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Home My WebLink About09-30-13 i 1505610101 IX(01-1o} REV-1500 OFFICIAL USE ONLY PA Department of Revenue Pennsylvania 28o6 axes 01 County Code Year File Number PO BOX 28a6 Bureau Individual INHERITANCE TAX RETURN rn bLI l � Harrisburg,PA 17128-0601 RESIDENT DECEDENT LEI I ENTER DECEDENT INFORMATION BELOW Social Security Number � Date of Death MMDDYYYY Date of Birth MMDDYY" � 0 ,� U42114119i-q' Decedent's Last Name MI Suffix Decedent's FirstrName� g. U, ,, 3 H�1�� . ■ T= 0 (If Applicable)Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name n Mf F U T ® V� .Y_N_ Spouse's Social Security Number THIS RETURN MUST BE FILED N DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW 9? 1.Original Return O 2.Supplemental Return O 3. Remainder Return(date of death prior to 12.13-62) p d.Limited Estate O 4a.Future Interest Compromise(date of O 5. Federal Estate Tax Return Required death after 12.12-62) O 6.Decedent Died Testate O 7.Decedent Maintained a Living Trust S. Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust) Q 9. Litigation Proceeds Received O 10.Spousal Poverty Credit(date of death O 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 TO: Name . Daytime Telephone Number t o :3 H- i s , 1,7 >17 N2 3 3 j j_j rn r REGISTER OF WILLS U 'ONLY :10 r*I C= m t'> r First line of address 6 A n v _ f M C n 6 0 S cbnd. St., te. . 4-02. r rrI c rirl rrI Second line of address r r }rte cf> c o $Ca'I 2 C' 'DATE ED City or Post Once State ZIP Code '- H 1 rr' t a b cg r Ma Correspondent's e-mail address: , , n n_..,� Under penalties of perjury,I declare that I have examined this return.Including acmmpanying les and statements,and to the best of my knowledge and belief, It is tme,correct and complete.Declaration of preparer other than the personal representative is based an all Information of which pmpamr has any knowledge. NATURE P RSON RESPON ISLE FOR FILING RETURN r DATE . A DRESS SIGNATURE OF P E E fAf FVT� ' r DATE 9 / z3/i3 ADDRESS A00 1 RR �JR4 L E J Side 1 L 1505610101 1505610101 l 1505610105 1 REV-1500 EX Decedent's Social Security Number ' Decedent's Name: RECAPITULATION i 1. I Real Estate(Schedule A). ...................... a 2. Stocks and Bonds(Schedule B) ........ .... .. ... .... ....... ....... .. 2. .. 3. Closely Held Corporation,Partnership or Sole-Proprietorship(Schedule C) ..... 3. 1 4. Mortgages and Notes Receivable(Schedule D). ....... .... ... ........... . 4. 5. Cash,Bank Deposits and Miscellaneous Personal Property(Schedule E)....... 5, 4 6. Jointly Owned Property(Schedule F) rD Separate Billing Requested ..... .. 6. 7. tnter.Vivos Transfers&Miscellaneous Non-Probate Property (Schedule G) O Separate Billing Requested........ L 8. Total Gross Assets(total Lines 1 through 7)... .... .... .. ......• 8. 6 4 5. '7 2 9. Funeral Expenses and Administrative Costs(Schedule H)................... 2= � � . 10. Debts of Decedent,Mortgage Liabilities,and Liens(Schedule I) .. .. .... .... .. 10. 5 . 11. Total Deductions(total Lines 9 and 10), . _ 11. 1 -2 3 12. Net Value of Estate(Line 8 minus Line 11) . .... .... ... .... .......... . ... t2. 4 O_J }, 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which 13 an election to tax has not been made(Schedule J) ....... 14. Not Value Subject to Tax(Line 12 minus Line 13) .. ... .... .... ... . ....... 