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Home My WebLink About11-01-13 (2) � 15056101�5 REV-1500 EX(02-11}(FI) w PA Department of Revenue pennsylvarria OFFICIAL USE ON�Y GCGAPI4lN!pF NLYCNUL County Code Year File Number Bureau of Individuat Taxes INHERITANCE TAX RETURN PO BOX 28ofi01 Harrisburq,PA��128-0601 RESIDENT DECEDENT %Z- 1 �-3 ��- �o� ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY 02/01/2013 04/22/1920 _ _ _ _. _ _ : _ _ __ ___ _ _ _ __ _ DecedenYs Last Name Suffix Decedent's First Name MI __._... __.._ _._ _. _._ _.. ,_ _. _........ __, ..... _.._..... _ _.... __ __ Barrick Mary K __ (If Applicable)Enter Surviving Spouse's Information Below Spouse's l.ast Name Suffx Spouse's First Name MI _..... _.. _.. _.. _. __. __ _..__.. __. _ _._ ____ _ ___ _ ___ _ __. ___. _ __.._. _ _. __.. Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE __ _ _ _ REGISTER OF W1LLS FILL IN APPROPRIATE OVALS BELOW � 1.Original Return p 2.Supplemental Return p 3. Remainder Retum(Date of Death Prior to 12-13-82) O 4.limited Estate O 4a.Future Interest Compromise{date of p 5. Federal Estate Tax Return Required death after 12-12-82) � 6.Decedent Oied Testate � 7.Decedent Maintained a Living Trust � 8.Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust.} O 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 Schedule O) CORRESPONDENT-THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SNOULD BE DIRECTEO T0: Name Daytime Telephone Number __ ___. _....._ _........ ___ _._._. _. _.__ , _ _ _ . 'Rosalie B.Ankabrandt '(717)249-6786 REGISTER OF WILLS USE ONLY First Line of Address ; __ _. _.. __ _ _.. _ �7 _. _ __ _ .. .., 1321 White Birch Lane � Q ,� . � i Second Line of Address � '� � � __ __._ __ __ �� Q � � _ _ . _ __ __ _ __.. � > DATE F � City or Post O�ce State ZIP Code "'"l t� ` _ _ _ _ __ . ; Carlisle ; PA 17013_ __ _ � "��''p � G� � ___ _ __ __ _. _. _ : �j � '�7 -ry Correspondent's e-mai)address:roseank168@yahoo.com � ``'� � :� � t'~�- '� Under penalties of perjury,I declare that I have examined this retum,including accompanying schedules and statements,and to the best of my knowiedge�ietief,/``^ �"! it is true,oorrect and complete.Declaration of preparer other than the personal representative is based on all information of which preparer has any knoull�f jc e. � � SIGNAT RE OF PERSON RESPONSIBLE FOR FILING RETURN DATE '� �g � � � ADDR SS 1321 White Birch Lane,Carlisle, PA 17013 SIGNATURE OF PREPARER OTHER THAN REPRESENTATIVE DATE ADDRESS PLEASE USE ORIGINAL FORM ONLY Side 1 � 150561,�7,05 1505610105 J � 150561�2�5 REV 1500 EX(FI) DecedenYs Social Security Number _ _....... _. DecedenYs Name: RECAPITULATION __ 1. Real Estate(Schedule A). ............................................ 1. 165,000.00 2. Stocks and Bonds(Schedule B) ....................................... 2. 3. Closely Held Corporation,Partnership or Sole-Proprietorship{Schedule C) ..... 3. ' _ _........ __..._ _...._... 4. Mortgages and Notes Receivable(Schedule D}........................... 4. 5. Cash,Bank Deposits and Miscellaneous Personal Property(Schedule E)....... 5. ', 15,965.65 6. Jointly Owned Property(Schedule F) O Separate Billing Requested ....... 6. .. ........ 7. Inter-Vivos Transfers&Miscellaneous Non-Probate Property (Schedule G} O Separate Billing Requested........ 7. 698,000 00 8. Total Gross Assets(total Lines 1 through 7)............................. 8. ' 878,965.65 9. Funeral Expenses and Administrative Costs(Schedule H}................... 9. . 15,392.59 10. Debts of Decedent,Mortgage Liabilities and Liens(Schedule{)............... 10. 40,977.15 11. Total Deductions(total Lines 9 and 10)................................. 11. 56,369.74 12. Net Value of Estate(Line 8 minus�ine 11).............................. 12. I 822,595.91 13. Charitable and Gavernmental Sequests/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. 822,595.91 ` TAX CALCULATtON-SEE INSTRUCT{ONS FOR APPLICAB�E RATES 15. Amaunt of Line 14 taxable at the spousal tax rate,or transfers under Sec.9116 __ _ . 0.00 _ _ (a}(1.2)X.0_ 15. 0.00 : ,:. ,,....; 16. Amount of Line 14 taxable ` . ° at lineal rate X.0 45 822,595.91 : 16. ' 37,016.81 ..... ..... ....... .. .......... .. . .... ...:... ... _ .......... ..... .. . .. ,.. . 17. Amount of Line 14 taxable " at sibling rate X.12 ' 17.' _. _ , 18. Amount of Line 14 taxable at collateral rate X.15 18.f _. __ _ _ _.. ___ __.. _____ ,..... __..... _........: 19. TAX DUE......................................................... 19. 37,016.81 _... ......... __..... __ _ 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT � $ide 2 � 15056102� 15056102D5 � REV-1500 EX(FI} Page 3 File Number �� "" � � � O i 7 � Decedent's Complete Address: DECEDENTS NAME Mary K. Barrick STREET ADDRESS 442 Walnut Bottom Road C�n ' STATE i ZIP Carlisle ' PA 17013 Tax Payments and Credits: 1. Tax Due(Page 2,Line 19) (1) 37,016.81 2. CreditslPayments A.Prior Payments 39,041.17 B.Discount Total Credits{A+B) (2) 39,041.17 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) 2,024.36 5. If Line 1+Line 3 is greater than Line 2,enter the difference.This is the TAX DUE. (5) Make check payable to: REGISTER OF WILLS,AGENT. �„ ...s<z ><..a.,<:e..:,q,.��.,.., .�.�.., .,. . �.. >...�„,. „.,.._,E,. , ..,..,, ,.,..':<., , ..M:,..,.« .....�` f�.;. _�., .. �,,r,d.�..� .,_��„. , ...�..< v z,:,., ........ > .. .. ,z. �, .. ., .... >, �. . 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 trensferred.......................................................................................... ❑ � b. retain the right to designate who shall use the property transferred or its income............................................ ❑ � c. retain a reversionary interest.............................................................................................................................. ❑ � 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?.............. ❑ � 4. Did decedent own an individual retirement account,annuity or other non-probate property,which contains a beneficiary designation? ........................................................................................................................ ❑ � IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES,YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. z � �� :,��c.. �� f�� .<> :. .< ,:: :. .,. .... �,:._. .<,.., h... ..,... .. .... ,< .. . .. , . .� , v ,.. , ?':. .... _. . �.... ,. .. .. .... ...... .. , For dates of death on or after July 1,1994,and before Jan.1,1995,the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3 percent[72 P.S.§9116(a)(1.1)(i)]. For dates of death on or after Jan. 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0 percent [72 P.S.§9116(a)(1.1)(iiy].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 beneflciary. For dates of death on or after July 1,2000: • The tax rate imposed on the net value of transfers from a deceased child 21 years of age or younger at death to or for the use of a natural parent,an adoptive parent or a stepparent of the child is 0 percent[72 P.S.§9116(a)(1.2}]. • The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5 percent,except as noted in[72 P.S.§9116(a)(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)].A sibling is defined, under Section 9102,as an individual who has at{east ane parent in common with the decedent,whether by blood or adoption. REV-15d2 EX+(12-12) pennsylvania SCHEDULE A DEPARTMENT OF REVENUE INHERITANCE TAX RETURN REAL ESTATE RESIDENT DECEDENT ESTATE OF: FILE NUMBER: Mary K. Barrick 21-13-0242 All reai property owned solely or as a tenant in common must be reported at fair market vafue.Fair market value is deflned as the price at which property would be exchanged between a willing buyer and a willing selier,neither being compelled to buy or seii,both having reasonable knowledge of the relevant facts. Real property that is jointly-owned with right of survivorship must be disclosed on Schedule F. Attach a copy of the settlement sheet if the property has been soid. ITEM Include a copy of the deed showing decedent's interest if owned as tenant in common. VALUE AT DATE NUMBER OFDEATH DESCRIPTION 1• 303 Airpot Drive,Carlisle,Cumberland County,PA house and land owned by Mary K.Barrick 165,000.00 Deed dated December 30,2005 and recorded in the Office of the Recorder of Deeds of Cumberland Couniy,Pennsylvania in Deed Book 272,Page 2845; Copy of Appraisal and Deed attached TOTAL(Alsa enter on Line 1,Recapitulation.) $ 165,000.00 If more space is needed,use additional sheets of paper of the same size. REV-i5o8 EX+(o8-u) pennsyLvania SCNEDt�ILE E DEPARTMENT OF REVENUE CASH� BANK DEPOSITS 8�MISC. INHERITANCE TAX RETURN PERSONAL PROPERTY RESIDENT DECEDENT ESTATE OF: FILE NUMBER: Mary K. Barrick 21-13-0242 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 �,' M 8�T Bank-Checking Account No.: 000002672001951 15,005.28 2.�; 2012 US Federal Income Tax Refund 250.00 3, US Savings Bonds 710.37 TOTAL(Also enter on Line 5, Recapitulation) $ 15,965.65 If more space is needed,use additional sheets of paper of the same size. REV-1510 EX*(Q8-09; � pennsylvania SCH E DU LE G DEPARTMENTOFREVENUE INTER-VIVOS TRANSFERS AND INHERITANCE TAX RETURN MISC. NON-PROBATE PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER Mary K. Barrick 21-13-0242 This schedule must be completed and filed if the answer ta any of questions 1 through 4 on page three of the REV-1500 is yes. �M DESCRIPTION OF PROPERTY DATE OF DEATH �/o OF DECD'S EXCLUSION TAXABLE INCLUDE THE NAME OF THE TRANSFEREE,THEIR R0.ATIONSHIP TO DECEDENT AND NUMBER THE DATE OF TRANSFER.ATfACH A COPY OF THE DEED FOR REAL ESTATE. VALUE OF ASSE� INTEREST (IF APPLICABLE) VALUE 1, GiR of cash to Rosalie K.Ankabrandt and Darlene B.Smith-01/30/2013 175,000.00 6,000.00 169,000.00 2 Irrevocable Trust Agreement-Barrick Irrevocable Grantor Trust,Rosalie B. Ankabrandt and Darlene B.Smith,Trustees; Unfunded Grantor Trust,with exception of 58.6 acres of real estate situate at 303 Airport Drive,North 529,000.00'' 529,000.00 Mlddletown Township,Cumberlandland County,PA TOTAL(Also enter on Line 7,Recapitulation) $ 698,000.00 If more space is needed,use additional sheets of paper of the same size. , � .�,��V-IS?i EX-f;)�-i�; t : i � � enns tv ' � SCHEDULE H ; p y arna , DERARTMENTOFREV��v�E � FUNERAL EXPENSES AND s zh��R:TA•:'JCE TAX RETURN � ADMINISTRATIVE COSTS i RE5`•.�Ef�T p�CE�,'cNT i � ESTATE OF FILE NUMBER Mary K. Barrick 21-13-0242 Decedent's debts must be reported on Schedule I. iTEM iUUhiBER �ESCR?r�TIOid � �i�40UNT A• � FUNERAL EXPcNSES: � " Hoffman-Roth Funeral Home&Crematory, Inc. 189.74 � E.F. Redding&Son-completion of gravemarker � 125.00 Hoffman-Roth Funeral Home&Crematory, Inc.(death certificates-James Barrick) 45.00 � Hoss's-Fellowship following funeral � 629.35 Lydia Fund-donation for snacks provided at visitation � 150.00 i i I B. ADP�IINISTRATIVE COSTS: I � i �. Per;onal Represert�tive�omrr:issio^s: ; � 9,000.00 � Narn2(s1 cr Persona'Representat,.-e�s) Rosalie B. Ankabrandt and I�artene B. Smith j _.. _ _ _ _ .... __ __.. _. __... � Sti'2¢t Atla!'eS5 � - . _— _�—__ ! �;;y Carlisle ' --. _ .stai� PA z=�_17013 i_ � � Yeari s;Ccmmiss:on Fai�: 20'(3 i -- - ---- � � � � 2. ,�ttorney Fees I 4,900.00 a 3• Family Exempticn: ;If decede^t's a�cress is�ct t�e sam�as cla;mont`s;a:�ach explar�aticn.; Gaimant Street Ae�cress � _.-�-- ---....---__ .—._—...—._.._. � Cicy___ StaLe Z:P � ------_..__. ---__--.----—...—_—_—-- __ .----- _.._--__--..____�___ ; Rela�i�r:ship of Cia;mant,�C3eced��t � —__—.__._ _�_._—.—...__`.._...—_�....—._...—�_ � � 4• ( Probate�ees: ! � 353.50 5• Accountar,t�ees: � � � 6. Tax Ret!�rr Pre�ar��Faes: � � 7. ( � E � � + � ! f i � � � � � � � E TaTAL(Rlso enLer on �ine 9. Ra�a�,�t��at��t 1� '�4� �o R�v-i��.z�x+{iz-t�} pennsylvania SCHEDULE I DEPARTMENT OF REVENUE DEBTS OF DECEDENT, INHERITANCE TAX RETURN MORTGAGE LIABILITIES&LIENS RESIDENT OECEDENT ESTATE OF FILE NUMBER Mary K. Barrick 21-13-0242 Report debts incurred by the decedent prior to death that remained unpaid et the date of death,inciuding unreimbursed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1� Register of Wills,Cumberland County,PA-Filing Fee-Inheritance Tax Retum and Inventory 30.00 2. Register of Wills,Cumberland County,PA-Filing Fee-Estate Settlement Agreement 20.00 3. Register of Wills,Cumberland Couniy,PA-copy costs 9.00 4. Postage for thank you notes-re remembrances 9.20 5. Cumberland Law Joumal-Advertisement,Estate Notice 75.00 6. Joumal Multimedia-Advertisement,Estate Notice 194.00 7. Pecht�Associates,PC-Attomey's Fees 1,000.00 8. Hazen Elder Law-costs incurred re settlement Trindle Road property 75.31 9. SEK b Company-preparation 2012 Federal and Pennsylvania income tax retums 435.00 10. Diversified Appraisal Services-Appraisal,303 Airport Road,Carlisle,PA 500.00 11. Robin Sollenberger,Tax Collector-303 Airport Drive,Carlisle,PA 2,161.86 12. Robin Sollenberger,Tax Collector-303 Airport Drive,Carlisle,PA 509.02 13. Thomwall Home-miscellaneous expenses for January for Mary K.Barrick,deceased 210.37 14. Millennium Pharmacy Systems-2013 pharmacy expenses for Mary K.Barrick,deceased 63.24 15. Mobilex X-Rays-January,2013 x-ray services for Mary K.Bamck,deceased 147.00 16. Pennsylvania Department of Revenue,2012 personal income tax 2,303.00 17. North Middletown Township Authority-12/12-8/12 332.28 18. Josh's Lawn Service- 303 Airport Road 700.00 19. Kenneth D.Ankabrandt-reimibursement for lawnmower repair 388.13 20. PPL Electric Service-1113-9/13 875.77 21. Checks Unlimited-Estate Checks 5.50 22. U.S.Postal Service-postage re liquidating insurance policies and other miscellaneous items 44.63 23. Frank Smith-supplies to repair spoufing,303 Airport Drive,Carlisle,PA 16.81 24. Robin Sollenberger,Tax Collector,Airport Drive- 58.6 acres of land 61.37 25. Divers�ed Aappraisal Seroices,Appraisal-58.6 acres of land 500.00 TOTAL(Also enter on Line 10,Recapitulation) $ 10,666.49 If more space is needed,insert additional sheets of the same size. REV-1512 EX+(12-12} � pennsylvania SCHEDULE I DEPARTMENT OF REVENUE DEBTS OF DECEDENT, INHERITANCE TAX RETURN MORTGAGE LIABILITIES&LIENS RESIDENT DECEDENT ESTATE OF FILE NUMBER Mary K. Barrick 21-13-0242 Report debts incurred by the decedent prior to death that remained unpaid at the date of death,inciuding unreimbursed medical expenses. I�M VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. 26. Robin Sollenberger,Tax Collector,Airport Drive-58.6 acres of land 260.66 27. Rosalie B.Ankabrandt-Loan to Estate for expenses 15,025.00 28. Dariene B.Smith-Loan to Estate for expenses 15,025AU TOTAL(Also enter on Line 10,Recapitulation) $ 30,310.6fi If more space is needed,insert additional sheets of the same size. REV-1513 EX+(01-10) � pennsylvania SCHEDULE � DEPARTMENT OF REVENUE INHERITANCE TAX RETURN BENEFICIARIES RESIDENT DECEDENT ESTATE OF: FILE NUMBER: Mary K. Barrick 21-13-0242 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(5)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• Rosalie B.Ankabrandt =Daughter 25% ' 2.' 'Darlene B.Smith Daughter 25% ' 3. Barbara Lee Grandchild 10% 4. Edward Smith Grandchild 10% 5. Lisa Ankabrandt Grandchild 10% ! 