HomeMy WebLinkAbout04-0652PETITION FOR PROBATE and GRANT OF LETTERS
Estate oS'
/
also known as
Social Security No. / 7~ ' dC/- 7'~Z4 ~ceased.
The petition of the undersigned respectfully represents that:
Your petitioner(s), who is/are 18 years of age or older an the
in the last will of the abov~e decedent, dated )X c~ce~w 15 tE ~
and codicil(s) dated /~/-)i~d ~ ~. ~0~,~ -
To:
Register of Wills for the
County of
Commonwealth of Pennsylvania
in the
named
(state relevant circumstances, e.g. renunciation, death of executor, etc.)
Decendent was domiciled at death in ~.J)a~,~,Lz-~ ~om tSe~/~.q~d~ County, Pennsylvan~ia, with
he( lastfamilyorprincipalresidenceat ~ b~ t l! A ~ ~ I~r{.. C ~tl4 0 14~1[, ~J~
(list street, number and muncipality)
De~c~.dent, then ~ ~ years of age, died xJ c k~
Except as follows, decedent did not marry, was not divorced and did not have a child born or adopted
after execution of the will offered for probate; was not the victim of a killing and was never adjudicated
incompetent:
Decendent at death owned property with estimated values as follows:
(If domiciled in Pa.) All personal property
(If not domiciled in Pa.) Personal property in Pennsylvania
(If not domiciled in Pa.) Personal property in County
Value of real estate in Pennsylvania
situated as follows: . 4
WHEREFORE, petitioner(s) respectfully
presented herewith and the grant of letters
theron.
request(s) the probate of the last will and codicil(s)
Fe$ 4 .,~ rH et4 ~c~
(testamentary; admini~ration c.t.a.; administration d.b.n.c.t.a.)
OATH OF PERSONAL REPRESENTATIVE
COMMONWEALTH OF PENNSYLVANIA ~
.cov v or
The petitioner(s) above-named swear(s) or affirm(s) that the statements in the foregoing petition are
true and correct to the best of the knowledge and belief of petitioner(s) and that as personal represen-
tative(s) of the above decedent petitioner(s) will well and truly administer the estate according to law.
S orn to or afnr,m~_% and subscribed r Jfi~t[((~-e.~ 0 ~'~~~
befgzg,..me this I '~ "~ day of
No. .-Q- t - oq - ~53..
Estate Of '~('~c~c-,..~o..y~'L L_ \~,.~ , Deceased
DECREE OF PROBATE AND GRANT OF LETTERS
ANDNOW ~ -'~'x~x._~',,~ !% ~.'~e.~C~O~ ~ _, in consideration of the petifion on
the reverse side hereof, sati~ctory proof having been presented before me,
IT IS DEC~ED that the instrument(s) dated ~,XX ~ i2- {G -~ ~ Ot~,~,~' ~-~' O~
described therein be admitted [o pro~ate ~n~ filed of record as the last will of
~d Letters ~ ,ffO~~-~ ~ ~
are hereby granted to ~' X ~ ~ ~ ~~}~0;~ ~ ~m ~
Probate, Letters, Etc .......... $
Short Certificatesi2[;) ..........
. ..
TOTAL
Filed ~ - ~:~- ..................
Register of Wi~,~ ~ '
A'FI'ORNEY (Sup. Ct. I.D. No.)
ADDRESS
PHONE
OATH OF NON-SUBSCRIBING WITNESS
Estateof }~V~O.A~Or'e~- [...~,f_t( No._,,~.J'"014'' [05~
Also known as
,Deceased
(each) a subscriber hereto, (each) being duly qualified according to law, depose(s) and say(s) that
~amiliar with the signature of ~ 1.._ {&o ~ 9-. , testatl0.dY,, of
O -
(one of the subscribing wimesses to) the ~11 presented herewith and th .a!l:;~believ~
the signature on the, codicil/will is in the ~t/ng of ~ ~-~A~-"~ ~ ~1~0~ L
to the best og+~-,_ knowledge and belief.
(Address)
Sworn to or affirmed and subscribed
Be. fore me this _l ~+--% daypf
I-- D ~~ (Address)-
his is to certify that the information here given is correctly copied from an original certificate of death duly filed with me as
Local Registrar. The original certificate will be forwarded to the State Vital Records Office for permanent filing.
WARNING: It is illegal to duplicate this copy by photostat or photograph.
Fee for this certificate. $2.00
No.
Local Registrar
JUL 1 g 2004
Date
105 143 Rev 2/87
NAME OF DECEDENT (F~rSt, Middle, Lasl)
~. Margaret L. Kell
AGE (Last Btilhday)
COMMONWEALTH OF PENNSYLVANIA · DEPARTMENT OF HEALTH · VITAL RECORDS
CERTIFICATE OF DEATH
STATE FILE NUMBER
86 Yr$,
COUNTY OF DEATH
sb. Dauphin
DECEDE~'S USUAL ~CUPATION
Executive Secrete
4 Village Road
Camp Hill, PA 17011
FATHER'S ~ME (Fi~t, Midete, Last)
t.. Frank Henderson
2o.. Darwin D. Kell
DATE OF BIRTH
(Month. Day, Year)
dune 2,191a1,
CITY, BORG, TWP OF DEATH
Harrisburg
KIND OF BUSINESS I INDUSTRY
Agriculture
OECEDENT'S
ACTUAL
RESIDENCE
(See mstruct,~ns
on other side)
DOnalmo [] Burial [] Cremation ~2~emoval from Stale []
SIGNATURE O~UN.J~.,~'.ERVIC~L~NSEE OR PERS~ ACTING AS S~H I LICENSE NUMBER
~'.~t -~~ [n~ FD 013 340 L
:: .... ' I ~ATH I DATE PRONOUNCED DEAD (M~, DayvYe
I SEX I SOCIAL SECURITY NUMBER
2female. [,. 172- 01 --7323 . TE OF DEATH (Month, Day. Yea0JUly 9, 2004
BIRTHPLACE (Cfly and JPLACE OF DEATH tCheck Dilly One - see instructions on other
State of Foreign CouNt) I HO~ITAL: OTHER
Harrisburg'PAl~,. '' [ ,~. [] ,,~--,E] i~.~l []
I FACILITY NAME (If not institution, give slteat and number) [WAS DECEDENT OF HISPANIC ORIGIN? [RACE - AmScan Indian, Black, VVnite. et,
Harrisburg Hospital i ~.,~-,~,. IN•El, Yes Fl, yas. Pu.~ a~n, ~ sp*~ Cu~n. . ~ [I ISpec~) 10. white
vs DECEDENI EVER ~N [ DECEDENT'S EDUCATION I MAmTAL STATUS- M;rned, [ SURWV~NG SPOUSE
.S. ARMED FORCES?yes NO I Elemeflta~f/~eoml davy {SP~ctf~ onl~ hi~es~ i~lde ~rn~eted)colege [ NeverDivofcde (SpeCqy)Mardde' Wkto~de. I (If vale. g~ve ~iden name)
ate. state Pennsylvania md 17C. [] Yas, decedentlivedin ILower Allen ~wp
decadent I
17~. CoumyCumberland town~ip? 17d. [] No, decedent lived
II~. Llllian M. Cooney
~ INFORMANT'S MAILING ADDRESS (Slraat, Cily/Town, Stale, Zip C~e)
12o~. 65 Old Stonehouse Road~ South, Carlisle, PA 17013
Year)
NAMEANDADDRESSOFFACILITY Farthelmore t,'H & L;S. Inc. .
22¢.P.0. Box 431, New Cumberland, PA 17070-0431
LICENSE NUMBER 'DATE SIGNED
mfy cause ~ death. (Signature arid Title)
231.
TiME OF DEATH
person who pmnounoes death.
IMMEDIATE CAUSE (Final
CAUSE (DiseaSe of injury I c.
resulting on death ) LAST d.
DUE TO (OR AS A CO~l ICNCE OF):
DUE TO (OR AS A CO~Fql mNCE OF):
I I(Month, Day, Ye~)
23b. [ 23c.
WAS CASE REFERRED TO A MEDIC/~ EXAMINER ICORONER'~
: ApproXimate
. interval hehveel
', onset and death
PART I1: Othe significant condlt~n$ contnbut!ng to death,
not resulting in [he underlying Cause given in PART
WAS AN AUTOPSY I WERE AUTOPSY F ND NGS I MANNER OF DEATH I DAT .......... ' '
PERFORMED? J AVAILABLE PRIOR TO I I ,o.[ ~i?.J.u.)~ I TIME OF INJURY INJURY AT V~:)RK? ! DESCRIBE ~W INJURY OCCURRED
· I I P~CE OF INJURY - At home, la~, sVeet, lacl~, o~ca ~ LOCATION (Stm~, City~n~
~:-- '~' ~ I~~"~'~'~' I~.. ' ' ' '
'PRONOUNCING AND CERTIFYING PHY$1CIAN (~ySl~ ~ ~o~ ~ath ~ ~ to ~use of ~ath) ~
*MESCAL EXAMINE~CORONER [ NAME AND A~RESS
(lien 27) Type ~
On ~s ~lte of examination and/or Invest~atlon, In my opinion, death ~curred at the tim, date, and place, and due to the caule~l) and ~ . .
ep\wills\KELLcodicil
CODICIL TO THE LAST WILL AND TESTAMENT
OF
MARGARET L. KELL
I, MARGARET L. KELL, of Lower Allen Township, Cumberland County,
and Commo'~ealth of Pennsylvania, declare this to be the Sole Codicil
to~'~.,,= Last W':ll.._ _ and m~eame-~__~ .... uA dated _necember_ . 10, 2001.
ITEM I: I hereby revoke Item VIII of my Last Will and Testament
and in its place there shall be a new Item VIII which shall provide as
follows:
"Item VIII. I appoint my daughter, MARCIA ANNE FINKELSTEIN,
and FRANCES YOHE, Co-Executors of this my last will."
ITEM II: In all other respects I hereby ratify, confirm and
republish my Last Will and Testament dated December 10, 2001, together
with this my sole codicil.
IN WITNESS WHEREOF, i have hereunto set my hand and seal this
~~ day of ~p~ , 2003.
· KELL
Page 1 of 2
SIGNED, SEALED, PUBLISHED and DECLARED by MARGARET L. KELL, the
Testatrix above named, as and for a Sole Codicil to her Last Will and
Testament, and in the presence of us, who at her request, in her
presence and in the presence of each other, hav~ subscribed our names
Page 2 of 2
ep\will~\KELLmargaret\12-01
LAST WILL AND TESTAMENT
OF
MARGARET L. KELL
I, MARGARET L. KELL, of Lower Allen Township, Cumberland County,
Pehnsylv~nia, declare this to be my last will and revoke any will
previously made by me.
ITEM I: I direct that my Co-Executors hereinafter named shall
pay all my just debts and funeral expenses as soon as conveniently may
be done after my decease from the residue of my estate.
ITEM II: I make the following cash bequests:
A. $25,000 to my daughter, MARCIA ANNE FINKELSTEIN.
B. $2,000 to my granddaughter, DAPHNE D. DORSEY.
C. $5,000 to my granddaughter, ANGELA M. LOWER.
D. $5,000 to my granddaughter, SARA ANNE LOWER.
E. $5,000 to my grandson, DARWIN DEAN KELL, JR.
ITEM III: I make the following person property bequests:
A. My wall curio cabinet and china mantel clock to my
daughter, MARCIA ANNE FINKELSTEIN.
Page 1 of 6
B. My Edison Victrola, antique photo album, family picture
frame, and great, great grandparents fruit set (blue and gold) to my
son, DARWIN DEAN KELL.
C. My wash stand to my granddaughter, DAPHNE D. DORSEY.
D. My towel rack (down), doughtry, leaded lamp, marble
stand, Larkin desk (bedroom), father's cedar chest, Blue Willow
plates, pig cutting board, school slate, coffee grinder, match tin,
decanter set, candy jar, corner cabinet, corner cabinet (toothpicks),
larger blue rocker, and kitchen tool set to my granddaughter, ANGELA
M. LOWER.
E. My secretary's desk, modern small china cabinet, modern
corner cabinet, cat pictures, buckboard seat, grandfather clock, dark
wood game table, Pinky and Blue Boy, coffee table (glass top), cob-
bler's bench, towel rack (bedroom), piano bench, glass on glass
(Fenton), china cabinet (Carl), and dark wooden rocker with blue to my
granddaughter, SARA ANNE LOWER.
F. My wash stand, copper kettle and mugs, and dry sink to my
grandson, DARWIN DEAN KELL, JR.
ITEM IV: I direct that my Co-Executors hereinafter named shall
distribute the residue of my household goods and personal effects
Page 2 of 6
among my family and my friend, FRANCES YOHE, as Frances Yohe, in her
sole discretion, shall deem appropriate. Any such household goods and
personal effects not so distributed,
DEAN KELL, JR.
ITEM V:
I bequeath to my grandson, DARWIN
I devise and bequeath my real estate in Toboyne Town-
ship, Perry County, Pennsylvania, to my son, DARWIN DEAN KELL, for the
rest of his life. Upon his death or should he predecease me, then I
devise said parcel of real estate to my grandson, DARWIN DEAN KELL,
JR.
ITEM VI: I devise and bequeath my real estate in Jackson Town-
ship, Perry County, Pennsylvania, consisting of a homestead, cottage,
and eleven (11) acres of woodland to my daughter, MARCIA ANNE
FINKELSTEIN, for the rest of her natural life. Upon her death or
should she predecease me, then I devise said parcel of real estate to
my granddaughters, SARA ANNE LOWER and ANGELA M. LOWER.
ITEM VII: I devise and bequeath all the rest, residue and
remainder of my estate of whatsoever nature and wheresoever situate
unto my daughter, MARCIA ANNE FINKELSTEIN, and my son, DARWIN DEAN
KELL, in equal shares, the share of a deceased child to be paid to his
or her issue, per stirpes.
Page 3 of 6
ITEM VIII: I appoint my grandson, DARWIN DEAN KELL, JR., and
FRANCES YOHE, Co-Executors of this my last will.
ITEM IX: No fiduciary acting hereunder shall be required to post
bond or enter security for the faithful performance of his/her duties
in any jurisdiction.
IN WITNESS W-~EREOF, I, MARGARET L. KELL, have hereunto set my
hand and seal this /~ day of ~~.~ , 2001.
- ~RGARET L. KELL
SIGNED, SEALED, PUBLISHED and DECLARED by MARGARET L. KELL, the
Testatrix above named, as and for her Last Will and Testament, and in
the presence of us, who at her request, in her presence and in the
~ce o~ each other,
have subscribed our names as witnesses.
Address
Wi~n~s
Page 4 of 6
COMMONWEALTH OF PENNSYLVANIA:
: SS:
COUNTY OF CUMBERLAND :
I, MARGARET L. KELL, the Testatrix whose name is signed to the
attached or foregoing instrument, having been duly qualified according
to law do hereby acknowledge that I signed and executed this instru-
ment as my last will; that I signed it willingly and that I signed it
as my free and voluntary act for the purposes therein contained.
Sworn to or affirmed to and acknowledged before me by MARGARET L.
KELL, the Testatrix, this /3 day of
2001.
Notadal Seal
Carol L. Troxell, Notary Public
Lebanon, Lebanen County
My Commission Expires Dec. 27, 2001
Member, Pennsytvanla Association ot Notarte~
Notary Public
COMMONWEALTH OF PENNSYLVANIA :
: SS:
COUNTY OF CUMBERLAND :
We, ~~ 4 -/~(~q~. and /'~/~ ~3'g ~ /~(3C.~:~
the witnesses whose names are signed to the attached or foregoing
instrument, being duly qualified according to law, depose and say that
Page 5 of 6
we were present and saw Testatrix sign and execute the instrument as
her last will; that Testatrix signed willingly and that she executed
it as her free and voluntary act for the purposes therein expressed;
that each of us in the hearing and sight of the Testatrix signed the
will as witnesses; that to the best of our knowledge, the Testatrix
was at that time eighteen or more years of age, of sound mind and
under no constraint or undue influence.
~tr~ss ? d
Sworn to or affirmed to and acknowledged before me by
witnesses, this
Notadal Seal
C~rol L. Troxell, Notary Public
Lebanon, Lebanon County
Commission Expires D~. 27, 2001
day of
Member, Pennsylvania Association ol Notaries
Page 6 of 6
CERTIFICATION OF NOTICE UNDER RULE 5.6(al
Will No. ~00~- ~0 ~ ~'a~ Admin. No. ~/- ~ q - ~5~-'~..o
To the Register:
~ on or mailed to the following beneficiaries Of the above-captioned estate on - o :
Name Address
0
~ '/~'n /z~ 7- ~ ~ ,
. . . . ~ ~ ~~.
'
Date:
Signature
L~: ~H
Telephone r7/7)
!20 2C0~pacity: / Personal Representative
__.Counsel for personal representative
Cumberland County - Register Of Wills
Hanover and High Street
Carlisle, PA 17013
Phone: (717)240-6345
Date: 10/05/2004
YOHE FRANCES
263 WALTON ST
LEMOYNE, PA 17043
RE: Estate of KELL MARGARET L
File Number: 2004-00652
Dear Sir/Madam:
It has come to my attention that you have not filed the
Certification of Notice Under Rule 5.7 (a) in the above captioned
estate.
As per the AMENDMENTS TO SUPREME COURT ORPHANS' COURT RULES,
NO. 103 SUPREME COURT RULES DOCKET NO. 1, for decedents dying on
or after July 1, 1992, the personal representative or his
counsel, within ten (10) days after giving proper notice to the
beneficiaries and intestate heirs as required by subdivision
(a) of Rule 5.7, shall file with the Register of wills or Clerk
of the Orphans' Court his/her Certification of Notice.
This filing will become delinquent on 10/23/2004
Your prompt attention to this matter will be appreciated.
Thank You.
CC:
File
Counsel
Judge
GLENDA FARNER STR31SBAUGH
Clerk of the Orphans' Court
Cumberland County - Register Of wills
Hanover and High Street
Carlisle, PA 17013
Phone: (717)240-6345
Date: 10/05/2004
FINKELSTEIN MARCIA A
1804 YORK L~/qE
HARRISBURG, PA 17110
RE: Estate of KELL NLARGARET L
File Number: 2004-00652
Dear Sir/Madam:
It has come to my attention that you have not filed the
Certification of Notice Under Rule 5.7 (a) in the above captioned
estate.
As per the AMENDMENTS TO SUPREME COURT ORPHANS' COURT RULES,
NO. 103 SUPREME COURT RULES DOCKET NO. 1, for decedents dying on
or after July 1, 1992, the personal representative or his
counsel, within ten (10) days after giving proper notice to the
beneficiaries and intestate heirs as required by subdivision
(a) of Rule 5.7, shall file with the Register of wills or Clerk
of the Orphans' Court his/her Certification of Notice.
This filing will become delinquent on 10/23/2004
Your prompt attention to this matter will be appreciated.
Thank You.
cc:
File
Counsel
Judge
GLEN]DA FARNER STRASBAUGH
Clerk of the Orphans' Court
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COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
BUREAU OF INDIVIDUAL TAXES
DEPT. 280601
HARRISBURG. PA 17128-0601
REV-1162 EX(11-96)
RECEIVED FROM:
PENNSYLVANIA
INHERITANCE AND ESTATE TAX
OFFICIAL RECEIPT
FINKELSTEIN MARCIA A
1804 YORK LANE
HARRISBURG, PA 17110
nnun fold
EST A TE INFORMATION: SSN: 172-01-7323
FILE NUMBER: 2104-0652
DECEDENT NAME: KELL MARGARET L
DATE OF PAYMENT: 04/11/2005
POSTMARK DATE: 04/08/2005
COUNTY: CUMBERLAND
DATE OF DEATH: 07/09/2004
NO. CD 005185
ACN
ASSESSMENT
CONTROL
NUMBER
AMOUNT
101 I $19,800.00
I
I
I
I
I
I
I
I
TOTAL AMOUNT PAID:
$19,800.00
REMARKS:
CHECK# 117880
SEAL
INITIALS: JA
RECEIVED BY:
REGISTER OF WILLS
GLENDA FARNER STRASBAUGH
REGISTER OF WILLS
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
BUREAU OF INDIVIDUAL TAXES
DEPT. 280601
HARRISBURG, PA 17128-0601
REV-1 162 EX(1 1-96)
RECEIVED FROM:
PENNSYLVANIA
INHERITANCE AND ESTATE TAX
OFFICIAL RECEIPT
FINKELSTEIN MARCIA A
1804 YORK LANE
HARRISBURG, PA 17110
- fold
ESTATE INFORMATION: SSN: 172-01-7323
FILE NUMBER: 2104-0652
DECEDENT NAME: KELL MARGARET L
DATE OF PAYMENT: 04/11/2005
POSTMARK DATE: 04/08/2005
COUNTY: CUMBERLAND
DATE OF DEATH: 07/09/2004
NO. CD 005186
ACN
ASSESSMENT
CONTROL
NUMBER
AMOUNT
101 I $4,463.20
I
I
I
I
I
I
I
I
TOTAL AMOUNT PAID:
$4,463.20
REMARKS:
CHECK# 01196068
SEAL
INITIALS: JA
RECEIVED BY:
REGISTER OF WILLS
GLENDA FARNER STRASBAUGH
REGISTER OF WILLS
Rev-1500 U:::E'. (y~:.)
REV.lSOOEX(6.00j FILE THIS RETURN WITH
'* COMMONWEALTH OF FILE NUMBER
PENNSYLVANIA INHERITANCE TAX RETURN
DEPARTMENT OF REVENUE 21 - 04 0652
DEPT. 280601 RESIDENT DECEDENT COUNTY CODE YEAR NUMBER
HARRISBURG, PA 17128-0601
DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER
I- Kell, Margaret L. 172-01-7323
z
w DATE OF DEATH (MM-DD-YEAR) DATE OF BIRTH (MM-DO.YEAR) THIS RETURN MUST BE FILED IN DUPLICATE WITH THE
Q
w July 9, 2004 June 2,1918 REGISTER OF WILLS
0
w
Q (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER
w , 1 Original Return - 2. Supplemental Return - 3. Remainder Relurn((j.teol_ti'l~00t""2.\:l-Il2J
~ -
lo:::$Ul 4. Limited Estate 4a. Future Interest Comprise (dale af death atter 12-12.82) 5. Federal Estate Tax Return Required
u~" - - -
w~u
~oo , 6. Decedent Died Testate (Attach copy of Will) 8 Total Number of Safe Deposit Boxes
u~~ 7. Decedent Maintained a Living Trust (AttllCllll copy 01 Trust)
~m - -
~ 011 Election 10 tax under Sec. 9113(A)
< 9 Litigation Proceeds Received 10. Spousal Poverty Credit (dale of death belweell 12.31-91 and 1-1-95)
- - (.ttach Soh 01
I- THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO:
z
w NAME COMPLETE MAILING ADDRESS
0
z Louis T. Glantz, Esquire 1901 E. College Ave
0
"- FIRM NAME (It Applicable) State College, PA 16801
'"
w Glantz, Johnson & Assoc.
a:
a: TELEPHONE NUMBER
0
" 814-238-2491
$449,781.30~ ,
1. Real Estate (Schedule A) (1) OFFICIAL:USE ONLY
2. Stocks and Bonds (Schedule B) (2) $0.00 ~
3. Closely Held Corporation, Partnership 'or Sole-Proprietorship (3) $0.00 ~ ~'.-'"
-
4, Mortgages & Notes Receivable (Schedule D) (4) $0,001 - .~
Z $81 ,504.92 ~ -
5. Cash, Bank Deposits & Misc. Personal Property (Schedule E) (5) -
0 -
~ 6. Jointly Owned Property (Schedule F) (6) $0,00 ! ...
---
...J D Separate Billing Requested e..)
:)
I- 7. Inter-Vivos Transfers & Misc. Non~Probate Property (7) $45,055.00
ii: ........................................................
<( (Schedule G or L)
U 8. Total Gross Assets (total Lines 1.7) (8) $576,341.22
W
a: 9. Funeral Expenses & Administrative Costs (Schedule H) (9) $8,686.04
10. Debts of Decedent, Mortgage Liabilities & Liens (Schedule I) (10) $28,472.91
11. Total Deductions (total Lines 9 & 10) (11) 'l;;{7 1SR qS
12. Net Value of Estate (Line 8 minus Line 11) (12) $539,182.27
13. Charitable and Governmental BequestS/See 9113 Trusts for which an election to tax has not been (13) ~o on
made (Schedule J)
14. Net Value Subject to Tax (Line 12 minus Line 13) (14) $539,182,27
SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES
w 15. Amount of line 14 taxable at the spousal tax
a: rate, or transfers under Sec. 9116 (a)(1.2) , (15) $0.00
WZ -
J:Q 16. Amount of line 14 taxable at lineal rate $539,182.27 .045 (16) $24,263.20
"!< ,
01- -
w::> 17. Amount of line 14 taxable at sibling rate , 12 (17) $0.00
J:"-
0"
J:O 18. Amount of line 14 taxable at collateral rate , 15 (18) ~n nn
0"
.0: x 19. Tax Due
J:>' (19) $24,263.20
.0: 20.D CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT
> > BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECK MATH < <
Decedent's Complete Address:
STREET ADDRESS 4 Village Rd.
CITY I~TATE I~IP
Camp Hill PA 17011
Tax Payments and Credits:
1. Tax Due (Page 1 Line 19) (1)
2. Credits/Payments
A. Spousal Poverty Credit
B. Prior Payments
C. Discount
$24,263.20
Total Credits (A + B + C) (2)
$000
3. Interest/Penalty if applicable
D. Interest
E. Penalty
4.
TotallnteresVPenalty (D + E) (3)
If line 2 is greater than line 1 + line 3, enter the difference. This is the OVERPAYMENT.
Check box on Page 1 Line 20 to request a refund (4)
If line 1 + line 3 is greater than line 2, enter the difference. This is the TAX DUE. (5)
$0.00
5.
$24,263.20
B. Enter the total of Line 5 + 5A. This is the BALANCE DUE.
(5A)
(5B)
A. Enter the interest on the tax due.
$24,263.20
Make Check Payable to: REGISTER OF WILLS, AGENT
PLEASE ANSWER THE FOllOWING QUESTIONS BY PLACING AN X IN THE APPROPRIATE BLOCKS
1.
