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U <br />Commonwealth Land Title Company <br />RECORDING REQUESTED BY <br />T\ O <br />AND WHEN RECORDED MAIL TO: <br />City of Newport Beach <br />100 Civic Center Drive <br />Newport Beach, California 92660 <br />t&vZ 57 b" <br />Recorded in Official Records, Orange County <br />Hugh Nguyen, Clerk -Recorder <br />IIIIfjI 11I1I 11I1I 11I1I 17111 11 111]Jj jjII JIj111I NO FEE <br />*$ R 0 0 0 8 0 4 3 9 5 7$ <br />2015000645085 4:20 pm 12122115 <br />232 407 R29 C34 F14 9 <br />0.00 0.00 0.00 0.00 24.00 0.00 0.00 0.00 <br />Exempt From Recording Fee <br />to Government Code § 27383 <br />NOTICE OF AFFORDABILITY RESTRICTIONS <br />ON TRANSFER OF PROPERTY <br />Important notice to owners, purchasers, tenants, lenders, brokers, escrow and title companies, and <br />other persons, regarding affordable housing restrictions on the real property described in this Notice. <br />Affordable housing restrictions have been recorded with respect to the property described below (referred <br />to in this Notice as the "Property") which require that the Property be developed as an affordable rental <br />development and that all of the units except one manager's unit be rented to and occupied by persons and <br />households of limited income at affordable rents. <br />Title of Document Containing Affordable Housing Restrictions: Regulatory Agreement and <br />Declaration of Covenants and Restrictions ("Regulatory Agreement"). <br />Parties to Regulatory Agreement: City of Newport Beach, a California municipal corporation <br />and charter city ("City"), and Newport Veterans Housing, LP, a California limited partnership ("Owner"). <br />The Regulatory Agreement is recorded concurrently with this Notice, in the official records of <br />Orange County. <br />Legal Description of Property: See Exhibit "A" attached hereto and incorporated herein by this <br />reference. <br />Location of Property: 6001 Coast Boulevard, in the City of Newport Beach, County of Orange, <br />California 92663. <br />Assessor's Parcel Number of Property: 045-114-15. <br />88VO36753-0123 <br />2765748.6 a12/16/15 Page 1 of 6 <br />