6. Jennifer Smith Grandchild 10% 7. Lori Ankabrandt Grandchild 10% 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 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. �AST WILL AI�tD TESTAMENT OF MARY K.BA�RRIC� I? 11�Y K. BARRICK, now domiciled in Cvmberiand County, PennsyIvania, declare this to be my Last Will and Testament. I revoke all otiser wills and cotlicils that I may have previously made. Articie I _ My just debts and expenses of my last illness, funera,�, and administration of my estate sha.Il be paid by my Executor from the principal of my residuary esrtate as soon as practicable after my death. Article II .All inheritance, estate, and succession taxes (including interest and penalties thereon, but not including any generation skipping tax) payable by reason 4f nr�y death shall be paid out of and be charged generaily against the principal of my residu.aty estate without reimbursement from any person, vv�th the exception of any inheritancez es#ate or succession taxes due on the s�pecific bequest outlined in Article N hereof, w�ich shall be paid pro rata.by the recipients of � the s�pecific bequest. This provision is not a waiver of any right which my Exec�ttor has to claim . reimbursement for any such taxes which become payable as the resuit of any property over which I have the power of appointrnent. Article III I give, devise and bequeath my tangi.ble personal properry in accordance with any memorandum I have handwritten or signed,located with my will or wlth my valuable papelS a�id found within 3Q da.ys of the probate of my will. Crifts ma�only be to persons vvho survive me or to organizations which exist at my death, and if there is a conflic�, the memorandum having the Iatest date shall govem. To the extent no such memorandum is found; or alI of my tangible Personal property is not disposed of ptusuant �hereto, my tangible personai property shail be added to my residuary estate and pass under Article V hereof. Article IV I give, devise and bequeath any interest I may have at the time of my death in that real property Iocated at �O1 S E. Trindle Roati, Mechar�icsburg, pennsylvania, a description of which is attached hereto as Exhibit"A", subject to any outstanding liens, encumbrances,taxes, utilities, . • andlor applicable inhentance taxes,as follows: � A. ONE-THIRD (1/3) EQUAI,LY to my daughters, RUSALIE B. .� - :ANKABFCANDT, of Cuznberland County, Pennsylvania and DARLENE B. SMITH, of . Cumberland County,Pennsylva�za,per stirpes; . . B. OIVE-'I'FIIRD {1/3j to my brothez, RALPH I�Ei�fNEDY, of Mecharucsburg, � Pennsylvania,per stirpes; and - C. ONE-THIRD (1i3) to my brotlier, NORMAN K,EPfNEDy, of Diilsburg, � Pennsylvania,per stzrpes_ Any inheritance t� due a�d pa��able on this bequest shall be allocated pro-rata to the beneficiaries outlined in this Article I�T. -- Article V A1I the rest, residue and remainder of my estate, of whatsoever nature and wheresoever situate,I give,devise and bequeath as follows: A- FIF�Y PERCENT {50%} of my estate to be spIit equally between my two tiazt�hteZS,ROS.ALI�B.ANI�ABRANDT AND DARLENE B. SMITH,per stirpes. � B. � PERCENT (5U%) of my estate xo be equally divided and distributed to my grandchildren, BARBARA LEE, EDWARI3 SMTTH, LISA ANI�ABRANDT, JEI�NIFER S11rIITH,AND LORI ANI{ABTr�.ANDT,per stirpes. If a beneficiary fails to survive me by t�iirty (30} d.avs, but leaves descendants who survive me by t�urty (30} days, those descendants shall receive; Per Stirpes, the share the beneficiary wou.ld have received had he or she survived me by t�iirty(30)days_ Article VI I nominate, constitute and appoint my daugh�ers, Rt}SALP�E �. ANKABRANDT AND DARLENE B. SA�ITH, as Co-Executors of my Last Wili and Testament. I direct that my Co- Executors be pernutted#o serve without bond. In addition to those powers granted by law, I grant them power to distribute in cash or in kind, in Iike or in uniike shares, and to fiie any quaiified disclai.mer I could have filed if lzving. My Co-Executors or shall receive reasonable compensa�ion for services rendered#o my estate. . A.rticle VII In addition to the powers conferred by Iaw, I authorize my Co-Executors, in their absolute discretion: (a} to retai.n in the form received and to sell either at pubiic or private sale, any real estate or personal property except that�vhich i specifiGaliv bequeath herein, (b) to mauage real estate, (c} to invest and reinvest in all forms of property wzthaut being confined to legal investrnents,and urithout regard to the principai of diver�ification, . (d) to exercise any option or right arising from the ownership of investments, (e) to compromise clai.ms without court approval and without consent of any beneficiary, � � � (� to file any federal incame ta.x re�urn for any�e�.r for which I have not filed such refiun priar to my death; (g) to make distributions in cash or in kind, or in both, and to detezmine the value of any such praperty, (h) to employ any attomey, investment ad��isor, or other agent deemed necessary by my Co-Executors;and to pay from my estate ressonable compensation for aII their services, (i) to conduct alone or with others, any business in which I am engaged in, or have , an interest in at time of my death,and (j) to receive reasonable compensation in accordance with their standard schedule of fees in effect while their services are performed. iN WTTNESS 'S�HEREOF.I,MA►RY K.BAItRICK,hereby set my hand to this m�r Last Will and T�ent,on "�J�.e �� ,2007,at Harrisburg;Pennsyivania. � �. : _�''T f Cv�,.�'� /J I�-;.aY:.L� MARY K.BARRICK In our presence,the above-named i�ZARY K. BARRICK signed this and declared this to be her Last Will and Testament and now at her request, in her presence, and in the presence of each other,u�e sign as witaesses_ Name Address � 2000 Lin�lestown Rd.,Suite 20?.Harrisbur�,PA 17�1 a 2000 Lin�Iestown Rd._Suite 2�2.Hanrisbur�.PA I7110 1 I, RRARY K. BARRICK, Testa.trix, who signed the foregoing instrument, having been duly qualified. according to law, acknowledge that I signed and executed this instrument as my Wili, and t�iat I signed it willingly as my free and voluntar�� act for the purposes therein expressed. Swom to or affinmed and Acknowledged before me by MAR'�K.BA►RRICK,the Testatrix on Fe.d �,9 0?d ,2007. �?� ��, .�'� �� 3 u��,:.;...L Notary Public 1ViARY K. BA►RRICK co�n�a�v'v1tEA�TH OF PEN11lSYLVHi�iIA �� ► Susquehant�atTwA•,Daupt�CouniY � MY CommiSSion E�Aug.'t�,�7G QVe,the undersigned witnesses who si�ed the foregoin�inslarument, being duly qualified accord'ulg to Iaw, depose and sa.y that we were present and saw the �esfiatrix sign and e�.ecute �1iis v�stn�nnent as her Will;that she signed and executed it willin�iy as her free and voluntary act for the purposes therein expressed; that each of us in her sight and hearing signed the Will as wittnesses, and that to the best of our knowled.ge, that she was at that time eighteen (18) years or more of age,of sound mind, and under no constraint or undue influence. Sworn to or aff'inaied and Subscribed to efore me .- �� , � � by I , � i r �: and itr�ess � �' v witn ses,on ,e �0 _2007. � �� IiT ess r �,� � Notary Public ct�oww��oF�nwsv�var� t+�at se�t S�� Y��Exp�esA�.14,�0 J . Property Description �018 E.Trindle Road �Iechanicsburg,Pennsylvania BEGINNING at a poin#on the southem right-of-wa�line 4f the Trindle Spring Road, said point being at corner of Iands now or formerly of�-Iarry P. Mvers and Nora.S.Myers,lus wife;thence along said southern Iine of Tnndle Spring Road,nort�i seventy-six(76)degrees east a distance of eighty-six(86)feet to land formerly af John C. Kunkel,now or formerly of James Hunter;thence along said Iand now or formerly of Hunter south twenty-fihree(23) degrees east a distance of four huudre�d ninety-nine and five ten�hs{499.5)feet to t��e center of sa.id right-of- wav south seventy-six(76}degrees west a distance of eighty-six (86)feet to Iand now or formerlv of Harry P,Myers and Nora.S. Myers;thence aiong said land now or formerly of Myers north fiwenty-three(2;)degrees west a distance of four hundred ninety-nine and five-tenths (499.5)feet to a point on the southern side of'I'rindle Spring Roa.d,thc p�ace of beginning. • ' GG �� 1 l� � -�.,_ .. . ..�................_._-- � - . , .,- �� . • �� .j�:...:.._.��. _.:i'-+'i":^ . .....i:i�.._.. tr f' i:1.._,3•� --- �E , ,�.. _;..�s:t' +�► .'i.�_.1 t�.I L•� .ii ."(:i L�� C�C 30 P�f � 1'i DEED JiAA�l�THE ��" day of I��, fn#he year of our�ord Two Thousand Five (2�5} BEtWEEN MARY K.BARRICK,widow, of Cumberiand Gaun#y, Pennsylvpn�a, her��naffe; (Grantorj and MARY K.BARRlCK,widow,of Cumberland County, Pennsyiv4n�o, hereinafier (Cranfiee� WITNE3SETH,thdt in conside�atton of One�oi�ar and 001�00($1.00� tn hand paid, the receip#whereaf�hereby acknowlsdged,the said�rantor does heceby grant Qnd convey to the said grantee.her heirs and asslgns. ALL THAT certafn t�act of tpnd situnte in North Middlefar�Township,Cumberland County,Pennsylvania�bounded and described as fo�lows: BEG�NNiNG at a concrete monument on the northern r�ght of way tine o#Airpor# Drive at fhe divid#ng line of Lot 3 herein conveyed qnd of residucr!tot 1 as shown on fihe h�einafter mentioned Subd�vfsion P�an;thence afong scfid right of way NQrth 58 degre�s�1 minufies 22 seconds West.a distance of 186,Qp feet to a � concrefe monumenfi at fhe divid�ng line of i.ot 2;fhence�tong lot 2 North 31 degre+es i 8 minutes 38 seconds Eost a distanca of 200.Op feet#o an�ron p1n set at fihe divtding ilne of aforementtoned res�dual�ot l;fhence along residual Lot 1 ; , South 58 degrees 4l m�nutes 22 seconds East a di$fance of 186.00 feet to an i�on ; pin set;ihence South 3i degrees 18 rr�invtes 38 seconds�lllest,a d�stance of � 200.00 fee�to v concrete manumenf�the Ptace of BEGI�NING. ' � � BEtNG imp�oved wtth a one-story br�ck ctwetling and garage knawn as 303 Aitport Drive. . � i CQNTAINING an area of 0,854 acres arnd faeing Lot 3 r�s shown on the�nal � Subdiv�aion P�an for Mary K.BdrrECk prepared by larr�r V.Neidiinger, P.E.,dated August 6,20�5 and recorded in Cumberland Coun�r Plan gook 91,Page 1�5. � � BEING part of the sc�me premises whicn Geo�ge E. Henry and F'�rn V.Henry, � husband and wife,by Deed dated August 27, 1952 which Deed is recorded in � the OffFce of the Recorder of Deeds in and for Cumberland County in Deed Book ; 15-C.Page 11-,granted ancl conveyed#o James R.Barrick and Mary K.Barr�ck, ' husband and wife. The said James R.Bat�ck depqr#ed this�ife on t�reh 19, t 9�3 i thereby vesting title in Mary K.6arrtck, Grantor h�rein. � eoo� �� ►c�845 � . . . .._ --- --------_ T____._ _ . ��Y1��.. . .r �. . . ' " -�. a . . .• .� .. • r UNDER AND SURJECT to fihe fof�owing res�ict�ons: i. No mobiie homes shall be kep�i or mcrintained on the prernises at any#tme. 2. No uruegistered or d�bied vehic�es are permrtted on a fot ar driveway. Unregistered or clisc�b)ed veh�cles may be stored insEde a buitding if they are entirely concec�led and au#of sight. � 3. No ouibuilding,tent shack,garage,house�rc�iler,mob�ie home, modutar home,barn, shed or temporary buitding or sfru�ture of any kind shal�be used as a re�dence,etther femporqtity or perm�nen#ty, 4. The�ond herein referrad to shali be used�oiely for res�dentj4l purposes and shall not be used for any commercial use of ony#ype or nature. 5. AEi drainage easement swales,as shown on ih�fecorded pian,must be matnfained by the owners of said lots. �he 1ot owner mus#keep fhe area mowed and kept the cufverts over the swdle free af debns sa that wafer does nof build up�n fhe swpie. b. No tivestock a#any kind,#ncluding but nof�imi#ed to cattle.poui#ry anct hogs shc�ll be permitted under any c�cumst�nces, Ovfidoor kennets or the commerc�a� breeding of dogs 1s prahibited. 7. Unattached gvrages and starage sheds are permifted prov�ded they conform with the exterbr finish,color and�oof style of fhe e�sfing home or any home to be constructed. S. Noth�ng shall be done on the premises w�ich s�all cre4te a disturbance or csnnoydnce to a�oining landowner�. 9. These restnctions shali impose no obt�gQ#ion oc rest�c��ons except as to those lots whieh are conveyed by o deed specifically�efening#o these Restrietions. Res#rict�ons may be amended by an agreeme�#in writing, executed by a major�iy ot ihe owners of the 3 fot Subdiviston as now recorded,pro�ided,that no such agreement Can C�ffeCt th8 tespOnsib�'lity of lot owners to main#ain ihe dratnage or uti�ity easements. . . . � 10. No adverf�s�ng or display s�gn (except home occupaiion sign� shalf be � erected or maintained on the Subdivision other fhan fhe customary"For � Rent"and"For Sale"signs when#he same pertain to fihe premises on wh�Ch ; they are located. 4ne home occupatton sign shalt be permitted bu#shall � not be larger than sfx�6� inches by eighteen �)8j inches. ; ; 11. The unimproved portions of any fot shail be mdin#ained qf pil times and aii awners or occupiers of iots st�tc�ll k ` eep the same free a#al!weeds or other � ob�c#ionable grovvth,and in good order. � �� 1�1�� _..,.�..__. _ • --•-..�.._- --.... .. . �. . . .. ,. �2. No rubb�sh mQy be dumped or stored on pny lots. This is a frtinsfer ftorn Grarntor to hersel#as Grantee and�s therefore axempt from Pennsylvania Realfiy Trpnsfer Tax. � � i ; t aND the svid Grantor hereby covenc�nts and agrees tha#she yv�ti vv�tt�ant speCia!!y the�operfy hereby conveyed. � f � � �� - -- -----�-_.-j___. . . � --�w.....__.._.,,.�. . . - + . . . ... ..._ . , . � IN WITN�1111f�lE�EpF,sc�id grantor has hereunto se�her hand a�d sea!the day and year above wrttten. SIGNE!},S►E�I►LED AND DE1�Y�tEp ; THr�iRIE�L�iCE OF . . �. ' ��.. ' _ ' ��.�.t � a : rNctry . Ba�rick . . : COMlv1C�NWEALTH OF PENNSYLVANIA; COUN'tY OF CUAAgERLAN �� On this, the�� day of ,2�Q5 before me,the und�gned officer persona�ty�ppea�ed Mary K.8c�ck,widow,known to me �or satjsfactori! � : proven� io be the�son whose ncrme�s subscribed tc�the w�thin instrumen#,and acknowledged thQt she executed#he spme for fi�e pu�o��s therein contafned. (n Wifness Whereof, t have hereun set my ha of�rcipl seat. , � , ��u.�"'�. a r.o�..�i�.+'�'`'w'rr _ �) � �► Tt�e of Qffic fb►l�1wN�r11��'�� ,' � !do hereby certify that the�recise res�dence anci ca p ! address of the within named gran�ee� 303 irport Dr m �efe post of�ce ; C lisle, PA 17013 � . - � ! DATED: I ; , . � Attomey for Grantee � � i , � Certify this ta be rccord � ed � �n Cumberlai�d County PA � .r-�--- � ' l . .:�t��N��jt�/(�� l . �-'`�••.'�..�� ( r• - . ._ ��:��f��-��r of Deeds j � I � � �� i "._._`_ � . ...�-- - _.. _. .._ -� ___ ,:: .x:� rt �.��:�„�,�,��_�_� , ��z�. �;�3 _ - . � , -. �r �r x�,yNs �, - s _ �:. �"�- ` �� `�� '"��- - � - ; �. , ;_ � , : , ;: , _, , - _.. . 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' . , . � � � � � . � � SUMMARY APgRAlSAL REPORT 303 AIRPORT DRIYE � ~ CARLISLE, PENNSYLVANIA � � PREPARED FOR MARY K. BAR.RICK � , � BY � LARRY _ E. FOOTE DIVERSIFIED APPRAISAL SERVICES � - � 35 EAST HIG�-I STREET, SUITE 101 �_ CARLISLE, PENNSYLVANIA � 17013-3052 (?17}249-2758 t . . � Diversified Appraisal Services , Real Estate Appraisers ar+d Cortsulfants 35 Eas�High Stneet Cadi.ste,PA�7013-3O52 (717}249-2758 FAX(717j 258-4709 November 5,2012 . . . . . . . . . � . . . . . . . S . . . . . . . . . � { T4: Mary K. Barrick FM: Lazry E. Foote . � R.E: Summary Appraisal Report - Residential Property ' 303 Airport Drive Carlisle,Pennsylvania At your request,I have appra:ised the captioned property. The appraisal report, which follows this Ietter, is submitted in support of my opinion of Market Vaiue of the Fee Simple Interest in the:property,as of November 2,2U�2. I hereby certify that,to the best af my knowledge and belief,the data,facts,and ; opuuons set forth therein,are accurate,sub,�ect to the Statement of Assumptions and`Limiting Cond.itions that is also rr�ade a part of the repart,and that the indicated Market Value of the subject propertY,as of November 2, 2Q 12 is: ONE HUNDRED SIXTY-FIVE THOUSAND DOLLARS - $165,000 This a.ppraisal has been made in conformity with the standards of professional practice of the National Association of Realtors Appra�sai Section. I app�eciate your having considered me for this assignment and trust that you f nd the report entirely satisfactory. Respectfully submitted, ; } �.�..,." .f,z�. L. ,�• �..-�;��=-'�� Larry E.Foote Pa. Certified General Appraiser 4� GA-0000�4-L � �a; �:: �;� �': : ,;� SUMMARY OF 1MPORTANT FACTS AND CONCLUSIONS � - LOCATION: 3 U3 Airport Dri ve Carlisle, Penrlsylvania � TAX PA,RCEL NUMBER: 29-07-�467-005 IMPRQVEIViENTS: One-story detached single-family dwelling. PR4PERTY RIGHTS: Fee simple interest. �' OVVNERSHIP HISTORY: The subject property is owned by Mary K. Barrick. The property Ia�t transferred on December 30, 2405 for a reported consideration of$l.00 and ownership conveyed on Deed Book 272,Page 2845. SCOPE OF THE ASSIGNIVIENT: The scope of the assignment included an analysis of the subject's area, an inspection of the subject property, an � estimation of the property's highest and best use, consideration of all three approaches to value, and the application of those relevant to the valuaxion of the - subject. _ CLIENT: Mary K. Barrick � INTENDED USER: Mary K. Barrick �BJECTIVE: To estimate the market value of the subject property as unencumbered. EFFECTIVE DATE: November 2,2012. - INSPECTION DATE: November 2,2U 12. HIGHEST AND BES'I' USE: Continued use as a single-family residence, � .