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HomeMy WebLinkAbout80-00313 ~ ~ ~ .. ~ III ., ~ ~. ~ :xl [J] .~ " [J] .; . 0 .!;! Eo! ~ , ~ . .....i , ~ .~ .~ , ~ 8 t) , ~ ~ [J] w- (; . . o. Z ~ '\<R lD ~ J / 2(80 ata No. PETITION FOR PROBATE OF WILL AND LEnERS TESTAMENTARY in the Estate of J.W. NBHF I deceased, ~l'<2t::m~~>Att~ary C. Lewis To ' Register of Wills for the County of Cumberland, in the Commonwealth of Pennsylvania. IS Petitioner(~ :/aOe( the execut.or named in the Last Will and Testoment of J.loJ.NEHF dated Rpptp"""',. 17, 1973 Decedent was a citizen of the United States and a resident of Township ~, Cumberland County, Commonwealth Southanpton of Pennsylvania. Decedent died on Wednesday the 2nd A D. 19 80 , in the County of -rL1l4-h \ , .... __p( VI ,^"7<{( v """^ \ /Ie at the age of 77 years. ( :bas' Joasc :bar Decedent has not been married and has not had children born to him since the execution of the above described Will. Decedent was possessed of personal property to the value of $ 1.000.00 and of real estate to the value of day of APril State of 45.000.00 estate situated as follows as near as can be ascertained; said real Southam:>ton TCMI1ship. CUITberland COuntv. pennsylvania ~ Therefore, your petitioner(s) respectfully applies for the probate of the said Last Will and Testament and for Letters Testamentary thereon. Dated April 14. 1980 Name and address of Petitioner(s) {fL;-a-.- ztj;/JIe~" 7&.1/ ~ar loJilliam Nehf / 8940 Pineville Road Shippensburg, PA 17257 COMMONWEALTH OF PENNSYLVANIA ~ ss COUNTY OF CUMBERLAND EIl.~ loJilliam Nehf named in above application, being duly ""Tn""" according to low soy(s) that the statements set forth in this petition are true to the best of his knowledge and belief, ~__. Z//A'tt/ArlJ- ;7C~ William Nehf / and subscribed before me April 14 19 80 ';!~egister ~ilx>l!bEeiiW;y'x~ Filed; ....I,-,);,:j -...:3/.3 Attorney: M::CREA & DAVIS ~ ~: West King st. 0--0 Shippensburg, PA 17257 ("4'0 LAST WILL AND TESTAMENT I, J. w. Nchf, a rcsidcnt of thc Township of Southampton, County of Cumberland and Commonwealth of Pennsylvania, being of sound mind and memory, do make, puhlish and declare this to be my Last Will and Testament, hereby revoking any and all Wills hy me heretofore made. r-IRST: I hereby direct my Executor, hereinafter named, to pay all my just debts and funeral expenses as may conveniently be done after my decease. SECOND: I hereby direct my Executor, hereinafter named, to convert into cash all my personal property not in joint names, the same to become part of thr residue of my estate. THIRD: I give,devise and bequeath all my estate, be it real, personal or mixed, to my son, Edgar William Nehf, IN TRUST NEVERTHELESS, to pay the income therefrom to my wife, Kathryn Nehf, as long as she lives, and at the deathof my wife, Kathryn Nehf, the principal of said trust to be divided equally among my children or their heirs. FOURTH: I hereby nominate, constitute and appoint my son, Edgar William Nehf, to be the Executor of this my Last Will and Testament, and direct that the employ a member of the Law Firm of McCrea & McCrea to assist in the settling of my estate. IN WITNESS WHEREOF, I hereunto set my hand and seal to this my Last Will and Testament, written on one sheet of paper, dated this /'1")). day of September, 1973. '/ -;y.. - ~;;?:IJ;/C;/': / (SEAL) MCCREA & MCCREA ATTORNEYS AT LAW NtWYlt,L[ , SHIPPtlt58URa PtNHA, This instrument was by the Testator, ,T. W. Nehf, on the dat hereof, signed, published and declared by him to be his Last Will and Testament, in our presence, who at his request and in his presence and in the presence of each other, we believing him to be of sound and disposinp mind and memory, have hereunto subscribed our names as witnesses. /lM/ //,1 to k",< ,/ / ii,,, j (i ,) , 'c',' " " !, t",3 OATH OF SUBSCRIBING WITNt::SS COMMONwr~ALTH OF PENNSYLVANIA 1 ss: COUNTY OF CUMBERLAND I This............................./.iy/)............. ................... day of .....................001;:\.1.............................. ... A.D., IH..~.Q..., ~lrj(~~I':lId:i:Dg t-'.aJ:Y C. Lewis before me ~Register 1'01' the Probate of Wills IInd granting lelters of Administration in and 1'01' said County of Cumberland, in the Commonwealth of Pennsylvania, personally clime .............. ,......,.. ,.. .......,. ...,.. ,..... ............ ...~.~.~9..~.~. .~~?~~~.. !.~'4.~~~)........... .9.nr,...9.t...... ..... ................ .... ...... ..... ....,. the subscribing witnesses to the foregoing instrument of writing purporting to be the last Will and Testament of ......... ...ir.....W.... .~~L...... .............................................. ...... ........ Dated . ..~.~.I?~::.. .~~.~.. ~?? ~... late of ...........~~~~~~.~.i'ih~l?.......................................................... Cumberland County Pa., deceased who being duly ......~m........................... according to law, depose and say, that ........~):1.7..~~................... present, and saw and heard the testa..Ql:.........................., .............;r.,..W.....N~t........................................... sign, seal, publish, pronounce and declare the said instrument of writing as and 1'01' h..:i..!?........... Testament and Last Will, and at the time of so doing ..................l:\~...........................was of sound and disposing mind memory and understanding, to the best of .............h~.;-...........................knowledge, observation and belief. ................~~..................... and subscribed before . , ,J:' . .' l' \ . .' / , l... 1 ~. .' " ' .,' I' '. ,'," . ..............."....10 0'..........;..... .1...I,,',.,;,l.. ... L,.,i,. \~... ,1(,... toY."'~ .~..... Mildred C. Russell (Davison) ...,.."...,.....,...............,...,......,.,',..,..........."....,..........,. qj. ~.,. / / ;) '- .:::.!21t:c#..{:~':.:., . 1.'.ff.:~-5.::/........................ ~ glster ~~~ Mary c. Lewis .,.....,..............,...,...........,........................................... AFFIDAVIT OF DEATH COMMONWEALTH OF PENNSYLVANIA 1 ss: COUNTY OF CUMBERLAND I ,...,.......,......................................~gg..1:!t~~J.i?!!1.r.~t......................................................................,.being duly ......,......fMR.m.......................... says that as nearly as can be ascertained the said decedent .......................... ..................... :!.:.. !1.~. .~~!............................................................................................................................d ied on .........W~~R~Y...................... the ............?:!~..............day of .......~~~~.................................... A.D., 19..~.~.., at or about .......................................... o'clock. ....M. .............~~..............................and subscribed this ...................t1.!;.h.................... day of ....!.:I?7".~.~.......... 19, .~.9...., before .............&..{ea.~...t.?!..d?<b=(#!i ~r \~illiam Nehf /'" ,oz.... " [.;. ~/ , L../ / Ii ~. ..A..._-, ..' /1./ ./ __ .' .' . . (-r "<(~;._./ ,..... ,./../. [,; ~:;/..... .~:.... ...:. .t..;................................... ~ Reg1ster $lmld:~>;!!bI:.mI'II'll\l::tiDg Nary C. Lewis OATH OF PERSONAL REPRESENTATIVE COMMONWl~ALTH OF' P8NNSYLVANIA } COUNTY OF' CUMIJImLAND SS: Before me, the ReJ.lister lhl' the PI'obate of' Wills and J.l1'llntinJ.l of' Letters of' Administl'Ulion in and for the County of Cumberland, personally came ...........l!4g~.l:..l'?gHa.t:\..N~.L.................................................... who. being duly .......~m............, do .liW...... depose and say that as.........);:~,,)!!;Q);....................................... of the last Will and Testament of' ............:r.,..!1.,..r~L.........................................................................deceased .......,..........h!l... will well and truly administer the J.loods and chattels, rights and credits of said deceased according to law. And also will diligently comply with the provisions of the law relating to Tmnsfer Inheritances, ........~.ID........... and subscribed before me. .............IlP;t;";i,.;J............J~................. A. D., 19...aU..... .g;'l2/.ud,...e.:.~~~.......................... ~, RegIster ~~h&x*~~ Mary c. Lewis ..........~iif;i;~2.~ ...........,.........,...".."""..",.....,..,.,......,."....,...,............ :.0 0: \ :Q) :"' roo :<1l a> :~ ,.-If I :Q) I :P I i \ LL. fY1: OJ: 0 ~.. : "" . I ~[ I <'1: -1 ~ ~i 0 .....: "': 0 (j\~ ~ <'1; ....I o:l \ C"j I .. :::: ;,,: 0: - :;:: .~ .: ro: roo S .. ::: u: I ,..,: 8; ~: I .....: Q Ol: 0 N~ '" i 00 0 Q) C'1: I I '" ""': Z .... ~l I I - 0 M u ~ ~ S Q) 'i ~ '" bll "' Q <1l - .~ r.:< <1l ~ r<< DECREE Be it remembered that on the ........~.~!:......... day of ..............1'!.ei..........................., A. D., 19~Q....., there was probated and recorded the last Will and Testament of .........~:..:~:..~~.~................................................. late of ..........SI;l)),tbim{lj;Qn..~..........................., Cumberland County. Pennsylvania. Deceased. Letters Testarrentary Edgar william Nehf ............,.....:.................................... were b'l'anted to ..........................................................................................., Witness my hand and official seal the day and year aforesaid. ;16 - '. // 7 ~"" J .........~...~.~'~:;Cg.i.~~.~: xNarold>ll:.x~~x~x ~~ary , c., Lewis I I \ 1 I I I I i \ \ , I I i I , I j , < IN RE: ESTATE AND TESTAMENTARY TRUST, J. W. NEHF (aka JOSEPH W. NEHF and J. WILLIAM NEHF) IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA Orphan's court Division No. 21-80-313 PETITION UNDER SECTION 711(2) ~ SECTION 7133 OF THE PROB~TE, EST~TES ~ FIDUCIARIES CODE FOR ORDER OP COURT ~PPROVING ~ DIRECTING SALE OP REAL PROPERTY TO THE HONORABLE JUDGES OF SAID COURT: EDGAR W. NEHF, Executor and Testamentary Trustee of the late J. W. NERF (aka JOSEPR W. NERF and J. WILLIAM NERF) respectfully represents that: 1. J. W. Nehf died on April 2, 1980. 2. EDGAR W. NEHF, (hereinafter referred to as "petitioner") is Executor of the Estate of his late father by virtue of Letters Testamentary, a copy of which is attached hereto and marked Exhibit 1. 3. Petitioner is Testamentary Trustee pursuant to the will of the late J. W. NEHF, a copy of which is attached hereto and marked Exhibit 2. 4. Pursuant to a Family settlement Agreement dated September 29, 1980, a copy of which is attached and marked Exhibit 3, petitioner as Testamentary Trustee has retained assets in kind, including certain real property hereinafter more specifically mentioned and described. 5. The basis for jurisdiction of your Honorable Court is 2 I I I , I , i , I I i , j I I I I I < section 711(2) of the Probate Estate & Fiduciaries Code as this is a matter pertaininq to the exercise of power of sale by a Testamentary Trustee. 6. EDGAR W. NEHF, as Trustee, holds certain unimproved real estate situated in the Township of Southampton, Cumberland county, Pennsylvania. A copy of the Deed dated April 16, 1975 and recorded in Cumberland County, Pennsylvania Deed Book "B", Vol. 26, Page 23. Attached is a copy of that deed marked Exhibit 4. This real estate is hereinafter referred to as the "PROPERTY". 7. The Property is vacant mountain land. s. That there are attached to this Petition as Exhibits 5 and 6, two appraisals of the property by licensed and certified appraisers, the average of which is $23,350.00. 9. That KATHRYN M. NEHF, widow of J. W. NEHF and lifetime beneficiary of the trust, has voluntarily and permanently moved from her home to a nursing home and it is necessary and prudent to render the Trust Estate liquid by sale of the PROPERTY. 