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HomeMy WebLinkAbout06-15-101505610101 REV-15oo Exto~_~o, enns lvania OFFICIAL USE O LY PA Department of Revenue p Y Bureau of Individual Taxes ::`P~F,M;~` ~~ .,"`~,,. County Code Yea File Number PO BOX 28o6oi INHERITANCE TAX RETURN ` U U `1 Harrisbur , PA 17128-0601 RESIDENT DECEDENT Q~ 1 U ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY ~' 203-05-6555 09/15/2009 07/24/1915 Decedent's Last Name Suffix Decedent's First Name MI ,. Tomlinson Philip B (If Applicable} Enter Surviving Spouse's Information Below ~ f Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number ~' THIS RETURN MUST BE FILED IN DUPLICATE WI~"H THE REGISTER OF WILLS ~~. FILL IN APPROPRIATE OVALS BELOW ~ 1. Original Return Q 4. Limited Estate O 6. Decedent Died Testate (Attach Copy of Will} O 3. Remainder Return (dale of death prior to 12 13-$2) O 5. Federal E late Tax Return Required 0 8. Total Number of Safe Deposit Boxes O 9. Litigation Proceeds Received O 10. Spousal Poverty Credit (date of death O 11. Election to~tax under Sec. 9113(A) between 12-31-91 and 1-1-95) (Attach Sc . O) O 2. Supplemental Return O 4a. Future Interest Compromise (date of death after 12-12-82) ~ 7. Decedent Maintained a living Trust (Attach Copy of Trust) CORRESPONDENT - THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHO ~LD BE DIRECTED T0: Name Daytime Telepho e Number Linda L. Simons (717) 691-7 014 REGISTER F W{LL.S USE ONLY ~ fV' ~ ~ First line of address ~ ~ ~ 335 Mulberry Drive ~~ ~ te- ~ Second line of address r ~- ~~C} - C /'Z ~~~ . Lf~ '` ~ ~~ ' TE ~ Cit or Post Office v State ZIP Code .' Mechanicsburg 1 ~ --~ PA 17050-3141 ~ .I" N Q Correspondent's a-mail address: Ilsimons331 ahoo.COm Under penalties ofi perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the be t 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 pr arer ha:> any knowledge. SIGNATURE F RSOf+I-RESPONSfB R FILING ETURN DATE= t~~ ~ ADDRESS ~ ,~ ~ r ~ ~ ~ ~~ ~ ~J r ~,s-~ SIGNATURE OF PREPARER OTHER THAN REPRESENTAT E ' DATE: ADDRESS PLEASE USE ORIGINAL FORM ONLY Side 1 1505610101 1505610 '01 ~.1 .,, L"; ~~ _ 1 f ._.~i ~..;. 1 .-....t ~~ ~-r ~ _....:~ _:,~,,,I i- -- ~:~~ J REV-1500 EX Decedent's Name: Phlllp B. Tomlinson Decedent's 'social Security Number 203-05-6 55 RECAPITULATION 1. Real Estate (Schedule A} .......................................... ... 1. 97,700.00 2. Stocks and Bonds (Schedule B) ................................ 2 255,939.45 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) .. ... 3. 4. Mortgages and Notes Receivable (Schedule D) ........................ ... 4. 5. Cash, Bank Deposits and Miscellaneous Personal Property (Schedule E).... . , . 5. 491,801.91 6. Jointly Owned Property (Schedule F} O Separate Billing Requested .... ... 6. 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G) O Separate Billing Requested..... ... 7. 8. Total Gross Assets (total Lines 1 through 7} ......................... .... 8. 845,441.36 9. Funeral Expenses and Administrative Costs (Schedule H) ............ ....... 9. 68,547.04 10. Debts of Decedent, Mortgage Liabilities, and Liens (Schedule I) ....... ....... 10. 11. Total Deductions (total Lines 9 and 10) .......................... ....... 11. 68,547.04 12. Net Value of Estate (Line 8 minus Line 11) ....................... ....... 12. 776,894.32 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) ................. ....... 13. 2,100.00 14. Net Value Subject to Tax (Line 12 minus Line 13) ................. ....... 14. 774,794.32 TAX CALCULATION -SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2} X .0...~ 15. 16. Amount of Line 14 taxable at lineal rate x .0 45 774,794.32 16. 17. Amount of Line 14 taxable at sibling rate X .12 17. 18. Amount of Line 14 taxable at collateral rate X .15 18. 19. TAX DUE ....................................................... .. 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT Side 2 1505610105 1505610 'D5 1,5056101,05 34,865.74 34,865.74 J ~ Pennsylvania SCHEDULE A DEPANTMENT Or REVENUE [NHER[T.4hCE TAX RETi1RN REAL ESTATE 2ESIDENT DECEDENT ESTATE OF FILE N BER Philip B. Tomlinson 2109- X950 Alt real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is define '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 kno' ledge of the relevar:t facts. Real property that is jointly-owned with right of survivorship must be disclosed on Schedule Attach a copy of the settlement sheet if the property has been sold. ITEM Include a copy of the deed showing decedent's interest if awned as tenant in common. VALUE AT DATE NUMBER OF DEA H DESCRIPTION i • I Mountain Land -110 acres located rear Chapman Road, in Cascade Twp, Lycoming Cty 97,700.00 TOTAL (Also enter on Line 1, Recapitulation.) ~ 97,700.00 If more space is needed, insert add+tional sheets of the same size. REV-1508 EX+ (6-98) SCHEDULE E BANK DEPOSITS & MISC. CASH COMMONWEALTH OF PENNSYLVANIA , INHERITANCE TAX RETURN PERSONAL PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER Philip B. Tomlinson 2109-0950 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. PNCBank, 2 E Main St., Mechanicsuburg, PA 17055. Checking Account - 51-4006-4498 123,628.57 2. PNCBank, 2 E Main St., Mechanicsuburg, PA 17055 -Money Market account - 50-0585-2053 t 47,216.88 3. PNCBank, 2 E Main St., Mechanicsuburg, PA 17055 Certificate of Deposit - 31000264885 50,186.09 4. PNC Investments, 2 E Main St., Mechanicsuburg, PA 17055 -Money Market -Account Number 83868 49 327.30 5. Sovereign Bank, 798 East Simpson Street, Mechanicsburg, PA 17055 Certificate of Deposit - 2475171 64 20,856.22 6. Sovereign Bank, 798 East Simpson Street, Mechanicsburg, PA 17055 Certificate of Deposit - 2475172 i 55 81,801.84 7. Member's 1st FCU, 2175 Bumble Bee Hollow Rd, Mechanicsburg PA 17055 -Certificate of Deposit - , Account Number 314782 74,951.76 8. PNC Investments, 2 E Main St., Mechanicsuburg, PA 17055 -Allstate Insurance Company -Annuity, contract # GA0588915 i i 1 ~~ 92,833.25 TOTAL (Also enter on line 5, Recapitulation} ~ 491,801.91 (If more space is needed, insert additional sheets of the same size) REV-i5o9 EX+ (oi->,o) ~ pennsylvania SCMEpVLE F DEPARTMf_NT OF REV[NUr ]OINTLY-OWNED PROPERTY INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF: F L E NUMBER: Philip B. Tomlinson 2 9-0950 if an asset becar»e jointly owned wk hin one year of the deccderrt's date of death, it must be report on Schedule G. SURVIVING JOINT TENANT(S) NAME(S) ADDRESS lATI0N5HIP TO DECEDENT A. N/A 6. C. ]OINTLY OWNED PROPERTY: LETTER DATE DESCRIPTION OF PROPERTY % OF DATE OF DEATH ITEM FOR ]OINT MADE INCLUDE NAME OF FINANCIAL [NSTRUTION AND BANK ACCOUNT NUMBER OR SIMILAR DATE OF DEATH ECEDENT'S VALUE OF NUMBER TENANT ]OINT IDENTIFYING NUMBER. ATTACH DEED FOR JOINTLY HELD REAL ESTATE. VALUE OF ASSET 'INTEREST DECEDENT'S INTEREST 1. A. TOTAL (Also enter on Line 6, Recapitulation) $', 0.00 If more space is needed, use additional sheets of paper of the same size. SCHEDULE G i, enns tvania ;~E~ARTMENT OF REVENUE INTER-VIV05 TRANSFERS AND INHEIt(TANCE TAX REl"URN MISC. NON-PROBATE PROPERTY RESIDENT DECEDENT ESTATE OF FILE N BER Philip B. Tomlinson 109-0950 This schedule must be completed and filed if the answer to any of questions 1 through 4 on page three of the REV• 500 is yes. 'TEh1 DESCRIPTION OF PROPERTY DATE OF DEATH % OF DECD'S EXCLUSION TAXABLE NUMBER INCLUDE THE NAME OF THE TRANSFEREE, THEIR RELATIONSHIP TO DECEDENT AND THE DATE OF TFANSFER. ATTACH A CORY CF THE DEED FOR REAL ESTATE VAU7E OF ASSET INTEREST (lF APPUCasLE ~ VALUE 1. NIA TOTAL (Also enter on Line 7, Recapitulation) ~ 0.00 If more space is needed, use additional sheets of paper of the same size. REV-1511 E~-~ t1C3-©aj ~ Pennsylvania SCHEDULE H DEPARTMENT OF REVENUE FUNERAL EXPENSES AND INHERITANCE TAX RETURN ADMINISTRATIVE COSTS RESIDENT DECEDENT ESTATE OF FILE MBER Philip B. Tomlinson 2109 0950 Decedent's debts must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1' Newspaper adds -Myers Funeral Home 605.70 2. Headstone Ingraving 200.00 3. Luncheon 270.73 a. Clothing 69.00 B. ADMINISTRATIVE COSTS: 1. Personal Representative Commissions: 30,000.00 Name(s) of Personal Representative(s) Linda L. Simons Street Address 335 Mulber Drive City Mechanicsburg state PA ZIP 17050 Year(s) Commission Paid: 2010 and 2011 Z. Attorney Fees: 2,225.00 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation.) 3,500.00 Claimant Linda Simons Street Address 335 Mulber Drive City Mechanicsburg State PA ZIP 17050 Relationship of Claimant to Decedent Daughter 4. Probate Fees: 1,092.61 5. Accountant Fees: 650.00 6. Tax Return Preparer Fees: 500.00 ~~ Appraiser Fees 950.00 s. 2008 and 2009 Suport Expenses paid by daughter 28,172.00 9. Newspapers 312.00 TOTAL (Also enter on Line 9, Recapitulati o ~) $ 68,547.0 If more space is needed, use additional sheets of paper of the same size. SCHEDULE I ~ enns lvania p Y DE.pAA~TMENT DF ~~EVE~DE DEBTS OF DECEDENT, INr,ERITANCE TAx RETURN MORTGAGE LIABILITIES & LIENS RESIDENT DECEDENT ESTATE OF FILE NU BER Philip B. Tomlinson 2109-0 50 Report debts incurred by the decedent prior to death that remained unpaid at the date of death, including unreimbu ed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. N/A TOTAL (Also enter on Line 10, Recapitulation) I 0.00 If more space is needed, insert additional sheets of the same size RcV-1513 Ex+ (C1-i0) ~ pennsylvania SCHEDULE ~ DE?AaTME:N'. Ot-REVENUE BENEFICIARIES INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF: ', FILE NUMBER: Philip B. Tomlinson 2109-0950 RELATIONSHIP TO DKEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Oo Not list Trustee(s) OF ESTATE I TAXABLE DISTRIBUTIONS [Include outright spousal distributions and transfers under Sec. 9116 (a) (1.2).] 1. ~~~ ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUG H 18 OF REV-1500 COVER SHEET, A APPROPRIATE. II NON-TAXABLE DISTRIBUTIONS A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN: 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS: 1. St. Timothy's Luthem Church 2,000.00 2. Keith Eslinger, Pastor, St. Timothy's Luthem Church 100.00 ~ TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET. I ~ 2,100.00 if more space is needed, use additional sheets of paper of the same size. REV•1514 EX+ (4-09) SCNEp1~LE K 5 ~ Pennsylvania 1)t:-PPHIMFNI aF Ht l'FNUf LIFE ESTATE, ANNUITY Bureau of Individual Taxes & TERM CERTAIN PO Sox x8o6oi Harrisburg PA 1128-o6oi (CHECK BOl(4 ON REV-~50o COVER SHEET) ESTATE OF FILE NUMBER Philip 8. Tomlinson 2109-0950 This schedule should be used for all single-life, joint or successive life estate and term-certain calculations. For date of death prior to 5-1-89, actuarial factors for single-life calculations can be obtained from the Department of Revenu . Actuarial factors can be found in IRS Publication 1457, Actuarial Values, Alpha Volume for dates of death fro ~ 5.1-89 to 4-30-99, and in Aleph Volume for dates of death from 5-1-99 and thereafter. Indicate below the type of instrument that created the future interest and attach a copy of it to the ax return. ^ Will ^ Intervivos Deed of Trust ^ ther . ~ ~ NAME OF LIFE TENANT DATE OF BIRTH NEAREST AGE AT DATE OF DEATH LI TERM OF YEARS ESTATE IS PAYABLE N/A ^ Life o ^ Term of Years ^ Life o ^ Term of Years ^ Life o ^ Term of Years ^ Life o ^ Term of Years ^ Life o I~~ ^ Term of Years Value of fund from which life estate is payable .........................................$ 1 . Actuarial factor per appropriate table ............................................... . 2 . Interest table rate - ^ 3.5% ^ 6% ^ 10% ^ Variable Rate 3. Value of life estate (line 1 multiplied by Line 2) ....................................$ • ~ NAME OF LIFE ANNUITANT DATE OF BIRTH NEAREST AGE AT DATE OF DEATH A TERM OF YEARS NUITY IS PAYABLE ^ Life o ' ^ Term of Years ^ fife o '~ ^ Term of Years ^ Life o ~ ^ Term of Years ^ Life o ~~ ^ Term of Years Value of fund from which annuity is payable ...........................................$ 1 . 2. Check appropriate block below and enter corresponding number ................ . Frequency of payout - ^ Weekly (52) ^ Bi-weekly (26) ^ Monthly (12) ^ Quarterly (4) ^ Semi-annually (2) ^ Annually (1) ^ Other ( ) 3. Amount of payout per period ........................................................$ 4. Aggregate annual payment, Line 2 multiplied by Line 3 .................................. . 5. Annuity Factor (see instructions) Interest table rate - ^ 3.5% ^ 6% ^ 10% ^ Variable Rate 6. Adjustment Factor (See instructions.) ................................................ . 7. Value of annuity - If using 3.5, 6, or 10%, or if variable rate and period payout is at end of period, calculation is Line 4 x Line 5 x Line 6 ...........................$ If using variable rate and period payout is at beginning of period, calculation is (Line 4 x Line 5 x Line 6) + Line 3 ...............................................$ NOTE: The values of the funds that create the above Future interests must be reported as part of the estate assets on tax return. The resulting life or annuity interest should be reported. at the appropriate tax rate on Lines 13 and 15 thri f - - -- hedules A through G of the ~h 18 of the return. If more space is needed, use additional sheets of the same size REV-1644 EX+ (01-10) ~ pennsylvania INHERITANCE TAX t1fPARTMFNiUFRFYFNUF SCHEDULE L INHERITANCETAX RETURN REMAINDER PREPAYMENT RESIDENT DECEDENT OR INVASION OF TRUST CORPUS I. ESTATE OF FILE NUMBER Philip 13. Tomlinson 21 9-0950 r This schedule is appropriate only for estates of decedents dying on or before ec. 12, 1982. This schedule is to be used for all remainder returns when an election to prepay has been filed nder the provisions of Section 714 of the Inheritance and Estate Tax Act of 1961 or to report the invasion of t ust corpus (principal). II. REMAINDER PREPAYMENT: A. Election to Prepay Filed with the Register of Wills on -_-_. ___ ~'~ (Date) B. Name(s) of Life Tenant{s) Date of Birth Age on Date rm of Years Income or Annuitant(s) NIA of Election r Annuity is Payable C. Assets: Complete Schedule L-1 1. Real Estate ...........................$ ~___---------- 2. Stocks and Bonds ......................$ ---------~.-..-----___ . ----- __ 3. Closely Held Stock/Partnership .............$ 4. Mortgages and Notes ....................$ ___.__. ___ .-._ __ 5. Cash/Misc. Personal Property ..............$ _~ _ _ -_ b. Total from Schedule L-1 ..............................................$ - ---- __--_ -..- _._.--- D. Credits: Complete Schedule L-2 1. Unpaid Liabilities .......................$ __ _ 2. Unpaid Bequests .......................$ 3. Value of Non Includable Assets .............$ _ - _ 4. Total from Schedule L-2 ............................................. $ _ -__ __ ... -_ ___~__._. E. Total Value of Trust Assets (Line C-6 minus Line D-4) ...........................$ _ ____`___ F. Remainder Factor .................................................... _-----__...`------ G. Taxable Remainder Value (Multiply Line E by Line F) ............................$ _ _ _ _ _. (Also enter on Line 7, Recapitulation) '~ III. INVASION OF CORPUS: A. Invasion of Corpus.,, (Month, Day, Year) B. Name(s) of Life Tenant(s) Date of Birth Age on Date T rm of Years Income or Annuitant(s) Corpus o Annuity is Payable Consumed N/A C. Corpus Consumed ....................................................$ D. Remainder Factor ................................................... . E. Taxable Value of Corpus Consumed (Multiply Line C by Line D) ....................