HomeMy WebLinkAbout05-03-07
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15056051058
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 Number Date of Death
OFFICIAL USE ONLY
County Code Year
INHERITANCE TAX RETURN 2' I D7
RESIDENT DECEDENT
File Number
DOOLj7!
Date of Birth
174-05-3935
01/07/2007
07/13/1918
Decedent's Last Name
Suffix
Decedent's First Name
MI
Keck
Louise
K
(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
C.'\ 1. Original Return
2. Supplemental Return
3. Remainder Return (date of death
prior to 12-13-82)
5. Federal Estate Tax Return Required
4. Limited Estate
'.J
4a. Future Interest Compromise (date of
death after 12-12-82)
7. Decedent Maintained a Living Trust
(Attach Copy ofTrust)
10. Spousal Poverty Credit (date of death 11. Election to tax under Sec. 9113(A)
between 12-31-91 and 1-1-95) (Attach Sch. 0)
CORRESPONDENT - THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO:
Name Daytime Telephone Number
6. Decedent Died Testate
(Attach Copy of Will)
9. Litigation Proceeds Received
8. Total Number of Safe Deposit Boxes
William C. Kallas
(717) 731-1
--<(":
Firm Name (If Applicable)
Kallas and Kennedy
First line of address
'-'-'
1104 Fernwood Avenue
1')
Second line of address
p..~)
City or Post Office
State
ZIP Code
DATE FILED
-'
Camp Hill
PA
17011
Correspondent's e-mail address:
Under penalties of perjury, I declare that I have examined this retum, including accompanying schedules and statements, and to the best of my knowledge and belief,
it is true, correct and complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge.
IBLE FOR FILING RETURN
7TE J
5 J 07
ADDRESS .
iLflO LO(\~\S baf) 1Loc~ I (il.(~Lt..-, fA 1701~
SIGNATURE OF PRE ARER OTHER THAN REPRESENTATIVE
DATE
ADDRESS
PLEASE USE ORIGINAL FORM OiNLY
Side 1
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15056051058
15056051058
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15056052059
REV-1500 EX
Decedent's Social Security Number
Decedent's Name:
Louise
K Keck
174-05-3935
RECAPITULATION
1. Real estate (Schedule A). ....... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 1.
45,150.00
2,456.00
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.
134,339.28
2,000.00
6. Jointly Owned Property (Schedule F) Separate Billing Requested . . . . . .. 6.
7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property
(Schedule G) Separate Billing Requested. . . . . . .. 7.
8. Total Gross Assets (total Lines 1-7). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 8.
183,945.28
24,717.48
2,896.60
27,614.08
156,331.20
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.
156,331.20
TAX COMPUTATION. SEE INSTRUCTIONS FOR APPLICABLE RATES
15. Amount of Line 14 taxable
at the spousal tax rate, or
transfers under Sec. 9116
(a)(1.2) X .0_
16. Amount of Line 14 taxable
at lineal rate X.O_
17. Amount of Line 14 taxable
at sibling rate X .12
18. Amount of Line 14 taxable
at collateral rate X .15
15.
16.
77,166.00
17.
9,260.00
11,875.00
21,135.00
79,166.00
18.
19. TAX DUE. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19.
20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT
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15056052059
Side 2
15056052059
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REV-1500 EX Page 3
Decedent's Complete Address:
DECEDENTS NAME
Louise K Keck
STREET ADDRESS
1024 N. West Street
DECEDENTS SOCIAL SECURITY NUMBER
174-05-3935
CITY
Carlisle
STATE
PA
ZIP
17013
Tax Payments and Credits:
1. Tax Due (Page 2 Line 19)
2. Credits/Payments
A. Spousal Poverty Credit
8. Prior Payments
C. Discount
(1)
21,135.00
19,000.00
950.00
Total Credits (A + 8 + C ) (2)
3. Interest/Penalty if applicable
D. Interest
E. Penalty
19,950.00
Total Interest/Penalty ( D + E ) (3)
4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT.
Fill in avalon Page 2, Line 20 to request a refund. (4)
5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE.
