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Maricopa County Purchase Agreement and Escrow Instructions Title Company Security Title Agency Date April 26, 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. 15211009-015-JB6-SW Stanley Vincent Pierce and Kathryn Anne Pierce, as trustees, and their Grantor successors in trust, under the Pierce Living Trust, dated June 20, 2007 Contact Stanley Vincent Pierce and Kathryn Anne Pierce Phone: 602-386-6952 Mailing Address 5739 East Ludlow Drive Email AVE938@OUTLOOK.COM. City, State Zip Scottsdale, AZ 85254 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 & Title Fees: I | Escrow Fees $585.00 L1_ Total Acquisition of Grantor's Property: Full release of all Title Policy Fees $696.00 monetary liens and encumbrances, and leases of any kind. Title Report $ 0.00 Pay in full all due and delinquent real property taxes and Title Report Credit $ 0.00 general and special improvement assessments. Prorate the Total Escrow & Title Fees | $ 1,281.00 | 14 cutrent 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 Total Recording Fees | $ 0.00 | 14 L]_ Partial Acquisition of Grantor's Property: Partial release of all monetary liens and encumbrances, and leases of any kind. Other Charges: At the discretion of Maricopa County, pay due and delinquent Release Fees $ 0.00 property taxes and general and special improvement Consent Fees g 0.00 assessments, including full payment of taxes and S.R.V.W.UA. $ 0.00 assessments on individual assessor parcels within Taxes -Prorated $ 0.00 Maricopa County's partial acquisition, and any Certificate(s) Total Other Charges | $ 0.00 | 14 of Purchase, The current year's taxes shall not be prorated Sub Total | $ 1,281.00 regardless of the closing date, Compensation: Easement: Consent to easement by secured parties. Slope Easements* $1,215.00 WW Other Disbursements: Total Purchase Price | $ 1,215.00 |. Total Escrow & Title Costs $4,285.00 | 14 Total Compensation $ 1,215.00 TOTAL WARRANT** - $2,496.00 *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.: 219-12-042 Item No. D24489 Right of Way Agent: Luis Alonzo Telephone # 602-653-5998 Page 1 of 5 The GRANTORS and GRANTEE, having executed a conveyance of certain real property rights as described and depicted in the Exhibits “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 GRANTORS’ 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 GRANTORS’ 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 GRANTORS accept the payment in full for the property described herein: ¢ — Slope Easement in the amount of One Thousand Two Hundred Fifteen and No/100 Dollars ($1,215.00) described and depicted in Exhibits “A-1”, “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 GRANTORS’ 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 GRANTORS' 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 subjéct 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 5 GRANTORS: Stanley Vincent Pierce and Kathryn Anne Pierce, as trustees, and their successors in trust, under the Pierce Living Trust, dated June 20, 2007 ‘DocuSlgned by: [ stanley Pierre By: Sinley Vincent Pierce, as Trustee 5/1/2024 Date Doousianed by: By: ie Pierce, as Trustee 5/1/2024 Date \ RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED: MARICOPA COUNTY DEPARTMENT MARICOPA COUNTY BOARD OF OF TRANSPORTATION SUPERVISORS ‘DocuSigned by: ight of Way Supervisor Chairman of the Board 5/2/2024 Date ATTEST: Approved as to form within the powers and authority of the Board of Supervisors DocuSigned by: Waynr Pde 5/2/2024 Clerk of the Board of Supervisors “Deputy County Attorney Date Page 3 of 5 Date Exhibit “A-1” Parcel No. 219-12-042 Project No. TT0609 TONTO HILLS LVR Item No. D24489-SE Legal Description For Slope Easement That portion of the Southeast quarter of Section 10, Township 6 North, Range’5 East of the Gila and Salt River Meridian, Maricopa County, Arizona, described as follows: COMMENCING at the Northeast corner of Lot 42 of Tonto Hills, Book 93, page 5 M.C.R. thence South 19 degrees 53 minutes 53 seconds West, 48.69 feet along the East line of said Lot 42 to the POINT OF BEGINNING; thence South 19 degrees 53 minutes 53 seconds West, 65.58 feet along said East line; thence North 70 degrees 06 minutes 07 seconds West, 10.00 feet; thence North 19 degrees 53 minutes 53 seconds East, 65.58 feet; thence South 70 degrees 06 minutes 07 seconds East, 10.00 feet to the POINT OF BEGINNING. The above described parcel contains 656 square feet or 0.0451 acres, more or less, and is depicted on the attached Exhibit “B”. Professional Land Surveyor AZ No. 19817 J im Digitally signed by Jim Crume Date: 2021.07.22 MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION Crume 28726-0700 Agent: J. Crume Project No. TT0609 Chk: J. Crume Electronic Seal Tech: B. Crume https://btr.az.gov/ Prepared by: Cooper Aerial Surveys Company Page 4 of 5 APN:219-12—-055 Exhibit "A-2" PIERCE STANLEY VINCENT/KATHRYN ANNE TR APN: 219-12-042 APN.5 19. ; D24489-SE LOT 42 OF TONTO HILLS BOOK 93 PAGE 05 M.C.R. 204, LINE TABLE LINE | BEARING | LENGTH Lt | $19°53'53"W | 48.69" L2 | $19°53'53°W | 65.58" L3_ | N70°06’07"W | 10.00’ L4 | N19°53'53"E | 65.58" L5 | $70°06'07"E | 10.00’ D24489-SE Area: 656 square feet or 0.0151 acres SHT 1 of 1 Not to Scale POC POB Page 5 of 5 MARICOPA COUNTY TONTO HILLS LVR PROJECT No. TT0609 =| Agent: J. Crume Prepared by: COOPER AERIAL SURVEYS COMPANY ITEM No. D24489-SE Tech: B, Crume Checked: J. Crume Date: 07/22/2021 Professional Land Surveyor AZ No. : 19817 Digitally signed Jim by Jim Crume Date: C rume 2221.07.22 12:37:59 -07'00" Electronic Seal. https: //btr.az.gov/