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Home My WebLink About11-20-14 IN THE ORPHANS' COURT DIVISION OF THE COURT OF COMMON PLEAS �„3 � � OF CUMBERLAND COUNTY, PENNSYLVANIA r� � -= �; � ;� =.� ' r� � _., - _, :; n._ �-, � �;, ...� . r,..'_ �� t �' IN �: � _ � M '� : PA NO: 21-13-1088 r > ._F - _ � , JEFFERSON J. SHIPMAN, : =3 ::j�:� EXECUTOR OF THE ESTATE : NO: 2013-01088 !--' � �� r� � i""�'1 OF JAYNE A. SHIPMAN : �,r, �;, c:� � � -.-, PETITION BY PERSONAL REPRESENTATIVE FOR LEAVE TO PURCHASE IN ACCORDANCE WITH 20 PA. CONS. STAT. § 3356 AND NOW COMES Jefferson J. Shipman, as Executor of the Estate of Jayne A. Shipman(the "Estate"), by and through his counsel, Heather D. Royer, Esquire, of the law firm of Smigel, Anderson& Sacks, LLP, and makes the following averments and representations: I. PARTIES 1. On October 11, 2013, Petitioner, Jefferson J. Shipman ("Jefferson J. Shipman"), son of Decedent (as hereinafter defined), was granted Letters Testamentary, and was qualified and appointed by the Register of Wills of Cumberland County, Pennsylvania, as Executor of the Estate of Jayne A. Shipman, deceased ("Decedent"). Jefferson J. Shipman thereafter acted and is still acting as personal representative. A true and correct copy of the Grant of Letters Testamentary issued to Jefferson J. Shipman is attached hereto as Exhibit"1". 2. The persons interested in the Estate, and their respective addresses, are as follows: NAME ADDRESS Jefferson J. Shipman 4765 Brian Road Mechanicsburg, PA 17050 Lee T. Shipman 530 Criswell Drive Boiling Springs, PA 17007 Judson R. Shipman 922 Lewisberry Road Lewisberry, PA 17339 '� ' II. FACTUAL BACKGROUND 3. Lee T. Shipman and Judson R. Shipman are the sons the Decedent. Jefferson J. Shipman, Lee T. Shipman and Judson R. Shipman are the named beneficiaries of the Estate of the Decedent. Jefferson J. Shipman was named as the Executor of the Decedent's Last Will and Testament. A true and correct copy of the Decedent's Last Will and Testament is attached hereto as Exhibit"2". 4. Jefferson J. Shipman wishes to purchase the residence owned by Decedent known as 106 W. Main Street, Shiremanstown, Cumberland County, Pennsylvania(the "Property"). 5. To date, the assets of the Estate are those items listed on the attached Exhibit"3". 6. To date, the debts, funeral expenses, and costs of administration of the Estate are those items listed on the attached Exhibit"4". 7. To date, the Estate has made advance distributions to the beneficiaries as listed on the attached Exhibit"5". 8. By Agreement of Sale dated October 20, 2014, (the "Agreement of Sale"), by and between the Estate of Jayne A. Shipman and Jefferson J. Shipman, individually, the Estate agreed to sell, and Jefferson J. Shipman, individually, agreed to purchase, the Property, for the purchase price of Two Hundred Seventy-Eight Thousand ($278,000.00) Dollars. A true and correct copy of the executed Agreement of Sale is attached hereto as Exhibit"6". 9. No creditors or claimants of the Estate of the Decedent will remain unpaid if the proposed purchase price of the property is approved by this Court. 2 III. JURISDICTION 10. Petitioner seeks to invoke the jurisdiction of the Orphans' Court pursuant to the authority of the Probate, Estates and Fiduciaries Code (the "PEF Code") which provides that the Orphans' Court shall have mandatory jurisdiction over: a. Decedents' estates. The administration and distribution of the real and personal property of decedents' estates and the control of the decedent's burial.... 20 Pa.C.S.A §711. IV. THE POWER OF THE COURT 11. The PEF Code specifically authorizes the purchase of the assets of an estate by a personal representative, providing as follows: In addition to any right conferred by a governing instrument, if any, the personal representative, in his individual capacity, may bid for,purchase, take a mortgage on, lease, or take by exchange, real or personal property belonging to the estate, subject, however, to the approval of the court, and under such terms and conditions and after such reasonable notice to parties in interest as it shall direct. The court may make an order directing a co-fiduciary, if any, or the court's clerk to execute a deed or other appropriate instrument to the purchasing personal representative. 20 Pa.C.S.A. §3356. V. REQUESTED RELIEF 12. As described above, the purchase price far the Property sought to be purchased by Jefferson J. Shipman, individually, is based on an appraisal prepared by D. A. Potts Appraisal Service attached hereto as Exhibit"7" reciting a value of Two Hundred Seventy-Eight Thousand ($278,000.00) Dollars. 13. Jefferson J. Shipman, Lee T. Shipman and Judson R. Shipman have negotiated and agreed to the proposed purchase price of Two Hundred Seventy-Eight Thousand �($278,000.00) Dollars. The Consents of Lee T. Shipman and Judson R. Shipman to join in this Petition are attached hereto as Exhibits "8" and"9". 3 WHEREFORE, your Petitioner prays: 1. That your Honorable Court by its Order decree that Petitioner, Jefferson J. Shipman, may purchase, in his individual capacity, the residence situate and known as 106 W. Main Street, Shiremanstown, Cumberland County, Pennsylvania, pursuant to, and in accardance with the Agreement of Sale. 2. That your Honorable Court by its Order decree that the proceeds from the sale of the Property be distributed to the Estate of Jayne A. Shipman. 3. That your Honorable Court grant such general relief in the Property as it may deem necessary and appropriate Respectfully submitted, SMIGEL, ANDERSON & SACKS, LLP Date: Nc>J 12 , Zo� �- By: � Heather D. Royer, E ID #76327 Deborah E. Crum, Esquire ID #316061 4431 North Front St., 3`d Flr. Harrisburg, PA 17110-1778 (717) 234-2401 Attorneys for Petitioner 4 FtEGISTER OF WILLS ��t��IFi��TE �it= CUMBERLAND COUNTY GRANT OF LETTERS PENNSYLVANIA . ` '�,, ,,,�itt � PpT No. 2013- 0�088 PA No. 21- 13- 1088 Estate Of: JAYNEA SHIPMAN (Fi�st,Middle,Last1 La te Of: SHIREMANSTOtIVN BOROUGH CUMBERLAND COUNTY Deceased Social Security No: 184-32-3398 WHEREAS, on the Ilth day of October 2013 an instrument dated April 18th 2012 was admitted to probate as the last will of JA YNE A SHIPMAN (Fi�st,Middle,Last/ late of SH/REMANSTOWN BOROUGH, CUMBERLAND County, who died on the 30th day of September 2013 an WHEREAS, a true copy of the will as probated is annexed hereto. THEREFORE, I, GLENDA FARNER STRASBAUGH , Regi s ter of Wi 11 s in and for CUMBERLAND County, in the Commonwealth of Pennsylvania, hereby certify that I have this day granted Letters TESTAMENTARY to: JEFFERSON JA Y SHIPMAN who has duly qualified as EXECUTOR(R/X) and has agreed to administer the estate according to law, all of which fully appears of record in my offi ce a t CUMBERLAND COUNTY COURT HOUSE, CARLISLE, PENNSYL VANIA. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed the seal of my office on the 11th day of October 2013. ti /,, ' , �;i�� c�-��dt�h��;� ��' .�1� �r'��„`�%� �=-- Register or Wills � , , ! � '�' � ' ��'�7 •��.._.. Deputy . ��41�� i� **NOTE** ALL NAMES ABOVE APPEAR (FIRST, MIDDLE, LAST) i � � Last Will and Testament OF I JAYNE A. SHIPNLAN I; JAYNE A. SHIPMAN, of the Borouah of Sh?r�m�_r_gtrJ��,m� C„n;h�riwn�i r�,�:;��, Pennsylvania, being of sound and disposing mind, memory and understanding, do hereby make, publish and declare this as and for my Last Will and Testament, hereby revoking and making void any and all W�lls or Codicils at any time heretofore made by me. ARTICLE I DEBTS I �irect the payment of all my legal debts, and the expenses of my last iliness and funeral from my Estate as soon after my death as conveniently may be done. ARTICLE II TANGIBLE PERSONAL PROPERTY I give and bequeath my motor vehicle(s), household goods and personal effects and other tangibie �,ersonaity oi iike na�ure (not including cash or securitiesj, together with any existing � insurance thereon, unto those of my children who survive me, to b� divided among them with due regard for their personal preferences in as nearly equal shares as is practical. If there be disagreement as to the disposition of any item or items described in this Article �I; I direct tlia,t such �:::� item or items shall be disposed of as part of the residue of my Estate under Article;III: - � �.�' ��4 : _.