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. ' ` i <br /> ' , I <br /> IDENTIFZCATION OF PROPERTY � <br /> i � <br /> This property is situated in the 300 Block of West lst Drive �; <br /> at the south edge of the South Towne Plaza, Decatur, I; <br /> � <br /> Illinois. i <br /> � <br /> �' <br /> The legal description is: ' <br /> i,� <br /> Beginning at the Northeasterly corner of Lot - A �; <br /> � of South Shores 4th Addition to the City of � <br /> Decatur, proceed 210.00 feet Northwesterly along �, <br /> i the N.�rtherly line of the parkway as shown in a ; <br /> Resurvey of Lot - A of South Shores 4th 11ddi tion ;' <br /> i as recorded in the Macon County Recorder' s Office � <br /> n <br /> I to the Easterly Right-of-P7ay line of U. S. Route <br /> � 51; thence 115.00 feet Southwesterly along said <br /> Right-of-Way line of U.S. Route 51; thence 210.00 i' <br /> feet Southeasterly parallel with the Northerly !� <br /> line of said Resurvey of Lot - A to a point on the I� <br /> Easterly line of said Resurvey of Lot - A, said ; <br /> point being 115 . 00 feet Southwesterly of the �' <br /> Northeasterly corner of said Resurvey of Lot - A � <br /> as measured along said Easterly line ; thence <br /> � 115.00 feet Northeasterly along said Easterly line <br /> to the point of beginning as ger Records in the <br /> Recorder' s Office of Macon County, Illinois. j; <br /> j�i ; <br /> � <br /> � <br /> �I PURPOSE 11ND FUNC'"ION OF APPRAISAL � <br /> �! I. <br /> i! <br /> ;� The purpose of this apprais3l is to estimate the market ' <br /> �� value of the described property, in fee simple , as of �� <br /> il <br /> ii September 22 , 1987 . The function of the appraisal is <br /> iI understood to be for possible purchase of the property. <br /> ;II , <br /> � <br /> �! DEFINITZON OF VALUE � <br /> I ' <br /> I <br /> � The most probable price in terms of money which a propert� ; <br /> � may bring in a competitive and open market under all ! <br /> '' conditions requisite to a fair sale, the buyer and seller, <br /> each acting prudently, knowledgeably and assuming the price <br /> �� is not affected by undue stimulus. � <br /> �� ' <br /> ,; <br /> Implicit in this definition is the consummation of a sale as <br /> of a specified date and the passing of title from seller to <br /> „ buyer under conditions whereby: <br /> i. <br /> , <br /> � 1 <br /> �� -- ------ -----_, <br /> ROTHFU�S - HUC; APPRAISEitS <br />