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HomeMy WebLinkAbout01-1052 Register of Wills of CUMBERLAND County I Pennsylvania PETITION FOR GRANT OF LETTERS Estate of ELWOOD R. GUTSHALL, SR. No. 21-01-1052 also known as , Deceased Social Security No. 204-03-3372 Petitioner(s), who is/are 18 years of age or older, apply)ies) for: (COMPLETE MAM OR MBM BELOW:) O A. Probate and Grant of Letters and aver that Petitioner(s) is/are the execut ORS named in the Last Will of the Decedent, dated FEBRUARY 26, 1993 and codicil(s) dates NONE ..f- f ~......... c;'A-h" W\ 4-F.A-d...... fA! ,.411t if ~) State relevant circumstances, e.g., renunciation, death of executor, etc Except as follows, Decedent did not marry, was not divorced and did not have a child born or adopted after execution of the documents offered for probate; was not the victim of a killing and was never adjudicated incapacitated: o B. Grant of Letters of Administration (c.1.a., d.b.n.c.1.a.: pendente lite, durante absentia; durante minoritate) Petitioner(s) after a proper search haslhave ascertained the Decedent left no Will and was survived by the following spouse (if any) and heirs: I Name Relationship Residence I (COMPLETE IN ALL CASES:) Attach additional sheets if necessary. Decedent was domiciled at death in CUMBERLAND County, Pennsylva'1ia, with his/her last family or principal residence at 1420 CENTER ROAD NEWVILLE PA 17241 ... D -' ~,. ,. W\. (list street~r and municipality) Decedent, then ~ years of age, died NOVEMBER 2 ~~, at 1420 CENTER ROAD, NEWVILLE, FA 17241 (Location) Decedent at death own property with estimated values as follows: (if d~miciled in PA All personal property......................................... $ 2,500.00 (if not domiciled in PA Personal property in Pennsylvania .................... $ (if not domiciled in PA Personal property in County .............................. $ Value of real estate in Pennsylvania ........................................................................................ $ 500,000.00 Total ....................... .......................... ..... ...... .......... ................... ............................ $ 502,500.00 Real Estate situated as follows: 1420 CENTER ROAD, NEWVILLE, P A 17241 Wherefor, Petitioner(s) respectfully request(s) the probate of the last Will and Codicil(s) presented with this Petition and the grant of letters in the appropriate form to the undersigned: Typed or printed name and residence HAMILTON C. DAVIS P.O. BOX 40 SHIPPENSBURG PA 17257 SUSAN BEIDEL 9388 MOWERSVILLE ROAD NEWBURD PA 17240 RW-1 Oath of Personal Representative Commonwealth of Pennsylvania County of CUMBERLAND The Petitioner(s) above-named swear(s) and affirm(s) that the statements in the foregoing Petition are true and correct to the best of the knowledge and belief of Petitioner(s) and that, as personal representative(s) of the Decedent, Petitioner(s) will well and truly administe~rtha a ata ace 1'1'9 to I~. j ~ Sworn to and affirmed and subscribed ~ ( .. 4: Hamil on C. vis before me this 8th day of Nov. 'mCl.'U1 Co. ~ n ll.-PB.~ ~2001 Susan Beidel DECREE OF REGISTER Estate of ELWOOD R. GUTSHALL. SR. also known as Deceased No. 21-01-1052 Date of Death: NOVEMBER 2, 2001 Social Security No: 204-03-3372 AND NOW, NOV.. 16 , $2001 ,in consideration of the Petition on the reverse side hereon, satisfactory proof having been presented before me, IT IS DECREED that Letters ~ Testamentary tJ of Administration are hereby granted to HAMIL TON C. DA VIS AND SUSAN BEIDEL ((c.t.a., d.b.n.c.t.; pendente lite; durante absentia; durante minoriate) in the above estate and that the instrument(s), if any, dated feb. 26,1993 described in the Petition be admitted to probate and filed of record as the last Will of Decedent.. FEES Letters .................................... $ 375.00 Short Certificates(s) ............... Renunciation .. .............. .......... Extra Pages ( ) ............... I. T. A. ...................................... JCP Fee ................................. Inventory .......... ...................... Other............... ....................... TOTAL ......................... ....$ ~jVf. c,. ~I"_.;, p.., PRo \t-4- RegisterotWilIs ~ $ $ $ $ $ $ $ $ 30.00 5.00 90.00 --Jj~ db [AI AtlOrnay~~ DAVIS 1.0. No: 10264 Address: P.O. BOX 40 SHIPPENSBURG Telephone: 717 532-5713 PA 17257 - c:; 00 50S.00 DATE FILED: NOV. 16,2001 21-01-1052 Register of Wills of CUMBERLAND RENUNCIATION County, Pennsylvania Estate of ELWOOD R. GUTSHALL, SR. No. 21-01-1052 also known as , Deceased The undersigned, M & T BANK, FORMERLY BY MERGER FARMERS TRUST COMPANY (Relationship) (Capacity) of the above Decendent, hereby renounce(s) the right to administer the estate and respectfully request(s) that Letters TESTAMENTARY be issued to HAMIL TON C. DAVIS AND SUE BEIDEL AS CO-EX. Witness his hand this ,ur..&.! r By: M&T Bank TITLE: ONE WEST HIGH STREET, CARLISLE (Address) PA 17013 (Signature) (Address) (Signature) (Address) Sworn to or affirmed and subscribed before me this day of ,19_. Notary Public My Commission Expires: (Signature and seal of Notary or other official qualified to administer oaths. Show date of expiration of Notary's commission.) NOTE: Renunciations executed outside the Office of Register of Wills are required in some counties to be notarized. RW-3 CERTIFICATION OF NOTICE UNDER RULE 5.6(a) ~ ~ Name of Decedent: Elwood R. Gutshall, Sr. Date of Death: November 2,2001 Will No.: 21-01-1052 To the Register: I certify that notice of (beneficial interest) estate administration required by Rule 5.6(a) of the Orphans' Court Rules was served on or mailed to the following beneficiaries of the above- captioned estate on December 27, 2001 Name Address Nena E. Chapman 1300 Center Road, Newville, PA 17241 Barbara A. Cline 70 Asper Road, Newville, FA 17241 Margarette C. Gilliam 1308 Center Road, Newville, FA 17241 Annette L. Gutshall 151 Roxbury Road, Newville, FA 17241 David W. Gutshall 1420 Center Road, Newville, FA 17241 Loreda Gutshall 1420 Center Road, Newville, PA 17241 Richard L. Gutshall 451 Brandy Run Road, Newville, PA 17241 Sandra L. Gutshall 1801 JFK Blvd The Sterling #1203, Philadelphia, PA 19103 Elwood R. Gutshall Jr. 1395 Center Road, Newville, P A 17241 Center Lutheran Church 1498 Center Road, Newville, P A 17241 Notice has now been given to all persons entitled thereto unde None Date: 12/27/01 --' Signature Name: Hamilton C. Davis, Esq. \0 Address: P.O. Box 40 -:-:- 0... Shippensburg, P A 17257 00 N c:...J o ') ::~1 Telephone: 717-532-5713 ,." ~ ,... :~ a)' ~a: cr:. p rL) t'2 \Jl= - - uu Capacity: _ personal representative ~ counsel for personal representative Register of Wills of CUMBERLAND County, Pennsylvania PETITION FOR GRANT OF LETTERS Estate of ELWOOD R. GUTSHALL, SR. No. ~ J -0 t -) 0 5 ~ also known as , Deceased Social Security No. 204-03-3372 Petitioner(s), who is/are 18 years of age or older, apply)ies) for: (COMPLETE -A- OR -B- BELOW:) o A. Probate and Grant of Letters and aver that Petitioner(s) is/are the execut ORS named in the Last Will of the ~ted FEBRUARY 2~ 1993 and codicil(s) dates NONE ...J- f" ~ "1- C j'A -h' "'" .4,;[_ tq r.... \I ~.J. ~':) State relevant circumstances, e.g., renunciation, death of executor, etc Except as follows, Decedent did not marry, was not divorced and did not have a child born or adopted after execution of the documents offered for probate; was not the victim of a killing and was never adjudicated incapacitated: o B. Grant of Letters of Administration (c.t.a., d.b.n.c.t.a.: pendente lite, durante absentia; durante minoritate) Petitioner(s) after a proper search haslhave ascertained the Decedent left no Will and was survived by the following spouse (if any) and heirs: . I Name Relationship Residence I (COMPLETE IN ALL CASES:) Attach additional sheets if necessary. Decedent was domiciled at death in CUMBERLAND County. Penns qnia. with hislher la~t family or principal residence at 1420 CENTER ROAD NEWVILLE P A 17241 U (' .; (list street, number and municl I ) Decedent. then ,;) years of age, died NOVEMBER 2 . 19 ill-. at 1420 CENTER ROAD, NEWVILLE, PA 17241 (Location) Decedent at death owned property with estimated values as follows: (if domiciled in PA All personal property ......................................... $ 2,500.00 (if not domiciled in PA Personal property in Pennsylvania .................... $ (if not domiciled in PA Personal property in County .............................. $ Value of real estate in Pennsylvania ........................................................................................ $ 500,000.00 Total............. ....... ......... ........ ...................:.. ................................... ............... ........ $ 502,500.00 Real Estate situated as follows: 1420 CENTER ROAD, NEWVILLE, P A 17241 Wherefor, Petitioner(s) respectfully request(s) the probate of the last Will and Codicil(s) presented with this Petition and the grant of letters in the appropriate fonn to the undersigned: Typed or printed name and residence HAMIL TON C. DAVIS P.O. BOX 40 SHIPPENSBURG PA 17257 SUSAN BEIDEL 9388 MOWERSVILLE ROAD NEWBURD PA 17240 RW-1 J 7- ~I ~ 9 21-01-1052 Oath of Personal Representative Commonwealth of Pennsylvania County of CUMBERLAND The Petitioner(s) above-named swear(s) and affirm(s) that the statements in the foregoing Petition are true and correct to the best of the knowledge and belief of Petitioner(s) and that, as personal representative(s) of the Decedent, Petitioner(s) will well and truly adminis~er the e ale ace 1"'9 to law. 9- . ~ Sworn to and affirmed and subscribed _ r..1 Hamil on c. vis before me this 15th day of NOVEMBER 1~2001 'ma "( ~li~ ~~~ Susan Beidel DECREE OF REGISTER Estate of ELWOOD R GUTSHALL. SR also known as Deceased No. 21-01-1052 Date of Death: NOVEMBER 2, 2001 Social Security No: 204-03-3372 AND NOW, Nn\lRMR"RR 16 ,)f:82001 ,in consideration of the Petition on the reverse side hereon, satisfactory proof having been presented before me, IT IS DECREED that Letters iii Testamentary 0 of Administration are hereby granted to HAMIL TON C. DA VIS AND SUSAN BEIDEL ((c.t.a., d.b.n.c.t.; pendente lite; durante absentia; durante minoriate) in the above estate and that the instrument(s), if any, dated FEB. 26,1993 described in the Petition be admitted to probate and filed of record as the last Will of Decedent. FEES Letters ....... ......................... .... Short Certificates(s) ............... Renunciation .......................... Extra Pages ( ) ............... .. ...... ..... "........ ... ... ................. *' ............ I. T .R. .......... ...................... ...... JCP Fee ................................. Inventory ......................... ....... Other .... .......... .... .................... $ 375.00 'rnn~t c. 4.~ n.. p,g. <1~ Register of Wills $ $ $ $ $ $ $ $ 30.00 5.00 90.00 -J/~ r#/ r Jf) · AIt.Omey:~~D;~ 1.0. No: 10264 Address: P.O. BOX 40 SHIPPENSBURG 5.00 PA 17257 TOTAL .............................$ 505.00 Telephone: 717 532-5713 DATE FILED: NOV. 16,2001 05.805 REV 9/86 fil d " This is to certify that the information here given is correctly copied fro~ an original certificate of death dul~ 1 e Win me as Local Registrar. The original certificate will be forwarded to the State Vital Records Office for permanent filmg. WARNING: It is illegal to duplicate this copy by photostat or photograph. p 7714417 ~'-~'~~~~ Local Registrar Fee for this certificate, $2.00 HOV 6 2001 No. Date HTOS.1'3 R.". 2187 COMMONWEALTH OF PENNSYLVANIA. DEPARTMENT OF HEALTH · VITAL RECORDS CERTIFICATE OF DEATH "'T NT II( NAME Of DECEDENT If... ..."""". ..., SEX STATE 'II.E NUMBER SOCIAL SECUA'TV NUMBER DATE Of ()(.ATH ,M"",,,. 0.,. ._, L Elwood R. Gutshall AGE (Last ~Y) UNDER' vv.A UNDER 1 DAY ~ Days -... l Minlrt.. Cumb kL. DECElIENl'S USUAL OCC\IMIOH l~-=:~ '::':::'.i..t"""l" 8IRTHPLACE :C,ry ...., State 01 'eroql CounttYI 2, male 3.204 -03 -3372 P~E Of DEIITH ICl>etk """" <>re -- _ "'..''''',.....'''' _ _, HOSPITAl.: OTHER: 1",*- 0 E~,.... 0 =" 0 4.Nov" 2 2001 ::IlyIO WIltS DECEDENT E'tIEA IN U.S. ARMED FORCES? "" 0 Nokl RACE. "- _. 8IioI:t<. Whil.. lICe (~I ,o.whi te SUR\I1V1NG SPOuSE lft_.gow,,-_, ~) 1420 Center Rd ,..Newvi lIe, Pa" r:R'HER'S NAME (Filii. _. LaoI) lIECIDENl'S ACTUAL RISlDENCE 1Soe~ ""__) '7.. SI.,. p~ DicI - .,. in. -..nip? 11...0 ~":'":::al MOTHER'S NAME (F..1. MoaaIe. MalCleft SuI".,.,., 14. T,...O ""'._~ifI Mii7-Fli-q _. 1.",. Cumb c;ry- I :. d. \J \A. e..... "'"'-~..... DUE TO lOR AS A CON$EOlJ(NCE OFt C Q.,. c. \..,,.....Il... Vt-.~ \. ... \_ if\.<;......LJ- ^ 0IlJE TO lOR AS A ~OUENCE 0F'l: V "\ \.,.~~ \- ,~....d..h- 0IlJE TO lOR AS A CONS(OlJ( NCE OFt WIltS CASE REFERRED TO MeDICAL Ex,o...INERICOAONER? ~ .....0 n. ,Apoto-,. PART I: 0lher,;gn;t\cwll_~1O_1II.1IUl : =.:::= "'" -ultinV in "'" uncIMtyin9 _ g;- in PiUlT I. \ I , 24. M. as. If. MRT I: E""" ilia -.... injurieao< C4)mp1ica'_ _" r:avsed 'lie delrll. 00 "","nt., 1M _ 0\ dyinQ. suell ".Irelia. or '"OP;'lIIory """'. slloetc or lie." '";/ut. liIl orIIy ON _ on IKl\.... WERE AUlOPSY r:INOINGS MANNER OF Df:ATH -'lA8I.E PA\()lIl 11:) COMP\ETION 0#' CAuSE .......11 ~ 0 OF DEATH? Horncicle -... 0 f'wnd;ng -......- 0 .....0 NoD Suicide 0 CouklIlOl De dIlllfmlned 0 DATE 0#' INJURY (M""... Day. _I TIME Of INJURY INJURY lIT WORK? DESCRIBE HOW INJURY ClCCUAAED. "No 0 NoD ... ks.d ~d ,() I o -. c:aJlT1l'1IJl1O\ck llNy one! "CUlTIFY1NG '"YSIQAtl (Ph_eertolyonq eaua"'dMlrl___ __.... llf"""""'*l dealtl ana ~ad nem 231 To..._of...,._...........etftoct__.....e.......,.nd......_...._.......................................... . a. I'lJ\CE Of INJURY. A1_. _. st_. laclOl'f. oflIc:e ~ elC.ISpeoly\ ... .~NG AHO CERTIFYING PHYSICIAN (PhyoocIon ""'" iJ'onounong <M.III anclClfldyvlqlOcause 01 tlHIIll To the bNt of my ImowledoA_ de.'" Gee,,"," at......... _f., and place. and due to lb. eauMf.) and manne, as Itateel.. . . . . . . . . . . . . . . . . . . . . . . . . 'IIEmCAlDAIIINIlAlCOAOHER o..1f>e~. o'o.....I...llon and/or Investlgallon, In my opinion, d..,,, occurr." ot '''.lIm., d.'., and plac.. _ duo 10 IIle c.U"(S)lnd ),.~...... .tll..., . . , . , . . . . . . . . . . . . . . . . . . . . . . . . . ... . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . .. . . .. .. . . . . . . . . . . . . . . . . . . . . .. REGISTRAR'S SIGNATURE ANO NUIooI~ _ C'::> 33. ~ \\. ~~~ 32. DIITE FILED (looIonth. .'7.. I )4. ~ ~ ~ I ., LAST WILL AND TESTAMENT I, ELWOOD R. GUTSHALL, SR., of Lower Mifflin Township, Cumberland County, PA, declare this to be my Last will and Testament and revoke any will or Codicil previously made by me. ITEM I : I direct that all my just debts and funeral expenses, including my gravemarker and all expenses of my last illness, shall be paid from my residuary estate as soon as practicable after my decease as a part of the administration of my estate. ITEM II: I bequeath those articles of my household furni ture and furnishings and those articles of my personal effects and personal property as set forth in a separate memorandum, which, if I prepare such, I shall place with my will or deposit with my attorney, to the persons therein designated. ITEM III: I give and bequeath to my two sons, ELWOOD R. GUTSHALL, JR. and DAVID W. GUTSHALL, or the survivor of them, any and all farming equipment, machinery and tangible personal property heretofore utilized by me in my farming business. ITEM IV: If I have not done so prior to my death, I give and devise the houses and lots (and I direct my Executors to accomplish the subdivisions necessary herefor) hereinafter identified, as follows: A. The house and a lot of approximately 10 acres, (inclUd- ing all residential use property but excluding all barns or other farming structures) from the farm I commonly refer I ~ ~ . . to as the "Home Farm" (which farm was purchased in 1946 from Martha Ellen Gutshall's Trustee) to my son, DAVID W. GUTSHALL. This bequest is subject to the right of occupancy of my wife, EDNA M. GUTSHALL, and my sister, LOREDA GUTSHALL, for so long as they wish. B. The house and a lot of approximately 10 acres, (including all residential use property but excluding all barns or other farming structures) from the farm I commonly refer to as the "Nelson Farm" (which farm was purchased in 1969, from G. Dewey Nelson & Elsie C. Nelson) to my son, ELWOOD R. GUTSHALL, JR. C. The house and a lot of approximately 10 acres, (including all residential use property but excluding all barns or other farming structures) from the farm I commonly refer to as the "Weast Farm" (which farm was purchased in 1948 from Theodore T. Weast) to my daughter, SANDRA L. GUTSHALL. ITEM V: I make the following specific bequests: A. The sum of $2,500.00 as an endowment to the Cemetery Fund of the Center Lutheran Church, the interest from this gift (and the prior gift made during my lifetime) are to be used for care and upkeep for the cemetery in general and the Gutshall family gravesites in particular. B. The sum of $10,000.00 to my nephew, RICHARD (DICK) 2 ~ ~' ~. . GUTSHALL, the son of my sister, LOREDA GUTSHALL. If my nephew, RICHARD (DICK) GUTSHALL predeceases me, this gift shall lapse and the sum hereunder bequeathed shall instead pass under either ITEM VII or ITEM VIII hereinafter. C. If my sister, LOREDA GUTSHALL, survives me, the sum of $10,000.00 to my Trustees hereinafter named, to be held by such Trustees, as Special Trustees, IN TRUST, for the benefit of my sister, LOREDA GUTSHALL, for the following uses and purposes and under the following terms and provisions: 1. No payments shall be made from this Trust of either income or principal until Trustees shall have taken into consideration all of my sister, LOREDA GUTSHALL's available other assets and sources of income, including entitlement to benefits or services from any local, state or federal government or agency (or from any private agency) . 