$ (Also enter on Line 7, Recapitulation) Kty-'b4n tx `~`-~y, SCHEDULE N s i ~ pennsylvania !~ .~~.:~~.Mt~-~:=HF,,~~:,~F SPOUSAL POVERTY CREDIT Bureau of Individual Taxes PO Box 28o6oi FOR DATES OF DEATH 01/01/92 TO 12/31/94 Harrisbur PA 17128 ESTATE OF FILE N MBER Philip B. Tomlinson 210 0950 This schedule must be completed and filed if you checked the spousal poverty credit box on the cov sheet. .,. ~ ~ •~ , 1 . Taxable assets total from Line 8 (cover sheet) ............................................. 1 2. Insurance proceeds on life of decedent ................................................... 2. 3. Retirement benefits ................................................................. 3. 4. Joint assets with spouse .............................................................. 4. 5. PA Lottery winnings ......................................... .................... 5. 6a. Other nontaxable assets: List and attach schedule if necessary .. 6a. 6b. 6c. 6d. 6. SUBTOTAL (Lines 6a, b, c, d) .......................................................... 6. II 0.00 7. Total gross assets (Add Lines 1 thru 6) ................................................... 7. 'i 0.00 8. Total actual liabilities ................................................................ 8. ~ 9. Net value of estate (Subtract Line 8 from Line 7) .................... . ....................... 9. If Line 9 is greater than $200,000 -STOP. The estate is not eligible to claim the credit. If not, continue to Part 11. • . ~• . .~ Income: 1. TAX YEAR: 19 2. TAX YEAR: 19 3. T YEAR: 19 a. Spouse ............ la. 2a. 3a. b. Decedent .......... lb. 2b. 3b. c. ]oint ............. lc. 2c. 3ci d. Tax-exempt income ... , ld. 2d. 3d. ~I e Other income not listed above ........ le. 2e. 3e. F. Total .. ......... lf. 0.00 ~f 0.00 3f 0.00 4. Average joint exemption income calculation 4a. Add joint exemption income From above: (lf) 0.00 + (Zf) 0.00 + (3f) 0.00 = 0.00 (- 3) 4b. Average joint exemption income ........................................................ = j If line 4(b) is neater than $40,000 -STOP. The estate is not ell ible to claim the credit. If not, continue to Par t III. 1. Insert amount of taxable transfers to spouse or $100,000, whichever is less ........................ 1 2. Multiply by credit percentage (see instructions) ............................................ 2. 3. This is the amount of the Resident Spousal Poverty Credit. Include this figure in the calculation of total credits on Line 18 of the cover sheet . ................................. 3. 4. For nonresidents, enter the ratio of the decedent's gross estate in PA to the value of the decedent's gross estate .................................................... 4. 5. Multiply Line 3 by Line 4 and enter the total here. This is the amount of the Nonresident Spousal 5 Poverty Credit. Include this figure in the calculation of total credits on Line 18 of the cover sheet.......... . REV-1649 EX+ (6-98) ~ SCNEDt~LE O ELECTION UNDER SEC.9113(A) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN (SPOUSAL DISTRIBUTIONS RESIDENT DECEDENT E5TATE OF FILE NUMBER Philip B. Tomlinson 2109-0 50 Do not complete this schedule unless the estate is making the election to tax assets under Section 9113{A) et the Inheri nce dr Estate Tax Act. It the election applies to more than one trust or similar arrangement, a separate form must be filed for ea h trust. This election applies to the - Trust (marital, residual A, , By-pass, Unified Credit, etc.. If a trust or similar arrangement meets the requirements of Section 9113(A), and: a. The trust or similar arrangement is listed on Schedule 0, and b. The value of the trust or similar arrangement is entered in whole or in part as an asset on Schedule 0, then the transferor's personal representative may specifically identify the trust (all or a fractional portion or percentage) to be included in the lection to have such trust or sim- ilar property treated as a taxable transfer in this estate. If less than the entire value of the trust or similar property is included as a taxable tra sfer on Schedule 0, the personal representative shall be considered to have made the election only as to a fraction of the trust or similar arrangement. The numerator of this fraction is equal to the amount of the trust or similar arrangement included as a taxable asset on Schedule 0. The denominator is equal to the total value of the trust or simil arrangement. Part A: Enter the description and value of all interests, both taxable and non-taxable, regardless of location, w 'ch pass to the decedent's surviving spouse under a Section 9113(A) trust or similar arrangement. Description Value Part A Total $ 0.00 Part B: Enter the description and value of all interests included in Part A for which the Section 9113(A) election t tax is being made. Description ' Value Part B Total $ 0.00 (If more space is needed, insert additional sheets of the same size) ~.. I ~ -U~1 S7! LAST WILL AND TESTAMENT (Pour-Over Will) ,_~ OF ''' ..~ PHILLIP B. TOMLINSON - - ~ ~-'' ' J 1...r IDENTITY ~'' .: ~.~ R~~ I, PHILLIP B. TOMLINSON, residing in the County of York, Commonweal h of Penns}~I~ania; being of sound mind and memory, and not acting under duress or undue influe ce ~f any ~i~rsori whomsoever, hereby declare this to be my Last Will and Testament, and t do hereby r .yoke all ot}+ue,- and former Wills and Codicils to Wills heretofore made by me. My Social SecurityNumber ~ 203-OS-6555. ., ,; ~ •; ' i 1 ~: '; 1 -i All reference made herein to `spouse or my spouse' refers to the person tow ~m I am currently married, namely, RUTH R. TOMLINSON. By the ensuing provisions of this Will, it his my intention to dispose of my interest in cur property; I do not intend to dispose of anything belonging t ~ my wife or to put her to any election. I have the following children:CAROL HELMBOLD, born December 4, 1940 an residing in Winter Park, Florida, and ROBERT TOMLINSON, born February 21, 1942 a~ residing in Hermosa Beach, California, and LINDA SI11~tON, born May 20, 1944 and can ;Vlechanicsburg,Pennsylyania, and JUDITH BOLINGER, born December l 9, 1945 and c in New Cumberland, Pennsylvania,and PHYLLIS GARVERICK, bom August 7, 197 a~ residing in Tuckhannock,Pennsylvania. DEBTS, TAXES AND ADMINISTRATION EXPENSES I have provided for the payment of all my debts, expenses of administration of situated passing under this will or otherwise, and estate, inheritance, transfer, and succ than any tax on ageneration-skipping transfer that is not a liability of my Estate (incl penalties, if any) that become due by reason of my death, under THE PHILLIP B. T RUTH R. TOMLINSON REVOCABLE LIVING TRUST executed on even date herewi Trust"), or if my spouse predeceases me, under the Survivor's Trust created by the said R~ the Revocable Trust assets should be insufficient for these purposes, my Executor sha items from the residue of my Estate passing under this will, without any apportionment c In the alternative, my Executor may demand in a writing addressed to the Trustee of the necessary to pay all or part of these items, plus claims, pecuniary legacies, and family al order. PERSONAL AND HOUSEHOLD EFFECTS currently 3 currently .ntly residing in rrently residing d currently roperty wherever ssion taxes, other ding interest and MLINSON AND (the "Revocable vocable Trust. If 1 pay an}~ unpaid reimbursement. Trust an amount owances by court It is my intent that all my personal and household effects were transferred to the,evocable Trust as a result of the Declaration of Intent signed this date. If there are any questions regardin 'the ownership or disposition of these assets, it is my desire that such assets pour into the Revocable Trust, igned by me this date in accordance with the provisions of the section titled "Residue of Estate." POUR-OVER WII~LS .. RESIDUE OF ESTATE I give, devise and bequeath all the rest, residue and remainder of my property description (including lapsed legacies and devises), wherever situated and whether acqu the execution of this Will, to the Trustee under that certain Trust executed by me on tN execution of this Will. The Trustee shall add the property bequeathed and devised by thi; of the above described Trust and shall hold, administer and distribute said property in a provisions of the said Trust, including any amendments thereto made before my death. If for any reason the said Trust shall not be in existence at the time of my death, a court of competent jurisdiction shall declare the foregoing testamentary disposition t said Trust as it exists at the time of my death to be invalid, then I give all of my Estate in and remainder thereof to that person who would have been the Trustee under the Trust their substitutes and successors under the Trust, described hereinabove, to be held, reinvested and distributed by the Trustee upon the terms and conditions pertaining to th with the date of my death as are constituted in the Trust as at present constitute amendments, if any, hereafter made and for that purpose I do I~ereby incorporate such into this my Will. EXECUTOR I hereby nominate and appoint RUTH R. TOMLINSON as my Independent Last Will and Testamentto servewithoutbond. of every kind and red before or after ~'e same date of the item to the corpus ~cordance with the r if for any reason 'i the Trustee under luding the residue '~,as Trustee, and to anaged, invested, period beginning giving effect to rust by reference Kecutor of this my In the event the first named Executor shall predecease me, or is unable or unw filling to act as my Executor for any reason whatsoever, then and in that event I hereby nominate and appoin 'LINDA SIMONS to serve without bond as my Independent Executor. In the event the first successor Executor shall predecease me, or is unable or unveil ing to act as my Executor for any reason whatsoever,then and in that event I hereby nominate and appoin ~fUDITH BOLINGER to serve without bond as my IndependentExecutor. Whenever the word "Executor" or any modifying or substituted pronoLrn therefor Will, such words and respective pronouns shall be held and taken to include both the sing the masculine, feminine and neuter gender thereof, and shall apply equally to the Exec and to any successor or substitute Executor acting hereunder, and such successor or s shall possess all the rights, powers, duties, authority, and responsibility conferred u originally named herein_ is used in this my lar and the plural, for named herein bstitute Executor -on the Executor POUR-OVER WILLS EXECUTOR POWERS By way of illustration and not of limitation and in addition to any inherent, i plied or statutory powers granted to executors generally, my Executor is specifically authorized and emp veered with respect to any property, real or personal, at any time held under any provision of this my Wi l: to allot, allocate between principal and income, assign, borrow, buy, care for, collect, compromise cl ims, contract with respect to, continue any business of mine, convey, convert, deal with, dispose of, enter i ~o, exchange, hold, improve, incorporate any business of mine, invest, lease, manage, mortgage, grant and a ercise options with respect to, take possession of, pledge, receive, release, repair, sell, sue for, make distrib lions in cash or in kind or partly in each without regard to the income tax basis of such asset and in genera b exercise all of the powers in the managementof my Estate which any individual could exercise in the ma ~gement of similar property owned in its own right upon such terms and conditions as to my Executor ay seem best, and execute and deliver any and all instruments and do all acts which my Executor m~ y deem proper or necessary to carry out the purpose of this my Will, without being limited in any way by,the specific grants or power made, and without the necessity of a court order. My Executor shall have absolute discretion, but shall not be required, to make rights of any Beneficiaries, or among the principal and income accounts to cc consequences of any tax decision or election, or of any investment or administrativE Executor believes has had the effect, directly or indirectly, of preferring one Benei Beneficiaries over others. In determining the Federal Estate and Income Tax liabilitie Executor shall have discretion to select the valuation date and to determine whether allowable administrationexpenses in my Estate shall be used as Federal Estate Tax dedu~ Income Tax deductions and shall have the discretion to file a joint income tax return with SPECIFIC OMISSIONS I have intentionallyomitted any and all persons and entities from this, my Last V except those persons and entities specifically named herein. If any person or entity shall or condition of this Will, or of the Living Trust to which I have made reference in the sf and Personal Effects" and "Residue of Estate," then, to that person or entity I give and b~ one dollar ($l .00) only in lieu and in place of any other benefit, grant, bequest or interes or interest may have in my Estate or the Living Trust and its Estate. SIMULTANEOUSDEATH adjustments in the npensate for the decision, that my ciary or group of of my Estate, my any or all of the lions or as Federal ny spouse. Till and Testament, hallenge any term lions "Household ~queath the sum of which that person If my spouse and I should die under circumstances such that the order of ou I deaths cannot be determined, then it shall be conclusivelypresumedfnr the purposes of this my Will that y spouse survived me. If any other Beneficiary should not survive me for sixty (60) days, then it presumed for the purpose of this my Will that said Beneficiary predeceased me. ~l be conclusively POUR-OVER WILLS Pa~~e ~ This instrument consists of 5 typewritten pages including the Attestation CI use, Self-Proving Clause, signature of Witnesses, and acknowledgment of officer. I have signed my na eat the bottom of each the preceding pages. This instrument is being signed by me on this day of ' ,19~ PHILLIP B TOMLINSON, Testator POUR-OVER WILLS D..,... A ATTESTATION CLAUSE The Testator whose name appears above declared to us, the undersigned, hat the foregoing instrument was his Last Will and Testament, and he requested us to act as witnesses to s ch instrument and to his signature thereon. The Testator thereupon signed such instrument in our presenc At the Testator's request, the undersigned then subscribed our names to the instrument in our own andwriting in the presence of the Testator. The undersigned hereby declare, in the presence of each of us, that we believe the Testator to be of sound and disposing mind and memory. Signed by us on the same day and year as this Last W ill and Testament was sign d by the Testator WITNESSES: (PrintedName of Witness) 4 ~• ADDRESSES: _~- 1~ ~~: ~• ~~ (Printed Name of Witness) POUR-OVER WILLS Page 5 COMMONWEALTH OF PENNSYLVANIA COUNTY OF YORK SELF-PROVING CLAUSE BEFORE ME, the undersigned authority, on this day personally appear TOMLINSON`y~,c~~ , ,~•~~>.y~' ,and' ~,~r~1t'.~~F~J.~r':=:~~ ,kno Testator and the witnesses, respectively, whose names are subscribed to the foregoing respective capacities, and all of them being by me duly sworn, PHILLIP B. TOM1 declared to me and to the witnesses, in my presence, that the instrument is his Will and tf made and executed it as his free act and deed for the purposes therein expressed; and the his oath, stated to me in the presence and hearing of the Testator, that the Testator had de the instrument is his Will and that he executed the same as such and wanted each of t witness; and upon their oaths, each witness stated further that he did sign the same presence of the Testator, and at his request and that he was at that time eighteen (I 8) y and was of sound mind, and that each of the witnesses was then at least fourteen (14) yea PHILLI~j~. TOMLINSON, Testator Wit{{ne((s~~s~ - C.;. 