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Home My WebLink About05-24-06 (3) REV-1500 EX (6-00) . . OFFIClAL USE ONLY COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG. PA 17128-0601 REV -1500 INHERITANCE TAX RETURN RESIDENT DECEDENT FILE NUMBER ~L COUNlY CODE D<<) _2'f>_ 0831___ YEAR NUMBER I- Z W C w o w c DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) Paul Clara DATE OF DEATH (MM-DD-YEAR) DATE OF BIRTH (MM-DD-YEAR) 9/1/2005 7/14/1930 (IF APPliCABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) D SOCIAL SECURITY NUMBER 188-24-6745 THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER W I- :ll: ~CI) O~:ll: wa.O :z:~ o a.1D a. c( [i] 1. Original Return D 4. Limited Estate [i] 6. Decedent Died Testate (Attach copy of Will) D 9. Litigation Proceeds Received D 2. Supplemental Return D 3. Remainder Return (date of death prior to 12-13-82) D 4a. Future Interest Compromise (date of death after 12-12-82) [i] 5. Federal Estate Tax Return Required D 7. Decedent Maintained a Living Trust (Attach copy of Trust) L 8. Total Number of Safe Deposit Boxes D 10. Spousal Poverty Credit (date 01 dealh between 12-31-91 and 1.1-95) D 11. Election to tax under Sec. 9113(A)(AtlachSchO) .... Z W C Z o ll.. rn W a:: a:: o o THIS SECTION MUST BE COMPLETO.ALLCORRESPONDENCE AND CONFIDENTIAL TAXINF.ORMAneNSHOULD BE DlRECTEDTO: NAME COMPLETE MAILING ADDRESS Joanne E. Book, Es ire One South Market Street FIRM NAME (If Applicable) Rhoads & Sinon LLP TELEPHONE NUMBER 717-233-5731 P. O. Box 1146 Harrisburg, PA 17108-1146 f",., 2. Stocks and Bonds (Schedule B) (2) ~-") J D " ~- . _.A. r.:~- it C ri -r r-'O- ',- r,' 220,000.00 825,357.30 0.00 0.00 338,032.20 0.00 OFFIClAL ~E oNi.t 1. Real Estate (Schedule A) (1 ) 3. Closely Held Corporation, Partnership or Sole-Proprietorship (3) 4. Mortgages & Notes Receivable (Schedule D) (4) 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) (5) C.-) z o ~ ~ ::>> l- ii: c( o w 0:: 6. J~ Owned Property (Schedule F) LJ Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) (Schedule G or L) (6) c..) 0, r~ ~- ~, 752,905.85 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (10) (8) 48,044.42 3,053.48 2,136,295.35 8. Total Gross Assets (total Lines 1-7) 9. Funeral Expenses & Administrative Costs (Schedule H) (9) 12. Net Value of Estate (Line 8 minus Line 11) 13. Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J) (12) 51,097.90 2,085,197.45 11. Total Deductions (total Lines 9 & 10) (11 ) (13) 0.00 14. Net Value Subjectto Tax (Line 12 minus Line 13) (14) 2,085,197.45 SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax Z rate, or transfers under Sec. 9116 (a)(1.2) o ~ 16. Amount of Line 14 taxable at lineal rate I- :) ~ 17. Amount of Line 14 taxable at sibling rate o o 18. Amount of Line 14 taxable at collateral rate >< ~ 19. Tax Due 20.0 0.00 2,085,197.45 0.00 0.00 x.o L(15) x .0 ~(16) x.12 (17) x.15 (18) (19) 0.00 93,833.89 0.00 0.00 93,833.89 CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT > > BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECK MATH < <. 3W46451.000 G Decedent's Com lete Address: STREET ADDRESS 721 Hillto Drive CUmberland CITY New CUmberland STAlE PA Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1) 0.00 84,000.00 4,421.05 Total Credits (A + B + C) (2) 3. Interest/Penalty if applicable D. Interest E. Penalty 0.00 0.00 Total Interest/Penalty (0 + E) (3) 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) 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) A. Enter the interest on the tax due. (SA) ZIP 17070- 93,833.89 88,421.05 0.00 0.00 5,412.84 0.00 B. Enter the total of Line 5 + SA. This is the BALANCE DUE. (5B) 5, 412 . 84 Make CIiIIIiiI/e to: REGISTER OF WILLS, AGENT ~_'I_111 .._ruu_ PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS Yes D D D D without receiving adequate consideration? . . . . . . . . . . . . . . . . . . . . . . . . . . .. D 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? D 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. [i] D IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. 1. Did decedent make a transfer and: 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 No og og [j [j ~ [Jg 6/J lfl 0 It? ___--- ---7GDe~~- - For dates of death on or after July 1, 1994 and before January 1, 1995. the tax rate imposed on -~ Vl I). , " [72P.S.!j9916 (a) (1.1)(i)). 6 LQ (j V~____'---- For dates of death on or after January 1, 1995. the tax rate imposed on the net value oftransfers t-- The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirem the surviving spouse is the only beneficiary. ------! For dates of death on or after July 1, 2000: - 3\ ~ () 0 The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age I or a stepparent of the child is 0% [72 P.S. ~ 9116(a)(1.2)]. .._-~.---'_.------- c/oRhoads & Sinon LLP, PO Box 1146 SIGNA EOF;REPAREROTH~E ~ w-- o IE ./ 4 ~7{iO~ ~----- The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiar ____.-.----.----..~-.- II ~r1 C1- . ]. The tax rate imposed on the net value oftransfers to or for the use ofthe decedent's siblings is 12% ( lilv' 0\ ~ O' l.J.- individual who has at least one parent in common with the decedent, whether by blood or adoption. 3W4646 1.000 _._-~ __---..--------- REV-1502 EX + (6-98) . SCHEDULE A REAL ESTATE COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Clara D Paul 21 20 0831 All real property owned solely or as a tenant In common must be reported at fair market value. Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge ofthe relevant facts. Real property which Is jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER 1. DESCRIPTION VALUE AT DATE OF DEATH Residence, 721 Hilltop Drive, Drexel Hills, Borough of New Cumberland, Cumberland County, PA, Map Reference 26-24-0809-437, Census Tract 107 Valued per attached appraisal 220,000.00 3W46951.000 TOTAL (Also enter on line 1, Recapitulation) (If more space is needed, insert additional sheets of the same size) $ 220,000.00 REV-1503 EX + (6-98) . SCHEDULE B STOCKS & BONDS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX. RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Clara D Paul 21 20 0831 All property Jolntly-owned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER 1. 152 Shares Agilent Technologies Inc Common New York Stock Exchange CUSIP: 00846U101 DESCRIPTION VALUE AT DATE OF DEATH 4,886.80 2 1,402.749 Shares Aim Equity Fds Inc Constellation CUSIP: 001413202 32,936.55 3 2,400 Shares Amgen Inc Common NASDAQ Stocks CUSIP: 031162100 192,432.00 4 800 Shares Cisco Sys Inc Common NASDAQ CUSIP: 17275R102 14,104.00 5 800 Shares Coca Cola Co Common New York Stock Exchange CUSIP: 191216100 35,172.00 6 2,019.075 Shares Eaton Vance Hut Fds Tr Txmgd Gr 1.1 A CUSIP: 277911830 46,115.67 7 3,096.452 Shares Emerald XU t Fds Homest Pa Gr A CUSIP: 29089R103 41,306.67 Total from continuation schedules 458,403.61 3W46961.000 TOTAL (Also enter on line 2, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 825,357.30 . . Estate of: Clara D Paul 188-24-6745 Schedule B (Page 2) Item No. Description Value at Date of Death 8 2,000 Shares Gateway Inc Common New York Stock Exchange CUSIP: 367626108 6,010.00 9 1,500 Shares General Elec Co Common New York Stock Exchange CUSIP: 369604103 49,897.50 10 1,000 Shares Harley Davidson Inc Common New York Stock Exchange CUSIP: 412822108 49,170.00 11 800 Shares Hewlett Packard Co Common New York Stock Exchange CUSIP: 428236103 22,108.00 12 3,200 Shares Intel Corp Common NASDAQ Stocks CUSIP: 458140100 81,392.00 13 1,000 Shares Johnson & Johnson Common New York Stock Exchange CUSIP: 478160104 Dividend accrued on 9/1/2005 63,310.00 330.00 14 200 Shares Lucent Technologies Inc Common New York Stock Exchange CUSIP: 549463107 614.00 15 120 Shares Medco Health Solutions Inc Common New York Stock Exchange CUSIP: 58405U102 5,901.60 Total (Carry forward to main schedule) 278,733.10 Estate of: Clara D Paul Item No. Description 16 300 Shares Medtronic Inc Common New York Stock Exchange CUSIP: 585055106 17 800 Shares Mellon Finl Corp Common New York Stock Exchange CUSIP: 58551Al08 18 1,000 Shares PNC Finl Svcs Group Inc Common New York Stock Exchange CUSIP: 693475105 19 2,104.397 Shares Putnam Invt Fds Grwth Opptys A CUSIP: 746802800 20 2,421.977 Shares Rs Invt Tr Growth Fd CUSIP: 74972H200 21 2,400 Shares Sun Microsystems Inc Common NASDAQ Stocks CUSIP: 866810104 . . 