The URL can be used to link to this page

Home My WebLink About12-07-11 (2)r ~~., J 1505610143 REV-1500 Ex(°'-'°) ' PA Department of Revenue Pennsylvania OFFICIAL USE ONLY Bureau of Individual Taxes cev~ntMEN70F pEyEµJE County Code Year File Number Po Box.28osai INHERITANCE TAX RETURN Harrisburg, PA 17128-0601 RESIDENT DECEDENT 21 11 0343 ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 009 24 3149 03 07 2011 09 13 1938 Decedent's Last Name Suffix Decedent's First Name LONG MI ~- ROBERT H (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 X^ 1. Original Retum ^ 2. Supplemental Retum 3. Remainder Retum (date of death ^ prior to 12-13-82) 4. Limited Estate ^ qa Future Interest Compromise (date or death otter 12-12-82) ~ 5. Federal Estate Tax Retum Required © g_ Decedent Died Testate ~ pacedent Mainta~ned a Living Trust 1 (Attach Copy of wiil) ^ (Attach Copy of Trust) 8. Total Number of Safe Deposit Boxes 9. Litigation Proceeds Received ~ 10, Spouaal P vQrtY Credil date of death between 1~1-31-81 and 1`-1-s5) ^ 11. Election to tax under Sec. 9113(A) (Attach Sch. 0) CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name JAN G SULCOVE ESQ Daytime Telephone Number 717 264 5194 First line of address 82 WEST QUEEN STREET Second line of address City or Post Offtce State 21P Code CHAL~ERSBURG PA 17201 REGISTER OF ~ USE ONk~sii' Via- ~'t7 ~•rf t ' ~- ~ C ~ _ ~ rn t .~~i v ~<_~ ,T~ --n "~ -~ .._ DAT IL~ED ' r.= i'! ; ~~ t ~ r~ `. r ~ r~ _' c~~ r~-- ~, Cn Correspondent's e-mail address: Under penalties of perjury, I deGare that I have examined this return including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correc~ind complete. Declaration of preparer other than the personal representative Is based on all information of which preparer has any knowledge. SIGI~~tI~ ~'' SON RESPONSIBLE FOR FILING RETURN ADDRESS ADDRESS Jan G. Sulcove Esq. is 82 West Queen Street, Chambersbur , PA 17201 Side 1 PREPARER OTRTfitt THAN L 1505610143 1505610143 1505610243 REV-1500 EX Decedent's Social Security Number Decedent's Name: L0119, Robert H. J r. 0 0 9 2 4 314 9 RECAPITULATION 1. Real Estate (Schedule A) ....................................................................................... 1. 402 , 500.00 2. Stocks and Bonds (Schedule B) ............................................................................. 2. 152 , 65 6.84 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C)......... 3. 64 , 3 4 9.0 0 4. Mortgages & Notes Receivable (Schedule D) ........................................................ 4. 304 , 781.15 5• Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) ............... 5. 344 , 733.68 6. Jointly Owned Property (Schedule F) ^ Separate Billing Requested............ 6. 7. Inter-Vivos Transfers & Miscellaneous -Probate Property (Schedule G) ~ Separate Billing Requested............ 7, 1 , 907 , 343.14 8. Total Gross Assets (total Lines 1-7) ............... ...................................................... g, 3,176,363.81 9. Funeral Expenses & Administrative Costs (Schedule H) ............. .......................... s. 177, 725.78 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) .............................. 10. 351 , 845.62 11. Total Deductions (total Lines 9 ~ 10) ............... .................................................... 11. 52 9 , 5 71 , 4 0 12. Net Value of Estate {Line 8 minus Line 11) ............. .................... . ........................ 13. Charitable and Governmental BequestslSec 9113 T 12. 2 , 64 6 , 7 92.41 rusts for which an election to tax has not been made (Schedule J) ............................................... 13. 175 , 000.00 14. Net Value Subject to Tax (Line 12 minus Line 13) ... .................. .......................... 14. 2 , 4 71 , 7 92.41 TAX COMPUTATION -SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) X .00 15. 0.00 16. Amount of Line 14 taxable at linealrateX .045 2,471,792.41 1s. 111,230.66 17. Amount of Line 14 taxable at sibling rate X .12 0. 0 0 t 7. 0.0 0 18. Amount of Line 14 taxable at collateral rate X .15 0 . 0 0 18. 0.0 0 19. Tax Due .................................................................................................................. 19. 111,230.66 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. ^ ~,~. 1505610243 Side 2 1505610243 J REV-1500 EX Page 3 Decedent's Complete Address: DECEDENT'S NAME Long, Robert H. Jr. STREET ADDRESS 665 St. John's Drive CITY Camp Hill Tax Payments and Credits: 1. Tax Due (Page 2, Line 19) 2. Credits/Payments A. Prior Payments B. Discount 92,000.00 4,842.11 3. Interest STATE ZIP PA 17011 (1) Total Credits (A + B) (2) (3) 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. Make Check Payable to: REGISTER OF WILLS, AGENT. (4) 111,230.66 96,842.11 (5> 14,388.55 PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred :..................... ^ .......................................................... b. retain the right to designate who shall use the property transferred or its income :::::::::::::::::::::::::::.::::. :: c. retain a reversionary interest; or ..................... d. receive the promise for life of either payments, benefits or caret ........ x 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without ^ x 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?........... 0 ^ 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. File Number 21-11-0343 +Rev-1502 EX+(tt_Ogj SCHEDULE A REAL ESTATE COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Lon ,Robert H. Jr. FILE NUMBER 21-11-0343 All roal property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller, neither being wmpelled to buy or sell, both having reasonable knowledge of the relevant facts. Real property which is jointly-owned with right of survivorship must bs disclosed on schedule F. Attach a copy of the settlement sheet it the property hss been sold Include a copy of the deed showing decedent's interest it owned as tenant in common. ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1 Real estate lying and being situate in Hampden Township, Cumberland County, 350,000.00 Pennsylvania, with a street address of 665 St. Johns Drive, Camp Hiil, Pennsylvania -sale price as per attached Agreement of Sale 2 Real estate lying and being situate in Liberty Township, Bedford County, Pennsylvania, 52,500.00 having a street address of 128 Bluegrass Road, Saxton, Pennsylvania, transferred by Award of Real Estate dated August 14th, 1984, from the Estate of Dorothy D. Long to Robert H. Long, Jr. and Thomas Long, equally -decedent's one-half share date of death value as per attached appraisal TOTAL (Also enter on Line 1, Recapitulation) I 402,500.00 (If more space is needed, additional pages of the same size) Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-7500 Schedule A (Rev. 11-08) ~ Rev-150J FX+ (8-96) SCHEDULE B STOCKS ~ BONDS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Lon ,Robert H. Jr. FILE NUMBER 21-11-0343 All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM CUSIP NUMBER NUMBER DESCRIPTION UNIT VALUE VALUE AT DATE OF DEATH 1 100 shares of BHP Billiton Limited (ARD) common stock - 95.345 9 534 50 date of death value , . 2 25 shares of Energy Transfer Partnership LLP held in First 54 12 Commonwealth Bank account #610287005 -date of death . 1,353.00 value of decedent's one-half share 3 50 shares of Enerplus Corp common stock -date of death 32.255 1 612 75 value , . 4 1,068 shares of Enerplus Corp held in First Commonwealth 32 17 Bank account #610287005 -date of death value of . 34,357.56 decedent's one-half share 5 150 shares of Goldcorp Inc New held in First 49 99 Commonwealth Bank account #610287005 -date of death . 7,498.50 value of decedent's one-half share 6 59 shares of Goldfield Limited ADR held in First 17 49 Commonwealth Bank #610287005 -date of death value of . 1,031.91 decedent's one-half share 7 328 shares of IAM Gold Corp held in First Commonwealth 21 97 Bank account #610287005 -date of death value of . 7,206.16 decedent's one-half share 8 637138108 1,179.79 shares of National Penn Bancshares Inc common 7 885 stock -date of death value , 9,302.64 9 693475105 1,120 shares of PNC Financial Services Group Inc common 61 08 stock -date of death value . 68,409.60 I Total of Continuation Schedule I See attached page TOTAL (Also enter on Line 2, Recapitulation) 152,656.84 (It more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule B (Rev. 6-98) ~ Rev-1503 EXr(8-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE B STOCKS & BONDS continued ESTATE OF Long, Robert H Jr. FILE NUMBER 21 11 0343 ITEM NUMBER CUSIP NUMBER DESCRIPTION UNIT VALUE VALUE AT DATE OF DEATH 10 525 shares of Rangold & Exploration LTD held in First 433 Commonwealth Bank account #610287005 -date of death . 227.33 value of decedent's one-half share 11 461.4725 shares of Vanguard Precious Metals Inv #53 h ld e in First Commonwealth Bank account #610287005 -date of 26.27 12,122.89 death value of decedent's one-half share TOTAL (Also enter on Line 2, Recapitulation) 152,656.84 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule B (Rev. 6-98) Rev-1503 EX+~g-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE C CLOSELY-HELD CORPORATION, PARTNERSHIP OR SOLE-PROPRIETORSHIP ESTATE OF Long, Robert H. Jr. FILE NUMBER 21 11 0343 Schedule C-1 ar C-2 (Including all supporting information) must be attached for each closely-held corporation/partnership interest of the decedent, other than a sole-proprietorship. See instructions for the supporting information to be submitted for sole-proprietorships, - ----- - ....~,~..,~a~,+uyca vi uie carne size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule C (Rev. 6-98) ~ Rev-7507 EX+ (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE D MORTGAGES & NOTES RECEIVABLE ESTATE OF All property Jo(ndy-owned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER DESCRIPTION 1 Mortgage to Robert H. Long, Jr, from Thomas G. Bachert and Sarah Long-Bachert in the prinicipal amount of $270,515.72 on demand with interest thereon at 5% per annum due on the first day of each month; all payments shall be assessed a late charge of five percent if not received by holder within seven days of the date when same is due -date of death principal due $270,515.72; date of death accrued interest due $32,687.35; date of death penalty due $1,578.08 VALUE AT DATE OF DEATH 304,781.15 TOTAL (Also enter on Line 4, Recapitulation) I 304,781.15 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule D (Rev. 6-98) Robert H. Jr. FILE NUMBER 71 _11 _A4d4 ~ Rev-7508 EX+ (6-98) COMMON WEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY ESTATE OF o..t,.,... u ~_ FILE NUMBER All ro e - .. ._ . _ °.` , ~- "'„"'°'°' `""",nca,vea oy me esi8[C. p p rty joirdlyowned with the right of survivorship must be disclosed on schedule F. ITEM NUMBER DESCRIPTION 1 Nichole A. Long-McCoy - deposit on sale of real estate 2 Bank of America savings account #898038582074 -date of death value 3 First Commonwealth account #610287005 jointly held with Thomas Long, with no survivorship -date of death value of decedent's one-half share of insured money market fund 4 FotioFN wire to close account from Retirement Collaborative LLC 5 M&T Bank checking account #56228716 -date of death value 6 M&T Bank money market account #15004205643099 -date of death value 7 M&T Securities account #AZD-280543-1 -money fund date of death value Accrued income on Item 7 through date of death 8 MorganStanley SmithBarney account #54J-04066-15 cash reserve -date of death value Accrued income on Item 8 through date of death 9 Scott Trade account #52571930 -date of death value Accrued interest on Item 9 through date of death 10 1988 Lowe 24' Pontoon boat and 1993 Mercury 40ELPT0 boat motor -date of death value as per appraisal 11 2008 Mercedes-Benz MB ML 350 -date of death value as per appraisal 12 Firearms collection -date of death value as per attached appraisal VALUE AT DATE OF DEATH 1.00 2.04 604.18 13,743.98 24,884.95 7.00 578.12 0.06 1,290.91 0.30 780.41 0.05 1,700.00 35,000.00 4,255.00 Total of Continuation Schedules See attached a es TOTAL fAlso enter on Line 5, Recapitulation) 344,733.68 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule E (Rev. 6-98) Rev-1508 EX+ (8.98) COMMONWEALTH OF PENNSYLVANIA INHERRANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, ~ MISC. PERSONAL PROPERTY continued ESTATE OF Robert H. Jr. FILE NUMBER 71-11 _A3d4 ITEM NUMBER DESCRIPTION 13 Office furniture - as per attached list 14 Personal property, excluding 2008 Mercedes-Benz MB ML 350, Rolex watch, platinum diamond ring, 1988 Lowe 24' Pontoon boat and 1993 Mercury 40ELPT0 boat motor -date of death value as per appraisal 15 Platinum diamond ring -date of death value as per appraisal 16 Rolex watch -date of death value as per appraisal 17 American Express Travel Related Services Company -refund 18 AT&T Mobility -refund 19 Bankers Life -refund 20 Chase credit card #5184450250146994 -refund 21 Chase credit card #5184450250146994 -refund 22 Chase credit card #5184450250146994 -refund 23 Chase credit card #5184450250146994 -refund 24 Chase credit card #5582508638347655 -refund 25 Commonwealth of Pennsylvania Bureau of Unclaimed Property -unclaimed property claim 26 Consumer Reports subscription -refund 27 Damage Recovery Unit -rental car insurance refund VALUE AT DATE OF DEATH 225.00 29,535.00 5,377.00 6,500.00 20.99 139.70 172.81 58.73 123.95 79.95 66.75 310.71 246.38 12.00 193.45 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule E (Rev. 6-98) f2ev-1508 EX+ (8-98) COMMON WEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY continued ESTATE OF Lona. Re6ert H_ .lr FILE NUMBER 21-11-0343 ITEM NUMBER DESCRIPTION 28 Field and Stream subscription -refund 29 Gun Tests subscription -subscription refund 30 Pennsylvania Department of Treasury - 2010 Form PA40 overpayment to be refunded 31 Peterson's Rifleshooter subscription -refund 32 Shooting Times subscription -refund 33 Susquehanna Bancshares -dividend earned prior to death 34 U. S. Treasury - 2010 Form 1040 overpayment to be refunded 35 West Shore Tax Bureau - 2010 local tax refund 36 Jefferson National Life Insurance Company annuity #4664547, Estate of Robert H. Long, Jr. beneficiary -date of death value 37 Rhoads 8< Sinon LLP -final supplemental retirement payment VALUE AT DATE OF DEATH 6.66 65.00 609.00 15.00 12.82 1.96 10,365.00 340.40 202,407.42 5,000.00 TOTAL (Also enter on Line 5, Recapitulation) I 344,733.68 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule E (Rev. 6-98) Rev-1510 EX+ (6.98) COMMONWEALTH OF PENNSYLVANIA INNERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE G INTER-VIVOS TRANSFERS ~ MISC. NON-PROBATE PROPERTY ESTATE OF Lon ,Robert H. Jr. FILE NUMBER 21-11-0343 This schedule must be completed and filed if the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes. ITEM DESCRIPTION OF PROP NUMBER ERTY THE DATEN~ RANSER SATTACIi A COPY OF THE DEED ~OREREAL E ATE % OF DECD'S INTEREST S . VA UE OF ASSET ~ ~ (F APPLICABLE 1 MorganStanley Smith Barney IRA account #54J-60210 1,363,226.87 100.000% -12 -date of death value 2 Scott Trade IRA account #5256775, Hershey Trust 522,629.32 100 000% Company, Trustee UW for benefit of Nicole A. Long- . McCoy and Sarah R. Long-Bachert -date of death value 3 Vanguard annuity #700050156, Robert H. Long, Jr. 21,486.95 100 000% TUW beneficiary -date of death value . TOTAL (Also enter on Line 7, Recapitulation) (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. TAXABLE VALUE 1,363,226.87 522,629.32 21,486.95 1,907,343.14 Form PA-1500 Schedule G (Rev. 6-98) REV-1151 EX+(10.06) COMMOEp,AENT DECEDEN~RNVANIA ESTATE OF ITEM NUMBE A. Robert H. Jr. SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS FUNERAL EXPENSES: Debts of decedent must be reported on Schedule I. DESCRIPTION See continuation schedule(s) attached FILE NUMBER 21-11-0343 AMOUNT B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative(s) Hershey Trust Company Street Address 1 W. Chocolate Avenue City Hershey State PA Zio 17033 Year(sl Commission paid 2012 2. Attorney's Fees Black and Davison 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 4. ~ Probate Fees See continuation schedule(s) attached 5. Accountant's Fees 6. Tax Return Preparer's Fees Waggoner Frutiger Daub LLP 7. Other Administrative Costs See continuation schedule(s) attached TOTAL (Also enter on line 9, Recapitulation) 23,636.01 56,250.00 56,250.00 918.50 7,500.00 33,171.27 177,725.78 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 _ Long, Robert H. Jr. FILE NUMBER 21 11 0343 ITEM NUMBER DESCRIPTION AMOUNT F l E 1 unera xpenses Country Club of Harrisburg -reception after funeral service 2,520.00 2 Morningside Cemetery -cemetery costs 490.00 3 Myers-Harper Funeral Home, Inc. -funeral expense 19,621.00 4 Nicole A. Long-McCoy -reimbursement for New York burial expenses 275.00 5 Nicole A. Long-McCoy -reimbursement for burial expenses 316.88 6 Sarah L. Long-Bachert -reimbursement for reception after funeral 96.25 7 Sarah L. Long-Bachert -reimbursement for burial expenses 316.88 H-A 23,636.01 Probate Feea 8 Cumberland County Register of Wills -additional letters and filing fee 9 Hershey Trust Company -reimbursement of initial probate fees Other Adminis rative Gocfc 10 Aqua Specialists, Inc. -pool maintenance 11 Baker Door Company, Inc. -garage door repair at 665 St. John's Drive 12 Bedford County Recorder of Deeds -deed recording fee Copyright (c) 2002 form software only The Lackner Group, Inc. H-84 265.00 653.50 918.50 214.20 127.98 42.00 Form PA-1500 Schedule H (Rev. 6-98) SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS continued ESTATE OF _ Lon ,Robert H. Jr. FILE NUMBER 