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Home My WebLink About03-0719Register of Wills of Cumberland County, Pennsylvania PETITION FOR GRANT OF LETTERS Estate of Marion R. Wilkens No. (~/- also known as , Deceased Social Security No. 162-26-5966 Petitioner(s), who is/are 18 years of age or older, apply(les) for: (COMPLETE "A" OR "B" BELOW:) A. Probate and Grant of Letters and aver that Petitioner(s) is/are the execut ors r~ Decedent, dated 4/18/1996 and codicil(s) dated \* named in the Last Will of the State relevant circumstances, e.g., renunciation, death of executor, etc Except as follows, Decedent did not marry, was not divorced and did not have a child born or adopted after execution of the documents offered for probate; was not the victim of a killing and was never adjudicated incapacitated: B. Grant of Letters of Administration (c.t.a., d.b.n.c.t.a.: pendente lite, durante absentia; durante minodtate) Petitioner(s) after a proper search has/have ascertained the Decedent left no Will and was survived by the following spouse (if any) and heirs: Name Relationship Residence (COMPLETE IN ALL CASES:) Attach additional sheets if necessary. Decedent was domiciled at death in Cumberland residence at 618 Glenn Street? Borough of Shippensburg, Shippensbur~z, PA 17257 (list street, number and municipality) Decedent, then 71 years of age, died August 28 , ,2003 , at Shippensburg Health Care Center Decedent at death owned property with estimated values as follows: (Location) (if domiciled in PA) All personal property ......................................... $ (if not domiciled in PA) Personal property in Pennsylvania .................... $ (If not domiciled in PA) Personal property in County .............................. $ Value of real estate in Pennsylvania ........................................................................................ $ Total ................................................................................. .U...n..d...~. ~..n...6~... ..... $ Real Estate situated as follows: \'618 Glenn Street, Shippensburg, PA 17257 County, Pennsylvania, with his/her last family or principal 0.00 Wherefore, Petitioner(s) respectfully request(s) the probate of the Last Will and Codicil(s) presented with this Petition and the grant of letters in the appropriate form to the undersigned: J Z~! /f ,~)//~ Signature Typed or pdnted name and residence Roberta R.W. Kissinger~ 138 West Devon Dr.~ Exton PA 19341 Henr7 T. Wilkens? Jr.~ 3130 D. Radiere Loop~ West Point? NY 10976 Oath of Personal Representative Commonwealth of Pennsylvania County of Cumberland The Petitioner(s) above-named swear(s) and affirm(s) that the statements in the foregoing Petition are true and correct to the best of the knowledge and belief of Petitioner(s) and thatj~s p~resentative(s) of the Decedent, Petitioner(s) will well and truly administer the estate according to law. ~/~/~)~ Sworn to and affirmed and subscribed ROBERTA R.W. KIS~'IN*G~R t// - ~/' before me this t~~ day of ,/ .~x'~5:r/.~,~,/~? ~.~ //e2~ ~,zxP~/ HENRY Z. WlLKENS, JR. DECREE OF REGISTER Estate of Marion R. Wilkens also known as Deceased No. Social Security No: 162-26-5966 Date of Death: 8/28/2003 AND NOW, [ ~:~',~,~..,~:~<'~/~--",;,-~' ,,~,C-L~ , in consideration of the Petition on the reverse side hereor~sati~factory proof having been presented before me, IT IS DECREED that Letters 1~ Testamentary ~ of Administration (c.t.a., d.b.n.c.t.; pendente lite; durante absentia; durante minoritate) are hereby granted to \*Roberta R.W. Kissinl~er and Henry' T. Wilkens, Jr. in the above estate and that the instrument(s), if any, dated described in the Petition be admitted to probate and filed of record as the last Will of Decedent. FEES Letters .................................... $ Short Certificate(s) ............... $ Renunciation .......................... $ Affidavit ( ) ....................... $ Extra Pages ( ) .............. $ Codicil ................................. $ JCP Fee ................................. $ Inventory & Tax Forms .............$ Other ...................................... $ TOTAL ............................. $ RW-7A Attorney Attorney: HAMILTON C. DAVIS I.D. No: ]0264 Address: ?.O. :BOX 40 SHIPPENSBURG PA 17257 Telephone: 532-5713 DATE FILED: his is to certify that the information here given is correctly copied from an original certificate of death duly filed with me as Local Registrar· The original certificate will be forwarded to the State Vital Records Office for permanent filing. WARNING: It is illegal to duplicate this copy by photostat or photograph. Fee £or this certificate, $2.00 - //Local ~l~e~i~t~r- ; H105.; 43 Rev 2/87 PERMANENT NAME OF DECEDENT {F ,r~. M~t~la. L~I !~. MARTON R. WTLK~.NS COMMONWEALTH OF PENNSYLVANIA · DEPARTMENT OF HEALTH · VITAL RECORDS CERTIFICATE OF DEATH :~. Female ,. 162 -- 26 -- 5966 ,,. ~-'-~ /A.~ ~ Cumberland DECEDENT'S USUAL OCCU P~'ION ,~. Secretary 618 Glenn Street ,~.Shippensbur g, PA 17257 Shippensburg ~./p. ~S. hippensburg Health,Care Center ,.~,~.~.~=. f,,. White Shippensburg Area ' [ '..[3 .,,[~ s..,w~,~,~,~,s~ ~w,~ ~ ,~.w~. (~.~) School District ],, [,, ~ 12 . Widowed ~$. ~Tu~ ~7,.~ Pennsylvania . ~) ,~.~ C~berland ~? ,Td.~ ~ Shippensburg ,s. Robert Renz Maj. Ted Wilkens ~ Yalr) 911/03 emily Hepperle 1~3130 D Radiere Loop, West Point, NY 10996 I~.~,='.)~, u~ - ..,~ ~ ~ ....... c ...... ILOCmON. C~y~,.. Sm.. ~ C~. · · Shippensbur , Spr~ng H~ll Cemetery [a,~ Cumberlan~ County, 011776-L PA ~-?,g~ er-l~cker F.H.,Inc.,P.O. Box 336, :3',.bg.,PA 17257 I ~. ~c. ~) ~ ~. ~. - ,,,. ~ ~ , ~,~ ~/ ~ ~'l'p, F:\t,~51\UlLLS\PAI, K)RK\~;LKENN.~LL 2/12/~6 11:3~am LAST WILL AND TEf~TAM_ !MT I, MARION R. WILKENS of Shippensburg Borough, Cumberland County, Pennsylvania, declare this to be my Last Will and Testament and revoke any Will or Codicil previously made by me. ITEM I: I direct that all my just debts (except as may be barred by a Statute of Limitations) and my funeral expenses (including my gravemarker and expenses of my last illness) shall be paid from my residuary estate as soon as practicable after my decease as a part of the administration of my estate. ITEM II: I give and bequeath all my tangible personal property, including but not limited to, any and all automobiles and other motor vehicles, household goods and furniture and furnishings, china, silverware, jewelry, ornaments, works of art, books, pictures, wearing apparel and personal effects, but excluding cash on hand and tangible evidences of intangible personal property to my children, ROBERTA R. W. KISSINGER and HENRY T. WILKENS, JR., in as nearly equal shares as is practicable. ITEM III: I devise and bequeath the residue of my estate of every nature and wherever situate in equal shares to such of my children, ROBERTA R. W. KISSINGER and HENRY T. WILKENS, JR., as shall survive me by thirty (30) days. ITEM IV: Should any of my children, ROBERTA R. W. KISSINGER and HENRY T. WILKENS, JR., predecease me or die on or before the thirtieth day following my death but leaving descendants who so survive me, such descendants shall receive, per stirpes, the share that such predeceased child would have received had he or she so survived me. ITEM V: If any property passes outright (either under this Will or otherwise) to a minor (which shall be defined as anyone under twenty-one (21) years of age) and with respect to which I am authorized to appoint a guardian and have not otherwise specifically done so, I decline to appoint a guardian but instead authorize my Executor to distribute such property to a Custodian selected by my Executor (and my Executor may act as such Custodian) as Custodian for the minor under the Pennsylvania Uniform Transfers to Minors Act. Provided, however, that this appointment shall not supersede the right of any fiduciary to distribute a share where possible to the minor or to another for the minor's benefit. ITEM VI: I direct that all taxes that may be assessed in consequence of my death, of whatever nature and by whatever jurisdiction imposed, shall be paid from my residuary estate as part of the expenses of the administration of my~estate. ITEM VII: I appoint ROBERTA R.W. KISSINGER and HENRY T. WILKENS, JR., Co-Executors of this my Last Will. Should both of my said Co-Executors fail to qualify or cease to act as Executors, I appoint my cousin and her husband, CHRISTINE M. MORRELL and WAYNE MORRELL, substitute Co-Executor of this my Last Will. ITEM VIII: My individual fiduciary shall be entitled to reasonable compensation for his or her services rendered from time to time and/or to reimbursement of out of pocket expenses. IN WITNESS WHEREOF, I hereunto set my hand and seal to this my Last Will and Testament, written on four (4) Sheets or.paper, dated The preceding instrument, consisting of this and three (3) other typewritten pages, each identified by the signature or initials of the Testatrix, was on the day and date thereof signed, published and declared by the Testatrix therein named, as and for her Last Will, in the presence of us, who, at her request, in her presence, and in the presence of each other have subscribed our names~/__as witnesvs hereto. 'V ,/ · ~P~/'-, residing at ~/~,//r? ~. residing at COMMONWEALTH OF PENNSYLVANIA : : ss. COUNTY OF CUMBERLAND : I, MARION R. WILKENS, the Testatrix whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my Last Will; and that I signed it willingly and as my free and voluntary act for the purposes therein expressed. Sworn to or affirmed and a~knowledged before me by ~IA~ ~' ~uW~N$ , the Testatrix, this ~ day of 1996. COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND . ss. : We, Hh~l~ c. ~Au,'~ and '~A ch. /~,~,~,--~$ , the witness whose names are signed to the attached or foregoing inst~ent, being duly ~alified according to law, do depose and say that we were present and saw the Testatrix sign and execute the inst~ment as her ~st Will; that the Testatrix signed willingly and executed it as her free and voluntary act for the purposes therein expressed; that each subscribing witness in the hearing and sight of the Testatrix signed the Will as a witness; and that to the best of our knowledge the Testatrix was at that time eighteen (18) or more years of age and of sound mind and under no constraint or undue influence. ~~~~ /~ Sworn to or affimed and subscribed to before me by I+A~,~ c. ~ and ~,~ ~. ~a~ ~$ , witnesses, this ~y~ day of ~~ , 1996. ~ ' N6ta~ ~li~ /S~~D~~ I CERTIFICATION OF NOTICE UNDER RULE 5.6(a) Name of Decedent: Marion R. Wilkens Date of Death: August 28, 2003 Will No.: 2003-00719 PA No. 21-03-0719 To the Register: I certify that notice of (beneficial interest) estate administration required by Rule 5.6(a) of the Orphans' Court Rules was served on or mailed to the following beneficiaries of the above- captioned estate on October 28, 2003: Nalile Roberta R.W. Kissinger, Henry_ T. Wilkens, Jr., Address 138 West Devon Drive, Exton, PA 19341 3130 D Radiere Loop, West Point, NY 10976 Notice has now been given to all persons entitled thereto under l}ule 5.6(a) except None Date: 10/28/2003 Name: Hamilton C. Davis, Esq. Address: P.O. Box 40 Shippensburg, PA 17257 Telephone: 717-532-5713 Capacity: __ personal representative X counsel for personal representative LAW OFFICES OF ZULLINGER- DAVIS PROFESSIONAL CORPORATION JOEL R. ZULLINGER 14 North Main Street Suite 200 Chambersburg, PA 17201 717-264-6029 Fax: 717-264-1884 zulngrlaw@supemet.com Dale F. Shughart, Jr. of counsel November 25, 2003 HAMILTON C. DAVIS 20 East Burd Street, Suite 6 P.O. Box 40 Shippensburg, PA 17257 717-532-5713 Fax: 717-530-5222 davislaw@supemet.com Register of Wills Cumberland County One Courthouse Square Carlisle, PA 17013 Estate of Marion R. Wilkens Est. No. 21-03-0719 Dear Sir or Madam: Enclosed herewith please find an inheritance tax payment in the amount of Twenty-One Thousand One Hundred Forty and 90/100 ($21,140.90), as payment at discount of the above estate. Since the discount is due November 28, 2003, this payment is timely filed with a postmark prior to or on that date. Please credit this estate with payment equal to $22,253.58. If there are any questions or concems, please contact me at the Shippensburg office. Thank yOU. Sincerely, Hamilton C. Davis for Zullinger - Davis Professionat:Corpora~or~''~ } Cr)/njk Enclosure HAMILTON C. DAVIS ATTORNEY AT LAW P.O. BOX 40 SHIPPENSBURG, PA 17257 'R~gister of Wills Cumberland County Courthouse One Courthouse Sc~]~re Carlisle, PA 17013 i 7013+3392 02 h,,lll,,,lll,,,,,,ll,,il,,,ll,,,Ihhh,,,I,II,l,,hl,,,,Ihl COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG, PA 17128-0601 RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT NO. REV-1162 EX(11-96) CD OO3293 DAVIS HAMILTON C P O BOX 04O SHIPPENSBURG, PA 17257-0040 ........ fold ESTATE INFORMATION: SSN: 162-26-5966 FILE NUMBER: 2103-071 9 DECEDENT NAME: WlLKENS MARION R DATE OF PAYMENT: 12/01/2003 POSTMARK DATE: 11/26/2003 COUNTY: CUMBERLAND DATE OF DEATH: 08/28/2003 ACN ASSESSMENT CONTROL NUMBER AMOUNT 101 $21,140.90 TOTAL AMOUNT PAID: $21,140.90 REMARKS: HAMILTON C DAVIS ESQUIRE SEAL CHECK//115 INITIALS: JA RECEIVED BY: DONNA M. OTTO DEPUTY REGISTER OF WILLS REGISTER OF WILLS LAW OFFICES OF ZULLINGER- DAVIS PROFESSIONAL CORPORATION JOEL R. ZULLINGER 14 North Main Street Suite 200 Chambersburg, PA 17201 717-264-6029 Fax: 717-264-1884 zulngrlaw~supernet.com Dale F. Shughart, Jr. of counsel HAMILTON C. I)AVIS 20 East Burd Street, Suite 6 P.O. Box 40 Shippensburg, PA 17257 717-532-5713 Fax: 717-530-5222 davislaw~supernet, com May 27, 2004 Register of Wills Cumberland County One Courthouse Square Carlisle, PA 17013 Estate of Marion R. Wilkens Est. No. 21-03-0719 Dear Sir or Madam: Enclosed herewith please find an inheritance tax return, filed in duplicate, and paymem in the amount of Six Hundred Forty-Nine and 68/100 ($649.68), as additional paymem for the above estate. A discount paymem in the amount of Twenty-One Thousand One Hundred Forty and 90/100 ($21,140.90) was made on December 1, 2003 with a postmark of November 26, 2003. A check for filing fee in the amount of $15.00 is also enclosed yOU. If there are any questions or concerns, please contact me at the Shippensburg office. Thank HCD/njk Enclosure ~, ~Sincerely, Hamilton C. Davis for Zullinger - Davis Professional Corporation DN C. DAVIS NEY AT LAW ). BOX 40 ~INSYLVANIA 17257~D040 liuntyllS Courthouse ~e Square ! 17013 LASS MAIL MAIL ~ AMOUNT 0000 U.S. POSTAGE PAID SHIPPENSBURG.PA 17257 MAY 27,'04 00050140-05 17013 l COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG, PA 17128-0601 RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT NO. CD REV-1162 EX(11-96) 003989 DAVIS HAMILTON C P O BOX 040 SHIPPENSBURG, PA 17257-0040 ........ fold ESTATE INFORMATION: SSN: 162-26-5966 FILE NUMBER: 2103-071 9 DECEDENT NAME: WlLKENS MARION R DATE OF PAYMENT: 05/28/2004 POSTMARK DATE: 05/27/2004 COUNTY: CUMBERLAND DATE OF DEATH: 08/28/2003 ACN ASSESSMENT CONTROL NUMBER AMOUNT 101 $649.68 REMARKS: TOTAL AMOUNT PAID: $649.68 SEAL CHECK# 161 INITIALS: JA RECEIVED BY: GLENDA FARNER STRASBAUGH REGISTER OF WILLS REGISTER OF WILLS 0EPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT 21 03 0719 COUNTY CODE YEAR NUMBER DECEDENT'S NAME (LAST, FIRST. AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER Wilkens, Marion R. 162-26-5966 ~' DATE OF DEATH (MM-DD-YEAR) DATE OF BIRTH (MM-DD-YEAR) ua THIS RETURN MUST BE FILED IN DUPLICATE WITH THE u 08/28/2003 03/15/1932 REGISTER OF WILLS ¢3 IF APPLICABLE') SURVIVING SPOUSE'S NAME ( LAST, FIRST AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER Z [] 1. Odginal Return [] [] 4. Limited Estate [] [] 6. Decedent Died Testate (Attach copy [] of Will) [] 9. Litigation Proceeds Received [] 2. Supplemental Return 4a. Future Interest Compromise (date of death after 12-12-82) 7. Decedent Maintained a Living Trust (Attach copy of Trust) 10. Spousal Poverty Credit (date of death between 12-31-91 and 1-1-95) [] 3. Remainder Return (date of death prior to 12-13-82) [] 5. Federal Estate Tax Return Required 2 8. Total Number of Safe Deposit Boxes [] 11 .Election 1o tax under Sec. 9113(A) (Attach Sch O) THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: NAME COMPLETE MAILING ADDRESS Hamilton C. Davis FIRM NAME (If applicable) Zullinger - Davis, PC tELEPHONE NUMBER 717/532-5713 1. Real Estate (Schedule A) (1) 20 East Burd Street, Suite 6 P.O. Box 40 Shippensburg, PA 17257 2. Stocks and Bonds (Schedule B) (2) 3. Closely Held Corporation, Partnership or Sole-Proprietorship (3) 205,998.32 None None 116,447.11 7,055.97 17,940.48 21,738.23 13,982.57 4. Mortgages & Notes Receivable (Schedule D) (4) 5. Cash, Bank Deposits & Miscellaneous Personal Property (5) (Schedule E) 6. Jointly Owned Property (Schedule F) (6) [] Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) (Schedule G or L) 8. Total Gross Assets (total Lines 1-7) 9. Funeral Expenses & Administrative Costs (Schedule H) (9) 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (10) 11. Total Deductions (total Lines 9 & 1 0) 1 2. Net Value of Estate (Line 8 minus Line 11 ) 13. Charitable and Governmental Bequests/Sec 911 3 Trusts for which an election to tax has not been made (Schedule J) 1 4. Net Value Subject to Tax (Line 12 minus Line 13) (8) 545,441.88 35,720.80 509,721.08 509,721.08 (11) (12) (13) (14) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, x .00 or transfers under Sec. 9116(a)(1.2) 16. Amount of Line 14 taxable at lineal rate x .045 17. Amount of Line 14 taxable at sibling rate x .12 18. Amount of Line 14 taxable at collateral rate x .15 19. Tax Due 509,721.08 20. [] (15) (16) 22,937.45 (17) (18) (19) 22,937.45 >> BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECK MATH << Copyright 2000 form software only The Lackner Group, Inc. Form REV-I$00 EX (Rev. 6-00) Decedent's Complete Address: STREET ADDRESS 618 Glenn Street CITY Shippensburg STATE PA ZIP 17257 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount 21,140.90 1,146.87 (1) Total Credits (A + B + C) (2) 22,937.45 22,287.77 3. Interest/Penalty if applicable D. Interest E. Penalty Total Interest/Penalty (D + E) (3) 0.00 4. If Line 2 is greater than Line I + Line 3, enter the difference. This is the OVERPAYMENT. (4) Check box on Page 1 Line 20 to request a refund 5. If Line I + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) 649.68 A. Enter the interest on the tax due. (5A) B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (5B) 6 4 9.6; 8 Make Check Payable to: REGISTER OF I/YlLLS, 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 ..................................................................................................................... [] [] d. receive the promise for life of either payments, benefit{ or care? .................................................................. [] [] 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? .......................................................................................................................... [] [] 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? ............... [] [] 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a benermiary designation? ........................................................................................................................ [] [] IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN, Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct and complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. SIGNATUR;~)F P~SOIRESP~SIBLE/F~)~ING RETURN ADDRESS DATE Hen~,y~ 3130D Radiere Loop 138 West Devon Drive SIGNI~TL/RE O~IFPREPAR~.i/~/~I'I-~'~ ~-t--A~I R[~I:~ESL=~rATIVE -- - ADDRESS Exton, PA 19341 Hami~.¢l ~)avi~/// ,,~ ,~ Ir .. 20 East Burd Street, Suite 6 DATE Shippensburg, PA 17257 5 : For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3% [72 P.S. §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 0% [72 P.S. §9116 (a) (1.1) (ii)]. The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1,2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is 0% [72 P.S. §9116 (a) (1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5%, except as noted in 72 P.S. §9116 1.2) [72 P.S. §9116 (a) (1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12% [72 P.S. §9116 (a) (1.3)]. A sibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. SCHEDULE A REAL ESTATE ESTATE OF FILE NUMBER Wilkens, Marion R. 21 - 03 - 0719 All real property owned solely or as a tenant in common must, be reported at fair m,arket value. Fair m.arket value is defined as the price at which propertY/would be exchanged between a willing buyer ano a willing seller, neither Deing compelled to Duy or sell, both having reasonable knowledge of the relevant facts. Real property which is jointly-owned with right of survivorship must be disclosed on schedule F. ITEM DESCRIPTION VALUE AT DATE NUMBER OF DEATH 1 521 B West King Street, Shippensburg, PA 17257 (See attached appraisal) 618 Glenn Street, Shippensburg, PA 17257 (See attached appraisal) TOTAL (Also enter on Line 1, Recapitulation) 60,000.00 138,000.00 198,000.00 SCHEDULE B STOCKS & BONDS RESIDENT DECEDENT ESTATE OF FILE NUMBER Wilkens, Marion R. 21 - 03 - 0719 All property jointly-owned with right of survivorship must be disclosed on Schedule F. VALUE AT DATE ITEM DESCRIPTION UNIT VALUE NUMBER OF DEATH 1 PNC Bank Stock - 24 Shares - See attached valuation 47.2351 6,398.45 2 Series HH Savings Bonds - 10 Bonds - See attached valuation 1000.00 10,000.00 3 The Van Guard Group - 13,389.821 Shares - See attached valuation 14.16 189,599.87 TOTAL (Also enter on line 2, Recapitulation) 205,998.32 COMMOf~ItNEALTH OF PF. ht~SYLVANIA II~IERITANCE TAX RE'rURN RESIOENT DECEDENT ESTATE OF Wilkens, Marion R. SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY FILE NUMBER 21 -03-0719 Include the proceeds of litigation and the date theproceeds were received by the estate. All property jointly-owned with the right of survivorship must be disclosed on schedule F. ITEM DESCRIPTION NUMBER 1 2 3 4 5 6 7 8 9 10 11 12 13 M&T Securities, Inc. Money Market Account No. ASQ-901440 Pennsylvania State Employee Credit Umon Checking Account No. 162-26-5966 Accrued Interest on number 5. Rent on Condominium Blue Cross/Blue Shield Refund Shippensburg Health Care Center Refund ULLICO - Insurance Refund for Medical Claim Franklin Templeton Money Market Account No. 02428338 The Enterprise Group of Funds Account No. 08492790510-7 American Diabetes Association Comcast Cable Refund M&T Checking Account No. 36910201 Miscellaneous Household Goods and Furnishings and Personal Effects - Public Sale TOTAL (Also enter on Line 5, Recapitulation) VALUE AT DATE OF DEATH 15,662.68 3,481.75 1.93 615.00 4,796.86 671.00 4,509.45 72,964.40 10,298.11 18.68 4.23 1,941.02 1,482.00 116,447.11 COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE F JOINTLY-OWNED PROPERTY ESTATE OF =FILE NUMBER Wilkens, Marion R. 21 - 03 - 0719 If an asset was made joint within one year of the decedent's date of death, it must be reported on schedule G. SURVIVING JOINT TENANT(S) NAME ADDRESS RELATIONSHIP TO DECEDENT A Roberta R.W. Kissinger Daughter B Henry T. Wilkens, Jr. 138 West Devon Drive Exton, PA 19341 3130 D Radiere Loop West Point, NY 10976 Son JOINTLY OWNED PROPERTY: DESCRIPTION OF PROPERTY LETTER DATE % OF DATE OF DEATH ITEM DECD'S VALUE OF NUMBER FOR JOINT MADE Include name of financial institution and bank account number or DATE OF DEATH TENANT JOINT similar identifying number. Attach deed for jointly-held real estate. VALUE OF ASSET INTERES'I DECEDENT'S INTERES' 1 A 09/28/1985 M&T Checking Account No. 23493836 13,057.48 50% 6,528.74 2. A 01/28/1980 M&T Checking Account No. 1,054.46 50% 527.23 97579416 TOTAL (Also enter on line 6, Recapitulation) 7,055.97 COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY ESTATE OF FILE NUMBER Wilkens, Marion R. 21 - 03 - 0719 This schedule must be completed and filed if the answer to any of questions 1 througl, 4 on page 2 is yes. ITEM DESCRIPTION OF PROPERTY DATE OF DEATH % OF EXCLUSION TAXABLE VALUE Include the name of the transferee, their relationship to decedent and the date of transfer. VALUE OF ASSET DECD'S (IF APPLICABLE) NUMBER Attach a copy of the deed for real estate. INTEREST 1 Penn Insurance Annuity - Policy No. 9148587. The Annuity 5,659.44 100% 5,659.44 was passed upon the death of the decendent via beneficiary designation and are thus non-probate. 2 Mony Annuity - Contract No. BL 001251800-02. The 12,281.04 100% 12,281.04 Annuity was passed upon the death of deeendent via beneficiary designation and are thus non-probate. TOTAL (Also enter on line 7, Recapitulation) 17,940.48 COM MONWEAL'~'I OF PEF~SYLVANIA INHERITANCE TAX RET1JRN RESIDENT DECEDENT SCHEDULEH FUNERAL EXPENSES & ADI~I~STRA~~ ESTATE OF FILE NUMBER Wi]kens, Marion R. 21 - 03 - 0719 Debts of decedent must be reported on Schedule I. ITEM DESCRIPTION AMOUNT NUMBER l 2 3 FUNERAL EXPENSES: Fogelsanger-Bricker Funeral Home Funeral Refreshments Flowers ADMINISTRATIVE COSTS: Personal Representative's Commissions Social Security Number(s) / EIN Number of Personal Representative(s): Street Address City State Zip Year(s) Commission paid Attorney's Fees Hamilton C. Davis, Esqmre Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City State Relationship of Claimant to Decedent Probate Fees Cumberland County Register of Wills __ Zip Accountant's Fees Tax Return Preparer's Fees Other Administrative Costs Legal Advertising - Cumberland County Legal Journal Legal Advertising - The News Chromcle Total of Continuation Schedule(s) TOTAL (Also enter on line 9, Recapitulation) 8,689.15 250.00 19.08 11,000.00 104.00 75.00 101.00 1,~oo.oo 21,738.23 COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT Sd'ledL~ H ESTATE OF FILE NUMBER Wilkens, Marion R. 21 03 - 0719 Ausherman Brothers - Appraisals Reserve for Contingencies 500.00 1,000.00 Page 2 of Schedule H SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS ESTATE OF FILE NUMBER Wi]kens, Marion R. 21 - 03 - 0719 Include unreimbursed medical expenses. ITEM DESCRIPTION AMOUNT NUMBER 5 6 7 8 9 l0 11 12 13 14 15 16 17 M&T Bank Home Equity Loan Account Number 10347027001 Penelec 2003-2004 School Real Estate Taxes to Lisa Helm, Tax Collector on property located at 521 B. West King Street, Shippensburg, PA 2003-2004 School Real Estate Taxes to Lisa Helm, Tax Collector on property located at 618 Glenn Street, Shippensburg, PA Stewart Park Association - Condo Fee Michelle Linn - House Cleaning AT&T Sprint General Motors Credit Card Nationwide Insurance Company The Borough of Shippensburg Pharmacare Merry Maids-Housekeeping Diane Bauserman-Lawn Care Country Comer - Snow Removal 2004 County and Township Real Estate Taxes to Lisa Helm, Tax Collector on property located at 618 Glenn Street, Shippensburg, PA 2004 County and Township Real Estate Taxes to Lisa Helm, Tax Collector on property located at 521 B West King Street, Shippensburg, PA TOTAL (Also enter on Line 10, Recapitulation) 1,421.02 1,519.00 810.20 1,290.10 546.80 350.00 66.56 168.89 241.46 462.41 364.06 4,440.95 159.00 795.70 222.60 667.91 455.91 13)82.57 REV~IS13 EX+ (9-00) ~ SCHEDULE J COMMO~EA'~ OF PENNS¥~V^ N,^ B E N E F IC IA RI E S INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Wilkens, Marion R. 21 - 03 - 0719 RELATIONSHIP TO AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY DECEDENT OF ESTATE lo TAXABLE DISTRIBUTIONS (include outright spousal distributions) 1 Roberta R.W. Kissinger Daughter 1/2 Residue 138 West Devon Drive Ex'ton, PA 19341 2 HerLry T. Wilkens, Jr. Son 1/2 Residue 3130 D Radiere Loop West Point, NY 10976 Enter dollar amounts for distributions shown above on lines 15 through 18, as appropriate, on Rev 1500 cover sheet II. NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEE'I' Borrower Estate of Marion Wilkens File ~,!0 ddress 618 Glenn St County Cumberland State Pa Zip Code 17257 Lender Estimate of Market Value APPRAISAL AIn REPORf IDENTIFICAflON This appraisal conforms to gee of the following definitions: ~,' Complete Appraisal (The act or process of estimating value, or an opinion of value, performed without invoking the Departure Rule.) ~ Limited Appraisal (The act or process of estimating value, or an opinion of value, performed under and resulting from invoking the Departure Rule.) This report is ¢JZa of the following types; ~q Self Contained (A written report prepared under Standards Rule 2-2(a) of a Complete or Limited Appraisal performed under STANDARD 1.) ~, Summary (A writZen report prepared under Standards Rule 2-2(b) of a Complete or Limited Appraisal performed under STANDARD 1.) _.~ Restricted (A written report prepared under Standards Rule 2-2(c) of a Complete or Limited Appraisal performed under STANDARD 1, restricted to The stated in[ended use by the specified client or intended user) Comments on Standards Rule 2-3 I cerd~ that, to the best of my knowledge and belief: · The statements of fact contained in this report are true and correct. · The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions, and are my personal, impartial, and unbiased professional analyses, opinions and conclusions. I have no (or the specified) present or prospective interest in the property that is the subject of this report, and no (or the specified) personat interest with respect to parties involved. 1 have no bias with respect to the property that is the subject of this report or the garlics involved with this assignment · My engagement in this assignment was not contingent upon developing or reporting predetermined results · My compensation for completing this assignment is not contingent upon the development or reporting Ct a predetermined value or direction in value that favors the caus{ of the client, the amount of the value opinion, the attainment of a stipulated result, or the occurrence of a subsequent event directly related to the intended use of this appraisa~ · My analyses, opinions and conclusions were developed and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice · I have {or have not) made a personal inspection of the propert7 that is the subject of this report No one provided significant real prope~ appraisal assistance to the person si~ning this certification. (If there are exceptions, the name of each individual providing significan~ real property appraisal assistance must be stated.) Comments on Appraisal and Report Identification Note any departures from Standards Rules 1-3 and 1-4, plus any USPAP-related issues requiring disclosure: APPRAISER: Signature: / Name: Tim g.A~yEC~n GAA Name: Date Signed: 9-~J'-,~03 Bate Signed: State Certification #:/Ga-OOO149-L State Certification #: or State License #: er Stare License #: State: Pa State: Expiration Date of Certification or License: 6/30/2005 SUPERVISORY APPRAISER (only if required): Signature: Expiration Date of Certification or License: ~ Did iX Old I'Jot Inspect Prope~/ Ausherman Bros. Real Estate Inc. Form ID5 -- "TOTAL for Windows" appraisal software by a la mode, inc. -- !.800-ALAMODE SUMMARY OF SALIENT FEATURES Sudject Address Legal Oescnptien Cit,! Count7 State Zip Code Census Tract Map Reference 618 Glenn St Deed Book Vol. Shippensburg Cumberland Pa 17257 0132.00 32-34-2413-237 SaIe Pdce Date of Saie $ 8/3/2003 Borrower / Client Lender Estate of Marion Wiikens Estimate of Market Value Size (Square Feet) Pdce per Square Foot Location AGe Condit~en Total Rooms Bedrooms Baths 1,659 Good 42 Average 7 3 1 Appraiser Date of Appraised Value Tim L.Ausherman GAA 8-28-2003 Final Estimate of Value $ 138,000 Form SSB -- "TOTAL for Windows" appraisal software dy a la mode, inc. -- 1-800-ALAMODE Summary Appraisal Report Ausnerman ~ros. Real Estate Inc. UNIFORM RESIDENTIAL APPRAISAL REPORT File No. Address 618 Glenn St Deed Book Vol. Assessor's Parcel No. 32-34-2414.237 Borrower Estate of Marion Wilkens City Shippensburg State Pa Zip Code 17257 Count' Cumberland Tax Year 2003 R.E. Taxes $ ] ,796.00 Special A~sses~mects $ 0.00 Current Owner Estate of Marion Wilkens Occuoant: ? Owner Tenant '~ Vacant Said Price eot Name Fee Simoie Leasehold Date of Said 8~3/2003 Lender;Ctient Estimate of Market Value Project Type PLJD CondOminium tHUD/VA on;v) HOA $ N/A MO Map Reference 32-34-2413-237 Census Tract 0132.00 Desc,'~pticn ~nd S amount of roan c,~arqes, concessions to Oe palm 9y seller N/A Address Tim L.Ausherman BAA Address 229 Nod:h Second Street. Chambersbur~. Pa 17201 Location ~ Urban ~, Su~uroan :__.: Rural Predominant Single family ~ousmg Presentland use % Land use change Built up X Over 75% ~ 25-75% Under 25% occupancy PRICE AGE J -- _ $(000) (yrs) i Onefamdy 90 ~ Notli~e!y ~ Likely Growth rate _ Rapid ~. StaPie ~ Slow ~ Owner 95 , 5~0 Low new j 2-4 family ' in process Property values ~ Increasing ~ Stadle ~ Declining ~I Tenant 5 j 190 Hiqh 150 Multi-family 'To: Demand, supply ~ Shortage ~ In balance ~ Over supply ~ Vacant (0-5%); Predominant j Commercial time ~ Under3mos. ~, 3-Cmos. OverBids. ; V~cfover5%): ilO 28 iVacant 10 Note: Race and the racial composition of the neighborhood are not appraisal factors. Neighborhood doundarJes and characteristics: Bounded by King St to the north Brad St to the south, Earl St to the west and Walnut Bottom Road to the east. Located within the east end of the I~oro of Shippensburg. Factors that affect the marketability of the properties in the neighborhood (proximity to employment and amenities, empleymen[ stabititT, appeal to market, etc. No adverse factors affectinq marketability were observed.The subject property is located iust outside the bOlO of access to Overall e 2eel to the market is averaqe. Employmen stability with rr thee area is pood with the current rate in the 4.5 % ranqe. Market conditions in the subiect nei~hPorhood Lincluding support, for the above conclusions related :0 the trend of prope~ va!ues, demand'supply, and marketing time -- such as data on competitive properties for sale in the neighborhood, descrrpdon of the prevalence cf sales and financing concessions, General market conditions in the area are stable supply and demand appear to be in balance at present. Marketin, homes like the subject property. It is common for sellers to assist buyers with closJn.cJ costs. Project information for PODs (If applicable) - - Is ~he developer.,builder in control of the Home Owners' Association (HOA)? _j Yes ~ No Approximate total number of units in the subject project Approximate total numDer of units for sale in the subject project Descdbe common elements and recreational facilities: Dimensions Irregular Topography Level Site area .34 acre Corner Lot :~, Yes ~ No Size Typical Specific zoning classification and des_._cription Residential ! Shape Rectangular Zoning compliance ~ Legal L_~ Legalnonconfor~ming (Grandfa~ered use} ~ Illegat ~ No zoning ) Drainage Adequate Present use ) Other use (explain) i View Averaqe Utilities Pubtic Other Off-site Improvements Type Public Pdvate i Landscaping ' average Electricity ~ Street Asphalt ~ -- Driveway Surface Asphalt Gas ~ Curb/gutter Concrete /~ ~ Apparent easement NS._~gO~. Water ~ Sidewalk Concrete ~ -- iFEMASpeciaiF!