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HomeMy WebLinkAbout94-00756 - -, -~...- -, ; I ., I l:-;t .-... 1 ~ ~ ~ E .~ OJ -. I ~ t::l " t:? ~ .- , ~ . ..l E-< f.:l ... 1'. .- ~ ... - OJ :=.: " .r. U ". fill:;! is ... ... 11 ~ ~ .- - - ~ - ~ 0. '- ru ~ c ru I" I" Lll ru c N .. ..'" ....... ::l0 U) ~ C"'" ...J&JUJ..... ..l " ... ::l" ~OUl< U::ll'< ... 0 0"'''' "u . ~ .... .. W.....t;l..... H '"' 0 en U) lU U OM ...'" ... D a Q) I-l OJ ::l" .. P::UOU ); I: ~ OJ . 0 9 m , 5 0 '" ~ " . . 0: R u OJ . if 0 " ~ u Ii J :l < 0 , 0 ll: 0 ~ . " ci . r. w . .. z ~ . ... it ... < .. I: . OJ , 0 0 " Cl , Q N ~ .. . ... i ... U'-' . u ~ ~ ~ z .. z ... .. . b'i i " ~ .: . ~ , " VI ~ ~ . .. '. 0'. 4 -_~_~ ... '. 7-:;c- E ~i " '1 ,. . , f" ,. :- ~ ! , ;.\ I y. , ., il ,..j.,' . !" ,!J. , ~, ..- ,; '. .1 ,1':f. ..... ) r ~ . .' .~~- .. , . I .' , . . -~. .,---~""~ -:O-~--__..~.d~ .. -r.~ "!"......~......; ..-- PETITION FOR PROBATE and GRANT m' LETTERS E.wat~ 01 Nancv \~. Ihlll1hl.'rner also known as No. To: .,,' 1- 'i'l- '/.'; (" Reglsler of Wills for the , Dec'c'ase". County of Cumberl nnd In Ihe Sorlal Secllrlt). No. 15/,-21.-llltB/, Commonwealth of Pennsylvania The pelhlon of Ihe undersigned respeclfully represenlS Ihat: Your pelllioner(s), who islare 18 years of age or older anlhe exeCul or inlhe lasl wlll of Ihe above decedent, dated Novembe r 12 lMllKIlOllllln(ll)< QIUd named , 19...2L- ('IDlt Iclcvanl dU:III11\IDncc!o, t.ll. U'l1l1l1chulnll, delllh or eUfUlor, ele.) Decendenl was domiciled al demh In Cumber 1 lInd County, Pennsylvania. whh I' pr lasl family or principal residence at 27 n"rbyshir" nrivp, Cnrlisle, PA 17013 IIbl !tIr"I, numher and munclpalil)') Deeendent, then 63 years nf age, died .June 6 , 1994 at ?.7 nnrhyqhtrn nriunl rnrliQln) rllmh("lrlnn,.1 r.t-y. PA . Except as follows, dccedel1l did nOlmarry, was nol divorced and did not have a child born or adopted after execullon of the will offered for probate; was nOllhe victim of a killing and was never adJudlealed incompetent: NO EXCEPTIONS Decendent at dealh owned property with cstimated values as follows: (I f domiciled In Pa,) All personal propcrlY S 8. 740 . (If not domiciled In Pa.) Personal property in Pennsylvania S (If nol domiciled In Po.) Personal property In County S Value of real estate In Pennsylvania S ?O~ .000 situaled as follows: 27 nerbvRhire nrive. CnrBsll:!. Cumberlnnd Countv. PA WHEREFORE, pethioner(s) respL'Clfully presented herewith and Ihe grant of lellers theron. request(s) the probale of the last will and eodlell(s) testamentarY (lnlllmCIIUU)'; admlnl~1rallon c.I.a.: administration d.b,n,c.t,D.) t (J) jJ /.~ ~~e~ .a.-.;- '011 ~~,;~r "'0 ~:~ ~d: 1!~ ~o ~ .. ili 27 Derbyshire Drive Cnrlisle. PA 17013 OATH OF PERSONAL REPRESENTATIVE COMMONWEALTH OF PENNSYLVANIA } t>S COUNTY OF CII~rnl'Rt ANIl The petitloner(s) above. named swear(s) or affirm(s) thallhe slalcmenls In the foregoing petition are true and correclto the besl of the knowledge and belief of pelition and Ihat as Jl"rsonal represen- tativc(s) of Ihe above decedent pelitloner(s) will well nd/trulya . II r the ~tale according to law. . , Sworn 10 or arrirn]edf)and subscribed f " t before tlle Ihls Viti da)' of . .. iijSu ';;f~tfr ,~('l/ G\19ffi . '}F( ~.-. "1" ( 0' . A~lll . -/7 f::';V'1 ~ ' 1/ R C ,I. EW S R"lIist,'r. [i ( II. I' '/'.' .) " ; '" ... a " ~ ~ No 21 - 94 - 756 . Estate of Nnnr.v \oJ. Ihlmhornur , Deceased DECREE OF PROBATE AND GRANT 01<' LETTERS AND NOW FEBRUARY 14, 1922--, In consideration of the petition on Ihe reverse side hereof, sali!factory proof having been presented before me, .1' IS DECREED that the Instrument(1l) dated Nnvpml",r 12 r Iqq2 described therein be admitted to probate and n1ed of record as the last will of Nancy W, Rumberger and Lellers testnmentary arc hereby granled to Onl ton I.. Rumberger FEES P b L E S 270.00 ro ate, ellers, Ie..,. . . , . . " Short Certlfieates( )"....,." S Renunciation ."o',."........ S X-Pages S IlI.lIU JCP 5.00 TOTAL _ S ?9l.00 Flied...... f.~~~~,~~Y. .1,~ I, .l,~~?,....... RqJl.lcr or WII;'". {! ~.10 ' MARY C. LEWIS Raymond R. Goehring. Jr.. Esquire PA 10 /100601 ATTORNIlY (Sup. Ct. I.D. No.) Goehring, Rutter & Boehm Firm /1102 ADDRESS 1424 Frick Building Pi f"t'Rhlll"gh I Ph 1~? 1 Q PHONE (412) 281-0587 N Eir: ". ':'f 0 'A 0'1 '.' . et: (. . ", - CO , ) " I .' :1 OJ c , ':\ W J LL :lJ , 'i) U C) >, .!J wa: ~ -::- lo:.: Qj.... a: -::> UU Mailed letters and order to attorney on 2-14-95. ----.--"'--'--" .-"- WILL I, NANCY W. RUMBERGER I of the County of Cumberland and Commonwealth of pennsylvania, do make this my Will, hereby revoking any and all wills at any time heretofore made by me. FIRST: I direct that the expenses of my last illneso and funeral be paid out of my estate as soon as may be convenient after my death. SECOND: I give my tangible personal property I including policies of insurance thereon, to my husband I DALTON L. RUMBERGER I if he survives me for a period of thirty (30) days. If he does not so survive me, I give to my children who survive us both so much of said property as they may each select, and any unselected items shall be sold and ~he proceeds distributed as part of the rest of my estate. THIRD: All the residue of my estate I give to my husband I DALTON L. RUMBERGER I and MELLON BANK, N.A'I or their successor Trustees, to hold IN TRUST as part of the Trust Estate under the Nancy W. Rumberger Revocable Deed of Trust dated the /,1 !.!, . day of November, 1992, as amended at any time prior to my , death, or, if said Deed of Trust is no longer in effect I to hold IN \ r-- --"'-~'7"f' 1"1 .. -.....- --' ........-.. TRUST on the terms and conditions specified in said Deed of Trust on the date of this will or of the last Codicil hereto I with like effect as if they were set forth herein verbatim. FOURTH: (A) I appoint my husband, DALTON L. RUMBERGER, Executor of this my will. In case of his inability or unwilling- ness to act or to continue to act as my Executor, I appoint my son, JEFFREY S. RUMBERGER I as Executor in his place. In case of his inability or unwillingness to act or to continue to act as my Executor, I appoint my son-in-law, THOMAS J. FOSTER, as Executor in his place. In case of his inability or unwillingness to act or to continue to act as my Executor, I appoint MELLON BANK, N.A., as Executor in his place. (B) I give to my Executor, in addition to the authority conferred by law, the power to sell any or all of my property, real or personal, at public or private sale, at such time and for such price and upon such terms and conditions as it may see fit, or in its discretion to retain the same for distribution in kind, and the power, but not the duty, to invest any cash without being limited to "legal" investments. (Cl No bond shall be required of any fiduciary hereunder in any jurisdiction. No fiduciary hereunder shall have any liability for any mistake or error of judgment made in good faith. -2- , - - . ~-"".,-- . ~ - .~ -~:._---:-.------...tcI."", 41- ~~.,. .."....,. r . , . - .... --.......... ._'~' FIFTH: I realize that executors and trustees are given discretion by law to make various elections which affect the income and estate taxes payable by estates, trusts and beneficiaries I as well as the relative shares of beneficiaries, such as taking administration expenses as deductions for either estate or income tax purposes I selecting options for the payment of employee death benefits I electing to take qualified terminable interests as part of the marital deduction, selecting alternate valuation dates, postponing the payment of taxes, filing joint income tax or gift tax returns I allocating my exemption from generation-skipping tax, filing estimated income tax returns and making payments thereon I and redeeming corporate stock. The decisions made by my fiducia- ries in any of these matters shall be binding upon, and not subject to question by, any affected persons; PROVIDED, however, that if a corporate fiduciary is serving I its decision shall also be binding upon any individual cO-fiduciary. I authorize my Executors to disclaim interests in property without court authorization. I rely upon my fiduciaries to take into consideration the total income and estate taxes payable by reason of their decisions, including those payable by my survivors I and they are authorized in their discre- tion, but not required, to make adjustments between income and principal as a result thereof. They are specifically authorized to file a joint income tax return with my husband or his personal -3- ;...__~.~._~.__ ,_-, '.hU.__......,.~..,~.._._._.. ........ _...~........_----."_....- ---_--"':".....--~-A. _ _ l 1- .1" \ - --0 _ ....._ ..... _ . representative for any period during which such a return is permitted, without requiring him or his personal representative to sign an indemnification agreement. SIXTH: (A) If any beneficiary entitled to a share hereunder is under the age of twenty-one (21) years, my Executor may deliver it to any individual or corporation selected by them as Custodian for him or her under the Pennsylvania Uniform Gifts or Transfers to Minors Act. (B) If the state in which I am domiciled at the time of my death does not permit the use of a Custodian under the Uniform Gifts or Transfers to Minors Act, or if my Executor fails to appoint such a Custodian, then I appoint MELLON BANK, N.A., as guardian of the estate of any minor receiving any sums of money I real property or other intangible personal property free of trust by reason of my death, if such property is in excess of the amount which may be paid to the natural guardian; and I authorize said guardian, in its sole discretion and without order of court, to retain such property in kind or to sell the same, giving good title to any real estate, to invest and reinvest without being limited to "legal" investments and to use both income and principal for the minor's welfare, comfortable support and education, including college expenses. -4- SEVENTH: I direct that all estate, inheritance and other taxes in the nature thereof, together with any interest and penalties thereon I becoming payable because of my death with respect to the property constituting my gross estate for death tax purposes I whether or not such property passes under this Will, shall be paid from the principal of my residuary estate; and no person receiving or having a beneficial interest in any such property whether under this Will or otherwise, shall at any time be required to contribute to or refund any part thereof; PROVIDED I however I that this direction shall not apply to the taxes on any property included in my estate solely because of a power of appointment thereover which I possess but have not exercised or on any qualified terminable interest. -5- , ' '.~ .,' .- . -- ....... ..--.. -~. l.....~. ~ _ r-,'" 6.~'''; . ~ . '-'.,-- ._--.. .-- ~_.,' -'- , , -"- \. ~......- IN WITNESS WHEREOF I I have hereunto set my hand and seal this /.tJ (6 day of II J tt'7l11 lJ~tJ / I 1992. , J~"'1/ II/. ';r:'.Q"1>,fl,,&/'l.lF/.J) (SEAL) , Wcincy IT. RUmberger Signed, sealed I pUblished and declared by NANCY W. RUMBERGER, the Testatrix above named, as and for her Will in the presence of us, who at her request I in her presence and in the presence of each other I have hereunto subscribed our names as witnesses hereto. ~~lJU&r " ~&1a/yl.-.'-' -L:j~-tU.JlJ L/ U Address: ,303 it,?u:..vJJt, Address: 0~r?I o~b:!fL If/ IflJ5dlO L/J,y/___ ~A. /S,:J II ~ ~ ?/'? ?/J-'- Address: ~/9 /Uev.b'-'-'-~' PdG6"'71 fJl9 IS.J16 ,...6- ~-' . ...... ....... -.. _..... -...",-~.>' --~.-.- I . ".-.-.......-- -~ \. - .- , , "-.". .> .---...A 1"";_ -:- .. 1'" ; ! " .. .--..--....-.--- -'~ ACKNOWLEDGMENT COMMONWEALTH OF PENNSYLVANIA COUNTY OF ALLEGHENY ) ) ss: ) We, NANCY W. RUMBERGER, ~ laU1.f. L. );1,/10-- ,]C)/]IJV L. SiTf!..GflI.-L I and ~(l"~..,p tI-I, t'vi/Vo/.,'n , the Testatrix and the witnesses, respectively, whose names are signed to the foregoing Will, being first duly sworn according to law, do depose and say that the Testatrix signed and executed the foregoing instrument as her Will, that she signed willingly I that she executed it as her free and voluntary act for the purposes therein expressed I that each of the witnesses, in the presence and hearing of the Testatrix, signed the Will as witnesses and that to the best of the knowledge of each of them the Testatrix was at that time eighteen (lB) years of age or older I of sound mind and under no constraint or undue influence. /J;bIt1U !t! tlZj~udF.('ffFi:;I/ (Testatrix) Nancy tr. Rumberger /(~M&,<.. (Witness) " 0'/..'=71 /J1,A,-, JJ J;t.e.,. ~ (Witness) 1:/ ~ "-'7 t'~.~ 7/'1. ~ (Witness) Subscribed I sworn to and acknowledged before me by NANCY W. RUMBERGER, the Testatrix I and subscribed and sworn to before me by € /t;'nt L, /IIl,//.t~ ,MIIJJ,) /..., S.,.rf.6I1LL I and ~i""'''''np M. Ma,.l,'.., , witnesses, this IJ!IS day of No ",.-4,e..--, I 1 9 9 2 . (SEAL) NotarlaI Sool Rcl>ertJ, _. No"'!Y Plmric Pil:lburgh, AIIoghony CWnIy MyC'~..sIonE""resAu<J,l.199ll ..:; r,PI.Ylo1::,-Iv",i/.1l\c.eQC1gQClIIofN:1:"1flC3 ;.. . "'. .' .. .-.. ..... - .. ,_,~", 9-'".....,.. --~ .... .. j .' . - ...----. ----,.. ,~~ :sl ::offi' ~.~ r-' .ll; ill ,n n. ... \ < it iO -, ;..: . 0- c..;,_: I ~ ;-. flu" <>> -..... -:" ~~. :r.> ._4('; , ~' e!Q! . , \D ~;i .I>. "'0 -, 'N ClI tIl r..:l , :E . p; r; i5 r..:l 0 " ~ , m 01 Z - ~ t t.!l 011 !i III r..:l Z II ~ 5 - ' . l;lB i D ~ f:3E II . ... r.. f :i a 0 . 80 Cl ~ J '" II: ~ l>: ci ~ ffi z ~ E ~ .. CI ii: 'tl Z :! II. lIJ 0 i5 ..... ~ III 0 CI ~ CI I .-=r-'''~~T'''2'-'':'::'':'::'~:'::~~'''''~---~~~-~--:::::':::':::::;fJ.~:~ji,,"" ~""'I"""""~,~'~j"'''''':'~:~f :[)q.& 7v rOIlM 16 11I:0. Wlu.s ..;1' <1<1' l,l,-', INVENTORY (. (1~ of all re^' And penonal euale 01 Nnoc\' W. Itll~C.I' d.c....d, 1.1. of 27 n"rhvHhlre lJrlvc. CarllH1e lnunilrt And ,truII wbo dl.d South Hlddl"ton TnwnHhin lllorouah or Townllllpl June 6. 1994 ldate 01 dUlhl d '''vi .1tlfij!~ftlij,/ehunIY. P.nn.ylv.nla. 17013 11-1> CoMI PERSONAL ESTATE SCHEDULE J. Hink Jack"t - Valu" per Appraisal $ 450.00 8,290.00 2. Jewelry - Value per Apprnisnl TOTAL PERSONALTY $ 8.740.00 O() (- ... ~ :u:tJ ;:j !D r" , (!l~ , . -; D '" "::,J ~. ~ , ~.- I ~i ., 0\ > , ; , : :-::: ~.~~..' {. 0 ~~. 0 <n 0 \0 -.. \. fl(;/1~ ... I / 'J' ')- 1/) . . . '\ _) ~... l.. INHERITANCE TAX RETURN RESIDENT DECEDENT (TO BE FILED IN DUPLICATE WITH REGISTER OF WILLS Iltv. UOOn. _111-811 a i ~ E 0 C C Kp C P o 0 R N R D E E S N - T CO"~Ft'."I.~~lJWbrr~fl1.Wb~ANIA I'[ttl,280flOl UARAIS uno, I'A 11111-0601 ; ~ OrC[o[NI'S NAME (LAST, nnsT, AND MIDDLE INITIAll Rumberger, Nancy W. ,t. FOR DATES OF DEATHAFTEA l'l/311a1 CHECK HERE IF A SPOUSAL 0 POVERTY CREDIT IS CLAIMED FILE NUMBER {I/o< 21-94-0756 COUNTY CODE DECEOENT'S COMPL[l[ Aoonrss 27 DerbYBhire Drive CarliBle, PA 17013 COlln'v o 4. Umltod Es1Blo 04.. []I 7, Futuro Inlorosl COO1pfomlso (for datos 01 dOBlh altor 12-12-02) Oocodonl Molnlolnod 0 Uvlng Trust (Anach a copy 01 Trusl) Cumberland V[AR NuunrR 3. Romalndor Rutum (lor dalos 01 daalh prIor 10 12-13-B2) lKJ 5. FedC/al Ealala Tax Roturn Roqulrod ...Q...... 8, Tolal Number 01 Solo Daposll Bo,as h1{%vi;Jlt:~ Cop~"gh1IeI19lJl, 'otm IOltw11I on'v Cent" PlIIH:. Sall.....ar., 'nc. AQUAES5 C;;?,!~~.i.'!9I, ,'!'!t:!'.'!",!', ,I!~~.i!'!', _ _ _.. _. _". _.... _ _. _.. ~~,~1, !_,,~~!<, ,I!~j._l:~~!',<;! _ _ _" _, _"", _"", _, _, _, _", PittBburgh, PA 15219 50CIAlS[CUAITY NUMBER 154-24-0484 X 1. Orlglna' Rolurn []I 8. Docadanl Diad Tosla,a (Allach copy 01 Will) ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULO BE DIRECTED TO: NAME Robert J. Wintere, EB uire TELEPHONE NUMBEA 412 281-0587 1, Roal Eslala (SChodulo A) 2, Slacks and Bonds (SChodulo 8) 3. Closaly Hold Slock/Partnorshlp InlOlosl (Schodule C) 4, Monga90s and Nolas Rocolvablo (SChadulo D) 5, Cash. 8ank Dopos"s & Mlscollanoous PerBOnal PlOpol1y (Schadula E) 6, Jolnlly Ownad Propalty (SChodula F) 7, Translars (Schedula G) (Schadula L) 8. Tolol Gross Assets (lolallln09 1"7) 9. Funarol Expansos, AdminlstratlvD Costs, MlscolJanoous E'pansos (SChodula H) 10, Oabl'. Mortgago Uabllllles, Uans (Schodulo I) 11, Tolal DoducUons (Iolalllnos 8 & 10) 12, Nol Valuo 01 ESlala (IIno 8 minus Ilno 11) 13. Charitablo and Govornmonlol BoquDsts (Schodulo J) 14. Not Valuo Sub ocl to Tax Uno 12 mlnus lina 13) 15. Amount of IIno 14 taxablo at 6% rolo (Inctudo voluos Irom Schodulo K or Schodulo M.) 16. Amount 01 lino 14 toxoblo ot 15% roto (lncludo voluos Irom Schodulo K or Schodulo M.) 17. PrlncipollDlC duo (Add lox flom Iino 15 Gnd horn IIno 16.) 16.Crodlls/Sp povarty Prior Paymonls Dlscounl + 40,000,00 + 2,105.26 19. IIl1na 18 Is graalor Ihan IIno 17. onlor Iha dlllOlanco on IIna lB. This Is rho OVERPAYMENT. ~ D ICheck hero It you are requesUng a refund of your overpayment I 20. Ullna 1719 grealor Ihon IIno 19, ontor Iho difforenco onllno 20. ThIs Is tho TAX DUE. A. Enlor tha Inlarost on tho balanco duo on Iino 20A. B. Entar Iho 10101 olllna 20 and 20A on IIno 20B. This Is Iho BALANCE DUE. Make Check Pa ablll to: Re Isler of Wills. A ani ~ ~ BE SURE TO ANSWER ALL QUESTIONS ON PAGE 2 AND TO RECHECK MATH ... ... R E C A P I T U L A T I o N T A X C o M P U T A T I o N COMPLETE MAiliNG ADDRESS Goehring, Rutter & Boehm 1424 Frick Building PittBbur h, PA 15219 205,000.P9o None". None None 8,740,'00 (1) (2) (3) (4) (5) (6) (7) (9) (10) (15) (lB) ;sj None 617,381,'64 ~ll 25,219765. S I '" ~:n ....Ie.l '0 c) .- i"B31,121.64 25,372.76 805,748.8B None 805,748.88 48,344.93 , (8f-; o 153.11 (11) (12) (13) 14 BD5,748,88 )( .00 II 0.00 48,344.93 42,105,26 D,OO 6.239.67 0.00 6,239.67 UnCI., p.n'IlI" 01 perlury,l d.clire 111.1 I h..... ...mlned Ihl, rlllu,n,lnclu ng accomp.nylng ,chlldul..,nCl.lllllme"",.nd to Ihlt bul 01 my knowl'dgll and belt.f,1I I.lru., cO""land compl'I..1 dtcla" thallll '.llnt.l. hll b.." r.poll.d It I . mArk.t v.lu.. Otc"'"llo" 01 tlr",1 Iher Ih,n the p.non.1 "p".."I."....I. baud on all Informallon 01 \IIIllIchp"p,",ha.anyknowledge. SIGNATURE OF PAEPAREROTHER THM4 REPRESENTATIVE 0.00 X.1S' (17) Intorost (16) (19) (20) (20A) (20B) DATE 3/JA'f , DATE .]j It> Form 1500lA...., l1.g11 . ' r \' PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING A MARK (X) IN THE APPROPRIATE BLOCKS. YES NO 1, Old docodonl mako a translor and: .. 10talnthousoorlncomoo'Ihoproportylranslorrod . . . . . . . . . . . , . . . , . . , . . . , . . . . . . . . . . . .. X b, lolaln Iho rlghllo doslgnalo who BhBn uso tho proporty 'ranslorrod or UBlncomo. . . . , , . . . , . , . . . . . , , . ,. X o. retain a revorsJonary 1"lorosl or. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X d, locolvo Iho promlBo for 1110 of ollhor paymonls. bonofilB or caro? ..,.. .... ,.".,.,.,.",.,. ... X 2. U doalh oceurrod on or boloro Docombor 12, 1902, did docodont wllhln two yoBlS procodlng dOBlh IrBnsfor proporty wllhoUI rocolvlng adoqualo consldoraUon? II doalh oceurrod ahol Docombor 12. 1992. did docodonl tranBlol proporty wllhln ono yoar 0' dOBlh wllhoUI rocolvlng adoqualo conBldorBUon? , . . , . , . , . . . , , . . . . . , , , . . . . . , , , , . . . , . . . . . . . . . , , . . . . . . , , . .. X 3. Old docodont own an 'In Wstlo( bank aceounlal his or hor doalh? , . , . . . , . . , . . . . . . . . . , , . , , , , . . . X IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. COPyrlgh1(C) 1881 form .oflwl'. onlv Cent., A.e. SOftw.re, Inc. Form 1600 (A..... l1~it) . -. . ' .. t REV-1502U+ (IZ..IS) cOMtlR,nl~l[{\,~l,W~fiY'NI' SCHEDULE A REAL ESTATE ESTATE OF FILE NUMBER Nanc W. Rumber er SSI 154-24-0484 06 06 94 21-94-0756 (Property ,olnllv-owned wtth Right 01 Survlvorahlp must be dl.closed on Schedul. F) All r..,....t. .hould be reported et I.'r mlrltel vllue which Is denned ..the p~ce It which property would be exchenged between. wtlllng buyer Ind I wtlllng .elllr, nllther being compelled to b or Sill, both hlvln r..lonlble knowt 01 the relevlnt I.c", ITEM NUMBER 1 OESCRIPTION VALUE AT OATE OF OEATH Real Estate located at. 27 Derbyshire Drive carlisle, Cumberland cty, PA Dsed Book 35-X, Page 17 Value per attached appraisal 205,000.00 TOTAL Also onlor on IIn01, Roca IlulaUon (II moro spaco la noodod. Insort addlllonal ahOOls of sarno slzo.) Copyrlght(c) 111111 'aftllloftwa" only Center Plece Software, Inc. S 205 000.00 Form 1500 Schedule A IRlv, 12.11I) r REV-1&oIEX + 12-171 SCHEDULE E CASH, BANK DEPOSITS AND MISCELLANEOUS PERSONALPROPERTV PI08S8 Pnnl or 0 FILE NUMBER 21-94-0756 COMr..\l\l~~~"t.W,fjh\'ANIA ESTATE OF Nancy w. Rumberger SSI 154-24-0484 06/06/94 All e ITEM NUM8ER 1 olnU -own.d with RI hI 01 Survlvorahl mUlt be dllcloled on Schedule DESCRIPTION Mink Jacket - Value per attached appraisal VALUE AT DATE OF DEATH 450.00 2 Jewelry - Value per attached appraisal 8,290,00 TOTAL (Also onlor on Uno .. RocI lIullllon (Mach addlllonal8 1/2" X II' shOOloll moro spaco Is ncodod,) Copyright IcltO;t form IOftwIF' onlv Clnt" Pi." SoIlWI't, Inc. S 8 740.00 Form 1500 Sch.dul. E IR.~. 2-111 REV- UIOElC + 12-"1 r SCHEDULE G TRANSFERS eo"rN'1ll"llM.'N)!..'v. ~lli~tVohl'ANIA 'R~SIOEN't'b~CE'DENT ESTAll! OF Ploaso Prln1 or T 0 FILE NUMBER 21-94-0756 Nancy w. Rumberger SSI 154-24-0484 06/06/94 THIS SCHEDULE MUST DE COMPLETED AND FILED IF THE ANSWER TO ANY OF THE QUESTIONS ON PAGE 2 IS YES. ITEM NUMBER 1 DESCRIPTION OF PROPERlY Includ' n.m, 01 Ih,lr.nlr"",lh,ir r,l.Ition.ti,-n-,o dlced,nt dlt, 0' t,anlt.r, IRA Account #7696-7043 Charles Schwab & Co. 17 South Harket Square Suite 1A Harrisburg, PA 17101 Beneficiary is Decedent's Spouse, Dalton L. Rumberger TOTAL VALUE OF ASSET 14,359.71 DECD'S DOLLAR VALUE OF %IN~ DECEDENT INTEREST 00.00\ 14/359.71 EXCLUSION 2 Revocable Trust Dated 11/12/92 Dalton L. Rumberger and Hel10n Bank, NA, Co-Trusteee See attached copy of Trust. Trust held with Hel10n Bank ae Account #460-643 consisting of aesete shown on the attached statement. Securities 541,777.75 Principal Cash 10.04 Net Income on Hand & Accrued 16,559.88 00.00\ 558,347.67 558,347.67 3 Decedent transferred her 1/2 interest in Hel10n Bank, NA Checking acct #254-000096 to the other joint owner, her spouse, Dalton L. Rumberger on Hay 20, 1994 44,674.26 3,000.00 95,348.52 50.00\ S 617.381. 64 TOTAL (Also onlor on Ilno 7. Roc.~llul.llon) (II moro spaco Is noodod, Insort oddltlonalshoots ot Barno olzo.) Copyrlghllcl t81t1 'orm 1011'1'1"" onl.,. C.nt.r PIle. 801Iw"',lne. Form 1500 8c:hldul. G lRev, 2-171 REV- 1!11 EX + (e-eel , SCHEDULE H FUNERAL EXPENSES, ADMINISTRATIVE COSTS AND MISCELLANEOUS EXPENSES cO"'\:.~Ji'l(fh',],l1,'v. ~~JiII~'lhYANIA ritSIDEN'f'b~CEb"fNT ESTATE OF Nanc ITEM NUMBER A, B. 4. C, 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Ploaso Print or T 0 FILE NUMBER 21-94-0756 W. Rumber er SS# 154-24-0484 06 06 94 OESCRIPTION AMOUNT 1 2 3 4 5 6 7 8 Funeral Expeneel: Cedar Hill Cemetery - Burial Plot Cedar Hill Cemetery - Grave Opening Aurand Funeral Home Aurand Monuments - Memorial Aurand Monuments - Inscription for Memorial Dielh's Florist - Funeral Flowers Dr. H. Pat Albright - Minister for Funeral Williams Family Restaurant - Funeral Meal 308.33 200.00 6,108,78 1,B52.00 50.00 116.60 150.00 132.00 1, AdmlnlltraUve COlta: Porsonal Roprosentatlve COmmissions Social Socurity Number of Porsonal Roprosontatlve: VOIr COmmtsslons paid _ 2, Anornoy Foes Goehring, Rutter & Boehm 13,000.00 3, Family Exompllon Clalmanl Dalton L. Rumberger Addross 01 Claimant at decedont's death S"oel Addross 27 Derbyshire City Carlisle 2,000.00 Rollllonshlp Spouse Drive Slalo XL- Zip COdo 17013 Probate Foes Register of Wills 293.00 Miscellaneous Expenses: Muscalus Furs - Appraieal of Mink Jacket Munn's Diamond Gallery - Appraisal of Jewelry Rowe'e Antiques - Appraisal of Tangible Personal Property Steven W. Barett Real Estate - Appraisal of Real Estate Long Distance Telephone Charges Register of Wills - Short Certificate Register of Wills - File Inventory Register of Wills - File Inheritance Tax Return Regieter of Wills - Reeerved Costs to File Account and Decree The Patriot News - Legal Advertising The Cumberland Law Journal - Legal Advertising Express Mail charges reserved EXPENSES TO MAINTAIN REAL ESTATE. Met-Ed - Electric Services UGI - Natural Gae Services 30,00 120.00 B5.00 250.00 3.75 3.00 13.00 15.00 77.00 44.56 40.00 25.50 256.83 45.30 $ 25,219.65 TOTAL Also onlor on IIno 9. Roca Ilulallon (II molD spOCO Is noedod, Insor1 additional shoots of BOrno slzo.) Copynght lei 111111 form lofl"".,e only Clntlr PIle. 50It"""I, Inc. Form 1&00 Schldule H IRev. 7-S8) . , , REV-15tHX + 1'0-18) COM:!RJtlrt\~~~e\W~~'NI' ESTATE OF SCHEDULE I DEBTS OF DECEDENT MORTGAGE LIABILITIES AND LIENS Nancy w. Rumberger 06/06/94 FILE NUMBER 21-94-0756 SSI 154-24-0484 ITEM NUM8ER 1 OESCRIPTlON AMOUNT 124.42 Met-Ed - Electric Services 2 UGI - Natural Gas Services 28.69 TOTAL Also onlor on line 10, Rocs lIulatJon (II more opoco 10 noodod,lnoert oddltlonsJ ohoolo of 011I11O olze,) Copyrlghl(el filii fa,,,, lotlwa,. only Cenl., Pilei SoUwar..lnc. s 153.11 Form 1500 8ch.dul. IIR'v, 7-11) , , REV- UI3 U + (2-111 cO"'\'.9/t';if.l'.lltt'V. e~/t~t~hl"'" Rtsib"tN'foEc1:0ENT ESTATE OF SCHEDULE J BENEFICIARIES FILE NUMBER 21-94-0756 Nanc W. Rumber er ITEM NUMBER 55# 154-24-0484 06 06 94 RELATIONSHIP AMOUNT OR SHARE OF ESTATE NAME ANO ADDRESS OF BENEFICIARY 1 A. T"sblo 8<lquosl.: Dalton L. Rumberger 27 Derbyehire Drive Carliele, PA 17013 Tangible Pereonal Property Spouee 2 Dalton L. Rumberger and Mellon Bank, NA, Co-Trueteee of the Nancy W. Rumberger Truet Fund A Dated November 12, 1992 c/o Mellon Bank, N.A. One Mellon Bank Center Pitteburgh, PA 15258 Truetee $111, B52. 61 3 Dalton L. Rumberger and Mellon Bank, NA, Co-Trueteee of the Nancy W. Rumberger Truet Fund B Dated November 12, 1992 c/o Mellon Bank, N,A. One Mellon Bank Center Pitteburgh, PA 1525B True tee $680,OB7.61 ITEM NUMBER NAME ANO AODRESS OF BENEFICIARY AMOUNT OR SHARE OF ESTATE B. Charitable and Govornmontol Boquosts: TOTAL CHARITABLE ANO GOVERNMENTAL BEQUESTS Also onlor on Ilno 13. Roco lIulolion (II ma,o spsco Is noodod.lnson sddltlonol.hool. 01 soma sI20,) COPvright!C)1UD' lorm _011",,&,. nnlv C.f1I11' PIIC. Sotl""arl, Inc. s 0.00 Form 1500 Schedule J (R.v. 2.11) . Q o WILL I, MAHCY .. RUMBERGER, of the County of Cumberland and Commonwealth of Pennsylvania I do make this my Will, hereby revoking any and all wills at any time heretofore made by me. FIRST: I direct that the expenses of my last illness and funeral be paid out of my estate as soon as may be convenient after my death, SECOND: I give my tangible personal property I including policies of insurance thereon, to my husband, DALTON L. RUMBERGER, if he survives me for a period of thirty (30) days. If he does not so survive me, I give to my children who survive us both so much of said property as they may each select, and any unselected items shall be sold and the proceeds distributed as part of the rest of my estate. THIRD: All the residue of my estate I give to my husband, DALTON L. RUMBERGER, and MELLON BANK, N.A., or their successor Trustees, to hold IN TRUST as part of the Trust Estate under the Nancy W, kumberger Revocable Deed of Trust dated the " :' :.. . day of November, 1992, as amended at any time prior to my death, or, if said Deed pf Trust is no longer in effect, to hold IN Doc. #9JJ9 Oct 27. 1992 9:06am Wl SLR TRUST on the terms and conditions specified in said Deed of Trust on the date of this will or of the last COdicil hereto, with like effect as if they were set forth herein verbatim. FOURTH: (A) I appoint my husband, DALTON L. RUMBERGER I Executor of this my will. In case of his inability or unwilling- ness to act or to continue to act as my Executor, I appoint my son, ,JEFFREY S. RUMBERGER. as Executor in his place. In case of his inability or unwillingness to act or to continue to act as my Executor, I appoint my son-in-Iaw, THOMAS ,J, FOSTER, as Executor in his place. In case of his inability or unwillingness to act or to continue to act as my Executor, I appoint MELLON BANK, N.A., as Executor in his place. (B) I give to my Executor, in addition to the authority conferred by law. the power to sell any or all of my property, real or personal, at public or private sale, at such time and for such price and upon such terms and conditions as it may see fit, or in its discretion to retain the same for distribution in kind, and the power, but not the duty, to invest any cash without being limited to "legal" investments, (Cl No bond shall be required of any fiduciary hereunder in any jurisdiction. No fiduciary hereunder shall have any liability for any mistake or error of judgment made in good faith, -2- Doc. #9339 Oct 27, 1992 9:06am HI SLR FIFTH: I realize that executors and trustees are given discretion by law to make various elections which affect the income and estate taxes payable by estates I trusts and beneficiaries I as well as the relative shares of beneficiaries, such as taking administration expenses as deductions for either estate or income tax purposes, selecting options for the payment of employee death benefits I electing to take qualified terminable interests as part of the marital deduction, selecting alternate valuation dates, postponing the payment of taxes, filing joint income tax or gift tax returns, allocating my exemption from generation-skipping tax, filing estimated income tax returns and making payments thereon, and redeeming corporate stock. The decisions made by my fiducia- :' '. \ \ ries in any of these matters shall be binding upon, and not subject to question by, any affected persons; PROVIDED, however, that if a corporate fiduciary is serving, its decision shall also be binding " I . I upon any individual cO-fiduciary. I authorize my Executors to disclaim interests in property without court authorization. I rely upon my fiduciaries to take into consideration the total income and estate taxes payable by reason of their decisions, including those payable by my survivors, and they are authorized in their discre- tion, but not required, to make adjustments between income and principal as a result thereof. They are specifically authorized to file a joint income tax return with my husband or his personal . . -)- Doc. ';9 JJ9 Oct 27, 1992 SLH tj : UfhU'l'l Iv 1 representative for any period during which such a return is permitted, without requiring him or his personal representative to sign an indemnification agreement. SIXTH: (A) If any beneficiary entitled to a share hereunder is under the age of twenty-one (21) years, my Executor may deliver it to any individual or corporation selected by them as custodian for him or her under the Pennsylvania Uniform Gifts or Transfers to Minors Act. (B) If the state in which I am domiciled at the time of my death does not permit the use of a Custodian under the Uniform Gifts or Transfers to Minors Act, or if my Executor fails to appoint such a custodian, then I appoint MELLON BANK, N.A., as guardian of the estate of any minor receiving any sums of money, real property or other intangible personal property free of trust by reason of my death, if such property is in excess of the amount which may be paid to the natural guardian; and I authorize said guardian, in its sole discretion and without order of court, to retain such property in kind or to sell the same, giving good title to any real estate, to invest and reinvest without being limited to "legal" investments and to use both income and principal for the minor's welfare, comfortable support and education, including college expenses. I i ,. -4- --...,. ...-. ...... .--.--.-,...-..,-.- ,--.- this IN / :1 i:/j WITNESS WHEREOF, I have hereunto set my hand and seal day of ,'l " -I.,. ':~I.' , 1992. ,(;",.",.1 " Y.. "....,../.,.:,.. ,. t-Iancy W. Rumberger (SEAL) Signed, sealed, published and declared by NANCY W. RUMBERGER, the Testatrix above named, as and for her Will in the presence of us, who at her request I in her presence and in the presence of each other, have hereunto subscribed our names as witnesses hereto. ~/'I!d&1-' ,I' );"(La.. "l.-.~ ;;.(J4e,~0L.' Address: J~t:5I tJ'\t?:lt0b-:fb 1j~/lJ5d(O Address: ....:JO_:.; Jh tL,,(,...Z..V J { , -/j y~;l!(. .I:) ~, II a- ~ :?;'? ~.......e- Address: 3/9 AJe.,.h,""",,-~' pj;!;, 6r1 ,019 I s.,J16 -6- ACKNOWLEDGMENT COMMONWEALTH OF PENNSYLVANIA COUNTY OF ALLEGHENY ss: We, NANCY W. RUMBERGER, (/a"1~ L. )l/,I/if ,]2'/i/A) L. ;, it:..ci'iiL..L , and ~n".j;",. 1-1. /-.f"".j,'" , the Testatrix and the witnesses, respectively, whose names are signed to the foregoing Will, being first duly sworn according to law, do depose and say that the Testatrix signed and executed the foregJing instrument as her Will, that she signed willingly, that she executed it as her free and voluntary act for the purposes therein expressed I that each of the witnesses, in the presence and hearing of the Testatrix, signed the will as witnesses and that to the best of the knowledge of each of them the Testatrix was at that time eighteen (18) years of age or older, of sound mind and under no constraint or undue influence. I. '. ""ifan~y I '. . .. .... <, .u,I..t:.,;"'/:,/1 W. Rumberger (Testatrix) ~(CU-x-e#f~ (Witness) if.'-:ri 'I'L''- -.f. Jt~.-1tLL( (Witness) , .. \ T (.IL'~ om. %&4":t=: (Witness) SUbscribed, sworn to and acknowledged before me by NANCY W. RUMBERGER, the Testatrix, and SUbscribed and sworn to before me fit( I rlt L, A-'U/ /10' by f'J.n',I.'M' ~. Me....l.n No ~e..-. .Jc.~/:'I-A.. :... ''>''~1..:/1LL , witnesses, this /,J )!,S , and day of , 1992. (SEAL) UotanaJ 5e.'lI Robo"J, w""..~, NoI'!)' Flbic p,t.t>J'1lh. ,'<'...'wi C<>.Jn~ MtCc.mrr.'::.c". ~>c,~skJcJ 11~ ....-_.._--;.~ ._A f.i~r:-.~.:~, I>'.V~' .;I...h~I~)l,.JOI.w:III" .1...: ,._, APPRAISAL OF THE PROPERTY LOCATED AT 27 Derbyshire Drive Carlisle, PA 17013 ASOF August 1 0, 1994 FOR GOEHRING, RUTTER, BOEHM ATTYS. 14th Floor, Frick Building Pittsburgh, PA 15219 BY STEVEN W. BARRETT REAL ESTATE 124 N, Hanover Street Carlisle, PA 17013 Steven W, Barrett Real Estate 124 N, Hanover Street Carlisle, PA 17013 (717)243.6646 August 17, 1994 GoehrIng, RUller, Boehm Allys. 14th Floor, Frick Building Pittsburgh, PA 15219 RE: Property. 27 DerbyshIre Drive Carlisle. PA 17013 Nancy Romberger Estale 94-0711 Borrower. File No.. Dear Sir or Madam: In accordance with your request, I have personally Inspected and prepared an appraisal report olthe real property localed at: 27 DerbyshIre Drive, Carlisle, PA The purpose 01 this appraisal 15 to esllmate the market value of the property described In the body ollhis appraisal report. Enclosed, please find the appraisal report whIch describes certain data gathered during the investigation of the property. The melhods of approach and reasoning in the valuation of the varIous physIcal and economIc factors of the subject property are contained in this report. An Inspection of the property and a study of pertinent faclors, includIng valuation trends and an analysis 01 neighborhood dala, leads the appraIser to the conclusIon that the market value, as of August 1 0, 1994, is : $205,000 The opinion of value expressed In this report Is conllngenl upon the Limiting Condlllons allached to this reporl. It has been a pleasure to assist you; If I may be of further servIce to you In Ihe luIure. please let me know, Respeclfully submllled, Steven W. Barrell Real Eslate .