PROPERTY EVALUATION (RESTRICTED REPORT)
CERTIFICATION We certify that as of May 21, 2019:
• The statements of fact contained in this report are true and correct. • The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions and are my personal, impartial, and unbiased professional analyses, opinions, and conclusions. • I have no present or prospective interest in the property that is the subject of this report and no personal interest with respect to the parties involved. • I have no bias with respect to the property that is the subject of this report or to the parties involved with this assignment. • My engagement in this assignment was not contingent upon developing or reporting predetermined results. • My compensation for completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value opinion, the attainment of a stipulated result, or the occurrence of a subsequent event directly related to the intended use of this appraisal. • My analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice. • Greg Moon has made a personal inspection of the property that is the subject of this report. Stephen Bethel has not. • Chelsea Casseday provided minor real property appraisal assistance to the person signing this certification. • The reported analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the requirements of the Code of Professional Ethics & Standards of Professional Appraisal Practice of the Appraisal Institute, which include the Uniform Standards of Professional Appraisal Practice. • The use of this report is subject to the requirements of the Appraisal Institute relating to review by its duly authorized representatives. • As of the date of this report, I (Stephen K. Bethel) have completed the continuing education program of the Appraisal Institute. • Stephen K. Bethel, MAI is a "Certified General Real Estate Appraiser" within the state of California. Mr. Bethel's BREA Appraiser Identification Number is AGO13533. • This appraisal report is invalid unless all signature pages have been signed. • We are competent to value this particular property type and have valued similar property types. • Disclosure of the contents of this appraisal report is governed by the Bylaws and Regulations of the Appraisal Institute. • I have not provided any services as an appraiser or in any other capacity regarding the subject property within the prior three years. The Appraisal Institute conducts voluntary programs of continuing education for its designated members. MAIs who meet the minimum standards of this program are awarded periodic educational certification. Respectfully submitted,
Stephen K. Bethel, MAI, MA, MA, BA California BREA License Number AG013533
Greg Moon, BA
California BREA License Number AT3002681
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