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Home My WebLink About05-29-08 (2) -.J 15056051058 REV-1500 EX (0&-05) PA Department of Revenue ' Bureau of Individual Taxes PO BOX 280601 Harrisburg, PA 17128-0601 ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death OFFICIAL USE ONLY County Code Year INHERITANCE TAX RETURN RESIDENT DECEDENT 21 08 File Number 0285 Date of Birth 181-03-7355 3/2/08 4/29/14 Decedent's Last Name Suffix Decedent's First Name MI Furber Rita c (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 2. Supplemental Return 3. Remainder Return (date of death prior to 12-13-82) 5. Federal Estate Tax Return Required 4. Umited Estate 4a. Future Interest Compromise (date of death after 12-12-82) 7. Decadent Maintained a Living Trust (Attach Copy of Trust) 10, Spousal Poverty Credit (date of death 11. Election to tax under Sec, 9113(A) between 12-31-91 and 1-1-95) (Attach Sch. 0) CORRESPONDENT - THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number . 6, Decedent Died Testate (AlIach Copy of Will) 9, Utigation Proceeds Received 8, Total Number of Safe Deposit Boxes Michael S. Travis 717-731-9509 Firm Name (If Applicable) Attorney at Law City or Post Office Camp Hill State ZIP Code 17011 , '} First line of address 3904 Trindle Road Second line of address PA L) '.l~ '.., , "" Correspondent's e-mail address:.mst@mtravislaw.com d1 .. 'f')I1tV'...s ~ t:'tIU~ RF3roy 'nt,Ailli. ~d, ~ 1/,1/; ~ SIGNATURE OF PRE PARER OTHER THAN REPRESENTAT~ . f1ATF ----", , 'Pt1l11l!_:~-+- I/1S 'fWI"I! tbf.aJ ~ . --..-------, ----.- .f /HI j, ~ ~ f'nnDF"jftJC{ 1l'OleJ/t ~ /'o"^7' /{,// f'" nlll/ Y PLEASE USE ORIGINAL FORM ONLY Side 1 L 15056051058 15056051058 -.J .-J 15056052059 REV-1500 EX Decedent's Name: RECAPITULATION 1. Real estate (Schedule A). . . . . . . . . . ................. 1. 2. Stocks and Bonds (Schedule B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 2. 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) . . . .. 3. 4. Mortgages & Notes Receivable (Schedule D). . . . . . . . . . . . . . . . . . . . . . . . . . . .. 4. 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) . . . . . . .. 5. 6. Jointly Owned Property (Schedule F) Separate Billing Requested . . . . . .. 6. 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G) Separate Billing Requested.. . . . . .. 7. 8. Total Gross Assets (total lines 1-7). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 8. 9. Funeral Expenses & Administrative Costs (Schedule H). . . . . . . . . . . . . . . . . . . .. 9. 10. Debts of Decedent, Mortgage liabilities, & liens (Schedule I). . . . . . . . . . . . . . . . 10. 11. Total Deductions (total Lines 9 & 10)...................................11. 12. Net Value of Estate (line 8 minus Line 11) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12. 13. Charitable and Govemmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) . . . . . . . . . . . . . . . . . . . . . . . . 13. 14. Net Value Subject to Tax (Line 12 minus Line 13) ........................14. TAX COMPUTATION - SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers uncl..r C:ec. 9116 (a)(1.2)X.0. 0.00 16. Amount of Line 14 t"v~ble at lineal rate X.O 45 5,219. 8A 17. Amount of Line 14 taxable at sibling rate X .12 18. Amount of Line 14 taxable at collateral rate X .15 15. 16. 17. 18. 19. TAX DUE.. . . . . . . . 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT L 15056052059 Side 2 Decedent's Social Security Number 181-03-7355 95,000.00 0.00 0.00 0.00 40,763.17 0.00 0.00 135,763.17 17,796.01 1,969.93 19,765.94 115,997.23 0.00 115,997.23 5,219.88 5,219.88 15056052059 --.J REV-1 500 EX Page 3 Decedent's Complete Address: DECEDENT'S NAME Ri ta C. Furber STREET ADDRESS 3312 Trinctle React File Number 21 08 0285 DECEDENT'S SOCiAl SECURITY NUMBER 181-03-7355 PA I ZIP I 17011 CITY Camp Hill STATE Tax Payments and Credits: 1. Tax Due (Page 2 Line 19) 2. CreditsJPayments A. Spousal Poverty Credit B. Prior Payments C. Discount (1 ) 5,219.88 Total Credits (A + B + C ) (2) 260.99 260.99 3. InteresUPenalty if applicable D. Interest E. Penalty Total Interest/Penalty (D + E ) (3) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Fill in oval on Page 2, Une 20 to request a refund. (4) 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) B. Enter the total of Line 5 + SA. This is the BAUNCE DUE. (SA) (5B) 4,958.89 A. Enter the interest on the tax due. 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 [i] b. retain the right to designate who shall use the property transferred or its income; ............................................ 0 [i] c. retain a reversionary interest; or.......................................................................................................................... 0 [i] d. receive the promise for life of either payments, benefits or care? ...................................................................... 0 [i] 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? .............................................................................................................. 0 [i] 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? .............. 0 [i] 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? ........................................................................................................................ 0 iii 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 spou~ is three (3) percent [72 P.S. 99116 (a) (1.1) (i)). For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is zero {O} percen [72 P.S. 99116 (a) {1.1} {ii}]. The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets an< filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, al adoptive parent, or a stepparent of the child is zero (OJ percent [72 P.S. 99116(a){1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is four and one-half (4.5) percent, except as noted il 72 P.S. 99116(1.2) [72 P.S. 99116{a){1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is twelve {12} percent [72 P.S. 99116{a){1.3)). A sibling is defined, unde Section 9102. as an individual who has at least one parent in common with the decedent. whether bv blood or adoption. (1', -"" ,t'i:<, '~~ SCHEDULE A REAL ESTATE '~;()fvjr-,,10NV'iE~\U-H OF PENH8\'L.VAJ\H.A lr.-SHERfLA.J\jCE Tr.;?; RETURN F~ESfOE?\iT DECEDENT ESTATE OF FILE NUMBER Rita C. Furber 21-08-0285 All real property owned solely or as a tenant in common must be reported at fair marttet value. Fair market value is defined as the pnce 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 whic:h is jointly-owned with right of survivorship must be disclosed on Schedule F ITEM NUMBER 1. DESCRIPTION VALUE AT DATE OF DEATH 95,000.00 3312 Trindle Road Camp Hill, PA 17011 TOTAL (Also enter on line 1, Recapitulation) $ 95,000.00 STANDARD AGREEMENT FOR THE SALE OF REAL ESTATE lm~~K This fonn recommended and approved for, but not restricted to use by, members ofthe Pennsylvania Association of REAL TORS@ (PAR). SELLER'S BUSINESS RELATIONSHIP WITH P A LICENSED BROKER BROKER (Company) RSR REALTORS, LLC PHONE 717-763-1212 ADDRESS 3 Lemoyne Drive, Lemoyne, PA FAX 717-763-1656 BROKER IS THE AGENT FOR SELLER. Designated Agent(s) for Seller, if applicable: Dennis McEnany OR Broker is NOT the Agent for Seller and is alan: 0 AGENT FOR BUYER 0 TRANSACTION LICENSEE BUYER'S BUSINESS RELATIONSHIP WITH PA LICENSED BROKER BROKER (Company) RSR REALTORS, LLC PHONE 717-763-1212 ADDRESS 3 Lemoyne Drive, Lemoyne, PA 17043 FAX 717-763-1656 BROKER IS THE AGENT FOR BUYER. Designated Agent(s) for Buyer, if applicable: James Kourv OR Broker is NOT the Agent for Buyer and is alan: 0 AGENT FOR SELLER 0 SUBAGENT FOR SELLER 0 TRANSACTION LICENSEE When the same Broker is Agent for Seller and Agent for Buyer, Broker is a Dual Agent. All of Broker's licensees are also Dual Agents UNLESS there are separate Designated Agents for Buyer and Seller. If the same Licensee is designated for Seller and Buyer, the Licensee is a Dual Agent. 1 1. This Agreement, dated April 9, 2008 2 SELLER(S): 3 , is between Estate of Rita C. Furber Estate of Rita C. Furber 4 called "Seller," and 5 BUYER(S): 6 7 8 2. 9 10 11 12 13 14 15 3. 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Michael A. Serluco called "Buyer." PROPERTY (1-98) Seller hereby agrees to sell and convey to Buyer, who hereby agrees to purchase: ALL THAT CERTAIN lot or piece of ground with buildings and improvements thereon erected, if any, known as: 3312 Trindle Road in the Borouqh of Camp Hill County of Cumberland in the Commonwealth of Pennsylvania, Zip Code 17011 Identification (e.g., Tax ID #; Parcel #; Lot, Block; Deed Book, Page, Recording Date) Tax ID # 01-21-0273-406, DeedBook/Paqe: 27/4614 TERMS (1-02) (A) Purchase Price Ninety Five Thousand U.S. Dollars which will be paid to Seller by Buyer as follows: 1. Cash or check at signing this Agreement: 2. Cash or check within 5 days of the execution of this Agreement: 3. 4. $ $ $ $ TOTAL $ (B) Deposits paid on account of purchase price to be held by Broker for Seller, unless otherwise stated here: 5,000.00 90,000.00 95,000.00 Cash, cashier's or certified check at time of settlement: (C) Seller's written approval to be on or before: April 11, 2008 (D Settlement to be on May 27, 2008 , or before if Buyer and Seller agree. (E) Conveyance from Seller will be by fee simple deed of special warranty unless otherwise stated here: (F) Payment of transfer taxes will be divided equally between Buyer and Seller unless otherwise stated here: PREPARED BY: Dennis McEnany, Industrial/Commercial/Investment Specialist AlS-2K - Standard Agreement For The Sale Of Real Estate, 01/02. Pennsylvania Association of REAL TORS@ COPYRIGHT PENNSYLVANIA ASSOCIATION OF REAL TORS@2002 ReaIFA$T@ Software, @2008, Version 6.16. Software Registered to: Dennis McEnany, RSR Realtors 04/09/0815:26:20 Page 1 of 2 C"_II-.