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HomeMy WebLinkAbout03-04-11~~ 1505610143 REV-1500 Ex `°'-'°' OFFICIAL USE ONLY PA Department of Revenue Pennsylvania County Code Year File Number Bureau of Individual Taxes oeP~nrM~rroFn~nn~ Po Box.28oso~ INHERITANCE TAX RETURN 21 0 9 0115 Harrisburg, PA 17128-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 174 16 9202 Ol 26 2009 09 26 1918 Decedent's Last Name Suffix Decedent's First Name MI FERGUSON HAROLD K (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI FERGUSON JANET M Spouse's Social Security Number THIS RETURN M UST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW 1. Original Return 0 2. Supplemental Return ~ 3. 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 Tax Return Required g Decedent Died Testate (Attach Copy of Will) ~ ~ Decedent Maintained a Living Trust (Attach Copy of Trust) 8. Total Number of Safe De osit Boxes p 9. Litigation Proceeds Received ~ 10. Spousal PovertY Credit (date of death bet 12 31 ~J1 d T 1 95 ~ 11. Election to tax under Sec. 9113(A) ween - an - - ) (Attach Sch. O) CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number JERRY A WEIGLE ESQUIRE 717 532 7388 First line of address 126 EAST KING STREET Second line of address City or Post Office State ZIP Code SHIPPENSBURG PA 17257 Correspondent's a-mail address: REGISTER Q~~LS USE ~.NLY i=' a Y ~ r--- :;,-; .,. ~.... . -0 • • ~.: DA~ FILED --~ ~' `r-~ ~~ ;~~ Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct and complete. Declaration of preparer other than the personal representative Is based on all information of which preparer has any knowledge. SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN DATE ADDRESS 1104 Heather D S~tf-'KATURE OF PREPARES Chambersbllhd. PA 17201 ADDRIr95 ~-. 126 East King Street, Shippl 1505610143 EN TIV DATE Jerry A. Weigle Esquire -- ~ °- / ns u , PA 17257 Side 1 1505610143 1..y_..~/P~ UUU :~ REV-1500 EX Decedents Name: Ferguson, Harold K. Decedent's Social Security Number 174 16 9202 RECAPITULATION 1. Real Estate (Schedule A) ....................................................................................... 1. 2. Stocks and Bonds (Schedule B) ............................................................................. 2. 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C)......... 3. 4. Mortgages 8~ Notes Receivable (Schedule D) ........................................................ 4. 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) ............... 5. 6. Jointly Owned Property (Schedule F) ^ Separate Billing Requested............ 6. 7. Inter-Vivos Transfers t~ Miscellaneous fin; Probate Property (Schedule G) u Separate Billing Requested............ 7. 8. Total Gross Assets (total Lines 1-7) ..................................................................... g. 9. Funeral Expenses & Administrative Costs (Schedule H) ....................................... 9. 10. Debts of Decedent, Mortgage Liabilities, 8~ Liens (Schedule I) .............................. 10. 11. Total Deductions (total Lines 9 8~ 10) ................................................................... 11. 12. Net Value of Estate (Line 8 minus Line 11) .......................................................... 12. 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. 