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HomeMy WebLinkAbout99-05452 v SUSAN R. MUMMA, TRUSTEE, ROBERT M. MUMMA, II GRANTOR RETAINED ANNUITY TRUST, . IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA Plaintiff V. NO. q9 - 5'1 S?Z GEMINI EQUIPMENT COMPANY, INC., n/k/a GEMINI EQUIPMENT BUSINESS TRUST, Defendant CIVIL ACTION - LAW NOTICE TO DEPEND YOU HAVE BEEN SUED IN COURT. If you wish to defend against the claims set forth in the following pages, you must take action within twenty (20) days after this Complaint is served, by entering a written appearance personally or by attorney and filing in writing with the Court your defenses or objections to the claims set forth against you. You are warned that, if you fail to do so, the case may proceed without you and a judgment may be entered against you by the Court without further notice for any money claimed in the document or for any other claim or relief requested by the Plaintiff. You may lose money or property or other rights important to you. YOU SHOULD TAKE THIS PAPER TO YOUR LAWYER AT ONCE. IF YOU DO NOT HAVE A LAWYER OR CANNOT AFFORD ONE, GO TO OR TELEPHONE THE OFFICE SET FORTH BELOW TO FIND OUT WHERE YOU CAN GET LEGAL HELP. As provided by Pennsylvania Rules of Civil Procedure No. 1018.1, the following officer is designated to be named in the Notice to Defend in order to find out where legal help can be obtained. Cumberland County Bar Association 2 Liberty Avenue Carlisle, PA 17013 (717) 249-3166 SUSAN R. MUMMA, TRUSTEE, ROBERT M. MUMMA, II GRANTOR RETAINED ANNUITY TRUST, Plaintiff V. GEMINI EQUIPMENT COMPANY, INC., n/k/a GEMINI EQUIPMENT BUSINESS TRUST, Defendant IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA NO. 99- 5-V S-2- 04,.-,e T+ CIVIL ACTION - LAW COMPLAINT AND NOW, comes Plaintiff, Susan R. Mumma, Trustee, Robert M. Mumma, II Grantor Retained Annuity Trust, by and through her attorneys, Wix, Wenger & Weidner, and files this Complaint, stating the following: 1. 2. 3. 4. Plaintiff is Susan R. Mumma, Trustee, Robert M. Mumma, II Grantor Retained Annuity Trust, whose current address is 244 North Lewisberry Road, Bowmansdale, PA 17008. Defendant is Gemini Equipment Company, Inc., n/k/a Gemini Equipment Business Trust, whose current business address is Box E, Bowmansdale, PA 17008. Defendant is the owner of that certain parcel of land which is fully described on Exhibit A hereto, which is incorporated herein by reference as if fully set forth (herein, the "Property"). On or about May 30, 1985, in connection with the granting of a mortgage, Defendant made, executed and delivered a promissory note (herein, the "Note") to Colston Nauman Moore, Spencer Gilbert Nauman, Jr., and Ernest S. Burch, Trustee under the Will of Gertrude Nauman, Deceased, and Spencer Gilbert Nauman, Jr., in his own right (herein, the "Assignors"). 5. On or about September 3, 1996, Assignors assigned the Note to Plaintiff by a written assignment duly executed by Plaintiff. 6. There has been no further assignment of the Note. 7. Defendant is in default of the Note for failure to make payments due thereunder. 8. The following amounts are due from Defendant under the Note: Principal Balance: $563,532.58 Interest from 9/3/96 to 9/2/99 at 10$ per annum: $168,905.39 Per diem Interest: 9/3/99: $ 154.39 5% Attorneys Commission: $ 28.176.63 TOTAL: $760,768.99, plus per diem interest at the rate of $154.39 from September 4, 1999 and the costs of this action. WHEREFORE, Plaintiff respectfully requests that this Honorable Court enter judgment in favor of Plaintiff and against Defendant in the amount of $769,768.99, plus per diem interest at the rate of $154.39, costs of this action, and such other relief as this Court deems just and appropriate. f Respectfull/ ?Mbmitted, € WIX, WEN " ?