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HomeMy WebLinkAbout08-02-111505610143 EX (01-10) REV-1500 OFFICIAL USE ONLY PA Department of Revenue pennsylvania County Code Year File Number Bureau of Individual Taxes DEPARTMENT OF REVENUE PO 60X.280601 INHERITANCE TAX RETURN 2 ]. 10 12 63 Harrisburg, PA 17128-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 210 26 5651 12 21 2010 04 12 1934 Decedent's Last Name Suffix Decedent's First Name MI F'RIDINGER BETTY V (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 a 1. Original Return ~ 2. Supplemental Return ~ 3. Remainder Return (date of death prior to 12-13-82) 4. Limited Estate ~ 4a, Future Interest Compromise ~ 5. Federal Estate Tax Return Required (date of death after 12-12-82) 6 Decedent Died Testate ~ 7• (Attach Copy~of Trust)a Living Trust 0 8. Total Number of Safe Deposit Boxes (Attach Copy of Will) 9. Liti ation Proceeds Received ~ 1 p, Spousal Povert Credit date of death ~ 11, Election to tax under Sec. 9113(A) g between 12-31 ~J1 and -1-95) (Attach SCh. O) CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number u[~RF.12T c sCHOLLAERT ESQ 717 2 64 194 __ First line of address 82 WEST QUEEN STREET Second line of address PO BOX 513 City or Post Office State 21P Code CHAt~ERSBURG PA 17201 E REGISTER OI~-~l p ~~ SSE Y .:~ ~ ~'1 t ~.~ ~~~ :x1 ~. ~~ ~ ~ DATE FILED :a;~ ~~ :.": ~_ ,=_ ~? C~ Correspondent's a-mail address: 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. SIGNA RE OF PERSON RESPONSIBLE FOR FILING RETURN DATE v ,-~1 ~„ rI r~ ~C ~o ,~ ,13~ ~ Linda K. Keck ~( '7l~'l~' ! I 1137 Creek Road New Milford PA 18834 SI~URE OF PREPARE OTHER THAN EPRESENTATIVE DATE rl / ~ /I ~ _. ~ ~ Robert C. Schollaert Esq. '7 ~j q ~, ~ 82 West Queen Street, Chambersburg, PA 17201 Side 1 L 1505610143 1505610143 ~~ J REV-1500 EX Decedents Name: FI'Idltlger, Beth/ ~/• Decedent's Social Security Number 210 26 5651 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 & Notes Receivable (Schedule D) ........................................................ 4. 5. Cash, Bank Deposits 8~ Miscellaneous Personal Property (Schedule E) ............... 5. 6. Jointly Owned Property (Schedule F) ^ Separate Billing Requested............ 6. 7. Inter-Vivos Transfers & Miscellaneous ~nq Probate Property ^ Separate Billing Requested............ 7. (Schedule G) 8. Total Gross Assets (total Lines 1-7) ...................................................................... 8. 9. Funeral Expenses 8~ 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. TAX COMPUTATION -SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 15. (a)(1.2) X .00 16. Amount of Line 14 taxable 131 , 60 6.67 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. 1505610243 150,000.00 13,014.85 3,786.42 166,801.27 34,274.39 920.21 35,194.60 131,606.67 131,606.67 0.00 5,922.30 0.00 0.00 5,922.30 Side 2 150561U243 1505610243 Tax Payments and Credits: 1. Tax Due (Page 2, Line 19) 2. Credits/Payments A. Prior Payments B. Discount 3. Interest 0.00 4, If 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. (1) Total Credits (A + B) (2) (3) (4) (5) 5,922.30 0.00 5,922.30 Make Check Pa able 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 :............................................................................... ^ 0 b. retain the right to designate who shall use the property transferred or its income :.................................. c. retain a reversionary interest; or ............................................................................................................... x d. receive the promise for life of either payments, benefits or care? ............................................................ ^ ^x 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?....... ^ ^x 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 by blood or adoption. REV-1500 EX Page 3 File Number 21-10-1263 Decedent's Complete Address: Rev-1502 EX+ (11-08) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE A REAL ESTATE ESTATE OF Fridin 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. VALUE AT DATE ITEM DESCRIPTION OF DEATH NUMBER 1 Real estate lying and being situate in Hopewell Township, Cumberland County, 150,000.00 Pennsylvania, having a street address of 989 Ridge Road, Shippensburg -sale price TOTAL (Also enter on Line 1, Recapitulation} I 150,000.00 (If more space is needed, additional pages of the same size) V. FILE NUMBER 21-10-1263 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 wllling 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. Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule A (Rev. 11-08) 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 Fridin er, Bet V. 21-10-1263 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 DESCRIPTION NUMBER 1 2005 Jeep Grand Cherokee -date of death value as per Kelley Blue Book 2 Personal property - as per attached appraisal 3 CenturyLink -refund 4 Erie Insurance Company -vehicle insurance refund 5 Erie Insurance Company -homeowner's insurance refund 6 Received from John C. Stouffer, Jr. - prorata 2010-2011 school real estate taxes 7 U S Treasury - 2010 income tax refund TOTAL (Also enter on Line 5, Recapitulation) (If more space is needed, additional pages of the same size) VALUE AT DATE OF DEATH 10,675.00 965.00 36.58 543.00 133.00 122.27 540.00 13,014.85 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule E (Rev. 6-98) Rev-1509 EX+ (6-98) I. COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE F JOINTLY-OWNED PROPERTY ESTATE OF FILE NUMBER Fridin er, Bett V. 21-10-1263 If an asset was made joint within one year of the decedent's date of death, it must be reported on schedule G. SURVIVING JOINT TENANT(S) NAME ADDRESS RELATIONSHIP TO DECEDENT A. Linda K. Keck 1137 Creek Road Daughter New Milford, PA 18834 B. C. JOINTLY OWNED PROPERTY: DESCRIPTION OF PROPERTY % OF DATE OF DEATH LETTER DATE INCLUDE NAME OF FINANCIAL INSTITUTION AND BANK ACCOUNT DATE OF DEATH DECD'S VALUE OF DECEDENT'S INTEREST ITEM FOR JOINT MADE NUMBER OR SIMILAR IDENTIFYING NUMBER. ATTACH DEED FOR VALUE OF ASSE INTEREST NUMBER TENANT JOINT JOINTLY-HELD REAL ESTATE. 1 A 10/7/2010 Patriot Federal Credit Union account 3,786.42 100.000% 3,786.42 #5000017994 held jointly with daughter, Linda K. Keck -date of death value TOTAL (Also enter on Line 6, Recapitulation) I 3,786.42 (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 F (Rev. 6-98) REV-1151 EXt(10-06) gCHEDULE H ,. COMM WALT~E F P R T RI.NVANIA FUNERAL EXPENSES & '"~~DENT~~`ED~N~ ADMINISTRATIVE COSTS ESTATE OF Fridinaer, Betty V. ITEM NUMBE A. FUNERAL EXPENSES: Debts of decedent must be reported on Schedule I. DESCRIPTION FILE NUMBER 21-10-1263 AMOUNT See continuation schedule(s) attached I 2,173.98 g, ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative(s) Linda K. Keck Street Address 1137 Creek Road City New Milford State PA zip 18834 Year(sl Commission paid 2011 7,422.05 2. Attorney's Fees Black and Davison 7,422.05 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) 3,500.00 Claimant Linda K. Keck Street Address 989 Ridge Road city Shippensburg state PA zip 17257 Relationship of Claimant to Decedent Daughter 4. Probate Fees Cumberland County Register of Wills 65.00 5. Accountant's Fees 6. Tax Return Preparer's Fees 13,691.31 7. Other Administrative Costs See continuation schedule(s) attached TOTAL (Also enter on line 9, Recapitulation) 34,274.39 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 Fridin er, Bett V. 21-10-1263 ITEM DESCRIPTION AMOUNT NUMBER Funeral Ex e~ rases 1 Dan Clark -memorial service 100.00 2 Dan Swank -organist for memorial service 25.00 3 Linda Keck -reimbursement