home *** CD-ROM | disk | FTP | other *** search
- ' Edited Form File: U:\Pangaea\Cert.frm
- ' Date Created: 19-Jun-1997 15:46:20
- '
- ' Fonts
- F,1,95,0,0,0,Arial Narrow
- F,2,95,1,0,0,Arial Narrow
- F,3,60,0,0,0,Arial Narrow
- F,4,80,1,0,0,Arial Narrow
- F,5,80,0,0,0,Arial Narrow
- '
- P,1,2,LimCert
- '
- ' Open Rectangles
- R,306,1190,13,13,0,1,0
- R,356,1190,13,13,0,1,0
- '
- ' Filled Rectangles
- R,31,29,558,2,1,1,0
- R,240,1003,345,1,1,1,0
- R,79,1092,219,1,1,1,0
- R,354,1092,219,1,1,1,0
- R,64,1107,234,1,1,1,0
- R,339,1107,234,1,1,1,0
- R,92,1122,206,1,1,1,0
- R,368,1122,205,1,1,1,0
- R,127,1137,170,1,1,1,0
- R,403,1137,170,1,1,1,0
- R,123,1152,175,1,1,1,0
- R,396,1152,177,1,1,1,0
- R,60,1167,238,1,1,1,0
- R,335,1167,238,1,1,1,0
- R,229,1182,68,1,1,1,0
- R,505,1182,68,1,1,1,0
- R,31,1221,547,2,1,1,0
- '
- ' Lines
- '
- ' Images
- '
- ' Text Strings
- T,449,14,4,0,File No.
- T,31,34,2,0,APPRAISER'S CERTIFICATION:
- T,201,34,1,0,The Appraiser certifies and agrees that:
- T,31,58,1,0,1.
- T,53,58,1,0,I have researched the subject market area and have selected a minimum of three recent sales of properties most
- T,31,73,1,0,similar and proximate to the subject property for consideration in the sales comparison analysis and have made a dollar
- T,31,89,1,0,adjustment when appropriate to reflect the market reaction to those items of significant variation. If a significant item in
- T,31,105,1,0,a comparable property is superior to, or more favorable than, the subject property, I have made a negative adjustment to
- T,31,120,1,0,reduce the adjusted sales price of the comparable and, if a significant item in a comparable property is inferior to, or less
- T,31,136,1,0,favorable than the subject property, I have made a positive adjustment to increase the adjusted sales price of the
- T,31,151,1,0,comparable.
- T,31,182,1,0,2.
- T,49,182,1,0,I have taken into consideration the factors that have an impact on value in my development of the estimate of market
- T,31,197,1,0,value in the appraisal report. I have not knowingly withheld any significant information from the appraisal report and I
- T,31,212,1,0,believe, to the best of my knowledge, that all statements and information in the appraisal report are true and correct.
- T,31,243,1,0,3.
- T,50,243,1,0,I stated, in the appraisal report, only my own personal, unbiased, and professional analysis, opinions, and
- T,31,259,1,0,conclusions, which are subject only to the contingent and limiting conditions specified in this form.
- T,31,290,1,0,4.
- T,51,290,1,0,I have no present or prospective interest in the property that is the subject of this report, and I have no present or
- T,31,305,1,0,prospective personal interest or bias with respect to the participants in the transaction. I did not base, either partially or
- T,31,320,1,0,completely, my analysis and/or the estimate of market value in the appraisal report on the race, color, religion, sex,
- T,31,336,1,0,handicap, familial status, or national origin of either the prospective owners or occupants of the subject property or of
- T,31,351,1,0,the present owners or occupants of the properties in the vicinity of the subject property.
- T,31,383,1,0,5.
- T,49,383,1,0,I have no present or contemplated future interest in the subject property, and neither my current or future
- T,31,398,1,0,employment nor my compensation for performing this appraisal is contingent on the appraised value of the property.
- T,31,429,1,0,6.
