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HomeMy WebLinkAbout06-17-13 (2) 1 REV-1500.�1 Extol-Im, "61 150561Q143 OFFICIAL USE ONLY PA Department of Revenue Pennsylvania county code Year File Number Bureau of Individual Taxes a P"PiM°NT M NtvaNUe PO 60x.280601 INHERITANCE TAX RETURN 21 12 1028 Harrisburg, PA 17128-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW 09 15 2012 Decedent's Last Name Suffix Decedent's First Name MI LENKER GRACE E (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 1. Original Return 2, Supplemental Return ❑ 3, Remainder Return(date of death prior to 1243-82) ❑ 4. Limited Estate ❑ 4a Future Interest Compromise ❑ 5, Federal Estate Tax Return Required (date do�fn death�after l2-12-82) tLe.i 8. {AttWft�ic�y of Will) a ❑ 7, (Alttaa;tt Gtopp afa[ruarya Living Trust g. Total Number of Safe Deposit Boxes ❑ g, Litigation Proceeds Received ❑ 16.EeNieen10v3nY C2 t�datses�fdeam ❑ 11 Election to tax under Sec.9113(A) 2 9 (Attach Son.O) CORRESPONDENT-THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number DIANE G RADCLIFF (717) 737 0100 i REGISTER OF WILLS USE ONLY First line of address C C> j 3448 TRINDLE ROAD c to ° M = c> z v4 Second line of address D N R1 FO zu' z o « City or Post Office State ZIP Code t7 Fl CAMP HILL PA 17011 o c = C-� ry r m -� r— D [V Gq O ".0 Correspondent's e-mail address: dianeradcliff@comcasLnet Under penalties of perjury,{ so re that I have a fined this return,including accompanying schedules and statements,and to the best of my knowledge and belief. it is true,oonect and complete.Deciaration of p rer other than the personal representative is based on all information of which preparer has any knowledge. SIGN UR RSON SIBLE FO LING ETURN DATE LEE E REED Ac Ess 37 Beechwood Drive, Dillsburg, PA 17019 IGNATURE OF PR OTHER THAN RE PRE T I D TE / Diane G Radcliff Cr �j`�( 1' rindie Road,Camp Hill, A Side 1 '� 1505610143 1505610143 =` ���m a�` � o �� ��� � 1 1505610243 -! REV-1500 EX RECAPITULATION 1. Real Estate(Schedule A).........................._.._................_................................_... 1, 149, 000 . 00 2. Stocks and Bonds(Schedule B)......................................................... ................... 2. 206, 674 . 21 3. Closely Held Corporation,Partnership or Sale-Proprietorship(Schedule C)......... 3, 4. Mortgages&Notes Receivable(Schedule D)........................................................ 4. 5, Cash,Bank Deposits&Miscellaneous Personal Property(Schedule E)............... 5. 54, 965 . 52 6. Jointly Owned Property(Schedule F) ❑ Separate Billing Requested............ 6, 7. Inter-Vivos Transfers&Miscellaneous -Probate Property (Schedule G) in Separate Billing Requested,........... 7, 202 r 988 . 62 8. Total Gross Assets(total Lines 1-7)..................................................................... 8. 513 , 628 .35 9. Funeral Expenses&Administrative Costs(Schedule H)....................................... 9. 34 , 251 . 48 10. Debts of Decedent,Mortgage Liabilities,&Liens(Schedule 1).......-................-- 10. 1, 854 . 34 11. Total Deductions(total Lines 9& 10).-......... .....-..........................--............... 11. 36, 105 . 82 12. Net Value of Estate(Line 8 minus Line 11)......................................................... 12. 477 , 522 . 53 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. 477 , 522 . 53 TAX COMPUTATION.SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate,or transfers under Sec.9116 is, 0 . 00 (a)(1.2)X.00 16. Amount of Line 14 taxable at lineal rate X 045 477, 522 . 53 16. 21 , 488 . 51 . 17. Amount of Line 14 taxable at sibling rate X.12 0. 00 17, 0 . 00 18. Amount of Line 14 taxable at collateral rate X.15 0 . 00 18, 0 . 00 19. Tax Due.................. ............................................................................................... 19, 21,488 . 51 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. Side 2 1505610243 1505610243 REV-1500 EX Page 3 File Number 21-12-1028 Decedent's Complete Address: DECEDENT'S NAME LENKER,GRACE E STREETADDRESS 5226 Royal Drive CITY STATE ZIP Mechanicsburg PA 17055 Tax Payments and Credits: 1. Tax Due(Page 2,Line 19) {i) 21,488.51 2. Credits/Payments A. Prior Payments B. Discount 0.00 Total Credits(A +B) (2) 0.00 3. Interest (3) 4. If Line 2 is greater than Line 1 +Line 3,enter the difference. This is the OVERPAYMENT. (4) 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. (5) 21,488.51 Make Check Payable to: REGISTER OF WILLS, AGENT. PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN"X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or Income of the property transferred;................................ .........................___ b, retain the right to designate who shall use the property transferred or its income;_................................ c. retain a reversionary interest;or.....................................................................................................I......... d. receive the promise for life of either payments,benefits or care?............................................................ 2. if death occurred after December 12, 1982,did decedent transfer property within one year of death without receiving adequate consideration?......__.................................._.._..........................._........_........................... ❑ 1 Did decedent own an"in trust for' or payable upon death bank account or security at his or her death?....... ❑ 4, Did decedent own an Individual Retirement Account,annuity,or other non-probate property which contains a beneficiary designation?.-.......___.................................____................................................. ___ ® ❑ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES,YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. For dates of death on or after July 1,1994 and before Jan.1,1995,the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3 percent{72 P.S.§9116(a)(11)(1)]. For dates of death on or after January 1, 1995,the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0 percent [72 P.S.§9116(a)(1.1)(ii)], The statute does not exempt a transfer to a surviving spouse from tax,and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse Is the only beneficiary. For dates of death on or after July 1,2000: • The tax rate imposed on the net value of transfers from a deceased child 21 years of age or younger at death to or for the use of a natural parent,an adoptive parent,or a stepparent of the child is 0 percent 172 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)1. A sibling is defined under Section 91 02,as an individual who has at least one parent in common with the decedent,whether by blood or adoption. n Rev-1502 E%a 01-Cal SCHEDULE A REAL ESTATE COMMONWEALTH OF PENNSYLVANIA INHERITANCE TA%RETVRN RESIDENTIDECEDENT ESTATE OF FILE NUMBER LENKER, GRACE E 21-12-1028 All real property owned solely or as a tenant in common must be eeporred at fair market value.Fair market value is defined as the prce at which property,souid be szohenged between a willing buyer and a willing seller,neither being compered to buy or sell,both having reasonable knowledge of the relevant Facts. Real property which In jointly-owned with right of survivorship meat be disclosed on schedule F. Attach a onov of the settlement sheet if the Suddenly has been sold Include a copy of the deed showino decedenPS interest if owned as tenant in common. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 Real Estate.5226 Royal Drive 149,000.00 Mechanicsburg, PA 17055 TOTAL(Also enter on Line 1,Recapitulation) 149,000.00 (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. 11-05) Rev-1503 EX.(6-88) SCHEDULE B STOCKS & BONDS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER LENKER GRACE E 21-12-1028 All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM CUSIP VALUE AT DATE NUMBER NUMBER DESCRIPTION UNIT VALUE OF DEATH 1 627.515 shares of American Investment Co. of America 31.26 19,616.12 2 610.647 shares of American Washington Mutual Investments 31.99 19,534.60 3 38,868.559 shares of Oppenheimer Funds 4.31 167,523.49 TOTAL(Also enter on Line 2, Recapitulation) 206,674.21 (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 EXa(6.98) SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITARCE TAX RETURN REVOENTOECEDENT ESTATE OF FILE NUMBER LENKER, GRACE E 21-12-1028 IrxlW frig proceeds of Iiti Lion and the date the proceeds word received by the estate All property jolndymwned with the right of SUNivorship Rwet be disclosed on sc annile F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 American Money Market 1,385.62 2 Metro Bank-Checking Account No.82000134 53,450.52 3 Miscellaneous Reimbursements 129.38 I TOTAL(Also enter on Line 5,Recapitulation) 54,965.52 (if more space is needed,additional pages of the same size) Copyright(c)2002 form software only The Lackner Group, Inc. Form PA4500 Schedule E(Rev.6-98) Rev-1510 EX+(8.98) SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RF.SIDENTOECEDENT ESTATE OF FILE NUMBER LENKER, GRACE E 21-12-1028 This schedule rtes!be completed and flied'rf the answer to any of questions 1 through a on the reverse side of the REV-1 SOD COVER SHEET is yea. ITEM DESCRIPTION OF PROPERTY DATE OF DEATH %OF DECDS EXCLUSION TAXABLE NUMBER THE DATE OF TRAANSFER TRANSFEREE THEIR CORELATIONSHIP Y FE EED FOR REAL ESTATE. VALUE OF ASSET INTEREST (IF APPLICABLE) VALUE 1 Mass Mutual Annuity-No.VA09922987 102,988.62 102,988.62 TOTAL(Also enter on Line 7, Recapitulation) 102,988.62 (H more space is needed,additional pages of the same size) Copyright(c)2002 form software only The Lackner Group, Inc. Form PA-1600 Schedule G(Rev.6.98) REV-1151 EX.110-061 SCHEDULE H COMM�o1HNEWpE�ApLryTr�;1FZqx NET�Vp�ryyANIA FUNERAL EXPENSES & RESIDErJT RECEDE NT ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER LENKER GRACE E 21-12-1028 Debts of decedent must be reported on Schedule I. ITEM DESCRIPTION AMOUNT NUMBER A. FUNERAL EXPENSES: See continuation schedule(s)attached 810.84 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative(s) LEE E REED Street Address 37 Beachwood Drive City Dillsburg State PA Zio 17019 Year(s)Commission paid 2013 25,000.00 2. Attornev's Fees Diane G Radcliff 2,000.00 3, Family Exemption: (If decedent's address is not the same as claimant's,attach explanation) Claimant Street Address City State Zip Relationship of Claimant to Decedent 4. Probate Fees 423.50 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. Other Administrative Costs 6,017.14 See continuation schedule(s) attached TOTAL(Also enter on line 9, Recapitulation) 34,251.48 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 LENKER, GRACE E 21-12-1028 ITEM NUMBER DESCRIPTION AMOUNT Funeral Expenses 1 Neill Funeral Home 810.84 H-A 810.84 Other Administrative Costs 2 Appraisal Fee-Real Estate 375.00 3 Harland Clarke-Estate Account Checks 30,40 4 Homewood Suites-Rent for Daughter to assist in administration of estate 1,882.54 5 Reserve-Additional Taxes,Attorneys fees, Fiduciary Tax Return 2,000.00 6 State Farm Insurance-Homeowners Insurance 577.00 7 U-Haut-Storage Unit 126.85 8 U-Haul -Storage Unit 128.85 8 U-Haul-Storage Unit 126,85 10 U-Haul -Storage Unit 126.85 11 U-Haul-Storage Unit 126.85 12 U-Haul-Storage Unit 126.85 13 U-Haul -Storage Unit 126.85 14 U-Haul-Storage Unit 126,85 Copyright(c)2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H(Rev.6.98) SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS continued ESTATE OF FILE NUMBER LENKER, GRACE E 21-12-1028 ITEM NUMBER DESCRIPTION AMOUNT 16 U-Haul -Storage 137.40 H-B7 6,017.14 Copyright(c)2002 form software only The Lackner Group,Inc. Form PA-1600 Schedule H(Rev. 6-88) Rev-1312 EX.(12.08) SCHEDULE 1 DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENTDECEDENT ESTATE OF FILE NUMBER LENKER, GRACE E 21-12-1028 Report debts incurred by the decedent prior to death that remained unpaid at the date of death,Including unreimbumed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 Amelia Urgent Care 150.94 2 Homewood Suites-Rent for Grace upon return from Florida prior to death 1,70140 TOTAL(Also enter on Line 10, Recapitulation) 1,854.34 (if more space is needed,additiotwi pages of the same size) Copyright(c)2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule I(Rev. 12-08) I REV-1818 EX.(11A8( g SCHEDULE J COMMOt4�'IF-ALTD p OETURN ANIA BENEFICIARIES ESTATE OF EACXC ENT FILE NUMBER LENKER, GRACE E 21-12-1028 NUMBER NAME AND ADDRESS OF DECEDENT RELATIONSHIP TO SHARE ESTATE AMOUNT OF ESTATE PERSON{SI RECEIVING PROPERTY (Words)ds} {$$$} TAXABLE DISTRIBUTIONS [include outright spousal distributions,and transfers under Sec.9116(a)(1.2)] DiAnn M Matheny Daughter One-Half 320 South 5th Street Residue Fernandina Beach, FL 32034 Lee E Reed Son One-Half 37 Beechwood Drive Residue Dillsburg, PA 17019 Total Enter dollar amounts for distributions shown above on lines 15 through 18 on Rev 1500 cover sheet,as approp riate. NON-TAXABLE DISTRIBUTIONS: IT. A.SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN B.CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET Copyright(c)2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule J(Rev. 11.08) REGORGED OFFICE OF REGISTER q1 J, LAST WILL AND TESTAMENT O • (Pour-Over Will) 2012 SEP 2 ) PM 12- 37 OF GRACE E.LENKER IDENTITY MBFR(/{� D CO., PA P ( J A I, GRACE E. LENKER,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 209-I2-5502. I have the following children; AiAnn M. Matheny, born November 24, 1945; and Lee E. Reed, born January 25, 1954. 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, other than any tax on a generation-skipping transfer that is not a liability of my Estate (including interest and penalties, if any) that become due by reason of my death, under THE GRACE E. LENKER REVOCABLE LIVING TRUST executed on even date herewith (the "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." RESIDUE OF ESTATE I give, devise and bequeath all the rest, residue and remainder of my property of every kind and description (including lapsed legacies and devices), wherever situated and whether acquired before or after the execution of this Will,to the Trustee under that certain Trust executed by me on the same date of the 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. • POUR-OVER WILL Page 1 Testatrix r 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 substitutes and successors under the Trust, described herein above, to be held, managed, invested,reinvested and distributed by the Trustee upon the terms and conditions pertaining to the period beginning with the date of my death as are constituted in the Trust as at present constituted giving effect to amendments, if any, hereafter made and for that purpose I do hereby incorporate such Trust by reference into this my Will. EXECUTOR I hereby nominate and appoint Lee E.Reed to serve without bond as my Independent Executor of this my Last Will and Testament. 