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Home My WebLink AboutBack-Up - AppraisalLAND APPRAISAL REPORT Fain File No. 1851731 Page #1I #A-07-15-012 File No. 185173 Borrower City Of Miami Census Tract 0064.02 Map Reference 54-41-10 Property Address 1197 SW 1918 Avenue „ City Miami County Miarni-Dade State FL Zip Code 33135 i.e Legal Description Lot 12 BLK 2 SOUTH SHENANDOAH PB 11-64 Sale Pr ce $ N/A Date al Sale N/A Loan Ten N/A yrs. Property Rights Appraised Z Fee Li Leasehold L. 1 De Minimis PUD Actual Real Estate Taxes $ 1,883.63 (yr) Loan charges to be paid by seller $ N/A Other saes concessions N/A Lenden City Of Miami/ Jacqueline Lorenzo Address 444 SW 2nd Avenue, 3rd Floor Maxmr, Florida 33130 Occupant Vacant Land Appraiser E. Jorge Santin Instructions to Appraiser Determine market value. Folio 01-4110-064-0172 *Owner of Record;Federal National Mortgage Association **On 05/29/2015, the property transfered Location Z Urban Li Suburban El Rural Built Up Z Over 75% El 25% to 75 El Under 25% Growth Rate Z Fully Dev. LI Rapid 0 Steady f--4 Slow Property Values Z Increasing Z Stable LI Declining Demand/Supply El Shortage Z In Balance LI Oversupply Marketing Time Li Under 3 Mos. .6. 4-6 Mos. 0 Over 6 Mos. Present Land Use 45%1 Family 40% 2-4 Family 5% Apts. i% Condo 8% Commercial % Industrial /Ms Vacant Ms Good Avg. Fair Poor Employment Stability Z Z hi El Convenience to Employment Z LI1 Z EJ Convenience to Shopping Z Z Ed Ell Convenience to Schools Z Ei fil Li] Adequacy of Public Transportation Z El Li II Recreational Facilities El X El 0 Adequacy of Utilities Z El LI II Change in Present Land Use Z Not Likely 14 Likely (*) EI Taking Place () (") From To Property Compatibility 0 Z 0 El Protection from Detrimental Conditions El Z E E] Predominant Occupancy Z Owner Z Tenant 0 % Vacant Police and Fire Protection LI Z E El Single Family Price Range $ 150 000 to $ 750,000 Predominant Value $ 295,000 General Appearance of Properties ttl] sZ r] E Single Family Age New yrs. to 91 yrs. Predominant Age 60 yrs. Appeal to Market Z El Ed E Comments including those factors, favorable or unfavorable, affecting marketability (e.g. public parks, schools, view, nose): The property is located in the Shenandoah neighborhood in an established area of the city of Miami just west of downtown. The neighborhood has good appeal because of its proxirnity o Coral Gables amenities, Coral Way and 10 downtown Miami. I is composed of a mix of ostly single-family homes and 2-4 family uses. Coral Way leads east and northeast to downtown Miami and the Brickell financial district and west onto Coral Gables. Dimensions 57 x 118 - 6,726 Sq. Ft. or Acres Z Comer Lot Zoning classification T3-R ,Sub Urban Transect Zone (Restricted) Present Improvements LI do Z do not conform to zoning regulations Highest and best use LI Present use IX Other (specify) Construction of a two-family or single family residence -Zoning restricted to Residential Public Other (Describe) OFF SITE IMPROVEMENTS Topo At Street Level Elec. Z Street Access Z Public LA Private Size Average Gas E Surface Asphalt Shape Rectangular Water Z Maintenance Z Public L..] Private View Other Homes/Two-family Residences San. Sewer Z Storm Sewer Z Curb/Gutter Drainage Adequate Eli Underground Elect. & Tel EI Sidewalk E Street Lights Is the property located in a HUD Identified Special Flood Hazard Area? Z Na El Yes Comments (favorable or unfavorable including any apparent adverse easements, encroachments, or other adverse conditions). No adverse easements of encroachments observed. Typical corner lot for neighborhood. There are no known adverse environmental conditions or adverse easements. The Flood Zone is X. 208 C-0 1 L. 09-11-2009 ** via a certificate of title as rocordod on plat book 29662 page 2591 on pubt,o records of Miami -Dade County, Florida for $150,600. The tinders g ned has recited three recent sales of propel es most similar and proximate to subject and has considered these in the market analysis, The description Includes a dollar adjustment reflecting market reaction to those Items of significant variation between the subject and comparable properties, If a significant item in the comparable property is superior o or mere favorable than the subject property, a minus (-) adjustment is made thus reducing the indicated value of subject; if a significant item in the comparable is Inferior to or less favorable than the subject property, a plus (+) adjustment is made thus increasing the indicated value of the subject. ITEM I SUBJECT PROPERTY COMPARABLE NO. 1 COMPARABLE NO. 2 COMPARABLE NO. Address 1197 SW 19th Avenue Miami, FL 33135 1176 SW 22nd Terrace Miami, FL 33135 1322 SW 11th Stree Miami, FL 33135 1938 SW 22nd Ter Miami, FL 33145 Proximity to Subject0.27 miles W 0.58 miles E 0.84 miles S rice ale Pre N/A 30,000 5,000 315,000 Price SF 56.41 40.38 2 35.90 = Data 500rce Warranty Deed ,MDP Warranty Deed / MLS, MDPA Warren y Deed / MLS, MDPA Warranty Deed / MLS, MDPA k Dale of Sale and Time Adjustment DESCRIPTION DESCRIPTION + (- )S Adusi. DESCRIPTION (- )$ Adjust DESCRIPTION (- )$ Adjust. N/A 04/16/2014-Clsd 04/16/2015-Clsd 03/03/2015-Clsd Location Urban Urban Urban Urban Site/View 6,726 SF 5.850 SF 7,800 SF 8,775 SF Improvements None Vacant1,012 SF House Vacant Vacant Bldg Townhouse Zoning T -R T3-0 T3-0 T -R LP 5379,999 P $358,000 Sales or Financing Concessions N/A DOM 26 Cash Cash DOM 10 Cash Net