` COST APPROACH: N.A. SALES APPROACH. $165,000 INCOME APPROACH: � N.A. FINAL VALUE C4NCLUSION: $165,000 3 � � T�IE VALUATION PROCESS . � The valuation prvicess is defined in The Apprais�rl vf Real Estate as published by the � APpraisal Institute,as"a systematic set of procedc�res an appraiser follows to provide answers to a client's questions about real praperty value." � It consists of a series of steps that are appropriate to a specific and particular appr�aisal assignment that begins with a client engaging a rea� 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 opuuons to the client. � Definition of�the Appraisal Problem: . The first step in the appra.isal process tncludes the presentation of the followin�;: I. Identifcation of the client,the intended use, and the intended users of the appraisaf � re��. � - 2. The purpose of the appraisal,including a defirution of the value being reported. 3. Detennination of the effective date of the appraisal report. 4. Extraordinary assumptions that are applicable to the appraisal assignment. 5. Hypothetical conditions tha.t are applicable to the appraisal assignment. � Scope of Work: • Scope of work is defined in the Uniform Standards of Professiona! Practice as being "the type and extent of research arld analyses in an assignment." This includes t�ie degree and extent of research�nd the data that is deemed as necessary to develop a credible opinion of value for the property being appraised. � � � Data Collection and Analysis: The appraiser must gather and analyze market area data,subject property data,and comparabie property data that is relative and relevant to the appraisal assignment. � Development snd Application of Traditioaat Approaches to Value: � The appraiser must consider which of the three traditional approaches to value are � � applicable,relevant,and necessary for develo in a credible o inion of value P g p for the sub�ect property. These three traditional approaches tv value include the Cost Approach, Sales Comparison Approach,and Income Capitalization Approach. When two or more of these � approaches to value are develo the a raiser must determine . 1� Pp 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 Value Indications and Final Opinion of Va1ue: � The final step in the valuation process is the reconciliation of the value indications developed by the appraiser. Recc�nciliation is the anaiysis of alternative conclusions to arrive at a finat value estimate. Reconciliation is required because different value indications result from the use of multipie approach�� to vaiue and within the application of a single approach. � , The final value estimate is not derived simply by applying technical and quantitative 4 - � . . - - Procedures, rather, it involves the exercise of judgment, and the value conclusion reached must be consistent with market thinking. �:. TM - ;��_ � ,,;; -y; �:; � � � - 5 � - _ APPRAISAI. CERTIFICATION - I hereby ce�rtify that upon application for valuation by: � 14iARY K. BARRICI� the undersigned personally inspected the following described property: � Ail that certa.in piece or parcei of land, with the improvements thereon erected, situate in North Middleton Township, Cumberland County, Pennsylvania, bounded and described as follows: . Beginning at a concrete monument on the northern right of way line of Airport Drive at the dividing line of Lot No. 3 and af residual Lot No. 1 as shown on the Final Subdivision Plan for Mary K. Barrick,recorded in Cumberland County Plan Book 91,Page 105;thence along said right of way North 58 degrees 41 minutes 22 seconds West,a distance of 186.00 feet to a concrete monurnent at the dividing line af Lot No. 2;thence along Lot No. 2 North 31 degrees l8 minutes 3$seconds East a distance of 200.00 feet to an iron pin set at the dividing line of � residual Lot No. 1;thence along residual Lot No. 1 South 58 degrees 4 i minutes 22 seconds East a distance of 186.00 feet to an iron pin set;thence South 31 degrees 18 minutes 38 seconds West,a distance of 200.00 feet to a concrete monument,the piace of beginning. To the best of my knowledge and belief the statements contained in this report are true and correct, and that neither the employment to make this appTaisa.l nor the compensation is contingent upon the value reported,and that in my opinion the Market Value as of November 2, 2012 is: ONE HUNDRED SIXTY-F1VE THOUSAND DOLLARS $I 65,000 The property was appraised as a whoie,subject to the contingent and limiting conditions outlined herein. r ..�� { �� .�,,,.j��:��'�.�:..�- �� Larry E. Foote Pa. Certified Generai Appraiser GA-000014-L 6 � ____.----_._.. �,', �;= INTENDED USE OF THE APPRA,iSAL ' �;;: The intended use of this appraisal is to estimate the Market Value of the subject :�: property as of November 2,2012. Market Value is defined as the most probable price which a property should brii�g in a competitive and open market under aIi conditions requisite to a fair sale, the buyer and seller, - each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus. Implicit in this definition is the consummation vf a sale as of a specified date and the passing of tide from seller ta buyer under conditions whereby: �.;-; a. Buyer and seller are typically motivated. � . b. Both parties are well informed or well advised, and each acting in what he considers his own best interest • � c. A reasonable time is allowed for exposure in the open market. �-� d. Payment is made in terms af cash in U.S. dollars or in terms of financial �.. � arrangements comparable thereta e. The price represents the normal consideration for the property sold unaffected by speciai or creative financing or sales concessions granted �� by anyone associated with the sale. Source: Of�'ice of the Comptroller of the Currency, 12 CFI §34.42(f}. �_ HIGHEST AND BEST USE Highest and Best Use is defined by the Appraisal Terminolagy and Handbook, published by the Appraisal Institute, as "the most profitable likely use to which a property can be put". The opinion of such use may be based on the highest and most profitable coatinuous use to which the groperty is adapted and needed, or likely to be in demand, in the reasonabte � near future. However, elements affecting value that depend upon events or a combination of �` occurrences which, while within the reaim of ossibili p ty, are not fairly shown to be reasonably probable, should be excluded from consideration. Also, if the intended use is dependent on an uncertain act of another person,the intention cannot be considered. � Based on the�bove definition and aft��seeing the site, neighborhood, and area, it is m opuuon that the present use of the subject is it��Iighest and Best Use. y � 7 � �: , -----..._. ar��,. ��;�,. ��.H�, . ,t OWNERSHIP HISTORY The subject property is owned by Mary K. Barrick. The property last tran.sterred on December 30, 2005 for a reported consideraxion of$1.00 and ownership conveyed on Deed Book 272,Page 2845. °�;: 'g'.'"::�-� ESTIMATED MARKETING TIME The reasonable marketing time is an estir�ate of the arnount af time that it wouid take to seil a property at the estimated market value durin� the period of time immediately af�er the effective date of the appraisal assignment. It is estimated that if the subject property were offered for sale at the indicated Market Value, a reasonable marketing time would be six to twelve months. This estimate is based upon quarteriy sales figures published by Central Penn Multi List,Inc. � ECONOMIC TRENDS � Historically, property values for similar properties have steadily increased, with vacancy rates remaining stabie. However, the recent lag in the econ�my has resulted in a - levelu�g of appreciation rates and longer marketing times. Financing is readily available to qualified purchasers at reasonable rates and terms. � EXPOSURE TiME � The Iength of time the property bein a raised would have been offer g PP ed on the market prior to the hypothetical consummat�on of a sale at the market value on the effective date of the appra.isal. Exposure time is presumed to precede the effective date of the appraisal. The � reasonable ex osure riod is a funcrion of rice tim P Pe p , e and use. It ls not an isolated opiruon of time alone. Exposure time is different for various types of property and under various market conditions. It is a retrospective apinion based-on an analysis of past events,assuming a competitive and open market. It assumes not only adequate, sui�cient and reasonable time but adequate,sufficient and a reasonable marketing effort.Exposure time and conclusion of vatue are therefore interneiated. Based upon the information presented in this report,a reasonable exposure time for the subject property is estimated to be six to twelve months. � 8 � SiTE DATA . � � ADDRESS: 303 Airport Drive T4WNSHIP: North Middlet5on - COUNTY: Cumberland - STATE: Pennsylvania � LOT SIZE: .854 acre. SEWERS: Public utility . � WATER: Public utility ELECTRICITY: PP&L � LANDSCAPING: Typicai for the area,with a sodded Iawn,trees and shrubs. � DETRIMENTAL INFLUENCES � None. Pride of ownership is evident throughout the neighborhood. � DESCRIPTION OF IMPROVEMENTS � GENERAL DESCRIPTION: One-sto detache - ry d single family dwelling contauung approxi- mately 1,647 square feet of grass tiving area above grade, with an attached oversized two-car � garage. C�NDITIQN: Exterior: Average � Interior: Average ROOMS: First Floor. Livin�room,dining room,eat-in kitchen,three bedrooms, - full bathroam,and one-half bathroom. � Basement: Approximately 60 percent, wrth recreation room. EXTERIOR: Foundation: Cancrete block, Wa11s: Brick Sash: Vinyi-clad,double-glazed, with screens. � Gutters: Aluminum,pa.inted. Roof•. Hip, with shingles. � - 9 . i:�rf ,�� . . INTERIOR, PRINCIPAL ROOMS: Flaoring: Hardwood and carpet. ' - 1�Valls: Plaster Ceilin�;s: Plaster Trim: Wood,natural finish. KITCHEN: Cabi.nets: Wood,natural finish. Counters: Laminate . Walls: Plaster,painted. Flooring: Vinyl S�: Doubie-bowl,stainless steel. , BATHROOMS: Flooring: Vin�yl . �`' Watls: Ceramic tile blocks and painted plaster. � Bathtub: Shower sta�l. . Lavatory: Vanity or wall-mounted. Water closet: Two-piece. � Medicine cabinet: Built-in. C�NSTRUCTIDN: Joists: Wood , ' � Columns: Concrete block divider wall. � Plumbin : Co er 1 ' ' � pp ,p as�ic and cast iron. HEATING: Baseboard electric. COOLING: Central air conditioning. � HOT WATER: Electri _ c, 50 gallon. ELECTRIC: Circuit breaker system,2U0-ampere. � OTHER: There is a:brick fireplace in the living room and a small wood-burnin stove in the basement,as well as a whole-house fan in the hall. Attached to the front of the� � dwellin is g a covered concrete porch and between the dwelling and the garage is a concrete bs�eezeway. � � GEN ER.AL CONDITION: All unprovements are considered to be in average condition on the interior and on the exterior. Since this home has been vacant for over four years, it is unknown � if the mechanicat systems are adequate and functioning properiy. � � . 1� � . THE APPRAISAL PROCESS - ;� : Three approaches to value are generally included in an appraisal re�rt. These � . techniques include the cost approach, sales comparison approach, and income approacfi to value. The cost approach to value is based an.the assumption that the reproduction cost of a building plus land value,tends to set the upper li�nit to value. A key assumption is that a newly constructed building would have advantages over the existing building, therefore an evaluation focuses upon disadvantages or deficiencies (depreciation) of the existing building compared to ; a new facility. Due to the age of the subject improvements, the cost approach is considered to f� be inappropriate and has, therefore, not been i�cluded in the development of this a raisal report. PP The sales comparison apgroach to value assumes that under normal conditions, a given number of parties acting intelligently and voluntarily, tend to set a pattern from which value � caa be estunated. Application of this approach relies on a comparison of the subject with a sufficient number of recent transa,ctions of comparable properties in the market, based on a common unit,such as price per square foot of bwlding area. The income approach concerns itself with present worth of the future potential benefits of a pmperty. The initiai estimate involves the net income, which a fully infonned person is . J�s�fed �n assunung the property wiil produce during its remaining useful life. This estimated. net income is then capitalized into a value estimate, based upon the levei of risk as compared vv�th that of a similar type and class. Since homes similar to the subject are not typically utiliz�i as income-producing investment properties,the income approach to value is considered to be inappropriate and has, therefore, not been included in the development of this appraisal � re�rt� � � . _ � � 11 � �_ _ ---__. SALES COMPARISON APPROACH In arriving at this conclusion of the value of the subject property, the appraiser made a survey of properties that have soid in the area of the subject property. �_ Consideration was given and adjustments were made on each comparable sale as tu time of sale, size, Iocation, as well as all other factors that might aff`ect value. A resume of � . some of the sales considered by the appraiser is as follows: SALE NO. 1: � . Loca#ion: 142 Airport Drive, Carlisle. Daxe of Sale: August 30,2012. . Sale Price: $150,000 � � ` Size: 1,350 squaxe fee� Unit Price: $I 11.11 per square foot. r SAi,E N�. 2: . Locarion: 1930 Sterretts�ap Avenue,Carlisle. Date of Sale: September 23,2U 12. Sale Price: $149,000 Size: 1,556 square feet. Unit Price: $95.76 per square foot. SALE NO. 3; . Location: 1920 Esther Drive, Carlisle. � Date of Sale: April 4,2011. Sa1e Price: $155,000 , Size: 1,466 square feet. Unit Price: $105.73 per square foot. � ; The appraiser, in addition to the sales listed al , s o c o n s i d e r e d s e v e r a i a d d i t i o n a l s al e s �n arriving at lus final opinion of value. On the Sales Com p a r ison Anal ysis form th a t f o l l o w s t h i s page are do l lar a djustments re flecting market reaction to those items af 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 less favo , rable than, the sub�ect property, a plus (+) ad}ustment is made, thus utcreasing the indicated value of the subject. � � . After matung all of the necessary ad,�ustments, rt is the appraiser s considered opinion that the indicated value of the subject property by the Sales Comparison Approach is$165,000. �2 � �, . .x:_ �_;' ��, . `` � SALES C4MPARISON ANALYSIS �.; ; ,�; ITEM SUBJECT COMPA,RABLE #1 COMPARABLE #2 COMPARABLE :.� 303 Arrport Drive I42 Airpwt prive #3 �� 1930 Sterretts Gap Avenut I920 Esther Driye Cartisle Cariisle Cartisle Carlisle Pmximity ta Sub,j�x � 2 bbcks 1.02 mites �- .b8 mile ��.;< -Salc Prio� NA S I 50,000 - r. � S 149,000 �`n S I�S,OtN) Price/ (� L - Y z � Sq.Ft GLA N.A. JI 1�.1� �.�V :fia v';�. ��OJ.�� :.��7WLl.T� j�i �� -' '� �� '. � '�^� - '�ix a*.t�i'sM ,f' P�� Courthouse&Ccn�al Patn MLS � Courtha�se dE Central Penn MLS Coanhouse dt Ccntral Pcnn MLS ��. `ADlUSTMENTS DESCR[PTtON . DESCRtPTlON $ Adjust. DESCR1PTtQN S Adjus�. DESCR1PTtON q ' � Sales or Fit�ancin • S djwt. g $4,000 buyer cl.costs $3,000 buy�r ci.cosv 3,UW ;CunCessions pd.by selter -�,001) None pd.by seiler ,� � Date of Sale/Time As of 11 2-I2 &30-12 9-23-12 . - �-4-i I �� Avcrage Similar Simitar Simitac Site!Vitw .854�f�e .56 acr+e +t,50U .34 acre +2,6q0 .2��:re t3.lUU #?esi8�+and 1►ppesl U��tory�tached Similar Similar Similsir r �0�� Vinyl siding w/bricf: +5,00� Vinyl siding +6,p(w Alum.siding w/brick +�.