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Deed of Trust and Security Agreement 2010-0266011b: N� RE(nRIDED AT TNr ' ".cCIJE.KT OF: CHICAGO TIT,.E t.•r -mPtkN SUBDIVISION L,tEPT. i OMP"MENTARY RECORDING REQUESTED PURSUANT TO GOVERNMENT CODE SECTION 27383 Poway Redevelopment Agency 13325 Civic Center Drive Poway, CA 92064 42g3 Attn: Executive Director D O C # 2010-0266011 1 1111111111111111 1 11111111111111111111111 1 1111111111111111111111111 IN MAY 27, 2010 8:00 AM OFFICIAL RECORDS SAN DIEGO COUNTY RECORDER'S OFFICE DAVID L. BUTLER, COUNTY RECORDER FEES: 000 WAYS. 2 DA: 1 PAGES: 13 DEED OF TRUST AND SECURITY AGREEMENT (Poway Redevelopment Agency- SHOP Program) THIS DEED OF TRUST AND SECURITY AGREEMENT ( "Deed of Trust ") made this a I _ day of MA 20(v among the trustor Carri oda ( "Borrower "), whose address Is 12822 Yukon ay, Poway,.CA 92064, and Chicago Title (" Trustee"), and the Poway Redevelopment Agency (the "Agency ") as Beneficiary. �[tsadefli The Borrower, in consideration of and as security for the loan of funds to the Borrower by Agency, irrevocably grants, transfers, conveys and assigns to Trustee, in trust, with power of sale, the property located in the City of Poway, County of San Diego, State of California, described in the attached Exhibit A .and more commonly known as: 12822 Yukon Way,, Poway, CA 92064 (the "Property "). TOGETHER with all the improvements now or hereafter on the property, and all easements, rights, appurtenances,, and all fixtures now or hereafter attached to the property, all of which, including replacements and additions thereto, shall be deemed'to be and remain a part of the property covered by this Deed of Trust; and TOGETHER with all fixtures now or hereafter attached to or used in and about the building or buildings now erected or hereafter to be erected on the Property which are necessary to the complete and comfortable use and occupancy of such building or buildings for the purposes for which they were or are to be erected, including all other.goods and all other personal property as are ever used or furnished in operating a building, or the activities conducted therein, similar to the one herein described and referred to, and all renewals or replacements thereof or articles in substitution therefore, whether or not the same, are, or shall be attached to said building or buildings in any manner (all of the foregoing, together with the Property, is herein referred to as the "Security "). To have and to hold the Security together with acquittances to the Trustee, its successors and assigns forever; TO SECURE to the Agency the performance of the covenants and agreements of Borrower contained in that certain Resale Restriction Agreement and Option to Purchase 1552 \03 \565868 4 i executed by and between the Borrower and the Agency of even - date herewith (the "Resale - Restriction Agreement "); TO SECURE the payment of Excess Sales Proceeds (as defined in the Resale Restriction Agreement)' and Excess Rents (as defined in the Resale Restriction Agreement) that may become due by Borrower to Agency; TO SECURE to the Agency the repayment of the sums in the amount of Twenty Five Thousand Four Hundred Ninety -Two. Dollars ($25,492) evidenced by that certain promissory note executed by Borrower in favor of the Agency as of the date of this Deed of Trust (the "Note "); and TO SECURE the payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and agreements of Borrower herein contained. BORROWER AND AGENCY COVENANT AND AGREE.AS FOLLOWS: 1. Borrower's Estate Borrower is the lawful owner of the Security with the right to grant and convey-the Security. Other than this Deed of Trust, the Security is.encumbered only by those deeds of trust (collectively the "First Lender Deed of Trust ") executed by Borrower to secure 2 promissory notes (collectively the "First Lender Note ") executed by Borrower -to assist in the purchase of the.Property in.connection with a loan or loans made to Borrower as follows. Name.of Lender Amount Date, Deed of Trust Recorded Bank Of America $270,168 1. City of Poway BEGIN $54,266 2. 3. 4. All lenders listed,above are collectively the "First Lenderr." Borrower agrees to warrant and defend generally the title and the Security against all claims, and demands, subject to any declarations, easements, or restrictions, listed in a schedule of exceptions to coverage in any title insurance policy insuring the Agency's interest in the Security. (As used in this Agency Deed of Trust, the term "'First Lender" shall include all successors and assigns of the First Lender.) 