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HomeMy WebLinkAbout12-30-13 (2) 1505610140 REV-1500 EX (02-11)(FI) OFFICIAL USE ONLY PA Department of Revenue Bureau of Individual Taxes County Code Year File Number PO BOX 280601 INHERITANCE TAX RETURN Harrisburg,PA 17128-0601 RESIDENT DECEDENT 2 1 1 3 0 6 6 1 ENTER DECEDENT INFORMATION BELOW ^ Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY 0 5 2 7 2 0 1 3 0 7 3 1 1 9 1 8 Decedent's Last Name Suffix Decedent's First Name MI F A G A N M A R Y K (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 0 1.Original Return 2.Supplemental Return 3. Remainder Return(Date of Death Prior to 12-13-82) El 4. Limited Estate 4a.Future Interest Compromise(date of 5.Federal Estate Tax Return Required death after 12-12-82) QX 6. Decedent Died Testate 7. Decedent Maintained a Living Trust 8.Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust.) E] 9.Litigation Proceeds Received 10.Spousal Poverty Credit(Date of Death El 11.Election to Tax under Sec.9113(A) Between 12-31-91 and 1-1-95) (Attach Schedule O) CORRESPONDENT-THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytim F3relephone Neer X H U B E R T X - G I L R 0 Y 7 197;x° 2 4 7 32394 1 C-D cr, RRr—GIATER"OF W L�,�yS USF�.t M CZ) First Line of Address 1 0 E A S T H I G H S T R E E T = c Second Line of Address --I L:7 Ct� T1 City or Post Office State ZIP Code DATE FILED C A R L I S L E P A 17 0 1 3 Correspondent's e-mail address: HGILROY@MARTSONLAW.COM Under penalties of perjury,I declare that 1 have examined this return,including accompanying schedules and statements,and to the best of my knowledge and belief, it is tr e,correct and complete.Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. SIG TURE Py PERSO. SPO E FOR KING RETURN DATE A RESS 3 8 OM AMOR-OAD NEW CUMBERLAND PA 17070 SIGNA R O R R OT R THAN REPRESENTATIVE AT Q oo 13 ADD 10 EAST HIGH S EET CARLISLE PA 17013 PLEASE USE ORIGINAL FORM ONLY Side 1 1505610140 1505610140 1505610240 REV-1500 EX(FI) Decedent's Social Security Number Decedent's Name: M A R Y K• F A G A N RECAPITULATION 1. Real Estate(Schedule A) . .. . . . . . . . . . . . . . . . . . . . . . . . .. . .. . . . . . . . . . . . . 1. 1 . 5 0 0 0 0 . 0 0 2. Stocks and Bonds(Schedule B) . . . . . . . . . . . . .. . . ... . . . . . .. .. . .. . . . . . .. 2. 6 8 4 8 5 3 . 7 5 3. Closely Held Corporation,Partnership or Sole-Proprietorship(Schedule C) . . . . . 3. 4. Mortgages and Notes Receivable(Schedule D) . . ... . . .. .. . .. . .. . .. . . . . . . 4. , 5. Cash,Bank Deposits and Miscellaneous Personal Property(Schedule E). . . . . . . 5. 3 3 8 2 0 9 . 1 3 6. Jointly Owned Property(Schedule F) ❑ Separate Billing Requested . .. . . . . 6. 0 . 0 0 7. Inter-Vivos Transfers&Miscellaneous N n-Probate Property (Schedule G) b Separate Billing Requested . . . . . . . 7. 0 . 0 0 8. Total Gross Assets(total Lines 1 through 7) .. .. . . . . . .. .. .. . . .. . . ... . . . 8. 1 1 7 3 0 6 2 . 8 8 9. Funeral Expenses and Administrative Costs(Schedule H) . . . . . . .. . . . . . . . . .. 9. 6 8 4 7 9 . 3 3 10. Debts of Decedent,Mortgage Liabilities,and Liens(Schedule 1) .. . . ... . . . . . . 10. 5 2 8 . 4 4 11. Total Deductions(total Lines 9 and 10) . . . . . .. .. . .. . . . .. ... .. . . . .. . . . . 11. 6 9 0 0 7 . 7 7 12. Net Value of Estate(Line 8 minus Line 11) . . . . . . . . . . ... . . . . . . ... . . . . . . 12. 1 1 0 4 0 5 5 . 1 1 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made(Schedule J) . ... . ... .. .. .. . ... . .. . 13. 14. Net Value Subject to Tax(Line 12 minus Line 13) .. . . . .. . . . .. . .. . . . . . . . 14. 1 1 0 4 0 5 5 . 1 1 TAX CALCULATION-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.0 _ 0 . 0 0 15. 0 . 0 0 16. Amount of Line 14 taxable at lineal rate X.0_ 0 . 0 0 16. 0 . 0 0 17. Amount of Line 14 taxable at sibling rate X.12 0 . 0 0 17. 0 . 0 0 18. Amount of Line 14 taxable at collateral rate x.15 1 1 0 4 0 5 5 . 1 1 18. 1 6 5 6 0 8 . 2 7 19. TAX DUE . . . .... . . .. . . .. . . . . . . . . . . . . . .. . ... . . ... . . .. . . .. . . . . . .. 19. 1 6 5 6 0 8 . 