2. During the life of my sister, LOREDA, all payments from this Trust which go to the benefit of LOREDA are to be direct payments to the person or entity supplying goods or services to him at the request of the Trustees. 3. During the life of LOREDA, no portion of this Trust, either income or principal, shall be subject to anticipation, pledge, assignment or obligation of LOREDA 3 nor be subject to any reimbursement, execution, attachment, levy or sequestration or any other claims of or interference from the creditors of LOREDA or the estate of LOREDA or of anyone who may be obligated for the support of LOREDA, including any government or governmental agency or private agency which has provided benefits or services to LOREDA. 4. During the life of LOREDA, no portion of the principal of this Trust, and for so long as there exists any claim against LOREDA for reimbursement by any creditor, no portion of the income of this Trust, shall be or be able to be used to provide basic food, clothing and shelter for LOREDA (nor be able to be converted for such ~ ~ ...... ~ items) but rather to provide LOREDA which extra and supplemental care, maintenance, comfort, happiness and education in addition to and over and above her basic support. To this end, the Trustees may provide such resources and experiences as will contribute to and make LOREDA's life as pleasant, comfortable and happy as is feasible. Nothing herein shall preclude the Trustees from purchasing those services and items which promote LOREDA's happiness, welfare and development, including, but not limited to, vacation and recreation trips away from places of residence, expenses for traveling companions if 4 requested or necessary, entertainment expenses, supplemental medical and dental expenses, social services expenses, transportation costs, private room, telephone and television services, a mechanical bed, an electric wheelchair, personal care services, and the like. 5. During LOREDA's life should the existence of this Trust disqualify her from eligibility for substantial governmental or private aid or benefits or services or should any interest of LOREDA hereunder in the principal while undistributed and in the possession of the Trustees be subject to attachment, execution, sequestration or reimbursement by any creditor, assignee, subrogee or provider of aid, benefits or services to or for LOREDA, then this Trust may, in the discretion of the Trustees, be ~ ~~ , terminated and the then remaining principal and any accumulated and undistributed income be distributed to those persons (other than LOREDA) who would be entitled to LOREDA's share of my estate pursuant to the provisions of ITEM VIII of my will had LOREDA predeceased me. This is because it is my intention in executing this Trust to provide for the comfort and happiness of LOREDA without interfering with, reducing or disqualifying her from aid, benefits or services she would otherwise be entitled to and to maximize the ultimate distributive shares for all 5 of my ultimate beneficiaries. Testator does hereby specially waive, renounce and disclaim any rights which he, his heirs and assigns, and any other person or entity may otherwise have to seek invasion of the assets of this Trust pursuant to any statute of any jurisdiction. 6. Upon the death of LOREDA, this Trust shall terminate and all principal and any accumulated and undistributed income shall be added to and distributed, as a part of the Trust created pursuant to the provisions of ITEM VIII of this my will. ITEM VI: I give and bequeath all of my tangible personal property (not including cash or securities and not including any tangible personal property utilized by me in any business, including farming, and not including any items bequeathed above) including, without limitation, personal effects, household furniture and furnishings, automobiles, and the like, together with any policies of insurance in effect at the time of my death applicable thereto, including any prepaid premiums thereon, to my wife, EDNA M. GUTSHALL, if she survives me by thirty (30) days. Should my wife, EDNA M. GUTSHALL, predecease me or die on or before the thirtieth day following my death, I bequeath such tangible personalty and the insurance thereon as constitute household goods and furniture and furnishings in my residence to my son, David, if he survives, and the balance, if any, to such 6 of my children as are living on the thirty-first day after my death to be divided among them by my executor as nearly as possible in equal shares in such manner as they may agree upon or, failing agreement for any reason whatsoever, then in such manner as my executor shall determine, giving due regard for their personal preferences. I hereby direct that the costs of moving, shipping or otherwise transporting any such items bequeathed hereunder or in accordance with ITEM II above shall be paid by my Executors as a part of the cost of administration of my estate. ITEM VII: If my wife, EDNA M. GUTSHALL, survives me (and I direct that for the purpose of this ITEM of my will she shall be deemed to have survived me unless it appears unmistakably ~ that she predeceased me), and if the Federal Estate Tax due because of my death will be reduced by making this gift for her ^ benefit, I devise and bequeath to my trustee (s) hereinafter named as trustee(s) of a separate trust for my wife's benefit, IN TRUST, the least amount (based upon values as finally determined for Federal Estate Tax purposes) as shall be needed for the Federal Estate Tax unlimited marital deduction to reduce the Federal Estate Tax to its lowest possible figure after full use of all other deductions and credits allowable in calculating the Federal Estate Tax, except that such amount shall be calculated without regard to the augmenting of my taxable estate 7 ~ ~ by reason of generation-skipping transfers and without regard for any credit for state death taxes that would not otherwise be payable. Accordingly, I direct that: A. The amount of this gift shall be undiminished by any income, estate, succession, legacy, death, inheritance, or any generation-skipping tax or any interest or penal ties thereon. B. The amount of this gift shall take into consideration the value of any property, including property or interests in property under those provisions of this will, by rights of survivorship, by operation of law, by insurance, annuity, or endowment contract or otherwise, which my wife, EDNA M. GUTSHALL, has received prior to my death or at my death will receive other than pursuant to this ITEM VII, which is includable in my gross estate for Federal Estate Tax purposes and with respect to which the marital deduction or any similar benefit is allowable. c. The amount of this gift shall also take into consideration the use of any deductions (other than the marital deduction), exclusions, exemptions or credits available to reduce the Federal Estate Tax to the lowest possible figure. D. No property ineligible for the marital deduction, or any similar benefit, shall be distributed to this gift for 8 my wife, EDNA M. GUTSHALL, pursuant to this ITEM VII. E. Either cash or investments or both may be allocated to the gift under this ITEM VII. F. Any property allocated under this ITEM VII in kind shall be valued at the value at which it is finally included in my gross estate for Federal Estate Tax purposes, provided that the aggregate market value thereof on the date of allocation (plus the value as finally determined for Federal Estate Tax purposes of all other property qualifying for the marital deduction) is at least equal to the dollar value of the marital deduction as finally determined for Federal Estate Tax purposes. G. My wife, EDNA M. GUTSHALL, shall be paid the entire net income from the principal in such periodic installments as my trustee shall find convenient, but at least as often as quarterannually. H. My wife, EDNA M. GUTSHALL, is hereby given power to appoint by will to her estate or to others, in such manner and for such estates as she may appoint, exercisable only by specific r~ference by her alone and in all events over the principal of this trust. I. My wife, EDNA M. GUTSHALL, is hereby given a power to appoint from time to time during her lifetime, to any of my then living issue, either outright or in trust, such amounts 9 of the principal of this trust as she in her sole discretion shall designate by written instrument delivered to my trustee during her lifetime with specific reference hereto. J. As much of the principal of this trust as my trustee may from time to time, in its discretion, think advisable for the support of my wife, EDNA M. GUTSHALL, and for the protection and preservation of her property or during illness or emergency shall be either paid to her or else applied directly for her benefit by my trustee. K. If my wife, EDNA M. GUTSHALL, shall fail, either wholly or in part, to exercise effectively the power of appointment created in either paragraph H. or I. hereof, the unappointed principal shall be added to, and thereafter treated as part of, the principal of my residuary estate passing under ITEM VIII hereof. L. If any provision of my will shall result in depriving my estate of the marital deduction for Federal Estate Tax purposes, such provision is hereby revoked and my will shall be read as if any portion thereof inconsistent with allowance of the marital deduction for Federal Estate Tax purposes is null and void. ITEM VIII: I devise and bequeath the residue of my estate of every nature and wherever situate, including property over which I shall have any power of appointment other than any such power given to me in any will or intervivos trust of my wife, 10 ~ ~ EDNA M. GUTSHALL, to my trustee hereinafter named, IN TRUST, for the following uses and purposes: A. To pay the net income therefrom to my wife, EDNA M. GUTSHALL, for and during her lifetime. B. As much of the principal of this trust as my trustee in its sole discretion may from time to time think advisable for the support of my wife, EDNA M. GUTSHALL, and for the protection and preservation of her property or for the support and education of my children or grandchildren, (including education, college both graduate and undergraduate), or during illness or emergency, shall either be paid to her or them or else applied directly for her or their benefit by my trustee after taking into account her or their other readily available assets and sources of income. c. My trustee may apply the net income of this trust for the support of my wife, EDNA M. GUTSHALL, should she by reason of age, illness or any other cause in the opinion of my trustee be incapable of disbursing it. D. In addition to the above provisions, my wife, EDNA M. GUTSHALL, shall have the power to direct my trustee to pay to her or to apply out of principal in each year including the year of my death and the year of her death an amount not in excess of the greater of Five Thousand ($5,000.00) Dollars or Five (5%) percent of the then aggregate value of 11 ~ the trust principal. This power is noncumulative and can be exercised only by an instrument in writing intended to take effect during her life, signed by my wife, EDNA M. GUTSHALL, and delivered to the trustee. E. Upon the death of my wife, EDNA M. GUTSHALL, or upon my death if she should predecease me, the then remaining principal and any undistributed income shall be distributed as follows: 1. One half (\) thereof, but not less than One Hundred Twenty-five Thousand Dollars ($125,000.00), nor more than Two Hundred Thousand Dollars ($200,000.00), shall be divided equally among my five daughters, BARBARA A. CLINE, MARGARETTTE C. GILLIAM, NENA E. CHAPMAN, ANNETTE L. GUTSHALL and SANDRA L. GUTSHALL, in equal shares, per stirpes. Should any of my daughters predecease the survivor of my wife and me, but leaving issue who do so survive, then that issue shall receive, per stirpes, the share that such predeceased child would have received had she so survived. The share for any daughter who shall predecease the survivor of my wife and me, and who shall leave no issue shall lapse and be added to the shares of those of my daughters who do so survive or those who have predeceased but left issue who do so survive, per stirpes. 2. The remainder thereof to my two sons, ELWOOD R. 12 GUTSHALL, JR. and DAVID W. GUTSHALL, in equal shares. Should one (either one) of my two sons predecease the survivor of my wife and me, but leaving issue who so survive, the issue of such predeceased son shall receive, per stirpes, a sum equal to the sum payable to each of my daughters pursuant to Paragraph E. 1. above, and the remainder shall be distributed to my surviving son. 3. If at the death of the survivor of me and my wife, both of my sons, ELWOOD R. GUTSHALL, JR. and DAVID W. GUTSHALL, shall be deceased, then all of the assets distributable under this Paragraph E, shall be distributable to such of my issue, per stirpes, who shall be living at the time of the death of the survivor of my wife and me, subject to the possible continuing trust as is specified in Paragraph E.4, below. 4. If any person entitled to receive a distribution hereunder shall not have attained the age of thirty (30) years then such share or distribution shall be held by my Trustee in a separate and continuing trust to be administered and distributed in accordance with the provisions hereinafter set forth. a. During the minority of each such person, my Trustee shall distribute so much of the net income and principal of the trust to or for the benefit of such 13 person as my Trustees in their sole discretion shall deem advisable for the support, education and health of such person and for the protection and preservation of his property. Any income not so distributed shall be accumulated, invested, administered and distributed as a part of the principal. b. Upon such person's attaining the age of eighteen (18) years or upon the death of the survivor of my wife, EDNA M. GUTSHALL, and me if such person shall then be over the age of eighteen (18) years, my trustee shall distribute the net income of such person's trust to him or for his benefit during his life. Such person shall be entitled, during his lifetime, to withdraw sums of ~ , ~ principal from his trust in accordance with the following formula: (1) At any time after attaining the age of twenty-five (25) years and prior to attaining the age of thirty (30) years, such sums as shall not exceed one half (1/2) of the market value of the principal as constituted on his twenty-fifth (25th) birthday or on the creation of his separate trust, whichever shall last occur; (2) At any time after attaining the age of thirty (30) years, any and all principal remaining. 14 , I (3) Upon the death of any person, his trust shall terminate and the then remaining principal shall be distributed, per stirpes, to his then living issue, or, if there shall be no such issue, to my then living issue, per stirpes. F. To my two sons, ELWOOD R. GUTSHALL, JR. and DAVID W. GUTSHALL, or the survivor of them, I grant the first option to purchase any or all of the farm real estate owned by me or my trustees (either solely or as a co-tenant, including undivided fractional interests) at the time of my death, the purchase price to be the lesser of the fair market value of such real estate determined by appraisal (which appraisal shall exclude from such value any leasehold improvements made upon the farm real estate by my sons or either of them) or the value at which the farm real estate is included in my gross estate for Federal Estate Tax purposes (or included in my estate for Pennsylvania Inheritance Tax purposes if there be no Federal Estate Tax inclusion) but not less than the sum of One Hundred Seventy-Five Thousand Dollars. The purchase price of such real estate shall be payable upon such terms and at such interest rate and collaterally secured in such manner as may be from time to time determined by my Executors and Trustee(s) to be reasonable, giving due consideration to such circumstances as the amount 15 of principal, the prevailing interest rates in the agricultural business community for both borrowing and investing, the state of the economy in general and in respect to farming in particular, and the ability of my sons to pay the price and interest, provided, however, that such terms should require the payment of a proportionate part of the price upon the sale by them of any of the real estate to any unrelated third party. until the purchase price is paid in full, the trust herein established may continue and the trustee(s) shall distribute to the beneficiaries so much of the income and principal as is from time to time received and available for distribution free of trust except as provided to the contrary in sub-paragraph E.4 above. ITEM IX: I appoint his or her parent or guardian and FARMERS TRUST COMPANY of CARLISLE, PA, Guardian of any property which passes outright either under this will or otherwise to a minor and with respect to which I am authorized to appoint a Guardian and have not otherwise specifically done so, provided that this appointment of a Guardian shall not supersede the right of any fiduciary in its discretion to distribute a share where possible to the minor or to another for the minor's benefit. Such Guardian shall have the power to use principal as well as income from time to time for the minor's support and education (including secondary, college education, both graduate 16 and undergraduate, professional and other education) without regard to his or her parent's ability to provide for such support and education, or to make payment for these purposes, without further responsibility to the minor or to the minor's parent or to any person taking care of the minor. ITEM X: All Federal, state and other death taxes payable because of my death (but not including any increase in federal estate tax resulting from excess retirement accumulation under section 4981(d) of the Internal