� ASe 49 ycars 3�y� �� 4�� Cot�dition Average Similar X Similar Simitar A6ave Cirade ToL Bed. Bath Tot Bcd. Bath Tot. Bed Ba[h Tot. Sed. Bath ; ;'Rc�om Coetnt 6 3 I%, 6 3 E +2,q0U 8 4 2 -6,400 7 3 I�z -2,UOU � Gross Livin B Area l,647 s q u a r i c f e e t 1,3 5 0 s q u a r e f e e t +8>9 0 0 i,5 5 6 squsre f e et !,�66 squ�feet +�,�tlp � Ba�e�r�ent dt�nished 6496 besement,with Full bsm�.,�u/famiiy RO��OW G� ��. Futt basement +I,000 Euli basement ti 000 rm, b�clroc�m � , ,bath -3,U(1� �� Functional Uq'li Av Similar Similar Similar ' �1 . /Cooli Bsbd.eiec.w/cen AC Oi!hot wv wlccn AC Oil hot air w/cen AC Heat m G �C Oversized 2-eu 1-car i n b s m l. +1 0 t 1 0 0 N o n e +[ 0 0 0 t-r.ar +B.UUt! Porci�es,Pat� #r ; i'a�o�l etc- Porch breezewa Patio, I -9,000 Pa�ia +500 Encloseci h _- $P��Y Typica!for the Et�icietN Itur� iE)q. Similsr Similar Si�nitar - . � s la,wdbm slove F' lace w�ttsert None +1,50(? Fi tacx +SUO �< �" Other(e.g.kitd�en �� ;' �4nip.,remoddiagj Built-ins. Simitar Similar Similar Ne[ '. Wta! +[3 400 ;�t,:�> --4» �->. _ . , - �� ;z K_ �- �;�:� +Y,U()Q � lndiceted Value ' `:� +1'7,640 � of Su .. _ '-� �W !63,400 �_�` . } {66,GOQ 8" �� -. !64 WU �. � - FIl`1AL INDICATED VALUE OF SUBJECT PRUPERTY: $1 b5,040 i3 - � co�LAT�oN � � . � Correlation may be defined as "the bnnging together of parts in a proper relationship," The parts of this appraisal report are�he following approaches to value your appraiser used: � Value indicated by Cost Apgroach � N.A. Value indicated by Sales Comparison Approach $165,000 Vaiue Indicated by Income Approach N.A. � These approaches are representative of the marke�value of the subject property. I have care f u lly reexamined each step in each n�ethod, and I believe the conclusions accurately reflect � the attitude of typicai purchasers of this t�pe property in this neighborhood. It is my belief that this reexamination has confirmed the original canclusions. � The Cost Approach wili result in an excellent estimate if a11 elements are figured acGuraxely, because no prudent person vv�Il pay more for a groperty than the cost to produce a substitute property with �ua.I desirability and utility. Purchasers of the type of dwelling � typical of the subject property are more concerned with amenities than with hypothetical replacement of the property. Due to the age of the subject improvements, the Cost Approach is considered to be inappropriate and has not been incl uded in this appraisai report. The Sa1es Comparison Approach was based on severa! recent sales of properties similar to that of the subject, a1I of which are Iocated in the same general area. The adjusted sales � prices are most consistent under comparison. This approach is the most reiiable because it " reflects the reactions of typical buyers and sellers in the market. � The Income Approach is most applicable to income producing pro erties or ro rties p P P� that are primarily ut�lized for income producing purposes. Purchasers of income producing properties are willing to pay no more for a particular property than the net operating income � will support. Since the majority of properties similar to the sub'ect are not utilized for income J producing purposes,this approach to value h�s not been included in this appraisal report. Therefore, as a result of this appraisal and anaiysis, it is this appraiser's considered judgment and opinion that the Market Value of the subject property, as of November 2, 2012, _ is: � ONE HUNDRED SIXTY-FIVE THOUSAND DOLLARS $165,000 � � � s 14 UNDERLYING ASSUMPTIONS AND LIMITINC CONDITIOIrIS SUBJECT TO TI�iS APPRAISAL 1• I assume no responsibility for matters legat in nature, nor do I render any opinivn as to the title, wluch is assumed to be marketable. The property is appra.ised as though under responsible ownership. 2. The legal description used herein is correct. 3. I have made no survey of the property, and the boundaries are taken from records believed to be reliabie. 4- I assume that there are no ludden or unapparent conditions of the property, subsoit or structures which would renc�er it more or less valuable. I assume no responsibility for such conditions or for engineering which might be required to discover such factors. 5. The information, estimates, and opinions furnished to me and contained in this report were obta.�ned from sources considered reliable and believed to be true and correct. However,no responsibi�ity for accuracy can be assumed by me. - 6. This report is to be used in its entirety and only for the purpose tor which it was rendered. 7. Neither all nor any part of the contents of this report (especially any conclusions as to value, the identity 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, news media, sales media, or any other public means of communication, without the prior written consent and approval of the appraiser. � 8. Tlus appraisa� was prepared under the extraordinary assumption that any easements or rights of way of record have no ad�erse impact upon the highest and best use or value � herein reported. A title search was not#�equested. nor included in the scope of wurk for th�s assignment. 9. This appraisal vvas prepared for the exclusive use of the client identified in this appraisal - report. The informanon and opinions contasned ul this appraisal set forth t�e apprdiser's best j udg�nent in Iight of the ir�formation available at the time of the preparation of this report. Any use of this appraisai by arly other�person or encity, �r any reliance or decisions based on this appraisal are the sole responsibility and at the sole nsk of the #hird party, The appraiser accepts no respansibility �or damages suffered by any �lurd party as a result of reliance on or decisions made or actions taken based on this report. �5 � CERTIFICATE QF AppRAISAi, . � I certify that,to the best of my knowledge and belief- � 1• The statements of fact contained in this report are true and correct. � 2. The rePorted analysis,, opinions, and conclusions are limited onl b the re ~° a s s u m p t i o n s a n d limi t�ng con ditions and are m y y P o rt e d y personal, impartial, and unbiased professional analyses,opinions�and eonciusions. 3. I have no present or prospective interest in the property that is the subject of this report and no personal interest with respect to the parties involved. � � 4. I have no bias �vith respect to the property that is the subject of this report or to the parties u�volved wi.th this assignment. � 5. My engagement in this assignment was not contingent upon developing or reporting predetermined results. � �' 6. My compensativn far cam letin this assi P � gnment is not contingent upon the development or reporting of a predetermined vaiue or direction in value that favors the � cause of the client,the amount of the value o i ' • ,� _ p ruon,the attauiment of a snpulated resuit, or the occunence of a subsequent event directly related to the intended use of this appraisal. � ��. 7• My analyses, opinions, and conclusions were developed, and this report has been � prepared,in conformity with the Uniform Standards of profe�sionai Appraisai Practice. � 8. I have made a personal inspection of the property that is the subject of this report. � 9. I�o one rovid�si ifican �. P gn t reat property appraisal assistaace to the person sign- ing this cerrification. � � � .FJ AV� . ` ��i/��// �..�i � !f`/ F: Y' Larry E. Foote � Pa. Certified General Appraiser • GA-040014-L � . � � ' " t6 � . PRIVACY NOTICE Pursuant to the Gramm-Leach-Billey Act of 1999,effective July 1,2001,appraisers, along with ali providers of personal financial services are now required by federal law to inform their clients of the policies of the firm with regard to the privacy Qf Glient no�public � personal information. As professionals, we understand that your privacy is very important to you and are pleased to provide you with this information. In the coutse of performing appraisals,we may cailect wha.t is known as"nonpubiic personal information"about you. This information is used to facilitate the services that we _ provide to you and may include the information provided to us by you directly or received by us from others with your authorization. We do not disclose any nonpublic personal information obtained in the cowrse of our engagement with our clients to nonaffiliated third parties,except as necessary or as required by law. By way of example,a necessa�y disciosure would be to our inde�ndent contractors,and in certain situations,to unrelated third party consultants who need to know that information to assist us in providing appraisal services to you. Al!of our independent coritractors and any third party consultants we engage are informed that any information they see as part of an appraisal assignment is to be maintained in strict confidence wtthin the fum. A disclosure required by law would be a disclosure by us that is ordered by a court af competent jurisdiction with regard to a legal action to which you are a party_ We will retain.records relating to professional services that we have provided to you fflr a reasonable tune so that we are better abie to assist you with your needs. In order to prot�ct your nonpublic personal information from unauthorized access by third parties, we maintai� physical,electronic and procedural safeguards that comply with our professional standards to insure the security and integrity of your informatioa_ t . . 17 LARRY E. F40TE � REAL ESTATE APPRAISER EXPERIEIYCE: 1979-PresenC Chief Appraiser,Diversifed Appraisal Services,Carlisle,Pa. Principa) Broker,LaRue Development Campany,Ca�-lisle, Pa. 1976-1979: Associate Broker,Coloniat Realty,Carlisle,Pa. 1972-I976: Realtor Associate,Jack Gaughen Reattor,Carliste?Pa. Apprtisal experience inctudecl undeveloped land,farms,building Iots,single-family dwellings, mobile home parks,medical centers,nursing homes,motets,apartment buitdings and complexes,office buildings,service stations,veterinary ciinics,rehabilitation centers,retait buildings,daycare centers, wac�ehouses,and manufacturing faci{ities. EDUCATIQN: Bachelor of Business Administration,Pennsylvania State University, 1976. Associate Bachelor of Business Administration,Harrisburg Area Community . College, 1974. Diploma,CarGsle Senior High Schoot, 1965. Certificate,Pennsylvania Realtors Institute,GRI l,GRI II,GRt I[I. Certificate, Realtors National Marketing Institute,Cl 101,Cl 102,CI 103,Cf 104, C! 1 U5. Standards of Professional Practice,American lnstitute of Rea! Estate Appra.isers. Real Bstate Appraisal Principtes,American Institute of Real Estate Appraisers. Residential Valuation,American Institute of Real Esta.te Appraasers. Appraisa!Procedures,Appra.isal Institute. Principles of Income Property Appraising,Appraisat Institute. Case Studies in Real Estate Valuatian�Appraisal Institute. Report Writing and Valuation Analysis,Appraisat tnstitute. . PROFESSIONA►L LICENSES: ; General Appraiser#GA-000014-L,Commonwea[th of Pennsylvania. � : Real Estate Broker#RB-029729-A,Commonweatth of Pennsylvania. PROFESSIONAL DESIGNATIONS EARNED:'� . GRI: Graduate of the Pennsylvania Realtors lnstitute,awarded by the Pennsyl- vania Association of Realtors. CRS_ Certified Residential Speciatist,awarded by the Rea[tors Nationai Market- ing institute of the National Association of Reattors. � CCIM: Certified Commerciat [nvestment Member,awarded by the Realtors National Marketing tnstitute of the National Association of Realtors. PROFESSIONAL ORGANIZATION AFFILiATIONS. National Association of Realtors Appraisal Section. - � Greater Harrisburg Association of Realtors. Pennsylvania Association of Realtors. Nationai Association of Realtors. Reattors National Marketing Institute. 18 � 1 PAST CLIENTS: Borough of Carlisle American Home Bank Keystone Financial Mortgage - Trans Union Cornerstone Federal Credit Union IVI&T Mortgage Corporation Pennsylvania State Bank Cody Financiat Mortgage Services Commerce Bank Waypoint Bank ` � Cumbertand-Perry Association for Retarded Citizens Itlorthwest Savings Bank Carlisle Suburban Authority Blue Batt Nationat Bank Members l�`Federal Credit Union Adams County National Bank ` Perrnsylvania National Bank Count,rywide Home Loans Evans Financial Corporation Aan-ow Mortgage Greenawatt&Company,CPA Various law firms and individuals Smith's Trrannsfer Corporation - Cartisle Department of Parks and Recreation Executive Relocatio�Services i Carlisle Area Schoot District x Messiah Homes,Incorporated � :, ERA Eastern Regional Services F Pennsylvania Turnpike Commission Chase Home iVlort�age Corporation - Defense Activities Federal Credit Union ° Pennsylvania State Employees Credit Union PNC Mortgage Corporation F&M Trust Company � National City Mortgage Corporation � Washington Mutuat Home Loans, lnc. Prudentia! Relocaxion Services Lender's Choice Market inte(ligence, incorporated United Telephone Employees Federat Credit Union Cumberland County Commissioners Altstate Enterprises Mortgage Corporation `: Dickinson Cotiege � } PPG Industries,Incorporated � � Geriysburg Cvllege �, Redevelopment Authority of Cumbertand County � � Record Data Appra.isal Services,tncorporate� - . First United Federat Savings Association Fulton Bank . United States Marshall Service �: GMAC Mortgage Corporatcon - - Orrstown Bank ;�. Letterkenny Federal Credit Union ` , BancPtus Mortgage Corporatian . :�;; Coldwell $anker Retocation Services, Incorparated � . Central Pennsylvania Savings Bank �: Melton Bank � ;: �: Provident Home Mortgage Corporaxion Drovers Bank .; . � t9 � 1 � • � � �� . . i:':- . � . � ._ t .. . . . . . $'r- � . . . .. � 4X � � ..,� � � . � . `;h ��:. �..pn. � �,°M1 � . . - � H'�`� i�� t�F . � . . . _..'R�r -=�"'� - Y �Y� ' � � E; �-a �ur" -;.� ..t . . . {`°�: ��-'� - � :; ..� F �. :_ i'�� . . .. .� � ,;�.,: _: ,; ti:� ��` '� - - � .. b _ �4S ' ., . . . � . �. .�,'.: tu� . . � �:�� ' :.� � . . . �aY� � � r } . �. „r-:. . . . . . . a h . ��- t � � . �...,*' � �.'��:-'�ce��-.� � . =�'- . -&. � . _ - "� r�"'��,#. �� . . � . aq��' �,x� w��ry�-��` . . "�. r �. s = `� �. �x ��.y�C' �. � . . � � � S � S �j �� . x;: � �5�' .z�' �; � �� . . , � xt.� ,t { s. � . � ..sy, } � _ + ^n,�i' #��"��'�'��°"'y . .}.., . . � k�.N_.iF^z, e.._.z�. � . . .. . . . . _.r... .__ .. _ _.�,�:�..,.s.,.s.'�,�.�x�€.�_�,"a,e . . . . . �T:. . . � . � . � ._ .. �� . . . � � . . .. � . . � . . � . . . . � .� � . . . .;a..' ::. I . . . . . . . . { .. . . . . . . � - " q�, : . ... y ' -- . . . . . _ . .. 3_ . . . . . . �•� ` � . . . . . � t, F . � . . . .. . . �� :... ' . - .. � . . .. . ��.✓S� _ �. " .. .. . . �.. wy :_� �n i... �f e��.. �. .. . . � . . . ';y-�.. . . . . . � . � .. . . � . . . ,... PH4TOGRA►PHS OF THE SUBJECT IMPROVEMENTS . 20 �: �` ;�:. � f, � : ��: � t-. r; � � . . . . � � ".�� . ,��* � . . . •� s . ,:�«. ��' . � . . . . . � }.; . . � �`"'s,�; �� .x : . � . . . . ' ,. �.3! �y s' 'iI �� " ..�.� �� i�{ i �, - . I' �C x` ,�..�a �� ° �. � J ,4 � �:' ��.., . � � ;_� .�� : ,, � a.,� . � �' �� . � ga-:s> � � ' � - � �. � . ...r� �.:�`- :_ �-�. ." �„P.,E r� � � . � � •c? � S,. 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'�. � i'' ��` „��^� ��'r'�' - � . . . rv _ S s�..; . . . �.. .. . ... _.5.,.,. . _ ..n5: .� ,. .�' . . . �. . . � � �'� ,. ..e . . . �' b+ � � �,c`,� -a�.�� r'_��„�€"�` �'S4 � �,... ,.;C� 3:'� f � . . .. ==�,,:, .�f,��:�s,��.'�"'�s.�.�.i��a..�-`s,.;� �"e�z,`,a.� '��.� �� ',� . � . . � � . . . . . . . . . - a::-.z ....n�w<•<.._e-'42".�.su,z... _ . �-�+s..�..t.'��}'-.:':_'' � � . �. STREET SCEI�IES AT T� SUBJECT PROPERTY . ; 2I , . � ,�- _ � . . , �� ... _ �._._.. �-. - ' } ;:- �: .`_ - �: . „��. � Y,m.:= . .,Y�._.,. ..,..-:.: ., � f' � ' • ' � . • `'i'":��'-. .Y t�:� ,y y y..�. �`�.• �. .�.' . �. . ' > } �f•�.'?I��r �� 1K�V�� 9' . •!',�'� `F� `� _ 4� 11�� }��Y�' � �'��«.ie,� .. �,� �-t. { + . �_ , � . +�� ,. -`* � i LL��i� �� `�� . -��`�� t� f ' � 1 h ..F ��Q�Y„ y� - � � �� i +�' � ' .� Y f � ..ry�'� s � ^ � .� . ..`�`�. j�y,�a+1,, �� , . F �.�� °I�44,.-�- '•�� ¢.�• .„ii' )' Y ~ -f 4�.'.��'^T 4 , . , � r��..c `ye�' .,��.- , _«.. _ - .. ; �„ �� '.�-`. 'r( ' � �h�� T .a �s . " ..-.y. ,♦ .: ' � `��.' ��_. ,f < ` �4 L.� , .. . �`� r_ , s ' ._"_ ' ^ .. .' �... . . . ,eii� - _ .�_�_.... vN-. ..._: ' •. - ' s`� yn`",.'.'� p ��.-4s,N&' YJ � .�-,.� _ _ '��%�'� . - , �! ' � �� , �=i� .�. $!� �� '�� ,+ n _ ; ��S S. .- . . . . .. �� 9 PF,� �` . ' ._ s j�� a�, d�� r,Y. .. . .. .` �. �� : .?'_""a{'�_'�. �� , :.'. �� ti: : +� ia._e� �V � ��- "', �' rt�� p� i� . '� , .'� . � �. .. . '-s ..3 .-e. +F�,..t, �i,Q-,y.r • �s�l �� . . f4, st'...:,1 � � .. . . .. �"/� . m .�-. , . a�tl5 r�'�"F ��'�y {�`^:L5$ ar_.