188-24-6745 Schedule B (Page 3) Value at Date of Death 17,124.00 26,084.00 56,500.00 27,441. 34 43,329.17 9,192.00 Total (Carry forward to main schedule) 179,670.51 REV-1508 EX + (6-98) . COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY ESTATE OF Clara D Paul ITEM NUMBER FILE NUMBER 21 20 0831 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jolntlv-owned with the right of survivorship must be disclosed on Schedule F. DESCRIPTION VALUE AT DATE OF DEATH 1 1988 Buick sedan Valued per sale proceeds 7,300.00 2 Walnut Street Securities, income check issued before death 160.00 3 Citizens Bank Certificate of Deposit #6241-044449 Interest accrued to 9/1/2005 120,087.39 62.65 4 Citizens Bank Checking Acct. #610058-792-4 6,962.77 5 Coins and currency, valued per appraisal 161. 00 6 Commerce Bank Checking Acct. #5013204958 Interest accrued to 9/1/2005 5,471.47 0.61 7 Commerce Bank Savings Acct. #0616159474 Interest accrued to 9/1/2005 32,726.30 0.89 8 Cortland General Money Market Fund, Walnut Street Securities Acct. #5W8-200987 Interest accrued to 9/1/2005 65,216.27 79.07 9 Diocese of Harrisburg Savings Acct. #01-36097 Interest accrued to 9/1/2005 21,613.39 112.20 10 Jewelry, watch and locket, valued per appraisal 170.00 11 M&T Bank Checking Acct. #67561934 Interest accrued to 9/1/2005 8,789.18 0.49 12 PSECU Checking Acct. #8006829520(S4) Interest accrued to 9/1/2005 15,860.53 0.12 Total from continuation schedules 53,257.87 3W46AD 1.000 TOTAL (Also enter on line 5 Recaoitulation\ $ (If more space is needed, insert additional sheets ofthe same size) 338,032.20 . . Estate of: Clara D Paul 1.88-24-6745 Schedule E (Page 2) Item No. Description Value at Date of Death 1.3 PSECU Savings Acct. #8006829520(S1.) Interest accrued to 9/1./2005 986.72 0.02 14 QTIP Trust B under the will of Paul E. Paul. Accumulated income to date of death. 419.40 15 Refund, accidental death policy premium 1.7.24 16 Refund, Bank of America credit card 474.26 17 Refunds, credit card ($19.90) and life insurance premium ($6.82) 26.72 18 Refund, Adams Respiratory Therapeutics 2.00 19 Refund of Federal taxes on final 1040 5,457.00 20 Social Security check for August 1,586.00 21. Sovereign Bank Checking Acct. #0771033354 Interest accrued to 9/1./2005 1,808.10 0.01. 22 Sovereign Bank Checking Acct. #1201756332 Interest accrued to 9/1./2005 37,456.61 23.79 23 Household and personal articles Valued per estimate of Executrix 5,000.00 Total (Carry forward to main schedule) 53,257.87 REV-1510 EX + (6-98) . SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Clara D Paul FILE NUMBER 21 20 0831 This schedule must be completed and filed if the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes. DESCRIPTION OF PROPERTY ITEM KllDE THO NAME OF THO TRANSFEREE. THEIR RELATIONSHIP TO DECEDENT AND DATE OF DEATH % OF DECD'S EXCLUSION TAXABLE NUMBER THO DATE OF TRANSFER ATTACHAODPY OF Tf-e DEED FOR REAL ESTATE VALUE OF ASSET INTEREST (IF APPLICABLE\ VALUE 1. The Hartford Variable Annuity, Contract #711011375 Beneficiaries: Decedent's children, Bernadette Paul; Emmanuel Paul; and Gregory Paul 122,287.63 100.0000 0.00 122,287.63 Valued by the agent for The Hartford Company 2 M&T IRA #035004201747374 Beneficiaries: Decedent's children, Bernadette K. Paul; Emmanuel Paul; Gregory Paul 269,438.35 100.0000 0.00 269,438.35 Interest accrued to 9/1/2005 6,553.62 100.0000 6,553.62 Valuation letter attached 3 M&T IRA #035004201910749 Beneficiaries: Decedent's children, Bernadette Paul; Emmanuel Paul; Gregory Paul 125,560.59 100.0000 0.00 125,560.59 Interest accrued to 9/1/2005 727.28 100.0000 727.28 Valuation letter attached 4 Pershing IRA Acct #5W8463098, Beneficiaries: Decedent's children, Bernadette Paul; Emmanuel Paul; Gregory Paul 228,338.38 100.0000 0.00 228,338.38 Valuation attached TOTAL (Also enter on line 7, Recapitulation) $ 752,905.85 (If more space is needed. insert additional sheets ofthe same size) 3W46AF 1.000 REV-1511 EX + (12-99) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Clara D Paul . SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS FILE NUMBER 21 20 0831 ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. Diocese of Harrisburg Cemetery wreath 76.00 Total from continuation schedules . . . . . . . . . 11,275.53 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative(s) Social Security Number(s) I EIN Number of Personal Representative(s) - - Street Address City State Zip Year(s) Commission Paid: 2. Attorney Fees 30,000.00 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 1,260.00 5. Accountant's Fees 6. Tax Return Pre parer's Fees 7. 1 Borough of New Cumberland Utilities, residence 129.60 2 Greg Paul, reimbursement for mailing expenses 103.00 Total from continuation schedules . . . . . . . . . 5,200.29 TOTAL (Also enter on line 9, Recapitulation) $ 48,044.42 Debts of decedent must be reported on Schedule I. 3W46AG 1.000 (If more space is needed, insert additional sheets of the same size) . Estate of: Clara D Paul Item No. 2 Schedule H Part 1 (Page 2) Description Emmanuel M. Paul Reimbursement, funeral expenses Total (Carry forward to main schedule) . 188-24-6745 Amount 11,275.53 11,275.53 . Estate of: Clara D Paul Schedule H Part 7 (Page 2) 3 Home Paramount, renewal of termite contract at residence 4 Mark S. Ulsh Leaf removal and hedge trimming at residence 5 Mark S. Ulsh Snow removal at residence 6 Masland & Barrick, fee for estate administration 7 PAWC Service to residence 8 Pfister & Rompalo, preparation of final income tax returns 9 PPL Service to residence 10 PSECU, new member fee 11 Rhoads & Sinon LLP Reimbursement for out-of-pocket expenses 12 RSR Appraisers, appraisal of residence 13 UGI Utilities Service to residence 14 Verizon Service to residence Total (Carry forward to main schedule) . 188-24-6745 324.36 527.50 144.00 247.50 143.51 835.00 414.41 1.00 1,000.00 350.00 1,059.34 153.67 5,200.29 REV-1512 EX + (12-03) . COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RElURN RESIDENT DECEDENT ESTATE OF Clara D Paul SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS FILE NUMBER 21 20 0831 Report debts incurred by the decedent prior to death which remained unpaid as of the date of death, including unreimbursed medical expenses. ITEM NUMBER 1. DESCRIPTION VALUE AT DATE OF DEATH AT&:T Wireless 57.00 2 AT&:T, service to residence 12.63 3 Borough of New cumberland Utilities, residence 76.99 4 Cingular Final bill 2.08 5 Griswold Special Care Balance due 443.75 6 Lifeline Systems 37.00 7 Mark S. Ulsh Yard services at residence 230.00 8 !!BNA, balance due 180.45 9 PA Department of Revenue, tax due on decedent's final PA 40 270.00 10 Pfister &: Rompalo, PC, accounting services 150.00 11 PPL Service to residence 157.55 12 PSECU VISA 48.89 13 Sovereign Bank, check clearing after death 1,200.00 14 The Patriot-News Co., balance due 1.80 15 UGI Utili ties Service to residence 185.34 3W46AH 2.000 TOTAL (Also enter on line 10, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 3,053.48 REV-1513 EX+ (9-00) . SCHEDULE J BENEFICIARIES COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Clara D Paul FILE NUMBER 21 20 0831 1 NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 (a) (1.2)] Bernadette Paul 612 Linwood Street New Cumberland, PA 17070 RELATIONSHIP TO DECEDENT Do Not List Trustee(s) AMOUNT OR SHARE OF ESTATE NUMBER I M&T IRA #035004201747374 Beneficiaries: Decedent's children, Bernadette K. Paul; Emmanuel Paul; Gregory Paul Inventory Value: 89,812.69 Accrued: 2,184.54 The Hartford Variable Annuity, Contract #711011375 Beneficiaries: Decedent's children, Bernadette Paul; Emmanuel Paul; and Gregory Paul Inventory Value: 40,762.62 Household and personal articles Inventory Value: 1,666.66 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET II NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 3W46A11.000 TOTAL OF PART 11- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET (If more space is needed, insert additional sheets of the same size) $ 0.00 . . Estate of: Clara D Paul 188-24-6745 Schedule J Part 1 (Page 2) Item No. Description Relation Amount 1 Jewelry, watch and locket, valued per appraisal Inventory Value: 56.67 M&T IRA #035004201910749 Beneficiaries: Decedent1s children, Bernadette Paul; Emmanuel Paul; Gregory Paul Inventory Value: 41,853.49 Accrued: 242.43 Pershing IRA Acct #5W8463098, Beneficiaries: Decedent1s children, Bernadette Paul; Emmanuel Paul; Gregory Paul. Inventory Value: 76,112.95 One Third of Residue: 442,373.86 Daughter 695,065.91 . Estate of: Clara D Paul Schedule J Part 1 (Page 3) Item No. Description 2 Emmanuel M. Paul 320 Geary Avenue New Cumberland, PA 17070 Household and personal articles Inventory Value: 1,666.67 Jewelry, watch and locket, valued per appraisal Inventory Value: 56.67 M&T IRA #035004201747374 Beneficiaries: Decedent1s children, Bernadette K. Paul; Emmanuel Paul; Gregory Paul Inventory Value: 89,812.69 Accrued: 2,184.54 M&T IRA #035004201910749 Beneficiaries: Decedent's children, Bernadette Paul; Emmanuel Paul; Gregory Paul Inventory Value: 41,853.61 Accrued: 242.43 Pershing IRA Acct #5W8463098, Beneficiaries: Decedent1s children, Bernadette Paul; Emmanuel Paul; Gregory Paul. Inventory Value: 76,112.72 The Hartford Variable Annuity, Contract #711011375 Beneficiaries: Decedent1s children, Bernadette Paul; Emmanuel Paul; and Gregory Paul Inventory Value: 40,762.50 One Third of Residue: 442,373.86 Son . 