14. } 9, 6 4 01,r TAX CALCULATION-SEE INSTRUCTIONS FOR APP ABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate,or transfers under Sec.9116 15 , (a)(1.2)X.0 i„ 16. Amount of Line 14 taxable 16 at lineal rate X.0 17. Amount of Line 14 taxable 17 at sibling rate X.12 18. Amount of Line 14 taxable 18 at Collateral rate X.15 19. TAX DUE ............................. l,) fl 4 Insolvent Esta£e 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT _ C=D a 1 � Side 2 1505610105 1505610105 REV-1500 EX Page 3 File Number Decedent's Complete Address: DECEDENT'S NAME STREET ADDRESS ctTV -- Neevil. e"1 Tax Payments and Credits: 1. Tax Due(Page 2,Line 19) {1} 2. CreditsiPayments A. Prior Payments B.Discount Total Credits(A+B) (2) 3. interest . (3) 4. If Line 2 is greater than Line 1+Line 3,enter the difference. This is the OVERPAYMENT. Fill in oval on Page 2,Line 20 to request a refund. (4) 5. If Line 1 +Line 3 is greater than Line 2,enter the difference.This is the TAX DUE. (5) I 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......_...................-............................................................................................. ❑ d. receive the promise for life of either payments,benefits or care?...................................................................... ❑ 2. If death occurred after Dec. 12,1982,did decedent transfer property within one year of death without receiving adequate consideration?............................................................................................................. ❑ ❑ 3. Did decedent own an"in trust for"or payable-upon-death bank account or security at his or her death?.............. ❑ n 4. Did decedent own an individual retirement account,annuity or other non-probate property,which X 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 172 P.S.§9116(a)(1.1)Oj. For dates of death on or after Jan. 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0 percent [72 P.S.§9116(a)(11)(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)j. • The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5 percent, except as noted in 72 P.S.§9116(1.2)[72 P.S.§9116(a)(1)). • The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12 percent[72 P.S.§9116(a)(1.3)).A sibling is defined,under Section 9102,as an individual who has at least one parent in common with the decedent,whether by blood or adoption. RE\+1502 EX+(01 10) pennsylvania SCHEDULE A DEPARTMENT OF REVENUE INHERITANCE TAX RETURN REAL ESTATE RESIDENT DECEDENT ESTATE OF: FILE NUMBER: Paul Futch 2013-00961 All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts. _ Real property that is jointty-owned with right of survivorship must be disclosed on Schedule F. Attach a copy of the settlement sheet if the property has been sold. ITEM Include a copy of the deed showing decedent's interest if owned as tenant in common, VALUE AT DATE NUMBER OF DEATH DESCRIPTION 1. NOT APPLICABLE- Decedent resided with spouse in their residence at 99 Short Lane, Newville Pa. , as Tenants by the Entireties with right of survivorship for more than one year prior to Decedent' s death. TOTAL (Also enter on Line 1, Recapitulation.) $ 0 If more space is needed,use additional sheets of paper of the same size. REV-;503 EX+(8-98�� SCHEDULE B COMMONWEALTH OF PENNSYLVANIA STOCKS & BONDS INHERITANCE TAX RETURN RESIDENT DECEDENT . ESTATE OF FILE