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HomeMy WebLinkAbout12-27-10~ 1505610101 R~~' ~,,5~~ rx ~o~ io, ~ OFFICIAL USE ONLY PA Department of Revenue pennsytvania ,,, ,-;,~-.~:~~~: County Code Year Fiie Number Bureau of Individual Taxes INHERITANCE TAX RETURN .~ ~ r PO Box 28060 r ~ ~;~%~ , ~ Narrisbur~, PA x.7128-060. RESIDENT DECEDENT -~ ~ ~ ~' ~- ~-~- ENTER DECEDENT iNFORiViATION BELOW Social Security Number Date of Death ~,~ltv~{DDYYYY Date of Birth MMDDYYYY 177-24-6231 03/28/2010 08/31 /1930 Decedent's Last Name Suffix Decedent's First Name MI ALONZO MARY JANE E (if Applicable} Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name.... MI Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL iN APPROPRIATE OVALS BELOW (*j 1. Original Re#urn C3 2. Supplemental Return C) 3. Remainder Return (date of death prior to 12-13-82j p 4. Limited Estate Q ~a. Future Interest Compromise (date of C? 5. Federal Estate Tax F;eturn Required death after 12-12-82) Q 6. Decedent Died Testate O 7. Decedent Maintained a Living Trust ~ _ 8. Total Number of Safi; Deposit Boxes (Attach Copy of Willj (Attach Copy of Trust} O 9. Litigation Proceeds Received C.~ 10. Spousal Poverty Gredit (date of death C9 11. Election to tax under Sec. 9113(A) between 12-31-91 and 1-1-J5) (Attach Sch. O) CORRESPONDENT - THIS SECTION MUST SE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO; Name Daytime Telephone Number STEVEN J ALONZO (717) 541-1203 REG{STER Qt''~tJN1LLS USE C~t'<ttY C r:~ -m. O ~"~i --~,.~ , .. l .: ~L i First line of address -~-~ - ... ~ LL3 ~ ~~ .,~ <<::,; _ r ~, ~~ z 710 VERONICA LANE '~' `~ rn ~ ~.: .~~ ;~, Second line of address f ~/ ~~ f ~ 1 FILED .__. ~ City or Post Office State ZIP Code ,: ~ C.~,:F ENOLA PA 17025-1554 Correspondent's a-mail address: SALONZO@MSLC.COM Under penalties of per}ury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of nay kn~~wledge and beli ef, it is true, correct and complete. Declaration of preparer other than the persona! representative is based on a{{ information of which preparer has any knowledge. SI TURE OF PER N RE PONSIBLE FOR FIl_4NG RETURN DATE 12/2.4/10 ADDRESS 710 VERO CA LANE, ENOLA PA 17025-1554 SIGNATURE OF PREPARER OTl-lER THAN REPRESENTATIVE DATE ADDRESS PLEASE USE ORIGINAL FORM ONLY L 1505610101 Side 1 15~56101~1 .:a~ J ~,5®561,~Z05 REV-150f~ Ex Decedent's Social Security Number Decedents game: MARY JANE E ALONZO 177-24-6231 RECAPITULATION 1. Real Estate {Schedule A) ............................................. 1. ' 52,000.00 2. Stocks and Bands{Schedule B} ....................................... 2. 3. Closely Hefd Corparatian, Partnership ar Sole-Proprietorship (Schedule C} ..... 3. 4. Mortgages and Notes Receivable {Schedufe D) . ....................... . .. 4. 5. Cash. Sank Deposits and Miscellaneous Personal Property {Schedufe E)....... 5. 1,230.75 6. Jointly Owned Property (Schedufe F} C7 Separate Sifting Requested ....... 6. 150.06 7. Inter-vivas Transfers & Miscellaneous Non-Probate Property {Schedule G) Cs Separate Billing Requested........ 7. 8. Total Gross Assets (total Lines 1 through 7) ............................. 8. 53,380.81 9. Funeral Expenses and Administrative Costs {Schedufe H} ................... 9. 17,194.94 10. Debts of Decedent, Mortgage Liabilities, and Liens {Schedufe f} .............. 10. 1,113.08 11. Total Deductions {total Lines 9 and 1 fJ} ..................... . ........... 