2. Repayment of Sums Owed under Note and Resale Restriction Agreement Borrower will promptly pay to the Agency all sums due underthe Note and the Resale 1552 \03\565868 4 4295 Restriction Agreement, including all principal and any Excess,SalestProceeds and Excess Rents. The Note contains the following provisions concerning repayment: Assumption of Note by Subsequent Bum Borrower acknowledges that this Note is given in connection with the purchase of the Home (as defined in the Note) as part of a program of the Agency to assist in the purchase of homes by low and moderate income households. Consequently, this Note is assumable only by Eligible Buyers of the Home (as defined in the Resale Restriction Agreement). Excess Rents and Excess Sales Proceeds are due at Transfer (as defined in the Note) including Transfer to an Eligible Buyer. The Note is due in full upon all other Transfers. In the event this Note is assumed by an Eligible Buyer, the Eligible Buyer.. shall_ execute a new promissory note, deed of trust, resale restriction, and notice of affordability restrictions on transfer of property, with new forty -five (45) =year terms in forms approved by the Agency. 3. Resale Restriction Agreement Borrower will observe-and perform all of the covenants and agreements of the Resale Restriction Agreement. 4. First Lender Loan Borrower will observe and perform all of the covenants and agreements of the First Lender Note, First Lender Deed of Trust and related First Lender loan documents. 5. Charges; Liens Borrower will pay all taxes, assessments and other charges and impositions attributable to the Security which may attain a priority over this Deed of Trust, by Borrower making any payment, when due, directly to.the payee thereof. Upon request by the Agency, Borrower will promptly furnish to the Agency all notices of amounts due under this paragraph. In the event Borrower makes payment directly, Borrower will promptly discharge any lien which has priority over this Deed of Trust; provided, that Borrower will not be required to discharge the lien of.the Deed of Trust securing the First Lender Note (the "First Lender Deed of Trust ") or any other lien described in this paragraph so, long as Borrower will agreedn writing to the payment of the obligation secured by such lien in a' manner acceptable to the Agency, or will, in good faith, contest such lien by, or defend enforcement of such lien in, legal proceedings which operate to prevent the enforcement of the lien or forfeiture of the Security or any part thereof. 6. Hazard Insurance (a) Borrower will keep the Security insured by a standard all risk property insurance policy equal to the current replacement value of the Security by appraisal, such policy shall be adjusted annually to reflect changes to local building costs calculated on a'per square foot basis. The Agency has the right, but not the obligation, to inform Owner of the then - current replacement value of the Home. If the Security is located in a flood plain, Borrower shall also obtain flood insurance. In no.event shall the amount of insurance be less than the amount necessary to prevent Borrower from becoming a co- insurer under the terms of the policy. 1552 \03 \565868 4 4296 • The insurance carrier providing this insurance shall be licensed to do business in the State of California and be•chosen by Borrower subject to approval by the Agency. All insurance policies and renewals thereof will be in a form acceptable to the Agency, and will include a standard mortgagee clause with standard lender's endorsement in favor of the holder of the First Lender Note and the Agency as their interests may appear and in a form acceptable to the Agency. The Agency shall have the right to hold, or cause its designated agent to hold', the policies and renewals thereof, and Borrower shall promptly furnish to the Agency, or its designated agent, the original insurance policies or certificates of insurance, all renewal notices and all receipts of paid premiums. In the event of loss, Borrower will give prompt notice to the insurance carrier and the Agency or its designated agent. The Agency, or its designated agent, may make proof of loss if not made promptly by Borrower. The Agency shall.receive thirty (30) days advance notice of cancellation of any insurance, poIicies required under this section. Unless otherwise permitted by the Agency in writing, insurance proceeds, subject.to the rights of the First Lender, will be applied to restoration or repair of the Security damaged. If permitted by Agency, and subject to the rights of the First Lender, the insurance proceeds shall be used to repay any amounts due under Section 21 of the Resale Restriction Agreement, with the excess, if any, paid to Borrower. If the Security is abandoned by Borrower, or if Borrower fails to respond to Agency, or itsAesignated agent, within thirty.