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Home My WebLink About12-13-10 (2)J 15D5610143 REV-1500 EX (01-10) '~ i ~l OFFICIAL USE ONLY PA Department of Revenue pennsylvania County Code Year Bureau of Individual Taxes DEPARTMENT OF REVENUE PO 80X.280601 INHERITANCE TAX RETURN 21 10 Harrisburg, PA 17128-0601 RESIDENT DECEDENT File Number 0309 ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death 191 18 2558 03 13 2010 Decedent's Last Name MINICH (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name MINICH Spouse's Social Security Number Date of Birth O1 30 1924 Suffix Decedent's First Name MI NELSON I, Suffix Spouse's First Name MI CABBIE R THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW 1. Original Return ~ 2. Supplemental Return ~~ g. Remainder Return (date of death prior to 12-13-82) 4. Limited Estate ^ 4a Future Interest Compromise (date of death after 12-12-82) ~_~ 5. Federal Estate l-ax Return Required u 6' fAtta heCopy of WiII) to ^ ~• AttacheCopy Hof Trust)a Living Trust g, Total Number of Safe Deposit Boxes g, Litigation Proceeds Received ^ 1 ~• between 12 31 91 andt (datge5~f death ~~ 11 Election to tax under Sec. 9113(A) T (Attach Sch. O) CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number MICHAEL L BANGS 7 '1 7 ~ '~ n ~- ~ 'l n _ _ First line of address 429 SOUTH 18TH STREET Second line of address City or Post Office State ZIP Code CAMP HILL PA 17011 Correspondent's a-mail address: ~ ..~,. --r- t - c c REGISTER O LS USE ~LY ~- c~ :', ~~/` W ai C~~~ ~ ~~} =-1 .. ~ .::" _._. _ a~ N DATE F=ILED ~ x.~ --r-, _:~ ~:" ~~ r-*'i Under pe alties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it i tru correct and complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. URE OF PERSON S BLE FOR FILING RETURN DATE ~~~~ Kimberly L. Rhoades ,~~ ~,3 '/ 191 Union Hall Road, Carlisle, PA 17013 SI~GN/ATIURE OF PREPAR/ER OTH~R THAN ESENTATIVE DATE !~ `. , ., r.-.~ _,. Michael L. Bangs ~ !~ .. ,r ~ ADDRESS 429 South 18th Street, Camp Hill, PA 17011 Side 1 L 1505610143 1505610143 J J REV-1500 EX Decedent's Name: MInICh, Nelson L. Decedent's Social Security Number 191 18 2558 RECAPITULATION 803,139.45 1. Real Estate (Schedule A) ....................................................................................... 1. 2. Stocks and Bonds (Schedule B) ............................................................................. 2. !532, 832.42 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C)......... 3. 4. Mortgages & Notes Receivable (Schedule D) ........................................................ 4. 4, 082.98 5~ Cash, Bank Deposits 8~ Miscellaneous Personal Property (Schedule E) ............... 5. 83,174.56 6. Jointly Owned Property (Schedule F) ^ Separate Billing Requested............ 6. 7. Inter-Vivos Transfers 8 Miscellaneous coq Probate Property ^ Se arate Billin Re h l S d G t d 942 382.36 p g ques ............ ( c e u e ) e 7. , 8. Total Gross Assets (total Lines 1-7) ..................................................................... g, 2 '365 611.77 ~ • ~ 9. Funeral Expenses & Administrative Costs (Schedule H) ....................................... 9. 67,055.97 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) .............................. 10. 14,188.23 11. Total Deductions (total Lines 9 8 10) ................................................................... 11. 81, 2 4 4 .2 0 12. Net Value of Estate (Line 8 minus Line 11) .......................................................... 12. 2,:?84, 367.57 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) ............................................... 13. 14. Net Value Subject to Tax (Line 12 minus Line 13) ............................................... 14. 2, 284, 367.57 TAX COMPUTATION -SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or tr an1 ~ rXun~er Sec. 9116 ,r ~ ~ ~ ~ ~ 0 15 a O( ) ~ . . 16. Amount of Line 14 taxable 2 2 3 4 3 6 7 5 7 1 s at lineal rate X .045 . ~ ~ . 17. Amount of Line 14 taxable at sibling rate X .12 0 . 0 0 17. 18. Amount of Line 14 taxable at collateral rate X .15 0 • 0 0 18. 19. Tax Due .............................................. . - 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. 0.00 ;100,546.54 0.00 0.00 :100,546.54 Side 2 1505610243 150561243 155610243 J REV-1500 EX Page 3 rlnrnrlont~c ('_mm~lRatp ~rlflrP_SS_ File Number 21-10-0309 DECEDENT'S NAME Minich, Nelson L. _____ STREET ADDRESS 370 South Middlesex Road i CITY STATE ~?IP Carlisle PA 17015 Tax Payments and Credits: 1. Tax Due (Page 2, Line 19) 2. Credits/Payments A. Prior Payments B. Discount Total Credits (A + B) (~'-) 100,546.54 0.00 100,546.54 0.00 3. Interest (';) 4_ If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. (4) Check box on Page 2 Line 20 to request a refund 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) Make Check Payable to: REGISTER OF WILLS, AGENT. PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred :............................................................................... ^ ^ b. retain the right to designate who shall use the property transferred or its income :.........:........................ ^ ^ c. retain a reversionary interest; or .............................................................................................................. d. receive the promise for life of either payments, benefits or care? ............................................................ ^ ^ 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? .................................................................................................................... ^ ^ 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death?....... ^ ^ 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which ^ ^ contains a beneficiary designation? .................................................................................................................. IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. For dates of death on or after July 1, 1994 and before Jan. 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3 percent [72 P.S. §9116 (a) (1.1) (i)]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0 percent [72 P.S. §9116 (a) (1.1) (ii)]. The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: • The tax rate imposed on the net value of transfers from a deceased child 21 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 percent [72 P.S. §9116 (a) (1.2)]. . The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5 percent, except as noted in 72 P.S. §9116 1.2) [72 P.S. §9116 (a) (1)]. . The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12 percent [72 P.S. §9116 (a) (1.3)]. A sibling is defined under Section 9102, as an individual who has at least one parent in common with the decedent, whether try blood or adoption. Rev-1502 EX+(11-08) SCHEDULE A a ~ REAL ESTATE COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Minich, Nelson L. 21-10-0309 All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts. Real property which is jointly-owned with right of survivorship must be disclosed on schedule F. Attach a copy of the settlement sheet if the property has been sold Include a copy of the deed showing decedent's interest if owned as tenant in common. ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1 Real Estate -Sale of .62 acre lot off Potato Road, Upper Frankford Township (Tax Parcel No. 15,878.38 43-06-0029-028). See HUD attached 2 Real Estate -Sale of 1789 W. Trindle Road (Tax Parcel No. 40-22-0119-006) (see HUD 29,039.13 attached; proceeds to estate were $27,689.13 with $1350.00 put in escrow account pending approval of inheritance tax return. Full proceeds total $29,039.13) 3 Real Estate -Sale of 2092 Newville Road (Tax Parcel No. 46-18-1394-048). See HUD attached; 117,903.19 proceeds to estate were $103,403.19; $14,500.00 was placed in an escrow account pending the approval of the inheritance tax return. 4 Real Estate -Sale of Lot 15 Walnut Bottom Road (.610 acres). Parcel No. 40-24-0746-023. 37,318.75 Sold on November 22, 2010 (see HUD attached). 5 Real Estate - 151 North Middleton Road (72.258 acres; Lot 1 on Plan Book B, Page 108). 519,000.00 This property was a specific bequest to the decedent's granddaughter, Kimberly L. Rhoades. See appraisal attached. 6 Real Estate - 151 North Middleton Road (23.4981 acres, Lot 2 on Plan Book B, Page 108); see 84,000.00 attached appraisal. 7 Real Estate /Green Hill Lot #34 -Vacant land, 1.320 acres, Parcel No. 08-10-0630-115. At this time we are unable to provide a value as the real estate has not been sold yet. We will file a supplemental return for this real estate and any additional assets as soon as possible. Please suspend the assessment of tax on this asset. 8 Real estate at 201 Union Hall Road -Parcel No. 29-06-0023-049. At this time we are unable to provide a value as the real estate has not been sold yet. We will file a supplemental return for this real estate and any additional assets as soon as possible. Please suspend the assessment of tax on this asset. I Total of Continuation Schedule See attached page TOTAL (Also enter on Line 1, Recapitulation) 803,139.45 (If more space is needed, additional pages of the same size) Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule A (Rev. 11-08) Rev-1502 EX+ (6-98) SCHEDULE A REAL ESTATE continued COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN ESTATE OF FILE NUMBER Minich, Nelson L. 21-10-0309 ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 9 Real Estate at 221 North Middleton Road -Parcel No. 29-05-0425-071 B (land) and 29-05-0425 -0178 TR06411 (mobile home). At this time we are unable to provide a value as the real estate has not been sold yet. We will file a supplemental inheritance tax return for the real estate and any additional assets as soon as possible. Please suspend the assessment of to on this asset. 