Loading...
HomeMy WebLinkAbout07-06-07 " -I 15056041147 REV-1500 EX (06-05) OFFICIAL USE ONLY 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 County Code INHERITANCE TAX RETURN RESIDENT DECEDENT 2 1 Year File Number '*' 07 00339 Date of Birth 076129092 08212006 10061922 Decedent's Last Name Suffix Decedent's First Name MALONE MICHAEL (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW ~ 1. Original Retum D 4. Limited Estate D 2. Supplemental Retum D 3. Remainder Retum (date of death prior to 12-13-82) D 4a. Future Interest Compromise D 5. Federal Estate Tax Retum Required (date of death after 12-12-82) D 7. Decedent Maintained a Uving Trust 0 8. Total Number of Safe Deposit Boxes (Attach Copy ofTrust) D 10 Spousal POV8\% Credij ~date of death D 11.Election to tax under Sec. 9113(A) . between 12-31- 1 and -1-95) (Attach Sch. 0) [!] D 6. Decedent Died Testate (Attach Copy of Will) 9. Litigation Proceeds Received MI J MI ~ORRESPONDENT. THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: ame Daytime Telephone Number HUBERT X. GILROY 7172433341 Firm Name (If Applicable) MARTSON LAW OFFICES REGISTE~ WILLS U~NL Y ~ 0 ...., .:. , :0 c.... >J -0 c:: .:j:r: ("") r- .... ~F;:; , _ u3~ en -~~OO :)0.,., -0 :..::>C :x :r#ILED ~ .- en First line of address 10 EAST HIGH STREET Second line of address City or Post Office CARLISLE State PA ZIP Code 17013 Correspondent's e-mail address:hgilroy@martsonlaw.com Under penalties of pe~ury, I declare that I have examined this return, 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. SIGNATURE OF PERSON SPONSIBLE FOR FILING RETURN DATE Michael Joseph Malone 0 1- Hubert X. Gilroy fL Side 1 L 15056041147 15056041147 -I , ---I 15056042148 REV-1500 EX Decedent's Name: Michael J. Malone Decedent's Social Security Number 076129092 177,500.00 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) D Separate Billing Requested............. 6. 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G) D 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 Governmental 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 1"'4iaXable at sibling rate X .12 18. Amount of Line 14 taxable at collateral rate X .15 0.00 15. 182,824.70 16. 0.00 17. 0.00 18. 19. Tax Due..................................................................................................................... 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. Side 2 L 15056042148 19,190.97 13,000.52 209,691.49 14,366.79 12,500.00 26,866.79 182,824.70 182,824.70 0.00 8,227.11 0.00 0.00 8,227.11 [!] 15056042148 ---I , REV-1500 EX Page 3 Decedent's Complete Address: DECEDENT'S NAME Michael J. Malone STREET ADDRESS 306 Acre Drive FilllNumber 21-07-00339 Carlisle I STATE PA IZIP I 17013 CITY Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. CreditslPayments A. Spousal Poverty Credit B. Prior Payments C. Discount (1 ) 8,227.11 9,000.00 0.00 Total Credits (A + B + C) (2) 9,000.00 3. Interest/Penalty if applicable D. Interest E. Penalty TotallnterestlPenalty (0 + E) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 2 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) (5A) (5B) 772.89 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: 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?.. ...................... ............. ............................................... .......................... ........ 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? ......... 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. Yes No ~ ~ D D [!] [!] 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. ~9116 (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. ~9116 (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 retum 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. ~9116 (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. ~9116 1.2) [72 P.S. ~9116 (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. ~9116 (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 Malone, Michael J. FILE NUMBER 21-07-00339 ESTATE OF All real property owned solely or as a tenant In common must be reported et 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 knowiedge of the relevant feets. Real property which Is JoIntly-owned with right of survivorship must be disclosed on schedule F. ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1 306 Acre Drive, Carlisle Borough - Parcel No. 04-23-0600-087; value is average of Market Analysis (copy attached) 177.500.00 TOTAL (Also enter on Line 1, Recapitulation) 177.500.00 (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.15GB EX+ (8-98) *' SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYlVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT Malone, Michael J. FILE NUMBER 21-07-00339 ESTATE OF Include the proceeds of litigation and the date the proceeds were received by the estate. All property jolntly-owned wtth the right of survivorship must be disclosed on schedule F. ITEM NUMBER DESCRIPTION 1 F&M Trust, Checking Account No. 34-74658 VALUE AT DATE OF DEATH 18.990.97 2 Household furnishings and personal property 200.00 TOTAL (Also enter on Line 5, Recapitulation) 19.190.97 (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) " R.v-1509 EX + (8-88) . SCHEDULE F JOINTLY-OWNED PROPERTY COMMONWEAlTH OF PENNSYlVANIA INHERITANCE TAX RETURN RESIDENT OECEOENT Malone, Michael J. FILE NUMBER 21-07-00339 ESTATE OF If an ....t.... mad. Joint within on. y.ar of the decedenr. date of death, It mu.t b. repor1ed on schedul. G. SURVIVING JOINT TENANT(S) NAME A. Michael Joseph Malone ADDRESS 1907 Juniper Lane Bensalem, PA 19020 RELATIONSHIP TO DECEDENT Son B. c. JOINTLY OWNED PROPERTY: LETTER DATE DESCRIPTION OF PROPERTY 0/0 OF DATE OF DEATH ITEM FOR JOINT MADE INCLUDE NAME OF FINANCIAL INSTITUTION AND BANK ACCOUNT DATE OF DEAT~ DECO'S VALUE OF NUMBER TENANT JOINT NUMBER OR SIMILAR IDENTIFYING NUMBER. ATTACH DEED FOR VALUE OF ASSE INTEREST DECEDENTS INTEREST JOINTLY-HELD REAL ESTATE. 1 A 8/5/2005 F&M Bank, Money Management Account 26.001.03 50.000% 13.000.52 70-81744 TOTAL (Also enter on Line 6. Recapitulation) 13.000.52 (If more space Is needed, additional pages ofthe same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA.1500 Schedule F (Rev. 6-98) REV-1151 EX+ (12-99) *' SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS COMMONWEAlTH OF PENNSYlVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT Malone, Michael J. Debts of decedent must be reported on Schedule I. FILE NUMBER 21-07-00339 ESTATE OF ITEM DESCRIPTION AMOUNT NUMBER A. FUNERAL EXPENSES: See continuation schedule(s) attached 3,588.50 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. Attomey's Fees Martson Law Offices 10,000.00 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City State Zip Relationship of Claimant to Decedent 4. Probate Fees 290.00 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. Other Administrative Costs 488.29 See continuation schedule(s) attached TOTAL (Also enter on line 9, Recapitulation) 14,366.79 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98) " Rev-1502 EX+ (8-98) *' SCHEDULE H-A FUNERAL EXPENSES continued COMMONWEALTH OF PENNSYlVANIA INHERrrANCE TAX RETURN RESIDENT DECEDENT Malone, Michael