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02-11-09 (2)
1505607120 REV-1500 ~ (OS-05) OFFICIAL USE ONLY PA Department of Revenue County Code Year File Number Bureau of Individual Taxes INHERITANCE TAX RETURN Po Box.2soso~ 21 0 8 0 6 3 2 Harrisburg, PA 17128-OSO1 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 186 28 6618 05 12 2008 09 30 1935 Decedent's Last Name Suffix Decedent's First Name MI HECKERT CHARLES R (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number THIS RETURN MUST BE FILED IN (DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW ice, 1. Original Return ^ 2. Supplemental Return ^ 3. Remainder Retum (date of death prior to 12-13-82) ^ 4. Limited Estate ^ qa_ Future Interest Compromise ~ 5. Federal Estate Tax Return Required lrlafo of rlaath aftwr 17-17-871 X 6 Decedent Died Testate ^ ~ Decedent Maintained a Living Trust Q 8. Total Number of Safe Deposit Boxes ^ (Attach Copy of WII) (Attach Copy of Trust) 9. Litigation Proceeds Received 1 p. Spousal Poverty Credit (date of death ~ 11. Election to tax under Sec. 9113(A) ^ between 12-31-91 and 1-1-95) (Attach SCh. O) CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number JENNIFER B. HIPP 7]L7 737 8761 Firm Name (If Applicable) BOGAR AND HIPP LAW OFFICES First line of address 1 WEST MAIN STREET Second line of address City or Post Office State ZIP Code SHIREMANSTOWN PA 17011 Correspondent's a-mail address: rU c~ REGISTER OF,t,Lp1LLS US~ILY -` ' _? ,~-~ ~ , - ; ; , ._.. ...,_t - , _`f ` . ` ' : _ ! _ ' .L? N - _.~ .. DA~FILED ~ i :. 7 _~ -'~-r Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct and complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. 1 West Mein Street, Shiremanstown, PA 17011 Side 1 1505607120 1.505607120 J L r 256E Main Street, Shiremanstown, PA 17011 SIGNATU OF PREPARER OTHER THAN REPRESENTATIVE DATE ^ ~, ~~ Jennifer B. Hipp a ~ ~ ~ ~~ REV-1500 EX Decedent's Name: CharieS R. Heckert RECAPITULATION 1505607220 1. Real Estate (Schedule A) ..................................................................................... 2. Stocks and Bonds (Schedule B) ........................................................................... 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C).......... 4. Mortgages 8~ Notes Receivable (Schedule D) .......................................................... 5• Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) ................ 6. Jointly Owned Property (Schedule F) ~ Separate Billing Requested ............. 7. Inter-Uvos Transfers i;< Miscellaneous Non-Probate Property (Schedule G) ~ Separate Billing Requested ............. 8. Total Gross Assets (total Lines 1-7) ....................................................................... Decedent's Social Security Number ].86 28 6618 1 92,518.70 2 941.29 3. 4. 5 519.40 6 1,809.45 7. 8. 95,788.84 9. Funeral Expenses & Administrative Costs (Schedule H) ......................................... 9. 10. Debts of Decedent, Mortgage Liabilities, i;< Liens (Schedule I) ................................ 10. 11. Total Deductions (total Lines 9 & 10) ...................................................................... 11. 12. Net Value of Estate (Line 8 minus Line 11) ............................................................. 12. 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) ................................................. 13. 14. Net Value Subject to Tax (Line 12 minus Line 13) ................................................. 14. 13,021.00 49,474.67 62,495.67 33,293.17 33,293.17 TAX COMPUTATION -SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) X .00 0 0 0 15. 16. Amount of Line 14 taxable at lineal rate X .045 0 0 0 16. 17. Amount of Line 14 taxable at sibling rate X .12 7, 8 7 0. 9 4 17. 18. Amount of Line 14 taxable at collateral rate X .15 2 5, 4 2 2. 2 3 18. 19. Tax Due .................................................... ................................................................ . 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. Side 2 1505607220 1505607220 0.00 0.00 944.51 3,813.33 4,757.84 J REV-1500 EX Page 3 Decedent's Complete Address: File Number 21-08-0632 DECEDENT'S NAME Charles R. Heckert STREET ADDRESS 256 E. Main Street CITY Shiremanstown STATE ZIP PA 17011 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount 3. InteresUPenalty if applicable p. Interest E. Penalty 0.00 Total Credits (A + B + C) (1) 4,757.84 (2) 0.00 (3) Total InteresUPenalty (D + E) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 2 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. A. Enter the interest on the tax due. g. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (4) (5) 4,757.84 (5A) (56> 4,757.84 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 :.................................................................................. b. retain the right to designate who shall use the property transferred or its income :.................................... ^ c. retain a reversionary interest; or ................................................................................................................. ^ 0 d. receive the promise for life of either payments, benefits or care? ............................................................. ^ 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? ....................................................................................................................... ^ ^x 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death?......... ^ 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? ...................................................................................................................... ^ 0 IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. For dates of death on or after Jul 1, 1994 and before Janua 1, 1995, the tax rate im osed on the net value of transfers to or for the use of the~~ surviving spouse is three (3) percent [72 P.S. §9116 (a) (1.1) (i)]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is zero (0) percent [72 P.S. §9116 (a) (1.1) (ii)]. The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is zero (0) percent [72 P.S. §9116 (a) (1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is four and one-half (4.5) percent, except as noted in 72 P.S. §9116 1.2) [72 P.S. §9116 (a) (1 )]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is twelve (12) percent [72 P.S. §9116 (a) (1.3)]. A sibling is defined under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. Rev-7502 EX+ (6-98) SCHEDULE A REAL ESTATE COMMONWEALTH OF PENNSYLVANIA INHERrrANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Heckert ,Charles R. 21-08-0632 All real property owned solely or as a tenant fn common must be reported at fair market value. Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts. Real property which is jointlyowned with right of survivorship must be disclosed on achedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH Real Estate -All that certain piece or parcel of real estate having erected thereon a dwelling house being known and numbered as 256 E. Main Street, Shiremanstown, Cumberland County, Pennsylvania, being tax parcel no. 37-23-0555-201. The property was acquired by Priscilla E. Russell, married individual, as to a one-fourth (114) interest, Charles W. Russell, married individual, as to a one-fourth (114) interest, and Charles R. Heckert, single individual, as to a one-half (112) interest, the relationship of the two (2) one-fourth (114) interests to the one (1) one••half (112) interest being that of tenants in common without the right of survivorship. A copy of the deed is attached hereto. It is respectfully submitted that the fair market value of the real estate is as follows: $151,670.00 (County Assessed Value) x 1.22 (Common Level Ratio) _ $185,037.40. The Decedent's one-half (1/2) interest in this property is valued at $92,518.70. 92,518.70 TOTAL (Also enter on Line 1, Recapitulation) ~ 92,518.70 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule A (Rev. 6-98) Tax Parcel TJo. 37-23-0555-201 __,~ !'!7'r 5 ~il'1 `~ i THIS DEED, MADE THE ~~'~ day of A-'~tr'i ~ in the year two thousand six (2006) BETWEEN DOROTHY M. NAGLE, single individual, of Leesville, Louisiana, PRISCILLA E. RUSSELL, formerly known as PRISCILLA E. HECKERT, and CHARLES W. RUSSELL, wife and husband, of Shiremanstown, Cumberland County, Fennsylvania, and CHARLES R. HEC3{ERT, single indi- vidual, of Shiremanstown, Cumberland County, Penn- sylvania, Grantors, and PRISCILLA E. RUSSELL, married individual, as to a one-fourth (1/4) interest, CHARLES W. RUSSELL, married individual, as to a one-:Fourth (1/4) in- terest, and CHARLES R. HECKERT, single individual, as to a one-half (1/2) interest, the relationship of the two (2) one-fourth (1/4) and the one (1) one-half (1/2) interest to be that of tenants in common without the right of survivorship, all of. Shiremanstown, Cumberland County,, Pennsylvania, Grantees: WITNESSETH, that in consideration of One and No/100 Dollars ($1.00), in hand paid, the receipt whereof is hereby acknowl- edged, the said Grantors do hereby grant and convey to the said Grantees, their heirs and assigns: ALL THAT CERTAIN piece or parcel of land situate: in the Borough of Shiremanstown, Cumberland County, Pennsylvania, bounded and described as follows, to wit: BEGINNING at a point on the South side of Main :street on the line of Lot now or late of Susan Mater; thence along the said street eastwardly a distance of thirty-two (32) feet to a point at the line of Lot late of the Estate of J. 0. Sensema:n, deceased; thence along the line of said last mentioned pr~cperty southwardly a distance of one hundred sixty-three (163) feet, more or less, to Courtland Alley; thence along said Alley westwardly a distance of thirty-two (32) feet to a point at the line ~~f Lot last of Susan Mater aforesaid; thence along the line of said lot north- wardly a distance of one hundred sixty-three (163) feet, more or less,. to the point and place of BEGINNING. HAVING erected thereon a two and one-half story frame dwelling house known and designated as No. 256 East Main Street, Shiremanstown, Pennsylvania. BEING the same premises which Henrietta M. Heck•=_rt, single individual, by deed dated January 30, 1974 and :recorded January 31, 1974 in the Cumberland County Recorder of Deeds Office in Deed Book "M", Vol. 25, Page 423, granted and conveyed unto Dorothy M. Nagle, Priscilla E. Heckert and Charles R. Heckert, the Grantors herein. Priscilla E. Russell, formerly known as Priscilla E. Heckert, is intermarried with Charles W. Russell, who joins in this conveyance. AND the said Grantors hereby covenant and agree that they will warrant specially the property hereby conveyed. THIS IS A CONVEYANCE FROM SIBLINGS TO SIBLINGS AI~TD BROTHER-IN-LAW AND IS, THEREFORE, EXEMPT FROM THE PAYMENT OF REALTY TRANSFER TAXES. IN WITNESS WHEREOF, said Grantors have hereunto set theirs hands and seal the day and year first above written. Signed, Sealed and Delivered in the Presence of P ~~ f . ~ l ~ ~ ,•. ~-~.! ~ll/i, c_~ -~'J.-~~._ (SEAL ) b-~-z--T-;~- DOROTHY M.;;~AGL~ - . ~~_:.~-.r._i~~ ~ ..'