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07-26-12 (2)
1505610140 REV-150 EX (01-10) PA Department of Revenue OFFICIAL USE ONLY Bureau of Individual Taxes County Code Year File Number Po Box 2sosol INHERITANCE TAX RETURN 2 1 1 1 0 1 2 1 3 Harrisburg PA 17128-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY 2 0 0 2 2 5 2 4 4 1 1 0 3 2 0 1 1 0 7 2 8 1 9 2 9 Decedent's Last Name Suffix Decedent's First Name MI B A U M B A C H S R D O N A L D W (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number FILL IN APPROPRIATE OVALS BELOW ^X 1. Original Return 4. Limited Estate ^X 6. Decedent Died Testate (Attach Copy of Will) 9. Litigation Proceeds Received THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS 2. Supplemental Return 4a. Future Interest Compromise (date of death after 12-12-82) 7. Decedent Maintained a Living Trust 1 (Attach Copy of Trust) 10. Spousal Poverty Credit (date of death between 12-31-91 and 1-1-95) 3. Remainder Return (date of death prior to 12-13-82) 5. Federal Estate Tax Return Required 8. Total Number of Safe Deposit Boxes 11. Election to tax under Sec. 9113(A) (Attach Sch. O) CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAx INFORMATION SttouLD BE DIRECTED To: Name Daytime Telephone Number C H R I S T O P H E R E- R I C E 7 1 7274 3 3i .3 4 1 First line of address M A R T S O N Second line of address 1 0 E A S T City or Post Office C A R L I S L E L A W O F F I C E S H I G H S T R E E T State ZIP Code REGIST¢~ ILLS US~"dNLY -;- ^2;7 `-' uu.~7 ~ ~ r ~` , =, , ~ rl , ~ G° ! Clr~ -- ' I ~. ~- ,- ._4 , _ ` _ ' ~ ~ ~~ / DATE FILED ' r, P A 1 7 0 1 3 Correspondent's a-mail address: CRICE(a~MARTSONLAW.COM Under penalties of perjury, I declare that l have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct and complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN DATE ADDRESS / 604 COPPER CIRCLE CARLISLE PA 17015 SIGN ~U OF PREPARER OTHER THAN REPRESENTATIVE DAT 10 EAST HIGH STREET CARLISLE PA 17013 PLEASE USE ORIGINAL FORM ONLY Side 1 L 1505610140 1505610140 . ti~~ h 1505610240 REV-1500 EX Decedent's Social Security Number DecedenYsName: DONALD W- BAUMBACH ~ SR 2 0 0 2 2 5 2 4 4 RECAPITULATION 1 4 5 0 0 0. 0 0 ........................................... 1. Real Estate (Schedule A) 1 2. Stocks and Bonds (Schedule B) ...................................... 2• 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) ..... 3. 4. Mortgages and Notes Receivable (Schedule D) .......................... 4. 5. Cash, Bank Deposits and Miscellaneous Personal Property (Schedule E)....... 5. 6. Jointly Owned Property (Schedule F) ^ Separate Billing Requested ....... 6. 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G) ^ Separate Billing Requested ....... 7. 8. Total Gross Assets (total Lines 1 through 7) ........................... 8. 9. Funeral Expenses and Administrative Costs (Schedule H) .................. 9• 10. Debts of Decedent, Mortgage Liabilities, and Liens (Schedule I) ............. 10. 11. Total Deductions (total Lines 9 and 10) ............................... 11. 12. Net Value of Estate (Line 8 minus Line 11) ............................ 12• 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) ...................... 13. 14. Net Value Subject to Tax (Line 12 minus Line 13) ...................... 14. 2 8 6 7 1. 6 1 0. 0 0 1 7 3 6 7 1. 6 1 3 1 6 5 1. 6 5 1 8 7 4 9. ? 3 5 0 4 0 1. 3 8 1 2 3 2 7 0. 2 3 1 2 3 2 7 0. 2 3 TAX CALCULATION -SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 16. Amount of Line 14 taxable at lineal rate X .045 1 2 3 2 7 0 2 3 16. 17. Amount of Line 14 taxable at sibling rate X .12 0 0 0 17. 18. Amount of Line 14 taxable at collateral rate X .15 0 0 0 18. 19. TAX DUE ......................................................19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT 0. D 0 5 5 4 7. 1 6 0. 0 0 O. o 0 5 5 4 7. 1 6 ^ Side 2 1505610240 1505610240 J REV-1500 EX Page 3 Decedent's Complete Address: File Number 21 11 01213 DECEDENT'S NAME DONALD W. BAUMBACH, SR. STREET ADDRESS 3410 WALNUT STREET _ CITY CAMP HILL STATE PA ZIP 17011 Tax Payments and Credits: ~. Tax Due (Page 2, Line 19) 2. Credits/Payments A. Prior Payments - B. Discount 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. Total Credits (A + B) (2) (4) (1) 5,547.16 (3) 0.00 0.00 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) 5,547.16 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 : ................................................................. ..... ^ ^X b. retain the right to designate who shall use the property transferred or its income; .......................... ..... ^ ^X c. retain a reversionary interest; or ........................................................................................... ..... ^ d. receive the promise for life of either payments, benefits or care? .................................................. ..... ^ 0 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? .................................................................................. ..... ^ 0 3. Did decedent own an "intrust for" orpayable-upon-death bank account or security at his or her death? .... ..... ^ 0 4. Did decedent own an individual retirement account, annuity or other non-probate property, which contains a beneficiary designation? ............................................................................................. ..... ^ ^X IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. For dates of death on or after July 1, 1994, and before Jan. 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse i; 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(1.2) [72 P.S. §9116(a)(1)]. • The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12 percent [72 P.S. §9116(a)(1.3)]. 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+ (01-10) pennsylvania ~ SCHEDULE A DEPARTMENT OF REVENUE REAL ESTATE INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF: FILE NUMBER: DONALD W. BAUMBACH SR. 21 11 01213 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 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 Real estate located at 3410 Walnut Street, Camp Hill Borough, Camp Hill, PA, known as Tax 100,000.00 Parcel #01-21-0273-226, being described in a Deed dated 7/21/99, and recorded at Book 205, Page 63, that was conveyed to Donald W. Baumbach, Sr., decedent herein. Value is actual sale value. See attached settlement statement. 2. Real estate located at Lot #7 Hill Island, Middletown, PA 17057, being described in a Deed dated 45,000.00 10/24/2006, and recorded in Dauphin County, Instrument No. 20060047111, being conveyed to Richard Baumbach and Donald Baumbach as joint tenants with rights of survivorship. Richard Baumbach died on 11/11/2007 leaving title solely vested in Donald Baumbach. See attached Deed and appraisal. TOTAL (Also enter on Line 1, Recapitulation.) ~ $ 145,000.00 If more space is needed, use additional sheets of paper of the same size. REV-1508 EX+ (~ ~-10) pennsylvania SCHEDULE E DEPARTMENT OF REVENUE CASH, BANK DEPOSITS, & MISC. INHERITANCE TAX RETURN RESIDENT DECEDENT PERSONAL PROPERTY ESTATE OF: FILE NUMBER: DONALD W. BAIJMBACH, SR. 21 11 01213 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. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. Citizens Bank checking account number ***096-2 (See attached statement.) 16,089.56 2. NCFCU primary share account number 067995. (See attached statement.) 108.88 3, Household goods and personal property 1,000.00 4. 1987 Cox boat trailer 100.00 5. 1986 Sea King boat trailer 100.00 6. 1987 14' Alumacraft boat 630.00 7. 1988 14' Lowes Industry boat 630.00 8. 1990 7' Aquamate paddle boat 50.00 9. 2000 Ford Contour 2,000.00 10. Man's diamond ring 200.00 11. County tax proration 563.52 12. School tax proration 439.60 13. Sewer and water proration 145.05 14. Country Meadows Nursing Home refund 6,615.00 TOTAL (Also enter on Line 5, Recapitulation) I $ 28,671.61 If more space is needed, insert additional sheets of paper of the same size REV-1511 EX+ (10-09) pennsylvania DEPARTMENT OF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER DONALD W. BAUMBACH SR. 21 I 1 01213 Decedent's debts must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. Matinchek and Daughter Funeral Home and Cremation Services 9,877.00 2. Bob Brant Catering 480.00 3. Gingrich Memorials, grave marker 2,000.00 4. Ministerial Honorarium 100.00 B. ADMINISTRATIVE COSTS: 1. Personal Representative Commissions: Name(s) of Personal Representative(s) Mary J. Robertson Street Address 604 Copper Circle City Carlisle State PA Zlp 17015 Year(s) Commission Paid: 2. Attorney Fees: Martson Law Offices 3, Family Exemption: (It decedent's address is not the same as claimant's, attach explanation.) Claimant Street Address City State _ Relationship of Claimant to Decedent 4. ~ Probate Fees: Register of Wills 5. I Accountant Fees: 6. I Tax Return Preparer Fees: 6,610.00 8,710.00 323.50 7. Inheritance tax return filing fee 15.00 8. The Sentinel, advertising 125.82 9. Cumberland Law Journal, advertising 75.00 10. Martson Law Offices, legal fees for sale of 3410 Walnut Street, Camp Hill, PA 432.00 11. CRF Mechanical Inc., furnace maintenance 89.45 12. Marriott HVAC, furnace maintenance 261.29 13. State Farm, house insurance 133.36 14. UGI 344.21 15. Water and Sewer, Camp Hill Borough, pending disposition of real estate 151.16 16. Postage 17.60 17. Woof, appraisal service for Cumberland County property 350.00 18. Clouser Real Estate Appraisals for Dauphin County property 375.00 TOTAL (Also enter on Line 9, Recapitulation) $ 31.651.65 ZIP If more space is needed, use additional sheets of paper of the same size Continuation of REV-1500 Inheritance Tax Return Resident Decedent DONALD W. BAUMBACH, SR. 21 Decedent's Name Page 1 11 01213 File Number Schedule H -Funeral Expenses 8~ Administrative Costs - 67. ITEM NUMBER DESCRIPTION AMOUNT 19. Sewer, Camp Hill Borough, paid at settlement 20. County taxes paid at settlement 21. Citizens Bank checking account no. ***982-8 22. House cleaning 315.00 758.26 8.00 100.00 SUBTOTAL SCHEDULE H-67 ~ 1,181.26 REV-1512 EX+(12-08) pennsylvania DEPARTMENT OF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULEI DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS ESTATE OF FILE NUMBER DONALD W. BAUMBACH SR. 21 11 01213 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. Outstanding check on date of death, Citizens Bank Account No. 096-2 83.25 2. NCFCU mortgage balance due. (See attached statement.) 