Did decedent make a transfer and: Ves
a. retain the use or income of the property transferred; ~
b. retain the right to. designate who shall use the property transferred or its income;
c. retain a revisionary interest; or
d. receive the promise for life of either payments, benefits or care?
If death occurred after December 12,1982, did decedent transfer property within on year of death
without receiving adequate consideration? E8
Did decedent own an Uin trust for" or payable upon death bank account or security at his or her death? x
Did decedent own an Individual Retirement Account, annuity, or other non-probate property which
contains a beneficiary designation? C:=J
No
2.
m
B
3.
4.
[2=:J
IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN.
Under penalties of perjury, I declare that I have examined this return, including accornpanying schedules and statements, and to the best 01 my knowledge and belief, it is true, correct,
and complete
Declaration of pre parer other than the personal representative is based on all the information of which preparer has any knowledge.
SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN
DATE
ADDRESS
Louis T. Glantz
Frances Yohe J
-Y-o ~
- 6- a
ADDRESS
Marcia Finkelstein
IVE
For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3% [72 P,S 89116
(aJ (1.1)(i)]
For dales of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0% [72 P.S. 89116 (a) (1.1) (iilJ. The
statute does not exemot a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving
spouse is the only beneficiary
For dates of death on or atter July 1, 2000:
The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a
stepparent of the child is 0% [72 P.S, 89116(a) (1.2)]
The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5%, except as noted in 72 P.S. 89116(1.2) [72 P.S, 89116(a) (1)]
The tax rate imposed on the net value of transfers to or tor the use of the decedent's siblings is 12% [72 P,S. ~9116(a)(1 ,3)]. A sibling is defined, under Section 9102, as an individuai
who has at least one parent in common with the decedent, whether by blood or adoption
AEV.1S02EX + (6-98)
'*
SCHEDULE A
REAL ESTATE
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
Margaret L. Kell
FILE NUMBER
21-04-0652
All real property owned solely or as a tenant in common must be reported at fair market value_ Fair markel value is defined as the price at which property would be exchanged between
a willing
buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the reievant facts. Real property which is jointly-owned with right of survivorship
must be
disclosed on Schedule F
ITEM
NUMBER
1.
2.
3.
4.
5.
DESCRIPTION
4 Village Rd., Camp Hill, PA. Settlement Statement attached - net sale proceeds ($165000 - 1729.88)
621 Hummel Rd., Camp Hill, PA - Settlement Statement attached - net sale proceeds ($67000 - 5488.80)
T 300 Black Hollow Rd., PC 251-190-6 - appraisal attached
SR 3006 Black Hollow Rd., PC 90-157-46, 90-157-46/02 - appraisal attached
Perry County, PA - vacant land. appraisal attached
VALUE AT DATE
OF DEATH
$163,270.10
$61,511.20
$98,000.00
$100,000.00
$27,000.00
TOTAL (Also enter on line 1, Recapitulation)
(If more space is needed, insert additional sheets of the same size)
$449,781.30
REV-15OB EX+ (6.98)
..
SCHEDULE E
CASH, BANK DEPOSITS, & MISC.
PERSONAL PROPERTY
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
Margaret L. Kell
FILE NUMBER
21-04-0652
Include the proceeds of litigation and the dale the proceeds were received by the estate.
All property jointly-owned with the right of survivorship must be disclosed on Schedule F,
ITEM
NUMBER
1.
2.
3.
4.
5.
6.
7.
8.
9.
DESCRIPTION
VALUE AT DATE
OF DEATH
$8,570.00
$3,425.00
$2,579.00
$25.281.00
$40,302.00
$5.00
$3092
$500.00
$812.00
Personal furniture & belongs by appraisal
PNC Checking account #5080535402
PNC Cert of Dep. #31100169062
PNC Checking account #5140033544
Members 1" Federal Credit Union - Cert of Dep. #124622
M& T Bank checking account #950631973
Members 1" Federal Credit Union - checking #124622
United Methodist Conference CD
2004 income tax refund
TOTAL (Also enter on line 5, Recapitulation)
(It more space is needed, insert additional sheets of the same size)
$81,504.92
REV.1510EJl:+ (&-9B)
.
SCHEDULE G
INTER-VIVOS TRANSFERS &
MISC. NON-PROBATE PROPERTY
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
Margaret L Kell
FILE NUMBER
21-04-0652
This schedule must be completed and filed if the answer to any of questions 1 through 4 on the reverse side 01 the REV-1500 COVER SHEET is yes.
DESCRIPTION OF PROPERTY % OF DECO'S TAXABLE
ITEM INCLUDE THE NAME OF THE TRANSFEREE, THEIR RELATIONSHIP TO DECEDENT AND THE DATE OF TRANSFER DATE OF DEATH INTEREST EXCLUSION
VALUE
NUMBER ATTACH ACOPY OF THE DEED FOR REAL ESTATE. VALUE OF ASSET (IF APPliCABLE)
1. PNC Bank - CD - POD to Sara Lower $10,000.00 100.0% $10,000,00
2, PNC Bank - CD . POD to Angela Lower $10,000,00 100.0% $10,000.00
3, Commerce Bank - CD - POD to Angela Lower $7,522,00 100.0% $7,522,00
4, Commerce Bank - CD - POD to Darwin R. Kell Jr. $7,522,00 100.0% $7,522,00
5, M& T Bank - CD - POD to Angela Lower 510,011.00 100.0'% $10,011.00
TOTAL (Also enter on line 7, Recapitulation) $45,055.00
(If more space IS needed, insert additional sheets of the same size)
REV-1511 EX + (12-99) ~
.
SCHEDULE H
FUNERAL EXPENSES &
ADMINISTRATIVE COSTS
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
Margaret L. Kell
FILE NUMBER
21-04-0652
ITEM
NUMBER DESCRIPTION AMOUNT
A. FUNERAL EXPENSES:
1. Parthemore Cremation & Memorial $4,298.87
2. Gingrich Memorials $210.68
3. Pastor Grabill $150.00
4. Hillside Diner - funeral dinner $280.21
5. Flowers - Olde Towne Greenery $224.99
6. Memorial Photo Collage $89.93
B. ADMINISTRATIVE COSTS:
1. Personal Representative's Commissions
Name of Personal Representative (s)
Social Security Number(s) I EIN Number of Personal Representative(s)
Street Address
City State Zip
-
Year(s) Commission Paid:
2. Attorney Fees - Glantz Johnson & Associates $2,500.00
3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation)
Claimant
Street Address
City State Zip
-
Relationship of Claimant to Decedent
4. Probate Fees Register of Wills $323.50
5. Accountant's Fees
6. Tax Return Preparer's Fees
7. Patriot News - legal notice $87.01
8. Executors mileage 1300 in 2004 @ 35.5; 110 in 2005 @ 40.5 $506.05
9. Executor postage $14.80
TOTAL (Also enter on line 9, Recapitulation) $8,686.04
Debts of decedent must be reported on Schedule I.
(If more space is needed, insert additional sheets of the same size)
REV-1512EX+(12-03)
,>
~
SCHEDULE I
DEBTS OF DECEDENT,
MORTGAGE LIABILITIES, & LIENS
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
FILE NUMBER
Margaret L. Kell
Record debts incurred by the decedent prior to death which remained unpaid as of the date of death, including unreimbursed medical expenses.
ITEM
NUMBER
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
DESCRIPTION
AMOUNT
$713.96
$1,524.62
$3,582.25
$13,030.49
$3,343.19
$129.00
$1,592.48
$194.00
$833.04
$171.00
$1,458.88
$1,900.00
621 Hummel Ave., utilities - pending sale
4 Village Rd., - utilties - pending sale
621 Hummel Ave. - repairs for sale
4 Village Rd., - repairs for sale
Perry County - real estate taxes
Perry County Property insurance
4 Village Rd. - real estate taxes
4 Village Rd. - property insurance
621 Hummel Ave. . real estate taxes
621 Hummel Ave. - property insurance
Visiting Angels Nursing
Marcia Finkelstein . personal loan
$28,472.91
TOTAL (Also enter on line 10, Recapitulation)
(If more space IS needed, insert additional sheets of the same size)
REV-1513 EX + (g-OO})
.
SCHEDULE J
BENEFICIARIES
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
Margaret L. Kell
FILE NUMBER
21 -04-0652
RELATIONSHIP TO DECEDENT AMOUNT OR SHARE
NUMBER NAME AND ADDRESS OF PERSON(SI RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE
I. TAXABLE DISTRIBUTIONS [include outright spousal distributions, and
transfers under Sec. 9116 (al (1.2)]
a. Marcia Finkelstein, 1804 York Lane, Harrisburg, PA 17043 daughter $25000 plus 4215% of
estate
b Darwin D. Kell, Sr., 65 Old Stonehouse Rd., Carlisle, PA 17013 son 37.55% of estate
c Darwin D. Kell, Jr, 65 Old Stonehouse Rd., Carlisle, PA 17013 grandson $12,522.00
d Daphne D. Dorsey, 128 N. 171h St., Camp Hill, PA granddaughter $2,000.00
e. Angela M. Lower, 15508 S. ArupahO St. granddaughter $32,533.00
t Sara A. Lower, 1201 Barksdale Dr. NE, Leesburg, VA 20176 granddaughter $15,000.00
ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET
II. NON-TAXABLE DISTRIBUTIONS:
A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX 1$ NOT BEING MADE
B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS
TOTAL OF PART II- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1S00 COVER SHEET $0.00
(If more space is needed, insert additional sheets of the same size)
Register of Wills Cumberland
INVENTORY
County, Pennsylvania
Estate of Margaret L. Kell
No. 21-04-0652
also known as
Date 01 Death July 9. 2004
, Deceased
Social Security No. 172-01-7323
Marcia Finkelstein
Personal Representative(s) of the above Estate, deceased, verify that the items appearing in the following inventory include all of the personal assets
wherever situate end all of the real estate in the Commonwealth of Pennsylvania of said, Decedent that the valuation placed opposite each item
of said Inventory represents its fair value as of the date of the Decedent's death, and th Decedent owned no real estate outside of the Commonwealth
of Pennsylvania except that which appears in a memorandum at the end of this Inventory. l!We verify that the statements made in this inventory
are true and correct. I/We understand that false statements herein are made subject to the penalties of 18 Pa, C,S, Section 4904 relating to
unsworn falsification to authorities.
Attorney
Louis T, Glantz, Esquire
'-:Dt Q U1",\j:u.JU~.O~n J J ~I
Marcia Finkelstein Frances Yohe
I.D. No.:
31657
Address
1901 E. College Ave.
Dated
a {).. {) '1. ).() Q5
I
State College, PA 16801
Telephone:
814-238-2491
Description
Value
4 Village Rd., Camp Hill, PA
621 Hummel Rd., Camp Hill, PA
T-300 Black Hollow Rd.. PC 251-190-6
Sr 3006 Black Hollow Rd" PC 90-157-46, 90-157-46/02
Vacant land - Perry County, PA
Personal furniture - belongings
PNC Bank - checking #5080535402
PNC Bank - CD #31100169062
PNC Bank - checking 5140033544
Members 1 !II FCU - CD 124622
M& T Bank - checking 950631973
Members 1st FCU checking 124622
United Methodist Conference CD
2004 income tax refund
$163,270.10
$61,511.20
$98.00000
$100,000.00
$27,000.00
$8,570.00
$3,425.00
$2,579.00
$25,281.00
$40,302.00
$5.00
$30.92
$500.00
$812.00
Total from Continuation Page(s)
(Attach additional sheets if necessary)
Total:
$0.00
$531,286.22
NOTE: The Memorandum of real estate outside the Commonwealth of Pennsylvania may, at the election of personal representative, include the value of
each item, but such figures should not be extended into the total of the Inventory.
REGISTER OF WILLS
CUMBERLAND County, Pennsylvania
CERTIFICATE OF GRANT OF LETTERS
No. 2004-00652 PA No. 21-04-0652
Es ta te Of: KELL MARGARET L
ILsst. Firsr, MiddfaJ
Late Of:
LOWER ALLEN TOWNSHIP
CUMBERLAND COUNTY
Deceased
Social Security No: 172-01-7323
WHEREAS, on the 23th day of July 2004 instruments dated:
December 10th 2001 April 29th 2003 were admi tted
to probate as the last will and codicil of KELL MARGARET L
(Last, First, Middle/
late of LOWER ALLEN TOWNSHIP, CUMBERLAND County,
who died on the 9th day of July 2004 and,
WHEREAS, a true copy of the will &codicil
THEREFORE, I, GLENDA FARNER STRASBAUGH
for CUMBERLAND County, in the Commonwealth of
certify that I have this day granted Letters
as probated is annexed hereto.
, Register of wills in and
Pennsylvania, hereby
TESTAMENTARY to:
YOHE FRANCES and FINKELSTEIN MARCIA A
who have duly qualified as EXECUTORIRIX)
and have agreed to administer the estate according to law, all of which
fully appears of record in my office at CUMBERLAND COUNTY COURT HOUSE,
CARLISLE, PENNSYL VANIA.
IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed the seal
of my office on the 13th day of July 2004.
.-
**NOTE** ALL NAMES ABOVE APPEAR (LAST, FIRST, MIDDLE)
. ep\wills\KELLmargaret\12-01
LAST WILL AND TESTAMENT
OF
MARGARET L. KELL
I, MARGARET L. KELL, of Lower Allen Township, Cumberland County,
Pennsylvania, declare this to be my last will and revoke any will
previously made by me.
ITEM I:
I direct that my Co-Executors hereinafter named shall
pay all my just debts and funeral expenses as soon as conveniently may
be done after my decease from the residue of my estate.
ITEM II: I make the following cash bequests:
A. $25,000 to my daughter, MARCIA ANNE FIN~ELSTEIN.
B. $2,000 to my granddaughter, DAPHNE D. DORSEY.
C. $5,000 to my granddaughter, ANGELA M. LOWER.
D. $5,000 to my granddaughter, SARA ANNE LOWER.
E. $5,000 to my grandson, DARWIN DEAN KELL, JR.
ITEM III: I make the following person property bequests:
A. My wall curio cabinet and china mantel clock to my
.daughter, MARCIA ANNE FINKELSTEIN.
Page 1 of 6
B. My Edison Victrola, antique photo album, family picture
frame, and great, great grandparents fruit set (blue and gold) to my
son, DARWIN DEAN KELL.
C. My wash stand to my granddaughter, DAPHNE D. DORSEY.
D. My towel rack (down), doughtry, leaded lamp, marble
stand, Larkin desk (bedroom), father's cedar chest, Blue Willow
plates, pig cutting board, school slate, coffee grinder, match tin,
decanter set, candy jar, corner cabinet, corner cabinet (toothpicks)
larger blue rocker, and kitchen tool set to my granddaughter, ANGELA
M. LOWER.
E. My secretary's desk, modern small china cabinet, modern
corner cabinet, cat pictures, buckboard seat, grandfather clock, dark
wood game table, Pinky and Blue Boy, coffee table (glass top), cob-
bler's bench, towel rack (bedroom), piano bench, glass on glass
(Fenton), china cabinet (Carl), and dark wooden rocker with blue to my
granddaughter, SARA ANNE LOWER.
F. My wash stand, copper kettle and mugs, and dry sink to my
grandson, DARWIN DEAN KELL, JR.
ITEM IV:
I direct that my Co-Executors hereinafter named shall
distribute the residue of my household goods and personal effects
Page 2 of 6
II,
~
among my family and my friend, FRANCES YOHE, as Frances Yohe, in her
sole discretion, shall deem appropriate. Any such household goods and
personal effects not so distributed, I bequeath to my grandson, DARWIN
DEAN KELL, JR.
ITEM V:
I devise and bequeath my real estate in Toboyne Town-
ship, Perry County, Pennsylvania, to my son, DARWIN DEAN KELL, for the
rest of his life. Upon his death or should he predecease me, then I
devise said parcel of real estate to my grandson, DARWIN DEAN KELL,
JR.
ITEM VI: I devise and bequeath my real estate in Jackson Town-
ship, Perry County, Pennsylvania, consisting of a homestead, cottage,
and eleven (11) acres of woodland to my daughter, MARCIA ANNE
FINKELSTEIN, for the rest of her natural life. Upon her death or
should she predecease me, then I devise said parcel of real estate to
my granddaughters, SARA ANNE LOWER and ANGELA M. LOWER.
ITEM VII:
I devise and bequeath all the rest, residue and
remainder of my estate of whatsoever nature and wheresoever situate
unto my daughter, MARCIA ANNE FINKELSTEIN, and my son, DARWIN DEAN
'KELL, in equal shares, the share of a deceased child to be paid to his
or her issue, per stirpes.
Page 3 of 6
II.
ITEM VII I:
I appoint my grandson, DARWIN DEAN KELL, JR., and
FRANCES YOHE, Co-Executors of this my last will.
ITEM IX: No fiduciary acting hereunder shall be required to post
bond or enter security for the faithful performance of his/her duties
in any jurisdiction.
IN WITNESS WHEREOF, I, MARGARET L. KELL, have hereunto set my
~fn.fr>~~
10 day of
, 2001.
hand and seal this
(114 ..~"J .1k!N
RGARET L. KELL
SIGNED, SEALED, PUBLISHED and DECLARED by MARGARET L. KELL, the
Testatrix above named, as and for her Last Will and Testament, and in
the presence of us, who at her request, in her presence and in the
resence of each other, have subscribed our names as witnesses.
Il.D 1c"~" -'I ,,-
Address
IJ
iC:;
~c12.
'Witn's
,r, L-~
r
') ", t
1., --' l<-"~l-<->vt~~
Address
y
/.::--- '
,
Page 4 of 6
COMMONWEALTH OF PENNSYLVANIA:
SS:
COUNTY OF CUMBERLAND
I, MARGARET L. KELL, the Testatrix whose name is signed to the
attached or foregoing instrument, having been duly qualified according
to law do hereby acknowledge that I signed and executed this instru-
ment as my last will; that I signed it willingly and that I signed it
as my free and voluntary act for the purposes therein contained.
~;t~
RGARET L. KELL
Sworn to or affirmed to and acknowledged before me by MARGARET L.
CvCP""~A
/()
day of
, 2001.
KELL, the Testatrix, this
Notarial Seal
Carol L. Troxal1, N01ary Public
Lebanon, Lebansn County
Mv Commission Expires Dec. 27, 2001
Member, PennsylVania Association of Notarlea
c\ \\
~~~. ,\ l~l~
\
Notary Public
COMMONWEALTH OF PENNSYLVANIA
SS:
COUNTY OF CUMBERLAND
We,
UAJ\" 4. ...J17\"\J(
and
'-{"It'€" h2.
Lucke,-"
j
the witnesses whose names are signed to the attached or foregoing
instrument, being duly qualified according to law, depose and say that
Page 5 of 6
we were present and saw Testatrix sign and execute the instrument as
her last will; that Testatrix signed willingly and that she executed
it as her free and voluntary act for the purposes therein expressed;
that each of us in the hearing and sight of the Testatrix signed the
will as witnesses; that to the best of our knowledge, the Testatrix
was at that time eighteen or more years of age, of sound mind and
under no constraint or undue influence.
~r:Js~ '12. ,~c~_
Sworn to or affirmed to and acknowledged before'me by
:\\A IT ~ t-i J,.,,....., and k au ",'~ L L{ C J.c. e l.{
l (
witnesses, this IG
day of
~rl""'lotp~ , 2001.
~ .,--,< ~ !o ~
Notary Public
Notarial Seal
Carol 1..,. Troxell, Notary Public
Lebanon, Lebanon County
Mv Commission Expires Dec. 27, 2001
Member, PennsYlvania Association of Notaries
Page 6 of 6
,
Ii. ep\wills\KELLcodic'il
CODICIL TO THE LAST WILL AND TESTAMENT
OF
MARGARET L. KELL
I, MARGARET L. KELL, of Lower Allen Township, Cumberland County,
and Commonwealth of Pennsylvania, declare this to be the Sole Codicil
to ~y Last Will and Testament dated December 10, 2001.
ITEM I: I hereby revoke Item VIII of my Last Will and Testament
and in its place there shall be a new Item VIII which shall provide as
follows:
"Item VII 1. I appoint my daughter, MARCIA ANNE FINKELSTEIN,
and FRANCES YOHE, Co-Executors of this my :!-ast will."
ITEM II: In all other respects I hereby ratify, confirm and
republish my Last Will and Testament dated December 10, 2001, together
with this my sole codicil.
IN WITNESS WHEREOF, I have hereunto set my hand and seal this
~ 9'11( day of
aKL'~~
!
, 2003.
-I)1JZ,tu1w~t
MM\GARET
'{J /(Ji'/ I.',
.. -,
Y' ,
L. KELL
Page 1 of 2
SIGNED, SEALED, PUBLISHED and DECLARED by MARGARET L. KELL, the
Testatrix above named, as and for a Sole Codicil to her Last Will and
Testament, and in the presence of us, who at her request, in her
presence and in the presence of each other, have subscribed our names
as witnesses.
rhJ DYh-~ (~
A~J~ess
~ flv>,l~k-ud) Pa-.
A dress
Page 2 of 2
CLAUDE C. WOLFE & ASSOCIATES
AUCTIONEERS - APPRAISERS - RELOCA TORS
FAMILY OWNED SINCE 1910
2009 LINCOLN STREET - CAMP HILL. PA 17011-3842
(717) 737-0734 - E-mail: k3wc@belIatlantic.net
October 20, 2004
Estate of Margaret L. Kell
4 Village Road
Campo Hill, PA 17011
INVOICE
Fair Market Value appraisal and documentation ofpersonai property.
$ 295.00
J:~ / k
~ .~ :J \1PO
IJ' \ 01
10\ 'Y
CLAUDE C. WOLFE & ASSOCIATES
AUCTIONEERS & APPRAISERS
FAMILY OWNED SINCE 1912
2009 llNCOlN STREET' CAMP Hill, PA 17011
717-761-2763
Appraisal for the Estate of Margaret L. Kell
4 Village Road, Camp Hill, PA 170n
October 4, 2004
LIVING ROOM
Knick-knack shelf !'
Mahogany card table
Marble top table
Pinky & Blue Boy pictures
Love seat
Rocker/recliner
Bookcase - broken
Slant top, serpentine style secretary/bookcase
(8) Misc. Norman Rockwell mugs
Small glass top coffee table
Buckboard seat
Dough box - no lid
Coffee mill
School slate
Cutting board
Tin match safe
Shoe shine box
Electrolux upright vacuum cleaner - broken
Christmas decorations
Box of misc. decorator items
Misc. books
Radio/cassette player
Pair of table lamps
Ansonia mantle clock
Misc. figurines
Wash stand
Slag paneled table lamp
Trend Grandmother's clock - broken
Pair of gilt framed pictures
Misc. contents of living room
65.00
55.00
325.00
20.00
10.00
5.00
10.00
295.00
10.00
20.00
35.00
40.00
30.00
5.00
2.00
7.00
1.00
1000
2.00
5.00
2.00
5.00
5.00
150.00
28.00
135.00
350.00
250.00
40.00
30.00
CLAUDE C. WOLFE & ASSOCIATES
AUCTIONEERS & APPRAISERS
FAMILY OWNED SINCE 1912
2009 LINCOLN STREET. CAMP Hill, PA 17011
717-761-2763
Kell appraisal
Page 2 of 5
FAMILY ROOM
Reproduction roll-top desk
Brass desk lamp , \
Glider rocker
Wash stand with towel rack
Platform rocker
Victrola
TV cabinet
TV - broken
Antique photo album
Oak corner cabinet
Misc, contents of corner cabinet (37 pieces of glassware) _,'
TV trays
Sofa
Misc, wooden primitives J\ Iv
Knick-knack shelf
Misc contents of family room
DINING ROOM
Rockwell plates
Curved glass curio cabinet ~ r.::c
Tooth pick holder collection - plus (J 07 pieces)
Oak china cabinet Co " "
Misc, contents of china cabinet - glassware (88 pieces)
Wash stand <:.,.
Copper tea kettle, ,.
Misc, copper items
Step-back cupboard' , "
Misc, contents of cupboard - glassware
200,00
10,00
11000
160,00
100,00
100,00
35,00
1.00
65,00
100,00
75,00
9,00
15,00
35,00
30,00
30,00
18,00
100,00
20,00
250,00
25,00
135,00
15,00
5,00
450,00
1000
CLAUDE C. WOLFE & ASSOCIATES
AUCTIONEERS & APPRAISERS
FAMILY OWNED SINCE 1912
2009 LINCOLN STREET. CAMP Hill, PA 17011
717.761.2763
Kell appraisal
Page 3 of 5
DINING ROOM - continued
(12)Danbury Mint - Hummel plate reproductions'
Comer cupboard
Misc. contents of comer cupboard
German berry bowl set \..,
Pair of Carnival glass vases (one chipped)
Dry sink
Wash stand
Small curio cabinet
Misc. glassware in cabinet
Misc Wave-Crest glassware (21 pieces)
Misc. empty boxes & hankie box
Table & 4 chairs '
Oriental style rugs \ .'.' .
Misc. contents of dining room
KITCHEN
Whirlpool refrigerator
Misc. kitchen accessories
Misc. everyday dishes
Cutlery
Oster mixer
1 ~, '-, .
Cookware
Misc. contents of kitchen
TV ROOM
Chest of drawers
Knick-knack shelf
Misc. knick-knacks on shelf
Victorian wooden top table - rectangular
Victorian wooden top table - oval
.,
36.00
],500.00
65.00
65.00
30.00
400.00
135.00
50.00
5.00
100.00
45.00
]25.00
]00.00
30.00
50.00
1000
1.00
3.00
35.00
]5.00
25.00
40.00
8.00
5.00
100.00
]00.00
CLAUDE C. WOLFE & ASSOCIATES
AUCTIONEERS & APPRAISERS
FAMILY OWNED SINCE 1912
2009 LINCOLN STREET' CAMP HILL, PA 17011
717-761-2763
Kell appraisal
Page 5 of 5
BATH
Scales
Trash can
Wicker hamper
(2)Wicker shelf units
1.00
1.00
5.00
10.00
APPRAISAL TOTAL $ 8,570.00
This Fair Market Value appraisal is true and correct to the best of my ability as an
auctioneer and appraiser with 35 years experience.