11. 18,3fD8.02 12. Net Value of Estate {Line 8 minus Line 11} .............................. 12. 35,072.79 ', 13. Charitable and Governmental BequestsiSec 9113 Trusts for which an election to tax has not bean made {Schedule J} ......... . .............. 13. 14. Net Value Subject to Tax {Line 12 n~inus Line 13) ........................ 14. 35,072.79 TAX CALCULATION -SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, ar transfers under Sec. 9116 (a){1.2) X .!J 16. Amount of Line 14 taxable at lineal rate x .d 45 35,072.39 17. Amount of Line 14 taxable at sibling rate x .1 ~ 18. Amount of Line 14 taxable at caffateraf rate X .15 15. 16. 1, 578.28 17. 18. 19. TAx DuE ............... .... 19. 1,578.28 ...................................... 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT Side 2 3~5~563,OLt35 1,5L1561,~1~5 C7 J REV-1540 EX Page 3 File Number rlar-arlant'c irnmtl~P_fP_ AC~[il"P_SS' DECEDENT'S NAME MARY JANE E ALONZO STREET ADDRESS 402 NORTH EAST STREET ~iCARLISLE z~P 17013-2009 Tax Payments and Credits: 1. Tax Due (Page 2, Line 19} 2. CreditslPayments A. Priar Payments B. Discount 3. Interest ~~. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the QVERPAYMENT. Flll In oval on Page 2, Line 20 to request a refund. ,3. If Line 1 + Line 3 +s greater than Line 2, enter the difference. This is the TAX DUE. sTATEPA Tota4 Credits { A + ~) r2} (,3} (4} {5} Make check payable to: REGISTER OF WILLS, AGENT. 1, 578.28 1, 578.28 1, 578.28 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 :......................................................................................... ^ Q b. retain the right to designate who shaft 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? ...................................................................... ^ 0 2. If death occurred after Dec. 12, 1982, did decedent transfer property urithin ane 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 ar after July 1, 1994, and before ,tan. 1, 1995, the tax rate imposed an the net value of transfers to or far the use of the surviving spouse is v percent [72 P.S. §9116 {a} {1,1} {ijj. For dates of death on or after Jan. 1, 1995, the tai, rate imposed an the net value of transfers to or for the use of the surviving spouse is 0 percent [72 F.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. Far 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 an the net value of transfers to ar for the use of the decedent's lineal beneficiaries is 4.5 percent, except as nof:ed in 72 P.S. §9116{1.2j [72 P.S. X9116{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. X9116{a}{1.3j]. A sibling is defined, under Section 91 Q2; as an individual who has at least one parent in Gammon with the decedent, whether by blood or adoption. ~i' Pennsylvania SCHEDULE A ~~: bEPFat i MEftii OF RE`,/Eti~JE IAa~EkITFar~cE T,~~ kE`UkN REAL ESTATE kE~IDEPdT dEc.EdE(VT ESTATE 4F FILE NUMBER _.... MARY JANE E ALONZO 21-10-0385 ---------- - rea property owned safely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at ~rahich property ~raould be exchanged betaveen a willing buyer and a avifing seller, neither being Compelled to buy or sell, both having reasonable knoavledge o` the relevant facts. Real property that is jointly-owned with right of survivorship must be disclosed on Schedule F. tr more space is needed; insert additional sheets cf the same size. REV-? 