~~~_ ,rte"- ( SEAL ) PRISCILLA E. RUSSELL, formerly known as PRISCILLA E. HECKERT CHARLE W. RUSSELL, ~~ 7 ~~ ~ ~ ~-.l'_. ~~ (SEAL) ,; CHARLES R. HECKERT' STATE OF LOUISIANA ~{?K1Si~ SS. C6~'`~ OF ~~ Y" )'t,0 ~ , On this, the ~7 day of ~f r' l 2006, before me, the undersigned officer, personally appeared DOROTHY M. NAGLE, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument, and acknowledged that she executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. r .-'~ -, Notary Public .~.e ,~~~c~~~3J My Commission Expires: - , COMMONWEALTH OF PENNSYLVANIA SS. COUNTY OF CUMBERLAND On this, the ~+)`-' day of ~1U-~~ 2006, before me, the undersigned officer, personally appeared PR_LSCILLA E. RUS- SELL, formerly known as PRISCILLA E. HECKERT, CHARLES W. RUSSELL, and CHARLES R. HECKERT, known to me (or satisfactorily proven) to be the persons whose names are subscribed to the' within instru- ment, and acknowledged that they executed the same for the purposes therein contained. seal. ~- ~~ G7~ Y1 ~Q C~ : C~~L.l~i~~ U~~ ( SEAL ) Notary Public My Commission Expires: COMMONWEALTH OF PENNS'YLYANUI IN WITNESS WHEREOF, I hereunto set my hand and official NOTARIAL SEAL BONNIE L. WILLIAMS, NOTARY PUBLIC SHIREMANSTOWN BORO., CUMBERLAND CO. MY COMMISSION IXPIRES APRIL 18, 2009 I do hereby certify that the precise residence and complete post office address of the within named grantees is: ~5r~ L • I~CC in ,Ef (~~2~ ~~ ~I 200 ~• •r e -~ ~-~ sl~~u~.-, ~A i ~ ~a f 6 ~ ~ JENNIF B. HIPP, ESQUIRE_ Attorney for Grantees ~ti 1 S Rev-1503 FJ(+ (6-98) SCHEDULE B STOCKS & BONDS COMMONWEALTH OF PENNSriVANIA INHERRANCE TAX RETURN RESIDENT DECEDENT ESTATE OF (FILE NUMBER Heckert ,Charles R. 21-08-0632 All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER CUSIP NUMBER DESCRIPTION UNIT VALUE VALUE AT DATE OF DEATH 1 012653101 16 shares of Albemarle Corporation -Common Stock 4G1.60 665.60 2 894650100 19 shares of Tredegar Industries, Inc. -Common Stock 14.51 275.69 TOTAL (Also enter on Line 2, Recapitulatioin) 941.29 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule B (Rev. 6-98) Albemarle -Investor information -Historical price lookup Home Investor information> Investor resou2es > Stock Infonnalion > Historical price lookup 8 Printable version Historical price lookup W Stock information i Stock chart ~ Historical pace lookup ~ Stock calculator Historical Quote Lookup Symbol: ALB (Common) Enters Date: ,.May 12 2008... _ .'~(jS (Historical data a adjustetl to reflect stock splilsJ Closing Price 41.611 Volume (DOD) 7,245,3110 Days Hign 41.75 Curtency US Dollar Days Low 40.31 Excnange NYSE Open 41.75 Date 06/72/08 Copyright®Albemade Corporation (1999-2009). All Rights Reserved. /G Shares X ~ `II GG =~~(~5 (~0 Page 1 of 1 http://phx.corporate-ir.net/phoenix.zhtml?c=117031&p=irol-stocklookup&t=HistQuote 1/6/2009 0 c m z~ a° ~m ~o~ ~~m 0 o ~.. 'a Z s ni o a ~~. \ 4 ~, ~-- ~ ~ ,~ •,£~ ~~ ~' 5 J ~ ~; "~ . .:. c r ~;; ~ ~= G. ~ { o n ~~ z o Z ., D A y~ N ~ ~~ y D W r m C ~ w D m C 1 t to O ~ a -i 2 m n 0 ~. ~,• s o P ~4 Z 4 y 5 p O ~. .. 4+ ~ 11 ~ O `^\ z k . V ~ ~\ ~, <~~ m _ r "~ 0 ~;y, 4 "O `~ o ~1 ~° D m D n `m Z a A o " ~ O 8 D O 2 O ~_ O Z - a, N O C7 N n Z ~ ~ n z n 3 r n O -{ a ~ Z o ~ ~ _ ? O oT a ~ m n vl O v ~ a o O ~ Z N o- ~ w n r ~ - o H ~ Tredegar Corporation -Historical Price Lookup Cll. ~~ A global manufacturer of plastic films and aluminum extrusions. C OR~GRATiU7:. Nome About Tredegar Our Businesses Investor Relations News Investor Relations Historical Price Lookup Earnings Annua( Reports Proxy SEC Filings Edgar-Online. User agreement applies. Financial Summary Historical and current end-of--day data provided by Interactive Data Corp. Stock Information Intraday data is at least 20-minutes delayed. All times are ET. Intraday data y Stock Quote provided by 5&P Comstock and subject to terms of use. -Stock Chart -Stock Lookup Investment Calculator Stock Splits & Dividends Symbol: TG (Common Stock) Presentations _ - - _ Analysts Lookup Date: -May 12 2008 Shareholder Services Information Requests .n ~mun~~ w ~ ~~ngpi,f I^~~'O_uu,u~si;e.? Date Requested: 05/12/08 Closing Price: $14.51 Volume: 214,220 Split Adjustment Factor: 1.0000:1 Open: $14.66 Day's High: $14.66 Day's Low: $14.23 NOTE: The Closing Price, Day's High, Day's Low, and Day's Volume have been adjusted to account for any stock splits and/or dividends which may have occurred for this security since the date shown above. The' Actual Price is not adjusted for splits or dividends. The Split Adjustment Factor is a cumulative factor which encapsulates al/ splits since the date shown above. The closing price above is not necessarily indicative of future price performance. F~,r-~! as, EDGAii'od~ Replication or redistribution of EDGAR Online, Inc. content is expressly prohibited without the prior written consent of EDGAR Online, Inc. EDGAR Online, Inc. shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Careers Tredegar Corporation does not own or maintain the Historical Price Lookup page on this Web site. Thomson Financial owns and maintains this page. Neither Tredegar nor Thomson Financial guarantees or warrants the accuracy, completeness, or timeliness of the information on the Tredegar Historical Price Lookup page. Visitors to the Tredegar Historical Price Lookup page should not rely on the information on this page for investment purposes. Neither Tredegar Corporation nor Thomson Financial will be liable for an}~ loss or damages, whether direct indirect, incidental, special, consequential, or exemplary, that arise from reliance on information on the TredeS~ar Historical Price Lookup page or from investment in Tredegar stock. ~i Legal Notice ~ Privacy Statement FAQs Contact Us Quick Finder ~'~};'i _ ~,~, © 2003-2008 All Rights Reserved Tredegar Corporation ~9 Shares X ~ l N. S 1 = ~ a ~s. 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O m yy ~ ~\ a @ ~ ,y ~ a ~ f!~ 9 cn ~ c y `~ r r D v D Z v v n ~ Z O Z ~y, ~!"~ D (D i. ~~ m ~~ ~ ~ D W r ~ ~ 3 ~: m ~ x ~ .: ~ ~ D m ~r~ O T 2 C1 A ~ Z ! ~ O O s C1 A ~ r _ ~ R v ~ r ~ .,-, - - - -a.-., _~I aentvN~M aandoutrrd .`;: C ~ ,~j7 ~8~7i~, na NbHl..l'13tl ONb ~~ iL ~~/ y 1N3`JM d3j$NVG1j ~ / t b'(1NV13A31~1. .INV8 AL7:1tlNOLLtlN ~' ~ "' '~~03b319i`~3`30NV 43N~JISd3 1Nil z= n mm 0 ~m x~ 3 O o~ Z aw o ~ V1 ~ °' O ~~ ~ v i I 0 O O Z < H 9 ~ 0 m r n v~ H ~ ~I ~ ~ 0 o ,i C ~ ' T ~' n ~ zo No Rev1508 EX+ (6-98) COMMONWEALTH OF PENNSYLVANIA INHERRANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, 8~ MISC. PERSONAL PROPERTY ESTATE OF (FILE NUMBER Heckert ,Charles R. 21-08-0632 Include the proceeds of litgation and the date the proceeds were received by the estate. All property joindyowned with the right of survivorship must be disclosed on schedule F. (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule E (Rev. 6-98) Rev-1509 F~(+ (6-98) SCHEDULE F COMMONWEALTH OF PENNSYLVANL4 JOINTLY-OWNED PROPERTY INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Heckert ,Charles R. 21-08-0632 M an asset was made joint within one year of the decedent'a date of death, it must be reportxf on schedule G. SURVIVING JOINT TENANT(S) NAME ADDRESS RELATIONSHIP TO DECEDENT A. Keith A. Heckert 256 E. Main Street Nephew Shiremanstown, PA 17011 B. Gwen Massie Simpson UNKNOWN Niece C. JOINTLY OWNED PROPERTY: ITEM NUMBER LETTER FOR JOINT TENANT DATE MADE JOINT DESCRIPTION OF PROPERTY INCLUDE NAME OF FINANCIAL INSTITUTION AND BANK ACCOUNT NUMBER OR SIMILAR IDENTIFYING NUMBER. ATTACH DEED FOR JOINTLY-HELD REAL ESTATE. DATE OF DEATH VALUE OF ASSET % OF DECD'S INTEREST DATE OF DEATH VALUE OF DECEDENT'S INTEREST 1 Sovereign Bank -Savings Account No. 3.413.05 50.000% 1,706.53 0574105102 -date of death balance $3,410.56; accrued interest $2.49 2 Sovereign Bank -Savings Account No. 205.84 50.000% 102.92 1684013608 -date of death balance $205.07; accrued interest $0.14 TOTAL (Also enter on Line 6, Recapitulation) I 1,809.45 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule F (Rev. 6-98) Sovereign Bank Court Ordered Processing \ Decedents - MAl-MB3-02-10 - P. O. Box 841005 -Boston, MA 02284 August 21, 2008 Jennifer B Hipp James D Bogar Attorney At Law One West Main Street Shiremanstown, PA 17011 RE: Estate of Charles R Heckert Date of Death: 05/12/2008 Dear Jennifer B Hipp: Per your request, enclosed please find the account information as of the date of death for the above-named decedent. For your information, accrued interest is not included in the date of death balance. Please feel free to contact me if I can be of any further assistance. Very truly yours, /" ~~ <~ Donna Pen a Lead Specialist 61 ?-533-1789 Sovereign Bank ESTATE OF Charles R Heckert SOCIAL SECURITY #: 186-28-6618 DATE OF DEATH: May 12, 2008 Account #: 0574105102 Type Statement Savings Open date: 4/23/1997 In the name of: Charles R Heckert or Keith A Heckert Date of Death Balance: $3,410.56 Int.(YTD) from 1/1/2008 to 5/12/2008 . _ $5.73 Accrued interest to date of death: $2.49 Other Info: Closed 5/30/08 Account #: 1684013608 Type: Statement Savings Open date 12/30/2002 In the name of: Charles R Heckert or Gwen Massie Sampson Date of Death Balance: $205.07 Int.(YTD) from 1/1/2008 to 3/31/2008 _ $0.31 Accrued interest to date of death: $0.14 Other Info: Page 1 of 1 REV-1151 Ex+ (12-99) y ~ SCHEDULE H FUNERAL EXPENSES ~ COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN ADMINISTRATIVE COSTS RESIDENT DECEDENT ESTATE OF FILE NUMBER Heckert ,Charles R. 21-08-0632 Debts of decedent must be reported on Schedule I. ITEM DESCRIPTION AMOUNT NUMBER A. FUNERAL EXPENSES: See continuation schedule(s) attached ~ 8,446.00 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Keith A. Heckert Social Security Number(s) / EIN Number of Personal Representative(s): Street Address 156 E. Main Street city Shiremanstown state PA zip 17011 Year(s) Commission paid 2. Attorney's Fees Bogar and Hipp Law Offices 3,075.00 g, Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City State Zip Relationship of Claimant to Decedent 4. Probate Fees 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. Other Administrative Costs 1,500.00 See continuation schedule(s) attached TOTAL (Also enter on line 9, Recapitulation) 13,021.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98) SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE CIJSTS continued ESTATE OF (FILE NUMBER Heckert ,Charles R. 21-08-0632 ITEM NUMBER DESCRIPTION AMOUNT Funeral Expenses 1 Myers Funeral Home, Inc. 8,446.00 HI-A Subtotal 8,446.00 Other Administrative Costs 2 RESERVES: -Costs to conclude administration of Estate, including filing of PA 1,500.00 Inheritance Tax Return and Inventory; final personal income tax returns and fiduciary income tax returns HI-B7 Subtotal 1,500.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98) Rev-1512 E7(+ Is-~1 SCHEDULE 1 DEBTS OF DECEDENT, MORTGAGE LIABILITIES, 8~ LIENS COMMONWEALTH OF PENNSYLVANIA ESTATE OF (FILE NUMBER Heckert ,Charles R. 21-08-0632 Include unreimbursed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 People's Choice Home Loan, Inc. -Mortgage on 256 E. Main Street, Shiremanstown, 49,474.67 Cumberland County, Pennsylvania, dated June 28, 2006, in the principal amount of $104,500.00. (Copy attached) This mortgage is in the name of Charles W. Russell and Priscilla E. Russell, husband and wife, and Charles R. Heckert (the Decedent herein). The date of death balance of said mortgage is $98,949.35. One-half of said balance is a debt to Charles R. Heckert pursuant to his one-half ownership interest in the house, said amount being $49,474.67. TOTAL (Also enter on Line 10, Recapitulation) ~ 49,474.67 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule I (Rev. 6-98) ~~3~~i1~ ' ~ i`. ;:ICY ~~.. _.' ~~ ~~~ JUL 17 Aft li 56 ~ Br• People's Choice Home Loan, Inc. 7515 Irvine Center Drive. Irvine, CA 92618 (814)861.2700 Return To: ~j ?