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Maricopa County Purchase Agreement and Escrow Instructions Title Company Security Title Agency Date April 11, 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. 15201106-015-JB6-SW Grantor: Lee and Peggy Walters Family trust, dated June 2, 2022 Contact Lee E. Walters and Peggy L. Walters, as Trustees Phone: 602-524-7791 Mailing Address: 41430 North Kachina Road Email LEE, WALTERS@LIVE.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 | [1_ Total Acquisition of Grantor's Property: Full release of all Escrow Fees TBD Title Policy Fees TBD 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 | TBD 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 C1 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 | TBD 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 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.U.A. regardless of the closing date. Taxes -Prorated IX] Easements: Consent to easements by secured parties. Total Other Charges | TBD 14 Sub Total | TBD [1 Other Disbursements: | Purchase Costs: Slope Easement* $ 739.00 11 Improvements* $2,051.00 10 TCE** $ 500.00 12 Total Purchase Price | $3,290.00 Total Escrow & Title Costs TBD 14 Total Compensation $3,290.00 TOTAL WARRANT** TBD *Escrow and title policy fees based on this amount only. **Sum of "Total Closing Costs" and "Total Compensation" only. Project Name: Tonto Hills Low Volume Roads Project Number: | TT0609 Assessor Parcel No.: 219-12-191 Item No. D24335 Right of Way Agent: Luis Alonzo Telephone # 602-653-5998 Page 1 of 8 The GRANTORS and GRANTEE, having executed a conveyance of certain real property rights as described and depicted in the Exhibits “A-1”, “B- 1”, “B-2”, “C-1", “C-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 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 GRANTORS accepts the payment in full for the property described herein: e Improvements located on the property the amount of Two Thousand Fifty-One and No/100 Dollars ($2,051.00) described and depicted in Exhibit “A-1”. ¢ Slope Easement in the amount of Seven Hundred Thirty-Nine and No/100 Dollars ($739.00) described and depicted in Exhibit “B-1” and “B-2”. e Temporary Construction Easement in the amount of Five Hundred and No/100 Dollars ($500.00) described and depicted in Exhibit “C-1” and C-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 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 8 GRANTOR: Lee E. Walters and Peggy L. Walters, as Trustees of the Lee and Peggy Walters Family trust, dated June 2, 2022 Zia § ote By: Lee E. Walters, as Trustee 4/17/2024 Date Gaga A bull By: Peggy 1? Walters, as Trustee 4/17/2024 Date RECOMMENDED FOR APPROVAL: MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION DocuSigned by: Juwanifer Rodrigues ACCEPTED AND APPROVED: MARICOPA COUNTY BOARD OF SUPERVISORS Right of Way Supervisor 4/18/2024 Date Approved as to form within the powers and authority of the Board of Supervisors 4/19/2024 Chairman of the Board ATTEST: Clerk of the Board of Supervisors omey Date Page 3 of 8 Date EXHIBIT "A" Parcel No. 219-12-191 Item No. D24335 (LA) Site Improvements Within Existing ROW: 16 tons of aggregate base driveway @ $34.99 per ton= $ 559.84 3 tons decorative rock — rip rap @ $99.55 per ton= $ 298.65 5 decorative rock boulders @ $80.00 each= $ 400.00 Miscellaneous vegetation= : $ 900.00 Replacement Cost New= $2,158.49 Less 5% estimated depreciation= ; ($-107.92) Site Improvement Total= (rounded) $2,051.00 Page 4 of 8 Exhibit “B-1” “Parcel No. 219-12-191 Project No. TT0609 TONTO HILLS LVR Item No. D24335-SE Legal