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 DfAnn M. Matheny to serve without bond as my Independent Executor. Whenever the word "Executor"or any modifying or substituted pronoun therefore is used in this my Will, such words and respective pronouns shall be held and taken to include both the singular and the plural, the masculine, feminine and neuter gender thereof, and shall apply equally to the Executor named herein and to any successor to substitute Executor acting hereunder, and such successor or substitute Executor shall possess all the rights, powers, duties, authority, and responsibility conferred upon the Executor originally named herein. EXECUTOR POWERS By way of Illustration and not of limitation and in addition to any inherent, implied or statutory powers granted to executors generally, my Executor is specifically authorized and empowered with respect to any property, real or personal, at any time held under any provision of this my Will: to allot, allocate between principal and income,assign,borrow,buy,care for,collect,compromise claims,contract with respect to, continue any business of mine,convert, deal with,dispose of, enter into, exchange,hold, improve, incorporate any business of mine, invest, lease, manage, mortgage, grant and exercise options with respect to,take possession of,pledge,receive,release,repair,sell, sue for,make distributions in cash or in kind of partly in each without regard to the income tax basis of such asset and in general,exercise all of the powers in the management of my Estate which any individual could exercise in the management of similar property owned in its own right upon such terms and conditions as to my Executor may seem best, and execute and deliver any and all instruments and do all acts which my Executor may deem proper or necessary to carry out the purpose of this my Will,without being limited in any way by the specific grants or power made,and without the necessity of a court order. My Executor shall have absolute discretion,but shall not be required,to make adjustments in the rights of any Beneficiaries, or among the principal and income accounts to compensate for the consequences of any tax decision or election, or of any investment or administrative decision, that my executor believes has had the effect, directly or indirectly, of preferring one Beneficiary or group of Beneficiaries over others. In determining the Federal Estate and Income Tax liabilities of my Estate, my Executor shall have discretion to select the valuation date and to determine whether any or all of the • POUR-OVER WILL Page 2 T allowable administration expenses in my Estate shall be used as Federal Estate Tax deductions or as Federal Income Tax deductions. CONTESTS AND SPECIFIC OMISSIONS If any beneficiary under this will, singly or in conjunction with any other person or persons, directly or indirectly: 1. contests in any court the validity of this will or, in any manner, attacks or seeks to impair or invalidate any of its provisions; 2. contests in any court the validity of the Testator's/Testatrix's Will or, in any manner, attacks or seeks to impair or invalidate any of its provisions; 3. seeks to obtain an adjudication in any proceeding in any court that this trust or any of its provisions or that Testator's/Testatrix's Will or any of its provisions is void; 4. claims entitlement by way of any written or oral contract to any portion of the Testator's/Testatrix's estate, whether in probate or under this instrument; S. unsuccessfully challenges the appointment of any person named as Executor or successor Executor of the Testator's/Testatrix's Will; 6. objects in any manner to any action taken or proposed to be taken in good faith by the Executor of the Testator's/Testatrix's Will; 7. objects to any construction or interpretation of this Will, or any provision of it, that is adopted or is proposed in good faith by the Executor; 8. unsuccessfully seeks the removal of any person acting as the Executor of the Testator's/Testatrix's Will; • 9. files any creditor's claim in Testator's/Testatrix's estate (without regard to its validity), whether the claim arose before or after the date of this instrument,but excepting claims for cash advanced or paid for expenses of the Testator's/Testatrix's last illness or funeral paid by said claimant; 10. attacks or seeks to invalidate any designation of beneficiaries for any life insurance policy on Testator's/Testatrix's life; 11. attacks or seeks to invalidate any designation of beneficiaries for any pension or IRA or other form of qualified or non-qualified asset or deferred compensation account, agreement or arrangement; 12. attacks or seeks to invalidate any will which Testator/Testatrix has created or may create during Testator's/Testatrix's. lifetime, or any provision thereof, as well as any gift which Testator/Testatrix has made or will made during Testator's/Testatrix's lifetime,whether before or after the date of this instrument; 13. attacks or seeks to invalidate any transaction by which Testator/Testatrix sold any assets(whether to a relative of Testator's/Testatrix's or otherwise); or 14. refuses.a request of Testator's/Testatrix's, Executor or other fiduciary to assist in the defense against any of the foregoing acts or proceedings, then that person's right to take any interest given to him or her by this trust shall be determined as it would have been determined if the person had predeceased the execution of this will instrument without issue surviving. The provisions of the foregoing paragraph shall not apply to any disclaimer by any person of any benefit under this will. In the event that any of this provision is held to be invalid, void or illegal,the same shall • POUR-OVER WILL Page 3 T'statrix be deemed severable from the remainder of this provision and shall in no way affect,impair or invalidate any other provision in this will; and if such provision shall be deemed invalid due to its scope or breadth, • such provision shall be deemed to exist to the extent of the scope or breadth permitted by law. SIMULTANEOUS DEATH If any other Beneficiary should not survive me for sixty (60) days, then it shall be conclusively presumed for the purpose of this my Will that said Beneficiary predeceased me. �'24 GRACE E. LENKER Testatrix This instrument consists of 6 typewritten pages, including the Attestation Clause, Self-Proving Clause, signature of Witnesses, and acknowledgment of officer. I have signed my name at the bottom of each of the preceding pages. This instrument is being signed by me on this / day of QELEw�6��. Z • POUR-OVER WILL Page 4 ATTESTATION CLAUSE • The Testatrix whose name appears above declared to us, the undersigned, that the foregoing instrument was his/her Last Will and Testament, and he or she requested us to act as witnesses to such instrument and to his/her signature thereon. The Testatrix thereupon