The URL can be used to link to this page

RC-11-1738Inspection Worksheet Miami Shores Village 10050 N.E. 2nd Avenue Miami Shores, FL Phone: (305)795 -2204 Fax: (305)756 -8972 Inspection Number: INSP- 164730 Permit Number: RC -9 -11 -1738 Scheduled Inspection Date: March 08, 2012 Inspector: Bruhn, Norman Owner: DAVIES, JOHN Job Address: 1041 NE 94 Street Miami Shores, FL Project: <NONE> Contractor: LIBERTY SOUTH CONSTRUCTION SERVICES INC Permit Type: Residential Construction Inspection Type: Final Building Work Classification: Alteration Phone Number Parcel Number 1132050120080 Phone: (561)282 -3750 Building Department Comments INTERIOR RENOVATION OF KITCHEN AND BATHROOM REPLACEMENT. FLOORING ,CABINETS AND FIXTURES Passe Failed Correction Needed Re- Inspection Fee No Additional Inspections can be scheduled until re- inspection fee is paid. Inspector Comments March 07, 2012 For Inspections please call: (305)762 -4949 Page 2 of 33 Miami Shores Village Building Department 10050 N.E.2nd Avenue, Miami Shores, Florida 33138 Tel: (305) 795.2204 Fax: (305) 756.8972 INSPECTION'S PHONE NUMBER: (305) 762.4949 BUILDING PERMIT APPLICATION FBC 20 Permit No. iy-(71/4a" Master Permit No. RC -9 -11 -1738 Permit Type: BUILDING ROOFING OWNER: Name (Fee Simple Titleholder): Miami Country Day School, Inc. Phone #: (305) 206 -1761 Address: 601 NE 107th Street City: Miami State: Florida Zip: 33238 Tenant/Lessee Name: Miami Country Day School Head Master Residence Phone #: (305) 206 -1761 Email: cabanm @miamicountryday.org JOB ADDRESS: 1041 NE 94th Street City: Miami Shores Folio/Parcel #: 11- 3205 -012 -0080 County: Miami Dade Zip: 33138 Is the Building Historically Designated: Yes NO X Flood Zone: CONTRACTOR: Company Name: Liberty South Construction Services, Inc. Phone #: (561) 282 -3750 Address: One Harvard Circle, Suite 100 City: West Palm Beach Qualifier Name: Gary Douglas Armstrong State: Florida Zip: 33409 Phone #: (561) 832 -1616 State Certification or Registration #: CGC 1517274 Certificate of Competency #: Contact Phone #: (561) 248 -8156 Email Address: garmstrong ansuffolkconstruction.com DESIGNER: Architect/Engineer: JDC Architect, Inc. Phone#: (305) 285 -4343 Value of Work for this Permit: $ 3,000.00 Square/Linear Footage of Work: 500 SF Type of Work: OAddition ,. Alteration ONew ORepair/Replace ODemolition Description of Work: Revise of irk ings to reflect addition of ceiling light fixtures, additional receptacles, additional electrical circuits and water bbx .Original drawings consisted of Interior renovation of kitchen & bathroom replacement flooring, cabinets andlikt, res.., Submittal, Permit Fee $ J ` CCF $ CO /CC $ ScanninngFeee $ Radon Fee $ DBPR $ Bond $ Notary p . y Training/Education Fee $ Double Fee'$ Structural Review $ Technology Fee $ TOTAL FEE NOW DUE $ Bonding Company's Name (if applicable) Bonding Company's Address N/A City State Zip N/A Mortgage Lender's Name (if applicable) Mortgage Lender's Address N/A City State Zip N/A Application is hereby made to obtain a permit to do the work and installations as indicated. I certify that no work or installation has commenced prior to the issuance of a permit and that all work will be performed to meet the standards of all laws regulating construction in this jurisdiction. I understand that a separate permit must be secured for ELECTRICAL WORK, PLUMBING, SIGNS, WELLS, POOLS, FURNACES, BOILERS, HEATERS, TANKS and AIR CONDITIONERS, ETC OWNER'S At IDAVIT: I certify that all the foregoing information is accurate and that all work will be done in compliance with all applicable laws regulating construction and zoning. "WARNING TO OWNER: YOUR FAILURE TO RECORD A NOTICE OF COMMENCEMENT MAY RESULT IN YOUR PAYING TWICE FOR IMPROVEMENTS TO YOUR PROPERTY. IF YOU INTEND TO OBTAIN FINANCING, CONSULT WITH YOUR LENDER OR AN ATTORNEY BEFORE RECORDING YOUR NOTICE OF COMMENCEMENT." Notice to Applicant: As a condition to the issuance of a building permit with an estimated value exceeding $2500, the applicant must promise in good faith that a copy of the notice of commencement and construction lien law brochure will be delivered to the person whose property is subject to attachment. Also, a certified copy of the recorded notice of commencement must be posted at the job site for the first inspection which occurs seven (7) days after the building permit is issued. In the absence of such posted notice, the inspection will not be approved and a reinspection fee will be charged. Signature ary T. utts Owner or Agent The foregoing instrument was acknowledged before me this ,.56 day of AV , 20 /I , by Agy /3u1-71 who is personally known to me or who has produced As identification and who did take an oath. NOTARY PUBLIC: Sign: Print: Shelbc My Commission Expires: PUBLIC.STATE 0P MAMA lA ,•• ""•%. Sheltie L. Fulford it Commission # DD850330 Expires: FEB. 28, 2013 BONDRD THRU ATLANTIC BONDING CO., INC. * *** * *** lit**************** ti t********* ********ak'k*********8+*******k Signature N Gary Douglas Armstrong Contractor The foregoing instrument was acknowledged before me this day of NtiVe_vnbe-i', 20 (, by boxy Pirn4r rt r who is personally known to tne'r who has produced as identification and who did take an oath. NOTARY PUBLIC: Sign: �A �TT� Print: Molt S1— My Cori migs i ,xpires: 4 _so, e� MARY R. CHRIST _ Notary Public - State of Florida 4 " i_iii Qo My Comm. Expires Oct 7, 2013 $*****4 'I' , Iilllt,/ �1 ** 'AF7 0 lealcO®® .08• ** APPROVED BY 07 JI y Plans Examiner Structural Review (Revised 07 /10 /07)(Revised 06 /10/2009)(Revised 3/15/09) Zoning Clerk CUMULATIVE SUBSTANTIAL IMPROVEMENT VERIFICATION WORK SHEET In accordance with FEMA regulation and Miami Shores Village Flood Damage Prevention Ordinance the costs of all improvements must be monitored. The costs of any improvements in the past 12 months and the costs of any proposed improvements must be shown on the worksheet. The cost of improvements must include demolition, raw and finished materials (include those donated), labor (including volunteer and self - performed), construction supervision and management, and overhead and profit. A list of items the costs of which are to be included as well as those excluded is attached for your reference. (A Copy of the Contract must be attached) PROPERTY OWNER: Miami Country Day School, Inc. PERMIT # CC -9 -11 -1738 ADDRESS: 1041 NE 9th Street. Miami Shores. Florida 33138 FOLIO NUMBER: 11-3205-012-0080 FLOOD ZONE: Zone - AE BASE FLOOD ELEVATION: 8 Feet FREEBOARD: 0 EAST OF FL.CCCL: NO COST OF PAST IMPROVEMENTS (12 MONTHS): $27,200.00 COST OF PROPOSED IMPROVEMENTS: $3,000.00 (ATTACH COPY OF CONTRACT) TOTAL CUMULATIVE COST OF IMPROVEMENTS (past and proposed): $30,200.00 VALUE OF PRINCIPAL STRUCTURE (attach appraisal): 4,s2.57acexte ca‘ Acf OWNERS SIGNATURE: - — / DATE/7 3 PLANREVIEWER: PLAN REVIEWER SIGNATURE: DATE: Created on June 2009 Miami -Dade My Home My Home Wik Show Me: Search By: Li Text onty fj Property Appraiser Tax Estimator Property Appraiser Tax Comparison Summary Details: Folio No.: 11 -3205- 012 -0080 Property: 1041 NE 94 ST Mailing Address: MIAMI CTRY DAY SCHOOL INC 601 NE 107 ST MIAMI FL 33238- Property Information: Primary Zone: 1 400 SINGLE FAMILY RESIDENCE CLUC: 001 RESIDENTIAL - INGLE FAMILY Beds/Baths: /2 Floors: 1 Living Units: 1 Adj Sq Footage: ,119 Lot Size: 0,495.10 SO FT Year Built 1940 Legal Description: IRBYS ADD 70 MIAMI HORES PB 41 -44 LOT LOT SIZE SITE ALUE OR 16233 -3661 194 1 COC 26002- 166 10 2007 1 Assessment Information: Taxable Value Information: mirarasulaviat Sale Information: 'Sale Date: Sale Amount Sale 0/R: 10/2007 X825,000 26002 -4166 Sales Aerial Photography - 2009 0 118ft My Home 1 Property Information 1 Property Taxes I My Neiohborhood 1 property ••ppraiser Home 1 Using Our Site 1 Phone Directory 1 Privacy [Disclaimer If you experience technical difficulties with the Property Information application, or wish to send us your comments, questions or suggestions please email us at Webmaster. Web Site © 2002 Miami -Dade County. M rights reserved. http: / /gisims2. miamidade .gov /myhome /propmap.asp[l 1 /27/2011 9:57:45 PM] Legend Property Boundary