10 Real estate at 797 Waggoners Gap Road -Parcel No. 06-19-1645-065. At this time we are unable to provide a value as the real estate has not been sold yet. We will file a supplemental return for this real estate and any additional assets as soon as possible. Please suspend the assessment of tax on this asset. TOTAL (Also enter on Line 1, Recapitulation) ~ 803,139.45 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule A (Rev. 6-98) Rev-1503 EX+ (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE B STOCKS & BONDS ESTATE OF FILE NUMBER Minich, Nelson L. 21-10-0309 All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER CUSIP NUMBER DESCRIPTION UNIT VALUE VALUE AT DATE OF DEATH 1 Edward Jones - PA State Turnpike Commission Rev. (see 1.071080 42,843.20 attached mean valuation by broker) 2 Edward Jones -Doylestown Pennsylvania Authority (see .914670 9,146.70 attached mean valuation by broker) 3 Edward Jones -Caterpillar, Inc. stock (see attached mean 59.62 14,760.25 valuation by broker) 4 Edward Jones -Lord Abbett Developing Growth A (see 11.33 1,614.74 attached mean valuation by broker) 5 Edward Jones -Lord Abbett Intl Opptys Fund A (see 16.62 41,802.96 attached mean valuation by broker) 6 Edward Jones -Lord Abbett Tax Free PA (see attached 5.010 70,346.21 mean valuation by broker) 7 Edward Jones -Lord Abbett Affiliated (see attached mean 10.71 120,298.22 valuation by broker) g Edward Jones -Residual cash in account 409.91 409.91 9 9,628.88 shares of Essex National Securities, inc. - 9.06 87,237.65 Brokerage Account Putnam Pennsylvania tax exempt income fund (PTEX) 10 13,306.229 Essex National Securities, Inc. -Putnam Global 10.85 144,372.58 Utilities Fund (PUGIX) TOTAL (Also enter on Line 2, Recapitulation) 532,832.42 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule B (Rev. 6-98) Rev-1507 EX+ (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE D MORTGAGES & NOTES RECEIVABLE ESTATE OF FILE NUMBER Minich, Nelson L. 21-10-0309 All property jointly-owned with right of survivorship must be disclosed on Schedule F. (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule D (Rev. 6-98) Rev-1508 EX+ (6-98) SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Minich, Nelson L. 21-10-0309 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with the right of survivorship must be disclosed on schedule F. ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1 Accrued March rents due decedent for various rentals - As of date of death but deposited 3,901.14 after death 2 Hoffman Roth Funeral Home -refund of overpayment 100.00 3 M&T Bank -Checking Account #10447 entitled the Nelson L. Minich Rental Account. 14,470.33 4 Metropolitan Life Insurance -refund of home care policy 79.28 5 Proceeds from sale of 1931 Chevrolet automobile 8,000.00 6 Proceeds from sale of 1932 Ford automobile 10,000.00 7 Proceeds from sale of 1950 Ford automobile 2,000.00 8 Proceeds from sale of 1956 Chevrolet truck 450.00 9 Proceeds from sale of John Deere tractor 5,000.00 10 Refund from ECM Insurance -1789 W. Trindle Road property 256.00 11 Refund from EMC Insurance -premium refund for 151 North Middleton Road (this property 1,435.00 was a specific bequest to the decedent's granddaughter Kimberly L. Rhoades) 12 Sale of 1998 Chevy Pickup Truck 3,250.00 13 Sale of Nylon Remington 66 22 gun -sold to Charles N. Minich, Jr. 175.00 14 Slatebank royalties 312.00 15 Sovereign Bank -Checking Account 7,503.25 I Total of Continuation Schedule See attached page TOTAL (Also enter on Line 5, Recapitulation) 83,174.56 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule E (Rev. 6-98) Rev-1508 EX+ (6-98) ,. COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY continued ESTATE OF FILE NUMBER Minich, Nelson L. 21-10-0309 ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 16 Sovereign Bank -Money Market 19,885.06 17 Specific bequest -Remington 730 30 odd 6 pump w/scope; specific bequest under 525.00 decedent's Will; given to Charles N. Minich, Jr. (appraised value per Blooms Gun Shop; see attached) 18 Specific bequest -Stevens 22 single shot Little Scout; specific bequest under decedent's 150.00 Will given to Chris Bottoms (per appraisal of Blooms Gun Shop; see attached) 19 Specific bequest - Ithica 37 12 gauge pump; specific bequest under decedent's Will given to 175.00 Scott Rhoades (per appraisal of Blooms Gun Shop; see attached) 20 Specific bequest - Westernfield Model 30 12 gauge gun; specific bequest under decedent's 100.00 Will given to Bill Feuchtenberger (per appraisal of Blooms Gun Shop; see attached) 21 Specific bequest -Martin 60 22 long rifle; specific bequest under decedent's Will given to Ed 100.00 Feuchtenberger (per appraisal of Blooms Gun Shop; see attached) 22 Specific bequest -Specific bequest of a baby crib and antique chest to Patricia Minich under 50.00 decedent's will. 23 Specific bequest -Specific bequest of grandfather clock to Kimberly L. Rhoades under 200.00 decedent's Will. 24 Wickard Auction -proceeds from sale of farm items (see attached) 5,057.50 TOTAL (Also enter on Line 5, Recapitulation) I 83,174.56 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule E (Rev. 6-98) Rev-1510 EX+ (6-98) ,. COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY ESTATE OF FILE NUMBER Minich, Nelson L. 21-10-0309 I his schedule must be completed and filed if the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes. ITEM NUMBER DESCRIPTION OF PROPERTY TFIE DATE OF TRANSFER.SATTACN ACOPY OF TIOHE DEED FOOREREAL ESTATE. DATE OF DEATH VALUE OF ASSET °io OF DECD'S INTEREST ExcLU:>ION (IF APPLICABLE) TAXABLE VALUE 1 Aviva Life and Annuity Company -Annuity #538927. 135,539.15 135,539.15 See attached explanation. 2 Aviva Life and Annuity Company -Annuity Contract 28,926.85 28.926.85 #464295. See attached explanation. 3 Midland National Life Insurance Company -Annuity 164,489.97 164,489.97 Contract #8500267869 (see attached statement) 4 Midland National Life Insurance Company -Annuity 176,641.23 176,641.23 Contract #8500266148 (see attached statement) 5 Midland National Life Insurance Company -Annuity 319,756.51 319,756.51 Contract #8500263404 (see attached statement) 6 Western National Life Insurance Company -Annuity 117,028.65 117,028.65 Contract #XP220464 (see attached explanation) TOTAL (Also enter on Line 7, Recapitulation) I 942,382.36 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule G (Rev. 6-98) REV-1151 EX+ (10-06) COMMNHERITAN HEOT~ RET~RN ANIA RESIDENT DE EDEN SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER Minich, Nelson L. 21-10-0309 Debts of decedent must be reported on Schedule I. ITEM DESCRIPTION AMOUNT M R q. FUNERAL EXPENSES: See continuation schedule(s) attached ~ 10,664.91 B. 1. ADMINISTRATIVE COSTS: Personal Representative's Commissions Name of Personal Representative(s) Kimberly L. Rhoades Street Address 191 Union Hall Road city Carlisle state PA Zio 17013 Year(s) Commission rJaid 25,000.00 2, Attorney's Fees Michael L. Bangs 25,000.00 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City State Zio Relationshio of Claimant to Decedent 4. Probate Fees 689.50 5. Accountant's Fees 1,500.00 6. Tax Return Preparer's Fees 7. Other Administrative Costs 4,201.56 See continuation schedule(s) attached TOTAL (Also enter on line 9, Recapitulation) 67,055.97 Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 10-06) SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS continued ESTATE OF I FILE NUMBER Minich, Nelson L. 21-10-0309 ITEM NUMBER DESCRIPTION AMOUNT 1 Funeral Ex e~ rases Hoffman Roth Funeral Home 10,042.24 2 Vital Records -additional death certificates 27.00 3 Waggoners UM Church -funeral luncheon 595.67 H-A 10,664.91 4 Other Administrative Costs Cumberland Law Journal -estate advertising 75.00 5 Diversified Appraisals -real estate appraisals 3,200.00 6 North Middleton Township -perk test for Lot 2, 151 North Middleton Road to determine its 260.00 suitability for sale (Schedule A, Item 6) 7 Sollenbergers -Notary fee for sale of 1931 Chevy automobile 39.50 8 Sollenbergers -Notary fee for sale of 1789 W. Trindle Road property 7.00 9 Sollenbergers -Notary fee for sale of 2092 Newville Road property 5.00 10 Sovereign Bank -fee for date of death valuation for estate 20.00 11 The Sentinel -estate advertising 145.06 12 William Smith -appraisal fee for automobile appraisals 450.00 H-B7 4,201.56 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98) Rev-1512 EX+ (12-08) SCHEDULE 1 , DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Minich, Nelson L. 21-10-0309 Report debts incurred by the decedent prior to death that remained unpaid at the date of death, including unreimbursed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 Betty Lebo -Past due snow removal at 1789 W. Trindle Road (Schedule A, Item 2) 65.00 2 Carlisle Borough Tax Account -County real estate taxes due on 797 Waggoners Gap Road 841.35 property (Schedule A, Item 10) 3 Carolyn R. McQuillen -County real estate taxes due on Lot 34, Green Hill property (Schedule 122.22 A, Item 7) 4 Deborah W. Piper -County real estate taxes due on 2092 Newville Road property (Schedule 279.15 A, Item 3) 5 Department of Veterans Affairs -medicines and visits and medicine provided prior to death 128.00 6 Department of Veterans Affairs -Medicines 17.03 7 Payment for clerical services for rental property accounting 875.00 8 PP8~L -Rentals 26.63 9 Quest Laboratories -medical bill 10.00 10 Repairs Contracted for By Decedent -These are for his rental properties for work completed 9,551.36 prior to his death but paid after death. See attached sheet. 11 Robert Cairnes -County real estate taxes for Lot 15 Walnut Bottom Road (Schedule A, Item 47.71 4) 12 Robert Cairnes -County real estates for 1789 W. Trindle Road (Schedule A, Item 2) 131.58 13 Robin K. Soilenberger -County real estate taxes for Lots 1 and 2, 151 North Middleton Road 1,269.36 (Schedule A, Items 5 and 6) 14 Robin K. Sollenberger -County real estate taxes for 201 Union Hall Road (Schedule A, Item 438.58 8) I Total of Continuation Schedule See attached page TOTAL (Also enter on Line 10, Recapitulation) 14,188.23 (If more space is needed, additional pages of the same size) Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule I (Rev. 12-08) Rev-1512 EX+ (6-98) SCHEDULE 1 DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS COMMONWEALTH OF PENNSYLVANIA ~~...ii...~ ~...