Revenue Code and not including any generation-skipping transfer tax for which I may be liable as transferor under section 2603(a) (3) of the Internal Revenue Code), with respect to the property forming my gross estate for tax purposes, whether or not passing under this Will, including any interest or penalty imposed in connection with such tax, shall be considered a part of the expense of the administration of my estate and shall be paid out of that portion of my residuary estate under ITEM VIII, without apportionment or right of reimbursement. I direct that any increase in Federal Estate Tax resulting from application of Section 4981(d) of the Internal Revenue Code be paid by the recipient of such distribution and I direct that any generation-skipping transfer tax for which I may otherwise be liable be paid from the property constituting such transfer. In addition to other powers vested in my Executor(s) by law or other provisions of my 17 Will, I hereby authorize and empower my Executor(s) to (1) allocate any of my unused federal generation-skipping transfer tax exemption to any property of which I am the transferor for the purposes of such tax (whether or not passing under this will); (2) exclude any such property from any such allocation; and (3) make any related election, all as they in their sole and conclusive discretion deems most advantageous and equitable. I direct that no party in interest to the transfer of any such property shall have any claim against my Executor(s) or my estate or any claim for equitable reimbursement or any other cause. ITEM XI: My Executors, Trustees and Guardians, whether masculine, feminine, corporate, singular or plural, (herein sometimes referred to as "fiduciaries" or "fiduciary") shall have the following powers in addition to those vested in them by law and by other provisions of my will applicable to all property, whether principal or income, including property held for minors, exercisable without court approval, and effective until actual distribution of all property: A. Any fiduciary hereunder may renounce or resign at any time with or without cause. B. No fiduciary shall be required to file bond, execute any instrument appointing anyone to accept service of process, or file inventories or accounts of any kind, except as ordered to do so by a court of competent jurisdiction or 18 release of such requirements by a testator. c. If there is no corporate fiduciary acting hereunder, my Executor or Trustee may designate a corporation (regardless of where organized or headquartered) with fiduciary powers to act as agent or custodian hereunder, may delegate to it such duties as may be appropriate (including investment recommendation duties), may pay to it reasonable compensation for its services, and may discharge it with or without cause. D. To retain any or all of the assets of my estate, real or personal, including stock of any corporate fiduciary, without regard to any principal of diversification or risk. E. To invest in all forms of property, including stock, common trust funds, and mortgage investment funds whether operated by my fiduciary or others, without restriction to investments authorized for Pennsylvania Fiduciaries, as they deem proper, without regard to any principle of diversification or risk. F. To sell at pUblic or private sale, to exchange, or to lease for any period of time, any real or personal property and to give options for sales, exchanges or leases, for such prices and upon such terms or conditions as they deem proper. G. To allocate receipts and expenses to principal or 19 income or partly to each as they from time to time think proper in their sole discretion, but in no event shall the income of the marital deduction trust be reduced by the exercise of this power. H. To borrow from or to sell to my Trustee even though such Trustee may be my Executor. I. To cause the title to any property held hereunder to stand in the name of a nominee or nominees. J . To repair, al ter or improve any real or personal property; to borrow money, including the right to borrow money from any fiduciary hereunder, and to pledge, mortgage, or create a security interest in any property held by them as security therefor, and to make loans, secured or unsecured, for such purposes and upon such terms and conditions as they may deem advisable, including loans to my estate, with or without interest, for any purpose whatsoever, and to exercise options of any kind. K. To subscribe for or to exercise options for stocks, bonds or other investments; to join in any plan of lease, mortgage, merger, consolidation, reorganization, foreclosure or voting Trust and to deposit securities thereunder; to vote securities in person or by proxy, in such connection to delegate discretionary powers; and generally to exercise all the rights of security holders or employees of any 20 corporation. L. To compromise, submit to arbitration or release any claim of my estate or any Trust hereunder against others and to pay, compromise, or submit to arbitration any claim of others against my estate or any Trust hereunder. M. To exercise any law-given option to pay death taxes in installments, the payment of interest due on such installments to be a charge against principal. N. To exercise any law-given option to treat administrative expenses either as income tax or as estate tax deductions, without regard to whether the expenses were paid from principal or income, without regard to whether the size of the marital deduction share created in ITEM VII hereof will be increased thereby, and without requiring reimbursement. o. To receive other property of any type acceptable to the Trustee, including, but not in way of limitation, life insurance proceeds, which may be devised, bequeathed, assigned, granted, conveyed or made payable to the Trustee by any other person, to be added to and administered in accordance with the then applicable provisions of the Trust or Trusts hereunder; provided, however, if more than one Trust is then being administered hereunder, such other person may specify, in the instrument of transfer, among 21 , \ which Trusts, and in what proportions such property shall be allocated. P. To treat the entire trust estate as a common fund for the purpose of investment, notwithstanding any provision herein for division thereof into shares or separate Trusts. Q. Any Trust beneficiary will have the right at reasonable times to request of and receive from the Trustee a complete written accounting of such matters pertaining to the administration of the Trust as are pertinent to that benef iciary . In the Trustee's discretion, income tax returns of the Trust and other relevant information may be used to satisfy such request. R. In making distribution of my estate, my Executor (and in making distribution of any Trust, my Trustee) is hereby granted the power to make non-prorata distribution of assets in kind. s. My Trustee in addition to other powers granted shall have the authority to purchase life insurance on the lives of any or all beneficiaries of the Trust. In addition, specific authority or power is granted to pay premiums on existing policies as well as those purchased after the creation of the Trust even though said policies may not be owned by or payable to the Trustee as beneficiary. Premiums may be paid from the income of the Trust estate or, if 22 necessary, from principal. T. Should the principal of any Trust herein provided for be or become so small that, in the Trustee's discretion, establishment or continuance of Trust is inadvisable, my Trustee or my personal representative may make immediate distribution of the then remaining principal and any accumulated or undistributed income outright to the person or persons and in the proportions they are then entitled to. If any such person is then a minor, distribution may be made to that person's guardian, or to a person selected by the Trustee to be custodian for such person until the age of twenty-one (21) years under the Pennsylvania Uniform Gifts to Minors Act. U. My fiduciaries, generally, shall have full power and authority to exercise all rights and privileges appurtenant to any property held by my fiduciaries, and to execute and deliver any and all instruments which may be necessary or expedient in the exercise of the powers granted herein; provided, however, that no Trustee hereunder shall have any power in the administration of the Trust created under ITEM VII hereof which would in any way disqualify that Trust for the purposes of' the marital deduction afforded by the Federal Estate Tax Laws. V. The situs of any Trust created hereunder shall be in 23 ~ ~ , , the County of Cumberland, and state of Pennsylvania, and all questions pertaining to the construction or validity of the provisions of this instrument shall be governed by the laws of that state. Despite the foregoing, the Trustee may, at any time and from time to time, change the situs of any Trust created hereunder as the Trustee in his sole discretion deems desirable for the benefit or security of this Trust. The Trustee may elect (or decline to elect) the law of a different jurisdiction and thereafter the court of such other jurisdiction shall have the power to effectuate the purposes of this instrument to such extent. The Trustee may change the situs of any Trust created hereunder, and may change the situs of one Trust without changing the situs of other Trusts created hereunder. This is a continuing power which will not be exhausted by its use. The determination of the Trustee as to the change of situs shall be conclusive and binding on all persons interested or claiming to be interested in any Trust hereunder. W: If there are co-fiduciaries serving hereunder, they may delegate any and all management duties and responsibilities to one of them. My co-fiduciaries may, for example, designate one of them to maintain a bank account or accounts, and in that instance the signature of only that fiduciary shall be required to open and maintain such 24 . . account, to deposit funds to such account and to write checks on such account. X: The individual fiduciaries shall have jointly with the corporate fiduciary all the powers given to the fiduciaries. Y: In the event of any disagreement between or among my fiduciaries, the decision of a majority of my fiduciaries shall control. No fiduciary shall be liable for any loss resulting from a decision in which that fiduciary did not join. z: It will be sufficient authority for any person to deal with any successor or substitute fiduciary if the successor delivers to that person a signed written statement that the predecessor fiduciary is either deceased, has resigned or is because of some disability unable to act or continue to act and that he or she is the duly appointed successor fiduciary. Such authority will remain in effect until such time (if any) that the predecessor fiduciary gives written notice that it is no longer effective. During the interim, acts taken pursuant to such authority will be valid as if taken by or with the predecessor fiduciary directly. AA. In establishing the inability of a fiduciary to act or continue to act hereunder, the statements of two licensed doctors of medicine shall be sufficient to establish such incapacity and third persons are protected 25 , , ~ ~ in relying upon such statements without any further act or notice. No further act on the part of any party hereto or of any court shall be necessary to vest in a successor fiduciary the fiduciary powers and duties in the supervision and management of the trust and/or estate. BB. To continue the operation of any business in which I may be interested or engaged at the time of my death (regardless of the form or organization of any such business, whether the same be a sole proprietorship, a partnership or a corporation in which I own all or a substantial portion of the stock and including any farming business and the rental of farm land which I may own, either solely or as a co-tenant, including undivided fractional interests), which business or an interest in which shall be received by my fiduciary, subject to the terms of any agreement I may have made for the sale of such business or interest or any assets thereof, until such time as my respective fiduciaries deem it advisable to sell, liquidate or distribute the same in kind. My fiduciaries shall have all the rights and powers in connection with such business as I had when living, including by way of example and not limitation the powers to operate or join in the operation thereof as a going concern, the right to change the form of any such business 26 . I by the reorganization or incorporation thereof, or the formation or re-formation of a general or limited partnership with respect thereto, and also including the right to invest in any business or make agreements for the utilization in any business or lease to or in conjunction with any business the property of my estate or any trust hereunder for such periods of time and upon such terms and conditions and to liquidate or sell the same or any part thereof, all as my respective fiduciaries shall deem advisable for the best interests of my estate and of the beneficiaries thereof, without any liability for loss resulting from the operation of such business except where such loss is the result of gross negligence or fraud on the part of the particular fiduciary. cc. In connection with the continued operation of any business, my fiduciaries shall be entitled to receive such additional compensation as may be commensurate therewith. My fiduciaries are specifically authorized and empowered to engage the services of such persons as may be reasonable necessary or desirable to provide legal, accounting and business management expertise to or for said business and to engage employees and agents therefor and to agree for the compensation of said persons in addition to the additional compensation of my respective 27 ITEM XII: I appoint my accountant, SUSAN BEIDEL, my attorney, HAMILTON C. DAVIS, and FARMERS TRUST COMPANY of CARLISLE, PA, Executors of this my Last will. ITEM XIII: I appoint my accountant, SUSAN BEIDEL, my attorney, HAMILTON C. DAVIS, and FARMERS TRUST COMPANY, Trustees of any trusts created by this my Last will. ITEM XIV: I direct that my Executors, Trustees or Guardians or their successors shall not be required to give bond for the faithful performance of their duties in any jurisdiction. ITEM XV: My corporate fiduciary shall be entitled to compensation based upon its regular schedule of fees for such services in effect from time to time during the period over which its services are performed. ITEM XVI: My individual fiduciary shall be entitled to reasonable compensation for his or her services rendered from time to time unless different compensation has been provided for in a separate letter of agreement. ITEM XVII: I specifically give unto my Attorney, HAMILTON C. DAVIS, ESQUIRE, or should he be unable or unwilling to act, my accountant, SUSAN BEIDEL, as the case may be, in his or her sole discretion, the right and authority to revoke the appointment of any corporate fiduciary designated in my will or in any Codicil thereto, provided that he or she simultaneously appoint 'a substitute corporate fiduciary. 29 ,- i fiduciaries provided for above. DO. If the assets of any Trust hereunder consist of any interest in residential real estate, whether it be a full fee interest; a leasehold interest; a fractional interest; a life tenancy or a remainder interest; the right to income from such trust shall include the right to possession of such residential real estate (and if the income beneficiary is my wife, she shall have the right to share that possession with such other members of my family as she shall determine). The costs of obtaining, maintaining, insuring, repairing and/or replacing such real estate shall be considered appropriate costs to be paid by Trustees and shall be allocated to income or principal in accordance with the character of the cost paid. Should my wife be residing on a permanent basis (temporary absences for vacations and the like not considered) in such residence, Trustee shall consult with my wife prior to sale or other disposition of such residential real estate, and shall not dispose of such residential real estate without the consent of my wife or her agreement concerning a substitute or replacement residence. Trustee is authorized to execute and deliver such Deeds, assignments or other documents as may be necessary and desirable to effectuate the transfer of ownership of any interest in any real estate. 28 , \ .. . ITEM XVIII: The interests of the beneficiaries hereunder shall not be subject to anticipation or to voluntary or involuntary alienation. IN WITNESS WHEREOF, I hereunto set my hand and seal to this my Last will and Testament,. written on thirty-one (31) sheets of paper, dated this 26'+:1 day of ):'e/DW'"c.'\e;tAy / ~!:!tL~ , 1993. ( SEAL) The preceding instrument, consisting of this and thirty (30) other typewritten pages, each identified by the signature or initials of the Testator, was on the day and date thereof signed, published and declared by the Testator therein named, as and for his Last Will, in the presence of us, who, at his request, in his presence, and in the presence of each other have subscribed our names as witnesses hereto. ~~ c4~ v residing at tJ €-U/v,. ~ J f:ite ./ ,jJ r: J o')()1.4, U. ~Ltj-,W/Ji-Ul~ residing at I (I S), ffX?lJ/r /;V:J ~ fA 30 i . ,. ", , , COMMONWEALTH OF PENNSYLVANIA SSe COUNTY OF CUMBERLAND I, ELWOOD R. GUTSHALL, SR., the Testator whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my Last Will; and that I signed it willingly and as my free and voluntary act for the purposes therein expressed. ~ 2. ~ f1 :fL EAL) ELWOOD R. GUTSHALL, R. Sworn to or affirmed and acknowledged before me by 5/ wjJlJ~ t? 6(,f,-Is/.