Loading...
HomeMy WebLinkAbout09-09-05 COMMONWEALTH OF PENNSYLVANIA REV-1162 EX(11-96) OEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG, PA 17128-0601 PENNSYLVANIA RECEIVED FROM: INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT NO. CD 005785 IRWIN ROGER B ESQ 60 W POMFRET ST CARLISLE, PA 17013 ACN ASSESSMENT AMOUNT CONTROL NUMBER ----fold _______n_ -------- 101 I $9,204.80 ESTATE INFORMATION: SSN: 174-05-3931 I FILE NUMBER: 2105-0630 I DECEDENT NAME: WELSH ESTHER M I DATE OF PAYMENT: 09/09/2005 I POSTMARK DATE: 09/09/2005 I COUNTY: CUMBERLAND I DATE OF DEATH: 06/17/2005 I I TOTAL AMOUNT PAID: $9,204.80 REMARKS: IRWIN ET Al CHECK# 022228 INITIALS: VZ SEAL RECEIVED BY: GLENDA FARNER STRASBAUGH REGISTER OF WillS REGISTER OF WILLS Inventory of the real an personal estate of ESTHER M. WELSH , deceased 1. 1270 Newville Road, Carlisle, PA................................... 192,000.00 2. Legg Mason, General Motors Acceptance Corp. Shares. . . . . . . . . . . . . . . . 30,157.97 3. M&T Bank - Checking Account 89646002. . . . . . . . . . . . . . . . . .. . . . . . . . . 15,059.00 4. Coin Collection. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,006.68 5. Personal Property................................................ 5,622.00 TOTAL. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 244,845.65 :1--0 '-','"0 ' .~." ", ",. -18 ::;,,) i:t 01 :S lid 6- PS u"'Z c...J ...h.. , I' .--- :(1 ]""-'0' n:'('iJO'c' v J:.J--, \J_i'o,JU 0.....:d COMMONWEALTH OF PENNSYLVANIA : :SS COUNTY OF CUMBERLAND : Leslie C. Hurlev , being duly sworn according to law, deposes and says that he is the Executor of the Estate of Esther M. Welsh , late of North Middleton TownshiD ,Cumberland County, Pennsylvania, deceased and that the within is an inventory made by Leslie C. Hurlev , the said Executor of the entire estate of said decedent, consisting of all the personal property and real estate, except real estate outside the Commonwealth of Pennsylvania, and that the figures opposite each item of the Inventory represent it's r value as of the date of decedent's death, swo{!'/ subscribed before me, I thi A... day of September , } } . l 281 Harvest Drive } I Carlisle. P A 17013 l Address } 06 2005 Month Year INSTRUCTIONS 1. An inventory must be filed within three months after appointment of personal representative. 2. A supplement inventory must be med within thirty days of discovery of additional assets. 3. Additional sheets may be attached as to personalty or realty. 4. See Article rv, Fiduciaries Act of 1949. ~ '" 13 " Q ;,. :.c: d ~ u.l "' 'S " ~ c '" ~ ~ :r: " :> 'S u.l '" 0 >. ~ '" ... ,.J ... "' "' 0 0 c u.l u.l ~ '" u.l <' <' '" >> E-< u.l ~ ~ " .s ~ :r: '" ~ '" Z ... ,.J ,.J 0 ::E ~ 9 -< "0 i- 0 r-:l 5 -< u.l "0 - ~ '" Z ~ ~ <' <Xi-< .c ... ~ " 9 0 u.l 0 ... :g Z '" Q :r: ~ u " ~ Z ... ~ "0 0 , .... u.l -< gJ 0 '" Z " ~ N '" '" 0 'C5 ] -'" Z "0 S E .!! 0 0 '" '" i.i: <'l ....l U OFFICIAL USE ONLY REV-1500 EX t (6~OO) REV-1500 INHERITANCE TAX RETURN FILE NUMBER COMMONWEALTH OF P!::NNSYlVANIA 21-05.0630 DEPARTMENT OF REVENUE RESIDENT DECEDENT DEPT. 280601 COUNTY CODE YEAR NUMBER HARRISBURG, PA 17128-0601 DECEDENT'S NAME {LAST, FIRST, AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER D Welsh Esther M. 174-05-3931 E c DATE OF DEATH (MM DO-YEAA) DATE OF BIRTH (MM-DD-YEAR) THIS RETURN MUST BE ALED IN DUPUCATE WITH THE E D 06/1712005 12/17/1915 REGISTER OF WILLS E (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRS I, AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER N T X 1. o",'n,' Relum 2. Supplemenl,l Relum 8 3 . ~ate of death ...;.; - . RemamderReturn prior to 12-13.82) CAPB "":': 4. Limited Estate _ 41. Future Interest Compromise (date of death after 12-12-82) 5. FederClI Estate Tax Return Required HpRL EplO ~ 6, Decedent Died Testate _ 7. Dececlent Maintained a living Trust _ 8. Total Number of Safe Deposit Boxes CRAC (Attach copy of Will) (AttaCh copy of Trust) KOTK D 9. Litigation Proceeds Received 010. Spousal Poverty Credit 0 11. Election to tax under Sec. 9113(A) ES (date of death between 12-31-91 and 1-1-95) (Attach Sch 0) ";Tl-II~'$gqT(Q(I;M\JUgC'_Ii.Ii,~k~'~~t!I:ll;~~I!i,~ll!mI4Ii.',J"Atlj\l~~~1IQ",~\-I9lJliti'g ,Qll'Ili,6'1'lOD TO: P NAME COMPLETE MAILING ADDRESS C 0 0 ROi!er B. Irwin Esa. 60 West Pomfret Street N R D FIRM NAME (If Applicable) West Pomfret Professional Bldg. R E E IRWIN & McKNIGHT Carlisle, PA 17013 S N T TELEPHONE NUMBER 717 /249-?1~3 . 1. Real Estate (Schedule A) (1) 192,000.00 1:]0 OFFICI~SE ONt y -:0 2. Stocks and Bonds (Schedule 8) (2) 30,157.97 en i-'il - :::J (/) C) 3. Closely Held Corporation, Partnership or (3) None ,-~Q P"1 c:) -""i.J ~ ~o Sole-Proprietorship " I . '. "':J "j,-,l 4. Mortgages & Notes Receivable (Schedule D) (4) None ~ >J v:) ':..1 ')/-'..: 5. Cash, Bank Deposits & Miscellaneous Personal Property (5) 22,687.68 CJ -0 (=--, R ~E 'n E (Schedule E) -~ -rJ C -, -:.:C) A 6. Joinlly Owned Property (Schedule F) (6) None \.,1 Lv _!-n P 0 - .') ,--., I Separate Billing Requested -r, C) T 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) None U L (Schedule G or L) A 8. Total Gross Assets (total Lines 1-7) (8) 244,845.65 T I 9. Funeral Expenses & Administrative Costs (Schedule H) (9) 29,295.77 0 N 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (10) 232.94 11. Total Deductions (total Lines 9 & 10) (11) 29,528.71 12. Net Value of Estate (Line 8 minus line 11) (12) 215,316.94 13. Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been (13) made (Schedule J) 14. Net Value Subject to Tax (Line 12 minus Line 13) (14) 215,316.94 C SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 0 M P 15. Amount of Line 14 taxable at the spousal tax T U A T rate, or transfers under Sec. 9116(aX1.2) 0.00 X .0 0 (15) 0.00 X A 16. Amount of Line 14 taxable at lineal rate 215,316.94 X .045 (16) 9,689.26 T I 17. Amount of Line 14 taxable at sibling rate 0.00 X ,12 (17) 0.00 0 0.00 (18) 0.00 N 18. Amount of Line 14 taxable at collateral rate X ,15 19. Tax Due (19) 9,689.26 20. n IW:~!l!l~'!Ii!!!lij!l:r(Q!!:~!!!l:f\li~!if!!!!I!1:'~'!!!i~!I!!:~'~:!!Y!l!!MY!!!~i",I " .hz.:.:',:;,," .;.,;;;;;;;~,:~tjj~:$ijfje::!1:(!~~;~;~ij~ClIiI!l(!IiIRE:VE#~e;IiQE:~D';t~~CB~~ia,l.tKit-<; Copyright (c) 2000 form software only The laclcner Group, Inc. Form REV-1500 EX (Rev. 6-00) Decedent's Complete Address: STREET ADDRESS 1270 Newville Road CITV I STATE I ZIP Carlisle PA 17013 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) (1) 9,689.26 2. Credits/Payments A. Spousal Poverty Credit 0.00 B. Prior Payments C. Discount 484.46 Total Credits (A i" 8 + C ) (2) 484.46 3. Interest/Penalty if applicable D. Interest E. Penalty TotallnterestIPenalty ( 0 + E ) (3) 0.00 4. If Line 2 is greater than Line 1 + Line 3, enter the difference, This is the OVERPAYMENT. Check box on Page 1 Line 20 to request a refund (4) 0.00 5. If Line 1 + Line 3 is greater than Line 2, enter the difference, This is the TAX DUE. (S) 9,204.80 A. Enter the interest on the tax dUe. (SA) 0.00 B. Enter the total of Line 5 + SA. This is the BALANCE DUE. (58) 9,204.80 Make Check Payable to: REGISTER OF WillS, AGENT .... .', _ _ ._____.-.,... ~::",:~~l\\\\\~~\(\:\\~\:~i[.y:;\\\\\\\\\\\\\\\\\\\\~Hi:, .~:\\\\\\\\\m\\W~;):~\::::..:~i!:i.,t'.. ..__' ..__ . ,_ ...._'.. ..__' .__'. ." ..__'..,.__' .,___,,'_ . ._. "':':i(i',\;:\::~::\(\::_.((:]:H\\::::i\\!!r:\)!ml1j!!f!~!!~!:~:::\:::i';::.,,___ '._,_,., ,."......", "" "" ,_,..,_,_,_.,.,_.,.,-_.,., .",_., PLEASE ANSWER THE FOllOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1, Old decedent make a transfer and: Yes No a. retain the use or income of the property transferred; ~ ~ b. retain the right to designate who shall use the property transferred or its income; . c. retain a reversionary interest; or . ... . d. receive the promise for life of either payments, benefits or care? 2. If death occurred after December 12, 1982, did decedent transfer property within one year at death without receiving adequate consideration? . 0 CRI 3. Did decedent own an "in trust tor" or payable upon death bank account or security at his or her death? " . ... . 0 CRI 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? . 0 CRI 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. toned and comp~te. Declaration of r r other than the personal representative is based on aU information of which preparer has any knowledge. SIGNATURE OF PERSON RESP NS L FOR FlU ETURN Leslie C. Hurley DATE ~ 281 Harvest Drive 9'/r/O}' -'-C~rl-isi~':-PA-"i7-6i3"'-'--'--'--'----"-""-- SIGNATURE OF PREPARER OTHER THAN REPRESENT TIVE IRWIN & McKNIGHT DATE 60 West Pomfret Street _. -C~r l-isi~--' PA- - - i 7"6i3'" -. - - -' -. -.... -. - --.. -... For dates of death n or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value ot transfers to or tor the use of the surviving spouse is . 