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Home My WebLink About07-09-0815056051058 REV-1500 EX (06-05) OFFICIAL USE ONLY PA Department of Revenue Bureau of Individual Taxes County Code Year File Number PO 80X 280601 INHERITANCE TAX RETURN Harrisburg, PA 17128.0601 RESIDENT DECEDENT 21 07 1052 ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death pate of Birth 204-01-3338 11 /02/2007 12/08/1919 Decedent's Last Name Suffix Decedent's First Name MI ALLMAN Dorothy D (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL INAPPROPRIATE OVALS BELOW ~ 1. Original Return ~ 2. Supplemental Return 3. Remainder Retum (date of death prior to 12-13-82) 4. Limited Estate 4a. Future Interest Compromise (date of 5. Federal Estate Tax Retum Required death after 12-12-82) • 6. Decedent Died Testate 7. Decedent Maintained a Living Trust 8. Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust) 9. Litigation Proceeds Received 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. O) CORRESPONDENT - THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION ~ULD BE DIREC~ T0: ~-, Name Daytime Telephone--Nl~r~er "~' _ David C. Gority (717) 240-4505 ? .~ = `~~ ' _ _ • , _ Firm Name (If Applicable) = ~ ~-r ~ I REGISTER OF W(L-FS.41~E ONL.1~1 ~- -~ __, M & T Bank ~' ._ , 7,~3 -- rti_-. ,-_, - -- . s~ ,, =~ ~ ~ First line of address ` ' `-~ . ~ ---r z - -' r~;, t\} _ s -- 4...t.~ 1 West High Street -t,'~ ~~ Second line of address ~ City or Post Office Carlisle, State ZIP Code PA 17013 DATE FILED Correspondent's a-mail address Under penalties of perjury, I declare that I have examined this retu , inGWding accompan ' schedules and statements, and to the best of my knowledge and belief, it is true, correct and complete. Declaration of preparer o h the onal repro ntati is based on all information of which preparer has any knowledge. SIG i~PEFjjiO~E~NSIB~E FOR F RN ~~_._ 'A'~J~ ~~~AT~ ~, ~oo~ SIGNATURE OF PREPARER OTHER THAN REPRESENTATIVE DATE ADDRESS PLEASE USE ORIGINAL FORM ONLY Side 1 15056051058 15056051058 15056052059 REV-1500 EX Decedent's Social Security Number Dorothy D ALLMAN 204-01-3338 DeceaenPs Name: _. RECAPITULATION 1 313,000.00 1. Real estate (Schedule A) ........................................... .. . 2. Stocks and Bonds (Schedule B) ..................................... .. 2 75,662.52 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) ... .. 3. 0.00 4. Mortgages & Notes Receivable (Schedule D) ........................... .. 4. 40,560.89 5. Cash, Bank Deposits & Miscellaneous Personal Pro ert Schedule E P Y( ) .... . 5. .. 144,790.51 6. Jointly Owned Property (Schedule F) Separate Billing Requested ..... .. 6. 0.00 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property 0 00 (Schedule G) Separate Billing Requested...... .. 7. . 8. Total Gross Assets (total Lines 1-7) .................................. .. 8. 574,013.92 9. Funeral Expenses & Administrative Costs (Schedule H) ................... .. 9. 41,079.91 10. Debts of Decedent, Mortgage Liabilities, 8~ Liens (Schedule I) .............. .. 10. 12,754.06 11. Total Deductions (total Lines 9 & 10) ........................... . ..... .. 11. 53,833.97 12. Net Value of Estate (Line 8 minus Line 11) ............................ .. 12. 520,179.95 13. Charitable and Governmental 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. 520,179.95 TAX COMPUTATION -SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 16. Amount of Line 14 taxable at lineal rate x .0 45 520,179.95 18, 23,408.10 17. Amount of Line 14 taxable at sibling rate X .12 17. 18. Amount of Line 14 taxable at collateral rate X .15 18. 19. TAX DUE ...................................................... ... 19. 23,408.10 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT 15056052059 Side 2 15056052059 REV-1500 EX Page 3 Decedent's Complete Address: File Number 21 07 1052 DECEDENTS NAME DECEDENT'S SOCIAL SECURITY NUMBER Dorothy D ALLMAN 204-01-3338 STREET ADDRESS 124 Parker Street CITE' Carlisle STATE ZIP PA 17013 Tax Payments and Credits: 1. Tax Due (Page 2 Line 19) (1) 23,408.10 2. CreditslPayments A. Spousal PoveRy Credit B. Prior Payments 20,000.00 C. Discount 1,052.63 Total Credits (A + B + C) (2} 21, 052.63 3. InterestiPenalty if applicable D. Interest E. Penalty Total InteresUPenalty (D + E) (3) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Fill in oval on Page 2, Line 20 to request a refund. (4) 5. If Line t + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) 2,355.47 A. Enter the interest on the tax due. (5A) B. Enter the Total of Line 5 + 5A. This is the BALANCE DUE. (56) 2,355.47 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. ntain the use or income of the property transferred :.................................................................................... ...... ^ b. retain the right to designate who shall use the property transferred or its income : ...................................... ...... ^ c. retain a reversionary interest; or .................................................................................................................... ...... ^ d. receive the promise for life of either payments, benefits or care? ................................................................ ...... ^ 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? ........................................................................................................ ...... ^ 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? ........ ...... ^ 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? ........................................................................................ .......................... ...... ^ ^>< IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. 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 value 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 exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is zero (0) percent [72 P.S. §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)]. Asibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. REV-1502 EX+ (6-98) SCNEDVLE A COMMONWEALTH OF PENNSYLVANIA REAL ESTATE INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Dorothy D. Allman 21-07-1052 All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts. (If more space is needed, insert additional sheets of the same size) REV-1563 EX+ (6-98) ~ SCHEDULE B COMMONWEALTH OF PENNSYLVANIA STOCKS & BONDS INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Dorothy D. Allman 21-07-1052 All property jointly-owned with right of survivorship must be disclosed on Schedule F. (If more space is needed, insert additional sheets of the same size) REV-1507 EX+ (6-98) SCHEDULE D COMMONWEALTH OF PENNSYLVANIA MORTGAGES & NOTES INHERITANCE TAX RETURN RECEIVABLE RESIDENT DECEDENT ESTATE OF FILE NUMBER Dorothy D. Allman 21-07-1052 All property jointty-owned with right of survivorship must be disclosed on Schedule F. (If more space is needed, insert additional sheets of the same size) REV-1508 EX+ (6-98) SCHEDULE E COMMONWEALTH OF PENNSYLVANIA CASH, BANK DEPOSITS, & MISC. INHERITANCE TAX RETURN PERSONAL PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER Dorothy D. Allman 21-07-1052 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointty~owned with right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. M & T Bank Checking Account 9843933574 @ DOD Value 803.89 2. M & T Bank Checking Account 1046381 @ DOD Value 7,004.04 3. M & T Bank Certificate of Deposit #31003917742817 @ DOD Value 115,000.00 4. Interest Accrued to DOD on Item # 3 380.70 5. November Rent Payment for 570 Summit Drive, Carlisle, PA 17013 800.00 6. MTB Money Market Fund 41-0240-60-0 @ DOD Value 5,500.48 7. Refund -Cincinnati Life Insurnace Company Reimbursement for care prior to death 4,080.00 8. Refund -Capital Blue Cross, Premium 136.40 9. Misc Persoanl Property as Appraised 5,475.00 10. Misc. Jewelry as Appraised 4,335.00 11. 1993 Oldsmobile Custom Cruiser Station Wagon, Fair Condition 1,275.00 TOTAL (Also enter on line 5, Recapitulation) $ I 144,790.51 (If more space is needed, insert additional sheets of the same size) REV-1511 EX+ (12-99) SCHEDULE N COMMONWEALTH OF PENNSYLVANIA FUNERAL EXPENSES & INHERITANCE TAX RETURN ADMINISTRATIVE COSTS RESIDENT DECEDENT ESTATE OF FILE NUMBER Dorothy D. Allman 21-07-1052 Debts of decedent must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: t' Ewing Brother Funeral Home, Carlisle, PA., Balance due for Professional Services 1,288.78 2. Ingrains Catering, Balance due for Funeral Luncheon 243.80 3. Georges Flowers, Balance due for Funeral Flowers 159.00 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions 31, 000.00 Name of Personal Representative(s) M & T Bank and R. Dennis Ruth, Co-ExeCUtors Social Security Number(s)IEIN Number of Personal Representative(s) 16-0538020 210-40-4136 Street Address One West High Street City Carlisle, .State PA Z;p 17013 Year(s) Commission Paid: 2008 2. Attorney Fees 5,000.00 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City State Zip Relationship of Claimant to Decedent 4. Probate Fees 592.00 5. Accountant's Fees 0.00 6. Tax Return Preparer's Fees 354.00 7. Appraisal Services, Real Estate & Personal Property 859.80 a. Hiltons Lock Services 113.95 s. Advertising Letters Testamentary 249.58 10. Marsh Advantage America, Property Insurance 933.00 ~ 1 ~ Sollenbergers Messenger Services 59.00 12. Pa. Department of Revenue, Personal Income Tax Payment 227.00 TOTAL (Also enter on line 9, Recapitulation) $ 41,079.91 (If more space is needed, insert additional sheets of the same size) REV•1512 EX+ (12-03) SCHEDt~LE 1 DEBTS OF DECEDENT, COMMONWEALTH QF PENNSYLVANIA INHERITANCE TAX RETURN MORTGAGE LIABILITIES, & LIENS RESIDENT DECEDENT ESTATE OF FILE NUMBER Dorothy D. Allman 21-07-1052 Report debts incurted 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 ~ Comcast Central Pa. M & T Bank Checking Account ,check presented subsequent to DOD 111.51 2. The Sentinal, M i3< T Bank Checking Account, check presented subsequent to DOD 48.00 3. Capital Blue Cross, M & T Bank Checking Account, check presented subsequent to DOD 136.40 4. PP 8 L Electric, M i~ T Bank Checking Account, check presented subsequent to DOD 112.34 5. Lifeline Systems, Inc.,M ~ T Bank Checking Account, check presented subsequent to DOD 39.12 6. Borough of Carlisle, M & T Bank Checking Account, check presented subsequent to DOD 30.96 7. Herman Plumbing, Balance due on Repairs at 570 Summit Drive, Carlisle, PA 66.60 8. Carlisle Petroleum, Inc., Balance due for Oil Service, 124 Parker Street, Carlisle, PA 933.08 9. Borough of Carlisle, Balance due for WaterlSewer Service 37.95 10 Embarq, Balance due for Telephone Service 88.64 11. JoAnne Palmer, M & T Bank Checking Account, check presented subsequent to DOD 1,000.00 12. Parker Jewelers, Balance due for Repair 37.10 13. Speedy Rooter, Balance due for Service at 570 Summit Drive, Carlisle, PA 165.00 14. JoAnne Palmer, Balance due for Care 10-22-07 to 11-02-07 5,154.00 15. JoAnn Gardner, Balance due for Care 10-15-07 to 11-01-07 3,360.00 16. Borough of Carlisle Tax Account 124 Parker Street, Carlisle, PA 729.84 17. Borough of Carlisle Tax Account 570 Summit Drive, Carlisle, PA 703.52 TOTAL (Also enter on line 10, Recapitulation) S I 12,754.06 (If more space is needed, insert additional sheets of the same size) REV-1513 EX+ (9-00) SCHEDULE J COMMONWEALTH OF PENNSYLVANIA BENEFICIARIES INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Dorothy D. Allman 21-07-1052 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE t TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 (a) (1.2)] 1 ~ Linda Denise Anderson, 2104-B Ravenglass Place, Raleigh, NC Granddaughter 22,510.00 2~ Carey Michelle Barbour, 3905 Robin Lane, Clayton, NC Granddaughter 20,000.00 3. Michael Dennis Ruth, 926 West South Street, Carlisle, PA Grandson 5,000.00 4. Jesse William Ruth, 926 West South Street, Carlisle, PA Grandson 5,000.00 5. Joby Ruth, 926 West South Street, Carlisle, PA Daughter-in-law 1825.00 6. Robert Dennis Ruth, 926 West South Street, Carlisle, PA Son 106,750.00 7~ Robert Dennis Ruth, 926 West South Street, Carlisle,PA Son 313,000.00 8. M & T Bank, Trustee FBO Robert Dennis Ruth 100% Residue ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, A5 APPROPRIATE, ON REV-1500 COVER SHEET NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET ~ S (If more space is needed, insert additional sheets of the same size) S. W. Barrett Real Estate 8 Appraisal Services Fle No 07-0454 APPRAISAL OF I r _' ~" u .. , ~~ \ ~ -- R .~ ., " ~i: .