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HomeMy WebLinkAbout07-06-05 REV-1500 EX + (6-00) e * COMMONWEALTH OF , PENNSYLVANIA <- DEPARTMENT OF REVENUE , I ' . . DEPT, 280601 , HARRISBURG, PA 17128-0601 e OFFICIAL USE ONLY REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT FILE NUMBER II 05 COUNTY CODE YEAR SOCIAL SECURITY NUMBER 0139 NUMBER I- Z W o w o w o DECEDENrs NAME (LAST, FIRST, AND MIDDLE INITIAL) Simmons, Samuel M. Jr. DATE OF DEATH (MM-DD.YEAR) DATE OF BIRTH (MM.DD.YEAR) 187-16-6004 THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER Ul I- ~~(Jl ()c::~ Ulll.() ;1:00 ()C::..J ll.lD ll. ct 02-02-2005 12-25-1918 (IF APPLICABLE) SURVIVING SPOUSE'S NAME ( lAST, FIRST AND MIDDLE INITIAL) o 1, Original Return o 4. Limited Estate [!] 6. Decedent Died Testate (Attach ccpy of Will) o 9. Litigation Proceeds Received o o o o 2. Supplemental Return 4a. Future Interest Compromise (date of death after . 12-12-82) 7. Decedent Maintained a Living Trust (Attach copy of Trust) 10 Spousal Poverty Credit (date of death between . 12-31-91 and 1-1-95) o 3. Remainder Return (date of death prior to 12-13-82) o 5. Federal Estate Tax Return Required 1 8. Total Number of Safe Deposit Boxes o 11. Election to tax under Sec. 9113(A) (Attach Sch 0) ~ Ul Q Z o ll. (Jl Ul c:: c:: o () THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFOPlMATION SHOULD BE DIRECTED TO: NAME COMPLETE MAILING ADDRESS James D. Bogar FIRM NAME (If applicable) Bogar & Hipp Law Offices TELEPHONE NUMBER 717-737-8761 One West Main Street Shiremanstown, PA 17011 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) 3. Closely Held Corporation, Partnership or Sole-Proprietorship z o i= j :J l- ii: < o w a: 4. Mortgages & Notes Receivable (Schedule D) 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) o Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G or L) 0 Separate Billing Requested 8. Total Gross Assets (total Lines 1-7) 9. Funeral Expenses & Administrative Costs (Schedule H) (1 ) (2) (3) (4) (5) (6) (7) OFFICIAL USE ONLY 1,115,000.00 13,174.40 None None 117,069.08 None None 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) 11. Total Deductions (total Lines 9 & 10) 12. Net Value of Estate (Line 8 minus Line 11) (8) 1,245,243.48 (9) (10) 30,677.09 13,909.28 (11 ) 44,586.37 1,200,657.11 0.00 (12) 13. Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J) 14. Net Value Subject to Tax (Line 12 minus Line 13) (13) (14) 1,200,657.11 SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 20. [K] 0.00 54,029.57 0.00 0.00 54,029.57 CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. 15. Amount of Line 14 taxable at the spousal tax rate, 0.00 x .00 (15) z or transfers under Sec. 9116(a)(1.2) 0 i= 16.Amount of Line 14 taxable at lineal rate 1,200,657.11 x .045 (16) < I- :J a. 17. Amount of Line 14 taxable at sibling rate 0.00 x .12 (17) :!: 0 0 18. Amount of Line 14 taxable at collateral rate 0.00 .15 (18) x x i5 19. Tax Due (19) >> BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECK MATH << Copyright 2002 form software only The Lackner Group, Inc. Form REV-1500 EX (Rev. 6-00: Decedent's Complete Ad.SS: STREET ADDRESS 1 South Locust Point Road e CITY Mechanicsburg STATE P A ZIP 17055 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1) 54,029.57 51,513.75 2,701.48 Total Credits (A + B + C) (2) 54,215.23 3. InteresVPenalty if applicable D. Interest E. Penalty TotallnteresVPenalty (D + E) (3) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. (4) Check box on Page 1 Line 20 to request a refund 5. If I.ine 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) A. Enter the interest on the tax due. (SA) B. Enter the total of Line 5 + SA. This is the BALANCE DUE. (5B) 185.66 Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred;................................................................................ 0 [!] b. retain the right to designate who shall use the property transferred or its income;................................... 0 [!] c. retain a reversionary interest; or............................................................................................................... 0 [!] d. receive the promise for life of either payments, benefits or care? ............................................................. 0 [!] 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? .................................................................................................................... 0 [!] 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death?......... 0 [!] 4. Did decedent own an Individual Retirement Account, annuity, or other non.probate property which contains a beneficiary designation? ................................................................................................................... 0 [!] IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. Under penalties of perjury, I declare that I have examined this return. including accompanying schedules and statements, and to the best of my knowledge and belief. it is true. correct and complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN ADDRESS Samuel M. Simmons III S' t'~~.\~,l\} SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN DATE 72 S. Locust Point Road Mechanicsburg, PA 17055 -z II (c)[ ADDRESS DATE ADDRESS One West Main Street Shiremanstown, PA 17011 For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3% [72 P .S. 99116 (a) (1.1) (i)]. For dates of death on or after January 1, 1995, [72 P.S. 99116 (a) (1.1) (ii)]. The statute does ~ of assets and filing a tax return are still applicab For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfe natural parent, an adoptive parent, or a steppare The tax rate imposed on the net value of transfer 99116 1.2) [72 P.S. 99116 (a) (1)]. NAPD ransfers to or for the use of the surviving spouse is 0% ,e from tax, and the statutory requirements for disclosure , beneficiary. r AusT rs of age or younger at death to or for the use of a 1.2)]. 1I beneficiaries is 4.5%, except as noted in 72 P.S. The tax rate imposed on the net value of transfer defined under Section 9102, as an individual whc Igs is 12% [72 P.S. 99116 (a) (1.3)]. A sibling is - - _..~ r-<" "'" In common with the decedent, whether by blood or adoption. REV..8S EX+ (1.921 .' .... (J . ,~ ..~:'. ,..,..~ SAFE DEPOSIT BOX INVENTORY COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE INHERITANCE TAX DIVISION DEPT. 280601 HARRISBURG. PA 17128-0601 Please Print or Type MUST BE COMPLETED BY REPRESENTATIVE OF FINANCIAL INSTITUTION WHERE SAFE DEPOSIT BOX IS LOCATED AND RETURNED TO ABOVE ADDRESS COUNTY CODE FILE NUMBER SOCIAL SECURITY OR DEATH CERTIFICATE NUMBER , DECEDENT'S NAME (LAST, FIRST, MIDDLE) DATE OF DEATH Simmons, Samuel M., Jr. . ADDReSS OF DECEDENT (STREET) (CITY) (STATE) 1 South Locust Point Road Mechanicsbur P NAME AND ADDRESS OF PERSON REQUESTING THE OPENING OF THE SAFE DEPOSIT BOX (NAME) James D. Bogar, Esquire (STREET ADDRESS) (CITY) One West Main Street Shiremanstown NAME, ADDRESS AND RELATIONSHIP (IF ANY) TO DECEDENT, OF PERSON(S) PRESENT AT THE BOX OPENING a. (NAME) (RELATIONSHIP) James D. Bogar, Esquire None (STREET ADDRESS) (CITY) One West Main Street Shire~stown b. (NAME) (RELATIONSHIP) Samuel M. Simncns, Jr. Son (STREET ADDRESS) (CITY) 72 S. Locust Point Road Mechanicsburg c. (NAME) (RELATIONSHIP) (STREET ADDRESS) (CITY) . NAME AND ADDRESS OF FINANCIAL INSTITUTION WHERE THE SAFE DEPOSIT BOX IS LOCATED (NAME) PNC Bank, N.A. (STREET ADDRESS) (CITY) 2 E. Main Street . NAME OF PERSON MAKING LAST ENTRY ~~1UUd' .\,(." . u,t.~\"~ LIt" DATE OF CONTRACT TO RENT BOX NUMBER OF BOX CAt ~ . -, 2.- 'e17 NAME AND ADDRESS OF PERSON(S) HAVING ACCESS TO BOX a. (N~E) DATE AND TIME F LAST ENTRY ~~ , TITLE UNDER W~ICH ~ IS REGISTERED S'l.~ ,Crt. ~t..,q~ ~r b. (NAME) (STREET ADDRESS) (STREET ADDRESS) (CITY) (STATE) (ZIP CODE) (CITY) . NAME AND TITLE OF EMPLOYE TAKING THE INVENTORY ~LJo.~ r- WAS A WILL IN THE BOX? DYES If yes, a. Date of will: b. Name and address of personal representative, if named in the will (NAME) (STREET ADDRESS) (CITY) c. Name and address of attorney, if any (NAME) (STREET ADDRESS) (CITY) (ST ATE) PA (STATE) PA (STATE) PA (STATE) (STATE) (ZIP CODE) (ZIP CODE) 17011 (ZIP CODE) 17011 (ZIP CODE) 17055 (ZIP CODE) (ZIP CODE) (STATE) (STATE) (STATE) (ZIP CODE) (ZIP CODE) (ZIP CODE) SAFE'EPOSIT BOX INVErttORY Page INSTRUCTIONS (1) Cash: Report total only. (2) Stocks: List in detail every common or preferred certificate, warrant or other rights found in box. Stocks ore to be designated by name of company, certificate number, dote of certificate, nome in which stock is registered, and number of shares end closs of stock. (3) Obligations of U. S. Government: Number of items, dote 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 nome 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. of ITEM NO. ITEM DESCRIPTION i/\,\.I &(,.~~ '*" I CERTIFY UNDER PENALTY OF PERJURY THAT THE ABOVE RECORD IS PERSON RECEIVING COPY OF CORREC.:r-J1.ND COMPtlETE TO THE BEST OF MY KNOWLEDGE AND BELIEF. SAFE DEPOSIT BOX INVENTORY: SIG7TURE / SIGN~TURE IJ . J'~ 11. :J ~~:]jj PRINT NAME AND,CHECKt.~ROPRIATE BOX ~ELOW: squire St(~ IA.-~~~}TI... CHECK APPROPRIATE BOX: ~xecutor(trix) 0 Administrator(trix) Attorney 0 0 Estate Representative Joint owner of safe deposit box NOTE: Attach additional 8Y2" x 11" sheet (s) if necessary or use duplicates of this page of form. Rev-1502 EX+ (6-98) e e *' SCHEDULE A REAL ESTATE COMMONWEAL 1H OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT Simmons, Samuel M. Jr. FILE NUMBER 21-05-0139 ESTATE OF 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 which Is jointly-owned with right of survivorship must be disclosed on schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 Contract for Sale of Real Estate executed prior to death - Agreement of Sale dated 15.000.00 April 8, 2004, Settlement Statement and Deed are attached. All that certain piece or parcel of real estate situate in Monroe Township, Cumberland County, Pennsylvania, being 2.63 acres and known as Lot No.5 on the Final Subdivision Plan for Samuel M. Simmons, Jr., being part of Tax Parcel No. 22-09-0539-016. The property was acquired by Samuel M. Simmons, Jr. and Celesta E. Simmons, his wife. The said Celesta Simmons died November 28,1995 whereupon full and complete title became vested solely in Samuel M. Simmons, Jr., the Decedent herein. It is respectfully suggested that the value of the real estate is $15,000.00 as listed in the Agreement of Sale which is attached hereto. 2 Real Estate - All that certain piece or parcel of real estate having erected thereon a 1.100.000.00 dwelling house being known and numbered as One South Locust Point Road, Mechanicsburg, Cumberland County, Pennsylvania, being Tax Parcel No. 22-09-0539-016. The property was acquired by Samuel M. Simmons, Jr., and Celesta E. Simmons, his wife. The said Celesta Simmons died November 28, 1995 whereupon full and complete title became vested solely in Samuel M. Simmons, Jr., the Decedent herein. It is respectfully suggested that the fair market value of the real estate is as listed on the attached appraisal. TOTAL (Also enter on Line 1, Recapitulation) 1.115.000.00 (If more space is needed. additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule A (Rev. 6-98) '. ", " e e I i I \ I i I' I I AGREEMENT OF SALE THIS AGREEMENT made this ;r7L day of April, 2004, by and between Samuel.M. Simmons, Jr., of RD #1 Mechanicsburg, Pennsylvania hereinafter called "Seller", and Kenneth L. Hurley, and Deborah A. Hurley, of 1349 West Trindle Road, Carlisle, Pennsylvania, hereinafter called "Purchaser"; WITNESSETH: the Seller hereby agrees to sell to the Purchaser and the Purchaser hereby agrees to buy all that certain tract of land situate in Monroe Township, Cumberland County, Pennsylvania, being a 2.63 acres tract of land, being further described as Lot No.5 on the Final Subdivision Plan for Samuel M. Simmons, Jr., prepared by Eric L. Diffenbaugh, P.L.S., dated October 30, 2003. 1. SALE PRICE: Purchaser hereby agrees to pay the sum of Fifteen Thousand and 00/100 Dollars ($15,000.00) payable as follows: Fifteen Thousand and 00/100 ($15,000.00) due and payable at the time of the settlement as set forth herein. 2. SETTLEMENT: Settlement to be made no less than twelve months after the purchase of Lot No.6 and not to exceed thirteen months after said purchase of Lot No.6. Upon the failure of the Purchaser to pay the purchase money in full on or before the time set for settlement, all monies paid by Purchaser and accrued interest, if any, may be retained by the Seller at the option of the Seller, as liquidated damages. Formal tender of deed and purchase money is waived. -1- , " - e 3. PERSONALTY: This tract of land is unimproved, and Seller is conveying the real property only. 4. STATUS OF WATER AND SEWER: Seller warrants that the subject property is not supplied by water or sewer. 5. INSPECTIONS: Purchaser shall pay for all work to be done in connection with determining whether the property will support a conventional and/or sand mound septic system. In the event Purchaser determines that the property will not support a conventional and/or sand mound septic system, Purchaser may terminate this agreement and all down money shall be returned to Purchaser. 6. . MUNICIPAL IMPROVEMENTS: Seller has no notice of required municipal improvements such as sidewalks, curbs, etcetera. . . .-.._-- - -~- . ._._._-_._._...._---~ ;" ." 7. POSSESSION: Possession to be delivered at settlement. 8. ADJUSTMENTS AT SETTLEMENT: The Pennsylvania Realty Transfer Tax and any Municipality Transfer Tax shall be divided equally between the parties at time of final settlement. In no event shall Seller's portion of the realty transfer tax exceed 1 % of the sale price established by this Agreement. Real Estate taxes based upon the Clean and Green assessment value for the property shall be paid by the Seller and prorated to the date of final settlement. Any rollback tax on the property conveyed shall be the responsibility of the Seller. 9. DEED AND TITLE: Seller shall convey to the Purchaser by Special Warranty deed a good and marketable title such as can be certified by the Purchaser's Attorney subject to building restrictions and easements of record. -2- . . .J - .1-.. J" e e 10. MISCELLANEOUS: Purchaser shall be responsible for all costs associated with subdividing the land. 11. This Agreement shall be binding upon the parties hereto, their heirs, successors and assigns. 12. RELEASE (7-96): Purchaser hereby rel7ases, quit claims and forever discharges Seller, all agents, their subagents, employees, and any officer or partner or anyone of them from any and all claims, losses or demands, including, but not limited to, personal injuries and property damage and all of the consequences thereof, whether now known or not, which may arise from the presence of termites or other wood boring insects, radon, lead-based paint hazards, environmental hazards, any defects in the on-site sewage -disposal system or deficiencies in the on-site water. service system, or any defects or conditions on the Property. This release shall survive settlement. IN WITNESS WHEREOF, the said parties have hereunto set their hands and seals intending to be legally bound hereby. All parties hereto hereby acknowledge receipt of a fully executed copy of this Agreement. WITNESS: SEllER: d:t ~ k t2..d-l-- _.La1'7'vl-l;t'l1td./.~tA~VM 9; (SEAL) Samuel M. 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I , . h..~ ;.'i.. ." ~.~ : .. ..'j- " ~' ' ......... .' r " ," :1. . i ;: .. .- Ii ih . ; :j i ! I j i Ii! , , ), , . 'j; . " 1';,;> . ; ~J :;. '.~l':~ q'f!r,i ~t!,.., "I':.,: "i~[.':; J~!~"'. : f'I:' ~.I . ~I _ II \ ,~~~"S::';: ::1 ~~--- II~ . IIIi .. . - I':;' . II HUHf i~lIl ~ 'II ~~~H~~ :~U . il 1IIII'IIIil I !IU(', 'II: II. hi :' ~l . ,i lh; 1,1 I !I P II ! \' rt I~ ( .II !i " . \ . lr. ~~.'. .' ~) al" I. . rt. , ! I. it , ~ t. "fl rf.. . -l. ~,1f Cj. I ,. " ,~- ~ rl . r~ if .I ." r j." ,'". :'.. lr~ . I. !!! '.I;' Ii r~ Ii ~I il to " ~ 'f ri I. o ., . .' .I ." I . , .1 ,,' 'ff' {.l.'-. ': . e e A. Settlement Statement U.S. Depotlmanl 01 Houailg and U... DeveIoplMnl Aoo. 1r OMB No. 2502-0255 B. Type of Loan 1. 0 FHA ".OVA 2. 0 FmHA 5. 0 Cony. Ins. 3. 0 Cony. Unins FUe Number Hurley Loan Number Mortgage Insurance Case Number C. NOTE: This form is furnished to giye you a statement of actual settlement COSls. Amounts paid to and by the settlement agent are shown. Items marked .p.o.c" were paid outside of closing; they are shown here for informational purposes and are not included In the totals. D. NAME'AND ADDRESS OF BORROWER:Kenneth L Hurley Debofllh A. Hurley 139 Locust Point Roed, MechancJsburg, PA 139 Locust Point Road, Mechanclsburg, PA 17055 E. NAME AND ADDRESS OF SELLER: Estate of Samuel M. Simmons, Jr. 1 South Locust Point Road, Mechanlcsburg, PA F. NAME AND ADDRESS OF LENDER:,. Cash ,PA G. PROPERTY Lot 5 Locust Point Road LOCATION: Mechanlcsburg, PA 17055 H. SETTLEMENT AGENT: PLACE OF SETTLEMENT: TIN: O'Srlen, Sarlc & Scherer 19 West South Street, Carlisle, PA.17013. 25-1708515 I. SETTLEMENT DATE: 0512412005 RESCISSION DATE: J. SUMMARY OF BORROWER'S TRANSACTION K. SUMMARY OF SELLER'S TRANSACTION 100. GROSS AMOUNT DUE FROM BORROWER: "00. GROSS AMOUNT DUE TO SELLER: 101. Conlrocl Sale. Pric:e S 15 . 000, 00 401. Conlnld Sale. Price $25 000.00 102. Per...... Propeny 402. Perwnat propeny 103. So_II ch_.to borTower: 403- (from line 1400) $523.50 104, 404. 105. 405. ADJUSTMENTS FOR ITEMS PAID BY SELLER IN ADVANCE: ADJUSTMENTS FOR ITEMS PAID BY SELLER IN ADVANCE: 106. Cltyltown tax.. to 406. CltyllOwn Tax.. to 107. County Tax.. OS/24/2005 to 02/02/2006 $6.69 407. County Tax.. OS/24/2005 to 02/02/2006 $6.69 loa. _......nll OS/24/2005 to 07/02/2005 $5.07 405."""""""11 OS/24/2005 to 07/02/2005 $5.07 109. 409. . - ~. .. 110. 410. . ",. 411. 112. 412- 120. GROSS AMOUNT DUE FROM BORROWER: $25,525.26 420. GROSS AMOUNT DUE TO SELLER: $25,022.76 200. AMOUNTS PAID BY OR IN BEHALF OF BORROWER: 500. REDUCTIONS IN AMOUNT DUE TO SELLER: 201. Deposit or ..mat money 501. exa." deposit 'lee inalrudiana) 202. Prtncipal.mount 0I_1oen(.) 502. Solllement cherge.to Iller (lne 1400) $2,677.90 203. ElliIIIng Ioen(a) taken auIljOClto 503. Exioting Ioan(a) taken auIljOClto 204. 504. Payoff 0I11t11 mortg.geloen 205. 505. P.yoll 01 aec:ond mortgage Ioen 206. 506. 207. 507. 208. 508. 209. 509. ADJUSTMENTS FOR ITEMS UNPAID BY SELLER: ADJUSTMENTS FOR ITEMS UNPAID BY SELLER: 210. Cityltown _ to 510. CltyIlOwn taxe. to 211. County taxa. to 511. County taxe. to 212. Aueaarnonta to 512. Assessments 10 213. 513. 214. 514. 215. 515. 215. 515. 217. 517. 218. 51B. 218. 518. 220. TOTAL PAID BYIFOR 520. TOTAL REDUCTIONS $2,677.90 BORROWER: IN AMOUNT DUE TO SELLER: 300. CASH AT SETTLEMENT FROMfTO BORROWER: 600. CASH AT SETTLEMENT TOJFROM SELLER 301. Gross amount due from borrower (line 120) $25,525.26 601. Gross amount due to seller (line 420) $25,022.76 302. Less amount paid bylfor borrower (line 220) 602. Less reductions in amI. due seller (line 520) $2,677.90 303. CASH ( 00 FROM) ( DTO) BORROWER: $25,525.26 603. CASH ( o FROM) ( 00 TO) SELLER: $22,333.86 HUD-1 (3-86) - RESPA, HB 4305.2 PAGE 1 e e HW.l (Row. 311III1 L OM8 No. 2$02-02e5 700. TOTAl SAlES/BROKER'S COMMISSION PAID FROM PAID FROM BASED ON PRICE $15,000.00 0 II. BORROWER'S SELLER'S DIVISION OF COMMISSION (LINE 700) AS FOLLOWS: FUNDS FUNDS AT AT 701. 10 SETTLEMENT SETTLEMENT 702. 10 703. CammIuion pald"_ 70.1. 800. ITEMS PAYABLE IN CONNE :TION WI H LOAN: 10 1. Loon ...lginoIion I.. " 802. Loon_ " 103. ..........,..10: 1Ool. Credi '......10: 1105. Londot'I _,.. 806. Mono-oe .,."...,. appiclltion fM 10 107._'.. lOll. 801. 8'0. 811. 900. ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE: 80'._"'_ OS/24/2005 10 06/01/2005 0 IdMr Q02.. Mortgage inN'WlCe premium tor ..... 10 1103. .......d inIuronco......... ,... ,...10 804. Flood inN'ance prlmUn for ,... 10 IlO5. SETTLEMENT CHARGES 1000. RESERVES DEPOSITED WITH LENDER: lall._.....OI1OI -0 'QQ2. "'""- .......... ....... 0 '003. Clty_y_ -0 1004. County propwty..... monAh& Q ,QlJ5. _............ - 0 '006. FloocIlNurOl1Ol ....... 0 'al7. -0 'lXIIl. ....... 0 ,0C8. Accrecate Accountin Escrow Ad ustment 1100. TITLE CHARGES: ...- .......... ...- ...- ...- ...- ...- ... monlIl 1101. SeWIm...u~f..lO "II2._...IiIIo_1O 1103. TIle_1O ,,0.1. TIle inannco_1O "llli.~_.. I1OS. Nolo<y...... 1107. """"'"YI '''110 o7_e. D. Bogar, E.quire (POC) indudel ~ it....... Numbera; 1101. Tii"inannca~ O'Brian, Baric' Scherer ____---= 1101-1105 1107-1111 "09. Lencter'.c:over.ge 1110. o..n.-. c:ov U11 1112- '1.1,1 1200 GOVERNMENT RECORDING AND TRANS ER CHA GES' $15,000.00 I '20'. R~'_ 0_ $38.50 : Martgago : R....... $38.50 '202. Clly_ ...........: ~ $150.00;Mot1gage $150.00 ,203. S.... ...._: ~ $150.00;~ $150.00 120.1. ,205- 1300. ADDITI NAL SETTLEMENT CHARGES: 1301. S&ney to 1302. P.at Npection 10 '303. CUmberland County Tax Claim (rollback taxas em 2. 63 acre tract) $2,522.90 '3<W O'Sri.n, Baric ,. Sc:herar (Tax Cart re.) $5.00 '305. nos. '307. 1400. TOTAL SETTLEMENT CHARGES $513.50 $2,677.90 I ho... ""'.tully _11>0 HUD-' S.1IIemonl S..lemonl and to 11>0 _I'" my knowIodg. and _. k Is a lNO and aa:urate lta_nlol "'_II and diobunemonll mode on my """"""otby main ..llonOa<:lion. Ilunlwcertily thai I ho.. _aCOPY"'If1.HU~onlS~~~ 8orrawor. r, . Dale: ~~~~9h2~~~ Dale: f:1l"f(~" Samuel M. SImmons, III, Executor SoIIoror ~ Dale' Agent Oalo: '--..----.