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Home My WebLink About12-04-06 (2) .. .-1100 EX + (80f0) OFFICIAL USE ONLY REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 '* FILE NUMBER II 06 0493 NUMBER COUNTY CODE YEAR SOCIAL SECURITY NUMBER DECEDENTS NAME (LAST, FIRST, AND MIDDLE INITIAL) Flscella, Frank J. DATE OF DEATH (MM-DD-YEAR) DATE OF BIRTH (MM-DD-YEAR) I- Z W Q W o W Q 119-01-5552 THIS RETURN MUST BE FILED IN DUPLICATE WITH THE .03-04-2006 07-28-1914 REGISTER OF WILLS SOCIAL SECURITY NUMBER (IF APPLICABLE) SURVIVING SPOUSE'S NAME ( LAST, FIRST AND MIDDLE INITIAL) [!] 1. Original Return o 4. limited Estate o 6. Decedent Died Testate (Attach copy of WII) o 9. Litigation Proceeds Received o 2. Supplemental Return o ~ o o 3. Remainder Return (date of death pr10r to 12-13-82) o 5. Federal Estate Tax Retum Required B. Total Number of Safe Deposit Boxes o 11. Election to tax under Sec. 9113(A) (Attach Sch 0) I!! ,,~~ ldlL8 :z:fiL.. UlLlD ~ 4a. Future Interest Compromise (date of death after 12-12-82) 7. Decedent Maintained a Living Trust (Attach copy of Trust) 10 Soousal Poverty Credit (date of deelh between . 12-31-91 and 1-1-95) ~ "~ --- - --- ~--~~ -~~~, ---~" --~-- -~~ -~_ ___~"__~_~ --_no ___~__ ___ ... Z W Q Z i i 8 NAME Marielle F Hazen FIRM NAME (If appIiceble) Marlelle F. Hazen COMPLETE MAILING ADDRESS 2000 Linglestown Road, Suite 202 Harrisburg, PA 17110 (1) None (2) None (3) None (4) None (5) 2,312.85 (6) None (7) 305,451.57 (8) 307,764.42 (9) 23,418.15 (10) 5,723.93 TELEPHONE NUMBER 717-540-4332 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) 3. Closely Held Corporation, Partnership or Sole-Proprietorship 4. Mortgages & Notes Receivable (Schedule 0) 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) Z 6. Jointly Owned Property (Schedule F) 8 I. Separate Billing Requested ~ 7.1 r-Vivos Transfers & Miscellaneous Non-Prob~e ProPerty ~ ( . . edule G or L) 0 Separate Billing Req~sted ii: 8. I Gross Assets (total Lines 1-7) . ~ 9. F ...i _"... . Adml""''''.... Co,", (8"""'"1e H) a:: 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) 11. Total Deductions (total Lines 9 & 10) (11) (12) 29,142.08 278,622.34 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) 14. Net Value Subject to Tax (Line 12 minus Line 13) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES (13) (14) None 278,622.34 15.Amount of Line 14 taxable at the spousal tax rate, 0.00 x .00 (15) Z or transfers under Sec. 9116(a)(1.2) Q 278,622.34 .045 (16) I- 16. Amount of Line 14 taxable allineal rate' x ~ ::) 0.. 17.Amount of Line 14 taxable at sibling rate 0.00 x .12 (17) :Ii 0 0 18. Amount of Line 14 taxable at collateral rate 0.00 x .15 (18) >< ~ 19. Tax Due (19) 0.00 12,538.01 0.00 0.00 12,538.01 CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT 20.0 Copyright 2002 fonn software only The Lackner GrouP. Inc. Fonn REV-1500 EX (Rev. 6-00: r;rJ !..,jJ\-"~-3~.~ -'?~10tS 02: ~~9 pr"l MARIELLE_~AZEN.0 T~RNE' T 1? ~::4l-] 4.,-'; ~~ ~' - ~~') x, Olcedent'. Complete AddrHI: fSTREET ADDRESS i 304 Ollndal. Drive I lCiTV Camp Hill TIX Plym.ntalnd Credits: 1. Tu Ci..1fI (Page 1 Une Hli 2. C!llQltslPllymenta fA, 800u$ll: POi/MY Creall B ?H::Ji P8yme~li C. D,sCO<Jf1: ---j I i 1 ! ! I ~...J STA"'c, PA lPl1011 ri} 12,53801 9,000.00 473.68 "'011\1 :;'r8d,tt (e:., .. 6" c) (2) '<413.88 :3 .'1t.IfiIi....nalty II appileal::le ;,) Interest Ii Penalty 'ro:a' .rUlruI!Pena"y rC: ,. E) iJ) 4. !'! Line 2 II grelter th~1'\ Line 1 .. Line:; !,'l,e' :~,e d!'I'e'INA! 11'1:115 Il'le OVERPAYMENT Check bax t>" PIli_ 1 \.lne 20 to "'<11,;"1 . ~!\ln;; ~ Ii UrHI1 .. une 311 greater th.lI Unlli:l. !!IntI" It!@ dl~I!l'tln~t! nil! I! the TAX DUE A 1!1t.r t1<il il'l\ereSl 01'1 Vw tax aU!! BErne! tne tOllli elf Une 5 + 5A This is 1M BA~ANCE DUE :...) I'll 3,oe4.33 :5.;,; '58! 3,064.33 Make Chock Payable to REGiS'TER OF W7LLS, AGE."ilT \ .% ,,2 ',: . . ~;~:[ , .,~;"",'", .'",\~:~~ ;," JJ"'. PU!AS! AN!WI!.R Ti'l! i'{)lLOW,,,,O QUeSTlON:!J EW PUI.Ci~oII3 !t.l'I' X"lf\j nil". APPIltOP~lArr 8lOCKS Old dlCll<l8nt make a tre~&f&r llr>.d 'rn "r. ~ rellln !he u~e Or income 01 iM., p'op~rty transfe:red ." ~ relllln ~he 'ig'll ~e d..lgl'll!lte wt\c !!oaii U'lt ~~e prooerty '"3N;''''-:M:'l' ,l~ ". :':!'T'e: ~ ~. ~tei" a reversionllry lflttlre&t; or x ,j l'e.;eive the prOlTllSI for ~fe of el:her ,-'syme'1':S Nne'lts or Cll.re" X 2 if Oellth IX:CUrreO after Deoe11bel 12. 1 ?,tl2 tilG de\:eller:t .ransl':':' ;xqJe::y w"rllll ene jea' or 0<'1>:'1 wthO<.I; rec:aivlf'Q lidlJqUllte ca"llderltjo~? 1( Old a.tedtl"t own an 'in "'1.1$1. for' Of py(\l)lt upor death bet", ~~.(,0i:nl N ~,ec\lnw at bis ,.,r ker ;'l"!ll~? , Did decedent O\Ifn OlIn IndMcl\.;al Rllli"t'r.~ar.\ .~ccol.ln'. llnr'Liity, or or""" ,"ot,-;"OP..lt! property ""'rI':;" eontllni! 3 !)en6fielery deel9l'\'t!on? ~ iF '111! ""SWEft TO ANY 01' '/'lip. ABO'JE Ql.IU"\ONS is YES, YOU MiJ:i'l' COM1',_t'rF.' SC:.,I!:OULI! G AND FilE ;1 ~s PAP. , OF ",'HP. Rl!'TURH. ,mtr rll1l:2:iH:",,'~. I ~ Q'\et ( l\a~ tH(limInod 1.'111 f'fltw"" In~~""lno ,iT.!1f'!'lf:Ql1lii,'U Jo::;,~~i~., lln~ ,ljJ!err.tS.,~~ !1M ~ t~. f:l"~ (,; 'f1r' ;(f1c~:.~e 1Ir)(J ~I.f ll~' n..s ~ -3'1"~~ ..~u ~.,;. Deaa.~~ !)l:~~ 0U'tIf !Ni\ N pen~ l"8~nlI~I'v. ;,,) bo~~d on aIi ~~i'v~,e!l~ of ww:::.r ~'~p9f~r 1',$0& ~r7 l(f'lo.;"~6['" ~",...1\JAl! 01" p~~ AQI'ON511!lU "0Fl !'rUNG 'leNA'" ":J:,,,tS& Oe~l'Ih A. Fllcella , 'M Ei'~~~*~~~E~Na3~~MG~:':M~-- ! 'i~' !~. ,// S/3k"TLrJc pJt,~; Of. Marlelle I1lztn )( ~^ ;-~~ ~ 32&0 Ml:<lnlJer Cove Drlie GermdntowTi, MO 20814 11/3.i./ Db " / I ~/ / / c (; I ~;." ' :: A~,aEi!g ,WD':~ (I. ~~~. -.I~;( zono Ling'" ~\OWn Road. S",it,e 2.02 Har":!5P:, ill, PA 17110 .~ 1'01 all_ af death on or after Ju~ 1, 1994 and baror", Ja~I.I"i' 1 199~.;.e \,,~ ,,,re ir1p,~~ed an the net value oflrllMters te 0; ., ,'1e \1M 01 the ~~lv'"in\lIlPOiIM 113% [72 I) S, S9116 (a\ (1.1) Uf, rOl Jiles of deetn or: or after JllnUC~ 1 191:\5, the lex ral, "i.){>'S60 ;-,11 ':'\0 ilil' V2'.t' ';,ftransters 10 or tor lhe UM! ~ rM II<' 't~,n:. lpoU.. .0% {l2 PS ~911e (e) (1 1) {illi The st8tu,~ ~l]QU~Y~:~~.1ll a trangf€r t~ (l w\",m,,$pc)uile frurn lax, and tne lltl!'utOi)' teQl 'emlt'a for dlfi(:Io~",j!, oj :u~e:~ and 1l!lng & tal( return are stHl appliclW',' ~l!)r' ,f the ~urv.v;~g "p.J'.I~'" l:,& <J'-dy b4lMfic,ary. d ~f.~, ~ 'J.~"" \! f~ _ ' For 'J8tM of lleath (in or after JUly 1, 200e . I 'tlft:;Hn In cr" r l!l, use Q' , 'jrl~ \lIk ll;tlltJ l,"poaed on th. net .....o!u(: Jt tranaTertt 4~Qm ~ .j€".'~~p:.&;Ilt<t r.h .~l t'.f~~~"\!tC~1~ I"'~~;' '"~. :198 or younger 3_ . ....- r,~\.\}H~', PlI''''''t 3" OOIJpIillt pare~':. IJr ~ 5IepPllre;.l vI ttle child 'S I)'k f7 4 ro.01 ~~, ,'; la! .. ' 6" . ,., ,_ .. l~.' "'t ~l e oft,~n$fels ,,) or for lhll ~!i6 oft"e eeceden\ ~ w-ea, '.)"".I,cII.I""''' i~ 4 5~;,. c...cC'pt '" J'""~ ,n .~ p~ .,.."~ 'il.X 'tile impose.... 01\ .~" n.. II. U .. . .'.. ' ~911e j:l)[12Ps~r,11e(tl)(1)1 .~" ." '" 'rr.e \~X (lite ir~~()sed on the net vaiue Of~'af1Sf~' ,S ,)r ;~~;.~ ,u: ~~~:':::~~,:'~~, S;~~;~'~~e'~;~~~~~ :,~.,,~,:. .)~ ~~~.I;:_', ,:O~;~:',"" ,! (j;//[c.ed ,. _,,,,, Section 9102. lI$ an 'rdlVlClUi'l1 w,,' ,'~~~., hI U, . . ,., -~. Rev-1508 EX+ (6-98) . SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Fiscella, Frank J. FILE NUMBER 21-06-0493 Include the proceeds of litigation and the date the proceeds were received by the estate All property jointly-owned with the right of survivorship must be disclosed on schedule F. ITEM VALUE AT DATE \lUMBER DESCRIPTION OF DEATH 1 Cash - Cash in possession 165.00 2 Income Tax - Refund 304.00 3 MBNA - Refund 3.85 4 1995 Chevrolet Lumina 1,270.00 5 Personalty 570.00 TOTAL (Also enter on Line 5, Recapitulation) 2.312.85 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule E (Rev. 6-98) Rev-1510 EX+ (6-98) SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT Fiscella, Frank J. FILE NUMBER 21-06-0493 ESTATE OF 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 ITEM DESCRIPTION OF PROPERTY DATE OF DEATH % OF DECO'S TAXABLE EXCLUSION NUMBER INCLUDE NAME OF TRANSFEREE, THEIR RELATIONSHIP TO DECEDENT AND VALUE OF ASSET INTEREST (IF APPLICABLE) VALUE THE DATE OF TRANSFER ATTACH A COPY OF THE DEED FOR REAL ESTATE 1 304 Glendale Drive, Shiremanstown, Cumberland 187,000.00 187.000.00 County, PA - Owner - Frank J. Fiscella Trust Beneficiaries - 3 Children Per Attached Appraisal 2 PNC Bank - Checking Acct. No. 50-0471-6404 50.00 50.00 Titled: Frank J. Fiscella Trust 3 PNC Bank - CD Acct. No. 31600225785 30.180.05 30.180.05 Titled: Frank J. Fiscella Trust 4 PNC Bank - CD Acct. No. 31900264900 10,279.24 10.279.24 Titled: Frank J. Fiscella Trust 5 Sovereign Bank - Checking Acct. No. 571141218 7.095.98 7,095.98 Titled: Frank J. Fiscella Trust 6 Sovereign Bank - CD Acct. No. 1685483354 5,395.07 5.395.07 Titled: Frank J. Fiscella Trust 7 Sovereign Bank - CD Acct. No. 0575509427 5,337.43 5.337.43 Titled: Frank J. Fiscella Trust 8 Sovereign Bank - CD Acct. No. 168455071 10.920.12 10.920.12 Titled: Frank J. Fiscella Trust 9 Sovereign Bank - CD Acct. No. 0575300249 49,193.68 49,193.68 Titled: Frank J. Fiscella Trust TOTAL (Also enter on Line 7, Recapitulation) 305,451.57 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule G (Rev, 6-98) REV-1151 EX+ (12-99) SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Fiscella, Frank J. FILE NUMBER 21-06-0493 Debts of decedent must be reported on Schedule I. ITEM NUMBER A. FUNERAL EXPENSES: DESCRIPTION AMOUNT See continuation schedule(s) attached 6,728.75 B. 1. ADMINISTRATIVE COSTS: Personal Representative's Commissions Deborah A. Fiscella Social Security Number(s) / EIN Number of Personal Representative(s): 175-40-7391 Street Address 13260 Meander Cove Drive City Germantown Year(s) Commission paid State MD Zip 20874 2006/2007 10,000.00 2. Attorney's Fees Marielle F Hazen 5,000.00 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City Relationship of Claimant to Decedent State Zip 4. Probate Fees 5. Accountant's Fees Walton Williams, CPA 375.00 6. Tax Return Preparer's Fees 7. Other Administrative Costs See continuation schedule(s) attached 1,314.40 TOTAL (Also enter on line 9, Recapitulation) 23,418.15 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev 6-98) Rev-1502 EX+ (6-98) SCHEDULE H-A FUNERAL EXPENSES continued COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Fiscella, Frank J. FILE NUMBER 21-06-0493 ITEM NUMBER DESCRIPTION AMOUNT 1 Malpezzi Funeral Home 5.024.75 2 Mechanicsburg Senior Center - Place of Funeral Reception 100.00 3 Peter Sergo - Catered Funeral Reception 1.604.00 Subtotal 6,728.75 Copyright (c) 2002 form software only The Lackner Group, Inc Form PA-1500 Schedule H-A (Rev. 6-98) Rev-1502 EX+ (6-98) SCHEDULE H-B7 OTHER ADMINISTRATIVE COSTS continued COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Fiscella, Frank J. FILE NUMBER 21-06-0493 ITEM NUMBER DESCRIPTION AMOUNT 1 Blue Jay Services - Lawn Maintenance 440.00 2 Claude Wolfe - Appraisal of Personalty 75.00 3 Federal Express 22.90 4 Larry Zuvich - Home Maintenace 270.00 5 Lower Allen Township - Refuse 166.50 6 Lower Allen Township - Sewer 90.00 7 Michael Connor - Appraisal 250.00 Subtotal 1.314.40 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H-B7 (Rev. 6-98) Rev.1512 EX+ (6.98) SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Fiscella, Frank J. FILE NUMBER 21-06-0493 Include unreimbursed medical expenses. ITEM NUMBER DESCRIPTION 1 Alert Pharmacy VALUE AT DATE OF DEATH 8.03 2 Chris Tebbano - Packing Supplies 144.41 3 Comcast 18.90 4 Country Meadows - Nursing Home 301.19 5 Cumberland County - Township Real Estate Taxes 631.02 6 Cumberland County - County Real Estate Tax 9.80 7 Cumberland County - School District taxes 1,892.93 8 Erie Insurance 591.00 9 James Smith, et al - Legal Fees 100.00 10 MCI 162.81 11 Messiah Village - Nursing Home 532.44 12 Mobile X-Ray Imaging 50.71 13 PA American Water 180.76 14 PP&L 950.51 15 West Shore EMS 149.42 TOTAL (Also enter on Line 10, Recapitulation) 5,723.93 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule I (Rev. 6-98) REV-1513 EX+ (9-00) SCHEDULE .. BENEFICIARIES COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF NUMBER Fiscella, Frank J. NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116(a)(1.2)] FILE NUMBER 21-06-0493 RELATIONSHIP TO DECEDENT Do Not List Trustee(s) SHARE OF ESTATE AMOUNT OF ESTATE (Words) ($$$) I. 1 Deborah A. Fiscella 13260 Meander Cover Drive Germantown, MD 20874 Daughter 50%, Less $5,000.00 2 John A. Fiscella 227 Montague Road Leverett, MA 01054 Son 25%, Plus $2,500.00 3 Christine C. Tebbano 24 Sundance Drive Saratoga Springs, NY 12866 Daughter 25%, Plus $2,500.00 Total Enter dollar amounts for distributions shown above on lines 15 through 18, as appropriate, on Rev 1500 cover sheet II. NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART 11- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET 0.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule J (Rev. 6-98) Lor,,1MOI'JW'cAL TH OF PENI,SYL VANIA DEPARTMEln OF RE\ EIJLJE BUREAU OF !,\jCI\/IDUAL TAXES DEPT 280601 HARRISBURG, PA 17' 28-0601 REV-1162 EX(11-96) RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT FISCELLS DEBORAH 13260 MEANDER COVE RD GERMANTOWN, MD 20874 ___~_n_ fold ESTATE INFORMATION: SSN: 119-01-5552 FILE NUMBER: 2106-0493 DECEDENT NAME: FISCELLA FRANK T DA TE OF PAYMENT: 06/06/2006 POSTMARK DATE: 06/01/2006 COUNTY: CUMBERLAND DA TE OF DEATH: 03/04/2006 NO. CD 006794 ACN ASSESSMENT CONTROL NUMBER AMOUNT 101 I $9,000.00 I I I I I I I I TOTAL AMOUNT PAID: $9,000.00 REMARKS: CHECK# 858 INITIALS: MG SEAL RECEIVED BY: TAXPAYER GLENDA FARNER STRASBAUGH REGISTER OF WILLS ?'.-.o-1r~.. -',_. LC1{1\ ~i~li ~ ; ~ii ,...~~-.,.JU \..J t~ ____w____w~~_.-----..