Extracted text (via pymupdf_layout)
9170 characters
Maricopa County Department of Transportation Purchase Agreement and Escrow Instructions Title Company North American Title Company Date June 14, 2017 Address 3200 E. Camelback Rd. Suite 200 Phone (602)280-7500 City Phoenix, AZ 85018 Fax (866)488-1907 Escrow Officer Mark Osborn Email mosborugnat.com Escrow No. Grantor: Chuck Price Jr., an unmarried man Phone: (559)313-7519 Address: 3220 N. Highland Ave. Email usprice@netzero.net City, State Zip Fresno, CA 93737 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 (check all that apply): lawful costs incidental to closing as follows: i 1 Escrow Fees . El 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 g_eneral 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 and pay Deed the lien of the current year's taxes in full. Easement I 1 Mortgage Release 0 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 Release Fees Maricopa County's partial acquisition, and any Certificate(s) S.R.V.W.U.A. of Purchase. The current year's taxes shall not be prorated Taxes - Prorated regardless of the closing date. I El Easement(s): Consent to easement(s) by secured party(ies). Total Other Charges El Other Disbursements: Sub Total Title Report Credit Land* 800.00 Possession date: Improvements* Close of escrow: Drainage Easement* Date of recording: Cost to Cure Special Conditions Right of Way Contract Yes IX1 No El Exhibit ''B" Total Closing Costs Entty Agreement Yes 0 No I Total Purchase Price 800.00 Addendum attached hereto and made a Yes • No ., TOTAL WARRANT** part hereof *Escrow and title policy fees based on this amount only. **Sum of "Total Closing Costs" and "Total Purchase Price" only. Project: MC85 and Rainbow Road PCN: TT0534 Assessor Parcel No.: 504-45-016H Rem No D23413 Right of Way Agent: Kimberly Romero Telephone # (602)506-8685 Page 1 of 3 The GRANTOR, having executed a conveyance of certain real property rights to the GRANTEE as described in the attached Exhibit "A" 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 IvIARICOPA 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 lvfARICOPA 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 fife. Maricopa County 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. If any element of 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 also includes; 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. MARICOPA COUNTY shall be responsible to the extent that damage occurs out of IVIARICOPA 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 IvIARICOPA COUNTY's temporary occupancy of the property. All claims shall be submitted in accordance with the requirements of ARS 12-821. 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: Chuck Price Jr. RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED: MARICOPA COUNTY DEPARTMENT MARICOPA COUNTY BOARD OF ) A _t ' A 1 OF TRANSPORTATION SUPERVISORS Chuck Pri Jr.' * - r . ' 4,1, , , Real Property Branch Manager Chairman of the Board 7 /60 /Zb 17 ATTEST: Date Approved as to form within the powers and authority of the Board of Clerk of the Board of Supervisors Supervisors Accepted Date ESCROW engem Deputy County Attorney Date Date RES/KGR Revised 2/3/2017 Page 2 of 3 EXHIBIT "B" RIGHT OF WAY AGREEMENT Parcel No.: 504-45-016H Project No.: TT0534 Project Name: MC85 and Rainbow Road Project Termini: (MC85 north on Rainbow Road) Item No.: D23413 (KGR) WHEREAS in consideration hereinafter set forth, it is agreed that this instrument contains the entire agreement between the Grantor and Maricopa County. No further consideration is being paid than described in this agreement. THE COUNTY OF MARICOPA AGREES: A. To use the real property described herein attached Exhibit "A" for the general welfare and benefit of the public. B. To pay the Grantors the sum of Eight Hundred and No/100 DOLLARS ($800.00) as payment in full for the real property described herein attached Exhibit "A". C. That no costs relating to construction of roadway improvements on Project No. TT0511 will be charged to the Grantor. THE GRANTORS AGREE: 1. To grant a Warranty Deed for the real property described herein attached Exhibit "A" to the County of Maricopa for the general welfare and benefit of the public. 2. To accept the sum of Eight Hundred and No/100 DOLLARS ($800.00) as payment in full for the property described herein. GRANTOR DATE PaRe 3 of 3 Parcel No. 504-45-016 H Project No. TT0534 MC85 at Rainbow Road Item No. D23413 EXHIBIT "A" LEGAL DESCRIPTION FOR FEE SIMPLE RIGHT OF WAY That certain property described in document 2016-0557354, Maricopa County Recorder's office, and located in the East half of the Southeast quarter of Section 34, TIN, R3W, of the Gila and Salt River Meridian, Maricopa County, Arizona, said property described as follows: Commencing at the Southwest corner of the East half of the Southeast quarter; thence North 40.76 feet to the Point of Beginning; thence East 1,287.38 feet; thence South to the North line of the South 33 feet of the Southeast quarter; thence West 1,287 feet more or less; thence North to the Point of Beginning. The above described parcel contains 9,096 square feet or 0.2088 Acres more or less. Page 1 of 1 MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION Prelim: 06/13/17 jh Chk: Appr: Rev: Ma ricopa County Public Works - Real Estate Division EXPIRES 12 / 31 12017 GRANTORe5 DATE EXHIBIT "A"