10. That all of the parties in interest in the Truest are KATHRYN M. NEHF, widow and life income beneficiary and the children of J. W. NEHF: EDGAR W. NEHF, M. GRACE DELANCY, CHARLES E. L. NEHF, VIRGINIA P. BREON, MARY ANN BITTINGER, KENNETH E. NEHFr VIVIAN C. NEGLEY, and SARAH I. MYERS, all of whom are sui juris and all of whom consent to and join in this petition via written consents, copies of which are attached hereto and marked Exhibit 5-1 through 5-9. 11. petitioner has entered into an Agreement for the private , . sale of the real estate (herein "the Agreement"), a copy of which is attached hereto and marked Exhibit 7. 12. The purchasers in the Agreement are EDGAR W. NEHF and WILLIAM L. NEHF, the petitioner and his son. 13. There is no likelihood that KATHRYN M. NEHF will ever be able to return to her home. 14. The anticipated net proceeds from the sale of the PROPERTY pursuant to the Agreement is $23,133.25. See copy of computation attached hereto and marked Exhibit B. 15. There is no broker or realtor involved in the proposed sale and the proposed sale will net the trust a greater sum than would a pUblic sale or a sale through a real estate broker. 15. It is in the best interest of the Trust to sell the real estate and for such sale to be pursuant to the attached Agreement to EDGAR W. NEHF and WILLIAM L. NEHF. 17. It is necessary, desirable and advisable for the proper administration of the affairs of the Estate and Testamentary Trust of J. W. Nehf (and required by the terms of the Agreement and by Section 7133 of the PEF Code incorporating section 1356 of the PEF Code) for this sale to be approved by your Honorable Court and have the effect of jUdicial sale. WHEREFORE, PETITIONER prays for an Order approving and directing the private sale of the Trust real estate of KATHRYN M. NEHF pursuant to the terms of the Agreement and for the excuse of Petitioner from filing or posting any bond or security and for such 4 (a true copy whereof is to these p,'esents annexed), having whilst .I!Il. . . . lived at the time of ~I.x.fi death divers goods and chattels, rights and credits within the Commonwealth, by ,'eason whereof the approbation and insinuation of the said Last Will and Testament, and the committing the Administration of all and singula,', the goods and chattels, rights and' c,'edits, which were of the said deeeased, also the Auditing the Accounts, and Calcu- lation and Reckoning of the said Administration to me are manifestly known to belong, And that Administration of all and singular, the goods and chattels, rights and credits of the said deceased, and way eonccming .~~~.. Last Will and Testament, was committed to . ~.G.A~. ':I~~~.I.P:"!. !;l~!Ir.. . . .. .... .. .. . .. .. . .. .. . .. .. .. in the said Testament named . ~?<:Equ~,?~. . . . . . . . . . . . . . . . . .. .. . . . . . .. . . . .. . . . . . . . . having fil~t been duly qualified well ami t",ll' to administer the goods and chattels, right and c,'edits of the deceased, i 1 and make a t1'ue and pel'fectlnventory the,'eof, and exhibit the same into the Register's office, in the borough of Carlisle, within thirty days fl'Om this date, and also ftle a just and \. lI"e account, calculation and reckoning of ..... .H~~ . . . . .. administration when lawfully I required, and diligently and faithfully to regard, and well and truly comply with the pro- I \ , I \ ,. I I i \ \ \ \ ,\ , j . \ , \ i r \ ! i 'i \ ~, , . Ii i\ \ I \1 LETTERS TESTAMENTARY COMMONWEALTH OF PENNSYLVANIA) 89: COUNTY OF CUMBERLAND \ . IIY TilE n:NOII OF TIIEHE PIIEHENTH Mary c. Lewis 11:.:1 . I r . I - J. ........,,,...,,,..,..,....................,,,............,"''',...,......,",............., Eiq., RC!gisler (or the Probate of Will, and Granting Letters of Adminlltration in and for the County of Cumberland, in the Commonwr.alth of Pennaylvlnil, rlo make known unto ,II men tha' on the .......,....."....~,r..lJ,.."..,,,..,,..,,.....,, dll1 May 80 of ....,..,..................,................................,...., 19......... at Carlisle, before me. was proved, appeared and Insinuated, THE LAST WILL AND TESTAMENT OF ..~ '. .W:. ~E.~.... L!I:r~. .cl~............,..,.,............,......................, . .5.0UT~P:r.~~ . :~~~.~~~ ~ . ~~!'I.~~~~~. .c:~~t:l'!'Y.., . .~fi~~~.~,\~;i;\,. ., DECEASED. visions of the law relating to Collateral and Direct InhcI'itances. Decedent died on the .. . . .2~ . . . . clay of . . . . . . ~~.R.I.~ . . ., . . . .. 19~O. . .. according to affidavit properly filed. In Testimony Whereof, I have hereunto set my haml ancl caused the seal of said office to he hereunto affixed, dated at Carlisle aforesaid, the............. ?:rfl................. day of . . . . . . . . . . . . ~~!i. . . . . . . .. . . . . . . .. . . . . .. in the year of our Lord One Thousand Nine Hundred and EIGHTY ~ 6:';" ...................... : .J .................... . ~~~e.~~~;'".:.1i:g~~~...... per ...... ~rr' . Deputy Register EXHIBIT "1" \;.,.........~ . '. .._____-J.. -~._~ . - ~ II t \ , \ \ ! \ ! , I \J t l \ , \ .\ r I , 1 I I I I I , . . .Q~\n(j:~i..." I ! i I ~ I I I , 'I~*:~;'.r J I I ! AtA'lo4cCAC,f. IOI......U.. :'1' ..,"UU~.. '11", LAq WILL . .11 ".'" .,_,~,(......,.......','~i-:;:,.\;~'~~!':';j rr'",-J.,-:,'3'" fl..\!'..~, ," ~., ,_, .f'..'''I~' '~..iJ~~~/}""" ~,.q,!W'1 f.'f. ~.l....'_..... ,".~r " ~ ul ___..'........ "_ ANIl Tl'1;_TMII~. I I I J, J. W. Nehr, 11 rC5idcnt of the Tnwnshlr of Southampton, Count.y of Cumhcrlnntl nnd c.ommonwcnlth of Pennsylvania, beinr. of sound mind and memory, do mnke, pul1lisll an,1 (leclBre this to be my Lu t Wlll and To stamen t, hereby rcvokl n~ any and all Will 5 by RO horototoro mado. .., 'IRST, I hereby direct my Executor, hereinafter named, to ~1i'C'~"'1 ~:,;,:u""."~. pay all my just debts and funeral expenses as may conveniently bo dona atter my decease, SECOND: I hereby direct my Executor, Ilcreinaftcr namedt to convert into ca,h all my per~onal property not in joint names, the same to become pnrt of thr residue or my estate. THIRD: I give,dovlse and bequeath all my estate, bo it I roal, personal or mixed, to my son, rd~nr William Nehr, IN TRUST NEVERTHELESS, to pay the income therefrom to my wife, Kathryn Noht, a. long a. she live., and at the death of my wife, Kathryn Nohl, tho principal of said trust to be divided equally among ','&..!.MMr.l1>:,9.~. ,~~olr. hei rs, FOURTIl: r hereby nominate, constitute nnd appoint my son, Edgar William Nehf, to be the Executor of this my Last Will and Testa.ent, and, direct that the employ a member of the Law firm of McCrea & McCrea to assist il\ the eettling of my estate. IN WITNESS MIEREOF, I herounto set my hand and seal to this my La.t Will and Tostament, written on one sheet of paper, datod this 1'1';" day of September, 19B, N/ ?,' ,:" ,/ (SEAL) JI .;; This instrument WAS bv the Testator, ,T. W. Nehr, on the dat hereof, si~ned, published and declared 11Y him to be his Last . Will and Testament, in our presence. who at his reqtlcst and in his ~rcsence Bnd in the presence of each other, we belicvin~ him to be of sound and disposinr mind and memory, hAve hereunto subscribed our names as witnesses. . 1/" 1/ ' if';,..... ,{/' .' / i,','" / I : I J r ,.,1 EXHIBIT "2" , '. . . FAMILY SETTLEMENT AGREEMENT MADE AND ENTERED into this .2.fiL day of and between EDGAR W. NEHF, Executor of the , 1980, by J. W. NEHF (also known as Joseph W. Nehf, and/or J. William Nehf) and Testamentary Trustee and EDGAR W. NEHF, individually, and KATHRYN M. NEHF, widow, and M. GRACE DELANCY, and CHARLES E. L. NEHF, and VIRGINIA P. BREON, and MARY ANNE BITTINGER, and KENNETH E. NEHF, and VIVIAN C. NEGLEY, and SARAH I. MYERS. WITNESSETH: WHEREAS, J. W. Nehf died on April 2, 1980, having first made and pub- lished his Last Will and Testament dated September 17, 1973, in which he named Edgar William Nehf, Executor. A true and correct copy of said Will is attached hereto and made a part hereof and marked "Exhibit A"; and WHEREAS, on May 9, 1980, aaid Will was duly probated by the Register of Wills of Cumberland County, Pennsylvania, and Letters Testamentary were granted thereon to Edgar William Nehf as Executor; and WHEREAS, the parties hereto, being the widow and all of the children of the said J, W. Nehf, are all of the parties of interest in the.said Estate and all of the beneficiaries under the said Will; and WHEREAS, the Executor has prepared an inventory of the assets of the Estate of the said J. W. Nehf, a copy of which is attached hereto and made a part hereof and marked as "Exhibit B", and WJiEREAS, the parties hereto desire to avoid the liquidation of the assets of the said J. W. Nehf and desire to provide for the payment of the debts, taxes and costs of said Estate and to provide for the administration of the Trust created by ITEM III of the Will of the said J. W. Nehf; and Exhibit "3" '. ~IEREAS, the parties hereto desire thht the Executor shall not be required to file an account with the Orphans' Court of Cumberland County and that the assets of the Estate of the decedent shall be distributed to the said Edgar W. Nehf as Trustee without the necessity of filing a formal account. NOW, THEREFORE, the parties hereto, intending to be legslly bound hereby mutually agree as follows: 1. The parties hereto and each of them agree and acknowledge that they have fully and carefully examined the inventory of the Estate of J. W. Nehf prepared by Edgar W. Nehf, Executor, and find it to be true and correct and acceptable to the parties hereto and each of them. 2. The parties hereto and each of them agree and acknowledge that they have fully and carefully examined this Agreement and that each of them has received a copy of this Agreement and of the attachments hereto. 3. The parties hereto do hereby agree and consent that the said Edgar W. Nehf as Executor and Trustee shall retain ownership of the real estate assets of the Estate of the said J. W. Nehf for so long as he shall in his discretion deem the retention of said ownership desirable for the administration of the Estate of the said J. W. Nehf. Any sale of said real estate shall be for not less than the fair market value at the time of sale. 4, It is further agreed and conaented that the residential resl estste (scquired by Deed recorded in the Office of the Recorder of Deeds in and for Cumberland County, Pennsylvania, in Deed Book "Q", Volume 11, Page 141) be occupied by Kathryn M. Nehf until her death or until she no longer desires to occupy the same. This right of occupancy shall be personal to the said - 2 - " '. Kathryn M, Nehf and shall not be assignable by her nor shall she sublet the premises nor allow any other person other than a party hereto into posses- sion of the said premises. This right of occupancy shall be without the obligation for the payment of any rent but the aaid Kathryn M. Nehf shall be responsible for the payment of real estate taxes, insurance and utilities for said premises. The remaining parties hereto through Edgar W. Nehf as Trustee shall be responsible for the maintenance and upkeep and repair of the said premises. Kathryn M. Nehf by her execution hereof specifically agrees to the provisions hereof in substitution for and in lieu of any rights which she has to income as provided in ITEM III of the aforementioned Will. If the said Kathryn M. Nehf terminates her occupancy of the residential real estate or if this agreement is terminated by authority of the said Edgar W. Nehf (as provided in paragraphs 3 and 6 hereof) then, in either of those events, the rights to income of the said Kathryn M. Nehf under ITEM III of the afore- mentioned Will shall be reinstated. 