--- FRon : CEWER STRGE MARJ<ETI t'-JG FAX NO. :301 540 6325 Rpr. 11 2086 0?: 4i:,i~M ='E Kdlcy Blue Boot - Private Party Pricing Repon- Chevrolet, Lumina htqrJlwww.lcbb.comlkblki.dlllkw.kc-ur?aO!Wp;870764;&;+P;&723. . ~~!!!!~~~ '~lt"'H ' .' :.,~~{ "rr ____.~ii:.." ,-- _:: ., ~~.:t:!...;.. . .- '" .. Another Reoort Free QARFAX Record Ch~ &.arch Used Vehi~ Ustinas Fin~nce Your Vehi~ Insure Your Vehieie BLUE BOOK" PRIVATE PAllY REPORT penlUlytYania . APril 5, 2006 1995 Chevrolet lumirla Sedan 4D ~ : . ""; It,, ":. "!rc'~ ..... ~ .r~".- "_.~.:;'" Engine: V6 3.1 Uter- rr,ns: Automatic Drive: FWD Mileage: 47,502 Equipment Air ConditiOning Power Steering Power Door locks Tilt Wheel AM/FM Stereo Dual Front Air Bags Consumer Rated Condition: Good "Good" condition means that the vehicle is free of any major defects. This vehide has a dean title history, the paint, body and Interior have only minor (If "'IV) LJlemlshes, and there are no major lof2 4/5/06 2:38 PM FRClt1 : CHJTER STRGE '1RRVET I t'iG FA>< NO. : 301 540 6325 Rpr. 11 2006 07: 46Ht1 P) Kelley Blue Book - Private Par.:y Pricing Report - CheYf()!e(, Lumina http://,,,ww.kbb.comIk:blki.dJl/kw.kc.ur?aolwp~870764;&;+p;&723._. mechanical problems. There should b@ littI@ or no rust on this vehicle. The ti~$ match and have substantial tread wear left. A ~gOOd" vehicle wilt need some reconditioning to be sold at retail. Most consumer owned vehides tall Into this Category. Private Party Value $1,615 Private Party Value is what a buyer can expect to pay when buying a used car from a private partv. The Private Party Value assumes the vehide is sold ftAs Is" and carries no warranty (other than the continving factory warranty). The final sale price may vary depending on the vehicle's actual conditlon and IQcaI market conditions. This value may also be used to derive Fair Market Velue for insurance llnd vehicle donation purposes. ..~~ COPvr19ht @ 2006 by Kelley Blue Book CO'I All Rights Reserved. Mar-Apr L006 tditlon. The specific information required to determine tI'1e value for this particular vehlde was supplied by the person generating this report. VehicJe v8lu~tions are opinions and may vary from vehicle to vehide. Actual valuations will vary based upon market conditions, SpxiflCations, vehide condition Or other particular circumstances pertinent to thit> pBlticular vehicle or the transaction or the parties to the trantac:tion. This repOrt Is intended for the indiVidual use of the person generating this report .only and shall not be sokj Or transmitted to another party. Kelley Blue Book assumes no responSibility for errol'$ or omissions. (v.06035) 2of2 4/5106 2;38 PM FRat1 : CEHTER STRGE ~1i'1Rt<ETI t~G FAX HO. :301 540 E325 Rpr. 11 20CE. 0-; '"4"" Kelley Blue Book - Trade-In Pricing Report. Chevrolet, Lumina httptlfwww.kbb.comJkb/ki.dll/l(wJ:c.Ut'laolwt: 1 'b4 T i .& ; +t;&278 ;... at Kelley Blue Book .. THE nmSrED RES~ BLUE B{)OK'* TtlDE~IN VALUE Pennsylvania · April S, 2001 1995 Chevrolet Lumina Sedan 40 .. Another Reoort Free CARFAX f3eca:dGheclc search U~ Yerhicl~ Ustinus Finance Your Vehid~ IMUte Your VehiCle Engine: V6 3.1 Uter Trail$: Automatic DrIve: FWD MU$'age: 47,502 Equipment Air Conditioning Power steering Powes- Door Lnclcs Tilt Wheel AM/FM Stereo Dual Front Air Bags Consumer Rated Condition: GOOd "Good" oondition means that the vehIcle Is free of any major defects. This vehicle has a dean !it!~, tile paint, body (lOci interior have amy minor (Ir ~flY) blemishes, and there are no major mechanical problems. There should be Iltl:le or no I\Ist on this vehicle. The tires match and have subsmntial treed wear left. A "good" vehicle wtll need some reo:>nditioning to be sold at retail. Most consumer owned vehides fall into this category . Trade-In Value $$25 lof2 4'5'06 2:42 PM IROt1 : Cct-ITER STRGE r1RF~KET I t-li FAX NO. :301 540 6325 Rpr. 11 20136 C',-~:.c,:C .-,f.; Kelley Blue Book - Retail Pricing Rq,ort - Chevrolet. Lumina Illtp:/lwww.kbb-COrn/kbIki.dlllkw.kc.ut!aOI'"r:4&5751_&.+r;&.;Olev .. . Kelley Blue Book . ~ THE TRUST~ RJ:S~~ BLUE BOOKs RETAlJ- REPORT Pennsyrvanie . ApriT 5: 2di:i6 1995 Chevrolet Lumina Sedan 4D Another RePOrt Free CARFAX FIIl!ICOrd Check Search Used Vehide1.Jst1l'lOS Ei.oan~ Your Vehicle ~~,Xour Vehicle .. ~._....... M ,,~: .... ,~: :-(:~. Engine; V6 3.1 Liter Trans: Automatic Drive: FWD Mileage: 47,502 Equipment Air Conditioning Power Steering Power Door Locks Tilt Wheel AM/FM Stereo Du~1 Front Air Bags Retail Value $2..760 The Kelley 8lue 600k Suggested R.etail Value is representative of dealers' asking plices and 1$ the starting pOint for negOtiation between a COnSUmer and a dealer. This Suggested Retail Value assumes that the vehide hllt been fully reconditioned and has a dean title blst~. This value also takes into account the dealers' profit, costs for advertlsing, sale$ commissions and other costs of dQing business. The final sale price will likely be Ie$$ 1 of 2 4/5/lX~ l:40 PM --- ~ --- ,~' ; :![- ----------------------- t.\f,',"...Q~PA"T~~NT 'OP TRA~$PQRrA+ION . ,~.'ltT{JfJqA'Te: QFT.fTL.E~()RAVEH r C L2 ;,A' - ~i"i': 'ff"",-:;;,-";;~"';"~,;f:7~'~~"J' i ,A1S 'saalfbo~io()aL)~""o.Pl ~G 1~1, Sa"~,"~.$~f1"b,' VJ;Hft~flp~ritjFk~lIb~~i,JM~E R ~ODYTYP~ "T !p~<f'~YT c~p I, '118/llf5 [.' "1.~al'5 I DmPA TITLED (l,tt~ ()F 1~8~~ I itS .' CHEVROLET' hMl MAKE OF VSHIGIE TliI.E ~1!,l.lllEl1. I li~~ADIN,.w:'::(jhT I I Pl,IOn mL. STATE I I '/18/1115 I 000011 QVWR GCWR 11'LE ~>1AN.oS o ')C,ON P9<.JCp. DATE ODilM Ml~ES (JUO~ .';I1A:rUS f~.''";l. -........."', ~.'..::~. ,....'.r?..'.,1'F.YJi". :.'~"~'~" , , 'i ~ " i! g ~., .... f 'f .: ;: ~, ~.... l'i If' f! ,i V '", it . 4 tl<.'" I ,,.,. p. a i' ~. ~. ,\& .~. 2 .{< . ii, ~ fI' ti" - .f ~ '. ,r " 1'i. )' l' " , ( : .~. t ~ f ' fl!;OI$E :I~ > . ,~i " " Ii' l! · ' f :& . 'i~ia~!H: 110~W ". I t;" ,JR. . iv iJo., i " =fl!'''' >jotf,Ji"~ ;:" f~H!Ur.:";"'h,..n Tn FIRST LI~ ~ Of ; ~ t S:C0ND \.IE,~ F~F f!t.~!-- ~ ir~ .. ~ "'? ~.~ t .. ,-,4 , , ~ '" , ' . .' " "' " , . 1< 7"'. <,' , ' '"' . p l1ll' d... . '. .i\, ;i', '. " ,'. , t, , " " '''''Q'''' J<Ilnhotdi>r 1"l\$tad,~QII , Of'lI"'o li'li! tlirt01, . '~'~""~ ' ~~""'l<lt-flll~1~ ,cJ.libliill; "f 11 ;1', '" ~ ... le~(lpfli!!. -'~~1T!. 1 I ~ '!, ... ' ~ Ili <'t, \~ ~ ~,,~'" < ,iL" '\' ~ ~ .,. i, ~~~J,l~ In'f : :.\\.:. ~~PIltttP I~Ur!flI,'i!lf.~t.:...i.u.Il"-'b""}j"" MAill~G AobflESS OOO"lHER ST"(l)~ :l.I/THORI2'!'O ~l'RESll<T/.TM' FRANK J FISCELLA 3D" GLENDALE OR SHIREMANSTOWN PA 11011 .", 'J ". CLAUDE ~ WOLFE & ASSOCIATES AUCTIONEER.S &; APPRAiSERS rAMI,r OWNeD SINCE 1910 2009 LINCOLN STR~fl . CAMP HILL, PA 11011 I 117.737.0734 November 11, 2.006 Eatate 01 Frank J FisceDa 304 Glendale Drive. SfairemanstowD. PA ...~ .(.~.. _...~....~ .__.n_.,-- Atwater Kent radio table :f'AMUtY wm1 145.00 Kimball spinet piano WaU mirror LOONG ROOM 125.00 SOJ.lO Pkture of Lincoln by Hen&el HALI~w""r 250.00 APPRAISAL TOTAL $ 510.00 This Fair Market Value appraisal is true and correct to the best of my ability as an auctioneer and appraiser with 35 yem experiel}(:C. Me;;nber: ~~_:Amaiw~~(JglldofAmetka \\).'i.G~ &~_ W. K. Dusty Cbapman~ CAGA 8d l~d T0 : Z0 9002 SC . (\DH S2E9 0\7S mE: 'OH xtJ.::! 9N I .l3>itltJVJ 3::ItI.15 cF3.1t~3): WOo.::! CONNOR GROUP File No. FISCELLA Case No Uniform Residential Appraisal Report The oumose of this summalV aooraisal reoort is to o[Ovide the lender/client with an accurate, and adeouatelv suooorted, oomion of the market value of the sub' Prooertv Address 304 GLENDALE DRIVE Citv SHIREMANSTOWN State PA ZioCode 17011 . Borrower FISCELLA Owner of Public Record FISCELLA Countv CUMBERLAND Leoal Deseriotion DEED BOOK 00114 PAGE 00592 Assessor's Parcel # 48-24-0795-025 Tax Year 2006 RE Taxes S 2,400 EST Neiohbortlood Name SHIREMAN MANOR MaD Reference 42-41 Census Tract 112 1.!:'l0ccuoant I I Owner I I Tenant T X TVacant ~ Assessments $ N/A r 1 PUD HOM N/A r 1"", vear loer month E:I Prooertv Riohts Aooralsed rx 1 Fee SllTloleT 1 Leasehold I I Other (describe) " AsSlonment T voe I I Purchase Transaction T T Refinance Transaction r xl Other (describe) ESTABLISH MARKET VALUE Lender/Client NI A Address N/A Is the subiect orooertv currentlv offered for sale or has it been offered for sale in the twelve months prior to the eflective date of this appraisal? r 1 Ves r xl No Reoor! data source(s\ used, offennos orice(~ and da~ THE SUBJECT HAS NOT BEEN LISTED FOR SALE IN THE LAST TWELVE MONTHS THE CENTRAL PENN MUL TllIST WAS EARCHED FOR DATA. ,I U did lKJ did not analyze the contract for sale for the sWjecl purchase transaction. Explain the results of the analysis of the contract for sale or why the analysis was not oerformed. THE SUBJECT IS NOT CURRENTLY UNDER AN AGREEMENT OFR SALE TO THE APPRAISERS KNOWLEDGE Contract Pnce S N/A Date of Contract N/A Is the propertv seller the owner of oub~c record? r 1 Yes r 1 No Data Souoe(s) m :s there any financial assistance (loan charges, sale concessions, gift or downpayment aSSistance, elc.) to be paid by any party on beha~ of the borrower? UVesUNo .. If V es, reoort the total dollar amount and describe the items to be paid NI A .~ Note: Race and the racial co sition of the nelnhborhood are not ~sal factors. " Locatim r llkban X 1 Suburl>a~r 1 Rural T Prooertv Values X llncreasino r 1 Stable r lDeclinina PRICE AGE One-Unit 70 % .. Bum-Up rxlOver 75% 1 25-75% r 1 Under 25% I DemandlSuoolv I I Shortaae I X 110 Balance I lOver S.""", $10(0) -~';i 24 Un~ 5 % . Growth r 1 Raoid xl Stable I 1 Slow I Marketing Time I X I Under 3 mths I I J.<) m1l1s I lOver 6 mils Mulb-Family .. 125 Low 35 5 % Nelohbortlood Boundaries THE SUBJECT IS LOCATED BETWEEN SIMPSON FERRY ROAD AND 225 Hioh 65 Commercial 10 % .. . GETTYSBURG ROAD AND BETWEEN ST. JOHNS ROAD AND ALLENDALE WAY. 180 Pred. 45 Other 10 % .. Nelohborhood Descriotion THE SUBJECT NEIGHBORHOOD CONSISTS OF MAINLY RESIDENTIAL DWELLINGS OF SIMILAR AGE AND CONSTRUCTION. THE LOCALE IS WITHIN A SHORT COMMUTE TO DESIRED AMENTIES. THE CAPITOL CITY OF HARRISBURG IS WITHIN A TEN MINUTE COMMUTE. NO ADVERSE MARKETABILITY FACTORS NOTED. Market Conditions (inciudino sUOOOr! forlhe above condusionsl CURRENT MARKET CONDITIONS ARE GOOD. AS MORTGAGE INTERSET RATES ARE AVAILABLE IN THE 6% RANGE. SELLER CONCESSIONS ARE TYPICAL WITH VA AND FHA FINANCING. Dimensions AS PER PUBLIC RECORD Area .20 ACRE Shaoe Rectanoular View RESIDENTIAL Specific Zonina Classification SINGLE FAM RES Zonina Descriotion RESIDENTIAL USE ZOnlna Comoliance IX 1 Loaaf r 1 Loaal Nonconformina tGrandfathered USg) I I No Zonino I IIII00al (dgserioo\ Is the hlahest and best use of subiect orooerlv as improved (Of as proposed per olans and specificationsl the present use? X IVes I TNo ff No, deSCllbe. Utilities Public other I desCrIbe) Public 01l1er (describe \ I Off-site Imorovements- Tvoe Public Private Eleclliatv IX 1 1 Water Ixl I I I Street Asnhalt rxl I I Gas I 1 1 Sanitarv Sewer Ixl I I I Allev r 1 I I FEMA S~lal Flood Hazar~ AIea T Tves XTNo FEMAFIoodZone ZONE C FEMA Map # 420369 FEMA Man Date 3-15-79 Are the utilities and/or off-site imlll'ovements t;;;;;cal for the market area? I X I Yes I I N() ~ No, describe. Aie (here ariv-iIdve<Se sReCondltions ()f exieinaJf,idOis (eaSements, er.croaa.ments, enviiUr1inen1il1 CondilioflS, land uses, elcl?' r I Yes fx 1 No IrYes, dtiSal5e. THERE WERE NO ADVERSE EASEMENTS. ENCROACHMENTS OR ENVIRONMENTAL CONDITIONS HOWEVER THE APPRAISER IS NOT AN ENVIRONMENTAL RISK SCREENER OR AUDITOR ~,.,.. -'. "!'. ,"'<'",~ ---""" --""";';~ Un~s r X lone r lOne wi1l1 AccesSOlV Un~ 1 Concrete Slab I ICrawl Space Foundation Walls CONCRETElAVG Floors HW/CARP/AVG # of Stones TWO 1 Full Basement I X Ipartial Basement Extelior Walls BRICKlFRMlAVG Walls PLAS/DWAUAVG T voe r xl Det r 1 Alt. r 1 S-DetlEnd Unit Basement Area 616 SQ. It Roof Surface SHINGLElAVG TrimlFinlSh Wood/AVG X IExistino I . I Prooosedl IUnder Cons! Basement Finish 0 % Gutters & MetallAVG Bath Floor VINYlIAVG Desion ISMe) SPI I IOutside En1 /Exitl Isumo Pumo W!lldow T voe ''''''VI Ba1l1 Wainscot TILElPLAS/AVG Year BUln 1970 Evidence of I Infestation Storm Sashllnsulaled THERMO/AVG Car Slorane I I None Effective Ane IVrs\ 14-18 YEARS -1 Damoness 1 Settlement Screens EXISTING/AVG r Xl Drivewav # of Cars MUL Attic None Healinnl IFWA IHWssll X IRadiant Amenities Woodstove(s) # Drivewav Surface Asnhalt 1 Droo Starr Stairs 10ther IFuel Elec. X lFieolacelsl # 1 Fence X1Ga""'" # of Cars 1 I Floor X Scuttle Cooli"" I X central Air Conditioning X lPatiolOed< CV P Porch I C'",mnrt # of Cars i f1 Finished Heated llndividuail I lather lPool Other lAIt I 1 Det r xl BUlllin Appliances r 1 Refriaerator r xl Ranae/Oven r X lDishwasherl X IOisoosa11 I Microwavel I Washern:lrver r lother (describe) Flnlshedarea ab'?~~Jl'"d~"""l<l'ns' ,J. __~__ 3 Bedroom, 2F 1H Balh(') 1660 Square~tofGrossLlVlng~.ai>.tl<:lve(J.r:ade .. Addih"",1 f~.h",'" (,,,,,,,i.1 """my ~ffiri~nt ~~ms, ~tc) COVERED REAR PATIO, WINDOWS REPLACED WITH VINYL CLAD THERMOPANFS . . De~lbe the condmon of the nronertv IInciudlnn needed renalrs, deterioration renovalkms refl1odelll1'J. elt ) THE 5UB.JFCT PROPETY 15 CONSIDERED IN OVERALL AVERAGE CONDITION AS SIGNIFICANT IMPROVEMENTS AND MAINTENANCE PROCEDURES HAVE BEEN SATISFACTORILL Y COMPLETED. NO MAJOR REPAIRS OR MODERNIZATIONS ARE REQUIRED FOR FAVORABLE MARKETABILITY Are there anv phvs.cal deficiencies or adverse conditions that affecI the Iivab~jty. soundness, or structural integrity of the orooertv? livesT X TNo ~ Yes, describe THERE WERE NO OBVIOUS PHYSICAL ADVERSE CONDITIONS NOTED UPON INSPECTION, HOWEVER THE APPRAISER IS NOT A HOME INSPECTOR OR STRUCTURAL ENGINEER. Docs the orooertv aenerallv confmm to 1I1e nelOhbortlood-tfurleoonal utility, style, condition, use, construction, etc.