J. FILE NUMBER 21-07-00339 ESTATE OF ITEM NUMBER DESCRIPTION AMOUNT 1 Adams Green Funeral Home - Funeral expense 3.588.50 Subtotal 3.588.50 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H-A (Rev. 6-98) Rev-1502 EX+ (8-98) *' SCHEDULE H-B7 OTHER ADMINISTRATIVE COSTS continued COMMONWEALTH OF PENNSYlVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT Malone, Michael J. FILE NUMBER 21-07-00339 ESTATE OF ITEM NUMBER DESCRIPTION AMOUNT 1 Martson Law Offices - Short certificate 4.00 2 Martson Law Offices - Advanced for Advertising Letters Testamentary-Sentinel 144.29 3 Martson Law Offices - Advanced for Advertising Letters Testamentary-Cumberland Law Journal 75.00 4 Martson Law Offices - Advanced for filing fee, Inheritance Tax Return 15.00 5 Martson Law Offices - Advanced for appraisal fee, misc. filing fees 250.00 Subtotal 488.29 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H-B7 (Rev. 6-98) Rev-1512 EX+ (6-98) *' SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIOENT DECEDENT Malone, Michael J. FILE NUMBER 21-07-00339 ESTATE OF Includ. unrelmbursed medical exp.n.... ITEM NUMBER DESCRIPTION 1 F&M Trust, Checking Account 34-74658 - Outstanding checks on date of death for personal care VALUE AT DATE OF DEATH 12.500.00 TOTAL (Also enter on Line 10, Recapitulation) 12,500.00 (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 I (Rev. 6-98) REV.1513 EX+ (9-00) *' SCHEDULE J BENEFICIARIES COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT 1 Malone, Michael J. NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS pnclude outright spousal C1istributions, and transfers under Sec. 9116(a)(1.2)] Michael Joseph Malone 1907 Juniper Lane Bensalem, PA 19020 RELATIONSHIP TO DECEDENT Do Not List Tnlsteelsl FILE NUMBER 21-07-00339 SHARE OF ESTATE AMOUNT OF ESTATE (Words) ($$$) ESTATE OF NUMBER I. Son Schedule F 13,000.52 2 Michael Joseph Malone 1907 Juniper Lane Bensalem, PA 19020 Son Entire residue 169,824.18 Total 182,824.70 Enter dollar amounts for distributions shown above on lines 5 through 18, as appropnate, on Rev 1500 cover sheet TI. 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) ~~~:;A~-;j~al~~.~tynct9:~: ~:.ort Form. Act of 1909-Arranaed for Photo.Recordlnl tEbf~ Dttb, IG- n. MADE THE day of September of our Lord one thousand nine hundred seventy-seven (1977) in the year BETWEEN CHAPEL HILL, A Partnership composed of GEORGE O. LEBO AND WILLIAM H. HOOKE, JR., of the Borough of Carlisle, Cumberland County, Pennsylvania, hereinafter called Grantor , and MICHAEL J. MALONE and LILLIAN F. MALONE, his wife, of Carlisle, Cumberland County, Pennsylvania, hereinafter called WITNESSETH, that in consideration of \ Grantee s : Sixteen Thousand and no/lOO---------- -------------------------------($16,000.00)------------------Dol~r~ in hand paid, the receipt whereof is hereby acknowledged, the said grantor do es hereby grant and convey to the said grantee s, their heirs and assigns, as tenants by the entireties ALL that certain tract of land situate in the Third Ward of the Borough of Carlisle, Cumberland County, Pennsylvania, bounded and described as follows: BEGINNING at a point along the Southern side of Acre Drive, at the Northeastern corner of Lot No. 61A Section lIH2", as shown on the Plan of Chapel Hill, recorded in the Office of the Recorder of Deeds for Cumberland County in Plan Book Page thence along Lot No.61A South 07 degrees 05 minutes 58 seconds West, 150 feet to a point; thence South 82 degrees 54 minutes 02 seconds East, 110.00 feet to a point; thence along Lot No. 59Aon said Plan, North 07 degrees 05 minutes 58 seconds East, 150.00 feet to a point along the Southern side of Acre Drive; thence along the latter, North 82 degrees 54 minutes 02 seconds West, 110.00 feet to the Eastern line of Lot No. 6lA the Place of BEGINNING. BEING Lot No. 60A Section lIH2", on the aforesaid Plan of Chapel Hill. AND BEING part of the same property which Chapel Hill, Inc., granted and conveyed to Chapel Hill, a partnership, Grantor herein, by deed dated December 12, 1969 and recorded in the Office aforesaid in Deed Book "M", Vol. 23, Page 376. SUBJECT, HOWEVER to the following building B06k;f27 fM:[ 65.2 and use restrdctions S'C.H. A.:I:~ 1 19-1 which shall apply to all lots shown on Chapel Hill Plan of Lots No. 2 and with which the Grantees agree to comply by the acceptance of this deed. 1. All lots set forth on said Plan are residential lots excepting, however, the areas indicated otherwise on said Plan and no structure shall be erected on any residential building lot other than one detached single family dwelling and private garage. 2. Each dwelling shall have a lot area of not less than 10,000 square feet with a width at the front lot line of at least 75 feet and the building area shall not exceed 35% of the lot area. There shall be a front yard, the depth of which shall be at least 40 feet from the front lot line and in case of a corner lot, the side yard bordering on the street with the longer lot length shall have a depth of at least 25 feet from the side lot line. There shall be two side yards neither of which shall be less than 10 feet (note qualifications in preceding sentence). There shall be a rear yard, the depth of which shall be at least 10 feet from the rear lot line. No dwelling shall exceed two stories in height. 3. No lot shall be subdivided so as to increase the number of dwellings that can be erected on the tract covered by the plan beyond 156 dwellings. 4. No trailer, basement, tent, or garage shall at any time be used as a residence, either temporarily or permanently, nor shall any structure of a temporary character be used as a residence. 5. A perpetual easement is reserved over the rear five feet of each lot for utility installation and maintenance. 6. No cesspools shall be permitted on any lot but the disposal of sewage shall be accomplished by the construction of septic tank or tanks. If available, connection must be made promptly to publish sewage disposal lines. 7. All streets as shown on said Plan are r.estricted and dedicated only for the use of local traffic and shall not be used by trucks or by tractor-trailer combinations, authorized to carry a payload of over 5 tons. 8. No dwelling shall be erected on any lot without the prior written approval of the Plan and location thereof, by Chapel Hill and must be erected in conformity with the approved Plan and location. c.r.~. ,. ...... .. ~""~ ,~';= -,..~XO':1ll ~'~ ~~~~:: ,... ....:muu::7 ..^'\, '~~';:.h, ...., ......<;R!.. .., Cl >t~o~.:!' s:.~ .... t:) ..a> . :p.~"" ~~;.,.., _ >"ZI"I~ ___ -41:::1"'t, ..-<ttl-" -.iI ::z: --'I .... to, ~.'" I 80~7 fACE 653 AND tke said Qro:nto'l' M'I'eby c01Je'/I.Qlnt s and ag'l'el5 that it wiU wa'l'Tant generally the prOPe'l'ty hereby conveyed. (/ // . 1/ ( (~: \ .. \i' School Dist. Cumbo Co., Pa. /\ n I " . n L /tJl {,,) (,"" , iJorough of .::.._...0..... ...... Cumbo Co.. Pa. t% Real E.tot. Tran.I., ro. l 1. 4. II l:c .00.' D.t. ../.,...... AmI. .,.,...... ./ i /. , '/ // / ~":-" 1"1 " l' I' / {{~'j( {/ '., / ':"mb. Co. 0;.1. cbl..;t..gt., .,~!.- ~. Real ~sht(! 1'ransfer Tax , L <I, 11./1 ArT,I. ::;r.'