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<br />. <br /> <br />. <br /> <br />- <br /> <br />CONTINGENT AND LIMITING CONDITIONS <br /> <br />This appraisal report is subject to the following Limiting Conditions and Assumptions: <br /> <br />I. The legal description contained herein is assumed to be correct. <br />2. The appraiser assumes no responsibility for matters legal in nature affecting <br />the property appraised or the title thereto, nor do'es the appraiser render any <br />opinion as to the title, which is assumed to be good and marketable. The <br />property is appraised as though under responsible ownership. <br />3. No survey has been prepared of the property by the appraiser and no <br />responsibility is assumed in connection with such matters. Sketches in this <br />report are included only to assist the reader in visualizing the property. <br />4. Information furnished by others is assumed to be reliable. However, no <br />responsibility for its accuracy is assumed by the appraiser. <br />5. In cases where no soil tests have been submitted, the appraiser has assumed a <br />good subsoil condition, subject to visual observations noted in the report. <br />6. The appraiser assumes that there are no hidden or unapparent conditions of <br />the property, subsoil or structures, which would render it more or less <br />valuable. The appraiser assumes no responsibility for such conditions or for. <br />engineering which might be required to discover such factors. <br />7. The appraiser is not required to give testimony or appear in court because of <br />having made this appraisal with reference to the property in question, unless <br />arrangements have been previously made. <br />8. The distribution of the total valuation in this report between land and <br />improvements applies only under the highest and best use of the property. <br />9. Disclosure of the contents of the appraisal report is governed by the Bylaws <br />and Regulations of the professional appraisal organizations with which the <br />appraiser is affiliated. <br />10. Possession of this report, or a copy thereof, does not carry with it the right of <br />publication. It may not be used for any purpose by any person other than the <br />party to whom it is addressed without the written consent of the appraiser, <br />and, in any event, only with proper written qualifications and 'only in its <br />entirety. <br />I I. Neither all nor any part of the contents of this report, or a copy thereof, shall <br />be conveyed to the public through advertising, public relations, news, sales or <br />any other media without written consent and approval of the appraiser. Nor <br />shall the appraiser, firm or professional organization of which the appraiser is <br />a member be identified without the written consent of the appraiser. <br />12. The value conclusion assumes all taxes and special assessments are paid in <br />full. <br />Environmental Disclaimer: The value opinion in this report is based on the <br />assumption that the property is not negatively affected by the existence of hazardous <br />substances or detrimental environmental conditions, The appraisers are not experts in <br />the identification of hazardous substances or detrimental environmental conditions. It <br />is possible that tests and inspections made by a qualified hazardous substance and <br />environmental expert would reveal the existence of hazardous materials and <br />environmental conditions on or around the property that would negatively affect its <br />value. The client is urged to retain an expert in this field, if desired. <br /> <br />BRKW APPRAISALS, INC. <br /> <br />PAGE 15 <br />