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Notice of Affordability Restrictions on Transfer of Property 2013-0325988 � - RECORDED AT THE REDUEST OF ' ' �� CHICAGO TI7LE COMPANY � � � # ��� �_������Q ' SU�o1VISl�� DEPT IIIII IIII I IIIIIIIIII IIIIIII I II IIIIIII IIIIII II �E6 AND MAY 23, 2a13 4:49 PM �" WHEN RECORDED MAILTOc �„// OFFICIAL RECORDS SAN DIEGO COUNTY RECORDER'S OFFICE �,n Poway Housing Authority ErnestJ. Dionenburg,Ji., COUNTY RECORDER yi 13325 Civic Center Drive FEES: 24.00 Poway, CA 92064 ],34$ 4 PAGES: =t Attn: Executive Director ������������������������������������������������������������������������������������� CX'xX�69�1s-95C� -vi Z NOTICE OF AFFORDABILITY RESTRICTIONS ON TRANSFER OF PROPERTY (Poway Housing Authority- SHOP Program) 1VIODERATE INCOME WOUSEHOLD NOTICE IS�HEREB.Y�GIVEN, that the Poway Housing Authority (the "Housing , . Authority"), to carry out certain obligations under tlie Community Redevelopment � Law of the State of California (�Iealth� and Safety Code Section 33000 et se .),, and the Redevelopment:Plan for the Paguay Redevelopment,Project,,has required Jason Tagulinao and Tessa Tagulinao, Husband and Wife as Joint Tenants, 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 12964 Metate Lane, Poway, CA 92064, San Diego County, Assessor's Parcel No. 3i7-350-63, 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. I . Notice of Affordability Restrictions(SfiOP) Moderate 9ncome Household 1552\03\566709.4 � 3485 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 iY in no way modifies the pro�isions 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/lnstrument.No. 2°i3 " °3l S`` 6s and shall remain in effect for forty-five (45)"years, commencing on MaY Z3 , 2013, and terminating on �'!ay ,23 , 2058. 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 WII'EREOF�, tlie parties have executed this Notice.of Affordability Restrictions on Transfer of Property on or as of the daYe first written above. POWAY HOUSING AUTHORITY: By; Penn �Riley, xecuf e Director OWNER(s): By: ` ���''� ° By: � Jason Tagulinao T ssa i 2 Notice of�Affordability Restrictions(SHOP) Moderateincome Household ISi2\03\i66709.4 �.. � � � 13486 : STATE OF CALIFORNIA ) � ) ss. COUNTY OF SAN DIEGO ) On rf� 01. , 2013, before me '�� S• I��b�personally appeared ��¢ who pr ved [o me on the basis of satisfacfoi evidenc to 6e the-person{�) whose.name(a� is/ase subscribed to�the within instrument and acknowledged to me that lae/she/tb�-ezecuted the same in his/her/tk�eir authorized capaciCy(ia9), and that.by.tds/her/th�r signature(aj-on the instrument the person(� or the entity upon behalf�of whi'ch the�person(� acted, executeii the instrument. I certify under RENALTY OF�PERJUR�Y under the laws of the.State of California that the foregoing paragraph is true and correct. WITNESS my hand and ofticialseal. cnRO�,s. �eGc Commisslom# 1934186 < -u Notary PuGlic-California i = San Dlego County ' L/Gu'V� - My Comm.Ezpires Apr.28.2015� 1 Notary STATE OF CALIFORNIA ) ) ss. COUNTY OG' SAN DIEGO > �nT��, � On � / Z ZOI�2013;before me, U� �� .t� �B personally appeared .IASONT6acL/�/rfD rTE5S9 TA�KLiNAO , who ptoved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the witfiin instrument and acknowledged to me that he/she/they executed the same in his/hedtheir 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. 1 certify under P,ENALTY OF�PERJURY under the laws of the State of California�thaf t_h,e foregoing paragraph is true and correct. WITNESS my hand and official seal. PHYLGS SMINN Commiselon p 1958215 Notery PuDllc•Calitornla � Sanbleqo Counry No iy M Comm:Ex irec Nov 9,2015 r Notice ofAffordability Restrictions(SHOP) 1552\03\566709.3 EXHIBIT A 13 4 8 7 Legal Description LOT 24 OF CITY OF POWAY TRAGT NO. 06-06 THE ivIEADOWS, IN THE CITY OF POWAY, ' COUNTY OP SAN DD:GO, STATE OF CALiFORNIA, ACCORDING TO MAP THERE�F NO. 15743, FILBD IN THE OFFICE OF THE COUN"fY RECORDER OP SANbIEGO£QUNTY M.ARCH 5, 2009. ' • i A-1 No[ice of AffordabilityRes[ric[ions(Sf-IOP) 1552\03\5667093