for funeral expenses 2,048.98 H-A 2,173.98 4 Other Administrative Gosts AAA -vehicle transfer fee 30.00 5 Black and Davison -reserve for closing costs 300.00 6 Black and Davison -administration expenses advanced 358.12 7 Carl Ocker Auctioneer -personal property appraisal fee 150.00 8 Commonwealth of Pennsylvania -vehicle transfer 58.50 9 Cumberland County Recorder of Deeds -seller's share of transfer tax on sale of real estate 1,500.00 10 Cumberland County Recorder of Deeds -satisfaction piece recording fee 50.50 11 Federal Express -shipment of items to decedent's son 123.56 12 Interstate Waste -trash removal 53.67 13 Jeremy Landi -snow removal at decedent's real estate 100.00 14 Jeremy Landi -lawn care 40.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98) SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS continued FILE NUMBER ESTATE OF 21-10-1263 Fridin er, Bet V. ITEM DESCRIPTION AMOUNT NUMBER 1,530.00 15 Linda Keck -travel expenses 16 Linda Keck -reimbursement for salt for water softener at decedent's home 14.42 17 Re/Max Delta Group -commission on sale of real estate 4,500.00 18 Re/Max Delta Group -transaction fee on sale of real estate 195.00 19 Sailhamer Real Estate -commission on sale of real estate 4,500.00 20 The Sentinal -legal notice 187.54 H_B7 13,691.31 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 Fridin V. FILE NUMBER 21-10-1263 Report debts incurred by the decedent prior to death that remained unpaid at the date of death, including unreimbursed medical expenses. VALUE AT DATE ITEM DESCRIPTION OF DEATH NUMBER 1 Adams Electric -debt of decedent 83.41 2 Central Valley Veterinarian Hospital -care for decedent's pet 146.50 3 CenturyLink -debt of decedent 80'92 4 Elk Lake Vet -vet care for decedent's pet 115.00 5 Elk Lake Vet -vet care for decedent's pet 60.00 6 Interstate Waste -debt of decedent 52.14 7 Kough's Oil Service -debt of decedent 357.24 8 Lutheran Social Services Foundation -debt of decedent 25.00 TOTAL (Also enter on Line 10, Recapitulation) I 920.21 (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-1513 EX+ (11-08) SCHEDULE J COM IN(~I~N/EDENT ~ECEDN~N~RNANIA BENEFICIARIES ESTATE OF Fridin er, Be V. NAME AND ADDRESS OF NUMBER PERSONISI RECEIVING PROPERTY TAXABLE DISTRIBUTIONS [include outright spousal I. distributions, and transfers under Sec. 9116 a 1.2 1 Sam Hawkins 6309 E. Redfield Road Scottsdale, AZ 85254 2 Linda K. Keck 1137 Creek Road New Milford, PA 18834 3 Chad Franklin Martin 51 Carbaugh Hollow Lane Fayetteville, PA 17222 FILE NUMBER 21-10-1263 RELATIONSHIP TO SHARE OF ESTATE AMOUNT OF ESTATE DECEDENT (Words) ($$$) Son 140% of residuary estate Daughter 160% of residuary estate Grandson 2005 Jeep valued at $10,675.00 Total ~ Enter dollar amounts for distributions shown above on lines 15 throu h 18 on Rev 1500 cover sheet as a ro I 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 SHEETI Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule J (Rev. 11-08) LAST WILL AND TESTAMENT I, BETTY V. FRIDINGER, of 989 Ridge Road, Shippensburg, Cumberland County, Pennsylvania, revoke all my prior Wills and declare this to be my Will. 1. I direct the expenses of my last illness, funeral and burial shall be paid from my estate as soon as practicable after my death. L. I give and bequeath my 2005 Jeep vehicle to my grandson, Chad Franklin Martin. 3. I give, devise and bequeath all the rest, residue and remainder of my estate, of whatsoever kind and wheresoever situate, as follows: A. Sixty (60%) percent to my daughter, Linda K. Keck; and B. Forty (40%) percent to my son, Sam Hawkins. In the event that any of my children shall predecease me, leaving lawful issue of him or her surviving, whether the same be natural born or adopted, then, and in that r: vC~i., ~ d;~ C~~ a !a< li .c .71 id! C vvl Ili..! i thc~'iai c! It ~ivvUlu ! IdvC tdl'~C; t, i! llvlt i~, be divldecl among the lawful issue of the one or ones so dying, per stirpes and not per capita. have made an unequal distribution of my estate to my children, not because I love one more than the other, and I hereby affirm that I love both o~.