°°d HazardArea ~ Yes ~ No Sanitary sewer ~ Streetlights street ~ ~ i FEMA Zone C Map Date 3/15/1979 Storm sewer ~ AlJe'/ None I'-- '~ ~ FEMA Map No. 4203680001A Comments (apparent adverse easements, encroachments, special assessments, slide areas, illegal or legal nonconforming zoning use, etc.): No adverse easements or encroachments were observed. GENERAL DESCRIPTION J EXTERIOR DESCRIPTION J FOUNDATION ; EiASEME!~T i INSULATION NO. of Units 1 ;Foundation Conc Block jSab None iArea Sq. Ft. 1,425 iRool __ .~ NO. of Stories 2 i Extedor Wails Brk & al ~Crawl Space none % Finished 50 J Ceiling Unk ~ Type (bot./Att.) Detached I Basement Full ',Ceiling Tile i Waits unk ~ J Roof Surface Asphalt __ Design (Style) split level j Gutters & Dwnspts. Alumn i Sump Pump no i Wails Paneled i FIoor none ,~ Existin~Proposed existing !WindowType Fixed plass !Dampness no i FIocr tile !None i~] Age (Yrs.) 42 !Storm/Screens no ~Sett ement no J Outside Enid/yes i Unlmown unk ~. 15 ~Manufactured House ~o dnfestation no i ; ROOMS Basement i Level 1 J r I 1 Kitchen Level 2 ! r ~ i I ; 3 i 1 I I 658 Finished ama above orade contains: 7 Rooms: 3 Bedroomfs): 1 Bathfs): 1,659 Square Feet of Gross Livid, ;HEATING Base ;KITCHEN EQUIP. i A'-FIC AMENITIES i CAR STORAGE: 2 car ilType Base iRefdgerator P--- i N0ne )~__~ 'Fireplace(s) # None ~ i N0ne ~ ;Fuel elec :Range,,Oven '~ ISars I~ ;Paid Peto ~ !Garage #ofcars iCondition arq :Disposal ~ Drop Stair i~ iOeck none ~i Attached 2car iCOOLING yes jDishwasher ~ Scuttle ~) Detached ~ Porch Porch )Central yes ]Fan/Hood [-"~ Floor ;Fence None '-q i Built-in :Other n/a [Microwave L~ iHeated i Pool None :~-- i Carport ICondition ay,dj iWasheK.'D~er ~ Finished i ~ Driveway 2 Hearth for woodstove, solar panels on roof. Den j Family Rm. Rec. Rm. Bedrooms # Baths Other ~ 1 1 i 1 I r 1,425 ! 1 ~ : ; ; i : 1.001 INTERIOR MateriaB/Condition Floors Hdw,cpt,vin/avl Wails piaster,/av~ Thru/Finish wood/avq Bath Floor Cerm/avq Bath Wainscot cerm/avg Odors Hollc/avq Additional features (special energy efficient items, etc.): Condition of the improvements, depreciation (physical, functional, and ex!ernal), repairs needed, quality of construc on, remode nO/additions, etd: factors were observed the subiect property is in avera.~e condition. NO adverse Adverse environmental conditions (such as, Put not limited to, hazardous wastes, toxic substances, eld.) present in the improvements, on ~e site, or ~n the immediate vicinJ~ of the subject property: No adverse environmental conditions were observed on the subject property or within the neic Freddie Mac Form 70 6/93 PAGE 1 OF 2 Fannie Mae Form 1004 6/93 Form UA2 -- "TOTAL for Windows" appraisal software dy a ia mode, inc. -- 1-800-ALAMODE UNIFORM RESIDENTIAL APPRAISAL REPORT PileNo. ESTIMATEO SITE VALUE = S ESTIMATED REPROOUCTION COST-NEW-OF iMPROVEMENTS: Dwelling 1,659 Sq. Ft. @$ 7200 = $ 119448 1.425 Sq. FI. @$ 15.00 = 11,965 Porch = 5,200 GaraGe/Carport 405 Sq. FL ~S 16.00 = 6,480 Totat Estimated Cost New = $ 143,113 Less Physical Functional External Oepreciation 35,778 =$ Oepreciated Value of Improvements ..... = $ "As-is" Value of Site Improvements = $ INDICATED VALUE BY COST APPROACH =S ITEM I SUBJECT 618 Glenn St rg . Sales Price Oata and/Or Verification Source VALUE AOJUSTMENTS DESCRIPTION Sales or Financing '* Location of Construction Site View Condition Above Grade Room Count Basement & Finished Rooms Below Grade Porch, Patio, Deck, Kitchen Adjusted Sales Price larable Good Fee simple .34 acre Average split level Brk vin/avg 42 Average Total: Bdrms Baths 7 : 3 : 1 1,659 Sq. FL Full Faro ri,kit,bath Average Base/ac none 2 car Patio Hearth None Std Kitchen ; ;.:- . COMPARABLS NO 41 Oak Ln Shippensburg mile J$ 82.84%~ MLS-Courthouse DESCRIPTION Cenv 225 DOM None 3-27-2003 Good Fee simple .36 A/avg Average Ranchtavg Brk & Vin/avq Average Total :Bdrms Baths 139,500 7 3 2 -3.000 1,684 Sd. Ft. -375 Pad r reoroom +3,500 Average Fh~ac Therm wind car Porch,deck : fpl None 32,000 35,778 107,335 5,000 144,335 Oust Kitchen ~= '"'%- $ 125 'Net o.f %1 "'G~Oss '4.9 %1S 139.625 Comments on Cost Approach (Such as, source of cost estimate, site value, square foot calculation and for HUB, VA and FmHA, ~he estimated remainmg economic !ilo afire property): Cost per sq fit was derived from Marshall and Swift Cost handbook and modified for local conditions. COMPARABLE NO 2 COMPAPAaLE NO. 3 707 Brenton St Shippensburg 2 blocks $ 93.77 MLS-Courthouse DESCRIPTION Cony 182 DOM Concess 5000 12-27-2002 Good Fee simple .33A/Avg Average Ranch/avR Brk & Vin/av.q 38 Average , Total Bdrms Baths 5 2 ~ 1,493 Sp. Ft. Full Finished Average Base/ac none 2 car 140000 ~ -)$Adjust. -5,000 +2,49C Porch fpl -1,0'00 None Std Kitchen ~ + ~. - $ 3,510 Net. 2.5. % Gross' 6.1% $ 136.490 Comments on Sales Comparison (inciuding the subiect property's compatibility to ~he neighborhood, otc.): available comparable sale similar to the subiect property. 401 Lurgan Ave Shippensburg mile 81.97 ~) MLS-Courthouse OESCRIPTION ~(-)$ A~ Conv 31 Dom none 9-15-2002 Good Fee simple Average Ranchiav.q Brick/avg 48 Averaqe Total Bdrms Baths 7 3 2 Part Fam~beo -3.000 Average Hw/ac Insul Wind 2 car Porch 2 fpl None Std Kitchen ~ + ~ - ~ 7,150 : -Ne~ 4.9 %' Gross '4.9 %~S 137.850 Comparable sales # 2 and #3 are over six months ITEM SUBJECT COMPARABLE NO. I COMPARABLE NO. 2 N//A COMPARABLE NO 3 Date, Pdce and Data N.A N/A N/A Source, for prior sales Steb-MLS Steb-MLS SteD-MLS Steb-MLS No sale prev yr No sale prev yr Analysis of any current agreement of sale, option, or listing of subject properb/and analysis of any pnor sales of subject and comparables within one year of the date of appraisal: sales. The subject property isnot listed for sale. INDICATED VALUE BY SALES COMPARISON APPROACH INDICATED VALUE BY INCOME APPROACH (if Applicable) Estimated Market Rent S N/A /Mo. x Gross Rent Multiplier N/A = $ -- This appraisal is made ~ "as ism' i~ subject to the repairs, alterations, inspections or conditions listed below __ subject to completion per plans & specifications. Conditions of Appraisal: See attached FIRREA add and limtinq conditions. Final Reconciliation; Emphasis was placed on the Sales Comparison Approach to value which best reflects buyers within the marketplace. Cost to support this estimate of value. Income Approach was not utilized due to lack of comparable sale that were rented to Rent Multiplier. ,. The purpose of this appraisal is to estimate .~. ' market value of the real prope~ that is the subject of this repcrt, eased on the above condiUons and the certification conbngent and limiting conditions, and market valu.~?inition that are stated in the attached Freddie Mac Form 439/FNMA form 10048 ,'Revised 6-93 ~. I(WE) ESTIMATE THE MARKET VAL U~A'~ DEFIN ED, OF THE REAL PROPERTY THAT IS THE SUBJECT OF THIS REPORT, A~ OF -- 8-28-2003 (WHICH IS THE DATE OF IN~CI'~')I/A't~D THE EFFECTIVE DATE OF THIS REPORT) TO BE $ 138,000 ~ APPRA,SE.: SUPERV,SOR, APPRA,SE.,D.L,,FREOU,.EO, Name Tim L.Aus¢~m~GAA % Name ~ ~ ' ' ' Inspect Prope~ Date Repo~ Siqned ~-~-2003 ~ State Codification ~ Ga-C00149-L State Pa State Codification ~ State · State License ¢ State Or State License ¢ State Freddie Mac Form 70 6~93 PAGE 2 OF 2 F~nnie Mae Form 1004 6-93 Form UA2 -- "TOTAL for Windows" appraisal software by a fa mode. inc. -- 1-800.ALAMODE Borrower/Clie,qt Estate of Marion Wiikens I Prope~ Address 618 Glenn St JCii7 Shippensburf] ---- LLender Estimate of Market Value Building Sketch (Page - 1) Coun~ Cumberland State Pa Zip Code 17257 47.0' 14.0' J Bedrm Bath Bedrm Bedrm 26.0' Family Rm Living Rm Kitchen Dining Foyer 26.0' 13.0' 24.0' Garage 24.0' 14.0' Form SKT.BIdSkl -- "TOTAL far Windows" appraisal software dy a la made, inc, -- 1-800-ALAMODE .,~¢m/,~ddress 618 Glenn St 6it~ ShippensburR Lgnder Estimate of Market Value Location Map Counb( Cum0erland StaTe Pa Code 17257 % Form MAP.LOC -- "TOTAL for Windows" appraisal software by a la mode, inc. -- 1-800-ALAMOOE MULTI-PURPOSE SUPPLEMENTAL ADDENDUM FOR FEDERALLY RELATED TRANSACTIONS Ausherman 8rcs. Real Estate Inc. I80rrower,.Olient Estate of Marion Wi[kens Property Address 618 Glenn St Cibj ShippensOur~ Count' CumOedand State Pa Zip Code 17257 Lender Estimate of Market Value This Multi-Purpose Supplemental Addendum for Federally Related Transactions was designed rD provide the appraiser with a convenient way to comply with the current appraisal standards and requirements of the Federal Oeposit insurance Corporation (FDIC), the Office of :he Comptroller of Currency (0C6), The Office of Thrift Supervision tOTS), the Resolution Trust Corcoration (RFC), and the Federal Reserve. This Multi-Purpose Supplemental Addendum Is for use with any appraisal. Only those statements which have been checked by the appraiser apply to the property being appraised. ~ PURPOSE & FUNCTION OF APPRAISAL The purpose of the appraisal is to estimate the mad<et value of ~he subject property as defined herein. The function of the appraisal is to assist the above-named Lender in evaluating the subject propert7 for lending purposes, This is a federally rotated transaction. ~ EXTENT OF APPRAISAL PROCESS ~ The appraisal is based on the information gathered by the appraiser from public records, other identified sources, inspection of the subject property and neighborhood, and selection ¢ comparable sales within the subject market area. The original source of the comparables is shown in the Data Source section of the market grid along with the source of confirmation, if available. The original source is presented first. The sources and data are considered reliaPle. When conflicting information was provided, the source deemed most reliable has been used. Data believed to be unreliable was not included in the report nor used as a basis for the value Conclusion. ~ The Reproduction Costis based on Marshall & Swift supplemented by the appraiser's knowledge of the local market. ~, Physical depreciation is based on the estimated effective age of the subject propertT. Functional and/or external depreciation, if present, is specifically addressed in the appraisal repor~ or other addenda. In estimating the site value, the appraiser has ret!ed on personal knowledge of the local market. This knowledge is based on prior and/dr current analysis of site sales and/or abstraction of site values from sales of improved properties. ~ The subject prope~ is located in an area of primarily owner-occupied single family residences and the Income Approach is not considered to be meaningful For this reason, the Income Approach was not used· ~ The Estimated Market Rent and Gross Rent r~lultiplier utilized in the Income Approach are dosed on the appraiser's knowledge of the subiect market area. The rental know[edge is based on prior and/or current rental rate surveys of residential properties. The Gross Rent Multi¢ier is ~ased on prior and/or current analysis of prices and market rates for residential proposes. ~ For income producing proposes, actual rents, vacancies and expenses nave been reported and analyzed. They have been used to project future rents, vacancies and expenses. ~ SUBJECT PROPERTY OFFERING INFORMATION According to MLS __ the subject property: ;~ has not been offered for sale in the past: ~ 30 days ~ I year ~ 3 years· ~ is currently offered for Said for $ __1"~ was offered for sale within the past: ~ 30 days ~ -~ t year ~ 3 years for $ ~ Offedng information was considered in the fthal reconciliation of value· ,'~ Offering information was not considered in the final reconciliation of value. ...J Offering information was not available· The reasons for unavailabitity and the steps taken by the appraiser are expiaineP later in this addendum. ~ SALES HISTORY OF SUBJECT PROPERTY According to Cumberland Co Courthouse the subiect property: ~ Has not transferred__..~-~ in the past ~elve months. ,' in the past thirty-six months. _~ in the past 5 years· -'-] Has transferred ~ in the past twelve months· ~ in the past thirty-six months. ~ L_ in the past 5 years. ~ All prior sales which have occurred in the past 3 years are listed Uelow and reconciled ID the appraised value, either in the Oody of/he report or in the addenda. Date Sales Price Document # Seller Buyer ~ FEMA FLOOD HAZARD DATA ,~ Sobject property is not iocated in a FEMA Speciat Flood Hazard Area, L.~r-'" S¢)ject property is located in a FEMA Special Ftood Hazard Area. ' Zone FEMA Map/Panel At Map Date Flame of Community I C 4203680001 A 3/15/1979 Shippensbur,(] ~ The communil7 does not oarticinate in the National F!ood Insurance Program· ~1 The community does ~aruci~a~e in [he National Flood Insurance Program. ~_ It is covered by a regular program· i._~ It is covered dy an emercency program. Page 1 of 2 Form MPA3 --"TOTAL for Windows" appraisal software t~y a la mode, inc. -- 1-800*ALAMODE CURRENT SALES CONTRACT The suoject propers/;s currently not uncer contract. The contracI and/or escrow instructions ,yore not availabie for r.~vi~w. The unavailaOilit7 of the contract is explained later in :ne addenda section. The contract and/or escrow instructicns were revieweci. The following summarizes the contract: tContract Date Amendment Date Contract Price Seller ;_ ]'he contract indicated '~nat personal prope~ was not included in the sale. __ The contract indicated :nat personal property was included It consisted of Estimated contributory value is $ Personal proper~ was not included in the final value estimate. Personal property was included in the final value estimate. ;~ The contract indicated no financina concessions or other incentives. L~ The contract indicaled the fo!lowthc concessions or incentives: If concessions or incentives exist, the comparaPies were checked for similar concessions and appropriate adjustmen[s were made, if applicable, so that the final vatue conclusion is in compliance with the Market Value defined herein. MARKET OVERVIEW Include an explanation of current market conditions and trends. montr~s is considered a reasonable marketing period for the sublet[ prope~ based on Stats from MLS ADDITIONAL CERTIFICATION The Appraiser certifies and agrees that: Appraisal Practice ("USPAP"), except that the Departure Provision of the USPAP does not apply. (2) Their compensation is not contingent upon the reperting of predetermined value or direction in value that favors the cause of the client, the amount of the value estimate, the attainment of a stipulated result, or the occurrence of a subsequent event. (3) This appraisal assignment was not based on a requested roinimum vatuation, a specific valuation, or the approval of a loan. ADDITIONAL (ENVIRONMENTAL) LIMITING CONDITIONS The value estimated is based on the assumption that the property is not negatively affected by the existence of hazardous substances or detrimental environmental conditions unless otherwise stated in this report. The appraiser is not an exper~ Tn the identification of hazardous substances or detrimental environmental conditions The appraiser's routine inspection of and inquihes about the subject proper[7 did not develep any information that indicated any apparent significant hazardous substances or detrimental environmental conditions which would affect the property negatively unless otherwise stated in this report. It is possible that tests and inspections made ~y a qualified hazardous substance and environmental expert would reveal the existence of hazardous substances or detrimental environmental conditions on or around the property that would negatively affect its value. ADDITIONAL COMMENTS ~ APPRAISER'S SIGNATU~i~ & LICENSE/CERTIFICATION Appraiser's Signature Effective Date 9-20.._~-2003 State Pa ~ ~ ' orion # Ga-OOO149.L Date Prepared 9-29-2003 Phone # T~ ID # CO-SIGNING APPRAISER'S CERTIFICATION The co-signing appraiser has nersonellv insoecte~ the subject property, both inside and out, and nas made an extedor inspection of ali comparable sales listed in the report. The report was prepared by the appraiser under direct supervision of the co-signing appraiser. The co-signing appraiser accepts responsibilit~ for the contents of the report including the value conclusions and the limiting conditions, and confirms that the certifications apply fully to the co-signing appraiser. The co-signing appraiser bas not nersonally inspected the interior of the sut~ject prope~ and: has not insnected the exterior of the suPject proper'b/and ali comparable sales listed in t~e report. has insoected the extedor of the subject property and all comparable sales listed in the report. The report was prepared by the appraiser under direct supervision of the co-signing appraiser. The co-signing appraiser accepts responsibility for the contents of the report, including the value conclusions and [he limiting conditions, and confirms that the certifications apply fully to the co-signing appraiser with tole exception of the certification regarding physical inspections. The above describes the level of inspection performed by the co-signing appraiser. The ce-signing appraiser's level of inspection, involvement in the appraisal process and certification are covered elsewhere in the addenda aachen of this appraisal. CO-SIGNING APPRAISER'S SIGNATURE & LICENSE/CERTIFICATION Co-Signing Appraiser's Sign~tur~ Effective Date Date Prepared Co-Signing Appraiser's Nam.