The URL can be used to link to this page

Home My WebLink About03-15-10-J REV-1500 1505607120 EX (06-05) OFFICIAL USE ONLY PA Department of Revenue County Code Year File Number Bureau of Individual Taxes INHERITANCE TAX RETURN PO 60X.280601 21 0 9 01171 Harrisburg, PA 17128-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death 194288151 10202009 Decedent's Last Name BAIR (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Date of Birth 01161938 Suffix Decedent's First Name MI ROBERT O Suffix Spouse's First Name MI Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW ® 1. Original Return ^ 2. Supplemental Return ^ 3. Remainder Return (date of death prior to 12-13-82) ^ 4. Limited Estate ^ 4a. Future Interest Compromise ^ 5. Federal Estate Tax Return Required (date of death after 12-12-82) ® ti Decedent Died Testate ^ 7 Decedent Maintained a Living Trust 8. Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust) ^ 9. Litigation Proceeds Received ^ 10. Spousal Poverty Credit (date of death 11. Election to tax under Sec. 9113(A) between 12-31-91 and ~f-1-95) ^ (Attach Sch. O) CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: ame Daytime Telephone Number ROBERT P. KLINE 7177702540 Firm Name (If Applicable) REGISTEI~F WILLS U ONLY KLINE LAW OFFICE :~-O -~;, ~.~ j ~ ~* , First line of address I`! ~- ~ ~' I ~;. ~°- ... . -- _, -, 714 BRIDGE STREET ~ ;"~~ ~ r ~,~ ~ , . Second line of address ~ `~ ~ ~' ~~'` "~ ~~ + rV P.O. BOX 461 ~ _.... `= f~T~ FILED ~ ^. ~ -,~ City or Post Office State ZIP Code ~ G1 ~ ; .~ NEW CUMBERLAND PA 17070 Correspondent's a-mail address: 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. SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN DATE ~,yy~ ~ ~,,~~ Jessie A. Wilson 31 ~~ (~o ann 1424 Main Street Lisburn, Mechanicsburg, PA 17055 . SIGNATUR OF P R O HER THAN REPRESENTPiTIVE DATE Robert P. Kline t, ® y~,(,~,~,~,, ~? ~ 714 Bridge Street, New Cumberland, PA 17070 Side 1 L 1505607120 1505607120 J REV-1500 EX Decedent's Name: B A I R, ROBERT O. Decedent's Social Security Number 194288151 RECAPITULATION 1. Real Estate (Schedule A) ................. ......................................................................... 1. 2 2 5, 0 0 0. 0 0 2. Stocks and Bonds (Schedule B) ............................................................................... 2. 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C).......... 3. 4. Mortgages & Notes Receivable (Schedule D) .......................................................... 4. 5• Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) ................ 5. 1 2 6 , 5 8 9 . 7 5 6. Jointly Owned Property (Schedule F) ^ Separate Billing Requested ............. 6. 7. Inter-Vivos Transfers 8~ Miscellaneous Non-Probate Property (Schedule G) ^ Separate Billing Requested ............. 7. 8 2, 7 1 8 3 6 8. Total Gross Assets (total Lines 1-7) ....................................................................... 8. 4 3 4, 3 0 8. 1 1 9. Funeral Expenses 8 Administrative Costs (Schedule H) ......................................... 9. 9, 1 6 8 9 0 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) ................................ 10. 4 3 0 0 9 11. Total Deductions (total Lines 9& 10) ......................................................................11. 9, 5 9 8 9 9 12. Net Value of Estate (Line 8 minus Line 11) ............................................................. 12. 4 2 4 , 7 0 9 . 1 2 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) ................................................. 13. 14. Net Value Subject to Tax (Line 12 minus Line 13) ................................................. 14. 4 2 4 , 7 0 9 . 1 2 TAX COMPUTATION -SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) X .00 15. 16. Amount of Line 14 taxable at lineal rate X .045 4 2 4, 7 0 9.12 16. 17. Amount of Line 14 taxable at sibling rate X ,12 17. 18. Amount of Line 14 taxable at collateral rate X .15 18. 19. Tax Due .............................................................................................................. .....19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. 1505607220 19,111.91 19,111.91 Side 2 1505607220 1505607220 J REV-1500 EX Page 3 Decedent's Complete Address: File Number 21 - 09 - 01171 Bair, Robert O. STREET ADDRESS 129 Old Mill Drive CITY Camp Hill STATE ZIP PA ~ 17011 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) (1) 19,111.91 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount Total Credits (A + B + C) (2) 0.0 0 3. Interest/Penalty if applicable - p. Interest E. Penalty Total Interest/Penalty (D + E) (3) 0.00 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. (4) Check box on Page 2 Line 20 to request a refund 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) 19,111.91 A. Enter the interest on the tax due. (5A) B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (5B) 19,111.91 Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred :.................................................................................^ b. retain the right to designate who shall use the property transferred or its income :.................................... c. retain a reversionary interest; or ................................................................................................................^ x^ d. receive the promise for life of either payments, benefits or care? ..............................................................^ 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? .....................................................................................................................^ ^x 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death?......... ^ ^x 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? ...................................................................................................................~ ^ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETUR For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is three (3) percent [72 P.S. §9116 (a) (1.1) (i)]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is zero (0) percent [72 P.S. §9116 (a) (1.1) (ii)]. The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty.-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is zero (0) percent [72 P.S. §9116 (a) (1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is four and one-half (4.5) percent, except as noted in 72 P.S. §9116 1.2) [72 P.S. §9116 (a) (1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is twelve (12) percent [72 P.S. §9116 (a) (1.3)j. 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. ,. COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE A REAL ESTATE FILE NUMBER ESTATE OF Bair, Robert O. 21 - 09 - 01171 All real property owned sole)y or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts. Real property which is jointly-owned with right of survivorship must be disclosed on schedule F. ITEM DESCRIPTION VALUE AT DATE OF NUMBER DEATH 1 129 Old Mill Drive, Lower Allen Twp, Cumberland Co. PA; Parcel #13-24-0805-086 (appraisal 125,000.00 attached) 2 1153 Creek Road, Lower Allen Twp, Cumberland Co. PA; Parcel #13-24-0805-080A (appraisal I 100,000.00 attached) I TOTAL (Also enter on Line 1, Recapitulation) ~ 225,000.00 SCHEDULE E CASH, BANK DEPOSITS, & MISC. COMMONWEALTH OF PENNSYLVANIA PERSONAL PROPERTY INHERITANCE TAX RETURN RESIDENT DECEDENT FILE NUMBER ESTATE OF Bair, Robert O. 21 - 09 - 01171 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with the right of survivorship must be disclosed on schedule F. ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1 M&T Bank Checking Acct #131080487 3,891.10 2 Americhoice FCU #36534-01 80.38 3 Americhoice FCU #36534-64 14,967.20 4 Susquehanna Valley FCU #16015-35 16,501.55 5 Susquehanna Valley FCU #16015-9721 14,193.44 6 Members 1st FCU #281864-00 102.53 7 Members 1st FCU #281864-11 64.75 8 Members 1st FCU #281864-44 4,893.80 9 Members 1st FCU #281864-45 16,920.71 10 Members 1st FCU #281864-46 50,234.29 11 1997 Chevrolet S-10 VIN#1GCCS1949V8160017 1,675.00 12 1988 Buick Century VIN#1 G4AH51 R9J6404240 700.00 13 1975 BMW Motorcycle VIN#4941180 1,945.00 14 1980 Kawasaki Motorcycle VIN#KZ4408003449 420.00 15 1977 Honda Motorcycle VIN#XL1001300076 0.00 I TOTAL (Also enter on Line 5, Recapitulation) ( 126,589.75 COMMONWEALTH OF PENNSYLVANIA SCHEDULE G INHERITANCE TAX RETURN I~+NTER-VIVOS TRANSFERS & RESIDENT DECEDENT MISC. NON-PROBATE PROPERTY ESTATE OF Bair, Robert O. FILE NUMBER 21 - 09 - 01171 This schedule must be completed and filed if the answer to any of questions 1 through 4 on page 2 is yes. ITEM NUMBER DESCRIPTION OF PROPERTY Include the name of the transferee, their relationship to decedent and the date of transfer. Attach a copy of the deed for real estate. DATE OF DEATH VALUE OF ASSET ~~ OF DECD'S INTEREST EXCLUSION (IF APPLICABLE) TAXABLE VALUE 1 Members 1st FCU IRA #281864-15 33,040.15 100% 33,040.15 2 Members 1st FCU IRA #281864-17 49,678.21 100% 49,678.21 TOTAL (Also enter on line 7, Recapitulation) 82,718.36 COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCH~ N F H FUNEI.~~L EwXP~VSES & ~1 ~ 1 f W~ ~~ FILE NUMBER ESTATE OF Bair, Robert O. 21 - 09 - 01171 Debts of decedent must be reported on Schedule I. ITEM NUMBER FUNERAL EXPENSES: DESCRIPTION AMOUNT A. 1 Parthemore Funeral Home & Crematon Services 4,072.12 B. 1 ADMINISTRATIVE COSTS: Personal Representative's Commissions Social Security Number(s) / EIN Number of Personal Representative(s): Street Address 2. 3. City State Zip Year(s) Commission paid Attorney's Fees Kline Law Office Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant 4. 5. 6. 7. 1 Street Address City State Zip Relationship of Claimant to Decedent Probate Fees Register of Wills Advertising (Cumberland Law Journal/Patriot News) Accountant's Fees Tax Return Preparer's Fees Other Administrative Costs Capital Property Consultants 3,500.00 538.50 205.28 500.00 TOTAL (Also enter on line 9, Recapitulation) 9,168.90 c Schedule H Q COMMONWEALTH OF PENNSYLVANIA / Ft~eral « INHERITANCE TAX RETURN /'~.I•'~'~r11~Y~lYVe ~'~ (,'~'~ RESIDENT DECEDENT ESTATE OF Bair, Robert O. FILE NUMBER 21 - 09 - 01171 P. Scott Archibald 225.00 Recorder of Deeds 128.00 Page 2 of Schedule H COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS FILE NUMBER ESTATE OF Bair, Robert O. 21 - 09 - 01171 Include unreimbursed medical expenses. ITEM NUMBER DESCRIPTION AMOUNT 1 PA American Water 81.92 2 ~ Lower Allen Twp. 3 I PPL Utilities 97.75 250.42 TOTAL (Also enter on Line 10, Recapitulation) ~ 430.09 REV-1513 EX+ (9-00) _ Ih. SCHEDULE J COMMONWEALTH OF PENNSYLVANIA BENEFICIARIES INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Bair, Robert O. FILE NUMBER 21 - 09 - 01171 NUMBER NAME AND ADDRESS OF PERSON(S) RELATIONSHIP TO DECEDENT SHARE OF ESTATE (Words) AMOUNT OF ESTATE ($$$) RECEIVING PROPERTY Do Not List Trustee(s) I~ TAXABLE DISTRIBUTIONS[include outright spousal distributions and transfers under Sec. X116 (a) (1.2)] 1 Joseph H. Bair Son one-third 153 Creek Road Camp Hill, PA 17011 2 Lori L. D'Agostino Daughter one-third 247 Oak Grove Court Mechanicsburg, PA 17055 3 Jessie A. Wilson Daughter one-third 1424 Main Street Lisburn Mechanicsburg, PA 17055 Enter dollar amounts for distributions shown above on lines 1 5 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 SHE~T 0.00 1..~ ~1 i I ~tt~t ~i11 ttrc~ ~~Ytt~rcPnt I, ROBERT 0. BAIR II, of Camp Hill, Pennsylvania, make, publish and declare this to be My Last Will and Testament, hereby revoking all former Wills by me at any time heretofore made. 1. I direct the payment of my debts and funeral expenses as soon after my death as will be convenient to my personal representative hereinafter named. 2. I give, devise and bequeath to my wife, JANICE L. BAIR, all of my estate and property, real and personal and whereso:ver situate; provided she shall survive me. 3. If my wife, JANICE L. BAIR, shall predecease me and I am survived by a child or children, I give and bequeath my per- sonal effects, household furniture, furnishings and equipment w to such child or children in equal shares based upon the appraised value thereof. If there should be disagreement among my children a as to the division of such property, I direct that my Executor g shall.have full discretionary power to divide such property among my children on an equal basis and such division shall be binding upon my children. Any property remaining after such division shall be sold and the proceeds added to the residt~ of my estate. 4. If my wife, JANICE L. BAIR, shall predecease me and I am survived by issue, I give, devise and bequeath all the rest, residue and remainder of my estate and property to Dauphin Deposit Trust Company, Harrisburg, Pennsylvania, in trust for my children with discretionary power to invest and manage said trust property and to use the income and so much of the principal as may be w needed for the care, maintenance and education of my children and the issue of any deceased child until the youngest child shall attain the age of twenty-one (21) years. When the youngest r child shall attain the age of twenty-one (21) years, th~trust ~; O o ~ m ~ c~ -'~ -' ~` x-~~„ rn n , - :,~ ~' rv ~~~- o~, y~ ~-z property shall be divided. into as many shares as there are then children living and children who are deceased leaving issue then living. Thereafter, the Trustee shall use the income and princi- pal of the share of each of said children and the issue of any deceased child, who shall take the deceased parent's share by representation per stirpes, as needed for the care, maintenance and education of such beneficiary or beneficiaries as the Trustee in its sole discretion may determine. Each of such beneficiaries shall have the right to withdraw and receive from the Trustee one-half (1/2) of the principal and income of his or her share at the age of twenty-one (21) years and the remaining balance at the age of twenty-five (25) years. If any of said benefici- aries shall die before receiving his or her full share and leave no issue to survive, the balance of such share shall be distributed among the surviving beneficiaries per stirpes. 5. In the event that I shall not be survived by my said ~` wife or any issue, I give, devise and bequeath one-half (1/2) i of my estate and property to my parents, Richard and Dorothy Bair, as tenants by the entireties, or the survivor of them, or, if neither survives me, to their issue per stirpes, and ore-half ti (1/2) of my estate and property to my wife's parents, Sylvester and Erma Hammacher, as tenants by the entireties, or the survivor fi of them, or, if neither survives me, to their issue per stirpes. 