HomeMy WebLinkAbout03-01-13 (3)i
t 1
1505610143
REV-1500 EX (01-10)
OFFICIAL USE ONLY
PA Department of Revenue pennsylvania councy code Year File Number
Bureau of Individual Taxes oEPaRTMENT OF REVENUE
PO 60X.280601 INHERITANCE TAX RETURN 21 12 0694
Harrisburg, PA 17128-0601 RESIDENT DECEDENT
ENTER DECEDENT INFORMATION BELOW
Social Security Number Date of Death Date of Birth
199 05 8454 06 08 2012 O1 19 1919
Decedent's Last Name Suffix Decedent's First Name MI
BORTNER MARJORIE J
(If Applicable) Enter Surviving Spouse's Information Below
Spouse's Last Name Suffix Spouse's First Name MI
Spouse's Social Security Number
THIS RETURN MUST BE FILED IN DUPLICATE WITH THE
REGISTER OF WILLS
FILL IN APPROPRIATE OVALS BELOW
0 1. Original Return ~ 2. Supplemental Return
4. Limited Estate ~ 4a. Future Interest Compromise
(date of death after 12-12-82)
6 Decedent Died Testate ~ ~• (Alta ch Copy Hof T~ust)a Living Trust
(Attach Copy of Will)
9. Litigation Proceeds Received ~ 10. betcwueen12 31 ~Crae dit~datge5~f death
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 SHOULD BE DIRECTED TO:
Name Daytime Telephone Number
MARK A MATEYA 717 2 41 6 ~0 0 „~
First line of address
55 W CHURCH AVENUE
Second line of address
City or Post Office
CARLISLE
State ZIP Code
PA 17013
C rr
RR W ~R OF VI~S US'L f~ILY
~~.r~- ~m
~~~
~ t--~ ~
~
~ O'ff''
~ ~ ~ •`~ -rt 'n
~~
~ „~ -~ n
'D ~ DATE D
...-.-. ~ C3
Correspondent's a-mail address: mam@mateyalaw.com
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief,
it is true, correct and complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge.
SIGNATURE PERSON RESPO SIBL R FILING RETURN DATE
~,~ ~~ ~, ~ Karen B Rogan a'~ -~~ - l ~
ADDRESS
27 South Seward Street York PA 17404
SIGNATURE F PREPARE OT ER T N REPRE DATE
_ Mark A. Mateya
ADDRESS
55 W. Church Avenue, Carlisle, PA
Side 1
1505610143 1505610143
REV-1500 EX
Decedent's Name: BOrtner, Marjorie J
Decedent's Social Security Number
199 05 8454
RECAPITULATION
1. Real Estate (Schedule A) ....................................................................................... 1. 12 0, 0 0 0. 0 0
2. Stocks and Bonds (Schedule B) ............................................................................. 2. 58 6.32
3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C)......... 3.
4. Mortgages & Notes Receivable (Schedule D) ........................................................ 4.
5• Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) ............... 5. 3 7 , 2 4 3 . 8 5
6. Jointly Owned Property (Schedule F) ^ Separate Billing Requested............ 6.
7. Inter-Vivos Transfers & Miscellaneous I~oq Probate Property
(Schedule G) ^ Separate Billing Requested............
7.
14 8 , 5 67.0 7
8. Total Gross Assets (total Lines 1-7) ..................................................................... 8. 3 0 6, 3 9 7 . 2 4
9. Funeral Expenses & Administrative Costs (Schedule H) ..:.................................... 9. 2 7 , 2 6 9.14
10. Debts of Decedent, Mortgage Liabilities, 8~ Liens (Schedule I) .............................. 10. 3 , 7 67.30
11. Total Deductions (total Lines 9 & 10) ................................................................... 11. 31 , 0 3 6 . 4 4
12. Net Value of Estate (Line 8 minus Line 11) .......................................................... 12. 2 7 5 , 3 6 0. 8 0
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 7 5 , 3 60.8 0
TAX COMPUTATION -SEE INSTRUCTIONS FOR APPLICABLE RATES
15. Amount of Line 14 taxable
at the spousal tax rate, or
transfers under Sec. 9116 15.
(a)(1.2) X .00
16. Amount of Line 14 taxable 2 7 5, 3 6 0. 8 0 16.
at lineal rate X .045
17. Amount of Line 14 taxable
0 . 0 0
17.
at sibling rate X .12
18. Amount of Line 14 taxable
0 . 0 0
18.
at collateral rate X .15
19. Tax Due ......................................................... ........................................................ . 19.
20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT.
1505610243
0.00
12,391.24
0.00
0.00
12,391.24
Side 2
L 1505610243 1505610243 J
REV-1500 EX Page 3
1'larrprla~nt'c Cmm~lpte Address:
File Number 21-12-0694
~~~~~._--- - -----r---- - ----- - - -
DECEDENT'S NAME
Bonner, Marjorie J
STREET ADDRESS
106 Fourth Street
CITY
Boiling Springs STATE
PA ZIP
17007
Tax Payments and Credits:
1. Tax Due (Page 2, Line 19)
2. Credits/Payments
A. Prior Payments
B. Discount
3. Interest
1,790.00
94.21
4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT.
Check box on Page 2 Line 20 to request a refund
5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE.
(1)
Total Credits (A + B) (2)
(3)
(4)
(5)
12,391.24
1,884.21
10,507.03
Make Check Pa able to: REGISTER OF WILLS, AGENT.
PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS
Did decedent make a transfer and: Yes No
a. retain the use or income of the property transferred :............................................................................... ^
b. retain the right to designate who shall use the property transferred or its income :.................................. ^
c. retain a reversionary interest; or ............................................................................................................... ^ ^x
d. receive the promise for life of either payments, benefits or care? ............................................................ ^ ^x
If death occurred after December 12, 1982, did decedent transfer property within one year of death without ^ ^
receiving adequate consideration? .................................................................................................................. .
~ n
For dates of death on or after July 1, 2000:
• The tax rate imposed on the net value of transfers from a deceased child 21 years of age or younger at death to or for the use of a natural parent, an
adoptive parent, or a stepparent of the child is 0 percent [72 P.S. §9116 (a) (1.2)].
. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5 percent, except as noted in
72 P.S. §9116 1.2) [72 P.S. §9116 (a) (1)].
. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12 percent [72 P.S. §9116 (a) (1.3)]. A
sibling is defined under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption.
Rev-1502 EX+ (11-08)
,.
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE A
REAL ESTATE
ESTATE OF
FILE NUMBER
Bortner, Marjorie J ~ 21-12-0694
All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property would be
exchanged between a wllling buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts.
Real property which is jointly-owned with right of survivorship must be disclosed on schedule F.
Attach a copy of the settlement sheet if the property has been sold
Include a copy of the deed showing decedents interest if owned as tenant in common.
ITEM VALUE AT DATE
NUMBER DESCRIPTION OF DEATH
1 Real Estate -106 Fourth Street, South Middleton Township, Boiling Springs, PA -See 115,000.00
Attached Settlement Sheet
2 Real Estate -Vacant lot in Boiling Springs, Cumberland County, PA - Parcel No. 40-30-2659 5,000.00
-055
TOTAL (Also enter on Line 1, Recapitulation) I 120,000.00
(If more space is needed, additional pages of the same size)
Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule A (Rev. 11-08)
Rev-1503 EX+ (6-98)
SCHEDULE B
STOCKS & BONDS
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
Bortner, Marjorie J _ 21-12-0694
All property jointly-owned with right of survivorship must be disclosed on Schedule F.
ITEM
NUMBER CUSIP
NUMBER
DESCRIPTION
UNIT VALUE VALUE AT DATE
OF DEATH
1 19 shares of Met Life -Proceeds from sale of stocks CUSIP 30.8590000 586.32
no. 59156R10
TOTAL (Also enter on Line 2, Recapitulation) 586.32
(If more space is needed, additional pages of the same size)
Copyright (c) 2002 form software only The Lackner Group, Inc.
Form PA-1500 Schedule B (Rev. 6-98)
Rev-1508 EX+ (6-98)
,.
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE E
CASH, BANK DEPOSITS, & MISC.
PERSONAL PROPERTY
ESTATE OF FILE NUMBER
Bortner, Marjorie J 21-12-0694
Include the proceeds of litigation and the date the proceeds were received by the estate.
All property jointly-owned with the right of survivorship must be disclosed on schedule F.
ITEM
NUMBER
DESCRIPTION VALUE AT DATE
OF DEATH
1 Russell Yinger -Payment for 7/12 mortgage contract 834.91
2 Russell Yinger -Payment for 7112 mortgage contract 834.91
3 Russell Yinger -Payment for 9112 mortgage contract 834.91
4 Russell Yinger -Payment for 10112 mortgage contract 834.91
5 Russell Yinger -Payment for 11/12 mortgage contract 834.91
6 Russell Yinger -Payment for 12112 mortgage contract 834.91
7 Metro Bank -Transfer of funds from Metro Bank to Citizens Bank -Decedent's funds 26,000.00
8 Auer Cremation Services of PA, Inc. -Pre-Payment of funeral/cremation services 1,744.20
9 CNA -Refund -Check No. 400725908 4,340.00
10 York Hospital -Refund for duplicate payment on Invoice No. E2911279 150.19
TOTAL (Also enter on Line 5, Recapitulation) I 37,243.85
(If more space is needed, additional pages of the same size)
Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule E (Rev. 6-98)
Rev-1510 EX+ (6-98)
SCHEDULE G
INTER-VIVOS TRANSFERS &
MISC. NON-PROBATE PROPERTY
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
Bortner, Marjorie J 21-12-0694
This schedule must be completed and filed if the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes.
ITEM
NUMBER DESCRIPTION OF PROPERTY
THE DATE OF TROANSFERSATTACIi A CO Y OF TIRE DEIED OR REAL ESTATE. DATE OF DEATH
VALUE OF ASSET °~ OF DECD'S
INTEREST EXCLUSION
(IF APPLICABLE) TAXABLE
VALUE
1 Transamerica Life Insurance Co -IRA -Policy No. 55,754.13 100.000% 55,754.13
02CBT129982
2 Kate Rogan -Transfer of asset prior to date of death 92,812.94 100.000% 92,812.94
without adequate consideration -See attached list
TOTAL (Also enter on Line 7, Recapitulation) I 148,567.07
(If more space is needed, additional pages of the same size)
Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule G (Rev. 6-98)
REV-1151 EX+ (10-06)
,.
COMM~NWEALT ~F PENN YLVANIA
IN E131TAN~E ~ RET RN
RE~sIDEN DE EDEN
SCHEDULE H
FUNERAL EXPENSES &
ADMINISTRATIVE COSTS
ESTATE OF FILE NUMBER
Bonner, Marjorie J 21-12-0694
Debts of decedent must be reported on Schedule I.
