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J 1505610105 REV-1500 @x(o,ii)(F)T ' enns Lvania OFFICIAL USE ONLY Bu Department of Revenue P Y County Code Year File Number ___ Bureau of Individual Taxes � • ��o1...•..E PO BOX 28o6ot INHERITANCE TAX RETURN ('jy �,1 Harrisburg PAt7128-o6oi RESIDENT DECEDENT `{"Iv ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY 276-54-0189 08/24/2013 09/02/1936 Decedent's Last Name Suffix Decedent's First Name MI Penc Dagmar D (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 OD 1. Original Return O 2. Supplemental Return O 3. Remainder Return(Date of Death Prior to 12-13-82) O 4.Limited Estate O 4a. Future Interest Compromise(date of O 5. Federal Estate Tax Return Required death after 12-12-82) O 6. Decedent Died Testate O 7. Decedent Maintained a Living Trust 8. Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust) O 9. Litigation Proceeds Received O 10. Spousal Poverty Credit(Date of Death O 11. Election to Tax under Sec.9113(A) Between 12-31-91 and 1-1-95) (Attach Schedule O) CORRESPONDENT- THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number David Penc (717) 991-0646 rV REGISTER OF Wittig USE"L j C FA-1 A First Line of Address i7 n C Z —i z 52 Round Ridge Road o Second Line of Address (r 7: •_.n Q t =D -n 1'1 Z3 `-' TI City or Post Office State ZIP Code O �_' DATE RkR n Mechanicsbur g PA 17055 -O c,1 r— �' ' T. Correspondent's e-mail address: PA2281 @AOI.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, 4 is e,correct and complete.Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. S U E O(j F PJ,BE SON RESPONSIBLE FOR FILING RETURN DATE 1!� 05/15/2014 DRESS 52 Round Ridge Road Mechanicsburg, PA 17055 SIGNATURE OF PREPARER OTHER THAN REPRESENTATIVE DATE ADDRESS PLEASE USE ORIGINAL FORM ONLY Side 1 L 1505610105 1505610105 J 1505610205 REV-1500 EX(FI) Decedent's Social Security Number Decedent's Name: Dagmar Penc 276-54-0189 RECAPITULATION 1. Real Estate(Schedule A). . ... . ... . ..... . .. ..... .. . .. ... .. ... ..... .. .. 1. 180,000.00 2. Stocks and Bonds(Schedule B) ... . .. .. . . .. .. ... .. . .. .. . .. . .. .. ... .. . . 2. 0.00 3, Closely Held Corporation, Partnership or Sole-Proprietorship(Schedule C) .. . .. 3. 0.00 4. Mortgages and Notes Receivable Schedule D 4. 0.00 5. Cash, Bank Deposits and Miscellaneous Personal Property(Schedule E). ... ... 5. 39,379.31 6. Jointly Owned Property(Schedule F) O Separate Billing Requested .... ... 6. 0.00 7, Inter-Vivos Transfers 8 Miscellaneous Non-Probate Property (Schedule G) O Separate Billing Requested... ... .. 7. 57,074.52 8. Total Gross Assets(total Lines 1 through 7).... ... .. . .... ... .. .. ... ... .. 8. 276,453.83 9. Funeral Expenses and Administrative Costs(Schedule H). ... ..... .. ... .. ... 9. 10,738.74 10. Debts of Decedent, Mortgage Liabilities and Liens(Schedule 1)..... ... .... ... 10. 107,440.23 11, Total Deductions(total Lines 9 and 10)... . .. ... .. . .. .. . .. .. . . ..... .. .. 11. 118,178.97 12. Net Value of Estate(Line 8 minus Line 11) . .. ..... . . .. .. . .. . .. .... . .. .. 12. 158,274.86 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made(Schedule J) .. .. . .. ... .. . .. .. ..... .. 11 0.00 14. Net Value Subject to Tax(Line 12 minus Line 13) .. ... ....... ... ..... .. .. 14. 158,274.86 TAX CALCULATION-SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec.9116 (a)(1.2)x.0_ 0.00 15 0.00 16. Amount of Line 14 taxable at lineal rate X.0 45 158,274.86 16. 7,122.37 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. 7,122.37 .. . .... . ... . .. . . .. ... . .. . .... ... . .. .. ... .. ..... ... .. . 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT ODD Side 2 1505610205 1505610205 J REV-1500 EX(FI) Page 3 File Number Decedent's Complete Address: DECEDENTS NAME Dagmar Penc STREETADDRESS - 52 Round Ridge Road CITY .—_ STATE ZIP Mechanicsburg PA 17055 Tax Payments and Credits: 1. Tax Due(Page 2,Line 19) (1) 7,122.37 2. Credits/Payments A.Prior Payments 7,334.53 B.Discount 356.12 Total Credits(A+B) (2) 7,690.65 3. Interest (3) 0.00 4. If Line 2 is greater than Line 1 +Line 3,enter the difference. This is the OVERPAYMENT. Fill in oval on Page 2,Line 20 to request a refund. (4) 568.28 5. If Line i+Line 3 is greater than Line 2,enter the difference.This is the TAX DUE. (5) 0.00 Make check payable toy:: {R1EGGISTER OF WILLS, AGENT. PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred......................................................................................... ❑ 0 b. retain the right to designate who shall use the property transferred or its income............................................ ❑ 0 c. retain a reversionary interest .............................................................................................................................. ❑ ■ d. receive the promise for life of either payments,benefits or care?...................................................................... ❑ 0 2. If death occurred after Dec.12,1982,did decedent transfer property within one year of death without receiving adequate consideration?.............................................................................................................. ❑ 3. Did decedent own an'in trust for"or payable-upon-death bank account or security at his or her death?.............. ❑ N 4. Did decedent own an individual retirement account,annuity or other non-probate property,which contains a beneficiary designation? ........................................................................................................................ ❑ N IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES,YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. ,..;. 1 ,. ;3: i 4agN3ffj. For dates of death on or after July 1,1994,and before Jan.1,1995,the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3 percent[72 P.S.§9116(a)(1.1)(1)]. For dates of death on or after Jan. 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0 percent [72 P.S.§9116(a)(1.1)(ii)].The statute does not exempt a transfer to a surviving spouse from tax,and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1,2000: • The tax rate imposed on the net value of transfers from a deceased child 21 years of age or younger at death to or for the use of a natural parent,an adoptive parent or a stepparent of the child is 0 percent[72 P.S.§9116(a)(1.2)). • The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5 percent,except as noted in[72 P.S.§9116(a)(1)]. • The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12 percent[72 P.S.§9116(a)(1.3)].A sibling is defined, under Section 9102,as an individual who has at least one parent in common with the decedent,whether by blood or adoption. REV-1502 EX+ (12-12) 0 pennsylvania SCHEDULE A DEPARTMENT OF REVENUE INHERITANCE TAX RETURN REAL ESTATE RESIDENT DECEDENT ESTATE OF: FILE NUMBER: Dagmar Penc 21 130940 All real property owned solely or as a tenant in common must be reported at fair market value.Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller,neither being compelled to buy or sell,both having reasonable knowledge of the relevant facts. Real property that is jointly-owned with right of survivorship must be disclosed on Schedule F. Attach a copy of the settlement sheet if the property has been sold. ITEM Include a copy of the deed showing decedent's interest if owned as tenant in common. VALUE AT DATE NUMBER OF DEATH DESCRIPTION 1. 52 Round Ridge Road Mechanicsburg,PA 17055 180000 TOTAL(Also enter on Line 1, Recapitulation.) $ 180,000.00 If more space is needed,use additional sheets of paper of the same size. REV-1508 EX+(08a1) ii�J pennsylvania SCHEDULE E fi7 DEPARTMENT OF REVENUE CASH, BANK DEPOSITS & MISC. INHERITANCE TUSN PERSONAL PROPERTY RESIDENT DECEDENT ESTATE OF: FILE NUMBER: Dagmar Penc 21 130940 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly owned with right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. Metro Bank Accounts 28,092.31 2 2007 Honda CRV 11,287.00 3 TOTAL(Also enter on Line 5, Recapitulation) $ 39,379.31 If more space Is needed, use additional sheets of paper of the same size. REV-1530 EX+(Da-09) pennsylvania SCHEDULE G r.� DEPARTMENT OF REVENUE INTER-VIVOS TRANSFERS AND INHERITANCE TAX RETURN MISC. NON-PROBATE PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER Dagmar Pend; 21 130940 This schedule must be completed and filed if the answer to any of questions I through 4 on page three of the REV-1500 is yes. DESCRIPTION OF PROPERTY ITEM INCLUDE THE NAME Or THE TRANSFEREE,THEIR REUnONSHIR TO DECEDENT AND DATE OF DEATH % DECO'S EXCLUSION TAXABLE NUMBER THE DATE Or TRANSFER.ATTACH A COPY OF THE DEED FOR REAL ESTATE VALUE OF ASSET I INTEREST I (IFAPPUMLE) VALUE 1. Annuity from Susquehanna Financial 57,074.52 100 57,074.52 TOTAL(Also enter on Line 7, Recapitulation) $ 57,074.52 If more space is needed, use additional sheets of paper of the same size. REV-1511 Ex+ (08-13) pennsylvania SCHEDULE H DEPARTMENT OF REVENUE FUNERAL EXPENSES AND INHEMANCE TAX RETURN ADMINISTRATIVE COSTS RESIDENT DECEDENT ESTATE OF FILE NUMBER Dagmar Penc 21 130940 Decedent's debts must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1' Service Cost 4,066.00 2 Service Lunch 250.00 3 Urn 213.72 4 B. ADMINISTRATIVE COSTS: 1. Personal Representative Commissions: Name(s)of Personal Representative(s) Street Address City _ _ ._.._ ._-State -.. ----ZIP Year(s)Commission Paid: 2. Attorney Fees: 5,000.00 3. Family Exemption: (If decedent's address is not the same as claimant's,attach explanation.) Claimant Street Address_ City, State ZIP Relationship of Claimant to Decedent 4. Probate Fees: 402.00 5. Accountant Fees: 6. Tax Return Preparer Fees: 500.00 7. Death Advertisement 307.02 TOTAL(Also enter on Line 9, Recapitulation) $ 10,736.74 If more space is needed,use additional sheets of paper of the same size. REV-1512 Ex+(12-12) pennsylvania SCHEDULE I r.1t7 DEPARTMENT OF REVENUE DEBTS OF DECEDENT, INHERITANCE TAX RETURN MORTGAGE LIABILITIES & LIENS RESIDENT DECEDENT ESTATE OF FILE NUMBER Dagmar Penc 21 130940 Report debts incurred by the decedent prior to death that remained unpaid at the date of death,including unreimbursed medical expenses. ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1. US Bank Mortgage Number 98,845.29 2 Mortgage Payments 2,016.96 3 Water Bill Payments 81.50 4 Credit Card Payments 266.94 5 Telephone Bills 300.53 6 Cable Bill Payments 516.77 7 Electric Bill Payments 368.68 8 Gas Bill Payments 128.00 9 Waste Disposal 39.03 10 2013 Real Estate Taxes 3,503.36 11 Ambulance Costs 1,024.82 12 Sewer/Trash 348.38 TOTAL(Also enter on Line 10, Recapitulation) $ 107,440.26 If more space is needed, insert additional sheets of the same size. STONE LAFAVER & SHEKLETSKI ATTORNEYS AT LAW 414 BRIDGE STREET DAVID H. STONE POST OFFICE BOX E OF COUNSEL GERALD J. SHEKLETSKI NEW CUMBERLAND. PA 17070 CHARLES H.STONE w ..5[One)awne[ JON F.LAFAVER TELEPHONE(717)774-7435 FACSIMILE (717)774-3869 November 14, 2013 Pennsylvania Department of Revenue Harrisburg District Office Lobby, Strawberry Square Harrisburg, PA 17128-0101 Re: Estate of Dagmar D. Penc Date of Death: August 24, 2013 Social Security No. 276-54-0189 Estate No: 21-13-0940 Greetings : Please find enclosed an original Safe Deposit Box Inventory for Box No. 236 . Thank you for your attention in this matter. Should you have any questions, please feel free to contact me . Very truly yours, STONE LaF.AVKR & SHEKLETSKI DHS/jam / Da id H..