~e (print) Phone # State ' : License ~ Certification .,.¢ Tax lO ¢ Page 2 of 2 Form MPA3 -- "TOTAL for Windows" appraisal software by a la mode, inc. -- 1-800-ALAMODE LSormwer/Client Estate of Marion Wilkens ?~o~e~y_4(Idress 618 Glenn St ICity Shippensbur.cj ILender Estimate of Market Value Subject Photo Page County Cumberland State Pa Zip Code 17257 Subject Front 618 Gfenn St Sales Pnce Gross Living Area Totat Rooms Tota Beclrooms Totat Bathrooms Location View Site Quality Age 1,659 7 3 1 Good Average .34 acre Brk vin/avg 42 Subject Rear Subject Street F~rm PIC3x5.SR -- 'TOTAL for W'mdows" apl~raisaJ software by a la mode, inc. -- 1-800-ALAMODE IR,Borrower/Client Estate of Marion Wilkens opera/Address 618 Glenn St i~ Shippensburg Lender Estimate of Market Value Comparable Photo Page Count,/ Cumberland State Pa Zip Code 17257 Comparable 1 41 Oak !_n Prox. to Subject 1 mile Sate Price 139,500 Gross Living Area 1,684 Total Rooms 7 Total Bedrooms 3 Total Rarnrooms 2 Loca~on Good View Average Site .36 Navg Quality Brk & Vinlavg Age 45+- Comparable 2 707 Brenton St Prox, to Subject 2 blocks Sale Price 140,000 Gross Uving Area 1,493 Total Rooms 5 Totat Bedrooms 2 Total Barrooms 1 Location Good View Average Site .33AJAvg Qualit7 Brk & Vin/avg Age 38 Comparable 3 401 Lurgan Ave Prox. to Subject 1 mile Sale P~ce 145,000 Gross Living Area 1,769 Total Rooms 7 Total Bedrooms 3 Total Bar, moms 2 Location Good View Average Site .5 NAvg Quality Bricldavg Age 48 Form PIC3x5.CR -- "TOTAL for Windows' appraisal software by a ta mode, inc. -- 1-800-ALAMODE DEFINITION OF MARKET VALUE: The most probable orice which a property should tiring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected dy undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and [tie passing df title from seller to buyer under conditions whereby: (1) Puyer and seller ara typically motivated; (2) both pardes are well informed or well advised, and 8ach acting in what he considers his own dost interest; (3) a reasonable time is allowed for exposure in the open market; (4) payment is mace in terms of cash in U.S dollars or in terms of financial arrangements comparaPle thereto; and (5) the price represents the normal consideration for the property solo unaffected by special or creative financing or sales concessions' granted by anyone associated with ~e sale. Adjustments to the comparables must be made for special or creative financing or sales concessions Ne adjustments are necessary for those costs which are normally paid by sellers as a result of tradition or law in a market area; these costs are readily identifiable since the seller pays these cosls in virtually all sales transa¢ons, Special or creative financing adjustments can be made to the comparable property Py comparisons to Iinancing terms offered dy a third party institutional tender that is not already involved in the property or transaction. Any adjustment should not be calculated on a mechanical dollar for dollar cost of the financing or concession but the dollar amount of any adjustment should approximate the market's reaction to the financing or concessions based on the appraiser's judgement. STATEMENT OF LIMITING CONDITIONS AND APPRAISER'S CERTIFICATION CONTINGENT AND LIMITING CONDITIONS: The appraiser's certification that appears in the appraisal report is subject to the following conditions: 1. The appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the title to it. The appraiser assumes that the title is good and marketable and, therefore, will not render any opinions about the title. The property is appraised on the basis of it being under responsible ownership. 2. The appraiser has provided a sketch in the appraisal report to show approximate dimensions of the improvements and the sketch is included only r,o assist the reader of the report in visualizing the property and understanding the appraiser's determination of its size. 3. The appraiser has examined the available flood maps that are provided dy the Federal Emergency Management Agency (or other data sources) and has noted in the appraisal report whether the subject site is located in an identified Special Flood Hazard Area. Because the appraiser is not a surveyor, he or she Chokes no guarantees, express or implied, regarding this determination. 4. The appraiser will not give testimony or appear in court because he or she made an appraisal of the property in question, unless specific arrangements to do so have been made beforehand. 5. The appraiser has estimated the value of the land in the cost approach at its highest and best use and the improvements at their contributory value. These separate valuations of the land and improvements must not be used in conjunction with any other appraisal and are invalid if they are so used. 6. The appraiser bas noted in the appraisal report any adverse conditions (such as, needed repairs, depreciation, the presence of hazardous wastes, toxic substances, etc.) observed during the inspection of the subject property or that he or she became aware of during the normal research involved in performing the appraisal. Unless otherwise stated in the appraisal report, the appraiser has no knowledge of any hidden or unapparent conditions of the property or adverse environmental conditions (including the presence of hazardous wastes, toxic substances, etc.) that would make the droper~ more or less valuable, and has assumed that there are no such conditions and makes no guarantees or warranties, express or implied, regarding the condition of the prope~. The appraiser will not be responsible for any such conditions that do exist or for any engineering or testing that mipt be required to discover whether such conditions exist. Because the appraiser is not an expert in the field of environmental hazards, the appraisal report must not be considered as an environmental assessment of the property. 7. The appraiser obtained the information, estimates, and opinions that were expressed in the appraisal report from sources that he or she considers to be reliable and believes them to be true and correct. The appraiser does not assume responsibility for the accuracy of such items that were furnished by other parties. 8. The appraiser will not disclose We contents of the appraisal report except as provided for in the Uniform Standards of Professional Appraisal Practice. 9. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to satisfactor~ completion, repairs, or alterations on the assumption that completion of the improvements will be performed in a workmanlike manner. 10. The appraiser must provide his or her poor written consent before the lender,,'client specified in the appraisal report can distribute the appraisal report (including conclusions about the property value, the appraiser's identity and professional designations, and references to any professional appraisal organizations or the firm with which the appraiser is associated) to anyone other than the borrower; the mortgagee or its successors and assigns; the me,gage insurer; consultants; professional appraisal organizations; any state or federally approved financial institution; or any department, agency, or instrumentality of the United States or any state or the District of Columtiia; except that the lender/client may distribute the property description section of the report only to data collection or reporting service(s) without having to obtain the appraiser's prior wr~en consent. The appraiser's written consent and approval must atso be obtained betore the appraisal can be conveyed by anyone to the public through advertising, putliic relations, news, sales, or other media. Freddie Mac Form 439 8-93 Page t of 2 Fannie Mae Form 1004B 6-93 Ausherman Bros. Real Estate Inc. Form ACR -- "TOTAL for Windows" appraisal software by a la mode, inc. -- f-8OO-ALAMODE APPRAISER'S CERTIFICATION: The Appraisercertilies and agrees that: t. I have researched the subject market area and have se!erred a minimum of tt~ree recent sales of prcpertJes most similar and proximate to the subject prope~ for consideration in the sales comparison analysis and nave made a dollar adjustment when appropriate to reflect the market reaction to those items of significant variation. If a significant item in a comparadle property is supenor to, or more favorable than, the subiect property, i have made a negative adiustment to reduce ',ne adjusted sales price of ~e comparehle and, if a significant item in a comparable prope~ is inferior to, or ]ess favorable than the subiect groper:,/, i have mapo a positive adjustment to increase !he adjusted sales price ol the comparabte. 2. t have taken into consideration the factors that nave an impact on value in my development of the estimate of market value in the appraisal report. [ have not knowingly withheld any significant information from the appraisal report and I believe, to the best et my knowledge, that all statements and information in the appraisal report are true and correct. 3. I staled in the appraisal report only my own personal, unbiased, and pro/essional anaiysis, opinions, and conclusions, which are subject only to the contingent and limiting conditions specified in this form. 4. I have no present or prospective interest in the property that is the subject to this repmt, and I have no present or prospective personal interest or bias with respect to the participants in the transaction. I did not base, either partially or completely, my analysis and/or the estimate ol market value in the appraisal report on the race, color, religion, sex, handicap, familial status, or national origin'of either the prospective owners or occupants of the subject properd/ or of the present owners or occupants of the properties in the vicinity of the subject gropem/. 5, I have no present or contemplated ruture interest in ~he subject proge~, and neither my current or future employment nor my compensation for performing this appraisal is contingent on the appraised value of the prope~. 6. I was not required to report a predetermined value or direction in value that favors the cause of the client or any related pa~y, the amount of the value estimate, the attainment cf a specific result, or the occurrence of a subsequent event in order to receive my compensation and/or employment for performing the appraisal. I did not base the appraisal report on a requested minimum valuation, a specific valuation, or the need to approve a specific mortgage loan. 7. I periormed this appraisal in conformity with the Uniform Dandards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place as of the effective date of this appraisal, with the exception of the departure provision of those Standards, which does not apply, i acknowledge that an estimate of a reasonable dme for exposure in the open market is a condition in the definition of market value and the estimate t developed is consistent with the marketing time noted in the neighborhood section of this report, unless I have otherwise stated in the reconciliation section. 81 I have personally inspected the interior and exterior areas of the subject property and the extehor of all properties listed as comparables in the appraisal report. I further certify that I have noted any apparent or known adverse conditions in the suoiect improvements, on the subject site, or on any site within the immediate vicinity of the subiect property of which I am aware and have made adiustm~nts for these adverse conditions in my analysis of the property value to the extent that I had market evidence to support them. I bare aisc commented about the elfect of the adverse conditions on the marketability of the subject property. ' 9. I personally prepared all conclusions and opinions about the real estate that were set forth in the appraisaI report. If I relied on significant professional assistance from any individual or individuals in the performance of the appraisal or the preparation ct the appraisal report, I have named such individual(s) and disclosed ~e specific tasks performed by them in the reconciliation section of this appraisal report. I certify that any individual so named is qualified to perform the tasks. I have not authorized anyone to make a change to any item in the report; therefore, if an unauthchzed change is made to '~he appraisal report, [ will take no responsibility for it. SUPERVISORY APPRAISER'S CERTIFICATION: If a supervisory appraiser signed the appraisal report, he or she certifies and agrees that: I directly supervise the appraiser who prepared the appraisal report, have reviewed the appraisal report, agree with the statements and conclusions of the appraiser, agree to be bound by the appraiser's certifications numbered 4 through 7 aPove, and am taking full responsibility for the appraisal and the appraisal report. ADDRESS OF PROPERT~Y/APPRAISED: 618 Glenn St, Shippensbur.q, Pa 17257 Oate Signed:/~9¢ 2 O0 3 ' Name: Date Signed: State Oertific~J'en #: ~ State Certification or State License #: or State License #: State: Pa State: Expiration Dale of Certification or License: 6~30/2005 SUPERVISORY APPRAISER (only if required): Signature: Expiration Date of Certification or License: Did i Did Not Inspect Property Freddie Mac Form 439 ~-g3 Page 2 of 2 Fannie Mae Form 10048 6-93 Form ACR -- "TOTAL for Windows" appraisal software tiy a la mode, inc. -- 1-8O0-ALAMODE 80rrower Estate of Marion Wilkens File No. Property Address 521 B West Kinq Street eib/ Shippensburg Ccunt~ Franklin Slate Pa Zip Coco 17257 Lender Estimate of Market Value APPRAISAL AND REPORT IDENTIFICATION This appraisal conforms to cite of the following definitions: ~ Complete Appraisal (The act or process of estimating value, or an opinion of vatue, performed without invoking the Depa~ure Rule) i~ Limited Appraisal (The act or process of estimating value, or an opinion of value, performed under and resulting from invoking the Beparture Rule) This report is ~e of the following types: ~ Self Contained (A written report prepared under Standards Rule 2-2(a) of a Complete or Limited Appraisal performed under STANDARD 1 .) ~ Summary (A written report prepared under Standards Rule 2-2(~) of a Complete or Limited Appraisal performed under STANOARD 1 .) ~ Restdcted (A written report prepared under Standards Rule 2-2(c) of a Complete or Limited Appraisal performed under STANDARD 1, restricted to the stated intended use by the specified client or intended user.) Comments on Standards Rule 2-3 I certif? that, to the best of my knowledge and belief: · The statements of fact contained in this report are true and correct, · The reported analyses, opinions, and conclusions are limited only dy the reported assumptions and limiting conditions, and are my personai, impartial, and unbiased professional analyses, opinions and conc!usions. · I have no (or the specified) present er prospective interest in the propert7 that is t~e subject of this report, and no (or the specified) personal interest with respect to th( parties involved. · I have no bias with respect to the property that is the subject of t~is report or the parties involved with this assignment · My engagement in this assignment was not contingent upon developing or reporting predetermined results · My compensation for completing this assigr~ment is not continger~t upon the development or reporting of a predetermined value or direction in value that favors the causl ct the client, the amount of ne vatue opinion, the attainment of a stipulated result, or the occurrence of a subsequent event directly related to the intended use of this appraisal · My analyses, opinions and conclusions were developed and this report f~as been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice · I have (or nave not) made a personaJ inspection of the property that is the subject of this report · No one provided significant real property appraisal assistance to the person s~gning this certification. (If there are exceptions, the name of each inCividuat ordviding significan'. real droperty apdraisal assistance must be stated.) Comments on Appraisal and Report Identification Note any departures from Standards Rules 1-3 and 1-4, plus any USPAP-related issues requiring disclosure: APP.AIS R' Name: TimiL;&~'~rman GAA Date Signed'/ '9-2g-2003 State Certification #: Ga*OOO149-L or State License #: State: Pa Expiration Oate of Certification or License: 6/30/2005 SUPERVISORY APPRAISER (only if required): Signature: Name: Date Signed: State Certification #: or State License #: State: Expiration Date of Certification or License: !