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15056071120 REV-1500 EX 06-05 PA Department of Revenue ~ ~ OFFICIAL USE ONLY County Code Year File Number Bureau of Individual Taxes INHERITANCE TAX RETURN PO 60X.280601 21 0 9 0 6 7 9 Harrisburg, PA 17128-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 174 20 6633 07 13 2009 06 09 1925 Decedent's Last Name STITES (If Applicable) Enter Surviving Spouse's Information Below Suffix Decedent's First Name GLORIA Spouse's Last Name Suffix Spouse's First Name 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 4. Limited Estate ~ 4a. Future Interest Compromise (date of death after 12-12-82) 6 Decedent Died Testate (Attach Copy of Will) ~ ~ Decedenr]t Maintained a Living Trust (Attach Gopy of Trust) MI B MI 3. Remainder Return (date of death prior to 12-13-82) 5. Federal Estate Tax Return Required 8. Total Number of Safe Deposit Boxes 9. Litigation Proceeds Received ~ 10. spousal P vertu Credit (date of death ~ 11. Election to tax under Sec. 9113(A) between 1~1-31- 1 and i-t-95) (Attach SCh. O) CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number JEFFREY R. BOSWELL, ESQUIRE 717 236 9377 Firm Name (If Applicable) BOSWELL, TINTNER & PICCOLA First line of address 315 N. FRONT STREET Second line of address P. O. BOX 741 City or Post Office HARRISBURG State ZIP Code PA 17108-0741 e..r1 ~_., Correspondent's a-mail address: lboswell@btpalaw.com 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. Jeffrev R. Boswell ~~/~Y/~!O 315 N. Front Street. Harrisburg. PA 17108-0741 SIGNATURE OF PREPARER OTH R THAN REPRESENTATIVE DAT „(/t__^ Jeffrey R. Boswell, Esquire o3~Os/ ~LO~O ADDRESS 315 N. Front Street, Harrisburg, PA 17108-0741 Side 1 15056071120 15056071120 REGISTER OF WILLS US~NLY r~ ---_ -: c~ ~'' -: ~ - :~ -~ _., ,_r, ~ `_. - -mot = C?~,, :~: DATA ~ ED -- 15056072120 REV-1500 EX oeoedent'sName: GlOrla B. Stites Decedent's Social Security Number 1 74 20 6633 RECAPITULATION 263,000.00 1. Real Estate (Schedule A) ..................................................................................... .. 1. 4,480.20 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. 189,097.58 5• Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) ............. .. 5. 6. Jointly Owned Property (Schedule F) ^ Separate Billing Requested........... . 6. 7. Inter-Vivos Transfers 8 Miscellaneous I~oq Probate Property 2 0 , 4 0 3.17 (Schedule G) u Separate Billing Requested........... . 7, 8. Total Gross Assets (total lines 1-7) ................................................................... .. 8. 476,980.95 47,645.41 9. Funeral Expenses & Administrative Costs (Schedule H) ..................................... .. 9. 9,362.15 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) ............................ .. 10. 57,007.56 11. Total Deductions (total Lines 9 & 10) ................................................................. .. 11. 12• Net Value of Estate (Line 8 minus Line 11) ........................................................ .. 12. 419,973.39 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which 5 , 0 0 0 . 0 0 an election to tax has not been made (Schedule J) ............................................. .. 13. 414,973.39 14. Net Value Subject to Tax (Line 12 minus Line 13) ............................................. .. 14. 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 414 , 973 .39 1s. at lineal rate X .045 17. Amount of Line 14 taxable 0 Q Q at sibling rate X .12 , 17. 18. Amount of Line 14 taxable 0 0 0 at collateral rate X .15 ' 18. 19. Tax Due ................................................... .............................................................. . 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. Side 2 15056072120 0.00 18,673.80 0.00 0.00 18,673.80 15056072120 J REV-1500 EX Page 3 Decedent's Complete Address: File Number 21-09-0679 DECEDENT'S NAME Gloria B. Stites STREET ADDRESS 103 Poplar Street CITY Summerdale STATE PA ZIP 17093 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount InteresUPenalty if applicable p. Interest E. Penalty 0.00 Total Credits (A + B + C) (1) 18,673.80 (2) 0.00 Total InteresUPenalty (D + E) If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 2 Line 20 to request a refund If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. q. Enter the interest on the tax due. g. Enter the total of Line 5 + 5A. This is the BALANCE DUE. Make Check Payable to: REGISTER OF WILLS, AGENT (3) (4) (5> 18,673.80 (5A) (5B> 18,673.80 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 :............................................................................... ^ ^x b. retain the right to designate who shall use the property transferred or its income :.................................. ^ ^x c. retain a reversionary interest; or ............................................................................................................... ^ ^x d. receive the promise for life of either payments, benefits or care? ............................................................ ^ ^x 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? .................................................................................................................... ^ 0 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? .................................................................................................................. ^x ^ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. For dates of death on or after 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 exemot a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is zero (0) percent [72 P.S. §9116 (a) (1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is four and one-half (4.5) percent, except as noted in 72 P.S. §9116 1.2) [72 P.S. §9116 (a) (1 )]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is twelve (12) percent [72 P.S. §9116 (a) (1.3)]. A sibling is defined under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. Rev-1502 EX+ (71 8) SCHEDULE A REAL ESTATE COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAx RETURN RESIDENT DECEDENT ESTATE OF (FILE NUMBER Stites, Gloria B. 21-09-0679 All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts. Real property which is joinUy4wned with right of survivorship must be disclosed on schedule F. Attach a copy of the settlement sheet if the property has been sold Include a copy of the deed showing decedent's interest if owned as tenant In common. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 Real Estate -103 Poplar Street, Summerdale, Cumberland County, PA 17093, Tax 143,000.00 Parcel No. 09-12-2995-098 (appraisal attached) 2 Real Estate -Valley Street ,Summerdale, Cumberland County, PA, Tax Parcel No. 120,000.00 09-12-2995-100 (appraisal attached) TOTAL (Also enter on Line 1, Recapitulation) I 263.000.00 (If more space is needed, additional pages of the same size) Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule A (Rev. 11-08) R6v-'1503 E1t+ (6-9tl/ SCHEDULE B STOCKS 8~ BONDS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Stites, Gloria B. 21-09-0679 All propertyjoindyowned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER CUSIP NUMBER DESCRIPTION UNIT VALUE VALUE AT DATE OF DEATH 1 o1s228ao2 324 shares of Allied Irish Bank - 324 shares common 3.915 1.268.46 2 370442105 20 shares of General Motors - 20 shares common 1.15 23.00 3 591568108 69 shares of MetLife, Inc. - 69.0000 shares common 28.575 1.971.68 4 United States of America -savings bonds 1.217.06 TOTAL (Also enter on Line 2, Recapitulation) 4.480.20 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule B (Rev. 6-98) Kev-roue ex+ Ib-as, COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY ESTATE OF (FILE NUMBER Stites, Gloria B. 21-09-0679 Include the proceeds of litigation and the date the proceeds were received by the estate. All property joinUyowned with the right of survivorship must tre disclosed on schedule F. ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1 Cash 13.55 2 M8T Bank -Checking Account No. 42688922 10.060.09 3 M8tT Bank -Savings Account No. 15004215200342 56.637.79 4 PA SERS -final payment to close account 78.03 5 PSECU -Checking Account No. S4 755.43 6 PSECU -Savings Account No. S1 1.277.78 7 PSECU -Money Market Account No. S7 96.955.97 8 1981 SP Constr Trailer -VIN TR49661 PA 0.00 9 1991 Ford Mallard Camper -VIN 1 FDKE30H3MHA10591: See Item 1 Appraisal 5.000.00 Report, Ibis Appraisal Services, dated September 20, 2009 attached, value as of July 13, 2009 10 2002 Oldmobile Sedan -VIN 1G3WS52H52F144776: See Kelly Bluebook appraisal 3.885.00 attached, value as of July 13, 2009 11 Coins and Currency -See Items 1-56, Appraisal Report, Ibis Appraisal Services, 1.874.06 value as of September 7, 2006, and July 13, 2009 12 Firearms -See Items 57-59, Appraisal Report, Ibis Appraisal Services, value as of 1.020.00 September 7, 2006, and July 13, 2009 13 Personal Property -See Appraisal Report, Ibis Appraisal Services, dated Septembe 8.991.00 20, 2009 (Item 1 excluded), value as of July 13, 2009 Total of Continuation Schedule See attached page TOTAL (Also enter on Line 5, Recapitulation) 189.097.58 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule E (Rev. 6-98) ~9V-1508 EJL+ (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY continued ESTATE OF (FILE NUMBER Stites, Gloria B. 21-09-0679 ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 14 Avalon Insurance -insurance refund 44.60 15 Capital Blue Cross -insurance refund 745.23 16 Erie Insurance Group -homeowner insurance refund 124.00 17 Giant Food Store -refund 15.52 18 Internal Revenue Service - 2008 tax refund 907.00 19 U. S. Treasury -1040/2009 income tax refund 701.00 20 Verizon -refund 11.53 TOTAL (Also enter on Line 5, Recapitulation) I 189.097.58 Coovripht (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule E (Rev. 6-98) 2ev-7570 EX+ (6-98) SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF (FILE NUMBER Stites, Gloria B. 21-09-0679 This schedule must be completed and filed if the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes. ITEM NUMBER DESCRIPTION OF PROPERTY THE DATE OF TRANSFERSATTACIiTA COPY OF THE DEIED OR REEAL ESTATE. DATE OF DEATH VALUE OF ASSET %OF DECD'S INTEREST ( EXCLUSION IF APPLICABLE) TAXABLE VALUE 1 PSECU -IRA Certificate No. S51 20.403.17 100.000% 20.403.17 TOTAL (Also enter on Line 7, Recapitulation) 20.403.17 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule G (Rev. 6-98) REV-1151 EX+ (10A8N) ~q p~ ENNg COM INHEgTAN(~ TAX RETURNANIA R IDEN DE ED N SCHEDULE H FUNERAL EXPENSES 8~ ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER Stites. Gloria B. 21-09-0679 Debts of decedent must be reported on Schedule I. ITEM DESCRIPTION AMOUNT A, FUNERAL EXPENSES: See continuation schedule(s) attached B. 1 ADMINISTRATIVE COSTS: Personal Representative's Commissions Name of Personal Representative(s) Jeffrey R. Boswell Street Address 315 N. Front Street city Harrisburg State PA zip 17101 Year(s) Commission paid 2010 2. Attorney's Fees Boswell, Tintner 8c Piccola 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address Cit State Zio 7,049.62 10,000.00 20,200.00 Y Relationship of Claimant to Decedent 4. Probate Fees 490.00 5. Accountant's Fees 6. Tax Return Preparer's Fees BO$Well, Tintner 8~ Piccola 675.00 7. Other Administrative Costs 9,230.79 See continuation schedule(s) attached TOTAL (Also enter on line 9, Recapitulation) 47,645.41 Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 10-06) SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS continued ESTATE OF FILE NUMBER Stites, Gloria B. 21-09-0679 ITEM NUMBER DESCRIPTION AMOUNT Funeral Expenses 1 Amy S. MacAdam -funeral meal 122.62 2 Richardson Funeral Home -funeral 6.927.00 H-A 7.049.62 3 Other Administrative Costs Amy S. MacAdam -reimbursement for trash removal 315.00 4 Amy S. MacAdam -reimbursement for mold problem 50.00 5 Amy S. MacAdam -reimbursement for cleaning supplies 118.20 6 Blue Mountain Lawn Maintenance -mowing and lawn care 1.139.50 7 Blue Mountain Lawn Maintenance -mowing and lawn care 159.00 8 Boswell, Tintner 8 Piccola -disbursements 200.00 9 Boswell, Tintner &Piccola -closing costs 700.00 10 Brunner's Service Center -vehicle maintenance 37.05 11 Central Penn Business Journal -legal advertising 115.00 12 Colestock Appraisal Services -real estate appraisal 300.00 13 Cumberland County Register of Wills -short certificates 12.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98) SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS continued ESTATE OF FILE NUMBER Stites, Gloria B. 21-09-0679 ITEM NUMBER DESCRIPTION AMOUNT 14 Cumberland County Register of Wills -short certificates 12.00 15 Cumberland Law Journal -legal advertising 75.00 16 Doug E. Tuttle -safety items/trash removal 367.50 17 Doug E. Tuttle -safety itemsltrash removal 195.00 18 Doug E. Tuttle -plumbing repairs 270.00 19 Duty's Lock, Safe 8~ Security, Inc. -change locks 110.79 20 East Pennsboro Township -water/sewer 115.00 21 East Pennsboro Township - waterlsewer 115.00 22 Ehrlich 196.10 23 Erie Insurance Group -car insurance 737.00 24 Erie Insurance Group -homeowner's insurance 25 Foremost -homeowner's insurance 26 Ibis Appraisal Service -personal property appraisal 27 Jennifer Bible - 30 hours @ $15 -document organization, trash removal, cleaning 28 Jennifer Bible - 48 hours @ $15 -cleaning mold, water remediation, document and personal property organization 29 Mark Heckman Real Estate Appraisers -real estate appraisal 247.00 852.00 750.00 720.00 450.00 600.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98 SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS continued ESTATE OF FILE NUMBER Stites, Gloria B. 21-09-0679 ITEM DESCRIPTION AMOUNT NUMBER 30 PA Vital Statistics -death certificates 54.00 31 Sadler Oil 32 Sovereign Bank -checkbook fee 199.90 18.75 H-B7 9.230.79 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98) Rev-1512 EX+ (12 8) SCHEDULE 1 DEBTS OF DECEDENT, MORTGAGE LIABILITIES, 8~ LIENS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Stites, Gloria B. 21-09-0679 Report debts incurred by the decedent prior to death that remained unpaid at the date of death, including unreimbursed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 AT8rT -final payment 38.68 2 AT8rT -July 16.45 3 Avalon Insurance -insurance premium 44.60 4 Boswell, Tintner 8r Piccola -Attorney Fees -pre-death 2.286.00 5 Capital Blue Cross -insurance premium 122.17 6 Capital Blue Cross -insurance premium 122.17 7 Capital Blue Cross -insurance premium 122.17 8 Capital Blue Cross -insurance premium 122.17 9 Capital Blue Cross -insurance premium 134.38 10 Capital Blue Cross -insurance premium 122.17 11 Comcast -final payment 12.01 12 Comcast -August 57.08 13 Debbie Lupold, Treasurer - 2009 real estate taxes 1.032.22 14 Debbie Lupold, Treasurer - 2009 real estate taxes 503.45 15 East Pennsboro Township -water/sewer 126.50 16 MSHMC Physicians Group 189.00 17 Pennsylvania Water Company -August 26.07 Total of Continuation Schedule See attached page TOTAL (Also enter on Line 10, Recapitulation) 9,362.15 (If more space is needed, additional pages of the same size) Coovriaht (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule I (Rev. 12-08) Rev-1512 EX+ (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE 1 DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS continued ESTATE OF (FILE NUMBER Stites, Gloria B. 21-09-0679 ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 18 Pennsylvania Water Company -September 20.37 19 Pennsylvania Water Company -October 55.24 20 Pennsylvania Water Company -November 43.00 21 Pennsylvania Water Company -December 22.33 22 PPL Electric -October 67.04 23 PPL Electric -September 79.01 24 PPL Electric -August 51.02 25 PSECU Visa -credit card 3.803.40 26 PSECU Visa -credit card -final payment 91.12 27 Verizon -July 25.70 28 Verizon -August 26.63 TOTAL (Also enter on Line 10, Recapitulation) I 9.362.15 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule I (Rev. 6-98) REV-1513 EX+ (9 0) ~~~~7',q~,LN~E ,q~ERE COM INHRESIDENT DECEDEN~RN ANIA SCHEDULE J BENEFICIARIES ESTATE OF FILE NUMBER Stites, Gloria B. 21-09-0679 NAME AND ADDRESS OF RELATIONSHIP TO DECEDENT SHARE OF ESTATE AMOUNT OF ESTATE NUMBER PERSON(S) RECEIVING PROPERTY (Words) ($$$) I TAXABLE DISTRIBUTIONS [include outright spousal ~ distributions, and transfers under Sec. 9116 a 1.2 1 Alison C. MacAdam Granddaughter 35% of 813 Wertzville Road residuary Enola, PA 17025 estate 2 Amy S. MacAdam Daughter 30% of 2nd Street residuary P. O. Box 13 estate Summerdale. PA 17093 3 Jonathan MacAdam Grandson 35% of P. O. Box 1191 residuary Fort Drum, NY 13602 estate Total 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 See continuation schedule(s) attached 5,000.00 TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET 5,000.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule J (Rev. 6-98) SCHEDULE J-11B CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS continued ESTATE OF (FILE NUMBER Stites. Gloria B. _ 21-09-0679 ITEM NUMBER East Pennsboro Area School District DESCRIPTION 2 I Emmanuel United Methodist Church, Enola, PA 3 I Historical Society -East Pennsboro AMOUNT 500.00 4.000.00 500.00 Subtotal ~ 5.000.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule J-IIB (Rev. 6-98) INVENTORY REGISTER OF WILLS OF CUMBERLAND COUNTY, PENNSYLVANIA COMMONWEALTH OF PENNSYLVANIA BOUNTY OF Cumberland } SS File Number 00679 Jeffrey R. Boswell Personal Representative(s) of the Estate of Gloria B. Stites deceased, depose(s) and say(s) that the items appearing in the following inventory include all of the personal assets wherever situate and all of the real estate in the Commonwealth of Pennsylvania of said Decedent, that the valuation placed opposite each item of said inventory represents its fair value as of the date of the decedent's death, and that Decedent owned no real estate outside of the Commonwealth of Pennsylvania except that which appears in a memorandum at the end of this inventory. I verify that the statements made in this Inven- Cory are true and correct. I understand that false state- Jeffrey R. Boswell ments herein are made subject to the penalties of 18 Pa.C.S. § 4904 relating to unsworn falsification to authorities. Attorney -- (Name) Jeffrey R. Boswell, Esquire (Supreme Court I.D. No.) 25444 (F~) Boswell, Tintner 8 Piccola (Address) 315 N. Front Street, Harrisburg, PA 17108-0741 (Telephone) 717-236-9377 DATE OF DEATH LAST RESIDENCE 103 Poplar Street DECEDENT'S SOC. SEC. NO. 0711312009 Summerdale, PA 17093 174-20-6633 FIGURES MUST BE TOTALED ~ Personal Prooertv Cash ............................................................................................... Personal Property ........................................................................ StockslListed ................................................................................ StockslClosely Held ..................................................................... Bonds ............................................................................................ Partnerships and Sole Proprietorships ..................................... Mortgages and Notes Receivable ............................................... All Other Property ........................................................................ Total Personal Property ........................................ Total Real Property ................................................ 168,327.52 20,770.06 3,263.14 1,217.06 193,577.78 263,000.00 Total Personal and Real Property ........................ 