Loading...
HomeMy WebLinkAbout07-20-12 1505610105 REV-1500~`i°=-°"`F0 PA Department of Revenue penrlsylt2nia OFFICIAL USE ONLY x...~n..,.w„~,~ ureau of Individual Taxes Count' Code Year File Number PO sox z8o6ot INHERITANCE TAX RETURN 1 ~ , ~ n~ _ Harrisburg. PA 17128o6ot RESIDENT DECEDENT Ot ENTER DECEDENT INFORMATION BELOW Social. Security Number Date of Death MMDDYYYY 10/31/2011 Decedent's Last Name Suffix WATSON (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last. Name Suffix Date of Birth MMDDVYYY 11/20/1929 Decedent's First Natne MI WILLIAM G Spouse's First. Name MI Spouse's Social Security Number - THIS RETURN MUST BE FILED IN DUPLICATE WITH THE - REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW m 1. Original Return O 2. Supplemental Retum O 3. Remainder Retum (Date of Death O 4. Limited Estate O Prior to 12-13-82) 4a. Future Interest Compromise (data of O 5. Federal Estate Tax Retum Requiretl d eath after 12-12-82) m 6. Decedent Dietl Testate O (Attach Copy of Will) 7. Decedent Maintained a Living Trust 6.. Total Number of Safe Deposit Boxes (Attach Copy of Trost.) O 9. Litigation Proceeds Received O 10. Spousal Poverty Credit (Date of Death O 11. Election [o Tax under Sec. 9113(A) B etween 12-31-91 antl 1-1-95) (Attach Schedule O) CORRESPONDENT- THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATON SHOULD BE DIRE N ame CTED T0: Daytime Telephone Number Thomas W. Watson c ~ (717) 787-9846 ~~ ~ REGISTER OF WI d-Is~ utv Firsl.Line of Address 103 Ridgewood Drive SecondLine of Address City or Post Office Camp HiII correspondenes a-mail addreas: twatson33(awerizon Under penalties of pequry I declare that I have examinetl this return, in k IS true, correct end complete. Declareeon o/ pfeparer other man the OF PREPARER THER THAN REPRESFNTAriVc schedules antl statements, and to the best of my knowledge and e Is based on all information of which preparer has any knowled /'~~ DATE PLEASE USE ORIGINAL FORM ONLY Side 1 L 1505610105 ~''} C; r-~ D --+ t0 Cdi t State ZIP Code DATE FILED PA 17011 1505610105 ~~ <~~~ rt 1 r5^r :I7 r7 r~~ r, --`j - =_n ~_ ~ ~~ rn ~~ C-y J ~ J 1505610205 REV-1500 EX (FI) Decedent's Social Security Number 162-22-4986 Decedent's Name: WATSON, WILLIAM G. RECAPITULATION 250,000.00 1. Real Estate (Schedule A) ............................................ . L _....--__ _._.... _._ 2. 60,548.27 2. Stocks and Bonds (Schedule B) ........ ............ ....... ........ . _.. ..._--_ 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) .... . 3. 0.00 ... _ a 0.00 4. Mortgages and Notes Receivable (Schedule D) ............ ... ...... _.. - 5. Cash, Bank Deposits and Miscellaneous Personal Property (Schedule E)...... . 5. 88,711.77 _.-.. 6. Jointly Owned Property (Schedule F) O Separate Billing Requested ...... . 6. 0.00 _ _ _. Inter-Vivos Transfers 8 Miscellaneous Non-Probate Properly 7 7 419,373.76 . (Schedule G) O Separate Billing Requested...... .. . a 818,633.80, 8. Total Gross Assets (total Lines 1 through 7) ............... . . 9. Funeral Expenses and Administrative Costs (Schedule H)...... s. 11,178.55 : _, 10. Debts of Decedent, Mortgage Liabilities and Liens (Schedule I).... .. 10 123.61 _ _ 11 11,302.16 11. Total Deductions (total Lines 9 and 10) .... ......... .......... .. . _ 12 807,331.64 12. Net Value of Estate (Line 8 minus Line 11) ............................ . .. ~ ~ 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which 13 0.00 - an election to tax has not been made (Schedule J) ...................... . .. 1a 807,331.64 14. Net Value SubJect to Tax (Line 12 minus Line 13) .......... . . TAX CALCULATION -SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or __ _ - - - -- transfers under Sec. 9116 15 16. Amount of Line 14 taxable $07,331.64 at lineal rate X .0 45 1s. 36,329.92 _. _..... - ... 17. Amount of Line 14 taxable '. 17 at sibling rate X .12 _ __ --- ---- - 18. Amount of Line 14 taxable 18 at collateral rate X .15 - --- -- 19. TAX DUE ......................................................... 19.. _.____... 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT 36,329.92 O Side 2 L 150561205 1505610205 REV-1500 EX (FI) Page 3 Decedent's Complete Address: William G. Watson 103 Ridgewood Drive Camp Hill Tax Payments and Credits: 1. Tax Due (Page 2, Line 19) 2. Credits/Payments A. Pdor Payments 20,000.00 B. Discount 1,816.50 3. Interest 4. If Line 2 is greater than Line 1 + Line 3, enter the tlitleronce. This is the OVERPAYMENT. Fill In oval on Page 2, Line 20 to request a refund. 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. FII• Number PA ~ 17011 (1) 36,329.92 Total Credits (A + B) (2) 21,816.50 (3) 0.00 (4) 0.00 (5) 3.42 Make check payable to: REGISTER OF WILLS, AGENT. ;r.. ~ _~ .. _ , m; _ ; r: ~ ~ _.h ~_: PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS i. Dld 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 interost .............................................. . d. receive the promise for life of either payments, benefits or care? ......................................... ^ ^ 2. If death occurred after Dec. 12, 1982, did decedent Vansfer ro p t without receiving adequate consideration ......................... ................................ . c c ^ ^ 3. Did decedent own an "intrust for" orpayable-upon-0eath bank a ceunt or secudty at his o her de' ath? ........ ...... ^ 4. Did decedent own an individual retirement account, annuity or other non•probate property, which contains a beneficiary designation? .................................................................................................................. ...... ~ ^ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. ~: _~t_3,,~ , ,. 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 fa the use 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 far 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 far the use o(the decedent's lineal beneficiades 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-1502 EX+ (II-OB) Pennsylvania DEPARTMENT OF REVENUE INNE0.RgNCE TAX RERIRN RESIDENT DECEDENT ESTATE OF SCHEDULE A REAL ESTATE WATSON, WILLIAM G. FILE NUMBER 2011-01225 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 the relevant facts. Real property that is Jointly-owned with Nght of survivorahtp must be disclosed on Schedule F. Attach a mpy 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, NUMBER VALUE AT DATE DESCRIVTION OF DEATH 1' 103 Ridgewood Drive, Camp Hill, PA -Based on attached appraisal 250,000.00 TOTAL (Also enter on Line 1, Recapibulation.) I; 250,000.00 If more space is needed, insert additional sheets of the same size. FROM: Tammie J Scheib 1 N VOLC E Tammie Scheib Appreisal Services x206 Lirlglestovm Rcad - Herdsburg, PA 1]112 51201008 Telephone NUmbr. 71 ]-852-3600 Fu Number: ]i 7-6824989 I/82012 T0: Nhmal Order M: 51201008 lhanas Welson LeIMM WsN: CaaM FYa N: Mein Flh / on loan: 51201008 other FWYen loan: Tekphme Number: Fax Nulllber. FedxelTex b: 194-q2-9608 Asemeh Number. E-Mel: FJnPIWer b: Lender: Thames Wetsm CIkOG Thanes Watson Purchaser/Bomgrer: Thomas Watson Pfopslty Addresa: 103 Ridgewood Drive Came Hill City: Camp HYI County: Cumberland Blele: PA Legal Deaedpllon: Nd Available Zip: 1]011 278.00 SUBTOTAL ! z]s.oD Check N: Date: Dvtsnolz Description: check CheckO: Date: Deauiption: 2]8.00 Check X: Date: Oeacriptionr -,.. , SUBTOTAL i 2]s oD 7OTALDUE $ o form NNS - ^WinTOTN-" appraisal soMrdm by a W mode, inc. -1-800.ALAMOOE Tammie Scheib Approisal5ervices Cover Page ................................... URAfl ............................................ Sublecf Plwtos ............................... Lpca6on MaP ................................. ComDarabk Phdas 1-3 ................. USPAP kkrNfirafian ..................... Additlonal ApDraisets CerNiwtlon Appraiser Oiulaspre Stalemem .... ADpaiser License ....._ ................... 1 2 A 9 10 11 12 13 14 Forth TOCP-'WIOTDIAL" appraisal software by a la mode, inc. -1-BD0.ALAMODE TABLE OF CONTENTS APPRAISAL OF REAL PROPERTY LOCATED AT: 103 Ritlgewrotl Dnve Camp Hill Camp Hill , PA 17011 FOR: Thomas Watsm N/A AS OF: olnsrzolz BY: Tammia SMeib 9208 Lingas(own Roatl HaMSbwg, PA 17112 RL-003375-1 PA Certifatl Resltlential Appraiser Form GA7 -WYinTOTAL' appraisal software b/ a b motle, inc. - 1-8170-ALAMDDE Tommie Scheib Appraisal Services 1 r_s.. _.... onx.Ia4mn4i~l Annraical Ra-nnrt ca.w s»ntnoa V I111UIlil nvmVmurue r. •...~ The pu se of Nis slmmary a Dreisal repod is to provide Ne knderyckenl wiN an accurate, and adeTUale su lkd, opilwn d the market valve d ih sub'etl pro rly. CI Cam Hill Sak PA 71 Code 17011 Pros AddR55 103 Ri Drive Ca HiN Cou xiamtletland BolfbWer Thomas WeLwn Owner of Public REtord William GBAddeS Watson Le al Desch bon Not AVaileGa lax Year 2ot1 R.E. Taxes$ 51198 Aaeesaaf i ParcH # Ot-191591037 Ma flmmence 25420 Census TaM 0104.00 Nei hbarhood Name Cam Hill Karat h PUD HOA$ rear mmonth Occu M Owrer Tenant Vacant S ial Assessments S NID •' Pro R' Ms ailed lee Sim k Leasehold ONer describe Ass mamT Purchase Transattion flefilarce Transaction ONm describe Marled value LenderlChem manor wataon Address NIA Is tla sub' ro c o%ered for sale or has tl 6een a%ered kr sak in the tWeNe months riot to the e%ectke dale of Nis a sisal? Yes No RQ on sold source 5 aced o%E ~ rice 3 drld dale a . Tax Recar6s MLS I ^ did ^ did let anaryze Ne coMnct for sak to tla subject plrchase transac5lm. Explain tlw results d the anaysis d the taMadfa sak or why Ne analysis was rid edprmed. Contract Price $ 0.9o Date of Contract Is tle ro e sekrtlle owner of ubk rewrd? Ye~ ~Nn o ~ ~m wed ^ Yes ^ Na Is tlare arty financial assistance (loan barges, sale cmcessians, ggt or daxlgaymem assisance, dc.) to be paid hY am7 paM %Yes,re gw totalddkr arlwmand destrihe iheiMnsN be id. Note: Race and the reds rim %lon oltla ne hborhood are hole relaal rattan. Location UAan Suduban Rural a Valves Illcreasi Shbk Decflnt PRICE AGE OnrUntl as % . Buih-U Over 75% 2575% UMm25% Demalld/S SMrtae In Baklrx Ovm Su $ s 2-0Untl 2% Growth Ra id Stable Sbw Madmti Time Under3mths 3-fi mtlls OreremNs 95 Low 25 Mufti-Fame t % Nei hbodwbd BPDIIdarieS W r4.ille Rtl tc Na north Intemtale 591 m Ne scuN 11115 To Nre east and Brenl 525 H' h 150 Commercial 19 % 220 Pmd. 501 ONU 2 % water Road b Ne weal, me'dhef N Mnd uses Ndudes munld recreation ek. Nei hhomood Descri lion Tha 'ed b located In a realtlenOd sea sown ks d similar s e and market .Homes in tln area are maNlained and 'ed. All anvenlences me eaN accesside b Hn su 'ed. The wb'ed has access W e yew hi sic achaN aces d washi end retell ataes. Em ant unltlea ere avaemle In Ne dl antl wmwn9 axnmunllim. Market CondNOns ire au dfa Ne above conclusions d Nls s one area adl well wiNwt sells cmcmaions. Innrest M dorms are not avdent at Mls time wiN anwmliend tale around 9%. Seller concmabns ere 'call limltetl N daein xam and a dsrounl rds. Dimensions Sea Deed Area .30 Ades Sha a ox Reaa ular Vlew ReddanaaVA S CNc tom Caesigta11o0 R1 Residentlal Si le Famil Zoni OeSal tkll Sin a Fema In home Oxu ion 7aN Corn karma L al La al Noncantami GnndhNered Use No Zoni gk al descdbe Is Ule N hest and hest use of soh' t as im roved Ix as ro led r lens ands ifitations Ne resem use? Ves No If No, describe Ulttaka Pubttc Olhr Ikea6a Publk OOrr ldeaerPoe) 0%-atle lovemams-T PIWIk Pdvete Wakr StreM As ban Elechii Alle None Gas SaMla Sewer FEMAS steal Mod Hazard Area Yes No FEMA Flood Zore x FEMA Ma # 42041C0118E FEA9A Ma Oate 03/16I2D09 Are tlw lNl'Nesand o%-site im vemems icM for Ne market area? Yes No d No, describe An Here a adverse sk toMigons a external factors easemems, encroachmems, environmental contlitions lard uses, ek. ? Yes No a Yes, describe mere era iw rant atlverse easements a encroachments. mew 'eel dons na b lie in a FEMA deli oared Acod zone. Units Dne Ore wiN ACCE550 Unit Concrek Slab OreWl $ ce Folaldation Walls Masan /A Fkwrs C HW undA #af Skries t Wk Basemem Podia Basemem Exterior Walls stick AluMA Walls an Plrrx T e DeL ALL S-Oel/ElM Ullg Basemem Area z z92 s .%. Root Suriace corn Shi aslA Trim~nish wtl smaea PaaedA . ExiSti P(0 led Under Cont. Basement FlM$h 75 %Gutlers 800Wm ms AluminuMA BdN Ma Ceremlc likdA Deli n 5 k RmicnA OulsidaE /Fret Sum Pum WiMdvT a Douse Hun Av BaN Wainscd Fi lase ndA Year Buih t95s Eviderce of Intestation Sbrm SasMnsulated Therm neslA Car Stow None E%ectNe Age rs 25 Dalllgass Setlkmenl Screens veslA Ddvewa # d Cars z. ANc None Heah FWA HWBB fladiant Aaanides Woodstoves # Drivewa Surface As as Dro Stair Stairs Otlar fuel Electric R laces # 2 knce Game # of Cars z Boor Scuttle Cwli Central Air GONNOm Pado/Deck cw~wr. Porch Front Crud Ca rt # of Gars AM1 DeL Bldtt-in FMshed Healed Individual winaw ONer Pod ONer A fiances fleM eretw Ran en ®Dshwasher Dis osal ~ MkrowWe WasherN er Otlwr describe Finished area ebeve rode casein: s flooms a Bedrooms 3 BaN s 2 zs2 S uaa led of Gross Livi Area Above Grade . Md16o0al feabres s ial shat a%icieM i@ms etc.. Danestic ha water Inteiwms rem stover wall oven elactdc Milers lam. • .Describe fM contltlion d ga roe inludi rmeded re airs, detmiomtion, renovations remodelin ek.. The su 'ea is in overall eve a axtdnion m bdn the Nterior and eHeiiar. ma sub act has a ataridaN floor Ian antl ameniDes. No evitlence d functional a econornk obsolescence was observed. Ne su act is tlatad m the interior which will have a n alive egea on it's madcetaNll . Are tl1elE d aIC91 defmlWlCl¢5 or adVErse fAnddlom Trot a%ett the MVdMI , soandlle55, pr SWCtIIral I n of Ne roe ? YEe NO g Ves, describe Pn - I aefidaarxe one/aratlerae cw,aiums were oberea al the rime a-ns xn. The otnrvatioaa rid mndusions mme b me a reset slwWtl na lw mnvaeaw a rites etUOn.Theae obeerveGOm Mlea ma mntliaon ae al Ne lime of lns Ilion and are namEe Nnstrewa]asawarm or roNficdlon. 'Pm elves DUltt mr1o lets vAll uinaleatl bmd ant Ins n aM la f1a5a'aation br Ftl4 fiaanRe riles a tlrenoretetl batl hued inl is tleledeQ' elm a Dax:k suDSlr~ce was oDServeO In a boa 5etlroom curet. Does Ne a rive caMOrtn b tla ni hMdlood unctional Nil , s le, cond'Ition, use, contrucdon, alt. ? Ves No d No, describe me does wdann b the hborhood in teems d st a conatian use antl canstrudia+. c~~eie Mae Farm 1004 Match 2005 Fretldie Mac Form 70 March 2005 rage l e~ o Foml 1004 -'WinTOTA1^ apOraisal software by a la mode, inc. - t-900-ALPMODE cam nm PA 1] to $ub'ect 011 Cam Hill PA 1]011 Cam Hill PA 1]011 CamV Hill PA 1]011 S8k PIICB $ 0.88 miles SE 0.62 milm SE 0.50 miles SE Eak PdtNGmss Liv. Arm 0 ~ E $ 0.00 s .IL $ 108 55 s .R za] so0 E $ zzs o00 $ 2]z ow Da1d SOwRS . 