4^ r ~ /~~ y,•l (Printed Name of Witness) fitness (Printedl'Jame of Witness) SUBSCRIBED AND ACKNOWLEDGED before me by PHILLIP B. TOMLIN subscribed and sworn to before me by ~„~ ~ /~tti.l/~'.~f~r/C>c7L' and - / witnesses, this the Z ~' day of , I9~_. I PHILLIP B. -n to me to be the istrument in their NSON, Testator, the had willingly vitnesses, each on tared to them that :m to sign it as a a witness in the -rs of age or over of age. l Testator, and ~I ~ Notary Public, Commomvealtho ,Pennsylvania Don G~earNotaealP Chs~tEn;~am Twp., Montry ublic l~i`~;i,.n~«on Ex ire~oc~r Con ~0_rC- VER WILLS .... ,. L ~"~ y, *:: ,3 . y, ~~ ~~ 1,ocated at: REAL ( ~ 6J~ ~~~ Cp~gi, NOLA1~ ESTATE ~ p, ~ "~5~ ~Y~ ~ ~l 12 w~LLElA1KSP~R~YA 1 702 SOUTH 570) 326-7~3~' Phone: C 327038 Fsa: (~?0) PTepared by" E~Pfective date: Requested bye intended User: A~ of ~~~~, Est' ATE App~IS R,~r Chapman Road Cascade ~o~,-nship LycpT°ing C°unty Carl R. Nolan. G1~R~ November ~~ 20Q9 Linda Sim°ns Executrix 3351VIu1berrY DnVe Mechanicsburg, PA 17050 CARL NOLAN REAL ESTATE 12 WEST SECOND AVENUE SOUTH WILLIAMSPORT, PA 17702 PHONE: 326-7036 FAX: 326-7038 November 5, 2009 Intended User: Linda Simons Executrix 335 Mulberry Drive Mechanicsburg, PA 17050 RE: Phillip B. Tomlinson Estate '/2 Ownership Interest 222 Acres Chapman Road Cascade Township/Lycoming County Dear Ms. Simons: Pursuant to your request, I have appraised the Fee Simple Interest of the above property. The purpose of this appraisal is to estimate the Fair Market Value of parcel, unencumbered. Also included in this valuation is an estimate for an unc interest ownership of this property. A Discounted Value Estimate will also be this half interest ownership. aptioned le subject vided half ;ported for I inspected the subject property on November 5, 2009. The subject site is legall described in Deed Books 524/331 and 755/16 in Lycoming County Register & Records Offi ' e and as Parcel 06-212-106 in the Lycoming County Assessment Office. As a result of this summary report appraisal and analysis, it is my opinion that t e Fair Market Value of the entire parcel undivided, as of November 5, 2009 is $488,4 '0.00. The undivided half interest of this property is $244,200.00. The Discounted Value f the partial interest of the subject property is $97,700.OORD. The supporting data and the analysis & conclusions upon which this value is contained in the accompanying report. This is a summary report done in a narrative format subject to the Uniform Star Professional Appraisal Practices. This report was done for the purpose of estim, Market Value of the subject property. The Intended Use of this appraisal report uumeses. The Irl~nded l~er ~th~~ rPr,.ris Ms. Linda Simons Executrix. Si are ards of ing the Fair > for estate Car . N an A State .ert ied Residential Appraiser/RL000405L State Cert. feed General Appraiser/GA001418L Rear Chapman Road Cascade 'T'ownship i .,~....,:.,., r,,..,.fi, Rem Case Ly~~ Rear Chapman Road Cascade Township Rear Chapman Road Cascade Township Rear Chapman Road Cascade Township i .,n~,~:.,.. l~~.....~,.. Rear Chapman Road Cascade Township Rear Chapman Road Cascade Township ~ycoming County LOCATiQ,N ~p piVE ._i.. _.._. _- -- ~' .... - , ~ y I • •. t i`` ~'~ i 4 ,C-.S t t ~ 1' ~:' 1 ~ ' ~ .. ~ t ryra,' j i ' .. - .~ 1 1 ~. . ~ ~ . ` •~, .,~ ~ ~. . • a_~ ~ , . ~• - ~ .. ~ - ~ ~i ~~ .. ~ ~t i i ', ~(i~ln ~/ ¢~ , :_: ' i f 1 ,i _ _ --{~-- i Y- ~ •~ 1 . ~. ~ I I ~ ~ - - ~- ..... - - _._ .----~- t M O M --.--. -- . l _ _. _ 1" Rear Chapman Road Cascade Township Lycoming County LOCATION MAP TWO iT Plants Lr; 1 s~d:~ D~wils ! G'~. i•.'IcP~ rnee 4°L••: End Yellyburg / ~ :an:. ~ Fd • ?i nutin ~ Rd J'O x!01115 (' 1~• . •-- Plune: ~ Fryn>ire P,d Run In ." ~ In l itcl'-, ~ ,_ I ;.ill Hill P.d ,J~----""" _ ..._ .... -- ~'.._.'% ~ / .,; C: n• -..... ` i.1C1 /, j' 1: m n~ ~~ I'rloslriler ~ _•.~ Pn •.r ~ ~~ 1 r ~ ' ,. :d 1 ~ .~1 \, , -_ ~~ ' !{ --.~ ' S - ~ '.1 'C1 ~OCOhy ~. ~ , 11~L r ~ :1 ~ tro ,,^..i 1 i r / ~_.~ ln~t115':: i. I~Mt •5't.rt ~..:r :.. "!r~ r ! ~ ~t1UfCl Rd ~ _ ... .~!I'•hll<r,t, ~ Ltn•.'r ^\ I 1 I:ti 1 tU.:IC'l l '.~) ~i Y ~_~~rn f;!i 'I ~a"~"_ ~ra•: c ~_~ '• _~. i ~ ~~' rtitiN r_ •: ~J ~ IQI 1<: Rd ,q, pr V Big c ~~~ `I ul,; F,d - -~ ,\ ~, Cubboge ' I;oHrnv ;;rJ 9 Rear Chapman Road Cascade 'Township Lycoming County ~o~ „+.o k PARCEL MAP i `r ioo ,,..o .~ ' G LQQ l / (\\ - I +~ ~ 1~ o ~ ~, ~ ~ oa ~ -~ \ x it~3f k. ~ h- m O V ` v H __~ ~ U '__ _'_ _- v ` a 105 1 e ,,.~ .. ~ ~ ^_ ~_ 1 N N z \ ? ~ ` o a; w ~ in ~ z ~, <_ ~ z ios °~ ~ t :n, ~ ~, ~' 1 ~ W ~ ~~~I l Y V' Z J 1 Ll 10 Rear Chapman Road Cascade Township Lycoming County SCOPE OF APPRAISAL The scope of the appraisal requires compliance with the Uniform Standards sional Appraisal Practice promulgated by the Appraisal Standards Board of ~ Foundation and the Guide Notes to the Standards of Professional Appraisal adopted by the Appraisal Institute. The standards contain binding requireme~ cific guidelines that deal with the procedures to be followed in developing a~ analysis, or opinion. These uniform standards set the requirements to comma appraiser's analyses, opinions, and conclusions in a manner that will be mean not misleading in the market place. A narrative appraisal report on the subject property has been prepared. The erty data such as size, location, quality, and zoning are considered and pres report. Market data, comparable improved sales, reproduction cost, income supply and demand are among the items researched, analyzed, and presente used to consider the highest and best use of the subject property and to esti~ ket value. ~f Profes- le Appraisal 'ractice its anal spe- appraisal, nicate the ingful and .~bj ect prop- ~ted in this kream, and The data is ate the mar- The appraiser lacks the knowledge and experience with respect to the detecti nand measurement of hazardous substances. Therefore, this assignment does not c ver the presence of such substances as discussed in the Statement of Limiting Condi ions section. However, any visual or obviously known hazardous substances affecting the property will be reported and an indication or its impact on value will be discussed. The documentation necessary to arrive at the value is considered in this ap The market data has been collected, confirmed and analyzed. Comparable chosen for their similar highest and best uses as outlined within the report. analyzed and compared to the subject property based on their similarities ties. ~~sal report. es were l sales were dissimilari- 11 Rear Chapman Road Cascade Township Lycoming County MARKET VALUE The most probable price which a property should bring in a competitive an open market under all conditions requisite to a fair sale, the buyer and seller each acting rudently and knowledgeable, and assuming the price is not affected by undue stimulus. I plicit to this definition is the consummation of a sale as of a specified date and the passi g 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 w at they con- sider their own best interest. 3. A reasonable time is allowed for exposure in the open market. 4. Payment is made in terms of cash in US dollars or in terms of financ gal arrange- ments comparable thereto; and 5. The price represents a normal consideration for the property sold un ffected by special or creative financing or sales concessions granted by anyone ssociated with the sale. The definition of market value was taken from the Department of the Treasu y, Office of the Comptroller of the Currency, 12CFR part 34, dated August 24, 1990 (Se tion 34.42 Definitions). Market Value Comments: The factors of utility, scarcity, desire and effectiv purchasing power are apparent in the definition. The implication that Buyer and Seller re working under equal pressure is seldom completely true, although typical motivation ~or each does imply a reasonable balance for a market value transaction. Market prices do not necessarily follow all of these concepts and are often a ected by salesmanship and the urgency and need of the Buyer and/or Seller. The cent al differ- ence between market price and market value lies in the premise of knowledg and willingness both of which are contemplated in market value, but not in mark price. Stated differently, at any given moment of time, market value denotes what property is actually worth under certain specified conditions, while market price denotes the actual sale price. Probability of Value Change: The market value of the property appraised in he report is estimated as of the aforementioned date. Constantly changing economic, soc'al, political and physical conditions have varying effects upon real property values. Eve after the passage of a relatively short period of time, property values may change subs ~antially and required a review of the appraisal and re-certification. 12 Rear Chapman Road Cascade Township Lycoming County HIGHEST AND BEST USE Highest and Best Use may be defined as: the reasonable, probable and legal use of vacant land or an improved property, which is physically possible, legally permissi le, and fi- nancially feasible and that results in the highest value. The four criteria the ighest and best use must meet are legal permissibility, physically possibility, financial easibility and maximum profitability. (The Dictionary of Real Estate Appraisal, 2"d Editio , by Ameri- can Institute of Real Estate Appraiser, 1989.) The definition immediately preceding applies specifically to the highest and best use of land and/or property. It is to be recognized that in cases where a site has exi ting im- provements on it, the highest and best use may very well be concluded to b different from the existing use. The existing use will continue, however, unless and u til land value in its highest and best use exceeds the total value of the property in it existing use. Also implied, is that the estimation of highest and best use results from jud ent and analytical skill, that is, that the use concluded from my analysis represents a opinion, not a fact to be found. In appraisal practice, the concept of highest and best use epresents the premise upon which value is based. In the context of most probable selling rice (market value), another appropriate term to reflect highest and best use would be m st probable use. In the context of investment value, an alternative term would be most p ofitable use. The highest and best use of both land as though vacant and property as imp ved must meet four criteria. The highest and best use must be: 1, physically possible, ,legally permissible, 3, financially feasible, and 4, maximally productive. These crit ria are usu- ally cons8idered sequentially; a use may be physically possible but is irrele .ant if it is feasibly impossible or legally prohibited. Only when there is a reasonable p ssibility that one of the prior unacceptable conditions can be changed is it appropriate to roceed with the analysis. If, for example, current zoning does not permit a potential high st and best use, but there is a reasonable possibility that the zoning can be changed, the roposed use can be considered on that basis. (The Appraisal of Real Estate, 12`" Edition y Appraisal Institute.) 13 Rear Chapman Road Cascade Township Lycoming County PURPOSE OF THE APPRAISAL The purpose of this appraisal is to estimate the Fair Market Value of the sul which contains 222 acres of land. The subject property is owned by The Ph Tomlinson Estate and the Red Chimney Hunting Camp Inc. This property rural area of Cascade Township, Lycoming County. The Intended Use of tl" report is for estate purposes. The Intended User of this report is Ms. Linda ecutrix of this estate. Market value is a Willing Buyer-Willing Seller conce PROPERTY RIGHTS jest property llip B. s located in a is appraisal Simons Ex- The subject property was appraised as a whole, owned in Fee Simple, and u encumbered, subject to the assumptions and limiting conditions outlined herein. A value was also es- tablished in this report for an undivided half interest of this property. The u divided half interest was discounted for an estimated value for this property. DESCRIPTION OF PROPERTY The subject property is located in a rural area in Cascade Township, Lycom ng County. This property is wooded, irregularly shaped acreage that contains level and loping to- pography. This property contains approximately 222 acres of land. This pr perty is located in a CS-Countryside Zoned District in this township. This acreage i owned by Phillip B. Tomlinson Estate and the Red Chimney Hunting Camp Inc. (each owns an un- divided half interest in this property). Access to this property is from a priv to dirt road that intersects Chapman Road. This property also contains a small 20' x 30 cabin along with an old mobile home, camper, and a number of small sheds. (These im rovements add little value to the value of this property.) ~ 14 Rear Chapman Road Cascade Township Lycoming County AREA DATA Lycoming County is strategically located in Central Pennsylvania and has ac kets in the Northeast, Mid-Atlantic and Mid-West regions via US 180, US 2 15. Philadelphia, Baltimore, New York and Pittsburgh are only a half days d Lycoming County is rich in natural resources and the county's main growth the result of the lumbering industry. The abundance of other natural resource to other industries that include food processing, agriculture, construction, stf and chemical industries. Close to 35,000 people live in Williamsport, which county seat, and measures 9.53 square miles in size. The city is the most der lated municipality in Lycoming County that contains nine boroughs and fort townships. The West Branch of the Susquehanna River flows through Lyco~ and is the principle source of water drainage. Bess to mar- O and US ive away. vas due to lends itself ;i, gas, paper >erves as the rely popu- -two ling County Lycoming County contains many public utilities, which include electricity, as, tele- phone, public water and public sewer systems. Lycoming County also contai s a railroad system, a bus system and a public airport. The City of Williamsport contains a public school system, churches of all denominations, a public library system, two h spitals, pub- lic transportation and three colleges. NEIGHBORHOOD DATA Cascade Township, which located in the northeastern part of Lycoming Cou rural in nature. This township is approximately 40.9 square miles in size and population of 419 individuals (census 2000). This township contains various roads. This township, which is known for outdoor recreation (hunting, fishi and hiking), contains state forest and a number of popular trout fishing stre township contains a mixture of single family dwellings, farms, and cabins/co township contains the small Village of Kellyburg. This township has always lar with individuals who enjoy rural living and a variety of outdoor activity d seasons of the year. ty, is very contains a township camping, s. This taaes. This been popu- ring all 15 Rear Chapman Road Cascade Township Lyconting County FLOOD ZONE According to the Federal HUD Flood Plain Map # 42081 C0225E, dated 03/~ 6/04, the site area is located in Zone C of a flood plain. No flood insurance is required. ZONING According to the Cascade Township zone map this property is located in a C~S- Countryside Zoned District. The Countryside (CS) District is designed to pe~rnit residen- tial development at densities that are consistent with the maintenance of a ruital countryside character. It is intended to encourage the preservation of natural habitats and the scenic values of Lycoming County. It may also serve as a transitional di~trict be- tween natural areas or farmland and more suburban areas, and provide for limited commercial and industrial development opportunities in areas with suitable i~ifrastructure and without severe environmental constraints. Performance standards permit a residen- tial density and non-residential intensity that will not significantly disrupt agricultural or forestry uses. 16 - Rear Chapman Road Cascade 't'ownship Lycoming County FLOOD ZONE MAP o Pnp~rsd tor: InterFiood Cad Nolan Real Estace , www.mterflood.com • 1-800-252-6633 Proctor PA 17701 I' • LONE K f. i • A ~ • ~ ,_ , ,.. h4 _ .. - • ^ •' ZONE A -- --ti_-rss.'