~ M Ott ~STRACT 341 NORTH SCIENCE PARK ROAD SUITE 205 G STATE COLLEGE, PA 16803 PH:814-272-1409 FAX:814-272-1410 Parcel Number: 37-23.0555.201 Premitaxt 256 EAST MAIN STREET, SHIRENANSTOWN, PENNSYLVANIA 17011 l8pacs AUosa1'hY l.les Frr RsewvlinBIfWOI MORTGAGE DEFINITIONS IrIDV 100273900103499736 Words used in multiple secdons of this document are deflra:d helow and other words are de8aed in Sections 3, 11, 13, 18, ZO end 21. Certain rules regarding the usage of wards reed is thin document are also pmMided in Section 16. (A) "Sew Inatrlmsent" means this dacumeM, which is dated June 28. 2006 , together with all Riders to this dacumeat. ~)"Bottower"ia CHARLES W. RUSSELL AND PRISCILLA E. RUSSELL, HUSBAND AND WIFE AND CHARLES R. HECKERT Borrower u the mortgagor under this Serattity Imtrument. (C) "b18R&" is Mortgage Eiearordc Ragistntion Systems, Inc. MFRS la a acparara corporation that is acting surely ae a nominee for Larder and Larder's aucceswta and assigm. Mffit$ fa the sortgspiee mtder thda Security Instr~eat. MFRS is orgardud aid exiatiag under the laws of Dehtware, and has an address and telephone rpunher o! P.O. Box 202b, PI1rN MI 48501-2025, td. (888) 679-MEAS. 10349973 PllNIBYLYANIA - Sh,pls Funny - Famie Mwfinddl~ INao UNIFORM MKTRt1MBtT WITH M6i9 -QAIPAI mao® Fwan 3039 ~1~/0~1~ v-o wra.v. sue., x,c. Isuga:i.tas~ P'X BK 1958PG3654 (D)"li.eoder"ls People's Choice Hame Lonn, Inc. leader is a CORPORATION organized anti existing artier the laws of iiYOM i Nn L.ender's address is 7515 IRYINE CENTER DR. , IRVINE, CA 92618 (L~ "Note" tneam the promissory note signed by Borrower acd dated June 26, 2006 TheNaeataxadtatBorrowaowesL,eaderONE HUNDRED FOUR THOUSAND FIYE HUNDRED AND Dann o Dollns N•s• S 104.5 0 0.00 )plus intcest. Honower has promised to pay chin debt in tcgtciar Periadlc Payment anti to pay the debt in Rill ant later dun August 1, 2036 (P) "Pr+opa~ty" means the Property that is described below under the heading "Trarofer of Right is the ~~, " (G7 "L,east" morns the debt evidenced by the Note, plus iatert:at, aaY P~Y~t ~ ~ ~ ~ due under the Note, and all soma due under this 5earriry iwtrumem, plus interest. ()~ "Riders" means all Riders to this 5ecudry Instrument 16at ace executed by Hotmwer. The following Riders are to be executed by Harrower [check box u applicable]: ® Adjuatable Rate Rider Coadetaictircm Rider Q Setbttd Home Rider Balloon Rider Plattcxd Unit Development Rider u 1-4 Fatally Rider VA Rider Biweekly Payment Rider u Other{a) L~~] (n "AppUcable ltaw" ttteans all cantrolliag appliablc federal, sate and local statute, regulation, ordlaaaca anti admiais~ativc Wrier and orders (that have the effect of law) as well as aD applitablt Snal, able judicial opinions. 41) rmlq Asaxlation Doe, Fes, and Aaaeasoteah" manor all does, fees, saesammt sad other charges that are Itttpored on Borrower or the Property by a coodaminium association, homeawaers esociation or similar argaaizatioa. (l17 "Sledrooic Fmdr Traoder" trteam nay traaffer of fiords, other than a tranacdoa origiwicd by check. draft, ar similar paper iaaavnem, which ra initiated through an tdecuode ttsminal, tclepirmic int[umeot, computer, or magttetlc tape m as to order. inahtcrx, or suthorizt a fictacceial'iastidctlon m debit ar credit an account. 5tcch perm includes, but Is not titnited to, potat-of-sale traoafett, atuamated teller machine tsaawaion, tnnfers initiated by telepbane, wire ttamfaa, anti automated cleathtghotoe tranfixs. (L) "Barrow Itme" mnana chose items that ace described is 5ectioo 3. (lYA °>~eooa IProeeuls" means any t:om teuiement, award of damages, ar paid by any third parry (other than inauraccce prod under the caveragtx described in S~for: (i) damage m, or destruction af, the Property; (ii) coademrsdoa or otitec takigg of all to nay part of the Propertry; (iii) comeyaxe in Iieu of coctdeautation; or (iv) miarepreeattion of, or omisaioaa m to, the valve andla condition of the Property, ~ Masi'gotge Inatcraoce" means itrsurance protecting Larder against the nanpaymeat of, or default an, (~ "Peeiodle P'aymeat" ateana the rre~~utt[[arty scbe~iled amount dot for (i) principal and interact utxier the Note, plus {ii) any amounts under SetYion 3 of thin Security Instrument. 10349973 -6A~PA11~"1 Pw~1d/P YtltWCC~`y'~l~ FOf1113O~a 1/O~ 8K 1958PG3655 (>~ ">iESPA" mane the Real Esroce Setdemeat Procxdwa Act (12 U.S,C. Sectioa 2601 et seq.) sad in imPlem~in6~ra~Wsdoa Re~ulatjwt~.F.>~~ tl+a't u they adyfit be atueoded from lima m time, or any bond or auccasor I or the amts atabject ~ in this Secority Instntmertt, `RESPA" refers m dl regnirtanmts and taatrictlons That asrtlke to a "federally relatai rrmrtgage toes' even if the Loan does not quality as a "tedetaRy related mortaaae loan' under RESPA. (Q) "Soccmrec is Iutvest of Borrower" mans any patty that has talons title m the Property. whether or not that parry hu assumed Borrower's obligators under the Note aM/or this Security Instrtttmnt. TRANSPBR OF RIGHTS 1N THE PROPHRTY This Security Iasunmrsat secures m Lender. (i) the tepeyttrent of the Loan, and all nmearala, axtemtors and modification of the Note; and (li) the performetax of Bottower's coveronts amd agroeaneote under this Seauity Intrumoat sad the Noce. For thin purpose, Borrower don hereby mortgage, gam and convey m MfiRS (solely u nominee for Leader and Lender's sttaxuors sad aesigaa) and m the scrams and aasigas of MERS, the following described property located in the COUNTY lTypeotR~lviedlrslml of CUMBERLAND [NsafsofReomdio{Jude~gloo]: SEE LEGAL DESCRIPTION ATTACHED HERE70 AND MADE A PART HEREOF AS EXHIBIT 'A' which currently has the address of 256 EAST MAIN STREET lam] SHIRENANSTOWN -Clcyl, Permeylvetda 17011 tztpt:oael ("Ptnperty Addreaa'~: TOCl6<aT1~R WPTH a]] the improvemaua now or hcrafter erected oa the property, azd aII esaeoonnta, and fixWrea saw or hereafter a part of the AU addidom pu71 scan 1x covered by defy Sxttrity Ia~tm~csa. All of the ~le rem in this Smutty Iratrumessc as the 'Property." Borrower utrdetahnda anti agrees tha hdlda ody kjaF title to the intesate yraoad by Borsower in thta Seo¢rtty Irtur~eot, bu4 if aecrosaty m ~y with law or cutom, MHRS (aa ~oinee for Lender and l.eader`a anccaaaa end a~i~) lra tha n~• m mresise any or aU of these interests, itrcludigg, but sot limited m, the ri=ht m lbtecE sad sell the Proputy; and m tac:tian regeired of Lender Including, bnt not limited m, rdeaahra and nrtceliag this Sassily 10349973 f~-dAtPAf w"om ~~ rp a w is Faem 30SB 1f01 !i ~ ~~•/~ BK1958PG3656 80RROWFR COVETIANTS that Borrower is lawfally xiaed of the ~ hereby conveyed and hu rtes fight ro mortgage, great and cortvay the Property and that du Property >9 tmenc4tmbered, ertcept for eacnmbrarrces of record. Borrower wartanu and will defend generally the title to tba'Property against all clairm and demuds, mbjezt to any tutctmtbraatxs of termrd. THIS SECURITY iNSTRUMl3NT tbmbirtea trrdforat coveraats for rmdoaai rue sad atom-~miform covemratt with limited variations by jurisdiction to cmratitute a rmifarm aetvrity irutnmtmt covering teal Z~Y• UNIFORM CaVENANTS. Borrower sad Lender coveaartt sad agile ra fallowa: 1. Payment of PrIadpal, ratereat, Ttaerov. Maur, P~mant CYatpr, and Late Chagas. Borrower stall pay when due the principal at, sad ituaac on, the debt evidettxd by the Nora and any ptepaytt]ertt c6argea sad late chaegaa due under the Nota. Borrower ahail alto pay Ilmds !br Escrow Items pttrward to Setxioa 3. Payments due under the Note and thb Secraity Ineut~eat shall be made in U.S. ~Y. However, if any check or other ittarrtrmera rtxeived by Leader u payment udder the Note or this 5ma~ity Imtrument is rearmed to Lender unpaid, Leader may regpite that any or all wbttequeat payaxaq due under the Note and this Security Inrtrttmatt be made is one ar more of the following ibrms, as selected by Lender. (a} cute; (b) taoney order; (c) xrtifiad chedt, beak click, treasater's check or casdier'a chtxk, provided arty wch check is drawn upon as ittadtndoa whose depesita are ittswnd by a federal agency, inatrumecualiry, or entity; or (d) Elxtrouic Fonda Tramter. Paytneata ate deemed received by Lender whw received u die lorxdoa deaigaated In the Note at' at such other lotu<tlon u may be desigmted by Lender [n with the notke provlsioos is Saflon 13. Lender may r'enrrn aaY paytoant or partial pyment it the PaY~ ~ P~ PaYmeop era ineufHr3mal ro bring fire Loan arrtent. Lender may accept atry payment or partial payment i m bring the Lana current, without waiver of atry rights hettmrtder or prajtrdlr~ ro its rights ro rt:fwe such paymem az partial paymaas in the tenure, bat Lender is ant obligated m ttppiy ax:h paytttettta at the lima ouch paymoms are accepted. If each Periedic Payment is applied u of its atdtedrded due date, rhea Leader aced not pay interest oa tmapglled foods. Lender may hold such tmapplied 15rada tmtil tiaroarer makes payment ro bcirrg the Loan carrtatt. If Borrower does not do ao widtin a :easooaMe period of time, Leadi:r shall aitbta apply ouch Mods or return ttrem m Borrower. If not applied eari{er, loch trmda will be applied to tits aataeadittg principal balance under the Note itonxdiatdy prior to i'beecloaure. No oKst ar cladm wbie[t Borrower might have now or in the tartars agsirrt Lender shall relieve Bormwtr fivm tttttidag payweats ate wader the Note sad this Sxuriry Inatrumeat or perforating fire covararur and ag[eeo>eats secured by this 5mtrity Iaatrumeot. 2. Appgntiaa of Payments or Prnceedr. Hxcept u othawiae described is this Section Z, aIl ptymeNa accepted and applied by Latdex shall be applied in the following order of priority: (a} interest due under the Note: (b) principal due wader the Nate; (c) aawunta due ender Bettina 3. Such payments shall be applied ro each Periodic Payment is the ardor in which r< became date. Any. ttYaainiog atnotrata shall be applied first to late charges, second to say other antounta due tinder this 5ecraity Iruavmeat, and then ro reduce the prIucipal balance of fire Note. If Leader rtceivta a gayment fmm 8ormwer for a delinquent periodic Payment which includes a sufficient amotmt ro pay arty late charge doe, the payau:nt may be applkd ro the deliagrtent payareac acct the late charge. If more than orre Periodic Paymem id ounwdiag, Lender may apply ~Y 1#5'~m ~~ from Botsower m the repayment of the Periodic Payments if, and to the e>ttertt that. each paymatt 10344973 ~~~ -aA~PAI panel r.~. ~ a ~e y~ r~a,n/3098y~ 'Iro1 8K 1 958PG3657 can be paid in full. To the mmxrt that arry excess exits after the payment is applied to the tWl payment of sine or more Periodic Payments, such excess may be applied to my late champ due. Volmtary prepayments atsll be applied first to any ptrpaymemt char'ea and then as dncrlbed in the Note. Any applicati~ of paymemte, ineurmce praaeda, or Misoeilaneoca Prooeeda to principal due ender rite Note shall not extend or postpone the doe daa, or charge the amount, of the Periodic Payments. 3. 