2 7 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT ❑ Side 2 1505610240 1505610240 REV-1500 EX(FI) Page 3 File Number Decedent's Complete Address: 21 13 0661 DECEDENTS NAME MARY K. FAGAN STREET ADDRESS ----- 1833 RIDGEVIEW DRIVE CITY STATE I ZIP CARLISLE PA 1 17013 Tax Payments and Credits: I. Tax Due(Page 2,Line 19) (1) 165,608.27 2. Credits/Payments A.Prior Payments 150,000.00 B.Discount 7,894.50 Total Credits(A+B) (2) 157,894.50 3. Interest 4. If Line 2 is greater than Line 1 +Line 3,enter the difference.This is the OVERPAYMENT. (3) Fill in oval on Page 2,Line 20 to request a refund. (4) 0.00 5. If Line 1 +Line 3 is greater than Line 2,enter the difference.This is the TAX DUE. (5) 7,713,77 Make check payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1, Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred ...................................................................... ❑ Q b. retain the right to designate who shall use the property transferred or its income ............................... ❑ 0 c. retain a reversionary interest ..................................................................................................... ❑ ❑X d. receive the promise for life of either payments,benefits or care? ....................................................... ❑ 0 2. If death occurred after December 12,1982,did decedent transfer property within one year of death without receiving adequate consideration? ....................................................................................... ❑ Q 3. Did decedent own an"in trust for"or payable-upon-death bank account or security at his or her death? ......... ❑ Q 4. Did decedent own an individual retirement account,annuity or other non-probate property,which contains a beneficiary designation?.................................................................................................. ❑ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES,YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. For dates of death on or after July 1, 1994,and before Jan. 1, 1995,the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3 percent[72 P.S.§9116(a)(1.1)(i)]. For dates of death on or after Jan. 1, 1995,the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0 percent [72 P.S.§9116(a)(1.1)(ii)].The statute does not exempt a transfer to a surviving spouse from tax,and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1,2000: • The tax rate imposed on the net value of transfers from a deceased child 21 years of age or younger at death to or for the use of a natural parent, an adoptive parent or a stepparent of the child is 0 percent[72 P.S.§9116(a)(1.2)]. • The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5 percent,except as noted in(72 P.S.§9116(a)(1)1. • The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12 percent[72 P.S.§9116(a)(1.3)].A sibling is defined, under Section 9102,as an individual who has at least one parent in common with the decedent,whether by blood or adoption. REV-1502 EX+(12-12) pennsylvania SCHEDULE A DEPARTMENT OF REVENUE INHERITANCE TAX RETURN REAL ESTATE RESIDENT DECEDENT ESTATE OF: FILE NUMBER: MARY K. FAGAN 21 13 0661 All real property owned solely or as a tenant in common must be reported at fair market value Fair market vahie Is riefinedas the price at which property would be exchanged between a willing buyer and a willing seller,neither being compelled to buy or sell,both having reasonable knowledge of the relevant facts. Real property that is 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. ITEM Include a copy of the deed showing decedent's interest if owned as tenant in common. VALUE AT DATE NUMBER OF DEATH DESCRIPTION l. Real property located at 1833 Ridgeview Drive,North Middleton Township, 150,000.00 Cumberland County,PA,known as Tax Parcel No.29-17-1585-154,being described in Deed dated November 20, 1959,and recorded in Cumberland County,PA, Book O,Volume 19, Page 359,and being conveyed to Charles C. Fagan and Mary K.Fagan,his wife. Charles C. Fagan died on June 8, 1990, leaving title solely vested in Mary K.Fagan. See attached Settlement Sheet. TOTAL(Also enter on Line 1,Recapitulation.) $ 150,000.00 If more space is needed,use additional sheets of paper of the same size. REV-1503 EX+(8-12) pennsylvania SCHEDULE B DEPARTMENT OF REVENUE STOCKS & BONDS INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER MARY K. FAGAN 21 13 0661 All property jointly owned with right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. 6,400 shares Carlisle Corporation(CUSIP 142339100)($425,736.00+$1,280.00 dividend) 427,016.00 See attached valuation report. 2. 3,072 shares Dover Corporation(CUSIP 260003108) 243,525.12 See attached valuation report. 3. 35 shares Prudential Financial(CUSIP 744320102) 2,360.23 See attached valuation report. 