signed such instrument in our presence. At the Testatrix's request, the undersigned then subscribed our names to the instrument in our own handwriting in the presence of the Testatrix. The undersigned hereby declare, in the presence of each of us,that we believe the Testatrix to be of sound and disposing mind and memory. Signed by us on the same day and year as this Last Will and Testament was signed by the Testatrix. WITNESSES:n'n ADDRESSES: Ir'G r 1 P h /Jl• 1?c/J S i%tl b wt Ec t J t s �i u ti I a ( 7 01"7'" (Printed Name of Witness) City, State,Zip 4-1;4--J)A e J� .7". , 1­-Z2 k • b.r l -E CZ"L /1� M Ee-t-k t cs UA(Printed Name of Witness) City, State,Zip • POUR-OVER WILL Page 5 Q /Testatrix COMMONWEALTH OF PENNSYLVANIA • COUNTY OF CUMBERLAND SELF-PROVING CLAUSE BEFO ME, the undersigned authority,An this day personally appeared GRACE E. LENKER, E:A.N and V c.)x LP E- (� e LV 1151j , ]mown to 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 swom, GRACE E. LENKER, Testatrix,declared to me and to the witnesses,in my presence,that the instrument is his/her Will and that he or she had willingly made and executed it as his/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 his Will and that he or 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 or she did the same as a witness in the presence of the Testatrix,and at his request and that he or 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. O GRACE E.LENKER Testatrix � SI � T /yt=nrsr`v�� (P kited Name of Witness) I/6 SS A-Ci7 2�: (`(Printed Name of Witness) SUBSCRIBED AND ACKNOWLEDGED before me by GRACE E. LENKER, Testatrix, and suKsscribed and swom to before me by C c.� P� 3 t,4 6 s'.c., and OA)A LO C- - Cv 0 L0 Cr, witnesses, this the t day of (7 EGE w4� ¢ti ,10 . COMMONWEAL w TH — PENNSYLVANIA Notarial seat Notary Public,Commonwealth of Pennsylvania Ronald W. Patten, Notary Public Warwick 7Wp„ Lao=W Cbant9 My Commission EXpim Apr. 22, 7,006 Member,Pannsybania Assodation of Noteriea • POUR-OVER WILL Page 6 LANDREA APPRAISALS 611 ALISON AVENUE MECHANICSBURG,PA 17055 DATE: 1010112012 Re: Property: 5226 Royal Dr Mechanicsburg,PA 17055 Borrower: N/A File No.: 120093 In accordance with your request.I have appraised the above referenced property. The report of that appraisal is attached. The purpose of this appraisal is to estimate the market value of the property described in this appraisal report,as Improved,in unencumbered fee simple title of ownership.The effective date of this appraisal is September 25,2012, which is the date the subject property was physically observed. This report is based on a physical analysis of the site and improvements,a loc ttional analysis of the neighborhood and city,and an economic analysis of the market for properties such as the subject. The appraisal was developed and the report was prepared in accordance with the Uniform Standards of Professional Appraisal Practice. The value conclusions reported are as of the effective date stated in the body of the report and contingent upon the certification and limiting conditions attached. It has been a pleasure to assist you. Please do not hesitate to contact me if I can be of additional service to you. Sincerely i La erica .Furt CERTI SIDENTIAL APPRAISER RL1398241 SUMMARY OF SALIENT FEATURES Subject Address 5226 Royal Dr Legal Description See Deed Book 267 Page 729(Attached) - DM Mechanicsburg County Cumberland State PA Zip Code 17055 Census Tract 0111.02 Map Reference See APN Sale Price B N/A Date of Sale Borrower/Client N/A Leader N/A Size(Square Feet) 1,892 Price per Square Fool $ Location Average Age 42 Condilion Average(-) Total Booms 7 Bedrooms 3 Baths 2.1 Appraiser Laurence L.Furr Date of Appraised Value 09/252012 Final Estimate of Value S 149,000 Form SSO—'YnTOTAP'appraisal software by a Is mode,me.—1-EOO.ALAMOOE Larches Appraisals-www.Landrea.cam p RESIDENTIAL APPRAISAL SUMMARY REPORT Fite No.: 120093 Property Address: 5226 Ro I Dr Ci :Mechanicsburg State:PA li Code;17055 Cou Cumberland L¢al Descri bon: See Deed Book 267 Pa a 729 Attached Assessor's Parcel#; 1324-0793149 Tar Year.2012 R.E.Taxes:$2,800 est. Special Assessments:$None Borrower ff a licable: N/A Current Owner of Record: Grece E.Lenker Occupant I lOwner Tenant Vacant Manufactured Housin RoectT e: PUO Condominium Coo ------ Other describe N/A HOA:$N/A err ear per month Market Area Name; Orchard Crest Manor Ma Reference: See APN Census Tract: 0111.02 The u ose of this appraisal is to develop an opinion of: Market Value as defined or other e m value describe This M22n reNcts the following valued rot Cun iff see comments: Current 2M Ins ec8on Date is the Effective Date Retrospective Lj Prospective no devdo ed for this a raise/: Sales Cam arson Appmer, I I CosL mach I I Income Approach See Reconciliation Comments and Scope of Work Pro uViv Ri hm varra ised: fee Sim k Leasehold I I Leased Fee E I Other cescnbe Irdenced Use: The intended use of this appraisal report is to esmbl'sh tit arket slue of the subi ct property in ns c re t "as's'condition. Intended Uses name or type): Lee Elvruod Reed Client Lee EMrood Reed Address: 37 Beachwood Drive Dilisbugg,PA 17019 MINELaurence L.Fun Address: 611 Alison Avenue Meclienicsbe ,PA 17055 Location: Urban Suburban Rural Predominant One-Unit Housing Present Land Use Change in Land Use Built up: ®Over 75% ❑25-75% ❑Under 25% Occupancy PRICE AGE One Unit 95 % N Not Ukely Growth rate: ❑Rapid ®Stable ❑Slow N Owner 95% $(ODO) (yrs) 2-4 Unit % ❑Likely• ❑In Process Property values: ❑increasing ®Stable ❑Declining N Tenant 5% 85 Low 6 Mu"nit % `To: N/A Demandi ❑Shortage ®In Balance ❑Over Supply N Vacant(0-5 11) 265 High 64 Comm'I 5 % Marketin time: Under3 U— ❑Over6MOS. ❑Vacant >5% 768 Pree 52 % Market Area Boundaries,Description,and Market CandNons(including support for the above characteristics and trends): The subject is bounded by Wesley Drive to the north and to the east Independence Aven a to the South and All nd le Road to the west See Market Conditions Addendum Femn 1004MC and comment addendum for details INmenslons: See al description Deed attached Site Area: 8,276 sf Zordrg ClassUication: R Description: Residential Zoning Com pliance: N Legal. ❑L al nonconforming randta i erect ❑illegal El No zoning Are CCBRS Bcablo? Yes No ❑Unknown Have the documents been reviewed? I I Yes ❑No Grouts Rent d applicable) $ N/A/ Highest$Best Use as improved: N Present use,pr ❑(Miter use(explain) Actual Use as of Effective Date Single family residential Use as appraised In this report Single family residential Summary of Highest 8 Best Use: In the appraisers opinion,the maximally productive use of the subject she' "as correntN'mpro ed"with the most probable purchaser of the property being a buyer seeking a single family residence. UBINies Public Other Previder/Description Oft-site Improvements Type Public Rivato Topograptry Level BechicM1y ® ❑ PPL Street AsphaH N ❑ Size 0.19 acres(8,276 s Gas ❑ ❑ N/A CuMGuUe Concrete N ❑ $hexer Rectangular Water N ❑ Lower Allen Twnsh . Sidewalk Concrete N ❑ Drainage Average, Sanitary Sewer N ❑ Lower Man Tvvnshp. Stree[Ughts Yes ® ❑ View Residential Stan Sewer N ❑ Lower Allen Twnsh . AI None ❑ ❑ Oticer sih elements: N Inside Lot ❑Comer Lot Cul de Sac Under round UtilRies Other describe I-i S '1 Flood Hazard Area I i Yes No