~ ~t ~; ~ - r - ~ ~~.. . ~. .,,~- p ~~ \ °rtia '~ ~ 11 ~ ~ ~ '~ ' ~ ' ~ ~'' ~I ~~ ~~! ~ ~ ~ V r I $ ~.,,, ,r• i I r. ~', - ~_ ~ __ ~~ ~ i ~- i 1 ;~ ; i ~ LOCATED AT: 124 Parker Street Carlisle, PA 17013 FOR: M & T Investment Group 3607 Derry Street Harrisburg, PA 17111 I I BORROWER: i Dorothy D. ALLMAN (Estate) AS OF: i November 2, 2007 BY: I ' Cassandra J. Crockett Certified Residential Appraiser ~ i S. W. Barrett Real Estate & Appraisal Services ~~~C ivJ U! 1 211 21200 7 M & T Investment Group 3607 Derry Street Harrisburg, PA 17111 File Number: 07-0454 Dear Sir; In accordance with your request, I have appraised the real property at: 124 Parker Street Carlisle, PA 17013 The purpose of this appraisal is fo develop an opinion of the market value of the subject properly, as improved. The property rights appraised are the fee simple interest in the site and improvements. In my opinion, the market value of the property as of November 2, 2007 is: 5158,000 One Hundred Fifty-Eight Thousand Dollars The attached report contains the description, analysis and supportive data for the conclusions, , final opinion of value, descriptive photographs, limping conditions and appropriate certifications. Respectfully submitted, ~GCn~e~/ Cassandra J. Crockett Certified Residential Appraiser SUMMAKY APt'KAIJAL Kth'VKI ,,,,,,•,,,, na~r,;nr;nn UNIFORM RESIDENTIAL APPRAISAL REPORT F;IP Nn nl.ndse Pro ert Address 124 Parker Street Ci Carlisle Slate PA Z Code 17013 Le al Desai Lion Deed Book 29-G- Pa a 816 Count Cumberland Assessor's Parcel No 04-21-0322-074 Tax Year 06107 R E Taxes $ 2,508.00 S eclat Assessments 5 NIA Borrower Doroth D. ALLMAN Estate Currenl0wner Allman Doroth D. Occupant Owner Tenam X Vacant Pro ert ri Ns appraised ~ X Fee Sim le ~ Leasehold Pro ect T e PUD ~ Condominium (HUD^JA onl) HOA$ N(A lMO. Neighborhood or Pro ea Name BOfOU h Ma Reference 21-0322 Census Tract 0124.00 Sale Price $ N!A Date of Sale NIA Descri lion and S amount of loan char es/concessions to be paid by seller NIA LenderiClient M 8 T Investment Grou Address 3607 Der Street, Harrisbur PA 17111 A praiser Cassandra J. Crockett Address 126 North Hanover Street Carlisle PA 17013 Location Urban X Suburban Rural Predominant Single family housing Present land use % Land use change Built up ^X Cver 75 % ^ 25-75 % ^ Under 25 % occupancy P SCE A~ E One family 80 % ~ Not likely ^ Likely Growth rate ^ Rapid X^ Stable ^ Slow ^X Owner 125 Low New 2-4 family 0% ^ In process Property values X^ Increasing ^ Stable ^ Declining ^ Tenant 450+ Hi h 100 M~Iti-family 0% To: Gemand/supply ^ Shortage X^ In baWnm ^ Ova supply ^X Varant(PS°6) - Predominant Commercial 10 Marketin time Under 3 mos. X 3-6 mos. Over 6 mos v,w~~ a.e<sxt 200 65 •Instit'I ~ 10 Note: Race and the racial composition o(the neighborhood are not appraisal factors. Neighborhood boundaries and charaaeristics: Subject is bounded on the north by West High Street; on the east b Rt.34 on the south b I-81; and on the west b Oran a Street. Factors that affect the marketability of the properties in the neighborhood (proximity to employment and amenities, employment stability, appeal to market, etc.)'. Subject ro ert is located in an established nei hborhood of homes, both detached and attached, within the Borou h of " Carlisle and ad'acent to the Dickinson College athletic fields. Shopping and other amenities are within walkin or short drivin distance. School system is Carlisle District and local elementary school is within two blocks. SMSA 42-3240. Markel conditions in the subject neighborhood (including support for the above conclusions related to the trend of proparty values, demandlsupply, and marketing time - -such as data on competitive properties far Sala in the neighborhood, dascnplion of the prevalence of sales and financing concessions, etc.): Property values are currently stable with an average marketing time of 80-100 days_ Economic trends and lending rates have remained favorable. Sales concessions occur intro uentl~There are new hom_ es under construction in surroundin~____ devel~ments, as well as resales available in the neighborhood __ __ _____-__-__ _____ Project Information for PUDs (II applicable) - - Is the developer/builder In control ci the Home Owners' Association (HOA)? YES NO • Approximate total number of units in the subject project NIA Approximate Total number of units for sale in the subject project N!A Describe common elements and recreational facilities. NIA Dimensions See le al descri tionltax ma Topography Basicall Level Site area 0.06 Acre MIL Corner Lot Yes X No Size T ical for area Specific zoning classification and descr,ption R-5 Traditional Residential Shape Rectan ular ZoningcomDliance X^ Legal ^ Legalnomm~forrning(C+andfalhereduse) Illegal No zoning Drainage A ears ado uate Hi hest 8 best use as im roved. X Present use Other use ez lain View Residential/Cam us Utilities Public Other Off-site Improvements Type Public Private Landscaping ~ ical Electricity ^X Street Asphalt X^ ^ Driveway Surface NIA Gas ^ Curblgutter Concrete ~ j ^ Apparent easements None A arent Water ~ Sidewalk COrlCrete ^X ^ FEMA Special Flood Hazard Area Yes X No Sanitary sever ~ Street lights Adequate ~ ^ FEMA Zone C Map Date 425382A Storm sewer X Alle TO rear X FEMA Ma No. 21311982 Comments (apparent adverse easements, encroachments, special assessments, slide areas, illegal or legal nonconforming zoning, use, etc.): There are no a arent adverse easements, encroachments or other adverse conditions. GENERAL DESCRIPTION EXTERIOR DESCRIPTION FOUNDATION BASEMENT INSULATION No. of Units One Foundation Stone Slab None Area Sq.FI. 608 Roof ^ No, of Stories Two Exterior Walls BrklFrm/Vin trawl Spam Partial % Finished 0 % Ceiling ^X Type (DeLlAft.) Semi-Dot. Roof Surface Shin le Basement Full _ Ceiling Unfinished Walls _^ Design(Slyle) 2Story Gulters80wnspts. Alwninum Sump Pump None Walls Stone Floor ^ Exisfing;Proposed Existing IHng W'indcwType Db Dampness NO_nC Obs. Floor Concrete None ^ _ Age (Yrs.) 83 Yrs _ SlormlSrJeens Yes Settlement None Obs. OulsideEn6y No u~k~o»~ ^ Efferlive A e Yrs. 15-20 Manulaclured House No Infestation None Obs. • ROOMS Fo er Livin O~nin Kitchen Oen Famil Rm. Rec. Rm. Bedrooms # Baths Laund Other Area S .Ft. Basement Area Level t 1 1 1 1 .5 1 046 • Level2 2 1 608 • Finished ar=_a above rade contains' 6 Rooms, 2 Bedroom s ; 1.5 Baths ; 1 654 S vare Fee; of Gross Livin Area INTERIOR MalerialslCondlion HEATING KITCHEN EQUIP. ATTIC AMENI?TES CAR STORAGE Floors Car eUVin I/Av Type Stm.Rdd. Refrigerator ^ None ^ Fireplace(s)#Gas X^ None ^X Walls PlasterlDWlAv Fuel Oil Range/Oven ~ Stairs X^ Patio _ ^ Garage # of cars Trim!Finish WoodlAvg CondibcnAvera e Disposal ~ Drop Stair ^ Oeck _WOOd 0 Attached I Bath Floor Vin 11Av COOLUJG Dishwasher ^ Scuttle ^ Pcrch 9 x 16 ^X Detached I Bathlh'ainscot TilelA-G Central None FanMood X^ Floor X^ fence_Wooden ^X Built-In Doors Wooden/Av Other Wall Unit Microwave ^ Heated ^ Pool ^ Carport ~' Avers a Condition CondaionAvera e Washer!Drver ~i Finished X ^ Orivewa I Additional features (special energy efhdent items, etc.j: Family room addition on crawl with vaulted ceiling, gas fireplace, .5 bath, electric I radiant heat Inclinator on stairs to 2nd floor; rear decks canvas awnin s, fenced ard~ some finish in attic, eve storage. Condition o1 the improvements, depreciation (physical, functional, and external), repairs needed, qu slily of construction remodeling!addiliens, etc.: Improve menu are in avers a condition with no h sical or functional inade uacies a arent. No additional value given inclinator! ersonal ro ert .Asbestos insulation on heatin i es. • Adverse environmental conditions (such as, but not limited to, hazardous wastes, toxic substances, etc.) present in the Improvem enls, on the site, or in the immediate vicinity of the subject property: No adverse environmental conditions are apparenUdisclosed. P,eamz Mai Fpm rc e~sa PAGE 1 CF 2 r.r~,e Mae .arm wo. a y, ProOUCen us,ry P^. soTvere. SQ: 23a p>}` .w ~crve! mm SUMfdARY APPRAISAL REPORT supplemental Valuation Section UNIFORM RESIDENTIAL APPRAISAL REPORT File No 07 oasa ITEM SU8_iFCT rr1MPAR~Ri ~ n,~n a ~ r-n„c„_ ~o, ~ .,r, ~ ~~ i24 Parker Street Address Carlisle 40 Wilson Street Carlisle ...... ... .....~. ~ , ,,... ~ i.viv,rtirth6Lt IVV.O ~ I Froximi to Subled ` 0.10 MI NW i Sales Price $ N!A $ 185,000 ~_ $ ~----- j _ $ ` Price'GrossLiv.Area $ 0.00 b $ 119,20 d _ -. '..$ C9 ~ ?$ Cj Data andlor ~'eri5cauon Sourees 'Inspection Crt.Hs.Records _ ____ Appraiser's data MLS/Courthouse Records _ `JALUEADJUS?McMS DESCRIP_71ON GESCRIPTION .p ;yga~~atmani DESCRIPTION -I;tnemvment . DESCRIPTIOtJ s a Sales or Financing Concessions N/A 'None,Conv DOM 30 r.r ei,ammt Date et SalelT~me ~ NIA ~ 2107 ~ I Loca!~on Suburban Suburban j j Leasenoldfe=Sinrole Fee Sim le Fee Sim le I Site LOUAv 06 LoUAv 10 ~ View Resid/Cam us Resid/Cam us Desion and A eat 2 Sto /SemiDet 2 Sto /Detchd, ~ , OuaNNOtCcrsUUGion Avera e ,Avera e Aae 83 Yrs 181 Yrs Cer,dilion Avera e I Su erior -10 000 Above Grade rmai ;Berm: aama o~ai ' sums Bam~ rmai ; Be earn, ; Telal Berms ; Batns RocmCount 6~ 2'~ 1.50 7~ 4' 2.00; -1,00 0--' Gress Living Area 1 654 S Ft. 1 552 Sq.Ft. 4,100 Sq Ft~ i _ _Sq FI 6aszmeNBFinished Rooms6elcwGrade ~- Full Bsnttl Unfinished - -- - Full Bsmt/ Unfinished - - FunaionalU hy_ heafitg!Coo g ~ EneotiEtfia n1 tr-ms GaragelCarporl ~ Porch, Patin Deck, Fire iaczrs` etc_ Fence, Pool, etc. 2 Bedroom --- OStrn/tJone ITypical_ Onslreetprkc~_ Porch/Deck/ FP/Fencing, ---- Superior ~_ - - OHW/None __ T pical_ 1 CarGarade__ Encisd.Porch/ BaIcIFPlFt~ce __,__ ----- -4 000 ~_ -8,0_0_0 -2,000 `___ 1 - - I _ _ _ _ _ -- ~ ----- ____ - --- - - J-- -- ~ - i__, _ `~ ---_---- -. _ Net Ad . total I X - ; $ 20,900 L X ~ __ ; $ Adjusted Sales Prins I, ~ ~ ~ ,x'15.7°0 „•0.0°, otCom arable _ _ __~! _ -11.3:~~ $ 164,1001 c -0 0.0 _ $ { Comments on Sales Comparison (including the subject property's compatibility to the neighborhood, etc ): 0 X ' $ p Jei_, -. $ ~ - - -~ ITEM SU6JcCT COMPARABLE N0. 4 COMPARABLE N0 . 5 COMPARABLE N0. 6 Dale, Price and Data Source fapborsalzs within earcla aisal None CHR None CouRhouse Records Analysis of any current agreement of sale, oplicn, or fisting of fhe subject property and analysis of any prior rtes of subract and mmparables within one year of the date of appraisal; I i FLOORPLAN Borrower Dorothy D. ALLMAN (Estate) File No.'. 07-0454 Property Address 124 Parker Street Case No.: City' Carlisle State: PA Zip: 17013 Lender M 8 T Investment Grou _ 0 a' eo Wo00 Oeck 16.0' ~F P 1 I { I Bath etxlroa^i 1 0. S f+ .-. (- - J0 K~c~en I ~ _ V D~ninp ROOT F d~ I 2b Fboi ¢° +6.0' ~virq Room I i Sketch by ApexlV Windows'" t 6. e' PDICM1 i I I I I I I I _.. li Code - AREA CALCULATIONS SUMMARY - .Description Size Totals GGA1 Pirs[ Ploor 1096.00 Second Ploor 608.00 1654.00 P/P Porch 199.00 wood Deck 312.00 456.00 TOTAL LIVABLE (rounded) 1654 LIVING AREA BREAKDOWN Breakdown Subtotals PirsC Ploor 18.0 x 19.0 3C2.00 16.(1 x 94.0 704.00 Second Ploor 16.0 z 38.0 608.00 3 Areas Total (rounded) 1654 j Bcrower. Dorothy D. ALLttAN (Estate) ripe ivo.. ur-ugoa _ ~rooertv Address. 124 Parker Street Casa Na.', - - ~;tV Carlisle State: PA Zic' 17013 . erd~r. M 8 T Investment Grcup__ FRONT VIEW OF SUBJECT PPOPERTY ~ippraised Date'. November 28, 2007 A;,praised Vaiue $ REAR VIEW OF SUBJECT PROPERTY ~ r r , " j ~ J4F ` 'r~ r..~. e . / ~ b *~ 1 '+ .+. ::wr ~ ~' \ ~ . _ At "1 ~ •.. , ~ ' ` ~ ~ ~~' . ~.. ~7 ~. ~:~ ~~ ~~. l\ . 57REE7SCENE 07 Property Address. 124 Parker Street Case ^Jo Clty: Carlisle-- State: PA Zio: 17013 __ I ender M S T Investment Grouo _ _- COMPARABLE SALE #1 38 Willson Street Carlisle Sala Date: 1107 Sale Price: $ 156,000 COMPARABLE SALE #2 42 Parker Street Carlisle Sale Date: 7106 Sale Price. $ 155,000 --- I -:.. ,~ , t'~ ~ i i w ~,~-.~..~Yal __ i ,i, ____--. r ~ i u .._ I i i i COMPARABLE SALE #3 44 Parker Street Carlisle Sale Date: 11!07 Sale Price: $ 150,000 Barrov~~eC Dorothy D ALLfv1AN (Estate) nic ivy.. vi-vvov Property Addrass 124 Parker Street Lase No.' Citv Carlisle State: PA Zip: 17013 ender: M & T Investment Group i I I ~ ~'. ~ i I I ' I III ~ ~'. II'----- ---- COMPARABLE SALE #4 40 Wilson Street Carlisle Sale Date: 2/07 Sale Price: $ 185,000 COMPARABLE SALE #5 Sale Gate: Sale Price: $ COMPARABLE SALE #6 Sale Date: Sale Price: $ ca z w r a ,4 i ~ ~_ U r .7 r. ~~ W :L 4 ca Ci `-~ 9 ~.; ~~ ^W+ W f~ v R~ W L ^~ ~` N a s.. s.. O Q. K W U r.. t!? W ,, X .~ H y ~ ~_ y C ~ O LL_ .-+ ~ ~~ ~~ L) :~ y ~ ~ u i ~ ~ n 0 0 0 z 0 G /! f LOCATION MAP ;,,,r ryo o~-oasa ~ i;ase Dlo- Ziq_-}?013 ~ --..--` LL[v1A~ Estate S[atr. pA, 3orro'~er Doroth D. A ;i ?ro ~erlV Fddress.124 Parker Street C;j :Carlisle ~ ~ Lender'. Sv1 & T Investment Grou G7` ~ ~ t .~., t' M ~ f.~ ^, , ~ m ~,. v ,..~. ~ ~~ ~ s ' t~bb~,~'enn S~ ;~ „~ . 0' Lfnco St a O m ~ ~ ~ i «. .,..,., F ,,. I '°.~n~ ... ~..~. '!~ WPen~St ~d v~. Driveway .". :++~ ; ~`~.. Penn St . f W Penn 5't .mac ~ ~ ~~ ~. ~~I ~ ~e V ! ~ i Christian `; _.,-. ~,,,t~SchooE~race~~~ ~W North St Y~y~ WNo h St t I °v __ Baptist g m.- :,,~-~~:.~:~_~...~.~.~._......a....~......~. ~...M I ,4 + a t ~`" rcS ~~"~ l~ k r, ~ ~ti U t~ i~ ~! ~ ~ ~ ~ ~ rtJriveway U s ~ P~ _..._~.~ W L cost Av.. ~'~~ ! O` `'S~ lti~ "°~.~._y ReedS(`, c l~~~f~a p a a a ~ ' a `u W L oulher St W L oulher St Z k ~ z i~ ' ;` ~~ e Dickinson Ca!legi? '-' ~,. 9 'i M1 o4 ~ - - 9 ~' ~' ., 8~.., ~ Gv Ca'rfis/e ~ s t: :, ~ k ! Pomfret 57 W Pamf t St ~ ~, ~ 6 r{hurch Ave ? ~ ~ !~ Pomfret St ~.~ ~.:.~..~.~~ ~ ~~ a ., .~.___.. ~.I G t ~,~ o a ~ ~~ ,~~ ~ ! ~ ~ ~ y ,,, ~ ~ ~ ~ W Chape! Ave ~ ~ W South S1 ~ ~ tt, o ~ ~ v ~..>..: ..~Y...w,.....:k m. :.....~....w..".,......~_..._....w~.,,,~.W.~...,t~,rv.,.~,.~..,~ ~ - - ~g~,- W South St ~~.. ,___..>_.,.._~-_ t ~ k "' ' F-r ~ ~ ~ ~ h ~ °c~ ~ k Parking Lol ; ~ ' ci, t -,:~,,. ...,..., ~ ~. Graha ~ St +n a ~ ss a ~ ~ 1 .~.«... k a ~ r e r_ a 1 { aWafn~ut L~ f~i~9 L~'~''` ~ - ~' ',' '' 5 Pa ~,,,. z a t ~ C'l k r~ . i ' ,~' x Walnut .fit ; { '. ;.:Y.L.....,u. .:,.a...ue.. c ~.-.jam, .. .