456,577.781 NOTE: The Memorandum of real estate outside the Commonwealth of Pennsylvania may at the election of the personal representative include the value of each item, but such figures should not be extended into the total of the Inventory. (See'20 Pa. C.S. § 3301(b)) Fnrm RW-09 Rev. 10.13-2006 r ." ~ (~ ~~ )<.AST WILL OF GLORIA B. STTTES Jeffrey R. Boswell, Esquire Boswell, Tintner & Piccola 315 N. Tront Street P. O. Box 741 ~•~ //~~ ~.. _ l-l LCD 1 ~ ~ `. l ~4y ~ j ' ' i - -~"n w ~~ ~- N, -' - -- ~,"- ._`~ ~~ --r - ;~ N Harrisburg, Pennsylvania 17108-0741 (717) 236-9377 LAST ~'VILL AND TESTAMENT OF GLORIA B. STITES Introductory Clause. I, GLORIA B. STITES, a resident of and domiciled in the Township of East Pennsboro, County of Cumberland and Commonwealth of Pennsylvania, do hereby make, publish and declare this to be my Last Will and Testament, hereby revoking all Wills and Codicils at any time heretofore made by me. I have one living child: An2~' S. M.aCA~AM. ITEM I Direction to PaS~ Debts. I direct that all my legally enforceable debts, secured and unsecured, be paid as soon as practicable after my death. I TEI\~I II Direction to Pay All Taxes from Residuary Estate. I direct that all estate, inheritance, succession, death or similar taxes assessed with respect to my estate herein disposed of, or any part dlereof, or on any bequest or devise contained in this my Last Will (which tern wherever used herein shall include any Codicil hereto), or on any insurance upon my life or ou any property held jointly by me with another or on any transfer made by me during my lifetime or on any other property or interests in property included in my estate for such tax purposes be paid out of my residuary estate and shall not be charged to or against any recipient, beneficiary, transferee or owner of any such property or interests in property included in my estate for such tax purposes. I further direct that any estate, inheritance, succession, death or similar taxes so paid from my residuary estate, shall not be charged or apportioned to my stated charitable gifts or bequests to diminish the value of the specified gifts to charities. ITEM III Bequest of Specific Item of Personal Effects. I give and bequeath my household contents and specific items of personal property, excluding motor vehicles, to my daughter, Amy S. MacAdam, my granddaughter, Alison C. MacAdam, and my grandson, Jonathan MacAdam, by each one making a selection of a specific item, in order, first by my daughter, Amy S. MacAdam, then by my granddaughter, Alison C. MacAdam, and then by my grandson, Jonathan MacAdam, repeating this election as many times as necessary. I direct that specific items, that have not been selected by them and that have an appraised value of at least Ten and 00/100 ($10.00) Dollars, shall be sold at private or public sale, with any net proceeds to be added to my residuary. I further direct that any item that is not selected or sold shall be donated to Goodwill Industries of Central Pennsylvania, or other charity, as determined by my Executor. I further direct that if my issue do not agree to the division of the personal property among themselves, as I have directed, my Executor may make such division among them, and, thereafter, shall sell Last Will and Testament of Gloria B. Stites Pee I specific items or shall donate any remaining items to charity, with the decision of my Executor to be in all respects binding upon my issue. ITEM IV Cash Legacy to Charity. I give and bequeath to the EAST PENNSBORO AREA SCHOOL DISTRICT, or its successor, the sum of Five Hundred Dollars ($500.00) for alumni activities, as directed by the Enola/East Pennsboro High School Alumni Association. ITEM V Cash Legacy to Charity. I give and bequeath to the EMMANUEL UNITED METHODIST CHRUCH, ENOLA, PA, or its successor, the sum of Four Thousand Dollars ($4,000.00) for such uses and purposes as its governing board shall deem necessary and advisable. ITEM VI Cash Legacy to Charity. I give and bequeath to the HISTOKICAL SOCIETY or E~sr PENNSBORO, ENOLA, PA, or its successor, the sum of Five Hundred Dollars ($500.00) for such uses and purposes as its governing board shall deem necessary and advisable. ITEM VII Specific Devise of Residential Property and Ga~°age. I give and devise to my daughter, Arty S. MACADAA~t, if she shall survive me, any interest which I own at the time of my death in m}~ residence, the real property that is located at 103 Poplar Street, Summerdale, Cumberland County, Penrisylvania, as well as my real property that is improved with a garage and a shed that is located along the stated Poplar Street, across from my residence. ITEM VIII Outright Gift of Residuary. I give, devise, and bequeath all the rest, residue, and remainder of my property of every kind and description (including lapsed Iegacies and devises) wherever situate and whether acquired before or after the execution of this Will, as follows: A. Amy S. MacAdam - 30%; B. Alison C. MacAdam - 35%; and C. Jonathan MacAdam - 35%. [f my daughter or either of my grandchildren shall not survive me, the issue of my daughter or °ither grandchild surviving me, shall take per stirpes the share my daughter or either of my grandchildren would have taken had my daughter or either grandchild survived me. .ast Will and Testament of Gloria B. Stites Pale 2 1'1'El~l 1X Naming the Executor, Executor Succession, Executor's Fees and Other Matters. The provisions for naming the Executor, Executor succession, Executor's fees and other matters are set forth below: (I) Naming an Individual Executor. I hereby nominate, constitute and appoint as Executor of this my Last Will and Testament .TEFFREY R. Bosw~LL, and direct that he shall serve without bond. (2) Naming Individual Successor or Substitute Executor. If my individual Executor should fail to qualify as Executor hereunder, or for any reason should cease to act in such capacity, the successor or substitute Executor who shall also serve without bond shall be . (3) Final Succession If Individual Successor Executor Cannot Act. If my individual successor Executor should fail to qualify as Executor hereunder, or for any reason should cease to act in such capacity, then the successor or substitute Executor who shall also serve without bond shall be MANUFACTURERS AND TRADERS TRUST COMPANY. (4) Fee Schedule for Individual Cxecutor. For its services as Executor, the individual Executor shall receive reasonable compensation for the services rendered and reimbursement for- reasonable expenses. (5) Fee Schedule for Corporate Executor. For its services as Executor, the corporate Executor shall receive reasonable compensation for the services rendered and reimbursement for reasonable expenses. (6) Change in Corporate Fiduciary. Any corporate successor to the trust business of the corporate fiduciary designated herein or at any time acting hereunder shall succeed to the capacity of its predecessor without conveyance or transfer. ITEM X Definition of Executor. Whenever the word "Executor" or any modifying or substituted pronoun therefor is used in this my Will, such words and respective pronouns shall include both the singular and the plural, the masculine, feminine and neuter gender thereof, and shall apply equally to the Executor named herein and to any successor or substitute Executor acting hereunder, and such successor or substitute Executor shall possess all the rights, powers and duties, authority and responsibility conferred upon the Executor originally named herein. Last Will and Testament of Gloria B. Stites Page 3 ITEM XI Powers for Executor. By way of illustration and not of limitation and in addition to any inherent, implied or statutory powers granted to Executors generally, my Executor is specifically authorized and empowered with respect to any property, real or personal, at any time held under any provision of this my Will: to allot, allocate between principal and income, assign, borrow, buy, care for, collect, compromise claims, contract with respect to, continue any business of mine, convey, convert, deal with, dispose of, enter into, exchange, hold, improve, incorporate any business of mine, invest, lease, manage, mortgage, grant and exercise options with respect to, take possession of, pledge, receive, release, repair, sell, sue for, to make distributions or divisions in cash or in kind or partly in each without regard to the income tax basis of such asset, and in general, to exercise all the powers in the management of my Estate which any individual could exercise in the management of similar property owned in his or her own right, upon such terms and conditions as to my Executor may seem best, and to execute and deliver any and all instruments and to do all acts which my Executor may deem proper or necessary to carry out the purposes of this my Will, without being limited in any way by the specific grants of power made, and without the necessity of a court order. ITEM XII Provision for Executor to Act as Trustee for Beneficiary Under Age Twenty-One. If any share or property hereunder becomes distributable to a beneficiary who has not attained the age of Twenty-one (21) years or if any real property shall be devised to a person who has not attained the age of Twenty-one (21) years at the date of my death, then such share or property shall immediately vest in the beneficiary, but notwithstanding the provisions herein, my Executor acting as Trustee shall retain possession of the share or property in trust for the beneficiary until the beneficiary attains the age of Twenty-one (21), using so much of the net income and principal of the share or property as my Executor deems necessary to provide for the medical care, education, support and maintenance in reasonable comfort of the beneficiary, taking into consideration to the extent my Executor deems advisable any other income or resources of the beneficiary or his or her parents known to my Executor. Any income not so paid or applied shall be accumulated and added to principal. The beneficiary's share or property shall be paid over, distributed and conveyed to the beneficiary upon attaining age Twenty-one. (21), or if he or she shall sooner die, to his or her executors or administrators. Whenever my Executor determines it appropriate to pay any money for the benefit of a beneficiary for whom a mist is created hereunder, then the amounts shall be paid out by my Executor in such of the following ways as my Executor deems best: (1) directly to the beneficiary; (2) to the legally appointed guardian of the beneficiary; (3) to some relative or friend for the care, support and education of the beneficiary; (4) by my Executor using such amounts directly for the beneficiary's care, support and education; (5) to a custodian for the beneficiary under the Uniform Gifts or Transfers to Minors Act. My Executor as trustee shall have with respect to each share or property so retained all the powers and discretions conferred upon it as Executor. Last Will and Testament of Gloria B. Stites Page 4 ITEM XIII Discretion Granted to Executor in Reference to Tax Matters. My Executor as the fiduciary of my estate shall have the discretion, but shall not be required when allocating receipts of my estate between income and principal, to make adjustments in the rights of any beneficiaries, or among the principal and income accounts to compensate for the consequences of any tax decision or election, or of any investment or administrative decision, that my Executor believes has had the effect, directly or indirectly, of preferring one beneficiary or group of beneficiaries over others; provided, however, my Executor shall not exercise its discretion in a manner which would cause the loss or reduction of the marital deduction as may be herein provided. In determining the state or federal estate and income tax liabilities of my estate, my Executor shall have discretion to select the valuation date and to determine whether any or all of the allowable administration expenses in my estate shall be used as state or federal estate tax deductions or as state or federal income tax deductions. ITEM XIV Definitions of Family. The following definitions shall be used to define the family: (I) Definition of Children. For purposes of this Will, "children" means the la~~~ful blood dcsceiidants in the first degree of the parent designated; and "issue" and "descendants" mean the lawful blood descendants in any degree of the ancestor designated. The terms "child," "children," "issue," "descendant" and "descendants" or those terms preceded by the terms "living" or "then living" shall include the lawful blood descendant in the first degree of the parent designated even though such descendant is born after the death of such parent. (2) Definition of Per Stirpes. The term "per stirpes" as used herein has the identical meaning as the term "taking by representation" as defined in the Pennsylvania Probate Code. Testimonium Clause. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my seal this the ~ day of October, 2008. . ~ - .SEAL) GLORIA B. STITES Attestation Clause. The foregoing Will was this the o~ ~ day of October, 2008. signed, sealed, published and declared by the Testatrix as and for her Last Will and Testament in our presence, and we, at her request and in her presence, and in the presence of each other, have hereunto subscribed our names as witnesses on the above date. ~-,^~~7~K.,.-- o f Last Will and Testament of Gloria B. Stites Page `- PROOF OF WILL O M M O N W E A L T H O F ) PENNSYLVANIA Self-Proving Affidavit COUNTY OF DAUPHIN ) We, GLORIA B. STITES, and ___~_~_~_~_~~~e--_~~~~ and 2iW art FFL~,_,2. ,the Testatrix and the witnesses, respectively, whose names are signed to the attached or foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the Testatrix signed and executed the instrument as her Last Will and that she had signed willingly (or willingly directed another to sign for her), and drat she executed it as her free and voluntary act for the purposes therein expressed, and that each of the witnesses, in the presence and hearing of the Testatrix, and in the presence of each other, signed the Will as witness and to the best of our knowledge the Testatrix was at that time eighteen years of age or older, of sound mind, and under no constraint or undue influence. ~.y LORIA B. STITES Witness ~ , ~; `~ .~ Witness Subscribed, sworn to, and acknowledged before me by GLORIA B. STITES, the Testatrix and subscribed and sworn to before me w~J,viE L. I{~~RDY and ~~~ ~p ~, F~~~ ,witnesses, this the ~ day of October, 2008. _- ~~ (Seal) Notary Public for Pennsylvania My Commission Expires: ~~ ~~~ COMMIONWEALTH OF PENNSYLVANb1 NOTP,?!AL SEAL DENISE L. FOSTER, Notary Public City of Harrisburg, Daupttln County My Commission Expires h~ch 5, 2UA9 ~ aet Will and Testament of Gloria B. Stites Page (: THE CENTRAL PENN BUSINESS JOURNAL Proof of Publication Under the Pennsylvania Newspaper Advertising Act 45 Pa.C.S. X101, et seq. Commonwealth of Pennsylvania } SSJ County of Dauphin ~~~\p~ ~~ 0. Caro! Fees, being duly sworn according to law, deposes and says: That she is the Accountant of and duly authorized agent for JOURNAL PUBLICATIONS INC., a corporation organized and existing under the laws of the Commonwealth of Pennsylvania, with its principal office and place of business at 1500 Paxton Street, in the city of Harrisburg, County of Dauphin, State of Pennsylvania; that the THE CENTRAL PENN BUSINESS JOURNAL, a newspaper of general circulation distributed and circulated in Dauphin, Cumberland, Lancaster, Lebanon and York counties , is published by the said JOURNAL PUBLICATIONS INC. at 1500 Paxton Street, in the City, County and State aforesaid; and that THE CENTRAL PENN BUSINESS JOURNAL was established September 9th. 1984 and has been continually published ever since: That the printed notice or publication which is securely attached hereto is exactly as printed and published in the weekly editions/issues of the CENTRAL PENN BUSINESS JOURNAL which appeared on the 28`~ day(s) of August and the 4t1i and l Irh day(s) of September 2009. That neither she nor said Corporation is interested in the subject matter of said printed notice or advertising, and that all of the allegations of this statement as to the time, place and character of publication are true; and "Phis is a statement published by JOURNAL PUBLICATIONS :~ PUBLICATION NOTICE IS HEREBY GIVEN that the Register ( ^`~ _ _____ COPY of Wills has granted Letters Testamentary Carol Fees to the person named. All persons having claims or demands against the estate are requested to make known the claim or demand, and all persons indebted to the estate are requested to make payment, without delay, to the. Executor or to his attorney named below: The Estate of Gloria B. Stites, late of the Township of East Pennsboro, Cumberland County, Pennsylvania. Executor: Jeffrey R. Boswell 315 N. Front Street, P.O. Box 741 Harrisburg, PA 17108-0741 Attorney: Jeffrey R. Boswell, Esquire Boswell, Tintner &Piccola 315 N. Front Street, P.O. Box 741 Harrisburg, PA 17108-0741 S~~~orn to and subscribed before me this ~d~day ol~lK~~~i~~~"'~'""( 3009 A.D. ~~ , NOTARY UBLI NOTARIAL SEAL Heather Mane 8eshore NOTARY PUBLIC City of Mechanicsburg, Cumberland County M Commission Ex fires 0812212010 Publisher's Receipt for Advertising Cost JOURNAL PUBLICATIONS INC., publisher of the CENTRAL PENN BUS[NESS JOURNAL, newspaper of general circulation, distributed and circulated in Dauphin.. Cumberland, Lancaster, Lebanon and York counties, hereby acknowledges receipt of the aforesaid notice and publication costs and certifies that the same have been duly paid. 'THE CENTRAL PENN BUSINESS JOURNAL Re: Esta[e of Gloria B. Stites gy Boswell, Tintner &Piccola 315 North Front Street P.O. Box 741 Harrisburg, PA 1 7 1 08-0 741 Attention: Jeffrey R. Boswell (~,~~~\ ~,~~ PROOF OF PUBLICATION OF NOTICE IN CUMBERLAND LAW JOURNAL (Under Act No. 587, approved May 16, 1929), P. L.1784 COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND ss. Lisa Marie Coyne, Esquire, Editor of the Cumberland Law Journal, of the County and State aforesaid, being duly sworn, according to law, deposes and says that the Cumberland Law Journal, a legal periodical published in the Borough of Carlisle in the County and State aforesaid, was established January 2, 1952, and designated by the local courts as the official legal periodical for the publication of all legal notices, and has, since January 2, 1952, been regularly issued weekly in the said County, and that the printed notice or publication attached hereto is exactly the same as was printed in the regular editions and issues of the said Cumberland Law Journal on the following dates, VIZ: September 4, September 11 & Se tember 18 2009 Affiant further deposes that he is authorized to verify this statement by the Cumberland Law Journal, a legal periodical of general circulation, and that he is not interested in the subject matter of the aforesaid notice or advertisement, and that all allegations in the foregoing statements as to time, place and character of publication are true. r- ti ~: Lis Marie Coyne, E itor SWORN TO AND SUBSCRIBED before me this I8 da o~ September 2009 .. C~ L . ~ ~~' Stites, Gloria B., deed. - NOtar Late of the Township of East ~' Pennsboro. Executor: Jeffrey R. Boswell, 315 N. Front Street, P.O. Box 741, Harrisburg, PA 17108-0741. Attorneys: Jeffrey R. Boswell, __ Esquire, Boswell, Tintner 8v Pic- P`lOTARIAL SEAL ~~ cola, 315 N. Front Street, P.O. Box L~EGORAH A COLLI~JS 741, Harrisburg, PA 17108- t`lotar ?ublic 0741. ~ Y ' ' CprLi~LE BORO, CUM1.iaERLAs'~L7 COUNTI` ~ My ~'or~m pion Expires Apr 28, 201(7 © M&TB~ank 499 Mitchell Road, Millsboro, DE 19966 Mail Code DE-MB-12 Phone (888)502-4349 Fax (302)934-2955 August 7, 2009 Boswell, Tintner & Piccola Counselors At Law 315 North Front Street P.O. Box 741 Harrisburg, PA 17108-0741 Re: Estate of Gloria B. Stites Social Security: 174-20-6633 Date of Death: July 13, 2009 Dear Sir or Madam: Per your inquiry dated July 13, 2009, please be advised that at the time of death, the above-named decedent had on deposit with this bank the following: Type of Account Checking Account Account Number 42688922 Ownership (Names o~ Gloria B Stites* Opening Date 2/28/85 Balance on Date of Death $ 10, 060.04 Accrued Interest $ 0.05 Total $ 10, 060.09 2. Type of Account Savings Account Account Number 15004215200342 Ownership (Names o~ Gloria B Stites Opening Date 8/01/08 Closed 7/29/09 Balance on Date of Death $ 56,634.10 Accrued Interest $ 3.69 __ ___ Total $ 56, 637.79 Please be advised, there was no safe deposit box found for the above decedent. * If upon reviewing the information above, you believe there are additional accounts not referenced, please provide us with an account number and/or name of any possible joint account holder. For any additional information on the above accounts, including ownership and any changes, closures and/or reimbursement of funds, etc., please contact our Summerdale Plaza Office # 717-255-2261. Sincerely, _ _ n [~ ~IC~ IV ~..J / ~~-{~- `Z-tee------ Tracie Hare Adjustment Services PSEC~ August 5, 2009 Boswell, Tintner & Piccola Counselors at Law 315 North Front Street P.O. Box 741 Harrisburg, PA 17108-0741 Re: Gloria B Stites, Deceased. Account # 0174206633 Dear Ms. Stites The account was opened on April 12, 1985. The Share accounts were held solely by Gloria B. Stites. The loans were held solely by Gloria B. Stites. The following are the Date of Death Balances for Ms. Stites' account with PSECU: Account Date of Death Balances Interest -July 1-13 Savings (SI) $ 1,277.55 $ 0.23 Checking (S4) $ 755.40 $ 0.03 Money Market (S7) $ 96,919.72 $ 36.25 IRA Certificate (S51) $ 20,370.40 $ 32.77 There were no withdrawals from Ms. Stites's Share accounts Loans: Personal Service Loan (L1) $ 0.00 Visa Loan (L9) $ 3,738.16 Visa activity, after her death but before our notification of her passing, added an additional $110.82 to her Visa's date of death balance. The IRA department will release those funds to the beneficiaries of her IRA Certificate. If you have any questions, please contact me at (717) 234-8484 or toll-free at (800) 237-7328, then press 6, extension 3120. S' erely, f.. , Roxanna M s Service Advisor PSECU ~)t; Pennsylvania State Employees Credit Union Main Address: 1 Credit Union Place, Harrisburg, PA 1 71 1 0-2990 • 717.234.8484 • 800.237.7328 Mailing Address: PO. Box 67013, Harrisburg, PA 1 71 06-701 3 • 71 7.777.2100 (TDD) • 800.472.1967 (TDD) psecu.com This credif union is federally insured by the National Credit Union Administration. Equal OooorTunity Lender Calculated Value of Your Paper Savings Bond(s) Calculated Value of Your Paper Savings Bond(s) Calculator Results for Redemption Date 10/2009 Page 1 of 2 i~~°~u; '~`:~9~1e , ~.st=§! f .,fit.:; ~.~;_,~. $1,000.00 $1,217.06 $217.06 $28.40 Bonds: 1-40 of 40 .. _,.:. 