Selected Property Street dokof Highway Miami -Dade County Water 2011 2010 IV-Mr . IR J 1416-4 icily :1KIii'j iIKI 9'v-i'i L •Irzl 3IKE01 r1t Wilms • Wig) Taxable Value Information: mirarasulaviat Sale Information: 'Sale Date: Sale Amount Sale 0/R: 10/2007 X825,000 26002 -4166 Sales Aerial Photography - 2009 0 118ft My Home 1 Property Information 1 Property Taxes I My Neiohborhood 1 property ••ppraiser Home 1 Using Our Site 1 Phone Directory 1 Privacy [Disclaimer If you experience technical difficulties with the Property Information application, or wish to send us your comments, questions or suggestions please email us at Webmaster. Web Site © 2002 Miami -Dade County. M rights reserved. http: / /gisims2. miamidade .gov /myhome /propmap.asp[l 1 /27/2011 9:57:45 PM] Legend Property Boundary Selected Property Street dokof Highway Miami -Dade County Water Miami COUNTRY DAY SCHOOL November 29, 2011 Miami Shores Village Building Department RE: 1041 NE 94th Street, Miami Shores To Whom It May Concern: Mr. Gary Butts, Chief Operations Officer, is an authorized signer on behalf of the corporation, Miami Country Day School, Inc., owner of the above addressed property. Sincerely, Anne Paulk, President Board of Trustees Miami Country Day School, Inc. NATM(Y praue4TArg ti ryirtit'A Shellie L. Fulford Commission #DD850330 Expires: FEB. 28, 2013 BONDED T$RU ATLANTIC BONDING CO., INC. 601 Northeast 107 Street I Miami, Florida 33161 1 305.759.2843 I Fax 305.759.4871 I www.miamicountryday.org Every Student. Every Day. 10/s -4 l - BUILDING Miami Shores Village Building Department 10050 N.E.2nd Avenue, Miami Shores, Florida 33138 Tel: (305) 795.2204 Fax: (305) 756.8972 INSPECTION'S PHONE NUMBER: (305) 762.4949 Permit No. f C) !IIT PERMIT APPLICATION Master Permit No. FBC 20 SU6s1- ANTIAL, I1\ANOVUA ' Permit Type: BUILDING ROOFING OWNER: Name (Fee Simple Titleholder): Miami Country Day School, Inc. Phone#: (305) 206 -1761 Address: 601 NE 107th Street City: Miami State: Florida Zip: 33238 Tenant/Lessee Name: Miami Country Day School Head Master Residence Phone #: (305) 206 -1761 Email: cabanm @miamicountryday.org JOB ADDRESS: 1041 NE 94th Street City: Miami Shores Folio/Parcel #: 11- 3205 - 012 -0080 County: Miami Dade Zip: 33138 Is the Building Historically Designated: Yes NO X Flood Zone: CONTRACTOR: Company Name: Liberty South Construction Services, Inc. Phone#: (561) 282 -3750 Address: One Harvard Circle, Suite 100 City: West Palm Beach State: Florida Qualifier Name: Gary Douglas Armstrong zip: 33409 Phone #: (561) 832 -1616 State Certification or Registration #: CGC 1517274 Certificate of Competency #: Contact Phone #: (561) 248 -8156 Email Address: garmstrong (asuffolkconstruction.com DESIGNER: Architect/Engineer: JDC Architect, Inc. Phone #: (305) 2854343 Value of Work for this Permit: $ 15,000.00 Square/Linear Footage of Work: 500 SF Type of Work: ❑Addition ®Alteration ❑New ❑Repair/Replace ❑Demolition Description of Work: Interior renovation of kitchen & bathroom replacement flooring, cabinets and fixtures. and fixtures. *** **** ***** ********* ****** ************ Fees** *********** ** ********* ******************** Submittal Fee $ Permit Fee $ Scanning Fee $ Radon Fee $ Notary $ Training/Education Fee $ Double Fee $ Structural Review $ CCF $ CO /CC $ DBPR $ Bond $ Technology Fee $ TOTAL FEE NOW DUE $ Bonding Com1 Bonding Comf City Mortgage Lend Mortgage Lend■ City Application is 1 commenced pri construction in WELLS, POOL OWNER'S AF applicable laws "WARNP COMME1' IMPROVI FINANCE RECORD] as ►g S, 111 F R N E Notice to Applii • r ust promise in goof on whose property ite for the first ins, _, he inspection will not be approvea ana a reinspec nvn jco w••• e__. o W '� Signature Butts Signature Peri) Gary Douglas Armstrong Owner or Agent Contractor The foregoing instrument was acknowledged before me this d93474ef The foregoing instrument was acknowledged before me this day of- 9 h4 , 20 L, by t q /' e , day of 6dr! , 20 l®, by A h- 40,5f44 who is to me or who has produced who is As identification and who did take an oath. NOTARY PUBLIC: My Commission Expires: September 22, 20 ?".?'?c D1:0.'4,,�= APPROVED BY (Revised 07 /10 /07)(Revised 06 /10/2009)(Revised 3/15/09) to me or who has produced as identification and who did take an oath. NOTARY PUBLIC: eelglut-''POS,,i �a .0041..46 °: Z7.4. 4 NUMBER OL':70 * ; . EE 028432 EXPIRES : * o *UP. . 2014 ;,4! My Commission Expires: September 22, 2014e.,,—,c, state °t,`, CONSTRUCTION SERVICES .Posadas erintendent One Harvard Circl uite 101 West Palm Beach, Florida 33409 (561) 282 -3750 - direct (561) 273 -1808 - fax (786) 299 -2525 - celf hposadas @libertysouth.net CGC1517274 * * * * * * * * * ** * * ** Zoning Clerk (ADDRESS: 104-1 r4 , ,C3104-ST W_ IMPACT FEES HRS/DERM Z `/m 0 z z 0 N STRUCTURAL ELECTRICAL 0.1 cf -lG �1 PLUMBING JIECHANICAL as ►g S, 111 F R N E Notice to Applii • r ust promise in goof on whose property ite for the first ins, _, he inspection will not be approvea ana a reinspec nvn jco w••• e__. o W '� Signature Butts Signature Peri) Gary Douglas Armstrong Owner or Agent Contractor The foregoing instrument was acknowledged before me this d93474ef The foregoing instrument was acknowledged before me this day of- 9 h4 , 20 L, by t q /' e , day of 6dr! , 20 l®, by A h- 40,5f44 who is to me or who has produced who is As identification and who did take an oath. NOTARY PUBLIC: My Commission Expires: September 22, 20 ?".?'?c D1:0.'4,,�= APPROVED BY (Revised 07 /10 /07)(Revised 06 /10/2009)(Revised 3/15/09) to me or who has produced as identification and who did take an oath. NOTARY PUBLIC: eelglut-''POS,,i �a .0041..46 °: Z7.4. 4 NUMBER OL':70 * ; . EE 028432 EXPIRES : * o *UP. . 2014 ;,4! My Commission Expires: September 22, 2014e.,,—,c, state °t,`, CONSTRUCTION SERVICES .Posadas erintendent One Harvard Circl uite 101 West Palm Beach, Florida 33409 (561) 282 -3750 - direct (561) 273 -1808 - fax (786) 299 -2525 - celf hposadas @libertysouth.net CGC1517274 * * * * * * * * * ** * * ** Zoning Clerk Property Information Map My Home Miami -Dade County, Florida ma'am dada, o Property Information Map Aerial Photography - 2009 0 30 ft This map was created on 9/23/2011 12:01:07 PM for reference purposes only. Web Site © 2002 Miami -Dade County. All rights reserved. Close Page 1 of 1 Summary Details: Folio No.: 11- 3205 -1 12 -0080 Property: 1041 NE 94 ST Mailing Address: MIAMI CTRY DAY SCHOOL INC 601 NE 107 ST MIAMI FL 33238- Property Information: Primary Zone: 1400 SINGLE FAMILY RESIDENCE CLUC: 0001 RESIDENTIAL - SINGLE FAMILY Beds /Baths: 3/2 Floors: 1 Living Units: 1 Adj Sq Footage: 3,119 Lot Size: 10,495.10 SQ FT Year Built: 1940 Legal Description: KIRBYS ADD TO MIAMI SHORES PB 41-44 LOT 8 LOT SIZE SITE VALUE OR 16233 -3661 01941 COC 26002 - 416610 20071 Assessment Information: Year: 2011 2010 Land Value: $151,570 126,309 Building Value: $239,864 $240,240 Market Value: $391,434 $366,549 Assessed Value: $391,434 $366,549, Taxable Value Information: Year: 2011 2010 Taxing Authority: Applied Exemption/ Taxable Value: Applied Exemption/ Taxable Value: Regional: $391,434/$0 $366,549/$0 County: $391,434/$0 $366,549/$0 City: $391,434/$0 $366,549/$0 School Board: $391,434/$0 $366,549/$0 Sale Information: Sale Date: 10/2007 Sale Amount: ., 825,000 ale O/R: • 1• -41.6 Sales Qualification Descri ption: Sales which are qualified Vie Additi • na Sales http: / /gisims2 .miamidade.gov /myhome /printmap. asp? mapurl= http: / /gisims2.miamidade.go... 9/23/2011 f Inmagiv, t7 : NOTICE OF COMMENCEMENT • A REcOROEII COIN MUST BE POSTED ON THE JOB SITE AT TIME OF FIRST • INSPECTION PERMIT NO. CC-9 -11 -1738 TAX FOLIO NO 11- 3205 - 012 -0080 STATE OF FLORIDA: COUNTY OF MIAMI -DADE: THE UNDERSIGNED hereby gives notice that improvements will be made to ceriain neat properly, and in accordance with Chapter 713, Rorida Statutes, the following intonation Is provl4led In this Notice of Commencement 111111111111111111111111111111111111111111111 CFN 2011R0649249 OR Bk,'27839•Ps 4786; Clod). RE RDED 09/27/2011 12143:24 HAR Y RUVIHr CLERK OF COURT MIA I -DADE COUNTY, FLORIDA LOT PAGE 1. Legal description of property and street/address: KIRBYS ADD TO MIAMI SHORES PB 41-444 LOT 8 LOT SIZE SITE VALUE OR 18233 =3861 01941 COC 26002416810 20071 • 1041 NE 94th Street, Miami Shores, Florida 33138 2. Description of. Improvement: Renovation of Idtchen & ballroom replacement of cabinets; flooring' & fixtures. 