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9563 <br />• DATE OF APPRAISAL <br />1 <br />The effective date of this Limited value analysis is October 18, 1995. The date of <br />inspection of the subject was also October 18, 1995. <br />The purpose of this appraisal is to estimate the market value of the fee simple interest of <br />the subject property. The function or use of this analysis is to assist the client in <br />determining trunk assessments. <br />The subject property will be appraised by estimating the market value of the fee simple <br />• estate of the real estate. For use in this appraisal, the market value of the fee simple estate <br />m the real estate is subject to the following definition obtained on Page 140 of Ltl~ <br />ictiona of Real Estate ~, raisal, Third Edition, Appraisal Institute. <br />Absolute ownership unencumbered by any other interest or estate, subject only to <br />the limitations imposed by the governmeraal powers of taxcuion, eminent domain, <br />police power and escheat. <br /> <br />Peter J. Patchin & Associates, Inc. <br />