1,185.00
8. Enter the total of Line 5 + 5A. This is the BALANCE DUE.
(5)
(5A)
(58)
A. Enter the interest on the tax due.
1,185.00
Make Check Payable to: REGISTER OF WILLS, AGENT
PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS
1. Did decedent make a transfer and: Yes No
a. retain the use or income of the property transferred;.......................................................................................... D [iJ
b. retain the right to designate who shall use the property transferred or its income; ............................................ D [iJ
c. retain a reversionary interest; or.......................................................................................................................... D [KJ
d. receive the promise for life of either payments, benefits or care? ...................................................................... D [iJ
2. If death occurred after December 12, 1982, did decedent transfer property within one year of death
without receiving adequate consideration? .............................................................................................................. D [iJ
3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? .............. D [iJ
4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which
contains a beneficiary designation? ........................................................................................................................ D [iJ
IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN.
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. 99116 (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. 99116 (a) (1.1) (ii)]. The statute does not exempt 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. 99116(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. 99116(1.2) [72 P.S. 99116(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. 99116(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+ (6-9.
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE A
REAL ESTATE
ESTATE OF
Louise K. Keck
FILE NUMBER
00048
All real property owned solely or as a tenant in common 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 seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts.
Real property which is jointly-owned with right of survivorship must be disclosed on Schedule F.
ITEM
NUMBER
1.
DESCRIPTION
VALUE AT DATE
OF DEATH
1024 N. West Street, Carlisle, PA 17013
1/2 Interest
45,150.00
Sold April 11 ,2007 HUD Attached
TOTAL (Also enter on line 1, Recapitulation) $
(If more space is needed, insert additional sheets of the same size)
45,150.00
REV-1503 EX+ (6-98.
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE B
STOCKS & BONDS
ESTATE OF
Louise K. Keck
FILE NUMBER
00048
All property jointly-owned with right of survivorship must be disclosed on Schedule F.
2.
DESCRIPTION
Series EE US Savings Bond R6095506EE
Series EE US Savings Bond R6095507E
Series EE US Savings Bond R6095508EE
VALUE AT DATE
OF DEATH
ITEM
NUMBER
1.
200.00
200.00
3.
200.00
4.
Series EE US Savings Bond R6095505E
200.00
5.
Series E US Savings Bond C2057050434E
Series E US Savings Bond L 11 07144256E
100.00
6.
50.00
7.
Interest on above Bonds
1,506.00
TOTAL (Also enter on line 2, Recapitulation) $
(If more space is needed, insert additional sheets of the same size)
2,456.00
REV-1508 EX+ (6-98) '*
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE E
CASH, BANK DEPOSITS, & MISC.
PERSONAL PROPERTY
ESTATE OF
Louise K. Keck
FILE NUMBER
00048
Include the proceeds of litigation and the date the proceeds were received by the estate.
All property jointly-owned with right of survivorship must be disclosed on Schedule F.
ITEM
NUMBER DESCRIPTION
1. Cash
2. M&T Bank
3. M&T Bank
4. Social Security & Interest Checks
5. Defense Activities FCU 3MO-55007 -KE-42-3
6. Defense Activities FCU 3MO-55007 -KE-4-43
7. 2003 Honda Civic LX
8. Met Life Shares
9. Retirement
10. Interest
11. IRS 2006 - Reimbursement (anticipated)
12. Membe~s 1 st - Savings Account
13. Member's 1st - Money Management
VALUE AT DATE
OF DEATH
2,200.00
19,718.33
44,556.12
1,252.15
21,015.29
19,112.63
8,250.00
1,789.54
608.70
396.52
440.00
4,406.38
10,593.62
TOTAL (Also enter on line 5, Recapitulation) $
(If more space is needed, insert additional sheets of the same size)
134,339.28
REV-15D9 EX+ (6-98*
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE F
JOINTLY-OWNED PROPERTY
ESTATE OF
Louise K. Keck
FILE NUMBER
00048
If an asset was made joint within one year of the decedent's date of death, it must be reported on Schedule G.
SURVIVING JOINT TENANT(S) NAME
ADDRESS
RELATIONSHIP TO DECEDENT
A. Bonita L. Hamman
1470 Long's Gap Road
Carlisle, PA 17013
Niece
B.
C.