'Project Miami Country Day School - Head Master Residence Renovation at 1041 NE 94tH Street, Miami Shores, FL 3. Owner(s) name and address: Miami Country Day School, Inc. 601 NE 107 Street , Miami, Florida 33238 Interest in property: Narne and address of fee simple titleholder: 4. Contractor's name and address: Liberty South Construction Services, Inc. One Harvard Olrcit), Suite 100, West Palm Beach, FL 33409 6: Surety: - (Payment bond required byoduner from contractor, if any) Flame and address: N/A Amount of bond $ 8. Lender's name and address: N/A 7. Persons within the state of Florida designated by Owner upon whom notices or other documents may be served as . provided by Section 713.13(1)(a)7., Florida Statutes, Name and adds Miami Country Day School, Inc, Attention: Gary T. Butts, COO ' 601 NE 107 Street , Miami, Florida 33238 8. In addition to himself, Owners designates the following person(s) to receive a copy of the Llanor's Notice as provided • In Section 713.13(1)(b), Florida Statutes. Name and address: N/A 9. Expiration date of this Notice of Commencement: (the expiration date Is 1 year from the date of recording unless a different date is specified) Signature of Omer Print Owner's Name Gary T. Butts / COO Miami Country Day School, Inc. Prepared by ' Sworn to and subscribed before me the 693';' day of 20 ■9 • Notary Public EF 028432 Print Notary's Name Henry L. Posada Myv commtssion.exptres :_ 123.01-52 PAGE4 vat f4, 4:•10 �.' Turn Over f&rr,ctlbhte TATE OF FLORIDA, COUNTY OF DAD;. 1 HEREBY CERTIFY that this is a true copy of the >rigrne! filed in this office an day of SE® 2 M, A D ?0 WITNESS my hand and Official Seal. HARVEY R V➢fli. CLERK, of cheat By L / LD dotI D.C. Henry L. Posadas Address: • • Liberty SoIihLCe55on Services, Inc. One Harvard Circle, Suite 100 _tJe4 Pater, peach F-L' 33409 3 to 16 Miami COUNTRY DAY SCHOOL September 23, 2011 Miami Shores Village Building Department RE: 1041 NE St., Miami Shores, FL 33138 To Whom It May Concern: Mr. Gary Butts, Chief Operations Officer, is an authorized signer on behalf of the corporation, Miami Country Day School, Inc., owner of the above addressed property. Sincerely, Ct,. 42L#L Anne Paulk, President Board of Trustees Miami Country Day School, Inc. NITA ' PUBLICCATE OF FLORIDA Shellie L. Fulford Commission #DD850330 Expires: FEB. 28, 2013 BONDED T U ATLANTIC BONDINGCO.,INC. 601 Northeast 107 Street I Miami, Florida 33161 1 305.759.2843 1 Fax 305.759.4871 I www.miamicountryday.org Every Student. Every Day. Permit No: 11 -1738 Job Name: December 6, 2011 Miami Shores Viiiage Building Department Building Critique Sheet 1) Provide all permit applications prior to any further reviews 10050 N.E.2nd Avenue Miami Shores, Florida 33138 Tel: (305) 795.2204 Fax: (305) 756.8972 Page 1 of 1 Plan review is not complete, when all items above are corrected, we will do a complete plan review. If any sheets are voided, remove them from the plans and replace with new revised sheets and include one set of voided sheets in the re- submittal drawings. Norman Bruhn CBO 305 - 795 -2204 Permit No: 11 -1738 Job Name: October 3, 2011 Miami Shores Village Building Department 10050 N.E.2nd Avenue Miami Shores, Florida 33138 Tel: (305) 795.2204 Fax: (305) 756.8972 Page 1 of 1 Building Critique Sheet 1) Provide all permit applications for subs. (electric and plumbing) Plan review is not complete, when all items above are corrected, we will do a complete plan review. If any sheets are voided, remove them from the plans and replace with new revised sheets and include one set of voided sheets in the re- submittal drawings. Norman Bruhn CBO 305 - 795 -2204 CUMULATIVE SUBSTANTIAL IMPROVEMENT VERIFICATION WORK SHEET In accordance with FEMA regulation and Miami Shores Village Flood Damage Prevention Ordinance the costs of all improvements must be monitored. The costs of any improvements in the past 12 months and the costs of any proposed improvements must be shown on the worksheet. The cost of improvements must include demolition, raw and finished materials (include those donated), labor (including volunteer and self - performed), construction supervision and management, and overhead and profit. A list of items the costs of which are to be included as well as those excluded is attached for your reference. (A Copy of the Contract must be attached) PROPERTY OWNER: Miami Country Day School, Inc. PERMIT # CC -9 -11 -1738 ADDRESS: 1041 NE 9th Street, Miami Shores, Florida 33138 FOLIO NUMBER: 11-3205-012-0080 FLOOD ZONE: Zone - AE BASE FLOOD ELEVATION: 8 Feet FREEBOARD: 0 EAST OF FL.CCCL: NO COST OF PAST IMPROVEMENTS (12 MONTHS): ktr-2- ,200. 00 COST OF PROPOSED IMPROVEMENTS: 1 00 0 00 (ATTACH COPY OF CONTRACT) X200 00 TOTAL CUMULATIVE COST OF IMPROVEMENTS (past and proposed): 52S 0 00 00 VALUE OF PRINCIPAL STRUCTURE (attach appraisa : OWNERS SIGNATURE: DATEa<'/ PLANREVIEWER: PLAN REVIEWER SIGNATURE: DATE: Created on June 2009 CONSTRUCTION SERVICES CGC151724 PROPOSAL - 9/1/11 Miami Country Day School HeadMaster's House Renovation @ 1041 NE 94th St PROJECT REQUIREMENTS General clean up; Construction debris, protection Site Supervision Dumpster DEMO Remove existing bath finishes, bath sub -floor and kitchen cabinets MASONRY No Scope Identified CONCRETE No Scope Identified METALS Floor joist hangers and miss connections as required ROUGH CARPENRTY New sub floor and floor sheathing in bathroom and kitchen as required CAULKING / WATERPROOFING New shower pan DOORS, WINDOWS & GLAZING New glass frameless shower enclosure TILE New floor and wail Ile in bathroom and kitchen. STUCCO / PLASTER Patching and touch up at kitchen and bathroom PAINT Paint stun / plaster at kitchen / bathroom ACCESS & GATE CONTROL No Scope Identified SIGNAGE No Scope Identified PLUMBING Installation of owner supplied fixtures HVAC No Scope Identified ELECTRICAL Installation of owner supplied fixtures and smoke detector system and misc electrical per plans Included Included Included Included N/A N/A Included Included Included Included Included Included Included NIA N/A Included N/A Included Respectfully submitted, SUBTOTAL: 25,000 LIBERTY OH&P: Included I TOTAL: Kurt S. Langford Operations Manager - Liberty South 1 25,000 C & K APPRAISAL,LLC Single Family Residential Property Single Family Detached Residence LOCATED AT: 1041 NE 94 STREET MIAMI SHORES, FL 33138 FOR: MIAMI COUNTRY DAYSCHOOL, INC 601 NE 107 STREET MIAMI, FL 33161 BORROWER: TO DETERMINE VALUE AS OF: January 8, 2011 01/11/2011 MIAMI COUNTRY DAY SCHOOL, INC 601 NE 107 STREET MIAMI, FL 33161 File Number: A211001e To Whom it Concerns, In accordance with your request, I have appraised the real property at: 1041 NE 94 STREET MIAMI SHORES, FL 33138 The purpose of this appraisal is to develop an opinion of the market value of the subject property, as improved. The property rights appraised are the fee simple interest in the site and improvements. In my opinion, the market value of the property as of January 8,2011 5525,000 Five Hundred Twenty -Five Thousand Dollars is: The attached report contains the description, analysis and supportive data for the conclusions, final opinion of value, descriptive photographs, limiting conditions and appropriate certifications. Respectfully Submitted, WILLIAM L. SPINNLER STATE CERTIFIED RESIDENTIAL APPRAISER RD6330 Thank You for the Opportunity to be of Service. w v• •• r•• • eai- ••vrtr., rr• Order 1 Invoice 2 Title 3 Letter of Transmittal 4 Table of Contents. 