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1 J B Lofton Realty & Appraisals FROM: J B Lofton Realty & Appraisals J B Lofton Realty & Appraisals P.O. Box Market Street Cheraw, SC Telephone Number: (843) TO: 7340 Hunter Branch Dr Atlanta, GA Fax Number: INVOICE INVOICE NUMBER A728 DATE 01/23/2017 REFERENCE Internal Order #: A728 Client File #: Main File # on form: A728 Other File # on form: Telephone Number: Alternate Number: Fax Number: Federal Tax ID: Employer ID: DESCRIPTION Client: Property Address: 819 Triple Creek Rd City: Mount Croghan County: Chesterfield State: SC Zip: Legal Description: Deed Book 330, Pg. 539, Book 359, Pg. 251; & Book 400, Pg.867 FEES AMOUNT SUBTOTAL PAYMENTS AMOUNT Check #: Date: Description: Check #: Date: Description: Check #: Date: Description: SUBTOTAL 0 TOTAL DUE Form NIV3_LT - "TOTAL" appraisal software by a la mode, inc ALAMODE

2 APPRAISAL OF REAL PROPERTY LOCATED AT 819 Triple Creek Rd Mount Croghan, SC Deed Book 330, Pg. 539, Book 359, Pg. 251; & Book 400, Pg.867 FOR 7340 Hunter Branch Dr Atlanta, GA OPINION OF VALUE 329,000 AS OF 01/16/2017 BY JEREMY H LOFTON J B Lofton Realty & Appraisals P.O. BOX 1026, 214 MARKET STREET CHERAW, SC (843) JEREMYLOFTON@GMAIL.COM Form GA1V_LT - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 1

3 Owner Property Address City Client Deborah J. Iseman c/o Lawrence H. Molnar 819 Triple Creek Rd County Chesterfield Mount Croghan File No. A728 State SC Zip Code TABLE OF CONTENTS Cover Page... 1 USPAP Identification... 2 Letter of Transmittal... 3 SUBJECT MAP... 4 NEIGHBORHOOD MAP... 5 SUBJECT MAP... 6 SUBJECT - AERIAL TAX MAP... 7 Building Sketch... 8 GP Residential... 9 GP Residential Additional Comparables GP Residential General Text Addendum GP Residential GP Residential Certifications Addendum SUBJECT - Partial Plat SUBJECT - Partial Plat SUBJECT - Partial Plat SUBJECT - FEMA FLOOD MAP (1) SUBJECT - FEMA FLOOD MAP (2) SUBJECT - USDA SOIL MAP - Page SUBJECT - USDA SOIL MAP - Page SUBJECT - USDA SOIL MAP - Page SUBJECT - USDA SOIL MAP - Page Subject Photos Photograph Addendum Photograph Addendum Photograph Addendum Photograph Addendum Photograph Addendum Photograph Addendum Photograph Addendum Photograph Addendum Photograph Addendum Photograph Addendum Comparable Sales Map Comparable Sales 1 & Comparable Sales 2 & Comparable Sales Comparable Sales Comparable Photos SALE 1 - AERIAL MAP SALE 2 - AERIAL MAP SALE 3 - AERIAL MAP Comparable Photos SALE 4 - AERIAL MAP SALE 5 - AERIAL MAP SALE 6 - AERIAL MAP APPRAISERS RESUME - Page APPRAISERS RESUME - Page APPRAISERS RESUME - Page APPRAISERS RESUME - Page Form TOCNP_LT - "TOTAL" appraisal software by a la mode, inc ALAMODE

4 Owner Property Address City Client Deborah J. Iseman c/o Lawrence H. Molnar 819 Triple Creek Rd Mount Croghan Page # 2 File No. A728 County Chesterfield State SC Zip Code APPRAISAL AND REPORT IDENTIFICATION This Report is one of the following types: Appraisal Report (A written report prepared under Standards Rule 2-2(a), pursuant to the Scope of Work, as disclosed elsewhere in this report.) Restricted Appraisal Report (A written report prepared under Standards Rule 2-2(b), pursuant 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 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 reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions and are my personal, impartial, and unbiased professional analyses, opinions, and conclusions. - Unless otherwise indicated, I have no present or prospective interest in the property that is the subject of this report and no 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 this report within the three-year period immediately preceding acceptance of this assignment. - I have no bias with respect to the property that is the subject of this report or 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 predetermined 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 that were in effect at the time this report was prepared. - Unless otherwise indicated, I have made a personal inspection of the property that is the subject of this report. - Unless otherwise indicated, no one provided significant real property appraisal assistance to the person(s) 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: APPRAISER: SUPERVISORY or CO-APPRAISER (if applicable): Signature: Name: JEREMY H LOFTON Signature: Name: SRA State Certification #: 2914 or State License #: Expiration Date of Certification or License: State: SC 06/30/2018 Date of Signature and Report: 01/24/2017 Effective Date of Appraisal: 01/16/2017 Inspection of Subject: None Interior and Exterior Exterior-Only Date of Inspection (if applicable): 01/16/2017 State Certification #: or State License #: Expiration Date of Certification or License: State: Date of Signature: 01/24/2017 Inspection of Subject: None Date of Inspection (if applicable): Form ID14_LT - "TOTAL" appraisal software by a la mode, inc ALAMODE Interior and Exterior Exterior-Only

5 J B Lofton Realty & Appraisals P.O. BOX 1026, 214 MARKET STREET CHERAW, SC (843) /24/ Hunter Branch Dr Atlanta, GA Re: Property: Borrower: File No.: 819 Triple Creek Rd Mount Croghan, SC A728 Opinion of Value: 329,000 Effective Date: 01/16/2017 In accordance with your request, we have appraised the above referenced property. The report of that appraisal is attached. The purpose of the appraisal is to develop an opinion of market value for the property described in this appraisal report, as improved, in unencumbered fee simple title of ownership. This report is based on a physical analysis of the site and improvements, a locational analysis of the neighborhood and city, and an economic analysis of the market for properties such as the subject. The appraisal was developed and the report was prepared in accordance with the Uniform Standards of Professional Appraisal Practice. The opinion of value reported above is as of the stated effective date and is contingent upon the certification and limiting conditions attached. It has been a pleasure to assist you. Please do not hesitate to contact me or any of my staff if we can be of additional service to you. Sincerely, JEREMY H LOFTON SRA License or Certification #: 2914 State: SC Expires: 06/30/2018 JEREMYLOFTON@GMAIL.COM Page # 3