72 P,S, 9116 (a) (1.1) (i)]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0"/" 172 P.S. 9116 (a) (1.1) (iO]. The statute does not exempt a transfer to a surViving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use ot a natural parent, an adoptive parent. or a stepparent of the child is 0% [72 P.S. 9116 (a) (1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5%, except as noted in 72 P.S. 9116( 1.2) [72 P,S, 9116(aXl)]. The tax rate imposed on the net value of transfers to orfor the use of the decedent's siblings is 12% [72 P.S. 9116(aX1.3l]. A sibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. Coevrlaht Cc)2000 form software on.... Thf! L;:u.,......r ~rnlln ."" _. n.,.... ...."......v._ REV-1502 EX + (1-97) SCHEDULE A COMMONWEALTH OF PENNSYLVANIA REAL ESTATE INHERITANCETIV< RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Esther M. Welsh SSff 174-05-3931 06/17/2005 21-05-0630 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 knowledae of the relevant facts. Real property which is jointly-owned with riaht of survivorship must be disclosed on Schedule F. ITEM DESCRIPTION VALUE AT DATE NUMBER OF DEATH 1 1270 Newville Road, Carlisle, PA - Appraisal Attached 192,000.00 TOTAL (Also enter on line 1. Recapitulation) $ 192,000.00 (If more space is needed, insert additional sheets of the same size) f"nnv,.;...ht 1.-I1QQJ'; f........ ",...fl-..,,,... .....Iv t"P<:.v"'t......... I.... 1:...._ DI:\I_lI;.n~ I:Y ID~" 1 ",\ REV-1503 EX -+ (1-97) SCHEDULE B COMMONWEALTH OF PENNSYLVANIA STOCKS & BONDS INHERITANCETM RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Esther M. Welsh SSft 174-05-3931 06/17/2005 21-05.0630 All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM DESCRIPTION UNIT VALUE VALUE AT DATE NUMBER OF DEATH 1 Legg Mason, CUSIP #37042G5H5 - General Motors 30,157.97 Acceptance Corp TOTAL (Also enter on line 2, Recapitulation) 30,157.97 (If more space is needed, insert additional sheets of the same size) -_.. ~----- CopyrIght (c) 1996 form software only CPSystems, Inc. REV-1508 EX + (1~97) SCHEDULE E COMMONWEALTH OF PENNSYLVANIA CASH, BANK DEPOSITS, & MISC. INHERITANCE TAX RETURN PERSONAL PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER Esther M. Welsh 55!1 174-05-3931 06/17/2005 21-05-0630 Include the proceeds of litigation 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 VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 M&T Bank - Checking Account 89646002 15,059.00 2 Coin Collection - Appraisal Attached 2,006.68 3 Personal Property - Appraisal Attached 5,622.00 TOTAL (Also enter on line 5, Recapitulation) $ 22,687.68 (If more space is needed, insert additional sheets of the same size) Copyright (e) 1996 form software only CPSys:tel't\$, Inc. REV-1511 EX +(1-97) SCHEDULE H COMMONWEALTH OF PENNSYLVANIA FUNERAL EXPENSES & INHERITANCE TAX RETURN ADMINISTRATIVE COSTS RESIDENT DECEDENT ESTATE OF FILE NUMBER Esther M. Welsh SSfI 174-05-3931 06/17/2005 21-05-0630 Debts of decedent must be reported on Schedule f. ITEM NUMBER' DESCRIPTION AMOUNT A. FUNERAL EXPENSES, 1 Gingrich Memorials - Inscription 100.00 2 Hoffman-Roth Funeral Home - Funeral 5,871.50 B. ADMINISTRATIVE COSTS, 1. Personal Representative's Commissions 10,750.00 Name of Personal Representative(s} Leslie C. Hurley Social Security Numbens) I EIN Number of Personal Representative(s) 177-24-5778 Street Address 281 Harvest Dr i ve City Carlisle Stat.~Zip 17013 Year(s) Commission Paid: 2. Attorney's Fees IRWIN & McKNIGHT 11,100.00 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 Register of Wills 352.00 5. Accountant's Fees 6. Tax Return Preparer's Fees 250.00 7. Other Administrative Costs 1 Carlisle Coin Shop - Appraisal on Coin Collection 25.00 2 Cumberland Law Journal - Estate Notice 75.00 3 PENNDOT - Copy of Duplicate Title 22.50 4 Register of Wills - Filing Fee 30.00 5 Robert Sipe - Lawn Care 250.00 6 Roy D. Gottshall - Appraisal on Personal Property 65.00 Total of Continuation Schedule(s) 404.77 TOTAL (Also enter on line 9, Recapitulation) $ 29,295.77 (If more space is needed, insert additional sheets of the same size) CopyrIght (el 1996 form software only CPSystems, Inc. -- Estate of: Esther M, Welsh Sac Sec iI: 174-05-3931 Date of Death: 06/17/2005 Continuation of Schedule H-B7 (Other Administrative Costs) Item Description Amount II 7 S,W. Barrett Real Estate - Appraisal on Real Estate 275.00 8 The Sentinel - Estate Notice 129.77 ___________w__ 404. 77 REY-1512 EX +(1-97) SCHEDULE I COMMONWEALTH OF PENNSYLVANIA DEBTS OF DECEDENT, INHERITANCE TAX RETURN MORTGAGE LIABILITIES, AND LIENS RESIDENT DECEDENT ESTATE OF FilE NUMBER Esther M. Welsh SSft 174.05-3931 06/17/2005 21.05-0630 Include unreimbursed medical expenses. ITEM NUMBER DESCRIPTION AMOUNT 1 Lifeline - Medical 38.00 2 PP&L - Electric 152.94 3 Sprint - Telephone 42.00 TOTAL (Also enter on line 10, Recapitulation) $ 232.94 (If more space is needed, insert additional sheets of the same si2e) Copyright (c) 1996 form software only CPSystems, Inc. ...-.. ~-~---- REV-1513 EX" (9-00) SCHEDULE J COMMONWEALTH OF PENNSYI.,VANIA BENEFICIAR IES INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Esther M. Welsh SSI! 174-05-3931 06/17/2005 21-05-0630 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSoMS) RECEIVING PROPERTY Do Not List Trustee{s) OF ESTATE I. TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116(aX1.2)1 1 Peggy Harmer Granddaughter 5,000.00 323 W. Main Street Apartment 1 Dallastown, PA 17313 2 Nancy Kramer Grandson 5,000.00 3905 Franklin Court Chester Springs, PA 19425 3 Jeffrey Welsh Grandson 5,000.00 130 Perring Drive Dallastown, PA 17313 4 John Welsh Grandson 5,000.00 9 Park Street York, PA 17407 5 Llobd G. Welsh Son Remainder PO ox 327 Carlisle, PA 17013 ENTER DOLLAR AMTS, FOR DISTRIBUTIONS SHOWN ABOVE ON LN, 15 THRU 18, AS APPROPRIATE. ON REV 1500 COVER SHEET II. NON-TAXABLE DISTRIBUTIONS, A. SPOUSAL DISTRIBUTIONS UNDER SEC, 9113 FOR WHICH AN ELECTION TO TAX IS 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 (If more space is needed, insert additional sheets of the same size) - ,-- Form REV-1S13 EX (Rev. 9-00) LAST WILL AND TESTAMENT I, ESTHER M. WELSH, of North Middleton Township, Cumberland County, Pennsylvania, declare this to be my Last Will and Testament, hereby expressly revoking all Wills and Codicils heretofore made by me. 1. I direct my Executor to pay all of my debts, funeral and administrative expenses as soon as may be done conveniently after my decease. 2. I authorize and empower my Executor to sell any realty owned by me at my death and not specifically devised herein at either public or private sale, and to give good and sufficient deeds therefor, in fee simple, as I could do ifliving. 3. I give, devise and bequeath all of my estate of every nature and wherever situate as follows: (a) $5,000.00 to each of my grandchildren; and (b) All the rest, residue and remainder to my son, LLOYD G. WELSH, and if he is not living at the time of my death, to his children, share and share alike. 4. I nominate and appoint LESLIE C. HURLEY to be the Executor of this my Last Will and Testament; he is to serve as such without bond. Should he die before my dealh, renounce or refuse to serve for any reason, or die leaving any of my estate unadministered, I nominate and appoint PEARL E. HURLEY as substitute Executrix, also to serve as such without bond, with the same powers as are given herein to my original Executor. 5. I hereby suggest that my personal representative retain the services of Irwin & McKnight as attorneys in the settlement of my estate. IN WITNESS WHEREOF, I have hereunto set my hand and seal this ~ \0 day of March, 2004. , - G.;;5"I-iCci..~77t. {.C/4/(~ ~. (SEAL) ESTHER M. WELSH Signed, sealed, published and declared by ESTHER M. WELSH, the Testatrix above- named, as and for her Last Will and Testament, in the presence of us, who, at her request, in her presence and in the presence of each other have subscribed our names as witnesses hereto. \,~U - f>{~1//,t ' ',' al.').-r /," (117.1 Ud /,;0(,'/ " ~d' v:..:.' . ~ /' 7Ji -< .~. . (;{:~(/ / t/ < ! ( .. 