HomeMy WebLinkAbout12-31-13 (3) { j,
REV-1500 EX(02-11) 1505610143
y
r3: OFFICIAL USE ONLY
PA Department of Revenue pennsylvania County Code Year' File Number
Bureau of Individual Taxes DEPARTMENT OF REVENUE
PO 60x.280601 INHERITANCE TAX RETURN 21 13 0438
Harrisburg,PA 17128-0601 RESIDENT DECEDENT
ENTER DECEDENT INFORMATION BELOW
Social Security Number Date of Death Date of Birth
03 31 2013 08 19 .1924
Decedent's Last Name Suffix Decedent's First Name MI
STAMBAUGH ROSS C
(if Applicable)Enter Surviving Spouse's Information Below
Spouse's Last Name Suffix Spouse's First Name MI
Spouse's Social Security Number
THIS RETURN MUST BE FILED IN DUPLICATE WITH THE
REGISTER OF WILLS
FILL IN APPROPRIATE OVALS BELOW
1. Original Return 2. Supplemental Return 3. Remainder Return(Date of Death
Prior to 12-13-82)
❑ 4. Limited Estate 4a. Future Interest Compromise 5. Federal Estate Tax Return Required
(date of death after 12-12-82)
Fil • g 'becedent Died Testate �• Decedent ta t a Living Trust 0 8. Total Number of Safe Deposit Boxes
(Attach Copy of Will) PY )
9. Litigation Proceeds Received 10.b gganl P2v31%1 a dt�Dattes�f Death 11,Election to tax under Sec.9113(A)
(Attach Schedule O)
CORRESPONDENT-THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO:
Name Daytime Telephone Number
JAMES D BOGAR (71g). 737 �%76 3
c
'cJ r*7 �J
REGISTEIkbF,WILL"SE OLT
rat a° w rri rat
First Line of Address rn k---A 1�1 :10 C)
ONE WEST MAIN STREET C-) (D rt-1
-t-t
Second Line of Address r_� M
O
',:SATE FILEDW
City or Post Office State ZIP Code
SHIREMANSTOWN PA 17011
Correspondent's a-mail address: jbogar @bogarlaw.com
Under pen ies of perjury,I declare that I have examined this return,including accompanying schedules and statements,and to the best of my knowledge and belief,
it is true, rect and complete.Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge.
SIGN ATU OF PERSON RES ON IBLE FOR FILING RETURN DATE
Gary A. Thomas
ADD SS
14 Circle Drive Camp Hill, PA 17011
SIGNATURE OF REPARER ER THAN REPRESENTATIVE DATE
James D. Bogar 2 2?
ADDRESS
One West Main Street, Shiremanstown, PA 17011
Side 1
1505610143 1505610143 j
1505610243
REV-1500 EX
Decedent's Social Security Number
Decedent'SName: Stambaugh, Ross Carl
RECAPITULATION
1. Real Estate(Schedule A)...............:......................................................................: 1. 89, 900 . 00
2. Stocks and Bonds(Schedule 6)............................................................................. 2.
3. Closely Held Corporation, Partnership or Sole-Proprietorship(Schedule C)......... 3.
4: Mortgages&Notes Receivable(Schedule D)........................................................ 4.
5. Cash,Bank Deposits&Miscellaneous Personal Property(Schedule E)............... 5. 129, 338 . 34
6.. Jointly Owned Property(Schedule F) ❑ Separate Billing Requested............ 6.
7. Inter-Vivos Transfers&Miscellaneous Probate Property
(Schedule G) . �J Separate Billing Requested............ 7.
8. Total Gross Assets(total Lines 1 through 7)........................................................ 8. 219,238 . 34
9. Funeral Expenses and Administrative Costs(Schedule H).................................... 9. 23, 847 . 74
10. Debts of Decedent,Mortgage Liabilities and Liens(Schedule 1)............................ 10.
11. Total Deductions(total Lines 9 and 10)................................................................ 11. 23 , 847 . 74
12. Net Value of Estate(Line 8 minus Line 11).......................................................... 12. 195, 390 . 60
13. Charitable and Governmental Bequests/Sec 9113 Trusts for which
an election to tax has not been made(Schedule J)............................................... 13.
14. Net Value Subject to Tax(Line 12 minus Line 13)................................................ 14. 195 , 390 . 60
TAX COMPUTATION-SEE INSTRUCTIONS FOR APPLICABLE RATES
15. Amount of Line 14 taxable
at the spousal tax rate,or
transfers under Sec:9116
(a)(1.2)X.00 15. 0 . 00
16. Amount of Line 14 taxable.
at lineal rate X .045 0 . 00 16. 0 . 00
17. Amount of Line 14 taxable
at sibling rate X.12 0 . 00 17. 0 . 00
18. Amount of Line 14 taxable
at collateral rate x.15 3-95 , 390 . 60 18. 29,308 . 59
19. TAX DUE................................................................................................................. 19. 29,308 . 59
20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND.OF AN OVERPAYMENT.
Side 2
1505610243 1505610243 J
Rev-1502 EX+(01.10)
SCHEDULE A
pennsylvania REAL ESTATE
DEPARTMENT OF REVENUE
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
Stambaugh, Ross Carl ' 21-13-0438
All real property owned solely or as a tenant in common must be reported at fair market value.Fair market value is defined as the price at which property would be
exchanged between a willing buyer and a willing seller,neither being compelled to buy or sell,both having reasonable knowledge of the relevant fads.
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 sold
Include a copy of the deed showing decedent's interest if owned as tenant in common.
ITEM VALUE AT DATE
NUMBER DESCRIPTION OF DEATH
1 Real Estate-All that certain piece or parcel of real estate having thereon erected a dwelling 89,900.00
house known and numbered as 220 Cumberland Drive, Camp Hill, PA 17011. The property
was acquired by Carl Stambaugh and Doris Stambaugh, his wife, by Deed dated January 10,.
1950 and recorded January 12, 1950 in the Cumberland County Recorder of Deeds Office,a
copy of said Deed is attached hereto and incorporated herein. The said Doris M.Stambaugh
died May 31, 2005,whereupon full and complete title to the within described property
became vested solely in Carl Stambaugh,the Decedent herein. The above property was sold
pursuant to an Agreement of Sale for Real.Estate dated June 17,2013,a copy of which is
attached hereto and incorporated herein. Final settlement took place on July 31,2013. A
copy of the Deed conveying said real estate,along with the Settlement Statement,are
attached hereto and incorporated herein. The sale price of the real estate was$89,900.00.
TOTAL(Also enter on Line 1,Recapitulation) 89,900.00
(If more space is needed,additional pages of the same size)
Copyright(c)2010 form software only The Lackner Group, Inc. Form PA-1500 Schedule A(Rev.01-10)
Ifl
a`t1e to G day of�``t��"" '' % A. D. one thousand nine
t�
I-" 'f— 1 '�`�l f:, n'
d z' beteen the Corporation by the name,
hundred an ✓1'%4 '✓�
style and title of ALLEN PART. DEVELOPMENT CORP., a corporation duly organized
and lawfully existing; Larder and in accordance with the laws of the
Corunoriwealth of Pennsylvania, having its registered office in the
Borough of Carlisle County of Cumberland and Corruuonwealth of Penn-
sylvania, of the one part and CARL STAMBAUGH and DORIS 14. STAPr1I_UGH,
his wife,
of Lower Allen Township, County of Cunberla.nd,
in the State of Pennsylvania of the other part Y1lilltnegS�Etl��
That the said. party, of the first part for and in con-
sideration of the sum of One ($1.00) Dollar, and other good and valuable
considerations, f)&Yr3; lawful money of the United States, to it in hand paid by the said
parties of the second part,
at the time of the execution hereof, the receipt whereof is here6y acknowledged, has granted, bargained, sold,
aliened, enfeoffed, released and confirmed, and by these presents does grant, hargain, sell, alien, enfeoff, re-
lease and confirm unto the said parties of the second part, their heirs
and assigns,
all that certain piece. or parcel of land,WtYA-w with the buildings and inlprovernents..
thereon erected, being known as Lot No. 1.01, on Plan of Lots laid
out for Allen Park Development Corp., called "Cumberland Park" as
recorded in Plan Book 4, Page 86, Cumberland County records, situate
on the northerly side of Cumberland Drive (formerly Avenue "F") ,
Cumberland Park, Township of. Lower A.11en,. County of Cumberland and
Commonwealth of Pennsylvania, bounded and described as follows, to
wit:
BEGINNING at a point on .the northerly 'side of Cumberland Drive
(formerly Avenue "F") (50 feet wide) at a distance of one hundred -
eighty (180) feet measured south seventy-one (71) degrees fifty-
three , (53) minutes thirty (30) seconds west from a point of tangent
on said side of Cumberland Drive (formerly Avenue "F"), said point
of tangent being at the are distance of two hundred twenty-three
and ninety-one one hundredths (223.91) feet measured along a fine
curving to the left having a radius of two hundred sixty-one and
fifty-seven one hundredths (261.57) feet from a point of curve on
said side of Cumberland Drive (formerly Avenue "F")., said point of
curve being at the distance of two hundred twentyr_nine and ninety-
seven one hundredths (229.97) feet measured north fifty-nine (59)
degrees three (3) minutes. thirty (30) seconds west from the inter-
section of the said side of Cumberland Drive (formerly Avenue "F")
with the northwesterly side of Locust Road (formerly Avenue "N'.')
(60 feet wide) (both lines produced) ; thence along said side. of
Cumberland Drive. (formerly Avenue "F") south seventy-one (71) 'de-
grees fifty-three (53) minutes thirty (30) seconds west a distance
of seventy-nine and thirty-one one hundredths (79.31) feet to a
point; thence leaving said side of Cumberland Drive (formerly
Avenue "F") and along Lot No. 102 north eighteen (18) degrees six
(6) minutes thirty (30) seconds west a distance of one hundred
fourteen and sixty-two one hundredths' (114.62) feet to a point;
thence along land now or late of Robert Stoner north seventy-one
(71) degrees fifty-seven (57) minutes thirty (30) seconds east a
distance of seventy-nine and thirty-one one hundredths (79.31)
feet to a point; thence along Lot No. 100 south eighteen .(18) de-
grees six (6) minutes thirty (30) seconds east a distance of one
hundred fourteen and fifty-three one hundredths (114.53) feet to
the first mentioned point and place of BEGINNING.
UPIDEH AND SU13JECT to said Reservations and Restrictions as
contained in prior deeds.
BEING part of the same premises conveyed ply Mark E. Garber
and wife to the party of the first part hereto by deed dated
October 11, 1949, and recorded October 20, ,1949, Timberland
County records in Deed Book "F", Vol. 14, Page 439.
i t .
Together with all and singular the buildings, privileges, hereditaments and appurtenances whatsoever
thereunto belonging, or in anywise appertaining, and the reversions and remainders, rents, issues and
profits thereof; and all the estate, right, title, interest, property, claim and demand whatsoever of it,
the said parts of the first part
either in law or equity, of{, in and to the same.
Go babe anb to 1plb the said messuage or tenement and lot or
piece of ground above described, hereditaments and premises hereby granted, bargained and
sold, or mentioned, or intended.so to be, with the appurtenances, unto the said parties of the
second part, their heirs
and assigns, to and for the only proper use and behoof of the said parties of. the se-cond
part, their heirs
and assigns forever.
And the said party of the first part for itself and its successors, does hereby covenant and
agree to and with the said parties of the second part, their .heirs
and'assigns, that it
the said "party of the first part and its .successors, all and singular the said hereby granted,
premises, with the appurtenances, unto the said parties' of the second part, their
heirs
and assigns, against it the said party of the first part and its successors, and against all and every
other pel:son and persons whomsoever lawfully claiming or to claim the same or any part thereof
n11:.attb Will arrant anh ,�fnrrurr "PfPith by these prrsents.
Rub the said ALLEN PARK DEVELOPIhENT CORP.: doth
hereby constitute and appoint Edward A. Refse'n
..to be its attorney, for'it and in its name, and as and for its corporate act and deed to acknowledge this
deed before any person having authority by the laws of the Commonwealth of Pennsylvania to take such
acknowledgment, to the intent that the same may be duly recorded.
Jn e�lrntiiltnitl brrr-nf the said ALLMT-PARK DEVELOPMENT CORP.
has caused this Indenture to be signed by its President, attested by its Sec-
retary and affixed hereunto the common and corporate seal of the said Corpo-
ration, that the seal affixed hereto is the seal of said Corporation, that it was
so affixed by order of the Board of Directors of, said Corporation, and that
they signed their names hereto by like order,the day and year first above written.
Signed, Scaled and Delivered in �Gf ............. ........................:...........
the presence of')� C� (/
r �.
Pre sident
A .
Er —F �r
— �� ' [ �.1 I I II.�IH 1:{• � I'l i YI II 1{' ..... ..._
.
------- Secretary.
,mss--•, �_f,# _ ;" `_ ..� -
l„ r e
h��l Ytan :1 III. .` I� rjl ■ y W I �711�
/
County of 59
d ,
On this, the day of 19
before me the undersigned of&cer,
personally appeared , who acknowledged,himself to be the
of
a corporation, and that he as such being authorized to do so, executed the foregoing
instrument for the purposes therein contained by signing the name of the corporation by himself as
In witness whereof, I hereunto set my hand and official seal.
...........................................................................................................................................
.....................................................................................................
............_.........._................
.
Title of Officer
State of PENNSYLVANIA )1 '
County of DAUPHIP? rss
I hereby certify that on this i G°� �r)1 'i'1'
in the year of our Lord, one thousand nine hundred and ��'f'a�• - before me,
the subscriber, a Notary PUblic,, personally
appeared Edward. A. Refsen , the attorney named in the foregoing Deed, and by
virtue of and in pursuance of the authority therein conferred upon
him,acknowledged the said deed to be the act and deed
of the said ALLEN PARI'. DEVELOPLIENT CORP.
Witness my hand and notarial seal the day and year aforesaid.
Title of er
" 11otary P1Zblic
— My Commission Expires;i
2 m M
20
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Commonwealth.of Pennsylvania,
WIVE',
_ ERLAN D j ss.
. .............. _................ ...County,
Recorded on this 12 day of JANo
A. D. 19 50, in the Recorder's office of said County in Deed,Boak H
Vol. 14 Page 121
Given under my band and seal of the said Office; the date aboxe written.
Recorder.
STANDARD AGREEMENT FOR THE SALE OF REAL ESTATE ASR
'I hi.�firm irecomsnm&d and approved fai.but noi%suin:d In use b%.t1w niumbe.r,of the Penns,ivania Associaliciii ofREAL ORS,4�WAR).
PARTIES
BUYER(S): Andrew D Donnelly SELLER'S): v A
I
BUYER'S MAILING ADDRESS: SELLER'S IN NG ADDRESS:
-LAILE
464 Mountain Road
Boiling Springs, PA 17007
PROPERTY
PROPERTY ADDRESS 220 Cumberland Drive
Camp Hill. PA 17011 ZIP
t in the municipality of County of Cumberland
in the School District of in the Commonwealth of Pennsylvania.
Identification(e.2.,Tax ID:Y;Parcel 4.-Lot Block;Deed Bool,,Page-Recording Date): 13230555042
BUYER'S RELATIONSHIP M-71TB PA LICENSED BROKER
1�1 No Business Relationship(Buyer is not represented by a broker)
Broker(Compan-,r) Century 21 Realty Services I Licensee(s)(Name) Cal Williams
Company Address 3315 Market Street Direct Phone(s) 717-737-2121
Camp Hill, PA 17011 j Cell Phone(s) 717-919-1614
Company Phone i Fax 717-737-7129
Company Fax Email cal.wil1iarns(d_)centurv21.com
Broker is: Licensee(s)is:
I Buyer Agent(Broker represents Buyer only) 'i Buyer with Designated Agency
—i -
11 Dual Aaent(See Dual and,/or Designated Agent box below) i X Buyer.Agent without Designated Agency
Dual Agent(See Dual and/or Designated Agent box below)
Transaction Licensee(Broker and Licensee(s)provide real estate services but do not represent Buyer)
SELLER'S RELATIONSHIP WITH Pk LICENSED BROKER
0-No Business Relationship(Seller is not represented by a broker)
Broker(Company) MC Walker Realty Licensee(s)(Name) Mark Walker
Company Address 14 N Walnut Street I Direct Phones) 717-697-9487
Mechanicsburg, PA 17055 Cell Phone(s)
Company Phone Fax
Company Fax Email
Broker is: Licensee(s)is:
----'Seller Agent w-ith.Designated 1 LJ Seller Agent(Broker represents Seller only) I t 11 -
1 ESeller Agent without Designated Agency
I—'Dual Agent(See Dual and/or Designated Agent box belo-%v,)
Dual Agent(See Dual ancf/or Designated Agent box belo-vv)
•
Transaction Licensee (Broker and Licensee(s)provide real estate services but do not represent Seller)
DUAL AND/OR DESIGNATED AGENCY
A Broker is a Dual Agent when a Broker represents both Buyer and Seller in the same transaction.A Licensee is a Dual Arent when a
Licensee represents Buyer and Seller in the same transaction.All of Broker's licensees are also Dual Agents UNLESS there are separate
Designated Agents for Buyer and Seller.If the same Licensee is designated for Buyer and Seller.the Licensee is a Dual Agent.
By shBuyer ninu this Agreement. Bier and Seller each acknol%fledae 112"'in- been previously informed of. and consented to. dual
agency,if applicable.
Buver Initials: niti2k:X"
ASR Page I of I I Sellerl
Revised 1/12
COP),'Rl(;Ill'fll,.N.NSYL\'ANL%ASSOCIA;1'10N'of7 REALTORS 1K 2012
Pennsylvania Association of R"ALTORS' 110
i�o.rn generaie�bv:True Forms" www.TrueForms.com 800-499-9612
i
dated June 17, 2013 ,
2 Seller hereby'aFees to sell and convey to Buyer,,who agrees to purchase,the ideutf.fie„ t�roperty'-
2. 1'L3tCIR ASE PRICE AND DEPOSI'T'S (1-10)
A (A) ?urchasc Price S I,
Flohty Nine Thoasand Nine HundrQd
be U.S.Dolla s),to L paid by Buyer as foUa '
6 /
7 1. Deposit at signing of this Agreemcttt: S .
a �, Deposit within days of the Exccution Date of this Agreement: S U V4
r
9 3. S > Y
10 4. Remaining balance will be paid at settlement.
11 (B) 11 funds paid by Buyer,including deposits,will he paid by check,cashier's check or aired funds.All funds pair!by Buyer
12 within 30 DAYS of settlement,including funds paid at settlement, will be by cashier's check or-%fired funds,but a€tt by per-
13 sons]Check.