6 SUBJECT MAP Form SCNLTR - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 4

7 NEIGHBORHOOD MAP Form SCNLTR - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 5

8 SUBJECT MAP Form SCNLTR - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 6

9 SUBJECT - AERIAL TAX MAP Form SCNLTR - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 7

10 Building Sketch Owner Property Address City Client Deborah J. Iseman c/o Lawrence H. Molnar 819 Triple Creek Rd County Chesterfield Mount Croghan State SC Form SKT.BLDSKI - "TOTAL" appraisal software by a la mode, inc ALAMODE Zip Code Page # 8

11 J B Lofton Realty & Appraisals Page # 9 MARKET AREA DESCRIPTION ASSIGNMENT SUBJECT RESIDENTIAL APPRAISAL REPORT File No.: A728 City: Mount Croghan State: SC Zip Code: Legal Description: Deed Book 330, Pg. 539, Book 359, Pg. 251; & Book 400, Pg.867 Assessor's Parcel #: , 002, & 039 Tax Year: 2016 R.E. Taxes: 1, Special Assessments: 0 Borrower (if applicable): Manufactured Housing Current Owner of Record: Occupant: Owner Tenant Vacant Deborah J. Iseman c/o Lawrence H. Molnar Project Type: PUD Condominium Cooperative Other (describe) HOA: 0 per year per month Market Area Name: Map Reference: ,02,039 Census Tract: Mt. Croghan The purpose of this appraisal is to develop an opinion of: Market Value (as defined), or other type of value (describe) This report reflects the following value (if not Current, see comments): Current (the Inspection Date is the Effective Date) Retrospective Prospective Approaches developed for this appraisal: Sales Comparison Approach Cost Approach Income Approach (See Reconciliation Comments and Scope of Work) Property Rights Appraised: Fee Simple Leasehold Leased Fee Other (describe) Intended Use: To determine an opinion of fair market value for possible future sale. Property Address: 819 Triple Creek Rd County: Chesterfield Intended User(s) (by name or type): Lawrence H. Molnar Client: Appraiser: JEREMY H LOFTON Location: Urban Suburban Rural Built up: Over 75% 25-75% Under 25% Growth rate: Rapid Stable Slow Property values: Increasing Stable Declining Demand/supply: Shortage In Balance Over Supply Marketing time: Under 3 Mos. 3-6 Mos. Over 6 Mos. Address: 7340 Hunter Branch Dr, Atlanta, GA Address: P.O. BOX 1026, 214 MARKET STREET, CHERAW, SC Predominant Occupancy Owner Tenant Vacant (0-5%) Vacant (>5%) One-Unit Housing PRICE (000) Low High 80 Pred Market Area Boundaries, Description, and Market Conditions (including support for the above characteristics and trends): Dimensions: Various Dimensions (see attached plats) Zoning Classification: General Development SITE DESCRIPTION unincorporated areas of Chesterfield Co. Are CC&Rs applicable? Yes No Unknown Highest & Best Use as improved: Present use, or IMPROVEMENTS AGE (yrs) Actual Use as of Effective Date: Summary of Highest & Best Use: Zoning Compliance: Legal Have the documents been reviewed? Other use (explain) Change in Land Use Not Likely Likely * % % * To: 5% 65 % Other In Process * See attached addenda. Site Area: /- Acres Description: accommodates a variety of land uses in Legal nonconforming (grandfathered) Illegal No zoning / Yes No Ground Rent (if applicable) Use as appraised in this report: Mini-Farm Present Land Use 30 % One-Unit 2-4 Unit Multi-Unit Comm'l Mini-Farm See attached addenda. Type Public Private Topography Public Other Provider/Description Off-site Improvements various gradual slopes Size Electricity Street Dirt average Shape Gas Curb/Gutter none on-site tank Irregular Drainage Water well-typical for area Sidewalk none Appears adequate View Sanitary Sewer Street Lights yard septic tanks (2) residential & woodlands Storm Sewer Alley none Other site elements: Inside Lot Corner Lot Cul de Sac Underground Utilities Other (describe) FEMA Spec'l Flood Hazard Area Yes No FEMA Flood Zone X FEMA Map # 45025C0075C & 0225C FEMA Map Date 09/16/2011 Site Comments: Based on analysis of Assessor's records, recorded deeds & plats, the subject's site consists of approx acres. This Utilities irregular shaped site is broken down into approx. 2 acres of farmstead, 5 acres of open land, a 3 acre pond; and approx acres of woodlands. The woodland areas consists of planted longleaf (2004/2005) and natural pines and hardwoods. Based on FEMA flood maps the subject is not located in a flood zone. (see attached flood and soil maps). Heating forced air Basement Foundation Exterior Description General Description None Type Area Sq. Ft. Slab # of Units Acc.Unit Foundation 1 blk.brick/aver. no heat pump Fuel % Finished Exterior Walls # of Stories 1.5 masonite sid./good Crawl Space yes elec. Ceiling Roof Surface Type Det. Att. fib.shingle/aver. Basement none Cooling Walls Sump Pump Gutters & Dwnspts. none Design (Style) Country none Central central air Existing Proposed Und.Cons. Window Type dhg.wood/aver. Dampness none app. Floor Other Outside Entry Storm/Screens Actual Age (Yrs.) 35 insulated/aver. Settlement none app. Infestation none app. Effective Age (Yrs.) 20 Copyright 2007 by a la mode, inc. This form may be reproduced unmodified without written permission, however, a la mode, inc. must be acknowledged and credited. Form GPRES2G_LT - "TOTAL" appraisal software by a la mode, inc ALAMODE 3/2007