(30) days from the date notice is mailed by either of them to Borrower that the insurance carrier offers to settle a claim for insurance benefits, the Agency, or its designated agent, is authorized to collect and apply the insurance proceeds at the Agency's option either to restoration or repair of the Security or to pay amounts due under the Resale Restriction Agreement and the Note. If the Security is acquired by the Agency, all right, title and interest of Borrower in and to any insurance policy and in and to the proceeds thereof resulting from damage to the Security prior to the sale or acquisition will pass to the Agency to the extent of the sums secured by this Deed of Trust immediate prior to such sale or acquisition, subject to the rights of the First Lender. (b) During the course of any rehabilitation of the improvements located on.the Property, Borrower shall hire only licensed contractors who maintain the following forms of insurance: (i) Liability Insurance Comprehensive general liability insurance against liability -for bodily injury to or death of any person or property damage arising out of an occurrence on or about the Property. The limits of such insurance shall be not less than.One Million Dollars ($1,000;000) combined.single limit for bodily injury and property damage, naming the Agency, the City of Poway and their officers, employees, agents, board members and /or council members as additional insureds. (ii) Worker's Compensation Insurance Worker's compensation insurance covering all persons employed in connection with any work on the Property. 1 552 \D3 \565868 4 4297 7,. Preservation and Maintenance of Security Borrower will keep the Security in .good repair. and in a neat, clean, and orderly condition and in accordance, with all applicable laws, rules, ordinances,, orders and regulations of all federal, estate, county, municipal, and other governmental.agencies and bodies having or claiming jurisdiction and all their respective departments,'bureaus, and officials; and will not commit waste or permit impairment or deterioration of the Security. If there arises a condition in contravention of this Section 7, and if the Borrower has not cured such condition within thirty (30) days after receiving an Agency notice of such a conditionAhen in addition to any other rights available to the Agency, the Agency shall have the right.(but,not the obligation) to perform all acts necessary to cure such condition, and to establish or enforce a lien or other encumbrance against the Security to recover its cost of curing. 8. Protection of the Agency's Security If Borrower fails to perform the covenants and agreements contained in "this Deed of Trust or if any action or proceeding _is commenced which materially affects the Agency's interest in the Security, including, but not limited to, default under the First Lender Deed of Trust, eminent.domain, insolvency, code enforcement, or arrangements or proceedings involving a bankrupt or decedent, then the Agency, at the Agency "s option, upon notice to Borrower, may.make such appearances, disburse such sums and take such action as it determines necessary to protect the Agency's interest, including but not limited to, disbursement of reasonable attorney's fees and entry upon the Security to make repairs. Any amounts disbursed by the Agency pursuant to this paragraph, with interest thereon, will become an indebtedness of Borrower secured by this Deed of Trust. Unless Borrower and Agency agree to other terms of payment, such amount will be payable upon notice from the Agency to Borrower requesting payment thereof, and will bear interest from the date of disbursement at the lesser of (i) ten percent (10 %); or (ii) the highest rate permissible under applicable law. Nothing contained in this paragraph will require the Agency to incur any expense or take any action hereunder. 9. Inspection The Agency may make or cause to be made reasonable entries upon and inspections of the Security; provided that the Agency will give Borrower reasonable notice of inspection. 10. Forbearance by the Agency Not a Waiver Any forbearance (refraining from enforcing a right, obligation or debt) by the Agency in exercising any right or remedy will not be a waiver of -the exercise of any such rightor remedy, nor shall acceptance by the Agency of any payment provided for in the Note constitute a waiver of the Agency's right to require prompt payment of.any remaining, principal and interest owed. The procurement of insurance or the payment of taxes or other liens or charges by the Agency will not be a waiver of the Agency's right to require payment of any amounts secured by this Deed of Trust. 11. Remedies Cumulative All remedies provided in this Deed of Trust are distinct and cumulative to any right or remedy under this Deed of Trust or any other document, or afforded by law or equity, and may be exercised concurrently, independently or successively. 