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UNDERLYING ASSUMPTIONS AND CONTINGENT CONDITIONS <br /> The property has been considered as though it were <br /> - free and clear of any indebtedness, liens, or <br /> encumbrance; and that the title is good and <br /> marketable and competent management is assumed, <br /> unless otherwise stated herein. <br /> No responsibility is assumed by the appraiser for <br /> matters which are legal in nature. No survey has <br /> been made and it is assumed that the improvements <br /> are located within the legally described property <br /> and that the buildings comply with all ordinances. <br /> Any sketches and pictures in this report are <br /> included to assist the reader in visualizing the <br /> property. <br /> I believe to be reliable the information identified <br /> in this report as being furnished to me by others <br /> but I assume no responsiblity for its accuracy. <br /> Possession of this report, a copy thereof, or any <br /> part thereof, does not carry with it the right of <br /> publication, nor may it be used for any purpose by <br /> anyone but the applicant or by previous written <br /> consent of the appraiser and the applicant and in <br /> any event, only with property qualifications. <br /> The appraiser herein shall not be required to <br /> appear in court or before any governmental body by <br /> the reason of the completion of this assignment <br /> without predetermined arrangements and agreements. <br /> The distribution of the total valuation in this <br /> report between land and improvements, if any, <br /> applies only under the existing plan of <br /> utilization. <br /> Neither all nor any part of the contents of this <br /> report shall be conveyed to the public through <br /> advertising, public relations, news, sales or other <br /> media, without the written consent and approval of <br /> the author, particularly as to valuation <br /> conclusions, the identity of the appraiser or firm <br /> with which he is connected. <br />