~ fi;. the Testator, this ..2'+A. day of ~~-/r"'''--V , 1993. _._--~" -.........-.- t:-"" _ ~ I f.j'L; / VELDA M. 5t1\5E,' r'10{J.ry Public /. ) /' Shippensbur:5 Bom, Cumberland Co., Pa. VJ, , ~- My Commission Exp:res April 16, 1994 Notary Public COMMONWEALTH OF PENNSYLVANIA SSe COUNTY OF CUMBERLAND We, Hf/m/l.-T1J,J C. tJAtJ/S and /-DIS;J. 50,-L(:7J13Ct2-C~, the witnesses whose names are signed to the attached or foregoing instrument, being duly qualified according to law, do depose and say that we were present and saw the Testator sign and execute the instrument as his Last Will; that the Testator signed willingly and executed it as his free and voluntary act for the purposes therein expressed; that each subscribing witness in the hearing and sight of the Testator signed the will as a witness; and that to the best of our knowledge the Testator was at the time eighteen (18) or more years of age and of sound mind and under no constraint or un~ci' L ' &'7f~ Q /LA"kif1- Sworn to or affirmed and s~scribed to before me by ~i Ihl\('. LlIfA./".s and ~()j oS" ,4-. So//~ -r;~,,-, witnesses, this '&r/.. day o:c::;...-,Y' , 1993. U~" _ Public NOTl\R1AL SEAL VElD/\ Nt SEASE, Notary Public SOfO, Cumberland Co., Pa. AF~n '^~'~.1~.I:~:~...J N6T~\RIAL;Ei~-'1 VELDA M. SEASE, Notary Public Shippensburg Boro, C.umb-erland Co., Pa. l My Cornmi5s!~n Expires April 16, 1994 31 _I _~_~~,~" INHERI~~~~~~~~ETURN L!l.., DEPAR~~~TZ~~~;VENUE RESIDENT DECEDENT i 21 0 I 1052 ________.H~~~~RG, P!-1!228:~1___._L.....___.____-_-__----.--___ _________---'_~olJ!'ITY _c()~___.'i'I:.I\~____t_llJMBE~___ ----oECED-ENT's-NAMEf[Asi~FfRSf~N[fMTDDrE INftTA:Li-- ~.~------------ ---~----._-----'--~.-.--50tlA[SECDRlfY-NOMBER~~--~--~ \ Gutshall, Elwood R. , 204-03-3372 ,DArrOFOEATF1(M~OO-YEAR)-------OATE ~81Rm(MM:orr-'i'EAR)~-----------i--THis-RETURN MusTsE FILED IN DUPLICATE WI'TH THE I (I~ ~~~;~~~~ SURVIVING SP5USE'SNAME-f~;:';~~:~~M1bDIEINITIAL) I SOCiAl SEC~;f~I~1~~R~_F WILLS IN/A, i 1181 x 1. Original Retum~----------OX2-:- SupPlemental Relum-- --- 0 X3, RemafnaerReturn[diileoTdeafnpnorto 12-=1:>-82)- lOX 4. Limited Estate 0 X 4a. Future Interest Compromise (date of death 0 x5. Federal Estate Tax Return Required I after 12-12-82) o X 6. Decedent Died Testate (Attach copy 0 X 7. Decedent Maintained a Living Trust (Attach of Will) copy of Trust) o X 9. Litigation Proceeds Received 0 X 10. Spousal Poverty Credit (date of death between I 12-31-91 and 1-1-95) 'tHfSSECTlON MUST BE COMPt.EtE[j;-ALl..CORI'iESPONtl~'ijCE;AND~Ot.lFI[)~XtA~ AME ,COMPLE I Hamilton C. Davis . FIRM NAME (If applicablej-- I I Zullinger - Davis, PC i :rELEPHONE N-iJMBER--~! ; 717/532-5713 I T ! 1. Real Estate (Schedule A) OFFICIAL USE ONLY REV - 1510 EX ... 11-60) ..&1 c; ~ ... Z III Q III (J III Q I&l ... ..:Srn oa:>c wa.o :cog olIO a. c( B. Total Number of Safe Deposit Boxes o X 11. Election to tax under Sec. 9113(A) (Attach Sch 0) ING ADDRESS .... rnz Ww a:Q "z 00 ua. 20 East Burd Street, Suite 6 P.O. Box 40 Shippensburg, PA 17257 526,010.00 .-- 363.80 OFfiCiAl USE ONLY (1 ) (2) (3) (4) 2. Stocks and Bonds (Schedule B) None None 3. Closely Held Corporation, Partnership or Sole-Proprietorship i ' 4. Mortgages & Notes Receivable (Schedule 0) 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) o "1Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G or L) 8. Total Gross Assets (total Lines 1-7) 9. Funeral Expenses & Administrative Costs (Schedule H) (5) 6,829.04 (6) None z o ;:: :3 ::> ... ii: c( (J w a: (7) -0- (8) 533,202.84 (9) 32,811.11 --- (10) 1,474.43 10. Debts of Decedent. Mortgage Liabilities, & Liens (Schedule I) 11. Total Deductions (total Lines 9 & 10) (11) 34,285.54 (12) 498,917.30 (13) 2,500.00 (14) 496,417.30 (15) -~--- (16) 21,188.18 --_._~~-- (17) 1,868.27 (18) 1,500.00 (19) 24,556.45 --------- 12. Net Value of Estate (Line 8 minus Line 11) 13. Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J) 14_ Net Value Subject to Tax (Line 12 minus Line 13) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES x .00 15.Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116(a)(1.2) 470,848.40 x .045 z o ;:: :! ::> a. :E o o S 16.Amount of Line 14 taxable at lineal rate 15,568.90 x .12 17.Amount of Line 14 taxable at sibling rate 18. Amount of Line 14 taxable at collateral rate 10,000.00 x .15 119_ Tax Due 120. 0 .CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. >> BE SURE TO ANSWER ALL QUESnONS ON REVERSE SIDE AND RECHECK MATH << 'V right 2000 form software only The Lackner Group, Inc. Form REV-1500 EX (Rev. 6-00) Decedent's Complete Address: STREET ADDRESS 1420 Center Road CTfy-----------N~wvill~---------.-~-------------stAfEpA-- . -ziP17241---~--- Tax Payments and Credits: 1. Tax Due (Page 1 line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1) 24,556.45 Total Credits (A + B + C) (2) 0.00 3. Interest/Penalty if applicable D. Interest E. Penalty A. Enter the interest on the tax due. B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (3) (4) (5) (SA) (5B) 0.00 Total Interest/Penalty (0 + E) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 1 Line 20 to request a refund 5. If Line 1 + Line 3 is greater than line 2, enter the difference. This is the TAX DUE. 24,556.45 24,556.45 Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred;............................................................................. 0 ~ b. retain the right to designate who shall use the property transferred or its income;................................. 0 ~ c. retain a reversionary interest; or............................................................................................................ 0 ~ d. receive the promise for life of either payments, benefits or care?......................................................... 0 ~ 2. If death occurred after December 12,1982, did decedent transfer property within one year of death without receiving adequate consideration?................................................................................................................. 0 ~ o ~ o ~ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. 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 properly which contains a beneficiary designation?............... .... ................. ................................................... ........................ Under penalties of pe~ury, I deClare that I have examined this return, including accompanying schedules and statements, and to the beslOt my knowledge and belief it is true. correct and complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. ADDRESS P.O. Box 40 Shippensburg, P A 17257 AODRESS ~~ l\REROTREI<TFQI;"REPRESENTi'i~--~AOORESS avis :~- 9388 MowersviIle Road Newburg, P A 17240 20 East Burd Street, Suite 6 P.O. Box 40 Shippensburg, P A 17257 For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3% [72 P.S. 99116 (a) (1.1) (i)l. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0% [72 P.S. ~9116 (a) (1.1) (ii)]. The statute does not 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 0% [72 P.S. ~9116 (a) (1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4,5%, except as noted in 72 P .S. ~9116 1.2) [72 P.S. ~9116 (a) (1)]. The tax rate imposed on the net value of transfers to odor the use of the decedent's siblings is 12% [72 P.S. ~9116 (a) (1.3)]. A sibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. . SCHEDULE A REAL ESTATE COMMONWEALTH OF PENNSYLVANIA INHERIT ANCE TAX RETURN RESIDENT DECEDENT I ----~- ---~-~--~-~--~--- 'I' F-'LENUMBE-R-- ---~---- 21 - 01 - 1052 I ESTATE OF Gutshall, Elwood R. 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 L neither being compelled to buy or sell both having reasonable knowledge of the relevant facts. Real property whicti is jointly-owned witn right of survivorship must tie disclosed on schedule F. ITEM NUMBER 1 DESCRIPTION VALUE AT DATE OF DEATH An undIvided one-half (1/2) interest as Tenant-in Common, by'virture of the deed dated December 30, 1992 and recorded in Deed Book "B", Volume 36, Page 772, in the following identified parcels of farmlresidential real estate, situated in Lower Miffiilng Township, Cumberland County, Pennsylvania. See attached copy of Deed. See also attached copy of Appraisal (full fair market value) of Ebener and Associates upon which appraisal the values reported herein are based. 2 Property #1. Tax Parcel 15-05-04I3-01O House and Lot Full Value $80.000.00. Undivided 1/2 interest as Tenants in Common $40,000.00 less 25% reduction for lack of marketability and minority discounts. 30,000.00 3 Property #2. Tax Parcel 15-05-0413-012 House and Lot Full Value $50.000.00. Undivided 1/2 interest as Tenants in Common $25,000.00 less 25% reduction for lack of marketability and minority discounts. 18,750.00 4 Property #3. Tax Parcel 15-06-0035-001 House and Lot Full Value $60.000.00. Undivided 1/2 interest as Tenants in Common $30,000.00 less 25% reduction for lack of marketability and minority discounts. 22,500.00 5 Property #4. Tax Parcel 15-05-04I3-010 Residue Full Value $422,000.00. Undivided 1/2 interest as Tenants in Common $221,000.00 less 25% reduction for lack of marketability and minority discounts. 165,750.00 6 Property #5. Tax Parcel 15-05-04I3-012 Residue Full Value $218,850.00. Undivided 1/2 interest as Tenants in Common $109,425.00 less 25% reduction for lack of marketability and minority discounts. 82,069.00 7 Property #6. Tax Parcel 15-06-0035-001 Residue Full Value $216,500.00. Undivided 1/2 interest as Tenants in Common $108,250.00 less 25% reduction for lack of marketability and minority discounts. 81,188.00 8 Property #7. Tax Parcel 15-06-0035-006 Residue Full Value $335,340.00 Undivided 1/2 interest as Tenants in Common $167,670.00 less 25% reduction for lack of marketability and minority discounts. 125,753.00 9 See attached copy of documentation letter concerning discount. TOTAL {Also enter on Line 1, Recapitulation) 526,OIO.itO G- [,A \> 1M- L-l- ~5-;-A\E GEORGE L. EBENER & ASSOCIATES REALTOR UPDATE APPRAISAL OF ELWOOD R. GUTSHALL, SR. PROPERTIES LOCATED AT 1420 CENTER ROAD NEWVILLE PENNSYLVANIA 17241 FOR HAMILTON C. DAVIS, ESQ. P.O. bOX 40 SHIPPENSBURG PENNSYLVANIA 17257 AS OF NOVEMBER 2, 2001 BY GEORGE L. EBENER 85 CHARLES L. WENGER, GRI 139 W. HIGH STREET CARLISLE, PA 17013 PROPERTY NO. 1 "HOME FARM" Parcel * 15-05-0413-010 is recorded in Deed Book "B" Volume 36 page 772 and is referred to Tract No.4 and being parcels "A" & lOB" having a total of 198.9 acres and assessed @ $377,000. for Taxation purposes. Known as the "Home Farm", it consists of 136 acres in cropland, 25 acres in pasture and 30 acres of woodland. The remaining acreage is used for the dwelling, dairy facilities, machine buildings, feed storage and land ownership going to the center of the highway. Location of the property is on the south side of Center Road (S.R. 4008) HOUSE & LOT RESIDUE $ 80,000.00 $422,000.00 PROPERTY NO.2 "NELSON FARM" Parcel * 15-05-0413-012 is recorded in Deed Book "B" Volume 36 page 775 as Tract No.3 and has 123 acres mIl and assessed at $134,820. for tax purposes. This tract is located directly across from the "Home Farm" on the North side of Center Road (S.R. 4008) with road frontage of approximately 2000'. 100 cropland acres and pasture and woodland acreage of 20. HOUSE & LOT RESIDUE $ 50,000.00 $218,850.00 PROPERTY NO.3 "WEAST FARJ4" Parcel 41 15-06-0035-001 is recorded in Deed Book "B" Volume 36 page 772 and referred to as Tract No.1 having approximately 143 acres with an assessment of $101,280. for purposes of taxation. Cropland of 80 acres and pasture and woodland 60 acres. Location of the property fronts on the south side of Center Road and the west side of T-401 and is contiguous on the east side of Property No. 1. HOUSE & LOT RESIDUE $ 60,000.00 $216,500.00 1 Properties Continued PROPERTY NO.4 "COHICK FARM" Parcel t# 15-06-0035-006 is recorded in Deed Book "B" Volume 36 page 773 and is tract no. 3, having approximately 206 acres with an assessment of $64,140. for tax purposes. It fronts along the east/west and north side of Asper Road (T-380). The acreage consists of 120 crop acres and 84 pasture and wooded acres. NO RESIDENCE THREE HUNDRED TffiRTY-FIVE THOUSAND THREE HUNDRED FORTY DOLLARS $335,340.00 All of these farms are located in the Township of Lower Mimin, Cumberland County, Pennsylvania and all of the properties have road frontage of 2000' or more. The county has a program known as "Act 319" knoWD as "CLEAN. GREEN" ( A REDUCTION IN THE TAXATION VALUE OF THE LAND). Deed Book 177 pages 993-1005 records that all of these properties have been enrolled in ACT 319 in. the Cumberland County Courthouse, Carlisle, Pennsylvania. 2 PHOTOGRAPHS OF SU8JECT PROFERT'-( ,-;-; -J- h~r;~' 1,/ ( , A ' , /J" L. / Pi I 1!f'5/cA" nC2-lC- {IF ,I 1/ /I C"-l'r7 ~ ~ ,/ / a t'I~1 /l~"L/e/Y{ lJ,er !) (I/) / (-- PHOTOGRAPHS of SUBJECT PROPERTY ~', ~;_:-, " ''--~-- ;,-';_ '" _'-"5:' ::::,._-,-;\!,....:,-,::,:~t>1i-:_:,~!'!:!z,.>&,>i:.,:~:tir$;:t.;._~:/:-:- -';',",.:i!.'i;.. ~.'!!"J<_, ,.~,,,,1',>,...i:'~ Jdl.,j'~';,,",,,"<i.M..,_ ."',W..,~~. ~,~~~~iii::~,~.... ,-_.~ L. J./ ' li'z'to I/../ , I' A/,'1, ) (f / Ii 11 ['rr7 e. / ,,/ " ;al'fJ/ ; .;'/;"7 e- II d // I~ fi"'il') J /fji'(j;/JJci' 2J.~{J I J (! a III<=: 3c?t )-JI S ~JI L/l .5 /lc1-s i Z J . /) /; /J/ de/~ I 11 ~'-- ,5';t/<.'7tf e_ P, ~J / ' -L-J lri I/d/ I {; ';,- PHOTOGRAPHS of SUBJECT PROPERTY C~;;;r.=t; )~. 2 , J ~ i i /2/e IS' c' O"} L ./ If {arJJI / . ~/c L'ehf Ik I 'J {7 (:' / r:- PHOTOGRAPHS of SUBJECT PROPERTY "j -/.. 1. / :: 1/ /. ~, 1;': !.J e/"- r / ~ -.' ( ,I \ ~ Z; C/€tl .-; / V,,/ ,r/ ( ;-- / I ~ r /J1 / I J ;'_ /lj,i.'~ HI i? CI ) (J/i / PHOTOGRAPHS of SUBJECT PROPERTY ..--'j L ff~ P ;i-/)/ / /V:~.. / /f r'-,' I , I If / 1(1; (I.' /1.:/1 / L. t' II..:.., .,./ " r;~ r J'J'1 J I AI/ . -,. ~-'/" /~"t'f:;'h!l- "C" /l- (J{J I lYIUIFIt'AIJON AN/) STATEI\IENT 01" LJl\llTIN(; CONIJJTlONS I"',n I 11,1\',\1 II IN; 'Jill: /\f'III;lisl'll'cllilics ;IIIU agrcc,~ ,h:I(: I I Ill' ,\",',aiq'r lr:IS 1111 f"c.':rlll (II l'III1ICIlIl'/:rlCt! fllllllC illfercsl ill Ihe plllpclly :IPl'raised; a III I l1l:illicI IIIC cllIploY/llClIl III III;d,\' III\" :II'I'I:,i':al. 11111 thc rlloll'cII':iliuII Jill il. i~; C{mlillgclIl UpOll 'hc :IpPlaiscd valllc or Ihc plOpClly, 1 I h,' I\I'I1l:li"t'l lias 1111 1""':1111:11 illlclcsl ill I" Ilias wi(1I Icspecl 10 I/le sllhjccl III:lllcr or Ihe applai~al IcpOlI Ilr Ihe P:lIlici'- 1':1111" III Ihr ';:11,' "lie "E:;lillla!\' of l\1arkcl \';lIu(" ill lhe applaisal ICpUlt is 1I0t hased ill whole or ill pall "1'0/1 rllc racc. (oJor. 111 /1:11 illll:d III ;/.';11 III IIIL' 1"I I,':I'L'LI ;\T \111'11\'/ s or \lCUlpall15 of thc pltll'erty aplll ai5ed. or "1'011 the l:I(e, (olm ur 1I:1liollaJ uligill ," II", ,',<"nll 1111 /WIS III tllTup:lllr': 1I11lie IlIlIp(,lic.'; ill llie vicillily of Ihe IlIopelty :tI'Plaiscd, .I, I hL' '\I'I'lai':rl 11:1.': PCI::"":"')' ill.';pcclcd 11Ie plPpcd)', bolll illside ;llId lIul. alld '1<15 IlIadc all e.\(cliur il1sl'cctiLln uf all tllllll':Il:llok ';;d,"; li~;ll:d ill Illc ICJlIll1. '/i, llie be"r or Ihe ^ppralser's kllowledge ;llId belier. a/l slalclllel1ls alld ill!illlll:ltioll ill ll,j~: Ifl'''ll ;lIe Illle alld c""crl, "lid '"c ^ppraiscllias IIvl kllowillgly willlllcld all)' sigl1ilic:1lI1 illfilllll:lrioll, .1 ^" \'lIl1li"~CIlI and lill\ilili~ (lIlldilitlllS ;lIe cOlllailled hereill (illlpuscd oy lhc (CIIIIS uf Ihe ;1.~siglllllcIII \II uy lire ulldel- ~i~lIrd :dll'l'lilll! (lIr all;"YSI.'S. Ppillilllls. and cunclusioll5 cOIIlainctI ill IlIe repoll). '; /llis al',>,a;:;:" 1L'fllllr h:l~ bern lJIade ill UlllrOllllily wilh alld is subjcct lu Ihc leljllilClllcnts or the Cm.h: ur I'mressiOlwl Fllrir< :Jlld SI:Jlld:llds III' 1'f(l/C,SSillll;d Conducl ur lire appraisal 01 g;lIlizaliulIS wilh which lite Appl:li5Cr is aflilialcd. h, 1\/1 rC>IIr11f:;JIlI1,S :111\'/ c>pil1iolls CIlllcclllillg lire leal csl:Jlc Ilml me scl rOlllr ill Ihc :lppl:lis:11 ICl'orl IYCIC plepared hy lhe t\/,pl"i~;CI II/III';C si/!""llJ/e appears Oil Ihe ;Ipplai:;al reporl, ullless illlJiculcu as "J{eview ^ppl<Jiser." No dlangc or allY itcrll ill 11r(' ;','p,,,i';,,1 11'1'"11 slrall hc lIIade hy allyolle ollrer llt;111 Ihe ^PI"aiscr, :JIIt! Ihe Appraiser shall Ilavc IlU Icspoll~ibilily lur :I/IY SlIth \111:1lI1I1Plittd clrallgt:, ('(IN I /N( ;EN,. ,\NIJ Ui\I/T1N(; <..:ONIJITIUNS: Thc ccrlilieal;oll or Ihe AI'I"ai~er :lppC:llillg ill 'he al'l'la;sal/cI'OII is suhjt:d II' Ill\' 1.>111111 i/lr l'lIlHlilillllS alld 1(1 ~lIdl olla:r ~pccilic :llId lilldrillg CIIIIllilitlllS as ;lIe ~cl 'tllth hy Ihc ^ppmiscr ill Ihe 1l'1'f111. I, {Ill' 1\l'l'l:Ii,',\'I :I,~SlIlIl(S 1111 IC~:I'I'lIsiltilily li'r 1II:Jllers of;) Ieg:J1 1l:JIUIC ufrn:lillg Ille 1"l/pcII)' nl'pmiscd or lhe lillc Ihelc- Ip. 1111' "P\'S lite '\"II/:lisn 1(lIIln all)' UpilliulI as hI the lille, whkh is asslllllCll 10 be guml :HilI 1I1:lIkclahlc, Thc I'lol'el/y is :",,'l:li';r" a,' II" 'III!'I IIl1der lespllllsibfc (llI'lIcl.,h;I" ,~, /\/11' ,',,'t, II ill Ihe ICI'"11 111:1)' :;hIlIV ill'PIll.dlll:llc dilllCIIsiIJIIS lItll/ is illdll<Jcd 10 assisl lite leader ill viSIWIi7,illg Ihe IlIllp- 1'11,1, rIll' '\I'I'I:ri':!'/ has 11I;lde "" surrey nllhe IJlupcrfy, ,I IItt- '\JII":rh'l i,s IHII leqllired 1\1 gil'c IcSlilllOIlY or nl'pcar ill COUll UCC:IUSC of having lllallt: lhe npPlaisal IVilh lere/ellCC III JlI\' "/fI"L'II)' ill '1I1C~lirl/l. ulllcs.