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HomeMy WebLinkAboutProperty #: C-8839 - 3/25/2014 C-8839 03/25/2014 CITY OF GLENDALE, ARIZONA PURCHASE AGREEMENT AND ESCROW INSTRUCTIONS (Northern Parkway II, Dysart Road to 111th Avenue) (PLEASE DO NOT REMOVE - THIS IS PART OF THE OFFICIAL DOCUMENT) A4 °7 ��aa Maricopa County Department of Transportation 1 Purchase Agreement and Escrow Instructions Title Company DHI Title Agency Date 11/21/13 Address 7025 W. Bell Rd., Suite 2 Phone 623-878-8600 City Glendale,AZ 85308 Fax 623-878-8617 Escrow Officer Sheryl Edwards Escrow No. 295-110400085-013&295-110400090-013 Grantor: City of Glendale, Robert Darr Phone: (623)930-2940 Address: 5800 W. Glendale Ave., Suite 315 Phone: City Glendale,AZ 85301 Fax: Grantee: Maricopa County, a political subdivision of the State of Arizona Mailing Address Maricopa County Department of Transportation Public Works Land&Right of Way Division, 2901 W. Durango Street, Phoenix,Arizona 85009 MARICOPA COUNTY shall pay directly to the Grantor, or Charges and Disbursements to be paid from Grantor's funds as deposit with the Title Company if escrowed,the purchase price follows (check all that apply): plus all lawful costs incidental to closing as follows: Escrow Fees 0 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 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 ❑ 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 property taxes and general and special improvement assessments, including full payment of taxes and Other Charges: assessments on individual assessor parcels within the 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 closing date. Easement(s): Consent to easement(s)by secured party(ies). Total Other Charges 0 Other Disbursements: Sub Total Title Report Credit Land &Improvements* 115,400.00 Possession date: Severance Damages Close of escrow: TCE Date of recording: Cost to Cure Special Conditions Right of Way Contract Yes 0 No❑ Exhibit"B" Total Closing Costs Entry Agreement Yes 0 No 0 Total Purchase Price 115,400.00 Addendum attached hereto and made a Yes 0 No 0 TOTAL WARRANT** part hereof *Escrow and title policy fees based on this amount only. **Sum of"Total Closing Costs"and "Total Purchase Price"only. The GRANTOR, having executed a conveyance of certain real property rights to the Grantee in a certain conveyance dated described in Exhibit"A"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 upon the acceptance of delivery and possession by its BOARD OF SUPERVISORS. Project: TT344—Northern Parkway(Dysart Road to 111th Avenue) PCN: Assessor Parcel No.: 501-99-004D&142-75-002C Item No D22511 &D22516 Right of Way Agent: Patrick Mertz Telephone# 602 506-4650 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. The Escrow Agent is to withhold$0.00 as a security deposit pending satisfactory delivery of the subject property to MARICOPA COUNTY by the Grantor. Grantor agrees MARICOPA COUNTY may apply the security deposit to payment of any unpaid rents due MARICOPA COUNTY from the Grantor, or to payment for any loss or damage sustained by MARICOPA COUNTY caused by the Grantor after the date of this agreement. MARICOPA COUNTY will make written authorization to the Escrow Agent for disbursement of the security deposit in accordance with this agreement,after acceptance of delivery and possession of the subject property. 