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HomeMy WebLinkAbout07-29-13 _� � � 1505610140 REV-1500 EX �°,-,°, OFFICIAL USE ONLY PA Department of Revenue Coun Code Year File Num6er 1 I �� Bureau of Individual Taxes ' h ao sox zaosoi INHERITANCE TAX RETURN 2 1 1 2 � Harrisburq,PA 17128-0607 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW SOGIaI SeCUfity Numbef Date ot Death MMODYYYV Date of Birth MMDDriYY 1 0 2 8 2 0 1 2 0 9 0 3 1 9 3 4 DecedenYs Last Name Suffix DecedenYs First Name MI E D R I S M A R V I N J (If Applicable)En[er Surviving Spouse's Informa[ion Below Spouse's Last Name Suffx 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 priorto 12-13-82) � 4. Limited Estate � 4a. Future Interest Compromise(date of � 5. Federal Estate Tax Return Required death after 12-12-82) ❑X 6. Decedent Died Testate [� 7. Decedent Maintained a Living Trust 0 8.Total Number of Safe Deposit Boxes (Attach Copy of Wilp (Attach Copy of Trust) � 9. Lifigation Proceeds Received � 10. Spousal Poverty Credit(date of death � 11. Election to tax under Sec.9113(A) between 12-31-91 and 1-1-95) (Attach Sch.O) CORRESPONDENT•THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED T0: Name Daytime Telephone Number I V 0 V • 0 T T 0 I I I 7 1 7 2 4 3 3 3 4 1 REGISTER OF WILLS USE ONLV � _. � w ^� i rS �-•i t'tF �,) First line of address A c_ � � c_ M A R T S 0 N L A W 0 F F I C E S � � � �� S �' --j L� ia ^ N C'Y'. ;�1 Second line of address ^' � �-� "-� _ rr� - , c, c.: 1 � E A S T H I G H S T R E E T ' r.; �- �' -*� �`5 - -.ry City of PoSt Office State ZIP Code �y - ' DATE FILED"` � .:' �� f—' R C A R L I S L E P A 1 7 0 1 -3 —` - `.,� � � � '� CorrespondenPs e-mail address: IOTTO(u�MARTSONLAW.COM Under penafties of perjury,I declare that I have examined this return,including accompanying schetlules ana statements,and to the best ot my knowledge and beliet, it is true,correcl antl complete.Declaration of preparer other than the personal representative is based on all information of which preparer has any knowletlge. SlGfyp,TUR�OF PER�N RESPONSIBL�EAFq=FILING RETURN ����I �I ^ �Xl �JLw.0 C J ADDRESS � 16 AKEN EE RIVE CARLISLE PA 17015 SIGNA RE P THERTH PRESENTATIVE �'��aOI✓ ADDRES �� �� � � 10 EAST HIGH STREET CARLISLE PA 17013 PLEASE USE ORIGINA�FORM ONLY " Side 1 � 1505610140 150561�140 J 1505610240 REV-1500 EX DecedenPs Social Security Number oeceaenrsrvame: MARVIN J • EDRI$ RECAPITULATION 1. Real Estate(Schedule A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1. 1 5 � 0 � � � . 0 � 2. Stocks and Bonds(Schedule B) . . . . . . . . . . . . .. . . . .. . . . . . . . . . . . . . . . . . . . 2. 2 7 B 9 . 1 5 3. Closely Held Corporetion, Partnership or Sole-Proprietorship(Schedule C) . . . . . 3. • 4. Mortgages and Notes Receivable(Schedule D) . . . . . . . . . . . . . . . . . . . . . . . . . . 4. • 5. Cash, Bank Deposits and Miscellaneous Personal Property(Schedule E). . . . . . . 5. 2 8 L 1 7 , 3 3 6. Jointly Owned Property(Schedule F) ❑X Separate Billing Requested . . . . . . . 6. 1 1 2 5 0 0 . � � 7. Inter-Vivos Transfers&Miscellaneous Non-Probate Property � (Schedule G) � Separate Billing Requested . . . . . . . 7. � � . Q 0 8. ToWI Gross Assets(total Lines 1 through 7) . . . . . . . . . . . . . . . . . . . . . . . . . . . 8. 1 6 4 3 4 0 6 , 4 8 9. Funeral Expenses and Administrative Costs(Schedule H) . . . . . .. . . . . . . . . . . . 9� 5 2 5 3 1 . 5 2 10. Debts of Decedent, Mort a e Liabilities,and Liens Schedule I 10. 1 6 4 8 . 8 � 9 9 � ) . . . . . . . . . . . . . ��, 7otal Deductions(total Lines 9 and t0) . . . . . . . . . . . . . . . . .. . . . .. . . . . . . . . 11. 5 4 1 8 � . 3 2 12. Net Value of Esta[e(Line 8 minus Line 11) . . . . . . . . . .. .. .. . . . . . . . . . . . . . 12. 1 5 8 9 2 2 6 . 1 6 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. 1 5 8 9 2 2 6 . 1 6 TAX CALCULATION•SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate,or trensfers under Sec.9116 (a)(12)X.0 _ 0 . � � 15. � . � � 16. Amount of Line 14 taxable at lineal rate X . _ 0 . 0 � �g. 0 . 0 0 17. Amount of Line 14 taxable atsiblingrate x.�z 1 4 7 6 2 2 6 . 1 6 ��. 1 7 7 1 4 7 . 1 4 18. Amount of Line 14 taxable atco��atera�rate x.�5 1 1 3 0 0 0 . 0 0 �g. 1 6 9 5 0 . � 0 19. TAX DUE . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . 19. 1 9 4 � 9 7 . L 4 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT ❑ Side 2 L 1505610240 1505610240 J REV-1500 EX Page 3 File Number DecedenYs Complete Address: zi �2 i�s6 DECEDENT'S NAME MARVIN J. EDRIS __ _ STREETADDRESS 9 WALNUT LANE CITY STATE ZIP MECHANICSBURG PA 17050 Tax Payments and Credits: ��� i9a,o9z�a 1. Tax Due(Page 2,Line 19) 2. CredltslPaymenis 85 000.00 A.Prior Payments B.Discount 4,473.55 Total Credits(A+g) �p) 89,473.55 3. Interesl (3) 4. If Line 2 is greater lhan Line 1 +Line 3,enter the difference.This is the OVERPAYMENT. Fill in oval on Page 2,Line 20 to request a refund. (4) 0.00 5. If Line 1 +Line 3 is greater than Line 2,enter the difference.This is the TAX DUE. (5) 104,623.59 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 lhe use or income of the property lransferred: ...................................................................... � � b. retain the right to designate who shall use the propedy transferred or its income: ............................... c. retain a reversionary interest;or ........... ... . .. . ........ . .............................................................. ❑ 0 d. receive the promise for life of either payments,benefits or care? ....................................................... � � 2. If death occurred after December 12,1982,did decedent lransfer property within one year of death ❑ ❑ without receiving adequate consideration? ....................................................................................... 3. Did decedent own an"in trust for"or payable-upon-death bank accounl or security at his or her death? ......... ❑ ❑X 4. Did decedent own an individual relirement account,annuity or other non-probate property,which contains a benefciary designation?.................................................................................................. ❑ X❑ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES,YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. For dates of dealh on or after July 1, 1994, and before Jan. 1, 1995,the lax rate imposed on the net value of transfers to or for the use of the surviving spouse 3 percent[72 P.S.§9116(a)(1.1)(i)]. For dates of death on or after Jan. t, 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)(t.t)(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 retum are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: • The tax rate imposed on the net value of transfers from a deceased child 21 years of age or younger at death to or for the use of a natural parent,an adoptive parent or a stepparent of the child is 0 percent[72 P.S.§9116(a)(12)]. • The tax rate imposed on the net value of transfers to or for the use of the decedenYs lineal benefciaries is 4.5 percent,except as noted in 72 P.S.§9116(1.2)[72 P.S.§9116(a)(1)1. • The tax rate imposed on the net value of transfers to or for the use of the decedenYs siblings is 12 percent[72 P.S.§9116(a)(1.3)j.A sibling is def ned, undE Section 9102,as an individual who has at least one parent in common with the decedent,whether by blood or adoption. REV4502 EX+(0140) pennsylvania SCHEDULE A DEPARTMENT OF REVENUE REAL ESTATE INHERRANCETA%RETURN RESIDEN7 DECEDENT ESTATE OF: FILE NUMBER: MARVIN J.EDRIS 21 12 1186 All real propeRy owned solely or as a tenant in common must be reported at fair market value.Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller,neither being compelled to buy or sell,both having reasonable knowledge of the relevant facls. Real property that is jointlyowned with right af survivorship must be disclosed on Schedule F. Attach a copy of lhe settlement sheet if the property has been sold. ITEM Include a copy of the deed showing decedenPs interest if owned as lenant in common. VALUE AT DATE NUMBER OFDEATH DESCRIPTION 1. Real estate located at 850 Mulberry Dr., Silver Spring Twp.,Cumbedand Co.,PA,known as Tax 1,500,000.00 Parcel No. 38-08-0565-006&being described in Deed dated 4/26/1996 and recorded in Cumberland Co.,Deed Bk. 138, Pg. 542,and being conveyed to M. John Edris, decedent herein. See attached Deed and Appraisal. TOTAL(Also enter on Line 1,Recapitulation.) $ 1 500 000.00 Ii more space is needed,use addi6onal sheeLs of paper of the same size. REV4 503 EX+(6-98) r SCHEDULE B COMMONWEALTHOFPENNSYLVANIA STOCKS & BONDS INHERITANCE TAX RETURN RESIDENTDECEDENT ESTATE OF FILE NUMBER MARVIN J.EDRIS 21 12 1186 All property jointty-owned with right of survivorship must be disclosed on Schedule f. � ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH �, 233.645897 shares Coming, INC.,Com CUSIP 219350105 2,789.15 See attached valuation TOTAL(Also enter on line 2,Recapitulation) $ 2 789.15 Qf more space is needed,insert additlonal sheets of the same size) REV-1508 EX+(1140) pennsylvania SCHEDULE E OEPARTMENT OF REVENUE CASH, BANK DEPOSITS, & MISC. INHERITANCETAXRETURN pERSONAL PROPERTY RESIDENT DECEDENT ESTATE OF: FILE NUMBER: MARVIN J.EDRIS 21 12 ll 86 Include the proceeds of litigation and ihe date the proceeds were received by the eslate. All property jointly owned wNh right of survivorship must 6e disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. Citizens Bank checking 3,075.56 2, ECN Insurance Group,refund 207.00 3. US Treasury,201 I ]040 refund ]4,746.00 4. 