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Home My WebLink About05-07-09J REV-1500 EX cos-os> PA Department of Revenue Bureau of Individual Taxes PO BOX 280601 Harrisburg, PA 17128-0601 ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 191-09-8508 042D2008 12141912 Decedent's Last Name Suffix Decedent's First Name MI BABBLER ORA S (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name M I Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE - - REGISTER OF WILLS FILL IN APPROPRIATE BOXES BELOW 1. Original Retum ^ 2. Supplemental Return ^ 3. Remainder Return (date of death prior to 12-13-82) ^ 4. Limited Estate ^ 4a. Future Interest Compromise (date of ^ 5. Federal Estate Tax Return Required death after 12-12-82) ^ 6. Decedent Died Testate a 7. Decedent Maintained a Living Trust 8. Tota! Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust) ^ 9. Litigation Proceeds Received ^ 10. Spousal Poverty Credit (date of death ^ 11. Election to tax under Sec. 9113(A) between 12-31-91 and 1-1-95) (Attach Sch. O) CORRESPONDENT - THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number CRAIG A• HATCH, ESQUIRE 717-731-9b00 Firm Name (If Applicable) GATES, HALBURNER 8~ HATCH, P•C• First line of address 1013 MUMMA ROAD, SUITE 100 Second line of address City or Post Office LEMOYNE State ZIP Code PA 17043 c~ REGISTER Oi~$fS USE Ott i i - _~,-, r_ ~ _ ~ J - s . ~ 1~-~~ C ~ -,=; ~ ~ _ ~~ ~= ~ _- ~ DATE FILED '~ Correspondent's e-mail address: Under penalties of perjury, I declare that 1 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. PLEASE USE ORIGINAL FORM ONLY Side 1 1505b041158 6M46473.000 1505b041158 OFFICIAL USE ONLY CouJnt~y Code Year File Number INHREERSIDENT DECEDENTR" pL I ~ Du 33 1505b041158 J Estate of ORA S. BASSLER Executors (Page 1) Name Gary C. Bassler Address 395 Old York Road Dillsburg, PA 17019- Tax ID 163-40-5791 191-09-8508 15056042159 REV-1500 EX Decedent's Social Security Number 191-D9-8508 Decedent's NameaB A S S L E R O R A S RECAPITULATION 1. Real estate (Schedule A) 1 • D • D ^ 2. Stocks and Bonds (Schedule B) .. 2. 9 4 8.0 0 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) • 3. D • 0 ^ 4. Mortgages & Notes Receivable (Schedule D). 4. D . 0 D 5. Cash, Bank Deposits 8 Miscellaneous Personal Property (Schedule E) . 5. 5 D D • 0 D 6. Jointly Owned Property (Schedule F) ~ Separate Bitting Requested . 6. D • 0 D 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G) ~ Separate Billing Requested ..... 7. 113 2 3 3.0 ^ 8. Total Gross Assets (total Lines 1-7). .. .. . 8. 114 6 81 • 0 D 9. Funeral Expenses 8 Administrative Costs (Schedule H) . 9. 2 6 9 6 7 • 0 D 10. Debts of Decedent, Mortgage Liabilities, 8 Liens (Schedule I). 10. 15 8 5 • 0 D 11. Total Deductions (total Lines 9 & 10) ...................... 11. 2 8 5 5 2.0 0 12. Net Value of Estate (Line 8 minus Line 11) 12. 8 612 9 • 0 ^ 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) • 13• D . D D 14. Net Value Subject to Tax (Line 12 minus Line 13) 14. 8 6 ], 2 9 , 0 D TAX COMPUTATION -SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) X .0~ D• D D 15• D• O D 16. Amount of Line 14 taxable at lineal rate x .oti5 8 612 8.0 0 16. 3 8 7 6.0 0 17. Amount of Line 14 taxable at sibling rate X .12 ^ • D D 17. D • O D 18. Amount of Line 14 taxable at coliateral rate X .15 D. D D 18• D• O D 1s. rAx DUE ................................... 19. 3876.OD 20. FILL IN THE BOX IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT Side 2 15056042159 6M46482.000 15056042159 REV-1500 EX Page 3 Decedent's Complete Adriresc~ File Number DECEDENTS NAME BABBLER ORA S STREET ADDRESS CUMBERLAND CITY STATE ZIP CARLISLE, Tax Payments and Credits: 1. Tax Due (Page 2 Line 19) 2. CreditslPayments A. Spousal Poverty Credit D . D D B. Prior Payments D . D D C. Discount D . D ^ (1) 3876 • DD 3. InteresUPenalty if applicable D. Interest D - D D E. Penalty D • D D Total Credits (A + B + C) (2) D , D D Total Interest/PenaRy (D + E) (3) D • D D 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Fill in box on Page 2, Line 20 to request a refund. (4) • D D 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) 3 8 7 6 • D ^ A. Enter the interest on the tax due. (5A) 0 , D D B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (56) 3 8 7 6 • D D 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 . X d. receive the promise for life of either payments, benefits or care? ^ 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? . 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? ^ X 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? ^ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE tT AS PART OF THE RETURN. For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is three (3) percent [72 P.S. 9116 (a} (1.1) (i)]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is zero (0) percent [72 P.S. §9116 (a) (1.1) (ii)). The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for use of a natural parent, an adoptive parent, or a stepparent of the child is zero (0) percent [72 P.S. §9116(x)(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. 89116(1.2) [72 P.S. §9116(x)(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(x)(1.3)]. Asibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. 6M4677 1.000 REV-1502 EX ~ (1 t-0B) pennsylvania DEPPRTMEMOF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE A REAL ESTATE ESTATE OF FILE NUMBER ORA S BABBLER All real property owned solety or as a tenant in common m ust 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 that is jointlyyowned with right of survivorship must tre disclosed on Schedule F. swosss 2.00o If more space is needed, insert additional sheets of the same size. REV-1503 EX + (s-98) SCHEDULE B COMMONWEALTH OF PENNSYLVANIA STOCKS ~ BONDS INHERITANCE TAX RETURN RESIDENT DECEDENT TE OF FILE NUMBER ORA S. BASSLER All property jointly-owned with right of survivorship must be disclosed on Schedule F. 3wasss i o0o tiT more space is needed, insert additional sheets of the same size) REV-1507 EX + (698) SCHEDULE D COMMONWEALTH OF PENNSYLVANIA MORTGAGES ~ NOTES INHERITANCE TAX RETURN RESIDENT DECEDENT RECENABLE ESTATE OF FILE NUMBER ORA S. BABBLER All property joinUyowned wRh right of survivorship must be disclosed on Schedule F. 3Wd6AC 7.000 (If more space is needed, insert additional sheets of same size) REV-1508 EX+ (698) SCHEDULE E COMMONWEALTH OF PENNSYLVANIA CASH, BANK DEPOSITS, 8c MISC. INHERITANCE TAX RETURN r~stoeNTOECEt~NT PERSONAL PROPERTY ESTATE OF FILE NUMBER ORA S. BASSLER Include the proceeds of litigation and the date the proceeds were received by the estate. 3wasno ~.ooo (If more space is needed, insert additional sheets of the same size) REV-1509 EX+ (~gt3) COMMONWEALTH OF PENNSYLVANIA INHERRANCETAX RETURN RESDB~lT DECEDBJ7 SCHEDULE F JOINTLY-OWNED PROPERTY ESTATE OF FILE NUMBER ORA S. BABBLER If an asset was made joint wkhin one year of the decedent's date of death, it m ust be reported on Schedule G SURV NING JOINT TENANT(S) NAME JOINTLY-0WNED PROPERTY: REM NUMBER LErrER FOR JOIN TENANT DATE MADE ~~ DESCRIPTION OF PROPERTY INCLUDE NAME OFFINANCULLINSTITUTIONANDBANKACCOUNT NUMBER OR SIMILAR IDENTIFYING NUMBER. ATTACH DEED FOR JOINTLY-HELD REAL ESTATE. DATE OF DEATH VALUEOFASSEf °~ OF pECD'$ R~Tff2EST DATE OF DEATH VALUE OF DECEDB~fT'S VJT132EST None RELATIONSHIP TO DECEDBJi TOTAL (Also enter on lin 6 Recapitul ~ n) I g 0 (If more space is needed, insert additional sheets of the same size) 3W46AE 1.000 REV-1510 EX + (696) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY ESTATE OF S. BABBLER This schedule must be completed and filed if the answer to any of questions t through 4 on the reverse side of the REV-1500 COVER SHEET is yes. ITEM NUMBE DESCRIPTION OF PROPERTY inner n E mane of nE rRgNSFeReE, n+EiR aEtnnon~a ro oeceoeNr qrn PEDATEOFTWN6FERg77gq~q(ppyOFTFEDEEDFORREALESTATE. DATE OF DEATH VALUE OF ASSET % OF DECD'S INTEREST EXCLUSION IF APPLICABLE TAXABLE VALUE ~ Real Property held in the Ora S. Bassler Irrevocable Trust U/A dated 02/28/2001. Borough of Woodbury, Bedford County PA Map No. 04-C.03-051. Appraised Value as of date of death 101,500 100.0000 0 101,500 2 1,233.801 Sh. Nationwide Bond Fund Class D @ $9.51/share - Held in the Ora Bassler Trust 11,733 100.0000 0 11,733 TOTAL (Also enter on line 7, Recapitulation) I $ 113 (If more space is needed, insert additional sheets of the same size) 3W46AF 1.000 REV-1511 EX+ (10.06) COMMONN/F1~LTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE H FUNERAL EXPENSES 8r ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER ORA S. BASSLER Debts of decedent must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1 Miscellaneous Etianeral Expenses 1 , 313 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative(s) G~~ F' Bassler Street Address 395 Old York Road Ciry Dillsburc7 State PA Zip 17019 Year(s) Commission Paid: Pending 2. Attorney Fees 3. Family Exemption: (!f decedent's address is not the same as claimant's, attach explanation) Claimant Street Address _ _ 4. 5. 6. 7. 1 2 City State Zip Relationship of Claimant to Decedent Probate Fees Accountant's Fees Tax Retum Preparer's Fees Property Taxes Heating Oil Total from continuation schedules . 6,875 2,500 1,239 1,155 13,885 TOTAL (Also enter on line 9, Recapitulation) ~ $ 2 6 , 967 7W46AG 1.000 (If more space is needed, insert additional sheets of the same size} Estate of: ORA S. BABBLER Schedule H Part 7 (Page 2) 3 House maintenance - supplies for repairs 4 House Maintenance - Labor for repairs 5 Homeowners Insurance 6 Home Maintenance 7 Kevin Albright - Pumbing Supplies and Labor for repairs to residence Total (Carry forward to main schedule) 4,600 5,248 427 260 3,350 13,885 REV-1512 EX+ (12-08) Pennsylvania OEPARTMENi OF REVENUE WFiERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULEI DEBTS OF DECEDENT, MORTGAGE LIABILITIES 8~ LIENS ESTATE OF ORA S. BASSLER FILE NUMBER Report debts incurred by the decedent prior to death that remained unpaid at the date of death, including unreimbursed medical exoenses_ o W4bAM l.UOU Ir more space Is neetletl, insert additional sheets of the same size. REV-1513 EX+(11-08) pennsylvania DEPNTTMENT OF REVENUE INHERITANCE TAX RETURN RESIDEM DECEDENT SCHEDULE J BENEFICIARIES ESTATE OF FILE NUMBER (BRA S _ AASST ER RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE I TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 2116 (a) (1.2).] 1, Fred A. Bassler 40 Union Church Road Dillsburg, PA 17019 Son 43,064 2 Gary C. Bassler 395 Old York Road Dillsburg, PA 17019 Son 43,064 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 1 8 OF REV-1500 COVER SHEET, AS APP ROPRIATE. [[ NON-7AXABLEDISTRIBUTIONS: A. SPOUSAL DISTR16UTiONS Ut~ER SECTION 2113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 1. TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET. $ 0 If more space is needed, insert additional sheets of the same size. 8 W 46AI 2.000 Estate of Ora S. Bassler Pennsylvania Inheritance Tax Return Form REV-1500 EXHIBIT A Copy of the Certified Death Certificate of the Decedent ~~~A;L R~~,,~~TRA~'S ~ERTI~I~AT1+®x~, I®F D~AT~! ~ARNIIVG: It is illegal to duplicate this copy by photostat or photograph. ~e for this eer(iticatc. ~~,.t";0 ~i his is to certii~ iiiai ii~e infonnati(~n het-e Qiven c<Irrectly copied frr~al an orivinal Certificate of Dea dt,(_Y' file;i ~+~ith m~ r~; i,ocai Re~istr~r. The origin rcrtiiicate 41`i!t 1:` ;xr,tarcted to the State. Vit _~e~))rd~ t)ii_r ire, ;~`±-n.,nent tilinLT Ce! ii!ilct~it,)1 I vi;tlihcC .~ ""~vyT-E U r~/i-r4./1-~ ! lr~V l ~~ / ~,<~C' Re`~ISn.;I ~;'~'a(7~L-GL~ ~8te IStiIIP.C~ nrus sa3 NEV mzuod COMMONWEALTH OF PENNSYLVANIA • DEPARTMENT OF HEALTH • V~ i AL RECORDS TYPE I PflINi dl PO RAC NIKKT CERTIFICATE OF DEATH (See Instructions and examples on reverse) __-__ _.. _ __.. ___ ~f L 1 l' ~~ IlP 1 ( ~~ I Wrrre a Dxexnl IT+Y n,gtla lav wW) ORA SUSAN BABBLER 2. Sax 9 Saul 6«eairy NunrOer _.... _ ..__ .._.. 1 Dew d Deam INrmm. Eay, ysaN EMALE 191 -09 -8508 ~} ,.L( a~ aoo~ s Age W sl ernnEarl umW I year timer I aaT 6. Dale a edm (Haan. day. war) T artlpsw (Gy am sale a Yregn can1M ea PEZCe d Deam IDlwdr ady am) 95 " Y Dan ~.„ IAw~ 12/14/1912 Everett PA Hosp~rd: Omer. ^I„p,rrenl ^Efl YOwpawnl ^DOa Narsry r«ane ^Reaidence ^otlbr-spb°ay: ' B0 C°uay d Qav. &. City. Raa, Twp. d Deam Btl. Fadl'ry Name Itl nd'vnMuepn. giW sueel am rxanOeN 9 Was OeceEent d Hispanic pignt ~ Nc ^ Yes ID Race: Amercan Yrban, &adl. Wmtle do Cumberland Carlisle , Manor Care Home 'tlYes epaarye•oa". Ispx~T Ma.rr;an. Porno Rrx,. ek I Whit e II Dectotnrs Usrul Orcvoai~on INN d won Sure nrey mss) d workN Im Do nol sMM rebedr 12. Wes Oacedertl evtlr H Ym 17. Oeudams EAralirn ISpedly nnN hnmzY aadt canpMleEl le Manta SMWS: NarOm ]tern MarrvA 15 Swvivno Spouse Itl wile give maiEen IMmel KN NvY d ' / ImrNry Dietary ~i~ Ret dome US. Mmed Fares? Elemaway / SxanEary 10121 Cotlegt I I.1 « 5.) W"1in'atl. Dwor<m 13iredH . ^yaa ~,° g Widowed --- I rrg Apes Str n w Nle x rmel a~nut '~o~t~m"~toa~ DxWen's DrE Deceden PA Aar.aReYdacr va sYY Lwema nt ^ Yea.OxmWtlENeEur T,,,p - Carlsile PA 17013 I]u c°wrq Cumberland r°"°tr"`T I]°QcNpDeraamltr.e~lw,nn Carlisle ' AcbNlL.dlxa aly/eap IB fame s Name If~Y. rmrLtla, uY. s Wul Harry Foor 19 wnnw's Nunw/Fvsl, mrOJk aiderr wm'urw) ~ Anna lGrubb 20a Nhvmarl s Name (Type I Prirul 2g0 gemmYa's MYMg Amlass (Sven, coy /town, sole, tp aAe) Gary Bassler 395 Old York Road Dillsburg PA 17019 21a MednE d Daposrnon { ^ Gaubn ^ 0«YWin ® our W ^ RtnarY nom 9alr 210. Dale d Oispmi0m IMNWr, Eay, yeaQ 21c %x d psposiuon INanw of cerrraery, nemalary a aNer yxel 21a Laalm (City I Ipwn, Yam, zp co0e) Wu GemYion « Domllan Augwrlxm ^ r3NNr-s,»..:rn- i OyYedcYEuminxlCaoneR ^Yea^Np 04/25/08 Dry Hill Cemetery Woodbury RD PA 16695 _ 2h Srg e d Fulcra n e la prson acbg u vwA) 220. lie sa NunOar 22c NNna am AEOOss d FaciGy - ~ 012461 - L S. GERALD WEAVER FH Box 217 Woodbury PA 16695 Capere Hems 27a< ady wr rP m9 2Ja. b tl my Ulowpege. Beam acureE Y tlY YnY, daY ally pYU NaleE. lSywWm am itle) - 230. Uranse NWrmer 2k. Dale SgreE IMaen Oay y6ar) Wgttwn rsm avatlaONaz Wre Wreamb "+r c:cse a cram ~~~~ ~~ ~ (~ / ~~ ~- . ~1/(, l ~Q l~ , , ~ S id `d ~ ~o rl l 3 _ L 0 0 hems 2J 26 mull °e cmpeitE 0y person t 21. i d Oeam 25. DYe Prawrc e0 O6aE (ebAr, Eay. yea) 26. Was Lase Relanm b Meaul Examrer I Canner Nx a fleason OUKr dMn Cre wn a Daa00n7 w n puraures Elam p ~ ~ 3 ~ M. A 7 ! -1..