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• � M i -1 -& 7699 5 Pd e#6
<br /> 1606�401AW
<br /> Unifarm Residential A raisal:Report �Ieq�7_�7..5.�769935
<br /> APPRAISER'S CERTIFIGATION:. The Appratser-aedHies:and agrees tha.t:
<br /> 1;�I haye,at.a minimum,.developed and reported this app�aisal in ae�ordance witii the:scope.of Wods requirements.stated in
<br /> this apprafsal report.
<br /> 2. t perfartned a completo visual inspection ot the interior.and exterior areas o!iha subject.property. I.reported tfie candition
<br /> ot the improvements in tacivat, specitic.tarms: I Identified and reported the�physical deticiencies that cauld aHect.the
<br /> _livability, soiindness, or st�uctural inlegrity qt.tho prope�ty.
<br /> �3. I perforrneB ihis appraisal in accordance with ihe requlrements of the UnitoRn Staodartls of Professional Appraisal
<br /> PraCijCe 1haC were,adapted and pramulgated tiy,tho�Appra(sal Standards Board of The Appraisal Foundation and that wore Irr
<br /> piace at.the time ibis appraisal repod was prepared.
<br /> 4:-!developed my:opinian of the markei value of the real prrmperty ihat is the subject of ihis-repo�t based on the sales
<br /> comparison•approagh 10 vaiue..I have adequate.comparabie market data to.develap a reliabla sales comparison approacn
<br /> tor this a�pralsal assignmQnt. I further certity that I coosidered the cast and incomo approachos to.vaiue but.did not,develop
<br /> them, unless otheriyise tndicatad in ihis report. �
<br /> 5. 7 researahed, verifietl,,analyzed, and reported on any current agreement tor sale for the subjeci property, any offering fo�
<br /> sale o(t6e.subject property in the twelve months prior to i6n cifective date of this appraisal,and'the prior sates of�the.su6Ject�
<br /> prapertyr'tor a:minimum.of three yeais prior to ihe efieciiva dato of this appraisai,uniess otherwise indiCated (n this report_
<br /> 6. .I researched,veritied, anatyied, and reported on the prior sales ot ihe comparabie,sales tor a�minimum ot one year prior
<br /> to the date ot sale of tha comparabie sale, untess atheiwise indicated in ihis report.
<br /> 7. I selected and used comparable sales that are locatianally,physicalfy,and funcUonalty the mosi similar to,the subject property,
<br /> 8: 1 have not used.coinparabie saies that ivero.tha.rosutt ot combin(ng a�land sale wlth the contract puret�ase price pf a hamo�ihat
<br /> 'fias been buift or.ivill be buift on the land.
<br /> 9: I have roported adjustments to the.ctimparable sales that�eilect lhe:market's reactlon to tba difter�nces 6etween the su6jeCt
<br /> property and the comparabie sates.
<br /> 10. I vadfiad,irom a dlsinterested source,ali infarmatlon io this�opari.ttiat was,prov(ded by parties who have a financial(nteres!in
<br /> the sale or financing of the subject propgrty., '
<br /> 11. I have knowiedge and expedence fn appraising thls type oi property 1n this market.area,
<br /> 12: I am aavaro:.of,and havo;access to,the nacessary and apprapriate pubtie and.privatv data sources,.such as muhipio listing
<br /> serv(ces,tax assessment records,public larid records and other such data sources tor the area in whiGh the property,is.located:
<br /> 13. I obtained the information, esiimates, and opinions iumished by other,parties and expressed in,this appraisal report,trom
<br /> reliable sources ihat I believe to be tnio and cortecl:
<br /> 14. 1 have taken Into consideration�the factors that have an impact on yaluo wiih respect to iha subject naighborhood, subject
<br /> property;and.the praximity ot ihe subject property to adverse intiuences in the development at my opinian ot inaiket,value. i
<br /> have noted`in this'appratsal report:any adverse conditions{sucfi as, but not.11mited to, needed'repairs, detedoralion,ihe
<br /> presenco•at hazardous wastes,toxic substaaces, adverse environmental canditions, etc.)obsatved duonq tha inspection oi the
<br /> subject praperty or that I became a�va�e bf duri�g the rasearch involved in perfomting this appraisal. I have consideretl thase
<br /> adverse conditions in my anatysis af the property value,and hav���eported'an the effeck ot the eonditions an lhe value and
<br /> marketability of iho subjeot proparty.
<br /> 15. I have not knowingiy,withhe�d any signiflcant iniormation from i6is appraisal report and,to the best nt my knowledge,all
<br /> statements�and in}ormation in this appr'aisal report are true.and correct.
<br /> 16. f siatod in this appraisai repart.my own personal,unbiased,and professional analysis,opinions; and conctusions, vrhich
<br /> are subject only:to the assumpUons and Umiting canditions"in this appraisal report.
<br /> '17. I havo no present or prospuctive�interest fn tho property that is tHe subject of this repori,a�d�have,no present or
<br /> prospective personal�interest_or:bias.with�espect to tbe_participants in tho transaction,I did not base:either partially or
<br /> completely,my anaiysis and/or opinion_ot market valuo in this apprafsaf report on fhe race,color, reifgton, sox,age, madtal
<br /> status,haadicap;.familiai,status,or national.orlgin of either the prospeciive ownors on occupants of ihe subjectproperty-or of the
<br /> present owners or occupants ot.tfie propertles.in the vlciniry of.the.subject property or on any othorbasis prohibfted by lativ..
<br /> 18: My employment and/ar compensation for periorminfl.tbis appraisal or any tuture or antictpated appraisals was not
<br /> canditiqned.on�any agreement ar understand[ng, written aa otherwise,that:I would-�eport.(or present'analysis supporting)a
<br /> predetemtined specific 4alue, a predetermined minlmum vafue, a ranga ordiroction in�value, a value.that.favors tha cause of
<br /> any party,oP'Uie..arialnment of a specific resuit ai occurrenee of a speciiic sub5equent,eJenY{sucfi as apprbvai'oi..a pend(ng
<br /> mortgaga loan apptication).
<br /> 19: I.pa�sonaliy prnpared�all conclusions and opinions atiout the�aai esstate ihat werQ set forih in this appraisat repoit. If l
<br /> re(ied on significarrt roal.property appra�al,assistanco irom-any individUal,ar intlividuals in the pedarmanca of_this apprafsal
<br /> or thv preparation ot this.apptaisal report; I hava�named such indiv�duai{s) and tlisclosed the specific'tasks.pedormed in iliCs
<br /> appraisai;repo�. I cerlify that any Individual so named is quali(ied to:perform�the tasks. I have not.autharized anyone to.rtiako
<br /> a change to any.item in this.appraisal report;therefore,any change mado fo ihls appraisal is unautF%orized and i wi�l take;no
<br /> responsibility tqr iG
<br /> 20. 1(dentified:the le�dor/ciient,in lhis appraisai�eport who is the individual, organizatton,or apent tor the organization that
<br /> ordered and wili recefve ihis appraisal report:
<br /> Fr9tlde MaC form 70 Marcti4005 UAD Version 912011 Page 5 of 6 fannie PAaa fomi 1004 March 2005
<br /> Form 10Q4UAD—'WinTOTAI'appra'isal safnvare 6y a la mode,inc.—1�8(1U•A!AldODE
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