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HomeMy WebLinkAbout05-15-06RE~.,~~.«, - , REV-1500 ~~~~~,~~..~.~~~~~~~. . ~: COMMONWEALTH OF PENNSYIVANIA INHERITANCE TAX RETURN _ _ _ ~F~~EN~MBER - ~ °EPARTME~~R~~"~~ RESIDENT DECEDENT ' 21 06 00164 _ _N,4ReiSB11RG.P~zi2&~t__._... --- ------- - -- -------_------_----- ----------------- -- ----.-. ~-----------_.-~._--- __.----- ---- --- -- --COUNlYCODE YEAR-----.~___NUMBER_..---___ ---,----------- ____------~----- _------------___ _ _ - - ..--- ------ -------_._._--- DECEDENTS NAME (LAST, FIRST, AND MIDDLE INITIAL} ~ SOCIAL SECURITY NUMBER Barrick, Wayne W. 192-32-1709 ~ Z w _ _- ------ - -- ---_ _ _ _--- DATE OF DEATH (MM-DD-YEAR) _ -- ---- -- - ----------- -- - --- - ---- ------ --- - DATE OF BIRTH (MM-DD-YEAR) -----~ -- ---- -- -- ---- - --- --- _ _ _ _ . _ _ - - -- THIS RETURN MUST BE FlLED IN DUPLICATE WITH THE ~ n W 02/02/2006 07/ 12J 1941 , REGISTER OF WILLS ~ -- -- - - -- - --- - - _ _ ___. - (iF APPLICABLE) SURViVING SPOUSE'S NAME ( --- -- - ---- ---- - -- _ _ _ _ - - -- --. --------- . _ ---- ---__-- -- -- _ --- LAST, FIRST AND MlDDLE INITIAL) _ _ ___ __ _ - ._- -- - -__ _ ----------- -- - --- --. ' SOCIAL SECURITY NUMBER _ . __ . _ _ _ .. -_ _..--- ---- - - - -._...__ 1. Ori ~~ai Retum ~ g' _ - - ------------- - ----- ~ -- -- ~ ---- - ~ 2. Su lemental Retum - - -=------- -------- -_ _---- ------ - -_ _ 3 Remainder Retum (date of death prior to 12-13-82) w a ~n ~ 4. Limited Estate ~ 4a. Future Interest Compromise (date of death after ~ 5. Federaf Estate Tax Return Required ~~~ ~ 6. Decedent Died Testate (Attach copy 12-12-82) ~ 7. Decedent Maintained a Living Trust(Attach ~ 8. Total Number of Safe Deposit Boxes Q 00 of Wiif) ~ 9. Litigation Proceeds Received copy of Trust) ~ 10. SpouSai POVerty Credit (date of death between ~ 11.Election to tax under Sec. 9113(A) (Attacr, Sch o> . . . . - . .. ,.r -: _ y ~.~q- D "9"° . +? : .;).. t S~ ) .. .` ~F, fS ~~' . '~;~T. ~T~^4j v' i"~ 3'R. 54~.~'Y'3' 'C~.e~~~,: i~Ac 4'9' f, :. £' rt~,.: l "'F.f". : >,. ~~ ~ ~~~~ y'N, ' : "'}..~, ~ . Y J : .;s ' ~ a ~1 f 1 <. > .. , ',+5~+ ; : ;: . ; ., /~ ~+ ~+ j F~i t3 i~ L~-- ~'.3 ( 3 ~'k ~~. : 1 <i ~} ~~. ~ ~ ... . . .. .~ ~ ,. ..::... ;.:;.. , . ~.~ 1~~ ~ ~~~~~ Tr~i~'rr..,t,~!~.~~ ~x..; a < ~T#i!S SE 4 C~S ~L PL '• ° t ...~,.....~.......~.w.~.~.~.. NAME ~ ~ ~ ~ ! COMPLETE MA{LING ADDRESS N z Dale F Shughart, Jr. Esquire ~ o O . - __ - _ _ - _ _--- _.___----- FIRM NAME (lf appliCable) - - -- -----------__ _ --- ---- _ _ _---- --- - - - ~ 10 West High Street " a - _- - -. _. .------------- ---- ---- --- __ - --------- --------~ Carlisle PA 17013 TELEPHONE NUMBER , ~ 717/241-4311 ~ 1. Real Estate (Schedule A) (1) 93,000.00 2. Stocks and Bonds {Schedule B) (2} 4,110.15 3. Ctosely Held Corporation, Partnership or Sole-Proprietorship (3) None 4. Mortgages & Notes Receivable (Schedule D) (4) None 5. Cash, Bank Deposits & Miscellaneous Personal Property (5) 17,417.43 (Schedule E) ---- _ --- __._ __ _. __---_ _ . 6. Jointly Owned Property (Schedule F) (6) None z ^ Separate Billing Requested 0 -- ---- -------- - - -- -- --- g 7. lnter-Vivos Transfers & Miscellaneous Non-Probate Properly (~) None ~ (Schedufe G or L) Q 8. Total Gross Assets (total Lines 1•7) ~8) 1 14, 5 2 7. S 8 ~ -- ____ __ _.-- _ ._ -- __ _ _ _ _ ___ . a 9. Funeral Expenses & Administrative Costs (Schedule H} (9) 24,299.59 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule {) (10) 860.05 11. Total Deductions (total Lines 9& 10) ~11) 25,159.64 12. Net Value of Estate (Line 8 minus Line 11) 13. Charitable and Governmental Bequests/Sec 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) SEE INSTRUCTIONS ON REVERSE StDE FOR APPLICABLE RATES 89,367.94 Amount of Line 14 taxable at the spousal tax rate, 15 X.00 ~15~ . or transfers under Sec. 9116(a)(1.2) ---------- ------------ ------ - . - _ _ _ _._- - - ° 16. Amount of Line 14 taxable at lineal rate g 9, 3 67_ 94 x.045 4, 021. 5 6 (16~ F a ___ ____, __ _ _ _ _ _ ._ _ _____ _. ~ ~ 17. Amount of Line 14 taxable at sibling rate x,12 (17) o U - -- - --- - - --------._ . _-- - ~ 18. Amount of Line 14 taxable at collateral ~ate X.15 ti $) ~ s. Tax Due t19~ 4, 021. 5 6 20. ^ • • .- - ~ ~ - ~ • . • -•. ~. .. ..- :: ... :~. ' :. :. -.: .., -~rb i b ` ff )''.+'{. l ~ } 1.., : E }. ~:2.F'~. ~ ~~ '. {,~: ~ .. :~~: k,..,~..,i. 9}..' .'.;;~, ~~;...;:~ ~..:..'1"~. :~~~~ :.., ' ~.:`. ..:s.: ~.... ....~v ... ................~. ....~ ......<..-e.,.v... .. .. ~,..~.nw.. :. ~ ~~L~ ~ X . :P.`.;- .. ~X. ~' _k.. ~ ~ ~~ .< s°.)c t . d y h`> t .,. -t v f .s3 r.$. ..1:: a ..~f. 3 Copyiright 2000 form software only The Lackner Group, lnc. Form REV-1500 EX (Rev. 6-00) (~ 2) (~3~ (14) 89,367.94 ~ ~ Decedent's Complete Address: STREET ADDRESS 1056 Alexander Spring Road -- - _ _ - ----- ----- - - . _ _ _ _ _ __. __ _ -- -- -.~-~------ _____.- ------ -- ------- --- - ------- - - - -- ------_ ~ _ _ _ C(TY Carlisle ! STATE PA ` Zip 17013 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) ~~ 4,021.56 1 _ _---- -- _ _ ... . 2. Credits/Payments A. Spousal Poverty Credit ,---__-_ --__-.__.___.__._ B. Prior Payments 3, 7 0 5. 0 0 C. Discaunt _--_-_-__-__-19~5.00 Total Credits (A + B+ C) (2) ___ ___ _ 3, 9 0 0. 0 0 3. Interest/Penalty if applicable D. Interest E. Penalty __ _---- - ---------------- 0 . 00 Total InteresUPenalty (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 Line 1+ Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. ~5~ __`___ ___ 121. 5 6 A. Enter the interest on the tax due. (5A) ______ _______ _._._ _ g, Enter the total of Line 5+ 5A. This is the SALANCE DUE. (5B) 121. 5 fi Make Check Payable to: REG/STER OF WILLS, AGENT b .. .. ~ r y . . : . _ ~ . .. .. _... :r<..a-.:,~'_. ~.'~. . ,..<. :,.> „ ........... .. ~ ......,.:., > :. PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRlATE BLOCKS 1. Did 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 of death without ^ ~ receiving adequate consideration? ....................................................................................................................... 3. Did decedent own an "in trust fo~' or payable upon death bank account or security at his or her death?......... ^ ~ 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which ~ ~ contains a beneficiary designation? ...................................................................................................................... IF THE ANSWER TO ANY OF THE ABOVE GIUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. - -- -_ -----------.__------- - -- --------- --_.__--------------------------------------- __------ - ------- -- - --_ Under penatties of perjury, I declare that 1 have examined this retum, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, coRect and comp4ete. Declaration of re arer other t the personal repre ntative is based on all inforrnation of which preparer has any knowledge._J ___ p p_ __ - -- -- -.~--.._ _ ------------ ----- ------ ---_~.--- -- ----- .------- --_ _ ....-- _ SIGNATUR F P RSON RESPON 16LE FOR FILING RETURN ADDRESS DATE Dougla . B rick 1056 Alexander S~pring Road Carlisle, PA 170 r3 ~ f~`" ~~'' ~ _ --. - --- - -------- ---- ------ ---_ --__ ------- ------- - ------ _ ---- - -_ ---------------- -- - - - SIGNA F P ON RESPONSI FOR FI I G E URN ADDRESS DAT 3effrey B. Ba ick t 630 Greason Road - ~, - --- - -- - - - ------- - ---- ----- - ----Carlisle, PA _ 17013____.