5. The mountain land situate in Southampton Township, Cumberland County, consisting of approximately 15.660 acres (the title acquired by Deed recorded in Cumberland County Office of the Recorder of Deeds in Deed Book "B", Volume 26, Page 23) shall be held for the mutual use and enjoyment of all of the individual parties hereto who shall have equal and undivided rights to the occupancy, use and enjoyment of the said mountain land. The parties agree that none of them without the consent of the others shall injure or destroy the said mountain land or the timber thereon except that the parties hereto may gather firewood for their own personal use thereon. 6. The parties hereto other than Kathryn M. Nehf do hereby agree that they and each of them individually will contribute such sums of money on a - 3 - " pro rata basis as are necessary to carry out the intents and purposes of this Agreement. Such sums shall include but shall not be limited to sums necessary to pay Pennsylvania Inheritance Tax, costs of the administration, real estate taxes on mountain land and any other sums of money reasonably necessary and desirable for the proper administration of the parcels of real estate herein provided for and to carry out the intents and purposes of this Agreement. The parties hereto other than Kathryn M. Nehf do agree that requests for contribu- tion of necessary moneys shall be made in writing by regular mail to their last known address by the said Edgar W. Nehf and shall fully set forth the need therefor. The parties agree that they shall make the necessary contribu- tions to the said Edgar W. Nehf within thirty (30) days of the receipt by them of the written request. The failure of any party hereto to make the necessary contribution within the said time period shall constitute cause for the said Edgar W. Nehf to terminate this Agreement in full and to proceed to liquidate the parcels of real estate herein discussed. Except in case of emergency Edgar W. Nehf as Trustee shall make no expenditures for or do or cause to be done no major repairs or renovations to the said residential real estate (major shall mean having a cost of more than $800.00 in any calendar year) without notice to all and consent from a majority of the parties hereto. 7. The Account and Schedule of Distribution attached hereto and made a part hereof and marked as "Exhibit C" (providing for distribution of the real estate to the said Edgar W. Nehf as Trustee) is hereby approved as fully as if the same had been filed in the Orphans' Court of Cumberland County and con- firmed therein. 8. This instrument is a Family Settlement Agreement by and among the parties hereto, both fiduciary and individual, all of the same having been - 4 - .' 1 j I 1 ! I 1 I I , ! 1 1 \ I j i { \.' I~ , ' .' 1! ,I. , . . .. , . . - ,'. - . . ',. 7,. ",,- . \ ." "." .' ,,'~ , " , . . I (l _ " "."I~~~. ~)." '!,.,~~.,;_. I . ' ,'.... ,'.' . ; I:' '.... ..~~" \ ,..).- '~~I .' , " , , ' II, . .. ~)...~~., ,,:~. )\~ , . .... , ~ i ;t,:~;:t: ..... ....' "{ :If-' ,. .' ',- r IIA I IOClr... '"'111''''' ~C . ............ '1..... \".:'. LA~T WILL AND TESTAMENT I, J, 11', NeM, a resident of the Township of Southampton, Coun~y of Cumberland and Commonwealth of Pennsylvania, bein~ of sDund mind and memory, do mnke, puhlish and declnre this to he my Laat lI'ill and Testament, hereby revokin~ any and all Wills by \ me heretofore made. .;,'- ~&t.-~I J ,hereby direct my Executor, hereinafter nued, to pay all my Just dehts and funernl expenses as may conveniently be done Ifter my decease. SBCOND: I hereby direct my Executor. hereinafter nlmed, to :t. ~onvort into ca.h all my personal property not in Joint names, tho 'lae tD become part of thr residue of my estate, THIRD: I give,devise and bequeath all my estate, be it real, peraonal or mixed, to my son. Ed~ar William Nehf, IN TRUST NEVBRTHBLBSS, to pay the income therefrom to my wife. Kathryn .Nohf, IS long as .he lives, and at the deathof my wife, Kathryn Nohl,"the principal of said trust to be divided equally among ".j <..1 .., ". .~q~,,\.thOir heirs. POURTH: I hereby nominate, constitute and appoint my son, . Bd.arll111hm Nehf, to be the Executor of this my Last Will and Testa.ent, and direct that the employ a member of the Law Firm of McCrea' McCrea to assist in the oettlin~ of my estate, IN WITNBSS WHEREOF, I hereunto set my hand and seal to thi. my La.t Will and Testament, written dated thia /'1'2. day of September, 1973. on one sheet of paper. I I I I (SEAL) I I _ This in.trument was hv the Testator, .T, W, Nehf, on the dat~ hereof, signed, published and declared hy him to be his Last . Will and Teat"ment, in our presence, who at his request and in . his pre.ence and in the presence of each other. we believin~ him to be of sound and disposinr mind and memorv, have hereunto subacribed our names as witnesses, :.l "';," //1 ". '(;,' ;/' I .1' .,. EXnIDIT "N' I I 1 , 1 I I 1 ~I~ ". L IY1 t ~ III.IT.-W.".nl, lMol. 8kori ""Ill, Acl Dr nOt. 81.,1. 1Iu-, U.M, lion, ",r.. I"dlln., l'&. . . ' t!tbi~ lleeb, .; MADE THE 16th of our Lord on. thouland nln. hundr.d doyof April and seventy-five (1975) In thl y.or BElWEEN J, W. NEltF (a;1k/a Ilillhm No~f) and KATHRYN M, NEHF, his wife, DESSIE E, KUNKLEMAN, single Woman. of Southampton Township, Cumberland County, Pa., parties of tho first part as GronlO,!!, ond J, W. NEltF of the Township of Southampton. County of Cumborland and Commonwealth of Pennsylvania, party of the second part AS Grant.. WITNESSETH, Ihalln conlld.rollon of One $1.00) ----------------------------- __________________________________________________________..Dollan. In hand paid, th, rectlpt whlrlof it hlr,bv acknowledgod, thl laid Otonlor S do her.by orant and con....y to ,h. laid gronl" , ALL that certain tract of land situate in the Township of Southampton, County of Cumberland and Commonwealth of pennsylvania, bounded and described .s follows, to-wit. BEGINNING at sn iron pin in line of land of Leone Scott at corner of land this day conveyed to Dessie E. Kunkleman (part of this same tract); thence by Scott land South thirty- eight (38) degrees fifteen (15) minutes fifty (50) seconds East four hundred eleven and thirty-three hundredths (411.33) feet to an iron pin at stones at land of Donald E, Laidig; thence by Laidig land South forty-eight (48) degrees forty (40) minutes West seventeen hundred eighty-three and sixty-two huddredths (1783.62) feet to an iron pin at stones at land of John W, Helm; thence by Helm land North nineteen (19) degrees twenty-six (26) minutes West four hundred fifteen (415) feet to an iron pin at land this day conveyed to Oessie E. Kunkleman: thence by Kunkleman land North forty-seven (47) degrees forty-siX (46) minutes thirty (30) seconds East sixteen hundred fifty-one and five hundredths (1651.05) feet to an iron pin, the place of BEGINNING. Containing 15.660 acres, per survey of Thomas Neff, R. S., dated March 7,'1975. BEING a part of the same tract which J. J. Railing, Executor of the Last Will and Testament of Cyrus D. Railing, by his deed dated the 2nd day of December, 1939 and recorded in the office for the recording of deeds in and for the County of Cumberland in Deed Book "0", Vol. 12, Page 5, conveyed to Bruce Kunkleman and DeGsie Kunkleman his wife, and William Neff and Sara Neff, his wife, Bruce Kunklcman died on the 28th day of May, 1955 and Sara Neff died on the 30th day of May. 1948, thereby vesting the entire fee in William Neff (a/k/a J. W. Nehf) and Dessie E. Kunkleman, Grantors herein. ~. COMMONWEALTH Of FWNSYlVANIA = ~ iii;;':~:::,:: ~rl = I S. 0 0 Ii" Ct. ,,1.llIU = AND the laid 9rontor he"by covenant 8 and a9"e8 thai they and each of them will warrant generally the prop.rty h.r.by conveyed. aOOKP 26 fhCE 23 EXHIBIT "4" ... IN ""ITHESS WHEREOF, laid Qranlo, ka h.rll,mlo ,It hond dud lul the day and year Rnt above wllll.n, ~. f) j) 111,...,111111' ". ~.II..". .............-.J..:..:t1!..:......{..~...:.................~ 1)1 " I I, :~. ~...:11 .._._..U~."gd.f.-...2~..:....e ......... ~..~../J:N..~,J.l1L.._.- ~l-.JlI:....xu*..._._... ~ ..,,?!;E...~,..,Qj;;A'4L_- j) ,.. .. .'. .J,:..1~+.."~ Sial, of Pennsylvania County of Cumberland On lhll. the 16 th t... doy of Apr il 119 75, b.for. ml, ,hI undtfllgn.d offlc.r. penonally appeared J. W. Nehf (a/k/a William Neff) and Kathryn M. Nehf, his wife, and Dessie E. Kun~man, single woman, known 10 m. lor satisfactorily proven I 10 b. the plrlon WhOl1 nome lublcrib.d to Ih, with. in Inllrum.nl, and acknowledged thai u-,u'td loml for th. pUlpal.' Ihl,.ln COl\loln.d~ I , . IN WITNESS WHEREOF. I hereunto ..t my hand and O,ff1clal '001, I ') . . . ' ..:::. ~.. . ,.... .._._..'iJ.~...~~..i~.--.~-,e. ,:' .__._.!I.9..~!!EY...~J!J3g~_.__.__:,L-..:....,.,..... .: . . Till. of Off!(". . ~ . My comm expires July 8. 1978 . " I do h.r.bv "rlify Ihol th. pr"lI. r'lid.nu and campl.l. pod offic' addr," 01 Ih.wlthlnnom.dgfont..11 R. R. 12, Ehippensburg, Pa. 17..57 a;"l(,.tl~1 19rJ'f _ifjE.__.If_t...~,-t._...__._- ""orn.., for __~__"_""".._"M"~"_'-- a ' .,.. ..", "'.. . ." "' >- "'" . ~ ~~>> o Ii" &I " I-< " a . ~ "" O::J ~~o r.) CW .. J3 .. u i5 '" . a CW '" " 0'" ~\ " " et:: ~"a fa et:: " ~~ ~' i ~ "' !: n:D~ ~ < . .. ", ",1ii c..o "0>> . ~ ,..... ;:moCl " " ~ 0 ~"':lD'" &cIlu XomlOCI ~!!i ..n"'n :fg~nl :: ~z~~ ... ="'... ... " U1 .. \ 1 I I I I J I \ I I I , COMMONWEALTH OF PENNSYlVANIA } . r I.. J. I ... CO",lyot_~-_._- ~ RECORDED on 1M, .._ L~.t!J......_..- doy of ..__.~.. A, O. 19_..,a In lh. Record.,', offlc. of the ,old COUllty, In O,td took 13 Vol, __2.&-., poU' J,3 Given und.r my hand ondQf!:h' . ,oid ORk~?:bO" "..III.n. ~ __ 1(' ~~ _ RKlKdor. , I IDOlB 26 I.CE 24 \ MONN REAL ESTATE , TABLE.OF Paoe I. Narrative Report 1 II. Neighborhood 3 III, Highest and Best Use 4 IV. Cost Approach 5 V, Income Approach 6 VI. Market Approach 7 VII, Reconciliation 9 VIII, Maps 10 IX. Photographs 12 X, Environmental Check List 14 XI. Client List 15 XII. Addendum 16 1 \ \ , \ \ \ i , i: " l I \ \ 1 , , MONN REAL ESTATE ...-:-:.... ..... ." ". . MARKET Al?PROACH .' .... ..... Page 7 > ,.... ,....,. . ,.:. LAND SALES D~s6~ipdon I . subject I'" 1 - - --2 n - 'n~_,_nc ~..,. - Pi' Location Thorney Grove Lane 3 Turn Rd 199 Gum Run Walnut Dale Walnut Dale 1363 Lane Rd Rd Baltimore price N/A $49,000 N/A 9-1-95 $2,000 $22,000 $25,DOO $53,000 1-24-94 2-27-95 10-14-94 2-1-93 .29 acre 7.45 acre 7.8 acre 25 acre $6,e97 $2,953 $3,205 $2,120 39-15-177- 39_14-165-38 39-14-67-61 39-15-179- 41 2 Mt Land Vacant Vacant land Mt Land w/MH Date Lot Size 15.6 acres 12.49 acre Price per Acre N/A $3,923 parcel No. 39-15-177-13 39-16-224-9 Use Vacant Vacant Remarks pavilion and holding tank '. .', . "'. \i~ .'...... ~~:... ...... . . ~~ ~ ~t? p"~' I;~,~;~l:;;'~' ;;,,,;lc~~ ' ,;\.VJ; . ...........'. .... .... '.. ..... ..... > .... ...... . ......... ,i ...... .....'. ........ . ..... .... ....... '.' .... .............:ii<. ............. .'. ..' .'. .........,. . I:', "'. ...... .. ......, . .... . .' . '.' ..... ..... . . .".. :, . . ,...., .' .'. . .' '.' .... .' .""'. . ... '. '.' .... .., .:. ." ............. ..' ...... ..... ..' . ....... ..... ...i.... . . ...... ... .... ..... ...... ........ .. . .. ... '. .' ...... ..... .... . . . .' ..... ......... .'... .' ....... '.' .' ,.... .... .' . .' '. .... ." .... . '. ... ... . . ."'. ..... .: ....... ..............., '. ........... . . .' ....:.. .... . ..' . ..... .'. .'." ..' ..... .'. . " ,,;', ' , ;;';i:\,,', ~:.;~~~,:;:;:".' '. ..... " . ...... 1 \ .1 , 'I 1 , I j I i MONN REAL ESTATE .".,.:,.-"...,..,...'.:.-,.:,.