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? Y File No. Vl-Ci.'.S3-GS96: Pace':':7 ,,0 APPRAISER'S CERTIFICATION: The Appraiser certifies and agre->..s that: 1. I have researched the subjeçt market area and have seJeçted a minimum crt three recent sales crt properties most similar and proximate to the subjeçt property fer consideration in the sales compariscn analysis and have made a do/Jar adjustment when appropriate to reí'oect the marlœt rea:oon to those items cf s~ant variation. If a significant item in a comparable property is superior to, or more favorable than, the subject property. I have made a negative adjustment to reduce the adjusted sales price crt the comparable and. if a significant item in a comparable property is ir1ferior to, or less favorable than the subjeçt property, I have maœ a positive adjustment to increase the adjusted sales price crt the comparable. 2. I have t2ken into consideration the factors that have an impact on value i1 my development crt the estimate crt market value tn the appraisal report. I h.."Ve not ,-- knowingly withheld arr¡ significant iu'ormation from the appraisal report al1d I believe, to the best crt my knowledge, that all statements and intormation in the appraisaJ report are true and correçt. 3. I stated in the apprajsa report onl'! my own personal, unbias<!d, and professional analysis, opinions, and conclusions, whk:h are subjeçt only to the contir:qent and limiting conditions specified in this form. 4. I have no present or prospective interest in the property that is the subjeçt to this report, and I have 00 present or prosç.,çtive personal interest or bias with respect to the participants in the transaction. I cfid not base. either partially or completely, my analysis andIor the estimate crf market value in the apprajsaJ report on the race, color, rer¡gion. sex, handicap. familial st;tus, or national origin crt either the prospective owners or occupants crt tt;e subjeçt property or crf the present owners or occupants crf the properties in t'1e vicinity crt the subject property. 5. I have no present or contemplated fuiure interest in the subject property, al1d neither my current or future employment nor my compensation for ç~r'.orming this appraisal is corrtingent on the appraised value crt the property. 6. I was not required to report a predetermined value or direction in value that favors the cause of the client or arr.¡ related party, the amount crf the value estimate. the attainment of a speck result, or the occurrence crf a subsequent event Ì1 orOer to receive my compensation ancVor empbyment for performing the appraisal. I ãid oot base the appraisal report on a requested minimum valuation, a speck valuation. or the œed to approve a ~iflC mortgage'loan. 7. I performed this apprajsa in conformity with the Uniform Standards crf Prcrfessional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board crt The Appraisal Foundation and that were in plõ::e as crt the effective date crt this appraisal, with the exI:epfun of the deJ<!rture provMi1 crt those Standards, whk:h does not apply. I æknowledge that an estimate crt a reasooabe time for exposure in the open mai1œt is a conaiOOn Ì1 the definition crt macket value and the estimate I deveJoped is consistent with the marketing time noted Ì1 the neÇhbort1ood secfun crt this report, ur.~ I have otherwise stáed ~ the reconciflation section. 8. I have personally inspected the ilteoor and e:deoor areas crt the subject property and the exterior crt aU properties listed as comparables Ì1 the apjJIëIisaJ report. I further certify that I have noted arr.¡ apparent or known acNer~ condiOOns Í1 the subject improvements, on the subjeçt site, or on arr¡ stte within tf1e rnmeälaíe dnity crt the subject property crt wr.k:h I am aware and have mæe adjustrneris for !t1ese adverse conditions n my arnIysis crt the property value to the extef1t that 'lad mar'æt evidence to support them. I have also commented about the effect crt the acNer5e çoMitions on the marketabiflty crt the subject property. 9. I personally prepared all conclusions and opmions about the real estate that were set forth in the appraisal report. if I relied on si;¡nific;mt professional assistar1ce from arr¡ individual or individuals in the performance crt the appraisaJ or the preparafun crt the a¡¡praisal report, I have named such indivKíual{s) and disclosed the speck tasks performed by them in the reconcHiafun section crt this appraisal report. I cermy that arr¡ individUal so named is qualfu:J to perform the tasks. I have not authorized anyone to make a change to arr¡ œm in the report, thermre. it an unauttxJrized change is made to the appraisal report, I will take no responsibility for it SUPERVISORY APPRAISER'S CERTIFICATION: If a supervisory appraiser signed the appraisal report, re or she ~ and ~ees that I direçtly super.¡ise the appraiser who prepared the appldÌSa/ report, have f'!!Vi!:wed the appraisal report, agree with the statemer:ts and con:!us(¡ns crt the appraiser. 2I'Jree to be bound by the appraiser's certificafuns numbered 4 tí1rouçh 7 above, and am t.aIånJ tua responsibility for the appraisal and the appraisal report. ADDRESS OF PROPERTY APPRAISED: EASEM&'IT. ABA..>;"DO~"MENT MUNICIPAL AIRPORT Su'"3DIVISION , APPRAISER;... ~ SUPERVISORY APPRAISER (only If required): -1~~_. . SÎgf1aí!Jre: ' ..'- , .~ Signature: Name: DONALD W. GRA.!{A.'1. CCRA, CREA, CRA;R."!U Name: u. Oat!! Signed: AUGUST os. 1996 Oates~d: Staœ CertifICation #: TX-13220S6 -G State ~n #: or State License if: or State Lx::ense #: State: State: Expiration Oat!! crt Certification or Lx::ense: JA..'¡UA..~ Y 3 1 , 19 9 8 E;q¡iration Date crt Certñ:afun or License: 0 Did 0 Did Not Inspect Property ffedé:e Ma: Form 439 6-93 Pa;;e 2 crt 2 Farœ Mæ Fom11004B 6-93 Form ACR - crOT,11 zr..œ for 'ffit1Cows' ~ softwace by a Ia mode, ire. -1-800-ALAMOOE