Notice of Affordability Restrictions on Transfer of Property 2011-0007753REry ED AT THEIREOUSST OF F p
CHICAS II TITLE COMPANY P
Si BDINISION,DEPT �O
RECORDING REQUESTED BYAND
I WHEN RECORDED MAIL TO:
D O C# 2011-0007753
IIII1111IIIII11 IIIIII11111111IIIIII11111111111
JAN 05, 2011 8:00 AM 8,366
OFFICIAL RECORDS
SAN DIEGO COUNTY RECORDER'S OFFICE
Enest J. Dronenburg, Jr , COUNTY RECORDER Powa Redevelopment Agency
FEES: 30 00
13325 Civic Center Drive PAGES: 6
Poway, CA 111111111111111 IN IN
Attn: Executitive ve Director
NOTICE OF AFFORDABILITY RESTRICTIONS ON
TRANSFER OF PROPERTY
(Poway Redevelopment Agency- SHOP Program)
MODERATE INCOME HOUSEHOLD
NOTICE IS HEREBY GIVEN, that the Poway Redevelopment Agency (the
"Agency "), to carry out certain obligations under the Community Redevelopment
Law of the State of California (Health and Safety Code Section 33000 et seq.), and
the Redevelopment Plan for the Paguay Redevelopment Project, has required
Andrew Lane and Amy Lane, a California Resident (the "Owner ") to enter into
certain affordability covenants and restrictions entitled, Agency Resale Restriction
Agreement and Option to Purchase (the "Restrictions "), with reference to certain
real property (the "Property"), located at 12827 Dakota Street, Lot 17, Poway,
San Diego County, Assessor's Parcel No. 317 - 350 -56, and further described in
Exhibit A, incorporated herein by reference.
The affordability covenants and restrictions contained in the Restrictions include
without limitation and as further described in the Restrictions:
The Property is restricted for resale to low or moderate income
households at a purchase price affordable to low or moderate income
households.
2. The owner must occupy the Property as the Owner's sole residence.
3. The Owner must give notice to the Agency before resale of the Property.
Notice of Affordability Restrictions (SHOP)
Moderate Income Household
1552 \03 \566709.3
L�
4. The Owner is "prohibited from further pledging the Property as security
for any debt and Owner must obtain Agency approval prior to
refinancing existing encumbrances.
This Notice of Affordability Restrictions on Transfer of Property (the "Notice ") is
recorded for the purpose of providing notice only, and it in no way modifies the
provisions of the Restrictions. In the event of any conflict between this Notice and
the Restrictions, the terms of the Restrictions shall prevail.
The Restrictions have been recorded concurrently herewith as
Document/Instrument.No. 000 IISO and shall remain:in effect for forty -five
(45) years, commencing on the )9�ukc`y s) 2011 and terminating on
„20�.
This Notice is being recorded and filed by the Agency in compliance with Health
and Safety Code Sections 33334.3 and /or Section 33413, as amended effective this
date, and shall be indexed against the Agency and the Owner.
IN WITNESS W IEREOE; the parties have executed this Notice.of Affordability
Restrictions on Transfer of Property on or as of the date first written above.
AGENCY:
Poway Redevelopment A e
By: �tii Z
Penny Riley U,
Title: Executive Director
Notice orAffordability Restrictions (SHOP)
Moderate Income Household
1552 \03 \566709 3
2
OWNER:
(Type Name)
(Type Name)
8367
STATE OF CALIFORNIA )
) ss.
COUNTY OF SAN DIEGO )
On �C'Cm&A I CP , 2010, _ before me, �flyIL /S fH1,0V Notary
Public, personally appeared /1/y /LC --�- y
who proved to me on the basis of satisfactory evidence to be the personO whose
name($�is /a)`e subscribed to the within instrument and acknowledged to me that
is� /she /t executed the same in Ys /her /t1'ptegr authorized capacity(i, and that by
/her /thr signature(* on the instrument the person(, or "the entity upon behalf
of which the person(li�acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws of the State of California
that the foregoing paragraph is true and correct.
WITNES my hand and official seal.
rb
STATE OF CALIFORNIA
COUNTY OF SAN DIEGO
Onc>L�e`1tb�`' z9 , 2(
Public, personally appeared
r PHYLLIS SHINN
COmmI5Non # 1778898
Notary Public - Collfomlo
San Diego County £
Comm. E es NOV9 2011
ss.
who proved to me on the basis of satisfactory evidence to be the person(s) whose
name(s) s&hre'subscribed to the within instrumenvand acknowledged to me that
e he /they executed the same in .is er /their authorized capacity(ies), and that by
i er /their signature(s) on the instrument the person(s) or the entity upon behalf
of which the person(s) acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws of the State of California
that the foregoing.paragraph is true and correct.
WITNESS my hand and official seal.
Notice of Affordability Restrictions (SHOP)
1552 \03 \566709.3
PA17Y N. SMITH
COMM. #174$4p9
Q ° d NOTARY PMLIC-CAUPf1RNIA y
o SAN DIEGO COUNTY O
My Commission Expires
JUNE
e M
i t '
STATE OF CALIFORNIA )
ss.
COUNTY OF SAN DIEGO )
2010, before m , C= � , Notary
Public, personally appeared
who proved to me on the basis of sadsfactory evidence to be the person(s) whose
nam)are subscribed to the within instrument and acknowledged to me that
he/K they executed the same in hi &their authorized capacity(ies), and that'by
his &their signature(s) on the instrument the person(s) or the entity upon behalf
of which the person(s) acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws of the State of California
that the foregoing paragraph is true and correct.
WITNESS my hand an�dj official seal.
Notice of Affordability Restrictions (SHOP)
15521031566709 3
PATTY N. SMITH
.-. COMM. #1745493
NOTARY PUBUC- CAURDMA
m SANDIEGOCOUNTY Q
My Commission Expires
JUNE 13, 2011
m.
EXHIBIT A
Legal Description
Notice of Affordability Restrictions (SHOP)
1552\031566709.3
A -1
8310
r
Exhibit "A"
LEGAL DESCRIPTION
OrderNo.: PS17'1017 -U12
6 THE MEADOWS IN THE CITY OF POWAY
LOT 17 OF CITY OF rUwAY TRACT NO. 06 -0
COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, ACCORDING TO MAP THEREOF NO.
15743, FILED:IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY MARCH
5, 2009.
END OF LEGAL DESCRIPTION
END OF LEGAL DESCRIPTION
CLTA Preliminary Report Form - Modified (11- 17 -06)
Page 3
8371
Exhibit "A"
LEGAL DESCRIPTION
OrderNo.: PS17'1017 -U12
6 THE MEADOWS IN THE CITY OF POWAY
LOT 17 OF CITY OF rUwAY TRACT NO. 06 -0
COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, ACCORDING TO MAP THEREOF NO.
15743, FILED:IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY MARCH
5, 2009.
END OF LEGAL DESCRIPTION
END OF LEGAL DESCRIPTION
CLTA Preliminary Report Form - Modified (11- 17 -06)
Page 3
8371