-; , .., - . � .T . .. _ . . t...: '. �J ` ,. �`. : i.._: ;,, �::�, v� -� �xh.t�O�-�� Z '' , i ARTICLE III . REST, RESIDUE AND REMAINDER I give, devise and bequeath all the rest, residue, and remainder of my Estate, of whatsoever nature and wheresoever situate, in equal shares unto my children, JEFFERSON JAY SHIPMAN, LEE TODD SHIPMAN and JTJDSON ROSS SHIPMAN. Should any of my children predecease me, I give and bequeath such deceased child's share unto his then-living issue, per stirpes. ARTICLE IV DISTRIBUTION TO BENEFICIARIES UNDER THE AGE OF TWENTY-FIVE (25)/INCAPACiTATED BENEFICIARIES Whenever my Personal Representative is directed to distribute property to or for the benefit of any beneficiary who is under (a) twenty-five years of age, or (�) a legal disability or otherwise suffers from an illness or mental or physical disability that would make distribution directly to such beneficiary inappropriate (as determined in my Personal Representative's sole discretion exercised in good faith), my Personal Representative may distribute such property to the person who has custody of such beneficiary, may apply such properly for the benefit of such beneficiary, may distribute such property to a custodian for such beneficiary, v��hether then serving or selected and appointed by my Personal Representative (including my Personal Representative), under any applicable tJniform Transfers to Minors Act — or Uniform Gifts to Minors Act, or may distribute � such properiy directly to such beneficiary without liability on the part of my Personal Representative to see to the application of such property. This provision shall not in any way operate to -suspend such beneficiary's absolute ownership of such property or to prevent the absolute vesting thereof in such beneficiary. 2 ARTICLE V POWERS OF FIDUCIARIES My fiduciaries shall have the following powers in addition to those vested by law and by other provisions of my Will applicable to all property, whether principal or income, including property held for minors, exercisable without court approval and effective until actual distribution of all property: A. To make distribution in cash or in kind, or partly in cash and partly in kind, and in such manner as my fiduciaries deem appropriate. B. To retain any or all of the assets of my estate, real or personal, without restriction to investments authorized for Pennsylvania fiduciaries, as my fiduciaries deem proper, without regard to any principle of diversification or risk. C. To invest in all forms of property without restriction to investments authorized for Pennsylvania fiduciaries, as my fiduciaries deem proper, without regard to any principle of diversification or risk. D. To sell at public or private sale, to exchange, or to lease for any period of time any real or personal property and to give options for sales, exchanges or leases, for such prices and upon such terms or conditions as deemed proper. E. To allocate receipts and expenses to principal or income or partly to each as from time to time considered appropriate. 3 F. To compromise any claim or controversy. G. To make such elections, decisions, concessions and settlements in connection with all income, estate, inheritance, gift, generation skipping or other tax refunds and the payment of such taxes as my fiduciaries shall deem appropriate, without obligation to adjust the distributive share of any person thereby affected. ARTICL�VI TAXES I direct that all estate, inheritance, transfer and other taxes of similar nature payable by reason of my death, together with any interest or penalties therean, and imposed with respect to any property, whether or not disposed of by this Will, shall be paid out of the residue of my Estate. ARTICLE VII CUSTODIAN OF ESTATES If, at any time any individual under the age of twenty-five (25) shall be entitled to receive any assets by reason of my death other than those passing to such individual under the terms of this Will, whether payable by operation of law or by contract, I appoint my Personal Representative as Custodian under the Pennsylvania Uniform Transfers to Minors Act to hold such assets for the benefit of such individual to the age of twenty-five (25)years. 4 ARTICLE VIII APPOINTMENT OF PERSONAL REPRESENTATIVE I name, constitute and appoint my son, JEFFERSON JAY SHIPMAN, Executor of this my Last Will and Testament. Should my son, JEFFERSON JAY SHIPMAN, fail to qualify or cease to so act, I name, constitute and appoint my son, JIJDSON ROSS SHIPMAN, alternate IExecutor to complete the administration of my Estate. I direct that no fiduciary appointed herein shall be re�uired to post bond for the faithful administration of the duties required in any jurisdiction. I authorize my Executor or Successor to act as ancillary administrator of my Estate in any state without the necessity of posting bond or of selecting an ancillary administrator for such purposes. IN WITNESS WHEREOF, I have hereunto set my hand and seal to this, my Last Will and Testament, this�day of�/�� , 2012. ,�y.t,� �. ��,.�--- (SEAL) � JAYNE A. SHIPMAN � Signed, sealed, published and declared by the above-named Testatrix, as and for her Last Will and Testament, in the presence of us; who at her request; in her presence and in the presence of each other,have hereunto subscribed our names as witnesses. � N :487536 5 AFFIDAVIT AND ACKNOWLEDGMENT COIVIMONVVEALTH OF PENl\1SYLVANIA . : ss COUNTY OF CUMBERLAND , We, JAYNE A. SHIPMAN,UQ.1�OlVl . � � Ct,�1 ancl U�f�I �. �1/� �� the Testatrix and the witnesses, respectively, whose names are signed to the attached or foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the Testatrix signed and executed the instrument as her Last Will and that she had signed willingly and that she executed it as her free and voluntary act for the purposes therein expressed, and that each of the witnesses, in the presence and hearing of the Testatrix, signed the Will as witness and that to the best of his/her knowledge the Testatrix was at that time eighteen years of age or older, of sound mind and under no constraint or undue influence. .��-- , � A , E A. SHIPMAN � � �,; :�, ,� Witne Witness Subscribed, sworn to and acknowledged before me by JAYNE A. SHIPMAN, Testatrix, and ��a�,C�� F�'i�,/1 and � �� witnesses,this�_day of , 2012. !�J Notary u lic Gt`r;LS�Jl��;`u"+(�.A��€�i�±;=��iNSI°�d1AF�EA — �o=�;��:�af Dwna L.3�lissa�:�r,RRaYary Pc:blic Lerioysa�Baro,Gumbaeta,sE f cun�y P�+ty Commtss@on F�lte�.E�rv.1�,2�3'�3 Uember,Pmrtsjr;ylv�nsc;�1'��rr.;iat��r?^i Ptaiaries SCHEDULE A RECEIPTS OF PRINCIPAL Assets Listed in Inventory Fiduciary (Valued as of Date of Death) Acquisition Value Cash Alert Pharmacy-Refund of overpayment 46.07 Centric Bank Savings Account-No.2530689 229,334.14 Accrued interest on above item through date of death 9.42 Federated Tax-Free Obligation Fund 18,995.44 Highmark-Premium Refund 495.00 Milton S. Hershey Medical Center-Refund - 35.00 overpayment of inedical bill PNC Checking Account-No. 5112130136 50.00 Santander-Refund -Identity Protector Service 15.99 Santander Cash Brokerage Account-Acct. No. HD9 35.79 -224548 FDIC Insured Bank Deposit Dreyfus Ins Deposit Program C Santander Checking Account-No.0571109853 9,678.66 Accrued interest on above item through date of death 0.05 Santander Money Market Account-No.0574179593 11,846.44 Accrued interest on above item through date of death 0.71 United States Tresury-2013 Personal Income Tax 173.00 Refund Wells Fargo-Reversed Early W/D Penalty CD# 83.78 247402053883012 Wells Fargo CD-XXXXX3012 67.253.95 Accrued interest on above item through date of death 2.76 Wells Fargo CD-XXXXXXX2265 84,881.97 Accrued interest on above item through date of death 0.58 Wells Fargo Checking Account-XXXXXXX3501 0.62 Wells Fargo Savings Account-XXXXXX2004 11,474.45 Accrued interest on above item through date of death 0.04 Total Cash 434,413.86 P�rsonal Pro�V 2001 Volvo V70 Wagon-Value per Edmunds 3,476.00 Personal Property& Household Furnishings-Value 30,595.00 per appraisal Total Personal Property 34,071.00 6��` 3 , � SCHEDULE A RECEIPTS OF PRINCIPAL Continued Fiduciary Acquisition Value Sto ks/ i _d Mass Mutual Agency Account-Total value of 691,661.16 securities as of 09/30/2013 Total Stocks/Listed 691,661.16 Bond� Series E Bonds 6,150.00 Accrued interest on above item through date of death 32,533.44 Series EE Bonds 47,800.00 Accrued interest on above item through date of death 105,252.08 Total Bonds 191,735.52 Il�nrtnaaes/Notes Receivable -o v $20000 Shiremanstown United Methodist Church 20,000.00 Note $25000 Shiremanstown United Methodist Church 25,000.00 Note Total Mortgage/Note Receivable 45,000.00 R _al state 106 W. Main Street,Shiremanstown, PA 17011 -Value 278,000.00 per appraisal Total Real Estate 278,000.00 Total