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-Public Works Real Estate Division 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 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 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 cost to cure monies have been paid to remove or relocate improvements on the property conveyed,Grantor agrees to remove or relocate such improvements not later than 30 days from the date of payment.Grantor assumes all liability connected with said removal. It is further agreed that upon expiration of the time provided for removal,all improvements remaining partially or wholly upon the lands conveyed shall become the property of MARICOPA COUNTY and all rights of the Grantor to said improvements shall cease and terminate. Grantor shall be liable for the reasonable costs incurred in removing said improvements. License is hereby granted to MARICOPA COUNTY or its agents to enter upon the Grantor's remaining lands where necessary to accomplish the purpose of this agreement. If MARICOPA COUNTY is acquiring only a portion of Grantor'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 reconnection and to facilitate construction on adjacent County owned right of way, if required. 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 understood and agreed that this temporary right will expire and terminate thirty(30)days after completion of the above referenced project. 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: / RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED: �)�/,i MARICOPA COUNTY DEPARTMENT MARICOP• OUNTY Be'RD OF OF TRANSPORTATION SUPER I-s The City of Glendalein Ati/./ Slier Land Acquisition Branch Manager Chairman of the Board 4-/B fQO14 ATTEST: i Date / n// ( L/ Approved as ;form within the /. L r,. ,) powers and J ithorityl the oard of Clerk of the Board of Supervisors cat' �j-� ` '/ Supervisa •E- Ro ///((!..." a 241.147/ /K APR 2 3 203 'a ICER • II- uty County Attorney Date Date GS/CS Revised 10/6/2009 AT EST• Approved as to form r) 1 City Clerk Parcel No. 501-99-004D Project No. TT347 NORTHERN PARKWAY DYSART ROAD TO 111th AVENUE Item No. D22511 DESCRIPTION FOR PROPOSED RIGHT OF WAY A PARCEL OF LAND SITUATED IN A PORTION OF LOT 1 OF SECTION 1, TOWNSHIP 2 NORTH, RANGE 1 WEST OF THE GILA AND SALT RIVER BASE AND MERIDIAN, MARICOPA COUNTY, ARIZONA, BEING A PORTION OF THE PROPERTY DESCRIBED IN INSTRUMENT NO. 1991-0475093 IN THE MARICOPA COUNTY RECORDER'S OFFICE, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHEAST CORNER OF SAID SECTION 1 BEARING SOUTH 89 DEGREES 06 MINUTES 00 SECONDS EAST, A DISTANCE OF 2655.35 FEET FROM THE NORTH QUARTER CORNER OF SAID SECTION 1; THENCE NORTH 89 DEGREES 06 MINUTES 00 SECONDS WEST, ALONG THE NORTH LINE OF SAID SECTION 1, A DISTANCE OF 33.00 FEET; THENCE DEPARTING SAID NORTH LINE, SOUTH 00 DEGREES 09 MINUTES 55 SECONDS WEST, ALONG A LINE PARALLEL WITH AND 