JOINTLY.OWNED PROPERTY:
LETTER DATE DESCRIPTION OF PROPERTY %OF DATE OF DEATH
ITEM FOR JOINT MADE INCLUDE NAME OF FINANCIAL INSTITUTION AND BANK ACCOUNT NUMBER OR SIMILAR OATE OF DEATH DECD'S VALUE OF
NUMBER TENANT JOINT IDENTIFYING NUMBER, ATTACH DEED FOR JOINTLY-HELD REAL ESTATE. VALUE OF ASSET INTEREST DECEDENT'S INTEREST
1, A. 01/01/86 Series HH US Savings Bond D142546HH 500.00 100 500.00
2. A. 07/01179 Series H US Savings Bond D12414213H 500,00 100 500.00
3, A. 07/01179 Series H US Savings Bond D12414212H 500.00 100 500,00
4. A. 07/01179 Series H US Savings Bond D12414214H 500.00 100 500.00
TOTAL (Also enter on line 6, Recapitulation) $ 2,000,00
(If mDre space is needed, insert additional sheets of the same size)
REV-1511 EX+ (12-99)
'*
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE H
FUNERAL EXPENSES &
ADMINISTRATIVE COSTS
ESTATE OF
Louise K. Keck
FILE NUMBER
00048
Debts of decedent must be reported on Schedule I.
ITEM
NUMBER
A.
DESCRIPTION
AMOUNT
1.
FUNERAL EXPENSES:
Ewing Brothers Funeral Home, Inc.
George's Flowers
8,528.70
153.70
678.88
765.00
2.
3. Arlene F. Miller (Repast)
4. Westminister Cemetery
B. ADMINISTRATIVE COSTS:
1. Personal Representative's Commissions
Name of Personal Representative(s) Bonita L. Hamman
Social Security Number(s)/EIN Number of Personal Representative(s)
Street Address 1470 Long's Gap Road
City Carlisle
8,250.00
.State PA Zip 17013
Year(s) Commission Paid:
2.
Attomey Fees
5,600.00
3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation)
Claimant
Street Address
City
Relationship of Claimant to Decedent
4. Probate Fees
5. Accountant's Fees
6. Tax Return Preparer's Fees
7. Miscellaneous
a. Pennsylvania Department of Revenue 2006 Taxes
b. Carlisle Borough Tax Account 2007 Taxes
State . Zip
642.30
94.00
4.90
TOTAL (Also enter on line 9, Recapitulation) $
(If more space is needed, insert additional sheets of the same size)
24,717.48
REV-1512 EX+ (12-03)
'*
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE I
DEBTS OF DECEDENT,
MORTGAGE LIABILITIES, & LIENS
ESTATE OF
Louise K. Keck
FILE NUMBER
00048
Report debts incurred by the decedent prior to death which remained unpaid as of the date of death, including unreimbursed medical expenses.
ITEM VALUE AT DATE
NUMBER DESCRIPTION OF DEATH
1.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
2.
Kough's Oil Service 682.50
PPL Electric Utilities 190.68
Com cast 17.97
Embarq 78.17
Borough of Carlisle 75.44
Nationwide Mutual Fire Ins. Co. 38.00
Bon-Ton Credit Card 29.00
Boscov's Credit Card 29.00
FIA Credit Card 111.14
Visa Credit Card 74.11
SW. Barrett Appraisals 300.00
Subway Auto Body 500.00
Commonwealth of Pennsylvania 58.50
AM 20.00
Cumberland County of Aging 5.88
Deluxe Checks 66.41
Michael Hamman, Snow Removal 60.00
Hoy's Greenhouse 37.10
Staples 110.99
Smith's Applicances 102.71
Bonita L. Hamman 300.00
Vital Records 9.00
3.
4.
5.
6.
7.
8.
9.
2,896.60
TOTAL (Also enter on line 10, Recapitulation) $
(If more space is needed, insert additional sheets of the same size)
REV-1513 EX> (9-00) '*
COMMONWEAlTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE J
BENEFICIARIES
ESTATE OF
Louise K. Keck
FILE NUMBER
00048
RELATIONSHIP TO DECEDENT AMOUNT OR SHARE
NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE
I TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under
Sec. 9116 (a) (1.2)]
1. Arlene F. Miller Sister 50%
2. Bonita L. Hamman Niece 12.5%
3. Robert C. Miller Nephew 12.5%
4. Jennifer L. Hamman Grandniece 12.5%
5. Joshua M. Hamman Grandnephew 12.5%
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 $
(If more space is needed, insert additional sheets of the same size)
One Percent Withheld
Arlene F. Miller
Bonita L. Hamman
Robert C. Miller
Jennifer L. Hamman
Joshua M. Hamman
$659.00
$135.00
$135.00
$ 65.00
$115.00
EXHIBIT" A"
IRS 2006 Reimbursement (Anticipated)
Arlene F. Miller
Bonita L. Hamman
Robert C. Miller
Jennifer L. Hamman
Joshua M. Hamman
$220.00
$ 55.00
$ 55.00
$ 55.00
$ 55.00
HENRY L. STUART, P.C.
