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Page 1 of 11 Maricopa County Purchase Agreement and Escrow Instructions Title Company Security Title Agency Date January 9, 2024 Address 4722 N. 24th Street Phone 602-230-6271 City Phoenix, Arizona 85016 Fax 602-926-0452 Escrow Officer Jason Bryant Email jbryant@securitytitle.com Escrow No. 15210643-015-JB6-SW Grantor: KRG Glendale Peoria I, LLC 317-577-5604 Contact Ryan Vande Bosche Phone: Mailing Address: 30 South Meridian Street, Suite 1100 Email rvandebosche@kiterealty.com City, State Zip Indianapolis, IN 46204 Grantee: Maricopa County, a political subdivision of the State of Arizona Mailing Address: Real Estate Department, 2801 W. Durango Street, Phoenix, Arizona 85009 MARICOPA COUNTY shall pay directly to the Grantor, or deposit with the Title Company if escrowed, the purchase price plus all lawful costs incidental to closing as follows: Sub- Object Code Charges and Disbursements to be paid from Grantor's funds as follows (check all that apply): Escrow Fees Total Acquisition of Grantor's Property: Full release of all Title Policy Fees monetary liens and encumbrances, and leases of any kind. Title Report Pay in full all due and delinquent real property taxes and Title Report Credit general and special improvement assessments. Prorate the Total Escrow & Title Fees 14 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 Release & Reconveyance the lien of the current year's taxes in full. Release of Lease Partial Acquisition of Grantor's Property: Partial release of all monetary liens and encumbrances, and leases of any kind. At the discretion of Maricopa County, pay due and delinquent Total Recording Fees 14 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) Consent Fees of Purchase. The current year's taxes shall not be prorated S.R.V.W.U.A. regardless of the closing date. Taxes -Prorated Easement(s): Consent to easement(s) by secured party(ies). Total Other Charges 14 Other Disbursements: Sub Total Land* $18,920.00 11 Improvements* $2,015.00 10 TCE $55,586.00 12 Right of Way Contract Exhibit Yes No Total Purchase Price $76,521.00 Total Escrow & Title Costs 14 Total Compensation (minus any funds paid outside of escrow) TOTAL WARRANT** *Escrow and title policy fees based on this amount only. **Sum of "Total Closing Costs" and "Total Compensation" only. Project Name: Northern Parkway 99th Ave-87th Ave Project Number: TT0372 Assessor Parcel No.: 142-55-523 Item No. D24447 Right of Way Agent: Telephone # 602- Page 2 of 11 The GRANTORS and GRANTEE, having executed a conveyance of certain real property rights as described and depicted in the Exhibit(s) A, - -1, -2, 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 MARICOPA COUNTY Real Estate Department will be furnished a copy of the GRANTORS’ 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 GRANTORS acknowledge receipt of the amount shown on the closing statement as due GRANTORS. 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 GRANTORS 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 GRANTORS 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 GRANTORS’ 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 agrees to pay and the GRANTOR accepts the payment in full for the property described herein: Real property the amount of Eighteen Thousand Nine Hundred Twenty and No/100 Dollars ($18,920.00) described and depicted in Exhibit -1 and -2 Temporary Construction Easement in the amount of Fifty-Five Thousand Five Hundred Eighty-Six and No/100 Dollars ($55,586.00) described and depicted in Exhibit -1 and -2 Improvements located on the property in the amount of Two Thousand Fifteen and No/100 Dollars ($2,015.00) and broken out as follows in Exhibit . If in the opinion of the Transportation Director it becomes necessary, MARICOPA COUNTY, or its agents, is hereby granted to enter upon the remaining property for the purpose of private structure relocation in kind to the GRANTOR’s property, clear of the property described herein, and at no expense to the GRANTOR except as may be herein otherwise agreed. With respect to the development/redevelopment of the property prior to construction of project TT0372, GRANTOR will be responsible only for the costs of improvements required by the County or a municipality as part of a regulatory approval related to development/redevelopment of the property. 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. This Agreement is subject to cancelation pursuant to A.R.S. § 38-511. 