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Maricopa County Department of Transportation Dedication Putchase Agteement and Escrow Instructions Title Company Security Title Agency, Inc. Date September 29, 2020 Address 4722 N, 24% St, Ste. 200 Phone 602-266-0642 City, State, Zip Phoenix, AZ_ 85016 Fax 602-230-6268 Sai aleanu@sccuritytitl Escrow Officer Sarah Baleanu Email g£.com Escrow No. 15200190-015-SB6-SW Grantor: Red Moon Development & Construction, Inc. Phone: | 480-947-9253 Contact: Russell Skuse (801-763-5299) Cell: Mailing Address: | 6589 S. Kinps Ranch Blvd., #103] Box 6 Email: | Bwoodruff01@gmail.com City, State, Zip Gold Canyon, AZ 85118 Fax: Gmatee: Maricopa County, a political subdivision of the State of Adzona Mailing Address: | Maricopa County Real Estate Department, 2801 W. Durango Street, Phoenix, Arizona 85009 MARICOPA COUNTY shall pay dicectly to the Grantor, or deposit with the Title Company if esccowed, the purchase price plus all lawful costs incidental to closing as follows: Charges and Disbursements to be paid from Grantor's funds as follows (check all that apply): Escrow Fees (1 Total Acquisition of Grantor's Property: Full release of all Title Policy Fees ‘monetary liens and encumbrances, and leases of any kind. Pay in full all due and delinquent real property taxes and general and special improvement assessments. Prorate the Total Escrow & Title Fees 0.00 current year's real property taxes on closings that occur on or ‘ Aftec the 3rd Monday of August each year. Esccow 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 Mortgage Release EX] Partial Acquisition of Grantor's Property: Partial release of all Release of Lease monetary lieas and eacumbrances, and leases of any kind. At the discretion of Maricopa County, pay dué and delinquent ‘Total Recording Fees property taxes and general and special improvement assessments, including full payment of taxes and Othec Chacges: assessments on individual assessor parcels within the Release Fees Maricopa County's pactial acquisition, and any Cectificate(s) S.R.V.W.ULA, of Purchase, The current year's taxes shall not be prorated ‘Taxes -Prorated segardless of the closing date. C1 Easement(s): Consent to easement(s) by secured party (ies). ‘Total Other Charges C1 Other Disbursements: | Sub Total 0.00 Tide Report Credit Land & Improvements* $10.00 Possession date: Upon Signature Severance Damages Close of escrow: TCE Date of recording: Cost to Cure Special Conditions Right of Way Contract Yes K] [ Nol] Exhibit "B" Total Closing Costs*#* 0.00 Entry Agreement Yes No Total Purchase Price $10.00 Addendum attached hereto and made a Yes No TOTAL WARRANT** $10.00 part hereof *Escrow and title policy fees based on this amount only. Sum of "Total Purchase Price" only. ase All Closing Costs to be paid by Seller. Project: SE corner of 339% Ave., & Van Buren St. PCN: Assessor Parcel Nos.: 504-13-001C Ttem No | DD-10884 Right of Way Agent: Kevin Swinehart Telephone # | (602) 506-4893 The GRANTOR, having executed a conveyance of certain real property rights to the GRANTEE as described in the Zxhibit(g) attached hereto and made a pact 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 transfecred upon execution of the conveyance by the MARICOPA COUNTY BOARD OF SUPERVISORS. The Esccow 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 esccowed funds in escrow account and disburse same by check; pay eacumbrances in accordance with this agreement; prorate all agreed items; cecord such esccowed 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 Ageat or MARICOPA COUNTY - Real Estate Division will be fucaished a copy of the Grantor’s closing statement with the following certification signed by an authorized officer: “This is to certify this is 2 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. ‘The property owner will pay the costs of the owner’s title insurance policy; fees associated with leader 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 esccow and/or title insucance. Upon such waiver, the references to Title Company, Escrow Agent and title insurance herein are not applicable. ‘The property owner/applicant is cesponsible 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 deliveced directly to MARICOPA COUNTY and pryment 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 expressed herein is likewise; 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. If MARICOPA COUNTY is acquicing only a portion of Geantor’s property, then Grantor grants to MARICOPA COUNTY, its agents, employees and contractors, the right to enter Grantor’s remaining property as necessary for utility reconnection, driveway ceconncction and to facilitate construction on adjacent County owned right of way, if required. MARICOPA COUNTY shall be responsible to the exteat 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. It is further understood and agreed that this temporary right will expice and terminate thirty (30) days after completion of the above referenced project. GRANTOR: Red Maca Developaleat & RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED: Construction, Inc., an Arizona corpaqration By: MARICOPA COUNTY DEPARTMENT MARICOPA COUNTY BOARD OF 4. Tts:__Uve] OF TRANSPORTATION SUPERVISORS By: Its: Real Property Managec Chairman of the Board ATTEST; Date. Approved as to form within the powers and authority of the Board of Cleck of the Board of Supervisors Supervisors Accepted Date ESCROW OFFICER Deputy County Attorney Date Date KGR Revised 4/11/2018 Exhibit “B” RIGHT OF WAY AGREEMENT Parcel Nos.: 504-13-001C Project No.: TT0008 SE corner of 339" Ave., & W. Van Buren St. Item No.: DD-10884 (KS) — Z2019098, 22019099, Z2019100 WHEREAS in consideration hereinafter set forth, it is agreed, that this instrument contains the entite agreement between the Grantor and Maticopa County, No further consideration is being paid than described in this contract. THE COUNTY OF MARICOPA AGREES: A. To use the real property described in Exhibit "A", Exhibit “B”, and Exhibit “C” for the general welfare and B. benefit of the public. To pay the Grantor the sum TEN and no/100 dollats ($10.00) as payment in full for the property described hetein. That, if in the opinion of the Transpottation Director it becomes necessary, private sttuctures will be relocated in kind to the Grantot's property, clear of the property described herein, at no expense to the County. THE GRANTOR AGREES; 1. To grant a Warranty Deed for the zeal property desctibed in Exhibit "A", Exhibit “B”, and Exhibit “C” to the County of Maricopa for the general welfare and benefit of the public. To accept the sum of TEN and no/100 dollars ($10.00) as payment in full for the property described herein. That acceptance of this property in no way obligates Maricopa County to consttuct ot maintain a roadway within the Right of Way granted by this document. To be responsible for maintenance of the dedicated right of way until such time if and when a roadway is built, to minimum county standaids, and the toadway is open and declared into the Maricopa County Transportation System.