12 Page # 10 DESCRIPTION OF IMPROVEMENTS (continued) RESIDENTIAL APPRAISAL REPORT Interior Description Floors hw,carp,vinyl/abv.ave. Walls drywall&panel/abv.av. Trim/Finish wood/average Bath Floor vinyl tile/abv.average Bath Wainscot drywall/abv. average Doors hollow interior solid exterior Finished area above grade contains: Additional features: The following items are worthy of mention as they contribute to the overall appeal. large site area (76.92 acres w/ 3+/- acre pond), cabin, grille shelter, carport, breezeway and porches, screened porch, fireplace, wired alarm, floored attic storage, and appliances. Describe the condition of the property (including physical, functional and external obsolescence): The subject is in above average to good condition for its age and quality of construction. The improvements are adequate maintained with no functional inadequacies. No significant deficiencies are observed and no repairs are required at this time. Recent up-dates include new siding, paint, and new storm doors. SALES COMPARISON APPROACH TO VALUE (if developed) FEATURE SALES COMPARISON APPROACH File No.: A728 Car Storage Attic None None Amenities Garage # of cars ( 5 Tot.) Woodstove(s) # Stairs Fireplace(s) # 1fp Attach. Patio Drop Stair Detach. Deck Scuttle screened porch Blt.-In Porch por & brzway Doorway Carport Fence Floor 2 398/SF Driveway Pool Heated 3 Surface dirt & gravel Finished Other Cabin, grill shelt. 3 Bedrooms 2 Bath(s) 1,980 Square Feet of Gross Living Area Above Grade Appliances Refrigerator Range/Oven Disposal Dishwasher Fan/Hood Microwave Washer/Dryer 8 Rooms SUBJECT Address 819 Triple Creek Rd Mount Croghan, SC Proximity to Subject Sale Price Sale Price/GLA /sq.ft. Data Source(s) Pers.inspection Verification Source(s) owner/pub.rec. VALUE ADJUSTMENTS DESCRIPTION Sales or Financing Concessions Date of Sale/Time Rights Appraised Fee Simple Location Rural/average Site /- Acres View resid. & woodlands Design (Style) Country Quality of Construction 1.5sty siding/good Age A35/ E(20) Condition Abv. Average Above Grade Total Bdrms Baths Room Count Gross Living Area 1,980 sq.ft. Basement & Finished none Rooms Below Grade Functional Utility Typical Heating/Cooling fa./cent. Energy Efficient Items Insl.Wndws. Garage/Carport 2-car carport Porch/Patio/Deck por., brz, scr.por. Fireplace,Stor,Etc Net Adjustment (Total) Adjusted Sale Price of Comparables The Sales Comparison Approach was not developed for this appraisal. COMPARABLE SALE # 1 COMPARABLE SALE # Triple Creek Rd Mount Croghan, SC miles E 240, /sq.ft. PDMLS # ext.observation,public record DESCRIPTION +(-) Adjust. N/C 05/2016 Fee Simple Rural/average ac resid.&woodlands Neo Ecl. 1.5sty brick/sup. A23/ E(10) Abv. Average Total Bdrms 6 05/2016 Fee Simple Rural/average +131, ac resid.&woodlands Neo Ecl. -5, sty brick/sup. -12,000 A6/ E(4) Abv. Average Baths Total Bdrms ,937 sq.ft. min.fin.500sf Typical fa./cent. vinyl windows 2-car garage porch,lrg.deck cabin,fp,shelt,stor,etc fenc,irr,barn(2),etc Macedonia Angelus Rd Jefferson, SC miles S 287, /sq.ft. CMLS # ext.observation,public record DESCRIPTION +(-) Adjust. N/C 06/2016 Fee Simple Rural/average +79, ac resid. &woodlands Ranch -7,300 1sty siding/good -23,000 A16/ E(9) Abv. Average Baths Total Bdrms -2, ,700 2,444 sq.ft. -4,000 none 0-8,000 +1,000-13,000 88, ,900 Typical fa./cent. Insl.Wndws. 2-car garage cov. por (2) fp,stor.,shed,appl + - COMPARABLE SALE # Angelus Rd Ruby, SC miles SE 250, /sq.ft. PDMLS # ext.observation,public record DESCRIPTION +(-) Adjust. N/C Typical fa./cent. Insl.Wndws. -8,000 none +1,000 porch, patio +15,000 lrg barn,aprtmnt,etc 33, , ,800 Baths -5, ,600 1,825 sq.ft. none +124, ,200 +5,000 +1,500-20, , ,400 Copyright 2007 by a la mode, inc. This form may be reproduced unmodified without written permission, however, a la mode, inc. must be acknowledged and credited. Form GPRES2G_LT - "TOTAL" appraisal software by a la mode, inc ALAMODE 3/2007

13 ADDITIONAL COMPARABLE SALES SALES COMPARISON APPROACH FEATURE SUBJECT COMPARABLE SALE # Zeb Deese Rd Lancaster, SC miles W 350,000 /sq.ft /sq.ft. Address 819 Triple Creek Rd Mount Croghan, SC Proximity to Subject Sale Price Sale Price/GLA Data Source(s) Pers.inspection Verification Source(s) owner/pub.rec. VALUE ADJUSTMENTS DESCRIPTION Sales or Financing Concessions Date of Sale/Time Rights Appraised Fee Simple Location Rural/average Site /- Acres View resid. & woodlands Design (Style) Country Quality of Construction 1.5sty siding/good Age A35/ E(20) Condition Abv. Average Above Grade Total Bdrms Baths Room Count Gross Living Area 1,980 sq.ft. Basement & Finished none Rooms Below Grade Functional Utility Typical Heating/Cooling fa./cent. Energy Efficient Items Insl.Wndws. Garage/Carport 2-car carport Porch/Patio/Deck por., brz, scr.por. Fireplace,Stor,Etc File No.: A728 COMPARABLE SALE # 5 COMPARABLE SALE # 6 91 Rockhouse Rd 4243 Steen Rd Mount Croghan, SC Mount Croghan, SC miles E 6.96 miles S 244, , /sq.ft /sq.ft. PRMLS # PDMLS # PDMLS # ext.observation,public record ext.observation,public record ext.observation,public record DESCRIPTION +(-) Adjust. DESCRIPTION +(-) Adjust. DESCRIPTION +(-) Adjust. N/C N/C N/C 06/2015 Fee Simple Rural/superior ac resid. &woodlands Country 1.5sty siding/good A15/ E(7) Abv. Average Total Bdrms /2016 Fee Simple -17,500 Rural/average +75, ac resid. & woodlands Country 1sty stone/inferior -22,800 A77/ E(28) Inferior Baths Total Bdrms 2.0 2,891 sq.ft ,400 none , , ,000 +9,800 +2,000-01/2016 Fee Simple Rural/average acres resid. &woodlands Country 1sty siding/good A28/ E(14) Abv. Average Total Bdrms 2 2,013 sq.ft. Typical fa./cent. storm wndws. -8,000 2-car garage +2,000 por,scr.,patio 0 shops(4),office,etc +105,500 Baths none Typical fa./cent. Insl. Wndws. 2-car garage cov.por.,patio cabin,fp,shelt,stor,etc fp,shop,stor,etc Net Adjustment (Total) Adjusted Sale Price of Comparables Summary of Sales Comparison Approach Page # 11 88, ,000 Typical fa./cent. Insl.Wndws. 2-car garage porch,lrg.deck shop,2fp,fenc,appl. + -7,600 Baths +4, ,300 1,767 sq.ft. none 0-8, , , ,000 +8,500-8, ,000 34, ,885 Copyright 2007 by a la mode, inc. This form may be reproduced unmodified without written permission, however, a la mode, inc. must be acknowledged and credited. Form GPRES2G_LT.(AC) - "TOTAL" appraisal software by a la mode, inc ALAMODE 3/2007