__----~------------------_----- ._ ~~~~~~ cJ SIG TU F P PARER OTH THA REPRESENTATIVE ADDRESS DATE e F Shughart~d'['. Es u' e ~ ~ ~~f` ~ 10 West High Street /f3 ~ ~/ `^ f~~ `~ r ` Carlisle, PA 17013 // ~ 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. §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°l0 [72 P.S. §9116 (a) (1.1) (ii)]. The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requ+rements for disclosure of assets and filing a tax return are still appticable even if the surviving spouse is the only beneficiary. For dates af death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child finrenty-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the chitd is 0°l0 [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 i .2) [72 P.S. §9116 (a) (1)l• The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12% [72 P.S. §9116 (a) (1.3)]. A sibling is defined, under Section 9102, as an individual who has at ieast one parent in common with the decedent, whether by blood or adoption. . . .. ,~ .~ COMMONWEALTH Of PENNSYLVANIA INHERITANCE TAX RETURN RESIOENT DECEDENT SCHEDULE A REAL ESTATE FILE NUMBER ESTATE OF Barrick, Wayne W. 21 - 06 - 00164 All reai 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 schedufe F. {TEM NUMBER 1 DESCRIPTION VALUE AT DATE OF DEATH . _ __ - - ------------__ _ _______ _ _._-_.__ _ ____. Lot and dwellling house at 1056 Alexander Spring Road, Carlisle (Dickinson Township), Cumberland 93,000.00 County, PA 17013. Deed reference: Book "L", Vol. 24, Page 893. Tax Parcel #08-09-0523-025. Value based upon attached appraisal of Susan B. Burkholder. _ TOTAL (Also enter on Line 1, Recapitulation) 93,000.00 . , SCHEDULE B : ., STOCKS & BONDS COMMONWEALTH OF PENNSYLVANIA INHERITANCETAX RETURN RESIOENT DECEDENT ESTATE OF FILE NUMBER Bai-~-ick, Wayne W. 21 - 06 - 00164 All property jointly-owned with right of survivorshlp must be disclosed on Schedule F. lTEM DESCRIPTION UNlT VALUE VALUE AT DATE OF NUMBER DEATH __ _ _ _ ._ _ _ _ _._.__ _ _.. . 1 60 shares MetLife common stock (Trust interests) @ 49.75 49.75 2,985.00 2 15 shares Pi-udential Financial common stock @ 75.01 75.01 1,125.15 TOTAL (Also enter on line 2, Recapitulation) 4,110.1_5 ~ ~ SCHEDULE E ~ . " ~ CASH, BANK DEPUSITS, & MISC. ~~ COMMONWEALTH OF PENNSYLVANIA PERSONAL PROPERTY INHEAITANCE TAX RETURN RESIDENT QECEDENT ESTATE OF FILE NUMBER Bai-rick, Wayne W. 21 - 06 - 00164 _ _ _ _ _ _ _. 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 discfosed on schedule F. ITEM ~ESCRIPTlON VALUE AT DATE OF NUMBER DEATH 1 2 3 4 5 6 ? $ 9 Clothing and personal effects Furniture, furnishings and other tangible personal property, valued in accordance with attached appraisal of Alyssa Loney. 2000 Chevrolet Silverado 15~0 pick up truck (long bed), valued in accordance with attached Kelley Blue Book private sale price. M& T Bank checking account #767042 Principal 3,837.08 Interest 0 M& T Bank Savings account #15004200910287 Principal 3,605.30 Interest .15 Prudential Financial, dividend check on hand MetLife, dividend check on hand Crete Carrier, refund PA Department of Revenue, property tax rebate 0.00 1,077.00 8,315.00 3,837.08 3,605.45 11.70 31.20 40.00 50~.00 TOTAL (Also enter on Line 5, Recapitulation) 17,417.43 9CHEDULE H ~ i • • Q , ~~ ~~ {~l ' COMMONWEALTH OF PENNSYlYAN1A ~~~~ Q~ ' INHERITANC~ TAX RETUFN RESIDENT DECEDENT ESTATE OF Barrick, Wayne W. ; FILE NUMBER 21-06-00164 Debts of decedent must be reported on Schedule I. ITEM DESCRIPTION ' AMOUNT NUMBER ~ _ _ _ --- - _ .- -- _- -- -- -- - - q, FUNERAL EXPENSES: ' 1 Ewing Brothers, funeral bill j 8,489.00 ~ ~ ; 2 Osiris Holding of PA, burial lot and headstone ~ 3,459.00 i I ~ i 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. A~torney's Fees Dale F. Shughart, Jr. (estimated) 3. Family Exemption: {1f decedent's address is not the same as claimanYs, attach explanation) ~ Claimant Douglas W. Barrick ~ 1056 Alexander S rui Road ~ Street Address P g Ci~y Carlisle State PA Zfp 17013 Relationship of Claimant to Decedent Son 4. Probate Fees Paid 75 (owe 200) ; 5. AccountanYs Fees ~ 6. Tax Retum Preparer's Fees (estimated) ~~ i ,I 7. Other Administrative Costs 1 Register of Wills, Short Certificates 2 Cumberland Law Journal, advertise Letters 6,500.00 3,540.00 275.00 500.00 20.00 75.00 ; Total of Continuation Schedule(s) : 1,481.59 _ __ -- ._ ___ _.__._--._- _ ___.._._.. ____ ..-------- ---_ _____---------__`____~----- TOTAL (Also enter on line 9, Recapitulation) ; 24,299.59 ~ , - Sched~ie H ; ~~OMMONWEALTH OF PENNSYLVANIA ~ ~~ ~ ; INHERITANCE TAX RETURN ~~~~ C~ ~'~['~~ I BESIDEIITDECEQEI~_T_--___----------------__-------------------.-________..__---------.--,-------- ' ESTATE OF B~ck, Wayne W. ~ FILE NUMBER 21 - 06 - 00164 - ----- -- _ --------_ _ _ - ------ - ----~------- ----_ __ _ _ _- - --- '_ ---- --- - - ---- - _ _ _---- _ -- -- - _. _ _ ._ _ __ _ -- . _. _ _ _ _ - -____- - - -,-_ 3 The Sentinel, advertise Letters I44.29 4 Postmaster, certified mail ~ 15.00 ~ 5 Diversified Appraisal, real estate appraisal ; 300.00 ~ 6 Alyssa Loney, personal property appraisal 180.00 ; 7 Carolyn McQuillen, county/twp real estate taxes ' 226.30 8 Bonnie L. Coyle, notary fees ' 25.00 9 Recorder of Deeds, recording Deed 38.50 10 Commonwealth of PA, transferring automobile title 22.50 11 Register of Wills, filing Inventory and Inheritance Tax Return. ; 30.00 12 Reserve for final account. ~ 500.00 ~ :;~ ~ ~ ~~~ C~MMONWEAL7H OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Barrick, Wayne W. SCHEDULEI DEBTS OF DECEDElVT, M~RTGAGE LIABILITIES, & LIENS Include unreimbursed medical expenses. ITEM NUMBER 1 2 3 4 F{LE NUMBER 21 -06-00164 DESCRIPTION Checks written before death, clearing after death: AARP Health Care, premium West Shore EMS, ambulance HCR-ManorCare, nursing home Carolyn McQuillen, personal ta~ces AMOUNT 117.15 103.00 630.00 9.90 _ TOTAL (Also enter on Line 10, Recapitulation) 860.05 REV-1513 EX+ (9-00) ~ ~ .. ~ fir • COMMONWEALTH OF PENNSYLVANIA INHERfTANCE TAX RETURN RESIDENT DECEDEIVT ESTATE OF Barrick, Wayne W. SCHEDULE J BENEFICIARIES _ .__. _ _ NUMBER NAME AND ADDRESS OF PERSON(Sj RECEIVING PROPERTY _. _ I TAXABLE DISTRIBUTIONS (include outright spousal distributions) . 