14 (C) Deposits. regardless of the Porn of pavment and the person designated as payee, will be paid in U.S.Dollars to Broker Tor Seller
is (unless otherwise stated here; } f
1s who will retain deposits in an escrow account in conformlty %xith all applicable laws and regulations will consummation oYer7I
17 mination of this Agreement. Dnly real estate brokers are.required to hold deposits in accordance wit)r the rules and regulatiov�vf
to the State Real Estate Commission.Checks tendered as deposit monies may be held uncashed pending the execution of this ?t -
19 Agreement. i
20 3. SELLER ASSIST(If.4pplicabiee (1-1fij�. >
21 Seiler will pay or %of Purchase Price(0 if not specified)to-ward-
22 Buyers..costs:as permitted by wiga�e lender, if any. Seller is only obligated to pay up to the amount or percenta=e which is
23 approved by mortgage lender.
2d 4. SET 7 LEi 'T AND POSSESSION(M 6j � 3'1 4� � ,
25 (A) Settlement Date is or before if Buyer.arad Seller agree..
26 (B) Settlement will occur in the county where the Pro erty is lo=tcd or in an adjacent county, during normal business hours,unless
27 Buyer and Seller agree atherMse.
26 (C) At:time of settlement, the following will be pro-rated on a daily basis between Buyer and.Seller, reimbursing where applicable:
29 current taxes (see Notice Regarding Real estate-Taxes): rents: interesst on mortgage assumptions, condorninitun fees and home-
owner association fees mater and/or sewer fens,together with any other!tenable municipal service firms.All charges will be pro-
31 rata!for the pen-od(s)covered.Seller will pay up to and including the date of settlement and Buyer will pa}for all clays folio k-
2 ing settlement.unless otherwise stated here;
34 (D) Conveyance from Seller will be by fee simple.deed of special warranty unless othcrc{rise stated here:
�s
36 (E) Payment of traasfertaxcs will be:divided equally;between:Buy&and Sellertmtess otherwise stated here:
37
8 (.F) Possession is to be delivered by deed.existing keys and physical possession to a vacant Property free of debris,with all structures
39 broom-clears,at day and time of settlement,unless Seller,before signing this Agreement,has identified in writing that the Property is
40 subje t to a lease.
41 (v^) if Seller has identified in 'writing that the Property is subject to a.lease,possession is to ba delivered by deed,existing-keys and
z2 assignment of existing leases for the Property,together with security deposits and interest,i.fany,at day and time ofsettlement.Szll5s'
43 will not enter into any new leases, nor extend existing,leases,for the Property without the written consent of Brayer.B yer ill
44 acknowledge existing leasc(s)by initialing thelease(s)at the execution ofthis Agreement,unless olh��•i.se stated in this Age t"
fi5 Tenant-Occupied Froperty Addendum(PA..R Form TOP.)is attached.
46 $: TI'ATES/I'IlriE IS OF THE ESSENCE(3-I0) � �r
47 (A) X�lritten acceptance of all parties will be on or.bcforc: June V40i 2013
48 (B) The Settlement Date and all other dates and times identified for the performance of any obligations of this Agreement.are-of the
49 essence'and are banding.
so (C) The Execution Date of this Agreement is the date when Buyer and Seller have indicated full acceptance of this Agreement by sign-
51 ing and/or initialing it. For purposes of this Agreement,the number of days will he counted from the Execution Date;excluding
52 the day this Agreement was executed and including the last day of the time period.All changes to this Agreement should be ini-
�'- tiialed and dater!.
sq (D) The Settlement Date is not extended by any.other provision of this Agreement and may only he extended by mutual written agree-
ss mcni of the parties.
56 (E) Certain terms and time periods are pre-printed in this Agreement as a convenience to the Buyer and Seller. All pre-printed terms
87 and time periods arc negotiable and may be changed by striking out the pre-printed text and ins. ring diffferent terms acceptable
58 to all parties.
5' 6. ZONING(1-10)
°o Failure of thi, Agreement to contain the zoning classific2tion (except in cases where the property {and each parcel thereof, if suts-
61 dividable) is aan4d solely or primarily to p=, it single-family dwellings)will render this Agre=ement voidable at Buyer's option,and, if
62 voided,any deposits tendered by the Buyer will be returned to the Buyer without any requirement for court action. r1
63 Zoping Classification: Residential
F4 Buyer I nifials' ASR P2ge 2 of I 1 Seller Initials: i tl
RtNised 1112
Fx garn Tnd by,T rateForrns` www..TrueForme_com 606.423-90'i2
E5 7. FIXTURFS.kND PERSONAL PROPERT.- (3-10)
ot (A) INCLUDED in this Sall_ are al) exis'Ling it.—ins p,-rmaj=t1Y installed in the propern —7ee of jims, and other hems including
67 plumbing: heating, radiator covers. lighting, fixtures (inclodins chandeliers and ceiling fans): pool and spa equ#n-1--ni (including
6B covers and cleaning equipment): electric animal fencing systems (excluding collars);garage door openers and transmitters; tcle-
vision antennas: unpotted shrubbery. plantings and trees; any remaining heating and cooking facts stored on the Prop--•y at the
�c - -fences; mmailbaxcs; wall to wall
time of settlement: sno'- dct=-tors and carbon monoxide detectors; sump.pumps; ;storage sheds,
71 ca--t -- window covering-hardwmrz, shades and blinds:
ina, cxisting window screens. storm window.- and screcri/storm door,,.
72 awnings:built-in air conditioners;built-in appliances:the rangeloven,unless otherwise slated,arid, if owned,water treatment sys-
73 tcms,propane tanks.saiallhe dishes and security-systems.Also included:
75 (B) The folimi-ing-items are LEASED(not owned by Seller).Contact the providerivendor for more information (e.g..,watt trcalme N,
r
76 d security 5ysterns):
propane tanks,satellite dishes acid
i>
7 (C) EXCLUDED fixtures and items:
76
79 S. MORTGAGE CON-rINGENCY(1-10)
80 1 WAIVED. This:sale is NOT contingent on mortgage financirg..although Buyer tain mortgage financing and/or the parties
.,h Bu'.V MaY Ob
may include an appmiszI contingency.
S2 ELECTED.
83 n--according to the following terns:
(A) This sale is contingent upon Buyer obtaining mortgage financing
64',First Mortgage on the Propem- Second?Mortgage on.Ise Property
as; Loan Amount S kit. 4 I b - 0 o Loan Amount S
85:Minimum Term 10 years Minimum Term years
87 Typ;of mortgage� Type of mortgage
88 Loans-To-Value(LTV)ratio: Loan-To-Value(Mr)ratio:
69 Furnon-,9iAA,A loans UV ratio norl o exceed % For non-FRAIVA loans I-W ratio.not to exceed %
FD!Mortgage lender POT,r--r Mortgage lender
91. F 4., —
92,Interes i r—at—c how ever,Buyer agrees to sceept the Interest rata agrees to accept the
howvvtr�Buyer a"
9-3, interest rate as m be committed bN-I h�el mortgage lender,not Interest rate as matey be committed by the mortgage lender, not
t -QY t. -
94, to exceed a maximum interest rate of I to exceed a maximum interest rate of
95 Discount points, loan origination, loan placcri-icat and other fees Discowit points, loan origination,'loan filar—en,crit and other fc�—
F-,charged by the lender as a percentage of the mortgage loan(cxclud- charged by the lender as a perdentagc of the mortgage loan(exclud-
ing any mon=e insurance prerruirins or VA funding re--) not to ing any mortgage insurarice premiums or VA funding fee) not to
Set exceed %(fl la if riot specified)Of the mortgage loan. exceed_*/o(10%if not qw—cffiod)ofthe mortga9z.loan.
29 (B) The interest ratc(s)and f4c(s)provisions in Paragraph &(A)are satisfied if the mortgage lender(s)gives Buyer the right to guar-
( too miet the interest rates)and f*s) at or below the maximum, levc1s state&if lender s)gives Buyer the right to lock in the inter
est rate(s), Buyer 411 do so at least 15 days before ScWcTn=t Date. Buyer gives Seller the right,at Seller's sole option and
=2-' -- contribute financially,-ofithout promise of reimbursement, to the Buyer andlor
102 as permitted by law and thernort- 2e lender(sl.to contri Ila
103 the mortgage Ictider(s)to make the above mortgage term(s)available-to Buyer,
104 (C) )Within days(7 if not specified)front the Execution Date ofthis Agreement,Buyer will rnPLT a completed,written mort-
I05 gage application (including payment for and ordering of appraisal and credit reports without delay, at the time required '6y
106 1 Paragraph $(A), if any, otherwise to a responsible
landm(s))for the mortgage terms and to the mortgage lender(s) identified in
IQJ mortgage I ender(s) of Buyer's choice.I Broker for Buyer, if any, otherwise Broker for Seller, is authorized.to communicate with
IDS the mortgage icider(s)to assist in the mortgage loan process.
109 (D) Buyer will he in default of this Agreement if Buyer furnishes false information to anyone concerning BUN-ers fin3incial
110 Emd/or employment status, fails to cooperate in good faith with processing the InOrtgcrag;10911 application (including delay
of the appraisal),fails to lock in interest rate(s)as stated in Paragraph S(B),or otherwise causes the lender to reject,refuse
142 to approve or issue a mortgage loan commismetit
t
113 (F) 1. 111 01 13 Upon receiving a mortgage commitment,Buyer will
%,lortgag ComInitment]Date* J"4
114 promptly deliver a-copy of the cointrutme:at(0 Seller.
115 2. If Seiler dots not receive a copy of the mortgage comrnhmmt?s)by the Morigage Commitment Date, Seller may tzmni.-nalc
116 this Agreement by written notice to Buyer. Seller's right to terminate continues until Buyer delivers a mortgage corritnit-mcm
-117 to Seiler.Until Sullcr terminates this Agr=mcrit,Buycris obligated to make a good-faith effort to obtain mortgage financing.
- tT1I
'18 3. Seller may terminate this -Aiinen notice to Buyer after the Mortgage Commitment Date if mortgagn, commi Cnt:
119 a. Does not satisfy the terms of Paragraph S(A),OR
120 b. Contains any condition not specified in this Agreement(e.g.,the Buyer must settle on another proponyt an appraisal must
121 be received by the lender,or the mortgage commitment is not valid through the Settlement Date)that is not satisfied t and!or
I
,22 removed in writing by the mortgage lendcr(s) within 7 DAYS after the Mortgage Commitment Date in Paragr
12:5 8(E)(1). or any extension thereof. other than those conditions that are CUSIc,1111arily Satisfied at or near settlement (e.g.,
124 ohiainina insurance,confirming employment).
125 4. If this Aggrieemcni is terminated pursuant to Paragraphs 8(E)(2)or(3),or the rnorigage loan(s)is not obtained for Settlement,
126 all dePosit monies will be retuned to Buyer according to the'terms of Paragraph 2- and this Agreement will be VOID.Buyer
127 will be responsible for any costs incurred by Buyer for any inspections or c-c--tifications obtained according to the terms of
128 this Agri meat, and any costs inched by Buyer for-,(1)Tit-le search, title insurance andlor mechanics'lien insurance, or any
122 f&-- for cancellation-(2) Flood insurance, fire insurance, Hai d insurance, mine subsidence insurance, o any fee for cancel-
i30 lation;(3)Appraisal fee--,and charges paid in advance to mortgage lender(s).
1$1 Bux•er Initisis. 60 ASR Page 3 of I I ScIler loitiels:
2 Revised 1/12
F-�va—wby.Tru e F 0 raS- wwwJrueformw.�wn 8004-S-S51
insurance required by the movaa2e lender(s), requires
rer prov
32 (F) IF the -mort2age lender(s). or a prol)eriv and casualty insm
133 1"INJI'S to the Property.Buyer wi 11, upon receiving the requirements, deliver a copy of the requirements to Seller. Within 5
DAYS of receiving the copy of requirements. Seller will notify Buyer whether Seller will nnakt the required repairs at Sellei S
expense.
136 1. if Seller makes the required repairs to the sarisfaction of the mortgage tender and/or insurer. Buyer accepts the Property and
137 agrees to the RELEASE in Paragraph 2-5 of this Agreement.
138 if Seller will not make the required repairs, or if Seller fails to respond -,vithin the stated time, BLI�Cr 1ai1L N�,ithiri 5
139 DAYS.notj'A,Seller of Buyer's choice to:
140 a. Make therepairslirnproventents at l3uyers expense, with permission and access, to the Property given by Seller. which
will not be unreasonably ,kithheld.OR
142
- 0, Terminate this Agreement by written notice to Seller, with all deposit monies re-turned to Buyer according to the terms of
143 Paragraph 23 ofthis Agreement.
1414 11*Buyer fails to respond within the tinie stated in Paragraph 8(17)(2)or fails to terminate this Agreement by written notice
I of this Agreement.
t45
to Seller within that time,Buyer will accept the Property and agree to the RELEASE in Paragraph 25
146
FH-AJN,A,IF APPLICABLE
147 (G) It is expressly agreed that no tW any other provisions ofthis contract,Buyer Zvi 11 not be obligated to complete the purchase
iffistan�d Na
148 of the Property described herein or it),ikicur any penalty by forfeiture of earnest money deposits or otherwise unless Buyer I
149 has been ziveri, in accordance with HI-FD,tH.A or VA requirement %71tten statenlent by the Federal Housing Commissioner_
150 Veterans Administration, or a Direct: Enclorstmerif Lender settio lul requirements;
the appraised value of the Property of not less than
151 S 10
(the PurcNse Price as sta/in is Bement). Buyer will have the privilege and option of
s
ut regard o i a i t of the appraised valuation. The appraised valuation
152 proceeding with consurrimaliori of the contract wit,
153
is arrived at to determine the maxiinurn mortgage 0'eDepa-tmen o o -ing and.Urban Development will insure—HUD does
1154 not warrant the value nor the condition. of the_I�rqperty\J_3uyer oulodsa' sly himself/herself that the price and condition of the
155
Property are acceptable.
156 I NVarnina: Section 1010 of Title 18, U.S.C., Departme_�I� of Housing and Urban Development and Federal Housing
157 Administration Transactions. provides.`'Whoever for the purpos .of . .'influencing in any way the action of.sucli Department,
158 makes, passes, utters or publishes any Statement- knowing the ,I be false shall be fined under this title or imprisoned not
159 more than two.years,or botb.'� g Same�o
(H) U.S. Department of Housing and Urban Development (HUD) NO CE TO PURCHASERS-. Buyer's Aeknowledoement
151 i 3 -
Buyer has received the HUD Notice "For Your Protection: Gel a -flo Inspection Buyer uniderstands The importance of
!np this,�,irio i - stands that
162 -ettiniz an independent home inspection and has thought about this be Agreement. Buyer under.,
163
�HA will.riot perform.a home inspection nor guarantee the price or-condition of\tc
64 this I Certification We the undersigned, Seller(s) and Buyer(s) party to this trarisact:X-n each certify that the terms of is contract
165
for purchase are true to the best of our knowledge and.,belief, and that any other lincement entered into by any of these parties
166 in connection with this,transaction is attached tot.his Ageement.
167 9. CH.kNGE IN BTAER'S FINANCIAL STATUS(3-11)
168 In the event of a change in BuyeCs financial status affecting Buyer's 'ability to purchase. Buyer shall promptly notify Seller and
169 lender(s) to whom the Buyer submitted mortgage application,z� 4� if any. A charge in financial status includes,but is not limited to, loss
170 or a change in employment, failure or loss of sale of Buyer's home-. Buyer's having incurred a new finanoial obligation: entry of a
171 judgment against Buyer. Buyer ninderstands that applying for and/or incurring an additional financial, obligation niay affect
172 Buyer's ability to purthase.
173 10.-SELLER RFPRESENTATIONS(1-10)
174 (A) Radon Testing and Remediation(See Notice Regarding Radon)
175 Seller has no knowledge about the presence or absence ofradon unless checked below:
176 1. Seller has knowledge that the Property was tested on the dates and by the methods (e.g. charcoal canister, -alpha track,
1.77 etc.).which produced the results indicated below:
178 Date Type of Test Results(picoCuries/liter or working levels) Name ofTesting Service
IT9
180
181 2. Seller has know1ccleethat the Property had radon removal system(s)installed as indicated below:
182 Date Installed Type of System Provider
183
184
185 Copies of all available test reports will be delivered to Buyer with this Agreement.Seller does not warrant the meth-
186 ods or the.results of radon tests.
187 (13) Status ofWater
188 Seller represents that the Property is served by:
189 lyPublicAiater DConiniunit_t Water El On-site Water LjNonc E]
12.0 (C) Status of Se-wer
191 Seller represent;that the property is served by:
' <Public Sewer Community Sewage Disposal System 1 Ten-Acre llerinii Exemption(see Selkirage Notice 21,
193 "otice 3)
Individual On-loi Sewage Disposal System(see Sewage Notice 1) Lj Holdina Tank(see Sewagel\
194 Individual On-lot Sewage System in Proximity
to Well(see Sep axle Notice I:see SewageNotice4,ifapplicahle)
195
`one(see Sewage Notice J) .!None Available!Permit L.irnitations in Effect(see Sewage Notice 5)
196
P%.
197 Buyer Initials: ASR raze 4 of I I Seller Initials:x I
Revised 1/12
Form otensrzted by:True Forms'" www.TrueForms.aom 800-499-9E12
(D) Historic Presen-ation
,99 Seller is not aware or historic I)res,ervation restrictions re,_,arding the Property unless ollienvise stated here:
200
-d 7 Land
201 (E) Propertv. or -a portion of it, is preferentially= assessed for tax purposes under the foil owim-, Aci(s) (see Notices Reem ing
202 Use Restrictions): - 5490.1 et seq.)
2D3 Farmland, and Forest Land Assessment A:Act(Clean and Green Pro,,ram:.act 319 of I Q74-1 72- P.S.
204 1.-JOpen Space Act(Act 442 of 1967;32 P.S. §5001 et seq.)
205
Agricultural Area Security Law(Act '13 of 1981:3 P.S. §901 et seq.)
206 i Other
207 (F) Seller represents that.as of the date.Seller sinned this Agreement,no public improvement,condominium or homeowner association
208 assessments have been made against the Property which remain unpaid, and that no notice by any government OF Public
209 authority has been served upon Seller or anyone on Seller's behalf. including notices relating to violations of zoning_ housim,.
210 building safety or fire ordinances that remain uncorrected.and that Seller knows of no condition that would constitute a violation
211 of any such ordinances that remain uncorrected-unless otherwise specified here:
212
213 (G) Seller knows of no other potential notices(including violations)and/or assessments except as follows:
214
215 (14) Access to a public road may require issuance ofla highway occupancy pen-nit from the Department ofTransportation.
216 1 L WAIVER 09 C0.1N*TINGE NCIES(9-05)
217 if this Agreement is contingent on Buver's ri-lit to inspect and/or repair the Property,.,or to verify insurability=, environmental
218 1 conditions, boundaries, certifications, zoning classification or use, or any other inforimatiou regarding the Property, Buyer's
219 failure to exercise any of Buyer's options within the times set forth in this Agreement is a. XVAl'VLR of that contingency and
220 Buyer accepts the Property and agrees to the RELEASE in Paragraph 25 of this Agreement.
221 12.UqSPECTIONS(1-10)(See Notices Regarding Property and Environmental Inspe c t i o ns)
222 Rights and Responsibilities
223 1. Seller will provide access to insurers'representatives and,as may be required by this Agreement or by mortgage lender(s).to
224 inspectors.All part
veyors municipal officials-appraisers and in ies and their real estate licensee(s)may attend any inspections.