46,227.06 46,227.06 2,015.00 2,015.00 44,212.06 44,212.06 TAX COMPUTATION -SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 0 . 0 0 15. (a)(1.2) X .00 16. Amount of Line 14 taxable 4 4 , 212.0 6 16. at lineal rate X .045 17. Amount of Line 14 taxable 0 . 0 0 17. at sibling rate X .12 18. Amount of Line 14 taxable 0 . 0 0 18. at collateral rate X .15 19. Tax Due ............................................................. ................................................ ... 19. .. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. Side 2 1505610243 1505610243 1505610243 0.00 1,989.54 0.00 0.00 1,989.54 J REV-1500 EX Page 3 DPCedPnt's Cmm~lete Address: File Number 21-09-0115 DECEDENT'S NAME Ferguson, Haro{d K. STREET ADDRESS 30 Scrafford Street CITY Shippensburg STATE PA Z1P 17257 Tax Payments and Credits: 1. Tax Due (Page 2, Line 19) 2. Credits/Payments A. Prior Payments B. Discount 3. lnterest Total Credits (A + B) (1) 1,989.54 (2) (3) (4) (5) 1,989.54 4, 1f Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 2 Line 20 to request a refund 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. a able to: REGISTER OF WILLS, AGENT. Make Check P~ ~ _ w ~. ~~ ~_ a; PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred :............................................................................... ^ ^x] b. retain the right to designate who shall use the property transferred or its income :.................................. ^ ^x c. retain a reversionary interest; or ............................................................................................................... ^ 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. -~ k: 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)J. . 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 by blood or adoption. 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 Ferguson, Harold K. 21-09-0115 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. fTEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 ~ PA Real Estate Settlement Services, LLC -settlement proceeds received 2-22-2011 *T`he circumstances necessitating the filing of this Supplemental Inheritance Tax Return for the Estate of Harold R. Ferguson are as follow: This firm was just advised within the last week that Harold R. Ferguson was an owner in a dog kennel club known as "The Chambersburg Beagle Club, Inc," The club was sold a little more than two months prior to the decedent's death. Decedent was an owner in said kennel club and was therefore entitled to a share of the sales proceeds which totaled X46,227 06. A check was tendered tothe decedent by the law firm representing the said kennel club but was not cashed by him during his lifetime and never materialized during the course of the administration of the estateo The fact that the check tendered to the decedent had not been cashed was not realized by the firm handling the transaction until they attempted to reconcile their escrow account within the last several weeks -- .hence the windfall to the estate which is now being reported as an additional taxable asset, Enclosed with this Supplemental Return is a copy of the check received along with a copy of the settlement sheet statemen from the law firm who handled the transaction described above. IInder these circumstances we request that no penalty be imposed for the late payment of PA Inheritance Tag in this instance. 