21 11-0343 ITEM NUMBER DESCRIPTION AMOUNT 13 Bedford County Register of Wills -estate copies regarding Bedford County real estate 15.00 14 Bedford County Register of Wills -ancillary letters recording fee 48.00 15 Bedford Gazette -legal notice 57 72 16 Big Bee Boats 8 RV -storage fee 162.18 17 Big Bee Boats & RV -storage fee 69.38 18 Big Bee Boats & RV -storage fee 69.38 19 Black and Davison -administration expenses advanced 1,149.10 20 Black and Davison -reserve for closing costs 5,000.00 21 Capital Self Storage -personal property storage fee 516.22 22 Capital Self Storage -personal property storage fee 516.22 23 Capital Self Storage -personal property storage fee 516.22 24 Capital Self Storage -personal property storage fee 516.22 25 Capital Self Storage -personal property storage fee 413.40 26 Central Penn Security Systems, Inc. -alarm monitoring service 62.10 27 Computershare -Surety Bond and lost certificate fee regarding PNC Financial Services Group 890.91 28 Cumberland County Register of Wills -short certificates 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 ESTATE OF Long, Robert H. Jr. FILE NUMBER 21 11-0343 ITEM NUMBER DESCRIPTION AMOUNT 29 First Commonwealth account #610287005 jointly held with Thomas Long, with no survivorship -fee to sell decedent's one-half share of securities in account 30.00 30 Four Seasons Appraisal Services, LLC -appraisal fee for Bedford County real estate 350.00 31 Higher Information -shredding of documents at decedent's home 339.20 32 Higher Information -shredding of documents at decedent's home 51.94 33 Home Spec Radon Test >3< Mitigation System -performed in anticipation for sale of real estate 925.00 34 J. C. Ehrlich Co., Inc. -pest treatment 413.40 35 J. C. Ehrlich Co., Inc. -treatment for infestation 296.80 36 Kurt A. Eby Real Estate -real estate appraisal fee 375.00 37 M&T Bank home equity line of credit #12044456981314998 -closing fee 27.00 38 M&T Bank money market account #15004205643099 -service fee 7.00 39 Mid State Carpet Masters, Inc. - 2 new transitions installed 68.90 40 Midstate Appraisers, Inc. -real estate appraisal fee 350.00 41 Mountz Jewelers -appraisal fee for appraising diamonds 925.00 42 Nicole A. Long-McCoy -reimbursement for expenses related to decedent's pet and fee to change locks on decedent's residence 272,75 43 Nicole A. Long-McCoy -reimbursement for Willow Hill Vet Hospital for decedent's pet 280.50 44 Nicole A. Long-McCoy -reimbursement for storage expenses 258.34 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 ESTATE OF Long, Robert H. Jr. FILE NUMBER 21 11 0343 ITEM NUMBER DESCRIPTION AMOUNT 45 Nicole A. Long-McCoy -reimbursement for storage expenses 132.21 46 Orrstown Bank -lock box lost key fee 15.00 47 PNC Bank -Surety Bond for lost certificates 262.30 48 Prohand Diversified Services, LLC -repairs 177.02 49 Randall Yost Contracting -repairs 232.30 50 Randall Yost Contracting -repairs and maintenance necessary for sale of real estate 3,952.65 51 Randall Yost Contracting -repairs 979.00 52 Randall Yost Contracting -repairs 483.50 53 Real estate lying and being situate in Hampden Township, Cumberland County, Pennsylvania, with a street address of 665 St. Johns Drive, Camp Hill, Pennsylvania - transfertax in anticipation of sale 3,500.00 54 Rowe's Auction Service -personal property appraisal fee 265.00 55 Service Master -cleaning services 1,000.00 56 Service Master -cleaning services 2,698.02 57 Service Master -cleaning services in excess of Westfield Insurance claim * 249.99 58 Shane Bouder -trash removal from property 520.00 59 Summit Locksmith - rekeyed residential locks at 665 St. Johns Drive 253.94 60 Summit Locksmith -fee to change locks 259.70 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 ESTATE OF FILE NUMBER Long, Robert H. Jr. 21 11 0343 ITEM NUMBER DESCRIPTION AMOUNT 61 The Conococheague Trade Co. -firearms storage fee 200.00 62 The Conococheague Trade Co. -firearms storage fee 168.00 63 The Conococheague Trade Co. -firearms appraisal fee 45.00 64 The Patriot News -legal notice 327.83 65 Westfield Insurance -purchase of additional home, auto and umbrella insurance 2,052.75 H-B7 33,171.27 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98) e Rev-1512 EX+t12-08) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE 1 DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS ESTATE OF FILE NUMBER Long, Robert H. Jr 21-11-0343 Report debts incuned by the decedent prior to death that remained unpaid at the data of death, including unreimbursed medical expenses. ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1 AT8<T Mobility -debt of decedent 409.42 2 Bank of America credit card #5490990245841174 -debt of decedent 6,816.38 3 Bank of America savings account #898038582074 -balance applied to overdrawn (at time of 2 04 death) Bank of America checking account #898036575232 . 4 Camp Hill Emergency Physicians -debt of decedent 1,077.00 5 Chase credit card #5184450250146994 -debt of decedent 26,030.23 6 Chase credit card #5582508638347655 -debt of decedent 310.71 7 Comcast Cable -debt of decedent 194.24 8 First Commonwealth account #610287005 jointly held with Thomas Long, with no 724 58 survivorship -one-half share of debts of decedent related to Saxton property . 9 Hampden Township -sewer and trash charges 150.00 10 M8T Bank checking account #56228716 -checks written prior to death but presented after 710 97 death . 11 M8~T Bank home equity line of credit #12044456981314998 -date of death principal balance 271,402.64 12 Mercedes-Benz Financial Services account #1015611049 -debt of decedent 1,409.74 13 Mercedes-Benz Financial Services account #1015611049 -debt of decedent 23,068.28 14 Michael Langan, Treasurer - 2011 per capital real estate tax on 665 St. John's Drive, Camp 855 55 Hill, Pennsylvania . 15 Pennsylvania-American Water Company -debt of decedent 67.30 Total of Continuation Schedule See attached page TOTAL (Also enter on Line 10, Recapitulation) 351,845.62 (If more space is needed, additional pages of the same size) Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule I (Rev. 12-08) Rev-1512 EX+ (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TA% RETURN RESIDENT DECEDENT SCHEDULE 1 DEBTS OF DECEDENT, MORTGAGE LIABILITIES, ~ LIENS continued ESTATE OF FILE NUMBER Long, Robert H. Jr. 21 11 0343 ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 16 Pennsylvania Department of Revenue - 2010 Form 276 tax due 1,980.00 17 PPL Electric Utilities -debt of decedent 119.31 18 Thomas, Long, Niesen & Kennard -claim for over advancement of firm income prior to death 3,997.99 19 U S Treasury - 2010 Form 4868 tax due 10,000.00 20 UGI Utilities, Inc. -debt of decedent 840.53 21 Verizon -debt of decedent 72 97 22 West Shore EMS -debt of decedent 1,005.74 23 West Shore Tax Bureau - 2010 local tax due 600.00 TOTAL (Also enter on Line 10, Recapitulation) I 351,845.62 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule I (Rev. 6-98) REV-151 EXa (11-08) COM IN N~EAALTIit~~EN~IS.RLVANIA RSIDN D EDN IV SCHEDULE J BENEFICIARIES ESTATE OF FILE NUMBER Lona. Robert H_ .l~_ L 1 ` 1 1-V J~FJ NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY RELATIONSHIP TO DECEDENT SHARE OF ESTATE AMOUNT OF ESTATE (Words) (S$$) 1~ TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 a 1.2 1 Sarah R. Long-Bachert Daughter One-half of 9 N. 24th Street personal Camp Hill, PA 17011 property 2 Nicole A. Long-McCoy Daughter One-half of 2315 Kent Street personal Camp Hill, PA 17011 property 3 Robert H. Long, Jr. Trust UJVI/ FBO Nicole A. Trust 50% of residuary Long-McCoy estate Hershey Trust Company 1 W. Chocolate Avenue, Hershey, PA 1703 4 Robert H. Long, Jr. Trust U1W FBO Sarah R. Trust 50% of residuary Long-Bachert estate Hershey Trust Company 1 W. Chocolate Avenue, Hershey, PA 17033 Enter dollar amounts for distributions shown above on lines 1 5 throw h 18 on Rev 150 Tota I 0 cover sheet, as a r o riate. II NON-TAXABLE DISTRIBUTIONS: . A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN 8. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS ~ 2 ickenslon Scho~l ~f LavK, now The Dickinson School of Law, The ~ s ' t ' ' t 25,000.00 h pi p ~ nsbu~g t~nroers i~y ~oun d al~ion 150 000 00 , . TOTA L OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 ~F REV_15nn rnvcp cNS:s=T ~ ~a nnn nn Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule J (Rev. 11-08) LAST WILL AND T~STP,MENT n _ ., -t- n t:, r- .. ROBERT H . LONG, JR . - ~<= ~-;~ _._ I, ROBERT H. LONG, JR., a resident of Cumbez<l~nd~ _, ...... ~~-~ County, Pennsylvania, being of sound and disposing min3~-~~nd ~~ memory, do make, publish and declare this to be my Last Will 'and Testament, hereby revoking all Wills and Codicils by me at any time previously made. ITEM I: All inheritance, estate and similar taxes becoming due by reason of my death ("Death Taxes"), whether such Death Taxes shall be payable by my estate or by any recipient of any property, shall be paid by my Executor out of the property passing under ITEM VI of this Will as an expense and cost of administration of my estate. My Executor shall have no duty or obligation to obtain reimbursement for any Death Taxes paid by my Executor, even though paid with respect to proceeds of insurance or other property not passing under this Will. ITEM II: I hereby exercise all powers of appointment which I may have at the time of my death in favor of my Executor, and all property subject to all such powers of appointment shall be included in my estate and be governed by the provisions of this Will. ITEM III: I give and bequeath all of my household furniture-and furnishings, automobiles, books, pictures, jewelry, china, crystal, appliances, silverware„ wearing apparel and all other like articles of household or personal use or adornment to my living children in as nearly equal shares as they shall select under the supervision of my Executor. Any conflicting choices shall be resolved by drawing .n -; r:, ~; ~. --; lots. Any such articles not so selected or which cannot be fairly divided or distributed in kind in the opinion of my Executor shall be sold or otherwise disposed of and the proceeds thereof shall pass as a part of my residuary estate. ITEM IV: I give and bequeath the sum of One Hundred Fifty Thousand Dollars (5150,000.00) to the SHIPPENSBURG UNIVERSITY FOUNDATION, Shippensburg, Pennsylvania. It is my desire that the bequest made by this ITEM be invested and that the income therefrom be used for scholarships in my name to students of high academic ability and in need of financial assistance, all as determined by the Shippensburg University Foundation in its sole discretion. It is my intention that the bequest made by this ITEM conform to the provisions for the allowance of the charitable deduction for federal estate tax purposes. I therefore direct that any provisions of this. Will notwithstanding, the provisions hereof and powers granted herein to my Executor shall be construed in accordance with said intention and shall not be interpreted or exercised so as to disqualify any portion of the bequest made by this ITEM for the federal estate tax charitable deduction. Any provisions hereof and powers granted herein to my Executor which would cause any portion of the bequest made by this ITEM not to qualify for the federal estate tax charitable deduction shall be null and void and of no force or effect. In the event that the bequest made by this ITEM would not qualify for the federal estate tax charitable deduction because at the relevant time or times the Shippensburg University Foundation is not an entity or a part of an entity bequests to which qualify for the federal estate tax charitable deduction, then the bequest made by this ITEM shall not be made and the amount thereof shall pass as a part of my Page 2 of 12 pages residuary estate anything to the contrary set forth in this ITEM notwithstanding. ITEM V: I give and bequeath the sum of Twenty-Five Thousand Dollars ($25,000.00) to the DICKENSON SCHOOL OF LAW, Carlisle, Pennsylvania. It is my desire that the bequest made by this ITEM be invested and that the income therefrom be used for scholarships in my name to law students of high academic ability and in need of financial assistance, all as determined by the Dickenson School of Law in its sole discretion. It is my intention that the bequest made by this ITEM conform to the provisions for the allowance of the charitable deduction for federal estate tax purposes. I therefore direct that any provisions of this Will notwithstanding, the provisions hereof and pcwers granted herein to my Executor shall be construed in accordance with said intention and shall not be interpreted or exercised so as to disqualify any portion of the bequest made by this ITEM for the federal estate tax charitable deduction. Anv orovisi~ns harPnf and powers granted herein to my Executor which would cause any portion of the bequest made by this ITEM not to qualify for the federal estate tax charitable deduction shall be null and void and of no force or effect. In the event that the bequest made by this ITEM would not qualify for the federal estate tax charitable deduction because at the relevant time or times the Dickenson School of Law is not an entity or a part of an entity bequests to which qualify for the federal estate tax charitable deduction, then the bequest made by this ITEM shall not be made and the amount thereof shall pass as a part of my residuary estate anything to the contrary set forth in this ITEM notwithstanding. Page 3 of 12 pages ITEM VI: I give, devise and bequeath all of the rest, residue and remainder of my property, real, personal and mixed, wherever situate, not disposed of in the preceding portions of this Will, to my living issue, per stirpes; provided, however, that (1) should any such issue be a child of mine who has not attained the age of fifty-five(55) years, such child's share shall be retained by my Trustee, IN TRUST NEVERTHELESS, to be held, administered and disposed of as a separate trust estate in accordance with ITEM VII ( the "Child's Trust"), or (2) should any such issue be the issue of a deceased child of mine who has not attained the age of twenty-one years, such issue's share shall be retained by my Trustee, IN TRUST NEVERTHELESS, to be held, administered and disposed of as a separate trust estate in accordance with ITEM VIII (the "Grandchild's Trust"). ITEM VII: My Trustee shall have, hold, manage, invest and reinvest the assets of each Child's Trust, collect the income therefrom and (a) Until the child for whose benefit the Child's Trust was established (the "Child") shall have attained the age of twenty-one years, my Trustee shall from time to time pay to or for the benefit of the Child such amounts of the net income and principal of the Child's Trust as, in the sole discretion of my Trustee, may be necessary for the Child's maintenance, support, medical and nursing care and education, including college and graduate education, taking into consideration any other means readily available such purposes. At the end of each year any undistributed income shall be added to the principal of the Child's Trust. (b) After the Child shall have attained the age of twenty-one years, my Trustee shall thereafter pay to or for Page 4 of 12 pages the benefit of the Child the net income derived from the Child's Trust in installments not less frequently than quarterly and such amounts of the principal, as in the sole discretion of my Trustee, may be necessary for the Child's maintenance, support, medical and nursing care and education, including college and graduate education, taking into consideration any other means readily available for such purposes. (c) If at the time of the creation of the Child's Trust the Child shall have then attained an age set forth below or if the Child shall thereafter attain such age, my Trustee shall distribute outright to the Child the fractional portion of the then remaining principal of the Child's Trust set forth below: Fractional Share 40 years One-fourth 45 years One-third 50 years One-half 55 years Balance then remaining (d) If the Child shall die before final distribution of the assets of the Child's Trust is made, the then remaining principal and any undistributed income of the Child's Trust shall be distributed to the Child's then living issue, per stirpes; provided, however, that if any such issue shall not then have attained the age of twenty- one years, such issue's share shall be retained by my Trustee, IN TRUST NEVERTHELESS, to be held, administered and disposed of as a separate trust estate in accordance with the provisions of ITEM VIII (the "Grandchild's Trust"). If the Child has no then living issue, then to my then living issue, per stirpes; provided, however, that if Page 5 of 12 pages any such beneficiary is then the beneficiary of a Child's Trust or Grandchild's Trust hereunder, the share of such beneficiary shall be added to the principal of such Child's Trust or Grandchild's Trust and become a part thereof. If I have no then living issue, then to the SHIPPENSBURG UNIVERSITY FOUNDATION, Shippensburg, Pennsylvania, and the DICKENSON SCHOOL OF LAW, Carlisle, Pennsylvania, in equal shares; provided, however, in the event that at the time of any distribution under by this ITEM to the Shippensburg University Foundation or the Dickenson School of Law, such entity is not in existence, then such distribution shall be made to the other such entity, if then in existence, or, if neither such entity is in existence, then to such entity or entities bequests to which qualify for the federal estate tax charitable deduction and in such amounts as my Trustee, in the sole