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Home My WebLink About05-16-121505610105 REV-1500 EX (oz-ii) (FI) j ~~ enns l OFFICIAL USE ONLY PA Department of Revenue P y vania Bureau of Individual Taxes """pT"`"T ""`"°` County Code Year File Number ~r INHERITANCE TAX RETURN PO BOX z8o6oi ~-~ .~- Harrisburg, PA 1'7128-o6oi RESIDENT DECEDENT °_~ ~ ~ ~ ~( ~,~~ ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY 08/16/2011 02/05/1924 Decedent's Last Name Suffix Decedent's First Name MI CRIST CHRISTINE M (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI N/A Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE: REGISTER OF WILLS FILL INAPPROPRIATE OVALS BELOW ~ 1. Original Return O 2. Supplemental Return O 3. Remainder Return (Date of Death Prior to 12-13-82) O 4. Limited Estate O 4a. Future Interest Compromise (date of O 5. Federal Estate Ta:c Return Required death after 12-12-82) ~ 6. Decedent Died Testate O 7. Decedent Maintained a Living Trust 1 _ 8. Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust.) O 9. Litigation Proceeds Received O 10. Spousal Poverty Credit (Date of Death O 11. Election to Tax under Sec. 9113(A) Between 12-31-91 and 1-1-95) (Attach Schedule O) CORRESPONDENT - THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Nurrlber M&T Bank (717) 240-4505 First Line of Address Attn. Investment Grp. Second Line of Address One West High Street City or Post Office Carlisle State ZIP Code PA 17013 _ ,.~~ REGISTER OF ~LS USE ONLX. ' ~r~ n.5 ~;% ~y, ~.: _. ~ ;:.; ~) : - _ : ; ~•~ DAT ICEt) ~.: -i7 ; (=; i r~ _._; =~7 Correspondent's a-mail address: fSnllley@mtb.COm ~.~7 ~~ --r-i unaer penaiues of penury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my Knowledge and belief, it is true, correct and complete. Declaration of preparer other than the personal represe five is based on all inform of which preparer hays any knowledge. SI NATURES F RSON RESPONSIBLE FOR FI NG RETURN _ DATE: iti1~a~ ~ ~' t--~ _ ~ ~~ --1,5 ~~ l~ SIGNATURE OF PREPARER OTHER THAN REPRESENTATIVE DATE HUUY(CJJ PLEASE USE ORIGINAL FORM ONLY Side 1 1505610105 1505610105 J 1505610205 REV-1500 EX (FI) Decedent's Social Security Number oecedenes Name: CHRISTINE M. CRIST 3 RECAPITULATION 1. Real Estate (Schedule A) .......................................... ... 1. 299,000.00 2. Stocks and Bonds (Schedule B) .................................... ... 2. 1,540,007.46 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) .. ... 3. 0.00 4. Mortgages and Notes Receivable (Schedule D) ........................ ... 4. 0.00 5. Cash, Bank Deposits and Miscellaneous Personal Property (Schedule E).... ... 5. 178,858.03 6. Jointly Owned Property (Schedule F) O Separate Billing Requested .... ... 6. 0.00 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G) O Separate Billing Requested..... ... 7. 212,121.37 8. Total Gross Assets (total Lines 1 through 7) .......................... ... 8. 2,229,986.86 9. Funeral Expenses and Administrative Costs (Schedule H) ................. .. 9. 90,664.77 10. Debts of Decedent, Mortgage Liabilities and Liens (Schedule I) ............. .. 10. 21,228.17 11. Total Deductions (total Lines 9 and 10) ............................... .. 11. 111,892.94 12. Net Value of Estate (Line 8 minus Line 11) ............................ .. 12. 2,118,093.92 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) ...................... .. 13. 0.00 14. Net Value Subject to Tax (Line 12 minus Line 13) ...................... .. 14. 2,118,093.92 TAX CALCULATION -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 .0_ 15 16. Amount of Line 14 taxable at lineal rate X .0 45 2,118,093.92 16. 17. Amount of Line 14 taxable at sibling rate X .12 17 18. Amount of Line 14 taxable at collateral rate X .15 1 g 19. TAX DUE ....................................................... .. 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT Side 2 1505610205 1505610205 0.00 95,314.23 0.00 0.00 95,314.23 O J REV-1500 EX (FI) Page 3 FIIe Number Decedent's Complete Address: CHRISTINE M. CRIST STREET ADDRESS _ _ __ 1915 Walnut Street __ -_ __ _- __ __ CITY STATE ZIP Camp Hill PA 17011 Tax Payments and Credits: 1. Tax Due (Page 2, Line 19) 2. CreditslPayments A. Prior Payments __ 76,000.00 B. Discount 4,000.00 3. Interest 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Fill in oval on Page 2, Line 20 to request a refund. (1) 95.314.23 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE Total Credits (A+ B) (2) 80,000.00 (3) 0.00 (4) (5) 15,314.23 Make check payable to: REGISTER OF WILLS, AGENT. PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred .................................................................................... ...... ^ b. retain the right to designate who shall use the property transferred or its income ...................................... ...... ^ c. retain a reversionary interest ........................................................................................................................ ...... ^ d. receive the promise for life of either payments, benefits or care? ................................................................ ...... ^ 2. If death occurred after Dec. 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? ........................................................................................................ ...... ^ 3. Did decedent own an "in trust for" or payable-upon-death bank account or security at his or her death? ........ ...... ^ 4. Did decedent own an individual retirement account, annuity or other non-probate property, which contains a beneficiary designation? .................................................................................................................. ...... IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FIL E 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 u:se of the surviving spouse is 3 percent [72 P.S. §9116 (a) (1.1) (i}]. For dates of death on or after Jan. 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(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)]. Asibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. REV-150 EX+ (11-08) Pennsylvania DEPARTMENT OF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE A REAL ESTATE ESTATE OF FILE NUMBER CHRISTINE M. CRIST 21-11-0915 All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of 1:he relevant facts. Real property that is jointly-owned with right of survivorship must be disclosed on Schedule F. Attach a copy of the settlement sheet if the property has been sold. ITEM Include a copy of the deed showing decedent's interest if owned as tenant in common, VALUE AT DATE NUMBER OF DEATH DESCRIPTION 1' 1915 Walnut Street, Camp Hill, PA 17011, Borough of Camp Hill, Deed Book U19, Page 383 Cumberland County Recorder of Deeds, Parcel No. 01-21-0269-210 (Appraisal Attached) 210,000.00 2 780 Cherry Street, LaPorte, PA 18626, Borough of LaPorte, Deed Book 897 Pages 668 and 109 Page 525, Parcel No. 11-001-0054-001 and 11-001-055 (Appraisal Attached) 89,000.00 TOTAL (Also enter on Line 1, Recapitulation,) I $ 299,000.00 If more space is needed, insert additional sheets of the same size. REV-i5o3 EX+ (7-u) j i~ Pennsylvania DEPARTMENT OF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT SCI~IEpULE B STOCKS & BONDS esrare vF FILE NUMBER CHRISTINE M. CRIST 21-11-0915 All Property Jointly owned with right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. 2 3 $400 par U.S. Series EE Bonds Stocks, Bonds and Mutual Funds-See Attached Estate Valuation Accrued Dividends and Interest to DOD TOTAL (Also enter on Line 2, Recapitulation) ~ $ If more space is needed, insert additional sheets of the same size 1,439.36 1, 533, 366.01 5,202.09 1, 540, 007.46 Calculated Value of Your Paper Savings Bond(s) Calculated Value of Your Paper Savings Bond(s) Calculator Results for Redemption Date 08/2011 Page 1 of Total Price Total Value Total Interest YTD Interest $400.00 $1,439.36 $1,039.36 $42.00 Bonds: 1-16 of 16 Serial # Series Denom Issue Next Final Date Accrual Maturity Issue Price interest Interest Rate Value Note L284830867EE EE ' _ 11/19861/2011 *_ 11/2016_ __ $50 ___25;00+___.______58.40 1 ____4.00°/a~ ~ -------------~ _ __ $83.40_: ________._ --- - - - t -- -- -- - -- -- L276711981EE ~ ___ _. _._ . - - EE _ _ ___ ~ 09/1986X09/2011 09/2016.1 $50 , _$25 00_+_______.$67.74 t _ 4.00°/a : $92.74 __ __ _ L217645590EE i . ._ _ EE _ ._ 107/198 __5;1/2012 07/2015: $50 $25:00+ ._ __.73.42 4.00%a_~ _ _~98.42r _ EE L228365039EE ; . X50 t 10/_1985%10%2011 } 10/2015 X25 00 _ X71 50 4 00 /a X96 50 I~ _ EE L227198271EE ~ 12/19852/2011 12/2015 $50 r $25 OOr _ $71 50 ~ ° 4.00 /a - ---- ---- $96 50 _ ' ; ---- L263773130EE EE _ - X50 r 02/198602/2012 t 02/2016_: _ $25.00 r _ _. $71.50 _ _ 4.00% : r $96.50 , l _ L263811452EE EE _ 04/1986%10/2011 04/2016_ $50 r------- ------ t -----_. _$25 00 r _ X69.60 _ 4.00%a_ i $94.60 _ L267610338EE _ _ EE _ . __ 07/1986_~1/2012t_07/2016_r _~50 _~25 OOt X69 60_x _ _4.00%~ $94 60r . r L27669387tiEE _ EE r $50108/1986 }'02%2012 * 08/2016 r _ $25.00 i $69.60 * 4.00% * $94 60* . ___. , LL284830867EE _ EE 10/ 1986.1].0/2011; _ 10/2016 _ $SO_ . $25 00 .. $67 74 : _ 4.00 /° _ $_ 92.74 i _ L284858492EE EE t $50_t01/1987*-O1/2012r 01%20171 --- $25.00 ..____$58.40r 4 00%r $83 40r _. __ _ _ L291564306EE ... EE :02/1987%02/2012. 02/2017: $50 _ X25 00 r X58 40_x ____ 4.00% ~83.40_r . ; _ L284830867EE EE _ _ 11/2016 , 11/ 1986%11%2011 $50 .$25.00 __ _. $58 40 4 :00% ; X83 40.1_____. _._, L284858492EE EE ¢ ~ _ ; 01/ 1987101%2012 01/2017 $50 _ $25 00 _ _ _ $58 40 r _ 4.00% $83 40 L291564306EE , EE _ { 02/ 1987,x02/2012 02/2017 , $50 $25 00 _ $58.40 4.00% ; $83 40 _ - L315670110EE - -- EE _ I06/1987~12/2011.06/2017_ $50 _$25 00 $56.76 4.00% _ 81 _ _ _ _ Totals for 16 Bonds $400.00 $1,039.36 ; $1,439.36: Notes NI Not Issued NE ;Not eligible for payment _________ ____________ _ P5 ;Includes 3 month interest enalt ---~-~-----.---------------------------~--------~------------------- p -Y -~------~----....... MA :Matured and not earnin interest httn://www.treasurvdirect. ~ov/BC/SBCPrice Estate Valuation Date of Death: 08/16/2011 Valuation Date: 08/16/2011 Processing Date: 09/12/2011 Shares identifier or Par Security Description 1) 002068102 400 ATST INC (T) COM New York Stock Exchange 08/16/2011 2) 002824100 350 ABBOTT LABS (ABT) COM New York Stock Exchange 08/16/2011 3) 010392496 400 ALABAMA PWR CO (ALM) 5.875 07B NT New York Stock Exchange 08/16/2011 Estate of: Christine Myers Crist Account: -6602 Report Type: Date of Death Number of Securities: 48 File ID: Crist6602,Christine006641 Mean and/or Security Div and Int High/Ask Low/Bid Adjustments Value Accruals 28.91000 28.45000 H/L 28.680000 50.42000 49.23000 H/L 49.825000 25.97000 25.68000 H/L 25.825000 11,472.00 17,438.75 10,330.00 4) AIHYY 509 ALLIED IRISH HKS P L C SPON ADR ORD Other OTC 08/16/2011 0.91900 0.85000 H/L 0 .884500 450.21 5) 026547109 8681.428 AMERICAN HIGH INCOME TR (AHITX) SH HEN ZNT Mutual Fund (as quoted by NASDAQ) 08/16/2011 10.87000 Mkt 10 .870000 94,367.12 6) 075887109 225 BECTON DICKINSON b CO (BDX) COM New York Stock Exchange 08/16/2011 80.99000 79.42000 H/L 80 .205000 16,046.13 7) 140193103 3842.949 CAPITAL INCOME HLDR FD (CAIBX) SH HEN INT Mutual Fund (as quoted by NASDAQ) 08/16/2011 48.95000 Mkt 48 .950000 188,112.35 8) 194162103 150 COLLATE PALMOLIVE CO (CL) COM New York Stock Exchange 08/16/2011 66.86000 85.44000 H/L 86 .150000 12,922.50 9) 27826L249 17315.509 EATON VANCE MUMS TR (EIHMX) EV NTL MUN INSTL Mutual Etuid (as quoted by NASDAQ) 08/16/2011 9.15000 Mkt 9 .150000 158,436.91 10) 302316102 572 EXXON MOBIL CORD (XOM) COM New York Stock Exchange 08/16/2011 74.34000 72.83000 H/L 73 .585000 42,090.62 Div: 0.47 Ex: OB/10 Rec: 08/12 Pay: 09/0 9/11 11) 337318109 2200 FIRST TR ENHANCED EQTY ZNC FD (FFA) COM New York Stock Exchange 08/16/2011 11.19450 10.97000 H/L 11 .062250 24,380.95 Page 1 268.84 * Please see the final page for IMPORTANT INFORMATION ABOUT THE ESTATE VALUATION REPORT. Wells Fargo Advisors does not render tax or legal advice. If you have any questions please consult with your tax and legal advisors. Wells Fargo Advisors is the trade name used by three separate registered broker-dealers: Wells Fargo Advisors, LLC, Wells Fargo Advisors Financial Network, LLC and Wells Fargo Investments, LLC, Members SIPC, non-bank affiliates of Wells Fargo S Company. Date of Death: 08/16/2011 Valuation Date: 08/16/2011 Processing Date: 09/12/2011 Shares Security Identifier or Par Description High/Ask Low/Bid 12) 369604103 1000 GENERAL ELECTRIC CO (GE) COM New York Stock Exchange Estate of: Christine Myers Crist Account: -6602 Report: Type: Date of Death Number of Securities: 48 File ZD: Crist:6602,Christine006641 Mean and/or Security Div and Int Adjustments Value Accruals 08/16/2011 16.27000 15.95000 H/L 16.110000 13) 35906A106 72 FRONTIER COMMUNICATIONS CORP (FTR) COM New York Stock Exchange 08/16/2011 7.18000 14) 453320103 10879.83 INCOME ED AMER INC (AMECX) CL A Mutual Fund (as quoted by NASDAQ) 08/16/2011 15) 456837707 400 ING GROEP N V (IDG) PER HYB CAP SC New York Stock Exchange 16,110.00 7.06000 H/L 7.120000 512.64 16.25000 Mkt 16.250000 176,797.24 08/16/2011 21.84000 21.42000 H/L 21 .630000 8,652.00 16) 795477108 2149.069 LEGG MASON PARTNERS EQUITY TR (SABRX) CLRBRG EQTY FD 0 Mutual Fund (as quoted by NASDAQ) 08/16/2011 11.39000 Mkt 11 .390000 24,477.90 17) 580135101 250 MCDONALDS CORD (MCD) COM New York Stock Exchange 08/16/2011 87.19000 85.68000 H/L 86 .435000 21,608.75 18) 636180101 800 NATIONAL FUEL GAS CO N J (NFG) COM New York Stock Exchange 08/16/2011 60.92000 59.61000 H/L 60 .265000 48,212.00 19) 670630106 2181 NUVEEN SELECT TAX FREE INCM PT (NXQ) SH BEN INT New York Stock Exchange 08/16/2011 12.73000 12.63000 H/L 12 .680000 27,655.08 Div: 0.0525 Ex: 08/11 Rec: 08/15 Pay: 09/01/11 20) 693517106 2256 PPL CORD (PPL) COM New York Stock Exchange 08/16/2011 27.11850 26.60000 H/L 26 .859250 60,594.47 21) 713448108 200 PEPSICO INC (PEP) COM New York Stock Exchange 08/16/2011 64.06000 62.65000 H/L 63 .455000 12,691.00 22) 742718109 225 PROCTER b GAMBLE CO (PG) COM New York Stock Exchange 08/16/2011 61.87000 61.17000 H/L 61 .520000 13,842.00 114.50 Page 2 * Please see the final page for IID?ORTANT INFORMATION AHOUT THE ESTATE VALUATION REPORT. Wells Fargo Advisors does not render tax or legal advice. If you have any questions please consult with your tax and legal advisors. Wells Fargo Advisors is the trade name used by three separate registered broker-dealers: Wells Fargo Advisors, LLC, Wells Fargo Advisors Financial Network, LLC and Wells Fargo Investments, LLC, Members SIPC, non-bank affiliates of Wells Fargo 6 Company. Date of Death: 08/16/2011 Estate of: c:hristine Myers Crist Valuation Date: 08/16/2011 Account: -6602 Processing Date: 09/12/2011 Report Type: Date of Death Number of Securities: 48 File ID: Cris~t6602,Christine006641 Shares Security Mean and/or Security Div and Int Identifier or Par Description High/Ask Low/Bid Adjustments Value Accruals 23) 871829107 800 SYSCO CORD (SYY) COM New York Stock Exchange 08/16/2011 28.09800 27.56000 H/L 27.829000 22,263.20 24) 876902107 7120.276 TAX EXEMPT BD FD AMER (AFTER) COM Mutual Fund (as quoted by NASDAQ) 08/16/2011 12.28000 Mkt 12.280000 87;436.99 25) 92343V104 300 VERIZON COMMUNICATIONS INC (VZ) COM New York Stock Exchange 08/16/2011 35.02000 34.47000 H/L 34.745000 10,.423.50 26) 92930Y107 400 W P CAREY 6 CO LLC (WPC) COM New York Stock Exchange 08/16/2011 39.20000 37.92000 H/L 38.560000 15,424.00 27) 01728REQ8 20000 ALLEGHENY CNTY PA HIGHER ED BL Financial Times Interactive Data DTD: 08/23/2007 Mat: 03/01/2024 4.5~ 08/16/2011 103.16000 Mkt 103.160000 20,632.00 Int: 03/01/2011 to 08/16/2011 415.00 26) 017357XY5 30000 ALLEGHENY CNTY PA SAN AUTH SWR Financial Times Interactive Data DTD: 10/21/2010 Mat: 06/01/2040 5~ 08/16/2011 103.75300 Mkt 103.753000 31,125.90 Int: 06/01/2011 to 08/16/2011 316.67 29) 074863FD8 10000 BEAVER CNTY PA HOSP AUTH REV Financial Times Interactive Data DTD: 08/04/1998 Mat: 05/15/2018 5~ 08/16/2011 100.29400 Mkt 100.294000 10,029.40 Int: 05/15/2011 to 08/16/2011 127.78 30) 074863FE6 10000 BEAVER CNTY PA HOSP AUTH REV Financial Times Interactive Data DTD: 08/04/1996 Mat: 05/15/2028 5~ 06/16/2011 99.99700 Mkt 99.997000 9,999.70 Int: 05/15/2011 to 06/16/2011 127.78 31) 118683BN0 25000 BUCKS CNTY PA WTR S SWR AUTH S Financial Times Interactive Data DTD: 12/30/2010 Mat: 12/01/2030 4.5~ 08/16/2011 102.51300 Mkt 102.513000 25,628.25 int: 06/01/2011 to 08/16/2011 237.50 32) 190684NK2 10000 COATESVILLE PA AREA SCH DIST Financial Times interactive Data DTD: 07/20/2010 Mat: 08/15/2028 4.25 06/16/2011 101.26800 Mkt 101.268000 10,125.80 Int: 08/15/2011 to 08/16/2011 2.36 Page 3 * Please see the final page for IMPORTANT INFORMATION ABOUT THE ESTATE VALUATION REPORT. Wells Fargo Advisors does not render tax or legal advice. If you have any questions please consult with your tax and legal advisors. Wells Fargo Advisors is the trade name used by three separate registered broker-dealers: Wells Fargo Advisors, LLC, Wells Fargo Advisors Financial Network, LLC and Wells Fargo Investments, LLC, Members SIPC, non-bank affiliates of Wells Fargo & Company. Date of Death: 08/16/2011 Estate of: (:hristine Myers Crist Valuation Date: 08/16/2011 Account: -6602 Processing Date: 09/12/2011 Report: Type: Date of Death Number of Securities: 48 File ID: Cris1:6602,Christine006641 Shares Security Mean and/or Security Div and Int Identifier or Par Description High/Ask Low/Bid Adjustments Value Accruals 33) 230597PK6 30000 CUMEERLAND CNTY PA Financial Times Interactive Data DTD: OB/01/2008 Mat: 05/01/2025 4.25 08/16/2011 105.07900 Mkt 105.079000 31,523.70 Int: 05/01/2011 to 08/16/2011 375.42 34) 254242DZ0 25000 DILLSBURG PA AREA AUTH SWR REV Financial Times Interactive Data DTD: 12/22/2010 Mat: 08/15/2035 4.875 08/16/2011 102.73500 Mkt 102.735000 25,683.75 Int: 08/15/2011 to 08/16/2011 6.77 35) 299864JJ8 20000 EVERETT PA AREA SCH DIST Financial Times interactive Data DTD: 06/24/2010 Mat: 03/15/2035 4.45 08/16/2011 100.39000 tact 100.390000 20,078.00 Int: 03/15/2011 to 08/16/2011 375.78 36) 5741928E3 15000 MARYLAND ST Financial Times Interactive Data DTD: 03/22/2011 Mat: 03/15/2025 4~ 08/16/2011 106.23900 Mkt 106.239000 15,935.85 Int: 03/22/2011 to 08/16/2011 241.67 37) 409504KJ5 10000 HAMPTON TWP PA SCH DIST Financial Times Interactive Data DTD: 12/01/2006 Mat: 08/15/2031 4.25is 08/16/2011 100.15700 Mkt 100.157000 10,015.70 Int: 08/15/2011 to 08/16/2011 2.36 38) 514040X58 20000 LANCASTER CNTY PA Financial Times Interactive Data DTD: 03/01/2006 Mat: 03/01/2031 5~ 08/16/2011 106.23000 Mkt 106.230000 21,246.00 int: 03/01/2011 to 08/16/2011 461.11 39) 614106JZ6 30000 MONTGOMERY PA AREA SCH DIST Financial Timea Interactive Data DTD: 03/23/2010 Mat: 09/01/2019 3~ 08/16/2011 103.17100 Mkt 103.171000 30,951.30 Int: 03/01/2011 to 08/16/2011 415.00 40) 709221GG4 5000 PENNSYLVANIA ST TPK COMMN OIL Financial Times Interactive Data DTD: 08/01/2003 Mat: 12/01/2024 5~ 08/16/2011 102.61700 Mkt 102.617000 5,130.85 int: 06/01/2011 to 08/16/2011 52.78 41) 714145LS6 15000 PERKIOMEN VY SCH DIST PA Financial Times Interactive Data DTD: 04/15/2005 Mat: 02/15/2023 4.25 08/16/2011 104.68700 Mkt 104.687000 15,703.05 int: 08/15/2011 to 08/16/2011 3.54 42) 71781EAX3 10000 PHILADELPHIA PA AUTH FOR INDL Financial Times Interactive Data DTD: 07/01/1998 Mat: 07/01/2028 5.125 08/16/2011 99.99500 Mkt 99.995000 9,999.50 Int: 07/01/2011 to 06/16/2011 65.49 Page 4 * Please see the final page for II~ORTANT INFORMATION ABOUT THE ESTATE VALUATION REPORT. Wells Fargo Advisors does not render tax or legal advice. if you have any questions please consult with your tax and legal advisors. Wells Fargo Advisors is the trade name used by three separate registered broker-dealers: Wells Fargo Advisors, LLC, Wells Fargo Advisors Financial Network, LLC and Wells Fargo Investments, LLC, Members SIPC, non-bank affiliates of Wells Fargo & Company. Date of Death: 08/16/2011 Estate of: Christine Myers Crist Valuation Date: 08/16/2011 Account: -6602 Processing Date : 09/12/2011 Report Type: Date of Death Number of Securities: 48 File ID: Crist6602,Christine006641 Shares Security Mean and/or Security Div and int Identifier or Par Description High/Ask Low/Bid Adjustments Value Accruals 43) 725304PE3 15000 PITTSBURGH PA WTR & SWR AUTH W Financial Times Interactive Data DTD: 06/12/2008 Mat: 09/01/2024 6.61 08/16/2011 111.71600 Mkt 111.716000 16,757.40 Int: 03/01/2011 to 08/16/2011 457.19 44) 7252768L6 20000 PITTSBURGH PA SCH DIST Financial Times Interactive Data DTD: 11/30/2006 Mat: 09/01/2024 4.3~ 08/16/2011 102.54600 Mkt 102.546000 20,509.20 Int: 03/01/2011 to 08/16/2011 396.56 45) 755638UE1 30000 READING PA SCH DIST Financial Times Interactive Data DTD: 08/15/2008 Mat: 03/01/2025 4.375 08/16/2011 104.02000 Mkt 104.020000 31,206.00 Int: 03/01/2011 to 08/16/2011 605.21 46) 952030YZ1 20000 WEST CHESTER PA AREA SCH DIST Financial Times Interactive Data DTD: 11/01/2006 Mat: 02/15/2026 4.5~ 08/16/2011 104.72800 Mkt 104.728000 20,945.60 int: 08/15/2011 to 08/16/2011 5.00 47) 970191FS6 25000 WILLLAMSPORT PA MUN WTR AUTH W Financial Times Interactive Data DTD: 12/01/2010 Mat: 01/01/2027 4~ 08/16/2011 101.55900 NDct 101.559000 25,389.75 Int: 07/01/2011 to 08/16/2011 127.78 48) DEP1 43710.83 BANK DEPOSIT SWEEP 43,710.83 Total Value: $1,577,076.84 Total Accrual: Less Cash $5,202.09 (43 710 83) Total: $1,582,276.93 . , $ 1, 533,366.01 Node: Cash shown on Schedule~~.E Page 5 * Please see the final page for IMPORTANT INFORMATION ABOUT THE ESTATE VALUATION REPORT. Wells Fargo Advisors does not render tax or legal advice. if you have any questions please consult with your tax and legal advisors. Wells Fargo Advisors is the trade name used by three separate registered broker-dealers: Wells Fargo Advisors, LLC, Wells Fargo Advisors Financial Network, LLC and Wells Fargo investments, LLC, Members SIPC, non-bank affiliates of Wells Fargo 6 Company. REV-i5o8 EX+ (u-io) Pennsylvania SCNEpuLE E DEPARTMENT OF REVENUE CASH BANK DEPOSITS & MISC. INHERITANCE TAX RETURN PERSONAL PROPERTY RESIDENT DECEDENT ESTATE OF: FILE NUMBER: CHRISTINE M. CRIST 21-11-0915 Indude the proceeds of litigation and the date the proceeds were received by the estate. All property jointly owned with right of survivorship must be disclosed on Schedule F. ITEM ~ ~ VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. PSECU Savings Account 0174207173 567.98 2. PSECU Checking Account 0174207173 283.84 3. PSECU Money Market Account 0174207173 ~ 14.02 4_ Personal Property, Camp Hill Home, as appraised ! ( 5,360.00 5, Personal Property, LaPorte Cabin, as appraised 2,200.00 6. 2000 Saab 9-3 Hatchback 4 door, Blue Book Value 2,500.00 7. PNC Bank, Checking Account 5140117203 I 40,222.42 g. PNC Bank, Savings Account 503869863 1,004.33 g. M&T Bank, Savings Acxount 15004216636661 5,085.71 10. M&T Bank, Checking Account 24635472 75,727.51 11. Thrivent Financial for Lutherans, benefit payment 189.83 12. Treasury Deposit into PNC Checking Acxount 8/31/11 508.43 13. AAA Central Penn, membership refund 31.36 14, Country Meadows, resident refund 760.01 15. Thrivent Financial for Lutherans, unearned premium long term care policy 475.99 16. Frontier Communication, refund I 36.03 17. Board of Pensions Evangelical Lutheran Church, refund health insurance premium ~ 146.13 1 g_ Wells Fargo Advisors, cash balance in brokerage account I 43,710.83 1 g, EZ Pass Transponder, refund unused balance ~ 33.61 TOTAL (Also enter on Line 5, Recapitulation) $ 178,858.03 If more space is needed, use additional sheets of paper of the same size. pennsytvania SCHEDULE G DEPARTMENT OF REVENUE INTER-VIVOS TRANSFERS AND INHERITANCE TAX RETURN MISC. NON-PROBATE PROPERTY RESIDENT DECEDENT -_ ESTATE OF FILE NUMBER CHRISTINE M. CRIST 21-11-•0915 This schedule must be completed and filed if the answer to any of questions 1 through 4 on page three of the REV-1500 is yes. ITEM NUMBER DESCRIPTION OF PROPERTY INCLUDE THE NAME OF THE TRANSFEREE, THEIR fiElAl70NSHiP In DECEDENT AND THE DATE OF TRANSFER. ATTACH A CDPY OF THE DEED FOR REAL ESTATE. DATE OF DEATH VALUE OF ASSET % OF DECD'S INTEREST EXCLUSION (IF APPLiCAB1.EJ TAXABLE VALUE i. Thrivent Financil Variable Annuity IRA Contract LC3397051 143,738.71 100 143,738.71 2 Thrivent Financial Agreement 9221002 I I i i 68,382.66 100 68,382.6fi TOTAL (Also enter on Line 7, Recapitulation) ; ~ 212,121.37 If more space is needed, use additional sheets of paper of the same size. REV 5 i X+!