. S.: . -I ~e 70 ~_. ., .' . _, ~ CC&i 1/1' h,_ _ b,q f(:t-- ..._-;.f;- ~ , (/~,._\ ~ ,....,1 ,..b (:n. nid. Co!. Agt. I"' ;-- ~_):' .~\~_ \,:')~~~../~t..L1,.:~ \~.~~ ~ 1,;~;,'~~)\'IV/.; ~:f\ "== ._. :';;;~;~:::~:~~~:~~~ (;~~~)t~~~_~_.~~ ~ lAt. ...t - \ j j! \..,~ ~ ::: f,B.liI&2 _.____ ::: IN WITNESS WHEREOF, said grantor ha s hereunto set its hand and seal the day and year first above written. ...~APEL H~LL,. A ~ar:::~_e .illntb. .c.lcb .nb ~tli~rrd aL-i=~~-_.-- =:_~;-~=~~~-~~~~~====-~ ....--...---...--.--.----.-....---...-----..--------------.---------.... ____________.m.........__...._______.___.....___....m......................__ e State of PENNSYLVANIA tss. September , 1977 , before me, County of CUMBERLAND On this, tke /6 ,., day of the undersigned officer, personaUy appeared George O. Lebo and William H. Hooke, Jr. known to me (or satisfactorily proven) to be the persons whose name s are subscribed to the tv~thin, instrument, and acknowledged that they executed same for the purposes therein c'ointai~'4.~ I, " -, '.'J .' "' .. ~"' IN Wi~~SS WHEREOF, I '-tZ~-Lcl~-.-.--.--e ~.\ ((', I: \ \ ~~~.~..-,.,:..;-__r.~.."!......:-~'~!:'h1't1l't..,...................-........................................-..------... .---....----- ,,( WiY '.c,:'';,;,'';' " ;, I:.,,[!. Title of Officer. I',: I do hereby certify that the precise residence and complete post office address of the within named grantee s is V s. A. /,J,C" I~ V{.,I C()..~ ';artt'-ttc:.-kj.. i~'- 1)0/3 September I~ 19 77 :J: ()..\V.:' ~:tlA..------J C--Ct,,-_ ::::~~~~~~-~=~ f) -I \-A aOOK/1 27 fACE 654 WMJi( . RFbMtlC. - Outstanding Agents. T Outstanding Results. sm Hubert Gilroy, Esq. 10 E. High Street Carlisle, P A 17013 Re: Market analysis for Malone estate 306 Acre Drive, Carlisle, PA 17013 Dear Hubert, May 23, 2007 Enclosed please fmd a market analysis I have prepared for the Michael Malone estate located at 306 Acre Drive in Carlisle. I met with Mr. Malone last week and he requested that I forward this to you. My analysis comes in with a market price range of $175,000-180,000. In my analysis, I have compared the Malone property to other similar homes in the Mooreland/Chapel Hill areas. As Mr. Malone and I discussed last week, there are several items that keep his price somewhat lower than the others. Most noteworthy are these three: 1) Several structural issues with exterior stone on home 2) Kitchen, baths and most of home needs updated 3) Square footage of home is 1750, thus is smaller than most comparable sales Please contact me if you have any questions. I would welcome the opportunity to assist in sell' the if Mr. Malone decides to list it for sale. Associatps Sterling .". (I,,), ,;R Mitch Gelbaugh "th, , . rl\."iSI'i.!.ltf' BrokEi'/d ',')dldPI r.1ull r,,.11111on Drl - ---l I I !,J . l___.i ., (""1''''''', ....."..... sc.H.A>I~1 RE/MAX Sterling Assoc., Inc. 1909 Ritner Hwy., Suite 1 Carlisle, Pennsylvania 17013 Office: (717) 245-2600 Fax: (717) 245-2255 [iQijMi_l. lil Eoch Office Independently Owned .md Operated . , REIMAX STERLING ASSOCIATES PRESENTS... A Comoarative Market Analvsis To establish the top market value of 306 Acre Drive, Carlisle, P A Prepared especially for Michael Malone Analysis prepared by Mitch Gelbaugh ASSOC. BROKER, ABR, CRS, GRI 1909 Ritner Highway, Suite 1 Carlisle, PAl 7013 Office: 245-2600 This analysis has nol been perfonned in accordance with lhe unifonn standards of professional appraisal practice which require valuers to act as unbiased, disinterested third parties with impartial objectivity in independence and without a combination of personal interest. It is not to be construed as an appraisal and may not be used as such for any purpose. Market study and statistics prepared May 23,2007 /J-I' , . Comparative Analysis and Marketing Plan Prepared for Michael Malone by Mitch Gelbaugh Mitch Gelbaugh EXPERIENCE: 6/93-present: Assoc. Broker/Partner, REIMAX Sterling Associates 9/90-6/93: Assoc. Broker, Wolfe & Shearer Realtors 9/86-9/90: Realtor Associate, Wolfe & Shearer Realtors EDUCATION: Diploma, Carlisle High School, 1980 Bachelor of Science in Business Administration, Shippensburg University, 1984 Graduate, Academy of Real Estate, Inc., 1986 Graduate, Realtors' Institute(GRI), 1996 Awarded Certified Residential Specialist designation(CRS), 1997 Continuing Education, real estate courses in appraisal, law, finance construction, management, brokerage, fair housing, investment PROFESSIONAL AFFILIATIONS: Carlisle Board of Realtors Pennsylvania & National Association of Realtors REIMAX International Referral Network CMC/SERVICE AFFILIATIONS: Past President, Kiwanis Club of Carlisle Past Chairman, Real Estate Division, United Way Fund Drive Member, Greater Carlisle Area Chamber of Commerce Youth Sports Coach, Carlisle Family YMCA OTHER: Full-time, experienced, consistent multi-million dollar producer- over $75 MILLION in settled transactions Representing Sellers and Buyers since 1986 I A-/ I , . Comparative Analysis and Marketing Plan Prepared for Michael Malone by Mitch Gelbaugh Preparing Your Home for Showing With buyers, first impressions count. A small investment in time and money will give your home an edge over other listings in the area when the time comes to show it to a prospective buyer. Here are some suggestions that will help you to get top market value: General Maintenance -Oil squeaky doors - Tighten doorknobs ..Replace burned out lights -Clean and repair windows -Touch up chipped paint -Repair cracked plaster -Repair leaking taps and toilets Curb Appeal -Cut lawns -Trim shrubs and lawns -Weed and edge gardens -Pick up any litter -Clear walk and driveway of leaves -Repair gutters and eaves -Touch up exterior paint Spic and Span -Shampoo carpets -Clean washer, dryer, and tubs -Clean furnace -Clean fridge and stove -Clean and freshen bathrooms The Buvine Atmosphere -Be absent during showings -Turn on all lights -Light fireplace -Open drapes in the day time -Play quiet background music -Keep pets outdoors The First Impression -Clean and tidy entrance - Functional doorbell -Polish door hardware The Spacious Look -Clear stairs and halls -Store excess furniture -Clear counters and stove -Make closets neat and tidy II I 1/-/ , . Comparative Analysis and Marketing Plan Prepared for Michael Malone by Mitch Gelbaugh Marketing Plan Weare committed to offer the highest standards of professional service to all our customers. To assure you that your property is marketed to its fullest potential and to obtain the highest possible market value, the following will be completed. Prepare CMA to establish fair market value Prepare and sign listing contract Send listing contract to MLS board Place 'For Sale' sign on property Place lock box on property, if needed NotifY the Top 100 Agents of this new listing Place property on internet & realtor.com Schedule property for MLS tour Mail 'Just Listed' flyers to neighborhood Place 'Open House' ad in local paper Phone all potential buyers with details of listing Hold open houses Arrange showings for other agents Contact you regularly with verbal progress reports Prepare and deliver Marketing Service report to owner Review marketing activities with owner Pre-qualifY potential buyers Present and discuss all offers on property with owner Negotiate the transaction with other agent Finalize the sales contract Confirm that all contingencies on sales contract are completed Finalize the closingaArrange for relocation agent, if required Other services... I I f)-I , . Comparative Analysis and Marketing Plan Prepared for Michael Malone by Mitch Gelbaugh OUR COMMITMENT TO YOU 1) ACCURATE EVALUATION The correct selling price ofa home is the highest price that the market will bear. To assist you in detennining the correct asking price we provide you with a comprehensive market analysis of comparable properties sold and offered for sale in your neighborhood. 