Member: Certified Appraisers Guild of America
CLAUDE C. WOLFE & ASSOCIATES
'J K ~&hv~U---
W. K. Dusty Chapman, CAGA
A. Settlement Statement
U.S. Department of Housing
,1nd Urban Development
OMS Approval No. 2502-026t
,
B. Type of Loan
\
1 [ ] FHA
4 [ ] VA
2. [ ] FmHA 3. [ ] Conv.Unins 6. File Number:
5. [X] Conv.lns.
7. Loan Number:
8. Mortgage Insurance Case Number:
400402408-SK
2179117925
22146200
C NOTE:
THIS NOTE IS FURNISHED TO GIVE YOU A STATEMENT OF ACTUAL SETTLEMENT COSTS. AMOUNTS PAID TO AND BY THE
SETTLEMENT AGENT ARE SHOWN. ITEMS MARKED "(P.O.C.)" WERE PAID OUTSIDE THE CLOSING; THEY ARE SHOWN HERE FOR
INFORMATIONAL PURPOSES AND NOT INCLUDED IN THE TOTALS.
D. Name and Address of Borrower I E. Name and Address of Seller
LISA A. MORRISON ESTATE OF MARGARET L. KELL
,PA ,PA
IF. Name and Address of lender
CITIZENS MTG CORP, D/B/A CMC FUNDING
10 TRIPPS LANE" RTL 120,
RIVERSIDE" RI 02915
G, PROPERTY LOCATION
621 HUMMEL AVENUE,
LEMOYNE, PA 17043
COUNTY: CUMBERLAND
PARCEL ID: 12-22-0824-144
TOWNSHIP: LEMOYNE BOROUGH
H. Settlement Agent
SECURED LAND TRANSFERS - MECHANICSBURG
Place of Settlement
485 ST. JOHNS CHURCH ROAD"
SHIREMANSTOWN, PA 17011
I. Settlement Date 1
Disbursement Date
J, SUMMARY OF BORROWER'S TRANSACTIONS K, SUMMARY OF SELLER'S TRANSACTIONS
100. GrolS Amount Due From Borrower 400. Gross Amount Due To Seuer
101 Purchase Price $67,000.00 401. Purchase Price $67,000.00
102 Personal Property 402. Personal Property
103. Settlement Charges to Borrower $3,650.97 403.
104. 404.
105 405.
Adjustments For Items Paid By Seller In Advance Adjustments For Items Paid By Seller in Advance
106. Cityrrown Taxes 406. Cityrrown Taxes
107. County Taxes 407. County Taxes
108 Assessments 408. Assessments
109. School Taxes 678.61/yr 117/2005 to 7/1/2005 $325.36 409. School Taxes 678.61/yr 1t7/2005 to 711/2005 $325.36
110 410.
-
111 411.
112 412.
1n12005 1 :00:00
PMI1/7/2005
120. Gross Amount Due From Borrower I $70,976.33 420. Gran Amount Due To Seller I $67,325.36
200. Amounts Paid By Or In Behalf Of Borrower 500. Reductions In Amount Due To Seller
201. Earnest Money $1,000.00 501. Excess deposit
202. Principal from Citizens Mtg Corp, D/B/A CMC Funding $63,000.00 502. Settlement Charges To SeUer (line 1400) $11,514.05
203. Existing loan(s) taken subject to 503. Existing Loan(s) taken Subject To
204. Cumberland County 2nd from Redevelopment $3,000.00 504. Payoff of First Mortgage Loan
Authority of Cumberland County
205. Citizens Grant from Citizens Mtg Corp, D/B/A CMC 505. Payoff of Second Mortgage Loan
Funding $1,005.00 506.
206 507.
207 508.
208 509.
209 Adjustments For Items Unpaid By Seller
Adjustments For Items Unpaid By Seller 510. Cityrrown Taxes
210. Cityrrown Taxes 511. County Taxes 288.881yr 1f1/2005 to 1f7/2005 $475
211 County Taxes 288.88/yr 1/1f2005 to 1/7/2005 $4.75 512. Assessments
212. Assessments 513.
213. 514.
214 515.
215 516.
216 517.
217. 518
218 519.
219.
520. Total Reduction Amount Due Seller I $11.518.80
220. Total Paid BylFor Borrower
300. Cash At Settlement FromlTo Borrower
301 Gross Amount Due From Borrower (line 120)
302 Less Amounts Paid By/For Borrower (line 220)
$68,009.75
600. Cash At Settlement To/From Seller
$70,976.33 601. Gross Amount Due To Seller (line 420)
$68,009.75 602. Less Deductions in Amt. Due To Seller (line 520)
$67.32536
$11.518.80
303. Cash ( X ] From [ ] To Borrower
$2,966.58 603. Cash [X] To [ ] From Seller
$55,80656
-
OMS No 2502-0265
__. '_.'_ ~F' ......., '....,~t..... .........1 1 100^"1 n~VI=I nPMENT
l'""dlJ~i.
L. Settlement Statement
700. Total Sales Commission 67000.00 @ 6 % = 4020.00
~~"") 01 Co:"'\misslon (line 700) As Follows: , Paid From Borrower's Paid From Seller's
701. $2035.00 to ERA.NRT, Inc. Funds At Settlement Funds At Settlement
702 $1985.00 to Century 21 Walak & Associates
703 Commission paid at settlement $4,020.00
706. Transaction Fee 10 ERA-NRT, Inc. $125.00
707 Transaction Fee to Century 21 Walek & Associates $125.00
800. Items Payable In Connection With Loan
801, Loan Origination Fee
802. Loan Discount
803. Appraisal Fee to Rea! Estate Valuation (POC 300.00 by Lender)
804, Credit Report to The Credit Network {POC 15.00 by Lender}
805 lender's Inspection Fee
808. UndelWr\ting Fee to Citizens Mtg Corp, D/B/A CMC Funding $300.00
810. Tax Service to First American R.E. Tax Service $57.00
811. Flood Cert. Fee to First American Flood Dala $11 .00
814 Application Fee to Citizens Mtg Corp, D/B/A CMC Funding $325.00
815. AU Underwriting Fee 10 FHLMC (POC 20.00 by Lender)
900. Items Requ\red By Lender To 8e Paid In Advance
901. Interesl from 117/2005102/1/2005@9.2BOO/day $232.00
902 Mortgage Insurance Premium for
903. Hazard Ins Premium 1 year 10 Erie Insurance Exchange $264.00
1000. Reserve. Oepo.lted With Lender
1001. Hazard Ins ReseNe 3.0000 mo@ 221 mo to Citizens Mtg Corp, D/BIA CMC Funding $66.00
1002 Mortgage Insurance
1003. City Property Taxes
1004. County Tax ReseNe 11 mo @ 24.07/ ma Cilizens Mtg Corp, D/B/A CMC Funding $264.61
1006. Scnoa/tax 7 mo @ 56.55/ mo Citizens Mtg Corp, D/B/A CMC Funding $395.66
1009. Aggregate Accounting Adjustment from Citizens Mtg Corp, D/B/A eMC Fum~\ng -$272.36
110Q. Title Charge.
"01 Settlement or Closing Fee
1102. Abstract or Title Search
1103. Title Examination
1106. Notary Fees
1107. Attorney's Fees
"08. Title insurance to Secufed Land Transfers - Mechanicsburg $594.66
1109. Lender's Coverage $63000.00 ($)
1110. Owner's coverage $67000.00 ($594.68)RI
1111. Endorsement 100/300/900 to Secured Land Transfers - Mechanicsburg $15000
, 113. Insured Closing Protection Letter to First American Title Insurance Company $35.00
1200. Government Recording And Transfer Chargn
1201. Recording Fees: Deed $ 41,50; Mortgage $ 64,50 $106.00
1202. City/County Ta1JStamps 670.00 $670.00
1203. Stale Deed Tax $ 670.00 $670.00
1205.
1212 Misc. County Recording Fee Cumberland County Grant $17.00
1300. Additional Settlement Charges
1302 Pest Inspection to Bowers Pest Control $35.00
1303. Home Warranty to AON Home Warranty $409.00
1304. Home Inspection to Biechler & Tillery $275.00
1305. Inheritance Tax Escrow to Secured Land Transfers, Inc. $6,030.00
1306. Final Refuse to Lemoyne Borough Office $72.36
1307 Final Sewer to Lemoyne Borough Office $187.69
1400. Total Settlem.nt Charges (Enter On Lines 103, Section J And 502, Section K) $3,650.97 $11,514.05
! have carefully revIewed the HUD-1 Settlement Statement and to the best of my knowledge and behef It IS true and accurate statement of all receipts and disbursements
on my account or by me in this transaction. I further certify thaI I have received a copy of the HUD~1 Settlement Statement.
~~ '
, ,I).J..-.. J}}).>i'"'
iS~ . Morriso '.
SELLERS
YJ.t:U{~~.o~
Ma cia Anne Finkelstein, Co-Executor
~~(#.._)~
Frances Yohe, Co~E cutor
J~~~ >f::
rDarwin Dean Kkl 0 ,"
f ~
The HUD-1 Settlement Statement which J have prepared is a true and accurate account 0 his Iran sa ion. I have caused Qr wi\llJ6USe the f\.mos 10 oe disbursed in
wl\ll tillS 5t ment
./
Date
1/7/2005 1 :0000 PM
SETTLEMENT STATEMENT
L. SETTLFMENT CHARGES 5001 6
700' TOTAL SALESlBROKER'S COMMISSION based on price $
Division 01 Commission (line 700) as follows
701 $ 10
702 $ to
703 Commission paid at Settlement
704
800 ITEMS PAYABLE IN CONNECTION WITH LOAN
Be 1 Loan Origination Fee 1 . 0 0 0 %
802 Loan Discount %
803 Appraisal Fee to
804 Credil Report to
805 Lenders Inspection Fee
806 Mortgage Insurance Application Fee to
807 Assumption Fee
808 Tax Srv.
809 Flood Cert
810 Doc re
811
900 ITEMS REQUIRED BY LENDER TQ BE PAID IN ADVANCE
901 Interestlrom 02/09/05 to02/28/05 @$
902 Mortgage Insurance Premium for
903 Hazard Insurance Premium for
165000.00
Total:
0.00
Page 2
PAID FROM
SELLER'S
FUNDS AT
SETTLEMENT
Count I' wide Home Loans I
1320.00
Central Penn A
CIS 35 POC
I' 310 POC
Countrywide Tax Service
Landsafe Flood
Countr ide Home Loans, I
90.00
26.00
400.00
/day
434.00
904
905
mo. to
yrs. to
yrs. to
38.92 Imo. 116.76
/mo.
Imo.
48.57 /mo 679.98
/mo.
110,33 /mo 1103.30
/mo.
/mo. -388.83
1000 RESERVES DEPOSITED WITH LENDER FOR
1001 Hazard Insurance 3 mo @$
1002 Mortgage Insurance mo, @$
003 Clly(fown tax mo @$
1C04 County lax 14 mo. @ $
005 Assessments mo @ $
C06 School Tax 10 mo @$
007 mo, @ $
1008 mo. @$
1100 TITLE CHARGES
1101 Settlement or closing fee to
102 Abstract or title search to
1103 Tille examination to
1104 Tille insurance binder 10
1105 Document preparation to
1106 Notary fees to
1107 Attorney's fees to
(includes above items No.:)
108 Title Insurance to
(Includes above items No :)
109 Lender's coverage $
1110 Owner's coverage $
1111 Endors.
'112 C.S.Letter
1113 e-doc fee
,200 GOVERNMENT RECORDING AND TRANSFER CHARGES
201 Recordlog fees Deed $ 38 . 50 Mortgage $ 74 . 50
202 City/county tax/stamps: Deed $ 1650 . 00 Mortgage $
:203 State tax/stamps Deed $ 1650. 00 Mortgage $
1204 2nd Mt Recorder
Notal'
Public
20.00
6,00
Cornerstone Land Transfe
Fidelit National Title
Cornerstone Land Transfe
1102 1103
132,000
165 000
Cornerstone Land Transfe
1104
Misc. $
113.00
1650.00
1650.00
of Deeds
48.50
1205
. 300 ADDITIONAL SETTLEMENT CHARGES
. 301 Survey to
~ 302 Pesllnspecllon to
1303 Tax Cert
1304 Ese-Estate
Bonnie K. Miller
Cornerstone Land Transfe
10.00
19800.00
305
400 TOTAL SETILEMENT CHARGES (enter on lines 103 and 502, Sections J and K)
7071.46
21466.00
Parties agree that no liability is assumed by Selllemenl Agent lor the accuracy ot information furnished by others as shown on the HUD-l Seltlement Statement. Settlemenl Agent hereby
e~pressly
reserves the right to deposit any amounts collected lor disbursement in an interest bearing account in a Federally insured institution and to credit any interest so earned 10 Its own
account as additional
compensalion lor its services If! this transaction.
HUD CERTIFICATION OF BUYERS AND SELLERS
I have carefully reviewed the HUD-, SeWement Statement and to the best of my knowledge and belief, it is a true and accurate statement of all receipts and disbursements
made 00 my aceo,ml by me 10 lh" l~aosaclion. Ilunher cenify Ihat I have received a copy ~eH/ Seltlement Slate men!
6~..uw..d:t:..." E:. RI7~-::;hJ~ ~ ~'-.~~
~c~(~
Ouyer 0< Borrower's Signature
tJuyer sAddress& PllOne
Seller's New Address &. Phone
~, '''' ood ,,,",,Ie ","col ollh" ",,,,,,,"" I hm "",,d ".,11 "", Ih, lcod, " b, d"bu"'d '" ",,,,d,,,, .IIh Ih" "",m,"
d.-- 9~oS-
Date
false statements 10 Ihe United Stales on this or any similar lorm. Penalties upon conviction can inClUde a line and Imprlsonrnenl For delails see
and Section 1010
HUD.l Rev. 5/86
Borrower/Client MARGARET L KELL File No, JGNJA3421
Prooerlv Address T300lBACK HOLLOW ROADl
CiIv BLAIN Countv PERRY Stale PA Zio Code 17006
lender MARGARET L KELL
TABLE OF CONTENTS
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Surrrnary of Salent Features .... ................................. "......"......" ...................... .......""..,..... ".".. .........."........""......."""...... ".""......".......".""......."
.". 1
Invoice ........"............"............".........."."..........."..........""......"""........"."........".........."".........""..........".."......."........""............"......."............."
..... 2
URAR ........"............."............""........"."........""".."....."...,........"..........."........""".........""......".."".........""........."........"""........""......."................"
3
Additicmal Col1llarables ~ ............"............"..........,,,.........,,.,,..........,,,,.........,,,,,,........",,...........,,..........."..........."........."".........."....."."."......."."
..... 5
GeneralTexl Addendum ...."".........."".."......."".........""....,....""."........................."..........."".........."...................".."...................."............."".............
6
Subject Ptlotos ..........."............"..............".",......""".........".".....................""."........".."........"".........""........."."."......""......"...."........"."........"".".
7
Subject Photos ...... ............." ...,....................................."..............."..........."..........."..."......................"..........."........................"............"...
.................. 8
Conllarable Photos 1-3 ".............".............".".... ..................."."."......................."..........."..........."..............."........"."........."...........""..................
..... 9
Conllarable PhotOs ~ .....".".".........."............."..........".........................."..........."............................"........................"............"..........."............""
".. 10
location Map ".........""........."""."........"".........."""........."""..........""......".""".........."...................."............""".....".".........."".".........""......"""...
11
Rood Map .........................."......................................................."......................."..........."..........."........."".........."".........""........"""......".".....
...""".. 12
Statement of Liniting Conditions ......................".........."............"""........."...........".".........""........................"........"".........."."........."..........""..........
13
ldH'urpose St4lPiemental Addendum ""..........""".......".........".."."..........,,,.........,,,,,,........,,.,,........,,..,,......""."........."........""........""."........,,,.......
15
USPAP ldenlification ....""".........""............"..........."............".........................""..........."".........""............"........"."........"..........""........."""........"""
17
Form TOCP - 'TOTAL for Windows' appraisal software by a Ia mode, inc, -1,8O(J-ALAMOOE
[fHe No JGNJA342 \I P,oe #;1
UNIFORM RESIDENTIAL APPRAISAL REPORT
MARKET DATA ANALYSIS
These recent sales of pro=es are roost similar and gro~mate to subject and have been considered in the market awlYsis. The description includes a doUar adjustJrffi. refOcting
market reaction to thoSe of signnicant variation elween the sub~ and oo~able pr~rties. "a significant iIi>m in the c~arable ~operty is superior to, or roore
favorable than. the subject property, a minus (-j adjustment is made, reducing the indicated value of the sub~, "a signnicant m in comparable is infenor to, or less
favorable than, the subject property. a plus (+) adjustment is made. thus increasing the indicated value of the su lect.
ITEM I SUBJECT COMPARABLE NO, 4 COMPARABLE NO, 5 COMPARABLE NO 6
T300(BACK HOLLOW ROAD: 2620 POLLYANNA ROAD
Address BLAIN LIVERPOOL PA 17045
Pro~mitv to SubiP.rl 27.77 miles
Sales Pnce S N/A Is 115000 Is 1i
PricpJGross L\viM Area S 74.30<tJls 81.68<tJ1 s ltJl ( <tJ1
Oata and/or INSPECTION MLS
Verification Sources COURTHOUSE PUBLIC RECORD
VALUE ADJUSTMENTS DESCRIPTlON DESCRIPTlON : +H$Adiust, DESCRIPTlON : +H$Adiust, OESCRIPTlON : .(-1$ Adiust
Sales or financing CONVENTION ,
Concessions NO REPORT . ,
Date of SalelTime 05/1412004 : : :
Location RURAL SIMILAR : : :
LeaseholdlFee SimDIe FEE SIMPLE FEE SIMPLE : : :
Sire 11,5AC 5.63 AC , .12000 , :
,
Vifffl VALLEY SIMILAR .
Desian and Aooeal 2 STORY 2 STORY , : ,
I Ouaitv of Consbucfion AVERAGE SIMILAR . :
Aoo 105 51+'- , , :
,
Condition AVERAGE SIMILAR : : :
Above Grade Total IBdrms: Baths Total :Bdrms: Baths : Total :Bdrmsl Baths I Total I Bdrmsl Both< I
Room CoUllt 6 , 3 I 0 5 I 3 I 1 : -1,000 I : , I :
,
Gross L\vina Area 1144 So. Ft. 1 408 Sn. Ft, : -2640 Sn, Ft.: So. Ft.: .
Basement & Finished 286=Partial FULL , -2.000 ,
UNFINISH UNFINISH ,
Rooms Below Grade ,
ftJnctionalUtmtv AVERAGE SIMILAR I : :
HeatinalCoo.na STOVE/NONE NONE/NONE : +500 I :
Ene,"v Efficient Items NONE NONE , : :
.
GaraoelCaroort NONE NONE I I :
PIlrch. Patio. Deck. PORCH,PORCH PORCH. PORCH : ,
RrP.lllacelsl. etc. NONE NONE , , ,
, ,
Fence Pool etc, NONE NONE : : :
NO , I I
,
Net Ad!. ttotaIl [)(J+ I I - IS 6860 1+ fl - I' n+ Tl- IS
Adjusted Sales Pnce Net 6.0 ~I Net %1 tiel %
of Comoarable Gross 15.8 % S 121860 Gross % S Gross % t
Date. Pnce and Data NONE NONE PER CPML
Source for pnor sales LAST 3 YRS LAST THREE YEARS
within vear ot anoraisal COURTHOUSE
eo".,..,nls:
Market Data Analysis 6-93
Form UA2.(AC) - 'TOTAL for Windows' appraisal software by a Ia roode. inc, -1-800-ALAMODE
Supplemental Addendum
IFileNoJGNJA34211 Pao, #51
Fi~ No JGNJA3421
Borrower/Client MARGARET L KELL
PronMv Address T300(BACK HOLLOW ROAD)
City BLAIN Countv PERRY State P A Zio Code 17006
Lender MARGARET L KELL
DUE TO INSUFFICiENT DATA THE 1 MILE AND 6 MONTHS GUIDELINES HAD TO BE EXCEEDED TO FIND GOOD
CLOSED SALES COMPS.
SALES OF DWELLINGS FOR CAMPSITES ARE LIMITED AND THE 25% GROSS ADJUSTMENT HAD TO BE EXCEEDED
ON THE DATE OF INSPECTION iT WAS NOTED THE SUBJECT FROM THE PUBLIC RECORD DID NOT HAVE
BATHROOM.
Form TADD - 'TOTAL for Windows' appraisal s<Jftware by a Ia mode, inc. -1-800-ALAMOOE
IIII~I~U, Jui~J"'J.ji II r'~i!.JJ
Subject Photo Page
I Borrower/Client MARGARET L KELL
I ProDertv Address nOO(BACK HOLLOW ROAD)
I City BLAIN County PERRY
,Lender MARGARET L KELL
SMe PA
ZiD Code 17006
J
i
i
Subject Front
nOO(BACK HOLLOW ROAD)
Sales Price N/A
Gross Living Area 1,144
T atal Rooms 6
Total Bedrooms 3
Total Bathrooms 0
Location RURAL
View VALLEY
S~e 11.5 AC
Quality AVERAGE
Age 105
SUbject Rear
Subject Street
Fmm PICPIX.SR - "TOIAL tm Windows" appraisal software by a la mode, lOe. - HOO,ALAMODE
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Subject Photo Page
) Borrower.'Client MARGARET L KELL
I Property Address nOO(BACK HOLLOW ROAD)
i City BLAIN CounIY PERRY
I Lender MARGARET L KELL
State PA
lrp Code 17006
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Subject REAR VIEW
nOO(BACK HOLLOW ROAD)
Sales Price N/A
Gross living Area 1,144
Total Rooms 6
T otlll Bedrooms 3
Tota) Bathrooms 0
Location RURAL
View VALLEY
S'e 115 AC
Quality AVERAGE
Age 105
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Subject REAR VIEW
Subject OUT HOUSE
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Comparable Photo Page
PERRY
State PA
ZioCode 17006
Comparable 1
249 KISTLER ROAD
Prox. to Subject 14_60 miles
Sa~ Price 112,000
Gross Living Area 1,446
T o1a\ Rooms 5
T atal Bedrooms 3
Total Bathrooms 1
location S I MILAR
View SIMILAR
Srte 4 25 AC
Quality SIMILAR
Age 50+/-
Comparable 2
RR 1 BOX 118
Prox_ to Subject
Sale Price
Gross Living Area
TatnlRoum::>
Total Bedrooms
T o1a\ Bathrooms
Location
View
Srte
Quality
Age
9 68 miles
84,000
1,318
6
3
15
SIMILAR
SIMILAR
2.57 AC
SIMILAR
115
Comparable 3
265 LANDISBURG ROAD
Prox. to Subject 17, 15 miles
Sale Price 87,900
Gross living Area 1,050
Total Rooms 8
Total Bedrooms 3
Total Bathrooms 1
location SIMILAR
View SIMILAR
Srte 8 43 AC
Quality SIMILAR
Age 51+1-
form PICPIX.CR - "TOTAL tor Windows" appraisal software by d la mode, Int. - 1-800-ALAMODE
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Comparable Photo Page
BorrowerlClient MARGARET L KELL
Prooertv Address T300lBACK HOLLOW ROADl
Citv BLAIN Countv PERRY Stale PA liD Code 17006
Lender MARGARET L KELL
1'1'''
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Comparable 4
2620 POLLYANNA ROAD
Pro,. to Subject 27.77 miles
Sale Price 115,000
Gross Living Area 1,408
Total Rooms 5
Total Bedrooms 3
Total Bathrooms 1
Location SIMILAR
View SIMILAR
Site 5.63 AC
Quality SIMILAR
Age 51+/-
Comparable 5
Pro,. to Subject
Sale Price
Gross Living Area
Total Rooms
Total Bedrooms
Total Bathrooms
Location
View
Sde
Quality
Age
Comparable 6
Pro,. to Subject
Sale Price
Gross Living Area
Total Rooms
Total Bedrooms
Total Bathrooms
Location
View
Site
Ouaiily
Age
Form PICPIKCR - 'TOTAL for Windows' appraisal software by a Ia mode, inc. -l-BOO-ALAMOOE
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Location Map
Borrowe,'C6enl MARGARET L KELL
Pro"""" Address T300lBACK HOLLOW ROADl
Citv BLAIN Countv PERRY State PA Zio Code 17006
Lender MARGARET L KELL
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Flood Map
Borrower/CUenl MARGARET L KELL
Pro"""" Address T300lBACK HOLLOW ROAD'
Cm, BLAIN Co,'''''' PERRY S1aIe PA Zin Code 17006
Lender MARGARET L KELL
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Prepared for:
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T30Q(BACK HOLLOW ROAD)
BLAIN, PA 17006
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Form MAP.FLOOD - 'TOTAL for Windows' appraisal software by a Ia mode, inc_ -1.BOQ.ALAMODE
It-lie No JlJNJAJ4L 11 Pace :# 1 :3\
DEfiNITION Of MARKET VALUE: The most probable price which a property should bring in a competitive and open market under aU conditions
requiSire to a fair sale, 1l1e buyer and seier, each acting Pruder1llt, koowledgeably and asslllling 1l1e price is not affected by undue stimulus. ImplieD in this
definition is 1l1e consummation of a sale as of a specnied date and 1l1e passing of title from seller to buyer under conditions whereby: (1) buyer and seller are
Iypicaily motivated; (2) both parties are wen imonmed or weU advised, and each acting in what he considers his own best interest; (S) a neasonable time is allowed
for exposure in 1l1e open market; (4) paymeri is made in terms of cash in U.S. doBars or in terms of financial anangemeris comparable \hereto; and (5) 1l1e price
represents 1l1e normal consideration for 1l1e property sold unaffected by special or creative financing or sales concessions' granted by anyone associated with
1l1e sale.
'Adjustments to 1l1e comparables must be made for special or creative financing or sales concessions. No adjustments are neeess"",
for those costs which are normally paid by seilers as a resun of tradition or law in a market area; 1l1ese costs are readily identifiable
since 1l1e seller pays 1l1ese costs in virtuaDy aD sales transactions. Speciai or creative financing adjustments can be made to 1l1e
comparable property by comparisons to financing terms offered by a third pariIy inslilulionai lender thai is not already involved in the
property or transaction. Any adjustment should not be calculated on a mechanicai dollar tor doilar cost of the financing or concession
but the dolar amount of any adjustment should approldmate the mar1<el's reaction to the financing or concessions based on the
appraiser's judgement.