1957 Farmall,Mode1400 tractor,specifically devised to William G.Doniker 500.00 5. SERS, death benefit 1,759J7 6. US Treasury,2012 ]040 refund 7,426.00 7. EMC Insurance Group,refund 403.00 TOTAL(Also enter on Line 5,Recapitulation) $ Zg ll 733 If more space is needed,insert addi�onal sheets of paperof the same size REV-1 W9 EX+(0140) pennsylvania SCHEDULE F OEPARTMENTOFREVENUE ,JOINTLY-OWNED PROPERTY INHERITANCE TAX RETURN ftESIDENT DECEDENT ESTATE OF: FILE NUMBER: MARVIN J. EDRIS 21 12 1186 If an asset was made jointly owned within one year of the decedenPs date of death,it must be reported on Schedule G. SURVIVING JOINTTENANT(S)NAME(S) ADDRESS RELATIONSHIP TO DECEDENT q. William G.Doniker 9 Walnut Lane Friend Mechanicsburg PA 17050 B. C. JOINTLY-OWNED PROPERTY: LETTER DATE DESCRIPTION OF PROPERTY %OF DATE OF DEA7H ITEM FORJOINT MADE INCLUDENAMEOFFINANCIALINSTITUTIONANDeANKACCOUNTNUMBERORSIMILAR DATEOFDEATH DECEDENT'S VALUEOF NUMBER TENANT JOINT IDENTIFYINGNUMBER. ATTACHDEEDFORJOINTLY-HELDREALESTA7E. VALUEOFASSET INTEREST DECEDENT'SINTEREST 1. A. 0312009 Real estate located at 9 Walnut Lane,Silver Spring Twp., 225,000.00 50. 112,500.00 Cumberland Co,PA,known as Tax Parcel No. 38-12-0287-002 &being described in Deed dated 3/17/09,&recorded in Cumberland Co.,Deed Bk. at Instrument No: 200907997& being conveyed to M.John Edris& William G.Doniker as joiot tenan[s with rights of survivorship. See attached Deed and tax assessmenk 0.00 TOTAL(Also enter on Line 6,Recapitulation) E 112 500.00 Ii more space is needed,use atlditional sheets of paper of the same size. REV-1511 EX+(�0-09) pennsylvania SCHEDULE H DEPARTMENT OF REVENUE FUNERAL EXPENSES AND INHERITANCETAXRETURN ADMINISTRATIVE COSTS RESIDENT DECEDENT ESTATE OF FILE NUMBER MARVIN J. EDRIS 21 12 ]186 Decedenfs debts must be repoAed on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERALEXPENSES: 1. g. ADMINISTRATIVE COSTS: 1. Personal Representative Commissions: Name(s)ot Personal RepresentaCrve(s) Street Address City State ZIP Year(s)Commission Paid: . p Attomey Fees: Martson Law Offices(estimtated) 48,305.00 3, Family Exemplion:(If decedenPs address is not the same as claimanPS,attach explanation.) Claimant StreetAddress Ciry Stale ZIP Relalionship of Claimant to Decedent 4. Probate Pees: Cumberland Counry Register of Wills 361.50 5 Accountant Fees: 6. Tac Retum Preparer Fees: 7, Filing fee,lnheritance Tax Return 15.00 8. Additional Probate Fee 850.00 9. Sentinel,advertising Letters Testamentary 200.16 10. Cumberland Law Joumal,advertising Letters Testamentary 75.00 11. UPS Services 45.90 �2, William L. Shearer,Jr,Prudential Homesale Services,appraisal fee 800.00 13. EVP stock valuation 1.55 14. Certified mailing 6.3] 15. Deed copy 0.46 16. Short Certificate 5.00 17. Debra Weist,Real Estate tax pending disposition of real estate 48331 18. Computershare, Surety Bond fee for replacement certificate 101.99 TOTAL(Also enter on Line 9,Recapitulation) $ 52 531.52 If more space is needed,use additional sheeGS of paperof the same size. Continuation of REV-1500 Inheritance Tax Return Resident Decedent MARVIN J. EDRIS 21 12 1186 Decedent's Name Page 1 �File Number Schedule H -Funeral Expenses 8 Administrative Costs -67. ITEM NUMBER DESCRIPTION AMOUNT 19. Estate checks 25.20 20. Debra Basehore Wiest,2013 School Taxes pending disposition of real estate 1,255.14 SUBTOTAL SCHEDULE H-B7 1,28034 REV-1512 EX+(�2-08) pennsylvania SCHEDULE I DEPARTMENTOFREVENUE DEBTS OF DECEDENT� INHERITANCETAXRETURN MORTGAGE LIABILITIES, &LIENS RESIDENT DECEDENT ESTATE OF FILE NUMBER MARVIN J.EDRIS �� �� �186 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. West Shore EMS,account payable �34•�g 2. West Shore EMS,account payable 1,007.62 3. Holy Spirit Hospital,account payable 492.00 4. Hershey Medical Center,account payable 15.00 TOTAL(Also enter on Line 10,Recapitulation) 8 1 648.80 If more space is needed,inseR addilional sheeGS of the same size. REV4513 EX+�0740) pennsylvania SCHEDULE J DEPARTMENT OF REVENUE BENEFICIARIES INHERITANCE 7AX RETURN RESIDENT DECEDEM ESTATE OF: FILE NUMBER: MARVIN J.EDRIS 21 12 1786 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S)RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE � TAXABLEDISTRIBUTIONS [Inclutleoutrightspousaltlistributlonsantltransfersunder Sec.9116(a)(1.2).] 1. LLoyd J.Edris Sibling 1,476,226.16 1S Makenzee Drive Carlilse, PA ]7015 2. William G.Doniker Collateral ]13,000.00 9 Walnut Lane Sch. F,Line 1 Mechanicsburg,PA 17050 Sch. E,Line 4 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18 OF REV-1500 COVER SHEET,AS APPROPRIATE. II. NON-TAXABLE DISTRIBUTIONS: A.SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN: 1. B,CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS: 1. TOTAL OF PART ll-ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEE7. $ If more space is needed,use additional sheets of paper of the same size. s ; ;�j �� � ' �'." - � —� � . .. _ - �� � , . . y , ,p { LAST WILL AND TESTAMENT 3 � I , OF �. MARVIN JOHN EDRIS I, MARVIN JOHN EDRIS, also known as M. JOHN EDRIS, of the Township of Silver Spring, County of Cumberland and State of Pennsylvania, being of sound and disposing mind, memory and understanding, do make, publish and declare this iny Last Will and Testaznent, hereby revoking and making void any and all prior VJills by me at any time heretofore made. 1. _ . I direct the payment of all my just debts and funeral expenses as soon after my decease as the same can be conveniently done. 2. • I give, devise and bequeath premises numbered 9 VJalnut Lane, containing : approximately two (2) acres of land and situate in Silver Spring Township, Cumberland � County, Pennsylvania,which I purchased at a Tax Sale and as described in a certain Deed j registered in Deed Book A, Volume 24,Page 22, tQWILLIAM E. DOriICKER, SR, absolutely and unconditionally. � � i4 _ 1 _ i �. � I � : ! . .. , � . � . ; . � -------------_ � -.- �- ----- j , , . � , �. �... 3. i� � f : I give, devise, and bequeath a certain tract of land situate adjacent to premises 4 i ` numbered 9 VJalnut Lane, above, containing approximately 0.99 acres of land and known � : E as Lot.No. 3 on a certain sub-division Plan prepared for me, which said tract is also S F . located in Silver Spring Township, Cumberland County,Pennsylvania and as shown in � Plan Book 72, Page 20, which was part of land that I inherited &om my mother, �. ,, � LITELLA G. EDRIS,to WI�.LIAM E. DOrTICKER, SR., absolutely and '` unconditionally. �"� }' 4. f- - r �°.� I give and bequeath my 1957 Farmall Tractor, Mode1400, with all accessories, to � �. � �� WILLIAM E. DOrTICKER, SR, absolutely and unconditionally. i. � . l:` 5. I�� G , `' I give and bequeath the sum of One Hundred Thousand ($100,000.00)Dollazs to f � , WILLIAM E.DOHICKER, absolutely and unconditionally. �' '� . , 6. ;c ! ' ; I give, devise and bequeath all the rest, residue, and remainder of my estate, real, � € personal and mixed, whatsoever and wheresoever the same may be situate, to my brother, i � i LLOYD J. EDRIS, absolutely and unconditionally. �. f . ,, ft ' . , ,=. _ 2 _ f, �: LASTLY, I nominate, constitute and appoint my brother, LLOYD J. EDRIS, Executor of this my Last VJill and Testament and direct that he be excused from posting bond or other security for the faithful performance of his duties in any jurisdiction. IN WITNESS VJHEREOF,I have hereunto set my hand and seal this �Gr'`'`day of July, A. D., 2002. '�,„. (�.L., �L,.... (SEAL) Marvm John Edris _ _ � �;�:.. . Signed, sealed, published and declared by the above named,l�YARV'IN JOFIN EDRIS, as and for his Last Wil1 and Testament, in the presence of us,who have subscribed our names hereto as witnesses, at the request of said Testatrix, in his presence and the presence of each other. � �, . , .. - 3 - E • . . - .. . . . .. ' . . - . , • - `.' ,.:.. . . ' ' - . . .. . . (.� i �".; I'. h f„' "=� COMMONWEALTH OF PENNSYLVANIA) �;.. t;� : SS COUNTY OF CUMBERLAND ) �� I, MARVIN JOHN EDRIS,the testator, whose name is signed to the attached or foregoing instrument,ha�ing been duIy qualified according to law, do hereby acknowledge that I signed and executed the inshvment as my Last Will and Testament; that I signed it willingly, and that I signed it as my free and vqluntary act and deed, for , the purposes therein expressed. �; ,�•.t�Q. �� (SEAL) Marvin John Edris ?.4 ��a Sworn and subscribed to before me , . thi ���day of Jul , 2002. o-. '������ �.� � ��r�..