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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 Months” column for “Total # of Comparable Active Listings,” the number should reflect the listings on the most recent date in the 3-month period (which is also the effective date of the appraisal), and not the cumulative number of listings for the entire 3-month time period. Then, when completing the “Months of Housing Supply,” the number for the “Total # of Comparable Active Listings” is divided by the absorption rate, which provides an accurate depiction of the existing housing stock as of the effective date of the appraisal. (Using a cumulative number of listings during the “Current – 3 Month” time period may result in an artificially high number for the “Months of Housing Supply.”) REASONABLE EXPOSURE TIME: A reasonable exposure time for the subject property developed independently from the stated marketing time is: In my opinion the reasonable exposure time linked to the value opinion is: 75 days. Gross living areas shown for the comparable sales are estimated based on information from the multiple listing service, county/city tax records or realtors. Slight variations in size will have no effect on the estimate of value. CONFIRMATION OF SALES AND TRANSACTION INFORMATION AND FINANCING CONCESSIONS: The below comparable sales were verified and the appraiser was able to ascertain that there were no significant, sales concessions, special financing or other special considerations. OAR 161-025-0060(5) The comparable sales analyzed in the appraisal report were confirmed by a party to the transaction. Comparable #1 Listing Broker, MLS, County Records Comparable #2 Listing Broker, MLS, County Records Comparable #3 Listing Broker, MLS, County Records The comparable sales data verified through Real Quest, county record services, the county assessor's web site, and the multiple listing service. Additionally the comparable sales in the appraisal report were not confirmed by a party to the transaction or an agent or representative of a party to the transaction. And this is due to lack of corroboration and availability in the normal course of business by the parties. Fannie Mae definition of market value requires concession be methodology is being used: whenever it is unknown if sales concessions are included in a comparable sale, any portion of the sale amount exceeding the MLS list price)or more) will be deducted; and/or when other indications reflect concessions might be included, an assumption is made regarding the possible amount and deducted in the concession grid line as a concession. Troy Fixsen, Registered Appraiser Assistant #AA03331, provided significant real estate appraisal assistance in the development and reporting of this appraisal as follows: _X___ Define appraisal problem _X___ Collection and selection of data __X__ Subject property analysis __X__ Estimate highest and best use ____ Estimate land/site value _X___ Estimate value of the property __X__ Reconcile value in each approach used to a final value estimate _X___ Report final value estimate HIGHEST AND BEST USE Addendum Page 7 of 10