--Stone, Esquire Enclosures cc : Pauline P. westcott, Cc-Executrix David V. Penc, Co-Executor Judy Hoover, C. S . R. , Metro Bank ,f REV485 EX(05-03} 48500041046 SAFE DEPOSIT BOXINVENTORY PA Department of Revenue PLEASE USE ORIGINAL FORM ONLY Social Security or Death Certfrmate Number Date of Death County Code Year File Number 276-54-0189 08/24/2013 21 13 0940 Decedent's Last Name Suffix First Name MI Penc Dagmar D ©ADDRESS OF DECEDENT STREET: CITY: STATE: ZIP CODE: 52 Round Ride Road Mechanicsburg PA 17055 NAME AND ADDRESS OF PERSON REQUESTING THE OPENING OF THE SAFE DEPOSIT BOX NAME` David H. Stone Esquire STREET ADDRESS CITY: STATE: ZIP CODE: 414 Bridge Street New Cumberland PA 17070 NAME,ADDRESS AND RELATIONSHIP(IF ANY)TO DECEDENT,OF PERSON(S)PRESENT AT THE BOX OPENING a. NAME: RELATIONSHIP: David V. Penc son STREETADORESS: CITY: STATE: ZIP CODE: 52 Round Ridge Road Mechanicsburg PA 17055 It, NAME: RELATIONSHIP: STREET ADDRESS: CITY: STATE: Zip CODE e. NAME: RELATIONSHIP: STREETADDRESS: CITY: STATE: ZIP CODE NAME AND ADDRESS OF FINANCIAL INSTITUTION WHERE THE SAFE DEPOSIT BOX IS LOCATED NAME: Metro Bank STREET ADDRESS: CITY: STATE: ZIP CODE: 4860 Carlisle Pike Mechanicsburg PA 17050 NAME OF PERSON MAKING LAST ENTRY DATE AND TIME OF LAST ENTRY David V. Penc 8/22/13 4:00 pm DATE OF CONTRACT TO RENT BOX NUMBER OF BOX I TITLE UNDER WHICH BOX IS REQUESTED 09/27/2003 236 Dagmar 0. Penc JU NAME AND ADDRESS OF PERSON(S)HAVING ACCESS TO BOX a. NAME: b, NAME: Dagmar D. Penc David V. Penc STREET ADDRESS: STREET ADDRESS: 52 Round Ridge Road 52 Round Ridge Road CITY: STATE: ZIP CODE: CITY: STATE: ZIP CODE: Mechanicsburg PA 17055 Mechanicsburg PA 17055 NAME AND TITLE OF EMPLOYEE TAKING THE INVENTORY Jud Hoover WAS A WILL IN THE BOX? ❑ YES id NO H yes, a.Gets of wld: b. Name and address of personal representative.If named In the will NAME: STREETAODRESS: CITY: STATE: ZIP CODE: c. Name and address of attorney,if any NAME: STREETADDRESS: CITY: STATE: ZIP CODE: 48500041046 48500041046 REV-485 EX SAFE DEPOSIT BOX INVENTORY Page Of INSTRUCTIONS (1) Cash:Report total only. (2) Stocks:List in detail every common or preferred certificate,warrant or other rights found in box.Stocks are to be designated by name of company,certificate number,date of certificate,name in which stock is registered,and number of shares and class of stock. (3) Obligations of U.S.Government: Number of items,date of Issue, face value, names in which registered and type of ownership, i.e.,jointly held,payable on death,etc. (4) Bonds:Designate by name,amount,serial number,or other designation.(Bearer Bonds) (5) Bank and savings and Loan Passbooks: State name of depositor, number of book,last date appearing in book,name of bank and branch,and balance. (6) Jewelry,Coins,Stamps,Manuscripts,etc:List and describe as fully as possible. (7) Deeds,Mortgages,Current Insurance Policies or other evidences of indebtedness:List and describe as fully as possible. (8) All other contents. (9) Return completed form to: DEPARTMENT OF REVENUE INHERITANCE TAX DIVISION DEPT 280801 HARRISBURG,PA 17128-0801 ITEM No. ITEM DESCRIPTION 1 car title to 2007 Honda 2 deed to house at 52 Round Ridge Road,Mechanicsburg,Pennsylvania,dated September 11,2000, I CERTIFY UNDER P NALTY P RJU THAT THE ABOVE RECORD IS PERSON RECEIVING COPY OF CORRECT MP T T E BE OF MY KNOWLEDGE AND BELIEF. SAFE DEPOSIT BOX INVENTORY: SIGNATU E I SIGNATURE 1 r I PRINTNAME PRINTNAME ANOCHECKAPPROPR IATE&OXBELOW: David H. Ston_ e, Esquire PRINT TITLE DATE CHECK APPROPRIATE BOX: Attorney for Estate 11/14/2013 El E eCVmrtu > []AEmMb eto gdxl Q Estate Repmxs ativa 0 jvm mvw of safe deposit hos NOTE:Attach additional 84r"x 11" sheet(s)if necessary or use duplicates of this page of form. The Department is authorized by law,42 U.S.C.§405(c)(2)(C)(i),to require disclosure of Social Security numbers in connection with administering stale tax laws.The Department uses the Social Security number to identify the decedent and personal representatives of the estate.The Commonwealth may also use the information in exchange of tax information agreements i with Federal and beat taxing authIXifies The state law prohibits the Commonweafth's personref from disdosing Confidential tax'nforma6cn except for official purposes, C bleTayforift4ortgage A Division of Colo Taylor Bank 2350 Green Rd,Ste 100,Ann Arbor,MI 48105 Phone;(734)926-2400 Fax No:(847)698-8332 Date: 10/28/2013 David Penc 52 Round Ridge Road Mechanicsburg, PA, 17055 Property Address: 52 Round Ridge Road, Mechanicsburg, PA, 17055 Dear Borrower(s): Enclosed is a copy of the appraisal report(s)that will be used in connection with your current loan application. Cale Taylor Mortgage (CTM), a Division of Cole Taylor Bank is required under the Appraiser Independence to forward you a copy of this appraisal(s)report for your review at least three days In advance of your dosing. To comply with CTM lending policies, we may provide you with multiple appraisal reports for the following reasons: 1) Our underwriting policies require more than one appraisal to evaluate your loan application 2)our appraisal quality process produced a review appraisal report in addition to the originally ordered appraisal report; or 3) we received a request for reconsideration of value from your or on your behalf resulting In a new appraisal report or a revised value on your originally ordered appraisal report. Please note that at this time we may not have fully determined the acceptability of the enclosed appraisal(s)for use in connection with your application. The appraisal(s) used in connection with your loan application was or were prepared solely for our use in evaluating your loan application. The appraisal(s)should not be relied upon by any other person or entity. We make no express or Implied representation or warranty of any kind, and we expresly disclaim any liability to any person or entity with respect to the appraisal(s). Please also be advised that an appraiser must follow certain professional appraisal standards and is not allowed to discuss the appraisal(s) with you or provide a copy of the appraisal directly to you. If you have any questions regarding this appraisal, please feel free to discuss with your Loan Officer or Processor. Cole Taylor Mortgage, a Division of Cole Taylor Bank APPRAISAL OF REAL PROPERTY LOCATED AT 52 Round Ridge Rd Mechanicsburg, PA 17055 Deed Reference 229-418 FOR Cole Taylor Mortgage 2350 Green Road, Suite 100 Ann Arbor, MI 48105 AS OF 10/10/2013 BY Bryan Portzline-PA Certified Residential Appraiser BP Appraisal Services 7 Reed Drive Marysville, PA 17053 717-554-2638 bry112 @verizon.net Form GA3NV LT-"TOTAL"appraisal software by a la mode,inc.-1-800-ALAMODE File N0. 1013363UAD 10/09/2013 Bryan M.Portzline,Appraiser 7 Reed Drive Marysville, PA 17053 Phone: 717-554-2638 Cole Taylor Mortgage ATTN:Client RE: 52 Round Ridge Road, Mechanicsburg, PA 17055 Dear Client: Pursuant to your request,I have prepared a SUMMARY APPRAISAL REPORT of the property captioned in the"Summary of Salient Features"which follows. The accompanying report is based on a site inspection of improvements,investigation of the subject neighborhood area of influence review of sales,cost,and income data for similar properties. This appraisal has been made with particular attention paid to applicable value influencing economic conditions and has been processed in accordance with nationally recognized appraisal guidelines. The value conclusions stated herein are as of the effective date as stated in the body of the appraisal,and contingent upon the certification and limiting conditions attached. Please do not hesitate to contact me if I can be of additional service to you. Respectfully, Bryan M.Portzline, PA Certified Residential Appraiser Form DCVO-'TOTAL"appraisal software by a Is mode,Inc.-1-800-ALAMODE SUMMARY OF SALIENT FEATURES Subject Address 52 Round Ridge Rd Legal Description Deed Reference 229-418 City Mechanicsburg County Cumberland State PA Zip Code 17055 Census Tract 0116.05 Map Reference 2952 B-4 Sale Price $ Data of Sale Borrower PENC,David Lender/Client Cole Taylor Mortgage Size(Square Feet) 2,066 Price per Square Foot $ Location N;Res; Age 18 Condition C3 Total Roams 7 Bedrooms 3 Baths 2.1 Appraiser Bryan Poozline-PA Certified Residential Appraiser Date of Appraised Value 10/10/2013 Opinion of Value E 180,000 Form SSD3-'TOTAL'appraisal software by a Is made,inc-1-800-ALAMODE BP Appraisal Services 6063434 Uniform Residential Appraisal Report File# 1013363UAD The purpose of this summary appraisal report is to provide the lender/client with an accurate, and adequately supported, opinion of the market value of the subject property Property Address 52 Round Ridge Rd City Mechanicsburn State PA Zi Cade 17055 Borrower PENC David Owner of Public Record PENC David 8 WESTCOFF Pauline COUnly Cumberland Legal Description Deed Reference 229418 Assessor's Parcel# 42-29-2456-082 Tax Year 2013 R.E.Taxes$ 3,160 Neighborhood Name Bowmans Hill Map Reference 2952 B-4 Census Tract 0116.05 Occupant ®Owner Tenant Vacant Special Assessments$ 0 ® PUB HOA$65 X per year D per month " Property Rights Appraised C&Fee Simple ❑Leasehold Other describe Assignment T a Purchase Transacdon X Refinance Transaction E I Other describe Lender/Client Cote Taylor Mortgage Address 2350 Green Road Suite 100 Ann Arbor MI 48105 Is the subectigroperty currently offered for sale or has it been offered far sale in the twelve months grartor the effective date of Nis appraisal? ❑Yes X No Report data sources used offering rice s,and dates. MILS and Public Records I ❑did ❑did notanalyze the contract for sale for the subject purchase transaction.Explain the results of the analysis of the contract for sale or why the analysis was not performed. Contract Price$ Date of Contract Is the property seller the owner of public record? ❑Yes El No Data Source(s) Is there any financial assistance(loan charges,sale concessions,gift or downpayment assistance,etc,)to he paid by any parry on behalf of the borrower? ❑Yes ❑N0 If Yes report the total dollar amount and describe the items to be paid, Note:Race and the raclel composition of the net hborhood are not a2pratinal lectors. Nei hborhood Charecterbdes" Olre-Unif HOUSin Trends One-Unit Housing Present lend Use% Location Urban Suburb an ❑Rural Pro a Values Increasin Stable Declining PRICE AGE One-Unit 43% Built-Up ❑Over 75% ®25-75% ❑Under 25% DemandlSu ❑Sharta a ®In Balance ❑Over Su $ 000) (yrs) 2-4 Unit 7% Growth Rather! ®Stable Slow Marketin Time Under 3 m(hs 3-6 mths ❑Over 6 mths 60 Low 1 Multi-Family 2% Neighborhood Boundaries Upper Allen Township.Lisburn Road to the South Markel Street to the West, 1,300 High 120 Commercial 13% Mt Allen Drive to the East and Route 15 to the North.SEE MAP ATTACHED 230 Pred. 55 Other 35% Neighborhood Description This neighborhood contains properties reflecting similar quality,maintenance,design and marketability to the subject property.The subject property is readily available to all necessary facilities including schools employment,shg in and houses of worship. Averse property maintenance programs observed.Employment is within 10-20 minute drive from subject property. Market Conditions(including support for the above conclusions The search ol tax records and the MILS service show prices stable. The MLS service indicates that the typhcel property sells in 3-6 months.Mortgage funds are readily available from a variety of sources with rates being 3% to 6%interest fixed 30 vear mort a e up to 3 ooints.Sellers are not required to offer sales or financing wncessions however,its owumn . Dimensions SEE ATTACHED DEED Area 4792 at Shape RECTANGULAR View N Res Specific Zoning Classification R-3 Zoning Description HIGH DENSITY RESIDENTIAL Zoning Compliance X Legal ❑Legal Nonconforming Grandfathered Use No Zoning ❑Illegal describe Is the highest and best use of subject property as improved or as proposed per plans and specifications) the present use? ®Yes LJ No If No,describe Utilities Public Other(describe) Publie Otherldescribe) Off-site Improvements-T Public Private Electricity 200 AMP Water ® ❑ PUBLIC Street ASPHALT 9 El Gas ® PUBLIC Sanitary Sewer D< I J PUBLIC Alley NONE El 11 FEMA Special Flood Hazard Area Yes ®No FEMA Flood Zone X FEMA Ma # 42041CO286E FEMA Map Date 03/16/2009 Are the ublifil and off-site improvements typical for the market area? ®Yes I I No If No,describe Are there any adverse site conditions or external factors easements encroachments environmental conditions,land uses,etc.)