148.01 s .K $ ns.9a s .ff. VBIIfita6m S W rte s MLS 1021x750 MLS10210283 MLS 10198]98 VALUE ADJUSTMEMS DESCflIPTION Online Tax Records Online Tax Recertls Online Tax Remrtls DESCRIPTION +- EAd'usM d DES ' Saks or Rnarkirg er CRIPNON +- $Ad s4nent DESCflIPTION +- $Ad'ushneM DOnCe$alOna Cann DOM a2 Cash DOM 25 VA DOM 423 Date of SakJNme Nme Noted. Nme Noted. Nma Noted. Latation 12N2/201 i o]/2&201 t 12/13RO1 t LeasehdWke $I le SubuNaNA Suburben/A Suburban/A SuburbaNA Fee Slm Foe Sim a Fes Sim a Fee Slm e YKN' .30 Ayes .34 Ayes .22 Arses .40 Acres Deal n $ k ResitlentiaVA Reaitkmtlal/A ReagentleVA Resitlen4aVGtl CIW' WCOasaaCtlW RencNA RencNA RmcNA RanrNp ACWa A 9 Bri AIUMA Brick Yn A Vin A +S WO Bdck AIUMA Gan&dOn 52 Aver 5] Above A e ~ -15 000 A e 55 Abme Grade Tubl Bdmis. Batle TC/a Bdmu. Bags Takl Btlrms Batln AbweA -15000 fl00m DouN 9 4 3 9 . Taw Bdmrs. BaNs Gross LIN Area 2262 s .h 4 2.5 . 2280 5 N +i 500 7 3 2.5 +1 5(q 8 3 2.5 +1 500 Basemeld 8 RnlShed 2,282 Sq.Ft. . . Full Basement -396 1541 5 .M. +15862 2328 5 .h. -1 408 Rooms Below Gmde Famnn Pr Famil Full Basement Full Basement Wndi0aal U$t A +1 $DO Femil oom M Fami oom Bdrm -2 000 - HEaE aoG BBHWMOne A e BBHW/CA Aver a -5000 SteaMCA Aver e ,' E ERkient Bens Th es -5000 FWA/CA -5000 • Gam e/Ca ~ 2 Ca Int I nos 2 Car Gar Att Therm nos es PacNPatlryDeck Pwrh Patio Poch Dark 1 Car G Att +3 000 2 Car Gar a AO ~ R k arlh 2 Fi lace 1 Fire lace Pertli PXIO Parch Patio • km fd1M 0 EN Nme Nma .q 000 1 Fi lace M OOJ 2 Fi acs (once -1 000 Nma •Net Ad'sMerd okl + - $ AdNSted Sak Pace Nel Adl 4 % 5 -13 396 + - $ 23 38.? + - E -21 908 of Com ardMes - . . Gross Ad'. 11.1 % E Net Adj. 10.4 % 234 104 Gross Ad' 15 7 % S Nel Adl. B.1 % ' I did did not research t . . he sale or Bander NstOry of the subkct aocerN and mmnarahla aal.~ a ~,e ..~i,n, zee 36:! Gross Ad . 9,2 % $ 250 092 - - -- -- - - --'-~ --°- rage z or ti Fannie Mae Form 10D4 March 2005 Form iD74 -~~nTOTAL" aDOr4isal software by a la mode; inc. -1-800.ALAMODE : r_u..~.. Dno:einn4ial AnnfaiSal RP.EIOR~ cu.w StzDIDD6 NJkIkNUTTII ncaCUUUUUa• - - - - - - To whom iI m concern. , The sub'ed b laatetl in Me boro of Cam HiN which is tlesirade antl therefore tloes not have a hi Nm wa la sales antl IStin s. Tha bomu has iYS own schaN tisMct and Me adiatls ae with in walki tlislana. It is im M M sta wiM in the boron of Cam HiM whm seamhin la cam retie sales. The su 'eM is localetl with M dose 'mil a Ma aurae as ie Can AZ. The au ab Interbr Is daletl end the su 'ed rs b Ee N its al dandkan wiM no u tes a remabli A condition 'Uatmen[ was made fa Me cam whkh love been u ed antl remotlNetl az MLS remake. This could have a 've eNecl on Me su ' merketadll . ?.Trensters utiezetl alter 6 maws but less Men 1 ear ere atip coneitleretl cansltleretl re resatativa of the su ' s maker vaNa. 2. Thee 'ate uslmenta have Eden made la a where cads tlue to Me titlaencas antl the makers reaction M Ida. 3. All am are locatetl wkh-In Me au ad's Eaa and schod dsMCt. 4. Tne e e ushnents have been made la site size whoa kable Me to Me tliHerenass antl Me makers reaNa to tNS. s. All cam era bcaled wIM In a realtlential nei boMOOtl wkh Ma su ed antl cam #1 navin a view d Me I aurae antl theralore an eduatrnal Is warranted. 6. Thesu 'ect is a rents s a home whkM is similar b other tench s p levtla Bi-IavNS end 1.5 sM / Cal s es. Feats wet aced m hM~ sales Mel era slmNer M antlilia size antl emenlties. bold b reuse hares In the h in a 'ale ~ e re a waltl mast IIk cauida the mm dtaen. No eddiHonal 'uetmellt was male. All sales are similar M alit of constructbn sfantlerds aid a 'ustmeitta have been made fa an tlNlerenm. 7. The to ~ k conaltlared M be in aver mnadon es well as the com B. The GLA N Ma su antl a lolls wiM In le ItlalMes. • 9. AI sane arri m have egemative healin s s Il that M area a in Me maker antl iro 'uctment wet neceasa .with Me an e<FJectrlc beseboaE heat which due M the antl M sane Inslaaes then flue market reactor. Hanes wkn in Me boron here older antl _ Na a raw do rat nowt Central Air. 10. Sane al Ma can sales dos m show s wNh sale s. These com ode sales ere not anen under contr'ad a listed la sale unless aMa wise s 'fled wIM in Me .For oznveniam antl a are taken Iron Me a relsere ezstin tleta base la sales wiM N the area. NI Me sales - Mdicaled nave been edanell and or intemall viewatl Mee reisa as uiretl Me a aisare ddelines fa onnM a relsals. Provide ad uatairdortnatlon for the lenderlcNerd to le lkatefhbebw costf uresand cakuWtions. Su d for the o 'nion of site Yallce xrmM of can amde mM sales a oMa meUUds for estimaOn sAe vaWe NID ESTIMATED flEPflODUCTION Ofl flEPIACEMENT COGT NEW OPINION OF SNE VALUE..... -----~ .Fl. S - DWELLING -----~ -$ Souroe A Coal data NID G ~ $ - _ -$ :pus 2A fromast service NID Elective date of cost data wD =$ Commends an Cosl ach ross Wi area cek:uWAons d reciatio eV:. Gera elCa M .FL $ - _$ r1N Total Estimate of Cosl-New -- _$ Less sitar Wafional Exlertul De recia0on _ De raiated Cost oll rovemellts ___.....__......_........__......__... _$ 'As-is" Valx of Site Inv rwemelds _._.....__......__......__......._.. _$ N/D Yeafs INDICATED VALUE SY WST APPSMLH......_..__....._....._._... _$ EstlnlalW flemabdn Economic lAe HUD aM VA o IMicated VaWe Ircome roach EsAmated MordN Markel Rents NIA X Gross Rent MulA Aar WA _$ Summa of Income ach includin su d tar market rem and GHM _. ... .. ,. ~~... 9, Is the dev r iWa in coNrol d the Homeowners' Assodahon OA ? Yes No ~ Urvl e s Detached Adached provide tle tokwin idarmation for pUOs ONLY H the deveh rlhuilder is in amrol of the HOA aM the sub'ecl ro is an atlacfad OwaWn unit. al Name of Pm act Total Ddmher of hoses TouHntmber of units Total number of oohs sob Total number of arils mll@d Total cumber of units fw xk Data source s - Was the 'ed created the conversion of eusti buildi s imo a PUD? Ves No N Yes, date of conversion. Does the clad cardain a mold-Owesin units? Yes z No OauYYesuroe No If No, descdbe Ne stems at tom radon. Are the urcls, common ekmeMS, and recreation facifilies can Are tlw common ekmems leaxd to or b the Homowners' Assaiabon7 Yes No If Yes dexdhe Me rerlW terms and o trors. Oescrihe ammon elemerds and reaeaaonal fadlitles. c~~~ia Mae Form 1004 March 2005 Freddie Mac Form 70 March 2005 rage s m o Form 1004 - ^NmTOTAL" appraisal software by a la mode. inc. - 1-B00.ALAMOOE ~~~zo~ 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 anti in a planned unit development (PUD). This report form is not designetl to repod an appraisal of a .manufactured home or a unh in a condominium or cooperative project. 