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Notice of Affordability Restrictions on Transfer of Property 2010-0320184.. RECORDED 'AT THE REOUNT Or D O C # 201 0 -03201 84 CHICAGO TITLE COWANY �.} I sort oISIORI DEPT. IIIIIIIII IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII �3t70°I -1 "1la-U5ro RECORDING REQUESTED BYAND , JUN 25, 2010 8:00 AM WHEN RECORDED MAIL TO: OFFICIAL RECORDS SAN DIEGO COUNTY RECORDER'S OFFICE DAVID L. BUTLER, COUNTY RECORDER Poway Redevelopment Agency FEES: 2700 I � n PAGES: 7 13325 Civic Center Drive Ij� Poway, CA 92064 Attn: Executive 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 Daniel Prigmore and Jaime Prigmore, 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 13932 York Avenue, Lot B, Poway, San Diego County, Assessor's Parcel No. 314- 213 -51, 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 I lousehold 1552\03 \566709 3 X561 4. The Owner is prohibited. from further pledgirigthe Property as security 3 562 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:zojd "3" 182and shall remain in effect for forty -five (45) years, commencing on the 25100- )unc) 200and terminating on JUtjc 2 5 , 2055 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 WHEREOF, 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 Title: Executive Notice of Affordability Restrictions (SHOP) Moderate Income Household 1552\03 \566709 3 � I 1 _ �� �Type Name) (Type STATE OF CALIFORNIA ) ss. COUNTY OF SAN DIEGO ) On [AAIi LI 20 /!i 2010, before me, jL C Notary Public, personally appeared 4 /;//t/y who proved to me on the basis of satisfactory evidence to be the whose name( is/,ai subscribed to the within instrument and acknowledged to me that he /she /th) y executed the same in hg's /her /their authorized capacity(i,Y`s.), and that by lii's / her /th it signature(, -on the instrument the personal or the entity upon behalf of which the personl 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 handial seal. PHYLLIS SHINN .Commission # 1778898 i j o Notary Public •'Califomla, San Diego County 'M Camm.F; iresNov92D11 STATE OF CALIFORNIA ) ss. COUNTY OF SAN DIEGO ) On VUN-e. ark--- 2010, before me, MIEV— k)((Gs0t5 Notary Public, personally appeared, OtYYt�Y 2 who proved to me on the basis of satisfactory evidence to be the person(E' whose name,i re subscribed to the within instrument and .acknowledged to me that h e /they executed the same i is r /their authorized capacityk(e , and that by 1i `oer /theirsignatureo on the instrument the perso! (9) or the entity upon behalf of which the:person�4 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 p,� M. BRINGAS COMM. #1680066' z a R v Notary Public - California _ }w San Diego County M Comm. Expues 1u1, 8, 2010 3564 STATE OF CALIFORNIA ) ) ss. COUNTY OF SAN DIEGO ) On amine. a� 2010, before me, rn8ru S Notary Public, personally appeared GL 1 YY� r i YYt�)4� who proved to me on the basis of'satisfactory evidence o be the persoy whose name is re subscribed to the within instrument and acknowledged to me that he ey executed the same in hileir authorized capacity, and that by hisCh ieir signature(g) on the instrument the person) or the entity upon behalf of which the personyacted, 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\035667093 Slily M. BRINGAS COMM. #1680066 z Notary Public - California A z San Diego County o Comm. Expires Jul. 8, 2010 EXHIBIT A Legal Description A -1 Notice of Affordability Restrictions (SHOP) 1552 \03 \566709.3 3565 EXHIBIT "A" 3.566 LEGAL DESCRIPTION ASSESSORS PARCEL NO. 314- 213 -51 PARCEL B: PARCEL 'B' AS SHOWN.AND DESCRIBED ON THAT CERTAIN BOUNDARY ADJUSTMENT CERTIFICATE OF COMPLIANCE, BA NO. 07 -01, RECORDED SEPTEMBER 8, 2008 AS INSTRUMENT NO. 2008 - 0478020 OF OFFICIAL RECORDS OF SAN DIEGO COUNTY ( "BOUNDARY ADJUSTMENT NO. 07 -01 "). EXCEPTING THEREFROM 25 PERCENT OF ALL OIL, GAS AND MINERALS BENEATH SAID LAND AS RESERVED IN BOOK 6014, PAGE 23 OF OFFICIAL RECORDS. EXCEPTING THEREFROM ONE -HALF OF ALL OIL, GAS AND MINERALS BENEATH SAID LAND, AS RESERVED IN DEED RECORDED SEPTEMBER 16, 1955 IN BOOK 494, PAGE 494 OF OFFICIAL RECORDS. RESERVING THEREFROM, FOR THE BENEFIT OF AND APPURTENANT TO PARCEL 'A' OF BOUNDARY ADJUSTMENT NO. 07 -01, A NON - EXCLUSIVE EASEMENT FOR A SHARED DRIVEWAY OVER, UNDER, ALONG AND THROUGH ALL THAT PORTION OF SAID PARCEL 'B' DESCRIBED AS FOLLOWS: SHARED DRIVEWAY EASEMENT COMMENCING AT THE MOST EASTERLY NORTHEAST CORNER OF PARCEL 'C' OF BOUNDARY .ADJUSTMENT NO. 07 -01, SAID POINT ALSO BEING ON THE CENTERLINE OF YORK AVENUE (VACATED TO PUBLIC USE), SAID POINT BEARS NORTH 0 °21'08" WEST 20.00 FEET FROM THE MOST EASTERLY SOUTHEAST CORNER OF SAID PARCEL 'C'; THENCE ALONG THE NORTHERLY LINE OF SAID PARCEL 'C', SOUTH 89 °38'52" WEST 170.17 FEET; THENCE ALONG THE EASTERLY LINE OF SAID PARCEL 'C' AND SAID PARCEL '13% NORTH 0 °20'08" WEST 28.54 FEET TO THE TRUE POINT OF BEGINNING OF THIS DESCRIPTION; THENCE LEAVING SAID EASTERLY LINE OF PARCEL 'B', SOUTH 89 037'09" WEST, 30.00 FEET; THENCE PARALLEL WITH SAID EASTERLY LINE OF PARCEL '13% NORTH 0 020'08" WEST, 68.78 FEET TO THE NORTHERLY LINE OF SAID PARCEL '13% T14ENCE ALONG SAID NORTHERLY LINE, NORTH 89 °38'52" EAST, 30.00 FEET TO THE NORTHEASTERLY CORNER OF SAID PARCEL 'B'; THENCE SOUTHERLY ALONG THE EASTERLY LINE OF SAID PARCEL 'B', SOUTH 0 020708" EAST, 68.75 FEET TO THE TRUE POINT OF BEGINNING. ALSO RESERVING THEREFROM, FOR THE BENEFIT OF AND APPURTENANT TO PARCEL 'A' AND PARCEL 'C' OF BOUNDARY ADJUSTMENT NO. 07 -01, NON - EXCLUSIVE EASEMENTS FOR A PRIVATE