~ `, } s ~ ~~ u... }~ n~ _,..,._ ~ ~ ~, _:::..... vim. I', fi ~ 'Y' m u ~: St ~~ ~ b' W Balt.•rrare 57 't~ ~1 ~ r[ C' t 't `' ~ `s`D >; ^~ 4 W Wrllo~ St '~ ~ ~ Cry ~ ~ ~`V _~,_.~. ,.a.._.<.~...~,~ ~-....W~a .... ~ c e tt0~ ~~~ ~~ 3^' Ni((sidetJr E ~ tBo ~~, c.7 z. ` Y ~ ~ ~ Scale : t .OS miles i ~ . d e D.~ ~"` s ~ ~ µ lN,ashrnglan Ln ~t ~~`r,,. i T~ a ~,t~z'/'Jtribte~lvd S Ft Ptoxitni to 9a ~ ~:~F' RM B Bath 0 tit Cd`+i I ~~I c .__. _ ?,'.V_ n.. ~_.r -` p[ice ~... 1:52 0 1 .~, ~ Date b 5 1 .5 0 ,g . ,. N ddtess ; /G' ~SnGG °_~ 140.1 0 .0' CiI Ti 1 ; ID 30 ~i1~~~ ~.t ~/`~O 150000 E ~ Z 1552 G.10 C-7I NW ''~ 43 5t 11/0? 185000 ' , 0.4 parY~r Lf O~ ' ~ 3 0.U •riilsar. St Ij a ~~i File No 07-0454 ********* QUALIFICATIONS ********* The following checked items are SPECIFIC SPECIAL CONDITIONS that were identified by this appraiser during the inspection of the subject property, the comparables sales, and their neighborhoods and locations. Unless otherwise noted, the conditions that apply to the subject property or the comparable sales used DO NOT AFFECT THE MARKET VALUE OR THE FUTURE MARKETABILITY OF THE SUBJECT PROPERTY BEING APPRAISED. This is not a home inspection service. This is an appraisal to estimate market value. _1. The subject is located in a rural area and is less than 25 % built-up. _x 2. Commercialllndustrial uses are located within the subject's neighborhood. These uses are typical of similar neighborhoods. _3. Vacant and undeveloped land uses are located within the subject's neighborhood. These uses are typical for the area. _4. The predominant value in the neighborhood is less than that of the market value of the subject property. This is due to the very wide range of value of properties in the area and superior quality of the subject property. _5. The subject property is located in a F.E.M.A. Identified Flood Zone. Flood insurance coverage is required and suggested. _6. Dampness is noted in the basement of the subject Standing or running water was not present on basement floor. This condition is considered typical in dwellings of this style. _7. The subject property is serviced by private well and/or septic systems which is common for the area. _x_8. The subject is older than five(5) years. All mechanical systems including the heating, electrical and plumbing systems appear upon a visual exterior inspection to be in working order. No warranties are implied in this statement. _9. Repair items were noted in the comments section of the report. These comments on repair items are for descriptive purposes only and are not required repairs. The items listed are cosmetic in nature. _10. The basement floor is a dirt floor. This condition is common and typical for the area. and does not pose a health or safety hazard. _11. The subject property does contain functional obsolescence as noted in the report. This condition is considered typical and common for the area and this style dwelling. _12. The land value exceeds 30 % of total value due to the high demand for vacant land in this neighborhood. This condition is considered common and typical for the neighborhood. _13. The land value exceeds 30 % of total value. This is due to the large size of the site. This condition is considered to be typical and common. _14. Individual adjustments were required that exceed 15%. These adjustments were required due to lack of more similar comparables on that individual rating. All comparables used are the best available. 15. Total adjustments exceed 25%. This is due to the lack of comparable sales that were more similar in the subject's market area. All comparables used are the best available. _x_'16. One or more comparable sales are older than six(6) months. Although there are comparable properties in the subject's area, none have sold recently; therefore, sales in excess of six(6) months have to be used. All comparables used are the best available. _17. One or more comparables used were in excess of one (1) mile from the subject property. Although there are comparable properties in the immediate area, none have sold recently. Therefore, it was necessary to use comparable sales outside of the immediate area. All comparables used are located in similar neighborhoods and within the same marketing area. All comparables used are the best available. _18. The electrical system was not connected during inspection. _19. The water service was not connected during inspection. _20. The heating system was shut down during inspection. _21. Roofing_Plumbing_Electrical_Heating_certification(s) islare suggested. _22. Inground swimming pool-, out buildingsare included ,not included according to lender's guidelines. _23. According to lender's guidelines a maximum of_acres were considered for this valuation. Remaining acreage was given no value. -V4J4 ********* QUALIFICATIONS *'*"***` _24. The subject property is located on a private road. _25. Wood infestation inspection is suggested. _x_26. Last recorded deed transfer: Date_ _1/t 51198t_, Consideration: $_Unknown _27. Proposed construction/renovation in accordance to plans and specifications to be completed in a workman-like manner. _28. Seller is paying part or all of closing costs. _x_29. All comparable sales are verified closed sales. x_30. There are no special conditions or other requirements that would affect market value or future marketability in the Appraisal Report. CHECKED ITEMS ARE SPECIFIC SPECIAL CONDITIONS THAT WERE IDENTIFIED BY THIS APPRAISER DURING INSPECTION. U4~4 ********* QUALIFICATIONS ***'***** Confidentiality and Security Policy We consider privacy to be fundamental to our relationship with clients. We are committed to maintaining the confidentiality, integrity and security of clients' personal information. Internal policies have been developed to protect this confidentiality, while allowing client needs to be served. We restrict access to personal information to authorized individuals who need to know this information to comply with federal standards to protect your nonpublic personal information. We do not disclose this information about you or any former consumers or customers to anyone, except as permitted by law. The law permits us to share this information with our affiliates. The law also permits us to share this information with companies that perform marketing. When we share nonpublic information referred to above, the information is made available for limited purposes and under controlled circumstances. We require third parties to comply with our standards for security and confientiality. We do not permit use of consumer/customer information for any other purpose nor do we permit third parties to rent, sell, trade or otherwise release or disclose information to any other party. Education As of the date of this report, I andlor Steven W. Barrett, SRPA, SRA, have completed the requirements under the continuing education program of the Appraisal Institute. File No. 07-04 54 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 o(a specified date and the passing of title from seller to buyer under conditions whereby: (1) buyer and seller are typically motivated; (2) both parties are well informed or well advised, and each acting in what he considers his own best interest; (3) a reasonable time is allowed for exposure in the open mark.e(; (4) payment is made in terms of cash in U S. dollars or in terms of financial arrangements comparable thereto; and ('6) the price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions` granted by anyone associated with the sale. 'Adjustments Io 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 properly 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 czlculated cn a mechanical dollar for dollar cost of [he financing or concession but the dollar amount of any adjushnent should approximate the market's reaction to the financing or concessions based on the Appraiser's judgment. STATEMENT OF LIMITING CONDITIONS AND APPRAISER'S CERTIFICATION CONTINGENT AND LIMITING CONDITIONS: The appraiser's certification that appears in the appraisal report is subject to the lollowing conditions', 1 The appraiser will not be responsible for matters of a legal na(ure that alfect either the property being appraised or the fine to it The appraiser assumes that the title is good and marketable and, therefore, will not render any opinions about the title. The property is appraised on the basis of it being under responsible ownership, 2. The appraiser has provided a sketch in the appraisal report to show approximate dimensions of the improvements and the sketch is included only to assist the reader of the report in visualizing the property and understanding the appraiser's determination of ifs size. 3 The appraiser has examined the available flood maps that are provided by the Federal Emergency ~Qanagement Agency (or o(her data sources) and has noted in the appraisal report whether the subject site is located in an identified Special Flood Hazard Area. Because the appraiser is not a surveyor, he or she makes no guarantees, express or implied, regarding this determination. 4 The appraiser will not give testimony or appear in court because he or she made an appraisal of the property in question, unless specific arrancements to do so have been made beforehand. 5. The appraiser has estimated the value of the land in the cost approach at ifs highest and best use and the improvements at their contrbutory value. These separate valuations of the land and improvements must not be used in conjunction with any other appraisal and are imialid if they are so used. 6. The appraiser has noted in the appraisal report any adverse conditions (such as, needed repairs, depreciation, the presence of hazardous wastes, toxic substances, etc.) observed during the inspection of [he subject property or that he or she became aware of during the normal research involved in performing the appraisal. Unless otherwise slated in the appraisal report, the appraiser has no knowledge of any hidden or unapparent conditions of the properly or adverse environmental conditions (including the presence of hazardous was(es, toxic substances, etc.) that would make the property more or less valuable, and has assumed that there are no such conditions and makes no guarzntees or warranties, express or implied, regarding the condition of the property. The appraiser will not be responsible for any such conditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist. Because the appriser is not an expert in the field of enrironmental hazards, the appraisal report must not be considered as an environmental assessment of the properly. 7. The appraiser obtained the information, estimates, and opinions that were expressed in the appraisal report from sources That he or she considers to be reliable and believes them to be true and correct. The appraiser does not assume responsibility for the accuracy of such items That were furnished by o(her parties. B The appraiser will not disclose the contents of the appraisal report except as provided for in the Uniform Standards of Professional Appraisal Practice. 9. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to satisfactory completion, repairs, or alterations on the assumption that completion of the improvements wilt be performed in a workmanlike manner. 10. The appraiser must provide his or her prior written consent before the lender client specified in the appraisal report can distribute the appraisal report (including conclusions about the properly value, the appraiser's identity and professional designations, and references to any professional appraisal organizations or the firm with which the appraiser is associated) to anyone other than the borrower; the mortgagee or its successors and assigns; (he mortgage insurer, consultants; professional appraisal organizations; any state or federally approved financial institution; or any department, agency, or instrumentality of the United Slates or any state or the District o(Columbia; except that the lender client may distribute the property description section of the report only to data collection or reporting service(s) without having to obtain the appraiser's prior written consent. The appraiser's written consent and approval must also be obtained before the appraisal can be conveyed by anyone to the public through advertising, public relations, news, sales, or other media. Freddie Mac Form 439 6 93 Page 1 of 2 Fannie Mae Form 10048 6-93 File No. 07-0454 APPRAISERS CERTIFICATION: The Appraiser certifies and agrees that t. I have researched the subject market area and have selected a minimum of three recent sales of properties most similar and proximate to the subject property for consideration in the sales comparison analysis and have made a dollar adjustment when appropriate to reflect the market reaction fo those items of significant variation. If a significant item in a comparable property is superior to or more favorable than, the subject property, I have made a nega(ive adjustment to reduce the adjusted sales price of the comparable and, if a significant item in a comparable property is inferior to, or less favorable than the subject property, I have made a positive adjustment to increase the adjusted sales price of the comparable. Z. I have taken into consideration the factors that have an impact on value in my development of the estimate of market value in the appraisal report. I have not knowingly withheld any significant information from the appraisal report and I believe, fo the best of my knowledge, That all statements and information in the appraisal report are true and correct. 