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Home My WebLink About05-08-08 --I 15056041125 REV-1500 EX (06-05) PA Department of Revenue '* Bureau of Individual Taxes INHERITANCE TAX RETURN PO BOX 280601 Harrisburg, PA 17128-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death OFFICIAL USE ONLY County Code Year 2 1 0 7 File Number 035 0 Date of Birth 198 -2 2-76 03252 0 0 7 02171933 Decedent's last Name Suffix Decedent's First Name MI SEE D S R I C H A R D G (If Applicable) Enter Surviving Spouse's Information Below Spouse's last Name Suffix Spouse's First Name MI Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW [&) 1. Original Return o 4. limited Estate [&) 6. Decedent Died Testate (Attach Copy of Will) o 9. litigation Proceeds Received o 2. Supplemental Return 0 3. Remainder Return (date of death prior to 12-13-82) o 4a. Future Interest Compromise (date of 0 5. Federal Estate Tax Return Required death after 12-12-82) o 7. Decedent Maintained a living Trust ~ 8. Total Number of Safe Deposit Boxes (Attach Copy of Trust) D 10. Spousal Poverty Credit (date of death 0 11. Election to tax under Sec. 9113(A) between 12-31-91 and 1-1-95) (Attach Sch. 0) CORRESPONDENT - THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number CHARL ESEPETRI E Firm Name (If Applicable) 71756 1 193 9 City or Post Office State ZIP Code 1-'---REGISliR-ciF'WlLLSUSEONLY-'''''i 1 ! i (") ~ i s;:o ~ j:n ~~f~ ~ ~~ I ;:.... (/) ^ CO ::'.1;" CJ l~_H_~~~~- ~~ ~ --f - r-- ~ 1 1 '0 .. f"-- , . · )> N G'J (-::") .1 First line of address 352 8 B R S BAN S T R E E T Second line of address H A R R I S BUR G P A 1 7 1 ADDRESS 4609 152ND STREET SIGNA~r~N REPRESENTATIVE ADDRESS 3528 BRISBAN STREET APPLE VALLEY MN 55124 r)'; If Y HARRISBURG PLEASE USE ORIGINAL FORM ONLY PA 17111 Side 1 L 15056041125 15056041125 -I --.J 15056042126 REV-1500 EX Decedent's Social Security Number Decedent's Name: RICHARD G. SEEDS RECAPITULATION 198 -2 2-76 1. Real estate (Schedule A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 1. 10817688 2. Stocks and Bonds (Schedule B) .................................. 2. 13495302 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) ..... 3. 4. Mortgages & Notes Receivable (Schedule D) ........................ 4. 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) ....... 5. 6. Jointly Owned Property (Schedule F) 0 Separate Billing Requested . . . . . .. 6. 7. Inter-Vivos Transfers & Miscellaneous N.Q!!;Probate Property (Schedule G) U Separate Billing Requested. . . . . .. 7. 3507545 8. Total Gross Assets (total Lines 1-7) ........................... 8. 27820535 4592569 3 3 4 3 6 9 4926938 22893597 9. Funeral Expenses & Administrative Costs (Schedule H) . . . . . . . . . . . . . . .. 9. 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) . . . . . . . . . . . . 10. 11. Total Deductions (total Lines 9 & 10) . . . . . . . . . . . . . . . . . . . . . . . . . . . 11. 12. Net Value of Estate (Line 8 minus Line 11) . . . . . . . . . . . . . . . . . . . . . . . . . 12. 13. Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J) . . . . . . . . . . . . . . . . . . 13. 14. Net Value Subject to Tax (Line 12 minus Line 13) . . . . . . . . . . . . . . . . . . 14. 2 2 8 9 3 5 9 7 TAX COMPUTATION - SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) X .0 _ 4 5 7 8 7 2 0 15. 0 0 0 16. Amount of Line 14 taxable at lineal rate X ~ 1 8 3 1 4 8 7 7 16. 8 2 4 1 6 9 17. Amount of Line 14 taxable at sibling rate X .12 0 0 0 17. 0 0 0 18. Amount of Line 14 taxable at collateral rate X .15 0 0 0 18. 0 0 0 19. Tax Due . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19. 8 2 4 1 6 9 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT o Side 2 L 15056042126 15056042126 ---I REV-1500 EX Page 3 Decedent's Complete Address: File Number 0350 DECEDENrs NAME RICHARD G. SEEDS STREET ADDRESS 5014 E. TRINDLE ROAD CITY I STATE I ZIP MECHANICSBURG PA 17050 Tax Payments and Credits: 1. Tax Due (Page 2 Une 19) (1) 2. CreditslPayments A. Spousal Poverty Credit B. Prior Payments C. Discount 8.241.69 Total Credits ( A + B + C ) (2) 3. InterestJPenalty if applicable D. Interest E. Penalty 0.00 TotallnterestlPenalty ( 0 + E) (3) 4. If Une 2 is greater than Une 1 + Une 3, enter the difference. This is the OVERPAYMENT. FIR In oval on Page 2, Une 20 to request a refund. (4) 5. If Une 1 + Une 3 is greater than Une 2, enter the difference. This is the TAX DUE. (5) 0.00 0.00 8.241.69 A. Enter the interest on the tax due. B. Enter the total of Une 5 + 5A. This is the BALANCE DUE. (5A) (5B) 8.241.69 Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred; ...................................................................... 