8_P 3'4, :; ~S`: i.# ~.: c3: 7w~c~~l.dF 1~`q, r'"s~9 "..; -_ _ ,.... .. L644368189EE EE $50 01/2008 11/2009 01/2038 $25.00 $1.14 3.00% $26.14 P5 L644368188EE EE $50 01/2008 11/2009 01/2038 $25.00 $1.14 3.00% $26.14 P5 L638352482EE EE $50 12/2006 11/2009 12/2036 $25.00 $2.42 3.60% $27.42 P5 L638352483EE EE $50 12/2006 11/2009 12/2036 $25.00 $2.42 3.60% $27.42 P5 L613569642EE EE $50 11/2005 11/2009 11/2035 $25.00 $3.08 3.20% $28.08 P5 L613569643EE EE $50 11/2005 11/2009 11/2035 $25.00 $3.08 3.20% $28.08 P5 L606964201EE EE $50 10/2004 11/2009 10/2034 $25.00 $4.82 1.64% $29.82 L606964202EE EE $50 10/2004 11/2009 10/2034 $25.00 $4.82 1.64% $29.82 L601095770EE EE $50 12/2003 11/2009 12/2033 $25.00 $5.34 1.64% $30.34 L628290065EE EE $50 09/2003 11/2009 09/2033 $25.00 $5.64 1.64% $30.64 L626767450EE EE $SO 11/2002 11/2009 11/2032 $25.00 $6.30 1.64% $31.30 L624688847EE EE $50 09/2002 11/2009 09/2032 $25.00 $6.74 1.64% $31.74 L617588050EE EE $50 11/2001 11/2009 11/2031 $25.00 $7.54 1.64% $32.54 L616558718EE EE $50 09/2001 11/2009 09/2031 $25.00 $8.10 1.64% $33.10 L590397297EE EE $50 12/2000 11/2009 12/2030 $25.00 $9.14 1.64% $34.14 L585295960EE EE $50 09/2000 11/2009 09/2030 $25.00 $10.02 1.64% $35.02 L580803878EE EE $50 11/1999 11/2009 11/2029 $25.00 $11.10 1.64% $36.10 L579539447EE EE $50 10/1999 11/2009 10/2029 $25.00 $11.66 1.64% $36.66 L644368191EE EE $50 01/2008 11/2009 01/2038 $25.00 $1.14 3.00% $26.14 P5 L644368190EE EE $50 01/2008 11/2009 01/2038 $25.00 $1.14 3.00% $26.14 P5 L638900536EE EE $50 12/2006 11/2009 12/2036 $25.00 $2.42 3.60% $27.42 P5 L638900537EE EE $50 12/2006 11/2009 12/2036 $25.00 $2.42 3.60% $27.42 P5 L638352484EE EE $50 12/2006 11/2009 12/2036 $25.00 $2.42 3.60% $27.42 P5 L644368187EE EE $50 01/2008 11/2009 01/2038 $25.00 $1.14 3.00% $26.14 P5 L644368186EE EE $50 01/2008 11/2009 01/2038 $25.00 $1.14 3.00% $26.14 P5 L638352485EE EE $50 12/2006 11/2009 12/2036 $25.00 $2.42 3.60% $27.42 P5 L613569645EE EE $50 11/2005 11/2009 11/2035 $25.00 $3.08 3.20% $28.08 PS L613569644EE EE $50 11/2005 11/2009 11/2035 $25.00 $3.08 3.20% $28.08 P5 L606964203EE EE $50 10/2004 11/2009 10/2034 $25.00 $4.82 1.64% $29.82 L606964204EE EE $50 10/2004 11/2009 10/2034 $25.00 $4.82 1.64% $29.82 L601095769EE EE $50 12/2003 11/2009 12/2033 $25.00 $5.34 1.64% $30.34 L599756818EE EE $50 05/2003 11/2009 05/2033 $25.00 $5.80 1.64% $30.80 L626767451EE EE $50 11/2002 11/2009 11/2032 $25.00 $6.30 1.64% $31.30 L622360548EE EE $50 04/2002 11/2009 04/2032 $25.00 $7.32 1.64% $32.32 L617588051EE EE $50 11/2001 11/2009 11/2031 $25.00 $7.54 1.64% $32.54 L616558717EE EE $50 09/2001 11/2009 09/2031 $25.00 $8.10 1.64% $33.10 L590397296EE EE $50 12/2000 11/2009 12/2030 $25.00 $9.14 1.64% $34.14 L587226424EE EE $50 05/2000 11/2009 05/2030 $25.00 $10.22 1.64% $35.22 L580803877EE EE $50 11/1999 11/2009 11/2029 $25.00 $11.10 1.64% $36.10 L579539448EE EE $50 10/1999 11/2009 10/2029 $25.00 $11.66 1.64% $36.66 Totals for 40 Bonds $1,000.00 $217.06 $1,217.06 NI Not Issued http://www.treasurydirect.gov/BC/SBCPrice 1 ~/9/?(1(19 Colestock Appraisal Services 300 Glenn Road Camp Hill, PA 17011 File No. 103 0 lar -- - - -- - - -- C APPRAISAL OF SINGLE FAMILY APPRAISAL LOCATED AT: 103 Poplar Street Summerdale, Pa 17093 FOR: Boswell,Tintner,Piccola 8 Alford 315 N Front St Harrisburg, PA 17101 BORROWER: Estate of Gloria B Stites AS OF: August 11, 2009 BY: Christopher M. Colestock RL-139151 Glenn Road. Camn Hdl PA 17011 t;olestock Appraisal Services Uniform Residential Annrais~l Rennrr ri~aN~ ,n~,,,,.,h. The ur ose of this summar a sisal re ort is to rovide the lenderlclient with an accurate, and ode uatel su orted, o inion of the market value of the sub~ect ro ert Pro en Address 103 Po tar Street Cit Summerdale State Pa zi Code 17093 Borrower Estate of Gloria B Stites Owner of Public Record Geor e N & Gloria B Stites count Cumberland Le al Descri lion 09-12-2995-098. Assessor's Parcel # 09-12-2995-098. Tax Year 2008 R.E. Taxes S 1,527.00 Nei hhorhood Name East Pennsboro Townshi Ma Reference METRO 2742 61 Census Tract 0101 Occu nl Owner Tenant X Vacant S ecial ASSessmenls$ NA PUD HOA$ NA er ear er month ~~ Pro ert Ri hts A raised X Fee Sim le Leasehold Other describe Assi nment T e Purchase Transaction Refinance Transaction X Other (describe Estate Valuation LenderlClient Boswell,Tintner,Piccola & Alford Address 315 N Front St Harrisbur , PA 17101 Is the suti ect ro ert current) offered for sale or has it been offered for sale in the twelve months rior to the effective date of this a sisal? Yes X No Report data source(s) used, offering price(s), and date(s). MLS service and COUnt Records I did X did not analyze the contract for sale for the subject purchase transaction. Explain the results of the analysis of the contract For sale or why the analysis was not performed. NA Contract Price S Date of Contract Is the ro ert seller [he owner of ublic record? Yes No Data Source(s) Is there any financial assistance (loan charges, sale concessions, gift or downpayment assistance, etc.) to be paid by any party on behalf of the borrower? ^ Yes ^ No • If Yes, report the total dollar amount and describe the items to be paid. Note. Race and the racialcom osition of the nei hhorhood are nota sisal factors. Neighborhood Characteristics One-Unit Housing Trentls One-Unit Housing Present Land Use Location Urban X Suburban Rural Pro ert Values Increasin X Stable Declinin PRICE AGE One-Unit 70 Built-U X Over 75% 25-75% Under 25% ~ Growth Ra id X Stable ^ Slaw DemandlSu I ^ Shona e X In Balance Over Su I Marketin Time Under 3 mths X 3-6 mths Over 6 mths $ 000 rs 90 low New 2-4 Unit 5 Multi-Famil 5 Neighborhood Boundaries The sub'ect ro ert is located in East Pennsboro Townshi 300 Hi h 80+ Commercial 5 % Cumberland Count 150 Pred. 45 Other Vacant 15 % Neighborhood Description This suburban nei hhorhood has most ublic utilities available relative/ eas access to em to ment and services, and is com etitive with other nei hborhoods in the eneral area. Most have similar ammenities. Market acitivit indicates avera e or better acce tance in the market lace. No unfavorable factors were observed that would adverse) affect market value. Market Conditions (including support for the above conclusions) See Attached Addendum Dimensions See Le al Descri tion area .12 Acre Sha e Rectan ular view Avera e S ecihc Zonin Classification R Zonin Descri lion Residential Sin le Famil Zonin Com Hance X Le al Le al Nonconlormin Grandfathered Use No Zonin llle al describe) Is the highest and best use of the subject property as improved (or as proposed per plans and specifcations) the present use? X Yes No If No, describe. Utilities Public Otherytlescribe) Public Other (describe) Off-site lm rovemen[s-7 e Public Private Electricit X 200 AMPS Water X Street As halt Gas Sanita Sewer X Alle None FEMA S ecial Flood Hazard Area Yes X No FEMA Flood Zone X FEMA Ma # 420359 0116E FEMA Ma Date 3/16/09 Are the utilities and off-site im rovements t ical fa the market area? X Yes No If No, describe. Are there any adverse site conditions or external factors (easements, encroachments, environmental conditions, land uses, etc.)? Yes X No If Yes, describe. GENERAL DESCRIPTION FOUNDATION EXTERIOR DESCRIPTION materials/condition INTERIOR materialslcondition Units X One One with Accesso Unit Concrete Slab Crawl S ace Foundation Walls Conc Block-Ave Floors C t/Vin/Ct-Ave # of Stories 1 X Full Basement Partial Basement Exterior Walls Aluminum-Ave Walls DW/Panel-Ave T e X Det. Att. S-Del./End Unit Basement Area 1142 s . (t. Roof Surface AS halt Sh-Ave Trim/Finish Wood-Ave X Existin Pro osed Under Const. Basement Finish 90 % Gutters & Downs outs Aluminum-Ave Bath Floor CT/Vin-Ave Desi n(St le Ranch X OutsideEnt /Exit Sum Pum WindowT e Dbl Hun -Ave Bath Wainscot CT-Ave Year Built 1960 Evidence of Infestation Storm Sashllnsulated YeS-Ave Car Stora a None Effective A e Yrs 18 Dam ness Settlement Screens Yes-Ave X Drivewa # of Cars 4 Attic None Heatin FWA X HWBB Radiant Amenities WoodStove s # Drivewa Surface As halt Dro Stair Stairs Other Fuel Oil X Fire laces # 1 Fence Gara e # of Cars Floor X Scuttle Conlin Central Air Condilionin X Patio/Deck X Porch Car ort # of Cars Finished Heated Individual Other Pool Other Att. Det. Built-in A fiances X Refri eralor X Ran e/Oven X Dishwasher X Dis oral Microwave WashedD er Other describe Finished area above rode contains: 5 Rooms 2 Bedrooms 1 Bath s 1,142 S uare Feet of Gross Livin Area Above Grade Additional features (special energy efficient items, etc.). Nos ecial ener efficient items observed. The sub'ect features are t ical of similar imrovements in the area. Describe the condition of the property (including needed repairs, deterioration, renovations, remodeling, etc.). See Attached Addendum Are there any physical deficiencies or adverse conditions that affect the livability, soundness, a structural integrity of the property? Yes X No If Yes, describe. Does the property generally confam to the neighborhood (functional utility, style, condition, use, construction, etc.)? X Yes No If No, describe. " ro Fannie Mae Fam 1004 Mareh 2005 Page 1 dfi ~ ~ 1Wd 0506i9p6 Colestock Appraisal Services Uniform Residential ADaraisal Report FiIP Nn 103nnnlar There are 13 com arable ro enies current) offered for sale in the sub ect nei hborhood ran in in rice from $ 119,000 to E 280,000 There are 13 com arable sales in the sub~ect nei hborhood within the ast twelve months ran in in sale rice from $ 92 000 to $ 275 000 FEATURE SUBJECT COMPARABLE SALEN0.1 COMPARABLE SALEN0.2 COMPARABLE SALEN0.3 103 Poplar Street Address Summerdale 540 N Enola Drive Enola 552 N Enola Drive Enola 125 Henry Road Enola Proximit to Sub~ect 0.93 miles WSW 0.95 miles WSW 0.74 miles WSW Sale Price 8 8 129,800 S 132,900 8 145,000 Sale Price/Gross Liv. Area 8 0.00 s . ft. S 129.80 s . ft . 8 112.63 s . h. 8 109.35 s . ft. Data Source(s) Ins ection Assessment &MLS Records Assessment 8 MLS Records Assessment &MLS Records verification Source(s) DOM=173 DOM=212 DOM=9 VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION .(~)Eaa uxmem DESCRIPTION •1-Iandwslmem DESCRIPTION .I~lEnd ~5lmem Sale or Financing Concessions Conventional Yes -2,500 FHA Yes -3,700 Conventional Yes -6,588 Date of SalelTime 4/24/09 4/2/09 3/6/09 Location Suburban Suburban Suburban Suburban LeaseholdlFee Sim le Fee Sim le Fee Sim le Fee Sim le Fee Sim le Site 12 Acre 16 Acre 16 Acre 17 Acre view Avera e Avera e Avera e Avera e Desi n (St le) Ranch Ranch Ranch Slit Level qualit of Construction Avera e Avera e Avera e Avera e Actual A e 49 Years 56 Years 56 Years 51 Years condition Avera e Avera e Better than ave -3 500 Better than ave -3,500 Above Grade iolal Btlrms Baths Total BOrms Baths Total Btlrms. Baths Total Btlrms Baths Room Count 5 2 1 5 2 1 6 3 1 6 3 1 Gross Livi Area 15.00 1 142 s . ft. 1 000 s . h. 2 130 1 180 s . h, 0 1, 326 s . tt -2,760 Basemem ~ Finished Rooms Below Grade Full Rec,Den,Kit,.58A Slab None 4,000 9,000 Slab None 4,000 9,000 Full None 9,000 FunaionalUtilit Avera e Avera e Avera e Avera e - Heatin ICoolin HWBB No C/A FWA C/Air -3 000 FWA No C/A FWA C/Air -3,000 Ener Efficient Items T ical for Area T ical for Area T ical for Area T ical for Area • Gara efCar on 4 Car Drivewa 1 Car Gara e -3,000 1 Car Gara e -3,000 1 Car Gara e -3,000 PorchiPatiofDeck Porch Patio Porch Patio Porch Patio Porch Patio 1 F/P 1 W/S 500 None 2,000 None 2,000 None Fence -1,000 None None NetAd'ustment Total X+ - S 6 130 X+ g 4 800 X- 8 7 848 Adjusted Sale Price - of Corn ambles Net Adj. 4.7 % GrossAd'. 19.4% $ 135 930 Net Adj. 3.6 % Gross Ad. 19.0% S 137 700 Net Adj. -5.4 % Gross Ad. 20.6% S 137 152 I X did did not research the sale or transfer history of the subject propeny and comparable sates. If not, explain M research did X did not reveal an rior sales or transfers of the sub~ect ro ert for the three ears rior to the effective date of this a sisal. Data sources MLS Service and Count Records M research X did did not reveal an rior sales or transfers of the com arable sales for the ear rior to the date of sale of the com arable sale. Data sources MLS Service and Count Records Re on the results of the research and anal sis of the rior sale a transfer his[o of the sub~e[t ro rt and com arable sales re ort additional rior sales on a e 3 . ITEM SUBJECT COMPARABLE SALE N0. 1 COMPARABLE SALE N0. 2 COMPARABLE SALE N0. 3 Date or Prior Salelrransfer None within last 3 ears. No rior sales listed other No rior sales listed other No rior sales listed other price of Prior Sale/Transfer than above. than above. than above. Data Sources Count Records Count Records Count Records Count Records EtfectiveDateofDataSource(s) 8/11/09 8/11/09 8/11/09 8/11/09 Analysis of prior sale or transfer history of the subject property and comparable sales No sales listed in the last 3 ears other than listed above. Summary of Sales Comparison Approach. See Attached Addendum Indicated Value b Sales Com orison A roach 8 143 000 Indicated Valueb Sales COm arisonA roachE143 OO0 CostA roach if develo ed)8 154700 IncomeA roach (if develo edlS NA See Attached Addendum • This appraisal is made X "as is," subject to completion per plans and specifications on the basis of a hypothetical condition that the improvements have been completed, ^ subject to the following repairs or alterations on the basis of a hypothetical condition that the repairs or alterations have been completed, or ^ subject to the following required • inspection based on [he eztraordinary assumption that the condition or deficiency does not require alteration or repair: See Attached Addendum Based on a complete visual inspection of the interior and exterior areas of the subject property, definetl scope of work, statement of assumptions antl limiting contlitions, and appraiser's certification, my (our) opinion of the market value, as defined ohhe real property that is [he subject of this report is S 143,000 as of O8/11/2009 ,which is the date of ins ection and the effective date of thisa sisal. .~.~ y or.~ www.xmw.wn' Fannie Mae Form 1(104 March 2005 Page 2 d 6 to04_05062906 CHRIS Cpl FST(1RK co es[ocK Hppralsal Services Uniform Residential Aooraisal Report File Nn 1fl3nnnlar COST APPROACH TO VALUE (no[ re uired b Fannie Mae) Provide ode uale information for the lender/client to re licate the below cast fi ures and calculations. Support for the opinion of site value (summary of comparable land sales or other methods for estimating site value) The site value was estimated based on information from the MLS service and the Count tax assessment records. ESTIMATED REPRODUCTION OR X REPLACEMENT COST NEW OPINION OF SITE VALUE .................................... .... _ $ 30,000 : Source of cost data Marshall and Swift Residential Cost Handbook Qualit ratio from cost service Avera e Effective date of cost data 8/11 /09 - Dwellin 1 142 S .Ft.@S 115.00........ Bsmt: 1142 S . Ft @ 5 28.00........ .... = 5 131,330 . = 5 31, 976 Comments on Cost A roach roll livin area calculations, de reciation, etc. Porch Patio FP 6,000 _ Estimated Re roduction Cost-New-of-Im rovements is calculated Gara elCar on 840 S . Ft. @ S 22.00........ .... = 5 18,480 usin the Marshall and Swift Residential Cost Handbook and local Total EstimateolCost-New = 5 187,786 cost anal sis. Estimated site value is based on local market Less 50 Ph sical Functional External anal sis. De reciation is estimated usin the economic a e-life De reciation $67,602 5 ( 67,602) method and market anal sis. No obsolescence was observed. De reciated Cost of Im rovements ............................. ... = S 120,184 "As-is' Value of Site Im rovements ............................. .. _ % 4,500 Estimated Remainin Economic Life HUD and VA onl 32 Years INDICATED VALUE BY COST APPROACH ... ................ .. _ $ 154 700 INCOME APPROACH TO VALUE (not re uired b Fannie Mae) ~ Estimated Monthl Market Rent S X Gross Renl Multi tier = S Indicated Value b Income A roach Summary of Income Approach (including support for market rent and GRM) PROJECTINFORMATIONFORPUDS(ifa licable) Is the develo erlbuilder in control of [he Homeowners' Association HOA ? Yes No Uni[ t e s Detached Attached Provide the followin information for PUDS ONLY if the develo erlbuilder is in control of the HOA and the sub~ecl ro ert is an attached dwellin unit. Le aI name of ro ect ~ Total number of hales Total number of units Total number of units sold Total number of units rented Total number of units for sale Data source s Was the ro'ect created b the conversion of an existin buildin s into a PUD? Yes No If Yes, date of conversion. Does the ro ect contain an multi-dwellin units? Yes No Da[a source s Are the units, common elements, and recreation facilities complete? Yes No If No, describe the status ofcompletion. Are the common elements leased to or by the Homeowners' Association? Yes No If Yes, describe the rental terms and options. Describe common elements and recreational facilities. FIeAAie Mac Fam 70 March 2005 ProGuced using hCl sddare, BW.33/.8)2] xvnv.acH.ch.com Fanni¢ Mae Farm 1CA4 March 2005 Page3d6 ta~14 o5Ofii9a6 Colestock Appraisal Services Un)torm Kes)tlent)al Appraisal Report FiieNo 103poplar This report form is designed to report an appraisal of a one-unit property or a one-unit property with an accessory unit; including a unit in a planned unit development (PUD). This report form is not designed to report an appraisal of a manufactured home or a unit in a condominium or cooperative project. This appraisal report is subject to the following scope of work, intended use, intended user, definition of market value, statement of assumptions and limiting conditions, and certifications. Modifications, additions, or deletions to the intended use, intended user, definition of market value, or assumptions and limiting conditions are not permitted. The appraiser may expand the scope of work to include any additional research or analysis necessary based on the complexity of this appraisal assignment. Modifications or deletions to the certifications are also not permitted. However, additional certifications that do not constitute material alterations to this appraisal report, such as those required by law or those related to the appraiser's continuing education or membership in an appraisal organization, are permitted. SCOPE OF WORK: The scope of work for this appraisal is defined by the complexity of this appraisal assignment and the reporting requirements of this appraisal report form, including the following definition of market value, statement of assumptions and limiting conditions, and certifications. The appraiser must, at a minimum: (1) perform a complete visual inspection of the interior and exterior areas of the subject property, (2) inspect the neighborhood, (3) inspect each of the comparable sales from at least the street, (4) research, verify, and analyze data from reliable public and/or private sources, and (5) report his or her analysis, opinions, and conclusions in this appraisal report. INTENDED USE: The intended use of this appraisal report is for the lender/client to evaluate the property that is the subject of this appraisal for a mortgage finance transaction. INTENDED USER: The intended user of this appraisal report is the lender/client DEFINITION OF MARKET VALUE: 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, 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 each acting in what he or she considers his or her 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 the normal consideration for the property sold unaffected by special or creative financing or sales concessions' granted by anyone associated with the sale. `Adjustments to the comparables 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 comparisons 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 appraiser's judgment. STATEMENT OF ASSUMPTIONS AND LIMITING CONDITIONS: The appraiser's certification in this report is subject to the following assumptions and limiting 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, except for information that he or she became aware of during the research involved in performing this appraisal. The appraiser assumes that the title is good and marketable and will not render any opinions about the title. 2. The appraiser has provided a sketch in this appraisal report to show the approximate dimensions of the improvements. The sketch is included only to assist the reader 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 by the Federal Emergency Management Agency (or other data sources) and has noted in this appraisal report whether any portion of 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 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, or as otherwise required by law. 5. The appraiser has noted in this appraisal report any adverse conditions (such as needed repairs, deterioration, 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 research involved in performing this appraisal. Unless otherwise stated in this appraisal report, the appraiser has no knowledge of any hidden or unapparent physical deficiencies or adverse conditions of the property (such as, but not limited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) that would make the property less valuable, and has assumed that there are no such conditions and makes no guarantees or warranties, express or implied. 