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HomeMy WebLinkAbout10-26-07 (2) ~ 15056041125 REV-1500 EX (06-05) PA Department of Revenue Bureau of Individual Taxes PO BOX 280601 HarrisburQ, PA 17128-0601 ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death OFFICIAL USE ONLY County Code Year INHERITANCE TAX RETURN 2 1 0 7 RESIDENT DECEDENT File Number o 0 1 4 9 Date of Birth 165098347 01272 007 06071914 Decedent's Last Name Suffix Decedent's First Name ENDERS ROBERT MI D (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 !ZI 1. Original Return o 4. Limited Estate !ZI o 2. Supplemental Return o o 1 3. Remainder Return (date of death prior to 12-13-82) 5. Federal Estate Tax Return Required 4a. Future Interest Compromise (date of death after 12-12-82) 7. Decedent Maintained a Living Trust (Attach Copy of Trust) 10. Spousal Poverty Credit (date of death 0 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 o o o o 8. Total Number of Safe Deposit Boxes I V 0 V o T T 0 I I I 717 243 3 3 4 1 Firm Name (If Applicable) REGISTER OF WILLS USE ONLY MAR T SON LAW OFFICES First line of address "J 1 0 E A S T H I G H STREET Second line of address I; City or Post Office State ZIP Code D~TE FILED i. CAR LIS L E P A 17013 c. Correspondent's e-mail address:iotto@2martsonlaw.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, corre nd complete. Declaration of pre arer other than the personal representative is based on all information of which preparer has any knowledge. SIGNAT SO E I R FILlN ETUR Drive on~N REPRESENTATIVE Carlisle High Street Carlisle PLEASE USE ORIGINAL FORM ONLY PA 17013 Side 1 L 15056041125 15056041125 --I ~ ~ 15056042126 REV-1500 EX Decedent's Social Security Number Decedent's Name: ROBERT D. ENDERS RECAPITULATION 165098347 1. Real estate (Schedule A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 1. 200000.00 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. 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. 84836.81 11. Total Deductions (total Lines 9 & 10) . . . . . . . . . . . . . . . . . . . . . . . . . . . 11. 2 2 4 4 3 7 . 5 6 5 0 9 2 7 4. 3 7 2 7 7 6 7 . 7 4 6 1 8 8 4. 2 8 8 9 6 5 2. 0 2 4 1 9 6 2 2. 3 5 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. 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. 4 1 9 6 2 2 . 3 5 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.O _ o . 0 0 15. o . 0 0 16. Amount of Line 14 taxable 4 1 9 at lineal rate X .O~ 6 2 2 . 3 5 16. 1 8 8 8 3 . 0 1 17. Amount of Line 14 taxable o . 0 0 at sibling rate X .12 17. o . 0 0 18. Amount of Line 14 taxable o . 0 0 at collateral rate X .15 18. o . 0 0 19. Tax Due . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19. 1 8 8 8 3 . 0 1 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT o Side 2 L 15056042126 15056042126 ~ REV-1500 EX Page 3 Decedent's Complete Address: File Number 21 07 00149 DECEDENT'S NAME ROBERT D. ENDERS STREET ADDRESS 45 ROLLING DRIVE CITY I STATE I ZIP CARLISLE PA 17013 Tax Payments and Credits: 1. Tax Due (Page 2 Line 19) (1) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount 18,883.01 Total Credits (A + B + C) (2) 0.00 3. Interest/Penalty if applicable D. Interest E. Penalty 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 oval on Page 2, Line 20 to request a refund. (4) 0.00 0.00 18,883.01 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (5A) (5B) A. Enter the interest on the tax due. 18,883.01 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; ...................................................................... 0 IZl b. retain the right to designate who shall use the property transferred or its income; ............................... 0 IZl c. retain a reversionary interest; or ................................................................................................ 0 IZl d. receive the promise for life of either payments, benefits or care? ....................................................... 0 IZl 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? ....................................................................................... 0 3. Did decedent own an 'in trust for' or payable upon death bank account or security at his or her death? ......... 