~ ESTATE OF FILE NUMBER Minich, Nelson L. _ 21-10-0309 ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 15 Robin K. Sollenberger -County real estate taxes for 221 North Middleton Road (Schedule A, 90.80 Item 9) 16 Shirley J. Armold -County real estate taxes for Potato Road (Schedule A, Item 1) 49.60 17 South Middleton Township -water and sewer due on 1789 W. Trindle Road property 128.60 18 Walnut Bottom Radiology -medical bill - copayment 25.00 19 West Shore Tax Bureau - 2009 personal taxes 91.26 TOTAL (Also enter on Line 10, Recapitulation) I 14,188.23 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule I (Rev. 6-98) REV-1513 EX+ (11-08) ,. COMMNHERITANCI=°Fp,)P( RETURNANIA RESIDENT DECEDENT SCHEDULE J BENEFICIARIES ESTATE OF FILE NUMBER Minich, Nelson L. 1 21-10-03 09 NAME AND ADDRESS OF RELATIONSHIP TO SHARE OF ESTATE AMOUNT OF ESTATE NUMBER PERSON(S) RECEIVING PROPERTY DECEDENT (Words) ($$$) I TAXABLE DISTRIBUTIONS [include outright spousal • distributions, and transfers under Sec. 9116 a 1.2 See attached schedule Total 2,234,367.57 Enter dollar amounts for distributions shown above on lines 15 throu h 18 on Rev 15 00 cover sheet, as a ro riate. NON-TAXABLE DISTRIBUTIONS: II. A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART 11 -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-15oo cwEK sfi~t I I _ _ Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule J (Rev. 11-08) SCHEDULE J BENEFICIARIES (Part I, Taxable Distributions) ESTATE OF: Nelson L. Minich 03/13/2010 191-18-2558 Item Name and Address of Person(s) Share of Estate Amount of Estate Number Receiving Property Relationship (Words) ($$$) 1 Christopher Bottoms Grandson Received specific 150.00 2822 Spring Flower Drive bequest of a gun per Wilson, NC 27896 decedent's Will 2 Michelle M. Bottoms Granddaughter one-sixth of residue 118,614.21 2822 Spring Flower Drive Wilson, NC 27896 3 Carla Feuchtenberger Granddaughter $188,476.47 (Schedule 307,090.67 Post Office Box 353 G total divided by 5 Newville, PA 17241 beneficiaries) plus one- sixth of residue ($118,614.20) 4 Charlene L. Feuchtenberger Granddaughter $188,476.47 (Schedule 307,090.67 129 Beetem Hollow Road G total divided by 5 Newville, PA 17241 beneficiaries) plus one- sixth of residue ($118,614.20) 5 Edwin Feuchtenberger Grandson Received a specific 100.00 129 Beetem Hollow Road bequest of a gun per Newville, PA 17241 decedent's Will 6 William Feuchtenberger Grandson Received a specific 100.00 131 Beetem Hollow Road bequest of a gun per Newville, PA 17241 decedent's Will 7 Carrie R. Minich Spouse 50,000.00 370 S. Middlesex Road Carlisle, PA 17015 1 SCHEDULE J BENEFICIARIES (Part I, Taxable Distributions) ESTATE OF: Nelson L. Minich 03/13/2010 191-18-2558 Item Name and Address of Person(s) Share of Estate Amount of Estate Number Receiving Property Relationship (Words) ($$$) 8 Charles N. Minich Jr. 411 Easy Road Carlisle, PA 17015 Grandson Specific bequest of a gun ($525.00) per decedent's Will; $188,476.47 (Schedule G total divided by 5 beneficiaries), plus one-sixth of residue ($118,614.20) 307,6'15.67 9 Marshall M. Minich Jr. 26 Haven Way Lugoff, SC 29078 10 Patricia L. Minich 1200 McClures Gap Road Carlisle, PA 17015 11 Kimberly L. Rhoades 191 Union Hall Road Carlisle, PA 17013 12 Scott A. Rhoades 191 Union Hall Road Carlisle, PA 17013 Grandson 10,000.00 Daughter-in-Law specific bequest of 50.00 baby crib and antique chest ($50.00) Granddaughter Specific bequest of 826,290.67 grandfather clock ($200.00); specific bequest of Lot 1, 151 N. Middleton Road (Schedule A, Item 5) of $519,000.00; $188,476.47 (Schedule G total divided by 5 beneficiaries), plus one-sixth of residue ($118,614.20) Grandson Received a specific 175.00 bequest of a gun per decedent's Will 2 SCHEDULE J BENEFICIARIES (Part I, Taxable Distributions) ESTATE OF: Nelson L. Minich 03/13/2010 191-18-2558 Item Name and Address of Person(s) Share of Estate Amount of Estate Number Receiving Property Relationship (Words) ($$$) 13 Teresa K. Garrick Granddaughter $188,47fi.47 (Schedule 307,090.68 Post Office Box 87 G total divided by 5 Plainfield, PA 17087 beneficiaries) plus one- sixth of residue ($118,614.20) Total 2.234.367.57 3 OMB Approval No. 2502-0265 Sri nr,;, o`'~ ,. ~~• ~<<~~~ *~~~~ A. Settlement Statement (HUD-1) -~, 11181I~ . ':~'c V-, .~.~ 1. ~~~ FHA 2 ~ RHS 3. ~ Conv. Unins. I 6. File Number. 7. Loan Number: 8. Mortgage Insurance Gase Number q [-(-~ VA 5, ~ Conv. fns. C. Note: This form is furnished to give you a statement of actual settlement costs. Amounts paid fo 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 are not included in the totals. D. Name & Address of Borrower. E. Name & Address of Seller: F. Name & Address of Lender: Kimberly L. Rhoades and Scott A. Rhoades Estate of Nejson L. Minich 191 Union Hali Road Carlisle, PA 17013 G. Property Location: H. Settlement Agent: I. Settlement Date: .62 acre lot off Potato Road Michael L. Bangs June 15, 2010 Upper Frankford Township, Cumberland County, PA ~ - Place of Settlement. 100. Gross Amount Due from Borrower 400. Gross Amount Dusto Seller 101. Contract sales price $16,000.00 40L Contract sates price $16,000.00 102. Personal property 402. Personal property - - 103. Settlement charges to borrower (line 1400) -- - -- $222.00 403. _ __ 104. 404. 105. 405. v-_ Adjustment for items paid by seller in advance Adjustmentfo[ items paid by seller in advance 106. Ciryltown taxes to 406: City/town taxes to - `- - -- 107. County taxes 6115/10 to 12/31Ji0 $27.06 .407. County taxes 6/t5/10 to 12/31/10 _ _ $2 7.06 ~ 108. Assessments to 408. Assessments to _ _ _ _ 109. 5dlool Tax 6/15/10 to 6/30110 $11.30 409. School Tax 6/15/10 to 6130/10 $11.30 110. 410. ----- - 111. 411. `------- 112. 412. --- 120. Gross Amount Due from Borrower $16,260.36 420. Gross Amount Due to Seller $16,038.36 200. Amount Paid by or in`Bi3half of Borrower 500. Reductions to Amount Due to sei{er 201. Deposit or earnest money _ _, 50L Excess deposit (see instructions) _ ____ -202_Principal amount of new loan(s) 502. Settlemer)t charges to seller (line 1400) ---------------- $160.00 _ 203. Existing loan(s) taken subject to _ 503. Existin loan s taken sub' ct to _ ' 204. 504. Payoff of first mortgage loan _ 205. 505. Pa off of second mart age loan -^_- .206. __ 506. .--~ 207. 507. 208. 508. _ _._ -. 209. 509. - ---- Adjustments for items unpaidbyseller Ad•ustments for items tin id b seller 210. Ci /town taxes to 510: City(tovm taxes to ______ 211. Gount~taxes to _ 511. County taxes to 212. Assessments 512. Assessments to _ 213. 513. ---- 214. --- --- ._.- _-- ------ --- ---- 514. -- - ----- 215_------- - .515. __- 216. _ 516. --- 217. 517. ---` 218. _ 518. _ ___.. -- 219. _ _ _ __ _ 519. - ----------- 220. Total Paid bylfor t3orrower _ 520. Total Reduction Amount Due Seiler $160.00 300. Cash at Settlement frontlto Borrower 600, Cash at Settlement tollrom Seller 301. Gross amount due from borrower (line !20) $16,260.36 601. Gross amount due to seller{line 420) $16,038.36 302. Less amounts paid bylfor borrower (6r.~: 220) - ( _) 602. Less reductions in amounts due seller (line 520) ( $160.00 ) 303. Cash l~ X~ From ~ To E rrrower ~__ ! $16,260.36 - B03. Cash ~~ To ~ From Seiler - - --- I $15,878.36 ` The Public Reporting Burden for this collectier. of information is estimated at 35 minutes per response for collecting, reviewing, and reporting the data, This agency may noY collect this information. and you are not reywrrd to canplete this form, unless it displays a currently valid OMB control number. No confidentiality is assured: this disclosure is mandatory. This is designed to provide lne parties to a RESPA covered transaction with information during the settement process. Previous edition are obsolete Page 1 of 3 HUD-i 700. Tote1 Real Estate Broker Feea :''~ - Pald From Paid From Division of commission (line 700) as follows : Borcower's Seller's 701. $ to Funds at Settlement Funds at Settlement 702. $ to 703. Commission paid ai settlement -800. Items Payable in Connection with Loan 801. Our origination charge $ (from GFE.#1) 802. Your credit or charge (points) for the specific interest rate chosen $ (from GFE #2) _ - 803. Your adjusted origination charges (from GFE #A) _ 804. Appraisal fee to - (from GFE ff3) I --. _~ 805. Credit report to (from GFE #3) - - 806. Tax service to __~ _ -- (from GFE #3)' _ __ 807. Flood certification to (from GFE #3) 808. 809. 810. 811. 900. Items Requiretl by Lender to be Paid in Advance 901. Daily interest charges from to (~ $ /day (from GFE #10), __ - 902. Mortgage insurance premiumfor months to (from GFE #3) 903. Homeowner's insurance for years to (from GFE.#11) 904. - 1000. Reserves Deposited with Lender 1001. Initial deposit for your escrow account (from GFE #9) 10Q2. Homeowner's insurance months t~ $ per month $ 1003. Mortgage insurance months Q $ par month $ ___ t nna Prnnarfv Tares mnnfhs r!?~ S nwr mnMh A 1005. months (~ S per month S 1006. months (~.$ per month 5 1007. Aggregate Adjustment -$ + 1100. Title Charges<. _ 1101. Title services and lender's title insurance (from GFE #4) 1102. Battlement or closing fee $ 1103.Ovuner's tdle insurance. (from GFE #5) _ - 1104. Lender's title insurance i $ _ 1105. Lender's title policy limit S 1106. Owner's title policy limit $ 1107. Agent's portion of the total title insurance premium to S ~- 1108. Underwriter's portion of the total title insurance premium to $ - --- 1109. -- 1110. 111E _- . 1200. Governmenf f~ecording and Transfer Charges ~ ' f 1201. Government recording charges (from GFE #7) $62.00 ~ 1202. Deed $ 62.00 Mortgaae $ Release S _____ 1203. Transfer loxes (from GFE #8) $160.00 1204. CirylCounry tax/stamps Deed $ Mortgage $ $160.00 12Q5. State tax/stamps Deed $ 320.00 Mortgage S --- - - ' 1206. +130Q Additional Settlement Charges A 1301. Required services that you can shop for (from GFE #6) 1302. $ 1303. $ 1304. 