~(...\ 1...;4:....1... !File No. 08040481 Pace #21 APPRAISAL OF REAL PROPERTY LOCATED AT: 3312 Trindle Road Camp Hill Borough, Cumberland County Camp Hill, PA 17011-4433 FOR: Furber Estate 3312 Trindle Road Camp Hill, PA 17011 AS OF: 04/01/2008 BY: FairWay Appraisals Chris H Davis, PA Certified Residential Appraiser 219 Putters Circle Dillsburg, PA 17019 PHONE: 717-432-8586 FAX: 717-432-8565 Form GA6 - "TOT AL for Windows" appraisal software by a la mode, inc. -1-800-ALAMODE IFile No. 08040481 Paae #31 File No 0804048 04/09/2008 Chris H. Davis, Appraiser 219 Putters Circle Dillsburg, PA 17019 Phone: 717-432-8586 Fax: 717-432-8565 Estate of Rita C. Furber ATTN: Joe Furber 3312 Trindle Road Camp Hill, PA 17011 RE: 3312 Trindle Road, Camp Hill, PA 17011 Dear Mr. Furber: Pursuant to your request, I have prepared a COMPLETE APPRAISAL/SUMMARY REPORT of the property captioned in the "Summary of Salient Features" which follows. The accompanying report is based on a site inspection of improvements, investigation of the subject neighborhood area of influence, and review of sales, cost, and income data for similar properties. This appraisal has been made with particular attention paid to applicable value-influencing economic conditions and has been processed in accordance with nationally recognized appraisal guidelines. The value conclusions stated herein are as of the effective date as stated in the body of the appraisal, and contingent upon the certification and limiting conditions attached. Please do not hesitate to contact me if I can be of additional service to you. Respectfully, Chris H. Davis, PA Certified Residential Appraiser FairWay Appraisals Farm DCVR - "TOTAL for Windows" appraisal software by a la made, inc. - 1-800-ALAMODE IFile No. 08040481 Pace #41 SUMMARY OF SALIENT FEATURES Subject Address 3312 Furber Road Legal Description Deed Reference: 0257-04614 - City Camp Hill :. County Cumberland State PA .. Zip Code 17011-4433 Census Tract 0105.00 Map Reference ADC Hbg 3118/A-2 : Sale Price $ NA Date at Sale NA Borrower I Client Estate of Rita C. Ruber Lender Furber Estate Size (Square Feet) 2,116 Price per Square Foot $ Location AVERAGE . Age 108 YEARS - - Condition AVERAGE . Total Rooms 7 - Bedrooms 4 Baths 1.5 Appraiser Chris H. Davis, Certified Residential Appraiser . Date of Appraised Value 04/01/2008 Final Estimate of Value $ 95,000 Form SSD - "TDTAL for Windows" appraisal software by a la mode, inc. -1-800-ALAMODE Fairway Appraisals IFile No. 08040481 PaDe #51 FURBER File # 0804048 The ouroose of this summarv appraisal report is to provide the lender/client with an accurate, and adequatelv supported, opinion of the market value of the sublect property. Prooertv Address 3312 Trindle Road City Camn Hill State PA Zip Code 17011-4433 Borrower Estate of Rita C. Ruber Owner of Public Record Estate of Rita Furber County Cum berland Leaal Oescription Deed Reference: 0257-04614 Assessor's Parcel # 01-21-0273-406 Tax Year 07-08 R.E. Taxes $ 2 450.00 Neiohborhood Name Camo Hill Borouoh Map Reference ADC Hbo 3118/A-2 Census Tract 0105.00 Occuoant n Owner n Tenant IXI Vacant Speciai Assessments $ None f l PUD HOA $ NA [J per year r loer month .. PropertY Riohts Appraised IXI Fee Simple [J Leasehold rl Other (describe) Assionment Tvpe fl Purchase Transaction r l Refinance Transaction !Xl Other (describe) Prooertv Valuation Lender/Client Furber Estate Address 3312 Trindle Road Camo Hill PA 17011 Is the subiect propertv currentlv offered for sale or has it been offered for sale in the twelve months prior to the effective date of this aooraisal? fl Yes IXI No Reoort data source!s) used, offerino orice!s), and datels), As of the effective date of this aooraisal reoort the subiect orooertv was not offered for sale and was not offered for sale in the previous 12 months. I 0 did 0 did not analyze the contract for sale for the subject purchase transaction. Explain the results of the analysis of the contract for sale or Why the analysis was not pertormed. NA : Contract Price $ NA Date of Contract NA Is the oropertv seller the owner of pUblic record? rl Yes r l No Data Source!s) NA Is there any financial assistance (loan charges, sale concessions, gift or downpayment assistance, etc.) to be paid by any party on behalf of the borrower? DYes DNa . If Yes, reoort the total dollar amount and describe the items to be paid. NA Note: Race and the racial composition of the neiahborhood are not a-opralsal factors. Neldhborhood Characteristics One-Unit Housln Trends One-Unit Housing Present Land Use % Location f l Urban IIX1 Suburban I I Rural Prooertv Values r llncreasino 15< Stable rl Oecllnino PRICE AGE One-Unit 57 % . Buitt-Up IXI Over 75% il 25.75% [J Under 25% Oemand/Supplv f l Shortaoe 15< In Balance 0 Over Supply $ (000) Ivrs) 2-4 Unit 8% : Growth r l Rapid IXI Stable f l Slow Marketino Time r l Under 3 mths rx 3-6 mths il Over 6 mths 40 Low 4 Multi-Family 5% . Neiohbprhood Boundaries Camp Hill and Lemovne Borouohs.The nelohborhood boundaries are indicated 480 High 110 Commercial 14 % . on the enclosed neiohborhood mao in the addenda of this renort. 170 Pred. 55 Other 16 % .. Neighborhood Description This neighborhood contains orooerties refiectina similar aualitv maintenance design and marketabilitv to the sublect orooertv. The subiect property is readilv available to all necessarv facilities includina schools emolovment and shoooina. Averaae orooertv maintenance is observed. Emolovment is within a 5-15 minute drive from the subiect nronertv. SteadY orice Increases demonstrate stable demand. Market Conditions (including support for the above conclusionsi- A search of tax records and the MLS service show orices stable. The MLS service indicates that the tvpical orooertv sells in 3-6 months. Mortaaae funds are readilv avaiable from a variety of sources with conventional loans beina 6.5%-7.5% interest, fixed 30 vr. mortaaae UP to 3 ooints. Sellers are not reauired to offer sales or financina cocessians however it is occurrina. Dimensions 50' X 250' MIL Area 0.28 ACRES MIL Shape RECTANGULAR View TYPICAL FOR AREA SpeCific Zoning Classification HDRO Zonino Description HIGH-DENSITY RESIDENTIAUOFFICE Zonino Compliance I)(] Leoal r l Leoal Nonconformino (Grandfathered Use)! ~T No Zoning 0 Illegal (describe) Is the hiohest and best use of subject property as improved or as nrooosed oer olans and specifications) the present use? IX] Yes [J No If No, describe Utilities Public Other (describe) Public Other (describe) Off-s~e Improvements - Tvpe Public Private Electricitv IXI n Water lX1 rl Street ASP HAL T IXI rl Gas IXI n Sanitarv Sewer IXI rl Allev r I rl FEMA Special Flood Hazard Area r l Yes IXI No FEMA Flood Zone C FEMA Map # 4203570001 B FEMA Map Date 12/11/1981 Are the utilities and off-site improvements typical for the market area? IXI Yes rl No If No, describe Are there any adverse site conditions or external factors (easements, encroachments, environmental conditions, land uses, etc.)? rl Yes l><;J No If Yes, describe Standard easements for electric teleohone etc. There are no known or annarent adverse easements encroachments or conditions noted. General Deacrlotlon . Foundation Exterior DescrlDtlon 'materials/condition Interior materials/condition Units !Xl One il One with Accessory Unit J Concrete Slab 71 Crawl Space Foundation Walls CONC BLOCK/AVG Floors WOOD-VINYUAVG # of Stories 2 IIXI Full Basement I-l Partial Basement Exterior Walls BRICK/AVG Walls PLSTR-PANEL/AV Tvpe r l Det. il Att. [X:J S-DetJEnd Unit Basement Area 1052 sq.!t. Roof Surtace SLATE/AVG Trim/Finish WOOD-PNT/AVG IIX1 Exlstino Il Proposed n Under Const. Basement Finish 0 % Gutters & Downspouts ALUMINUM/AVG Bath Floor VINYL/AVG Desion (Style) .5 DUPLEX l><;J Outside Entrv/Exit Il Sump Pump Window Type DBL HUNG-WDAV Bath Wainscot NONE/AVG Year Buitt 1900 Evidence of I Ilnfestation Storm Sash/Insulated STORM/AVG Car Storage I I None Effective Age (Yrs) 15 o Dampness o Settlement Screens YES/AVG IX] Driveway # of Cars 6 Attic None Heatino I I FWA 1!Xl HWB8 III Radiant Amenities I I Woodstove(sl # Orivewav Surface GRAVEL l Drop Stair IXI Stairs -I Other TFuel GAS l Fireplace(s) # n Fence l Garage # of Cars Floor Il Scuttle Coolino rl Central Air Conditio nino !Xl PatiolDeck CV [X:J Porch CV l Carport # of Cars l><;J Finished o Heated ] Individual lXfOther C FANS o Pool l><;J Other CV BALC DAtt. o Det. [ J Built-in Appliances IE] Refrioerator IXI Ranoe/Oven o Dishwasher 0 Disposal 0 Microwave IE] Washer/Oryer n Other (describe) Finished area above orade contains: 7 Rooms 4 Bedrooms 1.5 Bath(s) 2116 Square Feet of Gross Living Area Above Grade . Additional features (special eneroy efficient items, etc.!. Tvnical far similar tvne nronerties in the area. Whale house fan. One bedroom has a walk-in closet Basement has a concrete fioor but is unfinished. Describe the condition of the oropertv (includino needed renairs, deterioration, renovations, remodelino, etc.1. The subiect is in averaae condition. The construction aualitv is tvoical far aae in comoarison to comoetinn nelnhborhoods. Based on maintenance condition and comoarison to comoetino neiohborhoods the estimated age is below the actual ane. No economic or functional absolescence noted. The third fioor is finsihed but not heated and therefore is not included in the GLA. Are there anv physical deficiencies or adverse conditions that affect the livability, soundness, or structural inteority of the propertv? IXI Yes [] No If Yes, describe There is some deferred maintenance to a ceilinns in two seconf fioor bedrooms caused bv water damaae. Estimated cast to cure is $1 500. Does the property oenerally conform to the neiohborhood (functional utilitv, stvle, condition, use, construction, etc.)