1 Douglas W. Barrick 1056 Alexander Spring Road Carlisle, PA 17013 2 Jeffrey B. Banick 630 Greason Road Carlisle, PA 17013 FILE NUMBER 21 -06-00164 RELATIONSHIP TO AMOUNT OR SHARE DECEDENT OF ESTATE Do Not.List Trustee(s) San one-half Son one-half Enter doliar amounts for distributions shown above on lines 15 through 18, as appropriate, on Rev 1500 cover sheet jI. NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTtON 9113 FOR WHICH AN ELECTI4N TO TAX iS NOT BEING MADE B. CHARITAB~E AND GOVERNMENTAL DlSTRIBUTIONS TOTAL OF PART 11- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET _ _ _ APPRAISAL OF REAL PROPERTY LOCATED AT: 1056 Aiexander Spring Road Deed Book 24L Page 893 Carlisfe, PA 170i 3 FOR: Barrick Estate AS OF: February 2, 2006, Date of death BY: Susan B. Burkholder State Certified Residential Appraiser This indented use is to establish va{ue. Summary Format Complete Appraisal Form GA1- "TOTAL for Windows" appr~sal software by a la mode, inc. -1-800-AUIMODE Diversified Appraisal Services Uniform Residential Aaaraisai Re~ort Flle~ ~~94f1BR • - r The se of this s 'sa{ r fs to 'de the lenderidier~ with an accurate, and ade uate s ed, o'r~on vf the market value ot the sub ct o Pro Address 1Q56 Atexander S rin Road Ci Cariisle State PA Zi Code 17013 Barower n.a. Uwner at Pub6c Record Same Cou CumbeAand Le al Descri on Deed Book 24L Pe e 883 Assesso~s Parcd # 08-09-0523-Q25 TaxYear 2005-2006 R.E. Taxes S 1 432.25 Nei orhood Name n.a. M Reference 9-523 Census Tract 0127.98 ~ Occ airt Ovmer TenaM Vacant S dal Assessmer~s $ n.a. PUD HOA $ er ear r moMh ' Pro e Ri 'sed Fee Si le Leasehold Other describe ' Assi T Purc~ase Transaction Re~nan~;e TransacUoa ~ther desc~be Est~~ate ~afus for iraheritance tax u ses. Lender/Client Barrick Estate Address Is tl~e sub' r offered fa sale a has it been offered fa sale in the twelve momhs rio~ ~o the eftective date af this raisal? Yes No R rt data so~ce s used, offetin rice s, and date s. I^ did ^ did not ar~rze the conb~act fo~ sale for the sub~ect purchase transactlon. Expl~n the results of the anaysis ai Uie cordract fa sale ~ why the an~ysis was not etfotmed. Ca~tr~act Price ~ date of Contract Is the seller the owne~ oi uWic record? Yes No Daha Source s Is there any fina~dal assistance (loan ctra~ges, 5~i8 COfICBS510~1S, ~ft a downpaymeirt assistance, etc.) to be paid by any party ai behalf of the borrower? ^ Yes ^ Na : If Yes, r the tat~al doNat amount and desaibe the items to be d. Note: Race end the tsci~ com tlon a~ the ~e not sal facbrs. , . _ ; .:: ., , ,< .... _ ,, . `' ~ _ .:,. ~l+arpc~etistka~ .. : - ,., . :': . ~,'.` = On~UniCHa~isi Trends - ': . ; ; ` One-tJn(t Hoilsi ; ,Preaent~Land.Use 96';` ;i Locatlon ikb~ Suburban Rwa{ Pm Values 1na'easi St~le DecN PRICE AGE One-Unit 7Q % , Built- Over 7546 25-7596 lJnder 25% Demand/ Shorta in Balance Over S 000 2-4 Unit % ; Growth R d Stable Slow MaillcceB Time Und~ 3 m1hs 3-6 mths Over B mlhs 90 Low New Mu~f-Fami % Nei Boundaries The sub'ect nei hborhood is bordered b Ritner Hi hwa Bumt House Road 500 Hi 200 Commeraal 96 ; Walnut Bottom Road and Stonehause Road. 200 Pred. 100 Oiher 30 % , Nei borhood Desai on Rural area with stable ~wnecshi attems within reasonable commutin distance to schools sho In and trans ortat(on. Market Conditlons ludf for the above conclusions Marketin conditions are avera e with ro ertles seflin within three to six months. ConveMional and insured financin is readil available to ualified bu ers at reasonable rates and terms. Dimensions frre ular Area 1.1 acre Sh e Irre ular Yew Avera e S ci~c Zaii Classific~ian A ricultural Zau Oescri tlon Existin use is rmitted Zor~ Co liance Le al Le al Nonconfami Gr~dfathered Use No Zonf Ille describe Is the hi st and best use of sub ect m e as f roved or as osed er lans and ecifications the eser~ use? Yes Na If No, describe Utllttlea Public !Ql~er(d,es~xibe) Public 0lher (descclbe) 0~-siEe Im ementa - 7 Publ(c PclKaba Electric' Water Well Street Macadam ~ Gas San' Sewer On site All None FEMA S ect~ Flood Hazard Area Yes No FEMA Rood Zone C FEMA M# 421580 0001 B FEMA M Date 12-19-95 Are the utllities and off-site i ovements 'c~ for the market area? Yes No If No, describe Are there adverse site conditions w extem~ factors easemerrts, encroachmerrts, ernirarrier~tal conditions, land uses ete. ? Yes No If Yes, describe " . Ger~el =Descrl an" " ` . iiet ,.. Fotnt~etlon. > , _ .Ex~ertorDes~xi~ tlon nisbriela/condi~on: In~e~lor ~. ~ materials%ondidon: Units One One with Access Unit Concrete Slab Crawl ce Wtmdafion Walis Conc block/Fair Aoors Hdwd/Av # of Stmies 1 Fcdl Basemer~ Part{a( BasemeM Exterior W~Is BrtcklAv W~Is D aIVAv T Det Att S-Det/End Unit Baseme~ Area 1 120 .ft, Roaf Surface Shin Ies/Av Trim/fimsh Wood/Av E~dsti Pro sed Under Const Basement Rnish -0- % Gutters & Dawns outs aluminum/Av Baih floar Linoleum/Fair Desi n S e Ranch Outside /F~rit P Window T Dbl-hun Av Bath Wainscot D alUAv Year Buift 1968 Evldence of Ir~estatian Storm Sash/Insulated Insulated/Av Car None Effective rs 30 ears D ss Settlemer~ Saeens Screens/Av Drivew # of Ca~s 2 Attic None Heati FWA HWBB Radiant Amenities Woodstove s~ Drive StMace Macadarn St~r Stairs Other Fuel Oil Rr ace s# fer~ce Gara # oi C~s F1oor ScutUe Co~i Cen4~al Air Conditlon Patla~Qeck Pwch Conc C # of Cars FMshed Neated Individual Other Pool Other Att Det BuiR 4n iances Refri era~or R ven Dishwasher Dis osal Microwave WashedD er Othe~ descdbe Rnished area ebove e cor~tains: 5 Rooms 3 Bedrooms 1 Bath s 1 120 S u~e Ceet of Gross Uvl Area Above Grade ~ Additional features s i~ ener efficier~ items, etc. . Two stora e sheds wood stove small enclosed orch. Describe the condi~on of the ro ncludln needed re airs, deterioration, renovatlons, remodeli , etc. . There are cracks in the fountatn walls and several ~loor tfiles are missin . Are there sical deflciencies a adverse conditions that affect the liv~ir , soundness, or sfiuctural inte ' of the ? Yes No If Yes, describe Does the eneral conform to the nei hborhood f~ction~ util' , e, condi~on, use, cor~strucdon, etc. ? Yes No If No, describe =reddfe Mac Form 70 March 2005 Page 1 of 6 Fannie Mae Form 1004 March 2005 Wrm 1004 -"TOTAL fa Windows" appraisal soflware by a la mode, inc. -1-800-ALAMODE Uniform Residential Aparaisal ReQort Ate# 032906B There are 0 co e es cu~re offeted f~ sale in the sub ct r~ef rhood ran 'n fn ce fiom $ to $ There are 3 co e sa~es in the st~' nd wit~n the st twelve mait hs ran i in sale 'ce from ~ 95 000 to $ 131 540 FEATURE SUBJECT COMPARABLE SALE # i COMPARABLE SALE # 2 COMPARABLE SALE # 3 Address 1056 Alexander Spring Road Cari(sle PA 17013 2127 Newvilie Road Cariisle 108 A Street Plainfre{d 1119 Pine Road Carlisle Proxl t+o Sub 3.09 miles 2.83 miles 3.50 miles Sale Price S '; $ 97 900 ; ~ 95 000 ~ S 131 500 Sale Price/Gross Uv. Mea $ .tt. 3 87.57 .ft ` : S 101.50 s.ft. ~. ` S 93.13 s.ft, '" Data Source s ~ Courthouse Courthouse Courthouse Verification Source s MLS/Files MLS VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION +- S Ad ustmeM DESCRIPTION +- S Ad strnent DESCRIPTION +-~ Ad ustmer~ Sales or Fnancing Conces~ons None known Conventional None known Conventlonal None known Converrtional Date of S~e/lima 10-1U-05 1-11-06 5-20-05 Locatl~ Avera e Similar Similar Su erior -13 200 Leasehold/Fee Si e Fee Sim le Fee Sim le Fee Sim le Fee Sfm le Site 1.1 acre .80 acre +1 500 .24 acre +4 300 1.70 acres -3 000 Vew Avera e Simifar Simllar Similar Desi n e Ranch Ranch Ranch Ranch ~u~ of Construction Brick Vin sidin +5 000 Brick/Vin +3 000 BrickM +3 000 Actual A e 38 ars 11 ears -5 000 44 ears 53 ears Conditlon Avera e Su erior -i 5 000 Su erior -15 000 Su erior -15 000 Above Grade Tot~ 8drtns. Ba~hs Total B~rr~s. Baths Total Bdrtns. Ba~hs Totai Bdrtns. Baths Room Court 5 3 1 5 3 1.5 -1 000 5 3 1 5 3 1 Gross Uvin Area 1 120 s.ft 1 118 s.ft. 936 .tt +3 700 1 412 .ft -5 800 Basemerrt & Fnished Rooms Befow Grade Full basement None Crawtspace None +5,000 Futl basemerrt None 759~6 basement None +2,000 Func~onal Udl' Avera e Similar Similar Simi{ar ' Heati d) Fha Oil Fha Oil CA -2 000 Hot wtr Oil Hot wtr Oil ' F~tident I~ems None None None None G e/C None None None None PorchlPa~o/Dedc Sml enc nch Porch shed Porch atio Porch 2 sheds -500 ; Wd stv 2 shds Fire lace +1 U00 None +2 000 None +2 000 ~ Nat Ad' stmeM otal + - ~ 10 500 + - ~ 2 000 + - S 30 500 , Adjusted Sale Price of Co es Net 10.7 % Gross 36.3 96 $ 87 400 Net 2.1 96 Gross 29.5 96 $ 93 000 Net 23.2 96 Gross 33.8 96 S 101 000 I did did n~t research the sale or transfe~ his af the sub' t e and com arabie sales. if not, e!