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04/07/2006 10:45 9035882192 PAGE 02 <br />LaT~rsR or Ttr~ru <br />z, the undersigned, do hereby certify that I have personally <br />toured the property located within the corporate limits of <br />the city of Paris, Lamar County, Texas: ~- called 100'x <br />~,577~ tract of land asst accusately described as s Dam o! <br />the previous rsilKay corridor of the Missouri pacific <br />Railroad Caopsay sad bsiaQ a part of that property drecri~d <br />in Donative Deed to TLe Greater psrir DevwlOpaeat <br />rotu~ation, recorded is~ Voitims 196, page 370, Real Property <br />Records o! Lamar County, Texas, sad coatsiniag a called <br />10.547 acres o! land. <br />To the best of my knowledge and belief, the statements of <br />fact contained in this report and upon which the opinions <br />herein are based are true and correct, subject to the <br />assumptions and limiting Conditions explained in this <br />report. <br />Employment in and compensation for making this appraisal are <br />in no way contingent upon the value reported, and I certify <br />that I have no interest, either present or contemplated, in <br />the subject property, I have no personal interest or bias <br />with respect to the subject matter of the appraisal report <br />or the parties involved. <br />This appraisal report identifies all the limiting conditions <br />(imposed by the terms of the assignment or by the <br />undersigned) affecting the analysis, opinions, and <br />COnclu5ion9 contained in this report. <br />The analysis, opinions, and conclusions contained this <br />report have been developed in accordance with the Code of <br />Professional Ethics and Standards of Professional Practice <br />of the Appraisal Foundation and the Uniform Standards of <br />Professional Appraisal Practice; the use of this report is <br />subject to the requirements of the Appraisal Foundation <br />relating to the review by its duly authorized <br />representatives. <br />No one other than the undersigned, unless identified herein, <br />prepared the analysis, opinions, or conclusions concerning <br />real estate and/or personal property that are set forth in <br />this appraisal report. <br />In my opinion the subject property has an indicated current <br />market value as of Msrch 27, X046, of: <br />0~ SOMDRLD !'OQItT~Di R'AOII871~ DOLLA~t$ <br />cell#, oao~ <br />~ D~ 07 v ~ <br />~i/MO C~iii~.AT~VA ~~idi~i~VV~Q <br />