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HomeMy WebLinkAbout02-04-14 REV-1500 -10) a, 1505610143 PA Department of Revenue CCiy OFFICIAL USE ONLY p pennsytvania Co^.ariy cede Year File Numbs Bureau of Individual Taxes °EP"R"MMOF"FdadM PO BOX.2 80601 INHERITANCE TAX RETURN 21 13 0 911 Harrisburg,PA 1712 8-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 05 10 2013 12 20 1928 Decedent's Last Name Suffix Decedenrs First Name MI BEAR VESTA P (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 x] 1. Original Return ❑ 2 Supplemental Return 3. Remainder Return(date of death prior to 12-13-82) 4. Limited Estate 4a.Future Interest Com Pro mise 5. Federal Estate Tax Return Required (date or death after 12-12-82) Fx1 g Decedent Died Testate ❑ (Attach enemy of Trust) Living Trust B. Total Number of Safe (Attach copy d Wilt Deposit Boxes 9. Litigation Proceeds Received 10.spousal Poverty Credit(date of dealt, 11,Election to tax under Sec 9113(A) bemreen 12-3"1 and 4-1-95) ❑ (Attach Sch.O) CORRESPONDENT-THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number RICHARD L WEBBER JR ESQUI 717 532 7388 REGISTER OF WILIS USE_9WV c Q M First line of address txr r_" 126 EAST FLING STREET w --j Second line of address Cws t� C' or Post Office c� r__DA�E F D rt5► State ZIP Code A. � � f-\) ;-' r'r7 SHIPPENSBURG PA 17257 �_ ti t r- Correspondent's e-mail address: rwebber @weigleassociates.com Under penalties 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,correct and complete.Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN DATE f"1,r ,Jal_4y_ Paul W. Miller ADDRESS 526 Shed Road,Newville,PA 17241 SIGNATURE OF PREPARER OTHER THAN REPRESE ATIVE DATE >r /(/� Richard L.Webber,Jr. Esquire x (' 1 )a ADDRESS 126 East King Street,Shippensburg, PA 17257 Side 1 1505610143 1505610143 PA Inheritance Tax Return Signature of Additional Fiduciaries ESTATE OF FILE NUMBER Bear,Vesta P. 21-13-0911 Under penalties 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,correct and complete.Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. Signature#2 k �0 ID Name Sandra K.Killian Addressl 28 Thompson Creek Drive Address2 City,State,Zip Shippensburg,PA 17257 Date k '� 1505610143 REV-1500 EX(ai-10) 1 OFFICIAL USE ONLY PA Department of Revenue pennsylvania County Code Year File Ntcnbar Bureau of Individual Taxes 0SPAMIEWWREVEME PO BOX.280601 INHERITANCE TAX RETURN 21 13 0 911 Harrisburg,PA 17128-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 05 10 2013 12 20 1928 Decedent's Last Name Suffix Decedent's First Name ICI BEAR VESTA P .(If Applicable)Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouses Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW 1. Original Return ® 2 Supplemental Return 3. Remainder Return(date of death priorto 12-13-82) F] 4.Limited Estate 4a.Future Interest Comproutise ® 5. Federal Estate Tax Return Required (date of death alter 12-12.82) 6. Decedent Died Testate 7. Decedent Maintained a Living Trust 8. Total Number of Safe De (Attach Capy or Will) ❑ (Attach Copy of Trust) posit Boxes 0 9. Litigation Proceeds Received ® 10."pausal Poverty�date oFdeath ® 11.Election to tax under Sea 9113(A) (Attach Sch.O) CORRESPONDENT-THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL.TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number RICHARD L WEBBER JR ESQUI 717 532 7388 REGISTER OF WILLS USE ONLY First line of address 126 EAST KING STREET Second line of address City or Post Office State ZIP Code DATE FILED SHIPPENSBURG PA 17257 / Correspondents e-mail address: rwebber @weigleassociates.com Under penalties of perjury,)declare that I have examined this return,including accompanying schedules and statements,and to the best of my knowledge and belief, it is true,correct and complete.Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN DATE Paul W. Miller ADDRESS _ 526 Shed Road,Newville,PA 17241 SIGNATURE OF PREP OTHERTHAN REPRESENT DATE �{ /1 X Richard L.Webber,Jr. Esquire ADDRESS 126 East King Street,Shippensburg,PA 17257 Side 1 1505610143 1505610143 PA Inheritance Tax Return Signature of Additional Fiduciaries ESTATE OF FILE NUMBER Bear,Vesta P. 21-13-0911 Under penalties of perjury,I declare that I have examined this retum,including accompanying schedules and statements,and to the best of my knowledge and belief,it is true,correct and complete.Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. Signature#2 Game Sandra K.FGlllan Address1 28 Thompson Creek Drive Address2 City,State,Zip Shippe)nsburg,PA 17257 Date ( �- 1505610243 REV-1500 EX Decedents Social Security Number Dead-VsN-e: Bear,Vesta P. RECAPITULATION 1. Real Estate(Schedule A)....................................................................................... 1. 106,000. 00 2. Stocks and Bonds(Schedule B)............................................................................. 2. 250. 00 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. 14,411. 75 6. Jointly Owned Property(Schedule F) ❑ Separate Billing Requested............ 6. 7. Inter-Vivos Transfers&Miscellaneous Nnq Probate Property (Schedule G) �J Separate Billing Requested............ 7. 8. Total Gross Assets(total Lines 1-7)..................................................................... 8. 120, 661. 75 9. Funeral Expenses&Administrative Costs(Schedule H)....................................... 9. 26,802.27 10. Debts of Decedent,Mortgage Liabilities,&Liens(Schedule 1).............................. 10. 1,250.35 11. Total Deductions(total Lines 9&10)................................................................... 11. 28,052. 62 12. Net Value of Estate(Line 8 minus Line 11).......................................................... 12. 92, 609. 13 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. 92, 609. 13 TAX COMPUTATION-SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate,or transfers under Sec.9116 15. 0. 00 (a)(1.2)X.00 16. Amount of Line 14 taxable at lineal rate X .045 92,609- 13 16. 4,167.41 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 0. 00 18. 0. 00 19. Tax Due.................................................................................................................. 19. 4,167.41 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. ❑ Side 2 L 1505610243 1505610243 REV-1500 EX Page 3 File Number 21-13-0911 Decedent's Complete Address: DECEDENT'S NAME Bear,Vesta P. STREETADDRESS 528 Shed Road CITY STATE ZIP Newville PA 17241 Tax Payments and Credits: 1. Tax Due(Page 2,Line 19) (1) 4,167.41 2. Credits/Payments A. Prior Payments B. Discount 0.00 Total Credits(A +B) (2) 0.00 3. Interest (3) 4. If Line 2 is greater than Line 1+Line 3,enter the difference. This is the OVERPAYMENT. (4) Check box on Page 2 Line 20 to request a refund 5. If Line 1+Line 3 is greater than Line 2,enter the difference. This is the TAX DUE. (5) 4,1 67.41 Make Check Payable to: REGISTER OF WILLS, AGENT. T � 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;............................................................................... ❑ ❑x b. retain the right to designate who shall use the property transferred or its income;.................................. ❑ x c. retain a reversionary interest;or............................................................................................................... x d. receive the promise for life of either payments,benefits or care?............................................................ x 2. If death occurred after December 12, 1982,did decedent transfer property within one year of death without receiving adequate consideration?.................................................................................................................... ❑ ❑x 3. Did decedent own an'in trust for' or payable upon death bank account or security at his or her death?....... ❑ ❑x 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 172 P.S.§9116(a)(1.1)()]. For dates of death on or after January 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)(i)]. 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 1.2)[72 P.S.§9116(a)(1)]. •The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12 percent[72 P.S.§9116(a)(1.3)]. A sibling is defined under Section 9102,as an individual who has at least one parent in common with the decedent,whether by blood or adoption. Rev4602 EX+(11-0B) SCHEDULE A REAL ESTATE C&MO.'NWEaTM Or Irk C&MVAMA IMERRANCE TAX REnM RESIDENT DECEDENT ESTATE OF FILE NUMBER Bear,Vesta P. '21-13-0911 An real=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 perty would be exchanged between a v rlimg buyer and a willing seller.neither being compelled to buy or seq bath having reasonable knowledge of the retevant�facts Real property which is jointly-owned with right of survhrorship must be disclosed on schedule F. Attach a copy of the settlement street If the properly has been sold Include a copy of the deed showing decedent's Inlet if awned as tenor.In common. ITEM V VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 Real Estate located in Lower Mifflin Township,,Cumberland County,Pennsylvania with -106,000.00 present mailing address of 528 She Road,Newville,PA 17241,together with*a 2005 Skyline Mobile Home situate thereon(VIN 49110133TAB) TOTAL(Also enter on Line 1,Recapitulation) 106.000.00 (If more space is needed,additional pages of the same size) Copyright(c).2009 form software onty The Lackner Group,Inc— Form PA-1500 Schedule A(Rev.11=08) Rev-1508 BC+(s-98) SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY CONI MIMMEALTH OF PENNSYLVANIA INERITANM TAX RMRN RESIDENT DECFD-NT ESTATE OF FILE NUMBER Bear,Vesta P. 21-13-0911 Indude the proceeds of litigaton and the date the proceeds were rnzeived by the estate. All property jointly-owned with the right of survivorship must be disciosed on schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 3 Point Tilier 400.00 2 Adams County National Bank Account#194034 8,134.62 3 Capital Blue Cross-refund 217.63 4 Goodwill Mutual -Insurance refund 35.00 5 HMA -Refund 129.00 6 PA Treasury-Tax rebate 975.00 7 Personal Property-Gross proceeds from public sale 4,520.50 TOTAL(Also enter on Line 5,Recapitulation) 14,411.75 (If more space is needed,additional pages of the same size) Copyright(c)2002 form software only The Lackner Group,Inc. Form PA-1500 Schedule E(Rev.6-98) REV-1151 E7(+(10-06) SCHEDULE H coNVNVVR€� iSYMMIA FUNERAL EXPENSES & ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER Bear,Vesta P. 21-13-0911 Debts of decedent must be reported on Schedule I. ITEM DESCRIPTION AMOUNT NUMBER A. FUNERAL EXPENSES: See continuation schedule(s)attached 1,495.00 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative(s) Paul W. Miller Street Address 526 Shed Road City Newville state PA zip 17241 Yearfsl Commission paid 2014 5,826.47 2, Attomev's Fees Weigle&Associates,P.C. 6,576.47 3, Family Exemption: (If decedents address is not the same as claimant's,attach explanation) Claimant Street Address City State ziio Relationship of Claimant to Decedent 4. Probate Fees 333.50 5. Accountant's Fees S. Tax Return Preparer's Fees 7. Other Administrative Costs 12,570.83 See continuation schedule(s)attached TOTAL(Also enter on line 9,Recapitulation) 26,802.27 Copyright(c)2009 form software only The Lackner Group,Inc. Form PA-1500 Schedule H(Rev.10-06) SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS continued ESTATE OF FILE NUMBER Bear,Vesta P. 21-13-0911 ITEM NUMBER DESCRIPTION AMOUNT Funeral Expenses 1 Fogeisanger Bricker Funeral Home 1,495.00 H-A 1,495.00 Other Administrative Costs 2 Adams Electric-December 11,2013 payment 32.07 3 Adams Electric-November 14,2013 payment 35.83 4 Adams Electric-January 9,2014 payment 37.14 5 Century 21 -Realtors commission for sale of real estate 6,360.00 6 Cumberland County Recorder of Deeds-Realty transfer tax. 1,060.00 7 Cumberland County Recorder of Deeds-Recording fee for Right-of-Way Agreement 95.00 8 Cumberland County Register of Wills-Short Certificates 25.00 9 Cumberland Law Journal-Legal advertisement 75.00 10 Gary Mentzer,Auctioneer-Expenses of sale 1,344.00 11 Gary Mentzer,Auctioneer-Commission 1,130.13 12 Goodville Mutual Casualty Fire Insurance-Homeowners Insurance 106.00 13 Goodville Mutual Casualty Fire Insurance-Homeowners Insurance 105.00 14 Harland Clark-Checks 18.93 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 Bear,Vesta P. 21-13-0911 ITEM NUMBER DESCRIMION AMOUNT 15 Real Estate Settlement-Buyer assistance 583.00 16 Rosenberry Septic 47.70 17 Rosenberry's Septic Service 957.78 18 T&T Construction and Plumbing-Winterize house 120.00 . 19 T&T Construction and Plumbing-Winterize house 200.00 20 Terry R.Shetter,Auctioneer-Appraisal fee 150.00 21 Valley Times-Star -Legal advertisement 88.25 H-B7 12,570.83 Copyright(c)2002 form software only The Lackner Group,Inc. Form PA-1500 Schedule H(Rev_6-98) Rev-1512 IX+(12-08) SCHEDULE 1 DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS CONa MMEALTH OF ac"'R SrmvANU. P E MANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Bear,Vesta P. 21-13-0911 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 Adams Electric-Outstanding check as of date of death 45.97 2 Adams Electric-August 24,2013 payment 133.64 3 Adams Electric-October 8,2013 payment 35.47 4 Adams Electric-September 12,2013 payment 33.10 5 CenturyLink-August 24,2013 payment 70.67 6 Shippensburg EMS 931.50 TOTAL(Also enter on Line 10,Recapitulation) 1,250.35 (if more space is needed,additional pages of the same size) Copyright(c)2009 form software only The Lackner Group,Inc. Form PA-1500 Schedule I(Rev.12-08) REV-1513 oc+(11ae) SCHEDULE J Cor "�' ' io YAF N '�` ANiA BENEFICIARIES ESTATE OF FILE NUMBER Bear,Vesta P. 21-13-0911 NAME AND ADDRESS OF RELATIONSHIP TO SHARE OF ESTATE AMOUNT OF ESTATE NUMBER PERSON(S)RECEIVING PROPERTY DECEDENT (Words) (� ) o Not List Trustee s I� TAXABLE DISTRIBUTIONS [include outright spousal distributions,and transfers under Sec.9116(a)(1.2)] 1 Patsy A.Gipe Daughter One-Quarter(114) 23,152.29 78 E.Main Street Newville,PA 17241 2 Sandra K.Killian Daughter One-Quarter(1/4) 23,152.28 28 Thompson Creek Drive Shippensburg,PA 17257 3 Jessy B.Miller Grandson One-Eighth(118) 11,576.14 176 Carroll Street - Pittston,PA 18640 5 Paul W.Miller Son One-Quarter(114) 23,152.28 526 Shed Road Newville,PA 17241 6 Shannon N.Miller Granddaughter One-Eighth(118) 11,576.14 490 Shed Road Newville,PA 17241 Total 92,609.13 Enter dollar amounts for distributions shown above on lines 15 through 18 on Rev 1500 cover sheet,as a ro riate. NON-TAXABLE DISTRIBUTIONS: II• A.SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TARN B.CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II-ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV 1500 COVER SHE Copyright(c)2009 form software only The Lackner Group,Inc. Form PA-1500 Schedule J(Rev.11-08) STANDARD AGREEMENT FOR THE SALE OF REAL ESTATE. ASR This form recommended and approved for,but not restricted to use by,the members of the Pennsylvania Association of REALTORS@(PAR). PARTIES BUYER(S): F;~ ll-i SELLER'S): 65 r= as /,A IAA,,, t;peadc-ganz- BUYER'S MAILING ADD S: SELLER'S MAILING ADDRESS: PROPERTY PROPERTY ADDRESS S 2 e kej- . ,-cyn,` F A ZIP I ?. in the municipality of a J ,County of in the School District of , ,in the Commonwealth of Pennsylvania. Identification(e.g.,Tax ID#;Parcel#;Lot, ock;Dee ook,Page,Recording Date): BUYER'S RELATIONSHIP WITH PA LICENSED BROKER ❑No Business Relationship(Buyer is not represented by a.broker) Broker(Company) 0 &&44-- e)E . Company Address 97 r.. Direct Phone(s) ce--'z i'1 or f S=.