3ftrnth for i'savow Items. Borrower shall pay ro Leader on the day Periodic Paymaue ere due under the Note, twill the Note is paid in [till, a sum (tbe "Futala'y to provide for paymlmt of amonmts due tor. (a} toes and aaseasmet~ anti otlax items whidt tan strain priority over this Seeatlty Idttttmeut as a lien or encrmabracax oa tine Property: (h) lnsehold paymasts ar ground rents on me Property. if airy: (c) premiums for my end all inanrarrce required by lender under 5etxion S: and (d) Miortftage inaunrce pramiuma, if my, or mY sums payable by Barrows m Laster in lieu of the payman of Mortgage Iunuance praniwm im accordance with the provisions Of Section 1D. These items art called •Hscmw Items.' At origination or at mY time during the tam of the L.man, Lender may requite that Community Assocfadom Dnea, Fees, and Assesammta. if any, be escrowed by Borrows. sad such dues. fees and aaseeeme[ms shall be m Escrow Itrat. Hormtver shall p[msptly tarnish m Lender ail troticea of aartmrts to be paid under dda Sectiaa. Borrower shall pay Lewder the Pantie for F.scruw Iwm unlless Lewder waives Borrower's obligation ro pay the Fords for any or NI F.scmw Items. Linder may. waive Borrower's obligation ro pay to Lewder Patric for any or all Fsrow Items at my time. Amy each waiver may ody be in writing. In the event of wch waiver, Borr+OSYer shall pay dittetiy, when and wltae payable, the :mowts due for aW' Escrow Items far which payttreot of Pmads bee bear waived by Ltarder and, if Lewder tognitrs, shall furaiah ro Lender receipts evidencing arch payaratt wItiriu snob time period a8 Leader may require. Borrower's obligation ro make ouch paymena anti m provide teoeipt: shall for all parPasa be deemed ro 6e a coveaamt std agreement coataitred in d»a Security Imt:ument, as tine phrase "wvetumt and agreemmt• is used im Section 9. If Borrower is obligated m pay Escrow Ittsw directly, putwmt m a waiver, sad Borrower itdls ro pay the amount due for an Escrow Item, Lender may exercise its right: under Section 9 end p~ each amount and Borrower shag dxrr 6e obligated under Section 9 to repay ro Linder any such swami. Lender may revoln: the waiver as ro any a all F.tcnow Items at any time by a notice gives in accordance wldr Section 15 and, upon arch revocation, Bor'mwar shall pay ro Lemdar ail Funds, sad im such amounts, that ate then required under this Seaton 3. Lender tray, at my trine, collect and hold iimds in m amwnt (a) eufficiertt ro pertmit Lender m apply the Foods at the time specified ruder I2E.9PA, and (b) mt ro maned the maximum amotmt a leader cm require under BESPA. Larder shall estimate the amwnt of Faadt due om the basis of tarrtemt data and reaaanable eati¢stp of expenditarw of hrtnre Iiscrow Items or otherwise Im accordance with Applicable Law. The Fumda shall be held In m institution whose deposits are insured by a tedetal agency. iaruvmernality, or entity (lncludimg Linder, if I,atder 3a m Lndmdom whose deposits ate ao inured) or in say Federal Home Loam Bank. Lender chart apply the Funds ro pay the F..acmw lama as later thin fire tiara apeclfled order 12FSPA. Lender shall not ciure Bormwa for Loldiag tnd applying the Funds, anaully analyzing the escrow accwmr, or verifying the Beerow Items, unlw Lender pays Borrower inteetst on the I'Utrds and Appl[cable Law prrmits Leader ro malae such a charge. Udas an agreemeu is made in wrltiag or Applicable Law requires Lrtetrat ro 6e paid on the Funds, bender shall mot be required ro pay Borrower any iatecest or eatrrlmgs on tine Furxls. Borrower and Lender can agree in writing. however, tfiat intenat 10349973 ,'y~ r~ ~~+IPAI Nsnw nor ~ d is FormyJ9038 ~Nr ~i ~i ~`~ BK (95SPG3658 shall be paid on the Funds. Lender shall give ro Borrower, withoat charge, an antnta] accottating of the Fttada as troquired by RFSPA. If there is a surplus oP Funds held in escrow, es defined under 12ESPA, Linder shall accotmt m Borrows tar the e~eae funds in accordance with RESPA. If there fs a shortage of Fords held is eaaow, sa defit-ed under RESPA, Lerder shall aatify Sorrows as taquirrd by RBSPA, and Bmtiawa shall pay m Lender the amount trtxxssary ro melee up the shortage is aa~tdatrta with RESPA, but is to morn than 12 monthly payments. If there rs a deficiency of Furria held is etw~rHOw, as defi,red coder ]ZESPA, Leads still aotiiy Borrows as rryttired by RBSPA, and Botmwer shall pay m L.eadar the amount nets:eaaty m make uP the deficiency is a<satdaacc with RESPA, but in no acre tdast I1 mo~hly payments. Upon F.ymart in trill oP all sums sawed by this Seatriry InaCneteat, L.emder shall promptly refrrad m Borrows a~ Fords held by Leads. 4. Charles; Cleats. Borrows shall pay all taxes, asstxsmatts, charges, fines, and imposiaoas aaributsble to the Property which can strain priority over thin Security Intn®eat, leasehold payments or ground teats oa the Property, if any, and Caamnadry Aswciadon Dua, Fns, sad Assessments, if any. To the esoeat tlat these items are Escrow Items, Borrower slap pay them is the mam+er provided in Section 3. Borrows shall promptly discharge any fiat whidr has priority over this 5etauity Iashntmeat ttdess Bartower. (a) agtaa in wtitlag m rite payment of the obligation aectued by the lien is a nrarmer atsxptablc to Leader, but only am long v Borrower is pafaerning sock agrcaarat: (b) c~tesa the Ilm is good 6dth by, or defends against eafactxntetrt of the llen !a, legal pruceedi»ga which is Leader't opinion operate to prevant the mforaatent of the lien while those ptoceeditrgs are prndiag, bat only u~il etch psaceedings ors concluded; or (c) saurrs from the holder of the lien as agrranteat sstislycmry to Lender subordinating the lien to this Security Imtnaaent. If Leader determines that a~ part of the Property id aubjetx m a lice which can attain priority over this Saxtdry Iosl[nment, Leader may give Borttrwer a aotIce idoatitying the fiat. Within 10 days of the date on which that notice is given, Bormwa shall satiety the lies or tabs one or more of the actions set forth above in this Section 4. Lender may require Borrows mpay a oa-time darge for a teal estate tax verification andlor repotring servitx used by Leads is conaatioa with this Loan. 5. Aropaty Insnraatae. Borrows shall ]mep the: ia>¢xovemeras now adacing or beresfter ereehd on the Property iruurrd against loss by fue, hazards included within the term 'esxeaded coverage," sad any orbs hazards iachrdiag, but trot limited m. eattlrgwloea std Goods, for which Leads resptitrx ineazattce. This insurance ~ttell be mailraaitred is the amaruas (lacluding dedoctlbie levels) and for the periods thu Lender taquirss. What Lender tsquires pursuant m the preceding sra wn dtsoge during the team of the Loan. The imuraace carriex providing the iasurxrce slap her chorea by Bottawa soltiext Oo Lender's right to disapprove Borrowa'a deice, which fight shall rot be exuciaed urueaonebly. Lender may recsrire Borrows m Fey, in coratadon with this Loan, tither: (a) a one-time daige for flood inns detectaiasitioa, carti5estiart end hacldag cervices: or (b) a one-time charges for flood za~e deoamiration and catlflexttfon services and sttbtegtten[ charges eadt time rrmappings or simt~er dfaoges oexvr which rwsaasbly might afferx such detexmiaadarr or certification. Borzowa shall also be rnxponsible far t!r payment of any fees imposed by the Federal Emergency Mazageaa;ta Agency in cormection wilt the review of-arty flood inns deuetminatlon resulting from an objection by Borrows. 10344973 ~ a rA,,~, -0A(F!-) Wsw~ r.w s a is G ~~ Farm 303H 7101 9K 1958PG3659 If Borrower fails to maintain any of the txtvertq{es described above, Lturder may obtain imtasare covetaga, at Lender's option std Bottnwer's expeme, Lender is ostler ao ohiigation m ptudtaee any particular type or amount. of coverage. Tberotoro, ouch coverage shall cover I.atder, but ~ or might not protect Borrower, Borrower's equity in the Property, ~ rite tx-tttertts of the Prr-peo-;ty, agdnst any rLk, hazard or liability and might provide greattx or lever cwetage than was previously in ef5rrt. Btamwtx aGmotvltdga that the cat of the ituurance coverage ao obtained might aigoifttastly exceed the coat of ietstuatas that Borrower txwid have obtained. Aay smoaats disbursed by Leader tttdetr this 5ecdoa 5 t~hall bexx-tae additional debt of Borrower sectued by thin Stxurtry Irruvme~. These amatmte shall bear ittteeest u the Ntxe rate from the date of diabtuatnaettt and shall be payable, witlt such interest, ttpoa notitx ft>rm Lender m Borrower tezpteeting payment. All insurance policies ttxplired by Leader sad tatewalc of stub polities shall be subjext m Lender's right to disapprove such policies, shall include a standard mortgage douse, and shall same Lertde:r a mortgagee aadlor a, an additlotal loss payee. Lender shall have the right m hold the policies sad renewal txrtifieatec. If Leader requiroa, Bexrowrcr shall prexitptly give to Larder all recdpt: of paid premiums std renewal varied. If Borrower obteias any form of hrsurantx txtversge, trot otherwise ttxpired by Leader, for damage m, or desauction of, the iPtvpercy, such policy shall lncltde a standartl mortgage: ciwae and shall name Leader a mortgagee ard/oz a an tddidotml lea payee. In the evem of lea, Borrower shall give prompt notice to tits ituurara carries sad Leader. Ltxeder may ma-z proof of loss if sot made promptly by Borrower. Unless Leasier and BosrDVaac otherwise agree is writhrg, arty inatrertce ptwxeda, whether or not the ttttderlying itwerareee was mputed by Leadtx, shall be applied to rdmntiott ar repair of the i?roperty, tf the tamradon or tt~air is aronomitally tesuible sad Ltmder'a security fa not lessened. Dtaing ttueh repair and rdmndon period, Leader atoll have the right m hold atteh iuatratttx proceeds until Ltsnder has had ao oppexntairy m inspect suds Property m aatue the work has been complatai to Leader's sadsfiction, provided thtt such lmpeetien shall be tmdertalv3a promptly. Leader may dhtburse prt>aeda far the repairs and teatotation is a shtgle payroettt or in a eeaiea of progtds ptyntents as the wort is completed. Ualtxs as agreematt is Bade is writing or Apptiable Law regtdrss intetdt to >u paid an such ittsuraace proceeds, Leatder shall sot be rogairad'to pay Bannwer say interest or esmings as such proceeds. Fetd for public adjwters, or other ddrd parties, rodiaed by Borrows shall not be paid out of tits insurance proceeds std ahaA be the sole obligation of Borrower. If the resmratlan or repair is trot txttoomltally lleasibk of Leader's sexuriry woald be Idats~etl, the irtsetraooe proceeds shall be applied to the auras secured by this 5eatrity Ittstr»taeat, whether or trot then due. with the excess. if any. paid to Borrowex. Such I.,e..