1 6. If my wife, JANICE L. BAIR, does not survive me, I name, constitute and appoint my mother, DOROTHY BAIR, to be the Testamentary Guardian of the person and estate of any beneficiary under this Will who may be a minor. 7. I name, constitute and appint my wife, JANICE L. BAIR, to be the Executrix of this Will. If she shall predecease me or for any reason not qualify as such Executrix or, having qualified, shall die, resign or be removed, I name, constitute -2- and appoint Dauphin Deposit Trust Company, Harrisburg, Pennsylvania, to be the Executor of this Will. IN WITNESS WHEREOF, I hereunto set my hand and seal this ;j/~?~ day of ~~~~ A. D. 1974. ,~t, { ~ `, .~ Cf`c (SEAL) ~ ~ Signed, sealed, published and declared by the above named ti Testator as His Last Will and Testament in the presence of us, who, at his request, in his presence and in the presence of each a E other, have hereunto subscribed ouri~.mes as witnesses. t. ~". ~. ~ ..r - 7~ .. _ ~,.- ; -3- 201-CT-Warranty Dead-Short Form-Act 1909-Donbl~ Sheet Henri IIall, Inc., Indiana, Pa. ~~jig ~eeD~, MADE THE 8th day o f I ~a r e h in the year of our Lord one thousand nine hundred s i:;t~--three (1.9 G 8 } BETtiVEEN RICI.-IAR`: II . B!`iI;' and DOF,.OTIiY K. BAIP , his zrif e , of the Totrnshi.p of Lot•rer Aller., Cot±ntr of Cunberlar_d, State o-~ Penns y1- vania, parties of the first part, Grantor ~ and P,OI3E1tT 0. BA I1' and J:~NIC3 L. B~..IIti, his wife, of the same p]_ace , Grantees 1~VITNESSETH that in consideration o f the sum of ~ One and no~1OO 01.00) ---------------- - Dollars, ~ in land paid, the receipt tvhereo f is hereby acknowledged, the said grantors do hereby grant and convey to the said grantees , , s :1LL That- certain pi^ce or parcel of land sitt.tate i.n the Township' o" Lower Al1.en, County of Cumberland and State of Penns,y7_vania, bounded and described as follotrs; to trita i ' BGINPiING at a stake on the sott~th side of 'T' Old ill Drive at ~ a the clividi_nry line between Lot Iv'o. 7 and Lot No. S; thence alon~* the lot line dividinn said Lot No. 7 from Lot No. ~~ £1, sortth 8 degrees .j a o1 *1 i.nutes west, two hundred eight and seventeen one-hundredths (203.17) feet, more or less, to the north banlc of Cedar ?'un; thence trestt~.*ard].r• along; the north banl: of said Cedar I'ttn eighty (80) feet, pore or less, to a point trhere said Cedar I'nn intersects the soutli_ t•rest line of said L:ot No. 8; thence alone the sottthtrest line of I:ot No. 8 north 32 degrees Crest, tt;,ro hundred forty-fi ve (2~5) feet, rlore or less, to a point in said line at the soutlltrest corner of Lot PIo. 9; thence alone th•e line of Lot No. 9 north 8p degrees j v rlinutes east one hundred n~.nety-fottr and forty-five one hundredths (19~.~5) feet, more or less, to a point in Old 27111 Drive; and ! thence eastjrardly by the southern Line of Old 1•Iill Drive bar an { arc havinn a radius of si:;ty (GO} feet, a distance of seventy-five ar_d fifteen one-hundreclth~ (75.15} feet to a point, the dividing lire between L,ot No. ? and Lot No. 8, the point and place of Boginnin~. BLIidG Lot No. 3 on Plan ltnotrn as Tract C, Cedar Cliff Nan or, trhich P1_an is recorded in the Office for the Recording of Deeds at Carlisle, Penns~~lva•nia, in Plan Boob 6, Page 50. UPID~I'. AId~ SUBJECT, P3L,VFR`PH~LESS, to drainage, sewer and utility easer:~ents described in prior conveyances, and to rights azld privileges granted to successors in title by 1rI. r,, keiser,Jr., et u~, by indenture dated February ?,6, 1958. (Over) r P BOOtS j ~O PAGE ~~I ~;~.. r BOOK/ ~~ .PAGE~~~~1~ a 0 BrzrrG the same Pre*.nises trhich 'f~lil]_ian H. Graham et al, Trustees of Bberly~s Z~ii_l1 Church of God, b,y deed dated March 51963 f and recorded this date in the Curiberland Cot~nt`~ Pecorder ~'s ~f-':l granted and conveyed to Richard H. Bair. a The Grantors are the parents oc ~'nbert C~ , Bair, one o_F the Grantees. r i i i s ' AND the said grantors , do the property hereby conveyed. a hereby covenant that their will WARRANT r,~I,I~nhLLY IN WITNESS WHEREOF, said granto s ha Ve hereunto set their ~~ s and seals the day and year first above written. - -- - ----- ------ - __ tenor. '' to #!{s ~rrBSarr >art A.. char H . a i r #l~`j~ c~ `~/~\) , - -o~-ri3T- - -• r--- --___________________________•-----.. sir. -~ .ls~r_C.GG.I.--.-___-. ii4oL - `~' 8 ~ i i r 3 ~ her.'hy car.`;. ";r ~'.~.w~y t'e precise rESidcr_c„ c ~:~'_.; cr:~.~I~in named C~.~apn~ee is / S'j C`.'~z~z~.l~ ~'~ ~~ ~ ~ (~- ~ ~ f-/~.C.~ ~~. Y ~ .. 14t"t'.OT'71v,~' State of per~ns~rlvania ss. County of CLira.b er land On this, the 8th day of I•Tarch , 19 gg ,before me, the undersigned officer, personally appeared Richard Ii. Bair and Borothy K. Bair, his isi#'e, .r 1sn;i~mg (or satin f actorily proven) to be the person s whose names ar esubscribed to the with- -;.•~~~tvagf,~''upr2n~, and acknowledged that tfie y executed same for the purposes therein contained. ~ ~ x ., ,+ , '.'~~~' ~_~~~~~'•~;"~ESS WHEREOF, I hereunto set my hand and official seal. ~~,~,,y.h~S..~~,~a. • ~ KECORUED-OFFICE OF fME _._.._...~ MCA?';' ~ ._~~~_~C .__------------------- ~p • •..... •~ REGi.1Rf7Edi ~ t)EfUS ------~71~J~`Ot13~c,i8Si0p.~-.:..:::~.2A1:A:~.+4,-;~-----------°°---------------- I J ~ r ~`~ 4 ~' ' ~' ~ Lemoyne Pe. C~.mDertand rupur~E~itle of Officer. ~ 3 ~ 3 `'~~•-'~' '~IfWBEK U CUUM77 ~EWodSYIYAMIA State u f s ss. County of On this, the da o y f , 19 ,before me, the undersigned officer, personally appeared known to me (or satisfactorily proven) to be the person whose name subscribed to the with- in instrument, and acknowledged that executed same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. Title of O,~cer. s ~. • ua~~a~crn a #~ aogv a~vp a~) `aa~ons azl~ ~o roas a~' puv pu~ry itu~c .capon ua nuJ i I ~ xoog paaQ uz `R~uno~ pcvs a~~ ~'o aa~o s .cap.cooa~ a~~ uz ` - ' ' ' i ~ ~ ' 6I Q ~ --.~._... _..__._ __ ~o ~~p --------- ~__.__. ~~~ uo a~aaroo~x ~ ~ -------------- ~ ~ - - ------ - ------ - - ~o R~uno,) ~. 4 ~- •sa w ~~ ~=- ~-~ = ~'I i~d7dSt~TAl~d ~t0 Hs7 ~1t1107ftW0~ :~ ~ r ~ w ~.,~ ~~ y =~ ry .. LC `(~ " V B ~y~ :~ _ :~ ~ ~ n_ " U ~o 3 H td off C] ~ ~ 1~1 C i N ~ ~ ~rS ~ `- ,,1 rT+ o w y ,b in a ~ v m ~t ~ t ~ r Ir ~ F.,. p ~ ~ i ~' D ~ -I ~y /V F+. ~ ci- O < s r cD ;~ H H ~ ~ ~ ~, ~ ~ ~ ~~ z H E,. E y m s I ----- .~-._.._.._.._.----_.._._.._ .coif Rau.co~~~ 6t ssa.cppq a~'o sod a)alducoo pug aau s? aa)uvcB pautmc u:~y)urc a~~ ~u apasa.c as~acd a~() ~v~~ /i~}~.caa /tga.cazl op Second Mortgage - Property Value Analysis Report. File No. BAIR :. P. SCOTT ARCHIBALD REAL ESTATE APPRAISALS Case No. ..