? IXI Yes r l No II No, describe Uniform Residential Appraisal Report Freddie Mac Farm 70 March 2005 Page 1 of 6 Fannie Mae Form 1004 March 2005 Form 1004 - "TOTAL for Windows" appraisal software by a la mode, inc. - 1-BOO-ALAMODE There are 3 comoarable orooerties currentlv offered for sale in the subject neiohborhood rannlnn In orlce from $ 70 000 to $ 115000 There are 4 comoarable sales in the sublect neiohborhood within the oast tweive months ranoino In sale Orlce from $ 70 000 to $ 115000 FEATURE T SUBJECT COMPARABLE SALE # 1 COMPARABLE SALE # 2 COMPARABLE SALE # 3 Address 3312 Trindle Road 2501 Market Street 2311 Gettysburg Road 812 Hummel Avenue Camo Hill PA 17011-4433 Camo Hill PA Camo Hill PA Lemovne PA Proximitv to Subiect 0.51 miies 0.98 miles 1.91 miles Sale Price $ NA 1$ 114000 .... $ 74900 1$ 85 000 Sale Price/Gross Liv. Area $ so.!t. $ 85.39 so.ft.1 $ 55.11 so.!t. $ 61.68 so.flT Data Source(s) MLS-STEB MLS-STEB MLS-STEB Verification Source(s) TAX ASSESSMENT RECORDS TAX ASSESSMENT RECORDS TAX ASSESSMENT RECORDS VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION + (-) $ Adiustment DESCRIPTION +1.) $ Adiustment DESCRIPTION H) $ Adiustment Sales or Financing CONVNTIONAL o CASH o CONVNTIONAL 0 Concessions ..... NONE KNOWN o NONE KNOWN o NONE KNOWN 0 Date of Salemme ..;- 08/2007 o 02/2008 o 03/2008 0 Location AVERAGE SIMILAR o SIMILAR o SIMILAR 0 Leasehold/Fee Simole FEE SIMPLE FEE SIMPLE o FEE SIMPLE o FEE SIMPLE 0 Site 0.28 AC MIL 0.12 AC MIL o 0.07 AC MIL o 0.06 AC MIL 0 View TYPICAL TYPICAL o TYPICAL o TYPICAL 0 Deslon (Stvle) .5 DUPLEX .5 DUPLEX o .5 DUPLEX o .5 DUPLEX 0 Qualitv of Construction BRICK/AVG VINYLlAVG +2 000 BRICK/AVG o ALUM/AVG + 2 000 Actual Age 108 YEARS 78 YEARS o 98 YEARS o 98 YEARS 0 Condition AVERAGE GOOD -10000 AVERAGE o AVERAGE 0 Above Grade Total 1 Bdrms.1 Baths Total I Bdrms.1 Baths Total! BdrmJ Baths Total IBdrms.1 Baths Room Count 7 I 4 I 1.5 5 I 3 11.5 0 6 T 3 I 1 +1500 6 I 3 11.5 0 Gross Livino Area 2116 so.ft. 1335 sq.ft. +7800 1 359 sO.ft. +7600 1 378 sO.ft. +7400 Basement & Finished FULL FULL o FULL o FULL 0 Rooms Below Grade NONE NONE o NONE o NONE 0 Functional Utilitv AVERAGE SIMILAR o SIMILAR o SIMILAR 0 _ Heatino/Cooling HWBB/C FANS HWBB/C FANS o HWBB/NONE o FWA/NONE 0 ~ Enerov Efficient Items STANDARD SIMILAR o SIMILAR o SIMILAR 0 : Garaoe/Carnort OFF STREET OFF STREET o 1 CAR DET -1500 OFF STREET 0 - Porch/Patio/Deck CV PC PT BC CV PCH PT BC o CV PC PT BC o CV PCH-CV PT +1000 . Other NONE NONE o NONE o NONE 0 Other NONE NONE o NONE o NONE 0 . Net Adiustment !Totall n+ 15<1- $ 200 15<1+ 1'"1- $ 7600 15<1 + il- $ 10400 Adjusted Sale Price Net Adj. 0.2% Net Adj. 10.1 % Net Adj. 12.2% of Comoarables Gross Adi. 17.4 % $ 113800 Gross Adi. 14.2 % $ 82 500 Gross Adi. 122% $ 95 400 I 15<1 did I I did not research the sale or transfer history of the subiect rnoertv and comoarable sales. If not, eXolain No avtnical conditions noted. Mv research r l did !Xl did not reveal any orior sales or transfers 01 the sublecl orooertv for the three vears nrior to the effective date of this aooraisal. Data Source(s) Public records. Mv research [Xl did il did not reveal any orior sales or transfers 01 the comoarable sales for the vear nrior to the date of sale of the comnarable sale. Data Sourcels) Public records. Reoort the results of the research and analvsis of the orior sale or transfer history of the subiectnronertv and comnarable sales Ireoort additional orior sales on PaDe 3\:" ITEM SUBJECT COMPARABLE SALE #1 COMPARABLE SALE #2 COMPARABLE SALE #3 Date of Prior SalelTransfer NONE NONE NONE NONE Price of Prior SalelTransfer WITHIN 3 YEARS WITHIN 1 YEAR WITHIN 1 YEAR WITHIN WEAR Data Sourcels) PUBLIC RECORDS PUBLIC RECORDS PUBLIC RECORDS PUBLIC RECORDS Effective Date of Data Sourcels\ 04/01/2008 04/01/2008 04/01/2008 04/01/2008 Analvsis of prior sale or transfer hlstorv of the subiect oropertv and comparable sales All nrior sal8lS\ of the sub' ect orooertv occurred more than three vears aoo. Prior sale of comnarable #4 was a deed transfer. All other orior sale{s) of the comoarable sales occurred more than one vear ana. No atvnical conditions noted. Summary of Sales Comparison Annroach After a search of available market data the four closed sales disnlaved are considered to be the best indicators of value. Adiustments were made to reflect market reactions to those items of sionificant variation between subiect and comnarables.The adiustment for condition to comoarable #1 was necessarv because ner the MLS the descriotion imolies it is in move-in condition. The subiect nronertv has some deferred maintenance and oer the MLS comoarable sales 2-4 were in need of some maintenance at the time of their most recent sales thus beino in similar condition to the sub' ect nronertv Adiustments were made for number of bathrooms. No adiustment was made for number of bedrooms instead this adiustment is included in the GLA adiustment. All comnarables were weiohted and considered The adiusted ranne of values for the comnarables is $82 500. to $113 800. Indicated Value bv Sales Comoarison Ap-oroach $ 95 000 Indicated Value bv: Sales Comparison Approach $ 95 000 Cost Approach (If develoDed) $ 99 652 Income Approach (If developed) $ NA Greatest weioht is oiven to the Sales Comoarison Aooroach as it reflects the tvnical actions of buvers and sellers in the marketolace. . . This appraisal is made ~ "as is", 0 subject to completion per plans and specifications on the basis of a hypothetical condition that the improvements have been completed, 0 subject to the following repairs or alterations on the basis of a hypothetical condition that the repairs or alterations have been completed, or 0 subject to the . followlno required inspection based on the extraordinarv assumotion that the condition or deficiency does not reouire alteration or reoair: No warrantv of the aooraised is I oiven or Imolied. No liabilitv is assumed for the structural or mechanical elements of the nrooertv. Based on a complete visual Inspection of the Interior and exterior areas of the subject propertli' defined scope of work, statement of assumptions and limiting conditions, and appraiser's certification, my (our) opinion of the market value, as defined, of he real property that is the subject of this report is $ 95,000 as of 04/01/2008 which Is the date of inspection and the effective date of this appraisal. Uniform Residential Appraisal Report IFile No. 08040481 Paoe #61 FURBER File # 0804048 Freddie Mac Form 70 March 2005 Page 2 of 6 Fannie Mae Form 1004 March 2005 Form 1004 - "TOT AL for Windows" appraisal software by a la mode, inc. - l-BOO-ALAMODE [File No. 08040481 Paae #71 ZONING DISCRIPTION: HDRO Hioh-Densitv Residential/Office District: to orovide for hioh densitv residential neiohborhoods with a mix of housino tvoes' to orotect these areas from incomoatible uses' to also orovide oooortunities for offices and certain Iloht business uses. (the information above was obtained from the Borouoh of Camp Hill) . . . . COS1APPROACHrO VALUE (notreaull'edbv, Fannie Mae) Provide adeouate information for the lender/client to replicate the below cost fiaures and calculations. Support for the opinion of site value (summarv of comparable land sales or other methods for estimatinq site value) Land value is an estimate based on the limited number of land sales in the area. ESTIMATED r'l REPROOUCTION OR rx1 REPLACEMENT COST NEW OPINION Of SITE VALUE.. ................. m........ ..... ... -$ 20 000 ; Source of cost data Marshall & Swift Cost Guide DWELLING 2116 SqH @ $ 38.61 -$ 81699 . Qualitv ratina from cost service AVG Effective date of cost data 04/01/2008 1 052 SaH @ $ $ 18.16 19104 Comments on Cost Aooroach (aross livina area calculations, depreciation, etc.) CV PORCH-CV PATIO -$ 5400 Marshall & Swift cost euide alone with the aooraisers exoerience have Garaoe/Caroort o SoH @$ =$ . been used to arrive at a renlacement cost fiaure. Land value is an Total Estimate of Cost-New =$ 106 203 estimate based on a limited number of land sales in the area. In view of Less Physical I Functional TExternal the ace of the imnrovements the cost aooroach cannot be considered an Deoreciation 265511 I -$( 26551 accurate indicator of value. The estimated remainino economic life of the Depreciated Cost of Improvements ....m.................. "m.. -$ 79 652 subiect nrooertv is 45+/- vears. "As-is" Value of Site Improvements ............... -$ Estimated Remainino Economic Life (HUD and V A only) 45 Years INDICATED VALUE BY COST APPROACH ... .......... m................ -$ 99,652 INCOME APPROACHrO VALUE (ribt ffqulttd by Fan hie Mae)" ; .;, Estimated Monthlv Market Rent $ NA X Gross Rent Muniplier NA = $ Indicated Value bv Income Approach . Summarv of Income Approach lincludino suoport for market rent and GRM) NA PROJECr INFORMArlON FORPUOa (lfsDllllcable) Is the develooer/builder in control of the Homeowners' Association (HOA)? il Yes I l No Unit tvoels) I l Detached rl AttaChed Provide the following information for PUDs ONLY if the developer/builder is in control of the HOA and the subiect propertv is an attached dwelling unit. Leoal Name of Proiect NA Total number of phases Total number of units NA Total number of units sold . Total number of units for sale Data source(s) Total number of units rented NA . Was the proiect created bv the conversion of existina buildina(s) into a PUD? rl Yes l No If Yes, date of conversion. NA ~ Does the oroiect contain any multi-dwellinn units? n Yes n No Data Source Are the units, common elements, and recreation facilities comolete? rl Yes rl No If No, describe the status of comoletion. NA . Are the common elements leased to or bv the Homeowners' Association? II Yes il No If Yes, describe the rental terms and ootions, NA Describe common elements and recreational facilities. NA Uniform Residential Appraisal Report FURBER File # 0804048 Freddie Mac Form 70 March 2005 Page 3 of 6 Fannie Mae Form 1004 March 2005 Form 1004 - "TOTAL for Windows" appraisal software by a la mode, inc. -1-800.ALAMODE !File No. 08040481 PaQe #81 Uniform Residential Appraisal Report FURBER File If 0804048 This report form is designed to report an appraisai of a one-unit property or a one-unit property with an accessory unit; including a unit in a planned unit development (PUD), This report form is not designed to report an appraisal of a manufactured home or a unit in a condominium or cooperative project. This appraisal report is subject to the following scope of work, intended use, intended user, detinition ot market value, statement of assumptions and limiting conditions, and certifications, Modifications, additions, or deletions to the intended use, intended user, definition of market value, or assumptions and limiting conditions are not permitted. The appraiser may expand the scope of work to include any additional research or analysis necessary based on the complexity of this appraisal assignment Modifications or deletions to the certifications are also not permitted, However, additional certifications that do not constitute material alterations to this appraisal report, such as those required by law or those related to the appraiser's continuing education or membership in an appraisal organization, are permitted, SCOPE OF WORK: The scope of work for this appraisal is defined by the complexity of this appraisal assignment and the reporting requirements of this appraisal report form, including the following definition of market value, statement of assumptions and limiting conditions, and certifications, The appraiser must, at a minimum: (1) perform a complete visual inspection of the interior and exterior areas of the subject property, (2) inspect the neighborhood, (3) inspect each of the comparable sales from at least the street, (4) research, verify, and analyze data from reliable public and/or private sources, and (5) report his or her analysis, opinions, and conclusions in this appraisal report. INTENDED USE: The intended use of this appraisal report is for the lender/client to evaluate the property that is the subject of this appraisal for a mortgage finance transaction, INTENDED USER: The intended user of this appraisai report is the iender/client 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 or she considers his or her 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 lor 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 ASSUMPTIONS AND LIMITING CONDITIONS: The appraiser's certilication in this report is subject to the fOllowing assumptions and limiting 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, except for information that he or she became aware of during the research involved in performing this appraisal. The appraiser assumes that the title is good and marketable and will not render any opinions about the title, 2, The appraiser has provided a sketch in this appraisal report to show the approximate dimensions of the improvements, The sketch is included only to assist the reader in visualizing the property and understanding the appraiser's determination of its size, 3. The appraiser has examined the available flood maps that are provided by the Federal Emergency Management Agency (or other data sources) and has noted in this appraisal report whether any portion of the subject site is located in an identified Special Flood Hazard Area. Because the appraiser IS not a surveyor, he or she makes no guarantees, express or implied, regarding this determination, 4. The appraiser will not give testimony or appear in court because he or she made an appraisal 01 the property in question, uniess specific arrangements to do so have been made beforehand, or as otherwise required by law, 5, The appraiser has noted in this appraisal report any adverse conditions (such as needed repairs, deterioration, 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 research involved in performing the appraisal. Unless otherwise stated in this appraisal report the appraiser has no knowledge 01 any hidden or unapparent physical de1iciencies or adverse conditions of the property (such as, but not limited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances, adverse environmental conditions, etc,) that would make the property less valuable, and has assumed that there are no such conditions and makes no guarantees or warranties, express or Implied, 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, this appraisal report must not be considered as an environmental assessment of the property. 6. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to satisfactory completion, repairs, or alterations on the assumption that the completion, repairs, or alterations of the subject property will be performed in a professional manner. Freddie Mac Form 70 March 2005 Page 4 01 6 Fannie Mae Form 1004 March 2005 Form 1004 - "TOTAL for Windows" appraisal software by a la mode, inc, -1-800.ALAMODE IFile No. 08040481 PaGe #91 Uniform Residential Appraisal Report FURBER File # 0804048 APPRAISER'S CERTIFICATION: The Appraiser certifies and agrees that: 1. I have, at a minimum, developed and reported this appraisal in accordance with the scope of work requirements stated in this appraisal report. 2. I periormed a complete visual inspection of the interior and exterior areas of the subject property. I reported the condition of the improvements in factual, specific terms. I identified and reported the physical deficiencies that could affect the livability, soundness, or structural integrity of the property. 3. I periormed this appraisal in accordance with the requirements 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 place at the time this appraisal report was prepared. 4. I developed my opinion of the market value of the real property that is the subject of this report based on the sales comparison approach to value. I have adequate comparable market data to develop a reliable sales comparison approach for this appraisal assignment. I further certify that I considered the cost and income approaches to value but did not develop them, unless otherwise indicated in this report. 5. I researched, verified, analyzed, and reported on any current agreement for sale for the subject property, any offering for sale of the subject property in the twelve months prior to the effective date of this appraisal, and the prior sales of the subject property for a minimum of three years prior to the effective date of this appraisal, unless otherwise indicated in this report. 6. I researched, verified, analyzed, and reported on the prior sales of the comparable sales for a minimum of one year prior to the date of sale of the comparable sale, unless otherwise indicated in this report. 7. I selected and used comparable sales that are locationally, physically, and functionally the most similar to the subject property. 8. I have not used comparable sales that were the result of combining a land sale with the contract purchase price of a home that has been built or will be built on the land. 9. I have reported adjustments to the comparable sales that reflect the market's reaction to the differences between the subject property and the comparable sales. 10. I verified, from a disinterested source, all information in this report that was provided by parties who have a financial interest in the sale or financing of the subject property. 11. I have knowledge and experience in appraising this type of property in this market area. 12. I am aware of, and have access to, the necessary and appropriate public and private data sources, such as multiple listing services, tax assessment records, public land records and other such data sources for the area in which the property is located. 13. I obtained the information, estimates, and opinions furnished by other parties and expressed in this appraisal report from reliable sources that I believe to be true and correct. 14. I have taken into consideration the factors that have an impact on value with respect to the subject neighborhood, subject property, and the proximity of the subject property to adverse influences in the development of my opinion of market value. I have noted in this appraisal report any adverse conditions (such as, but not limited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) observed during the inspection of the subject property or that I became aware of during the research involved in periorming this appraisal. i have considered these adverse conditions in my analysis of the property value, and have reported on the effect of the conditions on the value and marketability of the subject property. 15. I have not knowingly withheld any significant information from this appraisal report and, to the best of my knowledge, all statements and information in this appraisal report are true and correct. 16. I stated in this appraisal report my own personal, unbiased, and professional analysis, opinions, and conclusions, which are SUbject only to the assumptions and limiting conditions in this appraisal report. 17. 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 opinion of market value in this 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. 18. My employment and/or compensation for periorming this appraisal or any future or anticipated appraisals was not conditioned on any agreement or understanding, written or otherwise, that I would report (or present analysis supporting) a predetermined specific value, a predetermined minimum value, a range or direction in value, a vaiue that favors the cause of any party, or the attainment of a specific result or occurrence of a specific subsequent event (such as approval of a pending mortgage loan application). 