~„~ prexxeda shall he spplied in the order provided for in Section 2. If Borrower abandons the Property, Lender may tile, negotiate a~ settle say avalhtble insurance claim and rotated mtuteis. If Bemower tloa not respond wtthla 30 days m a ttotice'from Leader that the ineur9ttce carrier has offered m setae a claim, them Leader may negtKLbe and settle the claua. The 3l)-0ay period will begin when the rtotia is given. Lt either event, or ii Linder aequirgt the Property ender Sexxlon 22 or otltetwiae, Borrower heroby assigns to Leader (a) Borrower's righu m arty lasurattee proceeds in an aneoaat aa, to exceed the smoums uttpald under the Note or this Stxpsiry Imtnttaeat, and (b) arty other of Borrower's rights (albs than the right m aalr ttditnd of u~d prea~imas paid by Borrower) trader all Insttraoce polit:ks raverhtg the Property, loeofar as arch right>w aro applilxbie to the coverage: of tht: Property. l.etder tray vas me inn„~...,~,. proceeds either m reptdr or reaoore the I'ropetty or to pay amotmts ut~ptid under the Note or this Security Iastrttmesa, whedter or oat then due. 10349973 '~~~ ~-6AlPA-IDfoal ~K~7a to faern 3038 7/D1 r ~ ~ ~c x BK 1 958PG3560 6. Oceapancy. Borrower shall occupy, ewbtish, and ate the Property as Borrower's principal raidettce within ~ days after the esecutiatr of this Stxarrity Gutrtaaera and shall eogtims m occupy the Property as Hortowa's principal residence for u least one year after the dam of oavpaacy, antes Leur3er athenviaa agrtss in writing. which tmntent shall not be uorcaaombly withheld, or antes extenuating cirwmuanees uist whleh are beyond eortower's twnttoi. 7. Pseaenatioa, Malateaance and Pratatiaa of the Property; Iropeetioas. Borrower shall not destroy, damage err impair the Property. allow the Property to de[aiarate err cdtlmit wane on the Property. VVltedser or rot Borrower is residing In the Property, Borrower rhaU mainnia the Property in order to prevent the Property frmn deterioruing or decreaairtg to value due m its conditiaa. Unless u is daetmined pursuant to Section 3 that repair err restotatbn is not emnomteatly frasi6le, Harrower alms P~PUY ~ ~ ~~rty if damaged m avoid fiutha deterloruioa or damsOe, it iastaaace or condetot>,Idon proceeds are paid in caurecdar with damage m, or the takidj of, the property, Borrower shalt be rtaporleible for repairing or ttxmrirtg the Property ady if Lender has released proceeds for each purposes. Lender may dlaburtte proceeds for ttte txpdrs atd reatondon in a single paynteat or is a aerie of progrses paymeas as the work fa t~mpletod. If the insurance err coadeauartioa proceeds are not auflident to repair or raster; the Property, Borrower >a not relieved of Battttwa's obiigadan for the completion of such repair err rratoration. Lender err its agent may matte reaaanttbie aeries upon and ittspectiom of the Property. If it has rwonable Huse, Leader may iaepect the intaiar of the improtromanta as the Property. Leader shall give Borrower notice u the time of or prior m ouch an interior inspaxiar spedfylag such rsyaooabie arose. 8. Borrower's Loan AppUsastion. Borrower shsU be in dedhltlt if, durlug the Loan applfeetion ptoctas, larrower or say persons or entities axing u the direcdon of Bostnwer err with Borrower's kaowtedga ~ consent Zave rwterialty false, misleading. or iaaaarratc isdotmadott or atatemmtr m Leader (ot !ailed m provide Lender with material infornntion) in cottaaxion with the Loan Material represeatatiarrc indude, but are sot limited to, represaoukioas t:oncetadng Borrower's amrpaacy of the Property t18 Borrower's principal rraideace. 9. Psvtectisn of Lrmder'a Iattxxst la the Petipaty sad FtJ{bb Under thin 9eeuillty Ymframses>t. If (a) Borratxer fails m perform the covanata and agreaaeots coatairnd in tlda Security Irtsocttment, (b} dte['e is a L';al proceeding that aright :i~tifluntly at[ect Leader's iomatxt in the Property and/or righu mtder this Sesnrity I~au (such as a proceeding iA bankruptcy. probane, for madetmtation or Cocfeitnte, for enfottxmeut of a lien which may attain priority over this Serenity Imtttmtmt err tq t7tforCe laws or regtdaconc), or (c) Borrower has sbndooed the Property, then Linder may do and piy far whenever is reasonable or approprlue m protect Leade7'a fnterest in tte PmpeRy sat rijhta under tlria 5ecmity Irutntmest, inctttdirrg promcdng atrd/or asaesair~ the value of the Property. and aecarlne and/or repairing the Property. Lender's actlorr can include. but are not !trotted co: ter) paylag say arms' aeaand by a titan which has privity aver this, Security Iuatrutoenr (b) appesriag is txrort; sad (c) paying ttasseoabtt: attorneys' Leer m pronect its irasmet in the Property and/or righn under this Saurity [mtlttment, including iu seatred position is a barrlmrptcy precsediag. Securing rite Property imhdea, but 3a not limited m, entering the Property tD rtarloe repairs. dsaaga loch. replace err board up door sad windows, drain wader from pipes, etimiaue building or other node violat#ont or dsnsetqu cooditiona, and ltanre udlitlea turned oa or off. Although Leader amy take sexton uakr this Section 9, Leader does tux have ro do so sari is not under any duty or obligadtra rso der sa. It is agreed tint Lender inoun no liability for not taking any or ell sedum mthorized trader tins 5t:cdan 9. 10349973 ~~ -n111PAI ro~~ -.~. a m ~a Form 309 7/Ol ~ ~ ~° ~ n 8K i 95BPG366 I My amowus disbursed by Lender wrier this Section 9 shall bec~re addidtmal debt of Harower secrtred hY this Secuity Instrummn. These smowta shall bear iotetcat u the Note ra(a tram the date of disbwsmmeat and shall be payable, with such interest, upon notice from Leader m Elamwer eegae~aY paY~• If thin Security Insmrmeat is on a lessNrold, Bottaaver shall comply with all the provWooc of the lease. U Borrower acquires fa ride ro the Property, the laseitold and the fee tide shall not merge ®less Leader agrees to the merger in wridag. 10. Mortgtage Insoraace. If Lender inquired Mortgage Insurance as a rmdldaa of mddng the Loan, Borrower shall pay the pttnairtms tequiind to maimin the Maryage Latuartce !n aftett. If, for arty tYaeott, the Mortgage Imtaatrca coverage rcgttired by Lender eeaaaa to be avallable from the mortgage iaarttec that pinviou:ly provided ouch insurance and Borrower wen ingrdred to m.lte sepatxoeir ~ i~ toward rite pinmiums for Mortgage Irnuraoce, Bormwcc shalt pay the pramitnas Itsqutrud to obtain coverage mbstantiaily equivalent m the Moryage lnaumx previotaly in effect, at a twat sabstaadalty egniva[ea to the cast tq 'Borrower of the Mortgame Inrraanos previously in eHxx, from m altercate arortgage i~tuer sciected by I.atder. If mbaantlilly egoivaterrt Mortgage Luwm¢e coverage k act available. Borrower shall coatirare ro pay ro Larder the smotmt of the squraoely desiggased payments tbu wain due when the iaauraoce coverage cased to be is effect. Lender wr7l accept, u1e and twain these payments as a aoa-rchndable loo reaern is lieu of Mortgage Imwaam. 5ueh loco raern scull be nos-retlttstlable, mtwithatandiag the fact that the Loan fa uldtmoely paid in full, ud [.codas shall not be rcgoiind to pay Borrower say intermt err catalogs on such Iona raava I.atder caw tto longer tsgaite loan reserve pcymem if Mortgage Iraursaa:e coverage (in the amount and fns the ptxiod ih`t Lefler rapnta) provided by as trouser relaxed by Lander again beoocaa avatlsWe, L obtained. nd Leerier requites ~lY ~>~ laY toward the premhrats for Mortgage Iratarntce. If Lsader+tequlrod MtMgage Imtuaace as a t:ooditioa oP malnng the Loan sad Borrower was required ro make y daignstal payatmta toward the premiwns Ax Mortprge Laurance, Borroxror shall pay the pr mit ®a required to nraiataia Mortgage Lattraoca in ef'fact, or ro provide a non-teitmdable loos rsautre, tunil I.eader'a ingaimmqu for Mortgage Imuranx cods is acoordurce wilt arty written agreement berloem Borrower and Leader providing for inch oerminadaa or urtil earmiaatioa is ragttin:d by Applicable Lsw. Nothing ra dna Section 10 slfaxs Borrower"e obligadoa to pay htterat u rite trine provided in the Nora. Mortigage iaeararrce reimbtuaa Lender (or arty eadry that purdaues the Nan) fbr cxrrtatn lasses it may locus if Borrower does not repay the Loan a agreed. Borrower is rot a party ro the Mortgage Ltsutaoce. Mortgage inauinra evatuain their total risk an ell ouch irataaoce in tome from time ro time, and may ewer into sgreemmts with otter parties that shah or modify thdr risk, or reduce lasses; These aging sin on terms and coaditioas that are sat3afiaory to the martgagc lntninr sad the abet patty (or partl6s) to these . These ngraraesru may requim the mortgage iaaurer ro mdoe pttymands using any aonnx of 5rada that the mortgage lrauinr nay lure available {winch may include fonds obtained 13•am Mortgage Insturutce ptxmitmrs). Ace a rcmlt of three agrtxtneras, Lender, say purctuser of the Nota, another lastaa', say rclaattrer, say other salty, or arty atfIItete of arty of the lbregoing, may rasive (dirxdy or btdhroctly) amounts that derive Arm (or might be characterized as) a portion of Borrower's payments fns Mor~a~e Inaaaaoe, is exchange for sharing or modrtying the mortgage lraurer's risk, or reducing lasso. 'If -suc4s sgrameat pinvidm that m af5liue of lender takrs a sMttc of the iraumr'a risk In exrbange $'or a shoe of the premitama paid to the insurer, the amngemeat is afcea termed 'cspdve retnaaraaca.' Ptrdt6er: W A>h such aResaeats will rat artfect the amorrata Wert l:errewar has ggeead to pad far Maetgge Iasiuaoce, or say other terms o[ ttks Lana. t3oeb aReamests wt9 ask hsriraese the amount Baaivwar wlp owe for Mortgage Immyaoe, sari t6ay rd0 sot eatttie ]Iorrower to say reload. 10344973 w ®-OAtPA) pBCm lureld ~e Fain 9n3a) 7/07 C° ~ ~ ~ ~ }e BK 1958PG3562 (b) Any such agreamwts will not attest the ri~hte Borrower h.a . i< say -with rdpad to the Ftutaance ender ffie Hlmerwaara Pratedim Act of v9lt ~ ao, ether hrw. 1Lere rights oaY indnde tlr! right t0 reL'dR o(aif1II dledennlst, t0 repast grad ebtaha ~anaatls~fleu of the MOatpgk t! Isere the MCrt~e'--..~.....~ l~mlaitad as~ca@y, iandJec LD a'loeh'0 f reload a[ any Mortgage i*~+~~ peeuI~ tWU were rm~cned ad the flare of atich nnce~dln or termiea+tioa. 1L Aasigarnent of Miaailaaeom IProeeed~ Forh3hae. All Miatxlla~ Proceeds are hereby ssalgoed to sari shall be paid m Lender. If th! Property is damaged, ouch Miscdlnteerta Proceeds :ball h! rgrplied m ees~atlon or repair of the Pmpesty, iE rite reatoradon or telw.ir is eeommically fatsiWe am Leader's atsutity >s sot hxaened. During such tapair and reamration period, Lender abrll have the right to hold such Atitr<txllaaeous Praaeds tmdl Linder has had an oppotttudty m inspect such Property m emu¢e the work has bees campltred to Lender's aathtfaaion, ptav[ded that such Inspecdott shall be undertaken protnptlY• Larder m+4' PaY ~ ~ repairs and ratoratioa in a single diabtaaematt to Ina :erica oP progress payment ss the work is cAmpleted. Udess an agreement is made in wti6ng or Appiit:abie Iiw reltrira itrmeet m be psid oa each Miscdlaneata Prviceeda, i.eadtr shall rot be teguital m pay Harrower soy braest nr comings ~ such Miscellaream Proceeds. If the resmradon or repair is sot ecgtomitsdly feasible or s ~tY would be sainted, the Miscellaneous Proceeds shall be applied m the luau sewreed by try Imtrtma;at, whetter or eat then dal. with the cacao. if uy, paid to Borroaror. Such Miecdlaneotu Proceeds shaII be applied in the order provided for in Section 2. Ia the averu of a coral taldug, dnaeucdan, or loss is value of the F:operty. the Miscdianeoua Proceed8 shall be applied m the swna secured by thfa Seauity Inaarrmeat, whether or rat then due, with dic excess, if aay, paid m Borrower. Ia the evem of a partial taking, destructiat, m loss is valet of the Property in whidt the fair market value of the Property itnrnediatefy befor! the partial taking, destruction, or keea is rtalue is equal m or t:~ than the atootmt of the wins artotaed bq this Security Irtatrttnrent immediately before the partial taldn6, deatrttdioa, or lass In value, ualess Borrower and LeMer otherwise agra hi