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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 office, a study or a den. Rooms do not have to be divided by walls as long as there is space for the intended function. In many markets, an open concept design or floor plan has been used, which typically encompasses a kitchen, dining room and living room. In such situations, the open area, sometimes referred to as a “Great Room”, would usually be counted as three rooms even though there are no walls to separate those areas. Bathrooms, breakfast nooks, storage rooms, Mud rooms, laundry rooms, foyers and closets are not usually considered in the total room counts. Adjustments of $499 or less are not made. For clarity and ease of reading, all adjustments are 'rounded' to the nearest $100. This does not diminish the accuracy of the reported Opinion of Market Value, because notably, most property sale prices are recorded at $100 increments THERE APPEARS TO BE SALES CONCESSIONS IN SUBJECT'S MARKET AREA. I HAVE CONSIDERED RELEVANT COMPETITIVE LISTINGS AND OR CONTRACT OFFERINGS IN THE PERFORMANCE OF THIS APPRAISAL. IF A TREND IS INDICATED I HAVE ATTACHED AN ADDENDUM PROVIDING RELEVANT COMPETITIVE LISTINGS/CONTRACT OFFERING DATA. LISTING TO SELLING PRICE RATIO IS 100.0% DAYS ON MARKET 75, COMPARED TO 93 DAYS IN NOVEMBER AND LIST TO SALE PRICE RATIO OF 98.2%. FROM THE DATA ABOVE THE LIST TO SALE PRICE RATIO IMPROVED. "The global outbreak of a “novel coronavirus” known as COVID-19 was officially declared a pandemic by the World Health Organization (WHO). The reader is cautioned, and reminded that the conclusions presented in this appraisal report apply only as of the effective date(s) indicated. The appraiser makes no representation as to the effect on the subject property of any unforeseen event, subsequent to the effective date of the appraisal." The Intended User of this appraisal report is the Lender/Client/VA. 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 the Definition of Market Value. No additional intended Users are identified by the appraiser, except noted below: Identification of Client(s) Alliance Capital Partners Corp/VA The intended user(s) of the appraiser's opinions and conclusions is (are): Alliance Capital Partners Corp/VA The intended user(s) of the appraiser's opinions and conclusions is (are): Lender, VA support for adjustments: THE SQUARE FOOT ADJUSTMENT FOR THIS REPORT WAS BASED A SENSITIVITY ANALYSIS ADJUSTMENT ON THE CLOSED SALES TO ARRIVE AT A NARROW SPREAD OF VALUE INDICATION BETWEEN THE CLOSED SALES THE SQUARE FOOT ADJUSTMENT FOR THIS REPORT. ALL OTHER LINE ADJUSTMENTS WERE BASED ON THE REPLACEMENT COST OF THE IMPROVEMENTS MINUS DEPRECATION AND IT'S CONTRIBUTORY VALUE. At the request of the client, development of the cost approach has been attempted by the appraiser as an analysis to support their opinion of the property`s market value. Because there is insufficient market evidence to credibly support the site value/derivation of total depreciation, the cost approach is not given any consideration in the appraiser`s final analysis. Use of this data, in whole or in part, for other purposes is not intended by the appraiser. Nothing set forth in the appraisal should be relied upon for the purpose of determining the amount or type of insurance coverage to be placed on the subject property. The appraiser assumes no liability for and does not guarantee that any insurable value estimate inferred from this report will result in the subject property being fully insured for any loss that may be sustained. The appraiser recommends that an insurance professional be consulted. Further, the cost approach may not be a reliable indication of replacement or reproduction cost for any date other than the effective date of this appraisal due to changing costs of labor and materials and due to changing building codes and governmental regulations and requirements COMMENTS ON SALES COMPARISON Addendum Page 3 of 10