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Certification <br />Certification <br />We certify to the best of our knowledge and belief: <br />l . The statements of fact contained in this report are true and correct. <br />2.The reported analyses, opinions, and conclusions are limited only by the reported <br />assumptions and limiting conditions and are our personal, impartial and unbiased <br />professional analyses, opinions, and conclusions. <br />3.We have no present or prospective interest in or bias with respect to the property that is the <br />subject of this report and have no personal interest in or bias with respect to the parties <br />involved with this assignment. <br />4.Our engagement in this assignment was not contingent upon developing or reporting <br />predetermined results. <br />5.Our compensation for completing this assignment is not contingent upon the development or <br />reporting of a predetermined value or direction in value that favors the cause of the client, the <br />amount of the value opinion, the attainment of a stipulated result, or the occurrence of a <br />subsequent event directly related to the intended use of this appraisal. <br />6.This appraisal assignment was not based upon a requested minimum valuation, a specific <br />valuation, or the approval of a loan. <br />7.Our analyses, opinions, and conclusions were developed, and this report has been prepared, <br />in conformity with the Uniform Standards of Professional Appraisal Practice, as well as the <br />requirements of the State of North Dakota. <br />8.The reported analyses, opinions, and conclusions were developed, and this report has been <br />prepared, in conformity with the requirements of the Code of Professional Ethics and <br />Standards of Professional Appraisal Practice of the Appraisal Institute. <br />9.The use of this report is subject to the requirements of the Appraisal Institute relating to review <br />by its duly authorized representatives. <br />l 0. As of the date of this report, Justin Reed, MAI and Mike Moynagh, MAI each completed the <br />continuing education program for Designated Members of the Appraisal Institute. <br />11 . Justin Reed, MAI has and Mike Moynagh, MAI has not made a personal inspection of the <br />property that is the subject of this report. <br />12.No one provided significant real property appraisal assistance to the persons signing this <br />report. <br />13.Valuation & Advisory Services operates as an independent economic entity within CBRE, Inc. <br />Although employees of other CBRE, Inc. divisions may be contacted as a part of our routine <br />market research investigations, absolute client confidentiality and privacy were maintained at <br />all times with regard to this assignment without conflict of interest. <br />14.Neither Justin Reed, MAI nor Mike Moynagh, MAI have provided any services, as an <br />appraiser or in any other capacity, regarding the property that is the subject of this report <br />within the three-year period immediately preceding acceptance of this assignment. <br />Hobby Lobby Center, Forgo, North Dakota CBRE <br />Page 41