NUMBER Paul Futch 2013-00961 All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM _ VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. NOT APPLICABLE i TOTAL(Also enter on line 2, Recapitulation) $ (if more space is needed,insert additional sheets of the same size) REV-1507 EX+(1-97) SCHEDULE D COMMONWEALTH OF PENNSYLVANIA MORTGAGES & NOTES INHERITANCE TAX RETURN RECEIVABLE RESIDENT DECEDENT ESTATE OF FILE NUMBER Paul Futch 2013-00961 All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER DESCRIPTION - VALUE AT DATE OF DEATH 1. NOT APPLICABLE TOTAL(Also enter on line 4, Recapitulation) S (If more space is needed,insert additional sheets of the same size) REV-15o8 EX+(ii-io) pennsylvania SCHEDULE E IG.ti7 DEPARTMENT OF REVENUE CASH, BANK DEPOSITS & MISC. INHERITANCE TAX RETURN RESiDEM DECEDENT PERSONAL PROPERTY ESTATE OF: FILE NUMBER: Paul Futch 2013-00961 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly owned with right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH PNC Bank Savings $61195. 87 Harrisburg, PA 17101 Santander Bank 1787. 61 Harrisburg, PA 17101 Wells Fargo Bank Savings 123. 80 Harrisburg, PA 17101 Wells Fargo Checking 3734. 35 Harrisburg, PA 17101 PNC Bank Checking 84. 61 Harrisburg, PA 17101 TOTAL(Also enter on Line 5, Recapitulation) $ $66, 925. 72 If more space is needed, use additional sheets of paper of the same size. REV-1509 EX+(01-1o) pennsytvania SCHEDULE F DEPARTMENT OF REVENUE INHERITANCE TA)(RETURN JOINTLY-OWNED PROPERTY RESIDENT DECEDENT ESTATE OF: FILE NUMBER: Paul Futch 2013-00961 If an asset became jointly owned within one year of the decedent's date of death, it must be reported on Schedule G. SURVIVING]DINT TENANT(S)NAME(S) ADDRESS - RELATIONSHIP TO DECEDENT A. NOT APPLICABLE B. C. JOINTLY OWNED PROPERTY: LETTER DATE DESCRIPTION OF PROPERTY %OF DATE OF DEATH ITEM FOR JOINT MADE INCLUDE NAME OF FINANCIAL INSTITUTION AND BANK ACCOUNT NUMBER OR SIMILAR DATE OF DEATH DECEDENT'S VALUE OF NUMBER TENANT ]DINT IDENTIFYING NUMBER.ATFACH DEED FOR JOINTLY HELD REAL ESTATE, VALUE OF ASSET INTEREST DECEDENT'S INTEREST 1. A. TOTAL(Also enter on Line 6, Recapitulation) $ If more space is needed, use additional sheets Of paper of the same size. REV-1,510 EX+(08-09) pennsylvania SCHEDULE G DEPARTMENT OF REVENUE INTER—VIVOS TRANSFERS AND INHERTTANCE TAX RETURN MISC. NON—PROBATE PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER Paul Futch 2013-00961 This schedule must be completed and fled if the answer to any of questions 1 through 4 on page three of the REV-1500 Is yes. REM DESCRIPTION OF PROPERTY INEUDE THE NAME DF THE TRANSFEREE,THDR RELATIONSHIP TD DECEDM AND DATE OF DEATH % OECD'S EXCLUSION TAXABLE NUMBER THE DATE OF ATTACH A COPT OF THE DEED FOR REAM ESTATE. VALUE OF ASSET INTEREST IFAPPUCMUE VALUE 1. NOT APPLICABLE TOTAL(Also enter on Line 7, Recapitulation) $ If more space is needed,use additional sheets of paper of the same size. REV 1511 EX+ (10-09) [ i Jpennsylvania SCHEDULE H DEPARTMENT OF REVENUE FUNERAL EXPENSES AND INHERITANCE TAX RETURN ADMINISTRATIVE COSTS RESIDENT DECEDENT ESTATE OF FILE NUMBER Paul Futch 2013-00961 Decedent's debts must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1, Hoffman-Roth Funeral Home $11507 219 N. Hanover St. , Carlisle, PA 17013 ( $11507. 