? Yes X No If Yes describe Standard easements for electric telephone,etc. There are no known or apparent adverse easements encroachments or conditions noted. General Description Foundation Exterior Descri don matedafs/condition Interior materials/condition Units CK One One with Accessory_LnL❑Concrete Slab ❑Crawl Space Foundation Walls BLOCK/GOOD Floors WD-CPT-VIN/GD #of Stones 2 g Full Basement El Partial Basement Extenor Walls BRICK-VINYL/GD Walls DRYWALL/GD Type ❑Del. X Aft. S-Det/End Unit Basement Area 1 198 mm it Roof Surface SHINGLE/GD TnnVFinish WOOD PAINT/GD Exisung 0 Proposed Under COnst.Basement Finish 0 % Gutters&Downspouts ALUMINUM/GOOD Bath Moor WOOD-VINYL/GE) Design S e TOWNHOUSE WDtsde Ent /Exit D Sump pi window Type DOUBLEHUNG/GD Bath Wainscot FBGLS-CERC/GD Year Built 1995 Evidence of D Infestation Storm Sash/Insulated YES/GD Car Storage Ll None Effective A e(Yrs) 14 ❑Dam ness ❑Settlement Screens YES/GD Dg Driveway #of Cars 1 Attic L None Heatin FWA HWBB ILJ Hadianl Amenities LJ Woodstove s # 0 Driveway Surface ASPHALT Drop Stair L Stairs Other Fuel GAS ❑Fire laces # 0 ❑Fence NONE Gara e #of Cars 1 ❑Floor ®Scuttle Cooling Central Air Canditonin Patio/Deck BOTH Parch COVERD Carport #of Cars 0 ❑Finished []Heated ❑Individual ❑Other IL Pool NONE ❑Other NONE IL At, ❑Del. X Built-in Appliances X Refrigerator X Range/Oven X Dishwasher ❑Disposal X Microwave ❑Washer/Dryer ❑Other describe Finished area above grade contains: 7 Rooms 3 Bedrooms 2.1 Baths 2,066 Square Feet of Grass Living Area Above Grade . Additional features(special energy efficient items,etc The subject has been well maintained. • Describe the condition of the property(including needed repairs,delenmadan,renovations,remodeling,etc.. C1 No updates in the prior 15 yeaur&The subject is in good condition. The wnstruclion quality is ical for age in cam arison to comuZeting nei hborhoods. Based on maintenance condition and wm arison to mmBeting nei hborhoods the estimated age is below the actual age.No economic obsolescence noted. Are there any physical deficiencies or adverse conditions that affect the livability,soundness,or structural into ri of the roe ? Ves No If Yes,describe Does the property generally canton to the neighborhood functional utility,style,condition,use,construction,etc.? ®Yes D No It No,describe Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 1 of 6 Fannie Mae Form 1004 March 2005 Ton 1004UAO-'TOTAL"appraisal software by a Is mode,Inc.-1.600-ALAMODE 6063434 Uniform Residential Appraisal Report File 1013363UAD There are 5 comparable properties currently offered for sale in the subject neighborhood ranging in price from $ 159,000 to$ 195,000 There are 13 comparable sales In the sub le nei hborhood within the twelve mantas ranging in sale once from$ 130,0 10$ 205,000 FEATURE T SUBJECT COMPARABLE SALE#i COMPARABLE SALE#2 COMPARABLE SALE#3 Address 52 Round Ridge Rd 21 Round Ridge Rd 40 Round Ridge Rd 6A Round Ridge Rd Mecchanicstourci PA 17055 Me Ibanicsbur PA 17055 Merchanicsiourg,PA 17055 Mechanicsburg,PA 17055 Proximily to Subject 0.13 miles NE 0.06 miles NE 0.20 miles NE Sale Pace $ 1$ 183,500 $ 17%500 $ 205,000 Sale Price/Grass Lv,Area $ sit it $ 93.96 S9.1 $ 84.99 so it $ 90.23 so it Data Sources MLS#-10231037 DOM 42 MLS#-102340890010 7 MLS#-1022281 BDOM 163 Verification Sources TAXASSESSMENTRECORDS TAXASSESSMENTRECORDS TAX ASSESSMENT RECORDS VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION + $Ad usiment DESCRIPTION +- $Adusonent DESCRIPTION +- $Ad uslment Sales or Financing Anni Arni Aral Concessions Cash'0 ConwO Conv'0 Date of Sale/Time 502/13'c01/13 s04113'c03/13 511/12x10/12 Location N Res KRes: WRes7 N7Res7 Leaseholdi Simple FEE SIMPLE FEE SIMPLE FEE SIMPLE FEE SIMPLE Site 4792 sf 3920 at 0 4792 at 6534 at 0 View N7Res7 N7Res7 N'Res7 N'Res7 Desi n S le TOWNHOUSE TOWNHOUSE TOWNHOUSE TOWNHOUSE Quality of Construction Q3 Q3 03 Q3 Actual Age 18 18 18 14 0 Condition C3 C3 C3 C3 Above Grade Total Bdrms. Baths Total Bdrms. Baths Total Bdrms. Baths Total Sdnns. Baths Room Count 7 3 2.1 8 3 2.1 0 7 3 2.1 8 3 2.1 0 Gross Living Area 2,066 soft 1,953 sg it -1,70 2,112 soft 0 2.272 S it. -3,100 Basement B Finished 1198000wu 1140sf560sfwu 01210sfOstwu 01240sfOSfwu 0 Rooms Below Grade inObr0.01calo -5000 Functional Utility TYPICAL TYPICAL TYPICAL TYPICAL Healing/Cooling Heraling/Cooling GAS HA/CENT G /CENT 0 GAS HA/CENT GAS HA/CENT ! Energy Efficient items STANDARD STANDARD STANDARD STANDARD Gara e/C ort 1 CAR BLT-IN 1 CAR BLT-IN 1 CAR BLT-IN 1 CAR ATT d Porch/Pam/Deck CV PH/DEK/PT CV PH/DEK/PT CVD PRH/PAT +1.400 CVD PRH/PAT +1 400 • Other NONE 1-FIREPLACE -1,20 NONE 1-FIREPLACE -1,200 Other NONE NONE NONE NONE . Net Adjustment(Total) + - $ -4 500 X + ❑ - $ 1.40 + ® $ -2,900 Adjusted Sale Price Net Adj. 25% Net Adj. 08% Net Adj. 1,41% of Cam arable Gross Ad. 43% $ 179 000 Gross Ad. 0.8% $ 180 900 Grass Ad'. 2.8% $ 202,100 did did not research the sale or transfer histo of the subject propelly and comparable sales.If not,explain No atypical conditions noted. My research El did X did not reveal any odor sales or transfers of the subect property for the three years odor to the effective date of this appraisal Data Sources Cumberland County Records My research ❑did Dg did not reveal any poor sales or transfers of the comparable sales for the year prior to the date of sale of the comparable sale. Data Saurce s Cumberland County Ramada Report the results of the research and calves of the odor sale or transfer histo of the sub ect m and cam arable sales heinat additional prior sales on page 3 ITEM SUBJECT COMPARABLE SALE#1 COMPARABLE SALE#2 COMPARABLE SALE#3 Date of Prior SaleRrander Price of Prior Sale/Transfer Data Sources PUBLIC RECORDS PUBLIC RECORDS PUBLIC RECORDS PUBLIC RECORDS Effective Date of Data Source 5 10110/2013 10/1012013 10110/2013 10/1012013 Analysis of odor sale artransfer history of the subject property and comparable sales The transfer on comparable#3 was for the land only If there is no information in the date of poor transfer and price of prior transfer box this is due to there bean no transfers for these properdes within the last 3 ears for the subject and within the last year for the com arables.Other pnor sales of the comparable properties and the sub ect property occurred over 3 years ago.No atypical conditions noted. Summary of Sales Comparison Approach After a search of available market data,the three closed sales displayed are considered to be the best Indicators of value. Adjustments were made to reflect market reactions to those items of si nifcant variation between sub ect and com arables. All com arables were weighted and considered. The adjusted made of values for the wmaparables is$179,000 to 180 900.Due to the limited number f market sales that were similar to the subject the appraiser was required to use 2 market sales over 6 months old.The subject an market sales are all located in the some neighborhood.Bathrooms were the only thing adjusted for in the room count section of the sales won arison aid. All other rooms were adjusted for in the GLA. The 3 market sales used in this report are the best indicators of value as of the effective date of this appraisal for the subect. Indicated Value by Sales Comparison Approach$ 180,000 Indicated Value by:Sales Comparison Approach$ 180,000 Cost Approach(If developed)S 189,3s5 Income Approach(it developed)$ Due to the lack of rental data the Income Approach is not appropriate. Greatest weight is given to the Sales Comparison Approach as it reflects the typical actions of buyers and sellers in the marketplace. • This appraisal Is made ®"as is', ❑ subject to completion per plans and specifications on the basis of a hypothetical condition Ural the Improvements have been completed ❑subject to the following repairs or ateratons an the basis of a hypothetical condition that the repairs or alterations have been completed or ❑ subject to the • following required inspection based on the extraordinary assum tion that the condition or deficiency does not re uire alteration or repair No warranty of the appraised is given or implied. No liabilit,is assumed for the structural or mechanical elements of the Property Based on a complete visual Inappection of the interior and exterior areas of the sub act properlp defined scope of work,statement of assumptions and Ilmiling conditions, and appraisers cert Nlcation,my(our)opinion of the market value,as 3eflned,of the real property that Is the subject of this report Is $ 180,000 as of 10/10/2013 which is the date of inspection and the effective date of this appraisal. Freddie Mac Form 70 March 2005 LAD Version 9/2011 Page 2 of 6 Fannie Mae Form 1004 March 2005 Form 1004UAD-"TOTAL'appraisal software by a la made,Inc.-1-800-ALAMODE 6063434 Uniform Residential Appraisal Report FUeN 1013363UAD r d use line in me ne' hborhood desni Oon would induce vacent land parks and recreation areas and other non typical uses. N ADJUSTMENTS /eat atliustmont was alven for GLA square feet over 100 square feet difference. A 51-200 adjustment was divan fora lira lace.A ent was oiven for a finished basement. ilities and mechanicais were on and world,rr at the dme of the inspection. The subjects value Is below the Predominant value for the area but-!n well within the mope of values for the aren.This is iggl in this area and has ao affect on the subkcts rrrarimmbility. �- At the time of the inspection a reasonable exposure time Per the MLS Is 90-180 days The appraiser has had no involvement with the subiect property within the last 3 veers.. With the subjects market being stable for the fast 12 months no tim 'usiments were given to the market sales that are over 6 months old, • Due to landscapers being in front of some of the compambles,MLS photo were used for those comparables. , COST APPROACH TO YA.UE(Lot required by Fannie Mee) , Provide adequate Informaboa for the ICnder/talent t0 rCplCatB NE aelOW CO5t IiaUr¢5 and WIMafIOnS. Sugppt far ire obirlm of sbe 4ae(sumtram at Arable land sales or other meblads for esbmatlnb site value) The opinion of site value is produced bve limited " number of canparable land sales that are oiose in time tot size and ficoatica. - ESTIMATED X REPRODUCTION OR REPLACEMENT COST NEW OPINION OF SRE VALUE.................__................. =$ 22,000 SOUtee of COA data Mamha8 and Swill DWELLING 2B66 5.FL 0 S 81.65-...... =S 1 e 689 QUa MtsOfromcO9wrvk9 G Effedee d2a of cos[data 1011012013 BASEMENT 1,198 SQFt @ S 20.96-...... -S 25,110 _ Comments w Cost Approach(gross lNlnO area calodgans depredirlion,etc.) Porch/Patio/Deck ....... =S 8,200 Marshall 8 SLAIN cost guide alone with the ap raisers 0X dance nova Gars Ca 252 S -FL @$ 22,32..,..,. =S 5,625 • been used to arrive at are lacement cost fi sere.Lend value is en Total Estimated Cost-New =$ 207,624 estimate based on a fimited number of tend sales in the area.in view of Less Pb cal Frictional Iblemai No see of the ira rovements the cost acwoaqh rcenn t ba cgnsaered De Uadd1 48 439 =Sj 48,4391 an accurate indkotor of value The estimate time of economic life Is 45 De reclated Cast of Improvements ,..................,.,.......=E 159,185 " N- ears "A"Valued Site Improvements „...... ............. _...=5 8200 sidewalk landsce_ng ddvewsy,etc. Fsttmaled RestYming Ecarwmts Ue I)wd VA On 46 Years IND)CATEDVALUE BYC'OST APPROACH.........................