5 1004_05 6 Addendum 13 Subject Photos 17 Extra 3 Photo Page 1 18 Extra 6 Photo Page 1 19 Extra 4 Photo Page 1 20 Sketch 21 Location Map 22 Comps 1,2,3 Photos 23 Comps 4,5,6 Photos 24 License Page 1 25 Qualifications 26 F-- Neighborhood Name KIRBYS ADD MIAMI SHORES Map Reference 53-42-05 Census Tract 12.02 / 2 U, Occupant ❑ Owner © Tenant ❑ Vacant Special Assessments $ NONE KNOWN ❑ PUD HOA $ O per year ❑ per month co Property Rights Appraised © Fee Simple Leasehold ❑ Other (describe) Assignment Type Q Purchase Transaction Refinance Transaction is Other (describe) TO DETERMINE VALUE Lender /Client MIAMI COUNTRY DAY SCHOOL, INC Address 601 NE 107 STREET, MIAMI, FL33161 Is the subject property currently offered for sale or has it been offered for sale in the twelve months prior to the effective date of this appraisal? O Yes Q No Report data source(s) used, offering price(s), and date(s). MLS, ISCNet, PUBLIC RECORDS PER COUNTY WEBSITE, HOMEOWNER & AGENTS, AS AVAILABLE. I ❑ did ❑ did not analyze the contract for sale for the subject purchase transaction. Explain the results of the analysis of the contract for sale or why the analysis was not performed. THE APPRAISER 1S UNAWARE OF ANY AGREEMENT FOR THE SALE OR PURCHASE OF THE SUBJECT. F 0 ocContract Price $ Date of Contract N/A Is the property seller the owner of public record? ❑ Yes ❑ No Data Source(s) ISCNet, PUB. RECS. zz Is there any financial assistance (loan charges, sale concessions, gift or downpayment assistance, etc.) 0 If Yes, report the total dollar amount and describe the items to be paid. N/A PARTICIPANTS HAS INDICATED ANY LOAN CHARGES, SALES CONCESSIONS, GIFTS, OR DOWNPAYMENT to be paid by any party on behalf of the borrower? ❑ NONE OFTHE DOCUMENTATION PROVIDED OR DISCUSSIONS Yes © No WITH THE ASSISTANCE TO THE BORROWER. HOWEVER, THE APPRAISER DOES NOT HAVE FULL ACCESS TO ALL DOCUMENTATION, KNOWLEDGE OF UNKNOWN PARTIES TO THE TRANSACTION, OR OTHER HIDDEN FACTORS NOT AVAILABLE TO THE APPRAISER. Note: Race and the racial composition of the neighborhood are not appraisal factors. Neighborhood Characteristics One Unit Housing Trends One -Unit Housing Present Lan c)'USe Y Location • Urban X Suburban ❑ Rural Prosert Values • Increasins • Stable © Declinin. PRICE AGE One Unit 75 % o Built -Up © Over 75% 25 -75% ❑ Under 25% Demand /Supply • Shortage © In Balance U Over Supply $(000) (yrs) 2 -4 Unit 5 % ° Growth • Rapid © Stable ❑ Slow Marketing Time • Under 3 mths © 3 -6 mths Over 6 mths 69 Low 2 Multi - Family 10 E Neighborhood Boundaries m BAY, TO THE WEST BY; BISCAYNE BOUNDED ON THE NORTH BY; NE 123 ST, TO THE SOUTH BY; NE 79 ST, TO THE EAST BY; BISCAYNE 2.300 High 81 Commercial 5 % BLVD. THIS IS PREDOMINATELY AN OWNER OCCUPIED RESIDENTIAL NEIGHBORHOOD. 500 Pred. 60 Other vacant 5 % 5 Neighborhood Description El z See Attached Addendum Market Conditions (including support for the above conclusions) See Attached Addendum Dimensions PER COUNTY RECORDS Area 10495 SQ. FT Shape RECTANGULAR View S.HOMES /STR. Specific Zoning Classification RS -5 Zoning Description MEDIUM DENSITY SINGLE FAMILY RESIDENTIAL Zoning Compliance X3 Legal ❑ Legal Nonconforming (Grandfathered Use) Q No Zoning Q Illegal (describe) Is the highest and best use of the subject property as improved (or as proposed per plans and specifications) the present use? © Yes • No If No, describe. REPRESENTS THE HIGHEST AND BEST USE AS IMPROVED. THE SUBJECT Utilities Public Other (describe) Public Other(describe) Off -site Improvements —Type Public Private Electricit © $ Water © • Street ASPHALT X N Gas • • NOT AVAILABLE Sanitary Sewer © • Alley NOT TYPICAL FEMA Special Flood Hazard Area © Yes ❑ No FEMA Flood Zone AE FEMA Map # 12065200931 FEMA Map Date 03/02/1994 Are the utilities and off -site improvements typical for the market area? © Yes ❑ No If No, describe. Are there any adverse site conditions or external factors (easements, encroachments, environmental conditions, land uses, etc.)? ® Yes © No If Yes, THE APPRAISER HAS NOT REVIEWED A SURVEY AND IS NOT AWARE OF ANY EASEMENTS, ENCROACHMENTS OR OTHER DETRIMENTAL CONDITIONS. THE APPRAISER describe. NONE KNOWN. IS NOT EXPERT IN ENVIRONMENTAL ASSESSMENT BUT HAS REPORTED ANY READILY OBSERVABLE CONDITIONS. THE READER IS ENCOURAGED TO OBTAIN EXPERT CONSIDERATION OFTHESE ISSUES IF RELIABLE INFORMATION IS REQUIRED. GENERAL DESCRIPTION FOUNDATION EXTERIOR DESCRIPTION > materials /conditiDn INTERIOR r° =materials /condit60n Units © One Q One with Accessory Unit X Concrete Slab X Crawl Space Foundation Walls STEM WALL /UNK Floors WD, TILE /AVG. # of Stories ONE Full Basement Partial Basement Exterior Walls CONC, FRAME /AVG Walls PLASTER /AVGE pe © Det. o Att. S- Det.lEnd Unit g Under Const. Basement Area 0.0000 sq. ft. Basement Finish N/A % Roof Surface S- TILE /AVGE Gutters & Downspouts ALUMINIUM /AVGE Trim /Finish WOOD /AVG. Bath Floor TILE /AVG. XXT Existing Proposed Desi.n (St le) RANCH Outside Entr /Exit • Sum. Pum, Window •e CASEMENT /GOOD Bath Wainscot TILE AVERAGE Year Built 1940 Evidence of • Infestation Storm Sash /Insulated HIGH IMPACT Car Storage • None Effective Age (Yrs) 20 Damsness II Settlement Screens YES AVG Driveway # of Cars 2 Attic None Heatini © FWA I. HWBB U Radiant Fuel ELEC Amenities • WoodStove(s) # R Fireplace(s) # • Fence 1 Drivewa Surface PAVERS • Garage # of Cars Drop Stair [ Stairs • Other $ Floor © Scuttle L Coolin. © Central Air Conditionin. [III Patio /Deck • Porch 111 Car•ort # of Cars Finished • Heated III Individual Other • Pool • Other 1111Att . Det. • Built -in N z Appliances © Refrigerator © Range /Oven X Dishwasher • Disposal U Microwave 0 Washer /Dryer • Other (describe) 5 Finished area above grade contains: 8 Rooms 3 Bedrooms 3 Bath(s) 2,870 Square Feet of Gross Living Area Above Grade > Additional features (special energy efficient items, etc.). iAND HARDWOOD FLOORS, GARAGE CONVERTED TO STANDARD ENERGY EFFICIENT ITEMS. KNOCK DOWN TEXTURED WALLS, OPEN BEAM CEILINGS, TILE COUNTERS, CERAMIC TILE STORAGE, SPLIT CENTRAL AIR-CONDITIONING AND HEAT, ENTRY AND REAR PORCHES. g Describe the condition of the property (including needed repairs, deterioration, renovations, remodeling, APPRAISERS ASSESSMENT OFTHE SUBJECTS CONDITION IS BASED UPON A CURSORY EXTERNAL etc.). THE APPRAISER IS NOT AN ENGINEER OR HOME INSPECTOR. THE AND INTERIOR INSPECTION AND THE APPRAISER HAS REPORTED ANY READILY APPARENT CONDITIONS. THE APPRAISER HAS NOT EXAMINED THE ROOF OR OTHER STRUCTURAL COMPONENTS, ELECTRICAL, PLUMBING OR OTHER SYSTEMS OR SUB - SYSTEMS , APPLIANCES OR AIR CONDITIONER AND MAKES NO REPRESENTATION AS REGARDS THEIR ACTUAL CONDITION OR REMAINING LIFE. DETAILED ASSESSMENT BY QUALIFIED INSPECTOR RECOMMENDED IF RELIABLE INFORMATION IS REQUIRED. Are there any physical deficiencies or adverse conditions that affect the livability, soundness, or structural integrity of the property? 0 Yes © No If Yes, OBSOLESCENCE. FUNCTIONAL FLOORPLAN, TYPICAL OF AREA AND AGE. THE SUBJECT IS AVERAGE QUALITY CONSTRUCTION OF TYPICAL DESIGN. THE SUBJECT describe. NO EXTERNAL APPEARS TO BE IN Proximity to Subject 0.09 miles N 0.40 miles SSE 0.34 miles N Sale Price $ $ 712,000 $ 500,000 - $ 530,000 Sale Price /Gross Liv. Area $ 0.00 sq. ft. $ 216.28 sq. ft, $ 191.50 sq. ft $ 196.30 sq. ft. Data Source(s) INSPECTION, ISC PUB RECS, MLS, ISCNet, PUB RECS, MLS, ISCNet, PUB RECS, MLS, ISCNet, Verification Source(s) REDI /PUBLIC REC OBSERVATION,DOM: 80 OBSERVATION,DOM: 905 OBSERVATION,DOM: 20 VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION ( -) $ Adjustment DESCRIPTION -( -) $ Adjustment DESCRIPTION (1$ Adjustment Sale or Financing Concessions CONVENTIONAL NONE CASH NONE CONVENTIONAL NONE CONVENTIONAL NONE Date of Sale /Time N/A 08/2010 - 24,000 08/2010 - 17,000 06/2010 - 26,000 Location SUBURBAN SUBURBAN SUBURBAN SUBURBAN Leasehold /Fee Simple FEE SIMPLE FEE SIMPLE FEE SIMPLE FEE SIMPLE Site 10495 SQ. FT 14200 Sq.Ft. -8,000 13688 Sq.Ft. -7,000 8925 Sq.Ft. +2,000 View S.HOMES /STR. S.HOMES /STR. S.HOMES /CANAL - 10,000 S.HOMES /STR. Design (Style) RANCH RANCH /AVERAGE RANCH /AVERAGE AVERAGE RANCH /AVERAGE AVERAGE Quality of Construction AVERAGE AVERAGE Actual Age 71A /20E 75A/ 15EFF \ - 75,000 76A/ 20EFF \ +50,000 65A/ 20EFF Condition ABOVE AVERAGE GOOD / AVERAGE / ABOVE AVERAGE Above Grade Room Count Gross Living Area 65.00 Total Bdrms Baths Total Bdrms Baths NO ADJ. Total Bdrms. Baths Total Bdrms Baths 8 3 3 9 4 3 9 3 1 3 9 4 3.5 -5,000 2,870 sq. ft. 3,292 sq. ft. - 27,400 2,611 sq. ft. 16,800 2,700 sq. ft. 11,100 Basement & Finished Rooms Below