A. PURCHASE AGREEMENT.PDF

Maricopa County Department of Transportation
Dedication Purchase Agreement and Esctow Instructions
Title Company Security Title Agency, Inc. Date December 23, 2020
Address 4722 N 24t St., Ste. 200 Phone 620-230-6297
City, State, Zip Phoenix, AZ 85016 Fax
Escrow Officer Jason Bryant Email jbryant@securitytitle.com
Escrow No. 15201157-015-JBo-SW
480-688-5658
480-240-5648 (Rose Law
Grantor: Sun American Development, an Arizona limited liability company Phone: | Group
Contact: Chris Webb (Rose Law Group) Cell:
josh@starwoodcustom.com
Mailing Address: | 2350 E Germann Rd., Ste 25 Email: cwebb@roselaweroup.com
City, State, Zip Chandler, AZ 85286 Fax:
Grantee: Maricopa County, a political subdivision of the State of Arizona
Mailing Address: | Maricopa County Real Estate Department, 2801 W. Durango Street, Phoenix, Arizona 85009
MARICOPA COUNTY shall pay directly to the Grantor, or deposit | Sub- Charges and Disbursements to be paid from Grantor's funds as follows
with the Title Company if escrowed, the purchase price plus all lawful | Object | (check all that apply):
costs incidental to closing as follows: Code
| !
Escrow Fees [_] Total Acquisition of Grantor's Property: Full release of all
Title Policy Fees monetary liens and encumbrances, and leases of any kind.
Pay in full all due and delinquent real property taxes and
general and special improvement assessments. Prorate the
Total Escrow & Title Fees 0.00 current year's real property taxes on closings that occur on or
After the 3rd Monday of August each year. Escrow Agent
Recording Fees: shall withhold the prorated amounts from each party and pay
Deed the lien of the current year's taxes in full.
Easement [
Mortgage Release X]__ Partial Acquisition of Grantor's Property: Partial release of all
Release of Lease monetary liens and encumbrances, and leases of any kind.
At the discretion of Maricopa County, pay due and delinquent
Total Recording Fees property taxes and general and special improvement
assessments, including full payment of taxes and
Other Charges: assessments on individual assessor parcels within the
Release Fees Maricopa County's partial acquisition, and any Certificate(s)
S.R.V.W.ULA. of Purchase. The current year's taxes shall not be prorated
Taxes - Prorated regardless of the date.
i
L] Easement(s): Consent to easement(s) by secured party (ies).
Total Other Charges
L] Other Disbursements: |
Sub Total 0.00
Land * $10.00 11 Possession date: Upon Signature
Close of escrow:
Date of recording:
Special Conditions Right of Way Contract Yes KX] | No[L]
Exhibit B
Total Closing Costs*** 0.00 Entry Agreement Yes[-] | NokX
Total Purchase Price $10.00 Addendum attached hereto and made a Yes [] | No kX]
TOTAL WARRANT** $10.00 part hereof
*Escrow and title policy fees based on this amount only.
**Sum of Total
5	1	74	1	35	4	405	2860	144	26	96.359520	Purchase
5	1	74	1	35	5	560	2860	97	26	96.160614	Price only.
*k* All Closing Costs to be paid by Seller.
This Agreement is subject to cancelation pursuant to A.R.S, § 38-511.
Project: E, San Tan Boulevard & S. Sossaman Road PCN: | TT0008
Assessor Parcel No.: 304-89-074F Item No | DD10887
Right of Way Agent: Kevin Swinehart Telephone # | (602)506-4893

