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Home My WebLink About01-0584 PETITION FOR GRANT OF LETTERS OF ADMINISTRATION Estate of Judith D. Leiby also known as No. To: d\- 0\- 51s4- Deceased. Register of Wills for the County of Cumberland in the Commonwealth of Pennsylvania Social Security No. 176-34-9651 The petition of the undersigned respectfully represents that: Your petitioner(s), who is~18 years of age or older, appLies for letters of administration on the estate of (d.b.n.; pendente lite; durante absentia; durante minoritate) the above decedent. Decedent was domiciled at death in Cumberland County, Pennsylvania, with h er last family or principal residence at 54 Creekside Dr., Enola, East Pennsbor<? Twnshp. (list street, number, Twp. or Boro.) Decedent, then 57 years of age, died at Holy Spirit Hospital May 19 :;!J 2001 , Decedent at death owned property with estimated values as follows: (If domiciled in Pa.) All personal property (If not domiciled in Pa.) Personal property in Pennsylvania (If not domiciled in Pa.) Personal property in County Value of real estate in Pennsvlvania situated as follows: 52-54 creekside Drive, Enola $ 15,000.00 $ $ $ 60,000.00 Petitioner__ after a proper search ha~ ascertained that decedent left no will and was survived by the following spouse (if any) and heirs: Name Relationship Residence - SEE ATTACHED LIST SEE ATTACHED RENUNCIATIONS THEREFORE, petitioner(s) respectfully request(s) the grant of letters of administration in the appropriate form to the undersigned. ~ " 15 2430 South Market c'- ol':: Mechanicsburg. PA ~~ 0'- 50 os c 00 Vi Street 17055 llo- d~g-- '3 OATH OF PERSONAL REPRESENTATIVE COMMONWEALTH OF PENNSYL VANIA COUNTY OF CUMBERLAND } 58 The petitioner(s) above-named swear(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 representative(s) of the above decedent petitioner(s) will well and truly administer the estate according to law. Sworn to or affirmed and subscribed before me this 20TH day of ~C~~~~ MARY C LEWIS RegISter - ... '! ::s .... ~ Q fii No. 21 - 01 - 584 Estate of Judith D. Leiby , Deceased GRANT OF LETTERS OF ADMINISTRATION AND NOW JUNE 21. xJ9:2001 ,in consideration of the petition on the reverse side hereof, satisfactory proof having been presented before me, IT IS DECREED that Timothv Leibv isimB: entitled to Letters of Administration, and in accord with such finding, Letters of Administration are hereby granted to Timothy Leiby in the estate of Judith D. Leiby ~n FEES Letters of Administration ..... Short Certificates( 3) . . . . . . . . . . Renunciation ...l Q ). . . . . . . . . . JCP Register of Wills MARY CLEWIS ~1(,~ Debra K. Wallet (23989) ATTORNEY (Sup. Ct. I.D. No.) 24 N. 32nd St., Camp Hill, ADDRESS (717) 737-1300 PHONE PA 17011 $ 115.00 $ 9.00 $ ~O.OO $ !) nn TOTAL _ $ 1!)q nn Filed ..... y~.N.~ . ?oJ. . . . . . .. A.D. )q~2illl1 Mailed letters to attorney on 6-21-01 ) (Jrf; 'J 21 - 01 - 584 Timothy Leiby (son) 2430 South Market Street Mechanicsburg, PA 17055 JChristoPher Leiby 54 Creekside Drive 1 Enola, PA 17025 (son) ~ Matthew Leiby (son).:' 54 Creekside Drive Enola, PA 17025 { Jonathan Leiby (son) !--. 203 Bridge Street 1ST Floor New Cumberland, PA 17070 ,) Jordan Leiby (son) 2430 South Market Mechanicsburg, PA .:--- Street 17055 Amanda Kang (daughter) ~ 1710 Market Street Apt #17 Camp Hill, PA 17011 \ Rachael Leiby (daughter) L._ 45 Creekside Drive Enola, PA 17025 \ Rebekah Leiby (daughter) L 431 Bridge Street Apt #35 New Cumberland, PA 17070 \ I Sarah Leiby (daughter) L.---' 539 Market Street New Cumberland, PA 17070 I Tina Duarte (Nova Shard) l J (daughter) 6961 Holly Drive Ft. Lewis, WA 98433 !L' is to certify I h;! Registrar. The original that t he information here given IS correctly copied from an original certific~te of death dul): filed with cenitlcate will be forwarded to the State Vital Records Oftlce for permanent tlhng. me as WARNING: It is illegal to duplicate this copy by photostat or photograph. No. /ilili;fiji-;;;;7;;;;~ 4(i"'(~\l~Jll!I;"';~ /111.;;;ji./ ,-'4'J'__"~\ N ~ "........-: - 1$ f;;!; _~\~~ (j~ ....1 'JJi'" '- ~_,.1 "r" \,~~ ~~: .... 'I-~ ~~L 3#._~. i~~ \~ \ 'i -~]I _ . ~ ~*~"r'/*$ -::. ~\ ,-'- ~ - /~,~ \. ~'" . /~I'" ~ '"4L>~. /;...<,.'r I' "". "'IT"'~~----'-<, ".... I' ..-.....", EN11J""",,'" ""'N/HIIIIO a~/~('~~ Local Registrar 7 Fee t(lr this cerriticarc, S2.00 P 7428586 MAY 2 1 2001 Date Aev 2187 COMMONWEALTH OF PENNSYLVANIA. OEPARTMENT OF HEALTH. VITAL RECORDS CERTIFICATE OF DEATH 54 C~eek~~de V~~ve Eno~a PA 17025 SEX 2. F ewe NAME OF DECEDENT (FIfSl. M.~. LoiS' .. Judah V. Le~b AGE (la.. _vI UNlXA , VEAA - Ooyo lIlRTHPlAClE IC", .... Stale Oil FCf8lC)O COUOIIY. lit. Cumb~~nd DECEDENT'S USUAl OCCUPAI'ION ~ (~':=:~:OC:::::2:), ~;II', Fo~te~ PMent lib. State :::OECEDENT'S MAILING AOOAESS (SI,.... Ctv/l'owfl. SIaM. Zip COde) .w Ie. DECEDENT'S ACTUAL RESIDENCE (See inSlHJCl1On6 on Olher SIde~ IoWlITAl STATUS._ Nevel Married. WidDwed. 0N00ced lSooc"vl ,.. V~vOkc.ed 17.. Slale l>cI -- _InA Cumb~.e.and _1 17.0 ::"""":c,-:'-':::ol MOTHER"S NAME (FIl'51. MldcJe. MatOen Sumamej 17c.O'lW.dIlCedentlivedif'l Twp. ..... '10. County <- R..............St...o 230. IIoIE'fJlf-IilH ". bl: 50 f'. M. 21. ... 27_ PART I: Enter Ihe di.....s, infUries Of CCKl\pM::allOf'lS which ~usedlhe cklalh Do not 1"'1' lhe List onfy one cause on each ..... .....OIATIl CAUSE (final ......... <on<ldIon ~f~If\OUIhI_ .: SequentiaIy hM c:oncMaon. ~"...,.lNdinglO~ ~=c:ewee, Ent.- WGERLYIHQ :: CAUSE (0..... Of of'IlUry ".f\al1nlbaIed .~ ~-:In~.LAST ~wU AN AUTOPSY ~ PERFORMED? c..,,," v."'t' jt..~ 5.j~ DUE 10 (00 AS A CONSEOUEt"CE Of)" H. . Applo..wnare : iN,,.,,., belween I OI\Ml and death I i NoD PART H: 0Iher tigniftclnl COftdItiona COOIributinQ: CO dHlh, but noI tHUIlingi in the ~ CMIM giyen in PART I DUE 10 COR AS A CONSEOUENCE Of), DUE 10 {OR AS A CONSEOUENCE Of), . WERE AUTOPSY F6N[HNGS A\WlA8lE PRaOR 10 COMPlETK:lN OF CAUSE C6 DERH? Y.. 0 WANNEA OF DEATH ......... [3" - 0 -..... 0 Pending Inve....;,.luion 0 Suicidll 0 Could noc ~ de.lnnlned 0 OATE OF INJURY (Monlh. Day, ~l TIME OF INJURY INJURY AT WORK? DESCRIBE HOW INJURY OCCURRED, .. .....0 NoD .....0 NoGt No if ,. .. ;;; a... 210. CERTIFIER ICheck oniy onej .CMTIFYING PHYSICIAN IPhySlC.all CeflotyU'lg cause 01 cJealh when another ph....SIC.an has ptOflOuOCed <Sealtl ana completed Item 231 To" be.. 01 tny knowledge. death occuned due 10 Ihe cauN's. and manner.. s.aled. . >t. PlACE OF INJURY. AI oo.n.. farm. sItMI, Iaclcxy, office bulking, etc_ ISpec...... _. 32. DATE FILED (Month Day. Yea" ~ j ."AONOUNCaHQ AND CERTIFViNG PHYSICIAN (PhYSCIaf' boltt O)l'O/lOUllC'fIg L1edlh and Cet1llylf'lQ TO cause 01 dealtll To Ihe beal 01 my llnowledg... dealh OCCurr" 1.1..... Uma. dale, and p'.ce. and due 10 Ihe CauM(a..nd manner.. slaled.. -. .MEDICAL EXAMINER/CORONER On lhe ba.is of examinalion andlor inveslig.J.lion. in my opinion, death occurred .1 the lime. date. and place. and due to the CauN(a) and manne' a. at.tH. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. .........,.,",.............,.,.................. ...... 31. \,. REG~AT~~ ~/~I""( I , . ~~7--- o 3', ~/ ./ 21 - 01 - 584 RENUNCIATION In Re Estate of Judith D. Leiby deceased. To the Register of Wills of CumberlandCounty, Pennsylvania. The undersigned children of the above decedent, hereby renounce(s) the right to administer the estate and respectfully ask(s) that Lellers of Administration be issued to Timothy M. Leiby /?'7/- ,x~200 1 WITNESS ~ hand this ~ 3 day of Subscribed and sworn to before me this ;)."3 day of (Yl ce:r ~2001 ~/Y\LA-l!lp ( -. .... - - Notarial Seal Tina M. Robertson, Notary Public East Pennsboro Twp., Cumberland Coun My Commission Expires Nov. 15. 2003ty Meml:ler, Pennsylvania Association of Notaries '(I~ d g (Sian.lv,tI SY C' /r'i'" K~cJe.. ~\ e~ ~ ~ ('2iJ.,i...."5' IAdd,..., 21 - 01 - 584 RENUNCIATION In Re Estate of Judith D. Leiby deceased. To the Register of Wills of CumberlandCounty, Pennsylvania. The undersigned children of the above decedent, hereby renounce(s) the right to administer the estate and respectfully ask(s) that Letters of Administration be issued to Timothy M. Leiby WITNESS hand this ,^rddayof ~ ,x~2001 Subscribed and sworn to before me this :;.. nd day of .:Ju.1le.- :xNk2001 ~~ ~I- A/t'aJ Cv~i'4..wUD,f4 17070 I,(dd,ns /7o~ '-illl.cL..lJ I. L r:n I ~I ,() /.\ ) Nola" Public \ " >J ~-~ '_od ~~ t.-~t.<{.~ (j \t o~ IAdd,ns' '<::-)o\~ \>\\ \)oJ., ') >- ~ ~ I Addrns' MICHEU.E NOTARIAL SEAL Mechanics L MYERS. Notary Public M Comm I:!urg Cumberland CoU~3 21 - 01 - 584 RENUNCIATION In Re Estate of Judith D. Leiby deceased. To the Register of Wills of CumberlandCounty, Pennsylvania. The undersigned children of the above decedent, hereby renounce(s) the right to administer the estate and respectfully ask(s) that Letters of Administration be issued to Timothy M. Leiby WITNESS hand this A~ H/~ i!._~ ~ t7 ~ 3Ud;~~.::t;;:- ~ , ~.; 01." p"illIc .