~- _ _ - R FLOODSCAPE ~~j lFlond l-larards Neap '.il ~ ~ IIYp Numeer j I a20b1C022EF j ~~~I~ Erleetfva One ?il.I; j } "; 61~rth 18.20M i E K ~ ~ I 4. ;_ ~_~~ ~ ~:nr•c ty FoxSc. a ...._. _ -'.FW C 99?i~~? SwnM'•o•• v+e a FbocSa:~ :aoa•roar Ar ~n +w+•x m•Iru .'.:'.?2! sx 9.'_'!.Q•_' ?nw ur•n oreyp roe i-•o -+e~oaa•o_^:• ea- 1/ Rear Chapman Road Cascade 't'ownship Lycoming County ZONING MAP ,r ,• ~J t _ r•~"'• _ ~g Rear Chapman Road Cascade Township Lycoming County HIGHEST AND BEST USE Highest and Best Use is a valuation concept which infers investigation into a 1 possible uses of land as though vacant and also as improved if it is not vacant. Highe t and Best use maybe defined as the reasonable and portable use that supports the highe t present value, as defined, as of the date of the appraisal. This definition usually refer to the highest and best use of the improved parcel. When evaluating the highest an best use of a vacant parcel or the value of the land as though it were vacant, the followin~ definition can apply: The use, from among reasonable, probable, and legal alternative uses must be' found to be physically possible, appropriately supported, financially feasible, and results 'n the high- est present use of the land. It is possible to generate two different highest and best uses of a parcel of real estate. There could be one highest use for the property as i proved and different highest and best use as though vacant. HIGHEST AND BEST USE FOR SUBJECT PROPERTY The highcst and best use of the subject property is for a recreational use. The zone where the subject is located is CS-Countryside Zoned District. REASONABLE MARKET TIME To comply with the Uniform Standards of Professional Appraisal Practices a tatement as to a "reasonable" resale period should be included in this appraisal report. It i my opin- ion that a reasonable resale time period is 6-12 months. APPRAISAL PROCESS There are three basic approaches that maybe used by an appraiser in the estirr~ation of Market Value. These three approaches provide data from the market from thr~e different sources when all are available. These three approaches are the Market Data Opinion, the Gross Rent Multiplier Analysis (if a residential property) or the Income Estimate (if an investment property) and the Replacement/Cost Estimate. The Market data Opinion has as its premise a comparison of the subject grope y with others of a similar design, utility, and use that have sold in the recent past. To indicate a value for the property, adjustments are made to the comparables for the differe ces with the subject. The Gross Rent Multiplier Analysis has as its premise the translating of month y rental value onto an estimate of capitalized income by the use of rent multipliers that reflect the probable quality and duration of the amenity returns in future years. For resid ntial prop- 19 Rear Chapman Road Cascade Township Lycoming County erties the Gross Rent Multiplier Analysis is regarded as the Income Estimate lbecause it is based on the capacity of the residence to produce rental income. The IncomeEstimate as used for investment properties has as it's premise the estimation of the amou t of the new income, which when capitalized in a manner that is commensurate with the ri k and the life expectancy of the improvements will indicate the present value of the income stream. The Replacement Cost Estimate has as its premise the valuation of the site by comparison with other sites in the area that have sold in the recent past, making adjustme is for dif- ferences to indicate a site value estimate. To this site value is added the esti ated cost to reproduce or replace the improvements, less any loss of value (depreciation) t at might have transpired or taken place. Normally, these three approaches will each indicate a different value. After ail the fac- tors in each of the approaches have been carefully weighed, the indications of'value derived from each of the approaches are correlated to amve at a final value estimate. PRIOR SALES HISTORY REQUIRED BY U.S.P.A.P. STANDARDS MULE 1-5 I certify that I have analyzed and considered any prior sales of the property bung ap- praised; Deed Book 524 Page 331 Deed Book 755 Page 16 This property is owned by two different parties that each own an undivided half interest. The ownership includes the Phillip B. Tomlinson Estate and the Red Chimney Hunting Club Inc. 20 Rear Chapman Road Cascade Township Lycoming County VALUATION PREMISE The valuation of real estate is, essentially, the valuation of the rights inhere t to the own- ership of property. Value can be defined as the present worth of future ben fits. In real estate, these benefits are measured in terms of current time or current one. he valuation approaches are based upon sound economic principles, as they relate directly to real es- tate. There are three traditional approaches to value real estate. They are: THE REPLACEMENT COST ESTIMATE In this approach, the improvements are replaced as if new, and any applica le deprecia- tion is deducted to arrive at a net improved value. To this is added he value of the land and any site improvements or allied appurtenances, in order to arrive at a v lue estimate. This approach is especially useful where the property being appraised is co sidered to be a "Special Purpose" property. This would include the following types of b ildings, but not limited to these; banks, hospitals, schools, colleges, churches, hotels an motels, gymnasiums, city clubs, commercial swimming pools, theatres, and many o hers. THE MARKET DATA OPINION This approach is a technique of finding sales of similar properties and care lly analyzing and comparing them by virtue of their minor differences and major similarit'es into an indication of value for the appraised property. THE INCOME ESTIMATE This approach relates the net operation income, after all expenses are deduc ed, into a valuation estimate by Capitalizing the net income by an appropriate rate as erived from a market study of current money costs, interest rates. Loan to value ratios, a d the safe rate of return on investments. In order to establish Market Value, all three of the accepted methods of app sisal were considered. They are the Replacement Cost Estimate, Market Data Opinion and Income Estimate. The Replacement Cost Estimate was not applicable The Market Data Opinion was completed The Income Estimate was not applicable 21 Rear Chapman Road Cascade Township Lycoming County SUMMARY OF SALIENT FACTS Property Address: Rear Chapman Road Cascade Township/Lycoming ounty Legal Owners: Phillip B. Tomlinson Estate Red Chimney Hunting Club I Date Acquired: 02123/76, 11/15/6b Market Value: $118,740.00 ~ Assessed Value: 1 $118,740.00 ~ Clean & Green Assessed Value: 1 $41,610.00 ~ Real Estate Taxes 2009: I $770.61 Parcel: 06-212-106 Deed Books/Pages: 524/331, 755/16 '~ Census Tract: 42-081-105 Land Area: 222 Acres Flood Map: 42081C0225E subject area looted in a Zone C of a flood plain. No flood insurance is required. Improvements: Old Cabin, Old Mobile Home, Zoning: CS-Countryside Highest and Best Use: Recreational Use Topography: LeveliSlightly Sloping ~ Date of Inspection: November 5, 2009 Date of Evaluation: November 5, 2009 Estimated FMV-Replacement Cost Estimate: Estimated FMV-Income Estimate: Estimated FMV-Market Data Opinion(Owned in Fee Simple): Estimated Value of Undivided Half Interest: Estimated Discounted Value of the Undivided Half Interest: Sheds Not appl cable Not appl cable $488,40 .OORD $244,20 .OORD $ 97,70 .OORD 22 Rear Chapman Road Cascade Township Lycoming County REAL ESTATE TAXES Cascade Township: 1.0500 mills on the assessed val e of real estate. (Assessed Value is 100%iof Market Value.) Lycoming County: 4.750 mills on the assessed valu of real estate. (Assessed Value is 100% of Market Value.) School District: 12.720 mills on the assessed val e of real estate. (Assessed Value is 100% of Market Value.) Total Millage: w 18.520 i Market Value for 2009 is: $118,740.00 Assessed Value for 2009 is: $118,740.00 Clean & Green Assessed Value is: $ 41,610.00 Taxes for 2009 are: $ 770.61 23 R°ad Rear Chapman Cascade ~°wnship LycOmin~ County DING ~~TCB B,UIL 2~ Rear Chapman Road Cascade Township Lycoming County GENERAL CONDITION AND COMMENTS The subject property is located in a rural area in Cascade Township, Lycomi ' g County. More specifically, the subject property is located off of Chapman Road north of Wallis Run Road and south of Kelly Road. (Access to this property is from an unim roved gravel road that intersects Chapman Road.) This property is located in a CS= ountryside Zoned District. This property is owned by two parties. The one party is the hillip B. Tomlinson Estate and the other half of ownership is owned by the Red Chim ey Hunting Club Inc. This parcel of land contains approximately 222 acres of woodland. The topo aphy is from level to sloping. Being woodland, this property contains evergreens, be chnut, ma- ple, pine, red oak, and white oak trees. This property contains a number of o d log roads which provide easy walking and a small degree of limited driving. This prop rty also contains an old 20' x 30' one story cabin along with an old mobile home and three small sheds. (These building improvements add little value to this property and w e not con- sidered in the valuation of this property.) This property has been used fora umber of years for recreational purposes which include hunting, camping, and other o tdoor activi- ties. As statcd ab~vc, this pr~pcrty is pzrtially •wncd by tw• parties, czch owning an undi- vided fifty percent interest. Partial interests do exist, but finding these sales i extremely difficult, thus in researching, the appraiser received information in valuing p rtial interest from a private individual who has been involved with a number of partial int rest owner- ships. (It should be noted that the sum of the individual partial interests are t ically not equal to the value of the undivided total fee simple interest. The partial inter st typically have to be discounted, due to the fact that they are a partial interest.) A partial interest in an acreage type property is valued in three steps. The fir t step is to value the property as though it was owned in a total fee simple state. Second y, you must multiply the estimated value of the whole property by the percentage of own rship re- flected in the partial interest. The third step is to discount the percentage of wnership interest by an appropriate discount factor. These steps were completed in thi report with the discount factor being forty percent of the ownership percentage. This fac or will be reflected on the market analysis page. In closing, when valuing partial interests, it is very difficult due to the lack o partial in- terest sales which are relatively very rare. Discussions with individual who ave been involved with these types of ownership percentages has been very informati e. Zs Rear Chapman Road Cascade Township Lycoming County REPLACEMENT COST ESTIMATE (Not Applicable) Due to the different ages, conditions, sizes, etc., estimating the Replacement~Cost and Depreciation for this property's improvements would be extremely difficult if not mis- leading. Thus, this approach to value was considered but deemed not applicable. (The Replacement/Cost Estimate has no relevant meaning to the value of a properly of this na- ture and use.l 26 Rear Chapman Road Cascade Township Lycoming County MARKET DATA OPINION This approach to value was completed by using vacant land comparables. Al compara- bles used were located in rural areas of their respective townships. Best avail ble data was used. Reflected within this approach to value will be the estimated value of the wh le property owned in Fee Simple. The appraiser will also estimate the value of the whol property by the percentage of the ownership reflected in the partial interest. The appraise will also reflect a discount factor for the partial interest, which will result in the final alue of the partial ownership. 27 Rear Chapman Road Cascade Township Lycoming County COMPAR.A-BLE LAND SALES 1. Location: Legal Description: Grantor/Grantee: Consideration: Date of Sale: Building Style/Size: Acreage: Price Per Acre Rear Hickory Lane ', Nippennose Township, Lycoming County Parcel 42-387-109 Deed 6008/0040 Dittmar/Corl to Hufnagle $485,000.00 05/14/07 None/Vacant Land 222.50 acres $2,179.00 Comment: This parcel is located in Nippenose Township, Lycoming County. This parcel contains all woodland acres. This parcel contains no b~Zilding im provements. This property is most like the subject in acreage and appeal. 2. Location: Legal Description: Grantor/Grantee: Consideration: Date of Sale: Building Style/Size: Acreage: Price Per Acre: Wallis Run Road Cascade Township, Lycoming County Parcel 6-232-103 . C Deed 6482/ 179 Marshall to Mathers $175,000.00 10/ 16/08 None/Vacant Land 57.28 acres $3,055.00 Comment: This parcel is located along Wallis Run Road in Cascade To nship. This parcel contained all woodland acres. This property did not co taro any building improvements. This property has much less acreage I,than the sub ject, but was located in the same rural township. ' 2s Rear Chapman Road Cascade Township Lycoming County COMPARABLE LAND SALES (Continued) 3. Location: Legal Description: Grantor/Grantee: Consideration: Date of Sale: Building Style/Size: Acreage: Price Per Acre: Outlet Road '' Davidson Township, Sullivan Count ,~ Parcel 03-024-0013 Deed 2008/0198 Marquardt to Swartley $375,000.00 11 /7/07 None/Vacant Land 164.73 acres $2,276.00 Comment: This property is located in Davidson Township, Sullivan County. This property contains all woodland acres. This property does nod have any building improvements. This property is located in a rural attea in this township. 4. Location: Legal Description: Grantor/Grantee: Consideration: Date of Sale: Building Style/Size: Acreage: Price Per Acre: Route 87 Colley Township, Sullivan County Parcel 02-081-0048, 0049 Deed 2007!/01127 Henery to Yanan $280,000.00 06/26/07 None/Vacant Land 132.11 acres $2,119.00 Comment: This property is located in Colley Township, Sullivan Count. This property contains all woodland acres. This property does not contain building improvements. This property is located in a rural area in this township. 