46,227.06 TOTAL (Also enter on Line 5, Recapitulation) ` 46,227.06 (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-1151 EX+(10-06) SCHEDULE H 1 ~~ COMMO WR ALT~EOgp sUY~ANw FUNERAL EXPENSES & IN R~SIIDEN7 DECED~NTR ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER Ferguson, Harold K. 21-09-0115 Debts of decedent must be reported on Schedule I. ITEM DESCRIPTION AMOUNT N M R A, FUNERAL EXPENSES: B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative(s) Street Address City State Zio Year(s) Commission paid 2, Attorney's Fees Weigle & Associates, P.C. 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City State Zio Relationship of Claimant to Decedent 2,000.00 4. Probate Fees 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. Other Administrative Costs 15.00 See continuation schedule(s) attached TOTAL (Also enter on line 9, Recapitulation) 2,015.00 Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 10-06} SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS continued ESTATE OF FILE NUMBER Ferguson, Harold K. 21-09-0115 ITEM NUMBER DESCRIPTION AMOUNT Other Administrative Costs 1 Register of Wilis, Cumberland County -filing Supplemental PA Inheritance Tax Return H-B7 15.00 15.00 Copyright (c) 2002 farm software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98) REV-1513 EX+ (11-08) ~~f COMMOR~~IIDE TEDl~ED~N~RN AN1A SCHEDULE J BENEFICIARIES ESTATE OF FILE NUMBER rer uson, naro~a K. ~ 21-09-0 115 NUMBER NAME AND ADDRESS OF RELATIONSHIP TO DECEDENT SHARE OF ESTATE AMOUNT OF ESTATE PERSON(S) RECEIVING PROPERTY (Words) ($$$ 1' st ) I ' TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 a 1.2 1 Cheryl L. Zygmunt Daughter 100% 44,212.06 1104 Heather Drive Chambersburg, PA 17202 Total 44,212.06 Enter dollar amounts for distributions shown above on lines 1 5 throu h 18 on Rev 150 0 cover sheet, as a r o 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 II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule J (Rev. 11-08) PA REAL ESTATE SETTLEMENT SERVICES, LLC ESCROW ACCOUNT 016 6 6 4 Date: 02/17/11 Amount: 46,227.06 File Number: PA2008-247 Check #: 16664 Pay To: The Estate of Harold K. Ferguson Buyer: Brian E. Wise. and Melissa R. Wise Seller: The Chambersburg Beagle Club, Inc. Property: 4327 Jacks Mill Road, Chambersburg, PA 17202 46,263.06 Net Proceeds 36.00- stop payment fee 111111111111 I 1 .'III' 1, I~ ll, 1 111 I1'I'1 VIII I I I 1 I IIII ~I 4 I 1 I ,11 ~L, , ,I 1 ILA I ; 1 N' 1 11'1"I'IPj' I 1111 IIpJ i" '!' h .i ,, I 11,11, II r Ill q Iv 1, 1111 ;, •"I I Ilil 1I 1 ~ , I ~ I ~ T~II I ~ JI 11 111111,, 11.11111 IIII 111111111 11111. I IIIL 11, ~~, 111111 ' ~ ~ ~,, II iIIII~I I1 ~~~..1 I.'~•1~1 ,1~1~ I III ~ 111.1111 II 11 I.1 I ~1~III III III.' .Ills 1. 1 I I I I III al it ~II11', I I I~ IIII 1 i ~I''.1 ~~, ,11111. I 1 Ii r hl'~I ...IIJ ~~ II ~I ~.I ~'lII U,IIr Iilll~l II III II I~11 11,11111 11...1. ~I'~il' III I 11111 III III I. 1 I I d ~ I ~,1 'I' '"111 I ~-+I I, ~ III III Id I ~ III I I ~~ I I I • ~ II IIII I ~ I I ~r,ll IIII III IIII , I IIIIII I IIIJ p' I Illy I I gill ll, ~I 1 I .III ,I I I. ~..1i, I IIJ ~ ~ ~~' I I. I II, ~ I ~i I~ I I I. I I I ~I I i II II I.il I I: i ~il I' I I.,li I I I I~ ~ II I l II I J II ~ IIII I II ~ ,111 III ~ I ~ 1 III~~ 1 llul, ''i~ I IIII 1I 111 (IIII III I I IIII a 11, .111 .111 1 II 111 II IIII, X11 II 1 1 .II 1, I I I,1, III r11~l11 ! 