_~-~9: ~ pennsytvania SCHEDULE H DEPARTMENT OF REVENUE FUNERAL EXPENSES AND INHERITANCE TAX RETURN ADMINISTRATIVE COSTS RESIDENT DECEDENT ESTATE OF FILE NUMBER CHRISTINE M. CRIST 21-11-0915 Decedent's debts must be reported on Schedule I. ITEM NUMBER DESCRIPTION __ AMOUNT A. FUNERAL EXPENSES; I' Musselman Funeral Home & Cremation 4,878.47 2. Catherine C. Manson, reimburse for airfare for funeral 1,326.80 3. Jessica C. Crist, reimburse for airfare for funeral 5,696.58 a. Trinity Evangelical Lutheran Church, funeral meal 790.77 5. Jan Miller, reimburse for clothing 131.94 s. Gingrich Memorials, monument 582.00 B. (ADMINISTRATIVE COSTS: ~ 1. Personal Representative Commissions: 54,857.31 Name(s) of Personal Representative(s) M&T Bank Street Address One West H~h_Street city Carlisle _ state PA zIP _17013 Year(s) Commission Paid: 2012 20,000.00 2. Attorney Fees: Johnson, Duffie, Stewart & Weidner, P.C. 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation.) Claimant __ _ - __ __ Street Address City __ _ _ _ _. _ _ State ZIP _ _ _ _ Relationship of Claimant to Decedent 4. Probate Fees: I 759.50 I 5. Accountant Fees: i 6. Tax Return Preparer Fees: ~• Cumberland Law Journal, advertising Letters Testamentary 75.00 s. The Sentinel, advertising Letters Testamentary 221.40 s. RSR Appraisers, Camp Hill real estate appraisal 500.00 ~ o. Rowes Auction Service, Camp Hill personal property appraisal 95.00 ~ ~. Roan, Inc., LaPorte personal property appraisal 375.00 ~ 2. Reeser Appraisals, LLC, LaPorte real estate appraisal M 375.00 TOTAL (Also enter on Line 9, Recapitulation) ~ ~ 90,664.77 If more space is needed, use additional sheets of paper of the same size REV-1512 EX+ (12-08) SCHEDULE I Pennsylvania DEPARTMENT OF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT DEBTS OF DECEDENT, MORTGAGE LIABILITIES 8r; LIENS ESTATE OF FILE NUMBER CHRISTINE M. CRIST 21-11-0915 Report debts incurred by the decedent prior to death that remained unpaid at the date of death, including unreimbursed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 ~ Trust Ambulance, balance due 247.50 2. Manorcare Health Services, balance due 2,016.27 3. Brian E. Faley, lawn care 2,241.96 4. Holy Spirit Hospital, balance due 196.19 5. PA Online, service 186.87 6. UGI, service Camp Hill property 572.65 7. U.S. Bank, balance due 69.26 8. USAA Credit Card, balance due 27.51 9. PA Dept. of Revenue, check 5946 dated 8112/11 M&T Bank checking acct. 515.00 10. Verizon, deducted from M&T Bank checking acct. 8122/11 66.68 1 ~ . U.S. Treasury, check 5945 dated 8112111 M&T Bank checking acct. 600.00 12. Penn Waste, deducted from M8T Bank checking acct. 8123/11 45.75 13. UGI, deducted from M&T Bank checking acct. 8/23/11 13.33 14. First Energy OPCO, deducted from M&T Bank checking acct. 8123111 9.05 15. Penelec, utility LaPorte property 73.15 76. Penn Waste, trash removal Camp Hill 137.25 17. Cumberland Goodwill Fire Rescue EMS, balance due 618.54 18. PPL, electric utilities Camp Hill property 553.74 19. PA American Water, service Camp Hill property 255.67 20. UGI HVAC Services, Inc., service plan 199.00 21. Verizon, service Camp Hill property 385.92 22. Comcast Cable, service Camp Hill property 8.80 23. Catherine Manson, check 4796 dated 8/15!11 PNC checking acct. 1, 500.00 24. John Manson, check 4795 dated 8111/11 PNC checking acct. 100.00 25 West Shore Anesthesia Associates, balance due 3.25 TOTAL (Also enter on Line 10, Recapitulation) $ If more space is needed, insert additional sheets of the same size. REV-1512 EX+ (12-OS) Pennsylvania SCHEDULE I DEPARTMENT OF REVENUE DEBTS OF DECEDENT, INHERITANCE TAX RETURN MORTGAGE LIABILITIES & LIENS RESIDENT DECEDENT ESTATE OF FILE NUMBER CATHERINE M. CRIST 21-11-0915 Report debts incurred by the decedent prior to death that remained unpaid at the date of death, including unreimbursed medical expenses, iTEM VALUE AT DATE NUMBER DESCRIPTION _ OF DEATH 1 26. Spirit Physicians Services, Inc., balance due 16.26 27. Orthopedic Institute of PA, balance due 51.31 28. Catherine Manson, reimburse for household expenses and car inspection 234.84 29. Ryan Leppo, reimburse for copy of LaPorte Deed 1.50 30. Kantor & Tkatch Associates, balance due 13.51 31. R. Lynn Magargle, MD, balance due 93.59 32. State Employees Retirement, refund overpayment of pension 237.27 33. Danyl Guistwite, D0, balance due 19.59 34. Catherine Manson, reimburse for auto title transfer fees 73.30 35. Catherine Manson, reimburse for Camp Hill property expenses 252.62 36. Catherine Manson, reimburse for UGI repairs 121.50 37. Carlisle Medical Pathology, PC, balance due 23.05 38. Borough of Camp Hill, sewer service 300.00 39. Catherine Manson, reimburse for transportation, alarm and batteries for Camp Hill property 285.76 40. Holy Spirit Hospital, balance due 3.36 41. Catherine Manson, reimburse for travel expenses 220.00 42. UGI Heating & Cooling, new furnace Camp Hill property 775.00 43. Cropf Bros., Inc. open drain line Camp Hill property 221.00 44. Pinnacle Health Cardiovascular, balance due 30.22 45. USAA, insurance premium, 780 Cherry Street, Laporte property 170.89 46. Catherine Manson, reimburse for travel expenses 242.00 47. LaPorte Borough, municipal water service 424.00 48. Alexander Springs Emergency Physicians, balance due 5.75 49. Catherine Manson, reimburse for travel expenses 363.00 TOTAL (Also enter on Line 10, Recapitulation) ~ If more space is needed, insert additional sheets of the same size. REV-1512 EX+ (12-08) Pennsylvania SCHEDULE I DEPARTMENT OF REVENUE DEBTS OF DECEDENT, INHERITANCE TAX RETURN MORTGAGE LIABILITIES & LIENS RESIDENT DECEDENT ESTATE OF FILE NUMBER CHRISTINE M. CRIST 21-11-0915 Report debts incurred by the decedent prior to death that remained unpaid at the date of death, including unreimbursed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION _ _ ___ _ OF DEATH 1. 50. Ryan Leppo, reimburse for Camp Hill property sale sign 39.03 51. SES Insurance Brokerage Service, premium Camp Hill property 67.78 52. SES Insurance Brokerage Service, premium LaPorte property 67.78 53. Catherine Manson, reimburse for travel expenses 242.00 54. Catherine Manson, reimburse for travel expenses 121.00 55. Hartman 8 Scheuchenzuker, personal income tax preparation 1,340.00 56. Janet L. Miller, Tax Office, real estate taxes Camp Hill property 1,177.36 57. Laurie Siegfried, real estate taxes LaPorte property 326.51 58. Quantum Imaging & Therapeutic Assoc., balance due 39.77 59. ADT Security Services, monitoring charges 381.28 60. Keystone Petroleum Equipment Ltd., removal of underground oil tank 2,603.00 TOTAL (Also enter on Line 10, Recapitulation) ($ ~=1, 2 28.17 If more space is needed, insert additional sheets of the same size. REV-1513 EX+ (O1-1D) Pennsylvania SCHEDULE ~ DEPARTMENT OF REVENUE INHERITANCE TAX RETURN BENEFICIARIES RESIDENT DECEDENT ESTATE OF: FILE NUMBER: CHRISTINE M. CRIST 21-11-0915 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE I TAXABLE DISTRIBUTIONS [Include outright spousal distributions and transfers under Sec. 9116 (a) (1.2).] 1• Catherine C. Manson 432 Muncy Street, P.O. Box 295 LaPorte, PA 18626-0295 Daughter 50% 2. Jessica Crist Graybill Daughter 401 Fourth Avenue North Great Falls, MT 59401 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18 OF REV-1500 COVER SHEET, AS APPROPRIATE. II NON TAXABLE DISTRIBUTIONS A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN: i. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS: 1. 50% TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET. I $ If more space is needed, use additional sheets of paper of the same size. PSEC~k M&T Investment Group P.O.Box 220 One West High Street Carlisle, PA 17013 Re: Christine M. Myers, Deceased. Account#0174207173 Dear Ms. Myers, September 12, 2011 The account was opened on April 17, 1992. The Share accounts were held solely by Christine M. Myers. The following are the Date of Death Balances for Ms. Myers's account with PSECU: Account Date of Death Balances Interest -August 1st-16th Savings (S 1) $567.88 $0.10 Checking (S4) $283.83 $0.01 Money Market (S7) $14.02 $0.00 This account is now closed per your request. A check is enclosed for $866.02 made payable to the Estate of Christine Crist. If you have any questions, please contact me at (717) 234-8484 or toll-free at (800) 237-7328, then press 6, extension 3120. Sincerely, ana Willard Service Advisor PSECU Pennsylvania State Employees Credit Union P.O. Box 67013, Harrisburg, PA 17106-7013 • 717.234.8484 • 800.237.7328 • » psecu.com THIS CREDIT UNION IS FEDERALLY INSURED BY THE NATIONAL CREDIT UNION ADMINISTRATION. EQUAL OPPORTUNITY LEDIDER. ROWE'S AUCTION SERVICE 2505 RITNER HIGHWAY CARLISLE, PA 17015 717-249-1978 To: Jane Burke, Vice President M & T Bank 1 West High Street Carlisle, PA 17013 From: William G. Rowe, Appraiser Rowe's Auction Service 2505 Ritner Highway Carlisle, PA 17015 Re: Personal Property Appraisal Estate of Christine M. gist 1915 Walnut Street Camp Hill, PA 17011 Date: October 20, 2011 OUTSIDE Patio furniture /settee LYING ROOM Piano Drop-leaf table Matching settees (2) Occasional lounge chairs 8 settee Baskets /ceramics Wall hangings Books Prints Book shelf Melodian Art work Rug Miscellaneous household Etchings DINING ROOM Table / 6 chairs Tea set China Collectibles Rug Drop-leaf table Art work Candle stand FOYER/HALLWAYS Dry sink Oak music cabinet Pair Victorian chairs Rug $65.00 $100.00 $90.00 $130.00 $115.00 $75.00 $115.00 $90.00 $85.00 $10.00 $65.00 $25.00 $15.00 $25.00 $40.00 $325.00 $30.00 $25.00 $40.00 $65.00 $85.00 $160.00 $110.00 $250.00 $100.00 $50.00 $35.00 Krist Appraisal 1 10/20/2011 Prints $80.00 Quilt $35.00 Stand $40.00 KITCHEN Chest of drawers $250.00 Drop-leaf table $35.00 Glassware $80.00 Household $25.00 Kitchen wares $30.00 Windsor chair $100.00 BEDROOM DOWNSTAIRS !DEN /OFFICE Single bed $20.00 Books $65.00 Windsor chairs (2) $200.00 Office supplies $10.00 Saber $75.00 Rug $65.00 OFFICE Desk /chair $25.00 Office supplies $30.00 Art work $85.00 Miscellaneous household $25.00 BEDROOM Bedroom set $450.00 Costume jewelry $115.00 Wing chair $100.00 Mirror $100.00 Stand $65.00 Miscellaneous wall hangings $15.00 BEDROOM Poster bed $200.00 Rug $75.00 Cedar chest $50.00 Stands (2) $75.00 Miscellaneous household $25.00 STORAGE ROOM /DEN Sofa $15.00 Rug $25.00 Mirror $30.00 Etchings $50.00 Miscellaneous art work $65.00 BASEMENT Office desk /supplies $50.00 File cabinets $10.00 Wooden file cabinet $60.00 Rocker $25.00 Stand $10.00 Table $10.00 Miscellaneous household $30.00 Christmas items $15.00 Krist Appraisal 2 10/20/2011 Chair Cupboard GARAGE Hand tools Garden tools, etc. Ladder Bicycle $10.00 $20.00 $30.00 $20.00 $10.00 $10.00 TOTAL $5,360.00 William G. Rowe Krist Appraisal 3 10/20/2011 RCI~IN ln~ 3530 Lycoming Creek Road • Cogan Station PA 17728 (570) 494-0170 • (800) 955-ROAN • Fax (570) 494-1911 www.roaninc.com • roaninc~eamcast.net: SirtrN X945 FAIR MARKET VALUE APPRAISAL FOR THE ESTATE OF THE LATE CHRISTINE CRIST 780 CHERRY STREET LAPORTE PA DATE OF DEATH - 8/16/11 REQUESTED BY JANE BURKE, TRUST OFFICER M&T BANK OCTOBER 25, 2011 ROANhic. 3530 Lycoming Creek Road • Cogan Station PA 17728 (570) 494-0170 • (800) 955-ROAN • Fax (570) 494-1911 www.roaninc.eom • roantnceeomcast,net ,, , _ ~e ~g4 FAIR MARKET VALUE APPRAISAL FOR THE ESTATE OF THE LATE CHRISTINE CRIST 780 CHERRY STREET LAPORTE PA DATE OF DEATH - 8/16/11 REQUESTED BY JANE BURKE, TRUST OFFICER M&T BANK OCTOBER 25, 2011 KITCHEN (2) Metal frame step stools Assorted kitchen and cook ware Miscellaneous kitchen collectibles include Griswold fry pan, pottery & wooden bowls, aluminum wares, etc. BREAKFAST/DINING AREA Contemporary machine made area rug Grey stoneware jug with cobalt blue floral decoration Assorted stoneware crocks, jugs and pottery pieces Cherry six-leg drop leaf table Set of (5) mixed wood plank seat spindle-back side chairs Mixed wood two-piece blind door corner cupboard Assorted colored and decorative glassware Victorian silver plate frame pickle castor with clear glass insert Assorted housewares, decorative items, glass wares, silver plate wares, framed prints, etc. TWO BEDROOMS FIRST FLOOR/OFF OF KITCHEN Small wooden four-drawer chest, painted blue Victorian softwood frame hanging mirror with dome top Double bed complete Sheraton softwood blanket chest on tuned legs with hinged lid Blonde mahogany chest of drawers $10.00 $10.00 $55.00 $10.00 $225.00 $75.00 $100.00 $50.00 $400.00 $10.00 $25.00 $25.00 $5.00 $5.00 $10.00 $125.00 $5.00 1 RQANh~c. 3530 Lycoming Creek Road • Cogan Station PA 17728 (570) 494-0170 • (800) 955-ROAN • Fax (570) 494-1911 www,roaninc.com • roaninc@comeast,net i~tti~ ~c~.a; LIVING ROOM Brass floor lamp $5.00 Large assortment of books includes novels, knowledge, literature, etc. $25.00 Oak frame settee with slat back and cushion seat $150.00 Empire mahogany two-drawer pedestal base work table/stand $100.00 Oil table lamp with cranberry glass font, brass stem and marble base (electrified) $25.00 Small Navajo/Mexican woven table rug $10.00 Contemporary pine frame settee with cushion seat and back $20.00 Small wooden drop leaf four-leg table and magazine stand, painted black $10.00 Wrought iron floor lamp $20.00 (2) Wicker arm chairs, painted white $40.00 (3) Small antique Oriental throw rugs, worn $50.00 Contemporary machined area rug $20.00 Iron frame cloth sack chair $5.00 Softwood two-door dry sink cupboard with hinged lid top $150.00 Small Deco base world globe $10.00 Small walnut Victorian hanging corner curio shelf $15.00 Pair of gilt framed colored bird prints $10.00 Wooden Chinese checkerboard $5.00 Assorted framed prints, pictures and decorative items $10.00 FIRST FLOOR END BEDROOM Empire mahogany three-drawer dresser with mirror $75.00 Oak three-drawer one-door washstand, painted grey $25.00 Double bed complete $10.00 Sheraton softwood one-drawer work table/stand $50.00 Wooden knee hole desk and night stand, painted lavender $20.00 Maple frame director's chair with canvas seat $5.00 Frigidaire apartment refrigerator $15.00 Miscellaneous framed prints, maps and contemporary watercolor painting $10.00 Clear pattern glass oil stem table lamp, electrified $10.00 SECOND FLOOR 2 ~'~~~~ 3530 Lycoming Creek Road • Cogan Station PA 17728 (570) 494-0170 • (800) 955-ROAN • Fax (570) 494-1911 www.roaninc.eom • roanincC~eomeast,net LOFT BEDROOMS Small maple foot stool with upholstered top, as is Wooden nail keg Softwood plank seat rocker Maple rush seat bow-back ladies arm rocker Wooden chest of drawers and hanging mirror, painted yellow Rubber raft, paddles and float tubes Early Remington typewriter Wooden & rope fire escape ladder Assorted furniture pieces include beds, small wooden hanging shelf, table lamps, etc. TOTAL 3 $10.00 $5.00 $20.00 $20.00 $10.00 $50.00 $10.00 $10.00 $ 20.00 $2,200.00 ROANfic. 3530 ~ycoming Creek Road • Cogan Station PA i77z8 (570)494-0170 • (800) 955-ROAN • Fax (570) 494-1911 r www.roaninc.com • roaninc comcast.net ~r'945 Ronald W. Roan being duly sworn according to law, deposes and says that he is a member of the firm of Bob, Chuck & Rich ROAN Inc., that the within appraisement amounting to $2,200.00 and its values as fixed by himself, are the true values of the personal property recited therein to the best of his knowledge and belief. The values were determined as of October 25, 2011. The said Ronald W. Roan further swears and avers that he is an auctioneer and appraiser of personal property and further swears and avers that he qualifies as an appraiser through his profession as an auctioneer of all types of personal property including antiques, furniture, paintings, Oriental rugs, textiles, jewelry, diamonds, art, books & literary properties, firearms, machinery, farm equipment, livestock, automobiles & other items. ~i~~ Ronald W. Roan Appraiser dep. 14, 2011 2.37PM PNC BANK ~~ LEADING THE WAY September 14, 2011 M&TBatalc Catherine Mareson 1 w High St Po BoX 220 Carlisle, PA 17013 RE: Name: Christine Myers Crist SSN: 174-20-7173 DOD: 08-16-2011 Dear Ms. Manson: No. 3272 P, 1/2 i In response to your request for Date of Death (AOD) balances for the customer noted above, our records show the following: Cbeckimg Account Account # 5140117203 Established: 09-01-1978 CHRISTIlVE MYERS CRIST DOD balance: $40,222.07 + 0.35 accrued interest Savings Account Account # 5003869863 Established: 12-OS-2002 CHRISTINE NiYERS CRCST DOD balance: $1,004.27 + 0.06 accrued interest Pleasc note that this office provides date of death balac~ces for deposit accounts (IltAs, CDs, Checking and Savings). We do not pxocess any Gnancisl transactions or provide statement9..If you need assistance with aay ofthese items, please call 1-888-PNC-BANK (1-888.762-2265) or stop by your local PNC Bank branch office. sincerely, National Financial Services Center PNC Bank, N.A. Member FDIC Page 1 of 2 MBrTBa11k 499 Mitchell Road, Millsboro, DE 19966 Adjustment Services Phone 888-SC12-4349 F ax (302) 934-2955 September 6, 2011 M and T Bank One West High Street P O Box 220 Carlisle, PA 17013 Re: Estate of Christine Crist Social Security: 174-20-7173 Date of Death: August 16.2011 Dear Sir or Madam: Per your inquiry on August 31, 2011, please be advised that at the time of death, the above-nametj decedent had on deposit with this bank the following: 1. Type of Account Savings Accozznt Account Number 15004216636661 Ownership (Names o~ Christine Myers Crist Catherine C Mareson (POA) Opening Date 11/13/08 Balance on Date ojDeath $5,055.68 Accrued Interest $ .03 Total .___ .................................. . _ _. _ _ _ ___ $S, 085.71 2. Type of Account Checking Account Account Number 24635472 Ownership (Names o~ Christine Myers Crist Catherine C Mareson (POA) Opening Date 08/28/64 Balance on Date of Death $75, 727.00 Accruedlnterest $ .SI Total _____ ___ $75, 727. Sl For any additional information on the above accounts, including ownership and any changes, closures and/or reimbursement of funds, please call the West Shore Plaza Office at#717-731-1730. We were unable to locate any safe deposit box for the above-mentioned decedent. This letter does not include any accounts in which the deceased may have been listed as Power of Attorney, Custodian of Uniform Transfers, Representative Payee, or Trustee under a Written Agreement Sincerely, Tammy Spencer Adjustment Services Thrivent Financial for Lutherans® Securities offered through Thrivent Investment Management Inc., 625 Fourth Ave. S., Minneapolis, MN 55415-1665, 4321 N. Ballard Road, Appleton, WI 54919-0001 a wholly owned subsidiary of Thrivent Financial for Lutherans. Thrivent.com • 800-THRIVENT (800-847-4836) Member FINRA and SIPC. September 28, 2011 M&T Investment Group Attn: Jane F Burke, Vice President P O Box 220 One West High Street Carlisle PA 17013 Subject: Christine Myers Crist, Deceased Variable [RA Annuity Contract LC3397051 and Agreement 9221002 Dear Ms. Burke: Thank you for your letter. Christine Myers Crist held Variable Annuity IRA Contract LC3397051 at the time of her death. The date of death value is $143,738.71. Christine also held Agreement 9221002 which provides a date of death value of $68,382.66. The beneficiary(s) of this contract are Catherine Crist Mareson and Jessica Crist Graybi:ll, children. Our Financial Representative Christopher Vanhart will contact each of them and will assist them with completing their required claim documents. Christopher Vanhart can be reached at 717-525-9535. Please let us know if you have any additional questions. You may reach us at 800-847-4836. Sincerely, Lori A. Van Alem, ALHC, ACS Advanced Claims Examiner Death Claims and Service Claims Operations, Member Interactions lav cc: Christopher Vanhart 0165 45433 Christine Myers Crist, deceased, 505628122 ~ ocr s eon ~~ N N N 0 m a cn WU Z Q 0 Q Q m S ~ Q U f-- O Z ~ N O Q N () N W ~ D ~ O ~ ~ N In to -~ ~ _ M N U ~ w U te ~ ~ uJ a . 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APPRAISAL OF LOCATED AT: 1915 Walnut Street Camp Hill, PA 17011 FOR: Ryan M. Leppo, AVP M&T Investment Group, 3607 Derry Street Harrisburg, PA 17111 BORROWER: N/A AS OF: August 16, 2011 BY: William F. Rothman, IFAS Ryan M. Leppo, AVP M&T Investment Group, 3607 Derry Street Harrisburg, PA 17111 File Number: 11-016SC In accordance with your request, I have appraised the real property at: 1915 Walnut Street Camp Hill, PA 17011 The purpose of this appraisal is to develop an opinion of the market 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 market value of the property as of August 1s, 2011 is: $210,000 Two Hundred Ten Thousand Dollars The attached report contains the description, analysis and supportive data for the conclusions, final opinion of value, descriptive photographs, limiting conditions and appropriate certifications. r 7 William F. Rothman, IFAS Uniform Residential Appraisal Report File NO. 11-016SC The purpose of this summary appraisal report is to provide the lenderlclient with an accurate, and adequately supported, opinion of the market value afthe subjea property. Pro Address 1915 Walnut Street C' Cam HIII State PA Zi Code 17011 Borrower N/A Ovmer of Public Record Christine M. Crest co Cumberland _ Le Descri lion Deed Book U19 Pa a 383 Cumberland Coun Recorder of Deeds Assessor's Parcel # 01-21-0269-210 Tax veer 2011 R.E. Taxes $ 4 273.66 __ Nei hborhood Name M Reference 21-0269-210 Census Traa 105 Occ Owner Tenarn X Vararn S delASSessmern5$ None PUD HOA$ N/A er ar ernronih Pro a R' his A raised X Fee Sim le Leasehold Other describe _ ' ment T e Purchase Transaction Refinance Transaction X Other describe Estate as of Au ust 16 2011 _ LenderlCliern R an M. L o AVP Address M&T Investment Grou 3607 Der Street Harrisbur PA 17111 __ Is the sub'ea o e curve offered for sale w has b been offered fir sale in the twelve months rior to the effective date of this sisal? Yes X No Report data source(s) used, offering price(s), and date(s). NOt Applicable. I did X did not analyze the contras for sale for the subjea purchase transaction. Explain the resins of the anaysis of the contras for sale or why the anaysis was not perfom>ed. No existin sales contract for the sub'ect roe • Contras Price $ Date of Contras Is the roe seller the owner of ublic record? 'Yes No Data Sources _ Is there arty financial assistance (loan cflarges, sale coricesions, gift or downpayment assistance, etc.) to be paid by any parry on behalf of the borrower? Yes No If Yes, report the total dollar amourn and describe the items ro be paid. N!A Note: Raceend the vela/ com altlon offha na hborh ood era not vales/ factors. NalphbarhootlChar~edrbtle On-UNtMauNrtp Tnreda OrtrUrittlauaprp PnaarrtLatW 14x9! Logtion Urban X Suburban Rural Pro a Valires Increasin X Stable Dedinin PRICE AGE One-Unit 90 % Bull-U X Over 75% 25-75% lJr~er 2596 Demend5u Shona e X In Balance Over Su 000 _ 2-0 Unit 5 % Growth R id X Skiable Slow Marketin Time Under 3 mtlls 3-6 mlhs X Over 6 mths 200 Low 20 _ Multi-Farm 0 % Neighborhood Boundaries The nei hborhood is bounded b U S Routs 11 & 15 to the north and 450 li h 100+ __ Commercial 5 % west b Market Street to the south and b the Lemo ne Borou h Line to the east. 285 Pred. 65 Otrler 0 % Neighborhood Description Economically this is a middle-Gass neighborhood. The predominant land use is single-family detached dwellin s with limited residential rental and commercial ro rties alon Market Street. Market Conditions (induding support forthe above conclusgrts) See Attached Addendum Dimensions 225X100 Area 22 500 S.F./ 0.52 Acre s e Rectan tiler view Averse _ s ecificzonin classification LDR zonin Descd Lion Low Dense Rt~idential - rimaril sin le fame/ detached dwellint s. Zonin Cam /lance X Le al L al Noncornomti GrandFatltered Use No Zonin Ille al describe __ Is the highest and best use of the subjea property as improved (or as proposed per plans and specifications) tree present use? X Yes No II No, describe. Udlltlea Public Otlrer describe Public Other describe Otl-site lm rovaments-7 a Public Private Electrid X water X Street Mcadam X Gas X San' sewer X All None _ _ FEMA S cial Flood Hazard Area Yes X No FEMA Flood Zone "X" FEMA Ma # 42041 C0261 E FEMA M Date 03/16!2009 _ Are the utilities and off-site im rovemems ical tar tree madaet area? X Yes Ntl If No, describe. Are there arty adverse sae conditions or external faaars (easemerns, enaoachmems, emironmerdal condi0orts, land uses, etc.)