wsltiag, the sums secared by this Sectuiry Inattumont shall be reduced by the amoutrt of the Miactallaneous Procads muidplied by the tbllowhlg tracdoa: (a) the total amount of the turns warted immjediaoely beCone the pardal ttdring, dnnoccion, or lass to value divided by (b) the Stir ttaniat value oC lire Property irmredistaIy defer! the partial taking, dwkttctian, ~ loos in value. Any balara:e shall bd paid m Horrovrer. In the tveat of a partial taking. tlattttcGan, or lose M vahm of the Ptgrerty is which the fair mtuioet value of the Prvpnty imatedlaoely betbre the partial taidug, daonwdoa, or loos in value is hxa than the amount of the sums aeeorod immediatdy before the pardal talong, destrttedan, a laws in value, anles^ Borrower and Leader otherwise agree in wdtfttg, the Miacelhareotta Ptncad: shall be tgrplied m the wins aecsued by this 5ecurit~ Iastrunretn whether or rot the soma are then due. If the Property u; abandosted by Borrower. or if, rites antics by Lender m Hturower that the wing fa~ (as defined i~n~ seat ) ° aRer tfie dace theaaotice to eetrie a Warm for damages. tD tolled sad appl IstxBaaeous proceeds either to tsattxatioa or ~ of the~Praperty o~~ ettms :stated by this Setaaity irutrument, whether or not that dne. "Opposing Party' roEam the third party that owes Borrower Miscellaruaas Proceeds or the perry against whom Borrower has a right of anion in regard m M'ua:ellaaeous Proceeds. Borrower shall be bt default if any anion or praceexltng, whether civil or criminal, is begun that, is Lender's jud~me~u, could result In tbrfieiture of tea Property or older aoataria! impairmeat of L.ender's interest in the Property or rights order this Seturiry Lrsttrmtent. Borrower tea tart+e attch a detanlt rod, N acceleaNou has occurred, reinanGe as provided in 3edioa 19, by causing the action or pr'oceediag to be 10344973 ~~ ~~ ®-aA1~A) aeaq r~ to w ~e Form 3039 1fn1 ~° ~ ~ '~ ~ n BK 1953PG3663 diamined with a ruling that, fn Lender's judgment, Preclydu farfdoue of the Property asr other material impairment of Leader's itttec+esc la the Property tx dghts tutdtsr this Security Inacnnmgot The proceafa of ~' award a rda>m for damages that are attribopble to the tmpahateat of Larder's intaeat in the Property ate hcszby asigned aqd shall be paid to Letdar. All ]Kiscditsoeata Proceeds that arc tsar applied to testoradon or repair of the Property risall be applied in the order provided for in Secdat 2. 12. Borrower Nat Rekased; Fsa'besa'ana By I.eodar lYol a Waiver. Sxtetssiaa aR the time fns paymatt or moth 6sadoa of amartixadaq of the suasa secured by thin Security Lntrtsaraat graotad by Leader to Bssrtvwer or say Stttxwar in [thereat of Burrower shall tsot operate to releae tie Ijabdtiry of Borrower or ury Succeaora in igtr.[rat of Borrows. Leader abaci sot be required to cammrns ~ptviceedluga agaimt aay Suc~aaor in huereat of Borrower or to refuse to eatersd dine for payment or attttrwiae modify amordzadon of the rums secured by thin Security IsaCgagatt by twos of arty demsM utade by the original Borrower at a~ 9occersoca lu lssterat of Banoaer. Any forbearance by Lestder i4 vadtsddstg say right ar remedy Itscltdiog, wiWout lintitatioa, Lender's aooeptatax of paytaegp from ttitd pecsoot, mddea or Successors iq Inteseat of Borrower or in amosmta lea thaw the amoetst then due. shall trot be a waiver of or preclude the essetdse of any right or remedy. 13. Joint and Sereral IJabiHq; Co-dperrq Successes sad Aartgor Bound. Hazioarer coveaanta sad agrees dwt Borrower's obligations asd liability shall be joint and several. FIowever, any Borrower who co-signs this Security Irtstxament but does not e~taaue the Mott: (a 'co-sigaer'~: (ap is co-dgaiag dtis Serauiry Imtrumaa tmly w wortgage. grant and tasavey des: tsrtlgner'a interert in the Property rsgder the terms of this Security Imtrument; (b) is not perststtally obligated to pay the sums axntad1by ths: Saaarnty Irntntmdq: and (c) egrcrs that Leader sad say other Borrower can agree to esgmd, saodtfy, forbear or make soy acwmmodatiom wilt regard to the tenors of this Security IoeKUmerst or rte Nate without the oo-aigmr'a cowegt. Subject to the proviaioru of Secdoa 28, say Slrccasor in Interest of Borrower who eauma Botrrnver'a obligations order this Security Imttttmmt in wdtitrg, and is approved by Lessder, shall obtain ati of Boesnwer's rights and beaetip tinder iris Secnriry hsstremregt. Bortvwer shall rot be reletraad 6om Borrower's obligatiass and liability utsder this Secariry Iaatrumegt tsgless Laden agtw to such teiwe in wtidng. The t~vtmagp and agrmatnrsts of dds Soatrtry Insutmsent shall bl~ (estrrpt a provided iA Secdan Z~ sod bersefit the succeswra and saigttr of Leader, 14. Laest ~• Lender may cure Borrower ileac for rervixa erformed is crmaecdan with Borrowa'a default, for the purpose of ptoteatng Leader's iotemt in rte sued tights tm~r thIa Secw~ity h»trummt, hstltsdlag, but sot limited to, atmnuys' fees. property iaapcctloo end vslasdon fees. !n regsnd ro arty txbec lsee, the abaeax of estpress audsodry in Chia esxuity Itatrttment!bo charge a epecific fee to Bomower shall not be comtrued u a prohibition on the t:hargirtg of such fee. Lestiider rosy sot charge taco that em estprealy prohibited by dris 9eaaity Imn,mmt or by Ap~icable law. If the Loan is subject to a law which rep mastian® laq charges and that law it finelty interpreted so that the iatemt err other loan tgtatgfss collaxed or to be eoilected hr a~cdoa with the Liam tnttxed the pe®itted Iissdp, then: (a) arty such loan charge shall be tedusxd by die emmatt neoestaery to reduce rte charge to the permitted limit: and (b) ssry sums elrsady edlaYed item Borrower which eaceeded perssiltied limip wiU be refunded m Borrower. Lender stray dmase to make this refund by nedrtcing the principal owed under the Nate or by maidrsg a direct payment m Borrower. 1f a refund re~rtcss Principal, the redurdon will ba heated u a partial psepaymeot without any pzepaysaent charge '(whether or not a P~Y~ charge is provided for under the Nate). Ha~rmwer'a wept of sl' ouch rsfuttd made by diced payment w Borrower rovill cousdwte a waiver of asry right of actb. o~Bcrrower mi~ltt lave arising out of such ovaelsarge. 1S. Notices. Ail notitxa giveq by Bosrower ttt Lender is canaxdon with this iry Igatrumeat moat be la writing. Any notice to Borrower in conrsecdon molds thu Security Inatrumentsball be deemed to 10349973 p -rir: v ~~A{t'Al roeoal M. i ~ a re ~ Form 3039 tJat 1' $K 1958FG3664 lave been given ta Borrower when mailed by Brat ehw mail or when actwlIy deliYaed to Borrowess entice address it sent by other rneatra. Notice to arty one Borrows atoll ~hrte aotioe to all Borrowers ualeas Applicable Law eapnwly requires otherwise. The notice addrm stall be lbe Property Address uNess Barrows hsa deaigtatai a su6sdmte notice addnat by mtim to Lender. Borrower aball prearptly mtit~ Linder of Bortawa's ~ of addtsar. If Leader speciflea a prxedure for rlportht~ Borrower's ~ of address, rhea Borrows ahali only sport a ~ of addraa thrargh that apad5ed procadrae. There nay be only doe designtDed nods addrasa odder tlds Sorority Inatrt®eat at any one time. An mtia m Lender shall be given by ddivslog it or by mallhtg it by flrst claw mail m Lender's address ataLed beseirt unless Isader hu designated aaodra adthesa by notice to Borrorer, Any notice in comraxfan with this Security laaGttuaeu dull sot be deemed to have been g{vea to Leader natil achally received by Leader. If any notice nxptitsd by this Scarcity Imtrammt is also tequitrJd wader Applicable Applicable Law requirement will uriaty the cmteapondiog raludretomt Wider this Sanriry 16. Governing Lrw; 3everablllty; lgalee o[ Caaatrnrtim. This Saaairy :ball be governed by federal law and the law of the jtaiadictien la wldoh the Property b Ieclted. AA rlgfw sad obliptioas rotualaed in thin Scarcity Irmtrtrmem are atbject to any roquireareota sad lhnitadorre of Applicable Law. Applicable law might expliciHy or implicitly allow the parties to ag>{+x by contract or it might be tUeat, but such silence shall rte be cmtcrnai at a proldbitlon agaimt agreapmt by oaatract. In the event that airy provision err clause of this Saxnity Initrraoent or the Nate rnufli~ts with Applicable Caw, arch conflict shall not affect other providon of this 5aarrity Lntrttment or the' Note which ism be glum effect ~vitlwtrt the oonflictlag provision. N usai in this Security Imtrumaa: (a) words of the maacWia geodes shall, mean sad include corresponding neuter words or words of the feminhn Bader, cb) wor+da is the thrgr~tu atrll mein ad include the plural and vice verse; and (c) the word 'may' given sole discretion wldwut say obligation to take say action. 17. Borrowds Copy. Hortowa adall be given sae copy of the Note and of this Seauiry Inatrtment. 1.8• 'IYvnaier of the Proprity or a BareAolai Iotaraat is Beeeo+nr. Aa uted;in thin Section IS, "laterest to the Property' morns arty legal or beneflciai iatant in the Property, laclading bat not limited to, those beneflclal iateresw transferred is a bond ibr dad, oamact for deed, inwllmettt aria carYraet err escrow agreement, the invent of which V the uanafs of tide by Borrower at a 1Ltttrc date m a prarLasa. If all or wry part of the Property or arty hucrest to the Property is sold ~ trtosfe#red (or if Borrows is rot a aat»nl person and a beoeflcial htterest in BORO1YS is told or tracafsred) without Isodsr'a prior hsontmmt. Fiowe~this~optio~a ahalie~reieed by Lender ff arrch a iaypraltibi~ y Applicable Law. If Linder exercises this option, Leader sha11 give Horrowa oodce of atxeletatign. The coda shall prmflde a. period o[ not less than 30 days from the date the mike is gives in acrntdaace with Saxton IS witldn which Borrows mast pay all auma secured by this Security Iastrtmuat. ff Botroaa fails to PaY these amps prior to the expitatioa of this period, Lender may invoke a~ remedlea permitted by this Secariry Ipetrtment without further entice or demsrd an Borrows. 19. Bertowa~'s Rigdtt to 16<eifatatate Alter Aocdantlan. If Borrows mew ;oentaia conditit-ne, Borrows- shall have the right to have eatJurcemprt of dtia Secudry Iastrummc disea~tiooed u a~ time prior to the eadieat of: (a) f[ve days before sale of the Property purtuaat to any power of sale ceotdaed ht thIa Saxtriry Icatruman; (b) such other period u Applicable Law might specify for Idre tsminatioa of coadItimaso ~u Bonnwrr (a) pays I~eods dl ~ whinh tben~waald be due cmde~ r~thia Sew ty IrlsCUmrnt std the Note u if rq acceleradon had occurmd; tb) etms say default of a~ other troveoew or 10349973 ~~ ~n ~~BAJPAJ ro~asl v.w v M u ,'S Form 3039 1101 ~ ~ ~ ~~ n BK 1958FG3G65 agteemesYa; (c) pays all enpeases incurred is eaforcitg thin Security inatitttnentt. inrladigg, btn not limited to, tessoaabte attotnuya' .fees, property impaxion and vahtadoa fees, sad other fepe irtct¢red for the purpose of protecrUg Leader's interest is the Property anti rights tinder this ~tY ~mtt;trment; anti (d) tales ouch aeboa >a Larder may reaseaably tegtrin to awae drat Leader's iatetest in the Property sad rights trader this 3aatrity lastrtanstt, and Hotrawa's obligation to pry the asses aectgtd by this 5eeurity huttumeat, ahaII roatirare unchanged. Leader nxy require that Borrower pay :ttch rehistrteorat sums std expeaser ht one or mote of the following forma, u selected by Lsdcr: (a} cash; (b) money order; (c) eertIfled deck, baNc check, treasurer's check or eashier'a eltarJt, provided say aoeh c¢celc is drawn opoa as irudtution whose depaits are insutsd by a federal a'tsrcy, istittaterthlity or erd1~. or (d) Eleetromc Futtda Tnmfer, upon rdahtemsu by Borrower, rids Security L sad obiigat[ws secured hereby shell rennin >tidly effective w If m acceleration had occurnd. However, this right to ttsiahte shall rot ~Y ~ ~ case of scceleratioa under 9ecdon 18. 