16) B. ADMINISTRATIVE COSTS: 1. Personal Representative Commissions: Name(s)of Personal Representative(s) Street Address City State ZIP Year(s)Commission Paid: 2 Attorney Fees: Stanley H. Mitchell, Esquire $2600. 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: $303- 5 S. Accountant Fees: Register of Wills-Cumberland County ( $303 . 50) - 6, Tax Return Preparer Fees: 7. TOTAL (Also enter on Line 9, Recapitulation) $ 14 410. 66 If more space is needed, use additional sheets of paper of the same size. REV-1512 EX+ (12-08) pennsylvania SCHEDULE I DEPARTMENT DE REVENUE DEBTS OF DECEDENT, INHERITANCE TAX RETURN MORTGAGE LIABILITIES & LIENS RESIDENT DECEDENT ESTATE OF FILE NUMBER Paul Futch 2013-00961 21 -13-0961 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 Barbara A. Kline, Tax Collector $10. 75 70 Asper Rd. , Newville, PA 17241 Colonial Penn Insurance 31 . 85 399 Market St. , Phila. , PA 19181 Internal Revenue Service 1576, 00 Box 9038 - Andover MA. , 01810 Century Link 200. 63 Box 4300 Carol Stream ILL 60197 Live Well Financial 227, 238. 47 Reverse Mortgage Box 40724 Lansing, MI 48901 C & C Towing Services 472. 57 986 Big Spring Rd. , Shippensburg, PA 17257 Advanced, Disposal 109. 26 Box 553916 Detroit MI 48255 Pinker & Associates 6. 20 47 Brookwood Ave. , Carlisle, PA 17015 BMA Cumberland County 1031 . 59 Box 13700 Phila. , PA 19131 Vanderbilt Dialysis Clinic 47. 64 Dept. , 40420 Atlanta GA 31192 Nephrology Hypertension 1542 .Medical Park Circle 13. 35 Tupelo, MS 38801 MSHMC Physiciand Group 47. 99 Box 643313-Pittsburgh PA 15264 TOTAL(Also enter on Line 10, Recapitulation) $$230, 786. 30 If more space is needed,insert additional sheets of the same size. REV'1512 EX+ (12-08) pennsytvania SCHEDULE I DEPARTMENT DFREVENUE DEBTS OF DECEDENT, INHERrrANCE TAU RETURN MORTGAGE LIABILITIES & LIENS RESIDENT DECEDENT ESTATE OF FILE NUMBER Paul Futch 2013-00961 21 -13-0961 Report debts incurred by the decedent prior to death that remained unpaid at the date of death,including unreimbursed medical expenses. ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1. Direct TV 424$2 417 Bridge St. , Danville, VA 24541 Santander Consumer 791 . 78 Box 105255 Atlanta GA 30348 Santander Consumer 1406. 04 Box 105255 Atlanta GA Carlisle Propane Box 577 Carlisle, PA 17015 250. 84 Penn Credit 916 S. 14th St. , Box 988 Harrisburg, PA 17108 214.50 Adams Electric Cooperative Inc. , 1338 Biglerville Rd. , Box 3605 , Gettysburg, PA 17325 1389. 42 Nationwide Insurance 180. 03 Box 148 Newville, PA 17241 (Auto) Nationwide Insurance 998. 00 Box 148 (homeowners) Newville, PA 17241 Capital Tax Collection 1136. 26 19 S. Hanover St. , 102 Carlisle, PA 17013 Monro Muffler Brake 186. 01 944 Walnut Bottom Rd. , Carlisle, PA 17013 Barbara A. Kline, Tax Collector 750. 42 70 Asper Rd. , Newville PA 17241 (real Estate Taxes ) TOTAL(Also enter on Line 10, Recapitulation) 6227. 28 If more space is needed, insert additional sheets of the same size. REV-1512 EX+ (12-08) pennsylvania SCHEDULE I DEPARTMENT OF REVENUE DEBTS OF DECEDENT, RESIDENT ED NTTU RN , MORTGAGE LIABILITIES.& LIENS - - RESIDENT DECEDENT ESTATE OF FILE NUMBER Paul Futch 2013-00961 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' Dr. Mark Pinker 17. 64 47 Brookwood Ave. , arlisle, PA17015 enn State Hershey 30. 58 Box 643291 Pittsburgh PA 15264 _ Lancaster Physicians Managment 54. 15 ox281631 Atlanta GA 303841 io Medical Applications 621 . 