? Yes X NO if Yes, describe. None noted Burin the site ins action. However the a raiser is not trained or skilled in the detection of contaminants or toxic materials. GENERAL DESCRIPTION r-0IAdDATION EXTERIOR DESCRIPTION rrdsleMOmdim fNTEiCOR rrla~vbul~m UnAS X One Onew7lhACCe550 Uni[ ConaeteSlab CrawlSace FaundatianWalls CinderBlOCk/Ave Fbors C t&vn I/Ave #ofStories 2 Sto X FullBasemern Partial Basement Exterior walls Cinder Block/Ave walls D IUAvera e T e X Det. Atr. S-DeUEndUnit BasemernArea 768 .n Roof surface RUbberlAvera a TrimlFinish PainUDated X Existi Pro used UnderCoresf. BasemernFnish 25% Gutrers&DOwn ours Aluminum/Ave Bath Floor vn UDated De ' n S e Contem ova X outside E IFxa sum Pum window T e Fixed & D H/Ave eatrl wainscot Enam-Fbr/Dated Year Buil 1936 Evidence of Infe9ation Storm Sashllnsulated InSUlatedlAVe Car Store a None Effttctive A e Yrs 41 X D ness Settlemern Screens Y es/Ave X Driveura # of Cars TWO Attic X None Heati FWA HVJBB Radiant Amenities WoodStove s # Drivevra Surface Macadam Dro Stair Smirs X Otlter FHA Fuel GaS X Fire laces # 1 Fence X Gar e # of Cars One Floor Scuttle Cool' X Central Air Conditionin X PatiolDeck X Porch Ca ort # of Cars Finished Heated Individual Otller Pool Otlter X Att Det Buil-in /lances X Refri eraror X Ran el0uen X Dishwasher X D' osal X Microwave X WasherlD r Other describe Finished area above ade contains 7 Rooms 3 Bedrooms 2.0 Baths 2 239 S tiara Feet of Gross Livi Area Above Grade Additional features (special energy efficiern items, etc.). NOfte Describe the condition of the property Including needed repairs, deterioration, renovations, remodeling, etc.). The chronological age of the dwelling is 75 years. The construction uali ratin for the sub-act dwellin is "Q5". The exterior walls are ainted cinder block and the Contem ra desi n inGudes a one-sto section 495 SF ~ a two-sto 1 536 SF ~ and a one-sto T-111 I Doti addition 206 SF . There is evidence of moisture in the basement manifest b eaten sent and a event mold in the finished area. There is evidence of water leaks on the walls of the addition as well as the full bath on the main level. __ Are there any physical deficiendes or adverse condtrians that afka the livability, soundness, or structural irnegriry of the propery? X Yes No If Yes, describe. See __ Attached Addendum Does the property generalty conform ro tree neighbodrood (turlctional utility, style, condition, use, conswction, etc.)? Yes X No If No, describe. The ptopertleS within the sub'ect's nei hborhood are igll traditional brick and/or frame two-sto one-and-one-half-sto or one-sto ranch dwellin s whereas the sub'ect dwellin is a Contem ra desi n constructed of cinder-block 90% and cla board 10% . ~ wPage 1 Ot fi~• ~," nn....,.«cu.w,i, ranee ma; ram ~ IOW OS 090909 Uniform Residential Appraisal Report RIeNO. 11-016SC There are 15 cam arable ro roes curre Di lated for sale in the sub'ea nei hborhood ran ' in rice hom S 220 000 ro S 379 900 There are 13 com arable sales in th subject ne ' hborhood within the ast twelve months r 'n in sale 'ce from S 106 400 ro S 315 000 FEATURE SUBJECT COMPARABLE SALEN0.1 COMPARABLE SALEN0.2 COMPARABLE SALEN0.3 1915 Walnut Street address Cam Hill PA 17011 710 Vsta Drive Cam Hill PA 17011 339 Regent Street Cam Hill PA 17011 2800 Columbia Avenue Cam Hill PA 17011 Proem' m Sub'ect roximatel 0.95 Mile NW A roximatel 0.61 Mile NW A roximatel 0.47 Mile SW sale Price b S 294 000 S 202 000 S 219 900 Sale PraelGrass LFr. Area s 0.00 . h. $ 130.67 . ft. 5 100.40 . R $ 108.97 . ft Darn sources Central Penn MLS Central Penn MLS Central Penn MLS verificatron Source s Aaron Piscione 737-6113 C nthia Billet 526-4300 Ma Ebetl 761-4 800 VALUE AD.IUSTMENTS DESCRIPTION DESCRIPTION +- s usmmr DESCRIPTION +- s DESCR~TION +- Sa usmrm sale ar Financing Contxssions Conventional Nane FHA Seller's Hel -5 000 Conventional Seller's Hel -8 500 Dare of SalelTime 12/15/2010 2/23/2011 12/31/2010 __ Lacatron Suburban Su riot -10 000 Similar Similar _ LeasehokUFee si re Fee Sim le Fee Sim le Fee Sim le Fee Sim le sire 0.52 Acre 0.50 Acre 0.19 Acre 20 000 0.28 Acre _ 15 000 Yew Avera a Avera a Avera a Avera e _ Deli n s Contem ors Slit 1.5 Sto Two Sto Two Sto ' of Corstrllution Below Avera a Avera a -20 000 Avera a -20 000 Avera a _-20 000 AtXllelA 75 +!- Years 59 +/- Years 47 +/- Years 49 +/- Years _ condition Below Avera a Avera a -20 000 Avera a -20 000 Avera a -20 D00 Above Grade rard earns tad IkihS tad erns tad erns RoomColm 7 3 2F 8 3 3F -4000 8 4 2F2H -2000 9 3 1F1H _ 1500 Gross Area 2 239 . ft 2 250 . ft 2 012 . ft 15 000 2 018 . ft _ 15 000 Basemem&Finished Roorrls6eawGrade Full, Partial Fin. 5 4 unfinished Full, Partial Fin. Two finished Full, Partial Fin. One finished Full, Partial Fin. Two finished _ wrllAOnal utrr Avera a Avera a Avera a Aver e Head Lodi Gas FHA-C/A Oil FHA-C/A 1 000 Gas FHA-C!A Oil BBHW-Wdw 4 000 Ene Elfitiemlrerlls None Ceilin Fan -1,000 Ceilin Fan -1 000 Ceilin Fan -1 000 1 Car Attached 1 Car Int rat 2 000 2 Car Attached -2 000 2 Car Attached -2 000 PorchlPatrWDeck Porch & Patio Porch & Patio Porch 5 000 Porch & Patio __ Other None Deck -3 000 Net Ad' nt otal + X - $ 55 000 + X - S 10,000 + X - S _ 19,000 Adjusted SalePdce of Co arabres Net Adj. -16.7% Grass .20.7% S 239 000 Net Adj. -5.0% Gras .44.6% S 192 000 Net Adj. -8.6% Gras .39.6% S 200 900 I X did did nm research the sale or transfer hisory of the subject property and comparable sales. If noL explain __ M research did X did rat reveal riot sales w transfers of the sub' ct roe fir the three ears riot ro the elrective date of this raisal. __ Data sources Central Penn Multi-list 10/19/2011 _ M research did X did rat reveal tar sales or transfers of the com able sales for die ear dot to the date of sale of the co able sale. __ Data sources Central Penn Multi-list 10/19/2011 _ Re the resutls of the research an ITEM d an 's of the for sale or transfer his SUBJECT s of the sub~ect ro and co ar COMPARABLE SALE N0.1 able sales re rt additional ' r sales COMPARABLE SALE N0.2 on 3 . COMPARABLE SALE N0.3 Dace of prior SaleRrarlsfer None 12/11!2008 None None __ Pdce of Pray SalelTranskr N/A $284 900 N/A N/A __ Data Sources CPMLS CPMLS CPMLS CPMLS __ EBealive Dare of Data Sources 10/19/2011 10119/2011 10/19!2011 10!1912011 Anaysisof pdor sale or transfer history of the subject property and comparable sales The SUbleCt DrODertV has not been listed or sold within three Years riot to the a raisal date. The com arable sales have not been listed or sold within one ear riot to the a raisal date. However _ Com arable Sale 1 was sold and settled a roximatel three ears riot to the a sisal date. Summary of Sales Comparison Approach. See Attached Addendum Irtdcared Value Sales Co orison roach s 210 000 Indipted Valueb :Sales COm IsonA roach5210 000 CostA roach Iftlevelo e S 234 200 Income roach }davelo 5 0 __ See Attached Addendum This appraisal is made X "as is," subject to completion per plans and specfipdons on the basis of a trypodletical cond10on that tfre improvemeras have been completed, ^ subject ro die afiavdng repairs or aberations on the basis of a hypothetical condloon that the repairs or alterations have been completed, or ^ subject to the allovdng requioed inspection based on the extraordinary assumption that the condition or deficiency does not require alteration or repair: Based on a complete visual Inspection of [he Interior entl exterior areas of the subJect property, defined scope o} work, statem ant of assum ptlons and Ilm Iting conditions, and appraiser's certlflcatlon, my (our) oplnlon of the market value, as defined, of the real property Nat Is the subJect of this report Is S 21 D,000I as of AU USt 16 2011 which is the tlate otlns ectlon and Meettecdve date o}thls sisal. r„d ..,,~„ ,,, ~~, ~ .~uQa ea~g.~, mom. aN<,..e,~, w~~o.Wm ran,e r.,~.~m Page i or 6 trot 05 09p9VJ RSR Appraisers & Analysts Uniform Residential Appraisal Report File NO.11-016SC This a sisal should be in narrative form to be in tom fiance with FIRRFA and it must conform to the Uniform Standards of Professional A sisal Practice USPAP ado ted b the A sisal Standards Board of the A sisal Foundation effective Jul _ 1, 1994. This is a Summa A sisal Re ort. COST APPIiORQI TOYALIIE(pgtngttrtd byFrmUMrfe) Provide ad uate information for the lenderlcliem to re linate the below cost tires and caladations. Support for the opinion of titevalue(summaryofwmparablelandsalesorothermethodslorestimaMgsilevalue) ArevieWOftheCampHillmafketarearevealedfour vacant residential land sales ran in from 0.29 acre to 0.59 acre. The sold rice ran a for these arcels was from $80 000 to $130 000. I choose $120.000 to re resent the land value for the sub~ect ro __ ESTIMATED REPRODUCTION OR X REPLACEMENTCOSTNEW OPINION OF SITE VALUE ........................................_$ 120000 source of cost data Marshall & Swift Residential Cost Handbook Dwell' 2 239 . Ft. s 66.92........... = S 149 834 ratio from cost service Avera a Efleubve date of cost data 6/2011 Bsmt: 768 S . Ft. 8 18.95............ = s 14 554 Comments on Cost A oath rocs Ibi area calculations, de reciation, etc. Porch & Patio 420 sf $5.60 sf _ 2 352 See Attached Addendum Gar ort 416 S . Ft. ~ g 25.60............ = S _ 10 650 Total Estimate of cast-New = S 177 390 Less 50 P 'cal Functional External _ ce reciation 57% 35% 0% = S 163 199 De reciated Cost of I rovemertLS ... ... ..................... = s 14 191 •AS-iY Value of Sine Inv rovemems ............................... = S 100 000 Estimated Remainin Economic Life HUD and VA an 9 Years INDICATED VALUE BY COST APPROACH ...................... _ $ 234 200 INOOhE APPROA(~f TOYALIE (natrpuirrd by Frnnlefrr!] Estimated Momh Market Rem $ N!A X Gross Rem Mum tier = S 0 Indica0ed Value b Income A roach _ Summary of Income Approach (including support for market rem and GRM) The InCAnte Approach W8S flOt developed dUe t0 the 18ck Of fellable market rental data for similar ro erties. PROJECT' I~FOgM11T10N FO R RIOT Of~PV~) Is the develo erlbuilder in control of the Homeowners' Assoriation OA ? Yes No Unb s Detached Attached Provide the followin information for PUDS ONLY if the develo erlbuilder is in control of the FIOA and the sub' ro is an attached dwellin unR. __ Le al name of ro ect N/A __ Total number of hales Total number of units Total number of units sold Total number of units remed Total number of units br sale Data sawce s __ Was the rri a created b the conversion of an existin buildin s into a PUD? Yes No If Yes, date of conversion. __ Dces the ro' ct contain an muhi-dwellin units? Yes No Data sources __ Are the units, common elemerns, and recreation facilites complete? Yes No d No, describe the statirs of completion. N/A _ Are the common elements leased to or b1'the Homeowners' Association? Yes No If Yes, describe the rental terms and opticns. N/A Desaibe common elements and recreational facilities. N/A P3Je 3 d 6 r°°d ~ pgpxg Uniform Residential Appraisal Report File No. 11-016:iC This report form is designed to report an appraisal of a one-unit property or a one-unit property with an accessory unit; including a unit in a planned unit development (PUD). This report form is not designed to report an appraisal of a manufactured home or a unit in a condominium or cooperative project. This appraisal report is subject to the following scope of work, intended use, intended user, definition of market value, statement of assumptions and limiting conditions, and certifigtions. Modifications, additions, or deletions to the intended use, intended user, definition of market value, or assumptions and limiting conditions are not permitted. The appraiser may expand the scope of work to include any additional research or analysis necessary based on the complexity of this appraisal assignment. Modifications or deletions to the certifications are also not permitted. However, additional certifications that do not constitute material alterations to this appraisal report, such as those required by law or those related to the appraiser's continuing education or membership in an appraisal organization, are permitted. SCOPE OF WORK: The scope of work for this appraisal is defined by the complexity of this appraisal assignment and the reporting requirements of this appraisal report form, including the following definition of market value, statement of assumptions and limiting conditions, and certifications. The appraiser must, at a minimum: (1) perform a complete visual inspection of the interior and exterior areas of the subject property, (2) inspect the neighborhood, (3) inspect each of the comparable sales from at least the street, (4) research, verify, and analyze data from reliable public andlor private sources, and (5) report his or her analysis, opinions, and conclusions in this appraisal report. INTENDED USE: The intended use of this appraisal report is for the lenderlclient to evaluate the property that is the subject of this appraisal for a mortgage finance transaction. INTENDED USER: The intended user of this appraisal report is the lenderlclient. DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a competitive and open manket under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby: (1) buyer and seller are typically motivated; (2) both parties are well informed or well advised, and each acting in what he or she considers his or her own best interest; (3) a reasonable time is allowed for 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. 'Adjustments to the comparables must be made for special or creative financing or sales concessions. No adjustments area necessary for those costs which are normally paid by sellers as a result of tradition or law in a market area; these costs are readily identifiable since the seller pays these costs in virtually all sales transactions. Special or creative financing adjustments can be made to the comparable property by comparisons to financing terms offered by a third party institutional lender that is not already involved in the property or transaction. Any adjustment should not be calculated on a mechanical dollar for dollar cost of the financing or concession but the dollar amount of any adjustment should approximate the market's reaction to the financing or concessions based on the appraiser's judgment. STATEMENT OF ASSUMPTIONS AND LIMITING CONDITIONS: The appraiser's certification in this report is subject to ttie following assumptions and limiting conditions: 1. The appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the title to it, except for information that he or she became aware of during the research involved in performing this appraisal. The appraiser assumes that the title is good and marketable and will not render any opinions about the title. 2. The appraiser has provided a sketch in this appraisal report to show the approximate dimensions of the improvements. The sketch is included only to assist the reader in visualizing the property and understanding the appraiser's determination of its size. 3. The appraiser has examined the available flood maps that are provided by the Federal Emergency Management Agency (or other data sources) and has noted in this appraisal report whether any portion of the subject site is located in an identified Special Flood Hazard Area. Because the appraiser is not a surveyor, he or she makes no guarantees, express or implied, regardincl this determination. 4. The appraiser will not give testimony or appear in court because he or she made an appraisal of the property in question, unless specific arrangements to do so have been made beforehand, or as otherwise required by law. 5. The appraiser has noted in this appraisal report any adverse conditions (such as needed repairs, deterioration, the presence of hazardous wastes, toxic substances, etc.) observed during the inspection of the subject property or that he or she became aware of during the research involved in performing this appraisal. Unless otherwise stated in this appraisal report, the appraiser has no knowledge of any hidden or unapparent physical deficiencies or adverse conditions of the property (such as, but not limited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) that would make the property less valuable, and has assumed that there are no such conditions and makes no guarantees or warranties, express or implied. The appraiser will not be responsible for any such conditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist. Because the appraiser is not an expert in the field of environmental hazards, this appraisal report must not be considered as an environmental assessment of the property. 6. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to satisfactory completion, repairs, or alterations on the assumption that the completion, repairs, or alterations of the subject property will tie pertormed in a professional manner. Uniform Residential Appraisal Report FIeNO. 11-016SC APPRAISER'S CERTIFICATION: The Appraiser certifies and agrees that 1. I have, at a minimum, developed and reported this appraisal in accordance with the scope of work requirements stated in this appraisal report. 2. I performed a complete visual inspection of the interior and exterior areas of the subject property. I reported the conditicm of the improvements in factual, specific terms. I identified and reported the physical deficiencies that could affect the livability, soundness, or structural integrity of the property. 3. I performed this appraisal in accordance with the requirements of the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place Elt the time this appraisal report was prepared. 4. I developed my opinion of the market value of the real property that is the subject of this report based on the sales comparison approach to value. I have adequate comparable market data to develop a reliable sales comparison approach for this appraisal assignment. I further certify that I considered the cost and income approaches to value but did not develop them, unless otherwise indicated in this report. 5. I researched, verified, analyzed, and reported on any current agreement for sale for the subject property, any offering for sale of the subject property in the twelve months prior to the effective date of this appraisal, and the prior sales of the subject property for a minimum of three years prior to the effective date of this appraisal, unless otherwise indicated in this report. 6. I researched, verified, analyzed, and reported on the prior sales of the comparable sales for a minimum of one year prior to the date of sale of the comparable sale, unless otherwise indicated in this report. 7. I selected and used comparable sales that are locationally, physically, and functionally the most similar to the subject property. 8. I have not used comparable sales that were the result of combining a land sale with the contract purchase price of a home that has been built or will be built on the land. 9. I have reported adjustments to the comparable sales that reflect the market's reaction to the differences between the subject property and the comparable sales. 10. I verified, from a disinterested source, all information in this report that was provided by parties who have a financial interest in the sale or financing of the subject property. 11. I have knowledge and experience in appraising this type of property in this market area. 12. I am aware of, and have access to, the necessary and appropriate public and private data sources, such as multiple lisl;ing services, tax assessment records, public land records and other such data sources for the area in which the properly is localted. 13. I obtained the information, estimates, and opinions furnished by other parties and expressed in this appraisal report from reliable sources that I believe to be true and correct. 14. I have taken into consideration the factors that have an impact on value with respect to the subject neighborhood, subjerct property, and the proximity of the subject property to adverse influences in the development of my opinion of market value. I have noted in this appraisal report any adverse conditions (such as, but not limited to, needed repairs, deterioration, the presena~ of hazardous wastes, toxic substances, adverse environmental conditions, etc.) observed during the inspection of the subject property or that I became aware of during the research involved in pertorming this appraisal. I have considered these adverse conditions in my analysis of the property value, and have reported on the effect of the conditions on the value and marketability of the sulbject property. 15. I have not knowingly withheld any significant information from this appraisal report and, to the best of my knowledge, all statements and information in this appraisal report are true and correct. 16. I stated in this appraisal report my own personal, unbiased, and professional analysis, opinions, and contusions, which are subject only to the assumptions and limiting conditions in this appraisal report. 17. I have no present or prospective interest in the property that is the subject of this report, and 1 have no present or prospective personal interest or bias with respect to the participants in the transaction. I did not base, either partially or completely, my analysis andlor opinion of market value in this appraisal report on the race, color, religion, sex, age, marital status, handicap, familial status, or national origin of either the prospective owners or occupants of the subject property or of the present owners or occupants of the properties in the vicinity of the subject properly or on any other basis prohibited by law. 18. My employment andlor compensation for pertorming this appraisal or any future or anticipated appraisals was not conclitioned on any agreement or understanding, written or otherwise, that I would report (or present analysis supporting) a predetermined specific value, a predetermined minimum value, a range or direction in value, a value that favors the cause of any party, or the attainment of a specific result or occurrence of a specific subsequent event (such as approval of a pending mortgage loan application). 19. I personally prepared all conclusions and opinions about the real estate that were set forth in this appraisal report. If I relied on i significant real property appraisal assistance from any individual or individuals in the performance of this appraisal or the preparation of this appraisal report, I have named such individual(s) and disclosed the specific tasks pertonned in this appraisal report. I certify that any individual so named is qualified to pertorm the tasks. I have not authorized anyone to make a change to any item in this appraisal report; therefore, any change made to this appraisal is unauthorized and I will take no responsibility for it. 20. 1 identified the lender/client in this appraisal report who is the individual, organization, or agent for the organization that ordered and will receive this appraisal report. 21. The lender/client may disclose or distribute this appraisal report to: the borrower; another lender at the request of the borrower; the mortgagee or its successors and assigns; mortgage insurers; government sponsored enterprises; other secondary marN;et participants; data collection or reporting services; professional appraisal organizations; any department, agency, or instrumentality of the United States; and any state, the District of Columbia, or other jurisdictions; without having to obtain the appraiser's or supervisory appraiser's (if applicable) consent. Such consent must be obtained before this appraisal report may be disclosed or distributed to any other party (including, but not limited to, the public through advertising, public relations, news, sales, or other media). re nuc corm ro ~rn mos v.oe~me ~~~ nci Ammar., eoo z3..s~zi w.w+a~r«.e<am Famie rue ram iaoa nwm sacs Pege 5 alb roan as osoeoe un~torm Residential Appraisal Repoli FIeNo. 11-016SC 22. I am aware that any disclosure or distribution of this appraisal report by me or the lenderlclient may be subject to certain laws and regulations. Further, I am also subject to the provisions of the Uniform Standards of Professional Appraisal Practice that pertain to disclosure or distribution by me. 23. The borrower, another lender at the request of the borrower, the mortgagee or its successors and assigns, mortgage in:>urers, government sponsored enterprises, and other secondary market participants may rely on this appraisal report as part of any mortgage finance transaction that involves any one or more of these parties. 24. If this appraisal report was transmitted as an "electronic record" containing my "elecVOnic signature," as those terms ane defined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of this appraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable and valid as if a paper version of this appraisal report were delivered containing my original hand written signature. 25. Any intentional or negligent misrepresentation(s) contained in this appraisal report may result in civil liability and/or criminal penalties including, but not limited to, fine or imprisonment or both under the provisions of Title 18, United States Code, Section 1001, et seq., or similar state laws. SUPERVISORY APPRAISER'S CERTIFICATION: The Supervisory Appraiser certifies and agrees that 1. I directly supervised the appraiser for this appraisal assignment, have read the appraisal report, and agree with the appraiser's analysis, opinions, statements, conclusions, and the appraiser's certification. 