18,385.26 3. UGI, account payable 93.79 4. Water and sewer, account payable 49.94 5. Verizon, account payable 39.80 6. Continuing Care Rx 97.69 TOTAL (Also enter on Line 10, Recapitulation) I $ 18,749.73 If more space is needed, insert additional sheets of the same size. REV-1513 EX+ (01-10) pennsylvania DEPARTMENT OF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE J BENEFICIARIES ESTATE OF: FILE NUMBER: DONALD W. BAUMBACH SR. 21 11 01213 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).j 1. Mary J. Robertson Lineal 15,488.05 604 Copper Circle 1/5 of residue Carlisle, PA 17015 2. Alice E. Deimler Lineal 15,488.05 1016 Chestnut Street 1/5 of residue Middletown, PA 17057 3. Donald W. Baumbach, Jr. Lineal 38,188.04 32 N. Lumber Avenue 1/5 of residue + 1/2 of Sch. Marietta, PA 17547 A, Item 2; Sch. E, Item 10 4, Randy W. Baumbach Lineal 38,618.04 223 S. Union Street, Apt. 3 1/5 of residue + 1/2 of Sch. Middletown, PA 17057 A, Item 2; Sch. E, Item 6 5. Jonathan G. Baumbach Lineal 15,488.05 2121 Old Hollow Road, Apt. 1 1/5 of residue Mechanicsburg, PA 17055 II. 1 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18 OF REV-1500 COVER SHEET, AS APPROPRIATE. NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN: B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS: TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET. I $ If more space is needed, use additional sheets of paper of the same size. r , ~:. . e,forrrstrr~; _ `Shar~es"~tx. vdt,rc err}c:c ~-r ~,.~,<atE pt.;r3r,`n_~<:,~e.;;s:. ,:, ~-7.u;nb~:.:`i, ,,r„ , i .:~,< - . ,~'izl".tr5-~1D f71i35~JZti+C}5~. :~ .,Li © -- _.;_ C7 :~~r- -- r ; n _ __`,'~~ O x ,_-, ~; ~ - ~agt ~.i~Y attb ~e~ta~rrtent ~ ~ ~~ `-' ~'~ ~' _~~ :, ~~ I, DONALD W BAUMBACH, SR., of Camp Hill, Cumberland County, Pennsylvania, revoke my prior wills and declare this to be my Last Will: FIRST: PAYMENT OF EXPENSES - I direct that the expense of my last illness and funeral be paid from my estate as soon as may conveniently be done. SECOND: BEQUEST - I give, devise and bequeath my diamond ring to my son, DONALD W BAUMBACH, JR. THIRD: BEQUEST - I give, devise and bequeath my 1996 Nissan Pick-up Truck to my son, JONATHAN GUY BAUMBACH. FOURTH: BEQUEST - I give, devise and bequeath my 14' Boat, Trailer, and Motor to my son, RANDY W BAUMBACH. FIFTH: BEQUEST - I give, devise and bequeath the right to select any items they desire from my personal residence to my daughters, MARY ROBERTSON and ALICE E DEIMLER. SIXTH: BEQUEST - I give, devise and bequeath my real estate located at Lot #7, Hill Island, Dauphin County, Pennsylvania, to my sons, DONALD W BAUMBACH, JR., RANDY W BAUMBACH, and JONATHAN GUY BAUMBACH, as Joint Tenants with the Right of Survivorship. SEVENTH: RESIDUE OF ESTATE - I give, devise and bequeath all the rest, residue and remainder of my estate unto my children, MARY ROBERTSON, DONALD W BAUMBACH, JR., ALICE E DEIMLER, RANDY W BAUMBACH and JONATHAN GUY BAUMBACH in as nearly equal shares as possible, per stirpes. EIGHTH: PROTECTIVE PROVISION - To the greatest extent permitted by law, before actual payment to a beneficiary, no interest in income or principal shall be (i) assignable to a beneficiary or (ii) available to anyone having a claim against a beneficiary. NINTH: DEATH TAXES -All federal, estate and other death taxes payable on the property forming my gross estate, whether or not it passes under this will, shall be paid out of the principal of my probate estate just as if they were my debts, and none of those taxes shall be charged against any beneficiary. This provision shall not apply to any property over which I have a general power of appointment of federal estate tax purposes. TENTH: MANAGEMENT PROVISIONS - I authorize my Executrix, as follows: A. Retain/invest: To retain and to invest in all forms of real estate and personal -~ c ~ -. __ - , __ :=~:, ~~ ~ C~ 1 .;..c: x,.LU{Et7.L35-~IO~Oi3b.J<<3.U.c<oc~ ~• ~;Fc~rrr st rt,u;~,•A~_i,~,rc~s;zacy_,+otc; i-rciGC .~:rg.e_;t~[e pl r~r_~nE;'.;.hr*;~Ys w:,r?~_.~<.~~~ra:,.. . ~o property, including common trust funds, mutual funds and money market deposit accounts and certificates of deposit, regardless of any limitations imposed by law on investments by executors or any principle of law concerning investment diversification; B. Compromise: To compromise claims and to abandon any property which, in my Executrix's opinion, is of little or no value; C. Borrow: To borrow from and to sell property to others, and to pledge property as security for repayment of any funds borrowed; D. Sell/Lease: To sell at public or private sale, to exchange or to lease for any period of time, any real or personal property and to give options for sales of leases; E. Capital Changes: To join in any merger, reorganization, voting-trust plan or other concerted action of security holders, and to delegate discretionary duties with respect thereto; F. Distribute: To distribute in kind and to allocate specific assets among the beneficiaries (including any custodian hereunder} in such proportions as my Trustee may think best, so long as the total market value of any beneficiary's share is not affected by such allocation. These authorities shall extend to all property at any time held by my Executor/rix or my Trustee and shall continue in full force until the actual distribution of all such property. All powers, authorities and discretion granted by this Will shall be in addition to those granted by law and shall be exercisable without court authorization. ELEVETH: EXECUTOR - I appoint my daughter, MARY ROBERTSON, Executrix of my Will. In the event of the death, resignation, renunciation or inability of MARY ROBERTSON to act as Executrix, I appoint my daughter, ALICE E DEIMLER, Executors of this, my Will. Neither my Executrix, nor any successor shall be required to give bond. IN WITNESS WHEREOF, I have hereunto set my hand and seal this 08th day of FEBRUARY, 2005. ~ AL DONALD W BAUMBACH, SR., Testator In our presence, the above-named Testator signed this and declared it to be his will, and now, at leis ~qu,~~ and in)hi~ ptesey+'~e,~nd i~ the presence of each other, we sign as witnesses: 2 ~,Fs,rt~t+r,.,+s ~.ur=~r, uCS;~Nii,c :CruE r, c ::,te p(.;r~r:r s; ctyc.~i?-,,i,rk ~<.~, ..,.... r .. ;~::::... .4~~T,i~S..,9t1 ilion.J .~'~.;rc ~' STATE OF PENNSYLVANIA COUNTY OF FRANKLIN SS I, DONALD W BAUMBACH, SR., having been duly qualified according to law, acknowledge that I signed the foregoing instrument as my Will, and that I signed it as my free and voluntary act for the purposes therein expressed. ~~ DONALD W AUMBACH, S ., Testator We, DONALD W BAUMBACH, SR., the Testator in and the undersigned witnesses to the Will, the attached or foregoing instrument, who have signed the instrument, having been qualified according to law do depose and say: (a) that I, the Testator, do hereby acknowledge that I signed the instrument as my Will, that I signed it willingly and as my free and voluntary act for the purposes therein expressed; and (b) that we, the witnesses, were present and saw the Testator sign and execute the instrument as his Will, that he signed it willingly and executed it as iris free and voluntary act for the purposes therein expressed; that each of us in the hearing and sight of the Testator signed the Will as witnesses and that to the best of our knowledge, the Testator was at that time eighteen or more years of age, of sound mind and under no constraint or undue influence. W rtness Subscribed, sworn to or affirmed, and acknowledged before me by the above-named Testator and by the witnesses whose names appear on this 08'h day of FEBRUARY. Notary ublic NOTARIAL SEAL FOREST N. MYERS, NOTARY PUBLIC SHIPPENSBURG BOROUGH, COUNTY OF FRANKLIN MY COMMISSION EXPIRES DECEMBER 17, 2005 hatlement Statement u. S. Department of Housing F..3 Aoproval PJa c02-!%26! .nd Urban Develooment 9. Type of Loan 1. ( ]FHA 2. [ ] RHS 3. ( ] Conv. Unins. i 6. File Number: 7. Loan Number: ' 9.:Mortgage Insurance Case Number: 4 ( ] VA 5. [ ] Ccnv. Ins. 401200632-SW .. idOTE: This form is furnished to q(ve you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown. Items narked "(p.o.c.)" were paid outside of the closing: they are shown here far informational purposes and are not included in the totals. D. Name and Address of Borrower E. Name and Adtlresa of Seller F. Name and Address of Lender ROMEO LIO AND MARIA L. LIO 'AARY J. ROBERTSON, EXECUTRIX OF .STATE OF DONALD W. BAUMBACH ZC9 N. 36TH STREET CAMP HILL, PA 17011 c04 COPPER CIRCLE CARLISLE, PA 17015 G. Property Location 3410 `NALNUT STREET, CAMP HILL, PA 17011 ~OUNTY:CUMBERLAND PARCEL ID: 01-21-0273.226 iO`NNSHIP: CAMP HILL BOROUGH H. Settlement Agent SECURED LANO TRANSFERS, LLC Place of Settlement I. Settlement Date 04104/2012 1.185 ST. JOHNS CHURCH ROAD Disbursement Date 04104/2012 SHIREMANSTOWN , PA 17011 J. SUMMARY OF BORROWER'S TRANSACTIONS K. SUMMARY OF SELLER'S TRANSACTIONS 100. Grose Amount Due From Borrower 400. Gross Amount Due To Seller 101. Contract Sales Price $100,000.00 401. Contract Sales Price 5100,000.00 '.02. Personal Property 402. Personal Property 103. Settlement Charges to Borower $2,835.38 403. Adjustmenb For Items Pald By Seller In Advance Adjustments For Items Paid By Seller In Advance 113. Citylrown Taxes 413. Clty/Town Taxes 114. County Taxes 758.28/yr 4/4/2012 to 1/1/2013 $563.52 414. County Taxes 758.26/yr 4/412012 to 1/1/2013 5563.52 115. School Taxes 1,828.33/yr 41412012 to 711/2012 $439.60 415. School Taxes 1,828.33/yr 4/4/2012 to 7/1/2012 $439.60 118. Assessments 418. Assessments 119. 419. t 21. Sewer 150.00/qtr for 414/2012 to 7/1/2012 $145.05 421. Sewer 150.00/qtr for 4/4/2012 to 7/1/2012 $145.05 120. Gross Amount Dua From Borrower I $103,983.551420. Grose Amount Due To Seller I 5101,148.17 200. Amounts Pald ev Or In Behalf Of Borrower 500. Rsductlons In Amount Due 7e Seller 201. Deposit or Earnest Money 501. Excess Deposits 202. Principal 502. Sstttamant Charges to Seller 57,823.26 203. Existing Loan(s) Taken Subject to 503. ExlsBng Loan(s) Taken Subject to 204. 