~ny child~~n equal, but in recognition of the considerable sacrifice and time devoted b~~uger, ~:~~~~, tom care Burin m last illness. ~'?~ °° ~" `~;' ~ o -~, ~ . -~=1 cr, `'`~ -1- 4. All death taxes payable because of my death, with respect to the property forming my gross estate for tax purposes passing under this Will, including any interest ~r penalty imposed in connection with such tax, shall be considered a part of the expense of the administration of my estate and shall be paid from my residuary estate without apportionment or right of reimbursement. ,,. I nominate, constitute and appoint my daughter, Linda K. Keck, as Executrix of this, my Last Will and Testament. If she for any reason does not act or continue to act, I appoint my son, Sam Hawkins, as Executor in her place with the same powers and duties. I direct that no Executor or Executrix named, nominated or appointed hereunder ~ shall be required to post bond or give any security of any type for any purpose whatsoever, any law or rule of court of the Commonwealth of Pennsylvania or any other jurisdiction to the contrary notwithstanding. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my seal the ~~ ~.. ~- day of ~= c~~~ 1~ ~~~ , 2010. i Betty V. F~idinger -2- Signed, sealed, published and declared as and for her Last Will and Testament ~ by Betty V. Fridinger, the above-named Testatrix, in the sight and presence of us, who at her request and in the sight and presence of her and of each other, have hereunto subscribed our names as witnesses on the day and year last above written. 1 1~ f I ~ ,•' ~ ,. -3- COMMONWEALTH OF PENNSYLVANIA SS COUNTY OF FRANKLIN I, Betty V. Fridinger, the Testatrix whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my Last Will; and that I signed it willingly and as my free and voluntary act for the purposes therein expressed. Sworn to or affirmed and acknowledged before me by Betty V. Fridinger, the Testatrix, this ~ ..-tom.. day of ~~~ c '{-;-~ ~,~ r , 2010. ~r ti .-'~" ~''~~ L" Testatrix r' ~z...~.. f ~.:ia:i1 1 _.. N7 "4 .Y ~...W. ....:..... .. ___.. _. .. ~' - .. - COMMONWEALTH OF PENNSYLVANIA SS COUNTY OF FRANKLIN We, ~ ~ ~. ;~~: i~_ ~ ~~- -rr- and ~..~ ~~ f~~._ C.. ~ ~. ~ ~ ~ ~r r• ~~ 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 Testatrix sign and execute the instrument as her Last Will; that the Testatrix signed willingly and executed it as her free and voluntary act for the purposes therein expressed; that each subscribing witness in the hearing and sight of the Testatrix signed the Will as a witness; and that to the best of our knowledge the Testatrix was at that time eighteen or more years of age, of sound mind and under no constraint or undue influence. Sworn to or affirmed and subscribed to ~ ~; ` ;~` ~~~ ~• ~- and ~ ~-. ~ ~-~ ~~ t: C' S <- h.~: I (~~~=,~ f: i ~^ day of ~-~ ~ ~ ~,._ , 201 .~ ~ ~ p ~ Notary 1 : ~ _ _ _ _ }, , ~ i • '?Y ~•:~ C ql. ...`fit ~~ ~:)'.~'~° a.. ~I It ^ i i... r".:c.... before me by witnesses, this OMB Approval No. 2502-0265 i~y~~~~~!!; A. Settlement Statement (HUD-1) FINAL .- . .. 