188-24-6745 Relation Amount 695,065.69 . Estate of: Clara D Paul Schedule J Part 1 (Page 4) Item No. Description 3 Gregory E. Paul 101 N. New Street Nazareth, PA 18064 Jewelry, watch and locket, valued per appraisal Inventory Value: 56.67 M&T IRA #035004201747374 Beneficiaries: Decedent's children, Bernadette K. Paul; Emmanuel Paul; Gregory Paul Inventory Value: 89,812.96 Accrued: 2,184.54 M&T IRA #035004201910749 Beneficiaries: Decedent's children, Bernadette Paul; Emmanuel Paul; Gregory Paul Inventory Value: 41,853.49 Accrued: 242.43 Pershing IRA Acct #5W8463098, Beneficiaries: Decedent's children, Bernadette Paul; Emmanuel Paul; Gregory Paul. Inventory Value: 76,112.72 The Hartford Variable Annuity, Contract #711011375 Beneficiaries: Decedent's children, Bernadette Paul; Emmanuel Paul; and Gregory Paul Inventory Value: 40,762.50 Household and personal articles Inventory Value: 1,666.67 33.333333 of Residue: 442,373.86 Son . 188-24-6745 Relation Amount 695,065.84 . ESTATE OF CLARA D. PAUL SSN: 188-24-6745 DOD: 09/01/2005 PENNSYLVANIA INHERIT ANCE TAX INDEX TO EXHIBITS Document 1. Last Will and Testament and Codicil 2. Appraisal of residence, 721 Hilltop Drive, New Cumberland, PA 3. Appraisal, coins and currency 4. Appraisal, jewelry 5. Bank letter for M&T IRA Accounts 6. Valuation for Pershing IRA . Return Reference Page 1, line 6 '-- Schedule A Schedule E, Item 5 Schedule E, Item 10 Schedule G, Items 2, 3 Schedule I, Item 4 , ;". HWR/21553/tqS/7-B-92/#2 . HWR/11-4-9B/tqs/230791/#2 .' . . ~' ~~ <;,0. LAST WILL AND TESTAMENT OF CLARA D. PAUL I, CLARA D. PAUL, of New Cumberland, Cumberland County, Pennsylvania, being of sound and disposing mind and memory, do make, publish and declare this to be my Last Will and Testament, hereby revoking all Wills and Codicils by me at any time previously made. ITEM I: All inheritance, estate and similar taxes becoming due by reason of my death ("Death Taxes"), whether such Death Taxes shall be payable by my estate or by any recipient of any property, shall be paid by my Executor out of the property passing under ITEM IV of this Will, or if none, then under ITEM V, as an expense and cost of administration of my estate. My Executor shall have no duty or obligation to obtain reimbursement for any Death Taxes paid by my Executor, even though paid with respect to proceeds of insurance or other property not passing under this Will. ITEM II: I hereby exercise all powers of" appointment which I may have at.the time of my death in favor of my Executor, and all property subject to all such powers of appointment shall be included in my estate and be governed by the Page 1 of 12 pages . . provisions of this Will; provided, however, that I specifically decline to exercise any power of appointment given to me in any Will, Codicil, Agreement of Trust or other instrument executed by my husband, PAUL E.PAUL ("My Hu~band"). ITEM III: I give and bequeath-all of my household furniture and furnishings, automobiles, books, pictures, jewelry, china, crystal, appliances, silverware, wearing apparel and all other like articles of household or personal use or adornment to My Husband, if he survives me. If he does not survive me, I give such articles to my then living children in as nearly equal shares as they shall select under the supervision of my Executor. If any such articles cannot be fairly divided or distributed in kind in the opinion of my Executor, such articles shall be sold and the proceeds thereof shall pass as a part of my residuary estate. ITEM IV: If My Husband survives me and my probate estate exceeds One Hundred Thousand Dollars ($100,000), I give, devise and bequeath to my Trustee hereinafter named, IN TRUST NEVERTHELESS, to be held, administered and disposed of in accordance with this ITEM for the benefit of My Husband and my issue (herein referred to as the "Unified Credit Trust") an amount equal to the sum of the balance of the dollar amount not taxed in my estate due to the application to my estate of (i) the Page 2 of 12 pages . . applicable credit amount against federal estate tax permitted under Section 2010 of the Internal Revenue Code of 1986, as amended, or any subsequent successor or parallel provision thereto (the "Applicable Credit Amount"), after deducting therefrom the value, for federal estate tax purposes, of (a) assets included in my federal gross estate which pass or have passed other than under the terms of this Will and which will utilize a portion of the Applicable Credit Amount, (b) any bequests under the preceding ITEMS of this Will which will utilize a portion of the Applicable Credit Amount and (c) adjusted taxable gifts not included in my federal gross estate but included in the computation of the tentative federal estate tax in my estate; and (ii) the state death tax credit allowed for federal' estate tax purposes (but only to the extent its use will not increase any Death Taxes, other than Pennsylvania Inheritance or Pennsylvania Estate Taxes, owing by my estate). My Trustee shall have, hold, manage, invest and reinvest the assets of the Unified Credit Trust, collect the income and (a) Beginning at my death, my Trustee shall pay over the net income of the Unified Credit Trust to My Husband during his lifetime, in installments not less frequently than quarterly. In addition, my Trustee shall pay such amounts of the principal of such trust as, in the sole discretion of my Trustee, shall be necessary for the maintenance, support and medical and nursing Page 3 of 12 pages . .. care of My Husband, taking into consideration any other means readily available for such purposes. (b) During the life of My Husband, my Trustee shall pay to My Husband from the principal of the Unified Credit Trust at any time and from time to time such sums or specific assets as My Husband may designate by written notice to my Trustee; provided, however, that no withdrawal, when added to the aggregate amount or value previously withdrawn by My Husband pursuant to this subparagraph (b), during the calendar year in which the withdrawal is to be made, shall exceed the greater of (1) $5,000 or (2) five (5%) percent of the aggregate value of the Unified Credit Trust at the time of such withdrawal. (c) Upon the death of the survivor of My Husband and me, my Trustee shall distribute the principal and any undistributed income of the Unified Credit Trust to my issue then living, per stirpes; provided, however, that should any such issue be the issue of a deceased child of mine and shall not then have attained the age of twenty-one years, each such issue's share shall be retained by my Trustee, IN TRUST NEVERTHELESS; each to be held, administered and disposed of as a separate trust estate in accordance with ITEM VI for the benefit of each such issue (the "Grandchild's Trust") . If I have no issue then living, all such assets shall be distributed in accordance with ITEM VII of this Will. ITEM V: I give, devise and bequeath all the rest and residue of my property, real, personal and mixed, not disposed of in the preceding portions of this Will to My Husband, Page 4 of 12 pages . . PAUL E. PAUL, if he survives me; or if he does not survive me, to my issue living at my death, per stirpes. ITEM VI: My Trustee shall have, hold, manage, invest and reinvest the assets of each Grandchild's Trust, collect