TERENCE WALSH - APPRAISER'S QUALIFICATIONS NYS LICENSE #

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TERENCE WALSH - APPRAISER'S QUALIFICATIONS NYS LICENSE # 45000002568 EDUCATION: State University of New York at New Paltz Bachelor of Science Degree in Business 1983 Society of Real Estate Appraisers - Course 101 1985 Society of Real Estate Appraisers - Course 102 1987 Society of Real Estate Appraisers Professional Practice Seminar 1989 Appraisal Institute Professional Practice Course 1991 American Society of Appraisers FIRREA: Overview & Practical Applications Seminar 1993 Albany Center for Real Estate Education Residential Appraisal Review: Principles & Techniques 1994 Society of Real Estate Appraisers Single Unit Condominium Appraisal 1994 New York State Society of Real Estate Appraisers Appraiser as an Expert Witness Site Evaluation 1994 New York State Society of Real Estate Appraisers Environmental Risk Screening Seminar 1995 Albany Center for Real Estate Education Introduction to Income Capitalization 1995 NYS Association of Realtors 2 nd Annual Spring Conference - Lead Paint Regulations 1996 Home Office for the Real Estate Professional Home Inspections: Defects & Remediation 1997 NYS Association of Realtors - 3 rd Annual Spring Conference 1997 NYS Association of Realtors - 4 th Annual Spring Conference 1998 NYS Association of Realtors - 5 th Annual Spring Conference 1999 McKissock Data Systems Appraisal Schools Uniform Standards of Professional Appraisal Practice 1999

McKissock Data Systems Appraisal Schools Course - Does My Report Comply with USPAP? 4/2003 Course - Mobils, Modulars, Log Cabins & Manufactured Housing 10/2003 Course - Fair Housing 10/2003 Appraisal Institute - Mid Hudson Chapter Course - Appraisal Consulting 5/2005 McKissock Data Systems Appraisal Schools Course - Uniform Standards of Professional Appraisal Practice 5/2005 Appraisal Institute - Mid Hudson Chapter The Professional s Guide to the Uniform Residential Appraisal Report 8/2005 Course - Energy Efficiency & Its Effect on Property Value 10/2005 Course - USPAP Update 4/2007 Course - Eminent Domain 8/2007 Course - Land Development 9/2007 Course - Green Construction 10/2007 Course - Marketing and Appraising in a Declining Market 5/2009 Course - Reviewing Single Family & Commercial Appraisals 8/2009 - Course - USPAP Update 9/2009 Course - Zoning & Land Use 10/2009 Appraisal Institute The Uniform Appraisal Dataset from Fannie Mae & Freddie Mac 08/2011

Course - USPAP Update Course 06/2015 Course - Land Development: Map Reading & Concepts of Residential Site Layout 09/2015 Course - Tax Assessment Grievance Process 10/2015 Course - The New FHA Manual & Its Impact on the Real Estate Transaction 12/2015 LICENSES & DESIGNATIONS: NYS Certified Real Estate Residential Appraiser License #45000002568-1992 EMPLOYMENT HISTORY: Valuation Consultants, Inc. Staff Appraiser 10/1999-Present Appraisal Services Company, Newburgh, New York Staff Appraiser 1985-10/1999 The Evening News, Newburgh, New York Advertising Sales 1984 Cornwall Central School District, Cornwall, New York Substitute Teacher 1983 Has appraised all types of residential property including family, condominiums, income properties, vacant land and building lots in Orange, Dutchess, and Ulster Counties in New York State. Completes approximately 300-350 appraisal assignments for clients. A. GENERAL EXPERIENCE: American Home Mortgage Bank of New York Chase Manhattan Bank Citibank Federal Standard Mortgage First Fidelity First Hudson Valley Fleet Bank Hometown Bank of the Hudson Valley HSBC Hudson United Bank Home and City Savings Key Bank M & T Bank

Midlantic Home Funding New York State Office of Mental Retardation and Developmental Disabilities P.J. Fogarty Premier National Bank Provident Savings Rhinebeck Savings Bank Town of Newburgh Union State Bank Valley National Bank Warwick Savings Bank Wilbur Bank FACTUAL STATISTICAL AND REFERENCE INFORMATION An up-to-date set of area Zoning Maps and Ordinances. Multiple Listing Services and TRW (Experian) Redi Data. City maps showing existence of underground utilities. Maintenance of sales transactions by subdivisions and street name, effective dates of sale and current listing. Current community statistics referring to retail sales, bank clearance, employment, transportation routes, construction activity, and mortgage recordings. Census Tract Maps. Flood Plain Maps. Wetland Maps.