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HomeMy WebLinkAbout01-0606PETITION FOR PROBATE and GRANT OF L/ETT'E/RS Estate of MARIAN L. GRAYBILL No. ~~~/ ~ ~~ - also known as T'o~ Register of Wills for the Deceased. County of CUMBERLAND in the Social Security No. 424-58-1743 Commonwealth of Pennsylvania The petition of the undersigned respectfully represents that: Your petitioner(s), who 2s/are 18 years of age or older an thekxoecut rices named in the last will of the above decedent, dated Auaus t 2? ~ , 19.~~ and codicil(s) dated Joan M. Lucas, one of the appointed Co-Executrices has renounced in favor of Pamela. A~_ Gravbill Burkholder and (state relevant circumstances, e.g. renunciation, death of executor, etc.) Decendent was domiciled at death in Cumberland County, Pennsylvania, with h ar last family or principal residence at 90 Wagner Street North Mi c3c31 Ptnn Tnwn~hi ~ (list street, number and muncipality) Decendent, then 7h ears of age, died June 15 , 2001 , at Carlisle Hospital . Except as follows, decedent did not marry, was not divorced and did not have a child born or adopted after execution of the will offered for probate; was not the victim of a killing and was never adjudicated incompetent: Decendent at death owned property with estimated values as follows: (If domiciled in Pa.) All personal property $ 4 0 0.0 0 0.0 0 (If not domiciled in Pa.) Personal property in Pennsylvania $ (If not domiciled in Pa.) Personal property in County $ Value of real estate in Pennsylvania $ situated as follows: 90 Wagner Street, North Middleton Township., ____ Cumberland County, PA WHEREFORE, petitioner(s) respectfully request(s) the probate of the last will and codicil(s) presented herewith and the grant of letters Testamentary (testamentary; administration c.t.a.; administration d.h.n.c.t.a.) theron. ay Pamela A. Gzaybill) c g urkFiol e~- ^~~, 90 Wa ner Street ya. ar is e, v~ ~o Va erie Da is 110 Wa n Street_ Carlisle. PA 17013 R c m OATH OF PERSONAL REPRESENTATIVE COMMONWEALTH OF PENNSYLVANIA ~ ss COUNTY OF CUMBERLAND The petitioner(s) above-named sweat(s) or affirm(s) that the statements in the foregoing petition are true and correct to the best of the knowledge and belief of petitioner(s) and that as personal represen- tative(s) of the above decedent petitioner(s) will well anc~,x, r~ly_adrtyniste~hesstaje ac~or~i~~, to law. Sworn to or affirmed and subscribed before me this ,,.~ 27th day of Mary ~' Lewis ' ~ Register of Wills /~ a.3 9-r~ _ -- - -- ov' a C NO. 21-2001-606 Estate of MARIAN L. GRAYBILL ,Deceased DECREE OF PROBATE AND GRANT OF LETTERS AND NOW June 27th 2001 in consideration of the petition on the reverse side hereof, satisfactory proof having been presented before me, IT IS DECREED that the instrument(s) dated Au qu s t 2 2 , 19 8 8 described therein be admitted to probate and filed of record as the last will of _ Marian L. Graybill ; and Letters Testamentary ~~u~n are hereby granted to Valerie J. Davis FEES Probate, Letters, Etc.......... $ 375.00 Short Certificates( ) . (5) ....:: $ 15.00 Renunciation .. ~ 1 ~ ......... $ 5.00 x-Pages (4) $ 12.00 JCP TOTAL $^~- Filed ..June .27~h, X0,0.] , .. , .,5412.00, , , j Register of wilts Mary C . Lewis Ralph H. Wright, Jr. (56113) Johnson, Duffie, Stewart & Weidner ATTORNEY (Sup. Ct. I.D. No.) 301 Market St., P. O. Box 109 T.r~nn=ne, PA i ~na~-ni n~ :ADDRESS (717) 761-4540 PHONE MAILED LETTERS TO ATTORNEY RALPH H. WIGHT, JR. ~.ona ... !:r, _ -('his is to certify that the information here given is correctly copied from an original certificate of death duly filed with me as Local Registrar. The original certificate will be forwarded to the State Vital Records Office for permanent 'filing. WARNING: It is illegal to duplicate this copy by photostat or photograph. Fee for this certificate, $2.00 P 7387001 Local Registrar ~~~~~ ~~ ate No. 21-2001-606 H,os.,a3R«. vB7 i YPErPRINT IN PERMANENT BLACK INK ,S l l~ i s 2 W U O i COMMONWEALTH OF PENNSYLVANIA • DEPARTMENT OF HEALTH • VITAL RECORDS CERTIFICATE OF DEATH NAME Of DE EDEM IFYV. MWda Laai ~~~>~~ mss- ~ SEX SOCIAL SECURITY NUMBER GATE OF DEATH,MUxn. Day. hr) ` ,. ~ ~ , ~ / 7. y! - J ~ /~ .. June 15, 2001 :. / AOE ILeR ewuaayl UNDER t YEAR UNDER 1 DAY DATE OF BIRTH BIfiTHPLACF ICry araf PLACE Oi DEYJN ICnaca a+Y ~+- +w• ~nwucwre an wla swYl _ Marta I Dap Maw. t MYw,w !MUrwn. Day. 'hrl Sr•a /a•gnCwN1YI OTHER' NOSPITK: 1925 Shiremanstown Mar 2 76 Y r,,~, -j Irlp•IwX ^ EIWMprwM W DQA ^ tJ RwWrw ^ ISpe[Yyl ^ , n , ECEDEHf OF HISPANIC ORIGIN7 RACE ~ Amman lMan.lYCk, MM•. NC. D • COUNTY OF OEATN CffY. BORO. TWP OF DEATH FACKT' NA 1 ar arw rwanuar, NMS L ~ No ~ W. ^ M y«. aP•cM Qrban. ,SPa[hl Cumberland Carlisle Carlisle Hospital ~••~•~~••b White • r. r. t. IE. DECEDENTS USUAL OCCUPQION KWOOF BUSWESSnNOUSTRY YMS DECEDENT EYERW DECEDENT'S EDUCATION MARILIL STATUS~MarnM SURVIVYiG SPOUSE IG,v L,,,.a.orL.on.w n,.y U. S. ARMEDFORCES7 S orll c NMrMmiW. MAdawad. Itl a,la. Vvnlagwnrrvwl awr[a1sP•[rY, D w ' ~ S a.w,Ie.IgY.:a.n.l•a.r • B. . iaiOw rwl Retail w.^ n.Q E""~'"rw (D+a n.as., • „ Sales ,,.. ,:. /7. ,.. Widowed ,E. DECEDENT'SMAILING ADDRESS ISa.a CirlTOwwt Sear. ZgCaYI DECEDENT'S Pennsylvania o ,Ta 1 ,~. a.ud.M Endo t110[ttL Mlddt_t011 I-. 90 Wagner Street .p[. . b . . ACTDAL ,7a SiM. RESIDENCE a.[.WM Carlisle, Pennsylvania 17013 ~~~ o•i Cumberland b'""1p7 ^ ~ ~ E „~ ~n ,T.. a [a,~ b FATHER'S NAME IFYA. Malda. Lasl) MOTHER'S NAPE IF[K. MgAa. Mahn Sanamsl Carol Reuben Roth Ma A Ruhl E „ . WFORMANT'S NAME (iyprPrnQ VlFORMANT'S MANMq ADDRESSISheM Cayrtwm. Sba. ZpCMa) Valerie J. Davis ,~. 110 Wa net Street Carlisle Pa. 17013 METHOD OF DISPOSITION GATE (M DISPOSrtKk! PLACE aR gSPt751TN)N•NrM aC•wrl•ry.GMray LOCATgN~Cayl6wn,SW. Zy COW Bunts ® Glwrlrun ^ R•nbwr wan BIM. ^ . Dar. qrl a our PIx• Darr,^ aIrISPe[n~ ^ Jun 19 2001 St. John's Cemetery Camp Hill, Pennsylvania 17011 x,e. , mb. ],e. x,a ' SIGFUTU FUNE R LK'EN OR PERSON AS SUCH LICENSE NUMBER NAME ANDAODRESSOF PACKITY ub. FD-012662-L xx. r a•ms s aVy.Mn umryinp arr.r[~.n r Mw waAabr N WM a Warn b Ilr b•r a my an•»I•dpw. WaN •ccwrad , , dr• and pace RMSd LICENSE NUMBER DaPE SIGNED ~A a Z ` 7 ~ i - 1r (Mart. D.Y.'Ibari .and Tk•I ~// ~/ urury uuN d Wrn. ~/ L'u ' G t~•• / • / 7y, 7m. 7k. N•ma 2a~ri mart G raarlp•Ir, by TBIE OF DEATH DATE PRONOUNC DEAD IM[nm. DiY, vurl VMS CASE REFERRED TO MEDICAL E%AMINEfVCORONER9 ~a ~ • Prwm rlla prOrlOUrKN d•aN. _ 1 Yp^ NOLS xT. LMT I: EM•r IM diauMa. •Ilaip a cwmPll[rrr wAi[T [aus•d IM W aln Do n•1 eMr IM nbW of dynq, auto as [rdNC a rasgralory arrnl, SII•Clt a Mari liilw• I APDrwnr•i• PART M: OVw1 ap1YA[a1u Mndlli•rM MrrWalp b Waln. bN crr pwln PART 1 rial r•wllll rtlr adrryw i lO . p g r••wn Mrva lM amY an•[auf•On •AN Nr. ; awlarb Wart /~_ meat coM„unSE lFvyl ~ ~ ~ iFL•~ ~~ ~ v ! r ~~ --I _ NC OF~~ DUE W (OR AS A S•pu•nwaay nr ca,Wiwna o. ~ DUE 10 K%, ASA CONSEQUENCE aI: tlaq,wWlgb nalydiN• Enr UNOERIYMN ~ c CAUSE IUnw+awa+yav --- - nr aW Womanly OUE TOIOR AS n CONSEQUENCE OF): I ,•aAlaq n oral UIST a - -- MIa3 AN AUTOPSY WERE AUTOPSY FNaDINGB MANNER OF DEATH DATE OF IWURY i1ME OF WJURY INJIN,Y AT WORK7 DESCRIBE HDW IN.IURY OCCURRED. PERFORMED? MMEABLE PRgRID lMmn. Day, lbarl ~~ ~. ~ETKW Oi CAUSE Nrwtl O~ Nan~etlw ^ l~ 'F • ^ NO ^ AccWM ^ P•rl6rp MV•slgelgn ^ M YM ^ N• ,~,/ Yn ^ N• L7 ~Y• ^ CaAG naM WI•rmma0 ^ pLACE OFINJURY..V Iplw.larm. Lra•I.iM.lory.dh• LOCKIONISYar. CJWforwl.SWw) GWbp, rc. ISp•cavl a .~_ 7M. ]Eb. ri. xr. ~. CERTIFIER IC!'ack aay mel SIGNATURE AND TITLE OF CERTIFIER 'CERTIFYING PHYSICIAN IPnystan caUrug cause tl cream wnwn malwr Pnyvc~an nas pmwrceU ueam anu curngetW Item 131 TO 11N 0•M o1 rY •rl•vrledq•, WaN a:eurtw0 dw b na eau,wlal and manner n ar,b ..................................................... ^ 71b • ~~ •/'r 'PRONOUNCING AND CERTIFYING PHYSICIAN IPnysewan pull:;,,~rwur Kiny uealt. anO Cnalyvq io cause of ueart~, u l d M d L NUMBER _ DATE NED n. '~ arl J /<~ - E 71a ~ ~I M ~ 71 ............ .. ............ manmr as a • i• W bwl •1 mY bnovrNd9w, Waln eccwr•d at uM Ibn•, dab, and plat.. and dw 1• I cauwlal+n NAME ADDRESS OF PERSON wHO CONPL`fTED USE OF DEATH ' (I,dn 271 Type a PnM ~~_P- / d M/ ~v7~~i ~LI.Q //11 •, MEDICAL E%AMWERlC0110NER • On,M buu O/•A•minMlon•ndlor lnw•a119nwn,~n my•P~nion, dealA«curr•aa„M,Im•,da,•, and Place, and duw to the uuw(al and ^ '/ / {. ~ f /.~(/ iH'~~,~4/' f~_ m'oo'r a alai•d ............................................................................... ................... ]la ]x. ~ ~ Q/~ REG,ST R SIGNATURE AND NUMBER DATE FILEDIMOM.Dey 'hall 77 ,~ ~.~_ ~, ~ . Graybill.W ~~c~t ~iI1 ~n~ C7~ P~t~mrnt of MARIAN L. (~2AYBn T. I, MARIAN L. GRAYBILL, of Lower Allen Township, Cumberland County, Pennsylvania, declare this to be my Last Will and Testament, hereby revoking and making void any and all former wills made by me. I. I direct that all my legal debts and funeral expenses, including my grave marker, and all expenses of my last illness, shall be paid from my residuary estate as soon as practical after my decease as part of the expense of the administration of my estate. II. I bequeath my automobiles, household and personal effects and other tangible personalty of a like nature (not including cash or securities), together with any existing insurance thereon, to my husband, DAVID R. GRAYBILL, provided he shall survive me by thirty (30) days. Should my husband, DAVID R. GRAYBILL, predecease me or not be living on the thirty-first (31st) day following my death, I bequeath such tangible personalty and the insurance thereon to such of my daughters, JOAN M. LUCAS, PAMELA A. GRAYBILL and VALERIE J. DAMS, as are living on the thirty-first ( 31st) day after my death, to be divided among them by my Executor with due regard for their personal preferences in as nearly equal shares as practical. III. I devise and bequeath the residue of my estate of every nature and wherever situate to my husband, DAVID R. GRAYBILL, provided he shall survive me by thirty (30) days. Should my husband, DAVID R. GRAYBILL, predecease me or die on or before the thirtieth (30th) day following by death, I devise and bequeath the residue of my estate of every nature and wherever situate, in equal shares, Graybill.W to my daughters, JQAN M. LUCAS, PAMELA A. GRAYBILL and VALERIE J. DAMS. In the event that any of my daughters, JEAN M. LUCAS, PAMELA A. GRAYBILL or VALERIE J. DAMS, shall not be then living, I devise and bequeath her share to her then living issue, per stirpes, and in default of said issue, her share ~! shall be added to the share of my surviving daughter or daughters or their issue, per stirpes, as applicable. i IV. Should any of my issue entitled to a share of my estate not have obtained the age of twenty-five (25) years at the time of distribution to him or her, I devise and bequeath the share of each such issue to CCNB BANK, N.A., of New Cumberland, Pennsylvania, IN SEPARATE TRUST, to hold, manage, invest and reinvest the shares so received, and the accumulation of income thereon, and to use and apply the income and principal, or so much thereof as, in Trustee's ~ sole and absolute discretion, may be necessary or appropriate for such issue's support and education (including trade school and college education, both graduate and undergraduate) without regard to his or her parent's ability to ;provide for such support or education, or to make payments for these purposes, i without further responsibility, to such issue or to such issue's parents or to any person taking care of such issue. Any principal or income not so applied shall be distributed to such issue absolutely when he or she obtains the age