3. I stated in the appraisal report only my own personal, unbiased, and professional analysis, opinions, and conclusions, which are subject only to the contingent and limiting conditions specified in this form. 4. I have no present or prospective interest in the property that is the subject to this report, and I have no present or prospective personal interest or bias with respect to the participants in the transaction. I did noI base, either partially or completely, my analysis and/or the estimate of market value in the appraisal report on the race, color, religion, sex, handicap, familial status, or national origin of either the prospective owners or occupants of the subject property or of the present owners or occupants of the properties in the vicinity of the subject property. S. I have no present or contemplated future interest in the subject property, and neither my current or future employment nor my compensation for performing this appraisal is contingent on the appraised value of the property. 6 I was not required fo report a predetermined value or direction in value that favors the cause of the client or any related party, the amount of the value estimate, the attainment of a specific result, or (he occurrence of a subseyuenf event in order to receive my compensation and/or employment for performing the appraisal. I did not base the appraisal report on a requested minimum valuation, a specfic valuation, or the need to approve a specific mortgage loan. r'. performed this appraisal in conformity with the Uniform Standards of Professional Appraisal Practice That were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place as of the effective date of This appraisal, with the exception of the departure provision of those Standards, which does not apply. I acknowledge that an estimate of a reasonable time for exposure in the open marke( is a condition in the definition of market value and the estimate I developed is consistent with the marketing (ime noted in the neighborhood section of this report, unless I have otherwise stated in the reconciliation section. 8. I have personally inspected the interior and exterior areas of (he subject property and the exterior of all properties listed as comparables in the appraisal report I further certify that I have noted any apparent or known adverse conditions in the subject improvements, on the subject site, or on any site within the immediate vicinity of the subject property of which I am aware and have made adjustments for these adverse conditions in my analysis of the property value to the extent that I had market evidence to support them. I have also commented about the effect of the adverse conditions on the marketability of the subject properfy- 9. I personally prepared all conclusions and opinions about the real estate that were set forth in the appraisal report. If I relied on significant professional assistance from any individual or individuals in the performance of the appraisal or the preparation of the appraisal report, I have named such individual(s) and disclosed (he specific tasks performed by them in the reconciliation section of this appraisal report. I certify that any individual so named is qualified to perform the tasks. I have not authorized anyone to make a change to any item in the report; therefore, it an unauthorized change is made to (he appraisal report, I will take no responsibility for it SUPERVISORY APPRAISER'S CERTIFICATION: If a supervisory appraiser signed the appraisal report, he or she certifies and agrees that' I directly supervise the appraiser who prepared the appraisal report, have reviewed the appraisal report, agree with the staterents and conclusions of the appraiser, agree to be bound by the appraiser's certifications numbered 4 through 7 above, and am taking full responsibility for the appraisal and the appraisal report. ADDRESS OF PROPERTY APPRAISED: 124 Parker Street. Carlisle PA 17013 APPRAISER: Signature: ~etL2°~-6~'°S°-'~7 Name: Cassandra J. Crockett l/ Date Signed: 12/13/2007 State Certification # RL001348L or State License #: State. PA Expiration Date of Certification or License. 06/30/2009 Certified Residential Appraiser Freddie Mac Form 439 6-93 SUPERVISORY APPRAISER (only if required) Signature ~ z--~~~' Name: Steven W. Barrett SRPA, SRA Date Signed: 12/13/2007 State Certification #: GA000298L or State License #. RB026921A State. PA Expiration Date of Certifcabon or License: 06/30/2009 ^ Did ~ Did Not Inspect Property Certified General Appraiser Page 2 of 2 Fannie Mae Form 10048 6-93 S. W. Barrett Real Estate 8~ Appraisal Services SUMMARY REPORT raervo VI APPRAISAL OF `,~. ~ ~, .._~_ ~,:. ,~ ~~ ~~_ ~~ ~ A.a, r~, ,~~`, ~.~~ ... yam. .. ++gx#TMSY~~Sk~,~~Yv~`>MdGW" e.J~'`'Pa 1, ~,~'3P,.~, >~~.i,r .. __~.~ ~l,>:~ ~n ~~ ~ _ , u ~~ :o, r a LOCATED AT: 570 Summit Drive Carlisle, PA 17013 FOR: M & T Investment Group 3607 Derry Street Harrisburg, PA 17111 BORROWER: Dorothy D. ALLMAN (Estate) AS OF: Novem!>er 2. 2007 BY: Cassandra J. Crockett Certified Residential Appraiser S. W. Barrett Real Estate 8 Appraisal Services SUMMARY REPORT nre rva. 1 211 312 0 07 M & T Investment Group 3607 Derry Street Harrisburg, PA 17111 File Number: 07-0455 Dear Sir; In accordance with your request, I have appraised the real property at: 570 Summit Drive Carlisle, PA 17013 The purpose of this appraisal is to develop an opinion of the market value of the subject property, as improved. The property rights appraised are the fee simple interest in the site and improvements. In my opinion, the market value of the property as of November 2, 2007 is: $155, 000 One Hundred Fifty-Five Thousand Dollars The attached report contains the description, analysis and supportive data for the conclusions, final opinion of value, descriptive photographs, limiting conditions and appropriate certifications. Respectfully submitted, Cassandra J. Crockett Certified Residential Appraiser S. W.Barrett Real Estate & Appraisal Services SUMMARY REPORT o,.,.,•,,.,n.~r.,;,,,;,,,, UNIFORM RESIDENTIAL APPRAISAL REPORT File No. 07-0455 Pro e Address 570 Summit Drive Ci Carlisle State PA ZpCcde 17013 Le al Desai Lion Oeed Book 256 Pa a 3320 County Cumberland Assessor's Parcel No. 04-22-0481-088 Tax Year 06107 R.E Taxes $ 2 418.00 S ecial Assessments $ N/A Borrower Doroth D. ALLMAN Estate CunentOwner Allman Doroth D. Occu ant: Owner X; Tenant Vacant Pro ert ri hts a raised X Fee Sim le Leasehold Proecl Tv e PUD Condominium (HUDNA only) HGA$ N!A lMo. Nei hborhood or Pro ed Name Borou h Ma Reference 22-0481 Census Tract 0124.00 I Sale Price $ NIA Date of Sale NlA Desai lion and $ amount of loan char es/concessions io be aid b seller N!A LendedClient M 8 T Investment Grou Address 3607 Der Street Harrisbur PA 17111 A raiser Cassandra J. Crockett Address 126 North Hanover Street Carlisle PA 17013 location Urban X Suburban Rural Butt up X^ Over 76% 25-76°'0 ~ Under 26 % Growth rate ^ Rapid X^ Stable Slow Predominant °ccupancy U Owner Single family housing PRA E Ar E 125 Low New Present land use % One family 85% 2d family 0 % Land use change X^ Nol likely ^ Likely ^ In process Property values X^ Increasing ^ Stable ^ Declining ^ Tenant 450+ Mi h 100 Multi-fandy 0 % To. Demand/supply ^ Shortage ^X In balance ^ O+awppy ^X Va~nt(a6%} Predominant ,Commercial 10 Marketin time Under 3 mos. X 3 6 mos. Over 6 mos. v.omtow• sxt 200 40 InstiYl 5% Note: Race and the racial composition of the neighborhood are not appraisal factors. Neighborhood boundaries and characteristics: Subject is bounded on the north by Rt.111641' on the east b Rt.34• on the south b I.81• and on the west b Wellin ton Drive. Factors that affect the marketability of the properties in the neighborhood (proximity to employment and amenities, employment stability, appeal to market, etc.): ' Subject roe is located in an established nei hborhood of sin le famil homes within the Borou h of Carlisle. Sho in and other amenities are within walkin or short drivin distance. Schools stem is Carlisle Distict and focal elements school is within .5 mite. SMSA 42.3240. hdarkei conditions in the subject neighborhood (including support }or the above conclusions related to the trend of property values, demandlsupply, and marketing time --such as data cn mmpetilive properties for sale in the neighborhood, description o1 the prevalence of sales and financing concessions, etc-): Pro _erty values are currently stable with an average ntarketinny time of 80.100 days. Econornic trends and lending rates have remained favorable. Sales concessions occur infr~uent~There are ne_ w homes_under construction in surrounding__~ developments, as well as resales available in the neighborhood. _ ______ _ ,__~_ Project Information for PUDs (If applicable) ~ • Is the developer/builder in control of the Home Owners' Association (HOA)? YES NO • Approximate total number of units in the subject project N!A Approximate total number of units for sale in the subject project NIA Describe common elements and recreational lacilities N1A Dimensions See le al descri tionltax ma Topography Basicall Level Site area 0.26 Acre M!L Ca~nerLot Yes X No Specific zoning classification and description R-1 Low Densi Residential Zoning compliance X^ Legal ^ Legal nono~nformng (Gandlathered use) Illegal No zoning Hi hest 8 best use as im raved X Present use Other use ex lain Size T ical for area Shape: Rectan ular Drainage A ears ade uate View Residential Utilities Public Other Electricity X^ 200 am Gas Water X~ Sanitary sewer ~ Storm sewer X Off•site Improvements Type Public Private Street Asphalt X^ ^ Curb/gutter Concrete X^ ^ Sidewalk Concrete ^X ^ Street lights Adequate X^ ^ Alle None Landscaping T iCal DnvewaySuriace As halt Apparent easements None A Arent FEMA Special Flood Hazard Area Yes X No FEMA Zone C Map Date 0 210 311 9 8 2 FEMA Ma No. 425382 0004E Comments (apparent adverse easements, encroachments, special assessments, slide areas, illegal or legal nonconforming zoning, use, etc.): There are n0 a Arent adverse easements encroachments or other adverse conditions. GENERAL DESCRIPTION No, of Units One No. of Storves One Type(DeLiAtL) Detached Design(SNIe) Ranch ExislinglPnposed Existin Age (Yrs.) 47 YrS Effective A e Yrs. 14.16 EXTERIOR DESCRIPTION Foundation Biock Ezleria'Nalls Stone RoofSurtace Shin le Gut(ers80wnspts. Aluminum Window Type Metal Csmnt SlormlScreens Existin Manufactured House No FOUNDATION Slab None QavdSpa~ None Basement Full Sump Pump None Dampness None Obs. Settlement None Obs. InfeslaGon None Obs. BASEMENT Area >q.Ft 1432 % Finished 50 % Ceilirxt Tile Walls PanellBrick Floor Vinyl Tile OulsiCe Entry YeS INSULATION Roof ^ Ceiling O Walls ^ Floor ^ None ^ u~o-now~ ^ ROOMS Fover Livin Dinin Kitchen Den Famil Rm. Rec. Rm. Bedrooms tt Baths Laund Other Area S .R. Basement 1 Area 700 Level ~ 1 Area 1 3 2 1 432 Leve12 • Finished area above rade contains: 5 Rooms: 3 Bedrooms ; 2 Balh s ; 1 432 S uare feet of Gross Livin Area INTERIOR Materials/Condition Floors HrdwdNin IIAv HEATING Type BBHW KITCHENEOUIP. Rehigerata ^ ATTIC None ^ AMENITIES Fireplace(s)#f3rick X^ CAR STORAGE'. None ^ • Walls PISUIDWfAv Fuel Oil RangelOven X^ Stairs ^ Patio Garage #olcars TrimlFinish WoodlAv ConditbnAvera e Disposal ^ Drop Stair O _ ~ Deck Attached Bath Floor Vin I TilelAv Bath Wainscot Tile/Fbr IslAv COOLING Central None Dishwasher ^ FanlHood ~ Scuttle ^~ Floor I^J Porch '12 x 22 O Fence o Detached Built-In Doors WOOden/Av Other Window Microwave ^ Heated ^ Pool Carport Avers a Condition ConditbnAvera e WashedDrver Firnshed - Drivewa 21Pvd Additional features (special energy efficient items, etc.)'. Wall oven surface to unit recent) re laced• file backs lash in kitchem built•ins~ frame shed. Condition of the improvements, depreciation (physical, lunciional, and external), repairs needed, quality of construction remodelingladditions, eic.~. Im rove merits are in avers a condition with no functional inade uacies a Arent. Evidence of concrete deteriorating in exterior stairwell to basement. Adverse environmental conditions (such as, but not limited lo, hazardous wastes, toxic substances, etc.) present in the improvements, on the site, or in the immediate vicinity or the subiect property: No adverse environmental conditions are anparenUdisclosed. ~.`°°~„'""'°'""' "' f'AGEIOFZ r:~, Mae Fnm iaw 6.97 praaucee uvnq,cCi ioir.ue, B9G.rL B)2` wv.,ciweomm tc S. W.Barrett Real Estate is Appraisal oervrce~ SUMMARY REPORT Valuation Section UNIFORM RESIDENTIAL APPRAISAL REPORT File No. 07-0455 ESTIMATED SITE VALUE ........................... _ $ 50 000 ESTIMATED REPRODUCTION COST-NEW OF IMPROVEMENTS Dwelling Sq. FL @ $ _ $ Sq. Ft. @ $ = Comments on Cest Approach (such as, source of cost estimate, site value, squae toot calculation and for HUD. VA and FmHA, the estimated remaining economic life of the property): Cost Approach [from MarshalllSwift Valuation Service - = handbook and local cost analysis] was considered, but GaragelCarport Sq. FI. @ $ = deemed not credible due to the age of the - Total Estimates cost New ...... .... _ $ improvements. Site value from Market Data. Less Prrysical Functional External Est. Remaining Econ. Life. Depreciation based on agellife, observed condition, and Deprecation = $ Market Data Analysis. Estimated remaining Economic Depreciated Value of Improvements , , _ . , ..... _ $ Life is 40.45 years. "AS-is" Value of Site Improvements ... . . . . .......... _ $ INDICATED VALUE BY COST APPROACH ~ ~ ~ - ~ - ~ ~ ~ ~ _ $ NIA ITEM SUBJECT COMPARABLE N0. t COMPARABLE N0. 