• 129 OLD MILL Borrower BAIR, ROBERT O. Census 42-41-110 Map Ref 13-24-805-86 Property Address 129 OLD MILL RD. Chedcone: X SF PUD ^Condo 2-4 Units City CAMP HILL County CUMBERLAND State PA. Zip Code 17011 Phone No. N/A Loan Re nested $ N/A Term N/A Mos. Owners Est Value $ N/A No. of Rooms No. of Bedrooms No. of Baths Family room or den: Gross Living Area Garage/Carport Porches, Patio Central Air: 6 3 2 ^Yes ^X No 1,565 Sq.Ft. 1 CAR INTEG COV PORCH ^Yes ^X No NEIGHBORHOOD Location Urban X Suburban Rural Good Avg. Fair Poor Built Up X Over 75% 25% to 75°~ Under 25% Property Compatibility X Growth Rate ^ Fully Dev. Rapid X Steady Slow General Appearance of Property X Property Values Increasing X Stable Declining Appeal to Market X Demand/Supply Shortage X In Balance Over Supply Marketing Time Under 3 Mos. X 4-6 Mos. Over 6 Mos. Present Land Use 65 % 1 Famiy %2-4 Famiy 5 % Apts. % Condo 15 % Commeraal %Industrial 15 °~ vacant % Change in Present Land Use X Not Likely Likely ~ Chg From to Predominant Occupancy X Owner ^ Tenant 1 °k Vacant S/F Price Rng $ 90 to $ 300+ 175 =Predominant Value S/F Age 20 to 60 Yrs. Predom. Age 40 Yrs. Note: Freddie Mac does not consider race or the racial composition of the neighborhood to be reliable appraisal factors. Comments on factors favorable or unfavorable, affecting marketability (e.g. public parks, Schools, n01Se) THE SUBJECT PROPERTY IS LOCATED IN LOWER ALLEN TOWNSHIP CUMBERLAND COUNTY. MOST AMENITIES ARE LOCATED WITHIN A REASONABLE COMMUTING DISTANCE TO THE NEIGHBORHOOD THE COMMERCIAL LAND USES WITHIN THE NEIGHBORHOOD CONSIST OF OFFICES AND SMALL BUSINESSES. IN MY OPINION THESE COMMERCIAL LAND USES SUBJECT PROPERTY Year Buift 1963 Units Type (det., duplex, semi/det.) Design (rambler, split) Ext. Wall Mat'I. BRICK Property in HUD-Identified Sp'I Flood hazard Area? Roof Mat'I. ^ Yes Compatibility to Neighborhood X COMP SHING Appeal and Marketability X X No Special Energy-Efficient Items NONE Comments (favorable or unfavorable including deferred maintenance) THE SUBJECT PROPERTY IS MAINTAINED IN BELOW AVERAGE CONDITION AND IS IN NEED OF EXTERIOR PAINTING REMODELING AND MAJOR COSMETIC REPAIRS. CONDITION Item Sub'ed Pr . . Com arable No.1 Com arable No. 2 Com arable No. 3 Address 129 OLD MILL RD. CAMP HILL 118 GREEN LANE DR. CAMP HILL 313 MANCHESTER RD. CAMP HILL 1193 SHOREHAM RD. CAMP h+ILL Prox. to Sub'. '' 0.35 MILES EAST 0.70 MILES NORTHEAST 0.80 MILES NORTHEAST Sale Price N/A $ 165 500 $ 172 900 $ 149 900 Date of Sale Desgi tion Descri tion Ad'ustment Descri tion Ad'ustment Desgi tion Ad'ustment TimeAd'ust. N/A 9/2009-CL CST -1 80 11/2009-18DOM 10/2009-42DOM Location SUBURBAN SUBURBAN SUBURBAN SUBURBAN Site~ew 0.85 ACRES 0.56 ACRES +3 00 0.14 ACRES +6 00 0.15 ACRES +6 00 A e 47 YEARS 52 YEARS 49 YEARS 58 YEARS Condition BELOW AVERAGE AVERAGE+ -40 00 GOOD -50 00 AVERAGE+ -40 00 Living Area Rm Total B-Rms. Baths Total B-Rms. Baths Total B-Rms. Baths Total B-Rms. Baths Count & Total 6 3 2 6 3 2.00 7 4 1.00 +2,00 7 3 1.00 +2 00 Gross Liv Area 1 565 S .Ft. 1 292 S .Ft. +4 09 1 411 S .Ft. +2 31 1343 S .Ft. , +3 33 Air Condition NONE NONE CENTRAL -3 00 CENTRAL -3 000 Gar a/Car rt 1 CAR INTEG 2 CARPORT -1 50 1 CARPORT NONE +2 00 Porches, Patio Pools etc. COV PORCH FIREPLACE COV PORCH FIREPLACE PATIO +2 00 DECK FIREPLACE Specal Energy- Efficient Items SECLUDED CREE VIEW FIN BSMT. FAM DEN BATH -6 00 FIN BSMT. FAM 1/26TH -4 00 +5,00 Other APPLIANCES APPLIANCES APPLIANCES APPLIANCES Net Ad'. otal `'" Plus X Minus $ -42 205 Plus X Minus $ -44 690 Plus X Minus $ -24 670 Sub Value ' Net=-26%Grs=34° $ 123 295 Net=-26%Grs=40° $ 128 210 Net=-16°~Grs=41 % $ 125 230 Gen. Comments I HAVE CONSIDERED ALL OF THE COMPARABLES IN ESTIMATING THE MOST PROBABLE SALES PRICE OF THE SUBJECT PROPERTY. THIS APPRAISAL REPORT IS FOR THE INTENDED USER ONLY AND IS NOT INTENDED FOR ANY OTHER USERS. The information shown on this report is derived from an inspection of the neighborhood and exterior inspection of the subject property and market comparables. The estimated market value is based upon this information and the knowledge of the undersigned. This report is not to be construed as an appraisal report Estimated Market Value $ 125,000 as of JAN. 28, 2010 Completed By P. SCOTT D Title APPRAISER -RL-000060-L Signature Date FEB. 11 2010 ATTACH CURRENT DESCRIPTIVE PHOTOGRAPHS OF SUBJECT PROPERTY AND STREET SCENE Freddie Mac Form 7041/86 Stories 1 Properly Rating Good A Fair Poor DETACHED Condition of Exterior X X RANCH G-ickFORMS Appraisal Software 800-622-8727 Page 1 of 9 SCOTT ARCHIBALD REAL ESTATE APPRAISALS EXTRA COMPARABLES 4-5-6 File No. BAIR Case No. 129 OLD MILL Borrower BAIR, ROBERT O. PropeRy Address 129 OLD MILL RD. City CAMP HILL County CUMBERLAND State PA Zip Code 17011 LendedClient ROBERT KLINE Address . Item . Su 'ect Pro ~ . Com arable No. 4 Com rable No. 5 Com rable No. 6 Address 129 OLD MILL RD. CAMP HILL 1398 LOWTHER ST. CAMP HILL 1298 KELTON RD. CAMP HILL Prox. to Sub'. 0.65 MILES NORTHEAST 0.70 MILES NORTHEAST Sale Price N/A $ 145 000 $ 135 000 $ Date of Sale Desai tion Desai 'on Ad'ustment Desai 'on Ad'ustment Desai lion Ad'ustment Time Ad'ust N/A 12/2009-42DOM 10/2009-CL CSTS -4 99 Location SUBURBAN SUBURBAN SUBURBAN SitelUew 0.85 ACRES 0.15 ACRES +6 00 0.14 ACRES +6 00 e 47 YEARS 59 YEARS 51 YEARS Condition BELOW AVERAGE AVERAGE+ -40 00 AVERAGE -20 00 Living Area Rm Total B-Rms. Baths Total B-Rms. Baths Total B-Rms. Baths Total B-Rms. Baths Count & Total 6 3 2 6 3 1.50 +1,00 5 3 2.00 Gross Liv Area 1 565 S .Ft. 1 160 S .Ft. +6 07 1 246 S .Ft. +4 78 S .Ft. Air Condition NONE CENTRAL -3 00 NONE Gara e/Ca rt 1 CAR INTEG NONE +2 00 1 CARPORT Porches, Patio Pools etc. COV PORCH FIREPLACE COV PORCH FIREPLACE PATIO +2 00 Special Energy- Efficient Items SECLUDED CREEK VIEW +5,00 +5,00 Other APPLIANCES APPLIANCES APPLIANCES NetAd'. otal Plus X Minus $ -22 925 Plus X Minus $ -7 210 X Plus Minus $ 0 Sub Value ' Net:-16%Grs:44% $ 122 075 Net:-5% Grs:32% $ 127 790 Net0% Gr5:0% $ 0 Gen. Comments Freddie Mac Form 7041/86 ClickFORMS Appraisal Software 800-622-8727 Page 2 of 9 P. SCOTT ARCHIBALD REAL ESTATE APPRAISALS SKETCH ADDENDUM File No. BAIR Case No. 129 OLD MILL Borrower BAIR ROBERT O. Property Address 129 OLD MILL RD. City CAMP HILL County CUMBERLAND State PA. Zap Code 17011 LenderlClient ROBERT KLINE Address 525 ~.~ KffCHEN DVA 1-CAR GAR B®ROOM 25.0' FAMLY ROOM LNNG ROOM 390, BEDROOM 34.5 B®ROOM BATH 14.0' 18.0' SKETCH CALCULATIONS Area Ai Al : 52.5 x 25.0 = 1312.5 A2:18.Ox14.0= 252.0 Fist Floor 1564.5 Total Living Area 1564.5 ClickFORMS Appraisal Sotlware 800-622-8727 Page 3 of 9 P. SCOTT ARCHIBALD REAL ESTATE APPRAISALS LOCATION MAP ADDENDUM File No. BAIR Case No. 129 OLD MILL Borrower BAIR, ROBERT O. Property Address 129 OLD MILL RD. City CAMP HILL County CUMBERLAND State PA. Zip Code 17011 Lender/Client ROBERT KLINE Address pCamp Hill _ ~ ~~;;~~- ~,,~° ~ ~`~ ~a. ~,; ~`4~` _~ _ ~, ~' ;~~' r`~->' 411-`iy'~'g C~ ~. ~,~.,, ~.- _ <: _: - ~ - ~~ _~~ 3~ :, . - _. .` ,~~ ~ ~ SALE 4~ ~ - `~ - d~ f 1~;5 t. • ,~~~,;~ 'z - .,. .. ~~+~~# ~~', Neer Cumberland .. _ _. .__. L ~\ ~~~ _ F : .r~ 8 ,'~1 __ _.~~. ~-~ W '~ ~olrng Greerti '~. ~ ~ ~--~' ~c ;, - taletnorial Cedar Gliff ~. =,1 , ~~. `~'' Gaitiens ---~~~ ~'9;;, } i, ~;~. ~~~ fls~rlys dill ~ ~ ~'~~: 4{l B .~' - _. __ _ ^ ~ __ ~. `'~ _. ~ ~. t, ~.~ ~.:... - _ ~`~ ~ Green Lane Farms _ _* ~'~°~' `~ - .. ::~~~ ,tl. .S ~_ ~ t '. .. _~ SALE 1 .. _ ,~ ~~ ~ ~~ =- .~ -- '~. ~ .__ - .; _ .~: -n- ~~" ,~ -- J .. y..