19. I personally prepared all conclusions and opinions about the real estate that were set forth in this appraisal report. If I relied on significant real property appraisal assistance from any individual or Individuals in the periormance of this appraisal or the preparation of this appraisal report, I have named such individual(s) and disclosed the specific tasks periormed in this appraisal report. I certify that any individual so named is qualified to periorm the tasks. I have not authorized anyone to make a change to any item in this appraisal report; therefore, any change made to this appraisal is unauthorized and I will take no responsibility for it. 20. I identified the lender/client in this appraisal report who is the individual, organization, or agent for the organization that ordered and will receive this appraisal report. Freddie Mac Form 70 March 2005 Page 5 of 6 Fannie Mae Form 1004 March 2005 Form 1004 - "TOTAL for Windows" appraisal software by a la mode, inc. -1.80Q.ALAMODE IFile No. 08040481 Paae #101 Uniform Residential Appraisal Report FURBER File # 0804048 21. The lender/client may disclose or distribute this appraisal report to: the borrower; another lender at the request of the borrower; the mortgagee or its successors and assigns: mortgage insurers; government sponsored enterprises; other secondary market participants; data collection or reporting services; professional appraisal organizations; any department, agency, or instrumentality of the United States; and any state, the District of Columbia, or other jurisdictions: without having to obtain the appraiser's or supervisory appraiser's (if applicable) consent. Such consent must be obtained before this appraisal report may be disclosed or distributed to any other party (including, but not limited to, the public through advertising, public relations, news, sales, or other media). 22. I am aware that any disclosure or distribution of this appraisal report by me or the lender/client may be subject to certain laws and regulations. Further, I am also subject to the provisions of the Uniform Standards of Professional Appraisal Practice that pertain to disclosure or distribution by me. 23. The borrower, another lender at the request of the borrower, the mortgagee or its successors and assigns, mortgage insurers, government sponsored enterprises, and other secondary market participants may rely on this appraisal report as part of any mortgage finance transaction that involves anyone or more of these parties. 24. If this appraisal report was transmitted as an "electronic record" containing my "electronic signature," as those terms are defined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of this appraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable and valid as if a paper version of this appraisal report were delivered containing my original hand written signature. 25. Any intentional or negligent misrepresentation(s) contained in this appraisal report may result in civil liability and/or criminal penalties including, but not limited to, fine or imprisonment or both under the provisions of Title 18, United States Code, Section 1001, et seq., or similar state laws. SUPERVISORY APPRAISER'S CERTIFICATION: The Supervisory Appraiser certifies and agrees that: 1. I directly supervised the appraiser for this appraisal assignment, have read the appraisal report, and agree with the appraiser's analysis, opinions, statements, conclusions, and the appraiser's certification. 2. I accept full responsibility for the contents of this appraisal report including, but not limited to, the appraiser's analysis, opinions, statements, conclusions, and the appraiser's certification. 3. The appraiser identified in this appraisal report is either a sub-contractor or an employee of the supervisory appraiser (or the appraisal firm), is qualified to perform this appraisal, and Is acceptable to perform this appraisal under the applicabie state law. 4. This appraisal report complies with the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the time this appraisal report was prepared. 5. If this appraisal report was transmitted as an "electronic record" containing my "electronic signature," as those terms are defined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of this appraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable and valid as if a paper version of this appraisal report were delivered containing my original hand written signature. SUPERVISORY APPRAISER (ONLY IF REaUIRED) Signature Name C H. Davis, ertlfied Residential Appraiser Company Name Fairway Appraisals Company Address 219 Putters Circle Dillsburg, PA 17019 Telephone Number 717-432-8586 Email Addresschrishdavis@comcast.net Date of Signature and Report April 09. 2008 Effective Date of Appraisal 04/01/2008 State Certification # RL 139387 or State License # or Other (describe) State # State PA Expiration Date of Certification or License 6/30/2009 Signature Name Company Name Company Address Telephone Number Email Address Date of Signature State Certification # or State License # State Expiration Date of Certification or License SUBJECT PROPERTY ADDRESS OF PROPERTY APPRAISED 3312 Trindle Road Camp Hill, PA 17011-4433 APPRAISED VALUE OF SUBJECT PROPERTY $ 95,000 LENDER/CLIENT Name Joe Furber Company Name Furber Estate Company Address 3312 Trindle Road, Camp Hill, PA 17011 o Did not inspect subject property o Did inspect exterior of subject property from street Date of Inspection o Did inspect interior and exterior of subject property Date of Inspection COMPARABLE SALES Email Address o Did not inspect exterior of comparable sales from street o Did inspect exterior of comparable sales from street Date of Inspection Freddie Mac Form 70 March 2005 Page 6 of 6 Fannie Mae Form 1004 March 2005 Form 1004 - "TOTAL for Windows" appraisal software by a la mode, inc. -1-800-ALAMODE FEATURE SUBJECT COMPARABLE SALE # 4 COMPARABLE SALE # 5 COMPARABLE SALE #6 Address 3312 Trindle Road 615 Hummel Avenue Camo Hill PA 17011-4433 Lemovne PA Proximity to Sublect 2.05 miles Sale Price $ NA $ 86 000 1$ 1$ Sale Price/Gross Liv. Area $ sq.ft. $ 55.84 so.ft. $ SQ.ft.1 $ SQ.ft. Data Source!s) MLS-STEB Verification Sourcefs) TAX ASSESSMENT RECORDS VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION + (.) $ Adjustment DESCRIPTION +(-) $ Adjustment DESCRIPTION +(.) $ Adiustment Sales or Financing CONVNTIONAL 0 Concessions NONE KNOWN 0 Date of Sale/Time 02/2008 0 Location AVERAGE SIMiLAR 0 Leasehold/Fee Simole FEE SIMPLE FEE SIMPLE 0 Site 0.28 AC M/L 0.06 AC M/L 0 View TYPICAL TYPICAL 0 Design (Stvle) .5 DUPLEX .5 DUPLEX 0 . Quality of Construction BRICKlAVG ALUM/AVG +2 000 ~ Actual Aae 108 YEARS 83 YEARS 0 . Condition AVERAGE AVERAGE 0 . Above Grade Total I Bdrms.1 Baths Total I Bdrms.1 Baths Total I Bdrms. Baths Total I Bdrms.1 Baths Room Count 7 I 4 I 1.5 6 I 3 I 1 +1500 I I I Gross Livina Area 2116 sq.ft. 1540 sa.ft. +5 800 sq.ft. sq.ft. Basement & Finished FULL FULL 0 Rooms Below Grade NONE NONE 0 Functional Utility AVERAGE AVERAGE 0 Heating/Coolina HWBB/C FANS FWAlNONE 0 Enemv Efficient Items STANDARD STANDARD 0 Garage/Carport OFF STREET OFF STREET 0 Porch/Patio/Deck CV PC PT BC CV PC PT BC 0 Other NONE NONE 0 Other NONE NONE 0 Net Adjustment (lotall M+ D. $ 9300 0+ I I- $ fl + [] - $ Adjusted Sale Price Net 10.8 % Net % Net % of Comparables Gross 10.8 % $ 95 300 Groll % $ Groll % $ Report the results of the research and analysis of the rior sale or transfer history of the SUbject orooerty and comoarable sales (reoort additional prior sales on page 3). ITEM SUBJECT COMPARABLE SALE # 4 COMPARABLE SALE # 5 COMPARABLE SALE # 6 Oate of Prior Sale!Transfer NONE 09/25/2007 Price of Prior Sale!Transfer WITHIN 3 YEARS $1. ~ Data Source(s) PUBLIC RECORDS PUBLIC RECORDS Effective Date of Data Source!s) 04/01/2008 04/01/2008 Analysis of prior sale or transfer history of the sUbiect property and comparable sales See oaqe 2 of 6. Analysis/Comments . Freddie Mac Form 70 March 2005 IFile No 08040481 Pace #111 Uniform Residential Appraisal Report FURBER File # 0804048 Fannie Mae Form 1004 March 2005 Form 1004.(AC) - "TOTAL for Windows" appraisal software by a la mode, inc. -1-800-ALAMODE Subject Photo Page IFile No. 08040481 Paoe #121 Borrower/Client Estate of Rita C. Ruber Prooertv Address 3312 Trindle Road City Camo Hill Countv Cumberland State PA ZiD Code 17011-4433 Lender Furber Estate Subject Front 3312 Trindle Road Sales Price NA Gross Living Area 2.116 Total Rooms 7 Total Bedrooms 4 Total Bathrooms 1.5 Location AVE RAG E View TYPICAL Site 0.28 AC M/L Quality BRICK/AVG Age 108 YEARS Subject Rear Subject Street Form PIC3x5.SR - "TOTAL for Windows" appraisal software by a la mode, inc. -1-800-ALAMODE IFile No. 08040481 Paoe #131 Building Sketch (Page - 1) Borrower/Client Estate of Rita C. Ruber ?rooertv Address 3312 Trindle Road City Camo Hill Countv Cumberland State PA liD Code 17011-4433 Lender Furber Estate 16.0' 4.0' 16.0' 4.0' 16.0' r"--" 1 , ~ , ;a , BATH , :i i> ~Q io 2: 0 ,(' b i~~ b @o ~Cj KITCHEN .,; !<" 0 ~ 1<0 N N bN ~N 0~ ILl BEDROOM ! i 4.0' i 4.0' i 4.0' ~Q ,(' 0 ~Cj 0 0 DINING ROOM 0 0 BEDROOM :! !<" :! :! 0 0~ .; <0 <0 '" '" '" "v'f> "v'f> 0 0 0 .. ~Q .. .. ~6" ,(' ~6" ~Cj #" LIVING ROOM -:; 0 0 a: :! :! w >- 0 u. , ~f "'I , , i 20.0' : i CV.PORCH i ~ : ___.__.__... __.__.___.__.______.i 10.0' 20.0' 4.0' BASEMENT 20.0' FIRST FLOOR SECOND FLOOR Sl<et~b'f~~IV'" Comments: AREA CALCULATIONS SUMMARY LIVING AREA BREAKDOWN Code Description Net Size Net Totals Breakdown Subtotals GLAl First Floor 1052.0 1052.0 First Floor GLA2 Second Floor 1064.0 1064.0 20.0 x 22.0 440,0 BSMT Ba.ement 1052.0 1052.0 2.0 x 4.0 8.0 pIp Porch 180.0 0.5 x 2.0 x 2.0 2.0 porch 80.0 0.5 x 2.0 x 2.0 2.0 Poroh 80.0 340.0 16.0 x 20.0 320.0 14.0 x 20.0 280.0 Second Floor 0.5 x 2.0 x 2.0 2.0 4.0 x 8.0 32.0 2.0 x 4.0 8.0 0.5 x 2.0 x 2.0 2.0 0.5 x 2.0 x 2.0 2.0 4.0 x 14.0 56.0 4.0 x 14.0 56.0 6.0 x 56.0 336.0 0.5 x 2.0 x 2.0 2,0 2.0 x 4.0 8.0 10,0 x 56.0 560.0 Net LIVABLE Area (Rounded) 2116 17 Items (Rounded) 2116 Form SKlBldSkl- "TOTAL for Windows" appraisal software by a la mode, inc. - 1.800.ALAMODE ~ loca ,on aonowe\/CI\enl Esta.te 01 Rita. C, Ru\)er Stale PA Iin Coile HO'l'l-44'.)'