\? I X I Yes I I No ~ No, describe THE SUBJECT CONFORMS TO THE NEIGHBORHOOD. THE MAJORITY OF THE HOMES WITHIN THE NEIGHBORHOOD ARE DETACHED SINGLE FAMILY DWELLINGS. Freddia Mac Fonm 70 March 2005 ClitkrORMS Ap~I"i.,,1 Suflw",,, 800-622-8727 Fannie Mae Fonm 1 DO-1 March 2005 1""9" 1 vf 13 CONNOR GROUP File No. FISCELLA Case No Uniform Residential Appraisal Report o There are 2 comoarable orooerlies currentlv offered for sale in tlhe subiecl neiohborhood ranaing in mice from $ 165,000 10 $ 210,000 There are 5 comcarable sales in the su 'eet neiohborhood within the cast twelve months ranaina in sale mice \rom $ 165 000 10$ 210 000 FEATURE I SUBJECT COMPARABLE SALE # 1 COMPARABLE SALE # 2 COMPARABLE SALE # 3 ; Address 304 GLENDALE DRIVE 33 S. WEST AVENUE 302 W. GREEN STREET 5 RUPP AVENUE J&PA17011 SHIREMANSTOWN PA 17011 SHIREMANSTOWN PA 17011 SHIREMANSTOWN, PA 17011 Proxlmitv 10 Subiect 0.21 MI WSW 0.11 MI NNW 0.22 MI N Sale Price 1$ N/A 180 000 ~'$ .. ~ 204000 17 5 000 Sale PricelGross Liv. Area $ 000 . fl. $ 106.70 108.34 50" $ 11792 sofl Data Source(s) PubLIC RECORDS PubLIC RECORDS PubLIC RECORDS Venfication Source(s) MULTI LIST MULTI LIST MULTI LIST VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION .(-) $ Adiuslmen DESCRIPTION .(-) $ Adiustment DESCRIPTION +(-) $ Adjuslmen Sale or Finandoo CONY CONY CONY Concessions 25 DA YS/MRK lDAY/MRK lDAY/MRK Date of SalelTime 10-28-2D05 +720C 11-15-2005 +8 DOC 8-5-2005 +8,30( Location SUBIAVG SUB/AVG SUB/AVG SUBIAVG Leasehold/Fee Simole Fee Simole Fee Simole Fee Simole Fee Slmole Site .20 AC/AVG .19 AC/AVG 21 ACIAVG .18 AC/AVG View RESIDENTIAVG RESIDENTlAVG RESIDENT/AVG RESIDENT/AVG DeSlan ISMe) SPLIT LEVIAVG SPLIT LEVIAVG SPLIT LEVIAVG SPLIT LEV/AVG : Qualitv of Construction BRKlFRM/AVG BRKlFRMlAVG BRKlFRMlAVG BRKlFRMIAVG , Actual Ace 36 YEARS EST 41 YEARS EST 43 YEARS EST 44 YEARS EST Condition A veraae A veraae Averaae Averaae Above Grade 12tal I Bdrmsl Baths Total IBdnmsl Baths Total fBdms I Baths - cIola/ BT}.JlaJlls... ----- ---- Room Count 7 I 3 12F lH 7 I 3 12F 1 H 8 I 4 I 2.50 7 3 2F lH . Gross Livino Area 1660 so. fI 1687 so. fl. -54C 1883 so. fl. -4 46( 1484 so ft +3.52C Basement & Finished PART BASE PART BASE PART BASE PART BASE Rooms Below Grade UNFINISHED UNFINISHED UNFINISHED REC RM BR -3,00( Functional Ulilitv Averaae Averane Averane A verane Heatlna/Coolina EUCA EUCA OIUCA OIUCA Enemv Effidenl Items ThERMO WIND thERMO WIND STORM WIND ThERMO WINO GaraQe/Caroort 1 CAR GAR BTN 1 CAR GAR BTN 1 CAR GAR BTN 1 CAR GAR BTN PorchlPatiolDeck COY PATIO PATIO +50( FLNSUNIRM -3,00( PATIO +50( FIREPLACE 1 FIREPLACE 1 FIREPLACE 1 FIREPLACE 1 FIREPLACE NEW /KIT/BA THS -14.50C Net Adlustment IT otan rxl.fl- $ 7160 fl.rxl- $ -13960 xl .r 1 - $ 9320 !io Adjusted Sale Pnce Net Adj: 4% Net Adj -7% Net Adj: 5% . . of Comoarables Grass Alii : 5% $ 187160 Gross Adi: 15% S 190040 Gross Adi: 9% S 184320 . I I X I did I I did not researdl the sale or !ransler historv of the subiect orooertv and comcarable sales. If not, eXD lain RECENT TRANSFER OF THE SUBJECT NOTED. . I did I X I did not reveal anv mior sales or transfers of the s for the three vears nnor to tlhe eflec1ive date of this aooraisat My research Data sourte(s COURTHOUSE My researdl I did I X I dId not neveal any onor sales or transters at the comparable sales tor the year Dnor to the date at sale of tlhe comnarable sale Data source(s COURTHOUSE MUtTI tlST ,~_. .'.' ..' ., .. . Report the results of tlhe neseardl and anatvsis of the orior sale or transfer historv of tlhe subiect orooertv and r"""""rabIe sales Ir"""rt additional nrior sales on nane 3) ITEM SUBJECT COMPARABLE SALE # 1 COMPARABLE SALE # 2 COMPARABLE SALE # 3 Date of Prior SalelT ransfer NO SALE IN THE NO SALE IN LAST NO SALE IN LAST NO SALE IN LAST Pnce of Prior SaleJT ransler LAST THREE YEARS YEAR YEAR YEAR Data Source(s) COURTHOUSE COURTHOUSE COURTHOUSE COURTHOUSE Effective Dale of Data Source(s) 11-8-2006 11-8-2006 11-8-2006 11-8-2006 Analvsis at Drior sale or transfer historv of the subiect orooertv and comDarable sales NO RECENT TRANSFERS NOTED. Summa,,! of Sales Cornpanson Approach ALL SALES ARE DETACHED DWELLINGS SITUATED WITHIN THE SAME MARKET AREA FOR SEARCH PURPOSES NOTED ABOVE, REGARDING LISTINGS I SALES, THE NEIGHBORHOOD WAS CONSIDERED DETACHED DWELLINGS IN SHIREMANSTOWN, AS REPORTED BY THE CENlRAL PENN MULTI LIST, SPECIFICALLY AREA 6 ---~._-~.'~- '~'"... . ,...., . ..--....-.-.--.,.-, ----- ,- ~~---" .._-~ -- IndIcated Value bv Sales Comoanson AoDroach $ 187.000 Indicated Value bv' Sales Comoarison Aooroach $ 187 000 Cost Aooroach lif develooodl $ 48 000 Income AoDroach lit develooedl S N/A THE COST APPROACH AND INCOME APPROACH WERE NOT CONSIDERED APPLICABLE FOR THIS APPRAISAL this appraisal IS made ~ "as is,. U subject to completion per plans and specifications on tlhe baSiS of a hypotlhetical condrtion that the improvements have been completed, 0 subject to the lollowing repairs or alterations on the basis 01 a hypothetical condition that the nepairs or allerations have been completed, or 0 subfecl to the lulluwill" l""Uill;d ill>uectiUlI """"d UII U", e,I1aUltJillalv a"ollloIiUlIII",1 U", wfldiliufl Ul denae",;v dues lIullequile allelaliUlI UI leUdi!. Bam on a complete visual inspection of tlhe interior and exterior areas of the subject property, defined scope of work, statement of assumptions and limiting conditions, and appraiser's certification, my (our) Opinion of the market value, as defined, of the neal property that is the subject of this report IS $ 187 000 a. of OCTOBER 29 2006 , which i. the date of io.oeclion and the effective date of this annrai.al. Click FORMS Appraisal Software 800-G22-8727 Fel111le Mile F<>>1I11004 Merch 7005 Page 2 of 13 Freddie Mac Form 70 Marr.h 7005 CONNOR GROUP Uniform Residential APoraisal Reoort THIS IS A COMPLETE SUMMARY REPORT. File No. FISCELLA Case No . THE SUBJECT IS AN DETACHED SPLIT LEVEL STYLE DWELLING SITUATED IN A MAINLY RESIDENTIAL LOCALE OF SHIREMANSTOWN. ,DUE TO THE LACK OF RECENTLY TRANSFERRED SIMILAR DWELLINGS WITHIN THE SUBJECTS IMMEDIATE NEIGHBORHOOD, "IT WAS NECESSARY TO EXCEED RECOMMENDED TIME AND DISTANCE GUIDELINES THE SUBJECT AND ALL SALES ARE DETACHED DWELLINGS LOCATED WITHIN THE SAME MARKET AREA AND SCHOOL DISTRICT. . ADJUSTMENTS: 'AS A PORTION OF THE SELECTED COMPARABLES TRANSFERRED NEAR OR OVER SIX MONTHS AGO, A MINIMAL 4% ANNUAL ;, TIME ADJUSTMENT WAS APPLIED TO REFLECT THE MARKETS REACTION. DUE TO NEAR RECORD LOW MORTGAGE INTEREST RATES REAL ESTATE IN THIS LOCALE HAS EXPERIENCED SIGNIFICANT APPRECIATION. THE CENTRAL PENN MULTI LIST REPORTED OVER AN 8% APPRECIATION RATE FOR 2005. ~GROSS LIVING AREA ADJUSTMENTS WERE BASED UPON TWENTY DOLLARS PER SQUARE FOOT. ~ THE REMAIING ADJUSTMENTS WERE BASED UPON THE MARKETS REACTION TO THE DIFFERING AMENITIES AND :CONDITIONS. .. -----------.--- IF ADDITIONAL INFORMATION OR DOCUMENTATION IS REQUIRED, PLEASE CONTACT ME. RESPECTFULLY SUBMITTED 'MICHAEL CONNOR Provide adequate i~fomla~n for ~ lender/client to reoticate your cost fiaures and calculations Support for the aniruon of srte value (summary of oomoarable land sales or other methods for estimalina srte value) RESTIMATED I -I REPROOl!CTlbNOR r lREPLACEM!:NTcOSTNEW rei Source of cost data f.-i: Qualrtv ratino 110m cost service Effective date of cost data ~ Comments on Cost Aooroach (oross livino area calculations, depreciation, etc.l OPINION OF SITE VALUE Dwellino 1 660 Bsmt 616 -So Ft (jjJ $ . So Ftliil $ -$ =$ =$ 48 000 Garaoe/Carnort Total Estimate of Cost-new less Phvslcal 29 I FU!ldi:Jna/ Deoreciation I Deoreciated Cost of Imorovements . ^' is. Valuo of Sito Imorovemenls So Ft t1il $ =$ =$ I External I =$ ( -$ -$ Estimated Remainina Economic life (HUD and VA onlvl 35-45 Year IndiCated Value Bv Cost Aooroach =$ 48 000 f~;..;,. ~~;ks,<=~~~€Z~JfiJ!~~ fit Estimated MonthlY Market Rent $ X Gross Muttiolier m Summary of Income Aooroach (includirlll support for rnaf1(et rent and GRM) =$ Indicated Value bv Income Aooroach ~'.' " "',.," " ' '~ ,- j, II,. d.V"lopetlbui~""'i"-WllliOI o( u;.. Ho"=;"'r'~ ~on '(HOA)? r '1 y~, r "1 No Unit type{,) I '1 Detached'''-[]~~ed Provide the follOWlno Infonnellon for f'UD~ ONLY if the dcveloocr/buildcr i, in control of the HOA ond the ~ubicct nropenv b an attaahcd clwoll,na unit leoal Name of Proiect Total number of phases Total number of uruts Total number of unrts sold ~ Total number of uruts rented Total number of units for sale Data source(s) Was the proiect created bv the conversion of existino buildinols) into a PUD? r lYes r 1 No If Yes date of conversion. Does the proiect contain any multi-dweUina unrts? I I Yes I I No Data source. .:;,; Are the unrts, common elements, and recreation facilities comolete? I IYes I I No If No, describe the status of comoletion. ~ ~ IAre the common elements leased to or bv the Homeowner's Association? I IYes I I No <<Yes, desctibe the rental terms and nnlions Describe common elements and recreational fac~lties. Click FORMS Appraisal Software 800-622-8727 Fannie Moo FOflTl 1004 March 2005 Page 3 of 13 FreddIe Mac Fonn 70 March 2005 CONNOR GROUP EXTRA COMPARABLES 4-5-6 File No. FISCELLA Case No Borrower FISCELLA Properly Address 304 GLENDALE DRIVE City SHIREMANSTOWN County LenderlClient NIA CUMBERLAND State Address NIA PA Zip Code 17011 FEATURE I SUBJECT I COMPARABLE SALE # 4 COMPARABLE SALE # 5 COMPARABLE SALE # 6 Address 304 GLENDALE DRIVE 310 S. BROAD STREET 1102 BALDWIN STREET ~PA17011 MECHANICSBURG MECHANICSBURG ProXlmitv to S,m;,.ct 3.1 MIW 1.4 MIWSW Sale Pnce $ NIA 179900 197.000 $ Sale Price/Gross LN. Area $ 0.00 . ft. $ 138.81 ,n ft $ 97.24 sa. It $ "'ft Manufactured Home T TYes [xl No r lYes [xl No r lYes r 1 No Data Source(sl PubLIC RECORDS PubLIC RECORDS Verification Source/sl MULTI LIST MULTI LIST VALUE ADJUSTMENTS DESCRIPTION +(-) $ Adiuslmen DESCRIPTION +(-) $ Adiustment DESCRIPTION +(,) $ Adlustmen Sale or Financino CONY CONY Concessions 4 DAYS/MRK 3 DA YSIMRK Date of Salemme 8-25-2006 2-3-2D06 +5.800 Location SUB/AVG SUBIAVG SUBIAVG LeaseholdlFee SimPle Fee Simole Fee Simole Fee Simole Site .20 ACIAVG .24 AC/AVG ~4 ACIAVG --~._~ ----~ "--.- .-~---- --- View RESIDENTIAVG RESIDENTIAVG RESIDENTIAVG Desion (StvIe) SPLIT LEVIAVG SPLIT LEVIAVG SPLIT LEVIAVG Qualitv af Construction BRKlFRM/AVG BRKlFRMlAVG BRKlFRM/AVG Actual Ace 36 YEARS EST 49 YEARS EST 42 YEARS EST Condition A veraae Averaoe Averaae Above Grade Total Bdmls. [ Baths Total IBdnnsl Baths Total IBdnnsJ Baths Total IBdnns] Baths Room Count 7 3 12F lH 5 I 3 I 1.00 +500r 8 I 4 I 2.50 I I Gross UvIOO Area 1660 sa. ft. 1.296 sa ft. +728C 2.026 "" ft. -7.32C sa ft. Basement & Finished PART BASE PART BASE PART BASE Rooms Below Grade UNFINISHED FAM RM BR BT -75OC BR -5QC Functional UtilitY A verane Averaoe Averaoe HeabnalCoolino EUCA OIUCA OIUCA Enerov Effident Items thERMO WIND thERMO WIND thERMO WIND GaraoelCaroort 1 CAR GAR BTN 1 CAR GAR BTN 1 CAR GAR ATT 100C Porcl1lPabolDeck COY PATIO PATIO +50C SCR POR -10or FIREPLACE 1 FIREPLACE o FIREPLACE +l.00C 1 FIREPLACE . Net Adiustment IT otan rxl + I I, $ 6,280 r l+rxl- $ -4,020 rxl+r 1- $ 0 Adjusted Sale Price Net Adj: 3% NeIAdj>2% Net Adj: -7% . of Comoarables Gross Adi : 12% $ 186180 Gross Adj: 8% $ 192 980 Gross Ad;: 12% $ 0 Reoort the results of the research and ana~ of theDfiOfs.1e or transfer historv of the sub' and comnarable sales ITEM SUBJECT COMPARABLE SALE # 4 COMPARABLE SALE # 5 I COMPARABLE SALE # 6 Date of Prior Sale/Transfer NO SALE IN THE NO SALE IN LAST NO SALE IN LAST Pnce of Prior Salerr raosler LAST THREE YEARS YEAR YEAR Data Sourcels) COURTHOUSE COURTHOUSE COURTHOUSE Effective Date of Data Sourcels) 11-8-2006 11-8-2006 11-8-2006 Analysis of prior sale or transfer historv of the subiect Drooertv and comparable sales ~'____~_~__.'C___"_'_'_~.._'__._'''__''__ ,~_,,_"_'_~_..__ --~-_._-_._---_.~,--------~--~----~---- -~~_.~~_._-- ,.- - --~~._.__.~- Summary of Sales Cornpanson A'pp!"!'.ch_~.. ._"____ -,,~- .........- '''.'-_.._"-~'--.~..._- . ~ ..-... ._.~._.~_....-._--- . -.-.---,-.-..------ .