0 00 b. retain the right to designate who shall use the property transferred or its income; ... .. . .. . ........ .. " ..... . .. .. 0 00 c. retain a reversionary interest; or . ...... ......... ...... ........ . ....... ........ ... ..... .. .. ...... .......... .. .................... 0 00 d. receive the promise for life of either payments, benefits or care? ....................................................... 0 00 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? ....................... .......... .............. ...... ..... ....... .......... ....... ..... 0 00 3. Did decedent own an 'in trust for" or payable upon death bank account or security at his or her death? ......... 0 00 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? .. .......... ........ ....... ....... ........... .... '" ........ ........... .............. ............. 0 00 IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPlETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is three (3) percent [72 P.S. ~9116 (a) (1.1) (i)]. For dates of death on or after January 1, 1995, the tax rate imposed on the net vlillue of transfers to or for the use of the surviving spouse is zero (0) percent [72 P.S. ~9116 (a) (1.1) (ii)]. The statute does not exemot a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax retum are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is zero (0) percent [72 P.S. ~9116(a)(1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is four and one-half (4.5) percent, except as noted in 72 P.S. ~9116(1.2) [72 P.S. ~9116(a)(1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is twelve (12) percent [72 P.S. ~9116(a)(1.3)]. A sibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. REV-1502 EX + (6-98) .. COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER RICHARD G. SEEDS 0350 AD .... property owned solely or IS a tenant in common must be reported at '* market value. Fair market value is defined as the price at which property would be exchanged between a wiIIlng buyer and a willing seller, neither being compelled to buy or sell. both having reasonable knowledge of the relevant fads. ReII DIODIItv which 1lIoInIIv-owned wilt rtaht of IUrvIvonhID must be dIIcIoHd on Schedule F. SCHEDULE A REAL ESTATE ITEM NUMBER 1. DESCRIPTION REAL ESTATE AT 5014 E. TRINDLE RD. HAMPDEN TOWNSHIP, CUMBERLAND COUNTY SEE ATTACHED SETTLEMENT SHEET VALUE AT DATE OF DEATH 108,176.88 TOTAL (Also enter on line 1, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 108176.88 A. B. TYPE OF LOAN: U.S. DEPARTMENT OF HOUSING & URBAN DEVELOPMENT 1.0FHA 2.DFmHA 3. OCONV. UNINS. 4. OVA 5.0CONV. INS. 6. FILE NUMBER: 17. LOAN NUMBER: SETTLEMENT STATEMENT 93-537.031 8. MORTGAGE INS CASE NUMBER: C. NOTE: This form is furnished to give you a statement of actual settlement costs. Amounts paid to end by the settlement egent ere shown. Items marked iPOCj" were paid outside the closing; they are shown here for informational purposes and are not included in the totals. 1.0 3J98 (KENNEOV .501-4TRINOLE .PFDi93.S37.03112) D. NAME AND ADDRESS OF BORROWER: E. NAME AND ADDRESS OF SELLER: F. NAME AND ADDRESS OF LENDER: 165 Keystone L.P. Estate of Richard G. Seeds 5014 E. Trind/e Road Mechanicsburg, PA 17050 G. PROPERTY LOCATION: H. SETTLEMENT AGENT: 25-1857112 I. SETTLEMENT DATE: 5014 E. Trindle Road Midstate Abstrad Company Mechanicsburg, PA 17050 November 16, 2007 Cumberland County, Pennsylvania PLACE OF SETTLEMENT 2331 Market Street Camp Hill, PA 17011 J. SUMMARY OF BORROWER'S TRANSACTION K. SUMMARY OF SELLER'S TRANSACTION 100. GROSS AMOUNT DUE FROM BORROWER: 400. GROSS AMOUNT DUE TO SELLER: 101. Contract Sales Price 113000.00 401. Contrad Sales Price 113,000.00 102. Personal Prooertv 402. Personal ProDertV 103. Settlement Charaes to Borrower (Line 1400) 3 232.25 403. 