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ATTACHMENT NO. 12 <br />NOTICE OF AFFORDABILITY RESTRICTIONS <br />RECORDING REQUESTED 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 from <br />payment of a recording fee <br />pursuant to Government Code <br />Sections 27383 and 6103. <br />NOTICE OF AFFORDABILITY RESTRICTIONS ON <br />TRANSFER OF PROPERTY <br />This Notice of Affordability Restrictions on Transfer of Property (or "Notice <br />of Affordability Restrictions") is executed and recorded pursuant to <br />Section 33334.3(f)(3)(B) of the California Health & Safety Code as amended by <br />AB 987, Chapter 690, Statutes of 2007 (herein, "Chapter 690"), and affects that <br />certain real property generally located at in the City <br />of Santa Ana, California ("City") as legally described in Exhibit A hereto <br />("Property"). The Community Redevelopment Agency of the City of Santa Ana, a <br />public body corporate and politic ("Agency"), and <br />("Homebuyer") have entered into that certain Homebuyer Loan Agreement dated <br />as of 20 ("Homebuyer Loan Agreement"). <br />I. The Homebuyer Loan Agreement provides for affordability <br />restrictions and restrictions on the transfer of the Property, as more particularly set <br />forth in the Homebuyer Loan Agreement. A copy of the Homebuyer Loan <br />Agreement is on file with Agency as a public record and is deemed incorporated <br />herein. Reference is made to the Homebuyer Loan Agreement with regard to the <br />complete text of the provisions of such agreement and all defined terms therein, <br />which provides for affordability restrictions and restrictions on the transfer of the <br />Property. <br />ATTACHMENT NO. 12- 1 <br />D OCSOC11400b73v 141200272.0001