~_._---- . ___ , n._ _____~ ClickFORMS Appraical Software 800 622 8727 Pag" of 13 CONNOR GROUP Uniform Residential Appraisal Report File No FISCELLA Case No This report form is designed to report an appraisal of a one-unit property or a one-unit property with an accessory Unit; Including a unit in a planned unit development (PUD). This report form IS not designed to report an appraisal of a manufactured home or a Unit in a condominium or cooperative project. This appraisal report is subject to the following scope of work, intended use, intended user, definition of market value, statement of assumptions and limiting conditions, and certifICations. Modifications, additions, or deletions to the intended use, intended user, definition of market value, or assumptions and limiting conditions are not permitted The appraiser may expand the scope of work to include any additional research or analysis necessary based on the complexity of this appraisal assignment Modifications or deletions to the certifications are also not permitted. However, additional certifications that do not constitute material alterations to this appraisal report, such as those required by law or those related to the appraisers continuing education or membership in an appraisal organization, are permitted. SCOPE OF WORK: The scope of work for thiS appraisal is defined by the complexity of this appraisal assignment and the reporting requirements of this appraisal report form, including the followmg definition of market value, statement of assumptions and limiting conditions, and certifications. The appraiser musl. at a minimum: (1) perform a complete visual Inspection of the interior and exterior areas of the subject property, (2) inspect the neighborhood, (3) inspect each of the comparable sales from at least the street, (4) research, verify, and analyze data from reliable public and/or private sources, and (5) report his or her analYSIS, opinions, and conclusions in this appraisal report. INTENDED USE: The intended use of this appraisal report is for the lender/client to evaluate the property that is the subject of this appraisal for a mortgage finance transaction. INTENDED USER: The intended user of this appraisal report is the lender/client DEFINITION OF MARKET VALUE: The most probable pnce which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus Implicit in this definition is the consummation of a sale as of a speCified date and the passing of title from seller to buyer under conditions whereby (1) buyer and seller are typically motivated; (2) both parties are well informed or well advised, and each acting in what he or she considers his or her own best interest; (3) a reasonable time is allowed for exposure in the open market; (4) payment is made in terms of cash in U. S. dollars or In terms of financial arrangements comparable thereto; and (5) the price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions. granted by anyone associated with the sale. . Adjustments to the comparables must be made for special or creative financing or sales concessions. No adjustments are necessary for those costs which are normally paid by sellers as a result of tradition or law in a market area; these costs are readily identifiable since the seller pays these costs in virtually all sales transactions. Special or creative financing adjustments can be made to the comparable property by comparisons to financing terms offered by a third party institutional lender that IS not already involved in the property or transaction. Any adjustment should not be calculated on a mechanical dollar for 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 appraisers judgment STATEMENT OF ASSUMPTIONS AND LIMITING CONDITIONS: The appraiser's certification in this report IS subject to the following assumptions and limiting conditions' 1 The appraiser will not be responSible for matters of a legal nature that affect either the property being appraised or the title to it, except for information that he or she became aware of during the research involved in performing this appraisal. The appraiser assumes that the title is good and marketable and will not render any opinions about the title 2 The appraiser has provided a sketch in this appraisal report to show the approximate dimensions of the improvements. The sketch is included only to assist the reader in visualizing the property and understanding the appraiser's determination of its 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 this appraisal report whether any portion of the subject site is located in an identified Special Flood Hazard Area. Because the appraiser is not a surveyor, he or she makes no guarantees, express or implied, regarding this determination. 4 The appraiser will not give testimony or <!ppe<!1 in GOulll.Jecause he or she made an appraisal ot the property In quesllon, unless speCific arrangements to do so have been made beforehand, or as otherwise required by law. ~. I he appraiser has noted In thiS appraisal report any adverse conditions (such as needed repairs, deterioration, the presence of hazardous wastes, toxic substances, etc) observed during the inspection of the subject property or that he or 3he became aware of durinllthe re~""'rch involved In performonQ thl~ appra!~al. Unle~~ otherwl~e ~tateo in thl~ apprai~1 report, the appraiser has no knowledge of any hidden or unapparent physical deficiencies or adverse conditions of the property (such as, but not limited to. needed repairs, detenoratlon, the presence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) that would make the property less valuable, and has assumed that there are no such conditions and makes no guarantees or warranties, express or implied. The appraiser will not be responsible for any such conditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist. Because the appraiser IS not an expert in the field of environmental hazards, this appraisal report must not be considered as an environmental assessment of the property. 6 The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to satisfactory completion, repairs. or "Iterations on the assumption that the completion, repairs, or alterations of the subject property will be performed in a professional manner. CllckFORMS Appraisal Software 800-622-8727 Fannie Mae Form 1004 March 2005 Page 5 of 13 Freddie Mac Form 70 March 2005 CONNOR GROUP Uniform Residential Appraisal Report File No. FISCELLA Case No APPRAISER'S CERTIFICATION: The Appraiser certifies and agrees that 1. I have, at a minimum, developed and reported this appraisal in accordance with the scope of work requirements stated in this appraisal report. 2. I performed a complete visual Inspection of the intenor and exterior areas of the subject property. I reported the condition of the improvements in factual, specific terms, I identified and reported the physical deficiencies that could affect the livability, soundness, or structural integrity of the property 3. I performed thiS appraisal In accordance with the requirements of the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were In place at the time this appraisal report was prepared. 4. I developed my opinion of the market value of the real property that is the subject of this report based on the sales comparison approach to value. I have adequate comparable market data to develop a reliable sales comparison approach for this appraisal assignment I further certify that I considered the cost and income approaches to value but did not develop them, unless otherwise indicated in this report. 5. I researched. verified, analyzed, and reported on any current agreement for sale for the subject property, any offering for sale of the subject property in the twelve months prior to the effective date of this appraisal, and the prior sales of the subject property for a minimum of three years prior to the effective date of this appraisal, unless otherwise indicated in this report 6. I researched, verified, analyzed, and reported on the prior sales of the comparable sales for a minimum of one year prior to the date of sale of the comparable sale, unless otherwise indicated in this report. 7. I selected and used comparable sales that are locationally, physically, and functionally the most similar to the SUbject property. 8 I have not used comparable sales that were the result of combining a land sale with the contract purchase price of a home that has been built or will be built on the land. 9 I have reported adjustments to the comparable sales that reflect the market's reaction to the differences between the subject property and the comparable sales. 10, I verified, from a disinterested source, all information in this report that was proVided by parties who have a financial Interest In the sale or financing of the subject property. 11 I have knowledge and experience in appraising this type of property in this market area. 12. I am aware of. and have access to, the necessary and appropriate public and private data sources, such as multiple listing services, tax assessment records, public land records and other such data sources for the area in which the property is located 13. I obtained the information, estimates, and opinions furnished by other parties and expressed in this appraisal report from reliable sources that I believe to be true and correct. 14. I have taken into consideration the factors that have an impact on value with respect to the subject neighborhood, subject property, and the proximity of the subject property to adverse influences in the development of my opinion of market value I have noted in this appraisal report any adverse conditions (such as, but not Iimiled to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) observed during the inspection of the subject property or that I became aware of during the research involved in performing this appraisal. I have considered these adverse conditions in my analysis of the property value, and have reported on the effect of the conditions on the value and marketability of the subject property. 15. I have not knowingly withheld any significant information from this appraisal report and, to the best of my knowledge, all statements and information in this appraisal report are true and correct. 16 I stated In thiS appraisal report my own personal, unbiased, and profeSSional analYSIS, opiniOnS, and conclUSions, which are sublect only to the assumptions and Iimiling conditions in this appraisal report 17. I have no present or prospective interest in the property that is the subject of this report. and I have no present or prospective personal interest or bias with respect to the participants in the transaction. I did not base, either partially or completely, my analysis and/or opinion of market value in this appraisal report on the race, color, religion, sex, age, marital status, 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 or on any other basis prohibited by law. 18. My employment and/or compensation for performing this appraisal or any future or anticipated appraisals was not condllroned on any aareement or Understanding, wrttten or otnerwlse, that I WOUld report (or present analysiS supporting) a predetermined speCifiC value, a predetermined minimum value, a range or direction in value, a value that favors the cause of any party, or the attainment of a specific result or occurrence of a specific subsequent event (such as approval of a pending mortgage loan application) 19. I personally prepared all conclusions and opinions about the real estate that were set forth in this appraisal report. If I relied on significant real property appraisal assistance from any individual or individuals in the performance of this appraisal or the preparation of this appraisal report, I have named such individual(s) and disclosed the specific tasks performed in this appraisal report I certify that any individual so named is qualified to perform the tasks I have not authorized anyone to make a change to any ilem in this appraisal report; therefore, any change made to this appraisal is unauthorized and I will take no responsibility for it 20. I identified the lender/client in this appraisal report who is the individual, organization, or agent for the organization that ordered and will receive this annraisal renort. Freddie Mac Form 70 March 2005 ClickFORMS Appraisal Software 800-622-8727 Fannie Mae Form 1004 March 2005 Page 6 of 13 CONNOR GROUP File No. FISCELLA Case No nI orm eSI entia \ppraisal eport 21. The lender/client may disclose or distribute this appraisal report to: the borrower: another lender at the request of the borrower; the mortgagee or its successors and aSSIgns; mortgage insurers; government sponsored enterprises; other secondary market participants; data collection or reporting services; professional appraisal organizations; any department, agency, or instrumentality of the United States: and any state, the District of Columbia, or other jurisdictions: 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 distributed to any other party (including, but not limited to, the public through advertising, public relations, news, sales, or other media) 22. I am aware that any disclosure or distribution of this appraisal report by me or the lender/client may be subject to certain laws and regulations Further, I am also subject to the provisions of the Uniform Standards of Professional Appraisal Practice that pertain to disclosure or distribution by me. 23. The borrower, another lender at the request of the borrower, the mortgagee or its successors and assigns, mortgage insurers, government sponsored enterprises, and other secondary market participants may rely on this appraisal report as part of any mortgage finance transaction that involves anyone or more of these parties. 24. If this appraisal report was transmitted as an "electronic record" containing my "electronic signature: as those terms are defined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of this appraisal repor1 containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable and valid as if a paper version of this appraisal report were delivered containing my original hand written signature. 25. Any intentional or negligent misrepresentation(s} contained in this appraisal repor1 may result in Civil liability and/or criminal penalties including, but not limited to, fine or imprisonment or both under the provisions of Title 18. United States Code, Section 1001, et seq., or similar state laws. SUPERVISORY APPRAISER'S CERTIFICATION: The Supervisory Appraiser certifies and agrees that. 1. I directly supervised the appraiser for this appraisal assignment, have read the appraisal report, and agree with the appraiser's analysis, opinions, statements, conclusions, and the appraiser's certification. 2 I accept full responsibility for the contents of this appraisal report including, but not limited to, the appraiser's analysis, opiniOnS, statements, conclusions, and the appraisers certification. 