0 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which t . b f" d' t' ? I3(l con ams a ene IClary eSlgna Ion. .................................................................................................. LeU IZl IZl o 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 + (6-98) '* SCHEDULE A REAL ESTATE COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER ROBERT D. ENDERS 21 07 00149 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 Residence at 45 Rolling Drive, Carlisle Borough, Parcel No. 04-23-0600-201. Value per appraisal VALUE AT DATE OF DEATH 200,000.00 TOTAL (Also enter on line 1, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 200000.00 REV-1508 EX + (6-98) '*' COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONALPROPERTV ESTATE OF ROBERT D. ENDERS FILE NUMBER 21 07 00149 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 1. DESCRIPTION VALUE AT DATE OF DEATH 7,829.09 PNC Bank, Checking #51-4018-3649 Accrued interest on Item 1 1.27 2. Chapel Pointe of Carlisle, refund on apartment deposit 62,700.00 3. Capital Blue Cross, refund of premium 136.40 4. Erie Insurance Group, refund of premium, auto insurance 57.67 5. Mid-Atlantic Coop-Aero Energy, credit balance 104.78 6. Household and personal property 2,000.00 7. Paper money; tokens in safe deposit box 7.60 8. 1979 Cadillac Sedan, appraised value 5,500.00 9. 2003 Buick Century Custom Sedan, sale price 6,500.00 TOTAL (Also enter on line 5, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 84,836.81 REV-1510 EX + (6-98) . COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY ESTATE OF ROBERT D. ENDERS FILE NUMBER 21 07 00149 This schedule must be completed and filed if the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes. DESCRIPTION OF PROPERTY ITEM INCLUDE THE NAME OF THE TRANSFEREE, THEIR RELATIONSHIP TO DECEDENT AND DATE OF DEATH % OF DECD'S EXCLUSION TAXABLE NUMBER THE DATE OF TRANSFER. ATTACH A OCPY OF THE DEED FOR REAL ESTATE. VALUE OF ASSET INTEREST VALUE (IF APPLlCAELE) 1. Edward Jones Account No. 377-01954-1-4 224,437.56 100. 224,437.56 Transfer on death account; beneficiary: Robert E. Enders TOTAL (Also enter on line 7 Recapitulation) $ 224 437.56 (If more 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 ROBERT D. ENDERS FILE NUMBER 21 07 00149 Debts of decedent must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. Ewing Brothers Funeral Home, Carlisle, PA 7,578.70 2. Westminster Cemetery, grave opening 1,210.00 3. Carlisle Memorial Service, bronze marker 2,403.00 4. Westminster Cemetery, marker fee 181 .40 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative (s) Social Security Number(s)/EIN Number of Personal Representative(s) Street Address City State Zip Year(s) Commission Paid: 2. Attorney Fees Martson Law Offices (estimate) 14,500.00 3. Family Exemption: (If decedenfs address is not the same as claimant's, attach explanation) Claimant Street Address City State Zip Relationship of Claimant to Decedent 4. Probate Fees Register of Wills of Cumberland County 302.00 5. Accountant's Fees 6. Tax Return Preparer's Fees Boyer & Ritter, 2006 income tax returns 250.00 7. Register of Wills, short certificates 12.00 7.2 Cumberland Law Journal, advertising Letters Testamentary 75.00 7.3 The Sentinel, advertising Letters Testamentary 151.55 7.4 EVP Systems, stock valuation reports 35.50 7.5 Martson Law Offices, certified mail 4.64 7.6 PNC Bank, safe deposit box drilling fee 100.00 7.7 Register of Wills. filing fee, Inheritance Tax Return 15.00 7.8 Erie Insurance, auto insurance premium renewal (see refund Sch. E,4) 161.67 7.9 PPL, electric service during administration 284.12 7.10 Borough of Carlisle, water/sewer during administration 113.16 7.11 Mid-Atlantic Coop/Aero Energy, heating oil during administration 290.00 7.12 Reserve for additional probate fee, filing fees 100.00 TOTAL (Also enter on line 9, Recapitulation) $ 27767.74 (If more space is needed, insert additional sheets of the same size) REV-1512 EX + (12-03) '* SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF ROBERT D. ENDERS FILE NUMBER 21 07 00149 Report debts incurred by the decedent prior to death which remained unpaid as of the date of death, including unreimbursed medical expenses. ITEM NUMBER 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. DESCRIPTION PNC Bank, Line of Credit Acct #4003048111146580 VALUE AT DATE OF DEATH 60,090.78 Carlisle Borough Tax Account, Borough/County Tax, from 1/1/07 707.45 Carlisle