-0,,,.. vXU DIANE GILL PA Certification #RL'001579,L &'nu W RI'ft~ flullll,', (limn 66" C06U' Prop."v OuerlPtlon UNIFORM RESIDENTIAL APPRAISAL REPORT FII. No. p,op'''Y^',dltn 27 Derbyshire Drive c'ry Carllule SIa" P^ 7,pCo," L.g.'O"'''OIlOn Deed 800k 3~-X. Palle 17. South Middleton Townuhlp C,"nry Cumberland s As~euo"'_~arce!No 'IO~09.0533.049 141VUI 9'1/95 ltLbles S 3200.69SpeclalAssflsmenls ~ Dorrower Noncv Rombpro....r P.r.tatc COllenlOwnlJ' HIH Romhl'rp....r Occupanl Ix lowner f. i Tenanl ~ Plopeltyllahlsappralud I XI Fee Simple j Ileasehold Proltc'Ivpe, I PUO I ICOndOmlnlumltWONAOnlYI tWAS NA ~ N'lg~bor~.o_o.dorProjecINam.. Mayapplc_ Maplte!"ence 09..0533. Censusltacl 012~IOO Sale Pllce S Nu Dale 01 Sale Na I OutrlptlorHlnd Samou~Iol.loan.~_ha.rge~/concusl.ons .10 be palll!:')' S~lIe!._ Na Lend"'Chen',Goehrtnll. Rutter, 80ehm Adolt" Jllth Floor, ,Frick ,lIuUdlnll, Plttuburgh AOOltll" DI^NF. GII.I,/s.W,MRIU,TT Addlt" 126 Nortb lIanovor St Carll"lo P^ 17013 locaUon ~ Ulban X Suburban ! : ftural ! Prldomlnanl ~~~It '.mllr "oUIll~[ Pr...nlllnd un" Lind un chug' BUill up _ O,,,7S'lIo J{ 15-7S'lIo ._1 Under1S'lIo 'Gecup,"" StOOO) IY"I Onerm'y 60 L~NOll""Y:_ !L""y Glowth Rate _ RapllI ~ Slable 1 SlOW. I flowner 90 low _NoW' ,." lamlly 0 [X/lnprOelll PtOputy values _ Increasing )C. Slable j Declining ! ----11 Tenanl .~~.:l.9 !U~~._ ~J._ Mu111.famlly _ 0 To:, rcs.iden tiaJ Demand/SuPply I-- Shortage 1..'5.. Inba1antl~.: ovelsupply! !JI!. V.Jcanl(O.S"1 ......_..IPuld.oml~an~[__ Comme/clal 5 MllkeUngtlme I Unde'3mos,~ X 3.6mos l Over6mos i r IV.1Canlllllf'!l\)i PtS 15 Vacant 35 ~ .- Holl: Ran and Ih, "e1,1 compollllon 01 lh, n,lghborhood '" nol .pptlllllflCIOrl, . N"ghOC,hGG' bGund"i" and Ch""""'IIC': ,Bounded on the nonb by ,Route 81, on the south by Bolling SprlngD. ! ~~Io~t-~a1.c:tt~c~.I~.y~;,~r~~I~:~~~,;ea~~p~l~e~ '-l~hl~e ~e~g~~;h~~ (~~:;~I: ~oeOmdpl~y~e~i-.~nd amenlil~s, emPloymeni- S'I~biirtv,-~Ppe;I-I~~~a-rket. elc): H & _S~bjjl!:.t. )D_tp~a,t!1d,Jn.. Mayapple ,VlIlage. a gol r . courue,_ communJty between_Ca,rUDle_and J!oUIn& ' nSprJnSD"_,Acceaa_,,tO,all. amenltloaIa within a uhor,t drlvJng ,dlatsnco, ,F.mployment_~u._,,,____ i ~.~ver~lUed~_p~~-~B.tabJ~, J\~~~al ~o ma rkot_1 u a ve rsge_ to g~~~~~_S~~^~2"O,::=~:u=:":--~:~:- _: _. __ 9"'0711 17013 IcHO.OYr I I Vacanl IMo Market cOncllllons In Ihe Subject neighborhood (including suppOtt 101 the above conclusions relaled 10 Ihe t1enll 01 Ploperry values, demand/supply, and mllkellng lime .. such as dala on complllllve plOperlits 101 sale In the neighborhood, 1I1!SCltpliOn 01 Ihe plevalence 01 sales and finanCing ConCessions, elc,); .!'.r.Qp.enY_llJlhB_!'El.cQrJl 1>. _snd _..MLS. I> ta t 1 ut Ic u I>how_,.s _l>teadY..!JlO~1l r~,te_Inc res ue_JIl,_p.r.QPe r.tY__Vjll \lea ._ .QY.er-PJlD,Ly,IlJl L__I\V.!1!:sg9_ mark!1~ lng t I me _oJ_SO :.1.0,O_dsy u _In_prea. ahows .JlnSOO,d _bsJsn_~o_of _uupp ly,__ JlJ1LJl9!!1PJld~_F_llILj;JlJ~a_snd ,f InPnc I nf, conC!1a U I on,u, are._neoded_1 n. .neJghb,oJ'hood, __._, '____u__.__ _. '___m , Prol,elln'orm,lIon ro, PUOI (It appllcablel" Is Ihe develop.r/bulld.t In conltol ollhe Home OwnelS' Assocllllon IHOA)? ,L_l VIS _ LJNo g. Approllmale lolal number 01 unllS In Ihe subject proJecl tl8________~. Approllmale 101.11 number 01 unlls fot nleln Ine Subject project t!~_____ . DescrIbe common elements and ,eClullonal facilities; No DImensions .S_~r:_~_t_t~~h~d_p.lQt.. from _.t 8x._map ,._ s1 t_e __f_r.om_.,t~a x~l;'c~d_s_ Topography _Le.vc.1..,_.___________._ _______ SUe area ~.J!t_ltc;_rJ~_____~.__..____.___~___. __._ Cornet lol [~VIS UtI No Slle _'ry...Pi~ElJ___fQJ"~_p;_r_~o"____.~.~_ Specillc lontng classification and descriPtion ._..R:.1,,_R.csJ.d~nt~81 Lo_\ltJ!_qnsi.~y___ Shape .Ixr.~gll..:1._~.r_"._____~___ _ _ ,_. Zoning compliance [~lleoal 0 legllnoncon.'ormlno. (C'I~a'I!.e'e.a.1I1 0 Illegal D. NOlOnlng Drainage _A~~.quat.e__. _~._______.__._._._ . J!!ihesl & besl use as Imp,OY_~Jiliese'!L~_ [J_gt~e!.l!s~_I~~~~I~____n____m___. View OJ:1H~.r~_~CE:;,i.9J!:!1~t~ll J\_V_~~8g~ s UIIIIIIII Public Other OIl'llI.lmproVlm,nll Type Public Prlvale landscaping _G9_od..____._ _ __._~____ I Elltlrlclty I slreel ..H8cada..m._________ ~x j DtlvewaySurlace _Hacadom~____ . Gas X ___ Curb/guller None_____ _.____ Apparentl1semenls None Indicated Waler X Sidewalk Concrete __ ____...__._ X FEMASpeclaIFIOOdHI;atd~A;"I-~--- -- DYesTxJNo~ Sanlla'Yse." X ________ Sll"'''ghl' lIone_u_~___ ___u._. fEMAlone C__,__n M.pO." .1lL4/SJ__,_ ~~msewer _ X ____~____ Alley _ _ ~ _None__~_____ _....__._._. _____ g~~!~~P.~o,__..--'1~0.3J.1/\._.__.___.___.__ Comments (IPpaUnl adverse easements, encroachments, speCial assessments, slide areas, Wegal or legal nonconlormlng zonmg use, elc.): _11Hu-:_e_~L~_ra9__ JIJ!PJt.rcnt 9:~ty"~"u.~~e_~~.J;_f;!~.eo_ts 1.__e['lcrqocl1mell~~..~.oJ'__o_t_hc.r__9:dvers~_.<;.o!ldi1:Jol1~.!n.. ___ "___ __________.____ ____ "" = GENERAL OESCRIP7ION EXTERlGR OESCRIP7ION No. 0' Units _._ 1._._..~___. Foundation Conc r.ctc Bloc.k NO.olSlolles ___2__ ___~ EltlerlotWalls Vinyllnr~ck Ty" (O,UAIt) po\:.scl!!1d" ROG'SUO'''' Sh i nlllo, O'''gn{S~'') ,_2n~toJ'Y, GUll",&O.nspl', _MumInum.. EIIsllng/Proposed ~~_tS:.t....l.Qg_ Wmdow Type Doup,l c. Hung Age (Vrs,) _ 1____ __ SlormlScreens 'rhcrmopa.ll.c ElfecUve Age (VIS.) 0 - 1 Manulactulld tlouse No _B-O_l!..M_S~_ __f(ly!r_~ ~l.ly~~g 1__ Dilling Kllchen _B.!~~!!1~.~ ____.____. __ .___._. J:!Y!!..!--_ _:It;~ __~L ____~J ___. Den fOUNOA7ION SlaD None_ _ n_ ~ CrawlSpace Portiol~. Basemenl .Po r t ioJ. Sump Pump Ycs.__ Dampness "J~one~J)bs '!._ Selllemenl Nooc___Obs~!__ Inlulation None Obs. F~m_ity A.m. Aee. Am. Bedrooms . _ _A!~a_ S!1: _F~__ ._~ . _______,_0,: ___ ___I. 9~8._ 'n___~S.5. _ BASEMENT Area SQ. ft. %Flnlstled CelUng Walls Floor OutsIde Enlry ,NSUIA7ION Rool Ceiling Walls Flour None Unknown '0. -0' No No No No .---- l- . -~ f-lI ..--- .1\ ~ ----1- 1 , C . I I G . . r I _~e~!!,~_"_ ____ ..._ " : -F-Inj;h~d-;It;-~-'-;~~ Ugrad;-~~~la'I~~: 1..__ ..-] Roo~s: 3 BedroomfS}; 3.5. . Bath!S): 2 533 SQuare Feel ~1'G;~-~-LiVJng Are.1--- Q I INTERIOR MalellalslCondlllon HEATING KI1CHEN EOUIP, ATTIC AM(NlTlES CAR STORAGE: ~ floo.. .___Csrpgt!YJnyJ__ ly.. GII^.. R""g""or L) None -=-. f"'P""I'I' C__,_.I.~ NGne [] ~ Walls ._J!a.~l-!___.-u___ fuel __Gas _____._ AangelOven 4 Slalrs _ Pallo ______. ___. J;. Garage s T,lmlFlnlsh __J{o.o.d_.___~q_~,.< CoMlIlon ..9_(~)(:~d__. Disposal ~ DropSlaJt ...! Oeck "_____ .__.~ Attached Balh Floor ._----Ytr:!YJ____..._._.__ COOLING Dishwashet r:~ SculUe ,_ POlch _ _ _.__ ____ _ Ji Del.1ched __ _____~_. BalhWalnscol___Dx~olJ___.__"____ Cenlral .Yc_s _ FanlHood ~ floor _ rellce n___n'~__ ,_ Built.ln Doors _ Wo.ocl__mm'_ __.. . Olher ~a.. H" MictOwave ~~ tleated ,.-. Pool __~.. .. _ Carpon Good Condition Condillon Good Washe,lO,.,.er FinIShed Driveway -2lH~~---- ~ Addlllonal futures lspeclal Ineroy etllclenlltems. elc,l: Gas flr~placc., .~rc8J'.__P.~tJQ.,_c_ar~~ic, .foyer.. __ __'n.. .'_____"'."_'_."_'_' C f' 'co;ilil~~--~i'--Ih~-' i~p.r~:~~'~~i~.-d~PI;~lallon i~h;s'~al. 1~~i;~~~I, 'and-'^'-lle;nal}:. ;;p~.ir~-. -~~;d;d, ~ Q~~II~-~l cOnSIfUtllon, le~~d;ll~g/~ddlll~n-s~-;I;,~'-.. -- ---~--_.-- : Imp !:oyemoncu , are"Xn..goodconditlon wltb. no. pby,l>lcal or functJonal InsdoquadcJl,_apps_ro~,i:-,-.:-_--= , . 1 5 Adverse enVllonmell1.11 condlllons (such as, 1 Immediale VICinity of the Subjetl pfOperty: I .(Baths Launllry Olhlt_. .1 I __1 2 __ __.2,5 _ .._I _ 101 calS .L..___ m__ . but nol llmllell 10, hal.1fllOuS wasles, IO.lt substances, elc.) prllsenl rn the Improvemenls, on Ihe slle, or In Ihe No adverue onvlronmentsl conditions ore apparent/dluclosed, I '!~1I ~ "'Ii; III"T. 10 6 91 'Jr.1I I'Afill(JIl ~,{'''.Ir 'r:. Iltl Il'n I"n'nl 0"1' IflQOI ~i] Oftn h'~el.llOlo'''IOO.16 9]1 Coso .: VI'Ulllo.I,,".. UNIFORM RESIDENTIAL APPRAISAL REPORT File No. 91,. 0711 [STlMAffO SIT[ VALUE ... $ 1,0.000 Commenls on Cosl APPIO,1Ch (SIICh as. sourCl 01 CDS! esllmate, [STlMATtO REPRODUCTION COST.N[w.m tMPIIOV[M[NfS: slIe value. I~uafe 1001 calculallon, ,lnG lor HUD, VA and rItlHA. the C Dwelling t.533._ SQ.f1Q$ 5'1.00.$ 136.782 eSllmaled remamlng economiC IIIe 01 the property)' Cost new i ~~~~Ploce}p~~1:i;~~;h 10,00 l;:~~~ i ~~~:b~~~S~~~II~~~itc~:~u:~~~~s~:~~~~~ ~ GlIIgIlCarpo'1 ..-'163 Sofle$ 16,00 7,726 I value. from Horket, Data ,Comparison. t TotIIE.llmll.dCo.INlw ",,,..,.$ 162,O~0 I Depreciotion bosed.onoge1He observed ~ LIII 0,6% PhySical fun chona' E"lfnal i condition.ond .Horket. Data Anolysls. ~ D.pIIClallon .,._..I..,ood. L . $ 1.000, i Estlmoted,Remoining I!conomic, Li fe, ~~. 60 OlplltlaledVlluloflmprovemlnls .$ ____161.050 I years 'AS.ls'V.luloI511elmptoYlments ..',......,.... .$ /1.000 .~ INDICATED VALUE IT COST APPROACH'S 2 : , ___-',T~M__..Jh,,_SUB1,ECL ..COMPARABLE NO.1 COMPARABLE NO.2 COMPARABLE NO, 3 27 Derbyshire Drive 10 Derbysbire Drive 6 Whitley Court 22 N, Acorn Drive _A~dl.!.!__Cs.r.1id ___..__........Csrliole Csrlisle., Boiling Springs. J.!"'''''.!!Y_I~S~bj~J__ __......_.._._. .1i,B.I!lIL~.tr.!1,!1Jt. ...~....!J\.l.I..!L-.J . Lm1.llL""J.' ".- _S!Ie' Pilei... _...._". S.___..___ No" ....,......._.._....... ,$ !,_.195 ,llll.O _..............._..._ $ [__.)..6.>...,2.00 ___._- $ r..itO.z.~OO_Q. J'!ICllGro!!1~'~"__...L..__"BO,93_rfis,.92,16 'II ~9.9L __..$__. BO,I'21/, Z9,.89..__, $ _B5,6BI/I1.29...9.L. Cllaand/or Inspection Courthouse Records Courthouse Records Courthouse Records _V~!lrlcltlonSou,C1s __ __._.~___~__. .___ HJ.S_PS_t.8_ ^pprais_c!"~~_s___1)_8_t8____",_ MLS,_,D8tJl__.___"_~___._____'m 'LA1~L~j.!J.~TMENTS DESCRIPTION ___ _ __.Jn~~_RW'!O_N .__.___'JI_S~,~'!~I_~~_ .__ DISC_R~~!.Q!,,__ _... ~t-HA!j.'l':~~~__ u__Q_~~C~!f.!LQ_~__1~J~!ttj~_'l!~!!.__ SallSorFlnlnclng None. Con v : None, Cony ! None. Cony : Contlnlohl ,PQ!Ll"BL__.,,___,L._.. _".___. D.OH".1n_____L._. __.n_ J19H...!ln!<J1QWT1 _;___ _,,_... Dale 01 S.aI,tTlme 8L2_0.L23. ~_~__________ _2/_lL9.~_"___,.t_.--.~_~- ~L9L__.!..--_____~ Location _v..e_r~1tt:~_ .h.y.e"r_a_ge__+_!~___m+__+_..^v_e t"IlBe._---L_____ Av_f.!.rj1&e___>_L.________~ Luseholdlfet Slm Ie j'.J;LE:_S..lmp},e__ ~g~L_Slmpte.__:___._.______ JLe_<!:_SJJIIP_t~L_L__.___.__ .f~e_SJ~pJ.~u._ :--- -----. SUe AYJ~r.~&e__.____ .l\Y.e.rp,g~_______1____--,---..-__ AYcfage__L.___________ Ay.eJ'~ge___i_-.-.m.m- VIew A~~~_a&e___ lw_(tr_(l&~~~___L~__ _._______ ^v.l!r~age___L __ _I\.~~_r~ge_._.__l________ Design and Appul 2 S~t.QX.YIG_QQ_d.. ~J_tQJ'YLGp99_L._______ ___ _Z_S.t.9J..Y.LG_Q.Q.d_~______ _~_S_t.QryJ_GQ_o_d.i___~_ -- ~ Df Constfuction A,ver@ggLG.09Jt _1\.v.~J_~&eLGo.o~-L__.~__ .Av.eI'~geLGQ_odi-.____ _A_v.~.r~ge l~~Q.~uti___=-~_- 1 ~]' 1 YeJu'__ Ife.wnn___.:__.___'" .tlc.W_. : .-- Rew____..__,___..__, L Condition Good Good : Good : Good : \ AboYeGrlde -i~;-1 SlIml i 811~1 i~;I'I-rBc~-I-r;;;;-t~.---,--- -j;;1 :-~~-;;;-!-----I~ll~-: &dml r&t;;-!-----~-- cRoom Counl .LlL.L3.. ~ ...iJ::::3-=r2.~~~--.-+2_:-ooii. ::::0"41 w: +2,000 .L~_-=-'TI::j-.:+2, 000 ~ O,...lIvrn Are. l...'i.3.~_..!.qJ!._ .~..JJ6_..!0,!Ll.___tl..2 ,,~O.O .2..Z6_2_.~. ft,: +!l..100, .2..!lJ_~J~I!~L-.:!:3..~0j)" : O",monl&flnlshld Portiol Bsmt Full Bsmt : '1,000 Full Bsmt : -1,000 Full Bsmt : '1,000 ~ Room.OetowOred. Unfinished Unfinished i UnfinIshed : Unfinished : 3 Funcllonll U!!!LIL_ Ay-cr~&~---' ---~ ~AyJ;~t:~ie--- ---=-_~=--=== A~~J:~sg~-m - --~--=--=~_~ ft=i~~~g~=-.-1_==-_.-_~~ . H.."nglCooling GHA/CA __. .FJ!MG.1L...___i__.___ X!!!\LCl\. :.__,_ )!.t,J'ump/CA ; ~ Enlf EHlcllhlll,m. ~_!1,!!L-_ '!'yp.iJ:oJ_--'__.__..___ 'I'YP,i,~o.l _ TYPJ_~ll.L...........L__.__ A Garai!LC~rl 2 C~.r_G~_J.:E!&e.. .~_.G~.r_Gar8gQL_+___.______._ _2_~C!lX_C;Jl.!'.ag~L_ ___~____ .2___C.aJ"_Y.prJlgel_______ ! Porch.Plllo.DlCk. Porch/Patio Stoop/Patio i Deck/Porch i '1.000 Deck/Porch i -1,000 1 f'''PIICI('I,I!::-_ LrJrepl!l.~.e_ _L!'Jn',pJa.ce__i_,_._.____... .LFJrc\>l!!,!;,e_L__.L~.J__".cpl.ac;,c._L__._ Fence, Pool, etc. None None : Nonc : None : _. __ .~..-.,~_._--~--~- ~~-~-----t---_._--'- .-~_.~_. t Nil Adill!!') '--'--'-'''''-'--- I~L. ITls_l--=ii,s'oo ITL;-~_[TIs'~-=j, 1Jl.o: liI':;:::::O=rs _: -.=3.~P~: ~I~~~g.~::~: Price _ i~.~:"'~_:':.l._ ~OB.,.~.oO_ i;~~_n:..;n~iJL_190..0Jl'O ~.:.~.:_U.~.JL.UO. 50.0_ Comments on Solin Comparison (Including the sublect property's compallbllUy 10 the neighborhood, elc.):W!1:J1__adjustmcnta.,L_a.~J_____________.._+.. .~9tIlP8~,obJe~._o-,,-e.8~~,ep,toble..for. .this.ono,lysJs, Range of .Voluc,_~s,_$19.o.000 ,to $210,,500............,_.___.__. '.!:9)1l'paroJ>J,,e_j!."..~Ls.ch.e.d\!led..1'9.r,,~Josc..on..AuBust 19" ,1991", __". ,,__._. ,..""""._____u______ -+----_._---_._--~_...- ._,,, ._...~---_._+.._--_.._--_.. ~:~!~:~~,[~:"~::: ':0, ~::;;:-:~~~::". ...i ~:"';:~::~;;:,'~ ~:":~:~~~,~~-~ Analysis 01 any turrent agreement 01 sate, opllon. or IIsllng ollne subJecl plOperly and analYSiS 01 any pllor sales 01 sublecl and comparables wIlhln one year 01 the date 01 appraisal: !!lLcjl_r_LenL!!gLe_emgl\~_o.L~o.l_e. 9Pj:J9.LorJJstill&.of. subJect,,_____.. .---,.. ,--.-- -..--.-- ~+-~-_.._-----_._._--~~---- INDICATED VALUE IVSAlII COMPARlION APPROACH .."...",,,...,....,...,,,,,,,,,,,.,,,,,..,,.,,,..,,,...,,",...,,"",.....,, S _.2Jl5,JlJJ.Q._.. INDICATED VALUE BY INCOME APPRDACH II /Ioplicablel Ulimated Markel Aent S No /Mo.. Gross Renl Multiplier N . S N This appraisal Is made X 'as Is' subject 10 the repairs. alluaUons. Inspecllons or conlllllons !Isled below __J subleet to complellon per plans and specUlelllons. C1hdlllons 01 Appraisal: 'r~ r<;1p,c r.~y....h!!.s..Jl.-".!'lL.ll pp ~-".is_e,d_~ll__<; \l.r.r-".n,L<;.OJl<l H,l9n.c, ".. S.c,e _O,1;j:.o.<;,I1-".d...lld"d_~nd um--'---__ -il'" R;concltlltlon: !=:oiunUla:~~~,,^~~YJlI~-=-cci~s:is~:elltly::suPPO:;::t=--~..:g::titI~-;'1:;;~-;;;.'Lk~ -voJ,u,e, QliH----- = lm,o_lYJ!.ill W. s_f9U,Il_d__inapp, r.OprJo.t.-"__ f 9.< . t.lll,,:, ,ana, lyo 111.,.. ,G r, co ~.e.s ~.w.'tl.&h t..i ~ _' 0 PP. Ue,lLt_Uh.<",l1.o rl<,e_L__ & Jl..a.t.a_.Ana "l,YllJ,,-,_)1Y\>P9 r t in &"fJle __.1 nJ.<;1~-'l1ot ,i.01L sY b.~~a!lt.iaj:. e-",_ t b!!-".e .."l!.t_illlJl_~-""..,___ . n"_._ -- _._____,,___, It The purpose 011111s appraisal Is to estimate th, market value 01 the feal propefty lhalls the subJecl ot this report, based on Ihe above condlllons and lhe certification, contingent f and Umltlng condlllons. and market value delinlllon that ale staled In the allached Freddie Mac FOfm 439/Fannle Mae Form 10048 (Revised ~.L9J________). I I (WEI EITlMATE THE MARKrT VALUE. AI OEflNED. OF THE REAL PROPERTY THAT II THE IUIJECT Of THII REPORT. AI OF August 10, 1994 ~ (WIIICH II THE DATE OF 'NSPECTlON AND THE EFFECTIVE Dm Of THlI REPORT) TO IE I _lQ?".Q9..0___...,__, .,- . .~.---"-----. ~ :~;~~:~ER: H~'\\'L..._ )~_...\L :~~:~~:::Tr:A~IE:~?T~F:E~U\REOI:~~.L~ [XJDld DDldNOI Naml . DIANE OJl,I, n _____h N,m,. STEVEN..W ,__B.toRRETI.SI\A ,SI\PII InspO<l P,oparty Date Reporl Signed ^ur~UG t 10, 199/t Oale_Rep~fl Slon~d^ugUGt. 1_0 I 199'1. Stale CII!lllcaliOn I RI..001579-r. Slille PA State ClIIlllcatlon/GA-00029S. L Or State lIc.n!HI , Slale O,SIaleUcensel RR.026921-A I 'rc~ . "'It I U'1I /06 III l'AC,12ll12 5'ht"W 1\.l"c'illfllll'l"t (111}14] 6646 Sial' PA Slale PA 1I"et,lleI0'''"lOO4169l) Ilel! FlloNo 9/..0711 ADDIT!9HAL COMPARABLEB_... ~~o,,~;i~~~~:--N'"an~Y' "_Rq;b ~.~ii~'~ .~ES' t 8 t c l"i"'ty,Add,m ~1.Derbyshlre Drive City Carlisle . County. 'cumberland lond'" GoehrlnR, Rutter. Boehm Attvs, . _._,I!~M." ....1-,. SUBJECt. , .COMPARABlENOI 27 Derbyshire Drive 56 Derbyshire Drive !~'~_G.s.rHl!le,~,__",,_.___..__ .CarJ.Js.1.e.... ..... 'm, .__. _..____n .. '''..,.... nn._ H'_,,__. __._.". !!~.~~IyJ~_s~~J~lL~_ ,__ M.!!!!-!.trg.gjt __,_u__,_u, .'_ _. _.... _....._.__..........]_____~_..., ..__._.~. _~ ._.._......._,_.___._._ .:;:;;,;i;~;Il",A;;;- }-...80~9~!'I/J's--88:02~/;[.30.:.~"}.,,9,,9-9,, s--~/Jr--- s . "f~1 '.' .... ". ___..'____n_. ..._._,......"". "..,___" ,m ... , ____ ,_...",,_.___, __. . __.__ Ollllnd/o, Inspection Courtbouse Records "'y!!1I1C1UonSourE.'~__ _ ___ l\pPJ':aJ~~~~!l_J!~tJL __ _______~_____ VA~~E ADJUSTMENTS DESCRIPTION __ _..!>!~~~~r~o~_____._ ~U s_~~!,~_. __D.~~CRIPT~Q.L-..-tlJ.~!~'~1 SI'..olflno",'nl I Cl.Csta/Convi -5,238 i Conem'o", DOH Unknown : : 0'1' O'SII'trlm, 8I1D/94{ . . "8794' "'---..- .r......... location _Averaae AV~~~~B~===r=~.==--=.= __ lI'"holdIFlIS'mD" Fcc SimJ.>JJ!_,!'l'U.J.mPl.'!.__1_, __.__ 511. __ Averqe . AY~!:@B~__~_._-!.______ VI.. Avera8~___ _AVIt~B~_.___l"___~_ t--- D"'gnandA,pcI' 2 Storv/GooQ..~t~.Yl!l_09_d,;_.,__,___t-. ouail;;"con'IrUCl~n Average/Good AveraRe/Goo~i___ A-, I Yesr 2 Years : Condition Good Good ------1 " Abov. Grid' IDIII Be"', 811ft. total Be"', 8lI\~. : r-~ RoomCounl 7:3 :3.5 7: 3 12,5 : G,o.. UV'", A'" 2 533 SD, n, 2.204 So, n, : Du,monl& flnl.hll Partial Bsmt Full Bsmt : Room, BOIowGlld' Unfinished Unfinisb!'.~ functlOnOl Utllllv AverSRe AverJl1le IIlItln-lCoolI", GHA/CA FHA/CA Eno'.. EUlClonlll,m. I Tvoical Tvpical GII'-'ICIIMIl 2 Car Garss!!, L.Csr Gsr~se: Porch.PllIo.DICk Porch/Fatio Deck/Porch : flll,II"', 'Ie, 1 Firel'lace 1 Fir,!p'!!!,<;e ' flnCl, POOl, .Ie. None None : SIal. PA lfpCode 17013 COMPARABLE NO, 6 COMPA~A~lE NO, 6 DESCR'PllON """h'lI".~1 -- : 10'.1' Balli' 811ft, : ----r-----...-----t +2,000 : : I +9,900 sg.n. : . 1 ,000 ,..' Ballll 811ll. I " I . , , S',ft, : , 1 -1,000 N'lAdl.llOll1l AdlustedSalu Prltt "i"" IXI . I I, s i"i ....... Gropp'9,9lr.j I> "". ,.' Net' "2.4~1 Na Courthae Rec 4.66211 1+ r l: s Gross,<, 1II 198 662 N",t:' > ';'.J II I. I I, S G~os~.p;c.:\.{t..lII Net::p:::"{-,.<.; ,'-;;'~ Oil', PrlCl Ind 0111 SourCt for prlorlllu w1thlnvllr of IPDIIIIII S'tft~W ~rrt~RtI'II'I:'ll1m4J6U6 SKETCH ADDENDUM NANCV ROMBERGER I,STATE Rh1re ILT"'lvt! Cnrli sIn County C~m;;;bnr1Ilnd Dn.ehrina. Ruttgr. Boell_- AttorneV8 BorrowerlCllent Pro rt Address City Lender J \4' : l- I PA Zip Code 17013 5,e,e I r '-\j\ \\ Cj \ '- ..:.~.I i1.t. "fP "...--_.~"..... '\'~" I.. \.-. "'h Il... v. <t.., .....r - 'i1:. <>-. ~'\-.... \c !..IlV,,",- ~ - It"'~.~ \-.\0 .J ..\).~......... ":\ "TI, ck 0( loA.. . I' Of':'", ,,' , I.' .,...,.,.).", f"- -::.\:~, r ~~ ~.u "\.7"'l) -r- - 'P"",I.."-. \ ._--~--- ~'~0 FW'73A e 1980 Forml and Wotmllnc. 315 Whitney Ave" New H,..,on, CT 065" All Righ" Aeaerved '(BOO) 2.3.4545 tlrm. 1129CO '(4) """ At, . 1Q ISI II,IJ8"", , ~" ~ TIMeT.I I 156.6JAe. gg TRIIOT... 88SAd TRACT -II ~ , S, W. IIt\RIU':TI' ImAL ESTATE APPRAISAL SEIn'ICES Borrower/Client Property Address Cny Lender NANCY H(l~IIIEI{(:EH ESTATE 27 1l~I'hv"hfn' Ilrlv~ C;llrllHle County Clll1llH~rllll1tl (;oL'hrlmt. Hutter. "'Udllllt Attornevn Stale I'A Zip Code I 7111 J AI'PRAISAL ADDENDUM SI'ECIAL CONDITIONS lhe (olhl,",'in, l:ht'drd itcm. Ire ipc'nfic "'It'd,,1 nNlllllil"" Iha' "tit' hlrnllfit'J h)' 1111' ""pnill'l dunna: Iht' iU1ptl;III"ll'llr Iht' 'uh)C'(ll'lllI....n)'.lhr (I'I1I'.rat~t' ..lrl. and thtir nrl"hl....whuUr.b Ilnd 1,\I,:llium, Unit''' nlhrf"ilt' 11Iltrt.l, Iht' ~uhlllilllU Ihalll'pl)'llllhc luhjrl' J1llll..rf)'lIf lht' ll.mparahl"'lnt'd UO NOT .U('{llht ma.hl valur I'll' tht' future mar\rlahllil)' uf Iht' lul1jtl'll'nll'lt'1)' ttc'in(: '1'I"II\('d. 11.1' i. 11111, h"lIt' ilU'l('l'lilln "'n'il\'. 'Illl' il an IJ1I'I.iul hi rlUmllt m.rkrl \'.Iut'. IJ I.) [J 2.) D 3.) 0 4,) 0 5.) 0 6.) 0 7.) 0 8.) 0 9.) 0 10.) 0 II.) 0 12,) 0 13.) 0 14,) 0 15.) G3 16.) 0 17,) 0 18,) 0 19.) 0 20.) 0 21.) 0 22,) 0 23,) 0 24.) 0 25.) 0 26.) 0 27,) 0 28.) fJ 29.) [J 31l.) [I 31.) Ilalc n,e suhjccll~ located ill u rumlurcnnud i~ less Ihau 2~% huilt UI', 1111~ wudilioll i~ Iypicllluud WUUIIOU for Ihe urennnd DOES NOT nffccllhe markel vlduc lit f1uurc u",r1<elllhiIiIY of Ihe suhjcct. Commerclnl/llldu~lrialuscs urc locmcd wilhlulhe suhjeds ueighhmhlKKI. Thcsc u~cs nre Iypicnlof similar IIcighhorhlXltl~ and DO NOT affecllhc markcl vnluc IIr fUlurc mar1<elllhilily IIf Ihe suhjecl pnlpeny. Vacalll aud undeveloped luud u~es urc hx:nlcd wilhinlhe ~uhjecl's ucighlKIlIIlKKl. 11le",", u~e~ arc Iypienl for Ihc urCllnud DO NOT affect the murket vnlue m fulure mnrkel:lhilily IIf Ihe suhjecl prnllCrty. The pretlominaul value in the ueighhurhlKKl i~ les~ Ihaulhalllf Ihe mar1<cl value lIf Ihe suhjecl prnpcrty, nlis is tlue IlIlhe very wide muge of value lIf pmpenles iUlhc alea alld supcrillt 4U:lli1y IIf Ihe suhjecl prnpcny. nlis cOllditioll DOES NOT aITect the markel value lIf Ihe suhjecl or ils fUlure m:ukelahilily, The ~uhject prupeny i~ locnled ill u F.E.M.A. Ideulified Aooo ZlIIIC. 11lis condiliou DOES NOT affectlhe markel value or future markelahilily of Ihe subject wheu nlKKl illsumnce coverage i~ re4uired. FllKKllusurauce i~ sU8gestcd. Dampnes~ i~ nOled inlhe hnsemeulof Ihe ~uhjecl. 11li~ condllioll i~ cousidered typical ill dwellillgs of this style and DOES NOT affecl markel valuc lIr Ihe fUlure markelahilily of Ihe suhjcct, Slauding or ruuulug walcr was 1101 pre~ent ou basemenl noor. n,e suhjecl propeny is serviccd hy privale well This tloes not affect market value m fulure markelahllilY, The subjecl is older than five (S) years old. All mechanical syslem~ iucluding Ihe healing, electrical aud plumhing systems appear upon a visual exlerior in~JlCCllnnto he iu working order, No warmlllies arc implied inlhis S1alemenl, Repair items were noted inlhe commenls secllon of the repon, These comments on repair i1ems are for descripllve purposes only and are nOI re4ulred repairs. The repair lIems 1i~letl are cosmelic innnture and DO NOT affeclthe markel value or fulure marl<el:lhility of Ihe suhject property. The basement noor is u dirt noor, Thl~ condillon i~ common :md Iypleal for the area and DOES NOT affectlhe markel value or fUlure markelahility of Ihe ~uhject, The presence of a dirt noor DOES NOT pose a heahh or safely bn7.ard. The subject propeny dlICS COnlain funcllonal ohsole~ceuce as nolcd in the report, 11lis coudillouis considered typical and common for the area aud Ihis S1yle dwelling and DOES NOT affecllhe markel value or fUlure markelahility of the subjecl property, The land value exceed~ 30% of tOlal value due 10 the high demand for vacalllland in this nelghborhootl, This condition is considered common and typical for Ihe ueighlxlrhootl aud DOES NOT affecllhe market value or fUlure marketability of Ihe suhjecl, The land value exceeds 30% of tOlal value. Thl~ is due 10 thc large ~ile of Ihe sile. This condition is considered 10 he typical and common and DOES NOT affecllhe markel value or fUlure mmkelahility of Ihe suhject, Individual adjuslmclll~ were re4uired Ihal exceed 15%. Thesc udjuslmclll~ wcrc re4uired due to lack of more similar comparahles onlhal individual ratillg. Alllhree compamhle~ nre Ihe BEST AVAILABLE. TOlal adjuslmenl~ exceed 25%. nlls i~ due to Ihe lack of cOlnpnruhle S:lle~ Ihal were more similar inlhe subject's markel area. Aillhree comparnbles are Ihe BEST A V AILADLE. One or more compamble sale~ nre older 11"," six (6) mOnlh~ old. Allhough Ihere arc comparahle prnllCrtles In the subject's area, noue have sold recemly.lhcrefore, salc~ ill exce~~ of ~ix (6) mOnlh~ old have to be used. Alllhree comparables usc<l wetC the BEST AVAILABLE. One or more comparuhles used werc ill excess of lIue (I) mile from ~uhjcct propeny. Although Ihere are compamble properties in the immediale area, none have sold recenlly. 11,ereflltC. il wa~ nece~smy 10 use compamhle sales oulside of the immediale area. All compamhles used nrc hX:a1ed in similar ncighborlnxKls and within Ibe Sntne marl<eling area, All Ihree compambles used werc Ihe BEST A V AILABLE. TIle eleclrical system W~L" nol conllecled during inspecliun. TIle water service W'l'i nul CUl1l1CClcll during i1lspcClioll. n,e healing sy~lem was shul down during illSllCclilln. Roofing Plumhin3 Eleclricnl Ingrouud swimming ",XII . OUI huildings leuder~ guldelincs. According (0 lenders guidelines u maximum or given no value, nle suhject pmperty is locnled on a privnle road. Wootllnfesl:lllon in~pection I~ sugge~lcd. La~t recorded deed tmnsfer: Dale . Considerallon: S ProJlOscd con~lruetion/renovalion in accordance III plan~ and specifiealioll~ 10 he eompleled in n workman,like manner. Seller is paying part or all of closing cn~Ls, 11li~ DOES NOT uffL'Ctlhe market value nr fUlure markel:lbilily of Ihe subjecl. All comparahle sules Ure verified closed ~nlc~. 11lere me uo special condilion~ or olher re4ulremellls Ihm would nffecl market vnlue or fulure markelahility in this Ap, ptlllS:11 RelXlrI. Olher: and seplie system~ which i~ common for Ihe area. Ih~atillg Included ccrtil1c:lIion is suggcslcd. .1\(11 includctl according 10 acrcs wcre considered [or Ihis \'idumion. Remaining ncrcngc was , , ;1 r. _-1..:L..- ' ~ _1_'--: Al'l'raisel Ilcl'iew Appraiser DEFINITION OF MARKET VALUE: Thu 010.1 probnb'o pricu whirh n proparly .hould bllng 10 a compllllllvo nnd opon markol undor 011 conditions roqulsltu to D Inlr 5010. tho buyor nnd 5ullor, oneh octing prudently, hnowlodgoobly nnd ollumlng tho prieD Is nol alloctad by unduD sUmulu&. Implicit in this dulinltlon 15 Iho conliummolion at 0 5010 01 01 0 spocillod doto nnd tho poning 01 (iUo hom 5uUor 10 buyar undor condlllans whofuby t t) buyar and 501l0r oro typically motlvntod; (2) both pOllio! DrD wall inlormod or wall ndvl5od. ond onch octing in whot ho consldors hl& own bOlt Inloroll; (3) 0 roosonoblo limo Is ollowod lor ollpo5uru In tho opon markor; (4) paymont i5 modo in lorms 01 co111 In U.S. dollars or in lorm. 01 finnnclol arrangements comparablo Ihoroto; nnd (5) lho puco luprOsO"I' Iho normol conlldOlallon lor tho proporly sold unolloctod by spoclol or croollvo finoncing or solos concosslons' grontod by anyono oSloclntod with Iho 1010. 'Adjullmontl to tho comparabloa mUlt bo modo lor spoclal or crontivo IInonclng or 1010& concoulons. No adjullmonts ora noculSlory lor tholo COltl which ora normally paid by sollurs os 0 roault 01 trodllion or low In 0 markot oroo; thOle costs oro roodity ldontifioblo alnco tho lollur pays thosu costs In virtually all &0101 Hanlacllon.. Spoclal or crontlvD financing ndjustmonts can bo mado 10 tho compornblo propurly by comparisons to !inonclng torms otlorod by a Ihlrd party Inslllullonal landor Ihal I. nol nlroady Involvad in Iho proporty or lranuclion, Any adjuslmont should not bo colculatod on a mochonlcol dollar lor dollar cost of Iho Ilnnnclng or concoulans bul tho dollar amount or any adJustmont should approklmato tho markol's rODe lion to tho flnanclng or concoSllans based on tho apprnlsor'sludgmanl. STATEMENT OF LIMITING CONDITIONS AND APPRAISER'S CERTIFICATION CONTINGENT AND LIMITING CONDITIONS: Tha appral.ar's cor II Ii callan Ihat apponroln Iho appraisal ropo'l Is sublacl to Iho lollowlng condillons: 1, Tha appral.ar will nol bo ,a.ponsiblo lor mallors 01 a lognl nnlura Ihnl ollacl allhar tho proporly baing appralsad or tho IIl1a to II, Tha apprnlsar a..umas Ihal Iho tlllo I' good ond markalablo and, tharoloro. will not rondar any opinions aboullha 11110. Tho proparty I. apprnlsad on Iha ba.ls 0111 bolng undor ro.pon.iblo ownalShlp, 2, Tho appralsor has provldod a skotch In tho appraisal roport to show approxlmato dimonslons altha Improvemonts and Iho skalch Is Includod only 10 a..lst Iho roadar 01 Iha raporl In vl.ualizlng Iha proparly and undorotandlng Iho appralsor's dotormlnation of Its slzo. 3, Tha appral.ar has a,amlnod Iho availablo 1I00d map. Ihat aro p,ovldod by Iho Fadaral Emorgoncy Manngamanl Agoncy (or othor dnlo sourcos) and has nolod In Iho appraisal roport wholhor Iho .ub)oCI silo Is localad In an Idon1lflod Spoclal Flood Hazard Aroa. BOC3USO tho appralsor Is not a survoyor, ho or sho makos no guarantoes, o'pro.. or Impliod. ragarding this dalarmlnallon, 4. Tho appralsor will not glvo tosllmony or appoo' In court bocou.o ho or sho mado on approlsnl 01 Iho proporly In quostlon, union specific arrangements to do 50 hovo boon modo bolorohand. 5. Tho appralsor has ostimatod tho valuo 01 tho land In tho cost approach at lis hlghost and bost uso and tho Improvomonts at tholr contributory valuo. Tho suparalo valuations 01 the land and lmprovomonta must not bo usod In conjunction wllh any olhor appraisal and aro Invalid If thoy aro so usod. 6. Tho appralsor has nolod In Iho appraisal roport any adverso conditions (5uch as, needod ropalrs, doproclatlon, the prosonco 01 hazardous wastos, tOMlc substoncos, otc.) obsorvod during tho Inspoction 01 tho subjoct proporty or thai ho or sho bocomo awaro 01 during tho normol rosoorch Involvod In porformlng tho appraisal. Union olhorwlso stated In Iho nppralsal ropo'l. Iho apprnlsor has no knowlodgo 01 any hlddon or unnpparonl condillons 01 Iho proporly or advorso onvlronmonlal conditions (Including lho prosonco of hazardous wostos, loxlc substancos, otc.) that would mako tho proporty moro or loss valuablo, and has assumod lhot Ihoro oro no luch condillons and makos no guarontaos or wa"anllos, o'pro.. or Impliod, rognrding Iho condillon 01 Iho proporty, Tho appralsar will nol bo rosponslblo lor ony such condlllons thnl do o,l.t or lor any onglnoorlng or 10.lIng Ihal mlghl bo roqulrod to dlscovor whothor such conditions oxist. Bocauso tho appralsor Is not on oxporl In tho !lold of onvironmontal hazardl, tho approlsol roport must not bo cons Ida rod as an onvlronmontal oS&ossmont of tho proporty. 7. Tho appraiser obtalnad tho Informalion, ostlmatos, and opinions that worn oxprossod In tho appraisal roport Irom sourcna Ihot ho or sho consldora to bo rollablo and boUovos Ihom to bo truo and corrocl. Tho appralsar doos nol assumo rosponslbllity lor tho accuracy of such lloms that woro lurnlshod by othar parUol. 8, Tho appralsar will not discloso Iho contontl of tho apprainl roport oxcopt os provldod lor In tho Uniform Slnndards 01 Prolo..lonol Apprnl.nl Prncllco. 9. Tho appralsor has based his or hor appraisal roport ond voluation conclusion lor on appraisal that is subJoct to satisfactory completion. ropalrs, or allorations on tho assumption Ihal complotion of Iho ImprovomenlG will bo porfarmod In a workmonliko mannor. 10. Tho opprnlsor must provldo his or hor prior w,llIon consonl boloro Iho londor/clionl spaclllnd In tho approls.1 raporl can dlslrlbulo Iho nppralsol roport (Including conclusion. nbaul Iho proporly vnluo. Iho approl.a,'s Idantlty and profosslonal doslgnatian., and roloroncos 10 any profosslonal appraisal organlzallon. or tho firm with which tho appralsor Is anociatod) to nnyono othor than tho borrowor; Iho mortgagoa or ils successora and assigns; tho mortgago Insuror; consultants; profoulonal appraisal organizations; any stato or fodorally approvod financial Institution: or any dopartmont, agoncy, or lnstrumontalily of tho Unltod Slatos or any stoto or lho District of Columbia; axcapt that Iho londor/clionl may dlllrlbuto Iho proporty do&crlpllon soction 01 tho roport only to dala collection or roportlng sorvlco(s) wllhout having to obtain Iho oppraisor's prior wrillon consont. Tho approlsor's writton consont and approval must olso bo obi 01 nod boloro tho appraisal con bo convoyod by nnyono 10 tho public through advortlslng, publiC rolotions, nOWI, SOIOI, or alhor madla. frcddlS M.c form 439 6,93 P.go I 012 fannio Mae Form 10048 6.93 . fil' N. 91,. 0711 APPRAISER'S CERTIFICATION: Tho App,olso, co,lilios ond og,oosthol' I. I have rosDorchod tho subJuct markol ar08 Bnd havu solDelod 0 minimum 01 thrau roeonl 5010s of proportiol mosl .Imilor and prO)c!malo to tho subjact proporty lor considorolion In tho snlol comporlson analysis nnd havo modo 0 dollar adjuatmonl whon approprlato to rufloel tho markot roaction to Ihoso lIoms 01 significant variation, If a Ilgnlflcant 110m In a comparoblo plopony Is supurior la, or moro favorablo thon, tho subjact proporty. I hovo mado a nogative adjustmont 10 rodueD tho adjustod salOl prieD 01 tho comparablo and, II B slgnlliconl 110m in 8 comparable proporly il Inferior ro, Dr Iou favorablo than tho subjact proporly, I hovo modo a positive adjustmont to 10erool0 tho adjuslod solos prlco ollho comparablo. 2. I have takon Into consldorallon tho lactor. that havo an lmpoct on voluo in my duvolopmont 01 Ihe ultimata of market valua In Iho app,alsal ,eporl. I hevo nol knowingly wirhhold ony slgnlllconl Inlo,meUon from rho appraisal report and I bollove. to Iho boa I 01 my knowlodgo. thai oil slalom on Is and InlormoUon In Iho opprolsal ropofl 0'0 tru8 and carroct. 3. I Itated In tho appraisal rap art only my own porsonol, unblalod, and proloaslonal analysis, opinions, and conclualon., which aro subjoct only 10 Iho conlingonlend IImirlng condlUons spoelllod In Ihlslo,m, 4, I have no pro sent or pralpectlve interost In tho properly thai Is the subject to this report, and I have no presont or prospective ponanal Intorolt or bios with respect to the participants In the transaction. I did not baso, ollhor parI/ally or completely, my anal)'lls and/or tho esllmato 01 markot value In tho apprallol roport on the roce, color, rollglon, sex, handicap, 'amlllal atatul, or national origin a' olthar tho praspecUvo ownerl or occupants 01 the subject p,opofly or of Ihe p,asonl owne,s or occupenls olthe p,operliosln Iho ViCinity ollho subject proporly, 5. I have no prolsnt or contemplated IUluro Into rOIl In tho subjoct property, and neither my curront or future employment nor my componsation lor performing this appraisal is contingont on the appraised value 01 Iho proporty. 6. I was not required to roport a predolermined value or dlraction In valuo that lavors the cause of tho client or any related party, the amount 01 tho value estimato, tho attainment 01 a specific resull. or tho occurrence 01 a lublequent event In order to recolvo my compensation and/or omploymont lor perlormlng tho appraisal. I did not balo tho appraisal repon on 0 roquolted minimum valuation, a spocific valuation, or the need to approvo a spoclfic morlgege loan. 7. I performad Ihl. appraisal In conlormlty with Iho Unllorm Srendords 01 Proloulonal Appralsol P,ocUco Ihal wora adoplad and promulgoled by tho Appraisal Slanderds Boord 01 The Appraisal FoundaUon and Ihot wera In ploca BB of Ihe alfectlva dole 01 'his appraisal. wllh Iho oxcepUon 01 Iho dopafluro provision 01 Ihose Slandards, which does not apply. I acknowledgo that an oltimate of B r085onablo time lor oxposurs In the opon markot Is a condition In the dollnlllon of markol value and tho estlmato I dovolopod Is conslllont with the marketing lime notod In tho nolghborhood lecllon of this roport, unless I have Olhorwlso atated In tho roconcillatlon aoctlon. 