`� �I I I I� �� ... . . � .. . . . � 1 • � � � 0 20o m S00 ft ��fi'r'�a� L�lur.•i�°�!.:� �;i -�-��<'�"�� '-t�S,�+�_r,�� . _ i,r �'�'- ,�� :7 �� c`M1' � ��r�'` . � � � � � s � � ` � � � ,-r -`, � .�-,,� � � �, � +!A �' +Lt . i � � d* fa'Jt } - . � TI � . � . �. ` �`��rv � � ._ �` Subject - � _.., :z a . � ��}'� _ . 1-, � .. . a;-:i',;... . � t � � �� . . . ..� t_.�J . . � " - . _ . � . . � . � .� �!f P ' [ � : ��?��.�..;i�; � ��y, � ,, � � � . � E tid't � � - .�i.� - � �. � � � � - . ''»`�- . . �:� � . � .?'t�'' �,:� . . ��. � . . j,�'.. t� . _. � `''�` �`. � . . ;.. ��:'_ �. . �;�nnc i.n c� �,��'� � . _ � ^�j�� _ - Si � �J • , � �.'k^::., . . �� . . . ��., �,,. ',,,,.. �/�■� Y *.-,'�"--^"�!�"�'�M�� .� � f•..E%-t.�`- ..,.� . �q.: - -� ��LZ��1�UEYt �OI�IWI��ZQ1��C�h1f�� k � � � . ' �t-:� . . 1 y,. �' e: . . . .. -� �z�: �: �, (� SUBJECT PROPERTY LOCATION MAP s � � . � ;: r ,� ' � 23 :- `� . . �� . � . ..j: TR:1�EV�CABLE �US� ��1�'� B�t�rc� ��vo�.�� A�ro��s� ��K.��c� se�#lor an� I�USAI.IE B.A1vI�ABRAI�TDT and��1E1�B.SNNSII"I'H, �'ruste� Law�`;ce of 1i�rr.rielle�'.�dirze� 2a(1�Lingle.stvwn�to�,�uit��t�2 Harrisburg,.�t.i 17I�0 (7.�7}540-433Z � �voc�� us�� s T�rust A,greement is ente�ed into this day of �� - --, 20U6, by , - I�arri�k, wha curr�ntly resides at�03_.Ai,�ort�riv�,_�arlisie, Pe _ Ivania 170I3 as Setttor of the T « „ ��'_.____-------�_._._.., nzst,her��af�er refemed to as Settlor, A � � Rosal�e B. Ankatira.nd� of 168 Liun Drive, Cariisle, Pennsylvania 17013, and Darlene B. �mith, of 1843 Spring Road, Carlisle, Penr�sylvania 17013, as �o-�'rustees of the Trust, to act Joint�y and/or individually,hcrea#�er referred to as"T�stee." AIf�TICL�1 � CR�A7'�ON O�TRUS'��'�"A� 1,��. I�ANiE��"l€"RUS�` '�he�ame of the Trust will�be the�A►,1tRICK IIt1tEVt�,t�3Tt��I��,N�'OR TRUS7C. �.0�. ��:AN�FER Il�I T�2TJST Th�Settlor hereby transfers#he proPertY}i�sted in Schedule A of t�us�rust Agreement to t�e � T�s�e and aa;�ptance of this properiy is hereby a�cknowleciged by �he T'rustee. Th� S�ttlar inte�ds t4 ti:�nsfer additional prop�r�y to�ie�n�st ove�time. Said pro�e�ty and aII other pro ti�sfe�t�d #o and received by the 'T��e to be held pursuau# to this T`n�st shal.I canstitute�the `�rt�s� Estate" and shaIi i�e helt�, aad distrib�ted by the �'r�stee as hcreinafter provYded. 1.03. ADD�TTI41�S�O��tITS��'I'AT`� The S�etflor,either during life or by Will,or any o�er person shall have the rig�t at any time to add pmgerty accepta.b�.e to the '�'r�ustee � tbis Trust. Suc� property, when received by the '�'nu�stee,shatl become part of#�e Tivst�:state. 1.04. A�ANAGE�NT Q�'TR�TS�'��5��1�F'�'� '�'he person or p�rsons serv�n.g in the capacity of�'n�stee ma. in rvri �e�ns �r a ihuci pCr�n �f� �r h�r t�r t��ir c�tc�o►s�a ta a t as ��de�gnate one of said T r�s t e e fi o r � a u�o r i z e d a g e n t o f t h e ��:�O S e s o f p e�ormin��Ve�aent and otbe�p�per�y m��n�n i c��i s i o u m a.k u�D a n d s�v i c e s aa d exercising the po�sp��ed�t�is T�A�reemen� � f ��C�� j�►��vQ�� 2•03• ��voc�s��oF�rR�sT This is an Irrevocable Trt�st. T�i.s Trust ca�aot in a�y way be revoked by the Setttor. The Settior hereby expressly ac�Ow�� e Settlor shall. �ot haye any right or power, either alone or in conjtmction with others, or in any capacity wha.tsoever, �o alter, amend, modify, revoke,or tenminate this Tirust vr a�y Qf the terms of fihis'I'nast Agreemen#in whole or in part,or °��O G�Se anY of t�e principai of the Tn�st to be paid to or ot�erwise r�vert to the Settlor ar to any spouse of the �eitlor or ta the Settior's �e or to the estaxe af any spouse of the Settlor, or to �he creditors of the Settlor or any spouse of the Settlor or the creditors of their estates. A��CL�3 - D�SfiIt��I'][ONS BY T�TRUST'�E��,��3�pR IS I,IVIlYG 3.01. �IET I11I�OME�O S�TTLUR W�i�e the Settl.or is livin� tt�e T'rustee shall �a,y�a o�agply for t�e benefit of the Settior. in 9uarterly or such other conveaien.t�d reasonabie u�s,tallanents as the Settlar shall require, aII o€ �he net iacome from th�e'I'rust E;sta�e,ux�iess o�lu�wise ciirectea by the Settlor- Caprtai gain�s shall not�treated as income for purposes of disttibution aud are not dis�ributable to the Settlor and musf b�e retained by the Trust. �.R1TC'I,E 4 1V1E�iNAGEMENT 4�TRUS'�IJP�I�I I�EA'�I�1F S]E�["I`LC3�2 4.a1. DISPOSTTION �F �tUS�' �7C��''E ��eI ��E DEA�� QF T8E ��1�T'i,�R Upon ttie death of the Settlor,the'Trus#ee shall dis�ibute S�X3'��T�OUSAN�DO�`t.A.�tS (560,00�00) ea�ch to the following t�ree gr$ndchiidren �� Se�tttlor who did not x��vioas rec�ive a gift of rcai prnPcrtY: BARBA,RA IfE�, �]D�ARD �5�1� $nd � A►��KA�3A�ANDT r �'�� ,.pe s��irpes. Tf�e z�e.sidue of t�e principai�d acctmttriater� incc�me c�f the Trust . , be d�stdbu#ed in equal s�6�ares to #�e Set�l.or's ch.i�dren, �Losalie �. Ank�ebr�nc�t anc� �lariene B. Smith. in the ev�nt that either af th� Seirti�r's�ic� children are n�t Iivin at t�e ' - �f disl.tibut�c�n, then hCr s� of t.�e Trus��;state sha.i� be paid to �hose of her ehildren vvho�e Iiving at the time of distribution. � 3 4.02. SP��IA.L POW�R t��'APPOIl�TT��T'�' The provisions of Article 4.OI he�ecin�above no�t�st�du�g, �he Se#tior resenres �the power, exercisable ax any time or fror� �e ta �tne, by written u�strument delivered to the Trustee during t�e Se�#1or's Iifetime or�ry a provision in#he Set#lor's '4��II or a�nty Ct�dicil t�ereto makin �xpreSS refe�nce to t�is power, to appoin� a�y part or atI of the g Tiust f=md, outiight or t�On t��sts, coaditions or limi�ti.vns � �� andlor income af tbe Rosalie�. Aakabrandt and Darlene B. Smith, the chi�c�ren of the S�e following persons: the af�said clu�dren of the S�ior �.e. the o�� and the children of C � gr�dchildren of the Sett�or).The power speeified in t�s Arbicle 4.02 s�ta�l not be exe�rc,ised in a 3nanner#ha#would permi�auy distri.bution of T F��P��1ade to o�'fc�r the Settior or sa.y s�OUSe of�e Set�tior,or to the Settior's estate or the cstat�c of any spouse of�b.e Se�ttior, c�r ta #,�e c�.�to� �y��e Settlor or of an Se�or,or the cred�itors of tb.e Se�ior's e;,t�e or of the e;;�e a�an Y sPovse of�he y spouse of f�ie Settlor. Unless ��Y C30)�Ys after�he death of�he Settior,the Tn�stee has ac�no#ice of the existence of a Wili or other v��v�herein �iis speciai power of appQ��ment�as exercised; it shali be deemed for a1I purpc�s�s�euacier�a.t such power of appoint�nen�was not exe�eised. �tT`ICL�5 GENE1tA�AD�S��'IV��IRE�I��I� �.81. �A'��,NTS�+'OR Ti�B�N�FI��1�A�3E1��CIA,��.' If at any time anY bene�.c't�ar�enti�ed�receive income or}�rinci� fro�#Iie Trust�e is a minor or sa incon�pet�n# or a person whom the 'I'rustee �a the "�rus#ee's disc�tion deems un�abie to haaclle fuuds ProPe�lY or wise�y if Paid direct�y to the benefiei Tn�stee's sole di,,cre#ion ma 3nake y �'3', the �'rustee in the y �Ym�s in an o�e or more of#he following ways: a. Direc�y to�e bene�ciary; b. �o the na�tural G�uarciian or IegallY �itnted Gua..Tc�3&II 0� �1� ��S4II Or E;state af beneficiary; . �e c. • �' �g ��nd�tur�s cti�ec�ly �Qr the care, ��ort, rnai�.tenaace, or education of the beneficiary;or d. To any persoII ar org�niza�o� ��g �, ��o� �nten�ance, or education for the benefieiary; e. Tv a Custodia�a �or the beneficiary tmder any 18w rela#ed to g�s or tra�.sfers to including#o�he Truste�in that aci minors, �P tY� f. �'o a du�Y �inted Ag�t nf ihe i��cia�y au#�orized �o receive suc,lz � �nt� urs to a Dura.bI�Power of Aitorriey. PdYm P unc�t T$e Tntst�e s1�t�I1 nt�#�required tn see tc�the a�p�ica�ion of at�y�,tds�aiti or lied in an c�f the aforementioned ways a�d the rer�pt of i�e payee s�t�a� �e� �� y The decision of the Trustee �quittajace of t�ie'�rustee. ahouid be vsed in maki ��j��o th�s�Ie'ct�oIl v��it:�i t�f�hr.Ht'�r�rri�nti��d nle�thnd.s n�Payments siha�be��clusive aud b�g on alI nar�iies concerne�. s s.oz. corn��e�r�av�c��rs Whenever there are conflicting claims as to#he person entitled to an from the Trust E;state,the Tnnstee�nay in the Tn�ste.e's discre�io�withhol�withou#�distribution of zuteres�, aIl or any part of any disputed, a cr � d, payment adjudicated and final. 'u P Yme�� or dis�i.bu#ion until �e matter has been J dgment ent�red by an apgropriate court. 5.03, SPENDT'HRIi�T P�{)y�IONS �To beneficiary or r+e�n�ainderman of any interest in auy�st created by#�us ins�nunent shaU have any right to aiienate,encumber,or�ypothecate his or her int�in#he principai or inco�ae of 1�ie Trqst in$ny matnuer,nar shatl any interest of any beneficiary or re�naiaderman be sub' to clai.ms of his or her credi�ors or liable to aitachment, execution, ar other �� azticie shall not res#rict the exercise of an P��s of law Tbis Agree�nent Y powe� of appoiutment specified in this Trust � s.o4. �go�cocoP�s Photocopies of this Trust Agree�nent shatl ha.ve the same farce an.d effect as the on ' al aud s�all be atxepted by auY Party as bein.g of#he sa.me force and effec#as the ori ' � �- �•�• ��.�T`{)R TRUST It is the Settlor's intention tbat this trust be cons#rued as a "grantor�s�' u3ader the In#eaaa�I R e v e n u e C o d e § 6 7 7�a}. A l I i n c o me s h a l l b e taxa b le to the Settlor, whether distributed or accumula#ed by the trt�.st s.o6. �uus�� co��o�� if there is a cl�aage an relevaat feder�I or staxe Iaws, re�es, or policies concernin income- �Y Z'�s, then #he �'rus#ee is ' to administer aud distribute the Tn�st assets and �ome a�c+eording to such revised l��ws,r�les,and policies,t;niess such cb�ange is more restric�ive �an current Zaw and if t�is T`rust��e,�t wo�,tld be exempt from such c � c. The Tn�stee is authorized to amend this Ti�ust document to confonri �vitl� c es ma.cie� ex�on of this T � � subsequent to #he . rust, in federdi ar s�e laws, n�Ies, re P��of�Ius T g�ations, or policies, to effect the com I � if this Trust is not grand�hered fron�su� changes, or to make the T'rust P Y � intezpr�ions of federal ar sta�e law so t�at Settlor's eligibilit� for Me,ciicaid benefits is preserved. However, in no eve�t may any payment of the ' ci nn�a�de to or for t�ie benefi# flf either the Set#lor or an � P� of the trust be �or to the est�te of any svattse of the Settior Qr to#�ie credito�e Settlor or to #he Settlor s of�e Sct�tor or the cxeditors of their estates. If Se#�or is denied� o�the Settlor or any spovse such Iega,i action by way of Fair �Iearing or �Iing an ac�ion with or�� the Tn�stee may ta.xcE ��t jv�isdiction to enforce Set#lor's ri�irs. aP�� O any c°urt of ; _ '• $.a�. No P��o��v��.,�c�sE��rr�� Any other �n1ovision of t�is '�'nzst Agr�meen� o� of the l�ws of the Common �ivania or any o�ier jvrisdiction notwit�.standing� ther� shati be no circum�nwceSeslth of �Y Pa3�ent frr�m the rinci uncier P Pai(�orpus)of�e tivst could be made�o or�or the benefit of the Se#�Ior or to or for the benef t of any spouse of the Set�or. �� P0��3E�O�'3�U�S 6.OI. �'O�RS�F TID�7�fA.R�S The TnLSt�e, and any successor�'rus#e�e, shall h�ave the fallow�g povy�rs i.n acic�itio� vested in them by Iav�aud�y other provisions of�is�'i-�st A �fhose whether principal or u�cam iuclu ' $�men#, aP�IiCable to alI prope�ty � �P�P�rt�held for minars ar iacom�tents,w�ich�wers shali be exercisable without court approval, and shatl be effec�ive unfil ac#ual distri properiy: but�on of aIi a. Ta invest in a11 forms of reat and personal pmperiy �includin wi option, or o#her securities, commo� trus� , and rnort g' thout �mi#ation, stock, rest�iction to �nvestmen#s authari,zec� for �idu�a�nS � �ve�ment fumds), without regard ta any principie�f diversificatian c�r r�sk_ �' � �he T'rustee shali deem proger_ without b. To}�y a11 taxes, assessu�ents, compensaxioa vf�he Trustee aaaa in the collection,care,a 'o and ail ot�e�exp�nses incurred . . , n, pro�ection of a�y Trust�stat�. �- To sell a#public or�rivate saie, � exchange, or�o Iease for persona.t groperty and to give ap�ions f�r sales, �c�ges 4r Ieases �od of t3me, any r� or suc�h te�ms or condrixons as t�e Trustee dee�s pro�er. � such pnces and upon d. To allocate receipts and expenses to princi ai ar inco tune to ti3ne��.ep�.. � me or partly tfl each as#he'�rust�ee fi�om e. To borrow from, or#o seil te, a�y��duciary even thougli the�iduciary is the Trustee ��or Exectrtor_ , Agent, f. 'To hold pmperty in the Trustee's �aame without desi at�4n o the naaae of a nom,inee or u�r+e ' � f ar3y Fiauciary capacity or in g3stered. g. Ta enter i�to trans�ac�ions with other Fiduci.�ries including�e Trustees or �s�nd�s#�.tes in v�hich an� bene�c� Executors of other t�em�selves as F�t�uciaries fQr oth •�'T under�h,is inst��e�t Iaas aay interest, and including ei' estates and �t�tsts, a�d in such transac�ions to purc�ase �P�Y�-�'�ake�oans or notes sectued by�rOP�'� eve�thaugh s�:�,ilar � . Iarge portion of the Trust property,and to r�tain a�y such�ro or notes�� t�a o��art of#he estate or trv�st ��Y as�f theY�been an h. To exercise, r�rspecting securi�es held by the ?`rust Esta� priviieges of an owner inc�udin ; ? alI �he righ#s, P�we�rs, and � ��v3ithout Ii;nita�io�#he�owe�te vo�e, g�ve proxies�,and�pay 6 assessments and other sum�s dee�ed by the Trustee to be necessa�y for the protection of the Tivst Fstate. i. To continue and operate, to sc�i or to liquida#e, as#he Trustee deems the Tnist�sta�e,any busine.ss or p�rtnershiP in��received b �T��visable, at the risk of Y Fstate_ j. To sell for cash or a�deferred paymteats at public or rivate sale t any P��Ip�of the'�`rust Estate. P , o exchange and to convey �• �anY division of the Trust Esta�e��a��e��ares or assets of the Trust Es�;ate in cash ar in kind,or partl �n ��'��°�on and allocate the interests in the manIIer deemed ��sab�e in the disc and partiY in kind, or in undivided the Tnist �ate, the Tnustee may xnake joint investments ��e '�'rustee. Af�er�y division of sever�i s�har�es or T th funds from some or atI of the nzsts,but the TnYStee sllalI keep separa.te accflunts for each sbare or tivst. i. To abandoa anY T'rust assct or interest therein in the discretion o f�he Titvstee, m. To grant an op�oa involving dispositi,on of a Trust asset and acquisifiion of any asset by�he�`��e. �o take an op#ion for the n. ?'o i� any real or personal ProFertY of the Tn�st for an extending beyond the dura.tion of the Trust. Y F�se for terms within or ��,-�TO m�e� co�rol, improve, and repa�r real and pee�ssonal ro . e. P PertY ��ong�ng to the Trust p. To einploy attorneys,invest�nent advisers,acco�tants, brokers Agent de�med z��ate in the discretion of the Trustee incl •��alists,and any other employed by any T��;�� d � pay �.om the �'rust E�� °ns associat�d wi#h or service,s per�fa►rmed by any of them. onable cc�mp�ensa�on for aU q. To borrow money for any Tivs�t Pu�se from an aclaing as a Tntsbce hereunder, on the tertn.s and cx�nditio deemed��ration,including one aad to obl�gate Trust a� far regayment; to encumber the �'rust or��roP� by the Tn�stee �rt8�$� c�eed of ixvst or otl��e, ��tever �y P�OPertY �hereof by a+dvisable by the'�'rustee; and to�place,�enewP�� t� consummal�e the��o� any�oans or�h�obli ' � x�end any encunabrance and to paY g�ons of the Trast deemed advisable by�hhe�'n�ee. r. To procure and carFy at the expense of the Trust insurance of the kin dzemed advisable by tlic Tnustee aga�n��y hazard. �' fO�� and amounts s. 3'o co��, �mit to arbitratio ad.lust�tai.ms ia favor of or� � release with or rrithout consideratio�, or otherwise �ll�� t�sl; u�tx�mrne�sc:e c�r cl��'ec�d li�igation a�ec#ing fihe Trust vr an3'P�PBrtY thereof as deemed advisalsle by the Trustee. #. To do alI the acts, to �ake aII the ro privileges t�at an ah�iute owner of the ��' and to exer�ise all �he rights, poy�, and Fsduciary ob ' F Pe�Y would ha.ve, subject always to the discharge of �gatiens;the enumeration of certairl powe�ir�t.h�s T`n�st A � the genera� or implied poy�� af the Tnust�e, � I ��not limit may now or h�re�er be co e �� ha.ve aI� additianal pow�ers � n�fi�nrec� on the 'I'r�us� by Iaw or that�naY�e�ece.ss to �, �'Y �le�e � l�: �� a . . subject to �he Trust in accor+dance with the provisior�s of thi �nY limitations s�peci�f ed in t�eis Trust A�eB.