104. 404. 105. 405. Adjustments For Items Paid By Seller in advance Adjustments For Items Paid Bv Seller in adv8nce 106. Cityrrown Taxes to 406. CltvlTown Taxes to 107. County Taxes 11/16/07 to 01101108 37.14 407. County Taxes 11/16107 to 01/01/08 37.14 108. School Taxes 11/16/07 to 07/01/08 663.14 408. School Taxes 11/16/07 to 07/01/08 663.14 109. 4th atr. Refuse 11/16/07 to 01/01/08 24.34 409. 4th atr. Refuse 11/16/07 to 01/01/08 24.34 110. 410. 111. 411. 112. 412. 120. GROSS AMOUNT DUE FROM BORROWER 116,956.87 420. GROSS AMOUNT DUE TO SELLER 113,724.62 200. AMOUNTS PAID BY OR IN BEHALF OF BORROWER: 500. REDUCTIONS IN AMOUNT DUE TO SELLER: 201. DeDosit or earnest money 10.000.00 501. Excess DeDoslt (See Instrudions) 202. Principal Amount of New Loan(s) 502. Settlement Charaes to Seller (line 1400) 5.689.74 203. Existino 10an(S) taken subiect to 503. Exlstino loan(s) taken subject to 204. 504. Payoff of first Mortgage 205. 505. Payoff of second Mortaaae 206. 506. 207. 507. (DeDOslt disb. as Droceeds) 208. 508. 209. 509. Adiustments For Items Unpaid Bv Seller Adjustments For Items Unoaid Bv Seller 210. CitvlTown Taxes to 510. Citvrrown Taxes to 211. County Taxes to 511. County Taxes to 212. School Taxes to 512. School Taxes to 213. 513. 214. 514. 215. 515. !216. 516. -217. 517. 218. 518. 219. 519. 220. TOTAL PAID BYIFOR BORROWER 10,000.00 520. TOTAL REDUCT/ON AMOUNT DUE SELLER 5,689.74 300. CASH AT SETTLEMENT FROMITO BORROWER: 800. CASH AT SETTLEMENT TO/FROM SELLER: 301. Gross Amount Due From Borrower (Line 120) 116 956.87 601. Gross Amount Due To Seller (Line 420) 113 724.62 302. . Less Amount Paid BylFor Borrower (Line 220) ( 10,000.00) 602. Less Reductions Due Seller (Line 520) ( 5,689.74 303. CASH ( X FROM) ( TO) BORROWER 106,956.87 603. CASH ( X TO) ( FROM) SELLER 108,034.88 - The undersigned hereby acknowledge receipt of a completed copy of pages 1 &2 of this statement & any attachments referred to herein. ~rr~r ~ r Ke stone L.P. L,~~ Seller c/~cA- Estate of Richard G. Seeds L. SEnLEMENT CHARGES 700. TOTAL COMMISSION Based on Price $ 113,000.00 @ 4.0000 % 4.520.00 PAID FROM PAID FROM Division of Commission (line 700) 8S Follows: BORROWER'S SELLER'S 701. $ 4,520.00 to Ensminger Auctioneers FUNDS AT FUNDS AT 702.$ to SETTLEMENT SETTLEMENT 703. Commission Paid at Settlement 4,520,00 704. to 800. ITEMS PAYABLE IN CONNECTION WITH LOAN 801. Loan Origination Fee % to 802. Loan Discount % to 803. Appraisal Fee to 804. Credit Report to 805. Lender's Inspection Fee to 806. Mortgage Ins. App. Fee to 807. Assumption Fee to 808. 809. 810. 811. 900. ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE 901. Interest From to @ $ Iday ( days %) 902. MIP Totlns. for LifeOfLoan for months to 903. Hazard Insurance Premium for 1.0 years to 904. 905. 1000. RESERVES DEPOSITED WITH LENDER 1001. Hazard Insurance months ~ , $ per month 1002. Mortgage Insurance months ~ , $ per month 1003. Cityrrown Taxes months ~ $ per month 1004. County Taxes months ~ $ per month 1005. School Taxes months . @ $ per month 1006. months @ $ per month 1007. months @ $ per month 1008. months @ $ per month 1100. TITLE CHARGES 1101. Settlement or Closing Fee to 1102. Abstract or Title Search to 1103. Title Examination to 1104. Title Insurance Binder to 1105. Electronic Document Prep. to 1106. Closing Service Letter to 1107. Attorney's Fees to (includes above item numbers: ) 1108. Title Insurance to MIDST ATE ABSTRACT 923.75 (includes above item numbers.11 02, 1103 & 1104 ) 1109. Lender's Coverage $ 1110. Owner's Coverage $ 113,000.00 923.75 1111. Endorsements 100,300, 8.1 1112. Notary Fee Mldstate Abstract Company. 1113. Notary Fee Midstate Abstract Company 1114. Overnight Fees & Handling 1115. Wire Transfer Fee to Mldstate Abstract Company 10.00 1116. 4th Otr. Refuse to Hampden Township Municipal Authority 48.68 1117. 1118. 1200. GOVERNMENT RECORDING AND TRANSFER CHARGES 1201. Recording Fees: Deed $ 38.50; Mortgage $ Releases $ 38.50 1202. City/County Tax/Stamps: Deed 1130.00' Mortgage 1 130.00 1203. State Tax/StamDs: Deed 1 130.00; Mortgage 1 130.00 1204. 1205. 