11,1 I IIIIII. IIII I 'I I ~ III I.ES I I~ I 1 ~ I ,~1 I I. I~ I IIII I III. I IIII 111 Illl 1 ~ 1 1 I ,.I 1 ~ I~ Ili ~ ~~ ,I 1 I, IIII I ,I II ,1 .III ~ II I II IIII .IIII .,I. I II I II 1, IIII ..111 I I ~.. I 111 III I I I. ~,I I I ~ I.III 111.11 II 1 I I I .I 1 J ~. .I i ~ I ~ I I '. I, ~ I IIII I ~I I, ,.Ij ~ I I. ,I I II- I '.1. I III 1 1 1 I I I I I ,I, I~ ~ ~ I~ ^R~~I~ II 11 II I ~ 1111 I: I I 1 I I III I 11 I I ll III I II ~ I I ~II ~ I I I I I I I I •I I I I I I ~ I I ~;1111i1 III I, II, II1,1u1 IIIIII 11~ ~ I ~ ~1 ~d III III VIJI ~ II III 1 III I IIII I ~ 1.1•I~ II 1I I ~ ~'II I I I I 1 III III I ~ d. ~ I. 1 1!11,1 ~I" ' ~~ 1 I I ~ I11~ • IIII' V u~ 111 II IIII I .u I ~11 I~ I III ~'dlld III I ~I I' 111 hII 1111 IIII d I' 111 III I~ I 1 I ll' 11 II,I~I1~1 11.1 IIIIIII 111.111 1111111 I 111 1~~III~I1 IIII 1 ILII IIII II I~~ 1111 I 1 I II, II ~~~ III VIII IIII I ~I II ~ I ~II II I III I l l I I .IIIII11111~ ,1,11111'. ~11,11~1IIII,...7 ~ 111 I I'll IIIIII I1111111II II III III,11 II 1111 IIIIII III I1 VIII, ~11 111.I~IIII IIII IIII ~I II 1 I III ~ 1 I 11111...11 I.1 9 ~~ PA~J•~1~~1'~~~I IIII111,~, Vd~l' ~II,IIII .l. I III I11II IIIIII I I IIII I ~ II I I I Ills L Itl Idll ~ I'I~1111 I ~ I 1 II' I III II II III 1 I I~I 111. 111~I I I IIIIII 1 II 11 I I L ~ 1 I1~~ ~ ~ I IIII,.. 11 I I1 I 4111 1I I~III,~ Jll~llul11 IIII~IIIIII~V 16~11b ~ 1 h III q~.ll I {ll I Ill. p IIJ ,~ I 1 ~ I~ ql 111 •1 11,1111 I ~ 1 III I ILI ~ I I I 1 CHA1v1 ,.II 1~1•I~~III~~O-i 1 ~ lu~ Id1uIlldpl 11u1I11111,111IIpIlI all~ll~~Ill ,III~Itl~I,IIJ~I11lI ~111I~IIII~IIIII '!IIIIIIIII!11111I - 8ERS8URG, PA 1 X201 ~~~~~~ II~ IIJI,IIJI~I, - ,~ - =- - _ - - - f_ - -- - -_- - _ - - - -- - - -- -- - - -- -- - 16664 __ -- - -_ 111'11III IIIIIII'II~II1,11111 IIIIII I I, 02 1 **'~ 111 I1 I,d 111 11 111 ,I I II I, 111111111.11''1'Ill~ l' 111111111,1 X11'111111 II ll 111 ll, 1,.11,1,111 ,11111 'l Il 111'1' III'II I' 1111' II.1 I J I'I 1. / 7 / 11 ~ d o,1 111111 ll l l 1i ,IdI l I l 11;1.1 '. II I ~I,II, III 11111 IIII 1 IIII ,i1 I,III'lllll 111111111I~ I111111111'rl pll~l 111 ~III11 _,d11111p I I~ 111 41111110 l 1'111 II IIII~PPIII l;j l ' 1 $ 4 6, 22 7.0 6 ~. Ij jIIII' ,I1P11,111 I,... lull IIII I I I,,; II III, I•II; I IIII I 111'1111 I'll l!I 11 , 1111, ;IIIIIII 111 IIIIIII I ,IIII IIII '!I ,. Io. ,. 1, 1 1, I Ij 111 ~, ( 1111 I1' (IIIIIII II~' .IIII 1 IIII ullll ~VI III Iuldld 11'1111 b~ ~ ILI( Illl I I IIII ll 11,1,11 1 111111111 Illh 111 ~ r' 11~i11111 , 111411,! III 1111111 III I III L l,o~l II II I l ILI Il IIII VIII I d 1.111 I III IIII IIII ,, II III. ~~ III,III,1 '111111, I !~ 11~1~,11111 1~11'~Ill ~11IIIIIII' II,IIIIIII ~Ij111111 11111uIIII! li'11111II1II!11, ~I;111111.111 111111111111' 1IIIIiIIIII I II IIIIII ~ IIIIIII 1,111111.1111111 III 111 j11III' III I. ~~ Ill lull IIIrIl~1 1 II, Illll 11. ~ IIII. rl!1111; II' '!IIIIII 1 rl Ii1i 1,1'11 II l 1411 11a1'J I'I'I 1'Irl II I III r r 1 III',( IIII 1i, ~I11111u;11 I (IIIIIII r4 'IIII I'aI' 111 III a o. ,Ill II. ul,lll DATE IIIIIIp, IIIIulIIlPdIiIIIlIl11'1 IIIIIII'( II;;Ilydh 1111 I Il,ll IIII, 111111, Illph,l,ll I II'I;I III 11•,11 IIII. II,IL I~,~~IIII III 111 II IIII.. 1llllh IIIIII 