~ `~ U ~ U O ~ ^ Yes ~Tlo CAUSE OF DEATH (See Inalructlona en0 eaemplas) r Appravron vurnar Pan II Eaa atlrrr 31911dK-tlISpOGtlSgi WWmltlDglg,lbtdlg. 2fi DU TeOauo Use CrewiOule p DtlalhT em 2] Pan I. Enrer vx Han a er - arseases. eguws, a ranK.twaaau - mal 6rertly cwsm UY deem. DO NOT Ytla NrrnrW nvmW vcn a5 caNx aneY . DnsW w De.m oW na rurAiy n ors wbwlyry Ouse given n Pan I ^ Yes ^ PoeOady respralory arrzsl. a venurcrAar MXLMan rdMU snoang uY rKglpyy. LW aty o:e nose m earn and ^ No ^ urdardwn IYNEgATE CAUSE IlFrrw orseasea 1 cdrdnion resWlvg in Kaml --f (~ s z1 ~C/ /x^~) /n ss L/s~ 29. 0 Female. Due b la as a consetpraca dl: -- ^ Na pngwn wittxn µaY yzal SeguenlYtlY IY Cmnuans Y dny. 0 ^ Ptrganl Y Wrre d Seam NYtir Id Dw oust YileO ur Ww a ^ Na ga Eruer the UNDERLYMG CAUSE Due b Ia s a carser]uenu ol): - rrarA uul rYn l n i 02 S g . g g m i n ays ISSeusd a xyvy rMl nvaatd ne dl deem vems rzwen r. d m LASL w g . ) or Due m la u a zixeeguwsce oN r `, ItW gvywM. nM geyran 17 Gays Id 1 seer ° nAUre Seam r ^ UNuwwn J gzryYrN waM ew paY yur 7Ja Waz an A°NNaY 916 Wzre AuYpsy Fr.1gs 91. Manner d Dean 72a. Dam d fiP"Y Ileatln. my, yeYl 320 DzsaLe Ho.. tl'pr1' Dcnrntd 92c. PYCa d Iryuy. Hare. Farm. glees Faclgy. PtEun"Q' a.aiwN Pmr m CavlpLLarm ~ OXie &M6ng. a¢ (Speedy) dl Causz d Otams Ind ^ YnarrrcNe ^ rts (~ No ^ Yes ^ No ^ Aardtm ^ Ptrrory Invtsagalrar 3zd. lime d 0yury 72e Nwry Y Wah? 321 II Transponanon mV7l5<,rcM] 92g taaaand gMWY ISlmn, rey ]sown. suYl ^Yes ^yb ^OrwrrlOWrara ^Paswngtr ^PeUesuYn ^SrxAe ^CaaE NW lre Delermr6d M _]Gnwr . Syecq 3b Czrvnc. Icne:n «ry uel 930 Sryuwre • CeNying pnysrcunlPnysCrw•cc+el'r+y cawe Wdnm wlv+r argmer pnYSCren NaS µarwraeE Utaa aW Cary4lW Nwn:Jl _ v _ io IM Eesl al my nnowktlge, deYn ouuned dre m ere cause(!) am manner u sYleE_ _ _ _ _ _ _ _ _ _ _ _ Pronouncing arrd cenitying p0ysrcW 1F0 sicxm nom mn rNn dam M M - _ _ _ - - - _ _ _ - U s y µ g u a cer lw g lu cause d Eeaml To me eesl a m nno tea e ae ln 33: letrne Ira 33U Dare S ned Inwm m er) y w g , a «crned n uw Eme. aYe. Ya plxe, Wrd Ewa m are caasgal am eunnY a: smea_ _ _ _ _ _ _ _ _ _ _ ~1 - Medical Eaamuwr/C«oner ------~ vO ~ ~ ~ ( ` _ ( J . g y y . ~' z / ( v On ae oasis of eaamuraeon am I a my suga0on. rn my opimm~, deals occune0 at Nw Eme daM am plxe and due to dw [ausel3l am mann d O _ , , , N ss sYM _ 3a Menra Y-0AJa¢ss d Person Wlu CarprwE CausE d Dean Ila m 2)1 T yq I P(W -as sy" eatiowvrl ~ ~ 1 1 ~ 17 1 01 g l 9 1 - awFlyElAlaf~dayyran DARRYL GUISTWITE DO ,j 00 940 Walnut Hottom Road Carlsile PA 17013 V Dup05npn Pelrnz No. w~0 /~/ Estate of Ora S. Bassler Pennsylvania Inheritance Tax Return Form REV-1500 EXHIBIT B Copy of the ORA S. BABBLER IRREVOCABLE TRUST Under Agreement Dated February 28, 2001 ORA S. BABBLER IRREVOCABLE TRUST ARTICLE I CREATION OF TRUST A. This Trust Agreement is entered into on February ~, 2001, between ORA S. BABBLER as Trustor and GARY C. BASSLER and FRED A. BASSLER as Co-Trustees. B. The Trustor is widowed and has two (2) children, GARY C. BASSLER and FRED A. BASSLER. This Trust is established for the benefit of Trustor's children. C. This Trust shall be known as the "ORA S. BASSLER IRREVOCABLE TRUST". D. The Trustor and Trustee of this Trust have agreed that alternative dispute resolution should be utilized to preserve the total Trust Estate from the expenses of legal fees and litigation. For that reason, THIS TRUST IS SUBJECT TO ARBITRATION. The Trustee shall submit all disputes to arbitrations as provided in this Trust and arbitration awards shall be fully enforceable under the terms of state law and common law to the extent they are not inconsistent. ARTICLE II PROPERTY The Trustor has transferred and delivered to the Trustee the property described in Schedule A. Such property, together with any other property that may later become subject to this Trust, including any insurance policies purchased or received by the Trustee, described in Schedule B., shall constitute the Trust Estate, and shall be held, administered and distributed pursuant to the provisions of this Agreement. ARTICLE III ADDITION OF PROPERTY Trustor or any other person may add to the Trust additional property acceptable to the Trustee by way of inter vivos transfers, or by way of proceeds of insurance policies, or by way of transfer pursuant to the terms of the Trustor's will or the wills of other persons, or by way of transfers pursuant to directions contained in inter vivos trust agreements, or by way of death benefits under any pension plan or profit-sharing plan payable to the Trustee, or by anyone transferring property to the Trustee by deed, assignment, or otherwise, such property to be held upon the terms and subject to the uses and purposes set forth in this Agreement. Upon receipt and acceptance by the Trustee, such additional property shall become a part of the Trust Estate. ARTICLE IV IRREVOCABLE TRUST This Agreement and all trusts created under this Agreement are irrevocable and may not be altered, amended, revoked, terminated or modified in whole or in part by the Trustor or any other person, except through distributions permitted under this Agreement. Neither the Trustor nor any beneficiary under this Trust shall have the right or power to alienate, encumber or hypothecate his or her interest in the principal or income of the Trust in any manner. To the fullest extent of the law, the interests of the Trustor and any beneficiary in the principal and income of this Trust shall not be subject to the claims of his or her creditors or estate or be liable to attachment, levy, execution, or any other process of law. The interest of the Trustor and any beneficiary in the income and principal of this Trust shall be free from the control or interference of any creditor of the Trustor or any beneficiary and shall not be subject to attachment or susceptible to anticipation or alienation. ARTICLE V WITHDRAWAL RIGHTS A. In the calendar year of establishment of this Trust and in any calendar year during which additional property is transferred to the Trust whereby the Trustor has made or is deemed to have made a gift, each of the Trustor's living children, or beneficiaries shall have the power to withdraw property from the Trust, including the propeYt jT transferred. ~1ith respect to ai7y transfer, the value of the property subject to a power of withdrawal shall not exceed the maximum federal gift tax exclusion under §2503 (b) of the Internal Revenue Code of 1986 (the "Code") in effect at the time of transfer (currently $10,000 per transferor) or twice the maximum federal gift tax exclusion under §2503(b) of the Code in effect at the time of the transfer if the transferor is married at the time of the transfer and if there is a provision in the Code (currently §2513) permitting spouses to split gifts at the time of the transfer (currently $20,000), less the total value of all prior present gifts made by the Trustor (and the Trustor's spouse if the Trustor is married at the time of the transfer and if there is a provision in the Code permitting spouses to split gift at the time of the transfer) to or for the benefit of such children, or beneficiaries of the Trustor within the same calendar year; provided, however, that the total amount that the Trustor's children, or beneficiaries may withdraw with respect to all gifts made to the Trust by the Trustor shall lapse on February 31 of the year in which the transfer to the Trust is made by the greater of (i) Five Thousand Dollars $5,000) or (ii) Five Percent (5°s) of the value of the Trust Estate on February 31 of that year. To the extent that any power of withdrawal held by the Trustor's children has not lapsed in accordance with this paragraph 1, such child's 2 power of withdrawal shall continue. If the effect of this paragraph ~s~ould be to cause all or any part of a withdrawal right to lapse less than thirty (30) days after notice concerning that withdrawal right is given, then such lapse shall be suspended until the end of such thirty (30) day period, and the amount of such lapse shall occur on the next following February 31. B. The Trustee shall, promptly after an addition is made to the Trust (including the creation of the trust), notify the Trustor's children, or other beneficiaries of the existence of the power to withdraw the gifted amount, except that if such person is under a legal disability, notification shall be to his or her legal guardian or, if none, to a parent if such person is an infant or to an individual whom the Trustee deems appropriate. A notice shall include a description of (1) the transferred property, (2) the respective right of withdrawal resulting from the transfer, and (3) the time limit on exercise of the right. Such notice shall not be a condition precedent to, or in any way affect, the beneficiary's right to withdraw his or her share of such additions or contributions. Each holder of a power of withdrawal may exercise the power by a writing signed and delivered to the Trustee, except that in the case of a person under a legal disability, his or her power may be exercised by his or her legal guardian, committee or conservator. C. Any adult beneficiary, or guardian, may after receiving a notice, waive his or her right to any future notification by executing a waiver signed and delivered to the Trustee, but may reclaim at any time the righ~ to again receive notification. D. A beneficiary shall have the right at any time within thirty (30) days of the transfer to this Trust upon making written demand upon the Trustee to receive from the Trustee outright and free from this Trust all of such beneficiary's share of the property transferred or added to the Trust Estate by way of inter vivos gifts. Once such right as to an addition or contribution has lapsed, a beneficiary shall forever cease to have any right tc demand distribution with respect to such additions or contributions. E. The Trustee may distribute Trust property in cash or in kind, including insurance policies held in the Trust or interests in those policies, to a beneficiary making a withdrawal_ The Trustee is authorized to borrow, upon such terms as are reasonable and necessary, in order to provide for payment of amounts required by any exercise of withdrawal rights by a beneficiary. F_ The Trustee may at any time and from time to time amend the provisions of this Article governing powers of withdrawal in any way that the Trustee determines will help achieve the Trustor's goal of obtaining the gift tax annual exclusion for transfers to the Trust while avoiding other adverse consequences to the Trustor, 3 the Trustor's Estate, the Trust Estate and the Trust beneficiaries; provided, however, that the Trustee may not amend the provisions of their Article to convey powers of withdrawal. Such amendment may, for example, eliminate powers of withdrawal altogether, or deny powers of withdrawal to the beneficiaries, or alter the provisions regarding notification, or alter the annual limitations an the powers of withdrawal by any one person, or alter the terms on which any power of withdrawal lapses. Any such amendment made by the trustee in good faith shall be conclusive on all persons interested in this Trust and the Trustee shall not be liable for the consequences of any amendment or of non-amending. No such amendment shall limit any beneficiary"s right resulting from any transfer to the Trust made prior to such amendment. G. It is the Trustor's intention through the provisions of this Article to qualify transfers of the Trust for the federal gift tax annual exclusion and to minimize the federal gift tax consequences to any holder of a power of withdrawal. The provisions of this Article should be construed to achieve these objectives. ARTICLE VI PROVISIONS RELATING TO POLICIES OF INSURANCE A. Ownership and Purchase of Insurance Policies. The Trustor may name tre Trustee as beneficiary of certain policies of life insurance described in attached Schedule A or B. The Trizstor hF?rr~l~y rel 1.ngt_l1SheS all r1.gi'itS aild powers iii SiiCi1 policies or insurance which are not assignable, if any, and at the request of the Trustee will execute all other documents and instruments reasonably required to accomplish this relinquishment. The