1305. T_ - - Previous edition are obsolete Page 2 of 3 HUD-i Comparison cf Good Faith Estimate (GFE) and HUD-i Cftarrgea Good Faith Estimate ' HUD-1 Charges That Cannot Increase HUD-1 Line'Number Our origination charge # 80T ' Your credit or charge (points) for the specific interest rate chosen # 802 Your adjusted origination charges - # 803 Trensfertaxes # 1203 ---- Charyea That In Total.Cannot Increase More Than 10% - -T--- - - -- -- Good Faith Estimate HUD-1 - > Government recording charges # 1201 _ ~ ____-_ # -- ------ ~ - -- ' Total Increase between GFE and HUQ+1 Charges $ or % .Charges That Can Change _ Good Faith Estimate HUD-1 Initial deposit for your esuow account # 1001 Daily interest charges $ Iday #901 Homeowner's insurance , # 903. --- ------- Loan Terms Your initial loan amount is $ ' Your loan term is years Your initial interest rata is °/, Your initial monthly amount owed for principal, interest, and any $ incudes mortgage insurance is ^ Principal Interest Mortgage Insurance Can your interesi raie rise? No ~ Yes, it can rise to a maximum of %. The first change will be on and can change again every after ,Every change date, your interest rate can increase or decrease by %. Over the life of the loan, your interest rate is guaranteed to never be lower than °h or higher than %. Even if you make payments on time, can your loan balance rise? ~ No ~ Yes, it can rise to a maximum of $ Evenrfyou make payments on 6me, can your mohthly - ---- ~ No ~ Yes, the first increase can be on and the monthly amount amount owed for principal, interest, ahdmortgage insurance rise? owed can rise to $ .The maximum it can ever rise to is S Does your loan have a prepayment penalty? ~ No ~ Yes, your maximum prepayment penalty is $ Does your ban have a balboapaymentl ~ No ~ Yes you have a balloon pa ment of $ d i , y ue n years on Total monthly amount owed inGuding escrow account payments 0 You do not have a monthly escrow payment for items, such as property taxes and homeowner's insurance. You must pay these items directly yourself. You have an additional monthy escrow payment of $ that results in a total initial monthly amount owed of $ .This includes principal, interest, any mortagage insurance and any items checked below: Property taxes ~ Homeowner's insurance ~ Flood insurance ~ l r ~ u ~J Note: I(you have any questions about the Settlement Charges and Loan Terms listed on this Corm, please contact your lender. ~~~ ~~~ V ~ ~~ ~~ ~~ ~~~~~~~~ aye uusu~eie Page 3 Of 3 HUD-t .4. Settlement Statement (HUD-1) OMB Approval No. 2502-0265 I B. Tyne of Loan ~ I . ~ FHA 2. ~ R}IS 3. ~ Cony. Unins. 4. ^VA 5. ^C'unv.lns. 6. File Number: RE10-121 7. Loan Number: 8. Mortgage Insurance Case Number: C. NOTE: ibis firrm 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 are not included in the totals. D. Name & Address of Borrower(s): Neil D. Shughart 33 Claremont Road, Carlisle, PA 17013 E. Name & Address of Seller(s): Estate of Nelson L. Minich 370 S Middlesex Road, Carlisle, PA 17015 F. Name & Address of lxnder: [>eburah L. McGowan 130 Cleurview Place, Carlisle, PA 17015 G. Property Location: 1789 West Trindle Road, Carlisle, Pennsylvania 17015 South Middleton Township, Cumberland County 40-22-0119-006 Place of Settlement. I Irvine Ruw, Carlisle, Pennsylvania 17013 H. Name of Settlement Agent: Duncan & Hartman, P.C. (717) 249-7780 1. Closing Date: 8-30-2010 Disbursement Date: 8-30-2010 J. Sutnmar~ of Borrower's Transaction K. Summary of Seller's Transaction 101. Contact sales rice 30 000.00 401. Contract sales rice 30 OOO.OU 102. Personal ro ert 402. Personal ro 104. 404. 105. 405. Ad'ustmeols for items aid b seller in advance Ad'ustments for items aid b seller in advance 107. Count taxes 8-30-2010 to 12-31-2010 44.34 407. Coon taxes 8-30-2010 to 12-31-2010 44.34 108. Assessments to 408. Assessments to c 1 10. 410. III. 411. 1 12. 412. 200. Amounts Paid b or in Behalf of Borrower 500. Reductions in Amount Due to Seller 201. Ue usit ur earnest mane 501. Excess d osit see instructions ~ ~ 203. Lxistin ~ loan s t.rken sub eci to 503. Existin loans taken sub ect to 204. 504. Payoff of first mortgage loan 205. 505. Payoff of second mortgage loan 20b. 506. 207. SCCnrll De osit 500.00 507. Securi De osit 500.00 208. 508. 7 l P Ad'ustmrnts fur items un aid b seller Ad'ustments for items un aid b seller 210. Cit !town taxes to 510. Ci /town taxes to 21 I .Count taxes to 511. Coon taxes to ~ ~ 213. Rent 8-30-2010 to 8-31-2010 16.13 513. Rent 8-30-2010 to 8-31-2010 16.13 2 14. 514. ~Ib. 516. X17. 517. 21x. sla. 220. Total Paid b /for Borrower 32 516.13 520. Total Reduction Amount Due Seller 2 807.47 300. Cash at Settlement from/to Borrower 600. Cash at Settlement to/from Seller 3i)2 Liss anwunts u~d b /for Bortower line 220 32 516.13 602. Less reductions in amount due seller line 520 2 807.47 303. Cash From To Borrower 723.81 603. Cash To From Seller 27 689.13 700. Total Real `raCate Broker Fees P id F ~;_I;,~_ ~ 30A00.00 (~ %= a rom Borrowers Laid From Seller's Divisi•.m of, orrmission (line 700) as fol ows: ~ Funds at Funds at 701. $ to Settlement Settlement ~-__ _ 703. Commissr~iaid at Settlement _ 704. 800. Items Pa a131e in Connection with Loan 801. Our on ina!:on char a (from GFE #1) ~ from GFE #2 803. Your ad usted on ination char es (from GFE A) 804. A raisal fee to (from GFE #3) 805. Credil re on to from GFE #3) from GFE #3 807. Flood certrtication (from GFE #3) 808. 810. 81 1. Document Pre aration to Duncan & Hartman P.C. 275 00 R12. . 814. 900. Items R uired b Lender to be Paid 3n Advance 901. Dail interest charges from from 8/30!2(110 to 8/31/2010 6.22/da from GFE #lo) 6,22 curance nremium ti from GFE #3 903. Homeowner's insurance ears to (from GFE#11) 904. n 905. 1000. Reserves De osited With Lender . from GFE #9 1002. Homeowner's insurance months r month 1003. Mort a e insurance months $ month $ 1004. Pro ert taxes months $ er month $ c 1006. School taxes months $ month 1007. A e to Ad ustment _$ 1100. Title Char es from GFE #4 1 102. Settlement or closin fee $ 1 I03. Owner's title insurance from GFE #5 1 104. Lender's title insurance 434.50 5 1 106. Owner's title olic limit $ 30 000.00 1107. A ent's rtion of the total title insurance remium 496.83 1 108. Underwriter's onion of the total title insurance remium $ 87.67 11 10. Attome Fecs to Ban s Law Offices POC- S 1 1 1 1. Inheritance Tax Escrow 1350.00 1200. Government Recordin and Transfer Char es from GFE #7 1202. Deed $64.00 Mort a e 66.00 Release 1203. Transfer taxes from GFE #s 300.00 300.00 1204. Ci /Count taxlstam s Deed $300.00 Mort a e $ 1206. 1300. Additional Settlement Char es 1301. Re uired services that ou can sho for (from GFE #6) 1302. 1304. 2010 School R E Taxes to Robert Cairns Tax Collector 543.01 1305. Final Water/Sewer to SMTMA -Acct. 00707191 93.33 1400. Total Settlement Char es enter on lines 103 Section J and 502 Section K 1295.72 2 286.34 CERTIFICATION : 1 have carefully reviewed the HUD-I Settlement Statement and to the best of my knowledge and belief, it is a true and accurate statement of all receipts and disbursements made on my account or by me in this transaction. 1 further certify that 1 received a copy of the HUD-1 Settlement Statement. ~_ ~~ ~~ ~ ~~ Signature of Borrow r Signature of Borrower z-~~° Signa S II r ~ LG~ Signature of Seller The H11D-1 Settlement Statement which 1 have prepared is a true and accurate account of the funds disbursed or to be disbursed by the and ign ~d as of the settlement of this transaction. . ~ ~ ~~ ~~ ~ Signature of Settlement Agent Date SETTLEMENT ESCROW AGREEMENT DATE: August 30, 2010 NO.: RE10-121 SETTLEMENT AGENT ("COMPANY"): Duncan & Hartman The undersigned parties have requested that the Company hold in escrow the sum of $1,350.00 (the "funds") from the proceeds of the settlement of the property described in the above order number. These funds are to be retained without interest by the Company on the following teams and conditions: Payment of Inheritance Taxes on the Estate of Nelson L Minich, deceased The funds are to be paid to Register of Wills of Cumberland County, PA upon satisfaction of the ;above terms and conditions and after receipt by the Company of written confirmation from all parties hereto. In the event costs or expenses, including attorneys fees, are incurred by Company because of litigation or otherwise, arising out of the holding of the funds, the Company shall be entitled to reimburse itself out of the funds for any such costs and expenses, inclusive of attorneys fees. If the Company is unable for any reason to reimburse itself out of the funds, the undersigned parties do hereby jointly and severally agree to indemnify the Company for any and all costs and expenses, including attorneys fees, that the Company may sustain arising out of any acts taken by the Company in good faith pursuant to this Agreement. It is understood and agreed that the event of a dispute, the Company, may in its absolute discretion pa.y the funds into Court and allow the Court to determine the proper disposition of the funds or continue to hold the funds pending receipt by Company of uniform written direction from all parties hereto. The Company, acting as escrow agent, shall not be liable for any error of judgment or for any act taken or omitted to be taken in good faith or in reliance on any written notice, certificate or other documents believed by it in good faith to be genuine and to be signed or submitted by an authorized signatory, absent the gross neglil;ence or willful misconduct of Company. A charge of $25.00 for the first six months shall be made for funds held in escrow by the Company; and a minimum charge of $25.00 shall be made for every year beyond the initial six month period in which the iEunds are held. In consideration of the completion of settlement, the undersigned do consent and agree to the terms and conditions hereof. SELLERS: BUYERS: ESTATE OF NELSON L. MINICH C~~~ ~ ~~ B im ly L. Rhoades, Executrix Neil D. Shughart ADDRESS 370 S Middlesex Rd Carlisle PA 17013 ADDRESS 33 Claremont Rd Carlisle, PA 1'7013 ACCEPTED ON BEHALF OF THE COMPANY: Duncan & Hartman ADDRESS: 1 Irvine Row, Carlisle, PA 17(113 BY: ~ TELEPHONE: 717-249-7780 nnnr~ r.~n oGn~_nx~ A. B. TYPE OF LOAN: • U.S. DEPbRTMENT OF HOUSING & URBAN DEVEL OPMENT 1.QFHA 2,QFmHA 3. QCONV. UNINS. 4.~VA 5. []CONN. INS. SETTLEMENT STATEMENT 6. FILE NUMBER: AAL37960 7. LOAN NUMBER: _ e. MORTGAGE ]NS CASE NUMBER: C. NOTE: This form is furnished to give you a statement of actual settlement costs. Amounts paid fo and by the settlement agent are shown. Items marked (POC)" were paid outside th a closing; they are shown here for informational purposes and am not induded in the totals. ~.o s~sa aaiarsao.~o~aus~esata D. NAME AND ADDRESS OF BUYER: WILLIAM B. STULL E. NAME AND ADDRESS OF SELLER: ESTATE OF NELSON L. MINICH F. NAME AND ADDRESS OFLENDER: G_ PROPERTY LOCATION: LOT 15, WALNUT BOTTOM ROAD CARLISLE, PA 17013 H. SETTLEMENT AGENT: ABSTRACT ASSOCIATES OF LANCASTER, INC I. SETTLEMENT DATE: November 22 2010 Cumberland County, Pennsylvania LOT 15, WALNUT BOTTOM ROAD SOUTH MIDDLETON TWP CUMBERLAND COUNTY, PA PLACE OF SETTLEMENT 1903 LITITZ PIKE LANCASTER, PA 17601 , J. SUMMARY OF BUYER'S TRANSACTION K. SUMMARY OF SELLER'S TRANSACTION 100. GROSS AMOUNT DUE FROM BUYER: 400. GROSS AMOUNT DUE TO SELLER: 101. Contract Sales Price 40,000.00 401. Contract Sales Price i 40 000.00 102. Personal Pro r 402. Persona[ Pro 103. Settlement Char es to Bu r Line 1400 969.25 403. 