1552103\565868 4 MM 12. Hazardous Substances Borrower shall not cause or permitthe presence, use, disposal, storage, or release of any Hazardous Substances on or in the Property. Borrower shall notdo, nor 'allow anyone else to do,,anything affecting the Property that is.in violation of any Envirornmental'Law. The preceding two sentences shall not apply to the presence, use, or storage on theTroperty of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to maintenance of the Property. "Hazardous Substances" shall mean those substances defined as toxic or hazardous substances or hazardous waste under any Environmental Law, and the following substances: gasoline, kerosene, other flammable or.toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials. "Environmental Law" shall mean all federal and state of California laws that relate to health, safety or environmental protection. Borrower shall promptly give Agency written notice of any investigation, claim, demand, lawsuit or other action by any governmental or regulatory agency or private party involving the Property and any Hazardous.Substance or Environmental Law of which Borrower has actual knowledge. If Borrower learns, or is notified by any governmental or regulatory authority, that any removal or other remediation of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law. 13. Successors and Assigns Bound The covenants and agreements herein contained shall bind, and the rights hereunder shall inure to, the respective successors and assigns "of the Agency and Borrower subject to the provisions of this Deed of Trust. 14. Joint and Several Liability All covenants and agreements of Borrower shall be joint and several. 15. Notice Except for any notice required under'applicable law to be given in another manner, (a) any notice to Borrower provided for in this Deed of Trust will be given by certified mail, return receipt requested, express delivery with delivery receipt or personal delivery with delivery receipt, addressed to Borrower at the address shown in the first paragraph of this Deed of Trust or such other address as Borrower may designate by notice to the Agency as provided herein, and (b) any notice to the Agency will'be given by certified mail, return receipt,requested, express delivery with delivery receipt or personal delivery with delivery receipt, to the.Agency 13325 Civic Center, Poway,.,CA 92064, Attn: Executive Director, or to such other address as the Agency may designate by notice to Borrower as provided above. Notice shall be effective as of the date received by Agency as shown on the return receipt. 16. Governing Law This Deed of Trust shall be governed by the laws of the State of California. 17. Severability In the event that any provision or clause of this Deed of Trust or the Resale Restriction Agreement conflicts with applicable law, such conflict will not affect other 1552 \03 \565868 4 4299 provisions of this Deed of "Crust or the Resale Restriction Agreement which can be given effect without the- conflicting provision, and to this end the provisions of the Deed of Trust and the Resale Restriction Agreement are declared to be severable. 18. Captions The captions and headings in this Deed of Trust are for convenience only and are not to be used to interpret or define the provisions hereof. 19. Nondiscrimination The Borrower covenants by and for itself and its successors and assigns that there shall be no discrimination against or segregation.of a person or of a group of persons on account of race;, color, religion, creed, age, disability, sex, sexual orientation, marital status, ancestry or national origin in the sale, transfer, use, occupancy, tenure or enjoyment of the Property, nor shall the Borrower or any person claiming under or through the Borrower establish or permit any such practice or practices of discrimination or segregation with reference to the use, occupancy, or transfer of the Property. The foregoing covenant shall run with the land. 20. Nonliability for Negligence, Loss, or Damage Borrower acknowledges, understands and agrees that the'relationship between Borrowenand'the Agency is solely that of a Borrower and the administrators ofan Agency affordable housing program, and that the Agency does not undertake or assume any responsibility for or duty to Borrower to select, review, inspect, supervise, pass judgment on, or inform Borrower of the quality, adequacy or suitability of the Security or any other matter. The Agency owes no duty of care to protect Borrower against negligent, faulty; inadequate or defective building or construction or any condition of the Security and Borrower agrees that neither Borrower, or Borrower's heirs,. successors or assigns shall ever claim, have or assert any right or action against the Agency for any loss, damage or other matter arising out of or resulting from any condition of the Security and will hold Agency harmless from any liability, loss or damage for these things. 