The GRANTOR, having executed a conveyance of certain real property rights to the GRANTEE as described in the Exhibit(s) attached hereto and
made a part hereof, and having delivered same to the above Title Company as Escrow Agent, said agent is directed to deliver said conveyance to
MARICOPA COUNTY, title to said property to be transferred upon execution of the conveyance by the MARICOPA COUNTY BOARD OF
SUPERVISORS.
The Escrow Agent shall first apply the purchase price on deposit to satisfy such taxes, Deed of Trusts, leasehold interests, special assessments, and other
encumbrances as may be authorized for payment, and the balance thereof shall be paid in accordance with the terms herein.
Instructions to Escrow Agent: Deposit all escrowed funds in escrow account and disburse same by check; pay encumbrances in accordance with this
agreement; prorate all agreed items; record such escrowed instruments as are necessary or proper in the issuance of title insurance; and pay the balance of
the escrowed funds to the party or parties entitled thereto. It is further understood and agreed that the Title Company shall not be responsible for
any
liens or encumbrances not of record at the closing of escrow.
The Right of Way Agent or MARICOPA COUNTY - Real Estate Division will be furnished a copy of the Grantor’s closing statement with the following
certification signed by an authorized officer: “This is to certify this is a true and correct statement of disbursement of funds collected from MARICOPA
COUNTY.”
The Escrow Agent is to request the Grantor acknowledge receipt of the amount shown on the closing statement as due Grantor. Either a copy of this
request or a copy of a signed receipt is to be retained in the escrow file.
‘The property owner will pay the costs of the owner’s title insurance policy; fees associated with lender releases or loan pay-offs, including endorsements,
document preparation, and other expenses related thereto; escrow fees and other charges by escrow companies incidental to the closing of escrow. In the
alternative, Maricopa County may, at its option, waive escrow and/or title insurance. Upon such waiver, the references to Title Company, Escrow Agent
and title insurance herein are not applicable.
The property owner/applicant is responsible for all title and escrow cancellation fees if the closing/recording process is not completed.
If this transaction is not handled through a title company, the conveyance will be delivered directly to MARICOPA COUNTY and payment will be made
direct from the Grantee to the Grantor after approval and acceptance by the MARICOPA COUNTY BOARD OF SUPERVISORS and the final filing
and recording of the documents.
It is understood and agreed the consideration expressed herein is accepted by the Grantor as full and complete compensation for the interest being acquired. If the
acquisition is a partial acquisition from a larger parcel, the consideration expressed herein is likewise; full and complete compensation for all injury or damage to the Grantor’s
remaining lands by reason of their severance from the part being acquired and the construction of the improvements in the manner proposed by MARICOPA COUNTY.
If MARICOPA COUNTY is acquiring only a portion of Grantor’s property, then Grantor grants to MARICOPA COUNTY, its agents, employees and contractors, the right
to enter Grantor’s remaining property as necessary for utility reconnection, driveway reconnection and to facilitate construction on adjacent County owned right of way, if
required. MARICOPA COUNTY shall be responsible to the extent that damage occurs out of MARICOPA COUNTY 's occupation of the Grantor's property caused by
MARICOPA COUNTY 's negligence, or by the negligent acts or conduct of its agents, employees, or contractors during the term of MARICOPA COUNTY's temporary
occupancy of the property. All claims shall be submitted in accordance with the requirements of ARS 12-821. It is further understood and agreed that this temporary right
will expire and terminate thirty (30) days after completion of the above referenced project.
GRANTOR: Sun American Development, an
See RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED:
Arizona limited liability company
££) 45,90
¥
MARICOPA COUNTY DEPARTMENT MARICOPA COUNTY BOARD OF
Its:__Y (YAW AQ cf OF SUPERVISORS
TRANSTOREATION
f= Z1 +Z) JI/DNEU TN
4 7
By:
COUNTERPART
Its:
Real Property Manager Chairman of the Board
ATTEST:
Date
Approved as to form within the
powers and authority of the Board of ‘
i hing i ; Clerk of the Board of Supervisors
SupefyiaisE ) tN
:
Accepted Date
COUNTERPART
ESCROW
OFFICER
Deputy County Attorney — Date Date
KGR Revised 4/11/2018