3. The appraiser identified in this appraisal report is either a sub-contractor or an employee of the supervisory appraiser (or the appraisal firm), is Qualified to perform this appraisal, and is acceptable to perform this appraisat under the applicable state law. 4 This appraisal report complies with the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the time this appraisal report was prepared 5. If this appraisal report was transmitted as an "electronic record" containing my "electronic signature," as those terms are defined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of this appraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable and valid as if a paper version of this appraisal report were del.ivered containing my original hand written signature. APPRAISER - ~UL SUPERVISORY APPRAISER (ONLY IF REQUIRED) Signature Y!JJJ Signature Name MICHAEL CONNOR Name Company Name CONNOR GROUP Company Name Company Address 3330 DERRY STREET Company Address HARRISBURG, PA 17111 Telephone Number 717 -561-8587 Telephone Number Email Address C21CONNOR@.AOLCOM Email Address Date of Signature and Report NOVEMBER 8, 2006 Date of Signature Effective Date of Appraisal OCTOBER 29, 2006 State Certification # State Certification # RL-000794 L or Slate License # or State License # State or Other (describe) State # PA Expiration Date of Certification or License State Expiration Date of Certification or Licen6e 6/2007 SUBJECT PROPERTY ADDRESS OF PROPFRTY APPRAISED 304 GLENDALE DRIVE 8 Did not inspect subject property SHIREMANSTOWN, PA 17011 Did inspect exterior of subject property from street Date of Inspection APPRAISED VALUE OF SUBJECT PROPERTY $ 187,000 o Did inspect interior and exterior of subject property LENDER/CLIENT Date of Inspection Name Company Name N/A COMPARABLE SAlES Company Address N/A o Did not inspect exterior of comparable sales from street ODid Inspect exterior of comparable sates from street Email Address Date of Inspection U 'f R 'd . IA R ClickFORMS Appraisal Software 800-622-8727 Fannie Mae Form 1004 Marcil 2005 Page 7 of 13 Freddie Mac Form 70 Mardl 2005 CONNOR GROUP USPAP COMPLIANCE ADDENDUM File No FISC ELLA Case No APPRAISER'S CERTIFICATION: The following Certification statements are in addition to and may supercede the signed Appraiser's Certification attached to thiS appraisal report This Appraiser's Certification is compliant with the current edition of the Uniform Standards of Professional Appraisal Practice I certify that, to the best of my knowledge and belief: The statements of fact contained in this report are true and correct The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions and are my personal. Impartial, and unbiased professional analyses, opinions, and conclUSIons. I have no present or prospective interest in the property that is the subject of this report and no personal interest with respect to the parties Involved. I have no bias with respect to the property that is the subject of this report or to the parties invoved with this assignment My engagement in this assignment was not contingent upon developing or reporting predetermined results. My compensation for completing this assignement is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value opmion, the attainment of a stipulated result, or the occurrence of a subsequent event directly related to the intended use of this appraisal. My analyses, opinions, and conclusions were developed. and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice. I 00 have D have not made a personal inspection of the property that IS the subject of this report. (If more than one person signs this certification. the certification must clear1y specify which individuals did and which individuals did not make a personal inspection of the appraised property.) No one provided significant real property appraisal assistance to the person signing this certification. (If there are exceptions, the name of each individual providing significant real property appraisal assistance must be stated.) PURPOSE, INTENDED USE, AND INTENDED USER OF THE APPRAISAL: The purpose of the appraisal is to esfimate the market value of the subject property, as defined in this report, as of the effective date of this report. The Intended use of the appraisal is to assist the client and any other intended users in the underwriting, approval, and funding of the mortgage loan The Intended users of this report are the stated client and any other institutions involved in the underwriting, approval, and funding of the mortgage loan. No one else, including the purchaser and seller, should rely on the estimate of value or any other conclusions contained in this appraisal report ANALYSIS AND REPORT FORM: The appraisal is based on the information gathered by the appraiser from public records, other identified sources, inspection of the subject property and neighborhood, and selection of comparable sales, listings, and/or rentals within the subject market area. The original source of the comparable data described in the Data Source section of the market grid along with the source of confirmallon provided, where available, the original source is presented first The sources and data are considered reliable. When conflicting information was provided, source deemed most reliable has been used. Data believed to be unreliable was not included in the report or used as a baSIS for the value conclusion. The extent of the analysis to this assignment is stated in the AppraIser's Certification included above and attached to this report DEFINITION OF INSPECTION: The term "Inspection", as used in this report, is not the same level of inspection that is required for a "Professional Home Inspection" The appraiser does not fully inspect the electncal system, plumbing systems, mechanical systems, foundation system, floor structure, or subfloor. The appraiser is not an expert in construction materials and the purpose of the appraisal is to make an economic evaluation of the subject property. If the client needs a more detailed Inspecllon ofthe property, a home inspection, by a Professional Home Inspector, is suggested, DIGITAL SIGNATURES: The signature(s) affixed to this report, and certification, were applied by the origmal appraiser(s) or supervisory appraiser and represent their acknowledgements of the facts, opinions and conclusions found in the report Each appraiser(s) applied his or her signature electronically using a password encrypted method. Hence these signatures have more safeguards and carry the same validity as the individual's hand applied signature. If thf' rf'port has a haod-applied signature, this comment does not apply OPINION OF MARKET VALUE VS ESTIMATE OF MARKET VALUE: The current Uniform Standards of Professional Appraisal Practice defines the market value conclusion as an opinion of market value and not an estimate of market value, THREE YEAR SALES HISTORY FOR THE SUBJECT PROPERTY: The apprai~llr ha~ complied with Standard~ Rule 1-5b and 2-2b (ix) requiring the appraiser to analyze and report all Mlf''' of thf' "Ilhw"t property that occurred within the three (3) years prior to the effective date of the appraisal. If this Information was available to the appraiser(s), it IS reported in the subject column of Sales Comparison Analysis section of the appraisal report EXPOSURE PERIOD: By studying the sales of similar comparable residential properties with value ranges as identified in the Neighborhood section of this report and rrent neighborhood trends in the subject area, the appraiser feels that the exposure time tor the e' g Ime identified in the Neighborhood section of this appraisal report. ~ discussions with individuals knowledgeable 0 , _. subject prope~;' the ~tedlla Signature I ~ t-l<!me. MICHAEL CONNOR Date Report 3illlh,d NOVEMBER 8, 2000 State Certification # RL-000794-L Or State License # Signature Name Ddl" R"1JV11 Siull"d State Certification # Or State License # DDid DDidNot Inspect Property State PA State Slate State Page 13 of 13 Click FORMS Appraisal Soflware 800-622-8727 :r ~ 't """'""'~.." / r ~. v j { l.' f 1 'II '1\ 1-: / ~! REVOCABLE TRUST AGREEMENT ,r'~> \ ;" I! I \ .f:'_' [ '7 I '- f', /)/}/O THIS REVOCABLE TRUST AGREEMENT (the "Agreement") made this ~ day of 5~6&< , 1994, by and among FRANK J. FISCELLA, of 304 Glendale Drive, Shiremanstown, Cumberland County, 9/2-1 ( i If- Pennsylvania, (the "Settlor" and "Trustee") and DEBORAH ANN FISCELLA (individually the "Successor Trustee") . WITNESSETH: WHEREAS, Settlor desires to establish a revocable trust under the terms and conditions hereinafter set forth; and WHEREAS, Settlor desires to transfer assets to said trust at this time. NOW, THEREFORE, in consideration of the foregoing premises and the covenants and promises herein contained, the parties hereto, intending to be legally bound hereby, agree as follows: 1. TRUST PROPERTY. Settlor hereby actually and constructively transfers and delivers to Trustee the property listed on Schedule "A" attached hereto, which, together with any additions thereto as hereinafter provided, shall constitute the Trust Estate, and shall be held, administered and distributed as provided in this Agreement. 2. TRUST NAME. This Agreement, as from time to time amended, may be designated the "FRANK J. FISCELLA TRUST AGREEMENT DATED SEPTEMBER 23, 1994," and the initial trust hereby evidenced, as from time to time amended, may be designated the "FRANK J. FISCELLA TRUST AGREEMENT DATED SEPTEMBER 23, 1994." 3. DISPOSITIVE PROVISIONS. Trustee shall invest and reinvest the Trust Estate and shall distribute the net income (the "Income") and principal thereof as follows: A. During Settlor's lifetime, Trustee shall pay the Income no less frequently than quarter-annually to her or for her benefit and shall also pay to him such sums from principal as he may direct in writing; PROVIDED, however that in the event of Settlor's mental or physical incapacity, as certified to Trustee by Settlor's personal physician, Trustee shall expend both Income and principal to such extent and in such manner as she or he in her or his discretion deems advisable for the welfare and comfortable support of Settlor during suc}} period of incapacity. Trustee is specifically authorized, in the event of such incapacity, to continue Settlor's pattern of making gifts to individuals and organizations. B. Upon Settlor's death, Trustee shall distribute funds from the Trust Estate to the personal representative of Settlor's estate for the payment of expenses of Settlor's estate, including, without limitation, taxes, funeral expenses, and administrative expenses. C. Upon Settlor's death and upon payment of expenses pursuant to section J.B 01 this Agreement, Trustee shall distribute the balance of the Trust Estate in equal shares to such of the following persons as survive Settlor's death for a period of thirty (30) days: (1) Settlor's daughter, CHRISTINE CAROL TEBBANO, or her issue, per stirpes; (2) Settlor's son, JOHN ANTHONY FISCELLA, or his issue, per stirpes; and (3) Settlor's daughter, DEBORAH ANN FISCELLA, or her issue, per stirpes D. Should the principal of the Trust Estate, in the sole opinion of the Trustee, be or become too small to warrant placing or continuing of such fund in trust or should its administration be or become impractical for any other reason, my Trustee, in the exercise of her sole discretion, may then pay such principal absolutely to any beneficiary hereunder or may place said principal in the name of any beneficiary hereunder in an interest bearing account in any bank, bank and trust company or national banking association of her choosing, payable to such beneficiary. E. The interest of any beneficiary hereunder, including a remainderman, in Income or principal, shall not be subject to assignment, alienation, pledge, attachment or claims of creditors until after payment has actually been made by Trustee as hereinbefore provided. F. Corporate distributions received in shares of the distributing corporation shall be allocated to principal, regardless of the number of shares and however described or designated by the distributing corporation. 4. POWERS OF TRUSTEE. Except as otherwise specifically provided herein or as Settlor may direct during administration of -2- the Trust Estate, Trustee shall hold and manage all real and personal property held by him, together with any additions thereto as hereinafter provided, upon the following terms and conditions with the following powers and authorities, all in addition to and not in limitation of those granted by law: A. To take, hold or retain all or any part of the Trust Estate hereby created in the form acquired as long as he deems advisable and to receive all the Income, increments, rents and profits thp-rp-from. B. To sell, exchange, partition, lease, option or otherwise dispose of any property or part thereof, real or personal, which may at any time form part of this Trust Estate at public or private sale for such purposes and upon such terms, including sales on credit with or without security, in such manner and at such prices as he may determine, including the right to lease real estate for periods in excess of five years and for a term expiring after the termination of any trust. In the event of a sale, exchange, partition or lease of any of the property of this Trust Estate, there shall be no liability on the part of the purchase or purchasers to see to the application of the purchase money, but the same shall be held and disposed of by such purchase or purchasers, free and clear of any of the provisions of this Agreement. C. To continue any investments which may form a part of this Trust Estate or to invest or reinvest the same in any property, real or personal, of any kind or nature, including stocks, bonds, mortgages, other securities and common trust funds of Trustee without being limited or restricted to investments as now or may hereafter be prescribed for trustees by the laws of the Commonwealth of Pennsylvania or any other state. D. To cause securities which may from time to time comprise any part of this Trust Estate to be registered in her name as Trustee or in the name of any nominee or to take and keep the same unregistered and retain them or any part thereof in such condition that they will pass by delivery without disclosing the fact that the property is held in a fiduciary capacity. E. To make any loans, either secured or unsecured, in such amounts, upon such terms and such rates of interest and to such persons, firms, or corporations as he deems advisable, and to pay over to the Executor or Administrator of Settlor's estate such sums as