Description For Slope Easement That portion of the Southwest quarter of Section 15, Township 6 North, Range 5 East of the Gila and Salt River Meridian, Maricopa County, Arizona, described as follows: BEGINNING at the Northeast corner of Lot 191 of Tonto Hills, Book 93, page 5 M.C.R. thence South 18 degrees 39 minutes 51 seconds West, 43.68 feet along the East Line of Lot-191; thence North 71 degrees 20 minutes 09 seconds West, 10.00 feet; thence North 18 degrees 39 minutes 51 seconds East, 43.68 feet to a point lying on the North Line of Lot 191; thence South 71 degrees 20 minutes 00 seconds East, 10.00 feet along said the North Line to the POINT OF BEGINNING. The above described parcel contains 436 square feet or 0.010 acres, more or less, and is depicted on the attached Exhibit “B”. . Professional Land Surveyor AZ No. 19817 ; Digitally signed Jim bysim Crume - - C Date: 2021.08:10 MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION FUME 08:06:51 -0700 Agent: J. Crume Project No. TTO609. Chk: J. Crume . Electronic Seal Tech: B.Crume _ . https://btr.az.gov/ Prepared by: Cooper Aerial Surveys Company Page 5 of 8 Exhibit "B-2" APN:219-12-190 D24335-SE Not to Scale POB LOT 191 OF TONTO HILLS BOOK 93 PAGE 05 M.C.R. Walters, Lee/Peggy Trust APN: 219-12-191 & = & SS = APN:219-12—192 LINE TABLE LINE | BEARING | LENGTH L1. | $18°39'51’w | 43.68" L2 | N71°20'09"W | 10.00” L3. | N18'39°51"E | 43.68” , Page 6 of g ~L4 | $71'20°00"E | 10.00” Professional Land . Surveyor AZ No. D24335-SE Area: 436 square feet or 0.010 acres SHT 4 of 4 19817 MARICOPA COUNTY TONTO HILLS LVR PROJECT No. TT0609 —_| Agent: J. Crume . Prepared by. at SURVEYS COMPANY nite ye Seal ITEM No. D24335-SE _ | Tech:B, Crume Checked: J.Crume | Date: 07/26/2024 ps: //otr.az.gov/ Exhibit “C-1” Parcel No. 219-12-191 Project No. TT0609 TONTO HILLS LVR Item No. D24335-TCE Legal Description For Temporary Construction Easement That portion of the Southwest quarter of Section 15, Township 6 North, Range 5 East of the Gila and Salt River Meridian, Maricopa County, Arizona, described as follows: BEGINNING at the Southeast corner of Lot 191 of Tonto Hills, Book 93, page 5 M.C.R. thence North 71 degrees 20 minutes 00 seconds West, 5.00 feet along the South Line of Lot 191; thence North 18 degrees 39 minutes 51 seconds East, 99.76 feet; thence South 71 degrees 20 minutes 09 seconds East, 5.00 feet to a point lying on the East Line; thence South 18 degrees 39 minutes 51 seconds West, 99.76 feet along the East Line of Lot 191 to the POINT OF BEGINNING. The above described parcel contains 496 square feet or 0.011 acres, more or less, and is depicted on the attached Exhibit “B”. Professional Land Surveyor AZ No. 19817 Ji m Digitally signed by Jim Crume - Date: 2021.08.10 MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION Crume ceior1-o700 Agent: J. Crume Project No. TTO609 Chk: J. Crume Electronic Seal Tech: B. Crume https://btr.az.gov/ Prepared by: Cooper Aerial Surveys. Company Page 7 of 8 Exhibit "C-2" APN:219-12-190 Walters, Lee/Peggy TR LOT 191 OF TONTO HILLS BOOK 93 PAGE 05 M.C.R. APN: 219-12-191 N D24335-TCE APN:219-12—199 POB LINE TABLE LINE | BEARING | LENGTH Lt | N71'20°00"W | 5.00’ L2 | N18°39'51"E | 99.76’ L3 | $71'20’09"E | 5.00’ L4 | $18°39°51"W | 99.76" D24335-TCE Area: 496 square feet or 0.011 acres SHT-1 of 4 Not to Scale Page g of g MARICOPA COUNTY TONTO HILLS LVR Prepared by: ~ PROJECT No. TT0609 COOPER AERIAL SURVEYS COMPANY Agent: J. Crume ITEM No, D24335-TCE | Tech: B. Crume Checked: J. Crume Date: 07/26/2021 Professional Land Surveyor AZ No. 19817 Electronic Seal https: //btr.az.gov/