33 FEET WEST OF THE EAST LINE OF SAID SECTION 1, A DISTANCE OF 40.00 FEET TO A POINT ON THE SOUTH RIGHT OF WAY LINE OF NORTHERN AVENUE, BEING THE POINT OF BEGINNING; THENCE CONTINUING SOUTH 00 DEGREES 09 MINUTES 55 SECONDS WEST, A DISTANCE OF 10.00 FEET; THENCE NORTH 89 DEGREES 06 MINUTES 00 SECONDS WEST, ALONG A LINE PARALLEL WITH AND 50 FEET SOUTH OF THE NORTH LINE OF SAID SECTION 1, A DISTANCE OF 1294.34 FEET; /. ._ '1'p o Page 1 of 3 ecosluc:: EVE` 14 J�j�_MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION I 1S1• Prelim: Chk: Appr: 9edu SP Rev: -Aires 0313�I1g Maricopa County Public Works Real Estate Division GRANTOR DATE EXHIBIT"A: THENCE NORTH 00 DEGREES 13 MINUTES 07 SECONDS WEST, A DISTANCE OF 10.00 FEET TO A POINT ON THE SOUTH RIGHT OF WAY LINE OF NORTHERN AVENUE; THENCE SOUTH 89 DEGREES 06 MINUTES 00 SECONDS EAST, ALONG SAID RIGHT OF WAY LINE, A DISTANCE OF 1294.40 FEET TO THE POINT OF BEGINNING; THE ABOVE DESCRIBED PARCEL CONTAINS A COMPUTED AREA OF 12,944 SQUARE FEET OR 0.2972 ACRES MORE OR LESS. THE ATTACHED EXHIBIT "B" IS TO BE INCLUDED AND MADE PART OF THIS DESCRIPTION. THERE SHALL BE NO RIGHT OR EASEMENT OF ACCESS EXCEPT EMERGENCY ACCESS TO THE LIMITED ACCESS HIGHWAY "NORTHERN PARKWAY" TO BE CONSTRUCTED OVER AND UPON THE RIGHT OF WAY DESCRIBED ABOVE. Lef( J fri me o C.STEVE c DURVEkao. or • - 8,srte0••' Q,. 40NA 05• 'kPires 030. Page 2 of 3 MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION Prelim: Chk: Appr: Rev: Maricopa County Public Works Real Estate Division GRANTOR DATE EXHIBIT "A: LINE DATA TABLE N NO. BEARING DISTANCE 3 I L1 N89°06'00'W 33.00' MN S00°09'55"W 40.00' L3 S00°09'55"W 10.00' i L4 N89°06'00'W 1294.34' IL5 N00°13'07"W 10.00' J L6 S89°06'00"E 1294.40' NOT TO SCALE 124' li 12 NN POINT OF COMMENCEMENT Mr e •ws. NORTH LINE OF SECTION 1 / BASIS OF BEARINGS .1t; 6 f AL1 — Al 889°06'00T 2655.35' NORTHERN AVENUE L / \ f L4 5POINT OF \ EXISTING ,�f L3 BEGINNING RIGHT OF WAY z \ PROPOSED RIGHT-OF-WAY LINE 33 I- .6- OF"O I- i --V z o Q z 501-99-0040 am—W CITY OF GLENDALE m t ,Z2 n (100 0 11.1 W7 r 11- J EAST LINE OF SECTION 1 /� caw U o¢ k Z1- @k S 2 H r $ LOT 2 LOT 1 j i , y g THIS IS NOT A PROPERTY i BOUNDARY SURVEY. �1i ` EXHIBIT"B" 8ei. �b �( r`E P PARCEL NO, 501-99-004D $ Engineering- NORTHERN Ie` fro , PROPOSED RIGHT-OF-WAY s 31019 NORTHERN PARKWAY 1 7500 .,50 reDrea yDr.womQ°200 C. STEVE DYSART ROAD TO 111TH AVENUE 1 nowt 0m Az0° a DURYEA, JR. r., ITEM NO. 022511 Tal.(607111574355 a tic P m ti}' Project Number s'•nen �1' DATE:NOV2013 Dibble Engineering QR'ZON&, 0.s'" DRN: DBB TT347 8 Project No. 100918 f{a«—„ z��5 CHK: CSD PAGE 3 OF 3. Parcel No. 142-75-002C Project No. 11'347 NORTHERN PARKWAY DYSART ROAD TO 111th AVENUE Item No. D22516 DESCRIPTION FOR PROPOSED RIGHT OF WAY A PARCEL OF LAND SITUATED IN A PORTION OF THE NORTHWEST QUARTER OF SECTION 6, TOWNSHIP 2 NORTH, RANGE 1 EAST OF THE GILA AND SALT RIVER BASE AND MERIDIAN, MARICOPA COUNTY, ARIZONA, BEING A PORTION OF THE PROPERTY DESCRIBED IN LEASE AGREEMENT RECORDED IN DOCKET 10111, PAGE 112 IN THE MARICOPA COUNTY RECORDER'S OFFICE, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTH QUARTER CORNER OF SAID SECTION 6 BEARING NORTH 89 DEGREES 26 MINUTES 00 SECONDS EAST, A DISTANCE OF 2597.64 FEET FROM THE NORTHWEST CORNER OF SAID SECTION 6; THENCE SOUTH 00 DEGREES 19 MINUTES 56 SECONDS WEST, ALONG THE NORTH-SOUTH MID-SECTION LINE OF SAID SECTION 6, A DISTANCE OF 40.00 FEET TO A POINT ON THE SOUTH RIGHT OF WAY LINE OF NORTHERN AVENUE, BEING THE POINT OF BEGINNING; THENCE CONTINUING SOUTH 00 DEGREES 19 MINUTES 56 SECONDS WEST, ALONG SAID MID-SECTION LINE, A DISTANCE OF 10.00 FEET; THENCE DEPARTING SAID MID-SECTION LINE, SOUTH 89 DEGREES 26 MINUTES 00 SECONDS WEST, ALONG A LINE PARALLEL WITH AND 50 FEET SOUTH OF THE NORTH LINE OF SAID SECTION 6, A DISTANCE OF 2564.49 FEET; THENCE NORTH 00 DEGREES 09 MINUTES 55 SECONDS EAST, ALONG A LINE PARALLEL WITH AND 33 FEET EAST OF THE WEST LINE OF SAID SECTION 6, A DISTANCE OF 10.00 FEET; /� 4;44:: �1 Page 1 of 3 MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION / o� IV: : e ka Prelim: Chk: Appr: '4.p s�&""d'• P' ra �• Rev: Crimes 03IS'IN� Maricopa County Public Works Real Estate Division GRANTOR DATE EXHIBIT "A: THENCE NORTH 89 DEGREES 26 MINUTES 00 SECONDS EAST, ALONG SAID RIGHT OF WAY LINE, A DISTANCE OF 2564.52 FEET TO THE POINT OF BEGINNING. THE ABOVE DESCRIBED PARCEL CONTAINS A COMPUTED AREA OF 25,645 SQUARE FEET OR 0.5887 ACRES MORE OR LESS. THE ATTACHED EXHIBIT "B" IS TO BE INCLUDED AND MADE PART OF THIS DESCRIPTION. THERE SHALL BE NO RIGHT OR EASEMENT OF ACCESS EXCEPT EMERGENCY ACCESS TO THE LIMITED ACCESS HIGHWAY "NORTHERN PARKWAY" TO BE CONSTRUCTED OVER AND UPON THE RIGHT OF WAY DESCRIBED ABOVE. 4:011'eft 21, C.ST�/I� �'o a { 31019EV c DURYEA J 4 8jpeed•'' 4,• �eosa 115 sEntes 031%st 1k Page 2 of 3 MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION Prelim: Chk: Appr: Rev: Maricopa County Public Works Real Estate Division GRANTOR DATE EXHIBIT "A: N _ LINE DATA TABLE NO. BEARING DISTANCE 11 S00°19'56"W 40.00 L2 S00°19'56"W 10.00 L3 S89°26'00'W 2564.49 L4 N00°09'55"E 10.00 NOT TO SCALE L5 N89°26'00"E 2564.52 12/y �; POINT OF COMMENCEMENT M glir el / Rile NORTH LINE OF SECTION 6 POINT OF BEGINNING L1 NORTHERN AVENUE \ ! 1 N89°26'00"E 2597.64' \ BASIS OF BEARINGS i (L L41\ $ of L3 L2 ' EXISTING RIGHT-OF-WAY - o I 142-75 002C � o PROPOSED RIGHT-OF-WAY \CITY OF GLENDALE LF w i �Z un.ZZI� a. - 33' ¢z w Z E. ST LINE OF SECTION 6 SrIJI P. I 330'RIM,EASEMENT n �I DOCKET 10684 PAGE 1472 142-75-0020 I, CITY OF GLENDALE N-S MID-SECTION LINE g 0'r ITHIS IS NOT A PROPERTY a BOUNDARY SURVEY. D �„frI Tgap EXHIBIT"B" 11 el Dibble . "n4-1, 0, PARCEL NO. 142-75-002C o PROPOSED RIGHT-OF-WAY Engineering. it 31019 NORTHERN PARKWAY 2 7500 N.Dreamy Dnw Drive,Sults 200C. STEVE DYSART ROAD TO 111TH AVENUE I Pheenhr,Az85„0 DURYEA, JR. Tel.(002)957-1155 s� ITEM NO. D22516 4 S%r(-lea', ea``'�' DATE:NOV 2013 Project Number Dibble Engineering R zo A, u.s° DRN: DBB TT347 s Project No. 100918 e 5 CHIC CSD f �o-es j 3l z�` PAGE 3 OF 3 Page 2 L. SETTLEMENT CHARGES 700.TOTAL COMMISSION Based on Price $ @ % PAID FROM PAID FROM Division of Commission(line 700)as Follows: BUYER'S SELLER'S 701.$ to FUNDS AT FUNDS AT 702.