6. File Number: 7. Loan Number: 8. Mortgage Insurance Case Number: ~ , ^ FHA 2. ^ RHS 3. Q Conv. Unins. CTA1307 5200035327 ~ 4. ^ VA 5. ^Conv. Ins. C. Note: This form is 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)" were paid outside the closing; they are shown here for informational purposes and are not included in the totals. E. Name & Address of Seller: F. Name & Address of Lender: D. Name & Address of Borrower: John C. Stouffer, Jr. Linda K. Keck, Executrix of the Estate of Betty V. Patriot Federal Credit Union 800 Wayne Avenue, Chambersburg, PA 17201 1489 Roxbury Road, Shippensburg, PA 17257 Fridinger H. Settlement Agent: I. Settlement Date: 05/27/2011 G. Property Location: 989 Ridge Road Franklin RE Services and Abstracting Co. Disbursement Date: 05/27/2011 Shippensburg, PA 17257 273 Lincoln Way East, Chambersburg, PA 17201 Hopewell Township Telephone:717-264-3290 Fax:717-264-1985 Place of Settlement: TitleExpress 273 Lincoln Way East, Chambersburg, PA 17201 by JLF 05/23/2011 at 9:34 am . :. e 400. Gross Amount Due to Seller 150,000.00 +~ 100. Gross Amount Due from Borrower 150,000.00 401. Contract sales price ~n~ rnntract sales price 102. Personal ro en 5,322.49 103. Settlement charges to borrower (line 1400) 104. 105. Adjustments for items paid by seller in advance 106. Cityltown taxes to 107. County taxes to 108. Assessments to 27 122 109. School taxes 05127!2011 to 0613012011 . 110. 111. 112' 155,444.78 120. Gross Amount Due from Borrower 200. Amounts Paid b or in Behalf of Borrower 2,000.00 201. Deposit or earnest money 000.00 110 202. Principal amount of new loan(s) , 203. Existin loa s taken sub'ect to 204. 205. 206. 207. 208. 209. Ad'ustments for items un aid b seller 210. Cityltown taxes to 88 130 211. County taxes 0110112011 to 0512712011 . 212. Assessments to 213. 214. 215. 216. 217. 218. 219' 112,130.88 220. Total Paid b /for Borrower Cash at Settlement fromlto Borrower 300 . Gross amount due from borrower (line 120) 155,444.7 301. 302. Less amounts paid bylfor borrower (line 220) 112,130.8 ^ To Borrower 303. Cash ^X From 43,313.8 e u ,c epo ing u en or is co c ion o m orma ton a es ima e a mtnu es per response or co ec ing, rewewrn this form, unless it tlisplays a currently valid OMB control number. No confidentiality is assured. This disclosure is mantlalory process. 402, Personal ro ert 403. 404. 405. Ad'ustments for items aid b seller in advance 406. Cityltown taxes to 407. County taxes to 408. Assessments to 409. School taxes 0512712011 to 0613012011 410. 411. 412. 420. Gross Amount Due to Seller 500. Reductions In Amount Due to Seller 501. Excess deposit (see instructions) 502. Settlement charges to seller (line 1400) 503. Existin loa s taken sub'ect to 504. Payoff of first mortgage loan 505. Payoff of second mortgage loan 506. 507. 508. 509. Ad'ustments for items un aid b seller 510. Cityltown taxes to 511. County taxes 01101!2011 to 05127!2011 512. Assessments to 513. 514. 515. 516. 517. 518. 519. 520. Total Reduction Amount Due Seller 800. Cash at Settlement tolfrom Seller 6 601. Gross amount due to seller (line 420) 8 602. Less reductions in amount due seller (line 520) 8 803. Cash ^X To ^ From Seller 9 This s designetl to provide the parries too a f7ESPA covered Itlransaclion wild nrormalon During Ine 122.27 150,122.27 10,745.50 130.88 ~ / 10,876.38 150,122.27 10,876.38 139,245.89 HUD-] Page 1 of 4 Previous editions are obsolete 00 000 $ 9 Paid From Paid From ' . , 700. Total Real Estate Broker Fees Borrower's s Seller Division of commission line 700 as follows: to RelMax Celta Group i Funds at Funds at 701. $4,500.00 to Sailhamer Real Estate / Settlement Settlement 00 ~ 000 9 702. $4,500.00 703. Commission paid at settlement . , 195.00 ~ nsaction Fee to Re(Max Delta Group T 04 ra . 7 800. Items Pa able in Connection with Loan ination charge (Includes Origination Point 0.000% or $0.00) $566.95 i O (from GFE #1) g ur or 801. 802. Your credit or charge (points) for the specific interest rate chosen $ from GFE #2) (from GFE A) 566.95 803. Your adjusted origination charges i from GFE #3 O 00 P C. B ( ) $375 s 804. Appraisal fee to E er A raisa . . . (from GFE #3) 19.40 to MDA Lendin Solutions 805. Credit report (from GFE #3) 85.00 806. Tax service to PHH Mort a e Services (from GFE #3) 19.50 807. Flood certification to PHH Mort a e Services to 808. 