2 ACKNOWLEDGMENT AND AFFIDA VIT WE, ESTHER M. WELSH, MARTHA L. NOEL and SHARON L. SCHWALM, the Testatrix and witnesses respectively, whose names are signed to the foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the Testatrix signed and executed the instrument as her Last Will and Testament, that she had signed willingly, that she executed it as her free and voluntary act for the purpose herein expressed, and that each of the witnesses, in the presence and hearing of the Testatrix, signed the Will as a witness and that to the best of their knowledge the Testatrix was, at that time, eighteen years of age or older, of sound mind and under no constraint or undue influence. C"' 'G 7n. I, /(iL.'., h, v.5 'f-, ~ll ESTHER M. WELSH /'17/ akii)1~~;"'yJ '1hJr'Y ( . MAR HA L{ NOEL {(;4. --- . // i ~. ~_" ..' {7<, ~/.,( ,~ }\.-- d:&" rj,d '~4'~ ~ SHARON L. SCHWALM COMMONWEALTH OF PENNSYLVANIA : : SS: COUNTY OF CUMBERLAND : Subscribed, sworn to and acknowledged before me by ESTHER M. WELSH, the Testatrix herein, and subscribed and sworn to before me by MARTHA L. NOEL and SHARON L. SCHWALM, witnesses, this IDt\" day of March, 2004. )..CI,'< --? cb'--.. /I'/N Dtary Public / / , / , Notarial Seal - ,/ Roger B. Irwin. Notary Public Carlisle Boro. Cumberland County My Conunission Expires Oct. 3. 2004 Member, Pennsylvania AssociationofNotartes 3 S. W. BARRETT REAL ESTATE & APPRAISAL SERVICES ._. .- -- - --~- Fije No. 05-0369 "-- -.-.- -- .- I APPRAISAL OF I ! I I I I I l I I LOCATED AT: 1270 Newville Road Carlisle, PA 17013-9486 I ! I FOR: I Irwin & McKnight 60 West Pomfret Street Carlisle, PA 17013 BORROWER: WELSH, Esther M. (Estate) AS OF: June 17, 2005 BY: \ Stan A. Skowronek Certified Residential I l.. .. -.--- I 124-126 NORTH HANOVER STREET, CARLISLE, PA 17013 717-243~646 AND FAX 717-243-8627 S. W. BARRETT REAL ESTATE & APPRAISAL SERVICES ,------ File No 05.0369 ,-.-.- - - .. [ i 07/11/2005 I ! Irwin & McKnight 60 West Pomfret Street Carlisle, PA 17013 File Number: 05-0369 In accordance with your request, I have personally inspected and appraised the real properly at: 1270 Newville Road Carlisle, PA 17013-9486 The purpose of this appraisal is to estimate the market value of the subject property, as improved, The properly rig hIs appraised are the fee simple interest in the site and improvements. i In my opinion, the eslimated matket value of the property as of June 17, 2005 is: I ! I ! $192,000 I One Hundred Ninety- Two Thousand Dollars The attached report contains the description, analysis and supportive data for the conclusions, I ! final estimate of value, descriptive photographs, limiting conditions and appropriate certifications. i Respectfully submitted, ~G :~9\})fc~ Stan A. Skowronek Certified Residential i -~- - ~-- - ~ ----- 124-126 NORTH HANOVER STREET, CARLISLE, PA 17013 717-243-6646 AND FAX 717-243-8627 SUMMARY APPRAISAL REPORT Prooortv DescriDtlon UNIFORM RESIDENTIAL APPRAISAL REPORT File No. 05-0369 Prooerlv Address 1270 Newville Road City Carlisle Slate P A ZloCOde 17013-9486 LeoalOescriotion Deed Book Z-29. paae 213 County Cumberland Assessors Parcel No, 29-20-1790-020 Tax Year 05/06 RE. Taxes $ 3 260.00 Soecial Assi!ssmen1s $ NI A Borrower WELSH Esther M. (Estate! Current Owner Welsh Esther M. Occunant j I Owner ! I Tenant Ix1 Vacant .. Prooertv rlohts aoora~ed IXI Fee Sim"'" [-1 leasehold I Proiect T vne fl PUD fl CondominiumlHUONA;nM HOAS N/A IMo. Neiohborhood or proiect Name North Middleton Township MaD Reference 20-1790 Census Tract 0119.01 Sale Price $ N1A Date of Sale N/A Description and $ amount of loan chargeslooncessiom; to be paid by se~ef N/A Lender/Client Irwin & McKniaht Address 60 West Pomfret Street, Carlisle, PA 17013 Aporaiser Stan A. Skowronek Address 126 North Hanover Street Carlisle PA 17013 Location W Urban !1S) Suburban U Rural Predominant Single family housing Present land use % Land use change Built up B Over 75% 00 25-75% B Under 25% occupancy PRICE AGE One family 55% o Not likely 0 Likely ${OOO) (yr') Growth rale Rapid 00 Stable Slow 00 awn.. 95 130 Low New 2-4 family 0% 00 In process Property values 00 Increasing 0 Stable B Declining o Tenant 275 Hinh 50 MuIIHami~ 0% To: Comm/Resld. Demond/supply 00 Shortage 0 Iobalaool Ov<fsupply fEi Vacanl{M%) ,'1'\\;;;cl Predominant ~~ommercial 30% Marketinn time /Xl Under 3 mos. M 3-6 mos. n Over 6 mos. VacaflttlP/<<S%' 150 40 Vacant' 15% Note: Race and the racial composition of the noighborhood are not appraisal factors, Neighborhood boundaries and characteristics: The subject is bounded on the north bv Newville Rd. on the east bv Orance St on the : south bv Ritner Hwy and on the west bV route 233. . Factors that affec;t the marketabillty of the properties in the neighborhood (proximity to employment and amenities, employment stability, appeal to market, etc.): ~ The sublect is located across from an area which is being developed into a trucklna warehouse comolex which could have a " neoative affect uPon marketabilitv and/or market value. Market conditions in the subject neighborhood (including support for the above conclusions related to the trend of property values, demand/supply, and marketing time - - such as data on competitive properties for sale in the neighborhood, description of the prevalence of sales and financing concessions, etc.); prooertv sales records and MLS statistics show a steadv increase in property values over the past vear. Averaae marketino time of 20-60 davs shows a shortaae in supplv over the past several vears. Few sales and financina concessions are needed In the neiahborhood. NOTE' See previous section. . Project Information for PUDs (If applicable) - - Is the developer/builder in control of the Home Owners' Association (HOA)? U YES UNO Approximate total number of units in the subject project N/A Approximate total number of units for sale in the subject project N1A Describe common elements and recreational facilities: N/A Dimensions See legal descrlation Topography SlIahtlv sloolno Site area 2.21 Acres mil Corner Lot U Yes 00 No Size TVDical for area SpecWe zoning classification and description Industrial Shope Irrenular Zoning rompliance 0 legal 00 Legal nooronfoonilg (Grandfath..ed use) U illegal U No zoning Drainage Annears Adeauate I Hiahest & best use as imoroved: fXl Present use "rxi" Other use (explain) See Note A View Commercial Utllitiss Public Other Off-site Improvements Type Public Private landscaping Averaoe Electricily 00 200 Amp Street Macadam 00 0 Driveway Surface Macadam Gas 0 Curb/gutter None 0 0 Apparent easements None Indicated Water DWell Sic:lewalk None 0 0 FEMA Special Flood Hazard Area DYes -00 No Sanitary sewer R Septic Skeet lights None R R FEMA Zone C Map Date 04/01/1982 Storm sewer AHev None FEMA Mao No. 4203670010B Comments (apparent adverse easements, encroachments, special assessments. slide areas, illegal or legal nonconforming loning, use, etc.): See Attached Addendum GENERAL DESCRIPTION EXTERIOR OESCRIPTION FOUNDATION BASEMENT INSULATION No. of Units 1 Foundation Conc Blk Slab None Areo Sq,Ft. 1275 Roof 0 No. of Stories 1 Exterior Walls Brick Oav.ISpaoo Partial % Finished 00/. Ceiling * ~ Type (Oet.lAtt,) Detached Roof Surface Fiberalass Bas.ement Partial Ceiling Onen Joist Walls . Design (Style) 1 Storv Gutters & Dwnspts. Aluminum SUIfI' Pump No Walls Conc Blk Floor . 00 Existing/Proposed Exislina Window Type Wood Frame Dampness None Obs Floor Concrete None 0 Age (Yrs,) 41 Storm/Saeem~ Y es/Y es Selllement None Obs Outside EnlIy No """""" 0 Effective Aoe y,s,\ 15-20 Manufactured House No Infestation None Obs . R Factor Unk 0 ROOMS Foy", Livino Dinino Kitchen Den Familv Rm, Rec, Rm. Bedrooms # Baths LaundfV Other Area SoH , Basement le\lel1 X 1 1 1 2 2 1 2550 0 level 2 0 2 Bath!.\' Finished area above arade contains; 5 Rooms. 2 Bedroom s'; 2 550 Snuare Feet of Gross Livinn Area . INTERIOR Materials/Condition HEATING KITCHEN EQUIP, ATTIC AMENITIES CAR STORAGE, Floors Hrdwd/CrptNinvl Type BB Refrigerator 00 None 0 Fireplace(s)#L- ~ None 0 . Walts Drvwall Fuet Elect Range/Oven 00 stairs 00 Patio Concrete Gara.ge2 # of cars TrimlFinish Wood ConditionAva Disposal 0 Drop Stair B Dec!< 0 Attached 2 Bath FJooc Vinvl COOLING Dishwasher 0 Scuttle Porch 0 Detached Bath Wainscot DrvwlllCerT Central No Fan/Hood 0 Floor 00 Fence 0 Bullt-In Doors Wood Other None MiaowClve 0 Heated R Pool R Carport Averaae/Good CoodilionN/A Washer/DrYer M Finished Drivewav 4/Mac Additional features (special energy efficient items. etc.): Rear covered patio. Condition of the improvements, depreciation {physical, functional, and external), repairs needed, quality of construction remodeling/additions, etc.; Imnrove ments are in averaae/aood condition with no phvslcal or functionallnadeouacles annarent. 