-,. CAROL L. BRADLEY SSG US ARMY OSJA FT LEW IS WA day of ,x~2001 Jnu",>~J 51~/Q 21 - 01 - 58,4 RENUNCIATION In Re Estate of Judith D. Leiby deceased. To the Register of Wills of CumberlandCounty, Pennsylvania. The undersigned children of the above decedent, hereby renounce(s) the right to administer the estate and respectfully ask(s) that Letters of Administration be issued to Timothy M. Leiby WITNESS hand this Subscribed and sworn to before me this day of ~2001 9~ NOTARIAL SEAL Jennifer A. Quatmann, Notary Public Upper Allen Twp., County of Cumberland My Commission Expires Dec. 6, 2004 day of ,x~2001 ~ ("('O.J'"f'e+ ~iln.lu,. \ , pr4\\. pA lm (Add,ess' 21 - 01 - 5$4 RENUNCIATION In Re Estate of Judith D. Leiby deceased. To the Register of Wills of CumberlandCounty, Pennsylvania. The undersigned children of the above decedent, hereby renounce(s) the right to administer the estate and respectfully ask(s) that Letters of Administration be issued to Timothy M. Leiby WITNESS hand this b day of -=='\ ,\ ~ ~ ,x~2001 NOTARIAL SEAL BARBARA A. QUIGLEY, Notary Public New Cumberland BOfO. Cumberland Co. My Commission Expires Oct. 1 t 2001 Subscribed and sworn to before me ; this 'D day of =S-'-J N ~ ~2001 ~,~~,~, NOla" Public \ 21 - 01 - 584 ,. RENUNCIATION In Re Estate of Judith D. Leiby deceased. To the Register of Wills of CumberlandCounty. Pennsylvania. The undersigned children of the above decedent. hereby renounce(s) the right to administer the estate and respectfully ask(s) that Letters of Administration be issued to Timothy M. Leiby WITNESS hand this day of ,x~2001 NOla" Public Subscribed and sworn to before me this 7' day of Ju/?-e:.-- ~2001 .. Notarial Seal Jay M. Zimmerman, Notary Public Upper Allen Twp., c.umbertand County My Commission Expires March 16, 2002 MM1l-1~r. ~nf\yf~"iq .c!II'8'el!I9!<<ln ~ N9Ieriee COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG, PA 17128-0601 REV-1162 EX! 11-961 RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT lEIBY TIMOTHY 2430 SOUTH MARKET STREET MECHANICSBURG, PA 17055 ____un fold ESTATE INFORMATION: SSN: 176-34-9651 FILE NUMBER: 2101-0584 DECEDENT NAME: lEIBY JUDITH 0 DATE OF PAYMENT: 02/19/2002 POSTMARK DATE: 00/00/0000 COUNTY: CUMBERLAND DATE OF DEATH: 05/19/2001 NO. CD 000869 ACN ASSESSMENT CONTROL NUMBER AMOUNT 101 I $78.76 I I I I I I I I TOTAL AMOUNT PAID: $78.76 REMARKS: TIMOTHY M lEIBY CHECK# 3395 SEAL INITIALS: VZ RECEIVED BY: REGISTER OF WILLS MARY C. lEWIS REGISTER OF WillS :4.:","0,,"'''' COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 REV-1500 OFFICIAL USE ONLY r!-" Iv - ~3~ -.~ ~ELM~ERO 1- 0 () 6 t t1 COUNTY CODE YEAR NUMBER INHERITANCE TAX RETURN RESIDENT DECEDENT SOCIAL SECURITY NUMBER i7~ - 3Y -Qfo.51 I-- Z W C W U W C DECIODENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) Lf j'h-' ~L<d.I+\) D. DATE OF DEATH (MM-DD-YEAR) 05 - I q - 0 r (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) W I- lll:~en uD::lll: wD-U J:OO uD::...J D-1II D- el: o0e- lZI1. Original Return o 4. Limited Estate o 6. Decedent Died Testate (Attach copy ofWHI) o 9. Litigation Proceeds Received DATE OF BIRTH (MM-DD-YEAR) o 8- / q - l( 3 THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER o 2. Supplemental Return o 4a. Future Interest Compromise (date of death after 12-12-82) o 7. Decedent Maintained a Living Trust (Attach copy of Trust) o 10. Spousal Poverty Credit (date of death between 12-31.91 and 1-1-95) o 3. Remainder Return (date 01 death pnorto 12-13.82) o 5. Federal Estate Tax Return Required .-D. 8. Total Number of Safe Deposit Boxes o 11. Election to tax under Sec. 9113(A) (Attach Sch 0) !: ~ C Z o D- en - w D:: D:: o U z o 3 :J I-- ii: ~ u w 0:: z o ~ ~ :J I::L. :E o u >< ~ FIRM NAME (If Applicable) r ...... 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 Property (Schedule F) o Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G or L) 8. Total Gross Assets (total Lines 1-7) 9. Funeral Expenses & Administrative Costs (Schedule H) 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) 11. Total Deductions (total Lines 9 & 10) 12. Net Value of Estate (Line 8 minus Line 11) 13. Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J) 14. Net Value Subject to Tax (Line 12 minus Line 13) streff j7o<,-~- (1) -1> ccrJ OOD. ro (2) none.. (3) (\ot1e- (4) nonE:- (5) 1- '3 Y 6l . \ S- , OFFICIAL USE ONLY .4I"""""'I,r'" ...,/..... ~ :: C'!' 3"" c-- ~ ...-, rn 0:::: (6) n C{)e.. \-0 (7) I'lDn-c.. a:J '-.) 0-" (8)~ '63 I L-\?n. \S- (9)i 5qq \. \l (10) ~ LID, lDO~), I'?, (11) -f? Lj ~. SCIf', . 2,S (12) 'It ::5l.p 037 ,c10 I (13) II one- SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES (14) 11 6\.p. <'63-1 .<'10 15. Amount of Line 14 taxable at the spousal tax rate. or transfers under Sec. 9116 (a)(1.2) 16. Amount of Line 14 taxable at lineal rate 17. Amount of Line 14 taxable at sibling rate 18. Amount of Line 14 taxable at collateral rate 19. Tax Due n n(jf' (l0t'l€ x.O_ (15) nDne. - x .0 lit:) (16) i> \ I lo S 1 .l \ x .12 (17) (lon-e. x .15 (18) (ion~ (19) ~ Uo \-1. 1 \ {lone :It 31o <62,1. qO , CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT 20.0 Decedent's Complete Address: STREET ADDRESS 54 C reets.ic(~ D(,ue- ~ CITY ~ (/0/ ,. I STATE PA I ZIP / 702 S '-_ 0( Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1) :t I, LP S '7. 7 ) none.. ,. \ 500.DO ~ IS. q :) Total Credits ( A + B + C ) (2)" I 5 /) S 4S 3. Interest/Penalty if applicable D. Interest E. Penalty (3) r\C{Ie-. (4) (") ciJC:.. (5) ~ It>,lL., (5A) n Ore.. (5B) ~)B.'ll, n eX'rf' none.. Total Interest/Penalty ( D + E ) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 1 Line 20 to request a refund 5. If Line: + L;ne 3 is greater th~m Line 2, enter the diff'lrence. This is the TAX DUE. A. Enter the interest on the tax due. B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. Make Check Payable to: REGISTER OF WILLS, AGENT '~;:~ill-.---~~~ PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X"IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes a. retain the use or income of the property transferred;.......................................................................................... 0 b. retain the right to designate who shall use the property transferred or its income; ............................................ 0 c. retain a reversionary interest; or.......................................................................................................................... 0 d. receive the promise for life of either payments, benefits or care? ...................................................................... 0 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? .............................................................................................................. 0 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? .............. 0 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? ................................... ..................................................................................... 0 No ~ ~ [25] [)S] ~ ~ BJ 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 retum, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct and complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. SIGNATURE OF PE ~~.~E;.seONSIB~R FILING RETURN . 'V~,yA ."-' -- _~ AD DR Y SOl~ \ r SIGNATURE OF PREPARER OTHER THAN REPRESENTATIVE nl::~(' DATE ;-\0 -01- ADDRESS DATE 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. 99116 (a) (1.1) (i)]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0% [72 P.S. 99116 (a) (1.1) (ii)]. The statute does not exemot a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax retum are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is 0% [72 P.S. 99116(a)(1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5%, except as noted in 72 P.S. 99116(1.2) [72 P.S. 99116(a)(1 )J. 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. 99116(a)(1.3)]. A sibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. -- ,97) SCHEDULE A REAL ESTATE COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT - ESTATE OF _ .JLl . i+h D. Le;b FILE NUMBER All real property owned solely or as a tenant in c mon must be reported at fair market value. Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts. Real property which is jointly-owned with right of survivorshiD must be disclosed on Schedule F. ITEM NUMBER 1. DESCRIPTION VALUE AT DATE OF DEATH See attC1che d CtppralSU\ <30,000. ro TOTAL (Also enter on line 1, Recapitulation) $ 80 . 000. 00 (If more space is needed, insert additional sheets of the same size) WOOF APPRAISAL GROUP FDe No. PVT5024A APPRAISAL REPORT OF A SINGLE FAMILY RESIDENTIAL HOME LOCATED AT: 50 & 52 CREEKSIDE DRIVE ENOLA, PA 17025 FOR: TIMOTHY LEIBY 2430 S. MARKET STREET MECHANICSBURG, PA 17055 AS OF: OCTOBER 17, 2001 APPRAISED VALUE: 45,000 BY: REYNOLD R. WOOF, JR. IFAS STATE CERTIFIED GENERAL REAL ESTATE APPRAISER 302 S. FRONT STREET, WORMLEYSBURG. PA 17043 717-975-9411 ..