0, I have personBlly Inspecled Iha Inlorlor and oXlerlor aroas 01 the sUbJocl properly and Iho eXlerlor 01 011 properliea listed aa campara bIoI In tho appraisal report I 'urthor certify thai I hovo noted any apparent or known advorss condillons In the subject Improvoments, on Iho subloct silo, or on an)' slto within tho Immodiate vicInity 01 the subject properly of which I am awaro ond have modo odjuslmenlS for Iheso advorse condllions In my anBlysls of the property valuo to tho oxtent that I had market ovidonce to support them. I havo also commontod about tho arrecl oltha adverso condlUons on Ihe ma,kolBblllty oltho subjocl propo,ty. 9. I porsonally pro porod all conclusions and opinions about tho rool ostato thai woro lot 'orth in tho appraisal roport. II I rolled on slgnlflconl proloulonol osslslBnCO from ony Indlvlduol or Indlvlduols In Iho porformonco 01 Iho appraisal or tho proparallon of lho appralsol roport. I havo namod such Indivlduol(s) and dlsclosod tho spoclfic losks porlormod by Ihom In Iho roconclllolion socUon 01 Ihls opp,olsol ropor!. I co,lily tho I any Indivlduol so nomod Is quallllod to porlorm Iho losks, I havo not oUlhorlzod anyono to moko a chongo to ony 110m In Iho ,oport; Ihoroloro, II on UnoUlhorlzod chongo Is modo 10 Iho oppraisal roport. I will roko no rosponslblllly for II, SUPERVISORY APPRAISER'S CERTIFICA nON:II a suporvlsory approlsor slgnod Iho opprolsal 'oporl. hoor sho cortUlos and agroos that: I diroctly suporvlso tho appraiser who proparod tho appraisal roport, havo roviowod tho appraisal roport, agreo with tho statomonts and conclusions of tho approlsor, agroo to bo bound b;, tho appralsor's corllflcBtlona numborod 4 through 7 abovo, and am toklng full rosponslblllly fo, Iho appraisal ond Iho opprolsol roporl. ADDRESS OF PROPERTY APPRAISED: __~LD_"rb}'sbir!UlrJ'!!' --~-_._--_._--- APPRAISER: SUPERVISORY APPRAISE8(onlyllroqulrod): -. I .// 5Ignature:.-c',-; '\:.._ vl/ O'--~ ff' Nama: STEVEN W, BARRETT, SRA, SRPA Dale 5lgned: ---Al!8\JsL.!O, 1994 51als CsrlilleaUon I: GA-000298-L or51alSL1censaI: RB-026921'A 5Ial.: PA Explrallon Oate 01 Canifiealion or L1een.s: _6.1].0 19 5 CXl Old 0 Old Nollnspeel Property 5lgnalurs: ';-'; '>'. ji.~ Name: DIANE GILL Oat' 5lgned: ~8us.t.-1..CL-.!'l.9~_ 5IaleCerllflc.alion/: RL-001579-L or 51ale L1ean.e I: 5lals: PA Explrall.n Oala 01 Corll!ieallon or Lleenss: JU)0/95 Freddie Mac Form 439 5.93 Page 2 01 2 Fannie Mae Form 10048 5,93 S'tH'W RI"f'IRu h"'e tll1)l4H646 ~_t.j hraimffi~_~ MUNN'S DIAMOND GALLERY, LTD. Leading In Diamond Styles 1203 Market Street LEMOYNE, PENNSYLVANIA 17043 (717) 761,831G TO WHOM IT M^ Y CONCERN: This Is 10 ccrllly Ihot we arc engaged In Ihe lowelrl' huslness. appraising dlomonds, walches. Jewelry and precious slon.s of 811 d.scrlpllons, Wn IWtI!wilh mrlify tlllll WII lIavl! IlIls "ay c:al'llfully I!XlIIIIIIII!" II", fllllnwlllll IIslI!l11ll1l1 dl!sc:rlhl!l) arlll:l!!s. 1111! prnpnrly ur: NMtI,: Estate of. Nancy W. Rumberger Dalton L. Rumbcrger, 27 Derbyshire Drive. Carlisle, PA 17013 AI1I1RESS \VI! milimnlo Iho vuhw liS lislml ror InslIrilm:o or ulllIlI' pllrpllSI!S lit 11m c:llrmnl rulllil vuluu. uxcludlng Fmll!ral mul ulhl!r IUXI!S. In IIIl1kin~ Ihis Appraisnl. wn DO NOT ugW(! 10 (llIn:hIl5u or rnplncu Ihu lIrllr.ll!s, m~~<:RtPTI()N APPRAtSF.l1 VAW.: RECAPITULATION ladies diaIrond engagement ring Ladies dianDnd bridal set 350.00 1,450.00 Ladies diaIrond fashion ring Ladies emerald & diannnd ring Ladies gold & diarrond earrings 2,200.00 3,900.00 390.00 TOl'AL ESTATE VAWE $ 8,290.00 TIll! flltl!lllllnll ^ppruislIlls nllllll! wltll I III! IIIl1h!rSllIlI"llIlllhalllll! ^pprlllsl!r lISSlIlIll!S IIl1l1ahilily willi fllSP].' III1Y 1Il:1I1111 1IIIIIIIlllY IInlllklllllln Ilw IIl1sls IIf IlIls ^pl'rulslIl. [(-'.In' t. 11ft"", / AUQUst 16. 1994 sl ell'::>n A. Muim AI'PRAISER IMn: ..~ -.~~~~.' ~~~~~~~1~~g{~i6~~~~'-~~" ,~~:w~&Yl~~11'~~~M~r~~t~~~K:~ ~ ------ ---- ~~;f~~. !\\~~0~~~B~g.' ~~~~.~(tSk~1 ,~ / , MUNN'S DIAMON Leading In OJ; 1203 Marl LEMOYNE. PENN: (717) 7E TO WHOM IT MAY CONCERN: This Is 10 cerllry Ih.t we are engaged In the jewelr}' precious slones or .11 descrlpllons, \Vt! Iwwwilh I:l!rlify Ihul WI! 11m.'.! lhis tiny 1:i1mh nrlic:ll!s. tlw propl!rly lIf: NAME Estate of. Nancy _W. Runberger ______,__ Dalton L. Runberger, 27 Derbyshire Drive. Carlisle, PA 17013 ^llIl1lESS -.----.-------------- ----..--.-.-------. \\'IJ l!slilllillt! I1w \'i1hw liS lish!d 1'111' inSllrHIH:I! lII'lIllwr pUqIlISI!S illllw 1;lIrnml mlnil \'ullltJ. Hxdllding Ft!dl!rall.lncl f1llwr lmws. In milking Ihis Appraisnl. WI! J)() NOT lIHwe 10 Jlurc:hu:w or rl!plac:n 11ll! ilrlh:ll!s. 1lf~~r.RII"'IUN LADIES DIAMJND ENGAGEMENT RING API'RAtSW VALU.: Rurrberger Ole 14-karat, white gold, all-bright finish, engagerrent rin set with one (1) najor round European cut diarrond and four (4) round minor diarronds. MAJOR S'roNE. Ole round European cut diannnd Measurerrents: 4 .lmn by mn 2.5 Carat weight (by foImUla): 0.26 ct. Clarity: VSI Color: G MINOR DIAM::X<lDS: Fbur mund European cut diannnds Weight, Clarity & Color. 0.07 cttw VSI G 'lUl'AL CARAT WEIGHT (by foonula). 0.33 cttw. M:XJNrING. 14-karat white gold ring with one najor round crown and four round prong set crowns. Precious gem/rretal weight. 1.7 Pennyweights Finger size. 5.50 Tapered from 4.0 to 1.5mn ESTATE VALUE through our facility: Gold value at $380.00. Weight & grade esti.m3ted as rrounting pennits. $ 350.00 TIll! rllwglling Appraisal is II1IIlJl! with lilt! lIndl~rslillldillg Ihal till! ^J1pruiSI!f IISSlIlIWS nil linlJilily will. wspm:'1 to nny lII:lillll Ihal lIIay IIf! lakpl1 lilt IIIf! hasis or this Appraisal. / 1 ,. /, , I" (' ~//' {_It'!llt ,', fti.t_"-- August .' Sheldon ^. Muon ^I'I'RAIS.:R 16. 1994 IIAn: ~;2: v;~~~~.... ~~~~~~~~~~~~~~~~~~~~~~~1vK~~". - / :iliQ.~~~~t<f:~,~M;{~ '~~~?3:~tW~ty. c1OO_ ~t(,~. ~~1~W~i /". /"... - MUNN'S DIAMOf\ Leading In 0 1203 Mal LEMOYNE. PENI'l (717) 71 TO WHOM 1T MAY CONCERN: This 15 10 certify Ihal we arc engaged In Ihe Icwelrl'\ precious slonel of ell descrlpllons. \ \Vu Iwwwilh cHrllf)' Ihal WI! hnvl! this day I:awfl IIrllc:h!S. Ih.. prop"rly of: . . .' NAME Estate of. Nancy W. Rurrbcr I ADDRESS Dalton L. Rurrbcrger, 27 Derbyshire Drive, Carlisle, _PA 17013 \Vl~ I!slimalt! thu \!uhw us Iitilml fur Insllrunl:1! or IItlwf pllrpllSI!H III tilt! l:lIfrtml mlnil vnltm. (!xduclll1J.: "",t.:rnlllnd ollll!r IIIX"S, In milking Ihis Apprnisal. w.. IJO NOT agtl'" 10 pun:hlls" or tlIplllC:" IllI! ilrliclt!s. IW.5GRIPTION LADIES DIAMJND FASHION RING APPRAISEIl VALUE Ru1tlerger cne 14-karat, yellow gold, all-bright finish, fashion ring, set with one (1 I major round European cut diarrDnd and four (4 I round minor diam::lnds. MAJOR STONE. Q'le round European cut diarrDnd Measurenents. 5.Bmn by mn 3.5 Carat weight (by fonnulal. 0.75 ct. Clarity. SI Color. J MIOOR DIAM:JIIDS. Fbur round European cut diarrDnds Weight, Clarity & Color. 0.60 cttw SI G-H SIDE OIAM:JllDS. Fbur round European cut diaronds Weight, Clarity & Color: 0.16 cttw SI G-H 'rol'AL CARAT WEIGm' (by forrrula I : 1. 51 cttw. M:XJNl'ING. 14-karat yellow gold ring with one najor round d:l.arrond in a square illusion crown and four round prong set crowns. precious gem/lretal weight. 4.3 Pennyweights Finger size: 7 Tapered fran 9.0 to 8.Onm ESTATE VALUE through our facility. $ 2,200.00 Gold value at 380.00. Wei t & aOO estimated as 'nuuntin ta. TIll! fowgoillH AppraislIl is 1I111111! wilh lilt! t111t1t!fstllllllil1J..: lhaltlll! ApJlrnlstlf ns..'iIlI1I1lS no linbilil)' wilh rt!s(ll!I:lllI lln}' 1Il:1i1l11 lhal 11111)' Ill! 11lklHl1111 I)W hilsis fir Ihls Appraisal. /, ~ I ,Ii {I~ ,'" (, !I(t..v- August 16, 1994 Sheldon A. Munn AI'I'RAISER IIAn: ,,~(/,:~.~~~~~~. . . ~~~~~11~~{~~lit1~~~~~.~Vl.1'~ " I ;.I{v~~~~1>~~~~:_~~~~'K:~- :'1~tt , , ~~'1\~1~'f~~~~Rl~ ~~4..~j.~'K' r~~1 Gold value at 380.00. Wei t & ade estimated as RDUntin ts. '1'1", fllm~lIlng Appraisal is madll wilh II", lIl\d"rslll\IIIIl\~ Ihillllll! ^ppcuis"r aSSllllll!s nlllinbilily wilh fllspm:lln flny m:fion .hlllmll)' Ill! Inkm1 on IIIf! IIiISis flf 'his Appraisal. ~, I I / i/CLf,,";'H A. /(tc..,LL I ~. t~~~;"""" ,~,,~" ~~~~;iI!<~.. "" MUNN'S DJAMOJ leading In [ 1203 Ma lEMOYNE, PENf (717) , TO WHOM IT MAY CONCERN: This is 10 eerUfy Ihol We ore engaged In the 'ell'elr) precious stone. of 811 deser/pUons, \\'C! Iwrtl\\'i1h (;ertify Ihul Wt! hU\'H this dllr f:umfl, arlh:It!s. 11ll! propnrly ,,(: N"~tE Estate oKL.Nam:yjl. ~; Dalton~Rurrberger, 27 Derbyshire Drive, Carlisle, PA 17013 AIJIJHESS W" "slirnal" Ih" ,'alll!! as lish:d fllr insllnlll"" IIr III1",r I'lIrplls"s IIllh" ""rr"nl mlnil vilh",. "."llIding F"d!!ral and III h." lax"s, In makln~ Ihls ApI'raisill. w" /JO NOT agr!!" III I'lIrchas!! IIr tIlplac" II", i1rlidl!s. rmSCHtl'T/ON LADIES EMERALD & DIJIt.nID RING APPHA/SED VALUE RI.rtDerger <XIe 14-karat, yellCM gold, all-bright finish, ring, set with one (1) errerald cut EMERALD and fifty-three (53) round minor diamonds. MAJOR S'roNE. Eherald cut EMERALD Measurements. 9.Onrn by 6.8nm by 3.7nm Carat weight (by fornula): 3.00 ct. Hue. Green '!bne: Meclil.lTl Clarity. M:xIerately Included Brilliancy. Good Finish: Very good MIooR DIJ\M::M)S. Fifty-three (53) round ideal cut diarronds Weight, Clarity & Color. 0.80 cttw 51 G-H 'lUI'AL CARAT WEIGIT (by formula). 3.80 cttw. MX1NrING. 14-karat yellCM gold tiered ring rrounting with one major etrera1d cut EMERALD with fifty-three minor round prong-set side dianonds. Precious gem/lOOtal ~ight: 2.5 Pennyweights Finger size. 5.50 Tapered from 16.7 to 1.6mn ESTATE VALUE through our facility: $ 3,900.00 AuQUs t 16, 1994 !IAn: tjuElUUNtl Ntn.IE"" IIlJlJIM MJW M.M eM n, IIN} 1I.\twll II., ~~II [ill rnUj~~@&)lli f0tJt1UWtJwtAl~ NANCY W. RUMBERGER REVOCABLE DEED OF TlmST This Revocable Deed of Trust is made this '1' /.'j '!.J., day of November, 1992. NANCY W. RUMBERGER, of County of Cumberland, Commonwealth of Pennsylvania, as the settlor, and DALTON L. RUMBERGER, as the individual Trustee, and MELLON BANK, N.A" a national banking association authorized to engage in trust business in the Common- wealth of Pennsylvania, as the Corporate Trustee, hereby agree as follows: ONE: The Settlor hereby transfers and delivers to the Trustees the property listed in Schedule "A" attached hereto I together with all her interest therein. The Trustees shall hold said property, together with any additions thereto as hereinafter provided, as a Trust Estate, shall invest and reinvest the same and shall distribute the net income (hereinafter called "Income") and principal as set forth in the following provisions. (A) During the Settlor' s lifetime, the Trustees shall pay to her or for her benefit such sums from Income and principal as she may direct in writing; PROVIDED, however I that in the event of the Settlor's mental or physical incapacity I as certified to the corporate Trustee by her personal physician, the Corporate Trustee shall expend both Income and principal to such extent and in such manner as it in its discretion deems advisable lIul'.llHINlI MlIrll'M" lIt1HIM HJW M H ,.",tI 1'1'11 J \h..m lI.t I'll'" for the welfare and comfortablo DUPPOl't 01 tho !lottlor during such period of incapacity. (D) Upon tho Sottlor'D doath, the Trustees are au- thorized to pay to the personal roprosentativo of her estate or to expend directly such sums oa said poroonol representative shall request in writing to Dupplement her eDtate in ordor to pay debts, funeral expenses, death taxeD I particular legacies and adminis- tration expenses; PROVIDED, however, that no assets shall be used for this purpose which are not otherwiDe included in the Settlor's gross taxable estate; and PROVIDED, further, that if the Trust Estate contains any United stateD government bonds which are redeemable at par in payment of Foderal eatote taxes, the Trustees shall apply them directly in payment of the Settlor's said taxes, regardless of the sufr iciency of assets in her estate or any direction in her will to pay all ouch taxes from her probate estate. subject to such payment, the principal remaining at the Settlor' s death and any accrued or undistributed Income shall continue in trust os providod in Article Two below. 'I'WO: If tho sottlor's husband, DALTON L. RUMBERGER I survives the Settlor, the TruDteea ahall divide the remaining Trust Estate into two (2) separate parts, designated Fund A and Fund B. If the Sottlor/a husband predoceasea her, the Trustees shall hold all the Trust Estate as Fund n. The Trustees shall distribute the net income (heroinofter callod "Income") and principal of said Funds in accordance with Articles THREE and FOUR below. The division into Fund A and Fund U shall be made as follows: - 2 - 1IC11't1"INtl"1I n 1".\ IInl.llM IIIW :"ll" 0.1 ,II. I'N.' ~ "1,1111 H... "MII (A) Fund A shall consist of a fractional share of the Trust Estate as defined in paragraph (6) below. The numerator of the fraction shall be the minimum amount necessary to reduce the Settlor's Federal estate tax (exclusive of any tax imposed under section 4980A(d) of the Internal Revenue Code) to zero after the use of the unified credit and any other credits available to her estate (exclusive of any credits the use of which would increase her total death taxes). The denominator of such fraction shall be the value of the Trust Estate as finally determined for Federal estate tax purposes prior to the payment of death taxes therefrom. Fund B shall consist of the other fractional share. Any death taxes payable from the Trust Estate shall be charged against Fund B, as well as any administration expenses which are not allowed as estate tax deductions. This fraction shall be computed as if all qualified terminable interests were elected as part of the marital deduction on the Settlor's Federal estate tax return, regardless of the election actually filed. (B) For the purpose of this division, the Trust Estate shall include any insurance proceeds or other items paid directly to the Trustees and forming part of the Settlor's taxable estate for Federal estate tax purposes. Any items paid directly to the Trustees and not forming part of the Settlor's taxable estate shall be added to Fund B, in addition to the fractional share hereinabove specified, and shall not be used for the payment of death taxes or administration expenses. (C) The Trustges need not make a pro rata division of each asset, but may allocate different kinds of or interests in property to each fund, so long as the total market value of each is - 3 - liOUIItINllltllrll:1t ^ HulllM IU\\ 'lit IId.'1 1,,.,.1 . 'h~'lI II" "11,,1 not affected. 'I'hero shnll not bo allocated to Fund A any property or the proceeds of any property which does not qualify for the marital deduction. (0) I f any portion of the Settlor's Individual Retirement Account bone fits or qualified employee plan benef its are used to fund Fund A, tho Settlor's husband shall have the power to diroct the 'I'ruoteeo to exercise their right to withdraw any part or all of tho ordinnry incomo oarned on the benefits during any year, in which CIIOO the nmount so withdrawn shall be allocated to Income. All other pnymonts of such benefits received by the Trustees shall be IIllocated to principal. If the Trustees do not have the right to withdraw any part or all of the ordinary income earned on the benofits during a particular year, then the Settlor's husband shall have tho power to roquire the Trustees to payout of any other assoto of Fund A an amount equal to such ordinary income. (E) If the Settlor and her husband die under such circumstancos that there is no sufficient evidence that they have died otherwise than simultaneously, it shall be conclusively prosumod for tho purpose of this Article that the Settlor's husband survivod hor. THREE: this Article. Fund A shall be held in the manner set forth in (A) Fund A shall be divided into two separate Parts, and each Part shall be held as a separate trust. Part One shall be a portion equal to so much of the Settlor's remaining exemption from generation-skipping transfer tax as cannot be allocated to Fund B. Part Two shall be the other portion. - 4 - t;oHUUNtI HUn!H.~ IIIIH'M HJW !\I H 0.1 JI. I'I'II )0 \t..tlll II... ",m1 (1) During the lifetime of the Settlor's husband, DALTON L. RUMBERGER, the 'rrustees sha 11 pay the Income from both Parts to him or for his benefit, in quarter-annual or more frequent installments. In addition, the Trustees shall pay to or for the benefit of the Settlor's husband from the principal of Part Two or, if it has been exhausted, from the principal of Part One, an amount equal to the Income of Fund B. The Corporate Trustee may expend in addition such sums from the principal of Part Two or, if it has been exhausted I from the principal of Part One, as the Corporate Trustee considers advisable for his support and maintenance. If any unproductive assets are held in either Part, the Settlor's husband may require that they be converted into income-producing assets within a reasonable period of time. (2) Upon the death of the Settlor's husband, any Income accrued or on hand shall be paid to his estate, and the Trustees shall pay to his personal representative or directly to the taxing authorities from the principal of Part Two and, to the extent it is insufficient, from the principal of Part One, such amount, if any, as his personal representative certifies to be the additional death taxes reSUlting from the inclusion of Fund A in his estate for tax purposes. The rest of both trusts shall be dis- tributed outright to or on further trust for such one or more of the Settlor's descendants as the Settlor's husband directs by specific reference to this provision in his Will. Any unappointed portion shall be added to Fund B. (B) The right of the Settlor's husband Income shall not be subject to assignment, alienation, attachment or claims of creditors. - 5 - to the pledge, ,iOIJUUNllHlInIH...IIIlIIlM HJW ~11t 11.1.'114'" lo\!'.illl 1l..l1'il'" (C) If the Settlor's husband disclaims his interest in any portion of Fund A, such portion shall be added to Fund B, and the Settlor's husband shall have all the rights therein hereinafter set forth with the exception of any power of appoint- ment. If the Settlor's husband dies before accepting any benefits, his personal representative shall have the right to disclaim his interest in all or a portion of Fund A. FOUR: this Article. Fund B shall be held in the manner set forth in (A) The Trustees shall invest and reinvest Fund B and shall distribute the Income and principal as follows: (1) During the lifetime of the Settlor's husband, DALTON L. RUMBERGER, if he survives the Settlor, so long as Fund A has not been exhausted, the Trustees shall accumulate the Income and add it to principal and invest it as such. If Fund A should become exhausted during the lifetime of the Settlor's husband, the Trustees shall pay the Income of Fund B in quarter- annual or other convenient installments to or for the benefit of the Settlor's husband, and the corporate Trustee may also expend such sums from principal as the Corpora~e Trustee considers advisable to provide for the support and maintenance of the Settlor's husband I in view of other readily available funds of which the corporate Trustee has knowledge. upon the death of the settlor's husband, the principal shall be distributed outright to or on further trust for such one or more of the settlor's descen- dants as he directs by specific reference to Fund B in his will. - 6 - lioHUUNIiHlIl'Il.Il.IIl 11111 11M lllW !'II Mil.! }II'I"} ... \h4111 U.. ..,wI (2) If the Settlor's husband, DALTON L. RUMBERGER, is not living at the Settlor's death or in the event he dies thereafter without exercising his power of appointment in full, the unappointed principal of Fund B and any additions from Fund A, the Settlor's husband's estate or elsewhere shall be divided into four (4) equal shares for the Settlor's children, SUE R. FOSTER, JEFFREY S. RUMBERGER, JANE R. LONG and AMY R. PALMA I and each share shall be held as a separate trust or, in the case of a deceased child, shall be distributed as is hereinafter set forth. Each share may be satisfied with assets which are exempt from federal generation-skipping transfer tax or with non-exempt assets or partially with each, so long as the market value remains the same. The share of each living child shall be held as a separate trust; PROVIDED, however I that unless said share is totally exempt from federal generation-skipping transfer tax, it shall be divided into two separate trusts, an Exempt Trust having an inclusion ratio for the purposes of said tax of zero, and a Non-Exempt Trust having an inclusion ratio of one. By written notice to the Corporate Trustee, each of the Settlor's children shall have the right to become a Co-Trustee with the corporate Trustee of his or her own trust. (a) The Trustees shall pay the Income quarter-annually to or for the benefit of the Settlor's said child and may expend in addition such sums from principal as the corporate Trustee considers advisable, in view of other readily available funds of which the corporate Trustee has knowledge, to provide for the support and maintenance of the Settlor's said child and his or her spouse and children, if any, including educational - 7 - lillUUUNlI Hili'll H.\ 11111 11M IUW .'tIlt 1I.1!1 I'N! ~ \tl~1l1 II,~ ....." and funeral expenses. In addition, the Settlor's said child may withdraw portions of the principal of his or her Non-Exempt Trust in accordance with the following schedule: (i) After his or her thirtieth (30th) birthday I one-third (1/3) of the principal; (ii) After his or her thirtY-fifth (35th) birthday, one-half (1/2) of the principal not already subject to withdrawal; (iii) After his or her fortieth (40th) birthday, any or all of the principal. If the Settlor's said child has both an Exempt Trust and a Non- Exempt Trust, all Income and principal distributions for his or her .' .- ",}' benefit shall be made from the Non-Exempt Trust. Income from the \' v , ",- Exempt Trust shall be added to the principal thereof and invested ~. )1..-' ,l as such, and an equivalent amount of the principal of the Non- JJ'''/ JH J. Exempt Trust shall be distributed. If the Non-Exempt Trust should )frP become exhausted during the lifetime of the Settlor's said child, Income distributions and discretionary principal distribution, if any, shall be made from the Exempt Trust. (b) Upon the death of the Settlor's said child, or upon the division into shares under this subparagraph (2) in the case of a child who is not then living, the principal of the Settlor's said child's share shall be distributed outright to or on further trust for such one or more of his or her descendants as the Settlor's said child directs by specific reference to this provision in his or her Will; PROVIDED, however, that the Settlor's said child may also appoint the principal of the Non-Exempt Trust and any portion of either trust that he or she could have withdrawn - 8 - lloLlIIUNlI Hllnn~., 11I1I'llM lUW !'\lH .hl }1. I'N} )l. \tum II... l"iI,lI before death in favor of anyone, Any unappointed portion shall be paid to the settlor's said child's surviving issue, per stirpes, subject to subparagraph (3) below, or, if he or she has none, shall be added to the shares of the Settlor's other children and shall be held or distributed as if the latter shares were being set apart at that time. Each share for a grandchild of the settlor may be satisfied with assets which are exempt from generation-skipping transfer tax or with non-exempt assets or partially with each, so long as the market value remains the same. (3) The share of any grandchild of the Settlor shall be held or distributed as follows: (a) Unless the share is totally exempt from federal generation-skipping transfer tax, it shall be divided into two separate trusts, an Exempt Trust having an inclusion ratio for the purposes of said tax of zero, and a Non-Exempt Trust having an inclusion ratio of one. During the lifetime of each grandchild, the Trustee shall pay the Income from his or her trust quarter- annually to or for the benefit of the Settlor's said grandchild I and if the corporate Trustee considers the Income to be insuffi- cient, in view of other readily available funds of which it has knowledge, to provide for the support and maintenance of the settlor's said grandchild and his or her family, including educational and funeral expenses, the corporate Trustee is authorized in its discretion to provide such sums from principal as it deems advisable therefor; PROVIDED, however I that prior to said grandChild'S twenty-first (21st) birthday, the Trustee may add to principal and invest as such any Income which it considers not to be needed for such purposes. In addition, the Settlor's said - 9 - li'III1HINllllllnllt.\IIIJ1ItM IUW :0.111 11.1.'1.1'1'4! \'h.llllll,. """" grandchild may withdraw portions of tho principal of his or her Non-Exempt Trust in accordance with the fOllowing schedule: (i) After his or her thirtieth (30th) birthday, one-third (1/3) of the principal; (il) After his or her thirty-fifth (35th) birthday, one-half (1/2) of the principal not already subject to withdrawal; (iil) After his or her fortieth (40th) birthday, any or all of the principal. If the Settlor's said grandchild has both an Exempt and a Non- Exempt Trust, all Income and principal distributions for his or her benefit shall be made from the Non-Exempt Trust; in particular I Income shall be computed on the basis of both trusts, but shall be taken from the Non-Exempt Trust. Income from the Exempt Trust shall be added to the principal thereof and invested as such. If the Non-Exempt Trust should become exhausted during the lifetime of the Settlor's said grandchild, Income distributions and discretion- ary principal distributions, if any, shall be made from the Exempt Trust. (b) Upon the death of each grandchlld, if his or her trust has not already terminated, or upon the division into shares under subparagraph (2) (b) above in the case of a grandchild who is not then living, the principal of said grand- child's share shall be distributed outright to or on further trust for such one or more of the Settlor's descendants as the Settlor's said grandchild directs by specific refLrence to this provision in his or her Will; PROVIDED, however, that the Settlor's said grandchild may also appoint the principal of the Non-Exempt Trust - 10 - I iolJl1UNI I HllrIIN.\ lull 11M lOW ~11t 0,1 ,'I 1'I'i.' .. "1~1II II.. ",,,ll and any portion of either trust that he or she could have withdrawn before death in favor ot anyone. Any unappointed portion shall be paid, per stir.pes, to his or her then-living issue; and if he or she has none, to the then-living issue of his or her parent who was the Settlor's child, the share of any grandchild of the Settlor to be added to his or her separate trust hereunder if it is still in existence. (c) If any of the Settlor's childrer has no issue living at the death of the survivor of the Settlor's said child, his or her children, if any, the Settlor's husband and the Settlor, any remaining unappointed portion of the Settlor's said child's share shall be added equally to the share of the Settlor's other children and shall be held or distributed as if the latter shares were being set apart at that time. (J) If the Settlor has no issue living at the death of the survivor of the settlor's husband, the Settlor's children, and grandchildren and the Settlor, any remaining unappointed principal shall be transferred and delivered to those persons who would have been entitled thereto if the Settlor and her husband had each owned one-half (1/2) thereof and had both died at that time intestate, unmarried and domiciled in Pennsylvania. (4) Anything in this Deed of Trust to the contrary notwithstanding, no trust created hereunder shall continue beyond twenty-one (21) years after the death of the last to die of those beneficiaries who were living on the date of the execution hereof; and upon the expiration of such period all trusts shall terminate and the assets thereof shall be distributed outright to - 11 - 1I111.11HINII Hlla-II.H.\ IIIII,IIM HJ\\' M H 0.1 1f. 1'4'I} "'h.jlll If... 1I'1l.'" those parties (and in the same proportions) as arc then receiving the income therefrom. (5) For the purposes of this Deed of Trust, adopted children shall be considered the natural children of the adopting parents, regardless of the date of adoption; and the term "minor" shall mean any person who has not reached the age of twenty-one (21) years. FIVE: (A) If any remainderman under the foregoing pro- visions is a minor and is entitled to a share in excess of the amount which may be paid to his or her natural guardian I such share shall vest in said remainderman but shall be retained by the corporate Trustee in a separate trust until the twenty-first (21st) birthday of said remainderman, at which time the trust shall terminate and the principal shall be transferred and delivered to him or her free of trust. During such minority period, the Trustee may pay to the person having custody of said remainderman I without liability on the part of the Trustee to see to the application thereof, or may expend directly so much of the Income and principal as it deems advisable for the welfare, comfortable support and education of said remainderman and shall add any excess Income to principal and invest it as such. In the event of the death of said remainderman during minority I the Trustee is authorized in its discretion to pay part or all of the funeral expenses, and the remaining principal shall be transferred and delivered to said remainderman's estate. (B) Income allocated to a minor may be expended for his or her benefit or may be paid to his or her natural guardian, - 12 - liOIIUHNlI~1I111 H.\ 11111 11M HI\\' ..I H ,1.1.'1.1"'1,1 .. \"~1l1 II.. "'11'1' to the guard inn of his or her person or estate or to a Custodian for him or her under an appropriate Uniform Gifts or Transfers to Minors Act, without liability on the part of the Trustees to see to the application thereof. The Trustees may also deposit amounts in an interest-bearing account in the minor's name in any Corporate Trustee's banking department or elsewhere and may pay a reasonable allowance to the minor. (C) If the Corporate Trustee considers the principal of any trust other than any trust established for the benefit of the Settlor's husband to be insufficient to warrant establishing or continuing the trust, the Corporate Trustee may pay the principal to the Income beneficiary or, if he or she is under the age of twenty-one (21) years, to a Custodian for him or her under an appropriate Uniform Gifts or Transfers to Minors Act, to be selected by the Trustee. The receipts and releases of the distributees will terminate absolutely the rights of all persons who might otherwise have a future interest in the trust, whether vested or contingent, without notice to them and without the necessity of filing an account to the Court. (D) Upon the death of any Income beneficiary I any Income accrued or received by the Trustees subsequent to the last Income payment date shall be paid to the person or persons for whose benefit the principal producing such Income is continued in trust or to whom such principal is distributed under the terms hereof. IE) the distributing corporate distributions received in shares of corporation shall be allocated to principal, - 13 - tUII'.lUUNllltl1fll.,.\ InllJIM IUW ~IH (),Il/. I~! ""I.UII 11<11. ..tiN! regardless of the number of shares and however described or designated by the distributing corporation. (F) The interest of any beneficiary hereunder, including a remainderman, in Income or principal, shall not be subject to assignment, alienation, pledge, attachment or claims of creditors until after payment has actually been made by the Trustees as hereinbefore provided. SIX: (A) The Trustees hereunder shall have the following powers, in addition to and not in limitation of those granted by law: to accept and to retain assets in kind from the Settlor, her estate or elsewhere, to purchase assets from the estate and to retain such assets in kind; to sell assets and to invest and reinvest the proceeds and any other cash in any kind of property, real or personal, or part interest therein I located in the United States or abroad, inclUding interest-bearing accounts in or certificates issued by the banking department of the corporate Trustee and securities underwritten by syndicates of which the corporate Trustee is a member but not purchased from the corporate Trustee, all statutory and other limitations as to the investment of funds, now or hereafter enacted or in force, being waived; to retain or to purchase policies of life insurance, to pay premiums thereon from income or principal and to exercise all rights of ownership thereover; to pledge I exchange or mortgage real or personal property and to lease the same for terms exceeding five (5) years; to give options for sales, leases and exchanges; to borrow money; to compromise claims; to vote shares of corporate stock, in person or by proxy, in favor of or against management - 14 - 11lIUININIIMllnIH.\ IlIll,IIM HJW !'lIlt 11.1!1.11J'1} "~h~m II.... I'Mll proposals; to carry securities in the name of a nominee, including that of a clearing corporation or depository, or in book entry form or unregistered or in such other form as will pass by delivery; to make division or distribution hereunder either in cash or in kind; and, in connection therewith, to allocate to different shares different kinds of or interests in property and property having different bases for Federal income tax purposes, all as the corporate Trustee deems equitable. The Trustees are specifically authorized to accept in kind and to retain any shares of MELLON BANK CORPORATION stock, with no duty to review the same for investment purposes, but shall vote such shares only as directed by a competent adult Income beneficiary of the trust in which said shares are held. The Trustees shall have no liability for any mistake or error of judgment made in good faith. (B) (1) The Trustees are authorized to divide (whether before or after a trust is funded and whether before or after any allocation of a generation-skipping transfer tax (GST) exemption under section 2631 of the Internal Revenue Code of 1986, as amended (the "Code") is made) any trust or any property which is used to fund or augment any trust under this Deed of Trust, into two or more fractional shares, Said shares shall be held and administered by the Trustees as separate trusts with identical terms although the Trustees, in their sole and absolute discretion, may manage and invest separate trusts as one. Some of the purposes for granting that authority are to enable the Trustees to provide an inclusion ratio (within the meaning of Section 2642(a) (1) of the Code) of zero for the separate trust receiving the fractional share to which the allocation is made, and if that trust is a trust - 15 - noHllUNti wnrl I.