ITEM DESCRIPTION AMOUNT
N MB R
A, FUNERAL EXPENSES:
See continuation schedule(s) attached
B. ADMINISTRATIVE COSTS:
1. Personal Representative's Commissions
Name of Personal Representative(s)
Karen B Rogan
Street Address 27 South Seward Street
City York State PA zip 17404
Yearlsl Commission raid
2. Attorney's Fees Mark A. Mateya
3, Family Exemption: (If decedent's address is not the same as claimant's, attach explanation)
Claimant
Street Address
City State Zip
Relationship of Claimant to Decedent
4. I Probate Fees
5. Accountant's Fees
6. Tax Return Preparer's Fees
2,438.86
12,195.00
10,300.00
277.50
7. Other Administrative Costs 2,057.78
See continuation schedule(s) attached
TOTAL (Also enter on line 9, Recapitulation) 27,269.14
Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 10-06)
SCHEDULE H
FUNERAL EXPENSES AND ADMINISTRATIVE COSTS
continued
ESTATE OF FILE NUMBER
Bortner, Marjorie J 21-12-0694
ITEM
NUMBER DESCRIPTION AMOUNT
j=uneral Ex ep nses
1 Auer Cremation Services of PA Inc. -Funeral/Cremation expenses 2,263.86
2 Weaver Memorials -Inscription on memorial marker 175.00
H-A 2,438.86
Other Administrative Costs
3 Country Meadows at Home -Final Assisted Living Expense -Account No. 02176 432.00
4 Cumberland County Register of Wills -Filing fee for Inheritance Tax Return Sz Inventory 30.00
5 Cumberland Law Journal -Legal Advertisement for Estate 75.00
6 Mateya Law Firm -Deed Prep for sale of real estate 150.00
7 Robert Cairns, Tax Collector -Tax Certification Fee for sale of real estate 10.00
8 State Tax on sale of real estate 1,150.00
9 The Sentinel -Legal Advertisement of Estate 210.78
H-B7 2,057.78
Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98)
,Rev-1512 EX+ (12-08)
SCHEDULE 1
DEBTS OF DECEDENT,
MORTGAGE LIABILITIES, & LIENS
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
Bortner, Marjorie J 21-12-0694
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 Alpha Diagnostics LLC -Medical bill for last illness; Account No. 106211 194.69
2 Diamond Pharmacy -Prescription medication 33.76
3 Diamond Pharmacy -Prescription medications Account No. 48249 33.76
4 Robert C. Cairns -Tax Collector -School Real Estate Tax on property located at 106 Fourth 1,321.52
Street, Boiling Springs PA -Acct No. 546
5 South Middleton Township Municipal Authority -Water Service at 106 Fourth Street, Boiling 127.32
Springs -Acct No. 001058
6 South Middleton Township Municipal Authority -Water Service at 106 Fourth Street, Boiling 122.32
Springs -Acct No. 001058
7 South Middleton Township Municipal Authority -Water Service at 106 Fourth Street, Boiling 119.82
Springs --Acct No. 001058; Service from 10/01/12 -12131/12
8 Wellspan Health/York Hospital -Medical services Account No. 305340911 150.19
9 Wellspan Medical Group -Medical expense Account No. 3000897434 34.79
10 West York Ambulance -Ambulance Service -Account No. 12-151258 1,415.00
11 White Rose Ambulance -Ambulance transport services -Account No. PAT087528 47.25
12 York Hospital -Medical bills for last illness -Account No. 305340911 166.88
TOTAL (Also enter on Line 10, Recapitulation) I 3,767.30
(If more space is needed, additional pages of the same size)
Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule I (Rev. 12-08)
REV-1513 EX+ (11-08)
SCHEDULE J
COMMNHEWRRI AN E TFq ~PP RET RNANIA BENEFICIARIES
RESIDEN~ DECEDEN~
ESTATE OF FILE NUMBER
Bortner, Mar'orie J ~ 21-12-06 94
NAME AND ADDRESS OF RELATIONSHIP TO SHARE OF ESTATE AMOUNT OF ESTATE
NUMBER PERSONISI RECEIVING PROPERTY DECEDENT
D i to (Words) ($$$)
I TAXABLE DISTRIBUTIONS [include outright spousal
• distributions, and transfers
under Sec. 9116 a 1.2
Karen B Rogan Child 183,572.03
27 South Seward Street
York, PA 17404
Cynthia A Swartz Child 91,786.02
1937 White Street
York, PA 17404
Total 275,358.05
Enter dollar amounts for distributions shown above on lines 15 throu h 18 on Rev 15 00 cover sheet, as a ro riate.
NON-TAXABLE DISTRIBUTIONS:
II. A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN
B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS
TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER 511tt i I
Copyright (c) 2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule J (Rev. 11-08)
~:~CO~~~~ ~~~~~ OF:
?~I ~ JUN 2 ! P~ 2= 4
{{ r
Ot~P~N`~ Ct~t
CI~BER~D GO., PA
LAST WILL AND TESTAMENT
(Pour-Over Will)
OF
MARJORIE S. BORTNER
IDENTITY
I, MARJORIE S. BORTNER, residing in the County of Cumberland, Commonwealth of
Pennsylvania, being of sound mind and memory, and not acting under duress or undue influence of any
person whomsoever, hereby declare this to be my Last Will and Testament, and I do hereby revoke all other
former Wills and Codicils to Wills heretofore made by me. My Social Security Number is 199-OS-8454.
All reference made herein to "spouse or my spouse" refers to the person to whom I am currently
married, namely, IVAN A. BORTNER. By the ensuing provisions of this Will, it is my intention to dispose
of my interest in our property; I do not intend to dispose of anything belonging to my husband or to put him
to any election.
I have the following children: KAREN B. ROGAN born .March 3, 1941 and currently residing in
Ardmore, PA; and CYNTHIA A. SWARTZ born July 9, 1943 -and currently residing in York, PA.
DEBTS, TAXES AND ADMINISTRATION EXPENSES
I have provided for the payment of all my debts, expenses of administration of property wherever
situated passing under this Will or otherwise, and estate, inheritance, transfer, and succession taxes, othedr
than any tax on ageneration-skipping transfer that is not a liability of my Estate (including interest an
penalties, if any) that become due by reason of my death, under THE IVAN A. BORTNER AND
MARJORIE S. BORTNER REVOCABLE LIVING TRUST executed on even date herewith (the "Revocable
Trust"), or if my spouse predeceases me, under the Survivor's Trust created by the said Revocable Trust.
If the Revocable Trust assets should be insufficient for these purposes, my Executor shall pay any unpaid
items from the residue of my Estate passing under this Will, without any apportionment or reimbursement.
In the alternative, my Executor may demand in a writing addressed to the Trustee of the Trust an amount
necessary to pay all or part of these items, plus claims, pecuniary legacies, and family allowances by court
order.
PERSONAL AND HOUSEHOLD EFFECTS
It is my intent that all my personal and household effects were transferred to the Revocable Trust
as a result of the Declaration of Intent signed this date. If there are any questions regarding the ownership
or disposition of these assets, it is my desire that such assets pour into the Revocable Trust, signed by me this
date in accordance with the provisions of the section titled Residue of Estate.
POUR-OVER WILLS
Page 1 (Testator/Testatrix)
::
~
_
RESIDUE OF ESTATE
vise and be ueath all the rest, residue and remainder of my property of every kind and
I give, de q
description (including lapsed legacies and devices), wherever situated and whether acquired befdate of the
the execution of this•Will, to the Trustee under that certain Trust executed by me on the same
execution of this Will. The Trustee shall add the property bequeathed and devised by this item to the corpus
of the above described Trust and shall hold, administer and distribute said property in accordance with the
provisions of the said Trust, including any amendments thereto made before my death.
If for any reason the said Trust shall not be in existence at the time of death, or if for any reason a
court of competent jurisdiction shall declare the foregoing testamentary disposition to the Trustee under said
Trust as it exists at the time of my death to be invalid, then I give all of my Estate including the residue and
remainder thereof to that person who would have been the Trustee under the Trust, as Trustee, and to their
' tes and successors under the Trust, described herein above, to be held, managed, invested, reinvested
substrtu
and distributed by the Trustee upon the terms and conditions pertaining to the period begmn~ng with the date
of m death as are constituted in the Trust as at present constituted giving effect to amendments, if any,
y
hereafter made and for that purpose I do hereby incorporate such Trust by reference into this my Wil .
EXECUTOR
I hereby nominate and appoint TVAN A. BORTNER as my Independent Executor of this, my Last
Will and Testament, to serve without bond.
In the event the first named Executor shall predecease me or is unable or unwilling to act as my
Executor for any reasons whatsoever, then and in that event, I hereby nominate and appoint KAREN B.
ROGAN to serve without bond as my Independent Executor.
In the event the second named Executor shall predecease me or is unable or unwilling to act as my
Executor for any reasons whatsoever, then and in that event, i hereby nominate and appoint CYNTHIA A.
SWARTZ to serve without bond as my Independent Executor.
In the event the third named Executor shall predecease me or is unable or unwiloi ng t1V1.AcI1REEN
Executor for any reasons whatsoever, then and in that event, I hereby nominate and app
PEER to serve without bond as my Independent Executor.
Whenever the word "Executor" or any modifying or substituted pronoun therefore)ar and the lural,
Will, such words and respective pronouns shall be held and taken to include both the smgu p
the masculine feminine and neuter gender thereof, and shall apply equally to the Executor name a utor shal
to any successor to substitute Executor acting hereunder, and such successor or substitute Ex
ossess all the ri hts, powers, duties, authority, and responsibility conferred upon the Executor originally
P g
named herein.
EXECUTOR POWERS
B way of Illustration and not of limitation and in addition to any inherent, i veered with rest ect
y Executor is s ecifically authorized and empo P
powers granted to executors generally, my P y rovision of this m Will: to allot, allocate
to any property, real or personal, at any tune held under an p Y
pOUR OVER WILLS (Testator/Testatrix)
Page
w
. between rincipal and income, assign, borrow, buy, care for, collect, compromise claims, contract with
P
respect to, continue any business of mine, convert, deal with, dispose of, enter into, exchange, hold, improve,
an business of mine, invest, lease, manage, mortgage, grant and exercise options with respect
incorporate y
to, take ossession of, pledge, receive, release, repair, sell, sue for, make distributions in cash or m kind o
P
artly in each without regard to the income tax basis of such asset and in general, exercise all oft a powers
P
in the management of my Estate which any individual could exercise in the management of simi ar prope
owned in its own right upon such terms and conditions as to my Executor may seem best, and exe to c and
deliver any and all instruments and do all acts which my Executor may deem proper or necessary any
out the ose of this my Will, without being limited in any way by the specific grants or power made, and
P~
without the necessity of a court order.
M .Executor shall have absolute discretion, but shall not be required, to make adjus o se uencles
Y q
rights of any Beneficiaries, or among the principal and income accounts to compensate for e c
that my Executor believes
of any tax decision or election, or of any investment or administrative decision,
has had the effect, directly or indirectly, of preferring one Beneficiary or group of Beneficiari ave discret on
Executor shall h
In determining the Federal Estate and Income Tax liabilities of my Estate, my
to select the valuation date and to determine whether any or all of the allowable administratioandshail have
my Estate shall be used as Federal Estate Tax deductions or as Federal Income Tax deductions
the discretion to file a joint income tax return with my spouse.
SPECIFIC ONIISSIONS
~I have intentionally omitted any and all persons and entities from this, my Last W hallen a an term
except those persons and entities specifically named herein. If any person or ec t in the sections `Household
or condition of this Will, or of the Living Trust to which I have made referen
rsonal Effects" and "Residue of Estate," then, to that person or entity, I give and bequeath the ch that
and Pe
only one dollar ($1.00) only in lieu and in place of any other benefit, grant, bequest or interest w
person or interest may have in my Estate or the Living Trust and rts Estate..
SIMULTANEOUS DEATH
If rn souse and I should die under circumstances such that the order of our d se surviv ed mee
y p ose of this Wlll that my spou
determined, then it shall be conclusively presumed for the pure
then it shall be conclusively
If any other Beneficiary should not survive me for sixty (60) days,
presumed for the purpose of this my Will that said Beneficiary predeceased me.
MARJ S. BORTNER
Testatrix
pOUR-OVER WILLS (Testator/Testatrix)
Page 3
This instrument consists of 5 typewritten pages, including the Attestation Clause, Se1Tf-n of each
Clause, signature of Witnesses, and acknowledgment of officer. I have signed my name at the ~ da of
of th c pages. T is instrument is being signed by me on this Y
~ ~~
~~ ,
ATTESTATION CLAUSE
the undersigned, that the foregoing
The Testatrix whose name appears above ee uestedt s to act as witnesses to such instrument and
instrument was her Last Will and Testament, and she r q
her si nature thereon. The Testatrix thereupon signed such instrument in our presence. At three resence
to g
request, the undersigned then subscribed our names to the instrument in our u mat we believe the Testatrix
of the Testatrix. The undersigned hereby declare, in the presence of each of ,
to be of sound and disposing mind and memory.
Si ed b us on the same day and year as this Last Will and Testament was signed by the Testatrix.
~ Y
WITNESSES:
(Printed Name of Witness)
ADDRESSES:
S 7n~
S'. ~nR.~a
Name of Witness)
/ay ~uR.r#f 57
~o i I„~~ 1~'~~t65 11007
P0~ OVER WILLS (Testator/Testatrix)
Page 4
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF CUMBERLAND
SELF-PROVING CLAUSE
BEF~ME, tl~` ersi ed authority, on this day son~lly appear d MARJORIE S.
p~;E~''`'~/I~i C~- /~~ j~' and / ~~ known to
BORTNE
me to be the Testatrix and the witnesses, respectively, whose names are subscribed to the foregoing
instrument in their respective capacities, and all of them being by me duly sworn, MARJORIE S. BORTNER,
Testatrix, declared to me and to the Witnesses, in my presence, that the instrument is her Will and that she
had willingly made and executed it as her free act and deed for the purposes therein expressed; and the
Witnesses, each on his or her oath, stated to me in the presence and hearing of the Testatrix, that the Testatrix
had declared to them that the instrument is her Will and that she executed the same as such and wanted each
of them to sign it as a witness; and upon their oaths, each witness stated further that he did the same as a
witness in the presence of the Testatrix, and at her request and that she was at that time eighteen (18) years
of age or over and was of sound mind, and that each of the witnesses was then at Least fourteen (14) years
of age. .