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 conditions exist. Because the appraiser is not an expert in the field of environmental hazards, this appraisal report must not be considered as an environmental assessment of the property. 6. 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 the completion, repairs, or alterations of the subject property will be performed in a professional manner. Freddie Mac Fam 70 March 2005 Produced usiig ACI software. 900.I7d.B]]] www.aciweE.com Fanme Mae Fam 1001 March 2W5 Page 4 d 6 1001 o5 05790fi coiestock Appraisal Services Uniform Residential Appraisal Report File NO 103poplar APPRAISER'S CERTIFICATION: The Appraiser certifies and agrees that 1. I have, at a minimum, developed and reported this appraisal in accordance with the scope of work requirements stated in this appraisal report. 2. I performed a complete visual inspection of the interior and exterior areas of the subject property. I reported the condition of the improvements in factual, specific terms. I identified and reported the physical deficiencies that could affect the livability, soundness, or structural integrity of the property. 3. I performed this appraisal in accordance with the requirements of 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 at the time this appraisal report was prepared. 4. I developed my opinion of the market value of the real property that is the subject of this report based on the sales comparison approach to value. I have adequate comparable market data to develop a reliable sales comparison approach for this appraisal assignment. I further certify that I considered the cost and income approaches to value but did not develop them, unless otherwise indicated in this report. 5. I researched, verified, analyzed, and reported on any current agreement for sale for the subject property, any offering for sale of the subject property in the twelve months prior to the effective date of this appraisal, and the prior sales of the subject property for a minimum of three years prior to the effective date of this appraisal, unless otherwise indicated in this report. 6. 1 researched, verified, analyzed, and reported on the prior sales of the comparable sales for a minimum of one year prior to the date of sale of the comparable sale, unless otherwise indicated in this report. 7. I selected and used comparable sales that are locationally, physically, and functionally the most similar to the subject property. 8. I have not used comparable sales that were the result of combining a land sale with the contract purchase price of a home that has been built or will be built on the land. 9. I have reported adjustments to the comparable sales that reFlect the market's reaction to the differences between the subject property and the comparable sales. 10. I verified, from a disinterested source, all information in this report that was provided by parties who have a financial interest in the sale or financing of the subject property. 11. I have knowledge and experience in appraising this type of property in this market area. 12. I am aware of, and have access to, the necessary and appropriate public and private data sources, such as multiple listing services, tax assessment records, public land records and other such data sources for the area in which the property is located. 13. I obtained the information, estimates, and opinions furnished by other parties and expressed in this appraisal report from reliable sources that I believe to be true and correct. 14. I have taken into consideration the factors that have an impact on value with respect to the subject neighborhood, subject property, and the proximity of the subject property to adverse influences in the development of my opinion of market value. I have noted in this appraisal report any adverse conditions (such as, but not limited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) observed during the inspection of the subject property or that I became aware of during the research involved in performing this appraisal. I have considered these adverse conditions in my analysis of the property value, and have reported on the effect of the conditions on the value and marketability of the subject property. 15. I have not knowingly withheld any significant information from this appraisal report and, to the best of my knowledge, all statements and information in this appraisal report are true and correct. 16. I stated in this appraisal report my own personal, unbiased, and professional analysis, opinions, and conclusions, which are subject only to the assumptions and limiting conditions in this appraisal report. 17. I have no present or prospective interest in the property that is the subject of this report, 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 opinion of market value in this appraisal report on the race, color, religion, sex, age, marital status, handicap, familial status, or national origin of either the prospective owners or occupants of the subject property or of the present owners or occupants of the properties in the vicinity of the subject property or on any other basis prohibited by law. 18. My employment and/or compensation for performing this appraisal or any future or anticipated appraisals was not conditioned on any agreement or understanding, written or otherwise, that I would report (or present analysis supporting) a predetermined specific value, a predetermined minimum value, a range or direction in value, a value that favors the cause of any party, or the attainment of a specific result or occurrence of a specific subsequent event (such as approval of a pending mortgage loan application). 19. I personally prepared all conclusions and opinions about the real estate that were set forth in this appraisal report. If I relied on significant real property appraisal assistance from any individual or individuals in the performance of this appraisal or the preparation of this appraisal report, I have named such individual(s) and disclosed the specific tasks performed in 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 this appraisal report; therefore, any change made to this appraisal is unauthorized and I will take no responsibility for it. 20. I identified the lender/client in this appraisal report who is the individual, organization, or agent for the organization that ordered and will receive this appraisal report. ProdureE osirq ACI software, 900 23d.a12] www.acivreb.com Fannie Mae Form 1004 March 2005 Page6d6 tooa os oa2enfi Colestock Appra sal Services Uniform Residential Appraisal Report File No 103poplar 21. The lender/client may disclose or distribute this appraisal report to: the borrower; another lender at the request of the borrower; the mortgagee or its successors and assigns; mortgage insurers; government sponsored enterprises; other secondary market participants; data collection or reporting services; professional appraisal organizations; any department, agency, or instrumentality of the United States; and any state, the District of Columbia, or other jurisdictions; without having to obtain the appraiser's or supervisory appraiser's (if applicable) consent. Such consent must be obtained before this appraisal report may be disclosed or distributed to any other party (including, but not limited to, the public through advertising, public relations, news, sales, or other media). 22. I am aware that any disclosure or distribution of this appraisal report by me or the lender/client may be subject to certain laws and regulations. Further, I am also subject to the provisions of the Uniform Standards of Professional Appraisal Practice that pertain to disclosure or distribution by me. 23. The borrower, another lender at the request of the borrower, the mortgagee or its successors and assigns, mortgage insurers, government sponsored enterprises, and other secondary market participants may rely on this appraisal report as part of any mortgage finance transaction that involves any one or more of these parties. 24. If this appraisal report was transmitted as an "electronic record" containing my "electronic signature," as those terms are defined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of this appraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable and valid as if a paper version of this appraisal report were delivered containing my original hand written signature. 25. Any intentional or negligent misrepresentation(s) contained in this appraisal report may result in civil liability and/or criminal penalties including, but not limited to, fine or imprisonment or both under the provisions of Title 18, United States Code, Section 1001, et seq., or similar state laws. SUPERVISORY APPRAISER'S CERTIFICATION: The Supervisory Appraiser certifies and agrees that: 1. I directly supervised the appraiser for this appraisal assignment, have read the appraisal report, and agree with the appraiser's analysis, opinions, statements, conclusions, and the appraiser's certification. 2. I accept full responsibility for the contents of this appraisal report including, but not limited to, the appraiser's analysis, opinions, statements, conclusions, and the appraiser's certification. 3. The appraiser identified in this appraisal report is either asub-contractor or an employee of the supervisory appraiser (or the appraisal firm), is qualified to perform this appraisal, and is acceptable to perform this appraisal under the applicable state law. 4. This appraisal report complies 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 at the time this appraisal report was prepared. 5. If this appraisal report was transmitted as an "electronic record" containing my "electronic signature," as those terms are defined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of this appraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable and valid as if a paper version of this appraisal report were delivered containing my original hand written signature. APPRAISER Signature __ _ r,~7~, /~~'~~ Name Christopher M. Colestock Company Name Colestock Appraisal Services Company Address 300 Glenn Rd Camp Hill, PA 17011 ', Telephone Number Email Address cole96(a~comcast.net '~, Date of Signature and Report 08/11/2009 ~ Effective Date of Appraisal 08/11/2009 State Certification # RL-139151 or State License # or Other (describe) State # State PA Expiration Date of Certification or License 06/30/11 ADDRESS OF PROPERTY APPRAISED 103 Poplar Street Summerdale, Pa 17093 APPRAISED VALUE OF SUBJECT PROPERTY $ 143,000 LENDER/CLIENT Name Company Name Boswell,Tintner,Piccola & Alford Company Address 315 N Front St Harrisburg, PA 17101 Email Address Fam 70 March 2005 SUPERVISORY APPRAISER (ONLY IF REQUIRED) Signature Name Company Name _ Company Address Telephone Number Email Address Date of Signature State Certification # or State License # State Expiration Date of Certification or License SUBJECT PROPERTY ^ Did not inspect subject property ^ Did inspect exterior of subject property from street Date of Inspection Did inspect interior and exterior of subject property Date of Inspection COMPARABLE SALES ^ Did not inspect exterior of comparable sales from street ^ Did inspect exterior of comparable sales from street Date of Inspection osmq na software, eoazaa am ww«.a~:«ah.~m Page 6 d 6 CHRIS COLESTOCK 1004 Math 2005 100< 05 062906 Colestock Appraisal Services Uniform Residential Appraisal Report File No. 103poplar FEATURE SUBJECT COMPARABLE SALE N0.4 COMPARABLE SALE N0. 5 COMPARABLE SALE N0. fi 103 Poplar Street Address Summerdale 321 1st Street Summerdale 55 Oliver Road Enola 3 Mountain View Drive Enola Proximit tosub~ect 0.22 miles NNW 0.87 miles WSW 1.20 miles WSW Sale Price E S 162,000 8 135,900 S 174,900 Sale Price/Gross Liv. Area E 0.00 s . h. S 136.25 s . h. S 135.90 s . h. S 124.93 s . fl. Data sources Ins ection Assessment &MLS Records Assessment &MLS Records Assessment 8 MLS Records verification Sources DOM=89 DOM=15 DOM=43 VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION .I-ISnonswern DESCRIPTION .(~Iandustmerx DESCRIPTION .t-ISndastmem Sale or Financing Concessions FHA Yes -2 400 Listing Listing Date of5alelTime 6/22/09 Listin -5,436 Listin -6,996 Location Suburban Suburban Suburban Suburban LeaseholdlFee Sim le Fee Sim le Fee Sim le Fee Sim le Fee Sim le Site .12 Acre .20 Acre 16 Acre .12 Acre view Avera e Avera e Avera e Avera e Desi n St le) Ranch Ranch Ranch Ranch qualit of Construaion Avera e Avera e Avera e Avera e Actual A e 49 Years 38 Years 56 Years 44 Years Condition _ __ Avera e_ _ __ Good_ __ -7,500 Average Good -7.500 Above Grade Total Bdrms Baths Total Bdrms Baths Total Bdms. Baths Total Bdrms Baths Room Count 5 2 1 6 3 1 5 2 1 7 4 1.5 -1,000 Gross LNin Area 15.00 1,142 s . h. 1 189 s . h. 0 1,000 s . h. 2,130 1,400 s . ft. -3,870 Basement&Finished Rooms Below Grade Full Rec Den Kit .SBA Full RR Den 3 000 Slab None 4,000 9,000 Full None 9 000 Functional Utilit Avera e Avera e Avera e Avera e Neatin ICoolin HWBB No C/A Radiant No C!A FWA C/Air -3,000 FWA C/Air -3,000 Ener E(fcient Items T ical for Area T ical for Area T ical for Area T ical for Area Gara elcar on 4 Car Drivewa OSP-2 Cars OSP-2 Cars 2 Car Car ort -3,000 PorchlPatioloeck Porch,Patio Porch Patio Porch,Patio Porch Patio 1 F/P 2 F/P -2,000 None -2,000 None 2,000 None None None Fence -1,000 Net Ad'ustment Total X - S 8,900 X . - 3 4,694 X - S 15,366 • Adjusted Sale Price of Com arahles Net Adj. -5.5% Gross Ad". 9.2 % 8 153 100 Net Adj. 3.5 % Gross A . 18.8 / 5 140 594 Net Adj. -8.8 Gross Ad. 21.4 % 8 159 534 ITEM SUBJECT COMPARABLE SALE N0.4 COMPARABLE SALE N0. 5 COMPARABLE SALE N0. 6 • Date or Prior Sale/Transrer None within last 3 ears. No riot sales listed other 5/29/07 None within last 3 ears. Price of PriorSalefTransfer than above. $121900 Data Sources Count Records Count Records Count Records Count Records • Ef(ectiveDateofDataSources 8/11/09 8/11/09 8/11/09 8/11/09 Summary of Sales Comparison Approach Fredd'~e Mac Fam 70 Mach 2005 Roduced usbg nCl solrware, BOO.2ld.8]P wxw.auxeG.com Fannie Mae Fam 1004 March 2005 t004 05062906 ADDENDDM Borrower: Estate of Gloria B Stites File No ~ 103poplar Property Address: 103 Poplar Street Case No City: Summerdale State Pa Zip' 17093 Lender: Boswell,Tintner,Piccola & Alford Neighborhood Market Conditions There are no foreseeable economic trends which might significantly influence market conditions in this area. The current mortgage market offers a wide variety of conventional loans with competitive interest rates. As a result, the terms of financing have little, if any, impact on sale prices. If interest rates remain reasonable, property values and marketability should be stable. Condition of the Property These improvements are of average quality frame design and reflect average maintenance. Property reflects normal physical depreciation and no deficiences are noted. Floor plan provides good utility, design, and appeal, and should receive good acceptance in the market place. No unusual functional obsolescence or external inadequacies were observed. The bathrooms, kitchen, mechanical equipment, and other features meet current standards for houses of this age in this market. The effective age is significantly less than thirty years. The subject home has a completely finished basement that also has a kitchenette area. This is not uncommon for this area, however comparable sales for this amenity at this time are limited. Comments on Sales Comparison After a thorough search of all available market data, the sales used are considered to be the best indicators of value. Appropriate adjustments have been made for all differences. All sales are considered to be reliable indicators of value, and are weighted similarly in the final reconciliation. Comparable sales used are all closed sales. A thorough search for comparable sales has been made to find sales which bracket the final value estimate. Other comparables analyzed would have required less desirable adjustments and were not used for that reason. All comparable sales are located in the same market area as the subject and would be considered by the same prospective purchaser of all were on the market at the same time as the subject. The appraiser has selected the best comparables available currently. The comp pictures used are from the MLS Service. An exterior inspection was performed to ensure the accuracy of the photos. There were very few 2 bedroom sales currently available for comparison. The homes used in this report are the most similar to that of the subject home at the present time. These homes are located in similar areas as the subject home and would be considered by potential buyers of the subject home. These homes are considered reliable indicators of value for this market area. Final Reconciliation This appraisal assumes a reasonable marketing period for the subject property of four months. The Sales Comparison Analysis reflects recent activity in the market place and is given the most weight. The Cost Approach tends to set the upper limit of value and the Market Approach is considered the best indicator of value. The Income Approach is inappropriate because few single family houses are rented in this market. All comparable properties are of similar construction and located in like geographical and demographic areas. The Appraiser has chosen the best comparables available. Location and property are acceptable. Refer to the attached Commonwealth of Pennsylvania State Board of Certified Real Estate Appraisers "Approved checklist for assistants" for a detailed description of assistance provided to the state certified appraiser. This checklist is an integral part of this report, and its inclusion in this report is mandated by regulation of the State Board of Real Estate Appraisers. Assistance as described on checklist was provided by Jason S Gossard. Conditions of Appraisal This appraisal report has been prepared with the property in "as is' condition. No repairs are needed or required. No personal property has been included in this valuation. The appraiser considered only those items that were permanently attached to the property as realty. Any items not so affixed, such as refrigerators, washers, dryers, above ground swimming pools, etc., were not included in the estimate of the market value. According to records provided by the county assessment office, the subject property has not transferred in the past year. The electronic signature on this report has a security feature maintained by a password that allows no person to alter this report with the exception of the original signing appraiser. "This summary appraisal report is intended for use by the lender/client and its "successor and/or its assigns" for a mortgage finance transaction only. This report is not intended for any other use." The cost approach has been completed as per the client's request. The cost approach is not applicable for the subject home due to its age. The cost approach has been given no weight in the final reconciliation of value. The intended user of this appraisal is the Lender/Client. The intended use is to evaluate the property that is the subject of the appraisal for a mortgage finance transaction, subject to the stated Scope of Work, purpose of the appraisal, reporting requirements of this appraisal report form, and definition of market value. No additional Intended Users are identified by the appraiser. Adder~un Pace 1 d 1 DIMENSION LIST ADDENDUM Property Address: 103 Poplar Street Case No.: City: Summerdale State: Pa Zlp: 17093 Lender: Boswell,Tintner,Piccola & Alford GROSS BUILDING AREA (GBA) 1,142 GROSS LIVING AREA(GLA) 1,142 Area(s) Area % of GLA % of GBA Living 1,142 100.00 Level 1 1,142 100.00 100.00 Level2 0 0.00 0.00 Level3 0 0.00 0.00 Other 0 0.00 0.00 GBA Basement ^ 1,142 Garage ^ 840 Area Measurements Area Type Measurements Fac[or Total Levell Level2 Level3 Other Bsmt Garage 26.00 x , 2.00 x , .00 = 312.00 ^X ^ ^ ^ ^X ^ 20.00 x 12.00 x 1.00 = 240.00 ~ ^ ^ ^ ~ ^ 34.00 x 12.00 x 1_00 = 408.00 ~ ^ ^ ^ ~ ^ 26.00 x 7.00 x 1_00 = 182.00 ^X ^ ^ ^ ^X ^ 28.00 x 30.00 x 1_00 = 840.00 ^ ^ ^ ^ ^ x x = ^ ^ ^ ^ ^ ^ x x = ^ ^ ^ ^ ^ ^ x x = ^ ^ ^ ^ ^ LJ x x = ^ ^ ^ ^ ^ ^ x x = ^ ^ ^ ^ ^ ^ x x = ^ ^ ^ ^ ^ ^ x x = ^ ^ ^ ^ ^ ^ x x = ^ ^ ^ ^ ^ ^ x x = ^ ^ ^ ^ ^ ^ x x = ^ ^ ^ ^ ^ ^ x x = ^ ^ ^ ^ ^ ^ x x = o 0 o a ^ o x x = ^ ^ ^ ^ ^ ^ x x = ^ ^ ^ ^ ^ ^ x x = ^ ^ ^ ^ ^ ^ x x = o o ^ o ^ ^ x x = ^ o ^ o a o x x = ^ 0 0 0 ^ ^ x x = o a o ^ o ^ x x = ^ ^ ^ ^ ^ ^ x x = o 0 0 ^ a ^ u5iw ACI Shcwaie. BOO.IJI B]]1 www.a mt-0.com SUBJECT PROPERTY PHOTO ADDENDUM Borrower: Estate of Gloria B Stites _ File No.: 103poplar Property Address: 103 Poplar Street Case No.: City: Summerdale State: Pa Zip: 17093 Lender: Boswell,Tintner,Piccola & Alford FRONT VIEW OF SUBJECT PROPERTY Appraised Date: August 11, 2009 Appraised Value: $ 143,000 ~ -S~6•* 4 ~.i~ . F ~! REAR VIEW OF SUBJECT PROPERTY STREET SCENE ti0ffOWef: Estate or Glona t1 SUtes me NO.: 1 U3popiar Property Address: 103 Poplar Street Case No.: City: Summerdale Slate: Pa Zip: 17093 Lender: Boswell,Tintner,Piccola & Alford COMPARABLE SALE#1 540 N Enola Drive Enola Sale Date: 4/24/09 Sale Price: $ 129,800 ~ t d ~ - -- ~ _ __ COMPARABLE SALE#2 552 N Enola Drive Enola Sale Date: 4/2/09 Sale Price: $ 132,900 COMPARABLE SALE#3 125 Henry Road Enola Sale Date: 316/09 Sale Price: $ 145,000 COMPARABLE PROPERTY PHOTO ADDENDUM Borrower: Estate of Gloria B Stites File No.: 103poplar Property Address: 103 Poplar Street Case No City: Summerdale State Pa Zip' 17093 Lender: Boswell,Tintner•Piccola & Alford COMPARABLE SALE#4 i _ ~,~ ,. .i, * M ® ^ t _-~. `, `r i ~~ ,.c k k ~ ..