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HomeMy WebLinkAbout04-20-07 --.J J.SDSbDIfJ.J.1f7 REV.1500 EX (06-05) PA Department of Revenue Bureau of Individual Taxes. ~ PO BOX.280601 ~ Harrisburg, PA 17128-0601 ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death OFFICIAL USE ONLY County Code Year INHERITANCE TAX RETURN RESIDENT DECEDENT 2 1 0 6 File Number 0707 Date of Birth 199308726 07222006 12211923 Decedent's Last Name Suffix Decedent's First Name LOFBLAD AUDREY MI M (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number THIS RETURN MUST BE FilED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW [!J 1. Original Retum o 4. Limited Estate 9. Litigation Proceeds Received 0 2. Supplemental Retum 0 3. Remainder Retum (date of death prior to 12-13-82) 0 4a. Future Interest Compromise 0 5. Federal Estate Tax Retum Required (date of death after 12-12-82) 0 7. Decedent Maintained a Uving Trust 1 8. Total Number of Safe Deposit Boxes (Attach Copy of Trust) 0 10 Spousal Pove;% Credit (date of death 0 11. Election to tax under Sec. 9113(A) . between 12-31- 1 and 1-1-95) (Attach Sch. 0) 00 o 6. Decedent Died Testate (Attach Copy of Will) ~ORRESPONDENT. THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: ame Daytime Telephone Number ROBERT C. SAIDIS ESQ. 7177373405 i'..__'" Firm Name (If Applicable) SAIDIS, FLOWER & LINDSAY REGISTER ~LS USE ~L Y First line of address r'-.) o 2109 MARKET STREET Second line of address City or Post Office CAMP HILL =--1 DATE-FILED ~",) C'i State PA ZIP Code 17011 Correspondent's e-mail address: DATE Robert C. Saidis Esq. ,.,/" 2109 Market Street, Camp Hill, PA 17011 Side 1 L J.SDSbDIfJ.J.1f7 J.SDSbDIfJ.J.1f7 --.J ~ lSDSbDlf21lft. REV-1500 EX Decedent's Name: Audrey M Lofblad RECAPITULATION 1, Real Estate (Schedule A).......................................................................................... 1. 2. Stocks and Bonds (Schedule B)............................................................................... 2. 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C).......... 3. 4. Mortgages & Notes Receivable (Schedule D).......................................................... 4. 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E)................ 5. 6. Jointly Owned Property (Schedule F) 0 Separate Billing Requested............. 6. 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G) 0 Separate Billing Requested............. 7. 8. Total Gross Assets (total Lines 1-7)....................................................................... 8. 9. Funeral Expenses & Administrative Costs (Schedule H)......................................... 9. 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I)................................ 10. 11. Total Deductions (total Lines 9 & 10)...................................................................... 11. 12. Net Value of Estate (Line 8 minus Line 11)............................................................. 12. 13. Charitable and Govemmental Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J)................................................. 13. 14. Net Value Subject to Tax (Line 12 minus Line 13)................................................. 14. TAX COMPUTATION - SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, of transfers under Sec. 9116 (a)(1.2) X ~ 16. Amount of Line 14 taxable at lineal rate X .045 17. Amount of Line 14 taxable at sibling rate X .12 18. Amount of Line 14 taxable at collateral rate X .15 680,292.98 0.00 0.00 19. Tax Due................................. ............. .................... ..................... .............................. 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. Side 2 L lSDSbDlf21lft. Decedenfs Social Security Number 199308726 195,000.00 53,813.96 472,792.93 721,606.89 24,258.54 17,055.37 41,313.91 680,292.98 680,292.98 15. 0.00 30,613.18 0.00 0.00 30,613.18 16. 17. 18. D lSDSbDlf21lft. ~ REV-1500 EX Page 3 Decedent's Complete Address: File Number 21-06-0707 DECEDENT'S NAME Audrey M lofblad STREET ADDRESS 1826 Ridgeview Drive CITY I STATE IZIP PA Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1 ) 30,613.18 28,500.00 1,500.00 3. Interest/Penalty if applicable D. Interest E. Penalty Total Credits (A + B + C) (2) 30,000.00 Total Interest/Penalty (0 + E) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 1 Line 20 to request a refund 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. A. Enter the interest on the tax due. B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (3) (4) (5) 613.18 (5A) (5B) 613.18 Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOllOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS No D ~ D ~ D ~ D ~ D ~ 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? ......... ~ D 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation?...................................................................................................................... ~ D IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. 1. Did decedent make a transfer and: a. retain the use or income of the property transferred;.................................................................................. b. retain the right to designate who shall use the property transferred or its income;.................................... c. retain a reversionary interest; or.................................................................................................................. d. receive the promise for life of either payments, benefits or care?.............................................................. 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration?........ ................................ ..... ................. ........ ............ ........ .......... ............... ... Yes For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is three (3) percent [72 P.S. S9116 (a) (1.1) (i)]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is zero (0) percent [72 P.S. S9116 (a) (1.1) (ii)]. The statute does not exemot a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is zero (0) percent [72 P.S. S9116 (a) (1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is four and one-half (4.5) percent, except as noted in 72 P.S. S9116 1.2) [72 P.S. S9116 (a) (1 )]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is twelve (12) percent [72 P.S. S9116 (a) (1.3)]. A sibling is defined under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. Rev:1502 EX+ (6-98) *' SCHEDULE A REAL ESTATE COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT Lofblad, Audrey M FILE NUMBER 21-06-0707 ESTATE OF All real property _ned solely or as a tenant In convnon must be reported at fair market value. Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing setler. neither being compelled to buy or setl, both having reasonable knowiedge of the relevant facts. Real property which Is Jolntly-owned with right of survivorship must be disclosed on schedule F. ITEM NUMBER DESCRIPTION 1 1826 Ridgeview Drive, North Middleton Township, Cumberland Co., PA - House listed for sale - ~ I r '. .le S-L..e ti-f';nat-id. atta tbtX..- VALUE AT DATE OF DEATH 195,000.00 TOTAL (Also enter on Line 1, Recapitulation) 195,000.00 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule A (Rev. 6-98) Rev-1503 EX+ (6-98) *' SCHEDULE B STOCKS & BONDS COMMONWEAl. TH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Lofblad, Audrey M FILE NUMBER 21-06-0707 All property Jolntly-owned with right of survivorship must be disclosed on Schedule F. ITEM CUSIP VALUE AT DATE NUMBER NUMBER DESCRIPTION UNIT VALUE OF DEATH 1 Series EE and E Savings Bonds - see attached list 53,813.96 TOTAL (Also enter on Line 2, Recapitulation) 53,813.96 (If more space is needed, additional pages ofthe same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule B (Rev. 6-98) Rev.1508 EX+ (6-98) , . SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYlVANIA ~HERrrANCETAXRETURN RESIDENT DECEDENT Lofblad, Audrey M FILE NUMBER 21-06-0707 ESTATE OF Indude the proceeds of Ittigation and the date the proceeds were received by the estate. All property jolntly-owned with the right of survivorship must be disclosed on schedule F. ITEM NUMBER DESCRIPTION 1 M&T Bank, CD #031003911154729 - see attached letter VALUE AT DATE OF DEATH 35,086.42 2 M&T Bank, CD #031003911179553 - see attached letter 15.407.17 3 M&T Bank, CD #031003911813383 -see attached letter 3.266.96 4 M&T Bank, CD #031003911813565 - see attached letter 9.266.99 5 M&T Bank, checking acct. #000003741366649 - see attached letter 7.882.25 6 M&T Bank, investment acct. #0610125447 - see attached letter 120.551.05 7 M&T Bank, POD Trust acct. #31003908159881 - Frederick Lofblad, benef. 