2 COMPARABLE N0. 3 570 Summit Drive Address Carlisle 902 Sadler Court Carlisle 590 Summit Drive Carlisle 600 Belvedere Street Carlisle Proximi to Su6ect _ - 0.45 MIS 0.03 M1 WSW _0.19 MI_WNW Sales Price $ NIA ~ S 159 000 _' $ 139,000 $ 175 _000 PricelCross Liv. Area $ 0.00 m $ 103T52 m _ - $ 125.91 [r $ 147.80 d~ Data and/or VeritlcationSources MLSICourthouse Records Courthouse Records MLSICourthouse Records VALUEALUUSTMEMS DESCRIPTION DESCRIPTION .(~)sAq°,tm.m OESCRIPTION .(~7s~ai".rm.,,r DESCRIPTION .(.~saew,lme°i Sales or Financing Concessions N/A CIsg.Csts. -4,650 DOM 120 None, Conv DOM unknown None, Conv DOM 1 Oate of Sale lTirr>z ____ I _ NIA 11!06 4 770 7107 ^ 7/06 7 000 _ location _ _ _ Suburban Suburban Suburban T _ Suburban _ Leaxtold'Fee s:n,le _ Fee Simile Fee Simple _ Fee Simple ____ ~ Fee Simile _ __ Site ----- LoUAv ~26L LoUAvg~_4~_T"__ LoUAvg [ 26 ~ ---- LoVA~__~_41 ~-T---- view Residential Residential Residential __ ~ Residential__ _ _ Designan~~al Ranch __ Ranch _, Ranch _ ___ Ranch _ _ u<, roahy fC«uwcti~n Avers e Avers e _ _ Average ____ Average __T__~_ A e 47 Yrs 34 Yrs 47 Yrs_____ _ ` 44 Yrs _ __ __ Condition Avers a Avers a Avers e Su erior -15 000 Above Grade T°mi ; eam. ' ean, mml ; eam, ~ e,m, Tout ; Btlrms ' B,Ihs r°ul ; ao-m~ ' e,m, Room Count 40 5~ 3~ 2.00 5 3~ 2.00' 6 3~ 2.00; 6~ 3~ 1.50; 1,000 Gross Livin Area 1 432 S Fe 1 536 S .R -4 200 1 104 S Ft. 13 100 1 184 5 Ft 9 900 Basement6Finisned Rooms Below Grade Full Bsmt! Rec Room Parfial BsmU FamRm1.5 Bath Full BsmU Unfinished 5 000 Full Bsmtl Rec Room Functional Utili Averse Averse Averse Avers e Heatin /Cooiin OHW/None OFHA/CA -2 000 OFHAICA -2 000 OFHAICA -2 000 Ener Effident Items T ical T Teal T ical T ical Gars elCaraon OSP 2 C Int rl. Gar. -7 000 OSP 1 Car Gara a -4 500 P«ch, Patio, Deck, Fue laces ,etc. Porch/FP FP/Fencing 0 Scrnd.PorchlFP -1,000 Sun Room1FP -2,500 Fence, Pool, etc. None None None None Net Ad total __- + X • _ ;_ $ 13,080 X *_ $ 15 100 + X - _ ; $ 6 100 Adjusted Sales Price -Gross 14;2°ro 0.is 15.2% Gress 23,9% G- ot Com arable Net •- $.2% $ 145,920 Nety -10.9°/ __ $ 154,100 ~ Net 3.5 % $ 168 900 Comments on Sales Comparison (including the subject property's compatibility to the neighborhood, etc. ). All eom arables are similar ins le utili and location to the sub-ect roe are verified closed sales and are the best current) available. Limited sales of homes in sub'ect's value range have recently occurred, requiring an expanded search. Annual ap reciation of 3 % was taken for sales over one1rear. Adjusted range of value is $145,000 to $169,000, Most wei ht iven to sale #2 within the block. ITEM SUBJECT COMPARABLE N0. 1 COMPARABLE N0. 2 COMPARABLE N0. 3 Date, Price and Data S«xcef«priorsales within earora sisal None CHR 7!1/2003 $134,900 None Courthouse Records Courthouse Records _ None Courthouse Records Analysis of any current agreement of sale, option, or listing of the subject property and analysis of any pn« sales of subject and comparables within one year of the date of appraisal. No further recent recorded sales were found. fNDICATED VALUE BY SALES COMPARISON APPROACH . , .. , , ..... , _ , , , . $ 155 000 INDICATED VALUE BY INCOME APPROACH it linable Estimated Market Rent $ NIA Mb. x Gross. Rent Multi tier NIA $ NIA This appraisal is made X "as is" subject to the repass, aNeratans, inspections «mnditions listed bebw ~ subject [o completion per plans ano spedficatbns. Conditions of Appraisal: The property has been appraised in current condition. This appraisal is for client only, nontransferable. See attached addendum. final Recondliation: Market Analysis consistently supports my opinion of market value. GRM and Cost Anal sis were found ins ro slate for this anal sis. Su ortin file information substantiates these estimates. • _ The purpose of this appraisal is to estimate Ibe market value of the real property that is the subject of this report, based on the above conditions and the cextfiratbn, contingent and limling conditions, and market value definition that are stated in the attached Freddie Mac Fam 439/Fannie Mae Form 1004Ef (Reused 6193 ). I (WE) ESTIMATE THE MARKET VALUE, AS DEFINED, OF THE REAL PROPERTY THA71S THE SUBJECT OF THlS REPORT,AS OF 11/0212007 DOD (WHICH IS THE DATE OF INSPECTION AND THE EFFECTIVE DATE OF THIS REPORT) TO BE S 155,000-- . APPRAISER: ~ SUPERVISORY gpPRAI~ER ( NL IF REO IR DI: Si nature Signyiure 5 ---_ L~~ 1~- ^Did ^X Did Not Name Cassandra J. Crocke Name Steven W. Barrett SRPA, SRA Inspect Property Date Report Signed 1 211 312 0 0 7 Date Report Signed 1 211 312 0 0 7 Slate Certi(ralion a RL001346L State PA State Certification q GA000298L State PA Or State License tt State Or Slate License q R6026921 A State PA w°..M,~ram,o s.a~ ~ertmea rcesraenuar PAGE20F2 Gertihed General Appraiser r,°~;.M„ram,ow s-w Appraiser v,m"va":~~=;wrt.+<. eoozvernw.,,a.,.cam S.W. Barrett Real Estate & Appraisal Services FLOORPLAN Borrower Dorothy D ALLMAN (Estate) File No.: 07.0455 Pro ert Address: 570 Summit Drive Case No.: SUMMARY REPORT Cit :Carlisle State: PA Zip: 17013 Lender: M 8 T Investment Grou I I as.o• Bath o Bedroom Bedroom Kitchen ----~ Bath C oI tl~ Porch N - ~o Bedroom Living Room c~0 O 12.0_J 20.0' t 3.0' 13.0' Sketch by Apex IV WindowsT" I S .+ I Cotle AREA CALCULATIONS SUMMARY Descrlptlon Size Totals GLA1 Pirat PLoor 1437.00 1437.00 p/p Porch 769.00 269.00 I TOTAL LIVABLE (rounded) 1432 LIVING AREABREAKDOWN Breaktlown Subtotals. Pire[ PLOOr 30.0 x 96.0 1380.00 2.0 x 1J.0 26.00 2.0 x 13.0 26.00 3 Areas Total (rounded) 1432 `fh' 1~ , ; ~~ ~~~.1 ~ I' ~~' t ~„ ~ ~ . , j { gh ti l '~' Il r - 'YS y ~ ~~ l i i, I~ ~ :.. .. ., :~ ~ _. _ ~ w~. ~-yw +E~:v~y"``r,,~~~''wti.-r° . wMa~Yv. .,., ar ~~.. '~" 'fir 'S z- I~ -~.r'_-~~;. :ys'.:, '~-t t~=~...a.-.~r.a:,..<_ r_'~a?±f ~,:n, ~ar;~ i j~- -- - _ .~ ~ r vr'.arf ,,t~{,~ ~;~ L Y,a "F t., -~~-~'- ~~ ~ ~~ ~ .. ~~~ {~ r , ~~ i +~r~ ~ _r_...,,Yr.~ S~~ ter, a. ' .' ~ ~.,, L 4; ~3~ ~ I +z.i FRONT VIEW OF SUBJECT PROPERTY Aaprarsed Date: November 28, 2007 Appraised Value w REAR VIEW OF SUBJECT PROPERTY STREETSCEME r O Q ..-_ Cpl m ~ r ~ 0 ~ _ Z x ~ ~ uS ^ ill y "6 4 ~i 6 ~ ~ G a ~ o -cs t4 ~ a -- R ~ ~ ~ -. .~ ~ `-1 N V1 ~ W d ~' U i U 'J U a ~- c ~ ~ 2 ~ ~ ~ __..--~1 / t'r "'._.~` W+ •Y 4 VfY ,Y/ V N 47 i O [s- 7c W v .d rothy D ALLMAN tEstatel ' "c ~"~ ~'-v'~° ess:570 Summit Drive lase PJo.: SUMMARY REPORT - - State'. PA Zip', 17013 T Investment Group GOMPARABLE SALE #1 902 Sadler Court Carlisle Sale Date: 11!06 Sale Price'. $ 159,000 COMPARABLE SALE #2 540 Summit Drive Carlisle Sale Date: 7107 Sale Price' $ 139,000 COMPARABLE SALE #3 600 Belvedere Street Carlisle Sale Date. 7106 Sale Price', $ 175,000 PLAT MAP 6crrowcc Dorothy D. ALLMAN (Estate) {-il~ No-.: 07-0455 Pr^perty Address: 570 Summit Drive ;2se tJc.: SUMh1ARY REPORT City; Carlisle State: PA Z1ry 17013 Lender M & T Investment Grouo FfaodMap Legend F:UGC ;?gnPs nr<a: u~sa;ua:rcl try 3v'a~yeo; ncutling Rvaas c_:ss:e of the l04 ant 590-yesr fccdc5ar.~s ! A+tt:s irunSC¢d Cy tv~^rya5r flooding. _; ~,.L_'4~ lvrits tv:nd,'ed py 1 9~year tlooding=rrilh ~~a°.o:ily :hac=:d cy Ftrv:Vti n; Ra$ . ~' ,; F F6:CSrry tlroay iw_t vetOr4Y hC7ard Avers o-l ur-CelCrmin+tl C:.'. pas?~s 1tr oar hakerds r>:axs r.a maLtroC ni nny ~~=:thtd FiR!.1 Ficrtct fnrornfrcrran Commudtlr. 425;,x,? . ';APLISLE, 60P.DUGN L'F Property i> no[ in a FL3d4sptcial flood hazaN ar~9. A4p }i,mbr.- -0?FJ82 COG4B tba D~ta~ 02.(J3?IP`.,? Par;el: 00048 F I f S: 4:041 ~nr: c Neir:ierTransan«ricaFlno:! Hard C?.ifitation(TFH.)norAfl:rakeanv +ept+?5?rrtat~ns R u,rrdrrtles to an,r pa'tG scncerrir~p ih? correM, accvnr,r i. tomDl?teneis o}tt115 food r?DOR. ir,GUSn~anV war73Mf of ner%:h3rrtat+l¢ir ~~ f¢nrs fa' a paticula paryosz, N«¢hzr TFAC nor ;±C: nor tie seler of this 'I/i0af ,'>DOrt Sflall hale anV t3tVI1C'1 LO 3]ri Tti P7 DatV }r~~ ar'~r~ rJ:~? Cr rtils Jae ;~ this tloui repatt. LOCATION MAY Eorruw r' Dorothy D ALLMAN (Estate) File Na. 07-0455 Pro"eft Address: 570 Summit Drive C_d5c No :SUMMARY REPORT State: PA ZiG: 17013 Citv: Carlisle Lender: M 8 T Investment Grou ,T e ~~ ~iR: Geor9et~ ~ar~~~W~''" .~ ~~. O o, Drayer Ct ~ ~ ,~ ~~ Ca~~p 3 ~% ~~ Hillside Or ~ b ent Re4~,.. R°ye S/ona9e Or ~~Ter a~~ Ter S/on~ry~dge W Ter y 5',4-NCO? Te'.e P~:~n3 V'~.""ie~ Thornwood Ln 9 Gar/and Di _.:.~w"" 0 b ~~ ~ ~~ ~~ F ~ St __ _ ....~...,.._....u.....: w Fry y a ~. ~ ~ X. ~~ m~ ~` ~X t O ~~ a t k ~ at .c~ 7/x v ~nScale:. 1.00 miles 502 Ssdler Ct 11106 155000 5 .. x.536 0.95 Iai S ' S3G Summit Dr '~^7 132000 5 ~ 2 1104 0.03 tJI ~.5} 3 600 5e1•redeze St 7/06 175000 b 3 1.5 112•? 0.19 b1I nFlW Wa/nut S/ ~ W12i//o~v Sf? roe .,~'`'_~.~-.~,,._.,", o` ,,,,,,r„,~,~~ ; ~ ~° a. ~' o~ ~ U; l ~ O` y ~ Wngton Ln ~ a ___ ~,.a..~ r T ,~ ~nding Ln ~, o... ~ ti 3 O SUMMARY REPORT ~iiC rvu V! ********* QUALIFICATIONS ********* The following checked items are SPECIFIC SPECIAL CONDITIONS that were identified by this appraiser during the inspection of the subject property, the comparables sales, and their neighborhoods and locations. Unless otherwise noted, the conditions that apply to the subject property or the comparable sales used DO NOT AFFECT THE MARKET VALUE OR THE FUTURE MARKETABILITY OF THE SUBJECT PROPERTY BEING APPRAISED. This is not a home inspection service. This is an appraisal to estimate market value. _1. The subject is located in a rural area and is less than 25 % built-up. _x 2. Commercial/Industrial uses are located within the subject's neighborhood. Ttlese uses are typical of similar neighborhoods. _3. Vacant and undeveloped land uses are located within the subject's neighborhood. These uses are typical for the area. _4. The predominant value in the neighborhood is less than that of the market value of the subject property. This is due to the very wide range of value of properties in the area and superior quality of the subject property. _S. The subject property is located in a F.E.M.A. Identified Flood Zone. Flood insurance coverage is required and suggested. _6. Dampness is noted in the basement of the subject. Standing or runniny water was not present ort basement fluor. This condition is considered typical in dwellings of this style. _7. The subject property is serviced by private well and/or septic systems which is common for the area. _x_8. The subject is older than five(5) years. All mechanical systems including the heating, electrical and plumbing systems appear upon a visual exterior inspection to be in working order. No warranties are implied in this statement. _x_9. Repair items were noted in the comments section of the report. These comments on repair items are for descriptive purposes only and are not required repairs. The items listed are cosmetic in nature. _10. The basement floor is a dirt floor. This condition is common and typical for the area. and does not pose a health or safety hazard. _11. The subject property does contain functional obsolescence as noted in the report. This condition is considered typical and common for the area and this style dwelling. _x_12. The land value exceeds 30 % of total value due to the high demand for vacant land in this neighborhood. This condition is considered common and typical for the neighborhood. _13. The land value exceeds 30 % of total value. This is due to the large size of the site. This condition is considered to be typical and common. _14. Individual adjustments were required that exceed 15%. These adjustments were required due to lack of more similar comparables on that individual rating. Alt comparables used are the best available. _x_15. Total adjustments exceed 25%. This is due to the lack of comparable sales that were more similar in the subject's market area. All comparables used are the best available. _x_16. One or more comparable sales are older than six(8) months. Although there are comparable properties in the subject's area, none have sold recently; therefore, sales in excess of six(6) months have to be used. All comparables used are the best available. ~17, One or more comparables used were in excess of one (1) mile from the subje>ct property. Although there are comparable properties in the immediate area, none have sold recently. Therefore, it was necessary to use comparable sales outside of the immediate area. Alt comparables used are located in similar neighborhoods and within the same marketing area. All comparables used are the best available. _18. The electrical system was not connected during inspection. `19. The water service was not connected during inspection. ^20. The heating system was shut down during inspection. _21. Roofrng_Plumbing,Electrical_Heatingicertification(s) islare suggested. _22. Inground swimming pool-, out buildings are included ,not included according to lender's guidelines. _23. According to lender's guidelines a