ATTORNEY AT LAW
',-3 S. '8A~OVER STREET
CARUSLE, PA. 17013
LAST WILL AND TESTAMENT
I, LOUISE K. KECK, of Carlisle, Cumberland County, Pennsylvania, being of
sound mind, memory and understanding, do make, publish and declare this as and
for my last will and testament, hereby revoking and making void all wills by me
at any time heretofore made.
FIRST. I henby direct my personal representative hereinafter named to pay
all my just debts and funeral expenses as soon after my decease as may be found
convenient to do so.
SECOND. I give and bequeath certain items of tangible personal property to
the people and parties listed on a separate memo.
THIRD. I order and direct that all the rest, residue and remainder of my
estate, real, personal and mixed, be sold at either public or private sale and
converted into cash and after the same has been converted into cash and all my
just debts, funeral expenses, etc. have been paid as above I then give and bequeath
the balance as follows:
(a) One-half (1/2) thereof to my sister, Arlene F. Miller, or her issue.
(b) One-eighth (1/8) thereof to my niece, Bonita L. Hamman.
(c) One-eighth (l/S) thereof to my nephew, RobertC. Miller.
(d) One-eighth (l/S) thereof to my grandniece, Jennifer L. Hamman.
(e) One-eighth (l/S) thereof to my grandnephew, Joshua M. Hamman.
LASTLY, I nominate, constitute and appoint my sister, Arlene F. Miller,
Executrix, of this my last will and testament, without the necessity of filing
bond or surety in this or any other jurisdiction.
IN{T:SS
?4
.1--l
WHEREOF, I have hereunto set my hand and seal this t2 day of
, A.D., 19S5.
~4<-
r /ft~-L/(SEAL)
Signed, sealed, published and declared, by the abov.e named Testatrix, Louise
K. Keck, as and for her last will and tes.tament,in the presence of us, who, at
her request and in her presence and in the presence of each other, have hereunto
subscribed our names as witnesses thereto. ,,' " ;I "
,'.' "/r#t~~
/ . .
1~~f"l. \ ~/j}"jltr#
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
BUREAU OF INDIVIDUAL TAXES
DEPT 280601
HARRISBURG, PA 17128-0601
REV-1162 EX(11-96)
RECEIVED FROM:
PENNSYLVANIA
INHERITANCE AND ESTATE TAX
OFFICIAL RECEIPT
KOLLAS WILLIAM C
1104 FERNWOOD AVENUE
CAMP HILL, PA 17011
-------- (old
ESTATE INFORMATION: SSN: 174-05-3935
FILE NUMBER: 2107-0048
DECEDENT NAME: KECK LOUISE K
DATE OF PAYMENT: 03/29/2007
POSTMARK DATE: 03/28/2007
COUNTY: CUMBERLAND
DATE OF DEATH: 01/07/2007
NO. CD 007953
ACN
ASSESSMENT
CONTROL
NUMBER
AMOUNT
101 I $19,000.00
I
I
I
I
I
I
I
I
TOTAL AMOUNT PAID:
$19,000.00
REMARKS:
CHECK# 1022
SEAL
INITIALS: JA
RECEIVED BY:
TAXPAYER
GLENDA FARNER STRASBAUGH
REGISTER OF WILLS
Andrews & Johnson
A. SETTLEMENT SHEET
78 W. Pomfret St., Carlisle, Pa. 17013
HUD-1
RESPA HB 4305-2
B. Type of Loan
- FHA - FmHA - Conv. Unins. FileNo. ILoan No. Mortgage Ins. Case No.
VA Conv. Ins.
C. This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agents are shown.
Items marked "(p.o.c.)" were paid outside the closing: They are shown for informational purposes and are not included in the totals.