discretion of my Trustee, shall determine. ITEM VIII: My Trustee shall have, hold, manage, invest and reinvest the assets of each Grandchild's Trust, collect the income therefrom and (a) Until the issue of a deceased child of mine for whose benefit the Grandchild's Trust was established the "Grandchild") shall have attained the age of twenty-one years, my Trustee shall from time to time pay to or for the benefit of the Grandchild such amounts of the net income and principal of the Grandchild's Trust as, in the sole discretion of my Trustee, may be necessary for the Grandchild's maintenance, support, medical and nursing care and education, including college and graduate education, taking into consideration any other means readily available for such purposes. At the end of each year any Page 6 of 12 pages undistributed income shall be added to the principal of the Grandchild's Trust. (b) After the Grandchild shall have attained the age of twenty-one years, my Trustee shall distribute the remaining principal and any undistributed income of the Grandchild's Trust outright to the Grandchild. If the Grandchild shall have died before attaining that age, upon the death of the Grandchild my Trustee shall distribute the remaining principal and any undistributed income to the then living issue of the parent of the Grandchild who was a child of mine, per stirpes, or if such parent has no then living issue, then to my then living issue, per stirpes; provided, however, if any such beneficiary is then a beneficiary of a Child's Trust or a Grandchild's Trust hereunder, the share of such beneficiary shall be added to the principal of such Child's Trust or Grandchild's Trust and become a part thereof. ITEM IX: No interest in income or principal of my estate or any trust created hereunder shall be subject to attachment, levy or seizure by any creditor, spouse, assignee or trustee or receiver in bankruptcy of any beneficiary of my estate or of any trust created hereunder prior to the beneficiary's actual receipt thereof. My Executor or Trustee shall pay over the net income and the principal to the beneficiaries herein designated, as their interests. may appear, without regard to any attempted anticipation (except as may be specifically provided herein), pledging or assignment by any beneficiary of my estate or of any trust created hereunder and without regard to any claim thereto or attempted levy, attachment, seizure or other process against said beneficiary. Page 7 of 12 pages ITEM X: Any person who shall have died at the same time as I or under such circumstances that it is difficult or impossible to determine who shall have died first shall be deemed to have predeceased me. Any person other than me who shall have died at the same time as any then beneficiary of income of my estate or a trust created hereunder or under such circumstances that it is difficult or impossible to determine who shall have died first shall be deemed to have predeceased such beneficiary. ITEM XI: In the settlement of my estate and during the continuance of any trust created hereunder, my Executor and my Trustee shall possess, in addition to those powers conferred by law, the following powers to be exercised, without authority from any court, for the best interests of the beneficiaries: (a) To retain any investments I may have at my death so long as my Executor or Trustee may deem it advisable to my estate or trust so to do. (b) To vary investments, when deemed desirable by my Executor or Trustee, and to invest in such bonds, stocks, notes, real estate mortgages or other securities or in such other real or personal property as my Executor or Trustee shall deem wise, without being restricted to so called "legal investments." (c) In order to effect a division of the principal of my estate or trust or for any other purpose, including any final distribution of my estate or trust, my Executor or Trustee is authorized to make said divisions or distributions of the personalty and realty partly or wholly in kind. If such division or distribution is made in kind, said assets shall be divided or distributed at their respective values on the date or dates of their division or distribution. In making any division or distribution in kind, my Executor or .Trustee shall divide or distribute said assets in a manner which will fairly allocate any unrealized appreciation or depreciation among the beneficiaries. Page 8 of 12 pages (d) To sell either at public or private sale and upon such terms and conditions as my Executor or Trustee may deem advantageous to my estate or trust, any or all real or personal property or interest therein owned by my estate or trust severally or in conjunction with other persons, and to consummate said sale or sales by sufficient deeds or other instruments to the purchaser or purchasers, conveying a fee simple title, free and clear of all trust and without obligation or liability of the purchaser or purchasers to see to the application of the purchase money or to make inquiry into the validity of said sale or sales; also, to make, execute, acknowledge and deliver any and all deeds, assignments, options or other writings which may be necessary or desirable in carrying out any of the powers conferred upon my Executor or Trustee in this paragraph or elsewhere in this Will. (e) To mortgage or pledge real or personal property owned by my estate or trust and to make leases of real or personal property for any term. (f) To borrow money from any party, including my Executor or Trustee, to pay indebtedness of mine or of my estate or trust, expenses of administration, Death Taxes, other taxes or for any other purpose. (g) To pay all costs, Death Taxes, other taxes, legally enforceable debts, expenses and charges in connection with the administration of my estate or trust, the expenses of my last illness and my funeral expenses. (h) To vote any shares of stock which form a part of my estate or trust and to otherwise exercise all the powers incident to the ownership of such stock and to hold and actively manage and operate any unincorporated business, including any sole proprietorship, joint venture and partnership, with all the rights and powers of any owner thereof. (i) In the discretion of my Executor or Trustee, to unite with other owners of similar property in carrying out any plans for the reorganization of any corporation or company whose securities form a part of my estate or trust. (j) To assign to and hold in my estate or trust an undivided portion of any asset. (k) To hold investments in the name of a nominee. Page 9 of 12 pages (1) To abandon, compromise, settle, arbitrate, pay or otherwise deal with claims in favor of or against my estate or trust. (m) To select, employ and compensate any person, firm or corporation engaged in rendering investment counsel advice to advise my Executor or Trustee in making investments, managing securities or making decisions concerning the purchase, retention, sale or other disposition of any part of my estate or trust; and to select, employ and compensate any attorney, accountant, broker or other specialist or firm thereof to render services to my Executor or Trustee with respect to my estate or trust. ITEM XII: In the settlement of my estate: (a) My Executor shall not be personally liable for any loss to my estate or to any beneficiary of my estate resulting from an election made in good faith to claim a deduction as an income tax deduction or as an estate tax deduction; nor, as a result of such election, shall any compensating adjustments be made. {b) In valuing property in my gross estate for the purposes of any Death Tax, my Executor shall not be personally liable for any loss to my estate or to any beneficiary of my estate resulting from my Executor's decision made in good faith to use a particular valuation date; nor, as a result of such decision, shall any compensating adjustments be made. (c) My Executor shall not be personally liable for any loss to my estate or to any beneficiary of my estate resulting from any other decision or election made by my Executor in good faith; nor, as a result of any such decision or election, shall any compensating adjustments be made. ITEM XIII: I hereby nominate my friend, CHARLES L. SIECK, of Boca Raton, Florida, to be the Executor of my estate. If for any reason he should fail or cease to act, I nominate the HERSHEY BANK AND TRUST COMPANY, Hershey, Pennsylvania, to be my Executor. All references in this Will to my "Executor" shall also refer to any successor Executor. Page 10 of 12 pages ITEM XIV: I hereby appoint my friend, CHARLES L. SIECK, of Boca Raton, Florida, as Trustee of any trust created hereunder. If for any reason he should fail or cease to act, I appoint HERSHEY BANK AND TRUST COMPANY, Hershey, Pennsylvania, as my Trustee. All references in this Will to my "Trustee" shall also refer to any successor Trustee. ITEM XV: Any Executor or Trustee shall qualify and serve without the duty or obligation of filing any bond or other security. Any corporate fiduciary shall be entitled to compensation for its services in accordance with its standard schedule of fees in effect when the services are rendered. ITEM XVI: In the event that for any reason on the date of any distribution of income or principal from my estate or any trust created hereunder there is not a beneficiary thereof, then such distribution shall. be made to such persons, _ and in such proportions, as would be entitled to my estate had I then died intestate, a resident- of the State of Pennsylvania. IN WITNESS WHEREOF, I have hereunto set my hand and THE REST OF THIS PAGE INTENTIONALLY LEFT BLANK Page 11 of 12 pages seal and do hereby declare this instrument to be my Last Will and Testament, this ~3 da of y ~1 G,~rZ.~~ 19 9 8 . Robert H. Long, ~J';~~: (SEAL) We, the undersigned, do hereby certify that the foregoing instrument was signed, sealed, published and declared by ROBERT H. LONG, JR., the Testator, to be his Last Will and Testament, in our presence. t ~•" ~~~- 1~ ~~ ~~• __.-- Residin at:~ ., ,, f~ . t~ g ~.:~.~.tz:.ts ft Residing at• Q~OL.~ Page 12 of 12 pages BLACK 4ND DAVISON 4TTORVEYS AT LAW 32 W. QUEEN STREET ~HAMBERSBURG. PA 17201 717.Z64.i194 CODICIL I, ROBERT H. LONG, JR., of Cumberland County, Pennsylvania, having made my Last Will and Testament, dated as of March 13, 1998, do hereby make, publish and declare this to be a Codicil to my Last Will and Testament. 1. 1 hereby revise ITEM XIII of my Last Wiil and Testament referred to above changing my Executor and hereby name Hershey Trust Company, Hershey, Pennsylvania, to be my Executor. 2. I hereby revise ITEM XIV of my Last Will and Testament referred to above changing my Trustee and hereby name Hershey Trust Company, Hershey, Pennsylvania, to be my Trustee. 3. I hereby ratify and confirm my Last Will and Testament except insofar as the same ~ has been modified by this Codicil. IN WITNESS WHEREOF, I, Robert H. Long, Jr., have to this Codicil to my Last Will and Testament, dated March 13,1998, subscribed my name and set my seal, this ~~ ~ day of May, 2007. ~, ~~ Signed, sealed, published and declared as and for a Codicil to his Last Will and Testament, dated March 13, 1998, by Robert H. Long, Jr., the above-named Testator, in the sight and presence of us, who at his request and in the sight and presence of him and of each other, have hereunto subscribed our names as witnesses on the day and year last above written. ~' U,~- 'COMMONWEALTH OF PENNSYLVANIA COUNTY OF FRANKLIN SS I, Robert H. Long, Jr., the Testator 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 a Codicil to my Last Will, dated March 13, 1998; 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 Robert H. Long, Jr., the Testator, this ~_ day of May, 2007. ~. Testator No "ry COMMCN°JVEA.Li H ~3F PENNSYLVANIA COMMONWEALTH OF PENNSYLVANIA COUNTY OF FRANKLIN Notarial Seal Lynann M. Funk. Notary Public Chambersburg 13oro, Franklin County My Commissiai Expims Mar. 3, 2008 SS Member. P9ans~r!•~ra^~:~ ~s;;.c~atinn Of Notaries We, ~~,. G, S ~) c ~~~-~ and .s ~:-l~ y. ~" w . F s:: ~-~~, the ~tnesses whose names are signed to the attached or foregoing instrument, being duly qualified according to law, do depose and say that we were present and saw the Testator sign and execute the instrument as a Codicil to his Last Will, dated March 13, 1998; that :he Testator signed willingly and executed it as his free and voluntary act for the purposes :herein expressed; that each subscribing witness in the hearing and sight of the Testator signed the Codicil as a witness; and that to the best of our knowledge the Testator was at ;hat time eighteen or more years of age, of scund mind and under no constraint or undue nfluence. Sworn to or affirmed and subscribed to before me by ~ a ~ C . s'.~1 r ,~,~ and J,f~.c y ,~ {.cam„~a„-.d,,,, witnesses, this ,~,~ ~~day of May, 2007. CCMMCN'~NEAL'H OF PENIVS'rLVAtdiG. Notarial seal Lynann M. Funk, Notary Public Chambersburg Boro, Franklin County My Comntr~sion Excir2s Mar. 3, 2008 Member. Per!15tr:'~a^.__~.._ . _C'3tirt'1 Of Notaries itn ss C I ~~~ Witness ~ ' `~ Notary REV-485 EX (05-04) SAFE DEPOSIT BOX INVENTORY PA Departrrlerlt of Revenue 48500041046 PLEASE USE ORIGINAL FORM ONLY Social Security or Death Certificate Number Date of Death County Code Year File Number Decedent's Last Name Suffix First Name MI © ADD ESS OF DEC DENT ~ ~ , S REET CITY: ~ ~~,u l S ~°~~~ ~~ ~r L ~ TATE: ~~ ~~ ZIP CODE: t i . NAME AND ADDRESS OF PERSON ~pUESTING THE O EP NING OF THE SAFE DEPOSIT BOX :; NAME: ~~~, STREETggoo~~E C ~ ~, I}S TE. ZI CODE: NAME, ADDRESS AND RELATIONSHIP (IF ANY) TO DECEDENT, OF PERSON(S) PRESENT AT THE BOX OPENING a. NAME; ,~~~ ~ ~ _RELATIONS IP:, STREET~IDDRESS ~ CITY: ~ STATE: ZIP CODrE: b. NAME: _ _ _ Gr.,~L1 l _ RELATION IP, STREET ADDRESS: ITY ~ TATE: j,ZIP CODE: c. NAME: RELATIONSHIP: STREET ADDRESS: CITY: STATE: ZIP CODE: NAME AND ADDRESS OF FINANCIAL INSTITUTION WHERE THE SAFE DEPOSIT BOX IS LOCATED NAME: STREET ?DRESS: , --CIJ,Y. -! ---------- --- STATE: _ . - ZIP CODE: --SC L~~ ~'l Ya-~ ~ ~ i~ `7 i /, ~ Y`I %J t~ t _L.I~ _ ~~~=~- I ~.~; t 1 NA E OF P~ RSON MAKIN LA~r~TRY DAT ND TIME OF LAST ENTRY _ DA OF CONTRACT TO RENT BOX NU E OF X f TRLE~ ND,sER Wyl~ BOX IS.tjEOU~SC ~~~, NAME `AND ADDRESS OF PERSON(S) HAVING ACCESS TO BOX P - ~ (-{- L a. NAME; b. NAME: ! , ~~ ~~ ~ ._ _ ~ ~___L~ _~C,,- s~2~-- --------- ---_. __.- -- -- - STREET ADDRESS: ~ ,.~ STREET ADDRESS: CIW:~ ('\I , STATE: ZIP CODE: CITY: STATE: ZIP CODE: NAME /4tN E OF EMPLO E ~1NGr HE INVEN'T9RY r WAS A WILL IN THE BOX? ^ YES ~ NO If yas, a. Date of will: b. Name and address of personal rep~seMative, if named in the will _ __ _ _. - NAME STREET ADDRESS: a~ _/ ~ C 't~ : E'~L ~ _ ! - _ ~ ~:_ .-~ J'C~:Z ~ -' ~ ~~ ' ~k" ~C ~: CITY ~"f'1 ~/L ~~I ^L- ~-t YJJ .~. TATE ~ ~~~ - G . . . c. Nama and address of attorney, if any ~.. _ . . - . . Y - _ L C. NAME: ~'t'~ c^,, r\ STREET ADDRESS: ; _ `L .~ ~~., _ ~, J p F,-} ~ t CITY. ~ ~1..^'}•rti ~l {rC.1 f1 ~ 'Z ,SJTATE: i' !~ _ ... ZIP CODE: t -} z, U ~ ~ 48500041046 48500041046 J SAFE DEPOSIT B[~x ~NVI`NTC~RY Page-__~____of-"~_ REV-485 EX INSTRUCTIONS (1) Cash: Repoli total only. (2) Stocks: List in detail every common or prefened certificate, wanant or other rights found in box. Stacks are to be designated by name of company, certificate number, date of certificate, name in which stock is registered, and number of shares and class of stock. (3) Obligations of U.S. Government: Number of items, date of issue, face value, names in which registered and type of ownership, i.e., jointly held, payable on death, etc. (4) Bonds: Designate by name, amount, serial number, or other designation. (Bearer Bonds) (5) Bank and Savings and Loan Passbooks: State name of depositor, number of book, last date appearing in book, name of bank and branch, and balance. (6) Jewelry, Coins, Stamps, Manuscripts, etc: List and describe as fully as possible. (7) Deeds, Mortgages, Current Insurance Policies or other evidences of indebtedness: List and describe as fully as possible. (8} All other contents. (9) Return completed form to: DEPARTMENT OF REVENUE INHERRANCE TAX DNISION DEPT. 280601 HARRISBURG, PA 17128-0601 ITE~II NO. ITEM DESCRIPTION r - r ., e ~- !- ,~ r ~ - ~ -- ~ ~ 71 ~,CS _- _- __..-- ~ --- -- - .--- _. - _, ~~~ / ,- }~.. , -._ r I ~J r, ~ ~ _ ~ ~ ~ _ _ -. ~J ~. ~~t, C,. ~~f l I ----- _ - -- - -----_!_:~t.=:~ ..I.__L ._ -(~ Lt: [ J~-r A i~,-d-L~-~-- ---:-~-t~-~-. !~Lt~L~ ~~~1~! l %~ C ~ ~ . __ -- _ + .- 11-- j~ j~~~_ C.G';L.L~_~ac_~l.L.tL:ICr.~...__t~~rt(~:_...__~.L~r1~1~1;~~.L1J-.. ~~:r.Lrr'i~J .. -- - __.. ~ _ ._._..------~~--~-~ fi ~_c`I ' : ,L1`i'f d.{_I ~ ~~ t„) l~.I~N /'a1~Ci ~ ., _ _ - - ----- __ , -~ ~~ ~ - ^. -- --- I CERTIFY UNDER PENALTY OF PERJURY THAT THE ABOVE RECORD IS CO CT AN CO LETE TO THE BEST OF MY KNOWLEDGE AND BELIEF. PERSON RECEIVING COPY OF SAFE DEPOSIT BOX VENTORY: ~ SIG E;/ PRtN7 C SIG RE .~' t ~ I 1'' i f PRINT NAry~E ANd M6CK gPPRO ~QO~BELOW: ~ / 1 ~ ) .;. f ~ ri l 1~ r a~ i ~ /~ t . ~~; _ i r ------------- _ ._ PRINT TITLE GATE --r---1-_. .