27 254 E. High St. , Carlisle, PA 17013 Acct. , Management 5379. 23 Penn State Hershey Med. Ctr. , 360.7 Rosemont Ave. , Box 8875 Camp Hill, PA 1.7001 N phrology Assoc, . of PA. , Box 517 34. 29 Hazleton, PA 18201 Shelby L. Winter 11 . 00 529 Shed Rd. , N wville, PA 17241 School Taxes F esenius Medical Care 621 . 27 Box 13700 Phila. , PA 19191 Hershey Med. , Ctr. , 14. 22 Box 64329 Pittsburgh, PA 15264 Midland Funding 6152. 99 8875 Aero Dr. , San Diego, CA 92123 Capitol Tax Collection 1229. 11 2301 N. Third St. , Harrisburg, PA 17110 TOTAL (Also enter on Line 10, Recapitulation) $ 14165. 75 If more space is needed, insert additional sheets of the same size. REV-1512 EX+(12-08) pennsylvania SCHEDULE I ei7 DEPARTMENT OF REVENUE DEBTS OF DECEDENT, RESIDENT DECEDENT MORTGAGE MORTGAGE LIABILITIES.& LIENS RESIDEM DECEDENr ESTATE OF FILE NUMBER Paul Futch 013-00961 G Report debts incurred by the decedent prior to death that remained unpaid at the date of death,including unreimbursed medical expenses. ITEM NUMBER DESCRIPTION VALUE AT DATE to OF DEATH 1. Digestive Health Specialists 589 Garfield St. , Tupelo, MS 38801 9. 23 Express Scripts Box 66580 234. 11 St. Louis, MO North Mississippi Med. , CXtr. , 235. 65 Box 2240 Tupelo, MS 38803 Nephrology & Hypertension 46. 26 1542 Medical Park Circle Tupelo, MS 38801 Cardiolgy Assoc. , of N. MS. , 50. 99 Box 8325 Belfast, ME 04915 TOTAL(Also enter on Line 10, Recapitulation) $ 576. 24 If more space is needed,insert additional sheets of the same size. ' REV-1513 EX+(01-10) pennsylvania SCHEDULE J DEPARTMENT OF REVENUE INHER[TANCE TAX RETURN BENEFICIARIES RESIDENT DECEDENT ESTATE OF: FILE NUMBER: Paul Futch 2013-00961 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER - NAME AND ADDRESS OF PERSON(S)RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE I TAXABLE DISTRIBUTIONS[Include outright spousal distributions and transfers under Sec.9116(a)(1.2).] 1. Gwendolyn Futch Wife 100% Donald Futch Son 0% Renunciation filed Paula Futch Daughter 0% Renunciation filed Derwin U. Futch Son 0% Renunciation filed ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18 OF REV-1500 COVER SHEET,AS APPROPRIATE. NON-TAXABLE DISTRIBUTIONS A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAXIS NOT TAKEN: 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS: 1. TOTAL OF PART II - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET. $ If more space is needed,use additional sheets of paper of the same size. » v buy fit'. 219 North Hanover Street . Carlisle,PenrWvonia 17013. - A - 717.243.4511 toll free 1.866.451.4511- , fax 717.243.3723" it"Y/iz. -° k ? vv w.hogrnonroth.com FUNERAL HOME & CREMATORY INC. + inWhoffmonroth.com yi. August 21, 2013 Mrs. Gwendolyn Futch 99 Short Lane Newville, PA 17241 Statement of Funeral.Expenses for: Paul T. Futch Date of Death: June 19, 2013 ` Account Id: 16918-156 PACKAGE: Traditional Funeral Service TRADITIONAL FUNERAL SERVICE PACKAGE $ 5,050.00 Sub Total: $ 5,050.00 MERCHANDISE: Casket: Sterling $ 2,660.00 Outer Container: Monticello $ 1,620.00 Sub Total: $ , 4,280.00 OPTIONAL SERVICES: Airfare from Mississippi $ 509.38 Grave Space-Prospect p p ect Hill ; $ 400.00 Sub Total: $ 909.38 5Se TOTAL FUNERAL HOME CHARGES: $ 10,239.38 k CASH ADVANCES: "v Prospect Hill Cemetery $ 600.00 9 $ 60.00 Newspaper Notice $ 348.78 Clergy $ 100.00 Flowers $ 159.00 P' 14: Sub Total: $ 