PARTIALLY EXECUTED PURCHASE AGREEMENT.PDF

Maricopa County Department of Transportation
Real Property Donation Purchase Agreement and Escrow Instructions

Title Company Security Title Agency, Inc. Date October 4, 2021
Address 4722. N. 24% Street, Ste. 200 Phone 602-230-6297

City, State, Zip Phoenix, Arizona 85016 Fax

Escrow Officer Jason Bryant Email jbryant@SecurityTitle.com
Escrow No.

Grantor: Jeff Floyd and Lynae Floyd, a married couple Phone:

Contact: Jeff Floyd Cell: 602-628-3883

Mailing Address: _| 6059 E. Spring Road Email: asuwwp@yahoo.com
City, State, Zip Scottsdale, AZ 85254 Fax:

Grantee: Maricopa County, a political subdivision of the State of Arizona

Mailing Address: | Maricopa County Real Estate Department, 2801 W. Durango Street, Phoenix, Arizona 85009
MARICOPA COUNTY shall pay directly to the Grantor, or Sub- Charges and Disbursements to be paid from Grantor's funds as
deposit with the Title Company if escrowed, all lawful costs Object | follows (check all that apply):
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.
Total Escrow & Title Fees TBD | 14
Recording Fees:
Deed TBD
Easement |
Mortgage Release [1 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 Maricopa County, pay due and delinquent
Total Recording Fees TBD | 14 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 Maricopa County'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.
— |
[1 _Easement(s): Consent to easement(s) by secured party (ies).
‘Total Other Charges TBD
[1 Other Disbursements: |
Sub Total TBD
Land * $0.00 Possession date: Upon Signature
Real Property Appraisal 14
(Harding & Associates) $3,600.00 Close of escrow:
Date of recording:
Special Conditions Right of Way Contract Yes X] | NoL]
Exhibit "C"
Total Closing Costs*** TBD Entry Agreement Yes L] | No
Total Purchase Price $0.00 Addendum attached hereto and made a Yes L] | Nok
TOTAL WARRANT** TBD part hereof

*Escrow and title policy fees based on this amount only.
**Sum of "Total Purchase Price" only.
#* All Closing Costs to be paid by Seller.

Project: Real Property Donation from Dr. Jeff Floyd PCN:
Assessor Parcel No.: 303-28-003] Item No | D24545
Right of Way Agent: Mona Cervantes Telephone # | (602)506-4648

The GRANTOR, having executed a conveyance of certain real property rights to the GRANTEE as described in the Exhibit(s) 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 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 Division 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; escrow fees and other charges by escrow companies incidental to the closing of
escrow. The property owner will pay any fees associated with property taxes, Deed of Trusts, leasehold interests, special assessments, and other
encumbrances, including lender releases or loan payoffs, including endorsements, document preparation, and other expenses related thereto. Maricopa
County will reimburse the property owner for the cost of the real property appraisal report, as per the invoice submitted into escrow. Should the escrow
fail to close due to the property owner the cost of the real property appraisal will not be reimbursed.

The property owner is responsible for all title and escrow cancellation fees if the closing/ recording process is not completed.
If this transaction is not handled through a title company, the conveyance will be delivered directly to MARICOPA COUNTY after approval and acceptance

by the MARICOPA COUNTY BOARD OF SUPERVISORS and the final filing and recording of the documents.

This Agreement is subject to cancelation pursuant to A.RS. § 38-511.

GRANTOR: Jeff Floyd and Lynae Floyd, a

e RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED:
married couple
Fi ) MARICOPA COUNTY DEPARTMENT MARICOPA COUNTY BOARD OF
Jeff Floyd
Vf. ¢ OF TRANSPORTATION SUPERVISORS
Lynde Floyd
Seed Zora
Real Property Managér bs Chairman of the Board
af Le va a es 9A
TL ALARA ATTEST:
Date ‘

Approved as to form within the

powers and authority of the Board of Clerk of the Board of Supervisors

Supervisors
Accepted Date
ESCROW ; fi
OFFICER

Deputy County Attorney Date: 10/19.21

Date

Exhibit “C”

RIGHT OF WAY AGREEMENT

Parcel No.: 303-28-003]
Project No.: TTO11
Item No.: D24545 (MDC)

WHEREAS in consideration hereinafter set forth, it is agreed, that this instrument contains the entire
agreement between the Grantor and Maricopa County. No further consideration is being paid than described in
this contract.

THE GRANTEE AGREES:
A. To use the teal property described in Exhibit "A" and depicted in Exhibit "B" for the general welfare and

benefit of the public.

B. To accept the real property donation from the Grantor for the property described herein.

THE GRANTOR AGREES:

1,

To grant a Special Warranty Deed for the real property described in Exhibit "A" to the County of Maricopa
for the general welfare and benefit of the public.

To donate-free of charge the property described herein.

That acceptance of this property in no way obligates Maricopa County to construct or maintain a roadway
within the Right of Way granted by this document.

EXHIBIT “A” .
Legal Desctiption for Real Property Donation
Exhibit “A”

Parcel No. 303-28-0033
Project No. TT011
REAL PROPERTY DONATION
Item No. D24545

LEGAL DESCRIPTION FOR FEE SIMPLE RIGHT OF WAY

That certain property as recorded in instrument No. 2007-1189457, lying in Section 3, Township 2
South, Range 5 East of the Gila and Salt River Base and Meridian, Maricopa County, Arizona and
being more particularly described as follows:

Commencing at the Southwest corner of said Section 3, being a 3” City of Chandler brass cap in hand
hole from which the South quarter corner being a MCDOT aluminum cap bears North 88°54'12" East

(basis of bearing);

Thence, along the south line of said section, North 88°54'12" East, a distance of 1,323.33 feet to the
Southeast corner of the Southwest quarter of the Southwest quarter of said section;

Thence along the east line of said Southwest quarter of the Southwest quarter, North 00°24’35” West,
60.00 feet to the southwest corner of said property and the Point of Beginning;

Thence continuing along said east line, North 00°24’35” West, 602.26 feet to the northwest corner of
said property;

Thence along the north line of said property, North 88°54719” East, 73.92 feet to the east line of said
property, being also a point on the west right of way line of the Union Pacific Railroad;

Thence southerly along the common line between said east property line and west right of way line of
said railroad the following courses;

Thence South 00°24°35” East, 119.51 feet to the beginning of a non-tangent curve having a radius of
1,879.86 feet from which the radius point bears South 89°39°57” West;

Thence 489.10 feet along a curve to the right and concave westerly through a central angle of
14°54’24” to apoint on the north line of the south 60.00 feet of the Southwest quarter of said section;
Thence along said north line South 88°54’17” West, 10.01 feet to the Point of Beginning.

The above described parcel contains 34,258 square feet or 0.7864 acres, more or less and is depicted
on the attached Exhibit “B”.

MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION
Prelim: 09/14/2021 kg | Chk: | Appr:
Rev:

Maricopa County Real Estate Department

/ GRANTOR DATE_2-27- 242,
age 1 of 1 Page of

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EXHIBIT “B”
Depiction of Real Property Donation

N88°54'19"E
73.92! T

EXHIBIT "B"

(radial)
$899) 39'57"W
ml

Not to Scale
MCDOT A.C. ON
1/2" REBAR

N88°53'23"E

APN 303-28-003

L= 489.10" —~

W. line of SE4 SW4
Sect 3, T25, RSE “~~. |

N00°24'35"W 602.26"

$88°54'17"W
= 10.01!
=) :
G POB ;
Zz ape
Ss MCDOT A.C. j
6 RLS 26414. / |
S : !
zt fo) *
‘| 3 . | S 1322.33" ;
ohio =f N88°54'17"E 2644.66! : ba |
Copenh SRAVANYROMD ake MCDOT A.C.
SW Cor SEC.3, / * Ris 26411
TS: RSE. SOUTHEAST CORNER OF

SW1/4, SW1/4 OF
SEC.3, T.2 S., R.5 E.

APN: 303-28-006J Area: 34,258 square foot or 0.7864 acres

MARICOPA COUNTY

ASSESSOR PARCEL NO. 303-28-003J

PROJECT No. TT0011

RIW AGENT M.C.

ITEM No. D24545 | DATE 09/14/2021 | MARICOPA COUNTY

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