32.826.35 8 M&T Bank, POD Trust acct. #31003908159899 - Gretchen Lofblad, benef. 8.286.87 9 M&T Bank, savings acct. #015004204880428 - see attached letter 41.596.43 10 M&T Bank, savings club acct. #025004920113591 - see attached letter 503.49 11 1990 Pontiac station wagon 500.00 12 2002 Ford Taurus station wagon, based on sale price 8.000.00 13 Jefferson/Pilot Life Insurance Co., non-qualified annuity contract #JP5191444- Gretchen Lofblad and Frederick Lofblad benef. 189.618.95 TOTAL (Also enter on Line 5, Recapitulation) 472.792.93 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule E (Rev. 6-98) REV-1151 EX+ (12-99) *' SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS COMMONWEALTH OF PENNSYlVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Lofblad, Audrey M Debts of decedent must be reported on Schedule I. FILE NUMBER 21-06-0707 ITEM DESCRIPTION AMOUNT NUMBER A. FUNERAL EXPENSES: See continuation schedule(s} attached 549.00 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Social Security Number(s) I EIN Number of Personal Representative(s): Street Address City State Zip - Year(s) Commission paid 2. Attorney's Fees 15,000.00 See continuation schedule(s} attached 3. Family Exemption: (If decedenfs address is not the same as claimanfs, attach explanation) Claimant Street Address City State Zip Relationship of Claimant to Decedent 4. Probate Fees 422.00 See continuation schedule(s} attached 5. Accountanfs Fees 6. Tax Return Preparer's Fees 7. Other Administrative Costs 8,287.54 See continuation schedule(s} attached TOTAL (Also enter on line 9, Recapitulation) 24,258.54 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98) Rev;1502 EX+ (6-98) . SCHEDULE H.A FUNERAL EXPENSES continued COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT Lofblad, Audrey M FILE NUMBER 21-06-0707 ESTATE OF ITEM NUMBER DESCRIPTION 1 Neil Funeral Home AMOUNT 549.00 Subtotal 549.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H-A (Rev. 6-98) Rev:~502 EX+ (6-98) *' SCHEDULE H.B2 ATTORNEY'S FEES continued COMMONWEALTH OF PENNSYlVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT Lofblad, Audrey M FILE NUMBER 21-06-0707 ESTATE OF ITEM NUMBER DESCRIPTION 1 Saidis, Flower & Lindsay AMOUNT 15.000.00 Subtotal 15.000.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H-B2 (Rev. 6-98) Rev:1502 EX+ (6-98) *' SCHEDULE H.B4 PROBATE FEES continued COMMONWEALTH Of PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT Lofblad, Audrey M FILE NUMBER 21-06-0707 ESTATE OF ITEM NUMBER DESCRIPTION 1 2 short certificates AMOUNT 8.00 2 Register of Wills 414.00 Subtotal 422.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H-B4 (Rev. 6-98) Rev;1502 EX+ (6-98) *' SCHEDULE H.87 OTHER ADMINISTRATIVE COSTS continued COMMONWEAl. TH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT Lofblad, Audrey M FILE NUMBER 21-06-0707 ESTATE OF ITEM NUMBER DESCRIPTION AMOUNT 1 Barrett Real Estate Appraisals 325.00 2 Cumberland Law Journal, estate notice 75.00 3 Mark Bahr, trash hauling 500.00 4 New carpet, floor paint, repairs to house to list for sale 962.61 5 PNC Bank, check printing fee 56.74 6 Precision Cleaning Services, clean house for sale 800.00 7 Ron Hoon Quality Painting, house painted before listing for sale 5.150.00 8 S & S Wildlife Control Services, remove critters from house 244.86 9 The Sentinel, estate notice 173.33 Subtotal 8.287.54 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H-B7 (Rev. 6-98) Re'(-1512 EX+ (6-98) *' SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT Lofblad, Audrey M FILE NUMBER 21-06-0707 ESTATE OF Include unrelmbursed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 CariMark, drug bill 65.00 2 Christian Smith Landscaping, yard maintenance (tree and shrub removal, clean up, 3.950.00 snow and ice removal) 3 Dish Network 175.90 4 Embarq, phone service 85.03 5 Gretchen Lofblad, down payment for hardwood floors 1.500.00 6 H&R Block, tax preparation for 2006 income taxes 472.00 7 Leffler Energy 649.56 8 Leffler Energy, Aug. budget payment 275.00 9 Leffler Energy, Oct. budget payment 275.00 10 Leffler Energy, Sept. budget payment 275.00 11 M&S Dyes Hardwood Floors 2.145.00 12 M&S Dyes Hardwood Floors, dumping fee 650.00 13 M&S Dyes Hardwood Floors, remove trash 500.00 14 M&T Bank, reversal of SS deposited to acct. #3741366649 - see attached letter 1.276.36 15 Mark Bahr, general handyman services 100.00 16 Noel's Lawn Care, lawn mowing 270.00 Total of Continuation Schedule See attached page TOTAL (Also enter on Line 10, Recapitulation) 17,055.37 (If more space is needed, additional pages ofthe same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule I (Rev. 6-98) Rev.1512 EX+ (6-98) *' SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS continued COMMONWEAl. TH OF PENNSYlVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FilE NUMBER lofblad, Audrey M 21-06-0707 ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 17 North Middleton Authority 239.70 18 Ohio Casualty Group, car insurance 212.69 19 Ohio Casualty Group, homeowners insurance, balance of premium 670.50 20 Ohio Casualty Group, homeowners insurance, first premium payment 670.50 21 PA Dept. of Revenue, 2006 taxes 141.00 22 PPl, Electric Utilities 408.28 23 Richard Adams, general handyman services 100.00 24 Robin Sollenberger, real estate taxes 510.82 25 Said is, Flower & Lindsay, attorney fees prior to death 120.00 26 Social Security Administration, refund of payment deposited to checking acct. on 9/1/06 in error 1,276.36 27 York Waste Disposal 41.67 TOTAL (Also enter on line 10, Recapitulation) 17,055.37 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule I (Rev. 6-98) REV-1513 EX+ (9-00) *' SCHEDULE .. BENEFICIARIES COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT 1 Lofblad, Audrey M NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS [include outright spousal aistributions and transfers under Sec. 9116(a)(1.2)] Frederick J. Lofblad Son 1NItAII~~I.L.. ~rlv8 02/0 tNtJ.Il7t4..6Qt!.ff1lGi. CaRials., PA 1 T04'3 r!.-ttr/)S~ fJ If... 17013 RELATIONSHIP TO DECEDENT Do Not List Trustee/51 FILE NUMBER 21-06-0707 SHARE OF ESTATE AMOUNT OF ESTATE (Words) ($$$) ESTATE OF NUMBER I. 1/2 of the estate 2 Gretchen G Lofblad 1830 Heishman Gardens Carlisle, PA 17013 Daughter 1/2 of the estate Total Enter dollar amounts for distributions shown above on lines 15 through 18, as appropriate, on Rev 1500 cover sheet II. NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART 11- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET 0.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA.1500 Schedule J (Rev. 6-98) ~ -J -J W -J P CJ1 00 J-1o --.J <.D -J C) en en co ...:" ""in", , SIGNATuRE_OF CQ-APPUCANTITITlE OF AUTHORlZEO-EUGNER ' ;'i':',I', ',l\"'~f"": 0\' \0'''1 It, r ~\;I!l1 ' ,. n.' \' ~,." '..". , I~' ~i'!\j\\' ',II"\\'>' '\~\'l\H'(." ";"H'"'' "'''',' J!\?;""'~''''I'I. "",,, "" n Lincoln Financial Group@ Jefferson Pilot Financial is now Lincoln Financial Group August 22, 2006 ROBERT C SAIDIS SAIDIS, FLOWER & LINDSAY ATTORNEYS AT LAW 2109 MARKET STREET CAMP HILL, PA 17011 Jefferson Pilot Financial P.O. Box 21008 Greensboro, NC 27420 phone 336 691-3000 RE: Audrey M. Lofblad Jefferson Pilot Life Insurance Company, ContracUPolicy Number JP5191444 Claim Number 482258 Dear Mr. Said is: We have received notification of the death of Audrey M. Lofblad. On behalf of Jefferson Pilot Financial, we wish to express our condolences. Please submit the following items: 1. Claimant's Statement completed and signed by each beneficiary. 2. The return of the original policy; if the policy has been misplaced, please complete section D of the Claimant's Statement. Please provide our office with the current addresses for Gretchen G. Lofblad and Frederick J. Lofblad. The value of this contract as of July 22, 2006, was $189,618.95. Please call toll free (800) 487-1485, ext. 8584, or write to me at the above address if you have any questions. ~~ Sandra S. Barnes Claims Examiner Greensboro Claims Department Enc CC: Kimberly Heavner C/O M& T Securities 100 S. Spring Garden St. Carlisle, PA 17013 www.jpfinancial.com Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. () :..:- 1J .., o CO ii3 3 :!! 