~.\ lIunlM lUW 'I it Ud H. I'N! It "1...1Il 11,.. ".",1/ described in section 2652(a) (3) of the Code, to enable the Settlor's Executor to make the election described in that section with respect to it as a separate trust, (2) If the Settlor's Executor makes the so- called QTIP election under section 2056(b)(7) of the Code over a portion (but less than all) of any property passing to a trust hereunder, the Trustees are authorized to divide such property into two fractional shares equal respectively to the portion as to which the election was made and the portion as to which it was not made, in the manner prescribed by proposed Reg. S20.2056(b)-7(b) or any successor regulation. said shares shall be held and administered by the Trustees as separate trusts with identical terms, so that one of said trusts is entirely subject to said election and the other is not subject to it. One of the purposes in authorizing such division is to enable the separate allocation of GST exemption to one or both of said trusts. (3) Whenever two trusts hereunder are directed to be combined into a single trust (for example, because property of one trust is to be added to the other trust), whether or not the trusts have different inclusion ratios with respect to any common transferor or have different transferors for generation-skipping tax purposes I the Trustees are authorized I instead of combining said trusts, to administer them as two separate trusts with identical terms in accordance with the provisions that would have governed the combined trusts. If anyone adds or is deemed to add property to a trust hereunder by gift or bequest, the Trustees are authorized to hold the added property as a separate trust with terms identical to the trust to which it would have been added. - 16 - <KU:JUUNII KlnoWK a HOHHM klW 51.M NI'" J. tIN] 1t11rm I)..e rltNl (4) The Trustees are authorized to combine any two or more trusts with identical terms for an identical beneficia- ry or beneficiaries created by the Settlor or her husband as a single trust. The Trustees are also authorized later to divide such trust as provided above in this article. Without in any way limiting the sole and absolute authority of the Trustees granted by this paragraph, the Settlor envisions that the Trustees will not elect to combine two or more trusts with different inclusion ratios for generation-skipping transfer tax purposes. (C) As between the Trustees, the corporate Trustee shall perform all ministerial and administrative duties, including the keeping of books and records, acting as custodian of the trust property and preparing all necessary tax returns. The individual Trustee may delegate from time to time to the Corporate Trustee, by an instrument in writing, any or all of said individual Trustee's rights, powers and duties hereunder. (D) In the event of the inability or unwillingness of DALTON L. RUMBERGER to continue to serve as Trustee I the settlor's son, JEFFREY S. RUMBERGER, shall become the individual Trustee. In the event of the inability or unwillingness of the Settlor's son, JEFFREY S. RUMBERGER, to act or to continue to act in such capacity I the Settlor's son-in-law, THOMAS J. FOSTER, shall become the individual Trustee. In the event of the inability or unwillingness of the Settlor's son-in-law, THOMAS J. FOSTER, to act or to continue to act in such capacity I no successor individual Trustee shall be appointed, and thereafter I the term "Trustees" shall be interpreted as referring only to the corporate Trustee. Notwithstanding the foregoing I each of the Settlor's children shall - 17 - ntJlJIHINtI HII n I H .\ 11111 11M HI\\" ~I H IId!1. 14'1} " 'I14lll II.... If'j"" have the right to become the solo individual Co-Trustee of his or hor separate trust hereunder, following the death of the Settlor's husband. (E) Unless otherwise specifically indicated herein, if the Trustees are unable to agree with respect to any decision hereunder relating to any matter other than investments, the decision of the Corporate Trustee shall control and the other Trustee then serving is absolved from all liability which may result from such decision. In the event of any disagreement between the Trustees with respect to the investment of the assets of the trust, the decision of the individual Trustee shall control, and the corporate Trustee is absolved of all liability which may result from such decision. (F) The corporate Trustee may resign at any time during the Settlor's lifetime by written notice to her. After the Settlor's death, the corporate Trustee may resign at any time, without stating cause, by petitioning a court of competent jurisdiction to designate and appoint a successor corporate Trustee. In case of the merger or consolidation of the Trustee, the resultant company shall become successor Trustee hereunder without notice to any party. (G) The corporate Trustee shall be entitled to receive annual compensation for its services hereunder in accor- dance with its schedule in effect when the services are performed I but not in excess of such compensation as would be approved by a court of competent jurisdiction. During the Settlor's lifetime, such compensation shall be charged wholly against income, unless the Settlor directs otherwise in writing, For any services - 18 - lioUI"INlIt4llnl".\ lIuI'IIM tU\\' !'II." lid n I'I'I! ~ \,.,...111 II.. ".,.,1/ performed by it in connection with the Settlor's estate, which services are normally performed by the personal representative, the Corporate Trustee shall be entitled to such additional compensation as may be fair and reasonable under the circumstances. The corporate Trustee is authorized in its discretion to sell securi- ties to the extent necessary to pay any portion of such compensa- tion which is chargeable against principal. Any individual Trustee shall serve without compensation. SEVEN: (A) The Settlor or ochers may add hereto, by Will, inter vivos transfer or beneficiary designation, cash or such property in kind as is acceptable to the Trustees. (B) The Settlor reserves the right to revoke this Deed of Trust at any time, in whole or in part, by written notice delivered to the Trustees during the Settlor's lifetime. (C) The Settlor further reserves the right to amend this Deed of Trust at any time by a proper instrument in writing, executed by the Settlor, delivered to the Corporate Trustee during the Settlor's lifetime and accepted by the Trustees. (D) If the Settlor designates the Trustees as beneficiary of the proceeds of any policies of insurance on her life, the duty and responsibility for the payment of premiums and other charges on such policies during the Settlor's lifetime shall rest solely upon her, unless she shall expressly direct the Trustee in writing to pay the same from Income or principal; otherwise I the only duty of the Trustees shall be the safekeeping of such policies as are deposited with them, and the Trustees sl.all be under no duty to notify the Settlor that any such premium or other charge is due - 19 - , titll:IIWINIIWllnIW.\ IIIJlIIM WJW MW ll.l~'.l"~! "\h~1ll II... ""'I' and payable. All options, rights, privileges and benefits exercisable by or accruing to the Settlor during her lifetime by the terms of the policies shall be for her sole benefit and shall not be subject to this trust; the Settlor agrees, however I not to exercise any options whereby the proceeds would be payable to the Trustees other than in one sum. Upon the written request of the Settlor, the Trustees shall execute and deliver such consents and instruments as may be requisite to enable the Settlor to exercise or avail herself of any option, right, privilege or benefit granted by any of the policies. Upon the settlor's death, or at such later time as may be specified in the policies, the net proceeds of any policies then payable to the Trustees hereunder shall be collected by the Trustees; the receipt of the Trustees for such proceeds shall release the insurance companies from liability on the policies, and the insurance companies shall be under no duty to see to the application of such proceeds. The Trustees may take all steps necessary in their opinion to enforce payment of said policies and shall be entitled to indemnify themselves out of any property held hereunder against all expenses incurred in taking such action. EIGHT: (A) As used in this Deed of Trust, the singUlar may include the plural and the plural the singular I and the use of any gender shall be applicable to all genders. (6) This Deed of Trust has been delivered to and accepted by the corporate Trustee in the Commonwealth of Pennsylva- nia and shall be governed in all respects by the laws of said State. - 20 - lIutllMINtI MUT! I'.M A: 1I111:11M MJW SI M u..I17. IIN} IHh.llll H," 1I'I'.N1 WITNESS the due execution hereof the day and year aforesaid. WITNESS: SETTLOR: b~ " " I.' i/ J -1,v,' v' ""I";c. I.. u)7J,(V',{" 7'." (SEAL) . ancy . Rum erger, Settlor WITNESS: ATTEST: TRUSTEE: MELLON BANK, N.A. i .1' T,,_'"! __..... -'~.l..l ...l.,~~ ',.10 Vice }' - ,-,-- -' '. "".--'" " r'l..I~.:'tZ_ President By: - 21 - COMMONWEALTH OF PENNSYLVANIA COUNTY OF ALLEGHENY ) ) ss: ) On this, the / :dI- . day of ~ 1992, before me, a Notary pUblic, the undersigned officer, personally appeared NANCY W. RUMBERGER, known to me (or satisfac- torily proven) to be the person whose name is subscribed to the within Deed of Trust as Settlor, and acknowledged that she executed the same for the purposes therein contained. IN WITNESS WHEREOF, I have hereunto set my hand and seal. ~s.- I'IdO ~J.~~ ~'~N1.l",'QQ6 W~ - ,~ ~~ COMMONWEALTH OF PENNSYLVANIA COUNTY OF ALLEGHENY 55: On this, the /~ day of ~ 1992, before me, a Notary pUblic, the undersigned officer, personally appeared DALTON L. RUMBERGER, known to me (or satisfac- torily proven) to be the person whose name is subscribed to the within Deed of Trust as individual Trustee, and acknowledged that he executed the same for the purposes therein contained. IN WITNESS WHEREOF, I have hereunto set my hand and seal. ~SealP\dC I\<illlIIJ.w.::;~ 1.ti~~E><J*8llAug." '996 ,~..... ~, MEMORANDUM OF REAL ESTATE OUTSIDE THE COMMONWEALTH OF PENNSYLVANIA (Do not Include value In total of the Inventory) NONE AFFIDAVIT OF EXECUTOR OR ADMINISTRATOR <!!UIIIIIIIlI1Wcult11 uf ttCl1l1l1uluallla 1. (!!uIIIIIU uf ~~I~UfY\h?rlll.volJ 55: Cumberlnnd Notllrv Public In .nd lor 1.ld Counly who, being duly sworn lIccordlng Penonlllly before me, the undersigned authority, " and SllIle, nppellfcd nn1 tnn I.. nllmllf~rr-(lr 10 law. deposes end IllY' Ihftt he Is the executor or admlnlslrDtor of the estate of Nnnrv to}. Rumlwruer I dccl'lI\cd, thAt the foregoing schedules constitute ft complete Invcntory and eppralsemcnl of the real and personal estale of Nnncv \,z. RumbC!['uer deceased, except real estate oulllde the Commonwealth of Pcnnsytvllnlll, thai the figures opposite each lIem of real and penonal estftle In the foregoing schedules tue determined And stated by Ihe undersigned to be the fair value of said Items as of the dale of the decedent' , ~OlARiM W,L O~WN M SHUGIII,Rl. 1jt131Y PubliC rgtli~ It n C "11\11--, l,Iy C mniit~1 :~ U ~,"I'J~e ,.} ADDITIONAL INSTRUCTIONS I. The Invenlo,y Ihan be filed no 1.le, Ih.n the d.te the .ccount II filed or the due d.te, Including .ny e.ten.lon, fo,lhe filing 01 the Inheritance Talt Return (9 months from the dllite of death) whichever comes first. 2. A lupplemenl.llnvenlo,y mull be filed wl,hln thl,ly d.y. of dllcove,y of .ddltlon.1 ....1.. 3. An orlgln.1 and Iwo cople. mUlt be filed. 4. Additional sheets may be attached as to personl~lty or realty. 5. Se. Sed Ion 3301 .1 ..q. 01 the Probate EIl.le. .nd Flducl.rlel Code 011972, .. .mended. 6. The Inventory mull be Iyped. Ihll it ?: ~ ;n 'to .. .. c>. 0 c>. r- m 3 '" "':2: ~ ~ Z ;lop n '" ....'" '"' 0 . .... ~;lo\ll ~ < '" N . '" ~...a N~ "'0 i ~ m ....1 .., ::l "'0 "....1>- Z ~o .... 0..., nO,", I1l ...,,,, ,,"0 . " iiI ...., "'''' '" '" "'01;' I1l 0 ~ ........ " 0 I>- I1l 'T1 '" '" .. " ~ .... '" ::l ~ C .. <- n ." :' ~ :;- a. U' Ji' " . NANCY w. RUMBERGER REVOCABLE DEED OF TRUST SCHEDULE A -'.t ~ z ~ C IV m c o - - CII == . :::; ~ t;~ ' , .;. N.. 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'" " !; ~ T 'i' N N I I '" .. g .. " " " " i Si ~ t. t. f t. .. .. .. .. .. .. 7 .. .. ~ B~ ~ I I I ~ .. ~ l:l I g ~ I J, '" '" " " " " t:i e ~ .. ~ .. US! ~ ga ~ ~ ::1,.: ~ " " 5~ ~ It ...... ~~ II I~ ... ~ " ~.. " I 5~ I u~ II ~ ll! ~~ ~ ~~ ~~ ~.. ~ ft llt u~ .. ... ~l! ~ ~ .. ig ! ~ " ~ ... a i~ ~ ~ ~ = !i i i .. H !~ ~ lil ~ .. ~ ~~ U g U ~ ~ "" ~ ! ~..., ~ U >U . . .; ..... ..... N .. .. ~!l M 'I. ~ I '" ~ ~ ~ .. " N ~ ~ .~ i I .. ~ g ~ ! . . ' . .. d 'i' , ~ .. I "'" i!i! 0\ .... '" . . -. . . .... '''' "'" .... N 0 i!i~ - \D "'" .". .... 0\ I - \D "'" - 0\ \D E - e \Q .... \Q ~~;!~I en u ; -< ~ ~~I~~~ ~!:l a .. ~e~::a ~~ i!i ~ ~ j i!l~ IH.i!l !;j';;; ~~~Iii u .. j!j en ~ u j!jj!j~ j!j ~ . , to' '. fl:.t.!i'W;-~ ~jl'J,!: ' ""_?~~;Icts\~;'~~]~~":;:':~~~~~ _ .~:,:~~.__~._,~.-:..~.~.~:,._';...:~_..~~~~:': .',: .,:: -'. "0' , RAYMOND R. GOEHRING, oJR rRECERtCK It. 80ttiM ROStHT W OEIL!iTCIN LtI: A DONALDSON, "'R. rRANKLIN BLACKSTONE, ..Ht DANIEL r, GR"'MC ROOERT oJ. WINTERS LEA t, ANDERSON- PATRiCK.... Ct.AIR MICHAEL 0, ,",cCAOE DONALD oJ. PAI..M[A CHARLES A. M[RCH""" MARY DAUER COLVILU: "'ICMAtt.. K. PARRISH CAVID W, ROSS WENDY O. H[Lt[N ."LSO"'IWHItOl'W VA .'Ukl&AlI LAW OfFICES GOEHRING, RUTTER & BOEHM A PRorESSIONAL CORPORATION FOURTEENTH FLOOR, FRICK BUILDING PITTSBURGH, PENNSYLVANIA 15219 412'2BI'O~B7 F"AXl 412.261.2971 March 1, 1995 VIA EXPRESS MAIL Ms. Mary C. Lewis Register of Wills Cumberland County One Courthouse Square CarliSle, PA 17013 RE: Estate of Nancy W. Rumberger, Deceased File No. 1994-00756 PA File No. 2194-0756 Dear Ms. Lewis: 7) 8) I am enclosing the following: 1) ... RA.."'OND R, OO[HffINQ 1'..'1..31 TUO"''''5 .... RUTTER, ~R 1'.331..0j or COUPHiEL C. .JOHN TILt.......'" on :0:0 c iii ~ O'l " <D ~ ':1" . .~ .~ .. ~ ........ l.;' n. :w \,' ': ~. C. . . ~'. I 0:-', r 0\ " ;t:1 ~;. ; . " .~; t , ,. I::> 1il 'Ot;.. 0 0 ;l>;:... ~ 'G Original and two copies of the Inventory of the probate assets to be filed; Filing fee for the Inventory in the amount of $13; Original and one copy of the Pennsylvania Inheritance Tax Return to be filed; Photocopy of the Federal Estate Tax Return, Form 706 to be filed with t.he Pennsylvania Inheritance Tax Return; Filing fee for the Pennsylvania Inheritance Tax Return in the amount of $15; Check in the amount of $6/239.67 made payable to the Register of Wills, Agent for the Pennsylvania Inheritanqe Tax due; 2) 3) 4) 5) 6) Photocopy of the Inventory for time-stamp and return to me; Photocopy of the cover sheet of the Pennsylvania Inheritance Tax Return for time-stamp and return to me; .. ...... Ms. Mary March 1, Page Two C. Lewis 1995 9) Photocopy of the cover sheet of the Federal Estate Tax Return, Form 706 for time-stamp and return to me; and Self-addressed stamped envelope to be used to return the Inventory and Inheritance Tax filing receipts and the time-stamped cover sheets of the Pennsylvania Inheritance Tax Return and Federal Estate Tax Return, Form 706. Thank you for your assistance. If you have any questions, please contact me or my assistant, Christine Martin. 10) Very truly yours, ~)Jr!*l~rI Raymond R. Goehring, Jr. RRGJr/cmm Enclosures ,".' -' .... -'- -' -'-.. .._ .;;_:......_ __~__.__;,_._,,___~,,_~"~';__,-.;;.;:....;--.;...:.:;.;:,;; ~-~_--..o:.~--~-~""""";'\...----"--_#_-- ~ ~ "S1'.""""""'''''.''''''''''.'''''~'''''"'''''S''''''''''' A/RB/LL 1 ,.,,1 "",..~""""",.........tI"_"'"O'''''''A<''''.''''"''''''''''' ::J28800 4~:Jn ~p~er.r . OUESTIONS? CALL /100.238.5355 rOLL FREE. . PACKAGE'" J '- ' J ~ TRACKING NUM8ER 2288004320 Ollie RECIPIENT'S COpy lo Hlooptllflls Namel Plea~ PIlol I'<<-"*,,I"'_ti.lrt..,y...,~oViI' Robaet J. Wintucs, Cotrlfl.oy B6quicd 4la 261-050 Depar1ment FIoof No M6. Company Mlu'y C. Lc\\'is SlalO Ona Courthou60 Squaro Slale ~f1m':mt floof ~~o \ I " i I i i ! '" IjOEHlllNG kUrrl:R t; P,UlIH1 SI..II..IAIl<IIVU '. Registor of Will>>, Cumborland Coun [.ad Sheel Addltl"jK-,rUII,)/Dtilt" fQ 1'0 IJ'" 01'0 ltpC/IdH) 1";"" r-HICK >>LOG C', C', P 1 r' bURGH 1'/, " rOUR INTeRNAL BILLING RIFlRENClINfORMATlON tOfJlIO/llI} Ifl,.t 24 ,IlI"UHI ",IIIPPU' 011 lntCl/('f} 1-56 Carlisl IF HOLD Ar fCDlX tOCAUON, Ptlllt IfOEX Add,," Hlff Slroel Addlen Stale lfpnGqUlrod " , .. "0 reo""" "offr.l, '1'''''''~II'''''.''''''''''''.~ oeOV1 ~~it;'~.-",.,. .., PACUGf ''''1I'11~'''' "'-''-''- ,~,~., 100 01111NIGllr '00 nnl.D.Ar 'illIG"'" f"tIGH'" ~...-.,-,~~<........." t~.~.~,., ....... ~~....-... DELIVERY AND SPECIAL HANDLING (Checll 16'V"'" roQIJ.redJ ------.-WHiorJ.tr-sm-'co 10HOLDAfflDCJIOCArlONMTCkDAr .f"'..~'.....t" 2~VlilH""TlKDAr Satum.rSom......t J1 DHDlo.uf(DnIOW,~O..~.!:!!;~~~r, J D r.~!~'~Rl~t~~~!.... '0 SAWRDA,rP/Cf./J' ~"I'r"""'" ,1,P.'_l"' (. Sp<<lill'I,I""l~i!l;J .. DDANGIROUSGOODS'h~I''''-\I''' n DP,~J.~~!w...""~'II<""'"'''''''''''~'''''''o..l Dale I ~),..~I r'J""~' U~ SERVICES (C'If'('~ ooi)' one blI., ~c;;;"nir'l.M!iran.ii.(r",,~(.- .'_.h.."................ "......,"-.........-. ..-"..,,,..-.. 11 0 ~l~~GINQ !II 0 ~l~~r;ING 16U3flDt:tllTTlIlo haOfWUlfrrfllo tZOflDllr,u' h2DmufA(t lJDIlDUIIOl h3DfHJ[X,ar '.(OItDH1UBl h.(OffDlX1Uff Ic.,,_.,.>~ (..0 t\t~ O,,,,,.,,.......,..,o.,..nvf\l "......,,, ....~,--. .-,,,,, , ,....,.~.........--"',...,.-'\.' H~\.. C!-'l"Jlc~ CtoGfDOM o C1OOlolut 1}f";',"l,:IV. 1'__4_ ,;.,n'.I'~ I cr1;'.", elly SI"'D z~ 6:t.;;~-. !. To,,,,,TOlal Tl'Ill\1 (!iii 5;~:i'",ih'f ~:-;. .;.,:'.-I','--f' A('(:(/lYoQOy X , I T,;I"I (;!-.I"J"~ On\tlfTllfloAo<Ol\'Clfl FooE_ [mploYflo Numbor I IlIVlSfOl.OA1(I')1 .'A'H ;U~l'.' ,\< 1,,-_.1 tOW,lA.flllll 1160/ ,,,,,,,,,,, \] L t., x w x H I', II ~;Jo '''' ., t'A" I -,",::-,. ~.~._.----_. -~#l-,~,~\ r --\:~~::-/ ... ~'.~ :."~.- -. -_.._~~~. -;..~ RolealO ! /1 6IQf1IltUI'. t', , rl H"'jllll~, I'!, ~ ,t;",_.....t...,..., ..(-:.:.~-- o 12 D~~!!~:,~fIMJly'~-~' 4....~.~.l. ~._....,.~ "l;. . , .' .~ ,.~ / .. . " --~- . ~-:.:-:--'-"':.-..--..._H-_ ~"~ I'" lo_....:.. ALL that certain lot or parcel of land situate Township, Cumberland County, Pennsylvania, bounded and described as follows: in South Middleton more particularly BEGINNING at an iron pin on the easterly right-of-way line of Derbyshire Drive, a 50 foot wide right-of-way, which said point is more particularly located at the intersection of the easterly right-of-way line of Derbyshire Drive and the dividing line between Lots Nos, 12 and 13 on the Plan of Lots known as "Final Plan for Mayapple Village, Derbyshire Lots 1-39"; thence from said point of beginning along the dividing line between Lots Nos. 12 and 13 on the aforesaid Plan of Lots, South 74 degrees 12 minutes 12 seconds East, a distance of 142,55 feet to a concrete monument on the property line of other land of Mayapple Village as shown on the aforesaid plan of Lots; thence from said concrete monument along the property line of other lands of Mayapple Village, South 21 degrees 00 minutes 23 seconds West, a distance of 122,18 feet to an iron pin on the dividing line between Lots Nos, 13 and 14 on the aforesaid Plan of Lots; thence from said iron pin along the dividing line between Lots Nos, 13 and 14, North 61 degrees 43 minutes 50 seconds West, a distance of 140,70 feet to an iron pin on the easterly right-of-way line of Derbyshire Drive; thence from said iron pin along a curve to the left having a radius of 350.00 feet, an arc distance of 91,74 feet along a chord bearing of North 19 degrees 30 minutes 34 seconds East, a chord length of 91,48 feet to the point and place of beginning. BEING Lot No. 13 containing ,3409 acres on the Plan of Lots known as "Final plan for Mayapple Village Derbyshire Lots 1-39," prepared by Statler-Brehm, Engineering and planning Consultants, dated January 26, 1989, and recorded in the Office of the Recorder of Deeds of Cumberland County, Pennsylvania in Plan Book 58, page 68- A, UNDER AND SUBJECT to building setbacks as set forth on the above mentioned plan, being a 30 feet front setback line, a 40 feet rear setback line, and a 10 feet side setback line, ALSO UNDER AND SUBJECT to the restrictions as more particularly set forth in the Declaration of Covenants and Restrictions dated June 16, 1989, made by 539 Development Company, and recorded in the Office of the Recorder of Deeds of Cumberland County, Pennsylvania on June 16, 1989, in Misc, Book 365, Page 566; the Supplemental Declaration of Covenants and Restrictions dated October 16, 1989 made by 539 Development Company recorded on October 16, 1989 in Misc, Book 370, page 720; the Amended Supplemental Declaration of Covenants and Restrictions dated October 17, 1990, made by 539 Development Company, and recorded in the Office of the Recorder of Deeds of cumberland County, Pennsylvania on October 25, 1990 in Misc, Book 388, page 1089; and to all other restrictions, reservations, setback lines and rights-of-way of record. !J.,,- ? REV-lS47 EX AFP (12-94)* COHHOHWUL HI OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU Of INDIVIDUAL TAXES . DEPT. ua601 ttAARlSIURC, PA 11ua-a601 NOTICE OF INHERITANCE TAM APPRAISENENT, ALLOWANCE OR DISALLOWANCE OF OEDUCTIONS AND ASSESSNENT OF TAM ACN 101 DATE 05-08-95 Oo'i- . V S TE OF FILE NO. DATE OF DEATH 06-06-94 COUNTY CUMBERLAND NOTE. TO INSURE PROPER CREDIT TO YOUR ACCOUNT. SUBNIT THE UPPER PORTION OF THIS FORN WITH YOUR TAM PAYNENT TO THE REGISTER DF WIllS, NAKE CNECK PAYABLE TO "REGISTER OF WIllS, AGENT" REMIT PAYMENT TO: ROBERT J WINTERS ESQ GOEHRING ETAL 1424 FRICK BLDG PGH PA 15219 REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 AIWaunt R..Ht.d CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR RECORDS ...... ifiv:is4i-EiC"AFP-nZ:94Y-iloYicE--OF--iiiHEiiii'ANCE-YAX-APPRAisEifiil'r,--.u,UiwAifcE-oli----------------- DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF RUMBERGER NANCY W FILE NO. 21 94-0756 ACN 101 DATE 05-08-95 APPROVED DEDUCTIONS AND EXEMPTIONS: 25,~9,65 9. Funeral Expan.../Ad... Coat,/Hllc. Expen... (Schedule Hl (91 10. Debts/Hodgag. Liabiliti../Llana (Schedula Il (10) 153.11 11. Tobl Deductions (1) 12. Hat V.lu. of ra)( R.turn (12) 13. Charitable/Governll.nt.l aequ..h (Soh.dub .J) 1131 14. H.t V.lu. of Eat,t. Subject to raM (141 NOTE: If an assessment was isslJed previouslY, lines 14, IS andl'or 16. 17 and 18 will reflect figures that include the total of ALL returns assessed tD date. ASSESSMENT OF TAX: 15. Allount of Lln. 14 .t Spau..l rata (15) 16. Altount of Lin. 14 bx.bl. .t Lin..lICl... A rat. (16) 17. Allount of Lin. 14 t.xabla at Collat.ral/C1a.. Brat. (17) 18. Princip.l Tax Dua TAX RETURN WAS, I X I ACCEPTED AS FILED RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Raal E.t.t. ISchadula A) (1) 2. stock. and Bond. (Sch.dul. B) (2) 3. Clo..ly H.ld stock/Partn.r.hip Intara.t ISch.dule C) (3) 4. Hortgaga./Hot.. RaceiYabla (Schadule D) (4) S. Ca.h/Bank Dapo.ita/Hi.a. Parsonal Proparty (Schadula E) CS) 6. Jointly Ownad Proparty (Schadule F) (6) 7. Tran.f.rs (Schadul. G) (7) 8. Total A...ta CHANGED (")0 c? ,(i 205,lfuo.00 \j1 .00 ~~ . DO 1 ,DO VI 8.740.00 .00- . 617,3,-1.64 .j\ ,.....~ (8) \.,.oJ .00 805,748,88 ,DO M . DO. M ,06. K ,15. !lB) TAX CREDITS: PAYNENT DATE 08-30-94 03-03-95 DISCOUNT c.) INTEREST ,- I 2.105,26 ,DO ANOUNT PAID 40,000.00 6,239,67 RECEIPT NUNBER MM912887 AA022900 TOTAL TAX CREDIT BALANCE OF TAX DUE INTEREST TOTAL DUE :-rJ :11 rl I ,\ ~ J ~. ... "., I 831,121,64 ?G 37? 76 805,748,88 ,DO 805,748.88 ,DO 48.344.93 ,DO 48.344.93 48,344.93 .00 ,DO ,DO . IF PAID AFTER DATE INDICATED, SEE REVERSE FDX CALCULATION OF ADDITIONAL INTEREST, IF TOTAL DUE IS LESS THAN '1, NO PAYNE NT IS REQUIRED, IF TOTAL DUE IS REFLECTEO AS A "CREDIT" (CRI, VOU NAY BE DUE A REFUNO. SEE REVERSE SlOE OF THIS FORN FOR INSTRUCTIONS.) RESERVATION I E.tat.. 0' decedent. d~lna on o~ b.for. D.c..b.~ 1', I'.' .. If an~ 'utur. Int.r..t In the ..tat. I. tran"a~r.d In po.....lon or anJoy.ant to Cl... . (coll.t.r.l) bane'lcla~I.. of tha d.c.dant .ft.~ the .xplratlon 0' any ..'at. 'o~ 11'a or for y..r., tha Co..anw..lth h.rab~ .xpr...I~ r...tv.. the right to app~.I.. and ...... ttan.,.r Inh.~ltanc. T.x.. at the l.w'ul CI... . (col1.t.r.l' t.t. on any .uch 'utur. Int.r..t. _Of HaTICEI To fulfill the r.qulr.aant. 0' s.ctlon 21~0 of the Inherltanc. and E.t.t. Tax Act, Act 21 of 1991. 11 P.S. S.ctlon 214f. PA~TI Detach the top pottlon 0' thl. Hotlc. ~ .ubalt with your p.ye.nt to the R..I.tl~ of Will. p~lnt.d on the ~,vlr.. .Ida. --Mak. chack o~ aon.y order payabl. tal REGISTER OF MILLS I AGENT All p.yaant. r,cllved ~11 flr.t b. appll.d to an~ Int'~I.t whIch .IY bl dul wIth any r...lnd.r appllld to the tax. REFUND (CR)I A r.fund a' I tax cr.dlt, which w.. not raqul.tad an the Tax Alturn, .ay b. r.qua.t.d b~ coapl.tlng an "ApplIcation 'a~ A.,und 0' p.nn.ylvanll Inherltanc. and Ettat. Tn" (REV-lSlS). Appllcltlon. ar. av.Uabl. It the Offlc. 0' tha R.,I.t.r 0' WUh, an~ of thl U R.vWlUl Dlttrlct OfficII, o~ by cIUlna the .p.elal 2".hou~ an.w.~lng ..rvlc. nuab.~. 'or for.. ord.rlngl In P.nn.ylvanl. I-BOO.S6'.2050, out.ld. Pann.ylvanla and wIthIn loc.l H.rrl.burg ara. (117) 7B7-B09~, TOOl (717) 772-2252 (H..rlnl lapllr.d Only). OBJECTIONS I Any p.rty In Intar..t not ..tl.,I.d with the appr.I",,"t, allowanc. or dl..llowanc. 0' d.du~tlon., ar .......ant of tn (Including discount or Int.rllt) II shown on thl. Hotlc. IN.t obJ.ct within '1xt~ (60) day. 0' rec.lpt 0' this Hotln bYI --written prot..t to the PA D.p.rt..nt 0' R.v.nu., Bo.rd 0' App..l., D.pt. 211021, Harrl.bur" PA 17128.1021, OR --.I.ctlon to h.v. the ..tt.r d.t.raln.d at audIt 0' the .ccount 0' the p.t.onal r.pr..ant.tlv., OR .-.pp..1 to the Orphan.' Court. ADtUH ISTRATlVE CORRECTIONS. INTEREST I FactuII .rror. dl.cov.~.d on thl. ........nt .hould b. .ddr....d In writing tOI PA D.p.rt..nt 0' R.v.nut, Bur..u of IndIvidual T...., ATTHI po.t A.......nt R.vl.w Unit, Dlpt. 210601, H.rrl.bu~I, PA 1'121-0601 Phona (117) 717-6505. S.. p.g. 5 0' thl booklet "In.tructlon. for Inherltanc. Tlx A.turn 'o~ . R..ld.nt D.c.d.nt" tREY-1501) 'o~ an ..planatlon of adalnl.tr.tlv'IY corrlctlbl. .rror.. I' any tex due I. p.ld within th~.. (5) callnd.r tonth. ,ft.~ the dac.d.nt'. d.ath, . 'Iv. p.rc.nt (IX) dl.count 0' the tax paid I. .llow.d. Int.ra.t I. ch.rg.d b.,lnnln. with ,Jr.t dey 0' d.llnqu.ncy, or nine (9) _onth. and on. (I) d.~ 'roe thl data 0' d.ath, to the d.t. of pay.ant. Tax.. which b.c... d.linquent b.fora January I, 1912 ba.r Inter..t .t thl r.t. of .I~ (6~) p.rcant par ~ c.lcul,t.d at I d.lly reta 0' .DOOI6~. All tax.. Which b.c... dellnqu.nt on end a,t.r Januar~ I, 191' will b.ar Inter..t .t a rat. Which will v.ry fro. c.land.r y..r to c.lend.r y..r with that r.ta announc.d b~ the PA D.part..nt 0' R.v.nu.. Th. appllcabl. Int.r..t rat.. for 1982 through 1995 .r., DISCOUHT I ~ Intarllt Rat. D.lly Int.r..t Factor !!!r Intar..t Rat. Dally Int.r.st Factor 1911 zn .0005,.. 1987 '2 .000247 1915 162 .000451 1988-1991 112 .oonol 1984 11;( .000501 1992 9Z .000247 1915 U2 .000556 1995-1994 72 .000192 1'86 In .000274 1995 9Z .000247 --Int.rllt .. cllculat.d .. 'ollow'l INTEREST . BALANCE OF TAX UNPAID X NUNBER DF DAYB DELINQUENT X DAILY INTEREST FACTOR --Any Hottn Inuad Ift.r the t.x beco... d.lInquent will nflKt an Int.rllt c.lculatlon to flft.en (5) d.ys b.yond the d.t. of the .......ant. I' payeant I. .ad. a't.r the Int.r..t co.putatlon data .hown on thl Notln, Iddl tlonal Int.rllt ...t be cllculatld. '. ~!V-483 EX AFP (lZ094*, ' CDHHOHW(ALTH OF PEHNSYLVAHIA DEPAATKENT OF REVENUE .( IURUU Of INDIVIDUAL TAXES DEPf. 21D60l HARRISIURG, PA 17121-0601 /4'd~a.-/() {, ::l'lY - r? (\ VI ACN 201 01' . V DATE 05-08-95 NOTICE OF DETERMINATION AND ASSESSMENT OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL ESTATE TAX RETURN ES T OF RUMBERGER NANCY W FILE NO.21 94-0756 DATE OF DEATH 06-06-94 COUNTY CUMBERLAND NOTE. TO INSURE PROPER CREDIT TO YOUR ACCOUNT, SUBHIT THE UPPER PORTION OF THIS FORH WITH YOUR TAX PAYHENT TO THE REGISTER OF WILLS. HAKE CHECK PAYABLE TO "REOISTER OF WILLS, AGENT". REMIT PAYMENT Tal ROBERT J WINTERS ESQ GOEHRING ETAL 1424 FRICK BLDG PGH PA 15219 REGISTER OF WILLS CUMBERLAND CO COURT CARLISLE, PA 17013 I HOUSE Allount R..ltt.d CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR FILES ~ Rifv=483i.EX..AFp.i.iz:-94j.........Niificif.oF..DETE-RHIiiAfIo.N.AiiD.AllsEss.HENif.....----...........---..... OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL ESTATE TAX RETURN .. ESTATE OF RUMBERGER NANCY W FILE NO.21 94-0756 ESTATE TAX DETERMINATION ACN 201 DATE 05-08-95 1. Credit For State Death Taxes as Verifiad 15.697.00 2. Pennsylvania Inheritance Tax Assessed (Excluding Discount and/or Interest) 46.239.67 3. Inheritance Tax Assessed by Other States or Territories of the Unitad States (Excluding Discount and/or Interest) .00 4. Total Inheritance Tax Assessed 5. Pannsylvania Estate Tax Due TAX CREDITS I PAYMENT DATE RECEIPT NUMBER DISCOUNT (+) INTEREST (-) AMOUNT PAfllQ c: ." ri n ::D :'Or;) . . , (<' ("", ;r:.-; ....., ., '0 )~... .~ ~ '>JI ::!. I I I I I , , I. I Jl -IF PAID AFTER THIS DATE, SEE REVERSE SIDE FOR CALCULATION OF ADDITIONAL INTEREST. TOTAL TAX CREDIT .00 BALANCE OF TAX DUE .00 INTEREST .00 TOTAL DUE .00 elF TOTAL DUE IS LESS THAN 'I, NO PAYHENT IS REQUIRED IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CRI, YOU HAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FDRH FOR INSTRUCTIONS.) PURPOSE Of NOnCEI To 'ulflll the r.qulr..ant. 0' SectIon '145 Cb) of the Inh.rltancl and E.tata T.x Act, Act ZZ of 1991. (72 P.S. Section Z145,. PAYHENTI natach the top portIon 0' thl. Notlc. and .~It with your p.yaant to the R.,I.t.r of Will. prInted on the r.v.r.. .1.... -- Hak. check o~ 'ona~ ord.r p.y.bl. tOI REGISTER OF MILLS, ADENT. All Ply..nt. r.c.lv.d ,hall b. .ppll.d flr.t to any Int.r"t whIch ..~ b. due with en~ r..alnd.r appll.d to the taM. REFUND (CAJI A r.fund of . t.x cradlt ..y b. r.quast.d by caaplatlng en "Appllc.tlon for R,'und of penn.ylvanla Inherltanc. and Eat.t. Tax" (REV-ISIS). Appllc.tlon. ara .vallabl. .t the O'flc. 0' the R.gI.t.r of WIlli, any of tha 25 R.venu. DI.trlct D'flc.. or 'ro. the n.p.rt.ant'. Z~-hour an.w.rlng ..rvlc. nuab.r. 'or fora. ord.rlnal In Penn.Ylvanla t.aOO-S6Z-Z0S0, out,ld. Pann.vlvanl. ~ withIn local H.rrl.burg .r.. ('17) '17-1094, TDD' (111) 77Z-ZZSZ (H..rlnG lap.lr.d Onl~). OBJECnONSI Any p.rty In Int.rllt not IIU.,I.d with the .......ant of tu II .hown on this notlca .ay DbJ.ct within .Ixty (60) day. of r.c.Jpt of thl. Notlc. bYI --wrItten prot..t to the PA Oap.rhant of R.vanu., Board 0' App..", O.pt. Zl1OZI, H.rrhbura, PA l1ua-lOn, OR --.I.ctlna to have the ..tt.r d.t.raln.d .t audIt of the p.r.onal rapr.....,t.Uv., OR ....pp..1 to th. Drphlll1" Court. ADHIH- ISTRAUVE CORRECTIONS. Factu.1 .rror. dl.cov.rtd on thl. .......ant .hould b. addr...ed In writing tal PA D.p.rtaant of R.venu., Bur.au 0' Indlvldu.l T...., ATTNI Poat A.....aant Rtvlaw UnIt, D.pt. Z10601, Harrlsbura. PA 11121.0601, Phon. ('11) 717-6505. s.. p.a. 5 0' the bookl.t "In.tructlon. for Inh'rlt~. T.x R.turn for a R..ldant D.c.d.nt" (REV-ISo1) 'or an .xplanatlon of adalnlatr.tlv.lv corractabl. .rror.. IHTEAESTI For dat.. 0' d.ath on or .,t.r 10-5-'1, Penn.ylvanla E.tat. T.x b...d on the F.d.r.l E.t.ta T.x r.turn baCot.. d.llnquant .t the .xplr.tlon 0' nln. (0') aonth. 'roa th. data of d..th. For data. 0' d..th prIor to 10-5-91, P.nn.ylvanla Elt.t. T.. ba.ad on the f.d.r.l E.tnt. raM r.turn b.coaa. d.llnquent at th. .xplr.tlon of .Ight.an (II) IOnthl 'rot tha data of d..th. T.... which bac... d.llnquant b,'ora Janu.r~ 1, 191Z b.ar Int.~..t at the r.t. of .IM (6~) p.rcent p.r annua calculat.d at . d.lly r.t. of .000164. All tax.. which baca.. d.llnquant on or a't.~ January 1, 1912 will b..r Int.r..t .t . r.t. which will v.ry fto. c.l.nd.r y..r to c.l.nder ~'.r with that r.t. announc.d by the PA O.p.rt..nt of R.vanu.. The eppllcabl. Int.r..t ~at.. 'or 1912 through 1995 .r'l Y..r Int.ralt R.t. O.llv Int.r..t r.ctDr !!!! Int.r..t R.t. DaUy Intar..t F.ctor 1912 2DX .000548 1987 .X .000247 1985 16X .000451 1981-1991 llX .000501 1914 llX .000301 1992 'X .000247 1985 UX .000556 1995-19'" T< .000192 1916 lOX .000274 1995 OX .00024' --Int.r..t I, c.lcul.tad .. follow.. INTEREST = BALANCE OF TAX UNPAID X NUNBER OF DAYB DELINQUENT X DAILY INTEREST FACTOR --An~ Notlc. I..ued .ft.r the tax baco... dallnquent wIll r.,I.ct an Int.r..t c.lculetlon to flft.en (15) d.y. b.yond the det. of the ........nt. If pay.ant I. ..d. ,'t.r lha Int.r..t coaput.tlon date .hown on the NotJc., .ddltJon.l Jnt.r..t .u.t b. calculated. () II , :1) S \.", , ). ,-1 t -, I Q) ') . , " -. .. " , " CO I'IJIll'Ml':Of HOTlCEI To fulfIll thl raqulr..ant. of S.etlon 2145 (b) of the Inh.rltanc. and E.tat. T.x Act, Act 22 of 1,'1. C,Z P.s. SKtlon 2145). PAVltEMTI U.tech the top portion of thl. Notlca end .ubalt with your pav-ant to tha A.al.t.r of Will. prlntad on the rav.r.. sid.. __ Hak. chack or .ontI~ ord.r p.~abl. to I REGISTER OF MILLS I ADENT. All pay.~t. r.c.lv.d .h.l1 b. appll.d flr.t to an~ Int.r..t whIch .ay b. due with any r...lnd.r appll~ to the t.x. REflJ(D (CA). A r.fund of . tax cr.dlt ..y b. r.qu..tad b~ coaplatlna an "Application for A.fund of Ptnn.ylvanla Inheritance and E.t,ta Tn" (REV-ISlS). Appllc.tlon. ara .vellabl. at the Offln of the R.ghter of WIU., an~ of thl ZS Ravanu. DI.trlct Offlc.' or fro' the n.p.rtaant" Z4-hoUr an.w.rlnG s.rvlce nuablr' for for.' ord.rln'l In p.nn.ylvanla l-IOO-S6Z-Z0Io, out.ld. pann.~lvanl. and wIthIn local Harrl.burg ar.. e71') 71'-1094, TODI ('11' "2-2252 (H..rlng lap.lr.d OnlY'. OBJECTIONS I Any p.rty In Int.r..t not ..tl.fl.d with the ......lInt of tax .1 .nown on thl. notlc. .a~ obj.ct withIn .Ixty (60) day. of r.c.lpt of thl. Notlc. by, --wrltt.n pro tilt to the PA n.pert..nt of R.vanu., Board of App..ls, D.pt. 211021, H.rrlsbUrlh PA UUI-lOU, OR --.l.ctlng to h.ve the .attar datar.lnld .t .udlt 0' the p.r.on.1 r.pr...nt.tlv., OR __.pp... to the Orphana' Court ADHIH- lSTRATlYE CORRECTIOHSI Factual arror. dl.co~.r.d on thl. ........nt .hould ba addr...ed In wrIting tol PA D,part..nt of R'v~, Bur.au of Indh,IdUII TaMil, ATTNI post A.......nt R.vl.w Unit, O.pt. 210601, llarrhbUrg, PA 17128-0601, Phone (117) 71'-6505. S.. p.,. 