504. Payoff First Mortgage to New Cumberland Federal 317 625 32 Ad)ustmenb For Items Unpaid By Seller Credit Union , . 210 Adjustmenb For Items Unpaid By Seller 211 510. 212. 511. 213. City/Town Taxes 512• 214. County Taxes 513. Clty/Town Taxes 218. Assessments 514. County Taxes 219. HOA 516. Assessments 519. 220. Buyer's Total Credits 50.00 520. Seller's Total Charges 525,448.58 300. Cash At Settlement FromlTo Borrower 600. Cash At Settlement To/From Seller 301. Grose Amount Due From Borower (Ilne 120) 5103,983.55 601. Gross Amount Due To Seller (line 420) 5101,148.17 J02. Less Amounts Paid By/For Borrower Qine 220) 50.00 602. Less Deductions In Amt. Due To Seller (Ilne 520) 525,448.58 303. Cash [ X ]From [ ] To Borrower I $103,963.551603. Cash [ X ] To [ j From Seller I 575,699.59 '~,~~~ , ~~ ' I roos32 • sw ~ttlement Statement - .Total Sale Commission ;ion of Commission (line 700) As Follows . Commission Listing Commission Selling Page 2 Paid From Borrower's Paid From Seller's Funds At Settlement Funds At Settlement Commission paid at settlement I I Items Payable In Connection With Loan Loan Origination Fee ' Loan Discount 73. City Property Taxes )4. County Property Taxes -0. Aggregate Accounting A OD. Title Charges 01. SettlementlClosing Fee 06 Notary fee 17 Attorney Fee 0 Owner's Coverage $100000.00 ($772.88)Reissue Rate ?D0. Government Recording And Transfer Charges Ot. Recording Fees for Deed 62.50; Recording Fees for Mortgage $62.50 )2. City/County Tax/Stamps 1000.00 $1,000.00 J3. State Deed Tax 1000.00 $1,000.00 )0. Additional Settlement Charges J5. Inheritance Tex Escrow to Secured Land Transfers • Mechanicsburg ! $6,750.00 '.6. Sewer - 1/1/12 thru 6/30/12 to Camp Hill Borough $315.00 ~7. 2012 County/Boro Tax to Janet L. Miller, TC $758.26 N '0. Total Settlement Charges $2,835.38 $7,823.26 f0~, -r,ve carefully reviewed the HUD-1 Settlement Statement and to the best of my knowledge and ballet It Is true and accurate statement of all receipts anddisbun;ements ads on my account or by me In this transaction. I further certify that I have received a copy of the HUD-1 Settlement Statement. :YERS / SELLERS _ ~(~~_ ; ~/__ Estate of Donald W. Baumbach -~eo Lio [) Y r `-0 / ~ I 1 vrnatn 4 /~ ~/.~,f2'+-- ~',EG- . ~ B Ma J. b on, Executriu ~ria L. Lio ~, HUD-1 Settlement Statement which I have prepared Is and accurate account of this transaction. I have caused or will cause the funds to be disbursed in cordance with this statement. •rtlem n Date I 04/04/2012 ~~- Interest Mortgage Insurance Premium Hazard Ins. Premium INST#: 20060047111 Recorded: 11/16/2006 at 02:06:44 PM 5 PAGES JAMES M. ZUGAY, RECORDER OF DEEDS, DAUPHIN COUNTY, PA. RECORDED BY DEPUTY CLERK: TBUCKLEW This D~~d ,~y~ Parcel No. Made the ~ day of C~" ~"" , in the year Two Thousand Six (2006) between RAYMOND BAUMBACH AND PATRICIA BAUMBACH, his wife, RICHARD BAUMBACH AND MARJORIE BAUMBACH, his wife, and DONALD BAUMBACH, single person, (hereinafter called the Grantor), and RICHARD BAUMBACH AND DONALD BAUMBACH, as joint tenants with rights of survivorship, (hereinafter called the Grantee); WITNESSETH, That in consideration of ONE ($1.00) Dollar, in hand paid, the receipt whereof is hereby acknowledged, the said Grantor does hereby grant and convey to the said Grantee, ALL THAT CERTAIN tract or parcel of land located on Hill Island in Londonderry Township, Dauphin County, Pennsylvania, more particularly hounded and described as follows, to wit: BEGINNING at a point in the low water mark line of the Susquehanna River, which point is in the northerly line of a 15 feet wide lane located northwardly from Lot No. 6 on the Plan hereinafter referred to and now or formerly of Donald R. and Mildred C. Nees, his wife; thence along the northerly line of said 15 feet wide lane north 57 degrees 10 minutes west, 225 feet, more or less, to a point in the line of lands now or formerly of Chester Myers; thence along said lands North 20 degrees and .05 of a minute East, 52.1 feet to a point; thence still along said lands North 00 degrees 40 minutes West, 54.2 feet to a point in the southerly line of lands now or formerly of Solomon Peck Garver; thence along said lands now or formerly of Garver South 53 degrees 40 minutes East 282 feet, more or less, to a point in the low water mark line of the Susquehanna River; thence down said ever along the low water mark line thereof 80 feet, more or less, to the place of BEGINNING. BEING Lot No. 7 on the Plan prepared by R.H. Cumbler, a registered surveyor on June 25,1950, BEING the same premises which William Garver, by deed dated August 31, 1968 and recorded in Dauphin County Deed Book Z, Volume 54, Page 626, granted and conveyed unto Harry Baumbach, Edward Buambach, John Baumbach, Dale Baumbach, Richard Baumbach, Raymond Baumbach and Donald Baumbach, as joint tenants with rights of survivorship. The said Dale Baumbach died on August 11, 1974; John Baumbach died on February 2, 1986; Harry Baumbach died on Aprll 14, 1986 and Edward Baumbach died on January 9,1997 whereupon title vested in the remaining three brothers, Raymond Baumbach, Richard Baumbach and Donald Baumbach, Grantors herein. Their spouses join in to relinquish any marital interest they may have acquired. THIS IS A TRANSFER BETWEEN BROTHERS AND IS, THEREFORE, EXEMPT FROM TRANSFER TAX. `~~,h , ~ - ,:~ INSTRUMENT #: 20060047111 PAGE 2 OF 5 TOGETHER with all and singular, the tenements, hereditaments and appurtenances is the same belonging or in anywise appertaining, and the reversion and reversions, remainder and remainders, rents, issues, and profits thereof; and also all the estate, right, title, interest, property, claim and demand whatsoever, both in law and equity, of the said party of the first part, of, in, to or out of the said premises, and every part and parcel thereof. TO HAVE AND TO HOLD the said premises, with all and singular the appurtenances, unto the said parties of the second part, their heirs and assigns, to and for the only proper use and behoff of the said parties of the second part, their heirs and assigns forever. AND the said party of the first part, for themselves, their heirs, executors and administrators, do by these presents, covenant, grant and agree to and with the said parties of the second part, their heirs and assigns, that they, the said parties of the first part, their heirs all and singular the hereditaments and premises hereinabove described and granted or mentioned, and intended so to be, with appurtenances, unto the said parties of the second part, their heirs and assigns, against the said parties of the first part and their heirs and against all and every other person or persons whomsoever, lawfully claiming or to claim the same or any part thereof, by, from, or under them, or any of them, shall and will by these presents, warrant and forever defend. IN WITNESS WHEREOF, the said Grantor has hereunto set its hand and seal the day and year first above written. AND the said Grantor hereby covenants and agrees that they will warrant specially the property hereby conveyed. ~~iz~4~i BAU PATRICIA BAUM ....~ ~ /3 RICHARD BAUMBACH ~~n MARJ IE BAUMBACH a~ DONALD BAUMBACH INSTRUMENT #: 20060047111 PAGE 3 OF 5 STATE OF ~~ ~ ) :SS COUNTY OF l-a'1~ ) On this, day of ~C~' • , 2006, before me, a Notary Public, in and for the State of Florida, personally appeared RAYMOND BAUMBACH AND PATRICIA BAUMBACH, known to me, (or satisfactorily proven) to be the persons whose names are subscribed to the within document and acknowledged that they executed the same for the purposes therein contained, WITNESS my hand and notarial seal the day and year aforesaid.- Q,a,..~~ 'R1n t. ~tZ ~3 ~ -2Z u ~ ~~Ua ~n~ ~ii_t~61 3~ -~~o~o STATE OF C1i4t`~,~ a~ Notary Public (SEAL ~~ ~~~ ERICA MCCLURE ~ °~ Notary Public, State of Florida Commissior9f DD559237 My comm. expires June Ot, 2010 /A ~~~'~~~ :SS COUNTY OF ~ ) On this ~ day of -` ~~~~'~2006, before me, a Notary Public, in and for the Commonwealth of Pennsylvania, personally appeared RICHARD BAUMBACH AND MARJORIE BAUMBACH, known to me, (or satisfactorily proven) to be the persons whose names are subscribed to the within document and acknowledged that they executed the same for the purposes therein contained, WITNESS my hand and notarial seal the day and yeas afnracacri - COMMONWEALTH OF PENNSYLVANIA Notarial Seal Jean P. Zonarich, Notary PCamty CKy Or Harrisburg, Dauph' My Comm~siart Expires Sept. 14, 2010 Member, Pennsylvania Aseoolatlon of Notaries INSTRUMENT #: 20060047111 PAGE 4 OF 5 STATE OF ~ ) A v PN~ ~ :ss COUNTY OF ,~ ) On this ,~ day of U~Mbf~06, before me, a Notary Public, in and for the Commonwealth of Pennsylvania, personally appeared DONALD BAUMBACH, known to me, (or satisfactorily proven) to be the person whose name is subscribed to the within document and acknowledged that he executed the same for the purposes therein contained. WITNESS my hand and notarial seal the day and year Public COMMONWEALTH OF PENNSYLVANIA Notarial Seal Jean P. Zonarich, Notary Public city Oi Harrieburp, Dauphin County My commission E~ires Sept.14, 2010 Member, Pennsylvania Asaociatfon of Notaries I hereby certify that the precise residence of the Grantee in the within Deed is Attorney for Grantee James M. Zugay, Esq. Recorder of Deeds (717)780-6560 Candace E. Mecl: First Deputy Recorder of Deeds Harrisburg, Pennsylvania CERTIFIED END PAGE INSTRUMENT #: 20060047111 RECORD DATE: 1 1 11 612006 2:06:44 PM RECORDED BY: TBUCI{LEti1V DOC TYPE: DEED AGENT: SKARLOTOS ~ ZONARICH DIRECT NAME: BAUMBACH, RAYMOND INDIRECT NAME: BAUMBACH, RICHARD RECORDING FEES - State: $0.50 RECORDING FEES -County: $13.00 ACT 8 OF 1998: $5.00 TOTAL NAMES: $1.50 LONDONDERRY TP LOV~IER DAUPHIN AOPC: $10.00 ~4FFORDABLE HOUSING: X13.00 I Certify This Document To Be Recorded In Dauphin County, Pennsylvania. Q-- ~~ Location: Dauphin County Courthouse Room 102 Front & Market Streets Harrisburg, PA 17101. James M. Zugay, Recorder of Deeds ~~ ~~~ ~yt~J THIS IS A CERTIFICATION PAGE PLEASE DO NOT DETACH THIS PAGE IS NOW PART OF THIS LEGAL DOCUMENT APPRAISAL OF REAL PROPERTY LOCATED AT: Lot # 7, Hill Island Instrument Number 2006047111 Middletown, PA 17057 FOR: Mary Robinson 604 Copper Circle Carlisle, PA 17015 AS OF: 11 /03/2011 BY: Dennis L. Stover PA Certified Residential Real Estate Appraiser Certification Number RL 138906 Clauser Real Estate Appraisals PO Box 777 Camp Hill, PA 17001-0777 Form GAt - "WinTOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE ~xh ~ ~~ Mary Robinson 604 Copper Circle Carlisle, PA 17015 Re: Property: Lot # 7, HiII Island Middletown, PA 17057 Owner The Estate Of Donald Baumbach File No.: 12-0410 R-2 In accordance with your request, we have appraised the alwve referenced property. The report of that appraisal is attached. The purpose of this appraisal is to estimate the market value of the property described in this appraisal report, as improved, in unencumbered fee simple title of ownership. This report is based on a physical analysis of the site and improvements, a locational analysis of the neighborhood and city, and an economic analysis of the market for properties such as the subject. The appraisal was developed and the report was prepared in accordance with the Uniform Standards of Professional Appraisal Practice. The value conclusions reported are as of the effective date stated in the body of the report and contingent upon the certification and limiting conditions attached. It has been a pleasure to assist you. Please do not hesitate to contact me or any of my staff if we can be of additional service to you. Sincerely, 1~--- ~ ~~°"' Dennis L. Stover PA State Certified Residential Real Estate Appraiser Certification Number RL 138906 Client Mary Robinson File No 12-0410 R-2 Prop~ Atldress Lot # 7, Hill Island City Middletown County Dauphin State PA Zip Code 17057 Owner The Estate Of Donald Baumbach TABLE OF CONTENTS Cover Page ................................................................................................................................... .................................................................................... 1 Letter of Transmittal ...................................................................................................................... ................................................................................... 2 Table of Contents ......................................................................................................................... _....................................................................._............ 3 Summary of Salient Features .......................................................................................................... ................................................................................... 4 USPAP Identification ..................................................................................................................... .................................................................................... 5 GP Residential .............................................................................................................................. .................................................................................... 6 Subject Photos ............................................................................................................................... .................................................................................... 9 Interior Phatos ............................................................................................................................. .................................................................................... 10 Building Sketch (Page -1) ............................................................................................................. .................................................................................... 11 Comparable Photos t-3 ................................................................................................................. .................................................................................... 12 Location Map ................................................................................................................................. .................................................................................... 13 Flood Map ...................................................................................................................................... .................................................................................... 14 Appraisal Addendum • Special Conditions ...................................................................................... .................................................................................... 15 Oualifications ................................................................................................................................. .................................................................................... 16 Oualifications ................................................................................................................................. .................................................................................... 17 Statement of Limiting Contlitions .................................................................................................. ..................................................................................... 18 Electronic Signature Compliance .................................................................................................... .................................................................................... 20 Certificate ...................................................................................................................................... ..................................................................................... 21 Invoice .......................................................................................................................................... .................................................................................... 22 Form TOCNP - "WinTOTAL" appraisal software by a la made, inc. -1-800-ALAMODE SUMMARY OF SALIENT FEATURES Subject Address Lot # 7, Hill Island Legal Description Instrument Number 2006047111 City Middletown County Dauphin State PA Zip Code 17057 Census Tract 42043-0240.01 Map Reference 25420 Sale Price $ NA Date of Sale NA Client Mary Robinson Owner The Estate Of Donald Baumbach Size (Square Feet) 1,165 Price per Square Foot $ 38.63 Location Hill Island Age 58 Condition Avg Total Rooms 5 Bedrooms 2 Baths 1 Appraiser Dennis L. Stover Date of Appraised Value 11/03/2011 Final Estimate of Value $ 45,000 Form SSD - "WinTOTAL"appraisal software by a la mode, inc. -1.800-ALAMODE GEORGE CLAUSER R-2 Code Owner The Estate Of Donald Baumbach APPRAISAL AND REPORT IDENTIFICATION This Appraisal Report is one of the followingtypes: - ' I Self Corrtained (A written report prepared under Standards Rule 2-2(a) , pursuant to the Scope of Work, as disclosed elsewhere in this report.) Summary (A written report prepared under Standards Rule 2-2(b) , pursuant to the Scope of Work, as disclosed elsewhere in this report.) Restricted Use (A written report prepared under Standards Rule 2-2(c) , pursuant to the Scope of Work, as disclosed elsewhere in this report, restricted to the stated intended use by the specified client or intended user.) Comments on Standards Rule 2-3 I 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. I have no jar the specified) present or prospective interest in the property that is the subject of this report and no for the specified) personal interest with respect to the parties involved. • I have no bias with respect to the property that is the subject of this report or the parties involved with this assignment. My engagement in this assignment was not contingent upon developing or reportng 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 Professional Appraisal Practice. I have made a personal inspection of the property that is the subject of this report. No one provided significant real property appraisal assistance to the person signing this certification. (If there are exceptions, the name of each individual providing significant real property appraisal assistance is stated elsewhere in this report.) Comments on Appraisal and Report Identification Note any USPAP related Issues requiring disclosure and any State mandated requirements: SCOPE OF WORK The sco a of work for this a raisal is defined b the com lexi of this a raisal assi nment and the re rtin re uirements of this a raisal form includin the definition of market value a statement of assum lions and limitin conditions and certifications. The a raiser has at a minimum: 1 erformed a com late visual ins action of the interior and exterior areas of the sub'ect roe 2 ins acted the nei hborhood 3 ins acted each of the com arable sales from at least the street 4 researched verified and anal zed data from reliable ublic and/or rivate sources and 5 has re orted his anal sis o inions and conclusions in this a raisal re ort The a raisal is based on the information athered b the a raiser from ublic records other identified sources ins action of the sub'ect roe and nei hborhood and selection of com arable sales within the sub'ect market area. The on final source of the com arables is shown in the Data source section of the market rid alon with the source of confirmation if available. The on final source is resented first. The sources and data are considered reliable. When conflictin information was rovided the source deemed most reliable has been used. Data believed to be unreliable was not included in the re rt nor used as a basis for the valuation conclusion. 