MARJO S. BORTNER
Testatrix
:.....-
W' ess
(Printed Name of Witness)
~.
Witn ~~1 ~' • ~l ~'IQf~~
(Printed Name of Witness)
SUBSCRIBED AND ACKNOWLEDGED before me ~ ~ . BOR ~R~Testatrix, and
b ~ and
,~~r' ar~d savor .-to before me y ~ ________!~ ------
~~~' f /.~ /~'~~~ ,witnesses, this the ~ day of j/
~- • C~t3 ~ ~~,~~~~ ~~f~l
TODd ~. C~~~~!~~~{~-~', ~cta Pubic
lower St~utbarr~g;~E~uri Twp•. Etu+c~s County Not Pu ic, Commonwealth of Pennsylvania
I~t~r Gont~+cis~igg~z Px+:}~ro;1 ~ 3, 2C1Q4 ~'
.~,..~. n ....., _.
POUR-OVER WILLS
Page 5
(TestatorJTestatrix)
THE IVAN A. BORTNER AND MARJORIE S. BORTNER
REVOCABLE LIVING TRUST AGREEMENT
/~P~
DATED: U ~~
BETWEEN: IVAN A. BORTNER AND MARJORIE S. BORTNER,
AS SETTLORS
AND: IVAN A. BORTNER AND MARJORIE S. BORTNER,
AS TRUSTEES
IVAN A. BORTNER AND MARJORIE S. BORTNER, residents of the Commonwealth of Pennsylvania,
County of Cumberland, do hereby establish a Trust upon the conditions and for the purposes hereafter set
forth.
ARTICLE ONE
Section 1.01 Trust Estate Defined
This Revocable Trust is formed to hold title to real and personal property for the benefit of the Settlors of
this Trust and to provide for the orderly use and transfer of these assets upon the death of the Settlors. The
"Trust Estate" is defined as all property transferred or conveyed to and received by the Trustee held pursuant
to the terms of this instrument. The Trustee is required to hold, administer, .and distribute this property as
provided in this Trust Agreement.
Section 1.02 Definitions
As used in this Trust Agreement:
1. The term "Husband" shall mean IVAN A. BORTNER.
2. The term "Wife" shall mean MARJORIE S. BORTNER.
3. The term "Settlor" shall refer individually and collectively to Husband and Wife.
4. The term "Descendant" shall mean the lawful issue of a deceased parent in the line of
descent, but does not include the issue of any parent who is a descendant of the deceased
person in question and who is living at the time in question.
5. The terms "Child" and "Descendant" include any issue born to decedent, a child legally
adopted by the decedent, and a posthumous child of a decedent. A posthumous child is to
be considered as living at the time of his or her parent's death.
6. The term "Survives" or "Surviving", unless otherwise indicated herein, shall be construed
to mean surviving the decedent for at least sixty (60) days. If the person referred to dies
within sixty (60) days of the death of the decedent, the reference to him or her will be
REVOCABLE LIVING TRUST AGREEMENT
Page 1
construed as if he or she had failed to survived the decedent; provided, however, that any
such person will have, during such period, the right to the use and enjoyment as a life tenant
of all property in which his or her interest will fail by reason of death during such period.
7. The term "Issue" will include all natural and adopted children, if applicable, and
descendants and those legally adopted into the line of descent.
8. The term "Per Stirpes" means strict per stirpes and does not mean per capita with
representation. Beneficiaries entitled to take under a "per stirpes" clause will include both
natural and adopted children and their descendants.
9. The terms "Trust Assets" and "Trust Estate" include all assets of any trust created hereunder
and income derived from such assets and all proceeds of any description derived from the
.sale, exchange, or other disposition of such assets.
10. When required to give reasonable effect to the context in which used, pronouns in the
masculine, feminine, or neuter gender include each other, and nouns and pronouns in the
plural or singular number include each other.
Section 1.03 Trustee Designation
Husband and wife are hereby designated as Co-Trustees. The Co-Trustees shall serve jointly and severally
and either shall have full authority to act for the Trust independently. Should either husband or wife become
unable because of death, incapacity, or other cause to serve as a Co-Trustee, or should either resign as Co-
Trustee before the natural termination of this Trust, the remaining Co-Trustee, husband or wife, shall
thereafter serve as sole Trustee. The term "Trustee" as used in this Trust Agreement shall refer collectively
to husband and wife so long as they serve as Co-Trustees, to the spouse who serves as the sole Trustee,
and/or to any Successor Trustee who assumes the role of Trustee. These Trustees shall serve in the order
as provided in Section 9.01 of this Trust Agreement.
Section 1.04 Additions to Trust Properties
1. The Trustee, at any time during the continuance of this Trust in his or her sole discretion
after consideration of the possible tax consequences to all concerned, is authorized to
receive into the Trust additions of cash and other properties from any source whatsoever,
whether by gift, will, or otherwise. However, the Trustee shall accept all assets which any
person or persons may give, devise, or bequeath by Last Will and Testament to this Trust,
and shall accept all assets transferred to this Trust pursuant to the provisions of any other
Trust document or documents.
2. In addition, any person or persons may designate this Trust as the Beneficiary, Primary or
Contingent, of any death benefits to include insurance benefits, pension benefits, or other
benefits. Until such benefits mature, the Trustee shall have no responsibility with respect
to those benefits.
Section 1.05. Appointment.
The Trustee of the Trust is directed to apportion receipts and expenditures of the types described below
between principal and income as follows:
REVOCABLE LIVING TRUST AGREEMENT
Page 2
1. Whenever the principal, or any part thereof, of the Trust property is invested in securities
a purchased at a premium or at a discount, any premium will be charged against principal and
any discount will be credited to principal;
2. Any stock dividends and rights to purchase additional stock issued on securities held in trust
will be treated as principal. All other dividends, except liquidating distributions, will be
treated as income; and
3. The amount of any applicable depletion allowance for federal income tax purposes will be
treated as income.
Section 1.06 Administration of Trust During,0ur Lifetime
During our lifetime, the trust shall be held and administered as follows:
1. All property and other assets transferred to this trust shall be allocated to and held in
separate shares, the first such share being designated the "Ivan A. Bortner Trust Share" and
the second share being designated the "Marjorie S.Bortner Trust Share".
2. Each Grantor's separate Trust Share shall be composed of the assets as follows:
a. The Grantor's one-half interest in j ointly held property transferred to the Trust; and
b. The Grantor's individually owned properly which is transferred to the Trust.
While each share shall be held and administered separate from the other, for tax and accounting
purposes, the Trustee is authorized to hold or invest the separate shares in common investments and
co-ownership of assets.
3. The Trustee shall pay to or apply for the benefit of IVAN A. BORTNER all of the net
income of the IVAN A. BORTNER Trust Share, in convenient installments, not less often
than quarter-annually, and in addition thereto, shall pay so much of the income and principal
of such Trust Share to or for the benefit of IVAN A. BORTNER as he may direct from time
to time, or in the absence of a direction, as the Trustee may determine to be advisable for
his medical care, support, maintenance, and general welfare.
4. The Trustee shall pay to or apply for the benefit of MARJORIE S. BORTNER all of the net
income of the MARJORIE S. BORTNER Trust Share in convenient installments, not less
often than quarter-annually, and in addition thereto, shall pay so much of the income and
principal of such Trust Share to or for the benefit of MARJORIE S. BORTNER as she may
direct from time to time, or in the absence of a direction, as the Trustee may determine to
be advisable for her medical care, support, maintenance, and general welfare.
All property that a Settlor transfers to the Trustee pursuant to this instrument which was
community property, quasi-community property, or separate property at the time of the
transfer shall remain respectively community property, quasi-community property, or the
separate property of the Settlor transferring such property to the Trust.
REVOCABLE LIVING TRUST AGREEMENT
Page 3
Community and quasi-community property transferred to the Trustee by the Settlors shall
be their community property and treated as such. This property, as invested and reinvested,
together with the rents, issues, and profits therefrom (hereinafter referred to as the
"Community Estate" or the "Community Property") shall retain its character as community
property during the joint lifetimes of the Settlors in spite of any change in the situs of the
Trust, subject, however, to the provisions of this Agreement.
Section 1.07 Discretionary Termination
The Trustee may terminate any Trust when, in the opinion of the Trustee, the principal is reduced to such
an extent that it is not in the best interest of the Beneficiary or Beneficiaries to continue the Trust. The
judgment of the Trustee with respect to this decision to terminate will be final and not subject to judicial
review. If the Trustee terminates a Trust according to this Section, the date the Trust terminates will be
deemed the date fixed for termination of the Trust, and the Trustee will distribute the assets of the
terminating Trust to the Beneficiary or Beneficiaries pursuant to this Agreement.
Section 1.08 Amendment and Revocation
We hereby retain the following powers, exercisable at any time during our lifetimes:
1. To withdraw any of the property included in our separate share of the Trust Estate by giving
the Trustee written notice specifying the property so withdrawn, in which event, the Trustee
shall promptly transfer and deliver such property to us or our designee.
2. To amend the provisions of this Trust declaration in any respect without the necessity of
securing the consent of the Trustee to such changes, in which event, a copy of the
amendment shall be promptly furnished to the Trustee; provided, however, that following
the death of one of us, the survivor shall have no power to amend the terms of the Trust
declaration with respect to the Trust Share of the first of us to die.
3 . To revoke this Trust by giving the Trustee written notice of such revocation, in which event,
the Trustee shall promptly transfer and deliver the property constituting the Trust Estate to
us or our designee together with an accounting therefore; provided, however, that follownig
the death of one of us, the survivor shall have no power to revoke the terms of the Trust
declaration with respect to the Trust Share of the first of us to die.
Section 1.09 Revocation or Alteration by Settlor Alone
The rights of revocation, withdrawal, alteration, and amendment reserved in this Article may only be
exercised by the Settlor and may not be exercised by any other person, including an agent, a guardian, or a
conservator.
Section 1.10 Irrevocability
Except as otherwise provided, on the death of either Settlor, the designation of Beneficiaries of specific gifts
in this Trust shall become irrevocable and not subject to amendment or modification.
REVOCABLE LIVING TRUST AGREEMENT
Page 4
Section 1.11 Settlor Powers
The surviving Settlor shall be the Trustee unless and until he or she resigns in writing or is determined
incompetent under the terms provided herein. The surviving Settlor shall retain all absolute rights to
discharge or replace any Successor Trustee of any portion or share of the Trust which is revocable by the
surviving Settlor so long as the Settlor is competent.
ARTICLE TWO
Section 2.01 Trust Income
During the joint lives of the Settlors, the Trustee shall at least annually, unless otherwise directed by both
Settlors in writing, pay to or apply for the benefit of husband and wife, all of the net income from the Trust
Estate in the same proportions as each of the spouse's respective interests in the Trust Estate.
Section 2.02 Protection of Settlor in Event of Incapacity
During the joint lives of the Settlors, should either Settlor become incapacitated as defined in Section 2.03
below, the Trustee may, in the Trustee's absolute discretion, pay income and principal for the benefit of the
incapacitated Settlor. In addition, the Trustee, in his or her absolute discretion, may pay to or apply, for the
benefit of that Settlor, such sums from the net income and from the principal of the Settlor's separate Estate
as the Trustee believes is necessary or advisable for the medical care, comfortable maintenance, and welfare
of the Settlor.
Section 2.03 Incapacity
1. A person is determined to be incapacitated if any Trustee or Beneficiary hereunder comes into
possession of any of the following:
a. A jurisdictionally applicable court order holding the party to be legally incapacitated to act
on his or her behalf and appointing a guardian or conservator to act for him or her; or
b. Written certificates which are duly executed, witnessed, and acknowledged of two licensed
physicians,. each certifying that the physician has examined the person and has concluded
that, by reason of accident, mental deterioration, or other cause, such person has become
incapacitated and can no longer act rationally and prudently in his or her own financial best
interest; or
c. Evidence which such Trustee or Beneficiary deems to be credible and currently applicable
that a person has disappeared, is unaccountably absent, or is being detained under duress,
and that he or she is unable to effectively and prudently look after his or her own best
interests, then in that event and under those circumstances:
1) Such person is deemed to have become incapacitated, as that term is used
in this Trust agreement; and
2) Such incapacity is deemed to continue until such court order, certificates, and / or
circumstances are inapplicable or have been revoked.