____~ Old ~ Did Net Inspect Property Ausherman 8rcs. Real Estate Inc. Form ID5 -- "TOTAL for Windows" appraisal sof'~ware by ara mode, inc, -- 1-800-ALAMODE INDIVIDUAL CONDOMINIUM UNIT APPRAISAL REPORT Summer 3crt File No. _Proper'b/Address 521 B West King Street OiI'¢ ShippensburFi State Pa Zip Code 17257 Deed Book Vol 871 e 537 County Franklin Unit No a8 NO. 68-2645B Tax Year 2003 R.E. faxes S 1,262.00 Special Assessments $ Phase NO. Map Reference 68-25-45B Census Tract 010300 Borrower Estate of Marion Wilkens Current Owner Estate of Marion Wilkens Occupa~ -- Owner 2<~! Tenant ~'~ -- LeaseI~otd Monthly Home Owners' Association Unit Charce$ 67.15 N/A Oate of Sate N/A Description and $ amount of loan charqes, concessions to be paid Py seller N/A Lender;Client Estimate of Market Value Address Vacant ]raiser Tim L.Ausherman GAA Address 229 North Second Street. Chambersburg, Pa 17201 Location Urban Suburban Rurai Predominant ~ ~ single family Builtup ~ Over 75% ,~ 25-757o ~ Under 25% occupancy $ (000) (yrs Growth rate i_._ Rapid ~ StaDia 17 Slow Z Owner 40 Low new Prope~/vaIues ~% increasing ~ StaD~e ~ Declining [~ Tenant 150 .~j~ 40 Demand'supply ~ Sho~age ~ In balance ~ Over supFy ~ Vacant(O-5%) ] ] Predominant time Under 3 mos. 3-6mos. ~ Over6 mos Vscant(overS~4: 100 20 Present land use %: One F~miiy 6~, 2.4 Family 10 , Apa~ments 1~, Condominium 10 , Commercisl 10 Land use c~ange: ,~ Not likay ~ Likely ~ In process to Note: Race and the racial composition of the neighborhood are net appraisal factors. Neighborhood bound~nes and characteristics: Bounded by Earl St ~o the east Lurqan Ave to the north and west and Orange St to the ricoh. Loca ed within the west end of the boro of Shippensbur~. Factors ~at affect the marketabiii~ of t~e propemies in the neig~borhoc¢ (proxJmi~ ~o emFeyment ~md amenities, employment stability, aFpea~ to market, etc.): No adverse factors affecting marketabliW were obse~ed. The subject prope~y is located within a neighborhood of like prope~ies and overall 9eal to the market is avera( odd in the area with current unemp{oyment rate in the 4.3% range. The srea access to iment. Single family housing i Predominant ConOominiumhousing PRICe AGE [ condominium PRICE AGE ; occupancy $ ¢00l (yrs) __ ~ Owner J 40 Low 5 j _ Tenant ! 85 i ~ Vacant(O-5%) { i Predominant; i; Vac~nt¢over 5%) i 65 35 __, Industrial__, Vacant__, Other__ Market conditions in the subjec~ neighPorhood (including support for the above conclusions related to the trend of property values, demand/supply, and marketing time - - such as data on competitive properties for sale in the project and neighborhood, descdplion of ~ne prevalence of sales and financing concessions, etc.): Market conditions have remained good with current marketing time approx 120 days t s common for se ers to assist buyers with closinc r there are few )erties like the subject property. Specific zoning classificatic__n and descrip~on res Zoning compliance [~ Legal _ Legal nonconforming (Grandfathered use)~ ~ Illegal Present use ~ Other use texp!ain) Utilities Pubtic Other i Off-site Improvements Type Electncit7 ~ j Street asphalt ---~ ' j Curb/gutter Concrete Gas ~ WaIer ~ [ Sidewalk Concrete Sanitan] sewer ~ I Street lights street Storm sewer ~i i Alley asphalt Comments (apparent adverse easements, encroachments, special assessments, slide areas, illegal or legal nonconforming zoning use, etc.): encroachments were observed. · Topography Slope to rear ~ No zoning Size typical ; Oensdy Averaqe Public Private ! View Averaqe ~ .__.--~ Orainage adeqFate ~;~ _~ ! Apparent easements none observed !~ F~ IFEMA Special Flood HazardArea ~ Yes ~ No ,~ ~-- iFEMAZone C MapDate 3/15/1979 ~ ~ IFEMAMapNc. 4203680001A No adverse easements or No. of Stodes 1 i Extedor Walls Brk vi j if Project Completed: i If Project Incomplete: I Subject Phase: No. of Elevator(s) None Roof Sudace asphal Total No. of Phases 1 1 Total No. of Planned Phases N/A i Totat Ne. of Units Existinoj'Proposed exist J Total No. of Parking 2 l Total No, of Units 8 i Total No. of Planned Units N/A i Total No. of Units If conversion, orig. use N.A Ratio (spaces/units) 2/1 j Total No. of Units for Sale 0 I Total No. of Units for Sale N.~A ! Total No. of Units for Sale Date of Conversion N.A Type pave ! Total No. of Units Sold 8 i Total No. of Units Sold N/A i Total No. of Units Sold Age (Yrs.) 20 Guest Parking none [ Total No. of Units Rented 1 !Total No. of Units Rented N/_._..~A ~ Total NO. of Units Rented 10 !Oata Source Agent --! Data Source N/A ' Data Source MLS Project Type: ~ Primal7 Residence ~ Second Home or Recreational ~ Row or Townhouse ~ Garden ~ Midrise ~ Hignrise ~ __ Condibon of t~e project, quality of cons~cticn, unit mix, appeal to market, etc.: would be considered as average. Are the heating and cooling for the indiviPual units separately metered? and market acceptance: Overall condition of the subiect property is average overall appeal to market Yes F~ No If no, describe and comment on compatibility to other projects in market area Common etements and recreational facilities: Greenspace Are the common elements competed? ~;~ Yes ~-~ No Is the Build?_Beveloper in control ct the Home Owners' Association? -- Yes ~ No ' common elements leased to or by the Home Owners' Association? ; Yes ~ No If yesr attach addendum describin,~ rental terms and op OhS ROOMS Foyer ! Living Dining J Kitchen Den t Famit), Rm. Rec. Rm. Bedrooms # Baths Launort Otaer Basement ', ~ 782 Finished area above grade contains: 4. Rooms; GENERAL DESCRIPTION iHEATING Hpump Floor No. 1 I Type Hpump ND. of Levels 1 i Fuel Elec INTERIOR Materials/Condition ! Condition avg Flooring .Cppt,vin/av.q ! COOLING yes Walls D rywalll/av,q i Central yes Bath Floor Vinyl/avg Other no 2 8edroomls); 1 Bathts); 782 Square Feet of Gross Living Area For Unit KITCHEN EQUIP AMENITIES , CAR STORAGE INSUL~TiON . . ~ Refrigerator ~ Fireolace(s) # 0 None ~ Roof ~ j Range,.Oven I~ Ratio Patio ~.. Garage ~ Ceiling avg ~ Disposal ~ Balcony none __ NO. of Cars pave wails avg ~ Oistiwasher _ Deck none Ooen ~ Floor av.g ~ . Fan/Hood __ Porch None No of Cars 2 None -- __ Microwave Fence none = Parking Space No. 2 _ unknown Bath Wainscot Fiber~las/av,g Condition av~ ,WashedOrver Asslqned/Owned Condition of the unit, depreciation, repairs needed, qualit~ of consU'uctJon, remocellng~mooern~zauon, adO~bonal features special energy efficient items, etc.): ~verall condition of the unit is average no repairs appear to be needed. Adverse environmental conditions (such as, but ~ot limited to, hazardous wastes, toxic substances, etc.) present in the improvements, on the site, or in the immediate vicinity of the subject property: No adverse enviromental were observed on the site or within the neighborhood. Freddie Mac Form 465 10-94 Rage 1 of 2 Ausherman Bros. Real Estate Inc. Form PU2 -- "TOTAL for Windows" appraisal software by a ia mode, inc. -- 1 -eOO-ALAMODE Fannie Mae Form 1073 10-94 INDIVIDUAL CONDOMINIUM UNIT APPRAISAL REPORT Unit Charge S 67 15 _ per mo. X 12 = $ 805.80 per yr. Annual Assessment charge per year, square feet of ~ross tiring area = S 1.03 s the project sublect to ground rent ? ~. Yes ?_~' No if yes, S per year. utiiJtJes included in unit charge: __ None '__ Heat ~ Air Conditioning E!ectricity ~ Gas fi_ Wa[er _! Sewer Note any lees other than regular HOA charges, for use of localities None Compared to other competitive projects of similar quality and design, the subject unit charge appears: ~-- High Z TypicaJ --- Low TO propeny maintain the proiect and prowde the services anticipated, the budget appears: Z dequate Inadequate ~ Unknown Management Group: Z Home Owners' Association ;~ Developer Management Agent (Identify) Quality ct management and its entercement of Rules and Regulations based on general appearance ct project appears: ~ Adequate ~.~ Inadequate Special or unusual characteristics in the Condominium Oocuments or other information known to the appraiser that would affect marketability (if none, so state) iTEM SUBJECT COMPJ, RAB~.E NO. 1 CO(t'PARABLE NO Z COMPARABLE NO. 3 Address and 52t B Wes~ King Stree~ ! 521 West King St ,cE 521 West King St # D 4. Larcn Dr i Shlppensburg ~ Shippensburg ! Shippensourg I same block same blOCK ' mile Sales Price r $ 67 000 S 65,000 S 83,000 Price/GrossLiv. Area $ ~ S 58.77 ~ S 57.02 ~ S 69.17 ~ Oata and/or ; MLS-Courthouse MLS-Courthouse MLS-Courthouse Verification Sources : VALJE ADJUST",'IE~'~TS DESCRIPTION i OESCR[PTION ~ ~_) $ Aelustmen Sales or Financing Concessions Date of Said/Time Location Leaseholds'Fee Simple HOA Mo. Assessment :; None 3-14-2003 Average ~ Averaqe Condo I Condo 67.15 181.25 ,+ (- I $ Adius~en; 9ESCR PTION Cony Coness 1950 - (-) $ ACjustmenu DESCRIPTION Cony None 6-23-2003 6-16-2003 Averaqe Average Fee s~mple None Condo -5,000 81 25 Common Dements Greenspace i Greensoace : Greensoace None and Rec Facilities i t : )~cal :typical typical [ypica Floor Location ; 1 1 & 2 1 & 2 ' & 2 View i Averaqe ' Averaqe Average Averaqe ; Condo/avq I Condo/avq Twsho/avg ! Brk al/avg · [2O i Condo/arq of Construction ! Brk al/avg 12o Condition I Averaqe I Average AboveGrade iTc[al Bdrms Ba~hsI Total Bdrms Baths Room Count ~ 4- 2 , 4 ' 2 ' 1.5 Area 782 Sq. Ft. ~ 1,140 Sq. Ft. Basement & Finished ! None None Rooms Below Grade I Unfinished Unfinishe : I Averaqe I Averaqe i Bra( al/avq Brk al/avq 20 8 -3,000 Average Average Total Bdrms Baths Tote Bdrms Baths -1,500 4 2 1.5 -1.500 6 3 1.5 -1,500 -5,370, 1,140 Sq. Ft. -5.370 1,200 Sq. Ft. -6,270 None Full -3,000 Un[in,she Finished -3,500 Average . Average Hpump/ac. Hpump/ac / Efficient items ! Sw,sd Sw,sd Sw,sd Sw,sd i pave pave ~ car B$c~ny, Patio, Patio ~ Porch Porch Porch None None None None Kitchen ' Std Kitchen Std Kitchen Std Kitchen Std Kitchen '' I ~'+'~.~- $ 6,870 --+ , - ~- ~;~ - $ 6,870 ~, - $ 25,270 Net 10-3%i I Net 10.6% Net 30.4%~ larable t' 10.3%'$ 60,130: Gross 166% $ 58,1301 Gross 30.4% $ 57,730 Comments on Sales Comparison (including the subject property's compatibility to other condominium units in the ne~ghborhcod, etc.): Comparable sales # 1 and # 2 are Condos nearby the subject. Comb # 3 is a fee simple townhouse however would appeal to a similar market, and is the best comparable sol( available. -3,000 ITEM i SUBJECT ', COMPARABLE NO. 1 i COMPARABLE NO. 2 ~ COMPARABLE riO. 3 Date, Pdce and Data i 56000 N/A I N/A i N/A Source for prior sales i Steb-MLS Steb-MLS ! Steb-MLS ! Steb-MLS 1-2-2002 I No sale prey 3 yr ' No safe prev 3 yr i No sale prev 3 yr Analysis of any current agreemenr of sale, opdon, or lisUng of the subject property and anatysia of any prior sales of subject and co,parables within one year cf the date of appraisal: no[ listed for sale. fNDICATED VALUE BY SALES COMPARISON APPROACH $ 60,000 INDICATEDVALUE BYINCOME APPROACH (If Applicable) Estimated Market Rent $ 600 ,'Mo. x Gross Rent Multiptier 95.00 = $ 57.000 INDICATED VALUE BY COST APPROACH (A__~actl if Applicable) ...................... $ This appraisal is made ~;~ "as is" ;__ subject to the repairs, alterations, inspections, or conditions listed below ~ subiect to completion per plans and specifications. Condition of Appraisal: See attached limitinq conditions. Final Reconciliation: Emphasis was placed on the safes comparaison approach to value which best reflects buyers in the marketplace. The purpose of this appraisaJ is to estimate the market value of the rea property mat is the subject ct this report based on the above conditions and the certification, contingent and limiting cond~bons, and market v/~?dehn~fion that are stated in the attached Freddie Mac Form 43g/Fannie 'Mae Form 10048 (Revised 6-93 ). 1 (WE) ESTIMATE THE MARKET V~'~f'CAfS DEFINED, OF THE REAL PROPERTY THAT IS THE SUBJECT OF THIS REPORT ABOF 9-28-2~ (WHICH IS THE DATE 0 ~/¢~I~.~ND THE EFFECTIVE DATE OF THIS REPORT)TO BE S 60,000 ~ . APPRAISER: /, :,~ SUPERVISORY APPRAISER (ONLYIF REQUIRED): S]qna~re / '. /~ Signal,re ~ -- Name Tim L.Aosh~n GAA~ ~ame ~ Did ~ Did inspect Prope~ Date Report Siqr~ed /9-29-2003 Date Report Siqned State Certification # Ga-OOO149-L State Pa State Certification ~r State License # State Or Sloe License # Freddie Mac Form 465 10-94 State State Page 2 of 2 Fannie Mae Form 1073 I0-94 Form PU2 -- "TOTAL for Windows" appraisal so~,,vare by a !a mede. inc -- t-8OO-ALAMODE Borrower/Client Estate of Marion Wilkens ProperW Address 521 B West King Street City Shippensburg ' Lender Estimate of Market Value Building Sketch (Page - 1) Count7 Franklin State Pa ZipC~de 17257 23.0' 34.0' Kitchen Living Bedrm Bath 34,0' Bedrm 23.0' Form SKT. BIdSkl -- "TOTAL for Windows" appraisal software by a la mode, inc. -- 1-800-ALAMOOE Borrower/Client Estate of Marion Wilker~s Prope~ Address 521 B West King Street Ci~ ~'~ippensburg ' Lender Est mate et Market Value Location Map Count'/ Franklin SIa[e Pa Z~Code 17257 Shlppensburg *, -'<? .... Form MAP.LOC -- "TOTAL for Windows" aodraisal soltw~re by a ia mode, inc. -- I-8DO.ALAMO3E MULTI-PURPOSE SUPPLEMENTAL ADDENDUM FOR FEDERALLY RELATED TRANSACTIONS Ausnerman 9roe. Real Estate !nc. I 80rrower/Client Estate of Marion Wilkens Property Address 521 B West Kinq Street Cit7 Shippensburg ' County Franklin Sta:e Pa Zip Code 17257 Lender Estimate oi Market Value This Muiti-Porpose Supplemental Addendum for Federally Re~ated Transactions was designed to provide the appraiser with a convenient way to comply w~th the current appraisal standards and repuirements of ,,he Federal Deposit Insurance Corporation !FOiC), the Office of t~e Comptroller of Currency (OCC), The Off[ca of Thrift Supervision (OTS), the Resolution Trust Corpora[ion (RTC), and :Be Feoeral Reserve. This Multi-Purpose Supplemental Addendum is for use with any appraisal, Only those statements which have been checked by the appraiser apply to the property being appraised. ~ PURPOSE & FUNCTION OF APPRAISAL ]'he purpose of the appraisal is !o estimate the market value of the subject properly as defined herein, The function of the appraisal is to assisl the above-named Lender in evaluating the subject properS/for lending purposes, This is a federally related transaction. Z EXTEMT OF APPRAISAL PROCESS ~_~ The appraisal is based on the information gathered by the appraiser Irom public records, other identified sources, inspection of the subject property and neighborhood, and selection of comparable sales within the subiect market area. The original source of the oomparables is shown in the Data Source section of the market god along with the source of confirmation, if available. The odginal source is presented first. The sources and data are considered reliable. When conflicting information was provided, the source deemed most reliable has been used. Data believed to be unreliable was not included in the report nor used as a basis for the value conclusion. ~ The Reproduction Costis based on N/A supplemented Py the appraiser's knowledge of the local market. ~ Physical de~]redation is based on the estimated effective age of the subject property. Functiona an(~'or external depreciation, if present, is specifically addressed in the appraisal report or other addenda, In estimating tee site value, the appraiser has reed on personal know[edge of the local market. This knowledge is based on prior and/o~ current anatysis of site sa[es and/or abstraction of site values from sales of improved properties. ,r~ The subject property is located in an area of primarily owner-occupied single family residences and the Income Approach is not considered to be meaningful. For this reason, the Income Approach was not used. ~ The Estimated Market Rent and Gross Rent Multiplier utilized in the Income Approach are based on the appraiser's knowledge of the subject market area. The rental knowledge is based on prior and/or current rental rate surveys of residential properties. The Gross Rent Mu[tiger is based on prior and/or current analysis of prices and market rates for residential propenCes. ~_ For income producing