104. 404. 105. 405. Ad'ustments For Items Paid 8 Seller rn advance Ad'ustments For Items Paid B Seller in advance 106. Ci /Town Taxes 11/23!10 to 01/01/11 0.73 406. C~ !Town Taxes 11/23/10 to 01/01/11 0.73 107. Caun Taxes 11/23/10 to 01101!11 4.37 407, Coun Taxes 11/23!10 to 01!01(11 4.37 108. School Taxes 11/23/10 to 07/0111 t 118,65 408. School Taxes 11/23/10 to 07/01/11 118.65 109. d09, 110. 410. 111. 411. 112. 412. i20. GROSS AMOUNT DUE FROM BUYER 41,093.00 420. GROSS AMOUNT DUE TO SELLER 40,123.75 200. AMOUNTS PAID BY OFt IN BEHALF OF BUYER: 500. REDUCTIONS IN AMOUNT DUE TO SELLER: 201. De ositoreamestrnone 501. Excess De osit Seelnstructions 202. Princi alAmount of New Loans 502. Settlement Char esto Seller Line 1400 2,805.00 203. Existin loans taken sub' ct to 503. Existin loans taken sub'ect to ~ 204. 504. Payoff of first Mortgage 205. 505. Pa off of second Mort a e 206. ~. 207. 507, 208. 508. _ 209. 505. Ad'ustmenfs For Items Un aid B Seller Ad'ustments For lfems Un aid B Setter 210. Cit /Town Taxes to ' 510. C' !T'own Taxes to _ 211. Coun Taxes to 511. Coun Taxes to 212. School Taxes to 512. School Taxes to 213• 513. 214. 514. 215. 515. 216. l 516. 217. 517. 218. f 518. 219. 519. 22Q. TOTAL PAID BY/FOR BUYER ~ 520. TOTAL REDUC7TONAMOUNT DUE SELLER 2,805.00 300. CASH AT SETTLEMENT FROMiTO BUYER: 600. CASH AT SETTLEMENT TOlFROM SELLER: 301: GrossAmount Due From Bu er Line 120 41,093.OD 601. GrossAmount Due To Seller Line 420 40,123.75 302. LessArnounE Paid B /For Bu r (Line 220) ~( ) 602. Less Reduttions Due Selier (Line 520) ( 2,805.00 3a3. GASH (X FROM) ( TO) BUYER ! 41,093.00 603. CASH (X TOj ( FROM) SE1.L,ER 37,318.75 The undersigned hereby acknowledge receipt of a completed copy of pages 1&2 ofthis statement & any attachments referred to herein. Buyer Seller / WILLIAM B. STULL ES TA OF L O . M NICH ~v~~~/ ayo L. SETTLEMENT CHARGES 700. TOTAL COMMISSION Sased on Price $ 4p,000.00 6.0000 % 2.400.00 PAIOFROM PAID FROM Division of Commission iJn@ 700 3S FDIIOW3' eUYERS uELLER'S 701. $ 1,200.G0 to WOLFE & COMPANY Ft)~'D5 AT FtlJr~S AT 702. $ 1,200.00 to DOUGLAS L. ZOOK REAL ESTATE SETTLEMEhrr SETTLEMEfJr 703. Commission Paid at Settlement 2,400.00 704. to 800. ]TEMS PAYABLE 1N CONNECTION WITH LOAN 801. Loan Ori ination Fee % to 802. Loan Discount % to 803. Appraisal Fee to 804. Credit Report to 805. Lender's Inspection Fee to 806. Mort a e Ins. A .Fee to 807. Assumption Fee to 808. 809. a1 a. a11. 906• ITEMS REQUIRED 6Y LENDER TO l3E PAID IN ADVANCE 901. Interest From to atr7 $ /day ( days °1°) 902. Mort a e Insurance~Premiumfor months to 903. Hazard Insurance Premium for 1.0 ears to 904. 905. 1000. RESERVES DEPOSITED WiTFt LENDER 1001. Hazard Insurance $ r 1002. Moct a e Insurance $ er 1003. Cit !Town Taxes $ er 1004. Coun Taxes $ er 1005. School Taxes @ $ per 1006. $ er 1007. @ $ per 1008. $ er 1100. TITLE CHARGES 1101. Settlement or Closin Fee to 1102. Abstractor Title Search to 1103. Title Examination to __ 1104. T"rtle Insurance Binder to 1105. Document Pre aration to 1106. Nota Fees to L 1107. Attorney's Fees to in dudes above ifem n umbers: 1108. Title Insurance to F3RST AMERICAN TITLE INSURANCE COMPANY Reissue Rate 44325 indudes above rfem numbers.• __ 1 i 09. Lender's Coverage $ 1110. Owner's Coverage $ 40,000.00 1111_ 1112. 1113. 1200. GOVERNMENT RECORDING AND TRANSFER CHARGES 1201 . Recording Fees' Deed $ &2.00; Mortgage $ 64.00; Releases $ 12$.00 1202. Cit (Coun Tax/Stain s: Deed 400.40• Mort a e 400.00 1203. State TaxlStam s' 400.00; Mort a e 400.00 1204. 1205. 1300. ADDITIONAL SETTLEMENT CHARGES 1301. Surve to 1302. Pest Ins eCcion to 1303. --~ 1304, 1305. TAX CERT 40-24-0746-023 to ROBERT CAIRNS, TAX COLLECTOR g,Op 9400. TOTAL SETTLEMENT CHARGES Enter on Lines 903, Section J and 502, Section K 969.25 2,805.00 ~ a •era-~-•-•--~•••~.~•,....~..+~y~~u....a~o..ti..niwyc iowy..nawui~nc.cu wiry ~. Nayccu u~amu yayr~~en~en[ ABSTRA ASSOCIATES OF LANCASTER, lNC Certfied to be a true copy. Settlement Agent ( AAL37 ii50 / AA L37960 /'14 ) °•~~h~'!~`~`_. ~-. Settlement Statement HUD 1 t~ ~1uii~r~s; ~..__ I . Q FNA 2. ~~ RHS 3. Q Conv. Unins. 6. File Number. PA2010-276 7. Loan Number: 000003178 8. Mortgage Insurance Case Number: i. ^ VA 5, ~~ Conv. Ins. :. Note: This form i:; furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agents are shown. Items marked "(p.o.c)" In~ere paid outside the closing; they are shown here for informational purposes and are not included in the totals. ). Name & Address of Borrower: E. Name & Address of Seller: F. Name & Address of Lender: 'eresa K. Garrick, Daniel S. Curten Estate of Nelson L. Minich Orrsiown Bank '092 Newville Road, Plainfield, PA 17081 191 Union Hall Road, Carlisle, PA 17013 2695 Philadelphia Avenue, Chambersburg, PA 17201 3. Property Location: H. Settlement Agent: I. Settlement Date: 10/14/2010 '092 Newville Road PA Real Estate SettlementSenrices, LLC Disbursement Date: 10/14/2010 'lainfield, PA 17081 Telephone: 717-261-9990 Fax: 717-261-9998 Nest Pennsboro Township Place of Settlement: 79 St. Paul Drive, Chambersburg, PA 17201 TitleExpress Printed 1 011 4/2 0 1 0 at 2:42 pm by ARS : . . 100. Gross Amount Due from Borrower 400. Gross Amount Due to Seller 101. Contract sales price 119,094.13 401. Contract sales price 102. Personal ro ert 402. Personal ro ert 103. Settlement charges to borrower (line 1400) 4,908.61 403. 104. 404. 105. 405. Ad'ustments for items paid b seller in advance Ad ustments for items aid b seller in advance 106. City/town taxes to 406. Cityltown taxes to 107. County taxes to 407. County taxes to 108. School Taxes to 408. School Taxes to 109. 409, 110. 410, 111. 411. 112. 412. 120• Gross Amount Due from Borrower 124,002.74 420. Gross Amount Due to Seller 200. Amounts Pald b or in Behalf of Borrower 500. Reductions In Amount Due to Seller 201. Deposit or earnest money 501. Excess deposit (see instructions) 202. Principal amount of new loan(s) 107,184.00 502. Settlement charges to seller (line 1400) 203. Existin loa s taken sub'ect io 503. Existin loa s taken sub'ect to 204. 504. Pa off of first mort a e loan 205. 505. Payoff of second mortgage loan 206. 506. 207• 507. Escrow for inheritance tax 208. 508. 209. 509. Ad'ustments for items un aid b seller Ad ustments for Items un aid b seller 210. City/town taxes to 510. Cityltown taxes to 211. County taxes to 511. County taxes to 212. School Taxes to 512. School Taxes to 213. 513. 214. 514. 215. 515. 216. 516. 217. 517. 218. 518. 219. 519. 220• Total Paid b ffor Borrower 107,184.00 520. Total Reduction Amount Due Seller 300. Cash at Settlement fromlto Borrower 600. Cash at Settlement tdfrom Seller 301. Gross amount due from borrower (line 120) 124,002.74 601, Gross amount due to seller (line 420) 302. Less amounts paid by/for borrower (line 220) ~ 107,184,00 602, Less reductions in amount due seller (line 520) 303. Cash ^X From ~ To Borrower 16,818,74 e epo up n a co c wn o omr n e s e m es per rospo • r oo er, s lornt unNss M dtspieys a wranlly veYd OMB conlyd nunber, No confvfeMleWy Is eesuro4 tt$ dscbsve N mendetory. T tlMrronl process. • Ns 603. Cash Xn To ~ From Seller a. o e ou ere r o f b desipnsd to provide tM pedMa b ^ RE6PA cowed Irenseollon w1U IMorrtrtlon dud,q IM 119,094. 1,190.94 14,500.00 15,690.94 103,403.19 revious editions 'are obsolete Page 1 of 4 HUD-1 100. Total Real Estate Broker Fees Pald Ff Om Paid From Division of c~mmission(Iine700) as follows: Borrower's Seller's .01 $o,~~o ____ to _ Funds at Funds at /02. $o.Oa to Settlement Settlement 703. Commission paid tt settlement 704. to - B00. Items Payable in Connection with Loan 301. Our origination charge (Includes Origination Point 0.500% ar $535.92) $935.92 (from GFE #1) 302. Your credit or charge (points) for the specific interest rate chosen $ (from GFE #2} 303. Your adjusted origination charges (from GFE A) 935.92 304. Appraisal fee to Central Penn A raisals v (from GFE #3) 400.00 905. Credit report _ _ to CBClnnovis, Inc. (from GFE #3) 24.30 906. Tax service to Orrstown Bank (from GFE #3) 75.00 907. Flood certification _ to CBClnnovis (from GFE #3) 10.00 308. to 900. Items Required by Lender to be Paid in Ad•rance 301. Daily interest chances from from 10114,'2010 to 11/0112010 @ $11.9100/day (from GFE # 10) 214.38 302. Mortgage Ins. Premium for months to (from GFE #3) 303. Homeowner's insurance for 12 months to Erie Insurance $462.00 P.O.C. B' (from GFE # 11) 304. months to from GFE #11 1000. Reserves Deposited with Lender ----1 1001. Initial deposit for your escrow account (from GFE #9) 692.91 1002. Homeowner's insurance 4 mont;ts @ $ 38.50Imonth $154.00 1003. Mortgage Insurance months @ $ 30.37Imonth $0.00 1004. City Property Tax monlt~s @ $ 0.00/month $0.00 1005. County Property Tax 11 months @ $ 23.74lmonth $261.14 1006. School Taxes 7 months @ $ 130.25/month $911.75 1007. Aggregate Adjustment $-633.98 1100. Title Charges ~ 1101. Title services and lender's title insurance (from GFE #4) 1,072.88 1102. Settlement or cjcsing fee to $ t 103. Owner's title insurance (from GFE #5) 140.28 1104. Lender's title insurance $1,033.88 1105. Lender's title policy limit $107,184.00 Lender': Policy 1106. Owner's title policy limit $119,094.13 Owner's Policy 1107. Agent's portion of the total title insurance prer;~um $941.79 1108. Underwriter's portion of the total title insurana ~ premium $232.37 1109. 