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Assumptions and Limiting Conditions 47 <br />25. Integra Realty Resources — Charlotte, an independently owned and operated company, has <br />prepared the appraisal for the specific purpose stated elsewhere in the report. The intended <br />use of the appraisal is stated in the General Information section of the report. The use of the <br />appraisal report by anyone other than the Client is prohibited except as otherwise provided. <br />Accordingly, the appraisal report is addressed to and shall be solely for the Client's use and <br />benefit unless we provide our prior written consent. We expressly reserve the unrestricted <br />right to withhold our consent to your disclosure of the appraisal report (or any part thereof <br />including, without limitation, conclusions of value and our identity), to any third parties. <br />Stated again for clarification, unless our prior written consent is obtained, no third party may <br />rely on the appraisal report (even if their reliance was foreseeable). <br />26. The conclusions of this report are estimates based on known current trends and reasonably <br />foreseeable future occurrences. These estimates are based partly on property information, <br />data obtained in public records, interviews, existing trends, buyer - seller decision criteria in the <br />current market, and research conducted by third parties, and such data are not always <br />completely reliable. Integra Realty Resources, Inc. and the undersigned are not responsible for <br />these and other future occurrences that could not have reasonably been foreseen on the <br />effective date of this assignment. Furthermore, it is inevitable that some assumptions will not <br />materialize and that unanticipated events may occur that will likely affect actual performance. <br />While we are of the opinion that our findings are reasonable based on current market <br />conditions, we do not represent that these estimates will actually be achieved, as they are <br />subject to considerable risk and uncertainty. Moreover, we assume competent and effective <br />management and marketing for the duration of the projected holding period of this property. <br />27. All prospective value estimates presented in this report are estimates and forecasts which are <br />prospective in nature and are subject to considerable risk and uncertainty. In addition to the <br />contingencies noted in the preceding paragraph, several events may occur that could <br />substantially alter the outcome of our estimates such as, but not limited to changes in the <br />economy, interest rates, and capitalization rates, behavior of consumers, investors and <br />lenders, fire and other physical destruction, changes in title or conveyances of easements and <br />deed restrictions, etc. It is assumed that conditions reasonably foreseeable at the present <br />time are consistent or similar with the future. <br />The Glenn Center <br />irr <br />H -5 Page 380 <br />