--'-~m .,-;' lS5 Oal.: SetaomontAgont Dal8; g;-)g 'fA DavId A. Baric FT WARNING: Ills a crime to kMwtngIy make faloe "_" ID 11>0 Unltod 5..181 on lhiI or any oilier _ farm. p_ upon __ ....lnducIo a 11M and Impr\lor>- mon~ For _ _: TIll. \8 U.S. Cado SecIlon 1001 __ 1010. e e Part of Tax Parcel No. 22-09-0539-016 TillS INDENTURE, MADE THE ~~ day of ~ (2005) , two thousand five BETWEEN SAMUEL M. SIMMONS, III, Executor of the Last Will and Testament of SAMUEL M. SIMMONS, JR., late of Monroe Township, -Cumberland County, Pennsylvania, party of the first part, and KENNETH L. HURLEY and DEBORAH A. HURLEY, husband and wife, of Mechanicsburg, Cumberland County, Pennsylvania, parties of the second part: WHEREAS, the said Samuel M. Simmons, Jr. by his Last will and Testament, duly proved and recorded in the Cumberland County Register of Wills Office, Pennsylvania, in Docket Book 21-05- 0139, Letters Testamentary being issued on February 10, 2005, provided, in pertinent part, as follows: 4. I nominate, -constitute and appoint my son, Samuel M. Simmons, III, Executor of this my Last Will. NOW THIS INDENTURE WITNESSETH, that the said party of the first part, by virtue of the power and authority aforesaid, in said Will contained, and ~n consideration of the sum of Fifteen Thousand Dollars ($15,OOO.00) to him paid by the said parties of the second part, at and before the ensealing and delivery of these presents, the receipt whereof is hereby acknowledged, has granted, bargained, sold and conveyed, and does hereby grant, bargain, sell and convey to the said parties of the second part, their heirs and assigns forever: ALL THAT CERTAIN piece or parcel of land situate in Monroe Township, Cumberland County, Pennsylvania, bounded and described as follows, to wit: e e BEGINNING at a point in the center line of Locust Point Road (SR 1007), said point being on the dividing line between Lot Nos. 5 and 6 on the hereinafter mentioned Plan of Lots; thence along the center line of Locust Point Road (SR 1007) North 28 degrees 18 minutes 30 seconds West, seventy-one and seventy-eight one- hundredths (71.78) feet to a point; thence continuing along the center line of Locust Point Road (SR 1007) North 28 degrees 13 minutes 33 seconds West, two hundred thirteen and sixty-eight one-hundredths (213.68) feet to a point; thenoe along lands now or formerly of Samuel M. Simmons, Jr., .North 60 degrees 59 minutes 18 seconds East, five hundred thirty-five and forty-two one-hundredths (535.42) feet to a point; thence along lands now or formerly of Donald E. Whitman, South 37 degrees 39 minutes 38 seconds East, one hundred nine and eight one-hundredths (109.08) feet to a point on the dividing line between Lot Nos. 5 and 6 on the hereinafter mentioned Plan of Lots; thence along said dividing line the following courses and distances: South 23 degrees 05 minutes 34 seconds West, one hundred fifty-six and twenty-three one-hundredths (156.23) feet to a point; thence South 57 degrees 22 minutes 57 seconds West, three hundred thirty-one and eight one-hundredths (331.08) feet to a point; thence South 30 degrees 09 minutes 34 seconds West, one hundred eighteen and sixty-seven one-hundredths (118.67) feet to a point on the center line of Locust .Point Road (SR 1007), the place of BEGINNING. CONTAINING 2.63 acres. BEING Lot No. 5 on the Final Subdivision Plan for Samuel M. Simmons, Jr., dated December 24, 2003, revised January 19, 2004, and further revised March 25, 2004, and recorded in the Office of the Recorder of Deeds of Cumberland County, Pennsylvania, in Plan Book 88, Page 122. BEING the part of the same premise~ which Samuel M. Simmons, Jr., and Celesta E. Simmons, his wife, by their deed dated March 20, 1973, and recorded in the Cumberland County Recorder of Deeds Office in Deed Book ilL", Vol. 25, Page 141, granted and conveyed unto Samuel M. Simmons, Jr., and Celesta E. Simmons, his wife. The said Celesta E. Simmons died on November 28, 1995, whereupon full and complete title to the within described premises became vested absolutely and in fee simple to Samuel M. Simmons, Jr. The said Samuel M. Simmons, Jr. died February 2, 2005. TOGETHER with all and singular the rights, liberties, privileges, hereditaments and appurtenances whatsoever thereunto belonging or e e in anywise appertaining, and the reversions and remainders, rents, issues and profits thereof, and all the estate, right, title, interest, property, claim and demand whatsoever of the said Samuel M. Simmons, Jr. at and immediately before the time of his decease, in law or equity or otherwise howsoever, of, in, to or out of the same: TO HAVE AND TO HOLD the said granted premises to the said parties of the second part, their heirs and assigns f~rever. AND the said party of the first part, does covenant, promise, grant and agree, to and with the said parties of the second part, their heirs and assigns, by these presents, that the said party of the first part, has not done, committed, or knowingly or willingly suffered to be done, any act, matter or thing what- soever, whereby the premises aforesaid, or any part thereof, is, are, shall or may be charged or encumbered, in title, charge or estate, or otherwise howsoever. IN WITNESS WHEREOF, the said party of the first part has here- unto set his hand and seal the day and year above written. Signed, Sealed and Delivered f/t:Ji;fjce of .f ~\ ~ \' J..~ IT] j;~ fC(~EAL} Samuel M. Simmons, III, Executor of the Estate of Samuel M. Simmons, Jr. e e COMMONWEALTH OF PENNSYLVANIA SS. COUNTY OF CUMBERLAND On this, the J.IJ fl..-day of ~ ' 2005, before me, the undersigned officer,. personally appeared Samuel M. Simmons, III, known to me (or satisfactorily proven) to be the person described in the foregoing instrument, and acknowledged that he executed the same in the capacity therein stated and for the purposes therein contained. . IN WITNESS WHEREOF, I hereunto set my hand and official seal. /t-<.rl" ~ ~~. Notary Public .- My Commission Expires: NOTARIAL SEAL CAROL A. BOGAR, NOTARY PU8UC SHIREMANSTOWH BORa. CUMBERlAND CQ. MY COMMISSION EXPIREs NOt 13. 2007 (SEAL) CERTIFICATE OF RESIDENCE I do hereby certify that the precise residence and complete post office address of the within named grantees is: ,2005 Attorney for Grantees -- - 1..-": e e ~ F'" SSOCIA TES, INC. . \...- r~ .. r ,- l L APPRAISAL REPORT ~.. li U..-.'". L ::. i IT."~".." ". l' a FOR S I f\I1l\11C> NS \...- l.. ~ e SI~ONSFARM e HOUSE ~;~~~~~~~~:~:~~-~-~~ L ...'::"_::-:._~~.'"_ . F:i~:,~~crs~?~\~~~~:_, ';-' ~ . "'?'''-/'7-'--' -. '--',~,.,,~. ''''^~-'.'''._''-'~--~ - ".>.~....,~,-. ,~..." FARMSTEAD -- - SECO~ I!-OUSE ,.' -- ,/y &" ~/ -- - .__..---- .--.- - r. e SIMMONS HOUSE e BANK BARN ~ f '/!'I 'i.~ ~ BANK BARN AND SHED .. ~ I e SIMMONS FARM e ,-- r l BANK BARN IMPLEMENT SHED r e SIMMONS FARM e _:......' -- FIELDS FIELDS It SIMMONS FARM e . ~ . . \ . FIELDS FIELDS := e sIMMONS FARM e FIELDS , . \. J.--:- l~ :~ t. P t i , ~ f -: L.' i i. . ~ , Omi 15 Copyright e 1988-2003 Microsoft Corp. and/or its suppliers. All rights reserved. hllp:llwww.microsoll.comlstreets e Copyright 2002 by Geographic Data Technology, Inc. All rights reserved. e 2002 Navigation Technologies. All rights reserved. This data includes information taken with permission from Canadian authorities e 1991.2002 Government of Canada (Statistics Canada and/or Geomatics Canada), all rights reserved. LOCAT\ON MAP . . ~~' .."," ~, " ,\ " #" 1U " ,,,' ' " ~ '..1fi~ ~ 'Ji\ ,if',' r;.. ~' f"'~' ~ -, ,;, 1 ,/ '\J(<1W\'~' /[j'{ ]7"'~ \!~\\,~~~Q 'RihjJ'~~')\\) iY \,g~ / I r ,A, ,,~ ~9 ! 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" . - r. . e e Limited Real Estate Appraisal Summary Report of Samuel M. Simmons Estate Farm 1 South Locust Point Road Mechanicsburg, P A 17055 Cumberland County, Pennsylvania 158.31 Acres r .~ , L r- L r7 [ ow. r~ ; i L l. Intended User: James D. Bogar, Esquire (Client) One West Main Street Shiremanstown, P A 17011 Prepared By: Agrarian Associates Inc. 243 South 8th Street, Suite 2 Lebanon, P A 17042 , . Effective Date of Appraisal: February 2, 2005 Date Submitted: April 25, 2005 ,._~ , . r~ L r b E F L i. I.., l , e -APPRAISAL DIVISION 243 S. 8th Street, Suite 2, Lebanon, PA 17042 (717) 228-1510 FAX: (717) 228-1512 e-mail: agrarian@nbn.net SSOCIATES, INC. BRIAN D. PEDRICK, IFAA PA. State Certified General Appraiser License #GA-001200-L April 25, 2005 Mr. James D. Bogar, Esquire One West Main Street Shiremanstown, P A 17011 Dear Mr. Bogar: In accordance with your request for appraisal of the Samuel M. Simmons estate property located at 1 South Locust Point Road, Mechanicsburg P A, I have estimated the market value of the 158.31 acres and improvements to be as follows: As Is ***One million one hundred thousand dollars*** $1,100,000 The interest being appraised is a fee simple estate. The effective date of appraisal is February 2, 2005, the date of Mr. Samuel M. Simmons death. I have made a careful study of the property and all related data and information documented in the report. I have considered all appropriate approaches to value and have complied with the intent and purposes of the Uniform Standards of Professional Appraisal Practice (USP AP) and procedures and regulations pertaining to this Limited Summary appraisal. I trust that you will fmd this report complete and to your satisfaction. If you have questions, feel free to contact me any time. . \ (.. . ~---._--- ------ Brian D. Pedrick, IF AA P A State Certified General Appraiser License # GA-001200L SPECIALIZING IN CERTIFIED: FOR NON-BIASED:. . Fair Market Values . Agricultural-Use Values . Conservation Easement Values . Marketing . Taxation Estate Planning . Settlements . r.... CERTIFICATE OF APPRAISER: e e I certify that, to the best of my knowledge and belief. . . The statements of fact contained in this report are true and correct. The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions and are my personal, impartial, and unbiased professional analyses, opinions, and conclusions. I have no present or prospective interest in the property that is the subject of this report and no personal interest with respect to the parties involved. I have no bias with respect to the property that is the subject .of this report or to the parties involved with this assignment. My engagement in this assignment was not contingent upon developing or reporting predetermined results. , . i . My compensation for completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value opinion, the attainment of a stipulated result, or the occurrence of a subsequent event directly related to the intended use of this appraisal. ,- L r. L My analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice and the Standards of Professional Practice of the National Association of Independent Fee Appraisers. f . i . I (Brian D. Pedrick) have made a personal inspection of the property that is the subject of this report. \. .~ No one provided significant real property appraisal assistance to the person signing this certification. t . Based on all elements that could reasonably affect the value of the Samuel M. Simmons Estate property and considering the Assumptions and Limiting Conditions contained herein, I have estimated the market value of the subject property, as of February 2, 2005, of: As Is ***One million one hundred thousand dollars*** $1,100,000 e-..~ a,~~tc \:i'\J)~t Brian D. Pedrick, IFAA A1igelaM. Wright PA State Certified Ge~eral Appraiser Appraiser's Assistant License # GA-001200-L April 25, 2005 April 25, 2005 1 ,... t '. L r li F ~ r~ L I ,,~ l'o e e STATEMENT OF LIMITING CONDITIONS TillS REPORT, INCLUDING THE CERTIFICATION CONTAINED HEREIN, IS MADE EXPRESSLY SUBJECT TO THE FOLLOWING LIMITING CONDITIONS: (1) The report is not an authorized copy unless it is signed in blue ink. (2) Possession of this report, or a copy thereof, does not imply the right of publication nor the right of use for any purpose by anyone other than the client to whom it is addressed, without the written consent of the appraiser. (3) Neither all nor any part of the contents of this report shall be conveyed to any person or entity, other than the appraiser's or firm's client, through advertising, solicitation materials, public relations, news, sales, or other media without the written consent and approval of the authors, paI1icularly as to valuation conclusions, the identity of the appraiser or firm with which the appraiser is connected, or any reference to the appraiser's affiliation with any professional appraisal organization or designation. Further, the appraiser or firm assumes no obligation, liability, or accountability to any third party. If this report is placed in the hands of anyone but the client, client shall make such party aware of all the assumptions and limiting conditions of the assignment. (4) The use of this report is subject to the requirements of the National Association of Independent Fee Appraisers, as relating to review by their individual duly authorized representatives. Further, the disclosure of the contents of this report is governed by the By-Laws and Regulations of the National Association of Independent Fee Appraisers. (5) This report shall be used in whole and not in part. The loss or removal of any portion of the report invalidates the entire report. (6) The appraiser and/or firm, by reason of this report, shall not be required to give testimony or be in attendance in any court, administrative hearing or any conferences pertaining to such, unless proper notice, arrangements and compensation terms are made in advance. (7) The appraiser and/or firm by reas,?n of this report, shall have no obligation to revise the conclusions presented herein in order to reflect events and/or conditions occurring subsequent to the date of valuation. (8) The appraiser and/or firm reserves the right to review, and revise if necessary, his judgments and conclusions on the basis of information withheld or not discovered in the normal course of diligent investigation. (9) The appraiser and/or firm has no responsibility for matters of a legal nature, questions of survey, opinions as to title, soil or sub-soil conditions, engineering or other technical matters. (10) The property is assumed to be free and clear of all liens, encumbrances and defects of title, except those specifically cited within this appraisal report. (11) Marketable title, competent management, responsible ownership and compliance with all governmental regulations and controls are assumed, unless specifically cited otherwise within this appraisal report. (12) The appraiser and/or firm assumes that all required licenses and/or permits, consents or other legislative or administrative authority from any local, state or national government or private entity or organization have been or can be obtained or renewed for any use on which the value estimate(s) contained within this report are based. This also assumes a timely manner without unusual cost. Unless otherwise specifically cited in this appraisal report. ii ~~-~ "'.~ V" f I U: r be ti r . i: L I : L. '-- L.. ,- . ,. -- e STATEMENT OF LIMITING CONDITIONS (13) The appraiser and or firm assumes that there are no hidden or unapparent conditions of the property, sub-soil or structures which would render it more or less valuable than otherwise competitive/comparable property. The appraiser and or firm also assumes no responsibility for such conditions or engineering studies which might be required to discover such conditions. (14) Any sketches, maps or other exhibits prepared by the appraisers and illustrated within this report are included solely to aid the reader in visualizing the property and/or its location, and should not be construed as surveys or engineering drawings. (15) Each value estimate, fmding, prediction, assumption or conclusion contained within this report is that of the appraiser's and is not to be considered as an assurance that an evenrwill or will not occur. The value estimate is based upon appropriate research and applicable appraisal techniques; in that, by its nature, the appraisal of real estate is not an exact science, the end result is an opinion with which others may differ; the final estimate of value is not guaranteed and no warranty is implied or intended. (16) The current (effective date of appraisal) purchasing power of the U.S. dollar is the basis for the value estimate; no extreme fluctuations in economic cycles are anticipated. (17) Any allocation of value to the land and/or improvements contained within this report are based on the current program of utilization and are constituent parts of the total value reported. Neither allocation may be used in making a summation report by combining component values created by others. Either will be invalidated if so used. (18) If the property rights appraised herein relates to an estate that is less than the whole fee simple estate and is a fractional interest only, the value of the fractional interest plus the value of all other fractional interests may or may not equal the value of the whole fee simple estate. (19) . No consideration has been given to any furniture, trade fixtures, special equipment, personal property, the present worth of any business or enterprise and/or inventories that may be located on the subject property which are not normally considered part of the real estate. Any discussion of those items is for reference purposes only, and the appraiser and/or firm accepts no responsibility for the valuation of those items. (20) It is assumed that no ruins, artifacts or items of historical or archaeological significance have been discovered or exist on the subject property. (21) The Americans with Disabilities Act (ADA) became effective January 26, 1992. The appraiser has not made a specific compliance survey and analysis of the subject property to determine whether or not it is in conformity with the various detailed requirements of the ADA. It is possible that a compliance survey of the property together with a detailed analysis of the requirements of the ADA could reveal that the property is not in compliance with one or more of the requirements of this act. If so, this fact could have a negative effect upon the value of the property. Since the appraiser l)lld/or firm has no direct evidence relating to this issue, they did not consider possible noncompliance with the requirements of ADA in estimating the value of the property. iii r- . r' r~ , ~ CO' \.....:;;. r b IT r- , t. L f r ~... 4:..& (22) (23) (24) (25) (26) (27) e e STATEMENT OF LIMITING CONDITIONS Unless otherwise stated in this report, the existence of potentially hazardous substances, including without limitation asbestos, polychlorinated biphenyl, petroleum leakage, or agricultural chemicals, which mayor may not be present on the property, or other environmental conditions, were not called to the attention, nor did the appraiser and/or firm become aware of such conditions during their inspection. The appraiser and/or firm has no knowledge of the existence of such materials on or in the property unless otherwise stated. The appraiser and/or firm, however, is not qualified to test such substances, such as asbestos, urea formaldehyde foam insulation, or other hazardous substances or environmental conditions, which may affect the value of the property. The value estimated is predicated on the assumption that there is no such condition on or in the property or in such proximity thereto that it would cause a loss in value. No responsibility is assumed for any such conditions, nor for any expertise or engineering knowled~e required to discover them. It is assumed that no waste dumping of disposal activities have occurred upon the subject property; that there are no underground storage tanks situated on the subject property; and no activities have occurred or conditions been maintained on adjacent lands which have resulted in the contamination of the surface water, ground water or soils at the subject property, unless otherwise stated in the report. Unless otherwise stated in the report. If required, any environmental impact statement prepared for the subject property is assumed favorable and will receive approval from the appropriate regulatory bodies. To the best of the appraiser's and/or firms knowledge and belief, the information furnished to the appraiser or firm, and the statements of fact contained in this appraisal report, and upon which the analyses, opinions, and conclusions are expressed herein are based, are true and correct, subject to a reasonable effort having been made to verify such information. It is assumed by the appraisers, the proposed construction (if any) will be completed in a good workman like manner, in compliance with all applicable building codes and government regulations, and in a timely fashion. Acceptance of and/or use of this appraisal report constitutes acceptance of the foregoing assumptions and limiting conditions along with any other assumptions and/or conditions cited within the body of the report. (28) It is assumed by the appraisers that the property, if improved is served by an adequate and potable water source and that any waste disposal systems such as septic systems are permitted and functioning properly. (29) This is a summary appraisal report which is intended to comply with the reporting requirements set forth under Standards Rule 2-2(b) of the Uniform Standards of Professional Appraisal Practice (USP AP). As such, this report presents only compendious discussions of the data, reasoning, and analysis that were used in the appraisal process to develop the appraiser's opinion of value. Supporting documentation concerning the data, reasoning and analysis is retained in the appraisers' work files. The depth of discussion contained within this report is specific to the needs of the client and the intended use of the document. The appraisers are not responsible for unauthorized use of this report. iv Form FmHA 1922-1 (Rev. 10-99) File No. A504022A eNITED STATES DEPARTMENT OF AG_LTURE FARM SERVICE AGENCY APPRAISAL REPORT - FARM TRACT State Pennsylvania County Cumberland Owner/Applicant Samuel M. Simmons Estate Legal Description and Number of Acres 158.31 Acre Farm, Monroe Township Deed: 25L-141 Parcel: 22-09-0539-016 Purpose and Intended Use of Appraisal Estate Settlement Purposes Effective Date: February 2, 2005, the Date of Samuel M. Simmons Death Rights Appraised ~ Fee Simple 0 Leasehold D Other Highest and Best Use of Property AQricultural/Residential Extent of process See Attachments PART:2. -GENERAUNFDRMAllDN ~ .> ^ A. lOCATION NAME OF NEAR TOWN MechanicsburQ DIRECTION FROM TOWN West MILES FROM TOWN 2-3 MILES FROM NEAR, SCHOOL <5 MILES FROM NEAR, CHURCH N/A l_ B. ROADS AND COMMUNITY CONDITION OF ROADS KIND OF FARM ROAD Dirt/Gravel MILES TO NEAR, PUBLIC GRAVEL OR H-S ROAD 0 RIGHT-OF-WAVTO FARM :8J YES ~ FARM, DIST. CONDITION ' : E Z G U F TYPE OF FARM, IN COMMUNITY Dairy, Horse,General NO ::Jp ';EZGU F II P ,'. r I , L:.; C. FARM SERVICES [:gj R.F.D. ~ PHONE MILE FROM ELEV. <10 ~ POWER LINE ~ MILK ROUTE GINS _ MKTG. FACIL. <10 L. D. COMMUNITY FACTORS FARM COMPARED WITH AVERAGE IN COMMUNITY LOCATION ::g:] AVG. !; BmER j; POORER DESIRABILITY :8;j AVG. ; 'BETTER _ POORER SALABILITY ~ AVG. ~ BETTER ! POORER RENTABILITY ~ AVG. _ BETTER !--.J POORER E. CONDITION OF LAND GENERAL FERTILITY NOXIOUS None WEEDS: Controlled LAND NEEDS: DRAIN 0 AC LEVEL 0 OTHER (SPECIFY) IRRIGATED* No Land Value/Acre: 6948 BuildinQ Value/Acre: 0 'V r--o 6E_G; F_P AC CONTOUR 0 AC AC AC, NAME OF IRRIGATION DIST. * Attachments as needed F. NATURAL RESOURCES* C MINERALS* C TIMBER U OTHER (SPECIFY) G. WATER* == OIL OR GAS I ! GRAVEL SOURCE WELL DEPTH CONVENIENT ADEQUATE DEPENDABLE QUALITY ACCEPTABLE i FARMSTEAD i PASTURE AND I FAMIL V USE LIVESTOCK I CROPLAND I Wells Wells I ! unknown unknown I iZ vi: N ~ V!.-J NIL.; i:g VU N :gj VLi NjU iZ YON: Y ~ N I: 'Z: V=:; N 6 Vn Nil...J V~ N V,~ N V > ! N V ~j N H. HAZARDS, DETRIMENTS AND LIMITING CONDITIONS* C IDENTIFIED HISTORICALlARCHAELOGICAL SITES C WETLAND * ACRES n UNDERGROUND STORAGE TANKS D CONSERVATION EASEMENT 0 ACRES U HAZARDOUS WASTES o MUDSLlDE AREA o HIGHLV ERODIBLE LAND SeeFSA ACRES o FLOOD PLAIN ACRES n OTHER (SPECIFY) COMMENTS *Property does have soils listed as hydric or as havinQ hydric inclusions. % % I. OWNERSHIP HISTORY* DATE BOUGHT 1973 ACRES 158.31 PRICE $ 1.00 CHANGES: QAIE ~~ $ COMMENTS J. TYPICAL RENTAL TERMS ANNUAL RENT $ SHARE K. TAXES ASSESSED VALUE $ 237,320 ASSES. RATE 100 MIL LEVY 12.588 CASH $ 70-100/Acre % PROD. DIY. REAL EST. TAXES(yr)2005 % $ 2,987 C&G SPEC. IMPROVE DIST. TAXES. $ .. Form F01 - "TOTAL for Windows" appraisal software by a la mode, inc. -1-800-ALAMODE Page 1 of 5 U D - Form FmHA 1922-1 (Rev. 10-99) f' - i .T2. I::DN1RIB1JTORYVAUJEDFBUllDJNGS JMP.RDVED .'~. .