3ftis appralsal report is subject to the follpwing scope of work, intended use, intended user, definttlon of market value, statement of assumptions and limiting conditions, and certgications. Modgications, additions, or deletions to the intended use, intended user, definition of market value, or assumpgons and limiting conditions are not permitted. The appraiser may expand thh scope of work to Include any add'N'onal research or analysts necessary basetl on ttie complexity of this appraisal assignment. Modifications or deletions to the certifications are also not permitted. However, addRlonal certifications that do not constttute material alterations to this appraisal report, such as those required by law or those related to the appraiser's continuing educagon 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 appralsal report farm, including the following definition of market. value, statement of assumpgons and limiting conditions, and certflicatlons. The appraiser must, at a minimum: (1) pertorm a complete visual inspectlon of the interior and exterior areas of the subject property, (2) inspect the neighborhood, (3) Inspect each of the comparable sales from at least Me sheet, (4) research, verify, and analyze data from reliable public and/or private sources, and (5) report his or her analysis, opinions, and conclusions in this appraisal report. INTENDED USE: The intended use o} this appraisal report is for the lender/client to evaluate the property that is tits subject of this apWaisal for a mortgage finance ttansaction. INTENDED. USER: The intended user of this appraisal report is Me lender/client. DEFlNffION.OF MARKET VALUE: The most probable price which a property should bring in a compeggve antl open marital under all condkions requisite to a fair sale, the buyer and seller, each acting prodenty, knowledgeaby and assuming the price Is not affected by undue sgmulus. Implicit in this definigon is the consummation m a sale as of a specgled date and the passing of title from seller to buyer under conditions whereby: (1) buyer and seller are typically motivated; (2) both partiesare well informed or well advised, and each acing In what ha or she considers his or her own best interest; (3) a reasonable gme 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 artangements comparable thereto; and (5) the price represents Me normal conslderntion for Me property sold unagected by special or creative financing or sales concessions* granted by anyone associated with the sale. "Adjustrnents to the comparables must be made for special or creative financing or sales corice:aslons. No adjustments are necessary for those costs which are nonnaly paid by sellers as a result of tradition or law In a market area; these costs are readily Ident-rfiable since the seller pays these costs in virtually all sales Vansacllons. Special or creative financing adjustments can be made to the comparable property by comparisons to financing terms offered by a third party instUutional lender that Is not already Involved in the property or Vansaction. Any adjustment should not be calculated on a mechanical dollar for dollar cost of the financing ar concession but the dollar amount of any adjustment should approximate the market's reactlon to the financing or concessions based on the appraiser's judgment. STATEMENT OF ASSUMPTIONS AND LIMITING CDNDRIONS: The appraiser's certification in this report Is subject to the following assumpgons and limitng conditlons: 1. The appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the Ube to A except for Information that he or she became aware of during the research involved in pertarming this appraisal. The appraiser assumes Mat the title is good and marketable and will not render any opinions about the title. 2. The appraiser has provided a sketch in MIs appraisal repod to show the approximate dimenslpns of Me improvements. The sketch is included only to assist the reader In visualizing Me property and understanding the appraiser's determination of its size. 3. Tha appraiser has examined Me available flood maps Mat era provided by Me Federal Emergency Management Agency (or olbar data sources) and has noted in Mis 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 guaranees, express or implied, regarding this determirtagon. 4. The appraiser will not give testlmony or appear in court because he or she made an appraisal of Me property in question, unless spec'rfic arrangements to do so have been made beforehand, or as otherwise required by haw. 5. The appraiser has noted in this appraisal report any adverse conditions (such as needetl repairs, deterioration, the presence of hazardous wastes, toxic substances, etc.) observed during Me inspection of the subject property or that he or she became aware of during Me research involved In performing the appraisal. Unless otherwise stated in this appraisal report, Me appraiser has no knowledge of any hidden or unapparent physical deficiencies or adverse conditions of Me pT~pedy (such as, but net limited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances, atlversb ehvironmental condUlons, etc.) that would make the property less valuable, and has assumed Mat there are no such conditions and makes no guarantees or wananges, 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 whetheir such conddions exist. Because Me appraiser is not an expert in Me field of environmental hazards, Mis appraisal report must not be considered as an environmental assessment of the property. 6. The appraiser has based his or her appraisal report and valuagon conclusion for an appraisal that is subject to satisfactory completion, repairs, or aterations on the assumpgon that Me completion, repairs, or aterations of fife subject property will be performed in a professional manner. Freddie Mu Fnnn ]n Ma.,•n vnnz rannie Mae Form 1004 March 2005 Fwm 7004 -'WinTOTAC' appraisal sofhvare by a la moEe, inc. -1-B00-ALAMODE APPRAISER'S CERTIFICATION: The Appraiser certdies 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 Ne subject property. I reported Ufa condition of the improvements In factual, spec'rftc terms. I identified and reported the physical deficiencies that could affect Ne 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 Ne Appraisal Standards Board of The Appraisal Foundation and Nat were in place at the Ume this appraisal report was prepared. 4. I developed my opinion of the market value of Ne real property Nat is Ne subject of NIs report based on Ne 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 Nis 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 Ne tweNe months prior to Ne effective date of NIs appraisal, and Ne prior sales of the subject property for a minimum of Nree years prior to Ne effective date of Nis appmtsal, unless otherwise indicated in Nis report. to tthee datecot sale of1ethe comparable sale~undless otherpwlse indicated in Nis report. sales for a minimum of one year prior 7. I selected and used comparable sales Nat are locationally, physically, and functionally the most similar to Na suhject property. 8. I have not used comparable sales that were Ne result of combining a land sale with Ne conhact purchase price of a home that has been built or will be bath on Na land. 9. I have reported adjustmeMS N Ne comparable sales that reflect Iha market's reaction to the differences between Ne subject property and the comparable sales. 10. I verified, from a disinterested source, all information in this report Nat 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 Nis 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 listing services, tax assessment records, public land records and other such data sources for Ne area in which the property is located. 