Trustee shall have the power to acquire in this Trust, or any trust created within this instrument, by purchase, bequest, gift or otherwise, one or more policies insuring the life, health, or income of any beneficiary or the Trust, or any person in whom any beneficiary has an insurable interest, and to retain any insurance policies as described in the attached Schedule B, as a part of the property of this Trust, provided, however, that so long as any policies constitute a part of the property of the Trust, the benefits thereunder shall be payable to the Trust. The Trustee shall have the power to exercise all rights, powers and discretion with respect to the acquisition, retention, disposition and maintenance in force of such policies that could be exercised by persons owning similar policies in their own right, including the following: 4 1. To receive dividends or distributive shares of surplus cash or to appllT same to the payment or premiums, to purchase additional insurance, including term or paid-up insurance or to permit the same to remain of deposit at interest with respect to the insurers; 2. To receive from the insurer or from any other lender such advances or loans on account of each policy as are available; 3. To receive disability benefits, medical payments, surrender values, proceeds of matured endowments, and other lifetime policy benefits; 4. To exercise all options, elections, rights, powers and discretion granted in each policy or granted to policy owners by practice of the insurer; 5. To sell, assign (absolutely or as collateral), pledge or hypothecate each policy; 6. To convert each policy into an extended-term coverage contract, or into any other form of insurance of annuity; 7. To pay premiums on each policy as they become due, from any principal of such trust, and to prepay for any reasonable period any premiums that may reasonably be expected to become due on any policy. B. Collection of Proceeds. Upon receipt of proof of death of the insured, or on the prior maturity of any policy, and on receiving possession of the policies, the Trustee shall use reasonable efforts to collect all sums payable on such policies, which sums on receipt shall become principal of the trusts created hereunder, except that interest paid by the insurer shall become income. All such sums shall be held, administered and distributed in accordance with provisions of Article VI. In connection with such insurance policies the Trustee shall have the power to exercise any settlement options, compromise, arbitrate or otherwise adjust claims regarding any policies, and shall have the authority to initiate, defend, settle and compromise any legal proceeding necessary in the Trustee's opinion to collect the proceeds of any policies. The receipt of the Trustee to the insurer shall be a full discharge of the insurer, and the insurer shall not be required to see to the application of the proceeds. 5 C. Payment of Insurance Premiums. The Trustee shall not be required to pay premiums, assessments or other charges on any insurance policies owned by, purchased by, made payable to, or transferred to this Trust, or otherwise to keep any of them as binding contracts of insurance. If at any time during the Trustor's lifetime the Trustor fails to adequately provide for the payment of premiums due on all insurance policies owned by this Trust of which the Trustee has received actual notice, the Trustee shall notify the Trustor in writing of the amount necessary to pay these premiums, and if the Trustor or any other person fails to advance sufficient funds to pay the premiums, the Trustee is authorized to take any action concerning the policies as the Trustee considers necessary or advisable, including but not limited to receiving from the respective insurers of or from any bank or other lender such advances or loans on account of any policies as may be available to maintain the policies. The Trustee may also convert any policy into an extended term coverage contract, supplementary contract, fully or reduced paid-up contract or into any other form of insurance or annuity, However, the Trustee shall not use the income or any assets which constit~ste current or accumulated income of any trust created under this Agreement in any way to pay premiums on life insurance policies held by the Trust. D_ Distributions from Qualified Retirement Account or Plan. The Trustee shall treat distributions from any qualified retirement plan as defined in I.R.C. §401(a), any qualified retirement annuity as defined in I.R.C. §403 (a) or 403(b), or any individual retirement account as defined in I.R.C. §408 (a) as income of the Trust to the extent that the distribution represents income generated or deemed to be generated by such plan cr individual retirement account, notwithstanding the treatment of such portion of the distribution under any law concerning the determination of income and principal for Trust accounting purposes. E. Right to Accelerate Payments and Make Property Productive The Trustee shall have the right to request the immediate payment of any part or all of the (benefit or IRA) in order to satisfy any request that my spouse may from time to time make to the Trustee to convert unproductive property into productive property pursuant to this Agreement. 6 ARTICLE VII DISPOSITION PROVISIONS A. During Trustor's Lifetime_ During the Trustor's lifetime, income of the Trust Estate shall be added to and become principal. The Trustee may access the Trust Estate and apply so much of the net income and principal of the Trust Estate as the Trustee~_~_n~e Trustee's discretion, shall deem necessary for any beneficiaries reasonable support, health, maintenance and educ zing into consideration to the extent the Trustee shall deem advisable, any other income or resources of the beneficiaries known to the Trustee and reasonably available for these purposes. B. Following Death of the Trustor Following the death of the Trustor, the Trust Estate including any undistributed income, shall not be used to pay the estate debts of the Trustor. However, the Trustee may purchase estate assets from the Trustor's Estate at fair market value or loan to the Trustor's Estate money provided the Trustee(s) secure the loan with adequate security and at a reasonable rate of interest. The remainder of the Trust Estate shall be disposed of as set forth below. In disposing of the Trust Estate, the Trustee may make Trust distributions on a non-pro-rata and non-homogeneous basis. 1. The Trustee shall first distribute all jewelry, clothing, autamoblles; works of art, hniigF?17n1 rj fi~rni dire anal furnish; ngc an.7 other tangible articles of a personal nature according to a Personal Property List accompanying this Trust, otherwise such personal property shall be distributed to the Trustor's children who survive the Trustor for thirty (30) days, in equal shares as the children shall agree or as the Trustee may determine if such children cannot agree. If none of the Trustor's children survive the Trustor for thirty (30) days, all articles of a personal nature distributable under this subparagraph shall be distributed in equal shares to those among the grandchildren of the Trustor who survive the Trustor by thirty (30) days as such grandchildren shall agree or as the Trustee may determine if such grandchildren cannot agree. (Trustee shall represent any minor child in any division of such property and may deliver the share of any minor child to the person(s) having custody of such child, without bond, and accept the receipt of such person(s) as full satisfaction.) If none of the Trustor's children or grandchildren survive Trustor by thirty (30) days, or if the articles of a personal nature distributable under this subparagraph are not in the Trustee's discretion suited for distribution, the Trustee shall sell such articles and add the proceeds to the principal of the Trust Estate to be held, administered and distributed as provided below. 7 2. The Trustee shall divide the remainder of the estate into as many equal shares as there are children of the Trustor then living, currently GARY C. BABBLER and FRED A. BABBLER and deceased children of the Trustor leaving issue then living. The Trustee shall allocate one such share to each living child of the Trustor and one such share to each deceased child of the Trustor leaving issue then living. A share allocated to a deceased child of the Trustor shall be further divided into as many equal shares as there are living issue of such deceased child. Each such share shall be distributed or retained in trust as provided below. 3. Each share allocated to a living child of the Trustor shall be distributed to such child free from trust as soon as possible. Notwithstanding, any child may allow his or her share to retained in trust to be administered in accordance with the provisions of this agreement. 4. Each share allocated to the issue of a deceased child of the Trustor shall be distributed to such issue, upon the principle of representation, subject, however, to the provisions concerning distributions to beneficiaries under age twenty-five (25) set forth below. 5. Notwithstanding any provision of this agreement to the contrary, any share of the Trust Estate distributed to the issue of a deceased child of the Trustor under age twenty-five (25) under the above provisions (other than a child of the Trustor) shall be held and administered for such person's benefit while such person is under age twenty-five (25) and the Trustee shall apply so much of the nat 1.nCp?T!e and r~rinrir-ial of g,u~l-i S~:are t r" t ~n r1 rU1 as h~.. T ...s ~.e`. , the Trustee's discretion, shall deem necessary for such person's reasonable support, health, maintenance and education. The Trustee shall accumulate for the benefit of such person any income not so applied or paid. When such person attains age twenty-five (25), any amount then held for such person shall be distributed to such person and in case of such person's death prior thereto, shall be distributed to such person's estate. 6. In the event that no issue (or issue of a deceased child) survives the Trustor, then any remaining Trust principal and current income shall be distributed free from trust, to such person or persons who would have been entitled thereto under the law cf the Commonwealth of Pennsylvania if Trustor had died intestate, seized and possessed in said property in her own right and possessed of said property in her own right and domiciled in the Commonwealth of Pennsylvania. 8 7. In this trust agreement, the term "the Trustor's children" shall refer to the Trustor's children named in ARTICLE I. B. and to any other child or children born to the Trustor's or legally adopted, after the date hereof. The terms "Trustor's issues or issue" shall refer to the Trustor's children and to the lawful descendants in the first degree of the Trustor's children. ARTICLE VIII GENERAL PROVISIONS A. Tax Defective and Effective Provisions. It is the Trustor's intention that this Trust shall be effective to remove all assets from the Trustor's taxable estate for both Federal and State Death Tax purposes after the expiration of the applicable periods. Notwithstanding, it is the Trustor's intention that this trust be "tax defective" for Federal and State income tax purposes with all items of income and/or loss derived by the trust from whatever source, to be attributed to the Trustor and utilized on her Federal and State income tax returns as if earned directly by her. In or_d.er to ar}~hi era this go al , the Tr" +-„r i,-, ~ a u.S. Zvi 11 CLj L etQ111eU d 11Un' fiduciary power to substitute Trust property with property of equal value in accordance with Internal Revenue Code Section-675 (4) (C) and any other relevant provisions, until such time as this power is irrevocably revoked in writing and delivered to the Trustee. To this exte Trustee ay ~' ~'~~ '" nt t _e m ame:~u ~1~~ gust in or er to effectuate this goal in order to accommodate any changes in the law. However, it being of paramount concern that the Trust estate be removed from death tax, this power will become null and void if any provisions of the Internal Revenue Code, or other applicable law renders Trustor's purpose invalid. B. Guides to Invasion of Principal. As a guide to the Trustee in the exercise of their discretion to pay to or apply for the benefit of any beneficiary the income or principal of the Trust Estate, it is desired that such discretion be exercised so that the welfare of any minor issue of the Trustor is at all times of paramount concern. In this connection, it is desired that any such discretion of the Trustee be exercised without regard to the extent to which any distribution or application of income or principal may result in depletion of the Trust Estate, or of the respective shares of the beneficiaries, it being desired that at all times over the lifetime of the Beneficiaries that their immediate needs take preference over the husbanding of principal. 