~ v ~+. bd ;. ; i . " P" ~~ `~- ~,~ ~~ X2014 MicrosoRCorp X300$ Nb9iEQ,andforTele~Attas,lnc. ' ' ~, ._,: ~. ClickFORMS Appraisal Software 800-622-8727 Page 4 of 9 P. SCOTT ARCHIBALD REAL ESTATE APPRAISALS SUBJECT PHOTO ADDENDUM File No. BAIR Case No. 129 OLD MILL Borrower BAIR, ROBERT O. Property Address 129 OLD MILL RD. City CAMP HILL County CUMBERLAND State PA. Zip Code 17011 LenderlClient ROBERT KLINE Address ~, `~° ' ~ F;r... ir~': i~ FRONT OF SUBJECT PROPERTY 129 OLD MILL RD. CAMP HILL, PA. 17011 REAR OF SUBJECT PROPERTY STREET SCENE Page 5 of 9 ClickFORMS Appraisal Software 800-622-8727 P. SCOTT ARCHIBALD REAL ESTATE APPRAISALS SUBJECT PHOTO ADDENDUM File No. BAIR Case No. 129 OLD MILL Borrower BAIR ROBERT O. Property Address 129 OLD MILL RD. City CAMP HILL County CUMBERLAND State PA. Zlp Code 17011 LenderlClient ROBERT KLINE Address GARAGE SIDE PHOTO ClickFORMS Appraisal Software 800-622-8727 Page 6 of 9 P. SCOTT ARCHIBALD REAL ESTATE APPRAISALS COMPARABLES 1-2-3 File No. BAIR Case No. 129 OLD MILL Borrower BAIR, ROBERT O. Properly Address 129 OLD MILL RD. City CAMP HILL County CUMBERLAND State PA. Zip Code 17011 Lender/Client ROBERT KLINE Address , r x ~ ;.~ ~~ .- -_f. -. ~ " ClickFORMS Appraisal Sotluvare 800-622-8721 COMPARABLE SALE # 1 118 GREEN LANE DR. CAMP HILL COMPARABLE SALE # 2 313 MANCHESTER RD. CAMP HILL COMPARABLE SALE # 3 1193 SHOREHAM RD. CAMP HILL Page 7 of 9 P. SCOTT ARCHIBALD REAL ESTATE APPRAISALS COMPARABLES 4-5-6 File No. BAIR Case No. 129 OLD MILL Borrower BAIR ROBERT O. Property Address 129 OLD MILL RD. City CAMP HILL County CUMBERLAND State PA. Zip Code 17011 Lender/Client ROBERT KLINE Address -~ .~; ;~ -~^ +~ X .,, ~;~,,.«-=~~~ :~ , COMPARABLE SALE # 4 ~ ~x ~ ;,-_"~ ~ 1398 LOWTHER ST. ~~`„~,,, -~: ~5 CAMP HILL .~ '~ '':~ : ~. ,~ ~ ~ ~~ - ~~~ .. ~1~ .~ a ~;. -' ... Msar~ . ~ "".:.-.aww~r .. . ClickFORMS Appraisal Software 800-622-8721 COMPARABLE SALE # 5 1298 KELTON RD. CAMP HILL COMPARABLE SALE # 6 Page 8 of 9 P. SCOTT ARCHIBALD REAL ESTATE APPRAISALS File No. BAIR Case No. 129 OLD MILL PURPOSE AND USE OF LIMITED APPRAISAL The purpose of this limited appraisal is to estimate market value by performing an evaluation of real property collateral for use in a proposed underwriting. This limited appraisal is for the use of the party to whom it is addressed and any further use or dissemination without consent of the appraiser and addressee is prohibited. DEFINITION OF MARKET VALUE Market value, as referenced in OCC Rule 12 CFR 34.42(f): The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, and knowledgeably and assuming the price is not affected by undue stimulus. Implicit in this 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 acting in what he considers his own best interest; (3) a reasonable time is allowed for exposure in the open market; (4) payment is made in terms of cash in U.S. dollars or in terms of financial arrangements thereto; and (5) the price represents the normal consideration for the property sold unaffected by special or creative financng or sales concessions` ggranted by anyone associated with the sale. *Adjustments to the comparable must be made for special or creative financing or sales concessions. No adjustments are necessary for those costs which are normally paid by sellers as a result of tradition or law in a market area; these costs are readily identifiable since the seller pays these costs in virtually all sales transactions. Special or creative financing adjustments can be made to the comparable property by compansons to financing terms offered by a third party institutional lender that is not already involved in the property or transaction. Any adjustment should not be calculated on a mechanical dollar for dollar cost of the financing or concession but the dollar amount of any adjustment should approximate the market's reaction to the financing or concessions based on the appraisers judgement. DESCRIPTION OF LIMITED VALUATION PROCESS In performing this preliminary value analysis, the valuation process consisted of. (1) Reviewing assessment/public records and comparable database listing information for the subject; (2) Conducting an inspection of the subject and its environs; (3) Analyzing sales of regional residential real estate; (4) arriving at a value conclusion; (5) Writing this report. Departures from specific appraisal guidelines included: SR 1-3 because the appraiser has presumed, for the purpose of the limited appraisal, that the existing use of the subject property is the highest and best use; SR 1-4 because only a sales comparison analysis of value was employed in this limited appraisal since it is the primary valuation method for residential dwelling similar to the subject. Any additional uses of the departure provision are specifically stated in the attached appraisal report or its attachments. SALES HISTORY According to the data utilized in preparing the report, the property ^ has ^X has not transferred within the past 12 months. LEVEL OF RELIABILITY The use of the departure provision to allow a limited appraisal with a single approach to value reduces the level of reliability of this report. RECONCILIATION Complete weight was given to the Sales Comparison Approach as it is the approach used by most buyers when purchasing a single family dwelling. The Income Approach was not applicable because of the lack of rental information and meaningful relevancy to the value of a dwelling located in this primarily owner occupied neighborhood. On the other hand, the Departure Provision was utilized to estimate the Cost Approach because the appraiser decided this omission m this limited appraisal assignment would not confuse or mislead the client or the intended users of this report. The market value is estimated on the FHLMC form 704 or similar attached. ASSUMPTIONS AND LIMITING CONDITIONS ` No responsibility is assumed for the legal discrimination or for matters indicating legal or title considerations. Title to the property is assumed to be marketable. The property is appraised free and clear of any and all liens and emcumbrances, except as noted in the report. `Information furnished by others during the course of the research has been verified to the extent possible and is believed to be reliable, but no warranty is given for its accuracy. ` No responsibility is assumed for the effect on value of hidden or unapparent conditions of the subsoil or structures; or for arranging engineering studies to discover such conditions. ` No evidence of contamination or hazardous materials was observed. However, the appraiser is not qual~ed to detect potential hazardous waste material that may have an effect on the subject property. The client may wish to retain such an expert if he desires. `Sketches and other illustrative material are included only to assist the reader in visualizing the real estate and its environs, are based on data developed and supplied by others, and are not meant to represent a survey or as-built plan. `Any distribution of the total valuation among land, improvement, and/or other components applies only under the stated program of utilization and must not be interpreted or used as individual values for other purposes. * The appraiser is not required to provide consultation, testimony, or attendance in court by reason of this assignment, unless such services have been assigned in contracting the assignment. `Possession of the report or a copy thereof does not carry with it the right of publication, and it may not be used for any purpose by anyone other than the addressee, without the written consent of the author and addressee. Even with such