111 1 AMOUNT it III,I,.IIiIII IInI1I11I111 111111 (IIII'' IIII VIII CI,IIIIIIiIII~lI111 IIIII11111 i1i11111I11 11;111111'1 IIIIIII11 IIIi1111111i11111IiIll 111 I IIIIII„ I I IIII 11111 " }e _SumFORTY STX THOUSAND__TWO HUNDRED TWENTY SEVEN DOLLARS and 06/100 _ - - -- TO°T~ _ - -= = _ = =~- O~ - _ ~~ E s t~~e --off ~- L~~n - - _ _ - ~ - - IIII IIIIIII 1 1111111IIi llilili'i 1 , IIII 11'111' lll~~r~ W i~+'IQ ~hi1i1' 9 .IC ''+' e 3 Ill C.1111111 1 i 1 Pt sENS~~~ 'll li ~ 1 II. I III IIIIII IIIIII IIII Ill ~; ~ I'Ih ~' 111,11 ~li'1.1 II'1 11 11, I II,I l rl ~ Il I I'.''1~~1111 1iI ~ IIIIII - -111' IIIIII' 141I111111f111. ,I'1'." ta„ G h 11111 1 1111.111 lI 11~ 11 I I I I I I 1 I y ~ 11.11 I ~il II 11 dl II 1. 111. 11 0 111 1111 11111' 1! 9 1 Il fl i= ~` ' II I I E I!I ~,~ ~ I I I 1111 I I I 11101 ~ 11 I IIr, I 1111.1 ~ I III l 1 11111 i 11111 I,i II IIII•,( I Ill 1~.2 1111 I11,1'.,~ 111 III I1 11111111 IIJIIj1 11 Ilil 111111. II 111 111. III~II,I 1111111/ 1I IIIIII 111111111 1 I 111Illllll I. ~1 ~ 7,I. 1~II,. 11 ~ II 111 III IIIIII 111 1111 ,IIIdIII I I I III '.III I IIIIIII II Illl I'I 1111111 I III II 1 11'1',1 j1.1 1111 iI~'I~~1' III III Ilh ji1 II 111111 i1~1}1i111 1.1~1~,p,,11I~IIryi 1j1'i~1i11~1,1111111~ III IIj IIII '1I IIII ~B ,4~~ ~ 1,11' I 11l~l!l~~l 1iI'lll! 1,1~'3~I+11ppeiL~Yw/ur~II~IIIIIIiII ~IIIIII~1~~'.Ir I 11U / II1'~I'iIIII111 111.~~1 I~1!III IIIIII IIIIIIIIII. qR `~_Q' 11i~,1;1, I ~ h Fa to Authorized Signature ~I'0 L6664~I' ~:0 3 L 3 ~ 50 36~: 106 L i0~,6 7u' r form HUD-1 (3/86) ref Handbook 4305.2 ,~. Set#;~exnent Statement R Tvr+-~ of I nan U.S. Departl..,tt of Housing and Urban Development nl-eR e.,.,n,.,~t nt„ ~~n~_n~a~ ie...,:.er ~ ~ i~ni~nne~ 1. ^FHA 2. ^FmHA 3. pConv. Unins. 4. ^VA 5. ~Conv.lns. 6. File Number PA2008-247 7. Loan Number 8. Mortgage Insurance Case Number ~s arm ~s um~s e o give you a s a amen o ac u se amen cos s. moun s pai o an y e se amen agen are s own. C. Note: Items marked "(p.o.c.)" were paid outside the closing; they are shown here for information purposes and are not included in the totals. WARNING: It is a crime to knowingly make false statements to the United States on this or any other similar form. Penalties upon conviction can inGude a fine and im risonment. For details see: Titte 1 t3 U. S. Code Section 1001 and section 1a1o. TItIeEXpfeSS Settlement System Printed 11/14/2008 at 08:20 MSR D. NAME OF BORROWER: Brian E. Wiise and Melissa R. Wise ADDRESS: 2370 Jack Road Chambersbur PA 17202 E. NAME OF SELLER: The Chambersburg Beagle Club, Inc. ADDRESS: 4327 Jacks Mill Road Chambersbur PA 17202 F. NAME OF LENDER: Farmers and Merchants Trust Co. ADDRESS: of Chambersbur P.O. Box 6010 Chambersbur PA 17201 G. PROPERTY ADDRESS: 4327 Jacks Mill Road, Chambersburg, PA 17202 Hamilton Townshi H. SETTLEMENT AGENT: PA Real Estate Settlement Services, LLC, Telephone: 717-263-2121 Fax: 717.261.9998 PLACE OF SETTLEMENT: 79 St. Paul Drive Chambersbur PA 17201 i. SETTLEMENT DATE: 11/14/2008 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 rice 686 850.00 401. Contract sales rice 686 850.00 102. Personal Pro rt 402. Personal Pro art 103. Settlement char es to borrower line 1400 11834.50 403. 104. 404. 105. 