/WEIDNER By: teve R. Williams I.D.#62051 508 N rth Second Street Post Office Box 845 Harrisburg, PA 17108-0845 (717) 234-4182 Date: Attorneys for Plaintiff C:\SRN\DOCUMENTS\MUMMA2.CCM-September 3, 1999 EXHIBIT A ALL THAT CERTAIN tract or parcel of land being situate in Upper Allen Township, Cumberland County, Pennsylvania, shown as Lot 6 as described on a Two Lot Subdivision Plan for Gemini Equipment Business Trust dated April 13, 1999 as prepared by Melham Associates, PC, recorded in Cumberland County, Plan Book 79, Page 73, more particularly bounded and described as follows, to wit; BEGINNING at a point on the southern right-of-way line of East Lisburn Road (S.R. 0114), a 50 foot wide street, said point being the northwestern corner of Lands N/F Ralph S. Bailey; THENCE along the western line of said lands South 15 degrees 09 minutes 19 seconds East a distance of 661.60 feet to an iron pin; THENCE continuing along same, North 62 degrees 16 minutes 10 seconds East a distance of 837.03 feet to an iron pin; THENCE continuing along same, South 00 degrees 28 minutes 52 seconds West a distance of 171.16 feet to an iron pin; THENCE through other lands N/F of Gemini Equipment Company, the following courses and distances South 00 degrees 54 minutes 20 seconds East a distance of 365.72 feet to a point; 1) THENCE South 66 degrees 12 minutes 37 seconds West a distance of 513.24 feet to a point; 2) THENCE along a curve to the right having a radius of 725.00 feet and an arc length of 469.60 feet, said arc being subtended by a chord of South 84 degrees 45 minutes 59 seconds West a distance of 461.44 feet to a point; 3) THENCE along a curve to the right having a radius of 325.00 feet and an arc length of 408.24 feet, said arc being subtended by a chord of North 40 degrees 41 minutes 31 seconds West a distance of 381.93 feet to a point; 4) THENCE North 04 degrees 42 minutes 23 seconds West a distance of 200.74 feet to a point; 5) THENCE along a curve to the left having a radius of 775.00 feet and an arc length of 201.57 feet, said arc being subtended by a chord of North 12 degrees 09 minutes 26 seconds West a distance of 201.00 feet to a point; 6) THENCE North 19 degrees 36 minutes 29 seconds West a distance of 196.72 feet to a point; 7) THENCE along a curve to the right having a radius of 25.00 feet and an arc length of 39.27 feet, said arc being subtended by a chord of North 25 degrees 23 minutes 31 seconds East a distance of 35.36 feet to a point, said point being on the souther right-of-way line of East Lisburn Road (S.R. 0114); and 8) THENCE along said right-of-way line North 70 degrees 23 minutes 31 seconds East a distance of 392.36 feet to a point, the PLACE OF BEGINNING. CONTAINING: 765,2 57.72 feet square feet or 17.570 acres, more or less. C:SRH\DOCUMENT MEN M. LEG VERIFICATION I, Susan R. Mumma, Trustee, Robert M. Mumma, II Grantor Retained Annuity Trust, Plaintiff in the foregoing Complaint, have read the foregoing Complaint and hereby affirm and verify that it is true and correct to the best of my personal knowledge, information and belief. I verify that all of the statements made in the foregoing are true and correct and that false statements made therein may subject me to the penalties of 18 Pa.C.S.A. Section 4904, relating to unsworn falsification to authorities. J( Susan R. Mumma, Trustee, Robert M. Mumma, II Grantor Retained Annuity Trust DATE: /S?7 CI n ? ? 7 T w h G)? P; LU o z w Q W ? < o z x o z ? ? < o m < > ? a r 2 W w u ? U 0 x t o z w N "a 0 a ^ 7- o o F _ p i co o m X ? 