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",,"SYLV_ ~ HERMAN P. BENDER and VIRG1NIA M. BK)lt>"''' ~~b!md aDd wife, ! of the Borouab of SbippeDllbura, Cumberland COUD1;1. PeDDaylvama. parti.. of the firIIt part, ~~ j?e!t 0....... . .." i HARRY V. LOFBLAD aDd AlJDBEY M. LOP'BLAD. of North Middleton Town.hiP. (1828 JUdamew Drive), Cumberland CoUDliY, PaDDs,.lvaDia, partie. of the .ecoal! part, I ~.: Wlf'NJ:88B'1'B, lAG .. ~ 0/ -Twenty-two Tbou.eand ($22.000.00)- DolIArw. iA Mto4 pAl, 1M ..-i,e .twreo/ .. Mrwb __,,,,w,.. 1M ...u .....,.... s .... ..."v """"' """ _ to 1M...u.-..... their beir. and a..lIns, a. tenanta by the entireties. ALL tbat certain tract of land oituate in North Middleton Township, Cumberland County, Pean.ylvania, more particularly boW\ded and described.. follows: BEGINNING at a point on the,Westem .ide of Lake View Drive, (.aid Lake View Drive now known u Ridge View Drive) o~ the bereinafter mentioned Plan of Lots. whicb point ia at Une of land of Glen'A. Tritt and wife; thence by the Westem aide of Lake View Drive (said Lake View Drive now known.. Ridge View Drive), South Five (5) degrees, Fifty-one (51) minutes West, One Hundred (100) feet to a point on the liD. of Lot No. '15; tbence by the line of Lot No. 15, North Eighty-four (84) dellre.. Nine , (9) minute. We.t, Two Hundred (200) feet to a point at line of land now or formerly of , JohD C. Raop and Mary B. Raep. bie wife; thence by Aid land, North Fiv. (5) del1'''. Fifty-one (51) minutes East, One Hundred (100) feet to a point at line of land of Glen A. Tritt and wife; thence by .aid land, South El&b1;1-four (84) degreell Nine (9) minute. Ea.t, Two Hundred (200) feet to a point, the place of BEGINNING. \ i II i I I 1 ! j I BEING Lot No, 16, Block C, OIl Plan No. 2 of Buin Hill Heigbta. whieb Plan is recorded in the Office of the Recorder of Deeds in and for Cumberland COUllty in Plan Book No.9, Page 111, and baving thereon erected a l-.tory brick ca.ed rancb type dwelling bou.e with attaebed garage known a. and numbered 1828 Bidge View Drive. BElNG the .ame premiJIe. whicb Jobn C. RaBp and Mary B. Reap, busb&nd aDd wife. by deed bearing date the 4th day of February, 1959, &aid deed being recorded in the Office of the Recorder of Deeds in and for Cumberland County at CarliJ11e. Penn- aylvan1a, in Deed Book "X". Volume 18. Page 353. ,ranted and eoav81ed to Herman P. Bender and Virginia M. Bender. bu.eblLnd and wife. GRANTORS herein. SUBJECT. NEVERTHELESS, to certain r..trietlODll UpoIl _ a. .at forth in the deed of John C. Rasp and wUe to Klebard L TOWJl&eDd and wife. ...:l1" /1 "h.c ~ J u..L - ad.., Dill. t... tIt'P.. 1.. loot I .t. T ....,.. '" .. ..t ' .., - .. . \\1 ,",- ..~..:.....~."'.....~. .. ... -', IT =~-~~~:, -- p .-.-.-...-............-.---.-----.----- I i. '" AND. tM IGid /1..... s. do Ut'oby ............1 M4 "II.... to ..114 IIrllJJ aM .u.t __ a. tlo4t they . Uw __ B theirMiJ'.......... M4 ~. MAIl """ Illill ~ Gener.<lIlY . """ f- /l6f- tM MMa.-. .u..riW I'relllUa. ...UI Q;. .......ut&..,. ..., appllrlr-""", __ . .., ",.... - their UIrr ..114 ....,..........t . .., __ a. ...,.,...., ..." .... ~ '-f. ~ .r .... Mall '--11M .... tM _ .r _ pArt u.r.t. . . IN WITNESS WHEREOF. Mill __- *' vekrfttotoMt their . .... 11IIII ..... 11M '""""" '"'"- -.i.l _ """ HAl - . . . ~... ~:.....;' .J? $-~,J ~ lhtoIIl naa l!ltI...... . Herman P. Bender 110 ... ...... .. .. ._.~-~~-~...... .....7?~~~~~V , .. ". . .' . - '. '. rJ1!l, . n er . . , --.--.....-- . " . . . . . . . e -e -e e . .' Slate 0/ Pennsy,lvania C-'1l of Cumberland _ 0.. lAiI. Uw ':t.''-'' .... -/ }.. June , U 64 , 1Ie/...e _. tM ........ -/IiMf'. ~ tIfIJ*ftIl Herman P. Bp.nder and Virginia M. Bender, huaband and wife. ..... to _ (.r ..tU/-.;q ~) to ..... ~ _ ..... _ II are ~ to toW ~~, aM .......,.",. fUt thq ...w _ for tM ~ tMMtt ........ t IN Jll'l'I'N.SS WH.RI:O'. I MrnIlIo .. ., M"" aw4 o/llAliOl ..z. ~.i..'1. -.........~~ -- ............. U.1IIl " -~,... ~i "~".. .~.. ....... ""'. ..........:;.~.... i"' :f-r:r"I~.~'~ \ : ~: <: ! 0 :~'; .. .,....~..._...___:~ Z': ~OJ-.:) /I~j '.;\"" Q....~.z ..... 'D.~.C.:'.../ ..f,",IJ~...~~....". ............ I do Ut'oby _rlih/.tMt tM ....... raid.... .....,._,.,. _t 011* IIIU_ ./ tM IIIit1ia __,....,.. _ U 1828 Bid,e View Drive, MOW1ted Route I, Carliale. ~~lvania. . .June ?. (, . II 84 }. -~ ~ ........ "'.... for' Grant' e_ ~~21 rACt 373 " II .; ~ ; t I 1 I!M&I'Bank 499 Mitchell Road, Millsboro, DE 19966 Mail Code DE-MB-12 Phone (888) 502-4349 Fax (302) 934-2955 August 21, 2006 Law Offices Said is Flower & Lindsay 2109 Market Street Camp Hill, Pennsylvania 17011 Re: Estate of" Audrev M Lofb!ad Socia! Security: 199-30-8726 Date of Death: Ju!v 22. 2006 Dear Sir or Madam: Per your inquiry dated August 10, 2006, please be advised that at the time of death, the above-named decedent had on deposit with this bank the following: 1. Type of Account Checking Account Account Number 3741366649 Ownership (Names of) Audrey M Lojblad * Opening Date 05/18/00 Balance on Date of Death $7,881.58 $ 0.67 Accrued Interest Total $7,882.25 2. Type of Account Savings Account Account Number 015004204880428 Ownership (Names of) Audrey M Lojblad * Opening Date 06/07/04 Closed 08/09/06 Balance on Date of Death $41,560.34 Accrued Interest $ 36.09 ....._.._...._.............. 0" n. ....... .._........ ..~..,.._ Total $41,596.43 3. Type of Account Certificate of Deposit Account Number 031003908159881 Ownership (Names of) Audrey M Lojblad, Trustee * Frederick J Lojblad, Beneficiary * Opening Date 08/03/01 Closed 07/28/06 Balance on Date of Death $32,756.92 Accrued Interest $ 69.43 Total $32,826.35 4. Type of Account Certificate of Deposit Account Number 031003908159899 Ownership (Names of) Audrey M Lojblad, Trustee * Gretchen G Lojblad, Beneficiary * Opening Date 08/03/01 Closed07/28/06 Balance on Date of Death $8,269.34 Accrued Interest $ 17.53 Total $8,286.87 5. Type of Account Certificate of Deposit Account Number 031003911154729 Ownership (Names of) Audrey M Lojblad * Opening Date 1 % 1/91 Closed 08/09/06 Balance on Date of Death $34,811.36 Accrued Interest $ 275.06 Total $35,086.42 -- -- ------ . --- ~- -- -- - - - --------~-- ---- - --- --- - -- ----------- -- ---- -- --- .---- - - -- .- -'. - -- - -- 9. Type of Account IRA Account Number 035004200224399 Ownership (Names oj) Audrey M Lofblad * Gretchen Lofblad, Beneficiary * Opening Date 03/08/99 Balance on Date of Death $/1,560.92 Total $ 22.87 --$Tj;58T79------------------------------------------------------- ------------ Accrued Interest Interest Posted YTD --$---o:oo7A"cc-;.;~di~te~est-i~-_;;~Ti~cl~d~di ---- -------- ---- ---- 10. Type of Account Savings Account / Club Account Account Number 025004920113591 Ownership (Names oj) Audrey M Lofblad * Opening Date 11 /17/83 Closed 08/09/06 Balance on Date of Death $ 503.41 Accrued Interest $ 0.08 Total $ 503.49 11. Type of Account Safe Deposit Box Box Number/Location 0000433/ North Middleton Ownership (Names oj) Harry V Lofblad * Audrey M Lofblad * Opening Date 02/07/92 * For further account information, regarding ownership and any changes, closures and/or reimbursement of funds, please contact our North Middleton Branch at 1958 Spring Road, Carlisle, Pennsylvania 17013, or call # 717-240-4521. Sincerely, 1~~~ Nancy Clagett Records Management C>0 ::E - F o n~~ >~iTi; ~.>..c:::.' c:~<; l!! :!)- fTll/)C :O~-t >::00 ::;Gl ~ "U en w-> ~r 1'1'1 Yl ~ ~ ~ \Y ~] ~ ~ l ... \ I \ \ I I : I - z p \ I ~ 6 m )> ;:: 01 C ~ ~ I ~o i oili I CO ~" ....J 1 W ~! EP ~i H 01 illll 0 ro ~I JI ..... c.>l i' '4\ ". I Kelley Blue Book - Trade-In Pricing Report - Pontiac, 6000 ......~~ " ...... Page 1 of3 advertisement QuiCk Dealer Price Quote Search Used Car Listings List -- CO\'iPARE C.~RS __ r USeD CARS. 1 i:lQme > ~ > JIIIiIgQn > fllDtial; > lillllll > 19.2!l > SE Waoon 40 > Equipment. REV;E'Ni> &. RAT '..1';;: 1990 Pontiac 6000 SE Wagon 4D Trade-In Value Private Party Value Suggested Retail Value Photo Gallery Blue Book Review Specifications Compare Vehicles G Shopping Tools Free CARF AX Record Check Auto Loan from 6.09% APR Compare Insurance Rates Payment Calculator SEI! YOUR USED CAR on Blue Book Classlfleds™ Reach millions of shoppers on kbb.com, Cars.com, and other popular sites. Find out more, Click BUf A USED CAR on Blue Book Classlfleds™ l::~~~~____ I~.