29 Rear Chapman Road Cascade Township Lycoming County COMPARABLE LAND SALES (Continued) 5. Location: Legal Description: Grantor/Grantee: Consideration: Date of Sale: Building Size/Style: Acreage: Price Per Acre: T-390 Rouse Pond Road Colley Township/Sullivan County Instrument Number 2003, Page: 029316 Parcel 02-018-0018 O'Connor/Dittmar to Klingerman $220,000.00 12/ 16/03 None, No Building Improvements 124.18 $1,771.00 Comment: This property is located along T-390 in the Dutch Mountain a$ea of Colley Township. At the time of transfer, which is listed above, this ~arcel con- tained 124.18 acres of land. (Various parcels of land have sine been subdivided out of this land and transferred to other owners.) 6. Location: Legal Description: Grantor/Grantee: Consideration: Date of Sale: Building Size/Style Acreage: Price Per Acre: T-418 Picnic Road Fox Township/Sullivan County Instrument Number 2006, Page: 0270 Parcel 09-106-0078 Snavely to Norton $375,000.00 11/13/06 None, No Building Improvements 113.237 $3,311.00 Comment: This property is located along Township Route 418 in Fox Toiwn ship. (This property is located just north of the small Village d,f Shunk.) This property contains a 1 acre home-site, 28 tillable acres, 9 waste acres, 30 open acres, and 45.2370 non-tillable acres, for a total of 11 .2370 acres of land. At the time of purchase, this property was vacant land. 30 U ~ °0 0 0 °o °o °o W ~ ~ ~ ~ ~ ~~ U a N U ~ ~ ~ ~ Q ~ <C Q Q ~ d .-. oo ~ W ° M y.•i f V [~ 'd' N ~ M ~ N ~ ~O M N r., ty ~ ~ r-+ .-.. Q H r~•i W E-+ °o o °o 0 0 0 W 0 0 0 o co 0 ~ °o °o o °o °o o ' A '.I ~ ff3 {~? FJ9 EA 6A bl4 Z ' Q Q z U Q Q a H Q o~ o 0 0 o a o A W Z v ~ o N o A~ x ~~ ~ ~ ~ ~ O O ~ O~ U ONO ~ N ~' ~' M ~ O (`~ a~ O O, ~ O ~ O X 0 0 N O N O _ _~ ~ ~ ~ ~ O ~ O~ A w ~ ~ ONO N pip N O d0 00 M ~ ~ O' w V 00 M ~ M O O O O O 0 0 O ~-~+ w Q ~ ~ ~ ~ ~ ~ N NO NO ~ ~ ~ ~I A p., 0 -v ~ ~ o U ~ 3 U ~ o ~ ono ~ ° ° ~ ° ~ ~ C, ~~ ~ ~ O~ ~• H c,o cd U ~ ~ U > ~ ~ ~ O G ~ cfi Lz-~ ~ U~~~ aZ,~ ~U~ ~~ U~ o,Ucn ~ ~ ~ U O ~ ~ ' ~ cad y, 4; U .-a r~ T ~ ~ H O ~ '~ ~ ~ ~ +' O `*'+ ~ O ~ N ~ccS ~ a~ ~ ~~ ~ ~ •~ a w ~' • H ~ V~5 t~c3 • Cci .~ ~ N ~ Q ~ ~. o .~ •~ a °o, •~ o. ,n ,~ ~ 4> ~ N M ~N ~ ~ ~ ~ ~a°•Q o ~ tU ~ N ~ cd ~ p N ~ cad ~~~~o ~ ~ ~ o ~ N ~ O ~ y c- cu su ~~~>d 0 0 `~ ~ ~ •. ^'d cd ~ ~ ~ ~ ~ v U ~ ~ ¢.•~ 1-+ 't~ Q+ ~ a ~ ¢~ • ~ ~ v 47 ~ o U i!1 ~ ~ ~ ~ ~ • U ca O ~ U ~ ~ ~v O O d' d V 1~ w C'`1~ E~ H W Q a U M~ t/~ D O r ~ . C C C D p ~h ['~~ ~F 4 C~ N ~ ~ ~ ~ 0 0 ..~ H O •• o W O E"'' a H ~ H W ~, U W W ~ a W W ~ p ,o ~ ~ W M [~ W ~~ Q ~ M~-1 W H a ~ W W ~ P~ O o ~" a as p .~ ~ ~' © o ~ ` ~ U , ~ W ~ , ~+ ti W ~ [~"~ ', ~ T l~ w w ' ~~o w O U '' ', ~ W W W ~ a ~" d , 7 N ~ A p w ca H H ~ 1~1 Hd` ~ ~ ~ ~ ~ I~ ~ ~ F W N M Rear Chapman Road Cascade Township Lycoming County FINAL RECONCILITAION The appraiser placed all emphasis on the value derived from the Market Date. Opinion in estimating the Fair Market Value of the subject property in total Fee Simple estate. The appraiser also estimated the value of the whole property by the percentage o~' ownership and indicated a discount factor for the estimated value of the partial interest. 'The Re- placement/Cost & Income Estimate were not applicable. SUBJECT PROP- ESTIMATED PRICE TOTAL ERTY LAND ACRE 222 Acres X $2,200.00 - $488 4 0.00 ESTIMATED VALUE OF SUBJECT PROPERTY OWNED IN FEE SIMPLE: $488,400.00 ESTIMATED VALUE OF THE WHOLE PROPERTY BY THE PERCENTAGE OF OWNERSHIP (50%): $244,200.100 THE DISCOUNT PERCENTAGE OF PARTIAL INTEREST OWNERSHIP (40%): $97,700.Ob ESTIMATED VALUE OF SUBJECT PROPERTY OF THE 40% PARTIAL INTEREST: $97,700.Oq 33 Rear Chapman Road Cascade Township Lycoming County CORRELATION OF VALUES REPLACEMENT/COST ESTIMATE Not Applicable INCOME ESTIMATE Not Applicable ESTIMATED VALUE OF SUBJECT PROPERTY OWNED IN FEE SIMPLE: $488,400.00 ESTIMATED VALUE OF THE WHOLE PROPERTY BY THE PERCENTAGE OF OWNERSHIP (50%): $244,200.0 THE DISCOUNT PERCENTAGE OF PARTIAL INTEREST OWNERSHIP (40%): $97,700.010 ESTIMATED VALUE OF SUBJECT PROPERTY OF THE 40% PARTIAL INTEREST: $97,700.OI0 In the correlation of the three approaches to value, the Replacement Cost Estimate nor- mally sets the upper limit of value if it applies while the lower limit is set by t~e Market Data Opinion or Income Estimate to value. There are times when only one or'two ap- proaches may apply and, if this is the case, the approach or approaches that d~ not apply will be considered and an explanation will be given for their not being used. l~or the ap- proach or approaches that do apply, the value range is typically within an acceptable range. Appraiser only completed one approach to value (Market Data Opinion) in estimating the value of the subject property. The Replacement/Cost Estimate and Income Estimate were not applicable. ESTIMATED MARKET VALUE OF SUBJECT PROPERTY' DISCOUNTED PARTIAL INTERST $97,700.00 34 Rear Chapman Road Cascade Township Lycoming County INSPECTION STATEMENT Real Estate Appraiser, Carl R. Nolan, GAA/RAA made an inspection of the subject prop- erty on November 5, 2009. Carl R. olafi, C~~A./R.A.A. PA Stat Certified General Real Es to Appraiser GA-001 18-L PA State ertified Residential Real Estate Appraiser RL-000405-L 35 Rear Chapman Road Cascade Township Lycoming County COMMENTS ADDENDUM All comparable sales were verified in the Lycoming County Court House and the Sulli- van County Court House. The subject property is located in Zone C of a flood plain. No flood insurance is re- quired. See attached deed. See attached assessment card and map. I certify that, to the best of my knowledge and belief, I alone have developed the reported analyses, opinions and conclusions. I have prepared this report to conform to the Code of Professional Ethics and the Standards of Professional Appraisal Practice of the Appraisal Institute. I have obtained a level of competency sufficient to complete this assignment under Competency Standards set forth under the Uniform Standards of Professional Ap- praisal Practice. (USPAP) published by the Appraisal Foundation. <Rev: 20~03> I have no bias with respect to the property that is the subject of this report, or to the parties in- volved with this agreement. I certify that the use of this report is subject to the requirements of the Appraisal Institute relating to review by its duly authorized representatives. As of the date of this report, I have completed the requirements of the continuing education program of the Appraisal Institute. This appraisal was prepared by Carl R. Nolan, GAA/RAA for the exclusive use of the designated client. The information and opinions contained in this appraisal set forth the appraiser's best judgment in light of the information available at the time of the prepara- tion of this report. Any use of this appraisal by any other person or entity, or any reliance or decisions based on this appraisal are the sole responsibility and at the sole risk of the third party. Carl R. Nolan, GAA/RAA accepts no responsibility for damages suffered by any third party as a result of reliance on or decisions made or actions taken based on this report. 36 Rear Chapman Road Cascade Township Lycoming County CERTIFICATION OF APPRAISAL 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 assump- tions and limiting conditions and is my personal, professional analyses, opinions and conclusions. I have no present or prospective interest in the property that is the subject of this report, and I have no personal interest or bias with respect to the parties involved. My compensation is not contingent upon the reporting of a predetermined value or direc- tion in value that favors the cause of the client, the amount of the value estimate, the attainment of a stipulated result or the occurrence of a subsequent event. I have made a personal inspection of the property that is the subject of this report. No one, other than those indicated within this report, provided significant prafessional assistance to the person signing this report. The use of this report is subject to the requirements of the Appraisal Institute relating to review by its duly authorized representatives. As of the date of this report, Carl R. Nolan, GAA/RAA has completed the requi of the continuing education program of the Appraisal Institute, ,. , Residential Appraiser RL-000405-L 37 PA State Certified Rear Chapman Road Cascade Township Lycoming County INFORMATION AND DATA Information, estimates, and opinions furnished to the appraiser and contained in this re- port, were obtained from sources considered reliable and believed to be true and correct. However, no responsibility for accuracy of such items furnished to the appraiser can be assumed by the appraiser. All mortgages, liens, encumbrances, and servitude have been disregarded unless so speci- fied within the appraisal report. The subject property is appraised as though under responsible ownership and competent management. ZONING AND LICENSES It is assumed that all applicable zoning and use regulations and restrictions have been complied with, unless a nonconforming use has been stated, defined and considered in the valuation. It is assumed that the subject property complies with all applicable federal, state and local environmental regulations and law unless noncompliance is stated, defined and consid- ered in the valuation. It is assumed that the information related to the location of or existence of public utilities that has been obtained through a verbal inquiry from the appropriate utility authority, or has been ascertained from visual evidence is correct. No warranty has been made regard- ing the exact location or capacities of public utility systems. It is assumed that all licenses, consents or other legislative or administrative authority from local, state or national governmental or private entity or organization have been, or can be, obtained or renewed for any use on which the value estimate contained in the valuation report is based. 38 Rear Chapman Road Cascade Township Lycoming County GENERAL UNDERLYING ASSUMPTIONS Legal matters: The legal description used in this report is assumed to be correct, but it may not necessar- ily have been confirmed by survey. No responsibility is assumed in connection with a survey or for encroachments or overlapping or other discrepancies that might be revealed thereby. Any sketches included in the report are only for the purpose of aiding the reader in visualizing the property and are not necessarily a result of a survey. No responsibility is assumed for an opinion of legal nature, such as to ownership of the property or condition of title. The appraiser assumes the title to the property to be marketable; that, unless stated to the contrary, the property is appraised as an unencumbered fee which is not used in violation of acceptable ordinances, statutes or other governmental regulations. Unaparent conditions: The appraiser assumes that there are no hidden or unapparent conditions of the property, subsoil or structures which would render it more or less valuable than otherwise compa- rableproperties. The appraiser is not an expert in determining the presence or absence of hazardous substances, (defined as all hazardous or toxic PCBs, UFFI, or other raw mate- rials or chemicals) used in construction or otherwise present on the property. See Limiting Conditions above. The appraiser assumes no responsibility for the studies or analysis which would be re- quired to conclude the presence or absence of substances or for less as a result of the presence of such substances. The client id urged to retain an expert in this field, if de- sired. The value estimate is based on the assumption that the subject property is not so affected. 39 Rear Chapman Road Cascade Township Lycoming County STATEMENT OF LIMITING 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 not render any options about the title. The property is ap- praised on the basis of it being under responsible ownership. The appraiser has provided sketches in the appraisal report to show approximate dimen- sions of the improvements and the sketches are included only to assist the reader of the report in visualizing the property and understanding the appraiser's determination of its size. 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 the appraisal report whether the subject site is located in an identified Special Flood Hazard Area. Be- cause the appraiser is not a surveyor, he makes no guarantees, expressed or implied, regarding this determination. The appraiser will not give testimony or appear in court because he has made an appraisal of the property in question, unless specific arrangements to do so have been made be- forehand. 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 other improvements must not be used in conjunction with any other ap- praisal and are invalid if they are so used. The appraiser has noted in the appraisal report any adverse conditions (such as; needed repairs, depreciation, the presence of hazardous wastes, toxic substances, etc.) observed during the inspection of the subject property or that he became aware of during the nor- mal 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 subject property or adverse environmental conditions that would make the property more or less valuable, and has assumed that there are no such conditions and make no guarantees or warranties, expressed or implied, regarding this property. The appraiser will not be responsible for any such conditions that do exist or 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, the appraisal report must not be con- sidered as an environmental assessment of the property. The appraiser obtained the information, estimates, and opinions that were expressed in the appraisal report from sources that he 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. 40 Rear Chapman Road Cascade Township Lycoming County The appraiser will not disclose the contents of the appraisal report except as provided in the Uniform Standards of Professional Appraisal practice. The appraiser has based his appraisal report and valuation conclusion for the 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. The appraiser must provide his prior written consent before the lender/client specified in the appraisal report can distribute the appraisal report (including conclusions about the property value, the appraiser's identity and professional designation and references to any professional appraisal organization or firm that which the appraiser is associated) to any- one other than the borrower; the mortgage 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 lender/client may distribute the property description section of the report only to data collection or reporting services without having to obtain the appraiser's prior written consent. The appraiser's 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. All facts and data set forth in this report are true and correct to the best of the appraiser's knowledge and belief. Personal inspection of all real property and improvements has been made unless other- wise noted. My compensation for completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in the value that favors the cause of the client, the amount of the value opinion, the attainment of a stipulated result, or the occur- rence of a subsequent event directly related to the intended use of this appraisal. As this report has been purchased by the addressee, I assume it is to be used by the ad- dressee in determination of value at that point in time. Use of this report by others should be done so with the understanding that no risk or guarantees have been purchased by the owner of the report nor through the fee paid to the appraiser. The physical condition of the property described herein was based upon visual inspection by the appraiser. No responsibility is assumed for latent defects of any nature whatsoever which may affect its value, nor for any expertise required to disclose such conditions. No consideration has been given to liens or encumbrances which may be against the property. No investigation of legal fee or title to the property has been made and the claim to the property has been assumed to be valid. 