__ Cell Phone(s) -7 1'i -3b, {,,- t 6 S-`7 Company Phone 1'7-Z V e'- Fax Company Fax Email ' ,w >= 60--r— Broker is: Licensee(s)is: Buyer Agent(Broker represents Buyer only) ❑Buyer Agent with Designated Agency ❑Dual Agent(See Dual and/or Designated Agent box below) 91 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 PA LICENSED BROKER ❑No Business Relationship(Seller is not represented by a broker) Broker(Company) �,o 7-1 4 Licensee(s)(Name) a �,✓y i U Company Address a t • _ Direct Phone(s) i?15 t 3 Cell Phone(s)_-717- S=ZI a 3 Company Phone -71'7- Z 9 f2{ Fax Company Fax Email Y„Jc F. n..t 9/ Btt,_C6y- L/2j 7A . Co; - , Broker is: Licensee(s)is: N Seller Agent(Broker represents Seller only) ❑Seller Agent with Designated Agency DualAgent(See Dual and/or Designated Agent box below) 9 Seller 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 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 Agent 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 signing this Agreement, Buyer and Seller each acknowledge having been previously informed of, and consented to, dual agency,if applicable. Buyer Initials: t ASR Page 1 of 11 Seller Initials: s+� k r`t Revised 9/13 COPYRIGHT PENNSYLVANIA ASSOCIATION OF REALTORS d4 2oi2 Pennsylvania Association of REALTORS' 9113 Form generated by:True Forms' www.TrueForms.com $00 999-9612 1 1• p tbt'O TfargtMtUt, dated 2 Seller hereby agrees to sell and convey to Buyer,who agrees to purchase, entified Property. 3 2. PURCHASE PRICE AND DEPOS TS(1-10) 4 (A), Purchase Price$ C ,a � 5 6 I 1 t3 0 n." U.S.Dollars),to be paid by Buyer as follows: 7 1, Deposit at signing 9f this Agreement: $ 8 2. Deposit within days of the Execution Date of this Agreement: $ 5.660. 9 3• $ 10 4. Remaining balance will be paid at settlement. 11 (B) All Funds paid by Buyer,including deposits,will be paid by check,cashier's check or wired funds.All funds paid by Buyer 12 within 30 DAYS of settlement,including funds paid at settlement, will be by cashier's check or wired funds,but not by per- 13 sonalcheck. 14 (C) Deposits, regardless of the forni of payment and the person designated as payee, will be paid in U.S.Dollars to Broker for Seller 16 (unless otherwise stated here: 16 who will retain deposits in an escrow account in conformity with all applicable laws and regulations until consummation or ter- 17 mination of this Agreement. Only real estate brokers are required to hold deposits in accordance with the rules and regulations of 16 the State Real Estate Commission.Checks tendered as deposit monies may be held uncashed pending the execution of this 19 Agreement. 20 3. SELLER ASSIST(If Applicable)(1-10) 21 Seller will pay$ � or %of Purchase Price(0 if not specified)toward 22 Buyer's costs, as permitted by the mortgage lender, if any. Seller is only obligated to pay up to the amount or percentage which is 23 approved by mortgage lender. 24 4. SETTLEMENT AND POSSESSION(1-10) 25 (A) Settlement Date is �;! t3 i or before if Buyer and Seller agree. 26 (B) Settlement will occur in the county where the Property is acated or in an adjacent county, during normal business hours,unless 27 Buyer and Seller agree otherwise. 28 (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; interest on mortgage assumptions;condominium fees and home- 3o owner association fees;water and/or sewer fees,together with any other lienable municipal service fees.All charges will be pro- 31 rated for the period(s)covered. Seller will pay up to and including the date of settlement and Buyer will pay for all days follow- 32 ing settlement, unless otherwise stated here: 33 34 (D) Conveyance from Seller will be by fee simple deed of special warranty unless otherwise stated here: 35 36 (E) Payment of transfer taxes will be divided equally between Buyer and Seller unless otherwise stated here: 37 38 (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-clean,at day and time of settlement,unless Seller,before signing this Agreement,has identified in writing that the Property is 40 subject to a lease. 41 (G) If Seller has identified in writing that the Property is subject to a lease,possession is to be delivered by deed, existing keys and 42 assignment of existing Ieases for the Property,together with security deposits and interest,if any,at day and time of settlement.Seller 43 will not enter into any new leases,nor extend existing leases,for the Property without the written consent of Buyer. Buyer will 44 acknowledge existing lease(s)by initialing the lease(s)at the execution of this Agreement,unless otherwise stated in this Agreement. 45 Tenant-Occupied Property Addendum(PAR Form TOP)is attached. 46 5. DATES/TIME IS OF THE ESSENCE(1-10), ;� 47 (A) Written acceptance of all parties will be on or before: L�t~G. to, �a 1 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 binding. 50 (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 be counted from the Execution Date,excluding 62 the day this Agreement was executed and including the last day of the time period.All changes to this Agreement should be ini- 53 timed and dated. 54 (D) The Settlement Date is not extended by any other provision of this Agreement and may only be extended by mutual written agree- k 65 ment of the parties. Be (E) Certain terms and time periods are pre-printed in this Agreement as a convenience to the Buyer and Seller.All pre-printed terms 67 and time periods are negotiable and may be changed by striking out the pre-printed text and inserting different terms acceptable 58 to all parties. 59 6, ZONING(1-10) I 60 Failure of this Agreement to'contain the zoning classification (except in cases where the property {and each parcel thereof, if sub- 61 dividable} is zoned solely or primarily to permit single-family dwellings)will render this Agreement voidable at Buyer`s option, and,if 62 voided,any deposits tendered by the Buyer will be returned to the Bu er wi ut any requir eat or court action. 63 Zoning Classification: Lo e ,~ -- 64 Buyer Initials:---�,� ASR Page 2 of 21 Seller Initials: PAf M +��! Revised 9113 I Form generated by:True Forms'" www.TrueForms.com 800-499-9612 _ 1 r-- i 65 7. FIXTURES AND PERSONAL PROPERTY(1-10) 66 (A) INCLUDED in this sale are all existing items permanently installed in the Property, free of Liens, and other items including 67 plumbing; heating;radiator covers; lighting fixtures (including chandeliers and ceiling fans);pool and spa equipment(including 68 covers and cleaning equipment); electric animal fencing systems(excluding collars); garage door openers and transmitters; tele- 69 vision antennas; unpotted shrubbery, plantings and trees; any remaining heating and cooking fuels stored on the Property at the 70 time of settlement; smoke detectors and carbon monoxide detectors;sump pumps;storage sheds;fences;mailboxes; wall to wail 71 carpeting; existing window screens, storm windows and screen/storm doors; window covering hardware, shades and blinds;, 72 awnings;built-in air conditioners;built-in appliances;the range oven,unless otherwise stated;and,if owned,water treatment sys- 73 tems r0p�na tanks,satellite dishets'and,security systems.Also included: 742 i c14 gib �n q + 1 J i�4�Wy+SM Imo►- hA t L Rri!wvgnf 75 (B) The follow1hi items are J.AA9ED(not owned by Seller).Contact the provi edvendor for more information(e.g.,water treatment 76 systems,propane tanks,satellite dishes and security systems): 77 (C) EXCLUDED fixtures and items: 78 79 S, MORTGAGE CONTINGENCY(1-10) so ❑ WAIVED. This sale is NOT contingent on mortgage financing,although Buyer may obtain mortgage financing and/or the parties 81 may include an appraisal contingency. 82 N ELECTED. 83 (A) This sale is'contingent upon Buyer obtaining mortgage financing according to the following terms: 84 First Mortgage on the P operty �_ Second Mortgage on the Property 85 Loan Amount$ d �J'at 6= I-YG�1 es Loan Amount$ 86 Minimum Term 1,50 an Minimum Term years 87 Type of mortgage. CN41r ,4W4. Type of mortgage 88 Loan-To-Value(LTV)ratio: Loan To-Value(LTV)ratio: 89 For non-FHA/VA loans LTV ratio not to exceed e0 % For non-FHANA loans LTV ratio not to exceed % s0 Mortgage lender A CAN s;� Mortgage lender 92 Interest rate %;however,Buyer agrees to accept the Interest rate %a; however,Buyer agrees to accept the 93 interest rate as may be committed by t�mortgage lender,not Interest rate as may be committed by the mortgage lender, not 94 to exceed a maximum interest rate of %. to exceed a maximum interest rate of %. 95 Discount points, loan origination, loan placement and other fees Discount points, Ioan origination, loan placement and other fees 96 charged by the lender as a percentage of the mortgage loan(exclud- charged by the lender as a percentage of the mortgage loan(exclud- 97 ing any mortga insurance premiums or VA funding fee)not to ing any mortgage insurance premiums or VA funding fee) not to 98 exceed�To(0%if not specified)of the mortgage loan. exceed %(0%if not specified)of the mortgage loan. 99 (B) The interest rate(s) and fee(s) provisions in Paragraph 8(A)are satisfied if the mortgage lender(s)gives Buyer the right to guar- 100 antee the interest rate(s) and fee(s)at or below the maximum levels stated.If lender(s)gives Buyer the right to lock in the inter- lot est rate(s),Buyer will do so at least 15 days before Settlement Date.Buyer gives Seller the right, at Seller's sole option and 102 as permitted by law and the mortgage lender(s), to contribute financially,without promise of reimbursement,to the Buyer and/or 103 the mortgage lender(s)to make the above mortgage term(s)available to Buyer. 104 (C) Within days(7 if not specified)from the Execution Date of this Agreement,Buyer will make a completed,written mort- 105 gage application (including payment for and ordering of appraisal and credit reports without delay, at the time required by toe lender(s)) for the mortgage terms and to the mortgage lender(g) identified in Paragraph 8(A), if any, otherwise to a responsible 107 mortgage lender(s) of Buyer's choice. Broker for Buyer, if any, otherwise Broker for Seller, is authorized to communicate with 108 the mortgage lender(s)to assist in the mortgage loan process. 109 (D) Buyer will be in default of this Agreement if Buyer furnishes false information to anyone concerning Buyer's financial 110 and/or employment status,fails to cooperate in good faith with processing the mortgage loan application (including delay 111 of the appraisal),fails to lock in interest rate(s)as stated in Paragraph 8(B),or otherwise causes the lender to reject,refuse 112 to approve or issue a mortgage loan commitment.`` 113 (E) . 1. Mortgage Commitment Date:, J f. 1q! 7,6A_.Upon receiving a mortgage commitment,Buyer will 114 promptly deliver a copy of the commitment to Seller. 115 2. If Seller does not receive a copy of the mortgage commitments)by the Mortgage Commitment Date, Seller may terminate 116 this Agreement by written notice to Buyer.Seller's right to terminate continues until Buyer delivers a mortgage commitment 117 to Seller.Until Seller terminates this Agreement,Buyer is obligated to make a good-faith effort to obtain mortgage financing. 118 3, Seller may terminate this Agreement by written notice to Buyer after the Mortgage Commitment Date if the mortgage commitment: 119 a. Does not satisfy the terms of Paragraph 8(A),OR 120 b. Contains any condition not specified in this Agreement(e.g,,the Buyer must settle on another property, an appraisal must 121 be received by the lender,or the mortgage commitment is not valid through the Settlement Date)that is not satisfied and/or 122 removed in writing by the mortgage lender(s) within 7 DAYS after the Mortgage Commitment Date in Paragraph 123 8(E)(1), or any extension thereof, other than those conditions that are customarily satisfied at or near settlement (e.g., 124 obtaining insurance,confirming employment). 125 4. If this Agreement is terminated pursuant to Paragraphs 8(E)(2) or(3), or the mortgage loan(s)is not obtained for settlement, 125 all deposit monies will be returned to Buyer according to the terms of Paragraph 23 and this Agreement will be VOID.Buyer 127 will be responsible for any costs incurred by Buyer for any inspections or certifications obtained according to the terms of 128 this Agreement, and any costs incurred by Buyer for: (1)Title search,title insurance and/or mechanics'lien insurance,or any 129 fee for cancellation; (2) Flood insurance,fire insurance,hazard insurance,mine subsidence insurance, or any fee for cancel- 130 lation;(3)Appraisal fees and charges paid in advance to mortgage lender(s). 131 Buyer Initials;� �_ _` V`� ASR Page 3 of 11 Seller initials:___r Revised 9/13 Form generated by:TiveForms www.7rueForms.com 609-499-9612 132 (F) If the mortgage lender(s), or a property and casualty insurer providing insurance required by the mortgage lender(s), requires t33 repairs to the Property, Buyer will,upon receiving the requirements,deliver a copy of the requirements to Seller. Within 5 134 DAYS of receiving the copy of the requirements,Seller will notify Buyer whether Seller will make the required repairs at Seller's 135 expense. 136 1. If Seller makes the required repairs to the satisfaction of the mortgage lender and/or insurer, Buyer accepts the Property and 137 agrees to the RELEASE in Paragraph 25 of this Agreement. 138 2. If Seller will not make the required repairs,or if Seller fails to respond within the stated time, Buyer will, within 5 139 DAYS,notify Seller of Buyer's choice to: 140 a. Make the repairs/improvements at Buyer`s expense, with permission and access to the Property given by Seller, which 141 will not be unreasonably withheld,OR 142 b. Terminate this Agreement by written notice to Seller,with all deposit monies returned to Buyer according to the terms of 143 Paragraph 23 of this Agreement. 144 If Buyer fails to respond within the time stated in Paragraph$(F)(2)or fails to terminate this Agreement by written notice 145 to Seller within'that time,Buyer will accept the Property and agree to the RELEASE in Paragraph 25 of this Agreement. 146 +I TIAIVA,IF APPLICABLE 147 (G) It is expressly a ed that notwithstanding any other provisions of this contract,Buyer will not be obligated to complete the purchase 148 of the Property cribed herein or to incur any penalty by forfeiture of earnest money deposits or otherwise unless Buyer 149 has been given, in a ordance with HUD/FHA or VA requirements, a written statement by the Federal Housing Commissioner, 150 veterans Administrate r, or a Direct Endorsement Lender setting forth the appraised value of the Property of not less than 151 (the Purchase Price as stated in this Agreement).Buyer will have the privilege and option of 152 proceeding with consu Lion of the contract without regard to the amount of the appraised valuation. The appraised valuation 153 is arrived at to determine maximum mortgage the Department of Housing and Urban Development will insure. HUD does 154 not warrant the value no the ondition of the Property.Buyer should satisfy himself/herself that the price and condition of the 155 Property are acceptable. 156 Warning: Section 1010 of Ti a 18, U.S.C., Department of Housing and Urban Development and Federal Housing 157 Administration Transactions, provi , "Whoever for the purpose of. . .influencing in any way the action of such Department, 158 makes, passes,utters or publishes an statement, knowing the same to be false shall be fined under this title or imprisoned not 159 more than two years,or both:' 160 (H) U.S. Department of Housing and Urb Development (MUD) NOTICE TO PURCHASERS: Buyer's Acknowledgement 161 Buyer has received the HUD Notice "F Your Protection: Get a Home Inspection" Buyer understands the importance of 162 getting an independent home inspection has thought about this before signing this Agreement. Buyer understands that 163 PHA will not perform a home.inspection nor antee the price or condition of the Property. 