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<br />. <br /> <br />5. INFORMATION USED: No responsibility is assumed for accuracy of the information <br />furnished by work of others, the client, his designee, or public records. I am not liable for <br />such information or the work of possible subcontractors, Be advised that some of the <br />people associated with the Appraiser are independent contractors. The comparable data <br />relied upon in this report has been confirmed with one or more parties familiar with the <br />transaction or from affidavit or other sources thought reasonable; all are considered <br />appropriate for inclusion to the best of my factual judgment and knowledge. An <br />impractical and uneconomic expenditure of time would be required in attempting to <br />furnish unimpeachable verification in all instances, particularly as to engineering and <br />market related information, It is suggested that the client consider independent <br />verification as a prerequisite to any transaction involving sale, lease, or other significant <br />commitment of funds for the subject property, <br /> <br />. <br /> <br />6. TESTIMONY AND COMPLETION OF CONTRACT FOR APPRAISAL <br />SERVICES: The contract for appraisal, consultation or analytical services are fulfilled <br />and the total fee payable upon completion of the report. The appraiser(s) or those <br />assisting in preparation of the report will not be asked or required to give testimony in <br />court or hearing because of having made the appraisal, in full or in part, nor engage in post <br />appraisal consultation with client or third parties except under separate and special <br />arrangement and at additional fee. If testimony or deposition is required because of <br />subpoena, the client shall be responsible for any additional time, fees, and charges <br />regardless of issuing party. <br /> <br />7. EXHIBITS: The sketches and maps in this report are included to assist the reader in <br />visualizing the property and are not necessarily to scale. Various photos, if included, are <br />included for the same purpose as of the date of the photos. Site plans are not surveys <br />unless shown from a separate surveyor, <br /> <br />8. LEGAL, ENGINEERING, FINANCIAL, STRUCTURAL, OR MECHANICAL , <br />HIDDEN COMPONENTS, SOIL: No responsibility is assumed for matters legal in <br />character or nature, nor matters of survey, nor of any architectural, structural, mechanical, <br />or engineering nature. No opinion is rendered as to the title which is presumed to be good <br />and merchantable. The property is appraised as if free and clear, unless otherwise stated in <br />particular parts of the report. <br /> <br />The legal description is assumed to be correct as used in this report as furnished by the <br />client, his designee, or as derived by the appraiser. <br /> <br />. <br /> <br />Please note that no advice is given regarding mechanical equipment or structural integrity <br />or adequacy, nor soils and potential for settlement, drainage (seek assistance from <br />qualified architect and/or engineer); nor matters concerning liens, title status, and legal <br />marketability (seek legal assistance). The lender and owner should inspect the property <br />before any disbursement of funds; further it is likely that the lender or owner may wish to <br />require mechanical or structural inspections by qualified and licensed contractor, civil or <br />structural engineer, architect, or other expert. <br /> <br />NIENHUSER APPRAISAL <br /> <br />- 4 - <br />