405. Ad'ustments for items aid b seller in advance Ad'ustments for items aid b seller i n advance 107. Count taxes 11!14/08 to 12/31/08 21.92 407. Count taxes 11114108 to 12131108 21.92 108. School Taxes 11114108 to 06!30109 372.43 408. School Taxes 11114108 to 06130109 372.43 109. 409. 110. 410. 111. 411. 112. 412. 120. GROSS AMOUNT DUE FROM BORROWER 699 078.85 420. GROSS AMOUNT DUE TO SELLER 687 244.35 200. AMOUNTS PAID BY OR ON BEHALF OF BOR ROWER 500. REDUCTIONS IN AMOUNT DUE TO SELLER 201. De osit or earnest mone 10 000.00 501. Excess De osit see instructions 202. Princi al amount of new loans 549 480.00 502. Settlement char es to seller line 1400 682 244.35 203. Existin loan s taken sub'ect to 503. Existin loans taken sub'ect to 204. 504. Pa off of First Mort a e Loan NONE 205. 505. 206. Seller Paid Closin Costs 5 000.00 506. Seller Paid Closin Costs 5 000.00 207. 507. 208. 508. 209. 509. Ad'ustments for items un aid b seller Ad'ustments for items un aid b seller 213. 513. 214. 514. 215. 515. 216. 516. 217. 517. 218. 518. 219. 519. 220. TOTAL PAID BYIFOR BORROWER 564 480.00 300. CASH AT SETTLEMENT FROM OR TO BORROWER 520. TOTAL REDUCTION AMOUNT DUE SELLER 687 244.35 600. CASH AT SETTLEMENT TO OR FROM SELLER 301. Gross amount due from borrower line 120 699 078.85 601. Gross amount due to seller line 420 687 244.35 302. Less amounts aid b/for borrower line 220 564 480.00 602. Less reduction amount due seller line 520 687 244.35 303. CASH FROM BORROWER 134 598.85 603. CASH TO SELLER 0.00 SUBSTITUTE FORM 1099 SELLER STATEMENT: The information contained herein is important tax information and is being furnished to the lntemal Revenue Service. If you are required to file a return. a negligence penalty or other sanction wilt be imposed on you if this item is required to be reported and the IRS determines that it has not been reported. The Contract Sales Price described on line 401 above constitutes the Gross Proceeds of this transaction. You are required bylaw to provide the settlement agent (Fed. Tax ID No: )with your correct taxpayer identification number. fl you do not provide your correct taxpayer identification number, you may be subject to civil or criminal penalties imposed by law. n eD-d r pe a fies'~ perjury, I certify that the number shown on this statement is my correct taxpayer identification number. TIN: - - / - - SELLER(S) SIGNATURE(S): / SELLER(S) NEW MAILING ADDRESS: SELLER(S) PHONE NUMBERS: (H) (W) .~~.aL:.~m:+:~:eswn:.uax>ss:n:.Yy:.=aoaw,aac,s:m«r..:,;..:,:..:w~u~:._a;s,..r..~:r.:_~..~:~<.:z~..+~-~cu.,u:zu:~,.: .. s ., ~'I$~JI/ ~ CEI~TIP'I~:I3 CC~~~' U.S. UrF'AR7MENT OF HOUSING AND URBP'" DEVELOPMENT ~viiii nuu-i ta~nal rer rtanaoooK 4~ub.L File Number: PA'' Q-247 PAGE 2 SETTLEMENT STATEMENT TitleEx ress Sett.. ..;nt S stem P rinted 11114/2008 at 0 8:20 MSR L. SET~'LEMENT CHARGES PAID FROM PAID FROM 700. TOTAL SALESJBROKER'S COMMISSION based on rice $686 850.00 4.000 = 27 474.00 BORROWER'S SELLER'S Division of commission line 700 as follows: FUNDS AT FUNDS AT 701. 27 474.00 to Ronnie Martin Real 1nC. SETTLEMENT SETTLEMENT 702. to 703. Commission aid at Settlement 27 474.00 800.1TEMS PAYABLE IN CONNECTION WITH LOAN 801. Loan Ori ination Fee 802. Loan Discount 803. A sisal Fee to Farmers and Merchants Trust Co. 750.00 804. Credit Re ort 805. Loan Document Fee to Farmers and Merchants Trust Co, 250.00 806. Flood Certification Fee to Farmers and Merchants Trust Co. 18.00 807. Assum tion Fee 808. 