REVOCABLE LIVING TRUST AGREEMENT
Page 5
2. A physician's certificate to the effect that the person is no longer incapacitated shall revoke a
certificate declaring the person incapacitated. The certificate which revokes the earlier certificate
may be executed by either the original certifying physician or by two other licensed, board certified
physicians. No Trustee shall be under any duty to institute any inquiry into a person's possible
incapacity. The reasonable expense of any such inquiry shall be paid from the Trust Assets.
Section 2.04 Principal Invasion
During the joint lives of the Settlors, should the net income of assets contained in this Trust be insufficient
to provide for the care, maintenance, or support of the Settlors as herein defined, the Trustee may, in the
Trustee's sole and absolute discretion, pay to or apply for the benefit of the Settlors or either of them, or any
of their dependents, such amounts from the principal of the Trust Estate as the Trustee deems necessary or
advisable for the care, maintenance, or support of the Settlors.
Section 2.05 Residence
If the Settlor's residence property is a part of the Trust, the Settlors shall have possession of and full
management of the residence and shall have the right to occupy it free of rent. Any expenses arising from
the maintenance of the property and from all taxes, liens, assessments, and insurance premiums, are to be
paid from the Trust to the extent that assets are available for payment. It is the intent of the Settlors to retain
all homestead rights available to them under the applicable state law.
ARTICLE THREE
Section 3.01 Provisions After The First Death
On the death of either Settlor leaving the other Settlor surviving him or her, the Trustee shall collect all
insurance proceeds payable to the Trustee by reason of such death and all bequests and devises distributable
to the Trust Estate.
Section 3.02 Control of Assets
The surviving spouse may, at any time by written notice, require the Trustee either to make any
nonproductive property of this Trust productive or to convert productive property to nonproductive property,
each within a reasonable time. The surviving spouse may further require the Trustee to invest part or all of
this share of Trust Assets for the purpose of maximizing income rather than growth or growth rather than
income.
Section 3.03 Division into Shares
1. Upon the death of either Settlor, if the deceased Settlor is survived by the other Settlor, the
deceased's individual Trust Share, including any additions made by reason of the deceased Settlor's
death, shall be divided into two shares.
2. The Trustee, in his or her sole discretion, may defer the division or distribution of the deceased's
individual Trust Share until six months after the deceased Trustor's death. If the division or
distribution of the deceased's individual Trust Share is so deferred, the deferred division or
distribution shall be made as if it had taken place at the time prescribed above. In addition, all rights
REVOCABLE LIVING TRUST AGREEMENT
Page 6
given to the Beneficiaries under the provisions of this Trust Agreement which follow shall be
considered to have accrued and vested as of that prescribed time.
3. Upon the death of the first Settlor to die ("Predeceased Spouse"), the Trustee shall divide the
deceased's individual Trust Share (which shall include any property which maybe added from the
Predeceased Spouse's general estate) as follows:
a. The Trustee shall divide the balance of the deceased Trustor's individual Trust Share into
two (2) separate shares (hereinafter designated as "Share A" and "Share B"). Share B shall
be composed of cash, securities, and/or other property of the deceased's individual Trust
Share (undiminished by any estate, inheritance, succession, death, or similar taxes) having
a value equal to the maximum marital deduction as finally determined in the Predeceased
Spouse's federal estate tax proceedings, less the aggregate amount of marital deductions,
if any, allowed for such estate tax purposes by reason of property or interest in property
passing or which have passed to the Surviving Spouse otherwise than pursuant to the
provisions of this paragraph; provided, however, that the amount of Share B hereunder shall
be reduced by the amount, if any, needed to increase the Predeceased Spouse's taxable
estate (for federal estate tax purposes) to the largest amount that, after allowing for the
unified credit against federal estate tax and the state death tax credit against such tax (but
only to the extent that the use of such state death tax credit does not increase the death tax
payable to any state), will result in the smallest (if any) federal estate tax being imposed on
the Predeceased Spouse's estate. The term "Maximum Marital Deduction" shall not be
construed as a direction by the Predeceased Spouse to exercise any election respecting the
deduction of estate administration expenses, the determination of the estate tax valuation
date, or any other tax election which may be available under any tax laws, only in such
manner as will result in a larger allowable estate tax marital deduction than if the contrary
election had been made. The Trustee shall have the sole discretion to select the assets which
shall constitute Share B. In no event, however, shall there be included in Share B any assets
or the proceeds of any asset which will not qualify for the federal estate tax marital
deduction. Share B shall be reduced to the extent that it cannot be created with such
qualifying assets. The Trustee shall value any asset selected by the Trustee for distribution
in kind as a part of Share B at the value of such asset at the date of distribution of such asset.
The balance of the deceased's individual Trust Share, after the assets have been selected for
Share B, shall be allocated to Share A.
Share A and Share B shall be administered and distributed as hereinafter set forth.
Section 3.04 Credit Shelter Trust
If either of the Settlors survives the other, the Trustee shall set apart and hold as a separate trust (the "Credit
Shelter Trust") the assets referred to as Share A in Section 3.03 above. The Trustee shall hold, manage,
invest, and reinvest the assets of this Credit Shelter Trust, shall collect the income therefrom, and shall pay
the net income to or for the benefit of the surviving Settlor in convenient installments at least quarter-
annually; provided, however, that the surviving Grantor may elect to pass any portion of said income to the
remainder Beneficiaries of the Trust.
In addition, the Trustee may pay to or for the benefit of the surviving Settlor for the health, education,
maintenance, or support of the surviving Settlor, any part or all of the principal of this Trust, as the Trustee
may determine in its sole discretion, without considering other resources available to the surviving Settlor.
REVOCABLE LIVING TRUST AGREEMENT
Page 7
The surviving Settlor shall have the right to demand and receive, from the principal of this Trust in each of
its fiscal years, the greater of five thousand dollars ($5,000.00) or five percent (5%) of the fair market value
of such principal determined as of the last day of such fiscal year. Such right shall lapse to the extent it is
not exercised in any year. Any commission payable with respect to principal so withdrawn shall be charged
against such principal.
No person, who at any time is acting as Trustee hereunder, shall have any power or obligation to participate
in any discretionary authority which the Settlor has given to the Trustee to pay principal or income to such
person, or for his or her benefit or in relief of his or her legal obligations; provided, however, that if an
individual Trustee has discretion to invade principal for himself or herself and such discretionary authority
is limited by an ascertainable standard, then such Trustee may invade principal (if limited by such standard)
for himself or herself, but not in relief of his or her legal obligations.
The plan of distribution and all terms of this Credit Shelter Trust shall be irrevocable and unamenable at any
time after said Credit Shelter Trust comes into being.
The Credit Shelter Trustee(s) shall- invest the assets of the Credit Shelter Trust to produce a reasonable
income for the benefit of the surviving Grantor without subjecting the principal to unreasonable risk of loss.
The Credit Shelter Trustee(s) shall be authorized and empowered to invest, reinvest, manage, transfer, and
convey any and all property held in this Credit Shelter Trust, including all powers now or hereafter conferred
upon Trustees by applicable state law, and also those power appropriate to the orderly and effective
administration of the Trust.
The Credit Shelter Trustee(s) shall make a written accounting to all income and remainder Beneficiaries or
to their guardians at least annually and at the time that all assets of this Credit Shelter Trust are distributed.
Said accounting .shall consist of a record showing assets on hand at the time of the last accounting, plus
additions, minus expenses and distributions, which shall equal current assets on hand. The Credit Shelter
Trustee(s) shall not be required to obtain authority or approval of any court in the exercise of any power
conferred upon the Trustee(s), nor shall said Trustee(s) be required to make accountings or reports to any
court.
Upon the death of the surviving Settlor, any accrued income shall be paid to the estate of the surviving Settlor
and the remaining principal of this Credit Shelter Trust shall be held, administered, and disposed of in
accordance with the dispositive provisions of this agreement.
Section 3.05 Oualified Terminable Interest Trust
If either of the Grantors survives the other and there are assets allocated to Share B described in Section 3.03
above, then the Trustee shall set apart said assets and hold them as a separate trust (the "Qualified
Terminable Interest Trust"). The Trustee shall hold, manage, invest, and reinvest the assets of this Qualified
Terminable Interest Trust, shall collect the income therefrom, and shall pay the set income to or for the
benefit of the surviving Grantor in convenient installments at least quarter-annually.
Upon the surviving Grantor's death, any accrued, undistributed income shall be distributed to said surviving
Grantor's estate. The remaining principal shall be added to and become part of the Credit Shelter Trust and
shall be held and administered and disposed of in accordance with the plan of distribution for the Credit
Shelter Trust as provided in Sections 3.04 and 4.03, after provision has first been made for the payment of
any estate, inheritance, transfer, succession, or other death taxes, payable by reason of the inclusion of the
value of the Trust property in said surviving Grantor's estate.
REVOCABLE LIVIl~TG TRUST AGREEMENT
Page 8
_ The Trustee(s) of the Qualified Terminable Interest Trust are hereby authorized, in the Trustee(s) sole
discretion, to determine whether to elect (under Section 2056(b)(7) of the Internal Revenue Code} to qualify
all or a specific portion of the Qualified Terminable Interest Trust created herein for the federal estate tax
marital deduction. The Trustee(s) of the Qualified Terminable Interest Trust, in exercising such discretion,
shall attempt to minimize, or eliminate if possible, the federal estate tax payable by the estate of the decedent
spouse's estate.
However, if the Trustee(s) of the Qualified Terminable Interest Trust determine that it is in the best interest
of the persons who may receive any assets after the decedent spouse's death and after the surviving Grantor's
death to pay some federal estate tax in the decedent spouse's estate, taking into consideration any other tax
that is to be paid because of the decedent spouse's death and the surviving Grantor's death, and any income
tax liability that may be affected by the election, the Trustee(s) of the Qualified Terminable Interest Trust
may elect to take a marital deduction that does not reduce the tax to zero if the payment of the tax will not
jeopardize the ability of the Qualified Terminable Interest Trust to provide the surviving spouse with the
level of support and maintenance contemplated by this Declaration of Trust. The decision of the Qualified
Terminable Interest Trustee(s) to make this election shall be final and binding on all persons.
The Trustee(s) of the Qualified Terminable Interest Trust is (are) authorized and empowered to invest,
reinvest, transfer, and convey any and all property held in this Qualified Terminable Interest Trust. This
includes all power now or hereafter conferred upon Trustees by applicable state law, and also those powers
appropriate to the orderly and effective administration of the Trust.
The Trustee(s) shall make a written accounting to the surviving Grantor at least annually and shall make a
written accounting to all remainder Beneficiaries at the time that all assets of this Qualified Terminable
Interest Trust are distributed.
Section 3.06 Power to Appoint Agents
The surviving spouse shall have the right to retain an accountant and / or an attorney at law for professional
services on behalf of the Trust Estate or Estates herein. The surviving spouse shall not be responsible for
the acts of such agents beyond his or her obligation to use reasonable care in the selection of such agents.
Section 3.07 Maximum Marital Deduction
Except as otherwise expressly stated herein, the term "Maximum Marital Deduction" shall not be construed
as a direction by the deceased Settlor to exercise any election respecting the deduction of Estate
administration expenses, the determination of the Estate tax valuation date, or any other tax election which
may be available under any tax laws, only in such manner as will result in a larger allowable Estate tax
marital deduction than if the contrary election had been made.
Section 3.08 Trust Income After The First Death
Following the death of either Settlor and until the death of the surviving Settlor, the Trustee shall, at least
annually, pay to or apply for the benefit of the surviving Settlor all of the net income from the Trust Estate.
Section 3.09 Simultaneous Death
If the Settlors should die under circumstances which would render it doubtful as to which Settlor died first,
it shall be conclusively presumed for the purposes of this Trust that Ivan A. Bortner died first. If any other
REVOCABLE LIVING TRUST AGREEMENT
Page 9
,.. Beneficiary and a Settlor should die under such circumstances, it shall be conclusively presumed that the
Beneficiary predeceased such Settlor.
Section 3.10 Last Expenses
Upon the death of each of the Settlors, the Trustee of this Trust may, in its discretion, pay any part of or all
of the funeral and burial expenses, probate claims, administration expenses, and any estate, inheritance,
succession, or other death taxes, which are payable as a result of the death of each of the Settlors, out of that
portion of the Trust Estate constituting the deceased Settlor's separate Trust Share. The Trustee may make
any such payments directly to the creditors or taxing authority in question, or may remit funds to the personal
representative of the Estate of the deceased spouse for such payments.