Receipts �,s�a,881.54 �bS quent Princinal Recei� 12/31/2013 Mass Mutual Agency Account 0•28 Total Subsequent Principal Receipts 0.28 Total Adjustments and Subsequent Receipts 0�28 Total Receipts of Principal �,s�a,ss�.82 SCHEDULE C DISBURSEMENTS OF PRINCIPAL Debts of Decedent 01/15/2014 United States Treasury-2013 estimated quarterly 36,000.00 payment 02/24/2014 Messiah Lifeways-Transport 381.94 09/30/2014 Pennsylvania Department of Revenue-2013 Personal 359.00 Income Tax Due Total Debts of Decedent 36,740.94 Funerai Ex ep nses 01/30/2014 Judson Shipman-Reimburse Funeral Luncheon- 456.55 Country Cupboard 09/16/2014 Touchstone Memorials-Gravemarker-1/2 deposit 843.00 Total Funeral Expenses 1,299.55 Administration Ex ea nses 10/01/2013 Comcast -Cable bili 171.55 10/04/2013 Pennsylvania American Water-Water bill 31.75 10/15/2013 Wells Fargo CD-XXXXX3012-Penalty fee 83.78 10/22/2013 UGI -Gas bill 41.18 10/29/2013 PP&L-Electric Bill 43.51 11/01/2013 Comcast -Cable Bill 171.58 11/04/2013 Pennsylvania American Water-Water bill 32.01 11/27/2013 D.A. Potts Appraisal Service-Appraisal -residence 375.00 12/20/2013 Cumberland Law Journal-Legal advertisement 75.00 12/20/2013 Pennsylvania American Water-Water bill 98.48 12/20/2013 PP&L-Electric bill 206.16 12/20/2013 The Sentinel -Legal Advertisement 147.06 12/20/2013 UGI -Gas Bill 161.40 12/20/2013 Zeplin Security Group, Inc. -Tech support invoice 25.00 12/23/2013 Santander-Date of Death Balance Fee 20.00 12/31/2013 Mass Mutual Agency Account-Fiduciary Fees 1,342.40 �h��o(�- `` �(-'f SCHEDULE C DISBURSEMENTS OF PRINCIPAL Continued 01/10/2014 Mass Mutual Agency Account-Fiduciary Fees 456.44 01/24/2014 Jefferson Shipman-Reimburse 1/2 out of pocket 4,927.22 expenses paid from Mid Penn ITF account 01/24/2014 Lee Shipman-Reimburse 1/2 out of pocket expenses 4,927.23 paid from Mid Penn ITF account 01/24/2014 Lower Allen Township-Sewer bill 70.00 01/24/2014 Pennsylvania American Water-Water bill 36.26 01/24/2014 PP&L-Electric bill 81.90 01/24/2014 UGI -Gas Bill 230.38 02/24/2014 Advanced Disposal -Trash bill 42.21 02/24/2014 Pennsylvania American Water-Water bill 33.53 02/24/2014 PP&L-Electric bill 66.54 02/24/2014 UGI -Gas Bill 227.53 03/20/2014 Pennsylvania American Water-Water bill 32.51 03/20/2014 PP&L-Electric bill 92.99 03/20/2014 UGI -Gas Bill 225.14 04/08/2014 Advanced Disposal-Trash bill 42.31 04/08/2014 Comcast -Final bill 644.80 04/08/2014 Lower Allen Township-Sewer bill 70.00 04/08/2014 UGI -Gas Bill 180.85 04/15/2014 Pennsylvania American Water-Water bill 46.81 04/15/2014 PP&L-Electric bill 106.66 06/10/2014 Judy C. Prowell -2014 Co/Twp Real Estate Taxes 1,325.26 06/10/2014 Pennsylvania American Water-Water bill 33.79 06/10/2014 PP&L-Electric bill 62.38 06/10/2014 UGI -Final Gas Bill 103.11 06/18/2014 PP&L-Electric bill 46.51 07/02/2014 PP&L-Electric Bill 19.55 09/08/2014 Beth A. Monighan,Tax Collector-2014-15 School 3,949.92 Taxes 09/08/2014 Cordier Auctions&Appraisals -Personal Property 2,137.50 Appraisal 10/20/2014 Bonnie Mehaffie-Title Search 35.00 Total Miscellaneous Administrative Exnenses 23,280.19 SCHEDULE C DISBURSEMENTS OF PRINCIPAL Continued Federai� State, and Local Taxes 12/27/2013 Register of Wilis,Agent-Prepayment of PA 100,000.00 Inheritance Tax 06/26/2014 Register of Wilis,Agent-Prepayment of PA 10,000.00 Inheritance Tax 10/20/2014 Register of Wills,Agent-Balance of PA Inheritance 238.92 Tax Due Total Taxes 110,238.92 Commissions 06/13/2014 Jefferson Shipman-Commission 40,000.00 Total Commissions 40,000.00 Fees 01/24/2014 MMSA-2013 RMD/Savings Bond advice 685.00 04/28/2014 MMSA-2013 Final Personal Income Tax Returns 1,025.00 04/30/2014 Smigel,Anderson&Sacks, LLP-Legal Fees 18,602.50 09/16/2014 Smigel,Anderson&Sacks, LLP-Legal Fees 6,397.50 Total Fees 26,710.00 TOTAL DISBURSEMENTS OF PRINCIPAL 238,269.60 SCHEDULE D DISTRIBUTIONS OF PRINCIPAL Jefferson Jay Shipman 10/17/2013 Advance Distribution 20,000.00 11/08/2013 Advance Distribution 74,090�, __._-- --,.. 11/08/2013 Advance Distribution 1;000:00 `�� 01/24/2014 Advance Distribution 20 '66�� 07/01/2014 Advance Distribution 70,000.00 10/20/2014 2001 Volvo V70 Wagon-Distribution in kind 3,476.00 10/20/2014 Personal Property&Household Furnishings - 25,455.00 Distribution in kind 393,931.00 Judson Ross Shipman 10/17/2013 Advance Distribution 20,000.00 11/OS/2013 Advance Distribution 75,000.00 01/24/2014 Advance Distribution 200,000.00 07/02/2014 Advance Distribution 70,000.00 10/20/2014 Personal Property&Household Furnishings- 2,950.00 Distribution in kind 367,950.00 Lee Todd Shi}�man 10/17/2013 Advance Distribution 20,000.00 11/08/2013 Advance Distribution 75,000.00 01/24/2014 Advance Distribution 200,000.00 07/02/2014 Advance Distribution 70,000.00 10/20/2014 Personal Property 8�Household Furnishings- 2,190.00 Distribution in kind 367,190.00 TOTAL DISTRIBUTIONS TO BENEFICIARIES 1,129,071.00 �C�flt`(71��'�i AGREEMENT FOR THE SALE AND PURCHASE OF REAL ESTATE THIS AGREEMENT(the "Agreement") is made as of this 20�' day of October, 2014 by and between JEFFERSON JAY SHIPMAN,Executor of the ESTATE OF JAYNE A. SHIPMAN, (the "Seller") and JEFFERSON JAY SHIPMAN,individually, of 106 W. Main Street, Shiremanstown, Pennsylvania 17011, as (the "Buyer"). 1. Pro er . Seller hereby agrees to sell and convey to Buyer,who hereby agrees to purchase ALL THAT CERTAIN lot or piece of ground with buildings and improvements thereon erected, if any,known as 106 West Main Street, Shiremanstown,PA 17011 (hereinafter referred to as the "Property"). 2. Purchase Price. The purchase price which Buyer agrees to pay to Seller and which Seller agrees to accept for the Property is the sum of Two Hundred Seventy-Eight Thousand Dollars ($278,000.00),payable as follows: (a) A credit at the time of settlement in the amount of Ninety-Two Thousand Six Hundred Sixty-Six Dollars and 67/100 ($92,666.67), which represents Buyer's 1/3 beneficial interest in the property pursuant to the Last Will and Testament of Seller(the"Deposit"); and (b) The balance of the purchase price in the amount of One Hundred Eighty- Five Thousand Three Hundred Thirty-Three Dollars and 33/100 ($185,33333) shall be paid in full at settlement. 3. Prorations. The following shall be apportioned pro-rata as of and at the time of Settlement: taxes as levied and assessed,water and/or sewer rents,if any,together with any other lienable municipal services. �ti�tb��-'`(��t 4. Real Estate Transfer Taxes. This sale is exempt from the imposition of realty transfer taYes because it is for sale from mother's estate to son. 5. Settlement. Settlement shall take place within thirly (30) days of Seller receiving Court approval of the transaction contemplated by this Agreement(the"Settlement"). 6. Status of Sewer. Seller represents that the property is served by private water and public sewage. 7. Notices and Assessments. A. Seller represents, as of the acceptance date of this Agreement, that no public improvement assessments have been made against the Properiy which remain unpaid and that no notice by any government or public authority has been served upon the Seller or anyone on the Seller's behalf, including notices relating to violations of zoning, building, safety, or fire ordinances which remain uncorrected unless otherwise specified herein. B. Any notice of improvements or assessments received on or before the date of Settlement shall be the responsibility of the Seller; any notices received thereafter shall be the responsibility of the Buyer. C. If required by law, Seller shall deliver to Buyer, on or before settlement, a certification from the appropriate municipal department or departments disclosing notice of any uncorrected violation of zoning, building, safety, or fire ordinances. 8. Representations. Buyer has inspected the Property and agrees to purchase the Property as a result of such inspection. Except as specifically provided in this Agreement, Purchaser has agreed to purchase the Property in its present"as is" condition. 9. Broker's and Finder's Fees. Purchaser and Seller represent that all negotiations relative to this Agreement have been carried on by them directly without the intervention of any 2 person which may be entitled to any brokerage fee or other commission with respect to this Agreement, and the parties agree to indemnify and hold each other harmless for any commission which may be due and payable. 