4 2 SUSAN R. MUMMA, TRUSTEE, ROBERT M. MUMMA, II GRANTOR RETAINED ANNUITY TRUST, Plaintiff V. GEMINI EQUIPMENT COMPANY, INC., n/k/a GEMINI EQUIPMENT BUSINESS TRUST, Defendant TO THE PROTHONOTARY: IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA NO. 0ko\- Su\JZ CIVtt_ TC17M CIVIL ACTION - LAW PRAECIPE Pursuant to the Stipulation of Parties attached hereto, please enter judgment in this case in favor of Plaintiff and against Defendant in the amount of $760,768.99, plus per diem interest at the rate of $154.39 and the costs of this action. Respectful Submitted, WIX, WE & WEIDNER By: u Ste n R. Williams I.D.#62051 508 orth Second Street Post Office Box 845 Harrisburg, PA 17108-0845 (717) 234-4182 Date: Attorneys for Plaintiff ?j1 1 15? I SUSAN R. MUMMA, TRUSTEE, ROBERT M. MUMMA, II GRANTOR RETAINED ANNUITY TRUST, Plaintiff V. GEMINI EQUIPMENT COMPANY, INC., n/k/a GEMINI EQUIPMENT BUSINESS TRUST, Defendant IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA NO. 179 - y&-) S 2. C I V 1 1. 7- 17 M CIVIL ACTION - LAW STIPULATION OF PARTIES AND NOW, come Plaintiff and Defendant, by and through their respective undersigned counsel, and enter into this Stipulation of Parties, stating the following: 1. Defendant admits paragraphs 1 - 8 of Plaintiff's Complaint 2. 3 4 filed in this case. Plaintiff is entitled to a judgment against Defendant in the amount of $760,768.99, plus per diem interest at the rate of $154.39 and the costs of this action. The Cumberland County Prothonotary is hereby authorized and directed to enter judgment in this case upon Praecipe of Plaintiff in favor of Plaintiff and against Defendant in the amount of $760,768.99, plus per diem interest at the rate of $154.39 and the costs of this action. The undersigned counsel for Plaintiff and Defendant certify to this Court that they each have authority to enter into this Stipulation on behalf of their respective clients. Respectfully Submitted: Wix, Wenc j A Weidner Mil By: By: 508VNorth Second Street P.O. Box 845 Harrisburg, PA 17101 Attorneys for Plaintiff Date: qH l t7 erw\dme nts\nvmia.sti-Septenber 3, 1999 130 State Street Harrisburg, PA 17101 Attorneys for Defend Date: 07 )? 5 a3 \ rc) 9 ? Q• o to u 1 v 04 ul z w o m F-I W $ H N ? ? n N S X ? V 4h ° < V m z A n' w w N 0 u LL I L ^_ ^' U Z F d O w a "s O C z CD Q a m 0 h x SUSAN R. MUMMA, TRUSTEE, ROBERT M. MUMMA, II GRANTOR RETAINED ANNUITY TRUST, Plaintiff V. GEMINI EQUIPMENT COMPANY, INC., n/k/a GEMINI EQUIPMENT BUSINESS TRUST, Defendant IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA NO. ??- j u?s L C \V 11-TE12M CIVIL ACTION - LAW ACCEPTANCE OF SERVICE I, Luther E. Milspaw, Jr., Esquire, hereby accept service of the Complaint in this case on behalf of the Defendant and certify that I am authorized to do so. Respectfully Submitted, MilspaW & By: 130 State Street Harrisburg, PA 1710 (717) 236-0781 Attorneys for Defendant Date: q)-r)S$ ;, • L. J " ??: l 'l i 1' ;J .? ?J ??;? _. ? r- V: ? t?. Q1 . J U c:, SUSAN R. MUMMA, TRUSTEE, ROBERT M. MUMMA, II GRANTOR RETAINED ANNUITY TRUST, IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA Petitioner V. NO. 99-5452 CIVIL TERM GEMINI EQUIPMENT COMPANY, INC., NWa GEMINI EQUIPMENT BUSINESS TRUST, Respondent CIVIL ACTION - LAW N ORDER AND NOW, this -M-9 day of v t- , 2000, upon consideration of the foregoing Petition, it is hereby ORDERED that: 1) a Rule is issued upon Respondent to show cause why the Petitioner is not entitled to the relief requested; 2) the Respondent shall file an answer to the Petition within twenty (20) days of service of the Petition on Respondent; 3); an evidentiary hearing on the Petition shall be held on A'LV X )mu'r3/ -- , ?OPO, at i % 4.m. in Courtroom number Cumberland C mty ..lagurthouse; and ?ti . . r 4)-Petitioner shall serve on Respondent a copy of the Petition and this Order at tJ Q Qg- U -- By the Court: 3? R?,S SUSAN R. MUMMA, TRUSTEE, ROBERT M. MUMMA, II GRANTOR RETAINED ANNUITY TRUST, Petitioner V. GEMINI EQUIPMENT COMPANY, INC., n/k/a GEMINI EQUIPMENT BUSINESS TRUST, Respondent IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA NO. 99-5452 CIVIL TERM CIVIL ACTION - LAW AND NOW, comes Petitioner, Susan R. Mumma, Trustee, Robert M. Mumma, II Grantor Retained Annuity Trust, by and through her attorneys, Wix, Wenger & Weidner, and files this Petition to Fix Value of Real Estate pursuant to 42 Pa.C.S, § 8103, stating the following: 1. Petitioner is Susan R. Mumma, Trustee, Robert M. Mumma, II Grantor Retained Annuity Trust, whose current address is 244 North Lewisberry Road, 2. 