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<br />" <br /> <br />,~ <br /> <br />" <br /> <br />ASSUMPTIONS AND LIMITING CONDITIONS <br /> <br />"j <br /> <br />" <br /> <br /> <br /> <br />,,,j <br /> <br />This Appraisal Report has been made with the following general assumptions: <br /> <br />" <br /> <br />" <br /> <br />1. No responsibility is assumed for the legal description or for matters including legal or title <br />considerations. Title to the property is assumed to be good and marketable unless otherwise <br />stated. <br /> <br />~ <br /> <br />----! <br /> <br />2. The property is appraised free and clear of any or all liens or encumbrances unless <br />otherwise stated. <br /> <br />" <br /> <br />,~ <br /> <br />3. Responsible ownership and competent property management are assumed. <br /> <br />'I <br /> <br />l,,) <br /> <br />4. The information furnished by others is believed to be reliable. However, no warranty is <br />given for its accuracy. <br /> <br />", <br /> <br />. ,j <br /> <br />5. All engineering is assumed to be correct. The plot plans and illustrative material in this <br />report are included only to assist the reader in visualizing the property. <br /> <br />r, <br /> <br />6. If no survey has been furnished to the appraisers, all measurements have been confirmed <br />either in the field, in the plat book or by other reliable sources and are presumed to be <br />accurate. <br /> <br />, _J <br /> <br />, , <br /> <br />" ) <br /> <br />7. It is assumed that there are no hidden or unapparent conditions of the property, subsoil, or <br />structures that render it more or less valuable. No responsibility is assumed for such <br />conditions or for arranging for engineering studies that may be required to discover them. <br /> <br />" <br /> <br />~_J <br /> <br />,,,j <br /> <br />8. It is assumed that there is full compliance with all applicable federal, state and local <br />environmental regulations and laws unless noncompliance is stated, defined and considered <br />in the Appraisal Report. <br /> <br />'---1 <br /> <br />~, <br /> <br />9. It is assumed, unless a study has been provided otherwise, that no hazardous material such <br />as asbestos, urea formaldehyde or other toxic waste exists in the property. The existence <br />of a potentially hazardous material could have a significant effect on the value of the <br />property . <br /> <br />,,j <br /> <br />" <br /> <br />~.J <br /> <br />" <br /> <br />~J <br /> <br />" <br /> <br />,~ <br /> <br />---, <br /> <br />,,,,) <br /> <br />---, <br /> <br />~ <br /> <br />QUINLIVAN APPRAISAL <br /> <br />" <br /> <br />37 <br /> <br />,__J <br />