6. SR 10-30-1995 - Laserfiche WebLink

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CONTINGENT AND LIMITING CONDITIONS (Continued) 14. It is assumed that all applicable zoning and use regulations and restrictions have been complied with, unless anon-conformity has been stated, defined and considered in the appraisal report. It is assumed that the utilization of the land and improvements is within the boundaries or property lines of the property described and that there is no encroachment or trespass unless. noted within the report. 15. The distribution of the total valuation in this report between land and improvements applies only under the reported highest and best use of the property. The allocations of value for land and improvements must not be used in conjunction with any other appraisal and are invalid if so used. 16. It is assumed that there is full compliance with aJl applicable .federal, state and local environmental regulations and laws unless non-compliance is stated, defined and considered in the appraisa! report. 17. The appraiser was not aware of the presence of soil contamination on the subject property, unless otherwise noted in this appraisal report. The effect upon market value, due to contamination was not considered in this appraisal, unless otherwise stated. 18. The appraiser was not aware of the presence of asbestos or other toxic contaminants in the building(s), unless otherwise noted in this report. The effect upon market value, due to contamination was not considered in this appraisal, unless otherwise stated. 19. Unless otherwise stated in this report, the existence of hazardous material, . which may or may not be present on the property, was not observed by the „appraiser. The appraiser has no knowledge of the existence of such materials on or in the property. The appraiser, however, is not qualified to detect such substances. The value estimate is predicated on the assumption that there is no such material on or in the property that would cause a loss in value. No responsibility is assumed for any such conditions, or for any expertise or engineering knowledge required to discover them. The client is urged to retain an expert in this field, if desired. 20. The value stated in this report is fee simple, assuming responsible owner- ship and management, unless otherwise indicated. This appraisal recog- nizes that available financing is a major consideration by typical purchasers of income producing real estate in the market, and the appraisal assumes availability of financing to responsible and sufficiently substantial pur- chasers of the property in amounts similar to those indicated in this report. 21. The appraiser has neither present nor contemplated interest in the property appraised. His employment is not contingent upon the value reported. 22. Unless otherwise stated in this report, the appraisers have not made a surveyor analysis to determine whether the property is in compliance with "The Americans with Disabilities Act" (ADA). If the property is not in compliance with the ADA, it could have a negative effect on the value of the property. Peter J. Patchin & Associates, Ittc. Peter 7. Patchin & Associates, Inc. First Interstate Bank of Arizona Stearns County Peter J. Patchin & Associates, Inc.