3. 4. Bowmansdale, PA 17008. Respondent is Gemini Equipment Company, Inc., n/k/a Gemini Equipment Business Trust, whose current business address is Box E, Bowmansdale, PA 17008. On September 8, 1999, Petitioner entered judgment in this case against Respondent for the sum of $760,768.99, plus costs and per diem interest at the rate of $154.39. At the same time, Petitioner entered judgment against Respondent for the sum of $760,768.99, plus costs and per diem interest at the rate of $154.39 in a related mortgage foreclosure action docketed in this Court to number 99-5453 CIVIL TERM (herein, the "Foreclosure Judgment'). 5. This action and the Foreclosure Judgment action relate to that certain parcel of real estate located in Upper Allen Township, Cumberland County, more particularly described on Exhibit A hereto, which is incorporated herein by reference as if fully set forth (herein, the "Real Estate"). 6. On December 8, 1999, in execution of the Foreclosure Judgment, Petitioner caused the sale of the Real Estate by the Cumberland County Sheriff. 7. On the date of the sale, the interest due on the Foreclosure Judgment amounted to $14,677.05, and the costs due Petitioner amounted to $1,554.68. 8. The Petitioner was the purchaser at the said sale of the Real Estate for the amount of $1.00. 9. Petitioner knows of no one who is or may be directly or indirectly liable to Petitioner for the payment of the judgment in this case and the Foreclosure Judgment other than Respondent. 10. The assessed value of the Real Estate as of June 8, 1999 was $2,203.56. 11. The fair market value of the Real Estate as of the date of the said sale was $147,520.00. 12. There are no prior liens, costs, taxes or municipal claims that were not discharged by the sale of the Property. There was no distribution on the sale of the Real Estate for any such items. WHEREFORE, Petitioner respectfully requests that this Honorable Court fix the fair market value of the Real Estate at $147,520.00. Respectfully WIX, WEN,(WR & WEIDNER ! Steven R. Williams I.D.#62051 508 North Second Street Post Office Box 845 Harrisburg, PA 17108-0845 (717) 234-4182 Date: 312-Z)1 Attorneys for Petitioner 0? F.\SM\5893 (MUMMA)\10470 (GRAT FORECLOSURE)MOCUMENTS\MUMMA FMV PET.doc-March 20, 2000 EXHIBIT A ALL THAT CERTAIN tract or parcel of land being situate in Upper Allen Township, Cumberland County, Pennsylvania, shown as Lot 6 as described on a Two Lot Subdivision Plan for Gemini Equipment Business Trust dated April 13, 1999 as prepared by Melham Associates, PC, recorded in Cumberland County, Plan Book 79, Page 73, more particularly bounded and described as follows, to wit; BEGINNING at a point on the southern right-of-way line of East Lisburn Road (S.R. 0114), a 50 foot wide street, said point being the northwestern corner of Lands N/F Ralph S. Bailey; THENCE along the western line of said lands South 15 degrees 09 minutes 19 seconds East a distance of 661.60 feet to an iron pin; THENCE continuing along same, North 62 degrees 16 minutes 10 seconds East a distance of 837.03 feet to an iron pin; THENCE continuing along same, South 00 degrees 28 minutes 52 seconds West a distance of 171.16 feet to an iron pin; THENCE through other lands N/F of Gemini Equipment