164 (I) Certification We the undersigned, Seller(s) an Buyer(s) party to this transaction each certify that the terms of this contract 165 for purchase are true to the best of our knowled and belief, and that any other agreement entered into by any of these panties 166 in connection with this transaction is attached to thislAgreement. 167 9. CHANGE IN BUYER'S FINANCIAL STATUS(3-11) 168 In the event of a change in Buyer`s financial status affecting Buyer's ability to purchase, Buyer shall promptly notify Seller and 169 lender(s) to whom the Buyer submitted mortgage application,if any. A change 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 financial obligation; entry of a 171 judgment against Buyer. Buyer understands that applying for and/or incurring an additional financial obligation may affect 172 Buyer's ability to purchase. 173 10.SELLER REPRESENTATIONS(1-14) 174 (A) Radon Testing and Remediation(See Notice Regarding Radon) 175 Seller has no knowledge about the presence or absence of radon 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, 177 etc.),which produced the results indicated below: 178 Date Type of Test Results(picoCuries/liter or working levels) Name of Testing Service 179 180 181 ❑ 2. Seller has knowledge that 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- 166 ods or the results of radon tests. 187 (B) Status of Water 188 Seller represents that the Property is served: 189 ❑ Public Water ❑Community Water K On-site Water ❑None ❑ 190 (C) Status of Sewer 191 Seller represents that the Pro erty is served by: 192 ❑Public Sewer 15 Community Sewage Disposal System ❑Ten-Aere Permit Exemption(see Sewage Notice 2) 193 Individual On-lot Sewage Disposal System(see Sewage Notice 1) ❑Holding Tank(see Sewage Notice 3) 194 []Individual On-lot Sewage Disposal System in Proximity to Well(see Sewage Notice 1;see Sewage Notice 4,if applicable) 195 0 El None(see Sewage Notice 1) ❑None Available/Permit Limitations in Effect(see Sewage Notice 5) 196 197 Buyer Initials: > ASR Page 4 of 11 Seller Initials: Revised 9113 Form generated by:TrueForme www.TrueForms.com 800.499-9612 198 (D) Historic Preservation 199 Seller is not aware of historic preservation restrictions regarding the Property unless otherwise stated here: 200 tot (E)[3 Property, or a portion of it, is preferentially assessed for tax purposes under the following Act(s)(see Notices Regarding Land 202 Use Restrictions): 203 ❑Farmland and Forest Land Assessment Act(Clean and Green Program;Act 319 of 1974;72 P.S.§5490.1 et seq.) 204 ❑Open Space Act(Act 442 of 1967;32 P.S.§5001 et seq.) 205 ❑Agricultural Area Security Law(Act 43 of 1981;3 P.S.§901 et seq.) 206 0 Other 207 (F) Seller represents that,as of the date Seller signed this Agreement,no public improvement,condominium or homeowner association 206 assessments have been made against the Property which remain unpaid, and that no notice by any government or public 209 authority has been served upon Seller or anyone on Seller's behalf, including notices relating to violations of zoning, housing, 291 building,safety or fire ordinances that remain uncorrected,and that Seller knows of no condition that would constitute a violation 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 (H) Access to a public road may require issuance of a highway occupancy permit from the Department of Transportation. 216 11 WAIVER OF CONTINGENCIES(9-05) 217 If this Agreement is contingent on Buyer's right to inspect and/or repair the Property,or to verify insurability,environmental 218 conditions, boundaries, certifications, zoning classification or use, or any other information regarding the Property, Buyer's 219 failure to exercise any of Buyer's options within the times set forth in this Agreement is a WAIVER of that contingency and 220 Buyer accepts the Property and agrees to the RELEASE in Paragraph 25 of this Agreement. 221 12.INSPECTIONS(9.13)(See Notices Regarding Property and Environmental Inspections) 222 (A) 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 surveyors,municipal officials,appraisers and inspectors.All parties and their real estate licensee(s)may attend any inspections. 225 2. Buyer may make a pre-settlement walk-through inspection of the Property. Buyer's right to this inspection is not waived by 226 any other provision of this Agreement. 227 3. Seller will have.heating and all utilities(including fuel(s))on for all inspections/appraisals. 228 4. All inspectors,including home inspectors,are authorized by Buyer to provide a copy of any inspection Report to Broker for Buyer. 229 5. Seller has the right,upon request,to receive a free copy of any inspection Report from the party for whom it was prepared. Zan (B) Buyer waives or elects at Buyer's expense to have the following Inspections, certifications, and investigations (referred to as 231 "Inspection" or "Inspections") performed by professional contractors, home inspectors, engineers, architects and other properly 232 licensed or otherwise qualified professionals.If the 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"Report"or"Reports',and accept the Property,terminate this Agreement,or submit a 236 Written Corrective Proposal(s)to Seller,according to the terms of Paragraph 13(B). 237 Home/Property Inspections and Environmental Hazards(mold,etc.) 239 Elec ed Buyer may conduct an inspection of the Property's structural components;roof;exterior windows and exterior Waived 239 1 a w✓doors;exterior siding,Exterior Insulation and Finish Systems,fascia,gutters and downspouts;swimming pools,hot --I 240 tubs and spas;appliances;electrical systems;interior and exteriorplumbing;public sewer systems;heating and cool- 241 ing systems;water penetration; electromagnetic fields; wetlands and flood plain delineation; structure square 242 footage;mold and other environmental hazards(e.g.,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 be performed by a full member in good standing of a 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 property licensed 247 or registered engineer or architect.(See Notice Regarding the Home Inspection Law) 249 Wood Infestation 249 Elected Buyer may obtain a written"Wood-Destroying Insect Infestation Inspection Report"from an inspector certified as' awed _ 250 / a wood-destroying pests pesticide applicator and will deliver it and all supporting documents and drawings provid- 251 ed by the inspector to Seller.The Report is to be made satisfactory to and in compliance with applicable laws,wort- 252 gage lender requirements,and/or Federal Insuring and Guaranteeing Agency requirements.The Inspection is to be 253 limited to all readily-visible and accessible areas of all structures on the Property,except fences.If the Inspection 254 reveals active infestation(s),Buyer,at Buyer's Expense,may obtain a Proposal from a wood-destroying pests pes- 255 ticide applicator to treat the Property.If the Inspection reveals damage from active or previous infestation(s),Buyer 256 may obtain a written Report from a professional contractor,home inspector or structural engineer that is limited to 257 structural damage to the Property caused by wood-destroying organisms and a Proposal to repair the Property. 256 Water Service 259 j q'Ii lec&d Buyer may obtain an Inspection of the quality and quantity of the water system from a properly licensed or otherwise Waived 260 i ''rqualified water/well testing company.If and as required by the inspection company,Seller,at Sellers expense,will 261 locate and provide access to the on-site(or individual)water system.Seller will restore the Property to its previous con- 262 dition,at Seller' expense,prior to settlement. 263 Buyer Initials:= __ � ASR Page 5 of 11 Seller Initials:PAMI' S 'V�}1 Revised 9113 Form generated by:Tr'ueForrng" www.TrueForms.com 600499-9612 264 Radon 265 Elected Buyer may obtain a radon test of the Property from a certified inspector.The U.S.Environmental Protection 1ve�k„ 266 1 Agency(EPA)advises corrective action if the average annual exposure to radon is equal to or higher than 0.02 - 1L`'�' 267 working levels or 4 picoCu ies/iiter(4pC114 266 On-lot Sewage(If Applicable) 269 , lect�d _/Buyer may obtain an Inspection of the individual on-lot sewage disposal system from a qualified,professional Waived 270 _/_Y '1 inspector.If and as required by the inspection company,Seller,at Seller's expense,will locate,provide access to, —1 271 and empty the individual on-lot sewage disposal system.Seller will restore the Property to its previous condition, 272 at Seller's expense,prior to settlement.See paragraph 13(C)for more information regarding the Individual On-lot 273 Sewage Inspection Contingency. 274 Property and Flood Insurance 275 Buyer may determine the insurability of the Property by making application for property and casualty insurance for Waived 276 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,which may need to be ordered 14 clays or more prior to Settlement Date. 272 Revised flood maps and changes to Federal law may substantially increase future flood insurance premiums or 260 require insurance.for for formerly exempt properties.Buyer should consult with one or more flood insurance 281 agents regarding the need for flood insurance and possible premium increases. 282 Property Boundaries 283 Elected Buyer may engage the services of a surveyor,title abstractor,or other qualified professional to assess the legal i ai.� 284 __t description,certainty and location of boundaries and/or quantum of land.Most Sellers have not had the Property 265 surveyed as it is not a requirement of property transfer in Pennsylvania.Any fences,hedges,walls and other natural 286 or constructed barriers may or may not represent the true boundary lines of the Property.Any numerical represen 287 tations of size of property are approximations only and may be inaccurate. 288 Deeds,Restrictions and Zoning ' 289 Elected Buyer may investigate easements,deed and use restrictions(including any historic preservation restrictions or ordi- at 290 .___l nances)that apply to the Property and review local zoning ordinances.Buyer may verify that the present use a the 291 Property(such as in-law quarters, apartments,home office,day care)is permitted and may elect to make the 292 Agreement contingent upon an anticipated use.Present use: 293 Lead-Based Paint hazards(For Properties prior to 1978 only) 294 Elected Before Buyer is obligated to purchase a residential dwelling built prior to 1975,Buyerhas the option to conduct a risk 97 266 _ t assessment and/or inspection of the Property for the presence of lead-based paint and/or lead-based paint hazards unless 296 Buyer waives that right.Regardless of whether this inspection is elected or waived,the Residential Lead-Based Paint 297 Hazard Reduction Act requires a Seller of property built prior to M8to provide the Buyer with anEPA-approved j 298 lead hazards information pamphlet titled Protect Your Family from Lead in Your Home,along with a separate 299 form,attached to this Agreement,disclosing Seller's knowledge of lead-based paint hazards and any lend-based 300 paintrecordsregardiugtheProperty.(SeeNoticesRegardiugRmdentiall ead BasedPamtHazardReductionAct) 301 Other 302 Elected Waived 303 _J 304 305 The Inspections elected above do not apply to the following existing conditions and/or items: 306 307 308 13,INSPECTION CONTINGENCY Y1-14) 309 (A) The Contingency Period is- .-?days(10 if not specified)from the Execution Date of this Agreement for each Inspection.elected 310 in Paragraph 12(C),except the following: 311 Inspection(s) Contingency.Period 312 days 313 days 314 days 315 days 316 (B) Except as stated in Paragraph 13(C), if the result of any Inspection elected in Paragraph 12(C) is unsatisfactory to Buyer,Buyer 317 will,within the stated Contingency Period: 318 1. Accept the Property with the information stated in the Reports)and agree to the RELEASE in Paragraph 25 of this Agreement,OR 319 2. Terminate this Agreement by written notice to Seller, with all deposit monies returned to Buyer according to the terms of 320 Paragraph 23 of this Agreement,OR 321 3. Present the Report(s)to Sellerwith a Written CorrectiveProposal("Proposal")listing correctionsand/orcredits desired by Buyer. 322 The Proposal may,but is not required to,include the name(s)of a properly licensed or qualified professionals)to perform the 4br- . 323 Rections requested in the Proposal,provisions for payment,including retests,and a projected date for completion of the correc- 324 tions.Buyer agrees that Seller will not be held liable for corrections that do not comply with mortgage lender or governmental 325 requirements If performed in a workmanlike manner according to the terms of Buyer's Proposal. 326 a. No later than days(5 if not specked)from the end of the Contingency Perlod(s),Seller will inform Buyer in writ- 327 ing that Seller will: 328 (1)Satisfy all the terms of Buyer's Proposal(s),'OR 329 (2) of satts gll the terms of Buyer's Proposal(s) 7 330 Buyer Initials:_ ` ASR Page 6 of 11 Seller Initials: 414 Y. Revised 9113 Form generated by.TerteForrnC www.TrueForms.com 800499-9612 331 b. If Seller agrees to satisfy the terms of Buyer's Proposal, Buyer accepts the Property and agrees to the RELEASE in 332 Paragraph 25 of this Agreement. 333 c. Within days(2 if not specified)of the receipt of written notification that Seller will not satisfy all terms of Buyer's 334 Proposal, or the time stated in.paragraph 13(B)(3)(a) if Seller fails to choose either option in writing, whichever occurs 335 first,Buyer will: 336 (1)Accept the Property with the information stated in the Report(s)and agree to the RELEASE in Paragraph 25 of this 337 Agreement,OR 338 (2)Terminate this Agreement by written notice to Seller,with all deposit monies returned to Buyer according to the terms of 339 Paragraph 23 of this Agreement,OR 340 (3)Enter into a mutually acceptable written agreement with Seller, providing for any repairs or improvements to the 341 Property and/or any credit to Buyer at settlement,as acceptable to the mortgage lender,if any. 342 If Buyer fails to respond within the time stated in Paragraph 13(B)(3)(c)or fails to terminate this Agreement by 343 written notice to Seller within that time,Buyer will accept the Property and agree to the RELEASE in Paragraph 344 25 of this Agreement. 345 (C) If a Report reveals the.need to expand or replace the existing individual on-lot sewage disposal system,Seller may,within 346 days(25 if not specified)of receiving the Report,submit.a Proposal to Buyer.The Proposal will include,but not be limited to,the 347 name of the company to perform the expansion or replacement;provisions for payment, including retests; and a projected com- 348 pletion date for corrective measures.Within 5 DAYS of receiving Seller's Proposal,or if no Proposal is provided within the 349 stated time,Buyer will notify Seller in writing of Buyer's choice to: 350 1. Agree to the terms of the Proposal,accept the Property and agree to the RELEASE in Paragraph 25 of this Agreement,OR 351 2. Terminate this Agreement by written notice to Seller, with all deposit monies returned to Buyer according to the terms of 352 Paragraph 23 of this Agreement,OR 353 3. Accept the Property and the existing system and agree to the RELEASE in Paragraph 25 of this Agreement.If required by any 354 mortgage lender and/or any governmental authority,Buyer will correct the defects before settlement or within the time required 355 by the mortgage lender and/or governmental authority,at Buyer's sole expense,with permission and access to the Property given 366 by Seller,which may not be unreasonably withheld.If Seller denies Buyer permission and/or access to correct the defects,Buyer 357 may,within 5 DAYS of Seller's denial,terminate this Agreement by written notice to Seller,with all deposit monies returned 358 to Buyer according to the terms of Paragraph 23 of this Agreement. 