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Maricopa County Department of Transportation
Purchase Agreement and Escrow Instructions
Title Company _ North American Title Company Date March 30, 2016
Address 3200 E. Cameiback Road, Suite 210 Phone _ 602.280.7503
City Phoenix, AZ_ 85018 Fax 1-866-488-1907
Escrow Officer © Mark Osborn
Escrow No. 29400-15-81931
Grantor: Schrader Farms, Inc. Phone:
Address: 5611 E. Calle Camelia Phone:
City Phoenix, AZ 85018 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 [1 Total Acquisition of Grantor's Property: Fult 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 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 closing date.
[1] Easement(s): Consent to easement(s) by secured party (ies).
Total Other Charges
L] Other Disbursements:
Sub Total
Title Report Credit
Land 26,900.00 Possession date:
Improvements Close of escrow:
TCE Date of recording:
Cost to Cure
Special Conditions Right of Way Contract Yes Nol]
Exhibit B°
2 1 76 0 0 0 1260 870 18 1670 -1
3 1 76 1 0 0 1260 870 18 1670 -1
4 1 76 1 1 0 1260 870 18 1670 -1
5 1 76 1 1 1 1260 870 18 1670 95.000000
2 1 77 0 0 0 1287 2504 180 36 -1
3 1 77 1 0 0 1287 2504 180 36 -1
4 1 77 1 1 0 1287 2504 180 36 -1
5 1 77 1 1 1 1287 2505 62 35 96.781898 part
5 1 77 1 1 2 1362 2504 105 28 95.955704 hereof
2 1 78 0 0 0 892 2538 316 5 -1
3 1 78 1 0 0 892 2538 316 5 -1
4 1 78 1 1 0 892 2538 316 5 -1
5 1 78 1 1 1 892 2538 316 5 95.000000
2 1 79 0 0 0 216 2567 1139 79 -1
3 1 79 1 0 0 216 2567 1139 79 -1
4 1 79 1 1 0 217 2567 996 36 -1
5 1 79 1 1 1 217 2567 146 28 93.088753 *Escrow
5 1 79 1 1 2 375 2567 62 28 95.606133 and
5 1 79 1 1 3 450 2567 65 28 95.981003 title
5 1 79 1 1 4 529 2567 104 36 96.191772 policy
5 1 79 1 1 5 645 2567 72 28 96.095238 fees
5 1 79 1 1 6 733 2567 104 28 96.278450 based
5 1 79 1 1 7 850 2574 41 21 96.043594 on
5 1 79 1 1 8 904 2567 65 28 96.043594 this
5 1 79 1 1 9 984 2568 135 27 96.717873 amount
5 1 79 1 1 10 1130 2567 83 36 95.217316 only.
4 1 79 1 2 0 216 2610 1139 36 -1
5 1 79 1 2 1 216 2610 107 29 33.821125 *“Sum
5 1 79 1 2 2 337 2610 35 29 94.270233 of
5 1 79 1 2 3 383 2610 103 29 93.330498 Total
Total Closing Costs Entry Agreement YesL] Nok
Total Purchase Price $26,900.00 Addendum attached hereto and made a YesL] No
TOTAL WARRANT**
Closing Costs" and Total
5 1 79 1 2 8 975 2610 165 29 96.478096 Purchase
5 1 79 1 2 9 1155 2610 105 27 96.601974 Price”
5 1 79 1 2 10 1273 2610 82 36 96.138512 only.
2 1 80 0 0 0 141 2673 2172 165 -1
3 1 80 1 0 0 141 2673 2172 165 -1
4 1 80 1 1 0 141 2673 2037 36 -1
5 1 80 1 1 1 141 2673 63 29 96.757561 The
5 1 80 1 1 2 217 2673 191 33 96.486778 GRANTOR,
5 1 80 1 1 3 424 2673 107 35 96.364830 having
5 1 80 1 1 4 545 2673 148 29 95.872635 executed
5 1 80 1 1 5 706 2681 20 19 96.958206 a
5 1 80 1 1 6 738 2681 197 28 96.096481 conveyance
5 1 80 1 1 7 948 2673 32 29 96.861366 of
5 1 80 1 1 8 990 2673 110 29 96.284348 certain
5 1 80 1 1 9 1114 2673 59 27 96.284348 real
5 1 80 1 1 10 1186 2675 134 34 96.834892 property
5 1 80 1 1 11 1333 2673 89 36 96.902786 rights
5 1 80 1 1 12 1434 2675 29 27 96.264580 to
5 1 80 1 1 13 1474 2673 52 29 96.772194 the
5 1 80 1 1 14 1539 2673 131 29 96.489761 Grantee
5 1 80 1 1 15 1684 2673 26 29 95.586861 in
5 1 80 1 1 16 1722 2681 18 21 95.956825 a
5 1 80 1 1 17 1753 2673 110 29 96.221764 certain
5 1 80 1 1 18 1878 2681 197 28 96.166801 conveyance
5 1 80 1 1 19 2086 2673 92 29 96.723679 dated
4 1 80 1 2 0 142 2715 2171 38 -1
5 1 80 1 2 1 142 2717 158 28 96.744034 described
5 1 80 1 2 2 315 2717 26 28 96.308357 in
5 1 80 1 2 3 355 2715 109 29 95.972702 Exhibit
5 1 80 1 2 4 475 2715 50 29 88.717766 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: Appleby Road (Arizona Ave to the Consolidated Canai PCN: T1526
Assessor Parcel Nos.: 303-41-006D ltem No D22876
Right of Way Agent: Steven Warburton Telephone # 602.506.4746
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.