� r� s T��s# Agreement, u. �o pay ail ta�ces, assessments, compensatzon af the '� in the collection,care,a �+�, ana all other expenses incurre�i �on,and�rotcc�ion of any'�'rust E;state. V �`o retain in �he Trust for such #i�ne as the �n�stee �a deern including s�hares of�he Tn��s o� Y advisable any proPert�', which the Trustee has an in �'�nvtes,accc3unts, c�ertificates, or ott�e�investrnents in Property is of�te c�;�,r�� received �y#,�.e Trust�from the Set#�or, whether or not such the risk of the�'rust�s;ta�e p�� law�or the inves#�e��f�'�� aB�to o t �Y bus�ness or pFOper�y received b��e'�n�stee�ram the Set#to�r e at AR� .F 7 . MIS�`ELI,A�IEOUS PR�i��NS 7.01. 1V�SCE]LLAIITEOU�p�py�SIONS � lveither t�e ?'n�s�tee nor any o#.��r on , bond for the fait�i F�orn�.�ce of his or her�•��g �ereunder shall be r��ui� to give a�y)unsc�ci�on. b. No person deatin$wi#h �.e Trust � bound to see to the I�cation of aa ru �' or the Tr�s�ee s successors or survivors, s�ll be �y� - � . Y P��a�se money or other consideration or to ut ' �Y��ssity,or P�Pn�Y af auy b"�nsaction�o whic�i 4� }nYto such Fiduciaries may be parties. c• Any T'rustee shall be enti�ea�a�aay time to seek a judicial settleinent af court of comp�e�ent jurisc�c�io�selected b accounts in any time settle the account of the �`rust or Trus�t��stee.�aa a.�te�ive,the Tn�stee ma.y at any ��Y � be�aeficiaries of that '��st ��rust e hereunder by ag�ment with the incame and such s��afie whQ are not �nd�r�y 1egal disability; �ent shail bin.d a� �ersons w�ether ar not then in being or sui 'uris or th �afitied to any pcution of#�e �� fl� Trust slb�aFe, and sha� effective ' en ar disebarge the Tn�fo�the ac�s and proc�eed� so accou�t �Y �Iease and � ed for. �- The Tr�us#ee sha11�e entitled� r�eive reasc�n�bl enti�led to be reimbursed �4r reaso�able ex�penses it incursCtha.t�are�eC �y�� be duties as Tnustee hereunder. ��'Y #fl �arry out its e. Whea�veF appropriate in�is '�`rust A the plural and vice v ��ent,the s�g�Ia�'s� be deemed to inciude ersa; and the masct�.Ii�e sh�.11 b� deeme,ci � inciude the fem�n�� v�,and each of�hem to include fihe neuter,a�d vice vers�.� � and vice f. For aIl purpases hereundsr, the word `�ro ' � �°� I�P�y aad aay �uterest Qf an I�►d i�n �� e deemed to include reai and "give" shall be #,ak�n to ' 3' any reai or perso�ai pro►P�Y; �d �e ward order tc� 1ncl�cie �ie words "de,vise" an.d "bequea�.'� u�erever appro riate in the#��a f��.pe�sonal�rop�- �' 1VIem �or aiI Fu�poSes hereunder, the ter.�us "Perso� � resent ' » « � `�n�,tees, „��Ag�„ iduciari � A�ves, ��mmrt�.ee aPP�Yr�Vspect�vely,#o those who � at�d"?� ' es,"and�e s�ngutars thereo� shall . are t�en eati�led atad qua.�if eti to act as suc�i, v�hether originallY �u��ed,-n�nai�i� s�� . - �� flr � • � telII "CQi�3pi"dte �'�ltSi�," i��IS� hC�' � � �� n?ean a cor�pora#��+a � �s �n �� b�sir�ess of a�� • under the Iaw of th�sii�s of�he T'rust�o serve as T`�us�ee.g ._.. a _IC�t3Ci�.L� 2�i� 2S C��Y 2t2�lOi1ZeC �- '�`he�'rustee shall�a�e�e po�er �n�e?'�ee's ; bv the �'rus� Es'ta�e for �he �avazent of �ebts; anc� 'ta.�ces ��r' �O se�ect assets to be so�d �g�itiQ�of �, �qr fe�� ;��a�e�?.x , nner t�a. wTI� ��i�ize the . ��°��• '�'-� �r�-�� s��ave�e��to exercise at�y aptio�s anc� electro�,s �.mder the �ax Iauls a��a.t��e ,-� �e �� e��*�es sLo�d be �a�e. �� ec�m � �s�e as the ?'_r�stee ��a�e P� �atzo� ad��s�e��,s ��+ �ncome �t� p�cip� s�ai� e�z�oL�h�he�I�Q�s�€av�ee*��r��e�s�� #�� P �� ?��:�ect to op#�o3S �� e�ecfi�a�s �2ade � ;y�~� ��c�artes. '�e ac#�an Qf#,�e beneficiaries. $a� �ie vc��c�zsi�e ar�d bi��ing upon a�l 3- ?�.ere shali be no ct�ty€�n fi.he�'n�stee to�a�o�see to�e �'-Y��es of�ife i��;t�,�c� or�Q take aa � � g+ �aY"�ent of a_n��tt�s o� Tr�stee�ol�s�#�e�4 a� ; � eF 4 �e r t�'e� "� f��ce, ua�fil such �m� a.s the �'he T'rt�stee fi Y��su�ce�l�cies hereutide�8s a��r-��e cQ��s of a�y�'�.js#�state. -�.*�he�orP asst��es�o r�s��b3iit; �� ec±+ of sa��olicies. Novve��-s as�c�o�as �" _o �e`•'��'-�o�er�orceabi�i�� unde�any of such policies,#,�e ��able after re��i«:g��c�o��ze ciea�h�f the ias�d Tbe Tr� s�s,L La�r� � Frocee�to �#�ec� � 2mQ�u,ts payabie thereu�der. a� ��zgl�te a�tho�fiy t� rQ��ect a�.c� reeeive a..�y a�a a.� suc� a�ou� an�rts�ipt#Lere��h�1 � ��i �c� ��te a= ��ce t� . �'S'hQ c}�1� �n�er'�o oblig2.�++cjz��o see to the ro r� ��; . � a�y�Lsurer oT�Y�F� � � ps ��__#h�et��;��he'�'�ee_ �1• Nofiwi#]�id�g �y�in� �o #�e fiw'e�.y-one 21 � �4�tr$�v� '-'-� ?''��.� �e�e�der s�a�1 exte�c� beyoa� C ) Vears af�er+�e �e� of the �ast s�ri�,�flr �f t}�e �e��4� ��ci �ho $ra�3dc�t'��f the Set�o��c3��;��a 2�the �ate o�i��e Se�±�pr's d se ch�t�*e� a�c� t�3�# p�ip� �,g T1'ttS�� c}L�I� {�S�iITI�� g�� ' ' Q ea�. AF the exniration of -�� I��g� fl� 2.322 T T t e�ciarie-s entitie� � ��Qrse a� i� ' 3 � �rQ�e�t;� �o the d i s#ri btrtioas of ��' p��'�de�, �'Q��'�''- that jr_ �o e��t may ar�y �incipai be�ade to or�r�e bez�efit of c='-*,.}��e Se�l�r r�r ar� Se�or or to t�e Set�o�'s e�t�a£� �� e fl�a��T� 7 $ Y ��se of the �e Sett�o�or anY��Qf�he Se��Qr or�he cre�;tors c��e Se�flr vr to�ie �i�o�s Qf es�t�. �. ?�he '�'rLStee sha��re�der �dul# ?acc�m� benef�cia�ies arf� aci=��t��of t�►e a�*�±�;r��e , , #o#he t�e�-I3vi�g ' v' �..��+e�ainder�nar� on rec�.�es� �,� �� du�t in�ome ber_ef cia.�y � �-t remai�tc�er�a� �a 1�z� �F�o'�'� �e�ee� ��r #�,e �;j�; a j r�aanc�ermar�sl�a�� be �o�c�tsively�incii�g o� �,il�,� ;�s ;� �r_te�-est��e�� e�c��es �d afo�ner_tio�ed adc�� ben��ci�es �r r�s Ag?�ee�ner_t 'I'he conc�t�s�v��v �� r��ai�d�rn��.�, � �� as� �a�,T be3 sha.�I be . P��ed to �ave 3ppr��ec� �ach sr�c� �c�o�,�� , N cept�o�s the�o .v�ith, #�e Tr�stee ' i�� , �3 Q. � �e�� ' ��' �T �?e� £�� u�tte�? athiag here� shall Izmi�tbe *�� ,��T � � �� r #�e �� Qf�a£�, acca�-�= , s�rSC�tCtiOL'�8# .35�� tfl '�� '{'� �CC42I?2�?�i� �32 ��ij.,�r'� 4�C�J�21?��iZ: tQ $P�''°Prs�te�es- '-.��e?�cQ*_�s�f�e T'r�st��1 �P � �.e i��spec#��*�of*he benef cz�ec�f�hp � � :'�''-e*_i s�2Ii ;��r,3ble#z��c �-.IS�31��1�2�7?'�.n��?ir�t��I'v'�3i'�5��2*A��ec. � 9 Ait�CLE 8 ��:R�TATE��IDIJC'�:�►�tIES �.��. S�I�'CESSO�t�[I�7C�� iu the eve�rt#h�#both�tos�ie B.��x�a��sa��,�e�e l�.��#�t,should or unwilling t�act or coatiaue�s Tn�;,tee fQr any reaso��a�oey�.;a success � bo�a be unable C�iOSCSI�y 8 IIl�jfll�4��14�O��C�G�I�3i'it� Q �r��S�I8�� age 1 g aad legalty compete�t. ��c�I��' �f�e �e�or v�ho are then.over S.OZ. D��'A�O?��F Il�TC�'�C'�'� � � INA$II,IT'�OR ��S_��A��,�J�t CD�� G��'O ACT�Y PE��.SOIlT S��G AS TRUSTE� a- ?'he�ab�Iity c�r unwi�iiagness t�f an shal� be co*�clusivel Y�erson ta a.�#Qr�o�#�ue as�rt�s�ee Qr ca�'n:istee Y P�s�eci for ai� F�p�yses ugo� P�� b�r #he �eit�or flf a R�it#� staternert�er��the e�is�tence of said incapa.�ity�r u��Ili�gness.A.� ons v suc�a certi�i�ativn a�d are hereby releas�d �ram an�snd aL s��bili �f� �re1, upon the�`�st�state and the benefciaries�f�e Trust resultin �Q�n�e � �� n�'egard to g rel�ance on sa3d certtfx�iQn. b. Iu the altern,a#ive, the inab��t; gf an �- conclusiv��3' p��e� b �� 3' ��rson Q �? �� c�n�inu� as Tn�stee sha� be Cor�mo y F�ons if � g$ysic�an, dt jy licensed � �zac�ice in t33e n�vealth of Peansy�y�ia,c�r ano#,� af t�e tlnited �tat�, s�I b3� �tten statea� decjare that ia#he physician s vpzr�c�the � . . . �� d person �s �abl�t� serve as �`r�� due to iL heait�, �i�3'� e�,�r for an;other reason.�4I�per�r_s s�ha.�I Fe�,upc��s�ch a staf�i by sa�d ghysician a�d the Settlo�hereby reieases aIi � persQ�s actiag ir�re�auce thereupor ana any said phy�cian �'iom any and a� lia�`� of any�.zre �n reaar� #Q the such a si�ate�eII� � ��;k�tg or re�y�ng upoa 8.tD3. �MO�'A..�{)�'�'��T�� e Se�ttior sha�i ha.ve the pc�wer�o remQ�je aay thea ac ' '?� -r whenever in the Se�or,s -u �g '�t�oz co-��;�stee�f the Trus� 3 �en�it is in �he best interes� oi�e �'n�s*and to appoi�t ia his or her or its gla�e an iadi�ridua� a: �rpo� �st eQm , �vwers a�td authorit�es �� a a�' as sueh �rustee wi�h aII �� of the S��r shall become a�� F�v�.��, �4��Ye�, �.t"ei�hei f�2C S�fl£I30F 8II� S�?Q3:..� �'n�ste�• A�y re�� of a �`�us�e� c�r es�-�'�us�e f Trus#ee ar co-Tnistee,s�l be by i��ent��riti�ag,�3�red,��.£�Q�I ' apgeintment �. �o the Trustee so removed 2nd t�e�'x�us�e�sQ Q,a� �. � • ; �ed ana de�i�cred such ix�tnnunen#shall naf make i�ineffective.�P �'p.�.��t h'�faiI�t£�ie g,�e�i�er � F . �AL�'�'RANSFER�'� �.0�. ?R��r a'v��,.x�1`t�..��..��J��?�? Ot�� ruvissc.,� . p s�s vf i�s '�'re�! A�e�u��t ��r��wtt��? �t g, i �,i.e etjeL� �at rea.� 'c . to the Trust b;�he Se�ior,no di�butions Qf�he ri��i • ,. �� i` #�s �'�'u�t ij ever be �ade fro� the �' � ��'�n�°m�= �. �t�r�sse�Qf rr��sst tc� a..�y perso� i��Q �Q��c� �ai1 �Q mee� #h� �� . r�wremen�s necessary t� e�ci� �e tra�sfer af�eai �� s ��us� �'ro�n realty �a�sfer taxation tu�de� #he Sec�ion 8102-C_3 of �e Pennsylva�ia Rea.t#y �'rans�er Tax Act (72 P.S. § 8102-C3) as tl�at Iaw is ir� e�ec�r ax �ie �e of#he fi��s�er a��ie rea� estate interest#o the �� NLSS�ItE�I4',I have�e�eun#o set� � � 2006. 3'�d an.d seal�s�day af , �� fr: 1✓ r 1 ��2� ��rIIC� ��Ot eia� � Kif.f�i a� L�!'I��'d�.KfJ � �ZOS3�1��.��Id11d#,TZi�.S�CC . � . ' i�S � �le�e B. Sm�t�,T�;�stee 1j ��pr�A1�.'I'�I OF PENNSY�,�1��IA : COUN'�'y OF DAUpI��N = ss. �Before �e, the �dersigned authorit�, persvaa�y a Set�or erson�ll Ppeared �s..� �a ��k� =P y knowa to?�e ar pTove� to me on the bas�s Qf sa�zsfa�Q e�� be the p�son�hose a�e is sttbscn_"b�i rQ�e v5ti� ��., P,�f � e�ce, i4 ��--_ �,n� ackno�riedged that stzch persan exeaute��e sa�e, � j�SS my I�d and sea.i: f—.��- �y n • 1��e '� ��r, (,� � c ' _ " �� Ta�y�u��.�L ��Nsvi.v �� CC11�Or�AI�T'�O�pE�IN�Y�,V'A.N�� . COUI�T'y O�DAU1'HIN : ss. Befo�e �e, t�e unciersig�e� ?t�tho�i Ait�$�l�i�d��+t��en� �'' peI'S�� r2at��-r'�i ��A �� . ��i t#� Tr��I�4�Iv knn�m #� sr� on the basis of satisfacto � �`� a�'��'o"e�t4 �?e rY e�de�ce, #c3 be �e person w�flse �a.�� is subseribed #� tLe ��u�ent aad ac�o�r��g��a�such�aerson ex ;�� 'VZ'IZ�TESS my�iaud ard ce�: �--.ed�:e sa�e. ��o�e�,�e�- 1� �.6� � Date , _ ��I �� 1�o�arY�'ublic ��fEFAL?�l OF PENNSYLVAN(�► � �� .Ato�r p� � �'='�*�,�►��t�..��, ��arn�stost�,4uq,��,2t�t0 i7 �� C��T�� The fQsowing assets have been canve�ed to the Trus't thi� � �� 2Q06. � �3� af _f V t3V�� , i. �� a��.5 �6, o� 1 � Q 1 r �= t/ � � I S ��° 3.�- ,��., �8��.��C�, S�t�Or � B� ex�Ctrti�g i�iiS SGh�e �4 Q� �e �3��R,R�� ..��t��,..�3�E ��:��R T�t�T��' e person�ed below , th ��o ac�e��e�asition o�'�`�� an� �,�,�r accepts the�`�assets �er�by conve�ed. =�C��'��Y: � ��C:�. a �O � �flSB�i�B.��.�3•8��'��Stee � r - � �. �.�� n��. �� ; ♦ - . "' ' ' ..;�v�►ri 1 �� , .'-��i#:��n CF �`-�� . �• _, .:::.,, �� A.tr A ._.i.t� r-� 1l�� : h � . _ • . �! ► � D �+ ED � HPR18 flJ� �� 1Vladc the�day of in the yeer Two T'housand Seven(20t}7 . ) BETWEEN MARY K. BAR�iCIi, w�idow, of the Cono�y o�Cumbtrl�tud, Commonwealth of p�Y��GRANTOR, A N - D lt�tAi.IE B. ANKAS1tA1�tDT sad DARLEi� B. �MMITH, �RUST��S of tbe HARRICK IRR,�VClCA►�LE GIJt�1lVTQR TRUST dahd�tove�qher 14,zp�,G�tANT'Eg,s, , Wl"�'�E1'H,that in ca»s�da�ation of the sum of One Dollar(51.00�,in hand pa�d,t6e rece�pt whereof ts hereby acknowledgod,the said t�rantor dves hertby grant and convey to the�id ��s ALL THAT CER'Y'AIN t�ract of land situetc in North M�ddleton Township and partl in Middles�x TcrwbshiP,G�unberlend County,Pennsylvan�a,baunded aad describcd ss follows:Y HEGIACNII�iG at a point on-�he northern right of wwa�y line of Airport Drive at ti�soud�n P'K�rtY c�rn�' of r�sidual Lot 1 h8roin conve�►ed, as shown oa #he hara�nafter metnioncd 3ubdn►��fon Plan;thencc a�oag sa�d right of way,Nort�58 degnees 4�rpinubas West a�istance of 1�50 f�t more or lcss to the div�din�g line ofLot 3;th�nce atong Lot 3 North 31 deg�rees 18��inutes 38 s��F,,�t��}�y�of 200 fieet to an iron l�ia set;t��ncc continuing along�.ot 3 snd Lot 2 North S8 degree�41 minutcs 22 seconds West a distana of 8$4.25 fest ta en iron pin�ct on� Properiy Iin� of lands now or formerly of BBtC properties, L,p.; t�� of H�C Propartlos�.P.North 42 degree�s 30 minotes East a distanco of bS7 fect to a point;ih�nce North I9 � degroes 00 minutes East a dlstance of I 89 feet ta a common pnaperty corner of I�ds now or forn�xly � of Joi�ny S.Aus�in and lands now or formerly of Mark V.Vca�;tho�tce atoag Ia�of Marlc V. Venawala North f��degre�s 50 minutes East a distance of 259 feet to a poutt;�North 56 ' �s$�s 30 rninutes East e dis�tee of 730.95 feet to a point vn the p�a�percy line of la�ds now or � fior�n�rly af Jahn Lr Pe#�er;thence atong lands of John L.Feffer Sauth 31 degrees 00 rniaut�F..ast,a d�atance of 11?4.80 feet to a poi�#;th�a�tee S�u�pp degrixs 45 mit�utes West,adist�e of I559.25 feet to a,point a short dist�tc�west of the property t,x�rne1'eS sht�W�t 8S B6gi1�Dg POifl#on seid Pla». � � , EXCE�'TING�tud RESERVING tbc�firom aU that certain tra�t of l.and wbich M�ry K. Ba�rick,widow,by D�ed dated De�mber 3U,20Q5,and recor+ded in the Ut'�ice ofRa;order ofDeeds � �n and fot C�tnbcrlatid County,Pen�tsylVania in Deed Book 272,Page 284I � unto Scott F.Wbalen aad Lisa M.Ankab . , ,g�ted and conveyed .: randt,hu�band and v+nfe,and ; � EXCEPTING and RE�itYING thenfrom aii that ce�in traet of tand which Mary K. Barrick,widow,by D�d daied February 20,2007,�nd r�cordod in the O�oc of�Leconter of Deeds � ui aad for Cu�nbcrland County, Pennsylvania in Decd Hook _,, Page �, 8�� OOtt ',�7� �3�20� � � . ..__ �...._..... : conveyal unbo Jeanifer Smith,individuaUy. CONTAINING a ciarcnt a�of app�ox�mately 58.6 a�res end being rosiduat Lot 1 as s�own on th��inai 3ubdivi�iwn Ptan far Mary K.Bamck�bY�y V.Neidlinger,P.E.,dated August 6,2U05 and recorded in Cumberlend Co�nty Plan Hoak 91,Page t O5. B�ING part of tha sa�ne pranises which IV�tyy K.$artldc,�idow,of Cumberland Coua , Pannsyivaa�a,by D�ed c�i Dec�nber 30,2005,and n�rrded in the Of�ia af the Rec�o�+der of Deeds in and for G�mberiand Caunty, p�sylvan�a in Decd Book 272,Fag�2838,g��a� . COn�Ye�onto MarY K.Bamck,Widow,Grantor herein. A 10 feet wide drainag�c�ent running tiu�ough woodlar�d area is to be�m.aintained to p�rnit the uniunpc�d flow of the n�turai flow of surface n�noff. UNDER AlYD SUBJ�C"i'to the foltowing resui�tions; 1• No mobile homes shali be kept or maintained on tha premises at any time. 2. No outbuilding,t,�t shack,ga�ge,�ou�e trailer,mabile homa,modular ho�barn, shod or temporary buiYd�ng or structure ofanykin�d shalt be used as arc�i�e�d�er temporerily or prarn�anentty. 3. `I'hehe land hereir�refernd to shell be used solely for r�identiai pwrposes and sha11 not be used for any eomraercial use of aay type or nature, 4. No liv�tock of eny lancl,including but not limi�d to cat#�e�poul�cY and h��aU be permittod under any circumsl�a�nces. Dut�or kennets or the eommereial breeding of dogs is prohibited, �is transfer is�umpt frotn rea�ty h�ans�fer fax as a transfe�to a t�t wha�e the tra�nsfGr ofthe s�e propetty would be exempt if tha t�sfer was ma�da directly from the(3rantor to ett of th� poasibte b�e�cieries. . ! �ND the sa�d Cn�ntor h�eby covenants aad agr�s that she wi�l warrant spcciatly the property hereby�oonveyed, i � IN W8ERE4F,th�e sa�d C�rantor fias caused these presertts to be duiy o�cecuted � . d�c day and ytar first above written. - � Sig�d a�ot dcliver+ed in � . the pzesance of � � , � ' M�ty Bu�e�c . � � . �� ! I --- . ._....._._..._.�_.........._�__..._.__�._. � _......___. ._ ----j.-... __.. . ._.._----- � � . . �. ' ' , . ♦Y• e eo�ortw�.Tx oF��vivs�.v�v� ; , : ss. couiv�o�_� h, . � � OII th1$,tbe��c�Ay Of ,�,��1��a�...____:2007,befol�C S No • . and for the Corrunonwealth of Pennsylvania,csa�e t�above namod �' tery Pub�c,m (or sabsfFactor�ly prove�)to be the person whc�se name is subsaribed to the��ovvn�o me acknowledged tha foregoing dead to be her act and de�d and deaired the samc to be r.��o�+d��uch. WiTNE3SETH my hand and notarisl�l the day and year aforesaid. N Y LIC ��I�i�eW ��"r �!��jV i.�.. .� • �� _a.'.! :y.st • � . �. •� � I henby cet�tify th�t the pnacise a�dt3resse,g of the C#ran�ees �K' � are: .. ;�� Rosatie B.Ankabrandi �68 Linn Ih�ve Cariisle,PA 1��13 1 r�artene 8.smith � 1843 3pring Road : Carlisle,PA 17013 i Atto o C�raatees I I ' C�MMONWEALTH Q�PEiVNSYLVArIIA • � . I COUNTY OF CUMBER�.,AND = SS. . I I R�eoorded in t�e U#�ca for Reeording of D�eeds in and for Cumberlsnd Coem P lv ' I n►�ecortl Book ,p� , tY� �Y � � Witnes�trty hand and seal of Uff'ice this day of Z007. � � � Recorder of De�is � � ��"9 ��04 I __� i _ . . .__.__ ._�.__ . . ` � -- --. ` ' RE1R1��X[1t-0�{j � ��hi�"6� � st�ts 7iuc P��t�li1L ONLY.w -- � � ,�� s� ' �� sooic t�wr,bar --• --;1 O{— —-• --- 1 �•�� a �� See Riv+��or in�trt�Ons o�a.