2. I accept full responsibility for the contents of this appraisal report including, but not limited to, the appraiser's analysis, opinions, statements, conclusions, and the appraiser's certification. 3. The appraiser identified in this appraisal report is either asub-contractor or an employee of the supervisory appraiser (or the appraisal firm), is qualified to perform this appraisal, and is acceptable to perform this appraisal under the applicable state law. 4. This appraisal report complies with the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the time this appraisal report was prepared. 5. If this appraisal report was transmitted as an "electronic record" containing my "electronic signature," as those terms an> defined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of this apipraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable and valid ass if a paper version of this appraisal report were delivered containing my original hand written signature. APPRAISER SUPERVISORY APPRAISER (ONLY IF REQUIRED) 1 t 1 ~ 1 Signature , ~ %:, ~.~~ ~ _` ---__.. Name William F. R than, IFAS Company Name RSR Appraisers & Analysts Company Address 3 Lemoyne Drive, Suite 100 Lemoyne, PA 17043 Telephone Number 717-763-1212 Email Address brothmanCa~rsrrealtors.com Date of Signature and Report October 24, 2011 Effective Date of Appraisal August 16, 2011 State Certification # GA 000303 L or State License # or Other (describe) State # PA State Expiration Date of Certification or License 6/31/2013 Signature _ Name __ Company Name __ Company Address __ Telephone Number ___ Email Address Date of Signature _ State Certification # __ or State License # _ State Expiration Date of Certification or License ADDRESS OF PROPERTY APPRAISED 1915 Walnut Street Camp Hill, PA 17011 APPRAISED VALUE OF SUBJECT PROPERTY $ 210,000 LENDER/CLIENT Name Company Name Ryan M. Leppo, AVP Company Address M&T Investment Group, 3607 Derry Street Harrisburg, PA 17111 Email Address rleppoCD_mtb.com SUBJECT PROPERTY ^ Did not inspect subject property ^ Did inspect exterior of subject property from street Date of Inspection __ X^ Did inspect interior and exterior of subject property Date of Inspection October 18, 2011 COMPARABLE SALES ^ Did not inspect exterior of comparable sales from street Q Did inspect exterior of comparable sales from street Date of Inspection October 20, 2011 PeIJ260t6 i09a 0509990P RSR Appraisers 8 Analysts ADDENDUM Borrower: N!A File No.: 11-016SC __ Property Address: 1915 Walnut Street Case No.: _ City Camp Hill State: PA Zip: 17011 Lender: Ryan M. Leppo, AVP Neighborhood Market Conditions The subject market area is the Camp Hill Borough of Cumberland County. During the past twelve months thirteen comparable units were sold and settled within the subject market area at prices ranging from $106,400 to $315,000. Thr:re are currently fifteen comparable properties listed for sale with asking prices ranging from $220,000 to $379,900. The average sold price for the subject's neighborhood is $289,191. The average time on the market from listing to settlement is 213 days, or approximately seven months. There is currently one property sold pending settlement. For the period 200E1 through 2010 the number of units sold, within the subject's market area has declined; the average days on the market has increased; and the average sold price has fluctuated, but is essentially unchanged. Central Pennsylvania and Market Conditions The Central Pennsylvania Market area consists of Dauphin, Lebanon, Lancaster, York, Adams, Cumberland, and Perry Counties. In general, the Central Pennsylvania residential real estate market increased from 2003 through 2007 and declined slightly from 2008 through 2010. However, the subject's market has been relatively flat with regard to the average sale prices during the 2010 and 2011 sales year. The average market time -Listing to Settlement - is 316 days. The review of the 2008-2010 sales data compiled by the Central Penn Multi-list reveals a 5.25% decline in average sale prices. However, considering the sales data for comparably valued properties in the West Shore market area, there is no clear indication of an increasing of a decreasing price Vend in the subject's market segment. Real Estate Tax Calculation Tax Item Rate Millage Assessed Value Tax Amount Coun 2.045 0.002045 $237,100.00 $484.87 Library 0 0 $237,100.00 $0.00 Munici ali 3.022 0.003022 $237,100.00 $716.52 School 20.45 0.012958 $237,100.00 $3,072.27 Millage= 25.517 0.018025 Total Tax = $4,273.66 2011 Real Estate Tax Data -Cumberland County Physical Deficiencies or Adverse Conditions The condition rating for the dwelling is "CS". The improvements feature obvious deferred maintenance and are in need of repairs. The functional utility and overall livability is somewhat diminished due to condition, but the dwelling remains useable and functional as a residence. The main mechanical and electrical systems do not appear to have been updated, including bathrooms, plumbing, and the kitchen appliances. In general, the interior of the dwelling shows evidence of deferred cosmetic maintenance and the T-111 Plywood addition shows some evidence of physical deterioration. The lot is generailly level with some sloping in the area of the dwelling to the east of the parcel. There is no evidence of external depreciation. Comments on Sales Comparison D/SCUSS/On: There were thirteen sales during the past year, within the subject's immediate neighborhood, that were considered similar to the subject. However, there were no sales of contemporary type homes within the market area. Three residential properties that sold and settled within the past nine months were selected from the thirteen candidates identified during the market search and used for the Sales Comparison Approach. While the selected sales are traditional style 1.li and 2.0 story dwellings rather than contemporary, the gross living area is similar and there is no evidence in the CPMLS market data indicating value d'rfferences related to dwelling style. The selected sales are considered to be the most similar, available from the market data, to the subject in terms of location, conditions of the sale, market timing, gross living area, and functional utility. Exp/ain/ng ofAd/ushnents: Sales 2 & 3 were adjusted downward for the seller help. Sale 1 was adjusted downward for neighborhood quality and location relative to the subject. The subject's lot size is larger than Sales 2 & 3 and they were adjusted upward for the economy-of-scale principle. Considering the discussion of the quality of construction and the condition of the subject, extraordinary downward adjustments were taken for these factors, for all sales. No adjustments were taken for age because the subject and all comparable sales were at or near the end of the normal expected life, not considering maintenance. All sales were adjusted downward for room configuration and Sales 2 & 3 were adjusted upward for gross living area. Various adjustments were made to each sale for functional, environmental, non-living area configuration, and amenities. All other conditions of the sale were considered similar and all sales were settled within eight months of the appraisal date. /W/e• Due to the unique nature of the construction and condition of the subject relative to the sales available from the market study, extraordinary adjustments were necessary and as a result the normal parameters 1'or net adjustment (Comp 1) and gross adjustment (Comp's 2 8 3) were exceeded. Condus/dn: The Sales Comparison Approach, market study, produced an adjusted value range of $192,000 to $239,000 with a mean adjusted value estimate of $210,600 (rounded) for the subject property. Choose 5210, 000 as the estimate of value for the subject. Addendum Page 1 of 2 ADDENDUM Borrower: N!A File No.: 11-016SC __ Property Address 1915 V1lalnul Street Case No.: _ City Camp Hill State: PA Zip: 17011 _ Lender: Ryan M. Leppo, AVP Final Reconciliation The Comparable Sales Approach yielded an estimated value, based on market data, of $210,000. The Cost Approach, which normally sets an upper limit value, produced an estimated value of $234,200 (rounded). The Cost Approach tends to be less accurate for older properties, while the Sales Comparison Approach tends to be more accurate in studies with sufficient comparable sales. Therefore, based on the foregoing. appraisal analysis, I choose $210,000 as the reconciled estimate of value for the subject properly. Cost Approach Comments The Cost Approach generally establishes an upper limit to value for newer improved properties. However, the Cost Approach is considered less reliable than the Sales Comparison Approach for older improved properties. The data used in this Cost Study is taken from the Marshall & Swift Residential Cost Handbook; pages AVE-21, AVE-28, AVE-29, and E-12. Due to the age of the subject, the Cost Approach, for this appraisal was developed as a confirmation of the value estimate derived from the Comparable Sales Approach. Note that a 35°k factor was levied as Functional Depreciation to account for the unusual cinder block construction and deferred maintenance issues discussed in this report. Addendum Page 2 of 2 Market Conditions Addendum to the Appraisal Report FileNa. 11-016SC The purpose of this addendum is ro provide the lenderlcliem with a dear and accurate understanding of the market trends and conditions prevalem in the subject neighborhood. This is a required addendum for atl sisal re r5 witll an effective date on or after A dl 1, 2009. _ Pro Address 1915 Walnut Street C' Cam Hill stare PA L Code 17011 Borrower N!A Instructions: The appraiser must use the inrorrnation required on this form as the basis for hislher conclusions, and must provide support br tlwse condusions, regarding housing trends and overatl market conditions as reported in the Neighborhood section of the appraisal report brm. The appraiser must fill in all the inbmnaaon ro the exlem fl is available and reliable amt must provide analysis as indicated below. If any required data is unavailable or is considered unreliable, the appraiser must provide an explanation. tt s recegnaed that not all data sources will be able to preside data for the shaded areas heknv; if a is available, however, dre appraiser must irnclude the data in the analysis. ff data souses provide the regried mfonnation as an average instead of the nieden, th appra6er stnub report the available figue and identify fl as an average. Sales and listings must he properties tllat compete with the subject property, rletermined by appying the criteria that would be used h a ro ectlve bu er of the sub' ro .The raiser must a Win arwmalies in the data such asseasornal rxwcomUUCtion rorecbsures etc. Prior 7-12 Montle Prior 4fi Months Currem - 3 Monhs Overatl Trend Total # of Comparable Sake (Settled) 6 1 2 kncreasing X Stable [leclining Absorption Rate (Total SaleslMOmhs) 1.00 0.33 0.67 Inaeaskg X Stable Declining Total # of Comparable Arave Listings 15 Oxiiq Suhle Monhs of Fbusirg S PN (TOWI ListirgslAb.Rak) 22.39 Stkhle IMetLe11 gale t LLRRIos, pt7M, SaIdLNt% Prbr 7-12 Momhs Prior 4~ Montle Cunem- 3 Montlns Overall Trend Median Conipareble Sale Price 239 950 313 000 273 000 Inaeaskg X Stable Cedining Median Comparable Saks Days on Market 85 388 81 X Stable Increasing Median Comparable List Prkz 284 900 StiNe Median Corrgarabk Longs Days on Market 102 ~9 Sm61e I Median Sale Price as %of List Price 96% Inaeavrng X Stable Deckning Setler-(devebper, buider, ero.)paid financial asistance prevalem? Yes X No Decliwlg X Stable Increasing Explain in detail the seller concessions trends for the past 12 months (e.g., seler contributions increased from 345 ro 5%, increasing use of hlydoxins, cbsing costs, condo fees, options, etc.). Two of thirteen com arable sales Burin the ast twelve months indicated seller financial assistance with bu er Gosin costs. While there is evidence of seller hel in the sub'ect market the data does not indicate revalence. There is little evidence of "bu downs" and seller contributions to transactions a ear to be relative) stable. Are foreclosure sales (REO sales) a facror in the market? Yes X No If yes, explain (including the trends in listings and sales of bredosed properties). There is no evidence that REO sales are a si nificant factor in the sub~ect market area or value ran e. cite data sources for above inbrmaton. See the Text Addenda. ' Summarize [he above information as support for your conclusions in the Neighborhood section of the appraisal report form. If you used arty additional inbmxltion, such as .an analysis of pending sales andlor expired and wflhdrawn listings, tc formulate your conclusions, provide both an expansion and support br your conckrsions The above data is enerall consistent with the market stud r orted in the Nei hborhood Market Conditions of the A sisal Ike ort. The three to six month data is skewed due to the sin le observation when com ared to the twelve months of market data while the median observations for the other two time nods a ear consistent with the stud . tithe sutrject is a unk in a condominium or cooperative project, complete the following: Project Name: Subject Prajerx Data Prior 7-12 Monhs Prior 4-6 Momhs Cunen[ -3 Momhs Overall Trend Tonal # of Comparable Saks (Settled) Irxreasing Stable Declining Absorption Rate (ToWI SaleslMOntis) Increasing Stable Declining Total # of Acute Comparable Listings y'pyg ~ Momhs of Unfl Suppy (Total ListingslAh. Rate) Subk InlOeaeYtp Are foreclosue sales (REO sales) a faction in the project? Yes No If yes, indicate the number of REO listings and e9~lain the trends in listings and sales of foreclosed properties. N!A Summar¢e tire above trerxis and address the impact on the subject unit and project. N/A APPRAISER SUPERVISORY APPRAISER (ONLY IF REQUIRED) h /~ ! , ' ~ .7 Signature ~ :, ! ~ i ~ -~-- ° _ Signature __ Name William F. R th'r~tan, IFAS Name __ Company Name RSR Appraisers & Analysts Company Name ___ Company Address 3 Lemoyne Drive, Suite 100 Company Address __ Lemovne, PA 17043 State License/Certification # PA State State License/Certification # State ___ Email Address brothman[D_rsrrealtors.com Email Address v m mx ronn iwarx: marm zw9 PB JE 1°11 IOOMIC 10090909°9 SUBJECT PROPERTY PHOTO ADDENDUM Borrower: NtA File No.: 11-o16SC Property Address: 1915 Walnut Street Case No.: Ciry: Camp Hill State: PA Zip: 17011 Lender: R an M. Le o AVP FRONT VIEW OF SUBJECT PROPERTY Appraised Date: August 1 s, 2011 Appraised Value: $ 21 0,000 REAR VIEW OF SUBJECT PROPERTY STREET SCENE FLOORPLAN Borrower: N!A File No.: 11-016SC _ Property Address' 1915 Walnut Street Case No.: _ rin!' Camp Hill State: PA Zip: 17011 _ Lender: R an M. Le o AVP Office 48' ~r74 First Floor 1,471 SF 'x e Patio ~~~ DminglLiving 16' 21' m ~ 7T Y Sir Hal a 13' rash ctal Den F. Balk m 26' o ~. U 25' 16' Bedroan F Bath Second Floor o 16' T68 SF 0 0 0 m ~ Hal Sfar m 48' Sbrage Basement unlity uns,i~r,m 768 SF 22% f finished Sher 16' Office I 1f8SF Ufocf~ Hal 48' Borrouuer: NIA File NO.: 11-016SC ___ Property Address 1 s15 walnut Street Case No.: ___ City Camp Hill State: PA Zlp: 17011 Lender: R an M. L AVP Full Bath Full Bath Kitchen PmEU¢E ~sng FCI sPlNnre.80023d.8R]vmw.atixea.com PNT3101~X110 Borrower: N!A File No.: 11-o16SC ___ Property Address: 1 s15 Walnut Street Case No.: __ City: Camp Hill State: PA Zip: 17011 ___ Lender: R an M. L o AVP Bedroom Bedroom Bedroom c~a~ree ~ ad mnware. e~o.ze~.emwwwaw,ro,.om oxn ioiemio Borrower: WA File No.: 11-016SC __ Properly Address:l s15 Walnut Street Case No.: ___ City: Camp Hill State: PA Zip: 17011 ___ Lender: R an M. Le o AVP ;~~~ i+ i ° S ~~ ` ~ 1- ~~ ,,, ~ ,,, Living-Dining Room Study First Floor Office PNEWN'Einy pLl4fi•AR. AOOTNEl2]IUw.vaCN2Emin PHT] 10181010 Borrower: N!A File No.: 11-o16SC __ Properly Address 1915 Walnut Street Case No.: ___ City Camp Hill State: PA Zip: 17011 ___ Lender: R an M. L AVP Basement Office Basement Water Damage Basement Water Damage ProtlucM using ACI soM1ware.800131.8"R) wwx.ecnseC.mm PMiI tO18101t Borrower: N/A File No.: 11-016SC _ Property Address 1915 walnut Street Case No.: ___ City' Camp Hill State: PA Zip: 17011 ___ Lender: R an M. Le o AVP Basement Water Damage Office Corridor Water Damage Office Water Damage PIOaLLTC isuq ACI mlMam. Aoo336.8]z] w+nv.ecime.mm oHT)1o18z010 COMPARABLE PROPERTY PHOTO ADDENDUM Borrower: NIA File No.: 11-018SC ~_ Property Address 1915 walnut Street Case No.: ___ City Camp Hill State PA Zlp: 17011 ___ Lender: R an M. Le o AVP COMPARABLE SALE #1 :, 710 Vista Drive Camp Hill, PA 17011 Sale Date: 12!15!2010 Sale Price: $ 294,000 COMPARABLE SALE#2 339 Regent Street Camp Hill, PA 17011 Sale Date: 2/23!2011 Sale Price: $ 202,000 COMPARABLE SALE#3 2800 Columbia Avenue Camp Hill, PA 17011 Shce Date: 12/31!2010 Sale Price: $ 219,900 LOCATION MAP Borrower: NIA File No.: 11-o1sSC _ Property Address:1915 Walnut Street Case No.: City: Camp Hill State: PA Zip: 17011 _ Lendef: R an M. Le AVP - _ ~~ III ~ II ,. \ ~I { KaIREN CT - ~'`.~ ~ di P~ ~ ~ I p `; Coventry CJOSe v~ \ , \ I ( SA~'T III i~ 6 -:~ ~NG~1 ~~ ~\ t` CG~ry~ }, ~ t. Ij SEP . '~'~.,... •\ Y ' till ' pP~ bQ- ~ ~ Y` ; f 405E ;_QO ~~a \'PO \ .. -' 4 l ~ ~ l - ~?~' G e. alA4CptORF C7 ~ i ' ~~ 04 ~ {~ ~• INSFER gWD ~ ~~ 1 - \ •I JP ~°, ~ WEStM ~~ A!f. ~~.. c O ~~. t i ~~' ~ ~ , . Htt~ L q ,WC3tt __ '"~ \s~4e $g \ '.Y,i t` 'yid $ 4 ~~~_'~;. ; ~` t .,. .. 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'..c~y ~ ~ 4 ~ . - - _ ..-~ you E r' O a r .d `iyi t° . _ \t \. g • fl Data use subject to license. pl ®DeLortne DeLormeStreetAtlasUSA02011_ lYl 0 8D0 1600 2900 ]200 a0D0 ~ www delorme com MN (11.2° W) Data Zoom 13-0 Thumbnails Fle No. 11-016SC Thumbnails File No. 11-016SC ~~ ~/ Extra Photo 3 Sales Comp. 1 Sales Comp. 2 Sales Comp. 3 fi-^YF it 1~~' ..; ~e Location Map ADDENDA • Tax Assessment Data • Deed/Legal Description • Zoning Information • Appraiser Resume • Engagement Letter Tax Report Page Full Report Master District 01 Owner Name GRIST, CHRISTINE M Parcel ID 01210269210 Mail Addr 1915 WALNUT STREET Property Addr 1915 WALNUT ST Mail Addr2 CAMP HILL PA 17011 City State Zip CAMP HILL PA 17011 3854 Subdivision Owner Display CHRISTINE M GRIST House Number 1915 Last Sale Date Year Built 1936 Last Sale Price Property and Owner Information Plat Image Properly Type R RESIDENTIAL BUILDING Care of Name Land Use Code 101 RESIDENTIAL 1 FAMILY School District 2 Land Description LAND LESS THAN 1 ACRE Neigborhood 110 Lot Condo Unit ID Census Tract 105 Latitude -76.917008 Census Blk Grp 0 Longitude -40241185 Assessment Values Land Value $74,300.00 Building Value $162,800.00 Total Value $237,100.00 Clean And Green Transfer (Sale) History Suilding Characteristics Year Built 1936 Deeded Acres 0.51 Eff Year Built 1970 Stories 2 Living Area SF 2239 Dwelling Type DETACH Living Area Factor 68.68 Sewer Type PUBLIC Living Area Total 153775 Road Type PAVED Limiting Factors Water Source PUBLIC Page 1 of 2 hitp://cpml.paragonrels.comlParagonLS/Reports/TaxReport.mvc?listingIDs=1082&uruqu... I U/10/2011 SUBJ: 1915 Walnut St, Camp Hill PA TAX ID: 01-021-0269-210 \~.~ c c w;`i~!'S"'>~i~.:'~." s"""u~ nw-a..w awr ~p~ ly PAfriJChJt ~~ eel, ~ ~ . # ~ "~ in the Year , . YADB TH6 ~ °f efaErLo-dopstAoasaadninehandrad sixty (1880) 88l"WNSN 'HEit< 8. MANNING, xidox, Cauaty of ¢uabarland, and Btat• o of the Borough of Caap Hill, f Yenasylvania, party of th• first part, 1• G,anlor , K. and RCHERT G. GRIST •nd CRRISTINS~CRIST, his rife, of the eaaaplace, Grantssa C E C G C R+1TN6338TA, that in aonetderotion o! Twenty Pivs Thousand Pive Rundred <323,500.00)____.._____- Dollars, N 8aad paid, tht reuipt soAeno/ ie hereby oekaoEObdoed, tks said grantor do e s Mreby grant and aoneeY to the said pranta0 . ALL That certain lot or piece of land situate in the Borough of Caap Ai11, County of Cumberland, and State of Peaaayl- vania, bounded and deaeribad as foiloxs, to xi t: BEGINNING at a point on the south aid• of Nalaut Street, said point being the northeast corner of Lot df R. F. Sigler, Poraerly Janes lstteraoa; thence •loag the southern iin• of lfalaut Straat aastxardly one hundred (100) feet to line of Lot of S. G. Ael3araan; thence aouthsardly, along She line of said iot of S. G. Neilaraan, two hundred treaty (220} feet to • point, the said point being the northeast corner of lot of Freak N. Hruabaughl thence along the sus wsatxardly one hundred (100) feet to line of said lot of H. F, Sigler; thence by the ease aorthrardly txo hundred twenty (220) feet to Aalaut Street, the place of Beginning. Raving thereon erected a txo story oaaant block dwelling house, No. 1815 Aslaut Street, Caap Rill, lenasylvaaia. BEING the seas premises which Alice B. Bricker, widow, by deed dated Noveaber 18, 1998 sad recorded is the Cuaberiaad County Reaordersa Offiaa is Desd Hook R, Yol. 11, lags 183, granted and.coaveyed unto Bubart L. Nwnaiag and Besa B. Nanning, h1s rife. The said Aubert L. kenning having died July 4, 1959, title to said praaisee vested in Beea H. Nanning, ridox, as surviving tenant by the entireties. The property above described is the sass as that which is shown on the attached survey of D, P, Raffenapergar, Registeeed Surveyor, whi~:h survey is incorporated by reference in this deed, CAfAP HILL SCHOOL DISTRICT REAL ESTATE TRnHS~ER TAX ~ AatjaQLs3_~Oale h'~Y 6 1960 _._L.SAat-~GElti 10/06/2011 3:17:23 PM CUMBERLAND COUNTY Inst.# 196001828 -Page 1 of 3 ., wf ~; ~ . ~,~ „~ ' .,~t d } AMMi x ~. ; W. . ~ ti q_. ~ _ 'w •~ ~ ~ Qa~ ,~ ~ ~ ~~ q ~o : Q f if ~ ~ i a n 2 u o u a ~ a ~ o. ~~ ~ ; y ~ _ ' :~"' a ~` -r~a O QC~ ~ } i Z ~ •soyf afip= ~, b OV ~ p V „ r " ' „"' _ ~C~ 4 i ~ • i ~ ~ ,~ E-4~ > > = v. 2 ~ ~~ ~ ~ ° ~O p~ v ~: ~~ ! ? r ~ n i ~4[,, ooi °•oo, Wit ~~ i i ~i ,~9 '1s` 1n N~b'M ..~ 7 10/06/2011 3:16:06 PM CUMBERLAND COUNTY Irst.# 196001828 -Page 2 of 3 C I, C 1 t i e .. i i i C C C C { _ _. BOOR U 1~MaDi~~lS _. AND ~ said ~~, ~ es harebU covenant that she wYl WARRAN4" GSItBpALLY tke pevpa-ty MrobY ~~!r~' ~r , 7` .r I.. ~ y.. dl a~G i~~d S,~~ou,Y IN WITNEBB IYBSRBOIr acid praetor has heswalte act her hoed wad seat tks dsy aaErt ria! Jlset above written.' Irt~ita, rtalN an0 fsrllbttts '~~~~ ~.&.~~~~~........ . In tat p[tdetrce of ~ e s 'B :" an n _ ~D ............._............................................................. ... aieL "''7777'~~~""",,,,,•••,•••,,,,,,,,~••-,,,,~••- .........• .............................................................. I _........._ ........................._......................~ r~~ ~ ~~ I hereby oertify that the precise re3ldence of the within named Crantee is Attorney I State of Pennsylvania se. Coaaty of Cumberland ~ ~ tH! this, tht ~p ~ daY ^1 /~l~ , IB 60 , beforo me, i Eke uaderaipreed ogieer, Personally appeared Beas B . Manning, vidor, ~ I known to ate (or aatisJaeEorily proven) to be tks parson whose nano is eabae~~rii6,W.;L,t1e,,~tl,i,p~,~w,v,h,ehd- is inetrumerit, wad aokaowtadpad that she ezaeuttd cane /or tAe PuYpnaea "•r5",'~°`-~-'-• 1N WITNESS WHEREOF, t hereun(a,ast my head a o8tiiat e~• • ~•'~ ~AS,y'f0,,':. 1l~Y.9t~~E4nCE ei .u ~ ~ q: ~' GYY( 1F C~en15 6 ~ . t'7'. fi O: 1• V Lsat OF eE:os l ~.y..•Nti..:_E+;::al~lu'i~C..LtL: ~..: :_ Jy..........y~~:h': reap Mf4 P4 CumWhedtA. 4~~ I~ ~./ n i i wxtEeunv aienn ' lEnfNYIYAIEa 9Eate of ( I 98. County o/ ` , 1v , bsforv ms, On this, the day of i the undorsipaed o,~ker, pareonaYy appeared ~ known Eo me (or sane/aetorily graven) to be the pesson whose name subscribed to the uYth- is iaetrument, wad aelawwtedped that ezacuted samo Jar the purposes therein eontaincvl. IN WITNESS WHEREOF, t hereunto wet my hand and ofllaiat seat. i .................._... wu. ~ Tttls o/ O~,cer. ~ ~~ ',0/06/2011 3:18:06 PM CUMBERLAND COUNTY I~st.# 196001828 -Page 3 of 3 N WE s Camp ~Iil:d Borough Zoning Map Wormleysburg East Pennsboro LDR Lemoyne Hampden LDR LqV LV Prepared 6y crenentam ceurdr cls ,~~ j COUNTY DISCLAIMER rN. n•P.ws ae1.14 maW.a brnbmW m.h.oly me.rbmm.d w b nre Camevlna Ca.mr. P.msyk.no. peaMymiq Dap.rbmrKb porn.n baa m Plcee end brtlbe lalevRa Wm.m. Vae.l live ao mt vpe.al. xlaY sm pmime Caumr ac.rm.lm4 P'mmyM.ria rrvles m era n ro me mmpa.mw. amrcy rc wmlu d vN ~ atnlima ncmn..M Ilvlw rompcmld m al mr bna. nc40n0. nia nd IinlYa b.IM war.rYlu elmemM1.tlmiry v rNrss br a PvlbrAe us, Im an my arN rrvrnlvs b M inpbf ar hbn.d, wrn rmpetl to M bbmvbn or aN.IlnnsMa kvero. Rn Ir.a a ana ma,~mn nw De r.pom,aq m m am tl q .m laemmb, mslvrnol. Plllaoc.gnq, mwrQag. p tlharuea .pup .. bpasri Parn:iyea nr m. c..dr of ame.n.na tln 9awgnd mP n. Rerbin.oi®M eepea ~c.rrm walk.ongn zm.y aa.r.na Itl na.mlmmr.