41 Rear Chapman Road Cascade Township Lycoming County I have no (or the specified) present or prospective interest in the property that is the sub- ject of this report and no (or specified) personal interest with respect to the parties involved. This appraisal is based upon Fair Market Value as defined in the definitions section of this report. An appraisal is an estimate of value. When the amount is considered a reasonable and proper value under the concept of a definition, then it is applied. For this reason the value is, in many cases, a rounded number. The distribution of the total valuation in this report, between land and improvements, is applicable only as a part of the whole property. The land value, or the separate value of the improvements, must not be used in conjunction with any other appraisal or estimate is invalid if so used. The appraiser reserves the right to recall all copies of this report to correct any omission or error. The valuation concept used in this report is one chosen by the client and should not be considered a recommendation by Carl R. Nolan, GAA/RAA as to what might result in any later application of the concept. Concept probability and/or feasibility is beyond the scope of the appraisal. The user of the report is to determine the probability of occur- rence. The appraisal is purchased in order to allow an opinion of value under an assumed set of circumstances, as requested and mutually agreed upon by the client and Carl R. Nolan, GAA/RAA. This valuation study has been made by Carl R. Nolan, GAAIRAA and will be held confi- dential. It has been prepared by an experienced appraiser of commercial and residential properties. The final form for this report is made possible by omitting many details used in estimating, yet not considered essential to the report. Disclosure of the contents of this report is governed by the Regulations of the Standards of Professional Practice. Neither all nor any part of the contents of this report (especially any conclusions as to value, the identity of the appraiser or the firm with which he is con- nected) shall be disseminated to the public through advertising media, public relations media, news media, sales media or any other public means of communication without the prior written consent and approval of the author. The reported analyses, opinions and conclusions are limited only by the reported assump- tions and limiting conditions, and is my personal, impartial, unbiased professional analyses, opinions and conclusions. I have no bias with respect to the property that is the subject of this report or to the parties involved with this assignment. 42 Rear Chapman Road Cascade Township Lycoming County My engagement in this assignment was not contingent upon developing or reporting pre- determined results. The authentic copies of this report are bound with a clear cover which reveals the Carl Nolan Real Estate name or logo. Any copy that does not have this logo or original signa- tures of the appraiser is unauthorized and may have been altered and is considered invalid. Carl R. Nolan, GAA/RAA, Certified General Appraiser GAOOl418L, Certified Residen- tial Appraiser RL000405L and Associate Real Estate Broker/Appraiser BA000315L, completed this report. For all areas of this study, the assigned values represent the amount a reputable and quali- fied appraiser unaffected by personal interest, bias or prejudice, would recommend to a prospective purchaser as a proper price or cost within the value concept and in light of prevailing conditions. Some lengthy legal descriptions have been copied and made a part of the Addenda. Sketches, Plat Maps, Photos, Maps and other illustrative data, if any, contained herein are included only to assist the reader in visualizing the property. The appraiser, Carl R. Nolan, GAA/RAA, assumes no responsibility for investigation of liabilities associated with possible "clean up" costs to undesirable "by-products" of past, present or future operations. Such "by-products" could include foundry slag, underground waste, storage tanks, retention ponds and/or soil permeated by effluent discharge. If the client has questions regarding these items, it is the client's responsibility to order the ap- propriate inspections. The appraiser does not have the skill or expertise needed to make such inspections. The appraiser assumes no responsibility for these items. It is assumed that there are no structural defects hidden by floor or wall coverings or any other hidden or unapparent conditions of the property; that all mechanical equipment and appliances are in good working condition; and that all electrical components and the roof- ing are in good condition. If the client has questions regarding these items, it is the client's responsibility to order the appropriate inspections. The appraiser does not have the skill or expertise needed to make such inspections. The appraiser assumes no respon- sibility for these items. Acceptance of and/or use of this report constitutes acceptance of the forgoing Limiting Conditions. The appraiser's duty, pursuant to the employment to make the appraisal, is complete upon delivery and acceptance of this appraisal report. Any corrections or errors should be called to the attention of the appraiser within sixty days of delivery of the re- port. 43 Rear Chapman Road Cascade Township Lycoming County Compliance with these standards is required when either the service or the appraiser is obligated by law or regulation, or by agreement with the client or intended users, to com- ply. Compliance is also required when an individual, by choice, represents that he or she is performing the service as the appraiser. An appraiser must perform assignments ethically and competently, in accordance with USPAP and any other supplemental standards agreed to by the appraiser in accepting the assignment. An appraiser must not engage in criminal conduct. An appraiser must per- form assignments with impartiality, objectivity, independence and without accommodation of personal interest. Appraisal consulting is the act or process of developing an analysis, recommendation or opinion to solve a problem, where an opinion of value is a component of the analysis leading to the assignment results. Cost is either a fact or an estimate of fact (such as the Replacement Cost Estimate). Market Value Opinion is a type of value, stated as an opinion, that presumes the transfer of a property (such as a right of ownership or a bundle of such rights) as of a certain date, under specific conditions set forth in the definition of the term identified by the appraiser as applicable in an appraisal. An appraisal is the act or process of developing and opinion of value; and opinion of value. An assignment is a valuation service provided as a consequence of an agreement between an appraiser and client. The statement, which is specific to assignments for use in a federally related transaction for a federally insured depository institution, provides clarification, interpretation, expla- nation and elaboration to reaffirm an appraiser's USPAP obligations when performing such assignments, and states instances of noncompliance with USPAP and USPAP refer- enced responses to those issues. It also makes it clear that accepting such an assignment also includes an acceptance of the supplemental standards. 44 ~, Rear Chapman Road Cascade Township Lycoming County ENVIRONMENTAL DISCLAIMER The value estimated in this report is based on the assumption that the property is not negatively affected by the existence of hazardous substances or detrimental environ- mental conditions. The appraiser is not an expert in the identification of hazardous substances or detrimental environmental conditions. The appraiser's routine inspection of and inquiries about the subject property did not develop any information that indicated any apparent significant hazardous substances or detrimental environmental conditions which would affect the subject property negatively. It is possible that tests and inspections made by a qualified hazardous substance and envi- ronmental expert would reveal the existence of hazardous materials and environmental conditions on or around the subject property that would negatively affect its value. This appraisal was prepared by Carl R. Nolan, GA,A/RAA, for the exclusive use of the designated client. The information and opinions contained in this appraisal set forth the appraiser's best judgment in light of the information available at the time of the prepara- tion of this report. Any use of this appraisal by any other person or entity, or any reliance or decisions based on this appraisal are the sole responsibility and at the sole risk of the third party. Carl R. Nolan, GAA/RAA, accepts no responsibility for damages suffered by any third party as a result of reliance on or decisions made or actions taken based on this report. 45 • ~_ , ~t ~~ ~~ ~ YN ?N8 ORPAllI1S' ~CO~Y! O' LT+COatI1~l0 COON'R, taNlt3YLVAMZ~ IN RB ~ SS?A'i'B 01- ~ . ''"~ Geo. eo F~vAa~c strut, 1966 BzoL~ s, soraipsox. na;cEASEn _ S?A?EMlEN? • OF ~ PROP06ED DTSTRISTUION - In e~acord,anco with Lhe I:ulos of Court, Robert F. Tomlinson (' Szecutor of thQ Battite ot. Bider 8. ?omlinsoa, •tatos that the ~ mount for Qiotribution in this estate is X31,751.47, of tiRion I~,9,OJ0.00 hss boen distriDutodj that the aarots aonsiet of . cash, socurities and~aidcellanoous peraonaltFf and that bs propoaod to salts distribution in accordnooe ttith tt~ teroa of the lttat .rill and tec~at of amid aaepdsnt~,llar. t - lj# of the mount stionr- for distribution to Eothar Apple~,ate i.o the acaunt of ;7.937.87 Less a,:.ount Aeretotore diitributed~ in cash 2,,~, 5~ 4~ . ~~ Ealance for distribution - bF Dash . # 5,37.87 . ~ of the amount shsr~n toa• distributloaR to Eleanor Darbour !o the a,rount ~ot 17.931•®7 . Less saount heretoto~ distribntodt - ~- ip cash #1,000. . trsr~stor of actor aar . at 'invcntorq value X00. 00 • . Palastco to bo distributod , ~. ~ tropoaod distribution o! the balaDON byi tranatar of 81 shams of stock of tt:o First ltntionsl ~:ar~s of Hoatouraville at io• - vcntory va1~:Q of 13321• - ~ tran.•.Per of 52 shares o! • at~rk of the First ltstional Bank at liilliaa,port at in- vanto~er value of ~aeo.oo . 'Cash 10 ~ Balance tar distribution 6~3'~'.87 ~/# of rho mount spawn for distribution o Phs1sF B. To31i~.son !n tar accost ;7.937.87 • :' ~ - Leaa aaount herotolare dtstlibuted .~ .. in cash - 2 ~Q 00 -~ Balance to b~ distributod ~ S, - rro?oaod distributioD of the balano. -~ - as tollo~rs ~ Undiridsd 1,/2 interest in -real . estate hereinafter d~oeoribed . ! at one-salt inventozy- Valve of - . . Cash -,~ ~ . . 8alanoe for dtatribytios ~•, i5,~37.8? ,. - t • _ st~r~t o~ s,~ ~~arcrrso>< caKrztmsa .rte 7`/~ o! ttN amoiizs ahoy tcs suztributioa t4 RicD01't ~. ?o:~1lLQOD Li th0 L~~!'.uf(t .~C LQO~ tmiouot bQr•totOl'~ distrsnatod sa east, Lzlarics to Ds di,otributed 2•s,t.~~oo # y,4jT.i:v Proponod Qiotribution of_ths baiaacs n~ 1o11ck•~ ~ thiGiviC~d 1/'2 intCr~Cat in coal oZLate t:c~+eir~tt~r Ceceribod at ons-lirlf iDYeaLcrr values of Old Coir at inv~cctor~ vslns 60,00 Old gL:as at iavorto~r value 175.00 . &tlnucQ to' QtatribuLior: -"r ~'SsA~1,~ ?0?AI. PL1I~StCR Ql~ PROP03ED nIS1'AI~tIOIf ~22,~1,A7 'mt root ostats Aes~in~se' re distributtod vinto . ~phlllp 8, Tcsalinacn a.~ :obort !'. ?oa2lr~oa li Gaacri~od a~ !'ollcvs: lr~rRl 1. All thzt Cortsla piece, p3z'col or trae! of la.-:d eitia~ to t2x TorarlLtn of Ca,:cafa, C~.tnty of S.,rooair.3 cad • Ststad of Peon+c~-2raala, tooryG~d ar~4 ~soriDed as toll~.rs, to•~rit Ce~eaoit~ of an old birch on tiA oorit~c::t eorr~r of tys 2a~-d Aorela t3cc.~3b-:d oa lim of land host or tor-.:rl? of da`:.3 C::oa . tracts thCr.:o oc:tt:: L7~ ~=~ncaa cr~cz 17,5 F=rch=s to a pct= thcac4 north n~~ ~:;~•~:a ca:aL 11':3- tc: c::~a to a y~:-L1 t: ~s:.:a zor:h Sr: G:~.;oa r:~~t 291.6 pr:~:~.co to a- nt~r= cc:r.~rs trcnes • a~.~21 b~ G::;,.^ena Brat li:'J.1 yorch~a to a Yosts ti:~rc~ coLth g~~ C.~ea es:.t i?3.$ Farct~: o to t2ri pl=ta of t~~.-Ln ;. •,. Coatainis~g ~e2-3/~ acres, moo. o or lean, ...,;'C~! a3 the sar-s psanicoi eos:re?od stnLo Lille: E. To~inson b? Geed ~~ ~. ~;.•.Qf •s ~•:.;ric:c O. ZciC:or, oir.; le, Zted 'Ju3r 21, 1g 1 a•~ c;~far~• :; .~y'7~~...lr:,, of retard in th3 0: fiCa of tha eN;co: G~- of acts is 3~d for k `:: S:~L;,;:.;,:itL; Coa:atar iti G:.:d Dcot~ aL y:.; ~ ~v,.5. ."• :r~; ~ Pr:•r~-1 2. J111 trot c~rtata piece, ta_••cal or tract of 2t.,.d ~, •... ai~~ :to In LT.o ?curs.*iip of Ca:c; C.~, Co".tat? of Igear_-1:~; vnd '~p•cc'•3~:tto of po:csFlvsrla, bou;~;d rnd Gcser3b:1 as tollora, to~-wife .. ~~ "'' r-~~a3 at arm irca post oa th7 no:*~sat eorntr o! lend u,'~i per~:l7 of :.G•:a F. l:~X~3^r rnd tiie ccst ;~~~L car^~r o! ttio j lr~d 2:;. Q:n d:.~c:;~L•cwl t :~:~ca la a :r_:.t:r3~ Qir~;s:2oa c'!c~g ,1 tho ncrLti lino acb cr for ~ or2y of Ad :.s F. l.a~ler tr:L ? 1 y fegt to tr.Q nubll0 r~3C Icat3c~ PrC7 +::111ti RL"s I:C=d to ;:~~31• ~••'~" ' J t tt-.c::ae in a nort::cr2y c:ir.:c:loa ale:;; Grid rc~d S*:~",;~ (1Sf fcaL to a poatY t;-,o::co.xn r~n c:.storlsr G:r~ctioa Il~~- tcJM to n post et:tl tt:a l:rs Ls~:::~a 1raC r.:x oc to:::i•3y ct 3, ~. ~ca- lirson _ t^.d I:aloa :o C;:1::~ rn3 xifos t~":~a ~o~.:s:h its C=r: cos scot tittcaa (35~ tcoL to tSzo placo of t~;,tr_•ii~~. {.iarb 8 it~h.ie, ~.eredK - . • I ~ r ~~ 80: ns' the saw pcosaiasa aanveyed unto D. 8. Toalinaon ~aiso kn,~l~m s:a 3SSler ~..Taaiin~on) b~I Q•wd o! Dula-~q +Chapc~e and lKaudo lt, that, leis Yitb, dated ~T 13. 19b8 snd a9Dearioa ' o! rooora la t!r ortsoo o! the Aecc~rdor o! taaoda i>p and !ar L,~-satia,~ iv did book 393.. at _pa~ 389. uartQr ttre Last M1I1 and 4oats~L as . ~ d~~~ ~. Toailoso~et, drooss~ • ~ - •~ i i . ' • ~ f ~~ ~ Csuna+ooawlW d Penn. ~ . • ~ ~ ~ ~• . ~ i C': f1:c 1:. l.a:i.~~rre, P.ecorclet of Iked~y, do _ ~ ~ Dcrc`~ c-~ti!y t£>r tnrr~oir+l: 10 is a lr ~ .•~~ . ,5 •.:;oorteCt•coly :! i1NC sr. i„iwai w tilt f.: _... ' ; • ~ _ . . ';; d iacor~d ip dus oi~ ice. '' ' %]R%tTNE58~ •mY ood OI.'r':! ~t:1 l::~ ~' _ ~ . . Aeoadai ~ Lrc Co..~ . u . m . ...~...~ 4 t-~ C} C .yews=y `" •~ f V sir` 0 • I~ ~ ~' -1L OLEO.-Ea.arYr.Tnwf.~~r ~irr~-w-7~ _ -.:. -. X55 ~~ -16 .. ,...w........_ M ~•+M•Y) ~. A w -rws wawa .+~ade the ~ ,,?~ ~~ ~/ Of ,~.e.. 6, , in the ysaa- JV~~aatee~s 7~undred and Sevemty-Six (197b) _ ~~ ELIZABETH M TOMLINSO~1 and ANN T ~NZER, Ezecutrices under the Laat wi11 and Testament of ROBERT F. TOMLIN50N late of Proctor, County of Lycomis~q and Coasoianwealth of Pennsylvania, Parties of the First Part, hereinafter referred to as `GRANTORS', / A N D M e RED CHIMNL~C Hi1NTI1gG CLOB, INC_, anon-profit corporation under the laws of the Commonwealth of Pennsylvania, iri.th its principal place o1 business in the City of williaa~sport, County of Lycomiag and Gom~tva- wealth of Pennsylvania, Party of the Second Part, hereinafter reface to as "GRANTEE' . p~It ROBERT F. TOMLINSUN died on the 29th clay of February, i97: hav;.ny f rst made his Last Nill and Testament dated Noveasber 19, 1966; and WHERF.