0 Adverse environmental conditions (such as, but not limited 10, hazardous wastes, loxic substances. etc.) present in the improvements, on the site, or in the immediale vicinity of the subject property; No adverse environmental conditions are aooarent/disclosed. freddi4thcF,,"mlQ 6-'!:1 PAGE 1 OF2 FanllllMaeFlll"ml004 lj.93 p,.oducedusingACltOflw.,.e.lKXl2S4.S721wWluciwlboom ADDENDUM Borrower: WELSH, Esther M, (Estate) File No,: 05-0369 Property Address: 1270 Newville Road Case No.: City: Carlisle Slate: PA Zip: 17013.9486 Lender: Irwin & McKni9ht Site Comments Prlvate water and sanitary systems are common to the area and have no adverse affect upon marketability. NOTE Aj The subject ;s located in an Industrial Zoned area. The subject's immediate neighbors to the east and west afe similar grandfathered residential uses; therefore, the immediate highest and best use Is considered to be Residential. The future highest and best use could easily transfer to Industrial, thus increasing the value of the site. Addendum Page 1 of 1 SUMMARY APPRAISAL REPORT Valuation Section UNIFORM RESIDENTIAL APPRAISAL REPORT FileNo. 05-0369 ESTIMATED SITE VALUE. , . . , , . . . , . , . . . . . . . , . . , . , , . = $ Comments on Cost Approach (such as, source of cost estimate. ESTIMATED REPRODUCTION COST-NEW OF IMPROVEMENTS: site value, square foot calculation and tor HUD. VA and FmHA, the Dwelling Sq, Ft. @ $ = $ estimated remaining economic life of the property): Sq, Ft. @$ = Cost Annroach deemed a Door indicator of value due to . = ane of the ImDrovements. Estimate<! remaininn : GarageICo-pat Sq. Ft. @ $ = economic life is 40-45 years . - 4 Total Estimated Cast New. . . . . . . . . . . . . , .. = $ . Less PhYSical"i Functional r External Est. Remaining Econ. Ufe: -15 Depreciation = $ OepreciatedValueoflmprovements.................. . = $ "As-is" Value of Site Improvements. . . . . . , . . . , . . . . . . . . = $ INDICATED VALUE BY COST APPROACH. , , ...... = $ ITEM I SUBJECT COMPARABLE NO.1 COMPARABLE NO, 2 COMPARABLE NO, 3 1270 Newville Road 309 Croghan Drive 1210 Stratford Drive 460 Greensprlng Road Address Carlisle Carlisle Carlisle Newville Proximity to Subiect 0.36 MI NW ~0.97 MI S~W 10.9 MI W Sales Price $ NIA ,$ 190000 $ 235 000 $ 195000 PricefGross Uv..Aces $ 0.00 \1l $ 86.84 IZl " ' $ 111.48 \1l" .. $ 72.140 Data and/or Inspection MLS/Courthse M LS/Courthse MLS/Courthse Verification Sources Courthouse VALUE ADJJSTh'ENTS DESCRIPTION OESCRIPTION -[ +(-\lAd'ustm8l\l DESCRIPTION I +(-ISAdius"","' DESCRIPTION I H.)SAdillslmflllt Sales Of Financing 'Nlp;;ii1i)1\ , None,Conv None,Conv None,Conv Concessions iw~,ffA!f DOM9 ! DOM 180 , DOM 75 ;'w;'-;"", Dale of SalelTime N/AA""';f " 08/12/2004 : OS/28/2004 : 1 0/29/2004 : , location Suburban Sunerlorl.5%\- , -9500 Sunerio;l-5%1 , -12 750 Suoeriorl-5%\ -9750 LeasehokliFeesm;e Fee Simole Fee Simnle : Fee Slmnle , Fee Simnle , , , Site 2.21 Ac/Ava .46 Ac/Avo , .35 Ac/Avo : 1 AclAvo : 9015 , View Commercial Residential Residential Commercial Desian and AOGeal 1 StorY/Good 1 Storv/Good , 1 Storv/Good , 1 StorY/Good , Quai\v of ConshJdiln Good Good , Good : Good : , Aoe 41 Years 26 Years , 21 Years 50 Years Condition Ava/Good Avn/Good : Avn/Good Avo/Good : Above Grade TotaI'8drms' Balhs ToIaI'E1<tm,' ."" : "Total' SGm" 9alht : TlltaI'Bdr~' e"", : . Room Count 2! 5: 2: 2.00 7: 3: 2.50: -1,500 7: 3: 2.50: -1.500 6: 3: 1.50 ' 1,500 _ Gross U\linQ Area 2 550 Sn.Ft. 2188 SnH. 9050 2108 SnH : 11050 2 703 SaR : -3825 . Basement & Finished Part. Bsmtl Crawl Space , 3,000 Full Bsmt/ , -2,500 Slab 5,000 , Rooms Below Grade Unfinished Unfinished , , : Functional Utilltv Averaoe Averaoe : Averaoe : Averaoe Heatina/Coolina EBB/None HW/CA : -4000 HP/CA : -4 000 EBB/None : . En,,",v Eflicienl Items Tvnical Tvnical Tvoical Tvnical : GaraoelCaroort 2 Car Garaoe 2 Car Garaoe : 2 Car Garaoe , 2 Car Garaae , . Porch. Patio, Deck. Patio/ DecklPorch/ -2.500 SclnPor/Patio/ -5,000 DecklPto/Gazbo/ : -2,500 Firenlacersl. etc, 1 FireDlace 1 Fireolace , 1 Fireolace , 1 FireDlace : , Fence, Pool, etc. None None , None : Inord Pool : -3000 : : : Net Adi, (tolall . X. '$ 5450 I I. TXI. '$ 14700 . [1 + IX1- :$ 3560 Adjusted Sales Price :~%1S'atilll ~~'tliti't~ijtKj of Comoars.ble $ 184550 '*:"~Jill!~!!i~~E!1ll 220 300 N~I~1it:0.1j8WI~s$l $ 191440 , ;N.II~,/.i:"". ~. .f'~":;:~ $ Comments on Sales Comparison (including the subject property's compatibility to the neighborhood, etc. ): Location adiustments reflect the subiect beine located across from a newlv develoninn warehousinn comnlex while the comDarables are all in established residential areas. These are the best sales comDarables known to be available. Oninion of value ranae is $184 000 to $220 000. NOTE: No site adiustments for comDarable #'s1 & 2 since thev are serviced bv -nubllc water and sewer. ITEM SUBJECT COMPARABLE NO, 1 COMPARABLE NO, 2 COMPARABLE NO, 3 Date. Price and Data 11130/1982 Source for prix sales $6,353 None None None within vear of aP!)"tiisal Courthouse Courthouse Courthouse Courthouse Analysis of any current agreement of sale, option, or listing of the subject property and analysis of any pro- sales of subject and rompwables within one yew of the date of ap~aisal: No Drior transfers of the subiect within the Dast 36 months and no nrior transfers of the comDarables within 12 months of their sale date. INDICATED VALUE BY SALES COMPARISON APPROACH, " ,..,..,.,.,..,.", '.i,: . , ' . , , , , , . , . , ' . . , . . . . , . , ' , . ,$ 192 000 . INDICATED VALUE BY INCOME APPROACHllf Estimated Market Renl $ N A lMc,xGrossRenIMu"~I"" N/A-$ NIA This appraisal is made ~ "as is. U subject to the repm, alterations, Inspections (X" conditions fisted below U subject to completion per plans and spe.citt:ations. Conditions of Appraisal: The property has been appraised in current condition. This is for the clients use onlv~ nontransferable. Final Reconcilialion: The Market Data Analysis supports my estimated market value of the subiect. The Cost Approach was not deemed an aDDroDriate indicator of value due to the ane of the sub'lect and therefore was net included herein. The Income . AODroach was also deemed inannronriate for this analvsis. . The purpose 01 this appraisal is to estimate the market value of the real properly that is the subject o( this report, based on the above conditions and the certification, rontingent and limiting conditions, and market value definition that;n stated in the attad'led Freddie Mac Form4391Fannie Mae Fam 1004B (Revised 6193 ), I (WE) ESTIMATE THE MARKET VALUE, AS DEFINED, OF THE REAL PROPERTY THAT IS THE SUBJECT OF THIS REPORT, AS OF 06/17/2005 . (WHICH IS THE DATE OF INSPECTtON AND THE EFFECTIVE OATEOF THIS REPORT) TO BE$ -192,000 '~( . , APPRAISE~G' ~ ~ SUPER'iIlSOR0"..!'RAI~(~qvIFR~U1R~:;l Signature """"'__ . . - 1::'>>"" ,,,t Sianatu",.."::> --, 1-- L..-.-.: ' OOid OOOid Not Name Stan A. Skowronek Name Steven W. Barrett, SRPA, SRA Inspect Properly Dale Report Signed 07/11/2005 Dale Reoort Sioned 07/11/2005 Slate Certification # RL-001572.L Slat. P A State Certification # GA-000298-L Stale P A Or State License # Stale Or State license # RB-026921-A Slale P A freddleMatFllI"m1G &-'n Certified Residential PAGE 2 OF 2 L"ertified General Appraiser Far'lllieMaefcrm1004 6-93 ProdUC8duJingAClsoftw....,!IOO_23-4.1I121__acfwolt>.com Steven W. Barrett R.E. Appr. Svc. FLOORPLAN ~orrower: WELSH, Esther M. (Estate) FileNo.: 05-0369 Proeerty Address: 1270 Newville Road Case No.: City: Carlisle State: PA Zip: 17013-9486 Lender: Irwin & McKnl ht i i , ./ ././ /' i "" , ~ //// //// // // c .c 0 /~ /".,,/ .-/,//./ - m I'll Dining Kitchen ~ // / /-/ ,/ // /' ,/ ,/../ Bedroom co //' // -.,/ ///.,/ ,/~/ //// , , ./ ,,/ /,/ /' .// // /' / T)N9-C'JryaragEJ/ / / / /' / / / / " . Living / // // / / / / . ./ /' /" ,/ _/ .,/' ./ / ,// 1"'./ ///' ", - /' ./' / / // / ,/ / // / / / / '. Bedroom Sketch by Apex IV Windows ,. AREA CALCULATIONS . SUMMARY LIVING AREA 8 EAKDOWN Code Description Size' ''Totals Breakdown Subtotals GLAl First Ploor S49.9999 549. 999 FJ.rst Ploor P!P Covered Patio 240.0000 240.0000 30,00 " 70,00 099.9999 GAR Two Car Garage 750.0000 7S0.0000 18.00 " 2S,OO 450.0000 I I i I I , TOTAL LIVABLE (rounded) 2550 2 Areas Total (rounded) 2550 ! ""< --. - -- ~ - _u.__ 124-126 NORTH HANOVER STREET, CARliSLE, PA 17013 717-243-6646 AND FAX 717-243-8627 .....""..........". . I"...... ....."-. I .