of twenty-five (25) years. If he or she dies before obtaining the age of twenty-five (25), the Trust shall terminate and such shares shall be distributed to his or her personal representative. V. I direct that all taxes that may be assessed in consequence of my death of whatever nature and by whatever jurisdiction imposed shall be paid from my residuary estate as part of the expense of the administration of my estate. VI. I appoint my husband, DAVID R. GRAYBILL, Executor of this, my last Will. '; Should my husband, DAVID R. GRAYBILL, fail to qualify or cease to act as - 2 - Graybill.W Executor, I appoint my daughters, JOAN M. LUCAS, PAMELA A. GRAYBILL and VALERIE J. DAVI5, as Co-Executries of this, my last Will. Should any of my daughters, ~ JOAN M. LUCAS, PAMELA A. GRAYBILL or VALERIE J. DAMS, renounce or fail to qualify or cease to act as Co-Executries then, one or more of my said daughters shall act as Co-Executries, or Executrix, as applicable. VII. I direct that my Executor, or their successors shall not be required to post bond for faithful performance of their duties in any jurisdiction. IN WITNESS WHEREOF, 1988. I hereunto set my hand and seal this ~~ day of G~ ~ ~ (SEAL) Marian L. Graybill Signed, sealed, published and declared by the above-named Testatrix, as and for her Last Will and Testament, in the presence of us, who, at her request, in her presence and in the presence of each other have hereunto subscribed our i names as witnesses. ( SFAT,) I ~~~`~, ( SEAL ) - 3 - i ', Graybill.W i P~C:EQJOWLEDGMENI? i eor>t~NwEALTx of PENNS~vANL~ I . ss: COUN'T'Y OF CUMBERLAND . I ~' I, MARIAN L. GRAYBILL, Testatrix, whose name is signed to the foregoing ~ instrimlent, having been duly qualified according to law, do hereby aclrnowledge that I signed and executed the instr~ur~ent as my Last Will and Testament; that I signed it willingly; and that I signed it as my free and voluntary act for the purposes therein expressed. I I Marian L. Graybill Sworn to or affirmed and aclrnowledged before me, by Marian L. Graybill, the Testatrix, this ~c~ day of ~US T,~ 1988. My commission expires JEaN M. FREDERICK, Notary Pebfic ~ 5~') MY Cammi~ion Expires March 13; ] Camp Hitl Cumberland Coumy, Pa. - 4 - Graybill.W AFFIDAVIT COMN9JNWEALTH OF PENNSYLVANIA . ss: COUNTY OF CUMBERLAND We,~ /~ ~L/ i~1 ~ and ~~ ~$ , the witnesses whose names are signed to the foregoing instrume being d ly qualified according to law, do depose and say that we were present and saw the Testatrix sign and execute the foregoing instrument as her Last Will and Testament; that she signed willingly and that she executed it as her free and voluntary act for the purposes therein expressed; that each of us in the hearing and sight of the Testatrix signed the Will as witnesses; and that to the best of our ]rnowledge, the Testatrix was at that time at least 18 years of age, of sound mind and under no constraint or undue influence. Sworn to or affirmed and subscribed to before me bp~ ~~~e and ~o/~n~ ~-~ n~"~5F witnesses, thi~p~..~ day of /~~C15 j , 1988 . ~~ G 1~-- PL1b11C M~ commission expires: JF,1N M. FREDERICK, Notary Publi My Commission Expires INarch 13, 989 ~ Ste) Camp Hill Cumberland County, Pit. - 5 - RENUNCIATION 21-2001-606 In Re Estate of To the Register of Wills of MARIAN L. GRAYBILL CUMBERLAND deceased. County, Pennsylvania. The undersigned Co-Executrix of the above decedent, hereby renounce(s) the right to administer the estate and respectfully asks} that Letters Testamentary be issued to Pamela A. Graybill Burkholder and Valerie J. Davis WITNESS my hand this day of June ~ 2001 Sworn to and Subscribed before me this o~. ~. day of June, 2001. Notary is NOTARIAL SEAL DIANNE LENIG, Notary Public Lemoyne Borough Cumberland Co. My Commission Expires Dec. 21, 2001 (Signal re) Jo M. Lucas 1070 Henry's Hill Greensboro, GA 30642 (Address) (Signature) (Address) (Signature) (Address) CERTIFICATION OF NOTICE UNDER RULE 5 6(al Name of Decedent: Marian L. Graybill Date of Death: June 15, 2001 Will No.: 2001-00606 Admin. No.: To the Register: I certify that notice of beneficial interest required by Rule 5.6(a) of the Orphans' Court Rules was served on or mailed to the following beneficiaries of the above-captioned estate on June 27, 2001. Name Address Pamela A. Graybill n/k/a Pamela A. Graybill Burkholder 90 Wagner Street Carlisle, PA 17013 Valerie J. Davis 110 Wagner Street, Carlisle, PA 17013 Joan M. Lucas 1070 Henry's Hill, Greensboro, GA 30642 Notice has now been given to all persons entitled thereto under Rule 5.6(a) except None. Date: ~ O ~ ~~ `,~~ ~// igna re Name Ralph H. Wright, Jr., Esq. Johnson, Duffle, Stewart & Weidner Address 301 Market Street P. O. Box 109 Lemoyne, PA 17043-0109 Telephone (717) 761-4540 Capacity: Personal Representative X Counsel for personal representative ~~ ,~. ~~~~ ~o~c r C ~' V) m=~~ D~QO imc~~ ~~0~ wcztn ~w~~0 .imO~ cm -~ O C m ,~`- ~/.~~ ~~ ~~. F O x r Z ~ ~ °z z ~' w d o~ O ~ H ~ O ~ n y m ~ Y N r~iy O H y ~ ~ w O ~y ... .-, m d z 3 $ ; ' ~ !~' ./ ~ ~ n ~ ~1 TO Register of Wills Office Cumberland County Courthouse 1 Courthouse Square Carlisle, PA 17013-3387 BJECT: Estate of Marian L. Graybill No. 21-01-00606 DOD: June 15, 2001 FROM JOHNSON, DUFFIE, STEWART & WEIDNER _ Attorneys at Law ~~ P.O. Box 109 Lemoyne, PA 17043 (717) 761-4540 DATE: August 27, 2001 Enclosed is a check in the amount of $20,000.00 as a payment on account of Inheritance Tax for the above-captioned Estate, being made within the 90 days to allow for the 5% discount. H COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG, PA 1 7 1 28-0601 RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT REV-1162 EX~11-96) NO. CD 000207 JOHNSON DUFFIE STEWART & WEIDI~IER 301 MARKET STREET P O BOX 109 LEMOYNE, PA 17043 fold ESTATE INFORMATION: SSN: 424-5s-~ 743 FILE NUMBER: 21-2001- 0606 DECEDENT NAME: GRAYBILL MARIAN L DATE OF PAYMENT: 08/28/2001 POSTMARK DATE: 08/27/2001 COUNTY: CUMBERLAND DATE OF DEATH: 06/15/2001 AMOUNT ACN ASSESSMENT CONTROL NUMBER 101 ~ $ 20, 000.00 TOTAL AMOUNT PAID: REMARKS: PAMELA A GRAYBILL & VALERIE J DAVIS C/O CHECK#1005 SEAL INITIALS: SK RECEIVED BY: MARY C- LEWIS REGISTER OF WILLS S 20, 000.00 REGISTER OF WILLS f 3 IN RE: ESTATE OF MARIAN L. GRAYBILL Late of North Middleton Township Cumberland County, Pennsylvania, Deceased IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION No. 21-07-00606 Pamela A. Graybill n/Wa Pamela A. Graybill Burkholder, Petitioner PETITION FOR LEAVE TO SELL REAL PROPERTY TO THE CO-EXECUTRIX UNDER SECTION 3356 OF THE PROBATE, ESTATES AND FIDUCIARIES CODF The Petition of Pamela A. Graybill n/k/a Pamela A. Graybill Burkholder, Co-Executrix of the Estate of Marian L. Graybill pursuant to 20 P.S.C.A. §3356 respectfully represents that: 1. The Decedent, Marian L. Graybill died on June 15, 2001, leaving a Last Will and Testament dated August 22, 1988, which Will was admitted to probate by the Register of Wills of Cumberland County, Pennsylvania on June 27, 2001. 2. Letters Testamentary were issued to Pamela A. Graybill n/k/a Pamela A. Graybill Burholder and Valerie J. Davis by the Register of Wills of Cumberland County on June 27, 2001. The names and parties interested in the Decedent's Estate are: Joan M. Lucas; Valerie J. Davis and Pamela A. Graybill Burkholder, daughters of the Decedent. 3. At the time of death, Decedent held fee simple title to real estate situate in the Township of North Middleton, Cumberland County, Pennsylvania municipally known as No. 90 Wagner Street, Carlisle, North Middleton Township, Cumberland County, Pennsylvania, improved thereon with a one story dwelling, described in accordance with Exhibit "A" attached hereto. 4. Petitioner obtained an appraisal of the value of the real estate by Steven W. Barrett, Certified General Appraiser, which values the property at $120,000.00, a copy of which appraisal is attached hereto as Exhibit "B". ~ ~ 5. Pamela A. Graybill Burkholder, Petitioner desires to purchase the real estate for the sum of One Hundred Twenty Thousand ($120,000.00) Dollars. The other terms and conditions of the proposed sale are that the real estate transfer taxes will be divided equally between the Estate and your purchaser. 6. The other parties in interest other than your Petitioner, Joan M. Lucas and Valerie J. Davis have executed the Consent and Joinder, which is attached as Exhibit "C". WHEREFORE, your Petitioner prays your Honorable Court under Section 3356 of the Probate, Estates and Fiduciaries Code to authorize your Petitioner as Co-Executrix of the above-captioned Estate to convey the premises described in Exhibit "A" to Pamela A. Graybill Burkholder upon payment to the Estate of the sum of One Hundred Twenty Thousand ($120,000.00) Dollars. Respectfully submitted, JOHNSON, DUFFIE, STEWART & WEIDNER By: ~ Ra ph H. Wright, Jr. I. D. No. 56113 301 Market Street P. O. Box 109 Lemoyne, PA 17043-0109 (717) 761-4540 Attorneys for Petitioner r ~ COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND . SS Pamela A. Graybill n/k/a Pamela A. Graybill Burkholder, who being duly sworn according to law, deposes and says that the facts contained in the foregoing instrument are true and correct to the best of her knowledge, information and belief. Sworn to and S~scribed before me this day of August, 2001. Not ' ub NOTARIAL SEAL DIANNE LENIG, Notary Public Lemoyne Borough Cumberland Co. My Commission Expires Dec. 21, 2001 Pamela A. Graybill /k/a Pamela A. Graybill Burkholder ALL-STATE'LEG0.L 8'J0~221~0510 EUt1 RECYCLED EXHIBIT "A" ALL THAT CERTAIN tract or parcel of land situate in North Middleton Township, Cumberland County, Pennsylvania, more particularly bounded and described as follows: BEGINNING at a point on the southern legal right-of--way line of Wagner Street, at the northwest corner of land n/f Brett L.Yost; thence along the western line of said Yost land South 11 degrees 36 minutes 57 seconds West, a distance of 150.04 feet to a point on the northern line of land of n/f James W. Brown, et ux; thence along the Northern line of said Brown land and continuing along other land of James W. Brown, et ux, North 88 degrees 45 minutes 00 seconds West, a distance of 59.00 feet to a point at the southeast corner of Lot 2 on the hereinafter described Preliminary/Final Plat of Re-Subdivision; thence along the Eastern line of Lot 2, North 01 degrees 15 minutes 00 seconds East, a distance of 150.00 feet to a point on the southern legal right-of-way line of Wagner Street; thence along the southern legal right-of-way line of Wagner Street, South 88 degrees 45 minutes 00 seconds East, a distance of 69.48 feet to a point at the northwest corner of land n/f Brett L. Yost, the point and place of BEGINNING. CONTAINING 9,636 square feet, more or less. UNDER AND SUBJECT TO the twenty-five foot dedicated right-of-way of Wagner Street extending across the northern portion of the premises, having an area of 717 square feet, more or less, as shown on the hereinafter described Preliminary/Final Plat of Re-Subdivision, to be dedicated to North Middleton Township for future road improvement. BEING Lot No. 1, Preliminary/Final Plat of Re-Subdivision Lots 69, 70, and 71, Schlusser Village, dated July 2, 1996, last revised July 18, 1996, recorded in the Office of the Recorder of Deeds of Cumberland County in Plan Book 73, Page 2. ~ ~ { S. W. BARRETT REAL ESTATE ' 8 APPRAISAL SERVICES l ~n nor Fla No. U7-0565 APPRAISAL OF fi ti LOCATED AT: 90 Wagner Street Carlisle, PA 17013 FOR: Johnson,Duffie,Stewart 8 Weidner 3 8 Market Sts. Lemoyne, PA 17043 BORROWER: Marian GRAYBILL, Estate AS OF June 15, 2001 BY: Steven W. Barrett, SRPA, SRA Certified General Appraiser 12M126 NORTH HANOVER STREET, CARLISLE, PA 17013 717-243-6648 AND FAX 717-2438627 ~~u- u r j S. W. BARRETT REAL ESTATE 8 APPRAISAL SERVICES File No. 01-0565 File Number: 01-0565 In accordance with your request, I have personally inspected and appraised the real property at: 90 Wagner Street Carlisle, PA 17013 The purpose of this appraisal is to estimate 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 estimated market value of the property as of June 15, 2001 is: 5120,000 One Hundred Twenty Thousand Dollars The attached report contains the description, analysis and supportive data for the conclusions, final estimate of value, descriptive photographs, limiting conditions and appropriate certifications. Respectfully submitted, Steven W. Barrett, SRPA, SRA Certified General Appraiser SUMMARY APPRAISAL REPORT ProoertvDeseriotion 'r UNI~ORM RESIDENTIAL APPRAISAL REPORT FileNe_ 01-0565 Pro Address 90 Wa nor Street Ci Carlisle State PA L Code 17013 Le al Desai lion Deed Book 146, Page 62 Coun Cumberland Assessors Parcel No. 29-1 T-1585-069 Tax Year 00101 R.E. Taxes $ 1,711.00 S octal Assessments $ N/A Borrower Marlon GRAYBILL Estate Current Owner Same Occu ant: Owner Tenant X Vacant „ Pro r' hts a ised X Fee Si le Leasehold Pro'ect T e PUD Condominium HUDNA on HOA$ NIA IMo. Nei hborhood a P 'ect Name Schlusser Villa a Ma Reference 1T-1585 Census Tract 0119.00 Sale Price $ WA Date of Sale NIA Desai don and $ anaunt of ban tit eslmncessions to be id sellerNone LenderlGient Johnson,Duffie,Stewart & Weidner Address 3 & Market Sts., Lemo ne, PA 17043 'ser Steven W. Barrett, SRPA, SRA Address 126 North Hanover Street, Carlisle, PA 17013 Lopdon lhban X Suburban Rural Buidu Over 75% X 25-75% p ^ Under 25% Growth rate X Rapid Stable Slow Predominant occupancy ^X Owner Single family housing PRICE AGE s (oool b„i 75 Low New Present land use °~G One family 70% 2d family 1 % Land use change ^ Not likely ^ Likely ^X In process Property values X Increasing Stable Dedining ^ Tenant 250 Hi h 100 Mulct-family 2°k To: Residential/ Demand/supply Shortage X Inbalence Ooersuppy X Vardnt(D6%) Predominant `! Commerdal 5% Commercial Marked dme Under 3 nos. X38 mos. Over 6 nws, v°~t °+. sx 100 25 Vacant 22% Note: Rocs and the racial composition of the neighborhood are not appraisal factors. Neighborhood boundaries and characteristics: Lon 's Ga Road on west; No. Middleton Road on north; Cranes Ga /Sprin Roads on east, March Drive on south. Factors that affect the marketability of the properties in the neighborhoodproximity to employment and amenities, employment stability, appeal to market, etc.): There are no adverse factors to affect marketabili of subject. Diverse stable em to meet and all supportin amenities are ~~ within eas drivin distance. SMSA 3240 Market wnditions in the subject neighborhood (including support for the above wndusions related to tHeend of property values, demand/supply, and marketing dme --such as data on competitive properties for salein the neighborhood, description of the prevalence of sales and financing concessions, etc.): Pro a sales records and MLS statistics show a stead moderate increase in roe values over past ear. Avere e marketin time of 80-100 da sin area shows a ood balance of sup I and demand. Few sales and flnancin concessions are needed in nei hborhood. Project Information for PUDs(If applicable) -- Is the developerlbuilder (n control of thdiome Owners' Association (HOA)7 YES NO Approximate total number of units in the subject project NIA Approximate total number of units for sale in the subject project N/A Describe common elements and recreational facilitiesirl/A Dimensions 65 x 150 Irre ular Topography Basicail Level Site area 9750 Sq.Ft. Comer Lot Yes X No Size T ical for area Speddc zoning classification and desafptionSuburban Residential Zoningmmpliance ^X Legal ^ Legalnoncontomirrg(Crandhathereduse) Illegal No zoning Shape Irre ular Drainage A earsade uate Hi hest & best use as I roved: X Present use Other use a lain Yew Residential Utilities Public Other Off-site Improvements Type Public Private landscaping Avera e Electridty ^X 200 am Street Asphalt X ^ Driveway Surface Concrete Gas X Curblgutter Concrete X ^ Apparent easements None A arent Water X Sidewalk Concrete X FEMA Spedal Fiood Hazard Area Yes X No Sanitary sewer X Streetlights None FEMAZone C Map Date 4/15/77 Stone sewer Aile None FEMA Ma No. 420367A Comments (apparent adverse easements, encroachments, special assessmentssiida areas, illegal a legal n onconforming zoning, use, etc.): There are no a arent adverse easements, encroachments or other adverse conditions. GENERAL DESCRIPTION EXTERIOR DESCRIPTION FOUNDATION BASEA~NT INSULATION No. of Units 1 Foundation Conc. Block Slab None Area Sq.Ft. 1684 Roof No. of Stories 2 Exterior Wails V(n 1 CrexlSpace None %Finishad 0% Ceiling X Type(Det.lAtt.) Detached Roof Surface Shin le Basement Full Ceiling O enJoist Walls X Design (Style) 1 Sto Gutters & Dwnspts. Aluminum Sump Pump Yes Walls Conc. Bloc Floor O ExlstinglRoposed Existln Window Type DoubleHun Dampness None Obs. Flea Concrete None O Age (Yrs.) 5 Years StorMSaeens Thermal Settlement None Obs. Outside Entry No urloarm ^ Effective a rs. 2-5 Manufactured House No Infestation None Obs. ROOMS Fo er Livi Dinin Kitchen Den Famll Rm. Rec. Rm. Bedrooms # Baths Laun Other Area S .Ft. Basement Lovell 1 1 1 1 3 2 1,884 • Level2 ° Flnished area above ode contains: 6 Rooms• 3 Bedroo s ; 2 Bath s • 1,684 S uare Feet of Gross Livin Area INTERIOR MaterialslCandition HEATING KITCHEN EQUIP. ATTIC AMENITIES CAR STORAGE: Floes Car efr'Vin I Type Ht.Pum Refrigerate ^ None Flreplace(s)# None ^ Walls D all Fuel Electric RangelOven X Stairs Patio X Garage # of cars Trim~nish Wood CondidonGood Disposal ^X Drop Sta4 Deck Attached 2 Bath Floor Vin 1 COOLING Dishwasher Settle X Porch ^ Detached Bath Wainscot D all Central Yes ~ FanlHood X Floor Fence Built-In Doors Hollow Core Other N/A Morowave Heated Pool Carport Good condition ConditbnGood Washer er Flnished Drivewa 3/Cone Additional features (spedal energy effident items, etc.): Patio Condition of the improvements, depredatfor{physical, functional, and external), repairs needed, quality of construction remodeling/additions, etc.: Im rove meets are in ood condition with no hysical or functional made uacies a parent. Adverse environmental conditions (such as, bufiot limited to, hazardous wastes, toxic substances, etc.) present In the improvementgon the site, or in the immediate vicinity of the subject property: No adverse environmental conditions area arent/disclosed. rram° we ram ro o-v PAGE 1 DF• Z F°M° AW Form t006 BA7 TNe loan w, pfodll[M an tlm ACI Ow°epi~l P~piuFamu eyY°n (9W)9/87D + ~ ~ I SUMMARY APPRAISAL REPORT ~,~,,,~:~„ s.,.r,m„ UNIFORM RESIDENTIAL APPRAISAL REPORT File No. 01-0565 ESTIMATED SITE VALUE , , , , , , , , , , , , , , , , , , , , , , , , , , _ $ 22,000 ESTIMATED REPRODUCTION COST-NEW OF IMPROVEMENTS: Dwelling 1,684 Sq. Ft. ~ $ 50.00 = $ 84,200 Bsmt. 1684 Sq. Ft. ~ $ 10.70 = 18,019 Comments on Cost Approach (such as, sourceof cost estimate, site value, square foot calculationand for HUD, VA and FmHA, the estimated remaining economic life of the property): Cost new from Marshall Swift Valuation Service Patio 1,000 Handbook and local cost anal sis. Land value from ) GarrgelCarpart 460 Sq. Ft. ~ $ 15.00 = 6,900 Market Data Com orison. Depreciation based on a e life - Total Estimated Cost New , , , , , , , , , , , , , , , , _ $ 110,119 observed condition and Market Data Anal sis. Less Physical Functonal External Est. Remaining Econ. Lite: 48 Estimated Remainin Economic Life is 50-55 Years. e Depredatlon 55,000 = $ 5,000 Depredated Value of Improvements, , ,,, , , , , , , , , , , , ,, , = S 105,119 "As-is" Value of Site Improvements, , , , , , , , , , , , , , , , , , , = S 2,000 INDICATED VALUE BY COST APPROAC H • ~ • ~ ~ ~ • ~ _ $ 129,1 DD ITEM SUBJECT COMPARABLE N0. 1 COMPARABLE N0.2 COMPARABLE N0.3 90 Wagner Street Address Carlisle 21 Ridgeway Drive, Carlisle, PA 8 Tunbridge Lane Carlisle, PA 249 G Street, Carlisle, PA Proxi to Sub'ed 3.75 Miles 3.75 Miles 1.5 Miles Sales Price $ NIA : $ 114,900 $ 117,500 $ 107,900 Prioe/Gross Liv. Area Dataandlor Veriicatlon Sources $ 0.00 to Inspection Courthouse Rec $ 82.66 m ;' MLSlCourthouse Records $ 96.95 ¢) MLS/Courthouse Records $ T7.07 O MLSICourthouse Records VALUEAQIl1STNENfS DESCRIPTION DESCRIPTION . • s moan DESCRIPTION +(-)SAejmm.a DESCRIPTION +(•)3 mra Sales orFinandng Concessions None, Conv DOM 43 None, Conv DOM 73 None, Conv DOM 105 Date of SalelTime N/A :: 11/15/2000 3/28!2001 10/27/2000 Loptbn Avera a Average Avera a Avera e Leasahold~Fee Fee Sim le Fee Simple Fee Sim le Fee Simple Site LoUAvera a LoUAverage Lot/Avera a LoUAvera e Vew Residential Residential Residential Residential Desi n and eel 1 Sto /Av 1 Sto /Av 1 5to !Av 1 Sto /Av alCarsbtrrbm Av /BrickNin Av Nin I Avg/BrickNin Av /BrickNin A e 5 Years 7 Years 8 Years New Condition Good Good Good Good ' -2,000 Above Grade Tar ' eama ' e.ua Tar ' edema ' 9.ea tar ; earn. ' e.m. Tam/ ' Bdrme ' arh. Room Count 6~ 3. 2.00 5. 2; 2.00' S~ 3. 2.00' S. 2. 3.00' -2,000 • Gross Levin Area 1,684 S .Ft. +2,900 1,390 S .Ft. 1,212 S .Ft. ~ +4,700 1,400 S .Ft. ~ +2,800 BasementBFMdshed RoomsBebwGrade Full Bsmt/ Unfinished None +4,000 Unflinished None +4,000 Unfinished Crawl Space +3,000 Unfinished Functional Utlli Avera a Avera a Avera a Avera e Heatln lCoolin HtPm /CA FHAiCA FHA/CA FHA/CA e En Elfidentltems T ical T ical T pica) T ical Gars a rt 2 Att. Gera e 1 Car Garage +1,000 1 Car Garage +1,000 None +2,000 Parch, Patio, Deck, Fire la s ,etc. Patio Patio/Porch -1,000 Patio Porch Fence, Pool etc. None Fence -1,000 Fence -1,000 Nons Net Ad'. total X + ' $ 5,900 - X + ' g 8,700 X + ' $ 3,800 Gross: 9:1 °/, Gross: 10:9% Adjusted Sales Price Gross: 8.696 of Cam arable - Net: .5.19E ': $ 120,800 Net: 7.4% $ 126,200 Neti' 3.5% $ 111,700 Comments on Sales Comparison (Including the subject property's compatibility to the neighborhood, etc. ): Sub act Is com atibie with nee hborhood ro erties. Sales Com orison Anal sis shows a range of 5111,700 to 5126,200. •A a and condition adjustments combined under condition for Com arable sale No.3. ITEM SUBJECT COMPARABLE N0.1 COMPARABLE N0.2 COMPARABLE N0.3 Date, Price and Data 09!17!96 Sourcetorpriorsales S1.00 None None None wilhfn eaof also/ Courthouse Rec Courthouse Records Courthouse Records Courthouse Records Analysis of any current agreement of sale, option, ar listing of the subject properly and analysis of any prior sales ofsubjed and oomparableswithm one yea ofthe date ofappra'sal: No riot sales within one ear were found. INDICATED VALUE BY SALES COMPARISON APPROACH,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,E 120,000 INDICATED VALUE BY INCOME APPROAC tl tlcable Estimated Market Rent $ N/A Mb. x Gross Rent MuPo liar NIA = $ N!A This appraisal is made X "as is" suhjed to the repels, alterations, inspections a oonditons fisted bebw subject to wmplefion pa phdns and speafiptans. CondtionsotApprelsal: The rope has been a raised in current condition. This a raise/ is for client onl ,nontransferable. See attached addendum. Ins action date was 06/28!2001; As Of Date 06/1512001 Final Recondliation:Cost and Market Anal sis consistent/ su port m estimated market value. GRM anal sis was found ina ro riate for this anal sis. Greatest wee ht is a Ifed to the Market Data Anal sis. Su orting file Information e substantiates these estimates. The purpose of this appraisal is to estimate the market value of the real properly that is the subject of this report, based on the above conditlons and the oertlfirafion, contingent and limiting conditions, and market value definitlorlhatae stated in the attached Freddie Mac Fonn 439lFamie Mae Fonn 10048 (Revised 6193 ). 