-..""" iiescld' tl.cin Location Thorney Grove Lane Horse Killer Rd Price N/A $37,500 Date N/A 4-28-95 Lot Size 15.6 acres 7,45 acre Price per N/A $5,033 Acre Parcel No. 39-15-177-13 41-13-108- 62 Use Vacant Mt land Remarks Pavilion and holding tank Page 8 MARKET A.P P ROACH LAND SALES 47D McCulloch Rd Means Hollow Amberson Rd Off creek. Rd Rd $55,00D $38,000 $53,900 4-17-95 3-15-95 6-18-94 42.44 44 acre 47 acre $1,296 $864 $1,147 39-16-228-1 B25-48 H5-39 Mt land Mt land Mt Land w/MH cabin $3D,000 5-3-94 6.14 acre $4 , 8 e 6 39-15-177- 48 Pasture Generally a parcel of this type is sold by the market data approach and this approach is believed to be the most accurate method of appraising a parcel of Mountain Land. It is my opinion, based on my knowledge of the area and all available information, as well as other sales and the preceding list of comparable sales, These ten sales show a value of $1,450 per acres for 15,66 acres or a value of $22,702 or in even hundreds $22,700, MARKET APPROACH VALUE: $ 22,700 MONN REAL ESTATE ~ I' I .'v<" '-" '<>, "<". '. ., .','-, " ...." ~ /' ~O' q " '" ~ , \ ,~" "\ ' <. <" ' \ ,::, '. ............. ~l~ ~ \.....,;-::: ~, , '........ ~~J~ ,_ I <-.~.. ~ ( 0 '\') " '.,~ \ f . ~" ...........1.\.1 \ l, <,,' "-' ~ , - { '" ',,~ I , I i I , ,", i ".' I "'V. ~ ..9 r (~ t to ~ r- .j p ~ p 0 D j 0 y & Ii " I~ , ~ , p .p V' Ij ,~ 6' 0 G' ~ \ r~ ~' , r (1\ l' 0 " ~ ,. r ~ y " ~ 1 $ (, I 0 ~ y I~ ,\ 1 , f 6 ~ , ~' ,i 0 ~ , ,\ ~ , 1 0 -J 1 \~ 0 i III T \ 1 I I 1 , I I "-"'- ....,~ ",," , ' ";. . .~~.-~_I'\ ' ., .. -'--'-.:0-'- '.'::. -0'- -- .----.-------.. I I '1 1 I j l MONN REAL ESTATE A. This value is to be in fee simple title, These six items are excluded from this report: 1. Regardless of any loan application as to the maximum legal limit of loan ratio to appraisal value. 2. Any discrepancy as to legal boundary, 3. Any legal problems that may affect the value of subject property, 4, Any equipment or inventory that may be necessary to operate the property that could be classified as personal property, 5, This appraisal is not based on any predetermined value nor is the fee based on any such value, 6, Any business and/or personal property that would travel with the sale of this type of business. B, Additional certification: 1, The appraisal of this mountain land off Thorny Grove Lane is for Edgar Nehf's use, He plans to use this appraisal as a basis to purchase this parcel, 2. This valuation of the subject property was not affected by the fact that it was done for Blaine A, Hardy Jr at his request instead of a lending institution, The final value was no different than if ordered by the lender, only the facts were easier to obtain, 3. The appraisers compensation was not contingent upon a predetermined value nor was it based on a requested value. The property was appraised for the fair market value and excludes all of the above. 4, All information in this report is true and correct to my understanding, 5, I have no interest present or prospective in this property or the properties in the ownership, 6, All opinions and conclusions are my personal, unbiased, professional analysis of the property. 7. I have inspected the subject property. MONN REAL ESTATE Fllo No.N95-014 DEFINITION OF MARKET VALUE: Tha most proboblo prico which 0 proporty should bring in a compotitivo and opan markot undor all conditions requisite to a lair solo, tho buyer and sollor, each acting prudontly, knowledgoably and assuming tho price is not affocted by undue stimulus. Implici, in this definition is tho consummation of a solo as 01 a specified dato and tho passing 0111110 from soller to buyer under conditions whereby: t 11 buyer and seller afe typically motivated; (2) both parties are well informed or willi advisod, and oneh acting in what he considers his own bost interest; (31 a reasonable timo is allowed for exposure in the opon market; (4) payment is mado in terms of cash In U.S, dollars Of in terms of financial arrangements comparable thereto: and (5) the price represcnts the normal consideration for the property sold unaffected by special or creative financing or sales concessions' granted by anyone associated with the sale. Adjustments to the comparables must be made for special or creative financing or sales concessions, No adjustments are necessary for those costs which are normally paid by sellers as a result of tradition or law in a market area; these costs are readily identifiable since the seller pays these costs in virtually all sales transactions. Special Of cfeative financing adjustments can be made to the comparable propertyt by comparisons to financing terms offered by a third party institutional lender that is not already involved in the property or transaction, Any adjustment should not be calculated on a mechanical dollar for dollar cost of the financing or concession, but the dollar amount of any adjustment should approximate the market's reaction to the financing or concessions based on the appraiser'S judgement. STATEMENT OF LIMITING CONDITIONS AND APPRAISER'S CERTIFICATION CONTINGENT AND LIMITING CONDITIONS: The appraiser's certification that appears in the appraisal report is subject to the following conditions: ,. The appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the title to it. The appraiser assumes that the title is good and marketable and, therefore, will not render any opinions about the title. The property is appraised on the basis of it being under responsible ownership. 2. The appraiser has provided a sketch in the appraisal report to show approximate dimensions of the improvements, and the sketch is included only to assist the reader of tho report in visualizing the property and understanding the appraiser's determination of its size. 3. The appraiser has examined the available flood maps that are provided by the Federal Emergency Management Agency (or other data sources) and has noted in the appraisal report whether the subject site is located in an identified Special Flood Hazard Area. Because the appraiser is not a surveyor, he or she makes no guarantees, express or implied, regarding this determination. 4. The appraiser will not give testimony or appear in court because he or she made an appraisal of the property in question, unless specifiC arrangemClnts to do so have been made beforehand. 5, The appraiser has estimated the value of the land in the cost approach at its highest and best use and the improvements at their contributory value. These separate valuations of the land and Improvements must not be used in conjunction with any other appraisal and are invalid if they are so used. 6. The appraiser has noted in the appraisal report any adverse conditions (such as, needed repairs. depreciation, the presence of hazardous wastes, toxic substances, etc.l observed during the inspection of the subject property or that he or she became aware of during the normal research involved in performing the appraisal. Unless otherwise stated in the appraisal report, the appraiser has no knowledge of any hidden or unapparent conditions of the property or adverse environmental conditions (including the presence of hazardous wastes, toxic substances, etc,) that would make the property more or less valuable, and has assumed that there are no such conditions and makes no guarantees or warranties, express or implied, regarding the condition of the property. The appraiser will not be responsible for any such conditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist. Because the appraiser is not an expert in the field of environmental hazards, the appraisal report must not be considered as an environme'l'lntal assessment of the property. 7. The appraiser obtainl!d the information, estimates. and opinions that were expressed in the appraisal report from sources that he or she considers to be reliable and believes them to be true and correct, The apprais€lr does not assume responsibility for the accuracy of such items that were furnished by other parties, 8, The appraiser will not disclose the contents of the appraisal report except as provided for in the Uniform Standards of Professional Appraisal Practice. 9. The appraiser has based his or her apprai~al report and valuation conclusion for an appraisal that is subject to satisfactory completion, repairs. or alterations on the assumption that completion of the improvements will be performed in a workmanlike manner. 10. The appraiser must prOVide his or h~r prior written consent before the lender/client specified in 'he appraisal report can distribute the appraisal report (including conclusions about the property value, the appraiser's identity and professional deSignations. and references to any professional appraisal organizations or the firm with which the appraiser is associated) to anyone other ,han the borrower; the mortgagee or its successors and assigns; the mortgage insurer; consultants: prOfessional appraisal organizations; any state or federally approved financial institution; or any department, agency, or instrumentality of the United States or any state or the District of Columbia; except that the lender/client may distribute the property description sectien of the report only to data collection or reporting servicels) without having to obtain the appraiser's prior written consent. The appraiser's written consent and approval must also be obtained before the appraisal can be conveyed by anyone to the publiC through advertising, public relations. newS, sales, or other media. FfeddillMlcFOfmC396.93 MCS, Rlchlld,on, TX 75081 121CI699.7783 MCS Form lC6 Pllgo 1 01 2 Flnnlll Mill Form 100Ce &-93 I I j I , I I I J \ I i J \ 1 1 I ! i , \ \ , \ i ! , '. MONN REAL EST ATE APPRAISER'S CERTIFICATION: Tho Approisur cortlllos ond ooroo.thot: " I hava resoarchod tho subjuct markot oruo and havo solectod 0 minimum of throD rocon' IHll06 01 proportles mosl Illmllor Illld prollhnoto to thu subject proporty for consideration in tho salos comparison analysis and havo modo 8 dollor odjustrnont whon approprlato to rullucllho 1111ukot roaction to th080 items at signilicunt variation. If 0 significant Itol11 in 0 comparablo property is suporlor to, or morc favorablo 'hun, tho subject proporty, I hovo modo 0 nooolivo odjustmont to roduco tho odjustod solos prico 01 tho comporoblo, ond II 0 slgnificont irom In 0 comporoblo proporlY Is inforlor to, or loss fovoroblo thon tho subjoct proporty, I hovo modo 0 positlvo odjustmont to incrooso tho odjustod sol.. prico 01 tho comparable, 2. I have laken into consideration tho factors that have on impact on value in my development at ,ho estimate of market valuo in tho opproisul report. I hovo not knowlnoly withhold ony signlficont information Irom tho epproisol roport, ond I bolievo, to tho bo51 of my knowlodOo. thet oil statements and information in the appraisal report are Hue and correct, 3, I stated in the appraisal report only my own personal, unbiased, and professional analysis, opinions, and conclusions, which are subject only to the contingent and limiting conditions specified in this form, 4. I have no present or prospective interest in the property 'hat is the subject to this roport, and J have no present or prospective personal interest or bias with respect to the participants in the transaction. I did not base, either partially or completely, my analysis and/or the estimate of market value in the appraisal report on the race, color, religion, sex, handicap, familial s'atus, or national origin of either the prospective owners or occupants of the subject property or of the present owners or occupants of the properties in the vicinity of the subject property 6. I have no present or contemplated future interest in the subject property, and neither my current or future employment nor my compensation for performing this appraisal is contingent on the appraised value of the property, 6. I was not required to report a predetermined value or direction in value that favors the cause of the client or any related party, the amount of the value estimate, the attainment of a specific result, or the occurrence of a subsequent event in order to receive my compensation and/or employment for porlormlng tho oppralsal. I did not base tho approlsol roport on 0 roquosted minimum voluotlon. a specifiC valuDlion. or the neod '(0 approve a specific mortgage loan, 7. I porformod this oppralsalln contormiw with tho Uniform Stondords of Professionol Approisal Proctico thot wore odoptod ond promulgotod by tho Appreisol Standords eoard of Tho Approlsol Foundotion ond that were In place os of tho effective dote of this oppraisol, with tho e,,"ptlon of the departure provision of those Standards, which does not apply. I. acknowledge that an estimate of a reasonable time for exposure in the open market is a condition in the definition of market value and the estimate' developed is consistent with the marketing time noted in the neighborhood section of this report, unless I have otherwise stated in the reconciliation section. 