Borough Tax Account, personal tax from 1/1/07 4.90 Chapel Pointe, account payable 476.08 Carlisle Regional Medical Center, account payable 84.00 Millennium Phys Sys East, account payable 6.65 Masland Associates, account payable 230.50 Embarq, phone service, account payable 53.18 Borough of Carlisle, water/sewer, account payable 37.63 PPL, electric service, account payable 48.11 Mid-Atlantic Coop/Aero Energy, budget payment, account payable 145.00 TOTAL (Also enter on line 10, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 61 884.28 ,,,,.,,,,ex,,. COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF ROBERT D. ENDERS SCHEDULE J BENEFICIARIES FILE NUMBER 21 07 00149 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE 1. TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 (a) (1.2)] 1. Robert E. Enders Lineal 419,622.35 37 White Oak Drive Carlisle, PA 17015 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 TAXIS NOT BEING MADE 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 1. TOTAL OF PART II - 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) S. W. Barrett Real Estate & Appraisal Services Fie No 01-0318 APPRAISAL OF LOCATED AT: 45 Rolling Drive Carlisle, PA 17013-4257 FOR: Robert Enders 31 White Oak Drive Carlisle, PA 17015 BORROWER: Robert & Carrie ENDERS AS OF: July 31, 2007 BY: Stan A. Skowronek Certified Residential A.ppraiser -5' (] H ft}::r-k~1 S. W. Barrett Real Estate & Appraisal Services FileNo 07-0318 ,~ -,,-- ' , - , 08/31/2007 '. Robert Enders 37 White Oak Drive Carlisle, PA 17015 File Number: 07-0318 . I n accordance with your request, I have appraised the real property at: 45 Rolling Drive Carlisle, PA 17013-4257 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 July 31,2007 is: $200,000 Two Hundred 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, ~ (l.~~~,wY- Stan A. Skowronek Certified Residential Appraiser I I . , , '. , - - - SUMMARY APPRAISAL REPORT Propertv Oescrlptlon UNIFORM RESIDENTIAL APPRAISAL REPORT File No. 07-0318 Propertv Address 45 Rollina Drive City Carlisle State PA ZipCode 17013-4257 Legal Desa-iption Deed Book X-13, naae 558 Countv Cumberland Assessor's Parcel No, 04-23-0600.201 Tax Year 06/07 R.E. Taxes $ 2,431.00 Soecial Assessments $ N/A Borrower Robert & Carrie ENDERS Current Owner Enders. Robert & Carrie Occuoant: I Owner I Tenant I X I Vacant "Propertvrightsappraised IXI FeeSimole il Leasehold I ProjectTvoe PUD J Condominium (HUDNAonlv\ HOA$ N/A /Mo, Neiahborhood or Pro'ect Name Borouah of Carlisle Mac Reference 23-0600 Census Tract 0124.00 Sale Price $ N/A Date of Sale N/A Desa-iption and $ amount of loan charaes/concessions to be paid bv seller N/A Lender/Client Robert Enders Address 37 White Oak Drive Carlisle PA 17015 Acoraiser Sten A. Skowronek Address 124-126 North Hanover St Carlisle Pa. 17013 Location W Urban ~ Suburban _ Rural Predominant Single family housing Present land use % Land use change Built up 0 over. 75% X 25-75% Under 25% occupancy PRICE AGE One family 80% 'xl Not likely 0 Likely I (000) (~.) ----=-= ~ Growth rate 0 Rapid X Stable _ Slow X Owner 95 -lli Low ~ 2-4 family ~ 0 In process Property values 0 Ina-easing 00 Stable Declining ;:;' Tenant 275 Hiah 60 Multi-falTily ~ To: Demand/supply RShortage 00 Inbala1ce = OMsupply ! Vacant(Q.O%) Predominant Commercial 15% Marketina time Under 3 mos, rx1 3-6 mos, Over 6 mos V,,,,,II,,,, "'I 200 I 40 Vacant I 5% Note: Race and the racial composition of the neighborhood are not appraisal factora. Neighborhood baundaries and characteristics: The subject is bounded on the north bv Hillcrest Dr on the east bv Sprina Garden St on : the south by State Ave and on the west by Hanover St. . Factors that affect the marketability of the properties in the neighborhood (proximity ta employment and amenities, employment stability, appeal to market, etc,): . There are no adverse factors to affect marketability of subject. Diverse stable employment and all sUPDortina amenities are " within easv driving distance. SMSA 3240 Market conditions in the subject neighborhood (including support for the above conclusions related to the trend of property values, demand/supply, and marketing time - - such as data on competitive properties for sale in the neighborhood, description of the prevalence of sales and financing concessions, etc,): Prooertv sales records