Adj. (Total) I- F - II Fl PI -'$ Indicated Value of Subject 330.000 ' 315,000 315,000 Comments on Market Data: The four comparables used are the most recent and best available sales of buildable lots from the subject's general market area with similar zoning. All sales are located in similar zoning as st bject. Consideration was given to all sales but most weight 10 sale 2 & 3 in subect's neighborhood. Sales 1 & 4 are located in tlre "Roads" neighborhood in the city of Miami which is considered superior. Comments and Conditions of Appraisal: See attached addenda. Final Reconciliation: The sales comparison approach has been give so e consideration toward the final estimate of value. The above sales sw, gest a range of approximatelly $35.90-$56.41 per Srare fo)181he598'e00917Th10n001 value falling within the higher end of range. Land value was concluded or subject property based op 04,Qjeyguare feet or $305,000. ESTIMATE THE MARKET VALUE, BS OEFINED,OF SUBJECT PlOP OF 8/17 20 15 to be $ 305,000 i 1 E. Jorge Santin i Chavoustie, MAI M Did E] Did Not Physically Inspect Properly Appraiser(s) Review Apprauer (if applicable) )Y2K] Appraisal First (305) 470-2100 Form LND iNVinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE LAND APPRAISAL REPORT MARKET DATA ANALYSIS Main File No. 185173111-2 #A-07-15-012 File No. 185173 ITEM I SUBJECT PROPERTY COMPARABLE NO. 4 CO PARABLE NO. 5 COMPARABLE NO. 6 Address 1197 SW 19th Avenue Miami, FL 33135 1823 SW 2nd Ct Miami, FL 33129 Proximity to SubjectSubect 1.62 miles E Sales Price N/A 60 000 Price 48.00 Data Source Warranty Deed MDP Warranty Deed / MLS MDPA Dalo of sale and DESCRIPTION DESCRIPTION (-1$ Adjust. DESCRIPTION +(-)5 Adjust. DESCRIPTION +(-) Adjust. Time Adjustment N/A /24/2014-Clsd Location Urban Urban Site/View 6 726 SF 7 500 SF Rnpnoverrents None Vacant Vacant Zoning T -R T -R LP $375,000 Sales or Financing Concessions N/A DOM 12 Cash Net Ad. (Total) 11 + 1-1 - , 1-1 Fl 1 1 - ,$ Indicated Value et Subjgct 60,000 $ Comments: Comparable sale 4 is a located in a neighborhood in higher demand, Form LND.(AC) —11NinTOTAM appraisal software, by a la mode, inc. -800-ALAMODE Main File No. 185173 File No. 185173 Supplemental Addendum Borrower/Clienl City Of Mlatni Properly Address 1197 SW 19th Avenue City Miami G000ly Miami -Dade Slale FL Zip Code 135 Lender City Of Miami/ Jacqueline Lorenzo • Land : Conditions of Appraisal USE OF THE APPRAISAL This appraisal report is to be used by the client for internal purposes as it relates to a buying decision. The appraisal reports are for the sole use of the listed client, or its assigns. "Readdressing an appraisal report to another party that was completed and delivered to a client is prohibited by USPAP. Once the assignment is completed, it is misleading to try to add a new party as client or intended user who was not the original client or identified intended user.- Any requests for updating or re -certification would constitute a new assignment at an additional fee. INTENDED USER OF THE APPRAISAL The intended user of this report is The City of Miami. PURPOSE OF THE APPRAISAL The purpose of the report is to estimate the Market Value of the subject property. DEFINITION OF MARKET VALUE Market Value is the most probable selling price in terms of money which a property should bring in a competitive and open market under all conditions requisite to be fair sale, the buyer and seller, each acting prudently, knowledgeably, and assuming the price is not affected by undue stimulus. implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby: 1. Buyer and seller are typically motivated; 2. Both parties are well informed or well advised, and each acting in what they consider their own best interests; 3. A reasonable time is allowed for exposure in the open market; 4. Payment is made in cash in U.S. dollars or in terms of financial arrangements comparable thereto; and 5. The price represents a normal consideration for the property sold unaffected by special financing or creative financing or sales concessions granted by anyone associated with the sale. Source: The Interagency Appraisal and Evaluation Guidelines, Federal Register, Volume 75, No. 237, December 10, 2010. Marketing Titne: An opinion of the amount of time it might take to sell a real or personal property interest at the concluded market value level during the period immediately after the effective date of an appraisal. Marketing time differs from exposure time, which is always presumed to precede the effective date of an appraisal. Source: Appraisal Institute, The Dictionary of Real Estate Appraisal, 5th edition (Chicago: Appraisal institute), 2010. The marketing time for land for redevelopment in the city of Miami can be a short as 1 month and typically less than four months. The local market is active with investors showing a willingness to purchase. The supply of redevelopment sites for sale are limited. Most properties are sold word of mouth and not actively listed. When properly marketed at an asking price no more than 10% over the estimated market value, the marketing and exposure time of the subject should be less than three to four months. Form TADD ---'WinTOTAL" appraisal software by a la mode, Inc. — 1-800-ALAMODE gain File No. 1851731 jla_gli Subject Photo Page Borrower/Client City Of Mlatni Properly Address 1197 SW 19th Avenue City Miami County Miami -Dade Stale FL Zip bode 33135 Lender City Of