�.o � . _ Con+pM�e�h�oian and Na in du�s�Ih Recc�der ot pee�w��>>�f�p�retue�lder�flon k not set uor��a deed�j wben Ihe �ed�widxwt aa�tder�tfon,or by gM.or t3j a t�c s��ci�med.A��slement otVaM��r�ot res�+ed N�e�re�er Fs wtaN�r e�e�pt tbqm �c�a��?�ur�Y releior�t+�►or j21 vt�c Wwty e�e�nt.�mor+e sp�oe is r,eeded,a�h�d�t��, � - in i�tna bo dir�id!o th�follow�n ; � Law OfMc�01 Mari�e F.Hazen T�na�.�un+b.r: ZOQO��tn�i�fio�nmm Road Suite 202-- •-—• --. ---•-.--- � --- . __. (717j 5.4.� ��_ -"' ' H�� PA 1711Q 8. DATA � A a� �'!►�Barticice} ��'� sp�� - - ---• ��&Darisns B 3mith,Co-Tn�stees �� 765 Linn Dr.&148 Spritig Rd t�r ._..------- .._ ._ _�..._.___. . _ .�. . _... ... BtaEe Zlp c?ode t�, �— .�� . � PA 17093 Cari�s{s PA 170t3 C• U�ICl11lON �� C�h►��o�nahtp.eaou�ti -��---- - --•--. .._. .__. -- . Nortt►Mktdlebon Twp�N�ddiv�x Twp . ��t�lbeltattd �001�d 'ravc Paioei hqnr�br --� .. " ..`� Csr�bb Part of 28-Oi7-0�+187•i t4 D. �.Ad�M c�ca�Nd•n.Yon 2 cl�er con.aer.tlon 3 fita conNaeraron '�-��.-b� . +0.00 = 0.00 �. Nl�lue �-- -.. _ .� 5.Ccmmon LsMel i�ib fado► 8.Falr Matket Vbiue - - • _-- _ .-- � x ~ i ts.A�ot�it ot Exia�ppor,q�wd 9b.P�noa�s ot��t�onvsyed ; --�•��_� 10096 t Z.Clr�ok . .____ �_ : App�+o�priabs Box 0skwv br Ex�mptton Cl�dnNtf , CI vVUt or tnteeAs�e st�ooassfor, ; _..�. .._. ....----..� Q Tranater to tndustrfal Development Agenc�r. (i'�0e o�neoedentj --. . . ._.--- �a�s�€i'rs-i�hnno.rj _ ! � �fe�to a i�ust,(At�c� ! canpte�copy of�rust sgreement iden�tyttt�at!benet�c�etfes.) � '1'iransAet baiween pr�and e�ent.(Attect�oomplete copy,ot��y��P�h��-� � D '�r�n�ens to the canm�th,tne unrted states end lneUumen�es b�r ,ctsdk�on,carrdemr�atiori or In Nsu ` ot candemna�an.(1t oond��n�tlon or��eu ot cor�d��1o�� ! ❑ Trensfvr ft+om ' �PY �utlon.) ; �ot to a hottlet of a mortgegs!t�daf�uR,A�O Book Nwnbsr i ❑ Cvmet�iVe OT OORfltm�O deed. Allach —_.—..,Page Wtlnlber`_. N t °OmP��PY��R�dsed betrt$t�o�d or a0nflnned,� o , Q S'te1u�tf►vo�'Aot�te c�or�o�ion.rnerget or dlvl�iot�.(A#soh copy�artic�,� 0 �'{Pis�expt�n exemptlon c�aimed.if other fhan lis�ed above.j J _ �_.._.. . ��_ ..--- �- ---... . .__ ; �P+a+�af i�r,f�I�olarr lhat 1 la�w�ca�ln�d tl+�s!h , �+�,�t t+r a�.,cornat.nd c�n , a"'•�+��nc�eca�sacon�penyt�o�ora�aqot�,ana�o a�.b.st j �"�'' aoox 279 �c� °�' i 32�5 , � � � ,� RORM P'ROP�tLY Olt ATTACH APPL[CABLE DOCUIMlaTATWN II�AY R�U�.T tN RlRUaAt.T+�RECORD TN�DEED. � i ; . _ _--_.._..r,......,.,.,_ � .._, . -- � � �_ -_ , _ '.� _ _ . .s �, ; , ' APPRAISAL REPORT 58.�60 ACRE TRACT OF LAND . . LOT NO. 1 AIRPQRT DRIVE . CARLISLE, PENNSYLVA►NIA PREPARED FC�R THE ESTATE OF MARY.K. BARRICK ' BY LARRY E. FOOTE � DIVERSI�'IED APPRAISAL SERVICES 35 EAST HIGH STREET, SUITE 101 CARLISLE, PENNSYLVANIA 17013-3052 {717)249-2758 Diversifted .Appraisal Services . . Re�l Estatre Appr�ers�d Consu�ants 35 F_ast High Stre� Car�sle,PA 1701�3052 , � (71�249-2756 FAX(71�268-4741 � Febn�aiy 26,2013 TO: The estate of Mary K.Barrick FM: Larry E.Foote � itE: Sumn�ary Appraisal R�port 58.60 Acre Tract of Land � � _ Lot No. 1 Airport Drive � � Carlisle,Pennsylvania. At your request,I have appraised the captioned 1moP�Y• T�aPP��,which follows 13�s let#er,is subnn�tted in_sapport of my opinion of Market Vaiue of the Fee Simple v�l�erest in the property,as of Febru�ary 1;2013. , . . I hereby aertifY th�t,to the best of my laiowledge and belief,the data,facts,�d op�ons s�t forth t��ez�ein,are accurate,subj ect to the.Statement of Assumptions and Limiting Conditions that.is also�ade a part of the re�ort,and that the inclicated Market Value of the . subject pmoperty,as of February l,2013 is: FNE HUNDRED TWENTY-NIlVE THOUSAND DOLLARS � $529,�0 This appraisal has been made in conformity with the s�tandards of professionat prarctice . of the National Association of R,eattors Appraisal Section. I appr�xiate Your ha.ving considered me for this assignmeat and tnist that you find the report entirely satisfactory. Resp�fully submitted, ._ � . Larry E. Foote . Pa.Certified General Appraiser � GA-000014-L 2 . � SUA�IMARY OF IMPORTANT FACTS AND CONCLUSIONS L(�CATIUN: Lot No. 1 Airport Drive Carlisle,Pennsylvania TAX PARCEL NUMBER: 29-07-0467-114 DESCRIPTI�N: A 58.60-acre tract of vacant land. PR4PERTY RIGHTS: Fee simple interest. OWNERSHII' HISTORY: The subject property is owned by the Barrick Irrevocable Grantor Trust. The property last transfemed on February 20,240b for a reported consideraxion of$1.00 and ownership transferred on Deed Book 279,Page 3202. � SCOPE OF THE ASSIGNMIr�TT: The scope of the assignment included an an,alysis of the subject's area, an inspection of the subject pin�perty, an estimation of the property's highest and best use, � consideration of all tbree approaches to value, and the . applica.tion of those relevant to the valuation of the subject. CLIENT: The estate of Mary K.Barrick. . IlVfiENDED USER: The estate of Mazy K. Barrick. � � OBJECTI`TE: To e��fiimate the market value of the subject property as � unencumbered. EFFECTIVE DATE: Febr�aiy 1,2013. INSPECTION DATE: February l8,2013. HIGHEST AND BEST USE: Subdivision into residential building sites. � � COST APPROACH: N.A. � SALES APPROACH: � $529,000 INCOME APPROACH: N.A. FINAL VALUE CONCLUSION: $529,Qp0 � 3 THE VALUATION PROCESS � The valuation process is defined in The Appraisal of Real Estate as published by the Appr�isal Institute,as"a systennatic set of procedures an a�er follows to provide answers to a clieut's qu�stions about real property value." � It cons�ts of a series of steps that are appropriate to a specific and particular appraisal assignment tbat beguls with a client engaging a real estate apPraiser-to develop an opinion o� valu�e for a specific property as of a given effective date and ends when the appraiser communicates and reports the f�al conclusions and opinions to the clien�. Defin'ition of the Appraisal Problem: � . The first s�tep in the�appraisal process includes the presentation of the following: - 1. Identification of the�client,the intended use,and the intended users-of the appraisal �� . . 2. The purpose of the appraisai,including a definition of the value being reported. 3. ' 'on of the effectiye date of the appraisai report. � 4. �Fdinaty assumptions that are applicable to the appraisal assignmen� - 5. Hypo#hetical conditions that are applicable to the appraisal assignment. Scope of Work: Scope of work is defined in the Uniform Staudards of ProfessionaZ Pra�ctice as beuig "the type and extent of r�esearch and an,alyses in an assignmen�" This includes the degree and e�ent of research and the data that is deemed as neces:sazy to develop a credible opuuon of value for the Pr'oP�Y�aPP��. . � �Dsta Cullection a�d Analysis: . � The appraiser must�and analyze market area data,subJ��P�P�Y��d ' comparable property data,tb,at is relative and relevant to the appraisal assignmen�. Development xnd Applicatioa af Trnditional Approaches to Vslue: � The appmiser-must conside�which of the three traditional approaches to value are appli�sble,r+elevant,�td necessaty for developing a credible opuuon of value for the subject F�P�Y. Th��tional�ppr�aches to value include the Cost Approach,Sales Comparisvn Appro�ach,and Income Capitalization Approach. When two or more of these � _ a}�proaches to value are developed,the�appraiser must dete�mine the amouni of emphasis and consider�on to be given to each of those approaches to value,since one or more may have � gr�r sig�nificance in the appraisal of a specific property. . Rec�nciliation of Vslue Indications snd Fina1 Opinion of Value: - � � The f�1 step in the valua�ion process is the reconciliation of the value indications developed by the a�ppraiser. Reconciliation is the analysis of alternative conclusions to arrive at s fnal val�estin�ate. Reconciliation is required because differen.t value indications result from the use of multiple appro�ches to value and within#he a�plicatioa of a single approach. The finat value e�stimate is not derived simP1Y�Y aPP1Y�#echnical and quantitative _ 4 , procedure.s,rather,it involves the exercise of judgment,and the value conclusion reac�ed must be consistent witti mazket thinking. ; 5 � � APPRAISAL CERTIFICATION I hereby Gertify that upon agplication for valuationby: � THE ESTATE OF MARY K. BARRICK the undersigned personally inspected the following de.scribed property: All that G�rtain piece or parcel of land situate in North Middleton Townslup and partly in Middlesex Tov�►�nship,Cumberland County,Pennsylvani�,bounded and described as follows: � Beginning at a point on the northern right-of-way line of�Airport:Drive at the south- east�rn propeity corner of residential Lot No. l herein described,as shown on the Fina1 � Subdivision Plan for hi�ry K,Barrick prepared by I.any v.Neidlinger,P.E�.,dated August 6, - 2005 an�d recorded rn Cumberland County Plan Book 91,Page 105;thence atong said right-of- _ way,North 58 degrees 41 minutes West a distance of 1,450 feet,more or less,to the dividing . Iine of Lot No.3;thence along Lot No. 3 North 31 degrees 18 minute.s 38 seconds East a distance of 200 f�t to an iron pin set;-thence continuing along Lot No. 3 and Lot No.2 North 5$c��groes 41 minutes 22 seconds West a distance of 884.25 feet to an iron pin set on the p�operty line of lands now or foimerly of B&C Properties,L.P.;thence along lands of B&C Prop�tie.s,L.P.North 42 de$rees 30 minutes Fast a dis�ance of 65?fe�t to a point;thence North 19 degr�es 00 minutes East�distance of 189 feet to a common property corner of laads . now or formerly of Jeffrey�.Austin and lands now or fonmerly of Mark V.Veneziale;thence along lands of Mark V.Veneziale North 60 degrees 5.0 minute.s East a distance of 259 feet to a point;thtnce North 56 de�rees 30�minutes East a distance of 73095 feet to a point on the � property line of lands now or formerly of John L.Peffer;thence=along lands of�John L. Peffer South 31 degrees 00 minutes F.ast,a distance of 1,174.80 feet to a point;thence South 00 d"eg�es 45 minut�es West,a distance of 1,559.25 feet to a point a short distance west of the P�''�P�Y comer as shown as beginning point on said plan. Excepting and reserving,however,two tracts of land that were conveyed in 2005 and 20Q7,for a remaining area of 58.6 acres. To the best of my knowledge and belief the statements contained in this regort are true and cornect, and thai neither the employment to make t�is appraisal nor the comp�ensarion is . contingent upon the valwe reported,and that in my opurion the Market'Value as of Fe�n�ary l, 2013 is: . FIVE HUNDRED TWENT'Y-NfIl�1E THOUS�ND DOLLARS � � $529,000 The property was appraised as a whole,subject to the contingent and limiting conditions b . � . � outlined herein. Larry E.Foote Pa Certified General Appraiser GA-000014-L 7 PURPOSE OF THE APPRAISAL , . � The purpose of this appraisal is to estimate the Mazket Vaiue of the subj�t property as . of February 1,2013. l�iarket Va1ue,as defiaed by the courts, is the most probable price estunated in terms of mo�ey w�ich a property will bring if exposed far sale in the open market, allowing a r��sonable tune fiin�ding a purcha,ser who buys with knowledge of all the uses to which it is a�dapted and for which it is capabie of being used. � �requently,it is referred to as the price at which a wiliing seller would sell and a willing buyer would buy,neither being under abnormal pressure. � � ffiGHEST AND BEST USE Highest and Best LTse is defined by the Appraisal Terminology and Hsndbook, published by the Appraisal Ins�itute, as "the most profitable likely use to which a property can be put". The opinion of such use ma,y be based on the highest and most profitable continuous use to wlach the property is adapted and needed, or likely to�be in demand, in the reasonable near firture. . � However, elements affecting value that depend upon events or a combination of .occurreaces which,while within the reaim of possibility,are not fairly shown to be raasonably prob�tble, s�hould be excluded froYn considera.tion. Also,if the intended use is dependent on an unceitain arct of another person,the intention cannot be considered: Based on the abave definition and af�er seeing the site,neighborhood,and area,it is my . opinion tl�use of the subject for subdivision into single-family residence building sites is its Highest and Best Use. OWNERSHIP HISTORY The subject propertg is owne�ti b�the Barrick Irrevocable Crautor Trust. The property - last on Februaty 20, 2006 for a reported consideration of $1.00 and ownership transfemeci on I�ed Book�279,Page 3202. � 8 ESTIMATED I��ARI�ETING TIME , The reasonable merketin�time is an estimaxe of the amount of ti.me that it would take to sell a property at the estsmated market value during the period of time immediately af�er �e eff�ive date of the appraisal assignment It is estimated that if the.subject property were offered for sale at the indicated Nlarket Value, a reason�ble marketing time.would be one to two years. This estimate is based upon quarterly sales figures published by Central Penn Mu1t� List,Inc. ECONONiIC TRENDS H[istoric,ally, property values for similar properties have steadiiy increased, with vacancy rates r�uung stable. However, the recent lag in the economy has resuited in a leveling of appreciation rates and longer marketing times. Fu�cing is readily available to qualified purchasers at reasonable rates and terms. • - EXPOSURE Z'IME - The length of time the property bein�appraised would h$ve been offered on the market . prior to the hypothetical consummation of a sale a#the market vatue on the effective date of th�e ap�raisal.Exposure time is presumed to precede the effective date of tbe appraisal. The reasonable exposure period is a funetion of price,time and use.It is not an isolated opinion of time alone.Exposure time is different for various types of property and urider various market conditions.It is a retrospective opinion based on an analysis of past events,assuming a compet�itive and open marke�It assumes not only adequate,su�cient and reasonable time but �daquate,sufficient and a reasonable m�arketing effort.Exposure time and conclusion of vatue are tt�erefore interrelated. Based upon the informaxion presented i.n this report,a reasonable exposure tim�e for the subjeet properiy is estimated to be one to two years. t 9 SITE DATA ADDRESS: Lot No. 1 Airport Drive �. TOWNSHIP: North Middleton and Middlesex COU�NTY: Cumberland - STATE: Pennsylvania � LOT SIZE: Approxunately 58.6 acres. � SEWERS: Public.utility,next to the site,t�;rminating at 303 Airport Drive. According to North Middleton Township water and sewer employee, � � de�elopme�t of the lower portion of the site would pmbably r�uire - - consllruction of a sewage pumping station,which would be the r�sponsibility of the developer. � WAT'�R: Public utility,next to the site,termu�ating at 303 Airport Drive. According to North Middleton Township wa�er and sewer emp�oyee, the existing six inch vv�ater line will probably�-insu�cient for Residential development of the entire site. ELECTRICITY: Public utility,at the site. ZONING: R l,Lo�v/Medium Density Residential Zone. � DETRIMENTAL INFLUENCES � � None. Pride of own�rship is evident throughout the neighborhood. � DESCRIPTION OF THE SI'I'� - The subject site consists of a vacant tract of land containing 58.6 acres of gross area. . This tract of la�d is irnegular in shape and contains 1,450 linear feet of road frontage � along Airport Drive. The tract extends approximately 2,035 feet in depth. The topography of the site is best described as level to hilly. Approximately 33 acres of tl�e site is wooded. There does not appear to be any .drainage problems, and according to the Federsl Emergency Manage�nent Agency map number 42041 C4231 E,the site is not Iac,ated in an area which is prone to flooding. � . 