508 EXt {6-98} ~Y . , C4~rtMONWEALTH OF PENNSYLVAN{A INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY ESTATE OF FILE NUMBER MARY JANE E ALONZO 21-10-0385 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH _ 1. BANK ACCOUNT: CORNERSTONE FCU -SAVINGS ACCOUNT 125.Oc) 2. BANK ACCOUNT: CORNERSTONE FCU -CHECKING ACCOUNT (LESS $20 OUTSTANDING GK) 3Q7.6;3 3. CASH-ON-HAND 17.0() 4. HOUSEHOLD ITEMS: BOOKS (VALUED PER THE SALES PRICE) 281.0() 5. HOUSEHOLD ITEMS: FURNITURE (VALUED PER SALES PRICE) 75.0() 6. HOUSEHOLD ITEMS: ALL OTHERS (VALUED PER SALES PRICE) 25.1? 7. HOUSEHOLD ITEMS NOT SOLD; DISTRIBUTED TO HEIRS (ESTIMATED VALUE) 400.OC1 TOTAL (Also enter on line 5, Recapitulation) $ I 1, 230.75 (If more space is needed, insert additional sheets of the same size) REV-i5og EX+ (oi-io) ~~ pennsytvania Dr;~r~I~Tr~rr~~r c,r r:~vrn~u~ INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE F )OINTLY-OWNED PROPERTY ESTATE OF: FILE NUMBER: MARY JANE E ALONZO 21-10-0385 JOINTLY OWNED PROPERTY: ITEM NUMBER LETTER FOR JOINT TENANT DATE MADE JOINT DESCRIPTION OF PROPERTY INCLUDE NAME OF FINANCIAL INSTITUTION AND BANK ACCOUNT NUMBER OR SIMILAR IDENTIFYING NUMBER. ATTACH DEED FOR JOINTLY HELD REAL ESTATE. DATE OF DEATH VALUE OF ASSET % OF DECEDENT'S INTEREST DATE OF DEATH VALUE OF DECEDENT'S INTEREST_ 1. A. CORNERSTONE FCU -CHRISTMAS CLUB ACCOUNT 300.12 50% 150.06 TOTAL (Also enter on Line 6, Recapitulation) I $ 150.06 If more space is needed, use additional sheets of paper of the same size. if an asset became iointly owned within one near of the decedent's date of death, it must be reported on Schedule G. pennsylvania ©Er~Faarr~E€vr of i~E~dErvuE _ :"JNERITANCE TAx R~TJR'V RESIDENT DECEDENT SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS ESTATE 4F _.. FILE NUMBER MARY JANE E ALONZO 21-10-0385 _.._ Decedent's debts must be reported an 5chedu{e I. ITE(~•1 ~~_ N~JMBER DESCRIPTION A1~10UNT A. FUNERAL EXPENSES, 1. EWING BROS FUNERAL HOME -FUNERAL 5,729.1)3 2. CUMBERLAND VALLEY MEMORIAL GARDENS -INTERNMENT 1, 595.00 3. PASTOR JOHN RDINGLE -FUNERAL SERVICES 125.C-0 i3. ADMINISTRATIVE COSTS; ~. Persona! Repraser:tative Commissions: Names; of Personal Representatives, STEVEN J ALONZO _ __ - _ -- Street ,address 710 VERONICA LANE - __ ~; a~~ ENOLA __ state _PA ZIP 17025 __ Years; Commission Paid: 201.1_.._ - _ _ _ - _ __ __ 2. Attorney Fees: 3. Famif~ Cxemption: (If decedent`s adc'ress is nat the same as caimant's, attach explanation.) Caimant Street Address -- -_ -_ -- Cay - - --- -- State zIP ---- Relationship of Claimant to Deceder:.t 4. Probate Fees: 5. ~ccountant Fees: 5. Tax. Return Preparer Fees. %~ SALE OF RESIDENCE: SETTLEMENT COSTS (SEE HUD-1 SETTLEMENT SHEET) $. DECEDANT'S RESIDENCE - MANNTENANCE & REPAIRS (GET HOME READY FOR SALE) 9. UTILITY: NATURAL GAS -HEAT DECEDANT'S RESIDENCE ~o. UTILITY -ELECTRIC SERVICE - DECEDANT'S RESIDENCE ~ ~ . UTILITY -WATER/SEWAGE - DECEDANT'S RESIDENCE 12. MISCELLANEOUS: CHECKS FOR CHECKING ACCOUNT 2,750.00 293.1:5 500.01) 3,524.21 2,065.3:3 259.9Ei 145.7? 