--- n_ I"" ""UI.";;llIPooIU... Borrower: WELSH, Esther M. (Estate) File No,: 05-0369 Properly Address: 1270 Newville Road Case No,: City: Carlisle State: PA Zip: 17013 Lender: Irwin & McKniaht I ------,..----- , I FRONT VIEW OF I SUBJECT PROPERTY Appraised Date: June 29, 2005 I r -- -. - - REAR VIEW OF SUBJECT PROPERTY ! I I I I I I -- --- . -.-- STREET SCENE I ~~ ~~,:;.-- -'-*~~~...." l __.... .......'''..._.... '''_, ........, I rn"'" tV I"\UUCI'ILlUIYf Borrower: WELSH, Esther M. (Estate) File No.: 05-0369 Property Address: 1270 Newville Road Case No,: City: Carlisle State: PA Zip: 17013-9486 Lender: Irwin & McKnioht COMP ARABL.E SALE #1 309 Croghan Drive Carlisle Sale Date: 08/12/2004 Sale Price: $ 190.000 COMPARABL.E SAL.E #2 1210 Stratford Drive Carlisle Sale Date: OS/28/2004 Sale Price: $ 235,000 I COMPARABL.E SAL.E #3 460 Greensprin9 Road Newville Sale Date: 10/29/2004 Sale Price: $ 195,000 Borrower: WELSH, Esther M. (Estate) FileNo.: 05~369 Properly Address: 1270 Newville Road Case No.: City: C-"rlis[e State: PA Zip: 17013-9486 Lender: Irwin & McKni ht 1- --- I ~1 ! I ~ .1;\ .' I r;l1 I 9';u" Ii I 2 . ..~~ 'W' .. --~ -:g; ~ '.t l'i, ._- I . .~.<.__.-_...- . . 0 , 0 .f I ~~ ~, ~\ ---- <~!' p ~13 N-lW"iYU;1 ~tt ".-..---. ..._u.c". "t,t~ gFj"~' ...- I '1t;;.<' 9' " 0 ;~~I I it,';.;' ill f,J~l- Ol'3noel Dr: . H!;j ..., ~ ~. I I I \? "". I') ,}, CO(1l~,Blt8 . l!U~ ~ !;l; -11"'" ,v ... "" FloodMap Legend Flood Information Flood Zones Commun~y: 420367. NORTH MIDDLETON, TOWNSHIP OF PropertY' is not in a f80AAspecial flood hazard area. Aru1i.J\Untl1t~ by 50'0-)'.. ftooding Map Numb." 420367 00109 Map Oat.: OW\llllS2 Panel: 00100 F1PS: 421141 Areas P1'tlf.p oflfle100- af\d 600<1uf l'!'oD.tfpJll"""S Zon@: C _ Ate.$ tnuftllal!.d by tQ"'~t$l' ftOOdil'lg ..... A.f.1I:S ~.,.d by l(:O-Y,,*f QOQdlng wllh W1ta-c:Hy ~ft!d Fhltt\1tv:ly.r..a$ Neither Transamerica Flood Hazard Certification (TFHC) nor ACI make any representations: or uJ3fTi1nties to any party concerning th@content. accuracy or FJoo-d'to,.,,:( .rif',tt With \'CI!loc~ h.N-.atd completeness of this tlood report. including any walT3my of merchamability or I At.., tit' \l'Ul'~.rmln..d bvI ,oniblt ,,"11 h..ord,- fitness tor a particularpuJPose. Neither TfHC nor ACI nor the seller of this flood repon 'Shall have: any liability to any third pany for any use: or misuse of k.'s dO! m'pl'td on atrIJ ~he(l FIRM this flood report. I 124-126 NORTH HANOVER STREET, CARLISLE, PA 17013 717-243-1;646 AND FAX 717-243-8627 LOCATION MAP Borrower: WELSH, Esther M. (Estate) FileNo.: 05-0369 Property Address: 1270 Newville Road Case No.: City: Carlisle ----.Etate: PA Zip: 17013-9486 Lender: Irwin & McKni ht --..-.-.-- --- -.--.--.- -- -- ---~ -,.--. --.---.... -- ------ --- -- --. - _.u.____ __.. _ ....r-....../ /" / \ ~- J - --- I , I i ) I I Prepared by_ Sleven W Barrett R.E. Appr. Svc. (717) 243-6646 ----.----- -.-------- -------.---,..---.---- .---- ----.-...-.- -.--. ----0-.-- ____._. ___, __,. __ _ _.......___ _._..n.____.______.__,___.__ .___._ ____.___.__ -..---.--- 124-126 NORTH HANOVER STREET, CARLISLE, PA 17013 717-243-6646 AND FAX 717-243-8627 File No 05-0369 ----- -- - - --- - -~---- .-------- ......... QUALIFICATIONS ......... The following checked items are SPECIFIC SPECIAL CONDITIONS that were Identified by this appraiser during the inspection of the sUbject property, the com parables sales, and their neighborhoods and locations. Unless otherwise noted, the conditions that apply to the subject property or the comparable sales used DO NOT AFFECT THE MARKET I VALUE OR THE FUTURE MARKETABILITY OF THE SUBJECT PROPERTY BEING APPRAISED. This is not a home inspection service. This is an appraisal to estimate market value. _1. The subject is located in a rural area and is less than 25% built-up. _x_2. Commercialllndustrial uses are located within the subject's neighborhood. These uses are typical of similar neighborhoods. _x_3. Vacant and undeveloped land uses are located within the sUbject's neighborhood. These uses are typical for the area. I ! _x_ 4. The predominant value in the neighborhood is less than that of the market value of the subject property. This is due to the very wide range of value of properties in the area and superior quality of the subject property. I _5. The subject property is located In a F.E.M.A. Identified Ftood Zone. Flood insurance coverage is required and i Ir suggested. I, II _6. Dampness Is noted in the basement of the subject. Standing or running water was not present on basement floor. This condition is considered typical in dwellings of this style. Ii I Jo_7. The subject property is serviced by private well and/or septic systems which is common for the area. I I _x_B. The subject is older than flve(5) years. All mechanical systems including the heating, electrical and plumbing systems appear upon a visual exterior Inspection to be in work.ing order. No warranties are implied in this statement. _9. Repair items were noted in the comments section of the report. These comments on repair items are for descriptive purposes only and are not required repairs. The items listed are cosmetic in nature. r _10. The basement floor is a dirt floor. This condition is common and typical for the area. and does not pose a health or safety hazard. _11. The subject property does contain functional obsolescence as noted in the report. This condition is considered typical and common for the area and this style dwelling. _12. The land value exceeds 30% of total value due to the high demand for vacant land in this neighborhood. This condition is considered common and typical for the neighborhood. _13. The land value exceeds 30% of total value. This is due to the large size of the site. This condition is considered to be typical and common. _14. Individual adjustments were required that exceed 15%. These adjustments were required due to lack of more I similar comparables on that individual rating. All com parables used are the best available. _15. Total adjustments exceed 25%. This is due to the lack of comparable sales that were more similar in the ii subject's market area. All comparabies used are the best available. _x_16. One or more comparable sales are older than six(6} months. Although there are comparable properties in the subject's area, none have sold recentiy; therefore, sales in excess of six(6) months have to be used. All comparables i i used are the best available. I ! _x_H. One or more comparables used were in excess of one (1) mile from the subject property, Although there are < comparable properties in the Immediate area, none have soid recently. Therefore, it was necessary to use comparable I sales outside of the Immediate area. All comparables used are located in similar neighborhoods and within the same I I marketing area. All comparables used are the best available. < _18. The electrical system was not connected during inspection. _19. The water service was not connected during inspection. , , ! _20. The heating system was shut down during Inspection. _21. Roofing_Plumbing_Electrlcal_Heating_certification(s} is/are suggested. _22. Inground swimming pool_, out buildings_are included__,not included_according to lender's guidelines. _23. According to lender's guidelines a maximum of_ acres were considered for this valuation. Remaining acreage was given no value. i .- -- -----,-.- - -----~-- ..1 File No 05.()369 -------- ",c, .. -- --- ---------- ********* QUALIFICATIONS ********* _24. The subject property is located on a private road. _25. Wood infestation inspection is suggested. _x_26. Last recorded deed transfer: Date_11/30/1982_, Consideration: $_6,353 _27. Proposed construction/renovation in accordance to plans and specifications to be completed In a workman-like manner. _28. Seller is paying part or all of closing costs. _x_29. All comparable sales are verified closed sales. _x_30. There are no special conditions or other requirements that would affect market value or future marketability in I the Appraisal Report. CHECKED ITEMS ARE SPECIFIC SPECIAL CONDITIONS THAT WERE IDENTIFIED BY THIS APPRAISER DURING INSPECTION. : i : I' , , I , i , : " -._- - _n____ File No 05-0369 - .