APPRAISAL OF REAL PROPERTY

APPRAISAL OF REAL PROPERTY LOCATED AT, VA 22967 Winterfalls li Db252-785 Pc I-259 2 Single Family Subur FOR SouthEastern Evaluation 21 Lavina Avenue Greenville, SC 2961 AS OF 8/12/216 BY Maria Pucsinszki Golden Rule Real Estate Appraisal LLC. 11 Red Sunset Ln. Apt#13 Staunton, VA 2441 54-81-428 grappraisal@gmail.com Form GA1NV_LT - "TOTAL" appraisal software by a la mode, inc. - 1-8-ALAMODE

VALUE APPRAISER DESCRIPTION OF IMPROVEMENTS CLIENT SALES PRICE SUBJECT INFORMATION SUMMARY OF SALIENT FEATURES Subject Address Legal Description Winterfalls li Db252-785 Pc I-259 2 Single Family Subur County Nelson State VA Zip Code 22967 Census Tract 951. Map Reference 31-7-3a Sale Price Date of Sale Size (Square Feet) 1,451 Price per Square Foot 1 Condition C3 6 Bedrooms 4 Baths Appraiser Maria Pucsinszki Date of Appraised Value 8/12/216 Opinion of Value 26, Form SSD2_LT - "TOTAL" appraisal software by a la mode, inc. - 1-8-ALAMODE

Maria Pucsinszki 69574 Uniform Residential Appraisal Report File # 1629 SUBJECT The purpose of this summary appraisal report is to provide the lender/client with an accurate, and adequately supported, opinion of the market value of the subject property. Owner of Public Record Legal Description Winterfalls li Db252-785 Pc I-259 2 Single Family Subur Assessor's Parcel # 853 Tax Year 216 R.E. Taxes 1,24 Neighborhood Name Nelson and Augusta Counties Map Reference 31-7-3a Census Tract 951. Occupant Owner Tenant Vacant Special Assessments PUD HOA per year per month Property Rights Appraised Fee Simple Leasehold Other (describe) Assignment Type Purchase Transaction Refinance Transaction Other (describe) Address 4355 Innlake Drive, Glenn Allen, VA 236 Is the subject property currently offered for sale or has it been offered for sale in the twelve months prior to the effective date of this appraisal? No Report data source(s) used, offering price(s), and date(s). N/A CONTRACT I did performed. did not analyze the contract for sale for the subject purchase transaction. Explain the results of the analysis of the contract for sale or why the analysis was not Contract Price Date of Contract Is the property seller the owner of public record? No Data Source(s) Is there any financial assistance (loan charges, sale concessions, gift or downpayment assistance, etc.) to be paid by any party on behalf of the borrower? If, report the total dollar amount and describe the items to be paid. NEIGHBORHOOD Note: Race and the racial composition of the neighborhood are not appraisal factors. One-Unit Housing Trends Neighborhood Characteristics Urban Built-Up Over 75% Growth Rapid Neighborhood Boundaries Suburban 25-75% Rural Under 25% Slow Property Values Demand/Supply Marketing Time Shortage Under 3 mths In Balance 3-6 mths PRICE () No Present Land Use % 4 % 5% 5% 5% 45 % One-Unit Housing Over Supply Over 6 mths One-Unit 2-4 Unit Multi-Family Commercial Other AGE (yrs) Low 2 The subject is not in a "neighborhood". The comp area properties are roughly the 12, High 27 County line to the west, Nelson Co line to the south, I-64 to the north, and Rt 29 to the east. 225 Pred. 35 Neighborhood Description There are no apparent adverse factors which should affect the subject's marketability. Steady prices demonstrate good demand for this area. Several national companies, as well as many local businesses are located in the area. The subject has access to all necessary supporting facilities, including schools, shopping, recreation and employment. The improvements conform to the surrounding properties. Market Conditions (including support for the above conclusions) Current interest rates are 4.35-7.35% with the seller typically paying one to three points. All types of financing are currently available. Market supply and demand appear to be in balance. Prices are steady to slightly increasing. Dimensions Irregular. See notes. Area 2.31 ac Shape Irregular Specific Zoning Classification Rural Zoning Description Rural - Residential Zoning Compliance Legal Legal Nonconforming (Grandfathered Use) No Zoning Illegal (describe) Is the highest and best use of subject property as improved (or as proposed per plans and specifications) the present use? SITE N;Woods;Mtn No If No, describe Off-site Improvements - Type Public Private Utilities Public Other (describe) Public Other (describe) Street Water Electricity Well/Typical Asphalt Alley None Gas Sanitary Sewer None Septic/Typical FEMA Special Flood Hazard Area No FEMA Flood Zone X FEMA Map # 51125C35B FEMA Map Date 6/18/21 Are the utilities and off-site improvements typical for the market area? No If No, describe Are there any adverse site conditions or external factors (easements, encroachments, environmental conditions, land uses, etc.)? No If, describe IMPROVEMENTS There do not appear to be any external adverse factors which should affect the marketability of the subject. General Description Foundation Units One One with Accessory Unit # of Stories 1.5 Type Det. Att. S-Det./End Unit Existing Proposed Under Const. Design (Style) Cape Cod Year Built 26 Effective (Yrs) 3 Attic None Drop Stair Stairs Floor Scuttle Finished Heated Concrete Slab Crawl Space Full Basement Partial Basement Basement Area sq.ft. Basement Finish % Outside Entry/Exit Sump Pump Evidence of Infestation Dampness Settlement Heating FWA HWBB Radiant Other EHP Fuel Electric Cooling Central Air Conditioning Individual Other Exterior Description materials/condition Interior Foundation Walls CB/Avg Exterior Walls Vnl/Avg Roof Surface Comp Shngls/Avg Gutters & Downspouts Alum/Avg Window Type Dbl Hung/Avg Storm Sash/Insulated Thermal/Avg Screens /Avg Amenities Woodstove(s) # Fireplace(s) # 1 Fence None Patio/Deck Deck Porch Porch Pool None Other None materials/condition Floors HW/Cpt/Avg Walls DW/Avg Trim/Finish WD/Avg Bath Floor Vnl/Avg Bath Wainscot DW/Avg Car Storage None Driveway # of Cars 3 Driveway Surface Gravel Garage # of Cars Carport # of Cars Att. Det. Built-in Appliances Refrigerator Range/Oven Dishwasher Disposal Microwave Washer/Dryer Other (describe) Hood Finished area above grade contains: 6 Rooms 4 Bedrooms Bath(s) 1,451 Square Feet of Gross Living Area Above Grade Additional features (special energy efficient items, etc.). The subject is a Cape Cod style home built with the average energy efficient items of its time. Describe the condition of the property (including needed repairs, deterioration, renovations, remodeling, etc.). C3;No updates in the prior 15 years;the subject is only 1 years old; no need for updates. The deck was built 3 years ago. The porch was stained this year. The interior is painted continuously. The water heater is new. Are there any physical deficiencies or adverse conditions that affect the livability, soundness, or structural integrity of the property? Does the property generally conform to the neighborhood (functional utility, style, condition, use, construction, etc.)? No If, describe No If No, describe The subject is a CapeCod style house. It is the rough equal of its neighbors. It appears average in all respects to this appraiser. If a more detailed structural study is required it is advised that the lender obtain a professional home inspection. The appraiser is not a home inspector. Freddie Mac Form 7 March 25 UAD Version 9/211 Page 1 of 6 Form 14UAD - "TOTAL" appraisal software by a la mode, inc. - 1-8-ALAMODE Fannie Mae Form 14 March 25