Company, the following courses and distances South 00 degrees 54 minutes 20 seconds East a distance of 365.72 feet to a point; 1) THENCE South 66 degrees 12 minutes 37 seconds West a distance of 513.24 feet to a point; 2) THENCE along a curve to the right having a radius of 725.00 feet and an arc length of 469.60 feet, said arc being subtended by a chord of South 84 degrees 45 minutes 59 seconds West a distance of 461.44 feet to a point; 3) THENCE along a curve to the right having a radius of 325.00 feet and an arc length of 408.24 feet, said arc being subtended by a chord of North 40 degrees 41 minutes 31 seconds West a distance of 381.93 feet to a point; 4) THENCE North 04 degrees 42 minutes 23 seconds West a distance of 200.74 feet to a point; 5) THENCE along a curve to the left having a radius of 775.00 feet and an arc length of 201.57 feet, said arc being subtended by a chord of North 12 degrees 09 minutes 26 seconds West a distance of 201.00 feet to a point; 6) THENCE North 19 degrees 36 minutes 29 seconds West a distance of 196.72 feet to a point; 7) THENCE along a curve to the right having a radius of 25.00 feet and an arc length of 39.27 feet, said arc being subtended by a chord of North 25 degrees 23 minutes 31 seconds East a distance of 35.36 feet to a point, said point being on the souther right-of-way line of East Lisburn Road (S.R. 0114); and 8) THENCE along said right-of-way line North 70 degrees 23 minutes 31 seconds East a distance of 392.36 feet to a point, the PLACE OF BEGINNING. less. : 765,257.72 feet square feet or 17.570 acres, more or CSMDOCUMENT&GEMINIIEG I, Susan R. Mumma, Trustee, Robert M. Mumma, II Grantor Retained Annuity Trust, Petitioner in the foregoing Petitioner, have read the foregoing Petition and hereby affirm and verify that it is true and correct to the best of my personal knowledge, information and belief. I verify that all of the statements made in the foregoing are true and correct and that false statements made therein may subject me to the penalties of 18 Pa.C.S.A. Section 4904, relating to unsworn falsification to authorities. Susan R. Mumma, Trustee, Robert M. Mumma, II Grantor Retained Annuity Trust Date SUSAN R. MUMMA, TRUSTEE, IN THE COURT OF COMMON PLEAS OF ROBERT M. MUMMA, II GRANTOR CUMBERLAND COUNTY, PENNSYLVANIA RETAINED ANNUITY TRUST, Petitioner V. NO. 99-5452 CIVIL TERM GEMINI EQUIPMENT COMPANY, INC., n/k/a GEMINI EQUIPMENT BUSINESS TRUST, Respondent CIVIL ACTION - LAW I hereby certify that the foregoing Petition to Fix Fair Value of Real Estate was sent by first class mail, postage prepaid this day to the following: Luther E. Milspaw, Jr., Esquire 130 State Street Harrisburg, PA 17101 (717) 236-!1781 Attorneys for Respondent Date: Respectfully Submitted, WIX, WENGER & WEIDNER g. JIM, kj Je ette L. Roberts, Paralegal 50 North Second Street P.O. Box 845 Harrisburg, PA 17108-0845 (717) 234-4182 Attorneys for Defendant cl. ( J i 4 2000 I SUSAN R. MUMMA, TRUSTEE, ROBERT M. MUMMA, II GRANTOR RETAINED ANNUITY TRUST, Petitioner IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA v• NO. 99-5452 CIVIL TERM GEMINI EQUIPMENT COMPANY, INC., n/k/a GEMINI EQUIPMENT BUSINESS TRUST, Respondent CIVIL ACTION - LAW ANSWER OF RESPONDENT TO PETITION TO FIX FAIR VALUE OF REAL ESTATE AND NOW, comes Respondent, Gemini Equipment Company, Inc., n/k/a Gemini Equipment Business Trust, by and through its counsel, Milspaw & Beshore, and files this Answer, stating the following: 1. Admitted. 2. Admitted. 3. Admitted. 4. Admitted. 5. Admitted. 6. Admitted. 7. Admitted. 8. Admitted. 9. Admitted. 10. Admitted. 11. Admitted. 