10 � In the absence of core boring, it has been assumed that there are no mineral deposits of a comm�rcial nature underlying the subject site. For the same reason, it is assumed that there are no un.usual sub-soil conditions that would adversely affect the subj�t site. Access to the site is via Airport Drive, and visibility of the site from this roadway is considered to be good. 11 - - � THE APPRAISAL PROCESS Three approaches to value are generally �inclu�ded in an appraisal report. These techniqu�es include the cost approach, sales comparison approach, and income approach to � valwe. . . . The cost approach to value is based on the assumption that the reproduction cost of a buiidin,g plus land valu�e,tends to set the upper limit to value. A key�assumprion is that a newly constructed building would have advantages over the e��isting building,therefore an evaluation focuses upon disadvantages or deficiencies (depreciation) of the e�cisting building compared to a new facility. - ' The sales comparison approach to value assumes that under normal conditions, a given `� number of parties acting intelligently and voluntarily, tend to set a pattern from which velwe . can be estimated. Application of this appr�ach relies on a comparis�on of the subject with a sufficient nuinb�r of recent transactions of comparable prope�ties in �he market, based on a common unit,such as price per square foot of building area or price per acre. � The inoome approach concerns itself with present worth of the future potential benefits _ of a prop�rty. The uutial estimatie involves the net income, which a fully informed person is jus�tefied in a��uming the property will produce during its reniaining useful life. This eslxmated �et income is tb�n capitalized into a value estimate, based upon the level of risk as compared with tbat of a s'unilar type and class. Since the subject property consists of a vacant tract of land and it is unlikely that the subject woutd be used for inc,ome-producing pinposes, only the sales comparison appro�ch to � valu,e has b�n apglied to the subject property and is subseqwently prese�.ted. � �2 . SALES COMPARISON APPROACH � In arriving at tlus conclusion of the value of the subject property, the appraiser made a survey of properti�s that have sold in the area of the subject property. Consideration was given and adjustments were made on each�comparable sale as to time of sale, size, location, as well as all other factors that miglit affect value. A resume of some of the sales considered by the appraiser is as follows: SALE NO. 1: � Location: Richland Road,Carlisle , Parcel No.: 08-10-4628-004 Date of Sa1e: December 26,2011. �; Deed Ref.: 201135995 Size: 89.91 a,cres with 60 feet of road frontage along Richland Road. _ Topography: Rolling � Utilitics: Ele�tricity and telephone. Sale Price: �1,60Q,000 Unit Price: $17,796 per acre. � Grantor: Lynwood B.Phillips,Jr.,et a1. , Grantee: Clouse Farms Family L.P. SA,,�.E NO. 2: � . I,ocation: Lot No.7 Mount Rock Road,Nevwille � Parcel No.: 46-08-0591-041 � Da�e of Sale: November 7,2010. � Deed Ref.: 201032423 Size: 63.08 acres with 63.08 feet of road frontage along Mount Rock Road. Topography: Rolling to hilly. Utilities: Water,sewer,electricity,and telephone. Sale Frice: $475,000 Unit Price: $7,530 per acre. - GTantor. Joseph S.Rook,Jr.and Clarice A.Dieter, Gr�tntee: Big Spri.n.g School District. � , . 13 SALE NO. 3: - Location: Lot No.2 Enola Road,Newville Parcel No.: 43-OS-0417-093 `�ate of Sa1e: March 1,2011. `�d�ef.: 201106927 Size:� 53.59 acres with 562.90 feet of road frontage along Enola Road. Topography: Rolling � = ` Utilities: �Electricity and telephone. , Sale Price: $4�8,000 Unit Price: $'7,8Q0 per acre. � C`rt�antor. William L.Ditt�nar,et a1. � C'nantee: Sheri A.Licklider. The appraiser,in addition to the sales li,sted,also considered several additional sa�es in amiving at his final�opinion of value. On the Sa1es Comparison Analysis form that follows this page are dollar adjustments reflecting market reaction to those it�ems of sigaificant variation between the subject and eomparable properties. If a significant item in the comparable property is superior to,or more favorable tban,the subject praperty,a minus(-)adjustment is � n�de,thus reducing the indicated value of the subject;if a significant item in the comparable is infe�ior to,or less favorable than,the subject property,a plus(+)adjustment is made,thus increasiag the indicaxed value of the subject. � . After��alcing a11 of the necessary adjustments, it is the appraiser's considered opini�on that the indicated valwe of the subject property by the Sales Comparison Approach is$529,�0. y . 14 SALES COMPARISON ADJUSTMENTS The appraiser has an,alyz� comparable sates and has develop�l dollar adj ustments, reflecting market reaction to those items of significant variation between the subject and . , co e properties. If a significant item in the comparable property is superior to, or more . �avorable than the subject property,a minus(-)adjustinent is made,thus reducing the indicated vatue of the subject; if a significant item in the com�rable is inferior to, or Iess favorable than _ t� subject property, a plus (+) adjustment is made, thus increasing the indicated value of the subJect- SALE#1 SALE#2 � SALE#3 Sale Price 1,600,�0 475,000 418,000 Price Per Acre 17,796 7,530 7,800 Location -1,800 +1,500 +2,300 - Road Frontage _gQp . Public Utilities +1,800 +800 r T��PhY -1.800 -800 Net Adjustment -1 800 ` +1.SOp +1.500 Indicated Value Per Acre 15,996 9,030 9,300 58.6 acres x$9,030= 5529,158 � . Rounded to:$524,000 J � 15 J CORRELATION � Corne�ion may be defined as "the bringing tvgether of p�.rts in a proper relationslup." . 'The parts of this��isa1 report are the following approaches to value your appraiser used: ' Value Indicated by Cost Approach N.A. � Value Indicated by Sales Comparison Approach $529,000 � Value Indicated by Income Approach N.A. . - y These approaches are representaxive of the market value of the subject property. I have �c,arefully reexamined each step in each method,and I believe the conclusions a�:ccurately reflect the attitwde of typical purchasers of this type property in this neighborhood. It is my belief that this re�;�tamination bas confirmed the original conclusions. The Sales Comparison Approach was based on several recent sales of properties similar . to that of the subject, a11 of which are �ocated in.the same general area. The adJusted sates prices are most consistent under comparison. This approach is the most r�liable because it reflects the reactions of typicat buyers and sellers in the marke� � Therefore, as a result of this appraisal and analysis, it is this appraiser's considered � judgment and opuuon that the Market Va1ue of the subject property,as of February l,2013,is: FIVE �[UNDRED T�iVENTY-r1INE THOUSAND D(3LI.ARS $529,OU0 � : 1b UNDERLYING ASSIJ►�►�iPTIONS AND LIMITING � CONDITIONS SUBJECT TO THIS 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 under responsible ownership. 2. The legal de.scription used herein is con�ect. 3. I have made no survey of the 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, subsoil or stnu�tures which would render it more or less valuable. I assume no responsibility for such conditions or for engin.eering which might be required to discover such factors. 5. The infonnation, estimates, and opinions funushed to me and contained in this report were obtained from sources considered reliable and believed to be tnie and con�ect. However,no responsibility for accuracy can be assumed by me. � � 6. This report is to be used in its entirety and only for the purpose for which it was re�dered. � � 7. Neither all nor any patt of the contents of this report {especially any conclusions as to valwe, the identifiy of the appraiser or the firm with which he is connected) shall be r�produced, published, or dissemi.nated to the public through advertising media, public relations media,news media�,sales media,or any other public means of communic;�tion, without the prior written consent and approval of the appraiser. 8. This appraisal was pr�pared under the extraordinary assumption that any easements or rights of way of record have no adverse impa,ct upon the highest and best use or valu+e herein reported. A title search was not requesteci nor included in the scope of work for _ this assignmen#. � 9. This appraisal was prepared for the exclusive use of the client identifi�in this app�caisal . report. The informa�ion and opuuons comtained in this appraisal set forth the appraiser's best judgment in light of the inforn�ion available at the time of ihe preparation of this repor� Any use of this appraisal by any other person or entity, or any reliance or decisions l�sed on this apprai"sal are the sole responsibility and at the soie risk of the third party. The app�raiser accepts no responsibi�ifiy for d�nages � suffered by any third party as a result of reliance on��r decisions made or a�cttions taken based on this report. . . 1? i � CERTIFICATE OF APPRAISAL I G�that,to the best of my knowledge and belief: 1. 'The statements of fact contained in this report are t�ruue and correct. 2. The reported analysis, opuuons, and conclusions are limited only by the reported - .t,. �ssumptions and limitin� conditions and are my personal, impartial, and unbiased. �professionat analyses,opinions,and conclusions. �. I have no present or prospective interest in the property that is the subject of this report a�td ao personal interest with respect to the parties involved. � - 4. I�have no bias with respect to the property that is the subject of this report or to the parties invoived with this assignmen.� _ 5. My engagem.ent in this assi.gnment was not contingent upon developing or reporting pred+etermined results. . 6. My compensation for completing this assignment �is not contingent upon the development or rrepor�ing of a predetermined value or direction in vatue tbat favors thc cause of the client,the amount of the value opinion,the attainment of a stipulgted resuit, or the occurrence of a subsequent event directly related to the intended use of this appraisal. 7. My analyses, opinions, and conclusions were developed., and this report has been . prepared,in conformity with the Uniform Standards of professional Appraisal Practice. -- 8. I have made a personal inspection of the property that is the subject of this report. � 9. No one provided significaut real pmperty appraisal assistance to the person sign- � ing this ce�tification . Larry E.Foote . Pa. Certified General Appraiser , GA-000014-L � 18 .. PRIVACY N4TICE Pursuant to the G'rramm Leach-Bi�ley Act of 1999,effective Juty 1,2001,appraisers, e�b�►g with all provic�ers of person,al financial services are now required by federal law to infor�at the�i�r clients of the policies of the firm with regard to the privacy of client nonpublic persona�in�ormation. As professionals,we und�erstand that your privacy is very unportant to you and ar��►leased to provide you with this inform�attion. In the course of performing apPr�isal�,we may collect what is known as"nonpublic p�rsonal information"about you. This inforn�ation is used to ' 'tate the services tbat we provide to you and may include the information provided to us by you directly or received by us from others with your.authorization. - We do not disclose any nonpublic personal information obtained in the course of our en�agement with our clients to nonafflia#ed third parties,except as necessary or as required by law. By way of example,a necessary disclosure would be to our independent contractors,aud in c+ertain situations,to im�elated third party consultaats who need to know that infonmation to a��s�lmoviding aPpraisal services to you, All of our independent contractors and any third party consul#ants we engage are inform�i that any info�on they see as part of an s�p�p�aisal assiignment is to be ' ' in strict confid�nce within the firm. A disclosure . r��tu�ci by law w�outd be a disclosure by us that is ordered by a court of competent jurisdiction . v�nth r�rgard to a legal action to which you are a party. � �e�11 retain records relating to professional services tha�we have provided to you for a rea.sonable time so thgt we are better able to assist you with your needs. In order to prot�ct your nonpublic�ersonal inform�ation from un,authorized access by third parties,we main#ain Ph3�sic�,electronic and procedural safeguards that comply with our professional standards to insure the security and integrity of your information. 19 . - � LARRY E. FOOTE ., REAL ESTATE APPRAISER � �i � � t ' �� • � 19'79-Presen�: Chief Appraiser,Divecsified Apprsisal Services,Csrlisle,Pa . Principal Br+oker,LaRue Development Company,Carlisie,Pa. 1976-1979: Associate Broker,Colonial R�,Carlisle,Pa 1972-1976: Realtor Associate,Jack Gaughen Realtor,Carlisle,Pa � �A��praissl experi_et►ce included undeveloped land,farms,building lo#s,singlo-family dwellings,mobite ome parks,me�dical centers,nur.sing homes,motels,apartment buildings and complexes,office building�,sezvice starions,veterinary clinics,rehabilitation c,enters,retail buildings,daycare centers, warehouses,and manwfa�g facilities. EDIICATION: Bachelor af Business Administration,Pennsylvania State University, 1976. Associatie Bschelor of Business Adminish'ation,Hairisburg Area Community College, 1974. Diplrnaaa,Carlislo Senior High School, 1965. Certific�te,Pennsylvania Realtors Institute,GRI I,GRI iI,GRI ZII. Certific.at�,Rea.ltors National Marketing Instittrte,CI 101,CI 10�,CI 103,CI 104, CI 105. Standards of Professional Pra�ice,American Listitute of Real Estate Appraisers. . Rea1 Estate Ap�sal Principles,A,merican institute of Real Estate Appraisers. R+eside�tial Valuation,American Institute of Real Esta�e Appraisers. Appi'aisal Frocedures,Appraisal In:stitute. Prmciples of Income Properiy Appraising,Appraisal Institute. . Case Studies in Real Est�te Valuation,Appraisal Institute. - R�eport Writing and Valuation Analysis,Appraisal Institute. . PROFESSIONAL LICENSES: � � Gen�ral Appraise�#GA-000014-L,Commonwealth of Pennsylvania. . R,eel F.sta�e Broker#RB-029�29-A,Commonwealth of Pennsylvania. PROFESSI4I�TAL DESIGNATIONS EAlI'tN�D: . GRI: Cn�aduate of the Pennsylvania Realtors Institute,awarded by the Pennsyl- vania Association of R�ealtors. � . CRS: C:eitified Resic�ential Specialist,awarded by the Realtors Nati.onal Market ing Institute of the N�i�nal A,ssociation of Re€�ttors, CCIM: Certified Camm�rcial Investrnent Member,awarded by the Realtors National Marlceting Instilute of the National Association of Realtors. PRQFES,,SIONAL QRGANIZA �,�t A►FFILiATIONS: � National Association of ; Appraisal Section. . Ci�r Harrisburg Association of Realtors. Ponnsylvsnia A�ssociation of Realtors. National Associ�ation of Reat�i�s. . Realtors National Marketing L�stitute. 20 . PAS�I` , � • - . Borough of Carlisle Keystone Financial Mortgage . - Carnerstone�ederal Credit Union � Pennsytvania State Bank Commerce Bank Cumberland Peny Association for Retarded Citizens Carlisle Subwrb�n Authority Meznbers 1�Fed�al Credit Union Pennsylvania National Bank Evans Financial Corporation G�'eenawalt at CompanY,CPA Smith's TrrAansfer Corporation Carlisle Department of Parks and Recreation Executive R,eloca�ion Services - � Carlisle Area School Di�rict Messiah Homes,Incorporated ERA F,astern Regional Services ' Pennsylvania Turnpike Commission Chase Home Mortgage Corporation - Defense Activities Federal Credit Union Pennsylvania State Employees Credit Union PNC Moit�e Corporation F�,M Tn�st Company Nationat City Mortgage Corporation � Washing6on Mutual Home Loans,Inc. Pi'�al R+elocation Services � Lender's Choice � Market Intelligence,Incorporated Unit�ad Telephane Employees Federai Credit Union Cumber�County Commissioners AlL�be Fnteiprises Mortgage Corporation - Dickinson Couege PPG Industries,Incorporated G�ttysbwrg College Redevelopment Authority of Cumberland County - _ Reeord Data A►p�praisal Services,Incorporated Fust United Federal Savings As.sociation Fulton Bank - Unitte�d States Marshall Service - � GMAC Mor�gage Corporation ` Orrstown B�k - L�erice�ny Federat Credit Union BancPlus Mort�age Corporation Coldwell Baoker Relocation Services,Incorporated - Centrel P'�nnsylvania Savings Bank � . Mellon Bank ~ Provident Home Mortgage Corporation Various law firms and individuals � 21 ' � � �� ;� i t �w; :?+«'r _ . s . . s� -�� , . : �- . � .; ' � .. ; . � �� . ' .. - ._. , :. ,t. , �� ,, . ...:. �... .:. _, -.:- . . � -. 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