ARTICLE FOUR
Section 4.01 Common Pot Trust
At the death of the Surviving Settlor, the Trustee shall not create a Common Pot Trust. All of the Trust
Estate that has not been distributed under prior Articles of the Trust Agreement shall be held, administered,
divided, and distributed according to the provisions that follow.
Section 4.02 Second Death
On the death of the last Settlor to die (the "Surviving Settlor"), the Trustee shall distribute the principal of
the Trust and any accrued or undistributed income from the principal of the Trust in such a manner and to
such persons, including the Estate or the Creditors, as directed in this Trust Agreement.
Section 4.03 Payment of The Second Death Expenses
On the death of the Surviving Settlor, the Trustee shall pay from that portion of the Trust Estate constituting
the deceased Settlor's separate Trust Share the expenses of the surviving Settlor's last illness, funeral, burial,
and any inheritance, estate, or death taxes that maybe due by reason of the Surviving Settlor's death, unless
the Trustee in his or her absolute discretion determines that other adequate provisions have been made for
the payment of such expenses and taxes.
Section 4.04 Trust Income and Princ~al Distribution Upon The Death of The Surviving Trustor
The Trustee shall apply and distribute the net income and principal of each of the shares of the
resulting Trust Estate, after giving effect to the section of this Trust Agreement entitled "Special
Directives" to the following Beneficiaries in the indicated fractional shares:
KAREN B. ROGAN 2/3
CYNTHIA A. SWARTZ 1/3
2. If any of the above Beneficiaries, or any other Beneficiary, is under the age of 25 years when the
distribution is to be made, the Trustee shall have authority to distribute the same, in whole or in part,
to a custodian for the minor appointed under a Uniform Gifts or Transfers to Minors Act, or the
Trustee may retain any such property and administer and distribute the same for the benefit of the
REVOCABLE LIVING TRUST AGREEMENT
Page 10
minor, paying to or for the benefit of such minor so much of the income and principal of the retained
property from time to time as the Trustee deems advisable for the health, education, support, and
maintenance of the minor. When the person for whom the property is held attains the age of 25
years, the property shall thereupon be distributed to him or her free of trust unless otherwise stated
in this Agreement. If the minor should die before attaining the age of majority, the property shall
then be paid and distributed to the estate of the minor.
3. If all of the Settlor's Beneficiaries and their children should fail to survive the final distribution of
the Trust Estate, all of the Trust Estate not disposed of as hereinabove provided shall be distributed
as provided for in this Trust Agreement.
Section 4.05 Principle of Representation
Unless indicated differently in this Trust Agreement or in the "Special Directives" section that follows, in
the event any of the named Beneficiaries should predecease both Settlors, all of that person's share of the
Trust Estate is to be divided equally among the deceased Beneficiary's children or issue per stirpes. In the
event the predeceased Beneficiary leaves no surviving children or issue, then all of that person's share of the
Trust Estate shall be divided equally among the remaining Beneficiaries per stirpes.
If a Beneficiary of the Settlors survives both Settlors, but should fail to survive to collect his or her share at
distribution, that share shall pass to the surviving issue of that deceased Beneficiary per stirpes and with right
of representation.
ARTICLE FIVE
Section 5.01 Non-Income Producing Property
During the joint lives of the Settlors, the Trustee is authorized to retain in the Trust, for so long as the Trustee
may deem advisable, any property received by the Trustee from the Settlors, whether or not such property
is of the character permitted by law for the investment of Trust funds.
Section 5.02 Trustee Powers
The Trustee shall have all powers conferred upon a Trustee by law for the orderly administration of the Trust
Estate. If any property is distributed outright under the provision of this Trust Agreement to a person who
is a minor, distribution may be made under the Pennsylvania Uniform Transfer to Minors Act ("PAUTMA").
The Trustee is further authorized to sign, deliver, and/or receive any documents necessary to carry out the
powers contained within this Section.
The Trustee of any trust created under this Trust Agreement (including any substitute or successor Trustee)
will have and be subject to all of the powers, duties, and responsibilities granted or imposed by the
Pennsylvania Consolidated Statutes (ZO Pa. C.S. Section 101 et seq.) as such Statute may provide at the time
of administration of the Trust, except to the extent that the same are inconsistent with the provisions of this
Agreement.
REVOCABLE LIVING TRUST AGREEMENT
Page 11
Section 5.03 Specific Powers of Trustee
In addition, the Trustee will have the following specific powers:
1. .Trust Estate: The Trustee may leave invested any property coming into its hands hereunder in any
form of investment even though the investment may not be of the character of investments permitted
by law to trustees, without liability for loss or depreciation in value. The Trustee may sell,
exchange, or otherwise dispose of and reinvest property which may at any time be a part of the Trust
Estate upon such terms and conditions as the Trustee may deem advisable. The Trustee may invest
and reinvest the Trust Assets from time to time in any property, real, personal, or mixed, including
without limitation, securities of domestic and foreign corporations and investment trusts or
companies, bonds, debentures, preferred stocks, common stocks, mortgages, mortgage participation,
and interests in common trust funds, all with complete discretion to convert realty into personalty
or personalty into realty or otherwise change the character of the Trust Estate, even though such
investment (by reason of its character, amount, proportion to the total Trust Estate, or otherwise)
would not be considered appropriate for a fiduciary apart from this provision and even though such
investment caused part or all of the total Trust Estate to be invested in investments of one type or
of one business or company.
2. Holding Property: The Trustee may hold property in the Trustee's name, as trustee, or in the name
of a nominee without disclosing the Trust.
3 . Release of Power: If the Trustee deems it to be in the best interest of the Trust and its Beneficiaries,
the Trustee, by written instrument signed by such Trustee, will have the power and authority to
release, disclaim, or restrict the scope of any power or discretion granted in this Trust Agreement
or implied by law.
4. Agents, Employees: The Trustee may employ one or more agents to perform any act of
administration, whether or not discretionary, including attorneys, auditors, investment managers, or
others, as the Trustee shall deem necessary or advisable. The Trustee may compensate agents and
other employees and may delegate to them any and all discretions and powers.
5. Leases: The Trustee may lease any Trust Assets generally or for oil, gas, and mineral development,
even though the lease term may extend beyond the term of the Trust of which the property is a part.
The Trustee may enter into any covenants and agreements relating to the property so leased or
concerning any improvements .which may then or thereafter be erected on such property.
6. Common Funds: The Trustee may hold any of the Trust Assets in a common fund with property
from other trust estates and may make investments j ointly with any other trust, the property of which
is included in the common fund.
7. Securities: With respect to securities held in the Trust Estate, the Trustee may exercise all the
rights, powers, and privileges of an owner, including but not limited to, the power to vote, give
proxies, and to pay assessments and other sums deemed by the Trustee necessary for the protection
of the Trust Estate. In addition, the Trustee may participate in voting trusts, foreclosures,
reorganizations, consolidations, mergers, and liquidations, and in connection therewith, to deposit
securities with and transfer title to any protective or other committee under such terms as the Trustee
may deem advisable. In addition, the Trustee may exercise or sell stock subscription or conversion
rights and may accept and retain as an investment any securities or other property received through
REVOCABLE LIVING TRUST AGREEMENT
Page 12
.,. _ the exercise of any of the foregoing powers, regardless of any limitations elsewhere in this
instrument relative to investments by the Trustee.
8. Purchases from Estate: The Trustee may purchase property of any kind from the Executor or
Administrator of our Estates.
9. Lending: The Trustee may make loans, secured or unsecured, to the Executor or Administrator of
our Estates, to any Beneficiary of the Trust, or to the Trustee. Further, the Trustee may use Trust
Assets to guarantee obligations of any income Beneficiary of the Trust (unless such Beneficiary is
serving as Trustee).
10. Distributions to or for Beneficiaries: The Trustee may make any distribution contemplated by this
Trust Agreement (1) to the Beneficiary; (2) if the Beneficiary is under a legal disability or if the
Trustee determines that the Beneficiary is unable to properly manage his or her affairs, to a person
furnishing support, maintenance, or education for the Beneficiary or with whom the Beneficiary is
residing for expenditures on the Beneficiary's behalf; or (3) if the Beneficiary is a minor, to a trustee
of an existing trust established exclusively for the benefit of such minor, whether created by this
Trust Agreement or otherwise, or to a custodian for the Beneficiary, as selected by the Trustee, under
the Pennsylvania Uniform Transfer to Minors Act. Alternatively, the Trustee may apply all or a part
of the distribution for the Beneficiary's benefit. Any distribution under this paragraph will be a full
discharge of the Trustee with respect thereto. On any partial or final distribution of the Trust Assets,
the Trustee may apportion and allocate the assets of the Trust Estate in cash or in kind, or partly in
cash and partly in kind, or in undivided interests in the manner deemed advisable at the discretion
of the Trustee and to sell any property deemed necessary by the Trustee to make the distribution.
The Trustee may distribute gifts of up to $10,000.00 per year per donee out of principal and/or
interest.
11. Insurance: The Trustee may purchase new life insurance, pay the premiums on existing life
insurance on the life of any Trust Beneficiary, purchase annuities (either commercial or private)
from any corporation, trust, or individual, and may procure and pay the premiums on other insurance
of the kinds, forms, and amounts deemed advisable by the Trustee to protect the Trustee and the
Trust Estate.
12. Borrowing: The Trustee may borrow money from the Trust Estate and others. To secure the
repayment thereof, the Trustee may mortgage, pledge, or otherwise encumber part or all of the Trust
Assets, and in connection with the acquisition of any property, the Trustee may assume a liability
or may acquire property subject to a liability.
13. Repairs: The Trustee may make ordinary and extraordinary repairs and alterations to buildings or
other Trust Assets.
14. Reserves: The Trustee may establish such reserves out of income for taxes, assessments, repair, and
maintenance as the Trustee considers appropriate.
15. Continuation of Business: The Trustee may continue any business or businesses in which the Trust
has an interest at the time of the Settlors' death for so long as the Trustee may, in its sole discretion,
consider necessary or desirable, whether or not the business is conducted by the Settlors at the time
of their death individually, as a partnership, or as a corporation wholly owned or controlled by them,
REVOCABLE LIVING TRUST AGREEMENT
Page 13
with full authority to sell, settle, and discontinue any of them when and upon such terms and
conditions as the Trustee may, in its sole discretion, consider necessary or desirable.
16. Retain Property for Personal Use: The Trustee may retain a residence or other property for the
personal use of a Beneficiary and allow a Beneficiary to use or occupy the retained property free of
rent and maintenance expenses.
17. Dealings with Third Parties: The Trustee may deal with any person or entity regardless of
relationship or identity of any Trustee to or with that person or entity. The Trustee may hold or
invest any part of or all of the Trust Estate in common or undivided interests with that person or
entity.
18. Partitions, Divisions, Distributions: The Trustee will have the power to make all partitions,
divisions, and distributions contemplated by this Trust Agreement. Any partitions, divisions, or
other distributions maybe made in cash, in kind, or partly in cash and partly in kind, in any manner
that the Trustee deems appropriate (including composing shares differently). The Trustee may
determine the value of any property, which valuation will be binding on all Beneficiaries. No
adjustments are required to compensate for any partitions, divisions, or distributions having unequal
consequences to the Beneficiaries.
19. Claims, Controversies: The Trustee may maintain and defend any claim or controversy by or against
the Trust without the j oinder or consent of any Beneficiary. The Trustee may commence or defend
at the expense of the Trust any litigation with respect to the Trust or any property of the Trust Estate
as the Trustee may deem advisable. The Trustee may employ, for reasonable compensation, such
counsel as the Trustee shall deem advisable for that purpose.
20. Merger of Trusts: If at any time the Trustee of any trust created hereunder shall also be acting as
trustee of any other trust created by trust instrument or by trust declaration for the benefit of the
same beneficiary or beneficiaries and upon substantially the same terms and conditions, the Trustee
is authorized and empowered, if in the Trustee's discretion such action is in the best interest of the
Beneficiary or Beneficiaries, to transfer and merge all of the assets then held under such trust created
pursuant to this Trust Agreement to and with such other trust and thereupon to terminate the trust
created pursuant to this Trust Agreement. The Trustee is further authorized to accept the assets of
any other trust which may be transferred to any trust created hereunder and to administer and
distribute such assets and properties so transferred in accordance with the provisions of this
Agreement.