and MLS statistics show a steady, moderate Increase in prooertv values over the past vear. Average marketing time of 60-90 days shows a 1I00d balance of sUDDlv and demand. Few sales and financing concessions are needed In the nelahborhood. . Project Information for PUOs (If applicable). - Is the developer/builder in control of the Home Owners' Association (HOA)? U YES U 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 Topography Basicallv Level Site area .46 Acre m/I Corner Lot U Yes 00 No Size Typical for area SpeCific zoning classification and description R-1 Low Densitv Residential Shape Rectanaular Zoning compliance 00 Legal =0 Legal noncon hforming (Gfandfathered use) U Illegal 0 No zoning Drainage Appears Adequate Hlahest & best use as improved: I X I Present use Other use (explain) View Residential Utilities Public Other Off-site Improvements Type Public Private Landscaping Average ElectriCity ~ Street Macadam 00 0 Driveway Surface Macadam Gas Curb/gutter Concrete 00 B Apparent easements None ADDarent Water X Sidewalk Concrete 00 FEMA Special Flood Hazard Area U Yes l!J Na Sanitary sewer 00 Street lights Adequate 00 R FEMA Zone C Map Date 02/03/1982 Storm sewer IXJ Alley None n FEMA Mac No, 425382 0004B 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 condition GENERAL DESCRIPTION EXTERIOR DESCRIPTION FOUNDATION BASEMENT INSULATION No, of Units 1 Foundation Cone Blk Slab None Area Sq.Ft. 969 Roof 0 No, of Stories 1.75 Exterior Walls Stone/Alum O'!IM Space None % Finished 80 Ceiling ;--- 00 Type (Det/Att.) Detached Roof Surface CompoShgle Basement Partial Ceiling DroD/Unfln Walls ;--- 00 Design (Style) 1.75 StOry Gutters & Dwnspts, Aluminum Sump Pump No Walls Panel/CB Floor ;--- 00 Existing/Proposed Existing Window Type Wood Frame Dampness None Obs Floor Crpt/Conc None -0 Age (Yrs,) 59 Storm/Sa-eens YeslYes Settlement None Obs Outside Entry Yes Unknown ==0 Effective Aae Yrs,) 20-25 Manufactured House No Infestation None Obs Intear. Gara e . ROOMS Foyer Livino Dinino Kitchen Den Famil Rm, Rec, Rm, Bedrooms # Baths Laundry Other Area Sa.Ft. Basement 1 775 Level 1 1 1 1 1 .5 area Sun 1209 . Level 2 2 1 777 Finished area above grade contains: 7 Rooms; 3 Bedroom's); INTERIOR Materials/Condition HEATING KITCHEN EQUIP, A TIlC Floors HrdwdlCrptlVlnyl Type FHA Refrigerator 00 None . Walls Plaster/Panel Fuel Oil Range/Oven 00 Stairs Trim/Finish Wood CondltklnAvg Disposal 0 Drop Stair Bath Floor Vinyl COOLING Dishwasher 00 Scuttle Bath Wainscot Plaster/CerTile Central Yes Fan/Hood 0 Floor Doors Wood Other None Mia-owave 0 Heated Averaae Condition ConditionN/A Washer/Dryer fXl Finished Additional features (special energy efficient items, etc,): Rear patio/deck. 1.5 Bath(s); AMENITIES 00 Fireplace(s)#L- o Patio ConclWood o Deck o Porch o Fence R Pool 1 986 Snuare Feet of Gross Livina Area CAR STORAGE: 00 None 0 00 Garage 3 o Attached o Detached o Built-In ~ Carport I I Driveway # of cars 1 2 41Mac 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 phvsical or functional inadequacies noted. Adverse environmental conditions (such as, but not limited 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 apparent/disclosed. Freddle Mac Form 10 6-93 PAGE 1 OF 2 Produced U~ng ACI50ftwarl!, 000 23413727 wwwacjwebcom Fannie Mae Form 1004 6.93 Valuation Section SUMMARY APPRAISAL REPORT UNIFORM RESIDENTIAL APPRAISAL REPORT FileNo 07-0318 ESTIMATED SITE VALUE. . . = $ 46.500 Comments on Cost Approach (such as, source of cost estimate, ESTIMATED REPRODUCTION COST-NEW OF IMPROVEMENTS: site value, square foot calculation and for HUD, VA and FmHA, the Dwelling Sq.FI.@$_ = $ 0 estimated remaining economic life of the property): Sq.Ft.@$_ = 0 Cost ADDroach deemed a poor indicator of value due to . = aae of the imarovements. Estimated Remainina Ga-egelCa-pat Sq Ft @$_ = 0 Economic Life - 35-40 veara - Total Estimated Cost New . . . . . . . . . . . . . . . = $ 0 Less Physical 'I Functional' I External Est. Remaining Econ. Life: 30 . Depreciation = $ 0 Depreciated Value of Improvements . = $ 0 "As.is" Value of Site Improvements. .... . = $ INDICATED VALUE BY COST APPROACH. = $ NIA ITEM I SUBJECT COMPARABLE NO.1 COMPARABLE NO.2 COMPARABLE NO.3 45 Roiling Drive 1847 Spring Road 633 S. Bedford Street 210 Avon Drive Address Carlisle Cartisle Carlisle Carlisle Proximity to Sub'ect 3.2 MI NNE 