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<br />" <br /> <br />,-.J <br /> <br />" <br /> <br />,~ <br /> <br />CERTIFICATION OF VALUE <br /> <br />", <br /> <br /> <br /> <br />,--1 <br /> <br />The undersigned hereby certifies that, to the best of our knowledge and belief: <br /> <br />" <br /> <br />~-.J <br /> <br />(A) <br /> <br />"-' <br /> <br />(B) <br /> <br />,~ <br /> <br />" <br /> <br />.-.J <br /> <br />(c) <br /> <br />'--l <br /> <br />,_.J <br /> <br />r --j <br /> <br />(D) <br /> <br />,_J <br /> <br />The statements of fact contained in the report are true and correct. <br /> <br />The reported analyses, opinions and conclusions are limited only by the <br />assumptions and limiting conditions set forth, and are my personal, unbiased <br />professional analyses, opinions and conclusions. <br /> <br />We have no present or prospective interest in the property that is the subject <br />of this report, and we have no personal interest or bias with respect to the <br />parties involved, <br /> <br />We have no bias with respect to the property that is the subject of this report <br />or to the parties involved with this assignment. <br /> <br />(E) Our engagement in this assignment is not contingent upon developing or <br />reporting predetermined results. <br /> <br />(F) <br /> <br />, J <br /> <br />,.J <br /> <br />, , <br /> <br />,.--1 <br /> <br />'-l <br /> <br />(G) <br /> <br />".J <br /> <br />" <br /> <br />,..J <br /> <br />(H) <br /> <br />--, <br /> <br />,_J <br /> <br />" <br /> <br />(I) <br /> <br />l.-.J <br /> <br />'-' <br /> <br />(J) <br /> <br />, _.J <br /> <br />...J <br /> <br />The appraisers' compensation for completing this assignment is not <br />contingent upon the reporting of a predetermined value or direction in value <br />that favors the cause of the client, the amount of the value estimate, the <br />attainment of a stipulated result, or the occurrence of a subsequent event <br />directly related to the intended use of this appraisal. Furthermore, the <br />appraisal assignment is not based on a requested minimum valuation, a <br />specific valuation or the approval of a loan. <br /> <br />The appraisers' analyses, opinions and conclusions are developed, and this <br />report is prepared, in conformity with the Uniform Standards of Professional <br />Appraisal Practice, and the requirements of the State of Florida for state- <br />certified appraisers, <br /> <br />Use of this report is subject to the requirements of the State of Florida <br />relating to review by the Real Estate Appraisal Subcommittee of the Florida <br />Real Estate Commission, <br /> <br />Thomas F. Magenheimer and J. Mark Quinlivan have made a personal <br />inspection of the property that is the subject of this report, <br /> <br />No one provided significant professional assistance to the person signing <br />this report, <br /> <br />QUINLIVAN APPRAISAL <br /> <br />" <br /> <br />,-.J <br /> <br />1 <br />