1300. ADDITIONAL SETTLEMENT CHARGES 1301. Survev to 1302. Pest Inspection to 1303. Tax Certification Fee to Marie Huber, Treasurer 10-22-0525-072 5.00 1304. Advertising Expenses to Ensminger Auctioneers 1 116.06 1305. 1400. TOTAL SETTLEMENT CHARGES (Enter on Line. 103 Section J and 502. Section K) /7 3,232.25 5.689.74 By._ ....,...... _ ..._.._............- """......,............. _l~ Midstate Abstract Company Settlement Agent Certified to be a true copy. RI;V-1503 EX + (6-98) .. COMMONWEAlTH OF PENNSYlVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE 8 STOCKS & BONDS ESTATEOF RICHARD G. SEEDS FILE NUMBER 0350 AI property joIndy-owned willi right of survivorship must be dIIcIoIed on SchIduIe F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. MURIEL SIEBERT & CO 4,250.56 2. H & R BLOCK INVESTMENTS 28,808.47 3. MERRILL LYNCH 3,995.01 4. EA DIRECT INCIPENSION FINANCIAL 97,898.98 TOTAL (Also enter on line 2, Recapitulation) $ 134.953.02 (If more spaoe is needed, insert additional sheets of the same size) REV-1508 EX + (6-98) .. COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF RICHARD G. SEEDS SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY FilE NUMBER 0350 Include the proceeds of litigation and the date the proceeds were received by the estate. AIt property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. M & T BANK ACCOUNTS 11,495.78 2. DONEGAL INSURANCE REFUND 173.00 3. PENNY JAR 14.60 4. ABRAM'S METAL RECYCLING 87.45 5. YARD SALE PROCEEDS 1,567.69 6. FED EX REFUND 31.93 7. ACCOUNT AT PENNSYLVANIA FEDERAL 5.00 CREDIT UNION 8. 2003 TOYOTA 11,000.00 9. 2001 DODGE RAM 2500 8,000.00 10. 1986 PROWLER 900.00 11. 2 CHRYSLER 197315 FT MUTINEER SAIL BOATS 1,000.00 12. 1980 AMF SUN FISH 500.00 13. 3 BOAT TRAILERS 300.00 TOTAL (Also enter on line 5, Recapitulation) $ (If more space is needed, insert additional sheels of the same size) 35.075.45 REV-1511 EX + (12-99) .. SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS CONNONWEAL TH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF RICHARD G. SEEDS FILE NUMBER 0350 ITEM NUMBER A. 1. B. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Debts of decedent must be reported on Schedule L DESCRIPTION AMOUNT FUNERAL EXPENSES: FUNERAL HOME EXPENSES 11 ,423.24 ADMINISTRATIVE COSTS: Personal Representative's Commissions Name of Personal Representative(s) VIRGINIA SKOGEN Social Security Number(s)IEIN Number of Personal Representative(s) 182607179 StreetAddress 4609 152ND STREET . City APPLE VALLEY State MN Zip 55124 Year(s) Commission Paid: Attorney Fees CHARLES E. PETRIE Famity Exemption: (If decedent's address is not the same as c1aimanfs, attach explanation) Claimant 8,300.00 8,300.00 Street Address City Relationship of Claimant to Decedent State Zip Probate Fees 330.00 Accountant's Fees Tax Retum Preparel's Fees FEDEX KINKOS MACK UAW - PENSION REIMBURSEMENT PREPARATION OF HOUSE FOR SALE EXECUTRIX TRAVEL EXPENSES 211.36 816.80 15,344.29 1,200.00 TOTAL (Also enter on line 9, Recapitulation) S (If more space is needed, insert additional sheem of the same size) 45 925.69 REV-1512 EX + (12-03) *' SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABiliTIES, & liENS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATEOF RICHARD G. SEEDS FilE NUMBER 0350 Report debts Incurred by the decedent prior to death which remained unpaid II of~. date of death, Including unrelmbuned medical expenses. ITEM NUMBER DESCRIPTION 1. PPL ELECTRIC VALUE AT DATE OF DEATH 538.14 2. VERIZON TELEHONE 68.67 3. FLORIDA ORTHOPEDIC INSTITUTE 7.07 4. FLORIDA GASTROENTEROLOGY 39.83 5. M&TLOAN 735.70 6. REAL ESTATE TAXES - 2007 1,367.41 7. PENNSYLVANIA AMERICAN WATER 178.83 8. REPAIRS FOR 1986 INFINITI 245.48 9. FRONT DOOR MATS @ WALMART 35.98 10. TIRE MART - REPLACEMENT OF TIRES FOR BOAT TRAILER 53.00 11. APPLE VALLEY POSTAL SERVICE 2.40 12. PA DEPT OF TRANSPORTATION 22.50 13. HAMPDEN TOWNSHIP TRASH 48.68 TOTAL (Also enteron line 10, Recapitulation) $ (If more space Is needed. Insert additional shee1s of the same size) 3.343.69 _01513 EX +1* COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF RICHARD G SEEDS SCHEDULE J BENEFICIARIES RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not