13. I obtained Ne irdormaton, estimates, and opinions famished by other parties and expressed in Nis appraisal report from reliable sources Nat I believe to be Uue and correct. 14. I have taken into consideration Ne factors that have an impact on value wiN respect to the subject neighborhood, subject property, and the proximity of the subject property to adverse influences in the development of my opinion of market value. I have noted in Nls appraisal report any adverse conditions (such as, but not limited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances, adverse environmental conditons, etc.) observed during Ne inspecton of Ne adverse condhimonsr nhmy analysis ofvtheepropeurtyv lue, rand hovel reportedton Ne ettec9 oflNepconditionshon theovaluerandthese marketability of Ne subject property. 15. I have not knowingly wtthheld any sign'rficant iMormation from Nis appraisal report and, to Ne best of my knowledge, all statements and Information in this appraisal report are true and conect. 16. I stated in this appraisal report my own personal, unbiased, and Drofesslonal analysts, opinions, and conclusions, which are sublect only to the assumptions and IimNng conditohs in Nis appraisal report. 17. I have no present or prospective interest in the property that is the subject of this report, and I 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 andor opinion of market value in Nis appraisal report on Ne race, color, religion, sex, age, marital status, handicap, familial status, or national origin of either Ne prospective owners ar occupants of the sublect property or of the present owners or occupants of the properties in Ne vicinity of the subject property or on any other basis prohibhed by law. 18. My employment and/or compensation for performing Nis appraisal or any future or anticipated appraisals was not conditioned on any agreement or understanding, written or oNerwise, Nat I would report (or present analysis supporting) a predetennlned specirfic 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 specillc 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 sign'rficant 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 pedormed in Nis appraisal report. I certify that any individual so named is qualified to perform Ne tasks. I have not authorized anyone to make a change to any item in Nis appraisal report; therefore, any change made to NIs appraisal is unauthorized and I will take no responsibility for k. 20. I identified Ne lender/client in this appraisal report who is the individual, organization, or agent for the organization that ordered and will receive Nis appraisal report. ~___._ .,,..., c...... AMA ena..6 9nn5 Fredtlie Mac Farm 70 March 2005 '°y" "' ° Form 1004 -'winTOTAr' appraisal software ~y a la mode, inc. -1A00-AIAMODE 21. The lender/client may disclose or distribute this appraisal report to: the borrower; another If;nder at the request of the borrower, the mortgagee or tts successors and assigns; mortgage insurers; government sponsored enterprises; other si:coddary market participants; data collection or reporting services; professional appraisal organizations; any department, agency, or instmmentality of the United States; and any state, the District of Columbia, or other jurisdicgons; without having to obtain. the appraiser's or supervisory appraiser's (if applicable) consent. Such consent must be obtained before this appraisal lEpf6ft tiYay be disclosed or distributed to any other parry (including, but not IlmRed tc, the public through advertising, public relations, news, sales, or other media). 22. I am aware that any disclosure or distribugon of this appraisal report by me or the lender/client may be subject to certain laws and regulagons. Fuller, 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 insurers, govemment sponsored enterpdses, and other secondary market partlcipants may rely on this appraisal report as part of any mortgage finance transactlon that involves any one or more of these parties. 24. If this appraisal report was transmitted as an "electronic record" containing my 'blectronic signature," as those terms are defined In applicable fetleral and/or state laws (excluding audio and video recordings), or a facsimile transmission of this appraisal report containing a copy or representagan of my signature, the appraisal report shall be as effective, enforceable and valid as if a paper version of this appraisal report were delivered comaining my original hand wrhtan signature. 25. Any intentional or negligent misrepresemation(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, Unhed 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, alld agree with the appraisers analysis, opinions, statements, conclusions, and the appraiser's certificatlon. 2. I accept full responsibility for the contents of this appraisal report including, but not limtted to, the appraiser's anaysis, opinions, statements, conclusions, and the appraiser's certttication. 3. The appraiser idenYrfied 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 pertortn this appraisal under the applicable state law. 4. This appraisal 7eport 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 plar:e 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 are 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, errforoeable and valid as H a paper version of this appraisal report were delivered containing my original hand written signature. APPRAISER Tommie J Scheib PA Cart Resldenfial Appreiaer Signaturg4l„ Name rammie sm,aie Company Name rammie spneie Awr,aisal s Company Address 4208 Liiwlestoxn Roatl H ~ bu PA p112 Telephone Number (]1715]&7433 Email Address Iscnelb@weicnertrratcMi Date of Signature and Report February oa 2012 Effective Date of Appraisal olnwzol2 State Certification # RL003375L or State License # or Other (describe) State# State PA SUPERVISORY APPRAISER (ONLY IF REDUIRED) Signature Name Company Nama Company Address Telephone Number Email Address Date of Signature State Certdication # or State License # State Expiration Date of Certification or License Date of Certrficatlon or License oril3azola SUBJECT PROPERTY ADDRESS OF PROPERTY APPRAISED 103 Ri4aewooe Drive Camo H II Camp Hill PA 1 ]011 APPRAISED VALUE OF SUBJECT PROPERTY $ 250.000 LENDER/CLIENT Name Thomas Watson Company Name wA Company Address WA ^ Did not inspect subject property ^ Did Inspect exterior of subject property from street Dale of Inspecgon ^ Did inspect interior and exterior of subject propp[ty Date of Inspection COMPARABLE SALES LJ uid not inspect exerior of comparable sales from street Email Adtlress Twalson33Yerizan.ner ^ Oitl inspect exterior of comparable sales from street Data of Inspection Mac Form 70 March 2005 Page 6 of 6 Fannie Mae Form 1004 March 2005 Folm 1004 -'winTOTAL" appraisal s0fhvare by a la Irlpda, inc. -1-600.ALAMOOE Subiect Photo Page JY VIG • ~ ~v~~• 103 RltlgeaVOC Orive Camp Mill Sale3 PIIOe 0.00 GtA z,2s2 Total Pooms s Total BeBm~s a Tohl Batlums a Lotdtbll $uWibenlAVg VIeW ResiEentiaUAvg SIDE .30 Aces Oualiry Bnck,AlUmIAVO AAe 52 Subject Rear Subject Street Farm PIC4aE.SB -'"NinTOTAC aPPraisal software ny a la mode, inc. -1-B34PLAMOGE Suhject Photo Page Suhject Side iw wagawme oMa came Hm Saks Pnca o.oo G.LA 2,2fi2 Tat Nowns' s Tat. Bedrms. 