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AFFORDABLE HOUSING RE, SALE RESTRICTION <br />RECORDING REQUES'T'ED BY, <br />AND WHEN RECORDED MAIL TO <br />Community Redevelopment Agency <br />of the City of Santa Ana <br />20 Civic Center* Plaza <br />Santa Ana, California 92702 <br />Attn: Executive Director• <br />This document is exempt frorn payment of a <br />recording fee pursuant to Government Code <br />Sections 27383 and 6103. <br />AFFORDABLE HOUSING RE SALE RES'T'RICTION <br />(Conditions, Covenants, and Restrictions Affecting Real Property and the Resale, <br />Ownership, Occupancy, Maintenance, and Other Matte's Related to Real Property) <br />This AFiFORDABLE NOI SING RESALE RE ST .ICTION ("Restriction") is made <br />as o :: :::: - ...,,.. <br />("flornebuyer"')ill favor of the COMMUNITY REDEVELOPMENT <br />CITE'' OF SANTA ANA, a public body, corporate and politic ("Agency"). <br />RECITALS <br />AGENCY of THE <br />A. Homebu er has purchased a single family house located at <br />Santa Ana, California, as such real property is more particularly <br />described its "Attachment No. P attached hereto and incorporated herein "Property "), <br />B. Ho neb tyer• and Agency lave entered into that certain Homebuyer Loan <br />Agreement ("Loan Agreement") dated of even date herewith, which is incorporated herein by <br />reference and a copy of which is on file with Agency at its offices and is a public. record, <br />pursuant to which Agency has agreed to cause the Propefty to be sold to Homebuyer at a <br />Moderate Income Affordable Housing Cost by providing certain financial assistance to <br />omebuyer ` Hoi e uyer Assistance Loan" and Homebuyer has agreed to subject the Property <br />to certain conditions, covenants ants and restrictions. Capitalized terms used herein and net <br />otherwise defined shall have the satne meaning as set forth in the Loan Agreement. <br />C. Homebuyer and Agency desire and intend to restrict the property and the <br />improveme is thereon its accordance with this Restriction to preserve its value for the benefit of <br />Hoi ebuyer, its successors and the surrounding neighborhood, <br />D. flomebuyer is a Moderate Income Household, as that term is defined in this <br />Restriction. <br />EXHIBIT D -1 To ATTACHMENT No. 11 <br />Affordable Housing Resale Restriction <br />Do CSO C11 4073NF 13/200272 -0001 <br />