~mna mp.ml.nm of mmg tlaatl Imnaarbs. ea.aprn.r® Eeu+brbs, pxeWVa Iw iegrllna wleMrrrl Io IN. m.P. dc. Lower Allen :8r~0~ Miles 0 0.125 0.25 0 5 Legend Munidpal Boundary kinor RPae ~~- Sdb Road ~ Highways. Tax Parcels Zoning ® Market Baeet Oxerlay District ~~~!. NelghEnrlbod COrtmeraal-CN Regiomll Stopping Cenbr - CS CommemrelC navel-DG -Olkoa/AparMent-NDRO '' Medium Density ResidenEa~ house - MDRT Medium Denlary ResidentekOlkce -MDRO Low Oerayty Reatlentlal - LDR ~'^~1 Matllum Densiy ResidenCal -MDR LgM Imluatrial - LIN § 200-20 ZONING § 200-21 ZONING MAP - The Official Zoning Map of Camp Hill Borough, Cumberland County, Pennsylvania. ZONING OFFICER - The person charged with the duty of enforcing the provisions of the Zoning Ordinance, and any officially designated assistant. ZONING ORDINANCE - The Camp Hill Borough Zoning Ordinance, as amended. ARTICLE Iil Districts § 20Q-21. Designation of districts; purposes. A. For the purposes of this chapter, Camp Hill Borough is hereby divided into the following zoning districts, with the following abbreviations: LDR Low-Density Residential District MDR Medium-Density Residential District MDRO Medium-Density ResidentiaUOffice District MDRT Medium-Density Residential/Townhouse District HDRO Office/Apartment District CS Regional Shopping Center District CG General Commercial District CN Neighborhood Commercial District LIN Light Industrial District B. For the purposes of this chapter, the zoning districts named in Subsection A shall be of the number, size, shape and location shown on the Official Zoning Map, which is made part of this chapter.~^ Any use of the abbreviations listed in Subsection A shall mean the district name that is listed beside the abbreviation. C. Overlay districts. The Floodplain Area, as defined by Article V, shall serve as an overlay dishict to the applicable underlying districts. The MSD Market Street Downtown Overlay District shall apply as described in § 200-28. D. Purposes of each district. 1n addition to the overall purposes and objectives of this chapter and the Comprehensive Plan, the purposes of each zoning district are ca~mmarized below: (1) LDR Low-Density Residential District: to provide for low-density residential neighborhoods that are primarily composed of single-family detached dwellings; to protect these areas from incompatible uses; to encourage owner occupancy and neighborhood stability; to promote traditional patterns of development, extending the best features of older development into newer development. 24. Editor's Note: A copy of the Zoning Map is included at the end of this chapter. 200:45 m - is - zoos § 200-21 CAMP HILL CODE § 200-21 (2) MDR Medium-Density Residential District: to provide for medium-density residential neighborhoods; to protect these areas from incompatible uses; to encourage "one home on one lot" (which may be attached to another home) in order to promote home ownership and neighborhood stability; to make sure that "infill" development is consistent with neighboring development. (3) MDRO Medium-Density ResidentiaUOffice District: to provide for medium-density residential neighborhoods; to protect these areas from incompatible uses; to make sure that "infill" development is consistent with neighboring development; to also provide for offices along certain streets. (4) MDRT Medium-Density ResidentiaUTownhouse District: to provide for medium-density residential neighborhoods; to protect these areas from incompatible uses; to particularly promote medium-density townhouse development. (5) HDRO High-Density ResidentiaVOffice District: to provide for high-density residential.. neighborhoods with a mix of housing types; to protect these areas from incompatible uses; to also provide opportunities for offices and certain other light br>siness uses. (6) CS Regional Shopping Center District: to provide for a wide range of commercial uses in one commercial complex with fully coordinated exterior and interior traffic access, coordinated signs, and shared parking. (7) CG Geaeral Commercial District: to provide for a wide range of commercial uses, including heavier commercial uses than are allowed in the Neighborhood Commercial District. (8) CN Neighborhood Commercial District: to promote pedestrian-friendly commercial activities; to promote an appropriate mix of retail, service, office, public, institutional and residential uses; to avoid heavy auto-related commercial uses which are most likely to conflict with nearby homes and the pedestrian orientation and which are most likely to cause demolition of historic buildings; to primarily provide for smaller-scale uses that utilize existing older buildings, as opposed to uses that would involve substantial demolition. (9) LIN Light Industrial District: to provide for light industrial uses, while recognizing that there are no appropriate locations within the Borough of Camp Hill for heavy industrial uses, because of the proximity of homes to all areas of the Borough, the locations of creeks and other important natural features, the irnportance of preserving historic buildings, the congestion of the street system and the very limited amounts of undeveloped land. To carefully control the types of industrial operations to avoid nuisances (such as excessive noise) and hazards. (10) MSD Market Street Downtown Overlay District: The purposes are listed in § 200-28. 200:46 0~ - is - zoos SUBJ: 1915 Walnut St FIRM: 42041 C0281 E DATE: 03!16!2009 ZONE: "X" Definition for Zones B, C, and X Areas outside the 1-percent annual chance floodplain, areas of 1% annual chance sheet flaw flooding where average depths are less than 1 foot, areas of 1% annual chance stream flooding where the contributing drainage area is less than 1 square mile, or areas protected from the 1% annual chance flood by levees. No Base Flood Elevations or depths are shown within this zone. Insurance purchase is not required in these zones. Y- ~LiL~l1~ l e ~®L ~LY~L~~ ~ro~er/~1ppe~aiser VNilliam F. Rothmaw, Member RSR Appraisers & Analyisis -RSR REALTORS® 3 Lemoyne Drive, Suite 100 ~ ~ - Lemoyne, PA 17043 GENERAL William F. Rothman is the founder of Rothman Schubert and Reed REALTORS® f~PPRAISINC General residential, commercial, and industrial appraising. ~tlEAL ESTATE EXPERIENCE Partner/Founder of RSR REALTORS® LLC, a residential, commercial, industrial brokerage, properly mangement, and appraisal company. President, 1550 Associates, a development company. Partner-Sample Bridge Joint Venture-residential housing project. (Milfording Highlands) PRUFESSI®NAL fi~FFILIATIONS Greater Harrisburg Board of REALTORS® Pennsylvania Association of REALTORS® National Association of REALTORS® RHO Epsilon -National Real Estate Honorary Approved Mediator -Grater Harrisburg Association of REALTORS®. National Association of [ndependent Fee Appraisers (IFAS) #523& Senior Member PA State Board Certified: GENERAL APPRAISER #GA-000303-L (certified to 6/30/13) Course Instructor-Preparing the Real Estate Valuation case-Pennsylvania Bar InstitutE; Course Instructor - Shippensburg University EDUCATION Central Dauphin High School Pennsylvania State University, University Park BS Degree in Business Administration (Real Estate and [nsurance) CLIENT REFERENCES Integrity Bank Fulton Bank Penn DOT Citizens Bank Holy Spirit Hospital Central Dauphin School System PNC Bank Amtrak United Water Pennsylvania M&TBank FNB National Penn Bank CLIENT REFERENCES (Continuation) Taylor Wharton/Harsco ~ ; ~ Centric $ank ,l r ~ ~ , ~f + East Pennsboro Township Lower Paxton Township , Franklin County Commissioners Lancaster County Commissioners {' ~`'-' Cumberland County Commissioners PA Turnpike Commission York County Commissioners ~ Penns~lt~ania National Insurance C®1lItYItI1VITY ACTIVITIESA1VDf~SSOCL4TlON~IEMBERSIIIPS Capital Region Economic Development Corp. -Past President/ Co-Founder Harrisburg YMCA -Past Board Chairman, Greater West Shore Area Chamber of CoKnmerce -Past President Greater Harrisburg Board of REALTORS -Past President Greater Harrisburg Board of REALTORS -Past REALTOR of the Year Central Penn Multi-List- Past Dfrector~ ' M& T Bank -Advisory Board United Way -Volunteer 2"d mile -Director Emeritus ~ ,~ ,., West Shore Public Library -Volunteer Bethany Village -Board of Governor's Shippensburg University, Grove College of Business- Advisory Board , Harrisburg Symphony Orchestra -Past Board Member and Volunteer Pennsylvania National Bank -Past Director Financial Trust -Past Director Harrisburg Civil War Rountable -Director f' Pennsylvania Society -Member Boys & Gilrs Club -Volunteer f~IPPP~AISAL COURSES AI ~ - Advanced Capitalization Course 510, 1993 DPS - Fair Housing/Real Estate Code, 1993 CCIM - CI 301, 1997 GHR - Appraisal & Real Estate Fraud, 2Q02 GHR - Distressed Property Appraisal, 2003 GHR - Limiting Appraiser Liability Exposure, 2003 AI - Tax Assessment in Pennsylvania, 2004 GHR - Professional Standards, 2005 McKissock- Income Approch to Value, 2007 McKissock- Cost Approch to Value, 2007 McKissock -Mortgage Fraud, 2009 McKissock -Land & Site Valuation, 2009 McKissock -REO & Foreclosure, 2009, 2011 McKissock- National USPAP Update, 2009 McKissock- Current Issues in Appraisal 2011 Vintage -Mineral Rights issue for Appraisers 2011 ~'ESTI1bIONY.' Qualified: Court of Commons Pleas -Adams, Berks, Centre, Cumberland, Dauphin, Franklin, Juniata, Lancaster, Lehigh, Mifflin, Perry and York Counties, Master's Hearings, Board of View, Courts of Common Pleas, and the United States Federal Bankruptcy Court. PROPERT>f' Z''YPE.S'~4PPRAISED: All Types of Single Family Residents Office Buildings Warehouses Flex Buildings Apartment Complexes Historic Rehab Project Commercial Condominiums Recreational Ground Car Washes Mini-Storage Facilities Restaurant/Inn Houses of Worship Townhouse (For Sale) Shopping Centers. & Malls Manufacturing Facilities Retail Buildings Residential Land "Gated" Attached Housing Post Office Buildings Commercial Land Mobile Home Parks Farms Medical Facilities Garden Centers Automotive Dealerships Funeral Homes (n addition, [have been involved directly as either a principal, general/limited partner, or investor in the following types of development/investment: 1. Fast Food Restaurants 9. Rehabilitation of Single Family Housing 2. Student Housing/Condominiurn Conversion 10. Children's Clothing Business 3. Residential Single Family Development 11. Assembly of multiple tracts 4. Strip Shopping Center 12. Warehouse properties 5. Farm Land Management 13. Senior Housing Project 6. Office Park Development 14. Residential Attached Housing; 7. Apartment Ownership & Management 15. Graphic Novel Publishing Company 8. Office Building Ownership, Leasing & 16. Compu ter Aided Design-Start up Management Currently, 1 am actively involved in ownership and development of the following properties: 1. Hearthside - 14 Lot Subdivision -Lower Paxton Twp. 2. Mulberry Manor - 34 Lot Residential Housing 3. Millfording Highlands - 123 Lot Residential Subdivision -Silver Spring Townslhip 4. 31,800 S.F. - Distribution Facility - Swatara Twp. 5. 34,800 SF - Manufacturing Building- Manchester Twp, York l'~~r®US ®WNERSHIP AS A I,~E.VE~OPER: Treemont -East Pennsboro Twp 100 Lots Beaufort Ridge -Susquehanna Twp 100 Lots Quaker Village -Newberry Township 20 Lots Raven Hill -Upper & Lower Allen Twp 15 Lots Pennsboro Commons -Strip Center, E Penn Twp. 109,000 Square Feet Creekstone Manor- Single Family;, ; 80 sots A WARDS ~1ND ~dONORS Greater Harrisburg Association of REALTORS®-REALTOR® of the Year Shippensburg University Chapter -Gamma Beta Sigma Honoree -Honorary Member p~ }/,',~~y~ C4U13i~O,~l1~'~~ ~ ~ ~~i~ :~ ~~'. v': 1 _ r~~ ~!1['~dU of P ~ Hdili~`~ ~~ ~€i~'S PO B'o ,,~ 'dare ~s#~ur~ l~~ ~`f~1. ,~fifi&1$. Certificate Type ~ i 'S +~ Certificate St:Ntus Gertl~{ed Genera! aFF~'afaer ~k~~ -~,. `~ ~` ; Qative ~t d ~ f. +~ti ~. '~r; '~ ~,,, ~z. ~ _ - .% ',rr ~ Ini~at Cer4i~tcati~gDate~ ~~I~L~t~R~N1ELiNROTHlNAt~ ~ ~ ~: ~ ' 1 ~~, Drive ^: ~~ a , ,. r t N ~' XElira~'Ielll RAtC ~~.; - ~~ t . _ ~- a ' ~ " ~ 08f30l2013> 1~t41 ~14U , l'f~1µ h _ I ^ N ~ ti '; ~ ;~~s ~ ti li ~ ~~+l~w M' ' ~h s~. t~ 14 .. N L P ~ ~ ~~ ,' - tit" ti~¢iS ~ t ; 4 4 4 5~- i ~, ++ a ++~~„ ,~'µ~y'.~~ s ~' ~ .yet p1p„"` '~~.~t . ..i. 1 Y :.`~5 Ali il' ~5~~ y ~ }} .lf~i~~ Owner Estate of Christine Crist File No. 2011-253 _ Pro a Address 780 Cherr Street Cit La orte Coun Sullivan State PA L' Code 18Ei26 A raiser Steven H. Reeser TABLE OF CONTENTS Cover letter ......................................................................................................................... .................................................................................. 1 URAR ................................................................................................................................... .................................................................................. 2 Additional Comparables 4-6 ................................................................................................... .................................................................................. 4 Supplemental Addendum w/sig block ..................................................................................... ................................................................................. 5 Subject Photos ..................................................................................................................... ................................................................................ 7 Photograph Addendum .......................................................................................................... .................................................................................. & Photograph Addendum .......................................................................................................... ................................................................................. 9 Photograph Addendum .......................................................................................................... .................................................................................. 10 Comparable Photos 1-3 ......................................................................................................... ................................................................................. 11 Comparable Photos 4-6 ......................................................................................................... ................................................................................. 12 Building Sketch (Page -1 ~ ...................................................................................................... ................................................................................. 13 Location Map ........................................................................................................................ .................................................................................. 14 Plat Map ............................................................................................................................... ................................................................................. 15 Deed far Lot 253 ................................................................................................................... .................................................................................. 16 Deed ..................................................................................................................................... ................................................................................ 17 Deed for Lots 254 & 255 ....................................................................................................... ................................................................................. 18 Deed ..................................................................................................................................... ................................................................................ 19 Deed .................................................................................................................................... ................................................................................ 20 Deed ..................................................................................................................................... ................................................................................. 21 Property History of Sublect Praperty ...................................................................................... ................................................................................ 22 Multi-Purpose Supplemental Addendum .................................................................................. ................................................................................. 23 Environmental Addendum -Appraiser ...................................................................................... ................................................................................ 25 Statement of Limiting Conditions ............................................................................................ ................................................................................. 27 License ................................................................................................................................. .................................................................................. 29 Engagement Letter ................................................................................................................ ................................................................................ 30 Assistant Checklist ................................................................................................................ ................................................................................ 31 Form TOCP LT- "WinTOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE 2011-253 C R E E S E R M & T Investment Group, Trust Real Estate Attention Ryan M. Leppo, AVP (Client & Intended User): At your request, I have made an on-site inspection and appraisal of the property located at: 780 Cherry Street Laporte, PA 18626 For the purpose of this appraisal, market value is defined as: "The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller Each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus". Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under condiitions whereby; buyer and seller are typically motivated, both parties are well-informed or well advised, and acting in what they consider their own best interest, a reasonable time is allowed for exposure in the open marker:, payment is in terms of cash in U.S. dollars or in terms of financial arrangements comparable thereto and the price represents the normal consideration for the property sold, unaffected by special or creative financing or sales concussions granted by anyone associated with the sale. (The Appraisal of Real estate, 11th Ed.,) Chicago: The Appraisal Institute 1996. It is my opinion that the Market Value of this property as of August 16th, 2011 (date of demise) to be: $89,000.00 As-is To the best of my knowledge and belief, the facts and data used herein are true and correct, and that [personally inspected the property, that I have no undisclosed interest in the property, and that compensation for thus appraisal is not contingent upon the value for the property. The intended user is the client referenced above and the intended use is for mortgage based decision making. * A reasonable exposure time for the subject property is 30-60 days, utilizing conditions applicable to the appraisal assignment. * A reasonable marketing time for the subject property is 45-60 days, utilizing market conditions pertinent to the assignment. Respectfully submitted, A Steven H. Reeser GA-001444-L Reeser Appraisals, LLC. Estate of Crist UNIFORM RESIDENTIAL APPRAISAL REPORT FIIeNo. 2011-253 Pro Address 780 Ch SUeet C' La orte State PA Zi Code 18626 __ Le I D cd tbn Deed book 897 Pa a 668 8109 Pa 525 um Sullivan __ A sessar's Parcel Na. 11-001-0054-001 8 11-001-055 TaxY r 2011 R.E. Taxes 983.36 i I sessm None _ Borrower Crist Christine Cortaro Owner Estate of Christine Crist Occ am: Owner Tenant Vacant Pr d a raised free Sim I Leasehold Pro'ect T e PUD Condominium HUD A n HOA Mo. i hborhoad or Pro' t Name La rte Borou h Ma Reference 11-001-0054-001 8 1 Census Tra 9801.00 __ e Pdce NA Dat Sale NA oescri n and S amoum or loan ch es/concessions to ue 'd seller NA _ Lender Client Estate of Christine Crist Add s Not A livable A raiser Steven H. Reeser Address 25 West Third Street Suite 3 __ 01 Williams ort PA 17701 Location Urban Suburban Rural RMominhm ~Slneblam0ytraAuGing ~ 0 E EE Present lenduee% Lend usecherrge Built up ^ Over 75% ®25-75% ^ Under 25% °ce~a~' $(0 0 0 ) tyrs) One Tamil 30 y ®Not likely ^ Likely Growth rate ^ Rapid ®Stable ^ Slow ® Owner 70 Law 5 2-0 family ^ In process Property values ^ Increasing ®Stable ^ Declining ^ Tenant 275 Hi h 80+ Multi-family To: Demand/supply ^ Shortage ®In balance ^ Over supply ®Varam (0-5%) Predominant Commercial __ Madcedn time Under 3 mos. 3.6 mos. Over 6 mos. v o r 115 60 Vacant 70 __ __ Note: Race and tha racial compositlon of the nelghharhootl are not apprefsal factors. Neighborhood boundaries and charactedstice: The subject is bounded to the north by Main Street to the south by Cherry Street to the ear b Factors that atlect the marketability m the properties in the neighborhood (proximity to employment and amenities, employment stability, appeal to market, etc.): A raiser noted no nei hborhood factors which would n ativel affect the value of the sub'ect roe Sho in and su ~ or facilities are located within a mile of the sub'ect ro and em to ant in the eneral area is considered stable. Homes in tl area a erience avers a market a I. Market candfions in the subject neighborhood (including support forthe above conclusions related to the trend at property values, demand/suppry, and marketing time --such as data on compektive propetties for sale in the neighborhoed, description of the prevalence at sales and financing cencessiens, etc.): The local market is considered to be stable with ical marketin times of 3-6 months as evidenced b local MLS records. Thr factors of su I and demand are considered to be in balance. Pro a values a ar to be stable with few areas of increaser or decreased demand neither of which main to the sub'ed area. Seller's concessions are not considered to be icel or __ necessa as mort a e financin is readil available with rates that are considered to be attractive. Projecthdormatbn for PUGS (It applicable) -- Is the develaperrouilder in comrol of the Home Owners' Association (HOA)? ^ Yes ^ No Appro>mate total number of units in the subject project Approximate total number of units for sale n the subject project -_____.