~n research did did not reveal 'a sales or hansfers ot the sub ct fa tfie tt~ee ears 'a to the effective date of this ~sal. Data Source s Assessment records M resea~ch did did not reveal or sales o~ transfers of the c arable s~es tor the ear c+a ta the date af safe of the com arabfe s~e. Data Souce s Assessment records R rt the results of the research and an sis of the a s~e a transfer histo of the sub'ect ro e and c ~fe sates re ort addition~ a sales on a e 3. ITEM SUBJECT COMPARABLE SALE #1 COMPARABLE SALE #2 COMPAHABLE SALE #3 Date of Prior Sale/Transfer 1-17-72 2-20-04 1-2-04 9-2-03 Price ot Prior Sale/Tr~s(er $1.00 1.00 $83 OOb 119 480 Data Source s Courthouse Courthouse Courthouse Courthouse Effeective Date of Dat~a So~xce s 3-06 3-06 3-06 3-06 M sis of 'a sale a transfer histo of the sub ect and c arable sales No sale have taken lace in the ast three a~s for the sub'ect ro e or the com arables in the ast ear. of Sales ar{son ch See addendum. A$2 000 ad'ustmeM was made for the total number of rooms a2 000 er bath and $1 000 tor half bathroom. The sub ect backs u to an irrterstate hi hw . Na ad ustment was made for sale 1 is located beside an Interstate and sale 2 is near a firehouse. Indicated Value Sales arison roach ~ 93 000 Indicabed Value : Sales Com aon S 93 000 Cost oech (ii devel ~ 89 756 Income A h(ii de~re{ S n.a. Cost and Sales Com arison a roaches have been considered and ana ed with the Sales Com arison a roach bein considered the most ~ accurate in arrivin at m final o inion of value. The Income a roach was not considered since this is an ovmer occu ied sin le famil dweHfn . The Cost roach was considered to be unreliable due to the sub ect's a e. ~ This appraisal is made ~"as is", ^ sub~ect to completion per plans and specifications on the basis of a hypothetlc~ con~ition that the imp~ovemerrts have been , completed, ^ subject to 1~e foilowing repairs a alterations on the basfs of a hypothe~c~ condition that the repair~ a alterations have been completed, o~ ^ subiectto 1he ~ foUawi 'red in cction based on the extraa~n assum 'on that the condrh~on a deficien does not re ire altteration or r'r. A raised in current condition. Based on a canplete visual inspectlon oi the inte~ior and e~cterior ere~a o1 tl~e sub[ect properly, deflned soope of w~tatement of assumptlons and Iimitlng conditlons, end eppraiser's cer~fica~on, my (our~ oplnion of the rnarket value, as defined, ot the rsel property Shat is sub~ect of thia report is $ 93 000 as of Februa 2 2006 which is the date of ins tlon and the effectlve da6e of this isal. =reddie Mac Form 70 March 2005 Page 2 of 6 Fannfe Mae Form 1004 March 2005 F~m 1004 -"TOTAL fa Windows" appraisal software by a la mode, inc. -1-800-ALAMODE Uniform Residential Appraisal Report Flle~ 0329068- See addendum. ~ ~;C05T,APPROACHTOV~LUE~(not ~ red. Fanriie'Mae) Pravide ade uate IMamaBon for the fendericiient to re licate ihe below cost fl es and c~culations. ta the nion of site value s~n of e land saies or oit~er methods for estimad site value Land value was obtained from assessment records. The Cost roach was considered to be unreliabfe since this is not new construction. ESTIMATED REPRODUCTION OR REPLACEMENT COST NEVY OPINION OF SITE VALUE ................................................................... =S 26 300 . Source ot cost data Marshal 8 Swtft ~ local corrtractors. DWELLING 1 120 S.Ft $ 68.85 ............. =S 77 112 ~ Qual' ratln from cost service Avera e Effeotive date of cost data 2005 1 120 S.Ft $ 15.D0 ............. =S 16 800 ~ Commer~s on Cost h livi area calculatlais, de eciatlon, etc. Porch sheds .. .......... =S 3 000 G e!C ort S .Ft $ ............. =S ~ Total Estimate df Cosi-New ............. _$ 96 912 Less P sical WncUonal Fxtemal De ciation 48 456 =5 48 456 De eciated Cost of I vemerits -----------------------------------------•-----••- =S 48 456 "As-is" V~ue of Site I rovemer~s ................. ............•-----............_.. =5 15 000 Estimated Remainin Econar~c Liie UD and VA 30 Years INDICATED VALUE 8Y COST APPROACH ........................................... =i 89 756 . ,, .. : ` ,IN~OME.APPROACH~TOVALCI E(eot ~'`.red. -FannteMae) ~ ' ~ Estimated M Marlcet Rer~ S X Gross Rer~ Multl ier = S Indicated Value b Income oach . Sixim~ oF Incane mdudi s rt fa market rerrt and GRM ; . . . . ,: ` ~ , , ' PRO;1~C~'fiNE4RMl~~IW!t.~Oq PUDs;~ ~cablea - Is ~he devd edbuiida in c~ntrol of the HomeoHmers' Assodatlon OA ? Yes No Unit s Detached Auached Provide the foli irrtom~aUan tor PUDs ONLY ff the develo /builder is In conb~ol of the HOA and the sub ect is an attached dwelli ~it. Le Name of ~ Total rwmbec o~ Tota~ ntmber of uniis Total number of units sdd ?'otal rxxnber of units rented Totai rMxriber of u-ats for sale Data source s ~ Was the ct created the come~sion af exf buf{d s irrto a PIfD? Yes No If Yes, date of cornersion. ~ Qoes the o' t contai~ multi-dweili urd#s? Yes No Data Source ~ Are the t~nfts, corrxnon elements, and recreatlon fadlitles c ete? Yes No If No, describe the status of com letion. . . Are the common eiements leased to or the Hon~eowners' Associatlon? Yes No 1t Yes, describe the cent~ t~ms and tlons. Describe common eiements and rec~eatlonal facilities. Freddie Mac Form 70 March 2005 Page 3 of 6 Fannie Mae Form 1004 March 2005 form i004 -"TOTAL for Windows" apprais~ software by a la mode, inc. -1-800-ALAMODE Uniform Residential Appraisal Report File # 032906B - This repvrt ~form is designed to repo~t an appraisal af a ane-unit property or a one-unit property with an accessory unit; including, a unit in a.planned unit developmerrt (PUD).. This report foRn is not designed ta report an appraisat af a rnanufactured horne or a unit in a condominium or coopera~ve proJect. This appraisal report is subject to the foliowing scope of work, intended use, intended user, definition of rnarket value, staternerit of assumptions and limiting candi~ons, and certifications. Modifications, additions, or deletions to the intended use~ intended user, definitian of maricet valus, or assumptions and fimiting conditions are not permitted. The appraiser rnay expand the scope of work to include any addi~onal research or analysis necessary based on the cornplexity of this appraisal assignri~trit. Motlific~tiuns ur dele~tfiuns fn~ ~ie cett)fi~a~tons are also riot permitted. However, addi~unal certifica~ons that du not constitute material atteratlons to this appraisal repat, such as those required by law or those related to the appraiser's cor~tinuing educa~tlon or rnernbership in an appraisal organization, ara perrnitted. SCOPE OF WORK: The scope of wortc for this appraisal is defined by the compiexity of this appralsal assignrnerrt and the reporNng requiremer~ts of this appraisai report fam, including the foliowing defini~on of rnarke~t value, staternerit of assumptlons and Ilrni~ng canditions, and cer~ficaUans. The appraiser must, at a minimum: .