194.69 11.9:1 TOTAL ;Also enter on Lire 9, Recapitulatianj ~ $ 17,194.94 if more space is needed, use addtitionai sheets of paper of the same size. REV _., l r. _.,. ; 1:_-nri's ~~~~ enns ~vania SCHEDULE I p Y oEF'A~Tr~E~rv ~~ of n~`~E'~~E DEBTS OF DECEDENT, I~aHE~ITaracE Tex ~E-uRv MORTGAGE LIABILITIES & LIENS ~CE~IDEPIT DEi;EQENT ESTATE OF FILE NUMBER MARY JANE E ALONZO 21-10-0385 Report debts incurred by the decedent prior to death that remained unpaid at the date of death, including unreimbursed medical expenses. If more spare is needec; insert adtlitonai sheets of the same size. REV-1513 EX+ (01-10) Pennsylvania SCHEDULE J DEPARTMENT OF REVENUE INHERITANCE TAX RETURN BENEFICIARIES RESIDENT DECEDENT ESTATE OF: FILE NUMBER: MARY JANE E ALONZO 21-10-0385 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE I TAXABLE DISTRIBUTIONS [Include outright spousal distributions and transfers under Sec. 9116 (a) (1.2).] 1. JOETTA D DINGLE DAUGHTER 1i3 2. SUSAN M ALONZO DAUGHTER 1 /3 3. STEVEN J ALONZO SON 1 /3 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18 OF REV-1500 COVER SHEET, AS APPROPRIATE. II NON-TAXABLE DISTRIBUTIONS A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN: 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS: 1 TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET. I $ If more space is needed, use additional sheets of paper of the same size. - ~- --..- - - - - '~ r n -- --.- - ~ ~~I,•, ~~ 10 ~ ~'~ - 9 P~ ~:, ~ y LAST WILL AND TESTAMENT OF MARY JANE E . ALON ZO ~~~~f` i~~~ ORY~-i ",'~"'~ ~,nf ITT I, Mary Jane E. Alonzo, of the Borough of Carlisle, Cumberland County, Pennsylvania, declare this to be my Last Will and Testament and revoke all Wills and Codicils previously made by me. ITEM I: I direct that all my legally enforceable debts, and funeral expenses, including all expenses of my last illness, shall be paid from my residuary estate as soon as practicable after my decease as a part of the expense of the administration of my estate. ITEM II: I bequeath any automobiles or motor vehicles I may own at my death, my personal effects, my household goods, and other tangible personal property of like nature (not including cash or securities), together with any existing insurance thereon, to such of my children as are living at my death, to be divided between them by my personal representative(s) with due regard to their personal preferences in as nearly equal sharE~s as practical. I direct that any of the foregoing articles not selected by my said children shall be sold at public or private sale by my personal representative(s), and I further direct that the net proceeds thereof shall be administered and distributed as a part of the residue of my estate. ITEM III: I bequeath the sum of One Thousand {$1,000.00) Dollars to each of my grandchildren, John R. Dingle, Daniel J. Dingle, Dawn E. M. Alonzo, and Autumn Lee Alonzo. ITEM IV: I devise and bequeath the residue of my estate of every nature and wherever situate, including any property over which I shall have any power of appointment, in equal shares, to my children, Joetta D. Dingle, Susan M. Alonzo, and Steven J. ~~~j ~ . ,/ ;J ~ i~ ~,i Alonzo. Should any of the above named persons predecease me, his or her share of my estate shall be added to the shares for the other named persons. ITEM V: In the event any of my property should pass, either under this Will or otherwise, to a minor, I appoint the parent guardian of any such property with respect to which I am authorized to appoint a guardian and have not otherwise specifically done so.. Such guardian shall have the power to use principal, as well as income, from time to time. for the minor's support, health and medical care, and education (including college education) without regard to his or her parent's