__ ---------- -- - - CHECK APPROPR1ATEtBOX: --~-- p ' 1 t'--~ '(' ~ExecutorfUixl ~Administratorttrix) Estate Representative ~ Joint owner of safe deposit fox NOTE: Attach additional 8'/:" x 11" sheet(s) if necessary or use duplicates of this page of form. The Department is authorized by law, 42 U.S.C. §405 (c)(2)(C)(ij, to require disclosure of Social Security numbers in conr>ection with administering state tax laws. The Department uses the Social Security number to identity the decedent and personal representatives of the estate. The Carmtonweaith may also use the information in excharge of tax information agreements with Federal and local taxi authorities. The state law prohibits the Cortxnorrvvealtlr's ersonnel from disGosin confidential tax information except for offx9al pu ses. It F ,/ ;~rJ~ _ ~ ~J SAFE DEPOSIT Rnx iNV~NTnRV Page.. of _ . REV~85 EX INSTRUCTIONS (1) Cash: Report total only. (2) Stocks: List in detail every common or preferred certificate, warrant or other rights found in box. Stocks are to be designated by name of company, certificate number, date of certificate, name in which stock is registered, and number of shares and Gass of stock. (3) Obligations of U.S. Government: Number of items, date of issue, face value, names in which registered and type of ownership, i.e., jointly held, payable on death, etc. (4) Bonds: Designate by name, amount, serial number, or other designation. (Bearer Bonds) (5) Bank and Savings and Loan Passbooks: State name of depositor, number of book, last date appearing in book, name of bank and branch, and balance. (6) Jewelry, Coins, Stamps, Manuscripts, etc: List and describe as fully as possible. (7) Deeds, Mortgages, Current Insurance Policies or other evidences of indebtedness: List and describe as fully as possible. (fi) All other contents. (9) Return completed form to: DEPARTMENT OF REVENUE INHERITANCE TAX DIVISION DEPT. 280601 HARRISBURG, PA 17128-0601 ITEM NO. REM DESCRIPTION ----- --~~ ~ ~ Cam'-~~--- -~~ _ ._ ~~~L_~~L' ~ . `~_~_ ~J-~__1.~v_ i-'. _ _ _ _ _ . _----- _ ---_ _ . -- -- - __ , -L.~----~~..~ ' ------1 ~ ~ ~~ ' ~ l ~ 7 ~ ! ~ 1- 1,..--~ ....L, ~ --' ' • rk- (r 7`-~ r 41 `~ ' ~ ~ ~f ~~~ ~ rc-t l:~ - c~L~_ 1~- ., .__ - .-~1_.-;rL~-_l ~~ LifrL-~_11i ~...~f_~ 1-_.Sw~. L-',J._. Vy-_~iJ-~~-~1_i^i L. ...J _.(./dd.J-C + \\..XX /~~l, f'.J~ ~L C_~. , ._.. f - I~lG~'~~ L ~ ~... _. . . ~~ 1 5 .~ ~ P`-~ ~. `~. i ~ ~o~. (.~.I.. 'r ~- ~" Le I ra l L { ~ ~' 1f.. ` ~ I ~ ' ~"J~;~l~--~ 1~... --~. ----- _~----- ~ _, ~ `~ --- -- , i,1..~ ~ ~'~ ~ ~ ~:.~~ -~- e. - ~. ~ ~ ~~t'_"°!~~ r ?~..r ,L.f-~ --~! !~-_.._1 ~1r~1(.y1~.'tc,.c1J _~L __. _- ~'. _c ~ - ---~-- _ .~ __ _~>z . ss-~_~`_~-='-~ -- C-c~~ Lr._~t.lt- ~_.~ C..a~".4 --- • _r~rl'J~,~ d!~-`. ~E;:L.1 ---- r ~...> r 1L~ J ~ _ t v z. _ ._ ... - ~ r -i~.`~.`~~~ `>~._~_.j.~_ ,-_..._rs~:-Lr _L'~ ._~;f=L.i7`~-a.~-~. ` _~'`~-1 ~-- r.Jri~Jri7'1~',~~.~J'_!~'C.::t~ I CERTIFY UNDER PENALTY OF PERJURY THAT THE ABOVE RECORD IS CORRECT AN COMPLETE TO THE BEST OF MY KNOWLEDGE AND BELIEF. PERSON RECEIVING COPY OF SAF DEPOSIT BOX ENTQRY: ~ SIGN E `~ -\ PRINT N _-- - --~ -- -_~--~---~---~-- ~ ~ ~ SIG RE ' ~~- I H ROP T~ B, x BELOW: ~ +L~~i~ ~ /.J V `-•~y( \~J- / trot ~X L~/M1a ' / i / L ..',:-~v' ~ J ra vw: ~ PRINT TITLE DATE / ~ N . ~(~L,. ~ j ~" + -~~,~~ K APPROPRIA - YY'//~~11 {- Tl~ _G ~-i 1 ~C^.`;J ~~ \~V ~~ ~^~ ~yt~ \ '~ (~ ~ I ~ ~ 11 CHEC 80X: ~ - ~Ezeeubr(triz) ^ AdministratOr(Viz) ~ Estate Raprasenta6ve ~ Joint owner d sale deposit box NOTE: Attach additional 8'/:" x 11" sheet(s) if necessary or use duplicates of this page of form. The Department is authorized by iaw, 42 U.S.C. §405 (cK2)(C)(~, to requae dsdosure of Social Security numbers in connection wiU1 administering state tax laws. The Department uses the Social Severity number to identify Ute decedent and personal represenfalives of the estate. The Commonwealth may also use the information in exchange of tax information agreements with Federal and local taxin authorities. The stale law prohibits the Canmonwealth's personnel from dsdosin confidential tax information except for oAkaal purposes. ~, J _} .,;~ _c.~ -~t~v %~.~ ti~ ~4 (_~ AGREEMENT OF SALE MADE this ~8~~ day of ~~ 2011, by and between Hershey .Trust Company, as Executor of the Last Wil and Testament of Robert H. Long, Jr., late of Hampden Township, Cumberland County, Pennsylvania, hereinafter referred to as "Seller", and Nicole A. Long-McCoy, of the Borough of Camp Hill, Cumberland County, Pennsylvania, hereinafter referred to as "Buyer", WITNESSETH THAT: Inconsideration of the mutual covenants herein contained and intending to be legally bound by the terms hereof,'the parties agree as follows: 1. Seller agrees to sell to the Buyer, and the Buyer agrees to purchase from the Seller, the hereafter described real estate for the total sum of three hundred, fifty thousand, ($350,000) dollars, payable as follows: a. The sum of one ($1.00) dollar shall be paid to Seller as a down payment at the time of the execution of this agreement, which sum shall be applied to the purchase price at closing. b. The balance of the purchase price, or three hundred, forty-nine thousand, nine hundred and ninety-nine ($349,999.00) dollars, shall be paid, by certified, bank, or attorney's check, at closing. 2. Settlement shall take place on or before December 31, 2011, or at a time prior thereto mutually agreeable to the parties, at which time Seller will deliver to Buyer a deed containing a fiduciary's warranty, conveying fee simple title, free and clear of all liens, encumbrances and easements, EXCEPTING, HOWEVER, the following: existing deed restrictions, historic preservation restrictions or ordinances, building restrictions, ordinances, easements of roads, easements visible upon the ground, easements of record, privileges or rights of public service companies, if any; otherwise the title to the real estate to be conveyed will be good and marketable and such as will be insured by a reputable title insurance company at the regular rates. Settlement shall be held at the corporate offices of the Seller, unless otherwise mutually agreed between the parties. 3• A. Pending closing, Seller shall maintain the~property in its present condition, normal wear and tear excepted. B. Seller shall bear risk of loss from fire or other casualties until time of settlement. In the event of damage to any property included in this sale by fire or other casualties, not repaired or replaced prior to settlement, Buyer shall have the ~ option of rescinding this Agreement or of accepting the property in its then condition, together with the proceeds of any insurance recovery obtainable by Seller. Buyer is hereby notified that they may insure V ~~ their equitable interest in this property as of the time of the execution of this Agreement. 4. The Pennsylvania realty transfer tax shall be paid by the Buyer and the local realty transfer tax shall be paid by the Seller. School real estate taxes for 2011-2012 shall bepro-rated on a fiscal year basis as of the date of closing. County and Borough real estate taxes for 2011 shall be pro-rated on a calendar year basis as of the date of closing 5. Utility charges to date of settlement shall be paid by Seller. 6. Buyer reserves the right to make apre-settlement inspection of the property. 7. If the Seller is unable to convey title free and clear of all liens and encumbrances, then Buyer shall have the option to take the conveyance with the objections noted for the full purchase price. 8. The real estate is described as follows: A certain piece or parcel of real estate located in Hampden Township, Cumberland County, Pennsylvania, and described in Cumberland County Record Book 32K, Page 898, and known as 665 Saint Johns Drive, Camp Hill, Pennsylvania 9. The premises are sold "as is" and with all faults. 10. This Agreement and Buyer's obligation to close is contingent upon the following occurrence: (a) Receipt of termite, radon and lead paint inspections, if required by Buyer's lender, with results acceptable to Buyer's lender. 11. If Buyer desires to obtain a home warranty on the premises and purchases the same, Seller shall reimburse Buyer for the cost of said home warranty up to a maximwn cost of five hundred ($500.00) dollars; provided, however, that said home warranty shall not require Seller to undertake an alteration, renovation, modifications, or repairs of the premises as a condition to its issuance and/or effectiveness. 12. Should the Buyer default in paying any portion of the purchase price when the same becomes due, or otherwise fail to comply with the above terms of sale, all monies theretofore paid by the Buyer to the Seller shall be forfeited to the Seller and shall, by the parties, be considered the agreed amount of the liquidated damages for the Buyer's failure to fulfill the contract, and tender of . deed as a condition to forfeiture is waived. 2 ~~ ll~l~~l 13. The said date for settlement and all other dates and times referred to in this Agreement are agreed to be of the essence of this Agreement and are binding. In the event that settlement does not occur on or before December 31, 2011, this agreement shall be deemed null and void and of no force and effect thereafter. IN WITNESS WHEREOF, the parties hereunto have executed this Agreement the day and year aforesaid. ATTEST: (SEAL) HERSHEY TRUST COMPANY. as Executor of the Last Will and Testament of Robert H. Long, Jr. By "SELLER" WITNESS: C~~t,(r is e A. Long-McCo "BUYER" 3 i Four Seasons Appraisal Services, LLC me rvu. 06129!2011 Hershey Trust Company, Executor 1 W. Chocolate Avenue, Suite 200 Hershey, PA 17033 File Number: 2011-188 In accordance with your request, 1 have appraised the real property at: 128 Bluegrass Road Saxton, PA 16678 The purpose of this appraisal is to develop an opinion of the del3ned value of the subject property, as improved. The property rights appraised are the fee simple interest in the site and improvements. In my opinion, the defined value of the property as of June 17, 2011 is: $105,000 One Hundred Five Thousand Dollars The attached report contains the description, analysis and supportive data far the conclusions, final opinion of value, descriptive photographs, assignment conditions and appropriate certifications. Respectfully, Micah Rothrauff PA Certified General Appraiser #GA001859 106 Hollidavsbura. PA 16648 Ph: 814-695-5161 Far1_aaa_am-eaa~ a Residential Appraisal Report File NO 2011-188 ~= r=~r=a= _~ ~~•~ =uP=I,=I ~=wli ~, w prorlbe me cuent wlm a uedible npimon of ttre defined value of the subjea prupery, given dw intended use dt the appraisal. Giern Namenntendea user Hershe Trust Cam an Executor E•mad Client address 1 W Chocolate Avenue Suite 200 Crtv Hershe state PA Zio 17033 additional intended Userls None "'!ended use The intended use of this a raisal is for estate tax ur oses and valuation of the sub ect pro a for the Estate for Robert _on Jr. Pro Address 128 Blu rass Road C Saxton state PA zi 16678 owner dr Publit Record Robert Lon Jr. $ Thomas Lon Courn 9edford Leal Oescri don 2001233 assessors Parcel x I4-33 Tax vear 2011 R.E. Taxes S 557.36 vei hborhdadName Saxton area/Libe Townshi Ma Reference 14-33 Census Tract 42009-9801 Pro a Ri tsA wised X FeeSim le Leasehold Other descdbe M research did X did not reveal an rior sales or transfers of the sub ect ro e far the three ears ddr ro the eBective date alttks a raisal. prior SalelTranster: Date NlA Pdce N/A Sources Courthouse Anarysis of pda sale ar transfer history of the subject property (and comparable sales, dapplicablej NIA Oflerings, opdans and contracts as of the elfective date of the appraisal N/A ' bixhoodCharacteristics - Qna-UrotHausingTrtSnds `One-Unit.Hausi - PrysentEandUSe96 -: ' Ldcatidn Urban Bulk-U X Over 75% suburban 26J5% X Rural Untler 26% Pra Values Increasin Oemandr5u Shorts e Stable X In Balance Oeclinin Over Su I PRICE AGE 5(000) s) One-Urd 85 % 2-4 Unit % urowth Ra id X Stable Slaw Markedn Tme Under 3 mihs 3-6 mtM Over 6 mNS Neighborhood edundades The a roximate boundaries of the Sub ect's nei hbomood are the dwellin s located within the Borou h of Saxton PA and Libe Townshi Bedford Coun Nelghbarhood Oescdpdan See Attached Addendum 25 Law 15 150 H n 130+ 35-115 Pred. 0-110 MWd-Famil % Commercial 15 % Other % Marks[ Candidans (including support for the above carrclusionsl See Attached Addendum Dimensions Irce ular - 2 lots area 3.5 acres 5ha a Irre ular view Avers e S ifit Zdnin Classifuation None Zonin Descri tion N!A Zonin Cam )lance Le al Le al Nonconformin Grandfad,ered Use No Zonin III al describe Is the highest and best use df Ne subject property as improved (or as proposed per plans and specifications) the presern use? Yes Nd II Nd, describe. Utili[ie5 Publi[ O[her(describe) Public O[hertdescribe) Off•srte im rpvemen[s-T a Public Priva[e Elecbi X water Street Macadam Gas X Oil Sanbar sewer Alle None site Comments The A raiser observed NO a arent adverse easements andlor encroachments on the date of ins ection. GENERALDESCRIPTIQN Jmts X One CnewlACCUnit FOUNDATION Concrete Slab X Crawls ace EXTERtOROESCRIPTION .materi5la FdundatidnWalls Stone INTERIOR materials Fkors Hardwd.$Vn I adlStories 2 X FullBasemenl Panial9asemern EMeriaWalls Wood Shake Walls DW 8 Plaster Tv e X Oet. An. S-OeLIEnd Unit X Exisdn Pra ose0 UnderConst. Basement Area 312 s .ft. Basement Finish 0 % Rocr Surface Shin le Guaars b Downs dots Aluminum TrirNFinish Pine Bath Flddr Vln I Desi n(5 let 2 St0 Outside Eno lE,it Sum Pum WindowT a Double Hun Bain Wainscot CeramiC/Av . vear 0uin 1870+l- Erfective A rs 45-50 Storm Sashllnsulated Yes Screens Yes Car Slora a Nona X Orivewa y dl Cars 2+ Amt None Headn FWA HW Radiant Amenities WdodStove s x Drivewa Surface GravE!I Dro Stair X Stairs Other Fuel Oil X Fire lace s) 4 Fence Gara e t dl Cars Floor scutde Cooli X Cenbal Air Conditiornn PatiolDeck X Porch 2 X Ca art ~ dt Cars 1 Finished Healed Individual Other Pool Other An. X Det. Buih-in A )lances X Refd erator Ran sloven Dishwasher Ois osal Microwave WasherlOr r Other describe Finished area above rode contains: 6 Rooms 3 Bedrooms 1 Balh s 1 104 5 are Feet dl Gross Livin Area Above Grade ' Additional Features A 10 x 20' older car ort enclosed on 3 sides current) used as wood story e. Also there is an enclosed porch in the rear of the house that contains the fumace and laund area and has no access from the inside of the house. CommeritsdnNelmprovements The sub~ect a eared to be in above avers a condition on the date of ins ection and featured asemi-modern :o modern kitchen with the cabinets and a 5re lace, asemi-modern bathroom refinished hardwood floors and asemi-modern overall interior and exterior decor. The house a eared to be last si nificantl u dated in the 1970's+/- but is well-maintained includin an u oleo electrical service and furnace with central air conditionin .Also h sisal de reciation is attributed to a e, weatherin and normal wear and tear. W ~~ rn Peye 7 d 1 as+I a, wraeeepeom This fain CWylgle u EtgS.ime Kl prim d i50 Clrei Swvs x..,ix pna! inert. ~ 19PnRr) General Wgpu /ippnnal Repot eSRaip GPAgt IpeSMMlp ~i .. -. .. s. ,.,s,. Residential ADDraisal Rennrr FileNa 2011-188 FEATURE SUBJECT COMPARABLE SALE N0.1 COMPARABLE SALE N0 2 COMPARABLE SALE N0.3 128 Bluegrass Road address Saxton, PA 18198 Beavertown Road 3724 Cortland Road Todd PA 16685 New Paris, PA 15554 767 Dunkard Hollow Road Alum bank PA 15521 arozlm ro SuGett 9.83 miles ENE 22.97 miles WSW 22.90 miles'N :ale arise s N/A s 95,900 s 125A00 5 129,000 Sale PricPlGrass LN. area S C 00 s it. S 56.81 ; . ft. S 96.45 . rt. S 107.50 s . h. ~ Dau Sdurce sl 1115 ctio[t MLS #1010107 MLS # 25454 MLS #27895 Verficadan Source s) Courth0use Courthouse Courthouse `/ALUE AOIUSTMENTS DESC~IPT'CN DESCRIPTION .(~)s 'usvnen DESCRIPTION .h)s onenl DESCRIPTION .Hs Sate orFinanong ^oncessions N/A Conventional None Conventional None FHA Seller Pd. $5060 -5 060 ~7ate of Same -"N/A 09/0912010 03104!2011 12/2312010 Locadon Avera a Avera a Avera a Avera e Laasehald7Fee Sim le Fee Sim le Fee Sim le Fee Sim le Fee Sim le Site 3.5 acres 2.6 acres 5 000 2.8 acres 4 000 3.582 acres iiew Avera a Avera a Avera a Avera e Deli n S le 2 Sto 2 Sto 2 Sto Ca a Cod Oualit WConswction Avera a Avera a Avera a Avera e .actual a 141+/_ Years 140 ears+/- 69 ears 60 ears ~onditlon Av .rGood Avera a 10 000 Good -10 000 Good -10 000 Above Grade rorai earns earns tool cams cams raW alms. ems rain alms cams Roam Count 6 3 1 7 4 1 6 4 2 -3 000 5 3 2 -3 000 Gross tM aea 10.00 1 104 s . ft. 1 688 s . ft. -6 000 t 296 s ..t. -2 000 1 200 s . fl. -1 000 Basement & Finished Rooms Below Grade Partial Unfinished Full Unfinished Full Unfinished Full Unfinished Funtdanal unlit Avera a Avera a Avera a Avera e Heati Cdolm OFHAlCA OHW 1 500 OFWA 1 500 OHW 1500 Eyler Efficienacems Avera a Avera a Avera a Avera e Sara Ca on Car ort 2 Car Att. -4,500 Dbl. Carport -t 500 None 1 500 aorcNPada"eck Front 8 Rear Front & Rear Front & Rear Front 8 Rear Other Fire lace None 1 000 None 1 000 None 1 000 Da s on market NIA 192 89 183 vetA 'ustment oral s 7 000 S 10 000 X - S 15 060 Adjusted Sale Price of Com arables ~ - Net Adj. 7.3% Gross A '. 29.2% S 102 900 Net Adj. -8.0% Gmss .18.4% S 115 000 Net Adj. -11.7% Gmss A '. 17.9% S 113 940 Summar at Sales Com arisdn A roach See Att ached Addendum C.OSTAPP CH~TQVALUE - - ~ - Site Value Commerds ESTIMATED REPRODUCTION OR REPLACEMENT COST NEW OPINION OP SITEVALUE...._ ................................. = S Source of cost data Dwellin 1 104 5 . Ft. Q S ............ = f 0 Ouali radn from cost Service Effective date of t0at data Bsmt: 312 S . Ft. S . FL ~ 5 ............ = s 0 Comments do CdSIA oath toss livin area calculadarls.d reciatian, etc. Porch OUtbUildin S Due to the a e of the Sub'ect and the amount of accrued Gara ercar ort 0 5 . R. ~ s = s 0 de reciation the A raiser considered the Cost A roach not Total Estimated! CosbNew = S 0 a livable for the ur oses of this a raisal. Also the A raiser Less Ph ical Fundidnal External estimates the remainin economic life of the Sub ect to be oe reciatian = S 0 a roximatel 35-40 ears. De rer9atedCostoflm rovemems .................... _.._..... = S 0 'AS•is" Value df Site Im rovemerrts ............................... = S lNOICATEO VALUE BY COST APPROACH ................... = S 0 WCOMEAPPROACFFYt7lVALUE - - EsbmatedMonth Market ReM S N!A X Gross Renl Mulb tier N/A = S NfA. Indicates Value b Income A roach Summaryof Income Approach (mcluding supptxtfor market remand GRM) Oue to the lack of tom arable rental data the A raiser considered the Income A roach not a licahle. ~ntlica[etl Valued ~ Sales Cam arisonA roachSt OS OOO CostA roach (iftlevela etl 5 O IncomeA roach (if tlevelo ed)s NIA The A raiser laces the most em basis on the Sales Com orison A roach to value due to the uali and uanti of tom arable sales data thou h there has been decreased market activi Burin the ast ear resultin in fewer sales to het the A raiser arrive at ono inion of value. Both the Cost and Income A roaches were considered not a livable due to Sub ect's a e and accrued de reciation as well as the tack of tom arable rental data. TMs appraisal is made "as is; whject ro completion per plans and specificatwns on the basis df a hypoNedcal tondiGOn tha[ the improvements have been completed. ^ subjett to the'ollovdng repairs or aheratidns an the basis of a hypothetlcal condition thatthe repairs or aderatidn5 have been completed ^ subjett to the following: 3ased on the scope of work, assumptions. I inviting conditions antl appraiser's certification, my (our) opinion df the defined value of the real property -Hans the subject df this report isf 105,000 as of 0 611 7/201 1 ,which is theeffective date ofthis appraisal. .~. ,..... c r. ^wna=ua.y.=., v.w.a wx..a.=~...~n.w~..m.cw. ims~rvm CaaM,giae?4a4-alto atldwmtli50CWm5em[a9 ae..Y4gl1y aavrwa. Page2d4 IgPM"')Generg PUpose AOOraaai OSRetd cvaal~ aos.uma Four Seasons Appraisal Services, LLC Residential Appraisal Rennrt FIeNO. 2011-188 FEATURE SUB;ECT COMPARABLE SALEN0.1 COMPARABL'eSALEN0.5 COMPARABLE SALEN0.5 ' 28 Bluegrass Road address Saxton, PA 1388 Frame Church Everett PA 15537 431 Brattier Station Road Everett, PA 15537 '~ozimi to Subect 23.34 miles SSW 10.82 miles SSW ~aie Price f ~/A ! 5 105 A00 3 90 000 s ::ale PricelGrass Uv. area ~ 5 0.00 ; . `i. 1 3 79.55 s . h. s 104.17 , rt. I ' S 0.00 s . R. :ata Sdwce s Ins n MLS ;x27804 MLS #29639 verification Sourc s i . Courthouse Courthouse JALUEAO)USTMENTS ~ESCRIPrr~N DESCRIPTION •Idsa m DESCRIPTION •I•)s as DESCRIPTION .(•)s Sale ar Financing Concessions NIA Cash None Rural Housing None OateatSate~Tme 'N/A - 04/0112011 04!18!2011 Location Avera a Avera a Avera e LeasenoldlFee sim le Fee Sim le Fee Sim le Fee Sim Ie srte 3.5 acres 5.15 acres -7 000 2.933ac.lSlo in 5 000 ~)iew Avera a Avera a Avera e Desi n St le 2 Sto 1.5 Sto 2 Sto quasi a consbuction Avera a Avera a Avera e Actual A e 141+/- Years 61 ears+/- 62 ears +!- Condition Av .!Good Avera a 10 000 Av ./Goad Above Grade rani auras sans row earns earns raa earns sans 4 000 raa eaan Bans RoomCawt 6 3 1 6 3 1 4 2 1.5 -1500 Gross tN Area 10.00 1 104 . R. 1 320 s . ft. -2 000 864 , rt. 2 500 !t. 3asement & Finished RoomsBebwGrade PaRjal Unfinished Full Unfinished Full Unfinished 0 0 junctional utir Avera a Avera a Avera e ieau Caolin OFHAlCA OHW 1 500 OFHA 1 500 Ener Efficient Items Avera a Avera a Avera e tiara elCa art Ca ort 2 Car Det. -4 500 2 Car Det. -4,500 PorctUPatid0eck Front & Rear Front 8s Rear Front & Rear Other Fire lace Pavillion E ual None 1 000 Da son market N!A 303 39 NetA 'ustment oral - X• S 2 000 . S 8 000 S 0 Adjusted Sale Price otCom araMes Ne[Adj. -1.9% Gross '. 23.8% f 103 000 NH Adj. 8.9 % GrossA'. 22.2% f 98 000 Nel Adj. 0.0% Grass 0.0% f 0 Summa at SalesComparisonA roach See A dditional Comments. p+.a .. ..-..---...~..-.._...__._-._-..__.-_..-__. ~,..~~~way~,-<w>.~,,,...,w~w,a ~~., w.,~~..F.. ~c_..~gns~m.rn. I'a.77! A6eitlawlCaaGeraaes (9PaN`)Genaa PUWSa k7asa Rpa~~aa OSRate a'MI0a1_IOaaia7010 4xy' ....v .. Resirfanrial Onr,~~foor n,...,._. -----' """ `YY""-~~' r~eNui l File NO. ZU71-188 Scope of Wor'<, Assumptions and Limiting Conditions Scope of work is defined i n the Uniform Standards of Professional Appraisal Practice as "the type and extent of research and analyses in an assignment." msh~xt.scopeofvvorkissimply what the appraiser did and did nottlotluring[hecourseoftheassignment. Rmclutles.buusnot ;imrted [o: [he extent [o which [he property ~s identified and inspected. the type and extent of data researched, the type and extent of analyses applied to arrive at opinions or conclusions. The scope of [his appraisal and ensuing di scussion in th i s report are sped fit to [he needs of the client, other ~den[ified i n[endetl users and to [ne ~n[entled use of [he report. This report was prepared (or [he sale and exclusive use of the client and other identified intended users for the ~dentifie0 Intended use and its use by any other parties is prohibrcetl. The appraiser is not responsible for unauthorized use ofthe report. The appraiser's certification appearing in this appraisal repcrt is subject to the following contliUOns and [o such other specific cond ititlns as are set forth by the appraiser in the report. All extraordinary assumptions and'Hypothetical conditions are slated in [he report and might nave affected the assignment results. 1. The appraiser assumes ra responsibifiry for matters of a legal naWre aflecting the property appraised or tide thereto, na does the appraiser render arty opinion as to the tide, which is assumed to he goad and marketable. The property is appraised as though under responsible ownership. 2. Any sketch in this report may show approximate dimensions and is included only td assist the reader in visualizing the property. The appraiser has made no survey W die property. 3. The appraiser is na required to give testimony or appear in court because of having made die appraisal with reference [o dte property in question, uraess arrangemeras have peen previously made thereto. 4. Neither aN, na arty part of the coraera of this report. copy dr other media thereof (including cdndusions as to the properly value, the identity of the appraiser, professional designations. a the firm until which me appraiser is connected), shall 6e used for any purposes by anyone but me ckem and other intended users as identified in Nis report na shall h be corneyed by anyone to the public dxaugh advertising, publG: relations, news, sales, a other media, vdthou[ the written consem of the appraiser. i. The appraiser will rim disclose the moments of this appraisal report unless required by applicable taw a as specifred in the Uniform Standards of Profe55ional Appraisal Practice. i. Irdormation, estimates, and opinions furmshed ro the appraiser, and contained in the report, were obtained Irom sources considered reliable ono believed to he true and correct However, no respdnsibllity for accuracy of such items furnished to the appraiser is assumed by the appraiser. 7. The appraiser assumes that there are no hidden or unapparen[ cdndidans of the property, subsoil, or structures, which would render a mare a less valuable. The appraiser assumes rro responsibility far suth conditions. or fa engineering or testing, which might he required to discover such factors. This appraisal is not an envkarxnental assessment of the property and should Hat be considered as such. 8. The appraiser specializes in Ne valuation of real property and is not a home inspects. building cdmraaa, structural engineer, a similar expert, unless otherwise noted. The appraiser did rpt wrMUCt me intensive type of field observations of the kind intended td seek and diswver property defects. T he viewing of ore property and any improvements is for purposes of developing an opinion df the defined value of the property, given the imended use df this assignment Statements regarding corMition are based an swlace observations only. The praiser claims rm spatial expertise regarding iswes including, butnot limbed to: foundation settlement basemem moisture problems, wood desvoying (or other) inserts, pest infestation. radon gas, lead based pain[, moW or enaranmental iswes. UMess otherwise indkated, mecharvcal systems were not activated a tested. This appraisal report should not be used to disclose the condition of the property as i[ relates ro the presencelabserce of detects. The diem is invhed and encouraged ro employ qualified experts to in5pea and address areas dl cbncem. If negative condi0ons are discovered. [he apirtion al value may be adetted. Unless otherwise noted, the appraiser assumes the components thatcons[i[u[e the subject property improvement(s) are funtlamen[ally sound and in working order. Any viewing of the properly by the appraiser was limited to readily observable areas. Unless ahervdse noted, amts and aawl space areas were rot accessed. The appraiser did not more lurrtiture, fbor coverings or other items that may restna the viewing of Ute prbperty. 9. Appraisals involving hypothetical conditions related o completion of new consbtxtion, repairs or attaration are based an the assumption that suth completion, akeration or repairs will be competently perlamed. 10. UNess the intended use of this appraisal spedfically includes issues of prgperty inwrance coverage, tMS appraisal should not be used for such pupposes. Reproduaion or Replacement cost figures used in the cost approach are fa valuation pupposes only, given the intended use of the assignment. fie Oefirktion of Value used in [his assignment is unlikely to he consistent •rnN the definition of Insurable Value faproperty insaancecoverage/use. t t. The ACI General Purpose Appraisal Report (GPAR'°) is not intended for use in transactions that require a Fannie Mae 10041Fretltlie Mac 70 form, also known as the Uniform Residential Appraisal Report (U RAR). Additional Comments Related To Scope Of Work, Assumptions and Limiting Conditions ~^ "''+ ~w ,.... eyr... Ru0x~0 usuq w;t wll'~n.7tlIHi171 r+rM.~awlocem rM ImnCWPgnexx4~ana Kla,MgdiSil :'an Sn+rw..R..1Y,lpnq.~yp, ~ IgP+1R"ry Gencrg Pupose AOpa•.tli aSRdtd co.+aino~°•oastvaio Residential Appraisal Report Filewo. 2011-188 Appraiser's Certification The appraiser(s) certifies that, to the bes[ of the appraiser's knowledge antl belief: 1. The statements of fatt contained in this report are we and corned. ?. The repotted analyses, opinions, and concusidns are limitetl only by the reported assumptions and limiting candtions and are d7e appraiser's personal, impartial, and unbiased pralessional analyses. oplnians, and condusions. 3. Unless othervwse stated. the appraiser has no presera a prospective interest in Ne property that is the sutyect of this report and has no personal interest with respett ro the parties rndved. a. The appraiser has no bias with respect ro the property that is the subjec[ of this repot or to the ponies involved with this assignment 5. The appraiser's engagement in this assignment was not contingent upon developing or reporting predetermined rewtts. 6. The appraiser's compensation for completing this assignment is nor contingent upon the development a reporting of a predetermined value or direction in value that favors the cause of Ne diem, the amoura of the value opinion, the attainment of a stipdated rew0. or the occurrence of a subsequera event directly related to the intended use d his appraisal. 7. The appraiser's analyses, opinions, and conclusions was devHOped, and d7is report has been prepared, in conformity with the Urtifarm Standards tit Professmnal Appraisal Practice. 8. Unless otherwise noted, the appraiser has made a personal inspedion of the property that is the subject of this report 9. Unless noted below, no one provided significam real property appraisal assistance to the appraiser signing this certification. Siglifa:am real property appraisal assistance pravitled by: Atldi[ional Certifications: Definition of Value: ®Marke[ Value ^ 0[her Value: Source df Definition: The Appraisal Institute The most probable price, as of a specified date, in cash, or in terms equivalent to cash, or in other precisely revealed terms, for which the specified property rights should sell after reasonable exposure in a competitive market under all conditions requisite to fair sale, with the buyer and seller each acting prudently, knowledgeably, and for self interest, and assuming that neither is under undue duress. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from sealer to buyer under conditions whereby: 1. Buyer and seller are typically motivated; 2. Both parties are well informed or well advised and acting in what they consider their own best interest; 3. A reasonable time is allowed far exposure in the open market; 4. Payment is made in terms of cash in U. S. Dollars or in terms of financial arrangements comparable thereto; and 5. The price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions granted by anyone associated with the sale. ADDRESS Of THE PROPERTY APPRAISED: 128 Bluegrass Road Saxton. PA 16678 EFFECTIVE GATE OF THE APPRAISAL: 06/17/2011 APPRAISED VALUE OF THE SUBJECT PROPERTY S 105,000 APPRAISER / / Signature: ~~r~r~.~`~-.~.r~ Name: Micah Rothrauff SUPERVISORY APPRAISER '- Signature: Name: State Cerd~wtion ~ GA001859 Stale Cer6~cadan r a license I a License e a Other (describe): State a: State: State: PA Ezpiraddn Oate of Cemficatlan ar License: Expiration oate of Certification a license: 0613 0/2 01 3 Date of Signature: Date of Signature and Report: 06129/2011 Date of Property Viewing: Date ar Property Viewing: Degree al property viewing: Degree of property viewing: ^ Interior and Ez[erior ^ Exteda Onty ^ Oid not personally view ®Imedor and Exterior ^ Eztena Only ^ Die nru pasanady view ~ ~~ ProOutel ussg Rrn'suawYe. 10a.7711777ww.auwe.wn iM lmaCnprfgit=7aM~707a 1il0iasmd~50 C:ras Sarvrtn ~n[..NRgn Rnreo Page / d • IgP7tN'") Genaal Pwpole ApyaiSai Reom7 (15Ra1 .,P1Rt 005717010 ~ .. ~ ,,~ ,.,,,,. Four Seasons Appraisal Services, LLC ADDENDUM Client: Hershey Tn,sl Comoanv =xecitor File NO 2011 188 Party Atldress: 128 9lueorass Road Case No Crty. Saxton State: PA Zip: 166'8 Neighborhood Description The Subject is located within a predominantly residential neighborhood located just outside the Borough of Saxton within Liberty Township, Bedford County, PA. The neighborhood is comprised primarily of older two story dwellings mixed with same semi-modern one story dwellings and some commercial uses. The neighborhood's commercial usages are located primarily on Route 913 and do not appear to adversely affect the Subject's marketability. Also, the neighborhood is within close proximity of the amenities and facilities of Saxton. Neighborhood Market Conditions Market activity was relatively slow through the summer and early fall of 2010 because of the current recession, high unemployment and uncertainty in the =conomy. Mortgage interest rates were at or near historic lows and were very attractive for mortgage financing throu~ 2010, however, the economy more than offsets that attractive rates leaving very sporadic sales varying in location and price range. Also, mortgage interest rates increased during December of 2010 and, combined with the usually slow winter season, should keep sales activity fairly slow during the winter with no significant increase in activity forecasted. Lastly, since the central PA area did not see an significantappreciation in housing values, there has not been significant depreciation in most market values in the area and many markets have remained stable or fluctuated slightly for the past 1 to 2 years. Comments on Sales Comparison Due to the lack of comparable sales data in the subject's neighborhood or surrounding neighborhood, the Appraiser slowly expanded his search for comparable sales in nearby (relatively speaking given SaMon's very rural location) rural neighborhoods in southwestern Huntingdon County and Bedford County. Sale 1 was used for its location in southwestern Huntingdon County since the subject is Gase to the Bedford CountylHuntingdon County border. The appraiser the used similar sales from western Bedford County and were used for their similar style, lot size and rural location though they were remodeled and superior in condition. Sale 4 was located in southeastern Bedford County and was also used for its rural location though it was inferior in condition when compared to the subject. Sale 5 was used as a guide to value and its relatively close proximity though it only has 2 bedrooms and was much smaller than the subject. The sale would probably represent the subject's lower range of value. Conversely, Sales 2 8 3 may be in a slightly more desired location and school district so they would probably represent the subject's upper limit of value. Lastly, the above sales were utilized because of their similar location, style, condition, room count, living area and overall utility and appeared to be some of the most similar sales to the Subject to have sold in the last year within Bedford County and southwestern Huntingdon County areas with the most emphasis placed on Sales 1, 3, 4 & 5. ~.~ ~ ,. SUBJECT'-ROPFi'2TV vunTn ennrn, ~.i ir,~ ,bent: Hershey Trust Company Executor v , v' ,yv"~ _ ,vl file NO.: 2011-188 'rppertY Address: 128 alueyrass Road Case No .iN. Saxton State PA Zip 16678 FRONT VIEW OF SUBJECT PROPERTY Appraised Date: June 17, 2011 Appraised Value: E 1 p5,ooo REAR VIEW OF SUBJECT PROPERTY STREET SCENE COMPARABLE PRCPER?Y PHOTOADDENDUM Client Hershey Trust Comoanv Executor File NO 201'-188 Property Addre55:128 Bluegrass Road Case NO Ci :Saxton State: PA Zi :13679 -:'"'x~ ;.n - ^ >* r ~ _. M F ,yif ~~ ~ ',''~' iU ~_ b N F~fi' a l_r -~ 1 y ~~ ~; ~ rr ~. ~ .