DocuSign Envelope ID: 97A8CAD7-5698-4FOB-8C2C-88D3EC8CAA2D
The GRANTOR, having executed a conveyance of certain real property rights to the GRANTEE as described in the ex Aibit(s) attached hereto and
made a part hereof, and having delivered same to the above ‘Title Company as Escrow Agent, said agent is directed to deliver said to
conveyance
MARICOPA COUNTY, title to said property to be transferred upon execution of the conveyance by the MARICOPA COUNTY BOARD OF
SUPERVISORS,
‘The Escrow Agent shall first apply the purchase price on deposit to satisfy such taxes, Deed of Trusts, leaschold interests, special assessments, and other
encumbrances as may be authorized for payment, and the balance thereof shall be paid in accordance with the terms herein.
Instructions to Escrow Agent: Deposit all escrowed funds in escrow account and disburse same by check; pay encumbrances in accordance with this
agreement; prorate all agreed items; record such escrowed instruments as are necessary or proper in the issuance of title insurance; and pay the balance of
the escrowed funds to the party or parties entitled thereto. It is futher understood and agreed that the ‘Title Company shall not be responsible for
any
liens or encumbrances not of record at the closing of escrow.
‘The Right of Way Agent or MARICOPA COUNT - Real Estate Division will be furnished a copy of the Grantor's closing statement with the following
certification signed by an authorized officer: “This is to certify this is a true and correct statement of disbursement of funds collected from MARICOPA
COUNTY.”
‘The Esceow Agent is to request the Grantor acknowledge receipt of the amount shown on the closing statement as due Grantor. Either a of this
copy
request or a copy of a signed receipt is to be retained in the escrow file.
‘The property owner will pay the costs of the owner’s title insurance policy; fees associated with lender releases or loan pay-offs, including endorsements,
document preparation, and other expenses related thereto; escrow fees and other charges by escrow companies incidental to the closing of escrow. In the
alternative, Maricopa County may, at its option, waive escrow and/or title insurance. Upon such waiver, the references to ‘Title Company, Escrow Agent
and title insurance herein are not applicable.
‘The property owner/applicant is responsible for all title and escrow cancellation fees if the closing/recording process is not completed.
If this transaction is not handled through a title company, the conveyance will be delivered directly to MARICOPA COUNTY and payment will be made
direct from the Grantee to the Grantor after approval and acceptance by the MARICOPA COUNTY BOARD OF SUPERVISORS and the final filing
and recording of the documents.
Tt is undeestood and agreed the consideration expressed herein is accepted by the Grantor as full and complete compensation for the interest being acquired, If the
acquisition is a partial acquisition from a larger parcel, the consideration expressed herein is likewise; full and complete compensation for all injury or damage to the Grantor's
remaining lands by reason of their severance from the part being acquired and the construction of the improvements in the manner proposed by MARICOPA COUNTY.
If MARICOPA COUNTY is acquiring only a portion of Grantor’s property, then Grantor grants to MARICOPA COUNTY, its agents, employces and contractors, the right
to enter Grantor's remaining property as necessary for utility ceconnection, driveway reconnection and to facilitate construction on adjacent County owned right of way, if
required. MARICOPA COUNTY shall be responsible to the extent that damage occurs out of MARICOPA COUNTY's occupation of the Grantor's property caused by
MARICOPA COUNTY 's negligence, or by the negligent acts or conduct of its agents, employees, or contractors during the term of MARICOPA COUNTY's temporary
occupancy of the property. All claims shall be submitted in accordance with the requirements of ARS 12-821. It is further understood and agreed that this temporary right
will expice and terminate thirty (30) days after completion of the above referenced project.
GRANTOR: Sun American Development, an
; ea RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED:
Asizona limited liability company
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By: fe ERI
MARICOPA COUNTY . DEPARTMENT DATA MARICOPA COUNTY . - BOARD OF
Its YY AYAnwAGget OF TRANSPORTATION SUPERVISORS
WA - Zd _ Zu) DocuSigned by:
By
Kimberly, Romero JW COUNTERPART
SIGNED
Its: BEESAS8FF2B64 16...
Real Property Manager Chairman of the Board
4/28/2021 =
ATTEST:
Date
Approved as to form within the
powers and authority of the Board of
Clerk of the Board of Supervisors
SuPESBUNYied by:
Accepted Date ___ SL Jp SIGNED Tr
HasBtudbe COUNTERPART
F/O TOT
ESCROW
— 9B078209F 1CF48E...
OFFICER
Deputy County Attorney Date Date
KGR Revised 4/11/2018

Exhibit “B”
RIGHT OF WAY AGREEMENT
Parcel No.: 304-89-074F
Project No.: TT0008 — E. San Tan Blvd & S. Sossaman Rd
Item No.; DD10887 (IS) — Z2020015
WHEREAS in consideration hereinafter set forth, it is agreed, that this instrament contains the entire
agreement between the Grantor and Maricopa County. No further consideration is being paid than described in
this contract.
THE COUNTY OF MARICOPA AGREES:
A. To use the real property described in Exhibit A for the general welfare and benefit of the public.
B. To pay the Grantor the sum TEN and no/100 dollars ($10.00) as payment in full for the property described
herein.
That, if in the opinion of the Transportation Director it becomes necessaty, private structures will be
relocated in kind to the Grantor's property, clear of the property described herein, at no expense to the
County.
THE GRANTOR AGREES:
1. To grant a Warranty Deed for the real property described in Exhibit A to the County of Maricopa for the
general welfare and benefit of the public.
To accept the sum of TEN and no/100 dollars ($10.00) as payment in full for the property desctibed herein.
That acceptance of this property in no way obligates Maricopa County to construct or maintain a roadway
within the Right of Way granted by this document.
To be responsible for maintenance of the dedicated right of way until such time if and when a roadway is
built, to minimum county standards, and the roadway is open and declared into the Maricopa County
Transportation System.

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PROJ.NO.:201107-B __
GILBERT LAND SURVEYING, PLC
4361 S. Squires Lane, Gilbert, Arizona 85297 PAGE: _1_OF_1_PAGES
Phone: (480) 275-8020 - info@gibertsurvey.com DATE: 11/25/2020

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