~iS, Letters Testamentary were issued by the Register of wills o1 Lycomisiq County, Pennsylvania, on tL+,e 3rd day of 1~larch, 1975, Hato 8lizabeth H. Tomlinson and Ann T. Kinzer, which Letters r~aatin in effect at the date hereof; and wSEREAS, the said Robert F. Toaanlinson died seized and possessed (inter alia) of the hereinafter described premises= and wBERSAS, said premises >ras not specifically devised in decedent's will. ~~ ;~~po ~.1~:C6L,,dGr; R~-+.TM TAX AaY1~. /.~' ' `sue s u ~~L ~'- ~w.~ R~.n YAx a~rT ~,~s s'D M ~ ~W Z = Was/ ~ o.. y0 4 V N =o ~_~ - ~ ~~ ~. O N < u x r.a w c aYU-~~ ~T .~ ~h c~,r,~}~ ~a`7~ ~'~'~ i`~' ~~~• - - ~- - ~~ ~~73~~" ~ pvtbl~ . _ a Ana strr arm - ~~ ~-3'~"da~-'~ ~ ~ptarnE gli~' ~=t F• ~a~~goo, Qg , p~°" of Fn tkr rsnd~''n~td a,~ gag tlve Egt'e`~ ~ ~~in ~o~ yce gjsd io ~ii,~es . EX - ~u z~a s a~~ ~ thcrr~ ~~igtd- ~~ ~ yc t1,s ~'"j°'= ~ f~c fQ'' tlrr n ~ ial ,us[. ~ ~,~~,satisfsc~ ~ t~Y ss~~ to srt my ~„d ~~ sret~ ~ g~~~ ER,]'-'QF• t I-a~r ~~~SS~aN Exar~~~ - w~~y~as Uep*-'s .ltf } i ~~ .=' ~i ~ •~ ; • j ~ t / ~(Nt~ ~ ~ a. ~~ ~ ~`r ~ . $o -i r` ~- .~. .H H ~J w ,~. q~ TM ~S •- -~- ~~. ~. ~"'" , ~ ~-, r 4' i p ~ Y _~~ ~ ~ ~ ~ ~~~ ,.. - ,i9 _. ~ ~ ~~ ~ ~~~ AGE D,E~, B~'k ,mod ~~ °~~ to r mfr ~' ., ~i~~ ,~ man' may' ~G ~'°°'~ ~-~. ~ - L/ ~+~' - N ~ 4 _ 6 C - .. ~~ ft*L* with all and sin~tadar -----_-_--- mays, reatcrs, watar-coursea, rsghts, libartirs, privileges, lureditamant.r and appurtanances whatsoar~er tharaunto belonging, or in anyroisa appartaasung, a dnd tha revtraiona card ra~nainders, yenta, issues a~sd pro~fa thm-eof; and also, all tha estate, right, title, interest, usa, trrest, proparty, posacasion, claim and danaaard said iahatsoeaer, of the/Robert F. Tomlinson at the time of his death ----- i ------ ---- in faro, eq~r~itt/, or otharwFSa ho:osoaaar, of, an, to, ar otct of the saana: ~II ~~ihr ~~~ the a~ pieces, parcels and lots of land hereinabove described ------------------------------------------ --------------------------- hereditaments and prernisea hereby grarated and ------ , or rnantionrd and intended so to be, faith the dppu,•r~enancts, unto tho raid , grantee its successors--------------------------°------°-"------ ~. ------------- and assigns, to and for tha only p~P~' usa and ba7ioof of tha acid grantors, their heirs and aasi~ra foravea ,~ta the said grantors, their heirs and assigns ---- ----------- ------------------------- ~, Frorn~sa acrd a~nee, to and faith fJza said grantee ~ its successors ------------------------------------------- ~~they ~~ grantors, their heirs and assigns ------___-____- ---------------------~~~------------------------- and asaigrra, have root ~~~ ~~, or ~,~gly ~. ugly autfarcd to be done or com- s~zitted, any act, nurttar or t'his~g tvhatsoer~er, ttihareby the praTnises haraby grcLnted, or any part thereof, ins, ara, shall, or nay bye i~srpeacahed, charged or i>,~crwnbered, in cloys-ge, estata, or otherwisa hozrasoa~rr. Y( t~r Fl~i tha said grantors ,.t hereunto set their hands and seal s t7ea day a~e~d year jlrat above wnttan. ~n tl~o h ) l Eliz th M. T linson ~- 1~nn T. lcinzer, ecutrices of the Estate of Imbert F. ~nyr r ~ K b H ~~ ~ ~ f7 A n~ x n i of ~ ~ o b O1 s O N `~. a 1 d ~ n J A W 4 t,jt F F-' 4 °c oNt'O~' to 1~ E-+ ~p ~• ~. '`~ ~ ~~oi~ N N N N o a c o O O O 4 p~ J GD ~D O O O O m m m m ~ ~ ~ ~ 0 0 0 0 N K tr• ~ ~ W ~ N A n r ~ m .. r~ w c~ryy r_ A ~r K m ~xc~~~ox ~r-mwo~-c~AO F.,. m m rn A~ cr ~ K R ~nGKa•Kn~ ~ ~'~' ~ ~~ r'' n ~' `4 A zxzxdx~r t+- ~ ~ A A K C A ~ A !-'- E A t-' ct £ 7a' -- --- ~ '~ .. .. .. . F, xzzz $ a ~ C2 *+i '~ H x x x~ ~ m ~ tD }-'- O A tL A ?i ~-+ N t'r ct W A N H }-' ~ K ~ ~.. N w w ri t-' F+- fy ~ ~ ~ x ~ ~ ~ ~ w r- A r. RNA Ia-'A~~ ~Oi Ki4 ~~ 0 n n m~~ m o~ ° m • O W O -''j R¢ N~ ~ • • 'R tp • rpooY ~ ~d0 H ~ ~.. ~ (~ a ~ x 0 0 ~M~~~~ W W W W In ~ o ~ m ~ ~ W o O +~ O iA ~ F~.,-~-~NNH~ ~, aD a~ o~ o ,Jp ~ A Sy~rr ~ oooot+~ ~ H~ ~ H +~ N N N N tJ1 01 ~1 ..1 a,PN~ w o m N 0 0 0 0 ~ W y,1 W W W i. Q1 f~ GD ~ ~ O O O O d n r Q y W ~ ~ a H d tp O N N O O~ N H' ~ ~ .ii. N 1.D ~.1 F' ~! ~ o 0 0 0 O R O O ~ ~1 z K '~• K H -- ~ O ~ ~ ~• ~ z '~' ~ t~s3 o ~ w rt F'- y r ~ c ** ~ C~ [~l ~ [+] „ ,,, u ,.. ~ N H !"~ W ~i W a~ W,, a"'- C ~ N O ' ° ~ _ _ _._. N ~ n W w ~ ~ p N ~ H ~ ~~ O ~~ ~ ~ ~ ~ i ~ s ~ ~ ~ t ~ 1 ~ r ~ 1 t ~ f ~ { ~ w~ ~w o~ ~o ~ ~ ~ ~ t ~ ~ ~ ~ ~ t ~ ~ ~ l ~ N H N bcnHro c n ~ rto~ H H !-' ~ t~ ~ •• N rr ~ O m ~ R ~ a n ~- ~ ~ t' O o o ~ .. ~ ~ o b H! L' H ~ o o~ a o ,~+ + o N y H p ~ A A 'ed «2 + '~' M O N O ''~ Q H '~ ~ ,i '~ ~ ~s''cAi Q N r No d . ~ A td Ad H ~. ~ H w t•' ~~ ~ ~ Q ~ ~ C] H fl~ x H -'•~ ~ c o .~y H z t~ sr~ ~ k .. ~ ~ O . a t~ 7 . R ~ . - ,d H • ~..~ b ~ ~ ~ N i~-i 4'1 ~ ~ ~ n o ro r~ ~ N N a H ...~ J '~+ ... _.. ._.._ _.. _. f7 _ ~ ___._ --- M ~ t t !-' b W ~ O ~ O i `~. H iP ~ N ~ w ~ N d o O ~x ~ .. ~ m ~ o W '=1 ~ V m ~ ~ ~ m ~ ~ ~ 1 ~~~' ~ p•~'`~Q'~K ~ ~ a o n ' ~ ro w ~ ~ N N N o~~ ~~~ , W ~ o K K ' ' ' s ~ a m ? 5' ?C ~ ~ ! ~ ~ ,p ,p ~ ltt A A t 0 0 0 t't a s 1 1 ~ t , ~ ~ I ~ 1 ( ~ 1 ~ ~ _~ ,_ ~_ ` ro m ~ ~ ° ~ o ~~aor~* ~ ~ ~ ~ ~ ~ A~ o r m ~a i ~ ~ ~ a K ~ ~ ~ +P ~P N N `~ ~ ~ !~ !-' W -.1 Gl ~ ~ ~ O AW ~ ~ o~ m oo a K [3 a F-~ N td N t9 O ~ ~ 0 0 0 0 (D 7 D W f' ~ ' ! C rn ~ • s :~ . ~ .. .. .. ~ n ~ ` cn m ~ ' ~ ~ o ~ ~ ' o ~ a~a ~ ' d ~- d ~ d W r~ ~ its ~ w~ .. R to ~ t~l H d ~ G3 d W H H d d ~~~ ~ N r r~ r ~ + r r ~ ~ r cn~-~ co c~ ~ ~ N <i N N N ~ N I~ N N !-~ N v o 0 a 0 o o y i~ o 0 0 0 0 0 0o A ~ cn ° ~ ~ y ~ r ~ N o H 'A ~7 W F-' ~ ~ H ~ ~t* ~ ~d w w m w ~ ~ ~ ~ ~ ~ ~~} H G~ 1 '~' ~ m r z t3 H t4 ~ ro e~ - K ~ ~ nw d ~ ~ w a ~ n ~ x o ~ ~ z ° e ~ n a `~ ~ A O n p, . d ~ o a a ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~R ,1a '~ Y O ~ ~ W ~ ~ ~ W ~ R (D • 1 ~ C ~ J lJ1 N b rP m N W N t+ ~ '~1 rt t-' ~1 N ~ r V J . ~ l C~ as N U1 J C 1 . O O W ~tj O ~ W ~{ rp !a-~ K O ~ ~ ~ r ~ b a~ ~~ N '~ A ~1 .. ~ m ad o 0 r-t o W O x h~ H F-i d C ~ ~ H d d w orr x~~ ~ ~ ~ ~ ~ n o ao a- o0 x ?t ?S ~ o N ~ . a~ xxx ~ 1-~ N N K ~~ u b ca ~ ~u w •~,d o a~ a~ H ~ ~c to Q E 1fD OD 00 @I! H 0 o a~.r o ~~s-~~H H ~ 3 ------------------- b u~ O f' N N H OD ooa~y H - _.. ~ ~ _ .~ .._....~... ~ _.__ _,__ - -- - --- - d ~ ~ ~ ~ O Q O O O O O O O O O O O N O~ c~ ~ ~ •• H v O o ~d r w ~ E-- w r~ ~ f~D O K ~ ~ A ~ ~ ~ w , N m ~ o ~~! O ~ ~v '~ ij N d a ~ N N i . C c m ~ Q, N 0 n o- cn a C) o aA' ~ 0 O o ri, o m w ~S N O d x H ~ ~CO~ t~ 9d -~ ro y ~!! r H n iN d N W N A t d a ^ p ^ a ^ u n Sd tiq M O R a 0 M 9 a e w m u a N Z b O o ~ ~ ~ ~ ~~ cr t~ fi a H N 7 N- W K F'~+- W b ~, x a a • p. n ..... o aoiQv~ 0 0 ~ < < O ro f'1 H O ro b p W m N ... s ~ ~ TVE: Historical Prices for Tennessee Valley Authority -Yahoo! Finance Page 1 of 2 New User? Rt_~t~i~;fr~~r Sign In Nt;ip Upgrade to Safer IE8 Y~jhoc~' Ma+! ~.,~I-~C~+C:~-,,{, ~ ~ ~ ~1 ~ ~ ~ ~ F ~: ~•t; Web Search Dow "t 0.38% Nasdaq '~' 1.12°Jo "'H'''OME IINVES"T~l"N'G NEWS 8 OPINION PERSONAL FINANCE MY PORTFOLIOS TECH TICKER ( i GET QUOTES c..,~, ~r3r;c>.:: Ir~:ti `7~~'~i ~ F . _'!. 5.. ~ , ~-f ~~ :., f.J.S. M~trk~Yt~ c;js~saci Tennessee Valley Authority (T1/E) on )un ~~: 26.57 i o.11;1o.a1°i°~ ~~~ ~j ~,~ Q AMI€pitTRADi t ~ ~~~ .~~ ~~~JLINE Tr~A3E5 ..r ~~ . ~ [~hTRADE SECURITIES LlC r ~ r Historical Prices SET DATE RANGE Start Date: Sep End Date: Sep Get Historical Prices for: GO ADVERTISEMENT Daily 15 2009 Eg. Jan 1, 2oio Weekly 15 2009 Monthly Dividends Only Get Prices ri PRICES Date Open High Low Close Volume C ose* Sep 15, 2009 26.57 26.57 26.45 26.55 11,100 25.70 * Close price adjusted for dividends and splits. r51 I ~..~~,~.'';iCiJ`~s I ~vf`xI I ('i`ii DownLoad_to_ S.pre adshe_ et s~~ ~ ~ti. ~, ~ ~, ~~~.ws,~ ~ia5- dgs C:;,~t:~yri~i,t r•:~ 2Ciii Yah;x;'. Eric r~li ~>~,I?ts !f~~e!vr~ti. Privacy Policy -About Our Ads Terms of Service - CopyriphUlP Policy Send Feedback Quotes delayed. exr,;ept wl'lerF ;;t:~~~;at~r? r:?i~~, w se. t]elay urges ;aCP '':5 rrt!rts for ~iASCi~;,, t`YSE .tn!i .~,rl~f.;x See ~i~;, ;~ft;i., t :-.:~;•> t!,, other exchanges. t ~~ t ;_~ <.jnd otite~ i^for~7iatic~n s~,:nplir,~t t.,~ ~:i~let,erxiF;n~ Eirc,•,ri;t:rs idcr;fi#:eri!~n Ir?e YC1i'tUU' F.nd c;e partner~ge.::.iu~.ri~;;~:a~E ~~x12aF:;t,EL,?~T~iii!'..'~il~. L.a ,vill ,~, ,I,u~ t.ry :~ httn://finance.vahoo.com/a/hn?s=TVE&a=08&b=15&c=2009&d=08&e=15&f=2009&~=d 6/13J2010 0 ... .fir ~ c~a °: v r+ ~_ ~ '!~ v ~i ~ ~ ~ ~ ~ i. r 43 ~ ~ ^. " 0 L.i m "a ~ ~ ~ ~'i `~ ~ J 1t! 4 C :,:r .v ~ .~ ~ Q ~ ~ ~ O ¢ ~ d ~ ~ Cy a ~ -~ 8 N ~? '' > ~ ~ °-~, '' cis ~ ~ ~' ~ ~ ~~ Q ~ Q ~~ ~ ~ m N ~ .~ "o. ~ ~ ~ -..~. N ,~ ,r ~ ~ ~ ~ ~ ~1 ~ D ~ o y~ ~~~~ -r m ~ v v r ~y ~. O ~ m 7 R4 ~'^~, ~ ~, ttf ~.~.,.~s ~ .,,,. N tb ~3 ~ '^~""= ~ t'~4 ~ v !/G cvd ~ ~~ ~ J a ~ 4 y -~ ~ -u a ~ ~ ~ -~~~ ~ N ~ -/r' E- ' ~ ~- ~ m v~~N~ o ~ ~ ~~ U ~ 1 T,~~ ~ ~ a m V Wzp~~ = W ~ Z ~~~ v Zo. W O r ~ a: -~ ~ o o LL 4- ~ d a W 1- t!'1 ~ Q ~ 1 ,l J ~ ~ Zo ~ Q 4 74,. ~ ~ ~ „~ ~ Q~ a ,. W W p ~ ~ ac `~ ~ y = ~ ~ ~ a w 111 3 7` 0 ~ ~ v' Z~ ~~, ~' O a ~ ~ W~ W ~ W ~- '~ r o ~ 4 ~ C ~ p,, t- W ~~ ~ m ~ d a ~ ~ - t < !'alculated V~ lue of Your Paper Savings Bond(s) -~ ~~~ `~' ~- ~ ~'~ Q-.L ~f ~, J, ` J '~'J ~ fYL. ~ L ~ V t 6 ~ ; O ~ ~ ~r~ • ~ ~"1 ~ < 1 ~ z ~ ~ - ~ -- ~~ Calculated Value of Your Pa p er Savin S Bons 9 ~ ~ ~ ~-~~~~ U z , '~'~~~ ~~~ ~ :;, ~--cr> ~~7 c ~ 1~~• i• L '^~ ` 1 ~ ~fly.~v ~ Calculator Resu lts for Redem ption D ate 09/ 2009 ~ ~~ ~ I ~ ~ ~ , . ~ , - ~~~~ Total Price Total Vafue Tota{ Interes 114 000.00 143 229.40 $29 229.40 Bonds: i-7 9 of 79 Serial # Series Denom Issue Date Next Fina! Accrual Maturity Issue Price Interest Interest Rate Value Note m007710438i I $1,000.05/2008 10/2009 05/2038 $1,000.00 $49.60 0.00% $1,049.60 P5 v002977964i I $5,000 08/2007 10/2009 08/2037 $5,000.00 $478.00 0.00% $5,478.00 P5 v002971937i I $5,000 07/2007 10/2009 07/2037 $5,000.00 $506.00 0.00% $5,506.00 P5 rn007377072i I $1,000 05/2007 10/2009 05/2037 $1,000.00 $106.80 0.00% $1,106.80 P5 m007377071i I $1,000 05/2007 10/2009 05/2037 $1,000.00 $106.80 0.00% $1,106.80 PS m007377070i I $1,000 05/2007 !0/2009 05/2037 $1,000.00 $106.80 0.00% $1,106.80 P5 m007377069i I $1,000 05/2007 10/2009 05/2037 $1,000.00 $106.80 0.00% $1,106.80 P5 m007377068i I $1,000 05/2007 10/2009 05/2037 $1,000.00 $106.80 0.00% $1,106.80 P5 m007391294i I $1,000 05/2007 10/2009 05/2037 $1,000.00. $106.80 0.00% $1,106.80 PS m007391293i I $1,000 05/2007 10/2009 05/2037 $1,000.00 $106.80 0.00% $1,106.80 PS m007391292i I $1,000 05/2007 10/2009 05/2037 $1,000.00 $106.80 0.00% $1,106.80 P5 m007391291i I $1,000 05/2007 10/2009 05/2037 $1,000.00 $106.80 0.00% $1,106.80 PS m007391290i I $1,000 05/2007 10/2009 05/2037 $1,000.00 $106.80 0.00% $1,106.80 P5 m007341069i I $1,000 03/2007 10/2009 03/2037 $1,000.00 $116.40 0.00% $1,116.40 P5 rn007341068i I $1,000 03/2007 10/2009 03/2037 $1,000.00 $116.40 0.00% $1,116.40 P5 m007341067i I $1,000 03/2007 10/2009 03/2037 $1,000.00 $116.40 0.00% $1,116.40 P5 v002995340i I $5,000 08/2000 10/2009 08/2030 $5,000.00 $3,984.00 0.00% $8,984.00 v002995339i I $5,000 08/2000 10/2009 08/2030 $5,000.00 $3,984.00 0.00% $8,984.00 m007297138i I $1,000 02/2007 10/2009 02/2037 $1,000.00 $122.40 0.00% $1,122.40 PS m007297137i I $1,000 02/2007 10/2009 02/2037 $1,000.00 $122.40 0.00% $1,122.40 PS m007297136i I $1,000 02/2007 10/2009 02/2037 $1,000.00 $122.40 0.00% $1,122.40 P5 m007297135i I $1,000 02/2007 10/2009 02/2037 $1,000.00 $122.40 0.00% $1,122.40 PS m007297134i I $1,000 02/2007 10/2009 02/2037 $1,000.00 $122.40 0.00% $1,122.40 P5 m007297133i I $1,000 02/2007 10/2009 02/2037 $1,000.00 $122.40 0.00% $1,122.40 P5 m007262415i I $1,000 01/2007 10/2009 01/2037 $1,000.00 $128.40 0.00% $1,128.40 P5 m007262414i I $1,000 01/2007 10/2009 01/2037 $1,000.00 $128.40 0.00% $1,128.40 P5 rn007262413i I $1,000 01/2007 10/2009 01/2037 $1,000.00 $128.40 0.00% $1,128.40 P5 m007262412i I $1,000 01/2007 10/2009 01/2037 $1,000.00 $128.40 0.00% $1,128.40 PS ~' m007262411i I $1,000 01/2007 10/2009 01/2037 $1,000.00 $128.40 0.00% $1,128.40 P5 m007223364i I $1,000 12/2006 10/2009 12/2036 $1,000.00 $134.00 0.00% $1,134.00 PS m007223363i I $1,000 12/2006 10/2009 12/2036 $1,000.00 $134.00 0.00% $1,134.00 P5 m007223362i I $1,000 12/2006 10/2009 12/2036 $1,000.00 $134.00 0.00% $1,134.00 PS m007223361i I $1,000 12/2006 10/2009 12/2036 $1,000.00 $134.00 0.00% $1,134.00 PS m007223360i I $1,000 12/2006 10/2009 12/2036 $1,000.00 $134.00 0.00% $1,134.00 PS m007223359i I $1,000 12/2006 10/2009 12/2036 $1,000.00 $134.00 0.00% $1,134.00 P5 m007223358i I $1,000 12/2006 10/2009 12/2036 $1,000.00 $134.00 0.00% $1,134.00 P5 m007195922i I $1,000 11/2006 10/2009 11/2036 $1,000.00 $134.00 0.00% $1,134.00 P5 m007195921i I $1,000 11/2006 10/2009 11/2036 $1,000.00 $134.00 0.00% $1,134.00 P5 m007195920i I $1,000 11/2006 10/2009 11/2036 $1,000.00 $134.00 0.00% $1,134.00 P5 m007195919i I $1,000 11/2006 10/2009 11/2036 $1,000.00 $134.00 0.00% $1,134.00 P5 c Calculated Value of Your Paper Savings Bond(s) Page 2 of 2 m007195918i I $1,000 11/2006 10/2009 11/2036 $1,000.00 $134.00 0.00% $1,134.00 P5 m007195917i I $1,000 11/2006 10/2009 11/2036 $1,000.00 $134.00 0.00% $1,134.00 P5 m007195916i I $1,000 11/2006 10/2009 11/2036 $1,000.00 $134.00 0.00% $1,134.00 PS m007195915i I $1,000 11/2006 10/2009 11/2036 $1,000.00 $134.00 0.00% $1,134.00 P5 !, m007153138i I $1,000 09/2006 10/2009 09/2036 $1,000.00 $130.00 0.00% $1,130.00 P5 m007153137i I $1,000 09/2006 10/2009 09/2036 $1,000.00 $130.00 0.00% $1,130.00 PS m007153136i I $1,000 09/2006 10/2009 09/2036 $1,000.00 $130.00 0.00°10 $1,130.00 P5 m007153135i I $1,000 09/2006 10/2009 09/2036 $1,000.00 $130.00 0.00% $1,130.00 P5 m007153134i I $1,000 09/2006 10/2009 09/2036 $1,000.00 $130.00 0.00% $1,130.00 P5 m007153133i I $1,000 09/2006 10/2009 09/2036 $1,000.00 $130.00 0.00% $1,130.00 PS m007153132i I $1,000 09/2006 10/2009 09/2036 $1,000.00 $130.00 0.00% $1,130.00 P5 rn007136158i I $1,000 08/2006 10/2009 08/2036 $1,000.00 $136.00 0.00% $1,136.00 PS m007136157i I $1,000 08/2006 10/2009 08/2036 $1,000.00 $136.00 0.00% $1,136.00 P5 m007136156i I $1,000 08/2006 10/2009 08/2036 $1,000.00 $136.00 0.00% $1,136.00 P5 m007136155i I $1,000 08/2006 10/2009 08/2036 $1,000.00 $136.00 0.00% $1,136.00 P5 m007136154i I $1,000 08/2006 10/2009 08/2036 $1,000.00 $136.00 0.00% $1,136.00 P5 d004515609i I $500 08/2006 10/2009 08/2036 $500.00 $68.00 0.00% $Sb8.00 PS j m007173337i I $1,000 10/2006 10/2009 10/2036 $1,000.00 $124.00 6.35% $1,124.00 PS m007173336i I $1,000 10/2006 10/2009 10/2036 $1,000.00 $124.00 6.35% $1,124.00 PS m007173335i I $1,000 10/2006 10/2009 10/2036 $1,000.00 $124.00 6.35% $1,124.00 P5 m007173334i I $1,000 10/2006 10/2009 10/2036 $1,000.00 $124.00 6.3S% $1,124.00 P5 m007173333i I $1,000 10/2006 10/2009 10/2036 $1,000.00 $124.00 6.35% $1,124.00 PS rn007173332i I $1,000 10/2006 10/2009 10/2036 $1,000.00 $124.00 6..35°l0 $1,124.00 P5 m007173331i I $1,000 10/2006 10/2009 10/2036 $1,000.00 $124.00 6.35% $1,124.00 P5 m007710440i I $1,000 05/2008 10/2009 05/2038 $1,000.00 $49.60 0.00% $1,049.60 PS v002721026i I $5,000 05/2006 10/2009 05/2036 $5,000.00 $738.00 0.00% $5,738.00 P5 m007071120i I $1,000 05/2006 10/2009 05/2036 $1,000.00 $147.60 0.0.0°to $1,147.60 PS d004461812i I $500 05/2006 10/2009 05/2036 $500.00 $73.80 0.00% $573.80 PS m007071121i I $1,000 05/2006 10/2009 05/2036 $1,000.00 $147.60 0.00% $1,147.60 P5 m007071119i I $1,000 05/200b 10/2009 05/2036 $1,000.00 $147.60 0.00% $1,147.60 P5 v002721027i I $5,000 05/2006 10/2009 05/2036 $5,000.00 $738.00 0.00% $5,738.00 PS v002721025i I $5,000 05/2006 10/2009 05/2036 $5,000.00 $738.00 0.00% $5,73$.00 P5 v001000473i I $5,000 09/1998 10/2009 09/2028 $5,000.00 $4,826.00 0.00°!0 $9,826.00 v001000472i I $5,000 09/1998 10/2009 09/2028 $5,000.00 $4,826.00 0.00% $9,826.00 ' m007710437i I $1,000 05/2008 10/2009 05/2038 $1,000.00 $49.60 0.00% $1,049.60 PS m007341066i I $1,000 03/2007 10/2009 03/2037 $1,000.00 $116.40 0.00% $1,116.40 . P5 m007223357i I $1,000 12/2006 10/2009 12/2036 $1,000.00 $134.00 0.00% $1,134.00 P5 m007710436i I $1,000 05/2008 10/2009 05/2038 $1,000.00 $49.60 0.00% $1,049.60 P5 m007341065i I $1,000 03/2007 10/2009 03/2037 $1,000.00 $116.40 0.00°10 $1,116.40 P5 Totals for 79 Bonds $114,000.00 $29,229.40 $143,229.40 Notes NI Not Issued NE Not eligible fo r payment P5 Includes 3 month interest penalt y MA Matured and not earnin interest Fattn•lhuauur trr>acnnrr~irNrt anv/R('/CRf Pri~.P ~~~S~Z~~g Calculate th:: Value of Your Paper Savings Bond(s) w ' ~ ~~ ~ ~r~ ~'` Dot ~~~tr http://www.treasurydirect.gov/BC/SBCPrice Hotn4 ~ Indvdual > TOVIs Cakulate the Value of Your Daper Savings Bond(s) Calculate the Value of Your Paper Savings Bond{s} SAVINf35 BOND GLCUUTOR Ventre as oh ,0812009 UPDATE ' ~ t ' '"t Series: Oeraminatiorr: Bond Serial Number: Issue Date: EE Bonds },ppp mtoazsns ivuss _ ;.HOW TO SAVE YOUR INVENTORY ~'~3c.c}iyl,:,l 1-spssttt5 f~:al ~~rt~s!