=S 189,385 INCOME APPROACH TO VALUE(not requited by FennleMsel .... . _ .. Estimated Man Market Rem 5 X Gross Rent Multi ier =S Indicated Value by Income Approach Straravy of Income Avoroach lincludan support for Merkel rem and GRM PROJECT INFORMATION FOR PUDS(1 appIicablel__ Is the developerlbuldet In control all bre Homeowners'Assodaban HOA? Yes No Un4 s Detached XI AMcW RoAde the tdaalng Inlormabun for PUDs ONLY II the developeribulldet Is In control of tie HOA and the Sub'ect propeM Is an attached dwegmg unit. 1�9i Naga d Prand eowmans Hill ToW n mUs of pheres 4 TOW tdn6er of orbs 137 To1at rancor of udfs sold 137 • Total number of units rented 10 Total number of units far sale 0 Data source 5 MLS/Realtor/Tax Records/HOA - Was the prokd created by the convere m of adsbng buiMlng s Into a PIIO? El Yes XI No It Yes date of canverslon. Does NB project whole any mulkw¢ging udts? ❑Yes XNo Data Swrae MLS/Realtor/TaxRecems/HOA Ate the wft,comma elements gad rwWm fadMes onplele? X,Yes Fl No If No describe ft slams dslams at Are the common elements leased to or by the Homeowners'Associagon? ❑Yes 6G No II Yes describe the rental terms and options DesdNibee common diencems and recmabonai lactates. There are no comrsmn areas. Freddle Mac Form 70 March 2005 UAD Version 9/2011 Page 3 of 6 Fannle Mae Fan 1004 March 2005 " Form 1004UAD-'TOTAL'apMaisai saffware by a It mode.Inc.-1-800-ALAMME 6063434 Uniform Residential Appraisal Report File# 1013363UAD This report form is designed to report an appraisal of a one-unit property or a one-unit property with an accessory unit; including a unit in a planned unit development (PUB). This report farm is not designed to report an appraisal of a manufactured home or a unit in a condominium or cooperative project. This appraisal report is subject to the following scope of work, intended use, intended user, definition of market value, statement of assumptions and limiting conditions, and certifications. Modifications, additions, or deletions to the intended use, intended user, definition of market value, or assumptions and limiting conditions are not permitted. The appraiser may expand the scope of work to include any additional research or analysis necessary based on the complexity of this appraisal assignment. Modifications or deletions to the certifications are also not permitted. However, additional certifications that do not constitute material alterations to this appraisal report, such as those required by law or those related to the appraiser's continuing education or membership in an appraisal organization, are permitted. SCOPE OF WORK: The scope of work for this appraisal is defined by the complexity of this appraisal assignment and the reporting requirements of this appraisal report torte, including the fallowing definition of market value, statement of assumptions and limiting conditions, and certifications. The appraiser must, at a minimum: (1) perform a complete visual inspection of the interior and exterior areas of the subject property, (2) inspect the neighborhood, (3) inspect each of the comparable sales from at least the street, (4) research, verify, and analyze data from reliable public and/or private sources, and (5) report his or her analysis, opinions, and conclusions in this appraisal report. INTENDED USE: The intended use of this appraisal report is for the lender/client to evaluate the property that is the subject of this appraisal for a mortgage finance transaction. INTENDED USER: The intended user of this appraisal report is the lender/client. DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby: (1) buyer and seller are typically motivated; (2) both parties are well informed or well advised, and each acting in what he or she considers his or her own best interest; (3) a reasonable time is allowed for exposure in the open market; (4) payment is made in terms of cash in U. S. dollars or in terms of financial arrangements comparable thereto; and (5) the price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions- granted by anyone associated with the sale. 'Adjustments to the comparables must be made for special or creative financing or sales concessions. No adjustments are necessary for those costs which are normally paid by sellers as a result of tradition or law in a market area; these costs are readily identifiable since the seller pays these costs in virtually all sales transactions. Special or creative financing adjustments can be made to the comparable property by comparisons to financing terms offered by a third party institutional lender that is not already involved in the property or transaction. Any adjustment should not be calculated on a mechanical dollar for dollar cost of the financing or concession but the dollar amount of any adjustment should approximate the market's reaction to the financing or concessions based on the appraiser's judgment. STATEMENT OF ASSUMPTIONS AND LIMITING CONDITIONS: The appraiser's certification in this report is subject to the following assumptions and limiting conditions: 1. The appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the time to it, except for information that he or she became aware of during the research involved in performing this appraisal. The appraiser assumes that the title is good and marketable and will not render any opinions about the title. 2. The appraiser has provided a sketch in this appraisal report to show the approximate dimensions of the improvements. The sketch is included only to assist the reader in visualizing the property and understanding the appraiser's determination of its size. 3. The appraiser has examined the available flood maps that are provided by the Federal Emergency Management Agency (or other data sources) and has noted in this appraisal report whether any portion of the subject site is located in an identified Special Flood Hazard Area. Because the appraiser is not a surveyor, he or she makes no guarantees, express or implied, regarding this determination. 4. The appraiser will not give testimony or appear in court because he or she made an appraisal at the property in question, unless specific arrangements to do so have been made beforehand, or as otherwise required by law. 5. The appraiser has noted in this appraisal report any adverse conditions (such as needed repairs, deterioration, the presence of hazardous wastes, toxic substances, etc.) observed during the inspection of the subject property or that he or she became aware of during the research involved in performing the appraisal. Unless otherwise stated in this appraisal report, the appraiser has no knowledge of any hidden or unapparent physical deficiencies or adverse conditions of the property (such as, but not limited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) that would make the property less valuable, and has assumed that there are no such conditions and makes no guarantees or warranties, express or implied. The appraiser will not be responsible for any such conditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist. Because the appraiser is not an expert in the field of environmental hazards, this appraisal report must not be considered as an environmental assessment of the property. 6. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to satisfactory completion, repairs, or alterations on the assumption that the completion, repairs, or alterations of the subject property will be performed in a professional manner. Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 4 of 6 Fannie Mae Form 1004 March 2005 Form 1004UAD-"TOTAL'appraisal software by a Is mode,Inc.-1-800-ALAMODE 6063434 Uniform Residential Appraisal Report epee 1013363UAD APPRAISER'S CERTIFICATION: The Appraiser certifies and agrees that 1. 1 have, at a minimum, developed and reported this appraisal in accordance with the scope of work requirements stated in this appraisal report. 2. 1 performed a complete visual inspection of the interior and exterior areas of the subject property. I reported the condition of the improvements in factual, specific terms. I identified and reported the physical deficiencies that could affect the livability, soundness, or structural integrity of the property. 3. I performed this appraisal in accordance with the requirements of the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the time this appraisal report was prepared. 4. 1 developed my opinion of the market value of the real property that is the subject Of this report based on the sales comparison approach to value. I have adequate comparable market data to develop a reliable sales comparison approach for this appraisal assignment I further certify that I considered the cost and income approaches to value but did not develop them, unless otherwise indicated in this report. 5. 1 researched, verified, analyzed, and reported on any current agreement for sale for the subject property, any offering for sale of the subject property in the twelve months prior to the effective date of this appraisal, and the prior sales of the subject property for a minimum of three years prior to the effective date of this appraisal, unless otherwise indicated in this report. 6. 1 researched, verified, analyzed, and reported on the prior sales of the comparable sales for a minimum of one year poor to the date of sale of the comparable sale, unless otherwise indicated in this report. 7. 1 selected and used comparable sales that are Iocationally, physically, and functionally the most similar to the subject property. 8. 1 have not used comparable sales that were the result of combining a land sale with the contract purchase price of a home that has been built or will be built on the land. 9. 1 have reported adjustments to the comparable sates that reflect the market's reaction to the differences between the subject property and the comparable sales. 10. I verified, from a disinterested source, all information in this report that was provided by parties who have a financial interest in the sale or featuring of the subject property. 11, 1 have knowledge and experience in appraising this type of property In this market area. 12. 1 am aware of, and have access to, the necessary and appropriate public and private data sources, such as multiple listing services, tax assessment records, public land records and other such data sources for the area in which the property is located. 13. 1 obtained the information, estimates, and opinions furnished by other parties and expressed in this appraisal report from reliable sources that 1 believe to be true and correct. 14. 1 have taken into consideration the factses that have an impact on value with respect to the subject neighborhood, subject property, and the proximity of the subject property to adverse influences in the development of my opinion of market value. I have noted in this appraisal report any adverse conditions (such as, but not limited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) observed during the Inspection of the subject property or that I became aware of during the research involved in performing this appraisal. I have considered these adverse conditions in my analysis of the property value, and have reported on the effect of the conditions an the value and marketability of the subject property. 15. 1 have not knowingly withheld any significant information from this appraisal report and, to the best at my knowledge, all statements and information in this appraisal report are true and correct. 16. 1 stated in this appraisal report my own personal, unbiased, and professional analysis, opinions, and conclusions, which are subject only to the assumptions and limiting conditions in this appraisal report. 17. 