69574 Uniform Residential Appraisal Report File # 1629 SALES COMPARISON APPROACH There are There are comparable properties currently offered for sale in the subject neighborhood ranging in price from 165, to 32,. 5 comparable sales in the subject neighborhood within the past twelve months ranging in sale price from 154,5 to 3,. 14 FEATURE SUBJECT COMPARABLE SALE # 1 COMPARABLE SALE # 2 COMPARABLE SALE # 3 Address 3149 Crabtree Falls Hwy 75 Oak Grove Ln 28 Hooded Warbler Ln, VA 22967, VA 22967 Nellysford, VA 22958 Nellysford, VA 22958 Proximity to Subject 5.55 miles SW 6.19 miles NE 4.57 miles NE Sale Price 29, 3, 28, Sale Price/Gross Liv. Area sq.ft. 114.52 sq.ft. 189.39 sq.ft. 123.8 sq.ft. Data Source(s) CAAR MLS# 5478;DOM 17 CAAR MLS# 53886;DOM 43 CAARMLS# 546736;DOM 21 Verification Source(s) Nelson County Tax Card Nelson County Tax Card Nelson County Tax Card VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION +(-) Adjustment DESCRIPTION +(-) Adjustment DESCRIPTION +(-) Adjustment Sales or Financing ArmLth ArmLth ArmLth Concessions Cash; Conv; Conv; Date of Sale/Time s1/16;c12/15 s5/16;c4/16 s7/16;c5/16 Leasehold/Fee Simple Fee Simple Fee Simple Fee Simple Fee Simple 2.31 ac 5.43 ac -9,36 1.92 ac 2.72 ac N;Woods;Mtn N;Woods;Res N;Woods; N;Mtn; Design (Style) DT1.5;Ranch DT1.3;Cape Cod DT;NeoColonial DT1.35;Contemp Quality of Construction Actual 1 9 9 18 Condition C3 C3 C3 C3 Above Grade Total Bdrms. Baths Total Bdrms. Baths Total Bdrms. Baths Total Bdrms. Baths Room Count 6 4 5 3 3. 5 3 2.1 +1, 6 3 +3, Gross Living Area 1,451 sq.ft. 1,825 sq.ft. -9,4 1,584 sq.ft. -3,3 1,69 sq.ft. -6, Basement & Finished sf sf sf sf Rooms Below Grade Functional Utility Average Average Average Average Heating/Cooling EHP/GFA/CAC GFA/CAC EHP/CAC EHP/CAC Energy Efficient Items Windows/Doors Windows/Doors Windows/Doors Windows/Doors Garage/Carport 3dw 1gd2dw -4, 1cp2dw -2, 2dw Porch/Patio/Deck Deck/Porch Deck/Porch Por/Deck/Blk -2, Deck/Stoop +1, Fpl/Sheds etc. 1 Fpl Shed Shed 1 Fpl Net Adjustment (Total) + - + - -22,76 Adjusted Sale Price Net Adj. % Net Adj. 1.9 2.1 % of Comparables Gross Adj. 1.9 % 186,24 Gross Adj. 2.8 % I did did not research the sale or transfer history of the subject property and comparable sales. If not, explain + Net Adj. 293,7 Gross Adj. -6,3 - % 1. 4.8 % -2, 26, 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) Nelson Co. Public Records 2/19/23 Inst# 3842 My research did did not reveal any prior sales or transfers of the comparable sales for the year prior to the date of sale of the comparable sale. Data Source(s) Augusta and Nelson Counties Public records, information below. Report the results of the research and analysis of the prior sale or transfer history of the subject property and comparable sales (report additional prior sales on page 3). ITEM SUBJECT COMPARABLE SALE #1 COMPARABLE SALE #2 COMPARABLE SALE #3 Date of Prior Sale/Transfer Price of Prior Sale/Transfer Data Source(s) Inst# 3842 Inst# 13223 Inst# 132927 Inst# 4412 Effective Date of Data Source(s) 8/12/216 8/16/216 8/16/216 8/16/216 Analysis of prior sale or transfer history of the subject property and comparable sales The subject's last transaction was in 23; that transaction has no effect on current value. The comp's previous sales all appear to have been arm-length sales, except comp5; it was a family transaction. Summary of Sales Comparison Approach Your appraiser has searched the subject's market area for comparable sales. The comparables are as similar to the subject as possible. They do bracket the subject's GLA, room counts, site size, and external features. The comps have relative low adjustment rates putting in the consideration that it has a relative large site size and is in the rural area. The comp1 has similar room counts; the comp2 and 3 are recent sales. They bracket a relative small value range for the subject. They have similar room counts, site size, and have no basement. The comp3 has also no car storage and has similar external features as the subject has. This comp seems to be the most similar to the subject.its total net adjustment is the lowest. The comp3 got the most weight during the reconciliation process. RECONCILIATION Indicated Value by Sales Comparison Approach 26, Indicated Value by: Sales Comparison Approach Cost Approach (if developed) Income Approach (if developed) 26, 186,156 The direct sales comparison is considered the most reliable indicator of value and is given the most weight. The cost approach doesn't give much support, because the subject is an old and remodeled construction. The income approach was not used due to the predominance of owner occupied properties. 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, or subject to the following required inspection based on the extraordinary assumption that the condition or deficiency does not require alteration or repair: The subject is fully functional. Based on a complete visual inspection of the interior and exterior areas of the subject property, defined scope of work, statement of assumptions and limiting conditions, and appraiser's certification, my (our) opinion of the market value, as defined, of the real property that is the subject of this report is, as of, which is the date of inspection and the effective date of this appraisal. 26, 8/12/216 Freddie Mac Form 7 March 25 UAD Version 9/211 Page 2 of 6 Form 14UAD - "TOTAL" appraisal software by a la mode, inc. - 1-8-ALAMODE Fannie Mae Form 14 March 25

