Notice of Affordability Restrictions on Transfer of Property 2010-0405744(0 -1
l
gecording Requested By
Lawyers Title
RECORDING REQUESTED BYAND
WHEN RECORDED MAIL TO:
Poway Redevelopment Agency
p g Y CQ
13325 Civic Center Drive
Poway, CA 92064
Attn: Executive Director
DOC# 2070 - 0405744
1111111N111NNE11111,111111111111111111111111111,11 NCIhN11111 IN
AUG 08, 2010 8:00 AM
OFFICIAL RECORDS
SAN DIEGO COUNTY RECORDER'S OFFICE
DAVID L. BUTLER. COUNTY RECORDER
FEES: 30.00
14 PAGES: 6
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3,9 - /07
NOTICE OF AFFORDABILITY RESTRICTIONS ON
TRANSFER OF PROPERTY
(Poway Redevelopment Agency- SHOP Program)
LOW 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 sew.), and
the Redevelopment Plan for the Paguay Redevelopment Project, has required April .D.
Fletcher, 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 14250 Mariana Drive, Poway, San Diego County,
Assessor's Parcel No. 314 - 480 -30, 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:
1. The Property is restricted for resale to low income households at a
purchase price affordable to low 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.
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.
Notice of Affordability Restrictions (SHOP)
Low Income Household
1552 \03\583949.1
145
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. , and shall remain in effect for
forty -five (45) years, commencing on the , 2010 and terminating
on .2010.
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 Agency
By.
tecu tigat Title: )(or
2
Notice of Affordability Restrictions (SHOP)
Low Income Household
1552 \03 \583949.1
• MET1 t
(Type Name)
(Type Name)
STATE OF CALIFORNIA
COUNTY OF SAN DIEGO
On 'IAILy I' � 'FD /O —,20//),
personally appeared�iri/y�
146
) ss.
me, AZZ IZK/ y�ot Public
�/ L G--y , who
proved to me on the basis of satisfactory evidence to be the person(X whose
name. is /fie subscribed to the within instrument and acknowledged to me that
* /she /t executed the same in `bS/her /t%x authorized capacity, and that by
1*/her /tr signature* on the instrument. the person(k or the entity upon behalf
of which the person(Aacted, 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.
WITNE my hand d official seal.
PMLIS SH NN
(r Comminion # i nee9a
0140taty Public • Collton"
MV San Dlsyo County
tt
STATE OF CALIFORNIA )
) ss.
COUNTY OF SAN DIEGO }
On ,
29/ 9 before me Notary Public,
personall appeared �,e �, pt• , who
proved to me on the basis of sa isfactory evidence to be the person(s) whose
name are subscribed to the within instrument and acknowledged to me that
he/ hey executed the same in his( leir authorized capacity(ies), and that by
hi er/ eir signature(s) on the instrument the person(s) 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 fficial seal.
i
Notice of Affordability Restrictions (SHOP)
1552103\583949.1
PATTY N. SMITH
COMM. #1745493
NOTARY P1)SUC- CAUFORMA
SAN DIEGO COUNTY
My Comn Expires
JUNE missio 13, 2011
w
147
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO ss.
)
On , 20_, before me, , Notary Public,
personally appeared , who
proved to me on the basis of satisfactory evidence to be the person(s) 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.
Notice of Affordability Restrictions (SHOP)
1552 \03 \583949.1
EXHIBIT A
Legal Description
,�� 41Y�el---
A -1
Notice of Affordability Restrictions (SHOP)
1552 \43 \583949.1
FNe No: 39324217
149
EXHIBIT " AI
THE LAND REFERRED TO HEREIN IS SITUATED IN THE COUNTY OF SAN DIEGO, STATE OF
CALIFORNIA, AND IS DESCRIBED AS FOLLOWS:
PARCEL 1:
LOT 30 OF PACIFIC HOMES OF SAN DIEGO UNIT NO. 1, IN THE CITY OF POWAY, COUNTY OF SAN
DIEGO, STATE OF CALIFORNIA, ACCORDING TO MAP THEREOF NO. 7134, FILED IN THE OFFICE OF
THE COUNTY RECORDER OF SAN DIEGO COUNTY, DECEMBERS, 1971.
PARCEL 2:
AN EASEMENT AND RIGHT OF WAY FOR INGRESS AND EGRESS TOGETHER WITH THE RIGHT AND.
ENJOYMENT IN AND TO LOTS 33, 34, 56 AND 74 OF PACIFIC HOMES OF SAN DIEGO UNIT NO. 1,
IN THE COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, ACCORDING TO MAP THEREOF NO. 7134,
FILED IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY, DECEMBER 8, 1971.
ASSESSOR'S PARCEL NUMBER: 314 - 480 -30
I