list Trustee(s) OF ESTATE I. TAXABLE DISTRIBUTIONS rmclude ~ht ~ distributions, and transfers under Sec. 9116 (a (1. )] 1. EULA TILLMAN SEEDS Spousal 45,787.20 10060 BRYANT ROAD LITH lA, FL 33547-2502 2. VIRGINIA SKOGEN Lineal 45,787.20 4609 152ND STREET W APPLE VALLEY, MN 55124 3. THOMAS SEeDS Lineal 45,787.19 12827 RIDGE ROAD GREENCASTLE, PA 17225 4. MATTHEW SEEDS Lineal 45,787.19 3895 MAIN STREET, APT. 5 SCOTLAND, PA 17254 5. DANIEL SEEDS Lineal 45,787.19 10060 BRYANT ROAD LITH lA, FL 33547-2502 ENTER DOllAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18. AS APPROPRIATE, ON REV-1500 COVER SHEET n. NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAXIS NOT BEING MADE 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 1. TOTAL OF PART n - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ FILE NUMBER 0350 (If more space is needed, insert additional sheets of the same size) LAST WILL AND TESTAMENT I, RICHARD G. SEEDS, of 5014 East Trindle Road, Mechanicsburg, County of Cumberland, Pennsylvar.la, do hereby make, publish, and declare this to be my LAST WILL AND TESTAMENT, revoking any and all prior wills and codicils by me at any time heretofore made. FIRST, for the purposes of this my Last Will and Testament, all references herein to "my beneficiaries" shall include my daughter, ViRGINIA SKOGEN, my sons, THOMAS SEEDS, DANIEL SEEDS, and MATIHEW SEEDS, and my wife, EULA TILLMAN SEEDS. SECOND, I order and direct my Executrix to pay all of my just debts and funeral expenses, all expenses of my last illness, my mortgage debt on real estate, credit card debts and personal loans, out of the principal of my residuary estate, as soon as practicable after my death as part of the expense of the administration of my estate. THIRD, larder and direct my Executor to pay as part of the expense of the administration of my estate, all inheritance, estate, transfer, succession nud death taxes, of any kind whatsoever, together with any interest and penalties thereon, which may be payable by reason of my death and imposed \vith respect to any property, whether or not passing under this my Last Will and Testament, out of the principal of my residuary estate without,__, , - .'-., . . <- .. , .J apportionment or right of reimbursement. All such taxes on present.or. future . -.. i 1. interests may be paid at such time or times as my Executor or my Trustee rnay think proper, regardless of whether such taxes are then due. FOURTH, that I give and bequeath the following items of personal property to the beneficiaries indicated: A.. I give first choice of any item in my art collection to my wife, EULA TILLMAN SEEDS. I give second choice to my daughter, VIRGINIA SKOGEN. I give third choice to nlY son THOMAS SEEDS. I give fourth choice to my son DANIEL SEEDS. I give fifth choice to my son MATIHEW SEEDS. The distribution of further pieces shall proceed in the same manner. B. I direct that my etching of Napoleon returning from a battle shall be held in trust for my grandchildren. I appoint my granddaughter ALICIA SKOGEN as the Trustee. I direct that it shall be stored safely in a museum for a minimum of forty (40) years. Upon the sale of this piece of artwork, the proceeds. shall be divided equally the grandchildren living at the time of the receipt of the proceeds. C. I give and bequeath the shares of stock in the corporation known as "Last Minute Tickets, Inc.," to be divided equally among my grandchildren. D. I bequeath all of the rest, residue and remainder of my tangible personal property, including jewelry, clothing, personal belongings including rrry coin and gun collections, household fi.lrniture and furnishings, chinaware, 2 silver, pictures, books, personal automobiles, and other tangible personalty of like nature (not including cash and securities), together with any existing insurance thereon, to my wife and children, if they survive me. If any of my children should predecease me but issue of said predeceased child or children survive me, I bequeath such tangible personalty and insurance thereon that would otherwise have been distributed to my deceased child or children to the issue then living of my deceased