Miami/ Jacqueline Lorenzo ,IIII111011111,11111111i1"11 gd„ liV4/070741040,iprz4441 Subject Front 1197 SW 19th Avenue Sales Price N/A G.L.A. Tot. Rooms Tot, Bedrms. Tot. Bathrms. Location Urban View 6, 726 SF Site Duality Age Subject Street Form SUBLG2 i'VVinTOTALli appraisal software by a la mode, Inc. —1-800-ALAMODE Subject Land Photo Page 1Main File No. 1851731 Pane #51 Borro or/Client City Of Miami Proporty Address 1197 SW 19th Avenue City Miami County Miami -Dade Stale FL Zip Code 3 135 Lender City Of Miami/ Jacqueline Lorenzo Subject Front 1197 SW 19th Avenue Sales Price N/A Date ol Sale N/A Location Urban Site/View 6,726 SF Improvements None Vacant Zoning T3-R 111111110111101111hiovoriiiiii 111111111 12.1171,11,10001RIfr Subject Rear Subject Street Form DMSLND — 'WinTOTAL" appraisal software by a la mode, inc. —1-800-ALAMODE Main File No. Comparable Land Photo Page Borrower/Cli nt City Of Mlami Property Address 1197 SW l9th Avenue Sty Miami Co in y Miami -Dade State FL Zip Code 33135 Lender City Of Miami/ Jacqueline Lorenzo !FOV A f0oitt ?,1,h montolottijr 11111111111111,tattft itta „ vkiii/1 dy"A ,7feNt411WattfaVflif ,t 4,,,/,/21,4,1010:/1/ //q,Ae,//0",/e/ozopiti41,664t, offtiket/ WOW geme; *Age, WyrT4w 4,4KOKtViAtAMMAMV<;,,,/ kOlo* Comparable 1 1176 SW 22nd Terrace Prox. to Subj. Sales Price Date of Sale Location Site/View Improvements Zoning Comparable 2 1322 SW 11 Street Prox. to Subject Sales Price Date of Sale Location Site/Vew Improvements Zoning Comparable 3 1938 SW 22nd Terrace Prox. to Subject Sales Price Date of Sale Location Site/View Improvements Zoning Form DM%LND —'WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE NLIa.J, No. 1851731 Paue #71 Comparable Land Photo Page Borrower/C lien 1 City Of Mlami Property Address 1197 SW 19th Avenue City Miami County Miami -Dade Stale FL Zip Code 33135 Lender City Of Miami/Jacqueline Lorenzo , tA ?A it 14? ?ttAA ?A'AA14‘AkIpA `1 'P)1.611ktti %1'?; I IV? uth '111141 140 ILvAdk, Comparable 4 1823 SW 2nd Ct Prox. lo Subj. 1.62 miles E Sales Price 360,000 Date of Sale Location Sitc/Vicw Improvements Zoning 11/24/2014-Clad Urban 7,500 SF Vacant T3-R LP $375,000 Comparable 5 Prox. to Subject Sales Price Dale of Sale Location Site/View Improvements Zoning Comparable 6 Prox. lo Subject Sales Price Date oiSale Location Site/View Improvements Zoning Form DM%LND — VinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE [fin File No.1851731 Page #81 Comparable Properties Map Borrower/Client City Of Miami PropelyAddress 1197 SW 9th Avenue City Miami County Miami -Dade State FL Zip Code 3 / 5 Lender City Of Miami/Jacqueline Lorenzo a la rnode, in see 55 PTH 2::Rd 11/11 11/1 N 2 0 / St 11:7/1 1,,wv //g5 4 5 NW 17th 14 I.,. > '414 ...., . 11/1 111003 NW 14th Nerd mamap "aa /5 • , r7„, 139 “.1 01 Hao 3433 St Lu,s 'W.ay NW NW 4231 Sk 33trrn, ;3 3th 5 3991,./15 , 10*103 5- t„. 452 5 Comi Way 132333 072 12 ',/e, 5i2 e,d1', e' • '5 //56 Ay•ft ';',,,,?:; tA: ...4. n- 5, 2 Per, SVV 1.si. • 1'11,(,i'0011.1:111.' • SW 155 St. ,.,4444/4-,••••, 4 9399*990 1111111111 111,, ••••//ist15: 01/15e, • v — 992 'Q.th 4:1 , 10. 95 NW 2544 141 ;43 4) 43 514':i2rid 44.74a 02"...3601 10A, 64h M33 15 11111UlalllUkill11:111111111f i'11.1.1711i111l11"111111111114i f Or S,Aq 145/1/11lee 15'5555 tee: 5355e.5.75" 995//99 / . ./ • 0..g Odes' Form MAP.LOC 'WinTOTAL'' appraisal software by a la mode, inc. — 1-800-ALAMODE Main Ho No 185173 Pa c Flood Map Borrower/Client City Of Mlarni Property Address 1197 SW 19th Avenue City Miami County Miami -Dade State FL hip Code 33135 Lender City Of Miami/Jacqueline Lorerrzo Prepeaed Aprtrais21 First 1197 SW 19th Avenue Fl. 33135 7.,LES,AZ ote,i e CO ow, tr, FEMA Special r 19 co Hazr:rci ArenNo 1`.1a p fflumbor, 12086C0313L Zwe: X Mop DrrP. September 11, 2009 F1P.5.- 12086 Arer3q, inundated by 5.90-yEzr floodely 0$ emulated by 100,ypr flooding Velomly HOZUK{ Form MAP.FLOOD —ttAhriTOTAL" appraisal software by a la mode, Inc —1-800-ALAMODE USPAP ADDENDUM Plain File No. 1851731 Page #101 #A-07-15-012 File No. 165173 Borrower City Of Miami Property Address 1197 SW 19th Avenue City Miami Lender City Of Miami/ Jacqueline Lorenzo iami-Dade State FL Zip Code 33135 This report was prepared under the following USPAP reporting option: Z Appraisal Report This report was prepared in accordance with USPAP Standards Rule 2-2(a). E Restricted Appraisal Report This report was prepared in accordance with USPAP Standards Rule 2-2(b), Reasonable Exposure Time My opinion of a reasonable exposure time for the subject property at the market value slated in this report is: 6-12 months Additional Certifications I certify that, to the best of my knowledge and belief: V] I have NOT performed services, as an appraiser or in any other capacity, regarding the property that is the subject of this report within the three-year period immediately preceding acceptance of this assignment, fl I HAVE performed services, as an appraiser or in another capacity, regarding the property that is the subject of this report within the three-year period immediately preceding acceptance of this assignment. Those services are described in the comments below. — The statements of fact contained in this report are true and correct. — The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions and are my personal, impartial, and unbiased professional analyses, opinions, and conclusions. — Unless otherwise indicated, I have no present