'THERE WERE NO SERVICES REGARDING THE SUBJECT PROPERTY PERFORMED BY THE APPRAISER WITHIN THE PRIOR THREE YEARS AS AN APPRAISER OR IN ANY OTHER CAPACITY" APPRAISER: SUPERVISORY APPRAISER (only if required: Signature: ~- ~ ~ Signature Name: Dennis L. Stover Name: Date Signed: May 14 2012 Date Signed: State Certification #: RL 138906 State Certification #: or State License #: _ or State License #: State: PA State: Expiration Date of Certification or License: 06/30/2013 Expiration Date of Certification or License: Supervisory Appraiser inspection of Subject Property: Effective Date of Appraisal: 11/03/2011 [~ Did Not L_ Exterior•only from street [] Interior and Exterior Form IDO6 - "WinTOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE GEORGE CLAUSER RESIDENTIAL APPRAISAL SUMMaRV RFpnRT 12-D4,0 R-2 Pro a Address: Lot # 7 Hill Island Ci :Middletown State! PA G ZiYCode: 17057 ~ Coun Dau hin Le al Descri lion: Instrument Number 2006047111 v w Assessor's Parcel #: 34-036-107 'm Tax Year: 2011 R.E. Taxes: $ 1 013 S ecial Assessments: $ NA Borrower it a licable : NA ~ rn Current Owner of Record: The Estate OF Donald Baumbach Occu ant: ^ Owner ^ Tenant ~ Vacant Manufactured Housin Pro'ect T e: ^ PUD ^ Condominium ^ Coo erative ^ Other describe HOA: $ ^ er ear i ~ er month Market Area Name: Hill Island Ma Reference: 25420 Census Tract: 42043-0240.01 z ~ The ur ose of this a raisal is to develo an o inion of: Market Value as defined , or other a of value describe This re ort reflects the followin value 'rf not Current, see comments : Current the Ins ection Date is the Effective Date Retros ective I-' pros ective A roaches develo ed for this a raisal: I~ Sales Cam orison A roach ~ Cost A roach ^ Income A roach See Reconciliation Comments and Sco a of Work Pro a Ri hts A raised: Fee Sim le Leasehold ^ Leased Fee !~ Other describe ~ Intended Use: The intended use of this appraisal report is for the client to evaluate the property that is the subiect of this appraisal to establish a w fair market value. Q Intended Users b name or e : The intended user of this a raisal re ort is the client and no other users are intended. Client: Ma Robinson Address: 604 Co er Circle Carlisle PA 17015 A raiser: Dennis L. Stover Address: P. O. Box 777 Cam Hill PA 17001-0777 0 ~ y G Q Location: ~ Urban Suburban Rural Predominant One-Unit Housing Present Land Use Change In Land Uae Built up: ~ Over 75% ^ 25-75% ^ Under 25% Occupancy PRICE AGE One-Unit 85 % ^ Not Likely Growth rate: ^ Rapid ~ Stable ^ Slow ~ Owner $(000) (yrs) 2-4 Unit 5 % ^ Likely * ~ In Process * Property values: ^ Increasing 'gl Stable ^ Declining ^ Tenant 70 Low 0 Multi-Unit 5 % * To: vacant land to Demand/supply: ^ Shortage ~ In Balance ^ Over Supply ~ Vacant (0-5%) 1 000 Hi h 250 Comm'I 5 % residential development Marketin time: Under 3 Mos. 3-6 Mos. ^ Over 6 Mos. ^ Vacant > 5% 165 Pred 35 % Market Area Boundaries, Description, and Market Conditions (including support for the above characteristics and trends): The subiect neighborhood is Hill Island Londonderry Twp Dauphin County PA Shopping schools and churches are located within 10 15 minutes of the property Full service shopping Is available at the Harrisburg and Colonial Park malls approximately 10 15 minutes Public school students attend the Lower F Dauphin School District Employment centers are located in Harrisburg Camp Hill York and Mechanicsburg Market conditions in the subiect Y neighborhood are considered moderately active with low mortgage interest rates being the primary catalyst Sales in recent weeks have been a moderately active. Typical financing for residential properties includes 80% to 90% loan 1 3 points 4 5% mortgage interest rates for up to 30 ~ years. Typical marketing time is between 30 and 90 days Dimensions: From Count Records Site Area: .46 Acres Zoning Classification: Agricultural Description: Agricultural Zonin Com liance: Le al ^ Le al nonconformin randfathered Ills al No zonin Are CC&Rs a licable? Yes ^ No Unknown Have the documents been reviewed? ^ Yes No Ground Rent if a licable $ / Highest & Best Use as improved: ®Present use, or ^ Other use (explain) Z O' F= Actual Use as of Effective Date: Residential/Seasonal Use as appraised in this report: Residential/Seasonal Summary of Highest & Best Use: The highest and best use of the subiect is the present use a v ~ - y Utilities Public Other Provider/Description Electricity ® ^ Met Ed Gas ^ ^ NA Water ^ ~ Well Sanitary Sewer ^ ® On Site Storm Sewer [- NA OH-site Improvements Type Public Private Street NA ^ ^ Curb/Gutter NA ^ ^ Sidewalk NA ^ ^ Street lights NA ^ ^ Alle NA Topography Av Site Av Shape Irre ular Drainage Avg View Waterfront Other site elements: Inside Lot Corner Lot Cul de Sac Under round Utilities Other describe FEMA S ec'I Flood Hazard Area Yes No FEMA Flood Zone A13 FEMA Ma # 42038300150 FEMA Ma Date 03/18/1980 Site Comments: There are no apparent easements encroachments special assessments slide areas or illegal or legal nonconforming uses known. General Description # o} Units One ^ Acc.Unit Exterior Description Foundation Concrete Block Foundation Slab 0 Basement None Area Sq. Ft. Heating Type Woodstove # of Stories 1 Exterior Walls Aluminum Crawl Space Partial % Finished Fuel Wood Type ®Det. ^ Att. ^ Root Surface Shin le/Rubber Basement NA Ceiling ~ Design (Style) Cabin/Cotta a ® Existing ^ Proposed ^ Und.Cons. Actual Age (Yrs.) 58 Gutters & Dwnspts. Aluminum Window Type Doublehun Storm/Screens Storm Units Sump Pump ^ NA Dampness ^ No Evidenc Settlement No Evidence Walls Floor Outside Entry Cooling Central NA Other iZ Effective A e rs. 20 Screens Existin Infestation No Evidence W > ~ Interior Deacrlptlon Floors Slate/Car et/Vin I Walls Panel/WallBoard Appliances Refrigerator ® Range/Oven ^ Attie ®None Stairs ^ DropStair ^ Amenities Fireplace(s) # Woodstove(s) # 1 Patio Car Storage Q~ None Garage # of cars ( Tot.) Attach. ~ TriMFinish Wood Disposal ^ Scuttle ^ Deck _ Detach. 'w Bath Floor Vin I Dishwasher ^ Doorway ^ Porch Enclosed Pch _ Bit.-In F Rath Wainscot NA FaNHood ^ Floor ^ Fence _ Carport O z Doors Wood Microwave ^ Washer/D er ^ Heated ^ Finished ^ Pool Other Pavilion/Shed _ Driveway Surface ~ Finished area above rode contains: 5 Rooms 2 Bedrooms 1 Baths 1 165 S uare Feet of Gross Livin Area Above Grade d ~ Additional features: The subiect is a seasonal cabin located on Hill Island in the Susquehanna River There is no central heat or air conditioning U It is serviced b a well and se tics stem as well as ublic electrici w, ~ Describe the condition of the property (including physical, functional and external obsolescence): The subiect is a cabin style dwelling in average condition Physical: Depreciation due to age and condition Functional• None External• No adverse locational features noted The most recent major river flood caused no damage to the subiect This report is NOT a home inspection and the appraiser only performed a visual inspection of accessible area and that the appraisal cannot be relied upon to disclose conditions and/or defects in the property ~ ' RE51 D E NTIAL Copydght® 2007 by a la mode, inc. This form may be reproduced unmodified without written permission, however, a la mode, Inc. must be acknowledged and credited. Fnrm f,PRFS9 - "WinTnTAI ~~ n°„~„~°i ~„tr,.,~~e v,„ , i, m„a., ..,,, ~ onn .~ ...~r,~ vonm R ESIDENTIAL APPRAISAL SUMMARY REPORT FIIeNo.: 12-0410 R-2 ~ My research .did ' _ did not reveal any prior sales or transfers of the subject property for the three years prior to the effective date of this appraisal. Data Sources : Dau hin Coun Tax Assessment Office DCTAO O 1st Prior Sub'ect Sale/Transfer Analysis of sale/transfer history and/or any current agreement of sale/listing: u~i Date: Not in the last ~ Price: three ears. LL Sources : DCTAO z 2nd Prior Sub'ect Sale/Transfer Date: z i•- Price: Sources SALES COMPARISON APPROACH TO VALUE if develo d The Sales Com orison A roach was not develo ed for this a raisal. FEATURE SUBJECT COMPARABLE SALE # 1 COMPARABLE SALE # 2 COMPARABLE SALE # 3 Address Lot # 7, Hill Island Middletown PA 17057 L2N, Hill Island Middletown PA 17057 L19A, Hill Island Middletown PA 17057 L11 E, Hill Island Middletown PA 17057 Proximi to Sub'ect 0.19 miles N 0.26 miles N 0.18 miles SW Sale Price $ NA $ 67 847 $ 56 515 $ 23 937 Sale Price/GLA $ 38.63 /s .tt. $ 69.80 /s .tt. $ 45.28 /s .ft. $ 21.37 /s .ft. Data Sources Ins ection Tax Assessment Record/STEB Tax Assessment Record/STEB Tax Assessment Record/STEB Verification Sources NA Tax Assessment Records Tax Assessment Re cords Tax Assessment Re cords VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION + - $ Ad'ust. DESCRIPTION + - $ Ad'ust. DESCRIPTION + - $ Ad'ust. Sales or Financing Concessions NA NA Unk. Private Sale Unknown Pvt Sale Unk. Private Sale Unknown Pvt Sale Unk. Private Sale Unknown Pvt Sale Date of Sale/Time NA OSI02/2011 07/05/2011 11 /22/2010 +5 000 Ri hts A raised Fee Sim le Fee Sim le Fee Sim le Fee Sim le Location Hilllsland Hilllsland Hilllsland Hilllsland Site 46 Acres 57 Acres 2.7 Acres -5 000 .64 Acres View Waterfront Waterfront Waterfront Waterfront Desi n S le Cabin/Cotta a Cabin/Cotta a Cabin/Cotta a Cabin/Cotta e Ouali of Construction Av Av Av Mobile/Addition +5 000 A e 58 22 -5 000 1890 +5 000 42 -2 500 Condition Av Su e rior -5 000 Su e rior -5 000 E ua l Above Grade Total Bdrms Baths Total Bdrms Baths Total 8dmns Baths Total Bdrms Baths Room Count 5 2 1 5 2 1 6 3 1 6 3 1 Gross Livin Area 1 165 s .tt. 972 s .ft. +1 930 1 248 s .ft. -830 1 120 s .ft. +450 Basement & Finished Rooms Below Grade Partial Crawl Space NA Crawl Space NA Full Unfinished Stora a -5 000 Crawl Space NA Functional Utili Av Av Av Av Heatin Coolin Woodstove Unknown Unknown Unknown _ Ener Efficient Items Insulation Insulation Insulation Insulation Q Gara elCa ort NA NA NA NA ~ Porch/Patio/Deck Enclosed Front Pch Deck/Porches -1 000 PatlEnc Frt/Rr Pch -1 000 Deck/Enc Porch -500 404. Fire lace Woodstove 1 FP -1 000 NA +1 000 NA +1 000 a Outbuildin Shed/Pavilion Shed +500 Shed +500 Pavilion +500 z 0 H a Q ~ Net Ad'ustment otal + - $ -9 570 + - $ -10 330 + - $ 8 950 uy Adjusted Sale Price of Cam arables Net r 14.b ' Gross 21,3 % $ 58 277 Net 18.3 GrOSS 41,3 % $ 46 185 Net. 37.4 % Gross < 62.5 % $ 32 887 Summary of Sales Comparison Approach Sales used were all reasonably similar style dwellings in the same neighborhood and subject to reasonably