~lFannieMae LIMITED SUMMARY APPRAISAL REPORT I A I A I IR Desktop Underwriter Quantltat v. naly. $ ~ppra sa .port File No.: PVT5024A THIS SUMMARY APPRAISAL REPORT IS INTENDED FOR USE BYTHE LENDERfCLIENT FOR A MORTGAGE FINANCE TRANSACTION ONLY. ...:. . Prooertv Address 50 & 52 CREEKSIDE DRIVE Citv ENOLA State PA Zip Code 17025 LeaalDescriotion RECORD BOOK 134 PAGE UNK./ EAST PENNSBORO TOWNSHIP Countv CUMBERLAND Assessor's Parcel No. 09-16-1051-043 & 043A Tax Year 01/02 R.E.Taxes $ 1257.09 SoedalAssessments$ NONE .. Borrower N/A Current Owner ESTATE OF JUDITH B. LEIBY Occuoant: T TOwner [ IT enant fxlVacant Neiahborhood or Proiect Name CREEKSIDE DRIVE Proiect Tvoe lPUD T TCondominium HOA$ N/A /Mo. Sales Price $ MARKET Date of Sale N/A Descriotion/$ amount of loan chames/concessions to be paid bv seller N/A Propertv riahts aooraised r xl Fee Simole r l Leasehold I Map Reference N/A Census Tract 3240-101 . Note: Race and the racial composition of the neighborhood are not appraisal factors. . Location U Urban l2SJ Suburban 0 Rural Property values U Increasing l2SJ Stable 0 Declining Single family housing ~ . Buill up 00 Over 75% 0 25-75% 0 Under 25% Demand/supply 0 Shortage 00 In balance 0 Over supply PRICE AGE PRICE AGE . $(000) (yr:(O $(OO~ (Yj( . Growth rate n Rapid [Xl Stable n Slow Mal1leting time n Under 3 mos. [Xl 3-6 mos. n Over 6 mos. 35 Law NI Low ~ .. Neighborhood boundaries THE NEIGHBORHOOD BOUNDARIES CONSIST OF THE HOMES IN THE 145 High +100 N/A High N/A AREA COMMONLY KNOWN AS THE CREEKSIDE DRIVE AREA OF ENOLA, LOCATED IN EAST Predominant Predominant PENNSBORO TOWNSHIP. 75 65 N/A N/A Dimensions 112.2 X 262.35 X 135.3 X 247.5 Site area 31547 SQ.FT. +/- Shape IRREGULAR Specific zoning classification and description R2; RESIDENTIAL MULTI FAMILY & 100 YEAR FLOOD PLAIN Zoning compliance [RJ Legal 0 Legal nonconfonning (Grandfathered use); 0 Illegal, aUach description 0 No zoning Hiahest and best use of subject propertv as imoroved (or as proposed per plans and soecifications): fXl Present use n Other use, aUach description. Utilities Public Other Public Other Off-site Improvements Type Public Private Electricity [RJ Water 0 WELL Street MACADAM [RJ R Gas n SanitarY sewer [Xl Allev NONE n Are there anv apparent adverse sile conditions (easements encroachments, special assessments slide areas etc.)? rxl Yes r 1 No If Yes, aUach description. See Attc Source(s) used for physical characteristics of property: ~ Interior and exterior inspection R Exterior inspection from street U Previous appraisal files n MLS nAssessment and tax recordsn Prior Inspection n Prooertv owner Other (Describe): No. of Stories 2 Tvoe (Del./AU.) DETACHED Exterior Walls ALUMINUM Roof Surface TIN Manufactured Housina 11 Yes fX1No Does the oropertv aenerallv confonn to the neiohborhood in tenns ofstvle, condition, and construction materials? fxl Yes r 1 No If No, aUach description. . Are there any apparent physical deficiencies or conditions that would affect the soundness or structural integrity of the improvements or the livability of the property? . n Yes OONo If Yes attach descriDtion. , Are there any apparent adverse environmental conditions (hazardous wastes, toxic substances, etc.) present in the improvements, on the site, or in the immediate vicinity of the subiect oroDertv? n Yes fXl No If Yes aUach description. I researched the subject mal1let area for comparable listings and sales that are the most similar and proximate to the subject property. My research revealed a total of 8 sales ranging in sales price from $ 12,415to$ 115,000. My research revealed a total of N/A listings ranging in list price from $ N/A to $ N/A. The analvsis of the comparable sales below rellects mal1let reaction to significant variations between the sales and the subiect orooertv. FEATURE SUBJECT SALE 1 SALE 2 SALE 3 50 & 52 CREEKSIDE DRIVE 519 GOOD HOPE ROAD 5681 CREEKVIEW ROAD 517 GOOD HOPE ROAD Address ENOLA MECHANICSBURG MECHANICSBURG MECHANICSBURG Proximity to Subject 2.5 MILES 3.0 MILES 2.5 MILES Sales Price $ MARKET $ 50 000 . $ 68 000 $ 12415 PricelGross Uv. Area $ 0.00 ft! $ 66.14ft! $ 67.39ft! $ 17.241tl Data & Verif. Sources MULTI-LIST & COUNTY STEBS MULTI-LIST & COUNTY STEBS MULTI-LIST & COUNTY STEBS VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION I + (.)$ PdjustmerI DESCRIPTION I + (.)$AdjIElmert DESCRIPTION 1 +(-)$AdjIElmert Sales or Financing CONVENTIONAL , CONVENTIONAL , CASH , , , , Concessions 143DOM , 40 DOM , 55 DOM , , , , Date of SalelTime N/A 06/21/2001 , 04/28/2000 , 11/28/2000 , , , , Location SUBURBAN SUBURBAN , SUBURBAN , SUBURBAN , , , , Site 54450 SF/RECTAl' 21900 SF/SQUARE: +5 000 5353 SFIRECTANG.: + 12. 000 1??oo SF/SQUARE: +8,000 View CREEK CREEK , CREEK , CREEK , , , , Desian (SlvIe) 2 STORY 2 STORY , 1 STORY , 2 STORY , , , Actual Aae (Yrs.) 100 80 , 70 , 100 , , . Condition FAIR BELOW A VERAGI: -10 000 AVERAGE , -20.000 POOR : + 1 0 000 , . Above Grade Total : Mm.: Baths Total : Berms I Baths , Total ' Bdrms ' Baths , Total : B<<ms ' Baths , , , , . Room Count 6 : 3 : 1.00 4 : 2 , 1.00 , 5 : 2 , 1.00 , 4 : 2 , 0 , +3,000 , , , , , , , Gross LNi1a Area 1 040 Sa. FI. 756 Sq. Ft.: +1 400 1 009 Sq. Ft.: +200 720 Sq. Ft.: + 1 600 . Basement and Fnmed FULL BSMNT CRAWL SPACE , +1,500 CRAWL SPACE , +1,500 FULL BSMNT , , : , : UNFINISHED N/A N/A , UNFINISHED Rooms Below Grade , , , . Garaae/Carport OFF STREET OFF STREET , 1 DET GAR/FAIR , -1.000 OFF STREET , , , , EXTRA'S DECK, PATIO DECK , PORCHES , PORCHES , , , , . EXTRA'S NONE SHED LOFT RM , -4.500 FIREPLACE , -1 500 PAVILION , , , , -500 Net Adj. (total) r 1 + fxl- :$ 6.600 I I + Ixl- '$ 8800 [:Xl + I 1- '$ 22 1 00 Adjusted Sales Price Gross: 44.8% Gross: 53.2% Gross: 186.1 % of Comparables Net: -13.2% $ 43.400 Net: -12.9% $ 59,200 Net: 178:0%. $ 34515 Date of Prior Sales N/A N/A N/A N/A Price of Prior Sales $ N/A $ N/A $ N/A $ N/A Analysis of any current agreement of sale, option, or listing of the subject property and analysis of the prior sales of subject and comparables: N/A Summary of sales comparison and value conclusion: NO RECENT SALES, SIMILAR IN NATURE TO THE APPRAISED PROPERTY COULD BE LOCATED. THEREFORE SIMILAR CREEK SIDE PROPERTY SALES FROM ANOTHER NEIGHBORHOOD WERE USED FOR COMPARISON AND MARKET DATA OF CLOSED SALES WAS CONSIDERED SUFFICIENT. ALL SALES WERE CLOSED AND CONSIDERED EQUALLY WHEN ARRIVING AT MARKET VALUE. This appraisal is made 00 'as-is', or 0 subject to COIJ1Iletion per plans and specifications on the basis of a hypothetical condition that the improvements have been completed, or o subject to the followina repairs. alterations or conditions: BASED ON AN o EXTERIOR INSPECTION FROM THE STREET OR AN [2g INTERIORAND EXTERIOR INSPECTION, I ESTIMATE THE MARKET VALUE, AS DEFINED, OF THE REAL PROPERTY THAT IS THE SUBJECT OF THIS REPORT TO BE $ 45000 . AS OF 10/17/2001 10CH. PAGE 1 OF 3 Ti'is form.... "educed on the ACl Development RapijForms syslom (8110)23+8727 Fannie Mae Form 2055 9-96 FLOORPLAN Borrower: N/A Property Address: 50 & 52 CREEKSIDE DRIVE , City: ENOLA Lender: File No.: PVT5024A Case No.: State: PA Zip: 17025 Deck Patio 12.0' r------, I ~-----. I r+: 10.0' 110 I ~ 1m ! co I TWO STORY o o N BASEMENT 26.0' Sketch by Apex IV Windows ™ AREA CALCULATIONS SUMMARY LIVING AREA BREAKDOWN Code Description Size Totals Breakdown Subtotals GLA1 First Floor 520.00 520.00 First Floor GLA2 Second Floor 520.00 520.00 20.0 x 26.0 520.00 BSMT Basement 520.00 520.00 Second Floor pip Deck 80.00 20.0 x 26.0 520.00 Patio 108.00 188.00 2 Areas Total (rounded) 1040 TOTAL LIVABLE (rounded) 1040 "Borrower: N/A Property Address: 50 & 52 CREEKSIDE DRIVE City: ENOLA Lende.r state: PA Zip: 17025 FRONT VIEW OF SUBJECT PROPERTY Appraised Date: OCTOBER 17,2001 Appraised Value: $ 45,000 REAR VIEW OF SUBJECT PROPERTY STREET SCENE Borrower: N/A Property Address: 50 & 52 CREEKSIDE DRIVE City: ENOLA Lendev: COMPARABLE PROPERTY PHOTO ADDENDUM File No.: PVT5024A Case No.: State: PA Zip: 17025 COMPARABLE SALE #1 51 9 GOOD HOPE ROAD MECHANICSBURG Sale Date: 06/21/2001 Sale Price: $ 50,000 COMPARABLE SALE #2 5681 CREEKVIEW ROAD MECHANICSBURG Sale Date: 04/28/2000 Sale Price: $ 68,000 COMPARABLE SALE #3 517 GOOD HOPE ROAD MECHANICSBURG Sale Date: 11/28/2000 Sale Price: $ 12,415 LIMITED SUMMARY APPRAISAL REPORT besktop Underwriter Quantitative Analysis A ralsal Re ort ,APPRAISER'S CERTIFICATION: The Appraiser certifies and agrees that: 1. I performed this appraisal by (1) personally inspecting from the street the subject property and neighborhood and each of the comparable sales (unless I have otherwise indicated in this report that I also inspected the interior of the subject property); (2) collecting, confirming, and analyzing data from reliable public and/or private sources; and (3) reporting the results of my inspection and analysis in this summary appraisal report. I further certify that I have adequate information about the physical characteristics of the subject property and the comparable sales to develop this appraisal. File No.: PVT5024A 2. I have researched and analyzed the comparable sales and offerings/listings in the subject market area and have reported the comparable sales in this report that are the best available for the subject property. I further certify that adequate comparable market data exists in the general market area to develop a reliable sales comparison analysis for the subject property. 