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<br />1 O. In reference to proposed construction, the real estate taxes and other expenses are estimated.
<br />These amounts are not guaranteed.
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<br />11. It is assumed in the valuation of the subject land site, unless a compliance letter has been
<br />furnished to us, that the State of Florida Growth Management Act does not prevent the
<br />issuance of a building permit.
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<br />12. It is assumed that all required licenses, certificates of occupancy, consents, or other
<br />legislative or administrative authority from any local, state or national government or
<br />private entity or organization have been or can be obtained or renewed for any use on which
<br />the value estimate contained in this report is based.
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<br />13. It is assumed that the utilization of the land and improvements is within the boundaries of
<br />property lines of the property described and that there is no encroachment or trespass unless
<br />noted in the report.
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<br />This Appraisal Report has been made with the following general limiting conditions:
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<br />1. The distribution, ifany, of the total valuation ofthis report between land and improvements
<br />applies only under the stated program of utilization. The separate allocations for land and
<br />buildings must not be used in conjunction with any other appraisal and are invalid if so
<br />used.
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<br />2. Possession of this report, or a copy thereof, does not carry with it the right of publication.
<br />It may not be used for any purpose by any person other than the party to whom it is
<br />addressed without the written consent of the appraisers, and in any event, only with proper
<br />written qualification and only in its entirety.
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<br />3. The appraisers herein by reason ofthis appraisal is not required to give further consultation,
<br />testimony, or be in attendance in court with reference to the property in question unless
<br />arrangements have been previously made.
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<br />4. Neither all nor any part of the contents of this report (especially any conclusions as to
<br />value, the identity of the appraisers, or the firm with which the appraisers are
<br />tonnected) shall be disseminated to the public through advertising, public relations, news,
<br />sales, or other media without the prior written consent and approval of the appraisers.
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<br />QUINLIVAN APPRAISAL
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