900. Items Re uired b Lender to be Paid in Advance m 05127!2011 to 06101/2011 @ $14.31511day f from GFE #10 ) 71.58 ro 901. Daily interest charges from (from GFE #3) 902. Mortgage Ins. Premium for months to from GFE #11 C. B ( ) O 00 P $661 903. Homeowner's insurance for 1 ears to Nationwide . . . from GFE #11 months to 904. 1000. Reserves De osited with Lender (from GFE #9) 1,301.11 1001. Initial deposit for your escrow account 1002. Homeowner's insurance 3 months $ 55.081month $165.24 1003. Mortgage Insurance months $ O.OOlmonth $ 1004. School Property Tax 12 months $ 108.431month $1,301.16 1005. Couniy Property Tax 4 months $ 27.271month $109.08 I Assessments months $ O.OOlmonth $ 1006 . 1007. Aggregate Adjustment $-274.37 ~/ 1305. "' ~ ~ ~ ~ ~ 5,322.49 10,745.50 ,i~ .. ~- 'Paid outside of closing by (B)orrower, (S)eller, (L)ender, (I)nvestor, Bro(K)er. "Credit by lender shown on page 1."'Credit by seller shown on page 1. HUD-] Page 2 of 4 Previous editions are obsolete Good Faith Estimate 4UD•1 Com arison of Good Faith Estimate GFE and HUD-1 Char es Char es That Cannot Increase HUD•1 Line Number 95 566 566.95 Our origination charge # 801 . 00 0 0.00 Your credit or charge (points) for the specific interest rate chosen # 802 . 95 566 566.95 Your adjusted origination charges # 803 1203 . 1,500.00 1,500.00 Transfer taxes # Char es That in Total Cannot Increase More Than 10°!° Government recording charges # 1201 Appraisal fee # 804 Credit report # 805 # 806 Tax service # 807 Flood certification ' 1101 s title insurance Title services and lender Owner's title insurance # 1103 Good Faith Estimate HUD-1 1,100.00 1,301.11 243.36 71.58 530.04 661.00 Loan Terms Your initial loan amount is $110,000.00 Your loan term is 30. years Your initial interest rate is 4.7500% Your initial monthly amount owed for principal, interest, and any mortgage $573.81 includes insurance is []X Principal []X Interest Mortgage Insurance Can your interest rate rise? ^X No. ^ Yes, it can rise to a maximum of %. The first change will be on 1 1 and can change again every years after 1 / .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 %• Even if you make payments on time, can your loan balance rise? Q No• ^ Yes, it can rise to a maximum of $ • Even if you make payments on time, can your monthly amount owed for 0 No• ^ Yes, the first increase can be on 1 1 and the monthly principal, interest, and mortgage insurance rise? amount owed can rise to $ The maximum it can ever rise to is $ Does your loan have a prepayment penalty? ^X No. ^ Yes, your maximum prepayment penalty is $ ^X No. ^ Yes, you have a balloon payment of $ due in Does your loan have a balloon payment? years on 1 1 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. ^X You have an additional monthly escrow payment of $190.78 that results in a total initial monthly amount owed of $764.59. This includes principal, interest, any mortgage insurance and any items checked belcw: 0 Property taxes 0 Homeowner's insurance Flood insurance Note: If you have any questions about the Settlement Charges and Loan Terms listed on Phis form, please contact your lender. HUD-] Page 3 of 4 Previous editions are obsolete ~.~~ HUD CERTIFICATION OF BUYER AND SELLER I have carefully reviewed the HUD-1 Settlement Statement and to t urther certinythat I hav9e received a copy of the HUD-1cSettlement Statement receipts and disbursements made on my account or by me in this transaction. I f fY C~~~' ~-- n C. Stouffer, Jr. i ~ ~ ~! ~a ~ s Linda K. Keck, Execut ix of t e s of Betty V. Fridi r 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 disbursed in accordance with this statement. ~~ SETTLEMENT AGE ~/ DA WARNING: IT IS A CRIME TO KNOWINGLYnMPRKSONMENT FOR DETAILS SEE T THE BDUSACODE SECTION 1001 ANDISECT