20. Biala o[ Note; ChaaBe o[ Loan Sarvlcer; Not&x of Grkvaoee. The Nee or a partial iwerrst in the Note (together with this Seosaity Ittatroatmt) ran be sold Doe or most: times wit~oat prior entice to Borrower. A sale might result is a charge in the entity (!mown w the 'Loan 3erViar') that cdlech Periodic Payments due under the Notes and tiffs 3ts:tiurity Irutrtnmot and perhxm: tjtber mortgasge lees aervicirsg obligadaoa under the Note. this Security htatrttroatt, and Appllnhle Law. 9'hets elan might be om or more ~s of the LDaa 5ervicer smrdaoed ro a sale of the Note. if then is a rbenge of dte Loan 3ervicer, Borrower wUl be given written notice of fie charge which wW shoe the wm¢ anti eddrnw of the new Las Servicer, the aadrew ro whitd< payments should be tmde sad airy other boa RESPA ttegttires Lt conmcdon with. a rods of transfer of tanvicing. if the Nom is sold and ttjer+eailat the Laan is aCrviced by a Loan 3avicer other dean file pturheaer of the Note, the mortgage klan "r' """,8 Obli~m{ to Bcarower wAl ttmain with the Loan ssvkar ar be traadsred m a suctxeear Lea Servloer and an sot awtmed by the Note purchaser uDlew otherwise provided by the Note psachuer. Nei~er Borrower nor I.eoder troy commaroe, join. or be joiad to say judieial,atrion {w either ea ladividud lidgara or the member of a claw) that arises from the other party's atx2otts pursuant to thL Searriry Itssntmteat or that alkyea that the other patty hu brtsrclted arty psovisiDn of, t}r say duty owcd by realm of, this Seavity Irrtnmtettt, ttntU such Borrower or Leader has mtlAed the otlher party (with wWt mtlsx Given in compliance with the tegnirTmellh of SCCdnII 1~ Df ouch alleged btm~h anti afforded the other party hereto n reasonable period aftc the givlag of aueh notice to him corsr>edve action. If Applicable Law provides a time period which mots[ tdape brFot+e sxrtain action tan jbe taint, that time period wW be deemed to 1be reaaoetble for purposes o! this paagrapb. The mdse iof acoelenaton find opporturdty to cure given to Borrower pttrtetaat m Bettina 22 std the Doha of station gives to Borrows' pursttaro r4 Section 18 shell ba deeaxd to satisfy the notiDe sad opportunito talm corrective action provides of thin section 20. 21. Smrdons AS wed is dds $GCdOn 2t: (e) "Ha7Jt~ne 'are those snbsnocts defltr~ w tonic or hazasdous subwocee, pollehah, or wastes by End Law end tre following substaasxa: gasoline, kerosste, other flammehte or ttndc petroleum h, todc pesticides and hsbikides, volatile aolveah, materiabs wooehdng sabestea or formaldehyde. and ve matetlals; (b) "Envizorootsttal Law• means federal laws and laws of the jtuisditxims where the Property L located that relate to health, safety or errviconmeoul protection; (c) •Bttviroometteal G7eamtp• hvluda say respaase salon, remedial action, or nmaval action, w definal in Bwiroamerd Law; and (tip m "Bavlroort>efloti Cmdidon• areena a condition that can reuse, camributt to, ar otherwise aigger an Eaviraomental G7eewp. 20349973 ~ l~~ -eAf~AI rosoq ~/~- her ia.i ie Farm 9038 7107 ~~ BK 1958PG3666 Borrower droll not cause or permit the pray. use, disposal, or miss of uq Aazaedoua Slthatanca, err thrauea ro tdaae arq FLaardoae Sulrtaaca, on err in the Pmpert~r~Bo#irower shall not do, nor allow aaroae sloe m do, anything allottinngg the Property (s) that is In viol olI any Envirarlrmami Law, (b) whuh craata sa Lovirnnmental Cotrditioa, a (c) tvldch, due m the pmr®ce,;' use, or rskaae of a Hazodow Stihauooe, raeata a condition that adversely affxta the value of the Pmo~rty. 7'he penrediu,~ nvo retserrac shall not apply m dm prne~s use, or atoage oo the oi' ~amell gawtia- 'a off' Hmrdooe Subataoca that eregaretal1y t~gnized ro be appropriate to~ uaa sad to mdataance of the Property (irttludiag, b!rt na limited to, haa~tdow aubatroca in Borrower sbs0 promptly give Lender wrinert antler of (ra arty 1~, ~demaod~rsltrwmit or other action sn aturrratal or liaardona subsyaate ~ Emitoomeet~I.a`w ofch Borm`mwer~bas acxu~ la~o~t'~ (b`~j any Envirnomeaty Caadition, including but not limited ro, mmyy aprllirrg, laidng, disrJrage,' relase err th:sat of release of any Hanrdoue Substance, and (c) arty cortogdan cretred by the use or rtdese of a Saardooa Slrbatara whir advertrely affiects the value of dre Property. TE sOwa ~tbatae, or is mti8ed by a~ goveramentai or n~~autinriry, or ury private party, that aqr removal a~ r~dt~ao oi' say Harerdoua Subataree a the Property is necaaay, Borrower ahail sloe eII neoeoay raoedial acdam in axorda~e with Fatviranmartel Law. Nothing herein cratd any ohlIgadion an Larder far an BavimomeoGd ©eamtp. NON-uNitFQRM COVENANTS. Bocmwer and Lender flrrther twvenant and agrgt as follows 22. Aasla~adaa; Iilemedis. Iwadr shall give aotko to Daerowtr lpaealatrr m~a tWdersitlomai tlapr~pwiog ao a ~ S~eetl`~on 18 A`~~~ Y w-~`p:vdydbe~-laU. I,~ro~dar a6d1 ~nob[!y Borrower af, other tWnga: (a) t4 a~• (6) the ae11m regMesd to ems the ddlwih (e} w1Y~ the defralt tonal he etrred; sad (d) fiat lLBtas to eras the tG~lak as may taolt is aadaratlm of tie ama seemed by fik Bawdy Iaatamaat~ LotYe~aame bri eve o[ tie Propert7. Larder' aiali ~a~ io~am Borrower er the~tli~t~t tern alter acdett~a a~da,.~`e d t b ~ac~edeseton ~ rar«h nba.r w adY~ilt is not ctn~~ed`ar `r ~ ere ~ ~ taay r~eq>dre lmmo~te paymmt io hrtl d err wvu aeewed by tW amaait witiaot fnrtlree Hmmd and may t tiler 9awety Ioatroawrt by ~uiidd ymrie: tiaII be ontltitl to collect all espaeaea iotra~eod h porariae tie r'aseadlaa pa+aviie is ~~ ~ ir>do , ~ limited to, attoraays' Res sad cash ooCC tWe avldaars to tier Ti. )?daoae. upon payment of sU atrma secured by thin Samrity lnatnmeot, drier qty taatrnmwc sad dre state conveyed tdrall terminate and become void. ARer arch ounerraoa, Lender atoll B~ormwer~ a Rx orf ~~tY Ineaument. Borrower ahali paY atry~r~datlon nests. l.onder may ~ rendered and the char ~ f tl~te pryerm t[ed ~rbA only if txid m a thifd party far aavios ppursdlle lsw. Z4. Waivers. Borrower, m the extent rmitted hY Applfeable Law, waive snd rFlneea arq ertnr o< !~ larva for ~ ~ ~ ~Y laatetmeat, and hseby wdva the bmept of my pcenytt or and homatead~exe~mption. Y °~OA' extwion of time, a:omptiorr from attachdreat, kvy and ode, _ 75. Rdoe4elm®t Period. Borrovrer'a time to rsiawte provided In Secdan 19 ~sha11 axtead m one ~. m file cannrentxmeat of bidding at a ahedfCt sale or other sale pursuant ro this Setxrriry ~~ ~ tMartgags. u any oP the debt secured by this Seatriry Itphttment is feat to 17. Iataeset Rata After ]~~• this Security Inrtumr~t siWl be a pure!>saa eoternd on the Note or in err action oaf~mo~ ~ ~ tLe moaat race payabi~ ldEx ~udgnrau 3a urtder the Note. 1i~ fareelo~ shall be the race payabld fra® time ro tLne 10349973 ~$~'~') -9AIPA! peon ~n~~--~ -.p is a ~e Form 80aa 7/a1 BK 1958PG3667 BY sIGMN(3 BELOW, Borrower accepts and s~sa to the terms and arvenanta rontaiaed is t6ia Security Ihsuument and fa any Rider a by Borrows and recorded with It. Witnesses: (Seal) -HarroaRr _ (Seal) -Horrowc _ (Seal) -enrro~ar - (~) (Seal) -~rOWOf -Haeower 10349973 ~~AIPA) iwaa Pp. is a ie C~~2r~ ~" i~~.~~G~aL~, CHARLES W. RU55ELL _go„o,~ I.,u.~ ~ /_~ e.. a (peal) PRISCILLA E. RU55ELL _~„~ CHARLES R. HECKERT -Bormwer r«m soaa trot 8K 1958PG3668 CdMMI~NVVBALTHqq pp1? PENNSYLVAPiIA.--~~^^ ~ p 1'K Cook as: On this. the 4~6'~'~} day of ~1W1~ ~O~to . befors ux, the underaigaed of5cer,lxraonaiiY aPP~ ~~ctrles IJl).~ussell,~/~+'Se;~~e..E.~/~-~cll~ and C'lwrks~ Neckcr-t- aatiafacoorUy proven) to ix the pemm~(s) whose roame(a) ~uiare suhacribed to dte within inatrumeot and acknowledged that itat<a6allhcy exxttted the saate for the purposes hereir- contained. IN WITNESS WHERFAF, I hereutuo set my hand and official seal. My Commisaioa Expires: NOTARIAL SEAL Pennie M Siemer, Notary Public West Manchester Twp., Yak Cau~ty My commission cxpiru OcWber 14, 7.008 Ce[tltlay~~o[ Reaidance /~ I, CJ a ~, r c ~ .y rv a ! °L do haztbY actin' drat the cottroct address of the wittdn-named Mvrtgaga is P.O. Bmt 1026, Flint, MI 48301-202b. Witnesrt my hand this ~ $-~h day of ~.r. e a 0 0 G Ayaat oC Marsppm Ia349973 s~ ,p, N/~ -4AtPAI tsawi vw~ to d v l/ //' F«m 30Ja 1Ja1 BK 1958PG3569 Lean Number 10348973 ADJUSTABLE RATE RIDER (LIBOR Six-AAorreh Index (As PubNsl»d Irt TM Wall Btroet Joumal}R~e Capa) THIS ADJUSTABLE RATE RIDER to made thin 2tlth day of June, 2008 ,and Is Ir~Carp -crated 1rMo and shed be deemed to amend and aupdpa~nent thbeyMortgrQeOeed o(f~Trust, ar Sacu dead (the Ad I Rate Note (the "Note') to P1LE'u Cl~iOICE IiDM L0/1N~~ INC. a OMIN~C,s RATION ('Lander") of the same date end oovarirp the property deerxibed lh the 5arrxlty Instrument and located at 256 EAST TWAIN STREET, SHIREMANSTOWN, PENNSYLVANIA 97011 (PropeAy Address) THE NOTE CONTAMi3 PROVt810N9 ALLOYIfING FOR CHANGES tff THE INTEREST RATE AMD THIS MONTHLY PAYMENT. THE NOTE LWITS THE AMOtiMfT BORItiOMIER's prT'EREBT RATE CAN CHANGE AT AMY ONE IiME AiA THE MA7dMUM RATE BORROYYER MUST PAY. ADDITIONAL COVENANTS. In addpbn bo Bra oovenents and agreements made in the Security Instrument, Borrower anti Lender further covenant and agree as follows: A. INTEREST RATE AND MONTHLY PAYMENT CHAN(3E8 The Note provkies for an initial interest rape of 9.66096. Tha Note provides for changes in the interest rate and the monthly payments, as follows: 4. INTEREST BATE AND MONTHLY PAYMENT CHAN(iE3 (A) Cheops Dates Tire interest rate I will pay may change on the iat day of Au~uat, 2008 end on that day 6 month(s) thereaRer. Each date on which my Interest rats could cfiange fa called a'Change 1 (B) Thstndex Be®tnniny with the first Change Date, my interest rate wIU ba based on an Index. The "fidsx' is the averaeggee of tnterbenk offered rahss for sbr morrth U.S. doNarvdenominated deposits !n the London market 'LIBOR"), ea published In The Wep Street JourrssL The moat repent index figure available as of the date 4;i days before each Change Date la called the 'Current Index.' H the Index is no iong~er available, the Note Holder wNl choose a rraw Index that la based upon comparable Informatbn. The Nate Holder will ghro ma natbe of this choice. P~ ~I ~~11'' mwrt 09rIB/01 Page 1 ar 3 initiara:~ l~ ~-~ ~ E ~ BK i 958PG3670 (C) Csiculation of Changes Before each Change Date, the Note Haider will cMculate my new interest rate by adding then round the ~t d tl~lsad~dftl~ ffis ee asst one~elpMh d one Ipen:sntape p~dnt (ad26'~ r ~ the next~Change Date. ~ ~D) below, this rounded amount wNt be my new lntareat The !dote bolder will then determine the amount d tta monthly payment that vMOUId ba suMclsnt to repay the unpaid prlndpM that I am to owe at the Change DaUe in fuN on the MeturMY Date at my new Merest rate In subatantl payments. The neeuR d this calwlatlon wtl be Bye new amount of my moMNv oavment. (D) Limits on Inteusst Rata Changes The Intensat rate I am requtrad to pay at the first Change Date will not bep~tsr than 12.550 96 or lase than 8.550 %. Thereafter, my Interest rate will never be hareaeed or deaea~ed on er~y single Cheops Date by more than one percentage points (1.00096) room the rate d I I have bean paying far the precedin 8 months. My interest rate wpl never ba greeter than 1 r6~96. 