359 If Buyer fails to respond within the time stated in Paragraph 13(C)or fails to terminate this Agreement by written notice 360 to Seiler within that time,Buyer will accept the Property and agree to the RELEASE in Paragraph 25 of this Agreement. 361 14.NOTICES,ASSESSMENTS AND MUNICIPAL REQUIREMENTS(1-10) 362 (A) In the event any notices, including violations, and/or assessments are received after Seller has signed this Agreement and before 363 settlement,Seller will within 5 DAYS of receiving the notices and/or assessments provide a copy of the notices and/or assess- 324 meats to Buyer and will notify Buyer in writing that Seller will: 365 1.Fully comply with the notices and/or assessments, at Seller's expense, before settlement. If Seller fully complies with the 366 notices and/or assessments,Buyer accepts the Property and agrees to the RELEASE in Paragraph 25 of this Agreement,OR 367 2.Not comply with the notices and/or assessments.If Seller chooses not to comply with the notices and/or assessments,o rfails 368 within the stated time to notify Buyer whether Seller will comply,Buyer will notify Seller in writing within 5 DAYS 369 that Buyer will: 370 a, Comply with the notices and/or assessments at Buyer's expense, accept the Property, and agree to the RELEASE in 371 Paragraph 25 of this Agreement,OR 372 b. Terminate this Agreement by written notice to Seller,with all deposit monies returned to Buyer according to the terms of 373 Paragraph 23 of this Agreement. 374 If Buyer fails to respond within the time stated in Paragraph 13(A)(2)or fails to terminate this Agreement by written notice 376 to Seller within that time,Buyer will accept the Property and agree to the RELEASE in Paragraph 25 of this Agreement. 376 (B) If required by law,within 30 DAYS from the Execution Date of this Agreement,but in no case later than 15 DAYS prior to 377 Settlement Date,Seller will order at Seller's expense a certification from the appropriate municipal department(s)disclosing notice 378 of any uncorrected violations of zoning,housing,building,safety or fire ordinances and/or a certificate permitting occupancy of the 379 Property,If Buyer receives a notice of any required repairs/improvements,Buyer will promptly deliver a copy of the notice to Seller. 380 1.Within 5 DAYS of receiving notice.from the municipality that repairs/improvements are required, Seller will deliver a 381 copy of the notice to Buyer and notify Buyer in writing that Seller will: 382 a. Make the required repairs/improvements to the satisfaction of the municipality. If Seller makes the required 383 repairs/improvements,Buyer accepts the Property and agrees to the RELEASE in Paragraph 25 of this Agreement,OR ,384 b. Not make the required repairs/mprovements.If Seller chooses not to make the required repairs/improvements,Buyer will 385 notify Seiler in writing within 5 DAYS that Buyer will: 386 (1) Make the repairs/improvements at Buyer's expense,with permission and access to the Property given by Seller,which 387 will not be unreasonably withheld,OR 388 (2) Terminate this Agreement by written notice to Seller,with all deposit monies returned to Buyer according to the terns 389 of Paragraph 23 of this Agreement. 390 If Buyer fails to respond within the time stated in Paragraph 14(B)(1)(b) or fails to terminate this Agreement by 391 written notice to Seller within that time, Buyer will accept the Property and agree to the RELEASE in Paragraph 392 25 of this Agreement, and Buyer accepts the responsibility to perform the repairs/improvements according to the 393 terms of the notice provided by the municipality. 394 2. If Seller denies Buyer permission,to make the required repairs/improvements, or does not provide Buyer access before 395 Settlement Date to make the required repairs/improvements, Buyer may, within 5 DAYS,terminate this Agreement by 396 written notice to eller,w'th all deposit monies returned to Buyer according to the terms of Paragraph 23 of this Agreement. 397 Buyer Initials: ASR Page 7 of U Seller Initials:Pkipj Revised 4/13 Form generated by:TrueForms" www.TrueForms.com 800-488-9812 398 3. If repairslimprovements are required and Seller fails to provide a copy of the notice to Buyer as required in this Paragraph,Seller 399 will perform all repairs/improvements as required by the notice at Seller's expense.Paragraph 14(B)(3)will survive settlement. 400 15.CONDOWNWAMANNED COA MUNITY(HOMEOWNER ASSOCIATIONS)RESALE NOTICE(1-10) 401 Property is NOT a Condominium or part of a Planned Community unless checked below. 402 ❑ CONDOMINIUM.The Property is a unit of a condominium that is primarily run by a unit owners'association.Section 3407 of the 403 Uniform Condominium Act of Pennsylvania(see Notice Regarding Condominiums and Planned Communities)requires Seller to 404 furnish Buyer with a Certificate of Resale and copies of the condominium declaration(other than plats and plans),the bylaws and 405 the rules and regulations of the association. 406 ❑ PLANNED COMMUNITY(HOMEOWNER ASSOCIATION). The Property is part of a planned community as defined by the 407 Uniform Planned Community Act(see Notice Regarding Condominiums and Planned Communities). Section 5407(a) of the Act 408 requires Seller to furnish Buyer with a copy.of the Declaration(other than plats and plans),the bylaws,the rules and regulations 409 of the association,and a Certificate containing the provisions set forth in section 5407(a)of the Act. 410 THE FOLLOWING APPLIES TO PROPERTIES THAT ARE PART OF A CONDOMINIUM OR A PLANNED COMMUNITY. 411 (A) Within 15 DAYS from the Execution Date of this Agreement,Seller,at Seller's expense,will request from the association a 412 Certificate of Resale and any other documents necessary to enable Seller to comply with the relevant Act.The Act provides that 413 the association is required to provide these documents within 10 days of Seller's request. 414 (B) Seller will promptly deliver to Buyer all documents received from the association.Under the Act,Seller is not liable to Buyer for 415 the failure of the association to provide the Certificate in a timely manner or for any incorrect information provided by the association 416 in the Certificate. 417 (C) The Act provides that Buyer may declare this Agreement VOID at any time before Buyer receives the association documents and 416 for 5 days after receipt, OR until settlement, whichever occurs first. Buyer's notice to Seller must be in writing; upon Buyer 419 declaring this Agreement void, all deposit monies will be returned to Buyer according to the terms of Paragraph 23 of this 420 Agreement. 421 (D) If the association has the right to buy the Property(right of first refusal),and the association exercises that right,Seller will reimburse 422 Buyer for any costs incurred by Buyer for any inspections or certifications obtained according to the terms of the Agreement, 423 and any costs incurred by Buyer for:(1)Title search,title insurance and/or mechanics'lien insurance,or any fee for cancellation; 424 (2)Flood insurance, fire insurance, hazard insurance, mine subsidence insurance, or any fee for cancellation; (3)Appraisal fees 425 and charges paid in advance to mortgage lender. 426 16.TITLES,SURVEYS AND COSTS(1-12) 427 (A) The Property will be conveyed with good and marketable title that is insurable by a reputable title insurance company at the regular 428 rates, free and clear of all liens, encumbrances, and easements, excepting howeverthe following:existing deed restrictions; 429 historic preservation restrictions or ordinances; building restrictions; ordinances;easements of roads; easements visible upon the 430 ground;easements of record;and privileges or rights of public service companies,if any. 431 (B) Buyer will pay for the following: (1) Title search, title insurance and/or mechanics`lien insurance, or any fee for cancellation; 432 (2)Flood insurance,fire insurance,hazard insurance,mine subsidence insurance, or any fee for cancellation; (3) Appraisal fees 433 and charges paid in advance to mortgage lender;(4)Buyer's customary settlement costs and accruals. 434 (C) Any survey or surveys required by the title insurance company or the abstracting company for preparing an adequate legal 435 description of the Property (or the correction thereof)will be obtained and paid for by Seller. Any survey or surveys desired by 435 Buyer or required by the mortgage lender will be obtained and paid for by Buyer. 437 (D) If Seller is unable to give good and marketable title that is insurable by a reputable title insurance company at the regular rates,as 438 specified in Paragraph 16(A),Buyer may terminate this Agreement by written notice to Seller,with all deposit monies returned to 439 Buyer according to the terms of Paragraph 23 of this Agreement. Upon termination, Seller will reimburse Buyer for any costs 440 incurred by Buyer for any inspections or certifications obtained according to the terms of this Agreement,and for those items spec- 441 ified in Paragraph 16(B)items(1),(2),(3)and in Paragraph 16(C). 442 (E) Oil,gas, mineral, or other rights of this Property may have been previously conveyed or leased, and Sellers make no representa- 443 lion about the status of those rights unless indicated elsewhere in this Agreement, 444 ❑Oil,Gas and Mineral Rights Addendum(PAR Form OGM)is attached. 445 (F) COAL NOTICE(Where Applicable) 446 THIS DOCUMENT MAY NOT SELL,CONVEY,TRANSFER,INCLUDE OR INSURE THE TITLE TO THE COAL AND RIGHTS OF SUPPORT UNDERNEATH 447 THE SURFACE LAND DESCRIBED OR REFERRED TO HEREIN,AND THE OWNER OR OWNERS OF SUCH COAL MAY HAVE THE COMPLETE LEGAL 448 RIGHT TO REMOVE ALL SUCH COAL AND IN THAT CONNECTION,DAMAGE MAY RESULT TO THE SURFACE OF THE LAND AND ANY HOUSE, 449 BUILDING OR OTHER STRUCTURE ON OR IN SUCH LAND.(This notice is set forth in the manner provided in Section I of the Act of 450 July 17, 1957, P.L. 984.) 'Buyer acknowledges that he may not be obtaining the right of protection against subsidence resulting 451 from coal mining operations, and that the property described herein may be protected from damage due to mine subsidence by a 462 private contract with the owners of the economic interests in the coal. This acknowledgement is made for the purpose of complying 453 with the provisions of Section 14 of the Bituminous Mine Subsidence and the Land Conservation Act of April 27, 1966." 454 Buyer agrees to sign the deed from Seller which deed will contain the aforesaid provision. 455 (G) The Property is not a"recreational cabin"as defined in the Pennsylvania Construction Code Act unless otherwise stated here(see 456 Notice Regarding Recreational Cabins): 457 (II) This property is not subject to a Private Transfer Fee Obligation unless otherwise stated here(see Notice Regarding Private Transfer. 458 Fees): . 469 ❑Private Transfer Fee Addendum(PAR form PTF)is attached. 460 17.MAINTENANCE AND RISK OF LOSS(1-10) 461 (A) Seller will maintain the Property,grounds,fixtures and personal property specifically listed in this Agreement in its present condition, 462 normal wear and tear excepted. 463 (B) If any system or appliance included in the sale of Property fails before settlement,Seiler will: 464 1. .Repair or replace the failed system or appliance before settlement,OR 465 2. Fro de prompt written notice to Buyer of Seller's decision to: �} 466 Buyer lnitials:--�- — ASR Page 8 of 11 Seller Initials:!" 1, iS. Revised 9/13 Form generated by:TrueForme www.TrueForms.com 800.499-9612 f 467 a. Credit Buyer at settlement for the fair market value of the failed system or appliance,as acceptable to the mortgage lender, 468 if any,OR 469 b. Not repair or replace the failed system or appliance, and not credit Buyer at settlement for the fair market value of the 470 failed system or appliance. 471 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 SelIer 472 fails to notify Buyer of Seller's choice, Buyer will notify Seller in writing within 5 DAYS or before Settlement Date, 473 whichever is earlier,that Buyer will: 474 a. Accept the Property and agree to the RELEASE in Paragraph 25 of this Agreement,OR 475 b. Terminate this Agreement by written notice to Seller, with all deposit monies returned to Buyer according to the terms of 476 Paragraph 23 of this Agreement. 477 If Buyer fails to respond within the time stated in Paragraph 17(B)(3) or fails to terminate this Agreement by written 478 notice to Seller within that time, Buyer will accept the Property and agree to the RELEASE in Paragraph 25 of this 479 Agreement. 480 (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 481 replaced prior to settlement,Buyer will: 482 1. Accept the Property in its then current condition together with the proceeds of any insurance recovery obtainable by Seller,OR 483 2. Terminate this Agreement by written notice to Seller, with all deposit monies returned to Buyer according to the terms of 484 Paragraph 23 of this Agreement. 485 18.HOME WARRANTIES(1.10) 486 At or before settlement,either party may purchase a home warranty for the Property from a third-parry vendor.Buyer and Seller understand 487 that a home warranty for the Property does not alter any disclosure requirements of Seller, will not cover or warrant any preexisting 488 defects of the Property, and will not alter, waive or extend any provisions of this Agreement regarding inspections or certifications 489 that Buyer has elected or waived as part of this Agreement. Buyer and Seller understand that a broker who recommends a home 430 warranty may have a business relationship with the home warranty company that provides a financial benefit to the broker. 491 19.RECORDING(9-05) 492 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 Buyer 493 . causes or permits this Agreement to be recorded,Seller may elect to treat such act as a default of this Agreement. 494 20.ASSIGNMENT(1.10) 495 This Agreement is binding upon the parties,their heirs,personal representatives,guardians and successors,and to the extent assignable, 496 on the assigns of the parties hereto. Buyer will not transfer or assign this Agreement without the written consent of Seller unless 497 otherwise stated in this Agreement.Assignment of this Agreement may result in additional transfer taxes. 498 21..GOVERNING LAW,VENUE AND PERSONAL,JURISDICTION(9-05) 499 (A) The validity and construction of this Agreement,and the rights and duties of the parties,will be,govemed in accordance with the Soo laws of the Commonwealth of Pennsylvania. 601 (B) The parties agree that any dispute,controversy or claim arising under or in connection with this Agreement or its performance by 602 either party submitted to a court shall be filed exclusively by and in the state or federal courts sitting in the Commonwealth of 503 Pennsylvania. 504 22.REPRESENTATIONS(1-10) 505 (A) All representations, claims, advertising, promotional activities, brochures or plans of any kind made by Seller, Brokers, their 506 licensees, employees, officers or partners are not a part of this Agreement unless expressly incorporated or stated in this 507 Agreement.This Agreement contains the whole agreement between Seller and Buyer, and there are no other terms,obligations, 508 covenants, representations, statements or conditions, oral or otherwise, of any kind whatsoever concerning this sale. This 509 Agreement will not be altered,amended,changed or modified except in writing executed by the parties. 