~ :J1I:Jllge/llclIls have bccll previously JlI:n./e IhClclur. ,I, ^")' distl i\1l1tiplI or tile I'alll:llillll ill Ihe ICl'o11 belwcclI lallu amI illlplOl'clliclIlS applies ollly IIl1ller lhc exislillg prugralll III III i IiI al ill/l, ( h..: Sl' 1':\1 <llc val\lal i(lll~ Ii" lalld allll bu ildi I1g lIlust l1ul bc used ill (UI\;Ullclillll willi allY ollicr appmisaJ :l/Id III e i/";lli" if ~;II I !:'l'd , :;, 'IIJI" ^'II'I:dsn :I.';::I1II1I:S Ilral llrerc ;Ile 110 lridJclI or ul1apparel1t nlllJitiollS or the \llll\lelly, 5ub50il, or sllu~t\1lcs. which 1IIIIIId Il'Jld"1 ;1 l1ufrl' III Ic~:s \':lIu:II"e, The ApPlaiser :J.';SUIIICS 110 re~pollsioilil)' Il,r sllch (ul1L1iliuns, or rm ellgineclillg wlrieh lIIil:'11 "1' Il'/fllilrd III discol'l:' 511eh /;Iclllrs, II, Ildll/JlI:IIiIlJl. r,slilll:tlcs. :tllllllpilliollS fllll1;~ht:d III lire AfI/Jlaiser, ami cOlllailled ill Ihe replllf, wCle ohlailled 1'11'11I SOUICCS CIIIl:;id"1UI Idi;li>1c :11 ILl l'clicvcd III he lllle :ll1d CIIITCCl. lIowever, 110 lespol1sibi/ily ft,r nccuracy or sueh ilell1s Ji.lll1ishet' lire Al'l'lai';l'l ('all k i\~::;lIIIlClI by lhe ^\ll',aiser. -" (lisrlllsllll' Ilr rhe COllrl'lIls of [he appraisal rcp\lll is governed lIy the Bylaws ami Hcgulalitllls of lhe I'lUlC5Siullalllpplllisal 1I1"::l11;7:1li\lll.< willi wllieh rhe ^I'pmiscr is aflilialcd, H. NcilJll'r all. 1111/ aJlY f1~lIl of Ille COlllelll of (hc rcporl, ur copy Ilrclcor (includillg cUllclusiuns as 11.1 Ihc propelly value, Ihe idelllil)' of Ihe ^PI";Iiscr, flroll:~sit",:d L1es;gnalicHls, ICrCICllee 10 allY fIlUrcssiollul :lpplUisal org:lIl;l,atiulls. or tlie fillll wilh wlrich the ^ppl:liscr is l'lllllll'cled), shall hc uscd ror :II1Y pUlposes by ullyolle bUlllre dicnl specificd in (he lepull, (lic borruwer iI aplJlaisal kl' paid hy :;;III1L', the 1l101Igngee or its succe,ssms :lnd :I~siglls, IlIulIg:lgc jllsulcrs, runsuJI:llIls, prufessional :Ippraisal III /!:rrl;I.:1/ illll.', ""Y ,~r:llc or Il:dnall y :IpPllJved fillancial inslillllilln, allY dep:ullllcnl, :lgcIlCY, or inslrlllllclllalily ur Ihe Uui1cd Sla/e,~ or :II'Y ,sl;lIe "" l',c lJis;';icr III' ('"hIlIlOi;l, ll'i'houl lhe previ\Ju~ wrillen cUII~enl uf lhe Appraiser; lIor shall it be eunveyed I'y aIlY""C III I/Il' fluidic 1111111'&" advcl risillg. puhlic Icfalilllls, IICWS. Sides. ur olher IIleuia, wilh"ul the wrillclI CIIIISCIII "lid ;II'/'"I\'al"f Ill\' 1\1'1 "" ist:!. 'J, Oil :111 ;ll'l'lai,~:ds. subjl'l.:1 III :;alisr;IL'lllIY ClJlllplelion, /ep:.i/s, or alleraliuns, lire appraisal lepOlI ;IIIJ valllc c"ndu~;ulI lIIe (1lIllil1!:l:llI 1l1'"11 UlIlIl'lclilll1 Ill' tlrc jllll'lOvelllclIls ill a wurkl1l1lulikc ""lllllCr. EN\'I/UJNI\I/':NT,\L IJ/SCL;\/r,IEll: The V311lC esti,naled is ba.sed 011 lire lISsulllpliulIlll;'ll Lhc plOpclly is llolllrg3(ivcly afrcclcJ hy llrl" e"islc/lce IIf ""lnlllllUS sul)slallCc,~ or delrilllelllnl ellvirulllllelllnl cOIllJiliollS unless orherwisc SIDled ill lliis ICI'O/I. The opI'raiscr i.< 11111 311 ('.'I'et! ill IlIc jdclllifjcnlioll of h37.(\rJuu~ subslanccs ur uclrilllClllal cnvilOlUllcnl:J1 conLlitiullS. The I1ppraiser's /uulinc impec. lillll of :llId ill'l";' ics nl'\1I11 tl,c subjecl prol'erly did 1101 devclop nny informdtion Ihnl imlicolcu nllY apparcII' slgnific3J11 Irnl,Rlduus su\), slnllers III tll"lIimelllnl ellvirolllllclIlnl ClIlldiriuIIS which would affccl Ihc propcrly negatively unless ol1lcrwisc slnled in Ihis lC/1011. II i,~ ",,~.<j"le Ih:ll IrslS nlld illSpeCli(lll~ mnde by n qualified hllz:arduus subslAnce I\IId ellvirolllllenlal experl would levcnl thc cXlslclll::e cd ItHa"rllll,< <1I""1:lII<:c< or delrilllcIIl:lJ C11l'iroll/llcnlal comlil;o/lS on or arollllulhc f'lUJlCrly Ihal would IIcgnrivcly alfccl its vnloe. i ,\lJlJ/ "'''N,\I. U:HTlFlCt\T/ON: Thc ;\I'l'r(\i~er rullher ccrtifics nlllJ Rgrecs Ulal; " I, .,his :lI'I'lni:;:l1 l'lI11rll""S 10 lhc Ullifu/l1I Sln/ldurds of I'rufessioll31 ;\l'l'r8is31 I'Jaclicc ("US I'AI"') ;uloprcd vy tltc ^I'I',ahl' Sl"ltlt:l/ds Ihl:llJ \lrTltc ^l'l'rni<al Fuund:llion, el\ccl'lth3tlhe DepRllure I'JOvisio/l of 111C US!';\!' UUCS /101 al'"ly. J, ""dl\:"lll"tfl~nrioiiisill>l cOllli/l!;c"l ul'u,r lJle/cPQrlillg uf R ,,,cdclc/millcuvn/lIe or dilei::li()llln VII/fie Hili! favors IllllC:lUSC 1'1 IIII' dic/I/. III(' ""'Ollllt of I1lc value e.~lilllnlc, Illc nll3illll/cIIl ur a srll'ulaleU rcsull. or Ihe oceurrcnce of 8 SUvsclluelll evelll. :l, '/ hi.< "l'I'I'1i<:l1 assignlllenl was nul \)ast:d UII n rC'Iucslc~'lIIilliIllUIll valU3.llvll, a specific \'3IU8Iio/l, nr lhc approval of II IURII. N\'tl.~ Iht t\1..il\mmrn\:tl dl\tlO\tHltf ;'In,IIH' lilt: .11.JjllUn~t rtr,llicJlior, arr. IIClllib( .rr,,,,,,,.,J IIf11 Ili~~I'rll'".rt.l, hy Fltddic P.f..e or r:.ltrlie tlfle. /) ,./t .1J<.'.::L . /I,: / '. \./ 0l- /.A'.V" ,'-r~( /:V;;>'/.J'-(- L , ,a,....." / . . ,'. / .' V/.;..,2.--zr-L./ I 1(' (; (. I /.1,'f( b ' " . 7. " ,'.,.." A 1'1'J:IISC I (s) ./... ~,'-:i: Sl;~ ,~,:-:\.. . .. .,...." '. . . , , . . . . , . . , , , , y GEORGE L. EBENER & ASSOCIATES REALTOR REAL ESTATE APPRAISER CHARLES L. WENGER, GRI EXPERIENCE: 1986 -- PRESENT Partner I Associate Broker I Appraiser George L. Ebener & Associates 139 W. High Street Carlisle, Pennsylvania 17013 1982 - 1 986 Associate Broker I Appraiser George L. Ebener & Associates 139 W. High Street Carlisle, Pennsylvania 17013 1978 -- 1982 Real Estate Salesperson George L. Ebener & Associates 139 W. High Street Carlisle, Pennsylvania 17013 EDUCATION: Pennsylvania Association of Realtors Appraisal Courses RA 1 -- Basics of Appraisal RA 2 -- Real Estate Analysis RA 3 -- Sales Comparison Approach RA 4 -- Cost & Income Approaches RA 5 -- Appraisal Standard & Ethics RA 6 -- Narrative Report Writing RA 7 -- Introduction to Commercial Appraisal Residential Appraisal PROFESSIONAL LICENSES: Real Estate Associate Broker - AB-043963-A, Commonwealth of PA. Real Estate Broker I Appraiser -- SA -001849-L, Commonwealth of PA. PROFESSIONAL DESIGNATION: GRI (Graduate of the Pennsylvania Realtors Institute) awarded by the Pennsylvania Association of Realtors. APPRAISAL EXPERIENCE: - Governmental Condemnation of Land, Township Condemnation of Land Commercial Business, Farms, Undeveloped Land, Building Lots, Apartments, Single Family Dwellings and Estates. . SCHEDULE B STOCKS & BONDS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT I ___________n_~~~____ i FILE NUMB-ER---~--~- 21 - 0 I - 1052 ESTATE OF Gutshall, Elwood R. All property jointly-owned with right of survivorship must be disclosed on Schedule F. N~~~ER I DESCRIPTION ~-----'---I Two Series E Savings Bonds - See attached calculation 2 Ii Cumberland Valley Cooperative Association - Three shares of Stock - See attached ~ UNIT VALUE i VALUEATDATE ---+- OF DEATH -- I ~~23.80 140.00 I I , __~____~_~___l TOTAL {Also enter on line 2, Recapitulation} __1._____________ 363.80 Inventory 1 Accrual Bonds Redemption Date: 8/2001 Issue Yield Next Final Serial Number Denom. Series Date Value Interest To Date Accrual Maturity Q677130162E $25 E 6/1945 $113.33 $94.58 4.55% 6/1985 3 Q549158247E $25 E 1211944 $110.47 $91.72 4.48% 12/1984 3 1 = Not eligible for payment (purchase price) 2 = Matured (exchangeable for HH) 3 = Matured (not exchangeable) · = Possibly eligible for U.S. Savings Bond Education Benefit Program. See footnotes on Inventory Summary page. 1 Inventory 1 Inventory Summary Redemption Date: 8/2001 Number Inventory Redemption of Bonds Value Value Interest Accrual Bonds Pre-January 1990 Issue Dates: 2 $223.80 $223.80 $186.30 January 1990 and Later Issue Dates: 0 $0.00 $0.00 $0.00 * 2 $223.80 $223.80 $186.30 Current Income Bonds 0 $0.00 $0.00 $0.00 Inventory Totals 2 $223.80 $223.80 $186.30 Footnotes * Proceeds from Series EE & I Savings Bonds with issue dates beginning January 1990 may be eligible for special tax exemption when used for post-secondary education. For further information concerning the benefits and restrictions that apply, please contact the Internal Revenue Service. 1 These bonds are not eligible for payment within 6 months of their issue date. 2 These bonds have reached final maturity and will earn no additional interest. They can be exchanged for HH Bonds within a year of their final maturity date. 3 These bonds have reached final maturity and will earn no additional interest. They are not eligible for exchange for Series HH Bonds since they have been held over a year past their final maturity date. 2 01/17/02 056928 ~.~:~~E'i C~"~)(:';r';~: P.;\-T:i\~,'E: ,)::,.::;}:: ?,.j DATE GESCRIPTION VOUCHER AMOUNT 01/04 02 01/04 02 01/04 02 STOCK PURCHASE STOCK PURCHASE STOCK PURCHASE 045452 045453 045454 30.00 60.00 50.00 GUTSHALL ESTATE, ELWOOD R. 140.00 .,.,...._~".-_"""~;;;"'>;i.~.~"""''''''''~,_;.;;''''''''':...",,.~>Ii<,~_.......~i:'iD<....~~_~''iG~~_NA.;''.c_..J:.'''''l'<,=<;l::001JoiO~'f,,,".e.",,,,,,,"~,;;''--.~-';''''~~'~~~~7_J;,,-",,,,'>,,,' 4lf,",__''''',',,:~~~<.1W~""~:ii:""1ll'..,""".~""",,,..a>i<,,;~,,,:,,,,,,,,",.".#,I>. 01j04i02 01/04/02 STOCK PURCHASE STOCK PURCHASE 045453 045454 60,00 50.00 ~..-QrN._-"::<..lI~'~"""'___~.t!IlO-.,~...~~~-.-~'\m_"'~~-"";"-'_~-..:$i1>"'..Po:~-;T."~O;O.'''',~V;''''''''=''-_';ac~'-'~1l\~,~~,;~,~~",....;",,,,;c:-tl....,,.,,...,.,' GUTSHALL ESTATE, ELWOOD R. 140.00 _,.-":~____l__~~~~~~"~'f",*",_-:-....,.-=,""",~:6!~,%~'~~-.r.<':l_'~"'~!IIlI__",,^~""""""~1lI&.'U",:o,;,~~....;.>'\:~~tii~"Clf_N...--.:;<;;(_"""~~~"MI'~:'~~.:$~"'~';'~_~~"';;:;'~"~, 9G8 , 056928 C1.J:r-irSEHL.!.\ND V.ALLEY COOPERA T1VE,r\SSf,L F.O,g{JX 350 P!-;: 7! :;.'! 056928 01/17/02******140.00* ONE HUNDRED FORTY AND NO/lOa Pi~\'f ) i-~J;:: ELWOODR. GUTSHALL ESTATE C/O HAMILTON C. DAVIS ATTY. P. O. BOX 40 SHIPPENSBURG, PA 17257 ._,,___.~~__,__1)__24_. ,~.._~_.__ 0,~~/~ .~- ~.,.___.~n___..~.___ -----. -. --.7'~:~;~:-:;~:'~~::-~:~::- tj/ -..;'.;:',"~, _::',~ ---,.'--- ..-- -- --' --. "iII'"~~~'.'l.~,.~';";r'-_:::;_~'VC""',,",W_~..;f;.,;~>r,:;'~"'"''',;,;;'''''''''''''''frI"~'''''''''~";__""'~_~~'"~- 1'1;),,::1 vr II- 0 5 b q 2 B II- I: 0 3 l. 3 l. 50 j b I: l. 0 q 2 b b ,,- *' SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT I "_"____""."_""""~___~~_n~___.__~"".~".__"______~""_~_.J._~..____~____."_________ --_.~._-----.-----------------------_.__._------------~-----------------"--- ESTATE OF . FILE NUMBER Gutshall, Elwood R. i 21 - 01 - 1052 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with the right of survivorship must be disclosed on schedule F. ITEM NUMBER 1 DESCRIPTION Allfrrst Checking Account No. 00392-2034-6 --"-------~----- VALUE AT DATE OF DEATH 6:645.64- 2 Cash from Wallet 183040 ---- TOTAL (Also enter on t.ine 5, Recapitutation) " 6,829.04 ~~. ~ tk"",-".. ,......~:.:-..."'.------ ~.~\/:I., " " " . ..'~~1f~, , _~, ~~" " ~; ',:.,TH'S"OOCLJMENT,~.~A,N ,'\:R~FrC1A~__~_^1EAMA~1( Pf;\lfo"TED ON THE BACK. :; 1)~I~ts{r\: ---:_-:-~C~~"i<JL-:;;=:-,-~ OO=JE~T HAS'g1:?iBwr S1GI"TURe.lf2B~r22S4~~t9t2'9r21' I ISSUED BY: TRAVELERS EXPRESS COMPANY.1NC.i'..............................~.,.-. DRAWEE; FIRST INTERSTATE BANK . . . .. . . HELENA. MT J ,; r~':; L"~ ..~~ ',~ c,::;j .....!; :," - ~ j~i: ",I TO CUSTOMER: The pur~~~EemnilY Bond may be required before this check will be replaced or refunded~~:.~~~ mjspl~~~~_ lie 2 2 2 2 L. 2 'i 2 CJ III ': 0 'i 200 5 L. * * ': 0 * bOO * 0 3 3 30 * 3 III SCHEDULE H FUNERAL EXPENSES & COM~~~~~O;~~~~~~L~ANIA ADMINISTRA TIVE COSTS ==----==-___~:'~~N~D~.:~~EN~---__=__=___======__---.~==_====__==j-==::.==c_~--~____~_ ESTATE OF FILE NUMBER Gutshall, Elwood R. 21 _ 01 _ 1052 *' -~~-_._._._--~.."---~~--_.__.~._~._~._-~,_._._--_.._-----~- Debts of decedent must be reported on Schedule I. ---rn=f\,r-~-~--~- ---- NUMB~El~ A--:-- FUNERAreXPENSES: 1 . Egger Funeral Home DESCRIPTION AMOUNT 6,645.64 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Hamilton C. Davis Susan Beidel Social Security Number(s) I EIN Number of Personal Representative(s): Street Address P.O. Box 40 City Shippensburg Year(s) Commission paid Attorney's Fees Hamilton C. Davis 10,000.00 State P A Zip 17257 2. 10,000.00 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City Relationship of Claimant to Decedent Probate Fees Cumberland County Courthouse State Zip 4. 505.00 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. 1 Other Administrative Costs Legal Advertising - Cumberland County Legal Journal 75.00 2 Legal Advertising - The News Chronicle 37.87 Total of Continuation Schedule(s) 5,547.60 --~---~.-~----------~-.--- ---L___________.._ TOTAL(Alsoenter on line 9; Recapitulation) -- f 32,811.11 *' Schedule H Funeral Expenses & Administrative Costs continued COMMONWEAlTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT _._-~-------_.._---------~-,._----------~._'----------._--_.------~-- ESTATE OF Gutshall, Elwood R. -----.----~-----iFILE NUMBER ---------- I 2]-0]-1052 3 Reserve for Contingencies and Closing Costs (including realty transfer tax on sale of real estate) 5,547.60 Page 2 of Schedule H . SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS I ,~--,----,-,--, ------~--- ---~--------,----- -------------'-~-- ~FliE-NUMB~-------- 21 - 0] - 1052 COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ,-- ~----~~ ESTATE OF Gutshall, Elwood R. Include unreimbursed medical expenses. ITEM NUMBER ~1~ Cumberland County Recorder of Deeds DESCRIPTION AMOUNT ---87:00- 2 Susan Beidel (Reimburse Miscellaneous Expense) 9.33 3 The Sentinel - Advertising for Sale 65.10 4 Ebener & Associates - Appraisal 300.00 5 U.S. Treasury - Personal Income Tax of Decedent 956.00 6 P A Department of Revenue - Personal Income Tax of Decedent 57.00 ------ _.__._---~---- _.~..~-._~-- -TOTAL '(Also enter on Line-1 0, Recapitulation) " - 1;474.43 REV-1513 EX+ (9-00) *' SCHEDULE J BENEFICIARIES COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ~-~----~~- --~_._~-~_.._--------~---~-~- - ---_.._~- -- --------_._------_._--_._--.-~-----~.-._--~------------~- FILE NUMBER I 21-01-1052 ESTATE OF Gutshall, Elwood R. '. RELATIONSHIP TO I' AMOUNT OR SHARE : DECEDENT . OF ESTATE __+----D<!-'I!<!CLJSI TrusJUOO~______-----_-- I Son IHouse - $30,000.00 NUMBER i NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY I. TAXABLE DISTRIBUTIONS (include outright spousal distributions) David Gutshall 1420 Center Road Newville, PA 17241 2 Elwood R. Gutshall, Jr. 1395 Center Road Newville,PA 17241 I I I I Son I !House - .$18,750.00 4 Loreda Gutshall 1420 Center Road Newville, PAl 7241 Sister jHouse - 1$22,500.00 i Trust and Life Estate :($10,000.00) I 3 Sandra L. Gutshall 1801 JFK Blvd The Sterling Philadelphia, P A 19103 Daughter I I See Continuation Schedule(s} attached I Enter dollar amounts for distributions shown above on lines 15 through 18, as appropriate, on Rev 1500 cover sheet . ! II. NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE , I B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS I Center Lutheran Church . 1498 Center Road, Newville, PA 17241 2,500.00 TOTAL OF PART 11- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET 2,500.00 . SCHEDULE J BENEFICIARIES continued COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF 5 . FILE Ni.JMBE~---------- I 21 - 01 - 1052 I --RELATjONSHTPTO~--C------------ 'I DECEDENT I AMOUNT OR SHARE Do Not LiatTruatee(s) ; OF ESTATE TAXABLE DISTRIBUTION$1inC'uae outngl1fspousaidfsTriDuflons. analransfers under~I' . --r- ----- Sec. 9116(a)(1.2)] Richard L. Gutshall I Nephew 1$10,000.00 451 Brandy Run Road Newville, P A 1724] I Gutshall, Elwood R. NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY I. 6 Nena E. Chapman 1300 Center Road Newville, PA 1724] 7 Barbara A. Cline 70 Asper Road Newville, P A ] 7241 8 Margarette C. Gilliam 1308 Center Road Newville, PA ]7241 9 Sandra L. Gutshall 1801 JFK Blvd The Sterling Philadelphia, P A 19103 10 David W. Gutshall 1420 Center Road I Newville, P A ] 7241 II Annette L. Gutshall 151 Roxbury Road Newville, P A 17241 ]2 E]wood R. Gutshall, Jr. 1395 Center Road Newville, P A 17241 Daughter I 11/10 Residue Daughter j1/]O Residue I I Daughter 11/10 Residue Daughter I I 11/10 Residue Son 11/4 Residue I I 1 I Daughter 11/10 Residue I Son 11/4 Residue Page 2 of Schedule J ~ ~ ~ LAST WILL AND TESTAMENT I, ELWOOD R. GUTSHALL, SR., of Lower Mifflin Township, Cumberland County, PA, declare this to be my Last Will and Testament and revoke any will or Codicil previously made by me. ITEM I: I direct that all my just debts and funeral expenses, including my gravemarker and all expenses of my last illness, shall be paid from my residuary estate as soon as practicable after my decease as a part of the administration of my estate. ITEM II: I bequeath those articles of my household furniture and furnishings and those articles of my personal effects and personal property as set forth in a separate memorandum, which, if I prepare such, I shall place with my will or deposit with my attorney, to the persons therein designated. ITEM III: I give and bequeath to my two sons, ELWOOD R. GUTSHALL, JR. and DAVID W. GUTSHALL, or the survivor of them, any and all farming equipment, machinery and tangible personal property heretofore utilized by me in my farming business. ITEM IV: If I have not done so prior to my death, I give and devise the houses and lots (and I direct my Executors to accomplish the subdivisions necessary herefor) hereinafter identified, as follows: A. The house and a lot of approximately 10 acres, (includ- ing all residential use property but excluding all barns -or -6therfc:'irTIiing structures) from the- rarm- I commonTy.refer ~ ~ to as the "Home Farm" (which farm was purchased in 1946 from Martha Ellen Gutshall's Trustee) to my son, DAVID W. GUTSHALL. This bequest is subject to the right of occupancy of my wife, EDNA M. GUTSHALL, and my sister, LOREDA GUTSHALL, for so long as they wish. B. The house and a lot of approximately 10 acres, (including all residential use property but excluding all barns or other farming structures) from the farm I commonly refer to as the "Nelson Farm" (which farm was purchased in 1969, from G. Dewey Nelson & Elsie C. Nelson) to my son, ELWOOD R. GUTSHALL, JR. C. The house and a lot of approximately 10 acres, (including all residential use property but excluding all barns or other farming structures) from the farm I commonly refer to as the "Weast Farm" (which farm was purchased in 1948 from Theodore T. Weast) to my daughter, SANDRA L. GUTSHALL. ITEM V: I make the following specific bequests: A. The sum of $2,500.00 as an endowment to the Cemetery Fund of the Center Lutheran Church, the interest from this gift (and the prior gift made during my lifetime) are to be used for care and upkeep for the cemetery in general and the Gutshall family gravesites in particular. B. The sum of $10,000.00 to my nephew, RICHARD (DICK) 2 ~ ~' ~. GUTSHALL, the son of my sister, LOREDA GUTSHALL. If my nephew, RICHARD (DICK) GUTSHALL predeceases me, this gift shall lapse and the sum hereunder bequeathed shall instead pass under either ITEM VII or ITEM VIII hereinafter. C. If my sister, LOREDA GUTSHALL, survives me, the sum of $10,000.00 to my Trustees hereinafter named, to be held by such Trustees, as Special Trustees, IN TRUST, for the benefit of my sister, LOREDA GUTSHALL, for the following uses and purposes and under the following terms and provisions: 1. No payments shall be made from this Trust of either income or principal until Trustees shall have taken into consideration all of my sister, LOREDA GUTSHALL's available other assets and sources of income, including entitlement to benefits or services from any local, state or federal government or agency (or from any private agency) . 