STATEMENT OF LIMITING CONDITIONS AND APPRAISER'S CERTIFICATION
CONTINGENT AND LIMITING CONDITIONS: The appraiser's cerfitication thai appears in the appraisal report is subject to the following
conditions :
1. The appraiser win not be responsible tor matters of a Iegai nature thai affect either 1l1e property being appraised or the title to U. The appraiser assumes thai
the title is good and marketable and, theretore, wiU not render any opilions about the title. The property is appraised on the basis of D being under responsible
ownership.
2. The appraiser has provided a sketch in the appraisal report to show approldmate dimensions of 1l1e improvements and the sketch is included only to assist
the reader of the report in visuaJiZlng 1l1e property and understanding the appraiser's determination of Us size.
3. The appraiser has examined the available flood maps thai are provided by the Federai Emergency Management Agency (or other data sources) and has noted
in 1l1e appraisal report whether the subject sire is located in an identified Special Rood Hazard Area. Because the appraiser is not a surveyor, he or she makes
no guarartees, express or implied, regarding this determination.
4. The appraiser wm not give testimony or appear in court because he or she made an appraisal of the property in question, unless specnic arrangements to do
so have been made beforehand.
5. The appraiser has estimated the value of the land in the cost approach at Us highest and best use and 1l1e improvements at their contributory value. These
separate valuations of the land and improvements must not be used in conjunction with any other appraisal and are invalid n they are so used.
6. The appraiser has noted in the appraisal report any adverse conditions (such as, needed repairs, depreciation, the presence of hazardous wastes, tollie
substances, etc.) observed dlling the inspection of the subject property or thai he or she became aware of during the normal research involved in pertorming
the appraisal. Unless otherNise stated in the appraisal report, 1l1e appraiser has no koowledge of any hiIlden or unapparent conditions of 1l1e property or
adverse environmerial conditions ~ncluding the presence of hazardous wastes, toldc substances, etc.) thai would make the property more or less vaiuable, and
has assumed thai 1l1ere are no such conditions and makes no guarartees or warraJties, express or implied, regarding the condition of the property. The
appraiser wiD not be responsible for any such conditions thai do eldst or for any engineering or testing thai might be required to discover whether such
conditions, eJdst. Because the appraiser is not an expert in 1l1e field of environmerial hazards, the appraisal report must not be considered as an
environmeriai assessmeri of 1l1e property.
7. The appraiser obtained the intormation, estimates, and opiniOns thai were expressed in the appraisal report 110m sources thai he or she considers to be
reliable and believes them to be true and correct. The appraiser does not assume responsibility for the accuracy of such Uems thai were furnished by other
parties.
B. The appraiser wiU not disclose the contents of the appraisat report except as provided for in the UnUorm Standards of Professionai Appraisai Practice.
9. The appraiser has based his or her appraisai report and valuation conclusion tor an appraisal thai is subject to satisfactory completion, repairs, or
alterations on the assumption thai completion of the improvements will be pertonmed in a workmanlike manner.
10. The appraiser must provide his or her prior written consent betore 1l1e Iender/cient specified in the appraisai report can distribute the appraisai report
(including concllsions about 1l1e property value, the appraiser's identify and professionai designations, and references to any professional appraisai
organizations or 1l1e firm with which the appraiser is associated) to anyone other than 1l1e borrower; the mortgagee or Us successors and assigns; the mortgage
insurer; consoltanls; professional appraisai organizations; any state or federaily approved flnanciai institution; or any department, agency, or instrumentaJity
of the UnUed Stales or any state or 1l1e District of Columbia; except that the lender/client may distribute the property description section of the report only to data
coJJec1ion or reporting service(s) without having to obtain the appraiser's prior wrUien consent. The appraiser's wrUien consent and approval must also
be obtained before the appraisai can be conveyed by anyone to the public through advertising, pubUc reiations, news, sales, or other media.
Freddie Mac Form 4Sg 6-!l3
Page1of2
Fannie Mae Form 1oo4B 6-!l3
Robert D. Hower
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if-lie IIlO, Jl:iNJAJ4t 11 I-'aae * 141
APPRAISER'S CERTIFICATION: The Appraiser certifies and agrees that:
1. I have researched ll1e subject mat1<et area and have selected a minimum of three recent sales of properties most similar and pro~mate to ll1e subject property
lor consideration in ll1e sales comparison analysis and have made a dollar adjustment when appropriate to reflect ll1e mar1<el reaction to those items of significant
variation. ~ a significant item in a comparab~ property is supelior to, or more favorab~ lt1ar1, ll1e subject property, I have made a negative adjustment to reduce
ll1e adjusted sales price of ll1e cornparab~ and, W a significant irem in a comparab~ property is imoriar to, or ~s favorab~ lt1ar1ll1e subject property, I have made
a positive adjustment to increase ll1e adjusted _ price of the comparab~.
2. I have taken into consideration the factors that have an impact on value in my development of the estimate of mar1<el value in the appraisal report. I have not
knowing~ wWhheld any significant imormation from ll1e appraisal report and I believe, ID the best 01 my ~dge, that all stalemerls and intormation in ll1e
appraisal report are true and correct.
3. I stated in the appraisal report only my own personal, unbiased, and pratessional analysis, opinions, and conclusions, which are subject only to the coriingent
and Ilmi1lng condlllons spee~ hlthls form.
4. I have no present or prospective interest in the property that is the subject to this report, and I have no present or prospective personal interest or bias with
respect to ll1e participants in ll1e transaction. I did not base, either partially or completely, my analysis amVOIll1e estimate of mar1<el value hlll1e appraisal report
on the race, coklr. religion, sex, handicap, familial status, or national origin 01 either the prospective owners or occupants 01 the subject property or 01ll1e present
owners or occupants of the properties in the vicinity of the subject property.
5. I have no present 01 contemplated tutllll interest In the subject property, and neither my current 01 ,utlIll ernpkJyment nor my compensation tOT pertorming this
appraisal is contingent on the appraised value of the property.
6. I was not required to report a predetermined value or direction In value that favors the cause of the client or any related party, the amount 01ll1e value estimate,
ll1e atIaimlert 01 a speeific resull, 01 the OCClJlence 01 a subseq1Ent event hl Older ID receive my compensation amVor employment for pertorming the appraisal. I
did not base the appraisal report on a requested minimum valuation, a speeWic valuation, or ll1e need to approve a speedic mortgage klan.
7. I pertormed this appraisal in conformity with the UnWorm Standards of Professional Appraisal Practice that were adopted and promulgated by ll1e Appraisal
Standards Board of The Appraisal Foundation and that were in place as of the elfectlve date of this appraisal, with the exception of ll1e departure provision 01 those
Standards, which does not app~. I acknow~dge that an estimate of a reasonab~ time tor elflJOSure in ll1e open market is a condition in the detlnition of mar1<el value
and the estimate I deveklped is consistent with the marketing time noted in the neighborhood section of this report, un~s I have otherwise stated In the
reconciialion section.
B. I have personal~ inspected the interior and elderior areas of the subject property and ll1e exterior of aU properties lislod as cmnparab~ hlll1e appraisal report.
I further certify that I have noted any apparent or known adverse conditions in ll1e subject improvements, on the subject sire, or on any sire wdhin ll1e immediate
vicinity of the subject property of which I am aware and have made adjustments tOl these adverse conditions in my analysis 01 the property value to ll1e eldent that
I had mar1<el evidence to support them. I have also commented aboa the effect of the adverse conditions on the marketability of the subject property.
9. I perso~ prepared all conclusions and opinions about the real estate that were set forth in the appraisal report. ~ I relied on signdlcant professional
assislane. from any individual OT hldividuals in ll1e pertorrnance of ll1e appraisal or the preparation of the appraisal report, I have named such individual(s) and
dlscklsed the specWic tasks pertorrned by them in the reconciliation section of this appraisal report. I certify that any individual so named is qualified to pertorm
ll1e tasks. I have not authorized anyone to make a chang' to any item in ll1e report; theretore, W an unauthorized chang. is made to the appraisal report, I will take
no responsibility for iI.
SUPERVISORY APPRAISER'S CERTIFICATION: ~ a superviSOry appraiser signed the appraisal report, he or she certifies and agrees that:
I directiy supervise the appraiser who prepared the appraisal report, have reviewed the appraisal report, agree with ll1e stalements and concmions of the appraiser,
agree to be bound by the appraiser's certifications numbered 4 tlYough 7 above, and am tOOng full responsibility for the appraisal and ll1e appraisal report.
ADORESS OF PROPERTY APPRAISED: T300(BACK HOLLOW ROAD), BLAIN, PA 17006
SUPERVISORY APPRAISER (only II required):
Sig~re: ~ {l /1
Name: RO OW P
Oare Signet!: March Ot, 2005
State Certification #: RL-3303
or State License #:
state: PA
Expiration Oate of Certification or License: 6/30/05
APPRAISER:
~:"'~O~~~DHO:e~JO~~, Assist
Oate Signed: March 01, 2005
State Certification #: Assist to RL-3303
or State License #:
stale: PA
Expiration Oate of Certification or License:
~Old
o Did Not Inspect Property
Page2of2
Fannie Mae Form 10048 6-93
heddi. Mac Form 439 6-93
Form ACR - "TOTAL for Windows' appraisal software by a Ia mode, inc. -l-800-ALAMOOE
IFileNo JGNJA34211 Paae#151
MULTI-PURPOSE SUPPLEMENTAL ADDENDUM
FOR FEDERALLY RELATED TRANSACTIONS
Robert D. Hower
Borrower/Client MARGARET L KELL
Prooertv Address T3DOIBACK HOLLOW ROAD)
City BLAIN County PERRY State P A Zio Code 17006
lender MARGARET L KELL
This MuW-Purpose Supplemental Addendum far Federally Related Transaclians was designed to provide the appraiser with a convenient way to comply with the current
appraisal standards and requirements of the Federal Depesn Insurance Corporation (FDIC), the Office of the Compbol~r of Currency (DCC), The Office of Thrift
SupelVislon (OTS), the Resolutian Trust Corporation (RTC), and the Federal ReselVe.
This Multi-Purpose Supplemental Addendum is lor use with an, appraisal. Onl, those
statements which have been checked b, the appraiser appl, to the property being appraised.
[8J PURPOSE & FUNCTION OF APPRAISAL
The purpose of the appraisal is to estimate the market value of the subject property as defined herein. The function of the appraisal Is to assist the above-named
lender in evaluating the subject property far ~nding purposes. This is a federally related transaclion.
[8J EXTENT OF APPRAISAL PROCESS
[8J The appraisal is based an the intormation gathered by the appraiser from pUblic records, other idenlttled sources, inspection of the subject property and
neighbortlood, and selectian of comparab~ sa~ within the subject marl<ef area. The onginal sOlJ(ce of the comparab~ is sMwn in the Data Source section
of the marI<ef gnd along with the source of contirmatian, "availab~. The original source is presented first. The sources and data are considered reliab~.
When contlicling information was provided, the source deemed most reliab~ has been used. Data believed \0 be unreliab~ was rot included in the repert nor
used as a basis fO/ the value conclusion.
[8J The Reproduction Cost is based on MARSHALL & SWIFT REPRODUCTION COST
supplemenled by the appraiser's know~ge of the local marI<ef.
[8J Physical depreciation is based an the estimated effective age of the subject property. Functional and/or eaternal depreciation, " present, is spec"ically
addressed in the appraisal repert or other addenda. In estimating the s"' value, the appraiser has relied on personal know~dge of the local marl<ef. This
know~ge is based on pnor and/or cUlTllnt analysis of s", sa~ and!O/ abstraction of sire values from sa~ of improved properties.
[8J The subject property is located in an area of primarily owner-occupied sing~ family residences and the Income Approach is rot considered to be meaningful.
For !lis reason, the Income Approach was rot used.
0 The Estimated Market R.nt and Gross Rent MuWplier uliliz.d in the Income Approach are based on the appraiser's know~dge of the subject markef area.
The rental know~dge is based on prior and/or current rental rate sUlVeyS of residential properties. The Gross Rent MuWplier is based on prior and/or current
analysis of pnces and markef rates for residential properties.
D For income producing properties, ac\uaI rents, vacancies and expenses have been reperted and analyzed. They have been used to project future rents,
vacancies and expenses.
[8J SUBJECT PROPERTY OFFERING INFORMATION
According to PUBLIC RECORD the subject property:
[8J has rot been ~ fors~ in the past: o 30 days o 1 year [8J 3 years.
D Is currently offered for s~ for $
D was offered for s~ within the past: 0 30 days o 1 year 0 3 years for $
D Off.nag intormation was considered in the final reconciliation of value.
o Offenng information was rot considered in the final reconciliation of value.
D 'Offenng intormation was rot availab~. The reasons for unavailability and the steps taken by the appraiser are explained later in this addendum.
[8J SALES HISTORY OF SUBJECT PROPERTY
AccO/ding to THE COURTHOUSE RECORDS the subject property:
[8J Has rot transferred D in the past twelve months. D In the past tNrty-six months. [8J in the past 5 years.
D Has transferred D in the past twelve months. D in the past thirty-six months. D in the past 5 years.
D Ai pnor s~ which have occurred in the past are listed beknv and reconci~d to the appraised value, etther in the body of the repert or in the addenda.
Dat. Sal.. Price Docu..nt # So'Ie. B_.
~ FEMA FLOOD HAZARD GATA
[8J Subject property is rot located In a FEMA Special Flood Hazard Area.
D Subject property ~ in a FEMA Special Flood Hazard Area.
Zon. FEMA MaplPanel # Map Date MaDle of COll1munlty
C 4219590015B 9/4/85 TOBOYNE TOWNSHiP-PERRY COUNTY
D The communtty does rot participate in the National Flood Insurance Program.
[8J The communtty does DarticiDate in the National Flood Insurance Program.
D n is covered by a reguW program.
[8J ~ is covered by an emergency program.
Page 1 of 2
Form MPA3 - 'TOTAL for Windows' appraisai software by a Ia mode, inc. - 1-800-ALAMODE
IHle NO. JGNJAJ4fl! Paoe #161
~ CURRENT SALES CONTRACT
~ The swject property is cUlreIllIy oot llllder conlJact.
0 The comact and/or escrow instructions were oot available for review. The ooavailabi/ffy of the comact is explained later in the addenda section.
0 The comact and/or escrow instructions were reviewed. The following summarizes the contract:
I Controct - ........et Date Contract Prle. Sell.r I
0 The comact indicated that personai property was oot illCluded in the sale.
0 The contract indicated that personai property was illCiJded. l consisted of
0 Estimated contributory value is $
Personai property was oot illCluded in the final value estimate.
0 Personai property was illCkated in the finai value estimate.
0 The contract indicated no tinaocing concessions OJ other incentives.
0 The contract indicated the following concessions or incentives:
0 ff cOlICessions or illCenlives e~st, the comparables were checked for similar cOlICessions and appropnate adjustments were made, tt appUcable, so
that the finai value cOlIClusion Is in compline with the Market Value defined herein.
~ MARKET OVERVIEW Include In expllll1lllon .......'" mlrkel oondIIlono Ind 'rendo.
3-6 months is considered a reasonable marketing peflod for the swject property based on MULTI-LIST RECORDS
~ ADDITIONAL CERTIFICATION
The Appraiser certifies and agrees that:
(11 The analyses. opWions and COllClusions were devekJped, and this report was prepared, in cOnformity with the Unfform Standards of Professional
Appraisal Practice ('IJSPAP'), except that the Departure Provision of the USPAP does oot apply.
(2) 1OO;r compensation is oot contingent upon the reporting of predefermined value or direction in value that favors the cause of the cient, the amount
of the value estimate, the attainment of a stipulated result. or the occurrellCe of a subsequent event.
(3) This appraisal assignment was oot based on a requested minimum vakJafion, a specttk: vaJua1ion. or the approval of a loan.
~ ADDITIONAL (ENVIRONMENTAL) LIMITING CONDITIONS
The value estimated is based on the assumption that the property is oot negatively affected by the e~stellCe of hazardous subsfOllCes or defrtmental
environmental conditions unless otherwise stated in this report. The appraiser is oot an expert in the identttication of hazardous subsfnes or defrtmental
environmental conditions. The appraiser's routine inspection of and inquines about the subject property did oot develop any information that indicated
any apparel1t sigMicanl hazardous subsfOllCes or detrimental "",iroomental conditions which wotid affect the property negatively unless otherwise stated
in this report. l is possible that tests and inspeclions made by a qualttied hazardous subsfOllCe and environmental expert would reveai the e~lICe of
hazardous subsfOllCes or detrimental environmental conditions on or around the property that would negatively affect its value.
0 ADDITIONAL COMMENTS
~ APPRAISER'S SIGNATURE & LICENSE/CERTIFICATION
Appraiser's Si9~~ 13 (2~ Effective Date 02121/05 Date Prepared March 01 , 2005
AWaiser's Name (pnnt) Robert D Hower/John B Anstine, Assist Phone # 717-436-8200
State PA o License ~ Certification # Assist to RL-3303 Tax 10 #
~ CO-SIGNING APPRAISER'S CERTIFICATION
~ The co-signing appraiser has personaiIY inspected the subject property, both inside and out. and has made an OlC1erior inspection of aU comparable sales
"sled in the report. The report was prepared by the appraiser under direct supervision of the co-signing appraiser. The co-signing appraiser aocepts
responsibiltty for the contents of the report IlICludlng the value COlIC Ius ions and the limiting conditions, and confirms that the certfficalions apply
luIIy to the co-signing appraiser.
0 The co-signing appraiser has oot personally inspected the interior of the subject property and:
0 bas oot inspected the eatertor of the subject property and all comparable sales listed in the report.
0 has insoected the eatertor of the subject property and all comparable sales listed in the report.
~ The report was prepared by the appraiser under direct supervision of the co-signing appraiser. The co-signing appraiser accepts responsibiltty for the
contents of the report, illCluding the vaiue cOlIClusions and the Umiting conditions, and confirms that the certilications apply fully to the co-signing
appraiser with the e",eption of the certfflcation rogarding physicai inspeclions. The above describes the level of inspection pertormed by the
co-signing appraiser.
0 The co-signing appraiser's Ievei of inspeclion, invo~ement in the appraisal process and certfficalion are covered e~ewhere in the addenda section
of this appraisal.
~ CO-SIGNING APPRAISER'S SIGNATURE & LICENSE/CERTIFICATION
Co-Signi~ '"" /J Ii- Effective Date 02121/05 Date Prepared March 01 ,2005
ApprOlser s Sig
Co-Signing Appr er's Name (print) ROBERT D HOWER Phone # 717-436-8200
stare PA o License ~ Certttk:ation # RL-3303 Tax 10 # 25-1813743
Page 20f 2
Form MPA3 - 'TOTAL lor Windows' appraisal software by a Ia mode, illC. -1-800-ALAMODE
Borrower/Client MARGARET L KELL Fi~ No. JGNJA3422
Prooertv Address T3101090 175.00-028.000\: T310 {090 175.00-029000 SEE ADDENDUM FOR VALUE OF 2.75 ACRE PLOT
Citv BLAIN Counlv PERRY State PA lio Code 17006
lender MARGARET l KElL
TABLE OF CONTENTS
Surrmary of Saienl ~atures ............................................................................................................................................................................
................. 1
Invoice ...............................................................................................................................................................................................
............................... 2
Land...................................................................................................................................................................................................
..............................3
Additional Col1llM3b~ 4-6 .............................................................................................................................................................................
................. 4
SubjectPholos..........................................................................................................................................................................................
........................5
Subject Photos ........................................................................................................................................................................................
.......................... 6
Location Map ..........................................................................................................................................................................................
.......................... 7
lbod Map ..............................................................................................................................................................................................
........................... 8
==:;~~.e~~:...:.::::::::.::.::.:~~::.:::::.::.:::.:~:::.:~:.::.:::.:::::::::::::~:.::~::::..::..::.:::.::.::.::~::..::.::.:::.::::::.:::.:~:.::.::::::.:::.:~~::.:::::.:::::.:::.::: !~
General T ex! Addendum ................................................................................................................................................................................
..................... 14
Form TOCP - 'TOTAL for Windows' appraisal software by ala roode, inc. -1-8OQ-ALAMOOE
Subject Address
legal Description
City
Counly
state
lip Code
Census Tract
Map Reference
Sale Price
Date of Sale
Borrower / CUen!
lender
Size (Square """)
Price per Square Foot
location
Age
Condition
T ofaI Rooms
Bedrooms
Baths
Appraiser
Date of Appraised Value
final Estimate of Value
1RIiN0000JA34ul faa. #1\
SUMMARY OF SALIENT FEATURES
T310(Q90,175.00-028.000); T310 (090,175.Q()-()29.000 SEE ADDENDUM FOR VALL
PART 209-375
BLAIN
PERRY
PA
17006
030602
090,175-29/28
$ N/A
N/A
MARGARET l KELl
MARGARET L KELL
$
VERY RURAL
Robert D Hower/John B Anstine, Assist
02121/05
$ 27,000
form SSD - 'TOTAL for Windows' appraisal software by a Ia mode, inc. -1-800-ALAMODE
[file No JGNJA34221 Paue #21
FROM: INVOICE
Robert 0 Hower
Robert D Hower & Assoc INVOICE NUMBER
23 Industrial Circle JGNJA3422
Mifflintown, PA 17059 DATE
02/22/05
Telephone Number. 717-436-8200 Fu Number. 7174368205
REFERENCE
I TO: IntemAl Order ff: JGNJA3422
MARGARET L KELL Lender taM #: JGNJA3422
4 VILLAGE ROAD CllentFIleff:
CAMP HILL, PA 17011 JGNJA3422
Mlln File" on form: JGNJA3422
Other File" on form:
ToIephone Number. FIx Number: Fedelll T IX 10: 25-1813743
Aaernate Number. E-MIII: Employer ID:
DESCRIPTION
Lender: MARGARET L KELL Client: MARGARET L KELL
Purohaser/Borrower: MARGARET L KELL
Property Address: 1310(090,17500-028.000); 1310 (090,175.00-029.000 SEE ADDENDUM FOR VALUE OF 2.75 ACRE PLOT
City: BLAIN
County: PERRY Slale: PA Zip: 17006
Legal Descrtpllon: PART 209-375
FEES AMOUNT
LAND APPRAISAL 200.00
SUBTOTAL 200.00
:
PAYMENTS AMOUNT
Check II: Date: Descrtplion: :
Check #: Date: Description:
Check #: Dale: Descrtpllon:
SUBTOTAL i
TOTAL DUE Is 200.00
form NIVS - 'TOTAL for Windows' appraisal softWare by a Ia mode, inc. -1-800-ALAMOOE
D...hort n Ur."....r
LAND APPRAISAL REPORT
lRieN.. JGNJA34iil Paae #3\
Borrower MARGARET L KELL
Property Address T310 090 175.00-028.000' T310
_ City BLAIN
Legal Description PART 209-375
Sa~ Price $ N/A Date at Sa~ N/A Loan Term N/A yrs. Property Rights Appraised [8J Fee 0 Leaseoold 0 De Minimis PU
Actual Real Estate Taxes $ 217.81 (yr) Loan charges 10 be paid by seiler $ N/A Other sa~s concessions NONE
lender/Client MARGARET L KELl Address 4 VILLAGE ROAD CAMP HILL PA 17011
Occupant VACANT Appraiser Robert D Hower/John B Anst Instructions 10 Appraiser APPRAISE LOT ADDITiON AS OF 02/21/05
fi~ No. JGNJA3422
Census Tract 030602 Map Reterence 090 175-29/28
09017500-029.000 SEE ADDENDUM FOR VALUE OF 2.75 ACRE PLOT
County PERRY State PA Zip Code 17006
location
Bui~ Up
Growth Rate
Property Values
Demand!Supp~
Marketing Time
Present Land Use
Predominant Occupancy
Sing~ fami~ Price Range
Sing~ famJ~ Age
Urban Suburban Rural
o Over 75% [8J 25% 1075% 0 Undet 25%
o ful~ Dev. 0 Rapid [8J steady 0 Slow
o increasing [8J Stab~ 0 Declining
o Soortage [8J In Balance 0 Oversupp~
o Under 3 Mos. [8J 4-6 Mos. 0 Over 6 Mos.
90% 1 fami~ --.?% 2-4 fami~ ..--!.% Apts. _% Condo..--!.% CommerCial
1~, Industrial 5% Vacant %
Change in Present land Use t8J Nat Like~ -0 Like~ (')
(') from To
t8J OWner 0 Tenant --2-% Vacant
$ 45,000 to $ 175,000 Predominant Value $ 92,000
--1- yrs. to~ yrs. Predominant Age 45 yrs.
o Taking Place ('I
Employment SlabifJ\y
Convenience to Employment
Convenience to Soopping
Convenience to ScOOo~
Adequacy at Public Transportation
Recreational facilities
Adequacy at Utilmes
Property Compatibility
Pratection from Detrimental Condmons
Polioe and fire Protection
General Appearance at Properties
Appeal 10 Market
Good Avg. fair Poor
0t8J00
0t8J00
0t8J00
0t8J00
000t8J
Ot8JDD
Dt8JDD
Dt8JDD
Dt8JDD
Dt8JDD
Dt8JDD
Dt8JDD
Comments including those factors, favorab~ or unfavorable, affecting marketability (e.9. pUblic parks, scOOo~, view, noise):ALL SHOPPING WORK CENTERS AND
SCHOOLS ARE WITHIN ACCEPTABLE PROXIMITY TO THE SUBJECT. THE SITE BEING APPRAISED APPEARS TO HAVE NO
UNFAVORABLE FACTORS.
Dimensions SEE ATTACHED DEED
Zoning classdication AGRICULTURAL
Highest and best use t8J Present use D Other s
Public Other (Describe) Off SITE IMPROVEMENTS Topo GRADUAL SLOPE-5 % SLOPE
D NOT Available Street Access D Public [8J Private Size TYPICAL FOR AREA
D BOTTLED Surtace DIRT Shape RECTANGULAR
o NONE Maintenance 0 Public D Private View VALLEY
D NONE D Slorm Sewer D Curb/Gutter Drainage APPARENTLY ADEQUATE
D Underground Elect. & Tel. Sidewalk Street Li hts Iolhe properly Ioc'ted in' HUD IdentWIedSpecial flood HlIZlIrdAm? [8J NoD v..
