I2. PURCHASE AGREEMENT AND ESCROW INSTRUCTIONS.PDF

Flood Control District of Maricopa County

Purchase Agreement and Escrow Instructions

Title Company Pioneer Title Agency, Inc. Date 2/15/2022

Address 7310 N. 16t Street, Suite 250 Phone | 602-328-8925

City Phoenix Fax 855-487-3551

Escrow Officer Jennifer Siverio Email | _Jennifer.siverio@ptaaz.com
Escrow No. 72501132-025-JS1

Grantor: Jeffrey Lynn Vandagriff, an unmarried man Phone: | 928-683-2659

Contact Phone:

Mailing Address: _| P.O. Box 291 Email

City, State Zip Gila Bend, AZ 85337 Fax:

Grantee: FLOOD CONTROL DISTRICT OF MARICOPA COUTNY [DISTRICT], 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 Sub- Charges and Disbursements to be paid from Grantor's funds as
the Title Company if escrowed, the purchase price plus all lawful Object | follows (check all that apply):
costs incidental to closing as follows: Code
Escrow Fees TBD KX Total Acquisition of Grantor's Property: Full release of all
Title Policy Fees TBD 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 TBD 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 | I
Mortgage Release LJ 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 the DISRICT, pay due and delinquent
Total Recording Fees TBD 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 DISTRICT’S partial acquisition, and any Certificate(s)
S.R.V.W.U.A. of Purchase. The current year's taxes shall not be prorated
Taxes - Prorated regardless of the closing date.
= |
LJ Easement(s): Consent to casement(s) by secured party(ies).
Total Other Charges TBD
LJ Other Disbursements: [
Sub Total TBD
Land and Improvements * $112,000.00 i Possession date:
Close of escrow:
Date of recording:
‘Total Compensation ‘TBD Right of Way Agreement Exhibit “B” Yes L] | Nok
Total Escrow & Title Costs TBD | 14 Right of Entry Agreement Yes L] | No
Total Purchase Price $112,000.00 Addendum attached hereto and made a YesL] | NoX
TOTAL WARRANT** TBD part hereof

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

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

*** P.O.C Paid outside of closing

Project: Floodprone Properties Assistance Program (FPAP) PCN: | 700.22.35
Assessor Parcel No.: 403-11-050 Item No | F00428
Right of Way Agent: John Huntley, Tierra Right of Way Services Telephone # | 602-758-4747

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DocuSign Envelope ID: 8F890044-8718-46CA-A7F 1-4EAAE5F4E232

‘The GRANTOR, having executed a conveyance of certain ccal property rights to the GRANTI as described in the Bxhibit(s) attached hereto and made
a part hereof, and having deliveced same to the above ‘litle Company as lisceaw Agent, said agent is directed to deliver said conveyance to the DISTRICT,
title to said property to be transfereed upon execution of the conveyance by the MARICOPA COUNTY BOARD OF DIRECTORS.

‘The Escrow Agent shall ficst apply the purchase price on deposit to satisfy such taxes, Deed of ‘rusts, Icaschold interests, special assessments, and other
encumbrances as may be authorized for payment, and the balance thereof shall be paid ia accordance with the terms herein.

Instcuctions to Hscrow Agent: Deposit all escrowed funds in esceow account and disburse same by check; pay encumbrances in accordance with this
agccement; prorate atl agreed items; record such escrowed instruments as are necessary oc proper in the issuance of title insurance; and pay the balance of
the escrowed funds to the party or parties entitled thereto. Itis further undeestood and agreed that the ‘litle Company shail not be cesponsible for any liens
or encumbrances nat of record at the closing of escrow.

‘The Right of Way Agent oc Maricopa County Real [state Department will be furnished a copy of the Grantor’s closing statement with the following
certification signed by an authorized officer: “This is to ceetify this is a teuc and correct statement of disbursement of funds collected from the “DISTRICT”

‘The Hsccow Agent is to request the Grantor acknowledge receipt of the amount shown on the closing statement as due Grantor. Hither a copy of this
request of a copy of a signed receipt is to be retained in the esccow file.

‘The DISTRICT wilt pay the costs of the owner’s title insueance policy; fees assaciated with lender celcases 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
alteenative, the DISTRICT may, at its option, waive escrow and/or title insurance. Upon such waiver, the eeferences to ‘Litle Company, Hsceow Agent and
tide insurance herein ace not applicable.

If any clement of this transaction is not handled through a title company, the conveyance will be delivered dircctly to the DISTRICT and payment will be
made direct from the Grantee to the Grantoc after approval and acceptance by the MARICOPA COUNTY BOARD OF DIRECTORS and the final filing
and recording of the documents,

‘tis understood and agreed the consideration expressed herein is accepted by the Grantor as full and complete compensation for the intecest being acquired.
Tf the acquisition is a pactial 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 pact being acquired and the constcuction of the improvements in the manner proposed by
the DISTRICT.

‘The DISTRICT shall be responsible to the extent that damage occurs out of the DISTRIC'Es 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. Ail 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 ageeed settlement is being made in licu of condemnation, and therefore not admissible as evidence of value, nor for any other evidentiary
purpose, in conjunction with any judicial or administeative proceeding.

GRANTOR:

~ 7 RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED:
Je€fecy Lynn Vandagriff, an unmarcied man
{FOOD CONERGL DISTRICT BOARD OF DIRECTORS OF
OF MARICOPA COUNTY FLOOD CONTROL DISTRICT OF
MARICOPA COUNTY
leffrey dq yan Vandaprifé 7 bocuSigned by:
id Vaan LVaadareel ‘) Mole Carll /2322022
OMETU 19-94 hy lec Mee ced
Vv if iid f e— UY REG aC Date Chairman of the Board
Dirgctog, flood Control District
va 5/23/2022
Ze Ag!
Alex ipithnsasnacc Date

Director, Real Listate Department

Approved as to form within the ;
powers and autharity of the Board of Cletk of the Board

Directors
7 Docusigned By:

Wawa. Pele 272872022 Date
SSPE ay Date

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Parcel No. 403-11-050
Floodprone Properties Assistance Program
Project No. 700.22.35
Item No. F00428

EXHIBIT “A”

LEGAL DESCRIPTION

The Land referred to herein below is situated in the County of Maricopa, State of Arizona, and is described as follows:

That part of Tract B, of WEST GILA BEND AMENDED, according to the plat of record in the office of the County Recorder
of Maricopa County, Arizona, recorded in Book 32 of Maps, Page 33, described as follows:

BEGINNING at the Southeast comer of said Tract B;

thence West along the South line of said Tract B, 75 feet;
thence North paratieling the East line of Tract B, 106.87 feet;
thence East paralleling the South tine of said Tract B, 75 feet;

thence South along the East line of Tract B, 106.87 feet to the POINT OF BEGINNING.

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