Notice of Affordability Restrictions on Transfer of Property 2011-0297052w
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WHEN RECORDED MAIL TO:
DOOM 20110297052
JUN 10, 2011 1:01 PM
OFFICIAL RECORDS
SAN DIEGO COUNTY RECORDER'S OFFICE
Ernest J. Dr--- k rg, Jr., COUNTY RECORDER
Poway Housing Authority FEES: 30.00
13325 Civic Center Drive 7217, PAGES: 6
Poway, CA 92064
Attn: Executive Director
NOTICE OF AFFORDABILITY RESTRICTIONS ON
TRANSFER OF PROPERTY
(Poway Housing Authority- SHOP Program)
MODERATE INCOME HOUSEHOLD
NOTICE IS HEREBY GIVEN, that the Poway Housing Authority (the "Housing
Authority "), to carry out certain obligations under the Community Redevelopment
Law of the State of California (Health and Safety Code Section 33000 et sM.), and
the Redevelopment Plan for the Paguay Redevelopment Project, has required
Calvin Tran a California Resident (the "Owner ") to enter into certain affordability
covenants and restrictions entitled, Occupancy, Refinancing, and Resale
Restriction Agreement and Option to Purchase (the "Restrictions "), with reference
to certain real property (the "Property "), located at 12988 Metate Lane, Poway,
San Diego County, Assessor's Parcel No. 317- 350 -67, 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 moderate income households at a
purchase price affordable to moderate income households.
2. The owner must occupy the Property as the Owner's sole residence.
3. The Owner must give notice to the Housing Authority before resale of
the Property.
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Notice of Affordability Restrictions (SHOP)
Moderate Income Household
1552 \03 \566709.4
•
•
7?18
4. The Owner is prohibited from further pledging the Property as security
for any debt and Owner must obtain Housing Authority 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 on 3unL , as
Document/Instrument No. ;b 1/ , and shall remain in effect for forty-
five (45) years, commencing on ao i ( and terminating on
�00,q , 2006.
This Notice is being recorded and filed by the Housing Authority 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 Housing Authority 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.
Housing Authority:
Authority
Title: Execl!itive Di
OWNER:
Cat, D\
c
(Type Name)
(Type Name)
2
Notice of Affordability Restrictions (SHOP)
Moderate Income Household
1552 \03\566709.4
7
0
7219
STATE OF CALIFORNIA )
)
COUNTY OF SAN DIEGO )
On June 6, 2011, before me, Carol S. Legg, Notary Public, personally appeared Penny
Riley, who proved to me on the basis of satisfactory evidence to be the person whose name is
subscribed to the within instrument and acknowledged to me that she executed the same in
her authorized capacity, and that by her signature on the instrument the person, or the entity
upon behalf of which the person 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.
N11R�►'/riwaIeraN Carol S. Legg, Notary Public
5
OPTIONAL
Title or type of document: Notice,of'Affordability Restrictions on Transfer of Property
SHOP Program, Moderate Income Household.
Number of Pages: 2
Signers Other Than Named Above There is a signature space for "OWNER"
` 7220 STATE OF CALIFORNIA )
)SS.
COUNTY OF SAN DIEGO )
On e , 20 before per nals
appeared p y
pp � , who proved to
me on the basis of satisfactory evidence to be the person(s) whose name(s) is /are
subscribed to the withJ'� ' strument and acknowledged to me thgr she/ ey
executed the same in(�i* er /their authorized capacity(ies), and that hi 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.
t
STATE OF CALIFORNIA )
) ss.
COUNTY OF SAN DIEGO )
FAM N. i m
i- COMM. #1748453
NOTARY PUBLIC- CAUFORNIA
SAN DIS O COUNTY
MY Commission Expim
JUNE 13, 2011
On , 20 , before me, , 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 \566709.3
EXHIBIT A
Legal Description
A -1
Notice of Affordability Restrictions (SHOP)
1552 \03 \566709.3
7221
EXHIBIT "q •
LEGAL DESCRIPTION 7222
LOT 28 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.
15743, FILED IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY MARCH
5, 2009.
END OF LEGAL DESCRIPTION
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