~, ''t- KINlJ SIZE CONDI- USEFUL 1 DEPRECIATED OF DIMENSION TION LIFE . REPLACEMENT CON- KIND FOUN- OR AREA OF REPLACE- REMAIN- VALUE YEAR STRUC- OF DA- OF GROUND STOR- BUILD- MENT ING (Insurance CONTF.lBUTORY KIND OF BUILDING BUILT TION ROOF TlON FLOOR IES ! ING COST (yrs. or %) Coverage) VALUE (1) (2) (3) (4) (5) (6) (7) I (8) I (9) (10) (11) I (12) A. DWELLING I ,$ i$ :$ B. NO VALUE I ! ! I I I , , I C. , i , I I I , I D. I I E. I I I F. I I I I I 1 I I i G. , I H. i I I i I ! I I. I I . i J. i I I I i K. I I I I . I I L. ! I i i I I I I TOTALS I I ! i I I i (ADD AN ATTACHMENT IF ADDITIONAL SPACE IS NEEDED TO DESCRIBE BUILDINGS) BUILDING CONTRIBUTORY VALUE PER ACRE $ _~,:<.(::tl'" . " . . . . J. . =--"1 toll . !,:~ 1."'1' DATE SALE PRICE . ADJUSTMENT FACTORS ADJUSTED VALUE OF IDENTlRCATlON TOTAL I PER I LOCA- I BUILD- i PER SALE OF PROPERTY ACREAGE TOTAL ACRE TION LAND I INGS , TIME OTHER ACRE TOTAL ! I I I I I I I (1) I (2) (3) (4) (5) (6) (7) ! (8) (9) (10) (11) I (12) 12/04 I McNaughton 1$ 426,9151$ I !$ _1,0001$ i ! $ I i A. Goodhart 51.1 0 8,355, $ i$ $ 7,355' $ 1, ~ 64,370 11/04 lB. Hempt I 1,000,000 I 9,9051 I -2,500 I I Azizkhan 100.96 7,405 1,172,286 I 1,100,000 I I 3/05 Mumma I i C. Azizkhan 142 7,746 -1,000 i 6,746 1,067,959 9/03 , McNaughton I 814,500 I i I I , D. Baldwin 102.85 7,919 -2,500 i +792 6,211 883,263 IE. I I I I I i I I I I I : I , · INDICATE (+) OR (-) ADJUSTMENT IN DOLLAR AMOUNTS [Subject better add (SBA)] I I I INDICATE (0) OR (=) IF NO SIGNIRCANT DIFFERENCE [Comparable better subtract (CBS)] ! MARKET VALUE I $ 7,000' $ 1:08,170 SEE ATTACHMENT(S) 1922-9 FOR SUPPORTING DATA, DOCUMENTATION, AND COMMENTS PART.4. 1.ANDANDBUIlDJNGS ; " : ,.. ( , LJ r~ L. ~ I , U f . i '--- I , l ;. COMMENTS ON ADEQUACY AND APPROPRIATENESS OF BUILDINGS TAKING INTO CONSIDERATION PLANS FOR BUILDING CONSTRUCTION OR REPAIR INCLUDING COST (ESTIMATED) Buildings include 3 older, unrestored dwellings, three bank barns and a few misc sheds. All three houses do not contribute to the overall value of the property. It would not be economically feasible to renovate the dwellings due to the considerable work needed and less than L.: ideal location of the dwellings. Barns and sheds also do not add to the property due to the lack of habitable dwellings, and marginal COMMENTS ON CONDITION OF LAND TAKING INTO CONSIDERATION PLANS FOR LAND IMPROVEMENTS INCLUDING COST (ESTIMATE) Farm is a total of 158.31 acres with about 130 tillable (82%). Tillable soils include Hagerstown and Huntington Series. Slopes are 0-15%. Soils are Iimesto~e based and have excellent productivity. Productivity estimated at ,93 compared to the best county soils. Non-tillable land includes about 5 wooded acres and about 17 acres of rocky pasture. Property has excellent public road frontage. Property zoned Agricultural which requires minimum 2 acre lot area. Nitrate levels could dictate larger lot sizes. Property does have strong non-agricultural development potential. Various development scenarios are beyond the scope of this appraisal and would be dependant upon engineering work that has, not been performed. Property in Clean and Green, in Ag Security Area and managed in accordance with an NRCS Conservation Plan. Development of property would violate Clean and Green and cause a roll-back assessment. Form F01 - "TOTAL for Windows" appraisal software by a la mode, inc. -1-800-ALAMODE Page 2 of 5 r . f~ I L p L IT r-=' L rc i.. L r-:- '..r Form FmHA 1922-1 .(Rev. 10-99) , PARTS. CAPlTAUZATJON(INCOME)A1'P.F ~HY.~ 1\" >n' '..1-..."... .~ .:....,_ CROPS ACRES YIELD PER ACRE (3) TOTAL PRODUCTION PRICE PER UNIT (5) I I 2.65, $ GROSS VALUE (6) AMOUNT (1) (2) (4) Corn 130 126 16380.00 FARMSTEAD, DWELLING RENTAL 6 CASH RENT WOODLAND 5 WASTELAND, ROADS,ETC PERMANENT PASTURE 17.31 TOTALS 158.31 (8) DEDUCTIONS REAL ESTATE TAXES AND ASSESSMENTS INSURANCE COSTS ON BUILDINGS MAINTENANCE COSTS BUILDINGS, FENCES. WATER SUPPLY; TILE OPERATING AND MAINTENANCE COSTS FOR IRRIGATION AND DRAINAGE ANNUAL PAYMENTS ON BONDED DEBTS OTHER DEDUCTIONS (SEEDS, CROP INSURANCE, WATER CHARGES, FERTILIZER. LIME SPRAY MATERIAL, HAULING, HARVESTING, GINNING, AND MARKETING EXPENSES). Corn Expenses 157/Acre Pasture Expenses 30/Acre TOTAL DEDUCTIONS (9) NET FARM INCOME 43407.00 LANDLORD S RETURN CASH AND/OR RENTAL SHARE (7) RATE OR % VALUE (7a) (7b) !s 100 43407.00 (Rent per month) $ 23917.00 20529.00 1,109,676 1109676 (10) CAPITALIZATION RATE 1.85 % (11) CAPITALIZATION VALUE PER ACRE S 7,010 CAPITALIZATION VALUE TOTAL CAPITALIZATION VALUE (INCLUDING MINERALS) (12) VALUE OF MINERALS (If not included in above CAP Rate) 13 CAPITALIZATION RATE SELECTION COMPARABLE RATE COMMENTS A. 2.18 % Superior Soils, Greater % Till, Smaller Tract, Same Zoning B. 1.59 % i Superior Soils, Greater % Till, Superior Zoning, Buildings No Value I C. 1.88 % : Similar Soils, Greater % Till, Superior Zoning D. 1.45 % ! Slightly Inferior Soils, Greater % Till, Superior Zoning, Buildings No Value E. % I Form F01 --:- "TOTAL for Windows' appraisal software by a la mode, inc. -1-80Q-ALAMODE Page 3 of 5 Fonn FmHA 1922-1 (Rev. 10-99) r '. ,. PARHi. SlJMMATJON(CDSJ}A'PPRD. ' ,,( . ~. VALUE r . r - t _ USE OF LAND (1) ACRES (2) SOIL DESCRIPTION (3) DEPTH OF TOPSOIL (4) h 0-12" 18-10" I SiltLoam i SiltLoam SiltLoam TOPOGRAPHY (6) PER ACRE (7) TOTAL (8) CROPLAND 1130 I KIND OF SUBSOIL (5) HaA,HuA I HaB,HcB I IHcC,HaC I I I ~ ,6-8" 0-3% 3-8% 18-15% I I 7,300 $ 949,000 TOTAL CROPLAND PERM. PASTURE 1130 117.31 !$ IHdD IHdB I IHaC,HcC IHaB I VALUE INDICATION - MARKET DATA APPROACH (SALES COMPARISON) VALUE INDICATION - CAPITALIZATION (INCOME) APPROACH VALUE INDICATION - SUMMATION (COST) APPROACH MINERAL CONTRIBUTION I SiltLoam I SiltLoam 1 SiltLoam i SiltLoam RECOMMENDED MARKET VALUE (LAND AND MINERALS) ($ 6,948 IAcre) Note: The Recommended Market Value Includes the mineral contribution from Form FSA 1922-11, if any. I I 15-25% 3-8% I 5,000 I 86,550 WOODLAND FARMSTEAD ROADS, ETC. TOTALS ! 158.31 CONTRIBUTORY VALUE OF BUILDINGS AS IMPROVED (OBTAIN TOTAL FROM PART2, COLUMN 12) MINERAL ACRES OWNED VALUE OF MINERALS (per acre) SUMMATION VALUE OF FARM :5 I 16 I ! 8-15% 3-8%. 4,500 7,300 22,500 43,800 I MARKET VALUE OF LAND I $ i 1$ TOTAL CONTRIBUTORY VALUE OF MINERALS ! $ (PER ACRE $ 6,960) $ 1,101,850 1,101,850 r- PART7_ RECOMMENDEDJVIA'RKETVA1.lJEDFFARM ; ". - r~ L r' L $ $ $ $ r:-- I $ 1,108,170 1,109,676 1,101,850 1,10~ PARTB.~OMMENl5 ; ~ l ~. l~ SEE ATTACHMENTS Addenda FOR SUPPORTING DATA, DOCUMENTATION AND COMMENTS I CERTIFY THAT, TO THE BEST OF MY KNOWLEDGE AND BELIEF: THE STATEMENTS OF FACT CONTAINED IN THIS REPORT ARE TRUE AND CORRECT. THE REPORTED ANALYSES, OPINIONS, AND CONCLUSIONS ARE LIMITED ONLY BY THE REPORTED ASSUMPTIONS AND LIMITING CONDITIONS, AND ARE MY PERSONAL IMPARTIAL, AND UNBIASED PROFESSIONAL ANALYSES, OPINIONS, AND CONCLUSIONS. I HAVE NO (OR THE SPECIFIED) PRESENT OR PROSPECTIVE INTEREST IN THE PROPERTY THAT IS THE SUBJECT OF THIS REPORT, AND NO (OR THE SPECIFIED) PERSONAL INTEREST WITH RESPECT TO THE PARTIES INVOLVED, I HAVE NO BIAS WITH RESPECT TO THE PROPERTY THAT IS THE SUBJECT OF THIS REPDRT OR TO THE PARTIES INVOLVED WITH THIS ASSIGNMENT. MY ENGAGEMENT IN THIS ASSIGNMENT WAS NOT CONTINGENT UPON DEVELOPING DR REPORTING PREDmRMINED RESULTS. MY COMPENSATION FOR COMPLETING THIS ASSIGNMENT WAS NOT CONTINGENT UPON THE DEVELOPMENT OR REPORTING OF A PREOffiRMINOED VALUE OR DEIRECTlON IN VALUE THAT FAVORS THE CAUSE OF THE CLIENT, THE AMOUNT OF THE VALUE OPINION, THE ATTAINMENT OF A STIPULATED RESULT, DR THE OCCURANCE OF A SUBSEQUENT EVENT DIRECTLY RELATED TO THE INTENDED USE OF THIS APPRAISAL. MY ANALYSES, OPINIONS, AND CONCLUSIONS WERE DEVELOPED, AND THIS REPORT HAS BEEN PREPARED, IN CONFORMITY WITH THE UNIFORM STANDARDS OF PROFESSIONAL APPRAISAL PRACTICE. I iZI HAVE 0 HAVE NOT MADE A PERSONAL INSPECTION OF THE PROPERTY THAT IS THE SUBJECT OF THIS REPORT. OF MORE THAN ONE PERSON SIGNS THE REPORT, THIS CERTIFICATION MUST CLEARLY SPECIFY WHICH INDIVIDUALS DID AND WHICH INDIVIDUALS DID NOT MAKE A PERSONAL INSPECTION OF THE APPRAISAL PROPERTY.) NO ONE PROVIDED SIGNIACANT PROFESSIONAL ASSISTANCE TO THE PERSON SIGNING THIS REPORT (IF THERE ARE EXCEPTIONS, THE NAME OF EACH INDIVIDUAL PROVIDING SIGNIACANT PROFESSIONAL ASSISTANCE MUST BE STATED.) CONTINGENT AND LIMITING CONDITIONS SlAIEMENT' THE APPRAISER IS NOT QUALIFIED TO VERIFY OR OffiCT THE PRESENCE OF HAZARDOUS SUBSTANCES BY VISUAL INSPECTION OR OTHERWISE, NOR QUALlAED TO DmRMINE THE EFFECT,IF ANY, OF KNOWN OR UNKNOWN SUBSTANCES PRESENT, UNLESS OTHERWISE STATED ON THIS FORM OR AN ATTACHMENT HERETO. THE FINAL VALUE CONCLUSION IS BASED ON THE SUBJECT PROPERTY BEING FREE OF HAZARDOUS WASTE CONTAMINATIONS, AND IT IS SPECFICALLY ASSUMED THAT PRESENT SUBSEQUENT OWNERSHIPS WILL EXERCISE DUE DILIGENCE TO ENSURE THAT OTHERWISE CONTAMINATED. DATE OF INSPECTION 4/22/05 EFFECTIVE DATE 2/5/05 THIS APPRAISAL CONTAINS ATTACHMENTS Addenda REVIEWED BY DATE Form F01 - ''TOTAL for Windows" appraisal software by a la mode, inc. -1.800-ALAMODE Page 4 of 5 Cumberland File No. A504022A ,...- Code 17055 PROPERTY HISTORY OF SUBJECT PROPERTY r In developing a real property appraisal, when the value opinion to be developed is market value, an appraiser must, if such information is available to the appraiser in the normal course of business: (a) analyze all agreements of sale, options, or listings of the subject property current as of the effective date of the appraisal. (b) analyze all sales of the subject property that occurred within the three (3) years prior to the effective date of the appraisal. . The appraiser has attempted to obtain specific information on the subject property with the following findings: o The subject property has had no change of ownership in the past three (3) years. iZI The subject property has had no change of ownership in the past five (5) years. n The subject property is currently under contract. Details of the pending purchase are summarized below. [J The subject property is currently offered for sale: The listing price is $ U The subject property has been sold in the past three (3) year period. Details of the previous sale(s) are disclosed below. SalelRecordino Date Sales Price Ustl Askina Price Grantor/Grantee Data Source o The subject property is proposed construction and is not currently being offered. o A previous sales history of the subject property could not be obtained by the appraiser in the normal course of business. Comments: Farm not listed for sale or pendinQ sale. . . -. .- r L r- r~ ~ r'~ I . . 1"'.... e e Page 1 1. PURPOSE OF APPRAISAL AND DEFINITION OF VALUE: The purpose of this appraisal is to estimate the Market Value for the subject property . A current economic definition agreed upon by agencies that regulate federal financial institutions in the United States of America and contained in the 2003 edition of the Uniform Standards of Appraisal Practice is: 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 and knowledgeably, and assuming the price is not affected by uIidue 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; I ..........; (-- 2. both parties are well informed or well advised, and acting in what they consider their own best interests; i . ~ i ; L 3. a reasonable time is allowed for exposure in the open market; r -'I:. 4. payment is made in terms of cash in United States dollars or in terms of financial arrangements comparable thereto; and L \,'J 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. 2. SCOPE OF THE APPRAISAL c . The Client has requested that the appraisers develop and prepare a "Limited - Summary Appraisal Report" that is in compliance with the requirements of the Uniform Standards of Professional Appraisal Practice (USPAP). This appraisal has been prepared in a narrative format in conformance with the applicable standards. The . values contained within this appraisal are subiect to the Assumptions. Limiting Conditions and Certificate. as previously cited. A "Limited Appraisal Report" is defined within the Uniform Standards of Professional Appraisal Practice (US PAP) as presented below: r' ,Page 2 \....... , '- r , t.."" ,-, ! L. ( . e e "The act or process of estimating value or an estimate of value perfonned under and resulting from invoking the Departure Provision. " This appraisal report is the result of a limited appraisal process in that certain allowable departures from the specific guidelines of the Uniform Standards of Professional Appraisal Practice (USP AP) were invoked. The intended user of this report is alerted that the reliability of the value conclusions provided herein, may be impacted to the degree there is departure from specific guidelines of the Uniform Standards of Professional Appraisal Practice (USPAP). Whereas, a "Summarv Appraisal Report" is defined witpin the Uniform Standards of Professional Appraisal Practice as presented below: "A written report prepared under Standards Rule 2-2 (b) of a Complete or Limited Appraisal perfonned under Standard 1.". Comment: The full extent of the process may not be apparent to the reader in the contents of the report. A Summarv Appraisal Report, presents only compendious discussions of the data, reasoning, and analysis that were used in the appraisal process to develop the appraiser's opinion of value.' Supporting documentation concerning the data, reasoning and analysis is retained in the appraiser's work file. The depth of discussion contained within this report is specific to the needs of the client and the intended use of the document. The appraisers are not responsible for unauthorized use of this report. The report is limited to the extent that it provides a very limited description of the subject property and of the valuation process. The Income Approach is also not fully developed in this report. This appraisal report is intended for users that are familiar with the subject market area and with agricultural properties. The report does not include area and neighborhood demographics. The appraiser is invoking the departure provision for these specific requirements. 3. PROPERTY RIGHTS APPRAISED The scope of this valuation assignment requires that the appraiser consider the "Fee Simple Estate" in the subject property. A "Fee Simple Estate" is defined in the Dictionary of Real Estate Appraisal, third edition, published by the Appraisal Institute, as follows: "Absolute ownership unencumbered by an other interest or estate, subject only to the limitations imposed by the government powers of taxation, eminent domain, police power, and escheat. " The "Fee SimDle Estate" is also subject to normal right-of-ways granted to governmental agencies and public utility companies for the placement and maintenance of utility distribution and drainage systems as well as other easements of record. r" {< \ L r \ ti f.:' ~ F f f' lr ~ , Page 3 4. e e IDENTIFICATION OF SUBJECT PROPERTY: The subject property is located in Monroe Township, Cumberland County. The property is identified by deed reference 25L-141 and tax parcel 22-09-0539-016. The property contains 158.31 acres with improvements. The improvements were not considered to contribute to the overall value of the farm. 5. TAXES: The subject has a fair market assessed value of $653,600 and a Clean and Green assessed value of $237,320. The property is enrolled in Clean and Green. The current annual taxes are $2,987 based on a current millage rate of J.2.588 mills for Monroe Township. The annual taxes under the market value assessment are $8,228. 6. ZONING: The subject property is located in the Agricultural District of Monroe Township, Cumberland County. The primary purpose of the district is to promote the economic and profitable continuation of agricultural activities. The district was designed to present minimal impediment or interference with the township's agricultural operations in order to enhance the local farming economy. Permitted uses within the district include: Agriculture, excluding commercial livestock operations Horticulture, and forestry uses Single family dwellings Family day care facilities and home occupations Public and non-profit parks and playgrounds Public uses and public utilities underground structures Retail sales of nursery and garden material with limitations Customary accessory uses Beekeeping, with restrictions Manure storage facilities, with restrictions There are a few other uses permitted by right and also uses peimitted as a special exception and as a conditional use. Commercial livestock operations are permitted as a conditional use. ~-.. f ~ , L r. !., ~ F.o Li. f.~ . . L ( - , i t ... , . e e Page 4 The minimum lot size for single family dwellings is 80,000 square feet. The minimum lot size for agricultural operations is 10 acres for existing operations and 20 acres for new operations. The agricultural ordinance does contain a nuisance disclaimer. This disclaimer provides notice to the non-agricultural inhabitants of the district tl.1at they may be exposed to typical inconveniences of agricultural operations. These inconveniences can include odors, machinery noises, dust and the applications of fertilizer, pesticides and herbicides. Please refer to a copy of the zoning ordinance in the Addenda. 7. ANALYSIS AND CONCLUSIONS: IDGHEST AND BEST USE A critical point of any valuation analysis is the determination of highest and best use of the property being appraised. Highest and Best Use is defined in the Dictionary of Real Estate Appraisal, third edition, published by the Appraisal Institute, as follows: "The reasonably probable and legal use of vacant land or an improved property, which is physically possible,. appropriately supported, financially feasible, and that results in the highest value. The four criteria the highest and best use must meet and legal pennissibility, physical possibility, financial feasibility, and maximum profitability. " In determining the highest and best use of a property, an appraiser takes into account and analyzes the following criteria: Le2allv Permissible - In all cases, an appraiser must determine what uses are legally permissible. Private restrictions, zoning, building codes, historic district controls and environmental regulations must be investigated because they may preclude many potential highest and best uses. Physically Possible - Physical characteristics of the site and improvements may affect the uses to which a property can be utilized. The utility of a parcel may depend on the site's frontage and depth and the improvements layout, design and utility. Financiallv Feasible - In determining which uses are physically possible and legally permissible, an appraiser eliminates some uses from consideration. Then, the uses that meet the fIrst two criteria are analyzed further to determine which are likely to produce an income, or return, equal to or greater than the amount needed to satisfy operation expenses, fmancial obligations, and capital amortization. AIl uses that are expected to produce a positive return are fmancially feasible. e e Page 5 Maximallv Productive - Of the fmancially feasible uses, the use that produces the highest price, or value, consistent with the rate of return warranted by the market for that use is the highest and best use. To determine the highest and best use of the property, the same rate of return is often used to capitalize income streams from different uses into their respective values. This procedure is appropriate if all competing uses have similar risk characteristics. The use that produces the highest value is the highest and best use. Highest and Best Use is analyzed in two parts. First, the property is considered to be vacant and available for development as of the valuation date. Then, the highest and best use of the property as improved and/or proposed to be improved is considered. I . It is to be recognized that in cases where a site has existmg improvements on it, the highest and best use may very well be determined to be different from the existing use. The existing use will continue, however, unless and until land value in its highest and best use exceeds the total value of the property in its existing use. L- r r 1 An interim use is an existing and relatively temporary use where the transition to highest and best use is deferred. A building or other improvement may have many years of remaining life yet may not enhance the value of the land that has a higher use, except as an interim-use improvement while the land is in transition. h E r~. I. , HiQ:hest and Best Use as Applies to Subiect: After considering all the factors that would affect highest and best use including location, zoning, physical characteristics of the site and existing improvements, a determination has been made that the highest and best use of the subject property as vacant and as improved is agricultural use and residential development. l" The subject property is located in a rural/suburban area of Cumberland County. The most common area land uses are agricultural, scattered site residential use and residential development. 't :.l The subject property is a relatively large sized agricultural tract. The property has physical characteristics which would permit potential subdivision. The property has excellent road frontage with good soils and gently sloping topography. There are minimal physical limitations regarding potential non-agricultural uses of the farm. The current agricultural zoning somewhat limits potential non-agricultural uses due to the large lot size required by the zoning. The minimum 80,000 square foot size makes constructing roads and other improvements expensive for the relatively low density permitted under: the zoning. High nitrate levels may also require lot sizes larger than permitted under zoning. In the recent past, most residential lots were subdivided from existing road frontage due to the high cost of installing infra-structure. Due to a relative scarcity of land and increased lot values, infrastructure is now being installed and developments with large lots are becoming economically feasible. , - Page 6 It is important for the reader to understand that the density and type of development possible for the subject property is beyond the scope of this appraisal. Considerable engineering work would be required to determine the physical and legal limitations. This work has not been performed. e e The property has existing improvements that do not have an influence on the highest and best use of the farm. The farm is still in a strong agricultural area where there are a limited number of farms available for purchase and lease. The farm has excellent agricultural soils and a moderate to high percent tillable land. Land not feasible for residential development is well suited for continued agricultural use. The highest and best use of the subject property as vacant and as improved is residential development with an interim agricultural use. 8. MARKET DATA APPROACH: ~ . Four comparable sales were used in this appraisal report. All four sales were in the subject market area and contained features found in the subject. The adjusted values per acre ranged from $6,211 to $7,405. A value of $7,000 per acre was chosen for the subject property. [ 9. CAPITALIZATION APPROACH: r" i L L_ The capitalization rate was estimated by developing a typical income and expense statement for various farming operations in the area. The Penn State Farm Management Handbook was used to determine the typical crop income and expense figures. Market data was used for the rental information. The capitalization rates for the comparables ranged from 1.45% to 2.18%. A rate of 1.85% was selected for the subject. 