Grade NONE NONE NONE NONE NONE NONE NONE NONE U Functional Utility AVERAGE AVERAGE AVERAGE AVERAGE O Heating /Cooling CENTRAL HVAC CENTRAL HVAC CENTRAL HVAC CENTRAL HVAC cc Energy Efficient Items STANDARD STANDARD STANDARD STANDARD a. Q Garage /Carport 2 OPEN SPACES 2 CAR GARAGE - 10,000 2 OPEN SPACES 1 CAR GARAGE -5,000 z Porch /Patio /Deck ENTRY PORCH ENTRY PORCH ENTRY PORCH ENTRY PORCH 0 APPL /EQUIP /FEATURES SOME UPGRADES SUPERIOR -5,000 INFERIOR +5,000 SIMILAR .o SWIMMING POOL /SPA NONE INGROUND POOL - 15,000 INGROUND POOL - 15,000 NONE 2 8 Net Adjustment (Total) ©- $ 164,400 ©+ 0 - $ 22,800 ❑ + ©- $ 22,900 JAdjusted Sale Price N ofComparables Net Adj. - 23.1% Gross Adj. 23.1% $ 547,600 Net Adj. 4.6% Gross Adj. 24.2% $ 522,800 Net Adj. -4.3% Gross Adj. 9.3% $ 507,100 I © did ❑ did not research the sale or transfer history of the subject property and comparable sales. If not, explain THE SUBJECT SALES HISTORY WAS RESEARCHED THROUGH AVAILABLE PUBLIC RECORDS, MIS AND WITH THE HOMEOWNER, IF AVAILABLE. ALL REPORTED SALES DATA IS REPORTED. SOME MARKETING DATA MAY NOT BE AVAILABLE INCLUDING SALE BY OWNER. My research Q did © did not reveal any prior sales or transfers of the subject property for the three years prior to the effective date of this appraisal. Data source(s) PUBLIC RECORDS, ISCNet, MIS, REALQUEST My research Q did © did not reveal any prior sales or transfers of the comparable sales for the year prior to the date of sale of the comparable sale. Data source(s) PUBLIC RECORDS, ISCNet, MLS, REALQUEST Report the results of the research and analysis of the prior sale or transfer history of the subject property and comparable sales (report additional prior sales on page 3). ITEM SUBJECT COMPARABLE SALE NO. 1 COMPARABLE SALE NO. 2 COMPARABLE SALE NO. 3 Date of Prior Sale /Transfer 10/2007 09/2004 10/2003 02/2002 Price of Prior Sale /Transfer $825,000 $766,800 $629,000 $270,000 Data Source(s) PUB REC, ISCNet, MLS PUB REC, ISCNet, MLS PUB REC, ISCNet, MLS PUB REC, ISCNet, MIS Effective Date of Data Source(s) CURRENT CURRENT CURRENT CURRENT Analysis of prior sale or transfer history of the subject property and comparable sales EXCEPT AS NOTED, THE PRIOR SALES HISTORY OFTHE SUBJECT AND COMPARABLES APPEARS TO BE TYPICAL MARKET ACTIVITY. NO UNDUE INFLUENCES NOTED. THERE WERE NO PRIOR SALE OR TRANSFERS OFTHE SUBJECT WITHIN THE PAST 3 YEARS OR THE COMPARABLES WITHIN THE PAST YEAR OF THE CLOSING DATES. Summary of Sales Comparison Approach. See Attached Addendum Indicated Value by Sales Comparison Approach $ 525,000 Indicated Value by. Sales Comparison Approach $525,000 Cost Approach (if developed) $ 0 Income Approach (if developed) $ NOT APPLIED THE MARKET APPROACH IS CONSIDERED THE MOST RELIABLE INDICATOR OF THE CURRENT MARKET VALUE AND IS THE ONLY METHOD APPLIED. THE COST APPROACH, IF APPLIED, IS z SUPPORTIVE. HOMES ARE NOT TYPICALLY PURCHASED FOR THEIR INCOME POTENTIAL, RELIABLE INCOME AND EXPENSE DATA IS NOT READILY AVAILABLE AND THE INCOME - APPROACH IS NOT DEEMED APPROPRIATE. This appraisal is made e "as is," (J subject to completion per plans and specifications on the basis of a hypothetical condition that the improvements have been completed, • , n „_ -- REPLACEMENT OR REPRODUCTION COST FOR ANY DATE OTHER THAN THE EFFECTIVE DATE OFTHIS APPRAISAL DUE TO CHANGING COSTS OF LABOR AND MATERIALS AND DUE TO CHANGING BUILDING CODES, GOVERNMENT REGULATIONS AND REQUIREMENTS. H z w 2 2 0 U J Q z O P- -6 o COSTAPPl 0ACHT0 VALUE (not required by Fannie Mae) Provide adequate information for the lender /client to replicate the below cost figures and calculations. Support for the opinion of site value (summary of comparable land sales or other methods for estimating site value) NOT APPLICABLE U ESTIMATED ❑ REPRODUCTION OR © REPLACEMENT COST NEW OPINION OF SITE VALUE _ $ p Source of cost data MARSHALL & SWIFT RCH, BUILDER DATA, FILE DATA Dwelling Sq. Ft. @ $ = $ 0 a Quality rating from cost service Effective date of cost data Sq. Ft. @ $ = $ 0 a Comments on Cost Approach (gross living area calculations, depreciation, etc.) Garage /Carport 0 Sq. Ft. @ S 0 Total Estimate of Cost -New = $ 0 Less 0 Physical Functional External Depreciation = $ ( 0) Depreciated Cost of Improvements = $ 0 'As is Value of Site Improvements... = $ Estimated Remaining Economic Life (HUD and VA only) Years INDICATED VALUE BY COST APPROACH = $ 0 w INCOME APPROACH TO VALUE (notrequired by Fannie Mae) 20 Estimated Monthly Market Rent $ N/A X Gross Rent Multiplier N/A = $ NOT APPLIED Indicated Value by Income Approach z Summary of Income Approach (including support for market rent and GRM) THE INCOME APPROACH IS NOT CONSIDERED A RELIABLE INDICATOR OF CURRENT MARKET VALUE AND IS NOT APPLIED. PROJECT INFORMATION FOR PUDs (if applicable) Is the developer /builder in control of the Homeowners' Association (HOA)? o Yes 0 No Unit type(s) ❑ Detached ❑ Attached Provide the following information for PUDs ONLY if the developer /builder is in control of the HOA and the subject property is an attached dwelling unit. Legal name of project z Total number of phases Total number of units Total number of units sold o p Total number of units rented Total number of units for sale Data source(s) Q Was the project created by the conversion of an existing buildinq(s into a PUD? —0 Yes ❑ No If Yes, date of conversion. cc S Does the project contain any multi - dwelling units ? U1 Yes No Data source(s) z Are the units, common elements, and recreation facilities complete? ❑ Yes ❑ No If No, describe the status of completion. This appraisal report is subject to the following scope of work, intended use, intended user, definition of market value, statement of assumptions and limiting conditions, and certifications. Modifications, additions, or deletions to the intended use, intended user, definition of market value, or assumptions and limiting conditions are not permitted. The appraiser may expand the scope of work to include any additional research or analysis necessary based on the complexity of this appraisal assignment. Modifications or deletions to the certifications are also not permitted. However, additional certifications that do riot constitute material alterations to this appraisal report, such as those required by law or those related to the appraiser's continuing education or membership in an appraisal organization, are permitted. SCOPE OF WORK: The scope of work for this appraisal is defined by the complexity of this appraisal assignment and the reporting requirements of this appraisal report form, including the following definition of market value, statement of assumptions and limiting conditions, and certifications. The appraiser must, at a minimum: (1) perform a complete visual inspection of the interior and exterior areas of the subject property, (2) inspect the neighborhood, (3) inspect each of the comparable sales from at least the street, (4) research, verify, and analyze data from reliable public and /or private sources, and (5) report his or her analysis, opinions, and conclusions in this appraisal report. INTENDED USE: The intended use of this appraisal report is for the lender /client to evaluate the property that is the subject of this appraisal for a mortgage finance transaction. INTENDED USER: The intended user of this appraisal report is the lender /client. DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a competitive and open market under all conditions requisite to a 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 he or she considers his or her own best interest; (3) a reasonable time is allowed for exposure in the open market; (4) payment is made in terms of cash in U. S. dollars or in terms of financial arrangements comparable thereto; and (5) the price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions* granted by anyone associated with the sale. *Adjustments to the comparables must be made for special or creative financing or sales concessions. No adjustments are necessary for those costs which are normally paid by sellers as a result of tradition or law in a market area; these costs are readily identifiable since the seller pays these costs in virtually all sales transactions. Special or creative financing adjustments can be made to the comparable property by comparisons to financing terms offered by a third party institutional lender that is not already involved in the property or transaction. Any adjustment should not be calculated on a mechanical dollar for dollar cost of the financing or concession but the dollar amount of any adjustment should approximate the market's reaction to the financing or concessions based on the appraiser's judgment. STATEMENT OF ASSUMPTIONS AND LIMITING CONDITIONS: The appraiser's certification in this report is subject to the following assumptions and limiting conditions: 1. The appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the title to it, except for information that he or she became aware of during the research involved in performing this appraisal. The appraiser assumes that the title is good and marketable and will not render any opinions about the title. 