D. Name and Address of Borrower E.Name and Address of Seller F. Name and Address of Lender
Francis V. Salomone and Bonita L. Hamman, Executrix for the Estate of Countrywide Bank FSB
Catherine M. Salomone Louise K. Keck and
Arlene F. Miller
G. Property Location H.Settlement Agent
1024 North West Street Ronald E. Johnson, Esquire
Carlisle, PA 17013 Place of Settlement I. Settlement Date
78 West Pomfret Street I April 11, 2007
Carlisle PA 17013
J. SUMMARY OF BORROWER'S TRANSACTION K. SUMMARY OF SELLER'S TRANSACTION
100, GROSS AMOUNT DUE FROM BORROWER: 400. GROSS AMOUNT DUE TO SELLER:
101. Contract sales price $95,000.00 401. Contract sales price $95,000.00
102. Personal Property 402. Personal property
103. Settlement charges to borrower{line1400) $2,182.25 403.
104. 404.
105. 405.
Adjustments for items paid by seller in advance: Adjustments for items paid by seller in advance:
106. City/town taxes to $0.00 406. City/town taxes to $0.00
107. County taxes 04/11/2007 to 12/31/2007 $316.81 407. County taxes 04/11/2007 to 12/31/2007 $316.81
108. Assessments to 408. Assessments to
109. Maintenance to 409. Maintenance to
110. School taxes 04/11/2007 to 06/30/2007 $228.97 410. School taxes 04/11/2007 to 06/30/2007 $228.97
111. to 411. Commitment fee to
112. to 412. to
120. GROSS AMOUNT DUE FROM BORROWER: $97,728.03 420. GROSS AMOUNT DUE TO SELLER: $95,545.78
200. AMOUNTS PAID BY OR IN BEHALF OF BORROWER: 500. REDUCTIONS IN AMOUNT DUE TO SELLER:
201. Deposit or earnest money $1,000.00 501. Excess deposit (see instructions)
202. Principal amount of new loan{s) $76,000.00 502. Settlement charges to seller (line 1400) $5,245.73
203. Existing loan{s) taken subject to 503. Existing loan{s) taken subject to
204. Commitment Fee 504. Payoff of first mortgage
205. 505.
206. 506. Payoff of second mortgage loan
207. 507.
208. 508.
209. 509.
Adjustments for items unpaid by seller: Adjustments for items unpaid by seller:
210. City/town taxes to $0.00 510. City/town taxes to $0.00
211. County taxes to $0.00 511. County taxes to $0.00
212. Assessments to 512. Assessments to
213. School taxes to $0.00 513. Maintenance to
214. to 514. School/taxes to $0.00
215. to 515. to
216. to 516. to
217. to 517. to
218. to 518. to
219. to 519. to
220. TOTAL PAID BY/FOR BORROWER $77,000.00 520. TOTAL REDUCTION AMOUNT DUE SELLER: $5,245.73
300. CASH AT SETTLEMENT FROMITO BORROWER 600. CASH AT SETTLEMENT TO/FROM SELLER:
301. Gross amount due from borrower (line 120): $97,728.03 601. Gross amount due to seller (line 420) $95,545.78
302. Less amounts paid by/for borrower (line 220) $77,000.00 602. Less total reductions in amount due seller $5,245.73
303.CASH ([ X ] FROM) ([ ] TO) BORROWER: $20,728.03 603. CASH ([X] TO) ([ ] FROM) SELLER: $90,300.05
L. SETTLEMENT CHARGES Paid From Borrower's Paid From Seller's
700. TOTAL SALES/BROKER'S COMMISSION Based on price $95,000.00 @ 4.0% funds at Settlement funds at Settlement
Division of commission (line 700) as follows: $3,800.00
701. to
702. $3,800.00 to Spencer & Spencer
703. Commission paid at settlement $3,800.00
800. ITEMS PAYABLE IN CONNECTION WITH LOAN.
801. Loan origination fee to
802. Loan discount to
803. Appraisal Report to LandSafe Appraisal Services, Inc. ($500.00) POC
804. Credit Report to LandSafe Credit, Inc ($35.00) POC
805. Final inspection fee to
806. Application fee to
807. Flood Check Fee to LandSafe Flood Dertermination, Inc. $26.00
808. Commitment Fee to
809. FNMA Processing Fee to
810.
811.
812.
813.
900. ITEMS REQUIRED TO BE PAID IN ADVANCE.
901. Interestfrom to @ per day
902. Mortgage insurance premium for mo. to
903. Hazard insurance premium for yrs. to
904. Flood insurance yrs. to
905.