+'11rr v,+~ d ~`~ .,~ 321 1st Street Summerdale Sale Date: 6/22/09 Sale Price: $ 162,000 COMPARABLE SALE#S 55 Oliver Road Enola Sale Date: Listing Sale Price: $ 135,900 COMPARABLE SALE #6 3 Mountain View Drive Enola Sale Date: Listing Sale Price: $ 174,900 Borrower: Estate of Gloria B Stites File No ' 103poplar Property Address: 103 Poplar Street Case No ' City: Summerdale State' Pa Zip' 17093 Lender. BoswelLTintner.Piccola & Alford Aerial picture of the street scene Aerial picture of the street scene FLOORPLAN Borrower: Estate of Gloria B Stites File No.: 103 0 lar Property Address: 103 Poplar Street Case No Clty: Summerdale State Pa Zip' 170 93 Lender: Boswell Tintner Piccola & Alford I 1so• -- s a' Kitchen --- - _, i II I B h ai Bedroom Dining Room 14.0' Livin g Room i Bedroom 19.0' 12.0 Sketch by Apex IV Windowsr"' 300 Glenn Rnari. Camn Hill PA i 7m i AREA CALCULATIONS SUMMARY Code Description Size Totals GLAl Firat Floor 1142.00 1142.00 TOTAL LIVABLE (rounded) 1142 LIVING AREA BREAKDOWN Breakdown Subtotals Firat Floor 12.0 x 26.0 312.00 12.0 x 20.0 240.00 12.0 x 34.0 408.00 7.0 x 26.0 182.00 4 Areas Total (rounded) 1142 LUCA I IUN MA{' Borrower: Estate of Gloria B Stites File No 103poplar Property Address:103 Poplar Street Case No City: Summerdale State' Pa Zip' 17093 ~ Lender: Boswell Tintner Piccola & Alford __ _ twin< t5 i ~~~ - mfg 4~ ~ I ' ~ ~ a ' s ~f5 S ~ cP ~ ~>• f c,.t N s ~~ _- ~lO~~ . 6 _ //' ~ e ~'~ LVatar i~ s Sr e`4` '') c't~. `~` ~ .. ' J i 1 15 u'f Comparable Sale 4 _ ~ ~~b 321 1St Street .Summerdale 1t 6 c~ y Summerdale PA 17093 ~ ~ 0 o n I c ~a r G (0.22 miles NNW) Yr 9 J`a ;' pt iy S C , ~ ~ 6 ~ ~ Q ate Comparable Sale 6 Comparable Sale 1 3 Mountain Vievv Drive 540 N Enola Drive Subject Erlola, PA 17025-1532 Enola PA 17025-2120 103 Poplar Street ~I (1.20 miles WS'JV) (0.93 miles WSW) va1~Y S° Cerrtr:~i Summerdale, PA 17093-8025 r Penr~sylvania I I Q ~ ~~ ~y 7 + F ii ' re Ch Iii Comparable Sale 5 r' I ~ / 55 Oliver Road ~. i / ~ ~ / Enola, PA 17025-2124 ~I, f (D.87 miles'JNSW) i! ~ biy / s „ s ~ ~fV ii ni %~ y 9e~~ '~ a ~ A '~~%~ r~ o j j ~~ O/O. ~~ o - ~ Igo- 5 rater .S Comparable Sale 2 ~ ~r uis S 552 N Enola Drive Comparable Sale 3 ~ Enola, PA 17025-2126 125 Henry Road (0.95 miles WSW) Enola, PA 17025-2157 ~t (0.74 miles WSW) P~~dd y m a F °% ~~ Pie ~o 0o y~ Sradv yr r ¢~,~ady ` ~ ~ COIUlTlbla. ~yd `.15 , '6 C1 p 6 y c '8p. e 2 ~ a ~ y ~~ 9 ~ S ~ ~ ~ ~ z m F m r. O N C auph rn S s f ~ _- A Sf a ~ ~ ~ ~ aisPhin Sl $ ~ Sr ~ Ny O ~. YorSc Sf ~. <, dig _: ~°' 9~ Fulkat' Sk ~ 8 m D v, rt ett`J < P W m ,o m m h 94~',' `~ 7. ~ O .,West ~1.7y ~ I Enola _ P`a e Rd ~ uC~16~On Enola N o ~ t~ N ~ o~ S I~ m N N ~ ~ i a 7 ~ ~ ~ ~ ~~ I ~ O l Ln Ha Rd CICde 0.57 mile ®"1009 MICnSOR Cap ®'[008 NA4RQ,onA/ori¢le AO¢S,IAC. _ 300 Glenn Road, Camp Hill, PA 17011 Borrower: Estate of Gloria B Stites File No.: 103poplar Property Address: 103 Poplar Street Case No.: City: Summerdale State: Pa Zlp' 17093 Lender: Boswell Tintner Piccola & Alford A7TAGHMGtJ7 ~ QQARl7 Ai~Pi20VEQ CliECKtGST FaR ASSISTANTS TTiE 6OARt~ HAS AP PHUVL-U I efts t:H t!.: tCttS'f ~pR 115C tlY A$$I$TgNT=~?TRAIfiCL.^. Y:I IG1v A£i:.IErING ItJ T4tG PER FCIRA4A?dGt= +:1F APPRAISALS fOR QUALIFYING ExPER{ENCE, A COPY OF TtiG GHFGhLIS.T IS TCl BE I!:CLrJDED IN ALL APPfiAISAL REPC3RT5 CCIAF'LET'tD SY ASSiSTAPlTSfTRAINEES. THE CHECKLIST' tiHJULTJ 9f_ RfTA!NED lift YOUR 4VOR'K FILE AND 1NCLl9DED LVITiI THf: APPRAISAL REPORT + THAT ARL- i2EG1vFSTr1] 0}' THE BL`ARD OFF3CE, F,'Z E CtIJ=CK>_fST15 TO 0E USEL?!N fiDDtTi faN TO FNF RL-{Jt!iJZr~tfE!JTS OF~?6.r3rr~ai J31iJiil 'rV"rl'!C'li' ~Y,gP.p,C i!_S fIJ.~T THE SLJ~>=RY15Jl,!C~ CEl77PFJ-D .a.AARATSER $iUST SrIrN fi5 "t;Et7TJr=rc~ fi~E,~1- [STATF APPfiAf:i~Cfi" hr'1R THAT 7lit J45$rST!NT htL67 SJGN it.~ "n C~f57nNT T/1 TFl1~!` 7T'_FI1=(1 RFJy~ ESTA iE AJa.r'f?AJSFt?," ~vrvl DRAY COPY'THE GFIE[: iSL15'P AS N£eDED. J SIJBJ=CTPR[]PERTY: ''~~. ~.~~~ - --- - __ 1 DATE JF stJSFEt/TtoP.: ~t ~~P^r~ Thl; assistant to fire st,1e een;Tleo real cs1;51e appreisar forth is reTwrt has 7s,ished in the tol[o~.. rng; L'" Srt up the ?ile vri*.h all forms Eno gonoral information for ;his report- ~i! A::^.i~t,-d in ysthen ng and rrntcrin ~l data as fellows: Tax Assessrncrd +ntulmat+on and rn~p, FIOOd H:u::rJ inlnrmari<,r and map. 2Jnlnq InTPrrnaliiln anfl !Ta p. l6Gation nJa l? anC7 ='. ntilaf I+l r'J/ntal',pn. ~/ Acco~-~.l„u:i?d and :c;:;istud In t1,0 Inspection of the sublaet prnperly- lr A;slarti in anel y[ing the tog hest and ticst uao of thu su41{ecf property. '!p(~ hssls:ad in Sattrr.: hx: information Tnr cotnUarable land s:drs data, verified end analyxcd the cor-tparaale !anrl sales data. `~ fV S~IStPd ire gathering 4nfarmation Tor the Cori Alrproach +fata, ana.lyzad and srrlirctrrJ tJ,e roar am a„ras_ ~,/ Assi sled In Bath nrir,g intarntalfnn for the Irvcoma Approat:h data, vcrlfted and analyssrl rho rental gat::. ~ accisfnd in NatT,erut('. Informavon Tar comparad!9 market gales elate, vrof ed and anrlyr.«il th:: eornpa:a~7e ma•ket xales da~a~ ~,~' Asaislr..d in verifying data .ti thc'Sax Assessment QTtlce, Fcecorder vi L'reCS 6ffise. County ,TSB mamhly report, County microfiche service andJOr local 0.d LS ServieFt. ~~ Asst stctl in. lt,e rn Le+:ri! inzp':ruion of thr ashy, r+rlttnL-, land and othNr compara5lv:. ~! Assi>;:nd in skrtclt draw[np. Assisted In r:nGtr!nF subject and can,pnrabie data an rho form uno the data in t.na comn~!Nnt arazs ~/ Aasisted in final rntencu.ntlon and final cF.t4rara nt vahm of the subio Gt prol?+:rt:~ L/ AstciSfe+t rn the ttnal review oft?tls report. ~ Assi4tact in putting together and packaging the final rep~art. SIGNtiTU:^+F. (]f AiS15TANTfTR?i1NCF.: '1,•, _! .~rwca.If. l+/~ The superv;e!ny rtailr certified rail estate appraiser did review al[ work gene by the assistanUh,ainee and vr. titles !hc assis'anr.'[raineo did assist with the items checked sbava. SIGNA7l1R1: E ttP~FRVISINu ST TE CERTIf=tED REAL ESTATE APYRAISL•R: _s - - - _-- -_ _ -- Hill, PA 17011 Borrower' Estate of Gloria B Stites File No.: 103poplar Property Address' 103 Poplar Street Case No.: rinr s~~mmAr~aiA State: Pa Zio: 17093 Alford ~EXINCTON INSUR,4hiCE COP,hPANY ~t11.111tiC.T~)\. UI{i_.~1~ iLl: Cc-rrficate Numh:r: F4f703gUS This irrtificate forms a ¢art of Master Policy 1lumber: Otli(k17gg7 Rerr_v:al of htaster PSI+cy 'lumber : i13ffI0c" YOUR RK,K PUP,CHASIIiG GROUP hUiST>=R PiJLIOY ISA CLaItAS I.L•'+C'E PrJLICY F'EAD THE dTTACHEiJ MASTER POLICY r~AREFIJLLY '1-_ aht_? ,~.~~: a;_"=1=hA"~ _= ST.^,TE C.~,'.".=G aP:=F.at~.FS :=~PT;F?GATE. ~ ~=C'_AR.",Tp;~t'J 1. Nana and Address ai G`=rtifi,~31= Hulce-r: Christoptrrlr M. C~F_stoakrl'bs Cakstack Appra+sal SeNiaes 3"UOGiern Road CampHFli PA 1'~J11 Certificate Feriad cffecaive Date: C£'OBu9 to Expication Gate: rJh0610 tea. F'F tr03 Ci1VC ~'atE: ~}•'~ C1S''65 ~. Limn of Lab+lity: 5 1.p0U,{.e~p eacha3aim 5 t,000,Cr06 aggtetaate3imit 1. L>=ductible: 5 1,QOG eachalaim S. pro€essional Cawred x•rviaes insurYd ty [ht; paiicy ara: F[+!_ [5":.T= =~==f'_~.i'=Al_ SF_f~'r'Cc: 6. Advance CYnificate Hotd_r premium: 5 g67 7. lAinimum Earnad Premium: 25°: or 5 242 Farms ar,d EndacsarcKnts: u pF=.:'t._ i'= -_~I _,ttte ~._pra~s-r5 Prc-e-: -r.-a.Li_odry D•sclararvn=. F'R~. 7, .= F-._ t ~.3 - _ _:.a. - - -- Pn~ir_c _ a ! .a~ rv I-orrr. f'I _;~~ 1C~2 Fur~aus ~.1cd C~cSJ~.r .~ '?3..e __ ~:~ ErrClw•rnant- ,_lat~~ _: ~., ._ E•c _::- ~-.^~'- _ .c'i„~r E•:cl ,_i ~r - _ .FF•_it~5 ~:SUj tkn ~ta~,k;nc En~orrwment F-'t ~i ~'C ..= C-m iCnn_r; F'r Cr=?=„I, _. .i=i~,SIC:, Err.]>erir•nl Agency Nam and Address: tNTERGORP; iNC. 143o-F V~'~st 1Aain Street Eplrata. PA 17x22 134.5 - _tt.[2~ ,':i.. ~ C~,~c•, -=---4'"HE:EFI-IFIQAi=r+~~_DE3. ~~:E_ ;!:'_ t.,•".~. DI`I;_... ~_ _,.. - :.••r~_i~ FL=;:_Li~._ 3~i`ti~~3. _UtF Y'--F r~r:PJ;t:H•`,clt..~~F7~=',i,, ,_; ~~:~T _..: r _ ___ .. - ~E _.~ . - ~_;~4 •, ~; r '.,~1_•,; 0`~ JF r~ ~LIF. STATE B;AY- I'~=CF•;t•!v_ :1_~._ ,_ =,I1;'.A`,Tr Fi •._. iS __u~?~~rigrat~_~in;raisaar.`._ra amicable Gale:b;t=_••-.-`-- 300 Glenn Road, Camp Hill, Borrower Estate of Gloria B Stites Flle NO.: 103poplar Pro ert AddresS:103 Po lar Street Case NO. : City Summerdale State' Pa Zip: 17093 Lender: Boswell Tintner Piccola & Alford _ _ ..- - --- ~ ' -"TG.:`..G ~. hisi7 ',. -~ ~ ~~ ~ .• ~ i i. l _ y • -Jyi~.~,-~~j~l.\iv ,, _ i. ~ k~. '` ~~V riT ti ktr tl5h'l'tt~'f ~1 al~ ~i^St `r 1'Ir':i l1i:Y h' V 1, r~ 1 ~ ': J ~ I SJ{ ~)e'~lilr'[:i3ititt (Ir `~lil(t' '' liur~~:ul rrF I'i•tlfl~~iotfRl art({ Cli~~tlp:ttiuii:il :a f3irs ~~ i'(s Hli~ ?h~Nl EI_u~ri.hur^ f"t I'€ii~-?fi-i'-+ ' . :a -; (. crli,fr.rlr 171,; c ~rl.ir:,nt~~~t,711<` _ _ _ ~ - : Cerlafl2d Fi BnlGr. rlf~pl f~))p-'.31~~.1 . , I.~~ I 1 y '_ 'i,I .F,. (ri 1[1:3t(CY-I rt IC.7fInn I1iR ~~ I=ti , ~ r .,r~rl U5,31~_,.5 i. ~ CNRIST~PH~R It vIG ~~::i,r; (~crikflCati• .; ~-_ 74!1 !lUf~q \ntalhrr ~'i ' l i C~NF ill_lF'A S~Ct! i t` i F21.1~`3151 ~ I•.7yi:'utinn Iluti _ I ~~ L' Il6i _iq; ZU1 "I it 'i~ t~~ it ~ ~'. i ~ ~~ r` l _.- .I ~ / r t' L ~" i ~r ~ i ,- i _ ,_ a _! ~i'~;°"gr- ~a71`~~t x.~RRF,; lr a ~• X754,1 7>~..-T~.~ .<` ;, -- ~' I Colestock Appraisal Services 300 Glenn Road Camp Hill, PA 17011 File No. 103 0 lar _-- __ .«+.....+ ..+x...+ INVOICE i i File Number: 103poplar ~i Estate of Gloria B Stites ~I Estate of Gloria B Stites Borrower . Invoice # Order Date ReferencelCase # PO Number 103 Poplar Street Summerdale, Pa 17093 Single Family Appraisal $ 300.00 Invoice Total $ 300.00 State Sales Tax @ $ o.oo I Deposit ($ ) ' Deposit ($ ) Amount Due $ 300.00 i Terms: Due upon receipt. I ~ Please Make Check Payable To: ' I Colestock Appraisal Services ! 300 Glenn Road Camp Hill, Pa 17011 I , Fed. LD. #: 187-52-6783 This firm is a sole proprietorship. Thank you for using our services. I i l I 300 Glenn Road, Camp Hill, PA 17011 Pro ert Address 103 Po tar Street City Summerdale County Cumberland State Pa Zip Code 17093 Lender Boswell,Tintner,Piccola & Alford APPRAISAL AND REPORT IDENTIFICATION This Appraisal Report is one of the following types: ^ Self Contained (A written report prepared under Standards Rule 2-2(a), pursuant to the Scope of Work, as disclosed elsewhere in this report.) ^X Summary (A written report prepared under Standards Rule 2-2(b), pursuant to the Scope of Work, as disclosed elsewhere in this report.) ^ Restricted Use (A written report prepared under Standards Rule 2-2(c), pursuant to the Scope of Work, as disclosed elsewhere in this report, restricted to the stated intended use by the specified client or intended user.) Comments on Standards Rule 2-3 certify 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) personal interest with respect to the parties involved. • I have no bias with respect to the property that is the subject of this report or the parties involved with this assignment. • My engagement in this assignment was not contingent upon developing or reporting predetermined results. • My compensation (or completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause 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 o(this appraisal. • My analyses, opinions and conclusions were developed and this report has been prepared, inconformity with the Uniform Standards of Professional Appraisal Practice. • I have (or have not) made a personal inspection of the property that is the subject of this report. • No one provided significant real property appraisal assistance to the person signing this certification. (If there are exceptions, the name of each individual providing significant real property appraisal assistance is stated elsewhere in this report.) Comments on Appraisal and Report Identification Note any USPAP related issues requiring disclosure and any State mandated requirements: APPRAISER: Signature: ~ ~~/~/~ Name: Christopher M. Colestock Date Signed: 08/11 /2009 State Certification A: RL-139151 or State License ~: State: PA Expiration Date of Certification or License: 06/30/11 Effective Date of Appraisal: 08/11/2009 SUPERVISORY APPRAISER (only if required) Signature: Name: Dale Signed: State Certification ;Y: or State License #: State: Expiration Date of Certifcation or License: Supervisory Appraiser inspection of Subject Property: ^ Did Not ^ Exterior~only from street ^ Interior and Exterior P~mKea u=~ au sdiwa,e. eoo.i~a.em www.~w«.eeam I15PPV06 Mark Heckman Real Estate Appraisers 1309 Bridge Street, New Cumberland, PA 17070 APPRAISAL OF File No. LotValle Slreet u .~ I ~+ y W - ~ "'i"+F~ry 3Y * Yr_ 1 ! - Y ... i" ~i yY ~FZ v ~. -'l - - ~11 111 1 - - ~~ .. ~ ~ y - - ~ _ _ .. .. ' - __ __. - Parcel No 09-12-2995-100 LOCATED AT: Valley Street, Parcel No. 09-12-2995-100 Summerdale, PA, 17093-8025 FOR: Jeffrey R Boswell, Esquire 315 N Front Street j Harrisburg, PA 17101 BORROWER: NA AS OF: January 5, 2009 BY: Jeremy D. Knox, PA Cert. Resid. Real Est. Appraiser Mark W. Heckman Real Estate Appraisers __ _- - - -- _--- ~ _ F'nOne: ! l /-/ /4-/NL F'aX: /l /-/ /4-U3tl3 tMAIL heckmanappraisers(o)comcast.net Mark Heckman Real Estate Appraisers LAND APPRAISAL REPORT • "`"•"~ C JtICCI Borrower NA Census Tract 0101.00 Map Reference 09-12-2995-100 Property Atldress Valley Street Parcel No. 09-12-2995-100 city Summerdale county Cumberland state PA zip code 17093-8025 Legal Descripfion Deed Book 21 D Paqe 183 Sale Price NA Date of Sale NA Loan Term NA yrs. Properly Rights Appraised ^X Fee ^ Leasehold ^__ De P.1inimus PUD Actual Real Estate Taxes $650.55 (yr.) Loan charges to be paid by seller NA Other sale concessions NA _ Lendedclient Jeffrey R Boswell Esquire Address 315 N Front Street Harrisburg PA 17101 occupant None _ Appraiser Jeremy o. Kwo.. RA cert. Resid. Real e Instructions to Appraiser This appraisal is bein y completed for the _ client stated herein for inheritance tax ur oses. - - Locabon Urban ^X Suburban ^ Rural Good Avy poor Built Up O Over 75 % ^ 25 % l0 75 % ^ Under 25 % Employment Stability ^ `'~ ~ ^ Growth Rate ^ lolly Dev_ ^ Rapid ~ Steady ^ Slaw Convenience to Employment ^ ~ ~ ^ Property Values ^ Increasing ~ Stable ^ Declining Convenience to Shopping ^~ X ~ '] Demand/Supply ^ Shortage ^X In Balance ^ Over Supply Convenience Io Schools ^ ~ Marketing Time ^ Under 3 Mos. ~ 4-6 Moe ^ Over 6 Mos. Adequacy of Public Transportation ^ ~~ ^ ^ • Present 75 % 1 Family 2 % 2-4 Family 2 % Apts 0 % Condo 15 % Commercial Recreational Facilities ^ ~ ^ ^ Land Use 0 % Industrial 6 % Vacant % Ade uac of ^ ~~ i^ ^ q y Utilities Change In Present Land Use ^X Not Likely ^ Likely Taking Place(`) Property Compatibility ^ ~ ^ ~~ I (')From To Protection from Detrimental Conditions ^ ~ ^ ^ Predominant Occupancy O Owner ^ Tenant % Vacant Police antl Fire Protection ^ ~ X1 ^ ^ Single Family Price Range 100 to 400+ Predominant Value 150-200 General Appearance of Properties ^ ~ ^ ^ Single Family Age NBW yrs. to yrs. 1 OO+ Predominant Age 5O+ yrs_ Appeal to Market ^~ X~ ~~ ^ Comments Including those factors, favorable or unfavorable, affecting marketability (e.g. public par ks, schools, view, noise) See Atta Chad Addendum Dimensions Irregular: See Parcel Map =.74 Acre IX c omer Lot Zoning Classl Pication GG: Commercial General and VO Village Overlay Distract Present Improvements ^X Do ^ Do Not Conform to Zonng Regulations Highest and Best use ^ present use ^X other (specify) Development of site with townhouse style residential dwelling unitti _ _ Public Other (Describe) OFF-SITE IMPROVEMENTS Topo ApprOX Street Level Elec. ^X str.Address ^X Pubrc ^ private size Slightly Larger Than Typical Gas ^ Surface Asphalt Shape Irregular Water i~ _ Maintenance O Public ^ Private View Average __ San. Sewer ~ ^X Storm Sewer ^X Curb/Gutter Drainage Appears Adequate ^ Underground Elec 8 Tel ^ Sidewalk ~ Street Lights Property located in a HUD identified Special Flood Hazard Arca'r^ Yes i~ No Comments (favorable or unfavorable including any apparent adverse easements, encroachments or other adverse conditions) See Attached Addendum The undersigned has reined three recent sales of properties most similar and proximate to the subject and has to be considered these in the market analysrs. The description Includes a dollar adjustment, reflecting market reacCion to those items of significant variation between the subject and comparable propenies. I(a significant item ;n the comparable property is supenor lo, or more favorable Ihan subject property, a minus (-) adjustment is made, thus reducing the indicated value of the subject, if a significant dem In the comparable Inferior to or less favorable Ihan the subject property, a plus (+) adjustment is made, thus Increasing the indicated value of the subject. ITEM SUBJECT COMPARABLE NO. 1 COMPARABLE NO. 2 COMPARABLE NO. 3 Address Valley Street 308 Pitt Street North Hanover Street 1031 Newville Rd Summerdale. Parcel No 09-12-2995-100 Enola, Parcel No 09-14-0834-071 Hummelstown,Parcel No31-055-008 Carlisle,Parcel No. 29-20-1792-003A Proxima to subect 1.1 Miles 12 Miles 17 Miles Sales Price $ NA $ 120,000 $ 100 000 ___ $ 85 000 Price $/S Ft. 120,000 , 100,000 , 85,000 Data Source Ins ection/Public Rcds MLS Re ort/Public Records MLS Re oNPublic Records MLS/Public Rcrds/Deed Date of Sale and DESCRIPTION DESCRIPTION +(-) Adjust. DESCRIPTION +(-)Adjust. DESCRIPTION +(.) gdjust. ' Time Ad ustment 08/2008 11/2009 10/2009 Location Suburban/Avera e Suburban/Av Suburban/Av Suburban/Inferior 20,000 sne/View Avera e Avera e Avera e Avera e _ Size 74 Acre 33 Acre 1.2 Acres 55 Acre H,g hest antl Hest Use Dev viol townhouses Dev with Townhouses Dev with Townhouses _ Oev with Townhouses Gov. A royal No Yes -30,000 No Yes -21,250 acr mw~ho~se u~ts Assumes 6 Units 4 Units 40,000 6 Units ___ 5 Units 20,000 sales or Financing Cash equivalent Cash equivalent _ Cash equivalent _ concessions None known None known None known Net Ad-. Total X + - $ 10 OOO X + _ $ 0 X + ^ $ _ 18 750 Indicated Value Gross: 58.3 Gross: 0.0 - Gross: 72.1 , of Sub~ect Net.