Uniform Residential Appraisal Report 69574 File # 1629 "The Intended User of this appraisal report is the. The Intended Use is to evaluate the property that is the subject of this appraisal for a mortgage finance transaction, subject to the stated Scope of Work, purpose of the appraisal, reporting requirements of this appraisal report form, and Definition of Market Value. No additional Intended Users are identified by the appraiser." There is no current plat available. The subject has a private well and septic; no public water/sewer is available.; this does not affects the subject's marketability. The subject's utilities were on at the time of the inspection and seemed to work properly. The "other" land use is vacant, open, woods, pasture etc. land as is typical in non-urban, rural area's. The appraiser has not had any dealing with the subject in the past three years. ADDITIONAL COMMENTS Virginia now requires the fee paid to the appraiser to be disclosed in the report. That fee was 325. The subject's value is below the predominant values; it is a small and old ranch, and in Nelson county there are many newer constructions in a higher price range which dominate the statistics. COST APPROACH TO VALUE (not required by Fannie Mae) Provide adequate information for the lender/client to replicate the below cost figures and calculations. Support for the opinion of site value (summary of comparable land sales or other methods for estimating site value) COST APPROACH The subject's estimated lot value is about 15,. It would be considered a "fill in lot" and so actual similar sales are limited; the parcel is assessed for 4,5. The appraiser found a similar land sale: CAAR MLS# 535652 2.14 ac sold for 45, on 11/1/2145 DOM 29. 1,451 Sq.Ft. @ Sq.Ft. @ Deck/Porch Garage/Carport Sq.Ft. @ Total Estimate of Cost-New Less Physical Functional Depreciation 7,429 Depreciated Cost of Improvements "As-is" Value of Improvements The subject is a 1 years old house, so the cost approach is not applicable. General figures are to the right. It is not to be used for insurance purposes. Estimated Remaining Economic Life (HUD and VA only) INCOME OPINION OF SITE VALUE DWELLING ESTIMATED REPRODUCTION OR REPLACEMENT COST NEW Source of cost data M&S Builder Cost, estimate, local contractor. Quality rating from cost service Good Effective date of cost data 6/16 Comments on Cost Approach (gross living area calculations, depreciation, etc.) 95.51 45, 138,585 =( = = 7,429) 141,156 = 186,156 1, 148,585 External 57 Years INDICATED VALUE BY COST APPROACH INCOME APPROACH TO VALUE (not required by Fannie Mae) Estimated Monthly Market Rent X Gross Rent Multiplier Summary of Income Approach (including support for market rent and GRM) = = = = = = = Indicated Value by Income Approach PUD INFORMATION PROJECT INFORMATION FOR PUDs (if applicable) Is the developer/builder in control of the Homeowners' Association (HOA)? No Unit type(s) Detached Attached Provide the following information for PUDs ONLY if the developer/builder is in control of the HOA and the subject property is an attached dwelling unit. Legal Name of Project Total number of phases Total number of units Total number of units sold Total number of units rented Total number of units for sale Data source(s) Was the project created by the conversion of existing building(s) into a PUD? No If, date of conversion. Does the project contain any multi-dwelling units? No Data Source Are the units, common elements, and recreation facilities complete? No If No, describe the status of completion. Are the common elements leased to or by the Homeowners' Association? No If, describe the rental terms and options. Describe common elements and recreational facilities. Freddie Mac Form 7 March 25 UAD Version 9/211 Page 3 of 6 Form 14UAD - "TOTAL" appraisal software by a la mode, inc. - 1-8-ALAMODE Fannie Mae Form 14 March 25