225 1. Buyer may make a pre-settlement-walk-through inspection of the Property. Buyer's right to this inspection is not ,vaived by
226 any other provision of tbis Agreement.
227 1 Seller wilt have beating and all utilities(Inclu ding.fnel(s))on for all inspectiions/�ppraisals.
228 4. All inspectors,including home inspectors,areauthorized by Buyerto provide a copyofany frispection'Report to Brokerfor Buyer.
229 5. Seller has the right,upon request,to receive a free copy of an inspection Report from the party for whom it was prepared.
230 (B) Buyer waives or elects at Buyer's expense to have the following Inspections, certifications:,and, investigations {referred to as
231 ".Inspection-" or "Inspection,,;tl)performed by professional contractors, home inspectors, eng-ilicers, architects and other properly
-232 licensed or other-wise qualified professionals.Iftbe same inspector is inspecting more than one system.the inspector must comply
233 with the Home Inspection Law.
(See Notice Regarding the Home Inspection Law)
234 (C) For elected Inspection(s),Buyer will.within the Contingency Period(s)stated in Paragraph 13(A),complete Inspections,obtain any
235 Inspection Reports or results(referred to as"Repoil"or`'Reports'').and accept the Property,terminate this Agreement.or submit a
236 Written Czrrcctive Proposals)to Seller,according to the terms of"Paragraph'I 3(B).
237 Home/Property Inspections and Environmental.Hazards(mold,etc.)
238, lscted Buyer may conduct an inspection of the Propert' I s structural components:roof. cKterior-,vindo-ws and exterior Waived
y
239 doors:exterior siding.Exterior Insulation and Finish Systems,fascia.,gutters and doNviispouts;sAvimming pools,hot
240 tubs and spas:appil i ances,electrical systems;interior and 6xteriorplumbin public-sever systems;hearing and cool-
241 in systems-water penetration; electromagnetic fields-wetlands and flood plain delineation:structure square
242 footage;mold and other environmental hazards(e,a,,fungi_indoor air quality,asbestos.underground storage tanks,
243 etc.);and any other items Buyer may select.If Buyer elects to have a home inspection of the Property..as defined in
244 'the Home Inspection Law,the home inspection must lie performed by a full member in good standing ofa national
245 home inspection association,or a person supervised by a full member of a national home inspection association..in
246 accordance with the ethical standards and code of conduct or practice of that-association,or by a properly licensed
247 or registered ercd en
grineer or architect.(See Notice Regarding the Home Inspection LaAv)
248 Wood lnfestation
249 4�ctcd Buyer may obtain a written"Wood-Destroying Insect Infestation Inspection Report"from an inspector certified as Waived.
250 a wood-destroying pests pesticide applicator and%vi 11 deliver it and all supporting document's and drawings provid-
251 ed by the inspector to Seller.The Report is to be made satisfactory to and in compliance with applicable rnort-
252 gage lender requirements,and/or Federal Insuring and Guaranteeing A-encv-requirements.The Inspection is to be
k2 - - -_ -
253 limited to all readily-visible and.accessible areas of all structures on the PropeM.except fences,.If the Inspection
254 reveal-,active infestation(s),Buyer.at Buyer's Expense,may obtain a Proposal from a ,vood-destroying pests pes-
255 ticide applicator to treat the Property.Ifthe Inspection reveals damage from active or previousinfestation(s),Buyer
256 may obtain a wrinen Deport fi•orn a professional contractor.,home inspector or structural engineer that is limited to
257 structural darnage to the Property caused by wood-cicstrov.ing orgranistris and a Proposal to.,repair the Property.
25a Water Service
259 Elected Buyer may obtain an Inspection ofthe quality and quantity of the water system frorna properly licensed or otherwise �):4,hecl
260 qualified-waienhvell testing company-Ifand as required by the inspection corripany,Seller,at Seller's expense.will
261 locate and provide access to the on-,site(or individual)water system.Seller will restore.the Property to its previous
dition.at Seller's expense. prior to settlernent.
263 /lover Initials: ASR Pa2e 5 of I I Seller Initials: X
Revised 1,112
Form aenemred by.True Forms" www.TrueForms.com 8100-499_'9512
264 Radon
265 ed
Elpaed Buyer may-obtain a radon test of the Property` from a certified inspector. The U.S.Environmental Protection Waiv
166 than
:agency (EPA)advises correcliNe action i average annual exposui,-to radon is equal to of-higher 0.02
2c-' -orking levels or 4 picoCuries."liter(4pCiIL),
29P On-lot Sewage(If Applicable)
26" Elected Buyer may obtain an Inspection of the individual frcim aqualified,professional, NVaiyed
270 inspector.if and as required by the inspection company.Seller.at Seller's expense.,t vill locate.provide access tot
27 1 and empty the individual on-lot sewage disposal system. Seller will restore the Propilyto its previous condition.
272 at Seller's expense.prior to sealernent.See paragraph 13(C)for more information regarding,the Individual On-lot
2T3 SewaLe Inspection Contingency,
274 Property Insurance
275 Elected Buyer may-determine the insurability of the Property by making application for propevy and casualty insurance for Waived
278 the Property to a responsible insurer.Broker for Buyer.if any,otherwise Broker for Seller,may communicate with
277 the insurer to assist in the insurance process.If the-Property is located in a flood plain, Buyer may be required to
278 carry flood insurance at Buyer's expense,-,vhich may need to be ordered 1.4 days or more prior to Settlement Date.
279
Property Boundaries
280 Elected Buver may endage the services of a surve-y-or..title abwactor,or other qualified professional to assess the legal Waived
281
description,certainty and location ofboundaries andJor quanturn of land.Most Sellers'have trot had the Property
282 surveyed,as it is not a requirement of property transfer in Pennsylvania.Any fences.hedges,walls and other natural
283 or constructed barriers may or may not represent the true boundary lines ofthe Property.Any numerical represen-
264 tatioris of size of property are approximations only and inay be inaccurate.
285 Deeds,Restrictions and Zoning
286 Elected Buyer may investigate.easements,deed and use restrictions(including any historic presen.,ation restrictions or ordi- Waived
287 nances)that apply to the Property and revickv local zoning ordinances,Buyer may verify that the present-use of the
288 Property (such as in-law quarters, apartments, home office, day care)is perimitted and may elect to make the
289 Agreement U
296 greernent contingent upon an anticipated use.Present se:
Lead-1lased Paint Hazards(For Properties prior to 1978 only)
291 Elected Be.foreBuyer is ciblinted topurchase a residential dwelling built prior to 1978,Buyerbasihe ortion to conduct a NY red
292 t ri,;kas§essmentandioriiispection afthe Propefty for the presence oficad-mbasedpaint andiforlead-based paint liaz
293 'ardi unless Buyer waives thatright.Regardless of whether this inspection is elected or waived,the Residential
.294 Lead-Based Paint Hazard Reduction Act requires a Seller otproperty built prior to 1978 to pro-vide the
295 Btiverwith an EPA-approved lead hazards information pamphlet titled Protect Your Family front Lead in
296 Your Rome,along with a separate form,attached,to this Agreement,disclosim-,Seller's Imowledge'of lead-
297 based paint hazards and any lead-based paint records regarding;tile Property. (See Notices Regarding
298 Residential Lead Based Paint Hazard Reduction Act)
Other.
300 Elected Waived
301
302
303 The Inspections elected above do not apply to the following existing conditions and/or items:
304
305
306 13. INSPECTION CONTI[NGE,NCY 0-10)
307 (A) The Contingency Period is days no if not specified)from the Execution Date of this Agireernent for each Inspection elected
308 in Paragraph 12(,C),except the following:
wg Inkpection(s) Contingency Period
310
days
311
days
112 days
313 clays
314 (B) Except as stated in Paragraph 13(C), if the result of any Inspection elected in Paragraph 12(C) is unsatisfactory to Buyer, Buyer
315
%vill.within the stated Contingency Period;
l
3ie
. 1. Accept the Properivwith the inforimation stated in theReport(s)land agrecto lbe- aRELEASE in ParParagraph 25 ofthis A-greem.ent..OR
317 Terminate this Agreement by ivritten notice to Seller, with all deposit monies returned to Buyer according to the terms of
31.8 Para,--raph 23 cifthis.Agre"Ment,OR
3'19
3
Present the Report(s)to Sellerwith aV,"ritten Corrective Proposal("Proposal")listing corrections andforcredits desired by Buyer.
320 The Proposal may,but is not required to.include the name(s)of properly licensed or qualified Professional(s)to perform the cor-
321 Rections requested in the Proposal,provisions for payment,including retests,and a projected date for completion of the.correc-
322 AIMS.Buyer agrees that Seller will not be held liable for corrections that do not comply,,with mortgage tender or governmental
323
requirements iTperformed in a workmanlike manner according to the terms of Buyer's Proposal,
324 a, No later than-days(5 ifnot specified) from the end of the Contingency Period(s).Seller xvill inform Buyer in
writ-
325 ins!that Seller will:
326 (1) Satisfy all the terms of Buyer's Proposal(,,).OR
327 ('2) Not satisfy all the terms of'Buyer's Proposal(s)
328
3 b. If Seller agrees to satisfy the terms, of Buyer','; Proposal, Buyer accepts the Property and agrees to the RELEASE ill
329
Paragraph 25 ofthis Agreement.
�rrins of Buver's
c. Within days(2 if not specified)of the receipt ofxvritten notification that Seller will not sali/ u t
331 Buyer Initials: ASR Pane 6 of 13 Seller Initials:
Revised 1/12
Form qenerate--_o Lv.TrileForms" ww v,TrucForms,com 8800-499.9512
Proposal. or the time stated in paragraph 1^,(13)('
332 )(a) if Seller fails to choose either option in writing. whiChCV.—C OCCUrs
333 first.Buver will:
(1)Accept the Property with the information stated in the Report(s) and aaree to the RELEASE in Param-aph 25 of this
335 ALreernent.OR
336 (2)Terminate this Agreement by \-written notice to Seller. with all deposit monies returned to Buyer according to the terms of
Paragraph 23 3 of this Agreement-OR
338 (3) Enter into aa mutually acceptable VTiliteri agreement with Seller. providing for any repair., or improvements to tile
339 Property and/or any credit to Buyer at settlement,as acceptable to the mortgage lender-i f any.
340 If Buyer fails to respond within the time stated in Paragraph 13(13)(3)(c) or fails to terminate this -k-reement by
341 written notice to Seller within that time, Buyer will accept the Property and agree to the RELEASE in Paragrapb
342 '15 of this Agreement.
343 (C) If a Report reveals the need to expand or replace the existing individual on-lot sewage disposal system. Seller may, ,vithin
344 days(25 if not specified)of receiving the Report,submit a Proposal to Buyer.The Proposal will include,but not be limited to. the
345 name of the company to perform the expansion or replacement.. provisions for payment, including retests': and a projected corn-
346 pletion date for corrective measures.Within 5 DAYS of receiving Seller's Proposal.or if no Proposal is provided within the
347 stated time.Buyer will notify Seller in writing of Buyer's choice to:
348 1. Agree to the terms of the Proposal, accept the Property and agree to the RELEASE in Paragraph 25 of this Agreement,OR
349 2. Terminate this Agreement by Written notice to Seller. with all deposit monies returned to Buyer according to the terms of
3550 Paragraph 23 of this Agreement,OR
351 3. Accept the Property and the existing system and agree to the RELEASE in Paragraph 25 of this Agreement.If required b any
�y c
352 -
mortgage lender andlor any governmental authority,Buyer xvill correct the defects before settlement or within the time required
353 by the mortgage lender andlor governmental authority.at Buyer's sole expense,-with permission and access to the Property given
354 by Seller,which may riot be unreasonably witlilteld.If Seller denies Buyer permission and/or access to correct the defects,Buyer
-3 returned
may,within .5 DAYS of Seller's denial.'lerminate fWs Agreement by written notice to Seller,with all deposit monies
to Buyer according to the terms of Paragraph 23 of this Agreement.
357 If Buyer fails to respond within the time stated in Paragraph.13(C)Or fails to terminate this Agreement by written notice
356 to Seller within that time,Buvier will accept the Property and agree to the RELEASE in Paragraph 25 of this Agreement.
359 14.NOTICES,ASSESSMENTS AND lNTINICIPAL REQUIRENMENTS(1 1.0)
360 (A) In the event any notice,-,, including no violations- and/or assessments are received after Seller has signed this Agreement and before
361 -settlement,Seller will within 5 DAYS of receiving the notices and/or assessments provide a copy of-the notices And/or assess-
362 menu to Buyer andwill notify Buyer in writing that Seller will:
Fully comply with the notices and/or assessments, at Seller's expense, before settlement. If Seller fully complies with the
364 notices and/or assessments.Buyer accepts the Property and agrees to the RELEASE in Paragraph 25 of this Agreement,OR
365 2, Not comply with the notices:andlor assessments;If Seller chooses,not to comply witbithe notices and;or assessments. or fails
'366 wit bin bin the stated time to,notify tuverwhether Seller will com ply-,Buyer.%vill notify Seller in Urriting within 5 DAYS
367 that Buyer will-
368 a, Comply with the notices and/or assessments at Buyer's expense, accept the Property, and agree to the RELEASE in
369 Paragraph 25 of this Agreement,.OR
370 b. Terminate this Agreement b written notice to Seller,with.all deposit monies returned to Buver according to the terms of
'y
371 Paragraph 23 of this Agreement.
372 If Buyer fails to respond within the time stated in Paragraph 13(.x.)(7)or fails to terminate this Airreement by written notice
373 to Seller
within that time,Buyet will accept the Propem and agree to the RE-LEASE in Paragraph 25 of this Agreement-
374 (B) If required by law.within 30 DAYS from the Execution Date of this A--rement,but in-no case later than 15 PAYS.pkiorto
375 Settlement Date.Seller will order at Seller's expense a certification from the Appropriate municipal department(s)disclosing notice
376 of ariy uncorrected violation,;of zolung,liousing building safety or fire ordinances and/or a certificate permitting occupancy crifthe
377 Property.IfBuyer receives anotice of any required repairs/improvements,Buyer.will promptly deliver-a copy ofthenotice to Seller.
378 1. Within 5 DAYS of receiving notice from the municipality that repairs/improvements are required, Seller "will deliver a
379 copy of the notice to Buyer-and notify Buyer in xuitin.-that Seller will:,
390 a. Make the required repairs/improvements to the satisfaction of the municipality. If Seller makes the required
381, repairs/improvements,Buyer accepts the Property and agrees to the RELEASE in Paragraph 25 ofthis Agreement4.OR
392 b. Not make the required repairs/improvements.If Seller chooses not to make the required repairs/irnpro-ve.ments., Buyer will
383 notify Seller in writing within 5 DAYS that Buyer will:
384 (1) ll4ake the repairs/improvements atBuNer'sexpeiise,«,ithpermission and access tothe.Property given by Seller.~which
385 will'tiot lie unreasonably withheld.OR
386 J2) Terininate this Agreement by written notice to Seller,with all deposit monies returned to Buyer according to the terms
387 of Paraeraph 23 of this Agreement.
ass If Borer fails to respond within the time stated in Paragraph 14(B)(.1)(b) or fails to terminate this Agreement by
359 written notice to Seller.within that time, Buyer will accept the Property and agree to the RELEASE in Paraffraph
390 15 of this Agreement, and Buyer accepts the responsibility, to perform the repairs/improvements accarding, to the
391 terms of the notice provided by the municipality.
392 2, If Seller denies Buyer permission to make the required repairs improvements, or does not provide Buyer access before
393 Settiement'Daie to make the required repairs/improvements, Buyer may, within 5 DAYS,terminate this Agreement by
394 written notice to Seller.with all deposit monies returned to Buyer according to the terms of Paragraph 23 ofthisAgreement.
391_ IfTepairs/improvements are required and Seller fails to provide a copy of the notice to Buyer as required in this Paragraph.Seller
396 will perforni all repairsiiinprovements as required by the notice at Seller's expense.Paragraph 14(B)(3)will su3,-ive settlement.
lk
327 Buyer Initials: v ASR Page 7 of I I Seller Initials:
Revised 1/12
Form oenerateo'_-y:TilleForms www.TrueForms.com 800-499-9,312
-IONS) RE,SALE NOTICE(1-10)
'98 15
CONDOINMINJUMIPLANNED COMMUNITY(HOINTEONVINER ASSOCIA1
399 Property is NOT a Condominium or pa_d of a Planned Community unless checked below.
400
CONTDOITAINJUM,The Property is a unit of a condominium that is ni
'primarily run by a unit owners'association.Section 3,407 ofthe
401 Uniform Condominium Act of Perimylvania(see Notice Regarding Condominiums and Planned Communities)requires Seller'o
402 furnish Buyer with a Certificate of Resale and copies of the condominium declaration (other than plats and plans). the bylaws and
4103 the rules and rC21.11ations of the association.
40-1 PLANNED COMN41,11NITY (HDiTEDIVINER ASSOCIATION). The Property is part of a planned community as defined by the
405 Uniform Planned Community Act (see Notice Regarding Condominiums and Planned Communities). Section 5407(a) of the Act
406 require,,,Seller to furnish Buyer with a copy of the Declaration (other than plats and plans).the bylaws. the rules and replations
407 of the association.and a Certificate containing the provisions set forth in section 5407(a)of the Act.
408 THE FOLLONAING APPLIES TO PROP'.ERTIES THAT ARE PART OF A CONDOMINIUM OR A PLANNED COMMUNITY.
409 (A) Within 15 DAYS from the Execution Date of this Agreement,Seller,at Seller's eNperise,will request from the association a
41.0 Certificate of Resale and any other- documents necessary to enable.* Seller to comply with the relevant Act. The Act provides that
411 the association is required to providethese documents within 10 days of Seller's request.
412 (B) Seller will promptly deliver to Buyer all documents received from the association.Under the Act. Seller is not liable to Buyer for
413 the failure of the association to provide the Certificate in a time]\,manner or for any incorrect information provided by the association
414 in the Certificate.
415 Q The Act provides that Buyer may declare this Agreement N701D at any time before Buyer receives the association documents and
416 for i days after receipt. OR until settlement, whichever occurs first. Buyer's notice to Seller must be in writing; upon Buyer
417 declaring this Agreement void, all deposit monies will be returned to Buyer according to the terms of Paragraph 23 of this
418* Aorreem;nl.
419 (D) If the association has the right to buy the Property(right of first refusal).and the association exercises that right_Seller will reimburse
420 Buyer for any costs incurred by Buyer for any inspections or certifications obtained according to the terms of the Agreement.
421 and any costs incurred by Buyer for. (1)Title search, title insurance and/or mechanics' lien insurance or.any'ree for cancellation.