2) PROFESSIONAL ADVICE We will advise you of any necessary repairs and how you may best prepare your home for showing. You will be kept up to date on the state of the market, the sale of similar properties and any other factors which may affect the progress of the sale. 3) PROMOTION OF YOUR HOME TO OTHER REAL TORS The major selling points of your home will be distributed to other real estate firms throughout the community. 4) SIGNAGE REIMAX Sterling Associates advertises your property 24 hours a day. 5) NOTIFY PURCHASERS We will use our advanced computer system to identify people who have been looking for homes in your neighborhood. They will be contacted and given the details of your property. 6) OPEN HOUSES If appropriate, open houses will be arranged and held during reasonable hours. 7) ADVERTISING We will advertise your home in appropriate publications and communicate our results to you. 8) PROGRESS REPORT Every step in the sales effort will be documented. Our Progress Report will keep you up to date. 9) PRE-APPROVED MORTGAGES AND FINANCING GUIDANCE We offer pre-approved mortgages which encourage buyers by letting them know the mortgage potential in advance. Your REIMAX Sterling Associates representative will provide professional financing guidance to both the buyer and the seller. 11 it A-I Status Sold Type Detached SO: JACK GAUGH EN ERA-GAUG3 city Carlisle CLD: 6/2/2006 MT6 LP$ $129,900 Fine: Conventional SP$ $135,000 Quick Links ml m II 272 S West Street Area 7 10128663 Mun Carlisle SUbdivision Dlr West on High; Left on S. West to home on right. Sch Dlst Carlisle County Cumberland Tot Sq Pt Above 2402 Square Pt Source Public Records Lot Dim 39 x 150 Aaes 0.13 Year Built +/- 1904 DesIgn Colonial, Traditional, VlctorlaStyle 2.5 Story Const stick Built Bsmt Concrete Floor Ex alkout E Parkin 3+ Car Ga e Detached # Br4 # Bth: Fl H 0 - FP 1 ax 2760 Year Level Bth: F H ndo No Fee Room Lvi Dim Room Lvi Dim Appl LR Levell MBR Level 2 MIse. RoomAttlc, Den, Foyer, Loft, Office/Computer Room DR Level 1 BRl Cool Other FR BR2 Level 2 Heat Forced Air, Natural Gas DEN Level 2 BR3 Level 2 Aux Heat KIT Level 1 BR4 Level 3 Wt SWr Public Sewer, Public Water BRS Ext Feature Balcony, Patio, Porch OR 1 Loft Level 3 Equip Smoke Detectors OR 2 Dlnln Breakfast Bar Coun OR 3 Virtual Tour Untap the potential In this period style home of brick exterior. Entrance foyer with turned staircase. Huge living and dining rooms with bay window in dining. Rear staircase to 2nd level. Den off front bedroom with glass french doors. Walk-up attic has additional possibilities. Detached 3+ car garage. HURRY!! A better buy cannot be found in today's market!! Square Feet Below Ext Brick, Frame/Wood Warran No 2005/06 PossessIon Settlement 5HO: Call List Agent, Show Any Time, LockboLBX CPLB LO HOWARD HANNA COMPANY OffIce (717) 920-9600 SAC 3.0 BAC 3.0 OAC 3.0 nc 3310 MARKET ST CAMP HILL, PA 17011 LA DAVE WEAVER (717) 497-4888 davldweaver@howarclhanna.com LA 2 L T exclusive Right LA 3 OW FHLMC Information provided Is deemed reliable but not guaranteed. OS/22/200702:02 PM CST 11-/ status Sold Type Detached City Carlisle SO: COLDWELL BANKER HOMESALE SERVCLD: 3/30/2007 NT 14 LP$ $136,900 Fine: Conventional SP$ $136,900 Quick Links D 1m G ID 311 S pm STREET Area 7 10142605 Mun Carlisle Subdivision Dlr FROM SQUARE W/ON HIGH STREET, L/pm ST TO HOUSE ON LEFT SCh Dlst Carlisle County Cumberland Square Ft Source Owner Acres Year Built +/- 1917 Style 2 Story Const Stick Built, Brick Ext Brick Parkin 1 Car Gara e Detached Warra H 1 # FP 0 ax 1900 Year 07 EST Possession H MO ~ Room Lvi Dim Appl Countertop Range, Refrigerator, Freezer MBR Level 2 14'5X11'2 MIse. Room: BR1 Cool Ceiling Fan, Window Units BR2 Level2 12')(11'3 Heat Baseboard, Hot Water, Natural Gas BR3 Level 2 ll'1X7'S Aux Heat BR4 Level 2 ll'8X9 Wt SWr Public Sewer, Public Water BRS Ext Feature Porch OR 1 Bonus Ro Level 1 Equip Smoke Detectors, Ceiling Fan, Cable Ready OR 2 Dlnin Breakfast Room Dlnin Area Formal Dinln Room OR 3 Virtual Tour ALL BRICK 4 BR SINGLE FAMILY HOME LOCATED IN THE BORO. HOME FEATURES BRAND NEW INSTALLED CARPET, NEW FULL BATH, AND NEWLY REPLACED VINYL. DINING RM FEATURES BUILT IN CHINA CABINETS AND PLENTY OF RM TO ENTERTAIN. A COVERED FRONT PORCH AND MUCH OF THE ORIGINAL WOOD WORK, MAKES THIS HOME VERY CHAMING. THE HOME HAS BEEN FRESHLY PAINTED AND IS READY TO MOVE IN. A LONG DRIVEWAY AND ONE CAR DETACHED GARAGE, MANY NICE FEATURES. Tot Sq Ft Above Lot Dim Delign Traditional Bsmt Full # Br4 # Bth: F1 Level Bth: F Room Lvi Dim LR Levell 13'9X14'4 DRLevell 14X10 FR DEN KIT Levell 13X9'10" 1600 Square Feet Below SHO: SAC LA LA2 LA3 Call List Office o BAC 3.0 STEVE JOHANSEN LBX CPML LO RE/MAX REALTY ASSOCIATE Office (717) 761-6300 OAC TLC 3425 MARKEr ST CAMP HILL, PA 17011 (717) 557-7222 sjohansen1@yahoo,com LT Exdusive Right OW Information provided Is deemed reliable but not guaranteed. OS/22/200702:02 PM csr 1/-/ . . Status Sold Type Detached City Carlisle SO: GEORGE L. EBENER & ASSOOATES CLD: 4/24/2006 MT 2 lP$ $139,900 Fine: ConvenUOnal SP$ $142,900 Quick Links mJ I:] m 325 S pm STREET Area 7 10127569 Mun Carlisle SUbdivision Sch Dist Carlisle Dlr FROM SQUARE, WEST ON HIGH STREET Tl/pm TO HOUSE ON LEFT. County Cumberland Tot Sq R Above 1650 Square R Source Public Records Lot Dim 30 X 110 Acres 0.05 Year Built +1- 1900 Design Traditional Style 2.5 story Const Frame 85mt Concrete Floor. Earth. Exterior Aa:.e Parklna 1 Car GaraQe. Detached # Br 3 # Bth: F2 H 0 # FP 1 ax 1996 Year ~veIBth:F H ~ndo Fee Room Lvi Dim Room Lvi Dim Appl Range-gas, Refrigerator, Washer, Dryer LR Level 1 MBR Level 2 MIse. Room DR Levell BR1 Cool FR BR2 Level 2 Heat Oil, Radiators, steam DEN BR3 Level 2 Aux Heat Fireplace W/Insert KIT Levell BR4 wt SWr Public Sewer, Public Water BRS Ext Feature Balcony, Porch Equip Cable Ready Dlnina Square Feet Below Ext Brick Warranty 2005 Possession OR 1 Laundry F OR2 Level 1 OR 3 Virtual Tour WELL KEPT ALL BRICK HOME CONVENIENTLY LOCATED NEAR DICKINSON, YMCA AND SHOPPING. OLDER HOME WITH LOTS OF CHARM, WOOD FLOORS UNDER CARPET, EAT-IN KITCHEN. 1ST FLOOR LAUNDRY, COVERED FRONT AND BACK PORCH, FENCED YARD, 1 CAR DETACHED GARAGE. 