21. Indemnity Borrower agrees to defend, indemnify, and hold the Agency, the City of Poway and their officers, employees, agents, board members, and /or council members harmless from all losses, damages, liabilities, claims, actions, judgment's, costs, and reasonable attorneys fees that the Agency may incur as a direct or indirect consequence of: (a) Borrower's failure to any obligations as and when required by the Note, Resale Restriction Agreement, Notice of Affordability Restriction on Transfer of Property, and this Deed of Trust; or (b) the failure at any time of any of Borrower's representations or warranties to be true and correct. 22. Acceleration; Remedies Upon Borrower's breach of any covenant or agreement of Borrower in the Note, Resale Restriction Agreement, Notice of Affordability Restriction on Transfer of Property, or this Deed of Trust, including, but not limited to, the covenants to pay, when due, any sums secured by this Deed of Trust, the Agency, prior to acceleration, will mail by express delivery with delivery receipt, notice to Borrower specifying; (1) the breach; (2) the action required to cure such breach; (3) a date, not less than thirty (30) days from the date the 1552 \03 \565868.4 4300 -notice;is, received by Borrower as shown on the return receipt, by which such breach is to be cured }.and (4) if the..breach is'qurable, jhat failure to cure such breach on or before the date specified in the; notice may result;iwacceleration of the sums secured by this Deed of Trust and sale of the Security. The notice will also inform Borrower of Borrower's right to reinstate after acceleration and the right to bring a court action to assert the nonexistence of default or any other defense of Borrower to acceleration, and sale. If the breach is not'cured on or before the date specified in the notice, the Agency, at the Agency's option, may: (a) declare all of the sums secured by this Deed of Trust to be immediately due and payable without further demand and may invoke the power of sale,and any other remedies permitted by California law; (b) either in person or by agent, with or withouTbringing any action or proceeding, or by a receiver appointed by a court, and without regard .to.the'adequacy of its security, enter upon the Security and take possession thereof (or any part thereof) and of any of the.Security,'in its own name or in the name of Trustee, and do any acts which it deems necessary or desirable to preserve the value or marketability of the Property, or part thereof or interest therein,'increase.the income therefrom or protect the security thereof. The entering upon and taking possession of the Security shall not cure or waive any breach hereunder-or invalidate any act done,in response to such breach and, notwithstanding the continuance in possession of the Security, the Agency shall be entitled to exercise every right provided for,inthis Deed of Trust, or by law upon occurrence of any uncured breach, including.the right to exercise the power of sale; (c) commence an action to foreclose this Deed of Trust as a mortgage, appoint a receiver, ,.or specifically enforce any of the covenants hereof ;. (d) deliver to Trustee a written declaration of tdiefault and demand for sale, pursuant to the provisions for notice of sale found at California Civil Code Sections 2924 et seq., as amended from time to time; or,(e) exercise all other rights and remedies provided herein, in the instruments by which the Borrower acquires title to any Security, or in any other document or agreement now or hereafter evidencing, creating or securing all or any portion of the obligations secured hereby, or provided by law. The Agency shall be entitled to collect all reasonable costs and expenses incurred in pursuing the remedies provided'in this paragraph, including, but not limited to, reasonable attorney's fees. 23. Borrower's Right to Reinstate Notwithstanding the Agency's acceleration of the sums secured by this Deed of Trust, Borrower will have the right to.have any proceedings begun by the Agency to enforce this Deed of Trust discontinued at any time prior to five (5) days before sale, of the Security pursuant to the power of sale contained in this Deed of Trust or at any time prior to entry of.a judgment enforcing this Deed of Trust if: (a) Borrower pays Agency all sums which would be then -due under this Deed of Trust an&no acceleration under this Deed of Trust, the Note, or the Resale Restriction Agreement has occurred; (b) Borrower cures all breaches of any other covenants. or, agreements of Borrower contained in the Note, Resale Restriction Agreement, or this Deed of Trust; (c) Borrower pays all reasonable expenses incurred by Agency and Trustee in enforcing the covenants and agreements of Borrower contained in the Note, Resale Restriction Agreement, or this Deed of Trust, and in enforcing the Agency's and Trustee's remedies, including, but not limited to, reasonable attorney's fees; and (d) Borrower takes such action as Agency may reasonably require to assure that the lien of this Deed of Trust, Agency's interest in the Security and Borrower's obligation to pay the sums secured by this Deed of Trust shall continue unimpaired. Upon.such payment and cure by Borrower, this Deed of Trust and 1552 \03 \565868 4 4301 -the obligations secured hereby will remain in full force and effect as if no acceleration had occurred. 