FEMA flood Zane X FEMA Map#42041 CO278E FEW Map Date 03/1612009 its Comments: The sae shape and landscepii of the she is typical of sites in the area No apparent adverse easements encroachments, special assessments slide areas etc negatively affect the value No Wgwn or observed adverse envimn a tal coMilb were noted at the time of the inspection for this appraisal General Description Exterior Description Foundation Basement None Hestbg •of Units 1 ❑Acc.Umt Foundation Concrete Block Slab N/A Area Sq.FL 644 Type Baseboard #of Stories 2 Exterior Walls Stick Aluminum Crawl Space Partial %Finished C Fuel Electric Type N DeL❑AtL ❑ Root Surface Come-Shinglo Basement Partial Ceiling Wood Joists 5!n Family Room Design(Style) Split Level Duties E Dwnspts.Metal Sump PUMP❑Noce Walls Conc.Block Cooling N Existing❑Roomed❑Und.Cons.Window Type D-Hunq Dampness N Minor Floor Concrete Central No Actual Age(ft) 42 StamyScreens Full Sedlement None noted Outside Entry None Other 1Window Unit Effective Age rs. 30 Infestation None noted Interior Descri Appliances ABic ❑None Amenities car Storage ❑None Fbors Carpet,VinyI,Lam.TiIe ReMgerator N Stairs ❑ Rreplace(s)# 1 Woodstove(s)#0 Garage #of cars( 2 Tat.) Wads DD2011 Range(Oven N Drop Stair❑ Patio Rear(brick) Attach. 0 Tdav9njsh Wood Disposal N Scuttle N Deck None Detach. 0 Bath Floor Vinyl Dishwasher N Doorway ❑ Porch Rear(enclosetl) Bli i Bath Wajnsdot Fiber Iass/C-file FaMHood N Floor ❑ Fence None Carport 0 Doors Wood Microwave N Heated ❑ Pool None Driveway 1 Washer err RMShed ❑Stoo From concrete Surface Concrete Finished area above grace contains: 7 Rooms 3 Bedrooms 2.1 Baths 1,892 Square Feet of Gross Lying Area Above Grade Additional features: See narrative addenda Describe the condition of tle property(including physical,functional and edemal obsolescence): No forms of functional or extemal obsolescence were noted dunng the inspection.See mumative addenda for additional details a CapyrWO 2007 by a bmode,a c.Iff tom may be w-woed unn ZwZwteratm pnm6sm haxrer,abmoo,nc.anal to adaioWedgel and crucial. RESIDENTIAL Fonn GPRE$2—WnTOTAL,appraisal sofivue by a la mode,Inc.—1-800-ALAMODE 32007 P 4 RESIDENTIAL AP PAoA SUMMARY REPORT Ratio.: 120093 My research did did not reveam transfers of the subject property for the three years prior to the effective date of this appraisal. Data Source 5: Deed attachetl/Eppel M1uaFList Service 1st Prior Subject Sale/Transfer Analysis of sale/trajefer history and/or any current agreement of salaaisling: The subject had no sales or transfers Date: within the past 36 months Each of the sales comps ables utilized for this report had no sales within the Price. Sources oast 12 months The informatiortfdas obtained was 'a me=al um-lust service tax re cords and deed 2nd Poor Subject Sale/Transfer Date: Price: Sources: SALES COMPARISON APPROACH TO VALUE If den 0 ad The Sales Com ar ison Approach was not devehDoed for this a raisal. FEATURE I SUBJECT COMPARABLE SALE#1 COMPARABLE SALE#2 COMPARABLE SALE#3 Address 5226 Royal Or 107 Cambridge Dr 104 Winston Or 105 Winston Or Mechanicsbu PA 17055 Mechanicsburg PA 17055 Mechanicsbu PA 17055 Mechanicsbu PA 17055 Probm to Subject 0.31 miles NW 0.32 miles NW Sale Price 0.32 miles NW E N/A S 150 000 S 144 900 E 154 900 Sale PriWGLA S /s .ft.$ 79.587 .h. $ 72.60/a .tt. $ 75.01/a .n. Data Source s DeedfTax CPML#10208591 CPML#10222903 CPML#10204543 VerNcabon Sources inspection DOM 212/MLS Data DOM 28/MLS Data DOM 1921MLS Data VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION +- $Adjust DESCRIPTION +- SAOust. DESCRIPTION +- SAdust. Sales or Fwmirp N/A Conventional Comentional FHA Concessions N/A $4500 $4347 $5737 Dame at Saw I ime N/A 12/29/2011 08/03/2012 10/032011 Ri hts PpRralsed Fee Simple Fee Simple Fee Sim le Fee Sim le site n Average Averse Averse Average Site 8 276 sf 8,712 at 8,276 at 8,276 at Mme' Residential Residential Residential Residential Dell n S le Spin Level Split Level Split Level Slit Level QuaNy of Construction Averse Averse Anna a Annette A e 42 39 52 45 Condition Avere e- Anna a -1 000 A" a -1 000 Avers a -t 000 Above Grade TOW Boras aft ToW Bd'ms Baths Tour Bdms BANS Tohl BMm Balls ROOM Count 7 3 2.1 6 3 2 +1000 6 3 2 +1000 7 3 1.2 Grass Ud Area 1 892 5 .fl. 1 885 5 .1t. 0 1 996 s .ff. -2 080 2 065 s .fl. -3 460 Basement 8 Fnished Partial Partial Crawl +2,000 Crawl +2,000 Rooms Below Grade Unfinished PR -500 RecRm PR -2.000 RecRm :91M Eum6onal Udf Av m a Averse Averse Average Heatin ootin EBB/No FP EBB/No 2FP -500 OFWA/CA -1 000 OFWA/C FP -2 500 Emr Efficient Berns Thermal Win. Similar Similar Similar Gera n R IC Garage 1 C Garage OH Street 11.50 OH Street +1 500 PorctuPaaryDeck Patio Patio Patio Patio Net Ad lamed + - S $ -1 580 + - $ ;AQ440 Adjusted Sale Price of Cam arables $ 149,000 $ 143 320 E Summary of Sales Comparison Approach All sales are closed transactions and the dates utilized are settlement dates not contract dates. Comps#1-3 are closed sales Comp#4 is a pending sale An of the Comps are located less than one mile from the subject Comp#4 had an adjustment for quality.All sales comp cables used have a similar effective age thus no adi ustments were made in this ceteaory Please refer to the supplemental addenda for additional remafks A complete and thorough search of the local multimicst services and/or public records was Conducted as of the effective date of this appraisal The search was for similar sales within a 12 month period and the neighborhood described herein for the like kind comparable sales with similar Me age gross l nq area fGLA)and condition.The very best available sales mere selected for this report Please see the comment addend for additional remarks. Indicated Value by Saks Companion A roach$ 149000 mRESIDENTIAL MAC mmpalamoar.Inc.Thlaae nmayxrwmaadunedrma wnnonwrimnpemr�ka, lulu.,,a ame&,he.=bemucowxadrdandaeaea. Form GPRES2—R6nTOTAL'appraisal software by a la mode,inc.—1-800-ALAMODE 32007 CEage#5 RESIDENTIAL APPRAISAL SUMMARY REPORT File NO. 120093 COST APPROACH TO VALUE If develo ed The Cost Approach was not develo ed for this appraisal. Provide ad uric information for replication of the following cost figures and calculations. Support for the opinion of site value(summary of Comparable land sales or other methods far estimating site value): Due to the lack of similar vacant lot sales in the subieci's immedbte market area,the opinbn of Ore site value was determned usug the sales ardraction method.The land-to-value ratio is typical for the subiecYS market area. `— ESTpdATEO 1 REPRODUCTION OR FULAGEMENf COST NEW OFRON OF SITE VALtE_......__.___.-...._............___...__._......=3 41000 Source Of cost data: NIA DWELLING .Ft.@$ ..,....=E final fast from COST service:NIA- Effective data of cost data:N/A Sg.Ft @$ ......._$ Comments on Cost Approach(gross living area calculations,depreciation,etc.): S .ft. $ =S Onlmmes of this ape.the Cost ApproachsrotarersbW source faa Sq.R @$ „=S vairre indicator due to the ddfi lty in dete(mirdrw depreciation aril .Ft @$ ,_$ obsolescence.Also not pertrxm'rro a comp) to Co t Approach is based =S on FNMA guidaline 641.419.An estimated cost for the lot was Gara e/Ca ort $ .FL @$ _$ determined utilizino the solos e#mc!'on method. _Total EstMate of Cost-New ._$ o Ed met dan 'c Fx =$ Depreciatedl Cost ofhkmvoments ____ ..............