4 Tat Balhrms. s Laation Suy,uyaniq,® Yew Re_tidentiallAVg Site 30 Aces DwOty &ick,AluMAey Age 52 Suhject Side Suhject Form %C4xs.Sq -'Win70TAL' aDPraisal sollware ny a Ia mo0e, inc. -1 ~B00.ALAMDDE ~nratipn Map Borrower Thamav watsai FM Address 103 Drive Cam Hill $ph PA L Code 19011 Ci Cam Hill Cou Gumbedarb Lender/CfieM Thaniaa Wabm _ Fwm MPP.LOC -'WinTOTAL"appraisal soMxdre by a la mode, ino -1-BBB-AlAM00E Comparable 1 300 N 28th Sheet PmXlmdy 0 88 milea SE Sak Pdce z47,5o0 GlA 2,280 Total flaoms B Total Bedrms a Tohl Bathrms 2.5 Location Suburban/qsg VIEW ResidentieVAUy $Ik .34 Avea Gpolty Brick,VmyYAvg Age 5] Comparable 2 527 County Club Raatl Pmdrryty 0.42 miles SE Sale Pdce 225,000 GLA 1,541 ToUl Booms 7 Total Bedrms 3 Tphl Bdihfllls z5 Location SubwbenlAVg View ResitlentieVAW2 Site .22 Aries Cuality YnN/A~g Age s4 Comparable 3 500 Devon Roatl Protimity 0.50 milx SE Side Pace 2]2,000 GIA 2,328 Tntal Booms S TuUI BeOrms 3 Tohl Batl~rms 2.5 tapatiop SuWrben/AVp VIe.W ResidentieVGd Site qp gves Oualtty Brick,Alum/AVg Ar¢ 55 Fam P1C4aB.CB -'WinTOTAL"appraisal sollware Oy a la mode, irc. -1-000.AtAMOGE Comparable Photo Page APPRAISAL AND REPORT IDENTIFICATION Tnfa Appraisal Report Is gne of NefoAowirptypea: ^ SelAComalnad (R written report prepared under Standards Rule 2-2(a) ,pursuardto the Scope of Work as disclosed elsevfiem in the report) ®SUmmery (A Vniden report Prepared wrier Standards Ruk 2-2(b).PUrsuardtp the Scope ofWOdc, as disNOSed elsewhere in ttds report.) ^ Restricted Use (A written report prepared wrier Standards RWa 2-2(c) . Pursuamto the Scope of Work as discosed elsewhere in this report, restricted tp the slated imended use by Ma specdied cfieMorlydende0 user) Comments on Standards Rule 2-3 I ceNty Mao M Me best of mY knowkdAe and heGef: -The statements of 1at1 comaind In this epod are tme and cmect. -The reported anayses, opinions, and mnlusions are limbed ony M tk reppMd assumptions aM fimibnA cpMNOns aM are my personal, impaNal, and wMiased pmfessionl anMses, opinion, aM conWsiws. -Unless otherwise iMicated, I have m present or praspecAve Mlwest in the property that is tlw subject of INs report and no personal mast wah respect to tle Aeneas involved. -UNess oMeraise iMicated, I have performed no services, as an appraiser or in any other capaciy, regaNing Me property that is the subject of INS npod wAflin the 1Nee-year period immediatey preceding aaeptane of this assigwwm - I lave n bias with resDecl M the propeM that is the subect of INS report or the parties imoNed wffh Mrs assipnmem. - My engagemeN in ttus assgnmeN was nolcaNkgeN upon developing m sporting predetermined resuAS. - My compensation for compkang Mrs assignnwN is not coMngem upw Me devebpmeN or reponiiq of a predetermind value or direction in value tnl favors the cause of Me cGeN, the amouN of Me value opinion, the attainment of a stipulated resuh, or the occunerce of a subseAUem event direcyy related to the imeMed use of Mrs appraisal. - My anayses, opinons, and corcNsions were developed, aM 1Ns repod has keen prepared, in conlpmiity wiM Me UMorm SWMaNs of Professional APWaisN Hacgce Mat were in effect at ge tlme Mrs repod was prepared. -Unless otherwise indicated, I have made a Dereonal inspection of 11e prepetty that is the subflcl of tNs repod. -UNess otMreise IMkated, n ore provided sgneicaN real Dmperty appraisal assistance M the personls) signing tlrs ceNficagan (B Mere are excepgans, the name of each iMNidual providing sigNlicaN real prpperty appraisal assisUnce is stated elsewhere in Ws repod). SignMre: ~~ Name: Tammia Scheib Deslgngon: CerrfetlR 'tl rat A,A;rX' DatE $ignd: Febr a OB 2012 - Shte CertAication #: R10033'/5l or State License #: sate: PA ExpiMlw Dale Of CeNficatlon or License: 06130/2013 Effective Date of Appraisal: SiAnMre: Name: DesiAnatlon: Dale signed: Skte CeMicagw #: or State License #: SUIe: Egiirefion Dak of CeNlicabon or License: Supervisory Appraiser inspecAon o1 Subjxt Reperty: ^ OM NN ^ Elderbr-pnN from street ^ Imenor and Exkdw Form ID10 -"WMTDTAL"appraisal s0llware M a la mode, inc. -1-®30.ALAIaODE APPRAISER: SUPERVISORY APPRAISER (only It required): ADDITIONAL CERTIFICATION APPRAISER'S CERTIFICATION: The Appraiser cerliges entl agrees (hat 1. I have researtlretl the subject market area and have selecletl a minimum d three recent sales d properties most similar entl prodmate to the wbjed property far tonskerelion in the sales canparisan analysis arb have matle a tltllar atljustment when appropnaN (o reflect the market readion to those items or 'signifionl variation. If a aignNicant item in a cdnparede property u superior lo, ar more favoreble Nan, Ne subject property, I have matle a negative aryusMent to reduce the adjusted sales pries d the camparade and, U a signifcanl kem in a comperade properly is interior to, w I¢<,s /avarable Nan the subject propbty, I have matle a positive atljustment to increase Ne adjusted sales price d the conwarade. 2. I have taken Into considaraUon the (adars Nat bare an impatl on slue in my derebpnenl d the estimate d market value in Ne appraisal report.) have nd knowingly withheitl any eigniticent information from Ure appraisal repM entl I believe, to the best d my knoMetlge, that all statements and infarmeaon in Ne appraisal report entl true and wmecL 3. I stated N Ne appaisal report only my ovn personal, undasetl, professional analyses, opinbns, entl cpntlusions, which are subject mty 1o Ne cpntingml aM limifin9 condUOns specifietl in Nis tarn. I cediN Nat, to Ne best d my kmMetlge and bdiet: The statements d tad rmtairrotl in INS report are We entl correct The report analyses, opinima, arq contlusiorvs are limitetl only by Ne reportetl eaeumptians arW Ilmitingcontitiorra, entl are my personal, impartial, entl unbiasetl professonal analyses, apiniona a7tl wnduaions. 4. 1 haws no present or prospective interest in the proDa'ty Nel u Ne sutyecl d Nis report, entl no personal interest with rospecl to Ne paNes inwgved. I tlitl nd base, dNer partially a completely, my anaysis antl/ar the estimate d market value in Ne appaisal report on Ne rare, cdor, religon, se, harkUrap, tamllial status, or national origin d eiNer Ne prospetlive owners ar ocwpads d Ne subject ProParIY a the present owners ar occupants d the properties N the vkJnitY d Ne subject pagvty. 5. I have rro presen(d contemplated (afore interest in Ne subject property, and ndNer mY wnent a future employment nor my compensation fm pertormNg this apprasal is contNgent on Ne appreisetl value d Ne property. 6. MY errgagemerrl In Nis assignment was rrd wntin9ar+t upon tlevekpirg a repptirg pretletarminetl resuga. MY canpensaliw fa mn0leting Nis aeagnmen[ is trot contlngent upon Ne tlevebpment or raportNg d a prerkterminetl value w tlirecaon in vale Nal favors the cause d Uro Giant, the anwunl d (he value opinpn, Ne attainment d a sdpulatetl result, or (he occurrence d a subsequent event tlirectly ra'ated to Ne idandetl use of this appraisal. 