10. SUMMATION APPROACH: The soil information was obtained from the soil survey. Vacant land sales and farm sales with minimal building value were considered in determining the land value. The Marshall and Swift Valuation Program was used to calculate the replacement and depreciated replacement cost of any subject or comparable improvements. The summation approach was not applicable for this assignment since the subject buildings were not considered to contribute to the overall property value. 11. EXPOSURE TIME: The subject is a relatively large agricultural tract with very good soils and a moderate to hIgh percent tillable land. The farm is located in a desirable rural area where many of the farm and land tracts sold are developed into non-agricultural uses. Estimated exposure time is 9-12 months. Exposure time is estimated by speaking with brokers, auctioneers and parties involved with the comparable sales. , . lj r~ ; , ... ~.... r fJ p r- '-- r. t ! . L.. r-''''' ~-I e e Page 7 12. RECONCILIATION OF MARKET VALUE: The reconciliation of value was based upon the assumption that the Market Approach was the best indication of value because they took into account the actions of buyers and sellers in the market place. The Summation Approach was not applicable. The Market Approach uses sales of competitive properties on the subject marketplace. When similar sales exist, this approach to value is most accurate since it involves the motivations of typical buyers and sellers. The Market and Summation approaches can be interrelated and similar in many cases due to the high percentage of value placed on the land of farm properties. The Income Approach uses typical income and expense figures and capitalizes the net income to arrive at an indication of value. This approach fs deemed least reliable since farm properties are not alw':lYs purchased strictly for a specified rate of return. ~, The final decision of value on this property is based on the Market Approach, supported by the Income Approach. "Market Value As Is" February 2, 2005 $1,100,000 -- r- , ' ~ . ,,-. , . , . w t . '\ - ' e -- ~ \ , t " .- ....4T-W.""... ..hott ...... A. ., 1101." U"IT "aU, 1"',W.. 1'.. . e lJbi~ ~ttb, MADE THE 20th doIv of March of our Lord. OM thOlU~nd 'IliM hundred seventy-three (1973). !'11 tM 'VI(1#' BETWEEN SAMUEL M. SIMMONS, JR., and CELESTA E. SIMMONS, his wife, of tho Township of Monroe, County of Cumberl~nd and State of Pennsylvania, I1nd Gl'lIntor s , SAMUEL M. SIMMONS, JR., and CELESTA E. ~IMMONS, his wife, of the Township, County and State aforesaid, Gl'lIntoo st l. WITNESSETH, thllt in oOnBidoration of natural love and ilffection Dollars, in hand paid, the receipt whereof is herebll ackMwledgcd, the said gl'llntor s do hCf"cbll grant and convell to the Baid grantee s, ALL those certain three pieces, parcels and tracts of land situate in the Township of Monroe, County of Cumber- land and State of Pennsylvania, bounded and described i:lS follows: TRACT NO.1: BEGINNING at a stone corner of lands of George Simmons7 tnence by lands of said George Simmons West fifty-seven and eight- tenths (57.B) perches to a stone; thence by lands of same and Charles Ritter North one-half (1/2) degree East fifty-seven and one-tenths (57.1) perches to a stone in the center of the Trindle Road7 thence by the center of said road South eighty-eight and one-half (B8-l/2) degrees East, fifty-one and three-tenths (51.3) perches to a stone; thence by the center of same North eighty-eight and one-half (BB-l/2) degrees East, seventy-eight (78) perches to a stone7 thence by center of same North eighty-four (84) degrees East, twenty (20) perches to a stone in center of said road; thence by lands of John Buffington South seven and one-half (7-1/2) degrees East, thirty-one and one- tenth (31.1) perches to a stone at corner of lands of Samuel M. Simmons, thence by the same South sixty-seven and one-fourth (67-1/4) degrees West, twenty-nine and five-tenths (29.5) perches to a stone; thence. by lands of same South forty-seven and three-fourths (47-3/4). degrees West, eighty and nine-tenths (80.9) perches to a stone at corner of l~nds of Jacob Rowe7 thence by lands of same North fifty and one- fourth (50-1/4) degrees West, twenty-eight and seven-tenths (28.7) perches to a stone at corner of lands of the aforementioned George Simmons; thence by lands of George Simmons North thirty-nine and three-fourths (39-3/4} degrees East, twenty and four-tenths (20.4) perches to a stone, the place of BEGINNING. Containing fifty-seven (57) acres and forty-two (42) perches'. r r: l ~ ! - \ . \. , DEING the same premises which Velma M. Goodyear by her Deed dated April 23, 193Q, and recorded in the Recorder's Office in and fpr said Cumberland County in Deed Book "0", Vol. 11, Page 159, granted and conveyed unto Samuel M. Simmons and E~sie J. Simmons, his wife. The said Elsie J:' Simmons died December 15, 1952, whereupon the fee simple title vested solely in Samuel M. Simmons by ~tue ot the law. . of survivorship. ~ Ii g~g c..r1t? ~ ~ ~ ~ ~':Z:::r."O(1l ~.., Zr-"" . - ~,...'>>~ 1:- !C~~::! en "I~;~C'.!:: ~b:; .::~:;: -t- ",<"'- ROOK L ,25rACE 141 ;::: $ . i:i I: :1 I: I' I I ,i [I .i I! i/ I' i' 'I :i ,I :1 Ii ,I II ,I h ! 'I- '!'I e e TRACT NO. 2& nEGINNINg at D stone on line of 'land of William L. Sing- I ,illcr, thunco' Along the sarno, South fifty-four and. one-fourth (54-1/4) 'I degrees East, one hundred tw~nty",:t'19:and,fivo-tenths (122.5) perches to a stonel thence along lands.'of John Warner estate, North forty (40) 'degrees East, sixty-six (66) perches to a Hickory, then co along lands of Charles Simmons, North thirteen and one-fourth (13-1/4) degrees East, one hundred seven and five-tenths (107.5) perche~ to stoneS on line of Jacob Snyder, thence South eighty and three-fourths (80-3/4) degrees West, forty and nine-tenths (40.9) perches to a stonei thence South ten (10) degrees West, twelve (12) perches to stones. thence South seventy- nino and one-half (79-1/2) degrees West, thirty-five and three-tenths (35.3) perches to a stone, thence North twenty-six and one-half (26-1/2) degrees West, twelve (12) perches to a stano, thence North cleven (11) degrees West, two and four-tenths (2.4) perches to a stone, the last five lines being along tho line of Mrs. John Duffington's lands, thence along line of lands of John Simmons, thence South sixty-three and one- fourth (63-1/4) degrees West, twenty-nine and nine-tenths (29.9) perches to a stone, t~ence along the same, North forty-four (44) degrees West, eighty-one and five-tenths (81.5) perches to a s~one, tho pluce of~ DE- GINNING. Containing eighty-seven (67) acres anu ono hundred fifty-scven (157) perches, be, the same, more or' loos. . . DEING tho SGmo premises which John S. Kcenportz by his Doed dated March 27, 1922, nnd recorded in the Recorder's Office in and for said Cumberland County in Deed Dook "J", Vol. 9, Page 554, granted and conveyed unto Silllluel M. SillU1lons. ' ~ . TRACT NO.3: DEGINNING at an'iron pin at the corner of public roadl thence along the public road North si~ty-two and one-half (62-1/2) de- grecs East, forty (40) porchcs to an iron pin at the land now or formorly of H. Eichelberger, thenco by land now or formerly of 11. Eichelbergor nnd now or formorly of Petor GroB/J, NOl."th thirty-five (3!i) dooroe/J Wont, twenty-oix and eight-tenths (26.11) perches to a post at land now or for- merly of' Peter GrOSSI thence by land now or formerly of Peter Gross, North fifty-one (51) degrees East, five and sixty-eight one-hundredths (5.68) perches to a'post;. thenco by same North thirty-three and one-half (33-1/2) degrcco twenty-threo nnd two-tenths (23.2) perches to stonosl thonco'by Dlln\O North oixt:y-six.(6G) dcgrues Bust two and eight one- hundredths (2.08) perches to stonel thence by s~me North seventy-six (76) degroes E<lst, nine and four-tenths (9.4) perches to stonos;' thence by same North sixty and one-half (60-1/2) d~grco~ East, nineteen and forty-four ono-hundredths (lD.44) l)crchca to a stone nt land now or for- nlcrly of N~ F. Whitman, thence by lund now or formerly of N. F. Whitnmn North twonty-four (24) dOlJreea l~nut, thirty-two <\11'1 oi):t.oun ono-hum1r(lc] tiles (3<1.16) l)OrohQ/l to Dt.CWQ tit lltnd now or formllJ:ly of Pl'lQr Groool tlll'noo by It\l\ll 1I0W or f!orllll:lr1y of l't,l\;cr Grosr,J, North thirty (3D) clotjrct1E1 \~el3t, eighty-two l1nd oi~htY-eight one-hundredths (1l2.11D) porches to stone at land now or formerly of Joseph Eckerd; thence by land now or formerly of Joseph,Eckerd South eightoon (1B) degrees WeDt, twenty-soven (27) perches to stumPI thence by Dame South forty-six (46) degrees West, sixty-six and thirty-two one-hundredths (66.32) perches to stone at lands now or formerly of Mary Hoover; thence by land now or formerly of Mary . Hoover South forty-four (44) degrees West, twenty-five and fifty-two one- hundredths (25.52) perches to postl thonce by Damo South ei')hty-four and one-half (84-1/2) dogrooa ~nat forty-throo nnd two-tunWIU (43.2) percheD to hickory troo C\ t land now or formerly or M.lry Full1lur r thunco by land now or formorlyof Mary Fulmer North oixty-four (64) degrees East, thirty and Boven-tenths (30.7) perches to stones' at public road1 thence by same, and land now or formerly of Daniel Bowman, South twenty-four (24) dcg~ees East, seventy-seven and seventy-six one-hundreuths (77.76) perChes to J.ron pin at public road, tho plnco of lll~GINNING. Containing uixty-orlQ (61) acres and o,ne! hundroQ tWullt,y-~oven (1;1.7) IwrchoB. fllnt/Qlhlil IlFllile:! prulIIl,t.ll't:j wlllull f,loYl1 A, "ljl>lI(1E'J:, 1J11E'/:.I,tt uf LIllo! CIJUtlly oj! ClIIII1Je!f',lOllt1, /Jy Veec.1 l1all.t1 UevLelulJer 12, 1nO, DIlU roeoruoc1 in tho Ro- ~oruer's Office In and for said Cumberland County in Sheriff's Deed Book 2, 1'oge 112, grantod and conveyed unto Samuel M. Simmons. r-' ! L.i r: I , '-- i \ "' ~ ~ Boor.L 25rACE 142 -.-.-p ---..-.-------..-..... I I ! I I I 1 . I ~ , r , r. -, .....-, I I i I I I I I I I I l,. r' ; , - C i: i I '-- ! I ,..~ I ~,' 1 L I i i I ~ . I p L. ,- e e The said Samuel M. Sinunons died AMII. /5" IIfSIj " , testate, and the said three (3) . tracts of land were awarded by the Orphans' Court !. of Cumberland County, Pennsylvania, to No. 34 August Term, 1960, by Decree Awarding Real Estate dated October 11, 1960, and recorded in the Recorder's Office aforesaid in Deed Book "A", Vol. 20, Page 589, unto Samuel M. Simmons, Jr., one of the Grantors herein. EXCEPTING.AND RESERVING therefrom those two (2) certain pieces, par- cels or tracts of land which the Grantors herein granted and conveyed unto Samuel M. Sinunons III and . C"''''''''N'''''' {!:"s -r.::""q""J'.r;.,:41 C~""~..,~/,..u by Doodsdated July 31, 1970,. and l/.."n;V.l1"~ I~ 1~'71 respectively. ... . . &:J1I. L 25N.CE 143 I I I II , , --' e e ;\ AND tluJ .aid. grantor s herllbt/ eovllnam and agrce t1&4t GENERALLY the properlll hIlrllbt/ CO!lvlll/ed. they wiU WGfTCtnt .., l' ~ . . . IN WITNESS WHEREOF, .aid ;l"tI.1I.tor s have hereunto .et their hand s and .Ilals . th4 dall and 1Iear fir.t above written. Solonrh. So~lrh lI:lh 1l,lInrrrh )~~~"/}}'~~J.2..:.-e IntlrtJlrrlltllrraf : Samuel M. Simmons,. Jr. ~ . ...' - ._...~ ...J.2.~.J.:...l2.~~~v-::.._.....:i~ "..u:..f~.:i:,,2.....d'6'_~~_:"'.___. (~ . (J " CeleSta E. Simmons ~ '. . .; ~ ------~-_.~_._._._--;-- . _._-_._.__._.._.._.__.~.._._._.__._... ~ " '-- L ,,-' certilJ '''at Ibe nes~~"ta , JlerCUl I' I.' Gtallt.e i. d Po.1 Ollice 0 ,.,1["'. .. . _ ~ 17'~-S- ~.!l/t;<k~r~- 4~~-;;;:tP7"~ St4te of Pennsylvania } Countv of Cumberland . ... On thla, tho 20th dati 01 March., 19 73, before me, a Notary Public in and for said State and County, the underBioned officcr. pcrRonall71 D:PlIearctl . SAMUEL M. SIMMONS, JR., and CELESTA E. SIMMONS, his wife, :; known to me (or .ati8factoriIII proven) to b't the per.o1S whoRe na~ are .ubBcrlbed to the within instrument. and a.elrnowledoed that the y e:r.eelltcd the Bamo for the purposes therein contained. .' ..,....~'" llN..~VITNESS WHEREOF, I hereunto Bet my h~nd and offt.eia.l .ea!. ........~....... ~<1"'''C'''!i:'' , ;.'1.. '/- / j/_" /./ /?~/ e !'..........,...~~"'I~...~"9\~~ ~.- . ..~~~~~~.u:...-r-~..~.-:.a...'__u RRAl.. '1 :c.'.. '..,~..;.. ,.".... ~; ':~~ - /I 1 ": : .~~" F:4: · : :,,] .,~ . ,Not.ar.}l...l?..ub.l.ic....._._..:...____....__......_................ ". ....,". "'1<1';' ,..... j ....RS.ISAUlLl~ft.RUI.P. NUIAllY !'UlILIC Title 01 Officer. , , 4,', tJ ..'. ~.. ' Mt"IIAtuC5IJUIfO tUlRUlJGU "/ .'.. ... ... ./ . CUMULlU Mill i:\llltllY VI_ (~y " II ~..<~" IIY CllMMI~S'UN LXI'IHL~ U~I. 22, I nooKL 25PAGE 144 1 f 1 I. I r I I I I I ~ ~ i-' A ! L ,- ~... L r I t; n u ,.~ ! L I ~- t .. L , ~e Ir.,^"'~\ ACC.-210 13o.ft., ~~ COlollolONWEAl.TH OF PENNSYl.VANIA DEPARTMENT OF REVENUE BUREAU OF COUNTY COLLECTIONS FOR RECORDER'S USE ONLY BOOK NUMBER /.;::) '1 PAGE NUIolBER /-'// DATE RECORDED {On II "'~1/9r., COlolPLETE ~PPLICABLE SECTIONS IN FULL AND FILE IN DUPLICATE WITH RECORDER OF DEEDS WHEN (1) THE FULL CONSIDEIlATIDN IS NOT SET FORTH IN THE DEED, (2) THE TRANSFER IS WITHOUT CONSIDERATION OR A GIFT, OR (3) A TAX EXEIolPTION IS CLAIMED. (REFER SECT. 8. RTT ACT OF DEC. 27. 1951. P. L. 17'2 AS AMEI<DED) REALTY.TRANSFER TAX AFFIDAVIT OF VALUE SECTION I (COMPLETE FOR ALL TRANSACTIONS) , ~-~~---:/- ur'''NTOk III n_-' C6~..(",.--!.. ~__..L-/ jALJI,HCY- ~_ , ~ ~ flJ A__~ u~ ~, .L--M.-.L.~L! GRANTEE IS) 't:? I ...oOAtSIl -' LOCATION OF LAND, TENEMENTS AND HEREDITAMENTS. ?:r~~............:i.~?-'- NAME 0'" LOCAL "OVf:ml""~HTAL. U~IT 1Il.G I!tj ~..(.......,.d~ I?,~ ...Altt#.AV: ~ J6 &...~~...J COVNTY R.O.. ITnLf:T . NVMOf;A OR OH1EA OESCRtPTION FULL CONSIDERATION S FAIR MARKET VALUE S HIGHEST ASSESSED VALUE S REALTY TRANSFER TAX PAID S TAX EXEMPT TRANSACTIONS, IF TRANSFER IS PARTIALLY OR WHOLLY EXEMPT. SHOW AMOUNT EXEMPT, REASON (SI AND CITE PORTION OF LAW, Mu/__".t ~ ~ &.......~h-.-:. IF THIS IS A TRANSFER FROM A STRAW, AGENT OR TRUST AGREEMENT. COMPLETE THE REVE'!SE SIDE. SECTION II (COMPLETE ONLY IF PROPERTY WAS SUBJECT TO LIEN OR MORTGAGE AT THE TIME OF TRANSFER) EXISTING MORTGAGE. S DISPOSITION MORTGAGEE AOORES5 EXISTING MORTGAGE, S DISPOSITION MORTOA.OEE AODRess EXISTING LIEN OR OBl.IGATION, S DISPOSITION LIENHO~gE" "OURi;:~~ EXISTING LIEN OR OBLIGATION. S DISPOSITION LtENHOI..DER "ODRES5 SECTION III (COMPLETE ONL Y IF TRANSFER IS RESUl. T OF JUDICIAL SALE) OFFICIAL CONDUCTING SALE 1l.Lt;. NAMf; "l::luRES~ SUCCESSFUL BIDDER ADDRESS TITL.E NAME JUDGEMENT PLUS PRIOR LI ENS HIGHEST ASSESSED V"'LUE S S S S $ S S $ S S S S _ S S NOTE. CALCULATIONS MUST BE SHOWN IN ALL COLUMNS. ALl. OF THE INFORMATION ENTERED ON BOTH SIDES OF THIS AFFIDAVIT IS TRUE. FULl. AND COMPLETE TO THE BEST OF MY KNOWLEDGE, INFORM.... TlON ANO BELIEF. BOOK L 25PAGE 145 e \' .....~ -- - . '. :{ li.O~~d Pt"rtlt 1~, :,43" '# - ~ '; .' , ! \. i \ f . , L L. '\ . ! \ \ \ \ r- .~, \t \ \ 1 \ r l' I.- \ ~ ~.\'. -,~\ ..... . "')~ ~ . -.-- - \ '. N5 fAR"M. 51111'1.0 SoilMap- e e PENNSTATE ., Coli. of ^lftCUiumll Samce,. CoapeNDve EXll:nMlon r- L;: o Sail Rcad5 J./ -- t./ us_ ft""- ;./ o..r_ a Waler o CountiasDet Municipalliaa SIMMONS FARM DIGITAL SOIL MAP ...~ p u G << fl.' li n l.': Map Scale 1:10811, 1 inch = 901 feet Created by SoilMap, 4/5/2005 11 :06:28 AM Be:.. T_ Soil maps are suqject to change and may be copied without permission. Enlaq;Jing the maps may cause misunderstanding of the detail of mapping. Help in using soil surveys is available from the local office of the NRCS. ~ ~~ex..- co-palilll Tochnology Ptagram ~, i ...........,.....t ~NRCS ~---.,-. "@ @j . " \~' \ I . . ~ ,-~--~--- SoilMall ~. ~. , . ; , l~ f' l. h H \1'- U r i. ~ ~ i . ~, t.. r. Slleana Raad& 1/ - r/ us_ r/ Pa_ N Ohr_ J o Wale, o CounliBsDel MlnicipaliliB& Be:-. T_ . FIoodplak1& -- SIMMONS FARM AERIAL PHOTOGRAPH WITH FLOODPLAIN OVERLAY Map Scale 1: 10811, 1 inch = 901 feet Created by SoilMap, 4/5/2005 10:57:34 AM Soil maps are subject to change and may be copied without permission. Enlarging the maps may cause misunderstanding of the detail of mapping. Help in using soil surveys is available from the local office of the NRCS. ~ ~~EmnoGn ~ T-..oIo;y Program ~ N ReS e PENN STATE .. Col1c~ of ApM:ulwr..i SC"imcelo CoopcQlbVC t:kleMtOn -i:1 >: --'~_.:.- -.-i....... / ---"~"", \ --~ " /, @,.@ . '- F' l - . . {: <:( L.1.. rl hi o ~ I : J : en L .;.. . , e - e r./1 ,....,-I ~ '. ' ~ r ~ , \: r./1 .. "'!1 > r' ~ l - ,.. SoilMBJl e e PENNSTATE .. College of AJ;ricultu1"41 Sc;enceto Coopt_live ExIC1'INICIR r . \..,' r ,. i , L.;: r L. ~ [ r. i. I ,"-e> B=" Map Scale 1 : 1 0811. 1 inch = 901 feet Created by SoilMap, 4/5/200511:12:18 AM "--EJ--"- . . , - ". .. Roads SIMMONS FARM P .-.- P USA.- ./'?""A.- l ~ ~ OhrA.- ED Wale, D CounliBsOIIl I.llnicipallills TOPOGRAPHIC MAP Soil maps are suqject to change and may be copied without permission. Enlarging the maps may cause misunderstanding of the detail of mapping. Help in using soil surveys is available from the local office of the NRCS. ~ ~c-tive~ ~ TochnaIagy Pragram -..---; .--.... ' i ~! .: -',\ ~ N ReS ~.----- " @y@ . \""", \ i~ I' FIRM FLOOD INSURANCE RATE MAP TOWNSHIP OF MONROE, PENNSYLVANIA CUMBERLAND COUNTY L PANEL 10 OF 20 (SEE MAP INDEX FOR PANELS NOT PRINTED) r L [ pc I L : COMMUNITY.PANEL NUMBER 4203640010 C MAP REVISED: JUNE 2, 1992 j, Federal Emergency Management Agency .. ~-. " L. .- , L r l r- l . . l , . -" ....".- ........-,<-.jI.J:...~- tit .. ~ ~. :; ~ e " ~.. - a: ct ~ w t.l Z w a: w ... w a: Z '0 ~ w ~ w 1i 11, "'5 "0: ''''0 :!2c ..o"&. o~ n ~~ ~~ " 0 :=" "'0 ..... ~] $0 ~.. ~~ "0 0:.. ~ '/~o'" ~ .;: ~ ... o z o t. Ii en III Q -:;.,:;~;;.:;~. is z> g~ ~ <"": ui. >t ~ ~~ t.l w Z o N ~ Z>l: .. llt~ :& ~:& 0: III 0: S)lldNt:ln.L.WINY' . ;:&!5~~' ;-L._~~;,.a..:. .~,- ~ ~... ". . ....- ~""';-~'- . -...-- >"':;':,f.< ....-.......... :q.";-.,-... "-,;,,' MONROE TOWNSHIP CUMBERLAND COUNTY, PA It e - --... ..-......., .\ ~~7~tj. <:~:-~*r,;i . ~'"' <"':'" >"~~~,d ,,<~,-, }- /~ "\ .' .-:."~ ..1- ";''' ~'~~\. ,.-=-r~,t ~! ~ i~ :: , >.t{ 'l<:\!,!:\~_". . ~ ~~ -/ ;. lJ r l~ r , b f. L -.; [ 10RING MAP ,] .,CONSmv~TION - -,' m P.GRICU\!URAL' , - ~ SUBURBAN RESIDENTIAL . ,VILLAGE . ,MANUfACTURED /lOUSING p~ ~i NEIGHBllRIlOOD COMMERCII . HIGHWAY COMMERCIAL III INDUSTRIAL ~ I 'f f ~ b . !ii .,4_~~ Gehringer-Rolh Associates CClolM1JW""" ~~~~;oN.;; -;C~SC"..lN-l"'S / / :e=-._:;:~=-"':~~ :;-.-.-:~ II(~"'--:"':':" ~ ~ ~ :',,":, I 2 1993 I ~j 'cle 2 I t."ection 201 I. - ,- I I 1- , I~ 1= f.~ ,,~ .. ~. IliIO i~ ~- (. I l- l~ -- . L- t I ~. l 201.1. 201.2. -- e Zoning Ordinance Agricultural Zone (A) Purpose - The primary purpose of this zone is to prol'11ote the economic and profitable continuation of agricultural activities. This Zone was specifically constructed to present minimal impediment to and/or interference with the conduct of the Township's. agricultural operations so as to enhance the local farming economy. Permitted Uses 1. Agriculture, excluding commercial livestock operations; 2. Horticulture and forestry-related uses, including timber harvesting; 3. Single-family dwellings; 4. Family Day care facilities and other home occupations; 5. Public and nonprofit parks and playgrounds; 6. Public useS and public utilities underground structures; 7. Retail sale of nursery and garden materials subject to the following: A. All greenhouses and nurseries shall have vehicular access to an arterial or collector road; B. The display and sale of items not grown on the premises and nursery or garden equipment shall be incidental to the nursery operation. The. display area for these items shall not exceed twenty-five percent (25%) of the total gross display and sales area on the subject property; C. All outdoor display areas shall be set back at least twenty-fIVe feet (25') from the street right-of-way line; D. All structural improvements (including parking and loading facilities, but not including a freestanding sign) shall be screened from adjoining land within the (R-1) or M Zones; E. One flat wall or wall projecting attached sign may be permitted advertising the business. Such sign shall not exceed six (6) square feet in size; and, F. Minimum lot size - 2 acres; and, 8. Accessory uses customarily incidental to the above permitted uses, including, but not limited to the following: A. Roadside stands for the sale of agricultural products grown on the site, subject to the following: a. All structures used to display goods shall be no more than five hundred (SOD) square feet in size, and shall maintain a setback of fifteen (15') from edge of road, and b. Such facilities shall be permitted signs as set forth in Section 313 of this Ordinance. B. Beekeeping, subject to the following: a. It shall be the duty of the beekeeper to maintain each colony so as to not create a public nuisance; b. In no case shall hives be located within twenty-five feet (25') of any residential property line; furthermore, any hives located within seventy-fIVe feet (75') of any adjoining property line or street shall be separated from such property line or street by a minimum six . @II ~ ~ l- rt_ l l l l l, , . l~ C ":':: lJ l~ ~- (. l-- l l~ (~ l_ (- f Zoning Ordinance e e Article 2 foot (6') high solid fence or vegetative obstruction that wDl direct the flight path of the bees above traffic and pedestrians; and c. Hives shall not be oriented to children's play areas or neighboring properties. C. Manure storage facilities, as an accessory use to a farm, subject to the following regulations: a. All manure storage facilities shall be designed in compliance with the guidelines outlined in the publication Manure Management for Environmental Protection, Bureau of Water Quality Management Publication No. 43, and any revisions, supplements and replacements thereof, published by the Pennsylvania Department of Environmental Protection; b. All manure waste storage facilities' designs shall be reviewed by the County Conservation District The applicant shall furnish a letter from the Conservation District attesting to approval of the design of the proposed facility; and, c. Construction and subsequent operation of the waste storage facility shall be in accordance with the permit and the approved design. Any design changes during construction or subsequent operation will require the acquisition of another review by the County Conservation District a record of which should be ffied with the Zoning Officer. D. Accessory occupations, subject to the following: a. Only one accessory occupation is permitted per farm which must be conducted as an accessory use to the farm; b. No more than the equivalent of six (6) nonresidents shall be employed by the accessory occupation, and at least one (1) owner of the accessory occupation must reside on the site. For the purposes of this section, -employed- shall be defined as involved in the on-site conduct of the accessory occupation; c. The use must be conducted within one (1) completely enclosed building. No external activities and/or storage shall be permitted. Where practicable the accessory occupation shall be conducted within an existing farm building. However, any new building constructed for use by the accessory occupation shall be located so as not to interfere with site drainage and clear sight triangle and, if possible, behind the farm's principal buildings, or must be no less than fifty feet (50') from any adjoining roads or properties; d. Any new building constructed for use by the accessory occupation shall be of a design so that it can be readily converted to agricultural use, or removed, if the accessory occupation is discontinued; e. No part of an accessory occupation shall be located within one hundred feet (100') of any side or rear lot line, nor three hundred feet (300') of any land within a residential zone. Such distances shall be measured as a straight line between the closest points of any physical improvement associated with the accessory occupation and the property jzoning line; f. The accessory occupation shall. occupy. no more than four thousand (4,000) square feet of gross floor area, nor more than one (1) acre of lot area. However, any access drive serving the ~.. I' ":ticle 2 r - I l I, I- e &i I!I LEi I: (~ (- l f ~l.