0.72 MI NNE 0.31 MI NW Sales Price $ NIA $ 205 000 $ 194 900 $ 259 900 Plica/Gross Liv. Area $ 0.00 ill $ 102.14 ill $ 113.12 ill $ 94.10 ill Data and/or Inspection MLS MLS MLS Verification Sources Courthouse Courthouse Courthouse VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION I 1't-) $ Mustment DESCRIPTION I +(-)$Ad"ustmenl DESCRIPTION I +(. $Ad'uslmenl Sales or Financing N/A $2,000 CI. Csts None,Conv $12,000 CI. Csts : Concessions Conv Conv : Date of SalelTime N1A 07/06/2007 : 09/28/2006 : 08/04/2006 : Location Suburban Suburban Suburban Suburban LeaseIOOfee SiroIe Fee SimDle Fee Simple : Fee Simale : Fee SimDle : Site .46 AclAva .34 AclAva : .20 AclAva : .35 Ac/Ava : View Residential Residential Residential Residential Desion and Aooeal 1.75 StorY 1.5 StorY : 1.75 StorY : 1.5 StorY : 0JaiN <:J.Coost\JdX:n Averaae Averaae : Averaae : Averaae : Age 59 Yeara 59 Yeara 72 Yeara 36 Yeara Condition Averaae/Dated Ava/Goocii-5%1 : -10250 Ava/Good/-5%1 : -9.745 Ava/Good(-5%1 : -12995 Above Grade l'oIa1 r Bams I ."", ToIall Ba-ms \ Baths : Total 1 Bams I Baths : Total I 8d-ms ' Batl1s : Room Count 2~ 7: 3: 1.50 8: 4: 2.50' -3,000 7: 4: 2.00 ' -1,500 9: 4: 2.50' -3,000 Gross Livino Area 1 986 So.Ft. 2.007 So.Ft. : 0 1 723 Sn.Ft. : 5260 2 762 So.Ft. : -15520 . Basement & FlI1ished Partial Bemt! Partial Bemt! Full Bemt! Full Bemt! Rooms Below Grade Familv Room Unfinished 2000 Unfinished 2000 Unfinished 2000 Functional Utility Averaae Averaae : Averaae : Averaae : HeatinolCoolino FHAlCA EBBlFHAlCA : EBB/FHAlCA : HP/CA : . Energy Efficient Items TVDical TVDlcal TVDlcal Typical Garaoe/CarPort 1 ClntaG/2CCrpt 1 Car Garaae : 2000 1 Car Garaae : 2000 2 Car Garaae : -5 000 Porch, Patio. Deck. Lg Patio/Deck Patio 2,500 WrpArndDklPor -2,000 Covr'd Patio Fireolace(s), etc. 1 Fireplace 1 Fireolace 1 Flreolace 1 Fireplace Fence, Pool, etc. None None : None : None : : : : Net Ad!. (total) r l + ixl. '$ 6750 fl + fxl. '$ 3985 I 1+ [XI. '$ 34,515 Adjusted Sales P!ice Gross: 9.6% Gross: 11.5% Gross: 14.8'~ of Comoarable Net: -3.3% $ 198.250 Net: -2.0% $ 190915 Net: -13.3% $ 225,385 Comments on Sales Comparison (including the subject property's compatibility to the neighborhood. etc.): Ooinion of value ranae is $190 000 to $225.000. Condition adlustments reflect recent uaarades of the interiors of the comoarables. Lack of suitable com parables within the subiects Immediate vlcinltv reauired an eXDanded search area. These are the best sales com parables known to be available. ITEM SUBJECT COMPARABLE NO.1 COMPARABLE NO.2 COMPARABLE NO.3 Date, Price and Data Unknown 04125/1975 08121/1997 10/13/2003 S<x.rce fer pro- sales Unknown $22,000 $113,000 $224,900 within vea- of aooraisal Courthouse Courthouse Courthouse Courthouse Analysis of any current agreement 01 sale. option, or listing of the subject property and analysis of any pro- sales of subject and comparables ,.;thin one year of the date of appraisal: Comparable #3 last transferred on Seatember 12 2006 for $128000. New kitchen and bath since said transfer. No previous transfer data was available on the tax assessment records reviewed. INDICATED VALUE BY SALES COMPARISON APPROACH. . . . . . . . . . . . . . .,. . $ 200 000 INDICATED VALUE BY INCOME APPROACH III Aoolicablel Estimated Market Rent $ NIA /Mo. x Gross Rent Multioller N/A = $ NIA This appraisal is made l!J "as is" 0 subject to the repais, a~eralions, inspections or conditions listed below TI subject to campletoo per plans and specificatKms. ConditoosofAppraisal: The DroDertv has been aPDraised in current condition. This is for the clients use only. Final Reconciliation: The Market Oats Analvsls SUPDOrts my opinion of value for the sublect. The Cost ADDroach was not deemed an aDDroDrlate indicator of value due to the aae of the subiect and therefore was not Included herein. The Income Approach . was also deemed inappropriate for this analysis. The purpose of this appraisal is to estimate the market value of the real property that is the subject 01 this report, based on the above conditions and the certificatKm, contingent and limiting conditions, and market value definition that a-e stated in the attached Freddie Mac Form 439IFannie Mae Form 1004B (Revised 6/93 ). I /WEI ESTIMATE THE MARKET VALUE, AS DEFINED, OF THE REAL PROPERTY THAT IS THE SUBJECT OF THIS REPORT, AS OF 07/31/2007 . (WHICH IS THE DATE OF INSPECTION AND THE EFFECTIVE DATE OF THIS REPORT) TO BE $ 200'000~ . 