may be required for the purpose of the payment of taxes, debts and administration expenses. F. To retain the principal or corpus or any part thereof of this Trust Estate in the form of cash. -3- G. To borrow money for any purpose in connection with the administration of this Trust Estate; execute promissory notes or other obligations for the amounts so borrowed and secure the payment of any amount so borrowed by mortgage or pledge of any rectI ur personctl property which may at any time form a part ot this Trust Estate. H. To vote, in respect to any securities which may at any time form a part of this Trust Estate, upon any proposition or election at any meeting and to grant proxies, discretionary or otherwise; vote at any such meeting; to join in or become a part of any reorganization, readjustment, merger, voting trust, consolidation or exchange and to deposit any such securities wilh any committee, depositary, trustee or otherwise and to payout of this Trust Estate any fees, expenses and assessments incurred in connection therewith and to charge the same to principal or Income as he may see fit; to exercise conversion, subscription or other rights, or to sell or abandon such rights and to receive and hold any new securities issued as a result of such reorganization, readjustment, merger, voting trust, consolidation, exchange, or exercise of subscription, conversion or other rights; and generally take all action in respect to any such securities as he might or could do as absolute owner thereof. I. To retain or purchase policies of life insurance, to pay premiums thereon from Income or principal and to exercise all rights of ownership thereover. J. In her discretion to allocate to either principal or Income or between them any and all capital gains and taxes which he may be required to pay on behalf of this Trust Estate. K. To divide or distribute, whenever it is required or permitted, this Trust Estate; to make such division or distribution in kind or in money, or partly in kind and partly in money; and that for such purposes the judgment of Trustee as to the value of the different items shall be conclusive and final upon the beneficiaries. L. To hold and administer the Trust Estate created hereby in one or more consolidated funds in whole or in part in which the separate Trust Estate shall have an undivided interest. M. To determine, in connection with making investments, whether to amortize premiums in whole or in part. N. To engage attorneys, investment counsel, accountants, agents and such other persons as he may deem advisable in the administration of this Trust Estate and to make such payments therefor as he may deem reasonable and to charge the expenses thereof to Income or principal as he may determine -4- and to delegate to such persons any discretion which he may deem proper. Trustee shall not be liable for any negligence, omission or wrongdoing of such counselor agents, providing reasonable care was exercised in their selection. O. Should the principal or Income of the Trust Estate be payable to any person as to whom Trustee has actual knowledge of a court adjudication of incompetency, or who Trustee, in her discretion, determines is unable to act effectively on her UWn behalf in financial matters, to use such princip~l or Income for the benefit of such beneficiary, including, but not limited to, the right to pay premiums for life, health, accident and any other insurance. P. To effect direct deposit of any retirement benefits, Social Security benefits, or other regular monthly payments into accounts maintained for the benefit of Settlor. 5. TRUSTEE. A. During Settlor's lifetime and so long as Settlor is mentally and physically competent, Settlor shall act as Trustee. In the event of Settlor's mental or physical incapacity, as certified by Settlor's personal physician, Settlor appoints his daughter, DEBORAH ANN FISCELLA, to act as successor Trustee. For the purpose of this Agreement, any reference to Trustee shall be deemed to include any successor Trustee, who without court order or act of transfer, shall have all the title, power, and discretion granted to the original Trustee. B. The powers granted in Section 4 of this Agreement shall be in addition to those granted by law and may be exercised even after termination of this trust until actual distribution of the Trust Estate, but not beyond the period permitted by any applicable rule of law relating to perpetuities. C. To the extent that such requirements can legally be waived, no Trustee hereunder shall ever be required to give bond or security as Trustee, or to qualify before, be appointed by, or account to any court, or to obtain the order or approval of any court respecting the exercise of any power or discretion granted in this Agreement. D. Trustee's exercise or non-exercise of powers and discretions in good faith shall be conclusive on all persons. No person paying money or delivering property to any Trustee hereunder shall be required or privileged to see to its application. The certificate of Trustee that Trustee is acting in compliance with this instrument shall fully protect all persons dealing with Trustee. -5- 6. COMPENSATION AND RESIGNATION OF TRUSTEE. A. Trustee shall be entitled to receive compensation from time to time over the period during which her services are performed, but not in excess of such compensation as would be approved by a court of competent jurisdiction. During Settlor's lifetime, such compensation shall be charged wholly against Income, unless Settlor directs otherwise in writing. B. Trustee may resign at any time by written notice to Settlor or any other beneficiary of the trust. 7. RIGHTS OF SETTLOR. A. Settlor or others may add to the Trust Estate, by Will, inter vivos transfer or beneficiary designation, cash or such property in kind as is acceptable to Trustee. B. Settlor reserves the right to revoke this Agreement at any time, in whole or in part, by written notice delivered to Trustee during Settlor's lifetime. C. Settlor further reserves the right to amend this Agreement at any time by a proper instrument in writing, executed by Settlor, delivered to Trustee during Settlor's lifetime and accepted by Trustee. D. If Settlor designates Trustee as beneficiary of the proceeds of any policies of insurance on her life, the duty and responsibility for the payment of premiums and other charges on such policies during Settlor's lifetime shall rest solely upon her, unless she shall expressly direct Trustee in writing to pay the same from Income or principal; otherwise, the only duty of Trustee shall be the safekeeping of such policies as are deposited with him, and Trustee shall be under no duty to notify Settlor that any such premium or other charge is due and payable. All options, rights, privileges and benefits exercisable by or accruing to Settlor during her lifetime by the terms of the policies shall be for her sole benefit and shall not be subject to this Agreement; Settlor agrees, however, not to exercise any options whereby the proceeds would be payable to Trustee other than in one sum. Upon the written request of Settlor, Trustee shall execute and deliver such consents and instruments as may be requisite to enable Settlor to exercise or avail herself of any option, right, privilege or benefit granted by any of the policies. Upon Settlor's death, or at such later time as may be specified in the policies, the net proceeds of any policies then payable to Trustee hereunder shall be collected by Trustee; the receipt of Trustee for such proceeds shall release the insurance companies from liability on the policies, and the insurance companies shall be under no duty to see to the application of such proceeds. Trustee may take all steps necessary in her -6- opinion to enforce payment of said policies and shall be entitled to indemnify himself out of any property held hereunder against all expenses incurred in taking such action. E. Settlor may also designate Trustee as beneficiary of certain employee death benefits. In such case, Trustee shall collect the proceeds receivable therefrom upon Settlor's death and hold them as part of the Trust Estate. The receipt of Trustee for such proceeds shall be a full acquittance to the administrators of such benefits, and said administrators shall not be liable to see to the application of such proceeds. To the extent that such proceeds are not included in Settlor's estate for federal estate tax purposes, they shall not be used for the payment of death taxes or any administration expenses of her estate. Trustee may select any option available to him as to the time and method of payment of such proceeds and may also exercise any option with respect to the income or death taxes thereon as she in her discretion deems advisable, and her decision in these matters shall be binding upon, and shall not be subject to question by, the beneficiaries. 8. INTERPRETATION. Wherein used in this Agreement the masculine shall be deemed to refer to and include the feminine. 9. APPLICABLE LAW. This Agreement has been delivered to and accepted by Trustee as hereinafter provided in the Commonwealth of Pennsylvania and shall be governed in all respects by the laws of the Commonwealth. 10. ACCEPTANCE BY TRUSTEE AND SUCCESSOR TRUSTEE. Trustee signifies her acceptance of the Trust Estate created hereby and acknowledges (unless otherwise noted in writing) that he has received this day from Settlor the property listed on Schedule "A," attached hereto and made a part hereof by reference. Trustee and successor Trustee agree that they will use the Trust Estate and dispose of the proceeds thereof upon and subject to all and singular the trust, terms and provisions set forth in this Agreement. -7- IN WITNESS WHEREOF, Settlor and Trustee have hereunto set their hands and seals the day and year first above written. WITNESS: SETTLOR AND TRUSTEE: ~_ c: ~~ rr~ ~ i:~dJL.~ FRANK ~. FISCELLA WITNESS: SUCCESSOR TRUSTEES: ~~~ I..Qi./.wLJ.~ ~ ~~ DEBORAH ANN FI~ELLA - -8- ACKNOWLEDGMENT COMMONWEALTH OF PENNSYLVANIA ) ) ss: ) COUNTY OF DAUPHIN On this, the ~/!j) day of 9ff , 1994, before me a Notary Public, the undersigned officer, personally appeared FRANK J. FISCELLA, known to me, or satisfactorily proven, to be the person whose name is subscribed to the within instrument, and acknowledged that he executed the same for the purpose therein contained. IN WITNESS WHEREOF, I c--.-.-.-... -------.. I :\iOTlIRIAL SEAL I CtjNNiE L REESE. Notary Public i, Derry Twp., Dauphin County ~~_~_~~lmission Expires Feb. 20,1995 seal. -9- ACKNOWLEDGMENT COMMONWEALTH OF PENNSYLVANIA ) ) 55: ) COUNTY OF DAUPHIN C' On this, the 2..3 rd day of l ';oB1f:mht.L ,1994, before me , a Notary Public, the undersigned officer, personally appeared DEBORAH ANN FISCELLA, known to me, or satisfactorily proven, to be the person whose name is subscribed to the within instrument, and acknowledged that she executed the same for the purpose therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. ~?~Af~. t/ NOTARY PUBL C NOTARIAL SEAL JENNIFER D. MILLER, Notary Pu~ic Hershey, PA Dauphin County My Commission Expires June 2,1997 -10- Certificate of Trust The undersigned Trustor hereby certifies the following: 1. This Certificate of Trust refers to the FRANK J. FISCELLA TRUST AGREEMENT dated SEP 23 1994 under a revocable trust agreement executed by FRANKJ. FISCEL~ as Trustor and initial Trustee. 2. The disability Trustee(s) for FRANK J. FISCELLA are: DEBORAH ANN FISCELLA 3. The death Trustee(s) for FRANK J. FISCELLA are: DEBORAH ANN FISCELLA 4. The Trustee(s) under the trust agreement are authorized to acquire, sell, convey, encumber, lease, borrow, manage and otherwise deal with interests in real and personal property in trust name. All powers of the Trustee(s) are fully set forth in Article Eleven of the trust agreement. 5. The trust has not been revoked and there have been no amendments limiting the powers of the Trustee(s) over trust property. 6. No person or entity paying money to or delivering property to any Trustee shall be required to see to its application. All persons relying on this document regarding the Trustees and their powers over trust property shall be held harmless for any resulting loss or liability from such reliance. A copy of this Certificate of Trust shall be just as valid as the original. The undersigned certifies that the statements in this Certificate of Trust are true and correct and that it was executed in the County of Dauphin, Pennsylvania on SEP 23 1994 6~ fT~~ FRANK J. I#SCELLA Assignment of Bank Accounts FRANK J. FISCELLA, does hereby transfer and assign, without consideration and in order to change formal title only, all right, title and interest which he now has in those Bank Accounts listed below, to FRANK J. FISCELLA, Trustee, or his successors in trust, under the FRANK J. FISCELLA LIVING TRUST dated SEP 2 3 1994 and any amendments thereto: Institution Account Number "~H0rFBank Harris Savings Bank l&2-*107617 1 0500026376/0560000988 This assignment was executed on SEP 2 3 1994 t?'