2. The appraiser has provided a sketch in this appraisal report to show the approximate dimensions of the improvements. The sketch is included only to assist the reader in visualizing the property and understanding the appraiser's determination of its size. 3. The appraiser has examined the available flood maps that are provided by the Federal Emergency Management Agency (or other data sources) and has noted in this appraisal report whether any portion of the subject site is located in an identified Special Flood Hazard Area. Because the appraiser is not a surveyor, he or she makes no guarantees, express or implied, regarding this determination. 4. The appraiser will not give testimony or appear in court because he or she made an appraisal of the property in question, unless specific arrangements to do so have been made beforehand, or as otherwise required by law. 5. The appraiser has noted in this appraisal report any adverse conditions (such as needed repairs, deterioration, the presence of hazardous wastes, toxic substances, etc.) observed during the inspection of the subject property or that he or she became aware of during the research involved in performing this appraisal. Unless otherwise stated in this appraisal report, the appraiser has no knowledge of any hidden or unapparent physical deficiencies or adverse conditions of the property (such as, but not limited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) that would make the property less valuable, and has assumed that there are no such conditions and makes no guarantees or warranties, express or implied. The appraiser will not be responsible for any such conditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist. Because the appraiser is not an expert in the field of environmental hazards, this appraisal report must not be considered as an environmental assessment of the property. 6. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to satisfactory completion, repairs, or alterations on the assumption that the completion, repairs, or alterations of the subject property will be performed in a professional manner. appraisal report. 2. I performed a complete visual inspection of the interior and exterior areas of the subject property. I reported the condition of the improvements in factual, specific terms. 1 identified and reported the physical deficiencies that could affect the livability, soundness, or structural integrity of the property. 3. I performed this appraisal in accordance with the requirements of the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the time this appraisal report was prepared. 4. I developed my opinion of the market value of the real property that is the subject of this report based on the sales comparison approach to value. I have adequate comparable market data to develop a reliable sales comparison approach for this appraisal assignment. I further certify that I considered the cost and income approaches to value but did not develop them, unless otherwise indicated in this report. 5. I researched, verified, analyzed, and reported on any current agreement for sale for the subject property, any offering for sale of the subject property in the twelve months prior to the effective date of this appraisal, and the prior sales of the subject property for a minimum of three years prior to the effective date of this appraisal, unless otherwise indicated in this report. 6. I researched, verified, analyzed, and reported on the prior sales of the comparable sales for a minimum of one year prior to the date of sale of the comparable sale, unless otherwise indicated in this report. 7. I selected and used comparable sales that are locationally, physically, and functionally the most similar to the subject property. 8. I have not used comparable sales that were the result of combining a land sale with the contract purchase price of a home that has been built or will be built on the land. 9. I have reported adjustments to the comparable sales that reflect the markets reaction to the differences between the subject property and the comparable sales. 10. I verified, from a disinterested source, all information in this report that was provided by parties who have a financial interest in the sale or financing of the subject property. 11. I have knowledge and experience in appraising this type of property in this market area. 12. I am aware of, and have access to, the necessary and appropriate public and private data sources, such as multiple listing services, tax assessment records, public land records and other such data sources for the area in which the property is located. 13. I obtained the information, estimates, and opinions furnished by other parties and expressed in this appraisal report from reliable sources that I believe to be true and correct. 14. I have taken into consideration the factors that have an impact on value with respect to the subject neighborhood, subject property, and the proximity of the subject property to adverse influences in the development of my opinion of market value. I have noted in this appraisal report any adverse conditions (such as, but not limited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) observed during the inspection of the subject property or that I became aware of during the research involved in performing this appraisal. I have considered these adverse conditions in my analysis of the property value, and have reported on the effect of the conditions on the value and marketability of the subject property. 15. I have not knowingly withheld any significant information from this appraisal report and, to the best of my knowledge, all statements and information in this appraisal report are true and correct. 16. I stated in this appraisal report my own personal, unbiased, and professional analysis, opinions, and conclusions, which are subject only to the assumptions and limiting conditions in this appraisal report. 17. I have no present or prospective interest in the property that is the subject of this report, and I have no present or prospective personal interest or bias with respect to the participants in the transaction. I did not base, either partially or completely, my analysis and /or opinion of market value in this appraisal report on the race, color, religion, sex, age, marital status, handicap, familial status, or national origin of either the prospective owners or occupants of the subject property or of the present owners or occupants of the properties in the vicinity of the subject property or on any other basis prohibited by law. 18. My employment and /or compensation for performing this appraisal or any future or anticipated appraisals was not conditioned on any agreement or understanding, written or otherwise, that I would report (or present analysis supporting) a predetermined specific value, a predetermined minimum value, a range or direction in value, a value that favors the cause of any party, or the attainment of a specific result or occurrence of a specific subsequent event (such as approval of a pending mortgage loan application). 