-1 ,~~ ~..t..' i" 1 e e Zoning Ordinance". g. accessory occupation and the farm shall not be calculated as land serving the accessory occupation. Vehicular access to the accessory occupation shall be limited to the existing cartways of the farm; No more than fifty percent (50%) of the land devoted to an accessory occupation shall be covered by buildings; structures, parking or loading areas, or any other impervious surfaces; Any sign used for an accessory occupation shall not exceed twelve (12) square feet in size, and shall be set back a distance at least equal to its height from every lot line; For farm parcels of up to fifty (50) acres in size, while any accessory occupation exists, no nonfarm subdivision of the site shall be permitted; Retail sales shall be limited to goods and materials that are incidental to production on the site. In no case shall the area devoted to retail sales comprise more than twenty percent (20%) of the gross floor area; and, Evidence shall be provided indicating that the' disposal of all materials and wastes will be accomplished in a manner that complies with State and Federal regulations. Such evidence shall, at a minimum. include copies of contracts with waste haulers licensed to operate within Cumberland County which have been contracted to dispose of the materials and wastes used or generated on-site or some other legal means of disposal. The zoning permit for this use shall remain valid only so long as such contracts remain in effect and all materials and wastes are properly disposed of on a regular basis. Should the nature of the accessory occupation change in the future,' such that the materials used or wastes generated changes significantly either in type or amount, the owner of the farm operation shall so inform the Zoning Officer, and shall provide additional evidence demonstrating continued compliance with the requirements of this section; ':!I .--.;. -:',., 1i1i ':aiiiI ....~ ?ii I :.,.-,.::{iotl ..Ilj ,:~ -:t1 ',','-' o. ..A ~~ . -'ll! . ...:>> .fI .'. .~ 'fj ..:.:-' , .. ,-.- h. i. j. k. E. Noncommercial keeping of livestock, subject to the following criteria: a. Minimum Lot Area - One (1) acre. Additionally, the following list specifies additional area requirements by size of animals kept: GROUP 1 - Animals whose average adult weight is less than ten (1 a) pounds shall be permitted at an animal density of twelve (12) per acre, with a maximum number of fifty (50) animals; Animals whose average adult weight is between ten (10) and sixty-fIVe (65) pounds shall be per- mitted at an animal density of twQ (2) per acre, with a maximum number of twenty {20} animals; and. Animals whose average adult weight is greater than sixty-five (65) pounds shall be permitted at an animal density of one (1) per acre, with a maximum number of five (5) animals. GROUP 2 - GROUP 3 - Zoning Ordinance . . I , I I t r I t I , 1-- . l~ lr:r Ii ~ ~ ,-- J.~ .- . (~ .. I l. :- ~ I tL-- 201.3. e e Article 2 The keeping of a combination of animal types (Groups 1, 2 and 3) shall require an animal density equal to the ratio of the number of animals, by type. In no case shall a lot contain more than fifty (50) total animals; b. The following lists minimum setbacks (from all property lines) im- posed upon the placement of any structure used to house non- commercial livestock. Should one structure be used to house a combination. of animal types, the most restrictive setback shall apply: GROUP 1 Animals - GROUP 2 Animals - GROUP 3 Animals - A twenty-fIVe foot (25') setback; A fiftY foot (50') setback; and, A fifty foot (50') setback; c. All structures used to house noncommercial livestock shall be prohibited from placement in the front yard; d. All outdoor pasture/recreation areas shall be enclosed with fencing to prevent the escape of the animals; and, e. All animal wastes shall be stored and disposed of, so as not to be objectionable at the site's property line. All animals, their housing, and their outdoor pasture/recreation areas shall be maintained so as not to become a nuisance to adjoining properties; F. Incidental slaughter of livestock raised on the site. "-- .----.- -..... Special Exception Uses (i~bject to the review procedures listed in Section Q~ this Ordinanc!J.__--.-.., 1. Se<nnrd1freakfasts (see Section 407); 2. Home occupations (see Section 431); 3. Kennels (see Section 434); 4. Noncommercial keeping of livestock (see Section 437); 5. Riding schools and stables (see Section 446); and, 6. Two-family conversions (see Section 454). '---. 201.4. Conditional Uses (subject to the review procedures listed iT Section 400 of this Ordinance) . --- l t I t I t '- ~- l. 2. 3 . 4. 5. Airports/heliports (see Section 402); ECHO housing (see Section 421); Temporary farm employee housing (see Section 452); Cluster developments (see Section 413): . Commercial stockyard, feedlot and/or commerc~a1 livestock operations (see Section 416): Flag lot residences (see Section 423); an~1 Historic structures conversions (see Sect~on 429) . Helistop (see Section 457) 6. 7. 8. 33 I Article 2 I I I. I , I 1-- r . Ir r:- , .j L~ .- ,F I~ -~ r" t~ L~ l ,. L- t. t- en Q) 0 . '0 L c: ca ~ Q) ~ I <l: - ui ~ L 0 ~ e . g 8 ~ . ... c: C) CI) caSGia .:::"'.1::>- g'6,!lt:: CI) 1II- Cl> -c..:r:,Sg- ~giac.. -.c:::l.::: i5_tTo _ CD CD as Q.CJ'Jc;;4D ~.!!! 1II E :: CD..!!! 0 g:;a;':: ...- Iril~T~j't 11~qt%~~ ?l- e ... - - s ':::,.;:::).:.:::l. :)i':e. .:'.t:~: if}f] :::;)f};:3:i :/)).g": .::}::\::':C : :. ;.:.~. :-:.;.;. -': .;.:.;. .. .....::CI). f\?~ . .i::~. 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'" O-c 1II c iii lG ; en c: C) CD c: -g -- __ -c "'= CD ::l CC.c -- Zoning Ordinance ...~:- -j -C% ..~ "~ .. - ,,- . ~ '-.':Wl~ : . _..~.~~ '~~";e~~ -:cr~ :~ .~-~.: -m .~ e~ .~ -.o, .~ ~ .~ ., ~ f1 @ . ~ .. . f . f f f f f :4l! t f . 4! 4! 4 4 f 4 4 4 ~ F- I J~ ~ .-'.- I I 1,- I ,~. ~-~ , r t 'll.. I.a t I~ JII'- ~ t . ~ ~- L t l t ~ L Zoning Ordinance 201.6. 201.7. e e Article 2 Agricultural Nuisance Disclaimer - All lands within the Agricultural Zone are located within an area where land is used for commercial agricultural production. Owners, residents and other users of this property may be subjected to inconvenience, discomfort and the possibility of injury to property and health arising from normal and accepted agricultural practices and operations, including, but not limited to, noise, odors, dust, the operation of machinery of any kind, including aircraft, the storage and disposal of manure, the application of fertilizers, soli amendments, herbicides, and pesticides. Owners, occupants and users of this property should be prepared to accept such inconveniences, discomfort and possibility of injury from normal agricultural operations, and are hereby put on official notice that Section 4 of Pennsylvania Act.133 of 1982, -The Right to FarrJ:I Law,. may bar them from obtaining a legal judgment against such normal agricultural operations. From the effective date of this Ordinance, all subsequent subdivision plans submitted with this Zone shall require a note which duplicates this section and which must be transferred to the purchaser by the seller. )// Vegetation Setback Requirement - On any separate ~)parcel, any shrub or tree within ten (10') and twenty feet (20'), respectIVely,n1ust be non poisonous, and shall not include any of the following: POISONOUS PLANTS Scientific Name Common Name Trees Acer 'rubrum Red ma~le Aesculus Horse c esnut/buckeye Gymnocladus Kentucky coffee-tree Prunus Wild Black Cherry/Choke Cherry Quercus Oak Robinia Black Locust Ornamental Plants Arisaema Jack-in-the-pulpit Buxus boxwood Celastrus bittersweet Colchicum autumn crocus Convallaria liIy-of-the-valley Delphinium larks~ur /delphinium Dicentra Dutc man's breeches/Bleeding Heart Dieffenbachia dieffenbachia Digitalis purpurea Foxglove Euonymus burning bush Hedera Englisti ivy Helleborus winter-aconite/Christmas Rose Hydrangea hydrangea Hypericum Sl John's wort Ipomoea !'T)orning glory Iris iriS Kalmia mountain laurel Lathyrus wild pea/flat pea Li~strum vulgare privet Lo elia . Indian tobacco Phoradendron mistletoe Rheum rhubarb Rhododendron azalea/rhododendron Taxus vew 35 I ,Article 2 I I I': r r I l l-- , ~ Lf,. '.. .. r-o I ~- E7 ,. ..,.-..... - r~ I,;' i!r ,...,. L~ L- l L,. L. l l. l- 201.8. 201.9. e e. Zoning Ordinance POISONOUS PLANTS Scientific Name Common Name Agrostemma githago Amanita Anagallis arvensis Asclepias Caltha Chelidonium Cicuta Conium macalatum Crotalaria sagittalis Datura stramonium Equisetum arvense Eupatorium rugosum Euphorbia Glecoma hederacea Helenium autumnale Pteridium Ranunculus Sanguinaria Solanum nigrum Xanthium Other Plants Corn cockle Death Cap mushroom/fly mushroom scarlet pimpernel milkweed marsh marigold celandine water hemlock poison hemlock/spotted. hemlock/deadly hemlock/poison parsley rattIebox Jimson-weed/moon-liIy /datura common horsetail white snakeroot/snakeroot cypress spurge I snow-on-the-mountain ground ivy/creeping charlie sneezeweed Bracken fern buttercup blood root black nightshade/deadly nightshade/ common nightshade/garden nightshade cockleburr Required Conservation Plan ~ Any agriculture, horticulture or forestry- related uses which involves earthmoving activities, or the commercial harvesting or . timbering of vegetation. shall require the acquisition of an approved conservation plan by the County Conservation District pursuant to Chapter 102 Erosion Control of Title 25 Rules and Regulations, Department of Environmental Protection. All on- site activities shall then be in compliance with the approved conservation plan. All uses shall comply with all applicable General Provisions contained within Article 3 of this Ordinance. tit UI\l11 tU ;, I Po. I t~ DEPARTMENT OF AGRICULTURE FARME~S HOME ADMIN1STRAW REAL- ESTATE SALES DATA Cumberland Comps 2004 Sales (Rev. 6-93) Buyer The McNaughton Company Seller Edwin and Helen Goodhart Property commonly known as: i Date of Transfer 1'2121/04 Xl Deed Contract I [Town or Nearest Town I Mechanicsburg County ; Cumberland I State i Penns Ivania IDENTIFICATION OF PROPERTY (Use Sec., Twp., Rge., when applicable) ACRES OR LOTS 51.10 Acre Land Tract, Monroe Township 51.10 I CONSIOER~TION I Amount Stated ' $ I i Federal Stamps 426,91 Deed: 266-4017 Parcel: 22-10-0642-119 TOTAL ACRES OR LOTS CONVEYED 51.1 , : State Stamps I : Assumed Mortgage $ i i ACTUAL PRICE : $ . Consideration Verified With I Courthouse $ I '$ MINERAL RIGHTS % TERMS OF SALE Arms Length 'S/AC Water Rights Z Yes No 426,91 : BUILDINGS CONTRIBUTORY VALUATION OF BUILDINGS ATTIME SOLD I ..... ! USE- I . . I I I I SIZE I I I I I I I KIND , CONDI- I 1 FUL I L-..:- i I I I I I OF DIMENSION TION RE- i LIFE DEP. I CON- I ! I I I I I KIND OF BUILDING YEAR CON- KIND FOUN- , OR AREA STOR- OF I PlACE- : RE- . REPLACE~ TRIBU- , u t 'STRUC- i MAIN! MENT ! I BUILT I OF i DA- I OF GROUND IES BUILD- I MENT TORY , ROOF I ! i liNG! VALUE I i. ~ I TION i TION I FLOOR ING COST VALUE I I I I I I I , ! (1 ) (2) I (3) ! (4) f (5) I (5) , (7) ; (8) i (9) i (10) I (11) [ (12) r A. * DWELLINGS ! NONE I i i I , $ T %1$ I I , Li B. I I I I I I I I I I : ; C. I i I I I i I I I i i ; I ! .~ i ! I i I ! -- r- D. I I I I I I , f E. ! i , I i I I I , I L.. F. i I I i i ! ! ! I ; I I \ TOTALS i , I I ! i i ! \ I I * FACILITIES U Water I. -, Gas l : Central Heat I : Septic Tank L Sewer ,-: Electricity '- - CONTRIBUTORY LAND VALUES BY MARKET ABSTRACTION I I \ , -I I I I DEPTH OF ! KIND OF VALUE I I ! I USE OF LAND ACRES I SOIL DESCRIPTION TOPSOIL SUBSOIL TOPOGRAPHY PER ACRE I TOTAL (1 ) I (2) ! (3) \ (4) I (5) (5) I (7) (8) \ ! CROPLAND I 47! HaB 1 8-10" SiltLoam 3-8% ;$ 8,500j$ 399,486 I I HaA 10-12" i SiltLoam 0-3% .1 [ I i - i I I 0-3% I HuA 10-12" SiltLoam -,----- .. I , , I I ! I I I I \ i I ! , i l . TOTAL CROPLAND I 471 I I PERM. PASTURE I i I I i I I 1 -- MINERALS I : WOODLAND 4.1 HaB HaC 6-10" I SiltLoam 3-15% 6~0 27 429 FARMSTEAD I I I I I I ROADS, ETC. ! , I t ! TOTALS i 51.11 ,-- MARKET VALUE OF LAND [$ 426,915 COMMENTS: (Include any hazards, detriments or limiting conditions) Vacant land tract with frontage along Clouser and Brindle Roads. Majority of land is open and tillable (92%). Soils. are excellent limestone soils with 0-8% slopes and minimal limitations. Property purchased for residential development. Property zoned Agricultural, Minimum lot area is 2 acres. Land not in Clean and Green. Overall & Land Value/Acre: 8355. Form F09M - "TOTAL for Windows' appraisal software by a la mode, inc. - 1.aOO-ALAMODE ,- -. l ~ , ' r , I L r - C.- L _ L' CAPITALIZATION RATE CALCULATION CROPS YIELD PER ACRE (3) AMOUNT (4) ACRES (1 ) (2) Corn 47 134 6,298 FARMSTEAD, DWELLING RENTAL CASH RENT WOODLAND 4.1 WASTELAND, ROADS, ETC. PERMANENT PASTURE ANIMAL UNITS TOTALS 51.1 DEDUCTIONS REAL ESTATE TAXES AND ASSESSMENTS INSURANCE COSTS ON BUILDINGS .. MAINTENANCE COSTS BUILDINGS, FENCES, WATER SUPPLY, TILE........ OPERATING AND MAINTENANCE COSTS FOR IRRIGATION AND DRAINAGE ANNUAL PAYMENTS ON BONDED DEBTS TOTAL PRODUCTION PRICE GROSS PER UNIT VALUE (5) (6) 2.65 1$ -l- . I I I I 16.690 i " I i I I -I ! i$ OTHER DEDUCTIONS (SEEDS, CROP INSURANCE, WATER CHANGES, FERTILIZER, LIME SPRAY MATERIAL, HAULING, HARVESTING, GINNING, AND MARKETING EXPENSES). LANDLORD'S RETURN CASH AND/OR RENTAL SHARE RATE OR PERCENT (7) 100 (Monthly Rent) $d32~C.&G Corn Expenses 157/Acre 7,379 . .u .... ._...... ....... ..................................u..._... ... .... .... ... ....................... TOTAL DEDUCTIONS NET FARM INCOME CAPITALIZATION RATE FOR THIS COMPARABLE 2.18 % (NET FARM INCOME/ACTUAL PRICE = CAPITALIZATiON RATE) . U.S.GPO:1996-758-462/201 34 I I i$ VALUE (8) Form F09M - ''TOTAL for Windows. appraisal software by a la mode, inc. -1-800-ALAMODE 16,690.00 $ $ 16,690 $ 7,379 $ 9,311 ACTUAL PRICE $ 426,915 - f' LJ r r u r- . 'L i. . l_ e e CD, to :r. \' - -. --. LOCATION MAP .~/~ .~\ ~6. .-----:~ e ~'I. - 11;- ----- ~ ~-;:.;--- % -GafflSte--~~ ;0" ~ ::lJ tp 0.. .... --0 g.. ?. 1~~ ~ \NeeCS or -?o- ~~ CJO ;(!f -- A.,.flJ 2002 ~c ,J.r}e <O'u :t: ~ o -< ;0 0.. ~~ ..c E i= Roxbury", 641 r- Trindle Rd Locust Point ;- tjJ ~ $r ^> '0' W L' /Sbur" Rd Bakers Church . Cemetery 1.-.. r" t~~ ... r- I r Zimmerman R 0- Churchtown... 174 ~ ~. ~ .2- ~ ::lJ 0.. lee ~ 'Q,? '90- Mount Zion Brandt Rd . Cemetery 'i<-O sa\S" __ CrissW&/\ 'Q<" tS .SJ :S'j (b -./ 74 C"re ek R(j <'0 ~ -.- %/ /,/... ~ ~ .<(-~ ~ S I2 (!) .Q. $ u ~?\ ~~ Leidighso Leidig'" Dr Rd \no\an ?e~ t ; "t o White Rock Acres ;. // 1/ // 'filar of 1812 Memorial Cemetery. ,.yo :9$.5'1t O[,z,. ;.'JI?, O'z -< g 114 S\ ^ ~ ~a\n ~ Dillsburg oJ unction T' lP nndle ~ .. "Springs -0 ~ (j) <!J. .J.. 9- ~ ~ n: <S'e, % t'Otz., l'] f:? C/ wRO p 0<"'~ 0. ~ ~ -;Pd 'V~ ?S> ~ ~ oMechanicsburg Chestnut Hill Cemetery . Winding Hill., Shepherdstowno _15 rtif/ .~/' <?-..; ,,// ~'1/ ~y ~:I rll Q' ~ ~ 'X "0 0::' ::? cd .::::; ~o ~ 5 _ ~~'Ov<"~ CJjS1 ,.~e .... 'vv '~Cp :;:i :/ '3 s;. ~o G).... '?;~ ot- Le~ (\) -:Po- - .....-::...... ,,/' _/" / /'~ o mi 0.5 1.5 ... .......,............ '----::..- 11:.: _' '" Orchard Crest ., ~ I':i //1"'- ii SR"'4,/1 :",;, /i":"! .. i : OSR-114 /~/' /// 114 /;1/' /J(/ ::~!j.'l Orchard':' Terrace 80wmansdale ,. ., Grantham N~~ ~ ~ ;p ~ J!1 u: (/) COPYright ~ 19BB-2003 Mlcrosof: Corp. and/or its suppliers. All rights reserved. hllp:/Iwww.mcrosoft.comlstreets ~ CopYrlgh12002 by Geographic Data Technology, Inc. All rights reserved. Iii> 2002 Navigation Technologles_ All rights reserved. ThiS dala Jrtcludes irtformatlon taken WIth permsslon from Canadian authOrities @ , 991-2002 Govemment of Canada (StatistiCS Canada and/or Geomatics Canada). all rights reserved. 2 2.5 ~ ~ ~ ~ p \ I THE MCNAUGHTON COMPANY -<l n / ;:: 'i<-O \ cJ j/ StiOe\(. Dr .~ d:~~? ~, 0 ~ o _" Q? ~ Le High Park ~(Q~ .S;; <,\'Q ?f ~'< trJ 2004 1i ::r 0.. eD po r .. l r- t. l; t! tii [ F t~ "'_6 Form FmHA 1922-9 (Rev. 6-93) Cumberland Comps 2004 Sales UNITED STATES DEPARTMENT tit FARMERS ~OME ADMINlSTRATIO_ REAL ESTATE SALES DATA Buyer Hempt Brothers Inc. Seller Helga Azizkhan et al Property commonly known as: : Date of Transfer 111/29/04 I ~ Deed Town or NearestTown Mechanicsburg County Cumberland State . Pennsylvania I I U Contract IDENTIFICATION OF PROPERTY (Use Sec., Twp., Rge., when applicable) ACRES OR LOTS CONSIDERATION i$ I ,$ IS [ I i$ 1,000,000 100.96 Acre Farm, Silver Spring Township 100.96 i , Amount Stated Deed: 266-2207 Parcel: 38-09-0537-009 . Federal Stamps TOTAL ACRES OR LOTS CONVEYED .100.96 . State Stamps I I Assumed Mort a e MINERAL RIGHTS % TERMS OF SALE Arms Length S/AC Water Rights ZI Yes ...-.-J No . ACTUAL PRICE I S . Consideration Verified With , Courthouse 1,000,000 BUILDINGS CONTRIBUTORY VALUATION OF BUILDINGS AT TIME SOLD SIZE I USE- KIND I CONDI- FUL OF DIMENSION I TION RE- LIFE DEP. CON- , RE- :REPLACE~ KIND OF BUILDING YEAR CON- KIND FOUN- OR AREA STOR- I OF PLACE- TRIBU- ; BUILT STRUC- OF DA- OF GROUND IES I BUILD- MENT I MAIN I MENT i TORY I TION ROOF TION FLOOR I ING COST ING VALUE I VALUE I (1 ) (2) (31 (4) (6) (8) (9) (10) (11 ) (12) A. * DWELLINGS Old Fr M I 2964 FIP $ %: $ B. Bank Bam Old Fr M 8400 F/P ! C. I I D. I E. I I I F. I I I TOTALS I I I I I I * FACILITIES Z Water n Gas Z Central Heat Z Septic Tank : Sewer iZ Electricity CONTRIBUTORY LAND VALUES BY MARKET ABSTRACTION USE OF LAND (1) CROPLAND ACRES (2) SOIL DESCRIPTION (3) HaB HcC HcB,HcD DEPTH OF TOPSOIL (4) 8-10" KIND OF SUBSOIL (5) SiltLoam SiltLoam SiltLoam VALUE PER ACRE ; TOTAL (7) (8) 10,000 $ 949,955 95, I 6-8" 0-10" TOPOGRAPHY (6) 3-8% $ 8-15% 3-25% TOTAL CROPLAND PERM. PASTURE i I I ! 951 I I I ! I I 3-8% I 3-8% I MARKET VALUE OF LAND 1 ,000,000 MINERALS WOODLAND FARMSTEAD ROADS, ETC. TOTALS 67721 1~,~001 ~$ 2.961 31 100.961 HcB HcB 0-10" 8-10" SiltLoam SiltLoam 20 045 30,000 COMMENTS: (Include any hazards. detriments or limiting conditions) General farm purchased by area quarry operation as buffer for quarry andlor residential development. House is a perma-stone dwelling in fair condition and bank barn is general type barn. Buildings most likely do not contribute to overall property value. Farm has excellent limestone soils, mostly tillable (94%). Farm zoned Agricultural, not in Clean and Green. Overall & Land Value/Acre: 9905. Form F09M - "TOTAL for Windows" appraisal software by a la mode, inc. -1-BOO-ALAMOOE (1 ) CAPITALIZATION RATE CALCULATION LANDLORD'S RETURN YIELD TOTAL PROD TION CASH AND/OR RENTAL SHARE ACRES PER I PRICE GROSS RATE OR ACRE AMOUNT PER UNIT VALUE PERCENT VALUE (2) (3) (4) I (5) (6) (7) (8) I !$ 95 132 12,540 I 2.65 33,231 100 i$ 33,231.00 I CROPS Corn PERMANENT PASTURE ANIMAL UNITS I I i -I (Monthly Rent) I I I I I I is I i$ $ 33,231 FARMSTEAD, DWELLING RENTAL 3 CASH RENT WOODLAND 2.96 L WASTELAND, ROADS, ETC. ~ ~ TOTALS 100.96 DEDUCTIONS REAL ESTATE TAXES AND ASSESSMENTS l.2.,~.~~g~~.. L INSURANCE COSTS ON BUILDINGS MAINTENANCE COSTS BUILDINGS, FENCES, WATER SUPPLY, TILE......... OPERATING AND MAINTENANCE COSTS FOR IRRIGATION AND DRAINAGE · . ANNUAL PAYMENTS ON BONDED DEBTS OTHER DEDUCTIONS (SEEDS, CROP INSURANCE, WATER CHANGES, FERTILIZER, LIME SPRAY MATERIAL, HAULING, HARVESTING. GINNING, AND.......... MARKETING EXPENSES). Corn Expenses 157/Acre 14,915 TOTAL DEDUCTIONS $ 17,376 NET FARM INCOME $ 15,855 CAPITALIZATION RATE FOR THIS COMPARABLE 1.59 % (NET FARM INCOME/ACTUAL PRICE = CAPITALIZATION RAtE) ACTUAL PRICE I $ 1,000,000 . U.S.GPO:1996-758-462120134 Form F09M - "TOTAL for Windows" appraisal software by a la mode, inc. - 1-800-ALAMODE e e l ~ r- \; r-f 1: U r " i L~ l", , "":';;,:,.- f' . C/l -.~::- .'" , 0- ,. .~ ~ .: . e 1(>." ~-',..--~ . B.\og ~....;:--~ ~ ~11 ,:-- ~ ;0 ~ -;--:..-., _,AJ_ .. -z" ~ .-'-.------ ---tbi-..---..-.____. ~ ..0 . .' :.,-o~ ~. ?'-'? ()'. --- . . -' 2()oI~'.=:0Jq,...,.. ,...... .., 0( .' ".... '0'- ,-oDr)'town-'/.____ ~~~ ~. - -', O".sl ~::::;.! t9 t?, HOover Rd""'~~ ~ ~"'~' "-~ ~ /~ E e: -'0'(.' ~ "I '~"~P~ <:t-.\octJe ~, , ' ,:3, ::0 0., 0.,. ~:::::::~~~~~O';~-:-:::::::.::rrl~dle:Rd=-.::.:.=. ...::..-.::.::.,-:-.::.~. .~- \Sl ~ ~ ~ -<:l o. . ~ ,... ?::l 0., ./ .~6 .' &-e ~\~~ U" 0}- 00 =- i=' r: 1...0 , HEMPT BROS. INC ! 7' ,__---:; . 64,1' ::. =.--:::-'=-~ 0- - ,; ~', Locust Point, \. .~ Roxburyo n L,; -1..iSb/J. ; """'~cJ~~_, .,::;.:..:",::-:::.=-; ,/ '.: i.7 >-.. " :,>, <'- ~o- ~ W"LiSburn RcJ""'--', , =--'" ~;~-?n':'-'Sh\}ctJ~ '<' ==" ''',' ~ ~ ~~-"'-" 3' =~::~~~',;;l ~- --,~~~, 174 --~ ~, ~ ~ ~ ~:-. ."1:,, '~~ ~q >'~c. .-:::; 2004 ~ Bakers Church . C;~ete~_, Le High Parko '~.- -. '~Tfierrnan . Rd. .::0 ..0. "C ~ (U OJ "C iE Churchtown . 0.. Branctt'Rd ", ~ ~.; ~()'. .~~; .....;.: .......- :.:.~." .> Springville-- Cemetel)l :. ~ .. -- __ ~ CD .... C/l ~ . Mount Zion . Cemetery 74 . -: -.~...-:-.- '.~. . sa'sh' .~o..,. - . ..t$.. -- .- . ,D.l .. -.."... ---~r~s..S'1.eT\\)~ '-=-:e , ......, C}esk F?a Yo..~~~;t-- '~. Rd' \rid\ai\ ?e~.; -..:-.-....-....0: , Boiling"~~.:. Springs Leidighs~ \.e\otgh Dr- ,IdI'!1=" $'(.-._._,- "-'~W.h1"--'~~=-'--'" - ... ~. ? -' ~ 0- //~fRO , ,!,IbI'\~ Omi 1s,. ".,.c,. .... ~" ,': ;,~c,HustbnsMillo ~\., ,0:" "-:O~__\t: 3:.: -' . ~ .,;::. ~~ ~L Hogestow o~.:::-. ~":. 0'" . \N occs Dr" 1J4' ~' .~ ~ c ~ ___._ 0 .. .",,0 ,,0~ "- --- Djl1sburg~"" .. Jl:ll1ction <(0 ::...::'.:::" _.~- -, ...:..,,"...... sta~J'~"ifi~d~:.~'~~' " .';,'. .l;:> Spring. s'. ~. 9.. ~~' : o. .' ,:' 0 _ ~ , &e.<. (f)' .' .' I)!- tP. {\'(\:. _, 0-,... ~: <P- C'!;.. ,... ~ . "C " 0:::' tv ~ oS () aJ > o .... 'c,!) ! -.41 S~. .,St{oc\(.Dr . ~ & <f ~ ~0 <v~ ~ :r c.".~ CD I$'e, =~~ .,_, '0="- to~ ~cJ ;0 c. .....:~_.-:.;:.-:. ':..;'. .' : r-w\' "~',. ',. , ~cy..'" "'\::~ ?\-.----." ~ . '. <(~~ .. '~'...-:t,.:,..e~ '--------0$ '~""", /./ .-~..~~!! C. '& .;-:;.-- ": ! ~ /~___.1(,.: ~ ftll ~--)7"''',~oo'-1t__-::>:i if -:p./ ..-~ ~ ,7 0--' CD 0 ~--__,.:;Ji .. -/ ~.~. . //, //:' :,. 2 '~=;:--=7~===-~~.,=,--.. Copyright tel 1 988-2003 Microsoft Core. and/or its suppliers. All rights reserved. http://www.rnicrosoft.comlstreets ~ Copynght 2002 by Geographic Data Technology. Inc. All rights reserved. ~ 2002 NaVigation Technologies. All rights reserved. ThiS data includes information taken with permission from Canadian authorities ~ 1991-2002 Government of Canada (StatiStiCS Canada and/or GeomaUcs Canada), all rights reserved. 