Notice of Affordability Restrictions on Transfer of Property 2010-0186406fW
RLCORDED.AT T".r. r,EOUEST OF
CHICAGO-TITLE COMPANY
SUBDIVISION DEPT.
RECORDING REQUESTED.BYAND
WHEN RECORDED MAIL TO:
DCC # 2010- 0186406
111111111 I I 1 11111 11111 11111 11111 11111 11111 11111 11111 11111 11111 1111 IN
APR 15, 2010 8:00 AM
OFFICIAL RECORDS
Poway Redevelopment Agency lnl1 AVID DIEGD C7"IT'f RECORDER'S OFFICE
D L BUTLER, f_OUP1T'(RECORDER
13325 Civic Center Drive FEES 2400
Poway, CA 92064 6253
PAGES: 6
Attn: Executive Director 111111 Hill Hill 11111111111111111111111111111 Hiligill Hill Hill milli III
k
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 Erin
Mercer, a California Resident �(the "Owner ") to enter into certain affordability
covenants and restrictions entitled, Agency Resale Restriction Agreement and
Option to Purchase (the "Restrictiors "), with reference to certain real property (the
"Property "), located at 13002 Metate Lane, Lot 30, Poway, San Diego County,
Assessor's Parcel No. 317- 350 -69, 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
6254
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.y 18 � y ° 3 and shall remain in effect for forty -five
(45) years, commencing on the IS "&lL O ! 0 and terminating on
AML I C , 20 -a
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: OWNER:
Poway Redevelopment Agency, C -)& C '
Title:
Notice of Affordability Restrictions (SHOP)
Moderate Income Household
1552 \03 \566709.3
(Type Name)
(Type Name)
6.255
STATE OF CALIFORNIA )
) ss.
COUNTY OF SAN DIEGO )
On J�3� IGO 0 , before me, Notary
Public, personally appeared Y
who proved to me on the basis of satisfactory evidenc , to be the person(s' whose
name(%) (s)ayesubscribed to the within instrument and, acknowledged to me that
hr/ he executed the same in • er/ •r authorized capacity(i2s), and that by
his /their signaturew on the instrument the person(Fr),or the entity upon behalf
of which the personk) 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 h nd:and official seal.
-rn
STATE OF CALIFORNIA )
) ss.
COUNTY OF SAN DIEGO )
On 1201, , before me,
Public, personally appeared
who proved to me on the basis of
name(s) is /are subscribed to the v,
he /she /they,executed the same in
his/her /their signature(s) on th n
of which the person(s) acte , exec
Notary
tisf ,4dory evidence to be the person(s) whose
instrument and acknowledged to me that
/her /their authorized capacity(ies), and that by
ument the person(s) or the entity upon behalf
the instrument.
I certify under PENH Y OF PERJURY under the laws of the State of California
that the foregoing p agraph is true and correct.
WITNESS my Kand and official seal.
Notice of Affordability Restrictions (SHOP)
1552 \03 \566709 3
6256
STATE OF CALIFORNIA )
) ss.
COUNTY'OF SAN DIEGO )
On 46 job i20/D ,,, before me, z�1iv Notary
Public, per personally appeared 04-
who proved to me on,the, basis of satisfactory evidence to be the person(s) whose
name (s )qare subscribed. to the within instrument and acknowledged to me that
he they executed the same in hi er heir authorized,capacity(ies), and that by
his ; heir signature(s),on the instrument the person(§) or "the entity upon behalf
of w ich 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. PATPYN.SMITH
.-' COMM. #17450.93
NOTARY PUBLIC- CALIFORNIA y
SAN DIEGO COUNTY A
My Commission Expires
JUNE 13, 2011
Notice of Affordability Restrictions (SHOP)
1552 \03 \566709.3
EXHIBIT A
Legal Description
Notice of Affordability Restrictions (SHOP)
1552 \03 \566709.3
FEW
6257
EXHIBIT 6A" Order No.:PS1751030 -U12
LEGAL DESCRIPTION 6258
LOT 30 OF CITY 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.
1 5743, 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 Repon Fmm -Modified (11 -17 -06)
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