1000. RESERVES DEPOSITED WITH LENDER
1001. Hazard insurance mo.@ per mo. $0.00
1002. Mortgage insurance mo.@ per mo. $0.00 .
1003. City property taxes mo.@ per mo. $0.00
1004. County property taxes mo.@ per mo. $0.00
1005. Annual assessments (Maint.) mo.@ per mo. $0.00
1006. School Property Taxes mo.@ per mo. $0.00
1007. Water Dist. Prop. Tax mo.@ per mo. $0.00
1008. Aggragate Escrow Adjustment
1009.
1100. TITLE CHARGES:
1101. Settlement or closing fee to
1102. Abstract or title search to
1103. Title examination to
1104. Title insurance binder to
1105. Document preparation to
to
11 06. Notary fees to cash $30.00 $20.00
1107. Attorney fees to
Attorney fees to
1108. Title insurance to Ronald E. Johnson, Agent $828.75
(includes above items No.:
1109. Lender's coverage $76,000.00
1110. Owner's coverage $95,000.00
1111. Title Insurance Endorsements $200.00
1112. Restrictions
111 3. Messenger service to Andrews & Johnson $15.50
1114. Wire fee to Andrews & Johnson
1115.Closing Protection Letter fee to Commonwealth Land Title $35.00
1200 GOVERNMENT RECORDING AND TRANSFER CHARGES
1201. Recording fees: Deed $38.50 Mortgage $58.50 Satis Piec $97.00
1202. City/county tax stamps: Deed $950.00 Mortgage $950.00
1203. State tax/stamps: Deed $950.00 Mortgage $950.00
1204. Tax Certificates
1205.
1300 ADDITIONAL SETTLEMENT CHARGES
1301. Survey
1302. Pest inspection
1303. Carlisle Borough Tax Dept - 2007 county/township taxes $438.01
1304. Carlisle Borough - water/sewer - aect no: 00168 $37.72
1305.
1400. TOTAL SETTLEMENT CHARGES (entered on lines 103, Section J and 502, Section K) $2,182.25 $5,245.73
File Number
CERTIFICATION
I direct and authorize the Company to make the distributions indicated for my account on the
attached HUD-1 Settlement Statement, approving the tax prorations indicated therein, and
understand that prorations were based on figures for the preceding year, or estimates for the
current year, and in the event of any change for the current year, all necessary adjustments
must be made between Seller and Borrower direct; likewise and DEFICIT in delinquent taxes
will be reimbursed to Title Company by the Seller.
I have carefully reviewed the HUD-1 Settlement Statement and to the best of my knowledge
and belief it is a true and accurate statement of all receipts and disbursements made on my
account or by me in this transaction. I further certify that I have received a copy of the HUD-1
Settlement Statement.
Francis V. Salomone
Bonita L. Hamman, Executrix for Estate
of Louise K. Keck
Borrowers Catherine M. Salomone
Sellers
Arlene F. Miller
To the best of my knowledge, the HUD-1 Settlement Statement which I have prepared is a
true and accurate account of the funds which were received and have been or will be
disbursed by the undersigned as part of the settlement of this transaction.
Settlement Agent
Ronald E. Johnson
Date
RECEIPTS:
Downpayment:
Mortgage Financing:
From Purchasers:
$1.000.00
$75.974.00
$20.728.03
TOTAL RECEIPTS
$97 702 03
DISBURSEMENTS:
Check # Payee
Mortaaae Pavoff to:
Proceeds to Sellers:
Realtor's Commission to: Spencer &Spencer
Realtor's Commission to:
Realtor's transaction fee to:
Realtor's transaction fee to:
Bank fees to:
Notarv fees to cash
Notarv fees to cash
Attornev's fee to Ronald E. Johnson. Aaent
Attornev's fee to:
Overniaht mail service to Andrews & Johnson
Recorder of Deeds
Recorder of Deeds
Pest Inspection to:
Water/Sewer to:
Taxes to: Carlisle Borough
Wire fee to Andrews & Johnson
Closina Protection letter fee to Andrews & Johnson
TOTAL DISBURSEMENTS $9770203
Amount
$90,300.05
$3,800.00
$30.00
$20.00
$1,028.75
$15.50
$950.00
$1,047.00
$37.72
$438.01
$35.00
$
$