19. I personally prepared all conclusions and opinions about the real estate that were set forth in this appraisal report. If I relied on significant real property appraisal assistance from any individual or individuals in the performance of this appraisal or the preparation of this appraisal report, I have named such individual(s) and disclosed the specific tasks performed in this appraisal report. I certify that any individual so named is qualified to perform the tasks. I have not authorized anyone to make a change to any item in this appraisal report; therefore, any change made to this appraisal is unauthorized and I will take no responsibility for it. 20. I identified the lender /client in this appraisal report who is the individual, organization, or agent for the organization that ordered and will receive this appraisal report. ').1 Thn ... +h., .....t +h., h.,.- .- ...,.n.• 23. The borrower, another lender at the request of the borrower, the mortgagee or its successors and assigns, mortgage insurers, government sponsored enterprises, and other secondary market participants may rely on this appraisal report as part of any mortgage finance transaction that involves any one or more of these parties. 24. If this appraisal report was transmitted as an "electronic record" containing my "electronic signature," as those terms are defined in applicable federal and /or state laws (excluding audio and video recordings), or a facsimile transmission of this appraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable and valid as if a paper version of this appraisal report were delivered containing my original hand written signature. 25. Any intentional or negligent misrepresentation(s) contained in this appraisal report may result in civil liability and /or criminal penalties including, but not limited to, fine or imprisonment or both under the provisions of Title 18, United States Code, Section 1001, et seq., or similar state laws. SUPERVISORY APPRAISER'S CERTIFICATION: The Supervisory Appraiser certifies and agrees that: 1. I directly supervised the appraiser for this appraisal assignment, have read the appraisal report, and agree with the appraiser's analysis, opinions, statements, conclusions, and the appraiser's certification. 2. I accept full responsibility for the contents of this appraisal report including, but not limited to, the appraiser's analysis, opinions, statements, conclusions, and the appraiser's certification. 3. The appraiser identified in this appraisal report is either a sub - contractor or an employee of the supervisory appraiser (or the appraisal firm), is qualified to perform this appraisal, and is acceptable to perform this appraisal under the applicable state law. 4. This appraisal report complies with the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the time this appraisal report was prepared. 5. If this appraisal report was transmitted as an "electronic record" containing my "electronic signature," as those terms are defined in applicable federal and /or state laws (excluding audio and video recordings), or a facsimile transmission of this appraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable and valid as if a paper version of this appraisal report were delivered containing my original hand written signature. APPRAISER Signature Name WILLIAM L. SPINNLER Company Name c& K APPRAISAL, LLC Company Address 3250 N PALM AIRE DRIVE #307 POMPANO BEACH, FL33069 Telephone Number 954-495-0620 Email Address BSPINNLER @YAHOO.COM Date of Signature and Report 01/12/2011 Effective Date of Appraisal 01/08/2011 State Certification # ST.CERT.RES.REA RD 6330 or State License # or Other (describe) State # State FL Expiration Date of Certification or License 11/30/2012 STATE CERTIFIED RESIDENTIAL APPRAISER RD6330 ADDRESS OF PROPERTY APPRAISED 1041 NE 94 STREET MIAMI SHORES, FL 33138 APPRAISED VALUE OF SUBJECT PROPERTY $ 525,000 1 rkirlrn ir., II-Air SUPERVISORY APPRAISER (ONLY IF REQUIRED) Signature Name Company Name Company Address Telephone Number Email Address Date of Signature State Certification # or State License # State Expiration Date of Certification or License SUBJECT PROPERTY LI Did not inspect subject property ❑ Did inspect exterior of subject property from street Date of Inspection ❑ Did inspect interior and exterior of subject property Date of Inspection Sale Price /Gross Liv. Area $ 0.00 sq. ft. $ 161.20 sq. ft. $ 235.77 sq. ft. $ 179.71 sq.11. Data Source(s) INSPECTION, ISC PUB RECS, MIS, ISCNet, PUB RECS. MLS, ISCNet, PUB RECS, MLS, ISCNet, Verification Source(s) REDI /PUBLIC REC OBSERVATION,DOM: 51 OBSERVATION,DOM: 130 OBSERVATION,DOM. 168 VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION +( -) $ Adjustment DESCRIPTION +( -) $ Adjustment DESCRIPTION ( -) $ Adjustment Sale or Financing Concessions CONVENTIONAL NONE CASH NONE CONVENTIONAL NONE CONVENTIONAL NONE Date of Sale/Time N/A °` 08/2010 - 14,000 ACTIVE LISTING ( -10 %) - 72,500 ACTIVE LISTING ( -10 %) - 54,900 Location SUBURBAN SUBURBAN SUBURBAN SUBURBAN Leasehold /Fee Simple FEE SIMPLE FEE SIMPLE FEE SIMPLE FEE SIMPLE Site 10495 SQ. FT 9375 Sq.Ft. +2,000 8175 Sq.Ft. +4,000 9720 Sq.Ft. NO ADJ. View S.HOMES /STR. S.HOMES /STR. S.HOMES /STR. S.HOMES /STR. Design (Style) RANCH RANCH /AVERAGE RANCH /AVERAGE RANCH /AVERAGE Quality of Construction AVERAGE AVERAGE AVERAGE AVERAGE Actual Age 71A/20E 57A/ 25EFF \ +75,000 59A/ 20EFF \ - 50,000 50A /20EFF \ +50,000 Condition ABOVE AVERAGE AVERAGE / GOOD / AVERAGE / Above Grade Room Count Gross Living Area 65.00 Total Bdrms Baths Total Bdrms. Baths Total Bdrms. Baths Total Bdrms Baths 8 3 3 8 4 3 8 4 3.5 -5,000 8 4 3.5 -5,000 2,870 sq. ft. 2,652 sq. ft. 14,200 3,075 sq. ft. - 13,300 3,055 sq. ft. - 12,000 Basement & Finished Rooms Below Grade NONE NONE NONE NONE NONE NONE NONE NONE Functional Utility AVERAGE AVERAGE AVERAGE AVERAGE Heating /Cooling CENTRAL HVAC CENTRAL HVAC CENTRAL HVAC CENTRAL HVAC Energy Efficient Items STANDARD STANDARD STANDARD STANDARD Garage /Carport 2 OPEN SPACES 2 CAR GARAGE - 10,000 2 CAR GARAGE - 10,000 2 CAR GARAGE - 10,000 Porch /Patio /Deck ENTRY PORCH ENTRY PORCH ENTRY PORCH ENTRY PORCH APPL /EQUIP /FEATURES SOME UPGRADES INFERIOR +5,000 SUPERIOR -5,000 SUPERIOR -5,000 SWIMMING POOL /SPA NONE NONE NONE SCR. INGROUND POOL - 15,000 QNet Adjustment (Total) ©+ ri - $ 72,200 + - $ 151,800 ❑ + ©- $ 51,900 O 0- Adjusted Sale Price ofComparables Net Adj. 16.9% Gross Adj. 28.1% $ 499,700 Net Adj. -20.9% Gross Adj. 22.0% $ 573,200 Net Adj. -9.5% Gross Adj. 27.7% $ 497,100 Q ITEM SUBJECT COMPARABLE SALE NO. 4 COMPARABLE SALE NO 5 COMPARABLE SALE NO. 6 L 0 Date of Prior Sale /Transfer 10/2007 08/2002 07/2009 03/1994 a Price of Prior SalelTransfer 5825,000 NO AMOUNT RECORDED $205,000 5205,000 Data Source(s) PUB REC, ISCNet, MIS PUB REC, ISCNet, MLS PUB REC, ISCNet, MLS PUB REC, ISCNet, MLS O N w J Q N Effective Date of Data Source(s) CURRENT CURRENT CURRENT CURRENT Summary of Sales Comparison App oach SEE PREVIOUS COMMENTS KIRBYS ADD TO MIAMI SHORES PB 41 -44 LOT 8 LOT SIZE SITE VALUE OR 16233- 366101941 COC 26002- 416610 2007 1 JOSEPH ST THOMAS &W MYRA I (JOSEPH DECD OR 16233 -3670) JOHN P DAVIES &W ROXANE S OR 16233- 366101941 Neighborhood Description THIS IS PREDOMINATELY AN OWNER OCCUPIED RESIDENTIAL NEIGHBORHOOD. THE NEIGHBORHOOD HAS AVERAGE PROXIMITY TO EMPLOYMENT CENTERS AND AVERAGE ACCESS TO AMENITIES. EMPLOYMENT STABILITY IS AVERAGE. OVERALL APPEAL TO THE MARKET IS CONSIDERED AVERAGE. NO DETRIMENTAL FACTORS WERE FOUND THAT WOULD ADVERSELY EFFECT MARKETABILITY. COMMERCIAL AND MULTI - FAMILY PROPERTIES ALONG THE MAJOR STREETS IN THE NEIGHBORHOOD ARE NOT CONSIDERED ADVERSE. ALL PRIVATE AND PUBLIC COMMUNITY SERVICES ARE AVAILABLE WITHIN REASONABLE DISTANCES. THE SUBJECT IS LOCATED IN MIAMI SHORES, FLORIDA. Neighborhood Market Conditions VALUES FOR PROPERTIES FOR THIS NEIGHBORHOOD ARE CONSIDERED DECLINING DUE TOLESSENED DEMAND WITH RESULTANT INCREASE IN SUPPLY. THERE IS NO PREVALENCE OF SALES OR FINANCING CONCESSIONS FOUND IN THIS NEIGHBORHOOD. MARKETING TIME FOR REASONABLY PRICED HOMES IS WITHIN 6 MONTHS. CONVENTIONAL, FHA, AND VA FINANCING IS READILY AVAILABLE AT MARKET RATES. Comments on Sales