--- --- - ......... QUALIFICATIONS ......... Confidentiality and Security Policy We consider privacy to be fundamental to our relationship with clients. We are committed to maintaining the confidentiality, integrity and security of clients' personal information. Internal policies have been developed to protect this confidentiality, while allowing client needs to be served. We restrict access to personal information to authorized individuals who need to know this information to comply with federal standards to protect your nonpubllc personal information. We do not disclose this information about you or any former consumers or customers to anyone, except as permitted by law. The law permits us to share this information with our affiliates. The law also permits us to share this information with companies that perform marketing. When we share nonpublic Information referred to above, the information is made available for limited purposes and I under controlled circumstances. We require third parties to comply with our standards for security and confientialily. We do not permit use of consumer/customer information for any other purpose nor do we permit third parties to rent, seil, trade or otherwise release or disclose information to any other party. Ii Education As of the date of this report, I and/or Steven W. Barrett, SRPA, SRA, have completed the requirements under the continuing education program of the Appraisal Institute. I , ,n _ ' , -,-- . - ----. - File No, 05-0369 DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a compelilive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimuius. Implicit in this definition is the consummation of a sale as of a specified date and the passing ollitle from seller to buyer under conditions whereby: (1) buyer and seller are typically motivated; (2) bolh parties are well informed or weil advised, and each acting in what he considers his own best interest; (3) a reasonable time is allowed for exposure in the open market; (4) payment is made in terms of cash in U.S. dollars or in terms of financial arrangements comparable therelo; and (5) the price represents the normai consideration for the property sold unaffected by special or creative financing or sales concessions" granted by anyone associated with the sale. 'Adjustments to the comparables must be made for special or creative financing or sales concessions. No adjustments are necessary for those costs which are normally paid by sellers as a result of tradition or law in a market area; these costs are readily identifiable since the seller pays these costs in virtually all sales transactions, Special or creative financing adjustments can be made to the comparable property by comparisons 10 financing terms offered by a third party institutional tender that is not already involved in the property or transaction. Any adjustment shoutd not be calculated on a mechanical dollar for dollar cost of the financing or concession but the dollar amount of any adjustment shouid approximate the markers reaction to the financing or concessions based on the Appraiser's judgment. STATEMENT OF LIMITING CONDITIONS AND APPRAISER'S CERTIFICATION CONTINGENT AND LIMITING CONDITIONS: The appraiser's certification Ihal appears In the appraisal report is subject to the following conditions: 1, The appraiser will not be responsible for mallers of a legal nature that affecl either the property being appraised or the title to it. The appraiser assumes that the litle is good and marketable and, therefore, will not render any opinions aboul the litle. The property is appraised on the basis of it being under responsible ownership, 2. The appraiser has provided a sketch in the appraisal report to show approximate dimensions of the improvements and the sketch is included only to assist the reader of the report in visualizing the property and understanding the appraiser's determination of its size. 3. The appraiser has examined the available flood maps lhat are provided by the Federal Emergency Management Agency (or other data sources) and has noted in the appraisal report whether the subject site Is located in an Identified Special Flood Hazard Area. Because the appraiser is not a surveyor, he or she makes no guarantees, express or implied, regarding this determination. 4. The appraiser will not give testimony or appear In court because he or she made an appraisal of the property in question, unless specific arrangements to do so have been made beforehand, 5. The appraiser has estimated the value of the land in the cost approach at its highest and best use and the improvements at their contributory value. These separate valuations of the land and improvements must not be used in conjunction with any other appraisal and are invalid if Ihey are so used. 6. The appraiser has noled in the appraisal report any adverse conditions (such as, needed repairs, depreciation. the presence at hazardous wastes. toxic substances. etc, } observed during the inspection of the subject property or that he or she became aware of during the normal research involved in performing the appraisal. Unless otherwise stated in the appraisal report, the appraiser has no knowledge of any hidden or unapparenl conditions of the property or adverse environmental conditions (including the presence of hazardous wastes, toxic substances, etc. ) that would make the properly more or less valuable, and has assumed Ihat there are no such conditions and makes no guaranlees or warranties, express or implied, regarding the condition of the property. The appraiser will not be responsible for any such conditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist. Because the appraiser is not an expert in the field of environmental hazards, the appraisal report must not be considered as an environmental assessment of the property. 7. The appraiser obtained the information, estimates, and opinions that were expressed In the appraisal report from sources that he or she considers to be reliable and believes them to be true and correct. The appraiser does not assume responsibility for the accuracy of such Items that were furnished by other parties, 8, The appraiser will not disclose the contents of the appraisal report except as provided for in the Uniform Standards of Professional Appraisal Practice, 9. The appraiser has based his or her appraisal report and vatuation conclusion for an appraisal that is subject to satisfactory completion, repairs, or alterations on the assumption that completion of the Improvements will be performed In a workmanlike manner, 10, The appraiser must provide his or her prior written consent before the lender/ciient specified in the appraisal report can distribute the appraisal report (including conclusions about the properly value, the appraiser's identity and professional designations. and references to any prOfessional appraisal organizations or the firm with which the appraiser is associated) to anyone olher than Ihe borrower: the mortgagee or its successors and assigns; the mortgage insurer; consultants; professional appraisal organizations; any slate or federally approved financial institution; or any department, agency, or Instrumentality of the United States or any state or the District of Columbia; except that the lender/client may distribute the property description section of the report only to data collection or reporting servlce(s) without having to obtain the appraiser's prinr wrillen consent. The appraiser's written consent and approval must also be oblained before the appraisal can be conveyed by anyone In the public through advertising, public relations, news, sales, or other media. Freddie Mac Form 439 6-93 Page 1 of2 Fannie Mae Form 1004B 6-93 File No, 05-0369 APPRAISERS CERTIFICATION: The Appraiser certifies and agrees that: 1. \ ha'le researched .he subject market area and have selected a minimum of three recent sales of properties most similar and proximate to the subject property for consideration in the saies comparison analysis and have made a dollar adjustment when appropriate to reflect the market reaction to those items of significant variation. If a significant item in a comparable property is superior to , or more favorable than, the subject property. I have made a negative adjustment to reduce the adjusted sales price of the comparable and, if a significant item in a comparable property is inferior to, or less favorable than the subject property. I have made a positive adjustment to increase the adjusted sales price of the comparable, 2. I have taken into consideration the factors that have an impact on value in my development of the estimate of market value in the appraisal report. I have not knowingly withheld any significant information from the appraisal report and I believe, to the best of my knOWledge. that all statements and information in the appraisal report are true and correct. 