809. 810. 811. 900, ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE 901, interest From to Ida 902. Mort a e Insurance Premium for to 903. Hazard Insurance Premium for to . 904. 905. 1000. RESERVES DEPOSITED WITH LENDER FOR 1001. Hazard Insurance mo. Imo 1002. Mort a e Insurance mo. Imo 1003. Cit Pro ert Tax mo. Imo 1004. Count Pro ert Tax mo. 13,93 lmo 1005. School Taxes mo. 49.47 Imo 1009. A r ate Anal sis Ad'ustment 0.00 0.00 1100. TITLE CHARGES 1101. Settlement or closin fee 1102. Abstract or title search 1103. Title examination 1104. Title insurance binder 1105. Document Pre aration 1106. Nota Fees to Cash 10.00 10.00 1107. Attome 's fees to Dick Stein Schemel Wine 8~ Fre LLP 125.00 includes above items No: Deed Pre aration 1108. Title Insurance to La ers Title Ins.lPA Real Estate 3 560.00 includes above items No: 1109. Lender's Polic 549 480.00 - 1110. Owner's Polic 686 850.00 -3 560.00 1111. 100 No Viol 300 Surve 710 V to La ers Title Ins.IPA Rea{ Estate 250.00 1112. 1113. Closin SvcLtr to La ers Title Insurance Cor oration 35.00 1200. GOVERNMENT RECORDING AND TRANSFER CHARGES 1201. Recordin Fees Deed 41.50 • Mort a e 51.50 • Release 93.00 1202. Cit (Count taxlstam s Deed 6 868.50 • Mort a e 6 868.50 1203. State Tax/stam s Deed 6 868.50 • Mort a e 6 868.50 1204. 1205. 1300. ADDITIONAL SETTLEMENT CHARGES 1301. Surve 1302. Pest fns ection 1303. Tax Lien Cert./COGS to Es uire Assist Ltd. 84.00 1304. 1305. 1306. 1307. 1308. Other Disbursements 1520 647 682.85 1400. TOTAL SETTLEMENT CHARGES (enter on lines 103, Section J and 502, Section K_L 11 834.50 682 244.35 HUD CERTIFICATION OF BUYER AND SELLER I have carefully reviewed the HUD-1 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. I further ce~tify that t have received a copy of the HUD-1 Settlement Statement. 1 f a ~ ~ {~~ ~„ ~~o - e issa ise ~r.,~ ~ Ova. WARNING: IT IS A CRIME TO KNOWINGLY MAKE FALSE STATEMENTS TO THE The HUD- ttlement tatement which I have prepared is a true and accurate account of this transaction. UNITED STATES ON THIS OR ANY SIMILAR FORM. PENALTIES UPON CONVICTION I have r will the funds to be disbursed in accordance with this statement. CAN INGLUDE A F{NE AND IMPRISONMENT. FOR DETAILS SEE TITLE 18: U.S. CODE SECTION 1001 AND SECTION 1010. By: U.S. DEPARTMENT OF HOUSING AND URBP" `DEVELOPMENT _ SF~'T~EMENT STATEMENT roan HUD-1 (3/86) ref Handbook 4305.2 File Number: PA" ~ -~-247 PAGE 3 TiflnGvnrn~e Cnif: n} Cve4orn Drin4e.~) 11/1A/7r1r1Q n~ r1D.7r1 A/CD ITEMIZATION OF HUD LINE 1308 1500. SCHEDULE OF DISBURSEMENTS BUYER SELLER 1501. Net Proceeds to Carl. E. P or Jr. 46 263.07 1502. Net Proceeds to Mar aret Bennett 46 263.06 1503. Net Proceeds to Ra E ler 46 263.06 1504. Net Proceeds to Joe Fahrne 46 263.06 1545. Net Proceeds to Harold Fer uson 46 263.06 1506. Net Proceeds to Glenn Fries 46 263.06 1507. Net Proceeds to Gerald Galla her 46 263.06 1508. Net Proceeds to Llo d Holtin shead 46 263.06 1509. Net Proceeds to Donald Hott 46 263.06 1510. Net Proceeds to Charles McGarve 46 263.06 1511. Net Proceeds to Ral h Naessi 46 263.06 1512. Net Proceeds to Calvin P or Jr. 46 263.06 1513. Net Proceeds to Edwin P or 46 263.06 1514. Net Proceeds to Ra mond Smith 46 263.06 1515. 1516. 1517. 1518. 1519. 1520. TOTAL HUD LINE 1308 EXPENSE: 647 682.85