~d 1 r~ ~~d){t FRANK J. FiSCELLA STATE OF PENNSYLVANIA SS COUNTY OF DAUPHIN ) / ) /} /}r c"- I /It ( 6 lA, ,A;IJ (/(fP'Y--c On this the ~day of .Jet. , 19~, before me, f \ YL rc ---' ' , the undersigned officer, personally appeared FRANK J. FISCELLA, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument and acknowledged that he executed the same tor the purposes therein contained. In witne. ss Who ereot IZZ h,. ceu to ,set my hand and official seal. /1 / ;' , Y /. / ( Qvt vtAJ u \ / tL- Notary Public t Title 0 Officer NUTAF1IAL SrJ\L "CONNIE L. REESE, Notary Public Derry Twp., Dauphin County My Commission Ex()ires Feb 20, 190.5 . . {'(lL{ The Second Amendment G \ , '; I'^ ,,' ~ ! to the . - Frank J. Fiscella Revocable Trust Agreement \ t-J fl i 7 On September 23, 1994, I, FRANK J. FISCELLA, signed the Frank J. Fiscella Revocable Trust Agreement, more formally known as: FRANK J. FISCELLA, Trustee, or his successors in trust, under the Prank J. loiscella Revocable Trust Agreement dated September 23, 1994, and any amendments thereto. Pursuant to Section 7.C of my Revocable Trust Agreement, which permits me to amend my Agreement in writing at any time, I now wish to amend my Agreement as follows: 1. This Second Amendment to the Frank J. Fiscella Trust Agreement amends the first paragraph of the Amended and Restated J Revocable Trust Agreement dated March 4, 1995 to reflect the correct date of the Frank J. Fiscella Trust Agreement to be September 23, 1994. 2. Paragraph 1. TRUST PROPERTY of my Revocable Trust Agreement lS hereby revoked In its entirety and substituted therefor is the following: 1. TRUST PROPERTY. Settlor hereby actually and constructively transfers and delivers to Trustee the property listed on Schedule "A" attached hereto and all of the tangible personal property that I own at my death, which, together with any additions thereto as hereinafter provided, shall constitute the Trust Estate, and shall be held, administered and distributed as provided in this Agreement. 3. Paragraph 3. DISPOSITIVE PROVISIONS of my Revocable Trust Agreement lS hereby amended and substituted therefor lS the following: C. Upon Settlor's death and upon payment of expenses pursuant to Section 3.B of this Agreement, Trustee shall distribute all of lIlY Lcl.ll<:j.iLle tye1.sonal property, including, but not limited to, my furniture, household items and automobiles, in accordance with any written, signed and dated memorandum left by me directing the distribution of such property. My Trustee shall distribute the balance of the Trust Estate in equal shares to such of Settlor's children, CHRISTINE CAROL TEBBANO, JOHN ANTHONY FISCELLA and DEBORAH ANN FISCELLA, per stirpes, as survive my death for a period of thirty (30) days, in shares of equal value, to be divided in such manner as they shall agree. All other provisions are hereby ratified and confirmed. I executed this amendment on ~ f; 1997 I certify that I have read the foregoing Second Amendment to my Revocable Trust Agreement, and that it correctly states the changes I desire to make in my Revocable Trust Agreement. I approve this Second Amendment to my Revocable Trust Agreement In all particulars, and request my Settlor and Trustee to execute it. ~Q?~ FRANK JI FISCELLA, Settlor and Trustee ACKNOWLEDGEMENT COMMONWEALTH OF PENNSYLVANIA SS COUNTY OF DAUPHIN The foregoing amendment to the Frank J. Fiscel 'l'rusL Agreement was acknowledged before me on ~. by FRANK J. FISCELLA, as Settlor. Witness my hand and official seal. Addendum to Schedule A Property of FRANK J. FISCELLA Personal Property Personal Effects Furniture, Furnishings and Appliances Jewelry All other tangible personal property I J n ~ A1 A - k~~ eipS" ~~~ I:-f~ Cf)~ k ~J- ~ ~~ - /~/Q.L - ~ - Ct~ ';.-; tf' \-! 'u I: /1 v 01\ // v/ A e -.-. c.te.<o~ ') . o \1 i \' ",I (t'~ Y '"'~. :~~~' ~ ~__,"_--1__ ~/ .,-iLL 1{Z.j/1, T~ AMENDED AND RESTATED REVOCABLE TRUST AGREEMENT I OJ-'> ~'.., r .....~ c -f' c{ C' Y j{YI rg THIS AMENDMENT AND RESTATED REVOCABLE TRUST AGREEMENT of the FRANK J. FISCELLA TRUST AGREEMENT DATED SEPTEMBER 23,1995 is made this OLj day of ~a..rG.-f, 1995 pursuant to the right reserved to Settlor under section 7.C. of the Trust Agreement, as follows: ('"Y'4 (t ({ d 0. REVOCABLE TRUST AGREEMENT THIS REVOCABLE TRUST AGREEMENT (the "Agreement") made this 2Jrd day of September 1994 ,~, by and among FRANK J. FISCELLA, of 304 Glendale Drive, Shiremanstown, Cumberland County, Pennsylvania, (the "Settlor" and "Trustee") and DEBORAH ANN FISCELLA (individually the "Successor Trustee") . WITNESSETH: WHEREAS, Settlor desires to establish a revocable trust under the terms and conditions hereinafter set forth; and WHEREAS, Settlor desires to transfer assets to said trust at this time. NOW, THEREFORE, in consideration of the foregoing premises and the covenants and promises herein contained, the parties hereto, intending to be legally bound hereby, agree as follows: 1. TRUST PROPERTY. Settlor hereby actually and constructively transfers and delivers to Trustee the property listed on Schedule "A" attached hereto, which, together with any additions thereto as hereinafter provided, shall constitute the Trust Estate, and shall be held, administered and distributed as provided in this Agreement. 2. TRUST NAME . This Agreement, as from time to time amended, may be designated the "FRANK J. FISCELLA TRUST AGREEMENT DATED SEPTEMBER 23, 1994," and the initial trust hereby evidenced, as from time to time amended, may be des ignated the "FRANK .J. FISCELLA TRUST AGREEMENT DATED SEPTEMBER 23, 1994." 3. DISPOSITIVE PROVISIONS. Trustee shall invest and reinvest the Trust Estate and shall distribute the net income (the "Income") and principal thereof as follows: A. During Settlor's lifetime, Trustee shall pay the Income no less frequently than quarter-annually to hin or for his benefit and shall also pay to him such sums from principal as he may direct in writing; PROVIDED, however that in the event of Settlor's mental or physical incapacity, as certified to Trustee by Settlor's personal physician, Trustee shall expend both Income and principal to such extent and in such manner as she or he in her or his discretion deems advisable for the welfare and comfortable support of Settlor during such period of incapacity. Trustee lS specifically authorized, in the event of such incapacity, to continue Settlor's pattern of making gifts to individuals and organizations. B. Upon Settlor's death, Trustee shall distribute funds from the Trust Estate to the personal representative of Settlor's estate for the payment of expenses of Settlor's estate, including, without limitation, taxes, funeral expenses, and administrative expenses. j.). / / / C. Upon Settlor's death and upon payment of expenses pursuant to Section 3.B of this Agreement, Trustee shall distribute the balance of the Trust Estate in equal shares to such of the following persons as survive Settlor's death for a period of thirty (30) days: (1) Settlor's daughter, CHRISTINE CAROL TEBBANO, or her issue, per stirpes; (2) Settlor's son, JOHN ANTHONY FISCELLA, or his issue, per stirpes; and (3) Settlor's daughter, DEBORAH ANN FISCELLA, or her issue, per stirpes a. Should the principal of the Trust Estate, in the sole opinion of the Trustee, be or become too small to warrant placing or continuing of such fund in trust or should its administration be or become impractical for any other reason, my Trustee, in the exercise of his sole discretion, may then pay such principal absolutely to any beneficiary hereunder or may place said principal in the name of any beneficiary hereunder in an interest bearing account in any bank, bank and trust company or national banking association of her choosing, payable to such beneficiary. E. The interest of any beneficiary hereunder, including a remainderman, in Income or principal, shall not be subject to assignment, alienation, pledge, attachment or claims of creditors until after payment has actually been made by Trustee as hereinbefore provided. F. Corporate distributions received in shares of the distributing corporation shall be allocated to principal, regardless of the number of shares and however described or designated by the distributing corporation. 4. POWERS OF TRUSTEE. Except as otherwise specifically provided herein or as Settlor may direct during administration of -3- the Trust Estate, Trustee shall hold and manage all real and personal property held by him, together with any additions thereto as hereinafter provided, upon the following tp.r1nS and conditions with the following powers and authorities, all in addition to and not in limitation of those granted by law: A. To take, hold or retain all or any part of the Trust Estate hereby created in the form acquired as long as he deems advisable and to receive all the Income, increments, rents and profits therefrom. B. To sell, exchange, partition, lease, option or otherwise dispose of any property or part thereof, real or personal, which may at any time form part of this Trust Estate at public or private sale for such purposes and upon such terms, including sales on credit with or without security, in such manner and at such prices as he may determine, including the right to lease real estate for periods in excess of five years and for a term expiring after the termination of any trust. In the event of a sale, exchange, partition or lease of any of the property of this Trust Estate, there shall be no liability on the part of the purchase or purchasers to see to the application of the purchase money, but the same shall be held and disposed of by such purchase or purchasers, free and clear of any of the provisions of this Agreement. C. To continue any investments which may form a part of this Trust Estate or to invest or reinvest the same in any property, real or personal, of any kind or nature, including stocks, bonds, mortgages, other securities and common trust funds of Trustee without being limited or restricted to investments as now or may hereafter be prescribed for trustees by the laws of the Commonwealth of Pennsylvania or any other state. D. To cause securities which may from time to time -4- comprise any part of this Trust Estate to be registered in her name as Trustee or in the name of any nominee or to take and keep the same unregistered and retain them or any part thereof in such condition that they will pass by delivery without disclosing the fact that the property is held in a fiduciary capacity. E. To make any loans, either secured or unsecured, in such amounts, upon such terms and such rates of interest and to such persons, firms, or corporations as he deems advisable, and to pay over to the Executor or Administrator of Settlor's estate such sums as may be required for the purpose of the payment of taxes, debts and administration expenses. F. To retain the principal or corpus or any part thereof of this Trust Estate in the form of cash. G. To borrow money for any purpose in connection with the administration of this Trust Estate; execute promissory notes or other obligations for the amounts so borrowed and secure the payment of any amount so borrowed by mortgage or pledge of any real or personal property which may at any time form a part of this Trust Estate. H. To vote, in respect to any securities which may at any time form a part of this Trust Estate, upon any proposition or election at any meeting and to grant proxies, discretionary or otherwise; vote at any such meeting; to join in or become a part of any reorganization, readjustment, merger, voting trust, consolidation or exchange and to deposit any such securities with any committee, depositary, trustee or otherwise and to payout of this Trust Estate any fees, expenses and assessments incurred in connection therewith and to charge the same to principal or Income as he may see fit; to exercise conversion, subscription or other rights, or to sell or abandon such rights and to receive and hold any new securities issued as a result of such reorganization, -5- readjustment, merger, voting trust, consolidation, exchange, or exercise of subscription, conversion or other rights; and generally take all action in respect to any such securities as he might or could do as absolute owner thereof. I. To retain or purchase policies of life insurance, to pay premiums thereon from Income or principal and to exercise all rights of ownership thereover. J. In his discretion to allocate to either principal or Income or between them any and all capital gains and taxes which he may be required to pay on behalf of this Trust Estate. K. To divide or distribute, whenever it is required or permitted, this Trust Estate; to make such division or distribution in kind or in money, or partly in kind and partly in money; and that for such purposes the judgment of Trustee as to the value of the different items shall be conclusive and final upon the beneficiaries. L. To hold and administer the Trust Estate created hereby in one or more consolidated funds in whole or in part in which the separate Trust Estate shall have an undivided interest. M. To determine, in connection with making investments, whether to amortize premiums in whole or in part. N. To engage attorneys, investment counsel, accountants, agents and such other persons as he may deem advisable in the administration of this Trust Estate and to make such payments therefor as he may deem reasonable and to charge the expenses thereof to Income or principal as he may determine and to delegate to such persons any discretion which he may deem proper. Trustee shall not be liable for any negligence, omission or wrongdoing of such counselor agents, providing reasonable care was -6- exercised in their selection. o. Should the principal or Income of the Trust Estate be payable to any person as to whom Trustee has actual knowledge of a court adjudication of incompetency, or who Trustee, in his discretion, determines is unable to act effectively on his own behalf in financial matters, to use such principal or Income for the benefit of such beneficiary, including, but not limited to, the right to pay premiums for life, health, accident and any other insurance. P. To effect direct deposit of any retirement benefits, . Social security benefits, or other regular monthly payments into accounts maintained for the benefit of Settlor. 