10. Fixtures. Except as set forth herein, all existing plumbing,heating, air-conditioning and lighting fixtures and systems appurtenant thereto and forming a part thereof, and other permanent fixtures together with wall-to-wall carpeting, screens, couplings for automatic washers and dryers, etc.,kitchen cabinets, all trees, shrubbery,plantings now in or on the property and sheds, if any,unless specifically excepted in this Agreement are included in the sale and purchase price. 11. Title and Costs. (a) The Property is to be conveyed in fee simple by special warranty deed, free and clear of all liens, encumbrances and easements, EXCEPTING, HOWEVER,the following: existing building restrictions, easements of roads,privileges or rights of public service companies, if any, or easements or restrictions visible upon the ground; otherwise the title to the above described real estate shall be good and marketable or such as will be insured by a reputable title insurance company at the regular rates. (b) The Buyer will pay for the following: (i) The premium for title insurance, mechanics lien insurance and/or title search, or fee for cancellation of same, if any; (ii) The premium for flood insurance and/or fire insurance with extended coverage, insurance binder charges or cancellation fee, if any; (iii) Buyer's normal settlement costs and accruals unless otherwise stated herein. (c) In the event the Seller is unable to give a good and marketable title which will be insured by a reputable title company subject to aforesaid, Buyer shall have the option of taking such 3 title as the Seller can give without abatement of price or of being repaid all monies paid by the Buyer to the Seller on account of the purchase price, and in the latter event there shall be no further liability or objection on either of the parties hereto and this Agreement shall become null and void. 12. Possession and Tender. A. Possession is to be delivered by deed, keys and physical possession at Settlement. B. Formal tender of an executed deed and purchase money is hereby waived. C. Buyer reserves the right to make a presettlement inspection of the Property, and will execute appropriate documentation of such inspection. 13. Risk of Loss. A. Seller shall maintain the Property and any personal property specifically scheduled herein in its present condition. B. Seller shall bear risk of loss from fire or other casualty until time of Settlement. In the event of damage to the Property by fire or other casualty, Buyer shall have the option of rescinding this Agreement and being repaid the Deposit or of accepting the Property in its then condition along with the proceeds of any insurance recovery obtainable by Seller. Buyer is hereby notified that they may insure their equitable interest in the Property as of the time of the acceptance of this Agreement. 14. Recording. This Agreement shall not be recorded in the Office of the Recorder of Deeds or in any other office or place of public record, and if Buyer shall record this Agreement or cause or permit the same to be recorded, Seller may, at their option, elect to treat such act as a breach of this Agreement. 4 15. Assignment. This Agreement shall be binding upon the respective heirs, executors, administrators, successors and,to the extent assignable, on the assigns of the parties hereto,it being expressly understood, however,that the Buyer shall not transfer or assign this Agreement. 16. Descriptive Headin�s. The descriptive headings used herein are for convenience only and they are not intended to indicate all of the matter in the sections which follow them. Accordingly,they shall have no effect whatsoever in determining the rights or obligations of the parties. 17. Entire Agreement. THIS AGREEMENT CONTAINS THE ENTIRE AGREEMENT BETWEEN THE SELLER AND BUYER. THERE ARE NO OTHER TERMS, OBLIGATIONS, COVENANTS,REPRESENTATIONS, STATEMENTS OR CONDITIONS, OR.AL OR OTHERWISE, OR OF ANY KIND WHATSOEVER CONCERNING THIS SALE, EXCEPT AS ATTACHED TO THIS CONTRACT. 5 IN WITNESS WHEREOF,the parties hereto, intending to be legally bound hereby,have hereunder set their hands and seals the day and year first above written. WITNESS: SELLER: Estate of Jayne A. Shipman , .�,S�AL) Nam : e erson J y Shipman Title: Executor BUYER: r� �r�AL) Je er - J. Ship an, individu lly 6 File No.5454 SHIR � D.Q. P4TTS appraisctl service APPRAISAL OF � �,�. h�..u.� .. y "b r.sr"� �.;-t LOCATED AT: 106 W MAIN STREET SHIREMANSTOWN,PA 17011-6328 CLIENT: ESTATE OF JAYNE A SHIPMAN 106 W MAIN STREET SHIREMANSTOWN,PA 17011 AS OF: September 30,2013 BY: DAVID A.POTTS,PA CERT GENERAL RE APPRAISER 1.�, `�� `` �� File No.5454 SHIR � � D.A___POTTS �YPretisal serarice NOVEMBER 29,2013 ESTATE OF JAYNE A SHIPMAN 106 W MAIN STREET SHIREMANSTOWN,PA 17011 File Number. 5aea sHiR In accordance with your request, I have appraised the real property at: 106 W MAW STREET - SHIREMANSTOWN,PA 17011-6328 The purpose of this appraisal is to develop an opinion of the defined value of the subject properry,as improvetl. The property rights appraised are the fee simple interest in the site and improvements. In my opinion, the defined value of the property as of September30,2013 is: $z�s,000 Two Hundred Seventy-Eight Thousand Dollars The attached report contains the description, analysis and supportive data for the conclusions, final opinion of value, descriptive photographs, assignment conditions and appropriate certifications. RESPECTFULLY SUBMITTED, ��.,,_,�,�,(� DAVID A.POTTS,PA CERT GENERAI RE APPRAISER Summary Residential Appraisal Report F��e No 5aea sHiR The purpose of this appraisal report is to provide the client with a cretlible opinion of ihe defined value of the subject properry,given the intended use of lhe appraisal. Client Namelintended User ESTATE OF JAYNE A SHIPMAN E-mail�shi man sasll .com � ClientAddress 106 W MAIN STREET Cit SHIREMANSTOWN State PA Zi 17011 ; Additional Intended User s JEFF SHIPMAN • Intended Use ESTIMATE OF MARKET VALUE FOR ESTATE PURPOSES.JAYNE SHIPMAN'S DATE OF OF DEATH IS SEPTEMBER 30,2013. PROPERTY WAS VIEWED BY APPRAISER NOVEMBER 19,2093. Pro ert Address 106 W MAIN STREET Ci SHIREMANSTOWN State PA Zi '170�1-6328 Owner of Public Record SHIPMAN,F.LEE AND JAYNE A Count CUMBERLAND Le aI Descri tion DEED BOOK 00210,PAGE 00957,SHIREMANSTOWN BORO �� Assessors Parcel8 37230557192 Tax Year 20�3 RE Taxes$5,090.55 Nei hborhood Name SHIREMANSTOWN Ma Reference ADC 3117 SG Census Tract 0112.00 Pro ert Ri htsA raised X FeeSim le Leasehold Other describe M research did X did not reveal an rior sales or transfers of the sub�ect m ert for the three ears rior to the effective date of this a raisal. Prior Sale(Transfer: Dare Price Source s COUNTY RECORD,REDS Analysis of prior sale or transfer history ot the subject property(and comparable sales,if applicable) Offerings,options and conVacts as of the effec6ve date of the appraisal N/A -�`^�z.m - ,q,a+f�� F��u'��'�3._F.�"., .�k,�MARMkiWs,.�tr h 3�u ,�i7ae-�hilKHou31^SI t i;.I+ra"sMrtl.aiiCllnp.9fr.?.=„ ,i ,. , ... .:..��. :..... .�.: . . . , .. . .,:,_ , . . . Location Urban X Suburban ❑Rural Pro ert Values ❑Increasin X�Stable ❑Declinin PRICE AGE One�Unit 90%� Built-U �X Over75% 25-75% Under25% Demandf5u I ❑Shorta e X InBalance�OverSu I $(000 rs 2-4Unit 5% Growth Ra id X�Stable ❑Slow Marketin Time ❑Under 3 mths �X 3-6 mths ❑Over 6 mths 150 Low 40 Multi-Famil % � Neighborhood Boundaries WEST AVENUE TO THE WEST,ST.JOHNS CHURCH ROAD TO THE EAST, 325 Hi h 113 Commercial 5% • LOWER ALLEN TOWNSHIP TO THE SOUTH AND MAIN STREET TO THE NORTH. 240 Pred. 75 Other % � Neighborhood Descrip6on THE BORO OF SHIREMANSTOWN IS A RESIDENTIAL COMMUNITY EAST OF MECHANICSBURG.A DOWNTOWN " COMMERCIAL AREA EXISTS ALONG MAIN STREET WHICH ARE PREDOMINANTLY OFFICES AND SOME COMMERCIAL BUSINESSES.CAPITAL CITY MALL WITHIN 2 MILES.CIOSE PROXIMITY TO NAVICP AND HAMPDEN INDUSTRIAL PARK.AREA IS SERVED BY RTES 581,US 11/15 AND THE PA TPKE. CHILDREN ATTEND MECHANICSBURG SCHOOL SYSTEM.MAIN STREET IS BUSY DURING RUSH HOUR TIMES. Market Conditions(including suppon for the above condusions) THE AREA REAL ESTATE MARKET IS CONSIDERED TO BE ACTIVE WITH TYPICAL MARKETING TIME OF 90-180 DAYS.LOAN DISCOUNTS,INTEREST BUY DOWNS AND OTHER FINANCING CONCESSIONS ARE MODERATE. INTEREST RATES ARE REGARDED AS FAVORABLE. Dimensions 108X175X108X175 Area.43 AC Sha e RECTANGULAR View AVERAGE S ecific Zonin Classification RST Zonin Descri tion SINGLE FAMILY RESIDENTIAL TOWNE Zonin Com liance X❑Le al Le al Nonconformin (Grandfathered Use) ❑No Zonin ❑Ille ai(describe) Is the highest and best use of the subject property as improved(or as proposed per plans and specifications)the present use? �X Ves ❑No If No.tlescribe. Utili[ies Public O[her(describe) Public Other(describe) Off-sitelm rovements—T e Public Private Elecvici �X ❑ Water ❑X ❑ Street MACADAM X� ❑ Gas X� ❑ Sanita Sewer D D Atle MACADAM X Site Comments LOT IS LEVEL.DETACHED GARAGE ACCESSED THROUGH REAR ALLEY.HOME IS NOT IN THE FLOOD HAZARD AREA. RESIDENTIAL USE IS TYPICAL USE FOR NEIGHBORHOOD. ... .. . ��. : . �_ y:�� ,,,- k'��,96 g"�".,.. r� .. , . ,�,.