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ADDENDUM Borrower:Paul E ZenchenkoFile No.:21146 Property Address:3062 Seminole RdCase No.:48-48-6-0535831 City:SilvertonState:ORZip:97381 Lender:Alliance Capital Partners Corp/VA APPRAISAL REPORT: APPRAISAL DEVELOPMENT AND REPORTING PROCESS Supporting documentation that is not provided with the report concerning the data, reasoning, and analysis is retained in the appraiser's file. Scope of Work is determined to include development of the sales comparison approach, purpose of the appraisal, reporting requirements of this appraisal report form, and Definition of Market Value. The appraiser is not a home inspector and this appraisal report is not a home inspection, the appraiser only performed a visual observation of accessible areas and the appraisal report cannot be Appraiser is not a licensed relied upon to disclose conditions and/or defect in the property. contractor in the business of cost repair estimating. Any cost estimate provided may be viewed by other's as misleading without a licensed contractor's estimate for support. Appraiser has identified the subject property via Realquest database(Public Records) and/or the local Multiple Listing Services. A through research was conducted of various Data Sources which may include the MLS, Realquest database (Public Records and appraiser files if any.) The Subject property was physically inspected as requested. An Interior and Exterior inspection was conducted to include the measurement of the improvements. A visual observation of the unobstructed, exposed surfaces of accessible areas from standing height was performed on the Subject's interior and exterior areas for valuation purposes only. Subject attic space was inspected, by head and shoulders. Appraiser is not a Home Inspector and can only report conditions based on visual observation as aforementioned. Zoning Data was obtained from Realquest Database( Public Records), office files, and/or City/County Planning Offices. The Exteriors of the most relevant, recent and proximate comparables were inspected from the "Curbside." Per Lender's request, the most appropriate form of reporting the Assignment was prepared. The Market Data was analyzed and Market adjustments were applied resulting in the most reasonable value conclusion for the Subject property. This report was then completed, signed and released to the Client. This Report is intended to satisfy the requirements of USPAP. Fannie Mae December 6,2016 Currently, we require the lender to provide the appraiser with all amendments made to a sales contract, including amendments that are made after completion of the appraisal. With this update, we have clarified when the appraiser must be provided with updates to the sales contract and circumstances that warrant updates to the appraisal. For example, if the contract is amended in a way that affects the description of the real property used by the appraiser, then the lender must provide the updated contract to the appraiser and the appraisal should be updated. However, minor updates to the contract, such as changes to seller paid closing costs or changes to the contract price, do not require an updated appraisal. In addition, we have updated the policy to require disclosure of changes to financing information (such as loan fees and charges, and subordinate financing provided by interested parties) to the appraiser only for purchase transactions. Carlos T. Perez Senior Vice President and Chief Credit Officer for Single-Family Fannie Mae measuring guidelines: ANSI Z765-2003 ANSI standards have been adopted by most MLS services and real estate agents. ANSI looks at the outside dimensions, but also may "extract" a few areas in the interior and provides some additional guidance when it comes to unique properties. Detached Single-Family Finished Square Footage For detached single-family houses, the finished square footage of each level is the sum of finished areas Addendum Page 1 of 10