5. TRUSTEE. A. During Settlor's lifetime and so long as Settlor is mentally and physically competent, Settlor shall act as Trustee. In the event of Settlor's mental or physical incapacity, as certified by Settlor's personal physician or upon Settlor's death, Settlor appoints his daughter, DEBORAH ANN FISCELLA, to act as successor Trustee. For the purpose of this Agreement, any reference to Trustee shall be deemed to include any successor Trustee, who without court order or act of transfer, shall have all the title, power, and discretion granted to the original Trustee. B. The powers granted in section 4 of this Agreement shall be in addition to those granted by law and may be exercised even after termination of this trust until actual distribution of the Trust Estate, but not beyond the period permitted by any applicable rule of law relating to perpetuities. C. To the extent that such requirements can legally be waived, no Trustee hereunder shall ever be required to give bond or -7- security as Trustee, or to qualify before, be appointed by, or account to any court, or to obtain the order or approval of any court respecting the exercise of any power or discretion granted in this Agreement. D. Trustee's exercise or non-exercise of powers and discretions in good faith shall be conclusive on all persons. No person paying money or delivering property to any Trustee hereunder shall be required or privileged to see to its application. The certificate of Trustee that Trustee is acting in compliance with this instrument shall fully protect all persons dealing with Trustee. 6. COMPENSATION AND RESIGNATION OF TRUSTEE. A. Trustee shall be entitled to receive compensation from time to time over the period during which his services are performed, but not in excess of such compensation as would be approved by a court of competent jurisdiction. During Settlor's lifetime, such compensation shall be charged wholly against Income, unless Settlor directs otherwise in writing. B. Trustee may resign at any time by written notice to Settlor or any other beneficiary of the trust. 7. RIGHTS OF SETTLOR. A. Settlor or others may add to the Trust Estate, by Will, inter vivos transfer or beneficiary designation, cash or such property in kind as is acceptable to Trustee. B. Settlor reserves the right to revoke this Agreement at any time, in whole or in part, by written notice delivered to Trustee during Settlor's lifetime. -8- c. Agreement at by Settlor, accepted by Settlor further reserves the right to amend this any time by a proper instrument in writing, executed delivered to Trustee during Settlor's lifetime and Trustee. D. If Settlor designates Trustee as beneficiary of the proceeds of any policies of insurance on his life, the duty and responsibility for the payment of premiums and other charges on such policies during Settlor's lifetime shall rest solely upon him, unless he shall expressly direct Trustee in writing to pay the same from Income or principal; otherwise, the only duty of Trustee shall be the safekeeping of such policies as are deposited with him, and Trustee shall be under no duty to notify Settlor that any such premium or other charge is due and payable. All options, rights, privileges and benefits exercisable by or accruing to Settlor during his lifetime by the terms of the policies shall be for his sole benefit and shall not be subject to this Agreement; Settlor agrees, however, not to exercise any options whereby the proceeds would be payable to Trustee other than in one sum. Upon the written request of Settlor, Trustee shall execute and deliver such consents and instruments as may be requisite to enable Settlor to exercise or avail himself of any option, right, privilege or benefit granted by any of the policies. Upon Settlor's death, or at such later time as may be specified in the policies, the net proceeds of any policies then payable to Trustee hereunder shall be collected by Trustee; the receipt of Trustee for such proceeds shall release the insurance companies from liability on the policies, and the insurance companies shall be under no duty to see to the application of such proceeds. Trustee may take all steps necessary in his opinion to enforce payment of said policies and shall be entitled to indemnify himself out of any property held hereunder against all expenses incurred in taking such action. E. Settlor may also designate Trustee as beneficiary of certain employee death benefits. In such case, Trustee shall -9- collect the proceeds receivable therefrom upon Settlor's death and hold them as part of the Trust Estate. The receipt of Trustee for such proceeds shall be a full acquittance to the administrators of such benefits, and said administrators shall not be liable to see to the application of such proceeds. To the extent that such proceeds are not included in Settlor's estate for federal estate tax purposes, they shall not be used for the payment of death taxes or any administration expenses of his estate. Trustee may select any option available to him as to the time and method of payment of such proceeds and may also exercise any option with respect to the income or death taxes thereon as he in his discretion deems advisable, and his decision in these matters shall be binding upon, and shall not be subject to question by, the beneficiaries. 8. INTERPRETATION. Wherein used in this Agreement the masculine shall be deemed to refer to and include the feminine. 9. APPLICABLE LAW. This Agreement has been delivered to and accepted by Trustee as hereinafter provided in the Commonwealth of Pennsylvania and shall be governed in all respects by the laws of the Commonwealth. 10. ACCEPTANCE BY TRUSTEE AND SUCCESSOR TRUSTEE. Trustee signifies his acceptance of the Trust Estate created hereby and acknowledges (unless otherwise noted in writing) that he has received this day from Settlor the property listed on Schedule "A," attached hereto and made a part hereof by reference. Trustee and successor Trustee agree that they will use the Trust Estate and dispose of the proceeds thereof upon and subj ect to all and singular the trust, terms and provisions set forth in this Agreement. -10- 'lit" L\ A clc~ ~ Settlor confirms the provisions of said Amended and Restated Trust Agreement, reserving to himself the right to amend further the Trust Agreement and this Amended and Restated Trust Agreement. IN WITNESS WHEREOF, Settlor and Trustee have hereunder set their hands and seals the day and year first above written. WITNESS: SETTLOR AND TRUSTEE: "-VG=l~ l,j- l'0,,-:~ r6~1 f 6 ~tL FRANK J./ FISCELLA WITNESS: SUCCESSOR TRUSTEE: , ~ . "'--- ,.., I . \ tt:fLLL lJ:u ~~~ \,~ If ,~.{~:"if)JtA ~ it "\<.~.LI' 1;1 (J;...-J DEBORAH ANN FISCELLA J -11- ACKNOWLEDGMENT COUNTY OF CUHBERLAND ) ) 55: ) COMMONWEALTH OF PENNSYLVANIA On this I the D'i day of M ~~c...H I 1995 I before me a Notary Public, the undersigned officer, personally appeared FRANK J. FISCELLA, known to me, or satisfactorily proven, to be the person whose name is subscribed to the wi thin instrument I and acknowledged that he executed the same for the purpose therein contained. IN WITNESS WHEREOF, I hereunto official seal. .c:-',' ;:- I i:/ !~.JI;~';~'~_~.,- . - . ~ --' -12- ACKNOWLEDGMENT COMMONWEALTH OF PENNSYLVANIA 55: COUNTY OF COHBERLAND On this, the Ot-J day of ~,Prl2{J,-+ , 1995, before me a Notary Public, the undersigned officer, personally appeared DEBORAH ANN FISCELLA, known to me, or satisfactorily proven, to be the person whose name is subscribed to the wi thin instrument, and acknowledged that she executed the same for the purpose therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. $Y,'N6~IC :{Ei'J ~J E::' _ Ccn~: -., .. My Ccm,~,-) -13- Certificate of Trust The undersigned Tru::;tur hereby certifies the following: 1. This Certificate of Trust refers to the FRANK J. FISCELLA TRUST AGREEMENT dated SEP Z 3 1994 under a revocable trust agreement executed by FRANK J. FISCELL~ as Trustor and initial Trustee. ') '-. The disability Trustee(s) for FRANK J. FISCELLA are: DEBORAH ANN FISCELLA 3. The death Trustee(s) for FRANK J. FISCELLA are: . DEBORAH ANN FISCELLA 4. The Trustee(s) under the trust agreement are authorized to acquire, sell, convey, encumber, lease, borrow, manage and otherwise deal with interests in real and personal property in trust name. All powers of the Trustee(s) are fully set forth in Article Eleven of the trust agreement. 5. The trust has not been revoked and there have been no amendments limiting the powers of the Trustee(s) over trust property. 6. No person or entity paying money to or delivering property to any Trustee shall be required to see to its application. All persons relying on this document regarding the Trustees and their powers over trust property shall be held harmless for any resulting loss or liability from such reliance. A copy of this Certificate of Trust shall be just as valid as the original. The undersigned certifies that the statements in this Certificate of Trust are true and correct and that it was executed in the County of Dauphin, Pennsylvania on SEP 23 1994 6~ 1T~~ FRANK J. ~SCELLA iA "tn~." J?x. e-..'+-I" Fr<--... k TEi:>/; e /f..T"{'VAcf, d....~f?.,Q Ail- -e, y- --tJ,,,-dls-lr,J,,, ha"'''tt!" /1 cL~ Ir...fd flo. U'} ..-f-H'j ., ~ I f-!-s; L ~ c..l~oI'''''-1 R/(J4. 1-"6 _ /"f~.~ I.. ..f... C-I-r.1 Q" ""'~ -;~ ~o. + 0 .L... '<. 'T 4"VI_v -~r<2>- In". 'J 'r '" I ~ 4. r. -l~:." e I ~ .l ".. I-- J a.. -."..,,!.... > -I 4 J.~ ., J I 0 V't o-L.&- t-, D ~ ~ ~r e ""'t- ~e-,=, 1........t. Ive/t ~ roe.. '(1m. ~?'\ f AS. F- 5~C(.1.>-o (t~~nFQ.kY'~{i-...Xvs,4. ~ef ~1~O'f)tJ7c)l>q_bo~c;a.." .61-.....'lz::./sCC, /h. , :1"'.... 'S e~ 1--, <.. >- r_~.( ~ Ir'" ~ I ,." I" !rV/.rl," -iJ....7 1- b. "" "'-s-f., >'e j T J ~ Y'<!!- .5\ dll4.idrJk fI1!.. d.. t-!, l'r)~v-j~.A a.....c..~ /;(0 k$ '! .c ~t"t sf l",.e-.~ .Tfi;?_bk.~~ XQ ~.--n ~ f t.1'<e /tc{ :2 S-~-i' N'~'G_O?f. :). S"~ ~z. b -- /-cr ~ J seG~ fa \)~-4 -r... ~ A rJ S.J; d I~ S- Oi..- ~ ~'f,C:>M. J t v,,", r y- (Oy iD---fk.."S ..4. ~e._.....~ ~ '"'C....( &~JC~w 1)/:20<2<1 ,- ~ t +""'^~ 5 5 : f.1- f.+CLe....~ +i) ..f/:;>. t-t.-j_ c--n.<5t...1 e-~ .<1 Y;-t-/~ +- Register of Wills, Cumberland County, Pennsylvania INVENTORY Estate of Frank J. Fiscella No. 21-06-0493 also known as . Deceased Date of Death 03/04/2006 Social Security No. 119-01-5552 Deborah A. Fiscella The Personal Representative(s) of the above Estate, deceased, verify that the items appearing in the following Inventory include all of the personal assets wherever situate and all of the real estate located in the Commonwealth of Pennsylvania of said Decedent, that the valuation placed opposite each item of said Inventory represents its fair value as of the date of the Decedent's death, and that the Decedent owned no real estate outside of the Commonwealth of Pennsylvania except that which appears in a memorandum at the end of this Inventory. I/We verify that the statements made in this Inventory are true and correct. I/We understand that false statements herein are made subject to the penalties of 18 Pa. C. S. Section 4904 relating to unsworn falsification to authorities. Attorney: Marielle F Hazen Personal Representative Signature: Deborah A. Fiscella I.D. No.: 68003 Signature: Signature: Firm: Marielle F. Hazen Address: 2000 Linglestown Road, Suite 202 Harrisburg, PA 17110 Telephone: 717 -540-4332 Address: 13260 Meander Cove Drive Germantown, MD 20874 Telephone: 301-540-4842 Dated: 11/30/2006 Personal Property Cash............................................................................................... Personal Property......................................................................... Stocks/Listed......... ... ....................... ................... ......... .................. Stocks/Closely Held.. ..... .............. ....................... .......................... Bonds.... ................ ............... ....... ........... ........................................ Partnerships and Sole Proprietorships ..................................... Mortgages and Notes Receivable.................................. ............. All Other Property......................................................................... 472.85 1,84'0.00 , ..$.:- -0 Cv -..J Total Personal Property.............. ....... .................... 2,312.85 Total Real Property................................................ 2,312.851 Total Personal and Real Property......................... Total Out-of-State Real Property.......................... \ - \ :~ ~. ;'" ~u MARIEILE F. HAzEN 2000 Linglestown Road Suite 202 Harrisburg, PA 17110 IT..L: (717) 540-4332 F\X: (717) 540-4313 \\wwhazenelderlawcom December 1, 2006 r......,} ,":;..:') .:;J . , I.:,", {'~'\ CERTIFIED MAIL Register of Wills Cumberland County Courthouse One Courthouse Square Carlisle,PA 17013 I ~.- ..J (.J) _J Re: Estate of Frank T. Fiscella 21-06-0493 To: The Register of Wills: Enclosed for filing please find the original and one copy of the above-referenced Inheritance Tax Return and Inventory, along with a copy of the first page of the Inheritance Tax Return. Please date stamp the first page of the return and a copy of the Inventory and return them to my office in the enclosed self-addressed envelope. Also enclosed is a check for the inheritance tax in the amount of $3,064.33 and one in the amount of $30.00 for the filing fee. If you have any questions or require any additional information, please do not hesitate to contact me. Sincerely, ~~~. Jeta Combs Paralegal Enclosures cc: Deb Fiscella, Trustee '" 1'" N :;: () (C l"- Ul Ul .:r Ul ru fTl Ul .:r CI CI CI CI CI r-=l CI .ll o o l"- 1S ~; . i 4' ~!:;; ::11:: ~ ~Il ~ -~ ~ , . - - - - :: < Q) en ::J o ..c t ::J Q) o ...... o~ C 0- (V') c(f)r- en::JQ)O >8~~ >-00 '+-C..c<t Ocuttl.. ...... - ::J Q) ...... 0 - ......Q)OQ) en Ll en "0, E Q) ";: Q) ::J C cu 0::000 -0 ~ C :=: c::: ~ r- ~ 2 c;:: (f) <l! 00 ~N 3 :J~~ 8.~ oE o ;::l ~ NCJ'l:::J: c c ; . .~) ,"-"-) -, -CJ ) C) C)