~. L=7.e f ~r~~~ -~n ' f COMPARABLE SALE ;t1 18198 Beavertown Road Tadd, PA 16685 Sale Date: os/os/2010 Sale Price: b 95,900 rw `" -`~' -=-~ ~! ,,:- = ~~ `~ ,. ~ a ~' 4 ~ ,a COMPARABLE SALE#2 3724 Cortland Road New Paris, PA 15554 Sale Date: 03/04/2011 Sale Price: S 125,000 COMPARABLESALE#3 767 Dunkard Hallow Road Alum Bank, PA 15521 Sale Date: 1212312010 Sale Price: b 129,000 CCMPARABLE PROPERTY PHOTO ADDENDUhI COMPARABLE SALE#4 1388 Frame Church Everett, PA 15537 Sale Date: oarollzoll Sale Price: S 105,000 COMPARABLE SALE#5 431 Brallier Station Road Everett, PA 15537 Sale Dale: 04/1 812 0 1 1 Sale Price: E 90,000 COMPARABLE SALE#6 Sale Date: Sale Price: S ~LOORPLAN 1- - u !cara I 16.0' 0 ,~ o 9.0' 7.a ° N o 0 Q f N N ~ te.a 1e.o• aa4AaM' Comments: AREA CALCULATIONS SUMMARY ~ Cone pe~~e - " N LIVING AREA BREAKDOWN 68111 al Siza Firai Floor 672 0 Net Tobb ~eahdov~ - SuEtobta GLA2 . Second Floor 432.0 672.0 432 0 First Floor . 19.0 x 24.0 15.0 x 16 0 632.0 . Second Floor 240.0 19.0 x 24.0 432.0 Net LIVABLE Area (Rounded) 1104 3 Items (Rounded) 1104 310 Penn Street, Suite 106 Hc,lidaysburg, PA 16648 Ph: 814.695-b161 Fax:t-866-807-5662 I LOCATION MAP w.v -.C1a ton Ncc;hern r;.hesr I rrr - +' ;E;.~wc.r yiytora Swon `=rnrs I d•q embn34 !'tAe]^.C~S ~.~no5::sossroad ~"l,~.. :_ a 0 1a8-WYl a 1' •F,u,,a~y. r!a m~nr =.,]q:rrningnam ~ JJrx~en TV ,___ Nap u3 _ Y f3nkCHi'. iW. _ o iotcn + Marstelter 149-,- pPnctan; roe -uac .'ostur I '*. Col¢rom ' -- Rtal:~ _ ppan o ~f ~ ':onxla~ ,VU,t '.P , ~. e~tlC{([(JWI! a ~ LII.ICn=~:ffa~0 S~fJG9'.rEek .UJnor HIl Wits: :amr,1V T,VO ~I ,au~n stnu Ruw;hrcwr ~~~ p .u . - TNP ~erwn t- .- Uasa T~:n : ~ rtilnr,. ~P ~~5 9.Irtae rt Ix Tv; Pa f".arron.,wn Cysm~ } ~1Yd ata Petersburg a Cxwsu :hest gpnae + 36 Ashr ifJe Mamar ~,rp~ Pmencrt 7yrcxw T'NP ~,~ o ;. .. a :-.: ~. Orelc.aPNP a,~nn GGhBr, _ -1 - East,~loooa .1] Aexarr'ra ]t9: ~ ~ aGa trsT4VP- ~~ '~ • Rieman JurtrUCn .. AIINjiieny TPJP Jun ata +ElLuna r>' . 9etsara ~ E'a~a NUwC~y ,;~ : Etra PurnJCa i Cola Spnny 3hart ~ ~ Or.sr1>,e Laral'a AUt.,her Moons .. ~ - •. ""°~~ < +Sybeiron f ~' P E' N N 3 ^•'( L V A N P~nal9ton~4`"'s'..y._ °tayar, N ~w,~~r~'i ~ ti,atlit..ln rurra[e o,Y - ;'' rutucess r rfi,en: T' ? Hiu:tirgdr:r ,d21e ~+~~~-. Sgrnds tM.arran lie!ghG.u rnrel. .. ~.'?.Arcer ~m ~.. u~anry Go. E~ersbu a Sa k rsnn~ rJnan ~ aYnliarrstwrg a 61 nd s _:~ LuikAt r -' ~ ~ '~'~_~ JJ ~ Ihxvna,. J ~ vak rloP .' .w•-Li t.'~ke cell ----q,Hrar, ` - '{L~ es~on ~ _ ~~ ~ _ _, ~rnrks cwr ~._,~ '.ratsei T vP _ ~~~1 Free . ~ p ray CunCarsviile ~ =`_ Lv'•,r N!sswrn l55 . ~ Cassandra HolGda/sbu•rg ,.~. -'~rw r Jm.es'.cwn ~' Prr rd "~. N' Jpr•nrro.rn ~ ~ ~Penr. fWP Mac}ean i :.. Pelnt _ Warkkshun} .. Curtax ~I P~~, Pr-ragz '-rnntrur roL~nm9rsvJW H~.aten ;tiIP ° ria Urn. ' t lint - . - ~ .. sumnJrr I n,'P Ea t rreer!cxn ~' Comparable Sale 1 354Conemaugh~ .-. ._ ~ ~.Raanrg ~ uu~c,r~~a:. s,:rng 13198 Beavertown R.d town Crusk,o ..curet.: ~ Ern Todd, Po, 16035-8810 ' 9erav~Ca!e , vwnr ?" 9.33 miles ENE) a Grove t~ _+~ P raYl~~r, Subject ( :,ersrovrn ~..omparable Sala 3 ; Hystw 128 Bluegrass Road Y~=~' rf , 767 Dunkard Hollow Rd ~ ,~ Saxt4~n, PA 166?8 ~,~ • :+ a}mcra Alurm Bank PA 15521-7714 txd , C+I ~..~- , ',P MimngJ T`NP ~ tiJ "~ ru` ~ dfrrd (22.90 miles W) Batxnnnlc TIiP ~ ; ~ rdghlsr to ~' h!.~,a Rc'.i `Q ~ '..!er,~ Yror!tx;ry ':'e/Jdabwr. Sax - Sadao I Y _ +C7G;v ~~ Woydnt~ k n? TSY" ~~ 4uC~Y...-.... 9raad Tyr„ C tf + ' o , ~t ~ h'P n a - Three Borings , ,~ V:cl~ t. bony T~/ P >ti!arvsvr b .. R tbersdale ~4.' S• , . A3t m Sark .~ Lar:lyaWarlaa ^ , h '- .Gild Shad. . _~ tia t t C arc NfP ii - ;,;,aK]ale - garaa ~>Gr'ng(Iui ` o turace Ceurn~ ~. .~ :. Comparable Sale 5 - 'voaf ;'ASP e r'2ayno,C..C~ile 6F.~dnrN~ - 7 ersvnte Ral!i 431 Brallier Station. Rd Ncnr lie a<Ia~ D.hUn Yli%s ~ taCdunsvWte EJ r u calr *'NP' Everett, PA 15537-4738 e~• ) End ±~ er'!5a1 CRYa a any New Pars ~ (10.82 miles SS+N _ 77 xia T'Np ~~~-~a pmt - v'trlfs ianrerl ~ ~aroy ~ ;,>~ RIJ ' NaP-ar `vVP SUCY9rAWrY c Y'.anl U rayVr .4P Fart LI~el9n :aer. ~F'dir!N Comparable Sale 2 Hsturg ' ~ r ' rawsrns, ~~'-`` r New Paris,~nd Rd bNaG+er ti~ $,-;tia Sl,rMy T',vP ~_+~ `"_Hi~entrv~ 3724 Corti ~ k HPdtard ' PA 15554-7633 /~ ~e ..t'~,r n E ,,,,,t ~Cld !.tu ~ u. Houw h Ilot~ t' ¢ M H n00~'nll~ (22.97 mIIQS WSW) ~danr ~ BrEw~ywua: Sauva• ~ ° '~,, Har crvrlle i New ~Itirnpre..- COmpardbla Sale4 rr<:~7 nhem,tlo ~ ~°"'_ k,ryirrwFT'rrP '• Cow ~~,w H.x-~a, ^ 1388 Frame Church Rd ~, + 4 I Jowruy vest Erla ~, •stal ~~ ` _ it Everett, P.4 1553?-7804 '-was ~-scnr3 i , 123.34 miles SSW) °~~ , ant r ; _ / r L1cCarn~ilsbarr ~~, ,n, 18nY AP o pg'~n'~Ra ~ iP ~ Mdttiu - - ~olelra•n TNP+ °' ~ °l.}eafviila-°: ~ 'Pleasant 4tr. yro _ o- ''-scarcra G. - °•_ ~ Rairshurg i t6 o Pt - Gravv+P'r ~~ Abn'u»T',1'P - Rncnsuw,ua t"10~ ~~~anrGap' Fairha"e aT~nnt:e Fitira F'xv3 ~3+g ~"P + ': P»..i Ile ~ ~ ~ R ~drrlla. tieedmere Tamer a Marcan u J 4;,h.COno.°,.. aur'~~ue TNP C~.rha' ant ~ - - -.. ~ M19ert -.°~ !a'wp T'h'P Bcr..um Coen ova![ ° ;harm -,oFO~Y Hyr CrraR y. _.. .- ~.?,clhWl 'P _ ~'N~ran i4YP StM ~-' ~ 'Sn,+.IhamG<,r. NlF ~ P w:. Xm t~al~ V °fMrno;un TWP J ': 220 ~ hrzmas ~ ~ M1b~nu-ue>ary'^NP .rt ., y - ' ° _d~or Hass ?u Ja''a7 t Oi,S~aya M1,tor~lram ~C(a 6 Ie aSarlt Uraun .~~ ~ T He~r,It ~.t:,r'n T'e:P' ' _ C, ~;u ?1 Its- - ~inglue~^nlh o Onrrs,.ns L"iu }; a,~esd~Je~. ' - ~• ~ YYa rfcrdsGUr7 : C*~~ t erg i R rimes rF E;lerslie I H~ t... _. ... _ ., t ... "Ory F~,utl a^,e . 0 cxJr AT> ~Flu+tstore PlrwY Cv/ ,..~`nArwJ 3 . ...:. , ,~. ,. Y~xnur.; bUllmr = Pr r NanCOCt. - r~ an ~~ ~~ga~~uy'o}a Edra ts. w e rek Eckrari ~, SV,~Ue !III ='. ° ~ _.. Jurc'Jan. M A R Y {L ~A f~rN D ".. ?irxHHa^. ~, ght _ , -'-~ r J 9 Cumberta~u ~ R sh ~%.- J `~ Slr J,nns Run3 Bi Po^.A _ °riear 5 .,r' Tr,~g t:wn ~ Pu^rokn _ _Llit!a Pve a 9erksley c M.cry'~~ats ~,~ ~p/ ~. • :.. h5P Rd~?ley CanJUr r'riaars -,.a _' S^rrgs _~y ii~~ N.~~lrrurr s ~ ~ "~ V HcAh.;n=~" :4dySprlrq- -.. -, .. .'t. $Ufitlnl4 ~1' ~ ~ ~a6vlllr Cnxk ~ I Great Caca ~Cn :~ '~, ~nfile~i~Far , Grrstn RiCyo r Neu' Hvpa ~.. - ._ ,~_.. ~:?1gr•h 6rarc'I ~ ,~:rn .;u ly GJ~r!}.~4xwr - GdO Hawn r ~ , 4nnN ~ cssrcaca ,tra -- ~-'tcrscrt crazes !'g^o la ~ - HRdgBS+lhrs R3rihr e~ n r' t t ~'. J a. r,, ~ '~ Idcv?" ,, ,i~- _. .. ,ul.J 1 _ - ~irssi~ro~~~•I Jax Grear SPn:9 i~wn ;a¢k?. :... ,_, _ 'Marv cau 22 miles ~ ~It oo _ `,,evels ~ •• Lar wu+ r t Fart Ashley; Oc:na!cso'te - g N E rJkutok0 N®als Art,. _ _ ~. ., 310 Penn Street, Suite 106 Hollidaysburg, PA 16648 Ph: 814-695-5161 Fax:1-666-807-5662 Z ~ T UI~ . J E W S L E R S Trusc Your Special Moments To Mountz. April 14, 2011 Hershey Trust,~ompany One West Chocplate Avenue, Suite'200 Hershey, PA 1'x.033 ~ • Dear Hershey'Irrust Company, At.your requesq I examined the jewelry you submitted for valuation and have provided an opinion of the Fair Market Vahue for the estate of Robert H. Long Jr. on March 7, 2011. .This report is valid only in its entirety and the final figure excludes any applicable taxes. You may wish to take this into e~nsideration when using the report. The value conclusions are subject to limiting conditions that are set foilth in the body of the report: TQ the best of my knowledge and experience, I estimate the jewelry has a total Fair Market ~/alue of 569,726.00. This report wa$, prepared in, accordance with the Uniform Sfaridazds of Professional Appraisal Practice', (USPAP): . If I can be of ahy further assistance,.please call. Sincerely; ~ _. _ Cherie Lynn Cjrove ~ • 1 Certif ed Gemblogist Appraiser, AGS .. ' , Enclosures 3780 Trindlle Road • Camp Hill, PA 17011 • 71'x.763.1199 • (~ 717.763.8953 • mountzjeweiers.com . Page 1 of IS - A M E A IM®N 6 8 M SOCf ETY~ ~~ Table of Contents • .Letter of Transmittal , • Table of Contents • Purpose • I'ntended Usb . • Definition olf Fair Market Value ' • Approach td Value ~ . '• • Market • ~ Limiting Cgnditions • Subscriptions Retained for Value Consulting Metal Markets . Certificatio~h • List of Labgratory Instruments • Item Descriptions •. Biographic~lInformation This report is v lid only in its entirety arld for its stated purpose and intended use and was prepared in accordance wit the Uniform Standards of Professional Appraisal Practice (USPAP):' Statements. and. Limiting Conditions ~ . Purpose The purpose of ,this report is to describe and document the quality of the. jewelry listed and to estimate it's Fair Market Value: ~ ' Intended Use Valuation Date: 3/07/2011 Def nition of I~'air Market Value ~ . _ ~ . . The fair marke value is the price at-which theproperty would chatige hands between a willing buyer and willing seller, ~ieither being under any compulsion to buy or sell and both having reasonable laiowledge of : ~ . ' ~ relevant facts. ,The fair market value of a particular item of property.:. is not to be determined by a forced sale price. Nod is the fair market value of an item of property to be determined by the sale price of the item in a market other than that in which such item is most commonly sold to the public., taking into account location of the litem wherever appropriate. Taken from Treasury Regulation 20.20:11-1 (b) . Approach to value There are thre$ traditional approaches to value that are as follows: Income approach: Applies to income producing properties and is used only if an income situation or rental property can ble identified. Market Data a~proach: Compares the qualities of the subject item to an article with similar or identical qualities, and researches and records current verifiable sales of such merchandise. Cost approaci~: Establishes the total value of an item by considering the value of its component parts (precious met~l content, gemstone weights and qualities, labor, and any Qther fees;) together with the . appropriate re~?il, markup according to the norms of the jewelers in the locale, supply and demand, and the .current state df the marketplace. Page 2 of 15 Fair Market Valiae is estimated using the market data approach. Neither the income approach nor the. cost. , approach apply in establishing Fair Market Value. However, the cost approach to value was used to check on the reasonableness or market values found. Market To value an item a market (and. market Level) must be recognized. The most appropriate market for jewelry can vary dependling upon the article's age, condition, quality, intrinsic content, aesthetic appeal, provenance, current fashion trends, artistic interpretation, period of manufacture among, others. The type of retail outlet that most commonly carries. the items being appraised is considered to be the most appropriate mar~Cet. However, the auction market was also considered as another appropriate market in establishing Fail' market Value for this type of jewelry. Limiting Conditions The jewelry described within has been analyzed :and graded in accordance with prescribed grading .standards using)"state of the art" methods and precision laboratory equipment. Jewelry constrWcted solely of, or in combination with, precious metals (i.e. platinum, palladium, yellow or white gold and/;or silver) is tested; analyzed and described-for its type and content of such metal.. Unless . - ~ otherwise states, all gemstone weights, grades and measurements are approximate and, stones have not been removed from their mountings. ~ ~ ~ ~ . Diamonds are ~raded with the prescribed grading nomenclature of the Gemological Institute of America (GIA) and the lase ofpre-graded permanent master diamond color comparison stones.. 'Colored stones'~are color graded. according to the GIA color grading system. Unless otherwise stated, all ~. colored stones fisted on this appraisal report.have probably been subjected to various treatments to improve their appearande. Treatments are considered usual and customary practices when properly disclosed and when done witnout intent to defraud the consumer. The treatments are mostly stable and do not require special care. Vllhen-a treatment is detected and considered unusual. it will be so noted by this appraiser, Some treatments are reversible and re-treatable. It may be beyond the scope'o'f an appraisal to determine exact treatmen methods or the amount of treatment present. Some treatments require sophisticated . equipment not'~,found in a standard gemological laboratory. Prevailing market values are based on t}iese universally. pralcticed and accepted processes by the gems and jewelry trade. Sources are assumed. to lie reliable and the appraiser does not assume responsibilit)+ for their information. The appraiser tissumes the ownership of the subject property is true as stated by the client. The fees paid for this appraisal do not include the services of the appraiser for any other matter. In particulaz, fee paid to date do not include any of the appraiser's time or services in connection with any statement, testimony or other matters before an insurance company, its agents, employees or any court or other body in connection with the property herein described. If the appraiser is required to testify or to make any statements to a third party concerning the described property and/or appraisal, the applicant shall pay the appraiser for all of such time and services so rendered. This document is limited to its stated intended use and is invalfd if all items listed in the Table of Contents are not present. Unless expressly stated, the items appraised are in good condition. Any serious deficiencies and repairs are .noted. Ordinary wear and tear is not noted. The information in this report is confidential. Page 3 of 15 This appraisal prgcess does not discover liens, encumbrances, or fractional interests but, if known, they are noted: ~ • The limited owner of this appraisal is the party for whom the work was performed. Possession of this report does not provide title to the items appraised. Possession of thi$ report, any portion of this report, or any copy thereof, does not include the right of publication without the appraiser's .written consent. Use of the inforrrtation contained in the appraisal is invalid if all items listed in the Table of Contents are not present. Each item descried in this report has been photographed and file copies of the photograph(s) as well as a copy of the repotf t are maintained. in the appraiser's files for at least five~years after the report date. Tliird parties ma' rely on the information in this report~for the.defined purpose. and uitended use oply. ' Third parties req~iiring further information than what is in the report must obtain the`written Permission of .. the owner of the ~ appraisal before the appraiser will discus the report: No changes magi be made to this report by anyone other than the appraiser.. The appr. aiser cannot b'e' responsible for ~tnauthorized.alterations. The professional relationship between the appraiser and the client ends with the delivery of this report. . Subscriptions etained for Value Consulting ~ ~ . • Drucker, Richa -The uide.' NorthbrQOk, IL Rapaport; Mart = Rapaport Diamond Report, New York; NY Metal Market 3/7/2011 ~ . Gold $1,431.30. .. , Silver ". $35.87 Platinum ~ $.1726.00 ~, _ List of Laborat ry Instruments • Binocular micrp~scope Leveridge gauge Electronic scab ~ ~ .Thermal conductivity diamond tester . Touchstone an acids ~ Ultraviolet light unit Spectrascope Proportionscope . Polariscope Dichroscope Refractometer Chelsea color.filter Heavy liquids - ' Diamond light land graded master comparison diamonds Page 4 of 15 _ _ __ 4 Certification ' • I hereby certifythat, to the best of my lasowledge -and belief: • • The statements of fact contained in this report are true and correct. • ~ 'The reported analyses, opinions, and conclusions are limited only by. the reported assumptions and limiting conditions, arpd aze my unbiased professional analysis, opinions, and conclusions.. • I have no present or prospective interest in the property that is the subject of this report and I have no personal • interest or bids with respect to the parties involved.. My. compensation is not contingent upon the development or'reporting of a predetermined value or direction in value than favors the cause of my client, the amount of the value estimate, `the- attainment of a stipulated result, or the occurrence of a subsequent event. • I have made ~ personal inspection of the property that is the subject of this report. No one provided significant professional assistance to the person signing this report. . ~ My analyse ', opinions,' and conclusions were developed, and this-report has been prepared, in conformity with the Um~orm Standards of Professional ARpraisal Practice.' ' ~ ~ , Cherie nn ' Certified Gemo~ogist Appraiser, AGS 4!14/2011 Page 5 of 15 Prepared For: Hershey.Trust Company Date: 4/14/2011. One West Chocolate Avenue, Suite 200 Hershey, PA 17033 Item 1 Loose Diamond's One loose 2.06ctj round brilliant. cut diamond with the following characteristics: .' Note: The. diam nd is accompanied with a European Gemological Certificate. ~ In my opinion the diamond matches the cert ficate in carat weight and measurements; however, I disagree with the color and clarity. The color state n the certificate •is G;,I believe the color is J. The clarity stated is SI1.; I believe the; clarity is SI2. Diamond Grad~ng Report Shape and Cut: Raund~brilliant Measurements; 8.14 x 8.08 x 5.06 mm (approximate) . . _ Weight: 2.06 Cts. (actuai) . I)epth:l. 62.39% . •Girdle:~ Slightly thick, faceted ' Culet: None Finish - ' Polish•!~ 'Excellent ' ~ Symmetry: Excellent ~ - . . Clarity: , ~ SI-1 , .. Color: G ~ - ' Fluorescence: None (Iw) ~ • Comment: EGL2829474238 ~ ' - Total Approximate .Value Excluding Tax $8,270,.00 Item 2 ~ ~ . - ' Loose Diamo .. ~ ~ , ~ . One loose. 