4. 488 shares Flextronics International(CUSIP Y2573F102) 3,568.50 See attached valuation report. 5. 118 shares PNC Financial Corporation(CUSIP 693475105) 8,383.90 See attached valuation report. TOTAL(Also enter on Line 2,Recapitulation) $ 684 853.75 If more space is needed,insert additional sheets of the same size REV-1508 EX+(08-12) pennsylvania SCHEDULE E DEPARTMENT OF REVENUE CASH, BANK DEPOSITS & MISC. INHERITANCE TAX RETURN RESIDENT DECEDENT PERSONAL PROPERTY ESTATE OF: FILE NUMBER: MARY K. FAGAN 21 13 0661 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly owned with right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. M&T Bank,checking account no.411752 11,477.50 See attached. 2. M&T Bank,savings account no. 150004200020937 123,426.76 See attached. 3. M&T Bank,certificate of deposit account no. 31003912754958 106,035.00 See attached. 4. M&T Bank,certificate of deposit account no. 31003911160586 25,381.67 See attached. 5. M&T Bank,certificate of deposit account no. 31003911160578 20,080.33 See attached. 6. M&T Bank,certificate of deposit account no. 31003911160560 19,424.71 See attached. 7. M&T Bank,certificate of deposit account no. 31003910365830 8,240.78 See attached. 8. M&T Bank,certificate of deposit account no. 31003908159609 15,653.02 See attached. 9. Cash in home 1,985.00 10. Highmark Plan-refund 85.10 11. Carlisle Medical Center-refund 200.00 12. Thornwald Home-refund 336.92 13. Shipley Oil-refund 1,955.95 14. American Modern Insurance-refund from homeowner's insurance 76.31 15. PNC-stock dividend deposited after date of death 51.92 16. John Hancock -annuity payments for April and May not deposited until after date of death 404.30 TOTAL(Also enter on Line 5,Recapitulation) $ 338 209.13 If more space is needed, use additional sheets of paper of the same size. Continuation of REV-1500 Inheritance Tax Return Resident Decedent MARY K. FAGAN 21 13 0661 Decedent's Name Page 1 File Number Schedule E -Cash, Bank Deposits, & Misc. Personal Property ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 17. Mass Mutual-annuity payments for April and May not deposited until after date of death 997.74 18. Personal property and household goods 1,000.00 19. County tax proration 62.67 20. School tax proration 1,333.45 SUBTOTAL SCHEDULE E 3,393.86 GRAND TOTAL SCHEDULE E $ 338,209.13 REV-1511 EX+(10-09) pennsylvania SCHEDULE H DEPARTMENT OF REVENUE FUNERAL EXPENSES AND RESIDENT EDEN TURN ADMINISTRATIVE COSTS RESIDENT DECEDENT ESTATE OF FILE NUMBER MARY K. FAGAN 21 13 0661 Decedents debts must be reported on Schedule 1. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. Ewing Brothers Funeral Home 5,464.40 2. Westminster Cemetary-grave opening 1,021.00 3. Rustic Tavern-meal after memorial service 111.06 B. ADMINISTRATIVE COSTS: 1. Personal Representative Commissions: Name(s)of Personal Representative(s) Street Address City State ZIP Years)Commission Paid: 2. Attorney Fees: Martson Law Offices 37,171.00 3. Family Exemption:(If decedent's address is not the same as claimant's,attach explanation.) Claimant Street Address City State ZIP Relationship of Claimant to Decedent 4. Probate Fees: Register of Wills,Cumberland County 783.50 5 Accountant Fees: 6. Tax Return Preparer Fees: 7. M&T Bank,fee to order estate checks 13.49 8. Better Looking Landscaping-pending disposition of property 704.90 9. PPL-pending disposition of property 134.21 10. PPL-final invoice 37.50 IL Robin Sollenberger-school taxes pending disposition of property 2,138.91 12. North Middleton Water Authority-pending disposition of property 253.37 13. CenturyLink-pending disposition of property 180.30 14. CenturyLink-final invoice 165.58 15. York Waste Disposal-pending disposition of property 49.73 16. York Waste Disposal-final invoice 34.72 17. On the Level Remodeling-painting pending disposition of property 6,574.20 18. Gilbert Pro Pest Control-termite treatment pending disposition of property 1,637.70 TOTAL(Also enter on Line 9,Recapitulation) $ 68,479.33 If more space is needed,use additional sheets of paper of the same size. Continuation of REV-1500 Inheritance Tax Return Resident Decedent MARY K.FAGAN 21 13 0661 Decedent's Name Page 2 File Number Schedule H - Funeral Expenses&Administrative Costs -67. ITEM NUMBER DESCRIPTION AMOUNT 19. American Modern Insurance-homeowner's insurance pending disposition of property 434.00 20. Postage 85.55 21. The Sentinel-legal advertising 200.16 22. Cumberland