� � : , . i ��� Notary Public �; - rae�sed ��: , MpelaK.vemar.WomryPibNo k MeAirrwWrp 8ao.CunCe�nOOanry I',; MYCmmle�bn i�Yes M�c 2i,2006 . MenY�Br.PanryMaiiAa�oriaUOn0ltUfa�ies ���'�' - .,.. �;' :; b' I; 4'., -4- �`:' � ' ' � COMMONWEALTH OF PENNSYLVANIA ) . : SS COUNTY. OF CUMBERLAND ) We, the undersigned, J. ROBERT STAUFFER and JOHN M. EAHIN, the witnesses whose names are signed to the attached or foregoing instrument, being duly � qualified according to law, depose and_say that we Were present and saw the within, testatrix, MARVIl�T JOHN EDRIS, sign and execute the instrument as his T.ast Will and Testament; that the said testator, MARVIN JOHN EDRIS, executed it as his voluntary act for the purposes therein expressed; that each of us, in the hearing and sight of fhe testatrix, signed the Will as witnesses; and that, to the best of our knowledge, the testator was, at the tnne, eighteeu(18) or more years of age, of sound mittd, and under no constraint, duress or undue influence. , i � Jdl Sworn and subscribed to before me thi /C l k day of July, 2002. �. / .. 1 � "/L' � Notary b ic r�s«r �argela K vemar.�lole�y i'��lo 5 ` ��T�0.GmherlandGU+/�!y My Cdrrrissian Expiies AAar.27�2006 � MembecPortmykarieASto�iaGartOfnldaAes i � ,�y THIS DEED� �P � Pa�� 3� os�� Made the �G� Eay of Apnf. 1996, DETWEEN�loye �. eerie ae one-�alE Canm[-in-common owner, md Shirley M. Edrie. Aie wife, of Mo�nt Holly SprSnpe, CumOerland Cowty, PeMaylvanle, h<rcin deal8�+ed at the Granbq. ' AND n. soM 6Arle, eeult LnClvidual, of 613wr SDrinq Tormehtp. Cw�bevland Coun[y. Pewaylvmin, hertln dtllgmltd m fhe CrvnbY, WITNBSSBTH,�M�Poe Gmnmrs,jor ad N connderarlan oJ ----- one IS3.00) oocwt law/ul monry oJ lhe Unimd Smrn of America,ro rM Granron in Mrd well ond rruty poid by fhe Cmnfee,a!or beJort!ht rtalfng wd ddlwry oJfhesr prcs�nu,rhe rccelp(whercof Lr hneby acknowled;rd and Nu Grunlors belnd tMmvRh fully rarlsfieQ do by Mat prt.rmv drant,bargdn, se(I and convry unra the Crantre Jonver,a oru-MlJferom-in-rommon Inttitn In. ALL THOSB CERTAIN Tracl.r or PorcrG of kM ad prcmue.r,,riman,lying ond being In rM1r Townahip oJ S(Ivsr Spnnd!n the Counry oJCimberfand aid Commonwea4h of PeMry(wnia morc paniculady drxnbed aa Jal(ows TRACT NO. 1 ' -�• BEGlNNfNG al a point on fhe ccnrorlfne oJ Woodr Drive, 2fl6.55 fret North of flu lnlerzenian nf Woodr Orivc pnd Mulbtrry Drive;thtncc.South SS degreex 24 minu(n OS .rocond.r Earr,o dirtwce of l670.34 fec!ro a poinC(hence South 34 degrea 26 minuies 30 s<condr Wa6 a d'uJOncr of 350.10 fecr�o a pofnfi lhence SoulM1 35 degrcet?3 minutes 30 Jaondr Eas(,o distaue of 139.21/aef fo a poinr, thcnce,Soufh 35 degnu 00 minufcr 00 seconQr Wab a di.rfancc of!I54.42 Je<(m a painr, thence,North 66 degreu 30 minufu 00 .eecon0,r Wea�,a dUmnce of 346.45 fem ro a poinr, rhmce, Norfh SS degrru QO minutes 00 seconds Wut,o d'umna of 819.58 fee�m a poinf; �hmte,North 30 degrtca 40 minurcs 00 atcondr Wesl,a d'ufant<of 574.46 fn1 m a poinf on lAe ctnterline nJMulherry Drivc, rhence,alartg!de«nres[(ne ojMu(berry Onve,NonM1 59 degrees 10 minuter 00 ttcondl Fq�n, o dirtance of 26fl.l1 fcer ro o point: thence.Narth 34 degreu/9 minutea 16 xconds Wrsr, a Aiamnce n(4783!fea ro a point:thencr,Nor�h 49 degrcu 22 minwes 25 secands Eas6 a diliance of 932.23 jea ro a point roid poinr beirtg tlm place of BEG(NNlNC. COCICAININp ],]SI,103.9 eq. ft. os 6].1566 acrea. BE1NG Lot No. 1 ee s�ovn on a cerCaln Pinel Subdivieion Plan for Fdrie Tanct dated PebNery 23, 1996, eald Plen belnp secorded concurrently harewieh in Ne Office oE che Rewrder of oeeda in end foz Cumberlend Comty, nevneylvania. RNIS CQNVBYAlCS, IS EXCLUDdD PRpM P6MlSYLVANIA ABV.TY TRANSl&R TAX PURSUANT 90 l3 P.S. SB102.-C.3f61 AS BSZMi A TRANSPSF HEINSffii BROTNSAS. 6�aK 138 �ncr 52q '"'�, 5c1�. R , -s�e� I TBdCT No. 2 BEC/NNfNC ar o po(n1 Sou�h 30 degrcta 37 minutu 15 recondr Wal,o d'uronce o/I25.00 , /ett from Ihe ctnterfln[oJWolwf Lcnt;lhentt,South 31 degrt�i 57 mfnuf[t 1S recondr Wal,a dirranre of 29.99�cn ro n poinY, lhenre North 6!deg�ret 30 minutci/8 recond� Wut,a dlrmnce of 321.39 Jert ro a point lhence, on o turve turving ro Iht!e/t MvMg a radius ofTYS.00Jre!ond an orr dittunct oJ89.01 jetr ro o yotnr, Ihente,North 76 degrrrr 36 minurca 30 recoMs Enrr,o&.rfance of/21.79 Jetl fo o point;fhrnce,Nonh 31 drgrca 16 mirturci 30 rccondt Earp c dlatance c/lp.y6 f«r ro a poinp rhence, SoulA SS degnu 33 minu�e.r 30 mondr Enr6 a d(ttonce of H.I!fet+m a polnr, rhente.Sourh 30 degreet 57 minu�rr 23 naondi Wexf,o dirrcnct oJ I95.00 feet ro o poini;lhenct,South SS degreu 33 minuuJ 30 ncond.r Enrt,u d'u(onre oJ IS1.77 Jrn m o polnr,.reld polnr being!he pluce of BEClNN/NG. COMMNIIA U,]p9,�� eQ. Lt. or 0.992� eeret. 9EIx0 ta[ No. J e� eAOVn oo � cer[eln �1ne1 6uEALvi�ion Plen [or 6dris ltect deteE PeDxueiy 7I, 1996, eaSA ➢lan beinQ rxorded eoacur�ently �erewLN 1n Ne Ottice of che RaeorAar aE Dey� ln anA Ler Clmberlend County, peiwrylvmi�. N6IN� pert of Ne eam� Dresl�e� M�Set� 111freE B. p�pp �p� �. �l� lfe, by thelr De�A y[aE April ], 1951. �oA rxerGed So Ne O(Lice of t�e RatorA�c o[ oeeN ln eod [oi ClmiberlenA Couvty ln DeeA gnok p, Volumo 1�, Pnpe ��d• 9T°^�°d °na ���eveE �u+to JoM N. Ldr1e mC Lu�IL edris, hL v1te. �che � aeiG JoM N. gdrl� ASW on p�tober �, 19'/9, nurvlveA by hi� �1[�, W�lle � E0z1e, Sn vhem pltle [o a�lA D��lea� veeted yy eyeistlou ot l�w u �urvlvinp cemnt by Ne antirotle�. ME M�ru�, W�lle ¢drl� hevS�p Aled an Svly lB, 198], py virtue ot e e�r[�lq Deeree �werdlnp p��l G�tete encereA Oy efie Cwr[ of Common pl�e� of C1mib�rland Councy rn Nov�ber ], 1990 mC racordeA Sn cM Otllc� oL AeeorC�r of Ceed� Sn en0 [or �umberlenE CounCy et eook Ml�, Vepe 698, CStl� Co aald Dr�m1��� M� pey� p�y��y e'M eonveyed unco L1oyA J. BE[le enLL N. JoM 6Crf�, a� Cenent� ln �pmpn. T�e eeld Shlrl�y M. Pdrl� joln� ln N�� comryenee Go Ccma[er my rtyhL [t[l� an0 inteae�t �he lu� Sn eeld • yzoyerty by vlrtue o[ Mr marrlap� to L1oyE J. gdr��, 7YN,ST9SR wlm d�a,re,w.w,rn,n.uaaax�^wmwmmu.+m.woadc�mnn.wm..rm.u,.adna. li6rrt/o.pdNleQu.hrrrdi�amrnu wd aypnlrmnto b!Ar�t brfm�/n;or!n onrwla appnalnfnf:anA�he r�rinbn aM rtvtqbiv.reme/Mrr and rtmvindtn.rcmp Jpv;wp pn/yt llurrof,md of mry pan and parzA Iheno%'AND a/m aG rM urNr.Mfh4 N!!�.lnttnn.�tt.pauylon,pnp�y.�.ytm aM Armm�d �ram o/rM Gmntan bmh In law eMln eqY17.pf in oM ro Ou prrm4n IuMn dunfbeE ard nrry pvn aM poird rhrreof wlrA ihe apyvrtewn�ri. Tp HAVE,WD TO N011l all dn`rYr Mr prtm4n heiNn AunfGArorerMr wirb iAi henQlmnwnu and appYrtmontu wo rAr G�wlee aM ro Craninl propr�ie and b�nrJfr/orcrn. AN�rhr Grvnbn mrimn�der.vcryr m�Dt Arrtln ar/onh,iAry Cp yW wq!(�'��l{�R SPECIALLY WARRAM'AND OBPBND rne lmiea aid pnm4�r,M.edlru�rcm�ane appurtemn�u Mrrb)ronrejrd adcinn rM Gramm�. /n df b mrc�r Mnq lo anY Port�prmrv.rM�tr�or roryviofbu.Mr ve oJany panku/o. /rnd�r or rM pluml ar rinfrla�nvmMr 4 ImiM`d b b�(Ws rb eypmpr(m�grndsr or nYmber m ihi irn nJ �Ae wlrh/n livvumm�rm�iiyyln. Wlurtver in ihlr Wrnmm!anr perry�hp4 be duldmitd er mJsrrrd ro 67 nrtm�nr amrrvl re/ertnn. ' neh duifnarbn G ierrMtd ro oM tAall Aars!M mm�edm m�f�Ar xorQ''hNn.urcv�ar;aAminirrmm�. perional or Irdel irynunla�iw;rutrrupn wd attlQv"hod bsen lruirted a/Irr ratA aM ntry rx�A de�l;natlrm. D001! �3Fy PAG[ SZ�j � /N WITNESS WH6XEOF�the Grmunrt have hertun�o xt thdr handr and xalr,ar iJ a corporotion,ti ha.r cawrd thert Prnmu fo be slgrud 6y irr proper corparau o�cerr and tn co7romta xa/ro bt aBL�ed hereia,fFe doy adYev ftm aDove wnttea S1GN6D�S8Af8D wd DSIJVEFBD In IM7menn o/ . . ar A7TSST8O!) �'y,2� s.�°- a.,6b� —(„Q..,e A. fe,:. !{,pY{1 .6D� V � � �., �. .(1/ .�,� i � � J SN7RUY M.$O{�S \ 1 COMMONWEALTH OF PENNSYLVANIA, COUNTY OP �C1.y�.+- :sa. 88 IT REMBMBERBD� rMr on �P✓1 I q�,19�(.befon me ihe.+vbxnber personoqy appeortd L1oyC �. 6Crii snd 9hizlry M. 6dti�, hu�bavC anA wlEe, known ro me(or iaJlaJxrorily proven)ro be tM penu�.�wMx namrr on xubxn6ad to Me within deed wd urbiowl<Agrd rMt rhry esecwed tlu rams jo�lhe puryoae rhsroln canfa/nrd. WITNBSS my M�d and xW ths day ond ytar aJoruald "', ���,/2 / LNOT.IR PUBlJC �Y�li� 'IiJI Mp CommBtion EFpirca: ', '. � �; (SEALI r�au�sey . •`y u..n�n.�n:n.nom wwo � _'h Supuelw�rTW��^� AN Cpmnyppn EW�rH e0.21. 1 •�'�..'� �.•�ir . m won n I �. . ' � !n of P�nroylvsnl, 1 � m ' - ��n1VOiCUmbsrlsndJ � . . .. .:dnA In the oflke fa tM ncnN��q d aw .. �' r,�: 3' . 'i ind ta�.�.vm6arleeW CAU�V(.�} „� . ' ' , �BOOk��• VOI._hqe-1d+1 _ ^,�- °' �. . � , :,,mYhnnde �IdofHC d (j� " � . � f.I:,PA thh deY ol 1 d'}� �. 3 c. '. co _ fl�a IMf � � .o r F. :�%' ♦.��yy � 80UI( J,3Fy PAGE ,5',�(j' ' m w � � � °' �8�e.. � � a . o �� �p � ���,� w � F g � �� �4p�� .-. q � � � ^ � �W�i�G a � e� �a � � � ¢ �� ti ���� �� �� . � � ���� � , - .un.i E6ox !3b rnci ,5� � � � � � � � � , � 'T � M'vt.��� � �. ' t•���*pY;�.�ni: L Z F ' D �� �.. ` �'f . o- ' � t' �� � \ �i. a �� . � o�,i ; ! ��� 'R'i.� �•-e:. . . . , ,::a • � '� , T 'a � �.. y'��.�p fi,'b'; � a.', 3r iv.,;fr: '.�;.!-.