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~ This is a Summary Appraisal report w forth under Standard Rule 2-2 ( b) of a Summary Appraisal Report. As suc and analyses that were used in the ap The legal description was assumed ;h is intended to comply with the reporting requirements set : Uniform Standards of Professional Appraisal Practice for it includes summarized discussions of the data, reasoning, iisal process to develop the appraiser's opinion of value. No survey of the property has been ade by the appraiser and no responsibility is assumed in connection with such mat[ers. It shoul be noted that the metes and bounds calls from the description provided were not comple[e. Sketch s in this report are inciuded only ro assist the reader in visualizing the property. No responsibility is assumed for mal opinion of title rendered. The title is of a legal nature affecting title to the property nor is an med to be good and merchantable. Information furnished by others is assi been made to verify such information; appraiser. All mortgages, liens, encumbrances, within the repoR. The property is aF management. Unless otherwise stated in this repoi limitation, asbestos, polychlorinated h may or may not be present on the prop attention of, nor did the appraiser be appraiser has no knowledge of the exi: stated. The appraiser, however, is not of such substances as asbestos, urea f or environmental conditions may effe on the assumption that there is no suc that it would cause a loss in value. No expertise or engineering knowledge r It is assumed that there are no hidden which would render it more or less , for engineering which may be requin such things as foundation failure, a underground storage tanks, cemeteri It is assumed that there is full compli regulations and laws unless non-com It is assumed that all applicable zon to be true, correct, and reliable. A reasonable effort has ~ver, no responsibility for its accuracy is assumed by the and servitude have been disregarded unless so specified as though under responsible ownership and competent the existence of hazardous substances, including without phenyls, petroleum leakage, or agricultural chemicals, which rty, or other environmental conditions, were not called to the ome aware of such, during the appraiser's inspection. The ence of such materials on or in the property unless otherwise ualified to test such substances or conditions. If the presence rmaldehyde foam insulation, or other hazardous substances t the value of the property, the value estimate is predicated condition on or in the property or in such proximity thereto, esponsibility is assumed for any such conditions, nor for any to discover them. unapparent conditions of the property, subsoil, or structures uable. No responsibility is assumed for such conditions or to discover them. These items include but are not limited to -stos, radon gas, covered landfills or toxic dumping sites, and rare and endangered plants and animals. ce with all applicable federal, state and local environmental ance is stated, defined and considered in the appraisal report. use regulations and restrictions have been complied with, PAT MUIRPHY & ASSOCIATES