or prospective interest in the property that is the subject of this report and no personal interest with respect to the parties involved. — I have no bias with respect to the property that is the subject ot this report or the parties involved with this assignment. — My engagement in this assignment was not contingent upon developing or reporting predetermined results. — My compensation for completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value opinion, the attainment of a stipulated result, or the occurrence of a subsequent event directly related to the intended use of this appraisal. — My analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice that were in effect al the time this report was prepared. — Unless otherwise indicated, I have made a personal inspection of the property that is the subject of this report. — Unless otherwise indicated, no one provided significant real property appraisal assistance to the person(s) signing this certification (if there are exceptions, the name of each individual providing significant real property appraisal assistance is stated elsewhere in this report). Additional Comments The appraisal report intended for the exclusive use of the client towards determine market value for internal purposes, and not intended for any other use. AnnaMaria Chavoustie has completed the continuing education requirements of the Appraisal Institute. We currently hold the appropriate state certification for the State of Florida.. APPRAISER: e.x Signatrire: C Name: E. Jorge Santin Date Signed: August 19, 2015 Slate Certilication #: Cert Gen RZ 3274 or Stale License #: State: FL Expiration Date of Cedification or License: 11/30/2016 Effective Date of Appraisal: 8/17 SUPERVISORY/AP Signature: ER: (only if required) Name: AnnaM..rw uv ustie, MAI Dale Signed: August 19, 2015 State Certification #: Cert Gen. RZ 323 or State License #: State: FI Expiration Dale of Certification or License: 11 /30/2016 Supervisory Appraiser Inspection of Subject Properly: H Did Not [1] Exterior -only from Street Li Interior and Exterior Form ID14AP — VinTOTAL" appraisal software by a la mode, inc. —1-800-ALAMODE Nain File No. ADDENDA - Page 1 851731 Paye 11 7/212015 City ofKinni REVISE!) !KT:QUEST FOR APPRAISAL 0 LOTE You are invited to submit a. quote to prepare', an appraisal report based on the Appraisal Assignment attached herewith as Exhibit "A", Please complete the informption requested at the bottom of this pae. The, quote and below information must be received by the Department li4osl Estate and Asset Mamwement. ho 3:00o:m., Tuesday, July 7, 2015. You may submit your proposal via email or by mail to; Jacqueline 1:„,orcrizn Project Manaaemerit Representative Department of Real. Estate, and As;,,e1. Management City of Ilytiami 444 SW 2 Avenues, 3'6 Floor 31 FL 33130 005) 416-1423 ihrgiVgiraiOnd ADDRESS 1197 SW 19th AVCT11,10 FOLIO 01-4110-064-0172. JOB No, A-07-15-012 Fees: Comprehensive total fee to per Corm appraisalLs: Hourly fee in the event expert testimony is required', Format to be used: (Select. one) D Uniform Residential Appraisal Report FUTITS D Narrativct Surrunary Appraisal Repoli Appraisal Firs!. Appraisal Compaily: Teleplione/Fx tension; Bv: Anna Chavoustie Da, 7-1-15 s 350.00 S Delivery 7-16-15 NOTE: When sending a quote, your company must comply with the completion doe date, If selected, your company must provide a Certificate of Insurance in the manner prescribed in Exhibit "C" below. Page 1 of 5 Form SCNLGL —'WinTOTAL'' appraisal software by a la mode, inc. —1-800-ALAMODE IMain File No. 1851731 Pape #12I ADDENDA - Page 2 7/2/2015 City ofMiarni EXHIBIT "A" APPRAISAL ASSIGNMENT Job Number: A-0.7-1.50Q12 Category of 'Work:. Fiscal -Year: 2014-15 Location: 11.97 SW 1.9th..Avenue Fotin No, 0) 411 0-064-0 172 Lot Size: Approximately 6,726 SF Adjusted Area: 0 SF Improverntats: None Purpose. of Appraith lo determine fair Market Value at -Highest eidUt Use, in order to negotiate purPhase priee For possible property acquisition, Property R ig,hts Appraised: Fee Simple (0urrem Zoning: 1-3-42 Sub -Urban Transect Zone (under Miami 2) Zoning Code). Type of Appraisal-. Summary Appraisal R.cport. (Either Narrative Pr USPAP-compliant Uniform Residential Appraisal Report are. acceptable) Time to Cornple(e: The e ppraiStil reportnius be completed no later than fifteep (15) days after authorization. Number of boundpies: .Four„ (aigned and certified), City Contact Persom Jacqueline Lorenzo, Property Management Specialist T: (305) 416-1.426 RcsclLion Reference: None. Date of th(.:: Valuation; Date of the appraisal reTort. Fee: Full payment upon completion of the assignment, subject to revisions by the City of Miami and any other review appraiser should there be any discrepancie,,,' in the appraisal. reports. Page 2 of 5 Form SCOLGL — ''VVinTOTAL' appraisal software by a la mode inc. --1-800-ALAMODE MDfri No. 1851731 Pa e #131 ADDENDA - Page 3 7/2/203 5 City of Miami THE APPRAISAL REPORT ,LJOE THE FOLLOWNG: 1. The appraisal report shall be performed hi compliance with the professional serviees agreement with the City for appraisal services as applicable. The apnraiSal report must consider all three approaches to value and provide an explanation to the weight given to each approach in arriving at the final reconciliation of value, in the event an. approach is not used, please provide justification, Please provide evidence for not using the Cost Approa ch. caleulitting the Market Data, .the appraiser should analyze and provide current local market dataand submit adjustment tables of comparables. 