14 Page # 12 RESIDENTIAL APPRAISAL REPORT File No.: A728 The adjustments made to the sales represents the appraiser's attempt to isolate and compensate for significantly dissimilar features. Adjustments for dissimilar features or conditions approximate market reactions and are not necessarily based on cost. Adjustments rounded to the nearest hundred dollars. Comparables are selected for size, location, and construction. The sales displayed are considered to be the most comparable and the best indications of value for the subject property. Some of the sales are over 6 months old. This is not uncommon for the market area due to the amount of market activity that occurs within a 6-12 month period. SALES COMPARISON APPROACH (continued) Summary of Sales Comparison Approach The adjusted sales range from 288,885 to 353,400. The mean (average) value is 327,831(R); and the median value is 330,450. Based on the sales having various adjustments, weighted consideration is given to each sale. **** SEE ATTACHED ADDENDA FOR FURTHER ANALYSIS *** COST APPROACH TRANSFER HISTORY Indicated Value by Sales Comparison Approach 329,000 My research did did not reveal any prior sales or transfers of the subject property for the three years prior to the effective date of this appraisal. Data Source(s): Chesterfield County Assessor's Office 1st Prior Subject Sale/Transfer Analysis of sale/transfer history and/or any current agreement of sale/listing: The subject's 3 parcels had no prior Date: transactions within 3 years of the effective date of this report. Price: Source(s): 2nd Prior Subject Sale/Transfer Date: Price: Source(s): The Cost Approach was not developed for this appraisal. COST APPROACH TO VALUE (if developed) Provide adequate information for replication of the following cost figures and calculations. Support for the opinion of site value (summary of comparable land sales or other methods for estimating site value): The opinion of site value was based on an analysis of land sales over the last 3-4 years, discussions with local realtors, and a general market analysis. As noted the subject consists of approximately 2 acres of homestead, 5 acres of open land, a 3 acre pond, and acres of woodlands. The woodland area is broken into planted longleaf (2004/2005) and young longleaf pine and a mix of natural pines and hardwood. The contributory timber value is 600 per acre or 40,000 (R). The homestead portion (2 acres) is 2,800 per acre or 5,600; and the open land (5 acres) is 2,200 per acre or 11,000. The pond (3 acres) is 10,000 per acre or 30,000. The woodland area (66.92 acres) is 1,300 per acre or 86,996. The total opinion of site value is 173,596 or 173,500. This reflects a per acre value of 2, = OPINION OF SITE VALUE ESTIMATED REPRODUCTION OR REPLACEMENT COST NEW 173,500 = DWELLING Source of cost data: Marshall & Swift Residential Cost Handbook 1, ,775 = Quality rating from cost service: ave/good Effective date of cost data: 2016 Comments on Cost Approach (gross living area calculations, depreciation, etc.): = = SEE ATTACHED SKETCH ADDENDUM. EXTERNAL ADJUSTMENT = MADE FOR CURRENT ECONOMIC MARKET AND CONSIDERATION = FOR LOCAL MULTIPLIER. LOCAL MULTIPLIER INDICATED BY cabin,scr.por.,brz,por.,fp,stor.,appl,etc 48,000 = Garage/Carport MARSHALL & SWIFT IS OF THE FLORENCE AREA, WHICH IS A ,960 = Total Estimate of Cost-New LARGER, MORE ACTIVE MARKET. 222,735 Physical Functional External Less Depreciation 68,536 13,364 =( 81,900) = Depreciated Cost of Improvements 140,835 = ''As-is'' Value of Site Improvements 3,000 = = = Estimated Remaining Economic Life (if required): 45 Years INDICATED VALUE BY COST APPROACH 317,335 Copyright 2007 by a la mode, inc. This form may be reproduced unmodified without written permission, however, a la mode, inc. must be acknowledged and credited. Form GPRES2G_LT - "TOTAL" appraisal software by a la mode, inc ALAMODE 3/2007

15 Supplemental Addendum Owner Property Address City Client Deborah J. Iseman c/o Lawrence H. Molnar 819 Triple Creek Rd County Mount Croghan Chesterfield File No. State SC Page # 13 A728 Zip Code GP Residential: Market Area Description - Boundaries, Description, Conditions The subject property is located in the north-central portion of Chesterfield County; and less than 7 miles east of the Town of Pageland. The neighborhood is described as rural, with a majority of the area being undeveloped with open land & woodlands. The neighborhood also includes the small town of Mt. Croghan. Improvements in the area are primarily single-family residences varying in design, age, quality, & size. It is not uncommon for homes in this area to have a site greater than 1 acre. The neighborhood does include some mini-farms in the area which have custom built homes and surrounding acreage for personal use. Other improvements in the area include local commercial businesses and community churches. These types of land uses are limited in number and as such do not currently create a new demand for the neighborhood. Undeveloped areas in the neighborhood are used for recreation, farm production, and/or timber harvest. As of the date of this report there is no evidence of buydowns or expected seller concessions in the area. The typical exposure time for similar properties in this area is 6-12 months. The definition of exposure time used is taken from the Definitions section of the version of USPAP. Exposure time is not defined the same as marketing time but may be the same number of days. The subject's neighborhood boundaries are as follows: North by SC Hwy 9; East by SC Hwy 268; South by Crossroads Church Rd; and West by Guess Rd & Gum Springs Church Rd. (See attached neighborhood map). GP Residential: Site Description - Summary of Highest & Best Use Evaluation of HBU includes four steps. Legally permissible, physically possible, financially feasible, and maximally productive. The subject consists of approx acres, a single-family home, and small cabin. Based on this analysis the subject's highest and best use is as a mini-farm type property. This is based on the subject's site area, improvements, location, access, surrounding land uses, and current market demand. The HBU as vacant or as improved would be for a farm type use available to cropland, timberland, and/or recreational use. Physically possible- As vacant, the site has approx acres of woodlands, open land, and pond. The site is accessed by Triple Creek Road. Legally permissible- Zoning for the subject is GD-General Development, and allows various types of land uses for unincorporated areas of Chesterfield County. Financially feasible- The site is located in a rural neighborhood with a majority of the area being undeveloped with open land and woodlands. Improvements in the area are primarily single-family residences. Based on surrounding land uses and the current housing demand in the neighborhood, it is more financially feasible to develop the subject for a mini-farm type use. Maximally productivebased on this analysis, the subject's highest and best use "as vacant" is for a mini-farm use. This is its maximally productive use. Highest and Best Use "as improved"- Using the same 4-criteria test (physically possible, legally permissible, financially feasible, and maximally productive) the subject's improvements and functional use enhance and support a mini-farm use. * GP Residential : Sales Comparison Analysis (Continued) Site- Estimated site values are based on individual locations and comparable land sales in their respective neighborhoods. Five of the comparable sales are located within the general market area. The remaining sale is located in similar rural type neighborhood. Though the subject and sales have various site areas, they are within a market accepted range for comparison based on various similar characteristics. As indicated in the site analysis (see addendum comments) the subject's site value is estimated to be 173,500. Sale 1 is located within view of the subject, and consists of acres. The breakdown includes a 0.97 acre 2,800 per acre; 10 acres of open 2,200 per acre; and 9 acres of 1,900 per acre. Based on the breakdown this sale has a site value of 41,900 or 42,000 (R). Sale 2 is located in the Jefferson market area; and in a neighborhood that is less developed. This sale consists of 37 acres with a site breakdown of approx. 2.3 acres of 2,800 per acre; 7.0 acres of open 2,200 per acre; approx. 25 acres of 1,800 per acre; and a 2.7 acre 10,000 per acre. Based on the breakdown this sale has a site value of 94,000. Sale 3 is located in a similar rural setting; and includes acres. This sale consists primarily of open land that is used for a mini-farm. Sale 3 is 3,200 per acre or 49,000 (R). Sale 4 is located in the Buford community of Lancaster County; near the NC/SC state line. The sale consists of acres with a site breakdown of approx. 10 acres of open 6,000 per acre; and approx. 11 acres of 3,500 per acre. This sale has a site value of 98,500. Sale 5 is located in the subject's neighborhood; and includes acres. This sale is broken down into 6.49 acres of open 2,800 per acre; and 25 acres of 2,000 per acre. Based on the indicated breakdown this sale has a site value of 68,000 (R). Sale 6 is located in the subject's neighborhood; and includes 67 acres. This sale is broken down into 4 acres of 3,000 per acre; 4.3 acres of open 2,200 per acre; 57.7 acres of 1,900 per acre; and a 1 acre 10,000. Based on the indicated breakdown this sale has a site value of 141,000 (R). Quality of Construction- The subject has an over-all good quality of construction and a siding exterior. Sale 1 & 2 have superior brick exteriors. These sales are 3.00 per square foot x Comps. GLA. Sale 5 is an older home that reflects a lower Form TADD - "TOTAL" appraisal software by a la mode, inc ALAMODE