Uniform Residential Appraisal Report 69574 File # 1629 This report form is designed to report an appraisal of a one-unit property or a one-unit property with an accessory unit; including a unit in a planned unit development (PUD). This report form is not designed to report an appraisal of a manufactured home or a unit in a condominium or cooperative project. This appraisal report is subject to the following scope of work, intended use, intended user, definition of market value, statement of assumptions and limiting conditions, and certifications. Modifications, additions, or deletions to the intended use, intended user, definition of market value, or assumptions and limiting conditions are not permitted. The appraiser may expand the scope of work to include any additional research or analysis necessary based on the complexity of this appraisal assignment. Modifications or deletions to the certifications are also not permitted. However, additional certifications that do not constitute material alterations to this appraisal report, such as those required by law or those related to the appraiser's continuing education or membership in an appraisal organization, are permitted. SCOPE OF WORK: The scope of work for this appraisal is defined by the complexity of this appraisal assignment and the reporting requirements of this appraisal report form, including the following definition of market value, statement of assumptions and limiting conditions, and certifications. The appraiser must, at a minimum: (1) perform a complete visual inspection of the interior and exterior areas of the subject property, (2) inspect the neighborhood, (3) inspect each of the comparable sales from at least the street, (4) research, verify, and analyze data from reliable public and/or private sources, and (5) report his or her analysis, opinions, and conclusions in this appraisal report. INTENDED USE: The intended use of this appraisal report is for the lender/client to evaluate the property that is the subject of this appraisal for a mortgage finance transaction. INTENDED USER: The intended user of this appraisal report is the lender/client. DEFINITION OF MARKET VALUE: 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, 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 each acting in what he or she considers his or her own best interest; (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. *Adjustments to the comparables must be made for special or creative financing or sales concessions. No adjustments are necessary for those costs which are normally paid by sellers as a result of tradition or law in a market area; these costs are readily identifiable since the seller pays these costs in virtually all sales transactions. Special or creative financing adjustments can be made to the comparable property by comparisons to financing terms offered by a third party institutional lender that is not already involved in the property or transaction. Any adjustment should not be calculated on a mechanical dollar for dollar cost of the financing or concession but the dollar amount of any adjustment should approximate the market's reaction to the financing or concessions based on the appraiser's judgment. STATEMENT OF ASSUMPTIONS AND LIMITING CONDITIONS: The appraiser's certification in this report is subject to the following assumptions and limiting conditions: 1. The appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the title to it, except for information that he or she became aware of during the research involved in performing this appraisal. The appraiser assumes that the title is good and marketable and will not render any opinions about the title. 2. The appraiser has provided a sketch in this appraisal report to show the approximate dimensions of the improvements. The sketch is included only to assist the reader in visualizing the property and understanding the appraiser's determination of its size. 3. The appraiser has examined the available flood maps that are provided by the Federal Emergency Management ncy (or other data sources) and has noted in this appraisal report whether any portion of 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. 4. 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, or as otherwise required by law. 5. The appraiser has noted in this appraisal report any adverse conditions (such as needed repairs, deterioration, 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 research involved in performing the appraisal. Unless otherwise stated in this appraisal report, the appraiser has no knowledge of any hidden or unapparent physical deficiencies or adverse conditions of the property (such as, but not limited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) that would make the property less valuable, and has assumed that there are no such conditions and makes no guarantees or warranties, express or implied. 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, this appraisal report must not be considered as an environmental assessment of the property. 6. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to satisfactory completion, repairs, or alterations on the assumption that the completion, repairs, or alterations of the subject property will be performed in a professional manner. Freddie Mac Form 7 March 25 UAD Version 9/211 Page 4 of 6 Form 14UAD - "TOTAL" appraisal software by a la mode, inc. - 1-8-ALAMODE Fannie Mae Form 14 March 25

Uniform Residential Appraisal Report APPRAISER'S CERTIFICATION: 69574 File # 1629 The Appraiser certifies and agrees that: 1. I have, at a minimum, developed and reported this appraisal in accordance with the scope of work requirements stated in this appraisal report. 2. I performed a complete visual inspection of the interior and exterior areas of the subject property. I reported the condition of the improvements in factual, specific terms. I identified and reported the physical deficiencies that could affect the livability, soundness, or structural integrity of the property. 3. I performed this appraisal in accordance with the requirements of the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the time this appraisal report was prepared. 4. I developed my opinion of the market value of the real property that is the subject of this report based on the sales comparison approach to value. I have adequate comparable market data to develop a reliable sales comparison approach for this appraisal assignment. I further certify that I considered the cost and income approaches to value but did not develop them, unless otherwise indicated in this report. 5. I researched, verified, analyzed, and reported on any current agreement for sale for the subject property, any offering for sale of the subject property in the twelve months prior to the effective date of this appraisal, and the prior sales of the subject property for a minimum of three years prior to the effective date of this appraisal, unless otherwise indicated in this report. 6. I researched, verified, analyzed, and reported on the prior sales of the comparable sales for a minimum of one year prior to the date of sale of the comparable sale, unless otherwise indicated in this report. 7. I selected and used comparable sales that are locationally, physically, and functionally the most similar to the subject property. 8. I have not used comparable sales that were the result of combining a land sale with the contract purchase price of a home that has been built or will be built on the land. 9. I have reported adjustments to the comparable sales that reflect the market's reaction to the differences between the subject property and the comparable sales. 1. I verified, from a disinterested source, all information in this report that was provided by parties who have a financial interest in the sale or financing of the subject property. 11. I have knowledge and experience in appraising this type of property in this market area. 12. I am aware of, and have access to, the necessary and appropriate public and private data sources, such as multiple listing services, tax assessment records, public land records and other such data sources for the area in which the property is located. 13. I obtained the information, estimates, and opinions furnished by other parties and expressed in this appraisal report from reliable sources that I believe to be true and correct. 14. I have taken into consideration the factors that have an impact on value with respect to the subject neighborhood, subject property, and the proximity of the subject property to adverse influences in the development of my opinion of market value. I have noted in this appraisal report any adverse conditions (such as, but not limited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) observed during the inspection of the subject property or that I became aware of during the research involved in performing this appraisal. I have considered these adverse conditions in my analysis of the property value, and have reported on the effect of the conditions on the value and marketability of the subject property. 15. I have not knowingly withheld any significant information from this appraisal report and, to the best of my knowledge, all statements and information in this appraisal report are true and correct. 16. I stated in this appraisal report my own personal, unbiased, and professional analysis, opinions, and conclusions, which are subject only to the assumptions and limiting conditions in this appraisal report. 17. I have no present or prospective interest in the property that is the subject of this report, and I have no present or prospective personal interest or bias with respect to the participants in the transaction. I did not base, either partially or completely, my analysis and/or opinion of market value in this appraisal report on the race, color, religion, sex, age, marital status, 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 or on any other basis prohibited by law. 18. My employment and/or compensation for performing this appraisal or any future or anticipated appraisals was not conditioned on any agreement or understanding, written or otherwise, that I would report (or present analysis supporting) a predetermined specific value, a predetermined minimum value, a range or direction in value, a value that favors the cause of any party, or the attainment of a specific result or occurrence of a specific subsequent event (such as approval of a pending mortgage loan application). 19. I personally prepared all conclusions and opinions about the real estate that were set forth in this appraisal report. If I relied on significant real property appraisal assistance from any individual or individuals in the performance of this appraisal or the preparation of this appraisal report, I have named such individual(s) and disclosed the specific tasks performed in this appraisal report. I certify that any individual so named is qualified to perform the tasks. I have not authorized anyone to make a change to any item in this appraisal report; therefore, any change made to this appraisal is unauthorized and I will take no responsibility for it. 2. I identified the lender/client in this appraisal report who is the individual, organization, or agent for the organization that ordered and will receive this appraisal report. Freddie Mac Form 7 March 25 UAD Version 9/211 Page 5 of 6 Form 14UAD - "TOTAL" appraisal software by a la mode, inc. - 1-8-ALAMODE Fannie Mae Form 14 March 25