1 have no present or prospective interest in the property that is the subject of this report, and I have no present or prospective personal interest or bias with respect to the participants in the transaction. I did not base, either partially or completely, my analysis and/or opinion of market value in this appraisal report on the race, color, religion, sex, age, marital status, handicap, familial status, or national origin of either the prospective owners or Occupants of the subject property or of the present owners or occupants of the properties in the vicinity of the subject property or on any other basis prohibited by law. 18. My employment and/or compensation for performing this appraisal or any future or anticipated appraisals was not conditioned on any agreement or understanding, written or otherwise, that I would report (or present analysis supporting) a predetermined Specific value, a predetermined minimum value, a range or direction in value, a value that favors the cause of any party, or the attainment of a specific result or occurrence of a specific subsequent event (such as approval of a pending mortgage loan appl€eabom, - 19. 1 personally prepared all conclusions and opinions about the real estate that were set forth in this appraisal report. If I relied on significant real property appraisal assistance from any individual or individuals in the performance of this appraisal or the preparation of this appraisal report. I have named such individuals) and disclosed the specific tasks performed in this appraisal report i certify that any individual so named is qualified to pedorm the tasks. I have not authorized anyone to make a change to any item in this appraisal report; therefore, any change made to this appraisal is unauthorized and I will take no responsibility for it. 20. 1 identified the fenchrochent in this appraisal report who is the individual, organization, or agent for the organization that ordered and will receive this appraisal report. Freddie Mac Form 70 March 2005 DAD Version 9/2011 Page 5 of 6 Fannie Mae Form 1004 March 2005 Form 1004UAD-'TOTAL•appraisal software by a la mode,inc.-1-800-ALAMODE 6063434 Uniform Residential Appraisal Report File# 1013363UAD 21. The lender/client may disclose or distribute this appraisal report to: the borrower; another lender at the request of the borrower; the mortgagee or its successors and assigns; mortgage insurers; government sponsored enterprises; other secondary market participants; data collection or reporting services; professional appraisal organizations; any department, agency, or instrumentality of the United States; and any state, the District of Columbia, or other jurisdictions; without having to obtain the appraiser's or supervisory appraiser's (if applicable) consent. Such consent must be obtained before this appraisal report may be disclosed or distributed to any other parry (including, but not limited to, the public through advertising, public relations, news, sales, or other media). 22. 1 am aware that any disclosure or distribution of this appraisal report by me or the lender/client may be subject to certain laws and regulations. Further, I am also subject to the provisions of the Uniform Standards of Professional Appraisal Practice that pertain to disclosure or distribution by me. 23. The borrower, another lender at the request of the borrower, the mortgagee or its successors and assigns, mortgage insurers, government sponsored enterprises, and other secondary market participants may rely on this appraisal report as part of any mortgage finance transaction that involves any one or more of these parties. 24. If this appraisal report was transmitted as an "electronic record" containing my "electronic signature," as those terms are defined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of this appraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable and valid as if a paper version of this appraisal report were delivered containing my original hand written signature. 25. Any intentional or negligent misrepresentation(s) contained in this appraisal report may result in civil liability and/or criminal penalties including, but not limited to, fine or imprisonment or both under the provisions of Title 18, United States Code, Section 1001, at seq., or similar state laws. SUPERVISORY APPRAISER'S CERTIFICATION: The Supervisory Appraiser certifies and agrees that: 1. 1 directly supervised the appraiser for this appraisal assignment, have read the appraisal report, and agree with the appraiser's analysis, opinions, statements, conclusions, and the appraiser's certification. 2. 1 accept full responsibility for the contents of this appraisal report including, but not limited to, the appraiser's analysis, opinions, statements, conclusions, and the appraisers certification. 3. The appraiser identified in this appraisal report is either a sub-contractor or an employee of the supervisory appraiser (or the appraisal firm), is qualified to perform this appraisal, and is acceptable to perform this appraisal under the applicable state law. 4. This appraisal report complies with the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the time this appraisal report was prepared. 5. If this appraisal report was transmitted as an "electronic record" containing my "electronic signature," as those terms are defined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of this appraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable and valid as if a paper version of this appraisal report report were delivered containing my original hand written signature. APPRAISER an M.POrtzlin;" /, '"r SUPERVISORY APPRAISER(ONLY IF REQUIRED) Signature / Signature Name B an Portzli PA Certifed Residential raiser Name Company Name BP Appraiser Services Company Name Company Address 7 Reed Drive Marysville PA 17053 Company Address Telephone Number 717-554-2638 Telephone Number Email Address bry112(?bver zon net Email Address Date of Signature and Report 10/11)2013 Date of Signature Effective Date of Appraisal 10/10/2013 State Certification# State Certification# RL139845 or State License# or State License# State or Other(describe) State# Expiration Date at Certification or License State PA Expiration Date of Certification or License 06/30/2015 SUBJECT PROPERTY ADDRESS OF PROPERTY APPRAISED ❑ Did not inspect subject property 52 Round Ridge Rd ❑ Did inspect exterior of subject property from street Mechan csburg PA 17055 Date of Inspection APPRAISED VALUE OF SUBJECT PROPERTY$ 180,000 ❑ Did inspect interior andexterior of subject property LENDER/CLIENT - Date of Inspection Name Dart Appraisal COMPARABLE SALES Company Name Cole Taylor Mortgage Company Address 2350 Green Road Suite 100 Ann Arbor MI Did not inspect exterior of comparable sales from street 48105 ❑ Did inspect extenorof comparable sales from street Email Address Date of Inspection Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 6 of 6 Fannie Mae Farm 1004 March 2005 Farm 1004UAD-'TOTAL"appraisal software by a la mode,Inc.-1-800-ALAMODE 6063434 Uniform Residential A praisal Report Rte# 1013363UAD FEATURE SUBJECT COMPARABLE SALE B4 COMPARABLE SALE#5 COMPARABLE SALE#6 Address 52 Round Ridge Rd 6C Round Ridge Rd laechanicabur PA 17055 MechanicsDU PA 17055 Protlm to Suh act 0.20 miles NE Sale Price E b_ 194 900 Is b Sale PdotCross Uv.Area b sq,X S 65.76$ .ft Oats Scarves - MLS4102377't&DOM 149 Verification Source 5 TAX ASSESSMENT RECORDS VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION +0 E Ad'usonent DESCRIPTION +M b Adjustment DESCRIPTION +(-I E Adiustalent Saks or Financing Listing Concessions A TIVE:O Oat of Bateman, Active Location NRes etRes: LeaseholNFee SI FEE SIMPLE FEE SIMPLE Site 4792sl 3920 Sf 0 New N-Res� N;Res- E e 10%A HOUSE T VONHOUSE ' Ouad of ConstraCdpl 03 03 ACWaI A e 16 14 0 COA*'D n C3 C3 • Abave Grade Tow 18dram.1 Baths Taut BIXmt. Rams TOW Brims. Bade Total Brims. Baths Room Count 7 1 3 1 2.1 7 3 2.1 Gross UNn Area 2,066 Mid, 2 272 s .tL -3.10 5 .fL so It Basseterre£finished 119esfostwu 12403/OSfw'u 0 Roams Below Grade Functional UBIIN TYPICAL TYPICAL Ha 0 Coaling GAS HA/CENT GAS HA/CENT Ener ENidem ltms STANDARD STANDARD GavaqVCaipqj 1 CAR EHLT-IN 1 CAR ATT Porch1pa6aDeck CV PH/DEKfPT CVD PRH/PAT +1 400 Other NONE 1-FIREPLACE •1200 Other NONE NONE Net Ad"5finent of _ + S .2900 0+ 0- S + S Adpsted Sate Pdoe Net Adj. 145% Net Adj. % Net Adj. % N Com awes Gross Ad. 2,9% S 192 000 Gross Ad. % b Orass Ad. % $ Repot the results of the research and analysts of the POW sale or transfer history of the suhlect Properly and Comparable sales(report addlbonal prim sales mi page 3). ITEM SUBJECT COMPARABLE SALE OF 4 COMPARABLE SALE S 5 COMPARABLE SALE IF 6 Date of Pdar SatatTransfer Price of Prior Sawrransfer : Data Source 5 BLIC RE ROS PUBLIC RECORDS Effective Date of Oat Sources 10/1012013 10/1012013 Analysis o1 poor safe w transfer Nstwy of the subject Drop"and opnMble sales See oraviou,_.s-page.The tistinos on this cage were added W the assignment request anti have npthirlg to do with the subjects value. AnA�StCOmmenis Freddie Mac Form 70 March 2005 UAD Verslon 9/2011 Fannie Mae Form 1004 March 2005 Fpm tO04UAD.(AC}-*TOTAL'appin sat soborr by a 0 mode,are -1-B00•ALAMODE Subject Photo Page Banower PENC David Property Address 52 Round Ridge Rd city Mechanimburo Couny, Cumberland State PA Il Code 17055 Lender Client Cole Taylor Mortgage 1 Subject Front 52 Round Ridge Rd Sales Noe Gross UvIng Area 2,066 Total Rooms 7 Total Bedrooms 3 Total Bathrooms 2.1 IM m Location N;Res; View N;Res; Site 4792 sf OuaYry 03 Age 16 Subject Rear r � j Subject Street Form PIC3X5.SR 'TOTAL'appraisal software by a la mode,Inc.-I.800-ALAMODE Interior Photos Bortowv PENC D8dd R Address 52 Round Rid a Rd McUanicsbu County Cumberland State PA ZjPCOde 17055 LeMef lent Cole Tavim Mod e { Kitchen Dining Room Living Room Master Bedroom } faIx ar l r r ti Bedroom Loft Form PICINT6-TOTAL'apprdsd wrtware by a W mode,Inc.-1.BOO-ALAMOOE Interior Photos Bortower PENC DaWO PmpeM Adtre55 52 Round Ridge Rd uy Mechanlwbum Coun Cumberland State PA Zip Code 17055 Lender/Vlent Cole Te Icr Mortgage n". H i � 1 t r' Bedroom Master Bath I pr �`r r y Master Bath Bathroom I y ' Bathroom Half Bath Form RCIM6-rTOTAC appralsal software by a la mode,Inc -1.800-AIAMODE Interior Photos fiomower PENC David Property Address 52 Round Ridge Rd City Mechan1wbunn Couny. Cumbedand State PA Zip Code 17055 lender Client Cole Taylor Mort e e lu i_ Unfinished Basement Laundry Form PICIM6 'TOTAL'awralsal software ey a la mode,Inc.-1-800-AlAMODE Building Sketch Bortower PENC DaWd Pr Address 52 Rountl Rid aeRd city Mechanimburp Cooty Cumberland State PA ZIPCOde 17055 Londer lend Cole Te for Mort e e 1st FLOOR ]1' 10' MMP 36 Om BeOraam m pmb 10. __ n 10• I.asia Wm Beilroom flN F y uR wn aesa Y ak+ao w,mm 20• UNFINISHED BASEMENT IT a°oam Wn 8M b' IT 2nd FLOOR fuye,� 9�ktdn ee.a9e � B. la•ar Ir eo.uee Bwrn ,r ift r llall31fL10/••.•fcK Yea 4kulatlons Summa 2M-M _Yef _ ..- ._ Cakulatlan OOfalh 11985aR _-32.i). SM 30:5 150 1B:2 . % N 12- 08 2M Flmr B68 S9 R 8.10 . BO Vx20. MO 20 x 16. MB TO I CAI,p A.(RwMeO): 20%Sq R _ I Caa-Ir Butt-In GaragMno Ne%_ e 252 S0 M1 12.21. 252 GOVUaI WrN SS S9 R 9.s • 15 5:2 • 10 Basemeirt It"S9 R 32.17. 5M 30.5 . ISO 18.2 . % 31.12. 09 peck 352 S9 R 16:22• 352 VaoO 160 S9 R 16.10. 1e0 Farm SKT.BLOSKI 'TOTAL'appralml soltwme by a la mode.Inc-1.800-ALAMODE Location Map Boamver PENC David Propeny Address 52 Round Ride Rd ati, Mechanicsburg CmMii Cumberland State PA TWO& 17055 Lender/Client Cole Ta or Mortgage Q 0 p o a la mode inc' m r e 8 1a\Oa d 6 01 r f' i0+ m 3' Pc1as. 01 nN �fi � unosa Ot wg Born Ave San Iua W� rc COMPARABLE No.0 y4 t 6C Round Ridge Road 0.20 miles NE 15 3A m ♦ o Q !7 [OM Ke Way PARABLE No.2 0. Round Ridge Road a s, `1 COMPARABLE No.3 0.06 miles NE ¢e R: 6A 6A Round Ridge Road 1 pAo 0.20 miles NE b� t° �c o P♦y0//O O �e n~�iP wqa .P Y COMPARABLE No. I 21 Round Ridge Read o 0.13 miles NE /yoryow [WSUBJECT 52 Round Ridge Road as S1eyL0 c� f g C0 SC. dl� Clem ,F o� 0 c lr ; F ♦ m � 00 2 uT�Ra 9 0 ��lsb n 9 binq foml MARLOC- TOTAL'appralsal software by a la mode,Inc.