12. Admitted. Date ql N Respectfully Submitted, MILSP & ES By: Lu her Milsp Jr., Esquire 130 State Street Harrisburg, PA 17101 (717) 236-0781 Attorneys for Respondent 2 VERIFICATION I, lU st K ukmi it , Fairgoasr of Respondent in the foregoing Answer, have read the foregoing Answer and hereby affirm and verify that it is true and correct to the best of my personal knowledge, information and belief. I verify that all of the statements made in the foregoing are true and correct and that false statements made therein may subject me to the penalties of 18 Pa.C.S.A. Section 4904, relating to unsworn falsification to authorities. 7l71?` Date: MI Ic)( SUSAN R. MUMMA, TRUSTEE, ROBERT M. MUMMA, II GRANTOR RETAINED ANNUITY TRUST, Petitioner V. GEMINI EQUIPMENT COMPANY, INC., n/k/a GEMINI EQUIPMENT BUSINESS TRUST, Respondent . IN THE COURT OF COMMON PLEAS OF . CUMBERLAND COUNTY, PENNSYLVANIA NO. 99-5452 CIVIL TERM CIVIL ACTION - LAW CERTIFICATE OF SERVICE I certify that the foregoing Answer was sent by United States first class mail, postage prepaid, this day to the following: Steven R. Williams, Esquire Wix, Wenger & Weidner 508 North Second Street P.O. Box 845 Harrisburg, PA 17108-0845 Attorneys for Petitioner Respectfully Su4tnitted, By: Date:" I + C? der E. Milspaw,lJr., Esquire 130 State Street Harrisburg, PA 17101 (717) 236-0781 Attorneys for Respondent Ccf" c lfl C.. r - C., C, s w O a m = a w z a N ? W m > o LLJ a R l m J m N N m N W % 2 N d > i ? O m 2 a a ? N n_ Q 0 O a a i a 0 a ? N ? a f a I eweaiu•.oaaiu new ue•ie]nw CN 11e01 W1kJM ma,, SUSAN R. MUMMA, TRUSTEE, ROBERT M. MUMMA, II GRANTOR RETAINED ANNUITY TRUST, Plaintiff V. GEMINI EQUIPMENT COMPANY, INC., n/k/a GEMINI EQUIPMENT BUSINESS TRUST, Defendant IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA CIVIL ACTION - LAW NO. 99-5452 CIVIL TERM AND NOW, this I'A day of June, 2000, upon consideration of the Stipulation of Parties filed in the above matter on May 31, 2000, the hearing previously scheduled in this matter for May 31, 2000, is cancelled. Cl) CJ ? t U' L =' gievcajk Williams, Esq. 900 Nath Second Street P.0, Box 845 Harrisburg, PA 17101 Attomey for Plaintiff Luther E. MiIspaw, Jr., Esq. 130 State Street Harrisburg, PA 17101 Attorney for Defendant BY THE COURT, J :rc 6-.2-00 -' k's SUSAN R. MUMMA, TRUSTEE, ROBERT M. MUMMA, II GRANTOR RETAINED ANNUITY TRUST, Petitioner V. GEMINI EQUIPMENT COMPANY, INC., n/k/a GEMINI EQUIPMENT BUSINESS TRUST, Respondent IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA NO. 99-5452 CIVIL TERM CIVIL ACTION - LAW ORDER AND NOW, this y ?S` ? of MZT, 2000, upon consideration of Petitioner's Petition to Fix Fair Market Value of Real Estate and the Answer thereto filed by Respondent, which admits the fair market value of the Real Estate, and the attached Stipulation of the Parties, it is hereby ORDERED, DECLARED and DECREED that the fair market value of the Real Estate, as defined in Petitioner's Petition to Fix Fair Market Value of Real Estate, is set at $147,520.00 as of December 8, 1999, the date of the foreclosure sale. By the Court: , O J? esley Oler, Jr. F:1srw\5893 (MUMMA)110470 (GRAT FORECLOSURE)MOCUMENT&FMV ORDER.doc 6?1, . _ ' L -S-o 0 RKS SUSAN R. MUMMA, TRUSTEE, ROBERT M. MUMMA, II GRANTOR RETAINED ANNUITY TRUST, Petitioner V. IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA NO. 99-5452 CIVIL TERM GEMINI EQUIPMENT COMPANY, INC., n/Wa GEMINI EQUIPMENT BUSINESS TRUST, Respondent CIVIL ACTION - LAW AND NOW, come Petitioner and Respondent, by and through their respective undersigned counsel, and enter into this Stipulation of Parties, stating the following: 1. Petitioner filed its Petition to Fix Fair Market Value (the "Petition") in this case on March 22, 2000. 2. In its Petition, Petitioner alleged that the fair market value of the subject property, which is unimproved farm land and is more specifically described in the Petition, and the attached legal description (the "Real Estate"), was $147,520.00 as of the date of the mortgage foreclosure sale that occurred on December 8, 1999. 