2.01, t round. brilliant cut diamond with the following characteristics: Note:. The dia~ond is accompanied with a European Gemological Certificate. In my opinionthe diamond matches the ce~Uficate in carat weight and measurements; however; I disagree with the color 2nd clarity. The color state) on the certificate is G; I believe the color is J. The clarity stated is SI1; I believe the clarity is SI2: .. . Diamond Gra, ing Report Shape an Cut: Round brilliant Measure ents: 8:14 x 8.11 x 4.94 mm (approximate) • Weight:. ', 2.01 Cts. (actual) . Dep ~ 60.80% Girdl~: ' Medium, faceted . Culet: None Finish Polis : Excellent 3ym~ietry: Excellent Clarity: ~ SI-1 ~ -. Color: G . Fluo>Cescence: None (lw) Comments: EGL3001118317 • Total Approximate Value Excluding Tax $8,070.00 Page 6 of 15 .. Item 3 ,' Loose Diamond One loose LSlct round brilliant cut diamond with the following characteristics: Note: The diamjond is accompanied with a European Gemological Certificate. In my opinion the diamond matches the ce tficate. in carat weight and measurements; however, I disagree with the color. The color state on the certificate is G; I believe the color is I. ~ - Diamond Gra ing Report Shape and Cut: ~ Round brilliant . Measurem nts: 7.27 x 7.19 x 4.49 mm (approximate) Weight: ', 1.51 Cts. (actual) , ~ " Depth:', 62.10% ' Girdle. Medium to thick, faceted Culet: Very small - Finish Polis - ~ Excellerit h Symm try: Very Good Clarity: SI-I ' Color: H Fluorq'scence: None (Iw) ' Comment: EGL US8970b201D • Total Approximate Value Excluding~Tax ' : $5,978.00 ~ - Item 4 Loose Diamo d ~ , . .. . One loose LS4~ct round brilliant cut diamond with.the following characteristics: Note: The dia and is accompanied with a European. Gemological Certificate.. In. my opinion the diamond matches the ce ificate in carat weight; however; I disagree with the measurements, color; and clarity. The• ` ' - measurements stated on the certificate are 7.57 x 7.43min; I believe, the diamond measures 7.47 k 7.43mm. The color stat~~on the certii'icate~is G I believe the color is J. The clarity stated is SII; Ibelieve the clarity . . ' ~ is SI2. Diamond Gr ding Report ~ Shape and Cut:. . ~ Round brilliant .• Measurements:. 7.57 x 7.43 x 4.55 mm (approximate) Weight: '~, Y:54 Cts. (actual) , Dep ~ 60.67% 'Gird e: Thick, faceted Cule : ~ None Finish Polis~: Excellent ' Symmetry: Excellent ' Clarity: ' SI-1 Color: ^, ~ G . . Fluo escence: None (lw) • Comme~ ts: _ EGL7700397639 . - Total Approximate Value Excluding Tax $4,489.00 Page 7 of I S i. ~ - Item 5 " Loose Diamond One Ioose .92ct round brilliant cut diamond with-the following-characteristics; Note: The diamond is accompanied with a European Gemological: Certificate. In my opinionahe diamond icate in carat weight and measurements; however, I disagree with the color and clarity. matches the certi f " The color state o the certificate is G; I believe the color is J. The clarity stated is SI1; I believe the clarity is SI2. ', Diamond Gradi g Report . Shape and ut: Round brilliant Measurem nts: 6.21 x 6.15'x 3.87 mm (approximate) Weight: 0.92 Cts. (actual) Depth:.' 62.62% Girdle: ~ ~ - ~ Slightly thick Culet: None ' Finish f Polish:.li Very Good - Symmetry: Very. Good- Clarity: SI-1 ' ~ Color: G ~ ... Fluorescence: None (lvr) Commentsk EGL2822220826 " Total Approximate Value Excluding Tax: ~ $1,821.0.0 ~ . Item 6 ,', ~ ~ ~ • Loose Diamon d . ~' One loose .91 ctj round brilliant cut diamond with the following characteristics: Note: The di and is accompanied with a European Gemological Certificate. In my'opiniori-the diamond ' ~ ~ matches the ce 'f cote in carat weight and measurements; however, I disagree with the color and clarity. The color state • n the certificate is ):I; I~believe the color is K. The clarity stated is SIT; I believe the clarity ~ - is SI2. Diamond Gra ing Report " - Shape an Cut: Round brilliant ' Measure ents: ~ . 6.15 x 6.11 x 3.86 mm.(approximate) • Weight: ~ 0.91 Cts. (actual) . • Depth: •62.97% . Girdle: Medium, faceted Culet~ None Finish PoIis : ~ • Very Good ~ ' . Symr~ietry:' Very Good Clarity: ',. SI-1 . Color: H . Fluor scenee: None (Iw) Commen~s: EGL2822220422 '. 1 319 00 Page 8 of 15 Total Approxumate Value Excluding Tax $ , Item 7 . Ring 000 One lady's platinum diamond engagement ring. In the center is one approximately 2.23ct round brilliant cut diamond set d+ith four double splitprongs. The cathedral shoulders each have six approximately .Olct roundbrilliant cut diamonds bead set with a milgrain edge. The ring measures 8.61mm wide at the top,. 2.59mm wide ate shoulders, and 2.60mm wide at the base of the ring. The ring measures finger size 7.75, weighs 4.8 wt, anal is stamped "PT". Note: The diam nd is accompanied with a European Gemvlogical Certificate: In my. opinion the diamond matches the certi icate in carat weight and measurements; however, I disagree with the color and. clarity. The color state o the certificate is G; I believe the color is J. The clarity stated is SIl; I believe the clarity isSI2. _ . Diamond Gradi g Report Shape and ut: Round brilliant Measurem nts: ~ 8.41 x 8.34 x 5.19 mm (approximate) Weight:' 2.23 Cts. (actual) ' Depth: `. 61.93% Girdle: ', Medium Culet: None Finish ' Polish: '' Excellent ' Symmq~try:: ~ Excellent. Clarity: " . SI-2 Color: ~ . Fluore cence: None (lw) Comments ~ EGL AZ201079 ~ ~ ~ ~ . Total Approximate Value. Excluding Tax .' $5,377.00 Item 8 ' Loose Diamond. One loose 1.OO~t round brilliant cut diamond with the following characteristics: Note: The di and is accompanied with a European Gemological Certificate. In my opinion the diamond matches the ce ificate. in .carat weight, measurements, and. clarity; however; I disagree with the color. The color state on t e certificate is H; I believe the color is'K. Dia>rtiond Gra ing Report '. Shape an Cut: = ~ Round brilliant Measure. ents:. ~ 6:37 x 6.35 x 3.89 mm (approximate) Weight: ', 1.00 Cts. (actual) Dept. 61.16% Girdl : Thin to Medium, polished Culet;i ~ None ' Finish Polisl#: ~ Very Good Symrr~etry: Very Good . Clarity:.', 'SI-1 Color: ' H Fluor scence: None (lw) Commen~s: l;GL2961085738 Total Approximate Value Excluding Tax $2,200.00 Page 9 of 15 - - '. Ttem 9 _ _ ___ . . Loose Diamond One loose l .00ct round brilliant cut diamond with the following characteristics: Note: The diam nd is accompanied with. a Eutopean Gemological Certificate. In my opinion the diamond certi icate in carat matches the . weight. and measurements; however, I disagree with the color and clarity. , The color state o the. certificate is H; I believe the color is K. The clarity stated is Sla; I believe the clarity . • is SI2. Diamond Grad ng Report. Shape and ut: Round brilliant Measurem nts: ~ 6.32 x 6.22 x 4.02 mm {approximate) Weight: ~ 1.00 Cts. (actual) . Depth: . _ 64.11% .. .Girdle:!, Slightly thick; faceted Culet:. I~ ~ • None ...Finish Polish:.. . ~ Good ' - o Symm~~,, d Very Go Clarity: SI=1 Color:. , - . g . Fluorescence: .~ None (]w).. .Comments: _ ~ EGL2927055737 - Total Approximate Value Excluding Tax_ ~ $2,000.Ob . • , .. Item 10 •. Loose Dia'mon ~ .. ~ . . One loose 1.50 ~t round brillianf cut diamond with the following characteristics:' Note: The dia, and is accompanied vrith a European Gemologcal Certificate. In my opinion the diamond ,. ' matches the ce 'ficate in carat weight and measurements; however; I disagree with he color and clarity. • The color state on the certificate is I; I believe the color is K: The clarity stated is SL1; I believe the;clarity ~ is SI2. ~ • : , • Diamond Gra ing Report ; . . Shape an Cut: 'Round brilliant ~, Measure. ~ ents: '736 x 7.30 x 4.52 mrn (approximate) . •Weight: ' . ~ 1:50 Cts. (actual) ; Dep 61.66% .. . Girdl :. Medium to slightly thick, faceted . Cule . None. . Finish , Polis .. Very Good • Sym ~ etry: Very Good ~. . ' Clarity: ~' SI-1 ~ , • Color: ~ ~ I .. Fluo escence: ~ ~ None (lw) ~ ~ ' Commen ts: EGL US6.0496509D .. . _ ~ Total Approximate Value Excluding Tax $3,450.00 Page 10 of 1 ~ ~ ~ • _ _ _ _ Item 11 _ .. . ' Loose Diamond',,. One loose 1.61 ct princess brilliant cut diamond. with the following characteristics: , ' Note: The diamond is accompanied with a European Gemological Certificate. In my opinion the diamond - ' , matches the ce color 'ficate in,carat weight and measurements; however, I disagree with the clarity.. The state on the certi ficate is G; I believe the color is 3. Diamond Grad ing Report ~ • Shape and Cut: Princess Measurem _ nts: 6..74 x.6.51 x 4.76 mm (approximate) Weight: '~~ 1.61 Cts. (actual) Depth:, 73.12% ~ . Girdle Medium to Slightly thick,.polished - • . Culet: '~, None.. . k'inish . ' Polish Very Good . . . Symm etry: ~ Very Good ~ . Clarity: ~ SI-1` • Color: ~ G • Fluor scence: ~ None (lw) Commeri . : ~ EGL7700184532 . ~~ • Total Approximate Value~Excluding Tax `;. $3;300.00 - .. . • Item 12 ' . ~ . Loose Diamo One loose 2A d . , . ': . ~ ~. ~ •. ct princess brilliantcut diamond with the following characteristics: • Note: 'The di and is accompanied with a European, Gemological Certificate. In my opinion the diamond . matches the c rtificate in carat and. measurements; however, I disagree with the color and clarity. • ~ . weight ' The color stat . on the certificate is I; I believe the color is K. ');'he clarity'stated is. VS2; I believe the clarity is SIl: • . Diamond Gr ding Report • • . • Shape a d Cut: n ~ Princess 21 x 6.86 x 5.13 rnm (approximate) ~ 7 Measure ts e . Weight:. - 2.04.Cts. (actual). ' Dep 74.8% • . ~ Gird e: thin to slightly thick,`polished • ~ Very. • Cule : ~ .None. Finish Poli h: Excellent ~ ' Sy metry: Very Good ~ . Clarity:. VS-2 ' Color: I ~ I Flu rescence: None (lw) • Comme~ ts: ~ EGL US88640303D • Total Approximate Value Excluding Tax $5,100.00 Page l I of 1',5 ~ ' - _ __ __ ' ~ .. Item 13 ~ ~ ' Loose Diamond One loose 1.88c~ round brilliant cut diamond with the following characteristics: Note: -The dia 'ond is accompanied with a European Gemological Certificate..In may opinion the diamond matches the ce ificate in carat weight and measurements; however, I. disagree with the color and clarity. ' . The color state n the certificate is I; I believe the color is M: The clarity stated is SIl; I believe the clarity. isIl. ~ .. Diamond Gra ing Report • Shape and Cut: Round brilliant Measure. cots: 7.94 x 7.88 x.4.82;mm (approximate) . Weight: ~ 1.88 Cts: (actual) Depth 60.94%; . . Culet: ~, None _ ' Finish . _ Polish ~ Very Good . Symm etc.y: Very Good _ ~ ~ ~. Clarity: l ~ SI-1 _ Color: I ' Fluor scence: - None (Iw) Cowmen . EGL3002250416 .. . ' . Total Approximate Value Excluding Tax . : $2,444:40 . • em 4 It 1 • . Loose Diamo d '• ~ ; One loose 1.5, et round brilliant cut diamond with the following characteristics: ~ ~ ' . Note:. The di I -and is accompanied-with a European Gemological Certificate. Iii ray opinion the diamond matches-the c rtificate in carat weight acid measurements; however, I disagree with the' color:. The: color state on the ce if Cate is; I believe the color is J. _ Diamond Gr ding Report . ~ • ' Shape a d Cut: Round brilliant ' . • _ - Measure cots: ~ ~ 7:43 x 7.36 x 4.48 mm {approximate} ' Weight: 1:50 Cts.. (actual) . Dep ~ ~ 60.58% ~ ~ _ . ~ Cule None ' Finish. - .. _ Poli h: ~ ~ Excellent . Sym eery; Excellent . . Clarity: ~ VS-2 ' ~ Color: '~ H ' Flu rescence: 'None (lw) ' ' ~ ' Comme~ • i ts: EGL30041.24115 ~ . ' ~ ~ ', . . • Total Approximate Value Excluding Tax ~ $5,527.00 Page 12 of 115 i • ' ~ - -. Item 15 Loose Diamond One loose 1.23ct found brilliant cut diamond with the following.characteristics: • Note; The diamo nd is accompanied with a European. Gemological Certif rate. In my opinion the diamond matches the certi irate in carat weight and measurements; however, I disagree with the color. The color . ~ stated on the cert ificate is i; I be lieve the color is K. , ~' Diamond Gradi g Report .. • - Shape and ~ ut: `. Round brilliant Measureme fs: 6.89 x 6.81 x4,25 min (approximate) Weight: 1.23. Cts. (actual) . - . .Depth: !, 62.04% Culet: li None ; . .. Finish Polish: ~Czocd . :. . ' Symme ~. Y• . ~ - • `Very Good . ~ - Clarify: • ' SIrI Color: ~ .. ' I F1Uores Brice: ~ ' . None (lw)' ~ • . . ~. Comments i EGL2926165940 . .. •. Total Approximate Value Excluding Tax $2,706.00. Item 16 . - Loose Diamon • - Oneloose 1.24 t round brilliant cut diamond with the'following characteristics: Note: The di and is accompanied with a European Gemological Certificate: In ~my opinion the diamond matches the ce ifidate in carat'. weighE and measurements; however;~Tdisagree with-the color and clarity. The color state n the certificate is J; I believe~the color is K. 'Tlie clarity stated is SII;.I believe the clarity is SI2. - , . ~ ~ . Gra Diamond t 0 i Re n' g p • - _ , • .. Shape an Cut: Round brilliant • Measure ents: 6.85 x 6.80 x 4.28 mm (approximate) Weight: 1.24 Cts. (actual), Depth :. .62.71% • • Culet: • . None Finish . _ . Poiis : ~ ~ Very Good . Sym etry: 'Very Good ~. .Clarity: '~, SI-1 Color: ~ I - Fluor scence:. None (lw) Commen 4 ~ gGL3023902726 _ • .Total Approximate Value Excluding Tax $2;480.00 .. Page 13 of 1~ i i III • __ ~ Item 17 . Loose Diamond ' One loose 2.O1 pt found brilliant cut diamond with the following characteristics: . Note: The diamand is accompanied with a European Gemological Certificate. In my opinion the diamond • matches the certi Bate in carat weight and measurements; however; I disagree with the color and clarity. '['he color state o the certificate is H; I believe the. color is J: The clarity stated. is VS2; I believe the. clarity is S12. . , ' Diamond Gradi g Report ' Shape and ut:. )Zound brilliant Measurem ~ ts; 8:.20 x 8.12 x 4.98 mm (approximate) .Weight: 2:.01 Cts. (actual} ~. Depth: ' 61.03% Finish ~ ; .. . ' Polish: ~ .. , Excellent • Symme~ry: Excellent ' ' Clarity: VS-2 , Color: ~ .. I H ~ . Fluore cence: None (lw) .. Comments , EGL3002085523 . ~. Total Approximate Value Excluding Talc $5,195.00 Total Approximate Value for All.Items - Excluding~Tax: $69,726:00.. ' Sixty-nine thousand seven hundred twenty-six dollars and no cents ~ , , '. ~ ~ ~ ' . Signature of A~praiser: Cher ynn•Grove • ' `Certified Gemologist Appraiser,. AGS I • .. . Page 14 of 1 ~ Biographical Background. and Qualifications Appraiser's Name Cherie Lynn Grove, C.G.A., G.G. ROWE'S AUCTION SERVICE 211 N. OLD STONE HOUSE ROAD CARLISLE, PA 17015 717-249-1978 To: Lisa Pier~allini Hershey rust Company 1 West C ocolate Avenue, Suite 200 Hershey, PA 17033 From: William .Rowe, Appraiser Rowe's uction Service 211 N. 0 d Stone House Road Carlisle, A 17015 Re: Personal Property Appraisal Estate o Robert H. Long Jr. 665 St. ohns Drive Mechani burg, PA Date: April 7, 011 FOYER I~ Chinese rug runner $150.00 Oriental, small ! $125.00 i Oriental area rug I $200.00 Stand ~ $20.00 Crock ~ $50.00 Prints ~' $100.00 ~ Mirror ~ $75.00 , Miscellaneous clos et $ Wildlife prints (2) $ 00 00 LIVING ROOM ~, $45.00 Lamps i ' $50.00 ~ Candle stand $25.00 Globe on stand I $150.00 Wing chair $190.00 Queen Anne chair , set 4 & set 2 Gossip bench $200.00 i Card table ' $250.00 Chest of drawers !~ $550.00 Figurines $50.00 Barrel-back chair's $55.00 Room-size rug ', $650.00 Spool stand $150.00 Books ~' $15.00 Sofa ' $200.00 Prints ~ $35.00 Drop-leaf table ' $125.00 ~ Prints $50.00 Nest of stands ' $5.00 $30.00 Cane-seat chairs) {2) $250.00 Candle stand $150.00 Throw rug ! Painting -Spring) Snow $100.00 Long Appraisal 1 04/07/2011 DININ_. G ROAM Dining room set O G Mirror Room-size rug High chair Small stands (2) Prints Occasional chair Indian print Set dishes Silver Linens KITCHEN Table /chairs Wash stand Kitchen cabinet Staoi Chairs (3) Cookware Miscellaneous I OFFICE Rifle -Kentucky - ad Rifle -Springfield 18 Miscellaneous amm Desk Books Wall table 2-drawer server Lamps Prints Painting Rug (as is) File cabinet Posters Miscellaneous offic LAUNDRY Washer /dryer Miscellaneous BASEMENT Oid frames Miscellaneous BEDROOM Chest of drawers -Empire Bed l stand Blanket chest Tall chest - 2 draw rover 3 drawer Empire mirror Chest of drawers - 2 drawer over 4 drawer Small dresser box, $2,500.00 $100.00 $400.00 $50.00 $90.00 $50.00 $100.00 $50.00 $50.00 $100.00 $50.00 $250.00 $100.C0 $200.00 $30.00 $15.00 $50.00 $30.00 $300.00 ~ $950.00 $100.00 $200.00 $250.00 $50.00 $30.00 $20.00 $250.00 $150.00. $50.00 $50.00 $50.00 $25.00 $100.00 $15.00 $15.00 $10.00 $200.00 $215.00 $200.00 $600.00 $200.00 $650.00 $65.00 Long Appraisal ~~~ 2 04!0712011 LOUNGE AREA Cedar chest Tea cart Rug Single bed Household Typewriter 6CURVV~~~' ~ ~v~r Stand Knickknacks Miscellaneous housE Nlirror Bookcase STORAGE Bed /mattress Rugs Sen+er Frames Art supplies Miscellaneous hous CLOSET Linens Household GA GE Ganien tools Freezer Lawn chairs Hand tools Hardware Ladders Household File cabinets Miscellaneous fury PATIO Patio set OUTSIDE Swimming pool fu AUTOMOBILE 2008 Mercedes-B GAME ROOM ' Wing chairs, pair Throw rugs (3) Stands (2) Ash tray stand African coffee tal Copper bucket T.V./stand Lion skull Water buffalo (as is) MB ML 350 37,834 miles Long Appraisal 3 ~II -i $50,00 $50.00 $100.00 $45.00 $25.00 $15.00 $25.00 $15.00 $50,00 $50.00 $15.00 $100.00 $100.00 $60.00 $15.00 $25.00 $50.00 $10.00 $15.00 $20.00 $45.00 $10.00 $35.00 $25.00 $40.00 $30.00 $35.00 $100.00 $350.00 $150.00 ~~. 3,500.00 3 ~ V ° ~ a' $500.00 $200.00 $220.00 $15.00 $150.00 $30.00 $35.00 $35.00 $750.00 04/07!2011 Hartebeest Warthog Waterbuck skull Gemsbok Wildebeest Impala Kudu Moulflon mt. sheep Eland Leopard Steenbok Impala Lion GUNS Officer's Colt Mark I 45 Smith & Wesson 38 ong barren Smith 8 Wesson 45 ong barrel) Mauser3000w/scop (left) Sako 325 wlscope (I ft) Weatherby Mark V /scope (left) Sako bolt 357 (left) ' Montana River Co. olt w/scope (left) Carbine lever-action .22 cal wlscope -unknown maker iGmbfer of Oregon 2 bolt w/scope (left) Rem 760 carbine p mp 30-08 wlscope Single shotgun 10 g -old Eastern Arms sing) 16 ga Winchester Moose 222 pump Marlin Firearms Co. lever-action .22 cal J. Stevens Arms C .single .22 cal Sako 280 Rem bolt /scope (left) Browning Light 12 ump, engraved Martin Firearms 22 cal w/scope -lever micro barrel) Remington Game aster Model 760 30-06 wlscope (left) Remington Long M stet Model 270 20 ga pump w/extra barre11126A Collection of amm 8 supplies $175.00 $250.00 $25.00 $400.00 $250.00 $400.00 $500.00 $250.00 $200.00 $1,000.00 $150.00 $400.00 $1,500.00 $500.00 $400.00 $400.00 $400.00 $550.00 $600.00 $450.00 $450.00 $200.00 $200.00 $350.00 $75.00 $75.00 $250.00 $200.00 $60.00 $450.00 $400.00 $325.00 $400.00 $475.00 $110.00 TOTAL $33,035A8 ~'`~~'-~`' (Q'-1 S3 S . 