00 Did ODid Not APPRAISER:~ Q ~ ~ SUPV1-W50RYAPP:.::JR!: YIFHDI: Signature _ . - W r- ,,,,,-,,, Slgnat~ -=-- . Name Stan A. Skowronek ~ Name Steven W. Barrett, SRPA, SRA Inspect Property Date Report Signed 08/01/2007 Date Reoort Sinned 08/01/2007 State Certification # RL-001572-L State PA State Certification # GA-000298-L State PA Or State License # State Or State License # RB026921A State F,"'" M" F..m 70 ,," \,;ertlflea Kesldentlal PAGE 2 OF 2 ""CeifiJied ueneral Appraiser F"",~ M.. ''''''' \{Xl. ,." Appraiser Produced using ACI sollwn, 800234.8721 W'KW a~iwebcom S. W. Barrett Real Estate & Appraisal Services Borrower Robert & Carrie ENDERS Er2P-er:!Yt.Q9r:~~: 45-BElling Drive City: Carlisle Lender: Robert Enders State: PA Zip: 17013 I' I I I \ I I I I I' I 1. I 1\ I I I FRONT VIEW OF SUBJECT PROPERTY Appraised Dale: July 31, 2007 Appraised Value: $ REAR VIEW OF SUBJECT PROPERTY STREET SCENE \..vm,..",lU\tlLJ: ,..KV,..J:K I J ,..MU I U "'UUt:NUUM l?~rrow~r: Robert & Carrie ENDERS File No, OHl318 Property Address:A~RollingJ:lriv~. .............__".'.n m... ._..,._____~__~~_..casEl_No.,.:_._ ,_'". . '. ., _ W' "."... City Carlisi!,. ,...... .....____________ State: ?~_.._____.......li.P~17013__4~5L Lender: Robert Enders COMPARABLE SALE #1 1847 Spring Road Carlisle Sale Date: 07/06/2007 Sale Price: $ 205,000 COMPARABLE SALE #2 633 S. Bed10rd Street Carlisle Sale Date: 09/26/2006 Sale Price: $ 194,900 COMPARABLE SALE #3 210 Avon Drive Carlisle Sale Date: 08/0412006 Sale Price: $ 259,900 .8J"Jrrower: Robert & Carrie ENDERS ProQ~rt'LMdre_s~:_~_R.oIU"-{lP~i~ City: Carlisle lender: Robert Enders File No. 07-'>318 ___''__..__ __.__~<::a~gll.o,;__ State: PA Zip: 17013-4257 l ~ '~ ,."""" .~ A..: ..:a "\I~)aa""Q"b1; ;)0.1..' !'I~rJiJ1Y t-IOOlllllfollll.mOIl ComlTunitv: 426~2 ' :I\RUSLE, QOROUGtl OF I'rope.y is,ot in a F BAA s~eci31 t1wd hazlll1l area. t-lop ',,",b<r:12~191 (0049 M>. 0",.: 021))/1012 Panel: 00048 FIPS: 4W41 ~nQ:C FtoodMap Legend ,"<>0-0 Lones ;'''~a.s ed5.l4eot I~ ,00- Incl ~3o-'t'.. r,Q~" A"u""""itI.d try l:>>y..t nOOdl"9 Altai -!t;.r.d.ctd by tD''O>ytar flcodi(lgW1tn \'~otity ~.&lild .- F'll,i\1MCY 4\#"$ .-!lIII f't.e<t.v.... .....$ w1lt ,.IO'~ ",..,,,,d .........s ,o.f u..,~!.rmjntd e-.A yO$.~bi1e r~<l h41.tll'd$ .~H_S !"'.d ,,.,.~ 0"1 ~ ;:,~..tt4sJwd rJR\A Neit,er r",nsaneric. Flooi Haz..-d Ci!rtific31ion rTFH:) nor IICI "ake any r-:pPi.:i@ntatQn~ cr 1.1';:lInolies to any paty co:oGemng the clm:ent, i(.;IJr3O:-'Y' if "omp~ness of this food P.pOft jnclu:fino any WJmlnt'l of nerchanlablilv or fitness for a pa1icul.r p'Jrpase. Neith=r rF -Ie ....1' IIC. nar ne seier allhis '/("').1 "'€:port shan hav@ anlf iabiUH to a-tV thrd pa1:V fo~ ~n." us~ cr mi..; j:;~ r.,: this flooj l"eIl.ft, 80110'11<<( Robert & Carrie ENDERS _~~~.~.~~~l.illaQri:>'!l_~-- City. Carlisle lender. Robert Enders file No.. 07-0318 Case No.: ~____-~-- __~__~~e~pJC-------------iii17Qi~:4~57 LOCATION MAP I ! .~.~."_"_.~.....w'"--~.~'~"_ " / \ "-" ..... .r ~.:(\. / , " /,,/ '\ -ulmpl) <. ' E.Oie " , " } I ...../ : 4-.70 miles File No 07-0318 ..- - .... - ********* QUAL/FICA TIONS ********* , The following checked items are SPECIFIC SPECIAL CONDITIONS that were identified by this appraiser during the inspection of the subject property, the com parables 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. Commercial/Industrial uses are located within the subject's neighborhood. These uses are typical of similar neighborhoods. _3. Vacant and undeveloped land uses are located within the subject's neighborhood. These uses are typical for the area. _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 I, 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 for 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 com parables on that individual rating. All com parables 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 com parables 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_17. One or more campa rabIes 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 comparables used are located in similar neighborhoods and within the same marketing area. All com parables 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. I' _21. Roofing_Plumbing_Electrical_Heating_certification(s) is/are suggested. 