8. I have personally inspected the interior and exterior areas of the subject property and the exterior of all properties listed as comparables in the opproisol report. I further certity that I have noted any apparent or known odvorso conditions In the subject Improvements. on the subject site, or on any site within the immediate vicinity of the subject propertY of which I am aware and have made adjustments for these adverse conditions in my analysis of the property value to the extent that I had market evidence to support them, I have also commented about the effect of the adverse conditions on the marketabilitv of the subject property, 9. I personally prepared all conclusions and opinions about the real estate that were set forth in the appraisal report, If I relied on significant professional assistance from any individual or individuals in the performance of the appraisal or the prepara,ion of the appraisal report, I have named such individuallsl and disclosed the specific tasks performed by them in the reconciliation section of this appraisal report, I certify that any individual so named is qualified to perform the tasks, I have not authorized anyone to make a change to any item in the report: therefore, if an unauthorized change is.made to the appraisal report, I will take no responsibility for it, SUPERVISORY APPRAISER'S CERTIFICATION: If a suporvisory oppralser slgnod tho oppralsor report, he or sho cortlfios ond agroes that: I directly supervise the appraiser who prepared the appraisal report, have reviewed the appraisal report, agreD with the statements and conclusions of the appraiser, agree to be bound by the Appraiser's Certifications numbered 4 through 7 above, and am taking full responsibility for the appraisal and the appraisal report. ADDRESS OF PROPERTY PRAISED: Mountain Land off Thomey Grovo Lane, ShiDDonsbura. PA 17257 APPRAI ER: SUPERVISORY APPRAISER Signature: Name: Ja: Date Signed: tember State Certification No,: N/A or State license No.: N/A State: N/A Expiration Date of Certification or license: N/A Signature: Name: Ro R nn Jr. Date Signed: e tember 12 1995 State Certificatio No,: GA 000688 L or State License No.: RB 042347 A Stote: PA Expiration Date of Certification or license: June 30 I 1995 X Did Did Not Ins ect the Pro ert fllddi,Macform4396.93 MCS, Rithardlon, TX 76081 12141691:1.7783 MCS Form Lee Page 2 01 2 F.nnie Mal Form 10048 6.93 / LAND APPRAISAL REPORT lOOt i IaIllMtJ,II.Nahf a.tat. I P\OptI1r M4ltw 'fhOI'DV Gro.... acad. Ie.., BhlppenabuJ:Q COliIlJ CwabedaDd - PI. ~ DeKl'" C\UIIbecland Co Deed 'look ...."11I1 MIa. DlllDlIIIt LQIIl'..._J". PrQjll/lfNl!WI,...,'" MII/IIIllMIhYltTu.' II') Llllllt.reealDlle,,*,"_' 'lAIA Ollll''''~ lJ,*r/CIltAl ADPnhal for Markat Value AiMl.. II ~V.cant ~ 'fia L, blh.maP .....lDApOl.... ~ ~"Id 131.88 .......... ZlfCOllt 11251 1iJ';;-0 .- 0 "....,/VO '..'. :: ~ ~:n' ~ =:;" ~ :2i' '....... 0'","" 0.... ~...., 8 ~.~ Ii PrOClll!lfYIkln 0 IIcfM&lll [iI SioIIlII - __s."" 0- ~....... 00_' . YllMUAlT. 0 U_St.lol. [!) HYoI. 00...... ~ PrMMlUlduw....i..Ot.1FnII'_"J.4f.M1r _""* _'CoMo _.~ . _"'IM~IllWl~"V"''' . C...IIP1U11lu.dUM [i MoIL1Mtf -0 UU1r11 o l'lflllll To :PltlkioIAMlOtQIp.Jllq' [iJ0fttl DTlMlII o SlIgIlFIbl1rPllCef\allG' ,20.000 kll 100,QOO ;, SlIellfPlyAQll ~rn.lil19L '"' 0'.......'.1 [mplD'fII\lnII\lbl~11 COlWt_lICAllIEmplaymtnl COMIlIIInCl\Q1/lOpplll1 CotWI"",nulOkllllOlI ""4l11CyClI'llIlIlct,WpoNlIOIl ",c/HIlDtIIIFdlll. .....lIlIKYOIU\lIIIII. "Oll'rtwCompaUlllUl1 P,ollClIOl\ l'lllIl Otlr1llllntll Con,l\lOlll I'OIlClJII.FIII,/ollellon GaM,IIApp1III11C1oIPropertlU )f'. A.."'A1loUlrkll Good A'" hll I'IlaI O~OO O!jjOO 0!jj00 0!jj00 0!jj00 0!jj00 O!jjOD 0!jj00 0!jj00 0!jj00 R~RR _"VICMIl I'U4<<"....V.1II145.000 ._...35 COflImuLJ Inelu.lnllhOU 1&cIGII, II'I'lIrlbll 01 unl.~orlbll, ani cling marulllll~!y (1,1. p1jbUC p.&lkJ, IclloOll, V~fj, nlllul: The eubiect property ie located. alonl'l an unoav.cS. road a~~rox. 1/2 mile f;:om WCCUllouoh Rd. lhIIlOlU 611. 331'x1783. 2LS:d1SRa1651. SRS 1o&110 CUUlIk.IIlDI )10 aon1na ubt.a KllIlI&IlalldDulllil: (i]Plut"'ll~ DOltlllllptdlYl _ n - i'llbllC OlMr IOnulMl OFF.SITE !MPROVEMENT& . lGPO Laval UK. lil SlIlIIAccUl: OPlIllllC [i]prlYllI SIlt Abon avenae S (Ou 0 5lI111tt Gnnl iI\IpI Ract.nQ'Ular 1 Willr 0 M&lIIlIftlllct: 0 PIIDllc (!1 PIIYIII VII. Avena. ~ SiI,$I..0 aeptic Igslllrmll..1 QClllblGlIllI1 oralnlllAVllna. ---.-. , 0 UnIlirIIIOlln'[lIcl.lTII. II [51'1.&1_ I llilllllUglIU IllhIprOjltrrrIoUI"lnIHuDlIlInUlll'Sll'''lIlF~HUlr'AIU? iij-';;-O-~u Con\mlnll {'norablf 01 1I/I1..orablllnclll"lIll/1'J tWlrlnl iI'Ilrll....m.IIU, .n"DlU\lftlnll DI 011111 "'Ir.. COI\drllOlllI: No acinr.. ......nt. or ancroachmanta ..re aba.md.. 15 . "0 spaIocl. U COI....lol PltlOll~M1lIIlI [jJlIllOllDMlItlll\lIIII'IIIlICllln9IIl1Ii1l1kl11 . mM suBJECT COl,lPAlWlENO.1 COl,lPAR,\lll[frlO,2 CQhtPARAlllE friO. 3 I A "',," Thorny Upper Hor.. valley rorge KUl Rd. Koree V.lley Rd . Grove Road. lJpper Stre.buro PA Roxburv Upper Stra.bura pa . E PrOllmlllDSijlll 12 mil.. 15 mUe. 15 miles ... 1 s.lIlPrICl I 'H'" I. 15 000 I, 25.000 I. 16 510 "'leI/sr "N/A I. I. , ~ ~SouIU In......ctioD MLS-courthou,. Courthou.e Courthous. . , 0.11 01 UI..... DESCRIPTION DEIiCRIPllON 1-----:.'111 DEIiCRIPTtOfrl I , DESCRlPTlON I -1''-' A lrNAdlullmI~1 6"2!il..~5 3-21-~6 , 11117/96 , '/U/g5 I A lWlloa Avera;; Averaa. , Infedol:' I 3 000 Inferior I 3.00 _r.;;:;;;;; 15,660 AlA 12.5 AlA I 3 000 22.9 A/Av I -7 000 15.8 A/Ava I A aeDtic tank Nona I , 000 Non. I , 000 No.. I , 00 ~ I , I , S I I I I I I I ~ IalUDlFIAillCin8 I I I CDftlluloll , I I " IIIlMrlLolllI fir: PI.. r ....,---;. 1 000 -ril-Pl.1 I',...~., I 0 ilPl., r ...... t 1 00 L IfIdk.illd 'iII~. I I clSublfd I 22 000 , 25 000 I 23 gO CnMnllOIIIrMIUlGU r.w .al.. esi.t in the are. c rabl. to .ub-\ect DJ:Oae.rtv, Th. u~dl"l~nld hu IICllld Ihrn IIClnl UIIS of ~roPlrllu mon IlmU,. I~~ prollmllllO lubjecl Ind hU consldllld Ihlllln Inl mal~1I a"alVlls, lhl ducrlpllon InCludn . dOlllr Idlijllmlnl uHeeling malullucllon 10 1/1011 IIlml 01 ,Ignll/Cant u.rllllOfl bll..ln lhl ,ubl"l and eompmllll pIOPlIIIII, II I SllRilrClnllllm 1II1hl comp.ac.br. OIDPlrTy II lijplllDr to III mOllliiYor.blI I/Wl lI\I ,ublulllropeITy, . mlllll' \'1 .dlullmlnl II ml~1 thul rldutlng 111I InllluII' Vallll 01 luClICI; rl . IlgnllrUftl 111m III \lII com()lrlbll II 1A11l101 ID 01 lilt "VOlaDII UII/II/II 'IIbfIClllIOpel~, I pIIII tl _Imlnt II maIM Ulijl InCIlUlng lI\I lII"ulld nllll ol till luDjlcl. Ccm1lI~lS""COIllIlllOAlol~pl61wl:. A ..DtiC .v.t.m i. currant~-on the lot. 'l'he ~ab.r did. not inclu..cS8 marketable t1mbar in "due. . , C o _ c I IlNIl'tIwlIall,!lOII: COOIP.rable ..:.... ara of lDOuntain land and would ,p~86l to a aimil.r market .. t.he ~ lubioct ...o~r:tv. A // , I EiTlMATE THE MARKET ~/..t1 OUINEO, OF SUaJECT ,ROP(RTY Ai Of ~""""~' '. IiISlglllllll' ~r lIam8 - L. A\l.h8m.&n Sial' ." n llcenu -rx-, Clrllllullon , 8 -2 RI~IIw~ralUftll.PlIUcablll Slgl\ll.llll ... 0672g/U ,"". GA"OD01.9~ lilll. -~ 11 95 lObi' 26.000 DO;- 001' Jjol P~'l~ IMplCI Plcptlr:, r-Itlclnll ,." nCllIlllelllOn' Dall -L..!.- - 1 \ \ ] I \ I 1 1 :\ l I I j I \ 1 ~ ; i. REAL ESTATE AGREEMENT OF SALE THIS AGREEMENT, made the ~ day of ~~ , 199~, between Edgar W. Nehf , Executor and TeRtamentary Trustee , of 8940 Pineville Road. Shippensburg. PA ' (herein whether singular or plural, masculine or feminine, individual or corporate, called SELLER) and Edgar W, Nehf and WilHam L, Nehf , of , (herein whether singular or plural, masculine or feminine, individual or corporate, called BUYER). WIT N E SSE T H : j i ) I j 1 j ; 1. SELLER agrees to sell, grant and convey to the BUYER and the BUYER agrees to purchase and accept the conveyance of all that certain lot or parcel of real estate situate in Southampton Township. Cumberland County, Pennsylvania , more particularly described on Exhibit "A", attached hereto and incorporated herein by reference, together with any improvements erected or situated thereon, which real estate has an address of Thorny Grove Road ' and which real estate is referred to herein as liThe property." 2. BUYER agrees to pay as purchase price for the property the sum of Twenty-three Thousand Three Hundred Fifty (23.350,00 ) Dollars payable as follows: a. a down payment of ( $100.00 Agreement of Sale; and b. the balance of the purchase price, Twenty-three Thousand Two Hundred Fifty ($23,250,00) Dollars, shall be payable in full at final settlement, by certified or bank check or other check or payment form acceptable to SELLER. 3. Final settlement for the property shall be held on or before November 1. 1995 , at a time and place agreed upon between the parties hereto. 4. At settlement, the SELLER will at his own proper cost and expense make, execute and deliver to the BUYER, a good and sufficient deed for the proper conveying and assuring of the property in fee simple, free from all encumbrance and dower, or right of dower, such conveyance to contain the usual covenants of Fiduciar,y Warranty. The property is to be conveyed free and clear of all liens, encumbrances and easements, EXCEPTING HOWEVER, existing zoning, subdivision and like ordinances and; easements of roads; privileges or rights of public service companies, if any; otherwise the title to the property shall be good and marketable and such as will be insured by a reputable Title Insurance company licensed to do business in pennsylvania at regular rates and without non-standard exception. SELLER warrants that any restrictions affecting the property will not be violated at the date of settlement and, if any, they will not unreasonably interfere with BUYER'S intended use of the property. 5. possession of the property (except as may be herein provided to the contrary) shall be delivered to the BUYER, his heirs and assignsj on the date of settlement until which time the SELLER shall be entitled to have and receive the rents, issue and profits thereof. a. possession is to be delivered by deed, keys and physical possession to a vacant building (if any) at day and time of settlement. b. Buyer reserves the right to make a pre settlement inspection of One Hundred ) Dollars upon the execution of this Exhibit "7" . , 1 I \ I \ \ 1 t 1 I ~ I \ i/. , 1 , , I I , i , : the subject premises, and will execute appropriate documentation of such inspection. 6. Taxes, rents, water rents, sewer rentals, and other similar costs and assessments, if any, shall be apportioned pro rata as of the date of settlement, which apportionments shall be based upon the calendar or fiscal years of the levying authorities for which the subject charges are levied except that if the charges are not levied at the time of delivery of possession, the amount of charges paid in the preceding year shall be used as a criterion for apportionment. 7. It is understood and agreed that all transfer taxes imposed by any government body shall be borne equally by BUYER and SELLER. s. Formal tender of an executed deed and purchase money is hereby waived. 