- 8.3 $ 130 000 Nee 0.0 $ 100 000 Net 22.1 $ 103,750 comments on Market Data See Attached Addendum comments and conditions of Appraisal This appraisal is completed on the property in "As Is" condition Final Reconciliation See Attached Addendum ~~- ~ -- I ESTIMATE THE MARKET VALUE, AS DEFINED, OF THE SUBJECT PROPERTY AS OF January 5 ZOO9 to be 120000 • ~ ~/7~/ } ~ Appraiser Signature / _ Supervisor Signature (if applicabl~~~' / ~W ~~---~ Appraiser Name Jererrrf. Knr•~ , PA ~ert. Resid. Real Est. Appraiser Supervisor Name Mark W. Heckman PA Cert General A raiser , . /J X Did Did Not Physically Inspect Properly Date Report Signed 02101/201 O Date Report Signed 02/01/2010 _ State Certification # RL 003582 State PA State Certification # GA-000666-L State PA State License # State State License # Stale r,oauceu using n~i wiiwa~e. 800.21a.81I1 wwrv.aciweb.com Mark Heckman Real Estate Appraisers annFivnt fnn Borrower: NA File No.: LotValle Street Property Address: Vallev Street Parcel No 09-12-2995-t00 Case No City: Summerdale State PA Zip 17093 8025 Lender: Jeffrey R Boswell, Esquire Neighborhood Comments This suburban neighborhood has most public utilities available, relatively easy access to employment and services and is competitive with other neighborhoods in the general area. No unfavorable factors were observed which would adversely affect marketability. The subject has easy access to major travel routs which allow for easy access to Harrisburg City and surrounding suburban locations. Harrisburg is the State Capitol and center for employment and commerce. Route 11/15 is located within a short distance to the east of the subject and allows for easy north-south travel. Commercial properties are located throughout the Township and consist of retail, office, service, warehouse, or light industrial in usage. They have no negative effect on the subject property. Commercial properties within the subject's general neighborhood include Central Pennsylvania College, Summerdale Shopping center, restaurants, convenience stores, etc. Site Comments The subject site is situated at the southeast corner of the intersection of Valley Street and Poplar Street in East Pennsboro Township. The site is currently improved with a 2 car garage. Surrounding land uses include single family residential dwellings to the north and west. The subject is situated in a Commercial General zoning district. Current zoning allows for a wide range of commercial uses including multi family dwellings. The Highest and Best use of the subject site is deemed to be development with residential townhouse units. This report is made under the assumption that it is reasonable that six townhouse units could be constructed on the subject site. This would require razing of the garage currently constructed on the site. Comments on Sales Comparison After a thorough search of all available market data, the three sales used are considered to be the best indicators of value. Appropriate adjustments have been made for all differences. Focus was placed upon finding sales of other smaller sites which have townhouse development potential. It was necessary for the appraiser to expand the search area to find the comparables most similar to the subject. Comparable sales used are closed sales according to MLS records and/or Tax Assessment Records and deeds. All three sales are considered to be reliable indicators of value. The appraisers gave greatest weight to Comparable 1 because of its proximity to the subject. Governmental approval was obtained prior to the sales for comparables 1 and 3. No governmental approval was completed for Comparable 2 prior to the above sale. Sites without these approvals have a much greater risk associated with them and therefor lower value. Adjustments to the comparables for this approval is necessary. The appraisers made a 25°~ adjustment to the sale price of comparables 1 and 3. Comparable 1 has been improved with four townhouse units. Comparable 2 now has plans to be developed with six townhouse units. Comparable 3 has plans for 5 townhouse units. The appraiser made adjustments to the comparables of $20,000 per townhouse unit. Assuming the subject site will be developed with six units an adjustment of $40,000 was made to Comparable 1 and $20,000 to Comparable 3. Because of the adjustments for number of units, no adjustments for differences in site area are necessary. Final Reconciliation The Sales Comparison Analysis reflects recent activity in the market place and is the only applicable approach to valuing the subject property. This appraisal assumes a reasonable marketing period for the subject property of less than nine months. THE APPRAISER HEREBY CERTIFIES THAT THIS REPORT HAS BEEN PREPARED IN COMPLIANCE WITHIN THE UNIFORM STANDARDS OF PROFESSIONAL APPRAISAL PRACTICE (USPAP), THAT THE APPRAISER IS A DISINTERESTED PARTY AND THAT THE VALUE STATED IN THIS REPORT IS ACCURATE TO BEST OF THE APPRAISER'S ABILITY, AND THIS VALUE HAS NOT BEEN PREDETERMINED. All places in this report where the term estimate of Market Value should be replaced with the term opinion of Market Value. The value stated in this report is an opinion of the Market Value of the subject property. Adderr~um Page 1 0( 7 File No. LotValleyStreet DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a competitive and open marke under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is no affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of Title fro 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) payrnen is made in terms of cash in U.S. dollars or in terms of financial arrangements comparable thereto; and (5) the price represents the norma consideration (or the property sold unaffected by special or creative financing or sales concessions' granted by anyone associated with th sale. "Adjustments to the comparables must be made for special or creative financing or sales concessions. No adjustments are necessary foi 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 comparisons to financing terms offered by a third pa« y institutional lender that is not already involved in the property or transaction. An} adjustrnenl 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 reaction (o the financing or concessions based on the Appraiser'sjudgment. STATEMENT OF LIMITING CONDITIONS AND APPRAISER'S CERTIFICATION CONTINGENTAND LIMITING CONDITIONS. The appraiser's certification that appears in the appraisal report is subject to the following conditions: ~. 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 noI render any opinions about the title. The properly is appraised on the basis of i( 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 to assist the reader o(lhe report in visualizing the property and understanding the appraiser's determination of its size. 3. The appraiser has examined the available flood maps Thal are provided by the Federal Emergency Management Agenry (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 makes 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 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 inspec(ion 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 property 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 Thal might 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 [he 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 S(andards of Professional Appraisal Practice. 9. The appraiser has based his or her appraisal report and valuation conclusion (or 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. 70. The appraiser must provide his or her prior written consent before the lenderlclient specified in the appraisal report can disUibute 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 mortgage 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 Columbia; except that the lenderlclient 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 written consent. The appraiser's written consent and approval must also be obtained before the appraisal can be conveyed by anyone to the public through advertising, public relations, news, sales, or other media. Vacant Land Page 1 of 2 File No. LotValleyStreet APPRAISERS CERTIFICATION: The Appraiser certifies and agrees that. 1 I have researched the subject market area and have selected a minimum of three recent sales of properties mos( similar and proximat to the subject property for consideration in the sales comparison analysis and have made a dollar adjustment when appropriate to reflect th market reaction to those items of significant variation. It a significan( item in a comparable property is superior to or more favorable than the subject property, I have made a negative adjustment to reduce the adjusted sales price of the comparable and, if a significant item in a comparable property is inferior lo, or less favorable than (he subject property, I have made a positive adjustment to increase the adjustec sales price of the comparable. 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 withheld any significan( information from the appraisal report and I believe, to the best of my knowledge, that all statements and information in 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 subjec( 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 report, 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 andlor 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 subject properly or of the present owners or occupants of the properties in (he vicinity of the subject property. 5. I have no present or contemplated future interest in the subject property, and neither my current or future employment nor my compensation for performing this appraisal is contingent on the appraised value of the property. 6. I was not required to report a predetermined valuo. or direction in value that favors the cause of the client or any related parry, the amoun( of the value estimate, the attainment of a specific result, or the occurrence of a subsequent event in order to receive my compensation andlor 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 performed this appraisal in conforrnily 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 ehec[ive 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 defini(ion of market value and the estimate I developed is consislenf with the marketing time noted in the neighborhood section of this report, unless I have otherwise staled in the reconciliation section. 8. 1 have personally inspected the subject property and the exterior of all properties listed as comparables in the appraisal report. I further certify that I have noted any apparen( or known adverse conditions in the subject improvements, on the subject si(e, or on any site within the immediate vicinity of the subject property of which I am aware and 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 o(the subject properly. 9. I personally prepared all conclusions and opinions about the real estate that were set forth in the appraisal report, If I 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, i(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 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 above, and am taking full responsibility for the appraisal and the appraisal report. ADDRESS OF PROPERTY APPRAISED: Va APPRAISER: Signature: _ Name: Jere K ,c, P Cert. Resid. Real Est. Appraiser Date Signed: 2/01'2010 State Certification N: RL 003582 or State License #: State: PA Expiration Date of Certification or License: 06/30/11 Parcel No. 09-12-2995-100, Summerdale, PA, 17093-8025 SUPERVISORY APPRAISER (only if required) Signature: G~~~~ ~ / / ~~~--~ ~_, Name: Ma,k W. Heckman, PA Cert. General Appraiser Date Signed: 02/01 /2010 State Certification ~: GA-000666-L or State License N: State: PA Expiration Dale of Certification or License: 06/30/11 Did ^ Did Not Inspect Property Vacant Land Paoe 2 of 2 Borrower NA File No. LotValle Street Pro en Address Valle Street, Parcel No. 09-12-2995-100 -- Cif Summerdale Count Cumberland State PA Zi Code 17093-8025 Lender Jeffre R Boswell, Es uire APPRAISAL AND REPORT IDENTIFICATION This Appraisal Report is one of the following types: ^ Self Contained (A written report prepared under Standards Rule 2-2(a), pursuant to the Scope of Work, as disclosed elsewhere in this report.) Summary (A written report prepared under Standards Rule 2-2(b), pursuant to the Scope of Work, as disclosed elsewhere in this report.) ^ Restricted Use (A written report prepared under Standards Rule 2-2(c), pursuant to the Scope of Work, as disclosed elsewhere in this report, restricted to the stated intended use by the specified client or intended user.) Comments on Standards Rule 2-3 I certify 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) personal interest with respect to the parties involved. I have no bias with respect to the property that is the subject of this 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 assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause 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 appraisal. 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 property that is the subject of this report. No one provided significant real property appraisal assistance to the person signing this certification. (If there are exceptions, the Warne of each individual providing significant real property appraisal assistance is stated elsewhere in this report.) Comments on Appr aisal and Report Identification Note any USPAP related issues requiring disclosure and any State mandated requirements: Clarification of Intended Use and Intended User: The Intended User of this a raisal re ort is the Client. The Intended Use is to evaluate the ro ert that is the sub ect of this appraisal for inheritance tax ur oses. No additional Intended Users or uses of the report are identified by the annraisar ~ All places in this report where the term estimate of Market Value should be replaced with the term opinion of Market Value The value stated m this report is an opinion of the Market Value of the subiert nrnnartv Marketing Time and Exposure Time for the Subject Property ^ A reasonable marketing time (or the subject properly is 120-270 days(s) utilizing market conduons pertinent to the appraisal assignment. ^X A reasonable exposure time for the subject property is 120-270 days(s). APPRAISER. Signature: ~~ ~i~1'=-- Name: JeremvS/vr<nox, rA Cert. Resid. Real Est. Appraiser Date Signed 02/01/2010 State Certification q: RL 003582 or State License M: State. PA Expiration Date of Cenifcation or License: 06/30/11 Effective Date of Appraisal. January 5 2009 SUPERVISOR~APyPRAISER (only ifrequired~: Signature: ~~ ~ i~~~ -~~ Name: Ma,K W. Heckman PA Cert General Appraiser _ _ Date Signed: 02/01 /2010 State Certification k: GA-000666-L or State License k: State: PA Expiration Date of Certification or License: 06/30/11 Supervisory Appraiser inspection of Subject Prapeny: ^ Did Not ^X Exterior-only From street ^ Interior and Exterior SUBJECT PROPERTY PHOTO ADDENDUM Borrower NA Flie No.: LotValle Street Property. Address: Valley Street Parcel No. 09-12-2995-100 Case No' CCU Summerdale __ SIa[e' PA Zip' 17093-8025 Lender. Jeffrey R Boswell Esawre FRONT VIEW OF SUBJECT PROPERTY Appraised Data: January 5, 2009 Appraised Value: ~ 120,000 _ _-_ -.. ~' SPEED LIMIT ~ +r t 35 I,~ ~.~ :~r~.al;l „~ .~,i-~ R,;- ~, REAR VIEW OF SUBJECT PROPERTY STREET SCENE ~~ _,~. .~ __ ~~ i PI nrnnao Borrower: NA file No.: LotValle Street Pro erty AddreSS: Valley Street Parcel No 09-12-2995-100 Case No City: Summerdale State' PA Zip 17093-8025 Lender. Jeffre R Boswell, Es wre -- I ~y t . € ~ "~ 1 a ~ a ~~ ~`. v _ Imo/ F~ ~~ `~ ' 11'' ~ ~ t~ ~ t ~. ;I k:~ _ j . .1 _ j'd ~~T - ~~ i •y ~~~~n~ ,~ u. ~ 'i ~ ~ ~ I' r. ~ '~, ,may .' ' ,° Ci ~ ~ '°°°111 `'•, 1 ! ,! e ~~5 ' ~aJ ( Fa • % K 1 1 ~ I , ~ , 1 ~~ / ~ • '1 ~~ s W '~ i Y~ 1 +~ = ~f ~ ~ ~ .. Y ~ a ~ ,` . ~~ ~ ~:. ~1 w~ ~ }~ I ~- ~ ~ :;~ ~a ~ ~ v 'x ~ z 1 PJ'+ ~ t 0 i 1s'cr / ~ ~'~~ ~ ~ 1,1 c~ may, w .` ~ "~ ~x,1~ €~~ ;, ~ m t a:. _ ~• - ~`*~ v ' ~ ~~ ti ~ , ~ ~1 ~ ~ '~S ti ~~y~k r ~ % ~~~' ~ ~ f dp ~ \ ~ ~b/ - , ' f ~ , ' ' ~+. ~ ir ia ar ~~. ( 1 - t ~ > .. ~~ ~ ~ ' -A} ' ~ . ~ 1x J ~ Y .! i S., a Cq. rr . : $' r ~' ,_~~ , , 1 ~. .~'•~6~ i • v.d4 ~ r d ( .~ ~ °~' x'. 'may ' 1 ~ t ... t. ~_ p. fl Sl fli l~ U 11 ~ • l U1 •~'' ~ - .t~ K h1 ~ I ~ ~ ~ , , . ~h. , . ~ ~R iff ~( - • , ~ 11 ~r we ~F'~y . ' ~_ •~ •f' ~i... w'V' 'F Ya'_~-.. ~iM~~Jll~tllf''.I'Y' ~I: ~R~,~' ~Y=-~ Ph.,..o~ ~~~ ~~n ~~nn _. -____ -_ t I ~~, , _. - ~ ..~~~ ~ ~ .. ~-v.l~.~ LlvinlL I Icl.nll ldlltl {JUI aIJe rSI(11COfT1Ca S[_f1P.I LOCATION MAP Qorrower: NA File No.: Lotvalle Street Property Address: Valley Street Parcel No 09-12-2995-100 C2Se No.: Qty: Summerdale State' PA Zlp 17093 8025 Lender Jeffre R Boswell, Es wre -- <;rw r: illy. panhLiu ~ ~ ., ..~.. ~yki `v,4' - - -- - I ~ ~ v fvl Linglestown -- J I lli=J~-,a SII HI III III b' U.11~ - t 0111 ) ~ ~i~ ~ t~ ~tSyVv _ ~+ I, ~ , ~ yiSnunenl.-Ile I Y Ei l t,OIl1~J _ - _ _ - - :i ~, lo ~ '~~ Nslsh Hv Harrisl>tlrg ;: r _,. ,_ ., \ F.4Yf IN 5T tlllll llll Cl51,~ :'JII CS : U ~ '. r;Sl kl'~~ ~ ' In,- !.awl HIII L mny~ue F~ISNh, ;hy- ttew I(w ' ! v(Il~ ~; a L~ pr-v I = ~' Steelton Il I L - fJa I I ~rrtul y ew aw ellau I ~. 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I 1 .I u.: i1 .r. ~ i n, 1 fey P LI li.~,.. i"Jfy 'Ii _.i .n. ~ . i~-,.. .. r... .:... y :.... -.:hrd ~~IR `.1 chi= A Phone: 717-774-7202 Fax: 717-774-0383 EMAIL heckmanappraisers(o)comcast.net 7UU2 Oldsmobile Intrigue -Private Party Pricing Report -Kelley Blue Book Page 1 of 2 P~v '~'~^ I(elle~ flue B~ot~k .~f THE TRUSTED RESdURCE ~_~ Q/~/~ kbfe.com Send to Printer ~:i, _, tisa~rri~~nt ~ .r~te:~l yet [=xplorer cannot display the webpage 2002 Oldsmobile Intrigue GX Sedan 4D ~" 'J E - - - Condition Value ~ ~. ~~A~ <''i'.~ t:~Ce~IC-'i'1'~ $4,~Fs0 ~L r: _ , ~ ...;~, fsoOC1 $3,885 Fair $3,435 (selected) Vehicle Highlights Mileage: 68,000 Engine: V6 3.5 Liter Transmission: Automatic Drivetrain: FWD Selected Equipment Standard Air Cr~~~ditionii,a Tilt UVhecl vual Front Air Bags Po~::-gar SC~_ering Cruise Control ABS (4-Wheel) Pow~.r Windows Af~1JFM Stereo Alloy Wheels Po~.Ner Door Locks single Compact Disc Blue Book Private Party Value Private Party Value is what a buyer can expect to pay when buying a used car from a private party. The Private Party Value assumes the vehicle is sold "As Is" and carries no warranty (other than the continuing factory warranty). The final sale price may vary depending on the vehicle's actual condition and local market conditions. This value may also be used to derive Fair Market Value for insurance and vehicle donation purposes. Vehicle Condition Ratings ~4,7~(T • Looks new, is in excellent mechanical condition and needs no reconditioning. • Never had any paint or body work and is free of rust. • Clean title history and will pass a smog and safety inspection. • Engine compartment is clean, with no fluid leaks and is free of any wear or visible defects. • Complete and verifiable service records. Less than s% of all used vehicles fall into this category. :. $3y805 • Free of any major defects. N ~, rC_ Close Windov~ , F ~ ~"' ~~;1„fir , b.. r. . 'Oll <.. it c i;t,;. I Il E 1'~- http://www.kbb.com/KBB/UsedCars/PricingReport.aspx?WebCategoryId=38&Yearld=20... 9/23/2009 2002 Oldsmobile Intrigue -Private Party Pricing Report -Kelley Blue Book Page 2 of • Clean title history, the paints, body, and interior have only minor (if any) blemishes, and there are no major mechanical problems. • Little or no rust on this vehicle. • Tires match and have substantial tread wear left. • A "good" vehicle will need some reconditioning to be sold at retail. Most consumer owned vehicles fall into this category. ~ Fail' (Selected) $3,435 • Some medianical or cosmetic defects and needs servicing but is still in reasonable running condition. • Clean title history, the paint, body andJor interior need work performed by a professional. • Tires may need to be replaced. • There may be some repairable rust damage. 1`~ j ,~0 • Severe mechanical and/or cosmetic defects and is in poor running condition. • May have problems that cannot be readily fixed such as a damaged frame or crusted-through body. • Branded title (salvage, flood, etc.) or unsubstantiated mileage. Kelley Blue Book does not attempt to report a value on a "poor" vehicle because the value of these vehicles varies greatly. A vehicle in poor condition may require an independent appraisal to determine its value. Pennsylvania 9/Z3/2009 http://www.kbb.com/KBB/LJsedCars/PricingReport.aspx?WebCategoryId=38&Yearld=20... 9/23/209 APPRAISAL REPORT OF PERSONAL PROPERTY OF Gloria B. Stites 103 Poplar St. Summerdale, PA 17093 for: Gloria B. Stites 103 Poplar St. Summerdale, PA 17093 AS OF: September 7, 2006 BY: IBIS APPRAISAL y~' SERVICES 1451YHanoverSt. P.O.Box24 Carlisle, PA 17013 (717)243x3474 .~~ 2,5,E-9502 lbisasC~eartbliztknet ~~ ~ ~ ic,~~~q~ e~~ Personal Property Listing Coins & Currenc 1 Proof Sets. US Coin proof sets. 1971-1979, 1980 (x2), 1981 (x2), 1984, 1985 (x4), 1986-1989, 1990 (x3), 1991-1993, 1995, 1997. Location: Box 1. $202.00 2 Whitman Book. Roosevelt Dimes 1946. Complete set up to 1978D. Location: Box 2. $35.00 3 Whitman Book. Washington Quarters 1946. Complete set. Location: Box 2. $45.00 4 Whitman Book. Lincoln Cents 1941. Complete set up to 1974. Location: Box 2. $10.00 5 Whitman Book Washington Quarters. 1980-1990D. Location: Box 2. $8.00 6 Whitman Book. Washington Quarters. 1960-19795. Location: Box 2. $18.00 7 Whitman Book. Lincoln Cents. 1974D-1990D. Location: Box 2. $0.50 8 Whitman Book. Roosevelt Dimes. 1980-1990D. Location: Box 2. $3.20 9 Whitman Book. Liberty Half Dollars. 19165, 1916D, 1917$, 1917D, 1918, 1919, 1920, 19205, 1920D, 19235, 19275, 1929S, 1929D, 19335, 1934, 19345, 1935, 19355, 1935D, 1936, 1936D. Location: Box 2. $163.00 10 Whitman Book Franklin Half Dollars. Except for 1952S. Location: Box 2. $82.00 11 Whitman Book. Jefferson Nickels. 1959-1990D. Location: Box 2. $5.00 12 Whitman Book. Kennedy Half Dollars. Up to 1979D except for 1965D. Also has 1981, 1983. Location: Box 2. 13 Whitman Book. Lincoln Cents. 1909 VBD - 1940D except for 19095 VDB. Location: Box 2. 14 Whitman Book. Mercury Dimes. 1916-1945 except 1916D and 1921 D. Location: Box 2. 15 Whitman Book. Buffalo Nickels. 1913-1938 except for 1921 S. Location: Box 2. 16 Whitman Book. Kennedy Half Dollars. 1988-1990D. Location: Box 2. 17 Whitman Book. Jefferson Nickels. Complete 1938- 1959. Location: Box 2. 18 Book. Library of Coins Album, Vol. 28. 1956-1967. Location: Box 2. 19 Coin. One Sacagawea dollar. Location: Box 2. 20 Note. 1800s Dauphin Deposit bank note. Location: Box 3. Corre ondin Di 'tal Photo a h File: r0317048. ' 21 ~- r Currency Replicas. Four Civil War currency replicas. Location: Box 3. Corresponding Digital Photograph File: r0317049 jpg $15.00 I $210.00 I $50.00 I $360.00 $5.00 $25.00 $15.00 $1.00 $10.00 $2.00 22 Token. Green plastic Washington sales token. Location: Box 3. $0.50 Corresponding Digital Photograph File: x0317050 jpg i 23 ~ + ~ Commemorative Coins. Two New Hampshire commemorative coins: White Mountains. $8.00 ~~ Location: Box 3. -. Corresponding Digital Photograph File: x0317051 jpg ~a:~: ~. ; ~ `+~ 24 Commemorative Coin. Marysville Centennial $3.00 commemorative coin. Location: Box 3. Corresponding Digital Photograph File: x0317052 jpg 25 Coin. Franklin Mint Pennsylvania Bicentennial coin. Location: Box 3. $4.00 Corresponding Digital Photograph File: x0317053 jpg 26 Coins. Three Good Luck pennies. Location: Box 3. $6.00 Corresponding Digital Photograph File: x0317054 jpg _ ~~' 27 Wooden Nickels. Thirty Nine wooden nickels. Location: Box 3. $2.00 _ ~:= ~`~ .~- ` ~, f: «~~ - Corresponding Digital Photograph File: x0317055 jpg 28 '~^ ~ ~~ ~~~ ~- o.., r ,,, r- __ - Coin. Commemorative 75 Anniversary of Pennsylvania State Capital 1906-1981. Location: Box 3. Corresponding Digital Photograph File: r0317056 jpg $4.00 29 " ~ _ _ ~ Coin. Commemorative George Washington coin. 1732- 1982. Corresponding Digital Photograph File: r0317057 jpg $4.00 30 Proof Set. 1976 proof set. Location: Box 3. $6.00 31 Coins. Bill of Rights commemorative coins by US Mint. Location: Box 3. $13.00 32 Coins. Uncirculated Eisenhower dollars: 1971 (x2), 1972 (x2), 1973, 1974. Location: Box 3. $32.00 33 Coin. One Sacagawea dollar. Location: Box 3. $1.00 34 Coin. One 1979 Susan B. Anthony dollar. Location: Box 3. $1.00 35 ~ ~; -~ Note. 500 German note, 1926. Location: Box 3. Corre ondin Di 'tal Photo a h File: r0317058. ' $2.00 36 Coins. Dimes. 