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Uniform Residential A raisal Re OI't TCF Bank-Direct Lending Ac
<br /> p p p F;,e# 3803WA
<br /> APPRAISER'S CERTIFICATION: The Appraiser certifies and agrees that:
<br /> 1. I have, at a minimum, developed and reported this appraisal in accordance with the scope of work requirements stated in this
<br /> appraisal report.
<br /> 2. I performed a complete visual inspection of the interior and exterior areas of the subject property. I reported the condition of the
<br /> improvements in factual, specific terms. I identified and reported the physical deficiencies that could affect the livability, soundness, or
<br /> structural integrity of the property.
<br /> 3. I performed this appraisal in accordance with the requirements of the Uniform Standards of Professional Appraisal Practice that were
<br /> adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the time this
<br /> appraisal report was prepared.
<br /> 4. I developed my opinion of the market value of the real property that is the subject of this report based on the sales comparison
<br /> approach to value. I have adequate comparable market data to develop a reliable sales comparison approach for this appraisal
<br /> assignment. I further certify that I considered the cost and income approaches to value but did not develop them, unless otherwise
<br /> indicated in this report.
<br /> 5. I researched, verified, analyzed, and reported on any current agreement for sale for the subject property, any offering for sale of the
<br /> subject property in the twelve months prior to the effective date of this appraisal, and the prior sales of the subject property for a
<br /> minimum of three years prior to the effective date of this appraisal, unless otherwise indicated in this report.
<br /> 6. I researched,verified, analyzed, and reported on the prior sales of the comparable sales for a minimum of one year prior to the date
<br /> of sale of the comparable sale, unless otherwise indicated in this report.
<br /> 7. I selected and used comparable sales that are locationally, physically, and functionally the most similar to the subject property.
<br /> 8. I have not used comparable sales that were the result of combining a land sale with the contract purchase price of a home that has
<br /> been built or will be built on the land.
<br /> 9. I have reported adjustments to the comparable sales that reflect the markeYs reaction to the differences between the subject
<br /> property and the comparable sales.
<br /> 10. I verified,from a disinterested source, all information in this report that was provided by parties who have a financial interest in the
<br /> sale or financing of the subject property.
<br /> 11. I have know�edge and experience in appraising this type of property in this market area.
<br /> 12. I am aware of, and have access to, the necessary and appropriate public and private data sources, such as multiple listing services,
<br /> tax assessment records, public land records and other such data sources for the area in which the property is located.
<br /> 13. I obtained the information, estimates, and opinions furnished by other parties and expressed in this appraisal report from reliable
<br /> sources that I believe to be true and correct.
<br /> 14. I have taken into consideration the factors that have an impact on value with respect to the subject neighborhood, subject property,
<br /> and the proximity of the subject property to adverse influences in the development of my opinion of market value. I have noted in this
<br /> appraisal report any adverse conditions (such as, but not limited to, needed repairs, deterioration, the presence of hazardous wastes,
<br /> toxic substances, adverse environmental conditions, etc.) observed during the inspection of the subject property or that I became aware
<br /> of during the research involved in performing this appraisal. I have considered these adverse conditions in my analysis of the property
<br /> value, and have reported on the effect of the conditions on the value and marketability of the subject property.
<br /> 15. I have not knowingly withheld any significant information from this appraisal report and, to the best of my knowledge, all statements
<br /> and information in this appraisal report are true and correct.
<br /> 16. I stated in this appraisal report my own personal, unbiased, and professional analysis, opinions, and conclusions,which are subject
<br /> only to the assumptions and limiting conditions in this appraisal report.
<br /> 17. I have no present or prospective interest in the property that is the subject of this report, and I have no present or prospective
<br /> personal interest or bias with respect to the participants in the transaction. I did not base, either partially or completely, my analysis
<br /> and/or opinion of market value in this appraisal report on the race, color, religion, sex, age, marital status, handicap, familial status, or
<br /> national origin of either the prospective owners or occupants of the subject property or of the present owners or occupants of the
<br /> properties in the vicinity of the subject property or on any other basis prohibited by law.
<br /> 18. My employment and/or compensation for performing this appraisal or any future or anticipated appraisals was not conditioned on
<br /> any agreement or understanding, written or otherwise, that I would report(or present analysis supporting) a predetermined specific
<br /> value a nredetermined minimum value a ranae or direction in value a value that favors the cause of anv oartv. or the attainment of a
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