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<br />APPRAISERS' CERTIFICATE: <br /> <br />We certify that, to the best of our knowledge and belief: <br /> <br />(1) <br /> <br />The statements of fact contained in this report are true and correct. <br /> <br />(2) The reported analyses, opinions, and conclusions are limited only by the reported assumptions and <br />limiting conditions, and is our personal, unbiased professional analyses, opinions and conclusions. <br /> <br />(3) We have no present or prospective interest in the property that is the subject of this report, and we <br />have no personal interest or bias with respect to the parties involved. <br /> <br />(4) Our compensation is not contingent upon the reporting of a predetennined value or direction in <br />value that favors the cause of the client, the amount of the value estimate, the attainment of a stipulated result, or the <br />occurrence of a subsequent event. <br /> <br />(5) Our analyses, opinions, and conclusions were developed and this report has been prepared in <br />conformity with the Uniform Standards of Professional Appraisal Practice. i <br /> <br />(6) Our analyses, opinions, and conclusions were developed, and this report has been prepared, in <br />conformity with the requirements of the Code of Professional Ethics, the Standards of Professional Practice of the <br />Appraisal Institute and the Texas Appraiser Licensing and Certification Board. <br /> <br />(7) The use of this report. is subject to the requirements of the Appraisal Institute and the Texas <br />Appraiser Licensing and Certification Board relating to review by its duly authorized representatives. <br /> <br />(8) As of the date of this report, I, David R. Dominy and Michael W. Welch have completed the <br />applicable requirements under the continuing education program of the Appraisal Institute and the Texas Appraiser <br />Licensing and Certification Board. <br /> <br />(9) <br />(10) <br /> <br />The property has been inspected by David R. Dominy, Michael W. Welch and James P. Patterson. <br /> <br />Randy B. Moultry provided significant professional assistance to the person(s) signing this report. <br /> <br />INTEGRA REALTY RESOURCES - HOUSTON <br />BY: <br /> <br />~ <br /> <br />~~ <br /> <br />-- <br /> <br />David R. Dominy <br />TX-1321542-G <br /> <br />~~ <br /> <br />Michael W. Welch <br />TX-1323054-G <br /> <br />1- --f -" ----f¿. - <br /> <br />James P. Patterson <br />TX-1331060-Trainee <br /> <br />Page 1.4 <br />