1200. Government Recording and Transfer Char ~s 1201. Government recc.rding charges (from GFE #7) 152.00 1202. Deed $52.00 Mortgage $80.00 Release $0.00 1203. Transfer taxes (from GFE #8) 1,190.94 1204. City/County tax stamps Deed $1,190.94 Mortgage $0.00 1205. State Tax/stamps Deed $1,190.94 Mort a e $0.00 1,190.94 1206. Deed $0.00 Mortgage $0.00 1207. Parcel ID Fees $ 20.00 1300. Additional Settlement Charges _ 1301. Required services that you can shop for (from GFE #6) 1302. Survey to $ 1303. Pest Inspection to $ 1304. to 1305. to - t I' : - ~ I ~ I ~ 4,908.61 1,190.94 'aid outside of closing by (B)orrower, (S)eller, (L)enoar, (I)nvestor, Bro(K)er. UBSTITUTE FORM 1099 SELLER STATEMENT: The is formation contained herein is important tax information and is being furnished to the Internal Revenue Service. If you are quired to file a return, a rreyligence penalty or other sar,;.tion will be imposed on you if this item is required to be reported and the IRS determines that it has not been re~porled. The antract Sales Price descr,bed on line 401 above constitr~ es the Gross Proceeds of this transaction. ELLER'S INSTRUCTION ~: if the real estate was your ~,rncipal residence, file Form 2119, Sale or Exchange or Principal Residence, for any gain, with your Income tax return; for her transactions, complete the applicable parts of Form •1797, Form 6252 and/or Schedule D (Form 1040). ~u are required bylaw to provide the PA Real Estate Sct'lement Services, LLC Telephone: 717-261-9990 Fax: 717-261-9998(Fed. Tax ID No: )with your xrect taxpayer identification number. If you do not provide your correct taxpayer identification number, you may be subject to civil or criminal penalties imposed bylaw. Llnder ~nalties of perjury, I certify that the number shown on tt;i5 statement is my correct taxpayer identification number. IN: - __ / - ___- SELLER(S) SIGNATURE(S): / ~LLER(S) NEW MAILING ADDRESS: LLER(S) PHONE NUMBERS: (H) revious editions are obsolete Page 2 of 4 HUD-1 ~.,ompansc`~ o` ~ooa ;~itn tstimate (GFE) and HJU-1 Char es Ginarges That Cannot !ncrease HUD-1 Line Number Our origination ~;h,~rg= # 801 Your credit or ch2rgr (points) for the specific interest rate chosen # 802 Your adjusted o1g!nauon ~~harges # 803 Transfer taxes ______ ~ # 1203 Charges That in Total Cannot Increase More Than 10% Government recording c•r~rges # 1201 Appraisal fee ___ # 804 Credit report ~ # 805 Tax service ~ # 806 Flood certification # 807 Title services and lender's title insurance _ # 1101 Owner's title insurance ~ ~ # 1103 Pest Inspection r ,~ r;°t . # 1303 Charges That Can Change Initial deposit for your escrow account # 1001 Daily interest charges from # 901 $11.91001day Homeowner's insurance # 903 Loan Terms Good Faith Estimate HUD-1 1,135.92 935.92 0.00 0,00 1,135.92 935.92 1,190.94 1,190.94 Good Faith Estimate HUD-1 221.00 152.00 375.00 400.00 28.66 24.30 75.00 75.00 10.00 10.00 1,333.88 1,072.88 140.28 140.28 0.00 0.00 2,183.82 1, 874.46 -309.36 p r -14.1660% Good Faith Estimate HUD-1 466.16 692.91 214.38 214.38 484.00 462.00 'our initial loan amount is $107,184.71 `our loan term is 15, years 'our initial interest rate is 4.0000% 'our initial monthly amount owed for principal, interest, and any mortgage $823.20 includes ~surance is XL~ Principal XQ Interest QX Mortgage Insurance ;an your interest rate rise? _ ~ No. ~ Yes, it can rise to a maximum of %. The first change will be on 1 / and can change again every years after I / .Every change date, your interest rate can increase or decrease by %. Over the life of the loan, your interest rate is guaranteed to never be lower than % or higher than °ru. :ven if you make paymr nts on time, can your {oan t.~ Dance rise? ^X No, ~ Yes, it can rise to a maximum of $ :ven if you make payments on time, can your monthly amount owed for QX No. ~ Yes, the first increase can be on ( I and the monthly principal, interest, and mortgage insurance rise? amount owed can rise to $ The maximum it can ever rise to is $ )oes your loan have a prepayment penalty? ^X No. ~ Yes, your maximum prepayment penalty is $ )oes your loan have a b;~lloon payment? XL~ No. ~ Yes, you have a balloon payment of $ due in years on ! / ~otal monthly amount owed including escrow acceun; payments ~ You do not have a monthly escrow paymerd for items, such as property taxes and homeowner's insurance. You must pay these items directly yourself. Xn You have an additional monthly escrow payment of $192.49 that results in a total initial monthly amount owed of $1,015.69. This includes principal, interest, ai mortgage insurance and any items checked below: QX Property taxes 0 Homeowner's insurance Flood insurance ^ ^ ote: If you have any rfuestions about the Settl~:~~ent Charges and Loan Terms listed on this form, please contact your fender. revious editions are ol:~solete Page 3 of 4 FIUD-1 ~~ -- ~- ~. IiUD CERTIFICATION OF BUYER AND SELLER nave carefully reviewed the HUD-1 Settlement S`atement and to the best of my knowledge and belief, it is a true and accurate statement of all receipts and ~sbursements made an my account or by me i.: this transaction. I further certify that I have received a copy of the HUD-1 Settlement Statement. sresa K. Garrick Daniel S. Curlen -^ state elson ch gent: Kimberly L. Rhoades, Executrix .~. he HUD-1 Settlement Statement which I have prepared is a irue and accurate account of this transaction. (have caused or will cause the funds to be ~sbursed in accordance with this statement. ~, ~ ,~ ETT MENT AGE DATE /ARNING: IT IS A CRIME TO KNOWINGLY MAKE FALSE STATEMENTS TO THE UNITED STATES ON THIS OR ANY SIMILAR FORM. PENALTIES UPON ONVICTION CAN INCLUDE A FINE AND IMPRISONMENT. FOR DETAILS SEE TITLE 18: U.S. CODE SECTION 1001 AND SECTION 1010. revious editions are oUsolete Page 4 of 4 HUD-1 • • - i 1 r 1 Name of Borrower: Teresa K. Warrick Daniel S. Curlen Name of Seller: Estate of Nelson L. Minich File Number PA2010-276 7itleExpress Prepared 10/14/!010 at 2:56 pm Note: This page is furnished to give you an itemization of the amounts shown on Lines 1101, 1103 and 1104 of the Settlement Statement (HUD-1 ). This page accompanies but is not a part of the settlement statement. If a discrepancy exists, the information shown on the Settlement Statement (HUD-1) applies. Pald From Borrower's Funds at `Settlement Paid From 'Seller's Funds at Settlement 1100. Title Charges Amounts included ' inline 1101 1101. Title services and lender's title insurance 1,072.88 a. Documentation Fee $ 29.00 b. Notary Fee 10.00 __ c. __ _~ $ 39.00 1102. Settlement or closing fee 1103. Owner's title insurance (policy) $ 140.28 140.28 1104. Lender's title insurance (policy) 808.88 $ 1,033.88 a. Closing Service Letter 75.00 b. ALTA Short Form 100.00 c. 900 EPL-Res 50.00 (Total 1103 + 1104) 1105: Lender's title policy limit $107,184.00 1106. Owner's title policy. limik $119,094.13 1107.. Agents portion of the total title insurance premium $ 941.79 .1108: Underwriter's portion ofihe total title ins~ranceprem. 232:32 (Total 1107 + 1108) ~ 1109. --- ~V 1110. -- 1111. -V 1112. I _~ .. . - 1 - ;' 1100. Title Char es with Pa ee' Total: Ch'ar a Borrower: POC orCredit $oorower Line 1141 Seller Paid 1101. Title services and lender's title insurance $ a. documentation Fee to Salzmann Hughes, P.C. 29.00 29,00 ^~ ~ b. Notary Fee to Linda Fleming 10.00 10.00 _ ~ 1104. Lender's title insurance to Ofd Republic Nat. Title Ins/PA Real Estate 1,033.88 _ 1,033.88 __ $ 1',072;88 1',072:88 ESTATE NELSON L MWfCH B ~ Date 10!14/10 Ki erly hoades, Executrix J ~.~,(~L'L,`~~ e _10!14/10 Teresa K. a k Date 10/14/10 aniel S. Curlen ESCROW AGREEMENT THIS AGREEMENT, made and entered into this 14th day of October, 201.0, by and between, Pa Real Estate Settlement Services LLC, hereinafter known as Escrow Agent, and the Estate of Nelson L. Minich, hereinafter also known as ESTATE. WHEREAS, at the time of settlement of the premises designated as 2092 Newville Road, Plainfield, PA 17081, the state and federal inheritance taxes have not been paid and accepted by the approporaite govement agencies relinquishing a lien on the said real property. As a condition of settlement, ESTATE has placed in escrow with ESCROW AGENT the amount of Fourteen Thousand Five Hundred and 00/100 ($14,500.00) Dollars for the purpose of completion of inheritance tax return within 60 days of the date of this agreement. Payment of any taxes due will be disbursed from escrowed funds. Said escrow funds shall be returned to ESTATE upon confirmation that the state and, if applicable, the federal inheritance tax have been paid and accepted by the appropriate agencies. Should the inheritance tax become delinquent, in the sole opinion of the ESCROW AGENT, the ESCROW AGENT shall have the right to release the escrow funds to the appropriate state and federal agencies including but not limited to the Pennsylvania Department of Revenue in order to secure the release of any potential lien against the said property. ESTATE indemnify ESCROW AGENT for the payment of any accrued Pennsylvania Inheritance and/or Federal Estate taxes as well as any claim on behalf of the Department of Public Welfare attributable to the Estate of Nelson L. Minich. This Escrow Agreement represents the entire agreement between the parties, and may not be modified or altered except by a subsequent written agreement executed by and between the parties hereto. The parties hereby agree that the terms and conditions of this Agreement shall bind and inure to the benefit of their heirs, executors, administrators, successors and assigns. This Agreement shall be interpreted and construed under the laws of the Commonwealth of Pennsylvania. IN WITNESS WHEREOF, and intending to be legally bound, the parties hereto have hereunto set their hands and seals as of the day and year first above written. WITNESSES: "ESTATE OF NELSON L. MINICH" KI B L. RH~ADES, EXECUTRIX PA REAL ESTATE SETTLEMENT SERVICES LLC ~~~ ~_~SEAL) 2 APPRAISAL REPORT 151 N. MIDDLETON ROAD t~,ARLISLE, PENNSYLVANIA PREPARED FOR TI~I`/ ESTATE OF NELSON L. MINICH BY LARRY E. FOOTE DIVERSIFIED APPRAISAL SERVICES 5 EAST HIGH STREET, SUITE 101 CARLISLE, PENNSYLVANIA 17013-3052 (717) 249-2758 SUMMARY OF IMPORTANT FACTS AND CONCLUSIONS LOCATION: 151 N. Middleton Road Carlisle, Pennsylvania TAX PARCEL NUMBER: Part of 29-OS-0425-071. IMPROVEMENTS: Two-story detached single-family dwelling, barn and storage building. PROPERTY RIGHTS: Fee simple interest. OWNERSHIP HISTORY: The subject property is owned by Nelson L. Minich. The property is a portion of a property that was purchased on April 9, 1974 for a reported consideration of $3,000 and ownership transferred on Deed Book 250, Page 456. SCOPE OF THE ASSIGNMENT: The scope of the assignment included an analysis of the subject's area, an inspection of the subject property, an estimation of the property's highest and best use, consideration of all three approaches to value, and the application of those relevant to the valuation of the subject. OBJECTIVE: To estimate the market value of the subject property as unencumbered. EFFECTIVE DATE: March 13, 2010. HIGHEST AND BEST USE: Continued use as asingle-family residence and slate quarry. COST APPROACH: N.A. SALES APPROACH: $519,000 INCOME APPROACH: N.A. FINAL VALUE CONCLUSION: $519,000 2 APPRAISAL REPORT 23.4981 AC. TRACT OF` LAND NORTH MIDDLETON ROAD CARLISLE, PENNSYLVANIA PREPARED FOR THE ESTATE OF NELSON L. MINICH BY LARRY E. FOOTE