610 (B) Unless otherwise stated in this Agreement,Buyer has inspected the Property(including fixtures and any personal ro e 611 P P MY S specifically listed herein) before signing this Agreement or has waived the right to do so, and agrees to purchase the 612 Property IN ITS PRESENT CONDITION,subject to inspection contingencies elected in this Agreement.Buyer acknowledges 613 that Brokers,their licensees,employees,officers or partners have not made an independent examination or determination 514 of the structural soundness of the Property, the age or condition of the components, environmental conditions, 515 the permitted uses,nor of conditions existing in the locale where the Property Is situated;nor have they made a mechanical 616 inspection of any of the systems contained therein. 517 (C) Any repairs required by this Agreement will be completed in a workmanlike manner. 516 (D) Broker(s)have provided or may provide services to assist unrepresented parties in complying with this Agreement. 619 23.DEFAULT,TERMINATION AND RETURN OF DEPOSITS(1.10) 520 (A) Where Buyer terminates this Agreement pursuant to any right giranted by this Agreement, Buyer will be entitled to a return of 621 all deposit monies paid on account of Purchase Price pursuant to the terms of Paragraph 23(B), and this Agreement will be 522 VOID.Termination of this Agreement may occur for other reasons giving rise to claims by Buyer and/or Seller for the deposit 523 monies. 524 (B) Regardless of the apparent entitlement to deposit monies, Pennsylvania Iaw does not allow a Broker holding deposit monies to 525 determine who is entitled to the deposit monies when settlement does not occur.Broker can only release the deposit monies: 526 1. If this Agreement is terminated prior to settlement and there is no dispute over entitlement to the deposit monies.A written,. 627 agreement signed by both parties is evidence that there is no dispute regarding deposit monies. 528 2. If,after Broker has received deposit monies,Broker receives a written agreement that is signed by Buyer and Seller,directing 529 Broker how to distribute some or all of the deposit monies. 530 3. According to the terms of a final order of court. 531 4. According to the terms of a prior written agreement between Buyer and Seller that directs the Broker how to distribute the 532 deposit monies if there is a dispute between the parties that is not resolved.(See Paragraph 23(C)) 533 Buyer Initials: ASR Page 9 of U Seller initials: K Revised 9113 Form generated 6y:True Forms'" www.TrueFonns.com 800.499-9612 i 534 (C) Buyer and Seller agree that if there is a dispute over the entitlement to deposit monies that is unresolved 365 days after 535 the Settlement Date stated in Paragraph 4(A),or any written extensions thereof, the Broker holding the deposit monies will,with- 536 in 30 days of receipt of Buyer's written request, distribute the deposit monies to Buyer unless the Broker is in receipt of verifi- 537 able written notice that the dispute is the subject of litigation.If Broker has received verifiable written notice of litigation prior to 538 the receipt of Buyer's request for distribution, Broker will continue to hold the deposit monies until receipt of a written distri- 539 button agreement between Buyer and Seller or a final court order.Buyer and Seller are advised to initiate litigation for any por- 540 tion of the deposit monies prior to any distribution made by Broker pursuant to this paragraph. Buyer and Seller agree that the 541 distribution of deposit monies based upon the passage of time does not legally determine entitlement to deposit monies, and that 542 the patties maintain their legal rights to pursue litigation even after a distribution is made. 543 (D) Buyer and Seller agree that Broker who holds or distributes deposit monies pursuant to the terms of Paragraph 23 or Pennsylvania 544 law will not be liable. Buyer and Seller agree that if any Broker or affiliated licensee is named in litigation regarding deposit 545 monies,the attorneys'.fees and costs of the Broker(s)and licensee(s)will be paid by the party naming them in litigation. 546 (E) Seller has the option of retaining all sums paid by Buyer,including the deposit monies,should Buyer: 547 1. Fail to make any additional payments as specified in Paragraph 2,OR 548 2. Furnish false or incomplete information to Seller, Broker(s), or any other party identified in this Agreement concerning 549 Buyer's legal or financial status,OR 550 3. Violate or fail to fulfill and perform any other terms or conditions of this Agreement. 551 (F) Unless otherwise checked in Paragraph 23(G),Seller may elect to retain those sums paid by Buyer,including deposit monies: 552 1. On account of purchase price,OR 553 2. As monies to be applied to Seller's damages,OR 554 3 As liquidated damages for such default. 555 (G) SELLER IS LIMITED TO RETAINING SUMS PAID BY BUYER, INCLUDING DEPOSIT MONIES, AS 556 LIQUIDATED DAMAGES. 557 (H) If Seller retains all sums paid by Buyer, including deposit monies, as liquidated damages pursuant to Paragraph 23(F) or (G), 558 Buyer and Seller are released from further liability or obligation and this Agreement is VOID. 559 (1) Brokers and licensees are not responsible for unpaid deposits. San 24.MEDIATION(1-10) 561 Buyer and Seller will submit all disputes or claims that arise from this Agreement,including disputes and claims over deposit monies, 562 to mediation. Mediation will be conducted in accordance with the Rules and Procedures of the Home Sellers/Home Buyers Dispute 563 Resolution System,unless it is not available,in which case Buyer and Seller will mediate according to the terms of the mediation Sys- 564 tem offered or endorsed by the local Association of REALTORSO. Mediation fees, contained in the mediator's fee schedule, will be 565 divided equally among the parties and will be paid before the mediation conference.This mediation process must be concluded before 566 any party to the dispute may initiate legal proceedings in any courtroom, with the exception of filing a summons if it is necessary to 567 stop any statute of limitations from expiring.Any agreement reached through mediation and signed by the parties will be binding(see 56s Notice Regarding Mediation).Any agreement to mediate disputes or claims arising from this Agreement will survive settlement. 569 25.RELEASE(9-05) 570 Buyer releases, quit claims and forever discharges SELLER, ALL BROKERS, their LICENSEES, EMPLOYEES and any 571 OFFICER or PARTNER of any one of them and any other PERSON,FIRM or CORPORATION who may be liable by or 572 through them, from any and all claims, losses or demands,including, but not limited to, personal injury and property dam- 573 age and all of the consequences thereof,whether known or not,which may arise from the presence of termites or other wood- 574 boring insects, radon, lead-based paint hazards, mold, fungi or indoor air quality,environmental hazards, any defects in the 575 individual on-lot sewage disposal system or deficiencies in the on-site water service system,or any defects or conditions on the 57s Property.Should Seller be in default under the terms of this Agreement or in violation of any Seller disclosure law or regula. 577 tion,this release does not deprive Buyer of any right to pursue any remedies that may be available under law or equity.This 578 release will survive settlement. 679 26.REAL ESTATE RECOVERY FUND(9-05) 580 A Real Estate Recovery Fund exists to reimburse any persons who have obtained a final civil judgment against a Pennsylvania real 581 estate licensee (or a licensee's affiliates) owing to fraud, misrepresentation, or deceit in a real estate transaction and who have been 582 unable to collect the judgment after exhausting all legal and equitable remedies. For complete details about the Fund, call(717)783- 583 3658 or(800)822-2113(within Pennsylvania)and(717)783-4854(outside Pennsylvania). 584 27.COMMUNICATIONS WITH BUYER AND/OR SELLER(1.10) 585 Wherever this Agreement contains a provision that requires or allows commuuication/delivery to a Buyer,that provision shall be satis- 586 fied by communication/delivery to the Broker for Buyer, if any, except for documents required to be delivered pursuant to 587 Paragraph 15. If there is no Broker for Buyer, those provisions may be satisfied'only by communication/delivery being made direct- 588 ly to the Buyer,unless otherwise agreed to by the parties.Wherever this Agreement contains a provision that requires or allows com- 589 munication/delivery to a Seller,that provision shall be satisfied by communication/delivery to the Broker for Seller,if any.If there is 590 no Broker for Seller,those provisions may be satisfied only by communication/delivery being made directly to the Seller,unless other- 591 wise agreed to by the parties. 592 28.SPECIAL CLAUSES(1-10) 593 (A) The following are part of this Agreement if checked: 594 ❑Sale&Settlement of Other Property Contingency Addendum(PAR Form SSP) 595 ❑Sale&Settlement of Other Property Contingency with Right to Continue Marketing Addendum(PAR Form SSP-CM) 596 ❑Settlement of Other Property Contingency Addendum(PAR Form SOP) 597 ❑Short Sale Addendum to Agreement of Sale(PAR Form SHS) 599ppraisal Contingency Addendum(PAR Form ACA) 599 600 [] 601 602 Buyer Initials:�, Am-/ ASR Page 10 of 11 Seller Initials: j� Revised 9/13 Form generated by:True Forms"' www.trueForms.com 800-499-9612 603 (B) Additional Terms: 604 605 606 607 608 609 610 611 612 618 614 615 616 617 618 619 624 Buyer and Seller acknowledge receipt of a copy of this Agreement at the time of signing. 621 This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original and which coun- 622 terparts together shall constitute one and the same Agreement of the Parties. 623 NOTICE TO PARTIES:WHEN SIGNED,THIS AGREEMENT IS A BINDING CONTRACT.Parties to this transaction are 624 advised to consult a Pennsylvania real estate attorney before signing if they desire legal advice. 625 Return of this Agreement,and any addenda and amendments,including return by electronic transmission,bearing the signatures 626 of all parties,constitutes acceptance by the parties. (33 � Buyer has received the Consumer Notice as adopted by the State Real Estate Commission at 49 Pa.Code §35.336. �,.._� Buyer has received a statement of Buyer's estimated closing costs before signing this Agreement. !_ Buyer has read and understands the notices and explanatory information in this Agreement.Buyer has received a Seller's Property Disclosure Statement before signing this Agreement,if required by law (see Information Regarding the Real Estate Seller Disclosure Law). Buyer has received the Deposit Money Notice(for cooperative sates when Broker for Seller is holding deposit V money)before signing this Agreement. Buyer has received the Lead-Based Paint Hazards Disclosure,which is attached to this Agreement of Sale,and the pamphlet Protect Your Family from Lead in Your Home(for properties built 1�prior r to 11978) 637 BUYERF DATE 1 7 / J 638 BUYER (�tv�n xJt d Q DATE /,,a 639 BUYER DATE 640 Seller has received the Consumer Notice as adopted by the State Real Estate Commission at 49 Pa.Code§35.336. 641 Seller has received a statement of Seller's estimated closing costs before signing this Agreement. 642 Seller has read and understands the notices and explanatory information in this Agreement. 643 SELLER � `f' DATE It"•��� 044 SELLER DATE 645 SELLER DATE I ASR Page 11 of 11 Revised 9/13 Form generated by:TrueFormse' www.7raeFarms.com 800-499-9612 APPRAISAL CONTINGENCY ADDENDUM TO AGREEMENT OF SALE ACA This form recommended and approved for,but not restricted to use by,the members of the Pennsylvania association of REALTORS@(PAR) 1 PROPERTY �A 2 SELLER J r-- o 3 BUYER 4 DATE OF AGREEMENT 12-1411 6 1. The Agreement of Sale is contingent upon the Property being appraised in a manner that is acceptable to underwriter(if Buyer is obtaining 7 fi ancing)and at a yslue that is equal to or higher than: /)At) 9 ❑ %of the Purchase Price 10 r-1 The Purchase Price 11 12 2. Contingency Period: 7,5 days(21 if not specified)from the Execution Date of the Agreement. 13 Within this Contingency Period,Buyer may obtain an appraisal of the Property from.a Pennsylvania certified appraiser.if Buyer is obtain- 14 ing mortgage financing, the appraisal shall be performed by a Pennsylvania certified appraiser selected by the mortgage lender to whom 16 Buyer has made application for financing. if Buyer is not obtaining mortgage financing, the appraisal shall be performed by a Pennsylvania 16 certified appraiser selected by Buyer. 17 (A) If the terms of Paragraph I are satisfied, Buyer accepts the Property and agrees to the terms of the RELEASE paragraph of the is Agreement of Sale. 19 (B) If the terms of Paragraph 1 are not satisfied,Buyer will deliver a copy of the appraisal report to Seller, and Buyer will,within the 20 Contingency Period: 21 1. Terminate the Agreement of Sale by written notice to Seller, with all deposit monies returned to Buyer according to the terms of 22 Agreement of Sale,OR 23 2. Enter into a mutually acceptable written agreement with Seller. 24 25 3. If Buyer does not terminate the Agreement of Sale or enter into a mutually acceptable written agreement with Sellerwithin this Contingency 26 Period,Buyer waives this contingency. 27 28 All other terms and conditions of the Agreement of Sale remain unchanged and 29 30 WITNESS._ BUYER DATE z—� t /C 31 WITNESS BUYER&) DATE,, 32 WITNESS BUYER ... ... DATE 33 WITNESS SELLER DATE 34 WITNESS SELLER DATE 36 WITNESS SELLER - DATE COPYRIGHT PENNSYLVANIA ASSOCIATION OF REALTORSO 2008 Pennsylvania Association of REALTORS' 08/08 Form generated by:TrueForme www.TrueForms.com 800-499-9612 NOTICE REGARDING CONVICTED SEX OFFENDERS(MEGAN'S LAW) The Pennsylvania General Assembly has passed legislation .(often referred to as "Megan's Law," 42 Pa.C.S. § 9791 et seq.) provid- ing for community notification of the presence of certain convicted sex offenders. Buyers are encouraged to contact the munici- pal police department or the Pennsylvania State Police for information relating to the presence of sex offenders near a par- ticular property,or to check the information on the Pennsylvania State Police Web site at www.pameganslaw.state.paus. 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 the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) income tax withholding. 