the income and (a) Until the beneficiary of the Grandchild's Trust (the "Grandchild") shall have attained the age of twenty-one years, my Trustee shall from time to time pay to or for the benefit of the Grandchild such amounts of the net income and principal of the Grand- child's Trust as, in the sole discretion of my Trustee, shall be necessary for the Grandchild's maintenance, support, medical and nursing care and education, including college and graduate education, taking into consideration any other means readily available for such purposes. At the end of each year any unexpended income shall be added to the principal of the Grandchild's Trust. (b) After the Grandchild shall have attained the age of twenty-one years, my Trustee shall distribute the remaining principal and any undistributed income of the Grandchild's Trust outright to the Grandchild; or, if the Grandchild sh~ll have died before attaining that age, my Trustee shall distribute the then remaining principal and any undistributed income to the issue then living of the parent of the Grandchild who was a child of mine, per stirpes; or, if such parent shall have no issue then living, to my issue then living, per stirpes. If I have no issue then living, all such assets shall be distributed in accordance with ITEM VII of this Will. Page 5 of 12 pages . . ITEM VII: I give, devise and bequeath any assets to be distributed in accordance with this ITEM as follows: (a) One-half (1/2) to the ROMAN CATHOLIC DIOCESE OF HARRISBURG, 4800 Union Deposit Road, Harrisburg, Pennsylvania. (d) One-half (1/2) to CARLOW COLLEGE, 3333 5th Avenue, Pittsburgh, Pennsylvania. ITEM VIII: No interest in income or principal of my estate or any trust created hereunder shall be subject to attachment, levy or seizure by any creditor, spouse, assignee or trustee or receiver in bankruptcy of any beneficiary of my estate or of any trust created hereunder prior to the beneficiary's actual receipt thereof. My Executor or Trustee shall pay over the net income and the principal to the beneficiaries herein designated, as their interests may appear, without regard to any attempted anticipation (except as may be specifically provided herein), pledging or assignment by any beneficiary of my estate or of any trust created hereunder and without regard to any claim thereto or attempted levy, attachment, seizure or other process against said beneficiary. ITEM IX: Any person who shall have died at 'the same time as I or under such circumstances that it is difficult or impossible to determine who shall have died first, shall be deemed to have predeceased me. Page 6 of 12 pages . . ITEM X: In the settlement of my estate and during the continuance of any trust created hereunder, my Executor and my Trustee shall possess, among others, the following powers to be exercised ,for the best interests of the beneficiaries; subject, however, to the restrictions set forth below: (a) To retain any investments I may have at my death so long as my Executor or Trustee may deem it advisable to my estate or trust so to do. (b) To vary investments, when deemed desirable by my Executor or Trustee, and to invest in such bonds, stocks, notes, real estate mortgages or other securities or in such other real or personal property as my Executor or Trustee shall deem wise, without being r~stricted to so called "legal investments." (c) In order to effect a division of the principal of my estate or trust or for any other purpose, including any final distribution of my estate or trust, my Executor or Trustee is authorized to make said divisions or distributions of the personalty and realty partly or wholly in kind. If such division or distribution is made in "kind, said assets shall be divided or distributed at their respective values on the date or dates of their division or distribution. In making any division or distribution in kind, my Executor or Trustee shall divide or distribute said assets in a manner which will fairly allocate any unrealized appreciation among the beneficiaries. Page 7 of 12 pages . . (d) To sell either at public or private sale 'and upon such terms and conditions as my Executor or Trustee may deem advantageous to my estate or trust, any or all ,real or personal estate or interest therein owned by my estate or trust severally or in conjunction with other persons or acquired after my death by my Executor or Trustee, and to consummate said sale or sales by sufficient deeds or other instruments to the purchaser or purchasers, conveying a fee simple title, free and clear of all trust and without obligation or liability of the purchaser or purchasers to see to the application of the purchase money or to make inquiry into the validity of said sale or sales; also, to make, execute, acknowledge and deliver any and all deeds, assignments, options or other writings which may be necessary or desirable in carrying out any of the powers conferred upon my Executor or Trustee in this paragraph or elsewhere in this Will. (e) To mortgage real estate; provided, however, that this provision shall not apply to real estate which is an asset of any portion of the QTIP Trust qualified for the federal estate tax marital deduction; and to make leases of real estate for any term. (f) ~o borrow money from any party, including my Executor or Trustee, to pay indebtedness of mine or of my estate or trust, expenses of administration, Death Taxes or other taxes. (g) From the same source as from which Death Taxes are to be paid in accordance with ITEM I, to pay all costs, Death Taxes or other taxes, expenses and charges in- .connection with the administration of my estate or trust, and my Executor shall pay the expenses of my last illness and funeral expenses. Page 8 of 12 pages :. . '(h) To vote any shares of stock which form a part of my estate or trust and to otherwise exercise all the powers incident to the ownership of such stock and to actively manage and operate any incorporated or unincorporated business, including any joint ventures and partnerships, and to incorporate any such unincorporated business, with all the rights and powers of any owner thereof. (i) In the discretion of my Executor or Trustee, to unite with other owners of similar property in carrying out any plans for the reorganization of any corporation or company whose securities form a part of my estate or trust. (j) To assign to and hold in my-estate or trust an undivided portion of any asset. (k) To hold investments in the name of a nominee. (1) To compromise controversies. (m) To employ and compensate from income or principal, in the discretion of my Executor or Trustee, investment and legal counsel, accountants, brokers and other specialists, and, whenever there shall be no corporate Executor or Trustee in office, a corporate custodian, and to delegate to investment counsel discretion with respect to the investment and reinvestment of any or all of the assets held hereunder. ITEM XI: In the settlement of my estate: (a) My Executor shall not be personally liable for any loss to my estate or to any beneficiary of my es'tate resulting from an election made in good faith to claim a deduction as an income tax deduction or as an estate tax deduction; nor, as a result of Page 9 of 12 pages . . such election, shall any compensating adjustments be made between income and principal or in the amount of any gift under this Will to my spouse intended to qualify for the marital deduction for federal estate tax purposes. (b) In valuing property in my gross estate for the purposes of any Death Tax, my Executor shall not be personally liable for any loss to my estate or to any beneficiary of my estate resulting from my Executor's decision made in good faith to use a particular valuation date. ITEM XII: If there should be established by My Husband, either in his Last Will and Testament or by.inter vivos Deed or Agreement, trusts similar to the trusts herein established for the benefit of my issue, my Trustee herein shall have the right and power to merge trusts herein established with similar trusts for the same beneficiaries established by My Husband and to operate each of the merged trusts as a single trust. ITEM XIII: -I hereby nominate, constitute and appoint my husband, PAUL E. PAUL, to be my Executor. In the -event of the death, resignation, refusal or inability of my said husband to act