422
(2)Flood insurance, fire insurance,hazard insurance, mine subsidence insurance, or any.fee for cancellation; (33) Appraisal fees
423 and charges paid in advance to mortgage lender,
424 16;TITLES,,SLRVEYS-AND COSTS(?"-12)
4-5 (A) The Propeity will be conveyed with good and marketable e title that is insurable by arepLitable title insurance conripany at the regular
426 rates, free and clear,of f all liens, encumbrances, and casements, excepting Mwever the following:existing deed restrictions:
427 historic preservation restriction: or ordinances;building restrictions; ordinances-, easernents of roads, easements visible upon the
428 ground:easements Of TeCOrct and privileges or rights-of public service companies,if any.
429 (B) Buyer will pay for the folloWing: (1) Title:search, title.insurance and/or mechanics' lien insurance, or any fee for cancellation;
430
(2) Flood insurance, fire insurance,hazard insurance.,mine subsidence insurance, or any fee for cancellation:.(3)Appraisal fees
431 and charges paid in advance to mortgage lender(4)Buyers custornary settlement costs and accruals.
432 (C) 'Any survey or surveys required by the title insurance company or the abstracting company I for preparing an adequate legal
433 descript cin of the Property(or the correction thereof) will be obtained and paid for by Sellen Any survey or surveys desired by
434 Buyer or required by the mortgage tender will be obtained and paid for by Buyer.
DV
435 (D) If Seller is unable to give good and rn.arketable title that is insurable by a reputable title insurance company at the regular rates,as
436
- specified in Paragraph 16(A),Ruver imay terminate this Agreement by written notice to Seller,with all deposit mortics returned to
437 Buyer according.to the terms of Paragraph 23 of tlus.Agreement Upon termination. Seller will reimburse Buyer for any costs
438 incurred by Buyer for an-y Inspections or certifications obtained accordin u to the terms of this Aureement,and for those items spec-
439 irl ed in Paragraph 16(B)items(1),(2),(3)and in Paragraph I 6(C).
44G (E) Oil, gas, mineral, or other rights of tlu. s Property may have been previously conveyed.or leased, and Sellers make no representa-
441 tion about the status of those rights unless indicated elsewhere in this Agreement.
442 ID Oil,Gas andMineral Rights Addendum(PAR Form OGM)is.attacbed.
443 (F) COAL NOTICE(Where Applicable)
444 THIS DOCUMENT MAY NOT SELI-CONVEY,TRANSFER,INCLUDE OR INSURE TITE TITLE TO THE COAL AND RIGHTS OF SUPPORT UNT)ERNr7ATH
A
THE SURFACE I.AN1DDVSC12]I3ED OR REF ERRED TUITEREIN.AND THE OWNER OR OWNTERS OF SUCH COAL MAY HAVETHE C'OXl'LE 7E-LEGAL
446 RIGHT TO REMOVE ALL SUCH COAL AND INTHAT CONNECTION.DAMAGE-MAY RESULT TO THE SURFACE OF TliE LAND AND ANY]IOUSE.
447 BUILDING OR OTHER STRUCTURE ON OR IN SUCH LAND.(This notice is set forth in the manner provided in Section I of the Art of
448 July 17, 1957, P.L. 984.) "Buyer acknowledges that he may not 'be obtaining the right of protection against Subsidence resulting.
449
from coal mining operations, and that the property described.hercin may be proicered from damage due to mine subsidence by a
450 private contract with the owners of the economic interests in the coal. This ack-nowledl-ement is made for the purpose of complying,
451 with the provisions of Section 14 of the Biturninous Mine Subsidence and the Land Conservation Act of April 27, 1966,'
452 Buyer agrees to sign the deed from Seller which deed will contain the aforesaidpro-vision.
453 (G) The Property is not a,"recreational,cabin"as defined in the Pennsylvania Construction Code Oct unless otherwise stated here'(see
454 Notice Reclardina Recreational Cabins):
455 (H) This property is not subject to a Private Transfer Fee Obligation unless otherwise stated here(see Notice Regarding Private Transfer
456 Fees):
457 Private Transfer Fee Addendum (PAR form PTF)is attached.
1155 17.MAINTENANCE ANTS RISK OF LOSS (1-10)
459 (A) Seller will maintain the Property,grounds.fixtures and personal property specifically listed in this Agreement in its present condition. .
460 normal Nvear and tear excepted.
461 (B) If any system or appliance included in the sale of Property fails before settlement,Seller will:
462 1 Repair or replace the failed system or appliance before settlement,OR
,163 1
Provide prompt written notice to Buyer of Seller's decision to:
464 a. Credit Buyer at settlement for the fair market value of the:ailed sysieni or appliance.as acceptable To the mortgage lender.
465 if any,OR
466 Buyer Initials: ASR Pnoc 8 of II Seller Initials:
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467 h. Not repair or replace the failed system or appliance. and not credit Buyer at settlement for the fair market value of the
408 iled system or appliance.
469 3. if Seller does not repair or replace the failed system or appliance or agree to credit Buyer for its fair market value, or if Seller
470 fails to notify Bayer of Seller's choice, Buyer will notify Seller in -,vriting tivithin > DAYS or before Settlement Dale.
471 whichever is earlier.that Buyer will:
47') a. 'Accept the Property and agree to the RELEASE in Paragraph 25 of this Agreement,OR
473 b. Terminate this Agreement by w=ritten notice to Seller. with all deposit monies returned to Bu-yer according to the tetins Of
474 Para`=raph 23 of this A_=rectnent.
415 If Buyer fails to respond within the time stated in Paragraph 17(1;)(3) or'fails to terminate this Agreement by vvrirten
476 notice to Seiler within that time, Buyer vvill accept the Property and agree to the RELEASE in Paragraph 25 of this
477 Agreement.
415 (C) Seller bears the risk of loss from fire or other casualties until settlement. If any property, included in this sale is destroyed and not
479 replaced prior to settlement.Buyer w=ill:
480 1. Accept the.Property in its then current condition together with the.proceeds of any insurance recovery obtainable by Seller,OR
451 ?. '.Germinate this Agreement by written notice to Seller, with a1] deposit monies returned to Buyer according to the teens of -
462 Par aUraph 23.of this Agreement.
453 IS.HOME'W-ARRkNITIES (1-10)
484 At or before settlement,either parry may purchase a home warranty for the Property=from a third-party vendor.Buyer and Seller understand
455 that a home warranty for the Property does not alter any disclosure requirements of Seller, will not cover or w'atramt.any preexisting
456 defects of the Property; and will not. alter, waive or extend any provisions of this Agreement regarding inspections or certifications
457 . that Buyer has elected or waived as 'part of this Ageement. Buyer and Seller understand that a broker who recommends a home
485 warranty may have a business relationship with the.home warranty company that provides a financial benefit to the broker.
489 19.RECORDING(9-05)
490 This Agreement will not be recorded in the,Office of the Recorder of Deeds or in any other office or place of public record. if Bttyer
401 causes or permits this Agreement to he recorded,Seller.may elect to treat such act as a default of this Agreement.
492 20.ASSIGNMENT(1-10.)
493 This Agreement is binding upon the parties,tbeir.heirs.personal representatives,guardians and successors:and to the extent assignable.
494 on the assigns of the parties hereto. Buyer will not transfer or assign this Agreement without the written consent of Seller unless
46-5 otherwise stated in this.Agreement.Assignment of this Agreement may result in additional'transfer taxes.
496 21.GOVERN-UqG LAW,VENUE AND:PERSOi\'AL JURISDICTION(9-05,)
497 (.A) The validity and construction of this Am•eement, and the rights and duties.of the parties;will be:governed in accordance.with the
49a laws of the Commonwealth of Pennsylvania.
499 (B) The parties agree that any dispute, controversy or claim arising under or in connection with this Agreement or its performance by
500 either party submitted to a court sbali be filed exclusively by and in the state or federal courts sitting in the Commonwealth of
501 Pennsylvania.
502 22,REPRESENTATIONS(1-10)
503. (A) All representations, claims: advertising, promotional activities, brochures or plans of any kind made by Seller. Brokers; their
504 licensees ean.ployees, officers or partners are not a part of this Agreement unless expressly irncorporated or stated in this
505 Agreement. This Agreement contains the whole agreemerit between Seller and Buyer, and there are no other terms, obligations,
506 covenants, representations, statements or conditions, oral or otherw=ise, of any kind whatsoever concerning this sale. This
507 Agreement will not be altered,amended,,changed or modified except in writing executed by the.pariies.
508 (B) Unless otherwise stated in this Agreement,Buyer has inspected the Property(including fixtures and ant°personal property
509 specifically listed herein) before signing this .Agreement or has waived the right to do so, and agrees to purchase the
510 Property I IN ITS PRES.E1tiT CONDITION,subject to inspection contingencies elected in this Agreement.fluyer a.cknowled;es
511 that Brokers,their licensees,employees,officers or partners have not made an independent examination or.determination
512 of the structural, soundness of the Property, the age or condition of the components, environmental conditions,
-513 the permitted uses,nor of conditions existing in the locale where the Property is situated;nor have they made a mechanical
514 inspection of any of the systems contained.therein.
515 . .(C) Any repairs required by this Agreement will be completed in a wvork.manlike manner,
516 (D) Brokcr(s)have provided ormay provide services to assist unrepresented parties in complying with this Agreement.
II
517 23.DEFAULT,TER NATION AND RETURIN OF DEPOSITS (1-10) -
515 (A) there Buyer terminates this Agreement pursuant to any right c,ranted by this Agreement, Buyer will be entitled to a return of
519 all deposit monies paid on account of Purchase Price pursuant to the terms of Paragraph 23(B), and this .Agreement will be
520 VO D. Termination of this Agreement may occur for other reasons giving rise to claims by Buyer and/=or Seller for the deposit
521 monies, `
522 (B) Reg ardless of the apparent entitlement, to deposit monies, Pennsy=lvania law does not allow a Broker holding deposit monies to
523 determine who is entitled to the deposit monies when settlement does not occur.Broker can only release the deposit monies:
524 l. If this Agreement is terminated prior to settlement and there is no dispute over entitlement to the deposit monies. A written
525 agreement sinned by both parties is evidence that there is no dispute regarding deposit monies.
526 2. If, after Broker has received deposit monies.Broker receives a written agreement that is signed by Buyer and Seller.directing
527 Broker how to distribute some or all of the deposit monies.
528 3. According to the terms of a final order of court. "
529 =!. .According to the terns of a prior written agreement between Buyer and Seller that directs ihe. Broker how= to distribute the
53) deposit monies.i f there is a dispute between the parties that is not resolved.(See Paragraph 23(C)) {
v fyi
531 Buyer Initials: ' ' ASR Pare 9 of I i Seller Initials: J;J
Revised 1/12
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532 (C) BLI.Ver and Seller agree That if there is a dispute o\-er the entitlement to deposit M03-jiCS !flat is UIWOSC)ked 365 day's after
53 1 1 -- will
3 the Settlement Date stated in Paragraph 4(A). or any written extensions thereof. the Broker holding the deposit monies - with-
14 in 30 days at receipt of Buyer's W-liven request, distribute the deposit monies to Buyer unless the B roker is in receipt of v erifl_
'535 able written notice that the dispute is the subject of litigation. If Broker has received verifiable w-ritten notice of litigation prior to
536 ill the deposit monies until receipt of a written distri-
e receipt of Buyer's request for distribution, Broker will continue to hold 4
and Seller are advised to initiate litigation for any por-
537 bution ag-reemeril.bct%veen Buyer and Seller or a final court order. Buyer -at
vl agree that the
508 tion or the deposit monies prior to any distribution made by Broker pursuant to this'paragraph. Buyer and Seller agre
539 distribution of deposit monies based upon the passage of time does not legally determine entitlement to deposit monies, and that
540 the parties maintain their legal rights to pursue litigation even after a distribution is made.
541 (D) Buyer and Seller ainee that Broker-,vho holds or distributes deposit monies pursuant to the terms of Paragraph 213 3 or Pennsylvania.
542 law will not be h0ble. Buyer and Seller agree that if any Broker or affiliated licensee is named in litigation regarding deposit
543
monies.the attorneys'fees and costs of ti'ie Broker(s)and licensee(s)will'be paid by the party naming them in litigation.
544 (E) Seller has the option of retaining all sums paid by Buyer,including the d CP asit monies.should Buyer:
545 1 Fail to make ariv,additional payments as specified in Paragraph 2,OR
546 f concerning
Furnish false or incomplete, information to Seller, Broke(s) or any other party identified in this Agreement con
547 Buyer's le-al or financial status. OR
548 3. Violate or fail to fulfill and perform any other terms or conditions of this Agreement.
549 Unless otherwise checked in Paragraph 23(G),Seller may elect to retain those sums paid by Buyer.including deposit monies:
, gr
550 1. On account of purchase price, OR
=51 As monies to be applied to Seller's darnages,OR
552 As liquidated damages for such default.
53 (G) �zSELLER IS LEMITED TO RETAINING S`UA1S PAID BY BUYER, IINCLUDII G DEPOSIT -NION-1 ES, AS
554 LIQUIDATED D.01AGES;
555 (H) If Seller retains all sums paid by Buyer, including g de osit monies, as liquidated darnages pursuant to Paragraph 23(F) or (G),
p
556 Buyer and Seller,are released from further liability or obligation and this Agreement is VOID,
557 (I) Brokers and license,-,,;are not responsible for unpaid deposits.
558 24.MEDIATION (1-10)
555 Buyer and Seller will submit all disputes or clairris that arise fircrin this Agreement, including dispute-,and claims over deposit monies,
to mediation. Mediation will be conducted. in accordarice'N'vith The Rules and Procedures of the Home Sellers/Home Buyers Dispute
561 Resolution System.. unless it is not available,in wrbich ease Buyer and Seller will mediate according to the terms of the mediation
5132 ' terri offered or endorsed'by the,local Association of RE,ALTORSCI"�, Mediation fees,contained in the mediato?s fee schedule, will be,
563 divided equally among the parties and will be paid beforethe trediation conference,.This mediation process must be concluded before
564 any party-to the dispute may initiate legal proceed courtroom,in, witlithe exception of filing a summons if it is necessary .
ings III any COUTtT I . filing y to
585 stop any statute of limitations from cicItiring. Any agreement reached through mediation.and signed by the parties will be binding(see
566 Notice kegarding Mediation).Any agreerricint to mediate disputes Or clai ins arising.frorn this Agreement will survive Settlement_
567 75
RELEASE(9-05)
568 Buyer releases, quit claims i1nd fokever discharges SELLER, ALL BROKERS, their LICENSEES, EMPLOYEES and any
569 , one of them and any other PERSON, FIRIM or,CORPORATION, who may be liable'by or
O&IItER,or 'PARTNER of anN
570 through them, from any and all claims, losses or demands including, but not limited to, personal it jury and property dam-
571 age and all of the consequences thereof vbether known or not, which may arise from the presence of termites or other.Vrood-
572 boring inset
ts, radon, lead based paint hazards, mold, fungi or indoor air quality, environmental ha7,ar*ds, any defects in the
573 individual oft-lot sew.agie disposal system,or deficiencies in the on-site water service system,,or any defects or conditions On the
574 Property. Should Seller be in default under the terms oll"this Agreement or in Aolation of any Seller disclosure law or regula-
575 tion,this release does not deprive Buyer of any right to pursue any remedies that:may.be Available under law or equity. This
576 release rill survive settlement
577 26.REAL ESTATE REC01VERY FUND(9-051).
5.78 .. A Real Estate Recovery Fund exists to,reimburse any persons who have obtained a final civil judel-nent against a Pennsylvania real,
579 estate licensee-(or a licensees affiliates)owing to fraud, misrepresentation, or deceit in a real estate transaction and who have been
unable to collect the.judgment after exhausting all legal and equitable remedies. For complete details about the Fund, call (717) 743-
581 3658 or(800)622-2113(within Perinsylviiiiia.)and(717)783-4854(putside Pennsylvania).
582 17.CMUNIIIJINICATIONS WITH BU-NTR AND/OR SELLER(1-Ili)
583 Wherever this Agreement.contains a provision that requires or allows communication/delivery to a Buyer, that provision shall be saris-
5$4 fled by communicatidnYdelivery to the Broker for Buyer, if any, except for documents 'required to be delivered pursuant to
585 Paragraph 15. If there is no Broker for Buyer. those provisions may be satisfied only by communication/delivery being made direct-
586 ly to the Buyer. unless othem,ise agreed to by the parties*. 'Arherever this Agreement contains a provision that requires or allows com-
58,7 munication/Lliv_cry to a Seller,that provision shall be satisfied by conninunicalion/delivery to the Broker for Seller, if any. If there is
588 no Broker fbr Seller, those provisions may be satisfied only by communication/delivery being made dire'etly to the Seller,unless other-
589 %vise agreed to by the parties.
sso 28.SPECIAL CLAUSES (1-10)
591 (A) _The follo-vvina are part of this Agreement if checked:
592 1�i Sale 8:Settlement of Other Property Contingency Addendum(PAR Form SSP)
593 =-'S
ale& Settlement of Other Property Contingency with Right to Continue Marketing Addendum(PAR Form SSF-CIA)
594 Settlement of Other Property Contingency Addendum(PAR Form SOP)
585 Shon Sale Addendum to Agreement ol'Sale(PAR Form SHS)
596 Appraisal Contingency Addendum (PAR Form'ACA)
597
Y8
Be() 131n,er Initials: ASR Pale 10 of I I Seller Initials:
Revised 1/12
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-N.71CTED SEX OFFENDERS LANI)
N,011 A
CE REGARDING CON
The Pennsylvania General Assembly has passed legislation (often referred to as '`Megan's Law.- 121 Pa.C.S. § 9791 et seq..) provid-
ing for coin munity notification of the presence Of-certain Convicted sex offenders. Buyers are encouraged to contact the munici-
pal police department or the PerinsvIvania State Police for information relating to the presence of sex.offenders near a par-
ticular property,or to cliecl,the information on the Pennsylvania State Police Well)site at .Nr�-,vNt,.panieganslayA,.sLate.pa.us.
FOREIGN INVESTMENT IN REAL PROPERTY TAX ACT OF 1980(FIRPTA)
The disposition of a U.S. real property interest by a foreign person (the transferor) is subject to tile Foreign Investment. in Real
Property Tax Act of 1980 (FIRPTA) income tax villiholdinE!. FIRPTA authorized the United States to tax foreign* persons on dispo-
sitions, of U.S. real property interests. This includes but is not limited to a sale or exchange, liquidation., redemption, gift, transfers.,
etc. Persons purchasing U.S. real property interests (transferee) from foreigm persons, certain purchasers -agent-,, and settlement dffi-
cers are required to withhold 10 percent of the amount realized rules for foreign corporations). 'W-ithholding is intended to
ensure U.S. taxation Of Rains realized on. disposition of such interests- The transferee.iBuyer is the -withholding agent. If you are the
transferee/B over you must find out if the transf6ror is a.foreign person. If the transferor is a foreign person and you fail to xN thhold,
you may be held I iable for the tax.
NOTICE RLGARUING REAL ESTATE TAXES(Paragraph 2-?urchase Price and Deposits)
Real Estate Tax Proration: For purposes of proratina real estate taxes,the'*rlods covered"by the tax bills are as follows:
Municipal Taxes- For all counties and municipalities in Pennsylvania,tax bills are for the period Januat);I to December 31.
