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J <br />~ CERTIFIC TE OF VALUE _64 <br />Subject to the assumptions end limiting conditions set forth herein, it is our opiaioo that the <br />,~ "as is" market value of the property, free and char of financing, as of Tune 4, 1996, is: <br />a3 a • ONE MILLION FOUR HUNDRED THtR~tY-FtvE THOUSAND DOLLARS <br />Based upon reasonable exposure to the open market, the property should sell within 12 <br />- mantha at the concluded value. <br />_~ <br />Respectfully anbatittr:d, <br />-~• LANDMARK VALUATION, INC. <br />~~~U ~~ ~ <br />D eal E. Washburn, MAI ~ Tom D. Sivak <br />President Vice President <br />Colorado Certified Geneial Appraiser Colorado Certified C3eaeral Appraiser <br />#CG01313178 ~ #CG01317720 <br /> <br /> <br />r <br />r <br />r <br /> <br />r,trmt-r,-ats vru,vancrr, txc. <br />RW &W~ AAnu~n ~ Cr~a4uu <br />r <br />