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Page 2 of 5 The GRANTORS and GRANTEE, having executed a conveyance of certain real property rights as described and depicted in the Exhibits “A-1”and “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 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 GRANTORS accept the payment in full for the property described herein: i. Real property the amount of One Thousand Thirty-Eight and No/100 Dollars ($1,038.00) described and depicted in Exhibit “A-1” and “A-2”. ii. Administrative Settlement in the amount of Three Thousand Nine Hundred Sixty-Two and No/100 Dollars ($3,962.00). 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 GRANTORS’ property, clear of the property described herein, and at no expense to the GRANTORS except as may be herein otherwise agreed. With respect to the development/redevelopment of the property prior to construction of project TT0011, GRANTORS 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 GRANTORS’ 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. Exhibit" A-1" Parcel No. 401-40-002B Project No. TT00ll TT00 11 33 pt A VE I tern No. D25245 LEGAL DESCRIPTION FOR FEE SIMPLE RIGHT OF WAY The East 33 feet of the following describe parcel of land recorded in instrument 2003-0799341, Recorder of Maricopa County, lying in the Southeast quaiter of Section 21, Township 1 South, Range 5 West of the Gila and Salt River Base and Meridian, Maricopa Arizona, Arizona; Prope1ty Description BEGINNING at a point on the East line of said Southeast quarter, a distance of 887.41 feet South of the Northeast corner of said Southeast quarter; Thence, West 330 feet to a point; Thence North 321.12 feet to a point on the Southeast line of Old US 80; Thence North 54°06' East 407.39 feet along said Southeast line of Old US 80 to a point on the East line of said Southeast quaiter; Thence South along said East line 560 feet to the POINT OF BEGINNING; EXCEPT an undivided one-half interest in all minerals of every kind and character, including oil and gas, as reserved in docket 847, page 387. The above described parcel contains 18,085 square feet or 0.4152 acres. MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION Prelim: 08/12/2024 kwg Chk: Appr: Rev: Maricopa County Real Estate Department Page 4 of 5