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Maricopa County Department of Transportation Purchase Agreement and Escrow Instructions Title Company Security Title Agency Date April 27, 2020 Address 4722 N 24th Street, Ste. 200 Phone 602-230-6297 City Phoenix, AZ 85016 Fax Escrow Officer Jason Bryant Email jbryant@securitytitle.com Escrow No. 15180269-015 John W. Pearce, successor Trustee of the Thirza H. Pearce 2012 Trust, Dated Apil 11, Grantor: 2012 Phone: 213-798-5486 Contact John Pearce Phone: 562-431-4805 Mailing Address: | 11162 Kensington Road Email wagontrack@gmail.com City, State Zip Los Alamitos, CA 90720 Fax: 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 deposit Charges and Disbursements to be paid from Grantor's funds as follows with the Title Company if escrowed, the purchase price plus all lawful (check all that apply): costs incidental to closing as follows: ; ; Escrow Fees TBD LJ Total Acquisition of Grantor's Property: Full release of all Title Policy Fees TBD 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 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 [ | Mortgage Release I 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 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) S.R.V.W.U.A. of Purchase. The current year's taxes shall not be prorated Taxes - Prorated regardless of the oe date. [J Easement(s): Consent to easement(s) by secured party(ies). Total Other Charges TBD (1 Other Disbursements: | Sub Total Title Report Credit Underlying Fee* $2,724.00 Possession date: Close of escrow: Date of recording: Special Conditions Right of Way Contract Yes No[] Exhibit "B" Total Closing Costs TBD Entry Agreement Yes LJ] | No Total Purchase Price $2,724.00 Addendum attached hereto and made a Yes] | No& 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. Project: 20 Street (Cloud Road to Tamar Road) PCN: _TT0583 Assessor Parcel No.: 211-69-055 Item No _D23656 Right of Way Agent: Wayne Jones Telephone # (602) 506-4747 Page 1 of 3 ‘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 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 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. 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. GRANTOR: John W. Pearce, successor Trustee of the Thirza H. Pearce 2012 Trust, RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED: Dated Apil 11, 2012 MARICOPA COUNTY DEPARTMENT MARICOPA COUNTY BOARD OF =f) — in (Y. Ferm te OF TRANSPORTATION SUPERVISORS John W. Pearce, Successor Trustee Date: \o\ 22 \ ZOZO Real Property Manager Chairman of the Board ATTEST: Date Approved as to form within the powers and authority of the Board of : Clerk of the Board of Supervisors Supervisors Security Title Agency Accepted Date ESCROW OFFICER Deputy County Attorney Date Date RES/KGR Revised 2/3/2017 Page 2 of 3 > EXHIBIT "B" RIGHT OF WAY AGREEMENT Parcel No.: 211-69-055 Project No.: TT0583 Project Name: 20% Street Project Termini: (Cloud Road to Tamat Road) Item No.: D23656 (WJ) 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 agreement. THE COUNTY OF MARICOPA AGREES: To use the real property described herein for the general welfare and benefit of the public. To pay the Grantors the sum of Two Thousand Seven Hundted Twenty-Four and No/100 Dollars ($2,724.00) as payment in full for the real property described herein. That, if in the opinion of the Transportation Director it becomes necessaty, private structures will be relocated in kind to the Grantor’s property, clear of the property described herein, at no expense to the Grantor except as may be herein otherwise agreed. That no costs relating to construction of roadway improvements on Project No. TT0583 will be charged to the Grantor. THE GRANTORS AGREE: 1. To grant a Warranty Deed for the real property desctibed in Exhibit "A" to the County of Maricopa for the general welfare and benefit of the public. 2. To accept the sum of Two Thousand Seven Hundted Twenty-Four and No/100 Dollats ($2,724.00) as payment in full for the property described herein. 3. That the County, or its agents, is hereby granted the right to enter upon the remaining property of the Grantor for the purpose of accomplishing "C " above. Page 3 of 3 Parcel No. 211-69-055 Project No. TT0583 20™ STREET (CLOUD ROAD TO TAMAR RD) Item No. D23656 EXEUBIT “A” LEGAL DESCRIPTION FOR FEE SIMPLE RIGHT OF WAY A parcel of land in the Southeast Quarter of Section-Thitty four, Township Six North, Range Three East of the Gila and Salt River Base and Meridian, and being more particulatly described as follows: Commencing at the South Quarter comer of said Section 34, being a brass cap in a handhole, from which the Southeast comer of said Section 34, a brass cap in a handhole, beats South 89°53°54” East, for a distance of 2650.63 feet, and from which the Center of said Section 34, a 3/4" forming pin, bears North 00°03'40"East, for a distance of 2605.93 feet; thence along the midsection line of said Section 34 North 00°03'40" East, for a distance of 298.69 feet to the Point of Beginning; thence continuing along said midsection line North 00°03'40" East, for a distance of 329.61 feets. thence departing said midsection line South 89°54'13" East, for a distance of 50.00 feet to a point ona line parallel with and 50.00 feet easterly of said midsection line; thence along said parallel line South 00°03'40" West, for a distance of 329.61 feet; thence departing said parallel line North 89°54'28" West, for a distance of 50,00 feet to the Point of Beginning The above described parcel contains 16,480 square feet or 0.3783 acres, mote or less, MARICOPA COUNTY Prelim: 09/01/2019 [ chic JA | appr:jy) 127-2 0¢4 Rev: Maricopa County Real Estate Department GRANTOR—2¢>__—idDATE_ 6-2 3_20 EXHIBIT “A” Page 1 of J | | 211-69-054D 9 ae) ig NTS, 8 N WU S a w% 5 8 | NO. [BEARING |LENGTH s LT IN 00°%O340"E | 208,604 cy iy THIRZAH PEARCE 12 NovUsa0E | sa5eT bE | 2012 TRUST C) i 7 211-69-055 [3 |S 60°43" | 50.00 r L4__|s 000340" Ww| 329.61) 5 L5__IN sa°54'28"w]} 50.00" S L5 POB > a | STATE LAND TRUST cae | Qi =) | Tew REE IN $89°53'5AE SEC LN 2650.63" E CLOUD RD Total Req'd. R/W Area; 16,480 square foot or 0.3783 acres MARIGOPA COUNTY REAL ESTATE DEPARTMENT TT0583 20th Street - Cloud Road to Tamar Rd PROJECT No, TT0583 | ITEM No. D23656 | DATE 09/01/2019 | MARICOPA COUNTY RIW AGENT W.J.