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Maricopa County Department of Transportation Purchase Agreement and Escrow Instructions Title Company Stewart Title Date Address 2920 N. Litchfield Road #120 Phone 623-463-3050 City Goodyear, Arizona 85395 . Fax Escrow Officer Tanai Chubinsky Email Tami.chubieski@stewart.com Escrow No. Grantor: Sunset Tartesso, LLC, an Arizona limited liability company Phone: 480-831-9200 Contact: Jfm Cell: Mailing Address; 1400 E. Southern Ave. #720 Elliotthomesaz.com City, State, Zip Tempe, Arizona 85282 Fax: Grantee: Maricopa County, a political subdivision of the State of Arizona Mailing Address: Real Estate Division, 2801 W. Durango Street, Phoenix, Arizona 85009 MARICOPA COUNTY shall pay directly to the Grantor, or deposit Charges and Disbursements to be paid from Grantor's funds as follows with the Title Company if escrowed, the purchase price plus all lawful (check all that apply): costs incidental to closing as follows: Escrow Fees n 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 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 arid pay Deed the lien of the current year's taxes in full Easement Mortgage Release D 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.R.V.W.U.A. of Purchase. The current year's taxes shall not be prorated Taxes - Prorated regardless of the closing date. El Easement(s): Consent to easement(s) by secured party (ie's). Total Other Charges El Other Disbursements: Sub Total Title Report Credit Land & Improvements* $10.00 Possession date; Upon Signature Severance Damages Close of escrow: TCE Date of recording: Cost to Cure Special Conditions Right of Way Contract Yes El No El Exhibit "B" Total Closing Costs*** Entry Agreement Yes ID No 121 Total Purchase Price $10.00 Addendum attached hereto and made a Yes Li No IS] TOTAL WARRANT** $10.00 part hereof *Escrow and title policy fees based on this amount only. **Sum of "Total Purchase Price" only. ***All Closing Costs to be paid by Seller. Proj cct/Zoning: S2017022 PCN: Assessor Parcel No.: 502-10-00711 Item No DD-10853 Right of Way Agent: Geoffrey L. Holloway Telephone # (602)506-5248 Page 1 of 2 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 he 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 dosing 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 MARTCOPA 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 \vill pay the costs of the owner's tide 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. 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. MAIUCOPA 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. It is further agreed settlement is being made in lieu of condemnation, and therefore not admissible as evidence of value, nor for any other evidentiary purpose, in conjunction with any judicial or administrative proceeding. GRANTOR Sunset Tartesso, LLC, an Arizona limited liability company: RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED: MARICOPA COUNTY DEPARTMENT MARICOPA COUNTY BOARD OF OF TRANSPORTATION SUPERVISORS Its: A1/46,-;1,7_,,, jt - /yr Chairman of the Board ATTEST: Ddte Approved as to form within the powers and authority of the Board of Supervisors Clerk of the Board of Supervisors Accepted Date ESCROW OFFICER Deputy County Attorney Date Date KGR Revised 4/11/2018 Page 2 of 2 EXHIBIT "A" MCDOT MAINTENANCE ACCESS EASEMENT PHASE 2F DESCRIPTION THAT PORTION OF "RESUBDIVISION OF UNIT NO. 38 OF ROMOLA OF ARIZONA GRAPE FRUIT UNIT" RECORDED IN BOOK 18 PAGE 38, RECORDS OF MARICOPA COUNTY AND BEING A PORTION OF NORTHEAST QUARTER OF SECTION 35, TOWNSHIP 3 NORTH, RANGE 2 WEST OF THE GILA AND SALT RIVER MERIDIAN, MARICOPA COUNTY, ARIZONA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTH QUARTER CORNER OF SAID SECTION 35 BEING MARKED BY A REBAR, FROM WHICH THE NORTHEAST CORNER OF SAID SECTION 35, BEING MARKED BY A BRASS CAP IN HANDHOLE, BEARS SOUTH 89 DEGREES 57 MINUTES 44 SECONDS EAST, 2659.57 FEET; THENCE SOUTH 89 DEGREES 57 MINUTES 44 SECONDS EAST, ALONG THE NORTH LINE OF SAID NORTHEAST QUARTER, 1084.77 FEET; THENCE DEPARTING SAID NORTH LINE, SOUTH 00 DEGREES 02 MINUTES 16 SECONDS WEST, 1194.05 FEET TO THE POINT OF BEGINNING; THENCE SOUTH 89 DEGREES 48 MINUTES 11 SECONDS EAST, 100.00 FEET; THENCE SOUTH 00 DEGREES 11 MINUTES 49 SECONDS WEST, 65.00 FEET; THENCE NORTH 89 DEGREES 48 MINUTES 11 SECONDS WEST, 100.00 FEET; THENCE NORTH 00 DEGREES 11 MINUTES 49 SECONDS EAST, 65.00 FEET TO THE POINT OF BEGINNING; SAID PARCEL CONTAINS 6,500 SQUARE FEET OR 0.1492 ACRES, MORE OR LESS. Project No.: 16176 Location: Maricopa County, Arizona File: MCDOT Esmt Pn2F Description I Hubbard Engineering (Mesa, AZ) Page 1 of 1 aburcham@hubbardengineering.com HUBBARD ENGINEERING www,hubbardengineering.com N. 1/4 CORNER, NE CORNER, SEC. 35, UN, R2W, OLIVE AVENUE SEC. 35, T3N, R2W, FND. REBAR N. LINE, NE 1/4, SEC. 35, T3N, R2W FND. BCHH P.O.C. S89°57'44"E 2659.57' 1?ESUBDIVISION OF UNIT NO. 38 OF ROMOLA OF ARIZONA GRAPE FRUIT UNIT BK. 18, PG. 38, M. C. R. P.O.B. S89'48 '11 "E 100.00' MCDOT MAINTENANCE ACCESS ESMT. N89°48'11 "W 100.00' S89°42 '44"E 1469.48' E. 1/4 CORNER, N.T.S. SEC. 35, UN, R2W, END. BCF GRANITE VISTA Project No. Date 16176 03/05/18 MCDOT MAINTENANCE ACCESS EASEMENT Sht lol l EXHIBIT "A" Project Manager 'Project Eng. Maricopa County, Arizona ADRIAN BURCHAM I