~~...~",^,.~ 1...~~...~II::.~:.Ju~:~...... ZIP Code Il?~ To View Ads, Click FIND THE RIGHT CAR Compare Used vs. New t~~::.~:.?~~~.__ I!..~~.~;::.~~~.:JI I Wagon JI1 ^"""""""""''''''''''''''"'- ITTT"'lIo,-..ITT 11"""1. BLUE BOOK- TRADE-IN VALUE <OJHAT'S THIS? Condition AWHAT'S THIS? Value I $625 I ~-j - I Excellent Good Fair $320 NEXT STEPS: Get Pricing on New Vehicles Sell Your Wagon _$ ! - Vehicle Highlights Mileage: 120,000 Engine: V6 3.1 Liter Transmission: Automatic Drivetrain: FWD j i . I I I l...-,........~.._ ~ ...'J.li~1If i I Selected Equipment I ilIT Change Equipment Standard Air Conditioning AM/FM Stereo tn. __~ _ ~ _~ _ T'\ ___ __-L. _ ____0"1: T _'L~ _l_r'\l____T T ......-..1r"....._ 0_ "l.1f____n~..... A /1 0/') f\f\'7 *** This is an Advice *** P.O. Box 4650 ACH/EDI Services Buffalo, NY 14240-9975 (800) 724-2240 AUDREY M LOFBLAD 1830 HEISHMANGDNS CARLISLE PA 17013-4637 Date: Tuesday, September 12, 2006 ! Subject: Notification of Death / Reclamation "Case-Number: 6822 Funds Deposited to Account: Funds Deducted from Account(s): 3741366649 3741366649 $1,276.36 This is to advise you that on 9/12/2006 we deducted from the account(s) shown above the amount of $1276.36, . for the SSA Direct Deposit of 9/1/2006. Due to the fact that AUDREY M LOFBLAD has passed away prior to the issuance of the credit, the Treasury of the United States is requesting reimbursement. In accordance with Federal Regulations, direct deposits may not be retained by the beneficiary unless the beneficiary lived through the entire month prior to the date of issuance. lithe number of the 'account deducted from' is different from the account into which the funds were originally deposited, the deduction is authorized under the bank's rules for right of offset because one or more of the owner~ on both accounts are the same. Should you have any further questions about this charge, please call and refer to the case number above. This advice is provided to facilitate the reconcilement of your monthly account statement. Resp;?~ ACH/EDI Services M&T LAST WILL AND TESTAMENT OF AUDREY M. LOFBLAD I, Audrey M. Lofblad, of Carlisle, Cumberland County, Pennsylvania, being of sound and disposing mind, memory and understanding, do hereby make, publish and declare this as and my Last Will and Testament, hereby revoking all other Wills and Codicils heretofore made by me. FIRST I direct the paYment of my just debts and expenses of my illness and funeral from my estate as soon after my death as conveniently may be done. I hereby confirm that I donated my eyes for use in restoring sight or for research. After removal of my eyes, I direct that as soon as practical after my death and before embalming, my body be placed in the hands of Humanity Gifts Registry of the state of Pennsylvania (or of the nearest medical school in the event death occurs outside of Pennsylvania) by my nearest kin or the Executor of my estate, for delivery to one of SAIDIS SHUFF, FLOWER & LINDSAY the medical schools in the state of Pennsylvania for studies in ATIORNEYS.AT.UW 26 W. lligh Street Carlisle, P A the promotion of scientific medicine and ultimate creation with others and burial of the ashes with others in a burial plot of The Humanity Gifts Registry. In the event The Humanity Gifts Registry is unable to use my body, then I direct that it be interred at an available military cemetery at the convenience of the military personnel. SECOND I give, devise and bequeath all the rest, residue and remainder of my estate in equal shares unto my children, Gretchen G. Lofblad, and Frederick J. Lofblad, per stirpes. THIRD I direct that any and all inheritance, estate, and transfer taxes imposed upon my estate passing under this Will or otherwise shall be paid out of the principal of my residuary FOURTH In addition to the powers conferred by law, I authorize any personal representative acting under this instrument, in their absolute discretion: A. To retain in the form received, or to sell either at public or private sale any real or personal property; B. To exercise any options to subscribe for stocks, bonds, or other investments; SAIDIS SHUFF, FLOWER & UNDSAY c. To join in any plan of lease, mortgage, ATTORNEYS-AT-LAW 26 W. High Street Carlisle, P A consolidation, exchange, reorganization or foreclosure of any corporation in which my estate or any trust may hold stocks, bonds or other securities; D. To sell, transfer, convey, mortgage, pledge, lease or exchange any property, real or personal, which at any 2 time may form part of my estate, for the paYment of debts or taxes, or for any purpose of administration or distribution, for such prices and upon such terms as my personal representative, in their sole discretion, may deem wise, and to execute and deliver deeds of conveyance or transfer thereof; E. To make settlements and compromises on such terms as my personal representative in their sole discretion may deem wise without the necessity of obtaining any court approval thereof; F. To make distribution hereunder either in cash or kind, as my personal representative in their discretion may deem wise. FIFTH I do hereby nominatet constitute and appoint Gretchen G. Lofblad and Frederick J. Lofbladt to act as Co-Executors of this my Last Will and Testament. SAIDIS SHUFF, FLOWER & UNDSAY SIXTH I direct that no personal representativet guardiant trustee or other fiduciary appointed under this instrument shall be required to give bond for the faithful performance of their A1TORNEYSoAToLAW 26 W. High Street Carlisle, P A duties in any jurisdiction. 3 , . SAID IS SHUFF, FLOWER & UNDSAY ATIORNEYSoATaLAW 26 W. High Street Carlisle, P A IN WITNESS WHEREOF, I, Audrey M. Lofblad, have hereunto set my hand and seal to this my Last Will and Testament, consisting of four typewritten pages, the first three of which bear my signature in the margin for identification, this ~ day of ~VLl( , 20 (J/ . ~ Signed, sealed, published and declared by the above-named Audrey M. Lofblad, Testatrix, as and for her Last Will and Testament in the presence of us, who have hereunto subscribed our names at her request as witnesses thereto, in the presence of said Testatrix and of each other. .~ ADDRESS 2& lu t~6 t.. C2\r\ ,\.\.t f, du uJ. wx'~, (]adu31.b fft IllY /0 I ~ -v{~7- ADDRESS 4 SAIDIS SHUFF, FLOWER & LINDSAY ATIORNEYSoAToLAW 26 W. High Street Carlisle, P A --"-""", COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND We/ Audrey M. Lofblad/ Robert C. Saidis and Phyllis McCoy , the Testatrix and witnesses/ respectively whose names are signed to the foregoing or attached instrument, being first duly sworn/ do hereby declare to the undersigned authority that the Testatrix signed and executed the instrument as her Last Will and Testament and that she signed willingly and that executed as her free and voluntary act for the purposes therein expressed/ and that each of the witnesses/ in the presence and hearing of the Testatrix signed the Will as witnesses and that to the best of their knowledge the Testatrix was at the time eighteen (18) or more years of age, of sound mind and under no constraint or undue influence. ~e I Subscribed/ sworn to and acknowledged before me by Audrey M. Lofblad/the Testatrix/ and subscribed to and sworn or affirmed to before me by Robert C.Saidis and Phyllis McCoy / witnesses/ this 5th day of July 20 01. \...../ OOTARW.SEIL nBElE t... Ml.lnAA"'l. NOTMVPUIUC c~.r~1..m!.E tIORO. CUMB~ CO..PA r.trIf. COMg.~I!