permission, out-of-context quoting from and/or partial reprinting of the report is prohibited. The report is an integrated entity and is only valid in its entirety. `Neither all nor part of the contents of the report shall be disseminated to the public relations, news, sales, or other media without the prior written consent and approval of the author. LIMITED SCOPE APPRAISAL CERTIFICATION I certify to the best of my knowledge and belief that: the statements of fact contained in this report are true and correct; the reported analyses, opinions, and contusions are limited only by the reported assumptions and limited conditions and are personal, unbiased, professional analyses, opinions and conclusions; I have no present or prospective interest in the real estate and have no personal interest or bias with respect to the stipulated result, or the occurrance of a subsequent event; the analyses, opinions and contusions were developed and the report prepared in conformance with and subject to the requirements of the Uniform Standards of the Professional Appraisal Practice of the Appraisal Foundation; the appraisal assignment was not based upon a requested minimum valuation, a specific valuation, or the approval of a loan; I personally prepared all contusions and opinions about the real estate that were set forth in the appraisal report. tf I relied on significant professional assistance from any individual(s) in the performance of the appraisal or the preparation of the appraisal report, 1 have named such individual(s) and disclosed the specific tasks pertormed by each in the recontliation section of this appraisal report. I certiry that any individual so named is qualified to perform the tasks. I have not authorized anyone to make a change to any item m the report; therefore, if an unauthorized change is made to the appraisal report, I will not take the responsibility for it. SUPERVISORY APPRAISER'S CERTIFICATION If a supervisory appraiser signed the appraisal report, he or she certifies and agrees that: I directly supervised 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 certification above, and am taking full responsibility for the appraisal and the appraisal report. PROPERTY ADDRESS: 129 OLD MILL RD. CAMP HILL PA. 17011 APPRAISER: Qv Signature: r~ Name: P. SCOTT ARCHIBALD SUPERVISORY APPRAISER (only if required) Signature: Name: Date Signed: FEB. 11, 2010 Date Signed: State Certification #: RL-000060-L State Certification #: or State License #: or State License #: State State Expiration Date of Certification or License: 6/30/11 Expiration Date of Certification or License: XQ Did n Did Not Inspect the Interior of the Property n Did n Did not Inspect property ClitcFORMS Appraisal Software 800-622-8727 Page 9 of 9 #229780 ~~-OOp~ Tax Parcel No. 13-24-0805-080A ~. ~~ ~ 1 ~ DEED THIS DEED, made this ~_ day of ..,-~ ~~~~ , in the year of our Lord two thousand four (2004). BETWEEN ROBERT O. BAIR, Executor of the Last Will and Testament of Dorothy K. Bair, late s~f .Lower- Allen Township, D~snherland C~ur;#y, °ennsylvznia, hereafter, AND ROBERT O. BAIR, a married man, hereafter, GRANTOR ~ ~: <= ~ ~' ~~ f` -~-,. ~: .~ ~ -~, r;~ ~"~ ~=.~ . ~ ~ GRANTEEj~ .~ f~, , r ~ rJ ~ ~: C7 . i G'7 -.,-~ -~. WHEREAS, Dorothy K. Bair, the decedent above named, being seised in fee of the hereinafter described real estate, died on March 6, 2004, having made her Last Will and Testament dated August 13, 1992 whereby she named Robert O. Bair, Executor thereof; and WHEREAS, said Will was .duly probated and filed of record in the Office of the Register of Wills of Cumberland County, Pennsylvania (21-04-00284), and Letters Testamentary thereon were issued to the said Executor on March 24, 2004; and WHEREAS, Ronald R. Bair, son of the- decedent, predeceased her. Ronald R. Bair died on February 3, 1998. He never married and left no issue; and WHEREAS, Robert O. Bair in accordance with Item I and Item II of the Will, wishes to retain the real estate, and it is necessary to confirm the vesting of title to the real estate hereafter described in Robert O. Bair, sole heir and residuary legatee. NOW THIS INDENTURE WITNESSETH, that the said Grantor, for and in consideration of the sum of ONE ($1.00) DOLLAR lawful money of the United States, and other good and valuable consideration, to him in hand paid by the said Grantee at or before the sealing and delivery hereof, the receipt whereof is hereby acknowledged, has granted, bargained, sold, aliened, released and confirmed, and by these presents does grant, bargain, sell, alien, release and confirm unto the said .Grantee, his heirs and assigns. ALL THOSE CERTAIN lots of land situate in Lower Allen Township, Cumberland County, Pennsylvania, more particularly bounded and described as follows, to wit: TRACT NO. 1 BEGINNING ~at a point in Cedar Run ~t corner common to lands herein. described and lands .now or late of Horace P. Bair and lands now or late of the McCormick Estate; thence along Cedar Run and lands now or late of the McCormick Estate South 11 degrees 53 minutes East 102.13-feet to an iron pin on the line of other lands of Richard H. Bair, formerly lands of Hempt Brothers; thence along said lands of Richard H. Bair and lands of Hempt Brothers North 71 degrees West 217.7 feet to an iron pin; thence along lands of Hempt Brothers North 11 degrees 25 minutes East 44.31 feet to an iron pin at lands now or late of Horace P. Bair; thence along lands now or late of Horace P. Bair South 69 degrees 33 minutes East 79 feet to a point; thence along the same South 89 degrees 48 minutes East 63.76 feet to a point; thence along the same North 64 degrees 03 minutes East 30.45 feet to a point; thence along the same North 89 degrees 43 minutes East 15 feet to the point or place of BEGINNING. BEING improved with a dwelling and machine shop. TOGETHER with aright-of-way from said land to State Highway Route No. 21023 reserved over lands of Hempt Brothers in the deed from Richard H. Bair to J. Forrest Hempt and Max C. Hempt, Executors of the Last Will and Testament of George L. Hempt, deceased, dated January 3, 1948, and recorded in the Recorder's Office aforesaid in Deed Book "V", Volume 13, Page 81. TRACT NO. 2 BEGINNING at a point on the dividing line between lands of Richard H. Bair and Hempt Brothers, said point being 154 feet measured Eastwardly along said dividing iine from the eastern dine of State Highway, Route No. 21023; thence continuing along said dividing line South 71 degrees East 98.54 feet to an iron pin at lands now or late of the McCormick Estate; thence by said last- mentioned lands South 13,degrees 09 minutes West 16.62 feet to an iron pin at corner of lands of Dorothy K. Bair, formerly lands of Horace P. Bair; thence by said last-mentioned lands North 71 degrees West 99.01 feet to a point; thence by lands of Hempt Brothers North 14 degrees 46 minutes East 16.61 fee to an iron pin, the point or place of BEGINNING. TRACT NO. 3 BEGINNING at an iron pin at the corner common to the tract herein described, the tract of land adjoining on the North of Richard H. Bair and lands of Hempt Brothers adjoining on the West; thence along said lands of Richard H. Bair South 71 degrees East 99.01 feet to an iron pin in the line of lands now or late of the McCormick Estate; thence by said lands now or late of the McCormick Estate South 13 degrees 09 minutes West 88.88 feet to an iron pin; thence by lands of Hempt Brothers South 75 degrees 28 minutes West 31.5 feet to a point; thence by lands of Hempt Brothers North 21 degrees 05 minutes West 122.8 feet to an iron pin; thence by the same North 14 degrees 46 minutes East 13.05 feet to an iron pin, the point or place of BEGINNING. UNDER AND SUBJECT, NEVERTHELESS, to conditions, easements and restrictions of prior record and any matters which a physical inspection or survey of the premises may disclose. ,_._.