__ Describe common elemems and recreational facihies: Dimensions .24 acre Lot 253 and .48 acre Lots 254 and 255 Topography Level Site area .72 acre Comer Lat ^ Yes ®No __ Size Typical for area Specific zoning classBicatian and description No zonin in La orte Borou h __ Shape Rectangular Zoning compliance ®Legal ^ Legal nancomonnhg (Grandfathered use) ^ Illegal ^ No zoning __ Drainage Appears Adequate t i Presem use Other use lain __ yew Wooded & Resid. Utllltles Public Other 011-sitelmprovemems Type Public Private __ Landscaping Typical of neighborhood Electricity ® Street Macadam ~ ^ __ Driveway Surface GrasslGravel Gas ^ Not Available Curb/gutter ^ ^ __ Apparent easements None Water ® Sidewalk ^ ^ _ FEMA Special Flood Hazard Area ^ Ves ®Na Sanitary sewer ^ On-site Se tic Street lights ^ ^ FEMA Zane D Map Date NA Storm sewer None All FEMA Ma Na. Communit doesn't artici ate Comments (apparent adverse easements, encroachmems, special assessmems, slide areas, illegal or legal nancamorm ing zoning use, etc.): Appraiser noted_ no adverse easements encroachments or other adverse conditions at the time of th e ins action. See attached Deed. GENERAL DESCRIPTION IXTERIDR DESCRIPTION f-0UNDATION BASEMENT INSULATION No. of Units One Foundation Piers Slab Piers Area Sq. FL - Roof [1 No. of Stories One Exterior Walls T1-11 Crawl Space NA %Fnished - Ceiling [] Type (Det/Att.) Detached Roal Surface As haft shin le Basemem NA Ceiling - Walls ^ Desgn (Style) Cabin Gutters & Dwnspts. None Sump Pump None Walls -- Floor [] Existing/Prapasetl Existin Window Type Hine Dampness None noted Floor -- None [] Age (Yrs.) 57 StarnVScreens Sin le one Settlement None noted Outside Entry -- Unknown ~~ Eff five A rs. 20 Manulact House NA Im tatian None observed ROOMS Po er Livin Dinin Kitchen Den FamB Rm. Rec. Rm. Bedrooms # Baths Laund Other Area S . Ft Basemem Level 7 1 1 1 3 .75 & .7E 862 Level 2 Fnished area above rode camains: 6 Raams~ 3 Bedroom s 1.5 Bat hs 862 S are Feet of Gross Livin Area INTERIOR Materials/Condhion HEATPIG Areas KRCHEN EQUIP. ATTIC AMENRIES CAR STORAGE: Floors W W Pine Lin/Av Type BB Refigeratar ^ None ^ Fireplace(s) # ^ None Walls Rou h wood/Av Fuel Elec. RangelOven ^ Stairs ^ Patio ^ Garage # of cars Trim,'Finish WoodlAv Condhi n Av Disposal ^ Drop Stair ^ Deck Rear ® Attached __ Bath Floor As halt TilelAv COOLING None Dishwasher ^ Scuttle ^ Parch Front ® Detached __ Bath Wainscot Tubwall/Av Cemral None FaNHood ^ Floor ® Fence ^ 8uih•In __ Doors Solid/Av Other - Microwave ^ Heated ^ Pool ^ Caryert _ Condhian -- Washer er Finished Drivewa Gravel Addhional features (special energy efficiem hems, etc.): Dining room features a fireplace. No central heat-electric baseboard in one bedroom. Contlhion al the improvemems, depreciation (physical, funmional, and external), repairs needed, quality al construction, remodeling/addhions, etc.: Overall the sub'ect is in avers a condition with no areas of deferred maintenance. Ph sical de reciation is due to a e and normal wear asnr tear. Adverse environmental candhrons (such as, but not limbed to, hazaNOUS wastes, toxic substances, etc.) present in the improvements, on the she, or in the immediate vicinity of the subject property.: None noted. Please see attached Environmental Addendum and Limiting Conditions Freddie Mac Fonn 70 6/93 PAGE 1 OF 2 Fannie Mae Form 1004 1if93 Form UA2 - "WinTOTAL" appraisal software by a la made, inc. -1-R00-ALAMODE Estate of Crist UNIFORM RESIDENTIAL APPRAISAL REPORT FlIeNo. 2011-253 ESTIMATED SITE VALUE - - - _. .... _ ....... ... ..._ $ ESTIMATED REPRODUCTION COST-NEW-OF IMPROVEMENTS: Dwelling 862 Sq. R. @$ _ $ Sq. R. @$ = Comments on Cost Approach (such as, source of cost estimate, site value, square foot calculation and for NUD, VA and FmHA, the estimated remaining economic IRe of the properly): Cost Approach is not considered _ meanin ful iven the actual a e and man stn es of = renovation and remodelin over the ears. The a lic2itioi GaregeJCarport Sq. R. @$ = of strai ht line de reciation could Basil roduce Total Estimated Cast New . _ _ $ misleadin results and the determination of effective a e Less Physical Functional External is extreme! difficult and sub'ective. Depreciation ~ ~ _$ __ Depreciated Value of Improvemerrts _ . _ _ _$ __ Site value estimated to be 5 000 "As-is" Value of Site Improvemems . - _$ __ Estimated remainin economic life of 20+ ears INDICATED VALUEBYCOSTAPPROACH _ ..... ..............___. _ ITEM SUBJECT COMPARABLE N0.1 COMPARABLE N0.2 COMPARABLE N0.3 780 Cherry Street Address La orte 38 Restful Ridge La orte PA 18626 17329 Route 42 La rte PA 18626 _ 635 Orchard Lane La orte PA 18626 ProximR to Su ect 1.08 miles S 0.43 miles W _ 0.17 miles NE Sale PR a NA 117 000 125 000 129 900 Pdc Gross Livin Area 103.72 ~ 86.27 ~ 119.39 ~ Data and/or VerRication ource Inspection Assessment Multi-list information MLS Sold Book 61912 Multi-list information MLS Sold Book 62001 _ Multi-list information MLS Sokl Book 62131 VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION + - S Ad'ust. OESCRIPTWN I + - S Ad'ust. DESCRIPTION + - S Ad'ust. Sales or Financing Doves bns Conventional Sellers Conc. -4 000 Conventional None Cash None Date of Sal rme 6/30/2011 7/15/2011 _ 7/20!2011 Lacati n Rural Com arable Com arable Com arable Le hal Sim le Fee Sim le Fee Sim le Fee Sim le _ Fee Sim le Site .72 acre .95 acre 0 2.33 acre -7 500 _ .53 acre 0 V w Wooded&Res. WoodedBRes. ~ Wooded Residential Desi n and A eal Cabin Bi Level-Cotta e. Ranch _ Ranch Oualit of Conswction Frame/Averse Frame/Avera e ; Frame/Averse ; _ Frame/Avera e A 57 71 57 _ 64 Candilion Averse Su erior -5 000 Su erior -10 000 Su rior -12 91)0 Above Grade Total ~ Bdmrs~ Baths T t I ~Bdrms ~ Baths ~ -250 Tot I ~Bdrms ~ Baths Total ~Bdrms ~ Barns : +500 Room Count 6 ~ 3 ~ 1.5 4 ~ 3 ~ 1.75 6 2 1.5 +1,500 5 ~ 2 ~ 1 +1,500 Grass Livi Area 862 S . R. 1 128 S . R. ~ -6 650 1 449 S . R.. -14 675 1 088 . R. -5 6!i0 Basement 8 Rnished Roams Below Grade - Partial Unfinished Crawl Space Crawl Space Functional Util' Averse Averse Averse Su erior -7 O(l0 Heatin oli FPBSome BB Elec BB&FWA -2 500 Elec BB -2 500 Elec 86 -2 500 E Efficient Items Not A livable Not A livable ~ Not A livable Not A livable ; Gars Ca R Not A livable 1 Car Detached ; -3 000 1 Car Detached ~ -3 000 1 Car Detached ' -3 000 Parch, Patio, Deck, Fhe laces etc. Porch & Deck Fire lace Screened Por. -500 Two Fire laces : -1 500 Porch +1,500 FPBWd stove -500 Screened Por. -500 Coal Stove-LR Fence Pool etc. Not A livable Lake civil es -3 500 Not A livable ~ _ Not A icable Extm AmenEies Not A livable Not A livable I Shed -500 _ Not A livable Net Ad'. total + -26 900 + -35 675 __ + -29 5'.i0 Adjusted Sales PRCe at Cam arable Net PtA % "` 33.0 90 100 Nrrt 28.b % .3- 89 325 Net 71.7 % 25.E 100 3:i0 Comments on Sales Comparison (including the sub available and are based on s uare utilit of these sales with res ect to ject property's campathility to the neightwrhood, etc.): The comparables sales are the very best foots a site size and amenities. Furthermore I have considered the s lea al and over the sub'ect. It ism o inion that corn arable sales #2 8 4 are most like the sub'ect. All sale re resent "arms-fen th transactions". ITEM SUBJECT COMPARABLE N0.1 COMPARABLE N0.2 COMPARABLE N0.3 _ Date, Price and Data See Page 1 Sales history not available Sales history not available Sales history not available Source,lor prior sales Deed within ear of a raisal _ Analysis of any cunem agreemerd of sale, option, or listing of subject property and analysis of any prior sales of subject and comparebles within one year of the date of appraisal: INDN:ATEDVALUEBYSALESCOCdPARISONAPPROACH $ 89.0(10 INDICATED VALUE BYINCOMEAPPROACH if A livable Estim t Market Rem Mo. x Gross Rent MuR' lier - This appraisal is made "as is" subject to the repairs, aheretions, inspections or condftions listed below subject to completion per plans 8 specRicatiens. Conditions or Appraisal: The SUbleCt W8S appraised "aS iS". See attached Limiting Conditions. Flnal Reconciliation: The market approach is considered the best indicator of market value for single-family homes such as the sub e The costa roach tends to set the u er limit of value and is most accurate when a lied to sin le vinta a or new constructio The income a roach was not considered due to the lack of similar sin le famil rentals in the area. _ The purpose of this appraisal is to estimate the market value of the real property that is the subject at this report, hosed on the above conditions and the certification, cantingerd and limiting conditions, and market value definition that are stated in the attached Freddie Mac Farm 439IFNMA form 1004B (Revised 6/93 ). I(WE)ESTIMATETHEMARKETYALUE,ASDEFlNED,OFTHEREALPROPERTYTHATISTHESUBJECtOFTHISREPORT,ASOF August 16th. 2011 (WHICH IS THE GATE OF INSPECTION AND THE EFFECTIVE DATE OF THIS REPORT) TO BE $ 89.000 APPRAISER:-F'A~tBified General Appraiser SUPERVISORY APPRAISER (ONLYIFREOUIRED): Sgnatgmre1r ~'` -=~ G-- Signature ^ Did ^ Did Nof Name SteveFn~-h~eESSe~ Name Inspect Property Date ReooR Siaried-WEdnesdav. Nov 16 2011 Date ReooR Sinned State Certification # GA-001444E State PA State Certification # State _ Or State license # State Or State License # State reddie Mac Pone 70 6/93 PAGE 2 OF 2 Fannie Mae form 1004 6-93 Form UA2 - "WinTOTAL" appaisal software by a la mode, inc. -1-800-ALAMODE UNIFORM RESIDENTIAL APPRAISAL REPORT MARKET DATA ANALYSIS These recent sales of pro erties are most similar and proximate to subject and have been cons madat reaction to those items of signBicant vadation between the subl'ect and comparable pro favorable than, the subject property, a menus (-) adjustment is made, thus reducing the indicat favorable than, the sub,ect property, a plus (+) adprstmerd is made, thus increasilg the indica idered in the market analysis. The description includes a dollar adjustment, reBecting perties. B a srgnificanl item in the comparable property is supedar to, or more ed value of the subl'ect U a signiTica~d item in the comparable is inferror to, or less ted value of the subject. ITEM SUBJECT COMPARABLE N0. COMPARABLE NO. 5 COMPARABLE N0. 6 _ 780 Cherry Street Address La rte T-389 Eagle Rock Road Dushore PA 18614 >am' to Sub'ect 5.28 miles NE __ I Pric NA 89 900 Pdc Gros LNin Area ~ 187.29 ~ ~ Data and/or Vedfication Sources Inspection Assessment Multi-list information MLS Sold Book 54130 VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION + - S Ad'ust. DESCRIPTION + - S Ad'ust. DESCRIPTION + - S Ad'ust. Sales ar Financing Conc ions Cash Seller conc. -5 196. Da a at Sal Ime 9/23!2010 L anon Rural Cam Table Leasehol Sim le Fee Sim le Fee Sim le _ Site .72 acre 1.5 acre -3 500 _ View Wooded&Res. Rural wooded __ Desi n and A eel Cabin Cabin __ Oual' of Construction FramelAvere a Frame/Com . _ A 57 51 _ Condition Avera a Su rior -6 000 __ AbaveGrade Total ~Bdnnr Bath Total ~Bdrms~ Baths : 0 Total ~Bdrms~ Baths : _ Total ~Bdrms Baths Roam Count 6 ~ 3 1.5 4 ~ 2 ~ 0 +1,500 rocs LNi Area 862 S . R. 480 . R. I +9 550 S . R. ; S R Basemerd 8 Rnished Rooms Below Grade -- Slab Functional Util' Avera a Avera a Ham' oolin FP&Some BB Wall heater/ o. __ Fner Efficierrt Items Not A livable Not A icable Gars art Not A livable NA _ Poroh, Patio, Deck, Flr faces etc. Porch 8 Deck Fire lace Fr Porch +1,500 wood stove +1 500 __ Fence Pool etc. Not A livable NA _ Extra Amenities Not A livable NA _ N Ad. total + -646 + _ + Adjusted Sales Price of Com arable NBC Q.7 % 32.0 89 254 IVet % % Net % Gro9s % ___ Date, Price and Data See Page 1 Sales history not available Source for prior sales Deed within ear of a raise! Commerrts: Comparable #4 is over 5 miles in distance but was chosen to represent a cabin that is a seasonal retreat with no insulation or central heat other than wall mounted ro one heaters and a woodstove. There are no utters or downs outs and tl is minimal interior finish this sale has 382 less s uare foots a and one two bedrooms with no rear deck. The ad'ustments for these items and the difference in Toss livin area have been ad'usted based on the best market data in addition there is a __ 6 000.00 ad'ustment for thereto one windows and overall im rovements. Market Data Analysis 6-93 Farm UA2.(AC) - "WinTOTAL"appraisal software by a la mode, inc. -1-8011-ALAMCDE Supplemental Addendum File No.2011-253 Owner Estate of Christine Crist _ Pro a Address 780 Che Street C' La orte Cou Sullivan State PA Zi Code 18626 _ A raiser Steven H. Reeser ~( Supplemetltal Addendum This addendum is designed to simplify the reporting of comments most typically required by lenders to clarify aspects of the appraisal process. An "x" in the box next to a particular phrase indicates this applies to the individual appraisal being performed. 1 (x) Steven H. Reeser is a State Certified Residential Appraiser -license #GA-001444-L in the State of Pennsylvania. 2 () The seller is paying some of the purchaser's closing costs, which is not uncommon and has no affect on the valuation. 3 (x) It is noted that comparable sale #3 closed over six months prior to the appraisal date, but is considered the best available. 4 (x) It is noted that comparable sales # 1& 4 are located more than 1 mile from the subject but are considered the best available. 5 (x) [t is noted that the price per square foot living area for sales #2-4 varies by more than $10.00 as compared to the subject, however, the comparable sales chosen are considered the best available. 6 (x) It is noted the estimated land value exceeds 30% of the appraised value. The land to value ratio is typical of the neighborhood. 7 () It is noted that the subject's appraised value is greater than the predominant neighborhood value range. The subject is not considered anover-improvement and the predominant neighborhood value range has no impact on the subject's marketability. 8 (x) It is noted the Line, Net or Gross adjustments for comparable sales #1-4 exceed 10%, 150/0 or 25% respectively. This adjustment is larger than normal but the sales chosen are considered the best available. 9 (x) The property's plumbing and electrical systems appear to be functioning properly to the best of the appraiser's knowledge. 10 (x) Please be advised that in the market approach grid, bathrooms are adjusted for on upper line, bedrooms on the middle line and grass living area is adjusted on the bottom line. Gross living area adjustments are rounded. 11 (x) Gravel roads are typical of the neighborhood and do not have an adverse affect on marketability. 12 (x) Subject has an on-site septic system, which is typical of the neighborhood, and does not have an adverse affect on marketability. 13 () Subject has an on-site water system, which is typical of the neighborhood, and does not have an adverse affect on marketability. 14 (x) The lack of storm sewers, curbs, gutters, sidewalks and or street lights is typical of the neighborhood and does not adversely impact marketability. 15 (x) The images contained in this report have been digitally reproduced and only enhanced to add clarity. There have been absolutely no other changes to affect image accuracy and integrity. 16 (x) The square footage measurement and gross building area used in the development oFthis report have been extracted from the county assessment records and or plans and specifications. These measurements have not been verified and are presumed to be accurate. 17 () Reeser Appraisals, LLC has appraised or provided service to the subject property ( )times in the past three years. __ -~7/ /' 1 ~. ~ I ~' Signature ~% ~ G- - _ Name Steven~l=f-Reeser Date Sgned W nesday. -Nov 16 2011 State Cedification # GA-001444E State PA Or State License # State Signature _ Name Date Signed _ State Cedilication # State _ Or State License # State Farm TADD2 - "WinTOTAL" appraisal software by a la made, inc. -1-800-ALAMODE Sunnlemental Addendum Fdo Nn ~n„_~~~ Owner Estate of Christine Crist _ Pm a Address 780 Cher Street _ C' La orte Count Sullivan State PA li Code 18626 _ A raiser Steven H. Reeser 1, Steven H. Reeser, certify that, to the best of my knowledge 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, and are my personal, impartial and unbiased professional analyses, opinions and conclusions. • [have no present or prospective interest in the property that is the subject of this report, and no personal interest with respell to the parties involved. • I have no bias with respect to the property that is the subject of the report or to the parties involved with this assignment. • My engagement in this assignment was not contingent upon developing or reporting predetermined results. • My compensation for completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value opinion, the attainment of a stipulated result, or the occurrence of a subsequent event directly related to the intended use of this appraisal. • My analyses, opinions, and conclusions were developed, and this report has been prepared in conformity with the Uniform Standards of Professions!Appraisal Practice. • I have made a personal inspection of the property that is the subject of this report. • Colby E. Kolb-license #LATOOOI6-provided significant real property appraisal assistance to the person signing this certification. 1 ~ - +~.Gi'-- Signature -u `r ~r Signature Name Stevens-R se '~ Name Date Signed WeBnesdav, Nov 16 2011 Date Sig~ced _ State Certification # GA-001444E State PA State Certification # Dr State License # State Or State License # State State Form TADD2 - "WinTOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE Subject Photo Page Owner Estate of Christine Crist __ Pro a Address 780 Ch Street C' La orte Court Sullivan State PA Zi Code 18626 _ A raiser Steven H. Reeser Subject Front 780 Cherry Street Sales Price NA Gross Living Area 862 Total Rooms 6 Total Bedrooms 3 Total Bathrooms 1.5 Location Rural Vew Wooded&Res. Site .72 acre Oualrty Frame/Average Age 57 Subject Rear Subject Street frorm PIC3x5.SR - "WinTOTAL"appraisal software by a la made, inc. -1-800-ALAMOOE PHOTOGRAPH ADDENDUM Owner Estate of Christine Crist Pm Address 780 Cher Street _ C' La rte Caunt Sullivan State PA Zi Code 18626 A raiser Steven H. Reeser Kitchen area Dining area with fireplace Bedroom area Form GPIC3X5 - "WinTOTAL" appraisal software by a la mode, inc. -1-81X1-ALAMODE PHOTOGRAPH ADDENDUM Owner Estate of Christine Crist Pro a Address 780 Che Street C' La orte Cou Sullivan State PA lip Cade 18626 A raiser Steven H. Reeser Bedroom 3!4 bath Bedroom, features electric baseboard Form GPIC3X5 - "WinTOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE Photograph Addendum Owner Estate of Christine Crist Pro a Address 780 Cherr Street C' La rte Cou Sullivan State PA Zi Code 18626 A raiser Steven H. Reeser 3/4 bath Small attic area Additional land form GPIC3X5 - °WinTOTAL° appraisal software by a la mode, inc. -1-800-ALAMDDE Comparable Photo Page Owner Estate of Christine Crist - Pro Addmss 780 Ch Street C' La rte Cau Sullivan State PA L Code 18626 _ A raiser Steven H. Reeser Comparable 1 38 Restful Ridge Prox to Subject 1.08 miles S Sale Price 117,000 GrossLNingArea 1,128 Total Rooms 4 Total Bedrooms 3 Total Bathrooms 1.75 location Comparable View Wooded&Res. Site 95 acre OualAy Frame/Average Age 71 Comparable 2 17329 Route 42 Prox to Subject 0.43 miles W Sale Pdce 125,000 Gross LNhg Area 1,449 Total Rooms 6 ToalBedrooms 2 Total Bathrooms 1.5 Location Comparable View Wooded Site 2.33 acre QualAy FramelAverage Age 57 Comparable 3 635 Orchard Lane Prox to Subject 0.17 miles NE SalePdce 129,900 Gross Living Area 1,088 Total Rooms 5 Total Bedrooms 2 Total Bathrooms 1 Location Comparable View Residential SBe .53 acre OualAy Frame/Average Age 64 Form PIC3x5.CR - "WinTOTAL" appraisal software by a to mode, inc. -1-B00-ALAMODE - ~ Comparable Photo Page Owner Estate of Christine Crist _ Pro a Address 780 Ch Street C' La orte Cou Sullivan State PA L Code 18626 _ A raiser Steven H. Reeser Comparable 4 T-389 Eagle Rock Road Prox to Subject 5.28 miles NE Sales Price 89,900 Gross living Area 480 Total Rooms 4 Total Bedrooms 2 Total Bathrooms 0 Location Comparable Yrew Rural Wooded Site 1.5 acre Qualay Frame/Comp. Age 51 Comparable 5 Prox to Subject Sales Pdce Grass Living Area Total Rooms Total Bedrooms Total Bathrooms Location Yew Site QualAy Age Comparable 6 Prox tc Subject Sales Price Gross Living Aroa Total Rooms Total Bedrooms Total Bathrooms Location Vew Site Quality Age Farm PIC3x5.CR - "WiniOTAL"appraisal software by a la mode, inc. -1-800-ALAMODE Building Sketch Owner Estate of Christine Crist _ Pro a Address 780 Che Street C' La rte Coum Sullivan State PA Zip Code 18626 _ A raiser Steven H. Reeser First Floor [862 Sq ft] i o• 24' 3/4 Bath 14• Bedroom 3/a Bath Bedroo Bedroom N Living N o with elec. bb Dining ' Kitche 1a ro' ° °- 24' .~. ~~~,~.ton. mmw uWno nt.. rim ran. Total l1Wng bes (IbundM) efiz sfi n fifi3 fiy It Form SKT.BIdSkI - "WinTOTAL" appraisal software by a la mode, inc. - 1-86QALAM0~E - ~ Location Map Owner Estate of Christine Crist Pm a Address 780 Ch Street C' La orte Count Sullivan State PA Zi Code 18626 A raiser Steven H. Reeser ! 87i 3 ~µJ 3e -. vn ~~s.r ~ >>~~ y.~n~ }" - a~ ~1~~, - ~`+~!t' cn ~. ~' Q liirgdalz ` n,% Ir..d ~. ..rl FL' ~ycrian RrougM~p. _ PQ Laporte Township a~ I d2~ . ~~` thorn na Z mites - o J3 ~. ~a JIJ::?:"" ~~ Farm MAP.LOC -'MIinTOTAL" appraisal sattware by a la mode, inc. -1-800-ALAMODE Comparable ~ 1 38 Restful Ridge '1.08 miles S Plat Map Owner Estate of Christine Crist Pro a Address 780 Che Street C' La orte Cou Sullivan State PA Zi Cade 18626 _ A raiser Steven H. Reeser BE ADVISED THAT THE TAX PARCEL MAP APPEARS TO BE INCORRECT WITH REGARD TO PHYSICAL LOCATION OF PARCEL 11-1-54-1. This has no bearing on reported value but should be addressed and corrected by County officials. ~a S~ ~~ --___ Y a" ~ s ~~ I I I_ . ~- ~--~ 1 '" ~ ~ ~ Gq ~l p~g3V 3e li ~ ~ _ - ----- -_- --- I -... _. -_~ -- ___ II _- ___'__._. _~ - _ _~ ._ I Y is KQ I - I ~ _ - ° e58`~ ~ K~ta~;~g]]~ja< O ~~LLOL ~~~GG~!!~W°WW ~~8g'<~so i;.~r~~9~ ~~o ~~"a ~~ ~< ~° ~Z ~~~~~ a S~°~ggg~5~u~~ i ~Q~~~ v __ I ._- ~ ._ ~"~a~m onvn __ _. i i J I o d y da ~~ " ~7 yAy ~ d LL ~ [ iCY 3~ '- ~. i X rB w kS - - -. _ - --- _ I I ppY ~ ~ 1 1 1 e ~ I T ... J..._._.._. -.--. .. 1 I _ -- _y- __._ .~-. ___'._.~_._-.~_..~-~.. .-. f _ __ ~ylY ~ ~iNiWb 01 11 I 1 ~ O Q _.... - -- -^ _ ' !_ __.T .._.- '~ Wapyy,uei'a ~~ ~..mwu+ red ' ` O .._. ---~-- __-, _ . _.._ ....--'- __ I 4 ~ 5Y I fi^ I I 'Y . 'i ~~ ~NV ' ~9 ~~ d ~ ~b I ~ I i - .._ _.. __. - , ~ .._ -. ~.._- .__._ C O -. -.. I ~ IIOI~CM 41b ~', __ ... ~ ~' j + 1 1 n _ ._..__ - -- V ' ~. 1 y C ~ Form MAP.PLAT - "WinTOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE M ' F' N . 01 21 53 Page #161 Deed for Lot 253 -•7~LAi-WAinMr ~• ~n -orm Act al NoF-~AU-np0 tw t'nNO•MCerO~n~ NAnry H,It, In[ . IIWNnb I!• 0 i •~~ no~~ il-9 .,r 525 (ll.~jl~ ~CEb, AlAUF,' TI1h.' 5th tft+st ~l Uacember ..I r,ur Lout om• thwrtla,7t1 nine lutndrrd eighty-eight {1988) . !3 ~ 0 » N r. C ~' r trr s, r -n to T -: ~ ~: rn ,w', ., O •n ...{ r" T Q7 ht the yrar MYERS 1;F,'TWF.'h.:~i JAMES D. FLOWER and FAI'T'H /. FLOWER, hie wife, of the eorouq:l of Carlisle, Cumberland County,Pennsylvania, parties of the first part, Grantors, ~t"'!C[iRISTINE M. CRIST and ROBERT G. CRIST, her husband, of Camp Hi 11, Cumberland County, Pennsylvania, parties of the second part, G,u,ttw' s: It'ITNF.'ssh.'TH, rh„r ru rr,n~hlr,•rttrott of One 'thousand F1ve Hundred ( $1, 500.00) jr. hrtn,! pnul, fh, i rv'~ tp1 ,rGrr„d i•: !u'rrGJ arkum,~l,'r(p,vi, f1U^ prlld r/,x,ntnr g drr hrirl,U !/tttnf r,,,r! r•ruu~r„ t., tIt< so „1 u~rt~~t''''s• their heirs and assigns, ALL that certain lot of land known and designated as Lot No. 253, on plan of lots of Michael Meylert, situate in the Horough of Laporte, Sullivan County, Pennsylvania, bounded and described according to a survey thereof made by w. R. Stepp, Surveyor, dated 1952, as follows, to wit: 11f:~INNlU~ at a point on the Northerly side of Cherry Street as ].aid out on said plan, which point is at the distance of Twa tIUndred {200} feet Westwardly from the intersection of. the Northerly aide of Cherry Strc~e aforesaid and the Westerly side of West Street as shown on said Plan; thence West along the Northerly side of Cherry Street, Forty (40) Ceet to a point in ling of Lot No. 252% Two 'nfundredtSixtX (260) line of Lot '+o. 252 parallel to west Street, Ccet to a point nn the South side of Meylert Street as shown on said plan; thence East along the South side of Meylert Streit, Forty (40) Ee,et to a point in line of Lot No. 254; thence South along line of Tc,t No. 7.54 and paraLLe1 to West Street, Two Hundred Sixty (26(11 feot to trio point and place of BEGINNING. CONTAINING `Ten Thousand Fouz llundred square feet of land. TIEING the same property which was conveyed by David Nelson Bradshaw, et al, by deed dated September 6, 1955 and recorded in the Office of the Recordex of Doeds to and for Sullivan CountgrantedpandeconveyedltonJames in Deed Book , Vol. . Pa4e + D. Flower and-Faith Myers Flower, his wife, Grantors herein. ~~ Form SCNLTR -'1MnTOTAI"appraisal software by a la mode, inc. -1-800-ALAMODE [M • •I ".011-253 Paae #17 Deed .. . ooor< ias F,«I: szs AND eke said pR>ttora hrraby covenant and opus tAat they wlfL warrant generally fhe properly Arreby eonveyvd. s,,;, v er„ a Tvp. ^ COMMON\NEAITk OP PeNNSYLV,4NlL, _: s• • •° •• •~,ry••~ n^'•rrud:hl nr i ~ DEFgRTMENi OF NEVF.NUE - •- •• ~~ m - _ iRAN9flA DEC17Ye 'fir.' 15, 0 0 _= ~ •`~f .OC,L' 1 ~ •1933 1' ' - Tax ~; . ° Paulta ~~~~ Sul~gJiaunty Schonl 0»Irid ~' v S • . a Uead Trcrrtrr Tax it,........~1^~~•. t utC13 ~~88 /i , • ~.: ~~ ~ \ .f Y~ t ~YSi •., 111^ , ' M WITNESS WFI6REOF, Bald pronlore have hereunto ere their hnnd s and evnls the day and year Rnt abour rcritttn. ~ ~ ~~ ~ ~ y, ! itgnett. fleattD aa0 #DeiWereD J ea D. Flower la tlJt ~Ct6tlltt Ot .. .............................. aaA` ........................:............ . ..... . Faith M e~jj~~~JJa-~tt Flower ~,v~~ ~ d ,, r Stag o/ Pennsylvania ae. County ~~/ Cumberland tp gg ~ ~/ore mr, On this, eke 5th day o/ December eke Nnde»ipned ogieer, prqunally appeand ,James D. Flower and Faith Myers Flower, his wife, knoeun to me (or ea!!a/aetorily pf+ovan) to 6a t!u person s whose name 8 are aubaeribed to eke wilAln inslsument, and acknowledged that they ezeenled same for tAe pur~xraea lhrrrin :.?~{1G . eontatned. r~ • 1N WITNESS WNEREOF,.1 hereunto ,a/~e~,l`( my hand an/d/o/`eD'ie~ seat. ~• ,'r}'•~ ~:•"", 1...f..