.) PronerN MdlesS 33'12 irindle Road counW cumberland CII" Came Kill \lendel rurber Estate f MaP \ r<~ ~ <:1.1 ""D'""- .'}!.."":;-"" I d 'ne _ t_800-Jl.lJl.N\OOE "101 Jl.l tor '/'lIOOOWS" appraisal soltware \l~ a a 11\0 e, \ ' 1'0(111 WlW.lOC - Comparable Photo Page IFile No. 08040481 Paoe #151 Borrower/Client Estate of Rita C. Ruber Prooertv Address 3312 Trindle Road Citv Camo Hill County Cum berland State PA Zio Code 17011-4433 Lender Furber Estate Comparable 1 2501 Market Street Prox. to Subject 0.51 miles Sale Price 114,000 Gross Living Area 1,335 Total Rooms 5 Total Bedrooms 3 Total Bathrooms 1.5 Location SIMILAR View TYPICAL Site 0.12 AC MIL Quality VINYUAVG Age 78 YEARS Comparable 2 2311 Gettysburg Road Prox. to Subject 0.98 miles Sale Price 74,900 Gross Living Area 1,359 Total Rooms 6 Total Bedrooms 3 Total Bathrooms 1 Location SIMILAR View TYPICAL Site 007 AC MIL Quality BRICK/AVG Age 98 YEARS Comparable 3 812 Hummel Avenue Prox. to Subiect 1.91 miles Sale Price 85,000 Gross Living Area 1,378 Total Rooms 6 Total Bedrooms 3 Total Bathrooms 1.5 Location SIMILAR View TYPICAL Site 0.06 AC MIL Quality ALUM/AVG Age 98 YEARS Form PIC3x5.CR - "TOTAL for Windows' appraisal software by a la mode, inc. -1-800-ALAMOOE Comparable Photo Page IFile No. 08040481 Paoe #161 Borrower/Client Estate of Rita C. Ruber Prooertv Address 3312 Trindle Road CilV Camo Hill County Cumberland State P A Zlo Code 17011-4433 Lender Furber Estate Comparable 4 615 Hummel Avenue Prox, to Subject 2,05 miles Sale Price 86,000 Gross Living Area 1.540 Total Rooms 6 Total Bedrooms 3 Total Bathrooms 1 Location SIMILAR View TYPICAL Site 0,06 AC M/L Quality ALUM/AVG Age 83 YEARS Comparable 5 Prox. to Subject Sale Price Gross Living Area Total Rooms Total Bedrooms Total Bathrooms Location View Site Quality Age Comparable 6 Prox. to Subject Sale Price Gross Living Area Total Rooms Total Bedrooms Total Bathrooms Location View Site Quality Age Form PIC3x5,CR - "TOTAL for Windows" appraisal software by a la mode, inc, -1.800.ALAMOOE lFile No. 08040481 Paoe #171 MULTI-PURPOSE SUPPLEMENTAL ADDENDUM FOR FEDERALLY RELATED TRANSACTIONS Borrower/Client Estate of Rita C. Ruber Property Address 3312 Trindle Road City Camo Hill County Cumberland State PA Zio Code 17011-4433 Lender Furber Estate Fairway Appraisals This Multi-Purpose Supplemental Addendum for Federally Related Transactions was designed to provide the appraiser with a convenient way to comply with the current appraisal standards and requirements of the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of Currency (OCC), The Office of Thrift Supervision (OTS), the Resolution Trust Corporation (RTC), and the Federal Reserve. This Multi-Purpose Supplemental Addendum Is for use with any appraisal. Only those statements which have been checked by the appraiser apply to the property being appraised. ~ PURPOSE & FUNCTION OF APPRAISAL The purpose of the appraisal is to estimate the market value of the subject property as defined herein. The function of the appraisal is to assist the above-named Lender in evaluating the sUbject property for lending purposes. This Is a federally related transaction. ~ EXTENT OF APPRAISAL PROCESS ~ The appraisal is based on the Information gathered by the appraiser from PUblic records, other identified sources, inspection of the subject property and neighborhoOd, and selection of comparable sales within the subject market area. The original source of the comparables is shown in the Data Source section of the market grid along with the source of confirmation, if available. The original source is presented first. The sources and data are considered reliable. When conflicting information was provided, the source deemed most reliable has been used. Data believed to be unreliable was not included in the report nor used as a basis for the value conclusion. [8J The Reproduction Cost is based on the Marshall & Swift cost Quide supplemented by the appraiser's knowledge of the local market. ~ Physical depreciation is based on the estimated effective age of the subject property. Functional and/or external depreciation, if present, is specifically addressed in the appraisal report or other addenda. In estimating the site value, the appraiser has relied on personal knowledge of the local market. This knOWledge is based on prior and/or current analysis of site sales and/or abstraction of site values from sales of improved properties. ~ The subject property is located in an area of primarily owner-occupied single family residences and the Income Approach is not considered to be meaningful. For this reason, the Income Approach was not used. D The Estimated Market Rent and Gross Rent Multiplier utilized in the Income Approach are based on the appraiser's knowledge of the subject market area. The rental knowledge is based on prior and/or current rental rate surveys of residential properties. The Gross Rent Multiplier is based on prior and/or current analysis of prices and market rates for residential properties. D For income producing properties, actual rents, vacancies and expenses have been reported and analyzed. They have been used to project future rents, vacancies and expenses. [8J SUBJECT PROPERTY OFFERING INFORMATION According to publiC records the subject property: ~ has not been offered for sale in the past: D 30 days ~ 1 year o 3 years. D is currently offered for sale for $ D ~ for sale within the past: D 30 days D 1 year o 3 years for $ D Offering Information was considered in the final reconciliation of value. D Offering information was not considered in the final reconciliation of value. D Offering information was not available. The reasons for unavailability and the steps taken by the appraiser are explained later in this addendum. [2J SALES HISTORY OF SUBJECT PROPERTY According to public records the sUbject property: ~ Has not transferred D in the past twelve months. ~ in the past thirty-six months. D in the past 5 years. 0 Has transferred o in the past twelve months. 0 in the past thirty-six months. o in the past 5 years. 0 All prior sales which have occurred in the past 3 years are listed below and reconciled to the appraised value, either in the body of the report or in the addenda. Date Sales Price Document # Seller Buyer ~ FEMA FLOOD HAZARO DATA t'2J Subject property is not located in a FEMA Special Flood Hazard Area. D Subject property ~ in a FEMA Special Flood Hazard Area, I Zone FEMA Map/Panel # Map Date Name of Community C 4203570001B 12/11/1981 Camp Hill Borouah. Cumberland County 0 The community does not oarticioate in the National Flood Insurance Program. ~ The community d.Q.ti..PuiJ!ilJe.ln the National Flood Insurance Program. [J It is covered by a @JlIa[ program. D It is covered by an ~ program. Page 1 of 2 Form MPA3 - "TOT AL for Windows" appraisal software by a la mode, inc. -1-800-ALAMODE [File No. OS0404S1 Paoe #lsl ~ CURRENT SALES CONTRACT ~ The subject property is currently not under contract. 0 The contract and/or escrow instructions were not available for review. The unavailability of the contract is explained later in the addenda section. 0 The contract and/or escrow instructions were reviewed. The tollowing summarizes the contract: I Contract Date Amendment Date Contract Price Seller I I l D The contract indicated that personal property was not included in the sale. D The contract indicated tilat personal property was included. It consisted ot D Estimated contributory value is $ Personal property was not included in tile tinai value estimate. D Personal property was included in the final value estimate. D The contract indicated no financin9 concessions or other incentives. D The contract indicated the lollowing concessions or incentives: D If concessions or incentives exist, the comparables were checked for similar concessions and appropriate adjustments were made, if applicable, so that the tinal value conclusion is in compliance with the Market Value defined herein. ~ MARKET OVERVIEW Include an explanation of current market conditions and trends. 