DRIVEWAY OVER, UNDER, ALONG, AND THROUGH THAT PORTION OF THE PRIVATE DRIVE EASEMENT (DEFINED BELOW) LOCATED WITHIN PARCEL B. PARCEL BI: A NON- EXCLUSIVE„E'ASEM ENT, FOR THE BENEFIT OF AND APPURTENANT TO PARCEL 'B' ABOVE, FOR A PRIVATE DRIVEWAY OVER, UNDER, ALONG AND THROUGH THAI- PORTION OF THE FOLLOWING DESCRIBED LAND LOCATED WITHIN PARCEL 'C' OF BOUNDARY ADJUSTMENT NO. 07 -01: PRIVATE DRIVE EASEMENT LEGAL DESCRIPTION 3567 (continued) BEGINNING AT THE MOST EASTERLY NORTHEAST CORNER OF PARCEL `C' OF BOUNDARY ADJUSTMENT NO. 07 -01, SAID POINT ALSO BEING A POINT ON THE CENTERLINE OF YORK AVENUE (VACATED TO PUBLIC USE), SAID POINT BEARS NORTH 0 021'08" WEST 20.00 FEET FROM THE MOST EASTERLY SOUTHEAST CORNER OF SAID PARCEL `C %'ITIENCE SOUTH 89 038'52" WEST 170.17 FEET ALONG THE NORTHERLY LINE OF SAID PARCEL `C': THENCE ALONG THE EASTERLY LINE OF PARCEL `C', NORTH 0 °20'08" WEST, 9.29 FEET TO THE SOUTHEASTERLY CORNER OF SAID PARCEL 'B' OF BOUNDARY ADJUSTMENT NO. 07 -01; THENCE CONTINUING NORTHERLY, ALONG THE EASTERLY LINE OF SAID PARCEL 'B', NORTH 0 020'08" WEST, 19.25 FEET, THENCE LEAVING SAID LINE, SOUTH 89 °37'09" WEST, 48.50 FEET TO THE BEGINNING OF A NON - TANGENT, 28.00 -FOOT RADIUS CURVE, CONCAVE NORTHWESTERLY, THE CENTER OF WHICH BEARS SOUTH 89 °37'09" WEST; THENCE SOUTHWESTERLY ALONG THE ARC OF SAID 28 -FOOT RADIUS CURVE, THROUGH A CENTRAL ANGLE OF 43 °17'40 ", AN ARC DISTANCE OF 21.16 FEET TO THE SOUTHERLY LINE OF SAID PARCEL 'B'; THENCE ALONG SAID SOUTHERLY LINE, SOUTH 89 °39'52" WEST, 20.38 FEET; THENCE LEAVING SAID SOUTHERLY LINE, SOUTH 0 620'08" EAST, 29.31 FEET TO THE INTERSECTION OF THE WESTERLY PROLONGATION OF A PORTION OF THE SOUTHERLY LINE OF THE AFORESAID PARCEL `C', SAID POINT OF INTERSECTION BEARS SOUTH 89 038'52" WEST 246.66 FEET FROM THE SOUTHEAST CORNER OF SAID PARCEL 'C', ALSO BEING A POINT ON THE CENTERLINE OF YORK AVENUE (VACATED 1'0 PUBLIC USE); "THENCE EASTERLY ALONG SAID PROLONGATION LINE, NORTH 89 °38'52" EAST 246.66 FEET TO SAID SOUTHEAST CORNER OF PARCEL `C'; THENCE ALONG THE MOST EASTERLY LINE OF SAID PARCEL `C' AND SAID CENTERLINE OF YORK AVENUE (VACATED TO PUBLIC USE) NORTH 0 021'08" EAST 20.00 FEET TO THE POINT OF BEGINNING ( "PRIVATE DRIVE EASEMENT "). PARCEL B2: A NON - EXCLUSIVE EASEMENT, FOR THE BENEFIT OF AND APPURTENANT TO PARCEL 'B' ABOVE, FOR ROAD AND PUBLIC UTILITY PURPOSES, IN, OVER, UNDER AND ACROSS THE WESTERLY 40.00 FEET OF PARCELS I, 2 AND 3 AND THE NORTHERLY 30.00 FEET Of- PARCEL I OF PARCEL MAP NO. 1775, FILED IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY ON JULY 26, 1973, BEING A PORTION OF THE SOUTHWEST QUARTER OF THE SOUTHEAST QUARTER OF SECTION 12, TOWNSHIP 14 SOUTH, RANGE 2 WEST, SAN BERNARDINO MERIDIAN, ACCORDING TO OFFICIAL PLAT THEREOF. END OF LEGAL DESCRIPTION