HomeMy WebLinkAbout09-02-15 (3) _ ,
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IN RE: : IN THE COURT OF COMMON PLEAS OF`�' ` rw'
ESTATE OF JOSEPH A. TURRI,
: CUMBERLAND COUNTY, PENNSYLVAI`� yJ �
Deceased : ORPHANS' COURT DIVISION
: NO. a(%—/�i ._��.�
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RECEIPT, RELEASE AND REFUNDING AGREEMENT
The undersigned, MARK TURRI and THE LUZERNE FOUNDATION, Trustees of
the Charitable Remainder Unitrust Under the Will of Joseph A. Turri for the Benefit of Mark Turri
(hereinafter referred to as the "Trustees") created under ITEMs 3(c) and 6 of the Last Will and
Testament of Joseph A. Turri dated December 21, 2012 and Codicil dated November 4, 2014
(hereinafter together the "Will"), do hereby acknowledge receipt from BARBARA L. SOWERS,
Executrix of said Will (hereinafter referred to as the "Executrix"), of principal cash in the sum of Five
Hundred Thousand Dollars ($500,000.00), and statutory interest thereon at the rate of Five Percent
(5%) fTom the date of Decedent's death, on account of full satisfaction of the bequest contained in
ITEM 6 of said Will.
IN CONSIDERATION of said distribution, the undersigned Trustees do hereby
release, remise, quit claim and forever discharge the Executrix, her agents, heirs, personal
representatives, successors and assigns, of and from all actions, suits, payments, accounts, reckonings,
claims and demands whatsoever for or by reason of the bequest under ITEM 3(c) of the Will.
AND the undersigned as Trustees on behalf of the Trust but not individually, do hereby
agree to indemnify and save harmless the said Executrix, to the extent of said distribution, against any
and all loss, damage, costs, verdicts,judgments, awards and expenses which said Executrix may suffer,
992840.1
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incur, be put to, pay or lay out by reason of having made distribution of said bequest to the
undersigned, and the undersigned agree to refund to the Executrix upon receipt of such a request from
the Executrix, any portion of the above distribution to which the undersigned is not properly entitled or
which shall at any time be necessary to discharge any debt, expense or liability of the Estate, including
but not limited to any estate, inheritance, transfer or income tax.
It is the intention of the undersigned to be legally bound by this instrument.
The undersigned agree that this Agreement may be executed in several counterparts,
each of which shall be an original and all of which shall constitute but one and the same instrument.
IN WITNESS WHEREOF, the undersigned have caused this instrument to be executed
on the o��l" day of , 2015.
WITNESS/ATTEST:
Charitable Remainder Unitrust u1w of
Joseph A. Turri f/b/o Mark Turri.
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By: MA TURRI, Co-Trustee
THE LUZERNE FOUNDATION, Co-Trustee
By:
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incur, be put to, pay or lay out by reason of having made distribution of said bequest to the
undersigned, and the undersigned agree to refund to the Executrix upon receipt of such a request from
the Executrix, any portion of the above distribution to which the undersigned is not properly entitled or
which shall at any time be necessary to discharge any debt, expense or liability of the Estate, including
but not limited to any estate, inheritance, transfer or income tax.
It is the intention of the undersigned to be legally bound by this instrument.
The undersigned agree that this Agreement may be executed in several counterparts,
each of which shall be an original and all of which shall constitute but one and the same instrument.
IN WITNESS WHEREOF, the undersigned have caused this instrument to be executed
on the i � day of /�,�tn�S� , 2015.
WITNESS/ATTEST:
Charitable Remainder Unitrust u/w of
Joseph A. Turri f/b/o Mark Turri.
By: MARK TURRI, Co-Trustee
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THE LUZERNE IJNDATION, Co-Trustee
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c--�-� f BY� ��� l �/ �
Tit e: �
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COMMONWEALTH OF PENNSYLVANIA )
) SS:
COUNTY OF ����� � ►'� )
On this, the� day of , 2015, before me, the undersigned officer,
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personally appeared MARK TURRI, known to me (satisfactorily proven) to be the person whose name
is subscribed to the within instrument, and acknowledged that he executed the same for the purposes
therein contained.
IN WITNESS WHEREOF, I hereunto set my hand and official seal.
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Notary Public
My Commission Expires:
(SEAL)
COMMONWEALTH nF PENNSYLVANIA
NO?ARIAL SEAL
Brandi M. K�rrs. Nu;ary Public
City of Harrisbu,j. Dauphin Cotmty
My Commission Exr,ires Feb, 18;2018
ME6IBER, PENNSYLVANIA ASSJCIATION OF NOTARI'cS
�. 4 , �
COMMONWEALTH OF PENNSYLVANIA )
) SS:
COUNTY OF �.UZl=t2YVE )
On this,the (a� day of �U(�U S� , 2015, before me, the undersigned
officer,personally appeared C'{�t�j'�1.�—S �Vl Q�r R-t3��who acknowledged [himself/herselfJ to be the
�2���-� `Ct-Z� of THE LUZERNE FOUNDATION, a corporation, and that [he/she] as
such officer, being authorized to do so, executed the foregoing Agreement of Trust for the purposes
therein contained by signing the name of the corporation by [himself/herselfJ as such officer.
IN WITNESS WHEREOF, I hereunto set my hand and official seal.
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Notary P 'c
My Commission Expires: ��U����� (D . �Ol�
EALTH OF PENMStlLVAN1A
NOTARIAL SEAL
JOHN P,LONMAN,Notary Publk
luzeme BtXo.,l.uzerne County
My Commissbn Expir�Au�ust 10�2019