0.5 1.5 2.5 L r ~-=, p- i;;. f~ i L \. . I Town or NearestTown 'I Carlisle , I County o Contract' i Cumberland i State Pennsylvania ACRES I OR LOTS I CONSIDERATION I DEPTH OF KIND OF VALUE ACRES SOIL DESCRIPTION TOPSOIL SUBSOIL TOPOGRAPHY PER ACRE i TOTAL (2) I (3) (4) (5) (6) (7) (8) I 1301 HaB 8-10" SiltLoam I 3-8% $ 6,920 I $ 899,623 DuB 8-10" SiltLoam 3-8% HuA 10-12" SiltLoam 0-3% DuC 6-8" SiltLoam 8-15% HcB,HcB 0-10" SiltLoam 3-15% HcC,HcB 0-10" SiltLoam 3-15% 4,500 27,000 3 HcC HcB 0-10" SiltLoam 3-15% 4200 12 600 31 DuC 6-8" SiltLoam 8-15% 6,920 20,760 I 142 MARKET VALUE OF LAND '$ 959 983 (Rev. 6-93) FARMERS ~OME ADMINlSTRATlOpN REAL ESTATE SALES DAT e 8uyer John and Janice Mumma Seller Reza Azizkhan et al Property commonly known as: i Date of Transfer : 3/16/05 I rZJ Deed IDENTIFICATION OF PROPERTY (Use Sec., Twp., Rge., when applicable) 142 Acre Farm, Dickinson Township 142 Deed: 267-4861 Parcel: 08-10-0626-011 TOTAL ACRES OR LOTS CONVEYED 142 o No MINERAL RIGHTS % TERMS OF SALE Arms Length $/AC !Z Yes Water Rights KIND OF BUILDING BUILDINGS CONTRIBUTORY VALUATION OF BUILDINGS AT TIME SOLD SIZE KIND CONDI- OF DIMENSION TION YEAR CON- KIND FOUN- OR AREA STOR- OF BUILT STRUC- OF DA- OF GROUND IES BUILD- TION ROOF I TION FLOOR ING (2) (3) (4) I (5) (6) (7) (8) Old St SI St 3382 2 F/G (1 ) A. * DWELLINGS B. C. D. E. F. I 1 n Gas I I ~ Water I Z Central Heat I Z Septic Tank TOTALS * FACILITIES CONTRIBUTORY LAND VALUES BY MARKET ABSTRACTION USE OF LAND (1 ) CROPLAND TOTAL CROPLAND PERM. PASTURE omps I I Amount Stated : $ i Federal Stamps i $ I State Stamps i $ ! Assumed Mortgage I $ I i ! ACTUAL PRICE I $ I Consideration Verified With I Courthouse 1,100,000 1,100,000 USE-I' I FUL . RE- 'LIFE I DEP. j PLACE- I RE- ,REPLACE MENT 11 MAIN' MENT COST ING I VALUE i (9) (10) I (11) I : $ 2889921 57 %1 $64725 I i CON- TRIBU- TORY VALUE (12) 140017 : . I I I 288,9921 L: Sewer I : 164,7251 140,017 Z Electricity MINERALS WOODLAND FARMSTEAD ROADS. ETC. TOTALS COMMENTS: (Include any hazards, detriments or limiting conditions) Attractive stone dwelling on 142 acres. House set back from road in nice location. Soils include Hagerstown, Duffield and Huntington Series, 0-15% slopes. There are about 130 tillable acres (92%). Soil Productivity estimated at .92; Farm zoned Ag in Dickinson Township. Land not in Clean and Green. Overall Value/Acre: 7746, Building Value/Acre: 986, Land Value/Acre: 6760. Form F09M - ''TOTAL for Windows' appraisal software by a la mode, inc. - 1-800-ALAMODE TOTAL PRO.ON LANDLORD'S RETURN YIELD CASH AND/OR RENTAL SHARE CROPS ACRES PER PRICE I GROSS RATE OR ACRE AMOUNT PER UNIT VALUE PERCENT VALUE (1) (2) (3) (4) (5) I (6) (7) (8) Com I I 1$ 1$ 130 124 16,120 I 2.65 42,718 100 42,718.00 I I i I I I I I I I I I I i I I , I I ! I I i I i I FARMSTEAD, DWELLING I ] (Monthly Rent) , I r , RENTAL 3 I 750 g,OOO.OO I ! ! i CASH RENT WOODLAND 3 : I I WASTELAND, ROADS, ETC. I I I , ANIMAL I I I I I PERMANENT PASTURE I 6 UNITS ! 60 ;$ 360.00 I I TOTALS 142 ,$ $ 52,078 DEDUCTIONS REAL ESTATE TAXES AND ASSESSMENTS ..._.__._..........n........................_.._......................-. ................................................. l..S.~!.~!g~~.. INSURANCE COSTS ON BUILDINGS 824 ---.. ........". ...u.__h.........................._............ un_.....h.... ...-.........-.. .....n...... .................- _.....h..............u... MAINTENANCE COSTS BUILDINGS, FENCES, WATER SUPPLY, TILE............... 1,800 n___ --...... ..-.......... ......................... ....................... ... OPERATING AND MAINTENANCE COSTS FOR IRRIGATION AND DRAINAGE .. ....... . ...--..........-...... __...h__..... ......-.... ...........-. ........... ANNUAL PAYMENTS ON BONDED DEBTS ".-." --.........................-- ....--..............-.... - ............ ............ ............... . .... ......... ........... ..........--... OTHER DEDUCTIONS (SEEDS, CROP INSURANCE, WATER CHANGES, FERTILIZER, LIME ......-.... ......... .... .......... ........ ........... SPRAY MATERIAL, HAULING, HARVESTING, GINNING, AND MARKETING EXPENSES). .............................................. .................. ...-....-........ ....................-...... .............. ....... -.... ... . ........... ......-.. ....-......... . ...-.." .......... ............. Corn Expenses 157/Acre 20,410 ........-....... ........................................-... ................. ........... ............ ...... ....-....... .......... .... .. . -..... ..--..-..... .....-. ....-....................... Pasture Expenses 30/Acre 180 ............-. .. ........ ........ ...... .......... ............. .. ...... ................ ............. ......... ..-..... . ........-.... ... TOTAL DEDUCTIONS $ 31,361 ......-...... ............. .... ........-..- .......... ... ......... ............ .-.-.-......... ............ ............. ...... NET FARM INCOME ...................................... .................-........... ........................... ............ ..............-......-.. ... ......... ....... ..... $ 20,717 CAPITALIZATION RATE CALCULATION r- ( - r- \ . ,.- ! . L t ., L t L. CAPITALIZATION RATE FOR THIS COMPARABLE 1.88 % (NET FARM INCOME/ACTUAL PRICE = CAPITALIZATION RATE) . U.S.GPO:1996-75B-462/20134 Form F09M - "TOTAL for Windows' appraisal software by a la mode, inc. -1-80Q-ALAMODE ACTUAL PRICE I. 1.100.000 ~. , ' \..... /!!"!' .' ,,"' ~', .. f~ L e e f;;;' ~ 'l~' ':', "l<v;f~~,t:\,:;:. ," tx:- ~\ "t;~ ('\''f;~:~~~:;<~clM"?7~~\ <'f~/-i I ',- ,;:-~rvil,,~,+,S #"k'O ~0 "l,~ ,i ? "->')';. ?-f' ""~\,.~~'(:);~- ~ ,,_' '- ~ ' ,~' ~ ,. ;;;;. " 'N /",--<1 /~ ,,~,~,--,....,. ,,44,' " \' ~ ' "i' "G! !~', '"'... . , ' ;r=:;:~'''' 1 ~:;.~,,~< . ... 7" ,.-:., Ii'':'': "', ri.Y'! .,.J\5'" \~. / / . 0..; '. ". 'C . or,.........' '.f "r-l.J--'~ Y- ," . .. 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'''''~ '0, "- \ '~ ',--Mt Rock R~ /."'~' ....--:;::;::. \" _j / "..~~. I". =.!.i .\ . , \~ "~-~ . --- . ,,,,- ... ,'~"" ..,' ~ 'Moont" (! ____.' ',.-,.;" ../ 'I: /' #,/.<9' 'R ' Q" ,.... " ,=,~':/'\ ,,.. /' J '''\ '- "" ,"'" 0.' . ,-~ 0\ ~ o.".-~ ~~0~ ", -V"'I '- " ./ '. ---\ ~/ 1! :Z:'i \ 1\. , ; ~'1 " , " .,.^,~' : ". :9dr1 ..', \, /' , 'A ' '0 '--,/ ' " / . '"" - ' _r-' ' -, / J ,/ c' ~ '''0 C,.;g....d V' \_ v ,"*" - g ~ y,>' -' !'" · ~ "~""~ ~. _I ,,,,UJ<MI<FAAM';''' -,," ,~->;.. !'.> \ "- 'J? ~ r'" .,.... '..: ~~ ',' CoylO" ^' 'P''',-C' I . itll1 ,~~' $"~ \" "_Q~,\>(f~, ..-;.:..,;:~' " ff" / ~'" / y ___ ' \ ~, <$l "C- ~~ ~ .. .' t:: Y ;.r..'{ <9' _-.j . ,.$'---, '? \ _o~:l,,,,,4:0. ,<"/ I ~ \' ' / \~ 'ST,.,iz,-"', . 4'-J_,.",~-fi=~~< - ' ,~ ' ,/-C'r'" ~ " _, \ ,,,.'/,,'''' \ 'I "," " c.-=-i>-!' 0'7 "" ! I :l' ' .'-- Moo_'e ' ~ r' ., c..--: __...;;J,~~ ' "'\ cum_"iIIe. .- ." .. 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" _-.." \(. 1 ,J & ---'-~ /' ~/' ___~.'lcland .'."fl1! .1.~- ''$ i Y ---- 'r?~ /- /\ . ' iitl\-. ;;,/. .~ " . ,,/) ,~\ ",,,,'1 ~ , '!f ~ ~ Mi...".,k,;t;;. ,4,-,-' , / y -----, " /l'iV \ ! ~ ",. ' /' . ,,:;>. ' . "" , ~ -.J': · ... " , ,,.--' .'~/ ,,_, 1 .' "" R.~~r> ~ ' 0t//' 1~-/~ ~!~,~ oml 1 2 3 eow>o". ,_",........ 0.,. ""'." __", _ ---'. ,,,'_.m................ o eo,,"'" ""''' G....,.,""" ,..-.~. '" ",,, -..- -- ,....-. '" - --. ..,- "",- ,,-~ -~. -.... 0'.._" .-,~. ,,,,.,.,, -. """" (-"~ """" .""" - """", ,Ii ",..........,. LQCA T\ON MAP - r< r r L fA , l, I'orm I'm"!'. I ~LL-~ (Rev. 6-93) UNITED STATES DEPARTMENT OF AGRICULTURE e FARMER~ HOME ADMINISTRATI_ REAL ESTATE SALES DATA Cumberland Comps 2003 Sales Buyer McNaughton Co. Seller Richard Baldwin Properly commonly known as: I Date of Transfer 9/11/03 :x! Deed o Contract I~ Town or Nearest Town Boiling Springs County Cumberland I State ! Pennsylvania I CONSIDERATION ! Amount Stated I $ 814,500 IDENTIFICATION OF PROPER1Y (Use Sec., Twp., Rge., when applicable) ACRES OR LOTS 102.85 Acre Farm, South Middleton Township 102.85 TOTAL ACRES. OR LOTS CONVEYED 102.85 i i i Federal Stamps , $ i ' . State Stamps ; $ I Assumed Mort a e I $ I ! ACTUAL PRICE $ I Consideration Venfied With [Courthouse 814,500 Deed: 259-1165 Parcel: 40-10-0638-030 MINERAL RIGHTS % SIAC Water Rights ~ Yes ! '. No TERMS OF SALE Arms Length Overall Value/Acre: 7919, Building Value/Acre: 0, Land Value/Acre: 7919 BUILDINGS CONTRIBUTORY VALUATION OF BUILDINGS ATTIME SOLD .. SIZE I I USE-I , , KIND CONDI. FUL 1 OF DIMENSION TION ! RE- LIFE I DEP. CON. KIND OF BUILDING YEAR" CON- KIND FOUN- OR AREA STOR- I OF \ PLACE- RE- . REPLACE~ TRIBU- I I I ' MAIN i MENT I BUILT STRUC- OF DA- OF GROUND I IES I BUILD- MENT TORY , I I I TION : ROOF i TION FLOOR ING COST : ING ! VALUE VALUE '. 1 (1 ) (2) (3) , (4) I (5) I (6) I (7) (8) I (9) (10) ! (11 ) i (12) , A. .. DWELLINGS old I Fr ; M I St 1.884 ! 2 Fair '$ 100000: 0 %. $ I I B. Bank Bam old Fr M St 8.820 2 I Fair I 160 000 0 I i C. I I i i I I I [":- ~ TOTALS .. FACILITIES I Z Water I i i ! z: Central Heat I I I C Septic Tank ; I 260,000, :z Sewer I I ;. Z" Electricity I - D. E. F. Gas \ . CONTRIBUTORY LAND VALUES BY MARKET ABSTRACTION , - , ACRES I ~ DEPTH OF KIND OF VALUE USE OF LAND I SOIL DESCRIPTION I TOPSOIL SUBSOIL i TOPOGRAPHY PER ACRE I TOTAL i (1 ) I (2) I (3) , (4) I (5) I (6) (7) \ (8) I I CROPLAND , 951 HaB,DuB ! 8-10" I SiltLoam 3-8% " $ 8,000:$ 759.975 I I i Due I 6-8" I SiltLoam 8-15% I I Pe I 10-12" i SiltLoam i 0-3% ! \ I I HuA [ 10-12" T SiltLoam 0-3% i I i HcB,HcC . 6-10" I SiltLoam 3--;15% TOTAL CROPLAND I 95/ I PERM. PASTURE I 51 Pe f 10-12" I SiltLoam 0-3% 6,6001 33,000 i I ! I MINERALS I I l WOODLAND i .85 Pe i 10-12" 1 SiltLoam 0-3% 6,500 5525 FARMSTEAD I 2 Pe.HcC , 6-12" I SiltLoam 0-15% 8.000 16.000 I ROADS, ETC. I TOTALS I 102.85 I MARKET VALUE OF LAND $ 814500 COMMENTS: (InClude any hazards. detriments or limiting conditions) Development sale outside of Boiling Springs. Farm zoned Moderate Density Residential. Property has excellent frontage on two sides which totals @4,000'. Buildings include frame house, Bank barn & mise sheds (NoValue). Farm has about 95 tillable acres which is 92% of the total. Farm in Clean and Green. Soils are limestone & include Hagerstown, Huntington, Duffield & Penlaw. PrOductivity estimated at .85. Form F09M - "TOTAL for Windows" appraisal software by a la mode, inc. - 1-800-ALAMODE LANDLORD'S RETURN YIELD TOTAL PRODUCTION CASH AND/OR RENTAL SHARE CROPS ACRES PER PRICE GROSS RATE OR ACRE AMOUNT PER UNIT VALUE PERCENT VALUE (1 ) (2) I (3) (4) (5) '(6) (7) (8) '. I I I 1$ Corn I I . 95 I 115 10.925 2.65 '$ 28,951 100 28,951.00 I I ! i I I I I I I i I I I I I I : I I I I T I I I i ! FARMSTEAD, DWELLING I i i (Monthly Rent) I I . RENTAL 2 I -, I I ; I I i I I CASH RENT I , I i i I i I I WOODLAND I .85 I , WASTELAND, ROADS. ETC. I I ANIMAL : I . ! '. , PERMANENT PASTURE I 5 UNITS I 60 $ 300.00 I I TOTALS 102.85 i$ $ 29,251 DEDUCTIONS REAL ESTATE TAXES AND ASSESSMENTS ...... -........-.----. .0._.0. ... .... o. $ 2,384 C&G .........--............... .....---. ...---...... ....... .......... ...-........................ INSURANCE COSTS ON BUILDINGS ...... ___n.....__ ............-... .. ...---....-... .......--_. .............. --. ....---. 0- .__._......... .... .n. ........... MAINTENANCE COSTS BUilDINGS. FENCES. WATER SUPPLY, TilE........................................... ........--- -- .......... ... ...... ................--- OPERATING AND MAINTENANCE COSTS FOR IRRIGATION AND DRAINAGE ......... ..n. ........ . ........ ........-- ............ ..... ...........-. ----.. ANNUAL PAYMENTS ON BONDED DEBTS ....................................---................ ........... .. o_u . --.......... .,........-. ...... .--..... .................. OTHER DEDUCTIONS (SEEDS, CROP INSURANCE. WATER CHANGES, FERTILIZER, LIME. ..-......-- ....-............... SPRAY MATERIAL, HAULING, HARVESTING, GINNING, AND MARKETING EXPENSES). .....-............-.....-. --............ ...._..........u............... ............._--_..-.............. .......... ........ .. .-...... .... '-0"""-- ..... .. ............... Corn Expenses 157/Acre ..... . 14,915 ..................... .___...n..............._........_~__.. .......... ............-...-.......... ..... . ........... .. ....-- ..... .... ....... Pasture Expenses 30/Acre 150 ...--....... .. ........... .. ...... ......... ........................ ... ........ ... ....... ....- ..... .... TOTAL DEDUCTIONS $ 17,449 ...._----0... ..................--.. ........ .......... ..... ..-..... .........- . ......... ..._n.'_,"_'" ..--......... n. ..- NET FARM INCOME ..............--.........- ..........___.........._u... ........u. ..........--.. ..................-.. ............. ........... ---.......... ......... $ 11,802 CAPITALIZATION RATE FOR THIS COMPARABLE 1.45 % ACTUAL PRICE 814 500 CAPITALIZATION RATE CALCULATION l_ r- t , . r: l_-" ! . (NET FARM INCOME/ACTUAL PRICE = CAPITALIZATION RATE) . U.S.GPO:1996-758-462/20134 Form F09M - "TOTAL for Windows" appraisal software by a la mode, inc. -1-800-ALAMODE ,$ ~- e -- ,., ~' "~ .. " \~tf;'~':. , . soil 'MaP nt-on 'McNaug co - - LOCAT\ON MAP , ' ",.' .,," ,-==~',"~-. ~ ,.' r - P ~< \~~,,~;..,.~.",..'r ,.._...,,::"'.'.~ '., '.;;(\' .... .\_".~ ...':;.\ ,__,....~,_,~f._....~._..,.c....,.'..~.,;:~i..,..'.~.c.'" F~~" -~~.~p~ \~~ii . "':~;:' .~~ ~~<=-_~_:::::;~"'~; _~;.. .' '~;~~i!:24' ':.'\' "F~<;';';: ,. /y't ".' 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'.... ,- .~- :::...-;'," '.':" ~ ' ;:~ ~'l~~:;'/ ..._~;\~\.,<,:'\ ~~; ~.ici( \\"\7.1*";' .' ." ...., ,-,/'" Ii ~ . /1.!"" &' - ,~' 'T""~ "',' " A, ~r \,,\ <>- ' r~i lt i it.!~."",.-fb. ;" /~> _ ""I =' ',' ' <>- "," ,l .' . .,..' // i _~T!\ ~ \#~""'~-r" ;;~,.3\.% ChU~~/'- ,~ q,,,,, ~ );l"-eF"~ ..' _,- a: ~ ~io"ara;;,;;Rd /~'" ];.6/ 'b.p ,,= \.;."Y!~~",:f/ff~s.;;; ,,%.~A.n_'J, :; '1 g. 'R ~~;fs~'le '1'", :I: .. 10, . . .. ,", f,p~ """ . . ..,,~"O"'C" -- j-" ;\> \ " \:;< ~O)~<>i!( RlfA. <>< ,,. $d'\~ :spriflgs-1<A -- '.= ,;y='" "'* , '~'c ~~' ,--c,.\1~.~~i~,;(,:~:?~~I[~<~"1 ~'" .a ; ~~t:- C""9-d 1:.", springs ";. Le;;''''' ;.,-_/~j //~.. " oye ,'......" / ,~-', ,,,;;:4.iIP -:::,,;;:?, 1\,~' ./' <, """'d.,,",~4i;"::" .,--.,~".~~<i3t ".}:'" . "'~'-r.=-/it Hall<>". Hlrtkertl> ,.,~?t>' it ~._-' ~4'~'~ .~~~ b G ",/,~,.,. ~ ,= : ~.,. i~ '.,. '-c3;j;~t,~~ ~~~tr""'~~~~' ,',' r?' Wh"~~~"~= , . ../ ~ ~__" 1l . t! /~,,~ i ca"'sie--~'--- '. :A> Spnngs c~,.y..r"""'ll~}.UncI~-"-""":-_/ .i'., f _/' ,:.w~'\ (:~<r". J~ ~-;=:" ", . 'k'\ r:;".' ""<>,,, ",'" "" "d 1'Od '\~'~,. .;E Yf~~':f~L" "'~/ . · ii, '" ~"', tt-Rd' -<P ' -,~cinv.le'" ,~>(J"" ,/-=,' " , .' , _.,9.<")I~"--; 'Jr;,., ~~~ ~.'R--e ' ;! E_ i=" .,~? ..-:;.;.-' f- , i '-- r" I t,.,. C L. ~:.~:== f" \ L i L' 1::: /'~ ,// ./'~/ // /'-:;;. . ,.,.;.,:.c:.:>-- 2 _..,.,---".""""",~,,,,;~,,"-- "",--- . '"""..' "'" '" __ _ ".,"''''',~. '" _ ,,.,,,.,.. ,00' ...-~ """""_. '" '... ",-' "'" "" ""'... ,,,- -... - "'" 0>"'''"'-. ,"",""",...._. """, ,....".. 0>"''' ""'"' -~ .,.-"" --- 'J:i '\ om'! r ' \.-- ro;- t L. F E b ri & FI- E f~ h ~ -~ --, e e BRIAN D. PEDRICK, IFAA PA State Certified General Appraiser, License # GA-001200L FORMAL EDUCATION: The Pennsylvania State University, University Park, PA 16802. Received a Bachelor of Science degree in General Agriculture in 1982. National Association of Independent Fee Appraisers Inc. Principles of Farm, Ranch and Rural Appraising - 1996 Advanced Farm, Ranch and Rural Appraising - 1996 Capitalization Rates, Discount Rates and Ratio~ ~ 1996 Uniform Standards of Professional Appraisal Practice - 1997, 2000, 2003, 2005 Pennsylvania Real Estate Appraiser Law and Regulations - 2000,2002, 2004 Litigation Valuation - 2001 Appraisal Institute Partial Interest Valuation - Undivided - 2000 Uniform Appraisal Standards for Federal Land Acquisitions - 2004 Assessors I Association of Pennsylvania Fundamentals of Real Estate Appraisal - 1993 Site and Market Analysis - 1993 Cost Approach to Value - 1993 Income Approach to Value - 1993 Appraisal Standards and Ethics - 1995, 1997 Pennsylvania Real Estate Law and Regulations, 1999 Berks Real Estate Institute Real Estate Tax and Investment, 1998 Pennsylvania Realtors Institute Appraisal Standards and Ethics - 1993 Narrative Report Writing - 1993 Introduction to Commercial Appraisals - 1993 Institute of Real Estate Studies Real Estate Law - 1993 Real Estate Investment - 1995 Real Estate Finance - 1995 Residential Construction - 1996 Property Management - 1997 Lee and Grant Company Appraising Historic Properties - 1995 Environmental Hazards - 1995 Eminent Domain - 1995 Appraisal Standards and Ethics - 1995 McKissock Data Systems Real Estate Fraud - 2001 L': r t :; W f'~ t. [ :- L. . L I 2 Ea Witness Tes~imony - 2001 e Pennsylvania State University Agricultural Engineering Workshop - Dairy Housing - 2002 Received credit for 21 undergraduate business courses from area universities, 1985-1988. PROFESSIONAL EXPERIENCE: Agrarian Associates, Inc.: President and Director of Appraisal Services, 1993 to present. Responsible for the administration of appraisal services for the south-central Pennsylvania area. Agrarian Associates Inc. is an appraisal company that specializes in Real Estate appraisal of agricultural properties, including Fair Market Values, Agricultural-Use Values, Property Tax Assessment Appeals and Conservation Easement Values. USDA Farmers Home Administration: 1983-1993. County Supervisor in Lancaster, Berks and Schuylkill Counties. Responsible for the administration of a variety of Agricultural and Residential loan and grant programs including all aspects of loan making and servicing. Duties included appraisals of farms, residential properties and chattels and providing management and technical advice to borrowers as well as the management of the county office. Caseload included 150 farm accounts and 600 housing accounts. Certification, Designations and Memberships: State Certified General Appraiser. General Certification # GA-001200-L. Senior Agricultural Designation - National Association of Independent Fee Appraisers (NAIFA). Master Planner Class - Lancaster County Planning Commission - Spring 2002 Member of the Assessors' Association of Pennsylvania (AAP). North Cornwall Township Agricultural Preservation Board Member Member of the Lebanon County & Pennsylvania Builders Association Past President, Mount Gretna Snowmobile Volunteers SAMPLE ASSIGNMENTS (A~arian Associates Inc.): 2,500-sow farrow to feeder complexes 600,000-bird layer operation Several 500 + cow dairy facilities 2,800-sow farrow through wean facilities Sew pig nurseries Wean through finish hog facilities 48-unit subsidized elderly housing complex 48-unit subsidized housing complex 100,000 bird/year feather bird complex (fly fishing lures) Over 50,000 Acres of Land for Agricultural and Conservation Easement Purposes ACCOMPLISHMENTS (FmHAl: County Office of the Year, 1991. County Supervisor of the Year, 1989. Runner-up County Office of the Year, 1985. Most active office in Pennsylvania based on loan volume, 1991 and 1992. Only office in Pennsylvania to implement the Guaranteed Rural Housing Loan Program(1992). Among the lowest farm and housing program delinquencies in Pennsylvania. Eliminated 25 collection farm accounts while covering Berks/Schuylkill Counties. e e ACCOMPLISHMENTS (A!rrarian Associates Inc.): Real Estate Appraisals of 150-250 agricultural properties per year. Approved appraiser by most of the agricultural lenders throughout central and south-central Pennsylvania. Counties serviced include; Adams, Bedford, Berks, Bradford, Cambria, Centre, Chester, Clinton, Columbia, Cumberland, Dauphin, Franklin, Fulton, Huntington, Juniata, Lackawanna, Lancaster, Lebanon, Lycoming, Mifflin, Monroe, Montgomery, Northampton, Northumberland, Perry, Schuylkill, Snyder, Somerset, Susquehanna, Union, Wayne and York. OFFICE: .. , Agrarian Associates, Inc. 243 South 8th Street, Suite 2 Lebanon, P A 17042 (717) 228-1510 - telephone (717) 228-1512 - fax agrarian@nbn.net - e-mail (' f , "- r t... r ~ -- i,;; f-'" , - , - i . \ . e e ~':.\..J..(. ~:'~""'~ .../.....,.<. .....':.\......... L r l L [ f" L r' f ~ . "',,' :-...../.......:;:;::.. ... CI) .!!! "'d~r. .::,> '"5. (I)' c .. .:.' ..(1)..:. Cri '0 .~t.i. " '~"" '.-, .l:s..\-::' w > D::N ::s::C~ 01-"'" - CI) ..... O::W< tip!: a. a.pZ 00::0 ZOZ <Z< -om O::N.W mt;'l..,J e e ..-, '"" .. tll"l '" .,. ... T P ., .~" , Po..., 0<. t . ' . "" r 1 - '.. -.J I, ,. .:...tt.t.:' _~: f' j:: ,,~. "" "1""" . ~ _ v U 1""4 i . -,~ 0 r= n ':" ~ ,.-~ ~ '.- L.... t\ . 1..' L. L ~~. _~) ~ U f,~ 8 E F~ L /. ~ ~ ~::' c c. ~" :. j ';' ._ 2005 JUN 17 ArJ a Y2 Tax Parcel No. 22-09-0539-016 THIS INDENTURE, MADE THE 1.5+~ day of j '^n~ (2005) , two thousand five BETWEEN SAMUEL M. SIMMONS, III, Executor of the Last Will and Testament of SAMUEL M. SIMMONS, JR., late of Monroe Township, Cumberland County, Pennsylvania, and SAMUEL M. SIMMONS, III, Individually, of Mechanicsburg, Cumberland County, Pennsylvania, parties of the first part, and SAMUEL M. SIMMONS, III, and SUZANNE W. SIMMONS, husband and wife, of Mechanicsburg, Cumberland County, Pennsylvania, parties of the second part: WHEREAS, the said Samuel M. Simmons, Jr. by his Last Will and Testament, duly proved and recorded in the Cumberland County Register of Wills Office, Pennsylvania, in Docket Book 21-05- 0139, Letters Testamentary being issued on February 10, 2005, provided, in pertinent part, as follows: 4. \ I nominate, constitute and appoint my son, Samuel M. Simmons, III, Executor of this my Last Will. NOW THIS INDENTURE WITNESSETH, that the said parties of the first part, by virtue of the power and authority aforesaid, in said Will contained, and in consideration of the sum of One Dollar ($1.00) to him paid by the said parties of the second part, at arid before the ensealing and delivery of these presents, the receipt whereof is hereby acknowledged, has granted, bargained, sold and conveyed, and does hereby grant, bargain, sell and convey to the said parties of the second part, their heirs and assigns forever: ALL THOSE CERTAIN three (3) pieces, parcels and tracts of land situate in Monroe Township, Cumberland County, Pennsylvania, bounded and described as follows, to wit: - e TRACT NO. 1 BEGINNING at a stone corner of lands of George Simmons; thence by lands of said George Simmons West fifty-seven and eight-tenths (57.8) perches to a stone; thence by lands of same and Charles Ritter North one-half (1/2) degree East fifty-seven and one-tenth (57.1) perches to a stone in the center of .Trindle Road; thence by the center of said road South eighty-eight and one-half (88- 1/2) degrees East, fifty-one and three-tenths (51.3) perches to a stone; thence by the center of same North eighty-eight and one- half (88-1/2) degrees East, seventy-eight (78) perches to a stone; thence by center of same North, eighty-four (84) degrees East, twenty (20) perches to a stone in center of said road; thence by lands of John Buffington South seven and one-half (7- 1/2) degrees East, thirty-one and one-tenth (31.1) perches to a stone at corner of lands of Samuel M. Simmons; thence by the same South sixty-seven and one-fourth (67-1/4) degrees West, twenty- nine and five-tenths (29.5) perches to a stone; thence by lands of same South forty-seven and three-fourths (47-3/4) degrees West, eighty and nine-tenths (80.9) perches to a stone at corner of lands of Jacob Rowe; thence by lands of same North fifty and one-fourth (50-1/4) degrees West, twenty-eight and seven-tenths (28.7) perches to a stone at corner of lands of the aforemen- tioned George Simmons; thence by lands of George Simmons North thirty-nine and three-fourths (39-3/4) degrees East, twenty and four-tenths (20.4) perches to a stone, the place of BEGINNING. CONTAINING fifty-seven (57) acres and forty-two (42) perches. EXCEPTING AND RESERVING, THEREFROM, the following pieces or parcels of land: (1) Deed dated November 19, 1971 from Samuel M. Simmons, Jr. and Celesta E. Simmons, husband and wife, and recorded November 24, 1971 in the Cumberland County Recorder of Deeds Office in Deed Book "J", Vol. 24, Page 945 to the Columbia Gas Transmission Corporation. (2) Deed dated November 24, 1997 from Samuel M. Simmons, Jr., single man, and recorded November 26, 1997 in the Cumberland County Recorder of Deeds Office in Deed Book 168, Page 649 to KimJon, Inc., a Pennsylvania Corporation. 