9 C. Spendthrift Provision. The interest of each beneficiary in the income or principal of a trust under this instrument shall be free from the control or interference of any creditor of a beneficiary or of any spouse of a married beneficiary and shall not be subject to the claims of creditors of any beneficiary, or to judgment, levy, execution, attachment.,- bankruptcy proceedings, or other legal or equitable process, or susceptible to anticipation or alienation, and each beneficiary shall be without the power, voluntarily or involuntarily, to sell, mortgage, pledge, or hypothecate any interest in or the income from such trust. D. Definition of Education. Whenever a provision is made in this Trust for payment for the "education" of a beneficiary, the term "education" shall be construed to include college and post-graduate study and vocational school, so long as in the sole judgment of the Trustee, such study is pursued to advantage by the beneficiary, at an institution of the beneficiary's choice. This definition shall also include related reasonable living expenses while the beneficiary is pursuing such education. E. Seqregation of Trusts. There need be no physical segregation or division of the various trusts, except as segregaticn or division may be required by the termination of any of the trusts, but the Trustee shall keep SPT)aratF? arvrniintS for the d1~~°"~,-, +- d. '.7 ,-. ,a ~-,.. ~,_ i ii~-i ~.ii t, ui1 iv1uCU '1111..0 reS1.5. F. Distribution of Accrued or Undistributed Payments. Whenever the rights of any beneficiary to payments for net income or principal shall terminate, either by reason of death or otherwise, all such payments accrued or undistributed by the Trustee at the date of such termination shall be distributed to the beneficiary entitled to the next successive interest, except as to which the exercise of any power of appointment shall be effective. G. Duty to Account to Beneficiaries. The Trustee shall account to the beneficiaries at least annually, following the death of the Trustor and at the termination of the Trust, and upon a change of Trustee, to each beneficiary to whom income or principal is required or authorized in the Trustee's discretion to be currently distributed. An account furnished to the beneficiaries shall contain the following information: 10 1. Statement of receipts and disbursements of principal and income that have occurred during the last complete fiscal year of the Trust or since the last account. 2. A statement of the assets and liabilities of the Trust as of the end of the last complete fiscal year of the Trust or as of the end of the period covered by the account. 3. The Trustee's compensation for the last complete fiscal year of the Trust or since the last account. 4. The agents hired by the Trustee, their relationship to the Trustee, if any, and their compensation, for the last complete fiscal year of the Trust or since the last account. H. Distribution of Trust if Uneconomical. Notwithstanding any provision of this Trust to the contrary, if at any time f ollowing the death of Trustor any share of the Trust being administered for any income beneficiary or group of income beneficiaries has such fair market value as to make continued administration of the share or trust uneconomical as determined by the Trustee in the Trustee's discretion, the Trustee maV paV the Pnt' i re hal ante of Sl:Ch Sl-lar° Cr trust to tiie pcrsOii Or persons then entitled to the income from such share or trust, in proportion to their interests, or to the guardian, parent, person or institution having custody of such person, or in the case of a minor, to deposit the same into a savings account in the name of such minor, or to make an irrevocable transfer to an adult or trust company as custod~ar, for the bellef1t of file rCtlilor Uilder the applicable Pennsylvania Law pertaining to the transfer to minors. If the right to income is not fixed at the time the Trustee determines that the continued administration of the share or trust would be uneconomical, distribution under this paragraph shall be made, by right of representation, to such issue of the Trustor as are then entitled or authorized in the Trustee's discretion to receive income payments, or if there are no such issue, in equal shares to those beneficiaries who are then entitled or authorized to receive income payments. I. Duty to Inquire. No party entering into any transaction of any kind whatsoever with the Trustee with respect to any of the trusts created in this Agreement shall be under ar~y duty, obligation or liability to inquire into the authority of the Trustee to enter into such transaction or into the manner in which the Trustee might dispose of the consideration received by the Trustee in connection with such transaction. 11 J. Payments to Other Than Beneficiar The Trustee may apply payments for the benefit of any beneficiary and if any payment or distribution is directed or authorized to be made to a beneficiary who is then under age eighteen (18), or whose mental or physical health is then such that in the sole opinion of the Trustee the interests of such beneficiary may be served by providing disbursement or distribution on behalf of such beneficiary through other channels, in whole or in part, other than directly to such beneficiary, the Trustee may make such payment or distribution from time to time in either one or both of the following ways: 1. To the legal representative of such beneficiary; or 2. By the Trustee expending or using the same for such beneficiary in accordance with the terms of this Agreement. A receipt for any such payment or distribution made pursuant to subparagraph 1 above from any such recipient shall be a complete discharge of the Trustee, who shall not be required to see to the application of any money so paid. K. Perpetuities Savings Cla>>se. Unless sooner terminated in accordance with other provisions of any trust created by the exercise of any power of appointment conferred by this Trust, each trust created under this Agreement, and each trust created by the exercise of any such power c= appointment shall te,-i„i~ate t;gentz'-One ~~~~ years of ter t~"'ie deatr'i of the last survivor of the beneficiaries in being at the time this Agreement was entered into. All principal and undistributed income of any trust so terminated shall be distributed to the then income beneficiaries of that trust in the proportions in which they are, at the time of termination, entitled to receive the income; provided, however, that if the rights to income are not then fixed by the terms of the trust, distribution under this clause shall be made in equal shares to those beneficiaries who are then entitled or authorized to receive income payments. L. Children and Issue. In this instrument, the terms "issue", "child", and "children" shall include only lawful issue and legally adopted children and shall include, unless specifically excluded, any children hereafter born or adopted. M. Severability. If any provision of this Trust is unenforceable, the remaining provisions shall nevertheless be carried into effect. 12 N. Number and Gender. As used in this Trust, the masculine, feminine or neuter gender, and the singular or plural number shall each be deemed to include the others whenever the context so indicates. ARTICLE IX TRUSTEE'S POWERS To carry out the purposes of any and all trusts created under this Agreement, and subject to any limitations stated elsewhere, the Trustee is vested with the following powers, in addition to those now or hereafter conferred by law: A. Continue to Hold Property. To continue to collect, hold and retain any property, including, if a corporate Trustee is then serving, shares of the Trustee's own stock, as long as the Trustee deems advisable. B. Manage and Control. Tn mananc Co::trOl n,-~~,-,t .~„-,t i i i c.. _, L. '`--/ , ~1-uii t. v~/~ioilS vil, .~~.e11 \1V1 1, a.711 V1 Vll deferred payments), convey, exchange, partition, divide, improve and repair trust property. C. Lease Property. 'j'n 1 aacc `Trust property f^vr t2rmiS witrilil or beyond tiie term of the trust and for any purpose. D. Borrow. To borrow money for the debts of the Trust or the joint debts of the Trust and a co-owner of Trust property and to encumber or hypothecate Trust property by mortgage, deed of trust, pledge, or otherwise. E. Loans to Beneficiaries. To make loans out of the Trust property to beneficiaries on the terms and conditions that the Trustee determines are fair and reasonable, and to guarantee loans to beneficiaries by encumbrances on trust property. F_ Carry Insurance. To carry, at the expense of the Trust, insurance of such kinds and in such amounts as the Trustee deems advisable to protect the Trust Estate and the Trustee against any hazard. 13 G. Commence or Defend Litigation. To commence or defend such litigation with respect to the trust or any property of the Trust Estate as the Trustee may deem advisable, at the expense of the Trust. H. Compromise or Adjust Claims. To compromise or otherwise adjust any claims or litigation against or in favor of the Trust. I. Invest and Reinvest. To invest and reinvest the Trust Estate in every kind of property, real, personal, or mixed and every kind of investment, including without limitation corporate obligations of every kind, stocks, preferred or common, shares of investment trusts, investment companies, common trust funds, mutual funds, mortgage participation and money market funds which men of prudence, discretion and intelligence acquire for their own account. J. Powers Respecting Securities. Wlth respect t0 Sa~tiri t`i ec hel .7 in the Trust, tv have aii t he rights, powers and privileges of an owner, including without limitation the power to vote, give proxies and pay assessments, to participate in voting trusts, pooling agreements, foreclosures, reorganizations, consolidations, mergers, liquidations, sales and leases, and incident to such participation to deposit securities with and transfer r; tle to any protective or other committee on such terms as the Trustee may deem advisable; and to exercise or sell stock subscription or conversion rights. K. Professional Assistance. To appoint, employ and pay such agents and employees as the Trustee deems necessary or advisable, including without limitation accountants, attorneys, investment counselors, real estate brokers and custodians of the Trust property. L. Nominee's Name. To hold securities or other property in the Trustee's name as Trustee under this Trust, or in the Trustee's own name, or in the name of a nominee of the Trustee, without disclosing any fiduciary relation, or to hold securities unregistered in such condition that ownership will pass by delivery. If more than one Trustee shall be acting, the Trustee may designate one or more of them in whose name property may be so held. 14 M. Bonds at Premium. To purchase bonds and to pay such premiums in connection with the purchase as the Trustee in the Trustee's discretion deems advisable; provided, however, that each premium shall be repaid periodically to principal out of the interest on the bond in such reasonable manner as the Trustee shall determine and to the extent necessary, out of the proceeds on the sale or other disposition of the bond. N. Bonds at Discount. To purchase bonds at such discount as the Trustees in the Trustee's discretion deems advisable, provided, however, that each discount shall be accumulated periodically as interest in such reasonable manner as the Trustee shall determine and to the extent necessary paid out of the proceeds on the sale or other disposition of the bond or out of principal. O. Undivided Interests. To hold undivided interests in property, real or personal. P. Adminlstratinn F.xr~angec To incur and pay all taxes, assessments, costs, charges, fees and other expenses of every kind in connection with the administration of the trusts hereby created. Q- D1V1s1CT?S and Distr~b'ut1Cr~S. To partition, allot and distribute the Trust Estate, on any division or partial or final distribution of the Trust Estate, in undivided interests or in kind, or partly in money and partly in kind, at valuations determined by the Trustee, and to sell such property as the Trustee may deem necessary to make division or distribution. R. Tax Elections. To take any action and to make any election in the Trustee's discretion to minimize the tax liability of this Trust and its beneficiaries, and the Trustee shall allocate the benefits among the various beneficiaries, and shall make adjustments in the rights of any beneficiaries, or between the income and principal accounts, to compensate for the consequences of any tax election or any investment or administrative decision the Trustee believes has had the effect of directly or indirectly preferring one beneficiary or group of beneficiaries over others. 