1(WE) ESTIMATE THE MARKET VALUE, AS DEFINED, OF THE REAL PROPERTY THAT IS THE SUBJEC~F THIS REPORT, AS OF 0 611 5/2 0 0 1 • (WHICH IS THE DA F INSPECT E EFFECTIVE DATE OF THIS REPORT) TO BE; 120,000 , APPRAISE~~ / .i_ SUPERVISORYAPPRAISER(ONLYIFREQUIRED): Signature 7 ! Signature ^Did ^Did Nat Name Steven W. Barrett, SRPA, SRA Name Inspect Property Date Report Signed 06129!2001 Date Re ort Si ned State Certification # GA-000298-L State PA State Certification # State Or State License # RB-026921-A State PA Or State License # State Boddie Mar ram 70 683 ~.ar urrau aeon rvr ar r"~MN~awer f'ACit1Uh2 ramr waram iwa o-ra rwtem... aadueea mu. rte o.,,eoaea eaa~a"+a+e"Ieoo)aaerxr STEVEN W. BARRETT REAL ESTATE FLa~RPLAN suEUECT PROPERTY PHOTO ADDENDUM Borrower Marian GRAYBILL, Es* t. ~~ File No.: 01-0565 Property Address•90 Wagner Street Case No.: City Carlisle State: PA ZID: 17013 Lender: Johnson,Duffi Stewart 8 Weidner FRONT VIEW OF SUBJECT PROPERTY Appraised Date: June 15, 2001 Appraised Value: $ REAR VIEW OF SUBJECT PROPERTY STREET SCENE SUBJECT PROPERTY PHOTO ADDENDUM Borrower: Marian GRAYBILL, Est File No.: 01-0565 Property Address: 90 Wagner, treat' ' Case No.: City: Carlisle State: PA Zip: 17013 Lender: Johnson Duffle Stewart 8 Weidner FRONT VIEW OF SUBJECT PROPERTY Appraised Date: June 15, 2001 Appraised Value: $ REAR VIEW OF SUBJECT PROPERTY STREET SCENE COMPARABLE PROPERTY PWATn enneun~ ru Borrower: Marian GRAYBILL Est File No.: 01-0565 Property Address:90 Wagner gtreet' ' Case No Cad :yCarlisle State• PA Zip• 17013 Lender. Johnson D Stewart 8 yyerdner a s COMPARABLE SALE #1 21 Ridgeway Drive, Carlisle, PA Sale Date: 11/15/2000 Sale Price: $ 114,900 COMPARABLE SALE #2 8 Tunbridge Lane Carlisle, PA Sale Date: 3128/2001 Sale Price: $ 117,500 COMPARABLE SALE #3 249 G Street, Carlisle, PA Sale Date: 10/27!2000 Sale Price: $ 107,900 ~ ~'- y ... tr . §;:, COMPARABLE PROPERTY PNOTn OnnFNnl1M Borrower: Marian GRAYBILL, Est File Na.: 01-0565 Property Address:90 Wagner greet' ~ ~ Case No City: Carlisle State' PA Zip' 17013 L ne der: Johnson Duffle Stewart & Weidner A 8 COMPARABLE SALE #1 21 Ridgeway Drive, Carlisle, PA Sale Date: 11h5/2000 Sale Price: $ 114,900 ~~. 4 -....~. _._~. _. -~ COMPARABLE SALE #2 8 Tunbridge Lane Carlisle, PA Sale Date: 3128!2001 Sale Price: $ 117,500 COMPARABLE SALE #3 249 G Street, Carlisle, PA Sale Date: 10/27/2000 Sale Price: $ 107,900 :' „~ ~ ~ ~ ~ .~,, ~ I -~ I ~~ RTES `~~ •® I ! ` 74 ~I 1 ~~ ~ Fi cANLIfLF FAMGXOUNOB 3 's FoResT PARK FO Comp 1 N _ _ ~ W~ F CARLISLE AJRPORT u FORGE ROAD ACRES 4 SDUTH ~- MIDDLETDN MAYAPPLE VILLAGE ~ f TWP 7HE vn~s V ~ a ~~ e 4 M1 d~ V ~ P, LI! 1 34 .. <... . d un au BOBBIE GOODYEAR ReS1Cle11t111 .... Mortgage Representative //~~ D~ Living - '~ HCllt~S C'.~tta ue~ ~ - „ ~ ********* QUALIFICATIONS ********* The following checked items are SPECIFIC SPECIAL CONDITIONS that were Identified by this appraiser during the inspection of the subject property, the comparables sales, and their neighborhoods and locations. Unless otherwise noted, the conditions that apply to the subject property or the comparable sales used DO NOT AFFECT THE MARKET VALUE OR THE FUTURE MARKETABILITY OF THE SUBJECT PROPERTY BEING APPRAISED. This is not a home Inspection service. This is an appraisal to estimate market value. _1. The subject is located in a rural area and is less than 25% built-up. _x _2. Commercial/Industrial uses are located within the subject's neighborhood. These uses are typical of similar neighborhoods. _x_3. Vacant and undeveloped land uses are located within the subject's neighborhood. These uses are typical for the area. _x_4. The predominant value in the neighborhood is less than that of the market value of the subject property. This is due to the very wide range of value of properties in the area and superior quality of the subject property. _5. The subject property is located in a F.E.M.A. Identified Flood Zone. Flood insurance coverage is required and suggested. _6. Dampness is noted in the basement of the subject. Standing or running water was not present on basement floor. This condition is considered typical in dwellings of this style. _7. The subject property is serviced by private well and/or septic systems which is common for the area. _8. The subject is older than five(5) years. All mechanical systems Including the heating, electrical and plumbing systems appear upon a visual exterior inspection to be In working order. No warranties are implied in this statement. _9. Repair items were noted in the comments section of the report. These comments on repair items are for descriptive purposes only and are not required repairs. The items listed are cosmetic In nature. _10. The basement floor is a dirt floor. This condition is common and typical for the area. and does not pose a health or safety hazard. _11. The subject property does contain functional obsolescence as noted in the report. This condition fs 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 comparables on that Individual rating. All comparables used are the best available. _7 5. Total adjustments exceed 25%. This is due to the lack of comparable sales that were more similar in the subject's market area. All comparables used are the best available. x_18. One or more comparable sates 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(8) months have to be used. All comparables used are the best available. x_17. One or more comparables used were in excess of one (1) mile from the subject property. Although there are comparabie 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 comparables used are the best available. _18. The electrical system was not connected during Inspection. _79. The water service was not connected during inspection. _20. The heating system was shut down during inspection. _21. Roofing_Plumbing_Electrical_Heating_certification(s) is/are suggested. _22. Inground swimming pool-, out buildings are included ,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. „ , vi-uaoo ********* QUALIFICATIONS ********* _24. The subject property is located on a private road. _25. Wood infestation inspection is suggested. _x_26. Last recorded deed transfer: Date 09/17/96 ,Consideration: S_1.00 _27. Proposed construction/renovation in accordance to plans and speciflcatfons to be completed in a workman-like manner. _28. Seller is paying part or all of closing costs. x 29. All comparable sales are verified closed sales. _x_30. There are no special conditions or other requirements that would affect market value or future marketability in the Appraisal Report. f ~ ~ 1, File No. 01-0565 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 awn 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 s¢e. 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 amangements 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 'rf they are soused. 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 properly. 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 lenderlclient 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 lenderlclient 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 10046 6-93 ~ ~ i . File No. 01-0565 APPRAISERS CERTIFICATION: The Appraiser certifies and agrees that: t. 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 far 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 subject only to the wntingent and limfting conditions specfied 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 andlor 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 far performing this appraisal is cenfingent on the appraised value of the property. 6. I was not required to report a predetermined value or direction in value that favors the cause of the client or any related party, the amount of the value estimate, the attainment of a specific result, or the occurrence of a subsequent event in order to receive my compensation and/or employment for performing the appraisal. I did not base the appraisal report on a requested minimum valuation, a specific valuation, or the need to approve a specfic 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 recendliation 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 1 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 tc support them. I have also commented about the effect of the adverse conditions on the marketability of the subject property. 9. I personally prepared ail 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, 'd 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 far the appraisal and the appraisal report. ADDRESS OF PROPERTY APPRAISED: 90 Wagner Street, Carlisle, PA 17013 APPRAISER: SUPERVISORY APPRAISER (only if required) ~~ Signature: ~- Signature: Name: Name: Steven W. Barrett, SRPA, SRA Date Signed: 06129/2001 State Certification #: GA-000298-L or State License: RB-026921-A Date Signed: _ State Certification #: or State License #: State: PA State: Expiration Date of Certification or License: June 30, 2003 Expiration Date of Cert~cation or License: ^ Did ^ Did Not Inspect Property Certified General Appraiser Freddie Mac Form 439 6-93 Page 2 of 2 Fannie Mae Form 10048 693 •. t CONSENT AND JOINDER The undersigned, being the parties in interest other than the Petitioner, of the Estate of Marian L. Graybill, do hereby consent to the sale of 90 Wagner Street, North Middleton Township, Cumberland County, Pennsylvania, as more fully described in the attached Petition for Leave to Sell Real Property, for the sum of $120,000.00, and the undersigned do hereby further join in the Petition of Pamela A. Graybill n/k/a Pamela A. Graybill Burkholder for the approval of said sale. W ESS: oan M. Lucas Valerie J. Da J IN RE: ESTATE OF MARIAN L. GRAYBILL, DECEASED, LATE OF NORTH MIDDLETON TOWNSHIP, CUMBERLAND COUNTY, PENNSYLVANIA. IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION N0. 21-01-00606 Pamela A. Graybill n/k/a Pamela A. Graybill Burkholder, Petitioner FINAL D C~ A r~ ND NOW, this l day of 2001, upon consideration of the Petition of Pamela A. Graybill n/k/a Pamela A. Graybill Burkholder, it is hereby ORDERED AND DECREED, that Pamela A. Graybill n/k/a Pamela A. Graybill Burkholder, Co-Executrix of the Will of Marian L. Graybill,. is authorized to sell the real estate of the Decedent located at 90 Wagner Street, North Middleton Township, Cumberland County, Pennsylvania, to Pamela A. Graybill Burkholder, for the sum of One Hundred Twenty Thousand ($120,000.00) Dollars, and that Petitioner in her capacity as Co-Executrix of Decedent's Will, is authorized to make, acknowledge and deliver the Deed conveying the real estate aforesaid upon receipt of the purchase price recited in the Petition. ~~ N } ~ ~ ' M -~ t J M OO ~M ` ~ ~ aN~° ~ 3 U N~ _~ W p~ ` a ~ a oc, N t~ ~' r~ ~ ~ t ~ N %~ • ~ av~~ r r Y a -'~, o r t~ < Y ~ W s a r 0 NWam'~ 4' ° 4 w°~4 i ~ ~~ ~ o O i 'Z Z x 0 ~_ ~! K,.. ~ 7.^r r. a 0 M ~ ~r .-"~ '~ t.. ~, ; •~~'ryryn. ~~++yy MFG W W otS 0 ~ f" N Q ~ d! ti C ~ ~ Jpe-~ w~Xa"~' ~ ~ F-v,pa~ E ~' v ~ mm yr+ ~ '3 ai W i ~ >+r ~ U O ~ O O ~ a °' E ~ iii O `~ `~ ~ J ~ Q D ,. 