21. Termination of Small Trust: Any corporate Trustee which is serving as the sole Trustee of any
Trust or any Share thereof may at any time terminate such Trust or Share if, in the Trustee's sole
judgment, the continued management of such Trust or Share is no longer economical because ofthe
small size of such Trust or Share and if such action will be deemed to be in the best interests of the
Beneficiary or Beneficiaries. In case of such termination, the Trustee will distribute forthwith the
share of the Trust Estate so terminated to the income Beneficiary, per stirpes. Upon such
distribution, such Trust or Share will terminate and the Trustee will not be liable or responsible to
any person or persons whomsoever for its action. The Trustee will not be liable for failing or
refusing at any time to terminate any Trust or a Share thereof as authorized by this paragraph.
22. Power to Determine Income and Principal: Dividends payable in stock of the issuing corporation,
stock splits, and capital gains will be treated as principal. Except as herein otherwise specifically
REVOCABLE LIVING TRUST AGREEMENT
Page 14
provided, the Trustee will have full power and authority to determine the manner in which expenses
are to be borne and in which receipts are to be credited as between principal and income. The
Trustee has the power to determine what will constitute principal or income and may withhold from
income such reserves for depreciation or depletion as the Trustee may deem fair and equitable. In
determining such matters, the Trustee may give consideration to the provisions of the Pennsylvania
Statutes (or its successor statutes) relating to such matters, but it will not be bound by such
provisions.
23. Generation-Skipping Taxes and Payment: If the Trustee considers any distribution or termination
of an interest or power hereunder as a distribution or termination subject to ageneration-skipping
tax, the Trustee is authorized:
24. To augment any taxable distribution by an amount which the Trustee estimates to be sufficient to
pay such tax and charge the same to the particular trust to which the tax related without adjustment
of the relative interests of the Beneficiaries;
a. To pay such tax, in the case of a taxable termination, from the particular trust to which the
tax relates without adjustment of the relative interests of the Beneficiaries. If such tax is
imposed in part by reason of the Trust Assets, the Trustee will pay only the portion of such
tax attributable to the taxable termination hereunder taking into consideration deductions,
exemptions, credits, and other factors which the Trustee deems advisable; and
b. To postpone final termination of any particular trust and to withhold any portion or all of
the Trust Estate until the Trustee is satisfied that the Trustee no longer has any liability to
pay any generation-skipping tax with reference to such trust or its termination.
Section 5.04 Special Provision for S Corporation Stock
Notwithstanding what is otherwise provided in this Trust Agreement, if at any time the Trust contains any
stock of a corporation which elects or has elected treatment as an "S Corporation" as defined by Section
1361(a)(1) of the Internal Revenue Code (or any corresponding successor statute), such stock will be
segregated from the other assets of such and treated as a separate trust. The Trustee will further divide the
separate trust into shares for each Beneficiary and such. shares will be distributed outright or held in trust as
herein provided. In addition, all other provisions of this Trust Agreement will apply to each share held in
trust (and constituting a separate trust) except that the Trustee will distribute all of the income from each
separate trust to its Beneficiary inconvenient installments at least annually. It is the Settlors' intent that each
separate trust will be recognized as a "Qualified Subchapter S Trust" ("QSST") under Section 1361(d)(2}
of the Internal Revenue Code (or any corresponding successor statute). Notwithstanding any provisions of
this Trust Agreement to the contrary, the Trustee's powers and discretions with respect to the administration
of each separate trust (including methods of accounting, bookkeeping, making distributions, and
characterizing receipts and expenses) will not be exercised or exercisable except in a manner consistent with
allowing each separate trust to be treated as a QSST as above described.
REVOCABLE LIVING TRUST AGREEMENT
Page 15
ARTICLE SIX
Section 6.01 Coordination with Settlor's Probate Estate
1. At any time during the continuance of this Trust, including subsequent to the death of either Settlor,
the Trustees may, in their sole and uncontrolled discretion, distribute to the deceased Settlor's
Probate Estate cash and / or other property as a Beneficiary of the Trust.
2. All other provisions to the contrary notwithstanding, under no circumstances shall any restricted
proceeds, as hereinafter defined, be either directly or indirectly: (i) distributed to or for the benefit
of the Settlor's Executors or the Settlor's Probate Estate; or (ii) used to pay any other obligations of
the Settlor's Estate. The term "Restricted Proceeds" means:
a. All qualified plans, individual retirement accounts, or similar benefits which are received
or receivable by any Trustee hereunder, and which are paid solely to a Beneficiary other
than the Executor of the Settlor's Gross Estate for Federal Estate Tax purposes; and
b. All proceeds of insurance on the Settlor's life which, if paid to a Beneficiary other than the
Settlor's Estate, would be exempt from inheritance or similar death taxes under applicable
state death laws.
Section 6.02 Direction to Minimize Taxes
In the administration of the Trust hereunder, its Fiduciaries shall exercise all available tax related elections,
options, and choices in such a manner as they, in their sole but reasonable judgment (where appropriate,
receiving advice of tax counsel), believe will achieve the overall minimum in total combined present and
reasonably anticipated future administrative expenses and taxes of all kinds. This applies not only to said
Trust, but also to its Beneficiaries, to the other Trusts hereunder and their Beneficiaries, and to the Settlor's
Probate Estate.
Without limitation on the generality of the foregoing direction (which shall to that extent supersede the usual
fiduciary duty of impartiality), such Fiduciaries shall not be accountable to any person interested in this Trust
or to Settlor's Estate for the manner in which they shall carry out this direction to minimize overall taxes and
expenses (including any decision they may make not to incur the expense of a detailed analysis of alternative
choices). Even though their decisions in this regard may result in increased taxes or decreased distributions
to the Trust, to the Estate, or to one or more Beneficiaries, the Fiduciaries shall not be obligated for
compensation readj ustments or reimbursements which arise by reason of the manner in which the Fiduciaries
carry out this direction.
Section 6.03 Judgment and Discretion of Trustee
In the absence of proof of bad faith, all questions of construction or interpretation of any trusts created by
this Trust Agreement will be finally and conclusively determined solely by the Trustee, according to the
Trustee's best judgment and without recourse to any court. Each determination by the Trustee is binding on
the Beneficiaries and prospective Beneficiaries hereunder, both in being and unborn, as well as all other
persons, firms, or corporations. The Trustee, when exercising any discretionary power relating to the
distribution or accumulation of principal or income or to the termination of any trust, will be responsible only
for lack of good faith in the exercise of such power. Each determination may be relied upon to the same
extent as if it were a final and binding judicial determination. In the event of a conflict between the
REVOCABLE LIVING TRUST AGREEMENT
Page 16
provisions of this Trust Agreement and those of the Pennsylvania Statutes, the provisions of this Agreement
will control.
ARTICLE SEVEN
Section 7.01 Resolution of Conflict
Any controversy between the Trustee or Trustees and any other Trustee or Trustees, or between any other
parties to this Trust, including Beneficiaries, involving the construction or application of any of the terms,
provisions, or conditions of this Trust shall, on the written request of either or any disagreeing party served
on the other or others, shall be submitted to arbitration. The parties to such arbitration shall each appoint
one person to hear and determine the dispute and, if they are unable to agree, then the two persons so chosen
shall select a third impartial arbitrator whose decision shall be final and conclusive upon both parties. The
cost of arbitration shall be borne by the losing party or in such proportion as the arbitrator(s) shall decide.
Such arbitration shall comply with the commercial arbitration rules of the American Arbitration Association,
140 West 51st Street, New York, NY 10200.
Section 7.02 Incontestability
The beneficial provisions of this Trust Agreement are intended to be in lieu of any other rights, claims, or
interests of whatsoever nature, whether statutory or otherwise, except bona fide pre-death debts, which any
Beneficiary hereunder may have in Settlor's Estate or in the properties in trust hereunder. Accordingly, if
any Beneficiary hereunder asserts any claim (except a legally enforceable debt), statutory election, or other
right or interest against or in Settlor's Estate, or any properties of this Trust, other than pursuant to the
express terms hereof, or directly or indirectly contests, disputes, or calls into question, before any court, the
validity of this Trust Agreement, then:
1. Such Beneficiary shall thereby absolutely forfeit any and all beneficial interests of whatsoever kind
and nature which such Beneficiary or his or her heirs might otherwise have under this Trust
Agreement and the interests of the other Beneficiaries hereunder shall thereupon be appropriately
and proportionately increased; and
2. All of the provisions of this Trust Agreement, to the extent that they confer any benefits, powers,
or rights whatsoever upon such claiming, electing, or contesting Beneficiary, shall thereupon become
absolutely void; and
3. Such claiming, electing, or contesting Beneficiary, if then acting as a trustee hereunder, shall
automatically cease to be a Trustee and shall thereafter be ineligible either to select, remove, or
become a Trustee hereunder.
Section 7.03 Specific Omissions
Any and all persons and entities, except those persons and entities specifically named herein, have been
intentionally omitted from this Trust Agreement. If any person or entity shall successfully challenge any
term or condition of this Trust Agreement, then, to that person or entity shall be given the sum of one dollar
($1.00) in lieu and in place of any other benefit, grant, or interest which that person or interest may have in
the Trust Estate.
REVOCABLE LIVING TRUST AGREEMENT
Page 17
Section 7.04 Benefits Confidential
The Settlors further declare that it is their desire and intent that the provisions of this Trust Agreement are
to remain confidential as to all parties. The Settlors direct that only the information concerning the benefits
paid to any particular Beneficiary shall be revealed to such individual and that no individual shall have a right
to information concerning the benefits being paid to any other Beneficiary.
ARTICLE EIGHT
Section 8.01 Distribution in Kind or in Cash
On any .division of the assets of the Trust Estate into shares or partial shares, and on any final or partial
distribution of the assets of the Trust Estate, the Trustee, at his or her absolute discretion, may divide and
distribute undivided interests of such assets on a pro rata ornon-pro rata basis, or may sell any part of or all
of such assets and may make divisions or distributions in cash or partly in cash and partly in kind. The
decision of the Trustee, either prior to or on any division or distribution of such assets, as to what constitutes
a proper division of such assets of the Trust Estate, shall be binding on all persons interested in any trust
provided for in this Trust Agreement.
Section 8.02 Spendthrift Provision
Neither the principal nor the income of the trust shall be liable for the debts of a Beneficiary. Except as
otherwise expressly provided in this Agreement, no Beneficiary of any trust shall have any right, power, or
authority to alienate, encumber, or hypothecate his or her interest in the principal or income of this Trust in
any manner, nor shall the interests of any Beneficiary be subj ect to the claims of his or her creditors or liable
to attachment, execution, or other process of law. The limitations herein shall not restrict the exercise of any
power of appointment or the right to disclaim.
Section 8.03 Definition of Children
The terms "Child" and "Children" as used in this Agreement mean the lawful issue of a Settlor or of the
Settlors together. This definition also includes children legally adopted by a Settlor or by the Settlors
together.
Section 8.04 Handicapped Beneficiaries
Any Beneficiary who is determined by a court of competent jurisdiction to be incompetent shall not have any
discretionary rights of a Beneficiary with respect to this Trust, or to their share or portion thereof. The
Trustee shall hold and maintain such incompetent Beneficiary's share of the Trust estate and shall, in the
Trustee's sole discretion, provide for such Beneficiary as that Trustee would provide for a minor.
Notwithstandingthe foregoing, any Beneficiary who is diagnosed for the purposes of governmental benefits
(as hereinafter delineated) as being not competent or as being disabled, and who shall be entitled to
governmental support and benefits by reason of such incompetency or disability, shall cease to be a
Beneficiary of this Trust. Likewise, they shall cease to be a Beneficiary if any share or portion of the
principal or income of the Trust shall become subject to the claims of any governmental agency for costs or
benefits, fees, or charges.
REVOCABLE LIVING TRUST AGREEMENT
Page 18
The portion of the Trust Estate which, absent the provisions of this section, would have been the share of
such incompetent or handicapped person shall be retained in trust for as long as that individual lives. The
Trustee, at his or her sole discretion, shall utilize such funds for the maintenance of that individual. If such
individual recovers from his or her incompetency or disability and is no longer eligible for aid from any
governmental agency, including costs or benefits, fees, or charges, such individual shall be reinstated as a
Beneficiary after 60 days from such recovery and the allocation and distribution provisions as stated herein
shall apply to that portion of the Trust Estate which is held by the Trustee subject to the foregoing provisions
of this section. If said handicapped Beneficiary is no longer living and shall leave children then living, the
deceased child's share shall pass to those children per stirpes. If there are no children, the share shall be
allocated proportionately among the remaining Beneficiaries.