ONN1 OPONALTIES UPON CONVICTION CAN INCLUDE A FINE AND HUD-] Page 4 of 4 Previous editions are obsolete •. ~ ~ • ~- ~ ~ ~ Name of Seller: File Number: Name of Borrower: CTA1307 John C. Stouffer, Jr. Linda K. Keck, Executrix of the Estate of Betty V. Fridinger Prepared 05123/2011 at 9:34 am Note: This page displays an itemization of the adjusted origination charges shown in section 800 of the HUD-1 Settlement Statemen This page accompanies but is not a part of the HUD-1 Settlement Statement. If a discrepancy exists, the information on the HUD-1 Settlement Statement applies. Borrower Seller Your Loan Origination Charges 801. Our origination charge (Includes Origination Point 0.000% or $0.00) 200.00 Processing Fee to Patriot Federal Credit Union $ 360.00 Underwriting Fee to PHH Mort a e Services $ 6.95 MERS Fee to Patriot Federal Credit Union $ 802. Your credit or charge (points) for the specific interest rate chosen $ 0.00 to 566.95 0.00 803. Your adjusted origination charges . ~ r:l_ A1. ~... {...r• HUD-l Page 1 of 1 Previous editions are obsolete I V ,J CARL E. OCKER AUCTIONEER 4401 Philadelphia Avenue Chambersburg, PA 17201 (717) 264-6578 Personal Property Appraisal for Betty Fridinger Estate 989 Ridge Road Shippensburg, PA 17257 LIVING ROOM 00 75 2 PC LIVING ROOM SET ....................................................................... . .............................................. 2 OAK END TABLES, COFFEE TABLE ................................................ .............................................. 75.00 PINE ROCKER ......................................................................................... .............................................. 20.00 PICTURES ............................................................................................... ................................................. 5.00 PAIR LAMPS ....................... ................................................................... ................................................. 5.00 OAK CORNER TV CABINET ................................................................ ............................................... 25.00 TOSHIBA FLAT TV ............................................................................... ............................................. 125.00 RECLINER .............................................................................................. ............................................... 40.00 WALL CLOCK ........................................................................................ ............................................... 10.00 SMITH STAND ....................................................................................... ............................................... 20.00 GARAGE 00 50 CRAFTSMAN PUSH MOWER .............................................................. . ............................................... PATIO 00 10 PATIO CHAIRS ...................................................................................... . ............................................... KITCHEN 10 00 MICROWAVE AND STAND ................................................................ . ................................................. SMALL APPLIANCES, DISHES .......................................................... ................................................ 20.00 ROUND OAK TABLE, 4 CHAIRS ........................................................ .............................................. 125.00 OAK 2 PC HUTCH ................................................................................. .............................................. 125.00 BEDROOM ONE TREADMILL .......................................................................................... ................................................ 