properties, actual rents, vacancies and expenses have been reported and analyzed. They have been used to project future rents, vacancies and expenses. SUBJECT PROPERTY OFFERING INFORMATION According to MLS the subject prober[y: has not been offere~ for sale in the past: '-- 30 days ~ I year ~ 3 years. is currently offered for sale for $ was offered for sale within the past: '-- 30 days ~ 1 year ~ 3 years for $ Offedng information was considere~ in ~e final reconciliation of value. Offering information was not considered in the Ileal reccncilialJon of value. Offering information was not available. The reasons for unavailability and the steps taken by ttie appraiser are explained later in this addendum. ~ SALES HISTORY OF SUBJECT PROPERTY Accordin; to Franklin Co Courthouse the subject prcperty: ~ Has not transferred -~ in the past ~elve months, ~ in the past thirty-six months. ,,~ in the past 5 years. ~ Has transferred I~ ~ L_ in the past twelve months. ~ in the past thi~-six months. ~ in the past 5 years. L~ All phor sales which nave occurred in the past are listed be[ow and reconciled to the appraised value, either in the body of the report or in the addenda. Date Sales Price Document # Seller Buyer FEMA FLOOD HAZARD DATA Subject property is not Iocate~i in a FEMA Special Fiood Hazard Area. Subject property is located in a FEMA SpeciaJ FIood Hazard Area. Zone FEMA Map/Panel # Map Date Name of Community C 4203680001A 3/15/1979 Shippensbur,~ The community does not participate in the National Flood Insurance Program. The community does earrici~gte in ,~he National J:[ood Insurance Program. It Js covered by a re_cular program. It is covered by an emeroency program, Page 1 of 2 Form MPA3 -- "TOTAL for Windows" appraisal software by a ia mode, inc. -- 1-800-ALAMOOE CURRENT SALES CONTRACT The subject propert7 is currer*[ly not under contract. The contract and/or escrow instructions were not available for r~¥i~w The unavailabiii,~ of the contract is explained later in the addenda section. The contact and/or escrow instructions were reviewed. T,~e following summarizes the contracI: tContract Oate Amendment Date Contract Price Seller The contract indicated that personal properb/was not included in the sale. The contract indicated that personal property was included. It consisted of Personal property was not inciuded in the final value estimate. Personal property was included in the final value estimate. The contract indicated no financing concessions dr other incentives. The contract indicated the foilowinq ccm;~_o_~ or fncentives: Estimated contributory value is $ that the final value conclusion is in compliance with the Market Value defined herein. MARKET OVE RVI EW Include an explanation of current market conditions and trends, months is considered a reasonable marketing period for the subject proper~ based on Stats from MLS ADDITIONAL CERTIFICATION The Appraiser certifies and agrees that: (1) The analyses, opinions and conclusions were developed, and this report was prepared, in conformity with the Uniform Standards of Professional Appraisel Practice ("USPAP"), except that the Departure Provision of the USPAP does not apply. (2) Their compensation is not conUngent upon the reporting of predetermined value ar direction in value [hat favors the cause of the client, the amount of the value estimate, the attainment of a stipulated result, or the occurrence of a subsequent event. (3) This appraisal assignment w~.s nat based on a requested minimum valuation, a specific valuation, or the approval of a lean. ADDITIONAL (ENVIRONMENTAL) LIMITING CONDITIONS The value estimated is based on the assumption that the prcpe~ is not negatively affected by the existence of h~zardcus substances or dethmentai environmental conditions unless otherwise stated in this report. The appraiser is not an expert in the identification of hazardous substances or detrimental environmental conditions. The appraiser's routine inspection of and inquiries about the subiect property did not develop any information that indicated any apparent significant hazardous substances or detrimental environmental conditions which would affect the property negatively unless otherwise stated in this report. It is possibte that tests and inspections made by a qualified hazardous substance and environmental expert would reveat the existence of ~azardous substances or detrimental environmental conditions on or around the property that would negatively affect its value. ADDITIONAL COMMENTS ~ APPRAISER'S SIGNATU REj&'Cv~ENSE/CERTIFICATION A roi r i n r Appraiser s Name (pnnt) 'F,!.'~"'~'~rman GAA State Pa ~cense ~ Ce~fication ~ Ga-OOO149-L Date Prepared 9-29-2003 Phone # Tax lO # -- CO-SIGNING APPRAISER'S CERTIFICATION ~" The co-signing appraiser has oersonallv insnected the subject prope~, both inside and out, and has made an exterior inspection ct all comparable sales listed in the report. The report was prepared by the appraiser under direct supervision of the co-signing appraiser. The co-signing appraiser accepts responsibility tot the contents of the report including the value conclusions and the limiting conditions, and confirms that the certifications appty fully to the co-signing appraiser. ~_ The co-signing appraiser has not personally inspected the interior of the subject property and: ~ has not inspected the exterior of the subject property and all comparable sales listed in the report. F~; has inspected the exterior of [he subject property and all comparable sales listed in the report. ~ The report was prepared by the appraiser under direct supervision of the co-signing appraiser. The co-signing appraiser accepts responsibility for the contents of the report, including the value conclusions and the limiting conditions, and confirms that the cerotications apply fully to the co-signing appraiser with the exception of the cerbtication regarding physicat inspections. The above describes the level of inspection performed by the co-signing appraiser. ~ The co-signing appraiser's level of inspection, involvement in the appraisal process and certification are covered elsewhere in the addenda section of this appraisal. CO-SIGNING APPRAISER'S SIGNATURE & LICENSE/CERTIFICATION Co-Signing Appraiser's Signature Effective Date Dare Prepared Co-Signing Appraiser's Name (print) Phone # State , ~ Ucense ,,~_, Ce~ificafion # Tax iQ # Page 2 of 2 Form MPA3 --"TOTAL for Windows" appraisal software dy a la mode, inc.- 1-800-ALAMOOE IBo~ower/rClieJ'~t Estate of Marion Wilkens Proper Address 521 B West King Street {;it'/ Shippensburg Lender Estimate of Market Value Subject Photo Page County Franklin State Pa Zip C~le 17257 Subject Front 521 B West King Street Sales Price GLA 782 Total Rooms 4 Total Bedrms 2 Total Bathrms 1 Location Average View Average Site tyt3icat Ouai~ Brk al/avg Age 20 Subject Rear Subject Street Form PIC4x6.SR -- "TOTAL for Windows" al~prmsaJ sol. re by a la mode. inc. -- 1-800-ALAMOOE IBarrawer/Client Estate of Marion Wilkens Properb/Address 521 B West King Street Cib/ Shippensburg Lender Estimate of Market Value Comparable Photo Page Count~ Franklin State Pa Zip Code 17257 Comparable 1 521 West King St #E Proximity same block Sale Pnce 67.000 GLA 1,140 Total Roams 4 Total Bedrms 2 Total ~a~rms 1 5 Location Average View Average Site tyoical Quality Br~ allavg ,~ge 20 Comparable 2 521 West King St # D Proximity same block Sale Price 65,000 GLA 1,140 Total Rooms 4 ToW Bedrms 2 Total Bat~rms1.5 Location Average View Average Site typical QuaJity Brk al/avg Age 20 Comparable 3 4 Larch Dr ProxJmrt¥ 1 mile Sale Pnce 83,000 GLA 1200 Total Rooms 6 Total Bedrms 3 Total Ba~rms 1.5 Location Average View Average Site tyl3ica[ Qaalit7 Brk al/avg Age 8 Form PIC4x6.CR -- "TOTAL for Windows" aOgrsisat software by a la mode. inc. -- 1.800-ALAMODE DEFINITION OF MARKET VALUE: The most drobable price w~ich a prope~ shcutd bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the pdce is not affected by undue stimulus Implicit in triis definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby: (1) buyer and seller are typically motivated; (2} both parties are well informed or well advised, and each acting in what he considers his own best interest: (3) a reasonable time is allowed for exposure in the open market; (4) payment is made in terms of caslq in U S. dollars or in terms of financial arrangements comparable thereto; and (5) the price represents the normal consideration for the properly sold unaffected dy special ar creative financing or sales concessions' granted by anyone associated with the sale. *Adjustments to the comparab~es must be made for special or creative financing or sales concessions. No adjustments are necessary for those costs which are normally paid dy sellers as a result of tradition or law in a marxet area; these costs are readily identifiable since the seller pays these costs in virtually all sales transactions. Special or creative financing adjustments can be made to the comparaPle properb' by comparisons to financing terms offered by a third part,/ institutional lender that is not already involved in the proper~ or transaction. Any adjustment should not be calculated on a mechanical dollar for dollar COSt of the financing or concession but the dollar amount of any adjustment should approximate [he market's reacbon to the financing or concessions based on the appraiser's judgement. STATEMENT OF LIMITING CONDITIONS AND APPRAISER'S CERTIFICATION CONTINGENT AND LIMITING CONDITIONS: The appraiser's certification that appears in the appraisal report is subject to the following c0nditinns: 1. The appraiser will not be responsible for matters of a legal nature that affect either the proper~ ~eing appraised or the title to it. The appraiser assumes that the title is good and marketable and, therefore, will not render any opinions about the title. The proper~ is appraised on the basis of it being under responsible ownership, 2. The apbraiser has provided a sketch in the appraisal report to show approximate dimensions of the improvements and the sketch is included only to assist the reader of the report in visualizing the property and understanding the appraiser's determination of its size. 3. The appraiser has examined the available flood maps thai are provided by the Federal Emergency Management Agency (or uther data sources) and has noted in the appraisal report whether the subject site is located in an identified Special Flood Hazard Area, Because the appraiser is not a surveyor, he or she makes no guarantees, express or implied, regarding this determinaUon. 4. The appraiser w!ll not give testimony or appear in court because he or she made an appraisal of the property in quesbon, unless specific arrangements to do so have been made beforehand. 5. The appraiser has estimated the value of the land in the cost approach at its highest and best use and the improvements at their contributory value. These separate valuations of the land and improvements must not be used in conjunction with any other appraisal and are invalid if they are so used. 6, The appraiser has noted in the appraisal report any adverse conditions (such as, needed repairs, depreciation, the presence of hazardous wastes, toxic substances, etc.) observed during the inspection of the subject proper~ or that he or she became aware of dudng the normal research involved in performing the appraisal. Unless othe~ise stated in the appraisal report, the appraiser has no ~¢owledge of any r~idden or unapparent conditions of the prope~ or adverse environmental conditions (including the presence of hazardous wastes, toxic substances, etc.) that would make the prope~ more or less valuable, and has assumed that there are no such conditions and makes no guarantees or warranties, express or implied, regarding the condition of the property. The appraiser will not be responsible for any such conditions that do exist or for any engineering or testing that might be required to discover whether such condiUons exist. Because the apdraiser is not an expert in the field of environmental hazards, the appraisal report must not be considered as an environmental assessment of the property. 7. The appraiser obtained the information, estimates, and opinions that were expressed in the appraisal report from sources that he or she considers to be reliable and believes them to be true and correct. The appraiser does not assume responsibility for the accuracy of such items that were furnished by other parties. 8. The appraiser will not disclose the contents of the appraisal report except as provided for in the Uniform Standards of Professional Appraisal Practice. 9. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to satisfactory completion, repairs, or alterations on the assumption that completion of the improvements will be performed in a workmanlike manner. 10. The appraiser must provide his or her pdor written consent before the tender/client specified in the appraisal report can distribute the appraisal report (including conclusions about the prope~ value, the appraiser's identity and professional designations, and references to any professional appraisal organizations or the firm with which the appraiser is associated) to anyone other than the borrower: the mortgagee or its successors and assigns; the mortgage fnsurer; consultants; professional appraisal organizations; any state or federally approved financial institution; or any department, agency, or instrumentality of the United States or any state or the District of Columbia; except that the lender,'client may distribute the proper12./ description section of the repor~ only to data collection or reporting service(s) without having to obtain the appraiser's prior wntten consent. The appraiser's written consent and approval must also be obtained before the appraisal can de conveyed by anyone to the public through advertising, pudlic relations, news, sales, or other media. Freddie Mac Form 439 6-93 Page t pt 2 Ausherman Bros. Real Estate Inc. Form ACR -- "TOTAL for Windows" appraisal software by a !a mode, inc. -- 1-800-ALAMOOE Fannie Mae Form 10048 6-93 APPRAISER'S CERTIFICATION: The Appraiser certifies anb agrees that: t. [ have researched the suPject market area and have selected a minimum ol three recent sales of properties most similar and proximate to the subject propem/ for consideration in the sales comparison analysis and have made a dollar aCius:merit when appropriate to redect Ne market reaction to those items of significant variation. If a significant item in a comparable property is superior to, or more favorable than, the subiect prope~, I have made a negative adjustment to reduce the adiusted sales price of the comparable and, if a significant item in a comparable prope~ is inferior to, or iess favoradle than the subject prope~, I have made a positive adiustment to increase the adjusted sates price of the comparaPre. 2. I have taken into consideration the factors that have an impact on value in my development of the estimate of market value in the appraisal report. I have not knowingly witr~neld any significant information from the appraisal repor~ and I believe, to the best of my know/edge, that alt statements and information ia the appraisal report are true and correct. 3. I stated in the appraisal report only my own personal, unbiased, and professional analysis, opinions, and conclusions, which are subject only to the contingent and limiting conditions speciried in this form. 4. I have no present or prospective interest in the property that is the subject to this report, and I have no present or prospective perscnat interest or bias with respect to the. participants in the transaction. I did not base, either partially or oompletety, my analysis and/or the estimate of market value in the appraisal report on the race, color, religion, sex, handicap, familial status, or national origin of either the prospective owners or occupants of the suPject property or of the present owners or occupants of the properties in the vicinity of the subject property. 5. I have no present ar contemplated future interest in the subject property, and neither my current or future employment nar my compensation for performing this appraisal is contingent on the appraised value af the property. 6. I was not required to report a predetermined value or direction in value that favors the cause of the client or any related party, the amount of the value estimate, the attainment of a specific result, or the occurrence of a subsequent event in order to receive my compensation and/or employment for performing the appraisal. 1 did not Pose the appraisal report on a requested minimum valuation, a specific valuation, or the need to approve a specific mortgage loan. 7. I performed this appraisal in conformity with the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place as of the effective date of this appraisal, with the exception of the departure provision of those Standards, which does not apply. I acknowledge that an estimate of a reasonable time for exposure in the open market is a condition in the definition of market value and the estimate I developed is consistent with the marketing time noted in the neighbori~ood section of this report, unless I have otherwise stated in the reconciliation section. 