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� � ' . LIMITING CONUI-tIUNS AND ASSUMPTIUNS
<br /> This nppraisal Report and the Certification therein set forth is subject to the following limiting conditi�ns and assumptions to wch
<br /> other 'specific and limiting conditions as are set forth by the Appraiser in the report and all persons and firms reviewing, utilizing or
<br /> relying on this report in any manner bind themselves to accept such assumptions and limiting conditions.
<br /> 1. LIMIT OF LIABIL�TY: The liability of Appraiser is limited to the client only and to the fee actually received by Appraiser.
<br /> Further, there is no accountability,obligation or liability to any third party.
<br /> 2. USE OR REPORT: Possession of this report or any copy thereof does not carry with it the right of publication., nor may it he
<br /> used for other than its intended use. The physical report(s) remain the property of the Appralser for the use of the client and the
<br /> client may distribute copies of this appraisal report in its entirety to such third party as he or she may select, however, selected por-
<br /> tions of this appraisal report shall not be given to third parties without the prior written consent of the Appraiser. Neither all, nor any
<br /> part of the content of the report, c�r copy thereof (including conclusions as to the property value, the identity of the Appraiser, pro-
<br /> fessional designations, reference to any professional appraisal organizations, or the firm with which the Appraiser is connected), shall
<br /> be disseminated by anyone to the public through advertising, public relations, news,sales,or other media, without the written consent
<br /> and approval of the Appraiser.
<br /> 3. INFORMAT ION USED: Intormation, estimates and opinions furnished to the Appraiser, and contained in the report were ob-
<br /> taihed from sources considered reliable and believed to be true and correct. hlowever, no responsibility is assumed for accuracy of in-
<br /> formation furnished by others, the client, his designee, or the public record. 1 he comparable sales data relied on in this appraisal is
<br /> i belieti�ed to be from reasonable ur w
<br /> so ces, ho ever, it was not possible to inspect the comparables completely, and it was necescary to
<br /> ref on informati
<br /> y on furnished b others as to said data and ther f
<br /> Y , e ore the value conclusions are subject to the correctness and verifica-
<br /> tion of said data.
<br /> 4, TESTIMONY, POST-APPRAISAL CONSULTATION: Neither the A raiser nor those assistin i re
<br /> n aration of the re ort
<br /> pD 8 p p
<br /> p �
<br /> will be asked or required to give testimony in Court or hearing because of having made the appraisal, in full or in part, nor be engaged
<br /> in post-appraisal consultation with client or third parties except under separate and special arrangement and at additional fee. If testi-
<br /> mony or deposition is required because of any subpoena, the client shall be responsible for any additional time, fees and charges re-
<br /> gardless of issuing party.
<br /> 5. EXHIBITS: The sketch and maps in this report are included to assist the reader in visualizing the property and are not necessa-
<br /> rily to scale. Various photos, if any, are included for the same purpose as the date of the photos. Site plans are not surveys unless
<br /> shown from separate surveyor.
<br /> 6. LEGAL, ENGINEERING, STRUCTURAL, MECHANICAL COMPONENTS, SOIL: (a)The Appraiser has no responsibility
<br /> for matters legal,architectural, structural, mechanical or engineering in character or nature. (b) The legal description furnished or used
<br /> is assumed to be correct and the property is appraised as if free and clear of liens and encumbrance�s and under responsible ownership
<br /> and competent management unless otherwise stated in the report. (c) The Appraiser has inspected as far as possible, by observation,
<br /> the land and the improvements; however, it was not possible to personally observe conditions beneath the soil or hidden structural
<br /> or other type components. The Appraiser has not critically inspected mechanical components within the irnprovements and no re-
<br /> presentations are made herein as to such components unless specifically stated and set forth in the report. 1he value estimate con-
<br /> siders there heing no such conditions that would cause a loss of v�lue and thus it has been assumed that therc are no hidden, un-
<br /> a�rarent conditions of the property site, subsoil, or structures �r toxic materials which would reridcr thc pr<�peity me�re c�r Iess val-
<br /> uable. lhe nnpraiser has no responsib(lity for any such conditc�ns c�r fcir ariy expertise or eiigiiieering tc, discc�ver them.nll mechan-
<br /> ical corn{�onents are assumed to be in operable conditbn aiid status standird for properties of the subject type unless other�viso
<br /> specifically stated. No judgment may be made by the Appraiser as to the adequacy of Insulation, type of insulation, or enerqy effi-
<br /> ciency of the improvements or the equipment which is assumed standard for subject,age and type,
<br /> 7. LEGALf1Y OF USE: Unless othenvise stated in thc report, the appraisil is based on tlie premise that all ipplicihle recleral,
<br /> State �nd local laws, regulations and ordinances pertaining to environmental, zoning, and building and use requlrements have been
<br /> tully cornplicd with.
<br /> 8. COMPONFNI� VAI_UES: The distribution of the total valuation in this report between land and improvements applies only
<br /> under the existing program of utilization. The separate valuations for land and building must not be used in conjunction witli any
<br /> other appraisal and are invalid if so used.
<br /> 9. PROPOSED IMPROVEMEN7S, CONDIIIONFU VALUE: Improvements proposed, if any, on or oif-site, as well as iny re-
<br /> pairs required are considered, for purposes of this appraisal, to be completed in good and workman-like manner according to informa-
<br /> tion submitted ano/or considered by the Appraiser. In cases of proposed construction, the appraisal is subject ro change upon inspect-
<br /> tion of property aft.er const.ruction is completed. This estimate of market value is as of the date shown,as proposed, as if completed
<br /> and operating at levels shown and projected.
<br /> 1�. INSULATION AND TOXIC MATERIALS:"In this anpraisal assignment, the existence of potentially hazardous material used
<br /> in the construction or maintenance of the buildinR, such as the presence of urea-(ormaldehyde foam insul�tion, ancllor the existence o(
<br /> t�xic waste, which may or may not be present on the property, was not observed by me; nor do I have any knowledge of the existence
<br /> of such materials on or In ?he pro�:�erty. The appraiser, however, ls not �ualified to detect such substances, lhe existence of urea-
<br /> forrnaldehyde insulation or other potentially hazardous waste material may have an effect on the value of the property, I (we) urge the
<br /> client to retain an expert in this field if desired."
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