5HO: Call Ust Office, Lockbox LBX CPML LO GEORGE L EBENER & ASSO OffIce (717) 243-6195 SAC 3.0 BAC 3.0 OAC nc 139 W HIGH ST CARLISLE, PA 17013 LA UNDA GILBERT-SHOVER (717) 243-3138 IIndatom@aol.com LA 2 L T Exdusive Right LA3 ~ Information provided Is deemed reliable but not guaranteed. OS/22/200702:03 PM CST II-I status Sold Type Detached SO: RE/MAX 1ST ADVANTAGE city Carlisle CLD: 11/17/2006 MY 120 LP$ $159,900 Fine: Conventional SP$ $159,000 Quick Links II mJ m III 902 SADLER CT Area 7 10131237 Mun Carlisle SUbdivision CHAPEL HILL Dir 34S T/R GARLAND DR AT SECOND STOP SIGN T/R SADLER CT 5ch Dlst Carlisle County Cumberland Tot Sq R Above 1536 Square R Source Public Records Lot Dim Aaes 0.49 Year Built +/- 1973 DesIgn Ranch Style 1 Story Const Brick Bsmt Conaete Floor Ex alkout F Parkin 2 Car Gara e Int ral # Br 3 # Bth: F2 H 1 # FP 1 ax 2294 Year Level Bth: F H ndo Fee Room Lv' Dim Room Lvi Dim Appl Refrigerator, Range-EIec LR Level 1 MBR Level 1 MIse. Roomlaundry Room DR Level 1 BRl Cool Central Air FR BelowB BR2 Levell Heat Forced Air, 011 DEN BR3 Level 1 Aux Heat KIT Levell BR4 Wt SWr Public Sewer, Public Water BRS Ext Feature Outside Lighting OR lLaundry F BelowB Equip Smoke Detectors, Garage Door Opener, Cable Ready OR 2 Dinln Formal Dlnin Room OR 3 Virtual Tour saUD ALL BRICK RANCHER CONVENIENTLY LOCATED IN THE OUTSKIRTS OF TOWN. HOME OFFERS 3 BEDROOMS & 2.5 BATHS, A ANISHED LOWER LEVEL WITH BRICK AREPLACE, MASTER BEDROOM HAS A MASTER BATH, CENTRAL AIR CONDmONING. FENCED- IN REAR YARD HANDY FOR KIDS & PETS. PROPERTY LOCATED CLOSE TO 1-81 FOR EASY COMMUTE. Square Feet Below Ext Brick Warran 2005 Possession SmLMT SHO: Call List Office, Lockbox LBX FRONT DOOR LO B-H AGENCY, INC. REAL ES1 OffICe (717) 243-1000 SAC 0 BAC 3V OAC TLC 163 N. HANOVER ST CARUSLE, PA 17013 LA RANDY BILLMAN (717) 497-4040 rblllman1@aol.com LA 2 L T Exdusive Right LA 3 OW WILSON Information provided Is deemed reliable but not guaranteed. OS/22/2007 02:03 PM CST ,q-I . . Status Sold Type Detached City Carlisle so: HOOKE, HOOKE & ECKMAN LLC REALCLD: 1/30/2007 MY 30 LP$ $191,500 Fine: Conventional SP$ $185,000 Quick Links 111m Ii] II 40 WILSON ST Area 7 10138662 Mun Carlisle SUbdivision Dlr W. High Street to L/Wllson Street to home on Right Sch DIst Carlisle County Cumberland Tot Sq ft Above 1552 Square R Source Public Records Square Feet Below 0 Lot Dim Acres 0.10 Year Built +/- 1925 DesIgn Traditional Style 2.5 Story Const Frame, Block Ext Block, Frame/Wood Bsmt Full Interior Acr.ess Unfinished Parkin 1 Car Gara e Detached Off Warnn No # Br 4 # Bth: F2 H 0 :II FP 1 ax 2734 Year 06/07 Possession Settlement Level Bth: F H ndo No Fee Room Lvi Dim Room Lvi Dim Appl Countertop Range, Wall OVen, Dishwasher, Disposal, Freezer, Wa LR Levell 14'6x15'7 MBR Level 2 l1'l1x13' MIse. RoomAttic, Foyer, Pantry DRLevell 13'9xll'9 BRl Cool Ceiling Fan FR BR2 Level 2 10'9xll'9 Heat Baseboard, Hot Water, 011 DEN BR3 Level 2 9'lxll'3 Aux Heat Gas Fireplace KIT Levell 8'6xl0'2 BR4 Level 2 8'9xll'3 Wt SWr Public Sewer, Public Water BRS Ext Feature Balcony, Porch OR 1 Foyer Levell Equip Smoke Detectors, Ceiling Fan, Cable Ready OR 2 Dinin Formal Dinln Room OR 3 Virtual Tour http://www.homedebut.com/306297 Lovely tree-lined location for this 4-bedroom, 2 bath Sears 4-square home in sought after section of Carlisle Boro. This well-maintained property features lovely wood floors, gas fireplace in living room, formal dining room, enclosed front porch, updated kitchen, full bath on main level and upper level, replacement windows, full basement with concrete floor, walk-up attic and so much more. 5HO: Call List Office, Call List Agent, LockboxLBX Combo LO HELP-U-SELL DETWILER RE. (717) 241-6060 SAC 0 BAC 2.5V OAC TLC 655 FORGE RD CARLISLE, PA 17015 LA KAREN DETWILER (717) 979-3425 karenshomes@earthlink.net LA 2 LT Var Rate Comp LA 3 OW Information provided Is deemed reliable but not guaranteed. OS/22/2007 10:32 AM CST /J-/ Status Sold Type Detached City Carlisle so: PRUDENTIAL THOMPSON WOOD R. ECLD: 8/31/2006 MY 7 LP$ $179,900 Fine: Conventional SP$ $183,500 Quick Links a mY m III 89ERIDGEST Area 7 10133123 Mun Carlisle SUbdivision Sch DIst Carlisle County Cumberland Dir FROM SE IN CARUSLE, S ON HANOVER ST, L ON E. RIDGE ST, TO HOME ON CORNER OF BEDFORD/E. RIDGE Tot Sq R Above 1831 Lot Dim Design Traditional 85mt Full. Interior Aocess # Br 3 # Bth: Fl H 1 Level Bth: F H Room Lvi Dim Room Lvi Dim LR Levell 17.7X12.2 MBRLevel2 17.4X12.1 DR Level 1 13.1X12.1 BR1 FR BR2 Levell llX10.10 DEN BR3 Level 2 llX13 KIT Levell 15.3XI0.l BR4 BRS 17.4X12.3 Level 1 Square R Source Public Records Aaes Year Built +/- 1900 Style 2 Story Const Frame Ext Frame/Wood Parklna 1 Car Garage Wananty No II FP 1 ax 2547 Year 2006 Possession SmLEMENT :Ondo No Fee Appl Range-gas, Dryer MIse. RoomAttic Cool None Heat Natural Gas Aux Heat Wt SWr Public Sewer, Public Water Ext Feature Balcony, Outside Lighting, Patio, Porch, storm Doors, E Equip Smoke Detectors, Satellite Dish Dinina Eat-In Kitchen. Formal Dinino Room Square Feet Below OR 1S1tting Ro OR2 OR 3 Virtual Tour WONDERFUL CARUSLE BORO LOCATION-QUIET TREE-UNE ST. ONLY 3 BLOCKS TO SCHOOLS & MINUTES TO 1-81 & DOWNTOWN. MORE THAN MEETS THE EYE-2 STORY TRADmONAL HOME OFFERS A WRAP-AROUND PORCH, H/W FLRS, PLANTATION SHUTTERS (STORED IN BASEMENT), BALCONY OVERLOOKING A PRIVATE REAR YARD. BUILT-INS, NEUTRAL DECOR-MOVE IN CONDmON. NEW PLUMBING, 200 AMP SVC, NEW DRYWALL IN: LR/DR/SITTING RM/UPSTAIRS HALLWAY. NEW CENTRAL AIR BEING INSTALLED. SHO: SAC LA LA2 LA3 Call List Office 3 BAC3 JOE BOWEN OAC LO RE/MAX 1ST ADVANTAGE (717) 591-5555 6375 Mercury Dr Mechanlcsburg, PA 17050 jbowen@pa.net LT Exdusive Right OW Information provided Is deemed reliable but not guaranteed. LBX CPLB TLC (717) 903-0700 OS/22/2007 10:32 AM CST /1-/ . . Sbltus Sold Type Detached City Carlisle so: THE HOMESTEAD GROUP REALTOR CLD: 9/28/2006 MY 29 LP$ $199,900 Fine: Conventional SP$ $194,900 Quick Links 0 mY B III 633 S Bedford Street Area 7 10132955 Mun Carlisle SUbdivision Dir S HANOVER; LIE RIDGE; R/BEDFORD; HOUSE ON LEFT Sch Dist Carlisle County Cumberland Tot Sq ft Above 1832 Square Ft Source Public Records Lot Dim Acres 0.19 Year Built +/- 1935 De8lgn Traditional Style 2 Story Const Stick Built Ext Vinyl Bsmt Concrete Floor, Full, Interior ACCJ!SS Parklna 1 Car Garaae Detached Warranty No # Br4 # Bth: F2 H 0 :t# FP 1 fax 2292 Year 2006 Possession Level Bth: F H Condo No Fee Room Lvi Dim Room Lvi Dim Appl Range-gas, Dishwasher, Washer, Dryer LR Levell 13.6X18.6 MBR Levell 9X14.6 Mise. Room.Offlce/Computer Room DR Levell l1X13.l0 BRl Cool Ceiling Fan, Central Air, Wall Units FR BR2 Level 2 9.5X17 Heat Baseboard, Electric, Forced Air, Natural Gas DEN BR3 Level 2 11.6X12.7 Aux Heat Gas Areplace KIT Levell 10.6X14.6 BR4 Level2 10.8Xll.7 Wt SWr Public Sewer, Public Water BRS Ext Feature Deck, Patio, Porch, Storm Doors, Exist, Storm Window! 