4, If utilixiirtg a Land Sales Gi.»nparable 'fable to calculate Sales Price per Square Foot, please provide- line item adjust:merits in a matrix format for 1.1berier understanding of the SUrrirnary and Land Value (ion -elution conclusion. 5, Provide source and proof of -capitalization rate tier the income approach to value in local market versus other market when applicable, 6. Provide Market IJata as if taxable. property. 7. 'fbe apprail;a1 report should he :in compliance with the current Uniform Standard of Professional Appraisal Practice (USPAP) according to Section 475, Part 11, of the Florida Statutes, The City of 'Miami reserves the right to review the, appraisal report and submit its comments. The final report will he dur five days oder the appraisal is reviewed by City's staff Note: All calculations 111115t be explicit, Show all steps used to arrive at any conclusions provided. All data in this sheet rni [sr be verified by the appraiser, if arty discrepancy, please call this office at 305-416-1426. Page 3 of 5 Form SCNLGL—'WinTOTAL'' appraisal sotlware by a la mode, inc. — 1-800-ALAMODE Main File No.1851731 Foe #14I ADDENDA - Page 4 7/2/2015 City iDi'Miarni EMI] for "II" INSURANCE RE()1.1112 EMENTS (I) Commercial General Liability (Primary & Nou Contributory) A. Limits of Liability Bodily Injury and Property Damage Liability Each Occurrence SI ,000,000 General Aggregate Limit S2,000,000 Products/Completed Operations S1,000,000 Personal and Advertising 'limy SI „000,000 3. Endorsolents14isipirpd. City of Mlani] included as an additional insured Contingent Liability (Independent (2ontcactors Coverage) Contractual Liability Premises 0 Operations Liability Primary Insurance Clouse (II) Business Automobile hirthility A. Limits of Tujitry and 'Properly Dinnage Combined Single Limit Any Auto/Domed Ai/Scheduled Including I tired, Borrowed or Non -Owned Autos Any One Accident $ 1,000,1)1)0 0. En.dorsements Rewired City of .Miami included as an Additional Insured (111) Worker's Compensation A. 'Limits oft „labitli. Statutory -Slate of Florida Waiver or subrogation (IV) Employer's Liability A. Linitaofliabil.ity, 00,000 for bodily injury caused by an accident, each accident, $100,000 for bodily injury caused by disease, each employee $.5 00,000 for bodily injury caused by disease, policy limb (V) :Professional Liability/Error's & Omissions A. I.Imits of Liability Combined Single Limit Each Claim General Aggregate Limit Retro Date Included SI ,000,000 51,000,000 Page 4 of 5 Form SCNLGL — MinTOTAL" spot sal software by a la mode, Inc 1-800-ALAMODE ADDENDA - Page 5 'Main File No. 1651731 Pacie #15,1 7/2/2015 City of Miami BINDERS ARE UNACCEPTA B LE. The above policies shall provide the City of.Miarni with written notice of cancellation or material change from the insurer in accordance to policy provisions. Companies authorized to do business in the State of Florida, with the fol,lowing qualifications, shall issue rifi insurance policies required above, and must meet the ibllowing, requirementS: The crympany must berated no TOSS than "A-" as to management, and no less than "Class V" aS to Firianeial Strength, by the, latest edition of Best's Insurance Guide, published by A.M., Best Company, Oldwick, New Jersey, or its equivalent. All policies rind /or certificates of insurance are subject 'to review and verification by INisk Management prior to insurance approval. Certificates will indicate no modi,rrea non or change in insurance shall he made without thirty (30) days written advance notice to the cortificaie holder. The Bidder shall be responsiblefor assuring that the insurance certificates required in conjunction with thi Section remain in force for the durationofthe contractual period; includins. any and all option tortm that rnay he granted to the Bidder. In the event that expired certificates are not replaced witin new or renewed certificates which cover the contractual period, the City shall have the option lo; (1) Suspend the contract until such time. as the new or renewed certificates are received by Go City in the 1114171elf prescribed in the Request for Appraisals Quote; or (2) Tile City may., at its sols discretion, terminate this contract for canoe and seek 're -procurement damages from the Bidder in conjunction with the euen1 and Special Terms arid ConditiOill; of the Bid. The insurance coverage required shall 'includethose classifications, as listed in xtandard liability insurance manuals, which most nearly reflect the operationS of the bidder, Compliance with the foregoing requirements shall not relieve the bidder of his liability and obligation under this seetion or under imy other section of this Agreement. Page 5 of 5 Form SCNLGL —'VVinTOTAL" appraisal software by a la mode, inc. —1-800-ALAMODE ADDENDA - Page 6 Vain File No, 1851731 Pace #151 y Search. Application - Miami -Dade County Summary Report Prope ty krtfor nation I- !if 0 t-4110-M4-0172 Prcaper1y Address: 1197 S` 15 y'.VF_ FEDERAL NATIONAL 3UtORTl3AGE Owoor ASSN C,fC E1NAtdClAt, FP,F:GDOM Nla;ling Address—....._....._.._..____...V....._ 2900 E''SPEF/A/JZA CROSSING _m AUSTIN , TX 75709 Primary Zone 01C10 StMOLE FAMILY - GENERAL 0091 VACANT RESIDENTIAL F�rirnary Land Use VACANT LAND Oeds/Baths! Half 0/0/0 rleorx 0 .Living Units 0 A Area 0 Sy,F1 Living Area 0 Sq.Ft �..