9. SELLER shall (except as may be provided otherwise herein) bear the risk of loss until settlement. SELLER agrees to maintain existing insurance coverages until settlement. BUYER may obtain additional insurance coverage to protect his interest if he desires. 10. In the event that SELLER is unable to give a good and marketable title, BUYER shall have the option of taking such title as the SELLER can give without abatement of price, or of being repaid all monies paid on account by BUYER and the BUYER shall also be reimbursed for reasonable costs incurred by BUYER for: title search, title insurance, mechanics lien insurance or cancellation charge for same1 premiums for hazard and/or flood insurance 1 insurance binder charges or cancellation change for same 1 appraisal fees, application fees or other changes paid to BUYER'S mortgage lender 1 surveyor corner marldng/location1 permit fees paid for septic test/permit 1 highway occupancy/driveway permit, or the like1 and or in the latter event, there shall be no further liability or obligation by either of the parties hereunder and this agreement shall become null and void. SELLER is obligated to take reasonable steps to expend reasonable sums to clear title of any liens, encumbrances, defects, or clouds which might appear. 11. contingencies to BUYER'S obligation to settle: a. The property is presentlY zoned not . This Agreement is contingent upon BUYER being able to obtain requisite use or building permits for BUYER's intended use of the property as recreation lan~ and upon there being no adverse zoning changes between the date hereof and settlement which would prevent or unreasonably interfere with such intended use. b. If the property does not have an existing and approved driveway onto the adjacent public road, this Agreement is contingent upon buyer being able to obtain requisite driveway permit for recreational use from pennsylvania Department of Transportation, if a state Highway, or from the appropriate municipal authorities, if not a State Highway. (STRIKE OUT IN~PPLIC~BLE P~RAGRAPHI c. This Agreement is not contingent upon BUYER receiving mortgage financing. F,' PI'/ / / /rPM / ffl~~PP'ff9~/ /j!J. /9'1'M~'9~Prr'9 / PIp'''m/Tt'f'fm / 'm'fAfI~""rp/ /Ip'1'lm'l-rpp nJ(9'l-'f1m'9~/ /Cf,pFR.Y~r/ /y.pm / f'T1T LHfHf'UJP{79td, I Pf7tfl''f// /'l-PPi / pm'9~/ /Cf'tfJ:Pt /'fP ffllfY-j'j/,Y'f! /f/"PPPt 7.M,m;p/,/ / / tf.jAf1Vrm /H'/ m / p.pM /J/!/lf'PP(W'P/ f'I.I'T''1'F1CflP/ ~;;~'f'l;~/ ~t~#MCf~~4 :W;~ Jffi~$~~~~~W~~Wl:~~ A~~W~~lt'4'9~M~f:~ / 2 1 \ \ \ I I .\ \ I 1 , ~ I ~ I 1 \ i ,. toMJaifJ f.J~6.UAfNmeMis IfAHlldr..1 Heirlanold /'del /dfili$6~lill /Eilif.~M~~~ /<1$1 m I~f/Jtm" 'I:J~W~~fJ lavTilEtrlJ MIdi ISELLFMI I lfJr1'/.tPJ 1$'hMIV /rlli#II't'MII~P/rlJl9'(l/ I~fl M~;..1tIWClIIW Wf:Ii!tH.n~N:nW I 6iirlti.l.nJifirlaMj! land! Iwtbb'rier44Ni I /rJrJ I S'*'ttlmf'/r/ttl Mt'f.'NrNtl MWP'N I~ "'Wti~a Iri IM:IISEWEtrI.I WeiIl! Have; lttrf.elldpUlirllollle't'f;.I:M.r1;"Wi 1't'Ni!llrtPNrlJI'I/If/JM'QY d~~i7h d6f/~tIHd/~1.~fnq/~rla/~lt!~/t~~/~e~~~/~r1/~q~~tlW~ tW~~/Wdteewri~tIMu!M/~/wldz~/N~et~r/J6N/r4~d$t~/~6HJle$/~.~~1~W/~P~~ shlalii / (j,j /tM.:kbIM~/J/ Itl.6l BWtR/.1I ITr..eJ M.riJttJj<l.qel /tJeit./;/ Np6N !tt"f/l;../;/ l1i-ratf*M.~fl'f:lIJl$ 6WtLin/#ldil We. i i../,1II>Ad.Hiht.,J,in/1eim6UMi lr/.JotldrjaqeJ /1l.riJliN 1-1 I $11111111111 t 1;.1,11 1>Ad.Hiht.,J,in//tietlnl IWe&1:lSY I {./ 111111111111. W IITWri 16fllridttJiiErJel /-1111111111111. 4I.I11>A'b.'Wilrf.MrllilrlatWfiritllr:fcitt.ell-llllllllllll. i3iiit;R1 WteWri Iti.M It:Jeiv.eilrlfiasoMfrf>lel /Stf.eP/.;/ lan(J/ /l'ili'l.e1 Me.f;Iirl;J.YJ"/!!II~f.f.t.:MfI.$ Hi I8.Wy..~llitbfll;J.ntJ/ 16"6WU.lIS1J.c'h/ lr/.JotldrjaqeJJ IIISt~1 /iicJt~t!fri I U:! I m<l$~M'rI~Y bWrItItmWrJ~clt:JildtaSl WJjlI 8/rfrJta!iliei'tSl W;lliltJljllbkllldrlr8.1A!/dfir11 !rJYII~~tifJlrirt$119't W~J.I:W~ I iN IrirlrM>kidiil:Jr{ l.JiW Isul::H l#rp/J/lldatfJ/dr!.t 12. SEWAGE DISPOSAL (STRIKE OUT INAPPLICABLE PARAGRAPH). M,IIII1rHri 1#~etW liSl /SriH~ /'dtlle/rl.r11 f:J:Ir(.rJ.ef:./tJrir1lU:! 1~'(l/31 /fI1).'(JMlql'f>m<1~~ I#fiiMr/ lei eWt/.~dl 1/1111111/1/11/1/1/11/1/11. tJ.! ~ I ffid IlrJt Wittll U/ I Skltvedll 'tfj! 11e/rI.~llrt6tikir:irttM I (rJQ I IcJv.1 I I 1rJ.'#'*iJlr;ar/J WJ.,HW II,UI,;Wllld'd.WrlsM! IlSystJi!d' 1111 t,FJIJrI,E'{Ij I m~ 11'11611 ntr$wOO<A~11 PIf/ 111'/.'1/11 It/iii:6.HdtLi6W lii.lldrlld&rkirf.td.Mfi 1rl:6H1'i't.!1:fr{ Ir/;6tVdrJ.tM/rlg IstJ/dtJ./sli/Eitt~fJ.. c. SELLER hereby advises BUYER that the property is not presently served by any currently existing community sewage system and that, therefore, before the property can be used as a building site, a permit for an individual sewage system will have to be obtained pursuant to section 7 of the pennsylvania Sewage Facilities Act. BUYER is advised that he should contact the Sewage Enforcement Officer or agency for the municipality, to determine the procedure and requirements for Obtaining a permit for an individual sewage system for the property. 13. WATER SUPPLY (STRIKE OUT INAPPLICABLE PARAGRAPH). flU III fTMI W19"Fh~/~'ff I FfFmrrrfl m IPffl/fPmrrftffll t-?t ;ff'N7/f~'f?M'1 'f!'17~r II J / 11I111 J J I J 1/ I III I J . f#PP).mnrfmvt}1J,~~t~ lJ ~';;~~~/;tff I 'tJi'//~'rI/'i1~;~ M~).ftll'fJFI M~'FfflIl T"PIf{f}'fy r mttt.2M I!b/ Ir.old la'ilb/rlel P/fJ I'l:.m Ipmfj~flf:lelIPtll~fl1lllrtfJNrli1lf1~M'f}t-"'lllI"'l fc!1}.lf-1 f'f"1trFF !riUppWlriJtaI lrJriel t!rIdpe!drN I'ilMlct"f/ll f,I/CN.~~1 /r1rJv.VJ.m l1-tl mtl Pf:(f;.~'pft,e. 14. WOOD INFESTATION. J./rI I !/;/ 1;.(JIr/rJlf.~II+;''(lNrlI ",~r;,f.W I r-rflilf'f I /fl~YII'!f''FII~PPi /rIi6vdJddl iiritU.lf/lldatfJ/drlalltlriatl /W.e/lPt6p/i!M~11Iil$/ /fIrI~~llcm fl:Iliffp.1ft1t:1ff-1p1 f(Ill Pff'tJ.f.FI M!f'rpP fddtd.Hri l'itasJ:idtf.W IIIlff IznstJ/liid+t!/Jki 1#'/l~$I;.f:./tJiN~/1#rl.n~ l~tl'flr:rq"IIpPFfrrrr-~1 J31ftTf~"'f- IW'i.W r/rld.11I Ickiar,oMt'tJleJ Ilddstll kiflll~'I<tfrI'!/'V.1j.mtt1-PH I !tt't~/JfrIr/.~fl'f:lll~tpflfi!ll /it'fp.1fi!1)/oI1111 tll 1'iri.sf#.r:Iti.I..OH I &dveMIsllr,D.'i:IStf.aN:JjJliIIISl:/rN.rttP/rfr!l~II~Mr(ifrJ~11 m'Irf.llt~m~'m=11 f(Ill /"1fJPPI Mdt~sll~att~s/SHallll<l.~t~/~~//r1rJ~.~/t~9~~~1-~~/~/PPM~~/RrrIJ3IftTf~"'W lS'ri.aW N.a{;ki N.r..elldwtiliri 16f1ltiettrVildlif:./J.#:J It'Mfri IMmlf.,,~m. 15. SURVEY. Any surveys which may be required by the Title Insurance Company or the abstracting attorney for the preparation of an adequate legal description of the premises (or for the correction thereof), shall be secured and paid for by the SELLER. However, any surveyor surveys desired by the BUYER or required by his mortgagee shall be secured and paid for by the BUYER. ' 16. BUYER'S DEFAULT AND DAMAGES. Should the BUYER violate or fail to fulfill and perform any of the terms or conditions of this Agreement, then and in that case, the SELLER shall have the option of: 3 1 '1 , ;. 1 'I " j I - I I I I ,1 I ,I 1 1 I 1 ] . a. retaining all sums paid by BUYER on account of the purchase price and bringing suit for specific performance for the balance of the purchase price and any damages due; b. selling the premises to another bona fide buyer and SELLER's damages shall include the difference between the contract price hereunder and the bona fide price at which SELLER sells the premises, and SELLER may retain such sums as have been paid up to the amount of such damages and bring suit for the balance, if any, of the damages; or c. retaining such sums as liquidated damages for BUYER's breach and in the latter two events this Agreement shall be terminated and ended. 17. DAMAGES UPON WILLFUL BREACH. If any party hereto willfully fails to perform that party's obligations herein undertaken, the other party shall be entitled, as part of his damages, to all reasonable expenses (inClUding attorney's fee, delay damages, cost of temporary housing and the like) incurred by the non-breaching party as a result of such willful breach. 18. DISPOSITION OF DOWN PAYMENT. Should any contingencies not be satisfied or should this Agreement otherwise be terminated, for some reason other than the breach hereof by BUYER, then the down payment [plus any interest earned] shall be refunded to BUYER (together with any reimbursement due hereunder) and this Agreement shall be of no further force and effect. Should BUYER be in breach, this money shall be paid to SELLER to be dealt with at SELLER's option, as provided for in Paragraph l6 . 19. No modifications of this Agreement shall be effective unless the same have been agreed to in writing and signed by all parties hereto. 20. This Agreement shall extend to and bind the heirs, executors, successors, administrators and assigns of the respective parties hereto. 21. The interest of the BUYER shall not be assignable in whole or in part without the prior written consent and approval of the SELLER. Transfer of title by Will, survivorship or by descent shall not be regarded as an assignment requiring the consent and approval of the SELLER. 22. OTHER TERMS. See attached Addendum, ! 1 \ ,I j I I , 1 " j , .j IN WITNESS WHEREOF, the parties hereto executed this Agreement the day and year first above written. Witness: p cX~Q,;~~ 1- ~-- It/. )i'~ E r W, Nehf SELLER SELLER j~lf:7~ 1 ~~~~R:NeG' ~llb ~ Q. ;d-ul~~ c/~O'(Ju~~ BUYER BUYER 1 l I 4 ... IN WITNE~S WHEREOF, laid granlor ha Ihe day and year nut above wrillon, hereunto 'It hand . and lOdl t. .llllll~, ",.l,b .nll Jlrli\llftb hi 11" t1rUtllrt III ........n.....J...:...ZI/(.:.......?ltJJ...:.................,~ ............7.:f{,"'L.~i....2(d,t...:....~ .A/Z" .0 J'~> ~ /1/,--. ;/ /h \ .' - ......:jC4. 1.u:f',l.J-. ~._...A(.{... ........-......" ..AL ...~~.....t.:...lt'-id.=-._..,.....~ .../.2.1,!,.'u.,L!~.,.lL,Jt..CL.._...... ..,.;.g;....1)).L.4.1.~-._._.. Slale of Pennsylvania County of Cumberland On thh, the 16 th },.. day of April I 19 75, bolore me, the underligned omcer, perlonally appeared J. W. Nehf (a/k/a \'lilliam Neff) and Kathryn M. Nehf, his wife, and Oessie E. Kunijeman, single woman, known 10 me lor IOlilfo,IOtily proven I 10 be the person whout name lublCrihed 10 Ih~ wilh. In lnllrument, and acknowledged Ihal olUtculod lomo for the purpollll therein contained: I . IN WITNESS WHEREOF, I hereunto 5et my hand and offielal 5001, I') ,~ '. .__...._i.J.~!.....t..,....ictw.:Jt.lt.-.:.......,:~. ..__.....~g.~~.E.Y...p.-y,~.L..!S;.....-.........:.,L...~,-......-- Tllle of Offi(cr, . ',' My Comm expires July 8. 1978 '. r do hereby certify Ihot the precise residence and complete post office add,eu 01 the within named grantee is R. R. #2, Ehippensburg, Pa. 17_57 a;..~;).1 ~, 1915 __._.__._4zE__./ft..1.....l.'!::!.:..i..-.........-.-- Attariiey for _,....~.~tJ:.~k.~.......H....~.......,.~,~.._....~.,.,... ~ .- ." "'''' ~ .- .... i>'" +,,c . " " ~ '" "$+' .J:l +' !-< +' ~ ~ Z 'r-i 0;:) ~..o t.) ~ '" B '" -< U '" '" ~ ~ \, ~ "' "' c::: +'0'" Z Z ,,+' ~ \,: ~ c::: +' "''' ~~ ~Iij"" !:: g:o:;: 1\ \ ~ ~ -< ~ k ,c~ xmo , ~ ....+'1 "" ~gJg~ .., .., " " zl"l",,., .2t\lu :r.f!!~9 ~~~~~ ...0 n ",,<:,0,., -em ::z: ~:!i~~ .. -cUt-4 -> : U1 m ::::O~~~1......__._.__},.. RECORDED 00 .hls _.... /.~..t!J.......... - A. D. 19....7..2._. in the Recorder', offico of Vol. _......2..l.t...., pogo _;k....J____...._. _ doy 017f~- the 5aid County, In Deed Book J3 Given under my hood OOd~~!~?*'~:.::.~, W::::;". (/-- (, 600KB 26 PkCE 24 .. ;' I. 1 I ,I 1 1 ';\1 :~ Bati.ate of Met >>~ooee4a Gross Sale price $ 23,350.00 116.75 100.00 1.000.00 S 22. 13~L 25 Leas: (1) Realty Transfer Tax (50' Taxable) (2) Cost of preparation of deed (3) Cost of petition, court order and appraisals (estimated) NET TO TRUST Exhibit 11811 RC'/.440 t '-801 COMMONWEAL TH OF PENNSYLVANIA DEPARTMENT OF REVENUE TRANSFER INHERITANCE TAX RESIDENT DECEDENT AFFIDAVIT OF FIDUCIARY (Instructions on Roverse Side) Estate of J. \~. NEHF Date of Death _llP:ri 1 2 r 1 gaO Social Security No. l80-09-9l62A Last Address R.D.