2-6 months is considered a reasonable marketing period for the sUbject property based on MLS statistics and Cumberland county records. ~ ADDITIONAL CERTIFICATION The Appraiser certifies and agrees that: (1) The anaiyses, opinions and conclusions were developed, and tilis report was prepared, in conformity with the Unilorm Standards ot Protessional Appraisai Practice ("USPAP"J, except that the Departure Provision of the USPAP does not apply. (2) Their compensation is not contingent upon the reporting of predetermined value or direction in value that favors the cause of the client, the amount of the vaiue estimate, the attainment of a stipulated result, or the occurrence of a subsequent event. (3) This appraisal assignment was not based on a requested minimum valuation, a specific valuation, or the approval of a loan. ~ ADDITIONAL (ENVIRONMENTAL) LIMITING CONDITIONS The value estimated is based on the assumption that the property is not negatively affected by the existence of hazardous substances or detrimental environmentai conditions unless otherwise stated in this report. The appraiser is not an expert In the identification of hazardous substances or detrimental environmental conditions. The appraiser's routine inspection ot and inquiries about the subject property did not develop any information that indicated any apparent significant hazardous substances or detrimentai environmental conditions which would affect the property negativeiy unless otherwise stated in this report. It is possible that tests and inspections made by a qualified hazardous substance and environmentai expert wouid reveal the existence of hazardous substances or detrimental environmental conditions on or around the property that would negatively atlect its value. D ADDITIONAL COMMENTS [8J APPRAISER'S SIGNATURE & LICENSE/CERTIFICATION Appraiser's Si9~~ Effective Date 04101/2008 Date Prepared April 09, 2008 Appraiser's Name (print) Chris H. Davis, Certified Residential Appraiser Phone # 717 -432-8586 State PA D License ~ Certification # RL 139387 Tax 10 # 20-5460594 0 CO-SIGNING APPRAISER'S CERTIFICATION 0 The co-signing appraiser has personally inspected the subject property, both inside and out, and has made an exterior inspection of ail comparable sales listed in the report. The report was prepared by the appraiser under direct supervision of the co-signing appraiser. The CO-Signing appraiser accepts responsibility for the contents of the report including the value conclusions and the limiting conditions, and confirms tilat the certilications apply fully to the co-signing appraiser. D The co-signing appraiser has not personally insoected the interior 01 the subject property and: 0 has not insoected the exterior of the subject property and all comparable sales listed in the report. 0 has insoected the exterior of the subject property and all comparable sales listed in the report. 0 The report was prepared by the appraise! under direct super~isiQn of the co-signing appraiser. The co-signing appraiser accepts responsibility for the contents of the report, including the value conclusions and the limiting conditions, and confirms that the certifications apply fully to the co-signing appraiser with the exception of the certification regarding physical inspections. The above describes the level of inspection pertormed by the co-signing appraiser. 0 The co-signing appraiser's level of inspection, involvement in the appraisal process and certification are covered elsewhere in the addenda section of this appraisal. D CO-SIGNING APPRAISER'S SIGNATURE & LICENSE/CERTIFICATION Co-Signing Effective Date Date Prepared Appraiser's Signature Co-Signing Appraiser's Name (print) Phone # State D License D Certilication # Tax 10 # Page 2 of 2 Form MPA3 - "TOTAL for Windows" appraisai software by a ia mode, inc. -1-S00-ALAMDDE IFile No. 08040481 Paoe #191 r'-~U_A'---"''''''''''''''''''''''......""..a''''.[''M.~''''''''fl.'''~lll''''''''.''''''''I'''''''["'~"'"""'..""""a.1~ra__A"''''~ ~,....'\~ ~ CObtmt)n~~Jtlt, ot,P~"ns.y:lvaDia ~e""'" f!i!i~'.;:..#.tsn~:' " Bureuu of pro~':,ami~~at,iOJla, I Mfairs PO Bol~1b~;~.~Urg P1\<~~-1649 7 4534$ 9 .(:ertiJi#t, Tt~ ~~esidential Appraiser ~erijfl~l..te St. his Active >:...~. ./ r :', .. CHRIS H DAVIS 219PlJTTERS CIRCLE .~rgPA17019 Certificate 'Number , 'RL~~.$i:' I~~ci~~tineationDatl 0712812006 ~xp~tionJ)llte 0$130/2009 ~.~~;;:~::~rLI-.-t~.-'; Form SeA - "TOTAL for Windows' appraisal software by a la mode, inc. -1.800.ALAMODE IFile No. 08040481 Paoe #201 REAL ESTATE APPRAISERS PROFESSIONAL LIABILITY THIS DECLARATION PAGE IS ATTACHED TO AND FORMS PART OF THE POLICY Date Issued: 9(12/2007 Contract Number: Pl0328441 Previous Number: PL0328441 Item NAME OF INSURER STAR 1 INSURANCE COMPANY 26255 American Drive, Southfleld MI 48034-2438 Tel: /800\ 482-2726 . NAMED INSURED: Chris H. Davis DBA FairWay Appraisals 2 219 Putters Circle Dillsburg, PA 17019 POLICY PERIOD 3 From: 9f15/2007 To; 9(1512008 DEDUCTIBLE ~ OR RETENTION; 0 RETROACTIVE DATE: 9(1512006 4 Each Claim: $ 1000 LIMIT OF LIABILITY The Limit of L1abllty for each claim and In the 5 $1.000.000 Each Claim aggregate is reduced by claims expense as defined in the Policy. $ 1.000,000 Aggregate MAIL NOTICE OF LOSS TO: II J. A. PRICE AGENCY. INC. 6MO SHADY OAK ROAD - SUITE 500 6 EDEN PRAlIlJE,!'IN 55144-6176 Phone: 800-9+4-0119 - Fax: 952-944-5061 7 ANNUAL PREMIUM: $ 575 NUMBER OF APPRAISERS: 1 SURCHARGE OR TAX: $ Not ADniicable FORMS ATTACHED AT ISSUE: 8 0128PL 1102. 4138PL 1102, 0238Pl 0204, 0490PL 1102, 1171PL 1102, 2283Pl1102, 3420PL 1102. 4458Pl. 0105, Privacy Statement, 4136PL 1102, 3839Pl.1102, 0495PL 1102,1088 PL 1102 COVERAGE 15 PROVIDED ON A CLAIMS MADE BASIS. PLEASE READ CAREFULLY II Our authorized reoresentatlve Is: J. A. PRICE AGENCY, INC. 66010 SHADY OM ROAD - SUITE 500 EDEN PRAIRIE. MN 553-44-6176 Phone: 800..944-0119 . Fax: 952.940\.5061 ~I\, t,.. - thorlzed Representative 01 28 PL 11 02 Page 1 of 1 Form SeA - 'TOT AL for Windows' appraisal software by a la mode, inc. - HOO.ALAMODE EA..;, (~3-98J ,. ,& .~tI ~., SCHEDULE E CASH, BANK DEPOSITS, & MISe. PERSONAL PROPERTY .:.:;C)I,,.1i....iONVVE...\LTri OF PENNS'yLV/:-,NIA l!\jHERFA~'iCE TAX RETURN RE.SjDENT DECEDENT ESTATE OF Rita C. Furber FILE NUMBER 21-08-0285 Include the proceeds of liligalion and the date the proceeds were received by the estate. All property jointly-owned with right of survivorship must be disclosed on Schedule F ITEM NUMBER DESCRIPTION 1 . Checking account Citizen's Bank 178-9 2. Safe Deposit Box Cash 3. Personal property sold at auction furnishings, etc. 4. 1978 Buick Century 2d coupe - auction 5. Refunds VALUE AT DATE OF DEATH 26,874.24 5,509.95 8,000.00 350.00 28.98 TOTAL (Also enter on line 5, Recapitulation) $ 40,763.17 REV-1511 EX+ (10-06) SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Rita C. Furber FILE NUMBER 21-08-0285 Debts of decedent must be reported on Schedule 1 ITEM NUMBER A. DESCRIPTION AMOUNT 1. FUNERAL EXPENSES: Funeral, Burial, Casket, Service Death certificates Casket spray/Flowers Neill Funeral Home 8,124.45 72.00 169.55 75.00 B. ADMINISTRATIVE COSTS: 1 . Personal Representative's Commissions Name of Personal Representative(s} Joseph Furber Street Address 1268 Brandt Road City Mechanicsburg Year(s) Commission Paid: _Z~08 (est) 1,000.00 State ~Zip ~~_~~___._ 2. Mary Breymeier 3434 Walnut st., Camp Hill, PA 17011 AltorneyFees 2008 (est) Michael s. Travis (est) 3. Family Exemption: (If decedenfs address is not the same as claimanfs, attach explanation) 1,000.00 2,000.00 Claimant N/A ..--- Street Address City State _Zip Relationship of Claimant to Decedent 4. Probate Fees RCM YTD (EST) 147.00 245.00 5. Accountant's Fees 6. Tax Return Preparer's Fees 62.00 7. Appraisal R/E Trash hauling Costs photos / copy Auctioneer 325.00 1 ,21 8. 70 27.31 3,330.00 TOTAL (Also enter on line 9. Recapitulation) $ 1 7, 796.01 REV-1512 EX+ (12-m) '* COMMONWEAL1H OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE I DEBTS OF DECEDENT, MORTGAGE UABIUTIES, & UENS f;~TATE OF Rita C. Furber FilE NUMBER 21-08-0285 Report debts incurred by the decedent prior to death which remained unpaid as of the date of death, including unreimbursed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. Citicards 927.52 2 Household utilities 908.75 3 Hospital bill 4.98 4 Real Estate Taxes $772.11 pro rate 128.68 TOTAL (Also enter on line 10, Recapitulation) $ 1969.93 LAST liILL AND TEST AMENJTOF/ .' R{][T A C~ FURBER I, Rita C. Furber, a resident of the town of Camp Hill, County of Cumberland, Commonwealth of Pennsylvania, declare this to be my Will I revoke any and all Wills and Codicils that I have previously made. IDENTIFICATION OF FAMILY 1.01. I declare that I am widowed and that there are as of the effective date of this my Will I am the biological mother of two children born to me and of the names of Joseph E. Furber residing at 1268 Brandt Road Mechanicsburg, Pa. 17055 and Mary R. Furber Breymeier residing at 3434 Walnut Street Camphill, P A. 17011 . DEFINITION OF FAMILY TERMS 1.02. As used in this Will, the term "my children" refers to all my natural children, including any that may subsequently be born. My "natural children" include those born inside and outside of lawful marriage and any with regard to whom my parental rights have been terminated. The term' 'my children" also includes all my adopted children and any that I may subsequently adopt. The term "my children" excludes all other persons, including any stepchildren or foster children who reside with me or who may subsequently come to reside with me. As used in this Will, the term "issue" refers to all lineal descendants of the indicated person of all generations, with the relationship of parent and child at each generation determined by the definition of' 'children" set forth in this Paragraph 1.02. 1 ARTICLE 2. PAYMENT OF BURIAL EXPENSES AND DEBTS DESCRIPTION OF EXPENSES AND DEBTS 2.01. I authorize my executor(s) to pay all the expenses of (1) a funeral or memorial service; as well as for my burial in the cemetary ARTICLE 3. DISPOSITION OF TANGIBLE PERSONAL PROPERTY DISPOSITION TO CHILDREN 3.01. I give all of my tangible personal property of every kind and description, including but not limited to books, pictures, clothing, articles of household or personal use or adornment, household furnishings and effects, and automotive vehicles and their accessories, and including any money, evidences of indebtedness, documents oftide, and securities and property used in connection with the operation of any trade or business, to my children Joseph Edward Furber and Mary R. Furber Breymeier to be divided equally as between them. I give to my grandchildren Lisa M. Breymeier and Joseph Edward Furber $5,000.00 (dollars) each, to be used as they deem appropriate. ALTERNATIVE DISPOSITION TO GRANDCHILDREN 3.02. If my children do not survive me, I give all such tangible personal property to my grandchildren Joseph R. Furber and Lisa M. Breymeier which shall pass per stirpes right of representation. The share of any child of mine who predeceases me leaving issue who survive me shall pass to such issue per stirpes by right of representation. 