School Taxes: For all school districts, other than the Philadelphia. Pittsburgh and Scranton school districts, the period cov ered
Tune tax are for
by the tax bill is July 1 to I . e 30. F& the Philadelphia, Pittsburgh and Scranton school districts. bills. a� o
the period January I to Decem' ber)1.
Real Estate Msessment. In, Pennsylvania, taxing axing authorities .(school districts and municipalities) and property owners may appeal
the assessed value Of a property at.the.time of sale, or at any time thereafter. A successful appeal by a taxing authority may result in
a higher.assessed sed I for the property.and an increase in property, taxes. Also, periodic county-wide property reassessments may
change f.he assessed value of the property and result in a change in property lax.
NOTICE TO BUYERS SEEKING MORTGAGE AGE FINAINCLNNG{Paragraph 9:Mort-age Contingency)
The appraised value of the Property is used by lenders to determine the maximum ambujit of a Mort-gage loan. The appraised vJlue
is determined by an independent appraiser, subject to the mortgage lender's underwriter re-view., and may be higher or lower than
the Purcliase Price andlor m.axket price of the property,
The Loan-To-Value Ratio (LTV) is used by lenders as one tool to help assess the potential.risk of a mortgage-loan. L TV is deter-.
mined by dividing .the.requested loan amount by either the Purchase Price or the appraised value of the property... whichever is lower.
A particular LTV may be necessary to qualify for certain loans, or Buyers might be required 16 pay additional f6es if the LTV exceeds
a specific level.
NOTICE REGARDING TRUTH IN LENDING(Paragraph 8:Mortgage Contingency)
The Mortaage Disclosure Improvement Act requires mortgage lenders to provide Buyer with a Truth in Lending(TIL)statement at the time
of rnoTtm,e app].ication (early disclosure) and anytime thereafter(re-disclosure) if the annual percentage rate(APR) changes by more than
.125 percent. Settlement cannot occur within 7 days of the early disclosure or within 3 days of re-disclosure. If are-disclosure of a TIL state-
ment is made. within 3 days of the Settlement Date in the Agreement, settlement for the Property would have to occur after the Settlement
Date stated, Buyer and Seller are advised that the APR may change by more than J25 percent based on factors including,but not limited
to. Seller credits, changes in loan amount or duration. and Settlement Dale change. If the Buyer and Seller agree to modify the Settlement
Dale in response to the TIL statement waiting period,or for any other reason,it should be done by Mutual written agreement of th e parties.
Buyer Initials: Page I Seller Initials:'
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SENVAGE NOTICES (Paragraph 10: Seller Representations)
NOTICES PURSUANT TO THE PENNS1 L'AN.IA SENVAGE FACILITIES ACT
NOTICE 1: . THERE IS NO CURRENTLY EXISTING COMA/L,"NITY SE'WAGE SYSTEIN9 AVAILABLE FOR THE
SUBJECT PROPERTY.
Section 7 of the Pennsylvania Sewage Facilities Act provides that no person shall "install, construct, request bid pro
posals for construction, alter, repair or occupy any building or structure for which an individual sewage system is to
be installed. without first obtaining a pennit. Bever is advised by this notice that. before sip*nine this .A`*reement.
Buyer should contact the local agency char ed with administering the Act to deter e the procedure and require
ments for obtaining a permit for an individual sewage system. The local agency charged with administering the Act
will be the municipality wlierethe Property is located or that municipality working cooperatively with others.
NOTICE 2: THIS PROPERTY IS SERVICED BY A_N INDIVIDUAL SEWAGE 'SYSTEM INSTALLED UNDER THE
TENT-.ACRE PERMIT EXEMPTION .PROVISIONS OF SECTION 7 OF THE PENNSYL :ANI.A SEWAGE
FACILITIES ACT.
(Section 7 provides that a permit may not be required before installing, constructing; awarding a contract for con-
struction, altering, repairing or connecting to an .individual sewage )stem where a ten-acre parcel or lot is subdivid-
ed from a parent tract after January 10, 1987). Buyer is advised that soils and site testing were not conducted and
that, should the system malfunction, the owner of the Property or properties serviced by the system at the time of a
malfunction may be held liable for any contamination, pollution. public health hazard or nuisance which occurs as a
result.
NOTICE 3: THIS PROPERTY IS SERVICED BY A HOLDING TANK (PERMANENT OR TEMPORARY) TO N�%- C.II
SEWAGE Is CONVEY.ED 'BY A WATER CARRYING SYSTEM AND NNUCH IS DESIGNED AND CON-
STRUCTED TO F'ACILTTATE.,ULTI]MATE DISPOSAL OF THE SEWAGE AT ANOTHER SITE.
Pursuant'to the Pennsylvania Sevvage Facilities .Act Seller.must provide a history of the annual cost of maintaining
the tank from.the date of its installation or December 14,1995,whichever is later.
NOTICE 4: AN INDI`UDU.-AL SER%AGE SYSTEM HAS BEEN INSTALLED.AT AN ISOLATION DISTANCE FROM A
WELL TEL4X IS LESS THAN THE DISTANCE SPEC'IFIE'D BY REGULATION.
The regulations at 25 'Pa. Code 573.13 pertaining to minimum horizontal isolation distances provide �ttidance.
'Subsection (b) of "73.13 states that the minimum )torizontai isolation distance between an individual. water supply ar
water supply system suction line and treatment tanks .shall be 50 feet. Subsection (c) of 573.13 _states that the liori-
zon.tal isolation distance, between the individual water supply or water supply system suction fine and the perimeter
of the absorption area shall be 100 feet.
NOTICE 5: THIS LOT IS WITHIN AN AREA r.N WHICH PERMTT LIMITATIONS ARE Lti EFFECT AND IS SUB.IECT
TO THOSE LIMITATIONS. SENVAGE FACILITIES ARE NOT AVAILABLE FOR THIS LOT -AND CON-
STRUCTION OF A STRUCTURE TO BE SERVED 13Y SEWAGE FACILITIES NAY NOT BEGIN UNTIL
THE 111UN]CrPALITY COMPLETES 4 MAJOR PLANNING REQUIREMENT PURSUANT TO THE
PENNST`LN'*ANIA ,SELVAGE :FACILITIES ACT AND REGULATIONS .PROMULGATED THEREUNDER.
f'
r,
Buyer initials: ' Page 2 Seller Lnitials:
I
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NOTICES REGARDING LAND USE RESTRICTIONS(Pttragraph 10:Seller Representations)
NOTICE PLiRSUANTTO THE PENN`SYLI`:ANIA RIGHT-TO-FARM LAW(3.P.S.§951-957)
'The properry you are buying- may he located in an area \\-here agriCUltU al operations take place. Pennsylvania protects aLTricultural
resources: for the production of food and agricultural produces. The law limits circurnstances where normal agricultural operations
may he subject to nuisance lawsuits or restrictive ordinances.
FARINCLAND AND FOREST LAND XSSESSMEi`iT:ACT(CLEAN AND GREEN PROGRAM)(72 P.S.§54901 et seq.)
Properties enrolled in the Clean and Green Program receive preferential tax assessment.
Notices Required by Seller: A Seller of Property enrolled in the Clean and Green Progr?m must submit notice of the sale and any
proposed changes its the use of Seller's rdnainina enrolled Property to. the County Assessor 30 days before the. transfer of title to
Buv=er. 4
Notices Required by Buyer: ,A Buyer of Property "ertrof'led in the Clean and Green Proerarri .must submit notice of any proposed
chant=es Buyer intends to make in the use of the Property being purchased to the Count}° assessor at least 30 days prior to 'Under-
takins.any changes.
Loss of Preferential T'ay-Assessment.The We of Property enrolled in the .Clean and 'Green Program may result in. the loss of pro-
aram enrollment and the loss of preferential,tax assessment for the Property and/or the land of which it is a part and from which it
is-being separated. Removal from enrollment in the Clean and Cn-een Program may result its the charge of rollback takes'and inter-
est. .A roil-hack tart is the difference in the amount of taxes paid under the provram and the taxes that would have been paid in .the
absence of Clean and Green enrollment. The roll-hack taxes are charged for each year that the Property liras enrolled in the program.
limited to the past 7<,years.
Buyer and Seller have"been advises bf the need to determine the tax,implications that will or may result frown the sale of the.
Property Buyer.or that.may result in the future as a result in any change sir use of the Property or the land from Khich%t is
Tieing separated by crit tactic .the County Tax Assessment Office before,the execution of this Agreement of Sale.
OPEN SPACE ACT 32 P.&§5001 et.seq.
This Act enables counties to enter into 'covenants with owners of land, designated as farm; forest_ water supply, or open space .land
on an adopted municipal, comity or regional plan for the purpose of.preserving the land as open space. A coN.renant between the
o>tter,and county is binding upon any.Buyrer of the Property during the period of`tirtie that.the covenant i.8-in n, effect(5 ar 10 years).
Covenants autoniatica lly renew,at the end of the covenant period unless specific termination notice procedures are folloi red.
Buyer aeknQwledges that the purchase of Property for which there is a covenant will not extinguish the covenant and that a change
in the use of the land to. any other use other than that designated in the covenant v611 constitute a breach, lien a breach of the
covenant occurs, the then-owner is required to pay roll-.knack taxes and interest. A roll-back tax is the difference its the amount of
taxes paid and the taxes that u.--otild have been paid in the absence of the covenant. The roll-back taxes are charged for each year that
the Property was subject to the covenant,limited to the past.5 years. 4
Barv-er has been advised of the need to determine the restrictions that will apply franc. the sale of the Property to Buy=er and
the ta-x implications that will or.mail result from a change in use of the Property or any portion of it. Buyer is further advised
to determine the term of anv covenant noLv in effect.
i
Buyer IrrrfralS.
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NOTICES REGARDING PROPERTY&ENVIRONNIENTAL INNSPECTIONS
(Paragraph 12:Inspections)
Exterior, Insulation and Finish Systems (EIFS)- Exterior Insulation and Finish Systeriis sometimes referred, to as sy.11thttic
stucco are multi-layered -,vall systems applied to the exterior of sorts home-s. Poor or iTnlX0j)Cr installation of EIFS matt result in
moisture penetrating the surface of a structure where it may cause damage to the building's frame. Leakage most frequently- occurs
near doors and windows. gutters. the roof connection and at tile lowermost edge of the exterior surface. Vulnerability, to leakage
depends oil structure'design as well as the expertise and application skills of tile contractor. Damage caused by water intrusion may
be both extensive and expensive to repair but may go undetected in the absence of all adeqLwe inspection. Buyers purchasing homes
-with EIFS construction trav seek to engage all inspector experienced in testing for EIFS-related.problems who can determine the
moisture C011iCill'Ofthe buildings frame.
Asbestos: The heat-resistant and durable nature of asbestos makes it useful in construction. The physical properties that give
asbestos its resistance to heat and decay are linked with several adverse health effects. Asbestos can easily break into microscollic.
fibers that remain suspended in the air for long periods of time. W'hen inhaled, these fibers easily penetrate body tissue, Asbestos is
known to cause Asbestosis and various farms of cancer, inquiries or requests for -more ]information about- asbestos can be directed
to the U.S. Environmental Protection Agency, Ariel Rios Building, 1200,Pennsylvania -Ave.. NAN!, Washing ton. D.C. 20460, and."or
the Department of Health,Commonwealth of Pennsyivania.Division of Environmental Health,Harrisburg,PA 17120.
Electrornatinetic Fields: Electrornametic Fields (,EAEs) occur.around all electrical appliances and power lines. Conclusive evi-
dence that EMFs pose health risks does not exist at.pr&sent,and Pennsylvania has no laws regarding this issue.
Environmental Hazards- The U.S, Environmental; Protection Agency has a list of hazy-l-dous substances, the use,and disposal of
which are restricted by law. Generally., if hazardous substances are found on a property, it is tile property owner's responsibility to
dispose of them properly. For snore inforrilation and a list of 'hazardous substances, contact the U.S. Environmental Protection
Agency,Ariel Rios Building: 1200 Peimsylvahia Ave..
NX,-Washington,D.C.
Wetlands: 'Wetlands are protected by the federal and state governments. Buyer may vish to hire an environmental engineer to
investigate whether-the Property is located in a wetlands area to determine if,permits for plaits to build, improve or develop the proP_
crty would be affected or denied because afil§"location in awetlands.area.
.MoM, Iriitn�
I 'i and Indoor Air Qualify: Indoor mold contamination and the inhalation of bipaerosols (bacteria, mold. spores, pollen
and viruses) have been associated with allergic response$ including upper respiratory congestion, cough, mucous membrane irn6ta,-
tion, fever, 6hills, muscle-liche: or I other transient inflammation -or allergy, Claims have been asserted that exposure to mold contam-
ination and bibacrosols 'has led to serious infeGtion. J.11milmosuppression and illnesses of neuiro or systemic toxicity. $ainplin- of
indoor air quallty and other methods exist,to determine the presence and scpp& of indoor contamination. Because individuals may
be affected difTerenfly, or not affected at all, by the presence of mold or other bioacrosols., Buyer may xvisb to envage the services
of a qualified professional to undertake an assessment and/or sampling of the Property. Assessments and samplings for the presence,
of mold and bioaenosols can be performed b y qualified industrial hygienists. enitineeirs. I.aboratories and Ito lli
e inspection compa-
nies that offer these services. Information about indoor air quality issues is available through the U.S; Environmental Protection
A-ehcy and may be obtained by contacting IAQ INFO,P.O.Box 37133,Washington,D.C.2013-713311-800-438-4118.
Radon: Radon is a natural- radioactive gas'that is produced in the ground by the normal decay of uranium and radium. Studies indi-
cate that extended exposure to high levels of radon gas can, increase the risk of lung cancer. Radon can find its way into any airwspacc
and can permeate a structure,. If a house has a radon problem, it usually can be cured by increased ventilation and/or by preventing
radon entry. Any person -who tests, mitigates or safeguards a buildine for radon in Tcnnsylvania must be certified by the Deparmient
of Environmental Protection. Information about radon and about certified testing or rillb!Zation firms is available through
Department of Environmental Protection, Bureau of Radiation Protection.. 13th Floor, Rachel Carson State Office Building, P.O. Box
8469.Harrisburg P-A 17105-8469,(800)23RADON or(717)783-3594.v.,ivw.epa.aoV
NOTICES REGARDING RESIDENTIAL LE AD-BASED PAINT IIAZARD REDUCTION ACT
(Paragraph 12:Inspections)
Lead-Based Paint Hazards Disclosure Requirements (for properties built before 1.978)- The Residential Lead-Based Paint
Hazard Reduction Act requires any Seller of property.built before 1978 to provide file Buyer with an EPA-approved lead hazards
information pamphlet titled Protect Your Family from Lead in Your Home and to disclose to tile Buyer and the broker(s) the known
presence of lead-based paint and/or lead-based paint hazards in. or oil file property being sold, along with the basis used for deter-
minina that the hazards exist. the location of the hazards, and the condition of painted surfaces. Any Seller of pre-1978 structure
must also provide the Buyer -,with any T--cords or- reports available to the Seller regarding lead-based paint and/or lead-based paint
hazards in or about the property being sold. the common areas, or other residential dv-ellinas in multi-family housing. Before a
Buyer is obligated to purchase any housing constructed prior to 1978. the Act requires the Seller to Live the Buyer 10 days (unless
Buyer and Seller agree in wTiting to another time period) to conduct a risk assessment Or inspection for the presence of lead-based
paint andfor Jead-based paint hazards. The opportunity to conduct a risk assessment or inspection may be waived by,-the Buyer'. in
Nvri till L'.Nei ther testine nor abatement is-,-eqtiirecloftlie Seller.Hou,,iiiQ,bL'Iiltin 1978 or later is not subject to the Act.
Buyer Initials; 6_11V Page 4 Seller Initials:
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LEAD `�'_ARI\ING STATEINIE'�T (FOR PROPERTIES BUILT BEFORE 1978) Every purchaser of ar;v interest in residential
real property oil which a residential 6,elling was built prior to 1975 is notified that such property tnay present exposure to lead from
lead-has.d paint that may place Vroung children at risk of developing lead poisoning. Lead poisoning in young children may produce
permanent neurological d mad_=e, includin<_ learning disabilities, .reduced intelli<_ence quotient, behavioral problems, and irrrhaired
emory. Lead poisoning also poses a particular risk to pregnant women. The Seller of any interest in residential real property i
m
required to provide the. BLIVCr with any infannadon on lead-based paint hazards from risk assessments or inspections in the Seller's
possession and notify the Buyer of any known lead-based paint hazards.A risk assessment or inspection for possible lead-based paint
hazards is recommended prior to purchase,
NOTICE REGARDING THE SOME INSPECTION LAtt'(fib Pa.C.S.A. §750.1,et seq.)
(Paragraph 12: Inspections)
Applicability: The Bome Inspection Law applies to "residential real estate transfers defined as a sale, exchange, installment sales
contract, lease with an option to buy, grant or other transfer of an interest in real property where NOT LESS THAN OINE AND
NOT MORE THAN FOUR RESIDENTIAL DVl'.ELLING UNITS are involved. (See Notice Regarding The Real Estate Seller
Disclosure Law(exceptions 1-4)for a list of exceptions to this general rule.)
The follo-wing definitions are taken from the text of the Some inspection L$tv
Some Inspection: A non-invasive, visual examination of some combination of the mechanical; electrical or plumbing sy.4tc S or
the structural and essential components of a residential dwelling designed to identify material defects in those systems and compo-
nents, and performed for a fee in connection with or preparation for .a.proposed or possible residential real estate transfer. The torn
also includes any consultation regarding the property that is represented to be a home inspection or that is described by any con-
fusingly similar term. The term.does not include an examination of a single system or component of a residential dwelling such as
for example.,,its electrical or plumbing system or its roof.. The term also does not include an examination. that is lirnited to inspec-
ti.on .for, or of, are or more of'the follomin`: wood-destroying insects, underground tanks and wells; septic systems, stii=immin- pools
and spas, alamt systems; air anti. water quality, tennis courts and playground equipment; pollutants, toxic chemicals and environ-
mental hazards. The scope of a-home inspection, the services to be performed and the s-y�stems and conditions to be. inspected or
excluded from inspection may be':defrned by a contract between the home inspector and the client.
Rome inspection Report:4 written.report on the.results of a borne inspection.
•home inspection.report shall.include:
(l) A .description of the scope of the inspection, including rvithout limitation an identification of (be structural elements, sys-
tems;and subsystems covered by the report.
(2) A description of any material defects noted. during the inspection, along with any recommendation that certain experts be
retained to determine the extent of the defects and any corrective action that should be taken. A "material defect.. that poses
an unreason able.risk to people on the property shall be conspicuously identified as such.
• home inspector shall not express either orally or in writing an estimate of the cost to repair any defect found during a home inspec-
tion,except That.such an estimate maybe included in a home inspection report if:.