Law Journal- legal advertising 75.00 23. Stock evaluation report 7,75 24. Register of Wills-additional short certificate 5.00 25. Computershare-replacement fee for lost stock certificate 175.61 26. Real estate commission-sale of property 9,000:00 27. Title services and lender's title insurance-sale of property 25.00 28. Transfer tax-sale of property 1,500.00 29. North Middleton Authority-final sewer invoice 45.69 30. Sellers assistance-sale of property 350.00 31. Register of Wills-additional probate 100.00 SUBTOTAL SCHEDULE H-137 12,003.76 REV-1512 EX+(12-12) pennsylvania SCHEDULE DEPARTMENT OF REVENUE DEBTS OF DECEDENT, INHERITANCE TAX RETURN MORTGAGE LIABILITIES&LIENS RESIDENT DECEDENT ESTATE OF FILE NUMBER MARY K. FAGAN 21 13 0661 Report debts incurred by the decedent prior to death that remained unpaid at the date of death,including unreimbursed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. Quest Diagnostic-account payable 63.26 2. CenturyLink-account payable 58.51 3. Millennium Pharmacy Systems-account payable 11.43 4. Thornwald Home-account payable 357.74 5. Mobilex USA-account payable 37.50 TOTAL(Also enter on Line 10,Recapitulation) $ 528.44 If more space is needed,insert additional sheets of the same size. REV-1513 EX+(01-10) pennsylvania SCHEDULE J DEPARTMENT OF REVENUE BENEFICIARIES INHERITANCE TAX RETURN BENEFICIARIES fi G RESIDENT DECEDENT ESTATE OF: FILE NUMBER: MARY K.FAGAN 21 13 0661 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S)RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE I TAXABLE DISTRIBUTIONS [Include outright spousal distributions and transfers under Sec.9116(a)(1.2).J 1. John O.Galvin Collateral 552,027.56 348 Old York Road 1/2 of residue New Cumberland, PA 17070 2. James A.Galvin Collateral 552,027.55 910 South Street 1/2 of residue Avoca,PA 18641 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18 OF REV-1500 COVER SHEET,AS APPROPRIATE. II. NON-TAXABLE DISTRIBUTIONS: A.SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN: 1. B.CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS: 1. TOTAL OF PART II-ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET. $ If more space is needed,use additional sheets of paper of the same size. r LAST WILL AND TESTAMENT OF MAR'S K. FAGAN 1, MARY K. FAGAN, of Cumberland County, Pennsylvania, declare this to be my last will and revoke any will previously made by me. ITEM ONE: I direct that all my debts and funeral expenses, including my gravemarker shall be paid from my residuary estate as soon as practicable after my decease as a part of the expense of the administration of my estate. ITEM TWO: I give, devise and bequeath my entire estate to my nephews, JOHN O. GALVIN and JAMES A.GALVIN,share and share alike per stirpes. I ITEM THREE: I appoint JOHN O. GALVIN,Executor of this my last will. Should he fail to qualify or cease to act as Executor, I appoint JAMES A. GALVIN to act as Executor with the same rights, powers and duties. ITEM FOUR: All estate, inheritance, succession and other taxes, imposed or payable by reason of my death, and interest and penalties thereon, with respect to all property comprising my gross estate for tax purposes, whether or not such property passes under this will,shall be paid out of the principal of my residuary estate,without apportionment or right of reimbursement. ITEM FIVE: I direct that my personal representative or guardian shall not be required to give bond for the faithful performance of their duties in any jurisdiction. ITEM SIX: In addition to the rights and powers given to the fiduciaries by law or elsewhere in this will, I give to my Executor during the full time necessary and for the administration of my estate the following rights and powers to be exercised in his sole discretion. A. To retain any real or personal property which may at any time form a part of my estate so long as he or she deems it advisable. B. To invest in any real or personal property without restrictions to legal investments. r MARY K. PAGAN PAGE ONE OF THREE PAGES C. To repair, alter, improve or lease for any period of time any real or personal property and to give options for leases. D. To sell at public or private sale, for cash or credit, with or without security, to exchange or to partition real or personal property,and to give options for leases. E. To make distribution in kind. F. To compromise claims. IN WITNESS WHEREOF, I have hereunto set my hand this ! day of , 2003. SIGNED �` a �{ MARY K. FA AN The preceding instrument, consisting of this and two other typewritten pages each identified by the signature of the Testatrix was on the day and date thereof signed, published and declared by the Testatrix therein named as and for her last will, in the presence of us,who at her request, in her presence and in the presence of each other have subscribed our names. COMMONWEALTH OF OF PENNSYLVANIA ss COUNTY( OF CUMBERLAND We /7(, [� 61�tv signed and witnesses whosAnames a ned to the attached or foregoing instrument being duly g qualified according to law, do depose and say that we were present and sa.v the Testatrix sign and execute the instrument as her last will; that she signed willingly and executed it as her free and voluntary act for the purposes therein expressed; that each of us in the hearing and sight of the Testarix signed the will as witnesses; and that to the best of our knowledge, the Testatrix was at the time 18 or more years of age, of sound mind and under no constraint or undue influence. PAGE TWO OF THREE PAGES Sworn and subscribed to before me this J��day of HC , 2003. 1 Bridget Ann Corcoran.otarial Seal Nota Public My Boro, CumberlanCounty c y Commission Expires June 10, 2006 Member,PennsylvanlaAssociatlpn,,t .p..� COMMONWEALTH OF PENNSYLVANIA : ss COUNTY OF CUMBERLAND I, Mary K. Fagan whose name is signed to the attached instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my last will; that I signed it as my free and voluntary act for the purposes therein expressed. � y MARY K. FAGAN Sworn and affirmed to and acknowledged before me this day of 2003. Notary P lic Notarial Seal [:Carfi:�sleBoro,n Corcoran, Notary Public Cumberland County ion Expires June 10, 2006 Member,Pennsyivan iaAssociationofNotaries PAGE THREE OF THREE PAGES A. Settlement Statement (HUD-1) V V FINAL IB.Type of Lwn 1.❑FHA 2.❑RHS 3.❑X Conv.Unins. 6.File Number: 7.Loan Number: 8.Mortgage Insurance Case Number: 13.2124GC 1310215356 4.❑VA 5.❑Conv.Ins. C.Note:This form is furnished to give you a statement of actual settlement costs.Amounts paid to and by the settlement agents 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&Address of Borrower: E.Name&Address of Seller: F.Name&Address of Lender: Richard J.Juday,Allegra Marian Franklin The Estate of Mary K.Fagan USAA Federal Savings Bank 2107 Walnut Bottom Rd.,Carlisle,PA 17015 1833 Ridgeview Dr.,Carlisle,PA 17013 10750 McDermott Freeway,San Antonio,TX 78288 G.Property Location: H.Settlement Agent: I.Settlement Date:1 V20/2013 1833 Ridgeview Dr. Guardian Transfer Corporation Disbursement Date:1 V20/2O13 Carlisle,PA 17013 4075 Market St.,Camp Hill,PA 17011 North Middleton Township 717.9094700 Place of Settlement: TitleExpress 4075 Market Street,Camp Hill,PA 17011 Printed 1 V20/2013 at 1:37 pm by JMG J.Summary of Borrower's Transaction K Summary of Seller's Transaction 100. Gross Amount Due from Borrower 400. Gross Amount Due to Seller 101. Contract sales price 150,000.00 401. Contract sales price 150,000.00 102. Personal property 402. Personal property 103. Settlement charges to borrower(line 1400) 7,015.82 403. 104. 404, 105. 405. Adjustments for items paid by seller in advance Adjustments for Items paid by seller in advance 106. Cityltown taxes to 406. City/town taxes to 107. County taxes 11/20/2013 to 12/31/2013 62.67 407. County taxes 1112012013 to 12131/2013 62.67 108. School taxes 11120/2013 to 06130/2014 1,333.45 408. School taxes 11120/2013 to 06130/2014 1,333.45 109, 409. 110. 410. 111. 411. 112. 412. 120• Gross Amount Due from Borrower 158,411.94 420. Gross Amount Due to Seller 151,396.12 200. Amounts Paid by or In Behalf of Borrower 500. Reductions In Amount Due to Seller 201, Deposit or earnest money 1,000.00 501. Excess deposit(see instructions) 202. Principal amount of new loan(s) 112,500.00 502. Settlement charges to seller(line 1400) 10,570.69 203. Existing loos taken subject to 503. Existing loos taken subject to 204. 504. Payoff of first mortgage loan 205. Origination Charge Credit 350.00 505. Payoff of second mortgage loan 206. 506. 207. Sellers Assistance 350.00 507. Sellers Assistance 350.00 208. 508. 209. 509. Adjustments for Items unpaid by seller Adjustments for items unpaid by seller 210. City/town taxes to 510. Cityltown taxes to 211. County taxes to 511. County taxes to 212. School taxes to 512. School taxes to 213. 513. 214. 514. 215. 515. 216. 516. 217. 517. 218. 