similar amenities. All of the sales used in this report are private sales and were recorded at $1.00. The sale prices used in this report are estimated and were derived by using the current assessment divided by the State Tax Equalization Board common level ratio of 70.6%. Adjustments were based on market extraction and/or judgment. The indicated value range on the above grid extends from $32,887 to $58,277. The indicated market value is estimated to be less than the upper end of the value range and at $45 000. After an extensive search of available data bases, all three comaarable sales used were deemed "BEST AVAILABLE" Indicated Value b Sales Com orison A roach S as o00 m R E51 D ENTIAL CopydghtJ 2007 by a la mode, inc. This Corm may be reproduced unmodified without written permission, however, a la mode, Inc, must he acknowledged and credited. Form GPRES2 - "WinTOTAL" appraisal software by a la mode. inc. -1-800-ALAMODE 3/2007 R ESIDENTIAL APPRAISAL SUMMARY R EPORT FileNo.: 12-0410 R-2 COST APPROACH TO VALUE if develo The Cost A roach was not develo ed for this a raisal. Provide ode uate information for re lication of the followin cost fi ures and calculations. Support for the opinion of site value (summary of comparable land sales or other methods far estimating site value): MarkeUDCTAO = ESTIMATED ^ REPRODUCTION OR REPLACEMENT COST NEW OPINION OF SITE VALUE _ . _ ____ ..._____ ____ __ _$ 10 000 v O Source of cost data: NA DWELLING S .Ft. @ $ __ _$ Ouali ratio from cost service: NA Effective date of cost data: NA S .Ft. @ $ _$ o: o. Comments on Cast Approach (gross living area calculations, depreciation, etc.): S .Ft. @ $ _$ Q NA S .Ft. @ $ _$ O S .Ft. @ $ _$ U _ _$ Gars a/Car ort S .Ft. @ $ _$ Total Estimate of Cost-New _$ Less Ph sical Functional External De reciaticn =$ De reciatedCostoilm rovements _____ _____._._______ _$ "As-is" Value of Site Im rovements ._...______ __. _____ _$ _$ _$ EstimatedRemainin Economic Life if re wired: Years INDICATED VALUE BY COST APPROACH ____._.._____________ =S x INCOME APPROACH TO VALUE If develo The Income A roach was not develo ed for this a raisal. Q Estimated Monthl Market Rent $ NA X Gross Rent Multi tier NA = $ Indicated Value b Income A roach S f I a ummary o ncome Approach (including support for market rent and GRM): W O U z PROJECT INFORMATION FOR PUDs If a Iicable L~ The Subject is art of a Planned Unit Develo ment. Le al Name of Pro ect: ~ Describe common elements and recreational facilities: a Indicated Value by: Sales Comparison Ap roach S 45 000 Cost A proach (i} develo ) $ ND Income A roach (If developed) $ ND Final Reconciliation The Sales Comparison Approach is deemed most reliable and given greatest weight z 0 This appraisal is made ®"as is", ^ subject to completion per plans and specifications on the basis of a Hypothetical Condition that the improvements have been v completed, ^ subject to the following repairs or alterations on the basis of a Hypothetical Condition that the repairs or alterations have been completed ^ subject to Z , the following required inspection based on the Extraordinary Assumption that the condition or deficiency does not require alteration or repair: The mapping program w cguld not exactly identify the precise location on the sales They are estimated based on parcel numbers and knowledge of the island This re ort is also subect to other H othetical Conditions and/or Extraordina Assum lions as s ecified in the attached addenda. Based on the degree of Inspection o} the subject property, as indicated below, defined Scope of Work, Statement of Asaumptlona and LlmiUng Conditions, ' and Appraiser s Certifications, my (our) Opinion of the Market Value (or other specified value type), as defined herein, of the real property that Ia the subject of this report is: S 45,000 asot: 11/03/2011 ,which le the effective date of this eppralsal. If Indicated above, this Opinion of Value Is subject to Hypothetical Conditions and/or Extraordinary Asaumptlona Included In this report. See attached addenda. A hue and complete copy of this report contains 22 pages, including exhibits which are considered an integral part of the report. This appraisal report may not be W properly understood without reference to the information contained in the complete report. ~' Attached Exhibits: Q' ®Scope of Work ~ Limiting Cond./Certifications ^ Narrative Addendum ®Photograph Addenda ~ Sketch Addendum ®Map Addenda ^ Additional Sales ®Cost Addendum ~ Flood Addendum ^ Manut. House Addendum Q H othetical Conditions ^ Exhaordina Assum lions ^ ^ ^ Client Contact: Client Name: Marv Robinson E-Mail: Address: 604 Co er Circle Carlisle PA 17015 APPRAISER SUPERVISORY APPRAISER (If required) or CO-APPRAISER (If applicable) N ~' a Appraiser Name: Dennis L. Stover Supervisory or Co-Appraiser Name: Company: Clouser Real Estate Appraisals Company: u~ Phone: (717) 737-7300 fax: (717) 730-0922 Phone: Fax: E-Mail: dstovermax~comcast.net E-Mail: Date of Report (Signature): May 14, 2012 Date of Report (Signature): License or Certification #: RL 138906 State: Pq License or Certification #: State: Designation: Designation: Expiration Date of License or Certification: O6/30I2013 Expiration Date of License or Certrfication: Inspection of Subject: ®Intedor & Exterior ^ Exterior Only ^ None Inspection of Subject: ^ Interior & Exterior ^ Exterior Only ^ None Date of Ins ection: 11/03/2011 Date of Ins ection: m RE51 D E NTIAL Copydght~ 20W by a la made, inc. ihls torm may be reproduceA unmodified without written permission, however, a la mode, inc. must be acknowledged and credited. Form (,PRFS7 - "WinTnTCI ^ annraical ~otl,.oaro h.. a is m„do ~„ ~ _cnn ni nnennr: si~nm Subject Photo Page Client Ma Robinson Pro a Address Lot # 7 Hill Island Ci Middletown Coun Dau hin State PA Zi Code 17057 Owner The Estate Of Donald Baumbach Subject Front Lot # 7, Hill Island Sales Price NA Gross Living Area 1,165 Total Rooms 5 Total Bedrooms 2 Total Bathrooms 1 Location Hilllsland View Waterfront Site 46 Acres Guality Avg Age 58 Subject Rear Subject View Form PICPIX.SR - "WinTOTAL"appraisal software by a la mode, inc. -1-800•ALAMODE Interior Photos Client Ma Robinson Pro ert Adtlress Lot # 7 Hill Island Ci Middletown Coun Dau hin State PA Zi Cade 17057 Owner The Estate Of Donald Baumbach GREAT ROOM KITCHEN KITCHEN DINING AREA BEDROOM BEDROOM BATH BATH ENCLOSED PORCH PAVILION SHED Form PICINTI5 - "WinTOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE Building Sketch Client Mary Robinson Property Address Lot # 7 Hill Island Cit~__Middletown County Dauphin State PA Zip Code 17057 Owner The Estate Of Donald Baumbach LOT #7 HILL ISLAND s ~ "o o.AEn g eEOaooM caenr AOOrn $ - eNCwseo voacH 8 ~aoa skm~n m nce: rv•- Comments: AREA CALCULATIONS SUMMARY Code Descrlptlon Net Siza Net Totals GI.Al First Ploor 1355.00 SNCIA38D PORCH -190.00 1165.00 Net LIVABLE Area (Rounded) 1165 LIVING AREA BREAKDOWN Breakdovm Subtotals First Floor 25.00 x 33.00 825.00 10.00 x 25.00 250.00 10.00 19.00 190.00 5.00 x 18.00 90.00 ENCIA3RD PORCH 10.00 x 19.00 -190.00 Sltems (Rounded) 1165 Form SKT.BIdSkI - "WinTOTAL"appraisal software by a la mode, inc. -1-800-ALAMODE Comparable Photo Page Client Ma Robinson Pro a Address Lot # 7 Hill Island Ci Middletown Coun Dau hin State PA Zi Code 17057 Owner The Estate Of Donald 8aumbach Comparable L2N, Hill Island Prox. to Subject 0.19 miles N Sale Price 67,847 Gross Living Area 972 Total Rooms 5 Total Bedrooms 2 Total Bathrooms 1 Location Hilllsland View Waterfront Site 57 Acres Quality Avg Age 22 Comparable 2 L19A, Hill Island Prox. to Subject 0.26 miles N Sale Price 56,515 Gross Living Area 1,248 Total Rooms 6 Total Bedrooms 3 Total Bathrooms 1 Location Hilllsland View Waterfront Site 2.7 Acres Quality Avg Age 1890 Comparable 3 L11E, Hill Island Prox. to Subject 0.18 miles SW Sale Price 23,937 Gross Living Area 1,120 Total Rooms 6 Total Bedrooms 3 Total Bathrooms 1 Location Hilllsland View Waterfront Site 64 Acres Quality MobilelAddition Age 42 Form PICPIX.CR - "WinTOTAL"appraisal software by a la mode, inc. -1-800-ALAMODE Location Map Client Ma Robinson Pro a Address Lot # 7 Hill Island Ci Middletown Coun Dau hin State PA Zi Code 17057 Owner The Estate Of Donald Baumbach form MAP.LOC - "WinTOTAL"appraisal software by a la mode, inc. -1-800-ALAMODE Flood Map Client Ma Robinson Pro a Address Lot # 7 Hill Island Ci Middletown Coun Dau hin State PA Zi Cotle 17057 Owner The Estate Of Donald Baumbach Form MAP.FLOOD - "WinTOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE Special Conditions File No. 12-0410 R-2 Client Ma Robinson Pra a Address Lot # 7 Hill Island Cit~_ Middletown Coun Dau hin State PA Zi Code 17057 Owner The Estate Of Donald Baumbach SPECIAL CONDITIONS ADDENDUM The following checked items are specific special conditions that were identified by the appraiser during the inspection of the subject property, the incomparable sales, and their neighborhoods and locations. 1. The subject is located in a rural area and is less than 25% built-up. The condition is typical and common for the area and DOES NOT affect the market value. 2. Commercial uses are located within the subject's neighborhood. These uses are typical of similar neighborhoods and DO NOT affect the market value. 3. Industrial uses are located within the subject's neighborhood. The presence of industrial uses, is typical for the neighborhood and DOES NOT affect the market value. _X_ 4. Vacant and underdeveloped land uses are located within the subject's neighborhood. These uses are typical for the area and DO NOT affect the market value. _X_ 5. The predominant value in the neighborhood is about the same as that of the market value of the subject property. This condition DOES NOT have an adverse affect on the market value. 6. The subject property is located in a F. I. A. Identified Flood Zone. 7. Dampness is noted in the basement of the subject. Standing or running water was not present on basement floor. _X_ 8. The subject is older than five(5) years old. All mechanical systems including the electrical and plumbing system appears upon a visual exterior inspection to be in working order. No warranties are implied in this statement. 