8. I have personally inspected the intoner and exterior areas of the subject property and the exterior of all properties listed as comparables in the appraisal report. I further certify that I have noted any apparent or Mown adverse conditions in the subject improvements, on the subject site, cr on any site within the immediate vicinity of the subject property of which I am aware anP have made adjustments for these adverse conditions in my analysis of the property value to the extent that I had market evidence to support them. I have also commented about the effect of the adverse conditions on the marketability of the subject property. 9. I personally prepared all conclusions and opinions about the real estate that were set forth in the appraisal report. If t relied on significant professional assistance from any individual or individuals in the performance of the appraisal or the preparation of the appraisal report, I have named such individual(s) and disclosed the specific tasks performed by them in the reconciliation section of this appraisal report, I certify that any individual so named is qualified to perform the tasks. I have not authorized anyone to make a change to any item in the report; therefore, if an unauthorized change is made to the appraisal report, I will take no responsibility for it. SUPERVISORY APPRAISER'S CERTIFICATION: If a supervisory appraiser signed the appraisal report, he or she certifies and agrees that: I direcUy supervise the appraiser who prepared the appraisal report, have reviewed the appraisal report, agree with the statements and conclusions of the appraiser, agree to be bound by the appraiser's certifications numbered 4 through 7 above, and am taking fult responsibility for the appraisal and the appraisal report. ADDRESS OF PROPE/~//~.,~ ~RAISED: or State License ¢: S~a[e: Pa Expiration 0ate of Certification or License: 6/30/2005 521 B West Kin.q Street, Shippensbur.q, Pa 17257 SUPERVISORY APPRAISER (only if required): Signature: Name: Date Signed: State Certification or State License #: State: Expiration Date of Certification or License: --~: 0id i~ Did Not inspect Property Freddie Mac Form 439 6-93 Page 2 of 2 Form ACR -- "TOTAL for Windows" appraisal software by a ia mode, inc. -- 1-800-ALAMOOE Fannie Mae Form 10048 6-93 October 14, 2003 Mr. Hamilton C. Davis Law Offices of Zullinger-Davis Suite 6 20 East Burd Street P.O. Box. 40 Shippensburg, PA 17257 ompu ershare Computershare Investor Services, LLC 2 North LaSalle Street Chicago Illinois 60602 Corporate Office 3125884992 Shareholder Inquiries 3125884990 www.computershare.com Investor Services USA Australia Canada Channel Islands Germany Hong Kong Ireland New Zealand South Africa United Kingdom Dear Mr. Davis: RE: Company Name: Account Number: Registration: PNC FINANCIAL SERVICE GROUP (THE) PNC-C000092584.5 MARION R WILKENS In accordance with your inquiry, I am enclosing a transcript of the holdings for the above referenced account. The enclosed printout of the certificate screen reflects the certificate number, date of issue and the number of shares held in certificated form and the balance in the Dividend Reinvestment Plan. The current balance in this Dividend Reinvestment Plan account is 135.462298 shares. With the provided information date of death value should be able to be determined. As the transfer agent, Computershare does not maintain stock prices or historical values. If you wish to research the value of these shares, you may ask your stockbroker for assistance, or you may visit your iocal iibrary and resuarcil the price in back issues of newspapers such as The Wali Sb eel. Journa;, for that particular day. You may also access the archives of financial websites online. If you have any further questions', please contact us by phone at 800-982-7652, or write us at ComputerShare, Shareholder Communications, 2 North LaSalle Street, Chicago, IL 60602. If you wish, you may contact us directly on the website at www.computershare.com/contactUS Sincerely, Andrae Whitehead Customer Service Representative Enclosure Screen dump for user: Andrae Whitehead Da~e: Tuesday, 28~h October 2003 9:16:46 COMPUTERSHARE INVESTOR SERVICES(CHICAGO) Run/Sess/Date: 239/0000/10-28-2003 PNC FINANCIAL SERVICES GROUP INC/PNC * SCRIP Enquiry - CERTIFICATES ............................................................ Page: 1 HID: C0000925845 Type: IND TIN: 162-26-5966 Key: WILKENS MARIONR N&A: MARION R WILKENS t 618 GLEN ST I SHIPPENSBURG PA Post: 17257-2130 -Reg-Certificate---Issued ......... Balance ........ Flg-Ind---Legend Desc ................... Expiry C01/Common Stock CUS 00277551CPT 10/08/96 24.000000 SP1/Drip-common Stock PSP Book Bal 10/10/96 129.045600 PUD 20030124-D01 01/24/03 1.650601 PUD 20030424-D01 04/24/03 1.674371 PUD 20030724-D01 07/24/03 1.539534 PUD 20031024-D01 10/24/03 1.552192 *** Class Total *** 135.462298 Action ..... : Locate .... : <Esc> for valid actions; Action HELP available Form: ENS01012 Slot: 4307 PID: 23203A46 Node: USAPR4 Date: 28Oct2003 9:16 Current-Income Bonds Report Series HH and H Bonds Bonds: Print Date: 11/11/2003 File Pricing Date: 08/2003 Issue Interest Next Interest Final M~turi----t-y No. Series Denom Serial Number Date Price [Deferred] Value Rate Yield Date Date Note 1 HH $1,000 M5766354HH 09/1985 $1,000.00 [$703.74] $1,000.00 4.00% 09~2~03 09/;'005 2 HH 1,000 M5766356HH 09/1985 1,000.00 [703.74] 1,000.00 4.00% 09/2003 0,0/2005 3 HH 1,000 M5766355HH 09/1985 1,000.00 [703.74] 1,000.00 4.00% 09/2003 09~005 -- 4 HH 1,000 M5766354HH 09/1985 1,000.00 [7.03.74] 1,000.00 4.00% 09/2003 09/2005 ' 5 HH 1,000 M57§6353HH 09/1985 1,000.00 [703.74] 1,000.00 4.00% 09/2003 09/2005 6 HH 1,000 M5766362HH 09/1985 1,000.00 [703.74] 1,000.00 4.00% 09/2003 09/2005 7 HH 1,000 M5766361HH 09/1985 1,000.00 [703.74] 1,000.00 4.00% 09/2003 09/2005 8 HH 1,000 M5766360HH 09/1985 1,000.00 [703.84] 1,000.00 4.00% 09/2003 09/2005 9 HH 1,000 M5766359HH 09/1985 1,000.00 [703.74] 1,000.00 4.00% 09~2003 09/2005 10 HH 1,000 M5766358HH 09/1985 1,000.00 [703.74] 1,000.00 4.00% 09~2003 09~2005 Inventory Totals: BondsJ lO | $7,037.50] $10,000.00 $10,000.00 · Cl - bond was Cashed Ir~ · EX- bond was EXchanged for an HH bond · ME- bond is Matured and Exchangeable for an HH bond · MN - bond is Matured and Not exchangeable for an HH bond · NE - bond is Not yet Eligible for payment · NI - bond has Not yet been Issued · P5 - bond is a Series I or EE, was issued in or after May 1997 and includes a 3-month-interest Penalty until the bond is 5 years old · * bond is a Series I or EE, was issued in or after January 1990 and may be tax exempt if used for post-secondary education · () bond was Cashed In or EXchanged for an HH bond, but is being priced on a date prior to the cashed or exchanged date C:\Documents and Settings~dministrator\My Documents\Marion Wilkens Estate.sbw Page 1 of 1 09 ?~85 _. 05766362 seams HH 16~-Z6--5966 618 GLE~ ST SHEPPENSBURG~ PA 17257 : " 05766361 05766.]60 . . 162-26-5966 MARION R WILKEN$_ S~IPPENSaUR~ PA ........ 05766~59 I~5"1 b b 3 S~qHH PAYABLE ONLY AT FEDERAL RESERVE BANKS REQUEST FOR PAYMENT SSN CERTIFICATION I certify that the request for payment was signed :n my presence on this day ~3y the aDore-named ~erson whose identity was estabiished according to Treasury ~uiqelmes aS follows: 'Documentary or Account Ide~taf{caticn (Name, Ax:ldress, Signature) TERMS AND CONDITIONS 162-26-5966 09 ~, HARION R WILKENs . . ' :"':~*{~" SHtPPENSgURGt PA 17257 ' '-" 05766356 · .._~ ;~ :~./~j- :...- ....... o ?o~.?~~ooo~s~,,~ =~,.~.i~ ~59bb35bHH :"~- - ~-' .:~ 061~096096098 ~ ~ . 162-26-5966 .-:~L _~ SH~PP~SaU~G. '~R I 0576635S /459bB355HH. PAYABLE ONLY AT FEDERAL RESERVE BANKS REQUEST FOR PAYMENT SSN CERTIFICATION I certify that the ,equest for payment was signed in my presence On this day Dy Ihe a~ove-named person whose identity was established according to Treasury guideiines as fo[JOWS; 'Documentary or Account Identification (Name, Aadress, Signature) PAYMENT INFORMATION TERMS AND CONDITIONS THE~J'I~~ROUP., LAW OFFICES OF ZULLINGER-DAVIS ATTN HAMILTON C DAVIS PO BOX 40 SHIPPENSBURG, PA 17257 March 27, 2004 Windsor Fund Investor 09898878539 ESTATE OF MARION R WILKENS Dear Mr. Davis: We are responding to your telephone call notifying us of the death of Marion R. Wilkens, and requesting a valuation of the above-referenced account. First, please accept our condolences for your loss. As of August 28, 2003, the number of shares, the price per share, the value df the fund, and the accrued dividends (if applicable) were as follows: Fund Shares Price Value Accrued Dividends Windsor Fund Investor 13,389.821 $14.16 $189,599.87 $0.00 If you have any questions or need further assistance, please contact a member of our Transition Specialist Team at 1-888-237-9045. We are available Monday through Friday from 8 a.m. to 8 p.m. Eastern time. Sincerely, Client Services Department srp 50386846 Post (Df'rice Bo.-.: 26o0, ~,Za]ley Forge, Pennsylvania r9482-26oo (6~o) 669~xooo · www. vang~uard.com MaTBank 499 Mitchell Road, Millsboro, DE 19966 Mail Code DE-MB-12 Zullinger-Davis Attorneys At Law 14 North Main Street Suite 200 Chambersburg, PA 17201 Phone (302) 934-2774 F ax (302) 934-2955 November 6, 2003 Re: Estate of Marion R. Wilkens Social Security: 162-26-5966 Date of Death: August 28, 2003 Dear Sir or Madam: Per your inquiry dated October 16, 2003, please be advised that at the time of death, the above-named decedent had on deposit with this bank the following: Type of Account Account Number Ownership (Names Opening Date Balance on Date of Death Home Equity Loan 103470270001 Henry T Wilkens Marion Renz Wilkens 05/20/1987 $1.421.02 Type of Account Account Number Ownership (Names oJ) Opening Date Balance on Date of Death Accrued Interest Total Checking Account 23493836 Marion Renz Wilkens Roberta R Vi Kissinger Henry Theodore Wilkens JR, POA 09/28/85 $13,057.48 $ .oo $13,057.48 Type of Account Account Number Ownership (Names o99 Opening Date Balance on Date of Death Accrued Interest Total Checking Account 36910201 Marion Renz Wilkens Henry Theodore Wilkens Jr, POA 11/24/97 $1,941.02 $ .00 ................................................................................. Type of Account Account Number Ownership (Names oJ) Opening Date Balance on Date of Death Accrued Interest Total Checking Account 97579416 Henry T Wilkens Marion R Wilkens Ted Wilkens Henry Theodore Wilkens Jr, ]~OA 01/28/1980 $1,054.46 $ .00 For further account information, closures and/or reimbursement of funds please call the Walnut Bottom Office at # 717-532-2414. Sincerely, Nancy Clagett Records Management (302) 934-2774 PSEC the financial link~. October 21, 2003 Account # 0162265966 OCT 2 2 2003 HAMILTON C DAVIS 20 EAST BURD ST SUITE 6 PO BOX 40 SHIPPENSBURG, PA 17257 Dear MR DAVIS: The following is the status of MARION R WILKEN's account with PSECU as of the date of death. Joint Owner's Name NONE Date Established 03.11.1996 Date of Death 08.28.2003 Date of Birth 03.15.1932 Share(s) Balance Accrued Dividend Regular Shares (S1) $3,481.75 $1.93 The dividend earned from January 1, 2003 through the date of death was $21.36. The decedent had no loans with us. We do not have safe deposit boxes for our members..If you have any questions, please call 234-8484 in Harrisburg or our toll-free number, (800) 237-7328. At the menu prompt, enter 6 and then extension 2227. Sincerely, Me~/cie FaRfax Member Service Representative Finance Support Unit PENNSYLVANIA STATE EMPLOYEES CREDIT UNION Main Address: 1 Credit Union Place, Harrisburg, PA 17110-2990 · (717) 234-8484 · (800) 237-7328 Mailing Address: P.O. Box 67013, Harrisburg, PA 17 t06-7013 · (717) 777-2100 (TDD) · (800) 472-1967 (TDD) Web Address: www. psecu.com Savings federally insured up to $100,000 by the National Credit Union Administration. BOSTON FI3~A.~EIAL DATA SERVICES' NOV 1 2 P.O. Box 219733 Kansas City, MO 64121-9733 2003 October 28, 2003 LAW OFFICES OF ZULLINGER-DAVIS ATTN HAMILTON C DAVIS 20 EAST BURD ST STE 6 SHIPPENSBURG PA 17257 REFERENCE: 11333779 THE ENTERPRISE GROUP OF FUNDS ACCOUNT NUMBER 08492790510-7 MARION R WILKENS Dear Sir or Madam: Thank you for the recent correspondence. Please be advised the account balance as of August 28, 2003 was $10,298.11. If you have any further questions, please feel free to co~tact our office at 1-800-368-3527. You may also. contact us at the following address:. The Enterprise Group of Funds C/O BFDS P.O. Box 219731 Kansas City, MO 64121-9731 We trust that this information will prove helpful, and look forward to being of service to you in the future. Sincerely, Cory Wright Mutual Fund Representative amj Making Service Excellence A Reality NFl01 ) Services, including ~:rc]'mndis~ ....... I.B) Cash Advanced We hove .sdvanced thc £ollowing f,,nds for our convert e ~:e ..... ordc,:d lalcr ...... I)atc No. Funcml of September 4, 2003 Marion R. Wilkens 'lb Major Ted Wilkens 3130 D Radiere Loop West Point, NY 10996 Personal, Slaff and Pro£cssioJ;d Funeral Home Facilities a~d Equipment Automobile ~quipme~ Caskcl Intc~cnl Rc~ep~cle ~on~en~ $3,800.00 $2,350.00 $1,000.00 100.00 Opening Grave lis Newspaper Notice $ Clergy Ho~orari%mm $ Certified copies $ Flowers $ Organist Honorarium $ Bagpiper $ lbtal'A' 600;00 271.05 100.00 50.00 143.10 100.00 175.00 Total 'B' October 5, 2003 Yotal 'C' Complcle *lOlal Amount Paid Balance S70250.00 $1 ,439.15 $8,689.15 $8,689,15 -0- F=\W'P51\~ILLS\PAWX~R[\~ILKENM.WLL 2/12/96 11:34am Mon LAST WILL AND TESTAMENT I, MARION R. WILKENS of Shippensburg Borough, Cumberland County, Pennsylvania, declare this to be my Last Will and Testament and revoke any Will or Codicil previously made by me. ITEM I: I direct that all my just debts (except as may be barred by a Statute of Limitations) and my funeral expenses (including my gravemarker and expenses of my last illness)' shall be paid from my residuary estate as soon as practicable after my decease- as 'a-part'of the- administratibn ITEM II: I give and bequeath all my tangible personal property, including but not limited to, any and all automobiles and other motor vehicles, household goods and furniture and furnishings, china, silverware, jewelry, ornaments, works of art, books, pictures, wearing apparel and personal effects, but excluding cash on hand and tangible evidences of intangible personal property to my children, ROBERTA R. W. KISSINGER and HENRY T. WILKENS, JR., in as nearly equal shares as is practicable. ITEM III: I devise and bequeath the residue of my estate of every nature and wherever situate in equal shares to such of my children, ROBERTA R. W. KISSINGER and HENRY T. WILKENS, JR., as shall survive me by thirty (30) days. · ITEM IV: Should any of my children, ROBERTA R. W. KISSINGER and HENRY T. WILKENS, JR., predecease me or die on or before the thirtieth day following my death but leaving descendants who so survive me, such descendants shall receive, per stirpes, the share that such predeceased child would have received had he or she so survived me. ITEM V: If any property passes outright (either under this Will or otherwise) to a minor (which shall be defined as anyone under twenty-one (21) years of age) and with respect to which I am authorized to appoint a guardian and have not otherwise specifically done so, I decline to appoint a guardian bUt instead authorize my Executor to distribute such property to a Custodian as Custodian for the minor under the Pennsylvania Uniform Transfers to Minors Act. Provided, however, that this appointment shall not supersede the right of any fiduciary to distribute a share where possible to the minor or to another for the'minor's benefit. ITEM VI: I direct that all taxes that may be assessed in consequence of my death, of whatever nature and by whatever jurisdiction imposed, shall be paid from my residuary estate as part of the expenses of the administration of my. estate. ITEM VII: I appoint ROBERTA R.W. KISSINGER and HENRY T. WILKENS~ JR., Co-Executors of this my Last Will. Should both of my said Co-Executors fail to qualify or cease to act as Executors, I appoint my cousin and her husband, CHRISTINE M. MORRELL and WAYNE MORRELL, substitute Co-Executor of this my Last Will. ITEM VIII: My individual fiduciary shall be entitled to reasonable compensation for his or her services rendered from time Z to time and/or to reimbursement of out of pocket expenses. IN WITNESS WHEREOF, I hereunto set my hand and seal to this my Last Will and Testament, written on four (4) Sheets of paper, dated this I day of ~ ?