�f� t.;.. ��' k �l� �'' R, i� j 9 . , ��'� � � . . , � / • 1 � � . � � ' • 1 � ' • � � • . � ' • 1 . � • 1 , • • , � � � : � � � : : � July 26, 2013 Lloyd J Edris 16 Mackenzee Drive Mechanicsburg PA 17055 Dear Mr. Edris, Enclosed is an appraisal based on our discussion and my previous inspection of the property located at 650 Mulberry Drive, Mechanicsburg, PA, 17055. It is my opinion as of July 26, 2013, the property at 650 Mulberry Drive is valued at $1,500,000. Should you have further questions, feel free to contact me at your convenience. Si rel , �_ . h CCIM, CRS Associate o cer WLS/la SUMMARY OF FACTS AND CONCLUSIONS Address: 650 Mulberry Drive, Mechanicsburg Township: Silver Spring Tax Parcel: 38-08-0565-006 , Occupant: Vacant Property Rights Appraised: Fee Simple Location: Rural Property Values: Stable Neighborhood: The property is located approximately one mile east of Route 114 South. The property is bordered to the south, southwest and southeast by housing developments and vacant farm land to the north. Deed: See Attached Property Size: 64.149 Acres Zoning: RI (Residential) Zoning Compliance: Yes (currently being farmed) Highest & Best Use As Approved: No Utilities: Electric, Public Water& Public Sewer Flood Zone: Portion of land north of Mulberry Drive lies in wetland area. Scope of Assignment: An analysis of the subject azea, inspection of the subject property, an estimate of the property's highest and best use, and the consideration of all three approaches to value and application to Chose relevant to the subject property. (1) __ _ _ _ (t) SUMMARY OF FACTS AND CONCLUSIONS(continued) Client: Lloyd J. Edris Intended User: Lloyd J. Edris _ .-. Improvements: see ensuing pages on building descriptions Objective: To estimate the market value of the subject property as unencumbered. Effective Date: July 26, 2013 Value conclusion: $1,500,000 �2) HOME DESCRIPTION Home is a two-story frame structure containing approximately 2480 square feet. Currently the home is full of debris and structurally unsound. A physical inspection of the interior was made in the out-kitchen only and was deemed unsafe to proceed further. Value in the home is a detriment and should be razed to prevent a safety hazazd. (3) � : 1 • ' � � • ' : � � ' � � � y� . � x,,,.� �� ��! .�;�:.i� �� � . � �� �� . iit�. , f � �;�#Rx,�.�FS; ,�•�'n'�,�/��� �ep .`U��'�,��� ��y�� � �j �,��,s! �; �� ��K�:`�l} � f ✓t� ��' ����e,%�;",,a . .- • �N .,..l ,(r '� .; ° -� '.•������. �` 6 1� �'.•R �� � ",� , ��I ��'��°�f�, I�; ��' ,"°.�����'r: � /! r� .�+��/�' �g c^P+, "�,rf^.'' � `�'�r'� !js r .� tj ��'7�^, o'� 'r� . . �x�R' ' �•�sw,f� �f•'�. .�Lyi � ��4 t �!'• �•��:t l� ��1\ � �' " '�'�el.� � p' I'r.�rV' a •�QN� �C��� ���1�'j � l 'j'.1��Y,, T a. ti4��.� -'�x ^ :' ,i ` k� � ; _ �1�^;•;�� „�. �•��� ,�. t�• .�.:ci F/;:�' . e K.'�.,.;� �, „ +r. � 1.}_ ��,> .�':• �..�.'��. ^:� � 1 13. (��� +GI '-.�'^ri • ' !?,w' .i <�' ^x '-`':r .4�,�a�• � -���iJ� : � I� . .��� R�?g r �� r �� . `:..' . .. ' . - . �;. .� :�. _ - ••. _ . . �_, , = , � � t , , r rf i;>'' f.,"? ��1+, . � tra ' _ :�z=,{' +�4:,.;i� . . . . . . � � s' . _ . . . .� �. ...�.�.- .. .y..,.. . . ��'c,,, . . . � ' . West view from Mulberry Drive A . M��4 � .:{. . �'.c 1 .1 ' . , . ' „ : t � .�.: !jt j l � �1.'i�'� ' . i ` � ' $� � • � � � !f":'�.�n�r � . . . . . ' . . � d � " y} rc. . . ' " ` `�""� ' ' ` ' East view from Mulberry Drive y d�`�y�f =i "�k�; ,:� « '�' ,.. k'"�.���:��� ��^`;j., . _t,�.,...,� � � a<� I � � . >r' , .���? � `.r�'�``" � � �� ' . t� , �: - � ,�� �Ya �.,c.»f �fr . � ' � . ' . "`�� � Southwest view From Mulbeny Drive .3" �s^�..�:�°:.-re �� . � . , � �� �� .{ , � �4 ; � �,�r � . 1�.- _� r" r :�y �vr?�+�s:%�Tt�'g�; , . . � ' . -u «.a: -i ..X '.,-.i `� „ . lp �-'�,lf., s � ' . . 's�+'���iv��"� ,*t�''�-�� . . . "'*"�"`�""°�'�"� Y �� North view from Mulberry Drive ` x ��:7�ai, - . � . . . .. . . �i�, .R�fl. . . i:. ;,. x � K. . '7 a .' � - � . ,�+ .� "- F�, . � . y� � � ���� �� . - .�.� ��Y , � � * . . ,,� , .� , �'� Looking west along Mulberry Drive � , ' � �5� . _ _ . - ___.�� � � ,I �. `.ie�,_ �""" � '�'�''�� I � � t � L "'"I Looking east along Mulberry Road � __ - - - -__ _ `, .,. �_._ _--- --- ',:.}' ,.. . s�� �T � � s? � 1' -^:�; ;', < d';� � . '� ' f North side view of front of 2-story structure _ _ 41 � . ' ` �= - ,� ^ �li °a� ��,`1 4� '�i�, \ � � y9 �., �. North side view of front of 2-story structure � ' ' � �7���� . }� ; } j y� - g � r�,. �1�}� -! 1 Z-'�/f' �y''u �i' �jt z;? r � �'� �-�„ '�1\� 1 ' , � .. �... ����:��� y°`��"{ North side view of steel outb�ilding � �---- ���� - - --- y - --- —�� �r----�` :via:.uwM. §S�� " � , �, ,._ �- a West view from Mulberry Drive from � � North portion of property (6) THE VALUATION PROCESS The valuation process is defined in The Apprarsa!ofReal Estate as published by the Appraisal Institute, as "a systematic set of procedures an appraiser follows to provide answers to a clienYs questions about real property value." It consists of a series of steps that are appropriate to a specific and particular ap- praisal assignment that begins with a client engaging a real estate appraiser to develop an opinion of value for a specific property as of a given effective date and ends when the appraiser communicates and reports the final conclusions and opinions to the client. Definition of the Appraisal Problem: The first step in the appraisal process includes the presentation of the following: I. Identification of the client, the intended use, and the intended users of the ap- praisal report. 2. The purpose of the appraisal, including a definition of the value being reported. 3. Determination of the effective date of the appraisal report. 4. Extraordinary assumptions that aze applicable [o the appraisal assignmenY. 5. Hypothetical conditions that aze applicable to the appraisal assignment. Scope of Work: Scope of work is defined in the Uniform Standards of Professional Practice as be- ing "the type and extent of research and analyses in an assignment." This includes the ��) degree and extent of research and the data that is deemed as necessary to develop a credi- ble opinion of value for the property being appraised. Data Collection aod Analysis: The appraiser must gather and analyze market area data, subject property data, and comparable property data that is relative and relevant to the appraisal assignment. Development and Appiication of Traditional Approaches to Value: The appraiser must consider which of the three traditional approaches to value are applicable, relevant, and necessary for developing a credible opinion of value for the sub- }ect property. These three traditional approaches to value include the Cost Approach, Sales Comparison Approach, and Income Capitalization Approach. When two or more of these approaches to value are developed, the appraiser must determine the amount of emphasis and consideration to be given to each of those approaches to value, since one or more may have greater significance in the appraisal of a specific property. Reconciliation of Va►ue Indications and Final Opinion of Value: The final step in the valuation process is the reconcitiation of the value indications developed by the appraisec Reconcilia[ion is the analysis of alternative conclusions to anive at a final value estimate. Reconciliation is required because different value indica- tions result from the use of multiple approaches to value and within the application of a sing[e approach. The final value estimate is not derived simply by applying technical and (Rl �4 � ' �l. •i b -r M. ;♦�- `v " �:.�� ,. 1 ��� • ' '� �. .�,:• ( � �� 1 r~t� ' , - • , , t .. � �,, 4 � . r '� r� _�_s-'— —_.."'_- -. . � ��__� � • ,�k t° ���F i `�', 5�w 1 y C � � ,��� ,.' _ �_'-._---�.� �. � �..f ; r� ; 4 ' ' } . .. M ' ' � '"` _ � ' . � � � .�� t � ''� �S ' ►�--•; ���� v���.C'� �i� � ��� 1 � t� • � � ���� , . . r . �{� . - t � i4 � �`!y� • . a, �a+ • '�g,��� �j �` �►;. !- � .. ., � :� �'. ^, '�S . • t .� y'' [� , � :�aM 7 �� « `r. 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N Sa > Sa FC ti .. .. +-+ c� r+ ,� o v] m u fA .0 H r1 S-i ri N 01 u U ro ,-� N a� N N v N �O u FL a� r1 -.1 ?G v �rl �+ r-1 0 o r� r� �n W W U �tl �.+ O N y �.+ ro ro a� ti }a C m a.� s� 3 i N cn m m �.� A Sa N E E � � � � cx a �-, cn a � .� 3 X v al al o � �.+ a� rt o v v m o Oi ro -.+ ro o ro �.+ �.+ m m m r � q v1 L� W [n � W 2 'x 5 E W W U W .7 F v� 3 a rt f7 5 cL £ 0.