Uniform Residential Appraisal Report 69574 File # 1629 21. The lender/client may disclose or distribute this appraisal report to: the borrower; another lender at the request of the borrower; the mortgagee or its successors and assigns; mortgage insurers; government sponsored enterprises; other secondary market participants; data collection or reporting services; professional appraisal organizations; any department, agency, or instrumentality of the United States; and any state, the District of Columbia, or other jurisdictions; without having to obtain the appraiser's or supervisory appraiser's (if applicable) consent. Such consent must be obtained before this appraisal report may be disclosed or distributed to any other party (including, but not limited to, the public through advertising, public relations, news, sales, or other media). 22. I am aware that any disclosure or distribution of this appraisal report by me or the lender/client may be subject to certain laws and regulations. Further, I am also subject to the provisions of the Uniform Standards of Professional Appraisal Practice that pertain to disclosure or distribution by me. 23. The borrower, another lender at the request of the borrower, the mortgagee or its successors and assigns, mortgage insurers, government sponsored enterprises, and other secondary market participants may rely on this appraisal report as part of any mortgage finance transaction that involves any one or more of these parties. 24. If this appraisal report was transmitted as an "electronic record" containing my "electronic signature," as those terms are defined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of this appraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable and valid as if a paper version of this appraisal report were delivered containing my original hand written signature. 25. Any intentional or negligent misrepresentation(s) contained in this appraisal report may result in civil liability and/or criminal penalties including, but not limited to, fine or imprisonment or both under the provisions of Title 18, United States Code, Section 11, et seq., or similar state laws. SUPERVISORY APPRAISER'S CERTIFICATION: The Supervisory Appraiser certifies and agrees that: 1. I directly supervised the appraiser for this appraisal assignment, have read the appraisal report, and agree with the appraiser's analysis, opinions, statements, conclusions, and the appraiser's certification. 2. I accept full responsibility for the contents of this appraisal report including, but not limited to, the appraiser's analysis, opinions, statements, conclusions, and the appraiser's certification. 3. The appraiser identified in this appraisal report is either a sub-contractor or an employee of the supervisory appraiser (or the appraisal firm), is qualified to perform this appraisal, and is acceptable to perform this appraisal under the applicable state law. 4. This appraisal report complies with the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the time this appraisal report was prepared. 5. If this appraisal report was transmitted as an "electronic record" defined in applicable federal and/or state laws (excluding audio and appraisal report containing a copy or representation of my signature, valid as if a paper version of this appraisal report were delivered containing my "electronic signature," as those terms are video recordings), or a facsimile transmission of this the appraisal report shall be as effective, enforceable and containing my original hand written signature. APPRAISER SUPERVISORY APPRAISER (ONLY IF REQUIRED) Signature Name Maria Pucsinszki Company Name Golden Rule Real Estate Appraisal LLC. Company Address 11 Red Sunset Ln. Apt#13 Staunton, VA 2441 Telephone Number 54-81-428 Email Address grappraisal@gmail.com Date of Signature and Report 8/19/216 Effective Date of Appraisal 8/12/216 State Certification # 41177 or State License # or Other (describe) State # Expiration Date of Certification or License 11/3/216 Signature Name Company Name Company Address ADDRESS OF PROPERTY APPRAISED, VA 22967 APPRAISED VALUE OF SUBJECT PROPERTY Telephone Number Email Address Date of Signature State Certification # or State License # State Expiration Date of Certification or License SUBJECT PROPERTY Did not inspect subject property Did inspect exterior of subject property from street Date of Inspection Did inspect interior and exterior of subject property Date of Inspection 26, LENDER/CLIENT Name SouthEastern Evaluation Company Name Company Address 4355 Innlake Drive, Glenn Allen, VA 236 COMPARABLE SALES Did not inspect exterior of comparable sales from street Did inspect exterior of comparable sales from street Date of Inspection Email Address Freddie Mac Form 7 March 25 UAD Version 9/211 Page 6 of 6 Form 14UAD - "TOTAL" appraisal software by a la mode, inc. - 1-8-ALAMODE Fannie Mae Form 14 March 25