#6, Box 81 Shippensburg, Pa. 17257 Bureou File No, {cny' (STATE) {liP) County File No, 21-80- 313 1. Decedent died: ( ) Intestate (without 0 will) ( x) Testate (leaving a last will--copy attached) 2, Is the filing of a Federo\ Estote Tox Return required for this estate? Yes_ No x 3, ( x) Executor/Executrix ) Administrator! Administratrix Name Edqar William Nehf 8940 Pineville Road Shippensburq, Pa. 17257 (C1TYI (STATE) (ZIPI Address \ I \ I \ I I I I I ! i i I I \ I I I I , I 4. All correspondence should be mai led to ( x) Attorney ) Fiduciary. 5, If an attorney is representing the estate, indicate: Nome Hamilton C. Davis, Esqui.re Address 24 West King.Street Shippensburq, Pa. 17257 (CITYI ~!:".TATE::) (ZIPl M ~ ,- ",::0 ("")r', 0 C;.o ""r>> i$~ ",'"' ~ ._.0 I~ ' (n;Q ",C"> C":l .,0 r~ IrlrT1 ~:: :r: t :;,JO ~~~ :xl :".10 --;"'11 " . .." , ~,0:..1 0:; :-) C) .-J ;'1 c.') \,~ 'J List 011 safe deposit boxes registered in the decedent's individual nomehor jointly with, or os an agent or deputy of another, or in decedent's individual name with right of access by anot er as agent or deputy. Include the name and address of the bank or other institution where the safe deposit box is locoted, the name (s) in which the box is registered and the relationship of the joint holders to the decedent. NAME AND ADDRESS OF BANK OR OTHER tNSTlTUTIDN IN WHICH DECEDENT MAtNTAINED A SAFE DEPOSIT BDX NAME DR NAMES IN wHiCH SAFE DEFOSIT BOX IS REGISTERED None RELATtONSHIP OF JOINT HDLDERS TO DECEDENT Under penalties of perjury, I declare thotl have exomined this return, including occomponying schedules and statements, and to the best of my knowledge and belief it is true. correct and complete. '0~'v' lc/ 71r(f-' ..,- SIGNATURE OF FIDUCIARY /0/PD OHE PENNSYLVANIA INHERITANCE TAX GENERAL INFORMATION 1. PERSONS RESPONSIBLE FOR RETURN Section 701 of the Inherililnce ilnd Eslilte TilX Acl of 196\ providr~s thilt Ihe lollowinn, persons Shilll prepme and file a return: a. The personal representative of the estale of tile decedent ilS to plOperly 01 the decedent adminisl:~led by him and such additionol properly which is or may be subject 10 Inherilance Tax of which he/she sholl have or acquire knowledge: b. The transferee of plOperty upon lhe tmnsfer of which Inheritance Tox is or may be imposed by the 1961 Statute, including a trustee of property transferred in trust, provided lhalno separale relum need be mode by the transferee of property included in tile return of a personal representotive. 2, PL.~CE FOR FILING The return is to be filed in duplicate with the Register of Wills of the county wherein the decedent resided. 3. TIME FOR FILING The return is due nine monfhs ofter the decedent's death, unless an extension for filing has been applied for and granted by the Secretary of Revenue within the nine-month period. 4, FAILU RE TO FILE RE!.\!B.t! Section '/91 of the 1961 Statute plOvides that" . . .any person who willfully fails to file a return or other report required 0'( him. . .shall be personally liable. , .to a penalty of 25% of the tax ultimately found to be due or $1,000 whichever is the lesser to be recovered by the Department of Revenue as debts of like amount are recoverable by law." 5, TAX RATES Inheritance Tax is payable atllle rate of 6% on transfers to lineal descendants, such as father, mother, husband, wife, son, daughter, grandchildren, grandparent, son-in-law and daughter-in-law and at the rate of 15% as to all others, 6, PAYMENT OFTAX The tax assessed on the transfer of plOperty reported in the return is due 9 months after the decedent's death. Interest at the rate of 6% per annum accrues thereafter until payment is made. All payments received are first applied to any interest which may be due with any remainder applied to the tax. IF TAX IS PAID WITHIN 3 MONTHS AFTER THE DECEDENT'S DEATH, A DISCOUNT OF 5% OF THE TAX PAYMENT IS ALLOWED. All checks should be made payable to the Register of Wills of the county wherein the decedent resided and are received subject to the final determination of the Oepartment of Revenlle. 7. FAILURE TO PAY The taxes imposed, together with any interest thereon, are a lien upon real property, which lien remains in effect until the taxes and interest have been paid in full. The taxes may be sued for against any real property in the decedent's estate or against any property belonging to a transferee liable for the tax. 8, FILING OF FALSE RETURN Any person who willfully makcs a folse return or report rCQuired of him shall, in accordance with Section 793 of the 1961 Statute, be gllilty of a misdemeanor and, on convictiDnthereof, shall be sentenced to pay a fine not exceeding $1,000 or undergo imprisonll1entnot excecding one year or both. REV"4!'lO 1'''110) COMMONWEAL TH OF PENNSYL VANIA DEPARTMENT OF REVENUE TRANSFER INHERITANCE TAX RESIDENT DECEDENT SCHEDUL E "A" REAL PROPERTY ti6,r , 1", ;>i .. " '- ~. . ~,- (Instructions on Reverse Side) ESTATE OF J. \'1. NEHF ESllMA lED I DEPARTMENl ITEM DESCRIPTION MARKEl VALUATION NO, VALUE (OFFICIAL USE ONLY) l. Tract of land ll1proved with a dwelling situated in Southanpton Township, CUITberland COlIDty, Pa., consisting of approxirrately 2 acres. Title acquired by decedent by deed dated January 17, 1931, and recorded in CUITi:lerlan CblIDty Deed Book "Q", VOO 11, Page l4l. Assessed for taxes 1980 at $4,780.0~ (See attached appraisal) Elrecutor elects to prepay inheritance tax on renainder 30,000.00'; interests. 2. Tract of nountain land, iIrproved with a picnic pavilion situated in Southanpton TownShip, CUlri:lerland COlIDty, Pennsylvania, consisting of 15.660 acres. Title acquired by decedent by two deeds: (1) Deed Book "0", Vol. 12, Page 5 , and (2) Deed Book "B", Vol. 26, Page 23. Assessed for taxes 1980 at $750.00V(See attached appraisal) . Executor elects to prepay inheritance tax l6,000.00v' on renainder interests TOTAL THIS PAGE $46.000.00 '1'('1 bOO, OofM 0 I ! I I i ! I ! I i I I I I I I I I ! HALE REAL ESTATE FARMS - HOMES - BUILDING LOTS - COMMERCIAL 14 WEST KING STREET SH1PPENSBURG. PA. 17257 PHONE 532.2814 ';~:i ~I t, (.. ,'/n '.' , _ t,_"1 j.:' 'L ,,' ,. 'UT' u, I 'I'.' "" 1(' " " , .' 1", , , (' . I' I. e \ .1 L 'l- .J T:' c' ",''" ,. ,-., ", ,.,' '. :: '1 :t L." -j'-\ (,' I \' 1": ','). 1/.. ,'-'1-' 'J," , "I (' ( r: 11. 'I, I ~ .,., J r! '., r(; " " c' ',' - , " '. " "u " i ! r: L , i (\-- u ,. J . '! c. " -(. i,";' .';i ) I c' . -L' ~ " \,.,-1 i' .',n .. , ~ ;"1,, :,j,:i!il-ril ;' ir' j_' '.l..-i ';\l L L; , I,", "'1";',-;;-' , l':r .1'. -j- . '''~J L , .iJ.. -:') ( ,n")",,, I'n" l" r" ,,;'1_ l-'(' ~, I y . ! L. t . - ''''','f;t ,~', ," ,.,_ -.1 )" 'j. ,", t ~, 1'" " I"L ~ I' - , \~ . C' "l'1.'::t . L (' 1 J. \'i' j \/ (,', i \.; ':i .l" REV.451 (1.80) COMMONWEALTH OF PENNSVLVANIA DePARTMENT OF REVENUE TRANSFER INHERITANCE TAX RESIDENT DECEDENT SCHEDULE "B" PERSONAL PROPERTY *' (Instrucdons on Reverse Side) Estate of J. 1'/. NEIlF ESTIMATED DEPARTMENT ITEM DESCRIPTION UNIT MARKET VALUATION NO. VALUE VALUE (OFFICIAL USE ONL YI l. Scorpion, Stinger, 1970 IlOdel snoWllPbile, SN 124130 (see appraisal) 100.00 2. 1 Jeep Station Wagon, 1966 rrodel, SN 1414100100 (see appraisal) 300.00 TOTAL THIS PAGE 400.00 ftHJ, ~ - ESTIMATE OF REPAIRS SHEET No, _ OF _ SHEEn ~ I3Al2~I:S I){)~TIAC - A,"I:l?ICA~ 111 North Fayette SI. Phono: (717) 532-5312 SHIPPENSBURG. PENNSYLVANIA 17257 II" , 'J:~ . . "-:;' ~ " ." , ." ~~ N."" '~, ! I) (' /' -' ....'. / ", If /' /-:. 'j1 M.ke of c.r ".J ~./ar.."., ,I T,Y.p, '"..., \ (-"-c-,, : /j r. ~' , " "1::--1 v' ,. ,'(',.., ,"L-:.." tn.ur.d by I Adju,tor ,I, ,",.. -- .--~._-----------------_.-.----_._-- ---i'--+Addr,,; ____n_' ___._______n_._ -- .-- ,) I (' - " {Llm" Numb.. \ I.m.;.'."" -'~'\ .j,j':tb' No. .------T I"'rt~,~.";',-'--,~A- \ (, Ii' / PARTS \ i-':- :\ D,:" /;' (ry~ J \ Sorl.1 No, 'J I Phon. . (I f~'::U.:~1 .---'", LABOR PAINT I TOTAL AMOUNT AMOUNT AMOUNT DESCRIPTION OF REPAIRS AND REPLACEMENTS Numbor Amount ---.- ---.-...-.- ----- '/ c '/'i /1,Hlr/f , .. Df (' /.' (' r Tz..- ." J~=- I ~ __J.., ,"-,qA t ~y:/' \ --- ( >.'.x:~/ i / '",:.. ~~u_______. ;--'-(~)(y.(\r ---- -t. -- __1- Total ~ Th. above Is an IIIt1mate baled on our inspection end dool not cover any additional pam or labor which may bft r.qoired eft.r th. work hal b..n openecl up. Occaslonelly .ftor the work is ,tatted, worn or damaged park are discovered which are not evident on the fint Inspection. B.- caus' of thts th. above prices are not quaranteed, and are for immediate acceptance only. To. TOTAL ESTIMATE \ i STATEMENT PETERMAN FARM EQUIPMENT I INC. 225 YORK ROAD CARLISLE. PENNSVLVANIA 17013 ..;./ ,-{ ,.lL C4- . I. 'TATEUr- __tf-.;--tiL-JJ..Jd----- _/L.'\ b D ~~lJ... DATE REFERENCE ~[ C_~.^RGI::S V CREDI1 S B^LAr~CE ~ PFH::I/IOUS BAl.ANCE --- /"""'\ I > ;(;t;;~/r /., V .....<- TIr-' ---- -- i /1.1/) 7k(/L ,(J'J~' t V/OO r,(II '~ - ~-J:I. ,~ ~ -- 1-- , -- d_ - -- - -- - --- ,- ---- - - ---,,- ------- --.-- -- --- .-- -----..- - - -- I- --- -- ,- -" - - - " tH.vY 1I...1....tlCt TERMS: NET CASH. A 1% PER MONTH FINANCE CHARGE IS ADDED ON THE . UNPAID BALANCE ON ACCOUNTS UNPAID AFTER 30 DAYS. THIS IS 12% - .'. ~NNUAL RATE. , REY.4~2 Iloeol COMMDNWEAL TH OF PENNSYLVANIA DEPARTMENT OF REVENUE TRANSFER INHERITANCE TAX RESIDENT DECEDENT ESTATE DF_ SCHEDULE "C" TRANSFERS '" J. W. NEHF INSTRUCTIONS: 1. Answer the questions an reverse side, 2, If the answer to any of the questions an the reverse side is "Yes," provide a description of the property transferred per Schedules "A," liB," or liE," its estimated market value at date of death, dates of transfer, to wham transferred and I I . re ationship of transferees to decedent. Attach a copy of any trust deed or instrument re atlng to the transferred property, I ITEM ESTIMATED I DEPT, VALUATION I NO. DESCRIPTION MARKET VALUE (OFFICIAL USE ONL YI I None None ! , i , TOTAL THIS PAGE None N oJ',v.... 'H'" 0 "~~t~)l:''';:''~'''''': ',',\,~:~,\"T~I' " ,:ii~;,'~'; .'~ /' ~. ~,.. ~ '1 I' ;'~~,il1~"; ..~' J',,' '; " ~. 'i.~_' " ' , " ' -/1' \l'~"" ~"., ,", ,';~;::f:', ' :1-," :.,\" ,'" .;\;t;!f~ ~ll~.,. -;/:,', 1\"'" . f;~~~~:: :~j~".:"~: ..,,;!,,' :l::!~' ~ . .'.;.r..'-;-~'., ,. :;;I~TJI I ~,. .', , ,..."...". ,,:, t'" ,., "/~ ',,:. .~i". . ~;: .!" t~"'i?~:*i::i '.ii, " ' " I, J. W. Nehr, a resident of the Township of Southampton, County of Cumberland and Commonwealth of Pennsylvania, beinR of . sound mind and memory, do make, puhlish and declare this to he my Last Will and Testament, hereby revokin~ any and all Wills by ',.e he,.etofore made. .k~.~:' i ::~..: "''\:': (I: 'J.,'.' ;"~' , \,', ,'" " ' , , t;';'l;\l~~,,!.,~,by dir,ect my Executor, hereinafter named, to my just debts and funeral expenses as may conveniently after my decease. - r. my Executor, hereinafter named, to names, part of thr residue of my estate. all my estate, be it or mixed, to my son, F.d~ar William Nehf, IN TRUST pay the income therefrom to my wife, Kathryn as she lives, and at the death of my wife, Kathryn trust to be divided equally amonR ":";":~:"",:I;I'!',i.,"'",' "','~", ' " ,OURT,H: I hereby nominate, constitute and appoint my son, '~I;ti" :iAi;:q t'~i~i'~~iwhliam Nehf, to be the Executor of this mv L/lst Will and .:):":,1:1.1'!, '~k~"'~""l""', : ", """"1" ',:I~t" " I ""'~'~("\"; e;~;:\l~~r.: '~'\1'.l,'I~',A",' . .. ' ~~~;,~~,'" i,:,,'11est..~nt, and direct that the employ a member of the Law Firm ",,>~:,~,:,..;':"i,:.,.. :1, ~ .,', .." :" ~', ':!~i.'>J.,' of McCrea & McCrea to assist in the lIettlin~ of my estate. :c;,i!, IN WITNESS WHBREOF, I hereunto set my hand and seal to , . ,:" ,'~",', ',j'). ,', .., , ", " . I;:' .....~,.,:' .