� tn .] �C o 0 0 0 [u TAXES AND ASSESSMENT The real estate ta�c assessment, synonymous with assessed value, is the official valuation level of property for advalorem tax purposes. Since the assessment is a dollar amount assigned to taxable property by the assessor for the purposes of ta�cation, it may not reYlect the independent value conclusions found within this report. The following is the assessment for the subject property as determined by the County Assessor's Office, though this property is currently tax exempt: Assessment: Land 52,200 Improvements 108,000 TOTAL 160,200 Mill Rates: Municipal .00008045 County .002045 School .00857 TOTAL .0114195 Tax Liability:(Clean & Green) Municipal 128.88 County 327.61 School 1,372.91 TOTAL 1,829.40 (12) � � r� � W ° � � �* � d � � o � � n � � Q o w m o °o � ° E u ¢ � ¢ ¢ ¢ ¢ ¢ ¢ ¢ Q ¢ m � _ . � � d x � V M � � Z Z Z Z Z Z Z Z Z Z Z aD O S U y a � a '"� a� N t» U � L a a '� � U a CV � � � � a� d � � y � O U �- U � � � � � ° � � E a a ¢ a a ¢ a a a g g a � � �= x o o � � 'z 'z 'z z 'z z 'z 'z z z z u; Q O = t o, � a °' a�i co � � Q � u_ v � U o � a a � � (n a � Z �— � � a_Ni -O d N O Q � U � O U O � V (O ° � � a a a a a a a g a g a a � N � � A o �°., � �:, � �o 'z 'z 'z z 'z `z z z z 'z 'zv � O � r - a � m � N Q U � � Q a LL � v, a � � � O �, U v = > o� � ` y _ � 7 N d � (,1 Z' N O n U 2' V N O N m N a n c a°i in rn in o m ro °o � �' o o °«�' o > > '� va, m � � � � a c� Z v� z V� � f.1 C LL V N (V 00 N (O x � � cD " C Y C � d O G� C> 01 p O fl' � p C � V � tn p N N V 0 � V U a R C1 O v �C 0 w t N 0 � _ p � G •3 a Q . l�0 '�( d d � � N y y N .Q O` L +' N � m � � V � a d `rg .� R r; E N C m C �a «. m � ,t .• .. V J dfntq0 O J fAStqUQUmm2C70 � a° a` 650 MULBERRY DRIVE, MECHANICSBURG The appraiser has analyzed comparable sales and has developed dollar adjustments, reflecting market reaction to those items of significant variation between the subject and comparable properties. If a significant item in the comparable property is superior to, or more favorable than the subject property, a minus (-) adjustment is made, thus reducing the indicated value of the subject; if a significant item in the comparable is inferior to, or ]ess favorable than the subject property, a plus (+) adjustment is made, thus increasing the indicated value of the subject. Sale#1 Sale#2 Sale #3 Sales Price $1,120,000 $3,800,000 $550,000 Location -75,000 -II0,000 Buildings - 25,000 -25,000 -25,000 LandSite/Size +422,947 -1,905,113 + 808,427 Net Adjustment +397,947 -2,005,I l3 + 673,477 Indicated Value $1,517,947 $1,794,887 $1,223,477 Sales#t and #2 were in close proximity to subject property. All sales had either public water and sewer or both available to the site. All sales were 2-4 years old in their transaction date. More value was attributed to sales #I and #2, given their closeness and more recent sales date to the subject site. �, (I 4) SECTION 204 R-1 RESIDENTIAL ZONE (R-1) 204.1. Puraose -This Zone is meant to accommodate suburban detached residential growth within the Township. This Zone coincides with poten[ial sewer and water utitity service areas; however, the actual availability ofthese services is likely to occur at different times, in different areas. As a result, permitted densities have been adjusted according to the availabiliry of these public utilities. All units that are proposed without the use of public utilities will be required to be situated to one side of a wider lot so that future in-fill development potentials can be protected when public utilities become available. In accordance with local planning goals that were developed within the Township's Comprehensive Plan, developments within this Zone will be encouraged to engage a proper site plan review process. Such process wiil be used to help preserve any significant natural features or areas of severe development limitation. Additionally, some provision of common open space will be encouraged[o help retro6t needed neighborhood and linear parklands, as suggested within the Township's Comprehensive Recreation and Open Space Plan. Flexible net density and cluster design standards will be used as an incentive for the protection of important natural/cultural features, and/or the provision of common open space. 204.2. Permitted Uses 1. Agriculture, subject to the standards listed in Section 201 of this Ordinance, but excludinp commercial livestock operations, as defined herein; 2. Single family detached dwellings, provided that if a proposed subdivision will involve 10 or more new Single family detached dwellings and it is not submitted and subsequently approved as a Cluster Development, then conditional use approvai shall be required under the standards of Section 449. - 3. Public and nonprofit parks and playgrounds; 4. Public utilities structures excluding communication antennas, towers, and equipment; 5. Pubtic vocational and mechanical trade schools; 6. Foresiry Activities(See Section 348); 7. No-impact home based business; and, 8. Accessory uses customarily incidental to the above-permitted uses. 9. Cluster Development in compliance with Sections 316 and 327. 204.3. Special Exceotion Uses (See Section 604.3.) 1. Home occupations(see Section 422); 2. Family day-care facilities (see Section 4]6); 3. Public and private schools (see Section 432); and ' 4. Amateur Radio Antennas(see Section 447). Silver Spring Township Zoning Ortlinance -56- Article 2 Zone Regulations 204.4. Conditional Uses (See Section 704.) I. Golf courses(see Section 418); 2. Village Overlay Zone developments (see Section 207) and; 3. Churches and related uses (see Section 407). 4. Single family detached dwellings, if a proposed subdivision will involve 10 or more new single family detached dwellings and it is not submitted and subsequently approved as a Ciuster Development(See Section 449). 204.5. Permitted Densitv for Sinele-Familv Detached DwellinPS On Parcels Not Serviced By Both Public Sewer And Public Water 1. For each parcel of contiguous land in single ownership as of the effective date of this Ordinance which is not served by both public sewer and public water,there may be five (5) lots sold or utilized for a permitted use single-family detached dwelling, provided that each of the newly created lots, as well as the parent tract, shall comply with the design standards listed in Section 204.6.; 2. The provisions of this section shall apply to all parcels of land legally existing on the effective date of this Ordinance. Regardless of size, no tract of land subsequently subdivided from its parent tract shall qualify for additional pertnitted use single-family detached dwellings or lots pursuant to this section. Similarly, any subsequent owner of any parcel of land legally existing on the effective date of this Ordinance shall be bound by the actions of previous owners in that such cursent owner may only subdivide for purposes of additional permitted use single- family dwellings the number of lots, if any, remaining from the original number permitted by this section. Any subdivision or land development plan hereafter filed for a tract of land in the R-1 Zone shall specify which lot or lots shall carry with them the right to erect or place thereon any unused quota of permitted use single-family detached dwellings, as determined by the provisions of this section; 3. In the event a tract of land, which was not classified as part of the R-1 Zone on the effective date of this Ordinance, is hereafter classified as part of the R-1 Zone, the size and ownership of such tract of land shall be determined as of the effective date of the change in the zoning classification; and, 204.6. Desien Requirements�- See table below. Minimum Minimum Maximum Minimum Yard Se�becks° Maximum Utilized Lot Lot Lol Permitted Public UtiI1Na Area Width Covere e Fronls Ooe Side Bol6 Sides Rear Hei ht None 43,560 .ft.' 280 ft. 20% 40Il.' Footnotc l Foomote 3 50 ft. 35 R. Public W aeer 32,000 s .ft.' 250 ft. 25% 40 R.' Foomote 4 Footnote 4 SO R. 35 ft. Pubiic Sewer 2Q000 s .fl. 125 fl' 30% 40 R.' 20 ft. 40 ft. 40 ft. 35 R. Hoth Pubiic Sewer I5,000 sq.ft. 100 R' 35% 35 fi.' 8 ft. 20 R. 35 Fl. 35 ft. and Public Wa[er All relying upon on-lo[sewer mus[comply with Section 311 of[his Ordinance. ArtiGe 2 Zone Regulations -57- Silver Spnng Township Zoning Ordinance �Minimum lot width at[he street righ[-of-way line may be reduced to no less thari seventy(70)fee[ when locared on a cul-de-sac turnaround. �Minimum one hundred forty(140)feet on one side,plus a minimum of twenry-five(25)feet on the other side. °Minimum one hundred hventy(l20)feet on one side,plus a minimum of[weory-five(25) feet on the other side. SRequired minimum front yard se[backs shall be fifty(50)feet when abutting an arterial road. °Existing single family lots,regardless of whether they aze serviced by public or on]ot utilities,are governed by ffie design requirements for lots utilizing both public sewer and public water except for the following minimum yazd setback standards:Front-[hirty-five(35)feet,one side-eight(8)feet,both sides twenty(20)feet,and rear thir[y-five(35)fee[. �See Section 319 for Y�blic U[ilities Structure. 