15 S. Bank Accounts. To open and maintain bank accounts in the name of the Trustee with any bank, trust company or savings and loan association authorized and doing business in any state of the United States of America. If more than one Trustee shall be acting, any one Trustee may act on behalf of the Trust as agent for the Trust and conduct banking activities and make deposits, withdrawals and endorsements; and such bank, trust company or savings and loan association shall be protected in relying upon the instructions and directions received from any one Trustee. T. Partnership. The Trustee may enter into any general or limited partnership agreement, become and remain a general or limited partner under it, and carry out all the terms and conditions of any partnership agreement, notwithstanding the fact of that the Trustee may also be a partner of the partnership for the Trustee's own account. U. Principal and Income. Except as otherwise specifically provided in this Trust Agreement , matters rrlat i ncr to the r; ~-rhr c of benef iciari°~ _, ~~~~-~+ `J auto llg themselves as to principal and income shall be governed by the applicable provisions of Pennsylvania Law in regard to the rights concerning distribution of income and principal_ If Pennsylvania law contains no provision concerning a particular item, the Trustee shall have the power to determine what is principal or income of the Trust Estate and to a ort ~n and all * in *~ T ' pp i.. oca,_.e Mlle ~rus`ee J discretion receipts and expenses as between these accounts. All of the above powers shall be subject to the Trustee's duties to treat both the income beneficiaries and remaindermen equitably. V. Real Estate. To sell, subdivide, raze, alter, dedicate, vacate, resubdivide, donate, partition or release real estate and any or all improvements, and to renew or extend leases, amend, change or modify leases, contract to make leases, grant options to lease, options to renew leases, options to purchase the whole or any part of the reversion, contract regarding the manner of fixing the amounts of present or future rentals, and grant easements or charges of any kind on or with respect to such real estate, or any right, title or interest in such real estate, all for such considerations and on such terms and conditions as the Trustee shall determine. 16 W. Mercer of Trust. If the provisions of any trust created under this Trust Agreement become substantially identical to the provisions of any other trust established by Trustor or by any other person for the same beneficiary or beneficiaries, Trustee may, in their absolute discretion of the Trustee, terminate such trust created hereunder and distribute all of the assets thereof to the Trustee of such similar trust or may accept from such other Trustee the assets of such similar trust, and the transferred assets shall thereafter be held, managed and distributed as a part of the assets of the trust to which such assets are transferred. X. General Power and Limitations. Although the enumeration of certain powers of the Trustee shall not limit the Trustee's general powers, the Trustee shall always be subject to the discharge of the Trustee's fiduciary obligations in the exercise of any powers contained in this Agreement. ARTICLE X P12~VT~TQNG ('QT~T~F.RNTNrr mp~TCTEEc A. Successor Trustees. 1. In the event that GARY C. BASSLER or FRED A. BABBLER fails or ceases to act as Trustee, then the survivor between them, shall act as Sole Trustee, without the execution of any further instrument. 2. If all of the above named individuals fail or cease to act, the successor Trustee(s) shall be selected by a majority of the beneficiaries then entitled to receive a distribution and must be either: a. A bank or trust company which has assets of no less than Twenty Million Dollars ($20,000,000) or, b. An individual: (1) Who is experienced in business, finance, or investments or who is an attorney experienced in the trust or tax fields and (2) Who is neither: 17 (a) A beneficiary hereunder nor related to any beneficiary in any of the following classifications - spouse, ancestor, lineal descendant, brother or sister - nor (b) An employee of any beneficiary or of any co-~poration, firm, or partnership in which any beneficiary is an executive or has stock or other holdings which are significant from the viewpoint of control. 3. The Trustors) reserve the right to remove and replace any existing Trustee with another Trustee, provided such substitute is an "adverse party" Trustee consistent with the Internal Revenue Code and accompanying regulations. B. One Trustee Acting On Behalf of Multiple Trustees. Any Trustee, whether individual or corporate, shall have the power to make any decision, undertake any action, or execute any documents affecting the Trusts created herein. In the event of a differenr__e of nni ni nn amv,-;rr the mr„ +- .-t„-. ,a ..,-., c r-----~--- - ~ .,~S~eeS, ~.iic uc~:iSiGii OL a majority of them shall prevail, but the dissenting or nonassenting Trustees shall not be responsible for any action taken by the majority pursuant to such decision. In the absence of a majority and in the event of a conflict or disagreement, any such disagreement shall be submitted to binding arbitration. C. Removal of Corporate Trustee. Following the death of Trustor, any corporate Trustee or Trustee of any trust may be removed and a new corporate Trustee authorized to do business as a corporate fiduciary and having assets of no less than Twenty Million Dollars ($20,000,000) may be appointed by majority in percentage interest of all income beneficiaries of such trust. The guardian, conservator or other personal representative of any adult or minor income beneficiary may exercise the power granted to such income beneficiary in this paragraph. When the remo~~ed corporate Trustee or Trustee has received notice of its removal and has been notified in writing by its successor of the latter's acceptance of appointment, the removed corporate Trustee shall immediately surrender to the remaining Trustee or Trustees, if any, or to the successor corporate Trustee, as the case may be, all books, records and assets in possession of the removed corporate Trustee relating to the affected trust, and shall be discharged of all further liability upon rendering his final report and account. 18 D. Absence. Illness or Temporary Incapacity of Trustee. If a Trustee (if one exists), is unavailable to perform the duties of the Trustee because of absence, illness, or other temporary incapacity, the remaining Trustee or Trustees may act for the Trust when necessary to accomplish the purposes of the Trust or to avoid irreparable injury to the Trust property as if they are the only trustees. E. Incapacitation of Trustee. If a person acting as Trustee becomes physically or mentally incapacitated in any way so as to make it impracticable for such person to give prompt and intelligent consideration to financial matters, such person shall cease to act as the Trustee, and the individual, individuals or corporation designated in or appointed pursuant to the terms of this Agreement as the successor Trustee or as Trustee, as the case may be, may act or commence to act as the Trustee without liability for assuming the office of Trustee, after delivering written notice of such action to the incapacitated person and to the Trustor if then living and competent. A person shall be deemed incapacitated if a guardian or conservator of the person or estate, or both, if such person has been appointed by a rnTurt haLTing ]t:r1Sd1Ct Y, f~-1,,,.,. ~L.,. ~.-,-.~,7; i vii vv'er ~u~u iiia 1. t.Ct~ Vr 1. 11C aLl.C11U 1118 physician of such person has certified in writing that such incapacitation exists. F. Resignation of Trustee. Any Trustee may resign at oily tliTie by glvlilg thirty (~0) days written notice to all the qualified and acting Trustees, or if there are none, to all of the adult, competent, income beneficiaries, and the guardians, conservators and other personal representatives of all incompetent or minor income beneficiaries of all trusts existing under this Agreement, at the last known address of such beneficiaries or legal representatives. Any such Trustee shall be discharged from all further liability upon the approval of such Trustee's final report and account. G. Power to Appoint Additional Trustee. Any individual, while acting as sole Trustee, is authorized at any time, in such individual's discretion, to designate as an additional Trustee, either another individual, or a trust company or bank authorized to transact trust business and having assets of not less than Twenty Million Dollars ($20,000,000)- Such designation shall be made by an acknowledged, written instrument executed by the Trustee making such designation, and delivered to such additional Trustee. 19 H. Successor Trustee. No successor Trustee or Trustee shall be liable or responsible for any losses or expenses resulting from or occasioned by anything done or neglected to be done in the administration of any trust prior to the date of acceptance of appointment by such Trustee. Moreover, no successor Trustee or Trustee shall be charged with the responsibility for examining or looking into the actions of any predecessor. Every successor Trustee shall have all rights, powers, authorities, duties, privileges and discretion granted to the Trustee originally named. I. Compensation of Trustee. The Trustee shall be entitled to reasonable compensation for services as such and to reimbursement for any expenses incurred in the performance of the Trustee's duties. However, such fee shall not exceed those permitted under applicable state law, regardless of their reasonableness. J. No Bond. No bond shall be required of any individual named as Trustee, [~7}1PY}le Y' act1n~ ~r'i ntl r l l ~L-. .. ~.~..-...-..-. ,-. .. F ,~..~ ' ~ ~.~ Y ~~ SeVE'rCZ11y iiL ~iic pcriviiiiaii~.c ~i Uu~1eS as a Trustee, and whether any other person named as Trustee with such individual shall be qualified and acting. ARTICLE XI MISCELLANEOUS PROVISIO23S A. Resolution of Conflict Any controversy between the Trustee or Trustees and any other Trustee or Trustees, or between any other parties to this Trust, including Beneficiaries, involving the construction or application of any of the terms, provisions, or conditions of this Trust shall, on the written request of either or any disagreeing party served on the other or others, be submitted to arbitration. The parties to such arbitration shall appoint one person to hear and determine the dispute and, if they are able to agree, then the persons so chosen shall select another impartial arbitrator whose decision shall be final and conclusive upon parties. The cost of arbitration shall be borne by the losing party or parties, in such proportion as the arbitrator(s) shall decide. Such arbitration shall comply with the commercial Arbitration Rules of the American Arbitration Association, 140 West 51st Street, New York, New York 10200. 20 ORA S. BABBLER IRREVOCABLE TRUST SCHEDULE A SCHEDULE B B. No Contest. If any beneficiary under this Trust, singly or in conjunction with any other person or persons, contests in any court, (except as referenced above) , the validity of this Trust Agreement or seeks to obtain an adjudication in any proceeding in any court that this Trust Agreement or any of its provisions is void, or otherwise seeks to void, nullify, or set aside this Trust Agreement or any of its provisions, then the right of that person to take any interest given to him or her by this Trust Agreement shall be determined as it would have been determined had the person predeceased the execution of this Trust Agreement without issue. The Co-Trustees are authorized to defend, at the expense of the Trust Estate, any contest or other attack of any nature on this Trust Agreement or any of its provisions. C. Construction of Trust. This Trust Agreement has been accepted by the Trustee and will be administered in the Commonwealth of Pennsylvania, and its validity, construction and rights shall be governed by Pennsylvania laws. 21 The Trustor and Trustee executed this Trust Agreement on the date first written above. TRUSTOR: ~~ n / '~J ~i /Y~ ICJ ~a Y~ I', w ORA S . BASSLER -~~~~'~-~ CO-TRUSTEES: i/_ ,- -1~ /, _ Y .C. B1~ SL n e .~ ~. /// FRED A. BASSLER --`~- ACKNOWLEDGMENT COMMONWEALTH OF PENNSYLVANIA ) SS: COUNTY OF BEDFORD ) We ; ORA S . BABBLER, GARY C . BABBLER ar~d FRED A. BABBLER, whose names are signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that we signed and executed this instrument, and that we signed it willingly and as our free and voluntary act for the purposes therein expressed. Sworn to or affirmed and acknowledged before me by ORA S. BASSLER, Trustor and GARY C. BABBLER and FRED A. BASSLER, Co- t14~l.CCJ, L1 iJ ~~ Uay :Jl L'eJl lAGl Y- -VU~ . ~ //' /_ ~/ ORA S . BASS ER ` °~~~ G BASSl~ER 1 c _-_ -.,~ _._.~ ~ l _ G FRED A. BASSLER ~^ N LD SCGTT J S, ESQUIRE Pe Sylvania reme Court I. Number 4 45 22 ATTORNEY'S CERTIFICATION COMMONWEALTH OF PENNSYLVANIA ) SS: COUNTY OF ALLEGHENY ) On this the ag day of February 2001, before me, PENNY S. PATTERSON, the undersigned officer, personally appeared RONALD SCOTT JONES, known to me or satisfactorily proven to be a member of the bar of the highest court of Pennsylvania, and certified that he was personally present when the foregoing acknowledgment and affidavit were signed by the Principal and witnesses. In witness whereof, I hereunto set my hand and official seal. NOTARY PUBLIC My Commission Expires: ! _ r: :.! ~~ _~ i.iJ ~ - ... .. .. ~`t 23 C~ ~~6 ORS S . B~~ ER ACKNOWLEDGMENT COMMONWEALTH OF PENNSYLVANIA ) SS: COUNTY OF BEDFORD ) I, ORA S. BASSLER, whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed this instrument, and that I signed it willingly and as my free and voluntary act for the purposes therein expressed. Sworn to or affirmed and acknowledged before me by ORA S. BASSLER, Trustor, this ~ day of February, 2001. ORA S. BASSLER O ALD S OTT JON S, ESQUIRE P nnsylvania eme Court .D. Number 1945 ATTORNEY'S CERTIFICATION COMMONWEALTH OF PENNSYLVANIA ) SS: COUNTY OF ALLEGHENY ) On this the ~ day of February, 2001, before me, PENNY S. PATTERSON, the undersigned officer, personally appeared RONALD SCOTT JONES, known to me or satisfactorily proven to be a member of the bar of the highest court of Pennsylvania, and certified that he was personally present when the foregoing acknowledgment and affidavit were signed by the Trustee. In witness whereof, I hereunto set my hand and official seal. NOTARY LIC My fission Expires: -- _ F.. .. .