(1} pertorm a complete visuat lnspec~on of the irrterior and exterior areas of the subject property, (2) inspect the neighborhood, (3) inspeat each of the comparabie saies frarn at least ifie stree~t, (4) research, verffy, and analyze data from reliabie public and/or p~ivate sources, and (5) report his or her analysis, opinions, and conclusions in this appraisal report. INTENDED USE: The intended use of this appraisal repart is for the lender/clier~t to evaluate the property that is the subject of this appraisal for a mortgage finance transaction. IIVTENDED USER: The intended user of this appraisal report is the lender/cllerrt. DEFINRION Of MARKET VALUE: The most probable price whlch a property shouid bring in a competitive and open market under all condi~ons requisite to a fair sale, the buyer and seller, each ac~ng pruden~y, knowledgeably and assuming the price (s not af~ected by undue stlrnulus. Implicit in this defini~on is the consumrna~on of a sale as of a specffied date and the ~passing of title•-fror~ $eller ~to buyer ~nder cofld~ione whereby: (1~) ~buyer ~a~d seNer -are ~t~p6calty r~ot~vated; ~(2) ~both partles are well ir~formed or weli advlsed, and each ac~ng in what he or she considers his or her own best interest; (3) a reasonable time is allowed for exposure in the open rnarket; (4) payme~ is mada in terrns o~ cash in U. S. doilars ar in terms of financtal arrangerner~ts comparable thereto; and (5) the prtce represents the normal consideration fo~ the property soid unaffected by special or creative financing or sales concessions* grarrted by anyone associated with the sale. *Adjustrnerrts 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 tradi~on ar law in a market area; these costs are readily (derrtifiabie since the seller pays these costs in virtually all sales transactions. Special or creative financing adjustmerrts can be rnade to the comparable property by comparisons to financing terms offered by a third party ins~titu~onal lender that Is not already involved in the property or transac~on. Any adjustrnerrt should not be calculated on a rnechanical dollar for doitar cost of the financing or concession but tt~e dollar amourrt af any adjustment should approximate the marlcet's reac~on to the financing or concessions based on the appraise~'s judgmerit. STATEMENT OF ASSUMPTIONS AND LIMiTING CONDITtONS: The appraiser's certification in this report is subject to the foliowing assumptions and lirni~ng conditions: 1. The appraiser will not be responsible for rnatters of a legal nature that affect either the property being appraised or the title to it, except for infarnation that he or she becarne aware of du~ing the research involved fn performing this appraisal. The appraiser assurnes that the ~~e is good and marketable and will not render any opin(ons about the title. 2. The appraiser has provided a sketch in this appraisai repo~t to show the approx(mate dimensions af the improvemer~ts. The sketch is inciuded oniy to asslst the reader in visualizing the property and understanding the appraiser's deterrnina~on of its slze. 3. The appralser has exarnined the available flood maps that are provided by the Federal Emergency Management Agency (or other data svurces) and~ has noted in this appraisal~ report whether any pati~on of th~e subject site ~~s ~tocat~d~ ~ in an ider~ified Special Flaod Hazard Area. Because the appraiser Is nat a surveyor, he or she makes no guararrtees, express or Iraplied, regardtng this deterrnination. 4. The appra~sec will not give testimony or appear in caurt because he or she made an appraisal of the property in question~ unless specific arrangemerrts to da so have been made befiorehand, or as otherwise required by law. 5. The appraiser has noted in this appraisal report any adverse condifions (such as needed rspa~rs, deterioration~ the presence of hazardous wastes, taxic substances, etc.} abserved during the inspec~on of the subject property or that he or she becarne aware of during the research involved in pertaming the appraisal. Unless otherwise stated in this appraisal report, the appratser has no imowledge of any hidden or unapparent physica! deftciencies or adverse candi~ons of the property (such as, but not limited to, needed repairs, deterioratiQn, the presence of hazardous wastes, ta~ac substances, adverse environmental conditions, etc.) that would make the property less valuable, and has assurned that there are no such aonditions and rnakes na guarantess or warratYties, express or impli8d. TfiB 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 environmerrtai hazards, this appralsal repart must not be considered as an environmer~tal assessment of the property. 6. The appralser has based his or her appraisal report and va{ua~an cancfus(on for an appraisai that ls subject to sa~sfactory cornple~on, repairs, or alterativns on the assumption that the completion, repatrs, or aftera~ons of the subject .property will be performed in a professional manner. Freddie Mac Forrn 70 March 2005 Page 4 o~f 6 Fanhie Mae Form 1004 March 2005 Form 1004 -'TOTAL for Windows" appraisal software by a la mode, inc. -1-800-ALAMODE Uniform Residential Appraisal Report ~IeA~ 032906B 21. The lender/c{ie~ may disciose or distribute this appralsai report to: the borrawer; another lender at the request of the barrower; the mortgagee or its successors and assigns; mortgage insurers; govemmer~t sponsored enterprises; other secondary market participants; data coUection or reporting services; professional appraisai organizations; any department, agency, or instrurneritality of the United States; and any state, the District of Co4umbia, or ather ju~isdfctions; without having to obtain the appraiser's or supervisory appraiser's (if applicable) consent Such consent must be obtained before this appraisal report may be disclosed or disbibuted to any other party (including, but not Iimlted to, the publ(c through advertising, publlc rela~ans, news, saies, or other media). 22. i am aware that any disclosure or distribution of this appraisal report by me or the lender/client rnay be subject to certain laws and regulattons. Further, I am afso subJect to the provisions af the Un~form Standards of Professional Appraisal Practice that pertain to disciosu~e or distribu~on by rne. 23. The botrower, another lender at the request af the borrower, the mortgagee or its successors and assigns, martgage insurers, govemment sponsored e~erprises, and other secondary rnarket participants may rely ori this appraisal repart as part aF any mortgage finance transac~on that (nvoives any one or more of these parties. 24. {f this appraisai report was transmitted as an "electronic reco~d" containing rny "electronic signature," as those terms are defined in appAcable federal and/or shate laws (excluding audio and video recordings), or a facsimile transmtssion of this app~alsal report coritaining a copy or represerrta~on af my s(gnature, the appraisal report shall be as effec~ve, enforceable and valid as ff a paper version of this appratsal report were delivered carrtaining my or(g(nal hand written signature. 25. Any inter~tional or negligent misrepresenta~on(s) contained in this appraisal repoct may resuft in civil liability andior criminal penaldes Including, but not Iimlted to, fine or imp~isonmerrt or both under the provisions of Title 18, United States Code, Section 1001, et seq., or similar state laws. SUPERV{SORY APPRAISER'S CERTIFfCATiON: The Supervisory Appraiser certifies and agrees that: 1. I di~ectiy supervised the appraiser for this appraisal assignrnent, have read the appraisal repo~t, and agree with the appraiser's analysis, opinions, statements, conclusions, and the appraiser's certification. 