22. Inground sWimming pool_, out buildings_are included-,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. .. - - -- - -- - _~-c- File No 07-0318 ~ ********* QUALIFICATIONS ********* _24. The subject property is located on a private road. _25. Wood infestation inspection is suggested. _x_26. Last recorded deed transfer: Date_Unknown-, Consideration: $_Unknown _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. _29. All comparable sales are verified closed sales. _x_3D. There are no special conditions or other requirements that would affect market value or future marketability in the Appraisal Report. I CHECKED ITEMS ARE SPECIFIC SPECIAL CONDITIONS THAT WERE IDENTIFIED BY THIS APPRAISER DURING INSPECTION. , , ~ -- -~ ~ File No 07-0318 - ...- ********* 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 non public 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. , , I . . . - . . File No. 07-0318 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 comparables must be made for special or creative financing or sales concessions. No adjustments are necessary for those costs which are normally paid by sellers as a result of tradition or law in a market area; these costs are readily identifiable since the seller pays these costs in virtually all sales transactions. Special 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. 07-0318 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 reflect the 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 subiect 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 allainment 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: 45 Rolling Drive, Carlisle, PA 17013-4257 APPRAISER: Signature:_~ C ~... ,'<v-t \-- Name: ~~!LA. Skowronek Date Signed: 08/01/2007 State Certification #: ~L001572L or State License #: State P~_ . Expiration Date of Certification or License: June 30, 2009 SUPERVISORY APPRAISER (only if required) <__ ---5lL 1-1 Si9nature: . ' / Name: Steven W. Barrett, SRPA, SRA Date Signed: 08/01/2007 State Certification #: GA000298L or State License #: RB026921A State: PA Expiration Date of Certification or License: ,June 30, 2009 00 Did 0 Did Not Inspect Property Freddie Mac Form 439 6-93 Certified General Appraiser Page 2 of 2 Fannie Mae Form 1004B 6.93 Certified Residential Appraiser FEB-28-2007 23:24 PNCBANK 412 768 3458 P.01/01 o PNCBAN< March 1, 2007 Conine L. Myers 10 East High Street Carlisle, P A 17013 RE: Estate of Robert D. E. Enders, deceased SSN: 165-09-8347 000: 1/27/2007 Dear Ms. Myers: In response to your request for Date of Death balances for the custOmer noted above, OUf records show the following: Checking Account Account #5140183649 Established 04/01/1963 ROBERT D ENDERS DOD balance: $7,829.09 + $1.27 accrued interest The decedent maintained Investment Account (IN\' #32901233). For further infounation, you may contact the Brokerage Department at 1-800-762~6111. The decedent maintained Credit Line ACCOUnt (RCA #4003048111146580). For further information, please call 1-888-762-2265. Select option I, then option 3, and then 0 (zero). After pressing 0 please remain on the line to speak to a Loan Service Representative. (We do not have access to Loan information, you must contact the Loan Area at the above number for further assistance). Please note that this office only provides date of death balances for deposit accounts (TRAs, CDs, Checking and Savings accounts). We do not process any tinancial transactions or provide statements. If you need assistance with any of these items, please call1-888-PNC-BANK (1-888-762-2265) or stop by your local PNC Bank branch office. Sincerely, ~lAftR- RacheIle Wells 1-800-762-1775 P7-PFSC-04-F 500 first Ave. PittSburgh PA 15219 Member FDIC seN. E ) :Lien\. I TOTAL P.01 C~!d at Carli.,le March 26, 2007 Tclcr1ll111e: 717-249-1363 Fax: 7l7-249-lJS II Website: www.ehapelpointe.eoIll no South Hanover Street Carlisle, PA 1 70].1 Mrs. Corrine L. Myers Martson Law Offices 10 East High Street Carlisle, PAl 7013 Dear Mrs. Myers: This letter is in response to your letter of March 22,2007, to Linda Amsley. The amount of the refund due to Robert Enders estate is $62,700.00. A copy ofthe calculation of the refund is attached for your files. As you know, the refund is not payable until the independent living unit occupied by Mr. Enders is re-occupied and the entrance fee is received in full from the new resident. If you have any other questions, please contact me. Sincerely, Richard A. Lehmann Director of Financial Services CC: Linda Amsley .. A retirement community of The Christian and Missionary Alliance i 5CH. 