~ -'fit SCHEDULE "A" ORA S. BABBLER, Trustor, does hereby transfer, convey and quitclaim all rights, title and interest in the property set forth below to GARY C. BABBLER and FRED A. BASSLER as Co-Trustees of the ORA S. BASSLER IRREVOCABLE TRUST dated February ~~, 2001, Grantee. PROPERTY .CONVEYED ~~ , ~l' '~.1 nn l1 Bv7 ORA S . BASSLER `-~ -------- -------------------------- --------------------------- - ------------- - -------------- -------------- ---------------- COMMONWEALTH OF PENNSYLVANIA ) SS: COUNTY OF BEDFORD ) On ORA S. BASSLER, acknowledged to me signer that she 20 personally appeared before me of the within instrument, who duly executed the same. WITNESS my hand and official seal. Notary Public ORA S. BABBLER IRREVOCABLE TRUST SCHEDULE B This schedule constitutes Schedule B to that certain Trust Agreement by and between ORA S. BABBLER as Trustor and GARY C. BABBLER and FRED A. BABBLER as Co-Trustees, dated February ~_, 2001. All rights, titles and interest in and to the following insurance policies: Company: Policy Number: Insured: Company: Policy Number: Insured: Company: Policy Number: Insured: Owner: Ora S. Bassler Irrevocable Trust Beneficiary: Ora S. Bassler Irrevocable Trust Estate of Ora S. Bassler Pennsylvania Inheritance Tax Return Form REV-1500 EXHIBIT C Documentation of Assets Yahoo! f.;y Yahuoi hlaa '-lo;'e Get the New, Safer IE8 New User? Sign lip Sign In liel~• ~.AI-3OC7f FINANCE Search WEB SEARCH Dow ~ 1.64% Nasdaq -i 1.78% rue, apr ta, 2009, 2:O1PM E7 - U.S. Markets close in Shr. 59mtns GET QUOTES Finance Search Nationwide Bond D (MUIBX) On Apr 13: 8.7U t 0.04 (0.46%) Trade Now '~,] nMnE~emu-aiiz ~ / , ~';~ nrr,t~.- ~`°~`~ .. y I R _ ETRADE , .. I ~it~dre~ Historical Prices Get Historical Prices for. CO] SET DATE RANGE ADVERTISEMENT ~o• Daily Start Date: Apr 18 2008 Eg. ]an 1, ; -", Weekl 2003 _ Y End Date: Apr 22 2008 ~ _ • Monthly • Dividends Only Get Prices First ~ Prev ~ Next ~ Last PRICES Date Open High Low Close Volume Adj ' Close 22-Apr-08 9.52 9.52 9.52 9.52 0 9.52 21-Apr-OS 9.52 9.52 9.52 9.52 0 9.52 18-Apr-OS 9.50 9.50 9.50 9.50 0 9.50 • Close price adjusted for dividends and splits. First ~ Prev ~ Next ~ Last ~" Download To Sareadsheet t ~4-'~~ ~ i- ~"1'S2 ~ ~ ~~ ~ a ~~ , 2 ,~, ~ ~" _ r`~' S~~ ~CM VOTE NOW for ;>~ chance to ~~ ~ 'No purnhase necessary. See i hales fordetads. Add to Portfolio 'C: Set Alert ~ Email to a Friend Get Historical Prices for Another Symbol: GU Symbol Lookup • Stock Screener Splits • Mergers & Acquisitions Copyright O 2009 Yahoo! Inc. AFl rights reserved. Privacy Policy -Terms or Service - COpVhohl/IP Policy -Send Feetlback Quotes delayed, except where indicated otherwise. Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. 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Nationwide (- t t n ~-I ~ti On Your SideB Customer Service: 800-848-0920 Internet: www.nationwidefunds.com ORA S BABBLER 395 OLD YORK ROAD NON-RETIREMENT ACCOUNTS ACCOUNT ACTIVITY Investment Update January 1, 2008 -March 31, 2008 Page 2 of 4 .~...__._~_ _..~_n.._ _. , NATIONWIDE BOND FIJNl7 CLASS D - Fund-AccliurttNiimber: 23-7025284200 ORa S BABBLER Trade Date Activity Description Dollar Amount Share Price Number of Shares Total Shares Owned Beginning Balance 5949.43 $9.64 98.489 01/31/08 DIVIDEND REINVESTED $3.83 $9.75 0 .393 96 .882 0`1119108 DIVIDEND REINVESTED $3.57 $9.71 0 .368 99 .25D 03/31108 DrJtDEtJD REINVESTED $3.82 $9.59 0.398 99 .648 Fndinn Ralan~P ac of p3131170l1H 4955 fit S9. 59 99.648 YOU MAY BE ELIGIBLE FOR BREAKPOINT DISCOUNTS.THE SALES GtiHKht Y"HIU IVIHY DiFFCK rRVIVI I I"IE DIJI.LOSED RA I C DVC I V ~R9UPdfjiNG~FER TO TIlEFt1Nfl~PROSPECTUS OR SAI FOR DETAILS. - __ - ~_ NATIONWIDE130ND`PLfN15 CLASS D ~~ DRA BASSLER;TRlJST '~ ~ yam- - ~- ~__ Trade Date Activity Description Dottar Amount _ _.... ~h~ - Account Number 23-7025553TOrf '~ ~ ---_ - ~--- --"~W_.H~ ~ ; Share Price Number of Bhares Total Shares Owned Beginning Balance 511, 755.46 $9.64 1 , 219.448 01/3118 DIVIDEND REINVESTED $47.40 $9 75 4 .862 1 , 224 .310 02/29108 DIVIDEND REINVESTED $44.25 $9 .71 4 .557 1 , 228 .867 mn~mg nn~lDcnln PclnniESTED y47.32 $0 5; :.934 1 , 233 . UV1 Ending Balance as of 03131(2008 511, 832.15 $9.59 1 .293. 801 ~ ~~2 ~~ vy~~ Nationwide ~unds~' (ln }~QLir Ci~n' Customer Service: 800-848-0920 IntemeC www.nationwidefimds.com ORA S BABBLER 395 OLD YORK ROAD DILLSBURG FA 17019 Investment ~ Ndate January 1, 2008 -March 31, 2008 Paue 1 of 4 ~ ----- Your Financial Advisor YINGLING, J W. NATIONWIDE SECURITIES INC. PO BOX 1 CLAYSBURG PA 16625-0001 X00606 SHAREHOLDER NEWS New Funds for the New Year Nationwide Funds Group recently launched two new mutual funds -the Nationwide Intemational Value Fund and the Nationwide U.S. Smaii Cap Vaiue Fund. in addition, the Nationwide Micro Cap Equity Fund is once again open to new investors -for the first time since its closure in November 2004. For more information about these new investment opportunities, go to nationwidefunds.com or talk to your financial professional. l-.._-/.~~ .- .../. •._I G._J.. 1... I..J:~~ ..-..:L l- I.-- t ~-:....:..f TL..-- .- -- ..--...-.--- /L.1 iL~ :~..~~1~~-3 .L:.-I .- nrvcauuy nl nlulual Iuuw iilVviJca iiSno, iiwmuuly Nvo~rulc Iva vl Nnu~INa1. I uclc a nv aoouran~c wo1 uIC ulvcauncrn vurc~trvc of any fund wilt be achieved. Intemational investing involves additional asks, including currency fluctuations, differences in arr_.otrntin~ standards; economic and political instability; illiquidity and higher trading costs, and differences in foreign reaufafions, all of which are magnified in emerging markets. Small-company stocks have higher risks than the stocks of larger, more established companies and have significant short-fens price volatility. Investors should carefully consider a fund's investment objectives, risks, fees, charges and expenses before investing any money. To obtain this and other fund information, please calf 800-848-0920 to request a prospectus, or download a prospectus from nationwidefunds.com. Please read it carefully before investing any money. Nationwide Funds distributed by Nationwide Fund Distributors LLC, Member FINRA. 1200 River Road, Suite 1000, Conshohocken, Pa. 19428 YEAR TO DATE PORTFOLIO SUMMARY Total Non-Retirement Accounts ACCOUNT SUMMARY FUND NAME .~_w,.." ~ __ ----~» NON-RETIREMENT ACCOUNTS CORE FIXED INCOME NATIONWIDE BOND FUND CLASS D NATIONWIDE BOND FUND CLASS D NON-RETIREMENT ACCOUNT TOTAL PORTFOLIO TOTAL Year to Date Income $150.19 $150.19 Year to Date Long Term Capital Gains $O.OU $0.00 03/31/08 Portfolio Value ° 512,7FS7.77 $12,787.77 NASDAQ td1ARKET VALUE MARKET VALUE YTD CHANGE IN SYMBOL ACCOUNT NUMBER 12/31f07 -_ 03131!08 MARKET VALUE MUIBX 7025284200 $949.43 $955.62 $6.19 MUIBX 7025553700 $11,755.48 $11,832.15 $76 67 $12,704.91 $12,787.77 $82.86 $12,704.91 $12,787.77 $82.86 ~~ '~`* ~, F'~"'»':~J _t'~~~bs v~'Jt ~-n'f<.ru.,~..Z Y'F€"'xyy ''gf. ,.~ ~nr a. ~ ~. [ v s~^., i'7'~7S ~..... .-~3~6`.`F~~".c, ct± ~~----.-,~'~~~L~"~-`"~.'h ..w~- `i[t.3Y1'i~3as' ;~`5c ~ v ~:. ~`~+'r;.k~~• t~ ~'~...~~?'.,~F~'.~"" ~"t'~'~!.t 'Ji`TS.:G~ 4tiy~`T;r.~ "rya: ~ - '' .sd ^v 'fa't °i-r:~thSx"4 4.v:. _ .o...,CO1,,r~.`` _ _.+.~c'3~ xdai:r~vr_ni c-- ~y~ -- - _ '~",~~ ~.:',y,+ .-g.~.a~3S£:$i'-sl" DEPARTMENT OF TRANSPORTATION ~ '- ? ~ F T E FOR A VEI-I IC LE ~'~ ~` ~'~ CERTIFICATE O ~, 762 - - - - - --_ _ - ITL - - - --- - -- - _ _ _ _ - - - 942140059003076-OOb 1G3BY69Y2FY374505 85 i OLBSMirBILE 1377,93136202 BA S DPl 0 5!07/85 8/18/94 8/18!94 050011 ! ~ _ _ __ __ - __- -_ - - ..?~?t:3 :.-.SE. , ~ - _ ..r7G5 ORA 5 . BASSLER ~ _-- ---~` r BOX 139 - -- - -_-- -- ----- ---- -- -- - - - -_- -_- - __~~: - ; WOODBURY PA 16695 - --- - _ =_=.,_•_.n:~:~~~s _ ___-__ icil~E~ - - ~ __ _ _ .._ ` I •. __=.._=_ .~'__. __.= _ch=_:==_ CD I--' w ORA S BASSLER BOX 139 WOODBURY PA 26695 HOWARD YERUSALIM Secrc[an- of Transportation - ___ .... ~.F . i ^__ e ~ o c* .. sr _: e - - 95- 5 "fit d i£ S5 c5 t ' < _ _ - __ t - - - - - - _ _ - - __ _. .-_ ~ _ _- ..__ i ~' i •_ _ _ __ vii ~ i i=- i _ ~- '_ __. . c _ ._ __ .. / F- ." - _ ..__...__.. -_-~__ ~r1:L ~ NaQe~~~ SUMMARY OF SAEIENT FEATURES Subject Address Hillcrest Street Legal Description 880/204 Cry Woodbury County Bedford State PA Zip Code 16695 Census Tract 9801.00 Map Reference G4C3-51 Sale Price $ Date of Sale Client Ora Susan Bassler Estate Owner Ora Susan Bassler Estate Size (Square Feetj 1,308 Price per Square Foot $ Location Rural-Ave Age 50? years Condition Fair Total Rooms 5 Bedrooms 2 Baths 1.5 Appraiser Lany C. Johnson Date of Appraised Value 4/14/2008 _. ~- I raUC trc~ Larry ~. Johnson, Appraiser Biackburn-Johnson Reai Estate 124 West Pitt Street Bedford. PA 15522 March 18th, 2009 Ora Susan Bassler Estate c/o Mr. Gary Bassler Re: Property: Hillcrest Street (Box 139) Woodbury, PA 16695 Owner: Ora Susan Bassler Estate File PJo.: 020-09 In accordance with your request, we have appraised the above referenced property. The report of that appraisal is attached. The purpose of this appraisal is to estimate the market value of the property described in this appraisal report, as improved, in unencumbered fee simple iitie of ownership as of April i4th, 2008. This report is based on a physical analysis of the site and improvements, a locational analysis of the neighborhood and city, and an economic analysis of the market for properties such as the subject. The appraisal was developed and the report was prepared in accordance with the Uniform Standards of Professional Appraisal Practice. The value carclusions reported are as of the effective date stated ir. the body of the report and contingent upon the certification and limiting conditions attached. It has been a pleasure to assist you. Please do not hesitate to contact me or any of my staff if we can be of additional service to you. Sincerely, t t j ~~~ tarry J hn Blackburn-Johnson Real Estate 133 West Pitt Street, Bedford, PA 15522 DInl,11UU111'JVnO~VU new, ~ow.w 02D-09 FStDENT1~4-L ~eP~t~1~AL SE.if1~i1~1~KT ~~rt`T.r~~i FileNo.: Pro arty Address Hi!lcrest Street City: Woodbury State: PA Zi Code: 16695 County: Bedford -_ Leg_ai Description: t380i204_ _. ____ _ Assessor's Parcel #: 022834 Tax Year: 2008 R.E. Taxes: S 1 389.72 Special Assessmerrts: $ _ ___ Borrower (rf applicably Ora Susan Bassler Estate __ Current Owner of Record: Ora Susan Bassler Estate _ Occupant: ~__!, Owner ~~ TenaM [~ Vacant ~~ Manufactured Housing Pro~ect T e: ^ PUD i ~ Condominium [ _CooperaUve I,J~ Other descn~ HOA: $ [ 1 per year [!der month Market Area Name' Woodbu Borou h Ma Reference: G4C3-5i Census Traci: 9801.00 The u ose of this a ratsal is to develop an opinion of: ~ Market Value (as defined}, or ^ other type of value (describe) __ This re ort reflects the foifowing value (d not Current, see comments): [ i Current (the Inspection Date is the Effective Date) ~ Retrospective ^ Prospective roaches developed for this appraisal: ~ Sales Comparison Approach [~ Cos_t Approach [ j Income Approach (See Reconciliation Comments and Scope of Work) Pro Ri hts A raised: (~~ Fee Simple ~! Leasehold [? Leased Fee ~ Other (describe) Intended Use: This appraisal report is being prepared for the identified client for use in settlement of the owner's estate. tt is being prepared for this client for this u ose only and must not be relied upon by any other parties far any other purpose whatsoever. -___ ~ _ - Intended User(s) (byname or type): Ora Susan Bassler Estate Go Gary Bassler _ _ _ _ ______ _„ . _ -- - -- - Cfient Ora Susan _Bassler Estate __ _._ __ Address: c/o Gary Bassler, 395 Old York Road, Dillsburg, PA 17019 _ __ Appraiser. Lar C. Johnson Address: 133 West Pitt Street, Bedford PA 15522 Location: I I Urban U Suburban ~ Rural Predominant One-Unft Housing Present Land Use Cfiange in Land Use Bultl up: ^ Over 75% ~ 25-75% ! !Under 25% OccupaOCY PIitCE AGE One-Unit 40 % ~ Not Likely Growm rate: ^ Rapid ~ Stable ! Siow ;y~; Owner $(ODO) (yrs) 2-4 Unit __ % [Likely * i~ fn Process " Property values: [~ Increasing (~,I Stable `~ Declining ~ i Tenant 30 Low new_ Muld-Unit % * To: _ Demand/supply: (]Shortage ~ In Balance _' Over Supply 1~ Vacant (0-5%) _300 High 120 Comm'I % _ _ __ Marketin time: [~ Under 3 Mos. ~ 3-6 Mos. i _ I Over 6 Mos. [; Vacant >5% 100 Pred 50 Unim roved 60 % ~ and Market Conditions (including support for the above characteristics and Vends): The general marketpfaoe is a rural area Description Market Area Boundaries • , , with a somewhat limited sales base. There is at periods limited demand and at other periods limited supply of available residential real estate. __ Most inhabitants rarely move and live in properties for relatively long periods, sometimes sevecal generationsLcausing limited turnover of existing housing. Market area is large in scope bounded on west by I-99,_east by Fulton