ARTICLE NINE
Section 9.01 Trustees
All Trustees are to serve without bond. The following will act as Trustees of any Trusts created by this Trust
Agreement, in the following order of succession:
First: The undersigned, IVAN A. BORTNER and / or MARJORIE S. BORTNER.
Second: The Surviving Spouse.
Third: At the death or incapacity of the Surviving Spouse, KAREN B. ROGAN shall
serve as First Successor Trustee.
Fourth: CYNTHIA A. SWARTZ shall serve as Second Successor Trustee.
Fifth: MAUREEN PEER shall serve as Third Successor Trustee.
Sixth: VICKIE HOSKIN shall serve as Fourth Successor Trustee.
Last: A Trustee chosen by the majority of Beneficiaries, with a parent or legal guardian
voting for minor Beneficiaries; provided, however, that the children of any deceased
Beneficiary shall collectively have only one vote.
Section 9.02 Allocation and Distribution of The Trust Assets
The Trustees shall allocate, hold, administer, and distribute the Trust Assets as hereinafter provided:
1. Upon the death of the first Settlor, the Trustee shall make any separate distributions that
have been specified by the deceased Settlor. The Trustee shall also take into consideration
the appropriate provisions of this Article.
2. Upon the death of the Surviving Spouse, the Trustee shall hold, administer, and distribute
the Trust Assets in the manner hereinafter prescribed.
REVOCABLE LIVING TRUST AGREEMENT
Page 19
Section 9.03 Personal Pro~eriv Distribution
Notwithstanding any provision of this Trust Agreement to the contrary, the Trustee must abide by any
memorandum by the Settlors, particularly that contained in the section entitled "Special Directives"
incorporated into this Trust Instrument, directing the disposition of Trust Assets of every kind including, but
not limited to, furniture, appliances, furnishings, pictures, china, silverware, glass, books, jewelry, wearing
apparel, and all policies of fire, burglary, property damage, and other insurance on or in connection with the
use of property. Otherwise, any personal and household effects of the Settlors shall be distributed with the
remaining assets of the Trust Estate.
Section 9.04 Liability of Trustee
The Trustee will not be responsible or liable for any loss which may occur by reason of depreciation in value
of the properties at any time belonging to the Trust Estate nor for any other loss which may occur, except
that the Trustee will be liable for each Trustee's own negligence, neglect, default, or willful wrong. The
Trustee will not be liable or responsible for the acts, omissions, or defaults of any agent or other person to
whom duties may be properly delegated hereunder (except officers or regular employees of the Trustee) if
such agent or person was appointed with due care. The Trustee may receive reimbursement from the Trust
Estate for any liability, whether in contract or in tort, incurred in the administration of the Trust Estate in
accordance with the provisions hereof, and the Trustee may contract in such form that such Trustee will be
exempt from such personal liability and that such liability will be limited to the Trust Assets.
Section 9.05 Successor Trustees
Any Successor Trustee shall have all the power, rights, discretion, and obligations conferred on a Trustee
by this Trust Agreement. All rights, titles, and interest in the property of the Trust shall immediately vest
in the successor Trustee at the time of appointment. The prior Trustee shall, without warranty, transfer to
the Successor Trustee the existing Trust property. No Successor Trustee shall be under any duty to examine,
verify, question, or audit the books, records, accounts, or transaction of any preceding Trustee; and no
Successor Trustee shall be liable for any loss or expense from or occasioned by anything done or neglected
to be done by any predecessor Trustee. A Successor Trustee shall be liable only for his or her own acts and
defaults.
ARTICLE TEN
Section 10.01 Perpetuities Savings Clause
Notwithstanding any other provision of this instrument, the Trusts created hereunder shall terminate not later
than twenty-one (21) years after the death of the last survivor of all Settlors and any other Beneficiary or
Beneficiaries named or defined in this Trust living on the date of the death of the first Settlor to die. The
Trustee shall distribute remaining Trust principal and all accrued or undistributed net income hereunder to
the Beneficiary or Beneficiaries. If there is more than one Beneficiary, the distribution shall be in the
proportion in which they are Beneficiaries; if no proportion is designated, then the distribution shall be in
equal shares to such Beneficiaries.
ARTICLE ELEVEN
REVOCABLE LIVING TRUST AGREEMENT
Page 20
Section 11.01 Governing Law
It is not intended that the laws of only one particular state shall necessarily govern all questions pertaining
to all of the Trust hereunder.
1. The validity of the Trust hereunder, as well as the validity of the particular provisions of that Trust,
shall be governed by the laws of the state which has sufficient connection with the Trust to support
such validity.
2. The meaning and effect of the terms of this Trust Agreement shall be governed by the laws of the
Commonwealth of Pennsylvania.
3. The administration of this Trust shall be governed by the laws of the state in which the principle
office of the Trustee then having custody of the Trust's principal assets and records is located.
The foregoing shall apply even though the situs of some Trust Assets or the home of the Settlor, a Trustee,
or a Beneficiary may at some time or times be elsewhere.
Section 11.02 Invalidity of Any Provision
If a court finds that any provision of this Trust Agreement is void, invalid, or unenforceable, the remaining
provisions of this Agreement will continue to be fully effective.
Section 11.03 Headings
The use of headings in connection with the various articles and sections of this Trust Agreement is solely
for convenience and the headings are to be given no meaning or significance whatsoever in construing the
terms and provisions of this Agreement.
Section 11.04 Internal Revenue Code Terminolo~y
As used herein, the words "Gross Estate," "Adjusted Gross Estate," "Taxable Estate," "Unified Credit,"
"State Death Tax Credit," "Maximum Marital Deduction," "Marital Deduction," and any other word or
words which from the context in which it or they are used refer to the Internal Revenue Code shall be
assigned the same meaning as words have for the purposes of applying the Internal Revenue Code to a
deceased Settlor's Estate. Reference to sections of the Internal Revenue Code and to the Internal Revenue
Code shall refer to the Internal Revenue Code amended to the date of such Settlor's death.
REVOCABLE LIVING TRUST AGREEMENT
Page 21
SPECIAL DIRECTIVES
OF
IVAN A. BORTNER
I, IVAN A. BORTNER, a resident of the County of Cumberland, Commonwealth of Pennsylvania,
being of lawful age, and of sound and disposing mind and memory, and not acting under duress, fraud, or
undue influence, hereby make, publish and declare this to be my Special Directive, and I incorporate THE
IVAN A. BORTNER AND MARJORIE S. BORTNER REVOCABLE LIVING TRUST AGREEMENT.
FIRST
The natural objects of my affection are:
1. My wife - MARJORIE S. BORTNER
2. My Children - KAREN B. ROGAN
CYNTHIA A. SWARTZ
SECOND
I direct that all estate and inheritance taxes payable as a result of my death, not limited to taxes
assessed on property, shall be paid out of the residue of my Estate, and shall not be deducted or collected
from any League, Devisee, or Beneficiary hereunder.
THIRD
In the event any of my named Beneficiaries should predecease me, all of that person's share of the
Trust Estate is to be divided equally among that person's children per stirpes and held in trust until that
person's children reach the age of 21 years.
FOURTH
I direct that, before any distribution of the assets of the Trust Estate to the named Beneficiaries,
certain specific distributions, if any, shall be made from the assets as set forth on the list attached hereto and
marked "Exhibit A."
FIFTH
I hereby acknowledge and accept the "Special Directives," if any, of my spouse.
SIXTH
I direct that the entire stamp collection shall be liquidated by a reputable stamp auction facility, and
the proceeds shall be distributed to the children of VICKIE HOSKIN in equal shares and held in trust until
they reach the age of twenty-one years.
REVOCABLE LIVING TRUST AGREEMENT
Page 22
SPECIAL DIRECTIVES
OF
MARJORIE S. BORTNER
I, MARJORIE S. BORTNER, a resident of the County of Cumberland, Commonwealth of
Pennsylvania, being of lawful age, and of .sound and disposing mind and memory, and not acting under
duress, fraud, or undue influence, hereby make, publish and declare this to be my Special Directive, and I
incorporate THE IVAN A. BORTNER AND MARJORIE S. BORTNER REVOCABLE LIVING TRUST
AGREEMENT.
FIRST
The natural objects of my affection are:
1. My husband - IVAN A. BORTNER
2. My Children - KAREN B . ROGAN
CYNTHIA A. SWARTZ
SECOND
I direct that all estate and inheritance taxes payable as a result of my death, not limited to taxes
assessed on property, shall be paid out of the residue of my Estate, and shall not be deducted or collected
from any League, Devisee, or Beneficiary hereunder.
THIRD
In the event any of my named Beneficiaries should predecease me, all of that person's share of the
Trust Estate is to be divided equally among that person's children per stirpes and held in trust until that
person's children reach the age of 21 years.
FOURTH
I direct that, before any distribution of the assets of the Trust Estate to the named Beneficiaries,
certain specific distributions, if any, shall be made from the assets as set forth on the list attached hereto and
marked "Exhibit A."
FIFTH
I hereby acknowledge and accept the "Special Directives," if any, of my spouse.
SIXTH
I direct that the entire stamp collection shall be liquidated by a reputable stamp auction facility, and
the proceeds shall be distributed to the children of VICKIE HOSKIN in equal shares and held in trust until
they reach the age of twenty-one years.
REVOCABLE LIVING TRUST AGREEMENT
Page 23
J~~ ~ ~~
DATED to be effective this day of ~ L~~ ~~
SETTLORS:
'~L Y~ ~ ~0 Y~
NAN A. BORTNER
MARJO S. BOR'INER
ACCEPTED BY CO-TRUST S:
IVAN A. BORTNER
MARJ S. BORTNER
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF CUMBERLAND
This instrument was acknowledged before me on the date herein set forth by IVAN A. BORTNER
as Settlor and Co-Trustee to certify which witness my ha seal of ffice.
~ ~
Notary Public, m ealth of Pennsylvania
TO~~ ~, r' ~~'~~~~.,~,, ~lft)~c~B~3 ~'il~3ic
Lower Southampton T~sp.y Oucs Co~s€-~y
COMMONWEALTH OF PENNSYLVANIA M ~omrnissg~~n ~~ 'sus ~~ ~Y 204
COUNTY OF CUMBERLAND
This instrument was acknowledged before me on the date herein set forth by MARJORIE S.
BORTNER as Settlor and Co-Trustee to certify which wi ss my hand and seal of office.
~ C ..
Notary Public, nwealth of Pennsylvania
TOC?[~ B ~~F ~~~~~, ~ota~~yy~ i~ubii~
~.o~~e~ Southarr~ptor- `(~wp., ~u~ks Cc~ur~ty
F ~ ~~,.,~,, ~r~~ ~X~3~~3 A~aY 3, 2004
._
REVOCABLE LIVING TRUST AGREEMENT
Page 24
~;,~/~"""'\_ OMB Approval No. 2502-0265
>,
~~- w ~; A. Settlement Statement (HUD-1)
4 P'
~7M.,, CfliY:L~
1.^ FHA 2.^ RHS 3.^Conv. Unins. 6. File Number:
2012-138 7. Loan Number:
000007000 8. Mortgage Insurance Case Number:
4. ^ VA 5. ^Conv. Ins.
C. Note: This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agents are shown. Items marked
"(p.o.c)" were paid outside the closing; they are shown here for informational purposes and are not included in the totals.
D. Name & Address of Borrower: E, Name & Address of Seller: F. Name & Address of Lender:
Russel E. Yinger The Estate of Marjorie J. Bortner Orrstown Bank
520 Stone Church Road, Carlisle, PA 17015 2695 Philadelphia Avenue, Chambersburg, PA
17201
G. Property Location: H. Settlement Agent: I. Settlement Date: 12/07/2012
106 Fourth Street PA Real Estate Settlement Services, LLC Disbursement Date: 12/07/2012
Boiling Springs, PA 17007 354 Alexander Spring Road, Carlisle, PA 17015
South Middleton Township
Telephone: 717-249-6333 Fax: 717-249-7334
Place of Settlement: TitleExpress
354 Alexander Spring Road, Carlisle, PA 17015 Printed 12/07/2012 at 10:04 am
by KSC
• :. . . •
100, Gross Amount Due from Borrower 400. Gross Amotmt Due to Seller
10 . ontract sales price 1 5, 00.0 401. Contract sales price 115,00. 0
102. Personal ro 402. Personal ro
103. Settlement charges to borrower (line 1400) 4,286.10 403.
104. 404.