Comments (favorable Qf unfavorable including any a\lPilr~nt lill'lefSe easements, encroacnments. or otner adverse conctmons): THERE APPEARS TO BE NO
ENVIRONMENTAL CONDITIONS PRESENT OR ADVERSE EASEMENTS ENCROACHMENTS OR OTHER ADVERSE CONDITIONS
8.6 Sq. ft or Acres Corner Lat
Present Improvements [8J do D do not contorm to zoning regulations
The undersigned has recited tI1ree recent sales of properties most Similar and proximate to subject and has considered these in the market analysis. The description includes a dollar
adjustment reflecting market reaction to those rtems of significant variation between the subject and comparable properties. If a significant rtem in the comparable property is superior
to Of mort fa~orabli! th,m \hi! subject property. a minus (.) adjustment is made tI1us reducing the indicated value of subject if a significant item in the comparable is inferior to
or less
favorab~ fflan the subject property, a plus (+) adjustment is made thus increasing the indicated vaiue at the subject.
ITEM SUBJECT PROPERTY COMPARABLE NO.1 COMPARABLE NO.2
Address 1310(090,175.00-028.000); T31 LOT 6 SUGAR RUN RD LOT 3 UPPER BAtLEY ROAD
BLAIN MILLERSTOWN PA 17062 NEWPORT PA 17074
Pro~m' to Sub'ect 26.99 miles 20.39 miles
Sales Price N/A 40 000
Price PER ACRE 3 846
Data Source MLS-PUBLlC RECORD
Date at Sale and DESCRIPTION DESCRIPTION + -
Time Adjustment N/A 04/30/03
Location VERY RURAL RURAL
Sd Jew 86 ACNALLEY 10A ACNALLEY
WATER/SEWER NONE/NONE NONE/PERC
ROAD fRONTAGE NONE NONE
ELECTRIC NOT AVAILABLE AVAILABLE
EXTRAS NONE NONE
Sa~s or financing NONE
Concessions
COMPARABLE NO.3
LOT 1 DENVER HOLLOW RD
MILLERSTOWN PA 17062
18.61 miles
17910
3348
47 500
4750
-5000
-4 000
-500
-5000
+7000
MLS-PUBLlC RECORD
Must DESCRIPTION + -
11/09/04
RURAL
10.0AC
NONEIYES
NONE
-2500 AVAILABLE
NONE
Must.
MLS-PUBLlC RECORD
Must, DESCRIPTION + -
11/14/03
RURAL
5.35 ACNALLEY
NONE/NONE
NONE
-2500 AVAILABLE
NONE
-5000
-4 000
-500
-2500
NetAd. atai +
Indicated Value
at Subfect Net 30_0 % 28 000 Net 2_8 % $
Comments on Market Data: THE COMPS WERE OBTAINED FROM THE MIJ MLS AND THE CPMLS.
SUBJECT ACCORDING TO MARKET ACTIONS.
500
12000
17410 Net 25.3 % $ 35500
ALL DATA WAS ADJUSTED TO THE
Comments and CondtliOns at Appraisal: SMALL TRACTS OF VACANT WOODED LAND SALES ARE LIMITED. ALL COMPARABLES ARE CLOSED
SALES WITHIN THE LAST YEAR AND THE MOST SIMILAR IN SIZE UTILITY AND LOCATION TO THE SUBJECT. ALL ADJUSTMENTS
WERE MADE TO THE SUBJECT. ALL COMPARABLES WERE WEIGHED EQUALLY TO DETERMINE A VALUE PER ACRE
final Reconciliation: ALL COMPARABLES WERE WEIGHED EQUALLY TO DETERMINE A VALUE PER ACRE. THE WEIGHTED AVERAGE
PRICE PER ACRE FOR THE 3 COM PARABLES IS SET ON THIS DATE OF INSPECTION TO BE $3 200 PER ACRE X 8.6 AC' $27 520
FOR VALUE OF SUBJECT. THE VALUE OF THE STANDING TIMBER WAS NOT CONSIDERED.
I ESTIMATE THE MARkET VALUE, AS DEFINED, OF SUBJEct" PROPE 02/21/05 to be $ 27 000
C"
,;- _I
[8J Did
D Did Not Physically Inspect Property
Robert D. Hower
form lNO - 'TOTAL tor Windows' appraisal sattware by a Ia mode, inc. -1-800-ALAMODE
LAND APPRAISAL REPORT
MARKET DATA ANALYSIS
IFlle Na JGNJA342ifP.0e#4\
Fi~ Na. JGNJA3422
COMPARABLE NO. 6
ITEM SUBJECT PROPERTY
Address T310(090, 175.()()'{)28.000); T3H RR 1
BLAIN EAST WATERFORD PA 17021
Praxi to Sub'ect
Sales Price
Price PER ACRE
Oata Saurce
Oate at sale and
lime Musbnenl
Locatian
S. lew
WA TEPJSEWER
ROAO FRO~AGE
ElECTRIC
EXTRAS
Sales or Financing
Cancessians
NeiM.
Indicated Value
at Sul,.ect Net 2,' ~ 24 000 Net ~
Comments: COMP #4 WAS ADDED TO SUPPORT THE FAIR ESTIMATED VALUE FROM COMPS 1 23.
COMPARABLE NO.4
COMPARABLE NO.5
NIA
23 500
4273
MLS-PUBUC RECORD
OESCRIPliON + -
09/08/04
SIMILAR
5.5 ACNALLEY
NONE/PERC
YES
YES
NONE
DESCRIPliON
N/A
VERY RURAL
8.6 ACNALLEY
NONE/NONE
NONE
NOT AVAILABLE
NONE
NONE
Must.
DESCRlPliON
Must.
DESCRIPliON + -
Must.
+-
+6 000
-500
-2500
-2500
500
+
Net ~
RobeII D. Hower
Farm LND.(AC) - 'TOTAL far Windows' appraisal software by a Ia made, ire. -l-800-ALAMODE
If lie Nil. JGNJA34111 Paq, #"1
Subject Photo Page
~6olluwerClienl MARGARET L KELL ~
I Property Address 1310(090.175 00-028000), 1310 (090,175.00-029 000 SEE ADDENDUM FOR VALUE OF 2 75 ACRE PLOT =.J
i Grtv BLAIN County PERRY State PA lip Code 17006 I
I Lender MARGARET L KELL I
Subject Front
T310(090,175 00-028 000): 1310 (090,17500-[
Sales Price N/A
Gross living Area
Total Rooms
Total Bedrooms
Total Bathrooms
Location
View
SITe
Quality
Age
VERY RURAL
86 ACNALLEY
I
'~.,~ ,~
'0'> ""''\.c
-, #JI '.,
..--
" '7-'_
Subject Rear
-"'.
\
-~
~
Subject Street
form PICPIXSR - ''TOTAL for Windows' appraisal software by a la mode, inC. - 1-800-ALAMOOE
IFile No JGNJA34221 Paoe #1;1
Subject Photo Page
Borrowe;i"cnent MARGARET L KELL
Pr;;;;;;Address T31Q1090 175.00-028.000\: T310 1090175.00-029.000 SEE ADDENDUM FOR VALUE OF 2.75 ACRE PLOT
C"" BLAIN Counlv PERRY SIaIe PA Iio Code 17006
lender MARGARET L KELL
Subject RIGHT -A-WAY LANE
T310(090,175.00-028.000); 1310 (090,175.00-<
Sales Price N/A
Gross UvilY,l Area
Total Rooms
Total Bedrooms
Total Bathrooms
Location VERY RURAL
View 8.6 ACNALLEY
Site
Quality
Age
Subject Rear
Subject Street
Form PfCPIX.SR - 'TOTAL for Windows' appraisal software by a Ia mode. inc. -1-BOO-ALAMOOE
Borrower/Client MARGARET L KELL
Prooertv Address T3101090 175.00-028.000): T310 1090175.00-029.000 SEE ADDENDUM FOR VALUE OF 2.75 ACRE PLOT
Citv BLAIN Countv PERRY State PA Zln Code 17006
Lender MARGARET L KELL
Location Map
IFliiNo-JGNJA34221Paoe#71
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Form MAP.LOC - 'TOTAL for Windows' appraisal software by a Ia mode, inc. -l-800-ALAMODE
Irll, No JGNJAJ411l rao, #til
Flood Map
Borrower/Client MARGARET L KELL
Pronerlv Address T3101090 175.00-02B.00OC T310 1090 175.00-029.000 SEE ADDENDUM FOR VALUE OF 2.75 ACRE PLOT
Citv BLAIN Counlv PERRY state PA Zin Code 17006
lender MARGARET L KELL
eo
InterFlood~
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Prepared for:
Robert Hower 8. Associates
www.lnterftood.com . 1-800-252-6633
1310(090,175. 00-029.000)AJ2B. 000
BLAIN, PA 17006
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@I1GG9.2005 SouroeProse i1ndlor FloodSouroe CorpOl'Jl:lons." rtghts r'l:servtd. PII:.nr:s 0,831.3281f1d 8,&18.1515. Olh.rpaenr:s pendInG. For Info: Info.oodsOYrCe,CflITI.
form MAP.FlOOD - 'TOTAL for Windows' appraisal software by a Ia mode, inc. - 1-800-ALAMODE
!File No:JGNJA34221 paoe #91
DEFINITION OF MARKET VALUE: The most probab~ price which a property should bring in a competitive and open market under all conditons
requisite to a fair sale, the buyer and seller, each acting prudelllly, know~dgeably and assuming the price is not affected by undue stimulus. imp~cii in this
definition is the consummation of a sa~ as of a specdiOO date and the passing of title from seller \I} buyer under conditions whereby: (1) buyer and seller are
typically motiVated; (2) both parties are well informed or well advised, and each acting in what he considers his own best il1ferest; (3) a reasonabo time is allowed
for exposure in the open marIr.el; (4) paymefll is made in terms 01 cash in U.S. doUers or in terms 01 finareial arrangemeflls comparall~ thereto; and (5) the price
represents the oormal consideration for the property sold unaffected by special or creative financing or sa~ concessions' grarrtsd by anyone associated wHh
the sa~.
'Adjustments to the comparab~ must be made for special or creative financing or sales concessions. No adjustmeflls are necessary
for tOOse costs which are oormally paid by sel~rs as a resull 01 traHiton or law in a marIr.el area; these costs are readily idenlifiab~
since the sel~r pays these costs in virtually all sa~ transactions. Special or creative financing adjustmeflls can be made to the
comparabo property by comparisons to financing terms offered by a 1hird party illslilutional lender 1hat is not already imolved in the
property or transaction. Any adjustmefll should not be calcuiated on a mechanical doUer for donar cost 01 the financing or concession
but the dollar amount 01 any adiustmenl should apprOlcimate the marIr.el's reaction to the financing or concessions based on the
appraiser's judgemef\\.
STATEMENT OF LIMITING CONDITIONS AND APPRAISER'S CERTIFICATION
CONTINGENT AND LIMITING CONDITIONS: The appraiser's certification that appears In the appraisal report is subject to the foilowing
conditions:
1. The appraiser will not be responsible for matters of a legal nature that affect eHher the property being appraised or the titie to ii. The appraiser assumes that
the titie is good and mar1<.eIable and, therefore, will not render any opirions about the titie. The property Is appraised on the basis 01 n being Uflder responsible
ownership.
2. The appraiser has provided a slcefch in the appraisal report to show approlcimate dimensions 01 the irnprovemeflls and the sketch is inclurled only to assist
the reader 01 the report in visualizing the property and understanding the appraiser's _nation 01 its size.
3. The appraiser has examined the avaiiable flood maps that are provided by the Federal Emergency Managemefll Agency (or other data sources) arnl has ooted
in the appraisal report whether the subject site is located in an irtemfiOO Special Flood Hazard Area. Because the appraiser is not a surveyor, I-. or sl-. makes
00 guarantees, express or implied, regarding this determination.
4. The appraiser wiH not give testimony or appear In court because he or she made an appraisal 01 the property in question, un~s specd~ arrangemeflls to do
so have been made beforehand.
5. The apJllaiser has estimated the value of the land in the cost approach at its highest and best use and the improvemeflls at their contributory value. These
separate valuations of the iand and improvements must not be used in conjUflction wHh any other appraisal and are Imalid d they are so used.
6. The appraiser has notod in the appraisal report any ariverse cornlitions (such as, needed repairs, depreciation, the presence 01 hazardous wastes, to~c
substances, etc.) observed during the inspection 01 the subject JllOperty or that he or she became aware of during the oormal research ifl'/Olved in pertorming
the apJllalsal. Unless othetwise stated in the appraisal report, the appraiser has 00 knowledge 01 any hidden or unapparefll conditions 01 the property or
adverse efl'/ironmerrtal conditions (including the presence of hazardous wastes, toxic substances, etc.) that would make the property more or ~s valuable, and
has assumed that there are 00 such conditions and makes no guaranlees or warranties, express Of Implied, regarding the cornliton 01 the property. The
appraiser will not be responsib~ for any such conditons that do exist or for any engineering or testing that might be required to discover whether sl.<h
condilions exist. Because the appraiser is not an expert in the field of efl'/Ironmef\\al hazards, the appraisal report must not be considered as an
efl'/ironmefllal assessmem 01 the property.
7. The awais., obtained the imormation, estimates, and opil1lons that were expressed in the apJllaisal report from sources that he or she considers to be
reliable and believes them to be true arnl correct. The appraiser does not assume responslblrrty for the accuracy 01 such items that were furnished by other
parties.
8. The appraiser wi" not disclose the col1feflls 01 the appraisal report except as provided for in the Uniform standards 01 Prolessional Appraisal Practice.
9. The appraiser has based his or her appraisal report arnl valualion conclusion for an appraisal that is subject to satislactory complll\iorl, repaks, or
aiterations on the assumption that completion of the improvemeflls wiD be pertormed in a workmanlike manner.
10. The appraiser must provide his or her prior written consefll before the Iernler/cliem specdied In the appraisal report can distribute the appraisal report
Oncluding cOllCiusions about the JllOperty value, the apJllaiser's Idemny and professional designations, and references fo any prolessional appraisal
organizations or the firm with which the appraiser is associated) to anyone other 1han the borrow<<; the roortgagee or its SUCCllSSOrs and assigns; the roortgage
insurer; consultants; prolessional appraisal organizations; any state or federally approved financial institution; or any departmefll, agency, or instrumefllalHy
of the United States or any state or the District 01 Coltmlia; except that the ienderlcient may distribute the property description sectiorI of the report only to data
collection or reporting service(s) wHhout having to obtain the appraiser's prior wriflen consem. The appraiser's written consem and approval must also
be obtained before the appraisal can be comeyed by anyone to the pubic through advertising, public relations, """s, sales, or other media.
Freddie Mac Form 439 6-93
Pagel 012
Fannie Mae form 1oo4B 6-93
Robert D. Hower
k'\"", arD _ ."urral ~l'\r'Ar."rlnu~M 'lnnMw",1 C'nfhAMlf'D hu '" b "",,riA i...... _i.A.M_AI AUM~
IFlle No JGNJA3422\ Paoe #1 0\
APPRAISER'S CERTIFICATION: Thl Appraiser certifies and agrees that:
1. I have researched the subject market area and have selected a minimum of three recent saies of properties most similar and pro~mate to the subject property
tor consideration in the sales comparison analysis and have made a dollar adjustment when appropriate to reflect the mar1<et reaction to \t1OSe items of signfficanl
variation. ~ a signfficanl item in a comparab~ property is superior to, or more favorab~ than, the subject property, I have made a negative adiustment to reduce
the adiusted saies price 0I1he comparab~ and, ~ a sigMicant item in a comparab~ property is inferior to, or less lavorab~ than the subject property, I have made
a positive adjustment to increase the adjusted saies price 01 the comparab~.
2. I have taken into consideration the factors that have an impact on vaiue in my development 01 the estimate of mar1<et value in the appraisal report. I have 00\
koowingly withheld any sigMicant information lrom the appraisal report and I be"eve, to the best of my ~dge, that all stalements and information in the
appraisal report are true and correct.
3. I staled in the appraisal fllIlOrt only my own personal, unbiased, and professional analysis, opinions, and conclusions, which are subject only to the contingent
and 6miting conditions specffied in this form.
4. I have no present or prospective interest in the property that is the subject to this report, and I have no present or prospective personal interest or bias with
respect to the participanls in the transaction. I did not base, eitheI pertialy or completely, my analysis antVor the estimate of mar1<et vaiue in the appraisal report
on the race, color, religion, sex, handicap, familial status, or national origin 01 e~r the prospective owners or occupants 01 the subject property or of the present
owners or occupants 01 the properties in the vicinity of the subject property.
5. 1 have no present or conlempleled fINe interest in the subject property, and _r my Cll'lenl or lulur. employment nor my compensation lor performing this
appraiSal is contingent on the appraised value of the property.
6. I was not required to report a predetermined vaiue or direction in value that favors the cause of the client or any related party, the amount 01 the vaiue estimate,
the attainment of a specffic result, or the occurrence of a subsequent event in order to receive my compensation and/or employment lor pertorrning the appraisal. I
did not base the appraisal report on a requested mirimum vaillalion, a spec~ic vakJation, or the need to approve a specffic nnortgage loan.
7. I pertormed this appraisal in conformity with the UMorm standards 01 Prolessional Appraisal Practice that were adopted and promulgated by the Appraisal
standards Board of Thl Appraisal foundation and that were in place as of the effective dale of this appraisal, with the exception of the departLre provision of these
standards, which does not apply. I ackrowledge that an estimate of a reasonab~ time for expos...e In the open mar1<et is a condition in the definition of mar1<et value
and the estimate I developed is consistent with the marketing time noIe<I in the neighborhood section of this report, unless I have otherwise staled in the
recoreillation sectiOn.
8. I have personally inspected the interior and exterior areas of the subject property and the exterior of all properties listed as comparables in the appraisal report.
I further certify that I have noIe<I any apparent or koown adverse conditions in the subject improvements, on the subject site, or on any site within the immediate
vicinity of the subject property 01 which I am aware and have made adjustments for these adverse conditions In my analysis 01 the property vaiue to the extent that
I had mar1<et evidence to support them. I have also commented aboLt the effect of the ariverse conditions on the mar1<etability of the subject property.
9. I personally prepared aR conclusions and opinions aboLt the real estate that were set forth In the appraisal report. ff I reIierI on sigMicant professional
assistance from any individual or individuals in the pertormance of the appraisal or the preparation 01 the appraisal fllIlOrt, I have named such individual(s) and
disclosed the spec~ic tasks pertonmed by them In the reconciKation section of this appraisal report. I certify that any Individual so named is quaflfierj to pertorm
the tasks. I have 00\ authcrized anyone to make a change to any item in the fllIlOrt; therefore, ~ an unauthcrtzed change Is made to the appraisal report, I will take
no responsi~ lor tt.
SUPERVISORY APPRAISER'S CERTIFICATION: ff a supervisory appraiser signed the appraisal report, he or she certifies and agrees that:
I dlrectiy supervise the appraiser woo prepared the appralsal report, have reviewed the appraisal report, agree with the stalements and conclusions of the appraiser,
agree to b< bound by the appraiser's certifications numbere<! 4 through 7 above, and am taking full responsibility for the appralsal and the appraisal report.
ADDRESS OF PROPERTY APPRAISED: 7310(090, 175.~28.000): 7310 (090, 175.0()'{)29.000 SEE ADDENDUM FOR'
SUPERVISORY APPRAISER (only If required):
~~~o~ ,Ii
Dale Signed': February 28,2005
state Certification #: RL-3303
or state License #:
State: PA
Expiration Date of Certification or License: 6/30105
APPRAISER:
Signature: ,'-,. n c~: ~
Name: Robed b Hawer7Jolin'1l , Assist
Dale Signed: February 28. 2005
State Certification #: Assist 10 RL-3303
or state License #:
state: P A
Expiration Dale of Certiillcation or License:
IZI Did
o Did Not Inspect Property
Freddie Mac form 439 6-93
Page2of2
Fannie Mae form 10046 6-93
form ACR - "TOTAL lor Windows' appraisal software by a Ia mode, inc. -1-800-ALAMODE
~JGNJA34221 Pao, #,-n
MULTI-PURPOSE SUPPLEMENTAL ADDENDUM
FOR FEDERALLY RELATED TRANSACTIONS
Robert D. Hower
Borrower/Client MARGARET L KELL
Property Address T310<090 17500-028.000); T310 (09017500-029.000 SEE ADDENDUM FOR VALUE OF 2.75 ACRE PLOT
City BLAIN County PERRY State P A lio Code 17006
Lender MARGARET L KELL
This Mum-Purpose Supplemental Addendum for federally Relafed Transactions was deslgne<! to provide the appraiser wl\t1 a COTl'/llnient way to comply with the current
appraisal standards and requirements of the federal Depos~ Insurance Corporation (FDIC), the Off~e of the Comptroller of Currency (OCC), The Off~e of Thrift
Supervision (OTS), the Resolution Trust Corporation (RTC), and the federal Res....e.
This Multi-Purpose Supplemental Addendum is for use with any appraisal. Onl, those
statements which han been checked b, the appreiler appl, to the proplrty bllna appralled.
[8J PURPOSE & FUNCTION OF APPRAISAL
The purpose of the appraisal is to estimato the maJ1<et value of the subject property as defined herein. The function of the appraisal is to assist the above-named
Lender in evaluating the subject property for lending purposes. This is a federally related transaction.
[8J EXTENT OF APPRAISAL PROCESS
[8J The appraisal is based on the information 9athered by Ihe appraiser from pubfic records, oIher identified SOlKCes, inspection of Ihe subject property and
neighbcrflood, and selecfion of comparable sales within the subject marI<et area. The original somce of the comparables is shown in the Data Source section
of Ihe marl<et grid along with the source 01 confirmation, d available. The original source is presentsd lirst. The sources and data are considered reliable.
When conflicting information was provided, Ihe source deemed most reliable has been used. Data believed to be unreliable was oot included in Ihe report oor
used as a basis for Ihe value conclusion.
0 The Reproduction Cost is based on
supplemenled by the appraiser's kooWIedge 01 the local mar1<et.
0 Physical depreciation is based on Ihe estimaied effective age 01 the subject property. Functional and/or external depreciation, d present, is specifically
addressed in Ihe appraisal report or oIher addenda. In estimating Ihe site value, Ihe appraiser has relied on personal koowledge 0I1he local mar1<et. This
knowledge is based on prior andior current analysis of site sales arrd,lor abstraction of site values lrom sales 01 improved properties.
0 The subject property is located in an area of primarily owner-occupied single family residences and the Income Approach is oot considered to be meaningful.
For this reason, Ihe Income Approach was oot used.
0 The Esfimatod Market Rent and Gross Rent Mumplier utilized in the Income Approach are based on the appraiser's koowledge 0I1he subject marI<et area.
The rental koowledge is based on prior andior current renIaI rate surveys 01 residenllal properties. The Gross Rent MuftipIier is based on prior andior current
analysis of prices and mar1<et rates for residel1tial properties.
0 For income prodUCing properties, actual rents, vacancies and eJql8nses have been reported and analyzed. They have been used to projectluture rents,
vacancies and eJql8ITSes.
[8J SUBJECT PROPERTY OFFERING INFORMATION
According to PUBLIC RECORD Ihe subject property:
[8J has ool_bee1l.!!!lm!l lor sale In the past: o 30 days o 1 year [8J 3 years.
o is currently l1ffmd for sale for $
o was offered for sale within Ihe past: o 30 days o 1 year 0 3 years for $
o Offering information was considered in Ihe linal reconciliation of value.
o Offering information was oot considered in Ihe final reconciliation of value.
o Offering information was oot avai~ble. The reasons for unavailability and the steps taken by the appraiser are explained ~r in this addend"".
[8J SALES HISTORY OF SUBJECT PROPERTY
According to the subject property:
[8J Has oot transterred o in Ihe past twelve monll1s. o In the past thirty-six monll1s. [8J in the past 5 years.
0 Has transterred o in the past twelve monll1s. o in the past thirty-six monll1s. o in Ihe past 5 years.
0 All prior sales which have occlXred in Ihe past are listed below and reconciled to Ihe appraised value, edher in Ihe body of Ihe report or in Ihe addenda.
- SaIeoPrIce Doc_lit #I lelle, .....r
[8J FEMA FLOOD HAZARD DATA
[8J Subject property is oot kx:ated in a fEMA Special Hood Hazard Area.
0 Subject property ~ in a FEMA Special Flood Hazard Area.
I Zone FEMA Map/Pane. tIJ Map_ ..... at Ca....unlty
C 4219520015B 10/15/85 JACKSON TOWNSHIP-PERRY COUNTY
0 The community does oot oarticipate in Ihe National Flood Insurance Program.
I:8J The community does participate in the National Flood insurance Program.
0 /I is covered by a rJlO\i;ll program.
I:8J It is covered by an e~ program.
Page1of2
Form MPA3 - 'TOTAL lor Windows' appraisal software by a la mode, inc. - 1-8OO-ALAMODE
Ifi;, No JGNJA34221 Pa" # 121
[2:J CURRENT SALES CONTRACT
[2:J The subject property is currentlv not under contract.
0 The contract and/or escrow instructions were not availabk12u~. The unavailability of the contract is expi,;ned later in the addenda section.
0 The contract and/or escrow instructions were reviewed. The foilowing summarizes the contract:
Contract Date AIIIeadment Date CDntract Price Seller
0 The contract indicated that personal property ~~ in the sa~.
0 The contract indicated that personal property~. tt consisted of
0 Estimated contributory value is $
Personal property was not included in the tinal value estimate.
0 Personal property was included in the finai v,;ue estimate.
0 The contract indicated ~s.skms or other incentives.
0 The contract indicated tbU2IIQwina conce.s.sm or incentives:
0 If concessions or incentives exist, the comparables were checked for similar concessions and appropriate adjustments were made, it applicable, so
that the final value conclusion is in compliance with the Market Value defined herein.
[2:J MARKET OVERVIEW Include In expilnollon of current mlrket ccnd~lo", Ind trendo.