~ BEING ALL THREE (3) TRACTS which Richard H. Bair and Dorothy K. Bair, husband and wife, by their Deed dated October 28, 1974 and recorded in the Cumberland County Recorder of Deeds Office in Deed .Book "V", Volume 25, Page 534, granted and conveyed unto Richard H. Bair and Dorothy K. Bair, husband and wife. Richard H. Bair died on January 24, 1992, thereby vesting title in the said Dorothy K. Bair, the above named decedent. TOGETHER with all and singular the buildings, improvements, ways, streets, alleys, passages, waters, water-courses, rights, liberties, privileges, hereditaments and appurtenances whatsoever thereunto belonging, or in any wise appertaining, and the reversions and remainders, rents, issues and profits thereof; and also, all the estate, right, title, interest, property, claim and demand whatsoever of then, the said Grantor, in law, equity, or otherwise howsoever, of, in, to or out of the same. TO HAVE AND TO HOLD the said lot or piece of ground above described, with the buildings and improvements thereon erected, hereditaments and premises hereby granted or mentioned, and intended so to be, with the appurtenances; unto the said Grantee, its successors and assigns, to and for the only proper use and behoof of the said Grantee, its successors and assigns, forever. 8~~~~ ~ ~~~~~~.~ AND THE SAID Grantor covenants, promises and agrees, to and with the said Grantee his heirs and assigns, by these presents, that the said Grantor has not done, committed, or knowingly or willingly suffered to be done or committed any act, matter or thing whatsoever whereby the premises hereby granted, or any part thereof, is, are, shall or may be impeached, charged or encumbered in title, charge, estate, or otherwise howsoever. WITNESS the due execution hereof the day, month and year first above written. ~'NITNESS: /" ' ~- ,~'~~~ ~.~L.' ° ~.,~ ~,^lr ~-evt?~ ~ (SEAL) ;~. ` ~ ROBERT O. BAIR Executor of the Last Will and Testament of Dorothy K. Bair COMMONWEALTH OF PENNSYLVANIA g~ SS. COUNTY OF ~~fV~ On this, the ~ day of .--~ ~'~~~ , 2004, before me, the undersigned officer, personally appeared Robert O. Bair, Executor of the Last Will and Testament of Dorothy K. Bair, known to me (or satisfactorily proven) to be the person described in the foregoing instrument, and acknowledged that he executed the same in the capacity therein stated and for the purposes therein contained. IN WITNESS WHEREOF, I have set my hand and official seal. e Notary Public NOTAR 1AL SEAL aIANNE LENIG, Notary Public Lemoyne Barough Cumberland Co. My Commission Expires Dec. 21, 2005 I hereby certify that the precise residence and complete post office address of the within named Grantee is: 129 Old Mill Drive, Camp Hill, PA 17011 .~~. Attorney for Grantee COMMONWEALTH OF PENNSYLVANIA :SS COUNTY OF CUMBERLAND RECORDED on this day of Recorder's office of Cumberland County, in Record Book ,Page A. D. 2004, in the Given under my hand and the seal of the said office, the date above written. Recorder ~n Cumberlal~~ 'Cc~~-~~~iy ~!'~ w ~ ~yd~fi. d z: Concise A raisal Assi nment Information Pro a Identification: Re ort Pre ared B Re ort Pre ared For: Street 153 Creek Road Name, Title James S ra ue Jessie wlson and Robert Bair Cit ,State, Zi Cam Hill, PA 17011 Com an CPC Pu ose: Count Current Tax Assessment: Cumberland $119,150 Address Cit ,State, ZIP 1916 Bradle Drive Harrisbur , PA 17110 Estate Plannin /Inheritance Tax Borrower: N/A Phone 717-756-0561 Owner: E-Mail 'im comcast.net Robert Bair Sale, Option, Listing and Offer History: Comments: (analyze all sales within the last 3 years, current options, listings, offers, or purchase agreements): None. Pro a Descri tion Buildin Area SF 2,887 SF 2 buildin s Source of Buildin Area Courthouse Site Size .47 Acres Zonin I-2 Gara a SFR Residence Year Built Various/Sta es Conformance to Zonin Yes-Granted A royal Remainin Econ. Life 30 Years Pro e T e Mixed Use-Gara a/Sho -Residence Qualit Avera a Current Use Mixed Use-Gara a/Sho -Residence Condition Avera a Occu anc owner vs. tenant % 50% Owner Home /50% Vacant-Sho Comments: (briefly describe physical, known hazards, legal, and economic characteristics relative to the valuation assignment): State of National Economy and 1,000 gallon underground fuel tank beneath garage/shop. Property is also located in flood plain with flood insurance recommended. Hi hest and Best Use It has been performed in accordance with Uniform Standards of Professional Appraisal Practice (USPAP). The Scope of the Assignment is such that: (1) The appraiser is assuring that the appraisal is not misleading, and (2) the Client has agreed that a restricted format would be appropriate for this particular assignment. The current use is consistent with the hi hest and best use of the roe Sales Com arison A roach An investigation of sales of similar properties was conducted in order to estimate the market value of the following subject. Following are sales comparisons. More detailed information may be attached. Characteristic Address Sub ect 153 Creek Road Com arable 1 409 A Street Com arable 2 110 4 Street Com arable 3 1312 Trindle Road Sale Date N/A 7/26/2007 2/27/2009 3/25/2008 Sale Price N/A $80,000 $70,000 $50,607 Price/SF N/A $34.86 $38.89 $36.15 SF 2,887 SF 2,295 SF 1,800 SF 1,400 SF Site Area .47 Acres .26 Acres .05 Acres .44 Acres Year Built Various/Sta es 1955 1970 1980 Use Mixed Use Mixed Use Mixed Use Mixed Use Other Overall Com arabili to Sub'ect Similar Similar Similar Analysis of Sales and Reconciliation: It is judged that all sales were similar to subject. Estimate of $35 per SF applied to subject equals $101,045, ROUNDED TO: $100,000 Final Value Estimate Date of Re ort Februa 5, 2010 Date of Ins action Februa 5, 2010 Effective Date of Value Februa 5, 2010 Interest A raised Fee Sim le Market Value "As Is" $100,000 Assi nment Conditions Identify/Describe relevant conditions/assumptions pertinent to the valuation assignment (e.g. access, title, legal, etc.) None Noted. Scope/Intended Use This CONCISE appraisal report is presented in a RESTRICTED format. The significant elements of scope incuded the following: Interior and exterior inspection of the subject property along with the collection, verification and analysis of sales/rental data. It is the appraiser's opinion that the scope of the research and analysis associated with this appraisal is adequate to produce a credible value contusion to serve the needs of the Client. This a raisal re ort is INTENDED for USE as an aid in a uisition, finantn ,loan Gassification and/or asset dis osition. The Client may include: Susquehanna Bank and its affiliates or subsidiaries, other partitpating financial institutions, governmental/non-govemmental agencies (i.e. SBA, CDC), legal counsel, or other transaction participants. The appraiser has considered and applied only the Sales Comparison Approach for the valuation of the subject property. The Income Approach, which may have been potentially supportive to the valuation, was not developed at the request of the Client. Certification I certify that, to the best of my knowledge and belief: 1. The statements of fact contained in this report are true and correct. 