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Maricopa County Purchase Agreement and Escrow Instructions Title Company Security Title Agency Date March 25, 2024 Address 2415 East Camelback Road, Suite 200 Phone 602-230-6224 City Phoenix, AZ 85016 Fax 602-926-0452 Escrow Officer Jason Bryant Email jbryant@securitytitle.com Escrow No. 15210494 -015-JB6-SW Samuel W. Gibbs and Maggie L. Gibbs, Trustees of The Samuel W. and Maggie Grantor: L. Gibbs Living Trust Dated June.16, 2022 Phone 602-738-0079 Contact Samuel W. Gibbs and Maggie L. Gibbs Email Sam.gibbs@mac.com Mailing Address: 11426 E. Cottontail Road Email maggielsibbs@email.com City, State Zip Cave Creek, AZ 85331 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 Escrow Fees $696.00 L] 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 14 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 the lien of the current year's taxes in full. Release of Lease [ L] 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 N/A. property taxes and general and special improvement assessments, including full payment of taxes and Other Charges: assessments on individual assessor parcels within Release Fees Maricopa County's partial acquisition, and any Certificate(s) Consent Fees of Purchase. The current year's taxes shall not be prorated S.R.V.W.ULA. ' regardless of the closing date. Taxes -Prorated [ Dx] Easement: Consent to easement by secured party. Total Other Charges TBD 14 L] Other Disbursements: | Sub Total $1,281.00 Slope Easement $3,430.00 11 Total Purchase Price $3,430.00 Total Escrow & Title Costs $1,281.00 14 Total Compensation (minus any funds paid outside of escrow) $3,430.00 TOTAL WARRANT#* $4,711.00 *Escrow and title policy fees based on this amount only. **Sum of "Total Closing Costs" and "Total Compensation" only. Project Name: Tonto Hills Low Volume Roads Project Number; | TT0609 Assessor Parcel No.: 219-12-077 Item No. D24420 Right of Way Agent: Wayne Jones Telephone # 602-509-4747 Page 1 of 6 The GRANTOR and GRANTEE, having executed a conveyance of certain real property rights as described and depicted in the Exhihit “4-1”, “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 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 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 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: e Slope Easement in the amount of Three Thousand Four Hundred Thirty and No/100 Dollars ($3,430.00) described and depicted in Exhibit A-1 and A-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 GRANTORS except as may be herein otherwise agreed. With respect to the development/redevelopment of the property prior to construction of project TT0609, 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 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. 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. Page 2 of 6 GRANTORS: Samuel W. Gibbs and Maggie L. Gibbs, Trustees of The Samuel W. and Maggie L. Gibbs Living Trust Dated June 16, 2022. [A cme GEEA49EBC3ASF4EZ... ry Samuer w. Gibbs, 1tustee (signature) 7/2/2024 Date DocuSigned by: MoDAasg - 04437F0C42BC416... > Maggie L. Gibbs, Trustee (signature) 7/2/2024 RECOMMENDED FOR APPROVAL: MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION DocuSigned by: Junnifur Rodrigues SAAZBEDEDECEAIE. ACCEPTED AND APPROVED: MARICOPA COUNTY BOARD OF SUPERVISORS Right of Way Supervisor 7/8/2024 Date ce Pet Date Approved as to form within the powers and authority of the Board of Supervisors DocuSigned by: 7/9/2024 Chairman of the Board of Supervisors Date: ATTEST: Clerk of the Board of Supervisors Deputy County Attomey Date Page 3 of 6 Date Exhibit “A-1” Parcel No. 219-12-077 Project No. TT0609 TONTO HILLS LVR Item No. D24420-SE Legal Description For Slope Easement That portion of the Southwest quarter of Section 10, Township 6 North, Range 5 East of the Gila and Salt River Meridian, Maricopa County, Arizona, described as follows: BEGINNING at the Northwest corner of Lot 77 of Tonto Hills, Book 93, page 5 M.C.R. thence South 65 degrees 10 minutes 06 seconds East, 111.41 feet along the North line of said Lot 77 to the beginning of a non-tangent curve, concave Northeast, from which the radius point bears North 24 degrees 52 minutes 34 seconds East a distance of 530.00 feet; thence Southeasterly 122.23 feet along said North line, along the are of said curve to the left through a central angle of 13 degrees 12 minutes 50 seconds to the Northeast corner of said Lot 77; thence on a non-tangent line South 11 degrees 40 minutes 00 seconds West, 14.85 feet.along the East line of said Lot 77; thence North 76 degrees 14 minutes 57 seconds West, 43.54 feet; thence North 49 degrees 54 minutes 39 seconds West, 17.93 feet to the beginning of a non-tangent curve, concave Northeast, from which the radius point bears North 17 degrees 59 minutes 17 seconds East a distance of 538.00 feet; thence Northwesterly 64.26 feet along the arc of said curve to the right through a central angle of 6 degrees 50 minutes 37 seconds; thence North 65 degrees 10 minutes 06 seconds West, 111.85 feet to a point that lies on the West line of said Lot 77; Professional Land Surveyor AZ No. 19817 J i m Digitally signed Date 202110810 MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION Crumeiiszse-cro0 Agent: J. Crume Project No. TTQ609 Chk: J. Crume Electronic Seal Tech: B. Crume https://btr.az.gov/ Prepared by: Cooper Aerial Surveys Company Page.4 of 6 thence North 25 degrees 00 minutes 00 seconds East, 8.00 feet along said North line to the POINT OF BEGINNING. The above described parcel contains 2220 square feet or 0.0510 acres, more or less, and is depicted on the attached Exhibit “A-2”. MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION Agent: J. Crume Project No. TTO609 Chk: J. Crume Tech: B. Crume Prepared by: Cooper Aerial Surveys Company Professional Land Surveyor AZ No. 19817 J i m Digitally signed by Jim Crume Date: 2021.08.10 Crume tise3-0700 Electronic Seal https://btr.az.gov/ Page 5 of 6 Exhibit “A-2” POB Cay APN:219-12-076 LOT 77 OF TONTO HILLS BOOK 93 PAGE 05 M.C.R. SAMUEL W. GIBBS AND MAGGIE L. GIBBS LIVING TRUST APN: 219-12-077 a7 . Was,, ko Not to Scale APN:219—12-078 LINE TABLE LINE BEARING LENGTH L1 | $6510’06"E | 111.41’ L2 | $11°40°00°W | 14.85° L3. | N76%4'57"W | 43.54 CURVE TABLE L4 | N49°54’39"W | 17.93" CURVE | LENGTH | RADIUS | DELTA. | TANGENT ) CHORD | CHORD BRG L5 | N65%0'06"W | 111.85" C1 122.23' | 530.00" | 1312'50” 61.39 | 121.96" | $71°43°52°E L6 | N25‘00’00"E | 8.00’ C2 64.26 | 538,00' | 6°50°37” 32.17 | 64.22’ | N68°35'24°W Page 6 of 6 Professional Land Surveyor AZ No. D24420-SE Area: 2220 square feet or 0.0510 acres SHT 1 of 1 19817 . . Digitally signed MARICOPA COUNTY JIM bysimcrume ate: TONTO HILLS LVR Crume 2021.08.10 Prepared by: PROJECT No. TT0609 | Agent: J. Crume COOPER AERIAL SURVEYS COMPANY ITEM No. D24420-SE Tech: B, Crume Checked: J. Crume Date: 08/10/2021 Electronic Seal https: //btr.az.gov/