�,{ : x .,,»� .., j,rr,. �..;.. .. :, ., , �� ft(ff�'t1 4 ff�'JON maier�als�. ;s�t�i'�{tli7R % �,.[,-<matetia�s :, .,: Units X One Onew/Acc.unit Concrete Slab Crawl S ace � Foundation Walls STONE/AV Floors HW,CPT/AB AV k of Stories 2.5 X Full Basement ❑Panial Basemen[ Exterior Wails WD FRAMElAV Walls PLAST,PAN/AVER T e X Det. AIL S-Det.lEnd Unit Basement Area �025 s ,h. Roof Surface ASPHALT/AB AV Trim/Finish WOOD/AVERAGE �Existin Pro osed ❑UnderConst. Basement finish 0% Gutters&Downs outs ALUM/AV Bath Floor CERAMIC/GOOD Desi n St le TRADITIONAL X OutsideEnt /Exit Sum Pum WindowT e DBLHUNG/AV BathWainswt CERAMIC/GOOD Year Built 1935 Storm Sash/Insulated COMBOS/AV Car Srora e None Effective A e Yrs 10 Screens YES/AVER X Drivewa 8 of Cars 2 Attic X None Heatin PWA HW X Radiant Amenities WoodStove s# Drivewa Surface CONCRETE Dro Stair Stairs Other Fuel GAS X Fire lace(s#1 X Fence X Gara e 8 of Cars 2 ❑Floor ❑Scuttle Coolin ❑Central Air Conditionin X�Patio/Deck 1 X❑Porch 1 ❑Car on #of Cars Finished Heated Individual X OtherNONE Pool Other Att X DeL Built-in A liances Refri eraror X Ran e/Oven X Dishwasher Dis osal X Microwave WasheriD er Other describe � Finished area above rade contains: 8 Rooms 3 Bedrooms 2.1 Ba[h s) 2,970 S uare Feet of Gross Livin Area Above Grade � Additional Features ATTIC FINISHED INTO 2 BEDROOMS AND LANDING,WALLS ARE PANELED AND AREA IS HEATED WITH BASEBOARD ELECTRIC UNITS PER JEFF SHIPMAN.APPRAISER WAS NOT ABLE TO VIEW THIS AREA.FIREPLACE IN�IVING ROOM.REAR PORCH.CT BACKSPLASH.DESK IN KITCHEN.WALL OVEN WITH STOVE TOP.SECURITY SYSTEM.BUILT-INS IN FAMILY ROOM.FENCE.BRICK PATIO. Comments onthe Improvements DUE TO MAINTENANCE AND UPGRADES,THE SUBJECT PROPERTY EFFECTIVE AGE DIFFERS BY MORE THAN 25% OF THE ACTUAL AGE. HOME WAS BUILT PRIOR TO 1978 AND MAY HAVE LEAD PAINT,A KNOWN HAZARD.POSSIBLE ASBESTOS WRAPPED PIPES IN BASEMENT.SUGGEST INSPECTION BY PROFESSIONAL.HOME WAS UNOCCUPIED AT TIME OF INSPECTION. UTILITIES WERE ON AND APPEAR TO BE IN PROPER WORKING ORDER.HOME IS IN ABOVE AVERAGE CONDITION AND HAS BEEN WELL MAINTAINED.KITCHEN UPDATED 2010.GAS INSERT IN FIREPLACE.CROWN MOLDING FIRST FLOOR. Protlucetl uvig ACI soM1ware.800.234.872J wxw.aciwab.cqn Thls Iwm CapyrigM�20052010 HCI OiNsim d ISO Cleims Sernces.Inc.,NI RigAts ReserveE. Page i of 4 (gPAR"")General Purpose Appr' I Repa;512�10 GPARSUM_10052fi2010 � Feneratpu�r xF�FirnicalrePcrc Summary Residential Appraisal Report File No 5454 SHIR FEATURE SUBJECT COMPARABLESALEN0.1 COMPARABLESALEN0.2 COMPARABLESALEN0.3 106 W MAIN STREET 230 EAST MAIN STREET 720 SOUTH MARKET STREET 505 SOUTH MARKET STREET � Address SHIREMANSTOWN,PA MECHANICSBURG,PA 17055 MECHANICSBURG,PA 17055 MECHANICSBURG,PA 17055 � Proximi[ to Sub'ect �.;-��2,45 miles WSW 2.71 miles WSW 2.67 miles WSW Sale Price $ MARKET VALUE � �'�S 315,000 .;�$ 262 500 '�$ 325,700 Sale PncelGross Liv.Area $ 0.00 s.ft. $ 106.45 s ft '� (:��. .� ��: '�.$ 103.96 s.ft.i� �� ' ` $� 82,37 s.ft � ' Data Source s i �'�[ CPMLS CPMLS CPMLS Verifcation Source(s , .;7 '-��I::REDS,COUNTY RECORDS REDS,COUNTY RECORDS REDS,COUNTY RECORDS VALUEADJt1STMENTS DESCRIPTION DESCRIPTION .�-�sna�s�mem DESCRIPTION ,�-�snd�:imom �DESCRIPTION 1 �(-)1 Atljus[mem SaleorFinancing �a;`�CONV. �CONV. CONV. Concessions �'W,.:�";..u. `^:�` NONE BUYER COST PD -8,500 NONE Date of Sale/Time �",-i�08/02/2013 04/02/2013 12/28/2012 Location SUBURBAN SUBURBAN SUBURBAN SUBURBAN Leasehold/FeeSim le fEE SIMPLE FEE SIMPLE FEE SIMPLE FEE SIMPLE Site .43 AC .16 AC 4,000 26 AC 3,000 .28 AC 3,000 View AVERAGE AVERAGE AVERAGE AVERAGE � Desi n St le TRADITIONAL 2 STORY 2 STORY 2 STORY • Qualit of Construction ABOVE AVERAGE ABOVE AVERAGE ABOVE AVERAGE ABOVE AVERAGE • Actual A e 78 YEARS 117 YEARS 4,000 93 YEARS 93 YEARS ' Condition ABOVE AVERAGE ABOVE AVERAGE ABOVE AVERAGE ABOVE AVERAGE • Above Grade Total BOrms. Baths Total Btlrms. Baihs To�a! Bd�ms. BaNs Toial Btlrms. Baths . Room Count 8 3 2.1 9 4 2.1 8 4 2 5,000 8 3 3.1 -10,000 • GrossLvin Area 2,970 s.ft. 2,959 s.ft. 165 2,525 s.ft. 6,675 3,954 s.h. -14,760 . Basement&Finished FULL FULL FULL FULL Rooms Below Grade UNFINISHED UNFINISHED UNFINISHED FARM,REC,.5 BA -10,000 Functional Utilit ABOVE AVERAGE ABOVE AVERAGE ABOVE AVERAGE ABOVE AVER.4GE Heatin/Coolin GRAD/NONE GR,4D/NONE GRAD/CA -5,000 ORP,D/CA -5,000 Ener Effcient Items NONE KNOWN NONE KNOWN NONE KNOWN NONE KNOWN Gara elCar on 2 CAR DET 2 CAR DET 2 CAR DET 3 CAR DET -6,000 Porch/Patio/Deck FP,PR,PT,FRAME PR,PT,DK,BRICK -3,000 FP,DK,FRAME 2,000 PRS,PT,ELEv,BRICK -5,000 NetAd'ustment Total �-`� a,.,a �� X�+ - $ 5,165 X + $ 3,175 ❑+ X - $ 47,760 Adjusted Sale Price ,4� "` � i;NetAdj. 1.6% Net Adj, 1 2% NetAdj. -14.7% oiCom arables � m�� y .2 GmssAd'. 3.5% S 320165 GrossAd�, 11.5% $ 265675 GmssAd�. 16.5h S 277940 Summa of Sales Com arison A roach AN EXTENSIVE SEARCH WAS MADE FOR RECENT SALES OF SIMILAR PROPERTIES TO THE SUBJECT. COMPAR,4BLES USED WERE OBTAINED FROM MECHANICSBURG BORO,AND ALL ARE LOCATED BETWEEN 2.45 AND 2.71 MILES FROM THE SUBJECT.COMPAR46LE 1 IS A VICTORIAN 2 STORY OF BRICK CONSTRUCTION AND BUILT PRIOR TO 1900.COMPAR,4BLE 2 IS A FRAME HOME SLIGHTLY OLDER THAN THE SUBJ�ECT.IT IS SMALLER AND SOLD MORE THAN 6 MONTHS AGO.COMPARABLE 3 IS A 2 STORY BRICK HOME BUILT IN 1920 AND SOLD 11 MONTHS AGO.THESE APPEAR TO BE THE BEST COMPARABLES AVAILABLE AND ARE ADEQUATE TO DEVELOP THIS REPORT.COMPARABLES AND SUBJECT ARE WITHIN THE MECHANICSBURG SCHOOL DISTRICT.ADJUSTMENTS WERE MADE FOR BUYERS COSTS PAID,LOT SIZE,AGE,HOME SIZE AND FEATURES. CC7S!`t�PFNZO&GFI'�Qt/AWE. �''�� "''' ,,z,_t...'.e . • ., . .. , . .. .�...�. � ,_ .. :,. .-�� - s, . . . . . Site Value Comments � � � �� ESTIMATED ❑REPRODUCTIONOR REPLACEMENTCOSTNEW OPINIONOFSITEVALUE.............._.............,........,._$ Source of cost data Dwellin S.Ft.@$ .....,.._.._$ 0 . Qualit ratin from wst service Effective date of cost data � g,F�,@$ .,...,, =q � . Comments on CostA roach ross livin area calculations,de reciation,etc. ' Gara elCar ort S.Ft.@$ ,..........._$ 0 TotalEstimateo(Cost-New ,,,,,...,.,.-$ p Less Ph sical Functional External De reciation =g p � De reciated Cost of Im rovements................................_$ p "As-is"VaWe of Si[e Im rovements................................_$ INDICATED VALUE BY COST APPROACH...................... _$ p a, ....._w .s� -. . . .x05FRLil�,'r:`.; � .t' v A t i,�'�n z�'s 3" ,:�,.�..�»��' ,_�.'��. n ,,:a ,r J"?. t:?<� �;;r�� , .a F ,4.a�.- �.,.�„ �� ` . � Estimated Monthl Market Rent$ X Gross Reni Multi lier =$� Indicated Value b Income A roach Summary of Income Approach(including suppon for market rent and GRM) Methodsandtechni uesem lo etl: X SalesCom arisonA roach CostA roach IncomeA roach Other: Diswssion ot methods and techniques employed,including reason for excluding an approach to value: THE SALES COMPARISON APPROACH WITH A WEIGHTED ANALYSIS IS THE MOST RELIABLE INDICATOR OF VALUE.THE COST APPROACH IS LESS RELIABLE FOR AN OLDER PROPERTY.THE INCOME APPROACH LACKS ADEQUATE NUMBER OF RENTAL SALES TO BE APPLICABLE. � Reconciliation comments: THE SALES COMPARISON APPROACH WITH A WEIGHTED ANALYSIS IS THE MOST RELIABLE INDICATOR OF VALUE THE ' COST APPROACH IS LESS RELIABLE FOR AN OLDER PROPERTY.THE INCOME APPROACH LACKS ADEQUATE NUMBER OF RENTAL SALES TO BE APPLICABLE. • Based on Ihe scope of work,assumptions,limiting conditions and appreiser's certification,my(our)opinion of the defi�ed value of[he real property that is thesubjeaofthisreportasof 09/30/2013 ,whichistheeffectivedateofthisappraisal,is: ❑X Single point$ 278,000 ❑Range$ to$ O Greaterthan ❑Lessthan $ This appraisal is made XO "as is," ❑ subject to completion per plans and specifications on the basis of a hypothetical condition that the improvements have been completed, ❑subjeci to Ihe following repairs or alterations on the 6asis of a hypothetical condi[ion that Ihe repairs or alterations have been completed ❑ subjecc ro the foiiowing: NONE � ProOucetl uvng ALI sMware,B00134.8IP)www.anweb.can ihis form Capyrigm d 2005-2010 AGI Division of 150 Claims Sernces,Inc.,HII Rlghls Reservao. Page 2 of 4 (gPAR"")General Purpose Appreisal Repan 5I2010 GPARSUM 