Supplemental Addendum File No. 1629 Appraisal Development and Reporting Process The appraisals Standards Board (ASB) of the Appraisal Foundation has deemed that the level of detail suggests that this is a an Appraisal Report. Accordingly, it is intended to comply with the reporting requirements set forth under Standards Rule 2-2(a) of the Uniform Standards of Professional Appraisal Practice for an Appraisal Report. As such, it presents only summary discussions of the data, reasoning, and analyses that were used in the appraisal process to develop the appraiser's opinion of value. The new term "opinion" is synonymous the "estimate" when the term "estimate" is used for opinion. Supporting documentation that is not provided with the report concerning the data, reasoning and analyses is retained the appraiser's file. To conform with the Intent of S.R.2-3 (Certification), It Is Expressly Understood That 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, and my compensation is not contingent upon the occurance of a subsequent event directly related to the intended use of this appraisal. Scope of he Appraisal The scope of he appraisal report is the formulation of the most current applicable data in relation to the subject property and the market value estimate. The verified collected data are processed through the basic applicable approaches or methods - cost, Income, direct Sales Comparison. The selected comparable data are adjusted, within the applicable methods of valuation, to the subject property. the adjustment process is detailed, along with the reconciliation, within the appropriate sections of the appraisal report. Addendum to Contingent and Limiting Conditions In this appraisal assignment, the existence of potentially hazardous material used in the construction or maintenance of the building such as the presence of area formaldehyde insulation, and/or existence of toxic waste, which may or may not be present on the property, has not been considered,. The appraiser is not qualified to detect such substances. The client is urged to retain an expert in this field if desired. Form TADD - "TOTAL" appraisal software by a la mode, inc. - 1-8-ALAMODE

69574 Uniform Residential Appraisal Report FEATURE SALE HISTORY SALES COMPARISON APPROACH Address SUBJECT COMPARABLE SALE # 4 326 Edgehill Way Faber, VA 22938 7.66 miles E 234, sq.ft. 149.23 sq.ft., VA 22967 Proximity to Subject Sale Price Sale Price/Gross Liv. Area Data Source(s) Verification Source(s) VALUE ADJUSTMENTS DESCRIPTION Sales or Financing Concessions Date of Sale/Time Leasehold/Fee Simple Fee Simple 2.31 ac N;Woods;Mtn Design (Style) DT1.5;Ranch Quality of Construction Actual 1 Condition C3 Above Grade Total Bdrms. Baths Room Count 6 4 Gross Living Area 1,451 sq.ft. Basement & Finished sf Rooms Below Grade Functional Utility Average Heating/Cooling EHP/GFA/CAC Energy Efficient Items Windows/Doors Garage/Carport 3dw Porch/Patio/Deck Deck/Porch Fpl/Sheds etc. 1 Fpl CAAR MLS# 55133;DOM 131 Nelson County Tax Card DESCRIPTION +(-) Adjustment Listing Listing; Active -7,2 Fee Simple 3.15 ac -2,52 N;Res;Woods DT1;Ranch 23 C3 Total Bdrms. Baths 6 3 2.1 1,568 sq.ft. sf Average EHP/CAC Windows/Doors 2dw Deck/Porch 1 Fpl File # 1629 COMPARABLE SALE # 6 COMPARABLE SALE # 5 447 Persimmon Hill Dr, VA 22967 5.37 miles SW 243, 212.41 sq.ft. CAAR MLS# 532345;DOM 459 Augusta County Tax Card DESCRIPTION +(-) Adjustment Listing Listing; Active -7,29 Fee Simple 6.65 ac -13,2 N;Woods;Mtn DT1.;Ranch 2 C3 Total Bdrms. Baths +1, -2,9 3 2 1,144 sq.ft. 1144sf829sfwo 1rrbr.bao Average EHP/CAC Windows/Doors 2gd2dw Por/Dck/Stp None sq.ft. DESCRIPTION +(-) Adjustment Total Bdrms. Baths +6, +7,7-19,73 sq.ft. -8, -1, +2, Net Adjustment (Total) + - + - + - -11,44-33,34 Adjusted Sale Price Net Adj. % Net Adj. % Net Adj. % 4.9 13.7 of Comparables Gross Adj. % 5.7 % 222,56 Gross Adj. 26.6 % 29,66 Gross Adj. Report the results of the research and analysis of the prior sale or transfer history of the subject property and comparable sales (report additional prior sales on page 3). ITEM SUBJECT COMPARABLE SALE # 4 COMPARABLE SALE # 5 COMPARABLE SALE # 6 Date of Prior Sale/Transfer Price of Prior Sale/Transfer Data Source(s) Inst# 3842 Inst# 8571 Public Records Effective Date of Data Source(s) 8/12/216 8/16/216 8/16/216 Analysis of prior sale or transfer history of the subject property and comparable sales ANALYSIS / COMMENTS Analysis/Comments Freddie Mac Form 7 March 25 UAD Version 9/211 Form 14UAD.(AC) - "TOTAL" appraisal software by a la mode, inc. - 1-8-ALAMODE Fannie Mae Form 14 March 25

Subject Photo Page Subject Front Sales Price Gross Living Area 1,451 6 Total Bedrooms 4 Total Bathrooms N;Woods;Mtn 2.31 ac Quality 1 Subject Rear/Side Subject Rear Form PIC3x5.SR - "TOTAL" appraisal software by a la mode, inc. - 1-8-ALAMODE