9. The electrical system was not connected during inspection. 10. The water service was not connected during inspection. 11. The heating system was shut down during inspection. _X_ 12. Well and on site sewerage systems are common and typical to the area and have no affect on marketability. Public water and sewer are not available to the site. 13. Repair items were noted in the comments section of the report. These comments on repair items are for descriptive purposes only and are not required repairs. The repair items are cosmetic in nature and DO NOT affect the market value. 14. Subject is new construction and was 90% completed on date of inspection. Compliance and completion inspections suggested prior to settlement. 15. Should property be sold, termite and radon certifications are suggested, with appraised value based on clear results. 16. The land value exceeds 30% of total value due to the high demand for vacant land in this neighborhood. This condition is considered common and typical for the neighborhood and DOES NOT affect the market value. 17. The land value exceeds 30% of total value. This is due to the large size of the site. this condition is considered to be typical and common and DOES NOT affect there market value. _X_ 18. Individual adjustments were required that exceed 10%. These adjustments were required due to the lack of more similar comparables on that individual rating. All three comparables are the BEST AVAILABLE. _X_ 19. Total adjustments exceed 15%. This is due to the lack of comparables on that individual rating. All three comparables are the BEST AVAILABLE. _X_ 20. One or more comparable sales are older than six(6) months old. There were insufficient comparable properties in the subject area, that have sold recently, therefore, sales in excess of six (6) months old had to be used. 21. One or more of the comparables used were in excess of one(1) mile from the subject property. There were insufficient comparables in the immediate area, that have sold recently. Therefore, it was necessary to use comparable sales outside of the immediate area. All comparables used are located in similar neighborhoods and within the same marketing area. All three comparables used were the BEST AVAILABLE. 22. Roofing certification is suggested. 23. Plumbing certification is suggested. 24. Electrical certification is suggested. 25. Heating certification is suggested. 26. Flood Hazard Insurance is suggested. 27. Seller is paying part or all of closing cost. This DOES NOT affect the market value. _X 28. All comparable sales are closed sales. _X_ 29. The subject property has not transferred in the past three years.. _X_ 30. This appraisal is a Summary Report with complete data retained in appraisal file. Farm SUP - "WinTOTAL" appraisal software by a la mode, inc. -1.800•ALAMODE Qualifications Client Ma Robinson Pro a Address Lot # 7 Hill Island Ci Middletown Coun Dau hin State PA Zi Code 17057 Owner The Estate Of Donald Baumbach Dennis L. Stover, GRI, CSP PA Certified Residential Real Estate Appraiser Certification Number RL 138906 CLAUSER REAL ESTATE APPRAISALS, LLC PO Box 777 Camp Hill, PA 17001-0777 Phone (717) 737-7300 Fax (717) 730-0922 E-mail address: dstovermax@comcast.net www.clauserap~aisals. com QUALIFICATION SHEET EDUCATION: Harrisbwg Area community College Associate in Business Administration Graduate Realtor Institute GRI Designation New Home Sales Professional Course CSP Designation Institute of Real Estate Studies USPAP- March 1998 USPAP- January 2002 Basics of Residential Valuation & Sales Comparison Approach-Apri12002 Basic Income Property Valuation-January 2002 Advanced Income Property Valuation-January 2002 Residential Construction-September 2002 National USPAP-September 2003 All courses to wmplete Pennsylvania State Residential Certification- All continuing education courses to maintain carrent license PROFESSIONAL MEMBERSHIP/DESIGNATION: Pennsylvania State Certified Residential Real Estate Appraiser #RL 138906 Pennsylvania Real Estate Salesperson- License #RS 150605A National Association of Realtors® Pennsylvania Association of Realtors® Greater Harrisburg Association of Realtors® Form MAP.PLAT - "WinTOTAL" appraisal software by a la mode, inc. -1-S00-ALAMODE Qualifications Client Ma Robinson Pro a Address Lot # 7 Hill Island Ci Middletown Coun Dau hin State PA Zi Code 17057 Owner The Estate Of Donald Baumbach REAL ESTATE EXPERIENCE• 2003-Present PA State Certified Residential Real Estate Appraiser, George C. Clauser Real Estate Appraisals 2004-Present Realtor~l, Union Realty, Inc., Middletown, PA 1997-2003 Assistant to the Appraiser, George C. Clauser Real Estate Appraisals 1991-2004 Realtor, RE/MAX Realty Professionals, Harrisburg, PA 1986-1991 Realtor, The Homestead Group Realtor, Middletown/Hartisburg TYPES OF APPRAISALS COMPLETED• RESIDENTIAL- Single Family Residences, Multi-family 1-4 units, and land. Appraisal samples upon request. APPRAISALS HAVE BEEN COMPLETED FOR: Adams County National Bank Allied Home Mortgage Capital Corp. Amertchoice Federal Credit Union Centric Bank Community First Fund First National Bank First National Bank of Marysville Fulton Bank Graystone Bank Harbortown Mortgage Integrity Bank Jonestown Bank Legacy Bank M & T Bank Mellon Bank Members First Federal Credit Union Mid Penn Bank Members First Federal Credit Union Metro Bank National City Mortgage National Penn Bank Northwest Savings Bank Omega Bank Orrstown Bank Pennsylvania State Bank PNC Province Bank Prudential Relocation PSP Financial Sovereign Bank Sterling Financial Corp. Wachovia Wells Fargo Form MAP.PLAT - "WinTOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE DEFINITION OF MARKET VALUE: 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 conditions whereby: (1) buyer and seller are ,- _ typically motivated; (2) both parties are well informed or well advised, and each acting in what he considers his own best interest (3) a reasonable time is allowed far exposure in the open market; (4) payment is made in terms of cash in U.S. dollars or in terms of financial arrangements comparable thereto; and (5) the price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions' granted by anyone associated with the sale. Adjustments to the comparables must be made for special or creative financing or sales concessions. No adjustments are 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 far 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 judgement. STATEMENT OF LIMITING CONDITIONS AND APPRAISER'S CERTIFICATION CONTINGENT AND LIMITING CONDITIONS: The appraiser's cert'rfication that appears in the appraisal report is subject to the fallowing 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. The appraiser assumes that the title is good and marketable and, therefore, will not render any opinions about the title. The property is appraised on the basis of it being under responsible ownership. 2. The appraiser has provided a sketch in the appraisal report to show approximate dimensions of the improvements and the sketch is included only to assist the reader of the report 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 the appraisal report whether 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, regarding 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. 5. The appraiser has estimated the value of the land in the cost approach at its highest and best use and the improvements at their contributory value. These separate valuations of the land and improvements must not be used in conjunction with any other appraisal and are invalid if they are so used. 6. The appraiser has noted in the appraisal report any adverse conditions (such as, needed repairs, depreciation, 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 normal research involved in performing the appraisal. Unless otherwise stated in the appraisal report, the appraiser has no knowledge of any hidden or unapparent conditions of the property or adverse environmental conditions (including the presence of hazardous wastes, toxic substances, etc.) that would make the property more or less valuable, and has assumed that there are no such conditions and makes no guarantees or warranties, express or implied, regarding the condition of the property. 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, the appraisal report must not be considered as an environmental assessment of the property. 7. The appraiser obtained the information, estimates, and opinions that were expressed in the appraisal report from sources that he or she considers to 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 Uniform 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 pertormed in a workmanlike manner. 10. The appraiser must provide his or her prior written consent before the lender/client specified in the appraisal report can distribute the appraisal report (including conclusions about 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 its successors and assigns; the mortgage insurer; consultants; professional appraisal organizations; any state or federally approved financial institution; or any department, agency, or instrumentality of the United States or any state or the District of Columbia; except that the Ienderlclient may distribute the property description section of the report only to data collection or reporting service(s) without having to obtain the appraiser's prior written consent. The appraiser's written consent and approval must also be obtained before the appraisal can be conveyed by anyone to the public through advertising, public relations, news, sales, or other media. Freddie Mac Form 439 6-93 Page 1 of 2 Fannie Mae Form 10048 6-93 GEORGECLAUSER Form ACR - "WinTOTAL"appraisal software by a la mode, inc. -1-800-ALAMODE APPRAISER'S CERTIFICATION: The Appraiser certifies and agrees that: 1. I have researched the subject market area and have selected a minimum of three recent sales of properties most similar and proximate to the subject property for consideration in the sales comparison analysis and have made a dollar adjustment when appropriate to reflect the market reaction to those items of significant variation. If a significant item in a comparable property is superior to, or mare favorable than, the subject property, I have made a negative adjustment to reduce the adjusted sales price of the comparable and, if a significant item in a comparable property is inferior to, or less favorable than the subject property, I have made a positive adjustment 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 of the estimate of market value in the appraisal report. I have not knowingly withheld any significant information from the appraisal report and I believe, to the best of my knowledge, that all statements and information in the appraisal report are true and correct. 