-1-800-ALAMODE Comparable Photo Page Borrower PENC DavW R' Address 52 Round Rid a Rd Ci Mechanicsbu a CaMV_Cumbedand State PA 21pGode 17055 Lender/Dient Cale Taylor Mortgage Comparable 1 �N, 21 Round Ridge Rd Prox.to Subject 0.13 miles NE Sale Price 183,500 1 ----- —...�„ Gross LMnA Area 1,953 Total Reams e Total Bedrooms 3 C—+ - -�� Total Sathraams 2.1 Loudon N;Res; View N;Res; �- Site 3920 sf ' • ,.� Y.i F OuaGry 03 Age 18 aS Comparable 2 40 Round Ridge Rd Prox.to Subject 0.06 miles NE Sale Puce 179,500 Gross tMng Area 2,112 ' ' r Total Rooms 7 Total Bedrooms 3 I - j _ Total Bathrooms 2.1 „/ •� Loudon N;Res; f �• '� 1�`..., View N;Res; Site 4792 sf Ouagb 03 Age 18 Comparable 3 6A Round Ridge Rd Prox,to Subject 0.20 miles NE •`µ Sale Price 205,000 t F� Gross flying Area 2,272 Total Rooms 8 Total Bedrooms 3 +`f;_1 Total Bathrooms 2.1 Loudon N;Res; _ View N;Res; Site 6534 sf ^. Ouadty 03 Age 14 f 4 Form PIC3%5.CR-'10TAL'appraisal so%rare by a la mode,Inc.-1-800-ALAMODE Comparable Photo Page Borrower PENC David Property Address 52 Round Ridge Rd _ CiN Mechanicsburg County Cumberland Stale PA L Cade 17055 Lender/Client Cole Taylor Mortgage r Comparable 4 6C Round Ridge Rd f� r r�-`"" 41 Prox.to Subject 0.20 miles NE Sale Pnce 194,900 Gross Living Area 2,272 Total Roams 7 Mt Total Bedrooms 3 ;ol —^' Total Bathrooms 2.1 C Locaton N;Res; 7 View N;Res; Site 3920 sf -'- Quality Q3 Age 14 `x r Comparable 5 Prox.to Subject Sale Rica Gross Living Area Total Roams Total Bedrooms Total Bathrooms Location View Site Quality Age Comparable 6 Prox.to Subject Sale Price Gross Living Area Total Rooms Total Bedrooms Total Bathrooms Lucadon View Site Quality Age Fan PIC3%5.CR-'OTAL-appraisal software by a Is mode,inc.-1-800-ALAMODE MULTI-PURPOSE SUPPLEMENTAL ADDENDUM FOR FEDERALLY RELATED TRANSACTIONS 6063434 BP Appraisal Services File No.:1013363UAD Borrower/Client PENC David Property Address 52 Round Ridge Rd City Mechanicsburg County Cumberland State PA Zip Cade 17055 Lender Cole Taylor Mortgage This Mulb-Purpose Supplemental Addendum for Federally Related Transactions was designed to provide the appraiser with a can-vement way to comply with the current appraisal standards and requirements at the Federal Deposit Insurance Corporation(FDIC),the Office of the Comptroller of Currency(OCC),The Office of Thrift Supervision(OTS),the Resolution Trust Corporation(RTC),and the Federal Reserve. This Multi-Purpose Supplemental Addendum is for use with any appraisal. Only those statements which have been checked by the appraiser apply to the property being appraised. PURPOSE 8 FUNCTION OF APPRAISAL The purpose of the appraisal isto estimate the market value of the subjectproperty as defined herein. The function of the appraisal is to assist the above-named Lender in evaluating the subject property for lending purposes. This is a federally related transaction. EXTENT OF APPRAISAL PROCESS ® The appraisal is based on the information gathered by the appraiser from public records,other identified sources,inspection of the subject property and neighborhood,and selection of comparable sales within the subject market area The original source of the com- parables is shown in the Data Source section of the market grid along with the source of confirmation,if available. The original source is presented first. The sources and data are considered reliable.When conflicting information was provided,the source deemed most reliable has been used. Data believed to be unreliable was not included in the report nor used as a basis for the value conclusion. ® The Reproduction Cast is based on Marshall and Swift cost handbook supplemented by the appraiser's knowledge of the local market. ® Physical depreciation is based on the estimated effective age of the subject property. Functional and/or external depreciation,if present,is specifically addressed in the appraisal report or other addenda. In estimating the site value,the appraiser has relied on personal knowledge of the local market. This knowledge is based on prior and/or current analysis of site sales and/or abstraction of site values from sales of improved properties. ® The subject property is located in an area of primarily owner-accupied single family residences and the Income Approach is not consi- dered to be meaningful.For this reason,the Income Approach was not used ❑ The Estimated Market Rent and Gross Rent Multiplier utilized in the Income Approach are based on the appraiser's knowledge of the subject market area.The rental knowledge is based on prior and/or current rental rate surveys of residential properties. The Gross Rent Multiplier is based on prior and/or current analysis of prices and market rates for residential properties. ❑ For income producing properties,actual rents,vacancies and expenses have been reported and analyzed. They have been used to pro- ject future rents,vacancies and expenses. SUBJECT PROPERTY OFFERING INFORMATION According to Central Penn MILS the subject property: ® has not been offered for sale in the past 12 months or 1 years. ❑ is currently offered for sale for$ ❑ was offered for sale within the past months or - years. ❑ Offering information was considered in the final r econciliation of value. ❑ Offering information was not considered in the final reconciliation of value. ❑ Offering information was not available. The reasons for unavailability and the steps taken by the appraiser are explained later in this addendum. ® SALES HISTORY OF SUBJECT PROPERTY According to Cumberland C ntv Rewrds the subject property: ® Has not transferred in the past 36 months or 3 years. ❑ Has transferred in the past months or years. ❑ All prior sales which have occurred in the past months or years are listed below and reconciled to the ap- praised value,either in the body of the report or in the addenda. Dale Sales Price Document# Seller Buyer ® FEMA FLOOD HAZARD DATA ® Subject property is not located in a FEMA Special Flood Hazard Area. ❑ Subject is located in a FEMA Special Flood Hazard Area. Zane FEMA Map/Panel# Map Date Name of Community X 42041CO266E 03/16/2009 U er Allen Townshi Cumberland Coun ❑ The community does not participate in the National Flood Insurance Program. ❑ The community does participate in the National Flood Insurance Program. ❑ It is covered by a regular program. ❑ It is covered by an emergency program. Page 1 of 2 form FNCMPA 'TOTAL'appraisal software by a la made,ino.-1800-ALAMODE 6063434 File Nil 1013363UAD ® CURRENT SALES CONTRACT ® The subject property is currently not under contract. ❑ The contract and/or escrow instructions were not available for review. The unavailability of the contract is explained later in the addenda section. ❑ The contract and/or escrow instructions were reviewed. The following summarizes the contract: Conhact Date Amendment Date Conract Pice Seller ❑ The contract indicated that personal property was not included in the sale. ❑ The contract indicated that personal property was included. It consisted of Estimated contributory value is$ ❑ Personal property was not included in the final value estimate. ❑ Personal property was included in the final value estimate. ❑ The contract indicated no financing concessions or other incentives. ❑ The contract indicated the fallowing concessions or incentives: ❑ if concessions or incentives exist,the comparables were checked for similar concessions and appropriate adjustments were made,if applicable,so that the final value conclusion is in compliance with the Market Value defined herein. MARKET OVERVIEW Include an explanation of current market canditions and trends. 3-6 months is considered a reasonable marketing period for the subject property based on MILS and Cumberland County records. ® ADDITIONAL CERTIFICATION The Appraiser certifies and agrees that (1) The analyses,opinions and conclusions were developed and this report was prepared in conformity with the Uniform Standards of Professional Appraisal Practice('USPAP"),and in accordance word he regulations developed by the Lender's Federal Regulatory Agency as required by FIRREA,except that the Departure Provisions of the USPAP do not apply. (2) Their compensation is not contingent upon the reporting of predetermined value or direction in value that favors the cause of the client, the amount of the value estimate,the attainment of a stipulated result,or the occurrence of a subsequent event. (3) This appraisal assignment was not based on a requested minimum valuation,aspecific valuation,or the approval of a loan. ® ADDITIONAL(ENVIRONMENTAL)LIMITING CONDITIONS The value estimated is based on the assumption that the property is not negatively affected by the existence of hazardous substances or detrimental environmental conditions unless otherwise stated in this report. The appraiser is not an expert in the identification of hazardous substances or detrimental conditions. The appraiser's arms inspection of and inquiries about the subject property did not develop any information that indicated any apparent significant hazardous substances or detrimental environmental condifions which would affect the property negatively unless otherwise stated in this report. It is passible that tests and inspections made by a qualified hazardous substance and environmental expert would reveal the existence of hazardous substances or detrimental environmental conditions on or around the property that would negatively affect its value. ❑ ADDITIONAL COMMENTS ® APPRAISER'SSIGN ;ryan LICENSE/CE ATI Appraiser's Signatur ctive Date 10/10/2013 Date Prepared 10111/2013 Appraiser's Name(print) Portzline-PA Certified Re=. Phone# 717-554-2638 State PA License# Certification# RL139845 Tax ID# 200604011 ❑ CO-SIGNING APPRAISER'S CERTIFICATION ❑ Theca-signing appraiser has personally inspected the subject property,both inside and out,and has made an exterior inspection of all comparable sales listed in the report. The report was prepared by the appraiser under direct supervision of the co-signing appraiser, The co-signing appraiser accepts responsibility for the contents of the report including the value conclusions and the limiting candi-bans,and confirms that the certifications apply fully to the co-signing appraiser. ❑ The co-signing appraiser has not personally inspected the interior of the subject property and; ❑ has not inspected the exte rior of the subject property and all comparable sales listed in the report. ❑ has inspected the exterior of the subject property and all comparable sales listed in the report. ❑ The report was prepared by the appraiser under direct supervision of the co-signing appraiser. The co-signing appraiser accepts responsibility for the contents of the report,including the value conclusions and the limiting conditions,and confirms that the certifications apply fully to the co-signing appraiser with the exception of the certification regarding physical inspections. The above describes the level of inspection performed by the ca-signing appraiser. ❑ The co-signing appraiser's level of inspection,involvement in the appraisal process and certification are covered elsewhere in the addenda section of this appraisal. ❑ CO-SIGNING APPRAISER'S SIGNATURE B LICENSE/CERTIFICATION Appraiser's Signature ❑Trainee ❑Review ❑Other Appraiser's Name(print) SS# State License# Certified# Page 2 of 2 Form FNCMPA "TOTAL'appraisal software by a Is mode,all 1-800-AIAM00E Market Conditions Addendum to the Appraisal Report 6063434 FlIe NO. 1013363UAD The purpose of this addendum is to provide the lender/client with a dear and accurate understanding of the market trends and conditions prevalent In the subject nbamood.This is a required addendum far all appraisal reports with an effective date on or after April 1 2009. Property Address 52 Round Ridoe Rd City Mechanicsburg State PA 21P Code 17055 Borrower PENC David Infractions:The appraiser must use the bdormamm required an this form as the basis for Ms'her conclusions,and must provide support for