~~ttEl~ I7at*~ Q~3, ~:"fly Total Price Total Value Total Interest 525,000.00 563,208.00 ;38,208.00 lnstfucttians ...... Ii v ~ U3ti tttt.`Jil~~ 1,J` :<s71P.:i ikl k:~~~' fJ:)t£'S (IS°t:i:r int. fit.:;.. NI Not 155ued NE Not elgibk for payment PS Includes 3 month interest pens KY MA Matured and not earning interest YTD Interest 51,240.00 ',( .~ Serials Series Denom Issue Dets Next AoQwl Firal Maturity Issue Pros Interest Irttsrest Rata Value Nets x2172361ee EE 510,000 04!1992 10/2004 04/2022 55,000.00 57,392.00 4.00% ;12,392.00 x2]16368ee EE f10,000 04/1991 10/2009 04/2021 55,000.00 57,892.00 4.00% ;12,192.00 _ x2175364ee EE 510,000 04/1992 10/2009 04/2022 55,000.00 57,392.00 4.00% ;12,392.00 -( x2116367ee EE S10,OOD 04/1991 10/2009 04/2D21 ;5,000.00 57,892.00 4.00% ;12,192.00 -i x2151480ee EE 510,000 10/1991 10/2009 10/2021 55,000.00 ;7,640.00 4.00% 112,610.00 _ , , "t1~~.14~,i Ft~CJT:II F .J. _• r;,~. How would you rate this tools Excellent Good Fair Poor t'Pl(~17:. ;';f illfnflt: i7f M1!i A~1 I ~.,il'H ilt 1~11Y'r31rt'f_ I ,~,IV.~I(Y ~._I ~..<Jd~ f~~ t',r1' .hr n,E:~ ~Pf. f1....:~„t. ti f)flitN)i1S ~ A~':PSIf?dRV ~ tint _ 11~!A„Y :i `s.. (,x'IA 1 1 -..nt..~t'he Tr2 .t y.. h~i ~. ~~~ ~7f s!'~f r lt!i..k?_¢t_ ~ ~ f ~ 10/ 19/2009 11:17 AM 4 CalculateC `value of Yciur Paper Savings Bond(s) Calculated Value of Your Paper Savings Bond(s~ Calculator Results for Redemption Date 09/2009 http://www,treasurydirect.gov/BC/SBCPrice Total Price Total Value Total Interest YTD Interest $2,000 00 $7,131 20 $5,131.20 $139.20 Bonds: t-4 of 4 Serial # Series Denom Issue Date Next Final Accrual Maturity m012646123ee EE $1,000 11/1985 11/2009 11/2015 m012646122ee EE $1,000 11/1985 11/2009 11/2015 ~m012646121ee EE $1,000 11/1985 11/2009 11/2015 m012646120ee EE $1,000 11/1985 11/2009 11/2015 Totals for 4 Bonds Issue Interest Interest Value N Price Rate $500.00 $1,282.80 4.00% $1,782.80 $500.00 $1,282.80 4.00% $1,782.80 $500.00 $1,282.80 4.00% $1,782.80 $500.00 $1,282.80 4.00% $1,782.80 !,000.00 $5,131.20 $7,131.20 _ Notes NI Not Issued NE Not eligible for payment P5 Includes 3 month interest penalty MA Matured and not earnin interest ~ ~ f ~ l OJ 19/2009 2:28 PM ~ (' alcuiate the Value of Your Paper Savings Bond(s) Fiow to Lse the Savines Bond C~alculatc> \~nldS I:)ecripticm NI Not Issued NE Not eligible for payment PS Includes 3 month interest penalty MA Matured and not earning interest Total Price Total Vaiue Total Interest YTD Interest $3,500.00 $12,479.60 58,979.60 $243.60 Bonds: 1-7 of 7 Serial lk Serits Dcnom Issue Next Final Issue Interest Interest Value Note Date Accrual Maturity Price Rate mlo32s778ee EE sl,ooo 1111985 I1%2009 1112015 Ssoo.oo s1.2a2.ao a.oo°i° sI,782.eo REMOVE to 10325777ee EE 51,000 l 1%1985 11 %2009 11; 2015 $500.00 S 1.282.80 4.00% 51,782.80 tn10325776ee EE $1,000 11%1985 1112009 11!2015 $500.00 51,282.80 4.00% 51,7$2.80 m10325775ee EE $1,000 1111985 1112009 11;2015 $500.00 51,282.$0 4.00% S1,7$2.80 tn10325774ee EE $1,000 1111985 1112009 11,''2015 $500.00 51,282.80 4.00% 51,782.80 m10325773ee EE $1.000 11%1985 t 1;2009 11;2015 $500.00 $1,262.80 4.00% 51,782.80 to 10325772ee EE $1.000 I I / 1985 11;2009 1112015 $500.00 $1,282.80 4.00% SI,782.80 REMOVE REMOVE REMOVE REMOVE REMOVE REMOVE f,`ALCl1LATE ANOTHER BONU Sun e~ How would you rate this tool'' Excellent Good Fair Poor SUBMIT • Freedom oflnfonnahon Act . 1 • law & Ciuldance • Privacy & I..eeal Notices • I • Website I'ernts ~ Condirions • I • Accescittiiih . ~ • I)afa Oualitr U.S. ~~ypartme 1 of the Trcasrw. tduroau of the Public [kbt Page 2 of 2 fi1P~/(C'•\1)~cument~ anc~ ~ettints~\T .incia\Mv { )cicumentc\dad savinQC h~nd2.htm l 1/5/2009 Total Banking Statement ,-~ ;, ~ - ~ ~ PN C BANK PNC Bank ~~//'~, o ~ ~ ~i For tho poriod 09/05/2009 to 10/06/200S Primary account number: 51-4006-4498 Page 1 of 3 Number of enclosures: 0 PHI LIP 8 RUTH TOMLINSON LIV TR For 24hour banking, and transaction or PHILIP TOMLINSON TTEE 8 interest rate information, sign on to U/A/D/ 07/28/1998 ~ PNC Bank Online Banking at pnc.oom. For customer service call 1-888-PNC-BANK 335 MULBERRY DR between the hours of 6 AM and Midnight ET. MECHANICSBURG PA 17050-3141 Para servicio en espaPlol, 1-866-HOLA-PNC MovinOt Please contact us at 1-888-PNC-BANK ® Write to: Customer Service PO Box 609 Pittsburgh PA 15230-9738 Visit us at pnc.com ® T'DD terminal: 1~-800-531-1648 For hearing impacted clients only Relationship Overview , ~ Bank Deposit Accounts Description Interest Checking Premium Money Market Certificate(s) Of Deposit Total Deposits Account Number ~ l a, ~ ~ ~ ~Sf 51-4006-4498 ~'~~ ~' ~ ~~' 50-0585-2053 ~ ~'' Total of 5 ~f, Investment Accounts PNC Brokerage Account Number: Description Money Market Instruments Common and Preferred Stock Annuities Value Net Value • • May Losc Valuc 0083868949 ~ • loo Hank Gnarautc ~.1~,~. `Deposit BalaASe~,~ 124,818.57 47,21G.88 82,278.44 ~ ~ 254.313.89 Market value on 1 Q/02 327.30+ 30,375.00+ 92,953.62+ 123,655.92+ 123,fi55.92+ Investment balances are provided for informational purposes only. For more details regarding these investements, please refer to your account statement from your investment provider(s). This information is not intended to replace your regular brokerage account statement(s). There is an additional $15 fee for Telephone Customer Service Representative-assisted outgoing wire transfers. This fee is not charged for Performance Select Checkin4 and PNC Comalete Accounts. Performance Checking Philip & Ruth Tomlinson Liv Tr Interest Checkin ACCOtN1t StNltma Philip Tomlinson TTEE & g ~ U/AID/ 07/2$/19sa Account number: 51-4006-4498 Overdraft Protection Provided By: Contact PNC to ostablish Ov~rdrsk Prot~ctiion Balance Summary Beginning balance 123,59G.12 Please see the Activity Detail section for additional information. Deposits and Checks and other Ending other additions deductions balance 1,222.45 .00 124,818.57 Average monthly Charges balance and fees 123,783.07 .00 FORM953R-1005 ` Total Banking Statement For t~ period 08/05/2008 to 10/06/2008 For 24-hour information, sign on to PNC Bank Online Banking PHILIP & RUTH TOMLINSON LlV TR on pnc.com. Pri-nary account number: 51-4006-4498 Account number: 51.41.)06-4498 -continued Page 2 of 3 Interest Summary As of 10106, a total of $3?A.00 in interest was paid this year. Annual Percentage Number of days Average collected Interest Paid Yield Earned iAPYE) in interest period balance for APYE this period 0.30% 32 123,783.07 32.45 Activity Detail Deposits and Other Ad~tions ~ S~ G, S~ , There were 2 Deposits and Other Additions ~ Date A ount Description 10/02 1,190.00 Direct Deposit -Svc Sec totaling $1,222A5. LiS Treasury 303 XXXXXfi5Ci5f1 1.0/06 32.45 Interest Payment Daily Balance Detail Date Balance Date Bal ante Date Ba I ante 09/05 123,59G.12 10/02 124,78ti.]2 l0/Of, 124,818.17 Premium Money Market Account Sumrnsry Philip B Tomlinson Account number: 50-0585-2053 Overdraft Protection Provided By: Contact PNC tto ~sttablish 0?v~rdrak Protection Balance Summary Please see the Activity Detail section for additional information. Beginning Deposits and Checks and other Ending balance other additions deductions ~~ . bi..,~ ' . J..~ s~ ~ ~~ ~ .1.~ C,~ {~ j `~f j ~ A, ~"' ~ r ~C 47,144.34 72.54 .OO 47,21G.88,~ Average monthly arges balance and fees 4'7,146 _f-0 .00 Interest Summary As of 10/06, a total of $684.88 in interest was paid this year. Annual Percentage Number of days Average collected Interest Paid Yield Earned (APYE) in interest period balance for APYE this period 1.77% 32 47,14fi.6U 72.54 Acdvlty Detail Deposits and Other Addition: There was 1 Deposit or Other Addition Date Amount Description totaling $?2.54. 10/Off 72.54 Interest Payment Daffy Balance Detail D. !~ Balance mate Balance 09/05 47,144.34 10/Off 47,216.88 Certificates of D®posit Philip B Tomlinson ITF ~ ~~~'' ~~ Robert D Tomlinson ~,w `~~' ~ Investment Description Maturity date ~~~~"r ~. Currer Interest Original or 2 number rate renewal value ~ valu 31000327231 6 Month(s) Fixed Rate 12116/2009 0.90 % lO, i20.7~) 10,349.1' Philip B Tomlinson ITF ~'~ ~" Kenneth S Bolinger ~t3 ~`~ ~N investment Description Maturity date Interest Original or ~'~" 1•~~ Currer ~•j ~~ valu number rate renewal value 31000330324 13 Month(s) Fixed Rate 00,12/2OI0 1.79 %n 7,230.93 7,259.4; 1~~~t fl`i Total Banlzin Statement Q PNCBANK For d>te period OS105/2008 tto t O/06JZ008 For 24hour information, sign onto PNC Bank Online Banking PHILIP & RUTH TOMLINSON LIV TR on pnc.com. Primary account number: 51-4006-4498 Account number: 50-0585.2053 -continued Page 3 of 3 Certificates of Deposit -continued Philip B Tomlinson ITI= -1 o IS ~ u~v~ ~,, Brandy A Bolinger ~~ ~ ~ Investment Description Maturity date Interest Current Original or ~ ~ number rate renewal value ~ti ~ ~ value 31000330327 6 Month(s) Fixed Rate 02/15/2010 0.80 % 7,233.62 r ~~ a~ 7,241.87 t Y~ w Philip B Tomlinson ITF ti ~~~ , _, ti date Maturit Interest Christina A Pruett Original or ~~~,"~"' urrent on Investment Descrip number y rate renewal value ,~" ~ value 31200333131 6 Month(s) Fixed Rate 02/15/2010 0.80 °~0 7,233.62 ~, 7,241.87 z.- U Philip & Ruth Tomlinson Liv Tr Philip Tomlinson TTEE & t3/HI'D 07/28/19yii Investment Description Maturity date Interest Original or Current number rate renewal value value 31000264885 11 Month(s) Fixed Rate 12/06/2009 2.48 % 49,266.18 ,-`50,186.09' `,~ Tonal otlltirreltrt oalue 82,278.44 . (. ~ I'.s` ~ L..' ..li ~ A FO RM953R-1005 For Paperwork Reduction Act Statement and Burden Estimate Statement See Reverse 28045300 OMB NO.: 1510-Od43 Cirlo `Aln+ino +n Annn~ inf (luirtor" Cnnv Expiration Date: 04/30/2003 " ~ '~~~ FROM ELECTRONIC FUNDS TRANSFER U.S. DEPARTMENT OF THE TREASURY FINANCIAL MANAGEMENT SERVICE FEDERAL RECURRING PAYMENTS AUSTIN RFC PO BOX 149058 8714-9058 ' NOTICE OF RECLAMATION - 300 512--342 I~II~ II~~ III I'~~ II~) ~1~I N~~ ~~~II ~~I ~I'I II~II III I ~') *39796004151* DATE 19005818 12/16/09 RECIPIENT ANDJOR BENEFICIARY NAME CLAIM NUMBER DATE OF DEATH PHILIP B TOMLINSON 203-05-6555 A 09-15-09 AGENCY DATE OF ,4N~pR TRADE PAYMENT TYPE OF NUMBER TYPE OF DEPOSITOR AMOUNT ACCOUNT ACCOUNT NUMBER PAYMENT 10-02-09 RSI SSA 03103603 2658986 C 00000005140064498 1190.00 OUTSTANDING TOTAL 1190.00 NOTICE TO ACCOUNT OWNERS FROM THE GOVERNMENT The Government has received information that person named on this notice is deceased. The purpose of this notice is to inform you that by law entitlement to Government benefits for this person ended at death. Therefore, the Government must recover all payments made after the date of death. If there has been an error and this person is not deceased, or if the date of death is wrong, this notice explains how to correct the mistake. If you do not understand this notice, please get help either your financial institution or the Government agency that was making payments. PAYMENTS TO THIS PERSON HAVE BEEN STOPPED Your financial institution has been asked to return the payments shown on this notice to the Government because they were issued in error. The Government has asked your financial institution to send this notice to you, the account owner. Your financial institution must notify you if it has taken action to recover these funds from the account. Contact your financial institution immediately if you do not understand its actions. If the Government is unable to collect from the financial institution the full amount of the payments made after death, you may be contacted by the agency which made the payments IF THE PERSON fS NOT DECEASED If the person is nat deceased, immediately contact both your financial institution and the agency that made the payments to correct the error, The Government regrets any inconvenience this error may cause. Your financial institu- tion can correct the collection action if it is given satisfactory proof that the person is alive. NOTE: YOU MUST CONTACT THE AGENCY THAT MADE THE PAYMENTS BECAUSE THIS ERROR HAS STOPPED FURTHER PAYMENTS. ONLY THE AGENCY CAN RESTART THE PAYMENTS. TT/'11TTnL~ rTr1 T nnr1TTTTT r1T~TrT~''D C -~-~~. ~~`'~~:: C ~j © d to ~ ~ ~ '~~ ~ '~. ~ ~ T~ r C N ~ ccs ~ tau ~ O cad . C -~ ,i L o m v a o ~ .s W o 4- ~ ~~ ~ ~ ~ ,~ ~ u°'~~cm .~..' ~Ta o3c~~ .~ 'S .... --~ .~. ...• ~ ~° NN",~cvm ~' G. ~ ~ _= , ~ ~ ~U~E ~ ~-,. ~ G 4 C ~ -----. ~ C ~`~? 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MECHANICSBURG, PENNSYLVANIA 17055 NO. 0000463807 Acct: XXXXXXX782 Teller: 0452 Date: 10/09/09Time: 1:16pm ------------------------------------------------------------------ See receipt for reference Check Number: 00 0000463807 Purpose SHARE WITHDRAWAL Amount $74,951.76 Fay to ESTATE OF PHILIP B. TOMLINSON Sd~. ~ • r Allstate Life Insurance Company P.O. Box 94212 Palatine, II. 60094-4212 Telephone: (877) 499-6418 Facsimile: (866) 635-4523 October 14, 2009 Linda Simons 335 Mulberry Drive Mechanicsburg, PA 17050 Re: Philip B. Tomlinson Contract No: GA0588915 Dear Ms. Simons: ~~ ~ ~ ~ ~~~ You're in goad hands. 5~ ~ The purpose of Form 712 is to provide an estate or donor with the value of a life insurance contract or its proceeds as of a certain date (usually the owner's date of death or date of transfer of the contract). Because this contract is an annuity, it is not reportable on IRS Form 712. I can, however, provide the following information for estate purposes: Date of Death: Annuity Value as of Date of Death: Cost Basis: Named Beneficiary: September 15, 2009 $ 92,833.25* $ 75,376.32 Primary- Ruth R. Tomlinson Contingent- Philip & Ruth Tomlinson Trust dated 7-28-98 *The actual amount paid may differ due to Market Value Adjustments and/or any applicable Surrender Charges. If you have any questions, please contact me at 1-877-499-6418 Ext. 86184. Sincerely, Donna Gray Sr. Claim Examiner ti > V ~ ~o r.- ~ O ~ •----~ V ~ 4~ a }~..r~~i "mil O O 'i~.J O 0 ~ o i.. ~ U r 0 J Cam" O v ~ O y ~ ~ ~ ~Q N +~ 0> ~+~,. ~ ~ C ~~ ,~ M tip _~ ~ ~ "' ~ 0 i a„ ~ ~ ~ ~ N m CJ ~ a ~" . ~ ~ o ~ ~ m _~ ~ ~v m ~. ~ ~° U ~ ° ~3 ' m b ~~~ c~ ~ c~ N ___-= ~ ':.' °v ~~ ~ 0 ~'' N M ~, ~ ~ ~ ar ~ ~ W ~~ ~ ~ ~ ) V ~ a~ ~ 4 ~ ~. Q Y ~ O Z \W LL I F d ... J z ~~ I + ~-- ~ a ~ ~ y ~ ~ ~ Z t.. ~ J 0 = > ~ ~ ~ ~ W W ~ IA ~ t/! 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