518. 219. 519. 220• Total Paid by/for Borrower 114,200.00 520. Total Reduction Amount Due Seller 10,920.69 300. Cash at Settlement fromlto Borrower 600. Cash at Settlement tolfrom Seller 301. Gross amount due from borrower(line 120) 158,411.94 601. Gross amount due to seller(line 420) 151,396.12 302. Less amounts paid by/for borrower(line 220) 114,200.00 602. Less reductions in amount due seller(line 520) 10,920.69 303. Cash Q From ❑ To Borrower 44,211.94 603. Cash ❑X To ❑ From Seller 140,475.43 Inis lo�m1"��u 11 d1w.yn q,n.nly vtll0 Dias cw,ed nu�ioDei�no t.nti(l.mltl b..wrm:mia u�urown�e mwx • r.d.i . apaw,m v n ca .o,me .. you- ey" o cam -tl.m.nt mc..s y W.TLb i�da�gn.010 ryovi..l�e pulie�1.•RE6P�c.ver.0 li.n..tlbn WN.M/gT.lbn Eunnp�ne.m Previous editions are obsolete Page 1 of 4 HUD-1 700. Total Real Estate Broker Fees $9,000.00 Paid From Paid From Division of commission line 700 as follows: Borrower's Seller's 701. $4,500.00 to Century 21 A Better Way Funds at Funds at 702. $4,500.00 to Coldwell Banker Homestead Group Settlement Settlement 703. Commission paid at settlement 9,000.00 600. Items Payable In Connection with Loan 801. Our origination charge (Includes Origination Point 0.000%or$0.00) $685.00 (from GFE#1) 802. Your credit or charge(points)for the specific interest fate chosen $562.50 (from GFE#2) 803. Your adjusted origination charges (from GFE A) 1,247.50 804, Appraisal fee to Service Link (from GFE#3) 375.00 805. Credit report to Equifax Mortgage SOlutions (from GFE#3) 15.30 806. Tax service to Corelo is (from GFE#3) 80.00 807. Flood certification to Corelo is Flood Services (from GFE#3) 5.25 808. to 900. Items Required by Lender to be Paid in Advance 901. Daily interest charges from from 1112012013 to 12/0112013 @$13.67191day (from GFE#10) 150.39 902. Mortgage insurance premium for months to (from GFE#3) 903. Homeowners insurance for 1 ears to USAA (from GFE#11) 96932 904. months to from GFE#11 1000,Reseives Deposited with Lender 1001. Initial deposit for your escrow account (from GFE#9) 924.06 1002.Homeowner's insurance 3 months 0$ 80.78/month $242.34 1003.Mortgage insurance months 0$ 0.00/month $ 1004.Property taxes months @$ 0.00/month $ 1005.County taxes 10 months $ 45.39/month $453.90 1006.School taxes 6 months @$ 181.88/month $1,091.28 1007.Aggregate Adjustment $-863.46 1100.Title Charges 1101.Title services and lender's title insurance from GFE#4 1,287.00 25.00 1102. Settlement or closing fee to $ 1103.Owners title insurance-First American Title Insurance Company $ from GFE#5 300.00 1104.Lender's title insurance-First American Title Insurance Company $965.00 1105. Lenders title policy limit$112,500.00 Lender's Policy 1106.Owner's title policy limit$150,000.00 Owner's Policy 1107.Agent's portion of the total title insurance premium $1,075.25 to Guardian Transfer Corporation 1108.Underwriter's portion of the total title insurance premium $189.75 to First American Title Insurance Company 1109. 100 No Vio11100 to First American Title $50.00 Insurance Company 1110.300 Survey1300 to First American Title $50.00 Insurance Company 1111.900 EPL-Res18.1 to First American Title $50.00 Insurance Company 1112.ClosingSvcLtACL to First American Title $75.00 Insurance Company 1200.Government Recording and Transfer Charges 1201.Government recording charges $ (from GFE#7) 162.00 1202•Deed$67.00 Mortgage$95.00 Release$ 1203.Transfer taxes $ (from GFE#8) 1,500.00 1204.City/County tax/stamps Deed$1,500.00 Mortgage$ 1205.StateTax/stamps Deed$1,500.00 Mortgage$ 1,500.00 1206. Deed$ Mortgage$ 1207. $ 1300.Additional Settlement Charges 1301.Required services that you can shop for (from GFE#6) 1302.Final Sewer to North Middleton Authority 45.69 1303. to $ 1304. to 1305. to r r r .MEE= 7,015.82 10,570.69 'Paid outside of closing by(B)orrower,(S)elier,(L)ender,(I)nvestor,Bro(K)er."Credit by lender shown on page 1.-Credit by seller shown on page 1. Previous editions are obsolete Page 2 of 4 HUD-1 Comparison of Good Faith Estimate(GFE)and HUD-11 Charges Good Faith Estimate HUM Charges That Cannot Increase HUD-1 Line Number Our origination charge. # 801. 685.00 685.00 Your credit Rcharge(points)for the specific Interest rate chosen # 802 1,200.00 562.50 Your adjusted origination charges # 803 1,885.00 1,247.50 Transfer taxes # 1203 3,000.001 1,500.00 Charges That In Total Cannot Increase Mote Than 10% • Good Faith Estimate, HUD-1 Government recording charges., # 1201 218.00 162.00 Appraisal fee . #804 375.00 375.00 Credit report # 805 . 