ability to provide for such support, health and medical care, and education, or to make payment for these purposes, without further obligation or responsibility to see to the proper expenditure therefor, to the minor or to the minor's parent or to any person taking care of the minor. ITEM VI: All Federal, State and other death taxes payable because of my death, with respect to the property forming my gross estate for tax purposes, whether passing under this Will or otherwise, including any interest or penalty imposed in connection with such taxes, shall be considered a part of the expense of the administration of my estate and shall be paid out of the principal of my residuary estate without apportionment or right of reimbursement. ITEM VII: I appoint my son, Steven M. Alonzo, Executor of this my last Will. Should my said son fail to qualify or cease to act as Executor, I appoint my daughters, Susan M. Alonzo .and Joetta D. Dingle, Co--Executrices of this my last Will. ITEM VIII: I direct that all fiduciaries acting under this Will, whether or not named herein, shall not be required to give s =-- `" bond for the faithful performance of their duties in any jurisdiction. IN WITNESS WHEREOF, I have hereunto set my hand and seal, ,; this ~~1 ~ ~ `'' day of September, 1996 . _ EA ~ The preceding instrument, consisting of this and two (2) other typewritten pages, each identified by the signature of the Testatrix, was on the date thereof, signed, published and declared by Mary Jane E. Alonzo, the Testatrix therein named, as and for her last Will, 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 hereto. 1 ~_ ,' 1 f~~ ~ . ,; 'i`f ~ ~ ,ter) . . ~. i ~ ,,' COMMONWEALTH OF PENNSYLVANIA ss. COUNTY OF CUMBERLAND We, Mary Jane E. Alonzo, John B. Fowler, III, and Mary M. Price, the Testatrix and the witnesses, respectively, whose names are signed to the foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the Testatrix signed and executed the instrument as her last Will and that she has signed willingly, and that she executed it as her free and voluntary act for the purposes therein expressed, and that each of the witnesses, in the presence and hearing of the Testatrix, signed the Will as witness and that to the best of his/her knowledge the Testatrix was at that time eighteen years of age or older, of sound mind and under no constraint or undue influence. .:~ , ~ ~/, Testatrix -_~- .~' ,~ :,,_ Witness ~ Witness i r, , Subscribed, swoz-n to and acknowledged before me by Mary Jane E. Alonzo, the Testatrix, and subscribed and sworn to before me by John B. Fowler, III, and Mary M. Price, the witnesses, this ~~},{~~~`"'` day of September, 1996. l ~` ~ ` ` / Notary Publ~.c:: NOTaA!Ai. SE.dI ~~ICHAEI ~ ~i!!'~~'tE, NJTARY PUBLlC BCfiO OF CAFiLISf_E. Cl;MB~ft~,4AiD C0~l~lTY htY CC,~,'hIISStON EX~tFiES ~JECEM6ER 20. 19?6 ~-~ plifl A. Settlement Statement (HUD-1) PP ~ ~ ~~'~,;~-~,x~.~~~~~~~,r~,.. ~e~~x... OMB A royal No. 2502-02f5 Il~ll~l~ or B. Type of Loan 1 L7 FHA 2.0 RHS 3.O Conv. Unins ' 6. File Number 7. Loan Number: 4 ^ VA 5.