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DEPT. 280601 INHERITANCE TAX RETURN FILE NUMBER HARRISBURG, PA 17128-0601 2 1- O 1 0 0 6 0 6 RESIDENT DECEDENT COUNTY CODE YEAR NUMBER DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER ~ GRAYBILL, MARIAN L. 424 - 58 - 1743 Z W DATE OF DEATH (MM-DD-YEAR) DATE OF BIRTH (MM-DD-YEAR) THIS RETURN MUST BE FILED IN DUPLICATE WITH THE W June 15, 2001 March 2, 1925 REGISTER OF WILLS E? W (IFAPPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER D F X^ 1.Original Retum ~ 2. Supplemental Return ~ 3. Remainder Return (date or deem prior to 12-t 9-82) a w i ~ ~ 4. Limited Estate ~ 4a. Future Interest Compromise (date or deem attar 12-t2-az) ~ 5. Federal Estate Tax Retum Required ~ a m 0 6. Decedent Died Testate {Anal, copy or wu) ~ 7. Decedent Maintained a Living Trust (Attach copy orrrust) _ 8. Total Number of Safe Deposit Boxes a a ~ 9. Litigation Proceeds Received ~ 10. Spousal Poverty Credit (date of death between tz•3t-st and t-t•ss) ~ 11. Election to tax under Sec. 9113(A) (Atlach sch o1 z w 0 z 0 a W o: o: 0 Z QO J F- a a W Z Q H a 0 V THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOUL NAME Ralph H. Wright, Jr. FIRM NAME ptAppBcaWe) TELEPHONE NUMBER (717) 761-4540 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) 3. Closely Held Corporation, Partnership or Sole-Proprietorship 4. Mortgages & Notes Receivable (Schedule D) 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) 6. Jointly Owned Properly (Schedule F) Separate Billing Requested 7. Inter-Vvos Transfers S Miscellaneous Non-Probate Property (Schedule G or L) 8. Total Gross Assets (total Lines 1-7) COMPLETE MAILING ADDRESS 301 Market St. & Weidn r P' O. Box 109 Lemoyne, PA 17043-0109 (1) 120 , 000.00 ~Ci ~~;+ , (3) (4) (5) 442,038.93 .7 ; l6) (7) BB OFFICIAL USE ONLY 7J O - ~ t •, w!._. ~. D ~: n J N ~::; ~~; . _... v> ,~ l,l1 ..r `-*~ (6) 562,038.93 9. Funeral Expenses & Administrative Costs (Schedule H) (9) 19 , 9 14.3 2 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (10) 4 5 7.81 11. Total Deductions (total Lines 9 & 10) (11) 2 0 , 3 7 2.13 12. Net Value of Estate (Line 8 minus Line 11) (12)~i 4 ],_, h F H _ R (1 13. Charitable and Governmental BequestslSec 9113 Trusts for which an election to tax has not been (13) - O - made (Schedule J) 14. Net Value Subject to Tax (Line 12 minus Line 13) x .0 _ (15) x.045 (16) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or Vansfers under Sec. 9116 (a)(1.2) 16. Amount of Line 14 taxable at lineal rate 17. Amount of Line 14 taxable at sibling rate 16. Amount of Line 14 taxable at collateral rate 541,666.80 x .12 (17) (1a) 541, 666.80 -0- 24,375.00 -0- x .15 (18) -0- 19. Tax Due (19) 2 4. 3 7 5. 0 0 > > BE SURE TO ANSWER ALL GlUES'fIONS ON REVERSE SIDE AND RECHECK MATH < < Decedent's Complete Address: STREET ADDRESS 90 Wagner Street CITY Carlisle STATE PA ZIP 17013 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit (1) 24 , 375.00 B. Prior Payments 2 0, 0 0 0. 0 0 C. Discount 1, 0 5 2. 6 3 Total Credits (A + B + C) (2) 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. Check box on Page 1 Line 20 to request a refund (4) 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) A. Enter the interest on the tax due. (5A) B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (5B) 21,052.63 3,332.37 3,322.37 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 :.......................................................................................... ^ 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? ................................................................................:....................................... ^ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. Under penalties of perjury, 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 mplete. Declaration of preparer other than the personal1representative is based on all information o~f~w~hi~ch preparer has any know) e. ! O ~ .S(~GNyATU~R~E OF~RS~~//~i~~~ FIL~/.~d'~~,®4~~1~C/ ~~~/' l / ~P Di~11L~ ~ /~"" D~ ADDRESS Pamela ~. Graybill Burkholder ~ i~lalerie J ~~avis , Co-ExeLutrices 90 Wagner St~~~Carlisle, PA 17013 110 Wagner Carlisle, PA 17013 SIGNATURE OF PR ~i^Y~.~ I~`. DATE ~/ /~~/a I ADDRESS -Ralph H. Wright, Jr. , Esq. 301 Market St., P. O. Box 109, Lemoyne, PA 17043-0109 ,~ 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 3% [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 0% [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 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 0% [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 4.5%, 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 12% [72 P.S. §9116(a)(1.3)]. Asibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. ~ RE'J-150icY • Jh57J ' .~ SCHEDULE A ~ COMMONWEP,LTH OF PENNSYLVP.NIA REAL ESTATE INHERITANCE TAX RETURN ESTATE OF rt~t luumtsttt GRAYBILL, MARIAN L. 21-01-00606 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 properly 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 survivorshi must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. Real Estate - Residence - No. 90 Wagner Street, North Middleton Township, Cumberland County, PA. (Deed Book 146, Page 62) Appraised Value (Copy of Appraisal attached). (If more space is needed, insert TOTAL (Also enter on line 1, Recapitulation) I $ tl sheets of the same size) 120,000.00 120,000.00 S. W. BARRETT REAL ESTATE 8 APPRAISAL SERVICES .~ e APPRAISAL OF LOCATED AT: 90 Wagner Street Carlisle, PA 17013 FOR: Johnson,Duftie,Stewart $ Weidner 3 & Market Sts. Lemoyne, PA 17043 BORROWER: Marian GRAYBILL, Estate AS OF: June 15, 2001 BY: Steven W. Barrett, SRPA, SRA Certified General Appraiser 12d-126 NORTH HANOVER STREET, CARLISLE, PA 17013 717-243-8646 AND FAX S. W. BARRETT REAL ESTATE & APPRAISAL SERVICES Flle No. 01-0565 06!29/2001 Ralph H. Wright, Jr., Esquire Johnson,Duffie,Stewart 8 Weidner 3 8 Market Sts. Lemoyne, PA 17043 File Number: 01-0565 In accordance with your request, I have personally inspected and appraised the real property at: 90 Wagner Street Carlisle, PA 17013 The purpose of this appraisal is to estimate 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 estimated market value of the property as of June 15, 2001 is: E120,000 One Hundred Twenty Thousand Dollars The attached report contains the description, analysis and supportive data for the conclusions, final estimate of value, descriptive photographs, limiting conditions and appropriate certifications. Respectfully submitted, Steven W. Barrett, SRPA, SRA Certified General Appraiser STREET. CARLISLE_ PA 17013 SUMMARY APPRAISAL REPORT D - e UNIFORM RESIDENTIAL APPRAISAL REPORT FIIeNo.01-0565 Pro art eacrr con P e Address 90 Wa ner Street Ci Carlisle state PA Cade 17013 L al Desai tron Deed Book 146, Pa a 62 Coun Cumberland Assessors Parcel No. 29-17-1585-069 Tax Year 00101 R.E. Taxes $ 1,711.00 S edal Assessments $ NiA Borrower Marian GRAYBILL, Estate Current Owner Same Occu ant: Owner Tenant X Vacant „ Pro hts a ised X fee Sim le Leasehold Pro'ed T e PUD Condominium HUDNA on HOA$ N/A 1Mo. Ne' hborhood ar Pro ed Name Schlusser Villa a Ma Reference 17-1585 Census Trad 0119.00 Sale Price $ N/A Date of Sale NIA Descri tion and $ amount of loan dr es/concessions to be aid seterNone LenderlClient Johnson,Duffie,Stewart 8< Weidner Address 3 & Market Sts., Lemoyne, PA 17043 raiser Steven W. Barrett, SRPA, SRA Address 126 North Hanover Street, Carlisle, PA 17013 Location Urban X Suburban Rural Built up Over 75% X 2575% ^ Under25% Growth rate Q Rapid Stable ^ Slow Predominant occupancy ^X Owner Single lamily housing PRICE UnE 75 Low New Present land use% Onefarrtily 70% p.q homily 1 % Land use change ^ Notlikay ^ Likely ^X In process ~ Dedining Property values X Increasing Stable ( Tenant 250 Hi h 100 Multi-fanny 2% To: Residential/ } ~ Demand/supply Shortage X hbalano3 LJ Oversuppy X Vacent(Qb%) "Predominant Commerdal 5% Commerelal Marketln time Under3mos. X 3-5 mos. Over6nas. vaaara«sx 100 25 Vacant 22% Note: Race and the racial composition of the neighborhood are not appraisal factors. Neighborhood boundaries and characteristics: Longs Gap Road on west; No. Middleton Road on north; Cranes Gap/S ring Roads on east, March Drive on south. ° Factors that affect the marketability of the properties in the neighborhoortproximity to employment and amenities, employment stability, appeal to market, etc.): There are no adverse factors to affect marketabili of subject. Diverse stable em to ment and all supportin amenities are ~~ within Bas driving distance. SMSA 3240 Market wnditions in Me subject neighborhood (including support for the above conclusions related to thteend of property values, demandlsupply, and marketing tlme - -such as data on competitive properties for salein the neighborhood, description of the prevalence of sales end financing concessions, etc.): Pro a sales records and MLS statistics show a stead moderate increase in ro art values over ast ear. Avera e marketin time of 80-100 da s in area shows a good balance of su pl and demand. Few sales and financin concessions are needed in neighborhood. _ Project Information for PUDs(If applicable) -- Is the developerlbuilder in control of thdlome Owners' Association (HOA)T YES NO Approximate total number of units in the subject project NIA Approximate total number of units for sale in the subject project N/A Desalbe common elements and recreational facilitles3'I/A Dimensbns 65 x 150 Irre ular Topography Basicall Level Site area 9750 Sq.Ft. Comer Lot Yas X No Size T ical for area Spedfic zoning classification and description Suburban Residential Shape Irre ular Zoning compliance ^X Legal ^ Legal rwrxxx>Tarrttng (Grandhathered use) Illegal No zoning Drainage Appears ode uate H' hest & best use as I roved: X Present use Other use a lain View Residential Utilities Public Other OH•slte Improvements Type Public Private Electridty X 200 amp Street Asphalt X ^ Gas ~ Curb/gutter Concrete [~X Water X Sidewalk Concrete Q Landscaping Average Driveway Surface Concrete Apparent easements None Ap arent FEMA Spedal Flood Hazard Area Yes X No Sanitary sewer X Street lights None FEMA Zone C Map Date4H 5177 Storm sewer PJIe None FEMAMa No. 420367A Comments (apparent adverse easements, encroachments, spedal assessmentsslide areas, illegal or legal n onconforming zoning, use, etc.): There are no a arent adverse easements, encroachments or other adverse conditions. GENERAL DESCRIPTION No. of Units 1 No. ofStaries 2 EXTERIOR DESCRIPTION Foundation Conc. Block Exterior Walls Vin I FOUNDATION Slab None OavASpace None BASEMENT Area Sq.Ft. 1684 %Fnished 0% INSULATION Roof ^ Ceiling X Type(Det.lAtt.) Detached Design (Style) 1 Sto E:dstinglProposed Existing Roof Surface Shingle Gutters 8 Dwnspts. Aluminum WlndowType DoubleHun Basement Full Sump pumpYes Dampness None Obs. Ceiling Open Joist Walls Conc. Bloc Floor Concrete Walls X Floor ^X None ^ Age (Yrs.) 5 Years StonNSaeens Thermal Settlement None Obs. Outside Entry No ual°•wn ^ EBerbve A e rs. 2-5 Manufactured House No Infestatlon None Obs. • ROOMS Fo er Llvin Dinin Kitchen Den Fami Rm. Rec. Rm. Bedrooms # Baths Laun Other Area S .Ft. Basement Levell 1 1 1 1 3 2 1,684 • Levell • Finished area above rode contains: 6 Rooms 3 Bedroo s ~ 2 Bath s ~ 1,684 S u are Feet of Gross Livin Area INTERIOR MaiedalslCondition Floors CarpetNln 1 Walls D all HEATING Type HtPump Fuel Electric KITCHEN EQUIP. Retrigerator ^ gelOven O Ra n ATTIC None ^ Sta ^ AMENITIES Fkeplace(s)# ^ Pata X CAR STORAGE: None ^ Garage #ofprs TdmlFlnish Wood ConditionGood s po Di sal X P Dro Star ^ Deck Attached 2 Bath Floor VIn I Bath Wainscot D all Doors Hollow Core COOLING Central Yes Other NlA Dishwasher Q FanMood O Microwave o Bettie ^X Floor o Heated ^ Poch Fence Pool ^ Detached Built-In Carport Good condition ConditlonGood Washer/ er Finished Drivewa 3/Coot Additional featuras(spedal energy efficient Items, etc.): Patio Condition of the improvements, dapraciatior(physical, functional, and external), repairs needed, quality of construction remodeling/additions, etc.: Im rove ments are in ood condition with no h sical or functional inade uacies a arent. • Adverse environmental conditions (such as, bufiot limited to, hazardous wastes, toxic substances, etc.) present In the improvement~on the site, or In the immediate vicinity of the subject property:No adverse environmental conditions area arenUdtsclosed. Fraae. Mac F•m ro sea PAGE 1 OF 2 Farvda Naa Farm 1004 e-sa iax r•a, ... Pmaawa an w as oar°aaa•+ nRiar°•. M.