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 foreign persons, certain purchasers' agents, and settlement offi- cers are required to withhold 10 percent of the amount realized (special rules for foreign corporations). Withholding is intended to ensure U.S. taxation of gains realized on disposition of such interests. The transferee/Buyer is the withholding agent. If you are the transferee/Buyer.you must find out if the transferor is a foreign person. If the transferor,is a foreign person and you fail to withhold, you may be held liable for the tax. NOTICE REGARDING REAL ESTATE TAXES(Paragraph 2:Purchase Price and Deposits) Real Estate Tax Proration:For purposes of prorating real estate taxes,the"periods covered"by the tax bills are as follows: }Municipal Taxes: For all counties and municipalities in Pennsylvania,tax bills are for the period January 1 to December 31. School Taxes: For all school districts, other than the Philadelphia, Pittsburgh and Scranton school districts, the period covered by the tax bill is July 1 to 1ime 30. For the Philadelphia, Pittsburgh and Scranton school districts, tax bills are for the period January 1 to December 31. Real Estate Assessment: In Pennsylvania, taxing 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 value for the property and an increase in property taxes. Also, periodic county-wide property reassessments may change the assessed value of the property and result in a change in property tax. NOTICE TO BUYERS SEEKING MORTGAGE FINANCING(Paragraph 8:Mortgage Contingency) The appraised value of the Property is used by lenders to determine the maximum amount of a mortgage loan. The appraised value is determined by an independent appraiser, subject to the mortgage lender's underwriter review, and may be higher or lower than the Purchase Price and/or market 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. LTV is deter- mined by dividing the requested loan amount by either the Purchase Price or the appraised value of the property, whichever is lower. Aparticular LTV may be necessary to qualify for certain loans, or Buyers might be required to pay additional fees if the LTV exceeds a specific level. NOTICE REGARDING TRUTH IN LENDING(Paragraph 8:Mortgage Contingency) The Mortgage Disclosure improvement Act requires mortgage lenders to provide Buyer with a Truth in Lending CM)statement at the time of mortgage application(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 a re-disclosure of a TEL staw- 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.125 percent based on factors including,but not limited to,Seller credits,changes in loan amount or duration,and Settlement Date change.If the Buyer and Seller agree to modify the Settlement Date in response to the TIL statement waiting period,or for any other reason,it should be done by mutual written agreement of the parties. (+ _.f Buyer Ynitials: t"Vy�Y' Page 1 Seller Initials:t"�/��•cJ Form generated try:True Forms'" www.TrueForms.com 800499-9612 SEWAGE NOTICES(Paragraph 10:Seller Representations) NOTICES PURSUANT-TO THE PENNSYLVANIA'SEWAGE FACILITIES ACT NOTICE 1: THERE IS. NO CURRENTLY, EXISTING COMMUNITY SEWAGE SYSTEM 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 permit. Buyer is advised by this notice that, before signing this Agreement, Buyer should contact the local agency charged with administering the Act to determine 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 where the Property is located or that municipality working cooperatively with;others. NOTICE 2: .THIS PROPERTY IS SERVICED BY AN INDIVIDUAL SEWAGE SYSTEM INSTALLED UNDER THE TEN-ACRE PERMIT EXEMPTION PROVISIONS OF SECTION 7 OF THE PEN_ NSYLVANIA 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 system 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 WHICH SEWAGE IS CONVEYED BY A WATER CARRYING SYSTEM AND WHICH IS DESIGNED AND'CON- STRUCTED TO FACILITATE ULTIMATE DISPOSAL OF THE SEWAGE AT ANOTHER SITE. Pursuant to'the Pennsylvania Sewage 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.-INDIVIDUAL SEWAGE SYSTEM HAS BEEN INSTALLED AT AN ISOLATION DISTANCE FROM A WELL THAT IS LESS THAN THE DISTANCE SPECIFIED BY REGULATION. The regulations at 25 Pa. Code §73.13 pertaining to minimum horizontal isolation distances provide guidance. Subsection (b) of §73.13 states that the minimum horizontal isolation distance between an individual water supply or water supply system suction line and-treatment tanks.shall be 50 feet. Subsection (c) of §73.13 states that the hori- zontal isolation distance between the individual water supply or water supply system suction'line and'the perimeter of the absorption area shall be 100 feet. NOTICE 5: THIS LOT IS WITHIN AN AREA IN WHICH PERMIT LIMITATIONS ARE IN EFFECT,AND IS SUBJECT . TO THOSE LIMITATIONS. SEWAGE FACILITIES ARE NOT AVAILABLE FOR THIS LOT AND CON- STRUCTION OF-A STRUCTURE TO BE SERVED BY SEWAGE FACILITIES MAY NOT BEGIN UNTIL THE MUNICIPALITY COMPLETES A MAJOR PLANNING REQUIREMENT PURSUANT TO THE PENNSYLVANIA SEWAGE FACILITIES ACT.AND REGULATIONS PROMULGATED THEREUNDER 1 . i Buyer Initials: y t [ Y 1` Page t Seller Initials:p Form generated by-TrueForme www.TrueForms.com 8OD49US12 1 NOTICES I S REGARDING PROPERTY&ENVIRONMENTAL INSPECTIONS (Paragraph 12:Inspections) Exterior Insulation and Finish Systems (EIS): Exterior Insulation and Finish Systems sometimes referred to as synthetic stucco are multi-layered wall systems applied to the exterior of some homes. Poor or improper installation of EIFS may 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 the lowermost edge of the exterior surface. Vulnerability to leakage depends on structure design as well as the expertise and application skills of the contractor. Damage caused by water intrusion may be both extensive and expensive to repair but may go undetected in the absence of an adequate inspection. Buyers purchasing homes with EIFS construction may seek to engage an inspector experienced in testing for EIFS-related problems who can determine the moisture content of the building's 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 microscopic fibers that remain suspended in the air for long, eriods of time. When inhaled, these fibers easily p p y penetrate body tissue. Asbestos is known to cause Asbestosis and various forms of cancer. Inquiries or requests for more information about asbestos can be directed to the U.S. Environmental Protection Agency, ArieI Rios Building, 1200 Pennsylvania Ave., N.W., Washington, D.C. 20460, and/or the Department of Health,Commonwealth of Pennsylvania,Division of Environmental Health,Harrisburg,PA 17120. Electromagnetic Fields:Electromagnetic Fields (EMFs) occur around all electrical appliances and power lines. Conclusive evi-. dente that EMFs pose health risks does not exist at present,and Pennsylvania has no laws regarding this issue. Environmental Hazards:The U.S. Environmental Protection Agency has a list of hazardous substances, the use and disposal of which are restricted by law. Generally, if hazardous substances are found on a property, it is the property owner's responsibility to dispose of them properly. For more information and a list of hazardous substances, contact the U.S. Environmental Protection Agency,Ariel Rios Building,1200 Pennsylvania Ave.,N.W,Washington,D.C.20460,(202)260-2090. Wetlands:Wetlands are protected by the federal and state governments. Buyer may wish to hire an environmental engineer to investigate whether the Property is Iocated in a wetlands area to determine if permits for plans to build, improve or develop the prop- erty would be affected or denied because of its location in a wetlands area. Mold, Fungi and Indoor Air Quality: Indoor mold contamination and the inhalation of bioaerosols (bacteria, mold spores, pollen and viruses) have been'associated with allergic responses including upper respiratory congestion, cough, mucous membrane irrita- tion, fever, chills, muscle ache or other transient inflammation or allergy. Claims have been asserted that exposure to mold contain ination and bioaerosols has led to serious infection, immunosuppression and illnesses of neuro or systemic toxicity. Sampling of indoor air quality and other methods exist to determine the presence and scope of indoor contamination. Because individuals may be affected differently, or not affected at all, by the presence of mold or other bioaerosols, Buyer may wish to engage 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 bioaerosols can be performed by qualified industrial hygienists, engineers, laboratories and home inspection compa- nies that offer these services. Information about indoor air quality issues is available through the U.S. Environmental Protection Agency and may be obtained by contacting IAQ INFO,P.O.Box 37133,Washington,D.C.20013-7133,1-800-438-4318. 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 air-space 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 building for radon in Pennsylvania must be certified by the Department of Environmental Protection. Information about radon and about certified testing or mitigation firms is available through Department of Environmental Protection, Bureau of Radiation Protection, 13th Floor, Rachel Carson State Office Building, P.O. Box 8469,Harrisburg,PA 17105-8469,(800)23RADON or(717)783-3594.www.epa.gov NOTICES REGARDING RESIDENTIAL LEAD-BASED PAINT HAZARD REDUCTION ACT (Paragraph 12:Inspections) Lead-Based Paint Hazards Disclosure Requirements (for properties built before 1978): The Residential Lead-Based Paint Hazard Reduction Act requires any Seller of property built before 1978 to provide the Buyer with an EPA-approved lead hazards information pamphlet titled Protect Your Family from Lead in Your Home and to disclose to the Buyer and the broker(s) the known presence of lead-based paint and/or lead-based paint hazards in or on the property being sold, along with the basis used for deter- mining that the hazards exist, the location of the hazards, and the condition of painted surfaces. Any Seller of a pre-1978 structure must also provide the Buyer with any records 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 dwellings in multi-family housing. Before a Buyer is obligated to purchase any housing constructed prior to 1978, the Act requires the Seller to give the Buyer 10 days (unless Buyer and Seller agree in writing to another time period) to conduct a risk assessment or inspection for the presence of lead-based paint and/or lead-based paint hazards. The opportunity to conduct a risk assessment or inspection may be waived by the Buyer, in writing.Neither testing nor abatement is required of the Seller.Housing built in 1978 or later is not subject to the Act. Buyer Initials:_ � Page 4 Seller Initials: P.em Form generated by:TrueForms'" www.TrueForms.com 800-499.9812 LEAD WARNING STATEMENT (FOR PROPERTIES BUILT BEFORE 1978) Every purchaser of any interest in residential real property on which a residential dwelling was built prior to 1978 is notified that such property may present exposure to lead from lead-based paint that may place young children at risk of developing lead poisoning. Lead poisoning in young children may produce permanent neurological damage, including learning disabilities, reduced intelligence quotient, behavioral problems, and impaired memory. Lead poisoning also poses a particular risk to pregnant women. The Seller of any interest in residential real property is required to provide the Buyer with any information 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 HOME INSPECTION LAW(68 Pa.C.S.A.§7501,et seq.) (Paragraph 12:Inspections) Applicability:The Home Inspection Law applies to "residential real estate transfers," defined as a sale, exchange, installment s es contract, lease with an option to buy, grant or other transfer of an interest in real property where NOT LESS THAN ONE AND NOT MORE.THAN FOUR RESIDENTIAL DWELLING UNITS are involved. (See Notice Regarding The Real Estate Seller Disclosure Law(exceptions 1-8)for a list of exceptions to this general rule.) , The following definitions are taken from the text of the Home Inspection Law Home Inspection: A non-invasive, visual examination of some combination of the mechanical, electrical or plumbing.systems 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 term 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 limited to inspec- tion for, or of, one or more of the following: wood-destroying insects, underground tanks and wells, septic systems, swimming pools and spas, alarm systems, air and 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 systems and conditions to be inspected or excluded from inspection may be defined by a contract between the home inspector and the client. Home inspection Report:A written report on the results of a home inspection. A home inspection report shall include: (1) A description of the scope of the inspection, including without limitation an identification of the 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 unreasonable risk to people on the property shall be conspicuously identified as such. A 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 may be 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 type of repair involved. Seller shall have the right, upon request, to receive without charge a copy of any inspection report from 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: (1) 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 ongo- ing condition of membership. A Buyer shall be entitled to rely in good faith, without independent investigation, on a written representation by a home inspector that the home inspector is a full member in good,standing of a national home inspection association. Material defect: A problem with a residential real property or any portion of it that would have a significant 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, system 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. {� y Buyer Initials: � Page 5 Seller Initials: Form generated by:True Forme www.TrueForms.com 800-499-9612 NOTICES REGARDING CONDOMINIUMS AND PLANNED COMMUNITIES (Paragraph 15:Condominium/Planned Community(Homeowner Association)Resale Notice) Definition of a Condominium The Uniform Condominium Act defines a"condominium"as real estate,portions of which are designated for separate ownership and the remainder of which is designated for common ownership 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 Community The Uniform Planned Community Act defines a"planned community"as real estate with respect to which a person,by virtue of ownership of an interest in any portion of the real estate,is or may become obligated by covenant,easement or agreement imposed an the owner's interest to pay any amount for real property taxes,insurance,maintenance,repair,improvement,management,administration or regulation of any part of 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 be part of a planned community.For the purposes of this definition,"ownership"includes holding a leasehold interest of more than 24 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: When a Certificate of Resale Is Not Required 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- ing circumstances: (1)The Planned Community contains no more than 12 units,provided there is no possibility of adding real estate or subdividing units to increase the size of the Planned Community. (2)The Planned Community/Condominium is one in which all of the units are restricted exclusively to non-residential use,unless the dec- laration provides that the resale provisions are nevertheless to be followed. (3)The Planned Community/Condominium 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 court order. (6)The transfer of the unit is by the government or a governmental agency. (7)The transfer of the unit is the result of foreclosure or in lieu of foreclosure. Notices Regarding Public Offering Statements and Right to Rescission If Seller is a Declarant of the condominium or planned community, Seller is required to furnish Buyer with a copy of the Public Offering Statement and its amendments.For condominiums,the delivery of the Public Offering Statement must be made no later than the date the Buyer executes this Agreement.Buyer may cancel this Agreement within 15 days after receiving the Public Offering Statement and any amendments that materially and adversely affect Buyer.For planned communities,the Declarant must provide the Buyer with a copy of the Public Offering 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 and any amendments that materially and adversely affect Buyer. NOTICES REGARDING RECREATIONAL CABINS(Paragraph 16:Title,Surveys&Costs) The following defi=tA tions and requirements are taken from the Pennsylvania Construction Code Act(35 P.S.