^ Conv. Ins ~ 20 ".0-15 I 390287-03 8. Mortgage Insurance Case Number: C. Note: This form 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 8 Address of Borrower: 60 West, LLC 1?7 N. E3anover Street Carlisle, PA 17Ci3 E. Name & Address of Seller: Steven .T. Alonzo, Executor Estate of Mary Jane E. Alonzo 71.0 Veronica Ln. Enola, PA ]x'025 F. Name 8 Address of Lender: Members 1st Federal Credit Un-ion 5000 Louise Drive Mechanicsburg, PP. 17055 G Propertytocation: 902 N. East Street Carlisle, PA '7013 H. Settlement Agent: Turo Law Offices 1.29 South Pitt Street Carlisle, PA 17013 TIN:25-1616709 Phone:(71~) 295-9688 Lot: 02-20-1800-244 dock.: Place of Settlement: L7.9 South Pitt Street Carlisle, PA 17013 I Settlement Date: lli 9/2010 Funding Date'. 11/9/2010 J. Summary of Borrower's Transaction K. Summary of Seller's Transaction 100. Gross Amount Due From Borrower 400. Gross Amount Due To Seller 101. Contract sales price 5~, 000.00 401. Contract sales price 52, 000.00 102. Personal property 402. Personal property 103. Settlement charges to borrower (line 1400) 18, 646.58 403. 104. 404. 105. 405. Adjustments for items paid by seller in advance Adjustments for items paid by seller in advance 106. Cityltown taxes: 11/9/2010-12/31/2010 58.69 406. Cityltown taxes: 11J9/2010-12!31)2010 58.69 to Carlisle Boro Tax Account t0 Carlisle Boro Tax Account 107. County taxes: 407. County taxes: to to 108. Assessments: 408. Assessments: to to 109. 409. 110. School Tax 11/9/2G10-6/30/201] 530.83 410. School Tax 11/9/2010-6/30/?_011 530.8' 111. 411. 11z. a12. 120. Gross Amount Due From Borrower .1, 7.:6.10 420. Gross Amount Due To Seller 52, 589.52 200. Amounts Paid By Or In Behalf Of Borrower 500. Reductions In Amount Due To Seller 201. Deposit or earnest money SC 0.00 501. Excess deposit (see instructions) 202. Principal amount of new loan(s) 5~1, 500.00 502. Settlement charges to seller (line 1400) 3, 529.21 203. Existing loan(s) taken subject to 503. Existing loan(s) taken subject to 204. 504. Payoff of first mortgage Loan 205. 505. Payoff of second mortgage loan 206. 506. 207. 507. 208. 508. 209. 509. Adjustments for items unpaid by seller Adjustments for items unpaid by seller 210. City/town taxes: 510. City/town taxes: to to 211. County taxes: 511. County taxes. to to 212. Assessments: 512. Assessments: tO to 2'I 3. 513. 214. 514. 215. 515. 216. 516. 217. 517. 218. 518. 219. 519. 220. Total Paid BylFor Borrower 58, 000.00 520. Total Reduction Amount Due Seller 3, !i29 . 21 300. Cash At Settlement FromlTo Borrower 600. Cash At Settlement To/From Seller 301. Gross Amount due from borrower (line 120) ~ 1, 236.10 601. Gross amount due to seller (line 420) 52, 589.52 302. Less amounts paid by/for borrower (line 220) 58, 000.00 602. Less reductions in amount due seller (line 520) 3, 529.21 303. Cash ~ From ~ To Borrower 13, 236.10 603. Cash ^O 70 ^ From Seller 49, 065.31 „~C ruoi~c neporrmg ~uraen ror rnis coiiecbon of information is estimated at 35 minutes per response for collecting, reviewing, and reporting the data. This agency may not collect this information, and you are not required to complete this form, unless it displays a currently valid OMB control number. No confidentiality is assured; this disclosure is mandatory. This is designed to provide the parties to a RESPA covered transaction with information during the settlement process. © 2'009-2010 Easy Soft. Previous editions are obsolete Page 1 of 3 HUD-1 r ».