16 brick exteriors. These sales are 3.00 per square foot x Comps. GLA. Sale 5 is an older home that reflects a lower Supplemental Addendum Owner Property Address City Client Deborah J. Iseman c/o Lawrence H. Molnar 819 Triple Creek Rd County Mount Croghan Chesterfield File No. State SC Page # 14 A728 Zip Code quality of construction. This sale is 3.00 per square foot x Comps. GLA. Age & Effective Age- Percentage adjustments are made to each sale based on their difference in estimated effective ages. The actual age of homes given in the sales comparison approach does factor in to the estimated effective age, but is provided primarily for descriptive purposes. Effective ages reflect not only the actual age of long lived items, but also gives considerations for marketable factors such as up-dates, additions, repairs, and remodeling. A 1% adjustment is made for every two year difference in estimated effective age. Condition - Sale 5 has a lower over-all condition rating. An adjustment is made according to an estimated difference at 1.00 per square foot x Comps. GLA. This adjustment takes into consideration general condition of improvements and short-lived items. Room Count- Comps. 4,000 per bedroom (less than 3 bedrooms), 5,000 per full bathroom; and 2,500 per half bath. Gross Living Area- The adjustment for differences in GLA are based on a percentage of the average Price/GLA of the comparable sales selected. Market analysis indicates a per square foot difference for GLA differences in homes of this age, quality, size, & etc. Additional Amenities- Estimated contributory values for the amenities of the subject and comparables are based on a market analysis (demand & expectations), estimated cost and depreciation. The subject has various amenities which contribute to its market appeal and value. Some of the noted items include an on-site cabin, carport, screened porch, cov. porch, fireplace, storage, and appliances. Though these types of amenities are not uncommon for the area, the exact combination of items are not found in every comparable sale that occurs. Taking into consideration the various amenities included with property, adjustments are based on condition, demand, and functional use. Sales with various amenities (some similar) are used to off-set the amount of adjustments. LISTING HISTORY The subject was last listed by Lewis Realty of Chesterfield County and the Pee Dee MLS (#127366). The subject was listed on 02/28/2016 for 275,000. The listing indicates 263 days on market. The property was taken off the market on 11/08/2016 with a list price of 240,000. Form TADD - "TOTAL" appraisal software by a la mode, inc ALAMODE

17 RESIDENTIAL APPRAISAL REPORT INCOME APPROACH INCOME APPROACH TO VALUE (if developed) Page # 15 File No.: A728 The Income Approach was not developed for this appraisal. Indicated Value by Income Approach Estimated Monthly Market Rent X Gross Rent Multiplier = Summary of Income Approach (including support for market rent and GRM): The number of leased properties in the market area is minimal and this approach does not reflect motivations of market participants. This approach is not appropriate. PROJECT INFORMATION FOR PUDs (if applicable) The Subject is part of a Planned Unit Development. PUD Legal Name of Project: Describe common elements and recreational facilities: RECONCILIATION Indicated Value by: Sales Comparison Approach Cost Approach (if developed) 317,335 Income Approach (if developed) Not Dev. 329,000 Final Reconciliation The final opinion of market value is based on the Sales Comparison analysis. Cost approach completed and gives support to the value derived from the Sales Comparison Approach. Income approach not completed due to the lack of market data. Subject is appraised in terms of cash or its equivalent. The final opinion of market value is 329,000. This appraisal is made ''as is'', subject to completion per plans and specifications on the basis of a Hypothetical Condition that the improvements have been completed, subject to the following repairs or alterations on the basis of a Hypothetical Condition that the repairs or alterations have been completed, subject to the following required inspection based on the Extraordinary Assumption that the condition or deficiency does not require alteration or repair: This report is also subject to other Hypothetical Conditions and/or Extraordinary Assumptions as specified in the attached addenda. Interior & Exterior Exterior Only None Appraiser Inspection of Subject: Interior & Exterior Exterior Only None Co-Appraiser Inspection of Subject: Date of Inspection: Date of Inspection: 01/16/2017 A true and complete copy of this report contains 55 pages, including exhibits which are considered an integral part of the report. This appraisal report may not be properly understood without reference to the information contained in the complete report. Attached Exhibits: Scope of Work Map Addenda Hypothetical Conditions Limiting Cond./Certifications Additional Sales Extraordinary Assumptions Narrative Addendum Cost Addendum Photograph Addenda Flood Addendum Sketch Addendum Manuf. House Addendum GENERAL COMMENTS ATTACHMENTS Based on the degree of inspection of the subject property, as indicated below, defined Scope of Work, Statement of Assumptions and Limiting Conditions, and Appraiser s Certifications, my (our) Opinion of the Market Value (or other specified value type), as defined herein, of the real property that is the subject of this report is:, as of:, which is the effective date of this appraisal. 329,000 01/16/2017 If indicated above, this Opinion of Value is subject to Hypothetical Conditions and/or Extraordinary Assumptions included in this report. See attached addenda. Copyright 2007 by a la mode, inc. This form may be reproduced unmodified without written permission, however, a la mode, inc. must be acknowledged and credited. Form GPRES2G_LT - "TOTAL" appraisal software by a la mode, inc ALAMODE 3/2007

