Uspap Compliance Addendum – Fill Out and Use This PDF

USPAP

Compliance

Addendum

File No.

12020011

Borrower

Property Address

310 East Main St.

City

Sylva

County

State NC

Zip Code

28779

Lender/Client

APPRAISAL AND REPORT IDENTIFICATION

This Appraisal Report is one of the following types:

Self Contained (A written report prepared under Standards Rule 2-2(a), persuant to the Scope of Work, as disclosed elsewhere in this report.)

Summary

(A written report prepared under Standards Rule 2-2(b), persuant to the Scope of Work, as disclosed elsewhere in this report.)

Restricted Use

(A written report prepared under Standards Rule 2-2(c), persuant to the Scope of Work, as disclosed elsewhere in this report,

restricted to the stated intended use by the specified client or intended user.)

COMMENTS ON THE STANDARDS RULE 2-3

I certify that, to the best of my knowledge and belief:

·The statements of fact contained in this report are true and correct.

·The

report

analyses,

opinions,

and

conclusions

are

limited

only

by the

reported

assumptions

and

are my personal,

impartial,

and

unbiased

professional

analyses,

opinions, and conclusions.

·I have

no (or the

specified)

present

or prospective

interest in the

property that

is

the

subject

of

this

report

and no

(or

specified)

personal

interest with

respect

to the

parties involved.

·Unless

otherwise

indicated, I

have

performed no

services,

as

an

appraiser

or

in

any

other

capacity,

regarding

the property

that

is

the

subject

of

the

report

within

the

three-year

period

immediately

preceding

acceptance

of

this

agreement.

·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 predeterined

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.

·I

have

or

have not made a personal inspection

of

the

property that is the subject

of

this

report.

·No

one provided

significant real property appraisal assistance to the

person signing

this

certification.

(If

there

are

exceptions,

the

name of

each

individual

providing significant real property appraisal assistance is stated

elsewhere

in

this

report.)

COMMENTS ON APPRAISAL AND REPORT IDENTIFICATION

Note any USPAP related issues requiring disclosure and any State mandated requirements:

MARKETING TIME AND EXPOSURE TIME FOR THE SUBJECT PROPERTY

A reasonable

marketing time for

the

subject

property is

day(s) utilizing market conditions pertinent to the appraisal assignment.

A reasonable exposure time for the subject property is

day(s).

APPRAISER

SUPERVISORY APPRAISER (ONLY IF REQUIRED)

Signature

Signature

Name

Matt Johnson

Name

Date of Signature

February 16, 2012

Date of Signature

State Certification #

54454

State Certification #

or State License #

or State License #

State

NC

State

Expiration Date of Certification or License

12/12/2013

Expiration Date of Certification or License

Supervisory Appraiser Inspection of Subject Property:

Effective Date of Appraisal

Did Not

Exterior-only from Street

Interior and Exterior