• reooraararn SUMMARY APPRAISAL REPORT I IIVIFnRM RFRIf]F_NTIAt_ APPRAISAL REPORT FnaN., o1-0sss aramauuu a ESTIMATED SITEVALU~ . . . . . ..................... _ § 22,000 ESTIMATED REPRODUCTION COST-NEW OF IMPROVEMENTS: Dwelling 1,684 Sq. Ft. ~ § 50.00 = $ 84,200 Bsmt. 1684 Sq. Ft. ~ § 10.70 = 16,019 Comments on Cost Approach (such as, sourceof cost estimate, site value, square foot calculatlonand for HUD, VA and FmHA, the estimated remaining economic life of the property): Cost new from Marshall Swift Valuation Service Patio = 1,000 Handbook and local cost anal sis. Land value from GaragetCarport 460 Sq. FL ~ § 15.00 = 6,900 Market Data Com arison. De reciation based on a e life _ § 110,119 Total Estimated Cost New observed condition and Market Data Anal sis. Less Physical . ...... Functional . . . ...... External Est. Remaining Econ. Life: 48 Estimated Remaining Economic Life is 50-55 Years. 000 Depredation §5 = § 5,000 , _ § 105,119 . Depredated Value of Improvements . . . . . ... . ....... .. . _ § 2,000 'As-is" Value of Site Improvements . . .. . . . . INDICATED VALUE BY COST APPROAC .......... H• • • • - • • • ~ ~ • _ § 129,100 ITEM SUBJECT COMPARABLE N0.1 COMPARABLE N0.2 COMPARABLE N0.3 90 Wagner Street Address Carlisle 21 Ridgeway Drive, Carlisle, PA 8 Tunbridge Lane Carlisle, PA 249 G Street, Carlisle, PA Propmi to Sub'ect 3.75 Miles 3.75 Miles 1.5 Miles Sales Price $ NIA $ 114,900 § 117,500 = 107,900 Prioel(?oss LW. Area Data andkr Verification Sources $ 0.00 ~ Inspection Courthouse Rec § 82.66 0 ~ MLS/Courthouse Records § 96.95 Its MLS1Courthouse Records S 77.07 ~ ' "' MLS/Courthouse Records VALUEADAISfhENTS DESCRIPTION DESCRIPTION +-swN~•+ DESCRIPTION +(•)s DESCRIPTION +(-)s Sales or Finandng Concessions None, Conv DOM 43 None, Conv DOM 73 None, Conv DOM 105 Date of Sale(rme N/A 11!75/2000 3128@001 10/27/2000 Location Average Average Average Avera e LeasehddiFees' Fee Simple Fee Sim le Fee Sim le Fee Sim le Site LoUAvera a LoUAverage LoUAvera a LoUAverage yew Residential Residential Residential Residential Des nand eel 1 Sto /Avg 1 Sto /Av 1 Sto !Avg 1 Sto /Av Ou ofCarehrctar, Av /BrickNin AvgNtn I Avg/BrickNin Av /BrickNin A e Condition Above Grade 5 Years Good Trial ' Berns ' aatln 7 Years Good Trial ' Btrma ' Balls 8 Years Good ToW ' Brims ' eana New Good " -2,000 Tahl ' Brims ' Batlro • Room Count 6. 3. 2.00 5. 2. 2.00' S. 3. 2.00' 5~ 2. 3.D0' -2,000 - Gross Livin Area 1,684 S .Ft. 1,390 S .Ft. ~ +2,900 1,212 S .Ft. ~ +4,700 1,400 S .Ft. ~ +2,800 Basement&Fsushed Rooms Below Grade Full BsmU Unfinished None +4,000 Unfinished None +4,000 Unfinished Crawl Space +3,000 Unfinished - Functonal Utlli Avera a Average Avera a Avera e Heafin JCocli HtPm 1CA FHA/CA FHAlCA FHAICA Elfidenttterrs G e1Ca T pica) 2 Att. Gara e T pica) 1 Car Gara a +1,000 T pica/ 1 Car Garage +1,OD0 T ical None +2,000 - Porch, Patio, Deck, Fke la s ,etc. Patio Patio/Porch -1,000 Patio Porch Fence, Pool, etc. None Fente -1,000 Fence -1,000 None Net Ad'. total X + ' § 5,900 X + ' § 8,700 X + ' § 3,800 Adjusted Sales Price Gross: 8.6%a Gross: 9.1% ,Gross: 10.9%. of Co arable Net: 5.1% § 120,600 Nat: 7.4°6 , $ 126,200 :Net: 3.5%~ § 111,700 Comments on Sales Comparison (including the subject property's compatibility to the neighbonc~od, etc. ): Sub-act is Compatible with neighborhood properties. Sales Com arison Anal sis shows a ran a of 5111,700 to 5126,200. 'A a and condition ad ustments combined under condition for Comparable sale No.3. ITEM SUBJECT COMPARABLE N0.1 COMPARABLE N0.2 COMPARABLE N0.3 Date, Price and Data 09/17/96 Sourcebrpriorsales 51.00 None None None within arofa Courthouse Rec Courthouse Records Courthouse Records Courthouse Records Analysis of any current agreement of sale, option, ar listing of the subject property and analysis of any prior sales of subjed and oomparebles wilNn one year of the date of apprelsal: No riot sales within one ear were found. INDICATED VALUE BY SALES COMPARISON APPROACH . . . . . . . ... . . . . . . ..................................... § 120,000 INDICATED VALUE BY INCOME APPROA g ble Estimated Madret Rent $ NIA Mb. x Gross Rent Mu 'ter N/A = § NIA This appraisal is made X 'as is" sut>jed to the repels, aRerefions, Inspedwns or conditlans listed bebw subject to completion per plans and speatratlons. ConditlonsofAppreisal: The grope has been a praised in current condition. This a raise/ is for client onl ,nontransferable. See attached addendum. ins action date was 06/28/2001; As Of Date 0 611 5/2 001 Final Recondliadon:Costend Market Anal sis consistent/ sup ort m estimated market value. GRM anal sis was found ina pro riate for this anal sis. Greatest wet ht is ap lied to the Market Data Anal sis. Su porting file Information substantiates these estimates. The purpose of this appraisal is to estimate the market value of the real property that is the subjecl of this report, based on the above conditlons and the certification, contingent and Iimiting conditions, and market value definitlodhat are stated hr the attadied Freddie Mac Falm 4391Fannie Mae Fann 111048 (Revbed 6193 } I (WE) ESTIMATE THE MARKET VALUE, AS DEFINED, OF THE REAL PROPERTYTHAT ISTHE SUBJECDFTHIS RFPORT,ASOF 06/15/2001 ~ (WHICH IS THE DA F INSPECT E EFFECTNE DATE OF THIS REPORT) TO BE § 120,000 APPRAISE L-i, SUPERVISORY APPRAISER (ONLY IF REQUIRED): Signature '7 J Signature ^Did ^Did Not Name Steven W. Barrett, SRPA, SRA Name Inspect Property Date Report Signed 0 612 9/2 0 0 1 Date Re ort S' ned State Certification # GA-000298-L State PA State Certificaton # State Or Stale License # RB-026921-A State PA Or State License # State FMd"a Mscrmn 70 693 Veririrea ~aenerar ripNa aranr F'AGtZUhZ ra'a"a "1i°rA1""a^ °" Tla k,n,aua Por,aer m M IGI Ua+Wpw RapNFama q~1aw(raaWad/17 STEVEN W. BARRETT REAL ESTATE ' FLOORPLAN --_ . -- ,oe_,~a unR7H HANOVER STREET, CARLISLE, PA 1 Sl1RJFCT Pi217h~~'~z"f"Y Fi,;O F'l'u I;DdENDUM Borrowefi• Marian GRAYBILL, Est File No.: 01-0565 'Property Address' 90 Wagner Street Case No.: City' Carlisle State PA Zip: 17013 Lender: Johnson Duffle Stewart 8 Weidner FRONT VIEW OF SUBJECT PROPERTY Appraised Data: June 15, 2001 Appraised Value: $ REAR VIEW OF SUBJECTPROPERTY STREET SCENE ~:~:~, SUBJECT PROPERTY PHOTO ADDENDUM 8ortower: Marian GRAYBILL, Est File No.; 01-0565 Property Address: 9o Wagner Street Case No.: City: Carlisle State: PA Zip: 17013 Lender: Johnson,0utfie Stewart & Weidner ~~~ l i • ~ h } ,. ._ Y f ~Y ,rbY y FRONT VIEW OF SUBJECT PROPERTY Appraised Date: June 15, 2001 Appraised Value: ~ REAR VIEW OF SUBJECT PROPERTY STREET SCENE CUMYAI<AtiLF.i F'FtOFEFtT'Y F;•(UT~: ADDENDUM Borrower: Marian GRAYBILL, Est. File Na • 01-0565 Property Address:90 Wagner Street Case No City: Carlisle State• PA Zip• 17013 Lender: Johnson Duffie Stewart 8~ Weidner COMPARABLE SALE #1 21 Ridgeway Drive, Carlisle, PA Sale Date: 11/15/2000 Sale Price: $114,900 COMPARABLE SALE #2 8 Tunbridge Lane Carlisle, PA Sale Date: 3/28/2001 Sale Price: $ 117,500 COMPARABLE SALE #3 249 G Street, Carlisle, PA Sale Date: 10/27@000 Sale Price: $ 107,900 COMPARABLE PKUFERTY PHOTO ADDENDUM Borrower: Marian GRAYBILL, Est File No' 01-0585 Propefir Address:90 Wagner Street Case No City: Carlisle State: PA Zip' 17013 Lender: Johnson Duffle Stewart 8 Weidner COMPARABLE SALE #1 21 Ridgeway Drive, Carlisle, PA Sale Date: 11H5/2000 Sale Price: $ 114,900 COMPARABLE SALE #2 S Tunbridge Lane Cartlsle, PA Sale Date: 3!28/2007 Sale Price: $ 117,500 COMPARABLE SALE #3 249 G Street, Carlisle, PA Sale Date: 10/2712000 Sale Price: $ 107,900 FonESr PANK ~ Comp 1 rN F~ u° ~~ ~ ~~~. ./~. CARLISLE AIRPORT - ' FOROE ROAD AGREB 4 SOUTN ~9 ~ MIDDLETON YILLAAP ~E ~ TWP ,~ a' ~ ,i~~ a w `~ we'~ 1 o ur 34 „ 4 r~"::~ a BOBBIE GOODYEAR Residential Mortgage Representative L1T~ARRT~ Living „_.~- - - - ' `'~= ~'I °'~ :. n~° rvo. v ~ vwa ********* QUALIFICATIONS ********* The following checked items are SPECIFIC SPECIAL CONDITIONS that were identified by this appraiser during the inspection of the subject property, the comparebles sales, and their neighborhoods and locations. Unless othenNlse 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. _x_3. Vacant and undeveloped land uses are located within the subject's neighborhood. These uses are typical for the area. x_4. The predominant value in the neighborhood is less than that of the market value of the subject property. This is due to the very wide range of value of properties in the area and superior quality of the subject property. _5. The subject property is located fn 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. _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 warcanties are implied In this statement. _9. Repair items were noted in the comments section of the report. These comments on repair items are for descriptive purposes only and are not required repairs. The items listed are cosmetic in nature. _10. The basement floor is a dirt floor. This condition Is common and typical for the area. and does not pose a health or safety hazard. _11. The subject property does contain functional obsolescence as noted In the report. This condition is considered typical and common for the area and this style dwelling. _12. The land value exceeds 30Y° 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 dua 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 comparebles on that individual rating. All comparables used are the best available. _15. Total adjustments exceed 25Y°. This is due to the lack of comparable sales that were more similar in the subject's market area. All comparables used are the best available. _x_16. One or more comparable sales are older than six(8) months. Although there are comparable properties in the subject's area, none have sold recently; therefore, sales in excess of six(8) months have to be used. All comparables used are the best available. _x_17. One or more comparables used were in excess of one (1) mile from the subject property. Although there are comparable properties in the immediate area, none have sold recently. Therefore, it was necessary to use comparable sales outside of the immediate area. All comparables used are located In similar neighborhoods and within the same marketing area. All comparables used are the best available. _18. The electrical system was not connected during inspection. _19. The water service was not connected during Inspection. _20. The heating system was shut down during inspection. _21. Roofing_Plumbing_Electrical_Heating_certification(s) is/are suggested. _22. Inground swimming pool-, out buildings are included ,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. ********* QUALIFICATIONS ********* _24. The subject property is located on a private road. _25. Wood infestation Inspection is suggested. x 26. Last recorded dead transfer: Date 09/17/96 ,Consideration: E_1.00 _27. Proposed constructionlrenovation in accordance to plans and specifications to be completed in a workman-like manner. _28. Seller is paying part or all of closing costs. _x_29. Ali comparable sales are verified closed sales. _x_30. There are no special conditions or other requirements that would affect market value or future marketability in the Appraisal Report. CHECKED ITEMS ARE SPECIFIC SPECIAL CONDITIONS THAT WERE IDENTIFIED BY THIS APPRAISER DURING INSPECTION. Fle No. 01-0565 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 finandng 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 responable ownership. 