100526NI10 � ��sw�r�dca-�sa�rePon D.A.Potts Appraisal Service Summary Residential Appraisal Report File No 5454 SHIR Scope of Work,Assumptions and Limiting Conditions Scope of work is defined in the Uniform Standards of Professional Appraisal Practice as"the type antl extent of research and analyses in an assignment."Inshort,scopeofworkissfmplywha[theappraiserdidanddidnotdotluringthecourseoftheassignmenC Itincludes,butisno[ limitedto:theextenttowhichthepropertyisitlentifiedantlinspected,thetypeandextentofdataresearched,thetypeandextentofanalysesapplietl to arrive at opinions or conclusions. The scope of this appraisal and ensuing discussion in th is report are specific to the needs of the cl ient,other identified intended users and to the intended use of the report.This report was prepared for the sole and exclusive use of the client and other identified intended users for the identified in[ended use and its use by any other parties is prohibited.The appraiser is not responsible for unauihorized use of[he report. The appraiser's certification appearing in this appraisal report is subject to the fol lowi ng conditions and to such other specific conditions as are set forth by the appraiser in the report.All extraortlinary assumptions and hypothetical conditions are stated in the report and might have affected[he assignment results. 1.The appraiser assumes no responsibiliry for matters of a legal nature affecting the property appraised or title thereto,nor does the appraiser render any opinion as ro the title,which is assumed ro be good and marketable.The property is appraised as though under responsible ownership, 2.Any sketch in this report may show approximate dimensions and is included onty to assist the reader in visualizing the property.The appraiser has made no survey of the property. 3.The appraiser is not required to give testimony or appear in court because of having made the appraisal with reference to the propeny in question,unless arrangements have been previously made thereta . 4. Neither all,nor any part of the content of this report,copy or other media thereof(inciuding conclusions as to the property value,the identiry of the appraiser,professional designations, or the firm with which Ihe appraiser is connected),shall be used ior any purposes by anyone but the client and other intended users as iden[ifed in this repon,nor shall i[be conveyetl by anyone to the public through advertising,public relations,news,sales,or other media,without the written consent of the appraiser. 5.The appraiser will not disclose the contents of this appraisal report unless required by applicable law or as specified in the Uniform Standards of Protessional Appraisal Practice, 6. Information,estima[es,and opinions furnished to the appraiser,and mntained in the report,were obtained from sources ronsidered reliable and believed to be true and correct. However,no responsibiliry for accuracy of such items furnished to the appraiser is assumed by the appraiser. 7.The appraiser assumes that Ihere are no hidden or unapparent conditions of the property,subsoil,or strucNres,which would render it more or less valuable.The appraiser assumes no responsibiliry tor such contlitions,or for engineering or testing,which might 6e required to discover such factors.This appraisal is not an environmental assessment of the property and should not be consitlered as such. 8.The appraiser specializes in the valuation of reaI property and is not a home inspector,builtling contracror,strucmral engineer,or similar expert,untess othervvise noted,The appraiser did not conduct the intensive rype of field observauons of the kind intended ro seek and discover property defects.The viewing of the propeny and any improvements is for purposes of developing an opinion of the defned value of the propeny,given the intendetl use of this assignment.Statements regarding condition are based on surface observations oniy.The appraiser claims no special expertise regarding issues including,but not limired ro:foundation setUement,basement moismre problems,woo0 destroying(or other)insects,pest infestation, radon gas,lead based paint,mold or environmental issues.Unless otherwise indicated,mechanical systems were not ac[ivated or tested. � This appraisal report should not be usetl to disclose Ihe condition of the property as it relates ro the presencelabsence of defects.The client is invited and encouraged to employ qualified ezperts to inspect and address areas of concem.If negative conditions are discovered,the opinion of value may be affected. Un�ess otherwise noted,the appraiser assumes the components that constitute the subject property improvement(s)are fundamentally sound and i n working order. . Any viewing of the property by the appraiser was limited to readily observabie areas. Unless othervvise noted,attics and crawl space areas were not accessed.The appraiser did not move fumimre,Floor coverings or other items that may restrict the viewing of the propeny. 9.Appraisals invoiving hypothetical contlitions related to completion of new construction,repairs or al[eration are based on the assumption that such completion,altera[ion or repairs will be competently performed. 10. Unless the intended use of this appraisal specifcally indudes issues of property insurence coverage,this appraisal should not be used for such purposes. Reproduction or Repiacement wst figures used in the cost approach are for valuation purposes only,given the intended use of the assignment The Definition of Value used in this assignment is unlikely to be consistent with the definition of Insurable Value for propeny insurance coverage/use, 11.The ACI General Purpose Appraisal Report(GPART"")is not intended for use in transactions that require a Fannie Mae'1004/Freddie Mac 70 form, also known asthe Uniform Residential Appraisal Report(URAR). Additional Comments Related To Scope Of Work,Assumptions and Limiting Conditions THE CLARIFICATION OF INTENDED USE AND INTENDED USER: THE INTENDED USER OF THIS APPR,4ISAL REPORT IS THE.CLIENT.THE INTENDED USE IS TO EVALUATE THE PROPERTY THAT IS THE SUBJECT OF THIS APPR,4ISAL FOR IS TO DETERMINE MARKET VALUE,SUBJECT TO THE STATED SCOPE OF WORK,PURPOSE OF THE APPRAISAL,REPORTING REQUIREMENTS OF THIS APPRAISAL REPORT FORM,AND DEFINITION OF MARKET VALUE.NO ADDITIONAL INTENDED USERS ARE IDENTIFIED BY THE APPRAISER. THIS APPRAISAL REPORT HAS BEEN PERFORMED FOR THE CLIENT INDICATED IN THE PRECEDING,WITH WHOM PROFESSIONAL STANDARDS REQUIRE ME TO MAINTAIN A STRICT REQUIREMENT OF CONFIDENTIALITY. THIS APPRAISER IS NOT A HOME INSPECTOR AND THE APPRAISAL REPORT IS NOT A HOME INSPECTION.THE APPRAISER ONLY PERFORMED A VISUAL OBSERVATION OF THE ACCESSIBLE AREAS AND THE APPRAISAL CANNOT BE RELIED UPON TO DISCLOSE CONDITIONS AND/OR DEFECTS IN THE PROPERTY. PURPOSE THE PURPOSE OF THIS APPRAISAL IS TO ESTIMATE THE MARKET VALUE OF THE FEE SIMPLE INTEREST IN THE TITLE OF THE PROPERTY. THE VALUE IS OF THE DATE OF THE APPRAISAL,WHICH IS THE DAY THE PROPERTY WAS LAST VIEWED IN ITS ENTIRETY AND PHOTOGRAPHED. SIGNATURE THE ELECTRONIC SIGNATURE USED IN THIS REPORT IS PROTECTED BY THE APPRAISER. ONLY THE APPRAISER HAS COMPLETE CONTROL OF THIS SIGNATURE. The intended user of this appraisal report is the lender/Gient.No additional intended users are identifed by the appraiser.This report contains sufficient information to enable the client to understand the report.Any other party receiving a copy of this report for any reason is not an intended user,nor,does it result in an appraiser/client relationship.Use of this report by any other party(s)is not intended by the appraiser ProtluceE u5rg ALI sdlware,BW 234.BR7 ww�v.acivreb.can This lorm Copyright�20�5�2010 ACI Divisim ol I50 Claims Services.Inc.,All RghLs Resmed. Page 3 of 4 (GPAR`"')General PurpOse Appraisal Report 5/2010 ��a,�.��Fp,";J,-if'.`�cK GPARSUM 14052fi2010 Summary Residential Appraisai Report F�ie No sasa sHiR Appraiser's Certification The appraiser(s)certifies that,to the best of the appraiser's knowledge and belieF: 1.The s[a[emen[s of fact con[ained in this report are true and correct � 2 The reponed anatyses,opinions,and conclusions are limited onty by the reportetl assumptions and limiting conditions and are the zppraiser's personal,impartial,and unbiased professional analyses,opinions,and conclusions. 3. Uniess othenvise sta[ed,[he appraiser has no present or prospective interest in the propeny[hat is the subject of Ihis report and has no personal interest with respect to the parties involved. 