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Maricopa County Department of Transportation Purchase Agreement and Escrow Instructions Title Company Empire West Title Agency Date 03/08/2017 Address 4808 North 22" Street, Ste 4100 Phone 602-749-7000 City Phoenix, AZ 85016 Fax Escrow Officer Sharon Dyke Email Escrow No. 62352EW Grantor: Madrid Place Homeowners Association, an Arizona non-profit corporation Phone: (623) 691-6500 Address: P.O. Box 6298 Email ssargearit@LHMAZ.com City, State Zip Goodyear, AZ 85338 Fax: (623) 691-6551 Grantee: Maricopa County, a political subdivision of the State of Arizona Mailing Address: I 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: r 1 Escrow Fees D 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 and pay Deed the lien of the current year's taxes in full. , Easement I I Mortgage Release El 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 delinvent 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. 1 1 0 Easement(s): Consent to easement(s) by secured party(ies). Total Other Charges • Other Disbursements: Sub Total Title Report Credit Land* $876.00 Possession date: Improvements* $160.00 Close of escrow: Drainage Easement* Date of recording: Cost to Cure Special Conditions Right of Way Contract Yes L No ill Exhibit "13" Total Closing Costs Entry Agreement Yes • No ' Total Purchase Price $1,036.00 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 95th Avenue to 107th Avenue PCN: 110511 Assessor Parcel No.: 101-20-424 Item No D22559 Right of Way Agent: JR. Williams Telephone 4 (602) 506-4893 Page 1. of 3 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 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 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. 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 MARICOPA COUNTY's occupation of the Grantor's property caused by ivIARICOPA 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. Ills 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: Madrid Place Homeowners RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED: Associ. ior an Arizona on-profit corporation .. Z.--- MARICOPA COUNTY DEPARTMENT MARICOPA COUNTY BOARD OF OF TRANSPORTATION SUPERVISORS By: % Peltril..-- 11 II P OP 1 j , i .-, Real Property Branch Manager Chairman of the Board ATTEST: Date Approved as to form within the powers and authority of the Board of Clerk of the Board of Supervisors Supervisors Accepted Date Deputy County Attorney Date Date RES/KGR Revised 2/3/2017 Page 2 of 3 Parcel No. 101-20-424 Project No. TT511 MC-85 at 83" AVENUE and CENTER TURN LANE EXPANSION MC 85: 107th AVENUE to 95th AVENUE Item No. D22559 EXHIBIT "A" LEGAL DESCRIPTION FOR FEE SIMPLE RIGHT OF WAY A parcel of land being a portion of that property as described in Document 2003-1675044, Maricopa County Records, lying within the Northeast quarter of Section 18, Township 1 North, Range 1 East of the Gila and Salt River Base and Meridian, Maricopa County, Arizona, being more particularly described as follows: COMMENCING at the Northeast corner of Section 18, from which the North quarter corner of said Section 18 bears North 89°51'43" West, a distance of 2607.93 feet; THENCE along the North line of said Section 18 North 89°51'43" West, a distance of 250.32 feet; THENCE departing said North section line South 00 02755" West, a distance of 83.19 feet to the existing South right of way line of MC 85 and the POINT OF BEGINNING; THENCE along said South right of way line North 89°27 10T West, a distance of 82.34 feet; THENCE departing said South right of way line South 83 05340" East, a distance of 66.92 feet; THENCE South 89°07'29" East, a distance of 15.74 feet to the East line of said property; THENCE along said East property line North 00 027'55" East, a distance of 6.57 feet to the POINT OF BEGINNING. The above described parcel contains 319 square feet or 0.0073 Acres more or less. Page 1 of 1 MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION Prelim: RES 8/10/16 Chk: Appr: Rev: Maricopa County - Real Estate Division EXPIRES 12 / 31 /2017 GRANTOR - 4 1----13ATE 1- - EXHIBIT "A" 2607.93' N89°51`43"W 250.32' 14" Deg feemm,,,=1 8.1 litemaisamm.1121 POB _C '40"E D22559 C 1 Madrid Place °1 Homeowners Association S00 101-20424 NO. BEARING LENGTH Li N 89°27'07" W 82.34' '•"<"--ofICA/4--"'I L2 S 8353'40" E 66.92' 4/6 L3 S 89°07'29" E 15.74' KENNETH 22260 W. L4 N 00027'55" E 6.57' 4 9 GREEN 2ef-24 , .i . • 022559 Fee Simple Right of Way: EXPIRES 12/31 /2017 319 square feet or 0.0073 acres MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION MC 85 at 83rd AVENUE and CENTER TURN LANE EXPANSION PROJECT No. TT511 ITEM No. D22559 DATE 9-15-16 M,C.D.O.T. R/W Tech: Agent: RES P.M. EXHIBIT "B" RIGHT OF WAY AGREEMENT Parcel No,: 101-20-424 Project No.: TT0511 Project Name: MC85 at 83rd Avenue & Center Turn Lane Expansion Project Termini: (95th Ave to 107th Ave) Item No.: D22559 (JRW) 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 WIARICOPA AGREES: A. To use the real property described herein for the general welfare and benefit of the public. B. To pay the Grantors the sum of Eight Hundred Seventy-Six and No/100 DOLLARS ($876.00) as payment in full for the property described herein. C. To pay the Grantors the sum of One Hundred Sixty and No/100 DOLLARS ($160.00) as payment in full for the improvements located on the property described herein and broken out as follows: 319 s.f. of crushed landscape rock =$160.00 Site Improvements Total =$160.00 D. That, if in the opinion of the Transportation Director it becomes necessary, private structures will be relocated in kind to the Grantor's property, clear of the property described herein, at no expense to the Grantor except as may be herein otherwise agreed. E. 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 Wan-anty Deed for the real property described in Exhibit "A" to the County of Maricopa for the general welfare and benefit of the public. 2. To accept the sum of Eight Hundred Seventy-Six and No/100 DOLLARS ($876.00) as payment in full for the property described herein. 3. To accept the sum of One Hundred Sixty and No/100 DOLLARS ($160.00) as payment in full for the Improvements located on the property described herein and broken out as follows: 319 s.f. of crushed landscape rock --$160.00 Site Improvements Total .7 $160.00 4. That the County, or its agents, is hereby granted the right to enter upon the remaining property of the Grantor for the purpose of accomplishing "D" above. GRANTOR ;2/7-DATE 1-1,9-17 Page 3 of 3