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Maricopa County Department of Transportation Purchase Agreement and Escrow Instructions Title Company Security Title Agency Date March 29, 2017 Address 4722 N. 24th St., Suite 200 Phone (602) 230-6247 City Phoenix, AZ 85016 Fax (602) 926-0452 Escrow Officer Jason Bryant Email Ibryant@Securityritle.com Escrow No. 15140167-015-JBA Grantor: Maureen Kathryn Mcltroy Phone: (928)282-4631 Address: 360 Foothills So. Drive Cell #: (928)274-2134 City Sedoria, AZ 86336 Email: 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 Charges and Disbursements to be paid from Grantor's funds as deposit with the Title Company if escrowed, the purchase price follows (check all that apply): plus all lawful costs incidental to closing as follows: 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 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 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 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.VV.U.A. of Purchase. The current year's taxes shall not be prorated Taxes regardless of the closing date. Easement(s): Consent to easement(s) by secured party (ies). Total Other Charges D Other Disbursements: Sub Total Title Report Credit Land* 7,973.04 Possession date: Close of escrow: Date of recording: Special Conditions Right of Way Contract Yes El No Exhibit "B" Total Closing Costs Entry Agreement Yes El No El Total Purchase Price $7,973.04 Addendum attached hereto and made a Yes LI NolE1 TOTAL WARRANT** part hereof *Escrow and title policy fees based on this amount only. **Sum of "Total Closing Costs" and "Total Purchase Price" only. The GRANTOR, having executed a conveyance of certain real property rights to the Grantee in a certain conveyance dated described in 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 the acceptance of delivery and possession by its BOARD OF SUPERVISORS. Project: 29th Ave — Irvine Rd to Desert Hills PCN: TT410 Assessor Parcel No.: 203-34-030L Item No D22954 Right of Way Agent: Kimberly Romero Telephone # 602-506-8685 ,T)e 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. R 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 IVIARICOPA COUNTY." The Escrow Agent is to request the Grantor acknowledge receipt of the amount shown an 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 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 IVIARICOPA 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 MAR1COPA COUNTY. 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. GRANTORS: -'W' RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED: Maureen kat-h&Figo Mollroy MARICOPA COUNTY DEPARTMENT MARICOPA COUNTY BOARD OF OF TRANSPORTATION SUPERVISORS Real Property Branch Manager Chairman of the Board /.20 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 OFFICER Deputy County Attorney Date Date GS/CS Revised 10/6/2009 Parcel No. 203-34-030 L Project No. TT410 29TH AVENUE IRVINE ROAD TO DESERT HILLS ROAD Item No. D22954 EXHIBIT "A" LEGAL DESCRIPTION FOR FEE SIMPLE RIGHT OF WAY That portion of the West half of the Northeast quarter of Section 26, Township 6 North, Range 2 East of the Gila and Salt River Base and Meridian, Maricopa County, Arizona, described as follows; COMMENCING at the Northwest corner of the Northeast quarter of said Section 26; THENCE North 8904639" East, along the North line of said Northeast quarter, a distance of 1318.59 feet to the Northeast corner of the West half of said Northeast quarter of said Section 26; THENCE South 00 007113" West, along the East line of the West half of said Northeast quarter, a distance of 1168.60 feet to the POINT OF BEGINNING, THENCE South 8905253" West, a distance of 25 feet; THENCE South 00007'13" West, parallel to and 25 feet West of the East line of said West half of the Northeast quarter, a distance of 303.87 feet; THENCE East, a distance of 25 feet to the East line of said West half of the Northeast quarter; THENCE North along the East line of said West half of the Northeast quarter, a distance of 303.90 feet to the POINT OF BEGINNING. EXCEPT all coal, gas, oil and other minerals reserved in the Patent from the United States of America. The above described parcel contains 7604 square feet or 0.1746 acres, more Or less. Page 1 of 1 MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION Prelim:BIC 02/13/14 Chk: Appr: Rev: 06/19/14 BFC , Ma ricopa County Public Works - Real Estate Division EXPIRES 12/31 /2014 GRANTOR-1n oW) • DATE V- 6) — a01 7 EXHIBIT "A"