=$ — �—"AS-is"Valens of Site Improvements.__-_._._.___......-._.-.-....-_$ Estimated Remaining Economc We r uired: 30 Years INDICATED VALUE BY CO51'APPROACH.._„,,,, .......... _$ N/A INCOME APPROACH TO VALUE(Utleveb tae lncomeA roach was notdevelo ad iorthisa sisal. Estimated Monthly Market Rem$ X�kr =$ isd;CsW!afusbyIo—AW”— Summary of Income Approach(ncklding support for market mm and GRIM):T'he suigact prpperiy is boated in an area of oredom'xrantty owner occupied sinpie famiN homes in this parfkularrrea.the Income approach Is rwt meaninoful and has not been attired. PROJECT INFORMATION FOR PUOs a Ikeble The Sub'm Is art of a Planned Unit Development. Legal Name of Pm ect NIA Dwalbe wmmon ekmems and recreational faciROes: NIA lnktedVahmbr.SftC4mpu4mAppmoch$149DDO CostApproachfilidevelopecItS NIA IscoureAppereach(lidlenoperfilt NIA Final Reconciliation The subject property is bated in an area of predominantty awrmr oaarpied sinole famiN homes. to this particular area.the Income aoproaph is not meaningful and has trot been utilized. The coat approach is also not consWered to be reliable due to the subject's age and is not required under Fannie Mee gukleline Et41 4.19. THS appraisal is made®"as is", ❑ subject to completion per plans and specifications on the basis of a Hypothetical Condition that the improvements have been Completed, ❑subject to the following repairs or alterations on the basis of a Hypothetical Condition that the repairs or alterations have oven campkted,❑subject is the following required impaction based on the Extraordinary Assumption that the condition or deficiency does wt require alteration or repair: This report is also subject to other Hypotheliml Conditions and/or Extraordinary Assurriefifores as specified in the attached addemta. Based on the degree of Insp%*n of me subject property,as Indicated below,defined Scope of Work Statement of Assumptions and UmBing Conditions, and Apprabroes CenlRCatlons,my(our)Opinion of the Market Value(or other specified wine type),as defined herein,of the rest property that Is the subject of this report W S 149,000 ,as of: 09!2512012 ,which Is the elhaNe date of this seeps N Indicated above,this Opinion of Vakce Is subject to Hypothetical Conditions and/or F.xtraedrusy Assumptions Included M this report See a0actted addenda. A five and complete copy of thus report contains 39 pages,including ediibga which are considered an integral part of the report This appraisal report may not be property,understood without reference to the ird0rmation contained in the compete report Attached Exhibits: N Scope of Work 0 Ling CoId4atibcomns 23 Namenre Addendum ®Pi aph Addenda ®Sketch Addendum ®Map Addenda 123 Additional Saks ❑Con Addendum ❑Flood Addendum ❑Manus.House Addendum Hylesothdcal Conditions 0 Extraordinary Assumptions ®FNMA Form 1004MC ❑ ❑ Unit Contact Lee Elwood Reed Client Name: Lee Ehvood Reed E•Maik tereed2 ver¢on.net Address: 37 Bee stw;; Drive Dillsburp,PA 17019 APPRAISER SUPERVISORY APPRAISER Of required) or CO-APPRAISER Of applicable) C � Supervisory or u _.._. ., Ap riser renc un Co-Appraiser Name: C hope Landr sale Company: . {717)697-83% FaC (717)691-7985 Rruq: Fax E•Mad:lam,2uENandrea.com E-Mail: Date of Report(Signature): 10101/2012 Date of Report(Signature): Licenseor Certification#: RL139824 State: PA License or Certhcathm#: State: _ Designation: PA State Certfiod Residential Appraiser Designation: — — Egtkafen Career LuereseorCes 0 013 0726/3 Exismu n Data et License a CedHicatiat: iospecbon of Subject E interior E Erdaior ❑Exada Only ❑None Inspection of Subject: ❑Interior a E#erior ❑Edeiior Only ❑None Date of Inspection: 0 912 5/2 01 2 Date of Inspection: 92 RESIDENTIAL �°"�"to2ogralabm,le.lro ak�m� o ama�a�mdaad,spa,„e� Msnm.hw�r.abmea.brmenbeaehoMedadmdmtl� from GPRES2—'WInTOTAL'appraisal software by a Is mode,kc.—1-8t0•ALAMACf 312007 uizg ADDITIONAL COMPARABLE SALES Filislim: 120093 FUME SUBJECT COMPARABLE SALE#4 COMPARABLE SALE#5 COMPARABLE SALE#6 Address 5226 Royal Dr 701 Henry St Mechanksbu PA 17055 Mechanicsburg,PA 17055 P- N SttJ ct 0.51 urges W Saba Pace $ NtA $ 164900 S $ Sala I'nWGtA $ ! .tt,$ 98.40/s .R. $ /s .h. Data Sources Deed/Tax CPML#10228286 Ver0ication Source s Ins ection DOM 10/MLS Data VALUE AWJSTMENTS DEGCMFMN DESCRFnON +- $Ad' s? DESCRPiION +- $Ad' t DESGRP71% +- SAdust Sales or Foment N/A Listing ' Concessions N/A Unknown _ Data of Sale/Time N/A Pending Sale _ 4 RI Ms m!!2 Fee Sim a Fee Simple Loead� Avers a Average Site 8 276 sf 11 326 sf New Residential Residential DasI n S le S lit Level S I't Leval Ouai' N Cotatrucdml Avara Awraiee — A 42 49 Condition Avert e- Avert a -10000 Above Grade Total Bdms Baths Total Bdrms BANS Total Bdrms Baths Total Bdrms BANS Boom Court 7 3 2.1 7 3 2.1 Gross thing Area _I A92 SItL Sol. .tt. 855anent 8 finished Partial Partial Room Below Grade Unfinished RecRm -2,00 FOrw.onal Utility Avert o Average (lead WB EBB/No FP OHWBBINOFP E Eflidali tans T}xarmat Win. Similar Garage/Ca Garage/Carpita 1C Gara a 1C Gara e PonctiftoMeek Patio Sunroom -3000 Net Aeftaboarient TjEAjjMENW - Adea teal Sale Puce of Cam ableS $ 169.900 S E Summary of Sales Comparison AppmaCb A total of three(3)sales conaparables and one(1)pending sale was used for This report All were considered in the final reconciliation of value. C�RESa Copyeghto 2aW by a a rexv,mb,This form may be mpreeucee unudkd wahmt vadm permission,11 v .a la mo@,be.must be WeromNpN We Wow, IDENTIAL FonnGPSE$2.(AC)— WInTOTAL'appraisal software byais mode,inc.—I.80OALAMODE 3/7007 eonower/cliem NIA Supplemental Addendum File No.120093 MPM Address 5226 Royal Dr 611Y Mechaneabur rmy Cumbedam State PA L Gode 17055 Lender N/A SCOPE OF WORK In the appraisal of the subject property,the appraiser completed the following steps and analyses: 1. Laurence L.Furr has inspected the interior and exterior of the subject property,the neighborhood,and the comparable sales employed in arriving at the value estimates staled herein and has reviewed the analyses and conclusions that led to the final value estimation. 2. Gathered and analyzed data on regional,city and neighborhood characteristics. 3. Gathered pertinent data regarding the subject property,land sales,and recent improved property sales and rent com parables in the general market area. 4. Analyzed the site characteristics,existing improvements,existing and potential zoning,surrounding land uses, and supply and demand to establish the highest and best use of the site. 5. Analyzed the comparable property data to arrive at a probable range of value for the subject via the cost approach,sales comparison approach,and income approach.(See supplemental addendum for further details regarding the cost approach and the income approach). 6. Reconciled the results of these analyses into a final market value estimate. 