\," ;,' , 't:,.:~: I, this uiyLast Will and Testament, written on one sheet of paper, "" 'I dated'this ;rrl.J.L, day of September, 1973, .' " I l~~t"J , I -; ','1' '.' ,-,/', (SEAL) I " t . ' This instrument wa~ hv the Testator, ~, W. Nehf, on the datJ h~reof, signed, published and declnrcd hv him to he his Last , , Wi,ll and Testament, in our pre~~n"... Wll" ... l,i~ request and in ;~.: his, -','" ~n, ' Ilnd in the presence of each other, we believinll him :,.,'toba, vt sound and disposinf.' mind and memory, have hereunto :",ubcdbed our names as wi tnesses . //(Ir'. 1~/,:' , ,~ / v' .J.,~ .;.;; I, t ~!, ~:4'.' ,', . ":'~;"~::"~_:!', " ,,:!t.~,,~, ~Ir,.,~.;:,~\:. ,,~""lr~. ;...." ,,",,' ',. RlA'aM're.iA, fl.",*'.: .... ,',"., ~." ... .' '~~IJ II' ,.... ,g......~~ ",,"'-'''-'''-' i".\~'r,~', .i.:~~:ir~;j,~,,,, ,', J. '-f,'; .' / /, i I \'r~" ',-, .' nEV.453 (1.801 COMMONWEALTH OF PENNSVLVANIA OEPARTMENT OF REVENUE TRANSFER INHERITANCE TAX RESIOENT OECEOENT SCHEDULE "0" BENEFICIARIES (Instructions on Reverse Side) Estate of J. Iv. NEllE' *' - SURVIVED DATE OF BENEFICIARIES AND ADDRESSES RELATIONSHIP DECEDENT BIRTH INTEREST OF BENEFICIARY Kathtyn ~l. Nehf wife yes sui iuris Life incorre - R.D.#6, Box 81 -~ SRiWOOsaur:g ,1'a. I-m, Edgar Willian Nehf snn "o~ ",,; ~,,~;~ 1/8 into in renainder ll~~U t'll1eVJ..L.LeD~a~~?~7 M. Grace Delancy dauahter Yes sui iuris 118 into in ""''''''inder ". , . . , , . Charles E. L. Nehf R.D.#2, Shippensburg,Pa. 17257 son yes sui juris 1/8 into in J:errainder vireinia P B1"l'On R.D.#l, Newville, Pa. 17241 daughter yes sui juris 1/8 into in renainder .~ -+.------..----- ------ Mary Ann Bittinger dauahter ""'s ",,; ~",..i" 1 /R in+- in R.El.#6, Sl.il:'t.-=,sLUL'j, Pa. n " Kenneth E. Nehf R. D. #6, Shippensburg, Pa. 17257 son yes sui juris 1/8 into in rerrainder - - ----------- - _.--- ---~------- Vivian C. Nealev dauahter yes ""i ~"~;,, 1 /R ,-~ ,- -- R. D. #2, Shippensburg, Pa. 17257 I Sarah 1. ~ers daughter yes sui iuris 1/8 into in ~ R. D. ~b, Shippensburg, Pa. 17257 , The above beneficiaries are living at this time except for the following: no exception NAME DATE OF DEATH REV,.454 (1-801 COMMONWEAL TH OF PENNSYLVANIA DEPARTMENT OF REVENUE TRANSFER INHERITANCE TAX RESIDENT OECEDENT SCHEDULE "E" JOINTLY OWNED PROPERTY ~~~~ W~' (Instructions on Reverse Side) Estate of J. 1'1. NEHF P TOTAL E VALUE OF DEPARTMEN ITEM R DESCRIPTION MARKET c DECEDENT'S VALUATIO NO. VALUE E INTEREST (Official Us. 011 N T - l. O1ecking Acct. No. 042-620-2, Peoples National Bank ofShippensburg, joint with Kathryn M. (wi e) Nellf (Bal #1,214.62) 0 2. Certificates of Deposit, Peoples National Bank of Shippensburg, joint with wife, I<a::l-u..l" M. Nehf #1522 - $3,000.00 0 #2210 - $1,000.00 0 #4651 - $2,000.00 0 3. Miscellaneous Household goods and fumishings =00 jointly with \~ife, Kathryn M. Nellf 0 4. 1968 01dsrrobile Autorrobile O\'med jointly with wife, Kathryn M. Nellf 0 TOTAL THIS PAGE -0- - 0- PL T N Iy) , INSTRUCTIONS FOR COMPLETING SCHEDULE "E" Schedule "E" must include all property, real and personal, owned by the decedent jointly with another party or parties as joint tenants with right of survivorship. Both tangible and intan(Jible property are to be included. List real estate first. 1. Describe all real property as indicated in the instructions for Schedule" A". Describe all personal property as indicated in the instructions for Schedule "B". Include the name, address and relationship to the decedent of the co.owner (s) and the date tile joint ownership was established. 2. Indicate the total market value of the jointly owned property. 3. Indicate the percentage of the decedent's interest. 4. Indicate the market value of the decedent's interest. c '" 0 n 6 M ;J> ::;; Z ;J> 0 0 tIl 0 - Cl n c 0 ...., 7- ... Z t"" M M ;>; Yo :.. 9 - 0 t"" ::0 Z 7- Z M ...., M -I P 9 -I >< OJ> tT1 - tIl % 0 OJ> 0 -I 0 "T1 E. I '"r1 ::0 ~ I~ ~ 0 1::0 "11 I~ <4 - "11 0 - . Z C"l 1>1 1 1- I~ :;: I~ I'" t"" , l~ ~ C 0- ] tIl tT1 , 0 I <Xl Z W I-' t"" , . >< I I ..:: ..:: ~ ~ M tT1 ~ ~ :.. I ::0 ::0 . i r I I i .. '. '1\:): pennsylvania Depart:ncnt of Revenue Bureau of County Collections l"I:alI : RE: Estate of J. W. Nellf or ,T. l'ji11 iAm IJphf. nr lIli]1i.m N9l:1f Deceased Date of Death: April 2. 1980 It is rereby certified that the above-narred decedent had, on the above date, the following accounts with us: A. CHEX::KIN3 Jl.lXX)UNl'S Acooont No. 01;2-620-2 Title of J\coount lute Opened Balance Jo~eph W. or Kat.hryn M. Nehf December :>0, 1969 $1,214,.62 B. SAVING> AOX>UNTS J\coount No. .J ,i..' , I, Title of J\coount Date Opened NONE C. CERl'IFICATES OF DEPOSIT NuIri:ler Owner. Date Face Value #1522 Joseph I,". l'r Kathryn M. Nehf Jnn 1, 1970 $3000.00 $45.26 2210 Joseph W. or Kn. t.hryn M. Nnhf liay 1, 1971 1000.00 55.:>8 4651 Jose,ph W. or Kn tJ,ry" M. Nehf Dec 1, 1975 2000.00 1.3.65 Date: A PI! 2 8 \980 THE PfOPlE~ _~fi:PPF,,~~~~~e~~~mL_------_. - , . H. ,7257 By ,:10 J f'. ~.A ~l':V.oleol t:: X I 2..~OJ ' INHERITANCE TAX SUMMi\R'{ 3HEET (13~REA~ ~,S~g~L_~) Fi I e Number _____~~::~0-.31} Estate Name ._m.J.._I'1.NEHF Date of Death __A2E~~_ 2, 1980 Social Security Number __180:-09-9162A REPORT OF INHERITANCE TAX APPRAISER I, the undersigned duly eppoinled Inheritonce Tox Approis.r in end for the County ef Cunberland Pennsylvania, do respectfully report that I have appraised the real and personal property as reported in the foregoing return at the values set forth opposite each item in the last column to the right in Schedules IlA", "BIl, lIe", and liE" Oeted: ,2- -<!r-II .,$/./ H : 'l / -I[ /o'i1 ~"I ) INHERiTANCE T^I<. APPR^ISEr, Real Property (Schedule A) Personal Property (Schedule B) Jolnt.Held Property (Schedule E) Transfers (Schedule C) S VALUE AS APPRAISED ADJUSTMENTS CODE (HARRISBURG USE ONLY) REMAINDER APPRAISEMENT CODE INVENTORY --------------.--- - --- -----.- TOT AL GROSS ASSETS Lcsn Debts ond Deductions (SCHEOULE F) CLEAR VALUE OF ESTATE Valuation of life estates or annuities. . . . . . . . . . . . . . ~ 46,000 00 OO~. 400 00 '0+ 0 20+ 0. 30+ ,,46,400 00 6,065 39 40- --- 40,334 61 FACTOR --- ._------~-.,.-----.......,.-~--------- .-~.---_._--_._--_.._- ~-_.--------- FOR USE OF REGISTER ONLY Tal< on S Tal< on S Tax on S Tox on S Tax on 5 ExcrnpliclIls Total Estate ___n TOTAL TAX INTEREST FROM !lALANCE Lo:!ss Credits OATE OF PAYMENT AMOUNT PAlO , CODE 60;' 15". TO OISCOUNT + S BALANCE INTEREST FRO'" ----- BALANCE OU~ 'fa PRINCI PL E VALUE COMPUTATION OF TAX S S S -----.-------- S S ____.______.__. S ---.....--'. S -.-------- INTEREST TAX CREOIT S S = S. .------ s ____...... :.. --_.__._~-_._-- 92+ 93.. COOE b_ I '" Q ~ ~ ~ ~ :>- . ..:l g- o z !e !e :c! '" 0 "" ~ OJ Z C tIl 0 '0 ::l ...., 'M ~ ..:l ,:. ~ .c CIl .... -( .. - ..., .c OJ M U Z ...., ~ .0 ~ Lt\ - 0 ::l ro !3 '" - 0 '" ~ CIl X U 0 0 ci ~ ro '" '" 0 Z !-< 0 tIl ci tIl ~ tIl :>- !-< ci - ~ z z E !-< ~ Z ..:l ci i ci ~ ~ ~ ~ ..:l Z Z c:l u ~ Z ~ ~ '" ~ 8 0 - ~ c:l '" ..:l GENERAL INHERITANCE TAX INFORMATION Unsatisfied liabilities incurred by the decedent prior to his/her death are deductible against his/her taxable estate. In addition to debts incurred by the decedent or estate, other items are claimable including the cost of administration, attorney fees, fiduciary fees, funeral and bu'fial expenses including the cost of a burial lot, tombstone or grave marker. All debts being claimed against an estate are subject to the approval of the Register of Wills with whom the Inheritance Tax Return is filed, Evidence to support the decedent's or the estate's liability for the debts being claimed should be attached to this schedule, A family exemption of $2,000 may be claimed by a spouse of a decedent who died domiciled in Pennsylvania. If there is no spouse, or if the spouse has forfeited his/her rights, then any child of the decedent who is a member of the same household can claim the exemption. In the event there is no such spouse or child, the exemption can be claimed by a parent or parents who are members of the same household as the decedent, r- 'd 0 n ~ tT1 ~ !i z )> 0 0 VJ Cl n c: 0 '"'I Z 3: z t"' tT1 tT1 :>:: z :>:l )> 0 - 9 t"' Z Z tT1 '"'I t'l '"'I Z 9 9 '"'I -< tJ'J tT1 - VJ Z 0 tJ'J 0 '"'I 9 "I1 "I1 :>:l ~ ~ 00:<1 0 go c.., - "l l~ . 0 "l - n ;<: z n i - )> l'J ~~ ! t"' i c:: '" , OJ t"l 'Ufo" 0 III Z . ~ fo" -< -< ..., tT1 t<1 ~ IV ;.- )> U1 ;>::l ;>::l ..., INSTRUCTIONS FOR COMPLETING SCHEDULE "F" 1, If the family exemption is being claimed, indicate the claimant's name, address and his/her relationship to the decedent. Enter "family exemption" in the remarks column and the amount claimed in the amount column. 2, Assign consecutive numbers to each item listed. 3. Enter the date on which each debt was incurred and/or paid. 4. Enter the names of each payee, 5, Provide a brief explanation in the remarks column for each debt claimed, 6, Enter the amount of each debt being claimed. 7, The form must be signed by the person who has assumed the responsibility for paying the debts, ,i I .._IIPS_ --~. -- -- -- -- ..----- -- -- -------.. I dREV'h82E" , Ill.tcV\l', ' . COMMONWEALTH OF PENNSYLVANIA 4 :~'B: ' ' DEPARTMENT OF REVENUE \ 1~:i:.KO.0033'7 OFFICIAL RECEIPT' PENNSYLVANIA INHERITANCE AND ESTATE TAX I -- I \ ; II , = I "(''\ 1 ~ij :RECEIVED , I FROM , 1 ADDRESS I , I \ I ' I 2 ---.- ~ TAX AT 6% TAX AT 15% TAXAT_% ESTATETAX lITewv111e, 'a. TOTAL TAX CREDIT 2,420.01 .------------------------------------------- ESTATE INFORMATION: "''''r11 2 1980 DA IE OF DEATH <>r ' FILE NUMBER 21-80-313 LESS DISCOUNT DATE OF PAYMENT December 8, 1980 PLUS % INTEREST (FROM TO_I , '/'lAME OF DECEDENT J. 11. oar G , dII CWllberlan4 t~~~~~____________________________________ ~ POSTMARK DATE REMARKS "PAID Dill ACCOml'l'" TOTAL AMOUNT PAID 2,420.01 RECEIVED BY , ---.,-'" " " . / " r:.z/ , / / I ,/ 'I ", ;'" .: /, ,- .... I ..- c....... ~ - \ - ' ./ j-{.A..-"l/ ( MaI:,,5t!~AYW1r1 ReCJlster of 111118 SEAL REGISTER OF WILLS -------- INFORMATION To insure proper credit to your account, tile Ilnmc of tho OSlfltc and fila numbor should bo clearly print- ed on tlltl chuck Of money order This assessmont is mnde ill nccordnncl' with Soction 108 of tho InhmilancfJ and ESliJlO Tnx ACl of 1961 (72 P,S, 9 2485,7081, To the extent that inheritance lflx is paid within throo (3) months of lor the death of the decedent, a discount of five 151 percont is allowod 172 p,s, 9 2485.7161, Inheritance Tax. other than tax on a future interesl, is duo at the date of the decoden!'!> death and becomes delinquent at the expiration of nino (9) months afler the decedent's death (72 P.S. S 2485.711). Inheritance Tax on a future interest is payable wilhin three (3) months after the transfer lakes effect in possession and enjoyment and is delinquent thereafter (72 P.S. 9 2485.712). CalculalEl intercsl from tho delinquenl date shown on the face of t!lis form to the date al actual payment using the fallawing interest table: --------------------------------.-- ------------- - - ----------------- -- -- - ---- 1 month ,005 4 manths .020 7 months ,035 10 months ,050 2 months ,010 5 months ,025 8 months ,040 11 months ,055 3 months ,015 6 months ,030 9 months ,045 12 months ,060 1 days ,00017 11 days ,00186 21 days ,00352 2 days ,00034 12 days ,00203 22 days ,00369 3 days ,00051 13 days ,00220 23 days ,00386 4 days ,00068 14 days ,00237 24 days ,00403 5 days ,00085 15 days ,00250 25 days .00420 6 days ,00101 16 days ,00267 26 days ,00437 7 days ,00118 17 days ,00284 27 days ,00454 8 days ,00135 18 days ,00301 28 days ,00471 9 days .00152 19 days ,00318 29 days .00488 10 days ,00169 20 days ,00335 30 days ,00500 ----- ------ --------- - -- - --- --- --- -- - - ---- -- - --- ----- - - - --------- ------ Any party in interest, including the Commonwealth and the personal representative. not satisfied with the assessment may object thereto within sixty (60) days afler receipt of this Notice as provided by Section 1001 of tho Inheritance and Estato Tax Act of 1961 172 P.S, 9 2485,10011, Make check or money order payable to; "Register of Wills, Agent" Mail to the address listed below: