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Maricopa County Purchase Agreement and Escrow Instructions Title Company Security title Agency, Inc Date August 22, 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. 15210853 -015-JB6-SW Grantor: Richard Snapp, Trustee of The RMK#1 Trust Dated October 29, 2020 Phone: 602-330-4398 Contact Richard Snapp Email ri¢_snapp@yahoo.com Mailing Address: 8756 West Windsor Drive City, State Zip Peoria, AZ 85381 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 Sub- Charges and Disbursements to be paid from Grantor's funds as deposit with the Title Company if escrowed, the purchase price Object | follows (check all that apply): plus all lawful costs incidental to closing as follows: Code I Escrow Fees $689.00 LJ 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 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 44 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 KX] 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.ULA, $ 0.00 regardless of the closing date. Taxes -Prorated $ 0.00 | [] Easement: Consent to casement by secured party. Total Other Charges TBD 14 L]_ Other Disbursements: [ Sub Total TBD *Land $ 8,250.00 11 Improvements $ 4,275.00 10 Cost to Restore $ 1,380.00 10 Total Purchase Price $13,905.00 Total Escrow & Title Costs $ 1,281.00 14 Total Compensation (minus any funds paid outside of escrow) $13,905.00 TOTAL WARRANT** TBD *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.: 503-47-001-H Item No. D24533 Right of Way Agent: Dante Olono Telephone # 602-506-6792 Page 1 of 6 The GRANTOR and GRANTEE, having executed a conveyance of improvements, cost to restore and certain real property rights as described and depicted in the Exhibits “A-1”, “B-I” and “B-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: « Improvements located on the property in the amount of Four Thousand Two Hundred Seventy-Five and No/100 Dollars ($4,275.00) and broken out as follows in Exhibit “A-1”. ¢ Cost to restore reestablishment of depreciated improvements located on the property in the amount of One Thousand Three Hundred Eighty and No/100 Dollars ($1,380.00) and broken out as follows in Exhibit “A-1”. ¢ Real property in the amount of Eight Thousand ‘Two Hundred Fifty and No/100 Dollars ($8,250.00) described and depicted in Exhibit “B-1” and “B-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 2 of 6 It is further agreed 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 administrative proceeding. GRANTOR: Richard Snapp, Trustee of The RMK#1 Trust Dated October 29, 2020 RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED: (rear Swapp SCSREABKRGSIAS MARICOPA COUNTY DEPARTMENT. MARICOPA COUNTY BOARD OF OF TRANSPORTATION SUPERVISORS Richard Snapp, Trustee 9/9/2024 Date ( jnnifr folriuy Right of Way Supervisor Chairman of the Board 9/11/2024 Daie Date ATTEST: Approved as to form within the powers and authority of the Board of Clerk of the Board of Supervisors Supervisors DocuSigned by: Wayur Pedks 12/2024 Deputy County Attorney Date Date Page 3 of 6 EXHIBIT "A-1” Parcel No. 503-47-001-H Item No. D24533 (DO) Site Improvements: 146 LF of six-foot-tall chain link fencing @ $22.50 per LF= $ 3,285.00 2 six feet tall — five-foot-wide chain link gates @ $495 per gate=_$ 990.00 Site Improvements Total = $ 4,275.00 Cost to Restore: 140 LF of six-foot-tall chain link fencing @ $7.50 per LF= $ 1,050.00 2 six feet tall — five-foot-wide gates @ $165 per gate= $330.00 Total= $ 1,380.00 Page 4 of 6 Exhibit “B-1” Parcel No. 503-47-001H Project No. TT0606 Peak View LVR Item No. D24533 LEGAL DESCRIPTION FOR FEE SIMPLE RIGHT OF WAY The East 25 feet of the property as described in the Warranty Deed recorded as instrument 2022-0293045 on file with the Maricopa County Recorder’s Office and lying in the Southwest quarter of the Northeast quarter of Section 30, Township 5 North, Range 2 West of the Gila and Salt River Base and Meridian, and being more particularly described as follows: Commencing at the East quarter corner of said Section 30, being a 2-inch Maricopa County aluminum cap marked “TSN R2W 1/4 $30 S29 2002 RLS 21782” from which the Northeast corner of said Section 30, being a 3-inch Maricopa County brass cap marked “SN R2W S19 $20 $29 $30 2002 RLS 21782” bears North 00°15'53” East, for a distance of 2642.08 feet; Thence along the East-West mid-section line of said Section 30, North 89°43°35” West, for a distance of 1319.97 feet to the Center-East 1/16 corner of said Section 30, being a %4-inch rebar with a yellow plastic cap marked “Barnett 50618”. Thence North 00°14'30" East, for a distance of 330.39 feet to the Point of Beginning; Thence North 89°42'S1" West, for a distance of 25.00 feet; Thence North 00°14'30" East, for a distance of 150.00 feet; Thence South 89°42'51" East, for a distance of 25.00 feet; Thence South 00°14'30" West, for a distance of 150.00 feet to the Point of Beginning. The above described parcel contains 3,750 square feet or 0.0861 acres, more or less, and is depicted on attached Exhibit "B-2". MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION Prelim: 03/19/2024 HP | Chk: Appr: Rev: Maricopa County Real Estate Department Page 5 of 6 EXHIBIT "B-2" 503-47-001J L4 Not to Scale Kole | D24533 Ge) % RMK 1 TRUST pessso—~ We . 503-47-001H oe 9 w Ww 2022-0293045 503-47-023Y wl 51a 1} pe 3/8 t—~ P,O.B. Ss ql = r2 |W Ss z | | : = ~47-125 io) 503-47-001G jz 5903-47-12 im w So N P.O.C. A a PEAK VIEW RD N 89°43'35"W 1319.97' \ MID-SEC. LINE 45H <5 “ZN is, Ran Ran NO. BEARING LENGTH C L4 N.00°14'30"E_| 330.39" am L2 N 89°42'51" W_| 25,00" L3 N_.00°14'30" E_|_ 150.00" L4 S$ 89°42'51" E 25,00" L5 S$ 00°14'30" W_|_ 150.00" D24533 Area: 3,750 square foot or 0.0861 acres MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION PEAK VIEW LVR PROJECT No, TTO606 ITEM No. D24533 DATE 03/26/2024 R.E.D, HP RIW AGENT MM. Page 6 of 6