1975, 1976D, 1976, 1989P. Location: Box 3: White Envelo e. $0.40 37 Coins. Quarters. 1976 (x6), one Massachusetts state quarter. Location: Box 3: White Envelo e. $1.75 38 ~ Coins. Nickels 1937, 1950, 1964, 19695, 1971D, $0 45 1973, 1977. Location: Box 3: White Envelo e. 39 Coin. One Venezuela coin -denomination 1. Location: Box 3: White Envelo e. $0.25 40 Cents. Lincoln cents. 1969, 19705, 1972, 19725, 1973, 1975, 1978 (x2). Location: Box 3: White Envelo e. $0.10 41 Coin. 1969 Canadian Cent. Location: Box 3: White Envelo e. $0.01 42 Mint Sets. 1977 uncirculated mint sets (x2). Location: Box 3: White Envelo e. $10.80 43 Coins. Kennedy half dollars. 1971 (x2), 1973, 1976, 1976D (x2), 1974 (x3), 1978, 1979 (x2), 1983P, 1989P. Location: Box 3: White Envelo e. $7.00 ~ Coins. Four Susan B. Anthony dollars and two uncirculated Susan B. Anthony dollars. Location: Box 3: White Envelo e. $6.00 45 Canadian Notes & Coins. Notes: $1 (x3), $2 (x2). Coins: 5¢ (xl), 10¢ (x2), 25¢ (x7), 50¢ (xl). Location: Box 3. $7.00 46 Currency. Two 1976 $2 bills. Location: Box 3. $6.00 47 Currency. $1 bills. 1969D (x3), 1974 (x5), 1977 (xl), 1977A (x l ). Location: Box 3. $10.00 48 Wooden Nickels. Two more wooden nickels. Location: Box 3. $0.10 49 ~~s j 3 ~ 5c a ;. T-_.~.. _ Mileage Stamn. 1943 Gas mileage stamp. Location: Box 3. Corresponding Digital Photograph File: r0317059 jpg $1.00 10 50 Coin. Commemorative George Washington proof coin. 1732-1982. Location: Box 3. $4.00 51 Proof Set. Bicentennial 1976 proof set. Location: Box 3. $12.00 52 Books. Three blank Year Sets books. Location: Box 3. $3.00 53 '~ Nn Coins. 1947 coin set. Location: Box 4. Corresponding Digital Photograph File: x0317060 jpg $3.50 54 _ Coins. Proof sets, uncirculated Philadelphia. 1960- 1965. Location: Box 4. Corresponding Digital Photograph File: x0317061 jpg $35.00 55 Coins. Proof sets. 1957, 1958, 1959, 1966, 1967-1969, 1970 (x2), 1971 (x3), 1972 (x2), 1973 (~), 1974-1984, 1985 (x2), 1986-1988, 1989 (~), 1990 (x2), 1991- 1998. Location: Box 4. $260.00 56 Coins. Mint sets. 1999-2005. Location: Box 4. $105.00 ;. ~ , . \ ~ Firearms 57 Rifle. J.C. Higgins 22 caliber rifle, Sears & Roebuck. Corresponding Digital Photograph File: x0317063 jpg $70.00 58 Shot ugun. Winchester Model 12, 16 gauge shotgun. Serial number: 1493033. Corre ndin Di 'tal Photo h File: x0317064. $450.00 59 Shotguun. Winchester Model 94 shotgun. Serial number: 1462143. Pre 1964...1946-1948. Corre ondin Di 'tal Photo a h File: x0317065. " $500.00 11 SUMMARY APPRAISAL REPORT PERSONAL PROPERTY Personal Property of the Estate of Gloria B. Stites, deceased d. o. d. July 13, 2009 103 Poplar St. Summerdale, PA 17093 Clients: Jeff Boswell, Esq. Boswell, Tintner, Piccola 315 N. Front St. P.O. Box 741 Harrisburg, PA 17101 Amy McAdam 207 2"d St. Summerdale, PA 17093 Effective Date of Appraisal: Date of Death (d. o. d.) July 13, 2009 Date of Report: September 20, 2009 ~~s A~raisa~ Sevv~ces .r¢S N. Hanouer St. P.D Bo~lc'2¢ C~t'rlsle PA r~oz3 (717) 243-3474 ~"nfo@rbisapptaisals.com wwivibisapprarsals. com TABLE OF CONTENTS Table of Contents Appraisal Scope of Work Appraisal Extraordinary Assumptions Appraisal Hypothetical Conditions Appraisal Summary Digital Photograph & CD-ROM Instructions Personal Property Listing Automobile Electronics & Appliances Folk Art Furniture Glass Hunting c~ Fishing Lamps & Lighting Paper Pottery & Porcelain Silver & Other Metals Tools Appraisal Summary (Copy) Glossary Appraisal Certification References Privacy Notice Statement of Qualifications APPRAISAL SCOPE OF WORK I hereby certify that, upon the clients' request for the appraisal of the personal property of Gloria B. Stites, deceased, 103 Poplar St. Summerdale, PA 17093, that I have appraised the personal property to determine the Fair Market Value for the purpose of an estate, effective date as of the date of death July 13, 2009 and reported on September 20, 2009. The client for this estate personal property appraisal is Jeff Boswell, Esq., 315 N. Front St., P.O. Box 741 Harrisburg, PA 17101. The intended users of this appraisal are Atty. Boswell, Amy McAdam and any other person(s) authorized by Atty. Boswell. The date of inspection was August 11, 2009. I have personally and physically inspected the listed personal property. The personal property was found to be in good to excellent condition, unless otherwise noted. The some of the china, silver and crystal were appraised as assemblages, rather than piece-by-piece. The information and values contained in this report are based upon my experience as an appraiser and other reliable sources using a Sales Comparison Approach to determine Fair Market Value. [Fair Market Value is used in divorces and estates in the state of Pennsylvania.] A market data analysis with comparable sales transactions was used to reconcile the quality and quantity of data. Values are reported piece-by-piece, and/or as a whole. All values reported have been determined with consideration to the condition of the item, market conditions, and salability factors. All analyses, notes and paperwork are found in the workfile. its Appraisal C.A. Director APPRAISAL EXTRAORDINARY ASSUMPTIONS c~a Vehicle does work. c~3 Coins & Firearms from 2006 appraisal were dispersed and/or sold before date of death. APPRAISAL HYPOTHETICAL CONDITIONS APPRAISAL SUMMARY It is in my opinion, that as of d.o.d July 13, 2009, the Fair Market Value of the personal property of Gloria B. Stites, deceased, 103 Poplar St. Summerdale, PA 17093: (Thirteen Thousand Nine Hundred Ninety One Dollars and Zero Cents) ($13,991.00) pis Ay~y~raisa~ C.A. irector The report must be read in its entirety The Appraisal Summarv ONL Y is not the appraisal report DIGITAL PHOTOGRAPH & CD-ROM INSTRUCTIONS Ibis Appraisal Services has provided you with a CD-ROM that houses all of the digital photographs of all of the items appraised. The CD-ROM also contains a saved copy of the appraisal report. This CD-ROM may be kept with the paper copy of the appraisal report or kept off-site, such as a safety deposit box. The photographs are saved in the JPEG picture format, meaning that all of the file names end with a ".JPG". The file names correspond to the written appraisal report's Corresponding Photograph File that is included at the end of each item appraised. Getting started with your CD-ROM 1. Insert the CD-ROM into your computer's CD-ROM Drive. If you do not have a computer or access to a CD-ROM Drive--a copy store, office supply store, or public library will be able to help you view and/or print your pictures. 2. Your computer may contain one or several different software programs that will allow you to view your pictures. Examples of these programs are Draw, Photo Editor, Picture It! Express, Photo Suite, My Photo Center, Photo Studio Lite, Photo Shop Pro, Picture CD, or Photo Deluxe. The nroeram that is included with a digital camera is another way to view our ictures • Select the program for viewing photographs and open the program. 3. Click FII,E, and Click OPEN. 4. Use the Pull-Down, "Look in" Menu and select the D Drive (D:) or whichever drive is designated as your CD-ROM (sometimes this may be the E Drive (E:) on your computer). ~ NOTE • Your CD-ROM Drive is designated with a small CD-ROM graphic Icon or a cartoon representing the drive. • The drives of your computer can be found under My Computer section of the Pull- Down "Look in" Menu. Common Drives are: A Drive (floppy disc drive), the C Drive (hard disc drive), the D Drive (CD-ROM Drive), and the E Drive (sometimes CD-ROM Drive; sometimes an external drive, like a CD-ROM Writer, Zip, or Jazz Drive). 5. Double-click on the photograph you wish to view. PERSONAL PROPERTY LISTING Cat o :Automobiles 1 -_ ~ '~ ~ Camper. 1991 Sprinter travel trailer & camper. Ford E350. VIN: IFDKE30H3MHA10591. Corresponding Digital Photograph File: img 3422 jpg $5,000.00 Cate o :Electronics & A liances 2 ~~ " -~ _~.= ~, Television. Older model Zenith console television. Corresponding Digital Photograph File: img 3347 jpg $8.00 3 ~' ~L _ Television. Magnavox color television. Corresponding Digital Photograph File: img 3390 jpg $40.00 4 _ , :~: ~. rt~_ Freezer. Upright Frigidaire freezer. Corresponding Digital Photograph File: img 3395 jpg $85.00 5 "_ '~ ~- t ..,~~ ~,_,~ rh k ~: , Kiln. Modern pottery kiln. Maker: Sitter. 230Vac, 45Amps. Corresponding Digital Photograph File: img 3396 jpg $150.00 Cate o :Folk Art 6 r -'' ~ Wood Carvinss. Collection of Efon, Hanah, Italy, Anri type $450.00 - °- ~ .: ; wooden folk art figurines. ~ Corresponding Digital Photograph Files: img 3375- img 3382 jPg . -.n. ~_ „..: ~. ~ `' ~ _ Kachina Dolls. Collection of Kachina dolls carved by Vernon $30.00 Victor Blessing. Corresponding Digital Photograph Files: img 3384- img 3386 jpg Cate o :Furniture 8 Sofa & Chair. Twentieth century plush sofa & matching chair. $10.00 Corresponding Digital Photograph Files: img 3342 & - '~"" img 3349 jpg ~ ~ ~~ ~„r..:. ' 9 End Tables. Two twentieth century end tables. $10 00 "` ~' ` -: Corresponding Digital Photograph File: img 3343 jpg . f ~~,,., 10 Chair. Twentieth century green plush chair. $1, 00 Corresponding Digital Photograph File: img 3348 jpg r_ ~.: ;~ 11 Cabinet. Twentieth century vertical display cabinet. $35.00 Corresponding Digital Photograph File: img 3350 jpg 12 ~ Cabinet. Twentieth century vertical display cabinet. $35.00 Corresponding Digital Photograph File: img 3358 jpg _,~; 13 `` i ~ ~ ` " Cabinet. Twentieth century oak cabinet. $150.00 ~~' ;,,~~ <a .fix Corresponding Digital Photograph File: img 3360 jpg 14 _ " ~" DrX Sink. Vintage nineteenth century pine dry sink with one $225.00 drawer and two doors. `~~ ~ 4 ~ Corresponding Digital Photograph File: img 3361 jpg 15 Chair. Vintage early twentieth century child's rocking chair. $40.00 Corresponding Digital Photograph File: img 3364 jpg 16 wool Cabinet. Vintage cherry nineteenth century Willimantic $760.00 `--~+~; r_`:, z. spool cabinet with six drawers. Corresponding Digital Photograph Files: img 3365- img 3367Jhg 17 18 19 20 21 22 Table. Vintage nineteenth century cherry drop-leaf table. $100.00 ~: -- - Corresponding Digital Photograph File: img_3368 jpg ~,-: ,~. _. Piano. Twentieth century Regency piano. $35.00 `' Corresponding Digital Photograph File: img_3369 jpg Chair. Twentieth century Middle Eastern chair. $5.00 Corresponding Digital Photograph File: img_3371 jpg Sofa/Sleeper. Twentieth century plush sofa with pullout bed. $25.00 Corresponding Digital Photograph File: img_3372 jpg ~~ ~ .~ Barrel. Iron apple butter barrel. $45.00 Corresponding Digital Photograph File: img_3388 jpg ` Chair. Twentieth century rocking chair. $25.00 ~,~ > Corresponding Digital Photograph File: img_3392 jpg ~'-~; I in 23 Table. Twentieth century round table with fluted legs. __ Corresponding Digital Photograph File: img 3403 jpg 124 125 126 27 ~'~ ~; ~: ,~, ~4 ~ '{ ~:. ~ - «_' -1 ~~ Chair. Twentieth century plush green chair. Corresponding Digital Photograph File: img 3404 jpg Chairs. Four twentieth century pine dining/kitchenette chairs. Corresponding Digital Photograph File: img_3405 jpg Mirror. Twentieth century pine wall minor. Corresponding Digital Photograph File: img 3406 jpg Bench. Long twentieth century pine bench. Corresponding Digital Photograph File: img 3407 jpg 28 Bedroom Suite. Twentieth century bedroom suite. Suite includes double bed, chest with minor, chest and washstand. ~_, _ Corresponding Digital Photograph Files: img 3409 & ~. ~~ ~t _ img 3410:1Pg $75.00 $1.00 $40.00 ~ $15.00 I $55.00 ~ $250.00 ~ ~t 29 Chest. Early twentieth century oak chest with mirror. $175.00 Corresponding Digital Photograph Files: img_3408 & img_3413 jpg _~:. _~, ~' ~~' Drv Sink. Miniature dry sink. $200.00 30 Corresponding Digital Photograph File: img_3411 jpg ~. ~~ End Tables. Two matching end tables. $30.00 31 Corresponding Digital Photograph File: img 3414 jpg Cate o :Glass 32 _ ~~ ~ Bottles. Small collection of glass bottles: medicine and milk. $150.00 Corresponding Digital Photograph Files: img 3393 & im 3394. ' 33 Bell. Clear crystal glass bell. 7 '/2" tall. $15.00 Location: Built-in Cabinet: Shelf 1. Corresponding Digital Photograph File: x0317066 jpg Vase. Clear crystal glass square vase. 6 '/a" tall. $25.00 34 Location: Built-in Cabinet: Shelf 1. Corresponding Digital Photograph File: x0317067 jpg i~ Vase. Blue crystal glass bud vase. 9 3/0" tall. $10.00 35 Location: Built-in Cabinet: Shelf 1. Corresponding Digital Photograph File: x0317068 jpg Glass. Tall drinking glass. 7'/4" tall. $5.00 36 Location: Built-in Cabinet: Shelf 1. Corresponding Digital Photograph File: x0317069 jpg Vase. Floral etched clear glass bud vase. 6 '/4" tall. $20.00 37 Location: Built-in Cabinet: Shelf 1. Corresponding Digital Photograph File: x0317070 jpg 38 Glasses. Clear crystal glass champagne glasses. 8 '/Z" tall. $20.00 Location: Built-in Cabinet: Shelf 1. Corresponding Digital Photograph File: x0317071 jpg Cruet. Clear crystal glass cruet. 6" tall. $5.00 39 '_~~" Location: Built-in Cabinet: Shelf 2. ,'` Corresponding Digital Photograph File: x0317072 jpg 13 40 Pitcher & Tumblers. Clear crystal cut glass pitcher and six $150.00 tumblers. Pitcher: 8" tall. Tumblers: 3 3/0" tall. Location: Built-in Cabinet: Shelf 2. r Corresponding Digital Photograph Files: r0317073 & ,~` ~~.~ ~~~' r0317162JPg _ ~ 1~ 41 _ CeleT sh• Clear crystal pressed glass celery/relish dish. 2 $20.00 + u ~ ~~ '/z" tall, 9" wide. rt '~ Location: Built-in Cabinet: Shelf 2. Corre ondin Di 'tal Photo a h File: r0317074. 42 Relish. Swirled clear crystal relish. 2" tall, 9" wide. $15.00 l ~~ ~~i ;, ~ ~~ Location: Built-in Cabinet: Shelf 2. Corresponding Digital Photograph File: r0317075 jpg 43 ~ Relish. Clear crystal glass, pressed relish. 2" tall, 10" wide. $10.00 { ~= ~`~` Location: Built-in Cabinet: Shelf 2. Corre ondin Di "tal Photo a h File: r0317076. 44 Perfume. Clear crystal glass perfume, dated 1979. 5" tall. $10.00 ' .~~° Location: Built-in Cabinet: Shelf 2. _ ' ~~, _ Corresponding Digital Photograph File: r0317077 jpg 45 ~-~: Glass. Clear crystal glass wine glass. 6" tall. $5.00 t Location: Built-in Cabinet: Shelf 2. v ~~ Corresponding Digital Photograph File: r0317078 jpg 46 - , ~f Vase. Cranberry glass vase. 6" tall. $45.00 ~,51r`~ Location: Built-in Cabinet: Shelf 3. '~ ~. ,~~ Corresponding Digital Photograph File: r0317079 jpg i4 'j' Creamer. Pilgrim cranberry glass creamer. 3 '/2" tall. $10.00 47 ~ ,~~ ~~` ~ Location: Built-in Cabinet: Shelf 3. Corresponding Digital Photograph File: r0317080 jpg 48 ~~:. - Vase. Swirled cranberry glass vase. 8" tall. $30.00 Location: Built-in Cabinet: Shelf 3. Corresponding Digital Photograph File: r0317081 49 Dish. Clear crystal glass pressed dish. 1 '/z" tall, 6 '/2" wide. $10.00 ~~ ~, ,,. ~ Location: Built-in Cabinet: Shelf 3. .~' F Corresponding Digital Photograph File: r0317082 jpg 50 Bowl. Clear crystal glass, pressed and etched bowl with lid. 6 $25.00 '/z" tall. '., L~ ~ Location: Built-in Cabinet: Shelf 3. Corresponding Digital Photograph File: r0317083 jpg .~ : ,. 51 - Graw/Sauce. Large clear crystal glass, pressed gravy or sauce $40.00 ~.;~ -~ bowl. 6 '/z" diameter. ~~ "' `-` Location: Built-in Cabinet: Shelf 3. Corresponding Digital Photograph File: r0317084 jpg 52 Vase. Blue crystal glass vase. 10 3/a" tall. $15.00 Location: Built-in Cabinet: Shelf 3. Corresponding Digital Photograph File: r0317085 jpg 15 Pitcher. Large cobalt blue glass pitcher. 10'/2" tall. $30.00 53 ~~ Location: Built-in Cabinet: Shelf 3. Corresponding Digital Photograph File: x0317086 jpg Candv Dish. Clear crystal glass, pear motif covered candy $10.00 54 ,. dish. 8" tall. Location: Built-in Cabinet: Shelf 4. `~;'~`=' ~`~` Corresponding Digital Photograph File: x0317087 jpg F ~ Candv Dish. Clear crystal glass, floral motif covered candy $10.00 55 ~ ,. ~~ dish. 7" tall. -n =~''° Location: Built-in Cabinet: Shelf 4. Corresponding Digital Photograph File: x0317088 jpg 56 Decanter. Clear crystal glass, grape motif decanter. 7" tall. $15.00 Location: Built-in Cabinet: Shelf 4. Corresponding Digital Photograph File: x0317089 jpg 57 - Decanter. Clear crystal glass, wheat rye motif decanter. 8" $10.00 tall. Location: Built-in Cabinet: Shelf 4. Corresponding Digital Photograph File: x0317090 jpg 16 Sg Dish. Clear crystal glass, pressed dish. 2 '/2" tall, 4" wide. $15.00 Location: Built-in Cabinet: Shelf 4. '~j``a Corresponding Digital Photograph File: x0317091 jpg 59 Bowl. Clear crystal glass, pressed bowl. 3 '/4" tall, 8" $15.00 ,~. diameter. ~~ Location: Built-in Cabinet: Shelf 4. .~~:: ~ Corresponding Digital Photograph File: x0317092 jpg 60 Bowl. Bohemian clear & cobalt crystal glass, cut bowl. 3 '/z" $30,00 ':~: tall, 6 '/z" diameter. Location: Built-in Cabinet: Shelf 4. Corresponding Digital Photograph File: x0317093 jpg 61 Decanter. Clear crystal glass decanter. 10'/2" tall. $5.00 Location: Built-in Cabinet: Shelf 4. Corresponding Digital Photograph File: x0317094 jpg 62 ''~ ~~ ~_ Bowl Clear crystal glass, pressed bowl in pomegranate apple $20.00 ~%~"~ ~ ~; motif. 3" tall, 9" diameter. Location: Built-in Cabinet: Shelf 5. /'.,.~o.~,nH~ivrv 1~ivital Photograph File: x0317095 jpg 63 ~~' '~ ~ Bowl. Clear crystal glass, pressed and cut bowl with four feet. $25.00 _~~ ~ ~ `` 5" tall, 11" diameter. 3 ;~- Location: Built-in Cabinet: Shelf 5. Corresponding Digital Photograph File: x0317096 jpg 64 u~ Bowl. Clear crystal glass, pressed bowl. 3" tall, 9" diameter. $30.00 .m_y Location: Built-in Cabinet: Shelf 5. k"l~a~ Corresponding Digital Photograph File: x0317097 jpg t~ 65 Vase. Swag drape motif glass swirl vase. 7 '/z" tall. $10.00 Location: Built-in Cabinet: Shelf 5. - ' Corresponding Digital Photograph File: x0317098 jpg 66 Bowl. Clear crystal glass, pressed and cut bowl. 4 '/z" tall. $25.00 Location: Built-in Cabinet: Shelf 5. Corresponding Digital Photograph File: x0317099 jpg 67 Ice Bucket. Clear crystal glass, etched ice bucket with tongs. $15.00 10" tall, 5 '/z" diameter. ~.~, ;, Location: Built-in Cabinet: Shelf 5. `' -~ ~s- Corresponding Digital Photograph File: x0317100 jpg .~-~; ~-- ~~' ' ~ 68 _ Bowl. Clear crystal glass, pressed and cut bowl. 3" tall, 8'/4" $35.00 J diameter. Matches bowl below #96. ~;4i~ ~,~;~~ t~ Location: Built-in Cabinet: Shelf 5. .~ '~ Corresponding Digital Photograph File: x0317101 jpg 69 Bowl. Clear crystal glass, pressed and cut bowl. 3 3/a" tall, 11" $30.00 ~~~~. diameter. Matches bowl above #95. F Location: Built-in Cabinet: Shelf 5. i . Corresponding Digital Photograph File: x0317102 jpg 70 Basket. Clear crystal glass, pressed basket. 10" tall. $75.00 Location: Freestanding China Cabinet: Shelf 1. Corresponding Digital Photograph File: x0317103 jpg ix 71 I Candv Dish. Clear crystal glass, etched covered candy dish. $40.00 6" tall. Location: Freestanding China Cabinet: Shelf 1. Corresponding Digital Photograph File: x0317104 jpg 72 Basket. Clear crystal glass, pressed and cut basket. 7" tall. $40.00 Location: Freestanding China Cabinet: Shelf 1. Corresponding Digital Photograph File: x0317105 jpg 73 `r'' Bell. Clear crystal glass bell. Tritchler Winterhalder $10.00 `"` Bliekristall. 8" tall. `_~ Location: Freestanding China Cabinet: Shelf 1. Corresponding Digital Photograph File: x0317106 jpg 74 Candv Dish. Clear crystal glass, covered candy dish. 8" tall. $5.00 Location: Freestanding China Cabinet: Shelf 1. Corresponding Digital Photograph File: x0317107 jpg 75 Basket. Clear crystal glass, pressed basket. 9'/i" tall. $15.00 Location: Freestanding China Cabinet: Shelf 1. Corresponding Digital Photograph File: x0317108 jpg 19 76 ,, '~ ~~ Plate. Clear crystal glass plate with silver overlay and $15.00 ` ~ " y handles. 7" diameter. ~~~ Location: Freestanding China Cabinet: Shelf 1. ~~"~-,~; Corresponding Digital Photograph File: x0317109 jpg .._ ., l:..:.~ ~~ `- ~~, Plate. Hand-painted green depression vaseline glass plate with $10.00 '' handles. 7" diameter. "~~ ~ Location: Freestanding China Cabinet: Shelf 1. Corresponding Digital Photograph File: x0317110 jpg ,~~" ,_ ~g Creamer & Sugar. Clear crystal glass, pressed star motif $15.00 ." creamer and sugar. ~.~~ ~ Location: Freestanding China Cabinet: Shelf 2. Corresponding Digital Photograph File: x0317111 jpg 79 Vase. Clear crystal glass snake bud vase. 8" tall. $3.00 ..~ Location: Freestanding China Cabinet: Shelf 2. Corresponding Digital Photograph File: x0317112 jpg 80 Vase. Clear crystal glass, pressed vase. 7" tall. $15.00 Location: Freestanding China Cabinet: Shelf 2. ' Corresponding Digital Photograph File: x0317113 jpg 20 g 1 _~ a - Vase. Clear crystal glass, very thin bud vase. S" tall. $15.00 Location: Freestanding China Cabinet: Shelf 2. Corresponding Digital Photograph File: x0317114 jpg 82 Suuar. Clear crystal glass with metal top sugar. 6" tall. $5.00 Location: Freestanding China Cabinet: Shelf 2. Corresponding Digital Photograph File: x031711 S jpg 83 ~ Candlesticks. Two clear crystal glass candlesticks. 