7. In connection with this assignment,the appraiser interviewed and/or obtained information from one or more of the following sources(See supplemental addendum for further details regarding extent of data research): • Property owner • Zoning Department • Assessor's Office • Real Estate Professionals • Multi-List Services INTENDED USE The intended use of this appraisal report is to establish a market value of the subject property. INTENDED USER The intended user of this appraisal report is the client listed in the"Assignment"section of page 1 of this report.This appraisal report is prepared for the sole and exclusive use of the identified intended users and in accordance with the requests of said client. No additional intended users/third parties are identified by the appraiser.If other parties choose to rely on this report,the appraiser is not obligated to such parties,and it does not result in such parties becoming an intended user. Forth TADD—'WInTOTAL'appraisal software by a Is mode,ine.—1-800-ALAMODE P # DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale,the buyer and seller,each acting prudently,knowledgeably and assuming the price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby(1)buyer and seller are typically motivated;(2)both parties are well informed or well advised, and each acting in what he considers his own best interest;(3)a reasonable time is allowed for exposure in the open market;(4) payment is made in terms of cash in U.S.dollars or in terms of financial arrangements comparable thereto;and(5)the price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions'granted by anyone associated with the sale. 'Adjustments to the comparebles must be made for special or creative financing or sales concessions. No adjustments are necessary for those costs which are normally paid by sellers as a result of tradition or law in a market area;these costs are readily Identifiable since the seller pays these costs in virtually all sales transactions. Special or creative financing adjustments can be made to the comparable property by comparisons to financing terms offered by a third party Institutional lender that is not already involved in the propery or transaction. Any adjustment should not be calculated on a mechanical dollar for dollar cost of the financing or concession but the dollar amount of any adjustment should approArnate the markets reaction to the financing or concessions based on the appraiser's judgement. STATEMENT OF LIMITING CONDITIONS AND APPRAISER'S CERTIFICATION ASSUMPTIONS AND LIMITING CONDITIONS: The appraisers certification that appears in the appraisal report is subject to the following conditions: 1. The appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the title to it. The appraiser assumes that the title is good and marketable and,therefore,will not render any opinions about the title. The property is appraised on the basis of it being under responsible ownership. 2. The appraiser has provided a sketch in the appraisal report to show appm)dmate dimensions of the improvements and the sketch is included ony to assist the reader of the report in visualizing the property and understanding the appraisers determination of its size. 3. The appraiser has etramined the available flood maps that are provided by the Federal Emergency Management Agency(or other data sources)and has noted in the appraisal report whether the subject site is created in an identified Special Flood Hazard Area. Because the appraiser is not a surveyor,he or she makes no guarantees,express or implied,regarding this determination. 4. The appraiser will not give testimony or appear in court because he or she made an appraisal of the property in question,unless specfic arrangements to do so have been made beforehand. 5. The appraiser has estimated the value of the land in the cost approach at its highest and best use and the improvements at their contributory value.These separate valuations of the land and improvements must not be used in conjunction with any other appraisal and are invalid If they are so used. 6. The appraiser has noted in the appraisal report any adverse conditions(such as,needed repairs,depreciation,the presence of hazardous wastes,to)dc substances,etc.)observed during the inspection of the subject property or that he or she became aware of during the normal research involved in performing the appraisal. Unless otherwise stated in the appraisal report,the appraiser has no knowledge of any hidden or unapparent conditions of the property or adverse environmental conditions(including the presence of hazardous wastes,to)dc substances,etc.)that would make the property more or less valuable,and has assumed that there are no such conditions and makes no guarantees or warranties,express or implied,regarding the condition of the property.The appraiser will not be responsible for any such conditions that do east or for any engineering or testing that might be required to discover whether such condi ions east. Because the appraiser's rot an expert in the field of environmental hazards,the appraisal report must not be considered as an environmental assessment of the property. 7. The appraiser obtained the information,estimates,and opinions that were expressed in the appraisal report from sources that he or she considers to be reliable and believes them to be true and correct. The appraiser does net assume responsibility for the accuracy of such items that were furnished by other parties. B. The appraiser will not disclose the contents of the appraisal report except as provided for in the Uniform Standards of Professional Appraisal Practice. 9. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to satisfactory completion,repairs,or alterations on the assumption that completion of the improvements will be performed in a workmanlike manner. 10. The appraiser must provide his or her prior written consent before the lender/client specified in the appraisal report can distribute the appraisal report(including conclusions about the property value,the appraisers identity and professional designations,and references to any professional appraisal organizations or the firm with which the appraiser is associated)to anyone other than the borrower,the mortgagee or its successors and assigns;the mortgage insurer;consultants;professional appraisal organizations;any state or federally approved financial institution;or any department,agency,or instrumentality of the United States or any state or the District of Columbia;except that the lender/client may distribute the propery description section of the report only to data collection or reporting service(s)without having to obtain the appraisers prior written consent. The appraisers written consent and approval must also be obtained before the appraisal can be conveyed by anyone to the public through advertising,public relations,news,sales,or other media. Freddie Mac Fmm 439 6-93 Page 1 of 2 Fannie Mae Forth 10048 6-93 Landrea Appraisals-anww.landrea.com Fonn ACR DEFO—WinTOTAP'appraisal software by a la mode,ine.—1-000-ALAMODE APPRAISER'S CERTIFICATION: The appraiser certfies and agrees that: 1. 1 have researched the subject market area and have selected a minimum of three recent sales of properties most similar and proximate to the subject property for consideration in the sales comparison analysis and have made a dollar adjustment when appropriate to reflect the market reaction to those items of significant variation. If a significant Rem in a comparable property is superior to,or more favorable than,the subject property,I have made a negative adjustment to reduce the adjusted sales price of the comparable and.Na significant Rem in a comparable property is inferior to,or less favorable than the subject property,I have made a positive adjustment to increase the adjusted sales price of the comparable. 