2. During the life of my sister, LOREDA, all payments from this Trust which go to the benefit of LOREDA are to be direct payments to the person or entity supplying goods or services to him at the request of the Trustees. 3. During the life of LOREDA, no portion of this Trust, either income or principal, shall be subj ect to anticipation, pledge, assignment or obligation of LOREDA 3 nor be subject to any reimbursement, execution, attachment, levy or sequestration or any other claims of or interference from the creditors of LOREDA or the estate of LOREDA or of anyone who may be obligated for the support of LOREDA, including any government or governmental agency or private agency which has provided benefits or services to LOREDA. 4. During the life of LOREDA, no portion of the principal of this Trust, and for so long as there exists any claim against LOREDA for reimbursement by any creditor, no portion of the income of this Trust, shall be or be able to be used to provide basic food, clothing and shelter for LOREDA (nor be able to be converted for such ~ ~ ....... ~ items) but rather to provide LOREDA which extra and supplemental care, maintenance, comfort, happiness and education in addition to and over and above her basic support. To this end, the Trustees may provide such resources and experiences as will contribute to and make LOREDA's life as pleasant, comfortable and happy as is feasible. Nothing herein shall preclude the Trustees from purchasing those services and items which promote LOREDA' s happiness, welfare and development, including, but not limited to, vacation and recreation trips away from places of residence, expenses for traveling companions if 4 requested or necessary, entertainment expenses, supplemental medical and dental expenses, social services expenses, transportation costs, private room, telephone and television services, a mechanical bed, an electric wheelchair, personal care services, and the like. 5. During LOREDA's life should the existence of this Trust disqualify her from eligibility for substantial governmental or private aid or benefits or services or should any interest of LOREDA hereunder in the principal while undistributed and in the possession of the Trustees be subject to attachment, execution, sequestration or reimbursement by any creditor, assignee, subrogee or provider of aid, benefits or services to or for LOREDA, then this Trust may, in the discretion of the Trustees, be ~ ~~ , terminated and the then remaining principal and any accumulated and undistributed income be distributed to those persons (other than LOREDA) who would be entitled to LOREDA's share of my estate pursuant to the provisions of ITEM VIII of my will had LOREDA predeceased me. This is because it is my intention in executing this Trust to provide for the comfort and happiness of LOREDA without interfering with, reducing or disqualifying her from aid, benefits or services she would otherwise be entitled to and to maximize the ultimate distributive shares for all 5 of my ultimate beneficiaries. Testator does hereby specially waive, renounce and disclaim any rights which he, his heirs and assigns, and any other person or entity may otherwise have to seek invasion of the assets of this Trust pursuant to any statute of any jurisdiction. 6. Upon the death of LOREDA, this Trust shall terminate and all principal and any accumulated and undistributed income shall be added to and distributed, as a part of the Trust created pursuant to the provisions of ITEM VIII of this my Will. ITEM VI: I give and bequeath all of my tangible personal property (not including cash or securities and not including any tangible personal property utilized by me in any business, including farming, and not including any items bequeathed above) including, without limitation, personal effects, household furniture and furnishings, automobiles, and the like, together with any policies of insurance in effect at the time of my death applicable thereto, including any prepaid premiums thereon, to my wife, EDNA M. GUTSHALL, if she survives me by thirty (30) days. Should my wife, EDNA M. GUTSHALL, predecease me or die on or before the thirtieth day following my death, I bequeath such tangible personalty and the insurance thereon as constitute household goods and furniture and furnishings in my residence to my son, David, if he survives, and the balance, if any, to such 6 of my children as are living on the thirty-first day after my death to be divided among them by my executor as nearly as possible in equal shares in such manner as they may agree upon or, failing agreement for any reason whatsoever, then in such manner as my executor shall determine, giving due regard for their personal preferences. I hereby direct that the costs of moving, shipping or otherwise transporting any such items bequeathed hereunder or in accordance with ITEM II above shall be paid by my Executors as a part of the cost of administration of my estate. ITEM VII: If my wife, EDNA M. GUTSHALL, survives me (and I direct that for the purpose of this ITEM of my will she shall be deemed to have survived me unless it appears unmistakably that she predeceased me), and if the Federal Estate Tax due because of my death will be reduced by making this gift for her benefit, I devise and bequeath to my trustee (s) hereinafter named as trustee(s) of a separate trust for my wife's benefit, IN TRUST, the least amount (based upon values as finally determined for Federal Estate Tax purposes) as shall be needed for the Federal Estate Tax unlimited marital deduction to reduce the Federal Estate Tax to its lowest possible figure after full use of all other deductions and credits allowable in calculating the Federal Estate Tax, except that such amount shall be calculated without regard to the augmenting of my taxable estate 7 ~ ~ by reason of generation-skipping transfers and without regard for any credit for state death taxes that would not otherwise be payable. Accordingly, I direct that: A. The amount of this gift shall be undiminished by any income, estate, succession, legacy, death, inheritance, or any generation-skipping tax or any interest or penal ties thereon. B. The amount of this gift shall take into consideration the value of any property, including property or interests in property under those provisions of this will, by rights of survivorship, by operation of law, by insurance, annuity, or endowment contract or otherwise, which my wife, EDNA M. GUTSHALL, has received prior to my death or at my death will receive other than pursuant to this ITEM VII, which is includable in my gross estate for Federal Estate Tax purposes and with respect to which the marital deduction or any similar benefit is allowable. c. The amount of this gift shall also take into consideration the use of any deductions (other than the marital deduction), exclusions, exemptions or credits available to reduce the Federal Estate Tax to the lowest possible figure. D. No property ineligible for the marital deduction, or any similar benefit, shall be distributed to this gift for 8 my wife, EDNA M. GUTSHALL, pursuant to this ITEM VII. E. Either cash or investments or both may be allocated to the gift under this ITEM VII. F. Any property allocated under this ITEM VII in kind shall be valued at the value at which it is finally included in my gross estate for Federal Estate Tax purposes, provided that the aggregate market value thereof on the date of allocation (plus the value as finally determined for Federal Estate Tax purposes of all other property qualifying for the marital deduction) is at least equal to the dollar value of the marital deduction as finally determined for Federal Estate Tax purposes. G. My wife, EDNA M. GUTSHALL, shall be paid the entire net income from the principal in such periodic installments as my trustee shall find convenient, but at least as often as quarterannually. H. My wife, EDNA M. GUTSHALL, is hereby given power to appoint by will to her estate or to others, in such manner and for such estates as she may appoint, exercisable only by specific r~ference by her alone and in all events over the principal of this trust. I. My wife, EDNA M. GUTSHALL, is hereby given a power to appoint from time to time during her lifetime, to any of my then living issue, either outright or in trust, such amounts 9 of the principal of this trust as she in her sole discretion shall designate by written instrument delivered to my trustee during her lifetime with specific reference hereto. J. As much of the principal of this trust as my trustee may from time to time, in its discretion, think advisable for the support of my wife, EDNA M. GUTSHALL, and for the protection and preservation of her property or during illness or emergency shall be either paid to her or else applied directly for her benefit by my trustee. K. If my wife, EDNA M. GUTSHALL, shall fail, either wholly or in part, to exercise effectively the power of appointment created in either paragraph H. or I. hereof, the unappointed principal shall be added to, and thereafter treated as part of, the principal of my residuary estate passing under ITEM VIII hereof. L. If any provision of my will shall result in depriving my estate of the marital deduction for Federal Estate Tax purposes, such provision is hereby revoked and my will shall be read as if any portion thereof inconsistent with allowance of the marital deduction for Federal Estate Tax purposes is null and void. ITEM VIII: I devise and bequeath the residue of my estate of every nature and wherever situate, including property over which I shall have any power of appointment other than any such power given_tome in any will or intervivos trust of my wi fer 10 ~. ~ EDNA M. GUTSHALL, to my trustee hereinafter named, IN TRUST, for the following uses and purposes: A. To pay the net income therefrom to my wife, EDNA M. GUTSHALL, for and during her lifetime. B. As much of the principal of this trust as my trustee in its sole discretion may from time to time think advisable for the support of my wife, EDNA M. GUTSHALL, and for the protection and preservation of her property or for the support and education of my children or grandchildren, (including college education, both graduate and undergraduate), or during illness or emergency, shall either be paid to her or them or else applied directly for her or their benefit by my trustee after taking into account her or their other readily available assets and sources of income. c. My trustee may apply the net income of this trust for the support of my wife, EDNA M. GUTSHALL, should she by reason of age, illness or any other cause in the opinion of my trustee be incapable of disbursing it. D. In addition to the above provisions, my wife, EDNA M. GUTSHALL, shall have the power to direct my trustee to pay to her or to apply out of principal in each year including the year of my death and the year of her death an amount not in excess of the greater of Five Thousand ($5,000.00) Dollars or Five (5%) percent of the then aggregate value of 11 ~ the trust principal. This power is noncumulative and can be exercised only by an instrument in writing intended to take effect during her life, signed by my wife, EDNA M. GUTSHALL, and delivered to the trustee. E. Upon the death of my wife, EDNA M. GUTSHALL, or upon my death if she should predecease me, the then remaining principal and any undistributed income shall be distributed as follows: 1. One half (~) thereof, but not less than One Hundred Twenty-five Thousand Dollars ($125,000.00), nor more than Two Hundred Thousand Dollars ($200,000.00), shall be divided equally among my five daughters, BARBARA A. CLINE, MARGARETTTE C. GILLIAM, NENA E. CHAPMAN, ANNETTE L. GUTSHALL and SANDRA L. GUTSHALL, in equal shares, per stirpes. Should any of my daughters predecease the survivor of my wife and me, but leaving issue who do so survive, then that issue shall receive, per stirpes, the share that such predeceased child would have received had she so survived. The share for any daughter who shall predecease the survivor of my wife and me, and who shall leave no issue shall lapse and be added to the shares of those of my daughters who do so survive or those who have predeceased but left issue who do so survive, per stirpes. 2. The remainder thereof to my two sons, ELWOOD R. - - 12 GUTSHALL, JR. and DAVID W. GUTSHALL, in equal shares. Should one (either one) of my two sons predecease the survivor of my wife and me, but leaving issue who so survive, the issue of such predeceased son shall receive, per stirpes, a sum equal to the sum payable to each of my daughters pursuant to Paragraph E.1. above, and the remainder shall be distributed to my surviving son. 3. If at the death of the survivor of me and my wife, both of my sons, ELWOOD R. GUTSHALL, JR. and DAVID W. GUTSHALL, shall be deceased, then all of the assets distributable under this Paragraph E, shall be distributable to such of my issue, per stirpes, who shall be living at the time of the death of the survivor of my wife and me, subject to the possible continuing trust as is specified in Paragraph E.4, below. 4. If any person entitled to receive a distribution hereunder shall not have attained the age of thirty (30) years then such share or distribution shall be held by my Trustee in a separate and continuing trust to be administered and distributed in accordance with the provisions hereinafter set forth. a. During the minority of each such person, my Trustee shall distribute so much of the net income and principal of the trust to or for the benefit of such ~ 13 person as my Trustees in their sole discretion shall deem advisable for the support, education and health of such person and for the protection and preservation of his property. Any income not so distributed shall be accumulated, invested, administered and distributed as a part of the principal. b. Upon such person's attaining the age of eighteen (18) years or upon the death of the survivor of my wife, EDNA M. GUTSHALL, and me if such person shall then be over the age of eighteen (18) years, my trustee shall distribute the net income of such person's trust to him or for his benefit during his life. Such person shall be entitled, during his lifetime, to withdraw sums of ~ \. ~ principal from his trust in accordance with the following formula: (1) At any time after attaining the age of twenty-five (25) years and prior to attaining the age of thirty (30) years, such sums as shall not exceed one hal f (1/2) of the market value of the principal as constituted on his twenty-fifth (25th) birthday or on the creation of his separate trust, whichever shall last occur; (2) At any time after attaining the age of thirty (30) years, any and all principal remaining. 