5 0' the bookl.t "In.t~uctlon. for Inherltanc' T.M R.turn 'or a R..ld.nt Dacadant" tREY-1501) for an Ixplanatlon of ed.lnl.tr.tlv.ly corr.ct.bl. .rror.. INTEREST' AddItIonal P.nnsYlvanla E.tat. T.x .......d .. . r..ult of a chanDa on the Fad.r.l E.tata 'IX clo.lng latt.r b.co... d.llnqu.nt at tha .xplr.tlon of on. (I> .onth frDl the data the fin.l notic. of tha Incr.... In Fad.r.l E.t.t. T.x II r.calvad. T.x" which b.c... d.llnqu.nt b.for. Janu.ry 1, 1912 b..r Int.r..t at the rate of .Ix (6~) p.rc.nt p.r ~ c.lcul.t.d .t . d.ll~ tat. 0' .00016~. All t.... whIch b.cIII d.llnquant on a~ .,t.r January 1, 1'12 will bI.r Int.ra.t .t . r.ta whIch will v.r~ fro. c.l.ndar y.er to c.l.nd.r yaar wIth that rat. announc.d b~ the PA D.p.rtaant 0' A.v,nu.. Tha appllcabla Int.r..t rat.. 'or 1'12 through 1995 ar'l 'lur tnt.,....t R..t. ".llv Int.,....~ ~..etOr. XU< Tnt.,....t R..t. n..llv Int.,..... ~"l!tD" 1912 ZDiC .0D054' 1'1' 'X .DOOZ47 1'15 16:C .00D45' 1911-1991 llX .00DSal I'" lliC .Oonal 1992 'X .000'41 1915 niC .0DOSS6 1995-1990\ r. .00D192 1916 lOX .ODD274 1995 'X .OD0241 -"Int.r..t I. c.lcul.tad .. followll IHTEREST a S^LAHCE OF un UHP^ID x HUHDER OF DnS DELIHQUENT x DULY INTEREST F^CTDR -.anv Hotlce I..ued aftar the tax b.co.,' dallnquent will r.flact an Int.r..t calcul.tlon to flft.~ (15' d.y. b.yond th. data of tha ......aant. If p.yaent I. .eda .ft.r the Intar..t coaput.tlon d.t. .hoWn on the Notlc., addltlon.l Int.r..t lU.t bI c.lcul.ted. ~-736 EX AFP (12-9*1 CGHKOHWEAlTH OF PENNSYLVANIA Df.PARTtlEHT OF AEVEHUE BUREAU OF JHDJYlDUAl TAkES DEPT. 2U6DI t~AIS.URa, PA 1'1'1-0601 / 'I - J :>;\ -/D ? - !5 '/1' -- '/ ACN 202 t. NOTICE OF 'DETERMINATION AND ASSESSMENT OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL CLOSING LETTER DATE 10-09-95 ESTATE OF RU~BERGER NANCY W FILE NO. 21 94-0756 DATE OF DEATH 06-06-94 COUNTY CUMBERLAND NOTE. TO INSURE PROPER CREDIT TO YOUR ACCOUNT, SUBHIT THE UPPER PORTION OF THIS FORH WITH YOUR TAX PAYHENT TO THE REGISTER OF WIllS. HAXE CHECX PAYABLE TO "REGISTER OF WILLS, AGENT". REMIT PAYMENT TOI ROBERT J WINTERS ESQ GOEHRING ETAL 1424 FRICK SLDG PGH PA 15219 REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 I Allount R..Ut.d CUT ALONG THIS LINE .. RETAIN LOWER PORTION FOR YOUR FILES .... Rifv:736--EX--AFP--{i2~-94j-----.-.-NiificE--OF--OETE-RHiiiATioii-AN-O-A!iSESS-HENT----------------------------- OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL CLOSING LETTER MM ESTATE OF RUMBERGER NANCV W FILE NO.21 94-0756 ACN 202 DATE 10-09-95 ESTATE TAX DETERMINATION 1. Credit For State Death Taxes as Verifiad 15,697.00 2. Pennsylvania Inheritance Tax Assessed (Excluding Diacount and/or Interast) 46.239.67 3. Inheritanca Tax Aasassed by Othar States or Territorias of the Unitad Statas (Excluding Diacount and/or Intarast) .00 4. Total Inheritance Tax Assessad 5. Pennsylvania Estate Tax Dua 6. Amount of Pennsylvania Estntn Tnx Previously Assessnd Besed on Federel Estete Tax Raturn .00 7. Additional Pennsylvania Estata Tax Due .00 TAX CREDITS I PAVMENT DATE RECEIPT NUMBER DISCOUNT (+) INTEREST (-) AMOUNT PAID TOTAL TAX CREDIT BALANCE OF TAX DUE INTEREST TOTAL DUE 00 00 o · ~~RP~!rc6Elf~0~H6~ Rab~Tf~RA~EYR~~RE~fDE I IF TOTAL DUE IS lESS THAN U. NO PAYHENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A "CREDIT" YOU HAY BE DUE A REFUHD. SEE REUERSE SIDE OF THIS F~RH FDR INSTRUCTIONS. I ICRI, ~ - .jt/.V - 7 ~ IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA IN RE: ESTATE OF NANCY W. RUMBERGER, DECEASED ORPHANS' COURT DIVISION No. 1994-00756 CERTIFICATION OF NOTICE Filed on Behalf of the Estate Counsel of Record for this Party: RAYMOND R. GOEHRING, JR., ESQUIRE PA 1.0. # 00601 GOEHRING, RUTTER & BOEHM Firm #102 1424 Frick Building pittsburgh, PA 15219 (412) 281-0587 s;; ;.< I Ul :0 :D~J ft. n n;l lJ ~:( n<. (\ {, ,.,:'\: 00 eOi' ~ -~ c:r .~. ~ I..: ,', ,--- T', ..u~ )";:1. ;3 -" ~.,.. "," .~: i= (irel .... .' - co - I I i I' I I I NOTICE OF BENEFICIAL INTEREST IN ESTATE BEFORE THE REGISTER OF WILLS, COUNTY OF CUMBERLAND , PENNSYLVANIA In reI Estate of NANCY W. RUMBERGER , Deceased No. 1994-00756 TO: Dalton L. Rumberger, Trustee 27 Derbyshire Drive Carlisle, PA 17013 Please take notice of the death of decedent and the letters to the personal representative(s) named below. have a beneficial interest in the estate as follows: grant of You may Residue of Estate to Nancv W. Rumberaer Trust dated 11/12/92 Name of decedent Nancv W. Rumberaer Last known address 27 Derbvshire Drive. Carlisle. PA 17013 Date of Death June 6. 1994 Place of Death Cumberland county of grant of original letters Testamentarv Decedent died x testate intestate. A copy of the will is x is not attached. Name(s), address (es) and telephone number(s) of all personal representatives appointed: Dalton L. Rumberaer. 27 Derbvshire Dr.. Carlisle. PA 17013 Telephone (717\ 243-3149 Name(s), addressees) and telephone number(s) of all counsel: Name RAYMOND R. GOEHRING. JR.. ESOUIRF. Telephone: (412) 281-0587 Goehring, Rutter & Boehm, 1424 Frick Bldg, Pittsburgh, PA 15219 Additional information may be Date: Mav 3. 1995 o~~erSigned: Signature Name RAYMOND R. GOEHRING. JR.. ESO. Address Goehring, Rutter & Boehm 1424 Frick Building Pittsburgh, PA 15219 Telephone (412) 281-0587 Capacity: Personal Representative xxx Counsel for Personal Representative .' NOTICE OF BENEFICIAL INTEREST IN ESTATE BEFORE THE REGISTER OF WILLS, COUNTY OF CUMBERLAND , PENNSYLVANIA In re: Estate of NANCY W. RUMBERGER , Deceased No. 1994-00756 TO: Mellon Bank N. A., Trustee Ms. Tina Thomas Assistant vice President One Mellon Bank Center Pittsburgh, PA 15258-0001 Please take notice of the death of decedent and the letters to the personal representative(s) named below. have a beneficial interest in the estate as follows: grant of You may Residue of Estate to Nancv W. Rumberaer Trust dated 11/12/92 Name of decedent Nancv W. Rumberaer Last known address 27 Derbvshire Drive. Carlisle. PA 17013 Date of Death June 6. 1994 Place of Death Cumberland county of grant of original letters Testamentarv Decedent died x testate intestate. A copy of the will is x is not attached. Name(s), address (es) and telephone number(s) of all personal representatives appointed: Dalton L. Rumberaer. 27 Derbvshire Dr.. Carlisle. PA 17013 Telephone 1717\ 243-3149 Name(s), address (es) and telephone number(s) of all counsel: Name RAYMOND R. GOEHRING. JR.. ESOUIRE Telephone: (412) 281-0587 Goehring, Rutter & Boehm, 1424 Frick Bldg, pittsburgh, PA 15219 Additional information may be Date: Mav 3. 1995 obt~~ undersigned: t.~. Signature Name RAYMOND R. GOEHRING. JR.. ESO. Address Goehring, Rutter & Boehm 1424 Frick Building PittSburgh, PA 15219 Telephone (412) 281-0587 Capacity: Personal Representative xxx Counsel for Personal Representative J NOTICE OF BENEFICIAL INTEREST IN ESTATE BEFORE THE REGISTER OF WILLS, COUNT'l OF CUMBERLAND , PENNSYLVANIA In re: Estate of NANC'l W. RUMBERGER , Deceased No. 1994-00756 TO: Jeffrey S. Rumberger 107 Gladewood Lane Hurricane, WV 25526 Please take notice of the death of decedent and the letters to the personal representative(s) named below. have a beneficial interest in the estate as follows: grant of You may No Beneficial interest Name of decedent Nancv W. Rumberqer Last known address 27 Derbvshire Drive. Carlisle. PA 17013 Date of Death June 6. 1994 Place of Death Cumberland County of grant of original letters Testamentarv Decedent died x testate intestate. A copy of the will is x is not attached. Name(s), address (es) and telephone number(s) of all personal representatives appointed: Dalton L. Rumberqer. 27 Derbvshire Dr.. Carlisle. PA 17013 Telephone (7171 243-3149 Name(s), address (es) and telephone number(s) of all counsel: Name RAYMOND R. GOEHRING. JR.. ESOUIRE Telephone: (412) 281-0587 Goehring, Rutter & Boehm, 1424 Frick Bldg, Pittsburgh, PA 15219 Date: Mav 3. 1995 obtai".~~~erSigned: ~1' / signature Additional information may be Name RAYMOND R. GOEHRING. JR.. ESO. Address Goehring, Rutter & Boehm 1424 Frick Building pittsburgh, PA 15219 Telephone (412) 281-0587 capacity: Personal Representative xxx counsel for Personal Representative please take notice of the death of decedent and the letters to the personal representative(s) named beloW. have a beneficial interest in the estate as follows: grant of You may BEFORE THE REGISTER OF WILLS, COUNT'i OF CUMBERLAND , PENNSYLVANIA In re: Estate of NANCY W. RUMBERGER ' Deceased No. 1994-00756 TO: Amy R. palma c/o Dalton L. Rumberger 27 Derbyshire Drive carlisle, PA 17013 NOTICE OF BENEFICIhL INTEREST IN ESThTE ~o Beneficial interest Name of decedent NancV W. Rumberaer Last known address 27 Derbvshire Drive. carlisle. PA 17013 Date of Death June 6. 1994 Place of Death cumberland county of grant of original letters Testamentarv Decedent died x testate intestate. A copy of the will is x is not attached. Name(s), addresS (es) and telephone number(s) of all personal representatives appointed: palton L. Rumberaer. 27 Derbvshire Dr.. carlisle. PA 17013 Telephone 1717\ 243-3149 Name(s), address (es) and telephone number(s) of all counsel: Name FAYMOND R. GOEHRING. JR.. ESOUIRE Telephone: (412) 281-0587 Goehring, Rutter & Boehm, 1424 Frick Bldg, pittsburgh, PA 15219 Date: MaV 3. 1995 Ob~~rSigned: signature Additional information may be ,Name RAYMOND R. GOEHRING. JR.. ESO. AddresS Goehring, Rutter & Boehm 1424 Frick Building pittsburgh, PA 15219 Telephone (412) 281-0587 capacity: personal Representative xxx counsel for personal Representative .' .. FIRST AND FINAL ACCOUNT AND PROPOSED DISTRIBUTION FOR DALTON L. RUMBERGER, EXECUTOR OF THE ESTATE OF NANCY W. RUMBERGER, DECEASED Late of 27 Derbyshire Drive, South Middleton Township Cumberland County, PA FILE NO. 1994-00756 PA FILE NO. 2194-0756 Date of Death: Date of Executor's Appointment: Date of First Advertisement of Letters: Accounting for the Period: June 6, 1994 February 14, 1995 March 7, 1995 June 6, 1994 January 17, 1996 Purpose of Account: The Executor offers this account to acquaint interested parties with the transactions that have occurred during his administration It is important that the account be carefully examined. Requests for additional information or questions or objections can be discussed with: Robert J. Winters, Esquire PA I.D. #28758 Raymond R. Goehring, Jr., Esquire PA LD. #00601 Goehring, Rutter & Boehm Firm #102 1424 Frick Building Pittsburgh, PA 15219 (412) 281-0587 , . ESTATE OF NANCY W. RUMBERGER, DECEASED SCHEDULE A: PRINCIPAL-PERSONALTY RECEIPTS PER INVENTORY 06/06/94 Assets listed in Inventory per copy attached (Exhibit 1) $ 8.740.00 $ 8,740.00 , -4- - '- - - ,','-'(--,:-:--^', -----,_..,~,... '--<,'i'.r:,~J1~~ffl;;,;~~.J<k.t!'ti'<~!-Yf,~'4- (!-"''*'*-~;~it-i,~w..\:\ ~-~ e , " ESTATE OF NANCY W. RUMBERGER, DECEASED SCHEDULE B: PRINCIPAL-REALTY RECEIPTS PER INVENTORY 06/06/94 Assets listed in Inventory per copy attached (Exhibit 1) and more particularly described in Exhibit 2 attached $ 205.000.00 $'205,000.00 .... -,-' '{' . \1 -5- IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA IN THE MATTER OF THE ESTATE OF NANCY W. RUMBERGER DECEASED ORPHANS' COURT DIVISION No. 1994-00756 PROPOSED PETITION FOR DISTRIBUTION TO THE HONORABLE, THE JUDGES OF SAID COURT: The Petition of Dalton L. Rumberger, Executor respectfully represents as follows: 1. The decedent died June 6, 1994, testate, and at that time was domiciled in cumberland County, Pennsylvania. 2. Letters Testamentary on her estate were granted on the 14th day of February, 1995, the above-captioned proceeding. 3. There are no additional receipts of principal, disbursements or administrative expenses anticipated. 4. The balance for distribution is the Mink Jacket Jewelry Real Estate Located at: 27 Derbyshire Drive Carlisle, Cumberland Cty, PA 205.000.00 $ 213,740.00 following personalty: $ 450.00 8,290.00 REMAINING BALANCE FOR DISTRIBUTION 5. petitioner proposes to distribute the remaining balance of the estate as follows: TO: Dalton L. Rumberger Tangible Personal Property consisting of: Mink Jacket $ 450.00 Jewelry 8.290.00 TOTAL...................$ 8,740.00 TO: Dalton L. Rumberger and Mellon Bank, N.A., Co-Trustees in the Nancy W. Rumberger Trust Fund B, dated November 12, 1992 Real Estate at: 27 Derbyshire Dr Carlisle, Cumberland Cty, PA S 205.000.00 TOTAL. . . . . . . . . . . . . . . . . . . $ 205,000.00 -6- 6. To the best of Petitioner's knowledge, there are no unpaid creditors or claims against the estate. 7. Petitioner has given written notice of the filing of the account and of the call thereof for audit confirmation to all persons having interests as heirs as follows: a) Decedent's Spouse and Co-Trustee, Dalton L. Rumberger 27 Derbyshire Drive Carlisle, PA 17013 b) Decedent's Son, Jeffrey S. Rumberger 107 Gladewood Lane Hurricane, WV 23133 c) Decedent's Daughter, Sue R. Foster 1108 Johanna Bay Dr. Midlothian, VA 23113 d) Decedent's Daughter, Amy R. Palma 27 Derbyshire Drive Carlisle, PA 17013 e) Decedent's Daughter, Jane Elizabeth Rumberger 136 Jarod Dr. Coraopolis, PA 15108 f) Co-Trustee of Decedent's Trust, Mellon Bank, N.A. c/o Robert Anderson One Mellon Bank Center Pittsburgh, FA 15258-0001 Dated //v;h-( Respectfully submitted, GOEHRING, RUTTE~BOEHM By: ~~cL:~& Rb~~~lnters, Esquire By: ~t~,,/ Raymond R. Goehr ng, Jr., Esqu re -7- , FORM 16/1EO, WILLS INVENTORY of .11 ,..1 .nd p.rlon.1 ....1. of Nancy W. Rumb"r~..r dece.sed, lell of 27 Derbyshire Driye. Carlisle CnunGer .,11 ......., South Middleton Township (Borough or Town.~1 who dl.d June 6. 1994 (dale 01 dc."~ d Idyl . ~~'e'ounIY. P.nn.ylv.nl.. 170 13 I~Cod.1 PERSONAL ESTATE SCHEDULE 1. Mink Jacket - Value per Appraisal $ 450.00 8,290.00 2. Jewelry - Value per Appraisal TOTAL PERSONALT'i $ 8,740,00 ~Q t'i\ :lJ~ !P. rop r.r .... ~o ~) -,~ ~ ,.. O. ,i' .. t.,l ~'. , " : . 0\ _.. ';'4 ," " . .~. '. I . ~ ;'!'''' '- I. 0 Vio - .. -U'- ,- -. .... :r;-~ 0 Exhibit 1-1 REAL ESTATE SCHEDULE REAL ESTATE IN PENNSYLVANIA (Description mUlt be adequate to Identlly the property. Mortagages. Judgmenla and other encumbrance. on real estate should be noted.) 1. House and Lot located at: 27 Derbyshire Drive Carlisle, Cumberland County, PA Deed Book 35-X, Page 17 Value per appraisal $ 205,000.00 Exhibit 1-2 MEMORANDUM OF REAL ESTATE OUTSIDE , THE COMMONWEALTH OF PENNSYLVANIA (Do not Include value In total of the Inventory) NONE ,..,-. Exhibit 1-3 AFFIDAVIT OF EXECUTOR OR ADMINISTRATOR QlPltuuPltwfaltl, of IIflt1t1luluanla } 55: Qlpuntu pf ~tl"4~I~.r/w;t Cumberland Notary Public Personally before me, the undersigned aulhority, D and 510112, eppeared nnl ton" T. Rllrmf'lrgf'lr to IIW, depoMs and says thai h. II the executor or administrator of the estate of N8n~v W. Rumberu:er , deceased, thai the foregoing schedule. constllute a complete Inventory and appralsemenl of Ihe real and personal ellale of Nancy W. Rumberl!er decea..d, excepl real ellale oulslde the Commonweabh of Pennsylvania, Ihallhe figures oppollte each Mom 01 real and penonal e"ale In Ihe fOle A ne an ted by the undersIgned 10 be Ihe fair value of said Items as of Ihe date 01 Ihe decedenl'. d alh'DAWN M. SHUGHART. Notary Public Carlisle. Cumberland County M Commlsslo Ex Ires Nov. 28 1998 In and for said Counly who, beIng duly Sworn according Ihl. .3 mil' ADDITIONAL INSmUCTlONS 1. The Invontory shall bo fUed no laler Ihan tho dalo Iho accounlls flied or Ihe duo dale, Including any exlenslon, for Iho filing of Iho InherManee Tax Re1um (9 monlh. from Iho dale of death) whichever comes flrll. 2. A supplomenlallnvenlory mull bo flied within Ihlrty days of discovery of addlllonal assel.. 3. An orlglnal and Iwo copies musl Ix! flied. 4. AddMlonal shoel. may be allached a. to penonaby or reaby. 5. Soe Sed Ion 3301 el seq. of Ih. Probate Ellal.. and Flduclarle. Cod. 011972, a. amended. 6. Tho Inventory mull be Iyped. it ?: ~ ~ ~ ~ 0 .. .,. 3 z :::~ ~ rJ .- n ~ Z :i;::;;!t? 0 ~ . .... '" ." . '" "'"H ." "'" t:I r ~ m tOb "<l " ......'" Z ","0 ... 0,-, R-O:<l ro '-'lJ1 0' ... iT! ~ lJ1'" ",g;1] '" ro 0 1 ....... ... 0 .,. ~ 'T1 .. ;1 :::0 " .-< [ .... '" :' :>- - .." 1i: I~ -~ Exhibit )-4 ESTATE OF NANCY W. RUMBERGER, DECEASED EXHIBIT 2: DESCRIPTION OF REAL ESTATE ALL that certain lot or parcel of land situate Township, Cumberland County, Pennsylvania, bounded and described as follows: in South Middleton more particularly . BEGINNING at an iron pin on the easterly right-of-way line of Derbyshire Drive, a 50 foot wide right-of-way, which said point is more particularly located at the intersection of the easterly right-of-way line of Derbyshire Drive and the dividing line between Lots Nos. 12 and 13 on the Plan of Lots known as "Final Plan for Mayapple Village, Derbyshire Lots 1-39"; thence from said point of beginning along the dividing line between Lots Nos. 12 and 13 on the aforesaid Plan of Lots, South 74 degrees 12 minutes 12 sp.conds East, a distance of 142.55 feet to a concrete monument on the property line of other land of Mayapple Village as shown on the aforesaid Plan of Lots; thence from said concrete monument along the property line of other lands of Mayapple Village, South 21 degrees 00 minutes 23 seconds West, a distance of 122.18 feet to an iron pin on the dividing line between Lots Nos. 13 and 14 on the aforesaid plan of Lots; thence from said iron pin along the dividing line between Lots Nos. 13 and 14, North 61 degrees 43 minutes 50 seconds West, a distance of 140.70 feet to an iron pin on the easterly right-of-way line of Derbyshire Drive; thence from said iron pin along a curve to the left having a radius of 350.00 feet, an arc distance of 91.74 feet along a chord bearing of North 19 degrees 30 minutes 34 seconds East, a chord length of 91.48 feet to the point and place of beginning. BEING Lot No. 13 containing .3409 acres on the Plan of Lots known as "Final plan for Mayapple Village Derbyshire Lots 1-39," prepared by Statler-Brehm, Engineering and Planning Consultants, dated January 26, 1989, and recorded in the Office of the Recorder of Deeds of Cumberland County, Pennsylvania in Plan Book 58, page 68- A. , I UNDER AND SUBJECT to building setbacks as set forth on the above mentioned plan, being a 30 feet front setback line, a 40 feet rear setback line, and a 10 feet side setback line. ALSO UNDER AND SUBJECT to the restrictions as more particularly set forth in the Declaration of Covenants and Restrictions dated June 16, 1989, made by 539 Development Company, and recorded in the Office of the Recorder of Deeds of Cumberland County, Pennsylvania on June 16, 1989, in Misc. Book 365, Page 566; the Supplemental Declaration of Covenants and Restrictions dated October 16, 1989 made by 539 Development Company recorded on October 16, 1989 in Misc. Book 370, page 720; the Amended Supplemental Declaration of Covenants and Restrictions dated October 17, 1990, made by 539 Development Company, and recorded in the Office of the Recorder of Exhibit 2-1 '. ESTATE OF NANCY W. RUMBERGER, DECEASED EXHIBIT 3: INFORMATION SCHEDULE DISBURSEMENTS FOR ESTATE EXPENSES PAID BY NANCY W. RUMBERGER TRUST 12/95 FUNERAL EXPENSES Reimburse Dalton Rumberger for Costs Advanced: Cedar Hill Cemetery - burial plot $ 308.33 Cedar Hill Cemetery - Grave Opening 200.00 Aurand Funeral Home - funeral 6,108.78 Aurand Monuments - memorial 1,852.00 Aurand Monuments - inscription on memorial 50.00 Dielh's Florist - funeral flowers 116.60 Dr. H. Pat Albright - Minister's fee 150.00 Williams Family Rest. - funeral meal 132.00 12/95 FAMILY EXEMPTION Dalton L. Rumberger, Family Exemption ADMINISTRATIVE EXPENSES 12/95 12/95 12/95 Goehring, Rutter & Boehm - Atty Fees $ Reimbursement of Costs advanced by Goehring, Rutter & Boehm: Register of Wills - short certificate The Patriot News - legal notice Cumberland Law Journal - legal notice Federal Express - mail Long Distance Telephone Charges Reimburse Dalton Rumberger for costs advanced: Register of Wills - Probate Register of Wills - File Inventory Register of Wills - File Inh. Tax Ret. Muscalus Furs - appraisal - mink jacket Munn's Diamond Gallery - jewelry appraisal Rowe's Antiques - appraisal TPP Steven W. Barett R. E. - R.E. appraisal Exhibit 3-1 $ 8,917.71 s 2.000.00 $ 2,000.00 13,000.00 3.00 44.56 40.00 64.25 3.75 293.00 16.00 15.00 30.00 120.00 85.00 250.00 $ 13,964.56 , - . . ...7: " . , . " IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION IN THE MATTER OF Nancy W. Rumberger Trust Fund B, dated November 12, 1992 File No. PETITION FOR LEAVE TO SELL REAL ESTATE AT PRIVATE SALE AND BY A CO-TRUSTEE TO PURCHASE AT SUCH SALE TO THE HONORABLE, THE JUDGES OF THE SAID COURT: The petition of Dalton Rumberger and Mellon Bank, N.A., Co- Trustees under the last will of Nancy W. Rumberger, Deceased respectfully represents: 1. That Nancy W. Rumberger, died on the 6th day of June, 1994, having first made, published and declared her last Will and Testament, a copy of which is annexed hereto as Exhibit "A," dated November 12, 1992, duly probated in the office of the Register of wills of Cumberland County, wherein and whereby she did devise and bequeath the residue of her estate to her trustees to hold as part of the Trust Estate under the Nancy W. Rumberger Revocable Deed of Trust dated the 12th day of November, 1992, a copy of which is attached hereto as Exhibit "B." 2. That the Nancy W, Rumberger Revocable Deed of Trust established Dalton L. Rumberger and Mellon Bank, N.A. as trustees. 3. That among the assets of Nancy W. Rumberger was real property located at 27 Derbyshire Drive, Carlisle, South Middleton Township, Cumberland County, Pennsylvania, occupied and used by the said Dalton L. Rumberger as his residence. The said real property was distributed to the Nancy W. Rumberger Trust Fund B by Decree . , . - . "- . . <, Awarding Real Estate dated April 3, 1996, a copy which includes a legal description of the property is attached hereto as Exhibit "C." 4. To the best of Petitioner's knowledge, there are no liens against the aforesaid premises. 5. There are no mortgages on the property. 6. The said property is assessed at $16,740 as shown by the Cumberland County Real Estate Tax bill dated March 1, 1996 hereto annexed as Exhibit "D. II When the assessed value of the property is multiplied by cumberland County's Common Level Ratio Real Estate Valuation Factor of 14.29, the fair market value of the property is $239,214.60. Since that value is significantly higher than current appraisals of the property, an appeal of the assessed value will be filed shortly. 7. That the current use of the said property is as a residence. As such, the real estate incurs liabilities but no income. Your petitioners are of the opinion that the real estate should be sold and the proceeds be invested in income producing assets. 8. A private sale of the real estate would avoid realtors' commissions, thereby the proceeds of the sale would be greater than could be obtained for the same property at public sale. 9. That the said Dalton L. Rumberger desires to purchase the said real property from the Nancy W. Rumberger Trust Fund B for the price of $207,000 in cash payable immediately, but being a purchase by a trustee at his own sale, the power of sale given the trustee -2- -' . .....--.... , , , ., under the will is inoperative and it is necessary that he obtain the approval of your Honorable Court in so doing. 10. Subject, therefore, to the approval of your Honorable Court, the premises hereinabove described together with the buildings and improvements thereon erected shall be sold at private sale to Dalton L. Rumberger, for the price or sum of $207,000, clear of encumbrance, from which is to be paid in cash immediately. 11. Your petitioners are of the opinion that the price offered for the said real estate is full and fair and the net proceeds to the Nancy W. Rumberger Trust Fund B are greater than could be obtained for the same at public sale, and that it would be for the best interest and advantage of the Nancy W. Rumberger Trust Fund B, and the parties interested therein, that the said sale be consummated in accordance with the terms hereinabove set forth. 12. Your petitioners have been assured by two real estate experts, unrelated to the parties, and unconnected with the Nancy W. Rumberger Trust Fund B, and having no interest whatever in the subject matter of this petition, the said experts being experienced in the values of property in the neighborhood of those hereinabove referred to, that the price offered for the same as a whole is full and fair and better that could be obtained at public sale, and appraisals and affidavits to this effect are hereto annexed as Exhibits "E" and "F." 13. The said Nancy W. Rumberger was survived by her spouse, Dalton L. RUmberger, her son Jeffrey S. Rumberger and her daughters Sue R. Foster, Amy R. Palma and Jane R. Long. " . -3 - -' ~ , . . 14. That all parties of interest in the said trust have received notice of the intended presentation of this petition, are satisfied that the price offered for the said premises is a full and fair one and better than could be obtained at public sale, and that the acceptance of the same will be for the best interest and advantage of the said Nancy W. Rumberger Trust Fund a and all parties consent to this Petition and agree that the private sale of the above-described realty be authorized and approved in accordance with this Petition. WHEREFORE, Dalton L. Rumberger, one of your petitioners, therefore, prays your Honorable Court for leave and authority to purchase the premises hereinbefore set forth from the Nancy W. Rumberger Trust Fund B, for the price of $207,000, payable as aforesaid; and Mellon Bank, N.A., one of your petitioners, prays your Honorable Court for leave and authority to sell and convey the said premises, for the price of $207,000, payable as hereinabove set forth, said conveyance to vest the title in the purchaser in fee simple, freed and discharged of all trusts, contingencies and remainders, and indefeasible by any party or persons having a present or expectant interest therein, Respectfully submitted, by: GO~~9~RUTT~~f~E M I 1-.dVt'i., :ht/P-6;Z:" Robert J. Wi ters, Esquire Attorneys for Dalton Rumberger and Mellon Bank, N .A., as Co-Trustees of the Nancy W. Rumberger Trust Fund a, dated November 12, 1992 Dated: 1/ tjct~~ , 1996 -4 - . . J , . . . IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION IN THE MATTER OF Nancy W. Rumberger Trust Fund B, dated November 12, 1992 File No. CONSENT I, Sue R. Foster, being an intestate heir and next-of-kin of Nancy W. Rumberger and also being a remainder income beneficiary of the Nancy W. Rumberger Trust Fund B, do hereby consent to the -private sale of the real estate of the Nancy W. Rumberger Trust Fund A at 27 Derbyshire Drive, carlisle, south Middleton Township, cumberland County, pennsylvania, to Dalton L. Rumberger, for the sum of $207,000 and do hereby waive any further notice of the presentment of the petition or other proceedings. WITNESS my hand and seal this 3J day of #mb r 1996. ~ --)Al r:f? f[JrLk J Sue R. Foster Witness: .J~/1)~ ..:~___-,:_-;:_~~'/\~~~~::'~-- _E,.~,.c~~,~,cs,,-,;,w~;:'f:'~f~~~~ , .1 "I l I 'i \ k 'Hi-' i~,;::\~-~.~.' II ~ . , . . . IN THE COURT OF COMMON PLEAS OF CUMBI::RLI\ND COUN'l'V, PENNSVLVI\NIA ORPHI\NS' COURT DIVISION IN THE MATTER OF Nancy W. Rumberger Trust Fund a, dated November 12, 1992 File No. CONSENT I, Jane R. Long, being an intestate heir and next-of-kin of Nancy W. Rumberger and also being a remainder income beneficiary of the Nancy W. Rumberger Trust Fund B, do hereby consent. to the pri vate sale of the real estate of the Nancy W. Rumberger Trust Fund A at 27 Derbyshire Drive, Carlisle, South Middleton Township, Cumberland County, Pennsylvania, to Dalton L, Rumberger, for the sum of $207,000 and do hereby waive any further notice. of the presentment of the petition or other proceedings. WITNESS my hand and seal this -.t,\'\k day of s..c...f'~~t<\... 1996. ~r'-'- --f(, ~ ane R. Long . W~y~ .._".-...-,,__..c-'.......~-'-"_...._-- --- ,o-...-~ ~.~.~..,....." .. "~".",,, ..~~.~. .,........ ~.f~.'.~rq.. ~-r~;;., ." "I'''' ,', ,\ ; ,J, -",,"' . . ,j IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION IN THE MATTER OF Nancy W. Rumberger Trust Fund B, dated November 12, 1992 File No. AFFIDAVIT COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND ss: Before me, the undersigned authority, a notary public, in and for said County and Commonwealth, personally appeared DALTON L. RUMBERGER, who being duly sworn according to law, deposes and says that the averments of fact contained in the foregoing Petition are true and correct to the best of his knowledge, information and belief. Sworn to and subscribed before me this ~ 7 dJ~:~'P}fr~~ ' ~;~, Notary Pub~c ~ My commission expires: NOTARiAl SEAL DAWN M. SHUGHART, Notary Public Catllslo, Cumbotland County My Commission Explros Nov. 28, 1998 .. ~ . , . . . IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION IN THE MATTER OF Nancy W. Rumberger Trust Fund B, dated November 12, 1992 File No. APPIDAVIT COMMONWEALTH OF PENNSYLVANIA COUNTY OF ALLEGlIENY DSI Before me, the underoigned authority, a notary public, in and for said County and Commonwealth, personally appeared JAMES R. WILHARM, ASSISTAN1' VICE PRESIDENT, MELLON BANK, N.A., who being duly sworn according to law, deposeD and says that the averments of fact contained in the foregoing Petition are true and correct to the best of his knowledge, information and belief. ~. W;p,~ James R. Wilharm Assistant Vice President Mellon Bank, N.A. Sworn to and su~p~ribad before me this .30"" day of :Jt/JTf}-/{'J'{r, 1996. "~r'd;{ --l1~I''1 a~l~t"~,1 Notary pu c My commission expiresl Nota,lal Seal Edllh FhzpRlrick, Nolary Public Pillsburgh, AI/oghcny County My Commission E'plrea Jan, 12, 199B yIWnoa 01 . Doc. #9339 Oct 27, 1992 9:0(iam WI SLR TRUST on the terms and conditions specified in said Deed of Trust on the date of this Will or of the last Codicil hereto, with like effect as if they were set forth herein verbatim. FOURTH: (A) I appoint my husband, DALTON L. RUMBERGER, Executo~ of this my Will. In case of his inability or unwilling- ness to act or to continue to act as my Executor, I appoint my son, JEFFREY S. RUMBERGER, as Executor in his place. In case of his inability or unwillingness to act or to continue to act as my Executor, I appoint my son-in-law, THOMAS J. FOSTER, as Executor in his place. In case of his inability or unwillingness to act or to continue to act as my Executor, I appoint MELLON BANK, N.A., as Executor in his place. (B) I give to my Executor, in addition to the authority conferred by law, the power to sell any or all of my property, real or personal, at pUblic or private ~ale, at such time and for such price and upon such terms and conditions as it may Bee fit, or in its discretion to retain the same for distribution in kind, and the power, but not the duty, to invest any cash without being limited to "legal" investments. (C) No bond shall be required of any fiduciary hereunder in any juriSdiction. No fiduciary hereunder shall have any liability for any mistake or error of judgment made in good faith. -2- . . . Doc. #9339 Oct 2", 1992 9: Oc'am WI SLR FIFTH: I realize that executors and trustees are given discretion by law to make various elections which affect the income and estate taxes payable by estates, trusts and beneficiaries, as well as the relative shares of beneficiaries, such as taking administration expenses as deductions for either estate or income tax purposes, selecting options for the payment of employee death benefits, electing to take qualified terminable interests as part of the marital deduction, selecting alternate valuation dates, postponing the payment of taxes, filing joint income tax or gift tax returns, allocating my exemption from generation-skipping tax, filing estimated income tax returns and making payments thereon, and redeeming corporate stock. The decisions made by my fiducia- ries in any of these matters shall be binding upon, and not subject to question by, any affected persons; PROVIDED, however, that if a corporate fiduciary is serving, its decision shall also be binding upon any individual CO-fiduciary. I authorize my Executors to disclaim interests in property without court authorization. I rely upon my f iduciar ies to take into cons idera tion the tota I income and estate taxes payable by reason of their decisions, inclUding those payable by my survivors, and they are authorized in their discre- tion, but not required, to make adjustments between income and principal as a result the roof . They are specifically authorized to filo a joint income tax return with my husband or his personal -)- J " Doc, ';9)39 Oct 2'1, 1992 lj: lj(,hjrn WI SLR representative for any period during which such a return is permitted, without requiring him or his personal representative to sign an indemnification agreement. SIXTH: (A) If any beneficiary entitled to a share hereunder is under the age of twenty-one (21) years, my Executor may deliver it to any individual or corporation selected by them as custodian for him or her under the Pennsylvania Uniform Gifts or Transfers to Minors Act. (B) If the state in which I am domiciled at the time of my death does not permit the use of a custodian under the Uniform Gifts or Transfers to Minors Act, or if my Executor fails to appoint such a Custodian, then I appoint MELLON BANK, N.A., as guardian of the estate of any minor receiving any sums of money, real property or other intangible personal property free of trust by reason of my death, if such property is in excess of the amount which may be paid to the natural guardian; and I authorize said guardian, in its sole discretion and without order of court, to retain such property in kind or to sell the same, giving good title to any real estate, to invest and reinvest without being limited to "legal" investments and to use both income and principal for the minor's welfare, comfortable support and education, including college expenses. -4 - .' " . Doc, #9339 Oct 27, 1992 9:06ilm Wi SLR SEVENTH: I direct that all estate, inheritance and other taxes in the nature thereof, together with any interest and penalties thereon, becoming payable because of my death with respect to the property constituting my gross estate for death tax purposes, whether or not such property passes under this Will, shall be paid from the principal of my residuary estate; and no person receiving or having a beneficial interest in any such property whether under this Will or otherwise, shall at any time be required to contribute to or refund any part thereof; PROVIDED, however, that this direction shall not apply to the taxes on any property included in my estate solely because of a power of appointment thereover which I possess but have not exercised or on any qualified terminable interest. -5- .' .... . I .. .' ACKNOWLEDGMENT COMMONWEALTH OF PENNSYLVANIA ) ) ss: ) We, NANCY W. RUMBERGER, ~/aIl1~ L.,Ji/,J/u- ..j2'/i/';/J L. :; i ~Ci.'A l-L. , and ~n',<I;..... M. I--ftV'i.'n , the Testatrix and the witnesses, respectively, whose names are signed to the foregoing Will, being first duly sworn according to law, do depose and say that the Testatrix signed and executed the foregJing instrument as her Will, that she signed willingly, that she executed it as her free and voluntary act for the purposes therein expre3sed, that each of the witnesses, in the presence and hearing of the Testatrix, signed the will as witnesses and that to the best of the knoWledge of each of them the Testatrix was at that time eighteen (18) years of age or older, of sound mind and under no constraint or undue influence. COUNTY OF ALLEGHENY I . . ,~ ''i'''~~~y I "'. - ..