7. MY analyses, opinions, and contluaims were devakrpeQ entl Nis report has bean prepared, In rnUamiN with Ne tlnitum $tarltl8ltls d Professional Appreisai Pretlice in place, as d the eNective tleta d Nu appaisal, with Ne exception d Ne departure provulon d those $I'.antlaftlS, which does nd apply. l arknowletlge that an estimate d a reaaonade Wne for wgiasura in Ne open rrrvkel is a contlition in Ne tlefinitian d Ne market value entl Ne estimate I tlevekpetl is consistent wiN the markding Ume ndetl in the neighborhootl section d This report, unless 1 have oNerwise stated in the recanciliadon secfim. 6. I have matle a personal inspediw d the Property that Is Ne subject d Nis report, l further certify that I have rrotrq an a in the su act im Y PParent or krrown adverse caMiUans bj provementa, on Ne subject slle, or on any site wiNln Ne immetliate vidniN d the subject property d whitlr I am aware and hew matle atljus(ments (or Nasa advarse cpntlltiws in my analysis d the properly value b the atlenl Nat I hatl market evitlence to support them. I have also commentetl about the eHed d the adverse wntlitions an Ne markeladlity d Ne subject property, 9. No one Vovitlad significant professional assistance to Ne person signing this repgt If I relietl on signifcant professional assistance from any indviduals in Ne performance d Ne appraisal ar the preparetion d the appraisal report, I have namatl wch inGVidual(sj entl tlistloeetl the aperHic laska pertorrnetl by Nom in Ne reconciliation secdon d this appreisal report. I caMify that any Ntlivbud so namatl is qualrial N partorm Ne tasks. I have trot auNOrizetl amvne to make a change b any item in the relk*t therefore, if an unautnadzstl then R made to the appmisal report,) will tyke no responsNility tar IC ~ APPRAISER: Noma: Tammre Schab Date $Ignatl: February DS 2012 $tdte Certification#: RLOO3375L or State License #: $nte: PA Emuatbn Date d Certificaton or License: o6mlvzol3 SUPERVISORY APPRAISER (only If required): SignaWre: Name: Oah Signed: Su@ Certihcagon #: or Suu License #: State: Expiration Date of Cenification Pr Liceree ^ Di0 ^ Did Nol InsDed Property Tommie Schdb pppmisal Services Farm ID4 -'WmTOTpI' appraisal softwaa by a h made, inc. -1-BDO~ALAMDDE ai 'le 0 8 P # snnonreCO nteer nSIIRF STATEMENT File. No. Name of Aooreisar. Tammie Scheib r•lass of GarNfication^ icensure' ^Certitied General ® Certitied Residertial ^ Licensed Residential ^ Temporary ^ General ^ Licensed t;-.•r«--x....~1 (censure Number. RL003375L CartlfiCatiOR~ IGBnSLre Statte: PA E%Dires: 06/3012013 ScoOe: This Report ®is within the scope of my Certification or License ^ is not within the scope of my Certification or License csrvlce Provided ev: ®Disinterested & Unbiased Third Party ^ Interested & Biased Third Party ^ Irterested Third Party on Contingert Fee Basis This.form. must be Included in conjunctionwith all. appraisal. assignments or specialized services performed by estate-certlfled or state-licensed. real. estate appraiser. Form DISA LT - "WinTOTAI" appraisal software by a la mode, inc. -1-800-ALAMODE Appraiser License form SCNLGL-'W nTOTAC' aDPmisal soflwam by a k mode, inc. -1-B00.ALAMODE REV-1503 E%i ~~-v) Pennsylvania OER.~RTMfNT OF REVENUE INHEflTfANCE TAX RETURN RESIDENT DECEDENT SCHEDULE B STOCKS & BONDS WATSON, WILLIAM G. All property jointly owned with right of 1. 2 3 4 5 Banco Santander S.A. common stock - 532 shares @ 8.66 Exelon Corporation, common stock - 48 shares @ 44.54 Wells Fargo & Company, common stock - 294 shares @ 26.27 Vanguard -Wellesley Income Fund Vanguard -Wellington Fund FILE NUM 2011-01225 must be disclosed on Schedule F. TOTAL (Also enter on Line 2, Recapitulation) If more space is neetled, insert additional sheets of the same size 4,607.12 2,137.92 7,723.38 30,689.85 15,390.00 60,548.27 REV-a5o8 EX+ (iI-IO) Pennsylvania DEPARTMENT OF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS & MISC. PERSONAL PROPERTY w. c vr: WATSON, WILLIAM G. FILE NUMBER: 2011-01225 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly owned with right of survivorship must be disclosed on Schedule F. rt~u 1 . Wells Fargo -checking account -Account No. ending 6136 100.00 2 . Wells Fargo -checking account -Account No. ending 1314 (including interest of $0.36) 9,170.12 3. Wells Fargo -savings account -Account No. ending 0161 (including interest of $9.69) 33,697.97 4. Wells Fargo -savings account -Account No. ending 4512 (including interest of $1.22) 705.61 5, Citizens Bank -checking acccunt -Account No. ending 3494 (including interest of $0.16) 7,621.35 g, Sovereign Bank -checking account -Account No. ending 4003 500.64 7, Sovereign Bank -money market -Account No. ending 9033 (including interest of $4.04) 28,110.71 g, Household items sold at auction -listing attached 724.70 g, Miscellaneous household items 500.00 10. 1997 Mercury Sable station wagon 700.00 11. 2006 Toyota Corolla 6,500.00 12. Wells Fargo Retirement and Cobra Service Center -Return of Benefit Payment 337.25 13. Local Tax Refund for spouse pre-deceased -received through Unclaimed Property 43.42 TOTAL (Also enter on Line 5, Recapitulation) g ~ 88,711.77 u more space is needed, use additional sheetr of paper of the same size. ~~ I 1\ _ - - ~ .- '-h'i h-)li fail li i ~ I r':~ - .- . _ . -~ ,_ 1t=me~`:i_ _ h dljt: .. _._ .;1,~_-^'=-'-la:: ;sir.. ~, j.. , ; G .l .1 i. X111 :.11 1 )}. LCi li - .. _. -. .- ... -y ~ >i_2t 1. -. i~LIf C3 dl~i1 '~'li aE° .. ... ....... _.. . -... _. aaal_ 1 .._:.12:2; ,.. ~ L J4=. 2121 -- i. E T" F' _i 4 i i 1_:' :~ j. 4'I Irl„ 12::2i tli hl f i'i' .:. + ili ~., i'1 I,'1 :.).L 111 ~ ~~-1'= =Ci_ jt:,. '4i 1[I i : Ili ~, , i X1:4'.212 ~~ ~ 1. I ' r ~- a cJ . u r, rn ._ 1.i i t ::: ~! 4~I i ;121 rI I. Y"i-"Pf' 1 ?:21 Gy. 1%121 ~ 4 F• n , 1, li I I - 1c4 ~.~ I 111-:_fl i 14. 12: - ~ i~l~i`.. .. 2121 i .'r III _ 1 ~l h~11ii p O.:-i'_ ~%..;'i~. ..- -t1 ;(!-1. Si iF I. GI? c:a ~: rf 1[1 „1~}i2121% - _1.J i. J21 ., .- .: ~.-:. ...1 i-: fl _ ... 1;~1 ~, 1211.) I .. ,.. ~..:,~ :n > cA (~ -. 1.1 S t Ill c.' it ~] Y> :; c.. ,+ "°'f 211„ _,.. .......... .._ !? Ni 4J 1 7 '181" <.:., (::: Ci , 9 -'_ _ ~ r,_. '- tiZ,:.._ ,_, ~~ - ... r ~ _~.... . v.. .~ ...._ .. ' .. .? r I .. : ~ ~ .. .. ._ :_ .i ._. ~.' ~' ~ I .._ ~ ~._._ __ f'f"I .: .~. ~ I -'~ 1. :i :'._: :_ : __ ~ , . ~ : a __ .. .. . l ... i ._.. _ .. ~. ~ .~ I ~ : i ~ ~ ~ ~ .. _ :.. .. _... i .... .. ... _ t. L__ ~.. . r. _i- ... ... ... J. ~. ~., is _.1~. :t.__ L ~i. REV-1510 EX+ (OB-09) Pennsylvania SCHEDULE G DEGARTMENTOF pEVENUE INTER-VIVOS TRANSFERS AND INHERITANCE TAX RETURN MISC. NON-PROBATE PROPERTY RESIDENT DECEDENT ESTATE OF WATSON, WILLIAM G. FILE N UMBER 2011-01225 This schedule must be completed and filed if the answer to any of questions 1 through 4 on a th p ge ree of the REV -1500 is yes. ITEM DESCRIPTION OF PROPERTY NUMBER iNCUIpE THE NRME OF IHE IRWSEEREE, TXDp AEIATIONSHip TO pECEDEM NID DATE OF DEATH THE PATE Oi TRgNSFER.ATfACT1A CpPV OF THE DEEP Fpp PEKE FSTRTE. VALUE OF ASSET %OF DECD'S EXCLUSION TAXABLE 1• Wells Fargo -IRA Account Number ending 7550 INTEREST n °'"1G~ VALUE 30,786.74 100 0.00 30,786.74 2 Wells Fargo -IRA Account Number ending 8695 2,721.65 100 0.00 2,721.65 3 Merrill Lynch -IRA Account Number ending 87242 96,152.34 100 0.00 96,152.34 4 Merrill Lynch -IRA Account Number ending 75314 165,915.97 100 0,00 165,915.97 5 Vanguard • Roth IRA 72,798.27 100 0.00 12,798.27 6 Vanguard-Annuity 50,998.79 100 0.00. 