2 e e TRACT NO. 2 BEGINNING at a stone on line of land of William L. Singiser, thence along the same South, fifty-four and one-fourth (54-1/4) degrees East, one hundred twenty-two and five-tenths (122.5) perches to a stone; thence along lands of John Warner estate, North forty (40) degrees East, Sixty-six (66) perches to a Hickory, thence-along lands of Charles Simmons, North thirteen and one-fourth (13-1/4) degrees East, one hund~ed seven and five- tenths (107.5) perches to stones on line of Jacob Snyder, thence South eighty and three-fourths (80-3/4) degrees West, forty and nine-tenths (40.9) perches to a stone, thence South ten (10) degrees West, twelve (12) perches to stones, thence South seventy-nine and one-half (79-1/2) degrees West, thirty-five and three-tenths (35.3) perches to a stone, thence North twenty-six and one-half (26-1/2) degrees West, twelve (12) perches to a stone, thence North eleven (11) degrees West, two and four-tenths (2.4) perches to a stone~ the last five lines being along the line of Mrs. John Buffington's lands, thence along line of lands of John Simmons, thence South sixty-three and one-fourth (63-1/4) degrees West, twenty-nine and nine-tenths (29.9) perches to a stone, thence along the same, North forty-four (44) degrees West, eighty-one and five-tenths (81.5) perches to a stone, the place of BEGINNING. CONTAINING eighty-seven (87) acres and one hundred fifty-seven (157) perches, be the same, more or less. EXCEPTING AND RESERVING, THEREFROM, the following pieces or parcels of land: (1) Deed dated July 31, 1970, from Samuel M. Simmons, Jr. and Celesta E. Simmons, his wife, and recorded August 7, 1970, in the Cumberland County Recorder of Deeds Office, in Deed Book "T", Vol. 23, page 155, to Samuel M. Simmons, III. - (2) Deed dated July 1, 1974, from Samuel M. Simmons, Jr. and Celesta E. Simmons, his wife, and recorded July 9, 1974, in the Cumberland County Recorder of Deeds Office, in Deed Book "R", Vol. 25, page 732, to PaulO. Styer and Pearl M. Styer, husband and wife. (3) Deed dated March 17, 1999, from Samuel M. Simmons, Jr., single man, and recorded April 1, 1999, in the Cumberland County 3 e e Recorder of Deeds Office, in Deed Book 196, Page 901, to Samuel M. Simmons, III and Suzanne K. Simmons, husband and wife. It is to be noted that this conveyance represents Lot Nos. 3 and 3A on the Final Subdivision Plan for Samuel M. Simmons, Jr., said plan being recorded in the Cumberland County Recorder of Deeds Office in Plan Book 78, Page 102. Further, a portion of this conveyance is described and referred to in the Deed dated March 17, 1999 from Samuel M. Simmons, III and Suzanne K. Simmons, also known as Suzanne W. Simmons, and recorded April 1, 1999; in the Cumberland County Recorder of Deeds Office in Deed Book 196, page 905, to Samuel M. Simmons, Jr., the decedent herein. TRACT NO. 3 BEGINNING at an iron pin at the corner of public road; thence along the public road North sixty-two and one-half (62-1/2) degrees East, forty (40) perches to an iron pin at the land now or formerly of H. Eichelberger; thence by land now or formerly of H. Eichelberger and now or formerly of Peter Gross, North thirty- five (35) degrees West, twenty-six and eight-tenths (26.8) perches to a post at land now or formerly of Peter Gross; thence by land now or formerly of Peter Gross, North fifty-one (51) degrees East, five and sixty-eight one-hundredths (5.68) perches to a post; thence by same North thirty-three and one-half (33- 1/2) degrees twenty-three and two-tenths (23.2) perches to stones; thence by same North sixty-six (66) degrees East two and eight one-hundredths (2.08) perches to stone; thence by same North seventy-six (76) degrees East, nine and four-tenths (9.4) perches to stones; thence by same North sixty and one-half (60- 1/2) degrees East, nineteen and forty-four one-hundredths (19.44) perches to a stone at land now or formerly of N. F. Whitman; thence by land now or formerly of N. F. Whitman North twenty-four (24) degrees East, thirty-two and sixteen one-hundredths (32.16) perches to stone at 'land now or formerly of Peter Gross; thence by land now or formerly of Peter Gross, North thirty (30) degrees West, eighty-two and eighty-eight one-hundredths (82.88) perches to stone at land now or formerly of Joseph Eckerd; thence by land now or formerly of Joseph Eckerd South eighteen (18) degrees West, twenty-seven (27) perches to stump; thence by same South forty-six (46) degrees West, sixty-six and thirty-two one- hundredths (66.32) perches to stone at lands now or formerly of Mary Hoover; thence by land now or formerly of Mary Hoover South forty-four (44) degrees West, twenty-five and fifty-two one- hundredths (25.52) perches to post; thence by same South eighty- 4 e e four and one-half (84-1/2) degrees East forty-three and two- tenths (43.2) perches to hickory tree at land now or formerly of Mary Fulmer; thence by land now or formerly of Mary Fulmer North sixty-four (64) degrees East, thirty and seven-tenths (30.7) perches to stones at public road; thence by same, and land now or formerly of Daniel Bowman, South twenty-four (24) degrees East, seventy-seven and seventy-six one-hundredths (77.76) perches to iron pin at public road, the place of BEGINNING. CONTAINING sixty-one (61) acres and one hundred twenty-seven (127) perches. EXCEPTING AND RESERVING, THEREFROM, the following pieces or parcels of land: (1) Deed dated May 8, 1986, from Samuel M. Simmons, Jr. and Celesta E. Simmons, husband and wife, and recorded June 3, 1986, in the Cumberland County Recorder of Deeds 6~f~ceifl. .. ~eed Book "X", Vol. 31, Page 846, to Commonwealth of pennsYI~n1a, Depart- ment of Transportation. , (2) Deed dated July 26, 1991, from Samuel M. Simmons, Jr. and Celesta E. Simmons, husband and wife, and recorded in the Cumberland County Recorder of Deeds Office in Deed Book "F", Vol. 35, Page 898, to Bruce N. Seik and Karen D. Seik, husband and wife. Being Lot No.2, on the Final Subdivision Plan for Samuel M. Simmons, Jr. and Celeste E. Simmons, husband and wife, said plan being recorded in the Cumberland County Recorder of Deeds Office in Plan Book 62, Page 35. (3) Deed dated July 19, 1993, from Samuel M. Simmons, Jr. and Celesta E. Simmons, husband and wife, and recorded July 22, 1993, in the Cumberland County Recorder of Deeds Office in Deed Book "K", Vol. 36, Page ~28, to Raymond L. Simmons and Mary K. Simmons, husband and wife. Being Lot No.3, on the Final Subdi- vision Plan for Samuel M. Simmons, Jr. and Celeste E. Simmons, husband and wife, said plan being recorded in the Cumberland County Recorder of Deeds Office in Plan Book 62, Page 35. (4) Deed dated February 3, 1994, from Samuel M. Simmons, Jr. and Celesta E. Simmons, husband and wife, and recorded February 7, 1994, in the Cumberland County Recorder of Deeds Office, in Deed Book 101, Page 283, to Paul E. Diller and Dorothy Ann Diller, husband and wife. Being Lot No.4, on the Final Subdivision Plan 5 e e for Samuel M. Simmons, Jr. and Celeste E. Simmons, husband and wife, said plan being recorded in the Cumberland County Recorder of Deeds Office in Plan Book 62, Page 35. (5) Deed dated April 27, 2004, from Samuel M. Simmons, Jr., single man, and recorded April 28, 2004, in the Cumberland County Recorder of Deeds Office, in Deed Book 262, Page 3574, to Kenneth L. Hurley and Deborah A. Hurley, husband and wife. Being Lot No. 6 on the Final Subdivision Plan for Samuel M. Simmons, Jr., said plan being recorded in the Cumberland County Recorder of Deeds Office in Plan Book 88, Page 122. (6) Deed dated April 26, 2005, from Samuel M. Simmons, III, Executor of the Last Will and Testament of Samuel M. Simmons, Jr., late of Mechanicsburg, and recorded May 25, 2005, in the Cumberland County Recorder of Deeds Office, in Deed Book 269, Page 88, to Kenneth L. Hurley and Deborah A. Hurley, husband and wife. Being Lot No. 5 on the Final Subdivision Plan for Samuel M. Simmons, Jr., said plan being recorded in the Cumberland County Recorder of Deeds Office in Plan Book 88, Page 122. BEING the same three (3) pieces, parcels and tracts of land which Samuel M. Simmons, Jr., and Celesta E. Simmons, his wife, by their deed dated March 20, 1973, and recorded in the Cumberland County Recorder of Deeds Office in Deed Book "L", Vol. 25, Page 141, granted and conveyed unto Samuel M. Simmons, Jr., and Celesta E. Simmons, his wife. The said Celesta E. Simmons died on November 28, 1995, whereupon full and complete title to the within described premises became vested absolutely and in fee simple to Samuel M. Simmons, Jr. The said Samuel M. Simmons, Jr. died February 2, 2005. THE SAID Samuel M. Simmons, III, is intermarried with Suzanne W. Simmons. TOGETHER with all and singular the rights, liberties, privileges, hereditaments and appurtenances whatsoever thereunto belonging or in anywise appertaining, and the reversions and remainders, rents, issues and profits thereof, and all the estate, right, title, interest, property, claim and demand whatsoever of the said Samuel M. Simmons, Jr. at and immediately before the time of his decease, in law or equity or otherwise howsoever, of, in, to or out of the same: 6 e e TO HAVE AND TO HOLD the said granted premises to the said parties of the second part, their heirs and assigns forever. AND the said parties of the first part, do covenant, promise, grant and agree, to and with the said parties of the second part, their heirs and assigns, by these presents, that the said parties of the first part, have not done, committed, or knowingly or willingly suffered to be done, any act, matter or thing what- soever, whereby the premises aforesaid, or an~part thereof, is, are, shall or may be charged or encumbered, in title, charge or estate, or otherwise howsoever. IN WITNESS WHEREOF, the said parties of the first part have hereunto set their hands and seals the day and year above writ- ten. Signed, Sealed and Delivered in the Presence of .=:.~~ S-~^__Gt (SEAL) Samuel M. Simmons, III, Executor of the Estate of Samuel M. Simmons, Jr. ~orr ~~~~~fu Samuel M. Simmons, III, ally ( SEAL) Individu- 7 - tit COMMONWEALTH OF PENNSYLVANIA SSe COUNTY OF CUMBERLAND On this, the /5-i-h-- . day of :-~c.....),i..L , 2005, before me, the undersigned officer, personaltY appeared Samuel M. Simmons, III, individually and as the Executor of the Estate of Samuel M. Simmons, Jr., known to me (or satisfactorily proven) to be the person described in the foregoing instrument, "and acknowledged that he executed the same in the capacity therein stated and for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. ---r-1 .....' 7"). ...J-~.' ''''. r, . ", .. _ D C'ln u' I -x. / \. .,~J._:.J (tl, I I v ) Notary Public My Commission ( SEAL) Expires: COMMOlMEAllM OF PEftllSYlYMIA IIOTARIAL SEAL 8OII11E L WlWAIIS, lorAIW PUBlIC SH1REMAftSlOWll BORa.. CUIlBERlMD co. MY COMMISSlDII EXPIRES APRIl!8 2009 CERTIFICATE OF RESIDENCE I do hereby certify that the precise residence and complete post office address of the within named grantees is 72 S. Locust Point Road, Mechanicsburg, PA 17055. ~lr ,2005 (/~o 18~k- Jam s D. Bo{a~ (N.T.S.) Attorney for~rantees PLEASE RETURN TO: James D. Bogar, Esquire One West Main Street Shiremanstown, PA 17011 8 Rev-1503 EX+ (6-98) e SCHEDULE B STOCKS & BONDS e *' COMMONWEALTH OF PENNSYL V ANI" INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Simmons, Samuel M. Jr. FILE NUMBER 21-05-0139 All property join1ly-owned with right of survivorship must be disclosed on Schedule F. ITEM CUSIP VALUE AT DATE NUMBER NUMBER DESCRIPTION UNIT VALUE OF DEATH 1 eM 996350 3,360 shares of Rite Aid Stock 3.69 12.398.40 2 Series EE Savings Bond, denomination $500.00 - . 776.00 Serial No. 06866896, issue price-$250.00; accrued interest $526.00 .' - TOTAL (Also enter on Line 2, Recapitulation) 13.174.40 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule B (Rev. 6-98) .. n ~ g z ~s ;U! !~ UlG oj. ;Uz co Ul" \' j~ ~ ~~p ~r:. ~ ~ · '11 ~'JEz i i ~ ! 0 -< ~ :II 0 a ~ :u ~ !P' z . . . .. . c . .. :J>I Cl G'l Cl 1--1 ~ I-" r: F ~ i ~ ~ 1 . .. . If- ~~ !~ D ~ ~ , ~~~~ ~~~~K ~~!~ ~~~~ ~i i-.~.~' lai ~t ~l ~~ :: t ~[~ S ~ ~~. ~~ ~ \...\:':s;"..._ ~~"t~~co -:,.~~l'..~ ;t ~ ~: \i ~. CI ~..' i:{'~l ~' ~ ~,. ,.. ... ., UJ ' En . PI . En -, En ~. rD ' J;; ~En ,{ ~ !t~ '~~~~ ~ ~,~z: j-<t;~~~~ -;t , ".~9, ~ ;,')>'k' ~'h';'~!!l ~.i'. ~t g ;. l-. >",.. _ '" ~"i""',l;',~> ~ _ ~."'.."~:"~'>>'.~:l~' i' !;: . ~'~!~... '" "~""... ~ ~, '.t 1.... ~~'f" ~ i! ~'.. ,.... ~ f:::a ,,'~./ ~ a ~ ~~ 1 ~ t~ lfS'" ,,~~W_1> 1I :;: ~{.'a~ ..'~... !: co . .~.,~"t t. ~ "~~;~" ~~'" .,~ ~I~ . ~ ~ ~ /)f - "~t.\'"'l. ~ t~~ ~ ~%~ !;: ... ~ .Jl t.. ~ '~~ ~ ~~! ~l~"'l ~~ f~t~ ::.:. ~~. ~ ~ ~t ~ ..... c VI H "0 "'" 0- "'" "'" In J: .... o J: n - z o o :Jl 0 .. .. o '" :Jl .. > n ~ ~ ^' ~ S z ~ ~ ; :Jl ~ .. ... .. x E '" .. .... :;; ~ i en ~ ~ ~ ... " ~ ~ . ~ ~ > Il ~ ~ o D .. ~ () :3: a \0 \0 Ct\ W UI N a N "'" Ct\ "'" "'" lJ1 ,r. a w a ..... a UI a a a a hJ a CD h.l ol:> >-i ::0 ;J>' a a I-" \0 UI Ct\ N ou lVil. - -0-1 Om ;;;0 n o ~ ~ o z a n " :)> D '" .... > :E > :Jl '" - ~c Savings Bond Calculator Page 1 of 1 e e 02/2005 !Updatel ~... SaV~SB~nd. ~ ~ -Ji; Value As Of Bond Info Series Denomination Serial Number Issue Date EE Bonds $ 500 I;r Add:, :1 Results # Bonds 1 Total Price $250.00 Total Interest $526.00 Total Value $776.00 YTD Interest $15.20 Serial Number Issue Date Series Issue Denom Price Interest Value Interest Rate Next Final Accrual Maturity Note 07/2005 01/2015 IDell D6866896 EE 01/1985 EE $500 $250.00 $526.00 $776.00 4.00% Le end Note Description NI Not Issued NE Not Eligible for Payment P5 Includes 3-month interest penalty MA Matured and Not Earning Interest Please rate this service. (Please print and/or save this page before submitting your survey) Service Excellent Good Fair Poor Savings Bond Calculator o o o o Submit Survey ] [ Reset I http://wwws. publicdebt. treas.gov /BC/SBCPrice 2/21/2005 e , , ,- \.f'\ I~ ' CO;~ :'. e i c::J"'1-/ .""!" t ....', ::'; . 0 . \1 ~ lo( ~I I ~...""" e .,... ~ I\~ .' ~ " m1\'f- i c@:) .... 'i \ III '";! ::...e.. ...l~ ,.:l ..-, s:: 'Z il' ~ ' ro ~ .....___Z l-) ,- ~ .' do: l- ""':"? ......---.. " C \A- . . ,UI ,e:: ':::1 , C::1 : ~ , i: .c: :: ~ \.0 \.0 \.0 C""\ t N .... 'I.!'\ Jr 'I.!'\ 0 CO r- .... r-4 . CD . ~ s:: ro .., o Pol ~; .. .. tJ) ..-{ t:n tlD s:: tr.l~~ 0 . CD ..0 ! r::!l~tJ) C) C) t:n a5 O..-{ ~~ ~ r-4 Q) Q) .;::: ~ r-4tr.lC) Q) Q) O.-l~ t:n e ,,0, w w c..o en CO c..o c..o CO c..o p 1 i~ i~ J. ~'~':. ~, 1 u n . ii ~i !~ \ n ~~ .. ~I it i ! \" , tS r:n .~_. ~ tn .0 -- -- - .-.. Rev-1508 EX+ (6-98) e SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY e *' COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Simmons, Samuel M. Jr. FILE NUMBER 21-05-0139 Include the proceeds of Imgation and the date the proceeds were received by the estate. All property jointly-owned with the right of survivorship must be disclosed on schedule F. ITEM NUMBER DESCRIPTION 1 AgSource-Genex - Revolving Fund Certificate-Equity Refund VALUE AT DATE OF DEATH 1,544.56 2 AgSource-Genex - Revolving Fund Certificate-Equity Refund-Additional Funds Received from Sale 42.92 3 Bellville Auction - Proceeds from Sale of Cows 517.00 4 Capital Blue Cross - Refund of Long-Term Care Premium 319.40 5 Cash - On Hand 286.00 6 Lanco-Pennland - Sale of Milk Proceeds 1,051.12 7 Lanco-Pennland - Sale of Milk Proceeds 468-.01 8 Lanco-Pennland - Sale of Milk Proceeds 751.82 9 Lanco-Pennland - Sale of Milk Proceeds 29.67 10 Nationwide Insurance - Refund of Premium 227.35 11 Nationwide Insurance - Refund of Overpayment 89.00 12 Penn Treaty Network America Insurance - Refund of Premium 95.54 13 PNC Bank - Certificate of Deposit, Account No. 31800237218, date of death balance $10,000.00; accrued interest $36.91 10,036.91 14 PNC Bank - Checking Account No. 5070084986, date of death balance $2,744.91; accrued interest $0.21 2.745.12 15 PNC Bank - Savings Account No. 5030123n6, date of death balance $53553.48; accrued interest $69.01 53,622.49 16 Taylor Packing - Proceeds from Sale of Cows 1,077.17 Total of Continuation Schedule(s) See attached page TOTAL (Also enter on Line 5, Recapitulation) 117,069.08 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule E (Rev. 6-98) Rev-1508 EX+ (6-98) e SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY continued e *' COMMONWEAl. TH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Simmons, Samuel M. Jr. FILE NUMBER 21-05-0139 ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH .. 17 United States Treasury - 2004 Federal Personal Income Tax Refund 368.00 18 United States Treasury - 2004 Payroll Tax Refund 742.00 19 Jewelry - Miscellaneous items of jewelry, value as listed on attached appraisal 850.00 20 livestock - Value as listed on attached appraisal from Fred M. Potteiger 9.100.00 21 livestock - Sold at Private Sale 19.700.00 22 Personal Property - Value as listed on attached appraisal 13.405.00 TOTAL (Also enter on Line 5, Recapitulation) 117.069.08 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule E (Rev. 6-98) -_II _...., ....,-.J U/.CUp :5amUel Slmmons F~F O~,. U,.~~ 1"" .I. e e Check Number 403252 ~~1.Ge . Q~ ~ . ~ C;; . . ->c c:, ,-0" "J1"a/li\le'-'> Genu Cooperative. Ine:. 100 MBC Or" Shawano, WI 54166 715/526-2141 Check Date 02/28/05 Stub 1 of 1 SAMUEL SIMMONS III 72 S LOCUSTS POINT RD MECHANICSBURG PA 17055-9709 Invoice Comment Gross Deduction~ t\lnol)nt. Paid -. -- Number- ---Datc:- .- ------- . - . -- ---- -. --'. 022505 E:QUITY REFUND 1.,439.62 1.,439.62 022505 E:QUITY REFUND U4.94 104.94 1.,544.56 1,544.56 I I I J I I t f l ,'-, ,,- -, '-. '.- tE'~~t~~~1~'~~;~~}#,-,:~~'~~:~~'~2~~~ '~~'.= - ?<~~'~~~I~~11-' -. -~/ ~~. :- ;.~~-- "~~'~~:, :~~~= ~,~~ :~'~}~:.:~>~::;~:~~~'_:~~-:.~ ." - ~->. :':~~.-" -.. - ._- -~~".-' ~.-.-'~':<:::-::.: .~=: ~~. :.~~~~,"~-j~~~0:"~~'~:i~:':~': ,-".- '~,..~~~w.-==: ---.-:---- -==::~~t~~~~__'~~-- ~-~_,~,~-~c.",3_ ,~,'.f:: .:.~,~~~~ii:0~;~~@-~3:-~,~,~:~;~,~~.~%~~~;~~€.~-~~ :: MO. : - OA'( r 'n. .c .-: ~,~~N;-,~~:: -' ..'. . -- .-.,-" .'", - -.-.. ~- ~~. .. ~- - ~.'~:" :-. -:-~.'::', . . ._-..... ::~~ iSerr~ T~-Rc :.: :c;,., ?,~il'fl}Q:9-;~A~:~J~t ~<'~f '~'0:2 Z:3 3I~~D~t~::: '~1.l0 1:7 1- ,_, ,_ ~!5l!f~~!~::~:J ;~il!jJ~!!Iftf!ttiil,!~~~' ~;t~i~JI tl,III~ll!~~!~~fli'~'RnIJt~~llia~~~5;1H~t!]~: ~?}Ih9S- fum~h.e::d the cbo~~ amount)O~ri:ANTIC ~'REeDERS COo"PERATIV~:i:~NCASJ~/~INNjiLYANIA,cis'capitd~~.~ ~3::~3 .!, ~-~~gBret_M81~~.gl.!f't'.~n~, .f'1n~Wg~iJ~~g?~~~.ff~~~~'~:'.~~~~~~~c~f~g&~~g~~~:~~~~5~~~~'~'f~~~~2. :::'::c2-=:1;::.-'~T}li; Ciicr other:::rivolvins-fund certificotes-ofthirsame:1eries ore 'retirc~lein .the 'sQle-discretiQn_-of.Jh~ bonr<:r of_direcfors;:::::':.=:~=,s: 3 ~~g:~:i~h'et: f~I\Y:or:On a pro roto bosis;~b,u:r~J1i!l~Qtes !..ssue,a in :pTiorye~if~s~al)~e':~~t1!,!cf)c:iJ~:r:i~TLty1e:ccepf<!s ..he.!:e}~~ft.~!::t22:g< lIlltl~&r~~!~t~l~I~31JnnICll11!tIIIWI :.,~ -=--::3:--'=:this certificat;is~ transfercbie'only- on' the coo!ci' of the- cooperetive;-and no transfer shall bebinding"unless"'so" tTansferrea, ~;:-'7~~S:?, ~~~~&~~~~}~;fg~~w~t~!~~~~~~~~~~~~*~~~~d.~~~~.:~~'~~:~~.~~;;~~~@:~~~~~~~~~~~~~ = -=, ;::':C~Tnls"qnd~ther revolving-fund certiJicatef ~le'subiect)il__ alt respects J~ !h~ by-laws~ o.t the ,cQoperative.-ond-or8 'jun ior~ana--~:?^~~ :. ~:~:E&f5~~~r.:'~ iie!e ~to~.~11 ~eb!s, o~~he focipe,t9!I'!~,:.!i~thd-eE~~anE_u.nie=-u~ec!;~ l!p~itc..th~:w!."5!i~g~up,~.gt~~q!i~~g~J[~i-~~ ~'.-.::-::::-=:__~'::::-eooperatlve ',n:.any: manner, ofter .fu1t paY"lentJ.o all:of lfs_credltgrs; '.9lt~e.Y9Iv..!..ng-fYnEl5:ert~fi.cot~s~sh.allth~l't:pe, ~etrred Jr:'I~'sg~ ~.~~~~:~&~t~~?~~~~~~f.~~y~~g~~!:~;~;g~~~:~.~~:~~;.~~~~~~:~:~~Ifu~~~ :: 2.<::S.:.~The:i:oo.p~i~ shall' .hav's "alien -=~ti)~~ffifgcit(~(Eriy '~~E1.EI~ !~~~b!e#.~~s_~}h.!~oJ~~:r.!..~Jfit!.:Eci_~pe?9fr'f~:~e.9S~""': - ~-:..:.-.:.--:;;;~;.=::;::.~.~:_.=;;:::::=.~.--.:.~ ":--:,'.=::". ::.: p' -'.-. ::::_===~~::::::::.:~~--::z.:::...~ ==:.:=.. ':::'_~="''''-=~~~'.::::':~~-~':::~'=' ~=~~~~~:;:.:::::,~~~-.::;:~~~..:::...:=~-::...:~~~ ::~ '?I6~:~..~Th.e-:~c'c~pi;;n~~9f'-this -:Ce.-ti~icatebY' t~iQi~I'ge[jnalr constitute Qri~ c:iutFio~zatio~:~o'-fh~'~o~per~t~ve)O' ~9.K~~YmeriJ,c;:f-~@-~a: " :. :.. -::: ,:, this certificate of time of retirement. toJl'ie:--recorcf holder thereof, whereby such peyment,shall render, thIs certlflcetenull:;:::::.~~~ '~,~.~'l~~~~~'~~~~~.~~,:~:~ffi~~~~~'~~'t~~:~'~~:~~~~~~~i:~1~g~~ :~~:i:,~IN :OWiTl'lESS WHEREOF,: the: ATLAN1J~,BRE.~~IRf}:QO~~RAT~V; .J1~s~c~_usec! t~~ c~~~C!~':to=-!2e--:signecr')i ifs :~.uti E32sgg 4' . -::': " -autnorized' officers -on the date of this cerJificate:'-:::,"-::::-. :::~ ..::,~, ::. -:'-:::- ~,- ;=::~,.. ..'.:. .::,'::':;::.~:-:::S--:::.:.-.:::".: :..:;:--.....:::::: --"='--=:~:~::;:~'.~-=,' "?: - '.''-- - . ,..~ ..- . - .-- - .~ -- '-JC;._:"'. ~""".~'-:'Y'::'::' :::.-;- ::::.'~-:';: -- :;. ''::':-:::''':;;::::=;:::'::'~-::: :::-'~.::'::-::'::::-";-:--,-:::';::':::;:~'::::~ ,. ;lil~~liljti;(J~f~~~1i~ln~.~~i~~~;~i~;ll.~ " LANCASTER. PA. 17604 . ROUTE 230 BY-PASS PHONE AREA 717: 569-0413 February J 1971 . .. ---.-.S-~';"=';._"'-':.~-:_'-._:.;.:-:..-.. "i-.'~ .--- _-:.~=...-.:.__.:..~- Dear Member: The enclosed Revolving Fund Certificate represents your patronage refund on business transacted with ATLANTIC-BREEDERS during the-year 1970. This refund is based on your dollar volume of business. Tbereturn is 7t on the tota 1 income from service fees J semen sa les and Technics 1 :Services. If your business volume amounted to $15.00 or more you we~~_;~!!~~<~La~c~:c+'~:::'"<~' Revolving Fund Certifiea'te J Series "R". If your businessHvolume~was' at -..,. .least $71.00,-acheck representing 20~ of your -refu~d 'ii=enCtose-d~Thii~~j~~~c:;:..<,;,:",-.;_" is in accordanc~ with Internal Revenue Service..,,~egula~!0~~:~~1iu:!..~ii!.~~2:.. :-"':'i;'~;'"~::; issued a 'check, please cash it promptly. Keep the Revolving ~~und 'Certifi-'" _ __ . --.:~.~. cate in a safe and convenient place until it is recalled}'1ii==arfew]Yeais-.