as my Executor, my daughter, BERNADETTE PAUL, shall serve as my Executrix, or in the event ~f her death, resignation, refusal or inability to act, then my sons, EMMANUEL M. PAUL and GREGORY E. PAUL, or the survivor of them, shall serve Page 10 of 12 pages . . as my Executor. My Executor specifically is relieved from the duty or obligation of filing any bond or other security. ITEM XIV: I hereby appoint my daughter, BERNADETTE PAUL, as Trustee of any trust created hereunder. If for any reason my daughter should fail or cease to act, I appoint DAUPHIN DEPOSIT BANK AND TRUST COMPANY, as Trustee in her place. An individual Trustee shall be deemed to have failed to serve as Trustee hereunder if, among other reasons, the treating physician of said individual Trustee shall certify in writing that such Trustee possesses permanent mental or physica-l incapacities which preclude such Trustee from discharging his or her duties as Trustee hereunder. Any Trustee serving hereunder shall have the right to resign from such office at any time, with or without cause and without court approval. My Husband during his lifetime and thereafter my children (or the sole surviving child) shall have the power to remove any corporate Trustee but shall- replace such Trustee with another corporate Trustee, all by written notice delivered to the Trustee and effective without court approval. N6 successor Trustee shall be liable for the actions of a resigning or removed Trustee occurring prior to such successor Trustee taking office. All references in this Will to my ~Trustee" shall refer to my originally named Trustee or to my successor Trustee, as the case may be. Page 11 of 12 pages . . ITEM XV,: Any Guardian, Executor or Trustee shall qualify and serve without the duty or obligation of filing any bond or other security. Any corporate fiduciary shall be entitled to compensation for services in accordance with the standard schedule of fees in effect when the services are rendered. IN WITNESS WHEREOF, I have set my hand and seal to this, my Last Will and Testament, consisting of this and the preceding eleven (11) pages, this 5'~day Of~~'~ 1998. ~<-~~~ ~RA D. P UL ./ ( SEAL) We, the undersigned, hereby certify that the foregoing Will was signed, sealed, published and declared by the above- named Testatrix as and for her Last Will and Testament, in the .presence of us, who, at her request and in her presence and in the presence of each other, have hereunto set our hands and seals the day and year above written, and we certify that at the time of the execution thereof, the said Testatrix was of sound and disposing mind and memory. i' ( SEAL) Residing at: ~ l<t tf;t~h,j '/J~ Q)~ Residing at: 63/7'.-[4'-,..11 ~ ere-Cli.o. /l?ec4~~.rL""J I ~.4 "', Residing at: /t1/tJ ;t/e~~~ ~~ -d_(SEALl , . r~ ~(,4:~......{SEAL) /~~ -, ~A '17d.::J6 Page 12 of 12 pages . . ." -- - .... \' ~ --- . -....... ........ . ... .. -~ -.. ".' ,.'- '--.........."" .~ CODICIL ~ -/ ~~ ~ TO THE LAST WILL AND TESTAMENT OF CLARA D. PAUL I, CLARA D. PAUL, of New Cumberland, Cumberland County, Pennsylvania, being of sound and disposing mind and memory, do make, publish and declare this to be a Codicil to my Last Will and Testament dated November 5, 1998. I hereby revoke ITEM VII of my said Last Will and Testament and in lieu thereof substitute the following ITEM VII: "ITEM VII: I give, devise and bequeath any assets to be distributed in accordance with this ITEM as follows: (a) One-third to the ROMAN CATHOLIC DIOCESE OF HARRISBURG, 4800 Union Deposit Road, Harrisburg, Pennsylvani? (b) One-third to THE JESUIT SEMINARY GUILD OF THE SOCIETY OF JESUS OF NEW ENGLAND, P.O. Box 799, Back Bay Annex, Boston, Massachusetts 02117-0799. (c) One-third to CARLOW COLLEGE, 3333 Fifth Avenue, Pittsburgh, Pennsylvania." IN WITNESS WHEREOF, I have hereunto set my hand and 394644.1 Page 1 of 2 Pages _ # .. .-.- , ;;~!:I~ ^ I '1 . il , I ..:1 ; : j / ,. ~~SEALJ Clara D. Paul We, the undersigned, hereby certify that the foregoing Codicil was signed, sealed, published and declared by the above- named Testatrix as and for a Codicil to her Last Will and Testament, in the presence of us, who at her request and in her presence and in the presence of each other, have hereunto set our hands and seals the day and year above written, and we certify that at the time of.the execution thereof, the said Testatrix was of sound and disposing mind and memory. td70f{ E Walnt.tr 4/?i~r- JJ -Jf2./En 41 (!oII,rla~ (SEAL) Residing ~/1~;nan,jJlZv.n AL . I'7DII-~ 7~J? Residing at: /t:'l~ ~d ~~ . , ~~ ~,f-. /7d25 , H: ..........~ (SEAL) ( SEAL) Residing at: l.'> Page 2 of 2 Page~ 2 \ \ \ I I I \ I \ I \ I I I \ I \ . \ I I I I I \ I I I . aj-20-05 RS REA ORS APPRAISAL OF A SINGLE FAMILY RESIDENCE LOCATION :721 Hilltop Drive New Cumberland PA 17070 CLIENT : Bc:madctte Paul 612 Linwood Street, New Cumberland, PA 17070 AS OF DATE : September 1,2005 A P P R A J S E R :RSR Appraisers &. Analysts RSR REALTORS -- ____..H - i. ~- - -- .--..--- -~.- -~ '-~._-~a------_._--_.'- ..- .. Property Description .~ORM RESIDENTIAL APPRAISAL REPO. File No. aj-20-05 Prooertv Address 721 Hilltotl Drive City New Cumberland . State PA liD Code 17070 Leaal Descriotion Deed Book Parle County Cumberland Assessor's Parcel No. 26-24-0809-437 Tax Year 2005 R.E. Taxes S 2 4S0SllI'lCial Assessments S; Borrower N/A Current OwnAr R~te oCCIRI"Il D. Paul n",.lInAnt: -T I Owner ITenant I x !Vacant Prooertv rltlht$ aonraised I x I'Fee Simme l Leasehold PmiAd TIlDe PUD 1 lCondominium IHUDNA onlY) HOAS /Mo. Neiahbothood or Proiect Name Drexel Hills Mao Reference 26-24-0809-437 Census Tract 107 Sale Price $N/A Date of Sale N/A DescrlDlIon and Samountolloan chalgeslconcessions to be DBid bvseller LenderlClient Bernadette Paul Address 612 Linwood Street.:New Cumberland. PA 17070 AODllliser RSR A ... A"RJ.""" Add- 3 I~ovne Drive Suite 1M J .......0' "'" J>A 17043 Location _ Urban ,..!. Suburtllwl ~ Rural PredomInant !,i1Jlt~ family ho~, PI'IIIllt land use % Land use c~ Built up ...!.. O\/Elf15% ~ 25-75% ~ Under25% ~upancy ~ t'iSl One family ~ G]Notllksly ULikely Growth rate i- Rapid ~ Stable ~ Slow ...!.. Owner 72 ~ Low ---1i 2-4 family ----1 0 In process Property value ,..!. Increasing ~ Stable ~ Declining _ Tenant 27 300 Hioh 80 Multi-family ~ To: Oem~ ,x Shortage r- In balance~ Over supply _ Vacant (0-5%) Predominant . Comrnen:lal 4 Marketino time x Under 3 mos. 3-6 mcs. OYer 6 mas. VllC8l1llover 5%\ I SO 40 Note: Race and the racial composition of the neighborhood are not appraisal factors. NelghborhDOCl boundarieS and characteristics: The subiect is located in the Drexel Hills section ofNcw Cumberland. PA. Factors that aIfact the marketabilty of the properties In the neighborllDod (proximity to employment and amenities, employment stability, appeal to market, etc.): The subiect neiehborhood has access within three miles to the Pennsvlvania Tunmike. 1-83. and Route 581. The Citv of HarrisburR.. the State Clmitol within three mUes. Schools. shOtl1)ina. restaurants. entertainment. and retail services are within wallcinll distance. Emnlovment in the area is stable with less than 3% uncmDloved The subicctneillhborhood has I!OOd curb aooea1. . Market cordtlons i11he sWIject neighborhood (lnduding support tlr the IIbolIe llOIICIusions /llJaIad ID the 1Iend of properly vaIue6, demandlsupply.lIIld ~ lime . . such as dIIa on compeliliwl proplII'Iles for sale in the n81ghborhood, description of the pl'8V8lence of sales and IInancing concessions, ek:.): This area has sold 1.608 onmerties as ofSeotembc:r 30. 