Subject Photo Page Subject Street Sales Price Gross Living Area 1,451 6 Total Bedrooms 4 Total Bathrooms N;Woods;Mtn 2.31 ac Quality 1 Subject Street Subject Side Form PIC3x5.SR - "TOTAL" appraisal software by a la mode, inc. - 1-8-ALAMODE

Subject Interior Photo Page Subject Entry Sales Price Gross Living Area 1,451 6 Total Bedrooms 4 Total Bathrooms N;Woods;Mtn 2.31 ac Quality 1 Subject Living Subject Eat-in Form PIC3x5.SI - "TOTAL" appraisal software by a la mode, inc. - 1-8-ALAMODE

Subject Interior Photo Page Subject Kitchen Sales Price Gross Living Area 1,451 6 Total Bedrooms 4 Total Bathrooms N;Woods;Mtn 2.31 ac Quality 1 Subject Laundry Subject Bath Form PIC3x5.SI - "TOTAL" appraisal software by a la mode, inc. - 1-8-ALAMODE

Subject Interior Photo Page Subject Bedroom Sales Price Gross Living Area 1,451 6 Total Bedrooms 4 Total Bathrooms N;Woods;Mtn 2.31 ac Quality 1 Subject Bedroom Subject Bedroom Form PIC3x5.SI - "TOTAL" appraisal software by a la mode, inc. - 1-8-ALAMODE

Subject Interior Photo Page Subject Bedroom Sales Price Gross Living Area 1,451 6 Total Bedrooms 4 Total Bathrooms N;Woods;Mtn 2.31 ac Quality 1 Subject Bath Subject Attic Form PIC3x5.SI - "TOTAL" appraisal software by a la mode, inc. - 1-8-ALAMODE

Subject Photo Page Subject Electric Box Sales Price Gross Living Area 1,451 6 Total Bedrooms 4 Total Bathrooms N;Woods;Mtn 2.31 ac Quality 1 Subject Water Heater Subject Crawl Form PIC3X5.SR - "TOTAL" appraisal software by a la mode, inc. - 1-8-ALAMODE

Comparable Photo Page Comparable 1 3149 Crabtree Falls Hwy Prox. to Subject 5.55 miles SW Sales Price 29, Gross Living Area 1,825 5 Total Bedrooms 3 Total Bathrooms 3. N;Woods;Res 5.43 ac Quality 9 Comparable 2 75 Oak Grove Ln Prox. to Subject 6.19 miles NE Sales Price 3, Gross Living Area 1,584 5 Total Bedrooms 3 Total Bathrooms 2.1 N;Woods; 1.92 ac Quality 9 Comparable 3 28 Hooded Warbler Ln Prox. to Subject 4.57 miles NE Sales Price 28, Gross Living Area 1,69 6 Total Bedrooms 3 Total Bathrooms N;Mtn; 2.72 ac Quality 18 Form PIC3x5.CR - "TOTAL" appraisal software by a la mode, inc. - 1-8-ALAMODE

Comparable Photo Page Comparable 4 326 Edgehill Way Prox. to Subject 7.66 miles E Sales Price 234, Gross Living Area 1,568 6 Total Bedrooms 3 Total Bathrooms 2.1 N;Res;Woods 3.15 ac Quality 23 Comparable 5 447 Persimmon Hill Dr Prox. to Subject 5.37 miles SW Sales Price 243, Gross Living Area 1,144 3 Total Bedrooms 2 Total Bathrooms N;Woods;Mtn 6.65 ac Quality 2 Comparable 6 Prox. to Subject Sales Price Gross Living Area Total Bedrooms Total Bathrooms Quality Form PIC3x5.CR - "TOTAL" appraisal software by a la mode, inc. - 1-8-ALAMODE

E & O Form MAP.PLAT - "TOTAL" appraisal software by a la mode, inc. - 1-8-ALAMODE

License Form MAP.PLAT - "TOTAL" appraisal software by a la mode, inc. - 1-8-ALAMODE