3. 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 further certify that I have noted any apparent or known adverse conditions in the subject improvements, on the subject site, or on any site within the immediate vicinity of the subject property of which I am aware, have considered these adverse conditions in my analysis of the property value to the extent that I had market evidence to support them, and have commented about the effect of the adverse conditions on the marketability of the subject property. 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. 4. I stated in the appraisal report only my own personal, unbiased, and professional analysis, opinions, and conclusions, which are subject only to the contingent and limiting conditions specified in this form. 5. I have no present or prospective interest in the property that is the subject of this report, and I have no present or prospective personal interest or bias with respect to the participants in the transaction. I did not base, either partially or completely, my analysis and/or the estimate of market value in the appraisal report on the race, color, religion, sex, age, marital status, 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 or on any other basis prohibited by law. 6. 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. 7. 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. 8. I estimated the market value of the real property that is the subject of this report based on the sales comparison approach to value. I further certify that I considered the cost and income approaches to value, but, through mutual agreement with the client, did not develop them, unless I have noted otherwise in this report. 9. I performed this appraisal as a limited appraisal, subject to the Departure Provision of 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 the place as of the effective date of the appraisal (unless I have otherwise indicated in this report that the appraisal is a complete appraisal, in which case, the Departure Provision does not apply). 10. I acknowledge that an estimate of a reasonable time for exposure in the open market is a condition in the definition of market value. The exposure time associated with the estimate of market value for the subject property is consistent with the marketing time noted in the Neighborhood section of this report. The marketing period concluded for the subject property at the estimated market value is also consistent with the marketing time noted in the Neighborhood section. 11. I personally prepared all conclusions and opinions about the real estate that were set forth in the appraisal report. I further certify that no one provided significant professional assistance to me in the development of this appraisal. SUPERVISORY APPRAISER'S CERTIFICATION: If a supervisory appraiser signed the appraisal report, he or she certified and agrees that; I directly supervise the appraiser who prepared the appraisal report, have examined the appraisal report for compliance with the Uniform Standards of Professional Appraisal Practice, agree with the statements and conclusions of the appraiser, agree to be bound by the appraiser's certifications numbered 5 through 7 above, and am taking full responsibility for the appraisal and the appraisal report. APPRAISER: Signature: ~~~ Name: REYNOLD R. WOOF, JR. IF S Company Name: WOOF APPRAISAL GROUP Company Address: 302 S. FRONT STREET WORMLEYSBURG, PA 17043 Date of Report/Signature: 10/23/2001 State Certification #: GA-000002-L or State License #: State: PA Expiration Date of Certification or License: JUNE 30, 2003 STATE CERTIFIED GENERAL REAL ESTATE APPRAISER SUPERVISORY APPRAISER (ONLY IF REQUIRED): Signature: Name: Company Name: Company Address: Date of Report/Signature: State Certification #: or State License #: State: Expiration Date of Certification or License: ADDRESS OF PROPERTY APPRAISED: 50 & 52 CREEKSIDE DRIVE ENOLA, PA 17025 SUPERVISORY APPRAISER: SUBJECT PROPERTY o Did not inspect subject property o Did inspect exterior of subject property from street o Did inspect interior and exterior of subject property COMPARABLE SALES o Did not inspect exterior of comparable sales from street o Did inspect exterior of comparable sales from street APPRAISED VALUE OF THE SUBJECT PROPERTY $ 45000 EFFECTIVE DATE OF APPRAISAUINSPECTION 10/17/2001 LENDER/CLIENT: Name: TIMOTHY LEIBY, ADMINISTRATOR Company Name: Company Address: 2430 S. Ml\RKET STREET, MECHANICSBURG, PA 17055 10CH. PAGE 3 OF 3 This form was p-odlE8d on Iho Act OeYOlopmonl Rapldformo system (tlOO)234-8n7 Woof Appraisal Group Fannie Mae Form 2055 9-96 LIMITED SUMMARY APPRAISAL REPORT Desktop Underwriter Quantitative Analysis Appraisal Report File No.: PVT5024A Project Information for PUDs (if applicable)--Is the developer/builder in control of the Home Owners' Association (HOA)? 0 HYe~ . 0 N; Provide the following information for PUDs only if the developerlbuilder is in control of the HOA and the subject property is an attached dwelling unit: T otai number of phases Total number of units Total number of units sold Total number of units rented Total number of units for sale Data Source(s) . Was the project created by the conversion of existing buildings into a PUD? 0 Yes 0 No If yes, state date of conversion: Does the project contain any multi-dwelling units? 0 Yes 0 No Data Source: Are the common elements completed? 0 Yes 0 No If No, describe status of completion: Are any common elements leased to or by the Home Owners' Association? Describe common elements and recreational facilities: DYes 0 No If yes, attach addendum describing rental terms and options. Project Information for Condominiums (if applicable)--Is the developer/builder in control of the Home Owners' Association (HOA)? Provide the following information for all Condominium Projects: T olal number of phases Total number of units T olal number of unils rented Total number of unils for sale Was the project created by the conversion of existing buildings into a condominium? 0 Yes 0 No Project Type: 0 Primary Residence 0 Second Home or Recreational 0 Row or Townhouse . Condition of the project, quality of construction, unit mix, etc.: TI~y~S 0 No Total number of units sold Dala Source(s) If yes, date of conversion: o Garden 0 Midrise 0 HighriseO=___-_u · Are the common elements completed? 0 Yes 0 No If No, describe slatus of completion: Are any common elements leased to or by the Home Owners' Association? Describe common elements and recreational facilities: U Yes U No If yes, attach addendum describing renlal terms and options. -- PURPOSE OF APPRAISAL: The purpose of this appraisal is to estimate the market value of the real property that is the subject of this report based on a quantitative sales comparison analysis for use in the mortgage finance transaction. DEFI NITION 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 a ssociated with the sa Ie. * 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 any required sketch in the appraisal report to show approximate dimensions of the improvements and the sketch is included only to assist the reader of the report in visualizing the property and understanding the appraiser's determination of its size. 3. The appraiser 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. 4. The appraiser has noted in the appraisal report any adverse conditions (such as, but not limited to, needed repairs, 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, expressed or implied, regarding the condition of the property. The appraiser will not be responsible for any such conditions that dQ 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. 5. 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. 7. The appraiser must provide his or her prior written consent before the lender/client specified in the appraisal report can distribute the appraisal report (including conclusions about the property value, the appraiser's identity and professional designations, and references to any professional appraisal organizations or the firm with which the appraiser is associated) to anyone other than the borrower; the mortgagee or its successors and assigns; the mortgage insurer; consultants; professional appraisal organizations; any state or federally approved financial institution; or any department, agency, or instrumentality of the United States or any state or the District of Columbia; except that the lender/client may distribute the report 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. 8. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to completion per plans and specifications on the basis of a hypothetical condition that the improvements have been completed. 9. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to completion, repairs, or alterations on the assumption that completion of the improvements will be performed in a workmanlike manner. 10CH. PAGE 2 OF 3 ThIs form.... poducod on tho ACI DeYOlopmenl RapidF"'ms system (UlI0)234-8127 Fannie Mae Form 2055 9-96 . . LOCATION MAP Borrower: N/A . Property Address: 50 & 52 CREEKSIDE DRIVE City: ENOLA Lender: File No.: PVT5024A Case No.: State: PA Zip: 17025 III '~ IJ.l .c. ".(1) ...........---1'" CI -< ~ r.x.l P-I o ::r:: CI o """"'0 ~O Or:-- U.;n ~~~ '. a ' .0 ',:, ::w -~ '\ - ~ (..),.,J., ,,/'\' \, ..,~. , t" L. Ii ~,' ~ t: .'< '-f- "s'~:,~~~~ "., . Iii, 'I "";!" :' "';~k~~~~;\\-~~/ ,~- " ,II ij~,.,.,,,~T...._,1,>>,A lJ,'""-,~:,, l,~"""'-' i ~,j . " ,,~,,-\ ';('"""", \f~"-'.'~""~::" L"/:~'M":~':){ ,~ f' rd', " .,.~ ;~::~::, '~.L:.:.:~~.:,.rg' .' .~ ;7' ....~ ~I , .., .. e:, "." , , ' >.,.'" --~~:' ,'Qi '. ..u"~.Ii'li!'",,,"" "...."'.. Iv"" ..'.....\111'. "."""'-"'" .' ",'-", - v,.. ........'''- .....l . ..... "~ . 00 '.0. . 0. ....... ',<c,' ,-'@ ....' ~..,., III WOOF APPRAISAL GROUP Fie No. PVT5024 APPRAISAL REPORT OF A SINGLE FAMILY RESIDENTIAL HOME LOCATED AT: 54 CREEKSIDE DRIVE ENOLA, PA 17025 FOR: TIMOTHY LEIBY 2430 S. MARKET STREET MECHANICSBURG, PA 17055 AS OF: OCTOBER 17, 2001 APPRAISED VALUE: 35,000 BY: REYNOLD R. WOOF, JR. IFAS STATE CERTIFIED GENERAL REAL ESTATE APPRAISER 302 S. FRONT STREET, WORMLEYSBURG, PA 17043 717-975-9422 THIS SUMMARY APPRAISAL REPORT IS INTENDED FORlJSEBYTHELENDER/CLIENTf~~.I\..MORTGAGEFI.t!A!I~~T~p.NSAC.T1.Ot-J.2N!-X:_ n~_ P~operty Address 54 CREEKSIDE DRIVE .___ City ENOLA _.. State PA Zip c;o~ce~E025 Lellal Description DEED BOOK 34A PAGE 943/ EAST PENNSBORO TOWNSHIP . County CUMBERLAND . . .... Assessor's Parcel No. 09-16-1051-045 TaxVear 01/02 R.E.Taxes$1475.30 SpecialAssessments$ NONE ... OJ Borrower N/A Current Owner ESTATEOFJUDITH B. LEIBY occupani:[lOwner nTenallt ncOOY.'!~!l NeiohbortlOod or Proiect Name CREEKSIDE DRIVE Project Type] PUD . fJCondominium HOA$ NlA1J.1o. Sales Price $ MARKET Date of Sale N/A Description/$arnountofloan charges/concessions to be paidbyseller N/A__~_ Property rights appraised fX1FEleSimI!!L r lLeasehold I Map Reference N/A Census Tract 3240-101 . Note: Race and the racial composition of the neighborhood are not appraisal factors. .. n . ...... __ · Location 0 Urban 00 Suburban 0 Rural Property values U Increasing ~ Stable U Declining Single family housing Qrdcntj,m11cu!li1l .. rVl 0 0 0 rVl 0 PRICE AGE PRICE AGE . Built up tlSJOver 75% 25-75% Under 25% Demand/supply Shortage tlSJ In balance Oversupply $(000) (yrs) $(000) (yrs) · Growlhrate nRapid rxl Stable n Slow Marketing time n Under3mos.fX] 3-6 mos. o Over 6 mos. 35 Low 40 N/A Low N/A OJ Neighborhood boundaries THE NEIGHBORHOOD BOUNDARIES CONSIST OF THE HOMES IN THE r..145 High +1 QQ ~__f"J/~ HiR~~_l'J/A AREA COMMONLY KNOWN AS THE CREEKSIDE DRIVE AREA OF ENOLA, LOCATED IN EAST _ Predominallt..--L Predominant PENNSBORO TOWNSHIP. I 75 . --E5Sr NiA N/A Dimensions 29.03 X 43.8 X 1 X 421.40 X 31.93 X 451.20 Site area 14195 SF Shape IRREGULAR Specific zoning classification and description R2. RESIDENTIAL MULTI FAMILY & 100 YEAR FLOOD PLAIN Zoning compliance (E) Legal 0 Legal nonconforming (Grandfathered use); 0 Illegal, attach description R No zoning Hiahest and best use of subiect orooertv as imoroved (or as oroposed per plans and specifications): [Xl Present use Other use. attach description. Utilities Public Other Public Other Off-site Improvements Type Public Private Electricity (E) Water 0 WELL Street MACADAM (E) 0 Gas n Sanitary sewer fX] Alley NONE 0 0 Are there any aooarent adverse site conditions (easements encroachments. special assessments slide areas etc.)? r xl Ves r No If Ves attach descripti~;;:- See Atte Source(s) used for physical characteristics of property:~ Interior and exterior inspection 0 Exterior inspection from street 0 Previo~sappraisal files.... n MLS nAssessment and tax records h Prior Inspection n Property owner n Other (Describe): No. of Stories 2 Tvoe lDel./AtU DETACHED Exterior Walls VINYL & SHINGLE Roof Surface TIN Manufactured Hou~inaD '(es_0N~ Does the orooertv oenerallv conform to the neiohborhood in terms of style. condition, and construction materials? [X I. Ves [ ] No If No attach descriotion. . Are there any apparent physical deficiencies or conditions that would affect the soundness or structural integrity of the improvements or the livability of the property? : !Xl Ves h.No If Ves, aUach description. HOLE IN ROOF. Are there any apparent adverse environmental conditions (hazardous wastes, toxic substances, etc.) present in the improvements, on the site, or in the immediate vicinity of the subiect orooertv? n Yes !Xl No If Yes attach descriotion. .. I researched the subject market area for comparable listings and sales that are the most similar and proximate to the subject property. My research revealed a total of 8 sales ranging in sales price from $ 12,415to $ 115,000. My research revealed a total of N/A listings ranging in list price from $ N/A to $ N/A. The analvsis of the comoarable sales below rellects market reaction to sianificant variations between the sales and the subject property. FEATURE SUBJECT SALE 1 SALE 2 SALE 3 54 CREEKSIDE DRIVE 519 GOOD HOPE ROAD 5681 CREEKVIEW ROAD 517 GOOD HOPE ROAD Address ENOLA MECHANICSBURG MECHANICSBURG MECHANICSBURG Proximity to Subiect 2.5 MILES 3.0 MILES 2.5 MILES Sales Price $ MARKET $ 50000 $ 68,000 $ PricelGrossLiv.Area $ 0.00 ~ $ 66.14~ $ 67.39~ $ 17.24~ Data & Verif. Sources MULTI-LIST & COUNTY STEBS MULTI-LIST & COUNTY STEBS MULTI-LIST & COUNTY STEBS VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION I +(.)$Mjullmert DESCRIPTION I +(.)$~ DESCRIPTION I +(.)$ft4JslmerI Sales or Financing CONVENTIONAL : CONVENTIONAL : CASH : Concessions 143 DOM: 40 DOM : 55 DOM : Date of SalelTime N/A 06/21/2001: 04/28/2000: 11/28/2000: Location SUBURBAN SUBURBAN, SUBURBAN, SUBURBAN, Site 14195SF/ELONGATE 21900 SF/SQUARE: -5000 5353 SFIRECTANG.: 10000 SF/SQUARE: View CREEK CREEK : CREEK : CREEK : Desion (Style) 2 STORY 2 STORY: 1 STORY: 2 STORY ~ Actual Aae (Yrs.) 100 80 ' 70 ' 100 : . Condition FAIR BELOW AVERAGI: -10000 AVERAGE ' -20000 POOR ' . Above Grade Total ' Bdrms' Baths Total: Bdrms: Baths : Total : Bdrms' Baths ' Total : Bdrms' Baths ' . RoomCount 8 : 4 ,1.00 4: 2 : 1.00 : 5 : 2 : 1.00 : 4 : 2: 0 : . GrosslM1aArea 1.536 Sa. FI. 756 Sq. Ft.: +3900 1 009 Sq. Ft.: +2600 720 Sq. FI.: : BasmJentandFni5hed FULL BSMNT CRAWL SPACE: +1,500 CRAWL SPACE: +1,500 FULL BSMNT Rooms Below Grade UNFINISHED N/A : N/A : UNFINISHED . Garalle/Caroort NONE OFF STREET : -4 000 1 DET GAR/FAIR , -5 000 OFF STREET EXTRA'S PORCHES DECK : PORCHES: PORCHES .. EXTRA'S SHED SHED LOFT RM: -4000 FIREPLACE : -1000 PAVILION Net Adi. (totall fl+ fxl- :$ 17600 11+ IXI- :$ 219001lx]+ 11- Adjusted Sales Price Gross: 56.8% Gross: 44.3% Gross: 194.1 % of Comparables Nel: -35.2% $ 32 400 Nel: -32.2% $ 46 100 Nel: 81.4% Date of Prior Sales N/A N/A N/A N/A Price of Prior Sales $ N/A $ N/A $ N/A $ Analysis of any current agreement of sale, option, or listing of the subject property and analysis of the prior sales of subject and comparables: N/A '. ~~FannieMae LIMITED SUMMARY APPRAISAL REPORT . . ~ Desktop Underwriter Quantlt~~iYe Analysis Appr.l.al~f)port File No.: PVT5024 : , , , , , , , , :$ $ u1?,.415 -3 000 +1.0,000 +3,000 +4,JOQ - -4 000 J91. 100 22515 N/A Summary of sales comparison and value conclusion: NO RECENT SALES, SIMILAR IN NATURE TO THE APPRAISED PROPERTY COULD BE LOCATED. THEREFORE SIMILAR CREEK SIDE PROPERTY SALES FROM ANOTHER NEIGHBORHOOD WERE USED FORu COMPARISON AND MARKET DATA OF CLOSED SALES WAS CONSIDERED SUFFICIENT. ALL SALES WERE CLOSED AND CONSIDERED EQUALLY WHEN ARRIVING AT MARKET VALUE. TnhiS appraisal is made US) "as-is". or U subject to colJ1lletion per plans and specifications on the basis of a hypothetical condition that the improvements have been completed, or subiectto the followino reoairs, alterations or conditions: BASED ON AN UEXTERIOR INSPECTION FROM THE STREET OR AN [Z] INTERIORANDEXTERICRINSPECTlON,I ESTIMATE THE MARKET VALUE, AS DEFINED, OF THE REAL PROPERTY THATlS THE SUBJECT OF THIS REPORT TO BE $ 35,000 , AS OF 10/17/2001 10CH. PAGE 1 OF 3 This am _lI'oduced on !he ACt c...lopmenl Rap~Forms .!'