3-<5 months is considered a reasonab~ marketing period for the subject property based on MULTI-LIST RECORDS
[2:J ADDITIONAL CERTIFICATION
The Appraiser certifies and agrees that:
(1) The ana~ses, opinions and conclusions were developed, and this report was prepared, in cOnformity with the Unttorm Standards of Professional
Apprais,; Practice ('USPAP'), except that the Departure Provision of the USPAP does not app~.
(2) Their compensaton is not contingent upon the reporting of predetenmined vajue or direction in value that favors the cause of the client, the amount
of the vaiue estimate, the attainment of a stipulated res~, or the occurrence of a SUbsequent event,
(3) This appraisal assignment was not based on a requested minimum valuation, a specffic v,;uation, or the approval of a loan.
[2:J ADDITIONAL (ENVIRONMENTAL) LIMITING CONDITIONS
The vaiue estimated is based on the assumption that the property is not negative~ attected by the existence of hazardous substances or detrimental
environmental conditions unless otherwise stated in this report. The appraiser is not an expert in the identification of hazardous substances or detrimental
environmental conditions. The appraiser's routine inspection of and inquiries about the subject property did not develop any information that indicated
any apparent signfficant hazardous substances or detrimental environmental conditions which wou~ affect the property negative~ un~s otherwise stated
in this report. tt is possib~ that tests and inspections made by a qualttied hazardous substance and environmental expert would reveal the existence of
hazardous substances or detrimental environment'; conditions on or around the property that wouW negatve~ affect tts value.
0 ADDITIONAL COMMENTS
[2:J APPRAISER'S SIGNATURE & LICENSE/CERTIFICATION
- ..~_~.~b'-O";_--L
irre>.l- r ...( Effective Date 02121/05 Date Prepared February 28, 2005
Appraiser's SignatUre,
Appraiser's Name (print) Robert D Hower/John B Anstine. Assist Phone # 717-436-8200
State PA OUcense [gJ Certificaton # Assist to RL-3303 Tax 10 # 25-1813743
[2:J CO-SIGNING APPRAISER'S CERTIFICATION
[2:J The co-signing appraiser has personalOCj~ the subject property, both inside and out, and has made an exterior inspection of aU comparab~ sa~
listed in the report. The report was prepared by the appraiser under direct supervision of the co-signing appraiser. The co-signing appraiser accepts
responsibility for the contents of the report including the value conclusions and the limiting conditions, and confinms that the certificatons app~
ful~ 10 the co-signing appr,;ser.
0 The co-signing appraiser bas.mt oersonallv insoected the interior of the subject property and:
0 has not inspected the exterior of the subject property and ';1 comparab~ s~s listed in the report.
0 has ins~g the exterior of the subject property and a! comparab~ s<ties listed in the report.
[2:J The report was prepared by the appraiser under direct supervision of the co-signing appraiser. The co-signing appr,;ser accepts responsibility for the
contents of the report, inc~ding the v,;ue conclusions and the limiting condttions, and confirms that the certffications app~ ful~ 10 the co-signing
appraiser wilh the exception of the certification regarding physical inspections. The above describes the ~el of inspection pertormed by the
CO-Signing appraiser.
0 The co*signing appraiser's level of inspection, involvement in the appraisal process and certification are covered elsewhere in the addenda section
of this appraisal.
[gJ CO-SIGNING APPRAISER'S SIGNATURE & LICENSE/CERTIFICATION
Co-Signing ~ // /L . Date Prepared February 28, 2005
AppraISer's Sign J Effective Date 02121/05
Co-Signing Appr ser's Name (print) ROBERT D HOWER Phone # 717-436-8200
State PA OUcense [gJ Certificaton # RL-3303 Tax 10 # 25-1813743
Page2of2
Form MPA3 - 'TOTAL for Windows' appraisal software by a la mode, inc. -1-BOO-ALAMODE
IFile No JGNJAMillPaili#131
Fi~ No. JGNJA3422
T310 090175.00-029000 SEE ADDENDUM FOR VALUE OF 2.75 ACRE PLOT
Co PERRY State PA Zi Code 17006
APPRAISAL AND REPORT IDENTIFICATION
This appraisal conforms fo l!!l.ll of the following definitions:
o Complete Appraisal
C><:J Limited Appraisal
(The act or process of estimating value, or an opinion of value, pertormed without invoking the Departure Rule.)
(The act or process ot estimating value, or an opinion ot value, pertormed under and resulting from invoking the
Departure Rule.)
This report is \!illl of the following types:
o Sell Contained (A written report prepared under Standards Rule 2-2{a) of a Complete or Limited Appraisal pertormed under STANDARD 1.)
C><:J Summary (A written report prepared under Standards Rule 2-2(b) of a Complete or limited Appraisal pertormed under STANDARD 1.)
o Restricted (A written report prepared under Standards Rule 2-2(c) of a Complete or Limited Appraisai pertormed under STANDARD 1,
restricted to the stated Intended use by the specified client or intended user.)
Comments on Standards Rule 2-3
I certify that, to the best of my know~ge and belief:
[J The statements of fact contained in this report are true and correct.
[J The reported analyses, opinions, and conclusions are limited omy by the reported assumptions and Hmiting conditions, and are my personal, impartial, and unbiased
professional analyses, opinions and conclusions.
=' I have 00 (or the specitled) present or prospective Interest in the property that Is the subject of this report, and 00 (or the specitled) personal interest with respect to the
parties invowed.
[J I have 00 bias with respect to the property that is the subject of this report or the parties Invowed with this assignment.
=' My engagement in this assignment was 001 contingent upon developing or reporting predetermined results.
LJ My compensation for completing this assignment is 001 contingent upon the development or reporting of a predetermined value or direction in value that favors the cause
of the client, the amount of the value opinion, the atiainment of a stipuJated resu.l, or the occurrence of a subsequent event directly related to the Intended use of this appraisal.
o My analyses, opinions and conclusions were developed and tfis report has been prepared, in contormity with the Unitorm Standards of Professional App<aisal Practice.
11 I have lor have 001) made a personal inspection of the property that is the subject of this report.
: J No one provided signit~ant real property appraisal assistance to the person signing this certitication. (II there are e""eptions, the name of each indMdual providing significant
real property appraisal assistance must be stated.)
Comments on Appraisal and Report Identification
Note any departures from Standards Rules 1-3 and 1-4, plus any USPAP-related issues reqUiring disclosure:
Signature: 'hi _ I), ,,'(,ci,
Name: Robert D Hovver/John B Anstine, Assist
Date Signed: Februarv 28 2005
State Certification #: Assist to RL-3303
or Slate License #:
State: PA
Expiration Date of Certification or License:
Signature:
Name: ROBE DOWER
Date Signed: Februarv 28, 2005
State Certitication #: RL-3303
or State License #:
State: PA
Expiration Date of Certification Of License: 6130105
Ir.I~:.dl:
APPRAISER:
C><:J Did 0 Did Nof Inspect Property
Robert D. Hower
form 105 - 'TOTAL for Windows' appraisai software by a Ia mode, inc. -1-8QO-ALAMODE
Borrower/Client MARGARET L KELL
Prooertv Address T3101090 175.00-02B.000\: T310 (090175.00-029.000 SEE ADDENDUM FOR VALUE OF 2.75 ACRE PLOT
Citv BLAIN Counlv PERRY stare PA liD Code 17006
Lender MARGARET L KELL
Supplemental Addendum
lRieNoJGNJA34221 Paue #141
File No JGNJA3422
T310 090,175.00-029 000 IS A PARCEL WITH 2.75 ACRES ADJACENT TO THE 090,175.00-028, WHICH HAS AN
ESTIMATED VALUE OF 3,200/ ACRE 2.75 ACRES X 3,200 = $8,800
OR THE FINAL ESTIMATED FAIR MARKET VALUE OF 2.75 ACRES IS $9,000.
Form TADD - 'TOTAL for Windows" appraisal sottware by a la mode, inc. -1-800-ALAMODE
SorrowerlC6enl MARGARET L KELL FileNo. JGNJA3420
Prorwtv Address SR3006 BACK HOLLOW RD
Citv BLAIN Countv PERRY State PA Zin r.ode 17006
Lender MARGARET L KELL
TABLE OF CONTENTS
SUIl1nat'/ 01 SaIenI Fea\ures ...... ..................................................................................................................................................................
.................... 1
Irrvoice ..............................................................................................................................................................................................
................................ 2
IJRAR..................................................................................................................................................................................................
..............................3
SubjectPhotos..........................................................................................................................................................................................
........................5
Subject PhoIos ........................................................................................................................................................................................
.......................... 6
Subject Photos ......... ..............................................................................................................................................................................
........................... 7
Coll1lOlable Photos 1-3 ................. .............................................................................................................................................................
...................... 8
Location Map ..........................................................................................................................................................................................
.......................... 9
fbod Map ..............................................................................................................................................................................................
........................... 10
Statement 01 Umiting Conditions ............................... ............................................................................................................... .......................
......... ......... 11
Muli-Purpose Supplemental Addendum ....................................................................................................................................................................
....... 13
USPAP Identification ..................................................................................................................................................................................
....................... 15
GeneIaJ Text Addendum .................................................................................................................................................................................
.................... 16
form TOCP - "TOTAL for Windows' appraisal software by a Ia mode, inc. - 1-BOQ-ALAMOOE
SUMMARY OF SALIENT FEATURES
Subject Address SR3006 BACK HOLLOW RD
Legal Description 194-2
City BLAIN
Coun\y PERRY
Slate PA
Zip Code 17006
Census Tract 030602
Map Reference 90-157-46;90-157-46/02
Sa~ Price
DateofS~
$ N/A
N/A
Borrower / Client
Lende,
MARGARET L KELL
MARGARET L KELL
Sire (Square Foel) 1,020
Price per Square Foot $ 102.00
Location RURAL
Age 105
Condition AVERAGE
Total Rooms 5
Bedrooms 2
Baths 0
Appraise,
Date of Appraised Value
Robert D Hower/John B Anstine, Assisl
02121/05
Final Estimate of Value
$ 100,000
Rlrrn SSD - 'TOTAL for Windows' appraisal software by a Ia mode, ioc. -1-BOD-ALAMDDE
Iflle No JGNJA342DI Paoe #11
Mo JGNJA34201 Paoe~ #21
FROM: INVOICE
Robert D Hower
Robert D Hower & Assoc INVOICE NUMBER
23 Industrial Circle JGNJA3420
Mifflintown, PA 17059 DATE
02/22105
Telephone Number. 717-436-8200 Fax Number. 7174368205
REfERENCE
TO: Internal Onter N: JGNJA3420
MARGARET L KELL Lender C.IO//: JGNJA3420
4 VILLAGE ROAD Client File N:
CAMP HILL, PA 17011 JGNJA3420
M.ln File // on form: JGNJA3420
other File // on form:
Ttlephone Number: Fax Number: Federal Tax 10: 25~ 18137 43
Alternate Number. E-II.n: EmployerlD:
DESCRIPTION
Lender: MARGARET L KELL Client: MARGARET L KELL
Purehsser/Bomlwer: MARGARET L KELL
Property Addms: SR3006 BACK HOLLOW RD
City: BLAIN
County: PERRY State: PA Zip: 17006
Leg,' Desc~ptJon: 194~2
FEES AMOUNT
FULL 1004 URAR APPRAISAL : 250.00
SUBTOTAL 250.00
,
PAYMENTS AMOUNT
Check #: O.te: Desc~ptlon: :
Check #: Date: Desc~ptIon:
Check #: Date: Desc~ptlon:
SUBTOTAL
TOTAL DUE Is 250.00
form NIV5 - "TOTAL for Windows' appraisal software by . I. mode, inc. - 1-800~ALAMODE
D....h.1't n L.lnul6r
P T FileNo. JGNJA3420
Pro;;;;rtV Address SR3006 BACK HOLLOW RD City BLAIN state PA lin Code 17006
LMaI Oescrintion 194-2 Co..n'" PERRY
Assessor's Parcel No. 90-157-46.90-157-46/02 Tax Year 2004 RJ. Taxes ~ 1 013.56 S""i.1 Ass<"men!s ~ 0.00
Borrower MARGARET L KELL Current OWner MARGARET L KELL OccunantJ l OWner [)(] Tenant rl Vacant
Pro;;;;rtVrinhts .nnraised IXI Fee Simn~ , I leasehold Proiect Tvoe I PUD I I Condominium IHUDNA o~\ HOA $ 0.00 !Mo.
Neinhborhood or Proiect Name JACKSON TWP Mao Reference 90-157-45'90-157-46/0. Census Tract 030602
S~ Price ~ N/A Date of Sale N/A Oescrtotion and tamount of loan c~onc"sions '0 "" Mid hv s'lI" 0.00
Lende~lient MARGARET L KELL Address 4 VILLAGE ROAD CAMP HILL PA 17011
Annraiser Robert 0 Hower/John B Anstine Assist Address 23 INDUSTRIAL CiRCLE MIFFLlNTOWN PA 17059
Locaton o Urban o Suburban ~ Rural Pn!dominant SI:!Ie family hollOl~ Preoent land uoe % Land uoe change
PRI AG
Bum up o Over 75% (8J 25-75% 0 Under 25% occupanoy $(000) (yrs) One family 90 (8J Not likely o Likely
Growth rate o Rapid (8J Stab~ o Slow (8J OWner 90 35 Low 1 2-4tamily 2 o In process
Property values 0 Increasing (8J Stable o Declining o Tenant 5 225 Hinh 200 Multi-family 2 To:
Demand/supply R Shortage . ~ In balance R Over supply ~V.cant(D'5%) IPredominant Commercial 1
Marketi~ time Under 3 mos. 3.6 mos. Over 6 mos. Vac.lover5%\ 88 75 VACANT 5
IGte: Race and the racial co..pOSitlOR of the neighborhood are not appraisal ,acto....
Neighborhood boundaries and characteristics: JACKSON TOWNSHIP-PERRY COUNTY. SUBJECT IS ADJACENT TO ROUTE T300-BACK
HOLLOW ROAD.
Factors that affect the marketability of the propemes in the neighborhood (pro~mity to employment and amenities, employment stability. appeal to market. etc.):
IT IS A NEIGHBORHOOD OF AVERAGE SIZED HOMES AND HUNTING CABINS. IT APPEARS TO RECEIVE AVERAGE TO GOOD
MARKET ACCEPTANCE. ALL EMPLOYMENT CENTERS ARE WITHIN 45 MILES. RECREATION SCHOOLS AND SHOPPING
FACILITIES ARE WITHIN TYPICAL MARKET EXPECTED PROXIMITY. THERE ARE NO APPARENT AND MEASURABLE EVIDENCE OF
ADVERSE LOCATIONAL FACTORS WHICH MIGHT ADVERSELY AFFECT MARKETING OR VALUE.
Market conditions in the subject neighborhood (including support for the above conclusions related to the trend of property values, demand/supply, and marketing time
u soch as data on competitive PfOpemes for sale in the neighborhood, description of the preva~e of sa~ and financing concessions, etc.):
PROPERTY VALUES IN THE SUBJECT AREA TEND TO BE STABLE TO INCREASING. MARKET SUPPLY AND DEMAND ARE IN
BALANCE. MARKETING TIME FOR HOMES IN THIS AREA GENERALLY RANGE FROM 3-6 MONTHS. MOST SALES ARE OF
CONVENTIONAL FINANCING WITH FINANCING CONCESSIONS BEING ONLY USED ON OCCASION.
PlOject Intonnlllon for PUDo (n applicable) . - Is the developer/blJilder in control of the Home OWners' Associaton (HOA)? U Yes U No
. Appro~mate total number 01 units in the subject proiect AppfO~mate IotaI number of UIlifs for sa~ in the subject project
Describe common elements and recreatonal facilities:
Dimensions SEE ATTACHED DEED Topography GRADUAL SLOPE-2% SLOPE
Site area 46 AC Corner Lot 0 Yes (8J No Size TYPICAL FOR RURAL
Specific zoning classtticatiofl. and description NO lONING-RESIDENTIAL USE SEASONAL USE Shape IRREGULAR
Zoning compliance 0 Legal Jfl Legal noncOnf~~ (Grandfathered use) 0 Illegal (8J No zoning Drainage APPARENTLY ADEQUATE
Hi^hest & o.st uS< as 1m",,,"'" P"sen\ lISe Other use /"olarn' View VALLEY
Utllftlet Public other Off-ofte Improvamenta Type Public PrWate Landscaping AVERAGE
Electricity (8J Street ASPHALT (8J 0 DrWeway Surtace GRAVEL
Gas o BOTTLED Curb/gutter NONE 0 0 Apparent easements NONE APPARENT
Water o WELL Sidewalk NONE 0 0 FEMA Special Flood Hazard Area o Yes (8J No
Sandary sewer R DUG-SEPTIC Street lights NONE .R R FEMA Zone C MapDate 10/15/85
Storm sewer PRIVATE Allev NONE fEMA M.n No. 4219520015B
Comments (apparent adverse easements, erx:roachrnents, special assessments, slide areas, illegal or legal nonconforming zoning use, etc.)'. THERE ARE NO
APPARENT ADVERSE EASEMENTS ENCROACHMENTS OR OTHER ADVERSE CONDITIONS.
GENERAL DESCRIPTlON EXTERIOR OESCRIPTlON FOUNDATION BASEMENT INSULATION
No. of Units 1 Foundaton STONE Slab YES Area Sq. Fl. N/A Roof 0
No. of Stories 2 ExteriorWal~ VINYL Crawl Space NO % Finisherl N/A Ceiling 0
Type (OetJAtt.) DET Roof SlIllace METAL Basement NONE Ceiling N/A Wal~ 0
Design ISty~) 2 STORY Gutters & Dwnspts. GAL V Sump Pump NONE Walls N/A Floor 0
E~s1ingI1'roposed EXISTING Window Type DBL-HUNG Dampness NON-APPAREN Floor N/A None 0
Age (Yrs.) 105 Storm'Screens YESIYES Settlement NON-APPAREN Outside Entry N/A Unknown UNK (8J
Effective A' e IVIS.' 25 Manutactured House NO Intestation NOT TESTED
ROOMS Fover Livinn Dininn Kitchen Den Familv Rm. Rec. Rm. Bedrooms # Bat"" LarJlldfll other Area So. Fl.
Basement N/A
.
levelt 1 1 1 2 0 640
- Level 2 380
m
. Finished area lbove nrade contains: 5 Rooms. 2 Bedroomls): o Bath sj: 1020 Souare Feet of Gross Livinn Area
INTERIOR Materials/Condition HEATING YES KITCHEN EQUIP. ATT1C AMENIllES CAR STORAGE:
Floors UNKNOWN Type STOVE Refrigerator 0 None 0 Fireplace(s) # NONE 0 None (8J
Walls UNKNOWN Fuel OIL Range/Oven 0 Slairs (8J pato NONE 0 Garage #01 cars
TrirrvFinish UNKNOWN Condition A VG Disposal 0 Drop Sfair 0 Deck NONE 0 Attached
Bath Floor N/A COOLING YES Dishwasher 0 Scullle 0 Porch 2 (8J Detached
Bath Wainsco1 N/A Central NO FanIHood 0 Floor (8J Fence NONE 0 Buill-In
Doors UNKNOWN other WALL Microwave 0 Heated R Pool NONE R Carport
ASSUMED TO BE AVERAGE Condition A VG WasherlDrver Fi Finished Drivewav 4
Additionalleatures (special energy efficient items, etc.): NONE
Condition 01 the improvements, depreciaton (physical. functional. and external), repairs needed. quality 01 constroction, remodeling/additions, etc.: ON THE
DATE OF INSPECTION THERE WERE NO FUNCTIONAL AND EXTERNAL REPAIRS NEEDED. QUALITY OF CONSTRUCTION WAS
AVERAGE AND THERE WAS NO REMODELING/ADDITIONS IN PROGRESS.
Adverse environmental conditions (such as, but not limited to, hazardous wastes, toxic substances, etc.) present in the improvements, on the site, or in the
immediate vicinity of the subject property.: NO EVIDENCE OF ADVERSE CONDITIONS ON THE SITE IN THE HOUSE OR IN THE
NEIGHBORHOOD WAS FOUND. NO ENVIRONMENTAL ASSESSMENT WAS MADE.
Robert D. Hower
UNIFORM RESIDENTIAL APPRAISAL REPOR
Freddie Mac Form 70 6193
PAGE 1 OF 2
Form UA2 - 'TOTAL for Windows' appraisal software by a la mode, inc. - 1-Boo-ALAMODE
IFile No. JGNJA34201 Paoe #31
Fannie Mae Form 1004 6193
IF;le No JGNJA34201 Paae #41
V. ion Section FileNo. JGNJA3420
ESTIMATED SITE VALUE..4.6.AC.... .........- $ 35 000 Comments an Cast Approach (such as, source of cast estimate, site value,
ESTIMATED REPRODUCTION COST-NEW-OF IMPROI/[MENTS: square toot ca~ulatian and far HUD. VA and FmHA, the estimated remaining
Dwelling 1,020 Sq Ft.@$ 57.00 = $ 58,140 ecanamic Iffe of the property): REPLACEMENT COST ARE
o Sq. Ft. @$ 000 = 0 ABSTRACTED FROM MARSHALL & SWIFT RESIDENTIAL
SEE COMMENT AREA = 49,790 COST HANDBOOK. PHYSICAL DEPRECIATION IS
. GarageJCarpart L- Sq. Ft. @$ 0.00 = 0 CALCULATED BY THE AGE/LIFE TECHNIQUE. THE
Tatal Estimated Cast New.... .....= $ 107,930 ESTIMATED REMAINING ECONOMIC LIFE IS 35 YEARS
. Less Physical Functional External PORCHES 346 sa FT @ 13.00 = 4498
Depreciation 44,9741 2,6981 ~$ 47672 2ND CABIN 676 sa FT @ 67.00 =45 292
Depreciated Value of Improvements ...... =$ 60 258 TOTAL OF CONTRIBUTORY=49 790
"As-is' Value of SITe Improvements... w~II!~.~Rti~/... .... =$ 7500
INDiCATED VALUE BY COSTAPPRDACH . ....... -$ 102,758
ITEM I SUBJECT COMPARABLE NO.1 COMPARABLE NO.2 COMPARABLE NO.3
SR3006 BACK HOLLOW RD 249 KISTLER ROAD 265 LANDISBURG ROAD 2620 POLLYANNA ROAD
Address BLAIN ELLlOTTSBURG PA 17024 SHERMANSDALE PA 17090 LIVERPOOL PA 17045
Pra.mrtv to Sublect 1223 miles 15.13 miles 25.21 miles
Sales Price S N/A 1$ 112000 Is 87 900 1$ 115000
PnceJGross Livina Area $ 102.00 c;tJ ~ 77.46c;tJ1 $ 83.71 c;tJ1 $ B1.6B c;tJ1
Data and/or INSPECTION MLS MLS MLS
Verification Source COURTHOUSE PUBLIC RECORD PUBLIC RECORD PUBLIC RECORD
VALUE ADJLlSTMENTS DESCRIPllON DESCRIPTION ; + H$ Adiu~ OESCRIPllON : + H$ Adiu~. DESCRIPTION ; +H$Adiu~
Sales Of Financing CONVENTIONAL: CONVENTION CONVENTION
Concessions NO REPORT NO REPORT , NO REPORT
Date at Saief1ime OS/2112004 : 06/30/2004 ; 05/1412004
location RURAL SIMILAR SIMILAR : SIMILAR ;
leasehald- Simn~ FEE SIMPLE FEE SIMPLE : FEE SIMPLE FEE SIMPLE
Site 4.6AC 4.25 AC 8.43 AC , -4 000 5.63 AC ; -1 000
View VALLEY SIMILAR SIMILAR SIMILAR
Deslnn and AnMaI 2 STORY 2 STORY 1 STORY 2 STORY
Qualitv of Construction AVERAGE SIMILAR SIMILAR : SIMILAR
Ane 105 50T/- ; 51T/- SIT/-
Condition AVERAGE SIMILAR SUPERIOR : -2500 SIMILAR
Abave Grade Tatal ; Bdrms; Baths Tatal : Bdrms : Baths : -1.000 Total: Bdm\\;: Baths : -1,000 latal : Bdrms ; Baths ; -1,000
Room Count 5 2 0 5 : 3 : 1 ; -2.500 B : 3 : 1 ; -2,500 5 : 3 ; 1 -2,500
Gross Uvino Area 1 020 Sa. Ft. 1 446 Sa. Ft. ; -4 260 1 050 Sa. Ft. ; -300 1 408 Sa. Ft. ; -3880
Basement & Finisred SLAB FULL -4,000 SLAB , FUll -4,000
Rooms Below Grade N/A UNFINISH : NiA UN FINISH :
FunctionalUtilrtv AVERAGE SUPERIOR -5000 SIMILAR : SIMILAR
. Healina/CooHna STOVEIWALL HWBB/NONE : -1500 STOVE/NONE : T500 NONE/NONE ; T500
Enernv Efficient Items NONE NONE NONE : NONE
Garan,JC.mort NONE NONE : NONE : NONE ;
Parch, Patio, Deck, PORCH,PORCH PORCH. DECK DECK , T1,000 PORCH,PORCH
,
Fifl"'lacels\elt. NONE NONE NONE , NONE
Fence Pool etc. NONE NONE NONE : NONE
SECOND CABIN YES NO : Tl0000 NO T10000 NO + 1 0 000
Net Ad!. l1afaO l+ ~- :$ 8260 ~+ n- :s 1200 n+ ~- :s 1 880
Adjusted Sa~s Price Net 7.4 % Net 1.4 % Net 1.6 %
at Camoarab~ Gross 25.2 % · 103740 Gross 24.8 % $ 89100 Gross 19.9 % $ 113120
Comments an Sa~s Comparison (including the subject property's compatibilITy 10 the neighborhood, elt.): SALES RECITED ARE FROM SUBJECT
NEIGHBORHOOD AND ARE IN ACCEPTABLE PROXIMITY TO THE SUBJECT. THEY ARE THE MOST RECENT AND MOST
COMPARABLE FOUND. ALL VALUE AFFECTING DISSIMILARITIES WERE ADJUSTED ACCORDING TO MARKET REACTION
SECONDARY MARKET STANDARDS FOR NET AND GROSS ADJUSTMENT PERCENTAGES WERE MET. THE INDICATED RANGE OF
VALUES BRACKETS THE VALUE OF THE SUBJECT. SECOND CEMENT CABiN IS ON SAME PARCEL AND WAS GIVEN $10 000
ADJUSTMENT IN THE GRID AREA. THE 1 MILE AND 6 MONTHS GUIDELINES HAD TO BE EXCEEDED INSUFFICIENT DATA.