Nose conclusions,regarding housing trends and overall market cond'0ons as reported In the Neighborhood section of the appralsal report form.The appraiser must IIg In ar the Information to the extent If Is avallw4e and reliable and must provide ana"s as Indicated below it any required data Is unavailable or is considered unreliable,the appraiser must provide an explanation,it Is recognized that not all data sources will be able to provide data far the shaded areas below,it It Is available,however,vie appraiser must Include the data In the analysis.It data sources provide the required Information as an average Instead of the median,the Appraiser should report the available figure and identify has an average.Sales and listings must be properties Nat compete with the subject propeM,determined by applying vie edema that would be used by a prospective buyer of the sublect property.The Appraiser must explain my anomalies In vie data such as seasonal markets,new construction,foreclosures,etc. firvahuyAftelph Prior 7-12 Months Prior 4-6 Months Current-3 Months Overall Trend Total#of Cora le Sales Settled 7 5 1 Increasin Stable - OecllNn Absorption Nate oral SaleyMonths 1.17 1.67 .33 Inueadn Stable Dedirm Total#M Comparable Active Uttin s 1 2 2 W Declining Stable JW Increasing Months of Housing Supply Crolal Ustin s/Ab.Rate 0.9 1.2 6.1 Lj Declining Stable R I Increasing Median Sale a Ust Price,DOM,Sale/List% Prix 7-12 Months Pdor 4-6 Months Current-3 Months Overall Trend Median Comparable Sale Price 166,000 170,000 166,000 ❑Increasing _ Stable ILI Declining Median Comparable Safes Days on Market 63 109 275 Declining ,Stable Increasing Main fable Ust Price 159.000 188.000 173.000 Increasing X Stable Declining Median Ca able Ustin s Days an Market 197 136 a9 Declidn ,Stable Increasin Median Sale Price as%of Ust Pete 104 90 96 Increasing ,Stable JLJ Declining Sellef-(developer,builder,etc. id financial assistance prevalent? Lj Yes K No Declumq IX Stable ID increasing Explain In detail the seller concessions trends for the past 12 months(e.g.,setter contr budons Increased Iran 3%10 5%,Increasing use of buydowns,closing costs,condo lees,priors,etc.). The MLS service Indicates that the typical property sells in 3-6 months Sellers are not required to otter sales or financing concessions,however,it is occurring. Seller contributions are NpicalN an ere Iron 3%-6%but does rat alwa s occur. Are foreclosure sales REO sales a factor In the market? LI Yes D4 No it Yes,expiam OncluMno the trends in IisOn s and sales of laadosed properties). In this area,their are not many REO safes therefore they have little affect on the market. Cite data sources for above Information. Central Penn MILS and Cumberland County records. Summadm the above Information as support for your conclusions h vie Neighborhood section of the appraisal report farm.it you used any additional information,such as an mmysis of pending sales ands expired and withdrawn listings,to fomMate your conclusions provide both an explanation and support for your conclusions. The market in this area is stable and sup he and demand seem to be in balance. Values are remaining stable at this time and are not deci ning.No Remain above.There were a minimal amount of market sates that are similar to the subject at the time of the inspection.Typically in the winter months In this area market sates and active listings are slow/down. - If the s ect Is a unit In a condominium or coo a purcleet,cemplen the following: Project Neme: Sublect Pr0ect Oata 1 Prior7-1210mth s Pdor 4-6 Months Current-3 Months Overall Trend Total#of Comparable Sales(Settled) Increasin Stable Declining Ab tlon Rate plat sdes/MOnths Increasin Stable Declining Total#of Active Comparable Ustin s Declining Stable 11 1 Increasing Months of Unit SU oral USgns/Ab.Raa Declining Stable Imaeasin Are foreclosure sales(REO sales)a factor in the project? Lj Yes Lj No If yes,indicate the number of REO listings and explain the bends in listings and sales of foreclosed properties. . Summarize the above trends and address the impact an the object unit and prefect. 51 nacre Slamature riser Name B e ortzline-PA Cenlfied R artist A miser S Ms falser Name Company Name BP Apraisal Services Company Name Company Address 7 Reed Drive Marysville,PA 17053 Gomprany Address State UcenseXertficatial# RL139845 State PA State UcensUCerthication# state Emall Address bryl 12®vedzon.net Emall Address Freddie Mac Form 71 March 2009 Page 1 of 1 Fannie Mae Foml 1004MC March 2009 Forth 1004MC2-'TOTAL'aplatt software by a la mode,Inc.-1-600-ALAMODE Deed - as�it,�'fia 2:Ecm RECOR MOP-EEOS MraxAaart�' cwaEA43t0 COLNTY-RA �ffra>Aa. 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Certificate Status Certificate y�ti Certified Residential Appraiser 0 �-} � '9 (� Active r v. .- J � 4 initial Cerlifcation Date t 1112412010 BRYAN MATTHEW PORTZLINE Certificate 7 REED DRIVE Nllnlher Marysville PA 17053 RL139845 Expiration Date S 0 613 0/2 01 5 1a t'ammn.{rnn ni lm•4mamalnM 0.lwmh:nm.\limn 511 Fan '�JJlll.}u7StL11lYYL�JA.W� Farm SGNLGL-*TOTAL•appralsal software by a la mode,Inc.-I.800-ALAMODE E & 0 REAL ESTATE APPRAISERS PROFESSIONAL LIABILITY THIS DECLARATION PAGE IS ATTACHED TO AND FORMS PART OF THE POLICY Date Issued:112212C er:PL0477967 I Previous Number:PL0477967 COVERAGE IS PROVIDED ON A CLAIMS MADE BASIS.PLEASE READ CAREFULLY. Item NAME OF INSURER STAR 1 N a u A N C E D e M n A N Y 26255 American Drive,Southfield MI 48034.2438 Tel: 800 482-2726 NAMED INSURED: Bryan M.Portzllne,DBA BP Appraisal Services 2 7 Reed Drive Marysville.PA 17053 POLICY PERIOD 3 From: 112412013 To: 112412014 DEDUCTIBLE® OR RETENTION;❑ RETROACTIVE DATE: 1124/2011 4 Each Claim:S 1000 LIMIT OF LIABILITY 5 $1.000,000 Each Claim The Limit of Liability for each claim and in the aggregate is reduced by claims expense as defined in the Policy. E 1.000.000 Aggregate MAIL NOTICE OF LOSS TO: J.A,PRICE AGENCY,INC. 6 6640 SHAD"OAK ROAD-SUITE 500 1 YA EDEN PRAIRIE.MN S5344 6176 Phmo:600-944$119 - Fm:052.9445061 7 ANNUAL PREMIUM:E 650 NUMBER OF APPRAISERS: 1 SURCHARGE OR TAX:E Not Applicable FORMS ATTACHED AT ISSUE: 8 0128PL 1102.0490PL 1102,4138PL 0312.0238PL 0204, 1177PL 1102.2283 PL 1102.3420PL 1102.Privacy Statement,4136PL 1102,3839PL 1102.5417PL 1102.1066PL 1102 Our authorized representative AGENCY,INC is: J.A.PRICE AGENCY,INC. 6640 SHADY RAIRM ROAD-SURE 500 �� f:W PRAIRIE,MN 55344$1)6 orized RePresentative PAan:840.9440110- Fm; P52P44Sp61 01 28 PL 11 02 Pago 1 of 1 Form SGNLGL-ROTAL'aWalsal software by a la mode,In,-1-800-ALAMODE r. .013 13:43 717-920-4666 DEPOSIT SERVICES PAGE 02/03 METRO BANK 3801 Paxton Street 888.937.0004 Harrisburg, PA 17111 mymetrobank.com 10/25/13 David H. Stone, Esquire Stone, laFaver 8 Shekletski 414 Bridge St. P. O. Box E New Cumberland, PA 17070 RE: Estate of: Dagmar D. Penc Tax Identification Number: 276-54-0189 Date of Death: August 24, 2013 To Whom It May Concern: This letter is in reference to decedent account information you requested for the individual listed above. We are able to provide the following: Account Type:SV Account Number: 616044799 Date Opened: 12117/1998 Date Closed: 09/19/2013 Primary Owner: Dagmar D. Penc Date of Death Balance: $4,597.28 Account Type: CK Account Number. 536258205 Date Opened: 07/31/2003 Date Closed: 09119/2013 Primary Owner: Dagmar D. Penc Date of Death Balance: $21,995.15 Account Type:CK Account Number: 537910408 Date Opened: 08/2312007 Date Closed: 09/1912013 Primary Owner: Dagmar D. Penc Date of Death Balance: $1,499.88 :013 13:43 717-920-4666 DEPOSIT SERVICES PAGE 03/03 METRO 380 Pton BANK Harrisburg PAt17111 rn metrobaOnk.com Please note: The accrued interest will not be paid if the account is closed prior to the date the interest Is scheduled to post. In addition to the accounts listed above the decedent has a joint safe deposit box#236 with David V. Penc at our Hampden branch location. Please feel free to contact me at 717-412-6127 if I may be of further assistance. Sincerely, Jenn erJacobs Research Associate Metro Bank 5(7114 KelleyBtue Book 1111"111 :r1) Kelley Blue Book The Trusted Resourcee Get a great deal on a r< �' new Honda today. Advwanimt - - Why ads? 2007 Honda CR—V Sell To Private Party Pricing Report Fei, Condition Vey Good Style:L%Sport Utility 4D C dition $11,287 Condhio„ tr Mileage:94,000 $10,237 dr $11,687 Exceneat !� Rip Condib. $12,137 t • Vehicle Highlights Fuel Economy. Max Seating:5 City 19/Hwy 26/Comb 22 MPG Private Party Values valid for your area through 5(9/2014 Doors:4 Engine:4-Cyl,VTEC,2.4 Liter Drivetrain:4WD Transmission:Automatic EPA Class:Sport Utility Vehicles Body Style:Sport Utility Country of Origin:Japan Country of Assembly:Japan Your Configured Options i Our pre-selected options,based on typical equipment for this car. 1 Options that you added while mnfigumg this car. Engine 1 4{)t,VTE4 2.4 Lter Tran"isslon I l Automatic Drivetmh i 4WD Braking and Traction Traction Control j Stability Control AIRS(4-WheeQ Comfort and Convenience At Conditioning Power Windows Power Door Locks Cruise Control Steering Power Steering TR Wheel Entertainment and Instrumentation AM/FM Stereo CD(Single Disc) I Safety and Security Dual AL Bags Side At Bags Wheels and Ties Steel Wheels w ..lmb.cmnlwxWcr-w2D07-hmxfa-cr-,A*sport-uUlity�4dfTehiCleid=Ml8irtterd=trade-insell&parcel=anervev.6,aptiorts=175&7761 talsei 17567741 true"lea... 12 5(7/14 Kelley Blue Book Glossary of Terms Kelley glue Book&Trade-In Value-This s the amount f Tip:can expect to receive when you trade In your car to a dealer.This value Is determined based on the style,concitbn,mileage and options It's crucial to know your car's Indicated. true condition when you sell it, Trade-In Range-The Trade-In Range Is Kelley Blue Book's estimate of what you can reasonably so that you can price it expect to receHe this week based on the style,condition,mileage and options of your vehicle when appropriately. Consider having you trade it h to a dealer.However,every dealer is diferent and values are not guaranteed. your mechanic give you an objective report. Kegey Blue Book&Private Party Value-This Is the starting point for negotiation of a used-car sale between a private buyer and soler.This Is an nas Is"value that does not Include any warranties.The final price depends on the car's actual condition and local market factors. Private Party Range-The Private Party Range Is Keley Blue Books estimate of what you can reasonably expect to receive this week for a vehicle with Rated mileage In the selected condition and configured wth your selected options,excluding taxes,tkle and fees when soling to a private party. Excellent Condition-3%of al cars we value.This car looks new and is h excellent mechanical condition.R has never had paint or bodywork and has an interior and body free of wear and vlsble defects.The car Is rust-free and does not need reconditlenhg.Its dean engine compartment is free of fluid leaks R also has a clean title history,has complete and verifiable service records and will pass safety and smog Inspection. Very Good Condition-23%of al cars we value.This car has minor wear or visible defects on the body and Interior but IS In excelent mechanical condtlon,requiring only mhhial reconditioning.R has Rtle to no paint and bodywork and Is free of rust.its clean engine compartment Is free of fluid leaks. The ties match and have 75%or more of tread.R also has a clean title history,with most service records avaiable,and wil pas safety and smog Inspection. Good Condition-54%of al cars we value.This car Is free of major mechanical problems but may need some reconditioning.Its paint and bodywork may require minor touch-ups,with repairable cosmetic defects,and its enghe compartment may have minor leaks There are minor body scratches or dings and minor Interior blemishes,but no rust.The ties match and have 50%or more of tread.R also has a dean title history,with some service records avalable,and will pas safety and smog Inspection. Fair Condition-18%of al cars we value.This car has some mechanical or cosmetic defects and needs servicing,but Is still in safe running condition and has a clean ttle history.The paint,body and/or interior may need professional servicing.The tires may need replacing and there may be some repairable rust damage. &1995-2014 Keley Sue Book Co.