..... (!OD)23U721 Fannie Mae Form 2055 9-96 ADDENDUM . Borrower: N/A Property Address: 54 CREEKSIDE DRIVE City: ENOLA lender: Fi!E! NQ;~pyr5()24 Case No.: State: PA Zip: 17025 Adverse Site Conditions THE NARROW ELONGATED SITE IS MOSTLY LOCATED IN A FLOOD HAZARD AREA "A18", AS PER COMMUNITY PANEL 420359B H&I-03, DATED APRIL 15, 1977. THE IMPROVEMENTS ARE LOCATED OUTSIDE OF THE FLOOD HAZARD AREA. THE IMPROVEMENTS ARE LOCATED ALONG THE PUBLIC RIGHT-OF-WAY AND HAS NO FRONT YARD. Addendum Page1 of 1 FLOORPLAN Borrower: N/A . Property Address: 54 CREEKSIDE DRIVE City: ENOLA Lender: FileNo.: PVT5024 Case No.: State: PA Zip: 17025 120' ~---~--.ENCLOSED I I ~I I PORCH CO TWO STORY BASEMENT o N ('i) ~I 24.0' I <0 I PORCH I L____________J Sketch by Apex IV Windows ™ AREA CALCULATIONS SUMMARY LIVING AREA BREAKDOWN Code Description Size Totals Breakdown Subtotals GLAl First Floor 768.00 768.00 First Floor GLA2 Second Floor 768.00 768.00 24.0 x 32.0 768.00 BSMT Basement 768.00 768.00 Second Floor PIP Porch 144.00 24.0 x 32.0 768.00 Enclosed Porch 96.00 240.00 TOTAL LIVABLE ,,,",.." ',,' ,,' (rounded) 1536 2 Areas Total (rounded) 1536 Borrower: N/A Property Address: 54 CREEKSIDE DRIVE City: ENOLA Lender: State: PA Zip: 17025 " I,,', ''<(,. I-:;-:';~ ~ I" i , L '1 FRONT VIEW OF SUBJECT PROPERTY Appraised Date: OCTOBER 17,2001 Appraised Value: $ 35,000 REAR VIEW OF SUBJECT PROPERTY STREET SCENE Borrower.: N/A Property Address: 54 CREEKSIDE DRIVE City: ENOLA Lender: COMPARABLE PROPERTY PHOTO ADDENDUM File No.: PVT5024 Case No.: State: PA Zip: 17025 COMPARABLE SALE #1 519 GOOD HOPE ROAD MECHANICSBURG Sale Date: 06/21/2001 Sale Price: $ 50,000 COMPARABLE SALE #2 5681 CREEKVIEW ROAD MECHANICSBURG Sale Date: 04/28/2000 Sale Price: $ 68,000 COMPARABLE SALE #3 517 GOOD HOPE ROAD MECHANICSBURG Sale Date: 11/28/2000 Sale Price: $ 12,415 LOCATION MAP Borrower: N/A Property Address: 54 CREEKSIDE DRIVE City: ENOLA Lender: File No.: PVT5024 Case No.: State: PA Zip: 17025 VI tl 41 .c f1Io(/) YI...;,,"""- ~' ._..".".:u,.... " .... J" ~... /< .::....... . .....,.-1' i"" ...~--- .J::lJ =' (J ._.J, i':\ "/~t: .t. " " ,'~ '" --' ", j, .,;. \:\ ";:i~81.:'~: ~:':~ ~"1,t,:!\_,,.;." \ \\,;"~~~'S,:-,,, ii::"~.'''''''\ U5 CI -< Q, p::: ;,. J:.t.l P-. o ::r:: Q o MO.. ~O o.~ OV) t~~. ~h ,r Q -< ~ ~ ~ Ni ~o a....... 000 o~ .. , ~ tI:I, ....~\/P ....~. <'''' <. , +} ~I ,,/c.' """..':~.'.:';"'..'.., I ,,00.; .'.'...' ,.~_"~,;"".' ........ ..\~' . ~ ....:I Q,I A . (lO 0. ....0. .. . ' ...... .......,:.. "..,~ ,.~\.., t............'.:... "",'.' \ . ""!'':'b'' LIMITED SUMMARY APPRAISAL REPORT Desktop Underwriter Quantitative Analysis A ralsal Re ort 'Project Information for PUDs (if applicable)--Is the developerlbuilder in control of the Home Owners' Association (HOA)? Provide the following information for PUDs only if the developerlbuilder is in control of the HOA and the subject property is an attached dwelling unit: Total number of phases Total number of units Total number of units sold Total number of units rented Total number of units for sale Data Source(s) Was the project created by the conversion of existing buildings into a PUD? 0 Yes 0 No If yes, state date of conversion: Does the project contain any multi-dwelling units? 0 Yes 0 No Data Source: Are the common elements completed? 0 Yes 0 No If No, describe status of completion: No Are any common elements leased to or by the Home Owners' Association? Describe common elements and recreational facilities: No If yes, attach addendum describing rental terms and options. Project Information for Condominiums (if applicable)--Is the developer/builder in control of the Home Owners' Association (HOA)? Provide the following information for all Condominium Projects: Total number of phases Total number of units Total number of units rented Total number of units for sale Was the project created by the conversion of existing buildings into a condominium? 0 Yes 0 No Project Type: 0 Primary Residence 0 Second Home or Recreational 0 Row or Townhouse . Condition of the project, Quality of construction, unit mix, etc.: . No Total number of units sold Data Source( s) If yes, date of conversion: o Garden 0 Midrise · Are the common elements completed? No If No, describe status of completion: Are any common elements leased to or by the Home Owners' Association? Describe common elements and recreational facilities: No If yes, attach addendum describing rental terms and options. PU RPOSE OF APPRAISAL: The purpose of this appraisal is to estimate the market value of the real property that is the subject of this report based on a quantitative sales comparison analysis for use in the mortgage finance transaction. DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby: (1) buyer and seller are typically motivated; (2) both parties are well informed or well advised, and each acting in what he considers his own best interest; (3) a reasonable time is allowed for exposure in the open market; (4) payment is made in terms of cash in U.S. dollars or in terms of financial arrangements comparable thereto; and (5) the price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions. granted by anyone associated with the sale. . Adjustments to the comparables must be made for special or creative financing or sales concessions. No adjustments are necessary for those costs which are normally paid by sellers as a result of tradition or law in a market area; these costs are readily identifiable since the seller pays these costs in virtually all sales transactions. Special or creative financing adjustments can be made to the comparable property by comparisons to financing terms offered by a third party institutional lender that is not already involved in the property or transaction. Any adjustment should not be calculated on a mechanical dollar for dollar cost of the financing or concession but the dollar amount of any adjustment should approximate the market's reaction to the financing or concessions based on the appraiser's judgment. STATEMENT OF LIMITING CONDITIONS AND APPRAISER'S CERTIFICATION CONTINGENT AND LIMITING CONDITIONS: The appraiser's certification that appears in the appraisal report is subject to the following conditions: 1. The appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the title to it. The appraiser assumes that the title is good and marketable and, therefore, will not render any opinions about the title. The property is appraised on the basis of it being under responsible ownership. 2. The appraiser has provided any required sketch in the appraisal report to show approximate dimensions of the improvements and the sketch is included only to assist the reader of the report in visualizing the property and understanding the appraiser's determination of its size. 3. The appraiser 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. 4. The appraiser has noted in the appraisal report any adverse conditions (such as, but not limited to, needed repairs, 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, expressed or implied, regarding the condition of the property. The appraiser will not be responsible for any such conditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist. Because the appraiser is not an expert in the field of environmental hazards, the appraisal report must not be considered as an environmental assessment of the property. 5. 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. 7. The appraiser must provide his or her prior written consent before the lender/client specified in the appraisal report can distribute the appraisal report (including conclusions about the property value, the appraiser's identity and professional designations, and references to any professional appraisal organizations or the firm with which the appraiser is associated) to anyone other than the borrower; the mortgagee or its successors and assigns; the mortgage insurer; consultants; professional appraisal organizations; any state or federally approved financial institution; or any department, agency, or instrumentality of the United states or any state or the District of Columbia; except that the lender/client may distribute the report 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. 8. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to completion per plans and specifications on the basis of a hypothetical condition that the improvements have been completed. 9. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to completion, repairs, or alterations on the assumption that completion of the improvements will be performed in a workmanlike manner. 10CH. PAGE 2 OF 3 Fannie Mae Form 2055 9-96 This am was produced on tho Act Oeve!ojJmant RapldFlW,. syalem (8OO)234-8n7 LIMITED SUMMARY APPRAISAL REPORT Desktop Underwriter Quantitative Anal,sls Appraisal Report APPRAISER'S CERTIFICATION: The Appraiser certifies and agrees that: 1. i performed this appraisal by (1) personally inspecting from the street the subject property and neighborhood and each of the comparable sales (unless I have otherwise indicated in this report that I also inspected the interior of the subject property); (2) collecting, confirming, and analyzing data from reliable public and/or private sources; and (3) reporting the results of my inspection and analysis in this summary appraisal report. I further certify that I have adequate information about the physical characteristics of the subject property and the comparable sales to develop this appraisal. File No.: PVT5024 2. I have researched and analyzed the comparable sales and offeringsllistings in the subject market area and have reported the comparable sales in this report that are the best available for the subject property. I further certify that adequate comparable market data exists in the general market area to develop a reliable sales comparison analysis for the subject property. 