2. The appraiser has provided a sketch in the appraisal report to show approximate dimensions of the improvements and the sketch is induded 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'rf 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 responslble 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. 6. 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 ar her prior written consent before the lenderfclient 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 professionai 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 lenderlclient may distribute the property description section of the report only to dafa collection or reporting service(s) without having to obtain the appraiser's prior written consent. Tha 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 4396-93 Page 1 of 2 Fannie Mae Form 10048 6-93 File No. 01.0565 APPRAISERS CERTIFICATION: The AppraisercertfiesandagreesthaY. 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, 1 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 professlonal analysis, opinions, and conclusions, which are subject onty to the contingent and limiting conditions speCfied 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 ar bias with respect to the participants in the transaction. I did not base, either partially or completely, my analysis and/or the estimate of market value in the appraisal report on the race, color, religion, sex, handicap, familial status, or national origin of either the prospective owners or occupants of the subject property or of the present owners or occupants of the properties in the vicinity of the subject property. 5. I have no present or contemplated future interest in the subject property, and neither my current or future employment nor my compensation for performing this appraisal is contingent on the appraised value of the property. 6. I was not required to report a predetermined value or direction in value that favors the cause of the client or any related party, the amount of the value estimate, the attainment of a specific result, or the occurrence of a subsequent event in order to receive my compensation and/or employment for performing the appraisal. I did not base the appraisal report on a requested minimum valuation, a specific valuation, or the need to approve a specific mortgage loan. 7. I performed this appraisal in conformity with the Uniform Standards of Professional Appraisai 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 reconaliation section. B. 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 ar known adverse conditions in the subject improvements, on the subject site, or on any site witkin 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 pertorm the tasks. I have not authorized anyone to make a change to any item in the report; therefore, if an unauthor¢ed change is made to the appraisal report, I will take no responsibility for ft. 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: 90 Wagner Street, Carlisle, PA 17013 APPRAISER: SUPERVISORY APPRAISER (only if required) _-~./~ ~ Signature: ~, Name: Steven W. Barrett, SRPA, SRA Date Signed: 06/29/2001 State Certification #: GA-000298-L or State License #: RB-026921-A Signature: State: PA State: Expiration Date of Certification or License: June 30, 2003 Expiation Date of Certification or License: ^ Did ^ Did Not Inspect Property Name: Date Signed: _ State Certification #: or State License #. Certified General Appraiser Freddie Mac Form 439 6-93 Page 2 of 2 Fannie Mae Form 100486-93 REW7506IXa1~-B7) _ SCHEDULE E ~,.1 BANK DEPOSITS & MISC CASH COMMONWEALTH OFPENNSYIVANiA . , INHERITANCE TAX RETURN PERSONAL PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER GRAYBILL, MARIAN L. 21-01-00606 Indude the proceeds of I'itigation and the date the proceeds were receNed by the estate. All propertyjointly-owned with the fight of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH ~• Household Goods - appraised value 4,555.00 2. Cash in decedent's possession 240.00 3. 1984 Chevrolet Caprice Classic Sedan - date of death value 400.00 4. Ladies 14K yellow gold diamond engagement ring with a 6.2mm round, brilliant cut diamond - appraised value 2,650.00 5. Ladies 14K white gold tY>ree stone ring with a center diamond 3.5mm - appraised value 750.00 6. Ladies 14K white gold engagement ring with a 5mm round old mine cut diamond - appraised value 900.00 7. Allfirst Bank - Money Fund Account No. 00982-3043-3 Date of death balance, plus accrued interest 16,657.45 8. Waypoint Bank - Certificate of Deposit No. 1900012647 Date of death balance, plus accrued interest 43,937.93 9. Waypoint Bank - Certificate of Deposit No. 8000041709 Date of death balance, plus accrued interest 20,044.80 10. Drovers Bank - Certificate of Deposit No. 123050 Date of death balance, plus accrued interest 65,130.62. 11. M&T Bank - Checking Account No. 838934 Date of death balance 4,761.77 12. M&T Bank - Market Index Account No. 15004198150862 Date of death balance 17,239.32 13. Members 1st Federal Credit Union - Savings Account No. 14823-00 - balance plus interest 264.18. 14. Members 1st Federal Credit Union - Life Savings Account No. 14823-04 - balance plus interest 4,009.40 15. Members 1st Federal Credit Union - Certificate of Deposit No. 14823-40 - balance plus interest 10,048.79 16. Members 1st Federal Credit Union - Certificate of Deposit No. 14823-41 10,048.79 17. Members 1st Federal Credit Union - Certificate of Deposit No. 14823-42 10,048.79 18. Internal Revenue Service - tax rebate 300.00 19. Mortgage - Kenneth E. Davis & Valerie J. Davis, Mortgagors - David R. Graybill (deceased) & Marian L. Graybill, Mortgagees (Book 1379, Page 556) - date of death balance. 113,843.10 20. Mortgage - Pamela A. Burkholder, Mortgagor - David R. Graybill (deceased) and Marian L. Graybill, Mortgagees (Book 1379, Page 566) - date of death balance. 96,208.99 Sub-total from additional sheet 20,000.00 TOTAL (Also enter on line 5, Recapitulation) S 4 4 2, 0 3 8 .9 3 (If more space is needed, insert additional sheets of the same size) SCHEDULE E -CONTINUED Estate of: GRAYBILL, MARIAN L. 21-01-00606 21. Mortgage -Kenneth E. Davis and Valerie J. Davis, Mortgagors - David R. Graybill (deceased) and Marian L. Graybill, Mortgagees (Book 916, Page 647) -date of death balance 20.000.00 Sub-total $20.000.00 REV=1511 EX+ (12-99) r. ,~:~~, SCHEDUi.E H .~;~ COMMONWEALTH OF PENNSYLVANIA FUNERAL EXPENSES & INHERITANCE TAX RETURN ADMINISTRATIVE COSTS RESIDENT DECEDENT ESTATE OF FILE NUMBER GRAYBILL, MARIAN L. 21-O1-00606 Debts of decedent must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. Myers Ftianeral Hone, Inc. 7,573.00 2 R. J. Romberger Memorials -Marker 1,775.00 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 - Johnson, Duffie, Stewart & Weidner 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Pamela A. Graybill Burkholder street Address 90 Wagner Street City Carlisle State PA zp 17013 Relationship of Claimant to Decedent Daughter 4. ~ Probate Fees -Register of Wills -Cumberland County 5. I Accountant's Fees 6. ~ Tax Return Preparer's Fees ~, Cumberland Law Journal -advertise letters 8 The Sentinel -advertise letters 9 Chuck Bricker -household goods appraisal 10 S. W. Barrett -real estate appraisal 11 Allstate -homeowner's insurance 12 Recorder of Deeds -transfer tax -sale of 90 Wagner St. from Estate to Pamela A. G. Burkholder, daughter & beneficiary 13 Register of Wills -file Inv. & Inh. Tax Return Sub-total from additional sheet 3,750.00 3,500.00 412.00 75.00 100.31 75.00 250.00 48.00 800.00 25.00 1,531.01 Tf)TdL !Alen antar nn ling 9 Raraniti ilatinnl I S 19 , 9 14.3 2 (If more space is needed, insert additional sheets of the same size) SCHEDULE H -CONTINUED Estate of GRAYBILL, MARIAN L. 21-01-00606 14. Robin K. Sollenberger, Tax Collector -school district real estate taxes - 90 Wagner Street 15. Recorder of Deeds -record Deed and Mortgage satisfaction pieces 16. Allfirst Bank -charge for Estate checks 17. Reserve for close-out costs 1,251.70 68.50 60.81 150.00 Sub-total $ 1.531.01 pEV.15l2 EX •(i•9~ COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULEI DEBTS OF DECEDENT, MORTGAGE LIABILITIES & LIENS FILE NUMBER GRAYBILL, MARIAN L. 21-01-00606 Include unre imbursed medical expenses. ITEM ' NUMBER DESCRIPTION AMOUNT 1' Capital City Dental - decedent's account balance 41.00 2. PP&L - decedent's account 109.33 3. Carlisle Suburban Auth. - water/sewer - decedent's account 87.65 4. Sprint - final charges - decedent's account 21.11 5. AT&T - final charges - decedent's account 5.93 6. York Waste Disposal - garbage - decedent's account 27.45 7. MCI - final charges - decedent's account 30.02 8. Carlisle Regional Medical Center - decedent's .account balance 64.00 9. Carlisle A.L.S. - decedent's account balance I 71.32 TOTAL (Also enter on line 10, Recapitulation} ` S 4 5 7.81 more space is needed, insert additional sheets of the same size) • REV-i513 Of • 1t-97) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN SCHEDULE J BENEFICIARIES ESTATE OF FILE NUMBER GRAYBILL, MARIAN L.~ 21-01-00606 RELATIONSHIP 70 DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE I. TAXABLE DISTRIBUTIONS (indude outright spousal distributions) 1. Pamela A. Graybill Burkholder Daughter- One-third tangible 90 Wagner Street ~ ~ personalty; one- Carlisle, PA 17013 third residue 2 . Valerie J . Davis Daughter One-third tangible 110 Wagner Street personalty; one- Carlisle, PA 17013. third residue 3. Joan M. Lucas ~ Daughter One-third tangible 1070 Henry's Hill personalty; one- Greensboro, GA 30642 third residue ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINE S 15 THROUGH 17, AS APPROPRIAT E, ON REV 1500 COVER SHEET II. NON TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS L TOTAL OF PART II -ENTER TOTAL NON TAXABLE DISTRIBUTIONS ON LINE 13 OF REV 1500 COVER SHEET S pt more space Is neeaea, Insert adaluonal sheets of the same size) COMMONWEALTH ~ PENNSYLVANIA 'l f ~: COUNTY OF CUMBERLAND Pamela A. Graybill n/k/a Pamela A. Graybill Burkholder & Valerie J. Davis being duly sworn according to law, deposes and says that th~Co-Executrices of the Estate of Marian L. Graybill Late of North Middleton Township ~ ,Cumberland County, Pa., deceased and that the ame a ay i n a Pamela A. Graybill within is an inventory made by r hold _r. nd ya1Pr;P T. v;~~ ,the said. Co =Executrices of the entire estate of said decedent, consisting of all the personal proparty and real estate, except real estate outside the Commonwealth of Pennsylvania, and that the figures opposite each item of the Inventory re resent it'~ a~ val~ue_ as of the date of decedent's death . J G2~~~1~-- ~ ~/~~ ~ ~~ • Sworn to and subscribed before me, / Q ~~?~~" ~~~~ 2001 E a~u+or . d ~nisfrator ~~,,,~ ~, l ~ P eta y~ill n~c`~a. Pamela A. Graybill Burkholder Valeri J. Davis, Co-Executrices NOTARIAL S 9 W ~ i e P DIANNE LENIG, Notary Public Lemoyne Borough Cumberland Co. Address My Commission Expires Dec. 21, 2001 Date of Death 2001 Day Mon+h Ys~r lNSTRUCT(ONS !. An inventory must be filed within three months after appointment of personal representative. 