~-, ~ , 1996. I~M~ION R. WILKENS The preceding instrument, consisting of this and three (3) other typewritten pages, each identified by the signature or .............. i~itia~s_9~_the_T~statr~x,_wa~.on~the..day___~nd~date__thereof_signed, ....... published and declared by the Testatrix therein named, as and for her Last Will, in the presence of us, who, at her reqUest, in her presence, and in the presence of each other have subscribed our names as witnesses hereto. residing at COMMONWEALTH OF PENNSYLVANIA : COUNTY OF CUMBERLAND : I, MARION R. WILKENS, the Testatrix whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my Last Will; and that I signed it willingly and as my free and voluntary act for the purposes therein expressed. M~ION R. WILKENS Sworn to or affirmed and a~knowledged before me by ~,~ ~. ~~$ , the Testatrix~_this ~?~ day_of , 1996. COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND We, ~/%~1~ c. ~/%~,'~ and 'T~A ~. ~,~¢~-~$ , the witness whose names are signed to the attached or foregoing instrument, being duly ~alified according to law, do depose and say that we were present and saw the Testatrix sign and execute the instrument as her Last Will; that the Testatrix signed willingly and executed it as her free and voluntary act for the purposes therein e~ressed; that each subscribing witness in the hearing and sight of the Testatrix signed the Will as a witness; and that to the best of our knowledge the Testatrix was at that time eighteen (18) or more years of age and of sound mind and under no constraint or undue influence. Sworn to or affimed and subscribed to before me by (~~ c. ~ and ' ~,~ ~. ~a~ ~ , witnesses, this ~Y~ day of ~~ , 1996. ~ ; N6tary Publ I, 73, of nesses, including the former Drive, Northern Homes, Chambers- [ Sunday, 8 a.m. in )rial Hos- t930, in 3n of the ~d Daisy l been with his ;hall. for by two , Cham- erly y. v York; Guyer, Guyer, }regory 71orida; Truett, ~hirley rsburg; i three Drotes- of the y Yea- )udon; mells- Byers nbers- )ague, mrles 1599, dso a ',agles dnte- rican aells- )rked busi- burg. An avid baseball fan, Mr. Guyer also played for and man- aged the former Chambersburg Cubs Baseball Team. He also played lead gu/tar and sang vocals for The Majesties. Funeral services will be held Thursday, Sept. 4, in the chapel of the Thomas L. Geisel Funer- al Home, 333 Failing Spring Road, Chambersburg, at 10 a.m., with the Rev. Paul B. Baker officiating. Interment will be in the Grindston Hill Cemetery, Chambersburg. Friends may call the funeral home Wednesday, Sept. 3, from 6-8 p.m. and Thursday, Sept. 4, from 9-10 a.m. In lieu of flowers, memorial contributions may be sent to American Legion Post 561,411 North Fourth Street, McConnellsburg, Pa. 17233, or Fulton Overseas Veterans Association, VFW Post 655, 524 East . Poplar Street, McConneIlsburg, Pa. 17233. Arrangements are under the direction of the Thomas L. Geisel Funeral Home, Inc., 333 Falling Spring Road, Cham- bersburg. Huge Savings Now Until September 13th ....... ~ r oge/sanger- ........ ~lcat tlricker Funeral Home, Inc., ooc~ety and the Palatines of 112 West K/ng Street, Ship- America. pens burg. Marion R. Wilkens Shlppensburg Marion R. Wilkens, 71,618 Glenn Street, Shippensburg, died Thursday, Aug. 28, 2003, at l p.m. in the Shippensburg Health Care Center. Born March 15, 1932, in Philadelphia, she was a daughter of the late Robert and Emily (Hepperle) Renz. She was united in marriage to Dr. Henry T. Wilkens Sr., who preceded her in death Dec. 23, 1995. Mrs. Wilkens is also sur- vived by one son, Major. Ted Wilkens, Un/ted States Air Force, West Point, New York; one daughter, Roberta R.W. Kissinger, Exton; and two grandchildren, Sandy E. Wilkens, West Point, New York; and A.J. Kissinger, Exton. Mrs. Wilkens attended the Memorial Lutheran Church. She was a member of the Junior Civic Club and the Shippensburg University Fac- ulty Wives Club. She was a former voluntee'r and troop leader for the Girl Scouts. She had retired from the Shippensburg Area School District, where she worked as the adrrdnistrative secretary to the principal of the dame~- Burd Elementary School for over 15 years. Funeral services were held Monday, Sept. 1, 2003, at 1 p.m. in the Memorial Luther- an Church, Shippimsburg, with the Rev. Dr. Robert Sci- bold officiating. Interment will be in the Spring Hill Cemetery. There will be no viewing or visitation. In lieu of flowers, memorial contributions may be sent to the Dr. Henry T. Wilkens Scholarship Fund, c/o Ship- pensburg University Founda- ti~)n, ShippenslJurg, Pa. 17257, or Memorial Lutheran Church, 34 East Orange Street, Shippensburg, Pa. 17257. Arrangements are .under the direction of the Fogel- sanger-Bricker Funeral Home, Inc., 112 West King Street, Shippensburg. Sav $50 To $400 Dollars ShuI1-Koon Memorials 130 Fzst Queen St. Chambcrs[mrgbg Pa. Phone 264.-6916 Mon., Tues., Thurs., Fri. (0-5; Wed. 9-2 Silt..9-12 ..~,ona~ Association ofl~e Federal Employees No. Franklin County Farm Wc Group No. 7, Franklin Co- Public School Retirees Ass, tion, Pennsylvania Pt School Retirees Associat Franklin County Nur~ Home Auxiliary, Chambers~ Business Womens Associat Kittochtinny Historical Soc and the Piney Mountain H( Auxiliary. Sh~, was also a m~ bet and former treasurer the Women's Democratic Ct Joshua would like to tha have supported.t thoughts, prayers, of kindness, difficult time: THE LATRO[ PUBLIS {USP Publ, THE NEWS-( THE. VALLE~ In County Circulation (717) 532-41( _Zones SCI 3 months $10.70 6 months $19.75 1 year $36.40 $14.00 $26.00 $47.80 POSTMASTE R - sen P.0. B Shippensburg, ! THE B EIS TLE COMPANY Founded ill Pittsburgh, PA- 19OO WHEI~E A CENTURY OF QUALITY BEGAN... 1900 COMMONWEALTH OF PENNSYLVANIA DEPARTMENTOFREVENUE BUREAU OPINOIVIDUAL TAXES DEPT 280601 HARRISBURG, PA 17128-0601 RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT REV-1162 EX(11 96) NO. CD 004649 DAVIS HAMILTON C P O BOX 040 SHIPPENSBURG, PA 17257-0040 ........ lold ESTATE INFORMATION: SSN: 162-26-5966 FILE NUMBER: 2103-071 9 DECEDENT NAME: WlLKENS MARION R DATE OF PAYMENT: 11 / 18/2004 POSTMARK DATE: 11 /18/2004 COUNTY: CUMBERLAND DATE OF DEATH: 08/28/2003 ACN ASSESSMENT CONTROL NUMBER AMOUNT 101 $34.81 TOTAL AMOUNT PAID: ~34.81 REMARKS: SEAL CHECK# 16825 INITIALS: JA RECEIVED BY: GLENDA FARNER STRASBAUGH REGISTER OF WILLS REGISTER OF WILLS BUREAU OF INDIVIDUAL TAXES TNHERITAHCE TAX DTyTSTOH DEPT. Z80601 HARRTSBURG, PA 171Z8-0601 CONNONHEALTH OF PENNSYLVANIA DEPARTNENT OF REVENUE NOTICE OF INHERITANCE TAX APPRAISENENT, ALLOHANCE OR DZSALLOHANCE OF DEDUCTIONS AND ASSESSNENT OF TAX REV-15117 EX AFP C01-03) HAHILTON C DAVIS ZULLINGER DAVIS PO BOX ~0 SHIPPENSBURG CUT ALONG THIS LINE PA 17257 DATE 07-26-200~ ESTATE OF NILKENS DATE OF DEATH 08-28-2005 FILE NUNBER 21 05-0719 COUNTY CUHBERLAND ACN 101 I Amount Rem].tted MARION HAKE CHECK PAYABLE AND REHZT PAYNENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17015 RETAIN LO#ER PORTION FOR YOUR RECORDS ~ DZSALLO#ANCE OF DEDUCTIONS AND ASSESSNENT OF TAX ESTATE OF HILKENS HARION R FILE NO. 21 03-0719 ACN 101 DATE 07-26-200~ TAX RETURN HAS: (X) ACCEPTED AS FILED ( ) CHANGED RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Esta*e (Schedula A) (1) 2. Stocks and Bonds (Schedule B) (2) $. Closely Held Stock/Partnersh/p Interest (Schedule C) ($) q. Hortgages/Notes Receivable (Schedule D) (~) 5. Cash/Bank Daposits/Nisc. Personal Property (Schedule E) (5) 6. Jointly Owned Proparty (Schedule F) (6) 7. Transfers (Schedule G) (7) 8. Total Assets APPROVED DEDUCTIONS AND EXEHPTZONS: 9. Funeral Expenses/Adm. Costs/Hisc. Expanses (Schedule H) (9) 10. Debts/Hot,gage Liabilities/Liens (Schadulm I) (10) 11. To~al Deductions 198/000.00 205/998.32 .00 .00 116/c~7.11 7/055.97 17 ~9~0 .~8 21 .23 13~982.57~--- ~:'~ : (l/r;- 12. 13. NOTE: ASSESSHENT OF TAX: 15. Aeount of Line 1~ at Spousal rate 16. Amount of Line 1~ taxable a* Lineal/Class A rate 17. Aeount of Line 1~ at Sibling rata 18. Aeount of Lin~ 1~ taxable at Collatmra1/Class B rata 19. Principal Tax Due TAX CREDITS: PAYHENT RECE/PT DISCOUNT DATE NUHBER INTEREST/PEN PAID (-) 11-26-2003 CD003293 1,112.68 05-27-200~ CD003989 .00 NOTE: To insure proper credit *o your account, submit fha upper portion of this form with your tax payment. 515,~1.88 Ne'l; Value of Tax Return ~!. (1;~) ;:::::~509,721.08 Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule ~ ~''''' (1~.~ ~;, ~;:~ . O0 Ne{ Value of Es~a{e Subject ~o Tax ;,~ (1~ ,721 08 ~f an assessment ~as ~ssued previously, ~nes ~, reflect f~gures that ~nc~ude the tota~ of ALL re~urns assessed ~ da~e. (1S) .00 X 00 = .00 (16) 509,721.08 x 0~5= Z2,937.~5 (17) .00 x 12 = .00 (lB) .00 x 15 = .00 (19)= ZZ,937.~5 ANOUNT PAIO INTEREST IS CHARGED THROUGH 08-10-200~ AT THE RATES APPLICABLE AS OUTLINED ON THE REVERSE SIDE OF THIS FORM 21,1~0.90 6~9.68 TOTAL TAX CREDIT I 22,903.26 BALANCE OF TAX DUEl 3~.19 INTEREST AND PEN. .Z8 TOTAL DUE 3~. ~7 IF PAID AFTER DATE INDICATED, SEE REVERSE ( IF TOTAL DUE IS LESS THAN $1, NO PAYNENT IS REQUIRED. FOR CALCULATTON OF ADDITIONAL INTEREST. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU HAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORN FOR INSTRUCTIONS.) RESERVATION: Estates of decadents dying on or before December 1Z, 1aDZ -- if any futura interest in the estate is transferred in possession or enjoyment to Class B (collateral) beneficiaries of the decedent after the expiration of any estate for life or for years, the Coemoneaalth hereby expressly reserves the right to appraise and assess transfer Inheritance Taxes at the lawful Class B (collateral) rate on any such future interest. PURPOSE OF HOT[CE: PAYMENT: REFUND (CR): OBJECTIONS: ADMIN- ISTRATIVE CORRECTIDNS: DISCOUNT: PENALTY: INTEREST: To Tulfill the requirements of Section ZlqO of the Inheritance and Estate Tax Act, Act Z3 of ZOO0. (7Z P.S. Section 91qO). Detach the top portion of this Notice and submit with your payment to the Register of Hills printed on the reverse side. --Make check or money order payable to: REGISTER OF N/LES, AGENT A refund of a tax credit, which was not requested on the Tax Return, may be requested by completing an "Application far Refund of Pennsylvania Inheritance and Estate Tax" (REV-1315). Applications are available at the Office of the Register of Nills, any of the Z3 Revenue District Offices, or by calling the special Zq-hour answering service for forms ordering: l-SO0-36Z-ZOSO; services for taxpayers eith special hearing and / ar speaking needs: 1-800-qqT-3OZO (TT only). Any party in interest not satisfied with the appraisement, allowance, or disallowance of deductions, or assessment of tax (including discount or interest) as shown on this Notice must object within sixty (60) days of receipt of this Notice by: --aritten protest to the PA Department of Revenue, Board of Appeals, Dept. Z81OZl, Harrisburg, PA 17128-lOZl, OR --election to have the matter determined at audit of the account of the personal representative, OR --appeal to the Orphans' Court. Factual errors discovered on this assessment should be addressed in mriting to: PA Department af Revenue, Bureau of Individual Taxes, ATTN: Post Assessment Review Unit, Dept. Z8060I, Harrisburg, PA 171ZS-0601 Phone (717) 787-6505. See page S of the booklet "instructions for Inheritance Tax Return for a Resident Decedent" (REV-IS01) far an explanation of administratively correctable errors. If any tax due is paid within three (3) calendar months after the dacedant's death, a five percent (5Z) discount of the tax paid is allomed. The 15g tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not paid before January lB, 1996, the first day after the end of the tax amnesty period. This non-participation penalty is appealable in tho same manner and in the the same time period as you mould appeal the tax and interest that has been assessed as indicated on this notice. Interest is charged beginning elth first day of delinquency, or nine (9) months and one (1) day fram the date of death, to the date of payment. Taxes ehich became delinquent before January 1, 1982 bear interest at the rate of six (6Z) percent par annum calculated at a daily rate of .O0016q. All taxes ahich became delinquent on and after January 1, 198Z mill bear interest at a rate which will vary free calendar year to calendar year with that rate announced by the PA Department of Revenue. The applicable interest rates for 198Z through ZOOq are: Interest Daily Interest Daily Interest Daily Year Rata Factor Year Rate Factor Year Rate Factor 198Z ZOZ .0005~8 ~'~-1991 1lX .000301 ~ 9Z .O00Zq7 1983 16Z .000~38 1992 9Z .O00Zq7 ZODZ 62 .00016~ 198q llZ .000301 1993-199q 72 .O0019Z ZOO3 52 .000137 1985 132 .000356 1995-1998 9Z .O00Z~7 ZOOq ~Z .000110 1986 IOZ .00027~ 1999 7Z .O0019Z 1987 iOZ .OOOZ7q ZOO0 7Z .O00Igz --Interest is calculated as follows: INTEREST = BALANCE OF TAX UNPAID X NUNBER OF DAYS DELINQUENT X DAZEY INTEREST FACTOR --Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (15) days beyond the date of the assessment. Tf payment is made after the interest computation date shomn on tho Notice, additional interest must be calculated. COHHONNEALTH OF PENNSYLVANIA DEPARTNENT OF REVENUE BUREAU OF ZNDZV'rDUAL TAXES ~L~0~p~~ /'~r'~',~r" INHERITANCE TAX INHERITANCE TAX DIVISION po BOX ~80~0~ E~ENT OF ACCOUNT HARRISBURG, PA 17128-0601 CLERK OF _ ORPHAN'S HAHILTON C DAVT~U~FR '":~' 0 ZULLINGER ])AVIS ......... '.-;,, PO BOX 40 SHTPPENS]~URG PA 17257 DATE ESTATE OF DATE OF DEATH FILE NUNBER COUNTY ACN REV-1607 EX AFP (09-0~) 12-20-Z004 NILKENS HARION R 08-28-2005 Z1 05-0719 CUHBERLAND 101 HAKE CHECK PAYABLE AND REHZT PAYHENT TO: REGISTER OF HILLS CUHBERLAND CO COURT HOUSE CARLISLE, PA 17015 NOTE: To insure proper credi~ ~o your account, subm/~ ~he upper pore/on of '~hi$ form ~i~h your ~ax payment. CUT ALONG TH'rS LINE ~ RETAIN LONER PORTION FOR YOUR RECORDS ~ It B/'::[7,~Y' ' ~.'x"E~l~' '/'ii I.'-'d'.~1 ...... '~;;~' 'Ttir-~']~'l"A'gi}~ "1'~ '~f~."~il~11' ' ~'P' '~E'E60~ ' ' ~ ..................... ESTATE OF NILKENS NARION R FZLE NO. Z1 05-0719 ACN 101 DATE 12-ZO-ZO04 THTS STATENENT TS PRov'rDED TO ADVTSE OF THE CURRENT STATUS OF THE STATED ACN 'rN THE NANED ESTATE. SHONN BELOI,/ TS A SUNNARY OF THE pRTNCTpAL TAX DUE, APPLTCATTON OF ALL PAYNENTS, THE CURRENT BALANCE,, AND, TF APPLTCABLE, A PROJECTED TNTEREST FTGURE. DATE OF LAST ASSESSHENT OR RECORD ADJUSTNENT: 07-26-2004 PRINCIPAL TAX DUE:. PAYHENTS (TAX CREDITS): 22,957.45 PAYHENT DATE 11-26-200~ 05-27-2004 11-18-2004 RECEIPT NUHBER DISCOUNT (+) INTEREST/PEN PAID (-) CDOOSZ9$ \ CD005989 ~ CD004649 1,112.68 .00 .62- AHOUNT PAID 21,140.90 649.68 $4.81 ZF PAID AFTER TH/S DATE, SEE REVERSE SIDE FOR CALCULATION OF ADDITIONAL INTEREST. ( ZF TOTAL DUE IS LESS THAN $1, NO PAYNENT ZS REQUIRED. IF TOTAL DUE 1S REFLECTED AS A 'CREDZT' TOTAL TAX CREDIT ZZ,957.45 BALANCE OF TAX DUE .00 ZNTEREST AND PEN. .05 TOTAL DUE .05 YOU HAY BE DUE A REFUND. SEE REVERSE STDE OF THTS FORH FOR TNSTRUCTTONS. STATUS REPORT UNDER RULE 6.12 Name of Decedent: Marion R Wilkens Date of Death: Estate No. August 28. 2003 2003-00719 Pursuant to Rille 6.12 of the Supreme Court Orphans' Court Rules, I report the following with respect to completion of the administration of the above-captioned estate: U..,I C': Li::: .': l' , c~'j. f:i?;;, Lf) c::c 'Pate~o- ~~j' i ~~ \ .I &:i;;:.:;L ee, o~ L~--:. L-' c:::) ~, t"- V) ('-'.; .....::.- G- I. State whether administration of the estate is complete: Yes l No_ 2. If the answer is No, state when the personal representative reasonably believes that the administration will be complete: 3. If the answer to No. 1 is Yes, state the following: a. Did the personal representative file a final account with the Court? Yes No X b. The separate Orphans' Court No. (if any) for the personal representative's account is: c. Did the personal representative state an account informally to the parties in interest? Yes X No_ d. Copies of receipts, releases, joinders and approvals of formal or informal accounts may be filed with the Clerk of the Orphans' court and may be attached to this U I' .1.. __ Hamilton C. Davis, Esquire P.O. Box 40 Shippensburg, P A 17257 (717) 532-5713 fj/~/05 l].. . I c Capacity: _ Personal Representative XX Counsel for Personal Representative c;1. Cumberland County - Register Of Wills One Courthouse Square Carlisle, PA 17013 Phone: (717) 240-6345 Date: 7/27/2005 DAVIS HAMILTON C, ESQ. POBOX 040 SHIPPENSBURG, PA 17257-0040 RE: Estate of WILKENS MARION R File Number: 2003-00719 Dear Sir/Madam: It has come to my attention that you have not filed the Status Report by Personal Representative (Rule 6.12) in the above captioned estate. As per the AMENDMENTS TO SUPREME COURT ORPHANS' COURT RULES I NO. 103 SUPREME COURT RULES DOCKET NO. 11 for decedents dying on or after July 11 1992, the personal representative or his counsell within two (2) years of the decedent's deathl shall file with the Register of wills a Status Report of completed or uncompleted administration. This filing is due by: 8/28/2005 Your prompt attention to this matter will be appreciated. Thank You. Sincerely, ~~~~ GLENDA FARNER STRASBAUGH REGISTER OF WILLS cc: File Personal Representative(s) Judge ~