4" tall. $10.00 ~f '~! " ~ Location: Freestanding China Cabinet: Shelf 3. Corresponding Digital Photograph File: x0317116 jpg 84 Compote. Clear crystal glass, pressed compote. 6 '/4" tall. $20.00 _~'`'~ ~ Location: Freestanding China Cabinet: Shelf 3. Corresponding Digital Photograph File: x0317117 jpg 85 Dish. Clear crystal glass, pressed covered dish. 5'/Z" tall. $15.00 Location: Freestanding China Cabinet: Shelf 3. Di 'tal Photo a h File: x0317118 jpg ondin Sy' P Corre 8z 8' 21 86 Bowl. Clear crystal glass, pressed bowl. 4" tall, 5 '/z" diameter. ~ f Location: Freestanding China Cabinet: Shelf 3. ~' ~,E', ' Corresponding Digital Photograph File: r0317119 jpg t~ __ <~''' g~ Vase. Clear crystal glass, pressed vase. 6'/2" tall, 6" diameter ,,,,. ~w;; ~° Location: Freestanding China Cabinet: Shelf 3 . Corresponding Digital Photograph File: r0317120 jpg 88 ~ ~~~~ 89 ~, ~~~ r ,- ~:. "s- ;, ~~' ~ ~ Yt: 90 ~ "fi _` ¢~~ ~ ~ ~~ 91 ,~A ~~ d Cuu & Suear• Clear crystal glass, cut cup and sugar with silver rim. Location: Table. Corresponding Digital Photograph File: r0317121 jpg Creamer Sugar & Candv Dish. Clear crystal glass, cut creamer, sugar and candy dish. Candy dish: 1 '/Z" tall, 5" diameter. Location: Table. Corresponding Digital Photograph File: r0317122 jpg Taothpick Holder. Clear crystal glass, pressed toothpick holder. 2'/z" tall. Location: Table. Corresponding Digital Photograph File: r0317123 jpg Knife Rest. Clear crystal glass, cut knife rest. 4" long. Location: Table. Corresponding Digital Photograph File: r0317124 jpg ~~ $15.00 $20.00 $30.00 $60.00 $10.00 ~ $40.00 ~ 92 ~ . - Napkin Rings. Two clear crystal glass, cut napkin rings. 2" $60.00 '' - °-~ - diameter. ~. ~ , ~ ~ t Location: Table. , ~ ~ - : ;- ; Corresponding Digital Photograph File: x0317125 jpg ~ . - _~: 93 Com ote. Clear crystal glass, pressed and cut compote. 5" $25.00 ., ` ~ tall, 5" diameter. '~ Location: Table. Corresponding Digital Photograph File: x0317127 jpg 94 Hat. Clear crystal Venetian button hat. 2 3/a" tall. $10.00 Location: Table. Corresponding Digital Photograph File: x0317128 jpg ;,~=, ~,;a~;: 95 ~~~~'' ~ Suooner. Clear crystal glass, pressed spooner. 3 '/2" tall. $15.00 Location: Table. ~.' ; Corresponding Digital Photograph File: x0317129 jpg ~.. v ,~ ~ `f_ .~ yF 96 Basket. Clear crystal glass, cut basket. 6" tall. $65.00 Location: Table. -;' , ~, f Corresponding Digital Photograph File: x0317131 jpg - t- ~ ,``~ ~, ~ ., 97 -~; Sugar. Clear crystal glass, angular sugar. 4" tall. $50.00 ~= Location: Table. 4 Corresponding Digital Photograph File: x0317130 jpg ~r~ ,...~. 23 98 Vase. Clear crystal glass, cut vase. 5 '/z" tall. $150.00 Location: Table. - Corresponding Digital Photograph File: r0317132 jpg ,, .:~ ,, ~ - `_ . , x ~~, ~ ~. . ~,: ,, ,.:~ 99 ' <~ Cruet. Clear crystal glass, pressed cruet. 7" tall. $10.00 Location: Table. Corresponding Digital Photograph File: r0317134 jpg 100 "~'~~ `'~ Finger Bowl. Clear crystal glass, pressed finger bowl. 2" tall, $5.00 ~`~`~`~"' S" diameter. ' { Location: Table. ~ ' _ i Corresponding Digital Photograph File: r0317135 jpg ~~,. .. ~ W Y t"...- 101 Bowl & Undertrav. Clear crystal glass, cut bowl and " $300.00 ~~ undertray. Bowl: 4" tall, 12" diameter. Undertray: 2" tall, 14 ~. ~^~ wide. Location: Table. Come ondin Di 'tal Photo a h Fide: r0317136. 102 Bowl. Clear crystal glass, pressed and cut bowl. 3 '/2" tall, 8 $30.00 '/z" diameter. Location: Table. Corresponding Digital Photograph File: r0317137 jpg 103 Pitcher. Clear crystal glass, etched grape motif pitcher. 9 '/z" $15.00 Q1 'a tall. ~ Location: Table. Corresponding Digital Photograph File: r0317139 jpg §< ~a "~ Glass. Clear crystal glass, drinking glass. 5 '/a" tall. $1.00 104 ~4 ~~ ~~ Location: Table. ~ ,~. Corresponding Digital Photograph File: r0317140 jpg :,~ ` '' , ,~~'1 .:r :o, - Bell. Clear crystal glass, pressed bell. 7 '/z" tall. $5.00 105 Location: Table. Corresponding Digital Photograph File: r0317141 jpg 106 Vase. Clear crystal glass, etched vase. 10'/4" tall. $10.00 Location: Table. Corresponding Digital Photograph File: r0317142 jpg ~~ y ~: 107 Vase. Large clear crystal glass, cut vase. 12'/z" tall. $250.00 Location: Table. Corresponding Digital Photograph File: r031743 jpg 108 ~~ ^ Creamer & Covered Butter. Clear crystal glass, pressed $30.00 creamer and covered butter dish. Creamer: 3 '/2" tall. Butter dish: 7" tall. ,i~' , - Location: Table. ~_ ~~- Corresponding Digital Photograph File: r0317144 jpg 75 109 Vase. Clear crystal glass, pressed and cut floral motif vase. 8 $25.00 3/4" tall. Location: Table. _ Corresponding Digital Photograph File: r0317145 jpg _ ~,~ ~~ '•yi: ~" ~. 110 Pitcher. Clear crystal glass, pressed pitcher. 8'/2" tall. $20.00 ~` ~~~ Location: Table. ~~~ ~ Corresponding Digital Photograph File: r0317146 jpg ~- ., " 111 z'~` tall. Butter Dish. Clear crystal glass covered butter dish. 7 $25.00 ~ ~ Location: Table. ~ ' Correspanding Digital Photograph File: r0317148 jpg ~ _-~ ~-- x ~ :. _ ~F xt .u ~, , 1 112 Decanter & Glasses. Clear crystal glass decanter with five $65.00 glasses. Decanter: 13" tall. Glasses: 6'/z" tall. -~' Location: Table. Corresponding Digital Photograph File: r0317147 jpg r^ ~~ r; _ ~. 113 ~~-~= Sherbet. Clear crystal glass sherbet bowl with sterling silver $2.00 ~~~~~ ~ Duchin base. 4" tall, 4 '/z" diameter. ~~ Location: Table. ~~ ~ Corresponding Digital Photograph File: r0317149 jpg ~- z~ 114 Bowl. Clear crystal glass, pressed and cut bowl. 3 '/z" tall, 8" $45.00 diameter. ~ Location: Table. Corresponding Digital Photograph File: r03171 SO jpg 115 - Vase. Clear crystal glass vase with peacock feather motif. 10 $45.00 f '/z" tall. ~; .~~ Location: Table. i`rr,-~ Corresponding Digital Photograph File: r0317152 jpg ,,._ ,_ ~~,;~f r~<~ ., . `~ ~y 116 - / y3 Dish. Clear crystal glass, cut dish. 1 '/2" tall, 8" wide. $40.00 a,~ ~° ~ ~ ~' Location: Table. Corresponding Digital Photograph File: r0317153 jpg 117 Vase. Clear crystal glass, pressed vase. 9" tall. $25.00 4 ~ Location: Table. ~. Corresponding Digital Photograph File: r03171 SS jpg ,._ 118 ~ ~, ~, CURS. Set of four clear crystal glass miniature cups. 1" tall. U°'f~~ '~ ~ Location: Table. -~~~ -'~`°~~ ~ ~ Corresponding Digital Photograph File: r0317156 jpg ~~ ~. ~~~. '.. .tea a ~~, -t, ~.: $4.00 27 119 Com.._pote. Clear crystal glass, pressed compote. 5" tall, 4'/2" $35.00 diameter. ;,.-~~~: ~~ ~ t Location: Table. `"~ Corresponding Digital Photograph File: x0317157 jpg >, -,_v . ~_.,~.~; ;~.. 120 Compote. Clear crystal glass, pressed compote. 5" tall, 5" $30.00 '`° ~ ~_ diameter. .~ Location: Table. Corresponding Digital Photograph File: x0317158 jpg ,~ ~t :;~: - ;~:~~, 121 - Pitcher. Clear crystal glass pitcher. $15.00 Location: Table. Corresponding Digital Photograph File: x0317159 jpg ,~, ~:: 122 ~,~ Dish. Clear crystal glass, cut dish. 1 '/2" tall, 6" wide. $45.00 z Location: Table. ~, ' ~ ~' ' Corresponding Digital Photograph File: x0317160 jpg r ~.. 123 -~- Dish. Clear crystal glass, cut dish. 1" tall, 6'/2" wide. $65.00 ~' ~~~ `~' Location: Table. Corresponding Digital Photograph File: x0317161 jpg 28 124 Bowl. Clear crystal glass, pressed and cut floral motif bowl ~~ ' 4" tall, 8" diameter. Location: Table. == Corresponding Digital Photograph File: x0317164 jpg ~: , _ .„ ~, 125 Pitcher. Clear crystal glass, cut pitcher. 10" tall. ~~~~ Location: Table. Corresponding Digital Photograph File: x0317165 jpg ,_. 126 ~s~ ~, ..- Ce e .Clear crystal glass, pressed celery. 2" tall, 8" wide. 1~ ~. ==~; Location: Table. f~ . , '` £ ~ ~- Corresponding Digital Photograph File: x0317166 jpg ~~5 127 Chid & Dip Set. Clear crystal glass, pressed and cut chip and I dip set. Two pieces. 10" diameter. b ! Location: Table. . _ Corresponding Digital Photograph File: x0317167 jpg 128 Bowl. Clear crystal glass, pressed bowl with bird motif. HOF ,~` ~~ I `"' Bauer. 5" tall, 14" diameter. t Location: Table. ~'~rrv.cnnytdinQ niQital Photograph File: x0317168. jpg 129 Bowl. Clear crystal glass, pressed bowl. 3 '/Z" tall, 8 '/z" y' ~ diameter. _ '~ Location: Table. _ Corresponding Digital Photograph File: x0317170 jpg 29 $75.00 $100.00 $25.00 $45.00 $35.00 I $30.00 ~ 130 a ' .a Bowl. Ruby glass crystal bowl. 5" tall, 6 '/z" diameter. $10.00 Location: Table. Corresponding Digital Photograph File: r0317169 jpg 131 ~ Dish. Clear crystal glass, cut. 2" tall, 9" diameter. $45.00 ,~. ;. `" Location: Table. ~ ~, Corresponding Digital Photograph File: r0317171 jpg 132 Bowl. Clear crystal glass, pressed and cut bowl. 4" tall, 9'/2" $55.00 diameter. ~~~~~~ Location: Table. Corresponding Digital Photograph File: r0317172 jpg 133 Bowl. Clear crystal glass, etched roses motif with feet. 7" tall, $25.00 7"diameter. Location: Table. -~ ~_: Corresponding Digital Photograph File: r0317174 jpg j _ 134 _ Box. Clear crystal glass, pressed covered box. 2 'h" tall, 4 '/z" ~ $15.00 wide. ~~ - ' "=~ Location: Table. ~R ~ ~ Corresponding Digital Photograph File: r0317175 jpg - ~s~~ _.~ 135 Bowl. Clear crystal glass, pressed and cut bowl. 3 '/a" tall, 12 $50.00 '/Z" diameter. - Location: Table. Corresponding Digital Photograph File: r0317176 jpg 30 136 Bowl. Clear crystal glass, cut bowl. 3 'h" tall, 8" diameter. $100.00 Location: Table. =, ~~= : ' ` Corresponding Digital Photograph File: x0317177 jpg T ;, ~ ..;~ 4~r~ ~.~ ~ 137 Bowl. Clear crystal glass, cut bowl with undertray. Bowl: 3 $350.00 '/z" tall, 10" diameter. Undertray: 13" x 7'/2". Location: Table. ,.r, ^; ' Corresponding Digital Photograph File: x0317178 jpg ~, _ *1~ ;, ,~, Cate o : Huntin & Fishin 138 ''~' Powder Horns. Two powder horns. One is modern replica. $75.00 r Corresponding Digital Photograph File: img 3389 jpg 4 139 ~ ~ Licenses. Collection of vintage early twentieth century $200.00 j7t ~''~ ~,~" hunting licenses: 1935-1961. . ,, ,, , - Corresponding Digital Photograph Files: img 3418- nA~' `',A ~~ img 3420JPg ~~, ,~ Z~~~ Cate o :Lam s & Li htin 140 Lam s. Two twentieth century table lamps. $16.00 Corresponding Digital Photograph File: img 3344 jpg ~i 141 Lama. Twentieth century daisy patterned glass oil lamp. $10.00 j Corresponding Digital Photograph File: img 3345 jpg ~~ 5::- ~, Cat o : Pa er 142 Marriage Certificate. Early twentieth century marriage $5.00 ~ ~ certificate. Torn in half, badly damaged. k '~ ~°~`~- Corresponding Digital Photograph File: img _3346 jpg Y Cate o : Potte & Porcelain 143 ~ •> Vase. Twentieth century Nippon vase. $125.00 Corresponding Digital Photograph File: img 3351 jpg ~ :; ,;, ~Y ~ ~/ f ~ ~' P' 144 ~'® ,,~ _: ~~ Tea Set. Twentieth century Nippon teapot and creamer. $35.00 ~ ~ Corresponding Digital Photograph File: img 3352 jpg , ~ '' - "~~ 145 Vase. Blue and white oriental vase. $35.00 .~ Corresponding Digital Photograph Files: img 3353 & ~ img 3357 jpg ~- I } ~~i ~,. r 32 146 Lighthouses. Small collection of Danbury Mint lighthouse $115.00 figurines. Corresponding Digital Photograph File: img 3359 jpg 147 Vase. Twentieth century art pottery vase. Maker: Pisgah $65.00 Forest. Corresponding Digital Photograph Files: img 3362 & _ img 3363 jpg , 148 Crock. James Keiller & Sons Dundee Marmalade crock. $5.00 Corresponding Digital Photograph File: img 3373 jpg ._~ 149 China Service. Modern china service for eight. Maker: Lenox. $160.00 Pattern: Wheat. - Corresponding Digital Photograph File: img 3397 jpg Cate o :Silver & Other Metals 150 ~` - ' ~ ~` Armor. Twentieth century decorative suit of armor. Corresponding Digital Photograph File: img 3391 $5.00 ~~ 151 `° x Flatware Service. Sterling silver flatware service for eight. $575.00 ' Maker: Gorham. Pattern: Lyric. 4 Corresponding Digital Photograph File: img 3398 jpg ~;. 152 Silver Pieces. Three silver serving pieces: sugar tongs, cake $30.00 _ slice server and sauce ladle. Three Crowns, Pottsville, PA. Corres ondin Di 'tal Photo a h File: im 3400. ' Cate o :Tools 153 ' ~ Grinders. Three vintage early twentieth century meat grinders. $30.00 f` ' Corresponding Digital Photograph File: img 3370 jpg :';i' 4 } 154 Tools. Selection of vintage workman tools. $325.00 ,~ Corresponding Digital Photograph Files: img 341 S & ` img 3416jpg y~ ~;: ~" F. 155 Tools. Selection of modern workman tools. $150.00 Corresponding Digital Photograph Files: img 3402 & img 3417 jpg Total $13,991.00 34 (COPS [t is in my opinion, that as of d.o.d July 13, 2009, the Fair Market Value of the personal property of Gloria B. Stites, deceased, 103 Poplar St. Summerdale, PA 17093: (Thirteen Thousand Nine Hundred Ninety One Dollars and Zero Cents) ($13,991.00) -is A~~raisa~ Services C.A. -irector The report must be read in its entirety. The Appraisal Summary ONLY is nvt the appraisal report GLOSSARY Extraordinary Assumption. An assumption, directly related to a specific assignment, which, if found to be false, could alter the appraiser's opinions or conclusions [USPAP]. Fair Market Value. The price at which a property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of relevant facts [IRS Regulation Section 1.170A-1(c)(2)]. Hypothetical Condition. That which is contrary to what exists but is supposed for the purpose of analysis [USPAP]. Replacement Value. The term replacement value refers to the amount that an entity would have to pay, at the present time, to replace any one of its assets [Wikipedia]. Sale Comparison Approach. This approach compares an object property's characteristics with those of comparable objects that have recently sold in similar transactions [Wikipedia]. CERTIFICATION OF APPRAISAL I certify that, to the best of my knowledge and belief: - The statemerns 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 present or prospective interest in the property that is the subject of this report and no personal interest with respect to the parties involved. - I have no bias with respect to the property that is the subject of this report or to 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 assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the cliern, the amourn of the value opinion, the attainmern 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 has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice. - I have made a personal inspection of the property that is the subject of this report. - No one provided significant personal property appraisal assistance to the person signing this certification. This appraisal was based upon the following assumptions, limitations, and conditions: 1. The information contained in this report was gathered from sources considered reliable, personal examination, research of authenticity and comparable sales and/or auction prices. 2. No responsibility is assumed for matters that are legal in nature, including, but not limited to: the representation of others concerning the value, authenticity, condition, origin, or provenance of an item appraised. 3. The appraiser assumed that a normal and careful examination of the property was sufficient to determine its quality and condition and that no extraordinary examination procedures were to be utilized, unless these were specially requested and the expenditure of funds therefore authorized. 4. The appraiser's court attendance and expert testimony report, if required, are not included as part of this report. The appraiser does have the right to refuse testimony. It is the firm belief of the appraiser that the information furnished in this appraisal report and the conclusions drawn from this information are true and correct, but they are not guaranteed. APPRAISAL REFERENC;~S Alderfer's Auction. 501 Fairground Rd. Hatfield, PA 19440. 215-393-3003. http : //www. alderferfinearts. com/ Art Fact. http:%/www.artfact.com Conestoga Auction Company Inc. 768 Graystone Rd. Manheim, PA 17545. 717-898- 7284. http://www.conestogaauction.com/auctions/ Craig_s List. http://www.craigslist.com eBav. http://www.ebay.com Elmer Murray Auctions. Richard P. Murray. 717-790-2240. http: //www. richardmurryauctioneer. com/ Gottshall, Jr. RoXAuctions. 113 Forge Rd. Boiling Springs, PA 17007. 717-258-6222. Hershey Dan Auctioneering Service. 3 Brown Rd. Shippensburg, PA 17257. 717-532- 4647. Hess Auctions. John M. Hess Auction Service, Inc. 1667 Cider Press Road Manheim, PA 17545. 717-664-5238. http://www.hess-auction.com/ Internal Revenue Service. IRS Publication 561. http://www.irs.gov/pub/irs-pdf/p561.pdf Internal Revenue Service. IRS Regulation Section 1.170A-1(c)(2). Ocker Carl E. Auction. 4401 Philadelphia Ave. Chambersburg, PA 17201. 717-264- 6578. http://www.kennysauction.com/ Pook &Pook. 463 East Lancaster Ave. Downingtown, PA 19335. 610-296-4040. http : //www. pookandp ook. com Uniform Standards of Professional AQpraisal Practice. http://www. appraisalfoundation. org Wikinedia. http://en.wikipedia.org/wiki/Replacement value PRIVACY NOTICE Pursuant to the Gramm-Leach-Billey Act of 1999, effective July 1, 2001, appraisers, along with all providers of personal financial services are now required by federal law to inform their clients of the policies of the firm with regard to the privacy of client nonpublic personal information. As professionals, we understand that your privacy is very important to you and are pleased to provide you with this information. In the course of performing appraisals, we may collect what is known as "nonpublic personal information" about you. This information is used to facilitate the services that we provide to you and may include the information provided to us by you directly or received by us from others with your authorization. We do not disclose any nonpublic personal information obtained in the course of our engagement with our clients to nonaffiliated third parties, except as necessary or as required by law. By way of example, a necessary disclosure would be to our independent contractors, and in certain situations, to unrelated third party consultants who need to know that information to assist us in providing appraisal services to you. All of our independent contractors and any third party consultants we engage are informed that any information they see as part of an appraisal assignment is to be maintained by strict confidence within the firm. A disclosure required by taw would be a disclosure by us that is ordered by a court of competent jurisdiction with regard to a legal action to which you are a party. We will retain records relating to professional services that we have provided to you for a reasonable time so that we are better able to assist you with your needs. In order to protect your nonpublic personal information from unauthorized access by third parties, we maintain physical, electronic, and procedural safeguards that comply with our professional standards to insure the security and integrity of your information. STATEMENT OF QUALIFICATIONS Alyssa L. Loney, C.A. Presently Director and Founder of Ibis Appraisal Services. Member of Institute of Appraisal of Personal Property, American Society of Appraisers, International Society of Appraisers, and Professional Coin Grading Service. Professional Designations and Certifications ISA Course Completions - Core Course in Appraisal Studies - Antiques & Residential Contents USPAP - Uniform Standards of Professional Appraisal Practice C A Certified Avvraiser of Personal Prouertv designation earned through course work and classes provided by the Institute of Appraisal of Personal Property. Archaeolo ical Resources Protection Act Course -Archaeological Resources Protection Act of 1979, National Historic Preservation Act of 1966, the Native American Graves Protection and Repatriation Act and the American Antiquities Act of 1906. Professional Accomplishments ~ State Historical and Underwater Archaeologist for the State of Louisiana. ~ Attended the Conservation of Indian Artifacts Symposium sponsored by the Smithsonian Institution and the Tunica-Biloxi Indian Reservation, Marksville, Louisiana.. ~ Director of the West Virginia University Historical Costume Museum. ~ Research Archaeologist/ Artifact Instructor for CADW (Welsh Historic Monuments)/ University of York, England. ~ Research and Preservation Specialist for the Maryland Historical Trust. ~ Presented and published works for national and international organizations including the Society for Historical Archaeology, Middle-Atlantic Archaeology Conference, Southeastern Archaeological Conference, Louisiana Archaeological Society, and the Maryland Historical Trust. Education B.Sc. Historical Textiles and Clothing, 1992, West Virginia University, Morgantown, West Virginia, United States. M.A. Medieval Archaeology, 1995, University of York, York, England. C.A.P.P. Certified Appraiser of Personal Property, 2001, Institute of Appraisal of Personal Property, York, Pennsylvania, United States. A.R.P.A. Certified to conduct investigations and damage assessment that pertains to violations of the United States federal, state, and local laws pertaining to archaeological sites and cultural properties. S.B.D.C. First Step Entrepreneurial Series, 2001, Kutztown University of Pennsylvania, Small Business Development Center. Conducts extensive on-site appraisals, assessments, analyses, and authentication of personal and cultural property. Operates on local, national, and international levels. Conducts research on all objects considered personal and cultural property.