18 Page # 16 Assumptions & Limiting Conditions Property Address: 819 Triple Creek Rd Client: Appraiser: JEREMY H LOFTON File No.: A728 City: Mount Croghan State: SC Zip Code: Address: 7340 Hunter Branch Dr, Atlanta, GA Address: P.O. BOX 1026, 214 MARKET STREET, CHERAW, SC STATEMENT OF ASSUMPTIONS & LIMITING CONDITIONS - The appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the title to it. The appraiser assumes that the title is good and marketable and, therefore, will not render any opinions about the title. The property is appraised on the basis of it being under responsible ownership. - The appraiser may have provided a sketch in the appraisal report to show approximate dimensions of the improvements, and any such sketch is included only to assist the reader of the report in visualizing the property and understanding the appraiser's determination of its size. Unless otherwise indicated, a Land Survey was not performed. - If so indicated, the appraiser has examined the available flood maps that are provided by the Federal Emergency Management Agency (or other data sources) and has noted in the appraisal report whether the subject site is located in an identified Special Flood Hazard Area. Because the appraiser is not a surveyor, he or she makes no guarantees, express or implied, regarding this determination. - The appraiser will not give testimony or appear in court because he or she made an appraisal of the property in question, unless specific arrangements to do so have been made beforehand. - If the cost approach is included in this appraisal, the appraiser has estimated the value of the land in the cost approach at its highest and best use, and the improvements at their contributory value. These separate valuations of the land and improvements must not be used in conjunction with any other appraisal and are invalid if they are so used. Unless otherwise specifically indicated, the cost approach value is not an insurance value, and should not be used as such. - The appraiser has noted in the appraisal report any adverse conditions (including, but not limited to, needed repairs, depreciation, the presence of hazardous wastes, toxic substances, etc.) observed during the inspection of the subject property, or that he or she became aware of during the normal research involved in performing the appraisal. Unless otherwise stated in the appraisal report, the appraiser has no knowledge of any hidden or unapparent conditions of the property, or adverse environmental conditions (including, but not limited to, the presence of hazardous wastes, toxic substances, etc.) that would make the property more or less valuable, and has assumed that there are no such conditions and makes no guarantees or warranties, express or implied, regarding the condition of the property. The appraiser will not be responsible for any such conditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist. Because the appraiser is not an expert in the field of environmental hazards, the appraisal report must not be considered as an environmental assessment of the property. - The appraiser obtained the information, estimates, and opinions that were expressed in the appraisal report from sources that he or she considers to be reliable and believes them to be true and correct. The appraiser does not assume responsibility for the accuracy of such items that were furnished by other parties. - The appraiser will not disclose the contents of the appraisal report except as provided for in the Uniform Standards of Professional Appraisal Practice, and any applicable federal, state or local laws. - If this appraisal is indicated as subject to satisfactory completion, repairs, or alterations, the appraiser has based his or her appraisal report and valuation conclusion on the assumption that completion of the improvements will be performed in a workmanlike manner. - An appraiser's client is the party (or parties) who engage an appraiser in a specific assignment. Any other party acquiring this report from the client does not become a party to the appraiser-client relationship. Any persons receiving this appraisal report because of disclosure requirements applicable to the appraiser's client do not become intended users of this report unless specifically identified by the client at the time of the assignment. - The appraiser's written consent and approval must be obtained before this appraisal report can be conveyed by anyone to the public, through advertising, public relations, news, sales, or by means of any other media, or by its inclusion in a private or public database. - An appraisal of real property is not a 'home inspection' and should not be construed as such. As part of the valuation process, the appraiser performs a non-invasive visual inventory that is not intended to reveal defects or detrimental conditions that are not readily apparent. The presence of such conditions or defects could adversely affect the appraiser's opinion of value. Clients with concerns about such potential negative factors are encouraged to engage the appropriate type of expert to investigate. Copyright 2007 by a la mode, inc. This form may be reproduced unmodified without written permission, however, a la mode, inc. must be acknowledged and credited. Form GPRES2AD_LT - "TOTAL" appraisal software by a la mode, inc ALAMODE 3/2007

19 Definitions & Scope of Work Property Address: 819 Triple Creek Rd Client: Appraiser: JEREMY H LOFTON Page # 17 File No.: A728 City: Mount Croghan State: SC Zip Code: Address: 7340 Hunter Branch Dr, Atlanta, GA Address: P.O. BOX 1026, 214 MARKET STREET, CHERAW, SC DEFINITION OF MARKET VALUE *: Market value means the most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller each acting prudently and knowledgeably, and assuming the price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby: 1. Buyer and seller are typically motivated; 2. Both parties are well informed or well advised and acting in what they consider their own best interests; 3. A reasonable time is allowed for exposure in the open market; 4. Payment is made in terms of cash in U.S. dollars or in terms of financial arrangements comparable thereto; and 5. The price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions granted by anyone associated with the sale. * This definition is from regulations published by federal regulatory agencies pursuant to Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989 between July 5, 1990, and August 24, 1990, by the Federal Reserve System (FRS), National Credit Union Administration (NCUA), Federal Deposit Insurance Corporation (FDIC), the Office of Thrift Supervision (OTS), and the Office of Comptroller of the Currency (OCC). This definition is also referenced in regulations jointly published by the OCC, OTS, FRS, and FDIC on June 7, 1994, and in the Interagency Appraisal and Evaluation Guidelines, dated October 27, The Scope of Work is the type and extent of research and analyses performed in an appraisal assignment that is required to produce credible assignment results, given the nature of the appraisal problem, the specific requirements of the intended user(s) and the intended use of the appraisal report. Reliance upon this report, regardless of how acquired, by any party or for any use, other than those specified in this report by the Appraiser, is prohibited. The Opinion of Value that is the conclusion of this report is credible only within the context of the Scope of Work, Effective Date, the Date of Report, the Intended User(s), the Intended Use, the stated Assumptions and Limiting Conditions, any Hypothetical Conditions and/or Extraordinary Assumptions, and the Type of Value, as defined herein. The appraiser, appraisal firm, and related parties assume no obligation, liability, or accountability, and will not be responsible for any unauthorized use of this report or its conclusions. Additional Comments (Scope of Work, Extraordinary Assumptions, Hypothetical Conditions, etc.): The Scope of Work for this assignment began with identifying the Client, Intended User(s), and the Intended Use of this appraisal report. As required by USPAP, the appraiser is required to identify at the time of the assignment, the Client, the Intended Use and the Intended User(s) of an appraisal. The intended user of this report is Mr. Lawrence Molnar. The intended use of this report is to establish an opinion of fair market value for possible future sale. The Scope of Work includes research into the market conditions in the area surrounding the subject property. The appraiser researched sales of similar properties within the last 24 months. Sale data is analyzed and the comparable sales for the Sales Comparison Approach are selected. These sales are verified through tax records and/or contact with parties involved in the sale. An exterior and interior inspection of the subject property is performed and the property is measured in accordance with accepted practices in order to determine the GLA of the subject property. James Lofton, a SC registered forester (#1047) and certified general appraiser (#492), provided professional assistance with the analysis and estimation of the subject's timber. A timber cruise of the subject's timber was not performed. The indicated contributory value of the subject's timber and comparable sale's timber is an approximate estimation based on a limited visual timber inspection, and is used to determine a final opinion of market value. The reported analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the requirements of the Code of Professional Ethics and Standards of Professional Appraisal Practice of the Appraisal Institute. The use of this report is subject to the requirements of the Appraisal Institute relating to review by its duly authorized representatives. As of the date of this report, I (Jeremy H. Lofton, SRA) have completed the continuing education program for Designated Members of the Appraisal Institute. Copyright 2007 by a la mode, inc. This form may be reproduced unmodified without written permission, however, a la mode, inc. must be acknowledged and credited. Form GPRES2AD_LT - "TOTAL" appraisal software by a la mode, inc ALAMODE 3/2007