2. ( accept full responsibility for the corrterits of this appraisal report including, but not limited to, the appraiser's anafysis, opinions, statemet~ts, conclusions, and the appraiser's certifica~on. 3. The appraiser iden~fied in this appraisal report is either a sub-contractor or an employee af the supervlsory appraiser (or the appraisat firm), is qualified to pertorm this appraisal, and is acceptabie to pertorrn this appraisal under the appiicable state law. 4. Th(s app~a~sal report complies with the Uniform Standards of Professional Appraisal Practice that were adopted and prornulgated by the Appraisal Standards Board of The Appraisal Founda~on and that were in place at the time this appraisal repat was prepared. 5. If this appraisal report was transmitted as an "electronic record" containing rny "electronic signature," as those terms are defined in appiicable federal and/or state laws (excluding audio and video recordings), or a facsimile tra~smission of this appraisal repart containing a copy or representation of rny signa#ure, the appraisal report shall be as effective, enforceabie and vaiid as if a paper version aF this appraisal repo~t were delivered containing my original hand written signature. APPRAISER Signature Name Susan . Burkhol Company Name Diversifted Appraisal Services Company Address 35 E. High Street, Ste 101 Ca~iisle PA 17013 Telephone Number ~17-2~s-275s Email Address sbu~lcholder~pa.net Date of Signature and Report March 29, 2006 Effective Date of Appraisal February 2, 2006 State Cer~fica~on # RL-o0o659-L or State License # or Other (describe) State # State PA Expfra~on Date of Cer~fica~on or License June 30, 20b7 ADDRESS OF PROPERTY APPRAISED 1056 Atexander Spring Road Cartisle PA 17013 APPRAISED VALUE OF SUBJECT PROPERTY $ 93,000 LENDER/CLIENT Name Company Name Company Address Barrick Estate Emall Address SUPERVISORY APPRAISER (ONLY IF REDUIRED) Signature Name Lamr E. F e Cornpany Narne Diverstfied Appralsal Services Cornpany Address 35 E. H(gh Street, Ste 101 Carlisle PA 17013 Telephone Number 717-249-2758 Ernail Address Ifoote~pa.net Date of Signature March 29, 2006 State Certification # GA-000014L or State License # State PA Expira~on Date af Ce~tifica~on or License June 30, 2007 SUBJECT PROPERTY ~ Did not inspect subject property ^ Did lnspect exterior of subject property frorn street Date of tnspec~on ^ Did inspect interior and extehor of subject property Date of Inspection COMPARABLE SALES ~ Did not inspect e~tterior of camparable sales from street [] Did inspect exterior of cornparable sales from street Date of Inspec~on =reddie Mac Form 70 March 2Q05 Page6of6 Fannie Mae Form 1004 March 2005 Form 1004 -"TOTAL fa wndows' appraisad software by a la mode, inc. -1-800-ALAMODE Supplemental Addendum ~~p N~ 0329068 Borrotver Clierit n.a. Pr Address 1058 Alexander S rin Road C Carlisle C Cumberland State PA Zi Code 17013 ~ Lendet Barrick Estate Additiona{ Comments The subject is older than five years old. All mechanical systems inciuding heating, eiectrical and piumbing systems appear to be working adequately. No warcanties are implied in this statement. The subject propert~ has an on site well and-sep~ic systern: This is common for the aFea ar~d-have no adverse irnpa~E upon the~~ marketability or the home. One oc more of the comparab{e sa{es are ofder than six months old. Although there are comparable properties in the subject's area, none have sold recenty, thereto~e, sales in excess of six months otd have to be used. All three comparables used were the best available. Altho~gh there.are-otk~er-similaF~ho~e in the~-s~bjec#'s fleighborhood,~none~#~ave sold rece~tly. TherefoFe~is-was-ne~essafy ta~ use sales further than one mile from the subject property. The sales used are the best available. The predominant value in the neighbofiood is less than that of the market value of the subject property. This is due to the very wide range of values of properties in the area and superior qua{ity of the subject property. This condition does not affect the market value of the subject o~ its future marketability. The lntended User of this appraisal report is the L-endeN~lient. The Intended Use is to evaluate the property that is the subjeat ~ of this appraisal for a mortgage ~inance transaction, subject to the stafed Scope of Work, purpose of the appraisal. repartirtg requirements of this appraisal report form, and Definition of Market Value. No additional Intended Users are ident~ied by the appraiser. Privacy Notice Pursuant to the Gramm-Leach-Billey Act of 1999, effective July 1, 2001, appraisers, along with atl providers of personai flnancial services are now required by federal taw to inform their clients of the policies of the firm with regard to the privacy of the client nonpublic persanal information. As professionals, we understand that your privacy is very important to you and ar~e pleased to provid~e you with this information. In the course of performing appraisal, we may collect what is knov-m as "nonpublic personal information" about you_ This information is used to facilitate the services that we provide to you and may include the information provided to us by you directfy or received by us from others with your authorization. We do not disdose any nonpublic personal informatian obtained in the course of our engagement with our clients to nonaffiliated third parties, except as necessary or as required by law. By way of example, a necessary disclosure would be to our independent contractors, and in ceRain situations, to unrelated third party consultants who need to know that information to assist us in providing appraisal services to you. All independent contractors and any third party consultants we engage are informed that any information they see as part of an appraisal is to be maintained in strict confidence within the finn. A disciosure required by law would be a disclosure by us that is ordered by a court of competent jurisdiction with regard to a legal action to which you are party. We will retain records relating to professiana! services that we have provided to you for a reasonable time so that we are better able to assist you with your needs. In order to protect your nonpublic personal information for unauthorized access by third parties, we maintain physical, electronic and procedural safeguards that comply with our professional standards insure the securiry and integrity of your information. Form TADD -"TOTAL for Windows" ap~sai software by a la mode, fnc. -1-800-ALAMODE Location Map Borro er Cl9errt n.a. - Pro e Address 1056 Alexander S rin Road C Carttsle C Cumberiand State PA Lender Barrick Estate ~i Code 17013 ; , ~ ~ :'~ ~~ a `=~ ~~ ~._ ~ ~+' ~r S ~ . «a.a ~, ~ - ~ MapPainY ~ e ~. ~ , ,, ` ° ~~ 4 . I7l,l o~~a~ v+~` . t ~- - o ~9yr°~MiB ~ , , ~',: ~a ti k'~ ~ '+'~ '" ~ $ Fbt~o' i~o, ~bV~' w,~e ~.~b~ . ` ~ ~? OF ~b ~ :`~ Y~°~"^.4~ ~ ,. :.G ~ ~ . ,. . ~°' . '~' , ~ ~ , ~ _ 6v^~n.r+ . Rd ~ ~ 6pl~s Cross n , ~ _ ' ~r ~ Grieder ; ~~ ~ p Oolf Chib ~_y... , ^ ~ ~ ~ '~ ' v ..~'?~ ' ~ • - - Plters Rd rylp r ~ ; . - $, _ , Pe I~rania k~ `"~~ ..r , ` _ 1 ~ , - - __ r ~, ~ :== --' -- ~ ~ ' _ . _.: _ =- ' ^==''8~en F~II .. . . . _. _.. _._ ' ' - - -- ~ - . . --- --:Na~ Rd ~ . .... . -- . . . . , ~ - . ~ .. . ~ - . . . ~ . ~ fBlfOlt J ~, ' " , . . . 