__~_,-__------------------- -- -------- ----___ _ _9 _ _ __ { t. Settlement Char es - File Number- ) _1-_-Loan Number ~902tt 0^- - --- _-_-- _ -Paid From Paid From` _7.00 Total Real Estate Broker Fees _! Division of Com_ mission line 700 as follows. __ _ _~ _ ~ Borrower's ~ Seller's ~ ( --~--- - ~~ 701. $ ~ , 850. (0 to RE i Mr.x _t Advantage ~__ _ ~ Funds at ~ Funds at 702. $ - _ to _____ _ Settlement ~ Settlement _j 703. Commission paid at settlement ---- - -- --- - -- - --- - `~-- --- - 2, 850. OOI _ 704.Addi'ioral commission to RE/MAX ls~ Advanta e 4 _--_- _ -•-- -~ 2,0.00' 800. Items Payable In Connection With Loan j 801. Our origination charge _ ^ _ S (from GFE #1) __ 802. Your credit or charge (points) for the specific interest rate chosen S (from GFE #2) , - ~ __ ~ 803. Your adjusted origination charges Members 1st Federal Credit Union (from GFE A) - - -- -__.-------- j --- -- 804. Appraisal fee to Members 1 s~! PCU __ ,_ `_ (from GFE #3) -..-~_-- 9 00 . 0~ --_ _.__~.--i _805. Credit report to _-_ (from GFE #3) 806. Tax service to Tax Trax ,J ___ __ (from GFE #3) __- _ 90.00 _, 807. Flood certification to Members "~ st FCU (from GFE #3) _ 12.00 808. Loan Documentatior. Fee to Member. 1st FCU (from GFE #3) 500.00 809. I 810. 811. --~ 900. Items Required By Lender To Be Paid In Advance 901. Daily interest charges fromll/9/2010 to 12/1/201C @ S /day (from GFE#10) 902. Mortgage insurance premium for 0 months to (from GFE #3) __ _ J ~ 903. Homeowner's insurance for G years to (from GFE #11) V J 904. 905. ^~ 1000. Reserves Deposited With Lender -~ 1001. Initial deposit for your escrow account from GFE #9 1002. Homeowner's insurance ^, __ months @ per no S _ 1003. Mortgage insurance _______ __ months @ per ;n o 5 - - _ _ 1004. Property taxes months @ per mo S _ J1 1005. _ ____ __ months @ per mo S -- ____ _ 1006. months @ per mo S 1007. Aggregate Adjustment 50.00 1100. Title Charges 1101. Title services and lender's title insurance Turo Law Off, Agt for CTIC (from GFF_ #4) 786.08 1102. Settlement or closing fee ~ , 1103. Owner's title insurance Turo Law Off, Agt~for CTIC _ (from GFE#5) 1104. Lender's title insurance _ _ _ _ 5546.08 _~ _ _ 1105. Lender's title policy limit- _ ___ __ i _ - 55~, 500.00_ ~ 1106. Owners title olic limit _ 1107. Agent's portion of the total insurance premium _ S 50?_ . 26 1108. Underwriter's portion of the total insurance premium J S2B3. B? -- - -- r ~~ -~ r-- - - ------- - --- 1110 - - ---- - - -- - 1111. _-_ 1200. Government Recordin and Transfer Char es 1201. Government recording charges from GFE #7 188.50 1202. Deed 562.00 Mortgage 578. CO Release S 1203. Transfer taxes from GFE #8 520.00 1204. City/Countytaxlstamps: Deed 5520.00 Mortgage S 520.00 _ 'd205. State tax/stamps: Deed S Mortgage S 1206. Assignment of Rents 598.50 - 1207. $ -- ~ i 1300. Additional Settlement Char es 13_01. Required services that you can shop for _ (from GFE #6) 1302. Deed Preparation Fee to Turo Robinson __ -~ - 100.OG 1303. Escrow f.or Improvements to Members 1st Federal Credit Unio 15,900.00 1304.Fina1 Water/Sewer to Borough of Carlisle 59 21 1305. 1306. 1307. 1308. ""-- 1400. Total Settlement Char es enter on lines 103, Section J and 502, Section K 18 , 64 6.5 8 3 , 5 2 4 .21 ~ ~~avn ca~cwny r,av,ewea me nvu-i aetoement statement antl to the best of my knowledge and belief, it is a true and accurate statement of all receipts and disbursements de on my account dry me in t 's transaction. I further certify that I have received a copy of the HUD-1 Settlement Statement. / / j / cc--'~ // - ~~~""" G~~,s C SEC ~ d..