2. A supplement inventory must be filed within thirty days of discovery of additiona•I~~ssets. 3. Additional sheets may be• attached as to personalty or realty ~ ~'• o • ~ ~ 4. See Article lY, Fiduciaries Act of 1949. ~ `' ~'"~' ~' _a o ~~" ' ~~ ~ ; • _ N ~.. _., '~',.+ I J J 0 O 0 0 0 N 0 Z [ZL! Z Q d }.. W ~ W ~ ~ J LJ_ u, ~ Q O C Z ~ CJ ~ "' Z ~~u Q a 15th W .~ W 3 O , H ~ m a o M a H +~ ~ V GQ r-~ d ~ ~ ~ C7 ~" d a ~ ~I ~ 'o ~ H Z U = ~' a a ~ ( o °' ~ m I . ~ ~ U it= June 0 M d' O r` .--I a ~ ai l h .~! .[ m a C •~. `o ~ Qo .~ x p .Q• 0~ ~ ~ it a a~ O o+ Q a 0 0 m inventory of the real and persona! estate of MARIAN L. GRAYBILL deceased 1. Real Estate - No. 90 Wagner Street, North Middleton Township, Cumberland County, PA (Deed Book 146, Page 62) Appraised Value 120,000 00 2. Household Goods - appraised value 4,555 00 3. 1964 Chevrolet Caprice Classic Sedan - date of death value 400 00 4. Jewelry: Ladies 14K yellow gold diamond engagement ring with a 6.2mm round, brilliant cut diamond - Appraised value 2,650 00 Ladies 14K white gold three stone ring with a center diamond 3.5mm Appraised value ~ 750 00 Ladies 14K white gold engagement ring with a 5mn round old mine cut diamond - Appraised value 900 00 5. Cash in decedent's possession 240 00 6. Allfirst Bank - Money fund Account No. 00982-3043-3 - date of death balance 16,657 45 7. Waypoint Bank - Certificate of Deposit No. 1900012647 Date of death balance I 43,937 93 8. Waypoint Bank - Certificate of Deposit No. 8000041709 Date of death balance , 20,044 80 9. M&T Bank - Checking Account No. 838934 - date of death balance 4,761 77 10. M&T Bank - Market Index Account No. 15004198150862 17,239 32 Date of death balance 11. Drovers Bank - Certificate of Deposit No. 123050 - date of death balance 65,130 62 12. Members 1st Federal Credit Union: 264 18 Savings Account No. 14823-00 4,009 40 .Life Savings Account No. 14823-04 10,048 79 Certificate of Deposit No. 14823-40 10,048 79 Certificate of Deposit No. 14823-41 048 10 79• Certificate of Deposit No. 14823-42 , 13. Internal Revenue Service - tax rebate 300 00 • 14. Mortgage - Kenneth E. Davis and Valerie J. Davis, Mortgagor - • David R. Graybill and Marian L. Graybill, Mortgagee 843 113 10 (Book 1379, Page 556) - date of death balance , 15. Mortgage - Pamela A. Burkholder, Mortgagor - David R. Graybill and Marian L. Graybill, Mortgagee 208 96 99 • (Book 1379, Page 566) - date of death balance , 16. Mortgage - Kenneth E. Davis and Valerie J. Davis, Mortgagor - • David R. Graybill and Marian L. Graybill, Mortgagee (Book 916, Page 647) -date of death balance 20,000 00 17. Prudential - Policy No. 08 908 580 - 1,002 63 18. Peoples Benefit Life Insurance Co. - Certificate No. OlOZZ01954 3,500 00 ~p,Z, ~~566, 541 ~ 56 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG, PA 17128-0601 RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT REV-1162 EX(11-96) NO. CD 000635 WRIGHT RALPH H JR ESQ 301 MARKET STREET P O BOX 109 LEMOYNE, PA 17043 ACN ASSESSMENT AMOUNT CONTROL NUMBER fold ESTATE INFORMATION: ssrv: 424-5s-1743 FILE NUMBER: 21-2001- 0606 DECEDENT NAME: GRAYBILL MARIAN L DATE OF PAYMENT: 1 2/ 1 2/2001 POSTMARK DATE: 1 2/1 1 /2001 COUNTY: CUMBERLAND DATE OF DEATH: 06/ 1 5/2001 101 ~ 53,322.37 TOTAL AMOUNT PAID: REMARKS: PAMELA A BURKHOLDER ETAL C/O RALPH H WRIGHT JR SEAL CHECK# 1014 INITIALS: DO RECEIVED BY: MARY C. LEWIS 53,322.37 REGISTER OF WILLS REGISTER OF WILLS BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION DEPT. 2806D1 HARRISBURG, PA 17128-0601 RALPH H WRIGHT JOHNSON ETAL PO BOX 109 LEMOYNE COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ~~:,~ ' 'd2 FEB -1 PA 17043 ~tlt7i~7~: '_~ REV-1547 E% ~FP (12-001 `<-- If~-TE 01-29-2002 ~'• :±~1:fSTATE OF GRAYBILL MARIAN L DATE OF DEATH 06-15-2001 FILE NUMBER 21 01-0606 P1 O~~NTY CUMBERLAND ACN 101 Anount Remitted - ~'='s MAKE CHECK PAYABLE AND REMIT PAYMENT T0: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 CUT ALONG THIS LINE - RETAIN LOWER PORTION FOR YOUR RECORDS ~ ---------------------------------------------------------------------------------------------------------------- REV-1547 EX AFP (12-00) NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF GRAYBILL MARIAN L FILE N0. 21 01-0106 ACN 101 DATE 01-29-2002 TAX RETURN WAS: (Xl ACCEPTED AS FILED ( ) CHANGED RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate (Schedule A) (1) 120,000.00 NOTE: To insure proper 2. Stocks and Bonds (Schedule B) (2) .00 credit to your account, 3. Closely Held Stock/Partnership Interest (Schedule C) (3) .00 submit the upper portion 4. Mortgages/Notes Receivable (Schedule D) (4) .00 of this form with your 5. Cash/Bank Deposits/Misc. Personal Property (Schedule E) (5) 442,038.93 tax payment. 6. Jointly Owned Property (Schedule F) (6) .00 7. Transfers (Schedule G) (7) .00 8. Total Assets (g) 562, 038.93 APPROVED DEDUCTIONS AND EXEMPTIONS: 19,914.32 9. Funeral Expenses/Adm. Costs/Misc. Expenses (Schedule H) (9) 10. Debts/Mortgage Liabilities/Liens (Schedule I) (10) 457.81 11. Total Deductions (11) 20 .372 _ 13 12. Nat Value of Tax Return (12) 541,666.80 13. Charitable/Governmental Bequests; Non-elected 9113 Trus ts [Schedule J) [13) .00 14. Net Value of Estate Subject to Tax (14) 541 , 666.80 NOTE: if an assessment was issued previously, lines 14, 15 andior 16, 17, 18 and 19 will reflect figures that include the total of ALL returns assessed to date. ASSESSMENT OF TAX: 15. Anount of Line 14 at Spousal rate (15) •0 0 X 00 _ .00 16. Anount of Line 14 taxable at Lineal/Class A rate (16) 541,666.80 X 045. 24,375.00 17. Amount of Line 14 at Sibling rate (17) .0 0 X 12 .00 18. Amount of Line 14 taxable at Collateral/Class B rate (18) •0 0 X 15 - .00 19. Principal Tax Due (lq)= 24,375.00 TAY f`DCTiTTC. P YM NT DATE C PT NUMBER SCOUNT (+) INTEREST/PEN PAID (-) AMOUNT PAID 08-27-2001 CD000207 1,052.63 20,000.00 12-11-2001 CD000635 .00 3,322.37 TOTAL TAX CREDIT 24,375.00 BALANCE OF TAX DUE .00 INTEREST AND PEN. .00 TOTAL DUE .00 * IF PAID AFTER DATE INDICATED, SEE REVERSE ( IF TOTAL DUE IS LESS THAN Sl, NO PAYMENT IS RERUIRED. FOR CALCULATION OF ADDITIONAL INTEREST. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU NAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.) RESERVATION: Estates of decedents dying an or before Decewber 12, 1982 -- if any future interest in the estate is transferred in possession or enjoywent to Class B (collateral) beneficiaries of the decedent after the expiration of any estate for life or for years, the Cowwanwealth hereby expressly reserves the right to appraise and assess transfer Inheritance Taxes at the lawful Class B (collateral] rate on any such future interest. PURPOSE DF NOTICE: To fulfill the requirewents of Section 2140 of the Inheritance and Estate Tax Act, Act 23 of 20D0. C72 P.S. Section 9140). PAYMENT: Detach the top portion of this Notice and subwit with your paywent to the Register of Wills printed on the reverse side. --Make check or woney order payable to: REGISTER OF BILLS, AGENT REFUND CCR): A refund of a tax credit, which was not requested an the Tax Return, way be requested by cowpleting an ^Application for Refund of Pennsylvania Inheritance and Estate Tax^ (REV-1313). Applications era available at the Office of the Register of Wills, any of the 23 Revenue District Offices, or by calling the special 24-hour answering service for forws ordering: 1-800-362-2050; services for taxpayers with special hearing and / or speaking needs: 1-800-447-3020 (TT only). OBJECTIONS: Any party in interest not satisfied with the appraisewent, allowance, or disallowance of deductions, or assesswent of tax (including discount or interest) as shown on this Notice must object within sixty (607 days of receipt of this Notice by: --written protest to the PA Department of Revenue, Bcard of Appeals, Dept. 281021, Harrisburg, PA 17128-1021, OR --election to have the wetter deterwined at audit of the account of the personal representative, OR --appeal to the Orphans' Court. ADMIN- ISTRATIVE CORRECTIONS: Factual errors discovered on this assesswent should 6e addressed in writing to: PA Departwent of Revenue, Bureau of Individual Taxes, ATTN: Post Assesswent Review Unit, Dept. 28D601, Harrisburg, PA 17128-0601 Phone (717) 787-6505. See page 5 of the booklet ^Instructions far Inheritance Tax Return for a Resident Decedent^ (REV-1501) for an explanation of administratively correctable errors. DISCOUNT: If any tax due is paid within three (3l calendar wonths after the decedent's death, a five percent (5%) discount of the tax paid is allowed. PENALTY: The 15% tax awnesty non-participation penalty is cowputed on the total of the tax and interest assessed, and not paid before January 18, 1996, the first day after the end of the tax awnesty period. This non-participation penalty is appealable in the save wanner and in the the sane tiwe period as you would appeal the tax and interest that has been assessed as indicated on this notice. INTEREST: Interest is charged beginning with first day of delinquency, or nine (9) wonths and one (17 day frog the date of death, to the date of paywent. Taxes which becawe delinquent before January 1, 1982 bear interest at the rate of six (6%) percent per annuw calculated at a daily rate of .000164. All taxes which becawe delinquent on and after January 1, 1982 will bear interest at a rate which will vary frog calendar year to calendar year with that rata announced by the PA Department of Revenue. The applicable interest rates for 1982 through 2002 are: Year Interest Rate Gaily Interest Factor Year Interest Rate Daily Interest Factor 1982 2D% .000548 1992 9% .000247 1983 16% .000438 1993-1994 7% .000192 1984 11% .000301 1995-1998 9% .000247 1985 13% .000356 1999 7% .000192 1986 10% .000274 2000 8% .000219 1987 9% .000247 2001 9% .000247 1988-1991 11% .000301 2002 6% .000164 --Interest is calculated as follows: INTEREST = BALANCE OF TAX UNPAID X NUMBER OF DAYS DELINQUENT X DAILY INTEREST FACTOR --Any Notice issued after the tax becowes delinquent will reflect an interest calculation to fifteen (15) days beyond the date of the assesswent. If paywent is wade after the interest coaputation date shown on the Notice, additional interest wust be calculated. V i/ PLEASE FILE THIS REPORT WITHIN TWO YEARS OF DATE OF DEATH REGARDLESS OF THE STATUS OF THE ESTATE. IF ESTATE IS NOT COMPLETED, FILE a 6.12 FORM YEARLY UNTIL COMPLETION. STATUS REPORT UNDER RULE 6.12 Name of Decedent: MARIAN L. GRAYBILL Date of Death: JUNE 15, 2001 Will No.: 2001-00606 Admin No.: Pursuant to Rule 6.12 of the Supreme Court Orphans' Court Rules, I report the following with respect to completion of the administration of the above-captioned estate: 1. State whether administration of the estate is complete: Yes X No 2. If the answer is No, state when the personal representative reasonably believes that the administration will be complete:. 3. If the answer to No. 1 is yes, state the following: A. Did the personal representative file a final account with the Court? Yes No X B. The separate Orphans' Court No. (if any) for the personal representative's account is:. C. Did the personal representative state an account informally to the parties in interest? Yes X No D. Copies of receipts, releases, joinders and approvals of formal or informal accounts may be filed with the Clerk of the Orphans' Court and may be attached to this report. Date: .2 ~/ 2-~• 6 ~ ignature Ralph H. Wright, Jr. ~- Johnson, Duffie, Stewart & Weidner 301 Market Street, P.O. Box 109 Lemoyne. PA 17043-0109 ;` Address ~~ (717) 761-4540 ~~ ~ Telephone No. c~,t --~ Capacity: Personal Representative X Counsel for Personal Representative ==