2005 with an avera2e tlTice of Sl04.723. Sellers received 98.72% aftheir aslcin2 Drice. The aver82C time on the market was 87 davs. . Project InformlItIon for PUDa (If applicable) - -Is the developerlbulk:ler in control of1he Home Owner's AssocIation (HOA)? UYea WNo Approximate total number of units in the subject project Appmximate total number of units for sale In the subjeCt project Describe mrnmon elements and racreational facilities: Dimensions lQOx ]7<; Topography Sloned Site area .40 Acres Comer Lot UVes WNO Size .40 Acres . Specific zoning classification and ctascriptioo ROl Residential Shape Reccan2lllar Zoning compliance W L~'~tll~al ~T'. (GlllI1dlalhered use) U Illegal UNO zoning Drainage Good Hiahesl & best use lIS inIIroIIed: l~r-'~ use I Other use IAXnIain' VifJ/W Riverrrrecs . Utllltles P,Y!!!ic Other Off..1te Improvements Type ~r: p~ Landscaping Good : Electricity x street A$phalt ~ ~ Driveway surface Brick Gas x Curb/gutter Concrete i-A. ~ Apparent easemantB None Water x Sidewalk Concrete i-A. >-- FEMASpeclaIFIoodHazafdA/ea UYes WNo Sanitary sewer I x Street lights Fluorescent ~ ~ FEMA Zone A Map Date 02116/1977 Stann sewer x Allav None FEMA Man No. 420366B Comments (apparent adIIarse 8115emenls.lIllCIOIIChmenl6, sper:ialllSSllliSllMlll slide IIIIlllS, llegel or legal nonconfonning zcning use. etc.): None Aonarenl GENERAl DESCRIPTION EXTERIOR DESCRIPTION FOUNDATION . No. of Units 1 FOUndatiorl Block Slab No . No. of Stories 1 Exterior Walls !:;mnelSidin~ Crawl Space No Type (Det.lAtl) Oct. Roof SUrface AsDhlt Shin2le Basement Yes Design (Style) Ranch GI$ts & DwnspIa. Alum SLlTlp Pump No Existing/Proposed Existinll Window Type Obi Hun!! Dampness No Age (Yrs.) 1961 StormlSaeen$ YeslYes Settlement No Efr8cIive AlIECYrs.l 20-40 MarUsctured House No Infestation No ROOMS FOWlt LivinQ Dinino KitcllAn Den FamBVRm. Rae. Rm. . Basement 1 1 Level 1 1 2 ] LAvel2 BASEMENT Area Sq. Ft. % Finished Ceiling Walls Floor OU1skIe Entry 2~=~nON ~ Droo Walla_ Panel F1oor_ CrntlTile None Yes Unknown _ x Bedrooms # Baths lAundrY .5 3 2 other Area 8o.Ft I 2.730 2260 Finished area above ora 7RMm' 3 BedrotlmCJl\. 2.0 Bathc,,\' ... --- MIlO Area INTERIOR MaIeriaIsICondllion HEATING KiTCHEN EQUI~ ATTIC r-- AMENITIES - CAR STORAGE: Floors CrntJTjle Type FA (2\ Refrigerator ...!.. None I-- Fireplace{s) # ----1...!.. None 0 Walla Drvwa.II Fuel Gas RangeJOven ...!.. Stairs I-- Patio Garage 2# of cars '. TrimlFinish Wood ICondilicn Oood Disposal ...!.. Drop Stair I-- Deck x Attached Yes Bath Floor Tile COOUNG Dishwasher...!.. Scuttle ~ Porch x Detached Bath Wainscot Ceramic Central CAC Fan/Hood ...!.. Floor ~ Fence Built-In Doors Wood Other Microwave _ Heated I-- Pool Carport ICmdIIiM WBllIw'IDrvAr x Finished Drivewav Brick Additional features (special energy efficient Items, etc.): Storm windows and doors. . Condition of the improvements, depreciation (physical, functional and external). repairs needed, quality of construction, remodeling/additions. etc.: The subiect has a finished basement. The furnaces are less than three vears old. The 8Doliances in the kilchen are also less than three vears old. Adverse environmental conditions (such as, but not limited to. hazardous wastes, toxic substances, etc.) present in the improvements, on the site, ; nr in the immediate vicinity of the subject property: None aoDarent . but the 8Doraisers are nOI extlCl'tS in this field. !lOCI" MIIC Form 70 &-93 RSR REALTORS .._" v.." _.......!'~.I,l!!!'8Hltm 1004 8-11' : PcweredEly 1r:!!;.,r..iO'lO..... .11 ,-..- . -'_.__._--~---_. Valuation SectIon ESTIMATED SITE VALUE................. ....... = $ ESTIMATED REPRODUCTION COST-NEW-OF IMPROVEMENTS: Dwelling 2.260 Sq. Ft. @ = $ 0 Bsmt 2 730 Sq. Ft. @ = 0 File No. aj-20-o5 Comments on Cost App en (such as, source of cost estimate, site value, square foot calculation and for HUD. VA and FmHA, the estimated remaining economic life of the property): The Cost Annroach was not considered. Ganlge/CerplXt _ Sq. Ft. @ = Total Estimated Cost New . . . . . . . . . . . .. = $ 0 Physical Fundional Extemal Less Depreciation I I = $ Depreciated Value of Improvements. . . . . . . . . . . . . . .. = s "As-js" Value of Site Improvements. . . . . .. . . . . . .. . .. = $ INDICATED VAlUE BY COST APPROACH. . .. . . = !I: n ITEM SUBJECT COMPARABLE NO. 1 COMPARABLE NO.2 COMPARABLE NO.3 Address 721 Hilltop Drive 727 Hilltop Drive 2()S Fineview Road 427. BlacldlllCh Lane New Cum....rl..ntl PA 17070 New Cumherland- PA 17070 New CnmhN-I..ntl PA 17070 New Cumberland PA 17070 tJRlXimirv to Suhioocl 3 Houses 115 Miles .5 Miles ~a'- pm. Is NlA k 185 \ 195 000 195500 PricelGross Uv. Areals ols 97.:221 9O.4!?1!! 98~ . Data and/or Verification Sr>urr.A Itn~on VALUE ADJUSTMENTS RIPTlON Sales or financing o o CPML DESCRIPTION CPMI.. Dj:SCRIPTlnN .. . Date of SaIelTIITle II~ .-. SimIe NlA ~lIburben !:'ee Simnle Fee SimDle 40 Acres .47 Acn:s ~ubUl'ban Similar ~ Traclltiona1 nnnd nood ~] 1959 A........... A vt:rIl!e TotaIlBdrrnA I RAIIllI. TolBI IBdrrnA I BlIfIa 71 31 2.0 81 31 2 ~ 'L26OSa. Ft. 1 888Se. Ft. Partial Finished SimilllT F AlGas/CAC Stonns 2 Carl AttachM Patio 1FP None 15 000 0410812005 (J I Suburban Fee Simnle o _'23 Aa'es ~ N' o Ranch o Oood ~ 19n o A Vl'lftWI! o To!III IBdrrn91 Baths o 71 31 2 10.000 2 155So. Fl o Partial Finished o Sil1ll1aT o FA/Oil/CAC Stonos a 2 Car/Attached I,SOO Porch o IFP None 1211012004 I Site I v....., ! DRsian and Aooe.al ! OoUllJlv of !An9 . Condition /VJaIIe Gracie Room Count Gross Livino Atea Basement & Finished J:'ull Rooms Below Grade Finished Fundinnal Utilif\t A v~ Heatina/Coolino FA {Zl Gas/CAC Enernv EffICient Item ~~ rt ~ r.ar/AUached Porch. Patio. Deck. DeckIPorch , Fi~s\ At". 1 FP Fence Pool ete. lNone CPML DESCRIPTION BOO 1213012004 n I Suburbllln Fee Simole 1 S.OOO .40 Acres 1 snoo Neillhborhood o Ranch ~ Oood -10000 1959 o Good o TotlII IBdrmsl ElIIIh&. 2,500 81 31 2 o 1 97580. Ft. o Partial Unfinished a Similar o BBlHWlOil/CAC Stonns . o 2 CaT/Attached 1,500 Porch o 1 FP None ....... - .--11. 15.000 -0 o 15_DOO o o o -20 000 o 2,500 7500 o 7500 o o o 1,500 D NetAtfi.flnts,'l Ilxl+ 1- Is 26500ilxl+1 I. lit 3lSoolxl+ I 1- Is 29000 Adjusted Sales Price 14.32 % Net I 16.15 % Net I 14.83 % Net I of ComMl'lIble 14.32 % ~rs Is 211.500 26.41 "" Grs Ie ??6500 35.29 % Grs Is 224.500 Commerrts on Sales Comparison (including the subject property's compatibility to the neighborhood, etc.): Paired sales.. market data and research used 10 determine the best colllDll!'llbles in the area. UIlWlII'd adiustments were made: to all comnarables for time due to the incrcasinl!: mlll'kct in this area. UDward adiustments were made to comnarable #2 and #3 for the view. There is cum:ntlv an offer oendinI!: for 615 Hi/hoD Drive. less than eilzht houses from the subiect. for 5235.000. This nroDertv is verY similar to the subiect. The Market Aonroach vielded a value ratll!:e of $211.500 to . 5226.500. . ITEM SUBJECT COMPARABLE NO.1 COMPARABLE NO.2 COMPARABLE NO.3 Date, Price. and Data Scuce. for prior sales ~/A N1A N1A N/A i within _ of RmrIli...A1 Analysis of any current agreement of sale. option, or listing of the subject property and analysis of any prior sales of subjed and campBrables . within one year of the date of appraiaal: The subiect and comnarab!es settled and closed on the dates above. The subiect or comnarables have not sold within the orevious three vears. INDICATED VALUE BY SALES COMPARISON APPROACH... ........................... ................. $ 220.000 INDICATED VALUE BY INCOIII; APPROACH IIf Marllel RentS. IUI\. x Gross Rent MulliDliRr = S N/A This appraisal is made Was ill" TISIJbject 10 I8plIirs, aII8raIions. inspec1ioos or conditions listed bekM Usubjecllo completion per pllIns slid speci/icalicns. Conditions of Appraisal: See Statement ofLimitinsr Conditions and Soccia! Conditions Addendum. This aoDJ'llisai is heine done for the Estate of Clara D. Paul. . Final Reconciliation: The Cost ADDI'OlICh \YlIS not considered due to the aRe of the Dronertv. A midranl!e value ofS220.ooo was established. The purpose of Ihis appIlIissl is III esIimaIe the IIlIIIkeI V8Iu& d the real prcperty Ihal is the subjBc:t of this report. based on the allow conditions and the certification. eontIngent II1d IImIIIng conditions. a~llI value defirilion lhslll8 slaledrP Freddie Mac Form 4391Fannie Mae Form 10048 (R1NIsed ). I (WE) ESTIMATE THE I VALUE ASD~,OFTI LPROPERTYnfAT IS THE SUBJeCT O. FTltIS REPORT. AS OF Scotember I. 2005 (WHICH IS THE DA ~ON IANI THE ~FF DATE OF THIS REPORT) TO BE 220.000 . APPRAISER: SUPERVI-.a._..' .ARAI ER (ONLY IF REQUIRE,..Q.l: Sianature }rj - Sianature '^:!... - ,,~. lKJDid DDicI Not Name Arthur F. J"'~ Jr. I I / NamA W. &e; ~ Inspect Property I Date Reoort Sianed Deceinber 6. 2005 v v Date Reoort Sianed ~ber 6. 2005 State Certification # Asst. To Cmtified PA ADDraiser State State Certification # GA-OOl S38-L ! "'- -.. ~ 1':t..... arm 70 &-93 state P A RtAt.. t-llnnle ... Form l00't 6-93 SUBJECT PHOTOGRAPH ADDENDUM . J'.20-05 County Cumberland Stale ~ZipCode 17070 :. }: /;\z~\.t;l:; :;::1 - ,; .'.."- . ; :.~i;H?'~.;,~~;~~'i' :>F' ." ",;tn~.!;l:;:~~~~ <1.,"'~ . . ~ . ~~:-. FRONT OF SUBJECT PROPERTY REAR OF SUBJEcr PROPERTY STREET SCENE RSR REALTORS -~.._-...._.._. .