10.5Xll.3 Equip Smoke Detectors, Garage Door Opener, Ceiling Fan, Cable Rei Dinina Eat-In Kitchen, Formal Dinlna Room Square Feet Below OR 10000ce OR2 Level 1 OR ] Virtual Tour PERFECT LOCATION! WALK TO SCHOOLS, NO TRAFFIC CUL-DE-SAC. CHARM OF YESTERYEAR WITH ALL THE MODERN UPGRADES: NEW ROOF, WINDOWS, VINYL SIDING, KITCHEN, BATHS, CENTRAL AIR, l-CAR GARAGE WI GDO, WRAPAROUND DECK, PERGOLA, LIVING RM, GAS FIREPLACE, HARDWOOD FLOORS, CHESTNUT WOODWORK & MANY UGHTED CLOSETS. PRISTINE MOVE-IN CONDmON...A DEFINITE MUST SEE! SHO: Call Ust OffIce, Lockbox LBX CPLB LO C-2l PISOONERI REALTY n OffIce (717) 737-6113 SAC 3 BAC 3 OAC nc 3315 MARKET ST CAMP HILL, PA 17011 LA SUSAN THOMAS 441-5410 susanhewey@aol.com LA 2 L T Exdusive Right LA] OW Information provided is deemed reliable but not guaranteed. OS/22/2007 10:32 AM CST rl-/ . . Status Sold Type Detached so: JACK GAUGHEN ERA-GAUG3 City Carlisle CLD: 7/14/2006 MY 13 LP$ $198,500 Fine: Conventional SP$ $195,000 Quick Links mY I3J III 1119 Maple Street Area 7 10129628 Mun Carlisle SUbdlvislonChapel Hili Sch Dlst Carlisle COunty Cumberland D1r South on Hanover St onto Garland Dr. L onS. West R on Avon Dr slight L onto Maple St. Home on L Tot Sq R Above 1700 Square R Source Public Records Square Feet Below Lot Dim Aaes 0.35 Year luilt +/- 1973 Design Traditional style 2 Story Const Frame, Stick Built Ext Aluminum, Brick Ismt Concrete Floor Full Partlall FinlshE Parkin 2 Car Gara e Attached Pav Warnn # Ir 4 # Ith: F2 H 1 :II FP 1 ax 2490 Year 2005 Possession June 15 Level Ith: F H ndo Fee Room Lvi Dim Room Lvi Dim Appl Microwave, Dishwasher, Range-Elec LR Levell 20 lOx12 MIR Level 2 19 9x12 3 Mise. Room DR Levell 11 x 13 3 IRI Cool Central AIr FR BelowB BR2 Level 2 11 4x9 3 Heat Forced Air, Oil DEN BR3 Level 2 11 4x12 3 Aux Heat Gas Fireplace KIT Levell 14 9xl0 5 IR4 Level 2 8 8x8 8 Wt SWr Public Sewer, Public Water IRS Ext Feature Patio, Porch OR I Equip Whirlpool Tub, Security System, Garage Door Opener OR 2 Dinln Formal Dinin Room OR 3 Virtual Tour 4 bedroom, 2 1/2 bath home in quite neighborhood. Close to everything. Mooreland Elementary Sch. Wonderful backyard with swlngset. Partially finished lower level family room. Living room has built-in bookcases. SHO: SAC LA LA2 LA3 Call List Office 3 lAC 3 BETH SHENK LIX CPLB LO HOOKE, HOOKE & ECKMAN Main (717) 249-1844 OAC nc 320 S Hanover Street Carlisle, PA 17013 (717) 385-3304 beth@hhande.com L T exclusive Right OW Information provided Is deemed reliable but not guaranteed. OS/22/200710:32 AM CST A~I . . Status Sold Type Detached SO: JACK GAUGHEN ERA-GAUG3 City Carlisle CLD: 10/20/2006 MT16 LP$ $204,900 Fine: Cash 5P$ $200,000 Quick Links mJ GI III 329 Avon Drive Area 7 10136269 Mun Carlisle SUbdivision Chapel Hill Dlr S/Hanover R/Garland l/S West R/ Avon to property on R. Sch Dlst Carlisle County Cumberland Tot Sq R Above 2047 Square R Source Public Records Square Feet Below Lot Dim Acres 0.32 Year Built +/- 1971 Design Traditional Style 2 Story Const Frame, Brick Ext Aluminum, Brick Bsmt Concrete Floor Crawl S ce Interlc Parkin 2 Car Gara Attached Off Warran No # Br 3 # Bth: F3 H 0 :II FP 1 ax 2844 Year 2006 Possession Settlement Level Bth: F H ndo No Fee Room Lvi Dim Room Lvi Dim Appl Countertop Range, Wall OVen, Dishwasher, Disposal, Refrigerator LR Level 1 MaR Level 2 MIse. RoomFlorlda Room, Office/Computer Room DR Level 1 BRi Cool Central Air, Heat Pump FR Level 1 BR2 Level 2 Heat Electric, Heat Pump DEN BR3 Level 2 Aux Heat KIT Level 1 BR4 Wt Swr Public Sewer, Public Water BRS Ext Feature Porch, Storm Doors, Exist OR lOffice Level 1 Equip Garage Door Opener, Ceiling Fan, Cable Ready, Dehumidifier OR 2Screened Level 1 Dinin Eat-In Kitchen Formal Dlnln Room OR 3Laundry F Level 1 Virtual Tour Great Carlisle location. 3 BRs, 3 full baths. All on a treed corner lot. LR w/brick fireplace and built-In bookcase, cozy family room and office that could be fourth bedroom. First floor laundry room, Florida Room, private yard, new ceramic tile foyer. This home has It all! 5HO: Call List Office, Lockbox LBX CPLB LO JACK GAUGHEN ERA-GAUG3 OffIce (717) 243-8080 SAC 3 lAC 3 OAC TLC 1068 HARRISBURG PIKE CARLISLE, PA 17013 LA PHIL GARMAN (717) 249-7200 phil.garman@jgr.com LA 2 L T Exdusive Right LA 3 OW Information provided Is deemed reliable but not guaranteed. OS/22/2007 10:32 AM CST A-I ~..- ,'. ....-.. ""'~"... . .- . '-"-:A.<!;"- ~, ~. ~" .....-,-- 1.( ), -- Status Sold Type Detached SO: JACK GAUGHEN ERA-GAUGl city Carlisle CLD: 5/15/2006 MY4 LP$ $198,400 Fine: Conventional 5P$ $201,500 Quick Links 1m B ID 311 Avon Drive Area 7 10127527 Mun Carlisle SUbdivision Chapel Hili Sch Dist Carlisle Dir S. on Hanover; T/R Garland;bear left Dale; T/R Avon to home on right. County Cumberland H 1 H Room Lvi Dim MBR Level 2 19x11 8 BR1 BR2 Level 2 12xl0 BR3 Level 2 BR4 Level 2 BRS Square Ft Source Measured Acres 0.30 Year Built +/- 1972 Styie 2 Story Const Stick Built Ext Brick, Vinyl Parklna 2 Car Garaae. Attached Warranty No # FP 0 lI'ax 2652 Year 2005 Possession after 5/1 :Ondo Yes Fee Appl Refrigerator, Range-EIec MIse. Room Cool Central Air Heat Forced Air, Heat Pump Aux Heat Gas Fireplace Wt Swr Public Sewer, Public Water Ext Feature Deck, Porch Equip Smoke Detectors, Security System, Garage Door Opener, Cabl, Dlnlna Formal Dlnlna Room Square Feet Below Tot Sq Ft Above Lot Dim Design Traditional Ssrnt Conaete Floor # Br4 # Bth: F2 Level Bth: F Room Lvi Dim LR Level 1 19x13 DR Level 1 12x11 8 FR Levell 19 6x11 DEN KIT Levell 18x11 1842 OR1 OR2 OR 3 Virtual Tour Immaculate 2 story conveniently located in Chapel Hill. Topographically this is one of the Boroughs highest points. Property Indudes a pine treed back yard w/rear deck, large walk out basement, a formal dining room. Complete with chair rail and hardwood floors, and a master bedroom, with private bath and his/her closets. Priced to sell w/ppost May 1 2006 settlement preferred.Orlginal owner. 5HO: Call list Office, Lockbox LBX front door LO HOOKE, HOOKE & ECKMAN Main (717) 249-1844 SAC 3 BAC 3 OAC nc 320 S Hanover Street carlisle, PA 17013 LA DAVID HOOKE (717) 385-7478 dhooke.carllslerealtor@earthllnk.net LA 2 L T Exclusive Right LA3 OW Information provided Is deemed reliable but not guaranteed. OS/22/2007 10:32 AM CST fi-I Status Sold Type Detached City Carlisle so: COLDWELL BANKER HOMESALE SERVCLD: 6/23/2006 MY 2 LP$ $204,900 Fine: Conventional SP$ $201,900 Quick Links mY [; m 1024 S West Street Area 7 10129536 Mun Carlisle SUbdlvisionChapel Hill Dlr Rt 34S R/Garland Dr L/South West to #1024 on the right. Sch Dist Carlisle County Cumberland Tot Sq ft Above 1819 Square R Source Public Records Lot Dim Acres 0.28 Year Built +,- 1970 DesIgn Traditional Style 2 Story Const Frame Bsmt Full Partial Anlshed Slab Parkin 2 Car Gara e Paved Drive # Br 3 # Bth: F3 H # FP 1 ax 2577 Year Level Bth: F H ndo No Fee Room Lvi Dim Room Lvi Dim Appl Countertop Range, Wall OVen, Microwave, Dishwasher, Disposal, LR Levell MBR Level 2 MIse. RoomFoyer, Office/Computer Room DR Level 1 BRI Cool Central Air FR Level 1 BR2 Level 2 Heat Forced Air, Oil DEN BR3 Level 2 Aux Heat Fireplace W/Heatolator KIT Levell BR4 wt SWr Public Sewer, Public Water BRS Ext Feature Deck, Storm Doors, Exist, Storm Windows, Exist OR IOffice BelowB Equip Smoke Detectors, Garage Door Opener, Ceiling Fan, Cable Rei OR 2 Dinin Dinln Area Eat-In Kitchen OR 3 Virtual Tour Wonderful 2 story home in Chapel Hill situated on a corner lot. Amenities indude 3 large BRs, 3 full baths, FR w/FP, hardwood floors in many rooms, LL office, all appliances remain. AON Warranty. Quick settlement okay. This home will not last! Hurry and show today! Square Feet Below Ext Aiuminum, Brick Warran Yes 05/06 Possession Settlement OAC LO JACK GAUGHEN ERA-GAUG3 Office (717) 243-8080 1068 HARRISBURG PIKE CARLISLE, PA 17013 glorla.anklam@jgr.com L T Exdusive Right OW