'E l ThM 2- CLC CONSUMER SERVICES Fax:412-762-7707 Mar 8 2007 12:03 P. 01 "- ~ ~';"'~ ~~~;;r 0 ~ ~oQS: ~ (t) o oo~ Oc,.Oa ~ >.. :;;:tr.loa. 5.?g 'b~~en \Ocne"'l;j ~ ~ ~ ~~Qo ('j ~ 00 ~ ~ r.a O' 0 ~ ;: ~~. ::i .... ~ ~ :..p-3 g f% ?' ~"'d ~ 3. ~ ~ ~ I (ll ~ = S- o 0 ~ ~~ ~.~ ~ ~~ >rI)~~ c:: 0 _. CD. g 0- ....., -~::: Z (JQ N '< S- tn. 8. .:::..=:c ~('L\ 0 :::;,.....:1 o ~ ~ :R ~ ~.g ~::s . a o~ - ~.... ~ b=- :1. ft ~ 'Oo~E; l.f~ w ~~ ~., a. ~~8'"1 ~~ ~ C'I.l 0 ~~c::.8 -. ::; oo~ . 0 en a ~. ~ ~ ~ 0 =~ I ""'l o 5i ;a~"'" ~l -Q. ~ ~ r;j' ~ -~ ~:J t~ G ~ ~ CQ' VI .. co oo~- 0 0'",<: VI ::s a ~o . &:~tf ~ g go f,b' ~ .... i ., ~ .........._!;t;l g. ~.oo ~; g. S' o~g ..00 ? "d -go Cll ~ N N...... ::s 5& ('I) a 0 '-' 0 ..... . t;1 8 s. 0 ....:a""'l~ ~ ~. ....:a O\<i~ ('I) p,. co >-t '0 S E; ('I) .1.0 0 o ~ ~.~s:: ....."l:j oB.g- ~"'.,{' 00_ 8~ c:: _ ~~.~ . aocp ~ ~i ~ (Tl c,.~~ ~ ~ ~. er ~ 9.. - o S' 0 &.~ ::s g. (JQ 1"1. <-...j ('0 ....... .:::..Cll s:>> ::; ., ;.:.6' ~s~ <.118 ~ ~ a "!=' ::; o s:>> p ~ N ......, ::t. ....:a;;tlo - ;:s t:d..... Ng.O ~a .....;j ('I) 8a;:s ~ ...... t1 g. CI.l G 5tH. :t. ):I~ ~ LAW OFFICES \.ylLUr~M F. MAHT50N. P.C., LAST WILL AND TESTAMENT I, ROBERT D. E. ENDERS, of the Borough of Carlisle, Cumberland County, Pennsylvania, being of sound and disposing mind and memory, do hereby make, publish and declare this to be my Last Will and Testament, hereby revoking any and all former Wills or Codicils by me made. 1. I direct that all my just debts, funeral and testamentary expenses, and all inheritance taxes shall be paid from my residuary estate as soon as practicable after my decease and as part of the administration of my estate. 2. I give, devise and bequeath all of my estate, both real and personal property, unto my wife, CARRIE E. ENDERS, absolutely, and I hereby appoint my said wife as Executrix of my estate. 3. In the event my said wife shall predecease or fail to survive me, then I give, devise and bequeath all of my estate, both real and personal property, unto my son, ROBERT E. ENDERS, absolutely, and I hereby appoint my said son as Executor of my estate under the provisions of this paragraph of my Last Will and Testament. IN WITNESS WHEREOF I have hereunto set my hand and seal this ~O'f/..... day of ';~ ' 1979. fId~,R~ Ro rt D. E. n~fs (SEAL) SIGNED, SEALED, PUBLISHED and DECLARED by the above-named Testator as and for his Last Will and Testament, in the presence I of us who, at his request, have hereunto subscribed our names as \ witnesses thereto, in t e presence of said Testator and each other.. , - + ~~D~ I I LAW OFFICES WILL1AM F. MARTSON. P.C. COMMONWEALTH OF PENNSYLVANIA ) COUNTY OF CUMBERLAND . .. ) SSe I, ROBERT D. E. ENDERS , Testator , whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my Last Will; that I signed it willingly; and that I signed it as my free and voluntary act for the purposes therein expressed. ~j- 41!-0~ Rdoert D. E. Enders Sworn or affirmed to and acknowledged before me by the above Testator , this 3~'Ih day of ~ ' 1979. !(~~-U- .~J. MAR'! L:~'" '" "-,' ":cx"or/ ?u1:J!T: c.."\1"kh. C....)., . ;.<or " ,~. c.om.",;",;;Q\ h\ COMMONWEALTH OF PENNSYLVANIA ) : SSe COUNTY OF CUMBERLAND . . . . ) We, bJ ~.~,.J. ~ a~ ~.~ J! /Jz~ft .(7 )..,.,,; the witnesses whose names are signed to the attached or foregoing instrument, being duly qualified according to law, do depose and say that we were present and saw Robert D. E. Enders , Testat or, sign and execute the instrument as his Last Will; that Robert D. E. Enders signed willingly and that Robert D. E. Enders executed it as his free and voluntary act for the purposes therein expressed; that each of us in the hearing and sight of Robert D. E. Enders , Testator , signed the Will as witnesses; and that to the best of our knowledge, the Testator was at that time 18 or more years of age, of sound mind and under no constraint or un~ue i~fl~~~ J21J~ n! 101/7" l Address IDc...t JJ:i: .J);ud- a;J~, ~ ~~"~'t.~~ ~ day Sworn or affirmed to and subscribed before me this<10~ of ~ ' 1979. N~~r{~.,,~ ('~lo, c> ~-.../:t, ''1lr p-,v,.,>,;;'l,~,:" ~(J. . "..'"