105. 405.
Ad'ustments for items aid b seller in advance Ad'ustments for items aid b seller in advance
106. City/town taxes to 406. City/town taxes to
107. County taxes to 407. County taxes to
108. Assessments to 408. Assessments to
109. 409.
110. Tax Proration -Waived-Purohaser has paid the taxes 410. Tax Proration -Waived-Purchaser has paid the taxes
111. 411.
112. 412.
120• Gross Amount Due from Borrower 119,286.10 420. Gross Amount Due to Seller 115,000.00
200. Amounts Paid a in Beh~f of Borrower 504. Reductions In Amount Due to Seller
201. Deposit or earnest money 20,530.11 501. Excess deposit (see instructions) 20,530.11
202. Principal amount of new loan(s) 87,750.00 502. Settlement charges to seller (line 1400) 1,310.00
203. Existin loo s taken subject to 503. Existing loo s) taken subject to
204. Appraisal Cn:dit 50.00 504. Payoff of first mortgage loan
205. Transfer Tax Cure from Lender 1,150.00 505. Payoff of second mortgage loan
206. 506.
207. 507. Escrow of Inheritance Taxes 6,000.00
208. 506.
209. 509.
Ad'ustments for items un aid b seller Ad'ustments for items un aid b seller
210. City/town taxes to 510. ity/town taxes to
211. County taxes to 511. County taxes to
212. Assessments to 512. Assessments to
213. 513.
214. 514.
215. 515.
216. 516.
217. 517.
218. 518.
219. 519.
~0• Total Paid b ffor Borrower 109,480.11 520. Total Reduction Amount Due Seller 27,840.11
300. Cath at Settlement tromi'ta Borrower 600. Cash at Ssmement tofirom SetNr
301. Gross amount due from borrower (line 120) 119,286.10 601, Gross amount due to seller (line 420) 115,000.00
302. Less amounts paid by/for borrower (line 220) 109,480.11 602. Less reductions in amount due seller (line 520) 27,840.11
303. Cash X^ From ^ To Borrower 9,805.99
ep0 n r eo n o n - ~ per nreponee r
1Ms brm wise k Ys • eunenly hb OMB corlrol nnber. !b conMirtlely N esnssd tlis dsebsue Y ~r.ndkory. 7
-ttlen.nt proe-s.
•
Hs 603. Cash X^ To ^ From Seller 87,159.89
npo epsrcy msy eo rn. R • you sn eo
k d-Ips;d b provids tlr peAks b • RESP/t eovsrsd tnnsectlonwNh inbm.tbn the
Previous editions are obsolete Page 1 of 4 HUD-i
ZOO. Tote! Rao{ Estate Broker Fses Paid From Paid From
Division of commtsston Nne 700 as ~Movrs: Borrower's Seller's
7 $o.oo to Funds at Funds at
7 $o.oo to Settlement Settlement
7 mmission paid at settlement
800. Item: P able In Connection with Loan
801. Our origination charge (Includes Origination Point 0.000% or 0.00) 775.00 (from GFE #1)
802. Your credit or charge (points) for the speck interest rate chosen (from GFE #2)
803. Your adjusted origination charges. (from GFE A) 775.00
804. Appraisal fee to Orrstown Bank $350.00 P.O.C. B (from GFE #3)
805. Credit report to CBC Innovis, Inc. (from GFE #3) 12.65
806. Tax service to from GFE #3
807. Fbod certification to CBC Innovis (from GFE #3) 9.00
808. to
900, tuns R uired lender to ba Paid {n Advastce
901. Daily interest charges from from 12/0712012 to 01/01/2013 @ $9.3200/day (from GFE #10) 233.00
902 Mort insurance remium months to from GFE#3
903. Homeowner's insurance for 1 ears to Cincinnati Ins. $748.00 P.O.C. B (from GFE #11)
g04, months to from GFE #11
1000. a< with Lender
1001. Initial deposit for your escrow account (from GFE #9) 571.45
1002. Homeowner's insurance 4 months $ 62.331month $249.32
1003. Mort a insurance months $ Imonth
1004. County taxes 12 months $ 25.OBImonth $300.96
1005. months $ Imonth
1006. School Taxes 8 months $ 101.071month $808.56
1007. Aggregate Adjustment $-787.39
11~. Tide Cha
it services and len e s title insurance from GFE#4
1102. Settlement or closing fee to $
1103. Owner's title insurance (from GFE#5) 238.50
1104. Lender's title insurance $1,059.00
1105. Lender's title policy limit $87,750.00 Lender's Policy
1106. Owner's title policy limit $115,000.00 Owner's Policy
1107. Agent's portion of the total title insurance premium $1,061.62
1108. Underwriter's portion of the total title insurance premium $235.88
1109. Deed Preparation to Mate a Law Firm 150.00
1204. Government Racordtn and Transfer Char
1201. Government recording charges $ (from GFE #7) 156.00
1202• Deed $62.00 Mort $96.00 Release $
1203. Transfertaxes $ (from GFE #8) 1,150.00
1204. CitylCounty tax/stamps Deed $1,150.00 Mort e $
1205. StateTax/stamps Deed $1,150.00 Mort e $ 1,150.00
1206. Deed $ Mort e $
13~. Additional Settiemerrt Char
1301. Required services that you can shop for (from GFE #6)
1302. Tax Certification to Robert Cairns, Tax Collector 10.0
1303. to
1304. to
1305. to
r r ~ . ~ . ~ r ~ ~ r 4,286.10 1,310.00
'Paid outside of closing by (B)orrower, (S)eller, (L)ender, (I)nvestor, Bro(IQer. "'Credit by lender shown on-page 1."'Credit by seller shown on page 1.
Previous editions are obsolete Page 2 of 4 HUD-i
Good fnlth Estimnb HUD-1
775.00 775.00
0.00 0.00
775.00 775.00
0.00 1,150.00
T#9at Can C
yow+~scrow acx0unt #
ils~s!
B urattae 1~
fl
i~
T
t~ovd f7d131 E~ltltats l~1Ch1
100.00 158.00
400.00 350.00
62.70 12.65
9.00 9.00
1,268.00 1,138.50
1,839.70 1,668.15
-71.55 o r -9.34%
571.45 I
LVflll ii1111~
Yout.in~atlo~ amount is
$87,750.00
Your iaart tarn is 30. years
YoUt it~resl take is ' 3.8750%
Yottf #;~i ~ snwturi owed for ptint~al, interest, and any mortgage $412.63 includes
~utl~ftCU i5 0 Principal
X^ Interest
^ Mortgage Insurance
~ yo~rln~rost ~ r~e1 0 No. ^ Yes, it can rise to a maximum of %. The first change
will be on / / and can change again every years after I / .Every change
date, your interest rate can increase or decrease by %. Over the Iffe of the loan, your
interest rate is guaranteed to never be lower than % or higher than %.
yen ~yau make pew bt1 tithe, can your k}an t~elance t~ 0 No. ^ Yes, it can rise to a maximum of $
Ev9tl8;y~t matte p8yr~ntc Otl tfma, Carl your montl-ty am~# owlad for X^ No. ^ Yes, the first increase can be on / I and the monthly
tnf$+BSt, and mor4gagelns-e rise? amount owed can rise to $
The maximum it can ever rise to is $
Doer yi„rf~an`t,e~+e 8 prepaymdr-t per-~ty? 0 No. ^ Yes, your maximum prepayment penalty is $
~ year o~ t-tn~ a n p8ymerrY7 X^ No. ^ Yes, you have a balloon payment of $ due in
years on
Tout mfr amount awed ~luQ&p gnerow arxrouh# peymer}is ^ You do not have a monthly escrow payment for items, such as properly taxes
and homeowner's insurance. You must pay these items directry yourself.
^X You have an additional monthly escrow payment of $188.48
that results in a total initial monthly amount owed of $601.11. This includes principal, interest, any
mortgage insurance and any items checked below:
X^ Property taxes ^X Homeowner's insurance
^ Flood insurance ^
^ ^
Note: If you have any questions about the Settlement Charges and Loan Terms listed on this form, please contact your lenaer.
Previous editions are obsolete Page 3 of 4 HUD-1
otGood faith ~ u-d t!t)t>•1 G
'~x#Ctrk ipare~tit I~JR'i t.ka Muaaber
...flat or for rest rate n ~
pbr~ s #
tarty
• HUD CERTIFICATION OF BUYER AND SELLER
I have c~efully reviewed the HUD-1 Settlement Statement and to the best of my knowledge and belief, it is a true and accurate statement of all receipts and
disbursements made on my account or by me in this transaction. I further certify that I have received a copy of the HUD-1 Settlement Statement.
Russel E. Yinger
The Estate of Mary'orie J. Bonner
The HUD-1 Settlement Statement which I have prepared is a true and accurate account of this transaction. I have caused or will cause the funds to be
disbursed in accordance with this statement.
SETTLEMENTAGENT DATE
WARNING: IT IS A CRIME TO KNOWINGLY MAKE FALSE STATEMENTS TO THE UNITED STATES ON THIS OR ANY SIMILAR FORM. PENALTIES UPON
CONVICTION CAN INCLUDE A FINE AND IMPRISONMENT. FOR DETAILS SEE TITLE 18: U.S. CODE SECTION 1001 AND SECTION 1010.
Previous editions are obsolete Page 4 of 4 HUD-1
i .f
MATEYA LAW FIRM -INTEROFFICE MEMORANDUM
TO: MAM
FROM: ANN
SUBJECT: BORTNER ESTATE ADMINISTRATION -REV 1500
DATE:
CC:
1/17/12 Check#3135 Cash $2,323.00
1/17/12 Check#3136 Cindy Swartz $2,323.00
1/18/12 Check#3137 David Rogan $ 100.00
2/12/12 Check#3147 Kazumi Rogan $1,680.00
3/11/12 Check#3156 David Rogan $ 45.00
3/25/12 Check#3159 Singer Equipment $5,409.71
3/29/12 Check#3162 CCIS (Bldg permits) $ 390.00
3/29/12 Check#3161 Santorum for President $1,000.00
3/31/12 Check#3163 Singer Equipment $6,837.00
4/13/12 Check#3166 Drivekore $ 500.00
4/13/12 Check#3167 York Tent & Awning $ 72.00
4/19/12 Check#3170 Lowes $ 49.78
5/7/12 Check#3172 Regal $2,000.00
5/14/12 Check#3176 Regal $8,000.00
5/14/12 Check#3177 Restruccia Excavating $ 970.00
5/16/12 Check#3179 Restruccia Excavating $2,535.00
5/17/12 Check#3180 Mark R. Holloway $6,564.00
5/25/12 Check#3181 Cash $25,000.00
TOTAL $65,798.49
2011
7/3/11 Check#3065 Maureen Peer $1,000.00
6/25/11 Check#3061 York Tent & Awning $ 650.00
7/15/11 Check3068 York Tent & Awning $1,252.70
7/24/11 Check#3060 Vickie Haskins $ 100.00
8/3/11 Check#3073 Kazumi Rogan $ 100.00
9/28/11 Check#3089 Lowes $ 57.62
9/25/11 Check#3087 Lowes $ 127.92
9/24/11 .Check#3086 Lowes $ 311.60
9/16/11 Check#3085 SKH $ 64.60
9/10/11 Check#3082 Apple Honda $13,000.00
9/10/11 Check#3080 David Rogan $ 78.00
9/8/11 Check#3079 Mike Anderson $ 40.00
10/16/11 Check#3104 Lowes $ 98.35
10/11/11 Check#3103 Mike Anderson $ 140.00
10/9/11 Check#3102 Daniel Peer $ 100.00
10/20/11 Check#3106 Lowes $ 115.06
10/9/11 Check#3101 Amanda Peer $ 100.00
10/9/11 Check#3100 Maureen Peer $ 100.00
10/9/11 Check#3099 Andrew Raskin $ 100.00
10/4/11 Check#3093 Cash $ 900.00
10/3/11 Check#3092 Mark Halloway $ 2,431.60
9/26/11 Check#3088 Mark Halloway $ 2,000.00
11/28/12 Check#3116 Amanda Peer $ 1,000.00
11/9/11 Check#3113 York Tent & Awning $ 72.00
11/18/11 Check#3115 Chris Miller $ 75.00
12/4/11 Check#3118 St. Rose Of Lima (heating) $ 1,000.00
12/191// Check#3125 Amanda Peer $ 2,000.00
TOTAL $27,014.45
GRAND TOTAL $92,812.94
2