2. 1 have taken into consideration the factors that have an impact on value in my development of the estimate of market value in the appraisal report. I have not knowingly withheld any significant information from the appraisal report and I believe,to the best of my knowledge,that all statements and information in the appraisal report are true and correct. 1 1 stated in the appraisal report only my own personal,unbiased,and professional analysis,opinions,and conclusions,which are subject only to the contingent and limiting conditions specified in this form. 4. 1 have na present or prospective interest in the property that is the subject to this report,and I have no present or prospective personal interest or bias with respect to the participants in the transaction.I did not base,either partially or completely,my analysis and/or the estimate of market value in the appraisal report on the race,color,religion,sex,handicap,familial status,or national origin of either the prospective owners or occupants of the subject property or of the present owners or occupants of the properties in the vicinity of the subject property. 5. 1 have no present or contemplated future interest in the subject property,and neither my current or future employment nor my compensation for performing this appreisal 5 contingent on the appraised value of the property. - 6. 1 was not required to report a predetermined value or direction in value that favors the cause of the client or any related party,the amount of the value estimate,the attainment of a specific result,or the occumence of a subsequent event in order to receive my compensation and/or employment for performing the appraisal.I did not base the appraisal report on a requested minimum valuation,a specific valuation,or the need to approve a speedo mortgage ban. 7. 1 performed this appraisal in conformity with the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place as of the effective date of this appraisal,with the exception of the departure provision of those Standards,which does not apply.I acknowledge that an estimate of a reasonable time for exposure in the open market is a condition in the definition of market value and the estimate I developed is consistent with the marketing time noted in the neighborhood section of this report,unless I have olherwise stated in the reconciliation section. 8. 1 have personally inspected the interior and exterior areas of the subject property and the exterior of all properties listed as comparables in the appraisal report. I further certify that I have rated any apparent or known adverse conditions in the subject improvements,on the subject site,or on any site within the immediate vicinity of the subject property of which I am aware and have made adjustments for these adverse condition in my analysis of the property value to the extent that I had market evidence to support them. I have also commented about the effect of the adverse conditions on the marketability of the subject property. 9. 1 personally prepared all conclusions and opinions about the real estate that were set forth in the appraisal report.R I relied on significant professional assistance from any individual or individuals in the performance of the appraisal or the preparation of the appraisal report,I have named such individual(s)and disclosed the specific tasks performed by them in the reconciliation section of this appraisal report. I certify that any individual sc named is qualified to perform the tasks.I have not authorized anyone to make a change to any Rem in the report;therefore,N an unauthorized change is made to the appraisal report,1 will take no responsibility for R. SUPERVISORY APPRAISER'S CERTIFICATION: If a supervisory appraiser signed the appraisal report,he or she certifies and agrees that: I directly supervise the appraiser who prepared the appraisal report,have reviewed the appraisal report,agree with the statements and conclusions of the appraiser,agree to be bound by the appraiser's certifications numbered 4 through 7 above,and am taking full responsibility for the appraisal and the appraisal report. ADDRESS OF PROPERTY APPRAISED: 5226 Royal Dr Mechanicsburg PA 17055 APPRAISER: SUPERVISORY APPRAISER (only it required): Signature: _ Signature: Name: L e .Fu Name: Date Sig : 1 01/201 Date Signed: State C n#: RL139824 State Certification#: or State License#: PA Certified Res tlenfal Appraiser or State License#: State: PA State: Expiration Detect CerRficaROn or License:0613012013 Eviration Date of Certification or License: ❑Did ❑ Did Not Inspect Property Freddie Mac Form 439 G93 Page 2 of 2 Fannie Mae Form ID04B 6-93 Form ACR_DEFD—WnTOTAL'appraisal software by a la mode,inc.—1-800-ALAMODE M D .Z � FCC d N � C O > J � � a pNp o c O a ti+ N N W d W 'D 3 a�3�zz A'.� fmm z� o w —AC7p ., n p C7 N d m � ir2 z O S -4 X aoVO m 2 o p 3 X c 0 .I 1 s} i v � v N g 1 N O 0 a O r• O O O N �# Ql m Y °m G N D D to D nay"° p Q O c D WK ww brri`i C6 co co CL w Cm Z] -iD -iD -ID �o -ice T1^ Oz Oz OzT,ism ao v _XC R (nC NC 41C .'00� d 7C e N m 0 m rtl C)Cn O cn C.)Cn arti �„fl;; W G pG� o N O D o D D ' < m m m m a" o. r7 a Q { -i H ' 3 Dom, '+ N 4 :•an n o p < C m O O n D m g ET D P , n d N m D ,°p-x D D ' N , N y hgi G m A Sl■ RIM U � ^ - t0 N O k •{W 3 0D O V U U1 W U1 N m n C d J ADD N K dl M EA �itU4 ai A D O O Ol W A T A A A fA FA ®'r`"° a�+y D fD W J V V V O O O O (0 -yl v m O C to N N N N N W W W W W m m 0 N ♦O tO W W W W A m OI A CA Ln V" c S y A W W �D _W b m •� A A A O N N �` O y m e N ° k \ oa_ae xOsF Ile 0 U) Q \ \ Q \T ' Q E ) m X CD r \ (D � < c 7 ■ / ƒ { e 2 { k r - ; : 2 -CL ( - c to a / } / { \ 0 N) CL 3 = J ( § a, # d \ - - - Cl \ \ k \� \ \ j � �k} -0� k Z d 0 \ \ § « ! 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C . _ ym mm0 d m'� a�m r a C mo m » M e m s d Am0 Fn ura m.c Wmo ago o � a ". � m z aim S�.Q� �'c oym n cog M W m id ep= KM i �. m ym o m �w+ 0 m mow 7'CTb H M m .�. t_n de2Sc E4 No amp. r ❑ 3 �m rr n m m W m 5 m o. 0.a3 mom o `m < om ° cln m P ma: cm °-�' � �w M n 6 3 o -Q ur a mW � W m m OM vn ° ° ° m - m � m w 06 n OM m m W } x O .°. m 7 9 m 5 y LI El x � a OW m m �a Q m �•� � m � �, v � maw g.0 man v 4.:��.. ac m 0 mo ° ° a� m m" v n_ z • mo i7, C O N ry W 5 T Dr S 3 mm m m m ev m � � n»b m o A n a m z m 7n 96 H ° r�r m � �°' mom � � m A F ° m m F m as �� w W 90 39Vd dmiq _lVIONVNIJn TZ6LT9LLIL 7T :80 ETOL/ET/E0 METRO3801 Pton BANK Harri burg, PAr17111 m88metroba k.com 12/13/12 Diane G. Radcliff, Esquire 3448 Trindle Rd. Camp Hill, PA 17011 RE: Estate of: Grace E. Lenker Tax Identification Number: 209-12-5502 Date of Death: September 15, 2012 To Whom It May Concern: This letter is in reference to decedent account information you requested for the individual listed above. We are able to provide the following: Account Type:CK, Revocable Living Trust DTD 12-14-04 Account Number: 82000134 Date Opened: 09/29/1997 Date Closed: 09/20/2012 Primary Owner: Grace E. Lenker Secondary Owner: Lee E. Reed, Trustee Date of Death Balance: $ 53,450.52 Please feel free to contact me at (717) 412-6127 if I may be of further assistance. Sincerely, __ ._ "/'� Jennifer Jacobs Research Associate Metro Bank