(1) the.report identifies the source of the estimate;
(2) the estimate is stated as a range of costs;and
(3) the report states that the parties should consider obtaining an estimate from a contractor who performs the tape of repair
involved,
Seller shall have the ria.ht, upon request, to receive without charge a copy of any inspection report front the party for whom it was
prepared.
Home inspector:An individual who performs a home inspection.
National home inspectors association:Any national association of home inspectors that:
(.i) Is operated on a not-for-profit basis and is not operated as a franchise.
(2) Has members in more.than ten states.
(3) Requires that a person may not become a full member unless the person has performed or participated. in more than 100
home inspections and has passed a recognized or accredited examination testing knowledge of the proper procedures for
conducting a home inspection.
(4) Requires that its members comply with a code of conduct and attend continuing professional education classes as an origo-
ing condition of membership.
A Buyer shall be entitled to rely in Rood faith, without independent investigation, on a written representation by a horne inspector
that the home inspector is a full member in good standin!of a national home inspection association:
Material defect: A problem with a residential real property or any portion of it that -,would have a simiifcant adverse impact on the
value of the property or that involves an unreasonable risk to people on the property. The fact that a structural element, systerrt or
subsystem is near, at or beyond the end of the normal useful life of such a structural element, system or subsystem is not by itself a
material defect. '
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NOTICES REGARDING CONDOMINIUMS AIND PLANNED COMINJUINITIES
(Para mph 1;:Condominium/Planned Community(Bomeowner Association)Resale Notice)
Definition of a Condominium
The Uniform Condoininium. Act defines a "condominium- as real estate. portion.,; of which are designated for separate oomership and the
remainder of which is desimiated for common o"vnership solely by the owners of those portions.Real estate is not a condominium unless the
Undivided interests in the common elements are vested in the unit owners.
Definition of a Planned Communit-%:
The Uniform Planned Community Act defines a "planned community"as real estate with.respect to which a person,by virtue ofownership of
an interest in any portion of the real estate,is or rnay become obligated by covenant,easement or agreement imposed on the owner's interest to
pay any amount for real property taxes.insurance.maintenance.repair,improvement,management. administration or reRulation ofanv
Pan Or
the real estate other than the portion or interest owned solely by the person.The term excludes a cooperative and a condominium,but a coop-
erative or condominium may he part of a planned community. For the purposes of this definition.,"ownership"includes holding a leasehold
interest of more than 20 years,including.renewal options,in real estate.The term includes non-residential campground communities.
Exemptions from the Uniform Planned Community,Act and the Uniform Condominium Act:
at Peoired
When a Certificate of Resale 1s.N
The owner of a property located within a planned community is not required to furnish the-Buyer with a certificate of resale under the follow-
ins circumstances:
(1)The Planned.Comm unity contains no more than 12--u-nits,provided there is no possibility of adding real estate or subdividing units to
increase the size of the Planned Community;
(21)The Planned Community/Condominibin is one iii which all.of the units are restricted exclusively to nort-residential use,unless the dec-
laration provides that the regale provisions are nevertheless to be followed.
(3) The Planned Community/Cond6miniurn or units are located outside the Commonwealth of Pennsylvania.
(4) The transfer of the unit is a gratuitous transfer;
(5)The transfer of the unit is required by C,opd order.
(6) The transfer of the unit is the government or a governmental agency.
(11)The transfer of the unit is the result of forecfosdre or in lieu of foreclosure.
_N'otices ke--arding Public Offering Statements and Right to Rescission
If Seller is a Declarant orAthe condominium or planned community, Seller is required to furnish Buyer with a copy of the Public Offering
Statement and its amendments.For condorninivims.,the delivery of the Public Offering Statement must be made no later than the date the Buyer
executes this,Agrecirlent.Buyer may cancel this Agreement,,V thin 15 days after receiving the Public Offering-Statement and any amendments
thatmate,nail),4ndadversely affect Buyer.For planned cornmunitics,the Declarant must ptov-i&the Buyer with a copy,of the Offerin-
Statement and its,amendments no later than the date the Buyer executes this Agreement.Buyer may cancel this Agreement within 7 days after
receiving the Public Offering Statement d adversely affect t ent and any amendments that materially an Buyer.
NOTICES REGARDING RECREATIONA-L CABINS(Paragraph I&Title,Surveys&Costs)
The following definitions and requirements Are taken from the Pennsylvania Construction.Code Act(35 P.S.§7210.10.1,et.seq.,)
A Recreational Cabin is a structure which is:
(1) Vtilized principally for recreational activity;
(2)Not utilized as-a dornicile or residence for any individual for anytime period--
(3)Not utilized for commercial purposes:
(4)Not greater than two stories in licit ghL excluding udin-basement;
(5) Not utilized by the owner'or any other personas a place of employment;
(6) Not a mailing address for bills and correspondence;and
(7)Not listed as an individual's place of residence on a tax return,drivers license;"car resistration or voter registration.
A recreational cabin may be exempt from the pro-visions of the Pennsylvania Construction Code Act if:
(1)The cabin is equipped with at least one smoke detector,one fire extinguisher and one-carbon monoxide detector in both the kitchen
and sleeping quarters;and
(2) The owner of the cabin files w=ith the municipality either:
(a) An affidavit on a form prescribed by the Pennsylvania Department of Labor and Industry attesting to the fact that the cabin insets
the definition of a"recreational cabin"in Section 103 of the Act; or
(h)A valid proof of insurance for the recreational cabin, written and issued by an insurer authorized to do business in this
Common-wealth.stating that the structure meem the definition of a"recreational cabW'as defined in Section 103 of the Act.
If a recreational cabin is subject to exclusion from the Pennsylvania Construction Code Act,upon transfer of ownership of the recre-
ational cabin,written notice must be provided in the sales agreement and the deed that the recreational cabin:
(1) Is exempt from this Act:
(2) May not be in conformance with the uniform construction code.and
(3) Is not sulliect,to municipal regulation.
Failure to comply%vit"I this notice requirerrient shall render the sale void at the option of the purchaser.
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NOTICES REGARDING PRIVATE TR_kNSFER FEES(Paragraph 16:Title,Surveys c Costs)
In Pennsvivania,Private Transfer Fees are defined and rcLulaied in the Private Transfer Fee Obligation Act (Act I of 201 1:08 Pa-C-S.
S101,et.I zecl.),which defines a Private Transfer Fee asa fee that is paVahlC UpOil the transfer of an interest in real property-or payable for
the rialit to inake or accept the transfer, if the obligation to pay the fee or charge runs with title to the property or otherwise binds subsequent
ov,iiers of property,re2ardless OF-,whether the fee or charge is a fixed amount or is determined as a percentage of the value of the property.dic
purchase price or other consideration given for the transfer.-A Private Transfer Fee must be 1,11-0ticrly recorded to be binding,and sellers must
disclose the existence of the fees to prospective buyers.Where a Privaic Transfer Fee is not properly recorded or disclosed-the Act gig es cer-
tain rights and protection,,to bm"ers.
NOTICES REGARDING MEDIATION(Paragraph 24-Mediation)
HOME SELLERS/HOAIE BUYERS DISPUTE RESOLUTION SYSTEM RULESA.ND PROCEDURES
1. Aareement of Parties.The Rules and Procedures of the Dispute Resolution System(DRS)apply when the parties have agreed in writing
to mediate under DRS.The written agreement can be achieved by a standard clause in an agreement of sale,an addendum to an agreement
of sale.or through aseparate written agreement.
Initiation of Mediation: If a dispute exists, any party may start the mediation process by submining, a completed Request to Initiate
Mediation DRS Transmittal Form(Transmittal Form)to the local Association ofREALTORSIP(hereafter"Adinini-,t,-atoC').The Transmittal
Form should be available through the Administrator's office.The initiating party should try to include the follow;n;information when send-
ing the completed-3ransmittat Form to the Administrator. ✓
a. A copy of the written agreement to mediate if there is one,OR a request by the:initiating party to have the Administrator contact
the other parties to the dispute to invite them to join the i-riedi ati on,process.
b. The names,addresses and telephone numbers of the parties involved in the dispute,including the name of every insurance com-
pany kno,,vn to have received notice of tie dispute or cidim and the corresponding file or claim-number.
c. A brief statement of the facts of the dispute andthe damages or relief sought.
3. Selection of Mediator; Within five davS Of TeCeivingibe completed Transmittal Form.the Administrator will send each park-to the dis-
putea copy of the TranSInitlatFortri'and alist of quali-fied mediators and their fee schedules.Each party then has ten days to review the Est
of mediators,cross off then Ame of,anv mediator to whom the be party olifects.and return the list to the.Administrator,The Administrator will
appoint the first available mediator wfio is acceptable to all parties involved.
A mediator who has any financial or personal interest in the dispute or the results of the mediation cannot serve-as mediator to that dispute,
unless all parties•are informed.and c,ive their written consent;
4. Mediation Fees:Mediation f6esA111.be divided equally among.the parties and will be paid before the mediation conference.Tile parties
will folloWthe paynient.terms contained in the mediator's fee schedule.
5. Time And Mace otMediation Conference.-Within ten days of being appointed to the dispute,the mediator will contact the parties and set
the date,fine and pia'ce,of the mediation conference.The mediator must give at leastt,,venty days'advance notice to all parties.The medi-
ation conference should not be more than sixty.days from the mediator's appointment-to the dispute.
.6. Conduct of Mediation Conference:The parties attending the mediation conference will be expected to:
a. Have the authority to enter into and sign a binding settlemeritto the dispute.
b. Produce all information required for the mediator to understand the issues of the dispute.The information may include relevant
written materials,descriptions of witnesses and the content of their testimony.The mediator can require the parties to deliver writ-
ten materials and information before the date of the mediation conference.
The mediator presiding over the conference:
a. Will impartially conductan orderly settlement negotiation.
b. Will help the parties define the matters in dispute and reach a mutually agreeable solution.
C.. Wil].have no authorit
y to render an opinion,to bind the parties to his or her decision.or to force tbeparties to reach a settlement.
Formal rules of evidence will not apply to the mediation conference.
7. Representation by Counsel.Any party who intends to be accompanied to the mediation conference by legal counsel will notify the medi-
ator and the other parties of the intent at least ten days before the conference.
8. Confidentialit-3-No aspect of the mediation can be relied upon or introduced as evidence in any arbitration. r proceeding:
Judicial or other
This includes,but is not limited to,any opinions or suggestions made by any party regarding a possible settlement.,any admission-,made
durin-the course of the mediation: any proposals or opinions expressed by the mediator;and any responses given by any party to opinions.
sug-cstions,or proposals.
No privilege will be affected by disclosures made in the course of the mediation.
Transcripts or recordings of the mediation will not be allowed without the prior,written consent of all parties and the mediator.
Records,reports,and other documents received or prepared by the mediator or Administrator cannot be compelled by an arbitration,judi-
cial,or other proceeding,with the exception of an agreement that was reached in the sour,,of mediation and signed by all the parties.
Neither the mediator nor the Administrator can be cornpelled to testify in any proceeding regarding information given or representations
made either in the course of ilie.mediation or in any confidential communication.
9. Mediated Settlement: When a dispute is resolved through mediation-,the mediator will put the complete agreernent in writing and all par-
ties will sign.the N3Tittcn agreement within ten days of the conclusion of the mediation conference. Every reasonable effort will be made to
Sian the written agreement at the end of the conference.
10.Judicial Proceediii-s and Immunity:NEITIiER THE. DMINISTRATOR.THE MEDIATOR.THE NATIONAL ASSOCIATION OF REALTORS-".:.
THE PENNSYLVANIA ASSOCIATION OF REALTORSfv. NOR ANY OF tTS MCNIBER BOARDS,WILL SE DEEMED NECESSARY OR
INDISPENSABLE PARTIES IN ANYJUDICIAL PROCEEDINGS RELATINGTONIEDIATION UNDER THESE RUCES AND PROCEDURES.NOR WILL
ANY OF'THEM SERVING UNDER TIAESE PROCEDURES BE LIABLE TO ANY PARTY FOR ANY ACT.ERROR OR OMISSION UN CONNECTION,
wrrli ANY SERVICE OR THE OPERATION OF THE HOIM-E SELLERS.;*110ME SUYERS INSPUTE RESOLUTION SYSTEM.
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NOT)CES REGARDING THE REAL ESTATE SELLER DISCLOSURE, LAND'
(Page 11: Sigliature Pate)
The Real Estate Seller Disclosure Law requires that before an agreement of sale is signed, the Seller in a residentlat real -state transfer Must
make certain disclosures regarding the property to potential Buyers in a form defined by the law-A residential real estate transfer is defined as
a
a sale.exchange.installment sales contract-lease with an option to buy.grant or other transfer of n interest in real propgrtv where NOT LESS
THAN ONE_iND NOT MORE THAN FOUR RESIDENTIAL DXYFLLING UNITS are involved.
7-he Law defines a number of exceptions where the disclosures do not have to be made:
1. Transfers that are the result of a court order.
2. Transfers to a mortgage lender that result from a Buyer's default t and subsequent foreclosure sales that result from default.
3. Transfers from a co-owner to one or more other co-owners.
4. Transfers made to a spouse or direct descendant.
5. Transfers hetween spouses that'result from divorce,legal separation or property settlement.
6. Transfers by a corporation, partnership or other association to its sharefiolder.g.'partners or other equity o-wrters as part of a plan of
liquidation.
.7. Transfer of a pfoperty to be demolished or converted to non-residential use.
8. Transfer of unimproved real property.
9. Transfers by a fiduciary during the administration of a decedent estate,guardianship,conservatorshiT or trust.
10.Transfers of new construction thzt has never been occupied when:
a. The Buyer has received a one- ear Warrant covering the construction,
b- The building has been inspected ct6.d for compliance ith,the applicable building code or,if none.,a nationally recognized model build-
in-code;and
c. A certificate of occupancy or a certificate of code compliance has been issued for the dwelling.
l��regard-
In addition to these exceptions.disclosures.for condominiums and cooperatives are limited to the Seller's particular unit(-,,),Disclosur
in common.areas or facilities are ripti,re. quitr6d,as those elements are already addressed in the laws that govern the resale of condominium and
cooperative.intere%.5.
1,-3,4
Buier Initials: Pa-e 8 Seller Initials-. I
Po,,T genersta-d�y.'171-tieFcrims'" vAvmTrueForms.com BDO-41 9,-95 12
4
Generalh speAimg, fhe Real estate seller Disclosure law requires that before an agreement of sale is sighed, the seller in a residen-
tial real estate transfer must snake certain disclosures regarding the property to potential buffers in a form defined by the la v. A resi-
dential real estate transfer is defined as a sal':. exchange. installment sales contract, lease tvith.an option to buti'. 'rant or other transfer
of an interest in real property- where NOT LESS THAN ONE AND NOT 11ORE TS.A..N FOUR RESIDENTIAL DNV ELLI_NG
UNITS are involved.The law defines a number of exceptions where the disclosures do not have to be made:
I.Transfers that are the result of a court order.
2.Transfers to a mrnigase lender that result from a buy=er's default and subsequent foreclosure sales that result from default.
3.Transfers from a co-owner to one or more other co-owisers. .
4.Transfers made to a spouse or direct descendant.
5.Transfers bets+een.snouses that result from divorce.legal separation;or property settlement.
6.Transfers by a corporation,partnership or other association to its shareholders, partners or other equity owners as part of a plan of
liquidation.
?.Transfer of'a property to be demolished or converted to non-residential use.
S.,Transfer of unimproved real property.
9_Transfers by a fiduciary,during the administration of a decedent estate.guardianship,conservatorship or trust,
10. Transfers of new construction that has never been occupied when:
a.The buyer has received'a one- ear warranty covering the construction:
b.The.building has been inspected for compliance with tie applicable building code.:or, if none,a.nationally recognized model building
code;and
c.A certificate of occupancy or a ce kliizate of code compliance has been issued for the dwellit-la.
In addition to these exceptions, diselost_tres for condominiums and cooperatives are limited to the seller's particular unit(s).Disclosures
regarding common areas or facilities are not required,as those elements are already addressed.in the laws that govern the resale of con-
d6n mi iutn and cooperative interests:
Seller's Initials '.y Date l-fib' SPD Notices Page I of I Buyer's Inifials ✓ 1 Dater /
SPD Page 9 of 9
Form generated by:-IrueForms"frog REVEAL�jYSTEMS,Inc. 64C=go-q6tL
RESIDENTIAL LEAD-B.ASED PAINT HAZARDS DISCLOSURE FORIM LPD
Ibis'Inin,rccrmmiendcd and approved for.but not restricted tcase by,the members ofthe Penns YNaiiia:association of REAL.roRsxw WAR).
THIS FOMM AMUST BE COMPLETED FOR ANY PROPERTYBUJIJ PRIOR TO 1978
I PROPERTY 220 Cumberland Drive Camp Hill, PA 17011
2 SELLER i.!, r� t-t .: I 2; n, I
L
3 LEADNN"ARINING STATEMENT
4 Every purchaser of any interest in residential real property on which a residential 6vellinsj was built. prior to 1978 is notified that
5 such properly may present exposure to lead from lead-based paint that may place young children at risk of developing lead poi-
( soning.. Lead poisoning in young children may produce permanent neurological damage. including le2rmng disabilities_ reduced
7 intelligence quotient., behavioral problemi, and impaired .memory. Lead poisoning a!-,,-o poses a particular risk to pregnant women.
8 The Seiler of any interest in residential real property is required to provide the Buyer k�rirh any information on lead-based paint
9 hazards from risk assessments or inspections in the Seller's possession and notify the BuytT of any known lead-based paint haz-
10 ards.Arisk assessment or inspection for possible lead-based paint hazards is recommended prior to purchase.
11 SELLER'S DISCLOSURE
12 Seiler has no knowledge ofthe presence of lead-based paint andlor'lead-based pairlt baz--ATd,-,in or about the Property.
13 Seiler has knowledge of the presence,of lead-based paint andior lead-based paint hazards in or about the Property.(Provide-
14 the basis for delcrrnining that lead-based paint and;or hazards exist,the location(s),the condition ofth,e painted surfaces;and
other available information concerning Seller's know-ledge ofthe-presence oflead-based paint and/or lead-based paint hazards.)
16
S E;OLL. KS R ECORDSIREPORTS
17 Seller has no records or reports pertainifig to lead 7based paint anchor lead-based paint hazards in or about the Prop-,rty,
18 1 Seller has providedBuyer-with ail available records and reports regarding lead-basf_-d-paint and/or lead-based paint hazards ill
19 or about the.Property.(List documents)::
20
21 Seller certifies that to the e-stofScllalgkno-wledge the above:stateme are trop and accurate.
22 SS NNIT E El YZ
N LER>e
23 NV TNESS SELLER DATE
24 \VJTNESS SELLER DATE
25 AGENT CKNONNTLEDGEMENT AND CERTIFICATION
2,3 A.,geTit.fLicensee represents that'_A2ent has.informed Seller of Seller's obligations under the Residential Lead-Based-faint
27 'Hazard Reduction Act 42 U.S.C.X4852(d),and is aware of,Aoen.t's responsibilityto ensure compliAnce-
28 The fol lav inb ltai e rei=iev ed the information above.and certify that the Agent,statements are true tothe best aftheir knowledge and belief.