maximum of_acres were considered for this valuation. Remaining acreage was given no value. SUMMARY REPORT File No 07-0455 ********* QUALIFICATIONS *******`* _24. The subject property is located on a private road. _25. Wood infestation inspection is suggested. _x_26. Last recorded deed transfer: Date_412 212 0 0 3 ,Consideration: $1.00 _27. Proposed constructionlrenovation in accordance fo plans and specifications to be completed in a workman-like manner. _28. Seller is paying part or all of closing costs. _x_29. All comparable sales are verified closed sales. _x_30. There are no special conditions or other requirements that would affect market value or future marketability in the Appraisal Report. CHECKED ITEMS ARE SPECIFIC SPECIAL CONDITIONS THAT WERE IDENTIFIED BY' THIS APPRAISER DURING INSPECTION. SUMMARY REPORT -U4~~ ********* QUALIFICATIONS *******'* Confidentiality and Security Policy We consider privacy to be fundamental to our relationship with clients. We are committed to maintaining the confidentiality, integrity and security of clients' personal information. Internal policies have been developed to protect this confidentiality, while allowing client needs to be served. We restrict access to personal information to authorized individuals who need to know this information to comply with federal standards to protect your nonpublic personal information. We do nol disclose this information about you or any former consumers or customers to anyone, except as permitted bylaw. The law permits us to share this information with our affiliates. The law also permits us to share this information with companies that perform marketing. When we share nonpublic information referred to above, the information is made available for limited purposes and under controlled circumstances. We require third parties to comply with our standards for security and contientiality. We do not permit use of consumer/customer information for any other purpose nor do we permit third parties to rent, sell, trade or otherwise release or disclose information to any other party. Education As of the date of this report, 1 andlor Steven W. Barrett, SRPA, SRA, have completed the requirements under the continuing education program of the Appraisal Institute. SUMMARY REPORT File Na 07-0455 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 detinrtion is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby: (1) buyer and seller are typically motivated; (2} both parties are well informed or well advised, and each acting in what he considers his own best interest; (3) a reasonable time is allowed for exposure in the open market; (4) payment is made in terms of cash in U.S dollars or in terms of financial arrangements comparable thereto; and (5) the price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions' granted by anyone associated with the sale. 'Adjustments to the comparables must be made for special or creative financing or sales concessions. No adjustments are necessary for those costs which are normally paid by sellers as a result of tradition or law in a market area; these costs are readily identifiable since the seller pays these costs in virtually all sales transactions. Special or creative financing adjustments can be made to the comparable property by comparisons to financing terms offered by a third party institutional lender that is not already involved in the property or transaction. Any adjustment should not be calculated on a mechanical dollar for dollar cost of the financing or concession but the dollar amount of any adjustment should approximate the market's reaction to the financing or concessions based on the Appraiser's judgment. STATEMENT OF LIMITING CONDITIONS AND APPRAISER'S CERTIFICATION CONTINGENT AND LIMITING CONDITIONS: The appraiser's certification that appears in the appraisal report is subject to the following conditions: t. The appraiser wilt not be responsible for matters of a legal nature that affect either the propEVly being appraised or the title !o it. The appraiser assumes that the title is good and marketable and, therefore, will not render any opinions about the title. The properly is appraised on the basis of it being under responsible ownership. 2. The appraiser has provided a sketch in the appraisal report to show approximate dimensions of the improvements and the sketch is included only to assist the reader of the report in visualizing the property and understanding the appraiser'<., determination of its size. 3. The appraiser has examined the available flood maps That are provided by the Federal Emergency Management Agency (or other data sources) and has noted in the appraisal report whether the subject site is located in an identified Special Flood Hazard Area. Because the appraiser is not a surveyor, he or she makes no guarantees, express or implied, regarding this determination. 4 The appraiser will not give testimony or appear in court because he or she made an appraisal of the property in question, unless specific arrangements to do so have been made beforehand. 5. The appraiser has estimated the value of the land in the cost approach at its highest and best use and the improvements at their contrbutory value. These separate valuations of the land and improvements must not be used in conjunction with any other appraisal and are invalid if They are so used. 6. The appraiser has noted in the appraisal report any adverse conditions (such as, needed repairs, depreciation, the presence of hazardous wastes, toxic substances, etc.) observed during the inspection of the subject property or that he or she became aware of during the normal research involved in performing the appraisal. Unless otherwise stated in the appraisal report, the appraiser has no knowledge of any hidden or unapparenl conditions of the property or adverse environmenfal conditions (including the presence of hazardous wastes, toxic substances, etc.) that would make the property more or less valuable, and has assumed That there are no such conditions and makes no guarantees or warranties, express or implied, regarding the condition of the property. The appraiser will not be responsible for any such conditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist. Because the appraiser is not an expert in the field of environmental hazards, the appraisal report must not be considered as an environmental assessment of the property. 1. The appraiser obtained the information, estimates, and opinions that were expressed in the appraisal report from sources that he or she considers to be reliable and believes them to be true and correct. The appraiser does not assume responsibility for the accuracy of such items that were furnished by other parties. B. The appraiser will not disclose the contents of the appraisal report except as provided for in the Uniform Standards o1 Professional Appraisal Practice. 9. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to satisfactory completion, repairs, or alterations on the assumption that completion of the improvements will be performed in a workmanlike manner. 10. The appraiser must provide his or her prior written consent before the lenderfclient specified in the appraisal report can distribute the appraisal report (including conclusions about the property value, the appraiser's identity and professional designations, and references to any professional appraisal organizations or the firm with which the appraiser is associated) to anyone other than the borrower; the mortgagee or its successors and assigns; the mortgage insurer; consultants; professional appraisal organizations; any state or federally approved financial institution; or any department, agency, or instrumentality of the United States or any state or the District of Columbia; except that the lenderlclient may distribute the property description section of the report only to data collection or reporting service(s) without having to obtain the appraiser's prior written consent. The appraiser's written consent and approval must also be obtained before the appraisal can be conveyed by anyone to the public through advertising, public relations, news, sales, or other media. Freddie Mac Form 439 6-93 Page 1 of 2 Fannie Mae Form 10048 6-93 SUMMARY REPORT File No. 07-0455 APPRAISERS CERTIFICATION: The Appraiser certifies and agrees that: t I have researched the subject market area and have selected a minimum of three recent sales of properties most similar and proximate to the subject property for consideration in the sales comparison analysis and have made a dollar adjustment when appropriate to reflect the market reaction to those items of significant variation. If a significant item in a comparable property is superior to , or more favorable than, the subject properly, f have made a negative adjustment to reduce the adjusted sales price of the comparable and, if a significant item in a comparable property is inferior to, or less favorable than the subject property, I have made a positive adjustment to increase the adjusted sales price of the comparable. 2. I have taken into consideration the factors that have an impact on value in my development of the estimate of market value in the appraisal report. I have not knowingly withheld any significant information from the appraisal report and !believe, to the best of my knowledge, that all statements and information in the appraisal report are true and correct. 3. I stated in the appraisal report only my own personal, unbiased, and professional analysis, opinions, and conclusions, which are subject only to the contingent and limiting conditions specified in this form. 4. I have no present or prospective interest in the property that is the subject to this report, and have no present or prospective personal interest or bias with respect to the participants in the transaction. I did not base, either partially or completely, my analysis and/or the estimate of market value in the appraisal report on the race, color, religion, sex, handicap, familial status, or national origin of either the prospective owners or occupants of the subject property or of the present owners or occupants of the properties in the vicinity of the subject property. 5. I have no present or contemplated future interest in the subject property, and neither my current or future employment nor my compensaLon for performing this appraisal is contingent on the appraised value of the property. 6. I was not required to report a predetermined value or direction in value that favors the cause of the client or any related party, the amount of the value estimate, the attainment of a specific result, or the occurrence of a subsequent event in order to receive my compensation and/or employment for performing the appraisal. I did not base the appraisal report on a requested minimum valuation, a specific valuation, or the need to approve a specific mortgage loan. 7. 1 performed this appraisal in conformity with the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place as of the effective date of this appraisal, with the exception of the departure provision of those Standards, which does not apply. I acknowledge that an estimate of a reasonable time for exposure in the open market is a condition in the definition of market value and the estimate I developed is consistent with the marketing time noted in the neighborhood section of this report, unless I have otherwise stated in the reconciliation section. B. I have personally inspected the interior and exterior areas of the subject property and the exterior of all properties listed as comparables in the appraisal report. I further certify that I have noted any apparent or known adverse conditions in [he subject improvements, on the subject site, or on any site within the immediate vicinity of the subject properly of which I am aware and have made adjustments for these adverse conditions in my analysis of the property value to the extent that I had market evidence to support them. I have also commented about the effect of the adverse conditions on the marketability of the subject property. 9 I personally prepared all conclusions and opinions about the real estate that were set forth in the appraisal report. If f retied on significant professiona( assistance from any individual or individuals in the performance of the appraisal or the preparation of the appraisal report, I have named such individual(s) and disclosed the specific tasks performed by them in the reconciliation section of this appraisal report. I certify that any individual so named is qualified to perform the tasks. I have not authorized anyone to make a change to any item in the report; therefore, if an unauthorized change is made to the appraisal report, I will take no responsibility for it. SUPERVISORY APPRAISER'S CERTIFICATION: If a supervisory appraiser signed the appraisal report, he or she certifies and agrees that: I directly supervise the appraiser who prepared the appraisal report, have reveewed the appraisal report, agree with the statements and conclusions of the appraiser, agree to be bound by the appraiser's certifications numbered 4 through 7 above, and am taking full responsibiBty for the appraisal and the appraisal report. ADDRESS OF PROPERTY APPRAISED: 570 Summit Drive, Carlisle, PA 17013 APPRAISER: Signature: ,/J~1.Lni/w/,rn ~aC~¢~ Name: Cassandra J. Crocke Date Signed: 12y13/2D07 State Certification #: RL001348L or Stale License #. State: PA Expiration Date of Certifcalion or License: 06!30/2009 Certified Residential Appraiser Freddie Mac Form 439 6-93 SUPERVISORY APPRAISER (only if required) /~ Signaturee 1y ---1 r:.