§7210.101 et.seq.) •Recreational Cabin is a structure which is: (1)Utilized principally for recreational activity; (2)Not utilized as a domicile or residence for any individual for any time period; (3)Not utilized for commercial purposes; (4)Not greater than two stories in height,excluding basement; (5)Not utilized by the owner or any other person as 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,driver`s license,car registration or voter registration. •recreational cabin may be exempt from the provisions 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 with 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 meets . the definition of a"recreational cabin"in Section 103 of the Act;or . (b)A valid proof of insurance for the recreational cabin, written and issued by an insurer authorized to do business in this Commonwealth,stating that the structure meets the definition of a"recreational cabin"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 subject to municipal regulation. Failure to comply with this notice requirement shall render the sale void at the option of the purchaser. Buyer Initials: Page 6 Seller Initials:,PY/11'� c Form generated by:TrueFonne www.TrueForms.com 600-499.9672 __ _ NOTICES REGARDING PRIVATE TRANSFER FEES(Paragraph 16:Title,Surveys+&Costs) In Pennsylvania,,Private Transfer Fees are defined and regulated in the Private Transfer Fee Obligation Act(Act 1 of 2011; 68 Pa.C.S. §§ ` 8101,et.seq.),which defines a Private Transfer Fee as"a fee that is payable upon the transfer of an interest in real property,or payable for the right to make or accept the transfer,if the obligation to pay the fee or charge runs with title to the property or otherwise binds subsequent owners of property,regardless of whether the fee or charge is a fixed amount or is determined as a percentage of the value of the property,the purchase price or�other consideration given for the transfer."A Private Transfer Fee must be properly recorded to be binding,and sellers must disclose the existence of the fees to prospective buyers.Where a Private Transfer Fee is not properly recorded or disclosed,the Act gives cer- tain rights and protections to buyers. NOTICES REGARDING MEDIATION(Paragraph 24:Mediation) ROME SELLERS/HOME BUYERS DISPUTE RESOLUTION SYSTEM RULES AND PROCEDURES j1. Agreement 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 a separate written agreement. 2. Initiation of Mediation: If a dispute exists, any party may start the-mediation process by submitting a completed Request to Initiate Mediation DRS Transmittal Form(Transmittal Form)to the local Association of REALTORSO(hereafter"Administrator).The Transmittal Form should be available through the Administrator's office.The initiating party should try to include the following information when send- ing the completed Transmittal 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 mediation process. b. The names,addresses and telephone numbers of the parties involved in the dispute,including the name of every insurance com- pany known to have received notice of the dispute or claim and the corresponding file or claim number. c. A brief statement of the facts of the dispute and the damages or relief sought. 3. Selection of Mediator-Within five days of receiving the completed Transmittal Form,the Administrator will send each party to the dis- pute a copy of the Transmittal Form and a list of qualified mediators and their fee schedules.Each party then has ten days to review the list of mediators,cross off the name of any mediator to whom the party objects,and return the list to the Administrator.The Administrator will appoint the first available mediator who 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 give their written consent. 4. Mediation Fees:Mediation fees will be divided equally among the parties and will be paid before the mediation conference.The parties will follow the payment terms contained in the mediator's fee schedule. S. Time and Place of Mediation Conference:Within ten days of being appointed to the dispute,the mediator will contact the parties and set the date,time and place of the mediation conference.The mediator must give at least twenty 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 settlement to 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 conduct an orderly settlement negotiation. b. Will help the parties define the matters in dispute and reach a mutually agreeable solution. c. Will have no authority to render an opinion,to bind the parties to his or her decision,or to force the parties 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. S. ConfidentiaHty:No aspect of the mediation can be relied upon or introduced as evidence in any arbitration,judicial or other proceeding. This includes,but is not limited to,any opinions or suggestions made by any party regarding a possible settlement;any admissions made during the course of the mediation;any proposals or opinions expressed by the mediator;and any responses given by any party to opinions, suggestions,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 course of mediation and signed by all the parties. Neither the mediator nor the Administrator can be compelled to testify in any proceeding regarding information given or representations made either in the course of the mediation or in any confidential communication. 9. Mediated Settlement:When a dispute is resolved through mediation,the mediator will put the complete agreement in writing and all par- ties will sign the written agreement within ten days of the conclusion of the mediation conference.Every reasonable effort will be made to sign the written agreement at the end of the conference. 10.Judicial Proceedings and Immunity:NEITHER THE ADMINISTRATOR,THE MEDIATOR,THE NATIONAL ASSOCIATION OF REALTORSO, THE PENNSYLVANIA ASSOCIATION OF REALTORS@. NOR ANY OF ITS.MEMBER BOARDS, WILL BE DEEMED NECESSARY OR INDISPENSABLE PARTIES IN ANY JUDICIAL PROCEEDINGS RELATING TO MEDIATION UNDER THESE RULES AND PROCEDURES,NOR WILL ANY OF THEM SERVING UNDER THESE PROCEDURES BE LIABLE TO ANY PARTY FOR ANY ACT,ERROR OR OMISSION IN CONNECTION WITH ANY SERVICE OR THE OPERATION OF THE HOME SELLERS/HOME BUYERS DISPUTE RESOLUTION SYSTEM. Buyer Initials: Page 7 Seiler Initials: I S Form generated 6Y:True Forme'. www.TrueForms.com 800.499-9612 NOTICES REGARDING THE REAL ESTATE SELLER DISCLOSURE LAW (Page 11:Signature Page) The Real Estate Seller Disclosure Law requires that before an agreement of sale is signed,the Seller in a residential'real estate 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 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 ONE AND NOT MORE THAN FOUR RESIDENTIAL DWELLING UNITS are involved. The 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 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 between spouses 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. 7. Transfer of a property 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,conservatorship or trust. 10.Transfers of new construction that has never been occupied when: a. The Buyer has received a one-year warranty covering the construction; b. The building has been inspected for compliance with the applicable building code or,if none,a nationally recognized model build- ing code;and c. A certificate of occupancy or a certificate of code compliance has been issued for the dwelling. In addition to these exceptions,disclosures for condominiums and cooperatives are limited to the Seller's particular unit(s).Disclosures regard- ing common areas or facilities are not required,as those elements are already addressed in the laws that govem the resale of condominium and cooperative interests. Buyer Initials: (v y Page 8 Seller Initials: Form generated by:TrueForme www.TrueForms.com 800-499-9612 Tax Parcel#15-05-0413-095 THIS DEED - MADE THIS '44 day of in the year of our Lord two thousand and fourteen BETWEEN PAUL W. MILLER and SANDRA K.KILLLIAN,Co-Administrators of the ESTATE OF VESTA P.BEAR,late of Lower Mifflin Township,Cumberland County,Pennsylvania hereinafter referred to as"Grantors" AND IAN M.DIETRICH,single man,and K.MICHAEL SPENCER,single woman,of 2 Meadows Road,Cumberland County,Pennsylvania 17241, hereinafter called"Grantees". WHEREAS, the said Vesta P. Bear was vested in her lifetime with title to real estate hereinafter described, situate in Lower Mifflin Township, Cumberland County, Commonwealth of Pennsylvania;and, WHEREAS, the said Vesta P.Bear died intestate on May 10,2013; and, WHEREAS, Letters of Administration were issued to the said Paul W. Miller and Sandra K. Killian, Co-Administrators for the Estate of Vesta P. Bear, to estate file #21-13-0911 of the said Office of the Register of Wills;and WITNESSETH, that for and in consideration of the sum of ONE HUNDRED SIX THOUSAND DOLLARS ($106,000.00), in hand paid, the receipt whereof is hereby acknowledged, the said Grantors do hereby grant and convey, in fee simple to the said Grantees, their heirs and assigns, as joint tenants with right of survivorship and not as tenants in common, ALL THAT CERTAIN tract of land, together with improvements thereon, situate in Lower Mifflin Township, Cumberland County, Pennsylvania, more fully bounded and described as follows: BEGINNING at a set iron pin located at the southwest comer of real estate owned now or formerly of Michael H. Kough, at the northern edge of a 50' Private Right-of-Way; thence along said 50' Private Right-of-Way South seventy-three (73) degrees fifty-one (51) minutes fifty-two (52) seconds West a distance of one hundred ninety-seven and thirty-four hundredths(197.34) feet to a set iron pin;thence along lands now or formerly of Charles L. Bear North sixteen(16)degrees 1 WEIGLE E ASSOCIATES, PC. - ATTORNEYS AT LAW - 126 EAST KING STREET - SHIPPENSBURG, PA 17257-1397 eight (8) minutes nineteen (19) seconds West a distance of four hundred forty-one and fifty-nine hundredths(441.59)feet to a set iron pin located at the boundary of lands now or formerly of Lee A. Clouse et al; thence along lands of Clouse North sixty-five (65) degrees thirty (30) minutes fifty-six (56) seconds East a distance of one hundred ninety-eight and twenty-eight hundredths (198.28) feet to an iron pin located at the northwest comer of lands now or formerly of David S. Keefauver,thence along lands now or formerly of Keefauver, Wayne H.Johnson,Jr. and Michael H. Kough South sixteen (16) degrees sixteen (16) minutes thirty (30) seconds East a distance of four hundred seventy and thirty-eight hundredths (470.38) feet to an iron pin located at the southwest comer of lands now or formerly of Michael H. Kough, the place of BEGUiNLNG. CONTAINING 2.0598 acres. BEING Lot No. 21 as set forth on a Subdivision Plan for Charles L. Bear, prepared by Eric L Diffenbaugh, R.S., dated May 15, 2001 and recorded in the Office of the Recorder of Deeds,Cumberland County,Pennsylvania,in Plan Book 83 at Page 131. BEING THE residue of the tract of land which Charles L. Bear and Vesta P. Bear, husband and wife,by Deed dated July 1, 2003 and recorded in the office of the Recorder of Deeds of Cumberland County, Pennsylvania in Deed Book 258, Page 1288 granted and conveyed to Charles L. Bear and Vesta P. Bear, husband wife. The said Charles L. Bear died on February 17, 2008 vesting fiffl title in his wife,Vesta P.Bear by right of survivorship. TOGETHER WITH AND SUBJECT TO a 50' Private Right-of-Way as shown on said Subdivision Plan. TOGETHER WITH AND SUBJECT TO a Right-of-Way Agreement dated January 16, 2014 and recorded to Instrument# of the records of the Recorder of Deeds for Cumberland County,Pennsylvania. SUBJECT to restrictions and conditions as shown on the Subdivision Plan referenced above. And the Grantors hereby covenant and agree that they will wan-ant specially the property herein conveyed. AND THE SAID Paul W. Miller and Sandra K. Killian as Co-Administrators and Grantors do covenant,promise and agree to and with the said Grantees,their heirs and assigns,by these presents, that they have not done, committed any act, matter of thing whatsoever whereby the premises hereby granted, or any part thereof, is, are, shall or may be impeached, charged or encumbered in title,or otherwise howsoever. 2 WEIGLE & ASSOCIATES, P.C. - ATTORNEYS AT LAW - 126 EAST KING STREET - SHIPPENSBURG, PA 17257-1397 f IN WITNESS WBEREOF, Grantors herein,have hereunto set the hand and seals the day and year first above written. Signed, Sealed and Delivered in the Presence of ESTATE OF VESTA P.BEAR By: Witne PAUL W.MILLER Co-Administrator Witness SANDRA K.KILLIAN Co-Administrator 3 WEIGLE & ASSOCIATES, P.C. - ATTORNEYS AT LAW - 126 EAST KING STREET - SHIPPENSBURG. PA 17257-1397 COMMONWEALTH OF PENNSYLVANIA SS COUNTY OF CUMBERLAND On this, th c A::� day of f ? '� 2014, before me, L AU the undersigned officer, ersonally appeared Paul W. Miller, Co-Administrator of the Estate of Vesta P. Bear, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument, and acknowledged that he executed the same in the capacity therein stated for the purposes therein contained. IN WITNESS WHEREOF,I hereunto set my hand and official seal. Notarial Seal Kathy L.Mummers,Notary Public We Borough,Cumberland County, P MY C ommission Expires AMpat 11,- is.. 1400tary blic COMMONWEALTH OF PENNSYLVANIA SS COUNTY OF CUMBERLAND On this, the a day of � 1 2014; before me, L the undersigned offc r, personally appeared Sandra K. Killi Co-Administrator of the Estate of Vesta P.Bear,known to me(or satisfactorily proven)to be the person whose name is subscribed to the within instrument, and acknowledged that she executed the same in the capacity therein stated for the purposes therein contained. IN WITNESS WHEREOF,I hereunto set my hand and official seal. Notarial Seal Kathy L.Mummers,Notary Public Carlisle Borough,Cumberland County,P 464bClic'My Commission Expires August 11,201 s 4 WEIGLE & ASSOCIATES, PC. - ATTORNEYS AT LAW - 126 EAST KING STREET - SHIPPENSBURG, PA 17257-1397 I do hereby certify that the complete post office address of the within named Grantee is: Date: Attorney/A9 nt the Grantee 5 WEIGLE be ASSOCIATES. PC- — ATTORNEYS AT LAIN — 126 EAST KING STREET — SHIPPENSBVRG, PA 17257-1397 A.Settlement Statement(HUD-1) OMB Approval No.2502-0265 B.Type of Loan 1.❑FHA 2.❑RHS 3.0 Conv.Unins 6.File Number 7.Loan Number. 8.Mortgage Insurance Case Number. 4,❑VA 5.❑Comr.Ins I RE13-209 0562091910 N/A 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&Address of Borrower. E.Name&Address of Seller. F.Name&Address of Lender. Ian M. Dietrich Estate of Vesta P. Bear AgChoice Farm Credit, ACA/FLCA K. Michael Spencer 528 Shed Road 900 Bent Creek Blvd. 2 Meadows Road Newville, PA 17241 Mechanicsburg, PA 17050 Nevville, PA 17241 G.Property Location: H.Settlement Agent TIN: 528 Shed Road Orchard Settlement Services, LLC Lower Mifflin Twp I Irvine Row, Suite B Phone-. (717) 249-7867 Newville, PA 17241 Carlisle, PA 17013 Parcel: 15-05-0413-095 Place of Settlement 1.Settlement Date. 1/22/2014 1 Irvine Row, Suite B County: Cumberland Carlisle, PA 17013 Funding Date: 1/22/2014 J.Summary of Borrower's Transaction K Summary of Settees Transaction 100.Gross Anxnxd Due From Borrower 400.Gross Amount Due To Seller 101.Contract sales price 106,000.00 401.Contract Sales price 106,000.00 102.Personal property 402 Personal property 103.Settlement changes to borrower pine 1400) 5,116.87 403. 104. 404. M.Association Stock to AgChoice 1,000.00 405. Adjustments for items paid by seller In advance Adjustments for Items paid by seller in advance 106.CityAown taxes: 406.CityAown taxes: to to 107.County taxes: 407-County taxes: to to 108.Assessments: 408.Assessments: to to 109- 409. 