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. Page 4 of 11 EXHIBIT " " Parcel No. 142-55-523 Item No. D24447 (TD) Within the Fee Area Landscaping Gravel (3 tons X $125/Ton + $200/delivery= $ 575.00 Concrete Sidewalk (80/SF X $18/SF)= $ 1,440.00 Total Site Improvements $ 2,015.00 LEGAL DESCRIPTION Northern Avenue Portion of APN 142-55-523 D24447 Public Right-of-Way A portion of Lot 15, Peoria Crossings Second Amended, recorded in book 692, page 19, Maricopa County Records (MCR), lying within Section 33, Township 3 North, Range 1 East, of the Gila and Salt River Meridian, Maricopa County, Arizona, more particularly described as follows: COMMENCING at the south quarter corner of said Section 33, a 3-inch Maricopa County Department of Transportation (MCDOT) brass cap in handhole, from which the southeast corner of said section, a 3-inch MCDOT brass cap in handhole, bears North 88°40'27" East (basis of bearing), a distance of 2661.77 feet; THENCE along the south line of said section, North 88°40'27" East, a distance of 1587.73 feet; THENCE leaving said south line, North 01°19'33" West, a distance of 65.00 feet, to the southwest corner of said Lot 15 and the POINT OF BEGINNING; THENCE along the west line of said Lot 15, North 00°00'00" East, a distance of 5.85 feet; THENCE leaving said west line, South 81°20'44" East, a distance of 33.77 feet, to the south line of said Lot 15 and a point hereby designated ; THENCE along said south line, South 88°40'27" West, a distance of 33.39 feet, to the POINT OF BEGINNING. TOGETHER WITH COMMENCING THENCE along the south line of said Lot 15, North 88°40'27" East, a distance of 307.40 feet, to the POINT OF BEGINNING; THENCE leaving said south line, North 53°38'10" East, a distance of 25.11 feet; THENCE North 86°40'50" East, a distance of 40.52 feet, to the east line of said Lot 15 and a point of intersection with a non-tangent curve; THENCE along said east line, southerly along said non-tangent curve to the right, having a radius of 631.53 feet, concave westerly, whose radius bears South 87°14'17" West, through a central angle of 01°26'10", a distance of 15.83 feet, to the southeast corner of said Lot 15 and a point of intersection with a non-tangent line; THENCE leaving said east line, along the south line of said Lot 15, South 88°40'27" West, a distance of 61.25 feet, to the POINT OF BEGINNING. Containing 860 square feet or 0.0198 acres, more or less. Subject to existing right-of-ways and easements. This parcel description was prepared without the benefit of survey fieldwork and is based on client provided information. Any monumentation noted in this parcel description is based on said information. LEGAL DESCRIPTION Northern Avenue Portion of APN 142-55-523 D24447 - TCE Temporary Construction Easement A portion of Lot 15, Peoria Crossings Second Amended, recorded in book 692, page 19, Maricopa County Records (MCR), lying within Section 33, Township 3 North, Range 1 East, of the Gila and Salt River Meridian, Maricopa County, Arizona, more particularly described as follows: COMMENCING at the south quarter corner of said Section 33, a 3-inch Maricopa County Department of Transportation (MCDOT) brass cap in handhole, from which the southeast corner of said section, a 3-inch MCDOT brass cap in handhole, bears North 88°40'27" East (basis of bearing), a distance of 2661.77 feet; THENCE along the south line of said section, North 88°40'27" East, a distance of 1587.87 feet; THENCE leaving said south line, North 01°19'33" West, a distance of 70.85 feet, to the west line of said Lot 15 and the POINT OF BEGINNING; THENCE along said west line, North 00°00'00" West, a distance of 22.07 feet; THENCE leaving said west line, North 89°51'21" East, a distance of 66.82 feet; THENCE North 78°08'56" East, a distance of 25.64 feet; THENCE South 89°57'37" East, a distance of 266.13 feet; THENCE North 01°10'35" West, a distance of 99.77 feet; THENCE North 88°09'37" East, a distance of 30.60 feet, to the east line of said Lot 15 and a point of intersection with a non-tangent curve; THENCE along said east line, southerly along said non-tangent curve to the right, having a radius of 631.53 feet, concave westerly, whose radius bears South 77°15'56" West, through a central angle of 09°58'21", a distance of 109.92 feet, to a point of intersection with a non-tangent line; THENCE leaving said east line, South 86°40'50" West, a distance of 40.52 feet; THENCE South 53°38'10" West, a distance of 25.11 feet, to the south line of said Lot 15; THENCE along said south line, South 88°40'27" West, a distance of 307.40 feet; THENCE leaving said south line, North 81°20'44" West, a distance of 33.77 feet, to the POINT OF BEGINNING. Containing 14,037 square feet or 0.3222 acres, more or less. Subject to existing right-of-ways and easements. This parcel description was prepared without the benefit of survey fieldwork and is based on client provided information. Any monumentation noted in this parcel description is based on said information.