~-~ ~ `~' Name: Steven W. Barrett SRPA, SRA Date Signed: 12!1312007 Slate Certification #: GA000298L or State License #: RB026921A State: PA Expiration Date of Certifcation or License: 06/30/2009 ^ Did X^ Dld Not Inspect Property Certified General Appraiser Page 2 of 2 Fannie Mae Form 10048 693 Page 1 of 1 DAVID GORITY -Fwd: Re: prod -Date of Death Request ~-.. -.. ...,.._.,. :1 ;..Pi._i.. ..ter,'.: d.,...1.'.:~; From: YVETTE SHUGHART To: GORITY, DAVID Date: 11/26/2007 9:56 AM Subject: Fwd: Re: prod -Date of Death Request »> DATE OF DEATH REQUESTS 11/26/2007 9:37 AM »> Please find below the date of death balance for Dorothy D Allman ssn 204-01-3338 Records Management /DOD Unit M&T Bank- "Understanding what's important." »> <yshughart@mtb.com> 11/19/2007 1:41 PM »> Account Information Date of death: 11/02/2007 Account Number: 1046381 Balance $ 7,004.04 + accrued interest $ 0.00 = $ 7,004.04 total Product Type: Deposit Account Account Number: 9843933574 Balance $ 803.89 + accrued interest $ 0.00 = $ 803.89 total Product Type: Deposit Account Account Number: 31003917742817 Balance $115,000.00 + accrued interest $380.70 = $ 115,380.70 total Product Type: Deposit Account Request Details Deliver to: Requestor Delivery Options: E-mail Delivery Details: ebrn6eh file://C:\Temp\XP~rpwise\474A9838RNET2GCS-13100170696B13D691\GW}000O1.HTM 12/5/2007 CARL E. OCKER AUCTIONEER 4401 Philadelphia Avenue Chambersburg, PA 17201 (717) 264-6578 Personal Property Appraisal for Dorothy Apeman Estate 124 Parker Street Carlisle PA 17013 LIVING ROOM 2 PEMBROOK MAHOGANY TABLES ........................................................................................... ... ]00.00 SOFA, 2 RECLINERS ....................................................................................................................... .......0.00 ZELL TODD FLOWER PAINTING .................................................................................................. .......5.00 BOOKS &SHELF .............................................................................................................................. .....10.00 BRASS INK WELL ............................................................................................................................ .....15.00 2 DAISY & BUTTON HATS, GLASS TRINKET BOX, 2 MILK GLASS PCS ............................... .....15.00 WICKER CHAIR AND STAND ........................................................................................................ .....20.00 BRASS TORCH ................................................................................................................................. .....20.00 OG STEEPLE MANTLE CLOCK ..................................................................................................... .....50.00 SUGAR BUCKET .............................................................................................................................. .....20.00 JEANNE PAINTING SEA SUNSET ................................................................................................. .......5.00 ORIENTAL MIRROR ........................................................................................................................ .....20.00 FINGER CARVED VICTORIAN SIDE CHAIR ............................................................................... .....35.00 DROP LEAF SHERATON 2 DRAWER STAND .............................................................................. ...200.00 WINDSOR ARROW BACK SIDE CHAIR ....................................................................................... .....20.00 MAGAZINE RACK, 2 LAMPS, SHELF .......................................................................................... .......5.00 ADMIRAL TV-VCR .......................................................................................................................... .....25.00 CARVED ORIENTAL BUDDA AND HAND .................................................................................. .....10.00 DINING ROOM PINE ONE PC REFINISHED CORNER CUPBOARD ..................................................................... ...400.00 HAVILAND CUPS &SAUCERS ...................................................................................................... .....15.00 SILVER TRIM STEMWARE 16 PCS ............................................................................................... .....20.00 SWEDISH SET CHINA ..................................................................................................................... .....10.00 AUSTRIA PLAT'ES ............................................................................................................................ .......5.00 4 NUT DISHES, SALT DIPS ............................................................................................................. .....10.00 GLASS CAKE STAND ...................................................................................................................... .....10.00 BLUE GLASS OVERLAY MUFFINEER ......................................................................................... .....20.00 PRESSED GLASS LOT ..................................................................................................................... .....10.00 FENTON CRANBERRY COIN SPOT HAT ..................................................................................... .....25.00 4 HURRICANE LAMPS .................................................................................................................... .....50.00 PAIR POINT SILVER PLATE TEAPOT .......................................................................................... .....20.00 STERLING CREAMER, SUGAR, COMPOTE ................................................................................. .....20.00 PARTIAL STERLING DRESSER SET ............................................................................................. .....25.00 ORIENTAL STACKING CANISTER ............................................................................................... .....15.00 SP FLASK .......................................................................................................................................... .......5.00 LOT OF STERLING & SILVER PLATE FLATWARE .................................................................... .....50.00 STERLING CANDLE HOLDERS ..................................................................................................... .....10.00 PR BRASS WALL SCONCES ........................................................................................................... .......5.00 ~O®oli F`~ MAHOGANY 4 DRAWER SERVER ............................................... ....................................................150.00 SERVICE 12 WALLACE STERLING FLATWARE ....................... ....................................................600.00 PEWTER AND STERLING PLATES AND BOWLS ...................... ......................................................50.00 VICTORIAN CANISTOR SET ......................................................... ......................................................40.00 SILVER PLATE PLATTERS, TRAP, CAKE STAND, ETC ........... .... .................................................. 25.00 MAHOGANY DROP LEAF TABLE & CHAIRS ............................ ....................................................100.00 SPLINT WOVEN CHAIR ................................................................. ......................................................10.00 WOODEN BUTTER BOWL ............................................................. ......................................................25.00 CANDLEWICK TRAY ..................................................................... ......................................................10.00 DEEP WALNUT MIRROR ............................................................... ......................................................40.00 E[NSTEIN PAINTING 3 MONKS ................................................... ......................................................30.00 ELECTROLUX SWEEPER ............................................................. .......................................................35.00 FUR COAT ........................................................................................ ......................................................25.00 STERLING BABY SPOON AND FORK ........................................ .......................................................10.00 HITCHEN TIN HANGING CANDLE LANTERN ............................................ .......................................................35.00 MIXING BOWLS ............................................................................. .......................................................10.00 4 WICKER BAR STOOL.S ............................................................... .......................................................20.00 HANGING IRON 50'S WIN"IZR DESK &CHAIR ........................ .......................................................50.00 FAMILY ROOM BLACK RECLINER ........................................................................ .......................................................10.00 ] 84l MARTHA SEIDEL SAMPLER .............................................. .....................................................250.00 PINE DOVETAILED BOX .............................................................. .......................................................75.00 NILES FISSEL DRY GOOll CARLISLE BROADSIDE .............. .......................................................25.00 RAYO STYLE LAMP ...................................................................... .......................................................15.00 CD PLAYER, PAPER SHREDDER ................................................ .......................................................10.00 TOLE REDECORATED TRAY ...................................................... .......................................................20.00 EARLY DOVE TAILED WELL 2 DRAWER DRY SINK REFINI SHED ..........................................300.00 BLACKSMITH MADE PEEL ......................................................... .......................................................75.00 50'S IRON REED 2 CHAIRS, TEA CART ..................................... .......................................................50.00 LARGE DECORATED GENTELMANS CHAIR ........................... .......................................................35.00 DOVETAILED COPPER KETTLE ................................................. .......................................................75.00 BRASS SPITTOON .......................................................................... .......................................................15.00 ANNIVERSARY CLOCK ............................................................... .......................................................20.00 PORCELAIN ORIENTAL FIGURINE ........................................... ........................................................10.00 WICKER FEATHER RUFFLER ..................................................... ........................................................10.00 3 DECORATED IRONS ................................................................. ........................................................15.00 MAPLE WRITING DESK .............................................................. ........................................................20.00 CROWLEYS NEEDLE CABINET ................................................. ......................................................150.00 WOODEN BOX .............................................................................. ........................................................10.00 WALNUT MARBLE TOP STAND ................................................ ......................................................125.00 GE TV, VCR .................................................................................... ........................................................35.00 STEREO VIEWER AND CARDS .................................................. ........................................................50.00 CHERRY DOVETAILED PEWTER TOP COFFEE GRINDER .... ........................................................75.00 CANDLE MOLD ............................................................................. ........................................................20.00 R S EINSTEIN 1951 PAINTING "CARD GAME" ........................ ........................................................30.00 STOOL ............................................................................................ ..........................................................5.00 WINDSOR STYLE CHAIR ............................................................ ........................................................20.00 CARVED TOP STOOL ................................................................... ........................................................25.00 MEAT BENCH COFFEE TABLE .................................................. ........................................................20.00 EARLY LADDER BACK CHAIR, REPAIR .................................. ........................................................50.00 NILES H. FISSEL, CARLISLE, SHAVING MUG ........................ ........................................................25.00 MARY HADLEY PITCHER, CHIP ................................................ ..........................................................5.00 UPSTAIRS HALL OG MIRROR ................................................................................... ........................................................25.00 WALNUT OPEN WASH STAND .................................................. ........................................................65.00 JUG LAMP ...................................................................................... ........................................................10.00 BEDROOM ONE 2 TWIN BEDS ................................................................................ ...........................................................0.00 2 SINGLE SPREADS ..................................................................... .........................................................10.00 CRANBERRY BRASS LAMP ....................................................... .........................................................15.00 MILK GLASS DRESSER PIECES ...........................................................................................................5.00 WHITE CUSHMAN CHEST OF DRAWERS & MIRROR ...................................................................35.00 1920'S SEWING STAND .................................................................. .....................................................20.00 BEDROOM TWO 5 PC KING SIZE BED, FRENCH PROVINCIAL BEDROOM SET .....................................................50.00 WHITE SECRETARY DESK ............................................................ .....................................................35.00 CUT GLASS & STERLING 3 PC DRESSER SET ............................ ...................................................200.00 MISC JEWELRY ................................................................................ .....................................................25.00 2 FRENCH PROVINCIAL CHESTS AND NIGHT STAND ............ .....................................................25.00 CLOISENNE COVERED BOX ......................................................... .....................................................25.00 R.M. DENNIS STILL LIFE PAINTING 1911 ................................... .....................................................20.00 CLOTHES TREE ................................................................................ .....................................................10.00 TV ....................................................................................................... .....................................................20.00 WALNUT MIRROR .......................................................................... .....................................................15.00 ATTIC 2 COVERLETS .................................................................................. .....................................................75.00 2 CRAZY QUILTS ............................................................................ ....................................................100.00 VICTORIAN DRESSER LINEN PIECES ........................................ ......................................................50.00 2 COMFORTS ................................................................................... ......................................................25.00 I; I_A1' 'fOP 'fRLJNK .......................................................................... ......................................................20.00 PAISLEY LINEN PC ........................................................................ ......................................................35.00 CAMEL BACK TRUNK AND OLD CLOTFIES ............................. ......................................................20.00 1920'S BED & DRESSER ................................................................ ......................................................35.00 3 LEG FOL,DINU STAND ................................................................ ......................................................10.00 SPOOL CO"f"1'ON BOX .................................................................... ......................................................15.00 HAT BOXES ..................................................................................... ......................................................10.00 JARDINEER ...................................................................................... ......................................................10.00 MISC JEWELRY 2 BANGLES, CARD CASE, COMPACT CASE ......................................................25.00 BASEMENT FRIGIDAIRE UPRIGHT FREEZER .......................................................................................................65.00 EARLY YOUTH CHAIR ........................................................................................................................40.00 8 GALLON CROCK ...............................................................................................................................20.00 FIRE LADDER TRUCK .........................................................................................................................15.00 AMERICA FOSTORIA DECANTER .....................................................................................................10.00 MILK BOTTLES, GRIDDLE, MILK BOX ............................................................................................10.00 2 1950'S IRON REED CHAIRS .............................................................................................................25.00 1920'S KITCHEN TABLE ......................................................................................................................10.00 TOTAL ............................................................................................................................................. $5,475.00 I, DO HEREBY CERTIFY that I have examined the tangible personal property of Dorothy Apeman Estate, 124 Pazker Street, Carlisle PA 17013 And do value and appraise the same at $5,475.00 as being fair market Value of said property on this date of November 28, 2007 ~ ~1 1 ~ ~.~ Date « ~4 ° Carl E. Ocker ~ G" Appraiser Sinct 1972 M. RUTLAND GOLDSMITH • JEWELER CERTIFIED GEMOLOGIST ESTATE OF DOROTHY D. ALLMAN 1. One 20 inch strand of graduated cultured pearls. The necklace has 91 round white akoya pearls rangeing in size from 3.4mm to 6.Omm with a 7. S mm pearl in the center. The pearls have few blemishes and are of fair to good luster. The clasp is 10 karat white gold. The pearls are in need of restringing. Value $375.00 2. One 14 karat white gold ladies ring holding two diamonds and one green stone. The ring is 3mm wide at the top tapering to I .Smm at the bottom with three six prong heads. The green stone is set in the center with one diamond on each side.The diamonds are Old European cuts and off round. One measures 4.Smm x S.7Smm x 2.8 deep and weighs approx. 0.31 carats. The second diamond is 4.4mm x 3.9mm x 3mm deep with a weight of approx.0.29carats. Thier clarity is SI to VS and they are near colorless. The green stone is a Cushion cut measuring 4mm x 3.Smm. This stone appears to be an emerald, however it is very abraided and has a frosty appearance making it difficult to determine its refractive index and get a visual of any inclusions. Because of the abraisions and small cracks the value of this stone is minimal. Value $550.00 3. One white gold ladies ring which tests 14 karat. This ring holds ten diamonds and is 7mm wide at the top tapering to 1.2mm at the bottom. It has two rows of five diamonds in each, set low in four prong illusion settings. The diamonds are round brilliant cuts, 3mm in diameter with a weight of 0. l Ocarats each. They are well matched, of VS 1 in clarity and near colorless. The total diamond weight is 1.Ocarats. Value $900.00 On this day of December 31, 2007 I have examined the above articles. This appraisal is for Estate purposes only. All weights and measurements are approximate, and the stones were graded as the mountings permit. ~ ~-. , . Nov 19 07 04:4zp sentinel property managem 919 781 0003 ~'raG[rcc ~~r~lr~ c~~a•11 Estate Appraisal No. 402007 Customer: Denise Anderson Address: 2104-8 Ravenglass Puce Raleigh NC 27612 Executor; David Gority Decaased: Dotti Allman Date of d®ath: Nov. 2, 2007 JewQlry: Ring ~escriptlon: Lady's Diamond Princess Ring diamond(s): (1) Diamond c~«i~;q~~ ~~~»6~~~~ Page Number: 2 November 19, 2007 Shape: Otd Europe~~n cut Quantity: 1, Mounted Dimensions: Max.Diameter-4.9mm. ; Min.Diameter-4.8rrtm. ;Depth-2.9mm. Depth P®rcentage: 59.8% Girdle: Not Visible Clarity: VS2 Colon H Symmetry: Good Culet: Large Polish: Gaud Fluorescence: Faint Additional Description: This diamond is bezel sefi just off the center of this ring. EstimatedWeight: 0.42 carat Replacement Value: $820.00 he appraiser assumes ho liability regarding any action oaken on the basis of this Appraisal. p.4 Nov 19 07 04:42p sentinel property managem 919 781 0003 p.5 ..+ Cr"~'r~~sure isle, ~.°~' C7'rcrl~UTe ~~~rfr~ ct7~>•rr C~~rlegl~, c~ ~?76~L No. 402007 Page Number: 3 (2) Diamond Shape: Old European cut Quantity: 1, Mounted Dimensions: Max.Diameter-4.6mm. ; Min.Diameter-4.5mrn~. ;Depth-2.7mm. Depth Percentage: 5y.3% Girdle: Not Visible Clarity: VS2 Color: H Symmetry; Fair Culet: Large Polish: Good Fluorescence: None Additional Description' This diamond is bezel set just off the center of This ring. EstimatedWeight: 0.34 carat Replacement Value: $610.00 (3) Diamond Shape: Single cut Quantity: 18, Mour-ted Dimensions: Max.l7iameter-1.5mm_ ; Min.Diameter-1.45mm. ;Depth-0.9mm. Depth Percentage: 61.0% Girdle: Not Visible Average Clarity: S13-l1 Average Color: 1-J Symmetry: Fair Culet: Small Polish: Good Fluorescence: None Additional D®scrip~tion; These diamonds are prong set in this ring, EstimatedWeight: 0.21 carat Replacement ValuE:: $130.00 (4) Diamond Shape: Single cut Quantity: 2, Mounted Dimensions: Max.Diarneter-1.8mm. ; Min.Diameter-1.7mm. ; I]epth-1mm. Depth Percentage: 57.1 Girdle: Not Visible Average Clarity: S13-1~1 Average Color: I-J Symmetry: Fair Culet: Small Tho appraiser assumes no liabirity regarding any ~~c~ion taken on the basis of this ilppraisai. t Nov 19 07 04:42p sentinel property managem 919 781 0003 2re~rsure isle, ~.,°~ ~'rahlr~ Cla~rl~~, cCfu(1 . C~,lr~'f,. ~~6Er'2761> No. 402007 ~ Metal~sj: I Total Value: Instruments used in evaluation: All applicable instruments Today's prices: Gold- $845.00 per ounce ;Platinum- $1275.00 per ounce Polish: Good Fluorescence: None Additional Description: These two diamonds are prong sEt in this ring. EstimatedWeight: 0.04 carat Replacement Valut~: $30.00 Metal: Platinum, Tested Condition: Used Finish: High polish Weight; 4.9 grams, gemstones included Style: oblong princess ring Replacement Value: $920.00 Page Number: 4 2 510.00 p.6 the appraiser assumos no liability regarding any act(on taken on the basis of thls Appraisal. Nov 19 07 04:42p sentinel property managem 919 781 0003 ~r~~rure Cfi~sle, ~.,°~ C'i;rblrc~ ~71(cp ~~I-f~tl! C~~rleigll, ~~ (r'??E 12 Page Number: 5 G.I.A_ CLARITY GRADING SCALE: I I _. _... I . ~ _ FL WS1 WS2 VS1 VS2 S11 S12 11 12 13 Eye Clean Imperfect FLAWLESS: stones in this category are free from all internal and external inclusions when examined by skilled observ~atlon in normal, natural or artificial light with a 1 ox loupe or a 10x binocular microscope. WS1 and WS2: these grad®s contain inclusions or surface blemishes so small or insignificant that they are difficult to locate under 1 Ux. If they are exceedingly tiny or difficult to locate, the first WS grade applies. Carbon pinpoints, tiny clouds, nicks, scratches. knots and other minor discrepancies characterize the WS grades. VS1, VS2, S11 and S12: Inclusions and blemishes of a size, number and position between those o~ifficult to locate under 10x in the WS grades and those visible to the unaided e~~e in the impertect grades are placed in the VS and SI categories. At the upper end, inclusions are still small anq fairly dltPlcult to locate. At the lower end, they are just vne step above an imperfect rating. 11, 12 and 13: to the imperfect grades are placed those stones with inclusions visible to the unaided eye or with bad cleavages that are likely to be extended during o~•dinary wear. These vary from stones with flaws difficult to locate by the unaided eye when face up to those that should be used for industrial purposes. G.I.A. COLOR GRADING SCALE:: p.7 -I,I~I_I_I_I-I„I.I_I~I__I_I~I-I._I_I-I_I_I_I-I__I D E F G H I J K L M N ~> f' Q R S T U V W X Y Z colorless very light yellow light yellow yellow