1Ny internal rate will never be lees then 8.550%. (E~ Eflectiw Date of Changes new mMoy ~ fnteroet rete wtll become elfectlve on each Change Dab. I will pay the amount d my y payment begirrning on the first mordhly payment date after the Change Dabs untll the amount of my monthly payment changes again. (F) Notlae of Changes The Note bolder wNl deliver or matt to me a natlce d any ctarrpea in my Interest rata and the amount of my monthly payment before the effective date d any drannggee The noflce wIN (rrduda irrformatlon raqukad by law m be pNen to me and Mao the title and telspFtone number of a person who wfll answer arty questlon I may have rsgardhig the notice. B. TRANSFER OF THE PROPERTY t7R A BENEFICUIL 1NTERE8T IN BORROMfER Uniform Covanent 18 d the Secxstty Instrument is amenc{ed 1>o read 88 follows: Trsnatx of the Property or a Bansflc{al {rthrat Borrower. As used in this $ectlon 18, 'Interest in the Property" means any legal or benefldM interest in the Properly kidudllnp, but not Nmlted to, those benefldai interests transferred dr a bond for deed, contract for deed; htsbsllmant sales ~ntract or escrow agreement, the Intent d whk:h la the transfer d title by Borrower at a future date bo a punthaser. K MI or any part of the Property or arty Interest in the Property is sold or transferred (ar K eorroarar Is not a natural person and a beneflcdai tnberest trt Borrower b sold or )without lenders prior written conesnk, Lender may naqutre hnmedlate payment in full of~seatred by this Security Instrument However, thin option stall not ba exorcised by Lender tf ~rrch exart9se Is proh~ited by Apolkable Law. Lander Mao shall not exendse this option 1L' (a Borrfower causes to bs submitbd to~ LarMer irrfotmetion rreeqquuired by Lender to svakrabs the in trrlrrfiensa as tf anew loan were batng made to the trensteree; and (b) !.ender reasonably dederm flat l.enders security will not be Impaired by the loan assumption and fiat the risk of a breach of any covenant or agreement In this Security nstrument Is acoeplable b Lender. Ta the ext~it peumitbed byy gpp~i~b{e Law, Lender may large a reasonable fee ae a condition to Lenders consent to the loan assumption. Lender also may rec~ulre tta transferoe to sign an assumption agreement that Is acoeptahb to Lender end that obligates the tt~nsferee to keep all the promises and agreements mmaaddee In the Note and in this Sewrily Instnunent. Banower wnl oontlnue to be Obligated under the Note and thin Security Instrument unlace Lender releases Borrower !n writhe. tf Lender exercises the optlan to require tmmebieta payment in fu11, Lender stall: eve Borrower notloa d acoeleratlon. The rwtice shall provide a perbd d not bas than 30 days irorrl the dabs the notloe b ptvrln h accor+danca with Section 1 b within which Borrower must pay aA sums secured by this Ssaxity'Inebvment. tf 8orrower tails to pay these sums pprr{{or to the axpkadan of thin period, lender may invoice any romedles pennltted by this Security fnatrument without furtt>er notice or demand on Borrower. oazeroy Pape 2 or 3 Inleak• y ryi`` ~ c~~, ~,E~ $K } 958PG3671 s, taoRROwER's RIt;Hr To PREPAY I have the rl~t to make p yments of Principal at any time before ttasy ens due. A payment of Prl I only is known as a "Prepayment," When 1 mska a Pre sym~nt, f wd! taN ale Note Holder in that I am ddna so. I may not deslpnate a payment saga Prepayment if I have not made ali the monttUy payments due urxfer thla Note. The Nom Helder w1t use myy Prepayments to reduce the amount of Priedp~ that i owe under this Note.~tioNravar, the Note Haldsr apply my Prepayment to the accnrad end unpaid interest on the Prepayment amount before appl p my Prepayment to raduoa the Prtnclp amount of thla Note. p I make a partlal Prepayment, there will be rw changes in the due dates of~ry monthly payments~urweaa the Note Holder ayreaa fn wr{tlnp to tboss atmnpas, My partlal Pmepsyrt~ant may uce the amount of my montltlyu payir~ents after the tbs! Change Date iblkrwirp my partlal Prepwment. liow~ever, any red r. due to rrty par~al prapayrnent may be oAaet! by an increase In the 7ntereat rate. H the arl8kia! Principal amount of thta loan Is 530,000 or leas, I may make a fiill ar partlal Prepayment wlthcut pa any penalty. However, iF the oriplnal PriedPel amount of thls Note excoeda 5160,000 and ~n the flrat Twenty-tour {2<} months aver the aroacuibrp o{ ffra 5e~ty instrument, 1 make full Prepayment or, in certialn tales a partlai Pr~ yment, and the pNal of s fiuc Prspayrnent(s) In any one (i) ywr exoseda TWENTY PERCENT { )date arlplrml Principal advantx ir~erest on the ap ~mre ~t rearge to an amount equal to the pppqyyr ant of SiX~~((@) months' original PrMdpal amount. p Pe~ which ES in excess of lWL"NTYmPERCENT-(Z~96) of the BY 31CiNINC3 BELOW, Borrower aaoepta and sprees to the tertna and oovenanta r~ntafned fn thla Adjustable Rata Rider. tiL 5 W. RUSSFIL ~ _Bpmpyy~ PRISCIL E. RUSS~[1 '~ .gam ~~~ ~~~ CHARLES R HE KERT ~ {5eal) -Bonnwer _ (Seal) -t3amower P.pa 3 of 3 . (~) -eorrvvuer ._ (Seal) -Bortnwer Iritlalr, ~ ~;~ ~. ~1;~ BK1958PG3G72 $]Q~IBIT •11" LE(~l\L DESCRIPTION 1T"T• that certain parcel of land cad is~rovea~snts thereon situate in the Horouylh of; Shiremansto~ra, County of C~sberlaad cad Cowwcrnxealth of Pennsylvania, and designated as Parcel No. 37-Z;~-035-ZOS and sore fully described in a Deed dated ]Ipril Z7, Z006 and raGordad Nay 05, 2006 in Cumberland County is Deed Book Yoltinse Z74 ast Page 1987, graated anid conveyed unto Priscilla 8. Russell, married indilridunl, as to a oa~e-fourth (1/Z) interest, Charles W. Russell, carried individual, as to a one-fourth (1/~) iaterest, cad Charles R. Heckert, single individual, as to a one-half (1/Z) interest, as tenants in ccamon Mfthout the right of survivorship. r Certify t;; is to be recorded Ii1 Cu: <b~.;r~~~r;d ~C;ou~~ty pq '~~ ~ s •, B~f ! 95$PG ah73 REV-1513 EX+ (g-00) COMMONWEALTH OF PENNSYILVANIA INHERITANCE TAX RETUF;N RESIDENT DECEDENT SCHEDULE J BENEFICIARIES ESTATE OF Heckert ,Charles R. NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY I~ TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116(a)(1.2)] Keith A. Heckert 256 E. Main Street Shiremanstown, PA 17011 Priscilla E. Russell 256 E. Main Street Shiremanstown, PA 17011 FILE NUMBER _ 21-08-0632 RELATIONSHIP TO SHAf2E OF ESTATE AMOUNT OF ESTATE DECEDENT (Words) ($$$) Do Not List Trusteelsl Nephew Seventy-flive percent of rest, residue and remainder Sister tweinty-five percent of rest, residue and remainder Total Enter dollar amounts for distributions shown above on lines 15 through 18, as appropriate, on Rev 1500 cover sheet ~~ NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TA:( IS NOT BEING MADE B. CHARITABLE ANC) GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET O,OQ Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule J (Rev. 6-98) LAST WILL AND TESTAMETJT OF CHARLES R. HECKERT I, CHARLES R. HECKERT, of Shiremanstown, Cumberland County, Penn:~ylvania, make, publish and declare this as and for my Last Will and Testament, hereby revoking all other Wills and Codicils heretofore made by me. FIRST: I devise and bequeath all the .rest, residue and remainder of my estate of whatever nature and why=rever situate, including any property over which I hold power o:E appointment and together with. any insurance policies thereon, as follows: (A) Seventy-five percent (750) thereof to my nephew, KEITH A. HECKERT, provided that should he predecease me, then to my sister, PRISCILLA E. RUSSELL. (B) Twenty-five percent (250) thereof t:o my sister, PRISCILLA E. RUSSELL, provided that should she predecease me, then to my nephew, KEITH A. HECKERT. 5EC~OND: In addition to all powers granted to them by law and by other provisions of this Will, I give the fiduciaries acting hereunder the following powers, applicablE~ to all proper- ty, exercisab:Le without court approval and effective until actual distribution of all property: (A) To sell at public or private sale, 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 (including credit, with or without security) or conditions as are deemed proper. This includes t:he power to give legally sufficient instruments for transfer of the property and to receive they proceeds of any disposition of it. (B) To partition, subdivide, or improve= real estate and to enter into agreements concerning the partition, subdivi- Sion, improvement, zoning or management of real estate and to impose or extinguish restrictions on real estatE~. (C) To compromise any claim or controversy and to abandon any :property which is of little or no value. (D) To invest in all forms of property, including stocks, common trust funds and mortgage investment funds, without restriction to investments authorized for Pennsylvania fiduci- aries, as arc= deemed proper, without regard to any principle of diversification, risk or productivity. (E) To exercise any option, right or privilege granted in insurance policies or in other investments. (F) To exercise any election or privilege given by the Federal and other tax laws, including, but not necessarily being limited to, personal income, gift and estate or inheritance tax laws. (G) To make distributions to my herei~~ named benefici- aries in cash or in kind or partly in each. (H) To borrow money from themselves o~~ others in order to pay debts, taxes, or estate or trust administration expenses, to protect or improve any property held under my will, and for investment purposes. (I) To select a mode of payment under any qualified retirement plan (pension plan, profit sharing plain, employee stock ownership plan, or any cther type cf qualified plan) to the extent the plan or the law permits them to do so, and to exercise any other rights which they may have under the plan, in whatever manner they consider advisable. THI]~D: I direct that all inheritance, estate, trans- fer, succession and death taxes, of any kind whatsoever, which may be payable by reason of my death, whether or not with respect to property passing under this Will, shall be paid out of the principal of my residuary estate. 2 FOURTH: I nominate and appoint my ne~~hew, KEITH A. HECKERT, Executor of this, my Last Wi11 and Testament. In the event of the death, resignation or inability to serve for any reason whatsoever of the said KEITH A. HECKERT, I nominate and appoint my sister, PRISCILLA E. RUSSELL, Executrix of this, my Last Will and Testament. I direct that my Executor or Executrix, as the case may be, and their successors, shall not be required to post security or a bond for the performance c>f their duties in ar~y jurisdiction. IN WITNESS WHEREOF, I have hereunto seat my hand and seal to thins, my Last Will and Testament, this :llo~+ day of l~ti~~u-a-~ 2 0 0 6 . ~~~ ~`~ ~.~~ ~, ~ ( SEAL ) CHARLES R. HECKERT Signed, sealed, published and declared, by the above- named Testator as and for his Last Will and Testament in our presence, who, at his request, in his presence and in the presence of Each other, have hereunto subscribed our names as attesting witnesses. Address Address 3