15.30 15.30 Tax service # 806 80.00 80.00 Flood certification . # 807 5.25 5.25 # 1303 0.00 0.00 # 693.55 637.55 Increase between GFE and HUD-1 Charges $ -56.00 or -8.0744% Charges That Can Change Good Faith Estimate HUD-1 Initial deposit for your escrow account # 1001 1,697.00 924.06 Daily interest charges from # 90 $13.6719/day' 160.42 150.39 Homeowner's Insurance # 903 282.00 969.32 Title services and lender's title insurance• -# 1161 1,503.75 1,287.00 Owner's title insurance First American Title Insurance Company #,1103 0.00 300.00 # Loan Terms Your Initial loan amount Is $112,500.00 Your loan term is 30.years Your IniFlal'interest rate Is ' 4.3750% Your initial monthly amount owed for principal,Interest,and any mortgage $561.70 includes insurance is ❑X Principal X❑Interest ❑Mortgage Insurance Can your Interest rate rise? X❑No. ❑Yes,it can rise to a maximum of %. The first change will be on I I and can change again every years after I I . Every change date,your interest rate can increase or decrease by %. Over the life of 1 the loan,your interest rate is guaranteed to never be lower than %or higher than `9.. Even if you make payments on time,cah your roan balance rise? ❑X No. ❑Yes,it can rise to a maximum of$ Even N you make,paymenl"s an time,.can yourmoneily amount owed for No. ❑Yes,the first increase can be on I I and the monthly principal',interest,and mortgage insurance rise? amount owed can rise to$ The maximum it can ever rise to is$ Does your loan have a prepayment penalty? FA]No. ❑Yes,your maximum prepayment penalty is$ Does your low.have a balloon payment?; X❑No. ❑Yes,you have a balloon payment of$ due in years on I 1 Total 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$308.05 that results in a total initial monthly amount owed of$869.75. This includes principal,interest,any mortgage insurance and any items checked below: Q Property taxes ❑X Homeowner's insurance ❑Flood insurance ❑X School Taxes ❑ ❑ Note: If you have any questions about the Settlement Charges and Loan Terms listed on this form,please contact your lender. Previous editions are obsolete Page 3 of 4 HUD-1 HUD CERTIFICATION OF BUYER AND SELLER I have carefully reviewed the HUD-1 Settlement Statement and to the best of my knowledge and belief,it is a true and accurate statement of all receipts and disbursements made on my account or by me in this transaction I further certify that I have received a copy of the HUD-1 Settlement Statement. 0 Allegra Mari Franklin THE ESTATE OF MARY K.FAGAN Settlement gent • ,cl The HUD•1 Settlement Statement which I have prepared is a true and accurate account of this transaction.I have caused or will cause the funds to be disbursed in accordance with this statemenL )Qi n ��riz-� -- U-30-13 S TTLEMEN A DATE 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. Previous editions are obsolete Page 4 of 4 HUD-1 Name of Borrower: Name of Seller: File Number: Richard J.Juday - The Estate of Mary K.Fagan 13-2124GC Allegra Marian Franklin Prepared 1112012013 at 1:37 pm Note:This page displays an itemization of the charges shown on line 1101 of the HUD-1 Settlement Statement.This page accompanies but is not a part of the HUD-1 Settlement Statement.If a discrepancy exists,the information on the HUD-1 Settlement Statement applies. 1100.Title Charges Total Charge Borrower Seiler 1101.Title services and lender's title insurance to Wire In to Guardian Transfer Corporation $ 12.00 12.00 Notary Fee-Purchasers to Guardian Transfer Corporation $ 35.00 35.00 Courier Fee-Purchase to Guardian Transfer Corporation $ 15.00 15.00 Electronic Document Fee to Guardian Transfer Corporation $ 35.00 35.00 Notary Fee-Sellers to Guardian Transfer Corporation $ 15.00 15.00 Tax Cert Reimbursement Fee to Guardian Transfer Corporation $ 10.00 10.00 1102.Settlement or closing fee to $ 0.00 1104.Lender's title insurance-First American Titto First American Title Insurance Cr$ 965.00 965.00 1109.100 No Vio11100 to First American Title Insurance G$ 50.00 50.00 1110.300 Survey1300 to First American Title Insurance Cr$ 50.00 50.00 1111.900 EPL-Res18.1 to First American Title Insurance Cr$ 50.00 50.00 1112.ClosingSvcLIrICL to First American Title Insurance G$ 75.00 75.00 Totals: $ 1,312.00 0.00 1,287.00 25.0 Seller/Lender credits shown on page i POC=Paid Outside Closing CR=Lender Credit Previous editions are obsolete Page 1 of 1 HUD-1 15233.1 Estate