~,~ArS.~.S...~L4.'.lr.l•1.~1w.. L.i...~~.L.Y~..'S.~I.+ x\AI. N07ARIA~ A~• Titlr aldl7trSit'• EaURA A. 01SZUNE, naerr RMIa - c.rll,t.. c,naeeant a~ey My C,mmiWm E~yin, hVarch 26. 1989 I do ksrebY ~rti/y that tAt preeiae reaidrnee oad complatt poet o,Qiee addreeA of the wilRin named grantee s b 1915 Walnut 6treet, Camp Hi11, Pennsylvania 17011. rp ee RECORDED ..~~--$.'~~9~~:.-.~ :.................... DEC 1 31986 ~ ..~{t,,,reFfev-...._...G kaeta .............•..._...•.......... tiCu'wIfN AND eccADea Form SCNLTR - "WinTOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE Fil N 011011-253T Paae #~ Deed for Lots 254 & 255 aHS-rn.~t-r,..l.~ n.ra CL~d C~J ih„E ~.~S flare IINI, ear., lM11u~, Pr w °""~ji~ ~6maenture, 11fADL TI{E lst day of AUGUST in tka year of our /.oxf ons tkoueand nina handrail seventy-oeven. BF.T{VEEPI EUN[CE INGItAM MYERS and .IOIIN E. MYERS, her husband, of Lemoyne, Prnnnylv:enia and JEAN M. JONES sail HAROLD JONES, her husband, of Wormleyaburg, Prnnnylvania, of [hc ftraC part AND ROBERT C. GRIST and CHRISTING M. CRiST, husband and wife, of Camp Nill, Prnnaylvania, of the a«ond part, IVITNESSETH, that the acid part ica o/ th< jest part, /or and in eonsidcrafion of tkc sum of ONE -°-------------------------(SI.OO>---------------°------ Doltara, Gt,a/ul motuy of the United Statca of America, veto them eerlt and trrdy pant by the arlid part trs o/ the second part, at and before the arotinp and dclio<ry o1 these presents, the reecitlt unc~rcoJ is hereby aeleMOtalcdped, have remised, relca,cd anti quit-claimed, and by these preecnta do remeae, retearc and /orrvar gteiE.efal>n unto the acid part its of the aeeotld part, their hairs and assigns, all their right, title and interest as devisees under the Last Will and Testament o[ Henrietta O. Inghan in and to: A1.1, those two certain lots situate Jn l,apart.e Rnraugh, Sulltvar County, Pennsyl- vania, baundpd and denerihed as follows: I.OT NO. 1. l.ot No. 255 on I'lnn of I.ote of Hichael Ncylert: BtC.tNNINt: at a point nn the Northerly aide o[ Cherry Street ns laid out on sold plane uhieh paint is at the dtatnnce of One Hundred Twenty feet Wes wardly fron the intersection of the Northerly side of Cherry Street aforesaid and the Westerly side of {:cat StrceC as shown on acid plan; th~ncc West along the Northerly side of Cherry Street Forty feet to a pninC in line of Lot No. 254; thence Northerly slang tier of Lot No. 254 parallel cn West Street Two Hundred Sixty feet to n goinr on the South stile of lL:ylcrt SCreeC au shown nn an id plan; thence Fast along the South stile of Meylert titrcet Foeey Ceet co a point in line of Lot No, 256; thence South along itne of l.ot Na. 256 and parallel to West Street 'Iwo Hundred Sixty feet ca the Point and place of beF,innlnp. C.ONTAIN[NG Ten Thoaaand Faur Hundred square feet of land. IlG[NC the same premises conveyed by David Nelson Bradshaw et al to Robert C,. Crl:et. and Chrlntlne N. Crint by decd dared September 6, 1951 and recorded in Sullivan County Dred Bonk 6S at Pagc 69. LOT N0. 2. Lat No. 254 an Plan of 1.otn of Michael hleylcrt: BFf.r1eN[T:C at a point an the Northerly aide of Cherry 5Creec as ]std out on sa Gl plan, whtch point ie at the distance of One llundred Sixty fret Westwardly from tha (ntcrsection uE the Northerly stile of Cherry Street nforasaid and the Wcr,tetly side aE Went Street as nhnwn an said plan; thence Wcat along the Nortlu rl.y side of Cherry Street Forty feet to n pofnc in line of Lot No. 253; thence Northerly along line of Lot No. 253 parnllcl to Wcat Street Two Hundred Sixty feet to a point on the South stile oC Neylcrt Street ns shown on said plan; thence Eaot along Lhc South Hide of tdcylert Street Forty feet to a point In line of l.ot No. 255; thence South along line of Lot No. 255 and parallel co West Street Two hundred Sixty feet to the point and Flncc of beginning. CONTAtN1NG Ten Thaueand Four Hundred oquare feet of land. BEING N,e same premisce conveyed by David Nelson Dradahaw et al to Robert C. Criet on3 Cltriatlne N. Criat by deed dated April 1, 1965 and recorded t.n Sullivan County Deed Book 76 at Pagc 593. Form SCNLTR - "WinTOTAL" appraisal software by a la mode, inc. -1-S00-ALAMODE i 'I ."011-253 Page#19 Deed This deed is made, executed and delivered to remise, release and quitclaim unto the partieB of the second part, their heirs and assigns, sll the interest in the above described'pfemiaes which L~unice Ingham I'fycra and Jean Ingham Jancs may have acquired as devisees under the I,nst Will and Testament of Henrietta 0. Ingham, which Will is recorded in Sullivan County Register s Docket and Will Book Na. 1D at Page 33. ~ Form SCNLTR - "WinTOTAI" appraisal software by a la mode, inc. - 1-800-ALAMODE Main File No. 2D11-253 P-~ as Deed c~~~ i/~; „~~E f'~0 TOGETfIER with all and ainpular the tenements, hareditamenta and appurtonaneea to the same 6elonpinp, or in anywesa appartaininp, and the reversion and reversions. remainder and re- maindera, rants, issues and profits thereof; and also, alt tho estate, right, title, interest, proporty, e(aim and demand eohatsoavar, 6olh in lato and epuity, o/ ilea said part !ee of t!so first part, of, in, to or out of the said prenetacs, sad even/ part and parcel thereof. TO HAVE' AND TO HOLD the said premises, witk a!l and singular the appurtenances, snto the said parties of the ascend part, their hoirs and assigns, to and for the only proper use and 6abooJ o/ tho said part ieo of the aoeorrd part, their heirs and aaeit» /orsver, 1N SVITNESS WHEREOF, the said parties o/ the first part have kareunto set their hands and seals Elu day and year first above written. t,lgnt0, staltb ero ~tltbtrto ~~~At.~'a-«a.~.lu,~cQ..~rt..~.~j ~dd_.....-..... rs ~ Bu ice In hom t~ycre (n the ~lrerente of ~ ., $ _.. ~ ~ ~~:.. ~.tu a..._ ....._._...._............ eR J b E ~Hye~e ...~.x ~:ls>~..~~z~~ ......... ..^ M. Jonagr :.. .. .................... a~L Harold Jones Received the dry of the dale of the a6ova lndanturo of tho aLova +ra~mcd tho start of Dollars, 1awJut nwney of tke United States, aainp tho oonaedemtion moray abovo mentioned ift /t.u. Witness: Form SCNLTR - "WinTOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE Main File No. 2011--253~e Deed State of 1~k;NNSYI.VANIA as. Rotcnty nj C.'UMBERLl1ND ~ . Un this, the 1st daY ^f Atiqus r , t977 , 6a/ore sv~r, the tr-,dcrsipnrd o~ccr, ntraonally appcarad Eunice Int;hnrn Mycrn and John E. My+~rA ANIf ,Ir,~n M. Jones and Harold ,Toney k»v,vn to :nc jor satiajactorily trroaen) W 6e the person a whew Hants s are aubaetYbed to tlec uritiri,t i,~strterncnt, rend rtclrnotvtedprd Hutt they crecettCd same /or the pnrpnars thrrcirt cotttnincd. !n wit:ee~r.+ r~~hcreo/, ! herctent^csct mu haxd and a~ctat Aral. ~; l State o/ Cuunty of do this, thc~eatsr'r-+ GNU tst<.:aKUr,~day ^j ty , br./^ra +n-. the undt•reitt„cd uJJic, r, prrs^r+^Jtu erpprarcd , know» to me (or satisfnctorit>I proven) to brt thr prrso» u1hese name subacrtibcd to the within instrunte»t, and aclcnou~IcdQed thaE ezcnetcd aa+»r Jnr the purnoara tt,cr~?in ur»taincd. fn wit»eaa +uhereo/, 1 hereunto set my hand and offcutt srcel. 1 t ~I~~ ~~ ... ..... .. _ ... .... t1~A L.. CERTIFICATt," OF l~'F;S1nF,NGE' t do hereby eertijy that the procure residence seed c^mptete post a~ee addreu of the within teamed grantee is: 1.915 Walnut Street, Gamp yH,iil, P1ennuylvania,17Q11. 1977 ... /); t,._..,G!2.....,F.:Af;~...,..._. Bf,;.~{ ~~ ~ ttnrnty Jor ........,. Grantor........,.......,...... . ~,a-~ s,~t;E f 7~ Form SCNLTR - "WinTOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE Reeser Appraisals, LLC. - Borrower Crist Christine Fie No. 2011-253 Pro a Address 780 Ch Street C La orte Coum Sullivan State PA Zi Code 18626 Lender Estate of Christine Crist PROPERTY HISTORY OF SUBJECT PROPERTY In developing a real property appraisal, when the value opinion to be developed is mariret value, an appraiser must, if such information is available to the appraiser in the normal course of business: (a) analyze all agreements of sale, options, or listings of the subject property currerd as of the effective date of the appraisal. (b) analyze all sales of the subject property that occurred within the three (3) years prior to the effective date of the appraisal. The appraiser has attempted to obtain specific information on the subject property wRh the following findings: ^ The subject property has had no change of ownership in the past three (3) years. ® The subject properly has had no change of ownership in the past five (5) years. ^ The subject property is currently under corkract. Details of the pending purchase are summarized below. ^ The subject property is currently offered for sale: The listing price is 5 ^ The subject property has been sold in the past three (3) year period. Details of the previous sale(s) are discbsed below. ^ The subject properly is proposed construction and is not currently being offered. ^ A previous sales history of the subject property could not be obtained by the appraiser in the normal course of business. Comments: Farm PHS2 - "WinTOTAL"appraisal software by a la mode, inc. -1-800-ALAMODE MULTI-PURPOSE SUPPLEMENTAL ADDENDUM FOR FEDERALLY RELATED TRANSACTIONS Reeser Appraisals, LLC. Owner Estate of Christine Crist Pm a Address 780 Che Street C' La orte Cau Sullivan State PA Z Code 18626 raiser Steven H. Reeser This Multi-Puryose Supplemental Addendum for Federally Related Transactions was designed to provide the appraiser with a comeniem way tc comply with the current appraisal standards and requiremems of the federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of Curtency (OCCj, The ONice ct ThrRI Supervisan (OTSj, the Resolutbn Tmst Corporation (RTC), and the Federal Reserve. Thb MuNi-Purpose Supplemental Addendum Is for use with any appoisal. Ony those ataMmanffi which have been checked by the appraiser apply to the property being appraised. J ® PURPOSE & FUNCTION OF APPRAISAL The purpose of the appraisal is to estimate the market value of the subject property as defined herein. The function of the appraisal is to assist the above-named Lender in evaluating the subject propedy for lending purposes. This is a Federally related hansactian. ® EXTENT OF APPRAISAL PROCESS ® The appraisal is based on the irdannation gathered by the appraiser from public records, other idergRied sauroes, inspection of the subject property and neighbarhocd, and selectbn of comparable sales within the subject market area. The original soume of the comparables is shown in the Data Scurce section of the market gdd along with the soume of canikmation, if available. The arginal source is preserded first. The sources and data are considered reliable. When conflicting information was provided, the soume deemed most reliable has been used. DaU believed to be unrekable was not included in the report nor used as a basis for the value canclusicn. ^ The Reproduction Cast is based on supplemented by the appraiser's knowledge of the local market. U Physical depreciation is based on the estimated effective age of the subject property. Funcbanal anNor external depreciation, it preserd, is specifically addressed in the appraisal report or other addenda. In estimating the site value, the appraiser has relied an personal knowledge of the local market This knowledge is based on prior anWor cunent analysis of srte sales andror abstraction of sle values from sales ~ improved properties. ® The subject pmpeny is located in an area of primarily owner-occupied single family residences and the Income Approach is not considered to be meaningful. Far this reason, the Income Approach was not used. ^ The Estimated Market Rent and Gross Rent Multiplier util¢ed in the Income Approach are based an the appraiser's knowledge al the subject market area. The rordal knowledge is based on pdor and+or currem rental rate surveys of resider~al properties. The Gross Rerd Mugplier is based on prior anrVor current analysis of prices and market rates for residential properties. ^ fror income producing propedies, actual cards, vacancies and expenses have been reported and analyzed. They have been used to project future rents, vacancies and expenses. ® SUBJECT PROPERTY OFFERING INFORMATION According to executors the subject property ^ has not been offered for sale in the past 30 days. ^ is cumentp~ offered for sale for $ ^ was aHered for sale within the past 30 days for $ ^ OBedng irdormation was considered in the final reconciliation of value. ^ Offering irdormaticn was not considered in the final reconciliation of value. ^ Ottermg irdarmatian was not available. The reasons for unavailabtity and the steps taken by the appraiser are explained later in this adderWum. ® SALES HISTORY OF SUBJECT PROPERTY According to Assessment records the subject property. ^ has not transferred in the past twelve months. ®has not transferred in the past thirty-soc mamhs. ^ has transferred in the past twelve months. ^has transferred in the pastthirty-sa months. ^ All prior sales which have occurred in the past twelve months are listed bebw and reconciled ro the appraised value, either in the body of the report or in the addenda. Date Sales Price Document # Seller Buyer ® FEMA FLOOD HAZARD DATA ^ Subject property is not located in a FEMA Special Flaad Hazard Area. ^ Subject property isJgsated in a FEMA Special Flood HazaN Area. Zone FEMA Map/Panel # Map Oate Nama of CammunHy D Communi doesn't artici ate NA ®The community does not artin ci°ate in the Natonal Flood Insurance Pmgram. ^ The community does oarticioate in the National Flood Insurance Program. ^ It is covered by a [EflWat program. ^ It is covered by an pmptg)<OCy program. Page 1 of 2 Farm MPA - "WinTOTAL"appraisal software by a la mode, inc. -1-B00-ALAMOOE ® CURRENT SALES CONTRACT ® The subject property is torten jy not under contract. ^ The contract and/or escrow instructions were not available for review. The unavailability of the contract is explained later in the addenda section. ^ The contract and/or escrow instmctions were reviewed. The tolawing summaries the contract: Contract Date Amendment Date Contract Price Seller Estate of Christine Crist ^ The contract indicated that personal property was nm included in the sale. ^ The contract indicated that personal property fNe,SiuGWded. h consisted of Estimated contdbutmry value is $ - ^ Personal properly was not included in the final value estimate. ^ Personal property was included in the final value estimate. ^ The contract indicated no financing concessions or other incentives. ^ The contract indicated the following concessions or incentives: ^ Ii concessions or incentves exist, the camparebles were checked for similar concessions and appropdate adjustments were made, if applicable, sr that the final value conclusion is incompliance with the Market VaWe delved herein. ® MARKET OVERVIEW Include anexplrrrredonofeurmmmerketcorWitlanaandtrends. 3-6 momhs is considered a reasonable markefing pedod far the subject property based on a review of local MLS data. ~ ADDITIONAL CERTIFICATION The Appraiser cert'rfies and agrees that: (1) The analyses, opinions and conclusions were developed, and this report was prepared, in cordormity wdh the Uniform Standards of Professional Appraisal Practice ("USPAP"), except that the Depadure Provision of the USPAP does na apply. (2) Their compensation is not cenlingent upon the reporting of predetermined value rr direction in value that favors the cause of the client, the amount of the value estimate, the attainment of a stipulated result, a tfle accurence of a subsequerd event. (3) This appraisal assignment was not based on a requested minimum valuation, a sperafic vauation, or the approval of a loan. ® ADDITIONAL (ENVIRONMENTAL) LIMITING CONDITIONS The value estimated is based on the assumpffrn that the properly is nM negativey affected by the edstence of hazardous substances or detrmental environmental conditions unless otherwise stated in this report. The appraiser is nd an ~eA in tfra identification of hazaNaus suhstances or detrimental environmental conditions. The appraiser's rordine inspecton of ark inquiies about the suhject property did not develop any information that k~dicated any apparent significam hazardous substances or detdmental environmerdal condlbns which would affect the property negatively unless rtherwise stated in this report. It is possible that tests and inspections made by a qualified hazardous substance and environmerdal expert would reveal the existence of hazardous substances or detdmental environmental conditions on a around the properly that would negatvely affect tts value. ^ ADDITIONAL COMMENTS ® APPRAISER'S SIGNATURE & LICENSE/CERTiFICATION _ ~- - Appraiser's SignatureY- is ~~~--- Effective Date August 16th, 2011 Dale Prepared 11/09/2011 Appraiser's Name (prird) = St6v - ewer Phone # f570 1 368-4595 State PA ~~icense - ®Certfication # GA-001444E Tax ID # 26-404-6563 ^ CO-SIGNING APPRAISER'S CERTIFICATION ^ The co-signing appraiser pgsyersmnal(y inspected the subject properly, bath inside and out, and has made an exterior inspection of all comparable sales listed in the report. The report was prepared by the appraiser under direct supervision of the co-signing appraiser. The co-signing appraiser accepts esponsihilily far the contents of the report including the value conclusions and the limiting conditions, and confirms that the certilicatbns apply tally to the co-signing appraiser. ^ The co-signing appraiser has nm[ personally insgected the inledor of the subject property and: ^ has not inspected the exteror rf the suhject property and all comparable sales listed in the report. ^ has inspected the extertor of the suhjed property and all comparable sales I'sted in the report. ^ The report was prepared by the appraiser under direct supervision of the co-signing appraiser. The co-signing appraiser accepts responsibility for the cordents of the report, including the value conclusions and the lining conditons, and confirms that the certfiicatians apply fully to the co-signing appraiser with the exception of the certfiica0on regarding physical inspections. The above describes the level of inspection performed by the co-signing appraiser. ^ The co-signing appraiser's level of inspection, involvement in the appraisal process and certification are covered elsewhere in the addenda secton of this appraisal. ^ CO-SIGNING APPRAISER'S SIGNATURE & LICENSE/CERTIFICATION Co-Signing Apprarser s Signature Effective Date Date Prepared Co-Signing Appraiser's Name (pdnt) Phone # I ) State ^ License ^ Certification # Tax ID # Page 2 0l 2 Porn MPA-"WinTOTAL" appraisal software by a la mode, inc. -1-800•ALAMODE - .~z~] ENVIRONMENTAL ADDENDUM APPARENT* HAZARDOUS SUBSTANCES AND/OR DETRIMENTAL ENVIRONMENTAL CONDITIONS Owner Estate of Christine Crist Address 780 Cherry Street City Laporte County Sullivan State PA Zip code 18626 A r Steven H. Reeser *AppaLeBt Is defined u that whNdt Is visible, obvious, evident or manifest to the appraiser. This universal Environmental Addendum is for use with arty real estate appraisal. Only the statements which have been checked by the appraiser apply to the property being appraised. This addendum reports the resuds of the appraiser's routhte inspection of and inquiries about the subject property and its surtounding area. It also states what assumptions were made about the existence (or nonedsterrce) of any hazardous substances and/or detdmemal environmental conditions. the appraiser is not an expert enWronmental jD~1Qt and therefore might be unaware of exisMg hazardous substances amUar detdmemal environmental conditions which may have a negatae effect on the safely and value of the property. It is possible that tests and inspeckons made by a qual8ed environmental inspector would reveal the e>stence of hazaNous matedals andor detdmemal environmental conditions on or around the property mat would negatively affect its safety and value. WATER _] x Odnking Water is supplied to the subject irom a muncipal water supply which is considered safe. Rowever the only way to be absolutely certain that the water meets published standards is to have it tested at all discharge points. Ddnking Water is supplied by a well or other non-muncipal source. It is recommended that tests be made to be certain that the pmperty is supplied with adequate pure water. x Lead can get into ddnking water from its souroe, the pipes, at all discharge paints, plumbing fixtures and/or appliances. The only way to be certain that water does not codtain an unacceptable lead level is to have A tested at all discharge points. x The value estmated kt mis appraisal is based an the essumpdon that mere is en adequate supply at sate, Idd-free drinking Water. Comments ~ _ - - --____ -- _ ___ - 3AN(TARY WASTE 01SP0Sl1L _ _ _ -_ __ _ -- -- Sanitary Waste is removed from the property by a municipal sewer system. x Sanitary Waste is disposed of by a septlc system or omtx sanftary on site waste disposal system. The only way to determine that the disposal system is adequate and iri good working conddbn is to have d inspected by a qu~ified inspector. x The value estmated in this appreisal ie based on the assumptlon thatthe Sanitary Waste is disposed of by a muncipal sewer or an adequate property permitted altemare treatment system in good wrrditlon Comments x There are no appa[At signs of Spa Comaminams on ar near the subject property (except as reported in Comments belowj. It is possible that researoh, inspection and testing 6y a qualified environmental inspector would reveal exisfing and/or potengal hazaNaus substances and/or detdmemaE environmental candabns on or around me pmperty that would negativey atlect its satay and value. x The value estmated kr this apprelael b based an me assumptlon mat the subject property is bee of Soll Contaminerrts. Commems ~ A B _ _- :} x All or part of the impovemems were consbucted before 1979 when Asbestos was a common building matedal. The only way to be certain that the property Ls bee of triable and non•fdable Asbestos is to have it inspected and tested by a qualified asbestos inspector. _The improvements were canstmcted after 1979. Nr app;t[ept Triable Asbestos was observed (except as reported in Comments below). x The value esdmated in mla appreisal is based an me assumptlan mat mere is no uncontained triable Asbestos or omen Ira~rdous Asbestos material on the property. Comments PCBs (POLYCHLORINATED_ @IPHENYLSI x There were no i1RRaLCnt leaking guorescerd light ballasts, capacitors or transformers anrywhere on or nearby the property (except as reported in Comments below) x There was no appa®ut visible or documented evidence known to the appraiser of sail ar groundwater contamination from PCBs anywhere on the property (except as reported in Comments below). x The value estmated in this apprelsal is based on me assumptlon that mere are no uncontalned PCBs an or nearby the property. Comments RAD N ~] x The appraiser is not aware of arty Radon tests made an the subject property within the past 12 months (except as reported in Comments belowj. x The appraiser is not aware of any indication mat me local water supplies have been found to have elevated levels of Radon or Radium. . x The app2iser is not aware of arty nearby properties (except as reported in Comments below) that were or curently are used for uranium, thorium or radium extraction ar phosphate processing. x The value estimated In thk appraisal ie based an me assumptlon that the Radon level Is at or below EPA recommended levels. Comments Reeser Appraisals, LLC. Form 69F -'NYinTOTAL" appraisal software by a la made, inc. -1-800-ALAMOOE USTs (UNDERGROUND STORAGE TANKS) x There is no aggateDt visible or tlocumernetl evidence known to the appraiser of any USTs on the property nor any known historical use of the property that would likely have had USTs. x There are na apgaLeot petroleum storage anNa delivery facilities (including gasoline stations or chemical manufacturing plants) located an adjacern properties (except as roported in Comments below). -There are agpat~l signs at USTs existing now ar in the past on the subject property. It is recommended that an inspec8on by a qualified UST inspector be obtained to determine the lacatan of airy USTs together with their condition and proper registratbn ft they am active; and 0 they are inactive, to determice whether they were deac8vated in accordance with sound industry practices. X Tire value estlmeted'n tlds appraisal Is based an the asaumptlon that any lunctloning USTs are not leaklrg and are propedy registered and that any e<tendoned USTs are hee han rxadaminatlat aM were property drelned, tllled end sealed. Comments ~ NEARBY HAZARDOUS WASTE SITES _] x There are no appatP~I Hazardous Waste Sites on the subject property