204.6.1. AQe Restricted Residential Development A. This Section 204.6.1 provides a density bonus for a residential development that an applicant agrees to establish as being age restricted in compliance with the Federal requirements for"Housing for Older Persons" as specified in the United States Code. (Note - As of 2007, such provisions were in 42 U.S.C. 3607). B. In order to be approved by the Township as Age Restricted Residential Development, every dwelling unit(except a unit for one manager) on a tract of land shall be permanently restricted by deed, by any lease and by notes on the recorded plan to the following occupancy limitations: 1. a minimum of one head of household of each dwelling unit shall be age 55 years or older, or who is physically disabled as defined by Social Security disability regulations, except that an applicant may choose the option under Federal law of using 62 years or older for such limit instead of 55 years or older, and 2. no person under age 18 shall live in the dwelling unit for more than 30 days in any calendar year. C. In order to be approved as Age Restricted Development, the applicant shall establish an appropriate legal entity, such as a property-owner association, that has the duty, authority and responsibility to enforce such age restrictions over time. The Township shall also have the ability to treat any violation of such age restrictions as a violation of this Zoning Ordinance. 1. If a househoid met the occupancy requirements at the time of the initial occupancy,then such persons shall not be required to move if the household in [he future no longer meets the occupancy because of death, disability, divorce or separation of one of the occupants. D. This Section 204.6.1 shall only apply for a development of single family detached dwellings that is served by both public sewer and public water services and that is not approved as a Silver Spnng Township Zoning Ordinance -58- Article 2 Zone Regulations Cluster Development. If a residential development is approved under this Section 204.6.1, then the minimum lot area for a single family detached dwelling shall be reduced to 9,000 square feet, the minimum lot width shall be reduced to 70 feet, the maximum lot coverage shall be increased to 40 percent, the minimum front yard shall be reduced to 25 feet, and the minimum width of the two side yards together shall be reduced to 16 feet. E. If a condominium form of ownership or similar arrangement under the State Planned Communities Act is used,.the applicanf shall prove tu the Township that the buildings will be laid out in such a manner that each dimensional requirement would have been met if each dwelling had been placed on its own fee simple lot. F. A minimum of 15 percent of the entire area of the tract prior to development shall be preserved as common open space and shall be suitable for recreation for persons age 55 and older. Areas that would be needed to meet the minimum lot area for individual dwelling units shall not count towards the minimum common open space requirement. The amount of open space shall not be deducted from the lot area before determining the net density. G. An Age Restricted Residential Development shall meet all other requirements ofTownship ordinances that are not specifically modified by this Section. 204.7. Accessorv Uses 1. Maximum permitted hei�ht -Fifteen (IS) feet; 2. Minimum setback requirements: A. Front vard setback -Three hundred (300) feet; and, B. Side and reaz vard setbacks-Five(5) feet. 204.8. All uses permitted within this Zone shall also comply with all applicable General Provisions contained within Article 3 of this Ordinance. 204.9 ]f any portion of a new principal building will be located on any slopes of greater than 25 percent, then a 2 acre minimum lot area and a 200 feet minimum lot width shall be required. 1. An applicant shall prove compliance with this provision at the time of final subdivision or land development submission. Any subdivision plan for a new lot shall show the outer boundaries of the proposed principal building site. Any applicant may legally commit on the subdivision plan to not construct any principal building on portions of the ]ot with greater than 2� percent slope in order to avoid the larger lot requirements of this Section. 2. This Subsection 204.9 shall not apply to: 1) a lot that lawfully existed prior to the adoption of this Section,2) slopes that the applicant proves were clearly man- made prior to the enactment of this Subsection, or 3) if the building intrudes into a total land area of less than 300 square feet of greater than 25 percent slopes. ArtiGe 2 Zone Regulations -59- Siiver Spnng Township Zoning Ordinance 3. This Subsection 204.9 shall apply based upon the slopes that were in existence at the time of enactment of this Section, prior to any subsequent regrading. Silver Spring Township Zoning OrUinance -60- ArtiUe 2 Zone Regulations i � � �y THIS DEED. �P � OAkbC 3�9 °s`S°°° �, Made rhe ��� day o/ Ap�i{ 1996, DETWEEN�ioya a. earte na ona-helf [enane-Sn-comnon omer, and Shtzlry M. FArie, �le vife, of namt Holly Springe. Cwberland Cavnty. Pennaylvanla. Aercin dnlR�red ar the G�nnfon, � AND n. sonn edtl�, eCUlC individual, oE Silvei Spring lbwnehip. C�mberlend CouncY. p�eYlvmie, herein d[ridwJed m thc Granta: W(TNESSETH,tMl the Grwmq for und in camidrmtion oJ ----- One(51.00� uoLUx (awfu!mone7 oJ fht Urtifrd Smtv of Amnitq ro the Gruntmr in AaM wetl md hWr paid by IM1e Gmnlee.at ar before the.rcaling wd delivery oJfhese yrrsp[e.the rec<Ipf whercof G hoeby aeAww/edaed aM dc Gmnfora being therewith Julty mNfied dn bY+�+e pruenu grant,bargain, sell ond convry urtro the Givmee forerer.a one-hatf Knanr.in.mmmon inrsreat in, ALL THOSB C6RTAIN hacts or Parceb of fa�and prcmuas,rimvte, lying and being in rhe TownrNip oJ Silver Spring in rhe Counry oJ Cwnberlard arrd Commonwea4h oJ Perwylvania more � pamcularty dexnbed mIo!(ows: . 1'RJ1C7' NO. 1 ' ^� DEGfNN/NG or a poiu on fhe cmrrr!(ne of Wooda Dnve,1fl6.35 fut Narrh oj the Inrertectian of Woodr Drive and Mulberry Dnve;lhrncq South 55 drgrev 74 minules 06 sccondr Eart, a distnnte of 1670.34 fea ro o poinq thencc Soutk 34 degrees 26 minuter 30 secondr Wear, a dirtance of 350.l0 feet ro a pofm;7hence Sou�h 55 degrcea 33 minuter 30 secondr Earl,a dialantt of f39.21 fett fo o poirtt;fhrnct,Saufh 35 degrtes 00 minutet 00 rttonds W<ai,a dirfanet of!ISf./2 fea m a poinp fheneq Nonh 66 degrces 30 mirtules 00 seconds War,o d"u�ance of 346.45 jeet ro a poinr, tlmnce,Norlh SS deg�ees 00 minmes 00 . secondr Wert, a d'utance o(8f9.58 fetf[a a poinr, thence,NorlF 30 degrma 40 minutes 00 secm�ds Wut, a dislance of 574.46 f<et ta a point on!he cmferline o/Mullrerry Ori�x; thenee, o(ong Nm crnlerfine ojMulberry Drivt,North 59 degrees 10 minutes 00 seconds£art. n diatance of 269J2 fet!!a a yoint; rkenct,North 34 dtgreu I9 miwter/6 mcondr Wesq o Aixlartce nf 47891 feet m a painp thence,Norrh 49 degrett 22 niinute.r 25 rrronds Eas(,a dismncc of 932.23 feu m o poin4.raid point being Um place of OEG/NNINC. COrvTAIxiNG 3,�51,102.9 eq. Et. oc 63.1566 acres. eESNC Lot No. 1 as ahawn on e certein ainel Suhdivision Plen Eor Fdrie Trnct dated Eebruery 22, 1996, aeid Plen bein9 recorded concurrently herevith in [he Office oP the Recorder oE oeeds in end Eor C�vMezland County, eeMeylvenia. THIS CONVSYANCS, IS SXCLVDSO FHON PEMtSYLVANIA R&ALTY TRANSFER TAX PllRSVANf TJ )1 P.S. §8102.-C.3f61 AS B&ZNG A TAANSPSA BERWESN BROTHERS. - BOON �.3E edll $Z'Q '^�. �T NO 2 BEC/NN/NC a!a point Somh 3I degrees 57 minutcs 25 ncortdr Werq n dismrtce af 225.00 jeet from!ht centerline of Wo[rtut Inne;thence,South 34 degrees S7 minurer 15.recandr Wea;o diamncc nf 2g g9 jeet to a poinl;fhence Nonh 61 degrees 30 minures/8 aeconQs Wc.ri, a Ji.rfantt of 52C.39 ftet!o a poinC lhenre.on a turve curving fa(he Iefi Mving n radius nj 225.00 fee!and an nrc diamrsce of 89.0!fee!m o poinf; fheut, Notth J6 degrees 36 minure,r 30.recon6c E¢r;a diswncc of/21.7g fnr m n poim;lhmre,Narrh 34 degrcer 16 minures 30 setpny Eqst o dismnce of!1 Z fl6 jeer rn n poinf;Nencq Sourh SS dtgrces 33 minu�et 30 ucortd.t Eo,rq n dittante of 44.44 feer m a poin�;lhenct,Sou(h 34 degreer 57 minutes 25 xconds Wesf, a dirrance of 19A00 feer ta a poinl;fhmcc,South 55 dtgrcu J3 minuter 30 aecondt Fqrt,n dlatorcce of 451.77 fttt ro¢point,saiE poin!bting!he pWce of BEClNNING. CoNCnINING I],2]v.�] eQ. ft. or 0.99]� eeree. BEINO WC Na. 3 ea shown on � ceiCein Pinel Subdivieion plen fo[ EArie Tract de[ed Pebvuery 2I, 399fi, anid Plm beinq recorded concurrenGly herewi[T in Ghe OEEice oE Che RecorCez oE Deede in end for (,Lmp�rlmd CaueCy, Peweylvavie. MEINO pert oC the eame pzanleeB whlch Alfsld @, R�py �d Mnry B. R�ry, hle 1£e, Dy their p�b dated Ayvil 2, 1951, end recoaded in Che OEElce oE [he RerorEer of Deeda in and for CwMerlend Comcy in Oeed Book p, Voleme 14, Pe9e 33{, qrented Md convtyed unto JoM H, Ed[SB Md Luella Ed[i9, hle vife. Tlfe - sa1G JoM H. Fdrla d1aC on October �, 19'!9, suzvivad Ey his wife, Luelle __ FGrie, Sn whap citle co aeid Pi�ieet vee[ed py eperetioe oE ler aa curvivinQ teemt by [he enciroeles. Md wherese. Luella 2dria Mvinq died an July 3B, 198�, by viztue of e certein oetree Awertling Aml Eete[e mtered by [he Gour[ oE Co�on Pleee oE Cuqberlend CounGy on Novemper ], 1990 md recorded Sn Che Oftiee oE Recorder of peeAa Sn end [oc C�uMerlanC Co�ncy e[ Book W7C, Pape 698, Gitle Co eeld D«ise� Me been �,�c,a v,a conveyed w[o L1oyG J. Fdpia end M. �a� yQ�1e, •e tenente in co�wa, The aeid Shtrley M. Fdrie Joine in thia conveyence to Cree�sfar u�y riqhq [itle nnd inteiea[ she Me in eafd Dzoyerty by viztae oE her marrieqe to L1oyA J. EArie. TOGETRER WUh dl and aindrlor rhe bullding;tinp��nv.wu�y.y,�y,ryyfen.wnrercounu.ri;hrr. (i6rrMn,privi(edn.hnedlmmrnh wd appnlrnanarr ro the wms beWnrine or in anywite oppmoinind:and thc rtreriion y�d irverzioiv.remn/rder and rcmaindsrr.nm;fuyea.aW yroln�Aertol.