~~-T:":'f::--:'~...:":~~~; .. Eng~~~~ is . .r.e~1nderno}~ceurg~~~~";~~~i;~~i~~~li;DiS~~~$t~~ Meeting.'" It is here that you can learn more about you,!: 'Cl)oper.a.~iJe~.~cl :~::,'~::,__~.::~:..::::~_~.-.,,":=~, have an opportunity toexpre'ssyour views:'ori";-the~'operafionrofiYour:;:orga'D~:::-_~:-":'.~ _ "". ization~An- election will be "conducted of cnoDlineces -8eie~te9. .~to'~preSf;Dt-?:,~::::l".::i::~:::'':'--':::':':'~;'';;: your District ~ '. .'. _~"o~__:<c- ".' - ::CS:;:~~~~~fr::i.:i!~~~:2'~e_ -. - ..--....,.-.- __"_'U__'"'' :~:~;'.~~,~~~~i~r~..;,~~;:~~:~, . , .. ~~:r..~.;;,~,;~~;~ii~~l;f~~~~ ATLANTIC BREEDERS COOPERATIVE __,...:~:-:-.;.,,:=:".'. - . -"-" ~~?~~'~~?P;#'._---~--- N W S 11 b '::'.:::'-'-~-.~ . s~~:~ar; 0 en erge:i~~~:~;~i%t,~iE~'::_ f........ ""'- _. --.--- ".. NWS /jlh Enclosures ...'..,' . - -. -,.......- ',-'.. -, " ._____._..~_.-.,_n.,__.. 0'" '-" .-.----. ;/ .'.~:..;:~.~. -- -.-.-- '.-'-~-' . ". - ~,. .~.---:._- - -- - - .',' -----'" '. . . - . . . . " '-- ----.-.--..... ~:~~ ~: :::~ ~.:~:;.::~~~~::~;:.:. - .__. _ :;0'_ .::.:" _:.~-.'c::.:~...' :-_ ... .. .~..,.. : . ,"'.' ... -. - .....-.;:~~::'_.:~-:;,,::.~;~~...- .' "'.' '.'__... __-.,.,',. '0 '.: .. <L-:.,:-'..,--..",_-,;;____________ ......~ . . ,..._..~..,._.._.-........ '-. . '.- ........ - . ...-"'-.-......... - ~,-", ".~~ ,._'.-r-,~...,.._-~'n.._ ," .__. ...-.-.'~,'. , '.., ... ...-.-----........; e e o PNCBAl\K March 9, 2005 James D. Bogar 1 West Main Street Shiremanstown, P A 17011 RE: Estate of Samuel M. Simmons, (Deceased) SSN: 187-16-6004 DOD: 02/02/2005 Dear: Mr. Bogar In response to your request for Date of Death balances for the customer noted above, om records show the following: Certificate of Deposit Account # 3180023 7218 Established OS/26/200 1 SAMUEL M SIMMONS JR DOD balance: $10,000.00 + $36.91 accrued interest Checking Account Account # 5070084986 Established 01/01/1960 SAMUEL M SIMMONS JR DOD balance: $2,744.91 + $0.21 accrued interest Savings Account Account # 5030123776 Established 08/20/1985 SAMUEL M SIMMONS JR DOD balance: $53,553.48 + $69.01 accroed interest Please note that this office only provides date of death balances for deposit accounts (IRAs, CDs, Checking and Savings accounts ). We do not process any financial transactions or provide statements. If you need assistance with any of these items, please call1-888-PNC-BANK (1-888-762-2265) or stop by your local PNC Bank branch office. Sincerely, Jessica Scheller 1-800-762-1775 P7-PFSC..o4-F soo fitst Ave. Pittsburgh PAl 5219 Member PI)Je e e Mf'UMM~S '~e~ett.9 clto~e 0" 34 WEST MAIN STREET MECHANICSBURG. PA 17055 APPRAISAL Phone: 766-9422 Q ,t\ APPRAISAL ~\1 V d'l. ~U'5 Appraisal For. [.:2:> \ tL~ <aT ~ '('(\. 5 \'M~\'S, ~. .. ." \) 'r(\~~ ~c..~ ilIA "~~ f\~ ~ ~~I.~~ \if\ ~ \:\~s ~oJ.., ~esuJ~ ~. ~-a.O.1lO d0 \.-O-&~:~ \~ ~\-.,jj wlJ. 'd.~ ~ ~. . ~-dO~ ~J la.&~? ~~\,- ~~ ~ ?n~ ~\r\-M-e.. (\~C\ w..... 0-- \x)L \~ de&~ I \Orp\ &i<k.~~& . o . ~_~~ Ar)la.&-\e:, \9.-~ ~vI...t,.-v.& ctl.~~ r\~.~ ~ \";:, \~W. ~\\o\D ~& Q,,~ ~ &.Ol\,~ Q('-e. \-3~~~'O" ~ -~00 5-;) ~'2~ ~-~ ~I.~,~ ~~.\S \~ C8\\o~ ~ uS~ 5 ~ ~\\~toJ:t~ ~~ ~ . ~~~ \:S~~f~ k.. Q.'Lk~11 ~ ~~(3. ,~- t:;cm.co b'0 ~~V\ ~<=&\.&l~~b~, \\AM. 1":)~" \~00 04c.~ ~~ ~~~ XIS I(-.~ ~ cw& \~ ~,,~ ~ lt~ il Co. ~_ \~.:co This appraisal constitutes our carefully studied opinion of 'tiiiQ~~l.Qilrepla .. rough our facilities he distress'soles nature value of the 0 I , roib~bove InsorCr os the mounting(s) hove permitted observation. We ass e 0 liability with respect to any action that may be tolcen on th.e basis t' appraisal. . .. ... %. ~G ~ g . u % . B CI. ~ ~ ., I I Lt ~ tn Q z C'f) i2 ~ Q rl Q ~ :: C'4 1ft -0 GQ 0. 0 - C'4 t"t .... 1ft - - - - - - .0 ~ CD 0. 0 - C'4 t"t .... 1ft - - - C'4 C'4 C'4 C'4 C'4 C'4 r-.:.. .......;. .. ~", ... z z ... . ~ ~ . .; . .. CI % .; ! Ii a . .. . . '" . . CI .. C' . . . ~. ~~ ... . ... .0. ~.~';"~~~:;~~.;~:'- . . ~ '. '. _. ~ _I, _ .' _ .,.::--:.,-.....--: '. . " . ".." .... -~..-.....~..~::...~.':;..~.... ." -l.. ...:::., . .- - .-.. '..: ". . ....._1.._.:;...:.::-.... :::""._"'-:'!_ -.__" ,;;.,.... ,"_",_0.- .. :;~.;:;:-~.:;;-:',:~~:.'-:=:-.;':;: ~.... ...-:.;...--" - .-. ;:.:.~~.~~!\:~:.-)!~~~:~~:.~::. ":'~"": ::-. ".. -. -~'~.=-.'- . ',;"':.;~;~ FRED M. POTTEIGER DEALER IN LIVESTOCK. 1-85 BERNHEISEL BRIDGE ROAD ==!.f.!;t "00.;:'::':- Carlisle, Pennsylvania 1;7:013 ..........., -".---- .,:''':''--' ! i i I I ! i L.. .___.... TELEPHONE 717-766-9816 CELL PHONE 717-574-8703 -.~,-:',:.. :--~~~~~:~> .", ".-:'- :>..-'"..l.: . ~...-.~----:"".-...-. .". .": ..:..::-...... . ::::-.- ", ....:~. -:'.-' ' .. - ~'-'. .:~~(lfE:;s~~:~';:'7:';:=':.<--.~",-:" c,.....:..,.::::... _ __ ~. ':", <," ,. . ',.. .::--=::--4 -::-~;~~"',,;>. ~. .. _. ~.;~~~'- -:-:. -',. .'. ... .-. '.=Z--::~f~;,~:~:':::':"'-:-- .... w -"~ - :"-I~:;:--;~~f~:~--.. .:;.' ~'.:-E;f?~~-:--;_:_- :'.". -"'-- -""'.~- .,' ~e N t.; re~~~ Ie'> $ ..-."; 't ' ! . , ill " ~ .. c8 ~ ~ - .J 0- S ~ 0 '~ ~ 1&1 ~ Q co co tt% ttwco wC)',t C)--(') -w"".c; uJ "'"" ~ "" "'"" "'"" ~ .- "'""0 0 o~ c.ct. c. .~~ . #.. all!) c..... :J ,.:; uJ ui a: cn<. OCl)iijQ uJ-~ tt ::> Z u.g~ It! e ~i ~1 COlA ~lt ~h Bl pn".G . - '!: .3 tl1 rf"\ .3 o o r:- r:- tl1 nJ .. - \.I'I \.I'I tr' ru o rf"\ .... rf"\ o .. - '!: a: o u. e - e e William G. Rowe Appraiser 211 N. Old Stone House Rd. Carlisle, P A 17013 JmnesD.Bog~,Attomey 1 West Main St. Shiremanstown, P A Re: Estate ofSmn M. Simmons Jr. RD. #1 Mechanicsburg, P A 17055 Kitchen Pots & Pans Misc. Kitchen items Kitchen Cabinet Comer Cupbo~d Old Refrigerator, no value Oak table Set of6 Chairs Old Photographs Livin!! Room Albums Clocks Frmne M~ble top stand Collection of Glass w~e Misc. china Toys Upholstered Chairs & sofa, no value Parlor Secretary Ce~ chest Trunk Hall Rack DropleafTable Mirror Fainting Couch Metal W~drobe L~ge frame April 3, 2005 $15.00 35.00 350.00 1100.00 o 150.00 90.00 30.00 40.00 115.00- 30.00 120.00 150.00 125.00 250.00 o 100.00 50.00 25.00 400.00 115.00 45.00 100.00 10.00 40.00 It e Hallwav UDstairs Empire Chest of Drawers 150.00 2 Clocks 150.00 Frames 60.00 Bed Room Bedroom Suite 550.00 Oak Dresser 185.00 Misc. Household 15.00 Bath Room Blanket Chest 135.00 Pedestal 90.00 Chest of Drawers 10.00 Bed Room Bedroom Set 50.00 Kerosene lamps 35.00 Washstand, rough 25.00 Rocker 30.00 Misc. Household 10.00 Attic Chest of Drawers 400.00 Old Potty 20.00 2 Dinner Bells 150.00 Chairs 10.00 Rockers 150.00 Toy Car 250.00 Piano Stool 30.00 High Chair 65.00 Apple Butter Kettle 125.00 3 Blanket Chests @ $150.00 ea 450.00 Misc. Household 65.00 Closet Blanket Chest 150.00 Sewing Machine 50.00 Japanese Rifle, as is 75.00 Lamps 15.00 Fainting Couch 100.00 Basement Jelly Cupboard 150.00 Rocker 40.00 Freezer, old, no value 0 e Barrels Farm Items Porch Table Refrigerator, old, no value Dryer, no value Summer Kitchen Cream Separator Bench Farm Items Barns Milk Sled 2 Sleighs, as is Outside Ford Tractor Oliver 1650 Tractor, as is, blown engine 1991 Chevy Pick Up Truck, 'Wrecked, used as cattle truck Old Non Usable Farm Equipment 1. Com Planter 2. Grain Wagon 3. Com Picker 4. Bailer 5. Wagon 6. Bottom Plow 2 Old Automobiles, 1982 & 85 Lincolns, rusted, for parts e 20.00 50.00 50.00 o o 100.00 45.00 35.00 125.00 400.00 4500.00 250.00 100.00 300.00 150.00 Total $13,405.00 '--' "'- ~~ William G. Rowe REV-1151 EX+ (12-99) *' SCHEDULE H e FUNERAL EXPENSES & ADMINISTRATIVE COSTS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Simmons, Samuel M. Jr. Debts of decedent must be reported on Schedule I. FILE NUMBER 21-05-0139 ITEM DESCRIPTION AMOUNT NUMBER A. FUNERAL EXPENSES: . See continuation schedule(s) attached 10,652.00 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Social Security Number(s) / EIN Number of Personal Representative(s): Street Address City State Zip - Year(s) Commission paid 2. Attorney's Fees Bogar & Hipp Law Offices 9,750.00 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 664.00 5. Accountant's Fees Greenawalt & Co., P.C. 1,075.00 : 6. Tax Return Preparer's Fees 7. Other Administrative Costs 8,536.09 See continuation schedule(s) attached TOTAL (Also enter on line 9, Recapitulation) 30,6n.09 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98) Rev-1502 EX+ (6-98) e SCHEDULE H-A FUNERAL EXPENSES continued e *' COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIOENT DECEDENT ESTATE OF Simmons, Samuel M. Jr. FILE NUMBER 21-05-0139 ITEM NUMBER DESCRIPTION AMOUNT 1 Malpezzi Funeral Home - Funeral 10.652.00 Subtotal 10.652.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H-A (Rev. 6-98) Rev-1502 EX+ (6-98) e e *' SCHEDULE H-B7 OTHER ADMINISTRATIVE COSTS continued COMMONWEAL TIi OF PENNSYLVANIA ~HERITANCETAXRETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER 21 ~05~0139 Simmons, Samuel M. Jr. ITEM NUMBER DESCRIPTION AMOUNT 1 Accordia Northeast Inc. ~ Farm Insurance 443.00 2 Agrarian Associates ~ Farm Appraisal 600.00 3 Cumberland County Tax Claim Bureau ~ Rollback Taxes (i.e. Clean & Green) for 2.63 acre lot No.6 2.522.90 4 Goodville Mutual Casualty Co. ~ Property Insurance 1.014.00 5 Henley's Farm Equipment ~ Tractor Parts 41.78 6 J. J. Skelton - Heating Oil ~ Final Bill 649.68 7 Joel Hawkins ~ Tractor Repair 20.00 8 Mary A. Murray, Tax Collector ~ 2005 CountylTownship Taxes 554.93 9 Met-Ed - Electric ~ Final Bill (1 farm) 71.46 10 Mumma's Jewelry ~ Appraisal Fee 53.00 11 O'Brien, Baric & Scherer ~ Tax Certification Fee 5.00 12 PPL ~ Electric ~ Final Bill 451.74 13 R & W Equipment ~ Tractor Repair 96.93 14 Recorder of Deeds ~ Realty Transfer Tax 150.00 15 Recorder of Deeds - Recording Fee - Clean and Green Transfer 17.00 16 Recorder of Deeds - Recording Fee Deed 47.50 17 RESERVES: ~ Costs to conclude administration of Estate including filing fee for PA Inheritance Tax Return, Inventory and First & Final Account; preparation of Personal and Fiduciary Income Tax Returns 1.500.00 Form PA-1500 Schedule H.B7 (Rev. 6-98) Copyright (c) 2002 form software only The Lackner Group, Inc. . e SCHEDULE H-B7 OTHER ADMINISTRATIVE COSTS continued e Rev-1502 EX+ (6-98) COMM()IIlWEAl-TH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT Simmons, Samuel M. Jr. IFILE NUMBER 21-05-0139 ESTATE OF ITEM NUMBER DESCRIPTION AMOUNT 18 TSC - Facsimile Supplies 55.17 19 Verizon - Telephone-Final Bill 139.28 20 Waste Management - Trash Bill-Final 102.72 Subtotal 8.536.09 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H.B7 (Rev. 6-98) e SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS e Rev-1512 EX+ (6-98) COMMONWEALTH OF PENNSYlVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Simmons, Samuel M. Jr. FILE NUMBER 21-05-0139 Include unrelmbursed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 A TT - Telephone Bill-Final 29.10 2 Bates Pumps - Repairs (incurred prior to date of death) 1.034.50 3 Cumberland Goodwill Fire Rescue - Ambulance Service 364.00 4 Cumberland Valley Cooperative Associates - Spraying (services rendered prior to 482.76 date of death) 5 Dover Area Animal Hospital Large Animal - Bills incurred prior to date of death 5.466.78 6 Earl Harry - Wages for farm work 120.00 7 Ewing Roofing - Repair of Barn Roof prior to death 250.00 8 Faircloth Plumbing, Heating & Air Conditioning 56.05 9 Health South - Final Medical Bill 24.38 10 Internal Revenue Service - Penalty Paid for Under Reporting 291.95 11 J. R. Sheely - Services Rendered Prior to Date of Death 40.00 12 Metro Med Services - Medical Bill-Final 108.75 13 Mid Penn Urology, Inc. - Medical Bill-Final Illness 27.61 14 Nationwide Mutual Insurance Company - Workmen's Compensation Insurance (past 524.00 due when deceased) 15 Nephrology Associates of Central Pennsylvania - Bill-Final 59.74 16 Patriot-News - Final Bill 14.40 17 Pinnacle Health Medical Services - Final Bill 50.26 Total of Continuation Schedule(s) See attached page TOTAL (Also enter on Line 10, Recapitulation) 13,909.28 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule I (Rev. 6-98) ~. ~ e SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS continued e Rev-1512 EX+ (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Simmons, Samuel M. Jr. FILE NUMBER 21-05-0139 ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH . 18 PNC Bank - Checking Account No. 5070084986 - outstanding checks as of date of death 729.50 19 PNC Bank, N.A. -1st Quarter Social Security Tax 293.76 20 Ronald Souder - Work on Farm Prior to Date of Death 952.00 21 Suburban Energy - Tractor Fuel 1.633.19 22 Sunday's Mill - Feed Bills incurred prior to date of death 985.65 23 W. S. Carey Electric - Bill-Final 370.90 TOTAL (Also enter on Line 10, Recapitulation) 13.909.28 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule I (Rev. 6-98) REV-1513 EX+ (9-00) . e e , . . SCHEDULE J COMMONWEALTH OF PENNSYLVANIA BENEFICIARIES INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Simmons, Samuel M. Jr. 21-05-0139 NAME AND ADDRESS OF RELATIONSHIP TO SHARE OF ESTATE AMOUNT OF ESTATE NUMBER PERSON(S) RECEIVING PROPERTY DECEDENT (Words) ($$$) 00 Not List Trustee(s\ I. TAXABLE DISTRIBUTIONS [include outright Sfrousal C1istributions, and ransfers under Sec. 9116(a)(1.2)] 1 Samuel M. Simmons III Son Rest, residue 72 S. Locust Point Road and remainder Mechanicsburg, PA 17055 . Total Enter dollar amounts for distributions shown above on lines 15 through 18, as appropriate, on Rev 1500 cover sheet II. NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAXIS NOT BEING MADE B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART 11- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET 0.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule J (Rev. 6-98) e e LAST WILL AND TES'l'AMENl' I, SAMUEL M. SIMMCES, JR., of the Township of Monroe, County of Cumberland and State of Pennsylvania, being of sound mind, memory and understanding, do make, publish and declare this to be my Last will and Testament, hereby revoking and making void all former wills, codicils and other testamentary dispositions by me at any time heretofore made. 1. I direct my Executor, hereinafter named, to pay my legally enforceable debts and the expenses of my last illness and burial. 2. I give, devise and bequeath all the rest, residue and remainder of my Estate, whatsoever and wheresoever situate, unto my son, Samuel M. Simmons, III, providing he survives me by sixty (60) days. 3. Should my son, Samuel M. Simmons, III, predecease me or die on or before the sixtieth (60th) day following the date of my death, then and in that event, I give, devise and bequeath all the rest, residue and remainder of my Estate unto my daughter-in-law, Suzanne K. Simmons. 4. I nominate, constitute and appoint my son, Samuel M. Simmons, III, Executor of this my Last Will. Should my son fail to qualify or cease to act as Executor, then and in his stead, I nominate, constitute and appoint my daughter-in-law, Suzanne K. Simmons, Executrix of this my Last will and Testament. 5. I direct that my Executor and his successor shall not be required -- e to give bond for the faithful performance of their duties in any jurisdiction. IN WITNESS WHEREOF, I, SAMUEL M. SIMftJ:NS, .JR., the Testator, have hereunto set my hand and seal to this my Last Will and Testament on this i/W- day of /l ~ 6'~.::f7' , 1997. ,(/ . /) <: _/~d/??/--'/~ ~Pi?/ ,d,~-~C---r~-e/?>o ~ ,; samuel M: Sinunoris, Jr. J Signed, sealed, published and declared by the above named SAMUEL M. SIMMONS, JR., as and for his Last Will and Testament in the presence of us, who, at his request and in his presence and in the presence of each other, have hereunto subscribed our names as witnesses there~ . . ~/}1)/I /L~~J ~d_~ / L"d'y COMMONWEALTH OF PENNSYLVANIA . . . . COUNTY OF CUMBERLAND I, SAMUEL M. SIMMCl'lS, JR., Testator, whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my Last Will: that I signed it willingly; and that I signed it as my free and voluntary act for the purposes therein expressed. Sworn to the Testator, this ~ /CMledgtt;or e me bY. SAMUEL M. SIMMCNS, JR., day of tk../~ -' , 1997. ? ~ n f!d.....df-~(I' JAY n/?t~.'yJ. , el M. 'Sirrnnoos, Not a\ Seal Charlyn 'Y. Guerriero. Notary Public Med~3nicsburg 8~~ro, Cumbsrland County My Commission Expi;9S !vl2.Y 18, 1998 Memt-er, Pennsy!vania.4sscdation of Notaries e e COMMONVJEALTH OF PENNSYLVANIA . . . . SSe COUNTY OF CUMBERLAND . . We, 7?AJ.P,;I G, 0etY...,,,..c! .j~ ';.(:.z:r kIt~~ L ,'~},(/r;~ Y' ~ the witnesses whose names are signed to the attached or foregoing instrument, being duly qualified according to law, do depose and say that we were present and saw the Testator, SAMUEL M. SIMMCES, JR., sign and execute the instrument as his Last Will: that he signed willingly and that he executed it as his free and voluntary act for the purposes therein expressed: that each of us in the hearing and sight of the Testator, signed the Will as witnesses: and that to the best of our knowledge the Testator was at that time 18 or more years of age, of sound mind and under no constraint or undue influence. a.~M!/I <i~/ J.tnes$' ..... P Ii Nota Seal Charlyn Y. Guerriero, Notary Public Mechanicsburg SOiC, Cumberland County My Commission Expires May 18, 1998 Member, Pennsylvania Association of Notaries r Register of Wills of Cumberland County, Pennsylvania INVENTORY , Deceased No. 21-05-0139 Date of Death 0210212005 Social Security No. 187-16-6004 Estate of Samuel M: Simmons Jr. also known as Samuel M. Simmons III The Personal Representative(s) of the above Estate, deceased, verify that the items appearing in the following Inventory include all of the personal assets wherever situate and all of the real estate located in the Commonwealth of Pennsylvania of said Decedent, that the valuation placed opposite each item of said Inventory represents its fair value as of the date of the Decedent's death, and that the Decedent owned no real estate outside of the Commonwealth of Pennsylvania except that which appears in a memorandum at the end of this Inventory. I/We verify that the statements made in this Inventory are true and correct. I/We understand that false statements herein are made subject to the penalties of 18 Pa. C. S. Section 4904 relating to unsworn falsification to authorities. Attorney: James D. Bogar Personal Representative Signature: ~. ~ ~,)~!l\. Samuel M. Simmons III J.D. No.: 19475 Signature: Signature: Firm: Bogar & Hiop Law Offices Address: One West Main Street Shiremanstown, PA 17011 Telephone: 717-737-8761 Address: 72 S. Locust Point R'oad Mechanicsburg, PA 17055 Telephone: 717-697-0791 Dated: 1\llo~ Personal Property Cash.................................................. ............................................. Miscellaneous Property.... ............................................................ Stocks/Listed. ................................................................................ Stocks/Closely Held...................................................................... Bonds.............. ............................................................................... Partnerships and Sole Proprietorships .......,............................. Mortgages and Notes Receivable............................................... 74,014.08 43,055.00 12,398.40 776.00 Total Personal Property....................... ....... ........... 130,243.48 Total Real Property......................... ....................... Total Personal and Real Property......................... 1,115,000.00 1,245,243.481 Total Out-of-State Real Property.......................... Register of Wills of Cumberland County, Pennsylvania INVENTORY , Deceased No. 21-05-0139 Date of Death 2/2/2005 Social Security No. 187-16-6004 Estate of Samuel M. Simmons Jr. also known as Cash AgSource-Genex - Revolving Fund Certificate-Equity Refund 1.544.56 AgSource-Genex - Revolving Fund Certificate-Equity Refund-Additional Funds Received from Sale 42.92 Bellville Auction - Proceeds from Sale of Cows 517.00 Capital Blue Cross - Refund of long-Term Care Premium 319.40 Cash - On Hand 286.00 lanco-Pennland - Sale of Milk Proceeds 1.051.12 lanco-Pennland - Sale of Milk Proceeds 468.01 lanco-Pennland - Sale of Milk Proceeds 751.82 lanco-Pennland - Sale of Milk Proceeds 29.67 Nationwide Insurance - Refund of Premium 227.35 Nationwide Insurance - Refund of Overpayment 89.00 Penn Treaty Network America Insurance - Refund of Premium 95.54 PNC Bank - Certificate of Deposit, Account No. 31800237218, date of death balance $10,000.00; accrued interest $36.91 10.036.91 PNC Bank - Checking Account No. 5070084986, date of death balance $2,744.91; accrued interest $0.21 2.745.12 PNC Bank - Savings Account No. 5030123776, date of death balance $53553.48; accrued interest $69.01 53.622.49 Taylor Packing - Proceeds from Sale of Cows 1.077.17 United States Treasury - 2004 Federal Pe.rsonallncome Tax Refund 368.00 United States Treasury - 2004 Payroll Tax Refund 742.00 (Attach additional sheets if necessary) Total Personal Property and Real Estate 1.245.243.48 Register of Wills of Cumberland County, Pennsylvania INVENTORY Estate of Samuel M. Simmons Jr. also known as No. 21-05-0139 . Deceased Date of Death 2/2/2005 Social Security No. 187-16-6004 Total Cash 74.014.08 Personal ProperlV Jewelry - Miscellaneous items of jewelry; value as listed on attached appraisal 850.00 Livestock - Value as listed on attached appraisal from Fred M. Potteiger 9.100.00 . Livestock - Sold at Private Sale 19.700.00 Personal Property - Value as listed on attached appraisal 13.405.00 Total Personal Property 43.055.00 Stock I Listed 3.360.0000 shares Rite Aid Stock 12.398.40 Total Stock I Listed 12.398.40 Bond Series EE Savings Bond, denomination $500.00 - Serial No. D6866896, issue price-$250.00; accrued interest $526.00 776.00 Total Bond 776.00 Real Estate Contract for Sale of Real Estate executed prior to death - Agreement of Sale dated April 8, 2004, Settlement Statement and Deed are attached. All that certain piece or parcel of real estate situate in Monroe Township, Cumberland County, Pennsylvania, being 2.63 acres and known as Lot No.5 on the Final Subdivision Plan for Samuel M. Simmons, Jr., being part of Tax Parcel No. 22-09-0539-016. The property was acquired by Samuel M. Simmons, Jr. and Celesta E. Simmons, his wife. The said Celesta Simmons died November 28, 1995 whereupon full and complete title became vested solely in Samuel M. Simmons, Jr., the Decedent herein. It is respectfully suggested that the value of the real estate is $15,000.00 as listed in the Agreement of Sale which is attached hereto. 15.000.00 2 Register of Wills of Cumberland County, Pennsylvania INVENTORY Estate of Samuel M. Simmons Jr. No. 21-05-0139 2/2/2005 also known as Date of Death , Deceased Social Security No. 187-16-6004 1.100.000.00 Real Estate - All that certain piece or parcel of real estate having erected thereon a dwelling house being known and numbered as One South Locust Point Road, Mechanicsburg, Cumberland County, Pennsylvania, being Tax Parcel No. 22-09-0539-016. The property was acquired by Samuel M. Simmons, Jr., and Celesta E. Simmons, his wife. The said Celesta Simmons died November 28,1995 whereupon full and complete title became vested solely in Samuel M. Simmons, Jr., the Decedent herein. It is respectfully suggested that the fair market value of the real estate is as listed on the attached appraisal. Total Real Estate 1.115.000.00 3 .:1",