�.._._..._. AdJustTt 1 Area 0 S9.F1 Lot Size 6,726 Sq.Ft Yoar Built 0 Assessment Information Year �.. 2015 2014 2L13 Land Valua $ 41,23r� __._._.$05800 $56,365 Bulldiny Value 60 $0 $0 XF Value 50 rv0 $0 Market Value $141,23a $4.'S,Bt)0 $55,585 Assessed Value 55:9,544 357.62E $ri3,38S !Won on hlar Cap /401e: Not all it are applicable to all Taxle Values (i.e. County, vahaalF3aar ,City, Reglanal). art L.tlgal Et yscriptlon G5441 SOUTH SFIENANDOAH P6 11-64 LO'r12.BLK2 LOT SIZE 57.000 X 118 Generated On 8/16121315 T5xab/e Value Information 20151 2014 2013 County Exc, nptlon Value 50 $01 S0 Taxable Valua $63,389 $57,6261 S52,3S8 tithooi B and Exernp1Vn Value $0 $Ti 60 Taxable Value $i41,2$6 $95,000 City Exemption 4`elue Sfl .50 00 2001,6de Vu/uo Regional 5'uenlrrti=.,err Vahse $63 38£ 90 $57,826 652.;F68 50 00 i 7tatale Value 562,3f36 $57,6220 tes Information OR Pdoo Page Oue.lff/calian L"+oocriptier r,r.t ru cortf•E/r 1iv xell , 0 and updating tess lox [ua, 7hiweb., TSr, PropeC/ Appro/orr and Ka. C•:rnty 000ur tc .uelrtksElity, <1t,P.rils4edmer and 1150E Ag1een(ant 0/ etteikeere.rnlairr1ttd) Vorolun, lutp:!/w' w.u'Iola.idade-eov°/propert<'search/ 8/18/201 Farm SCNLGL--'WinTOTAL" appraisal soflware by a la mode, inc.—1-800-ALAMODE Main File No.18517 ADDENDA - Page 7 Propetz Seal oh Application - Miami -Dade Coun1y a 0 r Property Information Foil o: 01-4110-05.4.0172 Proporty Address: 1197 SlAt 19 AVE Page 3 of 5 Generated On 8/1F/2015 Roll Year 2014 Land, Building and Extra -Feature Details and Infarntion Laud Use Mord Zone GENERAL T3 R Building Information PA Zone Unit "Typo dolts 0107 Front Ft 57 00 Ca lc Value 51.11236 Building Number Sub Aroo Year Bielt Actual So F1.1 Living 5q,Ft, Adj Sq.Ft. Cale Value Extra Features Description Year DJ% Units Caio Value The Office of the Property Appraser is oartMuar, y edtrg and updailop the tax tois wobsito may roPect the most curreM inforrno5on rc,00rd. The Property Apordispr 0:11d MiarTii-Dade County aseMMIS no fiat:8,4, see fail disolairner and nn 0htivfiwArw.rniamidade..gov/hfaidiscl:aimer,esp Version: http://www.rnia midade .gov/propertysearc hi 8/1 f,V.-2 1. 5 Form SC,NLOL — lWinTOTAM appraisal software by a la mode, inc. —1-800-ALAMODE MijriF/eNc.185175LEje #1a1 ADDENDA - Page 8 Prope:rty Search Application - Miarni-Dade Couray Property Information FoJo 01-411D-C64-0172 Property Address: 1197 SW 15 AVE' Full Legal Ooscrlptio0 Page 5 of 5 Generated Os B11E112015 10 54 41 SOUTH SHENANDOAH PEI 11-64 LOT 12 BLK 2 LOT SIZE 57,000 X 116 $a es Information Previuus Sale Price taR tdchrthdrrathe 2g662-259 Qualification Dethrrriptiurt Financrat inst or In Lieu ris Forclosure" staled The Wks of the Propurty Apprdishar 81dartrinusily editing and updating the ti:.KK roll This websits run not rsitsct Set tuout cut itlformatee or, record Pnoporly Appraiser Ind Miami -Dade County sssurees nu tiatihty, u=e fur disdaireter and Ow Agreement at Wig:Wm, mist-11080u ordirtiorSisd.talmer asp VBrsium hap:// \:‘,,,t,w:Iniamiciade.gov/prop rse 8/18/2015 Form SCNLGL — 'WinTOTAL" appraisal software by a la mode, inc. 1-800-ALAMODE [Main File No, 1851731 Paw t/-191 ADDENDA - Page 9 2014 roll details - Real Estate AcQount al 1197 SW 19 AVE, Miami, FL 33 I25-51.49 -Ta.. Pagel of 2 mia Tax Collector Home Search Reports Shopping Cart Please do not include any 4440044cheraolers in the name, address, and e4r1aH field such as #, hyphens, comma, clashes 'We have moved, Our new address is, 289 NW Znd Ave, Miami, FL 33128 The information contained herein does not consMute a title aaareh or property ownership, 201.5 2nd Ouartor Tar, Ms arePnrynble nn September 1, 2015. RALSCAPOMOBrift. 1,4141tP.AAMPISSZOA„ Real Estate Account #01-4110-064-0172 F Parcel details Latost, bill tt L'All 2014 2013 2012 2011 PAID PAM PAID PAID• Owner, FEDERAL NATIONAL MORTGAGE ASSN 2900 ESPERANZA, CROSSING AUSTiN, TX 78708 and 1 other &Ws, 1197 SW i 9 AVE Miami, EL 331005140 Account number: Millage code, Pillage rata,, Assessed value: School lassethseci 2014 annual 611 Ad valorem: Non -ad v6icreri: Total Discountable: No Discount NAVA, Total tax: 01-4110-064-0172 0100- MIAMI 22 67E60 57426 95,800 -7 corrected r view Losa] destriplion $l 611 28 $0 00 161128 0,00 AktkItoslAn Other owners, C/0 Fl 10 54 0M, 7. y'r , IAL FREEDOM Location 1 2003 PAM hitp.s....//www.miaraidade,eautity-ttlxes,ccurl/publiciroal cs0a1e/pa0ecls.4141.1006401/72 Property Appraiser Range' 41 C, Township: 545 Section: 10 Block: 72 Use code: 0081 Total acres: 0,000 8/18/2015 Form SCNLGL — tWinTOTAL1 appraisal software by a la mode, inc. — 1-800-ALAMODE ADDENDA - Page 10 IMain File No.1851731 Page #201 Corrected Paid By Fl ii.IANCIAL FREEDOM, County, Floridii Notice of Ad Valore EVERSE paid 06/1E/2015 ago XitAhate publuser CB/18/2015 iTAXE4t.E-15-000900 $1,803,63 Tax and Non -Ad Valorem Assessments DE FOR MPORTANT INFORMATION F0t, 0 00M8E0 5 I 1540N1t1P4t,ity tot)t as -4110-OG4-0172 0100 FEDERAL. NATIONAIx MORTGAGE ASSN 2/07 ESPEW,NIZA CROSSING AUSTIN, TX 78708 5r44.