Notice of Affordability Restrictions on Transfer of Property 2012-0274294RECORDED AT TIE 11111E0UE8T OF r
CHICAGO TIM COMPANY
SUBDIVISION DEPT.
Poway Housing Authority
13325 Civic Center Drive
DO 2012.0274294
IIIIIIIII IIINU�IIIIIINIIIVIIIIIIIInIIINInIIIIIIIINIIIIII
MAY 09, 2012 2:53 PM
OFFICIAL RECORDS
SAN DIEGO COUNTY RECORDER'S OFFICE
Ernest J. Dronenburg, Jr., COUNTY RECORDER
FEES: 36.00
9 7 5 7 PAGES: 8
Poway, ec ive 92064
Di 111111 Hill IIIII IIIII IIIII IIIII IIIII IIIII IIIII IIIII IIIIIIIIII IIIII IIIII IIIII IIII IIII
Attn: Executive Director
F5(75f01q -u( Z
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 seq.), and
the Redevelopment Plan for the Paguay Redevelopment Project, has required Eric
Lane and Monica Lane 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 12828 Yukon Way,
Unit 19, Poway, San Diego County, Assessor's Parcel No. 317- 350 -58, 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)
Moderate Income Household
1552%03\566709.4
9758
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 onMaY q Zola as
Document/Instrument No. told -bzAAi , and shall remain in effect for forty -five
(45) years, commencing on the sMag q ZolAand terminating on
_ n4j q 20s-7
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: OWNER: c/�
Poway Housing Authority Ji • l/
In
Title:
2
Notice of Affordability Restrictions (SHOP)
Moderate Income Household
1552\03\566709.4
r C. Lq n e.
` (Type Name)
Moo iGw L4n e.
(Type Name)
9759
STATE OF CALIFORNIA )
) ss.
COUNTY OF SAN DIEGO )
On ROrd a to 20 1d-, before me, Care l S. 4,1g, 06" P-` i ;`personally
appeared ile mg R;(-ea who proved to
me on the basis of satisfactory evidence to be the person(a# whose name(jr) is /an
subscribed to the within instrument and acknowledged to me that lw /she /t}ay
executed the same in lt/her /their authorized capacity(io&), and that by h*/her /thetr
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.
Notice of Affordability Restrictions (SHOP)
1552103 \566709.3
CAROL S. LEGS
Com k" # 19941811
Mealy Pu01k • Camornte
9m ONpo County
cow . 28, 2018+
all
'�-317 -36O -S�
9760
STATE OF CALIFORNIA )
ss.
COUNTY OF SAN DIEGO )
On y/? 4 , 20/x, before me, c p. fly personally
appeared if � e . �� , who proved to
me on the basis of satisfactory evidence to be the person(s) whose name(s)Ware
subscribed to the within instrument and acknowledged to me that Ise /y e /they
executed the same in W/har /their authorized capacity(ies), and that by his/lwr /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.
JOYCE I.SCHRUM
COMM. #1875781 n
hw NOTARY PUBLIC- CALIF09NIA j
V SAN DIEGO COUNTY
My Commission Expires
JANUARY 31 2014
Notice of Affordability Restrictions (SHOP)
1552 \03 \566709.3
`° 9761
TRUE COPY CERTIFICATION
(Government Code 27361.7)
Place of Execution
I certify under penalty of perjury that this material is a true copy of the original
material contained in this document.
l '2 V / 2-
Date
Rm. Fpm #M (&17$7)
Signature of Declarant
Type or Print Name
STATE OF CALIFORNIA )
) ss.
COUNTY OF SAN DIEGO )
On 20, before me,
appeared
9762
personally
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
9763
;r. .w
LEGAL DESCRIPTION 9764
LOT 19 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
END OF LEGAL DESCRIPTION