24. Due:on Transfer of the Property Upon a Transfer (as defined in the Resale Restriction Agreement) of the Property or any interest in it, the Agency shall require immediate payment in full of all sums secured by this Deed of Trust, except for amounts assumable by an Eligible Buyer pursuant to Section 8 of the Note. 25. Reconveyance Upon payment of all sums secured by this Deed of Trust, and upon the expiration of the Term of the Resale Restriction Agreement, if the Borrower owns and occupies the Property and is not in violation of any provisions of the Note,. this Deed of Trust or the Resale Restriction Agreement, the Agency will request Trustee to reconvey the Security and. will surrender this Deed of Trust and the Resale Restriction Agreement to Trustee. -Trustee will reconvey the Security without warranty and without charge to the person or persons legally entitled thereto. Such person or persons will pay all costs of recordation, if any. 26. Substitute Trustee The Agency, at the Agency's option, may from time to time remove Trustee and appoint a,successor trustee to any Trustee appointed hereunder. The successor trustee will succeed to all the title, power and duties, conferred upon the Trustee herein and by applicable law. 27. Superiority of First Lender Documents Notwithstanding any provision herein, this Deed of Trust shall not diminish or affect the rights of the First Lender under the First Lender Deed of Trust or any subsequent First Lender deeds of trust hereafter recorded against the Security in compliance with the requirements of Section 25 of the Resale Restriction_ Agreement. Notwithstanding any other provision hereof, the provisions of.this Deed of Trust shall be subordinate to the lien of the First Lender Deed of Trust and shall not impair the rights of the First Lender, or such lender's assignee or successor in interest, to exercise its remedies under the First Lender Deed of "Crust in the event of default under the First Lender Deed of Trust by the Borrower. Such remedies under the First Lender Deed of Trust include the right of foreclosure or acceptance of a deed or assignment in lieu of foreclosure. After such foreclosure or acceptance of deed in lieu of foreclosure, this Deed of Trust shall be forever terminated and shall have no further effect as to the Property or any transferee thereafter; provided, however,. if the holder of such First Lender Deed of Trust acquired title to the Property pursuant to a deed or assignment in lieu of foreclosure,, this Deed of Trust shall automatically terminate upon such acquisition of title provided that (i) the Agency has been given written notice of default under such First Lender Deed of Trust with a sixty (60) -day cure period (which requirement shall.be satisfied by recordation of a.notice of default under California Civil Code Section 2924), and (ii) the Agency shall not have cured the default within such sixty (60) -day period. 28. Request for Notice Agency requests that copies of the notice of default and notice of sale be sent to Agency at the address set forth in Section 15 above. 1552 \03\565868 4 4302 JN WITNESS WHEREOF,. Borrower has executed this Deed of Trust as of the date first written above. Borrower 10 155203 \565868 4 4383 STATE OF CALIFORNIA COUNTY OF SAN DIEGO On / lWw 26 Z ©/fl , before , me, - J297(N /Y. c=P/7lf Z!'! , Notary Public, personaeappeared �TEF/� %e ill t kZX /YD��. ,proved to me on the basis of satisfactory evidence to be the person(s) whose name(s )'1s re subscribed to the within instrument and acknowledged tome that h s ie hey executed the same in h�heir authorized capacity(ies), and that by hi er eir 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. . PATTY N. SMITH COMM. #1745493 y ' ® NOTARY PUBLIC - CALIFORNIA y p SAN DIEGO COUNTY 0 My Commission Expires JUNE 13, 2011 Notary P. STATE OF CALIFORNIA COUNTY OF SAN DIEGO On , before me, Notary Public, personally appeared _ , proved to me on the basis of satisfactory evidence to be the persons) whose name(s) is /are subscribed to the within instrument and acknowledged to me that he /she /they executed the same in his/her /their authorized capacity(ies), and that by his /her /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. Notary Public 1552 \03 \565868.4 4304 EXHIBIT A Property Description A -1 1552 \03 \565868.4 . . �. j.!an T"' jr, "'A95 ^h:,n astz�g R LEGAL DESCRIPTION 43 LOT IS OF OF POWAY TRACT NO. 06 -06 THE MEADOWS; IN THE CITY, OF POWAY, 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)