Fox Information provided Is deemed reliable but not guaranteed. (717) 458-5027 (717) 580-5346 SHO: SAC LA LA2 LA3 Call list Office 2.5 BAC 2.5 GLORIA ANKLAM DOUGlAS GALE LBX CPLB TLC 05/22/200710:32 AM CST /1-/ . " status Sold Type Detached SO: WOLFE & SHEARER REALTORS City Carlisle CLD: 5/8/2006 MT29 LP$ $209,900 Fine: Conventional SP$ $202,000 Quick Links II ~ m 111 Schoolfield Drive Area 7 10124704 Mun Carlisle SUbcllvlslonChapel Hill Sch Dist Carlisle Dlr From Carlisle: S Hanover, T/R Garland, T/L S.PItt T/R Schoolfield to home on right. County Cumberland Square Ft Source Public Records Acres 0.47 Year Built +/- 1988 style 2 Story Const StIck Built Ext Vinyl Parkin 2 Car Gara e Attached Off Warran H 1 t# FP 0 ax 3840 Year 2005 Possession H ndo No Fee Room Lvi Dim Appl Microwave, Dishwasher, Disposal, Refrigerator, Washer, Dryer, MBR Level 2 13xl0 MIse. RoomAttlc, Family Room, Pantry BRi Cool Ceiling Fan, Central Air BR2 Level 2 17x13 Heat Baseboard, Electric, Other BR3 Level 2 12x12 Aux Heat BR4 Level 2 12x13 Wt SWr Public Sewer, Public Water BRS Ext Feature Deck, Hot Tub, Out Buildings, Patio, Porch OR 1 Equip Smoke Detectors, Garage Door Opener, Ceiling Fan, Cable Rei: OR 2 Dlnin Formal Dlnin Room OR 3 Virtual Tour Outstanding location In Chapel Hill. Located on a large lot in a cul-de-sac, it is w/in walking distance to the Carlisle Swim Club and a stones throw from 181. Indudes a large 2 car garage w/extra storage, hardwood floors through out 1st floor. Low cost electric thermal storage heating (ETS), a hot tub, and a fresh coat of white paint on the interior. This home is located conveniently in Carlisle Sch. Dist. Shows very well. 2356 Square Feet Below Tot Sq Ft Above Lot Dim DesIgn Traditional Bsmt Crawl S ce #Br4 #Bth:F2. Level Bth: F Room Lvi Dim LR Level 1 22x12 DR Level 1 FR Level 1 17x13 DEN KIT Level 1 SHO: Call List Office, Lockbox LBX CPLB LO HOOKE, HOOKE & ECKMAN Main (717) 249-1844 SAC 3 BAC 3 OAC nc 320 S Hanover Street Carlisle, PA 17013 LA DAVID HOOKE (717) 385-7478 dhooke.carllslerealtor@earthlink.net LA 2 L T Exduslve Right LA 3 OW Information provided Is deemed reliable but not guaranteed. OS/22/2007 10:32 AM CST 11-1 . ~ Staws Sold Type Detached City Carlisle SO: COLDWELL BANKER HOMESALE SERVCLD: 4/30/2007 MY 22 1156 UNN DR Area 7 LP$ $210,000 Fine: Conventional SP$ $210,000 Quick Links D m" 8 ID 10141770 Mun Carlisle SubdlvlslonCHAPEL HILL Dlr S HANOVER ST UNDER 1-81 T/R ONTO UNN DR PROP ON RIGHT Sch Dist Carlisle County Cumberland Square ft Source Appraiser Aaes 0.43 Year Built +/- 1981 Style 3 Story Const Frame Ext Aluminum, Other Parkin 2 Car Gara e Warran No H 1 # FP 1 ax 2791 Year 2006 Possession SETTLMT H ndo Fee Room Lvi Dim Appl Countertop Range, Dishwasher, Disposal, Refrigerator, Range-EI MBR Level 3 MIse. RoomFamlly Room, Foyer BRl Cool Central Air BR2 Level 3 Heat Electric, Heat Pump BR3 Level 3 Aux Heat Wood Stove BR4 wt SWr Public Sewer, Public Water BRS Ext Feature Patio, Covered OR lFoyer Levell Equip Smoke Detectors, Garage Door Opener, Cable Ready OR 2 Dlnin Formal Dinln Room OR ] Virtual Tour SPUT LEVEL IN CHAPEL HILL. LARGE CORNER LOT. WOOD FLOORS IN BEDROOMS. FlREPLACE/ WooDSTOVE IN FAMILY ROOM. ROOF IS 4-5 YEARS OLD. ESTABUSHED RESIDENTIAL NEIGHBORHOOD W/ REASONABLE COMMUTING DISTANCE TO SCHOOLS, CHURCHES, SHOPPING & TRANSPORTATION. NICE HOME. Tot Sq R Above 1894 Lot Dim 134X114X150X126 Design Spilt Level Bsmt Partial # Br 3 # Bth: F2 LeveIBth:F Room Lvi Dim LR Level 2 12'2x22 DR Level 2 12'2x12'2 FR Level 1 26x12'2 DEN KIT Level 2 11'2x12'2 Square Feet Below 598 5HO: SAC LA LA2 LA] Call List Office o BAC 2.5 ONDY VARHOLA OAC LBX CPML nc (717) 243-3767 LO B-H AGENCY, INC. REAL E5l OffIce (717) 243-1000 163 N. HANOVER ST CARUSLE, PA 17013 L T Exclusive Right OW Information provided is deemed reliable but not guaranteed. OS/23/2007 10:20 AM CST 11-( . Comparative Analysis and Marketing Plan Price Recommendation The recommended list price is based on comparable properties that have recently sold in your area. Recommended List Price: $ 175,000 -180,000 Average Sale Price: $ A home priced at market value will attract more buyers than a home priced above market value. Also consider that a home priced competitively will attract a greater number of potential buyers and increase your chances for a quick sale. I look forward to working together with you to get your home sold as soon as possible. Mitch Gelbaugh I I ,4-/ . Date of Death Valuations Customer Name: Michael J Malone Date of Death: 08121/06 Acct Type Account Number Open Date Close Date Balance Accrued Inl Total Balance Account Owners checkina 34-74658 03/15/2004 10/24/2006 $ 18,988.34 $ 2.63 $ 18,990.97 Michael J Malone, Individually sc.tl.E,~l , 04/23/2007 14:44 71 72613684 F M TRUST PAGE 02/02 Date of Death valuations (addltlon to Clri{llrl6l) Customer Name: Ml\lhael J MlIoI'lCl 0Qte of Dea1h: 08121106 ACCt T_ AccaunI NumbIIr _' ClaM Data IMIm:e ACcrued lilt Totallalar>>!t~OwnII'll Money M.I'II~m8nl 7Q.81744 $ liI5.9li8.S7 is 44.1llI:& 28.001,03 81 J MaIOl1ll or MlchHl J MlIICIIIlI - se.l-I. F # r.~ I ~ ..OOOOW <J&IZlI2OlIa --- ............cwor.......... .....--...-..... ....---..... III COLMJCHAIILJ. MALONI ~ _~1lL __ ~.... G'III --s:u..-o-"- rr"J:..... C~ ~Ofl.OO ~~CL~ &5: ~....~I__._1 (0.. A'l""-l"",liii.. _ ~ ~-~ ':OUlOC,30&,': l....,USa&" oar ..- 151 _.,_ 1,':OU10..10C,,: 11,-11,;;8" 08Sl o"OOOO'lSOOOO'" Og/23.06 Cho:ck ',0851 \mount S9.500.00 -- ~ gn....~I.MALONII wn ~ CWJIU,." ..... ___"'::_1 SI ).1.. ~ ~b_ ! f~~),"<~'-SJI_'~ g J ~ ....,.; ,. BIlow I IE:' I I 'WI CLlgj) . _J.i....~~k...;~. ~~ O:O'lUO" ~C,,: "....,1,&5B.. o~~- . 852 __......lXlP't..,...... ---._-...,.. ....-.........-. 171T1423l1 __. II!" I,~O'l'lO"lO;~ il,-?I,C,S81"'OB5l ,'0000 ~OOOOO'" ox, U 06 Cho:ck ;.OR52 c\mount $3.(JOO.OO ~I..l. :L# 'I.~ , . CHAMBERSBURG BOILING SPRINGS 0022 0021 4923 Y MARION MONT ALTO NEWVILLE TRUST SHIPPENSBURG STATEMENT OF ACCOUNTS WAYNESBORO 34-74658 CARLISLE STATEMENT PER:IOD FROM THROUGH 1..1.11I1111I.111.1'111111.1111...111111.111I1111I1111111I1.11 8-08-06 9-07-06 0 ******************M:IXED AADC 170 PAGE 1 OF 2 2756 0.8530 MB 0.326 19 11 1 M:ICHAEL J MALONE M:ICHAEL J MALONE POA 9 ENCLOSURES 11273 S:ILENTWOOD LN RESTON VA 20191-4137 5 FREEDOM F:IRST PREV:IOUS DEPOS:ITS/ STATEMENT BALANCE CRED:ITS 3 23,442.31 6,377.01 ACCOUNT: 34-74ti58 CHECKS/ DEB:ITS 9 16,953.97 SERV:J:CE FEES .00 END:ING BALANCE 12,865.35 :INTEREST PA:J:D TH:IS YEAR ACCOUNT/XNTEREST :INFORMAT:ION 26.98 DEPOS:ITS/ CHECKS/ DATE ACTXV:ITY DESCRXPTXON REFERENCE CRED:ITS DEB:ITS BALANCE 08-08 BEGXNNXNG BALANCE 23,442.31 08-08 CHECK 844 00101302631 2,041.09 21,401.22 08-09 CHECK 843 00400601624 576.00 20,825.22 08-14 CHECK 842 00501604149 61.48 08-14 CHECK 850 00502005339 1,008.00 19,755.74 08-17 CHECK 847 00301303378 720.00 08-17 CHECK 848 00100400787 27.93 ~::::i~ 08-18 CHECK 849 00102002684 7 08-23 CHECK 851 00301002315 08-24 CHECK 852 00201604641 6,488.34 09-01 US TREASURY 303 00077900000 SOC SEC 090106 076129092A SSA 09-01 DFAS-CLEVELAND 00077900000 5,543. 