$ to SETTLEMENT SETTLEMENT 703.Commission Paid at Settlement 704. to 800.ITEMS PAYABLE IN CONNECTION WITH LOAN 801. Loan Origination Fee % to 802. Loan Discount % to 803. Appraisal Fee to 804. Credit Report to 805. Lender's Inspection Fee to 806. Mortgage Ins.App. Fee to 807. Assumption Fee to 808. Tax Service Fee 809. Flood Cert 810. Yield Spread/Broker Prem(PBL) 811. 900.ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE 901. Interest From to @ $ /day ( days %) 902. MIP Totlns.for LifeOfLoan for months to 903. Hazard Insurance Premium for 1.0 years to 904. 905. 2nd Loan Interim Interest 1000.RESERVES DEPOSITED WITH LENDER 1001. Hazard Insurance months A $ per month 1002.Mortgage Insurance months @ $ per month 1003. City/Town Taxes months A $ per month 1004. County Taxes months @ $ pe$01r094194D&142-75-002C 1005. Assessments months @ $ per month 1006. months @ $ per month 1007. months @ $ per month 1008. Aggregate Adjustment months @ $ per month 1100.TITLE CHARGES 1101. Escrow Fee to DHI Title Agency 550.00 1102. Abstract or Title Search to 1103. Title Examination to 1104. Title Insurance Binder to 1105. Document Preparation to 1106. Notary Fees to 1107. Attorneys Fees to (includes above item numbers: ) 1108. Title Insurance to DHI Title Agency 783.00 (includes above item numbers: ) 1109. Lender's Coverage $ 1110.Owner's Coverage $ 115,400.00 783.00 1111. Endorsements DHI Title Agency 1112. Reconveyance/Tracking Fee DHI Title Agency 1113. Additional Escrow Work Charge 1114. 2nd Loan Escrow Fee DHI Title Agency 0.00 1115. 2nd Lender Policy DHI Title Agency 1116. 2nd Loan Endorsements DHI Title Agency 1117. 1118. 1200.GOVERNMENT RECORDING AND TRANSFER CHARGES 1201. Recording Fees: Deed $ ; Mortgage $ ,• Releases $ 1202.City/County Tax/Stamps:Deed ;Mortgage 1203.State Tax/Stamps: Deed ;Mortgage 1204. 1205. 1300.ADDITIONAL SETTLEMENT CHARGES 1301. Survey to 1302. Pest Inspection to 1303. 1304. 1305. 1400.TOTAL SETTLEMENT CHARGES (Enter on Lines 103,Section J and 502,Section K) 1,333.00 1 Mal 00-141000252-013 12/23/14 09:00AM Final lr A. B. TYPE OF LOAN: 1.DFHA 2.DFmHA 3.JX CONV. UNINS. 4.OVA 5.QCONV. INS. 6. FILE NUMBER: 7. LOAN NUMBER: SETTLEMENT STATEMENT 200-141000252-013 8. MORTGAGE INS CASE NUMBER: C. NOTE: This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown. Items marked'(POC]"were paid outside the closing;they are shown here for informational purposes and are not included in the totals. D. NAME AND ADDRESS OF BUYER: E. NAME AND ADDRESS OF SELLER: F. NAME AND ADDRESS OF LENDER: Maricopa County, a political The City of Glendale 2801 W. Durango Street 5800 W.Glendale Ave.,Suite 315 Phoenix,AZ 85009 Glendale,AZ 85301 G. PROPERTY LOCATION: H. SETTLEMENT AGENT: I. SETTLEMENT DATE: Dysart Rd.to 111th Ave. DHI Title Agency December 23,2014 Avondale, AZ Escrow Officer: Sheryl Edwards Maricopa County PLACE OF SETTLEMENT Lot, ProRation Date: 7025 W. Bell Rd.,#2 December 23,2014 Parcel#: 501-99-004D&142-75-002C Glendale,AZ 85308 J. SUMMARY OF BUYER'S TRANSACTION K.SUMMARY OF SELLER'S TRANSACTION 100. GROSS AMOUNT DUE FROM BUYER: 400. GROSS AMOUNT DUE TO SELLER: 101. Contract Sales Price 115,400.00 401. Contract Sales Price 115,400.00 102. Personal Property 402. Personal Property 103. Settlement Charges to Buyer(Line 1400) 1,333.00 403. 