--....-.---...-. .-. ..~ - -_._._--------_._.~--- - ~.- .--J7/W ~~ - (:/~~ II; : ."~ '-l ~ '. ....... .'-- \~ ___~ rrflT ' ~,~.. CO" ~ "f'0" ' \\. ~./C'.. _ j ifF';, :c.... ~1\\ .36IU' ~y .', L11"'~ . ~ ~ \....... '" ~');a" t i~!~.~'_J h. ~ \ i:. V ot \I'll\ } "l:G A'\;" ~ \: ..:l .'(:~ "";;; ';11 ~ liCl ce ~. "~tJ ?'''' .... i ~- ~':>.~ <~ \~> ~,~\~\. ~;_>_.:.~, '- t. ~ "Cl.\'\)I(.. ~ ~ ,\' "( ~~\ ~' ~..."";'!, i f\\;~~ \,,~M ~..'''' ?d~ ~~ '\~ ~ . :.,.... ~~~~~_ 0/W};)' , \~... ~ ~\ ...,~rep.'LY' "', " . ~l)o ~ ~ ~'<; .~ ~".x r;Jk{-;.-",J:(--' "'l ~ is.... ~. ~ k~;:"::'(;~'., ....... -..:::: \81' ... ~ ~.... '7 H/Y. rID': !""",;,"" ~" ~ D " ,,' ~~/'~,..: r\'1 .l~ '(7"[/)".. f-.. :-r"'. ~ ~ S'\l.b)ec\""""~ t\ ~ ~ ~ ~ \1 "0" ~.r ' ,/.' ;',::.:: L.. / l l7 V<7 \~'\ ..".,.. 'r~ 5J 1,1> \~" ilP~~ 7 . ,..' " l'Il ..&\ 'fi 6Il' v' ~ ~ k~ ~ capi\ltICi'rl ~y;.>~;; ~ \00' ~r_ ~..7/~ ~~i"' ,t~' C1 $ if.. .>,:.,./' .>.~~ , ,5 7;' ~~~'1 ~,. l' 71' \~.'.. r:I,\Al .... ~..'~ :rEF:. /.':.'" P""'7i'.\ r ./ ~~~ ~~\"",,,'~cl' ~ \ )" .. .M'1IlI' r~ "'\. 'I. ~ ..., '.' ~ ..~ \~~v '._ j :~9- ~ ~X-?O ~~(!'7f:i) .J"- ,,"'" _;J "'J ) , ~\ -~~ Irn~ . << "'0; "i\ r' ~ ~ "it- -_",' ",J (1/ -lor '" y.7;~ ~ - (1 ~ / ~c:.._ _ V"M;;' ;::~\ ~ ..... . /"'-.... 'Il:\ - "!IF ~ \ ~~~~ ~ .'. '\1. ~ ~ '~~USOU-~H4J' '\S . ~ ~ ~/ ~7 ~ _ - \1 ,~-(flO ~ I (, \ -... ""'- l'I'I \ . - ) ~M"" -\ L~ -;..~:ift r_~ \ )~t~~ ~~===~//- t.!j!}\;~G . ..-------.- . suees~ _..-~ ~\ . .__ __----r--. ~ ~ .... "tI, ~~ ~, ~~~~ e ~~"%9~ ~~~~~ ~~ :iM ~ ..~~~: ~.d.rA \- "\ \~ ~I: ~ .L .~, 'I[......u ~~ ~ ~' Y~'l~ ~~l:} ~ ,,~ 19 1I11fli! ~ M _.--.------ . ~OMPARABLES PHOTOGRAPH ADDENDU. '-20-05 Borrower N/A Property Addru$ 721 HiII100 Drive City New Cumberl8lld Lender RemadetIe Paul Coun1;y Cumberland S1IIte ~Zip Code 17079 COMPARABLE SALt: 111 727 Hilltop DriYe New Cumberland, PA 17070 Date of Sa1e ; Sale Price Sq. Ft. S / Sq. Fl 12/1012004 .115,000 1,888 97.99 COMPARABLE SALE #12 205 Fiocview Roed RSR REALTORS NewCumbcrlaud. PA 17070 Date of Sale : Sale Price Sq.Fl $/Sq. Ft. 04lO&l2OO5 195,000 2,155 90.49 COMPARABLE SALE" 3 427 B1acklatch Lane New Cumberland, P A 17070 Dale of Sale : Sale Price Sq. Ft. S/Sq. Ft 12/30/2004 195,500 1,975 98.99 "~~~ =- \~m-7..',----, "~-.'~:~~~"",""-~.':-'..."..".'..'......;.'~"'.', '.-.'.'i..- . ~'. . .....'.......... ....':....:...:. .~ : . ----. .. .., ,..',.... ........ .. '.' Comparables Map "'~.'.' .,~ ~ ....- ...--.-.------ _. -.--.--,-.---'.-.-....-.-.---,.- ~-_._--_._- - . .'- -......_._-_._...---_.._-~-~---- Detailed Results for Parcel r- "- DistrictNo 26 Parcel ID 26-24-0809-437. MapSuftix BouseNo 721 Direction Street H~TOP DRIVE O"nerl PAUL, CLARA D C/O PropType R PropDesc Liv Area 1492 CurLandVal 40000 CurlmpVaI 134840 CurTotVal 174840 CurPrefVal Acrellge 0.4 CIGmStat TaxEx 1 SaleAmt SaJeMo SaleDa SaleCe SaleYr DeedBkPage YearBJt 1961 HF _File_Date 1012512004 HF _Approval_Statu. A 0809-437. in the 2004 Tax Assessment D. ,e art jones , ~ " 1'0 ~I lIlli . )..... . l\O ... ,.,..\.. ji. .-- (~~~;~" ------- .- - ~ o II) :E ~ ~ i:i lll! :::i ~ ? ~ a: !e. &9~ ;n is! :i:ll~ ~ ;r,&' ... Jr ,J 1.:,,1 H .2 "'I ".1 H Ut it li~ 01 o'l! 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CI e, Statement of Limiting Conditions e File t#: aJ-2()"()5 DEFINITION OF MARKET VALUE: The most probable price which a propcrty should bring in a competitive and open market under-.ll conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undo stimulus. Implicit in this definition is the conswnation of a sale 8ll of a specified date and the passing of title from seller to buyer under conditions whereby: (I) buyer and seller are typically motivated; (2) both parties are welt informed or well advised, and each acting in what he considers his own besl interest; (3) a reasonable time is allowed for exposun: in the open market; (4) payment is made in terms of cash in U.S. dollars or in terms of financial arrangements comparable thereto; and (S) the price represents the norma1 consideration for the property sold unaffected by special or creative fll\8Jlcing or sales concessions- granted by anyone lISSOCiated 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 the market area; these COSts are readily identifiable since the seller pays these costs in virtually all sales uansactions. Special or cn:ative financing adjustments can be made to the comparable property by comparisons to financing terms offered by a ,third party institutional1ender that is not already involved in the property or transaction. Any adjustment should not be calculated on a mechanical dollar coSt of the financing or concession but the dollar amount of any adjustment should approximate the market's reaction to the financing or concessions based on the appraiser's judgement. STATEMENT OF LIMITING CONDITIONS AND APPRAISER'S CERTIFICATION CONTINGENT AND LIMITING CONDiTIONS: The appraiser's certification that appears in the appraisal report Is subject to the following conditions: 1. The appraiser will not be responsible for matters of legal nature that affect either the property being appraised or the title to it. The appraiser assumes that the title is good and marketable and, therefore, will not render any opinions about the title. The property is appraised on the basis of it being under responsible ownership. 2. The BPPraiser has provided a slcetcb in the appraisal report to show approximate dimensions of tile improvements and the sketch is included only to assist the reader of the report in visualizing the property and understanding the appraiser's detennination ofits size. 3. The appraiser has examined the available flood maps that 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 guarantee, express OT implied, regarding the determination. 4. The appraiser will not give testimony or appear in court because he or she made lIII appraisal of the property in question, unless specific BITlIDgements 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 coqjwction with any other appraisal and are invalid if they are so used. 6. The appraiser has noted in the appraisal report any adverse conditions (such as, needed repairs, depreciation. the presence of hazlu'dous wastes, toxic substances, ete.) 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 unapparent conditions of the property or adverse environmental conditions (including the presense ofha2:ardous waste, toxic substances, etC.) that would make the property more or less valuable, and has assumed that there are no such conditions and makes no guarantees 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 en&inecrin& or testing that might be required to discover whelber such conditions exist. B~ the appraiser is not an expert In the field of environmental hazards, the appraisal report must not be considered 8lI1lll environmental assessment of the property. 7. The appraiser obtained the infonoation. 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 fOT in the Unifono Standards of Professional Appraisal Practice. . 9. The appraixr has based his or her appraisal report and valuation conclumon for an appraisai that is subject to satisfactory completion. repairs, or alterations on the assumption that completion of the improvements will be performed in a workmanlike manner. ] O. The appraiser must provide his or her prior written consent before the lender/client specified in the appraisal report can distribute the appraisal report (including conclusions about the property value, the appraiser's identity and professional designations, and references to any professional appraisal organizations or the flml with which the appraiser is associated) to anyone other than the borrower; the mortgagee or its successors and assigns; the mortgage 'insurer; consultants; professional appraisal organizations; any state or federally approved fmancia! 