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• <br /> Page Two <br /> Appraisal <br /> Mr. Masters <br /> ASSUMPTION AND LIMITING CONDITIONS <br /> The property rights being appraised are those of fee simple <br /> ownership. The appraiser assumes no responsibility for <br /> matters legal in nature, and does not render opinion of <br /> title, which is assumed to be marketable. <br /> Information furnished by others is believed reliable and has <br /> been verified where possible, however, this data is not <br /> warranted. <br /> The undersigned appraiser certifies that he has no interest, <br /> present or prospective, in the subject matter of this <br /> appraisal; that the amounts as shown above. are, in his <br /> opinion, a fair market value of the property described <br /> herein, subject only to such exceptions as may be set out in <br /> writing above, and that no survey of the subject property <br /> has been made by him, and that he assumes that the buildings <br /> are properly located within the property lines and that the <br /> zoning regulations to which the real estate may be subject <br /> have not been violated. <br /> Respectfully submitted, <br /> Bernard F. Diedrich, CRA, CCIM <br /> BFD/tlk <br />