ITEM SUBJECT COMPARABLE NO.1 COMPARABLE NO.2 COMPARABLE NO 3
Date, Price and Data NONE NONE PER CPML NONE PER CPML NONE PER CPMl
Source, tor prior sales LAST 3 YRS LAST THREE YEARS LAST THREE YEARS LAST THREE YEARS
within vear of aaaraisal COURTHOUSE
Ana~sis of any current agreement of sa~, option, or listing of subject property and ana~sls of any prior sales of subject and camparables wIThin one year of the date 01 apprais.I'
NONE
INDiCA TED VALUE BY SALES COMPARISON APPROACH .. $ 1 00 000
INDiCATED VALUE BY INCOME APPROACH Iff Aaalicab~1 Estimated Market Rent S /Mo. x Gross Rent Mulliolier ~.
This iljlpraisal is made ~ "as is" U subject 10 the repairs. a.lerations, inspections or conditions listed below U subject to camp~on per plans & spec~icatians.
Conditions otAppraisal THIS IS NOT A RENTAL NEIGHBORHOOD AND INSUFFICIENT DATA IS AVAILABLE FOR THE INCOME APPROACH
SUBJECT WAS APPRAISED "AS-iS".
Final Recanciliatian: MARKET ACTIONS OF BUYERS AND SELLERS ARE BEST ANALYZED BY THE SALES COMPARISON APPROACH.
THAT APPROACH IS GIVEN GREATEST WEIGHT IN RECONCILLlATION. THE COST APPROACH PROVIDES CONFIRMATION OF
VALUE ONLY THE INCOME APPROACH WAS NOT DEVELOPED.
The purpose of this appraisal is to estimate tre market value of the real property that is tre SUbject of lliis repart. based on tre above conditions and the certification, contingent
and limiting conditions, and market value detlnition that are stated in the attacred Freddie Mac Form 439/FNMA form 1oo4B (Revised 6-93 I
I (WE) ESTIMATE THE MARKET VALUE. AS DEFINED, OF THE REAL PROPERTY THAT IS THE SUBJECT OF THIS REPORT,AS OF 02121/05
(WHiCH IS THE DATE OF INSPECTION AND THE EFFECTIVE DATE OF THIS REPORT) TO BE $ 1 00 000
" APPRAISER: ROBERT D HOWER SUPERVISORY ~ISER-" IF ,""ED):
Sianature r Sinnature _ h , (gJ Did o Did Not
Name Robert o Hower/John'irMs'ttne, Assist Name R.tl'Bf! Ri D HOI1l1ER Inspect Property
Date Report Sianed March 01 , 2005 Date Reoort Sinned March 01 2005
State Certification # Assist to RL-3303 StatePA State CertificatiOn # RL-3303 State PA
Or State License # state Or State license # State
UNIFORM RESIDENTIAL APPRAISAL REPORT
Freddie Mac Form 70 6/93
PAGE 2 Of 2
Form UA2 - "TOTAL far Windows" appraisai sottware by a I. made, inc. -1-8OQ-ALAMODE
Fannie Mae Farm 1004 6-93
If!I, No. JGNJA34201 Paoe #51
Subject Photo Page
, ! Borrower/Client MARGARET L KELL
I Proaertv Address SR3006 BACK HOLLOW RD
i City BLAIN Couotv PERRY
i leader MARGARET L KELL
State PA
liD Code 17006
Subject Front
SR3006 BACK HOLLOW RD
Sales Price N/A
GlOSS living Area 1,020
Total Rooms 5
Total Bedrooms 2
T mal Bathrooms 0
location RURAL
VieW VALLEY
Srte 4 6 AC
Quality AVERAGE
Age 105
Subject Rear
Subject Street
form PICPIX.SR ~ "TOTAL tor Windows' appraISal software by a la mode, iac. ~ 1-800-ALAMODE
Ifile No. JGNJA342Ul paoe #bl
Subject Photo Page
I Borrower.:cIient MARGARET L KELL
Pro e Address SR3006 BACK HOLLOW RD
City BLAIN County PERRY
i, Lender MARGARET L KELL
State PA
ZIP Code 17006
Subject Front-BLOCK CABIN
SR3006 BACK HOLLOW RD
S(lles Price N/A
Gross Uv'mg Arfl3 1,020
Tatal Rooms 5
T atal Bedrooms 2
Total Bathrooms 0
Location RURAL
View VALLEY
Srte 46 AC
Quality AVERAGE
Age 105
THIS CABIN WAS GIVEN
10,000 IN THE GRiD AREA
2ND CAMP ON SAME
PARCEL OF LAND
Subject Rear
" )
Subject Street
Form PICPIXSR - "TOTAL for Windows. appraisal software by a la mode, inc, - 1-800-ALAMODE
IFile No JGfW\34201 Piae #71
Subject Photo Page
i Borrower/Clien! MARGARET L KELL
I Property Address SR3006 BACK HOLLOW RD
i CrIY BLAIN County PERRY
i Lender MARGARET L KELL
State PA
ZIP Code 17006
Subject STREAM
SR3006 BACK HOLLOW RD
Sales Price Nf A
Gross Liv'rng Area 1,020
Total Rooms 5
Total Bedrooms 2
Total Birthrooms 0
Locirtlon RURAL
View VALLEY
S~e 4 6 AC
Quality AVERAGE
Age 105
Subject WELL PUMP
T
-
'!........-..,
~
Subject OUT HOUSE
form PICPIXSR - 'TOTAL for Windows" appraisal software by a ia mode, Inc, - HOO-ALAMODE
IFiliUNO JGNjA34261 Paoe #81
Comparable Photo Page
Borrowertlient MARGARET L KELL
Property Address SR3006 BACK HOLLOW RD
Crty BLAIN County PERRY
Ilender MARGARET L KELL
State PA
lip Code 17006
--l
I
i
Comparable 1
249 KISTLER ROAD
Pro,. to Subject 1223 miles
Sale Prrce 112,000
Gross Living Area 1.446
Mal Rooms 5
Mal Bedrooms 3
Total Bathrooms 1
Location SIMILAR
View SIMILAR
5~e 425 AC
Ouality SIMILAR
Age 50+1-
Comparable 2
265 LANDISBURG ROAD
Prox. to Subject 15 13 miles
Sale Price 87,900
Gross Living Area 1,050
Total Rooms 8
T ota! Bedrooms 3
Total Bathrooms 1
Location SIMILAR
View SIMILAR
Sb 843AC
Ouality SIMILAR
Age 51 +/-
Comparable 3
2620 POLLYANNA ROAD
Prox. to Subject 2521 miles
SalePrrce 115,000
Gross living Area 1.408
Total Rooms 5
Total Bedrooms 3
10tal Bathrooms 1
Location S I MILAR
View SIMILAR
SITe 5.63 AC
Ouality SIMILAR
Age 51+/-
Form PICPIX,CR ~ "TOTAL for Windows" appraisal software by a la mode, inc. - 1-80Q-ALAMOOE
Iflle No. JGNJA34201 Paoe #91
Location Map
Borrower/Client MARGARET L KELL
Pro""'" Address SR3006 BACK HOLLOW RD
C;r, BLAIN Countv PERRY State PA ZID Code 17006
lender MARGARET L KELL
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form MAP.LOC - 'TOTAL for Windows' 81lpraisal sottware by ala roodt. inc. -HOO.ALAMOOE
IFile No JGNJA34201 Paae #101
Flood Map
Barrower/Cllent MARGARET L KELL
Prooertv Address SR3006 BACK HOLLOW RD
Citv BLAIN Caunlv PERRY state P A lia Code 17006
Lender MARGARET L KELL
e
I nterFlood$."mod<'
www.loterftoO<1.com. 1-800-252-6633
Prepared for:
Robert Hower & Associates
SR3006 BACK HOLLOW RD
BLAINE, PA 17006
ZONEC
o~
\
~ ...0
FLOODSCAPE
FlOOd Hazards Map
------ .
For more informJtion about
flood IOnK ilnd flood
ins\nhCe. contact:
Powtred bv FJoodSouroe.
877.77.FlOOD
~_.tloodS~~:~~~.../
m 1f1Og.2OIM SourcePro~e ..ndIor F)oodSouree Corponn:lons. J<< rights ...:s:_rved. P3I'1tFW$ 8.1531.328 3ftd 8,818.1515. au*, pc_as ~f'ld\t'Jg. For Info: InfoOftoodsouree.com.
Farm MAP.FLOOD - 'TOTAL for Windows' appraisal software by a Ia roode, inc. - 1-800-ALAMOOE
IFfleNO:JGNJAWO!Pao,.iTll
DEFINITION OF MARKET VALUE: The most probable price which a Pfoperty should bring in a competitive and open market under all conditions
requislle to a fair sale, the buyer and seller, each acting 1>f1JdedIy, knowledgeably and assuming the price Is not affected by undue stimulus. Implicll in this
OOfinition is the consummation of a sale as of a specified daft and the passing of IiIIe from seller to buyer under conditions whereby: (1) buyer and seller are
typicaily motivaftd; (2) both parties are well informed or well advised, and each acting in what he considers his own besf Interest; (3) a reasonable time is a""wed
for eJqlOsure in the open market; (4) payment is made in terms of cash in U.S. dollars or in terms of financial arrangements comparable thereto; and (5) the price
represents the norma consideration for the property sold unaffected by special or creative financing or sales concessions* granted by anyo'" associated with
the sale.
. Adjustments to the comparables must be made for speciai or creative financing or sales concessions. No adjustments are recessary
for those costs which are normally paid by sellers as a result of tradition or law in a mall<et area; these costs are readily identifiable
since the seller pays these costs in virtually ail sales transactions. Speciai or creative financing adjustrren\s can be made to the
comparable property by comparisons to financing terms offered by a third party instiMional lender 1hat is not a~eady Invowed in the
property or transaction. Any adjustment should not be caiculated on a mechamcal dollar for dollar cost of the financing or concession
but the dollar amoUlt of any adjustment should apPfOximate the met's reaction to the financing or concessions based on the
appraiser's judgement
STATEMENT OF LIMITING CONDITIONS AND APPRAISER'S CERTIFICATION
CONTINGENT AND LIMITING CONDITIONS: The appraiser's certification 1hat appears In the appraisal report is subject to the foiklwing
conditions:
1. The appraiser will not be responsible for matiers of a legal nature 1hat affect either the property being appraised or the IiIIe to II. The appraiser assumes 1hat
the IiIIe is good and melable and, \heretore, will not render any opinions about the 1iIIe. The property Is appraised on the basis of II being under responsible
ownership.
2. The appraiser has provided a sketch in the apPfaisal report to show approximate dimensions of the improverrents and the sketch is inciuded only to assist
the reader of the report in visualizing the property and understanding the appraiser's determination of Us size.
3. The appraiser has examined the available flood maps 1hat are provided by the Federal Emergency Managerren\ Agency (or other data so..ces) and has noted
in the appraisal report whether the subject sde is Iocafsd in an Identified Special Rood Hazard Area. Because the appraiser is not a surveyor, he or she makes
no guarantees, express or implied, regarding this determination.
4. The appraiser win not give testimony or appear in court because he or she made an appraisal of the property in question, unless speed~ arrangements fa do
so have been made beforehand.
5. The apPfaiser has estimated the valoo of the land in the cost approach at Its trighest and best use and the improvements at their conbibutury value. These
separate valuations of the land and improvements must not be used in conjunction with any other appraisal and are invalid d they are so used.
6. The appraiser has noted in the appraisal report any adverse conditions (such as, needed repairs, depreciation, the presence of hazardous wastes, toxic
substances, etc.) observed during the inspection of the subject property or 1hat he or she became aware of during the normal research invotved in pertorming
the iIllpraisal. Unless otherwise slatetI in the appraisal ",port, Ihe appraiser has no knowledge of any liddon or ""iIllparen\ conditions of the property or
adverse environmental conditions (including the presence of hazardous wastes, toxic substances, etc.) 1hat would make the property more or less valuable, and
has assumed 1hat \here are 00 such conditions and makes no guarantees or warrantieS, express or impled, regarding the condition of the property. The
iIllpraiser will not be responsible for any such conditions that do exist or for any engineering or testing that might be required to discover whether such
conditions exist. 8ecause the appraiser is not an expert in the field of environmental hazards, the appraisal report must not be considered as an
environmental assessment of the property.
7. The appraiser obtai",d the intormation, estimates, and opinions 1hat were expressed in the appraisal report from sources that he or she considers to be
reliable and beDeves them to be true and correct. The iIllpraiser does not assume responsibility for the accuracy of such dems that were furnished by other
parties.
8. The iIllpraiser wiD not disclose the contents of the appraisal report except as provided for in the Undorm Standards of Professional Appraisal Practice.
g. The appraiser has based his or her appraisal report and valuation conclusion for an apPfaisai 1hat is subject to satistactory complelion, repairs, or
alterations on the assumption that complelion of the improvements will be pertormed in a woll<manlike manner.
10. The appraiser must prOVide his or her prior written consort bolore the Iender/cDent speedied in the appraisal report can distribulo the appraisal report
(Including conclusions about the Pfoperty value, the appraiser's identity and professional designations, and references to any professional iIllpralsal
organizations or the firm wllh which the appraiser is associated) to anyo'" other than the borrower; the mortgagee or Its successors and assigns; the mortgage
insurer; consuDanls; professional appraisal organizations; any state or federally approved financial instiMion; or any departrrenl, agency, or instrumentafdy
of the Unded States or any state or the District of Coklnbia; except 1hat the lender/client may distribulo the property description section of the report only to data
collection or reporting service(s) wllhaut having to obtain the appraiser's prior written consent. The appraiser's written consent and approval must a~o
be oblai",d before the iIllpraisal can be conveyed by anyone to the public It<ough advertising, public relations, _s, sales, or other media.
Freddie Mac Form 439 6-93
Page1of2
Fannie Mae Form 1oo4B 6-93
Robert D. Hower
c:n..,.. "'('1) _lITmAI 4nr\Alin.4nll",1 'JInnI"liC''Jlcl'lfhil'JIl'II hll '" h ........~1Ill i..... _1JtM..AI AU(\l'\!:
Wile No JGNJA34201 Paoe #121
APPRAISER'S CERTIFICATION: The Appraiser certifies and agrees that:
1. I have researched the subject market area and have selected a minimum at three recent sales at properties most similar and pro~mate to the subject property
far consideration in the sales comparison analysis and have made a dollar adjustment when appropriate to reflect the mar1<et reaction to those items at signWlcant
variation. W a signif~ant m in a comparab~ property is superior to, or more lavorab~ than, the sooject property, I have made a negative adjustment to reduce
the adjllS\ed sales price of the comparab~ and, W a signW~ant m in a comparab~ property Is inferior to, or less favorab~ than the subject property, I have made
a positive adjustment to increase the adjllS\ed sales price at the comparab~.
2. i have taken into consideration the factors that have an impact an value In my development at the estimate at mar1<et value in the appraisal report. I have not
koowingly withheld any significant information Irom the appraisal report and I believe, to the best at my know~dge, that all statements and information in the
appraisal report are true and correct.
3. I stated in the appraisal report only my own personal, unbiased, and professional analysis, opinions, and conclusions, which are subject only to the contingent
and imlting condltioos specified in this lorm.
4. I have no present or prospective interest in the property that is the subject to this report, and I have no present or prospective personal interest or bias with
respect to the p~ipants in the transaction. I did not base, either partially or complelely, my anaIys~ andIor the estimate at mar1<et value in the appraisal report
an the race, color, religion, sex, handicap, lamifial staIus, or national origin at either the prospective owners or occupants at the subject property or at the present
owners or occupants of the properties in the vicinity of the sooject property.
5. I have no presen or contemplated tuture interest in the subject property, and neither my curren! or luture employment nor my compensation lor pertorming this
appraisal is contingent on the appraised value at the property.
6. I was not required to report a predetermined value or direction in value that lavors the cause at the client or any rela1ed party, the amount at the value estimate,
the attainment at a specWic resul, or the occurrence at a subsequent event in OTder to receive my compensation and/or employment lor pertOfffiing the appraisal. I
did not base the appraisal report on a requested minimum valuation, a specWit valuation, or the need to approve a specn~ mortgage loan.
7. I performed this appraisal In conformity with the Unitorm Standards of Professional AppraiSal Practice that were adopted and promulgated by the Appraisal
Standards Board at The Appraisallilundation and that were in place as aI the elfective date of this appraisal, with the exception of the departure provision of those
standards, which does not apply. I acknowledge that an estimate of a reasonab~ time lOT exposure in the open mal1<el is a condition in the delfnltion at mal1<el value
and the estimate I developed is consistent with the mar1<eIing time noted in the neighllOfhood section at this report, unless I have otherw~e stated In the
reconciliation section.
8. I have personally inspected the interior and exterior areas of the subject property and the exterior of all properties Usled as comparables In the appraisal report.
I further certWy that I have noted any apparent or known adVerse conditions In the subject improvements, on the subject sne, or on any sne within the immediate
vicinity of the subject property at which I am aware and have made adjustments lor these adverse conditions In my analysis at the property value to the extent that
I had market evidence to support them. I have also commented about the elfect at the adVerse conditions an the marketability of the subject property.
9. I personaJly prepared aD conclusions and opinions aboLt the real estate that were set Imth in the appraisal report. W i relied on significant professional
assistance from any individual or individuals In the perlormance of the appraisal or the preparation of the appraisal report, I have named such Individual(s) and
disclosed the specnlc tasks perlorrned by them In the reconciliation section of this appraisal report. 'certWy that any individual so named is qualified to perlorm
the tasks. I have not authorized anyone to make a change to any Item In the report; therefore, W an unauthorized change is made to the appraisal report, I win lake
no responsibility for ~.
SUPERVISORY APPRAISER'S CERTIFICATION: W a supervisory appraiser signed the appraisal report, he OT she certifies and agrees thai:
I directiy supervise the appraiser who prepared the appraisal report, have reviewed the appraisai report, agree with the statemenIs and conclusions of the appraiser,
agree to be bound by the appraiser's certifications numbered 4 through 7 above, and am taking fuU responsibility tOT the appraisal and the appraisal report.
ADDRESS OF PROPERTY APPRAISED: SR3006 BACK HOLLOW RD, BLAIN, PA 17006
APPRAISER:
SUPERVISORY APPRAISER (onl, If required):
S~narure: .,~ ~ II
Name: Ro'~ HOW '
Date Signed: March 01, 2005
State Certification #: RL -3303
or State L~ense #:
State: PA
Expiration Date of Certnication or License: 6/30/05
S. .~, "-, , -.-, ~
Ig,~,ure., ~ t (:.. j . .
Name: RobertO Hower/Jolin 1! , Assist
Date Signed: March 01, 2005
State Certification #: Assist to RL-3303
or State License #:
State: PA
Expiration Date of Certification or License:
cgJ Did
o Did Nof Inspect Property
Freddie Mac Form 439 6-93
Page 20f 2
Fannie Mae Iilrm 1oo4B 6-93
Farm ACR - 'TOTAL for Windows' appraisal software by ala mode, Inc. -1-800-ALAMODE
IFile No JGNJA34201 Paoe # 131
MULTI-PURPOSE SUPPLEMENTAL ADDENDUM
FOR FEDERALLY RELATED TRANSACTIONS
Borrower/Client MARGARET L KELL
Prooertv Address SR3006 BACK HOLLOW RD
City BLAIN CoUnlv PERRY State PA Zip Code 17006
Lender MARGARET L KELL
Robert D. Hower
This Mum-purpose Supp~mental Addendum for Federal~ Related Transactions was designed to provide the appraiser with a convenient way to comp~ with the current
appraisai standards and requirements of the Federal Depos.lnsurance Corporation (FDIC), the Office of the Comptrol~r of Currency (OCC), The Office of Thrift
Supervision (OTS), the Resolutio<l Trust COf]lOfatioll (RTC), and the Federal Reserve.
This Multi-Purpose Supplemental Addendum is lor use with any appraisal. Only those
statements which have been checked by the appraiser apply to the property being appraised.
0 PURPOSE & FUNCTION OF APPRAISAL
The purpose of the appraisal is to estima\t the market value of the subject property as defined herein. The function of the appraisal is to assist the above-named
Lender In evaluating the subject property for lending purposes. This is a federai~ related transaction.
0 EXTENT OF APPRAISAL PROCESS
0 The appraisal is based on the information gathered by the appraiser from pubiic records, other identnied sources, inspection of fhe subject property and
neighborhood, and selection of comparab~ sa~ wiIt1inthe subject mar'Ket area. The original source of the comparab~ is shown in the Data Source section
of the market grtd along with the source of confinmafion, IT availab~. The original source is presenfed first. The sources and data are considered reliab~.
When conflicting information was provided, the source deemed most reHab~ has been used. Data believed to be unreliab~ was not included in the report nor
used as a basis for the value conciusion.
0 The Reproduction Cost is based on MARSHALL & SWIFT REPRODUCTION COST
supplemented by the appraiser's kno~ge of the local mar'Ket.
0 Physical depreciation is based on the estimated effecttve age of the subject property. Functional and/or external depreciation, IT presenf, is specITical~
addressed in the appraisal report or other addenda. In estimating the s"' value, the appraiser has relied on personal know~dge of the local market. This
know~e is based on prior and/or current ana~sis of s", sa~ and/or abstraction of s"' values from sa~ of improved properties.
0 The subject property is located in an area of primari~ owner-occupied sing~ family residences and the Income Approach Is not considered to be meaningful.
For ttis reason, the Income Approach was not used.
0 The Estimated Market Renf and Gross Renf Mumplier utilized in the Income Approach are based on the appraiser's know~dge of the subject market area.
The rental know~dge is based on prior and/or current rental rate surveys of residermal properties. The Gross Rent Mumplier is based on prior and/or currenf
analysis of prices and market rates for residential properties.
0 For income producing properties, actual rents, vacancies and expenses have been reported and analyzed. They have been used to project future rents,
vacancies and expensos.
0 SUBJECT PROPERTY OFFERING INFORMATION
According to PUBliC RECORD the subject property:
o hasnotbeenJ1lf"ftd for sale in the past: o 30 days o 1 year o 3 years.
o iH~forsalefor$
o w.as~ for sa~ within the past: o 30 days o 1 year o 3 years for $
o Offering information was considered in the final reconciliation of value.
o Offering information was not considered In the final reconciliation of value.
o Offering information was not availab~. The reasons for unavailabilITy and the steps taken by the appraiser are explained later in this addendum.
0 SALES HISTORY OF SUBJECT PROPERTY
According to THE COURTHOUSE RECORDS the subject property:
0 Has not transterred o in the pas! twelve months. o in the past thirty-six months. o In the past 5 years.
0 Has transferred o In the past twelve months. o In the past thirty-six months. o in the past 5 years.
0 All prior sales which have occurred in the past are listed below and reconcl~d to the appraised value, either In the body of the report or In the addenda.
Date SaI.. Prtee Dae....n' 1# Sell.r 8UYe.
0 FEMA FLOOD HAZARD DATA
0 Subject property is not located in a FEMA Special flood Hazard Area.
0 Subject property ~ in a FEMA Special Flood Hazard Area.
loa. FEMA Map!Piilne. #I Map Date I.... of COWlmunlty
C 4219520015B 10/15/85 JACKSON TOWNSHIP-PERRY COUNTY
0 The communffy does not oartlcloate In the National Flood Insurance Program.
0 The communITy does participate in the National Flood Insurance Program.
0 ~ is covered by a reglliir program.
0 It is covered by an emeraency program.
Page1of2
Form MPA3 - 'TOTAL for Windows' appraisal software by a la mode, inc. -1-8OD-ALAMODE
IFlle No. JGNJA34201 Pao. #141
r>:;] CURRENT SALES CONTRACT
r>:;] Tt-. subject property is ~not under contract.
0 Tt-. contract and/or escrow instructons \'ifle_rnl~~olLOVID\'. The unavailability of the conhact is explained later in the addenda section.
0 The cor'ltract and/or escrow instructions wmleviewed. The following summarizes the corrtract
Contract Date Amendment Date Contract Price SIllier
0 The contract indicated that personal property \\'M.not included in the sale.
0 The contract indicated that personal property was inciuded. ~ consisted of
0 Estimated conhibutory value is $
Personai property \'ill. not i~ in the tinal value estimate.
0 Personal property was included In the final value estmate.
0 The contract indicated oo..nn~~si2ns or other incentives.
0 The contract indicated ~_~rn; Of incenlives:
0 If concessions or illCentNes exist, the comparab)es were checked tor similar concessions and appropriate adjustments were made, ff applicable, so
that the final value conclusion is in compliance w~h the Market Value defined herein.
r>:;] MARKET OVERVIEW Inctude ,n expl,nollon of current m'rtlel condftlono ,nd lrendo.
3-6 months is considered a rO<lSonab~ marketing periOd for the subject property based on MULTi-LIST RECORDS
.
r>:;] ADDITIONAL CERTIFICATION
The Appraiser certifieS and agrees that:
(I) The analyses. opinions and conclusions were developed. and this report was prepared. in contormity with the Unfform Standards of Professionai
Appraisat Practice ('USPAP'), except that the Departure Provision of the USPAP does not apply.
(2) Tt-.ir compensaton is not conhngent upon the reporting of predetenmined value or direction in vaiue that favors the cause of the client, the amount
of the value estimate, the attainment of a stipulated res~, or the occurrence of a subsequent event.
(3) This appraisal assignment was not based on a requested minimum valuaton. a speeffic valuaton, or the approvai 01 a loan.
r>:;] ADDITIONAL (ENVIRONMENTAL) LIMITING CONDITIONS
The value estmated is based on the assumption that the property is not negatively affected by the e~slence of hazardous substances or detrimental
environmental conditions unless otherwise stated in this report. 1t-. appraiser Is not an expert in the identification of hazardous substances or detrimental
environmentai conditions. Tt-. appraiser's routine inspection of and inquiries about tt-. subject property did not develop any intonmation that indicated
any apparent significant hazardous substances or detrimental environmental conditions which would affect the property negatively unless otherwise stated
in this report. ~ is possib~ that tests and inspections made by a qualffied hazardous substance and environmental expert would reveat the e~stence of
hazardous substances or detrimental environmental conditions on or around the property that would negatively affect its vat"".