-444410a,,, [X4r7114410P4: 1197 SW 1.9 AVE gragesouggigospoP"":05# Oar Dadh 55047o1 Board Schoul Board Operating Sohoul Board Debt Service Und °into Florida Inland Navigation Dial South Florida Water Mgmt Dist Cikeechobee Basin Everglades Construchon Proi Childrens iiruxi. Authority Miami -Dade Countyi, County Aide Opeiating, County Wido Debt Seiviiiik, Library Diatrint 74,1,85 19.06 9.09 9.8,3 3.1C 28 81 298.93 2E93 17,37 'ILPREIO:TAXEs,',5'5'!,,hIlIN Combined Taxosi and Assasstriont$ S.t,611,28 111110.01"01MlfiPtliOlt)1111111! • Tax Due 1911.28 Auution Fee. 15.00 Advar.itisumerit Fee 5.00 Tax Cali., Comm, 84,19 LAill.nquenny tratanat, 72,51 Cert. REaemplioil Fun 925 Curt. Interest 8940 cemiiihata hunted; 'Jane 1, 2015 Face 1.787.98 Curt 44495 if Roceived By Rate, 0.25% Bidder #27 Please Pay .3ave Time, Pay Oniine. www.rniamith. de,gmi 4 RETAIN FOR YOUR RECO 1D S t 2014 Delinquent Tax Certificate Redemption 01-4110-064-0172 FON() 99MBlifi 1197 SW 1.9 AVE PROPERTY ADD FeES5 1,:q;441 00in9 S NAHLYJAH PLI, .515 LO7 512( 2 LC Sir 57 WA) Jun an, 2715 $1,F99:163 is. DETACH HERE AND RETVRN THIS PORTION ViEtTii YOUR PAYMENT 4 Duplicate public tisei 08/18.'2015 FEDERAL NATIONAL MORTGAGE ASSN 2900 ESPERANZA CROSSING AUSTIN, TX '93708 1 q 1 4 ' T . i ', , 1 '., khdise checks p- yahle Lau MiamF,Ditio Tax Collector U,C,FondS dos n on 115, hank0 Deknouera Tatea mat oe paLl by Candies's Eheok, Money C rdor or Cerkked Funds, Arnaud duo May ha Subject to Chan9n Wthodt Notes, Mak poymesdo los 250 N,V) End AV611114, Wand, 51 33128 Ed/4/ate issued... June 8, 2010 Face: 1,707,98 Rate: 0,254/ Cert #4495 Bidder #27 111i.:appivea:ByRieaaatay .§11:4.g,:i:§, 3 19000 00 00[3000 0000 3014 11,0064017220 14 0 000GO 000 OD000 000 000005 Form SCNLGL— VinTOTALi appraisal software by a la mode, inc,. —1-800-ALAMODE IMain File No. 1851731 Paoe #2I1 ADDENDA - Page 11 I 1c7 Redeemed certificate #4455 Face 91,707 98 Rate 0 25% Bill Li story - Real Estate Account at 1197 SW 19 AVE, Miami, FL 33135-5149 TooSys Page 1 42 Tax Collector Home Search Reports Shopping Cart Please do not Preclude any speci5lcharacters in the name, address, and e-mall field such as #, 5, hyphens, cambia, dashes.. We have moved. Our new addrsss Is; 290 NW 2nd Ave, Miami, FL 33128 The information contained herein does not constitute a title search or property ownefship. •2015 2nd Quarter Tax Bilis are Payable on Septembe71, 2015. Eil Hist Ps Estate Act okett At 1191 SW1 AVE, 14OTI FL 3:035-5149 Real Estate (Account #01-4110-064-0172 IV!' Parcel deta.(1.5 Latest bill Full bit history Amsbints as c// o4'/4/20/5 Bill BAltance 2514 Annual Bill $0.00 06/15/2015 Paid $1,883.63 Receipt PTAXSALE-15-000900 D6115/2015 Cerfificats redeemed D6/0112015 Certikate issued 0510712015 Advertisement file crested LI 2013 Annual 13111 $0 00 05/10)2014 Paid $1,27,5,12 R,asaipt #FPPU05-14-011,017 2012 Annual Bill S0,00 D5/29/2013 Paid $3,897.22 Receipt N20130529-5002-0000247 2011 Annual Bilt 50,00 05/25120'12 Paid 174,141,40 Receipt 420120525-6016-0090001 17, 2016 Annual 50,00 07,10613011 Paid $2,915,30 Receipt 420110705,6002-0000104 Eff6utiv0 G6/3012011 Redeemed certificate #8614 Face 52,770,55 07/00/2011 Certticato redeemed Rate 0,29% 06/01/2011 Certificate, issued 04101/2011 Advertisement file created 2009 Anneal Bill 50,00 06121/2010 Pahl S2,589,36 Receipt 420100021-5002-0000257 Redeemed certificate #0408 Face $2,555724 06/21/2010 Cer0fiCate redeemed Rate 0,2515 06/01/2010 Certificate issued 04,61/2010 AdverbSemeot.file crested 2009 Annual BIll 00,00 05/31/2009 Paid 92,644.01 Receipt 420090031-6011,41000104 Redeemed certificate 49591 Face 52,512%4 08/3112009 Certificala nadeemed Rato 0,25% 96/01/2009 Cetfioete1050ed 04/01/2009 Advertisement file created 2007 Annual Bill 00,00 0.513012000 Paid 52,056.29 Receipt 420080530-0606-0000075 2006 Annual Hill 50,00 09/3 ":/2007 Paid $2,761,21 Recelpt #20970531-0225-0090095 2005 Annual Bill $0Oa 05119/2006 Paid 0.111,05 Receipt #200606•19-60000000185 Redeemed certificate *6050 Face 52,956,95 06119/2006 Certificate redeemed Rate 0.2515 06M1/2006 Ce,fificate issued 04/01/2006 Advertisement !de created Total Dalai ICE, https://www.iniarnidadc ,coan (y-ta xes.comipubli 0/real eslatelparcels/01 -41 10-064-0172/bills 8/18/201.5 Form SCNLGL — VinTOTAL" appraisal software by a la mode, inc. —1-800-ALAMODE rMain File No, 1851731 Page #221 ADDENDA - Page 12 Real ties t eon] - Report Page 1 of 1 Property Detail Report For Property Located At 1197 SW 19TH AVE, MIAMI, FL 33135-5149 Owner Information 1 OW,C, No FEDERAL NAIL YTS' ASSN Mtitis Address: 1197 SM; 12TH AVE, MIAMI FL 33135-8149 0002 Veoeila Codes, IIAS Location Infonnetion 1 Lrga urerrior,,, 10 54 41 SOUTH SHENANDOAH PR 11-.64 LOT 12 ELK 2 LOT SIZE 57.000 X 115 , Gerbily: DACIE, FL APRs 01-4110-084-0172 , (loos Traor I Block, 54 0214 Adui Rote AIRS, 01-41-10-064-0172 Town bhp -Range -Seat, 54-41-10 Subeiviand: SOUTH SHENANDOAH 1 ',opal /Ptl..ge.:. 11-04 Map Feriae:ern, 245 ; 34A , Legal Lot, 12 limn ta: Leal Stook, 2 Sobroit Diatribt, I Mardiet Area: 41 Iterhool Distripl Name, Nelgiilsor Cede, 1,triter/ owrietilF: MIAMI 1 Owner Transfer IfformetIon Recerain0/S0lie Da/ere 06113;2015 i 05/22;2015 Deed Type, ''.,..110. Noe, 6150,600 101 Alta Despenent ft, Duriddrient rt, 1191a52-859 I Last Market Sale information RocontlidgSalp Daro, 1 lst Miro saniouiteTyPe: Sete Rine, 1st Nap Int Rata/Type, , &Nu latter !tor Mfg Dainebent 4, i Document ;I: 1/Id Mto Amount/lobo, ! Deed Rion 2r12 Mfg int. Rare/Types Tboardier Docionint fr, Pape Per :KIEL New Fairstruotien: Multi/Split Sole, , Title Company, , Lapeer, Seiler Nome Prior Sale Information Prior ReulSriie Date: Fri -or Lander: Prier Son ['dos: Prior 10t Mto Anul Pow i Prier Doe Nomber Pilo, 1st tate Rote/Type, 1 Prier Deed Type: Property Characteristics • Soar