5011 ~ ji ~~ ~ ~ ¢ ' ~ C Sf~0~5 ~ Se ~ . . . 'll ~ •:. . 8 .. 'il13NR7i0~ ~ ~ ~ ~ ~0 .,~ . ~ ~ ~ C .. BamstaWe ~ ~ uliSl~: . 1 ~ Q y~ s {i Y 1'.~ I ~''p ~ ~j _ s ibf Dt - ~ : _ - ~,a ~ .L~ v ~~ 9 . ~ ~ . sQ( 7 4 ~ . ~~ . ~ '-'j , A` . . ' . . • ~a ~ ~ '4~ . ~ ~ ~ or ~S. ~ ~ o' ~' S~{y~q ~ ~~'~ $ ~ ~ ' Cumbedand N'a Coif Club, i~ Q° ~.+Y .~ KanDr~Y ~ a -- -.. Mt Rock ita - , ' ~ 1 ~ , ~ . • ~~.~ e :: _ , ~'" ~ ~ _~ . _ ~` ~ o - phbunt Rock ~ R :~ ~ ~ ~ ~. ~ ~d ~ '~ ~~ A ~ ~ . ~ ~ . . ~ ~. ~ ~ ~ ' . ~ ~ ' . . . . . ~, ~ . ..,~ ~ " Rd ~~° ~ ~ ' . '1, O . . . ~o~ '~ ~ ~ ~; .~ " ~ : ~: ~ ~? ~ ~ ~e~': '> a ~ ca~ ~' ~ o = 7 , _ _ : -.: ,,. .. _ _ - -.._,,. ;ii i.~ -W .OId Yo!~_ ~ - - _ . _ _ ..:. . .... .. ... : 37 . p __ _ o, Moondale ~ ' ' ~ ~' , _ .. ~ CumrtiinsvlAe ~; ~ ~ . . : o ~ _ . ~ ~ ~ .. - "`48imlt: ,~ Ra ~ . Q,a ,~ , _ ". ~~ , Dicldruono ' ~jf ~ ~ ..r . - '°:_ -- . - _..-,~~~~ __ _ - v . .. : ~ - ~ !i ~ ~ ._ ._: - ; ~ ~- : , ~ ~A =- ~de::R~ .. - ~ '23?:' ~ k i - ; _ - ~ _,-•~~ `°Montsaa - - - ~ Hoo erxv q e ~ : - - ~ ~. : ._.. - .. _ ... ,.. . _ - .. . ,. -= :•. O , _. .~ -• ~' -- . --.., _,. .,_ _._ ~ a- - ' ____ , __.<:. -~ , ~ _ Lonpsdorl ~ -. ~.. Nuritsdak Nu t ' ~ ~ a ~ ~ ' ~~ ~ ~ 3 8~ ~ a @ ~ ~ ~ '~ erusMoan ., ~ ,, ~ ~ ~ ~~ _ ~ '~y- Itings C+ap Envlronmental E~J~Cation 4'errter °; 'Cobblesviqe ; ~i A20061~tieroseRCoq 62004NAa1EQ,~paJor(iDt,lec. ~i ~f Form MAP.LOC -'TOTAL for wndows" ~praisal software by a la mode, inc. -1-8U0-ALAMODE Subject Front 1056 Alexander Spring Road Subject Rear Subject Street Form PICPIXTR -"TOTAL fot W(ndows" appr~sal software by a la mode, inc. -1-800-ALAMODE . .~ ~ SubJect Photos . ~ ~ Comparahle Photo Page Borrowe~ Clierrt n.a. ~ r Addr~s 1056 Alexander S rin Road Ca~lisle C Cumberland State PA Zi Code 17013 Lender Barrick Estate Comparabte 1 2127 Newville Road Comparable 2 108 A Street Comparable 3 1119 Pine Road Form PICP{XBR -"TOTAL for Windows" app~aisal software by a la mode, inc. -1-800-AIAMODE TABLE OF CONTENTS Table of Contents Appraisal Certificate Appraisal Summary Photograph & CD-ROM Instructions Personal Property Listing Appraisal Summary (Copy) References Statement of Qualifications Assumptions and Limiting Conditions 2 3 4 5 6 12 13 14 15 2 APPRAISAL CERTIFICATE I hereby certify that, upon the request for the estate appraisal of the personal property of Wayne W. Barrick, deceased, 1056 Alexander Spring Rd. Carlisle, PA 17013, I have personally and physically inspected the Iisted personal property. The personal property was appraised to determine the FAIR MARKET VALUE, AS OF d.o.d. February 2, 2006 & reported on May 8, 2006. The date of inspection was Apri128, 2006. The information and values contained in this report are based upon my experience as an appraiser and other reliable sources. The personal property was found to be in FAIR to EXCELLENT condition, unless otherwise noted. Values are reported piece-by-piece, and/or as a whole. All values reported have been determined with consideration to the condition of the item, market conditions, and salability factors. I~I~ A~PI~~ISA~, ~ ~~~~~ CE~ 1'. 3 APPRAISAL SUMMARY It is in my opinion, that as of d.o.d. February 2, 2006, the Fair Market Value of the personal property of Wayne W. Barrick, deceased, 1056 Alexander Spring Rd. Carlisle, PA 17013: (One Thousand Seventy Seven Dollars and Zero Cents) ($1,077.00) ~y~c.n..l~.~~. The report must be read in its entiretv. The Appraisc~l Summary ONLY is not the t~pprc~isal report. ~C]~I~ .~~~~~~~~.~ ~ ~~I~~~~~~ 4 Persanal Property Listing 1 ~ ~~ ~~~ ~ ~N Table and Chairs. 1950s dining room table and chairs. $15.00 Corresponding Digital Photograph File: r0313822 jpg 2 ~' ~-~~~-~ ~~" t~ Pine Box. Homemade mid twentieth century pine box. $12. 00 Corresponding Digital Photograph File: r0313823 jpg 3 ~~' u Stereo. Modern Fisher stereo system. Corresponding Digital Photograph File: $8.00 ~` rD313824 jpg ~ -~ ~ ~ ; { f' 4 Bowls. Two Fire King Jadeite cereal bawls. $40.00 Cor~responding Digital Photograph File: rD313825 jpg 5 ~ End Table. Two modern wood end tables. $16.00 Cot~t~esponding Digital Photograph File: r0313826jpg 6 Sofa. Modern plush sofa in poor condition. $0.00 Corresponding Digital Photograph File: r0313827 jpg ~. 6 ~ Chair. Modern plush chair in poor condition. Correspanding Digital Photograph File: $0.00 :, rD313828 jpg g ~ ~ Floor Lamp. Modern flaor lamp. Corresponding Digital Photograph File: $8.00 ~k r4313829 jpg g ~-' Table Lamps. T~vo early-mid twentieth century milk $16.00 glass Iamps. Corresponding Digital Photograph F'ile: r0313826 jpg 14 `'~` - Cabinet. Modern wood cabinet. Corresponding Digital Photograph File: $10.00 r0313831 jpg ~~ ; . , 11 s Curtains. Mid twentieth century deer hunting motif curtains. Corresponding Digital Photograph File: r0313830 jpg $15 . 40 12 ~ Cabinet. Mid-twentie~th century cabinet. Corresponding ~igital Photograph File: r0313833 jpg $10. 00 13 t_ y~ ~~~ ~`~~ ~ ,,. ~ _ ~~ ~- Lam~. Twentieth century ruby red glass eagle lamp. Corresponding Digi~al Photograph File: r0313832 jpg $12.00 14 Chair. Late Victorian low plush chair with wood arms and le s. $3 0. 00 15 ~=~ ~ ~ Television. Modern 25" color television. Corresponding Digital Photograph File: r0313834 jpg $3 5. 04 8 ~ 6 Pellet Gun. Modern mid-twentieth century pellet gun. Corresponding Digital Photograph File: $3 5.00 r0313835.jpg 1 ~ Binoculars. Modern Jason binoculars. Corresponding ~igital ~hotograph File: $6.00 r4313836.jpg ~ 1 g Rifle Scope. Modern 8 Point rifle scope. Corresponding Digital Photogra~h File: $18.00 rD313836 jpg a 19 Binocula.rs. Modern Crown Binoculars. Corresporrding Digital Photograph File: $4,Qa r0313836 jpg ~ 24 Chest. Modern mid-twentieth century chest. $8.00 Corresponding Digital Photograph File: r031383 7 jpg 21 Dresser. Modern mid-twentieth centu dresser. $15 .00 22 Stereo. Mid-twentieth century stereo. Correspondrng Digital Photograph File: $10.00 r0313838.jpg 23 ~ Records. Miscellaneous selection of albums and $40.00 '~I records. Correspanding Digital Photograph File: r0313839jpg Z4 Lam s. Two ruby glass oil lamps. Corresponding Digital Photograph File: $20.00 rD313840jpg 2~ Manuals & Books. Miscellaneous selection of automobile manuals and. books. $50.00 Correspondrng Digital Photograph File: r0313841 jpg ~6 Lam~. Vintage frosted glass lamp. Corresponding Digitacl Photograph File: $6.40 r0313842jpg ~~ , 27 Desk and Chair. Small twentieth century desk and $8.00 cha.ir. Corresportding DYgital Photograph File: r0313843~pg 10 28 File Cabinet. Metal four drawer file cabine~t. $5.00 Corresponding Digi~al Photograph File: r0313844 jpg 29 ~;~~ Tools. Miscellaneous selection of tools including $3 50.00 ''~' , hammers, nail, wrenches and saws. .;F` Corresponding Digital Photograph Files: r0313845 ~ ~~ ~ : & r4313846JPS' 30 ~~' ~~.~'~~ ~~:' :;~~~ `'~ Lawn Mower. Craftsman Kohler Command 15 hp $275 . 0~ ~ ' ohv, 42" riding lawn mower. ~ Corresponding Digital Photograph File: ~ "~ ~~ r0313847 jpg , ~. ,. Total $1,077.00 ll APPRAISAL SUMMARY (C~PY) It is in my opinion, that as of d.o.d. February 2, 2006, the Fair Market Value of the personal property of Wayne W. Barrick, deceased, 1056 Alexander Spring Rd. Carlisle, PA 17013: (~ne Thousand Seventy Seven Dollars and Zero Cents) ($1,077.00} ----------------- .A.I'.P. The report must be read in its en~irety. The Appraisal Summary ~NLY is not the appraisal report. ~~~~~.