~iOI\l EXPIReS DECEIIIfiIR 1a, IllD1 5 S. W. Barrett Real Estate & Appraisal Services File No. 07-0154 File Number: 07-0154 Ms. Gretchen Lofblad 1830 Heishman Gardens Carlisle, PA 17013 ..Utotouto INVOICE """."u* 04/12/2007 Borrower: Gretchen LOFBLAD Invoice # : 07 -0154 Order Date: 04/06/2007 Reference/Case # : PO Number: 1826 Ridgevlew Drive Carlisle, PA 17013 Terms: Paid Receipt Appraisal Services !nvoice Total State Sales Tax @ Deposit peposit $ $ ($ ($ Amount Due Please Make Check P.yable To: S. W. Barrett Real E,tate & Appraisal Services 126 North Hanover ,treet Carlisle, PA 17013 . Fed. 1.0. #: 236646-8t4 YOUR SINGLE SOURCE...Professional, Efficient Service. \ THANK YOU \ $ $ 325.00 325.00 0.00 325.00 ) ) $ 0.00 S. W. Barrett Real Estate & Appraisal Services File No. 07-0154 APPRAISAL OF LClCA TED AT: 1826 Ridgeview Drive Carlisle, PA 17013 FOR: Ms. Gretchen Lofblad 1830 Heishman Gardens Carlisle, PA 17013 BORROWER: Gretchen LOFBLAD AS OF: April 11, 2007 BY: Cassandra J. Crockett Certified Residential Appraiser S. W. Barrett Real Estate & Appraisal Services File No. 07-0154 04/12/2007 Ms. Gretchen Lofblad 1830 Heishman Gardens Carlisle, PA 17013 File Number: 07-0154 In accordance with your request, I have appraised the real property at: 1826 Ridgeview Drive Carlisle, PA 17013 The purpose of this appraisal is to develop an opinion of the market value of the subject property, as improved. The property rights appraised are the fee simple interest in the site and improvements. In my opinion, the market value of the property as of April 11, 2007 is: $195,000 One Hundred Ninety-Five Thousand Dollars The attached report contains the description, analysis and supportive data for the conclusions, final opinion of value, descriptive photographs, limiting conditions and appropriate certifications. Respectfully submitted, ~:J. (LU-- Cassandra J. croc" Certified Residential Appraiser ProDertv De.crlDtlon Prop'ertvAddress 1826 Ridaeview Drive City Carlisle State PA ZipCode 17013 Legal Description Deed Book 21-G: Paae 372' North Middleton Twp County Cumberland Assessor's Parcel No. 29-17-1585-179 Tax Year 06/07 R.E. Taxes $ 2463.00 Special Assessments $ N/A Borrower Gretchen lOFBLAD Current Owner Harrv & Audrey lofblad Occupant: r Owner I Tenant [xl Vacant oJ ProperlY riahls appraised fxl Fee Simple T Leasehold I Proiect Tvpe PUD f 1 Condominium IHUDNA onlv) HOA$ N/A /Mo. Neiahborhood or Proiect Name Basin Hill Heiahts Map Reference 17-1585 Census Tract 0119.00 Sale Price $ N/A Date of Sale N/A Description and $ amount of loan charaes/concessions to be paid bv seller N/A Lender/Client Ms. Gretchen lofblad Address '1830 Heishman Gardens. Carlisle. PA 17013 Appraiser Cassandra J. Crockett Address '126 North Hanover Street Carlisle PA 17013 Location 0 Urban l!J Suburban -U Rural Predominant Single family housing Present land use oA, Built up 00 Over 75% 0 25-75% 0 Under 25% occupancy fFoJf,E ~~f One family 73% Growth rate 0 Rapid 00 Stable 0 Slow 00 Owner 100 Low New 2-4 family 2% Properly values 00 Increasing 0 Stable 0 Declining 0 T en ant ~O+ Hiah 100 Multi-family 0% Demand/supply 0 Shortage 00 Inbalanre 0 Oiersupply 00 Vacant(0.5%) ~Predominant~~~liI'~~ Commercial 15% Marketing time n Under 3 mos. fXj 3-6 mos. n Over 6 mos. n Va.:an! (over 5%\ 175 40 Vacant \ 10% Note: Race and the racial compo.llIon of the neighborhood are not appraisal factors. Neighborhood boundaries and characteristics: Subiect is bounded on the north by Rt.944: on the east bv 1-81: on the south by Carlisle : Borouah: and on the west by Rt.74. · Factors that affect the marketability of the properties in the neighborhood (proximity to employment and amenities, employment stability, appeal to market, etc.): ~ Subiect propertY is located in an established neighborhood of sinale family homes with a mix of residential and commercial . .. usaae. Shopping and other amenities are within walking or short drivina distance. School svstem is Carlisle District and students are bused. SMSA 42-3240. SUMMARY APPRAISAL REPORT UNIFORM RESIDENTIAL APPRAISAL REPORT File No. 07-0154 land use change o Not likely 0 Likely 00 In process To: Residentiall Commercial Market conditions in the subject neighborhood (including support for the above conclusions related to the trend of properly values, demand/supply, and marketing time _ _ such as data on compelilive properties for sale in the neighborhood, description of lhe prevalence of sales and financing concessions, elc.): Property values are currentlv stable with an average marl(eting time of 80-100 days. Economic trends and lending rates have remained favorable. Sales concessions occur infrequently. There are new homes under construction in surrounding developments as well as resales available in the neighborhood. . Project Information for PUDs (If applicable). - Is the developer/builder in control of the Home Owners' Association (HOA)? 0 YES 0 NO . Approximate total number of units in the subject project N/A Approximate total number of units for sale in the subject project N/A Describe common elements and recreational facilities: N/A Dimensions See legal description/tax maD Topography Basically level Site area 0.46 Acre M/l Corner Lot U Yes 00 No Size Typical for area Specific zoning classification and description Suburban Residential Shape Rectangular Zoning compliance 00 Legal 0 Legal noncon~ng (Grandfathered use) U Illegal U No zoning Drainage Appears adequate Hiahest & best use as improved: rxr Present use I I Other use lexplain) View Residential Utilities Public Other Off-site Improvements Type Public Private Landscaping Typical Electricity 00 100 amp Street Asphalt 00 0 Driveway Surface Asphalt Gas 0 Curb/gutter Concrete 00 0 Apparent easements None Apparent Water 00 · well Sidewalk None 0 0 FEMA Special Flood Hazard Area U Yes U No Sanitary sewer 00 Street lights Adequate 00 ~ FEMA Zone C Map Date 4/111982 Storm sewer [Xi Allev None n I I FEMA Map No. 420367 A Comments (apparent adverse easements, encroachments, special assessments, slide areas, illegal or legal nonconforming zoning, use, etc.): There are no apparent adverse easements. encroachments or other adverse conditions. · Oriainal well on site. not recently used per familv member. GENERAL DESCRIPTION No. of Units One No. of Stories One Type (DeI./AlI.) Detached Design (Style) Ranch Existing/Proposed Existina Age (Yrs.) 49 Yrs Effective Age Yrs.) 15-20 . ROOMS Fover : Basement Level 1 . Level2 EXTERIOR DESCRIPTION Foundation Block/Avg Exterior Walls Brick/Good Roof Surface Shingle/Av/GI Gutters & Dwnspts. Alum/Avg Window Type DbIHng/Av/GI Storm/Screens Insulated*/Gd Manufactured House No Dinina Kitchen FOUNDATION Slab None CraVvlSpaoe None Basement Full Sump Pump Floor Drain Dampness None Obs. Settlement None Obs. Infestation None Obs. Familv Rm. Rec. Rm. Bedrooms BASEMENT Area Sq.FI. 1708 % Finished 1 0% Ceiling Tile Walls Panel/Blk Floor Concrete Outside Entry No INSULATION Roof Ceiling Walls Floor None Unknown o 00 o o o o Livina Den # Baths Laundrv Area Other Area Sa.Ft. o 1708 Area 1 1 1 3 1.5 . . Finished area above orade contains: 6 Rooms; 3 Bedroom s); 1.5 Bathls); 1 708 SQuare Feet of Gross Livina Area . INTERIOR Materials/Condition HEATING KITCHEN EQUIP. ATTIC AMENITIES CAR STORAGE: Floors HW/CarpMnyl/AvQ Type BBHW Refrigerator 0 None 0 Fireplace(s) #Brick 00 None 0 . Walls Plaster/Ava Fuel Oil Range/Oven 00 Stairs 00 Patio Covered 00 Garage # of cars Trim/Finish Wood/Ava ConditionGood Disposal 00 Drop Stair 0 Deck 0 Attached 1 Bath Floor Vinyl/Avg COOLING Dishwasher 0 Scuttle 0 Porch Entry 00 Detached Bath Wainscot Tile/Ava Central Yes Fan/Hood 00 Floor 00 Fence Chain Link 00 Built-In Doors Wooden/Ava Other None Microwave o Heated R Pool ~ Carport Averaae Condition ConditionA veraae Washer/Drver n Finished Enclosed Porch Drivewav 1/Pvd Additional features (special energy efficient items, etc.): See Attached Addendum. Condition of the improvements, depreciation (physical, functional, and external), repairs needed, quality of construction remodeling/additions, etc.: Improve ments are in average condition with no physical or functional inadequacies aooarent. . Adverse environmental conditions (such as, but notlimiled to, hazardous wastes. toxic substances, etc.) present in the improvements, on the site, or in the immediate vicinity of the subject property: No adverse environmental conditions are aDoarentldisclosed. Freddie Mac Form 70 6-93 PAGE 1 OF 2 Produced using ACI software, 800.234.8127 www.Bctweb.com Famie Mae Form 1004 6-93 Valuation Section SUMMARY APPRAISAL REPORT UNIFORM RESIDENTIAL APPRAISAL REPORT 45 000 File No. 07-0154 Comments on Cost Approach (such as, source of cost estimate, site value, square foot calculation and for HUD, VA and FmHA, the estimated remaining economic life of the property): Cost Approach [from Marshall/Swift Valuation Service handbook and local cost analysis] was considered, but deemed not credible due to the age of the improvements. Site value from Market Data. Depreciation bas. on agellife, observed condition, and Market Data Analy'is. Estimated remaining Economic Life is 40-45 years. ESTIMATED SITE VALUE. . . . . . . . . . . . . . . . . . . . . . . . . . . = $ ESTIMATED REPRODUCTION COST-NEW OF IMPROVEMENTS: Dwelling Sq. Ft. @$ = $ Sq. Ft. @$ = : Garage/Carpat _ Sq. Ft. @ $ = Total Estimated Cost New . . . . . . .