3. 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 further certify that I have noted any apparent or known adverse conditions in the subject improvements, on the subject site, or on any site within the immediate vicinity of the SUbject property of which I am aware, have considered these adverse conditions in my analysis of the property value to the extent that I had market evidence to support them, and have commented about the effect of the adverse conditions on the marketability of the subject property. 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. 4. I stated in the appraisal report only my own personal, unbiased, and professional analysis, opinions, and conclusions, which are subject only to the contingent and limiting conditions specified in this form. 5. I have no present or prospective interest in the property that is the subject of this report, and I have no present or prospective personal interest or bias with respect to the participants in the transaction. I did not base, either partially or completely, my analysis and/or the estimate of market value in the appraisal report on the race, color, religion, sex, age, marital status, handicap, familial status, or national origin of either the prospective owners or occupants of the su.bject property or of the present owners or occupants of the properties in the vicinity of the subject property or on any other basis prohibited by law. 6. 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. 7. 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. 8. I estimated the market value of the real property that is the subject of this report based on the sales comparison approach to value. I further certify that I considered the cost and income approaches to value, but, through mutual agreement with the client, did not develop them, unless I have noted otherwise in this report. 9. I performed this appraisal as a limited appraisal, subject to the Departure Provision of 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 the place as of the effective date of the appraisal (unless I have otherwise indicated in this report that the appraisal is a complete appraisal, in which case, the Departure Provision does not apply). 10. I acknowledge that an estimate of a reasonable time for exposure in the open market is a condition in the definition of market value. The exposure time associated with the estimate of market value for the subject property is consistent with the marketing time noted in the Neighborhood section of this report. The marketing period concluded for the subject property at the estimated market value is also consistent with the marketing time noted in the Neighborhood section. 11. I personally prepared all conclusions and opinions about the real estate that were set forth in the appraisal report. I further certify that no one provided significant professional assistance to me in the development of this appraisal. SUPERVISORY APPRAISER'S CERTIFICATION: If a supervisory appraiser signed the appraisal report, he or she certified and agrees that; I directly supervise the appraiser who prepared the appraisal report, have examined the appraisal report for compliance with the Uniform Standards of Professional Appraisal Practice, agree with the statements and conclusions of the appraiser, agree to be bound by the appraiser's certifications numbered 5 through 7 above, and am taking full responsibility for the appraisal and the appraisal report. APPRAISER: Signature: ~~~ Name: REYNOLD R. WOOF, JR. IF S Company Name: WOOF APPRAISAL GROUP Company Address: 302 S. FRONT STREET WORMLEYSBURG, PA 17043 Date of Report/Signature: 10/23/2001 State Certification #: GA-000002-L or State License #: State: P A Expiration Date of Certification or License: JUNE 3D, 2003 STATE CERTIFIED GENERAL REAL ESTATE APPRAISER SUPERVISORY APPRAISER (ONLY IF REQUIRED): Signature: Name: Company Name: Company Address: Date of Report/Signature: State Certification #: or State License #: state: Expiration Date of Certification or License: ADDRESS OF PROPERTY APPRAISED: 54 CREEKSIDE DRIVE ENOLA, PA 17025 APPRAISED VALUE OF THE SUBJECT PROPERTY $ 35,000 EFFECTIVE DATE OF APPRAISAL/INSPECTION 10/17/2001 SUPERVISORY APPRAISER: SUBJECT PROPERTY o Did not inspect subject property o Did inspect exterior of subject property from street o Did inspect interior and exterior of subject property COMPARABLE SALES o Did not inspect exterior of comparable sales from street o Did inspect exterior of comparable sales from street LENDER/CLIENT: Name: TIMOTHY LEIBY, ADMINISTRATOR Company Name: Company Address: 2430 S. M4.RKET STREET, MECHANICSBURG, PA 17055 10CH. PAGE 3 OF 3 This form was praduoed on the ACI Development RopijForms .yslllm (800)234-8727 Woof Appraisal Group Fannie Mae Form 2055 9-96 REV~ 1508 E~.;. (1-97) SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER ,Xtdith D. ~ "h~ Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with the right of survivorship must be disclosed on Schedule F. ITEM NUMBER 1. DESCRIPTION bed! L bcdo(l C-e crt w-ie of- cl-eCt+h ChectillC\ oLLCUrL YN L b(i.nL <(_no. u 'FA IloU VALUE AT DATE OF DEATH .$ ! '2\ '\ \c.. : I:) d. J 2. IQQO ((:(0 ~[)<;+o( -pcor ccrJi1')(() .1> \ \ DO. 00 I 3. F'urn is,hi0C~ S -vea LiflC\ it'()I\ ..., ~ 0'2-5'.00 l..\ eJc;+h-,nS ~ 200.0D c (cb tu (v"\e j€- we ( \~ ....J. 'It' 1{)(j.0\.) (P. ~\ D\~ ')~ \-Icl.d I \-+e ,n<;,. j \ DO.a) TOTAL (Also enter on line 5, Recapitulation) $ 3'--1?il. \ '5' (If more space is needed, insert additional sheets of the same size) REV-1511 EX+ (12-99) \, ~'I~;~ ~;;r .COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS ESTATE OF J..t cl it h 1). l {> ; b.J FILE NUMBER Debts of decedent must be reported on Schedule I. ITEM NUMBER A. DESCRIPTION AMOUNT 1. FUNERAL EXPENSES: Cremancn So(i..t"t\~ of- v.e(l(l~l/l \,Un iCj ~+c:(l-e (J'lurch le('(Jetory A 7-e(+ec1 ftEf-c{Ir--- (+i~.e(~) GUIYf 'Food~ ..- 11. 1.1,00 \ -L~. 00 2oC),OO 3 Q I.. 00 (}\P' 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 _~_ lip Year(s) Commission Paid: 2. Attorney Fees 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) ~o~3.\).. Claimant Street Address City State _ lip Relationship of Claimant to Decedent 4. Probate Fees 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. TOTAL (Also enter on line 9, Recapitulation) $ 5 q q I. I;L (If more space is needed, insert additional sheets of the same size) REV.1512 EX + (1-97j SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS Le;b'-f FILE NUMBER COMMONWEALTH OF PENNSYLVANIA · INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Jlt.c1,+h D. Include unreimbursed medical expenses. ITEM NUMBER 1, DESCRIPTION L', e() 00 ( -€ (1 \ e ~+cc~.__ Fu.I-fvrl1S(.I.IIL Po fur l{8S-' lL41(~*;r PA Il\c0Y 2. 3. '1. 1 P C1,--L, A-T '"t! V-k?( I v:;n ,q.8c.. Pu-e I O;l- h. ---. fa. Carr-Ln "'" + 0...bl-e.. ~as+r.f(1()<;bt)(O ~(~, + ~"n;+c;.iJO'I tG:~+ P--t:()(1;,1ooru <;c\'")eo\ T o..x '1 o o. (1. iLl > t --P.eI'Y'l~t:or Q Q. -€u \ [ t;.+c..k TN 10. ~+-{.t.()d'il"Y.1 1'Y\-ed;u.J' 't:\i"t; ncrl L{)"''-e(l'~ AMOUNT ~ 33,370.<13 I~L,.OI 23.t3S 3 (lYlfl 11...jl.(. ~3 l,l(.'20 t'l (' SU Il \ '). L 1.0 ~Jlf7..00 ( 3<6.00 TOTAL (Also enter on line 10, Recapitulation) (If more space is needed, insert additional sheets of the same size) $ ,-/0 ,loO?>. i3 0/ STATUS REPORT UNDER RULE 6.12 Name of Decedent: )u rU:llL]) l f' ;biJ Date of Death: 5- 19..:.OJ Will No. t:li-Ol-SS>'I 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 X No 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 No X d. Copies of receipts, releases, joinders and approvals of formal or informal accounts may be filed with the Cerk of the Orphans' Court and may be attached to this report. Date:~ ~'<?/ /'" Signa r ~. rint) "-0 ':":' N ("-J CD l.i.J L:.... blf3 pA Il\)~S -':c. p .,",1 .0 ,_ s::: ~i.? :5 ,."