110.School Tax 1/22/2014-6/30/2014 625.03 410.school Tax 1/22/2014-6/30/2014 625.03 I'll. 411. 112- 412- 120.Gross Amount Due From Borrower 112,771.90 420.Gross Amount Due To Seller 106,625.03 200.Amounts Paid By Or In Behalf Of Borrower 600.Reductions In Amount Due To Seller 201.Deposit or earnest money 5,000-00 501.Excess deposit(see instructions) 202.Principal amount of new loan(s) 84,800.00 502.Settlement charges to seller pine 1400) 10,015.00 203.Existing loan(s)taken subject to 50.Existing loan(s)taken sWpd to 204. 504.Payoff of W Mortgage loan 205. 505.Payoff of second mortgage loan 206.Seller credit 583.00 506.Seller credit 583.00 207. 507.Escrow for Inheritance Taxes 7,155.00 208. 508.Escrow for frozen pipe 500.00 209. 50-0. Adjustments for items unpaid by seller Adjustments for items unpaid by seller 210.Cityltown taxes: 510.Cityltown taxes: to to 211-County taxes:1/1/2014-1/22/2014 16.95 511.County taxes*I/1/2014-1/22/2014 16.95 to to 212.Assessments. 512.Assessments: to to 213. 513. 214. 514. 215. 515. 216. 516. 217- 517- 218. 5% 219. 519. 220.Total Paid By/For Borrower 90,399-95 520.Total Reduction Amount Due Seller 18,269.95 300.Cash At Settlement Frornrro Borrower 600.Cash At SettlementTo/From Seller 301-Gross Amount due from borrower pine 120) 112,771.90 601.Gross amount due to seller fine 420) 106,625.0 302.Less amounts paid by/for borrower Pine 220) 90,399.95 602.Less reductions in amount due seller(line 520) 18,269.9! 303.Cash 99 From ❑To Borrower 22,371.95 603.Cash OTo O From Setter 88,355.08 The Public Reporting Burden for this collection of information is estimated at 35 minutes per response for collecting,reviewing,and reporting the data.This agency may not collect this information, and you are not required to complete this form,unless it displays a currently valid OMB control number. No confidentiality is assured;this disclosure is mandatory.This is designed to provide the parties to a RESPA covered transaction with information during the settlement process. 0 2009-2011 Easy SoP,Previous editions are obsolete- Page 1 of 3 HUD-1 i L Settlement Charges File Number.RE13-209 Loan Number.0562091910 700.Total Real Estate Broker Fees Paid From Paid From Division of Commission(rme 700 as follows: Borrowers Sellers 701.$3,180.00 to C-21: A Better Ray Funds at Funds at 702.$3,180.00 to Hooke, Hooke 6 Eckman Settlement Settlement 703.Commission paid at settlement 6,360.00 7D4. 800.items Payable In Connection With Loan 801.Our origination charge $865.00 (from GFE#1) 802.Your credit or charge(points)for the specific interest rate chosen $ (from GFE S2) 803.Your adjusted origination charges (from GFE A) 865.00 804.Appraisal fee to McCarthy Associates (from GFE 03) 475.00 805.Credit report to (from GFE 13) 806.Tax service to (from GFE 13) 807.Flood certification to Lereta, LLC from GFE#3 18.00 808.Escrow service to AgCboice Farm Credit Bank from GFE 933 69.00 809. 810. ei 1. 900.Items Required By Lender To Be Paid In Advance 901.Daily interest charges from 1/22/2014 to 1/31/2014 @ $12.3667/day (f MGFE910) - 111.30 902.Mortgage insurance premium for 0 months to (from GFE 33) 903.Homeowner's insurance for 0 years to (from GFE#11 904. 905. 1000.Reserves Deposited With Lender 1001.initial deposit for your escrow account from GFE#9 1,015.07 1002.Homeowner's insurance 3 months @ 32.25 per mo $96.75 1003.Mortgage insurance months @ per mo $ 1004.Property taxes 12 months @ 23.44 per mo $281.28 1005.School taxes 8 months @ 119.57 per mo $956.56 1006. months @ per no $ 1007.Aggregate Adjustment $-319.52 1100.Title Charges 1101.Title services and lenders title insurance (from GFE 34) 1,14 9.50 1102.Settlement or closing fee 1103.Owners title insurance Old Republic Title Co. (from GFE 35) 112.50 1104.Lenders We insurance Old Republic Title Co. $817.50 1105.Lenders title policy Emit $84,800.00 1106.Owner's title policy limit $106,000.00 1107.Agent's portion of the total insurance premium $918.00 1108.Underwriters portion of the total insurance premium $162.00 1109.End. 100, 300, 8.1 to Old Republic Title Company $150.00 1110.Closing Protection Ltr to Old Republic Title Company $75.00 1111.Total from addendum $107.00 2,500.00 1200.Government Recording and Transfer Charges 1201.Government recording charges Recorder of Deeds from GFE M 144.00 1202.Deed$67.00 Mortgage$77.00 Release$ 1203.Transfer taxes from GFE 3'8 1,060.00 1204.City/County tax/stamps:Deed$ Mortgage$1,060.00 1205.State tax/stamps:Deed$1,060.00 Mortgage$ 1,060.00 1206.right of way agreement $ 95.00 1207. $ 1300.Additional Settlement Charges 1301.R wired services that you can shop for (from GFE#6 1302. 1303. 1304. 1305.Title transfer fees to Boardwalk Investments, LTD 127.50 1306. 1307. 1308. 1400.Total Settlement Charges enter on lines 103,Section J and 502,Section .5,146.871 10,015.00 1 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 disbur ments made o�yaccq y me in this transaction.)further certify that I have received a copy of the HUD-1 Settlement Statement JA IA M. Dietrich BuyerBomower Estate of Vesta P. Bear Seller -41 A e- k) -14%�. Ahy\ K. Michael Spender Buyedsorrower Seller The HUD-1 Settlement Statement I have prepared is a true and accurate account of this transaction. I have caused or will cause the funds to be disbursed' accordance with th" lament. 1/22/2014 _ and Settle Services, LLC Settlement Agent Date WARNING R is a rn make false st denvnts to tie United States on this or arry other simEar form.PenalBes upon conviction can hx*rde a fine orimprisownent. 0 2009-2011 EasySo&Previous editions are obsolete. Page 2 of 3 HUD-1 MWOOMWA Charges That Cannot Increase r"r�`... ,• , HUD-1 Line Number Our origination charge ;- , Y' 4801 865.00 865.00 Your credit or charge(points)for the specific rate chosen " #802 0.00 0.00 Your adjusted origination charges 1#803 865.00 865.00 Transfer taxes #1203 ' ` 11,060.00 1,060.00 Government recording charges 41201 227.50, 144.00 Appraisal fee 5804 500.00 475.00 Flood certification #807 18.00 18.00 Escrow service 69.00 69.00 -,814,50 ,r v. 706:00 ��• r108.50 1 or _13.328 Initial deposit for your escrow account '#1001 988.0 @2 1,015.07 Daily interest charges #901 -12.37 111.30 Homeowners Insurance #903 800.00 0.00 Title services and lendees title insurance,. #1101 1,612.50 '1,149.50 Owner's tPJe Insurance, #1103 112.50 112.50 Loan Tern-vs- -Your initial loan amount is _ ;'w 584,800.00_.• Your ban term is 15 Years Your initial Interest rate is 5:25% Your initial monthly amount owed for principal,interest,and $681.69 indudes ' any mortgage'insurance is IJ Principal ' ®Interest •. ' ❑Mortgage Insurance :Can you#Interest rate rise? 19 No.❑Yes,it can rise to a maxmhunh of %:The first change iiW be on and can change again every, after Every change date,jour interest rate can increase or decrease by %.Over the Ife of the loan,your interest rate is guaranteed to never be lower than %or higher than %. -Even Wyori make payments on time,can your loan balance rise? ®NO.❑Yes,R can rise to o maximum of S • s Even If you make payments on time,can your monthly ®No.❑Yes,the fast increase"can be on and the-monthly amount amount owed for principal,interest,and mortgage insurance rise?. owed can rise to$'. The maximum It can ever rise to is$ . Does your ban have a prepayment penalty? ®No.❑Yes,your maximum prepayment penalty is$ Does your Loan have a balloon payment? ®No.❑Yes,you have a balloon payment of S due in years on 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 duecl{ yourself. 0 You have an additional monthly escrow payment of$175.25 ' that results in a total initial monthly amount owed of$856.94.This includes principal,interest,any mortgage insurance and any items checked below.. C9 Property taxes 0 Homeowner's Insurance ' 0 Flood insurance ®School taxes_ '.Note:If you have any questions about the Settlement Charges acid Loan Terns listed on this forth,please contact your.tender, 0 2009-2011 Easy Soft.Previous edr'h'ons are obsolete-• 'Page 3 of 3• "" - HUD-1 ADDENDUM PAGE for HUD-1 Name and Address of Additional Borrower(s) Name and Address of Additional Seller(s) 1100.Title Charges(Addendum) 1112.Notary to Cash $20.001 0.00 1113.0vernight/Email/tilire to Orchard Settlement Services, LLC $87.00 0.00 1114.Attorney fees to Weigle & Associates $0.001 1 2,500.00 Total $107.001 1 2,500.00 CERTIFICATION:I have carefully reviewed the HUD-1 Settlement Statement and to the best of my knovAedge and belief,d is a true and accurate statement of all receipts and disbursements made on my account or by me in this transaction. 1 further certify that I received a copy of the HUD-1 Settlement Statement. 0 2009-2011 Easy Soft.Previous editions are obsolete. Addendum Page HUD-1 , CERTIFICATE OF TITLE FOR A VEHICLE : x • F; 04211i��?2DClf3��0=DD1 :': ,:: 4�3,3,L133TA8 2E3�J5. S�CYL.I,Nt_ 67.68 ) BE yy VEIiICLE IDENTIFICATIDP!NULIBER I YFAA' I 'MAKE OF VcH7CLE TITLE NUMBER 'BODY TYPE ' DUP' SEAT CAP PRIOR TITLE STATE'' ODOM.PROCI AVE D �ODOM.Li1LE$.' '; �, ODONL STATUS - - A/1 ! L]/,•fir DATE PA TRED ' DATE OF ISSUE UNLADEN YJEfGFii GVWR 6CY+7R Ti1T.E I3RANOS f �+s } OOFSDE7ER ST�RlS '� +'� t DqA +�� OL(.E`EDS E CyA�A_I t^� • �-•-. •`.'. .P I j1. THE RCEUAL M11,cA(i£-0bOLGTF,it + f. ♦ "w .°•.I` !?7 "'f, C• .N7AMv3'i/ERIFIEO �. ODOMETER DISCLOSURE,�R r'•�Y�'F E•D E R A L LAW a. uPr FROM ODOIAETER t�ISaosustE GISTERED owNERR1'SST = 4 -S a'1`f A r^ ExE °�S ANDS. - !r^ . :t,'wAl. \If 4 •l A.{At.'TtOL•E-+IEHtCL� f f y lsS 6.� 11 Y» i• - r�.4 A' C CLASSIC V=JIM.t.� r �` y+lt j Tr,�i�erit¢tT.�.�J0�6or{gh Y D r•COLLECAL�I.i=vi!- E L & VI�S`Tl�, P�, ar . ' Yk c i ` a _,,:F46 of cot NrAV L 1'�`a(p• r D owan+Aay'MF(ab MR IrtOtiU& L1�„7Yt'�.. ryi , U T7�'i.J' R LA ?s�•° \J'1fd'�.a^��,�,. { �� H. jfY`!}VEHI + L •VEHICLE .N,F,KV.I L L.F-i_'PA .17241 -t, -�- P.R��POLICE VE DLE, S. rte• d t C"-�., A: ED.; • - �'� '1 °$ T RECOVERED:THEFT VEMid.E .. - } "•t ;`,,.'• = jsY VEIeCLECWA9,15'REISSUED VIN . s_ �s a is f •W FLOOD VEINLE . - FlRST 6,"FAVOR OF: ,(' t M3'SECAHfX'LIEN FAYOR'OF X:r ISNJAS ATARI • 1 4 � tl e 6aGarltlt fierdtoder is Istetl"l tC4n s�t ac•at•dt :first (. lenttatder mint bnverd tlrs TBI "atx•5#uree�of+AOdbs"J•ti�ec-dh ' y FIRST LIEN RELEASED' 1` ' ' appmpriefe form and tee. 5 �. Vi s ( DATE 4 BY SECOND LIEN RELEASED AUTHORIZED REPRESENTATIVE DATE MAILING ADDRESS • < AUTHORIZED REPRESENTATIVE - r CHARLES L VESTA P " BEAR 528 SHED RD .: NEWVILLE PA 17241 ` l t �.t f•f �T� n � • 1 certify as of Ilse date of Issue.the official records ol the Perm pt ands Depart mnti .. A LL.E N D 8 I E H L E R of Traneportatlon reflect that Um pmtaye)or Cornparty rvmod frer•m-is the Iawrtul owner ' e• of the Bald vehicle. Secretary of Transportation .M BE COMPLErED BY PURCHASER WHel VEHICLE IS S= MM THE C; If a co-purchaser other than your spouse Is listed and you want the title to - TrEF SUBSCRIBED AND SWORN be listed,as"Joint Tenants With Right of Survivorship'(Oft death,of one /a To.BEFORE•AE .�- r r � t' . C f� ` r z •- D,v'• r An owner,title goes to survivigg amef.)CHECly1lERE O.¢3lberwtsk,the tile- a� will be Issued as Tenants in Cmomon•( of one owner mteresi ai deceased owner goes to histher hgas or ' e)tr I y r sswuA OF v6S&AOUrysrt:A'T'Ca OATH - i ST LIEN DATE. -f -♦�IF>iiO L1E41,CHE l'K �..• IST LIENHOLDER . CITY •I STATE ZIP .. K FIN'k'm' AL INSTfiilT16R NUMBER 2ND LIEN DATE. f IF NO LIFN,CHECK .Q rta uySKa'¢fC! nMlry,r.Ytes+OPW— tar C..kM a TM m b vend.d..t:aed � w,yA!�n m:w><umtvreus ra..t-Mea 14—wr JoM Mw. 2ND LIENHOLDEi STREET LO -1. -. ... CITY STATE 4ZIP FINANCIAL-INSTITUTION NUMBER O SI:iWTLFE OF CPAYRCAM.'RTtE OG A:fRlOriryED e"^'r.T:11 - • • • r • • oil a OL- Andrew Lochtenberger 527$ 484 Shed Rd 6OA301313 Newville,PA 17241 Q 717-776-3155 20 l O the t/ � / ��i li� yG��S• Order er r of .U.c1L11� .�P(.t.✓1�1P�� �Dolfurs � �..�_ E f"trust ` newville,PA 17241 For e:03 L3043066: 358,14 L64911' 5 2 ?8 6 AlP. - -;..�...nger-+r:, w +.� - :�-c-we —` n^-_'.�--r--^-.^^ 4''—''yea-e' rr.•• 200d an G.Ian. 1 O1/09/14 4�jla�c-_.�>, _�� . �•v?- . .,- , _ .._ , 019780 . 1 REFERENCE DATE DESCRIPTION VOUCHER AMOUNT ' 01/02/14 STOCK PURCHASE 105542 140,00 01/02/14 STOCK PURCHASE 105543 20.00 01/02/14 STOCK PURCHASE 105544 90.00 3 _ a BEAR ESTATE, VESTA P. 250.00 '�5.:i1J�Y'rr: d { 4.; 51 7 :�f / ,n•`••�„� .. q• ,,`'• �^a� °" t�A I� _.r_ ,.•, .. .... ._..,-,.• F AN l�L :_a � '�,.;"' +ii^i 8 i951 i . .SSN. '�I.:•. \�,i '��'�E,'• 19 7 8 0 u. i Q•_:� ROCK FROAD -,or,r•v::!;p .;;k F ;I_ram..f,:. 0 PH'' i -5-32-21;91 � �''..:'�j.' .}"`..�����n"_'tx,.��: 1 a� �+sj�r-c'�t ..••.S1•+�Z�:--� Yr's"+,�?'� 1 019780 01/99/14 ****** 250.00* Two hundred fifty and NO/100 •OHS. - VESTA P, BEAR ESTATE TO THE coo=R c/o Weigle & Assoc_ Attys. �- •, OF 126 E. ' King Street Shippensburg PA 17257-1397 . i✓� _ 1110 L978011' 1:05310 L561l: 207990060687611' ACNB BANK August 26, 2013 Weigle&Associates PC Attn: Richard L Webber Jr 126 E King St Shippensburg PA 17257 RE: Estate of Vesta P Bear Dear Mr. Webber: The following information is being provided as per your request: Acct.Type Account No. Balance at Accrued Ownership Date D.O.D. Interest to Opened/Joint D.O.D. Esteem 194034 $8,134.61 $0.01 Individual 5/8/01 Checking Account Inquiries concerning ACNB Corporation stock information should be directed to the Registrar and Transfer Compan at 1-800-368-5948. If you need any additional information, please contact me at(717)339-5122. Sincerely, Barbara J Warner ACNB Bank Deposit Services Representative 11 acnb.com•acnbbusiness.com• P.O.Box 3129,Gettysburg,PA 17325•Phone 717.334.3161 •Toll Free 1.888.334.ACNB(2262) 481 china cabinet V.v­ --I 482 entertainment cabinet $0,50 1 $0.50 $0.13 483 hospital bed $12,50 1 $12.50 $3,13 484 desk $3.00 1 $3.00 $0.75 485 end of sale $0.00 1 $0.00 $0.00 486 end of sale $0.00 1 $0.00 $0.00 487 end of sale $0.00 1 $0.00 $0.00 488 end of sale $0.00 1 $0.00 $0.00 Totals $4,520.50 $1,130.13 Net Proceeds to Seller: $3,390.38 Thank you for your business! 14� 1z 60-994.313 'ZEZR*dDwk 2270 GARY L MENTZER ` AUCTIONEER ESCROW ACCOUNT PH. 717-776-7447 505 SHIPPENSBURG ROAD NEWVILLE, PA 17241 yr $ 77 Dollar-s a FARMERS NATIONAL BANK.-OF-, EVNIL LB A DIVISION OF ADAMS COUNTY NAT IONA 'AN K V Fol, 1:0 3 130994 5I: 0 L811, 14 295,0112 2 Tz Shippensburg Area EMS C/O ProMed Svc Inc 4 W MAIN STREET SHIREMANSTOWN, PA 17011 1-866-678-6855 Patient Bill Page: 1 Printed: 01/23/14 09:02 VESTA BEAR ID: Cvem-9713 C/O PAUL W MILLER EXECT 526 SHED RD Newville, PA 17241 DOB: 12/20/1928 Line Date Range Prov Procedure DxRef PCs Charge Unt Apprv'd Pt Pd Ins Pd Adjusted Pt Due Balance Patient: VESTA BEAR ID: 9713 DOB: 12/20/1928 Claim Number: 73130928Diagnosis 1) 780.96 Ins: 1)MC/Non 179123926D4 2)CBX/Non YWM80034479500/00900001 01 05/02-05/02/13 003 A0429NHGY 1 A 750.00 1 750.00 0.00 0.00 0.00 750.00 750.00 Procedure: BLS EMERGENCY SERVICE Date first billed: 05/23/13 Over 120 02 05/02-05/02/13 003 A0425NHGY 1 A 181.50 12 181.50 0.00 0.00 0.00 181.50 181.50 Procedure: MILEAGE Date first billed: 05/23/13 Over 120 05-23-13 MEDICARE DENIED. NON COVERED CHARGES. PAYMENT IS NOW DUE FROM YOU Patient Totals: 931.50 931.50 0.00 0.00 0.00 931.50 931.50 Total Amount Due By Guarantor: 931.50 1 , 51 Iq Lh-p— c,k rya: vvvvvvv DETACH HERE vvvvvvv ---------------------------------------------------------------------------------------------------- PLEASE MAKE CHECKS PAYABLE TO SHIPPENSBURG AREA EMS Prov Codes: 003=Shippensburg Area EMS ---------- To insure proper credit,please clip and mail the bottom.section for each page and include with payment --------- Guar:VESTA BEAR #:Cvem-9713 Clms:73130925 Page 1 Total Due(all pages):931.50