104. 404. 105. 405. Adjustments For Items Paid By Seller in advance Adjustments For Items Paid By Seller in advance 106. City/Town Taxes to 406. City/Town Taxes to 107. County Taxes to 407. County Taxes to 108. Assessments to 408. Assessments to 109. 409. 110. 410. 111. 411. 112. 412. 120. GROSS AMOUNT DUE FROM BUYER 116,733.00 420. GROSS AMOUNT DUE TO SELLER 115,400.00 200. AMOUNTS PAID BY OR IN BEHALF OF BUYER: 500. REDUCTIONS IN AMOUNT DUE TO SELLER: 201. Deposit or earnest money 501. Excess Deposit(See Instructions) 202. Principal Amount of New Loan(s) 502. Settlement Charges to Seller(Line 1400) 203. Existing loan(s)taken subject to 503. Existing loan(s)taken subject to 204. Closing Funds Deposited 116,733.00 504. Payoff First Mortgage 205. 505. Payoff Second Mortgage 206. 506. 207. 507. 208. 508. 209. 509. Adjustments For Items Unpaid By Seller Adjustments For Items Unpaid By Seller 210. City/Town Taxes to 510. City/Town Taxes to 211. County Taxes to 511. County Taxes to 212. Assessments to 512. Assessments to 213. 513. 214. 514. 215. 515. 216. 516. 217. 517. 218. 518. 219. 519. 220. TOTAL PAID BY/FOR BUYER 116,733.00 520. TOTAL REDUCTION AMOUNT DUE SELLER 300. CASH AT SETTLEMENT FROM/TO BUYER: 600. CASH AT SETTLEMENT TO/FROM SELLER: 301. Gross Amount Due From Buyer(Line 120) 116,733.00 601. Gross Amount Due To Seller(Line 420) 115,400.00 302. Less Amount Paid By/For Buyer(Line 220) ( 116,733.00) 602. Less Reductions Due Seller(Line 520) ( ) 303. CASH( FROM)( TO)BUYER 603. CASH( X TO)( FROM)SELLER 115,400.00 200-141000252-013 12/23/14 09:00•AM ACKNOWLEDGMENT OF RECEIPT OF SETTLEMENT STATEMENT Buyer: Maricopa County, a political subdivision of the State of Arizona Seller: The City of Glendale, a municipal corporation Settlement Agent: DHI Title Agency (623)594-5813 Place of Settlement: 7025 W. Bell Rd., #2 Glendale, AZ 85308 Settlement Date: Property Location: Dysart Rd. to 111th Ave. Avondale, AZ Maricopa County Lot, Parcel#: 501-99-004D & 142-75-002C I have carefully reviewed the HUD-1 Settlement Statement and to the best of my knowledge and belief, it is a true and accurate statement of all receipts and disbursements made on my account or by me in this transaction. I further certify that I have received a copy of the HUD-1 Settlement Statement. Maricopa County, a political subdivision of the State of The City of Glendale, a municipal corporation Arizona / B � BY: 'ity M. sager ATTEST: Approved flA tb kort t To the best of my knowledge, the HUD-1 Settlement Statement which I have prepared is a true an. accurate account of the funds which were received and have been or will be disbursed by the undersigned as part of the settlement of this transaction. DHI Title Agency. Settlement Agent WARNING: It is a crime to knowingly make false statements to the United States on this or any similar form. Penalties upon conviction can include a fine and imprisonment. For details see: Title 18 U.S.Code Section 1001 and Section 1010. 200-141000252-013 05/06/14 01:16•PM