2 aall l co ARTICLE 4. DISPOSITION OF RESIDUARY ESTATE DISPOSITION TO CHILDREN 4.01. All of the rest, residue, and remainder of the property that I own at the time of my death, both real and personal, and of every kind and description, wherever situated, to which I may be legally or equitably entitled at the time of my death (my "residuary estate"), I give outright and absolutely to my children Joseph Edward Furber and Mary R. Furber Breymeier to be divided equally as between them. ALTERNATIVE DISPOSITION TO GRANDCHILDREN 4.02. If my children do not survive me, I give my residuary estate to those my grandchildren Joseph R. Furber and Lisa M. Breymeier by per stirpes right of represenation The share of any child of mine who predeceases me leaving issue who survive me shall pass to such issue per stirpes by right of representation. FINAL ALTERNATIVE DISPOSITION 4.03. If any part of my residuary estate is not completely disposed of by the provisions of paragraphs 4.01, or 4.02, above, I give that part of my residuary estate to the persons who would receive it under the intestacy statutes of the Commonwealth of Pennsylvania in effect at the time of my death. ARTICLE 5. APPOINTMENT OF EXECUTOR APPOINTMENT 5.01. I appoint my children Joseph Edward Furber and Mary R. Furber Breymeier as executors of my estate. 3 my executor deems appropriate, including, but not limited to, the purpose of obtaining net proceeds to be distributed to my residuary beneficiaries. INVESTMENT 6.04. My executor(s) shall have the power to invest and reinvest in preferred and common stocks, bonds, notes, common trust funds (including any managed by any corporate executor), interests in investments, trusts, mutual funds, leases, mortgages on property wherever located, and, generally, in any property and in proportions of property as my executor deems advisable, even though such investments are not of the character or proportions authorized by applicable law for the investment of such funds. POWER TO BORROW 6.05. My executor(s) shall have the power to borrow money for any purpose for any periods of time and on any terms and conditions as my executor deems advisable (including the power to borrow from any corporate executor), and to pledge, mortgage, or otherwise encumber any property to secure repayment of any loan, as well as the power to renew existing loans either as maker or endorser. DISTRIBUTION IN CASH OR IN KIND 6.06. My executor(s) shall have the power to make distributions in cash or in kind, or partly in each, in divided or undivided interests, and the power to determine which assets shall be sold and which shall be distributed in kind, without notice to or consent by any beneficiary. DISTRIBUTION TO MINORS AND PERSONS UNDER DISABILITY 6.07. My executor(s) shall have the power to make distributions or payments to or for the benefit of any beneficiary who is a minor, an incompetent, or who in the executor's 5 judgment is incapacitated The distributions or payments shall be made in any one or more of the following ways: (1) directly to the beneficiary; (2) directly to the creditor in payment of the debts or expenses of the beneficiary; (3) to the guardian of the person or estate of the beneficiary; (4) to any custodial parent of a minor beneficiary; (5) to a custodian for the beneficiary under any law related to gifts to minors, including to my executor in that capacity; or (6) to any other person who shall have the care and custody of the person of the beneficiary. There shall be no duty to see to the application of funds so paid, provided due care was exercised in the selection of the person to whom the funds were paid, and the receipt of the person shall be full acquittance of the executor. DISPOSITION OF BUSINESS INTERESTS 6.08. My executor(s) shall have the power to continue or to permit the continuation of any business, incorporated or unincorporated, in which I may have any interest at the time of my death for any period of time, or to liquidate the business on any terms, as my executor deems appropriate. This power includes but is not limited to (1) the power to invest additional sums in any business, even to the extent that my estate may be invested largely or entirely in the business, without liability for any loss resulting from lack of diversification; (2) the power to act as or to select other persons to act as directors, officers, or employees of any business, to be compensated without regard to being an executor under this Will; and (3) the power to make any other arrangements concerning any business interest as my executor shall deem proper. EMPLOYMENT OF AGENTS 6.09. My executor(s) shall have the power to employ and pay the compensation of any and all attorneys, agents, custodians, attorneys-in-fact, experts, investment counsel, accountants, bookkeepers,. or other agents or providers of services as my executor deems advisable in the administration of my estate. 6 COMMISSIONS 6.10. My executor(s) shall have the power to take reasonable commissions on account at any time during the administration of my estate without the approval of any beneficiary or of the court, but subject to allowance or disallowance on the settlement of the final account of my executor. THIRD PARTY RELIANCE 6.11. No person or corporation dealing with my executor shall be required to see to the application of any property paid or delivered to my executor, or to inquire into either the authority of my executor to enter into any transaction or the expediency or propriety of any transaction entered into by my executor. ARTICLE 7. PAYMENT OF DEATH TAXES INHERITANCE TAX 7.01. I direct that the Pennsylvania inheritance taxes payable as a result of my death, not limited to taxes assessed on property passing under this Will, shall be allocated to and paid by the beneficiary of the property whose transfer is subject to the tax or paid out of my residuary estate and shall not be deducted or collected from any beneficiary under this Will or other transferee. ARTICLE 8. LIABILITY OF PERSONAL REPRESENTATIVE LIABILITY LIMITED TO ACTUAL FRAUD OR WILLFUL MISCONDUCT 8.01. My executor(s) shall not at any time be liable for any mistake of law or fact or both, for any error of judgment, or for any loss coming to any beneficiary under this Will or to any other person, unless the loss was caused by actual fraud or willful misconduct 7 on the part of the executor. My executor may, from time to time, consult with counsel with respect to the meaning, construction, and operation of this Will, particularly with respect to the apportionments, allocations, and disbursements, and may act on the advice of counsel in all matters without incurring liability on account of his or her actions. NO BOND REQUIRED 9.01. No bond shall be required of any guardian of the person or estate of my minor children who is appointed under this Will. MEANING OF "SURVIVE" 10.01. No beneficiary of this Will shall be deemed to have survived me if the beneficiary dies within sixty (60) days of the date of my death. If I die simultaneous with my wife all of my personal and residuary estate shall pass to the alternative beneficiary(ies) in the order as enumerated, and identified within this document. If it cannot be determined as to the order of death as between myself and my spouse then all of my personal and residuary estate shall pass to the alternative beneficiary(ies) as enumerated and identified within this document. SUCCESSORS 10.02. All pronouns referring to an executor and the term "executor" shall be construed to mean any person acting as my executor or administrator with will annexed, as the case may be. 8 NUMBER AND GENDER 10.03. If required by the context of this Will, singular language shall be construed as plural, plural language shall be construed as singular, and the gender of personal pronouns shall be construed as either masculine, feminine, or neuter. HEADINGS 10.04. All headings used in this Will to describe the contents of each article, paragraph, or other division are provided for convenience only and shall not be construed to be a part of this Will. GOVERNING LAW 10.05 This Will shall be construed in conformity with the law of the Commonwealth of Pennsylvania. I b ve s oed tb~~;1' rf: da; of if,-, ~ 'fuA. ) RIT A . FURBER ~.-.~ ~ . (Witness) ~ -" B l~tL (WItness) up' , 19 r r J#DQ..r"t:- ~~fk (Address) 78// ( ~f'o ')~ cJt1I2- { S{, fir /1.4 (~ (Address) I I 9 COMMONWEALTH OF PENNSYLVANIA, COUNTY OF CUMBERLAND ss: ACKNOWLEDGMENT & AFFIDAVIT I, RITA C. FURBER, the testator in and the undersigned witnesses to the will, of the attached or foregoing instrument, who have signed the instrument, having been qualified according to law do depose and say: (a) that I, the testator, do hereby acknowledge that I signed the instrument as my will, that I signed it willingly and as my free and voluntary act for the purposes therein expressed; and (b) that we, the witnesses, were present and saw the testator sign and execute the instrument as his will, that he signed it willingly and 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 a witness 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 'nfluence. e~ Witness I ~ -5. f><-tL f , . 'f 0 S- Ct/4 { ~.(.. {?~~ntJ f~.&/e ( 'To I ( Address ! () - Seal: ~.,;;.t\~!.til;~:~-"J~'"': F.f. \), I 'eli. :......";.. "".1.''''. 'r.. 1\. ")~"',..{."" """9)"'<' . r- " ," ..c..: '--';:, ,~:lO,i.aLy'rr"U' ~~'" " ,-,a"'~r' Hill p..... " .... .c.... "j ~" .,. .,~ " ,. ,. . .c.r!"9('~~~~~ , .--- ........ ~ r~(\1:;0:iIAL SEf\L . V ", ell" h' "~-\I "'ub\'c \ FA '{ \ B\C\\HAr< . \~Uk.\, 'eo' '. , " C' '}""'"'1d vQuntv i Camp Hili Bora, ~'~~~'.~,\' "19 20(';0 I ~A '( q.::,:;'~:~:~.:.:;~.~,~:~.~:..~~.~~:l" .':,~'_: '_ ~,~~'~~._~_._._" Sworn to and subscribed before me this ~ 7J,~A' . "1 ;j.: N~ ~UbliC. My commlss;ou expires: 10