Built I FR ; 8114/ Rooms/Offices Garage Area, , Gress, Arne, imp] liestropritei Ramp Capacity, Budding Area, Roof Type, Perking tippose: Tot. Aej Ai UM. Raat Matador: Heat Type, Above Grade, Cionotteclion: Air Curet, ta or Stories, Fredric atior, Pool, • Other tropinveitterew Ea1111a01 wall: Quatitto Hesiereent Arad: Condition, trt ,yo CoreLrag 1 I Q. e st Prole ssional 1t9 6i1F For Sole Site Information Fortinft, R-1 Acres: 0,15 County Ilea, Lot Area' 6,726 Lot ;Abed ;Depth, $7 a 118 Stole Use, Lona Urn' VACALLF LAND (NEC) CiDr071,,,,id Uerto, dedler Ttipe, Site influence! Sewer 'eyrie: Bestir p C"aaa: Tax information 10131 Vatuit, $99,600 A depound Year 2014 Pf opcoty !Tsai Lane Vetoer, $113,800 Improved Ws., Fos:Arabi 11111aMene1111\10111e: Tax Year. 2014 Tax Experrati DIY r111a1 I axablu Va up: 695,300 CERTI ri CATE OF TITLE (FL) VACANT UNDEV (51) REFERENCE ONLY (MK $1,611,28 0100 http ://proelassief ea 1 quest coln/jsp/report jsp'?&client—&aotion=eonfinn&ty,., 8/1 8/2015 Form SCNLGL — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE ADDENDA - Page 13 Hain File No, 1851731 Paue #231 QUALIFICATIONS OF EFRAIN JORGE SA.NTIN State Certified General Real Estate Appraiser No. 0003274 EDUCATION Florida International University, Miami, Florida B,A. Degree-Finance-1997 PROFESSIONAL EDUCATION Florida International University Course: FIN 4343-Real Estate Analysis-1996 Gold Coast -Florida Real Esoie Appraiser-2002 AMU Mastering Real Estate Appraisal-2007 Appraisal Institute API 310-Basic income Approach-2003 API 510-Advanec income Approach-2003 API 520-1-ighest & Best Use Market Analysis-2003 USPAP LIpdated-2008 Supervisor Trainee Roles and Rules-2008 LICENSES State Certified General Real Estate Appraiser-RZ #0003274 Licensed Real Estate Sales Person SL #703744 EXPERIENCE Assistant Residential/Commercial Fee Appraiser-2002 TYPES OF PROPERTIES APPRAISED Single Family Residential 2-4 Family Dwellings Vacant Land Individual Condominiums Office Building GEOGRAPHICAL AREAS .SERVED Miami -Dade Broward - St. Lucie Form SCNLGL — MinTOTAL" appraisal software by a la mode, inc. —1-800-ALAMODE 'Main File IVo. 8517 Pa c 24 ADDENDA - Page 14 Form SCNLGL 'YtfinTOTAL appraisal software by a la mode, inc, — 1-800-ALAMODE IMain File No, 18517311aue #251 ADDENDA - Page 15 ANN AM ARIA C,HAVOUSTIE MAI State -Certified General Real Estute Appraiser CA:NMI-M(41n NI).323 annailthappylsisalfiraLnet E:HOC/ATM N B.S,, Florida International University - 1980 Society or Real Estate Appraisers; Course 10 ntroduetion to Appraising Course 102 - Appraisal Case Study Course 2(11 - income Properly Valuation American Institute uf Raul Estate. Appraisers: 1987 Cuomo 2-3 - Standardof. Professional Practice 1988 Course 1B-A • Capitalization Theory ifir. Techniques - A 1988 Course IBLI • Capitalization Theory & Techniques -11 1989 Course 2-1 - Case Studies 1989 Course 2-2 - Report Writing Appraisal Institute; 1993 Litigation Valuation 1994 Limited Appraisal 1995 Florida currimrrcial Conutrucition Seminar] 996 Luxury Waterliran 74 ttkct 99S NOTI Conforming Meet 1999 Appraising Apartments 2001 Cass Stadics Iliiihost and Best liS6 2002 Analyzing Lease Clauses 2007 Commercial Construction 201/9 Appraising Narsing Homes 2010 Hotel Appraising- 2011 Business Practices and Fthica 2011 Appraisal Curricidum 2012 USPAP 21113 Marketability Studies 20 [3 Residential Sales Comparison and Income Approach 7013 Appraising Cell "lowers EXPERIENCE 1977-1980 Learning Disability Teacher -Center for Learning 1980-1982 .Arrner 13. White, Inc., - Commercial RNA 111ato Sales 1982-I996 Florida East Coast Realty - Vice Fresident,Commercial Real Estate Broker 1996 AmeriFirst Appraisal Company Commercial Appraiser 1987-I9S9 AppraisalEirst, Inc., (formerly AmeriFirst Appraisal Company) - Commercial Appraiser 1909- 20I() A pprakialFirst, Luc, , South Florida Regional Commercial Appraisal Manager 201 I Appraisalliirst Real Estate Appraisers LI C, President GEOGRAPHICAL AREAS SERVED Dade, Brossard, Brevard, Mouroe, Indian River, Si Lucie, Osceola, Orange, Okeechobee, and Palm Beach Counties, Florida, CLIENT'S SERVED Various employer clients including; banks; savings mid loans; thc Archdiocese of Miami; FDIC; RTC; Lennur Commercial Properties; Brigham Moore Gaylord, et al; foreign investment E.roups and individua le. Bankruptcy and cavil courts, TYPES OF PROPERTIES APPRAISED Commercial, malti-farnily, industrial facilities, office, buildings, botelS, A CIE's., vacant land, acreage, day-tiure centers, proposed subdivisions, condominiums, service stations, fast food franeldses and development projecis, AFFILIATIONS Member of the Appraisal Institute, MAI Licensed Real Estate Broker State of Florida Member Miami Board of Realtors; Indian River 9) oord of Realtors; Melbourne Rea liters Associal ion 39 Form SCNLGL — VinTOTAr appraisal software by a la mode, Inc, -800-ALAMODE IF.grFHe No. 185 7 Pa( e #26 ADDENDA - Page 16 R[ek< CO i .30VERNOR Oattg00.4444404 KEN LAWSON, SFOREPaY STATE OF FLORIDA DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION FLORIDA REAL ESTATE APPRAISAL ED The CERTIFIED GENERAL APPRAISER Named below IS CERTIFIED Under the provisions of Chapter 476 FS. Expiration date: NOV 30, 2016 CI lAVOUSTIE, ANNA MARIA 144,1 BISCAYNE BLVD SUITE 211 MIAMI EL 33132 ISSUED'. 09/16/2014 DISPLAY AS REQ EB EIY LAW sEralr 4O5lOO551557 Form SONLGL — 'WinTOTAL appraisal software by a la mode, inc. — 1-800-ALAMODE