child or children, in equal shares, per stirpes. If any of my children have predeceased me without issue, then his share shall pass to my surviving children, in equal shares. FIFTH, I direct that the share of my estate passing to my wife shall be paid directly to her by the Executor. SIXTH, I give, devise and bequeath all of the rest, residue and remainder of my estate, of whatsoever kind and wheresoever situate, to M & T BANK AND TRUST COMPANY, as Trustee, IN TRUST NEVERTHELESS, to be held, administered, as distributed for the benefit of my children, if they survive me, or the surviving issue of my deceased child or children in accordance with the following provisions: A. I direct that a separate trust shall be established for each of my children. Any referenced to "the trust" shall apply to each beneficiary's trust, regardless of the date of its creation. 3 B. The Trustee shall distribute the principal and interest of any child's trust account only for the purpose of that child's purchasing real estat.e or a mobile home to be used as his or her primary residence. The trustee funds may be used as a down payment for said purchase or a payment to reduce or to satisfy a mortgage loan or loans encumbering a primary residence in accordance with the following instructions: 1. 1 direct that any mortgage loan used to purchase real estate cannot be an "interest-only" loan. The monthly payment must include a provision for repayment of principal beginning with the first monthly payment. 2. The monthly mortgage payment must include a provision for the mortgagee to collect real estate taxes and insurance on a monthly basis (escrow). The mortgagee shall be responsible for payment of the real estate taxes and insurance out of the monthly escrow payments. 3. If any of my children die before the utilizing all of the funds in his or her trust account, then the remaining funds shall be paid upon his or her death to his or her surviving children. If he or she is not survived by a child or children, then his or her share shall pass to my children who survive the predeceased child. C. The Trustee shall accumulate and add to the principal of the trust estate any net income of any child's Trust not paid out in accordance with the discretion hereinabove conferred on the Trustee. 4 D. No beneficiary or remainderman of any Trust shall have any right or power, except as otherwise specified, to sell, transfer, assign, pledge, mortgage, alienate, encumber, anticipate, obligate or hypothecate his or her. interest in the principal or income of the trust estate in any manner whatsoever. To the fullest extent of the law, the interest of each and every beneficiary and remainderman shall not be subject to the claims of any of his or her creditors or liable to attachment, execution, bankruptcy proceedings, or any other legal process. The Trustee shall pay, disburse, and distribute principal and income of the trust estate only in the manner provided for in this my Last Will and Testament and not on any attempted transfer of assignment, whether oral or written, of any beneficiary or remainderman nor by operation of law. E. Notwithstanding any other provisions hereof, the Trustee may, in its absolute discretion, and at any time terminate either Trust, if the amount thereof does not warrant the cost of continuing said Trust, or its administration ,vould otherwise be impractical. Upon such termination, the Trustee shall pay the principal and any accumulated or undistributed income. to my beneficiary of that Trust account. F. If upon termination of the administration of my private estate, there have been no distribution in trust to the trustee and events have occurred that would require the Trustee under the terms of this my Last Will 5 and Testament to make immediate distribution of all the property, my Executrix shall perform all of the acts necessary to complete such distribution and for that purpose shall have all the powers granted by this my Last Will and Testament to the Trustee. G. In order to carty out the purposes of the Trust created by this my Last Will and Testament, the Trustee, in addition to all other powers granted by this my Last Will and Testament, or by law, shall have the follow.i.ng powers over the trust estate, exercisable without court approval, effective until actual distribution of all property, and subject to any limitations specified elsewhere in this my Last Will and Testament: 1. To retain any or all of the assets of my estate, real or personal, without regard to any principle of diversification, risk or productivity. 