\" " "" = $ Less Physical I Functional External Est. Remaining Econ. Life: · Depreciation ::: $ Depreciated Value of Improvements . . . . . . . . . . . . . . . . . .. = $ "As-is" Value of Site Improvements. . . . . . . . . . . . . . . . . .. = $ INDICATED VALUE BY COST APPROACH. . . . . . . . . .. = $ ITEM I SUBJECT COMPARABLE NO.1 1826 Ridgevlew Drive 1760 Sterretts Gap Ave Address N.Middleton-Carlisle N.Middleton-Carlisle Proximity to Subject ......, j" 'r,' 0.31 MI WSW Sales Price $ N/A !','U",',,;.,i/': v:'," $ Price/Gross Liv. Area $ 0.00 ItI $ 126.38 ItI Data and/or Inspection Verification Sources Crt.Hs.Records VALUE ADJUSTMENTS DESCRIPTION Sales or Financing N/A" ,'ii Concessions .,.., Date of Salemme N/A .. ,',,(,;,.!{ Location Suburban Leasel'dJlFeeSiTple Fee Simple Site Lot/Ava .46] View Residential Design and Appeal Ranch/Ava QJaityofConstrucfun Good/Brick Aae 49 Yrs Condition Averaae Above Grade Tolal : Berms I Baths Room Count 40 6: 3: 1.50 Gross Livina Area 1.708 SaH. . Basement & Finished Full Bsmt/ Rooms Below Grade Some finish . Functional Utilitv Averaae Heatina/Coolina OHW/CA · Enerav Efficient Items TVDical Garaae/Carport 1 Car Garaae Porch, Patio, Deck, Enclsd.Porch/ Fireolace(s), etc. Cvrd.Patio/FP/ Fence, Pool, etc. Fenced yard . = N/A COMPARABLE NO.2 920 Cavalry Street N.Middleton-Carlisle 0.66 MI S 184.900 'r':':i"','\ $ 183900 $ 115.08 ItI i' .: '. . ".' .... $ MLS/Courthouse Records DESCRIPTION I t (-) S Adjustment Clsg.Csts/Conv : -6,500 DOM 62 : 9/06 : Suburban ' Fee Simple : Lot/Avg [.80] : Residential I Ranch/Ava : Good/Brick : 39 Yrs : Averaae : MLS/Courthouse Rectnds DESCRIPTION I t (-)$ Adjustment Clsg.CstsNA: -5,000 DOM 2 : 8/06 : Suburban : Fee SimDle : Lot/Avg [.29]: Residential : Ranch/Avg : Good/BrickNin : 39 Yrs I Averaae : COMPARABLE NO.3 10 Butler Court Carlisle Borouah 2.2 MI WSW $ 138.82 ItI 194 901 .' "", Total I Barns I Baths : 5: 3: 1.00 I 1.463 8o.Ft. : Full Bsmt/ : , FamRm/.5 Bath I Averaae : o HW/CA : Typical I 2 C Intarl.Gar. : Porch/Patio/ : , Shedl ' -3.500 T alai : Berms I Baths : 6: 3: 2.00' 1.598 8o.Ft. : Full Bsmt/ : I Unfinished I Averaae : HP/CA : Typical I 1 Car Garaae : Enclsd.Porch/ : , Entry/FP/ ' -1,000 4.400 MLS/Courthouse Records DESCRIPTION I t (-) S Adiustment None, Conv : DOM3 : 5/06 : Suburban ' Fee Simple : Lot/Avg [.38]: Residential : Ranch/Avg : Gd/BricklAlum : 35 Yrs ' SUDerior : -5,00 1,000 Total I Berms I Baths : 7: 3: 2.00 I 1.404 SaH. : Full Bsmt/ : I Family Room ' Average : EBB/CA : Typical I 2 Car Garage : Cvrd.Patio/FP's : , Entry/ I -400 2,00 1,000 9.800 -4.000 3,000 -1,00 12,20 -3.00 o 1,000 , , I , . I Net AdUtotal) "i';iA!1 ~ L J t Ixl. : $ 200 fx1 t fl. '$ 400 [X] t [I. '$ 1 20 ~~~::r:I:~ Price;:::. ;i\r![;iii\~i;'t;~~~~~~~t~l~:~~~[i,'t: $ 184.700 ,~~~~~!f~~;~~:i;;[,i;:';, $ 184 300 ~~~~s: .~~~:a $ 196 10 Comments on Sales Comparison (including the subject property's compatibility to the neighborhood, etc.): All com parables are similar in style, utility, and location to the subiect property. are verified closed sales, and are the best currently available. Limited sales of homes in subject's value ranae have recently occurred reauirina an expanded search. Fourth comparable added as additional data: * aae/condition adiustment combined for this sale. Adiusted ranae of value is $184,000 to $205,000. ITEM SUBJECT COMPARABLE NO.1 COMPARABLE NO.2 COMPARABLE NO.3 Date, Price and Data 1/3/2005 Source for pricr sales None None $1.00 None within vear of aopraisal CHR Courthouse Records Courthouse Records Courthouse Records Analysis of any current agreement of sale, option, or listing of the subject property and analysis of any prior sales of subject and comparables within one year of the date of appraisal: No further recent recorded transfers were found. INDICATED VALUE BY SALES COMPARISON APPROACH. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , . . . . . . . $ . INDICATED VALUE BY INCOME APPROACH If licable Estimated Market Rent $ N/A /Mo. x Gross Rent Multi lier N/A = $ This appraisal is made subject to the repars, alterations, inspections or conditions listed below 0 subjeclto completion per plans and specifications. Conditions of Appraisal: The property has been appraised in current condition. This appraisal is for client only, nontransferable. Sel attached addendum. Final Reconciliation: Cost and Market Analysis consistently support my estimated market value. GRM analysis was found ina ro riate for this anal sis. Greatest wei ht is a lied to the Market Data Anal sis. Su ortin file information . substantiates these estimates. The purpose of this appraisal is to estimate the market value of the real properly that is the subject of this report, based on the above conditions and the certification, contingent and limiting conditions, and market value definition that are stated in the attached Freddie Mac Form 439/Fannie Mae Form 1004B (Revised 6/93 ), I (WE) ESTIMATE THE MARKET VALUE, AS DEFINED, OF THE REAL PROPERTY THAT IS THE SUBJECT OF THIS REPORT, AS OF 4/11/2007 · (WHICH IS THE DATE OF INSPECTION AND THE EFFECTIVE DATE OF THIS REPORT) TO BE $ 195 000 . APPRAISER: /1 ~ SUPE~P~E'( LYIF RE Signature (-4sJa<Yld ~ 0--"t::htl-- Si natuUl:> "=.....l.A_) - Name Cassandra J. Crocke Name Steven W. Barrett, SRPA, SRA ~~~~~ ~~~~~ State Certification # RL-001348-L State PA State Certification # GA-OODa8-L Or State license # Slale Or State License # RB-021121-A Fred<ie Mac Form 70 6-93 e I Ie PAGE 2 OF 2 e Ie Produced using ACI software, 800.234.8727 www.aciweb.com Appraiser S.W. Barrett Real Estate & Appraisal Services 195,00 N/. ODid OODid N Inspect Properly State PA State PA ppralser Fannie Mae Form 1004 6 SUMMARY APPRAISAL REPORT UNIFORM RESIDENTIAL APPRAISAL REPORT COMPARABLE NO.5 COMPARABLE NO.4 221 Lam plite Drive N.Middleton-Carlisle 2.2MIW ", .,', $ 231 500 121.14 ItJ ..,i"c;,:,;,::(: $ , ':'i" $ N/A $ 0.00 ItJ $ Inspection Crt.Hs.Records MLS/Courthouse Records DESCRIPTION r DESCRIPTION I, 1-1I M,_ .J ~;' None, Conv : DOM4 : )'< 8/06 : Suburban Suburban : Fee SimDle Fee Simple : Lot/Ava r.461 Lot/Ava [.38] : Residential Residential ' Ranch/Ava Ranch/Avg : Good/Brick Good/Brick : 49 Yrs 19 Yrs I Average SUDerior : ",>, $ 1tJ',' " DESCRIPTION I t (-) $ Adjuslmenl I , 0 , 0 , I 0 0 , I , 0 , I 0 , , 0 0 0 : , , , I I : I , 0 0 , , , I 0 0 0 0 I I 0 -15.000 * T alai 0 Bltms 0 Balhs 6: 3: 1.50 1.708 So.FI. Full Bsmt/ Some finish Average OHW/CA Tvpical 1 Car Garaae Enclsd.Porch/ Cvrd.Patio/FPI Fenced vard Tolal : Bdrms: Baths : 7: 3: 2.00 ' 1.911 8o,Ft. : Full Bsmt/ : I Unfinished ' Averaae : HP/CA : Tvoical 0 2 Car Garaae : Sun Room/ : I Porch/Patio ' -4 000 1,000 T alai 0 Bdrms 0 8alhs -1,000 -8.100 SQ.FI. 1.000 :=:.;:_'.....,.,'j~L:. ~I(~il, i;: 2::.::: ~,.:': Comments on Sales Comparison (including the subject property's compatibility to the neighborhood, etc, ): File No. 07-0154 COMPARABLE NO.6 $ DESCRIPTION Total: Bdrms' Baths o , I I Ixl t [1- : $ GrpSS: " Net:, $ $ ItJ , Supplemental Valuation Section ITEM SUBJECT ~ 826 Ridgeview Drive Address N.Middleton-Carlisle Proximilv to Subiect Sales Price Price/Gross Liv. hea Data and/or Verification Sources VALUE ADJUSTh1ENTS Sales or Financing Concessions Date of SalefTime Location LeasetdlJfee SiTvIe Site View DesiQn and Aooeal Quaily of ConsfnJctXx1 AQe Condition Above Grade Room Count Gross LivinQ hea · Basement & FlIlished , Rooms Below Grade . Functional Utilitv . HeatinQ/CoolinQ Enemv Eflidentllems GaraQe/Carpor! Porch, Patio, Deck, Fireplace(s), etc, Fence, Pool, etc. I t (-) $ Adjustmenl , , , , I I , , I , , , , , , , I , , , , , Sq,FI. ' , , , : I o : o , ITEM SUBJECT COMPARABLE NO.4 COMPARABLE NO, 5 COMPARABLE NO.6 Date, Price and Data Sou'ce Ill' price sales None None within year of aooraisal CHR Courthouse Records Analysis of any current agreement of sale, option, or listing of the subject property and analysis of any prior sales of subject and oomparables within one year of the date of appraisal: . . . . ProduCEld using ACI software, 800.234.8727 www.aclwBb.com ..,;JI'.... I '-'I 1Ir'l1 ,....r'l . r'l_"'_ ,-,.---...