~ __ 60 West, L/:.C Buyer/Borrower Steven Alonzo, Executor Seller /r Buyer/Borrower Estate of Mary Jane E. Alonzo Seller The HUD-1 Settlement Statement which I have prepared is a true and accurate account of this transaction. I have caused or will cause the funds to be disbursal in accordance with thiasfatetaent. ~ `--G' _ 11/9/2010 Law Offices Settlement Agent Date IG. It is a crime to nowin I make false statements to the United States on this or an other similar form. Penalties u on conviction can include a fine or im risonment. ?010 Easy Soft. Previous editions are obsolete Page 2 of 3 HUD-~ Charges That Cannot Increase HUD-1 Line Number Our origination charge #801 O )C C~ 00 Your credit or charge (points) for the specific rate chosen Your adjusted origination charges #802_ _ #803 i _ ___ _` ~) •_00 __ J` 0 - 00 0. 00 ~ _ 0 .00 ~ Transfer taxes f #1203 520.00 520. 00 Government recording charges #1201 _ 188.50 188.50 Appraisal fee ~ #804i ,400.00 , 400.00 --- #806 - Tax service ~-- -~ _ 90. OG _ 90.00 _ _ Flood certification #807 12 _0 C 12.0 C Loan Documentation Fee #808 500.00 500.00 1,190.50 1,190.50 ( 0.00 I or 0.00°, Initial deposit for your escrow account #1001 0.00 0.00 Daily interest charges Homeowner's insurance ` #901 $0.00/day #903 0. OC __ 0 .00 0.00 0.00 ~ _ Title services and lender's title insurance #1101 ~ 786.08 0.00 Loan Terms Your initial loan amount is ~ $57, 500.00 Your loan term is 7 Years ,_ __ _ Your initial interest rate is 6. 0% ___ Your initial monthly amount owed for principal, interest, and t $345.28 includes any mortgage insurance is I xO Principal D Interest ^ Mortgage Insurance _ Can your interest rate 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 °f°. Over the life of the loan, your interest rate is guaranteed to never be lower than % or higher than %. Even if you make payments on time, can your loan balance rise? D No. ^ Yes, it can rise to a maximum of $ . ` Even if you make payments on time, can your monthly ~ No. ^ Yes, the first increase can be on and the monthly amount amount owed for principal, interest, and mortgage insurance rise? owed can rise to $ . The maximum it can ever rise to is $ Does your loan have a prepayment penalty? ~ ~ No ^ Yes, your maximum prepayment penalty is $ . Does your loan have a balloon payment? ± ^ No. ~ Yes, you have a balloon payment of $51, 951.03 due in 7 years on 11!1612017. Total monthly amount owed including escrow account payments ~ 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 monthly escrow payment of $ ~ that results in a total initial monthly amount owed of $ .This includes principal, interest, any mortgage insurance and any items checked below: ^ Property taxes ^ Homeowner's insurance ^ Flood insurance ^ ~ ^ ^ Note: If you have any questions about the Settlement Charges and Loan Terms listed on this form, please contact your lender. © 2009-2010 Easy Soft. Previous editions are obsolete Page 3 of 3 HUD-1 r7r y n nG°..*. Syr,~.'~'9`:!~'°~SE'e~M'7e'".','~" } ',c+^":"C'i .1kC ` :"'R,L~b"d~l~Y gi' -.'.P'M''i::~'$ Misc Title Charges Added (Included in Line 1101) Borrower(s): 60 West, LLC File #: 2010-15 Seller(s); Steven J. Alonzo, Executor Estate of Mary Jane E. Alonzo Property 402 N. East Street Address: Carlisle, PA 17013 Settlement Date: 11/9/2010 Description __ _ _ ~ __ Amount 1 Lenders Endorsements 100, 300, 8.1 150.00 2 Closing Protection Letter to Conestoga Title Insurance Co. 75.00 3 Overnight Courier to Ron Turo, Esquire ~ 15.00 _____ Total: 240.00 Easy HUD 3.0 File # 2010-15