- T,47,429,1,0,I was not required to report a predetermined value or direction in value that favors the cause of the client or any
- T,31,444,1,0,related party, the amount of the value estimate, the attainment of a specific result, or the occurrence of a subsequent
- T,31,459,1,0,event in order to receive my compensation and/or employment for performing the appraisal. I did not base the appraisal
- T,31,475,1,0,report on a requested minimum valuation, a specific valuation, or the need to approve a specific mortgage loan.
- T,31,506,1,0,7.
- T,48,506,1,0,I performed this appraisal in conformity with the Uniform Standards of Professional Appraisal Practice that were
- T,31,521,1,0,adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place as of the
- T,31,537,1,0,effective date of this appraisal, with the exception of the departure provision of those Standards, which does not apply.
- T,31,552,1,0,I acknowledge that an estimate of a reasonable time for exposure in the open market is a condition in the definition of
- T,31,567,1,0,market value and the estimate I developed is consistent with the marketing time noted in the neighborhood section of
- T,31,583,1,0,this report, unless I have otherwise stated in the reconciliation section.
- T,31,614,1,0,8.
- T,47,614,1,0,I have personally inspected the interior and exterior areas of the subject property and the exterior of all properties
- T,31,629,1,0,listed as comparables in the appraisal report. I further certify that I have noted any apparent or known adverse
- T,31,645,1,0,conditions in the subject improvements, on the subject site, or on any site within the immediate vicinity of the subject
- T,31,660,1,0,property of which I am aware and have made adjustments for these adverse conditions in my analysis of the property
- T,31,675,1,0,value to the extent that I had market evidence to support them. I have also commented about the effect of the adverse
- T,31,691,1,0,conditions on the marketability of the subject property.
- T,31,722,1,0,9.
- T,46,722,1,0,I personally prepared all conclusions and opinions about the real estate that were set forth in the appraisal report. If I
- T,31,737,1,0,relied on significant professional assistance from any individual or individuals in the performance of the appraisal or the
- T,31,753,1,0,preparation of the appraisal report, I have named such individual(s) and disclosed the specific tasks performed by them in
- T,31,768,1,0,the reconciliation section of this appraisal report. I certify that any individual so named is qualified to perform the tasks.
- T,31,783,1,0,I have not authorized anyone to make a change to any item in the report; therefore, if an unauthorized change is made to
- T,31,799,1,0,the appraisal report, I will take no responsibility for it.
- T,31,912,2,0,SUPERVISORY APPRAISER'S CERTIFICATION:
- T,284,912,1,0,If a supervisory appraiser signed the appraisal report, he or she
- T,31,927,1,0,certifies and agrees that: I directly supervise the appraiser who prepared the appraisal report, have reviewed the
- T,31,943,1,0,appraisal report, agree with the statements and conclusions of the appraiser, agree to be bound by the appraiser's
- T,31,958,1,0,certifications numbered 4 through 7 above, and am taking full responsibility for the appraisal and the appraisal report.
- T,31,989,2,0,ADDRESS OF PROPERTY APPRAISED:
- T,31,1020,2,0,APPRAISER:
- T,306,1020,2,0,SUPERVISORY APPRAISER:
- T,462,1020,1,0,(only if required)
- T,31,1077,1,0,Signature:
- T,306,1077,1,0,Signature:
- T,31,1092,1,0,Name:
- T,306,1092,1,0,Name:
- T,31,1108,1,0,Date Signed:
- T,306,1108,1,0,Date Signed:
- T,31,1123,1,0,State Certification #:
- T,306,1123,1,0,State Certification #:
- T,31,1138,1,0,or State License #:
- T,306,1138,1,0,or State License #:
- T,31,1154,1,0,State:
- T,306,1154,1,0,State:
- T,31,1169,1,0,Expiration Date of Certification or License:
- T,306,1169,1,0,Expiration Date of Certification or License:
- T,325,1189,1,0,Did
- T,375,1189,1,0,Did Not Inspect Property
- T,31,1224,1,0,Freddie Mac Form 439 6-93
- T,276,1223,1,0,Page 2 of 2
- T,422,1223,1,0,Fannie Mae Form 1004B 6-93
- T,171,1237,3,0,This form was reproduced by United Systems Software Company (800) 969-8727
-