~. .. .u.I.'~/A.'11 W. Rumberger (Testatrix) ~~M&_<- (Witness) ,I f..'-7i n.,,_ :/, JtL1<LLf!... (Witness) , . t'~.~ ;?n.~ (Witness) Subscribed, SWorn to and acknoWledged before me by NANCY W. RUMBERGER, the Testatrix, and subscribed and SWorn to before me by fit;, t'lt L. ;I/It///,., .J,r.lil.. J.., :... '.l ',10/' LL- , and f'1.......".n.. M. loA",,/.,... , witnesses, this I,J ~ day of No..........te.r-,. , 1992. (SEAL) tlotanal Se.1I Rcbon J. Wontllo... NoI,!)' FlbIe P,t:;W'lih. A",,"Oooy Ccunly My('.c.mrr'~Jr.rl["p'r~sA:.xJ " lW, '.!:';~I)':~. ~'O-v,.~j.......:!, .:axi~ol':'. dTl'" l!'CJ :~~ . tKII'.IIHINt! MHrWM" IIIJlJIM ..,W M Ie 0" 11. IIN} 'IUtllI.. 1~1l.' /I'il.tH lID CDUjibO@&'iM [0Uuuwll~tAl~ iHE WITHIN IS HEREBY CERTIFIED o ~ ~ rt J..~2.E,CT COPY. NANCY W. RUMUERGER REVOCAULE DEED OF TRUST This Revocable Deed of Trust is made this "t' ;'2 '.!J.. day of November, 1992. NANCY W. RUMBERGER, of County of Cumberland, Commonwealth of Pennsylvania, as the Settlor, and DALTON L. RUMBERGER, as the individual Trustee, and MELLON BANK, N.A., a national banking association authorized to engage in trust business in the Common- wealth of Pennsylvania, as the corporate Trustee, hereby agree as follows: ONE: The Settlor hereby transfers and delivers to the Trustees the property listed in Schedule "A" attached hereto, together with all her interest therein. The Trustees shall hold said property, together with any additions thereto as hereinafter provided, as a Trust Estate, shall invest and reinvest the same and shall distribute the net income (hereinafter called "Income") and principal as set forth in the following provisions. (A) During the Settlor's lifetime, the Trustees shall pay to her or for her benef i t such sums from Income and principal as she may direct in writing; PROVIDED, however, that in the event of the Settlor's mental or physical incapacity, as certified to the Corporate Trustee by her personal physician, the Corporate Trustee shall expend both Income and principal to such extent and in such manner as it in its discretion deems advisable "XIIIIlIT "II" . . . . lillrlIHINIIHIII'II'H.\Il11UIM HJW!'II" 11.1" I'Nl lI\f'I.lI11 H,,"""I for the welfare and comfortable support of the Settlor during such period of incapacity. (B) Upon the Settlor's death, the Trustees are au- thorized to pay to the personal representative of her estate or to expend directly such sums as said personal representative shall request in writing to supplement her estate in order to pay debts, funeral expenses, death taxes, particular legacies and adminis- tration expenses; PROVIDED, however, that no assets shall be used for this purpose which are not otherwise included in the Settlor's gross taxable estate; and PROVIDED, further, that if the Trust Estate contains any United States government bonds which are redeemable at par in payment of Federal estate taxes, the Trustees shall apply them directly in payment of the Settlor's said taxes, regardless of the sufficiency of assets in her estate or any direction in her will to pay all such taxes from her probate estate. subject to such payment, the principal remaining at the settlor's death and any accrued or undistributed Income shall continue in trust as provided in Article Two below. TWO: If the Settlor's husband, DALTON L. RUMBERGER, survives the Settlor, the Trustees shall divide the remaining Trust Estate into two (2) separate parts, designated Fund A and Fund B. If the Settlor's husband predeceases her, the Trustees shall hold all the Trust Estate as Fund B. The Trustees shall distribute the net income (hereinafter called "Income") and principal of said Funds in accordance with Articles THREE and FOUR below. The division into Fund A and Fund B shall be made as follows: - 2 - . IitJFlUtlNII HHnL".\ IIClIJIM IUW M" 0.1.'1 I'N,I'1l "'l.tlll u:.. I'M" (A) Fund A shall consist of a fractional share of the Trust Estate as defined in paragraph (0) below. The numerator of the fraction shall be the minimum amount necessary to reduce the Settlor's Federal estate tax (exclusive of any tax imposed under section 4980A(d) of the Internal Revenue Code) to zero after the use of the unified credit and any other credits available to her estate (exclusive of any credits the use of which would increase her total death taxes). The denominator of such fraction shall be the value of the Trust Estate as finally determined for Federal estate tax purposes prior to the payment of death taxes therefrom. Fund B shall consist of the other fractional share. Any death taxes payable from the Trust Estate shall be charged against Fund B, as well as any administration expenses which are not allowed as estate tax deductions. This fraction shall be computed as if all qualified terminable interests were elected as part of the marital deduction on the Settlor's Federal estate tax return, regardless of the election actually filed. (B) For the purpose of this division, the Trust Estate shall include any insurance proceeds or other items paid directly to the Trustees and forming part of the Settlor's taxable estate for Federal estate tax purposes. Any items paid directly to the Trustees and not forming part of the Settlor's taxable estate shall be added to Fund B, in addition to the fractional share hereinabove specified, and shall not be used for the payment of death taxes or administration expenses. (e) The Trustees need not make a pro rata division of each asset, but may allocate different kinds of or interests in property to each fund, so long as the total market value of each is - J - " . IHIEIUUNIIH't1'1"1Ut& IUIUIM HJW SIN (hl/I,IIl'4! ""'I~IU lh..'r~,.,' not affected. There shall not be allocated to Fund A any property or the proceeds of any property which does not qualify for the marital deduction. (D) If any portion of the Settlor's Individual Retirement Account benefits or qualified employee plan benefits are used to fund Fund A, the Settlor's husband shall have the power to direct the Trustees to exercise their right to withdraw any part or all of the ordinary income earned on the benefits during any year, in which case the amount so withdrawn shall be allocated to Income. All other payments of such benefits received by the Trustees shall be allocated to principal. If the Trustees do not have the right to withdraw any part or all of the ordinary income earned on the benefits during a particular year, then the Settlor's husband shall have the power to require the Trustees to payout of any other assets of Fund A an amount equal to such ordinary income. (E) If the Settlor and her husband die under such circumstances that there is no sufficient evidence that they have died otherwise than simultaneously, it shall be conclusively presumed for the purpose of this Article that the Settlor's husband survived her. THREE: this Article. Fund A shall be held in the manner set forth in (A) Fund A shall be divided into two separate PaLts, and each Part shall be held as a separate trust. Part One shall be a portion equal to so much of the Settlor's remaining exemption from generation-skipping transfer tax as cannot be allocated to Fund B. Part Two shall be the other portion. - 4 - . "iClHIHINd Hlln I:w,\ HoHIM lUW !'lIlt u,t }/, I~~! "\hJlIl (I" ..,.,1/ (1) During the lifetime of the Settlor's husband, DALTON L. RUMBERGER, the Trustees shall pay the Income from both Parts to him or for his benefit, in quarter-annual or more frequent installments. In addition, the Trustees shall pay to or for the benefit of the Settlor's husband from the principal of Part Two or, if it has been exhausted, from the principal of Part One, an amount equal to the Income of Fund B. The Corporate Trustee may expend in addition such sums from the principal of Part Two or, if it has been exhausted, from the principal of Part One, as the corporate Trustee considers advisable for his support and maintenance. If any unproductive assets are held in either Part, the Settlor's husband may require that they be converted into income-producing assets within a reasonable period of time. (2) Upon the death of the Settlor's husband, any Income accrued or on hand shall be paid to his estate, and the Trustees shall pay to his personal representative or directly to the taxing authorities from the principal of Part Two and, to the extent it is insufficient, from the principal of Part One, such amount, if any, as his personal representative certifies to be the additional death taxes reSUlting from the inclusion of Fund A in his estate for tax purposes. The rest of both trusts shall be dis- tributed outright to or on further trust for such one or more of the Settlor's descendants as the Settlor's husband directs by specific reference to this provision in his Will. Any unappointed portion shall be added to Fund B. (B) The right of the Settlor's husband to the Income shall not be subject to assignment, alienation, pledge, attachment or claims of creditors. - 5 - "IIlIIlHNI;~llnllt,\ lUll 11M 111\\ "11111.1 't l'I'j.' . ",~'" II.. "...'1' (e) If the Settlor'" husb,md diuclaims hi" interest in any portion of Fund A, such portion shall be added to Fund B, and the Settlor's husband shall h.lve all the rights therein hereinafter set forth with the exception of any power of appoint- ment. If the Settlor's husband dies before accepting any benefits, his personal representative shall have the right to disclaim his interest in all or a portion of Fund A. FOUR: this Article. Fund B shall be held in the manner set forth in (A) The Trustees shall invest and reinvest Fund B and shall distribute the Income and principal as follows: (1) During the lifetime of the Settlor's husband, DALTON L. RUMBERGER, if he survives the Settlor, so long as Fund A has not been exhausted, the Trustees shall accumulate the Income and add it to principal and invest it as such. If Fund A should become exhausted during the lifetime of the Settlor's husband, the Trustees shall pay the Income of Fund B in quarter- annual or other convenient installments to or for the benefit of the Settlor's husband, and the corporate Trustee may also expend such sums from principal as the corpora~e Trustee considers advisable to provide for the support and maintenance of the Settlor's husband, in view of other readily available funds of which the corporate Trustee has knowledge. Upon the death of the Settlor's husband, the principal shall be distributed outright to or on further trust for such one or more of the Settlor's descen- dants as he directs by specific reference to Fund B in his Will. - 6 - liIlIIUHNli..Urll...\ 1\111 11M lOW 'I M 0.1'" 1"'1," II 'rum II.. r",1I (2) I f the Settlor's husband, DAL'l'ON L. RUMBERGER, is not living at the Settlor's death or in the event he dies thereafter without exercising his power of appointment in full, the unappointed principal of Fund B and any additions from Fund A, the Settlor's husband's estate or elsewhere shall be divided into four (4) equal shares for the Settlor's children, SUE R. FOSTER, JEFFREY S. RUMBERGER, JANE R. LONG and AMY R. PALMA, and each share shall be held as a separate trust or, in the case of a deceased child, shall be distributed as is hereinafter set forth. Each share may be satisf ied with assets which are exempt from federal generation-skipping transfer tax or with non-exempt assets or partially with each, so long as the market value remains the same. The share of each living child shall be held as a separate trust; PROVIDED, however, that unless said share is totally exempt from federal generation-skipping transfer tax, it shall be divided into two separate trusts, an Exempt Trust having an inclusion ratio for the purposes of said tax of zero, and a Non-Exempt Trust having an inclusion ratio of one. By written notice to the Corporate Trustee, each of the Settlor's children shall have the right to become a Co-Trustee with the corporate Trustee of his or her own trust. (a) The Trustees shall pay the Income quarter-annually to or for the benefit of the Settlor's said child and may expend in addition such sums from principal as the corporate Trustee considers advisable, in view of other readily available funds of which the corporate Trustee has knowledge, to provide for the support and maintenance of the Settlor's said child and his or her spouse and children, if any, including educational - 7 - 'itll IlHINIIHllrll H." lull 11M HI\\" "'1" lid J! . . 1'1'11 "'fl~lll lJ... rll"/ and funeral expenses. In addition, the Settlor's said child may withdraw portions of the principal of his or her Non-Exempt Trust in accordance with the following schedule: (i) After his or her thirtieth (30th) birthday, one-third (1/3) of the principal; (ii) After his or her thirty-fifth (J5th) birthday, one-half (1/2) of the principal not already subject to withdrawal; (iii) After his or her fortieth (40th) birthday, any or all of the principal. If the Settlor's said child has both an Exempt Trust and a Non- Exempt Trust, all Income and principal distributions for his or her ,J ,.' <..1' Income from the l~ .... . ;< Exempt Trust shall be added to the principal thereof and invested ~. )iT"' ,l as such, and an equivalent amount of the principal of the Non- p"'( .~, ) If the Non-Exempt Trust should Y become exhausted during the lifetime of the Settlor's said child, Exempt Trust shall be distributed. benefit shall be made from the Non-Exempt Trust. Income distributions and discretionary principal distribution, if any, shall be made from the Exempt Trust. (b) Upon the death of the Settlor's said child, or upon the division into shares under this subparagraph (2) in the case of a child who is not then living, the principal of the Settlor's said child'S share shall be distributed outright to or on further trust for such one or more of his or her descendants as the Settlor's said child directs by specific reference to this provision in his or her Will; PROVIDED, however, that the Settlor's said child may also appoint the principal of the Non-Ex~mpt Trust and any portion of either trust that he or she could have withdrawn - 8 - OOi:IUUNII Mtrnmt., Honlt.! HJW M It 1I.'t 1/, I'I~! "....h.uu 110.....,.'" before death in favor of anyone. Any unappointed portion shall be paid to the Settlor's said child's surviving issue, per stirpes, subject to subparagraph (3) below, or, if he or she has none, shall be added to the shares of the Settlor's other children and shall be held or distributed as if the latter shares were being set apart at that time. Each share for a grandchild of the Settlor may be satisfied with assets which are exempt from generation-skipping transfer tax or with non-exempt assets or partially with each, so long as the market value remains the same. (3) The share of any grandchild of the Settlor shall be held or distributed as follows: (a) Unless the share is totally exempt from federal generation-skipping transfer tax, it shall be divided into two separate trusts, an Exempt Trust having an inclusion ratio for the purposes of said tax of zero, and a Non-Exempt Trust having an inclusion ratio of one. During the lifetime of each grandchild, the Trustee shall pay the Income from his or her trust quarter- annually to or for the benefit of the Settlor's said grandchild, and if the corporate Trustee considers the Income to be insuffi- cient, in view of other readily available funds of which it has knowledge, to provide for the support and maintenance of the Settlor's said grandchild and his or her family, including educational and funeral expenses, the Corporate Trustee is authorized in its discretion to provide such sums from principal as it deems advisable therefor; PROVIDED, however, that prior to said grandchild's twenty-first (21st) birthday, the Trustee may add to principal and invest as such any Income which it considers not to be needed for such purposes. In addition, the Settlor's said - 9 - lillllUHNI; HII n I H.\ IItllllM HJW ~I ~ 1I,1!i I''''! . '''",Ill n,. "11'1' grandchild may withdraw portions of the principal of his or her Non-Exempt Trust in accordance with the following schedule: (i) After his or her thirtieth (Joth) birthday, one-third (l/J) of the principal; (ii) After his or her thirty-fifth (J5th) birthday, one-half (1/2) of the principal not already subject to withdrawal; (ili) After his or her fortieth (40th) birthday, any or all of the principal. If the Settlor's said grandchild has both an Exempt and a Non- Exempt Trust, all Income and principal distributions for his or her benefit shall be made from the Non-Exempt Trust; in particular, Income shall be computed on the basis of both trusts, but shall be taken from the Non-Exempt Trust. Income from the Exempt Trust shall be added to the principal thereof and invested as such. If the Non-Exempt Trust should become exhausted during the lifetime of the Settlor's said grandchild, Income distributions and discretion- ary principal distributions, if any, shall be made from the Exempt Trust. (b) Upon the death of each grandchild, if his or her trust has not already terminated, or upon the division into shares under subparagraph (2) (b) above in the case of a grandchild who is not then living, the principal of said grand- child's share shall be distributed outright to or on further trust for such one or more of the Settlor's descendants as the Settlor's said grandchild directs by specific reference to this provision in his or her Will; PROVIDED, however, that the Settlor's said grandchild may also appoint the principal of the Non-Exempt Trust - 10 - lilllllltlNlIlf'lIr11 H.\ III II 11M HJW ...1 M lid ,'I l'j'j,1 .. \lulU II,: rill'; and any portion of either trust thnt he or sho could have withdrawn before death in favor of anyone. Any unappointod portion shall be paid, per stirpes, to his or her then-living issue; and if he or she has none, to the then-living issue of his or her parent who was the Settlor's child, the share of any grandchild of the Settlor to be added to his or her separate trust hereunder if it is still in existence. (c) If any of the Settlor's children has no issue living at the death of the survivor of the Settlor's said child, his or her children, if any, the Settlor's husband and the Settlor, any remaining unappointed portion of the Settlor's said child's share shall be added equally to the share of the Settlor's other children and shall be held or distributed as if the latter shares were being set apart at that time. (3) If the Settlor has no issue living at the death of the survivor of the Settlor's husband, the Settlor's children, and grandchildren and the settlor, any remaining unappointed principal shall be transferred and delivered to those persons who would have been entitled thereto if the Settlor and her husband had each owned one-half (1/2) thereof and had both died at that time intestate, unmarried and domiciled in Pennsylvania. (4) Anything in this Deed of Trust to the contrary notwithstanding, no trust created hereunder shall continue beyond twenty-one (21) years after the death of the last to die of those benef iciar ies who were living on the date of the execution hereof; and upon the expiration of such period all trusts shall terminate and the assets thereof shall be distributed outright to - 11 - lIulllHINtJ Nil n I.H.' 11111 11M \lJ" ."11 \l lid JI. 1,,'1} ~ \t,.,m Il,~ 11'",1/ those parties (and in the same proportions) as are then receiving the income therefrom. (5) For the purposes of this Deed of Trust, adopted children shall be considered the natural children of the adopting parents, regardless of the date of adoption; and the term "minor" shall mean any person who has not reached the age of twenty-one (21) years. FIVE: (A) If any remainderman under the foregoing pro- visions is a minor and is entitled to a share in excess of the amount which may be paid to his or her natural guardian, such share shall vest in said remainderman but shall be retained by the Corporate Trustee in a separate trust until the twenty-first (21st) birthday of said remainderman, at which time the trust shall terminate and the principal shall be transferred and delivered to him or her free of trust. During such minority period, the Trustee may pay to the person having custody of said remainderman, without liability on the part of the Trustee to see to the application thereof, or may expend directly so much of the Income and principal as it deems advisable for the welfare, comfortable support and education of said remainderman and shall add any excess Income to principal and invest it as such. In the event of the death of said remainderman during minority, the Trustee is authorized in its discretion to pay part or all of the funeral expenses, and the remaining principal shall be transferred and delivered to said remainderman's estate. (8) Income allocated to a minor may be expended for his or her benefit or may be paid to his or her natural guardian, - 12 - titllllHINlI ~lIrll'H.\ 11111 11M HJW !'II H 1I.1}1 1'#'..' "",~'" 11.\ "11111 to the guardian of his or her person or estate or to a Custodian for him or her under an appropriate Uniform Gifts or Transfers to Minors Act, without liability on the part of the Trustees to see to the application thereof. The Trustees may also deposit amounts in an interest-bearing account in the minor's name in any Corporate Trustee's banking department or elsewhere and may pay a reasonable allowance to the minor. (C) If the Corporate Trustee considers the principal of any trust other than any trust established for the benefit of the Settlor's husband to be insufficient to warrant establiShing or continuing the trust, the Corporate Trustee may pay the principal to the Income beneficiary or, if he or she is under the age of twenty-one (21) years, to a Custodian for him or her under an appropriate Uniform Gifts or Transfers to Minors Act, to be selected by the Trustee. The receipts and releases of the distributees will terminate absolutely the rights of all persons who might otherwise have a future interest in the trust, whether vested or contingent, without notice to them and without the necessity of filing an account to the Court. (D) Upon the death of any Income beneficiary, any Income accrued or received by the Trustees subsequent to the last Income payment date shall be paid to the person or persons for whose benefit the principal producing such Income is continued in trust or to whom such principal is distributed under the terms hereof. (E) Corporate distributions received in shares of the distributing corporation shall be allocated to principal, - 13 - tiUUIHINlI Nllnnf:., IlllHIM IUW Mil Od!t. I''';! k "'~IU II,'. "11'11 regardless of the number of shares and however described or designated by the distributing corporation. (F) The interest of any beneficiary hereunder, including a remainderman, in Income or principal, shall not be subject to assignment, alienation, pledge, attachment or claims of creditors until after payment has actually been made by the Trustees as hereinbefore provided. SIX: (A) The Trustees hereunder shall have the following powers, in addition to and not in limitation of those granted by law: to accept and to retain assets in kind from the Settlor, her estate or elsewhere, to purchase assets from the estate and to retain such assets in kind; to sell assets and to invest and reinvest the proceeds and any other cash in any kind of property, real or personal, or part interest therein, located in the united States or abroad, including interest-bearing accounts in or certificates issued by the banking department of the Corporate Trustee and securities underwritten by syndicates of which the corporate Trustee is a member but not purchased from the Corporate Trustee, all statutory and other limitations as to the investment of funds, now or hereafter enacted or in force, being waived; to retain or to purchase policies of life insurance, to pay premiums thereon from income or principal and to exercise all rights of ownership thereover; to pledge, exchange or mortgage real or personal property and to lease the same for terms exceeding five (5) years; to give opt.l.ons for sales, leases and exchanges; to borrow money; to compromise claims; to vote shares of corporate stock, in person or by proxy, in favor of or against management - 14 - litll'.IIHINlI Hllrll H 0\ 1I11IIlM HJW !'II H II.I.If I'I<I! ""1.111I J)... .....", proposals; to carry securities in the name of a nominee, including that of a clearing corporation or depository, or in book entry form or unregistered or in such other forw as will pass by delivery; to make division or distribution hereunder either in cash or in kind; and, in connection therewith, to allocate to different shares different kinds of or interests in property and property having different bases for Federal income tax purposes, all as the Corporate Trustee deems equitable. The Trustees are specifically authorized to accept in kind and to retain any shares of MELLON BANK CORPORllTION stock, with no duty to review the same for investment purposes, but shall vote such shares only as directed by a competent adult Income beneficiary of the trust in which said shares are held. The Trustees shall have no liability for any mistake or error of judgment made in good faith. (B) (1) The Trustees are authorized to divide (whether before or after a trust is funded and whether before or after any allocation of a generation-skipping transfer tax (GST) exemption under section 2631 of the Internal Revenue Code of 1986, as amended (the "Code") is made) any trust or any property which is used to fund or augment any trust under this Deed of Trust, into two or more fractional shares. Said shares shall be held and administered by the 'rrustees as separate trusts with identical terms although the Trustees, in their sole and absolute discretion, may manage and invest separate trusts as one. Some of the purposes for granting that authority are to enable the Trustees to provide an inclusion ratio (within the meaning of section 2642(a) (1) of the Code) of zero for the separate trust receiving the fractional share to which the allocation is made, and if that trust is a trust - 15 - tiltllllUNtI rtllTIl:I(.\ 1I11IJIM HJW .'1 H lid I', IlN} '\".111I H{. rll,.I/ described in section 2652(a) (J) of the Code, to enable the Settlor's Executor to make the election described in that section with respect to it as a separate trust. (2) If the Settlor's Executor makes the so- called QTIP election under Section 2056(b) (7) of the Code over a portion (but less than all) of any property passing to a trust hereunder, the Trustees are authorized to divide such property into two fractional shares equal respectively to the portion as to which the election was made and the portion as to which it was not made, in the manner prescribed by Proposed Reg. S20.2056(b)-7(b) or any successor regulation. Said shares shall be held and administered by the Trustees as separate trusts with identical terms, so that one of said trusts is entirely subject to said election and the other is not subject to it. One of the purposes in authorizing such division is to enable the separate allocation of GST exemption to one or both of said trusts. (J) Whenever two trusts hereunder are directed to be combined into a single trust (for example, because property of one trust is to be added to the other trust), whether or not the trusts have different inclusion ratios with respect to any common transferor or have different transferors for generation-skipping tax purposes, the Trustees are authorized, instead of combining said trusts, to administer them as two separate trusts with identical terms in accordance with the provisions that would have governed the combined trusts. If anyone adds or is deemed to add property to a trust hereunder by gift or bequest, the Trustees are authorized to hold the added property as a separate trust with terms identical to the trust to which it would have been added. - 16 - I KlHllltlNCfIttrI"lT.1t A uoHHM MJW SI.1t Nil\- J. 1'1'11'1 Ulpm lhl; 1/'H"'7 (4) The Trustees are authorized to combine any two or more trusts with identical terms for an identical beneficia- ry or beneficiaries created by the Settlor or her husband as a single trust. The Trustees are also authorized later to divide such trust as provided above in this article. without in any way limiting the sole and absolute authority of the Trustees granted by this paragraph, the Settlor envisions that the Trustees will not elect to combine two or more trusts with different inclusion ratios for generation-skipping transfer tax purposes. (C) As between the Trustees, the Corporate Trustee shall perform all ministerial and administrative duties, including the keeping of books and records, acting as custodian of the trust property and preparing all necessary tax returns. The individual Trustee may delegate from time to time to the corporate Trustee, by an instrument in writing, any or all of said individual Trustee's rights, powers and duties hereunder. (D) In the event of the inability or unwillingness of DALTON L. RUMBERGER to continue to serve as Trustee, the Settlor's son, JEFFREY S. RUMBERGER, shall become the individual Trustee. In the event of the inability or unwillingness of the Settlor's son, JEFFREY S. RUMBERGER, to act or to continue to act in such capacity, the Settlor's son-in-law, THOMAS J. FOSTER, shall become the individual Trustee. In the event of the inability or unwillingness of the Settlor's son-in-law, THOMAS J. FOSTER, to act or to continue to act in such capacity, no successor individual Trustee shall be appointed, and thereafter, the term "Trustees" shall be interpreted as referring only to the corporate Trustee. Notwithstanding the foregoing, each of the settlor's children shall - 17 - I iOlllMINdltl1 n 1M ,.. 1101 11M IUW ~111 Ild.'l 1"",1' - '''~m 1\,. rM" have the right to become the sole individual Co-Trustee of his or her separate trust hereunder, following the death of the Settlor's husband. (E) Unless otherwise specifically indicated herein, if the Trustees are unable to agree with respect to any decision hereunder relating to any matter other than investments, the decision of the corporate Trustee shall control and the other Trustee then serving is absolved from all liability which may result from such decision. In the event of any disagreement between the Trustees with respect to the investment of the assets of the trust, the decision of the individual Trustee shall control, and the corporate Trustee is absolved of all liability which may result from such decision. (F) The Corporate Trustee may resign at any time during the Settlor's lifetime by written notice to her. After the Settlor's death, the corporate Trustee may resign at any time, without stating cause, by petitioning a court of competent jurisdiction to designate and appoint a successor Corporate Trustee. In case of the merger or consolidation of the Trustee, the resultant company shall become successor Trustee hereunder without notice to any party. (G) The corporate Trustee shall be entitled to receive annual compensation for its services hereunder in accor- dance with its schedule in effect when the services are performed, but not in excess of such compensation as would be approved by a court of competent jurisdiction. During the Settlor's lifetim~, such compensation shall be charged wholly against income, unless the Settlor directs otherwise in writing. For any services - 18 - 111'lllllllNII iWrI IN .\ 11111 11M HJ\\' M It IId,l1 l'i'l! \ \h~m 11,\ "it,., performed by it in connection with the Settlor's estate, which services are normally performed by the personal representative, the corporate Trustee shall be entitled to such additional compensation as may be fair and reasonable under the circumstances. The corporate Trustee is authorized in its discretion to sell securi- ties to the extent necessary to pay any portion of such compensa- tion which is chargeable against principal. Any individual Trustee shall serve without compensation. SEVEN: (A) The Settlor or others may add hereto, by Will, inter vivos transfer or beneficiary designation, cash or such property in kind as is acceptable to the Trustees. (B) The Settlor reserves the right to revoke this Deed of Trust at any time, in whole or in part, by written notice delivered to the Trustees during the Settlor's lifetime. (C) The Settlor further reserves the right to amend this Deed of Trust at any time by a proper instrument in writing, executed by the Settlor, delivered to the Corporate Trustee during the Settlor's lifetime and accepted by the Trustees. (D) If the Settlor designates the Trustees as beneficiary of the proceeds of any policies of insurance on her life, the duty and responsibility for the payment of premiums and other charges on such policies during the Settlor's lifetime shall rest solely upon her, unless she shall expressly direct the Trustee in writing to pay the same from Income or principal; otherwise, the only duty of the Trustees shall be the safekeeping of such policies as are deposited with them, and the Trustees shall be under no duty to notify the Settlor that any such premium or other charge is due - 19 - HI.IIIlItINII kllnrH ,\ IUIHIM ItJW .'1 It ".I !II"".' '\~.Ull 0,', "'I'" and payable. All options, rights, privileges and benefits exercisable by or accruing to the Settlor during her lifetime by the terms of the policies shall be for her sole benefit and shall not be subject to this trust; the Settlor agrees, however, not to exercise any options whereby the proceeds would be payable to the Trustees other than in one sum. Upon the written request of the Settlor, the Trustees shall execute and deliver such consents and instruments as may be requisite to enable the Settlor to exercise or avail herself of any option, right, privilege or benefit granted by any of the policies. Upon the Settlor's death, or at such later time as may be specified in the policies, the net proceeds of any policies then payable to the Trustees hereunder shall be collected by the Trustees; the receipt of the Trustees for such proceeds shall release the insurance companies from liability on the policies, and the insurance companies shall be under no duty to see to the application of such proceeds. The Trustees may take all steps necessary in their opinion to enforce payment of said policies and shall be entitled to indemnify themselves out of any property held hereunder against all expenses incurred in taking such action. EIGHT: (A) As used in this Deed of Trust, the singular may include the plural and the plural the singular, and the use of any gender shall be applicable to all genders. (B) This Deed of Trust has been delivered to and accepted by the corporate Trustee in the Commonwealth of Pennsylva- nia and shall be governed in all respects by the laws of said State. - 20 - Otll:IUUNU kUrO:M A UtlEIlM ~JW M.M 0..111. I~I ,.. \hJIlI H.