�d o/evrry rwn aad parcr!Usrro/,�AND Nso all the ene�e,ri;A(ti�(q inhrrll,uiq pvueuion,propsrty.duim eM dermnd wMnaver ol«Gm.uon borh in/m�.aM in equi7.y,in and ro rhr pnmun Anrin Aexnbed and evrry pon aM porcd rhnea/wirh the appunemncea TO NA VE AN�Tp HOID dl sin�uWr fAe premirn herein ducnDed�ogetlur wiih the hereAimmew and apyurtrnannr unro�he Granln and m Gran¢e'i pmper un arW ben jr/orcver. AND rhr Gwmm�cnvrwm thaq¢teyr m moy be hrnln nrlarth rhey du ad will FOI�VER SPEClALLY WARJPAIVT AND D6pEND rhe faMr crie anmues,tieied�mmmi�ad ap➢urteroncu hreby�onveyr4 arairut rhe Grw�on. /n d!�rcnen hnrin ro nny ynrt(r;peraoM.�Mi�ka or�arporoBnru.rhe vre oJanY P>rtiau(ar Sender ar ehe plu.N or iinavlv numbo 6 In�snded ia tndWe tM1e apprvPnab 6mder or nurnbrr a�hr irir/ rhe wirhin irvhum�m rrmy nquire. Whenver in�All ivnumrm anY M�ry'+/w(/bs duiB��eE w rtfrrrcd m bY nnme nr;n¢mf r</vn¢e. mch deei;narion is inrmdM ro ond.rholJ hare th<mme�n ar iJ rhe wo.y'heirs,erecurory oAn�inis�mmn, penpmf ur/ego(re0rramfotive;mcn.eron miAaaN;ru'Imd bem i�u<rted aR��each and errry v¢h duignati�. DOOK j36 PAGE $2$ .. .. ... _ ... _. . __ __ � !N WITNESS WNBREOF the Graemn have hereunm x(thrir handx and em/s.ar if a corpomriay ir Ma caused rhere O�erenu ro 6e tignd 6y ia proper corporarc o8mf and iu corporafa ssal ro be q�ued herrra tFe day ad year j1nr abave wntten. SIGNED,SEAlF�a�d D8llV&R6D M PI�Wf+�an of . or A7T&S7&D b) (7 � (� c� � JX.��-�• .CL�c`}' a.s�6Wh �X+sd- X. C c�.tw —�T�' Y .BD�FS i+.. i. / .� � / , � �J .. S!lIRlBY M. 5 �. COMMONWEALTH OP PENNSYLVANIA, COUNTY OF �a�.- :ss. B8 IT REMEMBERED�tlwr on �%✓�I r.v�. lSKP.bejar��rhe sud*enber perrowflyappearcd Lloyd S. eArie md Shlzley M. edrie, huebend nnC wiEe, known to me(or+mirfatronl)provm)m bt!ht perzwtt wMae mmer an.rubrcnbed fo the wifM1in dted anE ucbwwledged rMt tFry erecurcd the rame jor tFe purpo.a tMnin cwua(ned. WITNSSS my Mrd ad seal the day and yeu aloresaid. '"'� � � ��OT.1R PUBUC ,yN , 1 . � p � My Canmission E+plrcs `�'.rr� .. .�':6.,�-: (SEAL) No�vie�SeN ' . 5e LheMeMUisR P� � �:'� ��' g�cyyvlumaT�D..��� ,"�.:^ MyCOmm4�ionErWes a0.2f�20 i . Ym. .� bmoapmo Mn • �'c•)7 � �'r"... Y.. �. _ �nalPen�syNenh t �q m � -.�.�IY of Cumba/bnd 1 3 ..:tlW in�he oifbe fa iM recorm'q o1 D�M� � '� . ' vdiw;F.VmberlsndCOU�q.e} ' ' ��eook 1`�Vol.—Psps�7d:� „ : �'"` �: ' .,.::xm Mndan Io10 - � (�� ,. . :':I>.PAIhi6�dsYd t�.-, - 3 0" , [L Hsa NR C�' '� � � �� - , ,� Q f 0 yny'A�\\yiY .�.. � BOUN i�Fj PAGE 52G ' q � �s � � � b : �8�0 A � � � � �`� e�^� .., W y � F � � c3`zi�'�yn � �>�� � A � � � � ��za�� � � �� � � � E��y a � � o � ' V u �� �� > o � g ���r € � ��8 — �.� � eco� !3b race 5Z: UNDERLYING ASSUMPTIONS AND LIMITING CONDITIONS SUBJECT TO TH1S APPRAISAL 1. I assume no responsibility for matters legal in nature, nor do I render any opinion as to the title, which is assumed to be marketable. The property is appraised as though underresponsible ownership. 2. The]egal description used herein is correct. 3. I have made no survey of the subject property, and the boundaries are taken from records believed to be reliable. 4. I assume that there are no hidden or unapparent conditions of the property, subsoi] or structures which would render it more or less valuable. ] assume no responsi- bility for such conditions or for engineering which might be required [o discover such factors. 5. The information, estimates, and opinions furnished to me and contained in this re- port were obtained from sources considered to be reliable and believed to be true and correct.. However, no responsibility for accuracy can be assumed by me. 6. This appraisal report is to be used in its entirety and only for the purpose for which it was rendered. 7. Neither all nor any part of the contents of this appraisal repoR, (especially any conclusions as to value, the identiry of the appraiser or the firm with which he is connected) shall be reproduced, published, or disseminated to the public through advertising media, public relations media, sales media, or any other public means 35 of communication, without the prior written consent and approval of the ap- praiser. 8. Unless otherwise stated in this report, the existence of hazardous material, includ- ing without limitation asbestos, polych]orinated biphenyls, petroleum leakage, or agricultural chemicals, which may or may not be present on the property, was not observed by the appraiser. The appraiser has no knowledge of the existence of such materials on or in the property. The appraiser, however, is not qualified to detect such substances. The presence of substances such as asbestos, urea- formaldehyde foam insulation, or other potentially hazardous materials may affect the value of the property. The value estimate is predicated on the assumption that there is no such material on or in the property that would cause a loss in value. No responsibility is assumed for any such conditions, or for any expertise or engi- neering knowledge required to discover them. The client is urged to retain an ex- pert in this fieid, if desired. 9. I do not have knowledge or experience required to evaluate whether physical changes have to be made to existing facilities to conform to the Americans With Disabilities Act regulations or whether alterations or new construction meets the requirements. Therefore, the value reported is based upon the assumption that the subject property conforms to the ADA regulations. The client is urged to retain an expert in this field, if desired. 10. Acceptance of a�d/or use of this appraisal repoR constitutes acceptance of the foregoing assumptions and limiting conditions. 36 1 i. Adherence to ihe confidentiality requirement of the Uniform Standards of Profes- sional Appraisal Practice requires that, prior to making any copies of the appraisat report or having discussions related to this appraisa] assignment with anyone other than the client, approval from the client be obtained in writing. Upon re- ceipt of said written authorization, copies of the appraisal report shall be produced or discussions with a third party may be held. Fees for these additional services shall be mutually agreed upon and are payable in advance. 12. This appraisa] was prepared for che exclusive use of the client identified in this appraisal report. The information and opinions contained in this appraisal set forth the appraiser's best judgment in light of the information available at the time of the preparation of this report. Any use of this appraisal by any other person or entity, or any reliance or decisions based on this appraisal are the sole responsibil- iry and at the sole risk of the third party. The appraiser accepts no responsibility for damages suffered by any third party as a resu(t of reliance on or decisions made or actions taken based on this report. 37 WILLIAM L. SHEARER, JR., CCIM, CRS Real Estate Broker/Appraiser —PA License #AB066886 EXPERIENCE: 2010 - Present: Associate BrokedAppraiser, Prudential Homesale Services Group 1986 -2009: Broker/Partner, Wolfe & Shearer Realtors, Carlisle, Pennsylvania 1980 - 1985: Realtor, R.L. Simons & Associates, Realtor, Carlisle, Pennsylvania • Testified In Federal Bankruptcy Court Heazings As An Expert W itness • Testified In Cumberland County Court As An Expert ln Real Estate Valuation Hearings • Testified in Cumberland County Divorce Master Hearings • Performed Consulting Work With Various Attomeys On Real Estate Values and Analysis of Real Estate Contracts • Consultant Work for the Borough of Carlisle, PA EDUCATION: Bachelor of Science in Business Administration (Major—Real Estate) Shippensburg State College, 1979 Associate Bachelor of Business Administration Harrisburg Area Community College, 1977 Diploma, Big Spring Senior High School, 1974 PROFESSIONAL LICEN5E5 & AWARDS: Real Estate Associate Broker/Appraiser—AB066886 Real Estate Broker RM-045513-A 1999—2004: Greater Harrisburg Association of CRS Designation Realtors - W inner Circle CCIM Designation MEMBERSHIP IN PROFESSIONAL ORGANIZATIONS: Carlisle Associa[ion Board of Realtors Carlisle YMCA Executive Board Pennsylvania Association of Realtors Division Chair for Carlisle YMCA National Association of Realtors Carlisle Economic Development Committee Central Penn Board of Realtors Carlisle Events & Promotions Committee 1996 Campaign Chair for Greater Carlisle United Way Carlisle Small Business Association Board ofGreater Carlisle Area ofthe United Way Carlisle Exchange Club 1999 and 2000 YMCA Partners with Youth Campaign Chair Downtown Carlisle Association , # William L. Shearer,Jr., CCIM, CRS,Associate Broker ��,, ,' Prudentiai Homesale Services Group jr�}_ 8 ,Brookwood Avenue, Garlisle PA 17015 Office(717) 