2. The reported analysis, opinions, and conclusions are limited only by the reported assumptions and limited conditions, and are my personal, impartial, and unbiased professional analyses, opinions, and conclusions. 3. I have no present or prospective interest in the property that is the subject of this report, and no personal interest with respect to the parties involved. 4. I have no bias with respect to the property that is the subject of this report or to the parties involved with this assignment. 5. My engagement in this assignment was not contingent upon developing or reporting predetermined results. 6. My compensation for completing this assignment is not contingent upon development or reporting of a predetermined value or direction in value that favors the cause of the Gient, 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 the appraisal. 7. This appraisal was not based on a requested minimum valuation, a spetfic valuation, or the approval of a loan. 8. My analyses, opinions, and contusions were developed, and this report has been prepared in conformity with the current edition of the Uniform Standards of Professional Appraisal Practice and FIRREA as of the date of the appraisal. 9. Currently, I have made a personal inspection of the property that is the subject of this report. 10. No one rovided si nificant rofessional assistance to the erson s assi nin this re ort. General Assumptions and Limiting Conditions This appraisal report has been made with the following general assumptions: 1. Title to the property is assumed to be good and marketable unless otherwise stated in this report. 2. The property is appraised as though flee and Gear of any or all liens and encumbrances unless otherwise stated in this report. 3. Responsible ownership and competent property management are assumed unless otherwise stated in this report. 4. All engineering is assumed to be correct. The plot plans and illustrative material in the report are included only to assist the reader in visualizing the property. 5. It is assumed that there are no hidden or unapparent conditions of the property, subsoil, or structure that render it more or less valuable. 6. It is assumed that there is full compliance with all applicable federal, state, and local environmental regulations and laws unless otherwise stated in this report. 7. It is assumed that all applicable zoning and use regulations and restrictions have been complied with, unless anon-conformity has been stated, defined and considered in the appraisal report. 8. It is assumed that all required licenses, certificates of occupancy consents, or other legislative or administrative authority from any local, state, or national govemmental or private entity or organization have been or can be obtained or renewed for any use on which the value estimates contained in the report are based. 9. The appraiser is not qualified to detect hazardous waste and/or toxic materials. Such determination would require investigation by a qualified expert in the field of environmental assessment. The presence of substances such as asbestos, urea-formaldehyde foam insulation or other potentially hazardous materials may affect the value of the property. The appraiser's value estimate is predicated on the assumption there is no such material on or in the property that would cause loss in value unless otherwise stated in this report. No responsibility is assumed for any environmental conditions or for any expertise or engineering knowledge required to discover them. The appraiser's descriptions and resulting comments are the result of the routine observations made during the appraisal process. 10. Unless otherwise stated in this report, the subject property is appraised without a specific compliance survey having being conducted to determine if the property is or is not in compliance with the requirements of the Americans with Disabilities Act. The presence of architectural and communications barriers that are structural in nature that would restrict access by disabled individuals may adversely affect the value, marketability, or utility. 11. The Gient requires that you are aware of and comply with all confidentiality and privacy laws and regulations applicable to this engagement. Unless otherwise designated otherwise, all information provided to you for this engagement whether related to the Bank or its customer(s) should be treated as non-public and confidential. Definition of Market Value "Market Value" means the most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller each acting prudently and, knowledgeable, and assuming the price is not affected by undue stimulus. Implicit in the definition is the consummation of a sale as of a spetfied 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 acting in what they consider to be their own best interest; 3. A reasonable time is allowed for exposure in the open market; 4. Payment is made in terms of cash in U.S. dollars or in terms of financial arrangements comparable thereto; and 5. The price represents a normal consideration for the property sold unaffected by spetal or creative finantng or sales concessions granted by anyone associated with the sale. ~ James Sprague ~""`~' ~ GA-001549-L February 8, 2010 Addenda Items Addenda Items Subject Map ~~~~~~. ~Mc~ ~ 2~0 m ,. _ ,; 60~ ft y+~ E # ~.,. ,+w. ~: .. >. C.7:f"13 .. r'~T'Eit7'; 07173) . i f-~ ~ y. Y t ! i3 fit. q _ iif ,,-~ ~ ~~ ~~ . ... ;.. .. x-37 i~~ ~`~~' ,. ~~~ ~ ~~ ' ~, ~~~, ~ .. ~~r~r~rs ~E~6 _ ~ ~ Lovarer AIEer~ ~.~~ .. , w,,, _. ~ , ,~ ~E ~ . ~:' .. ~ , ~' .. ~` ~ ~. ' ti r £., e . ~ ~~r. .... ':.: .... ~.. , .._.- is ..... . ~~~'' , [J ?`~ t~~ ,, ; 4~~ttt~~ ' ' , ~ ~. ~3E"~4~1 ~~fl~ ~a~'tt'P~ r -. . ,.' "~ ~. ~ - ~ ,r at .. ~ !"' `~ .. ^ ' /0. ... . :...~y ... I' M+~y/}~~6y ]F~ +L1TU D' i~Li~1J~ul 7~V. ~ ..: ~a~ ~ ':. .. iN1iR#} L~~'~L~ BH" C.qJ~°~ F~E:i"~Y R FiYlr...: ~'~.x Vlti~~f'iEkr .~.~ ,, Addenda Items ~: CalC~111[~lkt~)~~~Tt~lt~t_O~ F'~1ns~iva~li~l Q ~- ~ J~ $ d ~ ~ ~ ~ Buy eau v~ ~'rof~s:~ioual'~tnd C,#ecup~fiiQU.~I A,fl'~irs c Pf} Box ~ 9 `1~~rris~iu r~ : A 2 7' 1 t~5-~G49 ~ ~`ea-tiFc~te '~vp~ ,. - , ~ ~~a•tilic~~~e ~~~t~.~s ~ . ` ~ C~rtif~ed GeneraE ApRragser _ Active ^_ tniti.al +~'er>~rcaltc~n ~ats~ '[21'[ 7!"1997" ~ JAMBS W SPRAGUE C'~~tiFcat~ 1916 BRAIILEY DR Nnm>~er FtARRlSB~JRG PA 171111: E o- G~t~D1549L E~:p1~r~t~tn .3~t+ P _ : ~ c~si~orzt~~ ~r` "~ 3 ~'. /r ~ -.. .. t / 7f/.PN ~ ~ ' 4 ~ ~ ~ ' ' .' F`M £~". ~ pct ~;Ernt~ti~.r.icru~r ~~f f ;ttfGesi~rtxt acid: Ckcu~ati~~[ial ~~ f~~irs ~ ~ ~ • Invoice #153 Creek To: Jessie Wilson/Robert Bair Property: 153 Creek Road, Camp Hill, Cumberland County, PA Fee: $500 Date: February 8, 2010 Capital Property Consultants 1916 Bradley Drive Harrisburg, PA 17110 ~J' l.~ r C%