County, North by Saxton Borough, and South by ~ Borough. Everett - Dimensans: See deed attached Site Area: 0.45 acres Descri on: Present use is residential Zoning Classification: None in municipality- _ Pb Zonin Com liance: ~ ;Legal Le al noncorrtoiming grandfathered ^ Ill at ~1 No zoning Are CC&Rs Ncahle? ( ) Yes ~ No ~ Unknown Rave the dacumerrts been reviewed? l_.) Yes ~ No Ground Rent tl a (cable $ / Highest 8 Best Use as improved: w~ Present use, or U Omer use (explain) __ __ _ _- Actual Use as of Effective Date: Single Family Residential Use as appraised in this report: Single Family Residential _ Summary of Highest & Best Use: The present structure was originally designed and has been in continuous use as a residential property and would ? still best serve as such. It is sti8 functional useful and shoutd-command market demand as such. The site_is located on a short borough street in a residential net hborhood which hel s limit its hi hest and best use to residential. Utl(Ities Pubtfc Other Provider/Descriptbn Otf-site Improvements Type Public Private Topography Gentle Slope ,~, Electricity C~! [,~ 100 Amp Breaker Street Blacktop QSi [! _ __ _ Size 0.45 Acres __ _ a Gas [~ vQ Propane __ Curb/Gutter _ _ _ ^ i I Shape Rectangular-Functional ~ Water ~ [ _ Sidewalk _ _ ^ i 1 Drainage Appears Adequate o Sanitary Sewer ~ [ Street Lights - _ _ i] [ ! dew Average -_- _. Storm Sewer I I ^ Alle [~ _- Omer site elements: %; Inside Lot bQ Comer Lot [ Cul de Sac _[I Under round Utilltie5 ^ Other describe FEMA S c'I Flood Hazard Area [~ Yes ~ No FEMA Flood Zone C FEMA Map # 4213300001 D FEMA Map Dale 9/24/1984 Site Comments: Appraiser assumes water/sewer systems adequate/functionin~_The site has is quadrangular in shape and offers good - -- - - - - accesslfrontage from two paved public streets. Ii is Gently slopingand totally landscaped into_lawns. There is a concrete driveway. Genera! Description Exterior Description Foundation Basement ,None Heating °_ # of Ungs 1 [ Acc.Unit Foundation Concrete Block Slab None Area Sq. Ft. 1 308 Type Hot Air y # of Stories one Exterior Walls Plywood-StnlAv Crawl Space None % Finished 0 Fuel Oil u Type ~~ De[. [1 AtL ~ ~ Root Surface Comp Shin /Fair Basement Futl Ceiling Open _ ~ Design (Style) 1 Story-Fra me Gutters & Dwnspts. Aluminum/Aye _ Sump Pump •,~ Walls Block Cooling i __ ~ Existing [ I Proposed j ~ Und.Cons. Window Type Roll OuUAve Dampness ^ None Apprn Floor Concrete Central r Actual Age (Yrs.) 50? ears Storm/Screens Thermal Sash _ Settlement None Apprnt Outside Entry Yes _ _ Omer Effective A e rs. 25 Infestation None A rot Pad Fans Cc~,;ight~' inn? hY a ~ ...~~?, inr__ This siv,n may be rC~duced unmodified wdfiout written nemassion, however, a la mode, inc. must be aclmmxledged and credited. ti _ - - - Form f,DRGC9 I T - MlinTn7A1 a ~nru~ic~l cnffiunro Mr o la mnrio inr . i _RM_AI AWInnF 3/2D07 `Page #4 ,` l1LU-Uy : EStDcNTiAL APPRAISAL SUMMA RY REPORT F;;eNo.: . ~' I Illterl0r D2SCrlptlOm floors HdWd-Ca -Vin f/Ave Wags Plaster-Panel/Ave Trin]IriniSil 'v'JoudiAve ._..r___.... I r+NNiian~,ca Refrigerator ~' Range/Oven ~;I Disp6sal ! ; n I IAlnnu ..Kie , , i.vue Stairs ~ Drop Stair L I Scuttle F ~~ nn~tin 1 ~f^..~.~•~..5 Fireplace(s) # _ _ Woodstove{s) # Patio _ Deck _ _ __ ar "` G Sioraae _ IV6nP. 1 Garage # 01 cars ( 4 Tat.) Attach. 2 Detach. Bath Floor Carpet/Ave Dishwasher `-~ Doorway Porch Front-Rear _ Blt.-tn = Bath Wainscot Ceramic/Ave Doors HC Wood/Ave Fan/Hood ~---j Microwave I Floor ;_j Heated ;_; Fence ___ _ __ _ I Pool _ Carport Driveway 2 __ Washer/Dryer ^ Finished iji Surface Concrete i Fnished area above grade contains: 5 Rooms 2 Bedrooms 1.5 Bath s) 1, 308 Square Feet of Gross Living Area Above Grade Additional features: Insulation assumed average (not verified). Window units primarily thermal sash. _ _ ~ - - - - - ~ j Describe the condition of the property (including physical, functional and external obsolescence): Structure pears to be_in average overall condition __ _ _ _ considering age. Some areas and finishes are very dated. Interior needs painting. Roofing appears dated but no evidence of leaking. ___ ____ - - 3 - ----- 9 ~ - - - SALES COMPAR150N APPROACH TO VALUE {if d evelo d ~ The Safes Comparison Approach was not developed for this appraisal. FEATURE SUBJECT COMPARABLE SALE # 1 COMPARABLE SALE # 2 COMPARABLE SALE # 3 Address Hillcrest Street Woodbu , PA 16695 867 Branch Road Wcodbu 280 Ridge Raad Hopewell Lodge Street Woodbu Proximity to Subject ~i.28 miles SvJ c no ..,a cC v.vv nm2S .,~ ..,05 !??! ag W _ Sale Price $ $ 120,000 $ _ 103 000 $ 110 000 Sale Price/GLA $ /sq.ft. ~ 90.77 /sq.it. $ 82.53 /sq.ft. $ 85.40 /sq.ft. Data Sources Owner Ct. Hse. Records Court House Records Court House Records Verification Sources , Ct.Hse.Records Former Ins ection VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION + - S Adjust. DESCRIPTION +(- $ Adjust. DESCRIPTION ; + - $ Adjust. Sales or Financing Concessions None None Conventional None 0 0 Com~entiona! none 0 0 Conventional ' 0 none 0 Date of Sale/Time 8/05/2008 0 12!22/2008 0 7/14/2008 I 0 Ri hts Appraised Fee Sim fe Fee Sim le I 0 Fee Sim le 0 Fee Simpie__' 0 _ Location Rural-Ave Rural-Avera e 0 Rural/Ave 0 RurallAvera e i 0 S _ Site _ 0.45 acres 5.835 Acs -13,462 1.00 Acres/Ave -1,375 0.325 Acres/Ave j +312 - r View Avera e Avera e 0 Avera e 0 Avera e ~ 0 i Design (S le 1 Sto -Frame 1 Sto -Frame 0 1 Sto -Frame 0 1 Sto -frame 0 = Qual' of Construction Avera e Avera e 0 Avera e 0 Average O j A e 50? ears 38 ears 0 22 ears I 0 51 years I 0 r 2 Condition Above Grade Fair Total , Btlmns Baths Avera e Total Bdrms; Baths I -6 000 Avera e Total Bdrms Baths -5 150 0 Avera e _~___=5,500 Total Bdrms Baths ~ 0 z Room Count 5~ 2 i 1.5 6 3 1.5 ~ -3,000 5 3 2 -4,500 6 3 _~ 1 +3,000 Gross Living Area 1 308 sq.ft. 1,322 sq.ft., -2i3 1,248 sq.ft. l +g00 1,288 sq.ft.~ +300 n n Basement & Finished Rooms Below Grade ~ Functional Utility / 1308 0 Avera e 1322 0 ! Average ~ -56 G i 0 1248 D Avera e +240 ~ 0 0 1288 ~ +80 0 __ i 0 Avera e ~ 0 Heating/Cooling _ Ave-OHA Avera e i 0 Avera e _ 0 _ __ Avera e I 0 Energy Efficient Items Avera e Avera e 0 Avera e 0 Avera e j 0 Garage/Carport 2 car attached 4 car detached -3,500 1 Car Inte ral I +2,500 12 Car Detached 0 Porch/Patio/Deck Avera e Avera e 0 Average 0 Avera e ~ 0 I _ i ~--- Net Adjustment otal)__ _~ + - S -26231 , _' + ;~ - ~$ -7,385 1 ~ + 5` -1,308 Adjusted Sale Price of Comparahles ( Net 21.9 %j ~ Gross 21.9 9°~ S 93,769 Net 7.2 % Gross 14.2 %I $ 95,615 Net 1.6 °,6I 1 Goss 8.4 %i ~ 108 192 { ~, t"°" `` ~ 1 CapynghtU 2607 by a la mode, inc. This torm may be reproduced unmodified without written permission. however, a la mode, inc. must be acknowledged and credited. ~~~ ~ t t~`°F-. € _ Gnrm (:RR~C7 i T _ "IAlin7nTdl " annraic°I cn4huaro by a la mnrin inr _ i-Rnn-01 ~AAnnF ,i/2007 Page! Page ~5 ~E~IDENTi~RL eQQr~at~at ~t~MMaRY REPORT FileNo.: 020-09 ~ Su;^mar/ of Sales Comparison ..",pproach Appraiser attempted tc stay as closephysically to st:b;ect as possible but L^__; rura! market distan,^,e r I and time parameters are usually significant compared to more active and populated markets. In this case parameters seemed_more __ reasonable than in many instances. Gross adjustments ratios were within recommended guidelines on all comparables used. The indicated __ I vz!u~ spread ;^.~as 13w ne± un:.lsua! for this rura! market~lac~. The CQmparablPC IfCefl are feCOnf'IIPfI rl'I trip Qrf~Pr Qf #~, #2, and #1, the ordor of s their gross adjustment ratios. All comparables used are located within the subtect school dtstnct. __- 7 ~_ ~ _-__. -_ ~ ___ Y L L ------------- S ----- - n -- Y L a ---- ------ J ------ n --- nr ~ - Q - rA -- indicated Value b Sales Com arison A roach $ 101,500 My research ~~ did ~,J did not reveal any prior sales or transfers of the subject property for the three years prior to fhe effective date of this appraisal. 4_..,.~ ~ Daia .°iuui Gc~S': Tax ASbcSSor ~ cwld5-°cCorded weed p 1st Prior Subject SalelTransfer Analysis of sale/transfer history and/or any current agreement of salellisting: The two previous deed transfers were ~ Date: 2J21 /2001 between owners for a recorded $1 and were made to clear title. They had no influence on the = Price: $1 reconciliation of values.None of the comparables had sold within one year of the used transfer date. - ~ w Sources :Tax Assessor - ai 2nd Prior Subject Salerfransfer Date: 11!02!1994 i- Price: $1 - - Source(s :Tax Assessor COST APPROACH TO VALUE (if develo d) ~i The Cost Approach was not developed for this appraisal. Provide adequate information for replication of the following costfigures and calculations. Support torthe opinion of site value (summary of comparable land safes or other methods for estimating site value): The cost approach to value suffers appreciably when structures are of dated design and materials. It is very difficult to accurately estimate the depreciation of such structures. Therefore the appraiser determined that this approach to value would not be beneficial in this case. - _ U p ESTIMATED :`' REPRODUCTION OR ! 'REPLACEMENT COST NEW OPINION OF SITE VALUE . _._ _$ a Source of cost data: DWELLING Sq.Ft. @ S ____ =S Q Quality rating from cost service: Effective date of cost data: Comments on Cost Approach (gross living area calculations, depreciation, etc.): Sq.Ft. @ S ____ _$ Sq.Ft. @ S ____ _-S ~ Garage/Carport Sq.Ft. @ S _ _ =S Total Estimate of Cost-New =$ Less Physical Functional External _ Depreciation ~ _ --$( Depreciated Cast of Improvements _ _ _ _ _$ _ "As-is" Value of Site Improvements _ __ _ =S _~ -- - _~ Estimated Remaining Economic Lrfe (if required): 35 Years ~ INDICATED VALUE BY COST APPROACH __. _ ...._ _ =5 ~ Copyrighi© 2007 by a la mode, inc. This Corm may be reproduced unmodified without wntten permission, however, a la mode, Inc. must be acknowledged and credited. ~ j' E~~~~ ~ [-'E ~~(~ ~~~~ F F`s e. Fnrm (:PRFC9 I T - •1AIinTnTAI " annraic~l cnfhu~ra h~~ ~ to mnrio inr - 1-Rnn_AI AMnnF 3~2~~7 Page #6 020-09 ~~• rarAA RT ZE SIaENTfAL AF'NF~iAI'f~L ~UIVIIVIHRj r~C~"Vi~ f FileNo.: Ii~ iC^vME APPRO:.CK Tv^ rALUE (if devciv cd) ~ The Income Approach ::'as not developed for this appraisal. E stimated Monthly Market Rent $ X Gross Rent Multiplier __ _ $ Indicated Value by Incame Appraach ~ S ummary of Income Approach (including support for market rent and GRM): Homes in the subject market area will not normally rent for enough money to nom. j ustify their rrl`dt'KZt Vaiiies anti are not nO~ii~ally purchased for inecm~e value. _____-__ _ _ _ -- r1 q ------------ ------ W ~ - -- 0 ---. .. --- - U Z P ROJECT INFORMATION FOR PUDs (if a licable) i The Subject is part of a Planned Unit Development. L egal Name of Project: _ _._ -_- _ _ _ __._- . Describe common elements and recreational facilities: ---- a Indicated Value by: Sales Comparison Approach $ 101,500 Cost Approach {if developed) $ Income Approach (if developed) $ _ _ _ Final Reconciliation My reconciliation was based on the market comparison approach. Rental values in the sect market area do not normally_ justify the market value. _ z o - This appraisal is made h "as is", ^ subject to completion per plans and specifications on the basis of a Hypatheticai Condition that the improvements have peen c~ completed, i? subject to the following repairs or alterations on the basis of a Hypothetcal Condition that the repairs or alterations have been completed, ^ subject to p the fallowing required inspection based on the Extraordinary Assumption that the condition or deficiency does not require alteration or repair: [~ uj o~ '~' This report is also subject to otf;er Hypothetical Conditions and/or Extraordinary Assumptions as specified in the attached addenda. ' Based on the degree of inspection of the subject property, as indicated below, defined Scope of Work, Statement of Assumptions and Limiting Conditions, and Appraiser's Certifications, my (our) Opinion of the Market Value (or other specified value type), as defined herein, of the real property that is the subject of this report is: $ 101,500 , as of: 4/1412008 ,which is the effective date of this appraisal. If indicated above, this Opinion of Value is subject to Hypothetical Conditions and/or Extraordinary Assumptions included in this report. See attached addenda. ~ A true and complete copy of this report contains pages, including ezhihits which are considered an integral part of the report. This appraisal report may not be ~ properly understood without reference to the information contained in the complete report. ~ Attached Exhibits: ~ Limiting Cond./Certifications ~~ Narrative Addendum! Photograph Addenda ~ Sketch Addendum QI Scope of Work ~ F _ ~ Map Addenda l~ Additional Sales 'u Cost Addendum ~ Flood Addendum ~ Manuf. House Addendum a ~; H othetical Conditions ', _! Extraordina Assum lions Client Contact: Mr Gary Bassler Client Name: Ora Susan Bassler Estate E-Mail: cbassler comcast.net Address: clo Ga Bassler, 395 Old York Road, Dillsbur , PA 17019 APPRAISER SUPERVISORY APPRAISER (if required} or CO-APPRAISER (ff applicable) ~ ~-~ Supervisory or ~ Apprai am : a~ C. ohnson Co-Appraiser Name: z Company: Bloc burn-Johnson Real Estate Company: N Phone: 814-623-5171 Fax: (814) 623-7822 Phone: Fax: E-Mail: LCJAppraisalsanComcast.Net E-Mail: Date of Report {Signature): March 19, 2009 Date of Report (Signature): License or Certification #: GA000820L State: PA License or Certification #: State: Designation: General Appraiser Designation: Expiration Date of License or Certification: 6/30/09 Expiration Date of License or Certification: _ _ Inspection of Subject: ;~i Interior & Exterior ~ Exterior Only L; None Inspection of Subject: ,_i Interior & Exterior `Exterior Only _. None Date of Inspection: 4/14/2008 ~ Date of Inspection: i r ~ ~ F e °~ r € CopyrigM© 2007 by a la mode, inc. This farm may be 1 r ~ r ~ t` ~ €~E ~' r: L_ C~r..