Map Form MAP.LOC - "TOTAL" appraisal software by a la mode, inc. - 1-8-ALAMODE

MARKET RESEARCH & ANALYSIS Market Conditions Addendum to the Appraisal Report 69574 File No. 1629 The purpose of this addendum is to provide the lender/client with a clear and accurate understanding of the market trends and conditions prevalent in the subject neighborhood. This is a required addendum for all appraisal reports with an effective date on or after April 1, 29. ZIP Code 22967 Instructions: The appraiser must use the information required on this form as the basis for his/her conclusions, and must provide support for those conclusions, regarding housing trends and overall market conditions as reported in the Neighborhood section of the appraisal report form. The appraiser must fill in all the information to the extent it is available and reliable and must provide analysis as indicated below. If any required data is unavailable or is considered unreliable, the appraiser must provide an explanation. It is recognized that not all data sources will be able to provide data for the shaded areas below; if it is available, however, the appraiser must include the data in the analysis. If data sources provide the required information as an average instead of the median, the appraiser should report the available figure and identify it as an average. Sales and listings must be properties that compete with the subject property, determined by applying the criteria that would be used by a prospective buyer of the subject property. The appraiser must explain any anomalies in the data, such as seasonal markets, new construction, foreclosures, etc. Inventory Analysis Prior 7 12 Months Prior 4 6 Months Current 3 Months Overall Trend Total # of Comparable Sales (Settled) 9 2 3 Absorption Rate (Total Sales/Months) 1.5.67 1. Total # of Comparable Active Listings N/A N/A 5 Months of Housing Supply (Total Listings/Ab.Rate) N/A N/A 5. Median Sale & List Price, DOM, Sale/List % Overall Trend Prior 7 12 Months Prior 4 6 Months Current 3 Months Median Comparable Sale Price 29, 224, 28, Median Comparable Sales Days on Market 197 133 111 Median Comparable List Price N/A N/A 234, Median Comparable Listings Days on Market N/A N/A 3 Median Sale Price as % of List Price N/A N/A.88 Seller-(developer, builder, etc.)paid financial assistance prevalent? No Explain in detail the seller concessions trends for the past 12 months (e.g., seller contributions increased from 3% to 5%, increasing use of buydowns, closing costs, condo fees, options, etc.). Seller concessions do happen in the area, but are not a consistent ratio. First time home buyers tend to ask for concessions while repeat buyers do not. This price range house is sometimes a "first time" price range house. Are foreclosure sales (REO sales) a factor in the market? No If yes, explain (including the trends in listings and sales of foreclosed properties). Cite data sources for above information. APPRAISER CONDO/CO-OP PROJECTS Charlottesville Area Association of Realtors MLS. Numbers above are averages rather than median, as most statistics are not given in median numbers in this MLS. This MLS does not calculate DOM for current listings, so this information is marked "N/A" above. Summarize the above information as support for your conclusions in the Neighborhood section of the appraisal report form. If you used any additional information, such as an analysis of pending sales and/or expired and withdrawn listings, to formulate your conclusions, provide both an explanation and support for your conclusions. Houses that are truly comparable to the subject property are those used as comparables in this report. There is not enough data to support specific trends, so the market must be considered stable. This form has no value when the pool of data is so small. The appraiser attempted to include the houses that have at least 1sf GLA, between 1-15 acre, built after 199, has no basement in Nelson County etc., but that simply does not include enough comps to be truly applicable. Due to the small pool of data the above table has no statistical value. Please, do not draw any conclusion from it or base any decision on it. If the subject is a unit in a condominium or cooperative project, complete the following: Project Name: Subject Project Data Prior 7 12 Months Prior 4 6 Months Current 3 Months Overall Trend Total # of Comparable Sales (Settled) Absorption Rate (Total Sales/Months) Total # of Active Comparable Listings Months of Unit Supply (Total Listings/Ab.Rate) Are foreclosure sales (REO sales) a factor in the project? No If yes, indicate the number of REO listings and explain the trends in listings and sales of foreclosed properties. Summarize the above trends and address the impact on the subject unit and project. Signature Appraiser Name Maria Pucsinszki Company Name Golden Rule Real Estate Appraisal LLC. Company Address 11 Red Sunset Ln. Apt#13, Staunton, VA 2441 State License/Certification # 41177 Signature Supervisory Appraiser Name Company Name Company Address State License/Certification # Email Address Email Address grappraisal@gmail.com Freddie Mac Form 71 March 29 Page 1 of 1 State Fannie Mae Form 14MC March 29 Form 14MC2 - "TOTAL" appraisal software by a la mode, inc. - 1-8-ALAMODE

Loan # USPAP Compliance Addendum County File # State Nelson 69574 1629 VA Zip Code 22967 APPRAISAL AND REPORT IDENTIFICATION This Appraisal Report is one of the following types: Appraisal Report This report was prepared in accordance with the requirements of the Appraisal Report option of USPAP Standards Rule 2-2(a). Restricted Appraisal Report This report was prepared in accordance with the requirements of the Restricted Appraisal Report option of USPAP Standards Rule 2-2(b). The intended user of this report is limited to the identified client. This is a Restricted Appraisal Report and the rationale for how the appraiser arrived at the opinions and conclusions set forth in the report may not be understood properly without the additional information in the appraiser's workfile. ADDITIONAL CERTIFICATIONS I certify that, to the best of my knowledge and belief: The statements of fact contained in this report are true and correct. The report analyses, opinions, and conclusions are limited only by the reported assumptions and are my personal, impartial, and unbiased professional analyses, opinions, and conclusions. I have no (or the specified) present or prospective interest in the property that is the subject of this report and no (or specified) personal interest with respect to the parties involved. 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. This appraisal report was prepared in accordance with the requirements of Title XI of FIRREA and any implementing regulations. PRIOR SERVICES I have NOT performed 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 performed services, as an appraiser or in another capacity, regarding the property that is the subject of this report within the three-year period immediately preceding acceptance of this assignment. Those services are described in the comments below. PROPERTY INSPECTION I have NOT made a personal inspection of the property that is the subject of this report. I HAVE made a personal inspection of the property that is the subject of this report. APPRAISAL ASSISTANCE Unless otherwise noted, no one provided significant real property appraisal assistance to the person signing this certification. If anyone did provide significant assistance, they are hereby identified along with a summary of the extent of the assistance provided in the report. ADDITIONAL COMMENTS Additional USPAP related issues requiring disclosure and/or any state mandated requirements: MARKETING TIME AND EXPOSURE TIME FOR THE SUBJECT PROPERTY A reasonable marketing time for the subject property is A reasonable exposure time for the subject property is APPRAISER 12 12 day(s) utilizing market conditions pertinent to the appraisal assignment. day(s). SUPERVISORY APPRAISER (ONLY IF REQUIRED) Signature Signature Name Maria Pucsinszki 8/19/216 State Certification # 41177 Name Date of Signature Date of Signature or State License # or State License # State State Certification # State VA Expiration Date of Certification or License 11/3/216 Expiration Date of Certification or License Supervisory Appraiser Inspection of Subject Property Effective Date of Appraisal 8/12/216 Did Not Exterior-only from Street USPAP Compliance Addendum 214 Interior and Exterior Page 1 of 1 Form ID14EC - "TOTAL" appraisal software by a la mode, inc. - 1-8-ALAMODE