1,267.78 j. Total Funeral Expense: $ 11,507.16 U Total Payments Made: $ 10,583.81 Payments Made: Americo Financial Life Check 12680 Aug 21, 2013 10,583.81 Balance: $---223-M a SERVING OUR COMMUNITY SINCE 1907 Reverse Mortgage Servicing Department P.0 Box 40724 •Lansing,Michigan 48901-7924 ALF L (866)278-2008 Office (855)812-0001 Fax August 5, 2013 , Sent via Certified Mail ESTATE OF: PAUL T. FUTCH 99 SHORT LANE NEWVILLE, PA 17241 Mortgage Due & Payable Notification This is an attempt to collect a debt. However, if your loan is currently, or was previously involved in a bankruptcy where your case was discharged and/or you are surrendering the real property in which Live Well Financial has an interest, we are not seeking personal liability against you. We are pursuifg our rights as they relate to the real property under the terms of the Deed of Trust or Mortgage. RE: Reverse Mortgage Loan #1100005 Dear Estate Representative: As you may or may not know, there was a reverse mortgage on this borrower's home and we are prepared to assist you in any manner possible to ensure that this debt is properly handled. There are specific guidelines mandated by the Department of Housing and Urban Development (HUD), and they are as follows: The reverse mortgage in the amount of $228,422.79* as calculated to the end of the current month, is technically in default due to the death of the borrower. This default must be resolved by any of the following methods: A. The debt must be paid-in-full within 30 days from the date of this letter. B. The mortgage will be released and no deficiency judgment filed if the property sells for at least 95% of the appraised value with the proceeds " made payable to Live Well Financial, even if the debt is greater than the appraised value. Rtln q" 0 < < ➢ Please contact us for more information if you are interested in this option and believe that the property value is less than the outstanding principal balance. C. If the debt is not paid-in-full, or the property is not sold within 30 days from the date of this letter, we are required to initiate foreclosure proceedings. D. We are permitted to consider accepting a deed-in-lieu of foreclosure, as long as good marketable title can be conveyed. If you fail to cure this breach within 30 days from the date of this letter, we will proceed immediately with foreclosure and sale of the property. Once the foreclosure action begins, you can still pay all monies due, including attorney's fees, and have the foreclosure process discontinued. V1/e realize these are very difficult times and are willing to work with you, but it is essential that you contact us immediately to discuss these important matters. You may reach our Reverse Mortgage Servicing Center at (866) 278-2008 from 8am — 5pm EST. Sincerely, Reverse Mortgage Servicing Department * This is not a payoff figure. Please contact our Reverse Mortgage Servicing Department to obtain an accurate payoff amount. w. This is an attempt to collect a debt and any information obtained will be used for that purpose. �NN � uq f« " i r Mvn N •l'T 1- m oowv •z c a-%one V1 'N � o an- s o N IC a¢ IV).o • w w � J N M r I\ orii Fe. •O •41 ey �6 R1 � L� O >� 41 O r N � . TU Q O — L Z U J Q QN N J '-I ?I .�- [J T .-1 4J .CD 0OOZ �o 3 O cn U) U) 0 ° o U NPa, z L (5 ro a 0 o � f O I.d 0 O m e� 4J .al O N 1 In /.- �G• = N E U H w VA