*,Ix.AN rights reserved. 02014 KMN&ire BaoK U.,Inc.All NghfS rere eo.511 12014-518 11014Edhlon fa0.nnsr/va1417055.The..ecIfle Infamaflon rtVVlred fa deramdne the verve for thin Gert/cu4,vddde ryas svppaW by the pasts pmnaring this nlo/t.whade vNVMImS me Win'.,end min very treat vMlde In vMlele.Acheel vafuatlms w/h very DMM upa,marRef rndill.,,11K flcNlms-vM/cIr CaldlflM or aaa pMlcular[l/LYTSfancre pMlnMt to thlS Vbhtk-l4 veald.M1 the tenlKlbh a,the pent.to the t loco/09.Th's,m0-rISIn!endedfa the Ind%vld.11 YSO a the parer,gMbMing (his repot only old shot'not he sad a trmrsmined to anther party.KaIN Mae Book msum.no respon lbluty for eves>emlSS/ms.(v.14051) wk»v.Imb.cmJhurdal«•J2007-halo«-tllx-sport-utilit),4d?1Mddeid=M18iment=trade-in-sell8panel=oleNewdopti«ts=17587761 false)17587741 true&Rilea... 2/2 Holdings by Investor Dagmar Penc Edward P Gormley CPA,CFI@ Combined Account Portfolio 52 Round Ridge Road Susquehanna Financial Advisors Date: 08/24/2013 T�,t TT�7 Mechanicsburg, PA 17055 LLC Created: 11/07/2013 SUSkz 1 u11V1vA 4999 LOUISE DRIVE n<•vd.trh4,mnur. SUITE 101 MECHANICSBURG, PA 17055 717-506-2100 Dagmar Pene Acct Name:DAGMAR PENC 52 ROUND RIDGE ROAD MECHANICSBURG, PA 17055 Acct No:00711397324 Acct Type:IRA Individually Established Rep. No:ABK3795 Asset Name ,Ticker Asset Type - _ Mgt.Name Quantity _ - PHce(b) --Valued AMR BLUE CHIP INCOME AND - - - 13' GROWTH US STOCKS HARTFORD 3,508.94 1.28 4,495.23 LIFE AMR GLOBAL SMALL NON-US STOCKS HARTFORD 115.47 16.29 1,881.02 CAPITALIZATION LIFE AMR GROWTH US STOCKS HARTFORD 326.54 11.45 3,740.52 LIFE AMR GROWTH-INCOME US STOCKS HARTFORD 247.34 15.46 3,824.52 LIFE AMR INTERNATIONAL NON-US STOCKS HARTFORD 237.14 12.33 2,924.30 LIFE FRANKLIN STRATEGIC INCOME BONDS SECURITIES HARTFORD 1,677.48 19.30 32,380.79 LIFE MFS VALUE SERIES US STOCKS HARTFORD 189,16 20.14 3.924.04 LIFE TEMPLETON DEVELOPING NON-US STOCKS HARTFORD 65.27 MARKETS SECURITIES LIFE 22.79 1.487.74 TEMPLETON FOREIGN SECURITIES NON-US STOCKS HARTFORD 178.92 13.51 2,418.35 FUND LIFE Account Total: $57,074.52 Investor Total: $57,074.52 Inoomplele it presented without accompanying disclosure pages Page 1 of 2 A. Settlement Statement (HUD-1A) OMB Approval No.2502-0265 Optional Form for Transactions without Sellers Order Number:32428PENC Name and Address of Borrower: Name and Address of Lender: David V.Penc,52 Round Ridge Road,Mechanicsburg,Pa 17055 Cole Taylor Bank 2350 Green Road Suite 100.Ann Arbor MI 48105 Property Location: Settlement Agent:Cedar Cliff Abstract Agency,Inc. 52 Round Ridge Road 414 Bridge Street,New Cumberland,PA 17070 Mechanicsburg,PA 17055 Telephone'.717-774-7435 Fax 717-774-3869 Upper Allen Township Place of Settlement: 414 Bridge Street,New Cumberland,PA 17070 Loan Number: 6063434 Settlement Date: Disbursement Date: Mtg Ins Case#: 12117/2013 1212312013 L,Settlement Char as Fail M.Disbursements to Others 800. Items Pa afire In Connection with Loan - 15m. Payprcmnm mormage man as& 9984529 001. Ourongination charge (Includes Origination Point 0.000%or$000) from GFE#1$2,890.00 m us Bank Horre kalgage 802. Your credd or charge(points)for the specific interest rate chosen from GFE#2)$-2,757 39 1502. 2ET�ahip ewed9am 34e 3s 803. Yeuradjusted origination charges from GFEA 132.61 m upper 804. Appraisal fee tc FBO Int ri(-Dart from GFE#3 440.00 15-3. 805. Credit repon to FBO Inte dt-Credco from GFE#3 28.20 806. Tax service to (from GFE fin 1504 807. Flood certification to Corelo is Flood Services from GFE Q) 9.00 808. la from GFE#3 1505 900. Items Re aired b Lender to Be Pa IA to Advance 901. Daily interest charges fm 12/23/13 to 01/01114 @$13.5582/day from GFE#10 122.02 1506 902. Mart a e insurance premium months to from GFE#3 903 Homeowners insurance to ears to ALLSTATE INSURANCE from GFE#11 1,063.81 1507 904, months to from GFE#11 1000. Reserves Deposited with Lender 1001. Initial deposit for your escrow account (from GFE#9; 1,74498 1w9 1002.Homeowner's insurance 5 months @$ 88.65 1month $443.25 15-3 1003. Mortgage insurance months $ /month 1004.Property faxes 11 months @$ 65.46 1month $72006 1510 1005. months $ /month 15tt 1006,School Taxes 7 months @$ 194.891monlh $1,364.23 151E 1007.Aggregate Adjustment $-782.56 1513 1100. Title Char es 1101. Title services and lenders title insuran from GFE#4 1,349.75 1514. 1102. Settlement or closing fee to $ 1103 Owners title insurance from GFE 95 151. 1104. Lenders title insurance $104475 1105. Lenders Idle policy limit$107,00000 Lenders Policy 130 Tatlmmbursed 99,193.67 1106. Owners litre policy limit$0.00 Owners Policy (Surer on line 16031 1107. Agent's portion of the total title insurance premium $833.98 Lo Cedar Cliff Abstract A enc,Inc. N.Net Settlement 1108. Underwriters portion of the total title insurance premium $210.77 1600 Laao emoum g 1m,i]C9. L1205to Commonwealth Land Title Insurance Company , to I6m. Plus Ce,10(neek from Borrower 5 7554- Government Recordir and Transfer Charges 1602 umpa Tmal sehternem charges $ 8581.73 Government recording charges (from GFE#7) 168.00 (line Win Deed$67,00 Mon a e$101.00 Release$ 1603 Mena,Tow olebureadam S 99,193.61 Transferlaxes (from GFE#8) re Other,(6ne120) Cily/Counly tax/stamps Deed$ Mortgage$ 16N Searle rural oi:bwaemema $ Stale Taxlstamps Deed$ Mon a e$ to Borrower . Deed$ Mortgage$ (ever.,,ation of any appocaote 1300. Additional Settlement Charges ra:°ee'an perme rw ireo ay ear 1301 Required services that you can shop for from GFE 9 302. to $ 1303. to $ 1304.2013 County taxes(Penalty to Dennis Zerbe,Tax Collector 881.54 1305 2013 School lazes to Dennis Zeme,Tax Collector 2,621.72 'Paid onside of closing by(B)onowe r,(S)elleq(L)ender,(I)n.etor,Bro(K)er.°Credit by lender shown on page l "'Credit by sellershow.on page 1. aee,emenr process aY'aeu YyvtlIe OMB wnlrelnvmM.NOwnlaenrulerYmuM,rMCndeaur�am�Na pry nrrrs u e wwwr.o-r.I a Welea reanEYF mveree rnnsaum�wtlnlnrarmavon E,rw rnewmpne See attached addendum for additional information Previous editions are obsolete Page 1 of 3 HUD-lA Comparison of Good Faith EsOmate GF and HUD-1A Charges Good Faith Estimate HUD-1A Char es That Cannel Increase HUD1A Una Number Our origination charge g 801 2,935.00 2,89000 Your credit or charge(points)for the specific interest rate chosen - # 802 .2,757.39 -2,757.39 Your adjusted origination charges -M1 803 - _. 177.61 132.61 Transfer taxes fe 1203 0.00 0.00 Charges That In Total Cannot Increase More Than 10% Good Felth Estimate HUD-lA Government recording charges M 1201 175.00 16800 Appraisal lee - - d 804 -- - 425.00 440.00 Credit report - - - g 1105 4500 26.20 Flood certification - - d 807 - 15.50 9.00 Title services and lender's gtle insurance p 1101 - 1,215.50 1,349.75 Owners title insurance q 1103 . 0.00 0.00 p S 1,876.00 1,994.95 IiRTTM r $ 11895 6.3406% Charges That Can Change Good Faith Estimate HUD1A Initial deposit for your escrow•account N 1001 - 3,26595 1,744.98 Dally interest charges from N 901 - $13.5582Id 203.37 122.02 Horneownees insurance # 903 0.00 1,06381 If N . Loan Terms Your initial loan amount is $107,OOD.OD Your loan term is - 30.years Your initial Interest rate is 4.6250% Your initial monthly amount axed for principal,interest,and any mortgage $550.13 includes insurance is - ❑K Principal ❑X Inlaeei ❑Mortgage Insurance Can your interest rate dse? ❑No- ❑Yes,it can nse to a maximum of %. The first change Will be on I I and can change again every years after I I . Every change date,your interest rate can increase or decrease by %. Over the life of the loan,your Interest rate is guaranteed to never be lower than %or higher than %. Even if you make payments on time,can your ban balance dse? ❑X No. ❑Yes,It can rise to a maximum of$ Even 0 you make payments on 6me,can your monthly amount avert for ❑X No. ❑Yes,the first increase can be on I I and the monthly principal,interest,and mortgage Insurance rise? amount owed can rise to S The maximum it an ever rise to is S Does your ban have a prepayment penalty? ❑X No. ❑Yes,your maximum prepayment penalty is$ Does your ban have a balloon payment? ❑X No ❑Yes,you have a balloon payment of$ due in years on I I . Taal monthly amount owed including escrow account payments ❑You do not have a monthly esaav payment for items,such as property taxes and hornw.vners insurance. You must pay these items directly yourself. ❑X You have an addilional monthly escrow payment of$349.00 that results in a total initial monthly amount owed of$899.13. This Includes principal,interest,any mortgage insurance and any items checked bel ❑X Properly taxes X❑Homeowner's insurance ❑Flood Insurance ❑X Misc Impound ❑ ❑ Note: If you have any questions about the Settlement Charges and Loan Tens listed on[his form,please contact your lender. See attached addendum for additional Information Previous editions are obsolete Page 2 of 3 HUD-1A Elm HUD CERTIFICATION OF BUYER AND SELLER i be.carefully remmahl the HUD I Settlement Statement and to the best of my knowledge and belief,it is a true and eceurate statement of all receipts and disbursements made an my account or by me in this transaction.I further certify that I have received a copy of the HUD-1 Settlement Statement. David V.Penn; The HUD.I Settlement Statement which I have prepared is a true and accurate account of this transaction.I have caused or will cause the funds to be disbursed in accordance with this statement SETTLEMENT AGENT DATE WARNING:IT IS A CRIME TO KNOWINGLY MAKE FALSE STATEMENTS TO THE UNITED STATES ON THIS OR ANY SIMI VAR FORM PENALTIES UPON CONV}CTION CAN INCLUDE A fiNE AND IMPRISONMENT.FOR DETAILS SEE TITLE 18:U.S.CODE SECTION 1001 AND SECTION 1010. See attached addendum for additional information Previous editions are obsolete Page 3 of 3 HUD-1A Name d Borrower: Name of Seiler. File Number David V.Pent 32428PENC TineExpress Prepared 1211 W2013 at IV pm mom: This page is famished to give you an itemization of the amounts shown on Line:um,003 and , Paid From:, ,Paid From iie4 of the Settlement Statement (HUD-1). This page accompanies but is not a pan of the QefroWDes Seller's settlement statement.if a discrepancy exists,the information shown on the Settlement 5taumenx Funds at. Funds at (HUD-1)applies. Settlement, Settlement 1100. This Charges- Amounts lnduded In Llne 1101" 1101. Tide services and lendets title insurance - - 1,349.75 a.ETF Fee 5 50.00 b.Fed-exAVtrefea 55.00 c.Nalary No 3500 d.Tax red lee 15.00 e,Deed prep fee 15000 $ 305.00 1102. Settlement or dosing tee 4103. Owma s bile insommze 1104. Landets tine insurance (policy) $ 81975 $ 1,0605 a.Endorsement 900 EPL-Residesmai 5a00 b.Closing Service Letter 75.00 c.ALTA Shorl Foam LAan 100.00 (Total 1103-1104) LIagLi 1105. Lender's this policy limit£107,000.00 - 11D6. Owner's b0e policy limit 1 1107. Agerfs porgen dike total the immiranse premium S 833.98`? 1108. Underwriers podiart W the total title Insurance planar 210.77 4 (Total 1107-1108) .Il 1109. 1110. 1111. 1112. Total '• Borrower_ Sortaner ` ;Seiler 1100. Title Charges vithP4 es ' +' r• Charge POC or Credit Line 1101 - Paid - 1101. Title services and lenders We insurance S a.ETF Fee to Stone Let&&8 Shedelski $0.00 50.00 b.FedEMkim tee to Stone Lefever It Shakletski 55.00 5500 C. Notary Into Cash 35.00 35.00 d.Tax ced fee to Stone Lefever&Shektetski 15.00 1500 a.Deed prep tee to Stone Lefever It Shekleiski 150.00 15000 1104. Lender's title insurance to Cedar Cliff Abstrad AgenCy,Inc. 1,044.75 1,044.75 -.. £ 1,349.75. - '.1,349.75