0 0 William G. Rowe Long Appraisal ~~ 4 04/07/2011 ~ ~,! We Sell Fun 1617 State oad Duncannon, PA 17020 717-957-3838 www.bigbeeboats.com II ri14 2011 Ap , Hershey Trus Company Kelli Grosco t RE: Robert III. Long At your requ~st, we at Big Bee Boats have evaluated the following: 1988 Lowe 2~' Pontoon Boat LWN5542PI788 PA 6970 AR 1993 Mercur 40ELPT0 Mtr OD210409 We find the oat and motor to be structurally sound and in fair to poor condition. The wholesale v lue of the boat and motor is $1,700. Should you have any questions, please feel free to c 11. Sincerely, Linda `candling Office Manager - __ ~NOCOCHEAGUE-TRADE-CO :%21;.'2h11 11;~1 Ea; ; •..7'1~;"Pd'J ~----•-5crial 1 .~ A677G~97 ~~ _.. 11U1~~'X ~.. j U')1 X3$0 ~ 1 Qt107_35';8 _ C-174~Fi~J SU38948 _~ a4$ 744 ARR354t,'S S.i ] 18t)S 8 FAX N0. 717-352-7218 'lack at:d Da~-iso7t Nov. 28 2011 08:26AM P2 alt}6:'%G02 CS,_t'A'TiH: t,3l~ ~tC)BP~R"}' l;£. 1.Otit',i,><1[2. ...~ ...._..... ..Model _.__.. ~ ^.- 1 ~t~rai~rd Value-_-~ att~l6ur i-,. ____ ._.1 ,^~c:~t:rglon. M~~dei', UU, lest F~a3ui, ~~~~ .~ ~ ` .3!3-Ob, w ;th scope __ _ _ _ __._ -~~.~~rc~wl".~11R •LISA!'i. l2 ~a„ UILT ahpt~n;~a ~ ._.._ ~ _ - i Vlvsst~:T~ SOt)A, 12 g,:i. ~ ~_ ~~ ~O© _..__ ~L'i:ichest~r bolt actio:t, :~lixiel 70, ' ~~p ~ ~ u~ 1~Valther, .33U Ai;P. vc~n:-~uta pis~:i _ Q ~ -_~ ..Ltrna, .2, cai., semi-ttt:ta piStr,! .~ ~ _ ~ _ ~~n '~ _ i _.. -~ Ci;o~k )7, ~Inuis, YCltii-itUTO p1i:01 -'~ ~-yb~-•~. _'._._.__._j }~ ,<t!?C13rd, 32 csl.. semi-dt:G~ I ~~~~~ I --.__.....__._...___-1-~"ro_....__..~.-~--- - ~ ..___.~.__~.--.__..__.~_ ~~~ d~O~IEI-GUE ~tw4>~ ctn. ~ Aflack t sup 1i~oad 9~19~ ~ po, 17222 tT17.~S2 7'212 ~~ Mindy Bowers From: Ipiergallini@bmtc.com Sent: Thursday, October 27, 201112:23 PM To: mindybowers5@blackanddavison.com ~c• ~ kgroscost@bmtc.com Subject: Fw: Office furniture belonging to Robert Long Estate Mindy, I sent pictures and a description of the office furniture that we picked up from the law firm. Please see appraisal below. I Thanks, Lisa Lisa L. Piergallini ', Senior Vice President The Bryn Mawr Trust Comp ny Wealth Management Hersh y Division One West Chocolate Aven e, Suite 200 Hershey, PA 17033 ', Phone: (717} 520-5681 '~ Fax: (717)520-5642 ---- Forwarded by Lisa L PiergallinJ~MBC on 10!2712011 12:24 PM ---- From: "Butch and Bill Rowe" <Iiridenhall211Ca2comcast.net> To: <IDieraalliniCalbmtc.com> i Date: 10127!2011 12:21 PM Subject: RE: Office tumiture bet nging to Robert Long Estate Lisa, The values for the items you ~tave listed are as follows: Credenza $65 ', Lateral file $30 3 Bankers chairs $60 ~', Office chair $70 Let me know'if you have any Thanks, Bill From: ll~galliniCa~bmtc.i Sent: Thursday, October To: (indenhall211Calcamc~ Subject: Office furniture her issues. [mailto•~ieraalliniCa~bmtc.com] 2011 3:58 PM to Robert Long Estate Bill, ', Attached are pictures of t e items to be appraised. Please note there is a picture of one chair, but there are two others just like it. If you could phase appraise these items and let me know the value, I would appreciate it. You can send a bill 1 I •" Y ~% - - ~. .. ~. ~.' I!~a T I~\../~~ J E W E L E R S Trust Your Special Moments.To Mountz. . - i Apri125, 2011 I Hershey Trust ompany One West Cho olate Avenue, Suite 200 - Hershey, PA 1 033 ~ - ~ .. Dear Hershey 'rust Company, - . . At your reque I t I examined the jewelry you submitted for valuation and have provided an opinion of the ~.. Fair Market V~lue 'for the estate of Robert H. Long Jr. on March 7, 2011; • This report is I slid only in-its entirety and. the final figure excludes any applicable taxes. You may wish to take this into onsideration when using the report. The value conclusions are subject to limiting conditions • that are set f rtli in the body of the report. ~ To the Best of my. knowledge and experience, I estimate the .jewelry has a otal Fair Market Value of $6,500.00.. - Photographs a inoluded with the original report for your reference..L•suggest that you keep your copy of this report in' safe place. _ - -. This report.w s pxepared in accordance with the Uniform Standards of Professional Appraisal Practice ' (USPAPJ. - Lf 1 can be of ~y further assistance, please. call.. - Sincerely ~~ 7 Ch ynn Grove . Certified Ge ologist Appraiser, AGS Enclosures I • - .. 3780 Trlndle Road • Camp Hill, PA 17011 • 717.763.1199 • (E) 717.763.89.53 • mountzjewelers.com .Page 1 of 7 ~~i . i AMEAIrC®AN OHM ~ ~ ~ ~ ' 9 0 C 1 8 T Y I_ it Table of Contents • Letter of Tr~rtsmittal • Table of Contents . • Purpose • Intended. U e • Definition f Fair Market Value • Approach t Value • Market • Limiting C nditions _ ~ ' • Subscriptio Retained for Value Consulting • Metal. Mar ets • Certificatio • List of Lab ratory Instruments ' • 'Item Descr ptions • Photograp (s) • Biographic 1Information • This report is v hd only in its entirety and for its stated purpose and intended use and was prepared in accordance wit~i the Uniform Standards of Professional Appraisal Practice (USPAP). i I'~, Statements and Limiting Conditions ~~ Purpose ~ . `The purpose o this report, is to describe and document the quality of the jewelry listed and to estimate it's Fair Market V lue. Intended Use I Valuation Dade: 3/07/2011 Definition of air Market Value The fair mark value is the price at which the property. would change hands between a willing buyer and willing seller, either being under any compulsion to buy or sell arid both having reasonabie knowledge of relevant facts. The fair market value of a particular item of property..: is not to be determined liy a forced sale price. No is the fair market value of an item of property to be determined by the sale price of the item in a market o er than that in which such item is most commonly sold to the public; taking into account'. . location of the item wherever appropriate. Taken from Treasury Regulation 20.2031-1 (b) ~ . Approach to slue . There are thre ~ traditional approaches to value that are as follows: Income appro ch: Applies to income producing properties and is used only if an income situation or rental property can a identified. , ,' ~ ~ ~ ' Market Data pproach: Compares the qualities of the subject item to an article with similar or identical qualities, and researches and records current verifiable sales of such merchandise. Cost approac :Establishes the total value of an item by considering the value of i.ts component parts (precious me 1 content, gemstone weights and qualities, lebor, and any other fees) together with the appropriate r tail rtrarkup according to the norms of the jewelers in the locale, supply and demand,-and the . current state fthe.marketplace. Page 2 of 7 Fair Market Vale is estimated using the market data approach. Neither the income approach nor the cost approach apply ijn establishing Fair Market~Value. However, the cost approach to value was used to check on the reasonablbness or market values found. Market To value an ite a market (and market level) must be recognized. The most appropriate market for jewelry can vary depen ing upon the article's age, condition, quality, intrinsic content, aesthetic appeal, • provenance, c ent fashion trends, artistic interpretation, period of manufacture among. others. The type of reta 1 outlet that most commonly carries the items being appraised is,•considered to be the most appropriate mar et. However, the auction market was also considered as another appropriate market in establishing Fa' market Value for this type of jewelry. Limiting Cond tions ~ ' • The jewelry de cribed within has been analyzed and graded in accordance with prescribed grading standards using "state of the art" methods and precision laboratory equipment...: Jewelry cons cted solely of, or in combination with, precious metals (i.e. platinum, palladium, yellow or white gold an r silver) is tested, analyzed and described for its type and content o:f such metal. Unless , otherwise state ,all gemstone weights, grades and measurements are approximate and stones have not been removed from heir mountings. • ~ • Diamonds are raded with the prescribed grading nomenclature of the Gemological Institute of ,America (GIA) and the se ofpre-graded permanent master diamond color comparison stones. , Colored stones are color graded according to the GIA color grading system. Unless otherwise stated, all colored stones isted'on this appraisal report, have probably been subjected to various treatments to improve ' their appeai•an e. Treatments are considered usual and customary practices when properly disclosed and ' when done wit out intent to defraud the consumer. The treatments are mostly stable and do not require special care. en a treatment is detected and considered unusual it will be so noted by this appraiser. Some treatme is are reversible and re-treatable..It may be beyond the scope of an appraisal to determine exact treatmen methods or the amount of treatment present. ~ SOmE treatments require sophisticated. equipment not found in a standard gemological laboratory. Prevailing market values are based on these ' ~ universally pr diced and accepted processes by the gems and jewelry trade. . . Sources are as umed to be.reliable and the appraiser does not assume responsibility for their information. • - . ' The appraiser sumes the ownership of the subject. property is true as stated by the client. The fees paid or this appraisal do• not include the services of the appraiser for any other matter. In particular, fee paid to date do not include any of the appraiser's time or services in connection with any statement, tes imony or other matters before an insurance company, its agents, employees or any court or . . 'other body in onnection with the property herein described. ' If the apprais r is required to testify or to make any statements to a, third party concerning the described property and/ r appraisal, the applicant shall pay the appraiser for all of such time and services so rendered. This docume t is limited to its stated intended use and is invalid if all items listed in the Table of Contents • are not prese t. Unless~expre sly stated, the items appraised are in good condition. Any serious deficiencies and, repairs are noted. Ordin wear and tear is not noted. The infomtat~on in this report is confidential. Page 3 of 7 ', This appraisal plrocess does not discover liens; encumbrances, or fractional- interests but, if known, they are noted. The limited ow#-er of this appraisal is the parry for whom the work was performed. Possession of is report does not provide title to the items appraised. Possession of is report, any portion of this report, or any copy thereof, does not include. the right of . publication wi out the appraiser's written consent. ' Use of the info oration contained in the appraisal is invalid if •aYl items listed in the Table of Contents are . not present. Each item des ibed in this report has been photographed and file copies of the photograph(s) as well as a copy of the re ort are maintained in the appraiser's files for at least five years after the report-date. Third parties ay rely on the information in this report for the defined purpose and. intended use only.. ~ ~: Third parties r quiring further information than~what is in the report must obtain the written permission of the owner oft a appraisal before the appraiser will discus the report. No changes m y be made to this report by anyone other than theappraiser. The appraiser cannot be '. responsible fo unauthorized alterations. ,The professio al relationship between the appraiser and the client ends with the delivery, of this report. . Subscription Retained for Value Consulting Drucker, Ric and -The uide. NorEhbrook, IL Rapaport, M in - Ragaporf Diamond:Report, New York; NY .Metal Mark t 3/07/2011.. Gold $1,431.30 ~ _ ..Silver ~$ 35.87. Platinum $1,726.00 List of Labor tory Instruments ~ ~ ' Binocular mi roscope .. ~ Leveridge gauge - Electronic sc ,le Thermal conductivity diamond tester Touchstone nd acids ~ Ultraviolet light unit Spectrascope . Proportionscope Polariscope Dichroscope • Refractomet r Chelsea color filter Heavy liquid - . Diamond li t and.graded master comparison diamonds Page 4 of 7 a ~. Certification ~ ' • I hereby certify that, to the best of my lmowledge and belief: • The stateme$~ts of fact contained in this report aze true and correct. • The reports analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions, dare my unbiased professional analysis, opinions, and conclusions. • I have no pr sent. or prospective interest in the property that is the subject of this report and I have no personal interest or b as with respect to the parties involved. • My camp sationis not contingent upon the development or reporting of a predetermined value or direction in value th favors the cause oi' my client, the amount of the value esum'ate, the attainment of a stipulated. result, or th occurrence of a subsequent event..: • I have mad. a personal inspection of the property that is the subject of this report. - . • No one pro ided significant professional assistance to tha person signing this report. • My anatys ,opinions, and conclusions were developed; and this. report has beery prepared, in conformity with the U ifonn Standards of Professional Appraisal Practice. ..~~ ~_ ~.. Cherie. n G ve .. Certified Gem logist Apprai er, AGS 4/25%2011 ' . ~ • . it . _ .. • .. .. .~. ,.. • .. ~ _. .. , . ~ , . , i . ' i , . • Page 5 of 7 ~ - - iPrepared For:. ~ Hershey Trust Company Date: 4/25/2011 One West Chocolate Avenue, Suite 200 Hershey, PA 17033 Watch One gentleman's stainless steel Chronograph Daytona Rolex watch with the following characteristics: '. ~ Watch Attributes . ' Maker: ~ Rolex Type: I Genus Movement: Automatic, calibre 727; chronograph, serial # 9143040 Material: Stainless steel Shape: Round I SezeL• • Black'fixed with numbers . Dial./ Featu~es: Black dial with white recorder, red Daytona lettering, 12 hour . recorders/silver chronograph dial and center second hand / Hour marki gs: Batons.. Hands: ~ Black in chronograph sub dials ~ ' Strap/Brace et: .Stainless steel . Clasp:. Center folding ' Condition: Good Model num er: Style # 6263 ~ ' Serial num er: Case serial # 9143040 ' ~ ~ ~ I ~ ~ Total Approximate Value Excluding Tax $6,500.00 ~ Total Approximate Value for Al1.Items -Excluding Tax ~ $6,500.00 .~ ~ ' I . Six thousandfiye.hundred dollars and nq cents . . i ~ Signature of Ap raiser: l C rid ynn Grove . . I i • i Certified Gemologist Appraiser, AGS . • Page 6 of w . l Biographical Background and Qualifications Appraiser's: Name Chetie Lynn Grove, C.G.A.,G.G. . . Education: Bac elor of Science, the Shippensburg University, 2000: Gra uate Gemolpgist, Gemological~Institute of America, 2006. Pear Grading, Gemologicai Institute of America, 2006. Reg stered Jeweler, American Gem .Society, 2007. Ce ed~Gemologist Appraiser, American Gem Society; 2008. Business;. In t e jewelry trade since 2000. ,Me ber American Gem Society. Am rican Gem SocietyConclave 2007-Denver, CO..' Arn rican Gem Society Conclave 2008-Seattle, WA... I r A Estate of Robert H. L 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 Jr. RE: General DATE EXPENSE 03/08/11 Long distan a call 03/08/11 Travel expe se 03/09/11 Long distan a call 03/10/11 Photocopies 03/14/11 Travel expe se 03/15/11 Long distan a call 03/16/11 Cumberland County Register of Wills -additional probate fee 03/16/11 Long distan a call 03/16/11 Travel expe se 03/17/11 Travel expe se 03/24/11 Cumberland aw Journal -legal notice 03/25/11 Postage 03/30/11 Meal 03/30/11 Long distanc call 03/30/11 Long distanc call 04/12/11 Westlaw - re earch (03/13 & 18/11) 04/28/11 Long distanc call 05/19/11 Travel expen e 05/20/11 Travel expen e 05/25/11 Travel expen e 05/27/11 Travel expen e Please write the above account number on your check and make your check payable to Black and Davison "THANK YOU" 06/09/11 Long distance call 06/24/11 Foam to transport guns 07/14/11 Long distanc call PAGE 1 BILL]NG DATE: 12/01/11 ACC''f NO.: JAN-18687.01 AMOUNT 6.25 51.51 10.00 50.00 79.56 2.50 105.00 1.25 35.70 68.34 75.00 5.54 36.48 1.25 8.75 228.19 1.25 61.20 57.63 4.59 12.75 1.25 65.93 2.50 r 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 Robert H. F ong, Jr. PAGE 2 ~I BILL,ING DATE: 12/01/11 ACC"T NO.: JAN-18687.01 07/15/11 Long distan a call 15.00 07/29/ 11 Long distan a call 16.25 08/02/11 Travel expe se 70.38 08/22/11 Long distan e call 3.75 08/31/11 Long distan e calls 3.75 09/01/11 Long distan a call 6.25 09/19/11 Long distan a call 12.50 09/22/11 Long distan e call 3.75 09/26/11 Long distan a calls 11.25 09/27/11 Long distan a call 1.25 09/28/11 Long distan a calls 2.50 09/30/11 Long distan a call 6.25 10/04/11 Long distan a call 2.50 10/11/11 Long distan e call 3.75 10/14/11 Westlaw - r search (09/23/11) 17.55 Total of New Expenses: 1,149.10 ACCOUNT SUMMARY PREV[OUS BALAN E: $0.00 NEW SERVICES: $0.00 NEW EXPENSES: i $1,149.10 t NEW PAYMENTS: $0.00 TOT. (:URRENT PE OD: $1,149.10 CURRENT BALAN E: $1,149.10 '~ Please write the above account number on your check and make your check payable to Black and Davison ~~~ "THANK YOU"