2. To retain any investments which may be held by me at the time of my death and to invest or reinvest the same although they may not be of the character of investments technically known as legal investments. 3. To invest the principal of my estate in all forms of property, including stock, common trust funds and mortgage investment funds, without restriction to investments technically known as legal investments, as the Trustee deems proper, without regard to any principle of diversification, risk or productivity. 6 4. To sell and dispose of at public or private sale, to exchange, or to lease for any period of time, any real or personal property and to give options for sales, exchanges or leases, for such price or prices and upon such terms and conditions as the Trustee may deem proper. 5. To borrow n10ney and to mortgage or pledge any real or personal property. 6. To settle or compromise any claim or controversy. 7. To manage. control, repair, and improve all trust property. 8. To continue and operate, to sell or to liquidate, as the Trustee deems advisable at the risk if the trust estate, any business or partnership interests received by the trust estate. 9. To commence or defend at the expense of the trust estate any litigation affecting the Trust or any property of the trust estqte deemed advisable by the Trustee. 10. To procure and carry a.t the expense of trust estate insurance of the kinds, forms, and amounts deemed advisable by the Trustee to protect the trust estate. 11. To pay all taxes, assessments and other expenses incurred in the distribution, collection, care, administration, and protection of the trust estate. 7 12. To make distribution in cash or in kind or partly in each, or in undivided interests, as the Trustee deems proper in its sole discretion. H. The following provisions shall apply in the operation of the Trusts created by this my Last Will and Testament: 1. The Trustee is authorized to receive additions to the Trusts of any property, whether real, personal or mixed, of whatsoever kind and wheresoever situate, from sources other than my estate and at any time in the discretion of the Trustee. 2. The Trustee shall determine what is income and what is principal of the Trusts created by this my Last Will and Testament, and shall allocate receipts and expenses to principal or income or partly to each as the Trustee deems proper in her sole discretion. 3. No bond or other security shall be required in any jurisdiction of the Trustee for the faithful performance of its duties. 4. The validity and administration of the trust created by this my Last Will and Testament and all questions relating to the construction or interpretation of such Trust shall be governed by the laws of the Commonwealth of Pennsylvania. 8 SEVENTH, I hereby nominate, constitute and appoint my daughter, VIRGINIA SKOGEN, as the Executrix of this my Last Will and Testament. In the event that she should predecease me or should fail to qualify or cease to act as a Executrix of this my Last Will and Testament for any reason whatsoever, I hereby nominate, constitute and appoint my son, DANIEL H. SEEDS, as the Executor of this my Last \ViH and Testament. A. No bond or other security shall be required in any jurisdiction of my Executrix for the faithful performance of her duties. B. My Executrix shall have, in extension and not in limitation of the powers given by law or by other provisions of this my Last Will and Testament, the following powers with respect to the settlement and administration of my estate, to be exercised in each case from time to time in the discretion of my Executrix without further order or license of the Register of Wills or of any court: 1. To exercise with regard to my estate all of the powers and authority conferred by this my Last Will and Testament or the Trustee over the trust estate of the Trust created by this my Last Will and Testament. 