--... Case No Property Address 1826 Ridgeview Drive City Carlisle Borrower Gretchen LOFBLAD Lender/Client Ms. Gretchen Lofblad Appraiser Name Cassandra J. Crockett Fila No 07-0154 CQunty Cumberland Slate PA lip 17013 UC Address 1830 Heishman Gardens, C8rlisle, PA 17013 Appr Address 48.0' j-mmm---.---..-------m-m-m--..--....--4Z:(j.-....-.mm-m--mm..-...m.m_....____.) ! : ! b I I Covered Patio ci ! lor-I i \ ! i L_... "h ._.mh__mm m mh____..-.-----h.- m --..---..--.-------I.-j-h--o.--.----.---.---l - 14.0' ! i Enclosed 0 i ci! Porch ~ I i Kitchen Dining Room ! Mstr .56. Bedroom W.I. b -- ~ Bath . _______________..1 Garage b " '" Foyer Living Room Bedroom Bedroom 5. . 1::'0 'E -.i: w 14.0' 25.0' 18.0' CQmments: Scale: 1 = AREA CALCULATIONS SUMMARY LIVING AREA BREAKDOWN Code Description Size Totals Breakdown Subtotals GLAl Fi.rst Floor 170B.00 1708.00 Fi.rst Floor pIp Enclosed Porch 140.00 32.0 x 48.0 1536.00 Covered Patio 420.00 560.00 4.0 x 25.0 100.00 GAR Garage 336.00 336.00 4.0 x 18.0 72.00 TOTAL LIVABLE (rounded) 1708 3 Areas Total (rounded) 1708 APEX SOflWARE 80a-858-9958 A"x8t Borrower: Gretchen LOFBLAD Property Address: 1826 Ridgeview Drive 9ity: Carlisle Lender: Ms. Gretchen Lofblad State: PA Zip: 17013 File No.: 07-0154 Case No.: f:RONT VIEW OF SUBJECT PROPERTY Appraised Date: April 11 , 2007 Appraised Value: $ REAR VIEW OF SUBJECT PROPERTY STREET SCENE Borrower: Gretchen LOFBLAD Property Address: 1826 Ridgeview Drive City: Carli51~_________________~--------------~--- state: PA Lender: Ms. Gretchen Lofblad File No.: 07-01541 Case No.: Zi~ 17013 _________ i ...:~~r~~,..~;~~-:;. i"':~"'*'i~>.--.,.. ,,'~' -'-/'.' ", ~l''''~; . COMPARABLE SALE #1 1760 Sterretts Gap Ave N.M iddleton-Carlisle Sale Date: 9106 Sale Price: $ 184,900 COMPARABLE SALE #2 920 Cavalry street N.M iddleton-Carlisle Sale Date: 8106 Sale Price: $ 183,900 ~ I COMPARABLE SALE #3 10 Butler Court Carlisle Borough Sale Date: 5106 Sale Price: $ 194,900 Borrower: Gretchen LOFBLAD ~roperty Address: 1826 Ridgeview Drive City: Carlisle . Lf;lnder: Ms. Gretchen Lofblad state: PA =-"-- l r L~ File No.: 07-0154 Case No.: Zip: 17013 COMPARABLE SALE #4 221lamplite Drive N.Mlddleton-Carlisle Sala Date: 8/06 Sala Price: $ 231,500 COMPARABLE SALE #5 Sale Date: Sale Price: $ COMPARABLE SALE #6 Sale Date: Sale Price: $ Q) > .i: C ~ Q) .- > Q) boO "C .- 0:: (.0 N o 00 . ...... N :l0- W :... o c.. >< lIJ u :... c:( e::: U) lIJ I"- 0 0 N ---- 0~ r-I I r-I 0.. '-- 0. 0 .--.. r-.. <{ Z +-' X +-' >. W .--. (J) X +-' (J) 0... x t- co (L (ll "....., t::, U <{ t- o (J) 1I) ......., ......., c E '-- '-- U ::J <{ C ...... TI co ...c: "0.. 0 ~ ...... ....... f- ....... ...... ro ro <( ro ro ~ ~ u ~ ~ r-I r-I U1 r-I r-I 1I) 1I) --l 1I) 1I) W Q) w Q) u U Q) u u '-- u '-- "- CO 0::: '-- CO <{ ro CO 0. 0. 0... 0. 0. D LOCA liON MAP Borrower: Gretchen LOFBLAD Property Address: 1826 Ridgeview Drive City: Carlisle_______ Lender: Ms. Gretchen Lofblad File No,: 07-0154 Case No.: State: PA -----------~- ~------ Zip: 17013 ~, / \ \ ~\ I ~ \ ~, \ \ \Qo \ \ ~~ ~.'V ..\ . \' . ',s' \ \"'~'::"'/:> '\ \ ')>0 \ I '" \ \ )~ i ~~ ~/~~ \~~~~<, }/J/ \'~\ / , \ " / \ .)/ j \. f / ; / /~ ./ /".........-- i \ , ~ I_.~-. . \ . --~ >\ \ _/~'-/ \'x~--) <~ - \ /.../ // \.,.... ~; -( ---- \.',- /. /,/' -~~, \~. - ) ./'1 \ -',,-\ .r// ~~/J '''', \ ( \ / " \. '"./ '\, \ \\ \ \ \~\ , - . . \, \"" \\ / '\. '...""------ \ .9t, f --x .::.;. \" / " -dl ~?1 \' '--\.~~o ~Cl "'6 \'-~?.. \', .f '<~( \ C/-\ \\ .//// \. \ r', '\. \c):. \ \ ~I I;;; \/ - \\.;4-1-- \.~ \ Cmnp I @ \ \\\.~ ~ ~'O<.- \ 0," ", ",,'11' ,/ \ " --...... (. \ -IV ,,1 ./ \"""'~>-'-... ) ) /) \ '--;>7/ ''.,', ~~ ! j V '.....~ '~, ...-...--'--~......'____....-~-.. /i /..- ''-....:.1J)S'-, _/ /) ~-!1?Z;"- I ," ~ I I '0, - ~-. //1-;:0~-,: '-r":l:~ IiU jV l..1 ....i ~t~) /' I ~ "" " /' ( /\~ '" Cl ',_ / ~--'-_ (r'/ ! I~. \~ r~~.AI-.ll.'i. ./ --- _ <1 _'_ j ( ...J ._J .~ Y ~'(......, - "'\.', (;. 'Y,,~..~_.- j/ ~ .. i f 1 I ! i \ I ~ /\~\ \ ,@ .../ \~ /F ....... ) \ .-- \"Y,., ,~~ d2/// \ // ./~' ~ /"". 'y ~/.- 1.........~ {/'~ '\ .-// 0 /~ / W \ ...... \'/' ~.,/ )/&\ ,. /J -.J.~ _I / ~-o ".....c ./' h~' ~?~./ -.J, ~~v _..,~,~ l.I. \ ~J' '}./- '\ (~_ ...-..~<r .-~ d. \r\ \..._\::~:;;" /" \, I J I f.....--< ." "7/ ?~. ,/)~< /')\ /,\::.~~./ .,Y/ff;V x. I 14?1=:\)l (~~lf/)y~~ , /~) \ -' 1\ / ,1'/,', ,- r= ("-: "'~, 'v'/'t'-J-. l /,"- ~ .::.--( \ ....... <" =. "3:)<' ;\~.!IJ/ ('J' ----...j/ ( .. .,../ .::,,-) \ -J / -' .... --:!<~...., - ~ _ l! ....,..../'-....5:!.J \ / \ & z - +--..,-._..__.. \ // ,~ , I -------=- '- -"- y _\ / '/ - \ ":>~/ - - ~f______~ ,I " rn''\'':..- ',y" / I ~~/ I ---1 -_,E.._r=l1'LfSR'7// - --r-' .' c HIGH" _ ...~ ( :. . ~T Q~ / ~L!// -~~~. "D ! .~-~/ ~ I '" f "- "1/.! /.~~@i "'",- . / '< / \. /fF /" y J (~ (._. / /) 1-1 '. ,..... I,J 0 MOTTs VE ir' /( ~/7 (J :z ;;: z Q. 0) ! I I I I I I I / / 3.49 mi les I Prepared by: Steven W. Barren RE .A.ppr Sve. 10 Address (717) 243-6646 Date N/A AV 9/06 S;06 6/06 8/06 Price RM BR Bath SqFt Proximity' N/A 6 3 1.5 1708 0.00 M1 184900 5 3 1 1463 0,31 t1I WSW 183900 is 3 2 1598 0_56 M1 S 194900 7 3 2 14(14 2_2 HI WSW 231,500 7 3 2 1911 2.2 MI W S 1826 R1DGEVIEW DR 1 1760 STERRETTS GAP _ 920 ~~V~~y Sf l3 10 BUTLER CT 4 221 LM~L1TE DR ' .---.---- Fie No. 07-0154 1 I i I I I I I ; \ I I I I \ I I , I ********* QUALIFICATIONS ********* The following checked items are SPECIFIC SPECIAL CONDITIONS that were identified by this appraiser during the inspection of the subject property, the comparables sales, and their neighborhoods and locations. Unless otherwise noted, the conditions that apply to the subject property or the comparable sales used DO NOT AFFECT THE MARKET VALUE OR THE FUTURE MARKETABILITY OF THE SUBJECT PROPERTY BEING APPRAISED. This is not a home inspection service. This is an appraisal to estimate market value. _1. The subject is located in a rural area and is less than 25% built-up. _x_2. Commercialllndustrial uses are located within the subject's neighborhood. These uses are typical of similar neighborhoods. _x_3. Vacant and undeveloped land uses are located within the subject's neighborhood. These uses are typical for the area. _x_ 4. The predominant value in the neighborhood is less than that of the market value of the subject property. This is due to the very wide range of value of properties in the area and superior quality of the subject property. _5. The subject property is located in a F.E.M.A. Identified Flood Zone. Flood insurance coverage is required and suggested. _6. Dampness is noted in the basement of the subject. Standing or running water was not present on basement floor. This condition is considered typical in dwellings of this style. _7. The subject property is serviced by private well and/or septic systems which is common for the area. _x_8. The subject is older than five(5) years. All mechanical systems including the heating, electrical and plumbing systems appear upon a visual exterior inspection to be in working order. No warranties are implied in this statement. _9. Repair items were noted in the comments section of the report. These comments on repair items are for descriptive purposes only and are not required repairs. The items listed are cosmetic in nature. _10. The basement floor is a dirt floor. This condition is common and typical for the area. and does not pose a health or safety hazard. _11. The subject property does contain functional obsolescence as noted in the report. This condition is considered typical and common far the area and this style dwelling. _12. The land value exceeds 30% of total value due to the high demand for vacant land in this neighborhood. This condition is considered common and typical for the neighborhood. _13. The land value exceeds 30% of total value. This is due to the large size of the site. This condition is considered to be typical and common. _14. Individual adjustments were required that exceed 15%. These adjustments were required due to lack of more similar comparables on that individual rating. All comparables used are the best available. _15. Total adjustments exceed 25%. This is due to the lack of comparable sales that were more similar in the subject's market area. All comparables used are the best available. _x_16. One or more comparable sales are older than six(6) months. Although there are comparable properties in the subject's area, none have sold recently; therefore, sales in excess of six(6) months have to be used. All com parables used are the best available. _x_H. One or more comparables used were in excess of one (1) mile from the subject property. Although there are comparable properties in the immediate area, none have sold recently. Therefore, it was necessary to use comparable sales outside of the immediate area. All com parables used are located in similar neighborhoods and within the same marketing area. All comparables used are the best available. _18. The electrical system was not connected during inspection. _19. The water service was not connected during inspection. _20. The heating system was shut down during inspection. _21. Roofing_Plumbing_Electrical_Heating_certification(s) is/are suggested. 