50,998.79 iOiAL (Also enter on Line 7, Recapitulation) ; I 419,373.76 If more space is needed, use additional sheets of paper of the same size. REV-1511 EX+ (SO-09) pennsylvania DEPARTMENT OE REVENUE INHERITANCE TA% RETURN RESIDENT DECEDENT ESTATE OF WATSON, WILLIAM G. FILE NUMBER 2011-01225 m. Decedent's debts must be reported on Schedule I. A. I EUNERAL EXPENSES: 1' Neill Funeral Home z. Gingrich Memodals -Headstone engraving B. 1. SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS ADMINISTRATIVE COSTS: Personal Representative Commissions: Name(s) of Personal Representative(s) _ Street Address City Year(s) Commission Paid: State _ ZIP Z~ Attorney Fees: 3. Family Exemption: (iF decedent's address is not the same as claimant's, attarh explanation.) Claimant 4. s. 6. ~. a. 9. lo. td. 12. Street Address City State _ ZIP Relationship of Claimant to Decedent Probate Fees: Accountant Fees: Tax Return Preparer Fees: Patriot News -Legal Advertisement Cumberland Co. Legal Journal Sovereign Bank -Fee for date of death values Tammie Scheib -Appraisal of 103 Ridgewood Drive Commonwealth of PA -1997 Mercury Sable registration L.B. Smith -1997 Mercury Sable inspection 0.00 0.00 648.50 0.00 0.00 67.94 75.00 20.00 275.00 36.00 89.30 if more space is needed, use additional sheetr of paper of the same size. 8,889.32 160.00 0.00 TOTAL (Also enter on Line 9, Recapitulation) I; SCHEDULE H (continued) ESTATE OF FILE NUMBER WATSON, WILLIAM G. 2011-01225 ITEM DESCRIPTION VALUE AT DATE NUMBER OF DEATH 13. GT Watts -Take Down awning annual contract $ 87.50 14. Borough of Camp Hill -Sewer Dept. 4~" quarter $ 150.00 15. AT&T Mobility -Final Cell Phone Bill $ 144.53 16. Verizon -Final Phone Bill $ 67.02 17. PPL Electric Utilities -Final Electric Bill $ 426.20 18. Pennsylvania American Water Co. -Final Water $ 21.24 19, PA Dept. of Revenue - 2011 State Income Tax 21.00 TOTAL $11,178.55 REV-1512 EX+ (12-OB) Pennsylvania SCHEDULE I DEPARTMENT OF REVENUE DEBTS OF DECEDENT, INNERRANCE TAX RETURN MORTGAGE LIABILITIES & LIENS RESIDENT DECEDENT ES7A7E OF WATSON, WILLIAM G. FILE -- -- ~-----~ ...-... ~~~~.~~„o, ancccu m urc same size. REV-1513 EX+ (Ol-10J ra pennsylvania SCHEDULE ) DEPARTMENT OF REVENUE INHERITANCE TA% RETURN BENEFICIARIES RESIDENT DECEDENT ESTATE OF: FILE NUMBER: WATSON, WILLIAM G. 2011-01225 NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY RELATIONSHIP T(1 DECEDENT AMOUNT OR SHARE Do Not List Trustee(s) OF ESTATE I TAXABLE DISTRIBUTIONS [Include outright spousal distributions and transfers under Sec. 9116 (a) (1.2).] 1• Debra A. Brain Daughter o 50 /o 2. Thomas W. Watson Son 50% ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18 OF REV-1500 COVER SHEET, AS APPROPRIATE. 11 NON-TAXABLE DISTRIBUTIONS A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN: 1. B. CHARITABLE ANO GOVERNMENTAL DISTRIBUTIONS: 1. TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER. SHEET. $ If more space is needed, use additional sheets of paper Df the same size. I, WILLIAM G. WATSON, of the Borough of Camp Hill, Cumberland County, Pennsylvania, declare this to be my Last Full and revoke any Will previously made by me. ITEM I: I devise and bequeath all of my estate of every nature and wherever situate to my wife, ADELE S. WATSON, providing she shall survive me by thirty days. ITEM II: Should my wife, ADELE S. WATSON, predecease me or die on or before the thirtieth day following my death, I devise and bequeath all of my estate of every nature and wherever situate to my issue per stirpes living on the thirty-first day following my death. ITEM III: I appoint Commonwealth National B,~nk, of Harrisburg, Pennsylvania, guardian of any property which passe:; either under this Will or otherwise to a minor and with respect to which I am authorized to appoint a guardian and have not otherwise specii:ically done so, provided that this appointment of a guardian shall not supersede the right of any fiduciary in its discretion to distribute a share where ~ ~ possible to the minor or to another for the minor's benefit. Such ~~~;~ guardian shall have the power to use principal as well as income from \!, time to time for the minor's support and education ,,\ (including college ~\ education, both graduate and undergraduate) without regard to his or her parent's ability to provide for such support and education, or to make payment for these purposes, without further responsibility, to the minor or to the minor's parent or to any person taking care of the minor. ITEM IV: I direct that all taxes that may be assessed in con- - 1 - sequence of my death, of whatever nature and by whatever jurisdiction imposed, shall be paid from my residuary estate as a part of the ad- ministration of my estate. ITEM V: I appoint my wife, ADELE S. WATSON, executrix of this my Last Will. Should my wife, ADELE S. WATSON, fail to qualify or cease to act as executrix, I appoint my son, THOMA:i W. WATSON and my daughter, DEBRA A. WATSON, or the survivor of them, executors of this my Last Wi11. Should my son, THOMAS W. WATSON and my daughter, DEBRA A. WATSON, or the survivor of them, fail to qualify ox~ cease to act as executor, I appoint Commonwealth National Bank of Harrisburg, Pennsyl- vania, executor of this my Last Will. ITEM VI: I direct. that my executrix or guardian or their successors shall not be required to give bond for the faithful perform- ance of their duties in any jurisdiction. IN WITNESS WHEREOF, I have hereunto set my hand this 27th day of MaY 1982. William G. Watson The preceding instrument, consisting of this and one other type- written page, identified by the signature of the Testator, was on the day and date thereof signed, published and declared by WILLIAM G. WATSON, the Testator therein named, as and for his Last Will. in the presence of us, who, at his request, in his presence and in the presence of each other have subscribed our names as witnesses hereto. / Name ~ Address ,( L ~ ~i ~l/PLC dt~ zit: ~~u;~ G~~1k.~t.°+-~d~.-c~ /Q /7v 7D Name ddress - 2 - COMMONWEALTH OF PENNSYLVANIA ) SS: COUNTY OF DAUPHIN ) We, Betty M. Albert , Cynthia A. Rittel and WILLIAM G. WATSON, the testator and the witnesses, respectively, whose names are signed to the attached or foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the testator signed and executed the instrument as his Last Will and that he had signed willingly (or willingly directed another to sign for him), and that he executed it as his free and voluntary act for the purposes therein expressed, and that each of tlhe witnesses, in the presence and hearing of the testator, signed tl~e will as witness and that to the best of his knowledge the testator was at that time eighteen years of age or .older, of sound mind and under no constraint or undue influence. --- ~~~C'/1/ _- !/ Testator 1~2 W mess n v; LPL. Wit ess Subscribed, sworn to and acknowledged before mp by William G. Watson, the testator, and subscribed and sworn to before me by Betty M. Albert and Cynthia A. Rittel witnesses, this 27th day of May 1982. ~~~ ~' SY E. S:t917~@, Ideiary Public Y Commission Expires ;Aay 27, 1982 Narris4ur9, PA Dauphin (osmlp .;5 i i ~ y Pt.,..:tt ` ' -;Tres L?/ 2J, 1905 Harc.6ury, 5q Dau;,in County