69- AL{}J,,--<1.;~L RET NET 090106 076129092 12,861.03 09-07 :INTEREST CRED:IT 4.32 12,865.35 09-07 ENDXNG BALANCE 12,865.35 CHECK SUMMARY * :IND:ICATES SK:IP :IN CHECK NUMBERS CHECK NO 842 843 844 847* 848 TOTAL NUMBER OF CHECKS AMOUNT 61.48 576.00 2,041.09 720.00 27.93 9 CHECK NO 849 850 851 852 TOTAL AMOUNT OF CHECKS AMOUNT 19.47 1,008.00 9,500.00 3,000.00 16,953.97 *** ANNUAL PERCENTAGE Y:J:ELD EARNED D:ISCLOSURE FROM ANNUAL PERCENTAGE YXELD EARNED AVERAGE DA:J:LY COLLECTED BALANCE :INTEREST EARNED 8-08-06 THROUGH .35" 14,521.49 4.32 9-07-06 *** D:IRECT F&M TRUST - CARL:ISLE PLAZA OFF:ICE :INQU:IR:IES TO: 800 E HXGH ST CARLXSLE. PA 17013 TELEPHONE: 717-249-0526 C:-/'It I - -~ ~,..,. ...l- I ..l... LAST WILL AND TESTAMENT OF MICHAEL J. MALONE I, MICHAEL J. MALONE, a resident of the Commonwealth of Pennsylvania, make, publish and declare this to be my Last Will and Testament, revoking all wills and codicils at any time heretofore made by me. I am retired from the military service of the United States. FIRST: I direct that the expenses of my last illness and funeral, the expenses of the administration of my estate, and all estate, inheritance and similar taxes payable with respect to property included in my estate, whether or not passing under this will, and any interest or penalties thereon, shall be paid out of my residuary estate, without apportionment and with no right of reimbursement from any recipient of any such property. SECOND: I give all the rest, residue and remainder of my property and estate, both real and personal, of whatever kind and wherever located, that I own or to which I shall be in any manner entitled at the time of my death (collectively referred to as my "residuary estate"), as follows: (a) If my son MICHAEL JOSEPH MALONE survives me, to my son MICHAEL JOSEPH MALONE. (b) If my son MICHAEL JOSEPH MALONE does not survive me, my residuary estate shall be paid and distributed to any then living issue of my son MICHAEL JOSEPH MALONE, lW: stirpes. THIRD: If any property of my estate vests in absolute ownership in a minor or incompetent, my Executor, at any time and without court authorization, may: distribute the whole or any part of such property to the beneficiary; or use the whole or any part for the health, education, maintenance and support of the beneficiary; or distribute the whole or any part to a guardian, committee or other legal representative of the beneficiary, or to a custodian for the beneficiary under any gifts to minors or transfers to minors act, or to the person or persons with whom the beneficiary resides. Evidence of any such distribution or the receipt therefor executed by the person to whom the distribution is made shall be a full discharge of my Executor from any liability with respect thereto, even though my Executor may be such person. If such beneficiary is a minor, my Executor may defer the distribution of the whole or any part of such property until the beneficiary attains the age of eighteen (18) years, and may hold the same as a separate fund for the beneficiary with all of the powers described in Article FIFTH hereof. If the benefi- ciary dies before attaining said age, any balance shall be paid and distributed to the estate of the beneficiary. FOURTH: I appoint my son MICHAEL JOSEPH MALONE to be my Executor. I direct that no Executor shall be required to file or furnish any bond, surety or other security in any jurisdiction. FIFTH: I grant to my Executor all powers conferred on executors under the Pennsylvania Probate, Estates and Fiduciaries Code, as amended, or any successor thereto, and all powers conferred upon executors wherever my Executor may act. I also grant to my Executor power to retain, sell at public or private sale, exchange, grant options on, invest and reinvest, and otherwise deal with any kind of property, real or personal, for cash or on credit; to borrow money and encumber or pledge any property to secure loans; to exercise all powers of an absolute owner of property; to compromise and release claims with or without consideration; and to employ attorneys, accountants and other persons for services or advice. The term "Executor" wherever used herein shall mean the executors, executor, executrix or administrator in office from time to time. SIXTH: I direct that for purposes of this will a beneficiary shall be deemed to predecease me unless such beneficiary survives me by more than thirty days. !ljuJ.uf J M~M ~ SEVENTH: Except as otherwise provided in this will, I have intentionally failed to provide for any other relatives or other persons, whether claiming to be an heir of mine or not. Insofar as I have failed to provide in the will for any of my issue now living or later born or adopted, such failure is intentional and not occasioned by accident or mistake. If any person named as beneficiary under this will institutes a will contest, I direct that any bequest, devise, or share of my residuary estate that would otherwise go to him shall lapse, as if he had predeceased me. EIGHTH: I have served in the Armed Forces of the United States. I therefore request that my Executor make appropriate inquiries to ascertain whether there are any benefits to which I, my dependents or my heirs may be entitled by virtue of any military affiliation. I specifically request that my Executor consult with a retired affairs officer at the nearest military installation, the Department of Veterans Affairs, and the Social Security Administration. ~ IN WITNESS WHEREOF, I, MICHAEL J. ~E, sign my name and publish and declare this instrument as my last will and testament this ~'\tay of' , 2004. The foregoing instrument was signed, published and declared by MICHAEL J. MALONE, the above-named Testator, to be his last will and testament in our presence, all being present at the same time, and we, at his request and in his presence and in the presence of each other, have subscribed our names as witnesses on the date above written. ~attt -&-" k}L having an address at ~~~ / 701 7- having an address at C~I~, fl) I 70 I S 2 .. ACKNOWLEDGMENT AND AFFIDAVIT COMMONWEALTH OF PENNSYLVANIA, COUNTY OF CUMBERLAND, ss. We, the Testator and the witnesses, whose names are signed to the attached or foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the Testator, MICHAEL J. MALONE, signed and executed said instrument as his last will and testament in the presence and hearing of the witnesses, and that he had signed willingly, and that he executed it as his free and voluntary act and deed for the purposes therein expressed, and that each of the witnesses at the request of the Testator, in the presence and hearing of the Testator and each other, signed the will as witness, and that to the best of his or her knowledge the Testator was at the time at least eighteen years of age or emancipated, of sound mind and under no constraint, duress, fraud or undue influence. ~~~t~ CHAELJ. L E {;; 0." print: <4 tI. b Witness pr;1.t~~ ~~ Witness Subscribed, sworn to and acknowledged before me by the".s~i~ICH~. MALONE, Testator, and subscribed and sworn to before me by the above-named w' nesses, this~~ay of "'-f1 ' 2004. Jl'MU{f 1'1; ,U)t7~/ Notarial Seal Betty S. Kistler. Notary Public Carlisle Bort', Cumberland Co.,:nty My Commission Expires May 14, 2005 Momber Pennsvi'lf';)la llS8ccia',i:'11 ,,1 ',iot"riOS