4.The appraiser has no bias wi[h respect to[he property[haI is the subjec[of this report or to[he parties involved with this assignment. . 5.The appraiser's engagement in this assignment was not contingent upon developing or reporting predeterminetl resWts. 6.The appraiser's compensation for completing this assignment is not contingent upon the development or reporting of a predeterminetl value or direction in value that favors the cause of the clienL the amount of the value opinion,the attainment of a stipulated resWt,or the ocarrence of a subsequent event directly relatetl to the intended use of this appraisal. 7.The appraiser's analyses,opinions,and conclusions were developetl,and this report has been prepared,in conformity with the Uniform Standards of Professional Appraisal Practice. 8. Unless otherwise noted the appraiser has made a personal inspection of Ihe property that is the subject of this report. 9.Unless noted below,no one pmvidetl significant real property appraisal assistance to the appraiser signing Ihis certifcation.Signifcant real property appraisal assistance provided by�. �Additional Certifications � DefinitionofValue: X�MarketValue ❑OtheNalue: Source of Definition�.MODERN REAL ESTATE PRACTICE IN PENNSYLVANIA ADDRESS OF THE PROPERTY APPRAISED: 106 W MAIN STREET SHIREMANSTOWN,PA 17011-6328 EFfECTIVE DATE OF THE APPRAISAL:09/30/2013 APPRAISED VAW E OF THE SUBJECT PROPERTY$278,000 APPRAISER SUPERVISORV APPRAISER Signature: ��9 �ci_ i a� Signamre: Name: DAVID A.POTfS,PA CERT GENERAL RE APPRAISER Name: State Certification# GA000479L State Cenif cation ri or License# or License N or Other(describe): State N. State: S[a[e:PA Expiration Date of Cenification or License: Expiration Da[e of Certifica[ion or License�. D6/30l2015 Date of Signamre: Date of SignaNre and Report: 12/01/2013 Date of Property Viewing: Date of Proper[y Viewing: 11/1912013 Degree of property viewing: Degree of property viewing�. ❑Interior and Ex[erior ❑Exterior Only ❑Did not personally view X�Interior and Exrerior ❑Exterior Only �Did no[personalty view PiotluceEuvigAGlsohwa�e.800.239.8]I]vmw.aciweb.cam T�isfo�mCopyrig�ta20p5�2010ACI�ivivanNI50CIaimsServices.Inc.,NIR'ightsReservetl. PagC 4 014 (gPARTM)General Purpose Appraisal Report 5/2010 GPARSUM 1005262010 � se„��A,��,.c�<.daa.�:.;;,�eUw D.A.Potts Appraisal Service SUBJECTPROPERTY PHOTO ADDENOUM CII2f1C: ESTATE OF JAYNE A SHIPMAN FII2 NO.: 5454 SHIR PfOpOfYy AddfESS:106 W MAIN STREET Case No.: Cli : SHIREMANSTOWN StBCE: PA ZI :17011-6328 _._. ,.... . ,,.. . .,:.Ba;,A.'° .. FRONT VIEW OF ,� SUBJECTPROPERTY :, •,�',; '�'e"_"... ,':�SM,�„.� - ti REAR VIEW OF ✓"� SUBJECT PROPERTY � '�,}._,..,�. g , . , , �_��.��_. a l . . ��: ,, ' �� r STREET SCENE "t +; �:. �r"-` �� x..i.. I� 'I�'I ? a�.. �N �,,,_��. ..#, I - 5�i�'�,a .��y:+: li � � � 0.A. POTTS . y7., COMPARABLEPROPERTYPHOTO ADDENDUM CII2f1C ESTATE OF JAYNE A SHIPMAN FII2 NO,: 5454 SHIR Property Address�os w MAw sTrzEEr _Case No.. Clt 'SHIREMANSTOWN StBte'. PA Zi '.17011-6328 �"'..",`� �4� � �f �� ^ . �� COMPARABLE SALE#'I :.�; _.. 230 EAST MAIN STREET � ,.�M as: .�'„� MECHANICSBURG,PA 17055 � k„��* .�'.�E ��.i y .; z � � r �, .3» s S r,. y;��.,_`� e: � .�'�:,. .... w . ;... .r' : , �2 ,.::. :_�;, � g� . _.. `rt� � i,�'�.�,� , � "�a��..�� _� , COMPARABLESALE#2 d ?;,..1�:..,. �' �� 720 SOUTH MARKET STREET 'wi:r. � '' „ MECHANICSBURG,PA 17055 '�+,- � �"'.`^�w''""-,. �� :�+.. .�.:'r,��.�-.: COMPARABLE SALE#3 ,1�.r ''"°'` . a y�,,� 505 SOUTH MARKET STREET MECHANICSBURG,PA 17055 � � � �y�.A_ POTTS � �.,r„t.r,�;�;:;::; CI10flt ESTATE OF JAYNE A SHtPMAN F112 NO.: 5454 SHIR PfOp2RY Addf25S:�06 W MAIN STREET Case No.� CII :SHIREMANSTOWN $(2i2: PA ZI :17011-6328 KITCHEN �..=K,�,'�i^.:.. #�. : � ; J .. ry � 5 4:;"r F� �t 1 r a�$ �{ „ � y�'� '� '�'�,t �'...... t�w.. ""�h':n;�t", KITCHEN �� ,%w ,�� S �� =�a �; � . V � � � :� � i '.�.� .-.��{'. , LIVING ROOM �': _'.� .;s;�:.s.. .. YR:: .• .�i � ��D_A_ POTTS ProEuce�usirg ACI mttware,BOOI34 8727 w�w.aaweD.mm PHT305111013 CII@f1T: ESTATE OF JAYNE A SHIPMAN FIIE NO' S454 SHIR PfOp2f(y AddfeSS:106 W MAIN STREET Case No� CII :SHIREMANSTOWN $(8IB', PA ZI :170�1-6328 DINING ROOM �.1�� '', ��; V' j„�«}; � C FAMILY ROOM I i. - �' � �' r � e a a ..'�: �.�F� ��-�� r - ,�.. {�' xt, � a, „� :�, =t k �"� LAUNDRY �. �t�k (� >cz; rY� :�`�� ., 1( ��:i�� Y x� � �� Y.': Y� ��' � ,. r'�'i�t" ' � yk ,.�� l� �� : � '� � , . i�.. ..n. �<'�'„��, � � � „� D A. POTTS �.�, a�i� .; � �, ProUucep usiy ACI soflware.800.234.8]21 w�vw.auweb.rom PHT305i12013 CIIEfIT: ESTATE OF JAYNE A SHIPMAN FIIE NO' S454 SHIR PfOpBfty AdC1f2SS:106 W MAIN STREET Case No� CII : SHIREMANSTOWN $tatB: PA ZI :17011-6328 ��'�� STAIRCASE .�. �� '� � : g f�`a t� :� i�� ss�`�,2� r:�. '��"� Y"ria.;�k�'SF' , x� �:F'� '^ '�' " , i ��q i �,«. .i�' � ,w'"�..,4� # _ � �, ��,�.��,,. FOYER :u� i;;�h5 '�. a a �� z. d ,d��^.�-� ;�'� �pa P ��^:: x' q� ' � �;: X,�� ....R....._,::�. _,:,r�„ 1..� .tr; na: � BEDROOM ..ne.:,:;.,. � �, _......, :j: x. . P��.� � : � � � 6 A_ POTTS ProtluceE using ACI sofiware.800.234.8)2)w�rwa�wM.com PHi305112013 CI12f1C ESTATE OF JAYNE A SHIPMAN FII2 NO' 5454 SHIR Property Address i os w nnniN sTREeT Case No.: CIT :SHIREMANSTOWN SI2[2: PA ZI ', 17011-6328 BEDROOM ,�et.:.r �� _ Iw �.. BEDROOM ,k},.:. :°`+1'�.;"` �'�'a�w.... ya�� 4 .; ri '.�� :� BATH �f�i „� ��+ '.9�� ,. �� fi �., . � r t� �� ,5 �' > 4�. �� ' :*� { .. � �'�y„�A. POTTS � p �'�.<-',0- ..a <. .,.. Proaucetl uvng ACI sottxare,800.23d A)I]w»w.anwe0.com FHT305�12013 CII2f1C ESTATE OF JAYNE A SHIPMAN FIIE NO,: 5454 SHIR Property Address,�os w MaiN sTREEr Case No.: Clt : SHIREMANSTOWN SI2C2'. PA ZI :17011-6328 I I . a � �a^r� t BATH "��x+� 4 �� 1 '�x � s�r +�5.,1 y t � �L A r� �h`@?� r s � 1 ; .dY"� 9, � 4i .,;� � , t :: 5' � 1 4:% 9e� �h 4� t;n, 1 µ y':- A��'�Z � ��4 +k �� .m�i: 4�� ::.�v�,.ez::.: � � � . fl ��I � � :,:,� ' �'.� �m � '5", HALF BATH � , '� i � ��R � I � �;> � �; ��, � ,i �y: y� a. ,�:i� �� a. �: `;ti; �� k . � �y�� !^+�� Y�r P �.:,� : � �:,,: �,, . ..� ��"��k k LIVING ROOM � � . � # i � � ` �s;4T�`.-: C'�, �`-�. � ��D A. POTTS ��; Protluce�i usiig ACI sdtware,800.234.BR]v.wx.aaweb.cwn PHT305212013 CIIEfIt: ESTATE OF JAYNE A SHIPMAN FIIE NO' S454 SHIR PfOp2rty Addfe55:106 W MAIN STREET CeSE NO� CI[ : SHIREMANSTOWN $28[E', PA ZI '.17011-6328 FURNACE �I,�,i��f I �� k� i �'' . �°��+ r �'� � �"r�� .,� � er S � �"� ��, r�� '� GARAGE iY l_ ,�c. a .i-0,:'., sz.`v M"" _ { � : +v�, f i, y {I' 7� ! III i ��r' w i f�� I�� ,x. ; ,n�.,w 'v� '` d ALLEY AT REAR - �1.�. �',} \ *}�, .�J�, .� 1y�1�� i� 6. �� .� � � r o s►_ aorrs Produc d using FCI sofiware.B W 234 BRI xxw.aoweE.mm PHT305211�13 . � • ��- �� • �. � • . � ;�� '� � � � � :� ' :oY: " -r� � a -;� �l,�v . ` `' '' b�"f'f" x^� �� - '�.� ��y^��*��. L i�S" . �� i r� `� � : "� i�,�- . - ��."� %��"„u��` �S"��:"`�. .i �,, ' �� '��''�»n...� � ..'�� ' � - . r -ray�. � + . ��r�— asv.�wsw� s� - �a'y� '+`.a. "6 �_" . F ' ` ..,.... '�'. .arn� #' - ° � �,.., . �,� �,s' . ' " ' ,.�...,.� ,;s___... ..._,.. , - , ._�.: .. ,. vsa ��°r{ r.. . _,. r�-r�... .. . . :.x . � .. , t"'��-'��'� ��,K: � .. . Sy, � �' .:".... . . .. 4�5�,�� .. .. �k. �T � '� ... 'i�, i'�. . � � . i�;: . . `l., . . .. . . � *' � .�, � . . . a iP�'�'7�,.�� . � . . a "�`�. �F ti� . : � Ye�`` .. . `�*3w� h �� R�"'� °1 '��t _ �� : `�� ''�� :�' p . 'g`w�'�r.. �� .-� I�,k r� O � a . � $4�4�.uT ;,�. 0. t°1^1 � J�yy(.., - ��,; .w. :��'k�� T 4x 4��'' e.��._ . � 1,,.� ?, i��`�� : . ,,, . ' -. , i4�'w.,. . . + e �^,� ..'ri:. �:w... • CII2fII: ESTATE OF JAYNE A SHIPMAN FiIE N0.', 5454 SHIR PfOpBfty ACJdfQ55','106 W MAIN STREET Case No.: CI[ '. SHIREMANSTOWN St8t2: PA ZI ',�7011-6328 SITTING AREA �' �I i �'��, ��u � ,_s, ��. I a � I� � �il ,. .�...__ .;�r �� +� ��p 1 _ �� ^ �` � i � �.��'. �{��s � $� � r� +t �� t�� BASEMENT ��: y}..�; a �„'x,'`�„� .^,i:�-,im�;: :'�.} �� _,� � A�,: ��<c�, ,,..� �:_:�'��° , �� POSSIBLE ASBESTOS COVERED HEATING PIPES IN BASEMENT. 3�"'3 � � b A_ POTTS Protl�cN using ACI w:m�are.800.234 Bl2)wew,aoxeb.com PHT305212013 FLOORPLAN SKETCH CIIE�[: ESTATE OF JAYNE A SHIPMAN FIIQ NO.: 5454 SHIR P�Op@ftV Add�OSS:106 W MAIN STREET Case No� CIC :SHIREMANSTOWN $C2CE: PA ZI ', 17011-6328 � r_..-._.._...._._.__.._.-i I I � ; iP.,o � �.�ME�, u�.�. P p_. � i m �,.�a. I .�,�E��.s, � a.,� eA,� a�� sa*wa�� Comments: AREA CALCULATtONS SUMMARY LIVING AREA BREAKDOWN �� . .