29 Seller Agent and Buyer Arent must both sign this form.
^0
BROKER FOR SELLER(Company Nam. &), , [,1 1 e_
3'. LICENSEE DATE
32 BROKER FOR B 'LR mpany Name.) re Z. r"I
L)
LICENSEE. tj 7 DATE—
BUYER Andrew D Donnelly
35 DATE OF AGREEmENT June 17,2013
BUYER'S ACKNOWLEDGMENT
37 Buyer has received the pamphlet Pr tecf Yow-Fainifitfirom Lead in YourHowe and has read the Lead'Warning Statement.
38 Buver has reviewed Seller's disclosure ofknown lead-based paint and/or lead-based paint hazards and has received the records
39 and reports re.-ardin2 lead-based paint and-'or lead-based paint hazards identified above.
40. Buyer certifies that to the beswf Buyer's knowledge the above statements are true and accurate..
41
WITNESS BUYER DATE 7A1 2
Andrew D Donnelly
42 WITNESS BUYER DATE
41' NVITNESS BUYER DATE
Pennsylvania Association of REALTORS
Form
-neorted by True Forms' w,"_TrueForms.com 800�-499-91312
COOPER.kTING BROKER COMPENSATION AGREEMENT CBC
(NOT TO BE USED AS ADDENDUM 1-0 AGREEMENT OF SALE)
1 Any chaff-e,idthc cooperatin-broker compensation identified below must be.�=.�ree�i iap€111 prior to the submission{}f ant
2 terms or written offers to purchase the Property.
3. PROPERTY 220 Cumberland Drive Camp Hill PA 17011
4 BUYER Andrew D Donnelly
5 SELLER
6 List.i.na Broker(Company Name): MC Walker Realty
i Selling Broker(Cmnpany Name): Century 21 Realty Services is tire.
8 {j
Buyer exit Transaction Licensee working with Buti'er V+ Subagent for Seller
9 1 i Listing*Broker's offer of cciuipensation, 3% c}Ppurchase Puce,is accepted,
10 OR
11 ! !' Listine, Broker's offer of compensation is..niodified and Listing Broker agrees to pay to Sellin?.Broker of
'+2 J Purchase Pr:ice.
13 LISTING BROKER (Company Name) � �'rf�� MC Walker Realtv
14 ACCEPTED BY DATE
Mark Walker
15 SIrT.UI G BROKER (Company.Nam Century 21 Realty Services
i6 ACCEPTED BY DA'T'E
Cal. Williams
l
CO!'}'RS{ad'1't};;`\S}'L�*A;til:�.4�5OC1AT10\n1'RL:�LTQRS` 26fi.
P-nnsylvania Association of REALTORS' i 4'
Form generated by; frueForms"from P.EVEAL(;R!)sysrr"ts.im. 8004S-9-9612
I I II I A. Settlement Statement (HUD-1)
B. Type of,Loan u
I. FHA 2.Q RHS 3.❑Conv.Unins. 6. File Number: 7. Loan Number: 8. Mortgage Insurance Case Number:
+. VA 5.QX Conv.Ins. R13-176 7700402509
C. Note: This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown.
Items marked"(p.o.c.)"were paid outside the closing,they are shown here for informational purposes and are not included in the totals.
D. Name and Address of Borrower: E. Name and Address of Seller: F. Name and Address of Lender:
Andrew D.Donnelly MORTGAGE NETWORK,INC.
464 Mountain Road Gary A.Thomas,Executor of the 300;ROSEWOOD DRIVE
Soiling Springs,PA 17007 Estate of Carl Stambaugh DANVERS,MA 01923 _
220 Cumberland Drive
Camp Hill,PA 17011
G. Property Location: H. Settlement Agent: 1. Settlement Date:
220 Cumberland Drive PURITY ABSTRACT COMPANY
ramp Hill,PA 17011 3329 MARKET STREET July 31,2013
-ower Allen Township,Cumberland Co. CAMP HILL PA 17011 Ph. (717)737-8359
Place of Settlement:
Century 21 Realty Services
3315 Market St,Camp Hill,PA
Summary of Borrowers transaction K. Summary of Seller's transaction
)0. Gross Amount Due from Borrower: 400. Gross Amount Due to Seller:
)1. Contract sales price 89,900.00 401. Contract sales price 89,900.00
)2. Personal property 402. Personal property
)3. Settlement Char es to Borrower Line 1400 6,370.11 403.
l4. 404.
)5. 405.
Jiustments for items paid by Seller in advance Adjustments for items paid by Seller in advance
)6. COUNTY/TOWNSHIP 07/31/13 to 01/01/14 233.42 406. COUNTYITOWNSHIP 07/31/13 to 01/01/14 23342
V. CITY TAX to 407. CITY TAX to
)8. SCHOOLTAX to 408. SCHOOL TAX to
)9. 3rd Otr Sewer/Refuse 07/31113 to 10/01113 79.32 409. 3rd Qtr Sewer/Refuse 07/31/13 to 10/01/13 79.32
0.
410.
1. 411..
2• 412.
:0. Gross Amount Due from Borrower 96,582.85 420, Gross Amount Due to Seller 90,212.74
10. Amounts Paid by or in Behalf of Borrower 500. Reductions in Amount Due Seller.
)1. Deposit or earnest money 2,000.00 501. Excess deposit see instructions
12. Principal amount of new loans 80,910.00 502. Settlement charges to Seller Line 1400 6,313.00
13. Existing loans taken subject to 503. Existing loans taken subject to
14. APPLICATION DEPOSIT 400.00 504. Payoff First Mortgage
'S. 505. Payoff Second Mortgage l
506.
7. 507. (Deposit disb.as proceeds)
8. 508.
9• 509. 1
.I'ustments for items unpaid by Seller Adjustments for items unpaid by Seller
0. COUNTY/TOWNSHIP to 510. COUNTY/TOWNSHIP to
7 CITY TAX to 511. CITY TAX to
2. SCHOOL TAX 07/01/13 to 07/31/13 79.66 512. SCHOOLTAX 07/01/13 to 07/31/13 79.66
3. 513.
4.
514.
5. 515.
5' 516.
7. 517.
9. 518.
9. 519.
). Total Paid by/for Borrower 83,389066 520. Total Reduction Amount Due Seller 6,392.66
). Cash at Settlement from/to Borrower 600. Cash at settlement to/from Seller
I. Gross amount due from Borrower line 120 96,582.85 601. Gross amount due to Seller line 420 90,212.74
?. Less amount paid by/for Borrower(line 220) ( 83,389.66) 602. Less reductions due Seller(line 520) ( 6,392.66
1. Cash X❑From 0 To Borrower 13,193.19 603. Cash XO To From Seller 83,820.08
'aitl a.ASide of Uosing q'EorroAer(B),seller(S),lander(u,or third-party(T) -
ie undersigned hereby acknowledge receipt of a completed copy of this statement&any attachments referred to herein
Borrower Seller
. Estate Carl Stambaug
Andrew D.Donnelly
BY: /lti�''I�GNC/
Ga yA.Thom ,Exe lot
Pudic Reporting Burden fa this ccile,fio,of irdorma5on is estimated at 35 minutes ps respa eta cdlecfirg,revieAiM,and reporfiN the data.This agency may rd collect the irfam slim,and you are rot ream red to complete
form,urdess It dselays a cvrerdly valid OMB control nanber.No corfidentiality is assved:this dsclmv a is mandatoy.TMs is designed to provide the parties to a R ESPAwver ed transaclim W th irform ali on Mirgthe sedlement
:ess,
Page 1 of 3 HUD-1
(DONN ELLY.220.P FD/P.13-176/20)
-1 w r rr sson fine I uu/as rarows. Borrowers Sellefs
1.$ 2,697.00 to Walker Realty Funds at Funds at
2.$ 2,697.00 to CENTURY 21 REALTY SERVICES Settlement Settlement
3.Commission paid at settlement 5,394.00
4.
5.
S. ADD'L COMMISSION to CENTURY 21 REALTY SERVICES 295.00
0.Items Payable in Connection with Loan
1.Our origination charge $ 974.00 from GFE#1
2.Your credit or charge(points)for the snefc interest rate chosen $ from GFE#2
3 Your adiusted origination charges from GFE#A 974.00
1.Appraisal fee to SHOCK INC. from GFE#3 395.00
5.Credit Report to BIRCHWOOD CREDIT SERVICES from GFE#3 60.00
5.Tax service to from GFE#3
7_Flood certrfication to LPS NATIONAL FLOOD from GFE 43 10.00
3.FNMA LO]UPDATE to BIRCHWOOD CREDIT SERVICES from GFE#3 25.00
3. from GFE#3
from GFE#3
(from GFE#3)
).Items Required by Lender to Be Paid in Advance
I.
DaIIj interest charges from 07/31/13 to 08/01113 1 @ $9.700000/da from GFE#10 9.70
?.Mortgage insurance premium for months to MORTGAGE NETWORK,INC. (from GFE#3) ONE TIME MIP 1,108.47
s.Homeowner's insurance for 1.0 years to THE CINCINNATI INS CO (from GFE#11) $288 POC/B
(from GFE#11)
(from GFE#11)
10.Reserves Deposited with Lender
11.Initial deposit for your escrow account (from GFE#9) 301.74
Q.Homeowner's insurance 3.000 months @ $ 24.00 per month $ 72.00
13.Mortgage insurance months @ $ per month $
,4.Property taxes $
COUNTYTAX months a $ per month
CITY TAX months @ $ per month
SCHOOLTAX months @ $ per month
5. $ 438.14
COUNTYITOWNSHIP 6.000 months $ 46.10 per month
SCHOOL TAX 2.000 months 80.77 per month
6. months @ $ per month $
7. months @ $ per month $
8. $
9. AGGREGATE ADJUSTMENT $ -208.40
U.Title Charges
1. Title services and lender's title insurance (from GFE#4) 1,117.50
2. Settlement or dosing fee $
3. Owner's title insurance to FIRSTAMERICAN TITLE INS.CO. (from GFE#5) ' SALE 49.50
1. Lender's title insurance to FIRST AMERICAN TITLE INS.CO. $ 945.50 SALE
5. Lender's title policy limit $ 80,910.00
3. Owner's title policy limit $ 89,900.00
7. Agent's portion of the total title insurance premium to PURITY ABSTRACT COMPANY $ 845.74
3. Underwriter's portion of the total title insurance premium to FIRSTAMERICAN TITLE INS.CO. $ 149.26
). Notary Fee to Notary Clerk $ 10.00
3. $
TAX CERT.FEE to PURITYABSTRACT COMPANY $ 10.00
$
I. $
).Government Recording and Transfer Charges
1.Government recording charges to RECORDER OF DEEDS from GFE#7 156.00
2.Deed $ 67.00 Morf a e $ 89.00 Releases $ Other $
3.Transfer taxes to RECORDER OF DEEDS (from GFE#8) 899.00
I.City/County tax/stamps $ 899.00 $ 899.00
5.State tax/stamps $ 899.00 $
i.
I.Additional Settlement:Charges`-
Required services that you can shop for (from GFE#6)
1. 2013 SCHOOL TAXES to BONNIE K.MILLER,TREASURER $ 969.20
$
1,Total Settlement Charges(enter on lines 103,Section J and 502,Section K) - 6,370.11 - 6,313.00
id outside of closing by bwr�(B),sdler(S).lendrx(L).a thrd-party(T)
)nlrg Pagel Of hie alal-N,the slgrulories ackncWedge receipt d acwpetW copy of Page283 dhs lkee page
PURI AB TRACT COMPANY,Settlement Agent
:ified to be a true copy.
Page 2 of 3 HUD-1
(DONN ELLY.220.PF D/P.13-176/19)
)ur origination charge # 601 974.00 974.00
'our adjusted origination charges # 803 974.00 974.00
'ransfertaxes j #1203 899.00 899.00
:harges That in Total Cannot Increase More than 10% Good Faith Estimate HUD-1
government recording charges #1201 150.00 156.00
opraisaIfee # 804 400.00 395.00
:rech report # 805 77.50 60.00
lood certification # 807 10.00
NMA LQI UPDATE # 808 25.00
lortgage Insurance Premium # 902 1,108.47 1,108.47
itle services and lender's title insurance 91101 1,220.00 1,117.50
Wrier's title insurance to FIRST.AMERICAN TITLE INS.CO. #1103 1 100.00 49.50
Total 3,055.97 2,921.47
Increase between GFE and HUD-1 Charges $ -134.50 or -4.40%
harges That Can Change Good Faith Estimate HUD-1
i tial deposit for your escrow account #1001 1,746.00 301.74
ail,/interest charges # 901 $ 9.700000/day 9.70 9.70
omeowner's insurance # 903 600.00 288.00
)an Terms
our initial loan amount is $80,910.00
our loan term is 30.00 years
our initial interest rate is 4.3750
our initial monthly amount owed for principal,interest and $403.97 includes
ny mortgage insurance is Q Principal
0 Interest
❑ Mortgage Insurance
'an your interest rate rise? ❑X No ❑ Yes,d can rise to a maximum of %.The first
change will be on and can change again every_months after
Every change date,your interest rate can increase or decrease
by %. Over the Irfe of the loan,your interest.rate is guaranteed
to never be lower than %or higher than %.
ven if you make payments on time,can your loan balance rise? ❑X No ❑ Yes,it can rise to a maximum of$
ven if you make payments on time,can your monthly ❑X No ❑ Yes,the first increase can be on and the monthly
mount owed for principal,interest,and mortgage insurance rise? amount owed can rise to$
The maximum lt can ever rise to is$
oes your loan have a prepayment penalty? ❑X No ❑ Yes,your maximum prepayment penalty is$
oes your loan have a balloon payment? ❑X No ❑ Yes,you have a balloon payment of$
due in_years on
otal monthly amount owed including escrow account payments ❑ You do not have a monthly escrow payment for items,such as property
taxes and homeowner's insurance. You must pay these items directly
yourself.
❑X You have an additional monthly escrow payment of$150.87 that results
in a total initial monthly amount owed of$554.84. This includes
principal,interest,any mortgage insurance and any items checked below:
❑X Property taxes ❑X Homeowner's insurance
❑ Flood insurance ❑
❑ ❑
rte: If you have any questions about the Settlement Charges and Loan Terms listed on this form,please contact your lender.
Page 3 of 3 HUD-1
(DONN ELLY.220.PFD/R 13-176/19)
MULJ- enT
Borrower(s):Andrew D. Donnelly Selle(s): Gary A.Thomas, Executor of th
` 464 Mountain Road 220 Cumberland Drive
Boiling Springs, PA 17007 Camp Hill, PA 17011
Lender:MORTGAGE NETWORK, INC.
Settlement Agent:PURITY ABSTRACT COMPANY
(717)737-8359
Place of settlement:Century 21 Realty Services
3315 Market St, Camp Hill, PA
Settlement Date:July 31, 2013
Property Location:220 Cumberland Drive
Camp Hill, PA 17011
Cumberland County, Pennsylvania
Additional Adjustments For Items Paid By Seller In Advance(Borrower Debit)
Description Amount From/Through Prorated Amount
3rd Qtr Sewer/Refuse 117.70 07/01/13 through O9/30/13 .79.32
Total Line 1091409 79.32
Adjusted Origination Charge Details
Origination Charge
ORIGINATION CHARGE 895.00
to MORTGAGE NETWORK, INC.
TAX SERVICE FEE 79.00
to MORTGAGE NETWORK, INC.
Total $ 974.00
Origination Credit/Charge(points)for the specific interest rate chosen
Total $
Adjusted Origination Charges $ 974.00
Reserves Deposited with Lender
Homeowner's Insurance 72.00
3.000 at 24.00 per month
COUNTY/TOWNSHIP 276.60
6.000 at 46.10 per month
SCHOOL TAX 161.54
2.000 at 80.77 per month
AGGREGATE ADJUSTMENT- -208.40
Total $ 301.74
Title Services and Lender's Title Insurance Details BORROWER SELLER
CPL Fee 75.00
to FIRST AMERICAN TITLE INSURANCE CO.
Email Document Retrieval 50.00
to PURITY ABSTRACT COMPANY
Notary Fee 30.00
to Notary Clerk
Overnight Fee/Package 17.00
to PURITY ABSTRACT COMPANY
Lender's title insurance SALE 945.50
to FIRST AMERICAN TITLE INS. CO.
WARNING: It is a crime to knowingly make false statements to the United States on this or any similar form. Penalties upon conviction can
include a fine and imprisonment. For details see: Title 18 U.S.Code Section 1001 and Section 1010.
(D ONNELLY.220.PF D/P.13-176/19)
Total $ 1,117.50 $ 0.00
Owner's Title Insurance BORROWER SELLER
Owner's Policy Premium 49.50
to FIRST AMERICAN TITLE INS. CO.
Total $ 49.50 $ 0.00.
Lender's Title Insurance BORROWER SELLER
'fees also shown above in Title Services and Lenders Title Insurance Details
Lender's Policy Premium 795.50
to FIRST AMERICAN TITLE INS.CO.
Lender's Endorsement Charges 150.00
Endorsement Endorsement Charge
END 100 50.00
END 300 50.00
END 900 50.00
Total $ 945.50 $ 0.00
WARNING: It is a crime to knowingly make false statements to the United States on this or any similar form. Penalties upon conviction can
include a fine and imprisonment. For details see: Title 18 U.S.Code Section 1001 and"§ection 1010.
(DONN ELLY.220.PFD/P.13-176/19)
Tax Parcel No . 13-23-0555-042
THIS INDENTURE,
A14DETHE day of two thousand thirteen
(2013)
BETWEEN GARY A. THOMAS, Executor of the Last Will and
Testament of Ross Carl Stambaugh, a/k/a Carl
Stambaugh, late of Lower Allen Township.,
Cumberland County, Pennsylvania, party of the
"first part,
and ANDREW D. DONNELLY, a single man, of Boiling
Springs, Cumberland County, Pennsylvania, party of .
the second part : v
WHEREAS, the said Ross Carl Stambaugh, a/k/a Carl Stambaugh, by
his Last Will and Testament, duly proved and recorded in the
Cumberland County Register of Wills Office, Pennsylvania, in
Docket Number 21-13-0438 ; Letters Testamentary being issued on
April 17; 2013 , provided, in pertinent part, as follows :
THIRD: In addition to all powers granted to them
by law and by other provisions of this Will , I give the
fiduciaries acting hereunder the following powers,
applicable to all property, exercisable without court
approval and effective until actual distribution of all
property:
(A) To sell at public or private sale , or to
lease, for any period of time, any real or personal
property and to give options for sales, exchanges or
leases, for such prices and upon such terms (including
credit, with or without security) or conditions as are
deemed proper. This includes the power to give legally
sufficient instruments for transfer of the property and
to receive the proceeds of any disposition of it. . . .
FIFTH: I nominate and appoint GARY A . THOMAS, my
first cousin once removed, Executor of this , my Last
Will and Testament. . . .