3. I stated in the appraisal report only my own personal, unbiased, and professional 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 with respect to the participants in the transaction. I did not base, either partially or completely, my analysis and/or the estimate of market value in the appraisal report on the race, color, religion, sex, 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 property. 5. I have no present or contemplated future interest in the subject property, and neither my current or future employment nor my compensation for performing this appraisal is contingent on the appraised value of the property. 6. I was not required to report a predetermined value or direction in value that favors the cause of the client or any related party, the amount of the value estimate, the attainment of a specific result, or the occurrence of a subsequent event in order to receive my compensation and/or employment for performing the appraisal. I did not base the appraisal report on a requested minimum valuation, a specific valuation, or the need to approve a specific mortgage loan. 7. I performed this appraisal in conformity with the Uniform Standards of Professional Appraisal Practice that were adapted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place as of the effective date of this appraisal, with the exception of the departure provision of those Standards, which does not apply. I acknowledge that an estimate of a reasonable time for exposure in the open market is a condition in the definition of market value and the estimate I developed is consistent with the marketing time noted in the neighborhood section of this report, unless I have otherwise stated in the reconciliation section. 8. I have personally inspected the interior and exterior areas of the subject property and the exterior of all properties listed as comparables in the appraisal report. I further certify that I have noted any apparent or known adverse conditions in the subject improvements, on the subject site, or on any site within the immediate vicinity of the subject property of which I am aware and have made adjustments for these adverse conditions in my analysis of the property value to the extent that I had market evidence to support them. I have also commented about the effect of the adverse conditions on the marketability of the subject property. 9. I personally prepared all conclusions and opinions about the real estate that were set forth in the appraisal report. If I relied on significant professional assistance from any individual or individuals in the performance of the appraisal or the preparation of the appraisal report, I have named such individual(s) and disclosed the specific tasks performed by them in the reconciliation section of this appraisal report. I certify that any individual so named is qualified to perform the tasks. I have not authorized anyone to make a change to any item in the report; therefore, if an unauthorized change is made to the appraisal report, I will take no responsibility for it. SUPERVISORY APPRAISER'S CERTIFICATION: If a supervisory appraiser signed the appraisal report, he or she certifies and agrees that: I directly supervise the appraiser who prepared the appraisal report, have reviewed the appraisal report, agree with the statements and conclusions of the appraiser, agree to be bound by the appraiser's certifications numbered 4 through 7 above, and am taking full responsibility for the appraisal and the appraisal report. ADDRESS OF PROPERTY APPRAISED: Lot # 7 Hill Island Middletown PA 17057 APPRAISER: SUPERVISORY APPRAISER (only If required): Signature: ~ ~ ~ Signature: Name: Dennis L. Stover Name: Date Signed: May 14 2012 Date Signed: State Certification #: RL 138906 State Certification #: - or State License # or State License #: State: PA State: Expiration Date of Certification or License: 06/30/2013 Expiration Date of Certification or License: ~] Did ~-I Did Not Inspect Property Freddie Mac Form 439 6-93 Page 2 of 2 Fannie Mae Form 10048 6-93 Form ACR - "WinTOTAL" appraisal software by a la mode, inc. -1-800-ALAMODE Cinnatura Cnmeliance raa Nn 19-naln R-2 Client.____. Mary Robinson _ __ --- - _Pro er Address Lot # 7 Hill Island _ City -Middletown County Dauphin State PA Zip Code 17057 Owner The Estate Of Donald Baumbach ELECTRONIC SIGNATURE COMPLIANCE Wintotal and Project 2000 are fully ASB (Appraisal Standards Board) compliant in their security. The signatures on this report have not been altered in any way and the digital signatures are to be considered as original. Form SUP - "WinTOTAL" appraisal software by a la mode, inc. -1-S00-ALAMODE Certificate Client Ma Robinson Pro a Address Lot # 7 Hill Island Ci Middletown Coun Dau hin State PA Zi Code 17057 Owner The Estate Of Donald Baumbach ' t. ., ~ 1~ O6~~J7~~ Commonwealth of Pennsylvania " " '' ~ Depa~t~ent~pf'State. ; ., - . ih`~af~~lih~~~ti~ational Aii'f~irs _~ ° Bureau of Pro ,, PO Bo ~' ~'XIarrisburg PA``I`'7105-2649 ` ~ ' k + a ~ ...~6 . Certiflcate:Type ~ ;~~ ~• ~'~ _ ~ Certificate Statas Certffied Residential Apprais ~ -~ ' ~,s=, a ~ ~ '' i~' er ~ ~ -. ~ - , ~ Active '!'~}~`~--•-.--. :~~~~; ~ 4 D Initial ~erRiflcatiq `Date *~,~.. :_ ` " r ~'S~`, q 1.1/2612003"'x' DENNIS L STOVER Certificate: 62S:ADELIA SL M~DbtETOWN ~A 17057 1Vumbes. ~ ` .' RL138908` Expiration Datti ¢; 06/3012013: k J ~ ,, ~ ~. ,> .,," ~. ,, ; Form MAP.PLAT - "WinTOTAL" appraisal software by a la mode, inc. -1-800•ALAMODE ;. • ~ ;~ ~~ 1-300-773-7373 r:e cr,il us anvnrne for ~ncvers to y.ur .:~:cions, itcruntinformatien,au:entrates ., ., ,...:ate Your acdross ~ phone nilmter. :~~c~e Goal -ccount 5taternent ~~ ? F '~~~ginning October 27, 7.011 htouyh November 25, 2011 Checking >UMMARY 3alance Calculation ?a(ance Previous Balance %'1,211.59 .Average Daily Balance 8,239.28 checks ~i,J99.ii9 - rnterest 'rthdrawals 15,904.72 - Deposits & Additions 1,92.82 ~ r accent Interest Rate • ~ ~"~ ;lnnual Percentage Yieid Eamed •.~54a interest Paid • J4 ~ Dumber of Days Interest Eamed 0 Current Balance 700.34 = ~~ Interest Eamed • Interest Paid this Vear 5 • IS TRANSACTION DETAILS Checks` There is a break in check sequence Check i< 6 Amount 76 70 Date 10/27 Check p Amount 551 4,865.00 Date l~/31 54 5r+g* . 1,500.00 10/31 552 253.93 11/01 550* 110.00 , 11/01 'Nithdrawals Other Withdrawals Date Amount 11/01 15.16 11j O8 83.25 11/10 1.5,806.35 Description Met-Ed Bill Pymt 111031 (-heck # 0000000553 State Farm Ro 27 Sfpp 111108 t3 5 0377113113 V~Jithdrawal ieposits & Additions Date :lmount Description 11/01 1,Ei92.82 US Treasury 312 Xxciv Serv 110111 A 2725346 0 CSA *nterest gate Amount Description 11/2.5 .34 Interest ?.wily k3alance Date J,alance Date aalance Date valance 10/27 21,1!+0.83 it/O1 6,089.56 11/10 700.00 10/31 '14,775.83 11/08 16,0 11/25 200.34 NEWS FROM CITIZENS --Give help. Give hope. Be inspired. Please join us in saluting our new Champion in Action at citizensbank.com/community. --4'Je all have savings goals. ~'Jhether iYs a new home, a child's education, retirement or bring prepared for unexpected expenses, Citizens Bank makes it easy and rewarding fnr you to ,tart saving. Creating an emergency savings account can prepare you for unexpected events and heelp you reach your savings goals. No matter what you're saving for, we have a great savings CONALD b'J BAUMBACH SR circle Gold Checking w/Interest ~XXXXXX096-2 previous Balance 21,211.59 /\ Total Checks ~ 6,199.69 ~/', Total withdrawals 15,904.72 Total Deposits a Additions 1,692.82 ,+~ T,~tal Interest Paid s ~ • ~, .;~ r", ,-< crept Balan \ ~~~ monr F fIIC ~~ F.~l~~el Hn~i .ink I ender ~ ~ ~ ~ ` „b ~ ,.~~ ,~ ,. NEWS C MBERLAND FEDERAL CREDIT UNION your Community Credit Zlnion CO. Box 658 • New Cumberland, PA 17070 • www.ncfcuonlinc.org (717) 774-7706 .1800) 71G-2328 • Fu: (717) 774-7996 132 1 AV 0.340 STATEMENT OF ACCOUNT ~nl~~~ur~~~nnll~~nl~~ll~~~~nl~~~ll~r~u~ul~~~~nln~l~~ DONALD W BAUMBACH 3410 WALNUT STREET CAMP HILL PA 17011-2744 1 SPREAD THE NEWS-GREAT RATES! 2.50% 5 YR CAR 2008-2011 6.90% VISA FREE BAL TRANSFER 3.99% HOME EQUITY TO 10 YR FIRST MORTGAGES AVAILABLE Joint Owners 067995 SOCIAL SECURITY N STATEMENT PERIOC won.. . TO TRANSACTION DATE EFFECTNE DATE DESCRIPTION AMOUNT FINANC CHARG E E FEES/ FINES BALANCE 108 6 1001 PREVIOUS BALANCE Sl-PRIMARY SHARES ~~ ~'c 4li F 108 A 1031 DIVIDEND 2 - ~ THE ANNUAL PERCENTAGE YIELD EARNED IS 0.2 108 0 1130 DIVIDEND 2 THE ANNUAL PERCENTAGE YIELD EARNED IS 0.2 152 8 1230 SHARE LIFE INSURANCE 43 ~ 152 0 1231 DIVIDEND 2 THE ANNUAL PERCENTAGE YIELD EARNED IS 0.2 152 0 '1231 NEW BALANCE DIVIDEND IS CALCULATE USING A DAILY BALANCE METHOD. 1001 PREVIOUS BALANCE L2 2ND MTG-15 YRS <<~~~ ~, 18539 18385 9 6 1031 RECEIVED BY MAIL PAYMENT -154 3 99 30 = -I~gr31 3 1206 PAYMENT -253 -253 3 3 17877 0 1228 1231 PAYMENT NEW BALANCE-PERIODIC RATE. .000000% 17877 0 » ANNUAL PERCENTAGE RATE 0.000% « OVERDRAFT AND RETURNED ITEM FE S SUMM R ------ - TOTAL FOR I TO AL I THIS PERIOD I I--- - - YEAR -- -T -- O-DA ---- E - ------ - __ ___ TOTAL _____ OVER _______ __ -----I-------------o-------- RAFT FEES I S .00 - I I $ s 0.0 0.0 TOTAL RETU NED ITEM FEES I s 0.00 TOTAL DIVIDEND YEAR-TO-DATE TOTAL FINANCE CHARGE YEAR-TO-DATE for all savings except IRA savings. for atl loans Dividends shown, if over $10, will be reported ~ • 2 4 _ _ _____'~ ~ 4 . to the Internal Revenue Service for this _ calendar year. ' INDICATESEFFECTIVEDATE NOTICE: See reverse side for important information of3oo13~