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Page 1 of 5 Maricopa County Purchase Agreement and Escrow Instructions Title Company Security title Agency, Inc Date May 17, 2024 Address 2415 E. Camelback Road, Suite 200 Phone 602-230-6271 City Phoenix, AZ 85016 Fax 602-926-0452 Escrow Officer Jason Bryant Email jbryant@securitytitle.com Escrow No. 15210847 -015-JB6-SW Grantors: Kathleen Schmidt Mailing Address: 28914 North 205th Drive Phone: 602-828-6400 City, State Zip Wittmann, AZ 85361 Email KES860@YAHOO.COM 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 $ 696.00 Total Acquisition of Grantor's Property: Full release of all Title Policy Fees $ 585.00 monetary liens and encumbrances, and leases of any kind. Title Report TBD 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 $ 1,281.00 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 $ 0.00 the lien of the current year's taxes in full. Release of Lease $ 0.00 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 $ 0.00 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 TBD Maricopa County's partial acquisition, and any Certificate(s) Consent Fees $ 0.00 of Purchase. The current year's taxes shall not be prorated S.R.V.W.U.A. $ 0.00 regardless of the closing date. Taxes -Prorated $ 0.00 Easement(s): Consent to easement(s) by secured party(ies). Total Other Charges TBD 14 Other Disbursements: Sub Total TBD Land $6,787.00 11 10 10 Total Purchase Price $6,787.00 Total Escrow & Title Costs $1,281.00 14 Total Compensation $6,787.00 TOTAL WARRANT** $8,068.00 *Escrow and title policy fees based on this amount only. **Sum of "Total Closing Costs" and "Total Compensation" only. Project Name: Peak View Low Volume Road Project Number: TT0606 Assessor Parcel No.: 503-47-008R Item No. D24527 Right of Way Agent: Alejandra Victoria-Lopez Telephone # 602-506-5248 Page 2 of 5 The GRANTOR and GRANTEE, having executed a conveyance of certain real property rights as described and depicted in the Exhibit(s) A-1, A-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 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 agrees to pay and the GRANTOR accepts the payment in full for the property described herein: Real property the amount of Six Thousand Seven Hundred Eighty-Seven and No/100 Dollars ($6,787.00) described and depicted in Exhibit “A-1” and “A-2” 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 TT0606, 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. Page 3 of 5 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: Kathleen Schmidt, a married woman as her sole and separate property RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED: MARICOPA COUNTY DEPARTMENT MARICOPA COUNTY BOARD OF OF TRANSPORTATION SUPERVISORS Kathleen Schmidt Date Right of Way Supervisor Chairman of the Board ________________________________ Date Date ATTEST: Approved as to form within the powers and authority of the Board of Clerk of the Board of Supervisors Supervisors Date Deputy County Attorney Date