� . . Sim .. NetTafds &eaktlown � SubEofals G[A1 First Floo.r 1025.00 F`icst E1oor E1rst Floor 88.00 26.0 x 20.0 728.00 Fizat E1o�x 230.00 1363.00 11.0 s 2'].0 297.00 GlA2 Secvad£la�' 1025.00 1025.00 8.0 x 11.0 88.00 naa T�M Fyq� 602.00 602.00 50.0 x 23.0 23�.00 H4II' Bas�ast 1025.D0 1025.00 S¢c�a�3 Floor P�p �� 88.72 26.0 x 28.0 728.00 �i h G20.00 508.72 11.0 x 2'/.0 297.00 '�+;^+Floor '1.0 x 12.0 Ba.00 1d.0 z 3'].0 518.00 TOTAL LNABLE (rounded) 2970 8 Calculations Total(rounded) 2970 s�, � �' �D A_ POTTS LOCATION MAP CIIBfIt ESTATE OF JAYNE A SHIPMAN FIIP.NO.: 5454 SHIR Property Address�os w nnniN sTREeT Case No CI( : SHIREMANSTOWN StBte: PA ZI :17011-6328 � �saa��.-: . �! "��;�, �' =.,� .,� � ...injeetznikie 4d._ ' � .. .a..� �� •, w � � m � , i _ c, C�._ ` vnal � `` �� rl`�i� , ., � � i ��1 }.m-S �o�� ,. � � � � � € �a, �� ---"`��' . � t�� l�f�s %"a��^s'=�"'.�..�^ . °'�" . .sn%^ n �,+ d � '1Ch , � ��. crr.wk � g � �. � GoodHopcv,c�,K ° g u � � park' L . . . �9�'. tons,b1i11 Y:g r��.. "nk� $ % ��.9 . . Fo�y ��n: � " Naspi�:a(; . � � - . , �. C un M a E �R L � ��y^J �.„` arvK�.. Hogestown''�� . . � .�faB%qPp(ke: . �� y4.,' - -- ';�- � �N t w -. �SB1 9q� . �. .r. . . .� . '-T�qa[kBtSC�'.-�P. ��rS��`: 'rqg Hill � . �. 1}ilf' . Pi ir .'N�S��... � . .,� . M �.�� Trmmhip 'R ' 144-... . �S�alf�. �� Fie�d � :Sub�ect �� . � . Comparable Sale 1� � --- gt � ��.s �106 W Main St �230 E Main St � �,e�uysb�� '-'Hqz �. ��q `Shiremanstown,PA 17�11 - � � _g.r Mechanicsburg,PA��17055 ' . a- , °'�yp . � (2.45 miles WSW) R�tl. . �< --'-.. ,_ . . tai, ,,, ,; � _„��ar�r., �i�t�,rta,, - P� �Y, r , , w,�� , -,__� .. -- ;. !_ . b�Iksburg: � �� "`� Y �:�� . �`°'�"' � - �"^`�iOR- '� Compara6le Saie 3 � ��..�£�F"i,�CS (!T SoSS'Market5t: `' �� Mechanicshurg,PA�17os5 �� ,wsm�s�`5` (2 67 miles WSW) Y�Manqr'± , ,.. . . . . , %, J,_.'. i ��s��e� • Comparable 5ale 2 , ,' �l4� 720 S Market St , ��1p�� ' ,, � u �Mechanicshurg PA��17055 �a i ��d'�k �-e��fv��spk� �2.�i miies wsw) ��~ ��sk�!'ara,,a -= � ke�`g= �``"— ��. nnsylvamxKP �pk��:`-'' v �� µ. � w�� , � �� 'f� � �ce:,�n:e f� ' .. �' . VYind��Hi1i . � . � . .. '�.��, +9y�`� Tw . . ��. . �. � � "�cr �� . . �a y w$� sy ' � � wk f � q. �' '.r'� '3 .r a'¢' � _`G yRd '' ��iS � �vv �'� �tu, � � �� c� f �gd _ � ,�;., , —, � C a � <." ., _ �. � r �� 'Ma' C �� . . �$. � � . �8owmansdale� . . . .. �'�, . . ' �- ,. �� : � ,_ � . � �� '; � ��,y � �� rnRd�-. _ � � � = -' _ ldttf`�tt+3ie - 'r� �j.. � _ - . ,-�:: � 'M�sah �Pc, �,.�y .� �"-' .. 4hfF1�lamS;�.. �+f." ' Ca:leqe� . C$ . . " � i ;- _..._ . r'' � �i:6 C 54dtlonsCur9 Ad.: � GrovE: �scUsrn . . .� . � , ' .y u � '. ..,1 � '... , � a 5 vtd� 3� .� ._ . , .. . ,� ; �.,.,. . .. . ..' . q-:. � ,,. . r . � . . , �; qjm".�. . .....:- . ;�� . xt:.: � `�i'�- r _' z -',=r _ _ ,� . . F _ � � ':J..��y�.Jr�{l�l.�tJi�+��.�3i� I.r".,f�yf:lS1:.11 �. ..--�� p�' ... 1'. .,� f� . pp; . .L.7lfN�£$ �:.oR .. .�. . , . ��i . . . �. � m'�D A POTTS FLOOD MAP CIIBfIt ESTATE OF JAYNE A SHIPMAN FIIE N0.'. 5454 SHIR PfOpBfty AdCIf05S'106 W MAIN STREET Case No.: CII : SHIREMANSTOWN SCet2: PA ZI '.17011-6328 �� Ew ? gt� d � ,r��„- � Mar t' Mmter Ln Y�Kwyry�ute 1� �� _� g � -_ - - �, � �1 �*^ � s g _ � Q 0: P __ �! �T ' �, �S � . � �ygh�. s��°. � �µwy . 2� m �� . - + ' -�- - Kc`�� N � . a�_t , � �,s'�� K O s� n� � � Q� � � �a� . �4 � �:Si �� . ��'� . m fi' . . . �m;m�'�. � Sbk H ...�.. ..,&. . �� ° � � �� ° � a e �, � � $ � �' .G� . .. . q P 47 w ��. . . . . ,;q, �. +,� "C2��''�~e? . fatAYO. �C°11'1ea m . P '�. �0�ae�ya. . ,pT� � . �� . �ig6 �ryhg�� .: . . �� ....: -.: . _. Q . .:�;�`; .. � � : Su��eCf Sisc� 1Q5 W MAIN STREET s.�� SHIREMANSTQUVN, PA 17011-6328 �t � o .�t {o� �.Y� ' �.. �p�g � .. .. .�A�:��.�y3. N�,G; {7 . . m 'A1 ... P�Y�VSeY��tis . 'F, . � ��t}g�d h`�e.. . � o �,pe �C4R'�'�S� . . W .> ..t.� ,^� ... � ��v'IY �. � � -�:- ' 9��i� a �a c*`'3. pP43Y �4} �. ��'c � � pC rtto . L. ��a � �t �@� ne�nkea va.. .. Ag�N � �SP ...a � �.� •edai . � � . .�. �eh 3�� aJanCt. s�0� �� K:. �h�`c� �' . �.. �� (5�8 5��`�a� a+n4t�,,,.,� � � 6 ' �� .n4' �a, � 3� �� Rab ¢ �r � � � .�� O� p� � °' .o �p' �, a � A �� 4 4. .. . .� � � u � �sy �,, , �.'�a � ,p b . U N .. p.� � �(��b ��1� ,,y � �: ��Q,t 5,}ao-�{ .. . -,y�a v:. �� .�� r. � o . �� . � m a � �'v� ��Q�. a NIXtlngnem�R 9a . . P� � � � ��. +j.�es10°�9� � C Q � Ftood Information - �FIDddM8E1:LGg211d Coea��munily�420369•SHIREMAN3TOW(V.�BOR6LJGi^F�OF �F7ppd ZpnEg. PropeAy is no[irt�a FEM14A special flootl hazarti area: a4a,wwiedey�oo.ye.rnwa�a MapNumber:42647CO277E MapDate:d3116Y2069 . ... . . . ... . Pane1;:OZ77E� F�P5:42Q41 hees�owm.ar�tnstoa.m:scayer�ooq�ru. � Zone:�X � . NNs iMlMtlal Cy t00gnsf tloodng . . ��PlNSYMlNiY�C'by�t00�y1i7f�11Cbd�I1QWNh`NIOCIl}'t4Tdf0 � F�DO�N9y an�6 h'n5VM1 TfH�sAMpttC.B 61o41d F[9Yflfd Celt7fiqgp��(7FFiGj noY ACI MAkk fln)' '� � representeEiona w warrenties m any party coew^ertNng the confen4 accurscyar �:fluoRxeyene3x9hwkcAyMamftl' comptetenassatihisNuoalraport,k[d�tlmgenylvsnantyofinerd�anmblliEfar . . . Afaesa(1M�I�rmM�tlbdyWl07r7batlh�afOs ninte9s��foraDflfRae7qipt�rpcse.'NeiMef�FNGnarACinurtAaw!IlNroflhi9�. 11ond reAunahalF hav�e�eny I�blllcy to eny fFiFa.perty for-anyu5e nt misuse ut .��. tuaasnaineppartuneqrP��e� - . . . .. iniaflwdrepo`i � . . . . �� ' �D_A_ PQTTS USPAP ADDENDUM F�ie No. easa sHiR Borrower. P�OPerty Addf055: 106 W MAIN STREET Gty; SHIREMANSTOWN COUnty: CUMBERLAND SCet2: PA ZipCode: no�i-s32a Lender. ESTATE OF JAYNE A SHIPMAN Reasonable Exposure Time My opinion of a reasonable exposure time for the subject property at the market value stated in this report is:3-6 nnONTHs THE REAL ESTATE MARKET IN THE SHIREMANSTOWN AREA APPEARS TO BE STAB�E. SUBJECT PROPERTY,WHEN ACTIVELY MARKETED TO THE GENERAL PUBLIC,MAY TAKE 3-6 MONTHS EXPOSURE TIME TO SELL AT THE APPRAISED VALUE OF$278,000. Additional Certifications �I have performed NO services,as an appraiser or in any other capacity,regarding the property that is the subject of this report within the three-year period immediately preceding acceptance of this assignment. �I HAVE pertormed services,as an appraiser or in another capacity,regarding the property that is the subject of this report within the three-year period immediately preceding accep[ance of this assignment Those services are described in the comments below. Additional Comments COMPARABLE PHOTOS WERE OBTAINED FROM MLS. APPRAISER: SUPERVISORY APPRAISER(only if required): Signature: � �- � Signature: N3mB: DAVID A.POTTS,PA CERT GENERAL RE APPRAISER Name: Date Signed: 12/01/2013 Date Signed: St0t2 C2rtifiCetiOrl#: GA000479L State Certification#: or State License#: or State License#: or Other(describe): State#: State: State: PA Expiration Date of Certification or Llcense. Expiration Date of Certification or License: 06/30/2015 Supervisory Appraiser inspection of Subject Property: Effective Date of Appraisal:September 30 2oi 3 ❑ Did Not ❑ Exterior-only from street ❑ Interior and Exterior Proour.etl using AG wM1wa�e.BOO.i34.8]2]wxx.eciweb.mm USGAP 12M 05112012 CII2flt ESTATE OF JAYNE A SHIPMAN F�II@ N0.'. 5454 SHIR PfOpEfty ACIdf85S:106 W MAIN STREET Case No,: Cit 'SHIREMANSTOWN St8[E: PA ZI : 17011-6328 � I � , .. - -' _'–__ .._ . . . - — a�S.��..��+'� �1 l. � r' E�."t��t�� ; Conamon�eatt6 ni Pennxyh•sefie �: ��tweat�sl`SYate Hureau u£Prs►t�ianir�aritT'�Cd�tiaaal A#"fa�r� : �O�ad�.,t�t�}larr3bburfi Y:A 47l45-.'.l�.� '. .: P • ,' ,. ` .Cex�tliCOi!'fypE #" �, a ,,,' w 5 C'cri�l"rcale�tShK ��°' Cort�lsdCirnaralAppnlar 4 �"'�� 1�• - Aciiv�s >_•y -d ct `�i I E \ � . �, ,j�',;; ,`�' Iailim!Gert111c�ti0at#A�-'�, � �. �.� ._. .�" ' �Nl3fiPf99t �,� 4A -pQl.YYGC�6T�LPR C!i'tif�CtltN�� '-.:X ... , GKNfAFNI�IP,�i?Oit .�*�� . P caoaoars►, ��'�� ` E f iD8l301�1d1S � � ��_�--.""�"�,wp�. ��-:�� - � � �� . �.�� -. 1 ��;��,��. . � � �bZ D A_ POTTS ��.:�'.��;�:��' �� .`�,.��c�"�� :� �:�'�'��t��`t , , ;, ,_;_ ; . , _e..� .� � r t.��4 U�'d414:1�'�L.211G`•.!_ tlt'E.k�i� u �.',x....; .t.�;.z.s:zt.:tt Fc: L,:L 1..:aL.,..,.` .t. „Y:G. . .,azi:t:,:wi�.. !..f..!.,..CL..:+�.�.:, fi':, ��,.: ;�r it y..i.i. e +:lr' s� e 1 ...:. �.�k iF6! .<: tk�t'11?� h� Ynn? 4 M1 t�'tYre-� YY•.t:ry�. _ '.a.�. l;{ c ,sk � . ...x ,, nclF rF'4:' � �t..�h:�{: i �1 5 \Y['1`:ti ii F 1" 5.� ,fi . . . ..v . . . .. .. . _ ... ., _ ��1. . . .� ..-. ..��... �. . } � .. ........ �.�..�-I��-. ._ . .". .._._ . . .....4. . ..-,....f .� � . CONSENT OF PARTY IN INTEREST I, the undersigned, being a party interested in the Estate of Jayne A. Shipman, Deceased, hereby consent to the purchase of 106 W. Main Street, Shiremanstown, Cumberland County, Pennsylvania, by Jefferson J. Shipman,pursuant to, and in accordance with, that certain Agreement of Sale made October 20, 2014. WITNESS: � , , � .� (SEAL) Lee T. Shipman t��D l�, �� tl