DIVERSIFIED APPRAISAL SERVICES 35 EAST HIGH STREET, SUITE 101 CARLISLE, PENNSYLVANIA 17013-3052 (717) 249-2758 SUMMARY OF IMPORTANT FACTS AND CONCLUSIONS LOCATION: North Middleton Road Carlisle, Pennsylvania TAX PARCEL NUMBER: Part of 29-OS-0425=071 DESCRIPTION: A 23.4981-acre tract of vacant land. PROPERTY RIGHTS: Fee simple interest. OWNERSHIP HISTORY: The subject property is owned by Nelson L. Minich. The property is a portion of a property that was purchased on Apri19, 1974 for a reported consideration of $3,000 and ownership transferred on Deed Book 250, Page 456. SCOPE OF THE ASSIGNMENT: The scope of the assignment included an analysis of the subject's area, an inspection of the subject property, an estimation of the property's highest and best use, consideration of all three approaches to value, and the application of those relevant to the valuation of the subject. OBJECTIVE: To estimate the market value of the subject property as unencumbered. EFFECTIVE DATE: As of March 13, 2010. HIGHEST AND BEST USE: Use for agricultural purpose;.;, since the subject site would not pass a percolation test. COST APPROACH: N.A. SALES APPROACH: $84,000 INCOME APPROACH: N.A. FINAL VALUE CONCLUSION: $84,000 2 Art Amundsen Financial Advisor 21 West High Street Carlisle, PA 17013 Bus. 717-258-4688 www.edwardjones.com Edward Jones MAKING SENSE OF INVESTING April 13, 2010 Michael L. Bangs, Esquire Bangs Law Office 429 South 18th St. Camp Hill, PA 17011 Dear Michael: Re: 37701703-1-8 Per your request, we are writing to provide valuation for the following securities belonging to Nelson L Minich , now deceased. Qty Description Value Per Item Total Value Accr Div (*muni) 40,000 PA TURNPIKE 107.1080 42,843.20 0 10,000.0 DOYLESTOWN PA RUTH 91.4670 9,146.70 0 0 247.5721 CATERPILLAR INC 59.62 14,760.25 0 5 142.519 LORD ABBETT INTL OPPOR 11.33 1,614.74 0 2,515.22 LORD ABBETT DEV GRWTH 16.62 41,803.09 0 8 Following is a list of funds not held in firm name: QTY Description CUSIP or Price Per Total FMV Symbol Share 14,041.159 LORD ABBETT TAX FREE PA LAPAX 5.010 70,346.21 11,232.327 LORD ABBETT AFFILIATED LAFFX 10.71 120,298.22 Bent regards, .' -~ Art m dsen ~ Financial Advisor '.w ~'' ,,. .i~ , CUST~id1ER'S ORDER NO. DEPARTMENT DATA,. NAME - r ~ ; , t . ~ x,.. ADDRESS ~"~`~"~ ,. CITY, STATE, ziP SOLD E3Y CASH C.4.D. CHARGE ON ACCT. MQSE RETD Fr~1D QUT ~L'~3A~~TiTY i?ESGRiPTiOiV PR1G~ A3YtQlIi~T /~ ~ ~ i < ~.. ~~ ._.._., F as 1 ~ .. _-~ . ,„# r ~.1 ~;' as1 ~ T ' . f~F- __.._. _ j ~~ ~ :r n -T-_.__ f: h J d• r x .R..a ~ `~ C ... ' ~~ 9'l s 1,, _~; ~' _ ~ ~~" ~ C ~s:~~ 7 y' r f t ~ ' ~' ~ „,5 ~ 7 ~ r r r,. a ;1 ~';, .. ~x ~ ,~ ~ ~, ~t,.1 .. J I C~1 5 S p ~ / ~ .. .y_~.~. J Y ' ~ i~ ti' -- ~• ~ ~~-' 14 - Y;r ~ ~_____ ~ , ~ ~~~~~:. 4 171 r. _" ~ ~ ~ ~ ~''± :, ... A V t *.~.~~. ~ ~ (.'.S~h ~~c~~vED ~~ r~- ~, . , r_ ~"~ ~~ i~cEP' THlS SLUR FC1R R~FE~E#V~Ex`.:,r~ ~ ~. • ~-,~.~ x m~ M' ~~ RDC5805 DUPLICATE ~"'..,.," ~ ~~ ...,-..:w.. ~...... aw 3^u ,:>,+:. ~ c. w..." ,,.K;... ,,w ~:~- :ds .:N- G'.w ,.. _ }r.~+r .~ ~ u. u«.... xe... .a~ .+Y.xa>... d],vvt~+4i~F=r.7 a ~ r •.We.«r H r..~ 319020 CUS'iOiNER'S ORDER NO. DEPARTMENT DA ~ ~' ~ ~. ~ NAME ,~ ~ f~ t ~1l ~'I i ~" ~ 1 ~- ADDRESS CITY, STATE, ZlP SOLD HY CASN C.O.D. CHARGE ON ACCT. MDSE RETD PAID OUT QUANTITY DESCRtPTiON PRICE ~ AMOUNT .; 5 ~ ;~ ~~ i/ r 6 ~~7 `T ,~ ~~ ~ ~1 ,. f~~ f . ,,.~'~- . -r ~~~.~ 'rte- p t ~ , , ~~ `-'•~ ~.. , 7 ~...~ ~:._ ..ti~ ~ $ , 6 9 ' 10 ' 11 ' i 12 13 ,x. 14 15 ' 16 17 18 19 ~ ' 20 RECEfVED SY 1 ~~" KEEP THIS SLiP FOR REFERENCE f 5805 .. 4i~ras•Lv~.ar;- °~w2,~ a~s~.,~~`~~,.+~e~+C~.~~~aW~:,d~x~sc;:~i ~r~ Sovereign Bank ESTATE OF Nelson L. Minich SOCIAL SECURITY #: 191-18-2558 DATE OF DEATH: March 1 ~_ ~lll (1 Account #: 1671012402 Type: Checking Open date: 7/23/1999 In the name of: Nelson L Minich Date of Death Balance: $7,503.25 Int.(YTD) from 1/1/2010 to 3/5/2010 $1.32 Accrued interest to date of death: $0.14 Other Info: Account #: 1671016599 Type: Money Market Open date: 1/23/2001 In the name of: Nelson L Minich Date of Death Balance: $19,8$5.06 Int.(YTD) from 1/1/2010 to 3/5/2010 $23.56 Accrued interest to date of death:. $1.66 Other Info: Account cle~ecl nn ~3/~F/1 fl fnr X19 RR5 n~ Page 1 of 1 BILL OF SALE Estate of Nelson L. Minich 191 Union Hall Road (the "Seller"), Carlisle, Pennsylvania 17013, does herby sell, assign and transfer to Scott & Kimberly Rhoades (the "Buyer"), 191 Union Ha11 Road Carlisle, PA 17013 the following property. PROPERTY: 1990 John Deere tractor w/loader & mower deck IDENTIFICATION NUMBER: Serial # A004583 AMOUNT: $5,000.00 For a TOTAL AMOI:iNT OF $5,000.00 The Seller warrants the property is being transferred to the Buyer free and clears of any liens and encumbrances. The above property is sold on an KAS IS" basis. The Seller makes no warranties, express or implied (except as specifically stated in this document}. This transfer is effective as of 9/09/10. Paid w/ Check #161 SELLER: ,~ ~' ~ ~y ~~ r tate o elson L. Minich Ki L. Minich Executrix BUYER: :ate ~'^ Scott & Kimberly Rhoades ~, ~,~ Date q-%~D Date r BILL OF SALE Estate of lveison L. Minich (the "Seller") 191 Union Hall Road, Carlisle, Perulsylvania 17013, does herby sell, assign and transfer to Charles Minich (the "Buyer") 411 Easy Road, Carlisle, Pennsylvania 17015 the following property. PROPERTY: 1931 Chevrolet Sport Coupe IDENTIFICATION NUMBER: Vin 12AE50948 AMOUNT: $10,000.00 For a TOTAL AMOUNT OF $10,000.00 The Seller warrants the property is being transferred to the Buyer free and clears of any liens and encumbrances. The above property is sold on an "AS IS" basis. The Seller makes no warra,lties, express or implied (except as specifically stated in this document). This transfer is effective as of 9/30/10 SELLER: Estate of nelson L. Minich Kimberly L. Rhoades Executrix BUYER: ~i 3~ ~0 Da[e Charles Minich ~~ t ate ~ ~ ~ (D ~ ~ ~ ~ ~ ~ ~ ~ ~' ~~ ~ W ~ "~ ~~+ ~ "~3 n G ~ --J N CD 0 ,,,,! O ~ ~ N ~ ~ ~'. ~ ~ N n '~ ' '~ ~ ~ ,-' . ~' c O ~ ~ ~ ~. ~-+, O O r-h O ~ ~ ~ ~ q q N '~ O ~ CD ~ ~ W "" ~ ¢r ~ .-s ~ ~ cn ~ W ~, O N ~ co O ~ ~--' N ~ O to e•-. ~ ~ "~ ~' • cn N ~ ~ ~ O O ~• o ~ ~ o ~_ ~' ~ ~ G7 c ~ ° ~ ~ ~ ~" r c~ o -~ ~, ~.. ~' ~ . ~ ~ ,~ ,..r oo-~av ~ b o ~.-. ~~ ~~-- ~,, N p O O p 0 ~ O O O 0~ O ~ ~ O '~, ~ C/1 n ~_ ("1 w-~j ,~ ,~. cn ,~ . ~ -~ ' n O ~ D "~ t „..+.. ~-- ~ ~ c~ `~ ~ ~ n n CZ• -.] ~ ~ ~ ~ d ~ ~ ~ ~ ~ t ~ ¢ J Estate of Nelson L. Minich i9i Union Hall Road Carlisle, PA i~oi3 April 30, 2010 Sales agreement between Estate of Nelson L. Minich Kimberly L. Rhoades Executrix Namir Salkic 1424 Bradley Dr. Apt 212 Carlisle, PA 17013 717-249-1885 -Home Vehicle being sold: 1998 Chevy pickup truck 2W drive Vehicle Identification #: 1 GCEC14M4WZ223274 Price: $3,250.00 On this date April 30, 2010 Estate of Nelson L. Minich sold a 1998 Chevy Pickup truck to Namir Salkic . This vehicle is sold as is. t e f Nelson L Minich Kimberly L. RhoadesExecutrix Seller ~3~/ / Date Namir Salkic Purchaser Date BILL OF SALE Estate of Nelson L. Minich (the "Seller") 191 Union Hall Road, Carlisle, Pennsylvania 17013, does herby sell, assign and transfer to Jim & Kathy E. Wert (the "Buyer") 13179 Indian Trail Road, Belle Haven, Virginia 23306 the following property. PROPERTY: 1950 Ford 4-door Sedan IDENTIFICATION ritJMBER: Vin # BONR157408 AMOUNT: $2,000.00 For a TOTAL AMOUNT OF $2,000.00 The Seller warrants the property is being transferred to the Buyer free and clears of any liens and encumbrances. The above property is sold on an "AS IS" basis. The Seller makes no warranties, express or implied (except as specifically stated in this document). This transfer is effective as of 9/22110. Paid w/check # 1037 SELLER: Estat of N~l'son L. Minich Kimbe L. Rhoades Executrix Date BUYER: '..~~a Wert L ~~J y E. , ert ~~~a_; a Date SCHEDULE G Inter-Vivos Transfers & Misc. Non-Probate Property Estate of Minich, Nelson L. File No. 21-10-0309 1. Aviva Life and Annuity Company has failed to provide us with date of death valuation. We have attempted to reconstruct the valuation for inheritance tax purposes by taking the principal and interest (less any surrender charges incurred) of what was received by the Executrix who was one of five beneficiaries of the annuity. The calculation therefore is as follows: Annuity No. 464295 Principal payment to Executrix $5,000.00 Accrued interest to date of payment post date of death $1,001.42 Surrender charge $216.05 Total paid to Executrix $5,785.37 Times number of beneficiaries x 5 Total paid represents value upon payment which $28,926.85* exceeds date of death value *This amount in all likelihood exceeds date of death value since it includes adlditional accrued interest from date of death to time of payment to the beneficiaries but we are unable to provide that actual date of death value for the reason stated. Annuity No. 538927 Principal payment to Executrix $20,535.33 Accrued interest to date of payment post date of death $6,572.50 Total paid to Executrix $27,107.83 Times number of beneficiaries x 5 Total paid represents value upon payment which $135,539.15* exceeds date of death value *This amount in all likelihood exceeds date of death value since it includes additional accrued interest from date of death to time of payment to the beneficiaries but we are unable to provide that actual date of death value for the reason stated. 2. Western National Life Insurance Company has not provided a date of death value. We have attempted to reconstruct the valuation for inheritance tax purposes by taking the principal and interest (less any surrender charges incurred) of what was received by the Executrix who was one of five beneficiaries of the annuity. The calculation therefore is as follows: Annuity No. XP220464 Principal payment to Executrix $20,000.00 Accrued interest to date of payment post date of death $3,405.73 Total paid to Executrix $23,405.73 Times number of beneficiaries x 5 Total paid represents value upon payment which $117,028.65 exceeds date of death value *This amount in all likelihood exceeds date of death value since it includes additional accrued interest from date of death to time of payment to the beneficiaries but we are unable to provide that actual date of death value for the reason stated. Life Insurance Company o Annuity Division 1`~ ~~ ~'~ ~~~ L ~ ~ ~ ~3 ~~ G d~ ~~ e ~ ~~ ~~~ L October 12, 2010 KIMBERLY L RHOADES 191 UNION HALL RD CARLISLE PA 17013 Re: Nelson L Minich, Deceased Contract #: 8500267869 Dear Ms. Rhoades: This contract is an Annuity. Enclosed is the information that is needed to complete the estate tax return. Decedent - Nelson L Minich SS# - XXX XX 2558 Date of Issue - 05/09/2006 Type of Contract -Non-Qualified Value as of Date of Death (3/13/2010) - $164,489.97 Cost Basis $ 98,139.34 Beneficiaries- Charlene Feuchtenberger, Charles Minich, Teresa Barrick, Kimberly Rhoades, Carla Feuchtenberger if you have questions, please call us toll-free at 877-880-6367. We are available Monday through Thursday from 7:30 am to 5:00 pm (CST) and Friday from 7:30 am to 12:30 pm (CST). A service professional within the Claims and Benefit Department will be happy to take your important call. Sincerely, ~ ~~~ Falon Michalski Claims and Benefit Specialist Claims and Benefit Department cc: file ,. .. •, ...fit: a..