NOW THIS INDENTURE WITNESSETH, that the said party of the first
part, by virtue of the power and authority aforesaid, in said
Will contained, and in consideration of the sum of Eighty-Nine
Thousand Nine Hundred Dollars ($89, 900 . 00) to him paid by the
said party of the second part, at and before the ensealing and
delivery of these presents, the receipt whereof is hereby
acknowledged, has granted, bargained, sold and conveyed, and does .
hereby grant, bargain, sell and convey to the said party of the
second part, his heirs and assigns forever:
ALL THAT CERTAIN piece or parcel of land, with the buildings and
improvements thereon erected, being known as Lot No . 101, on Plan
of Lots laid out for Allen Park Development Corp . , called
"Cumberland Park". as recorded in Plan Book 4 , Page 86, Cumberland
County records, situate on the northerly side of Cumberland Drive
(formerly Avenue "F") , Cumberland Park, Township of Lower Allen,
County of Cumberland and Commonwealth of Pennsylvania, bounded
and described as follows, . to wit :
BEGINNING at a point on the northerly side of Cumberland Drive
(formerly Avenue "F" ) (50 feet wide) at a distance of one hundred
eighty (180) feet measured south seventy-one (71) degrees fifty-
three (53) minutes thirty (30) seconds west from a point of
tangent on said side of Cumberland Drive (formerly Avenue. 'IF" ) ,
said point of tangent being at the arc distance of two hundred
`twenty-three and ninety7.one one hundredths (223 . 91) feet measured
along a line curving to the left having a radius of two hundred
sixty-one and fifty-seven one hundredths (261. 57) feet from a
point of curve on said side of Cumberland Drive (formerly Avenue
"F" ) ., said point of curve being at the distance of two hundred
twenty-nine and ninety-seven one hundredths (229 . 97) feet
measured north fifty-nine (59) degrees three (3 ) minutes thirty
(30) seconds west from the intersection of the said side of
Cumberland Drive (formerly Avenue "F" ) with the northwesterly
side of Locust Road (formerly Avenue "N" ) (60 feet wide) (both
lines produced) ; thence along said side of Cumberland Drive
(formerly Avenue "F") south seventy-one (71) degrees fifty-three
(53) minutes thirty (30) seconds west a distance of seventy-nine
and thirty-one one hundredths (79 . 31) feet to a point; thence
leaving said side of Cumberland Drive (formerly Avenue "F" ) and
along Lot No.. 102 north eighteen (18) degrees six (6) minutes
thirty (30) seconds west a distance of one hundred fourteen and
sixty-two one hundredths (114 . 62) feet to a point; thence along
l
land now or late of Robert Stoner north seventy-one (71) degrees
fifty-seven (57) minutes thirty (30) seconds east a distance of
seventy-nine and thirty-one one hundredths (79 . 31) feet to a
point ; thence along Lot No. 100 south eighteen . (18) degrees six
(6) minutes . thirty (30) seconds east a distance of one hundred
fourteen and fifty-three one' hundredths (114 . 53 ) feet to the
first mentioned point and place of BEGINNING.
UNDER AND SUBJECT to all applicable restrictions, reservations,
easements and rights of way of record.
HAVING ERECTED THEREON a dwelling house being known and numbered
as 220 Cumberland Drive, Camp Hill, Pennsylvania 17011 .
BEING. the same premises which Allen Park Development Corp. , by
deed dated January 10, 1950 and recorded January 12 , 1950 in the
Cumberland County Recorder of Deeds Office in Deed Book H, Volume
14 , Page 124 , granted and conveyed unto Carl Stambaugh and Doris
M. Stambaugh, husband and wife. The said Doris M. Stambaugh died
May 31, 2005, whereupon full and complete title to the within
described property became vested solely in Carl .Stambaugh, a/k/a
Ross. Carl Stambaugh, surviving spouse, the decedent herein.
TOGETHER with all and singular the rights, liberties, privileges,
hereditaments and appurtenances whatsoever thereunto .belonging or
in anywise appertaining, and the reversions and remainders,
rents, issues and profits thereof, and all the estate, right,
title, interest, property, claim and demand whatsoever of the
said Ross Carl Stambaugh, a/k/a Carl Stambaugh, at and
immediately before the time of his "decease, in law or equity or
otherwise howsoever, of, in, to or out of the same:
TO HAVE AND TO HOLD the said granted premises to the said party
of the second part, his heirs and assigns forever.
AND the said party of the first part, does covenant, promise,
grant and agree; to and with the said party of the second part,
his heirs and assigns, by these presents, that the said party of
the first part, has not done, committed, or knowingly or
willingly suffered to be done, any act, matter or thing what-
soever, whereby the premises aforesaid, or any part thereof, is,
are, shall or may be charged or encumbered, in title, charge or
estate, or otherwise howsoever.
IN WITNESS WHEREOF, the said party of the first part has
hereunto set his hand and seal the day and year above written.
Signed, Sealed and Delivered
in the Presence of
✓t `'' (' ��� (SEAL)
GPAY A. HO , Executor
COMMONWEALTH OF PENNSYLVANIA
SS.
COUNTY OF CUMBERLAND
On this, the 31 day of J o(y 2013 , before me, the
undersigned officer, personally appeared GARY A.. THOMAS, known to. .
me (or satisfactorily proven) to be the person described in the
foregoing instrument, and acknowledged that he executed the same
in the capacity therein stated and for the purposes therein
contained.
IN WITNESS WHEREOF, I hereunto set my hand and official
seal .
COMMONWEALTH OF PENNSYLVANIA
Notarial Seal
Jordan Piscioneri,Notary Public (SEAL)
Camp Hill Boro,Cumberland County NO ubl is
my commission Expires July 31,2016
MEMBER,PENNSYL`JANIA P550CIATION OF NOTARIES mmi s s 1 on Expires :
CERTIFICATE OF RESIDENCE.
I do hereby certify that the precise residence and complete
post office address of the within named grantee is220 C�/✓,�t?�/c,��,�,�
/2,4
L"/y 31 2013
ney/Agent for Grantee
Rev-1508 EX+(11-10)
` SCHEDULE E
pennsylvania CASH, BANK DEPOSITS, & MISC.
DEPARTMENT OF REVENUE
INHERITANCE TAX RETURN PERSONAL PROPERTY
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
Stambaugh, Ross Carl 21-13-0438
Include the proceeds of litigation and the date the proceeds were received by the estate.
All property jointly-owned with the right of survivorship must be disclosed on schedule F.
ITEM VALUE AT DATE
NUMBER DESCRIPTION OF DEATH
1 Cash-found in residence 58.00
2 PNC Bank-Checking Account No.5140061238. The date of death balance was$119,740.25. 119,740.25
3 2004 Chevrolet Aveo-VIN#KL1TD52604B201995. Sold at private sale. 4,000.00
4 Personal Property-Sold at auction 3,312.25
5 AARP-health insurance premium refund '1,779.75
6 Direct TV-Refund 10.60
7 Erie Insurance-Refund of automobile insurance premium 297.00
8 Erie Insurance-Refund of homeowner's insurance premium 129.00
9 UGI-Refund 11.49
TOTAL(Also enter on Line 5, Recapitulation) 129,338.34 .
(If more space is needed,additional pages of the same size)
Copyright(c)2010 form software only The Lackner Group, Inc. Form PA-1500 Schedule E(Rev. 11-10)
May 20,3.01;
M�ckez�.�e lr�ir!
RN C Blank
Hampden Branch
RE: Foss Carl Stambauzh
SSh: 179-12-5337
DOD: 03-31-2013
Dear Sir./Madam:
in respoase to your request for]date of Death (DOD) balances for the ctMomer noted above,our
records shove the following:
Checking Account
Account 0 3140061238 Established: 10-01-1959
ROSS CARL STAMB AtJGH
DOD balance: S 119,740.23 — 0.06 accrued interest
Please note that tt6s office provides date of deatlzbalances for deposit accounts(]RAs,CDs,Checking and
Savzzigs). '%e do not process any financial transactions or provide gttttements. If you need assistance vlith
any of these items,please call I -M-PNC-BANK(1-M-762-226S) of stop by your local PNC Bank branch
office.
Szncerel�r, - '
National Financia: Seri,ices Center
PNC Bain,N.A.
Member FDIC
This.mexsage is inrended for the use of the individual or entity to x1hich it is addressed and may
contain information rhaT is privdeged.. confidential and exempt from disclosure under applicable lmv.
Bathe reader of this message is not the intended recipienr or the employee or agent responsible_for
delivering this message to the intended recipient,you care hereby notified that any dissemination,
disrribu:ion or copying of this comet-unications is strictlyprohibited. If you have received this
communication in,error,please notifi!me immediately by reply or by ielenhone at 800-762-1"75 and
itnmediarery destroy this faxed document.
Page 1 of 1
REV-7511 EX+(70-09) SCHEDULE H
pennsylvania
DEPARTMENT OF REVENUE FUNERAL EXPENSES AND
RESIDENT EDEN TURN ADMINISTRATIVE COSTS
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
Stambaugh, Ross Carl 21-13-0438
Decedent's debts must be reported on Schedule I.
ITEM DESCRIPTION AMOUNT
NUMBER
A. FUNERAL EXPENSES:
See continuation schedule(s)attached 2,325.00
B. ADMINISTRATIVE COSTS:
1. Personal Representative's Commissions
Name of Personal Representative(s)
Street Address
City State ZiD
Year(s)Commission Paid
-2. Attornev's Fees Bogar& Hipp Law Offices 10,500.00
3. Family Exemption: (If decedent's address is not the same as claimant's,attach explanation)
Claimant
Street Address
City State ZiD
Relationshio of Claimant to Decedent
4. Probate Fees 383.50
5. Accountant's Fees
6. Tax Return Preparer's Fees
7. Other Administrative Costs 10,639.24
See continuation schedule(s)attached
TOTAL(Also enter on line 9, Recapitulation) 23,847.74
Copyright(c)2009 form software only The Lackner Group,Inc. Form PA-1500 Schedule H(Rev. 10-09)
SCHEDULE H
FUNERAL EXPENSES AND ADMINISTRATIVE COSTS
continued
ESTATE OF FILE NUMBER
Stambaugh, Ross Carl 21-13-0438
ITEM
NUMBER DESCRIPTION AMOUNT
Funeral Expenses
1 Neill Funeral Home-cremation 2,325.00
H-A 2,325.00
Other Administrative Costs
2 Alfred R.Isopi-lawn mowing and exterior maintenance 900.00
3 Bonnie K. Miller,Tax Collector-school tax 79.66
4 Century 21 -realtor's commission .2,697.00
5 Cumberland Law Journal-Executor's Notice' 75.00
6 Hares Auction-Auctioneer's commission and fees 1,334.90
7 Lower Allen Township-sewer and refuse bill 254.59
8 Michael T. Lehmer-home repairs 100.00
9 Neill Funeral.Home--additional death certificates 60.00
10 PA American Water-water bill 51.25
11 PA American Water-water bill 1.44
12 PA American Water-water bill 14.31
13 PA American Water-water bill 11.91
14 PNC Bank-check printing fee 50.67
Copyright(c)2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H(Rev.6-98)
SCHEDULE H
FUNERAL EXPENSES AND ADMINISTRATIVE COSTS
continued
ESTATE OF FILE NUMBER
Stambaugh, Ross Carl 21-13-0438
ITEM
NUMBER DESCRIPTION AMOUNT
15 PPL-electric bill 68.47
16 PPL-electric bill 3.21
17 PPL-electric bill 30.55
18 Purity Abstract-notary fee 10.00
19 Purity Abstract-tax certification fee. 10.00
20 Recorder of Deeds-Realty Transfer Tax 899.00
21 Register of Wills-Additional Short Certificates 30.00
22 RESERVES:-Costs to conclude the administration of the Estate, including bank fees, 500.00
preparation and filing final personal income tax returns
23 Richard Derr-trash hauling fee 450.00
24 The Sentinel-Executor's Notice 157.68
25 UGI-gas bill 103.25
26 UGI -gas bill 40.12
27 UGI -gas bill 9.23
28 Walker Realty-realtor's commission 2,697.00
1-1-137 10,639.24
Copyright(c)2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H(Rev.6-98)
REV-1513 EX+(01-10)
pennsylvania SCHEDULE J
DEPARTMENT OF REVENUE
INHERITANCE TAX RETURN BENEFICIARIES
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
Stambaugh, Ross Carl 21-13-0438
NAME AND ADDRESS OF RELATIONSHIP TO SHARE OF ESTATE AMOUNT OF ESTATE
NUMBER PERSON(S)RECEIVING PROPERTY DECEDENT (Words) ($$$)
o Not Lis rustee s
I TAXABLE DISTRIBUTIONS [include outright spousal
distributions,and transfers
under Sec.9116(a)(1.2)]
Gary A.Thomas Cousin Rest,Residue
14 Circle Drive and Remainder
Camp Hill, PA 17011
. l
Total
Enter dollar amounts for distributions shown above on lines 15 through 18 on Rev 1500 cover sheet, as appropriate.
NON-TAXABLE DISTRIBUTIONS:
II. A.SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN
B.CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS
TOTAL OF PART II-ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET
Copyright(c)2010 form software only The Lackner Group, Inc. Form PA-1500 Schedule J(Rev.01-10)
LAST WILL AND TESTAMENT
OF
ROSS C. STAMBAUGH
I, ROSS C. STAMBAUGH, of Camp Hill, Cumberland County,
Pennsylvania, make, publish and declare this as and for my Last
Will and Testament, hereby revoking all other Wills and Codicils
heretofore made by me .
FIRST: I devise and bequeath all the rest, residue and
remainder of my estate of whatever nature and wherever situate,
including any property over which I hold power of appointment and
together with any insurance policies thereon, to GARY A. THOMAS,
my first cousin once removed, of 14 Circle Drive, Camp Hill,
Pennsylvania 17011 .
SECOND: Should GARY A. THOMAS predecease me, I devise
and bequeath all the rest, residue and remainder of my estate of
whatever nature and wherever situate, including any property over
which I hold. power of appointment and together with any insurance
policies thereon, in equal shares, to the following specifically
named individuals, LUCY WOLF, my niece, of 283 Frost Road,
Gardners, Pennsylvania 17324 ; DALE STAMBAUGH, my nephew, of 34
North Penn Street, Shippensburg, Pennsylvania 17257 ; and GAIL
t J
DELFIN, my niece, of 6 Fawn Drive, Reading, Pennsylvania 19607 .
Should any of these specifically named individuals predecease me,
I .give and bequeath such individual' s share, in equal shares, to
the surviving individuals as provided herein.
"v THIRD: In addition to all powers granted to them by
law and by other provisions of this Will, I give the fiduciaries
acting hereunder the following powers, applicable to all proper-
ty, exercisable without court approval and effective until actual
distribution of all property:
(A) To sell at public or private sale, or to lease,
for any period . of time, any real or personal property and to give
options for sales, exchanges or leases, for such prices and upon
such terms (including credit, with or without security) or
conditions as 'are deemed proper. This includes the power to give
legally sufficient instruments for transfer of the property and
to receive the proceeds of any disposition of it .
(B) To partition, subdivide, or improve real estate
and to enter into agreements concerning the partition, subdivi-
sion, improvement, zoning or management of real .estate and to
impose or extinguish restrictions on real estate .
(C) To compromise any claim or controversy and to
abandon any property which, is of little or no value .
(D) . To invest in all forms of property, including
stocks, common trust funds and mortgage investment funds, without
restriction to investments authorized for Pennsylvania fiduci-,
aries, as are. deemed proper, without regard to any principle of
diversification, risk or productivity.
(E) To exercise any option, right or privilege granted
in insurance policies or in other investments .
(F) To exercise any election or privilege given by the
Federal and other tax laws, including, but not necessarily being
limited to, personal income, gift and estate or inheritance tax
laws .
(G) To make distributions to my herein named benefici-
aries in cash or in kind or partly in each.
(H) To borrow money from themselves or others in order
to pay debts, taxes, or estate or trust administration expenses,
'j to protect or improve any property held under my will, and for
investment purposes .
(I) To select a mode of payment under any qualified
retirement plan (pension plan, profit sharing plan, employee
2
stock ownership plan, or any other type of qualified plan) to the
extent the plan or the law permits them to do so, and to exercise
any other rights which they may have under the plan, .in whatever
manner they consider advisable .
FOURTH: I direct that all inheritance, estate, trans-
fer, succession and death taxes, of any kind whatsoever, which
may be payable by reason of my death, whether or not with respect
to property passing under this Will, shall be paid out of the
principal of my residuary estate.
FIFTH: I nominate and appoint GARY A. THOMAS, my first
cousin once removed, Executor of this, my Last Will and Testa-
ment . In the event of the death, resignation or inability to
serve for any reason whatsoever of the said GARY THOMAS, I
nominate and appoint JAMES D. BOGAR, of 1 West Main Street,
Shiremanstown, Pennsylvania, Executor of this, my Last Will and
Testament . I direct that my Executor or Executors, as the case
may be, and their successors, shall not be required to post
security. or a bond for the performance of their duties in any
jurisdiction.
IN WITNESS WHEREOF, I have hereunto set my hand and
seal to this, my Last Will and Testament, this day of
2012 .
— (SEAL)
ROSS C. STAMBAUGH
3
Signed, sealed, published and declared by the above-
named Testator as and for his Last Will and Testament in our
presence, who, at his request, in his presence and in the
presence of each other, have hereunto subscribed our names as
attesting witnesses .
/2Z
�i
-Address
Address
4
ACKNOWLEDGMENT AND AFFIDAVIT
COMMONWEALTH OF PENNSYLVANIA
SS .
COUNTY OF CUMBERLAND
We, 1�zl la �. T ) Oy- no
and ROSS C. STAMBAUGH, t e Testator in and the undersi ned
witnesses to the Last Will and Testament, the attached forgoing
instrument, who have signed the instrument, having been qualified
according to law do depose and say:
(a) that I, Testator, do hereby acknowledge that I signed
the instrument as my Last Will and Testament, that I signed it
willingly and as my free and voluntary act for the purposes
therein expressed; and
(b) that we, the witnesses, were present and saw the
Testator sign the instrument as his Last Will and Testament, that
he signed it willingly and executed it as his free and voluntary
act for the purposes therein expressed, that each of us in the
hearing and sight of Testator signed the Will as a witness and
that to the best of our knowledge, the Testator was at the time
at least eighteen (18) years of age, of sound mind and under no
constraint or undue influence .
ROSS C. STAMBAUGH, Testa or
Witness
Witness
Subscribed, sworn to and acknowledged before me by ROSS C.
STAMBAUGH, the Testator, and subscribed and sworn to before me by
JL#i� � 3.� � �r and �L41*� � . IBC �i� the
witnesses, this ( � day of &e.pT. 2012.'' i
Notary Public a
M W AUH OF PENNSYLVANIA
NOTARIAL L SEAL
BETH B.LENGEL,NOTARY PUBLIC
SHIREMANSTOWN BORO,CUMBERLAND CO"
MY COMMISSION EXPIRES DECEMBER 12,2016