245-2100 Cell (717) 576-8101 PAST CLIENTS: InternationaUNationaURe¢ional: Sheetz Convenience Stores C Earl Brown Trucking Carlisle Tire & Wheel Jamesport Trucking Bobby Rahal Honda Burger King Taco Bell Puritan Oil Company PP & L US Lifeline, Inc. General Mills, lnc Dairy Queen Texaco, Inc Cazlisle Productions McDonalds CENTAX Sage Realty Corp. York Federal Savings & Loan United Refining Company Moose Intemational Bob Evans Restaurants Corning, Inc. Piezo Crystal Tower 16, Inc. ABF Trucking Banner of Truth Local• Cazlisle Campground Mowery/Cumberland Drive-In-Theatre Brooke Investments Stan's Beverage George's Subs Griffie Drywall Tuckey Mechanical Fireside Inn Salamandra Restaurant Mechanicsburg VFW Line Jewelers Otterbein Methodist Churc6 Fluss's Flooring Cazlisle Art Association Herman Brothers Chiropractic Dauphin Tile Co. Skovira, lnc. Piatto Restaurant Carlisle Camera Shop Cafe Bruges Restaurant Empire Restaurant Cazlisle Borough Dr. Dan Hely Unitarian Universalists United Way of Carlisle Garden Cave Restaurant Miss Ruth's Time Bomb Dr. Ken Vincett Embers Hotel/Convention Center BC's Cafe The Salvation Army of Carlisle Carlisle Heath& Wellness Turner Hydraulics Estate Valuation Date of Dea[h: 10/28/2012 Estate of: Marvin J. Edris Valuation oate: 30128l2012 Account: 14892.1 ProCessing Date: 02/OS/2013 Report Type: Da[e of Death Numbex of Securities: 1 File I0: 14892.1.etlris Shaces Security Mean and/or Div and Int Security or Par Desctiption Nigh/ASk Low/9id Adjustments Accrual5 Value 1) 233.695897 COANING INC (219350105; GLW) COM New York STOCk Exchange 10/2fi/2012 12.16000 11.81000 H/L 10131/2012 12.08000 11.70000 H/L 11.937500 2,789.15 Total Value: 52,789.15 Total Accrual: 50.00 Tota1: 52,789.15 Page 1 This report was produced with EstateVal, a product of Estate Valuations 6 Pricing Systems, Inc. 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P�r � nnii,^.:=� , F� al�,l i � �Llon ,s4,s(a'F • ��: i�'� , � � ,. �f �i � �� ?�f� �_�x " X� . �.i�i�1110rS' y :31V �. 1Q��iIIA� 0 r C.+ - .�b .� S2fOtiFHUr�ORI E .�4 �E u TC�y�f t �1 .d1.1!� t. __°��ll�L ��t��ww.�r�Mn� L� t' `- 'S . - �'1 eilr�S ��,'.iYv�y�ii'r,+{/x����.i' ,�'r FIV�• 1 � �esri •�"1' ��'� �'��•%l'':��� •�'��..�,.�.�r��7�" `� _::li.d ar`t" .,,ili Cial�•' Tiu f.l.i� 1"C�i�9 ���Fi,r � • • 1 • ' ' • ' � • ' 1 1 � 11 � " � �� • i�� � . • • � • • ' �� ' � • � ' � ' . , � . • . - ' � . . • - . • • ' ' � 11 � • • • '• 1 � 111 •• ' ' • ��1 - �. ' - 11 • � ' 1 � 11 ' 1 •� . . . - � • • ' • � • � � ' . � ' 1 � �/ ���1�7 -- - ...._..__.. � �(�IIII�GNII�I� a� 0008Pq Tax Parcel NO. 38-21-0287-002 3t- o�-cst�5-a�8 THIS DEED, • r'� MADE THE � � day of March in the year T4ao Thousand Nine (2009} BETHEEN MARVIN J. SDRZS, also known as M. JOHN EDRIS, a single pereon, of Silver Spring Township, Cumberland County, Pennsylvania Grantor, � MARVIN J. EDRIS, also known as M. JOHD1 EDRIS and wII.I.IAM (i. DONIltER, of Silver Sprinq Townahip, Cumberland County, Penneylvania, as joint tenants with riqhts of survivorship, and not as tenants in common, Grantees iiiTN8S8BT8, that in conaideration of ODiB DOLLAR ($1.00) , in hand paid, the receipt whereof is hereby acknowledged, the said Grantor doea hereby grant and convey to the said Grantees, their heira and assigns: ALL T80SS CSRTA2N lots, parcels or tracts of land located in Silver Spring Township, Cumberland County, Co�onwealth of Pennsylvania, more particularly bounded and described as follows, in accordance with a survey by Hartman and Associates, inc. dated December 15, 2008, to wit: TRACT 1 88GINNING at a Maq. Nail set at or near the terminua of Walnut Lane, thence from said point of BEOINNIBO, by land now or late of Marlin R. and Betty H. Weaver, South thirty-four degrees, fifty-seven minutes, twenty-five seconds West (S 34° 57 ' 25" W) , a distance of one hundred ninety-five feet ( 195.00 ' ) to a point; thence by Lot No. 3, Plan Book 72, paqe 20, the following two (2) coursea 1) North fifty-five degrees, thirty-three minutes, thirty seconds West (N 55° 33 ' 30" w) , a distance of four hundred fifty feet (450.00 ' ) to a point; 2) North thirty-four degrees, fifty-seven minutes, twenty- five seconds East (N 34° 57 ' 25" E) , a distance of one hundred ninety-five feet ( 195.00' ) to a point on the line of land now or late of Philip C. and Julie A. &aker; thence by said land and by land now or late of wendy J. Hayden, land now or late of Ronald R. Garber, and by land now or late of Robert W. and Donna A. Rager South fifty-five degrees, thirty-three minutes, thirty seconds East (S 55° 33 ' 30" E) , a distance of four hundred fifty feet (450.00' ) to a point, the place of BHGINNING. Containing 87,746.45 square feet or 2.0144 Acres. BEING the same parcel conveyed unto NARVIK JOH� EDRIS, by Tax Claim Bureau Deed as land reputed to be LiLLIAN A. wALTSRS, dated March 15, 1971 and recorded in the Office of the Recorder of Deeda of and for the County of Cumberland, Commonwealth of Pennsylvania in Deed Book "A", Volume 24, Paqe 21. TRACT 2 BECiINNING at an iron pin set on the eastern right-of-way line of Stone Run Drive at the corner of Lot No. 111 walnut Point, Plan Book 96, Page 73; thence from said point of SEGZ1iWING, by said eastern right-of-way line, by a curve to the left, having a radius of two hundred twenty-five feet (R = 225.00 ' ) , an arc distance of eighty- nine and one hundredth feet (A/L = 89.01' ) to an iron pin set: thence by Lot No. 112 Walnut Point, Plan Book 93, Page 73 the following two (2) coursea 1) North eeventy-six degreea, thirty-six minutea, thisty eeconds East (N 76° 36 ' 30" E) , a distance of one hundred twenty-one and seventy-nine hundredth feet { 121. 79 ' ) to an iron pin set; 2) North thirty-four degreea, Cwenty-six minutea, thirty seconds East (N 34° 26 ' 30" E) , a distance of one hundred seventeen and ninety-six hundredth feet ( 117.96' ) to an iron pin set; thence by land now or late of Joel E. and Jane E. Shiffler and by land now or late of Philip C. and Julie A. Baker South fifty-five degrees, thirty-three minutea, triirty seconds East (S 55° 33' 30" E) , a distance of forty-four and forty-four hundredths feet (44.44 ' ) to a point; thence by other land now or late of Marvin John Edris, Tract No. 1 hereip the following two (2 ) courses 1 ) South thirty- four degrees, fifty-aeven minutes, twenty-five seconds West (S 34° 57 ' 25" W) , a distance of one hundred ninety-£ive feet ( 195.00` ) to a point; 2) South fifty-five degreea, thirty-three minutes, thirty seconds East (S 55° 33 ' 30" E) , a distance of four hundred fifty feet (450.00' ) (erroneously shown as four hundred fifty-one and seventy-seven hundredth feet (451. 77 ' ) in Plan Book 72, Page 20) to a point, thence by land now or late of Marlin R. and Betty H. Weaver, 5outh thirty-four degreea, fifty-aeven minutes, twenty-five seconds weat (S 34° 57 ' 25'� W) , a distance of one hundred ninety- five feet (30.00 ' ) to an iron pin set; thence by Open Space 5 as shown in Plan Book BS Page 1 and by Lot No. 111 Walnut Point, Plan Book 93, Page 73 North sixty-one degrees, thirty minutes, eighteen seconds West (N 61° 30 ' 1B" W) , a distance of five hundred twenty- four and thirty-nine hundredth feet (529 .39 ' ) to a point, the place of BEGINNINl3. Containing 43,277.93 square feet or 0.9924 Acres. BEING Tract No. 2 in a deed from LLOYD J. SDRIS and 6HIRLEY M. EDRZ5, his wife, to M. JOHN EDAIS as recorded in the Office of the Recordez of Deeds of and for the County of Cumberland, Commonwealth of Pennsylvania in Record Book 138, Paqe 529 and beinq Lot No. 3 on the Final Subdivision Plan For Edris Tract, as recorded, in Plan Book 72, Page 20. uND�R AND 6UBJECT, NSVERTHELESS, to restrictions, conditions and easements of prior record pertaininq to said premises. � AND the said Grantor hereby covenants and agrees that he will warrant specially the property hereby conveyed. iN WITNBSS NxBR80F, said Grantor hae hereunto set his hand and seal the day and year first above written. Signed, Sealed aad Delivered in the Preseace of ^ � �x-...-.- �' �.C",. (SEAL) � MARVIN J. EDRIS 0 �� �h �3 (SEAL) M. JOBN EDR28 COMMONWEALTH OF PENNSYLVANIA . . SS. COUNTY OF CUMBERLAND , On this, the I7�f� day of March 2009, before me, the underaigned officer, personally appeared ltARVip J. EDRIB, also known as M. JOHN BDRIS, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument, and acknowledqed that he executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my h$rid and official seal. �1 � �i�'l.l.'��Q1' (SEAL) Nota{r�+' ublic My Co ieaion Expire ,. '' e?, pCfARIAI SEAL ,a�;.�.^�",'`��t`.��', 'C^°•� BEY9fV M.IQI�SAY�No�fY PubNt � ^�; ¢. <. 1�u�te�p Bo%�Ca. # ?c;�� . ;. � ►!Y faru�b�k�cs Nw. 19,2010 •�at Bs� fljA:�f�\@ ,, �,,� 12 �;'� �`''+Mr+ao�u�r, I do hereby certify that the precise reaidence and complete post office address of the within named grantee ia 9 Walnut Lane, Mechanicsburg, PA 17050. March I � , 2009 Andrew C. Sheely, B uire N.T.S. PLBASE RETURN Tp= Aadrew C. Sheely, Ssquire P.O. Sox 95 Nechaaicsburg, pA 17055