2. To employ any attorney, investment advisor, accountant, broke'r, tax specialist, or other agent deemed necessary by my Executrix, and to pay from my estate reasonable compensation for all services performed by any of them. 9 3. I hereby empower my Personal Representative to reimburse himself or herself for the expenses of travel or overnight expenses from my estate account, up to the amount of One Thousand Two Hundred Dollars ($1,200.00). EIGHTH, If any provision of this my Last Will and Testament or of any Codicil thereto is held to be inoperative, inva1id~ or illegal, it is my intention that all of the remaining provisions thereof shall continue to be fully operative and effective so far as is possible and reasonable. NINTH, As used in this my Last Will and Testament, whenever the context so indicates, the masculine, feminine or neuter gender, and the singular or plural number, shall each be deemed to include the others. IN WITNESS WHEREOF, I have hereunto set my hand and seal this 30th day of November, 2006. .' . -"~:::? M "'V ..-8~>-&-. /.:.~~~/~ ~ " RICHARD G. SEEDS ~~~~ WITNESS ."..., // l~-::':'" gL..-) . -J"/'". .,. - " ~.2.> /. ./ /'/ .' .... . ;/7- ...... _ ...~__.;"oo~,.~ WITNESS 1.0 ACKNOWLEDGEMENT COMMONWEALTH OF PENNSYLVANIA COUNTY OF DAUPHIN I, RICHARD G. SEEDS, testator, whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I have signed and executed the instrument as ,my Last 'Vi1.l and Testament; that I signed it willingly and that I signed it an my free and voluntary act of the purposes therein expressed. Sworn or affirmed to and acknowledged before me by CYNTHIA A. CONJAR, the testator, this 30t3 day of November, 2006. fi --e ~? ~~ jtJ "?A~ RICHARD G. SEEDS ' hl{ll ~6 {1fARY P BLIC MMONWEAL TH OF PENNSYL ANIA NotarIaJ Seal Kelly P. Robarts, Notary Public Paxtang Bora, Oauptln Qudy My Commission expires Jan. 2:1, 2009 Member, P'Hm$yl\lsnla AssOCiation af Notaries 11 AFFIDAVIT COMMONWEALTH OF PENNSYLVANIA COUNTY OF DAUPHIN WE, CHARLES E. PETRIE and EULA TILLMAN SEEDS, the witnesses whose names are signed to the attached or foregoing instrument, being duly qualified according to law, do depose and say that we were present and saw testator sign and execute the instrument as his LAST WILL AND TESTAl\1ENT; that RICHARD G. SEEDS signed willingly and that he executed it as his free and voluntary act for the purposes therein expressed; that each of us in the hearing and sight of the testator signed the will as witnesses; and that to the best of our knowledge the testator was at that time 18 or more years of age, of sound mind and under no constraint or undue influence. Sworn or affirmed to and subscribed before me by CHARLES E. PETRIE and EULA TILLMAN SEEDS, witnesses, this 30th day of November, 2006. c~~c~ WITNESS C 4. #~ , lj,,(.f:"0 ..d:? ~ f-~/ WITNESS / !I 12 COMMONWEALTH OF PENNSYLVANIA Notarial Seal Kelly P. Robarts, Notary Public Paxtang Bore, Dauphin County r\J1y Commission expires Jan. 'ZT. 2009 MPrmber, Pennsvlva!1ia Assooiation of Notaries WAIVER OF RIGHT TO ELECT AGAINST THE WILL I, EVLA TILLMAN SEEDS, duly sworn, do hereby make and aver as follows: 1. I am the wife of Richard G. Seeds. 2. I underst~d that pursuant to Pennsylvania law, I have the right to elect against my husband's will if the bequest to me is less than the amount that I em entitled to under Pennsylvania law. 3. I have read the Last Will and Testament of Richard G. Seeds dated November 30,2006, and I have signed it as a witness. 4. I hereby waive and renounce my right to elect against the Last Will and Testament of Richard G. Seeds. IN WITNESS WHEREOF, and intending to be legally bound, I have hereunto set my hand and seal this 30th day of November, 2006. JC'.~ ..? {~'^-~~ EULA TILLMAN SEEDS Sworn to and subscribed before n1e this 30th day of November, 2006. . -l~- ARY VBLle y Commission expires: .Jan. 27,2009 COMMONWEALTH OF PENNSYLVANIA Notarial Seal Kelly P. Robarts, Notary Public PaJctang Boro. DauphIn County My Commission Expires Jan. Zl,2OOa Member, PEmnsyhlC1.!'l!a As!'\oclation of Notaries 13