3. I stated in the appraisal report only my own personal, unbiased. and professional analysis, opinions, and conclusions, which are subject only to the conlingenl and limning conditions specified in this form, 4, I have no present or prospective interest in the property that is the subject to this report, and I have no present or prospective personal interest or bias with respect to the participants in the transaction. I did not base, either partially or completely, my analysis andlor the estimate of market value in the appraisal report on the race, color, religion, sex, handicap, familial status, or national origin of either the prospective owners or occupants of the subject property or of the present owners or occupants of the properties in the vicinity of the subject property. 5. I have no present or contemplated future interest in the subject property, and neither my current or future employment nor my compensation for performing this appraisal is contingent on the appraised value of the property. 6, I was not required to report a predetermined value or direction in value that favors the cause of the client or any related party. the amount of the value estimate, the attainment of a specifiC result, or the occurrence of a subsequent event in order to receive my compensation andlor employment for performing the appraisal. I did not base the appraisai report on a requested minimum valuation, a specific valuation, or the need to approve a specific mortgage loan. 7. I performed this appraisal in conformity with the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place as of the effective date of this appraisal, with the exception of the departure provision of those Standards, which does not apply. I acknowledge that an estimate of a reasonable time for exposure in the open market is a conditinn in the definition of market value and the estimate I developed is consistent with the marketing time noted in the neighborhood section of this report unless I have otherwise stated in the reconciliation section. 8, I have personally inspecled the interior and exterior areas of the subject property and the exterior of ali properties listed as comparables in the appraisal report. I further certify that I have noted any apparent or known adverse conditions in the subject improvements, on the subject site, or on any site within the immediate vicinity of the subject property of which I am aware and have made adjustments for these adverse cnnditions in my analysis of the properly value to the extent that I had market evidence to support them, I have also commented about the effect of the adverse conditions on the marketability of the subject property, g, I personally prepared all conclusions and opinions aboul the real estate that were set forth in the appraisal report. If I relied on significant professional assistance from any individual or individuals in the performance of the appraisal or the preparation of the appraisal report. I have named such individual( s) and disclosed the speCific tasks performed by them in the reconciiiation section of this appraisal report. I certify that any individual so named is qualified to perform the tasks. I have not authorized anyone to make a change to any item in the report; therefore. if an unauthorized change is made to the appraisal report, I will take no responsibility for it. SUPERVISORY APPRAISER'S CERTIFICATION: If a supervisory appraiser signed the appraisal report, he or she certifies and agrees that: I directly supervise the appraiser who prepared the appraisal report, have reviewed the appraisal report, agree with the statements and conclusions of the appraiser, agree to be bound by the appraiser's certifications numbered 4 through 7 above, and am laking full responsibility for the appraisal and the appraisal report ADDRESS OF PROPERTY APPRAISED: 1270 Newville Road, Carlisle, PA 17013-9486 APPRAISER: SUPERVISORY APPRAISER (only if required) Signature: S\~~G .~.IIL'~~ Signature: ~_ '--{.f;'L_ r-/ Name: Stan A. Skowronek Name: Steven W. Barrett, SRPA, SRA Date Signed: 0711112005 Date Signed: 0711112005 State CertifICation #: RL-001572-L State Certification #: GA-000298-L or State License #: or State License #: RB-026921-A State: P A State; P A Expiration Date of Certification or License: June 30. 2007 Expiration Date of Certification or License: June 30, 2007 o Did \Xl Did Not Inspect Property Certified Residential Certified General Appraiser -- Freddie Mac Form 439 6-93 Page 2 of 2 Fannie Mae Form 100466-93 LEGG .MASON Legg Mason Wood Walker, Incorporated 419 Stonehedge Drive. Suite /, Carlisle. fA /7013.9128 777.258.4363 AI~'l(1b"!r i'.,jFi'i 'Iork Stock Exchange, Illc/Membl:H SiPC . June 30, 2005 Roger B. Irwin Irwin & McKnight West Pomfret Professional Building 60 West Pomfret Street Carlisle, P A 17013 RE: Ester M. Welsh Dear Roger, Below I have listed the information you requested. I also included an estate valuation. Please let me know if there are any qnestions. 1. The title of her account was: Ester Welsh 2. The account was estab lished on 6/11/0 I 3. There were no other accounts here and no change of registration on this account. 4. Accrued interest as of date of death was $175.67 5. Date of death valuation - see enclosed ~jJ~ avid K. Metz ~~ :: "'~ ~ .". ~~ ~ ~'::::... ~ ?; .." :::. ~~ ;jQ a ~2. ~ -, " ~ - '" - ~ - " " ~ 0- - ~ "it" '" ~ " ~ ~ " 'T\ '" ~ " =. -. " '" ::> ~O'" " " ~ ~ - -l;" O. ~"" ~oq ~ ~ t"""~ ~ '" " i\%t; tt1~ 0:;" <: "'ti", ~~ ,... r--< ~ " (fl (to....~ " " ~ (to ;; ~ "0.. OQ :!'>;; o B ~ " " 9 OQ ~c2,.,t'ti " - ~~ ~ ~~"Z" e:. -tt1< ;,." ~ '" ';to.. Rc",~ 0..' ~ ~ 0 (1 ~ t'" ~. ~ ...... ;:1 Vl " " ~~ o~d ";"t ? ~ '" ~. ~ '" o _. "" o n '" ~~~ ;:;: >:l...(to \! ~. ~c2,., ;:1 ~ lO"'l e... ....-0 ~ -, '" " Cl ~ ~~z. a - <r ~ '" 1> -. ~ 'Q> p. :-< ~ ~ " - ~ ;:1 S" ~ n ''- ~ $:I. 1> ~ t>l ~ . ~ (") '" 0.. '" s;:o " ::;.. ;;. ,... " ~ 0.. '" ('> '" . "- '" >>d =. ?> '" ~ ~ " it :;,- -. " ~ o' '" '" .:::;:, i%' ~ '" " <'! " '" ." '" ~ ~ " " 0.. ~- w , ",O' 0 , >':< ,,,>' Q , " '" ,,,,,,, Q ,>,O' ,,..- ,0 ,'" , , , , , , ()(..>:J:>G1 ,0 c.' ()t'J , '" Ul~()Z: ,u> r-lolf'[>1t'l ,n ~ ...!~; ," , H ->,'" , '" ""HZ , .., --lU'(>z, , H 0_1:"10 ,0 >0 .., ,z !:'}U'oo , '" 0" , >P "U> , '" '" , >P , . , , , , , '" , 0'" , , >," H , ..,H ~ , ",,, "0 , '" , U' . , , , . , , , ill '>,0: ill 'w'" ill ~7"g > ' - H , , ",'" . , g~~~ , , ~t<1~g , , 0'" , ~..qn$ , ill ~~b c)~~~ ill '0'" ~~lJl'Z ill " - ~~ ~ S ~ H , .."'0'6 , .. '" , HO , ubt>4~ , , ~M;;~ , t<I~m'x , , ......s~~ , \;~ -..l. ;;>' ~ ill ;;, ill 'H>' N~'J'IZ ill 'nZ Ot"">--1(':t .. \'" o (/l\-'l. '" , U'%g . , , , . , , '" , N , "O' ~ \?-~ ill 'dO <P ,,,,,, N . H , .., "" , "' 0 , , , , '" , , H '0>' ~ 'HI" U' ' "" .........o;:d '" 'He ~ ,,,,,, \1'10 , , rl;1M&TBank 499 Mitchell Road, Millsboro. DE 19966 Mail Code DE-MB3~ ~ :/,: ~ ll'i':j amI Phone (888) 502-4349 ~. '.i~ J 1.W Fax (302) 934-2955 July 05, 2005 Law Offices ,...\..d 0 9 ')nf1J.; - . !....v",v Irwin & McKnight West Pomfret Professional Buildin(R ,:;,' .'" v"~'-IT 60 West Pomfret Street t'.'o/ ': ""-: :"t \..1_:, _ Carlisle, Pennsylvania 17013-3222 Re: Estate or- Esther M Welsh Social Security: 174-05-3931 Date of Death: June 17. 2005 Dear Sir or Madam: Per your inquiry dated June 27, 2005, please be advised that at the time of death, the above-named decedent had on deposit with this bank the following: 1. Type of Account Checking Account Account Number 89646002 Ownership (Names oj) Esther M Welsh · Leslie C Hurley. POA Opening Date 08/28/73 Balance on Date of Death $15.058.70 Accrued Interest $ 0,30 Total -iT5:1.15'9:Or'l" -.-.'.---..----.--..-- Interest Paid YTD . .$T677A~_;,rn~dim~;~st-;sMli~_;,I~ded)---..,. . Please be advised, there was no safe deposit box found for the above decedent. .. For further account information, regarding ownership, closures and/or reimbursement of funds, etc., please call the Carlisle West OfrlCe# 717-240-6717, Sincerely, //-' ?ra-n<~""L-/ J Z; - c' -_...'-"(...';....'-.i.......!'J..:~ / /" Nancy Clagett ' Records Management .J J{J7) J 9'2 "'L (. JI,.............. b-e1 JW3 . e b~--o ~ I:,SO.~ . "'-\. / JJJ...I &t f h]:.eJ.. C ~J.fJ~/.. .J~"""'" ,i ./ .~~ F~ f~..,.,.(,,,,\ ::l.D- 't .s'l) lj /'foY f f~ fJ-.lllh~. - v fiJ~v-J -13 'T- (c~ ~ ~ ">fli }...., .3(,fi) , J 4 s:J::J ~ ti,(V;;l. ~~ 5ilv......... d 0_'1;.......... (pcu "-r-> 7a :/ 5"2,1:> r~'~.5f.!J Sj'[)v;>v-r........ . )37 37 . r J (;(.3't:- f~ ~M~ U "';;0, tu-e. '---.. ,&.3 ~ J . (1lv~"">) Y ;:..." i3 j -;;,..,.1-;' ~-~ ~G-c ,S'c . J , r31.,.,,, e;/ pvv5-e. ~ ~~ tl ~lt (qlf.. ~,v~f.......v~ r,).c;.......IC.. I/" ""::- ,.. .- S7 I "J7!