Notice of Affordability Restrictions on Transfer of Property 2012-0346125RECORDECATTHE OMPA TOF Dl�C # 2012-0346125
SUBDIVISION IOcoMVPT. I11111111IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII1111111111111111111IN
SUBDIVISION DEPT.
JUN 13, 2012 4:21 PM
WHEN RECORDED MAIL TO:
OFFICIAL RECORDS
SAN DIEGO COUNTY RECORDER'S OFFICE
rnest Poway Housing Authority / ,[L EFEESJ Dronenbur30.00 COUNTY RECORDER
13325 Civic Center Drive (((� Vj� 12961 PAGES: 6
Poway, l9 11111111 ill Hill Hill Hill 11111 Hill Hill illHillHillHillHillHillHill1111Ill
Attn: Execec utive ive Director
PS1751002-UlZ
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 sec.), and
the Redevelopment Plan for the Paguay Redevelopment Project, has required
Craig M. Pierson and Trang Le Ho 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
12916 Metate Lane, Unit 2, Poway, San Diego County, Assessor's Parcel No.
317 - 350 -41, 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 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.
The Owner must give notice to the Housing Authority before resale of
the Property.
Notice of Affordability Restrictions (SHOP)
M(4"te Income Household
1552 \03 \566709.4
12g(;?
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 done, , as
Document /Instrument No. tole -Z3 1 v Izz. and shall remain in effect for forty-five
(45) years, commencing on thedune- l3 i Zolz and terminating on
Junc- 13 , 2057.
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:
.6
Notice of Affordability Restrictions (SHOP)
Moderate Income Household
1552 \03 \566709A
OWNER:
0 (Type Namg)
(Type Name)
12953
STATE OF CALIFORNIA )
) ss.
COUNTY OF SAN DIEGO )
On Qu,wf, S 20j,-, before me, d4ro ( S. leaf 1- personally
appeared PaAAA A ¢i(et who proved to
me on the basisactory evidence to be the person(O whose name(4) is /aw
subscribed to the within instrument and acknowledged to me that4se /she /tboy
executed the same in him/her /tlpir authorized capacity(.igs), and that by 4ie/her /tlaasr
signature(4) on the instrument the personW or the entity upon behalf of which the
person(o 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.
Sc�' 4�� -
STATE OF CALIFORNIA )
) ss.
COUNTY OF SAN DIEGO )
��
ap
appeared K '
me on the basis c
subscribed to the
executed the Sam
CAROL S. LEGG
Commission # 1934166
Notary Public - California
San Diego County
'Willycomm. 9N tree Apr 28.2015
yi��
_, personally
rctory evidence to be the person(s) whose na
instrument and acknowledged to me thqfP
her /their authorized capacity(ies), and that b
signature(s) on the instrument the person(s) or the entity upon behalf
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.
7
Notice of Affordability Restrictions (SHOP)
1552103 \5667093
PATTY N. SMITH 2
comm. #1936!361 n
C� NOTARY PUBLIC- CALIFORNIA N
SAN V My Comm�� n E p e 6 j
JUNE 13 2015
STATE OF CALIFORNIA
COUNTY OF SAN DIEGO
On
SS.
12964
�Y
personally
appeared --?Aw wjel'a 61JI2 __ who proved to
me on the basis of sati actory evidence to be the person(s) whose name(is re
subscribed to the within instrument and acknowledged to me that he s they
executed the same in hi T�'their authorized capacity(ies), and that by his4 their
signature(s) on the instrument the person(s) or the entity upon behalf of which the
person(s) acted, executed the instrument.
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
PATTY N. SMITH
36981
V NOTARY COMM. PUBLIC- C#19AUWRNIA 0 0
SAN DIEGO COUNTY
V My Commission Expires
JUNE 13 2015
12965
EXHIBIT A
Legal Description
A -1
Notice of Affordability Restrictions (SHOP)
1552 \03 \566709.3
12966
EXHIBIT "A"
Legal Description
LOT 2 OF CITY OF POWAY TRACT NO. 06 -06 THE MEADOWS, IN THE CITY
OF POWAY, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, AS SHOWN
BY MAP NO. 15743, FILED IN THE OFFICE OF COUNTY RECORDER OF SAN
DIEGO COUNTY, CALIFORNIA, ON MARCH 5, 2009.