~.~.~~ ~~~~~~~~ 12 itelley tilue tiook - Ynvate Yarty Yncing Keport - c.:nevrolet, ~iiveratio 1~UU Yickup Yage 1 ot 4 ~~,".~ ' ~ . ,z~:. ~~~~~ r~ ;~+ ~ ~ ~ ~ ~ ~ ~ r" ;~"`" .~ ~ ~ ' ~ i t F ~ ~ '~ E ~ ; d'~,~. I~.~ ~t:~n• ~ , Ke#le Blue 8a~k ; Y ~ ~ K~ ~ ~~ §i~. { ~." ,.. . ~. . ,:, ~°~ ' THE TRUSTED RESOURCE `~~ ~` ~ ,~ ` #d~ ~ ~~ ..~. k ..~' . ~ -- .~ ,.,. _.,~p...~~.._.~. - - - v-a._~.~.. id-b.tom ~kczt,',T6.g K-~.'^.`.^""'AY.~+~' t . ~. v~.~.. .. . ~.~ ,~ iY:~;. . ::~'l1..+f7....~y;r c~~ .. , . .._.. ~ ~ More Photos ~ ~ ~~ ~ ° ~ , .~« ~~,,~~ . , ~~~...d:~~•v Quick Dealer Price Quote >~ Search Used Car Listings List Your Car for Sa ~. , k * ~.~~~ ~~['l~ ~ " * i e ~r , w 1 i ~ • ~ ~ y ~ ~ Home > Used Cars > Pickup > Chevrolet > Silve.rado 1500, Pickup > 2000 > long..Bed > Equipment ~ Print This Page 2000 Chevrolet Sitverado 1500 Pickup Long Bed Trade-In Value > Private Party Value ~~-~~ ~~'~~' ~"~~~~~~ ~'~~T'! ~IAL~E ~ Suggested Retail Value Photo Gallery Condition Blue Book Review Excellent ~ '.; ~ ~.; z = : s ~::~ ~ ~::~~ Shopping Tools Free CARFAX Record Check Auto Loan from 6.65°to APR Get an Insurance Quote Payment Calculator Extended Warranty Quate Print For Sale Sign ~ BLL~E B~~~ CL~~S~F~~DS ~~~ Search Used Car Listings Chevrofet Silverado 1500 Pickup 30 Miles or ~ess ZIP Code ~ 17013 ` ~_._. _ v__.._ , To View Ads, Click BLl1E B(}+~~ ~L.~S~~F~~a~ ``` List Your Car For Sale Reach millions af shoppers on kbb.com, Cars.com, and other popu~ar sites. Find out more, Click advertisement Good :, ::~ ~.,, .. Fair .. . ~ Value $$,935 $8,315 (Selected} $7,525 ~, Search Local Listings 4 List Your Pickup For Sale Vehicle Details Engine: V6 4.3 Liter Transmission: Automatic Drivetrain: 4W D Mileage: 60,000 Setected Standard Equipment Air Conditioning Tilt Wheel Pawer Steering AM/FM Stereo Selected Optionat Equipment Cassette Blue Book Private Party Value Change Equipment Dual Front Air Bags ABS (4-W heel) Private Party Value is what a buyer can expect to pay when buying a used car from a private party. The Private Party Vafue assumes the vehicle is sold "As Is" and carries no warranty (other than ti~e continuing factory warranty). The final sale price may vary depending an the vehicle's actual condition and local market conditions. This value may also be used to derive Fair Market Value for insurance and vehicle donation purposes. Vehicle Conditio~ Ratings Ex+eellent Check Vehicle Title History ~ Estimated Payments $165 /mo @ fi.99% APR _ _ _ ~.:.. Get a Pre-Owned Loan from 6.65% APR Your Credit Score for Free Get a Free Insurance Quote ; ` ~~# ~~ ~u~to 1~n ' ~~'i 1~t~Ltf' '~1"~i~~ ~ ' ~vi~ ~ ~la~~ +~l~+~~k l~~~tr ~~tr` ~~s f~~~ ~~~ ~ ht#.p://vwvw.kbb.com/kb/ki.dll/kw.kc.ucp?kbb.PA;;PA041;& 17013&;688846&;;ucp;pic&7;CT;S2 3/3l2006 _.__. __._.. ~dvertisement xettey ts~ue tsoox - rr~vate rarry rr~cing tteport -~:nevro~et, ~ilveracio 15UU Yickup Yage l ot 4 , . . C~~ ~ t#E'~~1 '~~H~C~~ Si~~P ~ j ~8,9~~ , Compare Used vs. New ~~~''~~-4~E~~~~" r=~nditi~r-t ir~ieari~ t?~~t ~~~ vet~icle looks ne~.v, is in excelient ~ jhis vehicle has never mechanical condition t,nd r~eeds i,o rec~nditio~ing. h~~1 a~~y paint or body U~~rk anr.i is fr~ee ef rust. The vehicle has a clean $S,000 ta $10,000 title I~istc~ry and wiVi pass ~~ smoy ai~c~! safety ins~ectic~n. The engir~F caE~~t~artment is clean, v~}ith no fEuid feaks and is €ree af any t~ve~r or visib#e Both New and Used ciefects. The vehi~fe c~iso has car~r~pfete and verifiable service recor;~s. Less tl~a~ 5`!0 of al{ used vehicles falf into this category. Pickup Good (Selected} ~~,~~.,~ ~~ $8, 315 _ _ _. ~ ~b~ ~~ ~.a~~ To View List, Ctick ~ "Good" condition means that the vehicle is free of any ma}or defects. This vehicle has a clean title history, the paint, bady and interior have on(y minor (if any) bfemishes, and there are no major mechanical problems. View Another Vehicle There shoufd be little or no rust on this vehicle. The tires matci~ and have substantial tread wear left. A"good" vehicle will need some reconditioning Select Year... to be sold at retail. Most consumer owned vehicles fal! into this category. ~ ~;; ..~ Fair ; ,: Y~ ` i x $7,525 , . : ~ "Fair" condition means that the vehicie has same mechanical or cosmetic ,> defects and needs servicirig but is still in reasonable running condition. This `~~` vehicle h~s a clean title histcry, the ~arnt, body and/~r interior need work Or Search by Category perfor~rned by a professianai. The tires may r~eed to be re~lacecf. There may be sorr~e repairable rust damage. Qr Change ZIP Code Poor ~ ~ ~_~ ~ r- .: i~, ~~~ ~~* ~ _:. ~ :~ ~JA ~~~=~.~F,~~~~.~~~ "Poor" candition means that the vehicle has severe mechanica! and/or cosmetic defects and is in p~or runnin~ condition, T(~e vehicle ~~r1ay hav~ problems that cannot be readily fixed such as a damaged frar~~e ac~ a rusted-through boc~y. A vel~icle with a branded title (salvac~e, flood, etc. j or uris~~bstantiated mileage is cc~~siricred '"pa~r." A vehicle in ~ac~r c~nditian rr~ay require an independent ap~~raisai ta determine its ~~alue. * Pennsylvania 03/03/200b , Search Loca! Listings ~ List Your P~ckup For Sale Condition Quiz Results Calculated Rating: Good Change Condition Exterior Paint and Body Dents, dings or chips Paint or body work None Frame or unibody Unaltered Glass, lights, lenses No defects Rust None Inter-ior Upholstery and carpet Clean Odor {smoke, mold, etc. ) Nane Components (tocks, radio, etc.) Alf fu11y functional http://v~~ww.kbb.com/l~b/ki.dll/kw.kc.ucp?kbb.PA;;PA041;& 17013&688846&;ucp;pic&7;CT;S2 3/3/2006 M~TB March 6, 2006 Dale F. Shughart, Jr. Attorney At Law 35 East Higk~ Street Suite 203 Carlisle, PA 17013 499 Mitchell Street, Millsboro, DE 19966 RE: Estate of Wayne W. Barrick Date of Death: February 2, 2006 Social Security No.: 192-32-1709 Dear Mr. Shughart: In response to your request, please be advised that at the time of death, the above- named decedent had on deposit with this bank the following accounts. 1. Account Type . . . . . . .. . . . . . . . . . . . . . . . . . . . Checking Account Account Number . . ... .. . .. . ... .. . .. ....767042 Ownership (Names o~ ...............Wayne W. Barrick Opening Date . . . . . . . . . . . . . . . . . . . . . . . . . . .12 / O 1 / 70 (account closed 02 / 24 / 06) Balance on Date of Death. ... ... ...$3,837.08 Accrued Interest $ 0.00 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 3 , 8 3 7 . ~ 8 2. Account Type ...........................Savings Account Account Number .. .....................150042049102$7 Ou~nershzp (Names o~ ...............Wayne W. Barrick Opening Date . . . . . . . . . . . . . . . . . . . . . . . .. . .12 / 29 / 80 (account closed 02 / 24 / 06) Balance on Date of Death. ... .... ..~3,605.30 Accrcced Interest $ 0.15 Toral . . . . . . . . .. . . . . . . . . . . . . . . . . .. . . . . . . . .. . .$3,605.45 ~ ~ March 6, 2006 ~ • Page 2 The above narned decedent did not have a safe deposit box. For any additional information on the above accounts, including ownership, statements and closures please contact our Stonehedge branch at 717-240-4524. Sincerely, , /' ~~ ~ (~~:,, .~. ~~l~i:f~f~~' `~i..~ ~~' ~, :' ~j ~ Charlene Warrington, Records Management 1-888-502-4349 ~ ~~t ~ ~ ~ . ~:~ .~~ ~ ~ - ~ I~ P ~ - .~-- ~ ~;r_ ~~ C ~~ ~~~~~ N t~ ~ t~