- ~ I r). It.-<.. t4 .,,~ . .- !>/ 1';5'- <1_ I q "'I" 1-:J-)"'- 91...-.... d ~ ;1. ~ €...(. .10 1~!l';).,.... ~ .' 23- u,., 7.....Cfr '7e~ j"1~ .J 3~ ~i I...A:. ~v::.. -r-<--,~ l'1d}~ ('13J ~ Irn "' ...3 26 , h""'c'~r,,. '3(.-6 -j ..li ",,}'~'l ;,,;1.1 ~ . . ':5 I \)J--<.- . I~ <' I. ~t C ~...,.\-;.<h~.. j ). ~ J..fI.-e.. qel h. v:> 1, j :J~, .B b-.~-\~ ~ 3 :;: / J 35 Q ....~--r..by? 1'b '" ~/Jt..____ ~ I 'f"1~sn 2;, ''ic~" B~'~ 132- " '< v 11"3 !) ~/ ~. (3/'-<-H ~ I ?-,P '5 ~ Jr> jv CI .- . -'"0 u. . '7 '-'d~"'~/ '7 'J _f ,,/ 1\ ,....~).--I' 13::;, t.,~ b.............. 'j F ~ :,il (. Y . !h (' o-..t ~ 90 V I - ; 1-1 t-' l.;~,,-,\ ~ '- ,j 2- f3'"2/5 5--r:;..,~ Q,-,~r:.. t:>;ac:...: y...{. ~D ~ Ii ~ fi ev-......... X rJ\ o..u- di~ _I t..'Y ..... - 'I.. ~ c.;; ,/' I ~ /., / ,:-.7":'7:'- 7/, P",~-L U~<-P4-/C --~:";' ~ ./1,.) /' _____ /'"? ///: './,., ~~7 ^',~ ,>-'_' --, - /' /<:.-- ./ ......?~~ / ._~ <~- -~-_...-,..-' - Y r; ,'.......' ',-",' 0' r <L.').~...~~-...';" j//"':'r//,-,..__ , /" ~/'~ )><;- ~.- /',^ _/./ .,' ..' ~ 7', . L.-/ee-...~2,d2.-4:.~ .:<!./," P'_f::::::'~2...i.J""C:::d'-~ ~2:.-c'~::'-U:;~$'2.,--'-a::::-:::;~"- C.d-t~ ,Jt.;.;.";;:' . ,') --" - /"./ " /' /' ,., / ~ ',_.- ;:~-' ,/. .-~.. - .-... ":'., I J -' A,.....- <:;""'""'i~.-....:'>" _'.. ..J.J\oi':... .,. -I ,'.";> _' .~. >..,..._ "'./ I .,<:,_;:._./.:.0...- - - / ~~c....r~...).~.-y A .-.~:..:;~~- ,,",- 'o-..'-c.-...........1 '--.-T_"'" ,. I"'~--"--'-',..- -C_- .~ { ..-. - - - -~~ :;-' -- .( ( .,.- .b~1 ~ /I- ,"'-:;<,-:;:::""' .-.-;7 " - --/-.._~-_... -,.. -- ./.' r,', --'-" . .' '" '. ~ /'IF'L,r _-' ~~-~4~";'>-,':.~:'- G<::-':"-'": ___'1-J~ '" ' -:.Z> 'd b- ...... / / /., . .' - , / /.. ,...- .~r;).-"- ;-' <~/ ;..;-<- ,/.4~:; - --~, ,,-o..'/r."-':~>-:~:/:> //0 ~<.../ _'__" . . /, ,/" C /; -r ,"./,' ",,::'". ,,/., I //:.-t!d--C--'/,:::'~d~~/ rtr?~ fr' /#f-~~;K~?~/Z4-~/6:1 ~~v1ot:1 (Z")" /? k ;..J~<?---e-_:;,-:;,,'''?? ' c- ,/~'-,,-r'~.._.. ._-",,/,/""./ F _- I ." C"'-C"~~'~_~~<-- ~~~~-",,.. -;!,_ c:-:;,(,~<<,..";:~-f':"'''''~/ '"'~~~-f,'.:";/~'- -yO . " , ~ / , ~ ~ ,'-~ ~ -. ... .r .L: ~a?~~~/'k~..y,.1.. .~ .;<Jolaj ~...., .. ...-: ,/ ,o', -4... ./. ,- .r, f'.. . /' A . /c..~~~ ./';;>":7' ./;;' '~C""4t:..c.~ 'i'::1::J F W~4/.>;;/"~C? L-~~l;C I ;;:r- ( 1 /:.~...u;tL "'YcJ iO J"' ,.,:/ I ~.c:---Y-::;-:-.?-<7'_/",:--::!t]..>::> -' - I' i c7; /; ,,{',./ . ,~/,./ 7"". i'>": f.-/.-LC-xcc2 J.-./ /~4;."'" U/,;;~:,~"_,-4~:.a-~.!.C.' ;5C7-jiC/ /', ./:/ ! /.-. -/ -' ....,..:--- . I -f-... ~, 'CJ,. "0' ,- / / "71 V ./ ~' u"- ;_, -<,I'"" /0-----. .. (' ,:'> _/-' I "".,"~ ;; ,4" ~ ",,--r~, _ ',// >!"......",~-.-. '"-----v.'-y.--f~,L_ "'-.J ) <..4!!..../ ...., -'1' .--:(/"/./ __. r. ~. ,r'::"-:. ;:::?,...-, __..-: ~,;;~;; ./ /", :.~. ~-~~'r~";:-::~_____-~"_'--<::- ~:.o::'~"_";"';';_ ,..",./r--.:....--',,'---,.....' -~ d;;:'-:f''--' -J{>:/-' -' -- ;- ~-_>, ~~-,,:~/~ /~..~ ~ ~f~ ,,;" -r..~ ~ I .//;'~~:-O'YX.. />""'~-~-'L..""//."7 ~ ",~/~,?"k:{;/.,,,vi:?>:</.L->c::;" A '"lce; //.,,;;~__ _, /C-- ~"- ~....f<.. _-'--"_____ .,""_ ,Y/ .-, ,#' '-.../.:;.,/ h /. ~/ ...-"/. _.-~,' " ~?'- V d,;.'.2.; C/ ;:-Y'-:"/C/;;:;c- 7~,,:1//k-" 0---7 ...-"'--,,<q ~"'c:::.z..- .;;; 0 I=- /'/, i/,' - f-_~ , --;L -:':~.Jk.. -,/"", """~ ../" /0 Ie::;> , -".-"... I c7 - /.Z~~2?~/,.?~~~"-dl'-~~'/ C~d.?::'~' :--~:.;207~->e... -3G I'~' /~.. - - . - (y / d,f'/' ""'-,./,.L '. ,,', .,.:.' ! ~.......x~~<-/_,~t... .?~~~;a,;cY ~,?~,,/ ~7'":a/ L ...,,, j , . /, ( i' ....!-_/ A ~P~fi..:..-~ -'?i'j -$-.... ~/ 7 s:- L/0 lV / / -- ""-- - - //' .,r------- /' i ~~ ~.- l r~e~4P.-c/r . ;Z.fl ~ ...: /.7 / < I ~. (~,o'A ..~,', .y:::;;'~' ,f~,../P, " ""'~_..,,"';.)_' / ./.J .__.1 -'.-. . ,/. .;._--- ~_ ~., ~Oj_ __7'.~??_ . /' ....-1 / /' -___-: ...----' . ___; . L/ -', ~ .... /,,- ' // 47. '"..;.0' ~ 7',z7 /::/2 '" f~-- ~,~~::::. ~-" .",,-;~ '....~ ./ & .. _.- ~,- ~~ ~ /'l /._:"-_.'!~-'.,~'.,-rl _,_....', ... _.. //'/.1' /./"..:"/ __.,' //,.., Z:.". .vo-~' ,~" /.:..,.v/~ ././,.' ,-,'-d'~~..i'.,~.", ?I" /' "'fit> 1"""''--.1'. ~......- .---___-<~... _;::"....' f r~ ~<---::'~-!:::._ / /1./ y-..?L/ i-'i:f~;;//~F(~'~;- - ~;"-'~ ,.~- ~;.~~ cPo ~- / ' :~~:~ -,72:/' . ;~ Gdc~?5-- ...;;1,,/ ;'X ;:- ,--::.- -' 7>~-'/~;<,,;'" ...-.;;::::;....,:"- /" _. ~. ,L.-'~7-.<' .~".~- ."~ r---">""'"'"/'"" ;co "",,", /I." --"" ' I.... >" /1 /.:), /~,,~_.. _.. ._ -c! of .. /~. """,II. /_. ..~~ ~. ..----'-:,..' '" _ J:. ____ :::.---......-.-'.,.;,. '..':- '""(../:--' -/'._.~ - ~-,_.'" -'. ~>.::::.~- C--;-'--./ _.-' A" /;L.':-'-:'-;:::'?;:;;./' .~ ~v ,,,'~ ;"--'--:'-~)':?....::-~~ ,-"~c....'- [7' A- . _........~ ( ...., ,:..../:. "'.,. I.. _' ) _.-.,.-, C--/~> ~~".,. /""', /-5 ~ ~?''-d",;..<~:/_--::::::-::-,,-:,1- .- L1,~:~-~'_.,_~ ;d":....i.'Fd'.. ~:.,-./ 0-/ ,/".:", _ ~ r ~~_..~..a.~--? ___~~:~;;...f7 C.p:.'-:::'~~/~-<: '-;~ ,- /'J -:'~, ,'" _,dL~'f'~~;'-~~ r.:_-~~~-' /" ~>~L.",,~ "~~'~-"<. - ;'5.,--" -c-'-t:~_. <;.- <, /',:,'--~ _"':'C:t/>-<,-~,,--- '.. /:. "'. J. I / /./ (/L~'~ ~',I ..tt '4- - ~/.'" " 4--. ,.. '" ~ ;!C! '.', /. ",. - / " . " c. _. ,_M ._,....- _. , ..' . ' /_ ,; _. ""~' ~ ,__ , ./', / ---= --- .... L-_C-..6"Z'_~ / 1.<7~?:?''''->:''''':'----t.-~-c~- .>" ~ .;..., i: "rO', _' _,;.-~,j_ /~) , / '.. "---------------- G,..- .-- ~ .~. c-"- .- _ --' r /../ v~ // k"~~.,...>~-~ _/1h'-,~:ff'::,< ~,< '- ;0 Cl:':7 P - ~ / /~" ___/2~~;~ ~ o~ ::::~,~r~-";""'-'~~d.~.,#"~_:;;C,, /--,,"'? ..2:/ ,,{,'CiZc,::'?..e ~,~::_/~~... .. / /' .z/ - /<'~ ~/<' ,'-;', .. --?""< - -,.?' . ,/ / ~.J_ ~.>- . _.~ / / >_&~ --:!/..~..,,~~~-;-- , -'. '-'-7' .... '<f"" ..' ~. - ~-~, , " '.", . .~ j -l'-""-' .~ -'.;....~ ' -., ~-- ..~.-. v ~.:::z-~~_ -"~ <-- ~'. / <L .,.;~~ '>o/.? ....-.' // .0 ~:.c-- < .............-~~~_'..._ -,.=-~ _ ~ _-.::/ --:r;~'" ~._ /'" J ~c-;,;r-- ,~ __ ..-~... :3 ,.-<~~./. ~ /~.?______~~:;.h-'::_-'_~C~-'" ""'._,! ~ ~ /.,r - /. -- .'" ../"~: . ,,-' -~-;: -~ -..' . ~ d, '/ <_..d '/ _ __""'_ __ , ., ~ :> ~ '::::-;'"'Z/~I'~~:;..ry- --::-":'--~__.:'_;,:.__c<,_ .,...c.,~ V< "C.,../' ,~ /~--/-;/ /h--::.:"~::::-~--::--: c:2.O cz:::; c':/ . ~/ . /J? .to c4-2'k'V'l- !<-4.4z...l, o. * -' ~/~ S? ~ _ u~;F h' ~ '- 0.* as appraisal CO.umf>~:;I ~ :::;\di)~(. o ~.~ .~~'t.~\1001 .. I .:L._ 2,321'00+ ./ .&<~~ ~.""<QL~Z I 5'- 1'768'00+ / ~ s~'(-.\'f< ~,;.; "'-!:,3- .ZZL-l, 533'00+ 'OO\V~ - ~o, . = I 5,622. * I ~ I /' ---.!-J u~~~::-:l _q-F<'::_: .-. ,--~.?/!.. --r1 " -------- /' -~ -I.r;:. , (('?'/'J/~ ) .:::::-,:...JJ_~' 36~l?~/ ~:'.:::z. ~ ad d<.5 ----- / , Y 7A:~;:!:~....d-'-;':-'<'~'~ ~~-t-~t.;;:-# }/aa.Z. ~-./ <0 , /!-. / /~~r,i~ ,/./IJ_?~_/-. / d::7 -~ .:~" --'---. ~ -- . '.. PV ~ /' /" -~ ~,/ . _/.- ~,L/' _:-:<' ~,.w-4' e:~// ?-""-"""::.c':- 2...-?-oiiY c'7---~"b ~-dr" yc7 ./ ..- ,,~- ~. /-..- 7" ,c> ~2-.,c-"" /, , . ~~----~-~ ~< J d7 ' ,.." __c~ /~ :A ~/ C2.~--??<"/ /c/~~M2 ...y-o ,d //~,~; . ,/ /~ ,,' --,,', ...-:'/ i/ --,:/~ ~ /' /;.. "/7/ 'R /t /../ '. -.;o"'~.-;:J-!..~7"'.4~,~~-d_4:,:,'~-':: t:,//"" .~ l/ft,e0...a~/~f;eo"",,,,~,j' ~ ~ / ,-0:7 ,~'. I I '- 'J I ~ ~ L "/ 7:"'- , ~ ' _ ,.......P~L..:d/~~ . do cd <"/"-,'2e.---dzc.9'/' /"'-0" .. ~/ -. ~ .,.. ../.<' ".-.' ".. ,..~. .. .:7", /?~4J_^J.,- _ -?"7;:-G ,<.-". , ,......:.... 7~ d:.J .<. ~>'./. ...<,?:-~,~ ...c:::t:-'2~.._~-. C!..4.~,~--",.._-e,,_. .-"~.,.;::::t;;.-';;'''/:- - ",'-- .)/ ,,' I ~.~;?":f-2"'::_ /l^---f:;;':'.., .-2Jto ,.0--. .....1 ~~ ", /'<~"c) /_/2, /.;;~~::-~.::".",.<:: /J>t: ----, /)~.//' /':"-'j',~~'-... " .. ,/7 . //- + /..7'~C: <?-;;U''7'">~~<fO<?/ l..-&+:::~ 7-/'J fz:7 /' / ' i -y~,~ -<~,/"' /t_" ' /i ~~/,,~~ ..20 I b /' / - '--&--~~ ,--- '- .~_.'-- ,. /> < ,-" ./, i ~. ,4-;',' 'l,.j C-~ / ",,-2.1 <ZJ - -. -~~' ~- "c::-' ~~,----. '-- -;._ ..; .- ,.' ~ -;> .-'":1 ,~./"r', I -~:::~__:; ff "'-;:~, --;ri-- I ,....l- /:-:::'~,~'" V"'.-....., .~. ,~" ~L,~.>~7~~~.~ ~I;Z;> ~~;:;,- -//-f>--/ p~:!-->.~e /oD1.2/ r _.._4 , I ,1 /; / ~H"'-,*/ /' i . ~ /~.+- i /) ."-,,! ~,/--- 7'?Jr' L- ~~'Ye. ~A:: r. ~/ 1 ;f ~.,.., f~.- ,...r' ./' _, /Y7 b, /':: - ~~...?, ~ / ",...."../ yV ~ '" ...e-- r:::::..:::;,. L....___,.._.J ._~o..-__'_..'~ , '-t / ..-1;...--,;..- ,;,,',,{---.:-" --::'-'~//4'- .; '--'~ '--" I '~~'//'// 7'"':'"1 ~. ~..i ..d-&-~~/ ~~ I ~_:~~ _ .-?>>;~~: j~ _~;::1 ~/? 1 .:>&;'''''': ~, ;:-(, - _,,__'~..c__ C!-..... dd [ ;;>CJI~/ """ : ---,/ .. / .' i , ':;0" "., " /.0 u,.:;y~ _~~"'?;7/.' , i -1 _.-5:> ,J'. _. I --:-r~ , /,(/1 /:' ~'l:,:"~-::L..,-;:"::""""'... I "7/: /7 ?----::--- $;'~~'-:" "~~"-''':<~ ~!d'/ ?;';; -7 .-, "'7<"C/i4!7 "-.-.>. '-./ __~->"..o . .. . _' --,",---' I _ .L., ~; / ~l--";"-::';"'/ ~, , . . L~~A .2 ",07 , ''/, ",,~-d ..... -t!a.- I