or nearby the subject property (except as reported in Comments below). HazaNous Waste Site search by a trained environmental ertgincer may determine that there is one ar more Hazardous Waste SAes on or in the area of the subject property. x The value estlmated kr this apprelsel Is based an the assumptlon that there are no Hemrdous Waste Sites on or nearby the subject property that negatively aMect the value a safety of the properly. Commems UREA FORMALDEHtt~ NFFl) INSULATKIN x All or part of the improvemerns were constructed before 1982 when URFA tram insulation was a common build'mg material. The only way to be cedain that the property Ls free of URFA fartnaldehyde is to have a inspected by a qualftied URFA formaldehyde inspector. -The improvemerns were consiucted after 1982. No agpa®ni URFA formaldehyde materials were observed (except as reported let Comments below). x The valueeslknatedlnlhbappralsellsbasedontlreassumpUOnlhatlherelsnoslgnHlcarrtUFFllnsulatbnaotherUREAformeldehydemelerialanfheproperry. Comments PAMT -All or pad of the improvemerns were constructed before 1980 when Lead Pairn was a common huilding material. There Ls no aRAHaDt visible ar known documerded evidence of peeling or flaking Lead Pairn on the floors, walls or ceilings (except as reported in Comments below). The mnly way to be certain that the property is free of surtace a subsurtace Lead Paird is to have ft inspected by a qualfted inspector. -The improvemerns were constructed after 1980. No ;3RDatedt Lead Paint was observed (except as repoded in Comments helowj. x The value estlmated In this appraisal Is based an the assumptlon drat there Is no Baking a peeling Lead Peird on the property. Commems ~ AIR ] x There are no appa[PAt signs of Air Pollution at the time of the inspection nor were any reported (except as reported igComrnents below). The only way to be cedain that the ai is tree of pollydan is to haw: ft tested. x The value estirnaled In this apprelsel Is based on the assrrmptbn that the property is hee of Ak Pallutbn. Commems WETLANDS/H.O~ PLMNS ] x The sfte tlces not cornain arty apDa[e0t Wetlands/Flood Plains (except as reported in Comments below). The only way tin be certain that the site is free of Wetlands/ Flood Plains is to have ft inspected by a qualified environmental professional. x The value estlmeted In this appraisal b based an the essumptlan that there are noWetlands/Flood Plains on the property (except as reported In Commems below). Comments ~ MISCELLANEOUS ENVIRONMENTAL HAZARDS ] x There are no other apyaLelll miscellaneous hazardous suhstances anNor detrimental environmental contlftans on or in the area of the site except as indicated below: Excess Noise Radiation + Electromagnetic Radiation _ Light Pollution Waste Heat _ Acid Mine Drainage _ AgriculWral Pollution Geological Hazards Nearby Hazardous Property _ Irdectious Medical Wastes _ Pesticides O[hers (Chemical Storage + Storage Drums, Pipelines, etc.) x Thevalueesdmaaed'mtfilesepprelsallsbesedantlreassumptlonffiattherearenoMlscellaneousenvlrorvnemalHemrds(exceptrhosenpatedalwve)thatwculd negativety affect the value olthe property. When any of the erwtrormemal assumptlons made In this addendum are not wrrect, the estlmated value In tlris apprelsel may notbe valid Form 69F - "WinTOTAI" appraisal software by a la made, inc. -1-800-ALAMODE DEFINITION OF MARKET YALUE: The mast probable price which a property should bring in a competitive and open market under all conditions reqursae to a fair sale, the buyer and seller, each acting prodentty, Imowledgeably and assuming the price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to huyer under condfiions whereby: (1) buyer and seller are typically motivated; (2) bath parties are well informed mr well advised, and each acting in what he considers his own best interest; (3) a reasonable time is allowed for 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 tar the property sold unaffected by special ar creative financing or sales cancessians* granted by anyorm associated with the sale. * Adjustments to the comparables must be made for special or creative financing or sales concessions. No adjustments are necessary for those casts which are normally paid by sellers as a resufi of tradition or law in a market area; these casts are readily identdiable since the seller pays these costs in virtually all sales transactions. Special or curative Financing adjustments can be made to the comparable property by comparisons tm financing terms offered by a third pally insMutbnal lender that is not already involved in the property mr transaction. Any adjustment should not be calculated on a mechanical dolor far dollar cost of the financing or concession but the dollar amount of any adjustment should approximate the market's reactbn to the financing or concessions based on the appraiser's judgement. STATEMENT OF LIMITING CONDITIONS AND APPRAISER'S CERTIFICATION CONTINGENT AND LIMITING CONDITIONS: The appraiser's certification that appears in the appraisal report is subject to the following conditions: 1. The appraiser will not be responsible tar matters of a legal nature that affect either the property being appra~ed or the title to k. The appraiser assumes that the title is good and marketable and, therefore, will not render arty opinions about the fftle. The property is appraised on the basis of d being under responsible ownership. 2. The appraiser has provided a sketch in the appraisal report to slaw approximate dimensbns of the improvements and the sketch is included only to assist the reader of the report in visual¢ing the property and understarMing the appraiser's detertninafion of its s¢e. 3. The appraiser has examined the available flood maps that are provided by the Federal Emergency Management Agency (or other data sources) and has noted in the appraisal report whether the subject site is located in an identified Special Food Hazard Area. Because the appraser is not a surveymr, he or she makes no guarantees, express or implied, regaNing this determination. 4. The appraiser will not give testinony or appear in toad because he or she made an appraisal of the property in question, unless specific arrangements to dm so have been made beforehand. 5. The appraiser has estimated the value of the land in the cost approach at ds highest and best use amt the improvemems at their contributory value. These separate valuations of the land and improvements must not be used in cmnjunctbn wdh any other appraisal and are invalid ri they are so used. 6. The appaiser has noted in the appraisal report any adverse conditfons (such as, needed repairs, depreciation, the presence of hazardous wastes, toxic substances, etc.) observed during the inspection mf the subject property ar that he or she became aware of during the normal research involved in pedorming the appraisal. Unless otherwise stated in the appraisal report, the appraiser has no know~dge of any hidden or unapparent condhions of the property or adverse envirmnmental conditions (including the presence mt hazardous wastes, toxic substances, etc.) that would make the property more or less valuable, and has assumed that there are na such conditions and makes no guarardees or warranties, express or implied, regaNing the condition of the property. The appraiser will not be responsible for any such conditions that do exist or for any engineering or tesBng that might be required to discover whether such conditions exist. Because the appraiser is nal an expert in the field of emnronmental hazards, the appraisal report must not be cmnsidered as an environmemal assessment of fhe property. 7. The appraiser obtained the infonnatbn, estimates, and opinions that were expressed in the appraisal report from sources that he or she considers tm be reliable and believes them to be true and correct. The appraiser does not assume responsibility for the accuracy of such items that were furnished by other parties. 8. The appraiser will not disclose the contents of the appraisal report except as provided for in the Unitartn Standards of Professional Appraisal Practice. 9. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to satisfactory completion, repairs, or alterations on the assumption that completion of the improvements will be pedortned in a warkmanlice manner. 10. The appraiser must provide his or her prior written consent before the lender/client specked in the appraisal report can distribute the appraisal report (including conclusions a6cut the property value, the appraiser's identity and professional designations, and references to any professional appraisal organizations or the firm with which the appraiser is associated) to anyone other than the borrower; the mortgagee or is successors and assigns; the mortgage insurer; consultants; professional appraisal organzatians; any state or federally approved financial insfitNion; or any department, agency, or instmmentality of the Untied States or any state or the District of Columbia; except that the lender/client may distdbNe the property descrgtion sectbn of the report only to data collection or reporting service(s) wdhout having to obtain the appraiser's prior written cansem. The appraiser's written consem and approval must also be obtained hefore the appraisal can be conveyed by anyone tm the public through advertising, public relations. news, sales, mr other media. Freddie Mac Farm 439 6-93 Page 1 of 2 Fannie Mae Form 1004B 6-93 Reeser Appraisals, LLC. Form ACR - "WinTOTAI" appraisal software by a la rtrode, inc. -1-800•ALAMODE APPRAISER'S CERTIFICATION: The Appraiser cerilies and agrees that: 1. I have researched the subject market area and have selected a minimum of three recent sales of properties mast similar and pro>amate to the subject property for censideretbn in the sales comparison analysis and have made a dollar adjushnerd when appropriate to reflect the market reaction to those items of significant variation. Ii a signtlicanl item in a comparable property is superior to, ar more favorable than, the subject property, I have made a negative adjustment to reduce the adjusted sales price of the comparable and, fi a signilicard item in a comparable property is inferior to, or less favorable than the subject property, I have made a positive adfustment to increase the adjusted sales price of the comparable. 2. I have taken into consideration the factors that have an impact on value in my development ai the estimate of market value in the appraisal report. I have not knowingly withheld any significant information from the appraisal report and I believe, [o the best of my knowledge, that all statements and irdarmation in the appraisal report are hue and correct. 3. I stated in the appraisal report only my own personal, unbiased, and professonal analysis, opinions, and conclusions, which are subject only to the contingent and limiting conditions specified in this form. 4. I have no present or prospective interest in the property that is the subject to this report, and I have no present or prospective personal interest or bias wdh respect to the participants in the transaction. I did not hose, either padially ar completely, my analysis and/or the estimate of market value in the appraisal report on the race, color, religion, sex, handicap, familial status, or natronal origin of either the prospective owners or occupants of the subject properly or of the present owners or occupants c1 the properties in the vicinity of the subject property. 5. I have no present er contemplated future interest in the subject property, and neither my current or future employment nor my compensation for performing this appreisal is contingerd on the appraised value of the property. 6. I was not required to report a predetermined value or diectan in value that favors the cause d the client or any related pally, the amount ai the value estimate, the attainment of a specific result, ar the occurrence of a subsequent even[ in order to receive my compensation and/or employment for pedorming the appraisal. I did not base the appraisal report en a requested minimum valuation, a specific valua0on, or the need to approve a specific mortgage loan. 7. I pedormed this appraisal in conformity with the Uniform ~andards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal fvundatian and that were in place as of the eifective date of this appraisal, with the exception of the departure provisbn al those Standards, which does not apply. I acknowledge that an estimate of a reasonable time tar exposure in the open market is a condition in the definitbn of market value and the estimate I developed is consistent with the marketlng time noted in the neighbortwod section of this report. unless I have otherwise staled in the reconciliation section. 8. I have personally inspected the interior and exterior areas o1 the subject property and the exterior of all properties listed as comparebles in the appraisal report. I further certfiy that I have noted any apparent or known adverse canditons in the subject improvements, on the subject sde, or on any she within the immediate vicinity cf the subject property o1 which I am aware and have made adjusbnerds for these adverse condfiions in my analysis et the properly value to the extent that I had market evidence to support them. I have also commented about the effect al the adverse conditions on the marketability of the subject prapedy. 9. I personally prepared all conclusions and opinions about the real estate that wen; set forth in the appraisal repert. If I relied on signdicant professional assistance kom any individual or individuals in the pedonnance at the appraisal or the preparetion of the appraisal epoA. I have named such individuags) and disclosed the specific tasks performed by them in the reconciliation section of this appraisal report. I certity that any individual so named is qualified to perform the tasks. I have not authorized anyone to make a change to arty item in the report; therefore. rt an unauthorized change is made to the appraisal report, I will take no responsibility for il. SUPERVISORY APPRAISER'S CERTIFICATION: If a supervisory appraiser signed fhe appraisal report, he ar she certifies and agrees that: 1 directly supervise the appraiser who prepared the appraisal repod, have reviewed the appraisal report, agree wdh the statements and conclusions of the appreiser, agree to be bound by the appraiser's certifications numbered 4 through 7 above, and am taking cull responsibility for the appraisal and the appraisal repoA. ADDRESS OF PROPERTY APPRAISED: 780 Cherry Street Laporte PA 18626 APPRAISER: SUPERVISORY APPRAISER (only if required): Signature: 1v-% t -~/--,CGS '- Signature Name: Steven-Mi~2r~s~ Name: Date Signed: Wedraesdav Nov 16 2011 Date Signed: State Certification # GA-001444E State Certilicatian # or State License # or Slate License #: State: PA State: Expiration Date of Certirfication or License: 6/30/11 F~iretion Date of CertAication or License: ^ Did ^ Did Not Inspect Property Freddie Mac Form 439 6-93 Page 2 0l 2 Fannie Mae Form 10048 6-93 Form ACR - "WinTOTAL^ appraisal software by a la mode, inc. -1-600-ALAMOOE Main File No• 2411-253 Paae #29 license 10 0653012 Commonwealth of Pennsylvania Depairtmenlt al"State Bureau of Pro~:~~ibnai and Occupational Affairs PO Box 2, B~9 ~Iarrisburg PA 17115-2649 Certificate Type Certificate Status Certified General Appraiser Active Initial Certification Date 10/31/1995 STEVEN HOWARD REESER Certificate 25 West Third ST. Number Suite 301 Williamsport PA 17701 GA~f)1,444L Expiration Date 06/30/2013 V `_ -lam ,- -~ ,--~ ~% '~CIIIIL ~ 11f1117 11 5 6 1 0 0C1 Ul NI U~Ci~IUI/iII JO(I ~)CI LIIIIIUPOBI r~Il~lr) ~------~-- --_.._ m ;~ Form SCNLTR - "WinTOTAL" appraisal software by a la mode, inc. -1-800•ALAMODE The owner is Christine Crist. Address: 780 Cherry Street, Laporte, PA, 18626. The valuation date will be for the Estate at the date of death, which was 8/16/11. Hope this helps. I do not have any other information at this time. IR Ryan M. Leppo, AVP Form SC1 - "WinTOTAL" appraisal software by a la mode, inc. -1.800-ALAMODE M 'n F' .011-253 Paoe #31 Assistant Checklist '['HE BO\RD C;AN\O'f GRANT F.XPERIENCF. HOUR5 FOR APPRAISAL ASSIGN\1EN'fS 1N q'HICH THE L.ICEIVSCu_t+'rn~+~:~^~ 'PRAINF:F, IS \O'i PROPF,RL.Y >,CIC~N7OWI EDG(~ED 1N'1'H'hE,RE~PORT. I~~ }~ ~ SIJBJECI l'RUPGf( CY AUDRCSS: 1 ~O vh~~.~l-~~~~-1---' + ~Y-`~'+-~~~Z~ l'he licenscsl appraisal trainee to the certified real astute appraiser has contributed significant real ptroperq appraisal assistance in this appraisal sssignmeut. Specifically, the lirensed appraisal trainee: Yes 'o NIA assisted in the preparation of the vvorlstilc with all forms and general infra motion fur the appraisal - _ -- ~% _ •~ssisted in determining the scope of work of the appraisal. ,//__ __ Assisted in gathering and entering data as follows: tax assessment information and map, rood h:+~ard information and map, zoning information and map, location map and similar information. ,~ __ lnspected the subject property. if yes, accompanied by supervisor? __ {yes/no) Type of inspectimt fcheck one): .. _._. inferior ~___ exterior ,~ _ :\ssisted iu analyzing the highest and bsst use of the subject property. Assisted in gathering information for cmuparable land sales data, verified and analyzed the consparablc land sales data. __ _ _/ Assisted in g:+UFering data for the cost approach, including estimates of cost new and accrued depreciation. '~~Assisted in data and analysis for the income approach, including estimatcg of market rear, vacancy/expense o~nalysis, and - - - development of GR~l III' Caplla h/.a110n Pa(d• f - ,lssisted in gatlceriug and verifying comparahle sides data, and analysis ol'thc comparable soles. _ ~ _ :vssisted in the exterior inspection of the sales, rentals, laud and/or other comparahles. _~ _ Assis[edinslcetch+h'avvhtg. _~ assisted in catering subject and comparable dat:+ uu the fm'm and in (he conunant areas. .vssisted in reconciliation and final opinion of value Cor the subject property. ~/ lssistcd in the final review of this report. i)ther-- -------.--~.___..- .. . SIGNATl1RF. ()F THE:\PPIZAIS.\L TRAINEE ~~~ PfZL`7Tlf1'PL•' NAVE:~COLBY E. KOLB -------- - ----__._..___-...____..__ __-. _._-- 1'he supervising certified real estate appraiser certifies that the named individual did assist with the items checked above, and also certifies that helshe reviewed all work dm+c by the trainee. The supen'ising appraiser further certifies that the person signing this report as trainee understands the concepts and processes associated with the appraisal process. ,..- ~ `;. ~. ~.. SIGNA'TURF, Or SUPERVISING CERTICIfD RFAI ESTATE APPRAISER: '~~~~r~~_ Form SCNLTR - "WinTOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE PENNSYLVANIA STATE BOARD OF CERTIE'IED REAL ESTATE APPRAISERS I ` /~ REQUIRED C1(ECKI.IST ROR LK:ENSrD APPIZATSAi. TRAINEE 1 CIIE BO:\RU RE~l11RES '1'H1S C:HECKLIS'1' BE USED 1YHEN A LICENSF,D APPRAISAL 'fRA1NEE IS UT1L1'l.fl) lY THF. THG A PRAISAI RF.P()R TITHAT IS SUB, IITTED Tn HE CLtEN TAND RETAiNF.D IN T' IE AIPpRD ISAL \~\'ORKFII,E. \lADb Y:1R7' OT ~.~c~t ~irr ~r~~ ~e~t~cn~er~t OF CHRISTINE M. CRIST I, CHRISTINE M. CRIST, of the Borough of Canlp Hill, Cumberland County, Perulsylvania, being of sound and disposing mind, memory and understanding, do hereby make, publish and declare this as and for my Last Will and Testament, hereby revolting and making void any and all Wi11s or Codicils at any time heretofore made by me. ARTICLE I DEBTS I direct the payment of all my legal debts and the expenses of my last illness and funeral fiom my Estate as soon after my death as conveniently maybe done. ARTICLE II TANGIBLE PERSONAL PROPERTY I give and bequeath my motor vehicles(s), household and personal effects and other tangible !i personalty of like nature (not includuig cash or securities), together with any existin€; insurance thereon, unto my daughters, CATHERINE C. MARCSON and JESSICA C. GRAYB:[LL, or the survivor should either predecease me, to be divided between them in as nearly equal shares as is practical in accordance with their personal preferences. In case of disagreement as to the disposition of any item or items, I direct that the same shall pass in accordance with Article N of my Will. ARTICLE III SPECIFIC DEVISE OF REAL ESTATE I devise my real estate situate on Cheery Street, the Borough of LaPorte,. Sullivan County, Pennsylvania, unto my daughters, CATHERINE C. MARCSON and JESSICA C. GRAYBILL, as joint tenants with light of survivorship, provided that should either predecease me, I devise the same unto the survivor of them. ARTICLE IV REST, RESIDUE AND REMAINDER I give, devise and bequeath all the rest, residue and remainder of my Estate, of whatever nature and wherever situate, unto my daughters, CATHRINE C. MARCSON and J11:SSICA C. GRAYBILL, ul equal shares. I give, devise and bequeath the share of either who may predecease me unto her then-living issue, per stapes. ARTICLE V UNIFORM TRANSFERS TO MINORS ACT Ili the event any beneficiary of my Will has not reached the age of twenty-five (2;5) years at the time for distribution of his or her share, distribution of said share maybe made in the: discretion of my Personal Representative after considering the age and needs of the beneficiary, either directly to the beneficiary or to a Custodian for such beneficiary until age twenty-five (25) under the Pennsylvania Uniform Transfers to Minors Act, 20 Pa. C.S.A § 5301 et seq., or the applicable Uniform Gifts to Minors Act or Uniform Transfers to Minors Act in the state of residence of such beneficiary as the case may be. My Personal Representative may designate as such Custodian any institution or person, including my Personal Representative, qualified to act as a Custodian for such beneficiary under such Act in effect at the time such distribution is made. A receipt for any 2 pa}m~ent or distribution so made shall be a full discharge therefor to my Personal Representative, who shall not be responsible to see to, or be liable for, the application of such proceeds thereafter. ARTICLE VI TAXES I direct that all estate, inheritance, transfer and other taxes of similar nature payable by reason of my death, together with any interest or penalties thereon, and imposed with respect to any property, whether or not disposed of by this Will, shall be paid out of the residue of my estate as an administrative expense. ARTICLE VII PERSONAL REPRESENTATIVE I name, constitute and appoint my daughter, CATHERINE C. MARCSON, and MANUFACTURERS AND TRADERS TRUST COMPANY, Co-Executors of this my Last Will and Testament. Should my daughter, CATHERINE C. MARCSON, fail to qualify or cease to so act, I name, constihrte and appoint my daughter, JESSICA C. GRAYBILL, alternate Co-Executor. If neither survives me or if both fail to qualify or cease to so act, I direct that my Corporate Executor shall administer my estate without the appoinhnent of a successor iindividual Co-Executor. I direct that no fiduciary appointed herein shall be required to post bond for the faithfiil administration of the duties requied in any jurisdiction. 3 IN WITNESS WHEREOF, I have hereunto set my hand and seal to this, my Last Will and Testament, this day of ~~, ~ 2003. _~~ ~/~,~``~~, ~ (SEAL) CHRISTINE M. CRIST Signed, sealed, published and declared by the above-named Testatrix, as and for her Last Will and Testament, in the presence of us, who at her request, in her presence and in the presence of each other, have hereunto subscribed our names as wit ses, f ~~ 4 AFFIDAVIT AND ACKNOWLEDGMENT COMMONWEALTH OF PENNSYLVANIA SS COUNTY OF CUMBERLAND ,~,g // ~ ~- ' We, CHRISTINE M CRIST,O~/l~il~S,~"~ ~ ~ ~ _ .and G~~~ ~ ~ ~ ~C/~/uS ,the Testatrix and the witnesses, respectively, whose names are signed to the attached or foregoing instniment, being first duly sworn., do hereby declare to the undersigned authority that the Testatrix signed and executed the instrument as her Last Will and that she had signed willingly and that she executed it as her free and voluntary act for the purposes therein expressed, and that each of the witnesses, in the presence and hearing of the Testatrix, signed the Will as witness and that to the best of his/her lmowledge the Testatrix was at that tune eighteen years of age or older, of sound mind and under no constraint or undue influence. A CH STINE . CRIST (/~ -1-~_ Wi s ~~.,~~Z Witness Subscribed, sworn to and acknowledged before me by CHRISTINE M. CRIST', Testatrix, and subscribed and sworn to before me by ~EL.,/SS,cj ~~' ~ i ~ `_ and ~~h'll(i,2r./~~~ ~_, witnesses, this~'~-.day o ~ ~_, 2003. Notarial Seal :2203372 Nina June Davis, Notary Public Lemoyne Born. fl,mhr.land County My Commrs:~~~ ' Uct. 31, 2006