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15. If the attached appraisal report considers an analysis of existing lease <br />data, this analysis is restricted to the lease terms as provided to the <br />appraiser and not on our review of lease documents. Any review of lease data <br />is also restricted to only economic considerations and not legal provisions <br />or restrictions. <br />16. Acceptance of and /or use of this appraisal report constitutes acceptance of <br />the foregoing general assumptions and general limiting conditions. After the <br />report is complete and delivered, the scope of this assignment is finished. <br />Certified Appraisal Services, Inc. is available for additional consultation <br />or evaluation work, billed at an hourly rate. <br />17. This is a Restricted -Use Appraisal Report and is intended to comply with the <br />developing and reporting requirements under Standard Rules 1 & 2 of the <br />Uniform Standards of Professional Appraisal Practice (USPAP) of the Appraisal <br />Foundation and the Financial Institution Reform, Recovery and Enforcement Act <br />of 1989 (FIRREA) Title XI regulations. It is written in a somewhat <br />abbreviated narrative style but is considered to be sufficiently descriptive <br />to allow the reader to follow the reasoning and logic of the appraisal. <br />18. This is a RESTRICTED USE APPRAISAL REPORT for use by the client only and no <br />part of the report, or copy thereof (including conclusions as to the property <br />value, the identity of the appraisers or the firm with which the appraisers <br />are connected) shall be used for any purpose by anyone but the client <br />specified in the report without the previous written consent and approval of <br />the appraisers. <br />HYPOTHETICAL CONDITIONS: <br />1. This appraisal and the value herein estimated assume the subject property is <br />as follows: <br />According to county records the subject site contains a gross area of 209,284 <br />square feet or about 4.80± acres and the site is 100% buildable. See AERIAL MAP on <br />page 19 for visual representation. The areas mentioned above were obtained from <br />Anoka County Property Records. The appraisers were not supplied with a professional <br />survey of the subject site. If a professional survey is supplied at a later date <br />and it determines the subject site to be larger or smaller than reported in this <br />appraisal, the appraisers reserve the rights to amend this appraisal. <br />5 <br />