~ r_DQCC7 I T _ ~Illr~nTnT~l ~ o~nr~~c ~l cnf reproduced unmodified without written permission, however, a la mode, inc. must be acknowledged and credited h~n ro by ~ I~ mnrio inr - 1 _RM_61 ~AAnnL 3/20~~ Pa e #7! Photograph addendum Cliant f lra tii roan F{acclar Fctata Property Address Hillcrest Street City Woodbury __ County Bedford _ State PA Zip Code 16695 _ __ Owner Ora Susan Bassler Estate Fnrm I DICPIY _'9AIinTfiTAI " annraical cnthuam by a la mnrlo inr _ 1_Rnn_~I AAgr1nF i raoe Asti Photograph Addendum Address Hillcresi Street Woodbury County Bedford State PA Zip Code 16695 Cwner era Susan °assler Estate Cnrm I PI('DIY _ "1AfinTrlTAI annraical cnff~uaru h~~ a 0 mnrla inr _ Y _Rfl(1_AI dN(tf7G i Pa e #9 Photograph Addendum Ora Susan Bassier Esiaie Address i-iiiicrest Street Owner Ora Susan Bassler Estate State PA Zip Code 16695 Fnrrn I PICPIY. "IAIinTnT 61 " annroical cnf}vearo hii a h mnrin inr - i_Rnn_AI AM1AnnC Pa a #10' Building Sketch I~iiP~t nra Susan Bass4er Estate Property AdOress Hillcrest Street ____ __._ City Woodbury County Bedford ___State_ PA __Zip Cade 16695 Owner Ora Susan Basler Estate 20ft m ~ ~ Open Porch m 5.5ft [ 17~~ ft] 18. Sft ~ I 18ft I ~ First Floor f °'i [ 1307.5 Sq ft] ~, ~ 1 Car Attachedv 1„ ~ Car Attache d N l T 432 S ft [ q ] [294 Sq ftj `f 4R 14ft 18ft 40 pen Por ~ [63 Sq ft] 9ft Area Calorlations Summary Livng Area CalcuWtion Details FirR Floor 1307.5 SQ ft 9 x 19 = 126 40 x 29 = 1160 1x21.5 = 2!.5 Total Living Area (ROUntletl): 1308 SQ ft Non-Irving Area Open Por[h 170 Sp ft 20 z 8.5 = l70 1 Car AfIacheO 244 Sp R 21 z la = 299 1 Car AtbcheA 93Z Sq ft 24 z 18 = 432 Open Porch 63 Sq ft 9 r. 7 = 63 Fnrm CI(T I T RIrlCltl _ "IAIinT(1T~I " ~nnrnicpl cnfhu~rn hu ~ h mnrio inr _ 1 _Rnn_~I AAAMF Paqe #11 s'.R . a e i ~c C - .'ids w ~id° ~ .r .. a .. - i a ~~ o ~ -: . ~. ., _ . ... , _, - - ~ _z , ... . _ ,._ . - - r . .. .:~ - -r ~ -E .s . - .. •.~ _ _ -- _ .. --: ~ _ ._ c ..n _ _ _ . -.: e r - - ~' a - s' . .~. s _ ~ - t a e t •w i~ ... .., .c .. <. x .' a. ^7. x. n [ r_ oe .. - r ~'. r c .a • e c . c .. _ r a. . ., 0. QQ.~ _. .& ... e ~ - a'~ - n . a - r _ ~. '. - t .' Tom? c Cnrm CCi - "lAlinTllTAI " annraical cnthu~rn by a h mnrlo inr _ 1 _Rflfl_~I 6M1dMF Pa e#12 4 t - .. i. ~._ -_ ~ r a r~ .'~ n. ~_ ~a$:-• _e _.. r w. •L -. .. . _.. 6',.. a ..rs ~ `~ G , F " .._ . .. . . - ~ ~ e. - ~ ~ .;.~' ~_ - m. a=:-ti°s ~ :s~ ri,. ~ a = ~ .~ c )~ ~~: ` ~: s@ l ~~L s ~ a, ... -- :_, _ ., - .~ .r . c~ ".. rtf ~: ~ oa v.~a~ Z v r. ~ ~ c •1 i S _ zt... k e _ ..'.yv ~. Fnrm CC1 - "1hlinTl1T61 " 7nnraical cn4hu9ro by ~ In mnric inr . 1_Rflfl_AI AhdfltlG I Page # 131 Comparable Photo Page Client Ora Susar Bassier Estate Property Address Hillcrest Street State PA Zip Code 16695 Comparable 1 867 Branch Road Prox. to Subject 1.28 miles SW Sales Price 120,000 Gross Living Area 1,322 Total Rooms 6 Total Bedrooms 3 Total Bathrooms 1.5 Location Rural-Average View Average Site 5.835 Acs Quality Average Age 38 years Comparable 2 280 Ridge Road Prox. to Subject 6.98 miles SE Sales Price 103,000 Gross living Area 1,248 Total Rooms 5 Total Bedrooms 3 Total Bathrooms 2 Location Rural/Ave Uiew Average Site 1.00 Acres/Ave Quality Average Age 22 years Comparable 3 Lodge Street Prox. to Subject 0.05 miles SW Sales Price 110,000 Gross Living Area 1,288 Total Rooms 6 Total Bedrooms 3 Total Bathrooms 1 Location Rural!Average View Average Site 0.325 Acres/Ave Quality Average Age 51 years Fnrm 1 RIr'.DIY nC4' 1 TR _ ~~IAIinTnTAI ° ~nnr~icol cnfhunrnhv n h mnria inr• _ 1_Rnh_01 At,MnF I Uwner Ora Susan Basler Estate --,-,._~ra Susan gassier location Rqa Address Hiltcrest Street Estate --- Q r pa e # --~°_odbur~r ~-_ __ -~ Susan Basster --- Coun - State PA ~~~- 1 `~-~-ZrR--- ~°da __ 16695 -_'~ a !a mode ~~-.~ = ~ . r . .g in z- - „'ca. c'.:s.;r_ _ F- . r * -i,., w '~ _ a East Sh3rasbwq ^~ A~ ~~~rrl` Cry Gi ~1k65 F' ~: ,1 h, ~~ v fF t, ~ a ~~ li'~ r . ~ c _ ~ a O ~ _a m ~ ~ UU' •yR Jun,-f;.~4 _A,1:tr2rnSl.'Ur~ ' L::~:`'µ ~ F F:iesvilie F,: ._ 4 . r~`~n crav `~~ ~, N . A; ~ c - e .c GC1@1r5bUr6. n ~.y~•; C~,•r F•d S Clnve C:~k r . •k c - ;jrg Nil( ' ~ ~. Ke: iriplL4 H ~ ~ J '~ r.~e' .. c -. te` aN ocEt.k_ ~3-:vr 4?'- r _ " rn ~ -a ue:-n ~ Summit rs ..~.~4L ;'2005: .7 ~ - c ~~. yw !~ ~ i.. 4~~ - l J v _P c` ~,:s,: ~ a Y ~ ~a r..e • _ .~`, ~~ arc ,g~ Tyr ~,., - ~ • . ~ rE °•~~•. ~ t~ ~rC + ~' ~ ~-~ 4 ~ ~~ ;AC J ~~ ~ c- L - .ner ~ ~ ~ ~~. . f ~~ - - C _ .. S2xtor• _ E =st S z ~~ 4 rrt Rim RC X80$ ~. .~ ~y ~ - '$I i ..,~ a .~Eh W. ,~ ~ v. ~ Stat=_ . Feer; =niA _ _ -ramp 64 864 - - e: :~% `' cs Luys'bur;~ ~~ - ~- , a - ~ LitdeJyck l Scltsmi't11_ ~ ~rt ~- ' Riddle :hum Yearn Fr o J£ ; ___ - b tt%Hi ~ Hicke:~ µilc _ ~ _ ~~~f'ei~'f4e"IuVf„ ~ ~1 -,.x..r..~,r '=xs= ~c-noi ' :-:};fie: o g, G _~nny - Si ~ ~ . c. ner _ s _ a ` n6 un!s R~ _ . - `" 1022 x 2 _ C.. a Vfrt~ ~ ~3R~1;Rri _ - ~pA ~ ~~ - ~ e. 4r,.r r ~LiNiar Fnrm AAdD 1 7 1 n(? r. C=-. ~ ^ ~'^-~~ •tAJinTOT ! • Q `--- - . --_ =r '-_ 2hnr aicol cnthu pro n-: -,... - -'~ ----~ . .. -- '= -_ -- vole mnde inn ... . . __ -_ - -_... ~ i_Rf1l1.41 4Ahl7llG Pie #15 Flood Map Client Ora Susan oassfer Estate Address ililicrest Street State PA Zip Code 1 Owner Ora Susan Bassler Estate ~ Prepared for: .. ~, ~n~erFlood Blackburn-Johnson Real Estate '`-'~ '~ a ~' "'=~^ Hillcrest Street r.ti•:rr.iiuerflood.com • 1-80Q-Z52-5633 1Noodbury, FA 16695 ~~ ~~ ~ ~ __ ~~ Cps,,, ! _ ~ - / "'U l = / ~ ~- by r+,' ~ I e f!/! ` ,! rij / 1 Pq ~ l 11 'i ~ ; 1 ,'ti\ `~ • O sr4,, ~, q, P \a ~ r ~„ `_ `` ~ f !,I`~ ~ FLOOQSCAPE ZbNE C O ~',! it ~~ ~~;fj Food H~an~s A'1ap ~~1~1~ Map Number ~ II j ff' 4213300001D `i Ill+f ! Effectiae Date 4 ~ ; it~ Septemk'er 24, ~ 984 :f141 t I-:' ;'~!~ ' jjjjli~l;l • 'I~~~' f 55f ^l~, ?III! '!~l~f ~ {. 11 I { -~I €I I ~ i ;l'.~: I G ~ III.l: i _ Str I! hl !?i i' i ~Q~~.~ ~',.nl ! i. i,t! ~`~i:I I EEE !..Jl,i ' ~ Powered by FloodSourcE ~ - '.;r!'F 'I`~•;':. www.floodsoun-.E.c~m - ~e_.-~ .,aurceRrose audio! Food Source C:orpoalions. Wi rights reserved. Palertts G.d`s1,32P and B,d'•o,6?5. Crcherpatents pending. For Into: info ~gf!oodsoane.com. Fnrm AA6P 1 T R nun _ "IAIinTnTAI " annraical cnfhuaro hrr a la mnrio inr _ f _Rflfi_AI AAAnnC ~ ~ ~tx ., ~, . -- ~~~~ ; V J ~ ~ ~J QUITCLAIM DEED MADE t he 2 8 `h day cf February 2001, BETWEEN ORA S. BASSLER, a widowed woman, (hereinafter called "GRANTOR"1, and GARY C. BASSLER and FRED A. BASSLER, Co-Trustees, or their successors in trust under the ORA S. BASSLER IRREVOCABLE TRUST, dated February 28, 2001, (hereinafter called "GRANTEE"): Witnesseth, that the said GRANTOR in consideration of One Dollar ($1.00) and other good and valuable considerations paid to the GRANTOR by the GRANTEE do QUITCLAIM unto the said GRANTEE, its beneficiaries and assigns, ALL that certain piece, parcel or lot of ground situate, lying and };lPi ng i n Yl-ie Bvrvugh of v"vvvdbiir y, CVl.lllty Of BedfOrQ anQ Commonwealth of Pennsylvania, bounded and described as follows: BEGINNING at a stake at the Northeast corner of an un-named street and orL eighteen foot lane; chance by the said eighteen-foot lane, ?Jorth 32" 34' East 135.55 feet to a stake, corner of Lot No. 2, now owned by Chester Guyer; thence by Lot No. 2, South 62" 50' East 140 feet to an iron post, common corner of Lots No. 2, 1, other lands of the Grantors and the lot herein conveyed; thence by the other lands of the Grantors, South 31" 34' West 146.4 foot to a stake, along the un-named street; thence by the un-named street, North 58" 26' West 139 feet to a stake, the place of beginning. BEING Lot No. 19 in a plan of lots laid our for the Grantors by Harry W. Cunard, Surveyor, as revised on October 15, 1958. ALSO BEING the same premises which was conveyed by Charles G. Bechtel and Lela S. Bechtel, his wife, by deed dated October 30, 1958, and recorded in the Recorder of Deeds Office of Bedford County, Commonwealth of Pennsylvania, in Deed Book Volume 20295, page granted and conveyed to Chester I . Basler and Ora S . Basler. Chester I. Basler died on July 13, 1994, vesting full title in fee simple, through survivorship in his wife ORA S. BASSLER, Grantor herein. with the appurtenances: TO HAVE AND TO HOLD the same to and for the use of said GRANTEE its beneficiaries and assigns forever, And GRANTOR for their beneficiaries and assigns hereby QUITCLAIM the property rereby conveyed. WITNESS: ~f~. ORA S . BA~SLER ~ - 21 ~n..lv i*~ V I~ LED VLYl El\~1 COMMONWEALTH OF PENNSYLVANIA ) SS: COUN'T'Y OF BEDFORD ) I, ORA S. BABBLER, whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed this instrument, and that I signed it willingly and as my free and voluntary act for the purposes therein expressed. Sworn to or affirmed and acknowledged before me by ORA S. BABBLER, Grantor, this ~$~fi.day of February 2001. ~)X ~t ~~ ORA ., . BA SLER .a / ~/ R ALD S T JONES SQUIR ennsylvania Su me Court I.D. Number 4 45 ui1 _ ., .~ i _ __ ._ ~~ ATTORNEY'S CERTIFICATION COMMONWEALTH OF PENNSYLVANIA ) SS: COITNTY OF ALLEGHENY ) On this the ~•day of February 2001, before me, DARLENE F. SCHIFFER, the undersigned officer, personally appeared RONALD SCOTT JONES, known to me or satisfactorily proven to be a member of the bar of the highest court of Pennsylvania, and certified that he was personally present when the foregoing acknowledgment and affidavit were signed by the Grantor and witnesses. In witness whereof, I hereunto set my hand and official seal. ~. NOTARY PUBLIC My Commission Expires: Notarial Seal Darlene F. Schiffer, Notary Public Pittsburgh, Allegheny County My Comnnlssion Expires July 8, 2002 Metnper, PetrnsyNania Association of Notaries This transfer is exempt from Pennsylvania Real Estate Transfer Tax pursuant to 72 P.S. Section 8102 C.3. (8). This is a Quitclaim Deed without consideration. This Deed was prepared by Ronald Scott Jones, P.C. CERTIFICATE OF RESIDENCE I, RONALD S. JONES, do hereby certify that the precise residence of the GRANTEE is Box 139, Woodbury, Pennsylvania 16695. witness my hand this agf/t. day of February 2001. ~l ~T ~ nald S. Jones, quire L i i _ s .; ._. _.' JONES & CWALINA ~TTOP.I~ E1'S-~T-L:l L~ A LISIITED LIABILITY PAP.TNEPSHIP 401 l•~'OOD STP.EET, AP.P.OTT BUILDI\G, THIRD FLOOD. PITTSBCRGH, PENN51 LVANL~ 15?2?-152-~ TELEPHONE: (412) 456-4700 FAX: (412) 456-4701 November 2, 2001 NIs. Ora S. B assler Box 139 Woodbury, P ~ 16695 RE: Quitclaim Deed Dear Ms. Bassler: Enclosed please find your executed deed effectively transferring your property into the ORA S. BABBLER IRREVOCABLE TRUST. Please keep this deed in a safe place with your Estate Planning Portfolio. We are glad to have been of service to you. Please feel free to call if you have any questions. Very truly yours, O~ Ro ld Scott Jones Enclosure COMMONWEALTH OF PENNSYLVANIA ) COUNTY OF BEDFORD ) SS: RECORDED on this day of 2001, in the Recorder's Office of the said County, in Deed Book Volume page Given under my hand and the seal of the said office the day and year aforesaid. Recorder. nereoy CERTIFr that this document is recorded in the Recorder of Deeds Office of BEDFORD COUNTY-PENNSYLVANIA ~L-- Faith A. Zembower Recorder of Deeds ~~ - RECEIPT FOR PAYMENT ------------------- ------------------- Bedford Count - Recorder of Deeds Receipt Date 10/18/2001 Courthouse: ~uliana Street Receipt Time 15:49:35 Bedford, Pa 15522 Receipt No. 139912 BABBLER ORA S Instr Number 2001-007115 Book# 880 Page# 204 Remarks Distribution Of Receipt Transaction Description Payment Amount Payee Name DEED 13.00 BEDFORD COUNTY GENERAL FUND DEED - WRIT .50 BUREAU OF RECEIPTS & CNTRL M DEED - RTT STATE .00 BUREAU OF RECEIPTS & CNTRL M DEED - RTT SCHOOL .00 NORTHERN BEDFORD SCHOOL DIST DEED - RTT LOCAL .00 WOODBURY BOROUGH CO IMPROVEMENT FND 1.00 BEDFORD CO IMPROVEMENT Fuiv"D REC. IMPRVMT FUND 1.00 RECORDER'S IMPROVEMENT FUND Check# CHECK $15.50 Total Received......... $15.50 Estate of Ora S. Bassler Pennsylvania Inheritance Tax Return Form REV-1500 EXHIBIT D List of Expenses - _ _ _ P2/2 717 731 9627 2000-06-11 02:38 0~9~~~ STATEiVIENT ~f: _ ~ _~; DATE - TO ~~~ ;. _ _ _ --- ---~ _ _.~. _ -- 1- ~~f ? t~l 1.r ~~ t ~ - ~~a r~aMs IN ACCODNT WiT ~. I ~~ M n - -. - -- _- - -_ 4 ~: zss,z `0 m~~ ~ ~~ o ~~ E ~~ ~ ~ ~ ~ ~ m ~ q ~ ~~ ~~ 1\ ~ ~ ~~ ~~D gg ~ ~,&v~ ~o~~~ ~_ O~~'~~ ~'~ ~~ ~ ~ a ~~ W ~ ~ pp~ x ~~~ ~~ ~~ ~ ~a Q m ~ ~~~ ~ ~ ~ >°- ~~ N _~ Cg m ~ w ~ ~ ~~ ~~~ W ~ a ~~~ ~ ~~ ~ ~ ~~ ~ ~ ~~ ~~w ~ ~ =w ~~~ ~X~ 4 w~~i ~ ~ ~ ~ffia ~SS3 ~ ~~g ~ ~~"-°~ ~o~ p F r 4 ~° ~ ~ ~ nog i c r n r « ~~, r i n~-cn-nnm cn a o ~ a ~M ° $ N ~ $ ~ o ~ S o 1~ 01 N Ili O t 01 N f1 N i O 00 pp C f~ Q Y C5 ~O to O p ~ M t e pp ~ S N f 7 Q1 N M N~ M lD N V3 C Qt N 00 u? 4 I + l E *, I i 0 ~ ~ ~ U Q ~ L y `~ ~ m y I a i ~ ~ w ~ ~ ~ o m °~ ~ ~ W N Gl d CD fO ~ p = ao - °~ oG a~i c m ~ ~ 'L y ~ y ~ ~ C! 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