20 Certifications Property Address: 819 Triple Creek Rd Client: Appraiser: JEREMY H LOFTON Page # 18 File No.: A728 City: Mount Croghan State: SC Zip Code: Address: 7340 Hunter Branch Dr, Atlanta, GA Address: P.O. BOX 1026, 214 MARKET STREET, CHERAW, SC APPRAISER'S CERTIFICATION I certify that, to the best of my knowledge and belief: - The statements of fact contained in this report are true and correct. - The credibility of this report, for the stated use by the stated user(s), of the reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions, and are my personal, impartial, and unbiased professional analyses, opinions, and conclusions. - I have no present or prospective interest in the property that is the subject of this report and no 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 this report within the three-year period immediately preceding acceptance of this assignment. - 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 predetermined 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 that were in effect at the time this report was prepared. - I did not base, either partially or completely, my analysis and/or the opinion of value in the appraisal report on the race, color, religion, sex, handicap, familial status, or national origin of either the prospective owners or occupants of the subject property, or of the present owners or occupants of the properties in the vicinity of the subject property. - Unless otherwise indicated, I have made a personal inspection of the property that is the subject of this report. - Unless otherwise indicated, no one provided significant real property appraisal assistance to the person(s) signing this certification. Additional Certifications: Client Contact: Client Name: Address: 7340 Hunter Branch Dr, Atlanta, GA SUPERVISORY APPRAISER (if required) or CO-APPRAISER (if applicable) SIGNATURES APPRAISER Appraiser Name: JEREMY H LOFTON Company: J B Lofton Realty & Appraisals Fax: Phone: (843) JEREMYLOFTON@GMAIL.COM Date Report Signed: 01/24/2017 State: SC License or Certification #: 2914 Designation: SRA Expiration Date of License or Certification: 06/30/2018 Inspection of Subject: Interior & Exterior Exterior Only None Date of Inspection: 01/16/2017 Supervisory or Co-Appraiser Name: Company: Fax: Phone: Date Report Signed: 01/24/2017 License or Certification #: Designation: Expiration Date of License or Certification: Inspection of Subject: Interior & Exterior Date of Inspection: State: Exterior Only None Copyright 2007 by a la mode, inc. This form may be reproduced unmodified without written permission, however, a la mode, inc. must be acknowledged and credited. Form GPRES2AD_LT - "TOTAL" appraisal software by a la mode, inc ALAMODE 3/2007

21 SUBJECT - Partial Plat Form SCNLTR - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 19

22 SUBJECT - Partial Plat Form SCNLTR - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 20

23 SUBJECT - Partial Plat Form SCNLTR - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 21

24 SUBJECT - FEMA FLOOD MAP (1) Form SCNLTR - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 22

25 SUBJECT - FEMA FLOOD MAP (2) Form SCNLTR - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 23

26 SUBJECT - USDA SOIL MAP - Page 1 Form SCNLTR - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 24

27 SUBJECT - USDA SOIL MAP - Page 2 Form SCNLTR - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 25

28 SUBJECT - USDA SOIL MAP - Page 3 Form SCNLTR - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 26

29 SUBJECT - USDA SOIL MAP - Page 4 Form SCNLTR - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 27

30 Subject Photo Page Owner Property Address City Client Deborah J. Iseman c/o Lawrence H. Molnar 819 Triple Creek Rd County Chesterfield Mount Croghan State SC Zip Code Subject Front 819 Triple Creek Rd Sales Price Gross Living Area 1,980 Total Rooms 8 Total Bedrooms 3 Total Bathrooms 2 Location Rural/average View resid. & woodlands Site /- Acres Quality 1.5sty siding/good Age A35/ E(20) Subject Rear Subject Street Form LPICPIX.DSS_LTR - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 28

31 Photograph Addendum Owner Property Address City Client Deborah J. Iseman c/o Lawrence H. Molnar 819 Triple Creek Rd County Chesterfield Mount Croghan State SC Zip Code FRONT AND SIDE VIEW ALTERNATE SIDE VIEW Form LPICPIX.DSA_LTC - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 29

32 Photograph Addendum Owner Property Address City Client Deborah J. Iseman c/o Lawrence H. Molnar 819 Triple Creek Rd County Chesterfield Mount Croghan State SC Zip Code KITCHEN 1ST FLOOR BATHROOM Form LPIC3X5.DMA_LTC - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 30

33 Photograph Addendum Owner Property Address City Client Deborah J. Iseman c/o Lawrence H. Molnar 819 Triple Creek Rd County Chesterfield Mount Croghan State SC Zip Code LIVING ROOM 1ST FLOOR BEDROOM Form LPIC3X5.DMA_LTC - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 31