~ -' ...... nn ) 'lqb-/~tD( Tel. No. Capacity: X Personal Representative Counsel for personal representative (MAH:rmf/AM3) \, /6--C:;Lgp-d BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION DEPT. 280601 HARRISBURG, PA 17128-0601 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF INHERITANCE TAX APPRAISEHENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSHENT OF TAX TIMOTHY M LEI'iN 2430 S MARKET ST MECHANICSBU~9 _ i'l I' v 11) I L \ '" :C:i( DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN 05-06-2002 LEIBY 05-19-2001 21 01-0584 CUMBERLAND 101 '* REY-1547 EX AFP 101-02l JUDITH D PA 17055 Amount Remitted t~;t ..i I';, MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR RECORDS ~ REV =is'4-j-E3f-AFP--COY:02Y-NOYicE--OF-YNHEifiTAifcE-YA'x-'A-PPR'A-isEi"-ENT~--AiroWANCE-(fti-------------- --- DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF LEIBY JUDITH D FILE NO. 21 01-0584 ACN 101 DATE 05-06-2002 TAX RETURN WAS: (X) ACCEPTED AS FILED ) CHANGED NOTE: If an assessment was issued previously, lines 14, 15 and/or 16, 17, 18 and 19 will reflect figures that include the total of ALL returns assessed to date. ASSESSMENT OF TAX: 15. Amount of Line 14 at Spousal rate (15) 16. Amount of Line 14 taxable at Lineal/Class A rate (16) 17. Amount of Line 14 at Sibling rate (17) 18. Amount of Line 14 taxable at Collateral/Class B rate (18) 19. Principal Tax Due TAX CREDITS: .00 X 00 = .00 36,837.90 X 045 = 1,657.71 .00 X 12 = .00 .00 X 15 = .00 (19)= 1,657.71 RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) 3. Closely Held Stock/Partnership Interest (Schedule C) 4. Hortgages/Notes Receivable (Schedule D) 5. Cash/Bank Deposits/Hisc. Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) 7. Transfers (Schedule G) 8. Total Assets (1) (2) (3) (4) (5) (6) (7) 80,000.00 .00 .00 .00 3,437.15 .00 .00 (8) APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Adm. Costs/Hisc. Expenses (Schedule H) 10. Debts/Hortgage Liabilities/Liens (Schedule I) 11. Total Deductions 12. Net Value of Tax Return 13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) 14. Net Value of Estate Subject to Tax (9) (10) 5,991.12 40.608.13 (11) (12) (13) (14) NOTE: To insure proper credit to your account, submit the upper portion of this form with your tax payment. 83,437.15 46.599 25 36,837.90 .00 36,837.90 ,,~~~. II (+J AHOUNT PAID DATE NUHBER INTEREST/PEN PAID (-J 08-16-2001 CDOOO170 78.95 1,500.00 02-19-2002 CDOO0869 .00 78.76 TOTAL TAX CREDIT 1,657.71 BALANCE OF TAX DUE .00 INTEREST AND PEN. .00 TOTAL DUE .00 · IF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. ( IF TOTAL DUE IS LESS THAN $1, NO PAYHENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU HAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORH FOR INSTRUCTIONS.) RESERVATION: Estates of decedents dying on or before December 12, 1982 -- if any future interest in the estate is transferred in possession or enjoyment to Class B (collateral) beneficiaries of the decedent after the expiration of any estate for life or for years, the Commonwealth 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 OF NOTICE: PAYMENT: REFUNO (CR): OBJECTIONS: ADMIN- ISTRATIVE CORRECTIONS: DISCOUNT: PENALTY: INTEREST: To fulfill the requirements of Section 2140 of the Inheritance and Estate Tax Act, Act 23 of 2000. (72 P.S. Section 9140). Detach the top portion of this Notice and submit with your payment to the Register of Wills printed on the reverse side. --Make check or money order payable to: REGISTER OF HILLS, AGENT A refund of a tax credit, which was not requested on the Tax Return, may be requested by completing an "Application for Refund of Pennsylvania Inheritance and Estate Tax" (REV-1313). Applications are 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 forms ordering: 1-800-362-2050; services for taxpayers with special hearing and I or speaking needs: 1-800-447-3020 (TT only). Any party in interest not satisfied with the appraisement, allowance, or disallowance of deductions, or assessment of tax (including discount or interest) as shown on this Notice must object within sixty (60) days of receipt of this Notice by: --written protest to the PA Department of Revenue, Board of Appeals, Dept. 281021, Harrisburg, PA 17128-1021, OR --election to have the matter determined at audit of the account of the personal representative, OR --appeal to the Orphans' Court. Factual errors discovered on this assessment should be addressed in writing to: PA Department of Revenue, Bureau of Individual Taxes, ATTN: Post Assessment Review Unit, Dept. 280601, Harrisburg, PA 17128-0601 Phone (717) 787-6505. See page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident Decedent" (REV-150!) for an explanation of administrativelY correctable errors. If any tax due is paid within three (3) calendar months after the decedent's death, a five percent (5Z) discount of the tax paid is allowed. The 15Z tax amnesty non-participation penalty is computed 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 amnesty period. This non-participation penalty is appealable in the same manner and in the the same time period as you would appeal the tax and interest that has been assessed as indicated on this notice. Interest is charged beginning with first day of delinquency, or nine (9) months and one (1) day from the date of death, to the date of payment. Taxes which became delinquent before January 1, 1982 bear interest at the rate of six (6Z) percent per annum calculated at a daily rate of .000164. All taxes which became delinquent on and after January 1, 1982 will bear interest at a rate which will vary from calendar year to calendar year with that rate announced by the PA Department of Revenue. The applicable interest rates for 1982 through 2002 are: Year Interest Rate Daily Interest Factor Year Interest Rate Oaily Interest Factor 1982 20Z .000548 1992 9Z .000247 1983 16Z .000438 1993-1994 n .000192 1984 llZ .000301 1995-1998 9Z .000247 1985 13Z .000356 1999 n .000192 1986 10Z .000274 2000 8Z .000219 1987 9Z .000247 2001 9Z .000247 1988-1991 llZ .000301 2002 6Z .000164 --Interest is calculated as follows: INTEREST = BALANCE OF TAX UNPAID X NU"BER OF DAYS DELINQUENT X DAILY INTEREST FACTOR --Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (15) days beyond the date of the assessment. If payment is made after the interest computation date shown on the Notice, additional interest must be calculated. JI. E - BEFORE THE REGISTER OF WILLS, CUMBERLAND COUNTY, PENNSYL VANIA CERTIFICATION OF NOTICE UNDER RULE 5.6(a) Name of Decedent: Judith D. Leiby Date of Death: May 19, 2001 No. 2001-00584 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 August 10, 2001. Name Address Timothy Leiby 2430 South Market Street Mechanicsburg, P A 17055 Christopher Leiby 54 Creekside Drive Enola, P A 17025 Matthew Leiby 54 Creekside Drive Enola, P A 17025 Jonathan Leiby 203 Bridge Street, 151 Floor New Cumberland, PA 1707{} Jordan Leiby 2430 South Market Street Mechanicsburg, PA 17055 . Amanda Kang 1710 Market Street, Apt. 17 Camp Hill, PA 17011 Rachael Leiby 45 Creekside Drive Enola, P A 17025 Rebekah Leiby 431 Bridge Street, Apt. 35 New Cumberland, PA 17070 . A . Sarah Leiby 539 Market Street New Cumberland, PA 17070 Nova Eshara Shard 6961 Holly Drive Ft. Lewis, W A 98433 Notice has now been given to all persons entitled thereto under Rule 5.6(a) except: None Date: August 10, 2001 \~.. 'k.~ Debra K. Wallet, Esquire 24 N. 32nd Street Camp Hill, PA 17011 (717) 737-1300 Counsel for personal representative ,...t. ....1 .... !... r..l. (..1 + (,.I (..1 /'t) 1:..1 - - - _. :=: .:= ? - - - - - _. - - -.. _. - L } () }- ~ ~ ~..-:-~ , ; .,' . ,~\. ,'j'! 7'.... :,' . .' \)"~\ \ . 1\, "" P'c.\ I~.,i -o_~ I C..\ -_....,". _0. \/~ ...-.... c,' r~ ." ,-",":, . 1 #' .- ;:::J _nP b" r- i <.8>. ~ ~ ~, v-. -+ '""'\ :t: r r Q.. ~ c _. :D~bE - (('3' lA ~~ -+-- o €-c: 1:5 GJ~$~ ~ ~ ~ f - - V' ~ j '1\ I ,f If & ~; r ~N " -I>. " w to"'! :t too>... ...Cl ! l::S~ l:l-::r-'" 1:::;,..)- ~ ~J ~1lI-t'-< ....~C\ .... ". 'J:;>~ 0-' . " ...." r.., .. l ~ .. ] 1 \; ~ :j g l ,~ Cd' " ! , , ! \ ~., l ; ~l "i '; I I.. to " I -. 'ft .- ~ I ,~~..'" , ~, . 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(11-961 NO. CD 000170 .. IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY PENNSYL VANIA ORPHANS' COURT DIVISION IN RE: Estate of JUDITH D. LEIBY, Deceased Estate No. 2001-00584 PRAECIPE TO WITHDRAW AS COUNSEL Please note on the docket that I have withdrawn as counsel for Administrator of the Estate of Judith D. Leiby. I ask that the name of Debra K. Wallet be stricken from the docket and that I be relieved of any further legal responsibility with respect to this Estate. Respectfully submitted, \.Q~ \t. WAAMr Debra K. Wallet, Esquire 24 North 32nd Street Camp Hill, PA 17011 (717) 737-1300 J.D. No. 23989 .. '. IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY PENNSYL VANIA ORPHANS' COURT DIVISION INRE: Estate of JUDITH D. LEIBY, Deceased Estate No. 2001-00584 PROOF OF SERVICE I, Debra K. Wallet, Esquire, hereby certify that on October 14, 2002, I served a copy of the attached PRAECIPE TO WITHDRAW AS COUNSEL by regular first class mail, postage pre-paid, addressed as follows: Timothy Leiby, Administrator Estate of Judith D. Leiby 2430 South Market Street Mechanicsburg, PA 17055 \.O~~.~ Debra K. Wallet, Esq. 24 North 32nd Street Camp Hill, PA 17011 (717) 737-1300 J.D. No. 23989