The Escrow Agent is to withhold $ 0.00 as a security deposit pending satisfactory delivery of the subject property to MARICOPA COUNTY by the
Grantor. Grantor agrees MARICOPA COUNTY may apply the security deposit to payment of any unpaid rents due MARICOPA COUNTY from the
Grantor, or to payment for any loss or damage sustained by MARICOPA COUNTY caused by the Grantor after the date of this agreement. MARICOPA
COUNTY will make written authorization to the Escrow Agent for disbursement of the security deposit in accordance with this agreement, after
acceptance of delivery and possession of the subject property.
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 - Public Works 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 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 cost to cure monies have been paid to remove or relocate improvements on the property conveyed, Grantor agrees to remove or relocate such
improvements not later than 30 days from the date of payment. Grantor assumes all liability connected with said removal. It is further agreed that upon
expiration of the time provided for removal, all improvements remaining partially or wholly upon the lands conveyed shall become the property of
MARICOPA COUNTY and all rights of the Grantor to said improvements shall cease and terminate. Grantor shall be liable for the reasonable costs
incurred in removing said improvements. License is hereby granted to MARICOPA COUNTY or its agents to enter upon the Grantor's remaining lands
where necessary to accomplish the purpose of this agreement.
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.
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: Schrader Farms, Inc., an
RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED:
Arizona Corporation
MARICOPA COUNTY DEPARTMENT MARICOPA COUNTY BOARD OF
: OF TRANSPORTATION SUPERVISORS
Authorized Agent
WiLL am P. SCHeADER
Real Property Branch Manager Chairman of the Board
thizlooue
ATTEST:
Date
Approved as to form within the
authority thy Board of
Ee { $f Clerk of the Board of Supervisors
Supervisofs
Accepted Date ° ;
( A Ys
ESCROW OFFICER WHAn— /:
puty County Attorney Date Date
GS/CS Revised 10/9/2014
Y
EXHIBIT B
RIGHT OF WAY AGREEMENT
Parcel No.: 303-41-006D
Project No.: TT526 — Appleby Road
(Arizona Avenue to the Consolidated Canal)
Item No.: D22876 (sw)
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:
To use the real property described in Exhibit A for the general welfare and benefit of the public.
.
. To pay the Grantor the sum of Twenty Six Thousand Nine Hundred and 00/100 Dollars ($26,900.00
rounded) as payment in full for the property described herein.
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.
That no costs relating to construction of roadway improvements on Project No. TT525 will be charged to the
.
Grantor.
THE GRANTORS AGREE:
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 Twenty Six Thousand Nine Hundred and 00/100 Dollars ($26,900.00 rounded) as
payment in full for the property described herein
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 C above.
That, upon the Grantor's signing of the Warranty Deed, the County and/or its agents shall have immediate
use of the property described herein.
GRANTOR DATE#-6—/6
EXHIBIT “B”
Parcel No. 303-41-006 D
Project No. TT410
APPLEBY ROAD
ARIZONA AVENUE TO THE CONSOLIDATED CANAL
Item No. D22876
EXHIBIT “A”
LEGAL DESCRIPTION FOR FEE SIMPLE RIGHT OF WAY
The South 18 feet of the following described property:
The Northeast quarter of Section 15, Township 2 South, Range 5 East of the Gila and Salt River Base
and Meridian, Maricopa County, Arizona;
EXCEPT the East 1797.40 feet of said Northeast quarter.
The above described parcel contains 14,903 square feet or 0.3421 Acres more or less.
Page | of 1
MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION
Prelim: 10/22/13 ss | Chk: | Appr:
Rev: 2/17/16
Maricopa County Public Works - Real Estate Division EXPIRES 12/31/2017
GRANTOR _ 27/4 DATE_4- 6- /O
EXHIBIT “A”