Valuation Date of Death: 05/27/2013 Estate of: Mary K. Fagan Valuation Date: 05/27/2013 Account: Stocks Processing Date: 06/24/2013 Report Type: Date of Death Number of Securities: 5 File ID: 15233.1.fagan.stocks Shares Security Mean and/or Div and Int Security or Par Description High/Ask Low/Bid Adjustments Accruals Value 1) 6400 CARLISLE COS INC (142339100) COM New York Stock Exchange 05/24/2013 66.54500 65.21000 H/L 05/28/2013 67.68000 66.65000 H/L 66.521250 425,736.00 Div: 0.2 Ex: 05/16/2013 Rec: 05/20/2013 Pay: 06/01/2013 1,280.00 2) 3072 DOVER CORP (260003108) COM New York Stock Exchange 05/24/2013 79.51000 78.18000 H/L 05/28/2013 80.45000 78.95000 H/L 79.272500 243,525.12 3) 35 PRUDENTIAL FINL INC (744320102) COM New York Stock Exchange 05/24/2013 66.51000 65.54000 H/L 05/28/2013 68.79000 67.30000 H/L 67.035000 Div: 0.400000 Ex: 05/24/2013 Rec: 05/29/2013 Pay: 06/20/2013 + 0.400000 67.435000 2,360.23 4) 488 FLEXTRONICS INTL LTD (Y2573F102) ORD The NASDAQ Stock Market LLC 05/24/2013 7,44000 7.23000 H/L 05/28/2013 7.41000 7.17000 H/L 7.312500 3,568.50 5) 118 PNC FINL SVCS GROUP INC (693475105) COM New York Stock Exchange 05/24/2013 71.14000 70.07000 H/L 05/28/2013 72.22000 70.77000 H/L 71.050000 8,383.90 Total Value: $683,573.75 Total Accrual: $1,280.00 Total: $684,853.75 Page 1 This report was produced with EstateVal, a product of Estate Valuations & Pricing Systems, Inc. If you have questions, please contact EVP Systems at (818) 313-6300 or www.evpsys.com. (Revision 7.3.1) p M&T Bank 499 Mitchell Road,Millsboro,DE 19966 Adjustment Services Phone 888-502-4349 F ax (302)934-2955 June 27,2013 Martson Deardorff Williams Otto Gilroy & Faller Law Offices 10 East High Street Carlisle, PA 17013 Re: Estate of Mary K. Fagan Social Security: 203-05-7411 Date of Death: May 27, 2013 Dear Sir or Madam: Per your inquiry on June 24,2013,please be advised that at the time of death,the above-named decedent had on deposit with this bank the following: 1. Type of Account Checking Account Account Number 411752 Ownership(Names qfi Mary K Fagan John O.Galvin(POA) Opening Date 0910111967 Balance on Date of Death $11,477.40 Accrued Interest $ .10 $ , __. - -_,�C i Total 11 477.50__ - �--- ---- :f�4t tYl 2. Type of Account Savings Account Account Number 15004200020937 Ownership(Names qf) Mary K Fagan John O. Galvin(POA) Opening Date 0711611984 Balance on Date of Death $123,420.68 Accrued Interest $ 608 Total $.123,426.76.............. .._........__G C-6. 3. Type of Account Certificate of Deposit Account Number 31003912754958 Ownership(Names oj) Mary K. Fagan Opening Date 1211012007 Balance on Date of Death $105,961.39 Accrued Interest $ 73.61 Total $106,035.00 )L IZ . t 4. Type of Account Certificate of Deposit Account Number 31003911160586 Ownership(Names of) Mary K. Fagan John O. Galvin(POA) Opening Date 1110111991 Balance on Date of Death $25,359.98 Accrued Interest $ 21.69 _,.__ _._. Total $25 381.67. 5. Type of Account Certificate of Deposit Account Number 31003911160578 Ownership(Names q/) Mary K Fagan John O. Galvin(POA) Opening Date 0111111991 Balance on Date of Death S20,072.08 Accrued Interest $ 8.25 _ Total $20,080.33 S L� 6. Type of Account Certificate of Deposit Account Number 31003911160560 Ownership(Names of) Mary K Fagan John O. Galvin(POA) Opening Date 0410511991 Balance on Date of Death $19,422.96 Accrued Interest $ 1.75 Total $19,4 24.71 7. Type of Account Certificate of Deposit Account Number 31003910365830 Ownership(Names of) Mary K Fagan John O. Galvin(POA) Opening Date 0810411999 Balance on Date of Death $8,238.53 Accrued Interest $ 2.55 Total ._$8,_2 4 40..... 0...7.8 .............._..........._..._...... ..LJC 1l _.....'C 8. Type of Account Certificate of Deposit Account Number 31003908159609 Ownership(Names of) Mary K. Fagan John O. GaMn(POA) Opening Date 0411112001 Balance on Date of Death $15,651.86 Accrued Interest $ 1.16 Total _.. 6'._..__...,..._...... . $155,,653.02 ' For any additional information on the above accounts,including ownership and any changes,closures and/or reimbursement of funds, please call the High Street Carlisle at 717-240-4536. We were unable to locate any safe deposit box for the above-mentioned decedent. This letter does not include any accounts in which the deceased may have been listed as Power of Attorney,Custodian of Uniform Transfers, Representative Payee,or Trustee under a Written Agreement. Sincerely, Valarie Mercer Adjustment Services