\' rl4.'" WITNESS the due execution hereof the day and year aforesaid. WITNESS: SETTLOR: #~~ /7 I''/J/I',(;I, .: 'Q,li},),{~[.d{I,i;'",/ (SEAL) 'Nancy . Rum erger, settlor WITNESS: ~ (SEAL) Trustee ATTEST: TRUSTEE: MELLON BANK, N.A. '-'" . ....._-..~,._.- _. '; '" ,_t._~~L:;';".~_ Vice President / cer By: - 21 - COMMONWEALTH OF PENNSYLVANIA COUNTY OF ALLEGHENY On this, the / ;dI-. . ) ) ss: ) day of ~ 1992, before me, a Notary pUblic, the undersigned officer, personally appeared NANCY W. RUMBERGER, known to me (or satisfac- torily proven) to be the person whose name is subscribed to the within Deed of Trust as settlor, and acknowledged that she executed the same for the purposes therein contained. IN WITNESS WHEREOF, I have hereunto set my hand and seal. ~Se8I ~ ~J.~~ ~~/Il1,l.",~ W~ . COMMONWEALTH OF PENNSYLVANIA COUNTY OF ALLEGHENY On this, the /~ ~~ No ary PublJ.c ) ) ss: ) day of ~ 1992, before me, a Notary Public, the undersigned officer, personally appeared DALTON L. RUMBERGER, known to me (or satisfac- torily proven) to be the person whose name is subscribed to the within Deed of Trust as individual Trustee, and acknowledged that he executed the same for the purposes therein contained. IN WITNESS WHEREOF, I have hereunto set my hand and seal. ~SeOI f\dlel.IJ.~~ W~E>ijli8I/Il1,l",'996 . 0fll\0'II'0l\3 ~o " COMMONWEALTH OF PENNSYLVANIA COUNTY OF ALLEGHENY ) ) ss: ) on this, the .:1511-. day of /II" Ja!m" $'oR 1992, before me, a Notary public, the undersigned officer, personallY appeared r::; f.t'\ 4...L''-: f (p, e n..,-ra... n ~ e , who ::r (1 . acknowledged himself to be a Vice president of MELLON BANK, N.A., and that he as such vice president, being authorized to do so, executed the foregoing instrument for the purposes therein contained by signing the name of the Bank by himself as Vice president. IN WITNESS WHEREOF, I have hereunto set my hand and seal. ("'........"'~._ ..~--L. . . tary publ c , NoI8ltoISeaI ~~NaIlVYP\JlIa t.l)'c.."'oibsioI,~191l4 .,." , ._: ~.' ".'1\ .:' " . 'l"'4,,,,.."t',;I.I,.,..~'...t".V""'" , .t:~I'o':" .',. ".: . ~: . ~ ~" . ,.... '~::!);Y~:"':/;~'it'~~t",\'.' ~~";t;:,'.;,:-; J)"., :I~I"~'::';.(,:(~:~ ':"~'(' ,.....r.~~ i . .,' ..... ,..~\~'....::'." .,1 ," .' ., .: ; ',' .'....1,., ..........~~..:ij. ""'~'~':~"''I,'..l,;~!(.f,\:''''.~''~~'!' l;-P-- ..;t'.. !-'.~:.; \\ ':,".:,'.,, I .!.,.~. ~ " '" t'", .' .... ..1 ", ,";[',\.. ,\'l..!'!............~..,,\,...i;, ,d'~:'::.t., t'",..l..,,1:':;'II'~'''''~ t"\..:,(.l"(il ,":-'l .\~" ;~'., " t ".' " . . ',' ':.... ",',~..r . . " _............ . ",., . . ..... '.' ., .. " . :. p.' .' I . :.,' . :.1 '.. : . 947t;" e.. " ,?~ A~' ..V/V ';/ THE WITHIN IS HEREBY CERTIFIED TO BE A TRUE AND CORRECT COPY. DECREE AWARDING REAL ESTATE AND NOW, o'clock .il-M., this ?l ,l,t day of f4)b~O , 1996 at /); 10 it appearing that the First and Final Account and proposed Schedule of Distribution of the named Executpr of the Last Will and Testament of Nancy W. Rumberger, late of South Middleton , Township, cumberland County, Pennsylvania, Deceased, has been filed and advertised in accordance with law and rules of Court, and the same having been confirmed absolutely by the Orphans' Court Division of the Cumberland County Court of Common Pleas on March 5, 1996, and it appearing that the said Executor in his proposed Schedule of Distribution claims distribution of the hereinafter described real estate to himself and Mellon Bank, N.A. as Trustees in the Nancy W. Rumberger Trust Fund B dated November 12, 1992 in conformity with the Schedule of Distribution as confirmed by the Court filed to Estate No. 1994-00756 with record of payment of Pennsylvania Transfer Inheritance Tax recorded in Tax Docket 14, Page 232, Line 10, it is ORDERED and ADJUDGED and DECREED: All unconverted real estate in the hands of the accountant, DALTON L. RUMBERGER, Executor, in the estate of NANCY W. RUMBERGER, viz: TO: DALTON L. RUMBERGER and MELLON BANK, N.A., Co-Trustees in the Nancy w. Rumberger Trust Fund B, dated November 12, 19921 600K 137 P1,~Z G80 EXlITIlIT "c" "'; v- " _.~...... . _....l........,....W""':'.n:-.~ ALL that certain lot or parcel of land situate Township, Cumberland County, Pennsylvania, bounded and described as follows: BEGINNING at an iron pin on the easterly right-of -way line of Derbyshire Drive, a 50 foot wide right-of-way, which said point is more particularly located at the intersection of the easterly right-of-way line of Derbyshire Drive and the dividing line between Lots Nos. 12 and 13 on the Plan of Lots known as "Final Plan for Mayapple Village, Derbyshire Lots 1-39"; thence from said point of beginning along the dividing line between Lots Nos., 12 and 13 on the aforesaid Plan of Lots, South 74 degrees 12 minutes 12 seconds East, a distance of 142.55 feet to a concrete monument on the property line of other land of Mayapple Village as shown on the aforesaid Plan of Lots; thence from said concrete monument along the property line of other lands of Mayapple Village, South 21 degrees 00 minutes 23 seconds West, a distance of 122.18 feet to an iron pin on the dividing line between Lots Nos. 13 and 14 on the aforesaid Plan of Lots; thence from said iron pin along the dividing line between Lots Nos. 13 and 14, North 61 degrees 43 minutes 50 seconds West, a distance of 140.70 feet to an iron pin on the easterly right-of-way line of Derbyshire Drive; thence from said iron pin along a curve to the left having a radius of 350.00 feet, an arc distance of 91.74 feet along a chord bearing of North 19 degrees 30 minutes 34 seconds East, a chord length of 91.48 feet to the point and place of bp.ginning. in South Middleton more particularly BEING Lot No. 13 containing .3409 acres on the Plan of Lots known as "Final plan for Mayapple Village Derbyshire Lots 1-39, " prepared by Statler-Brehm, Engineering and Planning Consultants, dated January 26, 1989, and recorded in the Office of the Recorder of Deeds of Cumberland County, Pennsylvania in Plan Book 58, page 68- A. UNDER AND SUBJECT to building setbacks as set forth on the above mentioned plan, being a 30 feet front setback line, a 40 feet rear setback line, and a 10 feet side setback line. ALSO UNDER AND SUBJECT to the restrictions as more particularly set forth in the Declaration of Covenants and Restrictions dated June 16, 1989, made by 539 Development Company, and recorded in the Office of the Recorder of Deeds of Cumberland County, Pennsylvania on June 16, 1989, in Misc. Book 365, Page 566; the Supplemental Declaration of Covenants and Restrictions dated October 16, 1989 made by 539 Development Company recorded on October 16, 1989 in Misc. Book 370, page 720; the Amended Supplemental Declaration of Covenants and Restrictions dated October 17, 1990, made by 539 Development Company, and recorded in the Office of the Recorder of Deeds of CUmberland County, Pennsylvania on October 25, 1990 in Misc. Book 388, page 1089; and to all other restrictions, reservations, setback lines and rights-of-way of record. BoOK 137 r,',CE 681 .' "M' , _~.h~ <"'lO Ii :J'" 0 0 .... .. ...JIXI 'I <3' ""r:> ... ...J Ul ,... "Z"'''' "':Cl- . ""<0. I .... UJ UJ :J:....O' '" I WO I>< Z > <... ... I><ZUlI- o.W:J ... IIl...JW "':J ctZ-, I>< UJUU XUlOto"l ~ I:J r:> X W I-I,..,N X-,I>< CO <X'" II- ! UIW UJ '" 1-< O<OU 1><>1- I>< I-...J DEPARTMENT OF '" WUH-W <<u. ... Wl..!l 0 . "" 3:1 r:> :c:c< x l.!)o.. ... .C\ "" I>"" :II III < <or:> REVENUE ... tn<NLn > -'co o..u< wr:> .... Pl -'''' Z . "'H> l- I>< .... '" .", Common Level Ratio Real Estate Valuation Facters ... I-~<O Z > Ul >'" alO for 1995 ~ 0 1U.:i:t- :J I- 0 0.. ,...:cu. z.... 0 -. UJ "":J D X OCO" ~ uw< -' ....uw U :CWWQ IIlUZ 0."" '" W The following real eslote valuation faclora arc based on I>< ..U1tIJ ....<UJ O'.....UJ .....ou. snles dalo complied by the Stale Tnx E~uallzatlon Doard < tnOOI- r:> < III ....1- in 1995. These faclora are the mathemat cal reciprocals of *:>.: O::-J-lO N >1-'" ..... 0 the actual common level ratio. For Pennsylvania Realty * xuuo <co "'0 E...JX w. Trnnsfer Tax purposes, these faclora are applicable for > -......,. - E z>.... documents accepled from July I, 1996 10 June 30, 1997, I- '9. -00 00<1> except as Indicated below. The dalo of acceplonce of a Z U~ :J ~ document Is rebutlobly presumed 10 be its dalo of execu. 0 .", tlon, that is, the dalo specified In the bod~ of the U .n US document as the dote of the Instroment. 61 a. Code * c:::> "C~ fi 91.102. * %... Common ""ve/ 0.. I>< "" County Ratla Factor ... 0 Adams 2.39 UJX I- ..,r--... UIIl U """'<3' _#'t ,., Allegheny 4.72 ....z Ul ..... :x>.... Annstrong 6.62 I-:J: ...J "'0 UJ Deaver 2.40 00 ...J >""r-- l.!) ZI- 0 "" ue.... < Dedford 9.80 U <3' Z .l.!) Derks 0.98 xz :II 0 <w 31- Dlalr 7.46 <0 X ........N I Z""< 00< Dradford 2.28 1-1- < '" ..,....'" ,.., ....0. "'0 Ul I- ,..,10 .. . ,.., .x UE Ducks 20.41 UJ...J ....'" > "'10"" 10 I><1Il . Ul Duller 7.04 I-r:> lJ)Q!:Or-t I>< NNN 0 UJ>W WI>< Cambria 5.29 <0 zr:>"" "" I l..!l<Xl-' '" 1-'" I>< ..."" ""~ "" I><""Ul zo Cameron 2.30 UlE ....z '" <Xl 0 LUUJt-t H> Carbon 11.76 UJ <~<N "'0 I ",e...J Centre 2.00 x uoo.. ...J... 0 :c '" 'wo ...JI- :r r-- :II '" "',...</ "'I- Chesler 15.87 <"'eUI-Ul.... NNN I><NU .< Clarlon 7.25 we ~-J" 0 "'0'" ...J Clearlleld 4.31 ~'ni )-UU1 ., . 0 Ul-' .. ~::::u-'w .., r--IO"" z :UJt-t Cllnlon 2.78 '''' I: WQl...JZ >N r--lON : X'" Columbia 2.49 ~"" ~ Ql 1><0 "''''<3' I- < Crawford 2.06 ..~ ooc(x ~ U 1-1II ~r-l O::NUa. U ... Cumberland 14.29 < u.x Dauphin 1.67 . i ...1- Delaware 30.30 Elk 4.67 Eric 10.64 Fayetlo 8.00 Farest 3.09 Franklin 18.89 Fullon 5.05 Greeno 8.13 Iluntlngdon 4.89 Indiana 8.47 PENNSYLVANIA DULLETIN, VOL. 26, NO. 23, JUNE e, 1996 Exh Ih II "n" .' AFFIDAVIT OF LARRY E. FOOTE I, Larry E. Foote, a fully competent adult, do state and dcclare that I have inspected the real property located at 27 Derbyshire Drive, Soulh Middleton Township, Cumberland County, Pennsyl- vania and owned by the Nancy W. Rumberger Trust Fund. I am acquainted with the value of real estate in the locality of the subject property and have completed an appraisal of the subject property which resulted in an indicated fair market valuc of $194,000 as of August 23, 1996. I further state that I am not personally interested in the subjcct properly and that the indicatcd fair market value of $194,000 is more than can be obtained at a public sale. Sworn to and subscribed bef~ me this ~day of I~' 1996 ,. la.<.-L- / VI otary Public NOTAAI,t,l SEAL HOSIE N, auRT[lNL~ PubIkl CIrllsll, CUllX*IIIlO ~ PIti Commlelllon ElqJhIlIIy" 1_ Exhib i t "E" '--"'''~,~ "'"'- >~'f';'''';-l!'4''-r''' I I I I I I I I I I I I I I I I I I I APPRAISAL CERTIFICATE I hereby certify that upon application for valuation by: NANCY W. RUHBERGER TRUST FUND B the undersigned personally inspect~d the following described propP-l'ty: All that certain lot or parcel of improvements thereon erected. situate in Township. Cumberland County. Pennbylvania. larly boundHd and described as follows: land. with the Sou th MiddllO ton and more particu- B&lJinning at an iron pin on the easterly right-of-way line of Del"byshire Drive. a 50 foot wide right-of-way, which said point is more particulal"ly located at the intersection of the easterly right-of-way lin" of Derbyshire Drive and the dividing line between Lots Nos. 12 and 13 on th~ Plan of Lots known as "Final Plan fOl" loIayapple Village, De,-byshil"e Lots 1-.39"; thence fl"Om said point of I>"ginning along the dividing line between Lots Nos. 12 and 13 on the aforesaid Plan of Lots. South 74 degrees 12 minutes 12 seconds East, a distance of 142.55 feet to a concret" monument on th& property line of othel land of Mayapple Village as shown on the afOl&Said Plan of Lots; thence from sa id cOllcrete monument along th" property line of other lands of Hayapple Village, South 21 degrees 00 minutes 23 seconds West, a distance of 122.18 feet to an iron pin on the dividing line b",tween Lots Nos. 13 and 14 on tl." aforesaid Plan of Lots; thence from said iron pin along the dividing line b",tweenn l,ots Nos. 13 and 14, l~ol'th 61 dearees 43 minutes 50 secollds West, A distance of 140.70 feet to an iron pin on the easterly rieht-of-way line of Derbyshire Drive; thence from said Iron pin I'Ilonq a cUI."ve to the l",ft having a l"adius of 350.00 feet, an arc distance of 91.74 feet along a chord bearing of North 19 degrees 30 minutes 34 seconds East, a chord length of 91.48 feet to the point and place of beginning. Being Lot No. 13 containing .3409 acres on the Plan of Lots known as "Final Plan for Mayapple Village Derbyshire Lots 1-39", prepared by Statler-Brehm, Engineering and Planning Consultants, dated January 26, 1989, and recorded in the Office of the Recorder of Deeds of Cumberland County, Pennsylvania in Plan Book 58, Page 68-A. To the contained in neither the best of my knowl",dge and b..lief the statements this report are true and correct, and that employment to mdke this appraisal nor the 2 f ( I I I I I I I I I I I I I I I I I PURPOSE OF THE APPRAISAL Th~ purpos~ of this appraisal is to ~stimat& th~ Mdtk~t Value of the subj~ct property as of AU9ust 23, 1996. Market Value. dS defined by the courts. is the most probabl~ pt'ic~ estimnted in t~t'lIIS uf lIIoney which a prop~rty will brina if E!xposed for salo: in the open market. alluwiny a reasonRble time findinQ a purchaser who buys with knowledqe of all the Uses to which it is adapted and for which it is capablE! of being used. Frequently, it is referred to as th~ price at which a willinq seller would s..ll a Ill] .. willing buy..t- would buy, neither beino under abnormal pressur... HIGHEST AND BEST USE HighE!st and Best Use is d~finad by the Appraisal Terminology and Handbook, pUblished by the Appraisal Institute, as "the most profitable likely USe to which a property can be put". Th., opinion of such use may be basad on the highest and lIIost profitable continuous use to which the property is adapted and needed, or likely to be in demnnd. in the raasonable naar future. However. elemants affectinq value that depend upon events or a combination of occurrenc.,s which. while within the realm of possibility. are not fairly shown to be reasonably probable. should be excluded from consideration. Also. if the intended use is dependent on an uncertain act of another person, the intention cannot be considered. Based on the above site, neiqhborhood. and present use of the subject definition and after seeing the at-ea, it is lilY opinion that the is its Highest and Best Use. 4 .' : . I I I I I I I I I I I , , I I , I , I SITE DATA ADDRBSS: 27 Derbyshire Drive TOWNSHIP: South Middleton COUNTY: Cumb~rland STATE: pennsylvania LOT SIZE: 91.48 x 142.55 x 122.18 x 140.70 (.3409 acre) SEWERS: public WATER: Public ELECTRICITY: GPU LANDSCAPING: Typical for the area, with a sodded lawn, trees, and shrubs. ZONING The subject property is located in an area which is zoned Residential. DETRIMENTAL INFLUENCES None. Pride of ownership is evident throughout the neiahborhood. DESCRIPTION OF IMPROVEMENTS GENERAL DESCRIPTION: One and one-half story detached single- family dwelling containing approximately 2.401 square feet of gross living area with an attached two-car garage. CONDITION: Exterior: Good Interior: Good ROOMS: First Floor: Living room, dining room, kitchen, bedroom. laundry room and two and one-half bathrooms. Second Floor: Two bedrooms and a full bathroom. Basement: 75%. with concrete floor. 5 ~ I I I I I I I I I I I I I I I I I I EXTERIOR: Foundation: Walls: Sash: Gutters: Roof: Storm units: Concrete block. Brick and vinyl sidill~. Vinyl-clad thermopanes. Aluminum. Fiberglass shingles. Screens throughout. INTERIOR, PRINCIPAL ROOl.IS: Flooring: Carpet, vinyl and ceram1C tile blocks. Drywall. Drywall. Wood, painted. KITCHEN: BATHROOI1S: CONSTRUCTION: HEATING: Cabinets: Counters: Walls: Flooring: Sink: Walls: Ceilings: Trim: Wood, natural finish. Formica. Drywall, papered. Vinyl. Double-bowl, stainless steel. Flooring: Carpet and vinyl. Walls: Drywall, papered. Bathtub: Built-in, with shower or shower stall. Lavatory: Vanity. Water closet: Two-piece. Joists: Beams: Columns: Plumbing: Wood. Wood. Steel. Plastic and copper. Gas-fired forced hot air with central air con- di tioning. HOT WATER: Gas-fired, 50-gallon. ELECTRIC: Circuit breaker system, 200-ampere. OTHER: Brick front porch. carpeted patio with knee-high brick wall, vent-a-ridge roof vent, automatic lamps on exterior, Qas fireplace in the living room. GENERAL CONDITION: good condition on mechanical systems properly. ASSESSED VALUATION: All improvemenLs are considered to be in the interior and on the exterior, with appearing to be adequate and functioning $16.740 6 I I I I I I I I I I I I I I I I I . . I . THE COST APPROACH Th~ Cost ApproAch to value is based on the principle of Buhstitution, which proposes that an informed buyer will pay no mora than the cost of providing a substitute property with similar utility. In estimating the cost of providing a sUbstitute, the following functions are completed. The cost of the improvements, as if new, is estimated. Loss of value due to physical deterioration, functional obsolescence and external depreciation, if applicable, is deducted to represent the cost of a substitute d~preciated. The land and the value of depreciated site improvements is adued to obtain a value indication of the real estate. The cost new of the improvements was ~stimatad using information from Marshall Valuation Service, adjusted to the local area and verified with local contractors. Dwelling: 2,401 Basement: 1,254 Porches, patios, Firaplacl'l: Garage: 483 sq. ft. @ $23.60 = Total Estimated Cost New: Depreciation: Depreciated Cost of Improvements: site Improvements "as is": Estimated SitA Value: sq. ft. sq. ft. etc. : @ $54.26 = @ $12.03 = $130,278 15,086 5,200 2,500 -11.1-399 164,463 _ _-O=-- 164,463 5,000 . 'LO..&Q.Jl Indicated Value by Cost Approach: Rounded to: $209,463 $209,000 7 f I I t I I I I I I I I I I I I I I I CORRELATION Corr~lation may b~ defln~d as "the brinqing together of parts in a proper relationship." The parts of this appraisal report are the following approaches to value your appraiser used: Value Indicated by Cost Approach Value Indicated by Sales Comparison Approach $209,000 $194,000 These approaches are representative of the market value of the subject property. I have carefully reexamined each stsp in each method, and I believe the conclusions accurately reflect the attitude of typical purchasers of this typo property in this neighborhood. It is my belief that this reexamination has confirmed the original conclusions. The Cost Approach will result in an excellent estimate if all elements are figured accurately, because no prudent person will pay more for a property than the cost to produce a substitute property with equal desirability and utility. Purchasers of the type of dwelling typical of the subject jproperty are more concerned with amenities than with hypothetical replacement of th~ prOpel"ty. Tht: value of the cost approach is not dislegarded, but given lesa weight because more errors in judgement can be made in this approach. The Sales Comparison Approach was based on several recent sales of properties similar to that of th~ subject, all of which are located in the same general area. The adjusted sales prices are most consistent under comparison. This approach is the most reliable because it reflects the reactions of typical buyers and sellers in the market. Therefore, as a result of this appraisal and analysis, it is this appraiser's considered judgement and opinion that th~ Market Value of the subject property, as of August 23, 1996, is: ONE llUNDRED AND NINETY-FOUR THOUSAND DOLLARS $194,000 9 I I I I I I I I I I I I I I I I I I I CERTIFICATE OF APPRAISAL Your appraiser her~by certifies that: 1. I have no prese"t or contemplated future interest in the subject property. 2. I have no personal interest or bias with respect to the subject matter of this appraisal report or the parties involved. My findings are not based on the employment to make the appraisal, the compensation expected, a requested minimum valuation, a specific valuation, or the approval of a loan. 3. To of fact analyses, based, are the best of my knowledge and contained in this appraisal opinions, and conclusions true and correct. belief, the statements report, upon which the expressed herein are 4. This appraisal report sets forth all of the limiting conditions (imposed by the terms of my assignment or by the undersigned) affecting the analyses, opinions, and conclusions contain~d in this report. 5. This appraisal report has b~en made in conformity with and is subject to the requirements of the Cod~ of Professional Ethics and Standards of Professional Conduct of the National Association of Real Estate Appraisers. 6. No one other conclusions, and set for th in this than the undersigned prepared the analyses, opinions concerning real estate that are appraisal report. ~~~ Chief Appraiser 11 SALES COMPARISON ANALYSIS Thc:I'O u-coIII G.:IIIIU oll"'f)nl~fl.!s .1'" "~l'l '.~".1' ,11,,11'"1""\'111' Itl I.ull,,'!:: .1'.' h.IVl' 110,,'1\ r:ClI\"1l1t.""'~ "llh.' "~I'~I'1 .I""I)'!.,:> 1110.' IIo~lO'lijlhl.ll' ,,~Iu"" ,1 ,,,)11,\1 ,\lhu,ln..t1\llulkK:hno ,n.at\o..cl fC.1ChOI'l 10 11""0 Ilem" 01 Io";,,,lor.i,r,l .......\1...11 lwlWlli'It Ih., IollhWCI ;),.1 UNI"IoIl,lhl..lIHOflCIIIl" r., !l.,",h",,": .I,',n "' Itkl f.M\I),lIi\I"" I)fO(ll~IIV'" l.tlOl""'" 10. Of rr.Jl'lJ lilVOfilblo1 than, thO IublL>c:1 f'l'OfII.!Il'f, n mlIlU" t-I.ltl/...,....,.. ,... Ill,"''''' lI".o,'Plh,u'\oI,,,,,".'":.lh'oI V;\I.., 01 ~".It..., '1,1.11"....'"' .11'111 III IIII' """'''II.II>1ltlo,,~ lnl.',,,,,, In I" It.,\~ 1;'t.,w~lli" Ih.,,,, lhO Mlhlccl ')Inlll'll.,.. illlltlll f I) ,101111'.''''''11111 '1\):" Ihun 1'. 11"'''11.,11.' Inh",ll1',1 v,.t..- ..llh.. 1.1I11j1" I I1EM f>UOJECT ------ -- -27-Ucrbyslii~ AddleSs Ca d isle Proxlmil 10 Su~~ Sales Pllee $ PrieD/GlOSS lIv. Alea 5 Dala Soulee __ lnnllectipn_.. VALUE ADJUSTMENTS DESCRIPTION ales Of Financing cessions None ~UI1C iiiiCcij"5:iiiiiiil~;-'-- A" of 8-23-9 4-19-96 .J!:~_::.95 ocation Good -p" -.. '-si;"h~;' Similar 'Ie/Vlew .2-'-_~ I.".?: 'Tilf 'X'-,2'5- -. . ..._- .. --.ciCi'X-125 .__n._____ . DcsIQ!'.~~.!lJ'I.lI'^I. L\-lllllry 2-ullll'y . Z-lIlury . ualil 01 Consllllclion llrick & '!J-,!yl ._Y.>-'!Yl...!'lili.!'Il_-.;!'.!llliL _ llrick & vinyl e 2...Years ._ .2.J.ear!!..____-'-_._._. New ondition Good Similar Similar ve Grade 101.11 : e~:~s: fl". t.)!,\t: Gcrl'\t: BalM ~_. ---- lot,,1 ;':.m!' fl,:,,~ oomCounl & : 3 ~ 8: 4 :~: (2,000) 8 4 3ls lOSS living Alea 2,40 I So FI 2,3&8 So Fl.' \,300 .__?:,544 So rl. Basemenl & Finished --Pull bsmt" ooms Below Glade 751; bsmt. 90% fin, (5,000) Full bsmt. ~'ull bsmt. unetionalUlilil Avera e Similsr Similar Similar Healing/Cooling Gas FilA w/CA Similar Similar Similar ala e/Calpoll - 2=Ciir garagw Similar Similar Similar OIches.Palio. Porch, screaned Porch, wood: I'ools. elC. ___ _ j~Q.!E.I~ _pot!..o. _.porch '. '(! ,QOOl. _Jij.m.i1!l_L_n_. .L.___ ._" _.steck ...". _._-L-____. pccial EnClgy Typica 1 for lIicienlllems the rellion,__~i~il~r_. HlCplace(S! .____ _~.!!-f i r~,,].~c_ _.~.!'!I_i_!!lr IiICl (e.g. klichen uip.. ICmodeling) , el Adj. (Iolal) Indica led Value Subjecl 5 190 000 5 207 170 5 193 900 .ommenls on Malkel Oala With aJ!jystments. aU_ lhr~.9J!lnarable sales !!.Ie acce\l.tl!ble fo.r the dillc.t.__ salillL.E2illp.!'.ris,,-!'-.-!'lJ'!.lY.B.tu a.n.d.. co!,!. i rf!) my f ina 1 . op1.nJ.o.\I_o f vl\l.u.~..RL$J~t4..,O()Q ..-- -.- --"- ._.._....~_. ._- None : .J_El~':9j'-' :-... Similar IgIUU_2..5.. ' r"- . . Z::lIturY_.___n .:._____. .....n' llrick & vi.nY.L__ 3 y'ears : Similar ital :8Cflf\S: ;alns . 7 : 3 2\ i 2,510 So.FI.: (4,400) (4,000) (5,700) , ..u'lS lluilt-ins Similar : S imila r S imila r :-- - . --.. -.-. ~~i ~.r.frs:iiEi~:r~_(.I..'!!~QI -_:Xi\ill:!.l!==-~C~'~~~-.-= , . B stem: (500) 4 900 5 .__._- ,--- _._~.----------_._~----_._- ----- --.----.---------------- ----- ---_.--_.__._~.*-_.._-- .------.-...-.--.. --. ..-. ," -. ..-.-- ...----.-.-----.----..-.--.--.---..---------------- -------- -. ---- ------.----.----.--.--.-- -..-------.-- ---...-..----- -.--*.---- _0" ..._ .-.-, .-.. ...-...-.--....-..-----...-. ---------..------..------.-.. .....---- --------.--'--"- _.. ----. -.-.--.--. ....---...-..--....---.--.. ----_. --..--.----.--..... . . - -- _..-.-._--- ----- --. ,- - --- '. ------". .-.-.---.----..'.-.-----.-.' --- -- I I I I I I I . . . I I I I I I . I I PUOTOGRAPH OF THE SUBJECT PROPERTY I I I I I I I I I . . . . - . . . . - , . . LARRY E. FOOTE REAL ESTATE APPRAISER BXPERIENCB: 1979-Present: Chief Appruiser, Diversified AjJpraisal Services, Carlisle, Pa. Principal Broker. laRue Deve opment Co., Carlisle, Pa. 1976-1979: Associate Broker, Colonial Realty, Carlisle, Pa. 1972-1976: Realtor Associate, Jack Gaughen Realtor. Carlisle, Pa. Appraisal experience includes undeveloped land, farms, building lots, single-family dwellings, mobile home p.1rks, medical centers, motels, apartment buildin~s and complexes, oflice buildings, service stations, veterinary clinics, rehabilitallon centers, retail buildings, daycare centers, warehouses, and manufacturing facilities. BDUCATION: Bachelor of Business Administrution, Pennsylvania State University, 1976. Associate Bachelor of Business Administration, Harrisburg Area Community College, 1974. Diploma. Carlisle Senior High School, 1965. Certificate, Pennsylvania Realtors Institute, GRI I, GRI II, GRIlli. Certificate, Realtors National Marketing Institute, CI 101, CI 102, CI 103, CII04, CII05. Standards of Professional Practice, American Institute of Real Estate Appraisers. Real Estate Appraisal Principles, American Institute of Real Estate Appraisers. Appraisal Procedures. Appraisal Institute. Residential Valuation, American Institute of Real Estate Appruisers. Principles of Income Property Appraising, Appraisal Institute. Case Studies in Real Estate Valuation, Appraisal Institute. Report Writing and Valuation Analysis, Appraisal Institute PROFESSIONAL LICENSES: General Appraiser IIGA-OOOOI4-L. Commonwealth of Pennsylvania. Real Estate Broker IIRB-029729-A. Commonwealth of Pennsylvania. PROFESSIONAL DESIGNATIONS: GRI: Graduate of the Pennsylvania Realtors Institute. awarded by the Pennsylvania Association of Realtors. CRS: Certified Residential Specialist, awarded by the Realtors National Marketing Institute of the National Association of Realtors. CCIM: Certified Commercial Investment Member, awarded by the Realtors National Marketing Institute of the National Association of Realtors. CANDIDATE STATUS: Larry E. Foote is currently a candidate for the MAl designation, awarded by the Appraisal Institute. PROFESSIONAL ORGANlZA TION AFFlLlA TIONS: Appruisal Institute. Carlisle Association of Realtors. Pennsylvania Association of Realtors. National Association of Realtors. Realtors National Marketing Institute. . . . PAST CLIENTS: Borou~h of Carlisle Dauphlll Deposit Bank Cumberland-Perry County Association for Retarded Citizens Carlisle Suburban Authority Conllnonwealth National Bank Pennsylvania National Bank Evans Financial Corporation Greenawalt & Company, CPA Smith's Transfer Corporation Carlisle Deparllnent of Parks and Recreation Farmers Trust Companr Carlisle Area School District Messiah Homes, Incorporated ERA Eastern Regional Services Cumberland Valley Savings & Loan Association Chase Home Mortgage Corporation Defense Activities Federal Credit Union Pennsylvania State Employees Credit Union Meridian Bank B-H Mortgage Service Corporation Friendly Mortgage Services United Telephone Employees Federal Credit Union Cumberland County Commissioners Allstate Enterprises Mortgage Corporation Dickinson College PPG Industries, Incorporated Gellysburg College Redevelopment Authority of Cumberland County Record Data Appraisal Service, Incorporated First United Federal Savings Associallon Washington Telephone Federal Credit Union Hill Financial Carlisle Building & Loan Association Sears Mortgage Corporation Provident Home Mortgage Corporation Fulton Bank United States Marshall Service Central Pennsylvania Savings Association Coldwell Banker Relocation Services, Inc. Maenner Relocation, Inc. CCNB Bank, N.A. GMAC Morgage Corp. First Bank and Trust Company Mellon Bank Orrstown Bank Lellerkenny Federal Credit Union BancPlus Mortgage Corp. Various law firms and individuals , S. W. BARRETT REAL ESTATE & APPRAISAL SERVICES ^rrrall.h . UwlC'ID,t . Counulin. 124-126 N. Hanover Slreet Carlisle, PA 17013-2455 I'hon. (717) 24).6646 ''i\X (717) 24J.H627 StC'Vtn W. Oarretl, SRPA. SRA, ASA Sttllt C,flV'lftJ Otntrul ApPf1llJtr C,,'Ulttl Apprabtrs WIlliam ^. II...." Dlan.OIll Cauandru Crockeu Sian A. Skowronek A ~~~ 1\FFID1\VI'l' AssorlQ(t AppmtstfJ O. Hlury Slusser Donna K. Shullz Jeanette Jenkins ~ Commonweal th of l'ennsylvr.lII.i.a BS: County of Cumberland I, Steven N. Barret t, a fully comput:ent. millIt, tk' Fll;al".e ;lIld d..lclure that J Jlilve inspected the real p)'opert:y l'.>c:utn.l ,11'. ;:7 llerbYElhi I'e Drive, South Middleton 'rowllshi.p, CUllIbl.\J: J.:H"~ County, Penllsylvania ami <.lwnGd hy the Naney 11. Rlt.nbE:,'qer. 'l":UF.lt: l'lInd 1.1. 1 am a<:ql.l"int:ed wlth t'he vntuc of real Cyt,lt'.~ In the l.;or:al.l,t:.y o:>t' tho subj eet property "nd have completed ill! uppnd ewl t'[ the ~)llh:i ",,,t property \~hich resulte<l .in an indicated fai L- lll<u:),et 'JlIJ.Ut~ or $207,000 <IS of Augnst 21, 1996. 1 ftl1:t:hCJ: Bt'1te that I illn not pC1rt;"lc,lnnJ.l}' .lnt:ere3t:(Hi 1n t:bo ~tlbj0(~t: p~'~jP'::f.i:)' and t.lt.,r. tl:.~ indicilt\1d fair l1lurk",!: V,'l] ue of. :~207, 000. .~ ')1/<--' II :)""'=- U./ .J-/ ~--:{ I Steven W. Barrett PA Certified General Appraiser IIGA-000298-L On this sixteenth day of September, 1996, before me, a Notary Public, personally appeared Steven W. Barrett to be known, who upon being duly sworn according to law, did depose and swear to the ab"\'I~ s':Itement. " . Notarial Sra! Joanctto Jenkin., No'my Public CurUslo Bora, Cunlbcrl.:J.nd County MV Commit;!;ion Ell.pttcs MJtch 23.1998 Exhibit "F" APPRAISAL OF THE PROPERTY LOCATED AT 27 Do~byshlro Drlvo Carllslo, PA 17013 A90F AUOUB121,1996 Fon GOEIlRING, RUTTER, OOEIIM 14tl1 Floor FrIck Dulldlng PIIIBbu'Ol1, PA 15219 DY STEVEtl W. DARRETT REAL ESTATE 124 N.IIDnoyo, 51'..1 C."'.'., PA 17013 t:xhlhlt "I''' , Steven W. BlIrrell RlIlIl Estllte 124 N. Hlnover Blrll' Clrlllll, PA 17013 (717) 243.6646 Auou1126.1996 Goehring, Ruttor, Boehm 141h Floor Frick Building PllIsburgh. PA 15219 RE: Properly, 27 Derbyshire Drive Carlisle, PA 17913 Dallon L RUMBERGER 96.9724 Borrowor - FileNo.' Dear Sir or Madam: In accordance with your requast. I have personally Ins peeled and praparad an appraisal report ollha real property localed at: 27 Derbyshire Drive. Carlisle, PA The purposa 01 this appraisal Is 10 esUmata the markel value 01 the property described In the body of this eppralsal report. Enclosed. please IInd the eppralsal report which describes cerlaln deta gethered during thelnvesUgallon ollhe properly. The methods 01 approech end reasoning In the valuallon 01 tho various physlcel and economic laclors 01 the subject property are contained In this reporl. An InspecUon 01 the proporty and e sludy 01 perllnent taclors. Including valuation trends end an enalysls 01 neighborhood dala. leads the appralsar to the conclusion thai Ihe market value. as 01 August 21. 1996.ls : $297,000 The opinion 01 value oxprassod In this roport Is conllnoont upon Iho Limiting Conditions ollachod 10 this roport, II has boon a ploasuro 10 osslsl you; III mny bo ollurthor sorvlco 10 you In Iho futuro. plonso 101 mo know. Rospocllully submlllod, Stovon W. Bnrroll Renl Eslolo /1J1(')",'~ 1./.. DIANE GILL PA CertlllcnUon #RL.001570.L , I , r SInt~. Rf.....llIlltll.."I"'UIIII Summary Appral.al Rapor. c.... P'OP'"'' O.nrtallan UNIFORM RESIDENTIAL APPRAISAL REPORT FII. No. u..n'J'H .!!DfI!rl)'.~..!!H__ 21. Dtlrby.hlz:. Dz:lve.____ . __ ..____. __.C!'J'__C.r11al._~_____ __~I!~~_f^---1lffO!'__.11013. ,_._ l'I'I~!~IP~lOIl_ Dtlad Deok J'-X. f.oa 17.. South Hldd1eton Towollhlp _ _ ___couIltLCwnberland. _ _ r AIIU!Of ~!.!'!.tI~O ~ 40-08-0533-0U . -- I.. 'fU' P6/n ''1.'"'' , 27.-1_iO .,.ll.I....!!!:."'...u · Hl. Bono.., .n-.-;...~,;._,~ (~tr...IO...'. "~n~u -u: OUYPlftl-[;1' O.ftlf I I "..In, r I ~1(lft' rroptlt'w'lollll.ppr'IIU t ...I'U'lmpl' f'ulllItlIO rrolltlhp.) I PUll I IConOOllllnlumUtunNAOII I.OA' ;t,lo ~"I~:~I~~!!-"lI!fClN'rr'__H'Y'rplu __.__ _d _ _....l'fllI.lt~U__O"':'O~33m ____.f~n_IIII.lfI(l._ _ 0125.00. ~II! !!l~! '-___dO_ hN'^. _ ~ ~ITt I'IUI'I "/A (lWllr"I'II\IM~.lmrn.a~la!lotll C~~rl~!ItlV\~u~~n, I~bt pllll tlJ' _Itn.., Non. IncUclt.d HMll!'~~!~L.Go.hdng, Ruttel:, _ Douhm .Aldllll _ ~~~h_rlool:, Fdck_Dldg,_1'1ttDbul'gh,_l'A_ AIlDI.,ur n"atJ1l' o.J AU'..I 17" ""r' R" n. .~^.'lI IOUllUII I- Wilt.. I-x 6111l1l10111 ...- Ih/'II m~':,~:"l Jlr.~', '.mn, "U'lP,1 ',u..II......... "IIUIIIII Olll'" riUU,," ._ lI"Uln, · f $10001 Ifill OIl.lIml.,. _60 GIO.'~ RIl. ti IIlpl' f- '''1lI1 f- blclfll Kin"".. 90 11l_. No., ~ I'.mlty _ 0__ P/oPtIt)'UI1lU ~ IncrtUIM' f- 51.b'l f- Utch~IIl' Jil:ftn'"l ,J~9 1U1".._ 2' MIlIUI'lIIIIJ. O. o.m.n"l1lpP'1j-. S!IIIll'" r:x 1110.""" J.