14- (3) Upon the death of any person, his trust shall terminate and the then remaining principal shall be distributed, per stirpes, to his then living issue, or, if there shall be no such issue, to my then living issue, per stirpes. F. To my two sons, ELWOOD R. GUTSHALL, JR. and DAVID W. GUTSHALL, or the survivor of them, I grant the first option to purchase any or all of the farm real estate owned by me or my trustees (either solely or as a co-tenant, including undivided fractional interests) at the time of my death, the purchase price to be the lesser of the fair market value of such real estate determined by appraisal (which appraisal shall exclude from such value any leasehold improvements made upon the farm real estate by my sons or either of them) or the value at which the farm real estate is included in my gross estate for Federal Estate Tax purposes (or included in my estate for Pennsylvania Inheritance Tax purposes if there be no Federal Estate Tax inclusion) but not less than the sum of One Hundred Seventy-Five Thousand Dollars. The purchase price of such real estate shall be payable upon such terms and at such interest rate and collaterally secured in such manner as may be from time to time determined by my Executors and Trustee(s) to be reasonable, giving due consideration to such circumstances as the amount 15 of principal, the prevailing interest rates in the agricultural business community for both borrowing and investing, the state of the economy in general and in respect to farming in particular, and the ability of my sons to pay the price and interest, provided, however, that such terms should require the payment of a proportionate part of the price upon the sale by them of any of the real estate to any unrelated third party. until t~e purchas~ price is paid in full, the trust herein established may continue and the trustee(s) shall distribute to the beneficiaries so much of the income and principal as is from time to time received and available for distribution free of trust except as provided to the contrary in sub-paragraph E.4 above. ITEM IX: I appoint his or her parent or guardian and FARMERS TRUST COMPANY of CARLISLE, PA, Guardian of any property which passes outright either under this Will or otherwise to a minor and with respect to which I am authorized to appoint a Guardian and have not otherwise specifically done so, provided that this appointment of a Guardian shall not supersede the right of any fiduciary in its discretion to distribute a share where possible to the minor or to another for the minor's benefit. Such Guardian shall have the power to use principal as well as income from time to time for the minor's support and education (including secondary, college education, both graduate 16 and undergraduate, professional and other education) without regard to his or her parent's ability to provide for such support and education, or to make payment for these purposes, without further responsibility to the minor or to the minor's parent or to any person taking care of the minor. ITEM X: All Federal, state and other death taxes payable because of my death (but not including any increase in federal estate tax resulting from excess retirement accumulation under section 4981(d) of the Internal Revenue Code and not including any generation-skipping transfer tax for which I may be liable as transferor under Section 2603(a) (3) of the Internal Revenue Code), with respect to the property forming my gross estate for tax purposes, whether or not passing under this Will, including any interest or penalty imposed in connection with such tax, shall be considered a part of the expense of the administration of my estate and shall be paid out of that portion of my residuary estate under ITEM VIII, without apportionment or right of reimbursement. I direct that any increase in Federal Estate Tax resulting from application of section 4981(d) of the Internal Revenue Code be paid by the recipient of such distribution and I direct that any generation-skipping transfer tax for which I may otherwise be liable be paid from the property constituting such transfer. In addition to other powers vested in my Executor(s) by law or other provisions of my 1"7 Will, I hereby authorize and empower my Executor (s) to (1) allocate any of my unused federal generation-skipping transfer tax exemption to any property of which I am the transferor for the purposes of such tax (whether or not passing under this Will); {2} exclude any such property from any such allocation; and {3} make any related election, all as they in their sole and conclusive discretion deems most advantageous and equitable. I direct that no party in interest to the transfer of any such property shall have any claim against my Executor (s) or my estate or any claim for equitable reimbursement or any other cause. ITEM XI: My Executors, Trustees and Guardians, whether masculine, feminine, corporate, singular or plural, {herein sometimes referred to as "fiduciaries" or "fiduciary"} shall have the following powers in addition to those vested in them by law and by other provisions of my will applicable to all property, whether principal or income, including property held for minors, exercisable without court approval, and effective until actual distribution of all property: A. Any fiduciary hereunder may renounce or resign at any time with or without cause. B. No fiduciary shall be required to file bond, execute any instrument appointing anyone to accept service of process, or file inventories or accounts of any kind, except _uasQrderedtodou so by acou.rt of competent jurisdiction.or 18 release of such requirements by a testator. c. If there is no corporate fiduciary acting hereunder, my Executor or Trustee may designate a corporation (regardless of where organized or headquartered) with fiduciary powers to act as agent or custodian hereunder, may delegate to it such duties as may be appropriate (including investment recommendation duties), may pay to it reasonable compensation for its services, and may discharge it with or without cause. D. To retain any or all of the assets of my estate, real or personal, including stock of any corporate fiduciary, without regard to any principal of diversification or risk. E. To invest in all forms of property, including stock, cornmon trust funds, and mortgage investment funds whether operated by my fiduciary or others, without restriction to investments authorized for Pennsylvania Fiduciaries, as they deem proper, wi thout regard to any principle of diversification or risk. F. To sell at public or private sale, to exchange, or to lease for any period of time, any real or personal property and to give options for sales, exchanges or leases, for such prices and upon such terms or conditions as they deem proper. G. To allocate receipts and expenses to principal or 19 income or partly to each as they from time to time think proper in their sole discretion, but in no event shall the income of the marital deduction trust be reduced by the exercise of this power. H. To borrow from or to sell to my Trustee even though such Trustee may be my Executor. I. To cause the title to any property held hereunder to stand in the name of a nominee or ~o~inees. J . To repair, alter or improve any real or personal property; to borrow money, including the right to borrow money from any fiduciary hereunder, and to pledge, mortgage, or create a security interest in any property held by them as security therefor, and to make loans, secured or unsecured, for such purposes and upon such terms and conditions as they may deem advisable, including loans to my estate, with or without interest, for any purpose whatsoever, and to exercise options of any kind. K. To subscribe for or to exercise options for stocks, bonds or other investments; to join in any plan of lease, mortgage, merger, consolidation, reorganization, foreclosure or voting Trust and to deposit securities thereunder; to vote securities in person or by proxy, in such connection to delegate discretionary powers; and generally to exercise all the rights of security holders or employees of any 20 corporation. L. To compromise, submit to arbitration or release any claim of my estate or any Trust hereunder against others and to pay, compromise, or submit to arbitration any claim of others against my estate or any Trust hereunder. M. To exercise any law-given option to pay death taxes in installments, the payment of interest due on such installments to be a chaFge against principal. N. To exercise any law-given option to treat administrative expenses either as income tax or as estate tax deductions, without regard to whether the expenses were paid from principal or income, without regard to whether the size of the marital deduction share created in ITEM VII hereof will be increased thereby, and without requiring reimbursement. o. To receive other property of any type acceptable to the Trustee, including, but not in way of limitation, life insurance proceeds, which may be devised, bequeathed, assigned, granted, conveyed or made payable to the Trustee by any other person, to be added to and administered in accordance with the then applicable provisions of the Trust or Trusts hereunder; provided, however, if more than one Trust is then being administered hereunder, such other person may specify, in the instrument of transfer, among 21 which Trusts, and in what proportions such property shall be allocated. P. To treat the entire trust estate as a common fund for the purpose of investment, notwithstanding any provision herein for division thereof into shares or separate Trusts. Q. Any Trust beneficiary will have the right at reasonable times to request of and receive from the Trustee a complete written accounting ~f such matters pertaining to the administration of the Trust as are pertinent to that beneficiary. In the Trustee's discretion, income tax returns of the Trust and other relevant information may be used to satisfy such request. R. In making distribution of my estate, my Executor (and in making distribution of any Trust, my Trustee) is hereby granted the power to make non-prorata distribution of assets in kind. s. My Trustee in addition to other powers granted shall have the authority to purchase life insurance on the lives of any or all beneficiaries of the Trust. In addition, specific authority or power is granted to pay premiums on existing pol icies as well as those purchased after the creation of the Trust even though said policies may not be owned by or payable to the Trustee as beneficiary. Premiums may be paid from the income of the Trust estate or, if 11u necessary, from principal. T. Should the principal of any Trust herein provided for be or become so small that, in the Trustee's discretion, establishment or continuance of Trust is inadvisable, my Trustee or my personal representative may make immediate distribution of the then remaining principal and any accumulated or undistributed income outright to the person or persons and. in the proportions.. they are th~n entitled to. If any such person is then a minor, distribution may be made to that person's guardian, or to a person selected by the Trustee to be custodian for such person until the age of twenty-one (21) years under the Pennsylvania Uniform Gifts to Minors Act. U. My fiduciaries, generally, shall have full power and authority to exercise all rights and privileges appurtenant to any property held by my fiduciaries, and to execute and deliver any and all instruments which may be necessary or expedient in the exercise of the powers granted herein; provided, however, that no Trustee hereunder shall have any power in the administration of the Trust created under ITEM VII hereof which would in any way disqualify that Trust for the purposes of. the marital deduction afforded by the Federal Estate Tax Laws. V. The situs of any Trust created hereunder shall be in 23 ~ ~ the County of Cumberland, and state of Pennsylvania, and all questions pertaining to the construction or validity of the provisions of this instrument shall be governed by the laws of that state. Despite the foregoing, the Trustee may, at any time and from time to time, change the situs of any Trust created hereunder as the Trustee in his sole discretion deems desirable for the benefit or security of this Trust. The Trustee may elect _ (or decline to elect) . the law of a different jurisdiction and thereafter the court of such other jurisdiction shall have the power to effectuate the purposes of this instrument to such extent. The Trustee may change the situs of any Trust created hereunder, and may change the situs of one Trust without changing the situs of other Trusts created hereunder. This is a continuing power which will not be exhausted by its use. The determination of the Trustee as to the change of situs shall be conclusive and binding on all persons interested or claiming to be interested in any Trust hereunder. W: If there are co-fiduciaries serving hereunder, they may delegate any and all management duties and responsibilities to one of them. My co-fiduciaries may, for example, designate one of them to maintain a bank account or accounts, and in that instance the signature of only that fiduciary shall be required to open and maintain such 24 account, to deposit funds to such account and to write checks on such account. X: The individual fiduciaries shall have jointly with the corporate fiduciary all the powers given to the fiduciaries. Y: In the event of any disagreement between or among my fiduciaries, the decision of a majority of my fiduciaries shall control. No fiduciary shall be liable for any loss resulting from a decision in which that fiduciary did not join. z: It will be sufficient authority for any person to deal with any successor or substitute fiduciary if the successor delivers to that person a signed written statement that the predecessor fiduciary is either deceased, has resigned or is because of some disability unable to act or continue to act and that he or she is the duly appointed successor fiduciary. Such authority will remain in effect until such time (if any) that the predecessor fiduciary gives written notice that it is no longer effective. During the interim, acts taken pursuant to such authority will be valid as if taken by or with the predecessor fiduciary directly. AA. In establishing the inability of a fiduciary to act or continue to act hereunder, the statements of two licensed doctors of medicine shall be sufficient to establish such incapacity and third persons are protected 25 ~ ~~ in relying upon such statements without any further act or notice. No further act on the part of any party hereto or of any court shall be necessary to vest in a successor fiduciary the fiduciary powers and duties in the supervision and management of the trust and/or estate. BB. To continue the operation of any business in which I may be interested or engaged at the time of my death (regardless of the form or organization of any such business, whether the same be a sole proprietorship, a partnership or a corporation in which I own all or a substantial portion of the stock and including any farming business and the rental of farm land which I may own, either solely or as a co-tenant, including undivided fractional interests), which business or an interest in which shall be received by my fiduciary, subject to the terms of any agreement I may have made for the sale of such business or interest or any assets thereof, until such time as my respective fiduciaries deem it advisable to sell, liquidate or distribute the same in kind. My fiduciaries shall have all the rights and powers in connection with such business as I had when living, including by way of example and not limitation the powers to operate or join in the operation thereof as a going concern, the right to change the form of any such business 26- by the reorganization or incorporation thereof, or the formation or re-formation of a general or limited partnership with respect thereto, and also including the right to invest in any business or make agreements for the utilization in any business or lease to or in conjunction with any business the property of my estate or any trust hereunder for such periods of time and upon such terms and conditions and to liquidate or sell the same or any part thereof, all as my respective fiduciaries shall deem advisable for the best interests of my estate and of the beneficiaries thereof, without any liability for loss resulting from the operation of such business except where such loss is the result of gross negligence or fraud on the part of the particular fiduciary. CC. In connection with the continued operation of any business, my fiduciaries shall be entitled to receive such additional compensation as may be commensurate therewith. My fiduciaries are specifically authorized and empowered to engage the services of such persons as may be reasonable necessary or desirable to provide legal, accounting and business management expertise to or for said business and to engage employees and agents therefor and to agree for the compensation of said persons in addition to the additional compensation of my respective 27 ITEM XII: I appoint my accountant, SUSAN BEIDEL, my attorney, HAMILTON C. DAVIS, and FARMERS TRUST COMPANY of CARLISLE, PA, Executors of this my Last Will. ITEM XIII: I appoint my accountant, SUSAN BEIDEL, my attorney, HAMILTON C. DAVIS, and FARMERS TRUST COMPANY, Trustees of any trusts created by this my Last will. ITEM XIV: I direct that my Executors, Trustees or Guardians or their successors shall not be required to give bond for the faithful performance of their duties in any jurisdiction. ITEM XV: My corporate fiduciary shall be entitled to compensation based upon its regular schedule of fees for such services in effect from time to time during the period over which its services are performed. ITEM XVI: My individual fiduciary shall be entitled to reasonable compensation for his or her services rendered from time to time unless different compensation has been provided for in a separate letter of agreement. ITEM XVII: I specifically give unto my Attorney, HAMILTON c. DAVIS, ESQUIRE, or should he be unable or unwilling to act, my accountant, SUSAN BEIDEL, as the case may be, in his or her sole discretion, the right and authority to revoke the appointment of any corporate fiduciary designated in my will or in any Codicil thereto, provided that he or she simultaneously appo_intua substitute corporate fiduciary. 29 fiduciaries provided for above. DD. If the assets of any Trust hereunder consist of any interest in residential real estate, whether it be a full fee interest; a leasehold interest; a fractional interest; a life tenancy or a remainder interest; the right to income from such trust shall include the right to possession of such residential real estate (and if the income beneficiary is my wife, she shall have the right to share that possession with such other members of my family as she shall determine). The costs of obtaining, maintaining, insuring, repairing and/or replacing such real estate shall be considered appropriate costs to be paid by Trustees and shall be allocated to income or principal in accordance with the character of the cost paid. Should my wife be residing on a permanent basis (temporary absences for vacations and the like not considered) in such residence, Trustee shall consult with my wife prior to sale or other disposition of such residential real estate, and shall not dispose of such residential real estate without the consent of my wife or her agreement concerning a substitute or replacement residence. Trustee is authorized to execute and deliver such Deeds, assignments or other documents as may be necessary and desirable to effectuate the transfer of ownership of-any interest in any real estate. 