B1. PURCHASE AGREEMENT AND ESCROW.PDF

Flood Control District of Maricopa County
Purchase Agreement and Escrow Instructions

Title Company Security Title Agency, Inc. Date 8/5/2025
Address 2415 E Cametback Road, Suite 200 Phone 602-230-6271
City Phoenix, AZ 85016 Fax 602-923-0452
Escrow Officer Adrianna Cabello Email Adrianna.Cabello@securitytitle.com
Escrow No. ST15241051
Grantor: David L. Mascarenas, a single man Phone: 602-350-9800
Contact David L. Mascarenas Phone:
Mailing Address: P.O, Box 253 Email dmascarenas61@outlook.com
City, State Zip Gila Bend, AZ 85337
Grantee: FLOOD CONTROL DISTRICT OF MARICOPA COUNTY, a political subdivision of the State of Arizona
Mailing Address: | Real Estate Department, 2801 W. Durango Street, Phoenix, Arizona 85009

The DISTRICT 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:

Charges and Disbursements to be paid from Grantor's funds as follows (check
alf that apply):

Release of Lease

Escrow & Title Fees | I
Escrow Fees IX Total Acquisition of Grantor's Property: Property Owner to provide all
Title Policy Fees TBD unrecorded easements, liens, etc. which Owner possesses, or which owner has
Title Report Fees TBD knowledge. Full release of all monetary liens and encumbrances, and leases
Title Report Credit ofany kind. Pay in full all due and delinquent real property taxes and general
Total Escrow & Tifle Fees and special improvement assessments. Prorate the current year’s real property
taxes on closings that occur on or after the 3rd Monday of August each year.
Escrow Agent shall withhold the prorated amounts from each party and pay
the lien of the current year's taxes in full.
Recording Fees:
Deed
Easement [
Mortgage Release E71 Partial Acquisition of Grantor's Property: Partial release of all monetary liens

and encumbrances, and leases of any kind. At the discretion of the DISRICT,

Total Recording Fees pay due and delinquent property taxes and general and special improvement
assessments, including full payment of taxes and assessments on individual
Other Charges: assessor parcels within the DISTRICT’S partial acquisition, and any
Certificate(s) of Purchase. The current year's taxes shall not be prorated
Release Fees regardless of the closing date.
S.R.V.WULA,
Taxes - Prorated
Total Other Charges
Sub Total I

()__Easement(s): Consent to easement(s) by secured party(ies).

Purchase Price

Land and Improvements* $255,000.00
Total Purchase Price $255,000.00

Total Escrow & Title, Recording, and Other Costs
Total Purchase Price $255,000.00

TOTAL WARRANT**

* Escrow and title policy fees based on this amount only.

**Sum of "Total Closing Costs" and "Total Purchase Price" only.

POC = Paid Outside of Closing,

Project: Gila Bend FPAP Project PCN: | 701,24.32
Assessor Parcel No.: AOQ2-15-146, 402-15,-147, 402-15-148, 402-15-149, and 402-15-150 Item No | F00491

Right of Way Agent: Jennifer Rodriguez Telephone No. | 602-506-4897
Consultant Cherisse Young Telephone No. | 602-682-0000

The GRANTOR and GRANTEE. having agreed to execute the conveyance of certain real property rights described in Attachment A and made a part hereat, and having
delivered same to the above Title Company as Escrow Agent, said agent is directed to deliver said conveyance to the DISTRICT, title to said property to be transferred
upon execution of the conveyance by the FLOOD CONTROL DISTRICT OF MARICOPA COUNTY BOARD OF DIRECTORS.

The Escrow Agent shall first apply the purchase price on deposit to satisly 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 Eserow 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 tunds to the party or
parties entitled thereto {tis further understood and agreed that the Title Company shall not be responsible for any Jiens 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 1s to certify this isa true and correct statement of disbursement of funds collected from the “DISTRICT ”

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

The DISTRICT 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 altemative, the
DISTRICT may, at its option, waive escrow andor title insurance. Upon such waiver, the references to Title Company, Escrow Agent and tile insurance hereim are not
applicable. .

If any element of this transaction is not handled through a title company, the conveyance will be delivered directly to the DISTRICT and payment will be made direct
from the Grantee to the Grantor after approval and acceptance by the FLOOD CONTROL DISTRICT OF MARICOPA COUNTY BOARD OF DIRECTORS and the
final fiting and recording of the documents.

It is understood and agreed the consideration expressed herein is accepted by the Grantor as fl 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 fiom the part being acquired and the construction of the improvements in the manner proposed by the DISTRICT.

The DISTRICT agrees to pay and the GRANTOR accepts the payment in full for the property described herein:
* Warranty Deed for Real property in the amount of fwe Hundred Fifty Thousand and No/{00 Dollars ($255,000.10). described and depicted sn attachment
A

The DISTRICT shall be responsible to the extent that damage occurs out of the DISTRICT's occupation of the Grantor's property caused by the DISTRICT’s negligence,
or by the negligent acts or conduct of its agents, employees, or contractors during the term of the DISTRICT'S temporary occupancy of the property. All claims shall be
submitted in accordance with the requirements of ARS 12-821

It is further agreed settlement is being made in lieu of condemnation, and therefore not admissible as evidence of value. nor lor any other evidentiary purpose, in
conjunction with any judicial or administrative proceeding.

RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED:

GRANTOR: David L. Mascarenas.asingle — £, QOD CONTROL DISTRICT OF eee eT NC OF MARICOPA
man . . . DIS
MARICOPA COUNTY COUNTY
DocuSigned by:
“Ped Baughanans 8/13/2025
David L.. Mascarenas Paul Baughman aa Date Chairman of the Board
{ o ie Director. Fload Control District
Date Doeusigned by: Date
<
( AS— 8/12/2025
Alex Smith ; Date ATTEST:
Director. Real Estate Department
APPROVED AS TO FORM and within Clerk of the Board of Directors
the powers and authority granted under the
laws of the State of Arizona
* Signed by: Date

io Caryineli

SERTSTRITONTS
Max Carpinelli

Flood Control District General Counsel
8/12/2025

Date

Attachment A
Legal Description
| for

Warranty Deed

Parcel No. 402-15-146, 402-15-147, 402-15-148, 402-15-149, and 402-15-150
Floodprone Properties Assistance Program
Project No, 700.24.32
Item No. F00491

Exhibit “A”

THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE COUNTY OF MARICOPA, STATE
OF ARIZONA AND IS DESCRIBED AS FOLLOWS:

Lots 18, 19, 20, 21 and 22, of Block 39, GILA BEND TOWNSITE, according to Book 1 of Maps, page 57,
records of Maricopa County, Arizona.