• €.;. ~. ... ~f .", t ... .t ~. r." ~r _f . l ;~ ~i-. . . Life Insurance Company = Annuify Division ~n~~z~il~i~~~ cat their .hest October 12, 2010 KIMBERLY L RHOADES 191 UNION HALL RD CARLISLE PA 17013 Re: Nelson L Minich, Deceased Contract #: 8500266148 Dear Ms. Rhoades: This contract is an Annuity. Enclosed is the information that is needed to complete the estate tax return. Decedent - Nelson L Minich SS# - XXX XX 2558 Date of Issue - 5/25/2006 Type of Contract -Non-Qualified Value as of Date of Death (3/13/2010} - $176,641.23 Cost Basis $ 105,389.12 Beneficiaries- Charlene Feuchtenberger, Charles Minich, Teresa Barrick, Kimberly Rhoades, Carla Feuchtenberger If you have questions, please call us toll-free at 877-880-6367. We are availablfe Monday through Thursday from 7:30 am to 5:00 pm {CST) and Friday from 7:30 am to 12:30 pm (CST). A service professional within the Claims and Benefit Department will be happy to take your important call. Sincerely, ~~~ Falon Michalski Claims and Benefit Specialist Claims and Benefit Department cc: file ;. , t,. :. 3 alt. _' -'.s:( tie. -~, 3. .,... .i. '..J._ t . ..i .,, ~ _... -~~. ;, .; u.~ 1.. .'' I~'' M/DLANI~ /VA'7"I~-L 'Life Insurance Company • Annuity Division Annuities at theia~ Best October 12, 2010 KIMBERLY L RHOADES 191 UNION HALL RD CARLISLE PA 17013 Re: Nelson L Minich, Deceased Contract #: 8500263404 Dear Ms. Rhoades: This contract is an Annuity. Enclosed is the information that is needed to complete the estate tax return. Decedent - Nelson L Minich S S# - XXX XX 2558 llate of Issue - 4/25/2006 Type of Contract -Non-Qualified Value as of Date of Death (3113/2010) - $319,756.51. Cost Basis $ 190,775.72 Beneficiaries- Charlene Feuchtenberger, Charles Minich, Teresa Barrick., Kimberly Rhoades, Carla Feuchtenberger If you have questions, please call us toll-free at 877-880-6367. We are available Monday through Thursday from 7;30 am to 5:00 pm (CST) and Friday from 7:30 am t:o 12:30 pm (CST). A service professional within the Claims and Benefit Department will be happy to take your important call. Sincerely, Falon Michalski Claims and Benefit Specialist Claims and Benefit Department cc: file SCHEDULEI Debts of Decedent Estate of Minich, Nelson L. File No. 2;1-10-0309 1. Repairs contracted for by Decedent for his rental properties for work completed prior to his death but paid after death. A. Harold Stum -labor and materials for repairs $1,497.50 B. Darwin Black -labor and materials for repairs $3,881.98 C. John Mohler -furnace repair $144.28 D. North Eastern Supply -plumbing materials $727.11 E. Sherwin-Williams -paint $349.86 F. Tangers Appliance $68.90 G. Mackeys Flooring $1,875.38 H. Home Depot $856.35 I. C R Powers -repairs $150.00 $9,551.36 J ,. ~~~ I, NELSON L. MINICH, of Middlesex Township, Cumberland County, Pe~lnsylvania, declare this to be my last will and revoke any will previously made by me. ITEM I. I direct that all my just debts and funeral expenses, including my gravemarker ,- ~~'`~' and all expenses of my last illness, shall be paid from my residuary estate as soon as practicable ~ ~ after my death as a part of the expense of the administration of my estate. +~ ITEM II. I direct that any and all taxes and assessments imposed by any governmental body as a result of my death shall be paid from my residuary estate as soon as practicable after ,~ ,,my death as part of the expenses of the administration of my estate. ITEM III. I give to my wife, CABBIE R. MINICH, the sum of Fifty Thousand and 00/100 ($50,000.00) Dollars to satisfy my obligation under the Premarital Agreement dated 6 ovember 1991. The specific bequest under this provision is not in addition to my obligation nder that Premarital Agreement. I also provide her all my household goods with th.e exception of the following items that should go to the following named. individuals: A. Baby crib should be given to Patricia Minich. B. My five guns should be given to Charles N. Minich, Jr., Scott A. Rhoades, Edward Feuchtenberger, William Feuchtenberger and Chris Bottoms. My Executrix shall have the sole determination as to which guns should be provided to those individuals. C. Antique chest should be given to Patricia Minich. 1 D. Grandfather's clock should be given to Kimberly- L. Rhoades. + ITEM IV. I give to my granddaughter KIMBERLY L. RhOADES a portion of the real t~ estate that I own on North Middleton Road which his defined as Lot 1 under the Final Subdivision Plan for Nelson L. Minich dated January 11, 2007 and recorded in Plan Book B, ~~ Page 108, of the Recorder of Deeds of Cumberland County, Pennsylvania. ,1 ITEM V. I give to my grandson MARSHALL M. MINICII, JR. the sum of Ten l Thousand ($10,000.00) Dollars. I am making conscious and purposeful decision to leave Marshall M. Minich, Jr., the amount listed in this specific bequest and am not treating him the same as my other grandchildren. The decision was made by me alone without outside influence. ~i~a ITEM VI. I give, devise and bequeath all of the rest, residue and remainder of my possessions and estate of every nature and wherever situate in equal shares to the following or to .~ ~, 4 the survivor of them who shall survive my death by thirty (30) days: ~~ A. Kimberly L. Rhoades; B. Carla A. Feuchtenberger; C. "Teresa K. Barrick; D. Charlene L. Feuchtenberger; E. Charles N. Minich, Jr.; and F. Michelle M. Bottoms. ITEM VII. All of the interests of the beneficiaries hereunder shall not be subject to anticipation or to voluntary or involuntary alienation nor shall they be subject to any execution or attachment. 2 ITEM VIII. I appoint my granddaughter KIMBERLY L. RHOADES executrix of this my last will. Should my granddaughter predecease me or otherwise fail to qualify oar cease to serve as executrix of this my last will, I appoint SCOTT A. RHOADES executor of this my last will. ITEM IX. In addition to the other powers and authorities granted to my personal ~ representatives by Pennsylvania law and by the other terms and provisions of this weal, I hereby ~v gl e to my personal repres~ntahves the following powers and authorities effective without court approval and until actual distribution of all property. to compromise any claim or controversy; 1 to make distribution in cash or in kind, or partly in cash and partly in kind, and in such manner as my personal representatives may determine and at valuations finally to be fixed by them; to `~ invest in all forms of property, including any stock or other securities in any corporate fiduciary or its successor without restriction to investments authorized for Pennsylvania fiduciaries, as my personal representatives deem proper, without regard to any principle of risk or diversification; to retain any or all assets of my estate, real or personal, without regard to any principle of risk or diversification; to sell at public or private sale, to exchange, or to lease for any period of time, '~ any real or personal property and to give options for sales, exchanges, or leases, for such prices and upon such terms or conditions as my personal representatives deem proper; and to allocate receipts and expenses to principal or income or partly to each as my personal representatives ''~~ deem proper in their sole discretion. 3 ITEM X. I direct that my personal representatives and fiduciaries shall. not he required to give bond for the faithful performance of their duties in any jurisdiction. IN WITNESS WHEREOF, I have hereunto set my hand this day of ~--~ ~.......i . ~f , 2009. ... ~' ~ ..; i r' 7 _ ON L.`1V1I ICH 4 The preceding instrument, consisting of this and FOUR other typewritten pages, each identified by the signature of the testator was on the date thereof signed, published, and declared by NELSON L. MINICH, the testator therein named, as and for his last will, in the presence of us, who at his request, in his presence, and in the presence of each other, have subscribed our names as witnesses hereto. ~~~ ~~ I~arcJ~ ~~~~q~~ 5 COMMONWEALTH OF PENNSYLVANIA ) ( SS: COUNTY OF CUMBERLAND ) The undersigned, being the testator whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, does hereby acknowledge that I signed and executed the foregoing instrument as my last will, that I signed it willingly; and that I signed it as my free and voluntary act for the purposes therein expressed. ,f ~. IN C Swo+.-n or affirmed to and acknowledged before me ;~ the to for ~Name~j~ above Lhis ~/A~dav of ~ ~ IIJU,n1 1/~11~n2009. Notar~v Public COMMONWEALTH OF PEI~TNSYLVANIA CO - TH 4~ PENN '~'t.V to i~lolerisd Seoaf vu~,dy K smr~, Pu~c Leer Allen Tom., f~r~rtand County My Cornrt~ian E~Ires Nlay 1 u, 2011 er~vl~nl~ Association of ~~otad~ ( SS: COUNTY OF CUMBERLAND ) W E, ~ c ~~~ ~ and ~ ~~ ~,~, ,the witnesses whose names are signed to the attached or foregoing instrument, being duly qualified according to law, do depose and say that we were present and saw the testator sign and execute the instrument as .his last will; that he signed it willingly and that he executed it as his free and voluntary act far the purposes therein expressed; that each of us in the hearing and sight of the testator signed the will as witnesses; and that to the best of our knowledge, the testator was at that time 18 or more years of a e, of sound mind, and under no constraint or undue influence. ~ '~ ~~ ~ . Sworn ffirme, an ,acknowledged before ~' ~ ~ ay of ~. , 'Y .~ .2009. ~1a~,~F Nc4'±,~ry 1'uhlic QF F'ENtd6Yt,V ~~ K ~, nlo~y PubNc Lower Aden Twp•, (;~~,~~ ~~, ~ ~ E~In3s May 10, 2011 yf~renia Al3soclativn of Notaries 6