22. Inground swimming pool_, out buildings_are included_I not included_according to lender's guidelines. _23. According to lender's guidelines a maximum of_acres were considered for this valuation. Remaining acreage was given no value. F~eNo. 07-0154 , I \ I ********* QUALIFICATIONS ********* _24. The subject property is located on a private road. _25. Wood infestation inspection is suggested. _ _26. Last recorded deed transfer: Date_N/A J Consideration: $ N/A . -- _27. Proposed construction/renovation in accordance to plans and specifications to be completed in a workman-like manner. _28. Seller is paying part or all of closing costs. _x_29. All comparable sales are verified closed sales. _x_30. There are no special conditions or other requirements that would affect market value or future marketability in the Appraisal Report. CHECKED ITEMS ARE SPECIFIC SPECIAL CONDITIONS THAT WERE IDENTIFIED BY THIS APPRAISER DURING INSPECTION. ... l File No. 07-0154 ********* QUALIFICATIONS ********* Confidentiality and Security Policy We consider privacy to be fundamental to our relationship with clients. We are committed to maintaining the confidentiality, integrity and security of clients' personal information. Internal policies have been developed to protect this confidentiality, while allowing client needs to be served. We restrict access to personal information to authorized individuals who need to know this information to comply with federal standards to protect your nonpublic personal information. We do not disclose this information about you or any former consumers or customers to anyone, except as permitted by law. The law permits us to share this information with our affiliates. The law also permits us to share this information with companies that perform marketing. When we share nonpublic information referred to above, the information is made available for limited purposes and under controlled circumstances. We require third parties to comply with our standards for security and confientiality. We do not permit use of consumer/customer information for any other purpose nor do we permit third parties to rent, sell, trade or otherwise release or disclose information to any other party. Education As of the date of this report, I and/or Steven W. Barrett, SRPA, SRA, have completed the requirements under the continuing education program of the Appraisal Institute. File No. 07-0154 . DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby: (1) buyer and seller are typically motivated; (2) both parties are well informed or well advised, and each acting in what he considers his own best interest; (3) a reasonable time is allowed for exposure in the open market; (4) payment is made in terms of cash in U.S. dollars or in terms of financial arrangements comparable thereto; and (5) the price represents 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 com parables 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 or creative financing adjustments can be made to the comparable property 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 judgment. 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: 1. 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 the 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 arrangements 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. ) 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 environmental assessment of the property. 7. The appraiser obtained 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 appraiser 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 appraisal 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 her prior written consent before the lender/client specified in the 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 than 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 section of the report only to data collection or reporting service(s) 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. Freddie Mac Form 439 6-93 Page 1 of 2 Fannie Mae Form 1004B 6-93 File No. 07-0154 APPRAISERS CERTIFICATION: The Appraiser certifies and agrees that: 1. I have researched the subject market area and have selected a minimum of three recent sales of properties most similar and proximate to the subject property for consideration in the sales comparison analysis and have made a dollar adjustment when appropriate to refleclthe market reaction to those items of significant variation. If a significant item in a comparable property is superior to , or more favorable than, the subject property, I have made a negative adjustment to reduce the adjusted sales price of the comparable and, if a significant item in a comparable property is inferior to, or less favorable than the subject property, I have made a positive adjustment to increase the adjusted sales price of the comparable. 2. I have taken into consideration the factors that have an impact on value in my development of the estimate of market value in the appraisal report. I have not knowingly withheld any significant information from the appraisal report and I believe, to the best of my knowledge, that all statements and information in the appraisal report are true 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 that is the subject to this report, and I 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 status, 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. 5. 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 performing the appraisal. I did not base the appraisal report on a requested minimum valuation, a specific valuation, or the need to approve a specific mortgage loan. 7. I performed this appraisal in conformity with the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place as of the effective date of this appraisal, with the exception 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 I 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 appraisal report. I further certify that I have noted any apparent or known adverse 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 marketability 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 preparation of the appraisal report, I have named such individual(s) 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 supervisory appraiser signed the appraisal report, he or she certifies and agrees that: I directly supervise the appraiser who prepared the appraisal report, have reviewed the appraisal report, agree 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 APPRAISED: 1826 Ridgeview Drive, Carlisle, PA 17013 APPRAISER: SUPERVISORY APPRAISER (only if required) Sigo'lure ~..,) Y---IT Name: Steven W. Barrett, SRPA. SRA Date Signed: 4/12/2007 State Certification #: GA-000298-L or State License #: RB-026921-A State: PA Expiration Date of Certification or License: 06/30/2007 Signature: tl1J~i:l9-t..06 ~--,-J e ~JJ. tI-- Name: Cassandra J. Crockett Date Signed: 4/12/2007 State Certification #: RL-001348-L or State License #: State: PA Expiration Date of Certification or License: 06/30/2007 o Did 00 Did Not Inspect Property Certified Residential Appraiser Freddie Mac Form 439 6-93 Certified General Appraiser Page 2 of 2 Fannie Mae Form 1004B 6-93 ADDENDUM aorrower: Gretchen LOFBLAD Property Address: 1826 Ridgeview Drive City: Carlisle Lender: Ms. Gretchen Lofblad FileNo.: 07-0154 Case No.: State: PA Zip: 17013 Additional Features Heating system, some floorings, some windows, some plumbing fixtures recently replacedj hardwood floors through-outj ceiling fans; ceramic tile In main bath; kitchen Ie dated; basement heated, some paneled walls, block shower, electric elevator/chair to access la"ndry in lower level; enclosed porch, covered patio, entry porch, fenced area In rear yard. Addendum Page 1 of 1