- {l1t/IUPply V'I'nIIO~"', !Pltllamln.nlL Commmlll 5 ...IIU!lfI.llm. UMllU Jmal rX" ]111I01 OUllmOI VIl'nll",,'I~ -;;n - ----:ta u. -.. -;:,;. --.. N.I.:ft.CI.14...,III.lum.lllU...,...ul'..II'........I."..lnllu'.II. 'W'l'IbarhOllfllOlln'"'U .nllll'lJlltllflllln Pound.d. on. the _north. by_ Route _ 81,.~on .thO.Douth .by _Dol11ng_ Sp1'1no., on_tha_l..t_by _ YOl'k. ROlld .lInd. on .tho.Wut. by. rOI:Oo_ ~o.d._______._____._____ _____._ .._ 'ulOll '1'1" .lIte' 11'1' mllUI.bUllt 01 11'1' p'lIpar".. III 11'1' ~.,,~bn/flMll IlIrllllmlty III .mplll'/mlnl '~ll ,m'MI". .mplorm'"1 Illlllllly, UPt,I III ml'"'' lit I S~j.ct_ll_10c.t.d1n_H.ylrplQ~111.g.,__..Oolf_cou~Do communlty~betwlln_Cll:llI1._.nd_P0111ng. Bpdngl.._ ACC.D l_to_lll_ aman1t1.D_J.I_1flthln_a_ Dhol:t _ dd. vin; _dlDtlnca ..~loymllnt_1D._.__ ..___._ __. dlvenlUld..lnd_.lt.bla.._^pPI.l_to.l'I\Drket_.1a._Doven;e. to.;ood._BKBA_3240. .h.__ ,._. _ '....1.....'. LJ~OIIl"lw I jl'l'ty rxll~ II!Onu To _ ral1dunthL ""!~'I CO/llllllOlll ,n Ir. 'IlOj.CI "'I;~balhoo' (,ncllld,nl 'uPJlOII 101 lfl. 'bO'I' CO~tl~,IOU 111.1.. la 11'1' Iftn' 01 p/orelt)' ralulI, llIm,Il"IIIPII'f, ,", mll'llllll Ilml .. 'lIcIl II Ill. on compIlII'_' lI'OPlfl'll Illl fI'l In 11'1' 1'I.1;l'IbO!IIoo', "",lpllOn 01 I"' plI"l.nn 01 filII ,n. 1IIl,nClIII COIICIIIIQIII. IICI P J:OptU:tY_DllD. _ rocordD_.mLHL:LDtltbt1cD_DhO\LI _ Dtelldlu\'IOd.ntD_1ncra"G_ln.Pl'opany._ value. __ OVU'_PlDt_YI' s: o_AvongG_ market1no _ t1mr:rt _ oL D 0:-100_ d"YD _.1n _11:.'_DhoWD_._good_~.l.nc. OLDUPply _ _ .nd_d0m4ndL-faw.D.loD_"nd.tln.nclno_concoDDlonl.lte_ne.dld.in neighborhood. ..' f. PIIIICI11'"mlttllIII ru~. IIl'pplIClbl'I"'II~' dlYltoPlrlbu~dll In conlrolOllll1 Hom. Ofrll.II' AUOC"IIOllIHOAI? L.J VII 1-1~o 6 "PllIOIIm.IfIllI.1 nllmbtlolllfllllln 1l'I'lub!1e1 plOlle1 U/1t.___. APPl01Imll"011lIlumOIl 01 1111111 Illr 111.111111. IlIbJltl PIOj.C! N/A _ OUUIOI common .tam'MI.n, IItft.!lonat laetllh.I' "/-':. Olm'nllOlll :I.aJe;al_dtlDcdptlon, D1ta._from_t."L.J:OClnda..,. TOllOllIlI1I1 .Level lilUI" .3.Lacl'o Call1lllot '-_IVII ~ Sill .'1'yp.lc.l-lo~.I:G. 1j)l1111~ 1O/'I1tI. ~1'UI'ltllJOII'n'll'8~rtll;IIOI'l _ R-:l,_Roa.1dentlI1...!t9tLPOo.u.ty_ II'IIPI .11:'1'.;\1111::_____.__ 10l\ll\'CO/TIpII.l'lu Gel ",.1 l.'.'tlancalllolml~, IG'I"'III"'I"III /-111I,,'1 LJ ~otDnln, Oralll'll .Mlgulte J!!I~'11 & btllul. ..Implov.d: P"mlulI rl Ol~" UIII!!pl.1nl VI'. .Raa1dentl.1/.Gol'-CC1.1I:DG_ I VlltllIn PllbllC 011'1" OIl..nllm.r"lm..l, Tyllt PllbllC Pltv.l. l'nllH'II'I1' .GoOd ~~:'''''' ~___: __::--= ::;~:""" :~:~:d.m::=== ~j ~;::f::~:lull:::nll ~~:~:dwt.d _ W.,,, Sldlfll"~ _.concrot.o__ 1(P.lAlp'CIII'lOllllllarllllAlu l_JVII [X1~o SIM.ryll." __.____ 5111111'81'1I1 _nono_~___ I(UAlo~. C "'IPOII. .11/_4/81.__ S'or",lI~ X AtI!l__NonD _ I[UA ""P No. 420311A Commlnll llppallnl .dYIIII ..lImlnll, .neronllmlllll, IlIte,.' IItlllmenll, l!rlll .r.u, IIt.,., 01 ta,., IIlItlconlormlll' fOllin, UII, .,c): ..'1'h.,"._'~D._nO JlPP.I:.nt....dV.nfL .IDemontD, _oncJ:oaCNroQnt D __01:'_ OthOl'_Advenct...condltJ.anl. G(NlRAtDUCRIPTION (XTERIOADESCRIPTION 10UNDATION BASI"'[NT No OIUMI _1-- 'oundlllOlI ConcreteJllock SI.b _Nono_ AruSQ.f1. No olSlolln __2_ hllllorW.1I1 Vlny.l/ndck Cfu.lSpm .,l'AttlnL- "Inllll.ll TrIltID.t.IAtl.) Dot.chad RoolSllllm ~_ShlnglD._ BlUm'nl _l'Al't1a~ Ctlnlll I DU'O!\ISIyI" _2_Stol:Y_ Ilullua ,"",nlpll, _^lum1nunL Sump Pllmp _YOD_ Willi (1IlIllI,fPfOPllud ~xlDt1no_ WllldOW. T,p. Coub1D._lIuna O.mll"lU _Nona_ObD_._ 'Ioor A,. IV" ) __3 __ SIOlml5tlml 'rhemopanc SIW.m.nl __None_Oba __ O~II!" [~Iry (11lcllv. A . lVII' :1 I.4lnlllululI.llallll>> Inllll.lIon';';'::':. -,;;::- _~9.QML -1!t!L. _!!,!I~I._ nQ!~III__ .l(I!~~I~_. __!J!~n_ f.~~I~.~I!!; ~_!Lf!I'!'..:..~ ~~~ --L8~ ..!!!!.I!!f}'_ ~!!1'.._ -!'~!~..!~._. Jl~!~ ____ ______ __'__',__ ._.__~. ___,~.___._ ________ _un___ _ _ _ __._ ___1,254_. 9 J!.!!U_ _~_ __1_ ___L" .._..L_ ___ _ _.___~1_.. ._._ _____ ~~1_ _2..lL .__~._ _.__..... _,..l,!H8 i .I.!!!I.?_ ---~- .--- -.--_. ------- ,-_..~ ~. _u - .--- .- --- __2_ __1 -- ---.-- -~- - _u___.. 58~L i _125.4_ --=D=-- _N/A__ _.NL^-- _N/A__ _No__ ~~:lAlIO' ~ CllUnl W.ltl ''''' Non. UI'I.na.1I _____ __ ~w.;-;'-m a,,;.~~'nlai~~ ---:'-.-'R-;;;I;--~- Rltt/oomlll: ~-;;.~ Rlll'1l1l~-.~S4ulI.f'~G-';;-it;;;;../u--- INURIOR UIlIII.lllCondlholl I1(AII'm kIICllIPlIOUIP.__ Allie _ AlA(~1T1[S C"ASIORAG[; ::'~:I -ClIl:POt/.V1nyL 'rllt _GIIA~.__ R,llIg",'oI -= NO~I ,_ IllIplmll)1 1--..1. ~on. 0 11I1"'1 _DJ'Ylfl';U,_ h., _GIlIl_ R.ng.lOy,n -e SlItll -= P.llo "1" lflmtfinllll -'i'o.od___ COII'!'!~Good__ DIIPOII' ...e. DIOpSlI1I ..A Om "llunu 2__..__. B.,n floor --Yl.nyl COOlI~G Dlsnfru~" ::x sculll. _ Pale" ===..1. o.lun'll __. w _. ._ B11nWI'nICol_._Pa:Ylf.11...._.._.._~. C.nll" ..YOD..__.._ 'I,...,h'l(l' .~ 11001 _ flnu H_____ _ 8ul1l.ln Dball Wood 0'1'1" N/A I.4IC/Ofrh....ft. Ilutld _ PClOI Cllpoll r.~~rl(.~;';:;i>inn coo..,." . r.~nd- - W.."'IO"" ""',,. D,",w" -;;,..--;:'- AU11lon'1 1..I~rU (tPICIJI '""gJ '!lltl,nl IIlml, .,el: ~Gaa. t'irepl.ce,_.J:'e.r _plltio,_coumJ.c---.t'Oyol:,__cathedral_coi.l1ng __. In_tamJ.ly_~oom,_evo_Dtong.'___.._.__~_______.__.___n_._____ _ ~_______...._. .__._.__ I CO~dlllOIl 01 l~. ImpIoy.mlMI, dlPIUlIllOII Ip~YIIUI, lu~ttoon.', '~ll "lfln"!, IIp'"' Illlllld, tU.'lly 01 ronlllllcllO/l, IImoll,tlnl'.UIIIOI\I, .It.: -- The _j.mpl:OvementD _ are _1n _good. condi tion ~ w1th _no ._phYD lea 1_ o!:'.J\lnQtlon.l~,l.mldeq\J.clell._ IIppa rent .___~ -- Ahllll .nyHonmlnUI tllftlllllonl llucll II, byl nol llmllld 10. 1'I.'lrlloul fIl'"I1, InllC lublllnl", lie I p""~1 III l~. Impfcumlnll, on Ifl. Ill', III In I~I Immltt"I. VIC1~ltr 01 lU lublltl prapllly tfo~advurao_onv1ronmental_ condltlonD._aro_.pparont/diacloDed'm.. _ ..._ ",,,,Ulllao""otll ucn rAt,llmr &O""'lfolllc,'II'I',"'lt'tlH'" UrJOl!lltll' I'''' Uu 'a'" lllClll II) Summary Appraisal naport C.IO .: V.hl.llon Inll'ln UNIFORM RESIDENTIAL APPRAISAL REPORT FII. No. .....-......... 11111olAUOIIIIYAlU( .., ....... ". "'" .... _40.000___ Comlll,nl. 011 COil ApprUtll IIUtll II, IOIIIU 01 COil ,.llmll., lIlIMAffORI'ROOUC110HCOIT.Jt(WOfIY'llovrf,lnlll III. .,Iv.. .'11'" 1001 calculllloll, In' lor IIUO, VA In, 'milA, IJI. 5 DoailH1l1 _2.'3:L SI 'Ial _ss.oo_.s ~_~13P,31'_ "1111'.1.' Ifm.I.....,' teono/rlle ~l. at In, p"pt'!)'1 Ca8t_ne"_ , nllanwnLl,254 U flDI -10.00_. ______.12,540. _ trom,.H.nhlll-B)fUt_VlluIUon_S."lc._~ I rJ..sp18co/uUo/ro.ch__. __~_6.000_ .lIln<lbook_sncLlocll_cost_snslys1s.Llnd .--- Gm,I1C.lpo,1 _483 i, flOS -16.00_. _____7,.72B . vllue-lEom.Haa:k.lt_Dlta--.COIlFldlon.____ lotll (lUmll.. COil NlJr .... _~,~165, :i83_ . D'pf.cl.t1on.b...d_cn_.g._~lt._obIlQl'V.d_ leu 1.2' Pn,llt,J hnctlon,l hlllnlt ~ condltion_lncl_Harket _Data_Andy.la. ____ D'PIUllllOll _2,.00d_.~__.___l_.___.._ .__ -I _____. 2,.000_ _Eot1mated.~l\emalnlng_lconom1c..Llt'a .55 .to .. D.prut.I,'V.I.,.01 Impllrr.m,nll .1 ~._163.:583_ _60 y.IE'D.________.__._____.__ ',lI-II'V.lu.OIIIl.lmplcrr,m,nll -I _ 4.000 __._______________________.__.~_._ IIlDlCAUD VltUf If COli A""OAC'".. ~~n'.j . .:n'n,' _I .~. -~noj: ~R~-- lTfY SU~J(C, CO"'!AIIAII~( ~o I CQUPARABIf ~O.l COY,,,,"AllffIO J _ 21 Derbyahire Drive 21 Cerbyshire Drive 551 Derbyshire Drive 56 Derbyahire Drive ,lWIII CIJ:'llD1 .Cldblo Cu'lhl Clrl1l1a. ',ollmtlylolubj,cl - -Dml_Dtnqt DamG-.atnqt a.rnILJlt.J:'.~~ ~ _.!'!!!E!!--_. '-__H/l1. .1.1 203..~00 !J 232..000 j li8.800 ,nUIG,ouUv.Aru_ ~ II! L--1iI0..:5zJMii~ft;'- 1--..11.93 riiTi'!.DO L--11i1.20J)r Dlu.n''''r lnllpectlon Courthouse Recorda CourthoulI. Recorda Courthoua. Recorda !'rlllUllOfIlourcu . ~IUfAOJUI'UENTI OI5CIIIPIION DISCIIIP'IOH 'U!~I_~ OUiCIIIP'ION ....!.1!!.&!,....... onClItPHON _~~J~~~!I"'''l ~::.:::::"'" ..... ~::io~onv I ~~~~3;onv T ~~l.~~.5lconv i 0"'" ...mm, a.ill 6120/JlL-..f 6/.l3lS6 2 'lJ .S5__! 101:11101I ^ve~lg. AYling' Avenga I AY.E'.gll--1~___ llau/lol''''"lUnp1t rail S1nFla _ I'tllI_S.1..rr1'111_11 rall_S1.rrpltl-!___ .r.a_S1nFlo----i__.__._ Ill. AvangB_ AVllngtl_. AvangB----1 AVllnga--4___ v". J\OsdlGol~. l\e.d/jioU~.1 l\O.dIGoU~.1 . ;;I\OSdlGolLC'!__, DtlIOlUnU_.I 2J1ton'/.aoQd2..JJtol:'y/.Goo~: .2Jtol:'Y/.GQocll _Stoa:ylGood: Qull1NDIConslruCllDn laY.ngelGoo~ Ayenga/.Goodt Aveng./Good ~v.ng.lGoodl ~ .li' ..3-X"eln_ .2JIII:'D: N.... I -1,.000 ~Jeln : CO"".. .Goo~ Goo~~ iGoo\l. I .GoO\! : ,lbov.Old. 1~11 I ""1 I "'I 11111: ..... till'" IJIII 1 lie.., 1 ...., . 111I1 I ""I I "III t I '''''''''''' 11---J..L-LJ.L_'LL3.J.2.~J +2,000 _SJ_LU---l +l,0001_lJ...J.2.LJ +2,000 OlOuUv\n'Aru 2,.533 fiG fl. .2,.248 s. FIl--tJ..100 .2,..9.lL-.!!2Lf-=-11,J.00 2~10-!!lL~___ lu,m.nU fltll,1II11 Partial Damt Full Damt I Full Dsmt I Full Damt I ''''''.....0.... l1nCJ.nhhod_ .lInUnhhsd I UnCl.nhh~A I ;'nCJ.nhhod I funcllOllllUl1H Aver:aOIl- AVonge t AVDnge t .AVIJ;IOll-i """"~-I Gll1Ilcr. GII1I/CA-, .Gll1Ilcr.~ .GII1I/.c.L.-i-_ f (nurrHIlCllnll!lml .1'yplcl1- .1'yplcl1---! .Typlcl1--' !lyp.iCll I .M!!.i!a'PtlI1 2-CIJ;_Glnga 2-CI~Glra'illll .2-CIJ;_GIJ;lgal__ .2....cILG.l:'lga~___ 'olcll, PIIID.DIt~, PorCh/Patio Porch/Patio I Porch/Deck I Porch/Deck : Flllpl.calll,tlt. .LFlroplacfL .1_FhBpbca ' l_riropllctI ' .1...r.iEIIPlactl ; fm',PDOI,'1C "onCll__ In'il(d.__fOol+~5,OOO .None I None. i .~!L~!Lllallll Ii] . CEJs~___41100 .Ll.!-l.xl:..lS: -.1.1,.100 . Il.:~ 2._000. "Jullllll.ltIPIICI '. Groaa 6;9\J Groee 506'1 Grolu,.1.0'1 nlComparlbll Nat.:.-2..Jt'. L-2Q1.,.600 Mmt . "8" L-.22.0,.JOn ;;t!,<'1.~n. II 2QQ,.8.oo. Cnmm.nl' 0tI 11111 CDml'IrIIOn (l~clU'lng In, tubJ'tl propel!y'1 compatibility 10 Iht n,l;hbtJrlloo', .lc.l: SubjICULCO~lt1bltLHltll nllgl\boJ;hood...pcopu'tlall 0-9 Ilul_CoJrlPlr1aon_AnalYDla_ohoHILI-YaluIIJln'ilIl-O'c_'a.O 1, I100_to_____ U21,.oOO.. ___ -;'''~P";:I,~",,. 9/9~~!lf!~=_ H/A ~CQ.,,~~~'"'-"."'C -=/:/A .".""'['"0.'--':: H/A ...f"'''!'_I!!!IL~QcJ== SOIlI", lot pllor Ulll $32,000 Lot CourthouDB Recorde Courthouae Recorda Courthouoe Recorda 'IIIlhlnflllol'p!!!!!!U.cIlR. ------ -~ Mlrylll 01 .n, Clllllhl.orumtnt nlSlI., opllon, 01 IllIlng ollnt I~biltl ploperty .n, anllysll Dt IrI'f prlOI filII 01 lubIICI.n, complllb1u wllhln on. ~ur olthl dll' 01 'JlPIIIIlI ttO_P.dO.L'--DllI1ILw1thin~p'Dt_YB"r.~_~..___..~ _. _m - ~ -- ----------.------- IHOIUHO VALUf I' UUS COM'ARISON A"ROACH I -207 DDO _ INOltATlO VALUf If INCOMf A"ROAell III AlIlIllml~i htlm.l.d "i.rkll nl~i i ' .......... .;ji~.. iW~' ~'Q;O.I.I'R~~I'M~U~~~'.'..' ~;i:;'.' , . , ' :. ~~-~ '1II1'l'p"lnlll m... Lx) 'ulI' LJ __ l~bj.cIIOlhtllp.jll.'Il"'llonl, InspacllOn' Dr condlllOnlllll.' bllow LJ I~bj'cllo tOmpl.llDnpar pl.nl.nlllp.clllt.llonl CDh'111OII1 01 Apprlltll: .'1'hG.prope,ty _hna_beon_IIPPl'llIIed...ln_cul:l:onLcondltion.a-%h1a_'FPJ:ll.I.LJ.a_lol;__ cl1ant!.D~nly f _nontunatauble._Seu_ftttftChod._ftddendum. _S\.lm1laJ;y_^ppJ:'ftl.I:LRtP:o"'-____._ '1hItll.conCll(lllOn: Coot _Ind.. Ha~kut_AnalYD 11_conD1atllnt1Y_D\SPP:0rt.JnY_tlDt1matlt1..ma~k.t_Yll\ta o-GRH__ MI1YI1a_ WID _t'o\lnd..J.nlpp~opr1atu_t'oLth1a _"nelya!o, _GnltoDt_we1'ilhtJa_IPPUed_to._ thll_ Harkat__ Dlt.....An.lyl1a.._S\lpportJ.ng_t'J.la~J.nt'ormatlon_aubDt.ntlltaD _thtlDII_IIot1matlll .~ ltot PUIPOII 01 11111 Ipprlllll II 10 II1lm.lt lh. mll~U ~llu. ollh, 1111 proPllly 1/1'1 I' Iht lublul ollhll llporl, bU" onlh. 'bov' con"honl .n, III. UIIIIIUllon, cDnlln;.n! In' IImlllng CDl'l.ltlDl\l, In, mllul ~"u' ,.llnlllon 111'1'" II,t.d III t~, .1IIch., fUddl' M.t fOlm 'J9If,nnl. UII FOlm 10040 CR.vllI' 6/~3-_1 I lWEI UTlMAn 'HE MARKO VAlUE, AI DTFlN(O, OF 'II( nUL '"O'lRn TltAT II tilE IUIJEtf Of nl~1 OF It.Ug\llt_21,_1996__ (WHICH IS TIll OAlt OF INlPlClIDN AND TIn IfneTlVE OAn OF TIll. "1'0"11 '0 _207,.000_11 ;;::.J-I ~~:~ull~~LOr~a_. h_.._..._. __.."...____ ;!~:~;~~~~~~~RErl DI: _!J_ rilOld []OldNOI ~1.!!!!-DIANIi_GILL_____._.____...... ____.__ .__.___ ~1'!1.!..~STEWH_H._DNUU:iTT, SAA..SRPA.___ InSPltl PIO;III)' ~~!~!~~ln.!LA\lg\1Dt-261._1996 .__ _._ __,..m_._~_ n.1.l..R~po!!~lln!i!.^uguot_26,_1996.____.._._..__.. -------____ ~~~~IllItClllon' RlI,:001579:-11_._ _.~. ._ .... ~!'l'_..P^_ ~t~I~~!!!~~~~!H?Il.!_G"':.000298:,J.__.~___ ....__.____!il"!~___ PA_ OISIIIlUunu, SIll. O,511I,!lr.nll' nD_n?t:a.,,_.. 51.11 D" I,.UIUIC 10..11I 111 II !feu 'A~I '01 r 51n"Wa."I'lI'llIIII'I'I"'l,Ultl' fl'~..LlIII.....1OOI(' If) ...r ~. IV' ~ " . SKETCH ADDENDUM '!9'..!!?~!'.J9'~t PfPJ~llAItdI~' filJY !~11!' UalLvn.~,_RI/H"r.HI/r.H 2Ulo.byoh1<u.HrJ,Yo . 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Ce~"tl Cumborhnd hllljft Go.hdn Rutter Roehm &lle PA htl"W ~I"..",..ll'" (rl/f1l'UII Cuo' file Ila U-0124 _lrpCO~"d 17013 FRONT OF SUBJECT PROPERTY REAR OF SUBJECT PROPERTY STREET SCENE o ~ r: i O::Z" w::d 00 0 ~ :E U f 1I~1I ::> p ~IJ U ~ C ::l o o ~ " 0. Ulz;' Ec \<1" '00 4,0 CI Iz.!,1 II S. w. II.AHH~:J;'r HI(AI. 1(..,TAn: AI'I'RAISAI. SHRVI~F~~ HOlTClwrrl ClIll!1-DDltQnJl_RmmR~c;!!!L_ ,.. . l'rlI~r Add".L11 P_l'rbynhlr.o Jirfy. CJIY carllulo _uj&UDt.J_'"~_:_. ~li~ll~ii.~n~! .____--HI.t~ I'A LtmJrr Gm:.hrJ.nRI__Jlut:tl!r.__nn~hnl A"I'RAISAt. AUllt:NUIJM SI't;CIAI. (:UNUlTIUNS 111~ fulhMln, rheeLed lI~nl' ii'\' .penh. 'p".I..II1"hllltou.. '".11 ""I~ i.!.-nhll,.1 "I Ihl\ "r(l"u'u """"IC Ihc in'I>c.1111f\ "' lht ,..hlffl rrnJ"l'II). Ih. ,un'l""oIhlc ,.In ..nJ Ih.'1f nri."lllllfhulI.h.or,...I'_-II'Klf1. t'nl'''''''''''''I" n'Il..I. Ih. ,.1f1.hlhllll.lh..t "1'1") ','tile .uhJnl r"'J"'ll~ ,lllhc ""'''f'olrahlu u"J 1M) N(tl'.llr.llh"Il1,,'~t1 ...I..e 1l,lhC' 'uture I'l.lh'II'lht) ,,'.h, \1,1'1".11"'1$" III 1.....Il;! "1'1",,,...1 I'"." .hit" h""h ""'",,'.""" ..,:nh'" "1111, I...n ..'''''Ill....' h'nlnn..lo,: 1I1.l/hl \..tll." I. ~ 2. ..... ,1. ~. .1. l.. 7. H. ". III. II. 12. 13. I~. IS. .L 1(1, 17. IH. 1'), 211. 21. 22, 2.1. 2~. 2S. 211, 27. 2H, -/ 21), .Ill. .11. IInlt' 7.IR..1:.I.de 17013 Thc "uhlel"1 i" 11Il',IICll In ,I 1IlI,II.lh',. ;....II..ll,.... 111.11I ,'.'\'f hllilllll" Thl.. t'llllllllluII i..I)'llil',11 ,11111 ~'1I1l11l1ll11 lut Ihc IUCIl ilmIIUH';S NOT illlcl'llth' lllill~l'I ",llul' III IUllIrt.' lIlilll.elllhllh)' llf Ilu,' ~llhjccl, (;lInlnu.'rdlll/lllthl..ltiillll"l'.. ;Ill' ImUll',1 wllhlllllll' ..UhjCl'I'" IIcluhhnrhllllll. The"c ""c~ IlIe I)'flll'allll ",imll,1I nelghtlllfhlllltl'l 111111 un NOT ,dlnl IlIl' l1\ill h'l ",lIuc III lulUfe lllllrl.elllhllll)' Il( Ihc ~lIhjl'cl IHullcn)', VIICllnlllllllllndl'\dlllll,.llumlu"l'" ,Ih' IlIr,II~'ll \,i1hlu Ihl' ..uhjel'l\ ncillhhmhullIl, The"e lI"'e" arc 1)'llil'allur Ihl' IlIcllllntl un NUT Ilfll'fl Ihe 1Il1l1l....1 \'Ullle m IlIlUh.' lII11r!.;elnhlllly u( Ihe Mlhjecl properlY, The 11IcIlumlnltnl \-ilhll' illlth' IIdghhlllhllml i, Ic" II1Illllhlll fI( Ihe lI1ar~cl \',III1L' uf Ihe \Uhj"'CII'Hllll'II), Thi" h IllIe hllhe \'l'I)' wiltc IillllW III \illll'" III IHlIJll'r1le" In Ihe IIrellnllll Mll'crlm cllIulily Ill' Ihe louhjccl plllpcrl)', Thl" ctlnllllllln UUt:S NOT ilHel'llhl' lIuu!.:cl vullle nf the "lhJecl m I.. (ulllre murLcluhllil)', The flilllhjecl plll'I...r1)' 1\ Im'llle,llu II F,E,M,A Illenllnl't1 HUIII Znne, Thl~ cunllhlun Unt:s NUT IIff"'l'llhe markel \'ltlll'" UI fUllIre Illirr1clilhllll)' III' lhl' \Uh)ecl .....hen rrumlln!llllllllCe cU\'cruge I. rCCjulred, FllIIlI! In:.urllnrc h. louggc"lell, Dampncli\ I" nUlellln Ihe hll~elllclllllr Ihe \Uhjel'l. Thi1'l'unlllllCln is conliillerellI)'plculIn tlwelling\ ur Ihlll '1)'lc und onES NOT ul'feCllI1ilf1cl \'lIlm' IIr Ihe rUlllrl' 1I1l1l!.;elllhlllty u( Ihe Mlhjecl, Slunlling nr rllnninlt Wlllcr wu,," nnt prc.'\I.'IIII111 hil\ellll'nl nOUl, The ."hjeel plllpcrl)' IfIiI "1,l1\-il'c,1 It)' Ilfh'.llc wcll _ lInll !roeplie _ ~)'!Ih:mi which Is rUlIlnllln fur Ihe IlrCil, Thi!'lllne5 nul llrrcCI mllrl.cl Villtl'" fIf rUIllft-' mllf~elllhllil)', The lIuhjccl jl. ulllellhll" rht' )'ca".. AlIlIlcdllrnlt-lll ")'''Il'm\ Indulllng the hcuIllIg. c1eclrlcullllHl fllumhing l\)'Mem\ IIPllear UpOllll \'j"llilll'l.leriflf irl\lll'l'lilllllll hc In wfIf!';ing IIlller, Nfl warranlle" arc Implied In Ihl, .Inlemcnl, Replllr Ilern!'l W,,'Il' nUlcd in Ihc c.:UlIllllellh ..ecllun ur Ihe rcpUlt, ThcM! commenb un rcpalr lIemllllre (ur lIc!lcripth'c purflll"c" unl)' 111111 me llul rCllulrcd rCllilir!l, The rcpnlr Item" lI~ted arc cmmcliC' lll1d DO NOT affecllhe murkel \',lIuc nr rUIlIr,,' mill~clilhilil)' ur Ihc "uhjecl properl)', Thl.! hll"l.'menl nom I" II din flllllr, ThiHlllulilllllll\ CIlIllIIIIIIl illllll),llicl.l1 (ur Ihe ;lIclllln,1 nnES NOT aO..."1 the mur!.;cl \'ulllc III rlllllrc 1lI1111clilhilll)' III' Ihe ..uhjecl, Thc IHl'!'Ience O( It dlrl flnur Unf:S NOT IHl"C il hclthh or MI(el)' 11ll/lIul, The Auhjcrl prnllCrl)' due.. l'ulIlllin rlllll'lll1nlll uh\ulc!lcence liS nnlcd In the repnll, TIlis conditiun I~ consldcred c:ummlln IInd 1)'Ili,'ul (ur IhL' nci~hhnrhClCld :Inll onES NOT u((cclthe murkel \'ullle or hllurc mltrkclnhllily nr Ihe ltiUhjecl, The Iflnd \'lIllIe CJtl'CL'II~ .lWi !If 1111111 \'lllul' ,IIII.' III Ihe high dCl1lnntl (or \'lIcanlland in Ih!!, ncighhorhUlHJ. Thill, conditiun I... cun"hlelL'11 cnl1lmllllllnlll)'Jlicul (ur Ihe nclghhnrhond und OOES NOT Ilffccllhe mllr!.:cl vulllc ur humc fl1l1rhlllhillly III' Ihl' \lIhjcrl, The lund vulue cJtI'l.'ed" :tll'f. ur lul,,1 \'11111"', Thi~ 1\ lllle In Ihe IlIrge libe n( the f1ite, Thla, cnndillnn i~ cnnlildercd III he 1),lliclllllllll ClIlllllllllI IUIlI IHIES NOT IIrreCI the mllrlecl \'111111: ur (uture nuukelnhilit)' uf Ihe fluhjecl, Indl\'1Iluul udju..lmenl'" wcre rClluirelllhlllexl:ccll I~~f" The",e udju:'ilmenb were reqlllrell due In Iud u( mure ltiimlllu CUl1lllllfllhle~ 1I11lhilllnlli\'illllul rilling, Alllhrcc cnmpllrllhlc5 (He Ihe DEST A\'AILADLfo:, TIIIIlI ulljllMrnenh I.'lricccll :!~'I, Thill i.. dlle III Ihe lack u( cnmpnrnhle I'onle5 Ihnl Were more ltilmililf in Ihe 511hject'lti mllr!.;,'tllfell, Alllhll'c l'lI111Pillllhlcll i1rc Ihe nEST AVAII.AIII.E, One III lllUre clIlllparahle "ilh:~ Ill..' nl-It,'r 111iI1I \1\; llllllllhll, 1\1lhulIUh Iherl'llIe ClIlll'liIrllhlc prull\'rli",lti IlIlhL' ltillhjel'I'~ IIrCIl, NllnL' hil\'L' ~1I1i1 re"L'ull)'; IhL'rl'llIl"', ....Il'!I111 cxcc".. IIf ltih mllnlh~ hllVC In hc 11.'\""1. AlIlhfl'L' CtlnlllUrllhle!'lllwtl Wl'rc IhL' IIt:ST ,\\',\II.AUI.fo:, One nr mUle cumpllrllhle... lI"cd wcrl.' In CXl''''''~ III' IInc mill' frum Mlhjecl properly, AllhuUNh Ihere 11IC cumpllrllhle IHfljlcrllc" in IIIl' illlll1ellilllL' IIfl'II, nunc hll\'e ",uM reccnll)', Therefore, it WAS ncccuur)' In lac cnmllilrahle IIl1lclllllll"ltlc ur Ihc 11IIllIL'llilll"'llreu, ^II eClllllliullhlc~ u5ell llle locllled In ,lmUur nelghhmhllllll.. and within the !Iallle II\lIrkelill~ ,HCll, ^lIlhrcc l'UlIl'IlHnhlc.. tI!lcll Were Ihe n":ST AVAII.AIII.":, The c1eclricul "Ylllem \Vii!! 111I1 CflunL'l'lcl1 during III"fle(llon, The wlllcr "er\'icL' WU\ nfll wlIlll'clellllllllng III"Ipecllol1, The hcnling !'l)'\lem Wit\ lIhUI 111I\\'n eluting 11I",IC('lllIn, Ruurlng _ 1'llIlIIhln" _ (:'c"lrll'lll_ IlculillU _ ccrlHlcallun b !lugge5lcd, 'ngrullnd ~willIlllinlt pUll I _, 11111 hulldilllt\ _' Indudcll _' nlll inclllded _' lll:cmdlng III lendl.'r" guideline,", Accnrlling In lellder" guiell'line.., if lIlil\illlUnlul' _ iIl'rc!I were clln!!idcfed rllllhir. \'ulnullnll, ItCl1Iillnlll~ IlcrclIge WII!! gh'clI nil \'Uhl"', The ..uhjecIllfllperl)' i\ IfIl'illl'd Jln il prh'llIe rmul. Wnnd InfcUlllillll in\lleellllll I.. \Ulttte,ll'll. I.u..' fCCUhlell dcetllriln..rcf: nult" , L'ulI"'drrnUan: S :',,' , IJW111I,"cII cnn!llrlll'lllIn/lcllllvillllln III iU'l'U1tlllllL',,'llIl'hlP"llllll !Ipeclrlcullnn~ In he tlln1J111.'lclllnll wIII~miln" lac mlloner, Seller I~ 11II)'llIg pllrlllllrllur c1u\in.t ,'11..1\, Thi\ nn..:s NOT aflccllhe lIIarLcl vlIlue nr (IIIUIC IllIU~clahilll)' u( "'lhjecl, All CIII11III1"lhlc !Ii1le" Me wtlri,'t! dll'",t1 ",tic", Therc IHe UCI !IIICdnlt'lIllllillllll'llll ullll'r IC1luirelllenh Ihlll wlluld i1rrerllllilrkcl v;llllL'm ftllllfe Illilr~l'lilhilil)' in I1li~ AI"IHlI!l1l1 RCllllfl, Olllel: ___~__~_ __'u_ I, /". -"o-/~-e..( . Allltrlll!ll'r __S-cvJ IL 1[_:: Hetl.:", AJlprlllnr APPRAISAL REVIEW In .etord,nu wilb lh. Uniform &I.nduds ot Pfolmion,l APPlIlul Plltll", I .ubmil Ih. 'ollowlng .ppfaiul Ani.. of Ih. ,Untl.d Unilorm ",,'d,nll,1 "JllIlIlul IIpOl1 plrplltd by DIANI 011.1. datld ...A~SI~~~_.2~.,_~~.?~___ tn....rlng III, J1'opt~"ic:i"I'd '1-ij'- ~.~!bY!hl!:~ Driv_. ~~tl_!,l~,JI\ ________. a...d IJpon my IIvl.w, I d,d,": (I) ThI ploptrly Yl'hith l'lh, ,ub/nl 011111'"'11.. II lull., dUUlb.d In Ih. .lIuhrd Unllolm n..ldIRII.1 "PJI'Si'" R.port. m 'h, ,lIuh.d 'PJlIIIUII. compl". .nd .CCUI.I. pUI'u.nl 10lh, II.ndlldl III fOllh lrt Ih. Uniform SI,nd',d. of P,ollulon.IApPI.luIPlItll", (31 Th. dll..oo Ih, .djullm.nlllo IhI d.,. I" Iht .Ulth,d 'PPlllul,".d'lIu.I,.nd !t1.Vlnl; (4) Th..pp,.lulm.lhodl.ndltthnlqulluudlnlh..lllthld.pp,.lul.IIIPNOprl.l.;."d (51 lh. IRlfy.II,opinlonl,.ndcontlullonllnlhl Illlthld IPPlliu111l IPPloprllll.ndr..,on.bl" CERTIFICATION Bntdupon 11'11 101l0oing, I nrlify ll'llt, 10 11'11 bnlolmy.nowl.dgl udblll.1 : (1) TI'II 'ull.nd d.I.llporl.d by m..nd uudln 11'1, revl,. proteSll" 1I1/IInd CDU.tl; (2) TI'I. .n.lylll, opinlonl, .nd tontlullonl In Ih. IIvllW llport II. IImlt,d anI)' by Ih. IIII/mpllonl .nd limIting tondllionl 11.I,d In Ihil IIvl,." llport, Ind '" my plllon.l, I/ntll.lld plol,ulon.' In.,...II, oplnlonllnd tontlulionl. II) I hlVI no pr..,nl Of prolpttlivl Inlllnlln Ii'll PlOPS'''' Ihll II Ih. lublett 01 Ihll llpoll Ind I h'vI nO pmon.1 Inlllnl or bill wllh ruptc:llolh,plIllulllVotv.d (~) M1 tOmpsnllllon II nol CDnllnglnl on Inyltllon or IVlnt ruultlno horn Ih. Inllyl'l, oplnlonl, or tontluslonl In,OflhIUltol,lhllflVII."lIport; (5) My In.IyIII, oplnlonl, Ind tontlullonl WIll d,vlloptd Ind Ihi, flvi.w llpoll WII pr'pllld In conformity wllh III' Unllarm !I.ndlrd, ollh. Prolmlonal ",PPlllul PlltllC:lI; (61 171 (I) l-.di.d_ psllon.IIy Inlpttllhl.l/bjetl p,operlY 011111 repolI I/ndtlllvl.w; No onl plovld.d lignllleanl p,olullonll.nlllln" 10 m. In my Iuntllan "llIvl.w 'ppIIIII'; I mllty11111,10 ll'l,but01 my lnOwlldglIndbtU,', 1111 "porl.d Inltyll., oplnlon'lndc:ondl/.lon'WllldlVllopsd,lnd IlIis llvil." 1111 bun pllpllld. In tonlarmity wilh thl IIquillm,nl. 01 Ihl Cod. 01 P'olullon1l [IMCllnd !I.ndlldl olltls P,ol"lloolI "pprllul Plltllu ollhl Appulul Inllllull. ('1 I Willy Ihlt Ihl 1/11 ollhl. IIvil." I, lubjttllO Ih. IIqlllument. ollh, "pplllsal Inllilull 1I1111no to IIvll." by III duty lulhorludllPllunlUivll, (101 A. ollh. d.,. ollhl. IIVI,w,I, Ih. undtlllgn.d IIvi'WII, have compl.l.d Ihlllql/lllm.nll ollh, tanllnulng tdutallon plogllm 01 Ih, ~pplllulln'lIlul.. --..-- - --- 6ignllulI: 0-- .:-..c:_.t-J '''ml __@,!,~81f H. DA~!!rn,J!.~I~B~~ Oil, Slgnld: _~~g~~2.!,~!!..________.. !III'Carlllitallonl: -.Q.~~~~~?.B..~ S~~L...!~_ or Sill. L1t1n.. I: RD..[i26~~!.:...A____JH!~JL Erplrltlon 011. ot Canlliulion or L1ttn..: 6/30[97 ....,........III..II(n 11l"f11It't DEFINITION OF MARKET VALUE: TtI. mall plab.bla pllc. whl,h. plap'll, Ihauld btlnoln a eomp.IiUv, and c.pan m,'hl undu, an condillonl 'aqullita 10 . lair ..la, Ihe boral and IOUa" oach acllno plud.nll,. knowlldg..bl, and auumlno Ihl plln II nol a".,tod b, undue IUmulul Implicll In Ihll dallnlllan II Ih. conlummallon 01 . ..t. .. 01 a Ipatllied d.'e and th. p"llng 011111. hom 18110' 10 burol undor condlllanl wh'feb,: (11 bur" and ullol al' trplnll, mollvalld; (2) bolh parllo, 110 wolllnlolmod 01 wall .dVll0d, and ..th aclino In wh.1 h. conlid"l hll own bOil Inlaloll; 131 a rOllon.blo limo II allowed lot O.polule In Ihe open marht; 141 plrment II m.de In Ilrml 01 cllh In U S, dolll" or In I.,ml 01 linanei., l"anOlmanll comparablo Ihalolo; .nd 151 Ih, prlc. flpIII.n'l Iho norm.1 conlld".lIon lor Iho propally aold un.lIotl.d by Ipaci.1 01 Cfanlivo !lnanclno or ..I" conc...lon,' granled b, anrono .notl.lod wllh Iho ulo 'Adjullmanlllo Iho 'ompalablal mUll lIu modo 101lpoelal 01 cloalivo linanclnll or ulltl conn..lonl No ad,u,lmonll .,. nu....'y lor Ihol. co,11 which .,0 nOlm.lI, flald by 101I1t1l al . 'nlull 01 lradlllon or Ilw In . m'IIIoI alU, Ihalo cOlli .,0 fo.dll, Idontili.bla ,Inca Iho lallor p'rl IholG cOlli In ...iIlU.llr IU ulel lran..clionl. Bpltlll at crullvo IIn.neing Idlullmonll can bo mado 10 Iho comparablo plopon)' b, comparllonl 10 fln.nting 101m a olllled b, . Ihlld parly lnlll!Ullonll londur thaI II nol 11Ioad, Involved In Iho plOpellr 01 Illn..ellon, Any adlullmlnl Ihould nol bo t.lculaled on . mochlnlt.1 dollar 101 dollar cOil 01 Ihll llnantlng or conteulonl but Ih. dollar Imount 01 anr ad/ullmanl ,hould appro.lmal_ Iho ma,hl'l ro.tllan 10 Iho linancing or coneoulonl bllad on Iho appl.llar'lJudgmunl STATEMENT OF LIMITING CONDITIONS AND APPRAISER'S CERTIFICATION CONTINGENT AND LIMITING CONDITIONS: Tho eppr.II"', callilicllion Ihll appe.raln tho .pprallll rlpon Illubleclla Ih.,allowlng condlllonl: t. The appral"t will nol bo IOlponliblo 101 mallOIl 01 I 1001' nlllu,p Ihot allocl eUhor Iho PlopOtly bolng Ipplllaed Of Iho 111I, 10 II. The 'ppfllaal luumOI Ihal Ihe ullo II oood and melllolabl. Ind, IholOloll. will nol ronder ony oplnlonl Iboullholille. Tho plopell, II apprallod on Iha balll 01 II boing undor rOlponlible ownllrahlp. 2, Tho appIII"r hll provided I IlIulch In tho IIpprllullopolt 10 show appro.lmlll dimonllonl 01 thl Improvemlnll Ind Ihe Ihlth II Included onlr 10 .,,111 Iho roadar of Iho ropoll In ...1,uaUllng Ihe propolly Ind undolltanding Iho appraisel'l dalolmlnlUon of ill Il'a. 3, The Ipprallor hili o.omlnad Iho avall.ble flood mlpl Ih.1 110 provided by lho Foder.1 Emergency M.nlgemenl Aoone)' (or olhll d.la loureol' and h'l nolod In Ihe appralul "porl whelhor Ihl lubllCI 1110 fl loellod In In Idonllllod Spacl.1 Flood "auld Aro.. Doclusa Ihe apprallor II nol a ,ulveror, ho or Ihe mekol no Ou".nleol, o'p"" or Impllod, ,agarding Ihil dOlormln.lian. 4, Tho .ppralser will nol glvo IOlllmony or appalt In eoult baclutl ho or Ihe midi .n 'PPIIIIII 01 Iho property In quelllan, untl" Ipotllic arronoamonll to do 10 hlvD boon mode belorohand. 5, The Ipprellet hili olUmllad Iho ...aluo 01 Iho land In Ih. COil approach II III hlghelt .nd boll UIO .nd tho Improvementl II Iholr eonUlbulolY value, The lop"ale ....Iu.lionl 01 Ihe Ilnd .nd lmprovemenll mUll nol bo uud In conjunclion wllh IIn)' olhar apprallal end oro Invalid illhoy 11I0 ,a ulod 6. Th. ,ppllll8f hili nolod In Ihe .pprol..1 rapon In, .dvolaa condillon, Cluch II, needed tlp.III, deprecllUon, the prallnco 01 hlllrdou, wlltOI, lode ,ublllntOI, Olc,) oblotvod dUllng Iho InlpocUon 01 Iha aubloel plop.tly or Ihat ho Of Ihe becamo awaro 01 during Iho nOlmal 1010arch Involvod III perlormlng Ihe Ipprei..1. UnIon olhotwlla It.lod In Iho Ipplallal lupOll, tho appflilar hal no knowledgo 01 any hlddan or unapperonl condWon. 01 Iho propolly or .dvoue anvlronmonl.1 cond.Uonl Ilneluding Iha plaunco 01 hlllldau, WIII8I, lode lublllnte., ole.) th.1 would make 'hi ploperl; mOlo Of leu valuablo, and hn I..umed Ihat Iholo ere no luch condillonl .nd mlk.. no guaranleOI or WI"anliol, alplo" or Impllod, roglldmg Iha condllion 01 tho ploporly, The Ippralsor will nol ba letpOnllblD 101 any luth condillonl Ihol do 0.111 01 lor anr onglnooling or lOlling Ihal might bo roqulred 10 dilcovor whDlhar lueh cond.llonl .lllt, Docaulo Iho apPflllll1 II nol an e.port In tho Uald 01 onvlronmonlal hazard I, Iho Ipprll..1 raport mull not bo conlldolod al An onvlronmonlalUlDumonl of tho propelly. 7, The Ipprlllor oblalnod Iho Inlolm.llon, olUmalol, and opinion I that wore o.prouad In Ihe appralul ropolllrom 10Uteal Ih.1 ho Ot Iha conlldan 10 bo ,ollablo IlInd boUaval Ihom 10 bo Ilua and corrocl. The Ipprallor dODl not auumo losponslbllilY lor tho acculacy 01 luth Ilomllhal woro lulnllhod b, olhor PllltllOI. 8, The .ppral.., wJIl not dlltloso Iho tonlonll 01 Iho DPplal101 ropoll oltopl al p,ovldod lor In Iho Unilorm Slandardl 01 Ploluulonal Appraisal Pracllco. 9. The apprall.r hal bllod hll or hor appraisal ropoll and ...alu'lion conclullon lor an apJlI81.., Ihal I, lubjecl 10 laUllaclot)' complullon. lopoln, or nllal'll/onl on Ihu ouumptian Ihal complallon 01 Iho Improvemonll will bo pOllormad In a wOlllmanhko mannol 10. Tho .pprallor mull provldo hll or har pllor wlillan conlanl bololo Iho lendar/cllonl Ipocilled In tho .ppraiul roport cln d.llribulo Iho aflPloll.1 ropoll (Including conclullonl "boul Iho proparty ....,uo, Iho applallol" IdanUI; Ind PIQllIUlanal dOSlgnallonl, and 1010fOntol to anr proloulonal opprol,"' olganllallon' 01 Iha hrm wllh whlth Iho apprallor II auoci.lcd) 10 on)'one olhor Ihln Ihu botlowol; tho mOllgagoo 0' ill IUCCOUOII and ...Ionl; Iho mOllgage Inlulof; conlullanll; plolonlonal applalul organlZAtionl; nny Ilalo 0' lodolallr apptovad linanclnl lnllilullon; 01 ony doperlmonl, agoncy, or In,lrumonlnllly 01 Iho Unltad 9111101 01 any Ilalo 01 Ihe Olllllct 01 Columbia; olcopl Ihll Ihl londer/clionl mar dlllrlbula Iho propollr dOlerlpllon lutlion 01 Iha ropoll onlr 10 dala collecllon or IOporling 10r...lclI(l) wllhoul hIving to oblain 1M Ipprallol'l prlo' WIllian canlonl. Tho applalul'l wrlllon conllnl Ind .pprovl' mUll 1110 bo oblolnod bllloro Iho npprnlul can bo convarod by anrona 10 Iho public thlough IIdvollillng, public ,ollllonl, nowI, 10101, 01 olhllr modia fllddltM"formUG6.!l1 r.lgelol2 hnnitMnfoJm 100~B 6.g] . 'llfHo "-0124 kPPRAIBER'S CERTIFICATION: Th. Appr.luturlllloa and .gru'III., I. I h.v. '....fch.d Ih, ,ubJOCI m"~DI ".0 and h.vo IGloctot.! . minImum 01 It..,., r.c.nl ..I.. at plop.,ll" mOil ,Imll., and prollm.l. 10 Ih, IUbj'CI propotlr lot c:onlldtr.llon In Iha ul.1 comp.rllon .nll,111 and hn. m,d, I doll., .djullmlnl wh.n appropriate 10 toll.el Ih, mll~'t ,..cllon 10 Iho.. lI.m. 01 IlgnlllClnl Vltl.lIon, It . ,Ignllle.nl lIem In I comp.r.bl. pfopollr II .up.rlot 10, or more Inor.bl. Ih.n, Ih, lubJ.ct prop.rlr, I "IV. m.d, I n.g'lln ,dIUltm.nIIG "duel Ih. .dJusted ut.. prle. of Ih, comp".blo .nd, II . .lgnlllcanlll.m In a comp.flbl. prop"'r I. Inll,iol 10, or I... ',vollblo Ih,," lho ,ubjetl propollr. I hl\'o mado I po,llIve adJuUrn.nl to Incre... Iho .dlual.d ..loa JlIlc. ollhe comp.r.blo 2. I hn. I....n Inlo conaldoralion Ihe la"olS Ihal have an Impacl on valuo In m, dev.lopm.nl 01 Ih. .sllmll. 01 mar"'1 v.lu. In Ih. .ppr.ls.1 reporl- I hlv' nol IIno.lngl, wl1hhald .n, slgnlllclnl Inlorm.tlo" Itom Ihl .pptlla.1 raport .nd I b.llov., 10 Iho baa' 01 m, IInowlodgo. Ih.1 at' 11.lomonll and Inlormlllon In Ih. .ppr.lsII "pori ar. Iru. .ndCO".CI. 3. I .1.I.d In Ih. Ippr.lsal ropotl anI, m, own pOlSonal, unbl,"d. .nd prol."lonl' analy.la, opinions, .nd conclusion., YlIhlch ato subjOCI only 10 Iho conlingenl end Iimlling condlllona apaClfled in Ihls lorm. " I h.v. no pr.unl or ptlUp.CIIVl inlo",,1 In Ih. ploporly Ihal 'a Iho aubJocl 10 this ,opo,t, and I hn. no pr...nl or prolp.cUVI p"sonll Inl"'11 or bill wilh ,.spoct 10 tho p.t1lclp.nls In Ih. 1t'l'IlacUon. I did nol b'll, Iilh.r p"tI.lly or complolllly, my an.lyala andlor Ihll elUm.le 01 mar"'1 v.lu. In Ih. .ppral.., flpon on Ihl "ct, color, r.Uglon, "., hlndieep, lamlllll SllluI, or nallon.1 011gln 01 .Ilh.r Ih. prolp.cuv. own.rl or occup.nll ollh. subltel properly or ollho prannl ownol' or occupanll ollho propolllolln Iho vicinity of th.lub/act propony. 5. I h.vo no p"..nl or conlampllled lututa Inlolo.1 In Ihl aublect propeny, and n.Uhar my cu".nl or lulufI employmonl nor my compon..llon for perlormlng Ihls .pprallllls conlingonl on th. .ppr.ll.d \'Ilu. 01 Ih. prop.ny. S. I WII not raquired 10 flpon . pI.d.lormlnad valuo or direcUol'I In v.lu. Ih.1 laVOII Ih. c:.u.. 01 Ih. cll.nl or .n, r.I'lad pllly, Ih. amounl 01 Iho valu. .l1lmalo, Ih. aUalnmanl of . Iptellic r"ulI, 01 Ih. oec:u".nco 01 a sUb..qu.nl .Ylnl In ordor 10 reCelvo m, compenution .nd!or .mploymonl lor p.rlo,mlng Ih. .ppra'"1. I did nol b.l. Ih. .pp"lul reporl on a .oqua"od minImum \/,Iulhon, a Ipaclhc \/,Iu'llon, Ot tho no.d 10 .pprovo a Ipoeilic mortg.g. lOIn. 7. I p.rlormod Ihl. .ppralul In conformlly wllh Iho Unilorm 81.ndlld. 01 Prol...lonll Appral..1 P'lcll" Ihll WII. adopled and promulgaled b~ tho Appraisal 81.ndllds Board 01 Th. Apprallll Foundallon and Ih.1 w"o In pl." .. 0' Ih. olleellv. date 0' Ihls apPIII..I, wllh Iho .."pllon 01 Iho depanur. provlllon 01 Iholl SI.ndlld., which do.. nol .ppl)'. I acknowl.dge Ihal an .lllm.lo 01 a ,.ason.blo limo 'or ..poluro In Ih. opon mllllel II a condillon In Ih. d.lIn/tlon of marktl \/aluo and Iho olUmalo I devoloped .s conalllonl wllh lh. mark.llng 11m. noled In th. nalghborhood ..clion ollhl. loporl, union I hn. olh.twll. Ilalod In Iho r.conc:iIl'llon ..cllon. 8. I h.vo porlonllly In,pocl.d Ih. Inlorlor .nd IIlorlor arOIl ollho lubloCl propotly Ind Ih. ..I.rlor 0' all prop'UIDI ""ad a. comp"ablu In Iho appralnl ropotl. 1 lurlher corllly Ih.1 I hlVI nolod .n, .ppa"n' or known adver.. cOndilJon. In Iho aub/ocl Improl/amOnll, on Iho lubloCI .It., or on any ,II. wllhln Ih. Imm.dlal. yfclnll~ 01 Ih_ lublllCI properly 01 which I .m ...ro Ind hll/e mada .djuslmenta lor tho.. .dv"s. condillons In my an",111 01 Ih. prope"y value 10 Iho olllnl th.t I had mar"ol ovldanco 10 suppotl Ihom. 1 hno .'10 comm'nlad aboul Ih. e!locl of Iho .dva"o condlliona on Iho merhllblhly ollho subltcl propotly. 9. 1 penonally proparod 1111 conclullona and oplnlonl aboul Iho ,..1 ellalo Ihlt we,. ..I 'otlh In Ih. app"lul r.porl. If I roliod on slgnllieanl prolonlonal anl"lnco ham .n~ Individual or Indlyfdu.11 In Ih. pllformlnc. 01 lh. apprallll or Iho proparallon ollho .pprai,,1 roport, I havo nomad such Indiv!du.l(sl .nd diacloud Ih. apllcllia IlIk, porlormod by thom In Iho raconclhlllion ucllon 01 Ihls .pp"t.., r.porl. 1 conUy Ihal .ny Individual so named Is qu.hllld 10 p.rlorm Ih. lash. 1 h.vo nol aulhorllod Anyono 10 mlk. a chlngo 10 .ny lIem In Iho ,.port; Ihar.'o,o, II an Unaulhorlrod ch.ng.ls madolo Iho approl.al ropon, I will tnko no rDlponllbllilY lor II. SUPERVISOR Y APP RAISER'S CERTIFICA TJON:II Iluporvl.ory applllurr slgnod Ih, .ppttl..1 '.po'I, h. or sho CDtlilIes .nd.grooa th.t: I dlrDclly lupotvl.. Iho "PP18110r who proparod Iho .ppralsal roporl, hno rel/lawld Iho .pprel..1 roporl, .grea .Ilh Iho "alomonls end conclUllonl ollho IIppr.llor, agloo 10 be bound by Ihl appral.or" c:e"lIleatlonl numb,r.d 4 Ihrough 7 .bovo, and am 11I..lng lull ,oaponllbllily lor lho IIppraiaal "nd Iho .ppral..1 rDporl. ADDRESS OF PROPERTY APPRAISED: .~7_!l.~l>Y.!h~rQ._!,~!-.!. APPRAISER: SUPERVI~RAISE~,.qUI"dl' S10noM'" ::> ""--- ---./ (2- 'ii- '"m. .__~!~~.!L.H...!-~~'!!'~~r8RP~ OII.Slgn'd. Aug1;!lIt 2~.1 15IU Sill' Cttlllluhon I; G~"OQ0298-L 0' SIII,llcense I: ~_"O.26921-A SIIII' PA .~~nOI.'1.=---~= (.pl/lliOn oil; 01 ee,U!iClllon or Uun..: _GJ'JJU17_. [xlold DVid 1I01lnlPltl Prop.,fy Slgnllu": ./2.,/.~~ IIIml: DtAl"7ifi.L 011. 6Ign.d;- .~Aij9~~~_-~~t~j~!~~~__~. .. .~~_._~ SIIl,Cttlllltlllonl: RL-Q01519-L or &l11.llt,n" I; __~_-=--==~-.:=-=-~==-~~=~== lUIII: PA ('Pi,"ui"o.lf~oTCiil'hiliiOnor llunl; rr'ddl' Mu FOlm "]0 &.9] J'loe2ol2 Fanni, 1.4" fo,m 10040 &.9] ktt.w ~''ttllollll'I' 1"'1111 lilt ",~:~~!;~~~! ", ,~ -:~,'j; <'"> '"', 1 ~