34 Photograph Addendum Owner Property Address City Client Deborah J. Iseman c/o Lawrence H. Molnar 819 Triple Creek Rd County Chesterfield Mount Croghan State SC Zip Code ND FLOOR BATHROOM 2ND FLOOR BEDROOM Form LPIC3X5.DMA_LTC - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 32

35 Photograph Addendum Owner Property Address City Client Deborah J. Iseman c/o Lawrence H. Molnar 819 Triple Creek Rd County Chesterfield Mount Croghan State SC Zip Code SMALL CABIN Alternate View of Cabin and Shelter Form LPIC3X5.DMA_LTC - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 33

36 Photograph Addendum Owner Property Address City Client Deborah J. Iseman c/o Lawrence H. Molnar 819 Triple Creek Rd County Chesterfield Mount Croghan State SC Zip Code Interior View of Cabin Interior View of Cabin Form LPIC3X5.DMA_LTC - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 34

37 Photograph Addendum Owner Property Address City Client Deborah J. Iseman c/o Lawrence H. Molnar 819 Triple Creek Rd County Chesterfield Mount Croghan State SC Zip Code View of Pond View of Shelter and Pond Form LPIC3X5.DMA_LTC - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 35

38 Photograph Addendum Owner Property Address City Client Deborah J. Iseman c/o Lawrence H. Molnar 819 Triple Creek Rd County Chesterfield Mount Croghan State SC Zip Code View of Pond and Improvements Interior Road Form LPIC3X5.DMA_LTC - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 36

39 Photograph Addendum Owner Property Address City Client Deborah J. Iseman c/o Lawrence H. Molnar 819 Triple Creek Rd County Chesterfield Mount Croghan State SC Woodlands Interior Road Form LPIC3X5.DMA_LTC - "TOTAL" appraisal software by a la mode, inc ALAMODE Zip Code Page # 37

40 Photograph Addendum Owner Property Address City Client Deborah J. Iseman c/o Lawrence H. Molnar 819 Triple Creek Rd County Chesterfield Mount Croghan State SC Woodlands Woodlands Form LPIC3X5.DMA_LTC - "TOTAL" appraisal software by a la mode, inc ALAMODE Zip Code Page # 38

41 Comparable Sales Map Owner Property Address City Client Deborah J. Iseman c/o Lawrence H. Molnar 819 Triple Creek Rd County Chesterfield Mount Croghan State SC Form MAP_LT.LOC - "TOTAL" appraisal software by a la mode, inc ALAMODE Zip Code Page # 39

42 Comparable Sales 1 & 5 Owner Property Address City Client Deborah J. Iseman c/o Lawrence H. Molnar 819 Triple Creek Rd County Chesterfield Mount Croghan State SC Form MAP_LT.LOC - "TOTAL" appraisal software by a la mode, inc ALAMODE Zip Code Page # 40

43 Comparable Sales 2 & 6 Owner Property Address City Client Deborah J. Iseman c/o Lawrence H. Molnar 819 Triple Creek Rd County Chesterfield Mount Croghan State SC Form MAP_LT.LOC - "TOTAL" appraisal software by a la mode, inc ALAMODE Zip Code Page # 41

44 Comparable Sales 3 Owner Property Address City Client Deborah J. Iseman c/o Lawrence H. Molnar 819 Triple Creek Rd County Chesterfield Mount Croghan State SC Form MAP_LT.LOC - "TOTAL" appraisal software by a la mode, inc ALAMODE Zip Code Page # 42

45 Comparable Sales 4 Owner Property Address City Client Deborah J. Iseman c/o Lawrence H. Molnar 819 Triple Creek Rd County Chesterfield Mount Croghan State SC Form MAP_LT.LOC - "TOTAL" appraisal software by a la mode, inc ALAMODE Zip Code Page # 43

46 Comparable Photo Page Owner Property Address City Client Deborah J. Iseman c/o Lawrence H. Molnar 819 Triple Creek Rd County Chesterfield Mount Croghan State SC Zip Code Comparable Triple Creek Rd Prox. to Subject 0.05 miles E Sale Price 240,000 Gross Living Area 1,937 Total Rooms 6 Total Bedrooms 3 Total Bathrooms 2.5 Location Rural/average View resid.&woodlands Site ac Quality 1.5sty brick/sup. Age A23/ E(10) Comparable Macedonia Angelus Rd Prox. to Subject miles S Sale Price 287,900 Gross Living Area 2,444 Total Rooms 8 Total Bedrooms 4 Total Bathrooms 3.0 Location Rural/average View resid.&woodlands Site 37 ac Quality 1.5sty brick/sup. Age A6/ E(4) Comparable Angelus Rd Prox. to Subject Sale Price Gross Living Area Total Rooms Total Bedrooms Total Bathrooms Location View Site Quality Age Form LPICPIX.DS%_LTR - "TOTAL" appraisal software by a la mode, inc ALAMODE 6.90 miles SE 250,000 1, Rural/average resid. &woodlands ac 1sty siding/good A16/ E(9) Page # 44

47 SALE 1 - AERIAL MAP Form SCNLTR - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 45

48 SALE 2 - AERIAL MAP Form SCNLTR - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 46

49 SALE 3 - AERIAL MAP Form SCNLTR - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 47

50 Comparable Photo Page Owner Property Address City Client Deborah J. Iseman c/o Lawrence H. Molnar 819 Triple Creek Rd County Chesterfield Mount Croghan State SC Zip Code Comparable Zeb Deese Rd Prox. to Subject miles W Sale Price 350,000 Gross Living Area 2,891 Total Rooms 7 Total Bedrooms 3 Total Bathrooms 2.0 Location Rural/superior View resid. &woodlands Site ac Quality 1.5sty siding/good Age A15/ E(7) Comparable 5 91 Rockhouse Rd Prox. to Subject 2.19 miles E Sale Price 244,000 Gross Living Area 2,013 Total Rooms 7 Total Bedrooms 2 Total Bathrooms 2 Location Rural/average View resid. & woodlands Site ac Quality 1sty stone/inferior Age A77/ E(28) Comparable Steen Rd Prox. to Subject Sale Price Gross Living Area Total Rooms Total Bedrooms Total Bathrooms Location View Site Quality Age Form LPICPIX.DS%_LTR - "TOTAL" appraisal software by a la mode, inc ALAMODE 6.96 miles S 254,485 1, Rural/average resid. &woodlands acres 1sty siding/good A28/ E(14) Page # 48

51 SALE 4 - AERIAL MAP Form SCNLTR - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 49

52 SALE 5 - AERIAL MAP Form SCNLTR - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 50

53 SALE 6 - AERIAL MAP Form SCNLTR - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 51

54 APPRAISERS RESUME - Page 1 Form SCNLTR - "TOTAL" appraisal software by a la mode, inc ALAMODE Page # 52