0 ADDITIONAL COMMENTS
r>:;] APPRAISER'S SIGNATURE & LICENSE/CERTIFICATION
-, ,
Appraiser's SignatlJre M__ . .( ,.:~;~b'~'~L Effective Oate 02121/05 Oate Prepared March 01. 2005
Appraiser's Name (print) Robert D Hower/John B Anstine. Assist Phone # 717-436-8200
State PA o License r>:;] Cert"icatioo# Assist to RL-3303 Tax ID #
r>:;] CO-SIGNING APPRAISER'S CERTIFICATION
r>:;] The co-signing appraiser ~~Q!!i!J)y rnmd the subject property, both inside and out, and has made an exterior Inspection of all comparab~ sales
listed in the report. The report was prepared by the appratser under direct supervision of the co-signing appraiser. The co-signing appratser accepts
responsibility for the contents of the report including the value conclusions and the limiting conditions. and continms that the certifications apply
fully to the co-signing appraiser.
0 The co.signing appraiser ~~ the interior of the subject property and:
0 has not inspecmd the exterior of tt-. subject property and all comparab~ sales listed in the report.
0 has if!;~~ the exterior of the subject property and all comparab~ sa~s Usled in tt-. report.
r>:;] The report was prepared by the appraiser under direct supervision of tt-. co-signing appraiser. The co-signing awratser accepts responsibility fOf the
contents of the report, including the vaklo conclusions and the limiting conditions, and contirms that the certffications apply fully to the co-signing
appraiser wnh the exception of the certification regarding physicai inspections. The above describes the ~vel of inspection pertOfrned by the
co-signing appraiser.
0 The co-signing appraiser's level of inspection, involvement in the ~praisal process and certification are covererl elsewhere in the addenda section
01 this appraisal.
r>:;] CO-SIGNING APPRAISER'S SIGNATURE & LICENSE/CERTIFICATION
Co-Signing ~ U /L . Oate Prepared March 01 , 2005
AppraISer's Signal J EffectIVe Date 02/21/05
Co-Signing Appr 5Or's Name (print) ROBERT D HOWER Phone # 717-436-8200
State PA o License [8:J Certification # RL-3303 Tax 10 # 25-1813743
Page 20f 2
Form MPA3 - 'TOTAL for Windows" appraisal software by a la mode, inc. -I.BOO.ALAMOOE
IFlle No JGNJA34201 Paoe #151
Borrow.. MARGARET L KELL Fi~ No. JGNJA3420
P';''''.fuAddress SR30Q6 BACK HOLLOW RD
Cm. BLAIN COllntv PERRY state PA lio Code 17006
Lender MARGARET L KELL
APPRAISAL AND REPORT IDENTIFICATION
This appraisal carr/arms to l!D.l1 of the following definitions:
IZJ Complete Appraisal (The act or process of estimating value, or an opinion of value, pertormed without Invoking the Departure Rule.)
0 Limited Appralsal (The act or process of estimating value, or an opinion of value, pertormed under and resuiting from invoking the
Departure Ruie.)
This report is l!D.l1 of the fonowing types:
0 Sen Contained (A wrttten report prepared under Standards Rule 2-2(a) of a Complete or Limited Appraisal pertormed under STANDARD 1.)
IZJ Summary (A wrttten report prepared under Standards Rule 2-2(b) of a Complete or Limited Appraisal pertormed under STANDARD 1.)
0 Restricted (A wrttten report prepared under Standards Rule 2-2(c) of a Complete or Limited Appraisal pertormed under STANDARD 1,
restricted to the slated intended use by the specified client or intended user.)
Comments on Standards Rule 2-3
I cenny that, to the best of my koow~dge and belief:
o The statements of fact contained in this report are true and correct.
o The reporte;j analyses, opinions, and conclusions are Umired on~ by the reported assumptions and limiting conditions, and are my personal, impartial, and unbiased
professional analyses. opinions and conclusions.
o i have no (or the specdied) present or prospective interest in the property that is the subject of this report, and no (or the specdied) personal interest with respect to the
parties involved.
o I have no bias with respect to the property that is the subject of this report or the parties involved with this assignment.
o My e<1!lagement in this assignmenl was not conlingent upon developing or reporting predotermined resufts.
LJ My compensation tor comp~ng this assignment is not conlingent upon the development or reporting of a predetermined value or direction in value that favors the cause
of the client, the amount of the value opinion, the aHainment of a stipulated result, or the occunence of a subsequent even! dir~ related to the intended use of this appraisal.
o My analyses. opinions and conclusions were developed and this report has been prepared, in conformity with the Uniform Standards of Professional AppraiSal !'Tactice.
III have lor have not) made a personal Inspection of the property that is the subject of this report.
LJ No one provided signdicant real property appraiSal assistance to the person signing this cellification. (II there are exceptions, the name of each individual providing signdk:ant
real property appraisal assistance must be stated.)
Comments on Appraisal and Report Identification
Note any departures from Standards Rules 1-3 and 1-4, plus any USPAP-related issues requiring disclosure:
APPRAISER: SUPERVISORY ZE:;"J '~:8dl:
-, f' ,/' ~., Signature: ,/ L A
Signature: , hJ..:~ -', l j c.:_~~
Name: Robert 0 HoVier/John B Anstine. Assist Name: ROBER.1'D OWER
Date Signed: March 01 2005 Date Signed: March 01 , 2005
state Cellification #: Assist to RL-3303 state Certdication #: RL-3303
or state License #: or state License #:
state: PA state: PA
Expiration Date of Certdk:ation or License: Expiration Date of Gertdication Of License: 6/30/05
IZJ Old o Did Not inspect Property
Robert O. How..
Form 105 - 'TOTAL for Windows' appraisal software by a Ia mode, inc. -1-BOO-ALAMODE
Borrower/Client MARGARET L KELL
PrOnf!r1v Address SR3006 BACK HOLLOW RD
Citv BLAIN Crnmlv PERRY State PA Zin Code 17006
Lender MARGARET L KELL
Supplemental Addendum
IflleNo JGNJA34201 Paoe#161
A~ No JGNJA3420
ON THE DATE OF INSPECTION iT WAS RECORDED ON THE PUBLIC RECORD THE SUBJECT DID NOT HAVE A
BATHROOM. COMPS WERE ADJUSTED -2,500.
IT IS NOTED HERE THAT THE GROOS ADJUSTMENT HAD BEEN EXCEEDED ON COMP #1 DUE TO INSUFFiCIENT
DATA
Form TADD - "TOTAL lor Windows' appraisal software by a Ia mode, inc. -1.80IJ..ALAMODE
Glenda Farner Strasbaugh
Register of Wills
and
Clerk of Orphans' Court
Marjorie A. Wevodau
First Deputy
Kirk S. Sohonage, Esq
Solicitor
Register of Wills and Clerk of the Orphans' Court
County of Cumberland
One Courthouse Square
Cariisle, PA 17013
(717) 240-6345
FAX (717)240-7797
INVOICE
Bill To:
InvoiceNo:
Invoice Date:
Estate of:
Estate No:
310
4/12/2005
MARGARET KELL
21-04-0652
LOUIS T, GLANTZ, ESQ.
1901 E, COLLEGE AVE,
JA
STATE COLLEGE, PA 16801
105,00
Total
$105,00
Qty
1
Fee Description
Additional Probate
Fee
Total:
$105.00
Checks should be made payable to the Register of Wills. Terms: Net 30,
Please return one copy of this invoice with your payment. Thank you.
Glenda Farner Strasbaugh
Register of Wills
and
Clerk of Orphans' Court
Marjorie A. Wevodau
First Deputy
Kirk S. Sohonage, Esq
Solicitor
Register of Wills and Clerk of the Orphans' Court
County of Cumberland
One Courthouse Square
Carlisle, PA 17013
(717) 240-6345
FAX (717)240-7797
INVOICE
Bill To:
InvoiceNo:
Invoice Date:
Estate of:
Estate No:
310
4/12/2005
MARGARET KELL
21-04-0652
LOUIS T. GLAN1Z, ESQ.
1901 E. OOLLEGE AVE.
JA
STATE OOLLEGE, PA 16801
105.00
Total
$105.00
Qty
1
Fee Description
Additional Probate
Fee
Total:
Kj
v=#=:- 2 / 2-35
$105.00
CJ
Checks should be made payable to the Register of Wills. Terms: Net 30.
Please return one copy of this invoice with your payment. Thank you.
Register of Wills or Cumberland County
STATUS REPORT UNDER RULE 6.12
Name of Decedent: (f)/Jr1orf?f L . Kel-L-
Date of Death: 7- r - ;{ (){) '-f
Estate No.: 0< J - () if - tJ & h- )..
Pursuant to Rule 6.12 of the Supreme Court Orphans' Court Rules, I report the following
with respect to completion of the administration of the above-captioned estate:
1. State whether administration of the estate is complete:
Yes 0 No ~
2. If the answer is No, state when the personal representative reasonably believes that
the a~stration will be cOlnp1et:: Dcoe,\\hol:J. DO (p. A/AJ(lJ hfl~ fo,upteh (}Y1
01- 6U(V~ oP 'Rrf'" L'OUVl.J..4. i)V-O.pt>(L..., bw /J..IU t+OV ord
3'. If the answer to No.1 is Yes, state the fol!o~g: . J ,..)
a. Did the personal representative file a final account with the Court?
Yes 0 No 0
b. The separate Orphans' Court No. (if any) for the personal representative's
account is:
c. Did the personal representative state an account informally to the parties in
interest? Yes l2{l No 0
c. Copies of receipts, releases, joinders and approval offonnal or informal
accounts may be filed with the Clerk of the Orphans' Court and may be
attached to this report_ "7:.><'"-<"- G\ +\-c<'c~Qd
Date:~ "-IV(LtJt)JLL a. J-MJ~~
Signature
M Ii IX C 1('1 A Fill) k e J 5 t-e) rI
Name
1804 York LD~lc..
Address
(711) qD3~J67_t)
Telephone No.
l-litVVi5 !?Clf'9 ' ~
/l11D
... ',1 ' ,"
I'~I J . '"..' i 0
Capacity:
BZl Personal Representative
o Counsel for personal representative
, I" .,;'_ .J__
/1"" ,
/ ! ':Jy
1 ("
~ .
FAMILY AGREEMENT-WAIVING FILING OF ACCOUNT
This Agreement entered into this H rl day of H t{ I I , 20 0 '>;-'by and between
Marcia Finkelstein and Frances Y ohe, in their capacities as o-E~ecutors under the will dated
December 10, 2001 and Codicil dated April 29, 2003 of Margaret L. KelI, Deceased, and Marcia
Finkelstein, Darwin KelI, Sr., Darwin Kell, Jr., Daphne Dorsey, Angela Lower, and Sara Lower,
residuary legatees of the estate. For purposes of this agreement, when they are referred to in their
fiduciary capacity, the term 'Executors' will be used and, when they are referred to in their
individual capacities, they will be referred to by their first names.
BACKGROUND
l.Margaret L. Kell, ("Decedent") died on July 9, 2004, a resident of Cumberland County,
leaving a will dated December 10, 2001 and Codicil dated April 29, 2003.
2. Decedent's will was admitted to probate by the Register of Wills of Cumberland
County on0li.1 t t '3 ,20 D ~;and letters testamentary were issued to Marcia Finkelstein and
Frances Y ohe as a-Executors.
3. In her will, Decedent named Marcia Finkelstein, Darwin Kell, Sr., Darwin Kell, Jr.,
Daphne Dorsey, Angela Lower, and Sara Lower as the sole residuary legatees.
4. The executors advertised the grant of letters Testamentary, prepared and filed an
Inventory and Appraisement of Decedent's property and prepared and filed a Pennsylvania
Inheritance Tax Return and federal and state income tax returns and paid the appropriate taxes
thereon.
5. The executors have paid all the general legatees and all the taxes, debts and expenses
of the estate known to them, and they have no knowledge of any unpaid claims, absulute or
contingent, which may be asselied against the estate nor do they have any reason to believe there
are any such claims.
6. The executors have distributed the net assets of the estate as follows: Probate and non-
probate distributions as set forth on Schedule J. Of the resude assets remaining, Darwin Kell Sf.
Will receive approximately $90,010.00 and Marcia Finkelstein will receive approximately
$114,743.00. The amounts to Darwin Sr. and Marcia will be increased or reduced by estate
income or expenses, including income and inheritance taxes not already listed on the Pa.
Inheritance Tax Return.
7. The Inheritance Tax Return reflects all estate receipts, disbursements and distributions
and is attached hereto as Exhibit A.
8. Both Marcia Finkelstein and Frances Yohe desire that this Family Agreement make
unnecessary the filing an accounting in the Orphans' Court Division of the Court of Common
Pleas of Cumberland County.
NOW THEREFORE, intending to be legally bound, the parties do hereby:
1. Wai ve the filing of an account of the admi nistration of the estate in any court;
2. Declare that the undersigned has examined the attached inheritance tax return and
inventory of the executors; finds it to be true and correct in all particulars; accept and approve it
with the same force and effect as if it had been prepared and filed with, audited, adjudicated and
confirmed absolutely by a court of competent jurisdiction; and as if the balance of principal and
income had been awarded by the Court in accordance with the statement/schedule of distribution;
3. Warrant that the beneficiaries named in the informal account and statement/schedule of
distribution are the sole remaining parties in interest in the estate and entitled to receive the entire
distribution thereof in accordance with the informal account and Statement/Schedule of
Distribution;
4. Warrant that the undersigned know of no outstanding and unsatisfied claims against the
estate;
5. Approve the distribution of the balance of principal and income shown in the informal
account and statement/schedule of distribution to the persons set forth therein;
6. Absolutely and irrevocably release and discharge the executors, and their heirs,
personal representatives, successors and assigns of and from any and all actions, liabilities,
claims and demands relating in any way to their administration of the estate and distribution in
accordance with the informal account and statement/schedule of distribution and without a court
accounting and adjudication;
7. Agree to refund to the executors any amount of the undersigned's distribution which
exceeds the amount to which the undersigned are entitled as the executors shall determine;
8. Agree to indemnify and hold harmless, the executors, and their heirs, personal
representatives, successors and assigns, from and against any claims, liabilities, loss or expense
(including costs and counsel fees) arising from any cause whatsoever, which the executors may
incur as a result of the administration of the estate and its distribution in accordance with this
agreement including, but not limited to, any liability for any federal estate taxes, Pennsylvania
Inheritance tax or any other death taxes, and any federal or Pennsylvania income taxes, and
Pennsylvania personal property taxes, together with any interest and costs incidental thereto,
relating in any way to the estate and also including, but not limited to, any assets received or
payments or distributions made by reason of any negligence or mistake of law or fact.
Wi
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Date; If. Y . O'S
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FAX COVER SHE]~:'T
Communications Division
11400 Tomahawk Creek Park' ~i ay
Leawood, KS 66211-~~,572
Office Phone: (913) 906-6000, Ext. .s";I;;l.~
W ATS Line: (800) 274-~~,2:37
Fax Number: (913) 906-6:189
Comments, Special Instructions:
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04/08/2005 02:53 FAX 7172331668
Dated: if !,oS-
Witness:
Witness:
Witrtess:
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Witness:
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ED FINKELSTEIN
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Beneficiary
BE:nefic::iary
:Benet'iciary
Beneficiary/Bx.ec'Utor
Executor
04/07/2005 21:58 FAX 703 833 2582
SRA FINANCE
14I 001/002
8M
INTERNATIONAL, INC
FACSIMILE TRANSMITTAL SHEET
Mom
FROM:
Sara Lowet
TO:
FAX NuMBRR:
717-233-1668
!>ATEl
4/8/2005
101,u. NO. OF PAGES INCLUDING COVER:
2
COMPANY:
PHONE'NUMBER:
717-233-1667
SENDER'S TELEPHONe NUMBER:
703-502-7783
Signed Family Agreement
SE:NDBR.'S FAX NUMBER:
703-633-2592
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See attached.
nus c:~ n'\e$$. ~on contains inf'onnation &om SM In=tionaJ. Inc. wmeh ~y be confidcntisl, privileged or
propriet:uy. 'I'h.e infonnation is infended [Q be for the use of the individIml or entity' fta1Iled above. If you lite not th~ intended recipient,
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4350 FAIR LAKES COURT. FAIRFAX, VIRGINIA 22033
04/07/2005 21:58 FAX 703 833 2582
04/07/2005 21:38 FAX 7172331888
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Beneficiary
Beneficiary
Benef;ciary
Beneficiary
Beneficiary/Executor
E~ecutor
Cumberland County - Register Of Wills
One Courthouse Square
Carlisle, PA 17013
Phone: (71 7) 240 - 6345
Date: 5/31/2006
WILLIAMS NOVEL R
32 N 18TH ST
HARRISBURG, PA 17103
RE: Estate of SMITH ROSA LEE
File Number: 2004-00651
Dear Sir/Madam:
This notice is to serve as a reminder that the Status Report by
Personal Representative under Rule 6.12 is due on the below listed
date.
As per the AMENDMENTS TO SUPREME COURT ORPHANS' COURT RULES, NO. 103
SUPREME COURT RULES DOCKET NO. I, for decedents dying on or after
July I, 1992, the personal representative or his counsel, within two
(2) years of the decedent's death, shall file with the Register of
wills a Status Report of completed or uncompleted administration.
This filing lS due by:
7/05/2006
Please feel free to contact this office with any questions you may
have. If you have already filed your Status Report, please disregard
this notice.
Sincerely,
k~~p I ~..~ j ~~~w1. y~a;.f!
l~.'~ ~~"j.~"-' /_...... . --
Glenda Farner Strasbaug ~
Clerk of the Orphans' Court
cc: File
Counsel
Cumberland County - Register Of Wills
One Courthouse Square
Carlisle, PA 17013
Phone: (717) 240-6345
Date: 5/31/2006
YORE FRANCES
263 WALTON ST
LEMOYNE, PA 17043
RE: Estate of KELL MARGARET L
File Number: 2004-00652
Dear Sir/Madam:
This notice is to serve as a reminder that the Status Report by
Personal Representative under Rule 6.12 is due on the below listed
date.
As per the AMENDMENTS TO SUPREME COURT ORPHANS' COURT RULES, NO. 103
SUPREME COURT RULES DOCKET NO.1, for decedents dying on or after
July I, 1992, the personal representative or his counsel, within two
(2) years of the decedent's death, shall file with the Register of
Wills a Status Report of completed or uncompleted administration.
This filing is due by:
7/09/2006
Please feel free to contact this office with any questions you may
have. If you have already filed your Status Report, please disregard
this notice.
Sincerely,
I/J V 1~.L.._.l?
i~h~ v~UAJ~'~~
/' I
Glenda Farner Strasbaugh
Clerk of the Orphans' Court
cc: File
Counsel
Cumberlana COUULY - .,~::;----
One Courthouse Square
Carlisle, PA 17013
Phone: (71 7) 240 - 6345
Date: 5/31/2006
FINKELSTEIN MARCIA A
1804 YORK LANE
HARRISBURG, PA 17110
RE: Estate of KELL MARGARET L
File Number: 2004-00652
Dear Sir/Madam:
This notice is to serve as a reminder that the Status Report by
Personal Representative under Rule 6.12 is due on the below listed
date.
As per the AMENDMENTS TO SUPREME COURT ORPHANS' COURT RULES, NO. 103
SUPREME COURT RULES DOCKET NO. I, for decedents dying on or after
July I, 1992, the personal representative or his counsel, within two
(2) years of the decedent's death, shall file with the Register of
Wills a Status Report of completed or uncompleted administration.
This filing is due by:
7/09/2006
Please feel free to contact this office with any questions you may
have. If you have already filed your Status Report, please disregard
this notice.
Sincerely,
~~~
Glenda Farner Strasbaugh
Clerk of the Orphans' Court
cc: File
Counsel
STATUS REPORT UNDER RULE 6.12
Date of
Decedent · /J; a zrr- it /: cf. J} uL
Death. l)vJ't~' _;,2 {JO if
2 Ll O~ - (J r:J (L/.s. c:J. Admin. No.
d. J - () 4 -{J t s- '2
Name of
Will No.
Pursuant to Rule 6.12 of the Supreme Court Orphans'
Court Rules,I report the following with respect to completion of
the administration of the above-captioned estate:
1. State whether administration of the estate is complete:
Yes X No
2. If the answer is No, state when the personal
representative reasonably believes that the administration will be
complete:
3. If the answer to No.1 is Yes, state the following:
a. Did the personal representative file a final
account with the Court? Yes No
b. The separate Orphans' Court No. (if any) for
the personal representative's account is:
c. Did the personal representative state an
account informally to the parties in interest? Yes )( No
d. Copies of receipts, releases, joinders and
approvals of formal or informal accounts may be filed with the
Cerk of the Orphans' Court and may be attached to this report.
Date: ~} - J. 'f. ).tWt.
YH~ ti,~~_.
Signature
/V1ar6/tL A. hf)kr/Sfc-/"J
Name (Please type or print)
I g D4 '/ OILl'- Lu t\ G ~-ltJ (1': f}.. 1=1 \ \ 0
Address
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(111) qD3-Jbl~
Tel. No.
Capacity:
X Personal Representative
~ S. ;'~d ~ ~= J.~~jJ
Counsel for personal
representative
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FAMILY AGREEMENT-WAIVING FILING OF ACCOUNT
This Agreement entered into this ~ .rlv day of Jj E(' I I , 20 0 ;;~by and between
Marcia Finkelstein and Frances Yohe, in their capacities as o-E~ecutors under the will dated
December 10,2001 and Codicil dated April 29, 2003 of Margaret L. Kell, Deceased, and Marcia
Finkelstein, Darwin Kell, Sr., Darwin Kell, Ir., Daphne Dorsey, Angela Lower, and Sara Lower,
residuary legatees of the estate. For purposes of this agreement, when they are referred to in their
fiduciary capacity, the term 'Executors' will be used and, when they are referred to in their
individual capacities, they will be referred to by their first names.
BACKGROUND
l.Margaret L. Kell, ("Decedent") died on July 9, 2004, a resident of Cumberland County,
leaving a will dated December 10, 2001 and Codicil dated April 29, 2003.
2. Decedent's will was admitted to probate by the Register of Wills of Cumberland
County on 04.,( t t '3 , 20~and letters testamentary were issued to Marcia Finkelstein and
Frances Yohe as o-Executors. .
3. In her will, Decedent named-Marcia Finkelstein, Darwin Kell, Sr., Darwin Kell, Jr.,
Daphne Dorsey, Angela Lower, and Sara Lower as the sole residuary legatees.
4. The executors advertised the grant of letters Testamentary, prepared and filed an
Inventory and Appraisement of Decedent's property and prepared and filed a Pennsylvania
Inheritance Tax Return and federal and state income tax returns and paid the appropriate taxes
thereon. '
5. The executors have paid all the general legatees and all the taxes, debts and expenses
of the estate known to them, and they have no knowledge of any unpaid claims, absolute or
contingent, which may be asserted against the estate nor do they have any reason to believe there
are any such claims.
6. The executors have distributed the net assets of the estate as follows: Probate and non-
probate distributions as set forth on Schedule I. Of the resude assets remaining, Darwin Kell Sf.
YVill receive approximately $90,010.00 and Marcia Finkelstein will receive approximately
. $114,743.00. The amounts to Darwin Sr. and Marcia will be increased or reduced by estate
income or expenses, including income and inheritance taxes not already listed on the Pa.
Inheritance Tax Return.
7. The Inheritance Tax Return reflects all estate receipts, disbursements and distributions
and is attached hereto as Exhibit A.
8. Both Marcia Finkelstein and Frances Y ohe desire that this Family Agreement make
unnecessary the filing an accounting in the Orphans' Court Division of the Court of Common
Pleas of Cumberland County.
NOW THEREFORE, intending to be legally bound, the parties do hereby:
1. Waive the filing of an account of the administration of the estate in any court;
2. Declare that the undersigned has examined the attached inheritance tax return and
inventory of the executors; finds it to be true and correct in all particulars; accept and approve it
with the same force and effect as if it had been prepared and filed with, audited, adjudicated and
confirmed absolutely by a court of competent jurisdiction; and as if the balance of principal and
income had been awarded by the Court in accordance with the statement/schedule of distribution;
3. Warrant that the beneficiaries named in the informal account and statement/schedule of
distribution are the sole remaining parties in interest in the estate and entitled to receive the entire
distribution thereof in accordance with the informal account and Statement/Schedule of
Distribution;
4. Warrant that the undersigned know of no outstanding and unsatisfied claims against the
estate;
~~
5. Approve the distribution of the balance of principal and income shown in the informal
account and statement/schedule of distribution to the persons set forth therein;
6. Absolutely and irrevocably release and discharge the executors, and their heirs,
personal representatives, successors and assigns of and from any and all actions, liabilities,
claims and demands relating in any way to their administration of the estate and distribution in
accordance with the informal account and statement/schedule of distribution and without a court
accounting and adjudication;
7. Agree to refund to the executors any amount of the undersigned's distribution which
exceeds the amount to which the undersigned are entitled as the executors shall determine;
8. Agree to indemnify and hold harmless, the executors, and their heirs, personal
representatives, successors and assigns, from and against any claims, liabilities, loss or expense
(including cost~ and counsel fees) arising from any cause whatsoever, which the executors may
. incur as a result of the administration of the estate and its distribution in accordance with this
agreement including, but not limited to, any liability for any federal estate taxes, Pennsylvania
Inheritance tax or any other death taxes, and any federal or Pennsylvania income taxes, and
Pennsylvania personal property taxes, together with any interest and costs incidental thereto,
relating in any way to the estate and also including, but not limited to, any assets received or
payments or distributions made by reason of any negligence or mistake of law or fact.
Dated:
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FAX COVER SHEI:IT
Communications Division
11400 Tomahawk Creek Park'l.lay
Leawood, KS 66211-~~S72
Office Phone: (913) 906-6000, Ext. S;!;;""
WATS Line: (800) 274-~~237
Fax Number: (913) 906-(j )89
.
Date: tf. r. OS"
To: ~~
Company:
Fax Nwnber: '11 'I - ~ .3 3 -I /P~I
From:
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Comments, Special Instructions:
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04/08/2005 02;5~ FAX 7172331668
Dated: if" t-oS-
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ED FINKE:LSTEIN
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