m - City of New Braunfels

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CERTIFICATE
Borrower. Not Applicable File No.: OH459A5L
Property Address: Dunlap Drive
Case No.:
City: New Braunfels State: Texas Zip: 78130
Lender: Alfred Leos
The undersigned 'do hereby certify that, to the best of our )mow ledge and belief:
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 our personal, impartial, and unbiased professional analyses, opinions, and conclusions.
We 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.
We have no bias with respect to the propertY that is the subject of this report or to the parties involved with
this assignment.
Our engagement in this assignment was not contingent upon developing or reporting predetermined results.
Our 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 apptaisal.
The reported analyses, opinions, and conclusions were developed, and this report has been prepared, in
conformity with the Code ofProfessional Ethics and the Standards of Professional Appraisal Practice of the
Appraisal Institute, which include the Uniform Standards of Professional Appraisal Practice (USPAP).
The use of this report is subject to the requirements of the Appraisal Institute relating to review by its duly
authorized representatives.
As of the date of this report, I, Thomas Martin, SRA, have completed the requirements of the continuing
education program of the Appraisal Institute.
I have made a personal inspection of the property that is the subject of this report.
No one provided significant real property appraisal assistance to the persons signing this report, except as
may be noted elsewhere in this report.
Neither all nor any part of the contents of this report (especially any conclusions as to value, the identity of
the appraiser or the firm with whlch he is connected, or any reference to the Appraisal Institute or to the MAl
designation) shall be disseminated to the public through advertising media, public relations media, news
media, sales media or any other public means of communication without the prior written consent and
approval of the undersigned.
The ~ppraisa l assignment was not based on a requested minimum valuation, a specific valuation, or the
approval of a loan 12 CFR 564.4 (a) (I 0).
The appraisal was prepared in conformance with the rules and regulations of the Texas Appraiser Licensing
and Certification Board and the Texas Real Estate Commission.
~~~?!
Thomas Martin, SRA, CRP
State Certified Residential Real Estate
Appraiser (Number: TX-1327086-R)
111 Soledad, SUite 800, San Antomo, Texas 78205-2283