28 ITEM XVIII: The interests of the beneficiaries hereunder shall not be subject to anticipation or to voluntary or involuntary alienation. IN WITNESS WHEREOF, I hereunto set my hand and seal to this my Last Will and Testament, written on thirty-one (31) sheets of paper, dated this 2bM day of ):"e.bn^~y / ~1:-L4!!. , 1993. ( SEAL) The preceding instrument, consisting of this and thirty (30) other typewritten pages, each identified by the signature or initials of the Testator, was on the day and date thereof signed, published and declared by the Testator therein named, as and for his Last Will, in the presence of us, who, at his request, in his presence, and in the presence of each other have subscribed our names as witnesses hereto. ~i. Ca..h v residing at rV~'Vt'J/e; ~.- ./ i) 7<~Ll C(, / . /1 " .1 -1 [I .Ii J JUt'l." ~~.IJ ,-~.'.1 ,/ ''-L_-t,..: .- ....-~ J~....- \- I ",J:...., ) ,- residing at r--'" j. '-,' ,..,.."... -.-~ -~J),I ,')/1 II '\ . v;, c', jlj' n f4 30 COMMONWEALTH OF PENNSYLVANIA SSe COUNTY OF CUMBERLAND I, ELWOOD R. GUTSHALL, SR., the Testator whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my Last Will; and that I signed it willingly and as my free and voluntary act for the purposes therein expressed. ~ R f!rf;t;~AL) ELWOOD R. GUTSHALL, R. Sworn to or affirmed and acknowledged before me by 5/w~lJ~ (? O-f4.ls/.tUI,ff; the Testator, thiS.26f-A day of . ,t" t- ~ r lC.-LA'""V , 19 9 3 . . / V~/J'(~ J:~ Notary Public ....\:;;.,-....:- ~ .>r:: - t t",;"t ~:::.:;~.:_1 :,; ,~i._~.:~.;,'..~~~~:.::~;:';.: ~~~-_:;. ._::." ..__.-"~N....___ COMMONWEALTH OF PENNSYLVANIA SSe COUNTY OF CUMBERLAND We, !-i /in: I '- TI' r.J c.:. ;)A v' :5 and U 1 {,t . See L,sl.._' /?,C'Y!-GC"l2- the witnesses whose names are signed to the attached or foregoing instrument, being duly qualified according to law, do depose and say that we were present and saw the Testator sign and execute the instrument as his Last will; that the Testator signed willingly and executed it as his free and voluntary act for the purposes therein expressed; that each subscribing witness in the hearing and sight of the Testator signed the will as a witness: and that to the best of our knowledge the Testator was at the time eighteen (18) or more years of age and of sound mind and under no constraint or un~c~~~, , I) ~(~,.." /..,~ ) ,UJ..f).,'. -., I A ~ (. '::1". ~ ,.f ).;'/1 - - / ,) Sworn to or affirmed and s~scribed to before me by .JJ.tf!.. i /f-QIt c. LJIfA/".s and 10;.r ft. So/Ie~ ~/'l,er, witnesses, this U-A day o:c:.::-t ' 1993. n(/.J.d.i.://0;nnn n.' ..nn nn . , Not a ry.: .P.t!l.?l_~ .<?_ J.,. 31 BUREAU OF ZNDZVZDUAL TAXES INHERITANCE TAX DIVISION DEPT. 180601 HARRISBURG, PA Z?ZZ&-0601 COHHONWEALTH OF PENNSYLVANIA DEPARTHENT OF REVENUE INHERITANCE TAX STATENENT OF ACCOUNT HANILTON C DAVIS ZULLINGER-DAVIS PO 80X 40 SHZPPENSBURG '04 ~PR 14:5g:~7 DATE ESTATE OF DATE OF DEATH FZLE NUNDER COUNTY ACN REV-I&D? EX AFP (D1-DS) 05-29-2004 GUTSHALL ELWOOD R 11-02-2001 21 01-1052 CUHBERLAND 101 Amoun~ Remi~ed HAKE CHECK PAYABLE AND REHZT PAYHENT TO: REGISTER OF WILLS CUH]~ERLAND CO COURT HOUSE CARLTSLE, PA 17015 NOTE: To insure proper credi~ to your account, submit ~he upper port/on of this form with your tax payment. ' - ................... ~n ~u~/~uN PaR YOUR RECORDS ~ 1607 EX AFP (01 03) """ INHERITANCE TAX ST~Rk~f'~-'~6~N~---~ ..................... ESTATE OF GUTSHALL ELWOOD R FILE NO. 21 01-1052 ACN Z01 DATE 05-29-2004 THTS STATEHENT TS PROVTDED TO ADVTSE OF THE CURRENT STATUS OF THE STATED ACN ZN THE NANED ESTATE. SHO#N BELON ZSA SUHNARY OF THE PRINCIPAL TAX DUE, A PROJECTED INTEREST FIGURE. APPLICATION OF ALL PAYHENTS, THE CURRENT BALANCE, AND, ZF APPLICABLE, DATE OF LAST ASSESSNENT OR RECORD ADJUSTNENT: 09-16-2002 PRINCIPAL TAX DUE: PAYNENTS (TAX CREDITS): PAYHENT RECEIPT DATE NUNBER 02-20-2004 CD005585 TCOUNT (+) /PEN PAID (-) 1,973.82- ANOUNT PAID 26,564.09 24,556.45 ZF PAZD AFTER THIS DATE, SEE REVERSE SIDE FOR CALCULATION OF ADDZTZONAL INTEREST. ( ZF TOTAL DUE ZS LESS THAN 91, NO PAYNENT ZS REQUIRED. TOTAL TAX CREDIT DALANCE OF TAX DUE INTEREST AND PEN. ¥OYAL DUE 24,590.27 35.82CR .00 $3.82CR ZF TOTAL DUE ZS REFLECTED AS A "CREDIT" (CR), YOU HAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORH FOR INSTRUCTIONS. ) BUREAU OF TNDZVTDUAL TAXES TNHERTTANCE TAX nTVTSTON DEPT. Z80601 HARRISBURG, PA 171Z8-0601 COHHONNEALTH OF PENNSYLVANTA DEPARTNENT OF REVENUE INHERITANCE TAX STATEHENT OF ACCOUNT REV-1607 EX &FP C01-05) HANILTON C DAVIS ZULLINGER-DAVIS PO BOX 40 SHIPPENSBURG DATE 05-Z9-Z004 · ESTATE OF GUTSHALL ELW00D R DATE OF DEATH 11-02-Z001 FILE NUNBER 21 01-1052 COUNTY CUHBERLAND ACN 101 Amount HAKE CHECK PAYABLE AND RENZT PAYNENT TO: REGISTER OF WILLS CUNBERLAND CO COURT HOUSE CARLISLE, PA 17015 NOTE: To /nsure proper credi* ~o your eccoun~, submi~ ~he upper portion of ~his form wi~h your ~ax payment. CUT ALONG THTS LTNE ~ RETATN LONER PORTTON FOR YOUR RECORDS ~ REV-1607 EX AFP (01-03) ~## TNHERITANCE TAX STATEHENT OF ACCOUNT ESTATE OF GUTSHALL ELWOOD R FZLE NO. 21 01-1052 ACN 101 DATE 05-29-2004 THTS STATEHENT TS PROVTDED TO ADVISE OF THE CURRENT STATUS OF THE STATED ACN TN THE NAHED ESTATE. SHOWN BELOW/ TS A SUHHARY OF THE PR/NC/PAL TAX DUE, APpLTCATTON OF ALL PAYHENTS, THE CURRENT BALANCE, AND, TF APpLTCABLE, A PROdECTED TNTEREST FIGURE. DATE OF LAST ASSESSNENT OR RECORD ADJUSTHENT: 09-16-2002 PRINCIPAL TAX DUE: ........................................................................................................................................................................................................................... PAYHENTS (TAX CREDITS): 24,556.q5 PAYHENT RECEIPT DISCOUNT ¢+) AHOUNT PAID DATE NUNBER INTEREST/PEN PAID ¢-) 02-20-2004 CD005585 1,975.82- 26,564.09 ZF PAID AFTER THIS DATE, SEE REVERSE SIDE FOR CALCULATION OF ADDITIONAL INTEREST. ( ZF TOTAL DUE ZS LESS THAN $1, NO PAYNENT ZS REQUIRED. ZF TOTAL DUE ZS REFLECTED AS A "CREDIT" [CR), TOTAL TAX CREDIT 24,590.27 BALANCE OF TAX DUE $$.82CR INTEREST AND PEN. .00 TOTAL DUE 33.SZCR YOU HAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORN FOR INSTRUCTIONS. ) PAYMENT: Detach the top portion of this Notice and submit with your payment made payable to the nasa and address printed on the reverse side. -- If RESIDENT DECEDENT make check or money order payable to: REG:I:STER OF N:ILLS, AGENT. -- /f NON-RES/DENT DECEDENT make check or money order payable to: CONNONNEALTH OF PENNSYLVANTA. REFUND (CR): A refund of a tax credit, which Nas not requested on the Tax Return, may be requested by completing an "Application for Refund of Pennsylvania /nheritance and Estate Tax" (REV-1313). Applications are available at the Office of the Register of Nills, any of the Z3 Revenue District Offices or from the Department's 24-hour answering service for forms ordering: 1-800-56Z-ZOSO; services for taxpayers with special hearing and / or speaking needs= 1-800-~47-$0Z0 (TT only). REPLY TO: Questions regarding errors contained on this notice should be addressed to: PA Department of Revenue, Bureau of IndividuaZ Taxes, ATTN: Post Assessment Review Unit, Dept. 280601, Harrisburg, PA 171Z8-0601, phone (7173 787-6SOS. DISCOUNT: /f any tax due is paid within three (5) calendar months after the decadent's death, a five percent ESI) discount of the tax paid is alZowed. PENALTY= The 15Z tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not paid before January 18, 1996, the first day after the end of the tax amnesty period. /NTEREST: Interest is charged beginning with first day of delinquency, or nine (9) months and one (1) day from the date of death, to the date of payment. Taxes which became delinquent before January 1, 1982 bear interest at the rata of six (6Z) percent per annum calculated at a daily rate of .O0016q. Al1 taxes which became deIinquent on and after January 1, 198Z will bear interest at a rate which will vary from calendar year to calendar year with that rate announced by the PA Department of Revenue. The applicable interest rates for 198Z through ZOo4 are: Interest Daily Interest DaiZy Interest Year Rate Factor Year Rate Factor Year Rata 1982 ZOZ .000548 1988-1991 11Z .000301 ZOO1 9Z 1983 16Z .000~$8 1992 9Z .O00Zq7 ZOOZ 6Z 1984 11Z .000301 1993-1994 7Z .000192 2003 5Z 1985 13Z .000356 1995-1998 9Z .000Z47 2004 qZ 1986 lO/ .00027q 1999 7Z .00019Z 1987 9Z .0002q7 ZOO0 8Z .000219 Daily Factor .000247 .00016q .000137 .000110 --Interest is calculated as follows: ZNTEREST= BALANCE OF TAX UNPAZD X NUNBER OF BAYS DBLZNQUENT X DAZLY ZNTEREST FACTOR --Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (15) days beyond the date of the assessment. /f payment is made after the interest computation date sheen on the Notice, additional interest must be calculated. BUREAU OF INDIVIDUAL TAXES T#HERZTANCE TAX DTVTSZDN DEPT. 28060! HARRTSBURG, PA 1712D-0601 COMHONNEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE INHERITANCE TAX STATEHENT OF ACCOUNT REV-I&07 EX AFP C01-05) HAMILTON C DAVIS ZULLINGER-DAVIS PO BOX ~0 SHIPPENSBURG PA 17257 DATE 05-17-200~ ESTATE OF GUTSHALL DATE OF DEATH 11-02-2001 FILE NUMBER 21 01-1052 COUNTY CUMBERLAND ACN 101 L Amoun~ Rem i 'l:'l:ed ELNOOD R HAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF MILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17015 NOTE: To insure proper credi~ ~o your account:, submi~ ~he upper portion of ~:his fore wi~ch your ~ex payment:. CUT ALONG THIS LINE ~ RETAIN LONER PORTION FOR YOUR RECORDS ~ ESTATE OF GUTSHALL ELNOOD R FILE NO. 21 01-1052 ACN 101 DATE 05-17-200~ THIS STATEMENT ZS PROVIDED TO ADVISE OF THE CURRENT STATUS OF THE STATED ACN ZN THE NAHED ESTATE. SHO#N BELO# TS A SUHHARY OF THE PRINCIPAL TAX DUE:, APPLZCATTON OF ALL PAYHENTS:. THE CURRENT BALANCE, AND, ZF APPLICABLE, A PROJECTED INTEREST FIGURE. DATE OF LAST ASSESSMENT OR RECORD ADJUSTMENT: 01-02-200~ PRINCIPAL TAX DUE: ......................................................................................................................................................................................................................... PAYMENTS (TAX CREDITS): 2~,556.~5 PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID DATE NUMBER INTEREST/PEN PAID ¢-) 1,973.82- 0Z-20-200~ 05-05-200~ CD005585 REFUND .00 26,56~.09 33.82- TOTAL TAX CRED/T 24,556.~5 BALANCE OF TAX DUE .00 INTEREST AND PEN. .00 TOTAL DUE .00 ZF PAZD AFTER TH/S DATE, SEE REVERSE SIDE FOR CALCULATION OF ADDXTZONAL INTEREST. ZF TOTAL DUE KS LESS THAN $1, NO PAYHENT XS REQUIRED. IF TOTAL DUE IS REFLECTED AS A 'CREDIT" YOU HAY BE DUE A REFUND. SEE REVERSE SIDE OF TH/S FORM FOR /NSTRUCT/ONS. PAYNENT: Detach the top portion of this Notice and submit Hith your payment made payable to the name and address printed on the reverse side. -- If RESIDENT DECEDENT make check or money order payable to: REGISTER OF #ILLS, AGENT. -- If NON-RESIDENT DECEDENT make check or money order payable to: COHHONNEALTH OF PENNSYLVANIA. REFUND (CR): A refund of a tax credit, which was not requested on tho Tax Return, may be requested by completing an "Application for Refund of PennsyZvania Inheritance and Estate Tax" (REV-1315). Applications are available at the Office of the Register of Hills, any of the Z3 Revenue District Offices or from the Department's Z4-hour answering service for fores ordering: 1-BOO-36Z-ZOSO; services for taxpayers with special hearing and / or speaking needs: 1-BOO-447-50ZO (TT only). REPLY TO: Questions regarding errors contained on this notice should be addressed to: PA Department of Revenue, Bureau of Individual Taxes, ATTN: Post Assessment Review Unit, Dept. Z80601, Harrisburg, PA 171ZB-0601, phone (717) 787-6505. DXSCOUNT: If any tax due is paid within three (3) calendar months after the decedent's death, a five percent (SI) discount of the tax paid is allowed. PENALTY: The 15Z tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not paid befare January lB, 1996, the first day after the and of the tax amnesty period. INTEREST: Interest is charged beginning with first day of delinquency, or nine (9) months and Dna (1) day from the date of death, to the date of payment. Taxes which became delinquent before January 1, 1982 bear interest at the rate of six (SI) percent par annum caZculatad at a daily rate of .000164. Ail taxes which became delinquent on and after January 1, 198Z will bear interest at a rate which Hill vary from calendar year to calendar year with that rate announced by the PA Department of Revenue. The applicable interest rates for 1982 through 2004 are: Interest Daily Interest Daily Year Rate Factor Year Rate Factor Year L98Z ZOZ .00054B 1988-1991 llZ .OOOSOZ ZOO1 1985 16Z .000438 1992 92 .000247 200Z leS4 llX .000301 1993-1994 72 .000192 ZOOS 1985 132 .000356 1995-1998 9Z .000Z47 2004 1986 lOZ .OOOZ74 1999 7Z .00019Z 1987 9Z .000Z47 ZOO0 BX .000Z19 Interest Daily Rate Factor 9Z .000247 6Z .000164 5Z .000137 4Z .000110 --Interest is calculated as follo~s: INTEREST = BALANCE OF TAX UNPAID X NUNBER OF DAYS DELINQUENT X DAILY INTEREST FACTOR --Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (LB) days beyond the data of the assessment. If payment is made after the interest computation date shown on the Notice, additional interest must be calculated. Cumberland County - Register Of Wills One Courthouse Square Carlisle, PA 17013 Phone: (717) 240-6345 Date: 12/01/2004 DAVIS HAMILTON C P O BOX 040 SHIPPENSBURG, PA 17257-0040 RE: Estate of GUTSHALL ELWOOD R SR File Number: 2001-01052 Dear Sir/Madam: It has come to my attention that you have not filed the Status Report by Personal Representative (Rule 6.12) in the above captioned estate. As per the AMENDMENTS TO SUPREME COURT ORPHANS' COURT RULES, NO. 103 SUPREME COURT RULES DOCKET NO. 1, for decedents dying on or after July 1, 1992, the personal representative or his counsel, within two (2) years of the decedent's death, shall file with the Register of Wills a Status Report of completed or uncompleted administration. This filing will become delinquent on: 11/02/2004 Your prompt attention to this matter will be appreciated. Thank You. Sincerely, GLENDA FARNER STRASBAUGH REGISTER' OF WILLS CC: File Personal Representative(s) Judge Cumberland County - Register Of Wills One Courthouse SquaLe Carlisle, PA 17013 Phone: (717) 240-6345 Date: 10/10/2005 DAVIS HAMILTON C 20 E BURD ST STE 6 PO BOX 40 SHIPPENSBURG, PA 17257-0040 RE: Estate of GUTSHALL ELWOOD R SR File Number: 2001-01052 Dear Sir/Madam: It has come to my attention that you have not filed the Status Report by Personal Representative (Rule 6.12) in the above captioned estate. As per the AMENDMENTS TO SUPREME COURT ORPHANS' COURT RULES, NO. 103 SUPREME COURT RULES DOCKET NO.1, for decedents dying on or after July I, 1992, the personal representative or his counsel, within two (2) years of the decedent's death, shall file with the Register of Wills a Status Report of completed or uncompleted administration. This filing is due by: 11/02/2005 Your prompt attention to this matter will be appreciated. Thank You. Sincerely, ~-~~~ GLENDA FARNER STP~SBAUGH REGISTER OF WILLS cc: File Personal Representative(s) Judge t-V Cumberland County - Register Of Wills One Courthouse Square Carlisle, PA 17013 Phone: (717) 240-6345 Date: 10/10/2005 DAVIS HAMILTON C 20 EAST BURD STREET SHIPPENSBURG, PA 17257 RE: Estate of GUTSHALL ELWOOD R SR File Number: 2001-01052 Dear Sir/Madam: It has come to my attention that you have not filed the Status Report by Personal Representative (Rule 6.12) in the above captioned estate. As per the AMENDMENTS TO SUPREME COURT ORPHANS' COURT RULES, NO. 103 SUPREME COURT RULES DOCKET NO.1, for decedents dying on or after July 1, 1992, the personal representative or his counsel, within two (2) years of the decedent's death, shall file with the Register of Wills a Status Report of completed or uncompleted administration. This filing is due by: 11/02/2005 Your prompt attention to this matter will be appreciated. Thank You. Sincerely, ~~~ GLENDA FARtJER STRASBAUGH REGISTER OF WILLS cc: File Counsel Judge __ \..7 Cumberland County - Register Of Wills One Courthouse Square Carlisle, PA 17013 Phone: (717) 240-6345 Date: 10/10/2005 BEIDEL SUSAN 9388 MOWERSVILLE ROAD NEWBURG, PA 17240 RE: Estate of GUTSHALL ELWOOD R SR File Number: 2001-01052 Dear Sir/Madam: It has come to my attention that you have not filed the Status Report by Personal Representative (Rule 6.12) in the above captioned estate. As per the AMENDMENTS TO SUPREME COURT ORPHANS' COURT RULESt NO. 103 SUPREME COURT RULES DOCKET NO. It for decedents dying on or after July I, 1992t the personal representative or his counsel, within two (2) years of the decedent's deatht shall file with the Register of Wills a Status Report of completed or uncompleted administration. This filing is due by: 11/02/2005 Your prompt attention to this matter will be appreciated. Thank You. SincerelYt .~~J~ GLENDA FARNER STRASBAUGH REGISTER OF WILLS cc: File Counsel Judge !-if STATUS REPORT UNDER RULE 6.12 Name of Decedent: Elwood R. Gutshall. Sr. Date of Death: 11/0212001 Estate No. 2001-01052 Pursuant to Rule 6.12 of the Supreme Court Orphans' Court Rules, I report the following with respect to completion of the administration of the above-captioned estate: 1. State whether administration of the estate is complete: Yes X No_ 2. If the answer is No, state when the personal representative reasonably believes that the administration will be complete: 3. If the answer to No.1 is Yes, state the following: a. Did the personal representative file a final account with the Court? Yes No X b. The separate Orphans' Court No. (if any) for the personal representative's account is: c. Did the personal representative state an account informally to the parties in interest? Y es~ No_ d. Copies of receipts, releases, joinders and approvals of formal or informal accounts may be filed with the Clerk of the Orphans' court and may be attached to this report. #flJ '--- Hamilton C. Davis, Esquire P.O. Box 40 Shippensburg, P A 17257 (717) 532-5713 Date: /(J /3/ / Db I I Capacity: _ Personal Representative XX Counsel for Personal Representative 98 :z ~.!d I S IJO SOOZ f' ~'~ i .) i .~;.,) -in -1,\' U'~j O-'(li'l i(\("-j'! I ,jlJ J0i]Jv ' :h.JOiv1'.j.:.d \/{;