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This limited value analysis has been made in conformity with accepted professional, ethical <br />and performance standards of real estate appraisal practice. It cannot be completely <br />understood without reading the "Contingent and Limiting Conditions" section of this report, <br />and should be thoroughly read and understood before relying on .any information or analysis <br />presented herein. If .you have any questions or comments after reading. the appraisal, please <br />contact the firm. <br />The undersigned appraisers hereby certify that we have investigated all informatioh believed <br />to indicate the value, and that to the best of our knowledge and beliefs, the statements <br />contained in this limited value analysis, and the opinions expressed herein are correct, subject <br />to the limiting conditions herein set forth. <br />Certified to this 25th day of <br />October, 1995 - <br />PETER J. PATCHIN & ASSOCIATES, INC. <br />Clay M. Dodd <br />~ ~ Minnesota Certified General License #20019812 <br />.~ <br />~ ~ }anon L. Messner, MAI <br />Minnesota Certified General License #4000836 <br />• <br />Peter J. Patchin & Associates, Inc. <br />