3. Respondent filed its answer to the Petition on or about May 12, 2000. 4. In its answer, Respondent admitted all of the paragraphs of the Petition, including Petitioner's allegation of value. 5. Because there is no dispute between the parties as to the fair market value of the Real Estate as of the date of the foreclosure sale, Petitioner is entitled to an Order fixing the fair market value of the Real Estate at $147,520.00. 6. The undersigned counsel for Petitioner and Respondent certify to this Court that they each have authority to enter into this Stipulation on behalf of their respective clients. Respectfully Submitted: Wix, Wefiger & Weidner 'Steven R. Williams 508 North Second Street P.O. Box 845 Harrisburg, PA 17101 Attorneys for Petitioner Date: 016 /' 130 State Street Harrisburg, PA 17101 Attorneys for Respondent Date: M t y r F:\srw\5893 (MOMMA)\10470 (GRAT FORECLOSURE)WOCUMENTS\FMV STIP.dx ALL THAT CERTAIN tract or parcel of land being situate in Upper Allen Township, Cumberland County, Pennsylvania, shown as Lot 6 as described on a Two Lot Subdivision Plan for Gemini Equipment Business Trust dated April 13, 1999 as prepared by Melham Associates, PC, recorded in Cumberland County, Plan Book 79, Page 73, more particularly bounded and described as follows, to wit; BEGINNING at a point on the southern right-of-way line of East Lisburn Road (S.R. 0114), a 50 foot wide street, said point being the northwestern corner of Lands N/F Ralph S. Bailey; THENCE along the western line of said lands South 15 degrees 09 minutes 19 seconds East a distance of 661.60 feet to an iron pin; THENCE continuing along same, North 62 degrees 16 minutes 10 seconds East a distance of 837.03 feet to an iron pin; THENCE continuing along same, South 00 decrees 38 minutes 52 seccnds West a distance of 171,16 feet to an iron pin; THENCE through other lands N/F of Gemini Equipment Company, the following courses and distances South 00 degrees 54 minutes 20 seconds East a distance of 365.72 feet to a point; 1) THENCE South 66 degrees 12 minutes 37 seconds West a distance of 513.24 feet to a point; 2) THENCE along a curve to the right having a radius of 725.00 feet and an arc length of 469.60 feet, said arc being subtended by a chord of South 84 degrees 45 minutes 59 seconds West a distance of 461.44 feet to a point; 3) THENCE along a curve to the right having a radius of 325,00 feet and an arc length of 408.24 feet, said arc being subtended by a chord of North 40 degrees 41 minutes 31 seconds West a distance of 381.93 feet to a point; 4) THENCE North 04 degrees 42 minutes 23 seconds West a distance of 200.74 feet to a point; 5) THENCE along a curve to the left having a radius of 775.00 feet and an arc length of 201.57 feet, said arc being subtended by a chord of North 12 degrees 09 minutes 26 seconds West a distance of 201.00 feet to a point; 6) THENCE North 19 degrees 36 minutes 29 seconds West a distance of 196.72 feet to a point; 7) THENCE along a curve to the right having a radius of 25,00 feet and an arc length of 39.27 feet, said arc being subtended by a chord of North 25 degrees 23 minutes 31 seconds East a distance of 35.36 feet to a point, said point being on the souther right-of-way line of East Lisburn Road (S.R. 0114) ; and 8) THENCE along said right-of-way line North 70 degrees 23 minutes 31 seconds East a distance of 392.36 feet to a point, the PLACE OF BEGINNING. CONTAININGi 765,257.72 feet square feet or 17.570 acres, more or less. C.SRWWCUMENTMEMINI. LEG MN1 ?Uoo CC) U ?. C) fl t+ ? Sj cL "? W o z w Q w d h pNp n N v 0 < 'J fJ. 2 O ( m N q < ? m r ? n W I " N^ WJ v z W U , o w = z d a ^- 0 LLI < ° z "o d 9 w ` o ? X ? a