50.00 CEDAR CHEST ...................................................................................... ................................................ 20.00 SINGLE BED .......................................................................................... ................................................ 20.00 2 ROUND RUGS .................................................................................... ................................................ 10.00 2 STANDS, LAMPS ............................................................................... .................................................. 5.00 BEDROOM TWO MAPLE BED ...................... ................................................................... .................................................. 35.00 FLOOR LAMP ......................................................................................,. ................................................. 10.00 PICTURES . ................................................... 5.00 DRESSER .............................................................................................. ................................................... 5.00 RUGS ..................................................................................................... ................................................... 5.00 BEDROOM THREE 25.00 4 PC 1960'S BEDROOM SET ................................................................................................................ ROUND VICTORIAN STAND .............................................................................................................. 25.00 CHAIR ...................................................................................................................................................... 5.00 PICTURES, FIGURINE ................... 5.00 ........................................................................................................ TOTAL ................................................................................................................................................ $965.00 I, DO HEREBY CERTIFY that I have examined the tangible personal property of Betty Fridinger Estate, 989 Ridge Road, Shippensburg, PA 17257 And do value and appraise the same at $965.00 as being fair market Value of said property on this date of January 15, 2011 Date ~ l.3 t 1 Carl E. Ocker Appraiser Linda K. Keck 1137 Creek Road New Milford, PA 18834 July 18, 2011 Pennsylvania Department of Revenue Bureau of Individual Taxes P.O. Box 280601 Harrisburg, PA 17128-0601 Re: Estate of Betty V. Fridinger Ladies and Gentlemen: I write to you as the daughter of Betty V. Fridinger. Prior to my mother's illness, she lived alone, and I lived two hundred miles away from her. In order for me to properly care for my mother during her final illness, I chose to leave my job and my home and move in with my mother. I lived with my mother for about three months before her death; therefore, I have decided to claim the family exemption against her estate. Yours very truly, Linda K. Keck BLACK AND DAVISON Attorneys-at-Law 82 West Queen Street Chambersburg, PA 17201 Robert C. Schollaert (717) 264-5194 Jan G. Sulcove Elliott B. Sulcove Jerrold A. Sulcove Estate of Betty V. Fridinger RE : General DATE EXPENSE 12/28/10 Cumberland County Register of Wills -probate fee 12/28/10 Cumberland County Law Journal -legal notice 12/29/10 Travel expense O 1 /24/ 11 Postage Total of New Expenses: AMOUNT 273.50 75.00 4.08 5.54 358.12 ACCOUNT SUMMARY PREVIOUS BALANCE: $0.00 NEW SERVICES: $0.00 NEW EXPENSES: $358.12 NEW PAYMENTS: $0.00 TOT. CURRENT PERIOD: $3 5 8.12 CURRENT BALANCE: $358.12 PAGE 1 BILLING DATE: 07/18/11 ACCT NO.: RCS-18637.01 Please write the above account number on your check and make your check payable to Black and Davison "THANK YOU"