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 service(s) without having to obtain the appraiser's prior written consent. The appraiser's written consent and approval must also be obtained before the appraisal can be conveyed by anyone to the public through advertising. public relations, news, sales, or other media. Froddi. Moc Form 439 6-93 Pap J 012 F.a. M.. Form 100486-93 RSR REALTORS ... . APPRAlSER CERTIFICATION . File #: ~-20-0S APPRAISER'S CERTIFICATION: The Appraiser certifiCll and agrees that: 1. I have researched the subject market area and have selected a minimum ofthrce n:cent safes of properties most similar and proximate to the subject property for consideratipn in the sales 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 comperable property is superior to, or man: favorable than, the subject property, I have made a negatiYe 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 ofmar\cet value in the appraisal report. I have not knowingly witheld any significant information from the appraisal n:port and I believe. to the best of my Icnowledee. that all statements and information in the appraisal report an: trUe and COITCCt. 3. I stated in the appraisal n:port only my personal, unbiased, and professional analysis. opinions. and condusions, which are subject only to the contingent and limiting conditions specified in this form. 4. I have no present or prospective interest in the property that is the subject of this report, and I have no present or prospective personaJ interest or bias with respect to the participants in the transaction. 1 did not basc,either partially or completely, my analysis and/or the esUmlllC of market value in the appraisal report on the I"llCe, 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. S. I bave no present or contemplated future interest in the subject property, and neither my Clllf'tnt or future employment nor my compensation for performing this appraisal is continient on the appraised value of the property. 6. J 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 estimaIe,. the attainment of a specific n:sult, or the ocaurence of a subsequent event in order to receive my compensation and/or employment for performing the appraisal. I did not bese the appraisal report on a requeslCd minimum valuation, a specific valuation, or the need to approve a specific mortgage 10lUl. 7. J perfonncd this appraisal in conformity with the Uniform Standards of Professional Appraisal Pndice that were adopted and promulgated by the Appraisal Standards Board ofThc Appl'llisal Foundll1ioo 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. 1 acknowledge that 111 estimate of a reasonable time for exposure in the open marXct is a condition in the definition ofJllJll'bt value and the estimate I developed is consistent with the marketing time noted in the neighbomood section of this report, Wllcss 1 have otherwise stated in the reconciliation section. 8. 1 have personally inspected the interior and eKtt:Iior areas of the subject property and the exterior of all propaties listed as comparables in the appraisal report. 1 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 ofwhicb I am aware and have made adjustments for these adverse conditions in my analysis of the property 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. 9. I pc:I'SOIllIIly prepared all conclusions and opinions about the n:al estate that w= set forth in the appraisal report. If I n:lied on significant professional assistarIce from any individual or individual(s) 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 reconciliation section of this appraisal report. I certify that any individual so named is qualified to perform the tasks. 1 have not authorized anyone to rnake change to any item in the report; therefore, if 111 unauthorized chanse is made to the appraisal ~ I will take Do responsibility for it SUPERVISORY APPRAISER'S CERTIFICA nON: If a supervisory appraiser signed the lIppJ'8isaI report, he or she certifies and agrees that: I din:ctly supervise the appraiser who prepared the appraisal report, have rCvlewed the appraisal report, agree with the statements and conclusions of the appndser, agree to be bound by the appraisers certifications numbered 4 through 7 above, and am taking full responsibility for the appraisal and the appraisal report. ADDRESS OF PROPERTY APPRAISED: 721 Hilltop Drive ~ Signature: Name: Arthur F. Jr. _Signol, _6.200'" - Slate Certification #: Asst. To Certified PA Aooraiser or SlllIC License ##: Expiration Date of Certification or License: . PA 17070 SUPERVISORY APPRAISER (only if required): Signature:~ Name: W. . Date Signed: December State CertiflC8tion Ill; OA-001S38-L PA or Stale License #: ~iration Date of Certifica1ion or License: June 2(J(Y7 1XI Did 0 Did Not Inspect property Freddie Mac Fom 439 6-93 Pm.>e 2 of 2 Fannie Mae Form l004B 6-93 tSR REALTORS . D &:.. COINS 224 FOURTH STR~ET NEW CUMBERLAND. PA. 17010 (717) 114-4182 'Customer's fr 1'1 Order No. DATE 3/"i7 oc. SOLD TO ~ j (P Jtw;. P-<<L<9- ADDRESS 19_ SALESMAN CASH TERMS QUAN. RETD. MDSE. RECD. ON ACCT. DESCRIPTION AMOUNT /'/.. - ALL Claims and Returned anied By This Bill SIGNATURE . . Hasko Jewelers Hasko Jewelers 215 Third Street New Cumberland, PA 17070 717-774-7280 Phone: 717:"774-7280 Fax: 717-774-2732 Email: haskoOpobax.com 03/08/2006 The following 2- pieces were brought to our shop for review of value to solve estate. 1: Ladies lapel mechanical 7 jewel lever movement made by Astoria. Case appears to be rose colored gold filled. The front cover has a small round see through crystal. Estimated Value is: $125.00 2: Ladies 15mm round yellow gold filled locket. Overall finish is aged but still in good shape. Locket open and latches. No chain attached. Estimated Value is: $45.00 ~~e.-~ Bryon Fertenbaugh Note: All Estimated values are of the opinion of the jeweler that reviewed the before mentioned articles based on his personal experience in the industry. ~ . m M&fBank . 499 Mitchell Road, Millsboro, DE 19966 Mail Code DE-MB-12 Phone (888) 502-4349 Fax (302) 934-2955 September 27, 2005 Rhoads & Sinon LLP Attorneys At Law - Twelfth Floor One South Market Square POBox 1146 Harrisburg, Pennsylvania 17108-1146 Re: Estate of: Clara D Paul Social Security: 188-24-6745 Date of Death: September 01.2005 Dear Sir or Madam: Per your inquiry dated September 19, 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 67561934 Ownership (Names of) ClaraD Paul · Bernadette Paul, PDA Opening Date 08/28/64 Balance on Date of Death $8,789.18 $ 0.49 Accrued Interest Total .-..---------...-..---.......--------------...-------............-....... -..-----......---- --...--.........-.... $8,789.67 Interest Paid YTD --S----.--fS9 (A~-;;:;;ecrt;;r;;;;tT;;~tj;,a;;iid;------------- 2. Type of Account IRA Account Number 035004201747374 Ownership (Names of) Clara D Paul · Emmanuel M Paul, Beneficiary · Gregory E Paul, Beneficiary · Bernadette K Paul, Beneficiary · Opening Date 03/15/82 Balance on Date of Death Total $269,438.35 $ 6,553.62 --.$275:99[97..------ --..-----------.--...--..-.------.-.- .--- ------.--.-.--. Accrued Interest Interest Paid YTD ... $T2j44:7"TCi~cn;edinie;:estiY-~~-ii;;CTudedj--....--.----- ,.. e e. 3. Type of Account IRA Account Number 035004201910749 Ownership (Names of) Clara D Paul · Emmanuel M Paul, Beneficiary · Gregory E Paul, Beneficiary · Bernadette K Paul, Beneficiary · Opening Date 11/01/00 Balance on Date of Death $125,560.59 $ 727.28 Accrued Interest Total $126,287.87 Interest Paid YTD $ 6,027.28 (Accrued interest is not included) Please be advised, there was no safe deposit box fOlmd for the above decedent. *For further account information, regarding ownership and any changes, closuresandlor reimbursement of funds, etc., please call the Highland Park Office # 717-737-3322. Sincerely. ~~~ Nancy Clagett Records Management . Estate Valuation . Date of Death: 09/01/2005 Valuation Date: 09/01/2005 Processing Date: 03/30/2006 Estate of: Estate of Clara D. Paul Account: Pershing IRA Acct. ~5W8463098 Report Type: Date of Death Number of Securities: 2 File ID: Clarapaul IRA Shares or Par security Description High/ASk Low/Bid Mean and/or Div and lnt Adjustments Accruals Security Value 1) 170.635 FIDELITY SELECT PORTFOLIOS (316390202; FGPTX) TECH PORTFOLIO Mutual Fund (as quoted by NASDAQ) 09/01/2005 61.00000 Mkt 61.000000 10,408.74 2) 6998.98 WASHINGTON MUT INVS FD INC (939330106; AWSHX) COM Mutual Fund (as quoted by NASDAQ) 09/01/2005 31.09000 Mkt 31.090000 217,598.29 Total Value: Total Accrual: Total: $228,007.03 $228,007.03 $0.00 Money market funds $ 331. 35 $228,338.38 Page 1 This report was produced with EstateVal, a product of Estate Valuations & Pricing Systems, Inc. If you have questions, please contact EVP Systems at (818) 313-6300 or www.evpsys.com. (Revision 7.0.4)