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ADDENDUM
<br />Borrower:Paul E ZenchenkoFile No.:21146
<br />Property Address:3062 Seminole RdCase No.:48-48-6-0535831
<br />City:SilvertonState:ORZip:97381
<br />Lender:Alliance Capital Partners Corp/VA
<br />Support and Adjustment for Bedroom Count as follows for:
<br />Due to the lack of closed sales similar to the subject that have a 2 bedroom count above grade there
<br />is no market evidence to suggest a bedroom count adjustment is warrented for the closed sales for
<br />having 3 bedroom count above grade vs having a 2 bedroom count above grade. After all other
<br />adjustments had been applied to sale 3 the same indicated value showed no support for a bedroom
<br />count adjustment for sale 2 having a 4th bedroom in the basement.
<br />Support and Adjustment for Bath as follows for:
<br />Sale 2 and 3 lower indicated value showed no support for a bath adjustment for sale 1 having a 1/2
<br />bath in the basement vs having a full bath in the basement.
<br />Support and Adjustment for Central A/C as follows for:
<br />After all other adjustments had been applied to sale 3 the same indicated value showed no support for
<br />a central A/C adjustment for sale 2 lacking central A/C.
<br />Support and Adjustment for Garage as follows for:
<br />After all other adjustments had been applied to sale 3 the same indicated value showed no support for
<br />a garage adjustment for sale 2 lacking a 2 car garage.
<br />Marshall & Swift Residential Cost Handbook for SubjectGp Shop
<br />:. $ 25.25 per sqft X Regional
<br />and Local Multipliers of 1.09 and 1.05 = $28.90 per sqft X Subject: 6,268 sqft = $181,136 - 4% =
<br />$173,890 + 14% ceiling height adjustment = $198,235 X 30%= $59,470 rounded to $59,500 indicated
<br />value.
<br />Marshall & Swift Residential Cost Handbook for Sale 1Riding Arena
<br />:. $ 8.38 per sqft X
<br />Regional and Local Multipliers of 1.09 and 1.05 = $9.59 per sqft X Sale 1: 7,920 sqft = $75,960 - 4% =
<br />$72,921 + 14% ceiling height adjustment = $83,130 X 30% = $24,939 rounded to $25,000 indicated
<br />value.
<br />Marshall & Swift Residential Cost Handbook for Sale 1Lean-To
<br />:. $ 8.38 per sqft X Regional and
<br />Local Multipliers of 1.09 and 1.05 = $9.59 per sqft X Sale 1: 2,880 sqft = $27,621 - 4% = $26,516 X
<br />30% = $7,955 rounded to $8,000 indicated value.
<br />Marshall & Swift Residential Cost Handbook for Sale 13 Stalls
<br />:. $ 2030 per stall X Regional and
<br />Local Multipliers of 1.09 and 1.05 = $2,323 per stall X 3: = $6,970 - 4% = $6,691 X 30% = $2,007
<br />rounded to $2,000 indicated value.
<br />Marshall & Swift Residential Cost Handbook for Sale 1Gp Shop
<br />:. $ 25.25 per sqft X Regional
<br />and Local Multipliers of 1.09 and 1.05 = $28.90 per sqft X Sale 1: 1,748 sqft = $50,514 - 4% =
<br />$48,494 + 14% ceiling height adjustment = $55,283 X 30%= $16,585 rounded to $16,600 indicated
<br />value.
<br />Subject: $59,500 - Sale 1: $16,600 = $42,900 GP Shop Adjustment.
<br />Marshall & Swift Residential Cost Handbook for Sale 2Gp Shop
<br />:. $ 25.25 per sqft X Regional
<br />and Local Multipliers of 1.09 and 1.05 = $28.90 per sqft X Sale 2: 3,240 sqft = $93,631 - 4% =
<br />$89,886 + 14% ceiling height adjustment = $102,470 X 30%= $30,741 rounded to $30,700 indicated
<br />value.
<br />Subject: $59,500 - Sale 2: $30,700 = $28,800 GP Shop Adjustment.
<br />Marshall & Swift Residential Cost Handbook for Sale 3Gp Shop
<br />:. $ 25.25 per sqft X Regional
<br />and Local Multipliers of 1.09 and 1.05 = $28.90 per sqft X Sale 3: 2,400 sqft = $69,356 - 4% =
<br />$66,582 + 14% ceiling height adjustment = $75,903,470 X 30%= $22,771 rounded to $22,800
<br />indicated value.
<br />Subject: $59,500 - Sale 3: $22,800 = $36,700 GP Shop Adjustment.
<br />Addendum Page 5 of 10
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