Comparison THE COMPARABLES ARE REASONABLY SIMILAR HOMES LOCATED NEARBY AND WOULD BE CONSIDERED COMPETITIVE ALTERNATIVES TO POTENTIAL PURCHASERS. ADJUSTMENTS TO COMPARABLES WERE MADE FOR THE ADJUSTMENTS TO THE COMPARABLE SALES REFLECT THE MARKET'S REACTION TO THE DIFFERENCES BETWEEN THE SUBJECT PROPERTYAND THE COMPARABLE SALES. ALL THE COMPARABLE SALE ARE GIVEN CONSIDERATION WITH EMPHASIS TO THE MOST RECENT AND LEAST ADJUSTED. Extra Comments GENERAL COMMENTS, LIMITING STATEMENTS, AND DEFINITIONS ZONING CLASSIFICATION AND DESCRIPTION: THE ZONING CLASSIFICATION AS INDICATED IN THE TAX ROLLS AT THE DATE OF VALUE HAS BEEN REPORTED BY THE APPRAISER. THIS RESEARCH IS LIMITED TO WHAT IS INDICATED BY THE APPLICABLE ZONING AUTHORITY AS TO DESIGNATION AND DESCRIPTION AND DETAILED RESEARCH HAS NOT BEEN COMPLETED THAT WOULD INDICATE POSSIBLE VARIANCES OR UNREPORTED CHANGES. THE APPRAISER IS NOT AN EXPERT IN ZONING MATTERS AND SHOULD A MORE DEFINITIVE OPINION BE NEEDED IT IS RECOMMENDED THAT AN EXPERT IN ZONING BE CONTACTED. APPRAISAL STANDARDS BOARD CLARIFICATION OF ITEM 23 OF THE APPRAISERS CERTIFICATION: ACCORDING TO THE APPRAISAL STANDARDS BOARD (ASB) CLARIFICATION AND SUPPLEMENTATION IS REQUIRED BY THE APPRAISER CONCERNING THE APPRAISER'S CERTIFICATION ITEM 23. IN THIS REGARD, THE ASB HAS RECOMMENDED THE FOLLOWING STATEMENT IN ORDER NOT MISLED INTENDED USERS AND TO COMPLY WITH USPAP STANDARD RULE 2 -1(B). THIS STATEMENT HAS ALSO BEEN ACCEPTED BY FANNIE MAE: "THE INTENDED USER OF THIS APPRAISAL REPORT IS THE LENDER /CLIENT. THE INTENDED USE IS TO EVALUATE THE PROPERTY THAT IS THE SUBJECT OF THIS APPRAISAL FOR A MORTGAGE FINANCE TRANSACTION, SUBJECT TO THE STATED SCOPE OF WORK, PURPOSE OF THE APPRAISAL, REPORTING REQUIREMENTS OF THIS APPRAISAL REPORT FORM, AND DEFINITION OF MARKET VALUE. NO ADDITIONAL INTENDED USERS ARE IDENTIFIED BY THE APPRAISER." THE APPRAISER'S "COMPLETE VISUAL INSPECTION DEFINED ": THE APPRAISER HAS CONDUCTED A VISUAL INSPECTION OFTHE INTERIOR AND EXTERIOR OFTHE SUBJECT PROPERTY. THIS INCLUDES AND IS LIMITED TO "READILY OBSERVABLE CONDITIONS ". THE APPRAISER IS NOT EXPERT IN THE ASSESSMENT OF SUB - SYSTEMS AND COMPONENTS BUT HAS RELIED UPON "READILY OBSERVABLE EVIDENCE OF CONDITION ". SHOULD THERE BE A BASEMENT IS WILL BE INSPECTED. SHOULD THERE BE UNFINISHED ATTIC AN INSPECTION WILL NOT BE MADE. THERE MAY BE DEFICIENCIES OR OTHER CONDITIONS WHICH ARE NOT APPARENT. THE APPRAISER MAKES NO STATEMENTS REGARDING THE CONTINUED UTILITY OR SAFETY OFTHE STRUCTURAL, PLUMBING, ELECTRICAL, HVAC, APPLIANCES, CABINETRY, FIXTURES OR ANY SUB - SYSTEMS OR COMPONENTS. THE APPRAISER IN NO WAY WARRANTS THE CONDITION OF THESE ITEMS AND IT IS RECOMMENDED THAT IF A MORE DETAILED ASSESSMENT IS DESIRED A QUALIFIED HOME INSPECTOR, STRUCTURAL ENGINEER, ROOFING CONTRACTOR, PLUMBER, OR ELECTRICIAN BE CONSIDERED AS APPLICABLE TO THE SITUATION. PARAMETERS OFTHE SKETCH: THE SKETCH PRESENTED IN THIS REPORT IS BASED ON THE APPRAISERS MEASUREMENTS WHICH ARE ROUNDED TO THE NEAREST FOOT. THE METHOD OF CALCULATION USED MAY BE ONE OR ALL OF THE FOLLOWING DEVICES. MEASURING TAPE, MEASURING WHEEL, LASER OR SONIC MEASURING DEVICE. WHEREA SURVEY OR BUILDING PLANS ARE PROVIDED, MEASUREMENTS ARE ROUNDED TO THE NEAREST HALF FOOT. THE PURPOSE OF THE SKETCH IS TO ESTIMATE WITHIN REASONABLE STANDARDS THE SIZE OFTHE SUBJECT. IF MORE EXACT MEASUREMENTS ARE REQUIRED A LAND SURVEYOR OR ARCHITECT SHOULD BE CONSIDERED. SALES HISTORIES OF THE SUBJECTAND COMPARABLE SALES: EVERYATTEMPT HAS BEEN MADE TO PROVIDE A THREE YEAR SALES HISTORY FOR THE SUBJECT PROPERTYAND ONE YEAR SALES HISTORY FOR THE COMPARABLES. THIS INFORMATION HAS BEEN OBTAINED FROM PUBLIC RECORDS, MLS RECORDS, AND OTHER SOURCES WHEN AVAILABLE. THE APPRAISER CAN NOT BE HELD RESPONSIBLE FOR UNRECORDED SALES, INCORRECT INFORMATION IN THE SOURCES LISTED, OR OTHER INFORMATION NOT READILY AVAILABLE. LIMITING STATEMENT ON IDENTIFIED USER: THIS APPRAISAL REPORT IS PREPARED FOR THE SOLE AND EXCLUSIVE USE OFTHE APPRAISER'S CLIENT. ONCE A REPORT HAS BEEN PREPARED FOR AN IDENTIFIED USER , THE APPRAISER CANNOT READDRESS THE REPORT TO ANOTHER PARTY. MARKET VALUE DEFINED: THE "AS IS" MARKET VALUE OF THE PROPERTY REFLECTS ITS PHYSICAL CONDITION AND ANY LEGAL, ENVIRONMENTAL, AND /OR FINANCIAL FACTORS OR ENCUMBRANCES KNOWN TO IMPACT THE PROPERTY AT THE EFFECTIVE DATE OF THE APPRAISAL. THE APPRAISER IS RESPONSIBLE FOR EMPLOYING DUE DILIGENCE IN ACCOUNTING FOR ALL FACTORS NOT REPORTED BY THE CLIENT THAT ARE ITEMS OF PUBLIC RECORD (I.E. ZONING, TAXES, COVENANTS, CONDITION, RESTRICTION, ETC.). "AS IS" MARKET VALUE MUST REFLECT ALL ASSUMPTIONS OF THE MARKET VALUE DEFINITION AS ESTABLISHED IN FDIC REGULATION, 12 C.F.R. PART 323.2. THE SOURCE OF THE DEFINITION OF MARKET VALUE AS CITED IN THIS REPORT ON PAGE 4 IS FROM: Fannie Mae Selling Guidelines, Part XI, Para 205 which is presented below. If you are doing an FHA appraisal you might want to use the definition stated in FHA Handbook 4150.2, Para 4 -1A, page 4 -1. APPRAISER DIGITAL SIGNATURES: SOME OR ALL OFTHE SIGNATURES IN HIS REPORT MAY HAVE BEEN DIGITALLY GENERATED IN ACCORDANCE WITH THE REQUIREMENTS AND GUIDELINES ESTABLISHED BY FNMA, FREDDIE MAC, AND HUD. ALL ELECTRONIC SIGNATURES ARE PROTECTED BY SECURED PASSWORDS. PHOTOGRAPH CERTIFICATION THE PHOTOGRAPHS IN THIS REPORT ARE DIGITAL PHOTOS UTILIZING IMAGING TECHNOLOGY. THE APPRAISER HAS PERSONNALLY INSPECTED AND PHOTOGRAPHED THE SUBJECT, HOWEVER, SOME OFTHE COMPARABLES MAY HAVE BEEN DOWNLOADED FROM AN ON -LINE PROVIDER, WHICH BETTER DEPICTS THE COMPARABLES AT THE TIME OF SALE. THE PHOTOGRAPHS USED IN THIS APPRAISAL ARE A TRUE AND CORRECT REPRESENTATION OF THE SUBJECT PROPERTY AND THE COMPARABLE SALES UTILIZED IN THE REPORT. ALTHOUGH THE PHOTOGRAPHS MAY HAVE BEEN ENHANCED DURING THE FINISHING PROCESS. NO ALTERATIONS WERE MADE TO THE IMAGES WHICH WOULD MISREPRESENT THE APPEARANCE OF THE SUBJECT PROPERTY OR COMPARABLES. IT IS FURTHER STATED THAT IF COMPARABLES ARE LOCATED IN A GATED COMMUNITYACCES MAY HAVE NOT BEEN POSSIBLE AND EITHER A PHOTO OF A GATE OR A PHOTO FROM AVALIABLE SOURCES MAY HAVE BEEN UTILIZED. CERTAIN ITEMS NORMALLY FOUND IN RESIDENTIAL PROPERTIES ARE PERSONAL PROPERTY, WHICH CAN BE DEFINED AS THOSE ITEMS NOT PERMANENTLY ATTACHED OR AFFIXED TO THE REAL ESTATE. FROM TIME TO TIME PURCHASE /SALE CONTRACTS INCLUDE ITEMS OF PERSONAL PROPERTY AS PART OF THE CONTRACT AND SALES PRICE. THESE MIGHT INCLUDE SUCH ITEMS AS; REFRIGERATOR ABOVE GROUND SWIMMING POOLS COUNTERTOP MICROWAVE OVENS FURNITURE ABOVE GROUND JACUZZI WINDOW TREATMENTS WASHER /DRYER /WINDOW AIR CONDITIONERS MOVABLE DISHWASHERS RECREATIONAL ITEMS MOVABLE STORAGE SHEDS WHERE POSSIBLE, CHECK BOXES ON THE FORM ARE UTILIZED TO INDICATE PERSONAL ITEMS BYA (P). OTHERS WILL BE INDICATED IN THE COMMENTS SECTION. PERSONAL ITEMS ARE NOT INCLUDED IN REAL PROPERTY APPRAISALS AND AS SUCH ARE NOT INCLUDED IN THE FINAL MARKET VALUE INDICATION IN THIS REPORT. COMPARABLE GROSS LIVING AREA ESTIMATES: COUNTY PUBLIC RECORDS (TAX ROLLS) TYPICALLY PROVIDES THE GROSS BUILDING AREA AND LIVING AREA OF HOMES. THIS APPRAISAL UTILIZES THE INFORMATION OBTAINED FROM PUBLIC RECORD WITHIN THE MARKET ANALYSIS FOR BOTH THE SUBJECT AND THE COMPARABLES SALES. WHERE NECESSARY, THE APPRAISER HAS MADE CHANGES TO THIS INFORMATION FOR DIFFERENCES OBSERVED, MEASURED, OR OBTAINED THROUGH RELIABLE SOURCES TO THE BEST OF THE APPRAISER'S ABILITY. THE SUBJECT SIZE HAS BEEN MEASURED AND CALCULATED BY THE APPRAISER, USING MEASUREMENT DEVISES, SURVEYS OR BUILDING PLANS WHEN AVAILABLE. HOWEVER, THE APPRAISER HAS NOT MEASURED THE COMPARABLE SALES OR HAD BENEFIT OF A SURVEY. ANY LARGE DIFFERENCES IN WHAT IS REPORTED ON THE TAX ROLLS COULD EFFECT THE RESULTS OF THE REPORT. FLOOD ZONE DETERMINATION: THE FLOOD ZONE INFORMATION INDICATED IN THIS REPORT DOES NOT DIRECTLY ADDRESS THE QUESTION OF WHETHER OR NOT THE SUBJECT PROPERTY REQUIRES FLOOD INSURANCE. THE INFORMATION SHOWN WAS OBTAINED FROM FLOOD INSURANCE RATE MAPS (FIRM) ISSUED BY THE NATIONAL FLOOD INSURANCE PROGRAM (NIP) OFTHE FEDERAL EMERGENCY AGENCY (FEMA). IN THE CASE WHERE THE SUBJECT PROPERTY LIES ON OR NEAR A ZONE BOUNDARY THE MOST HAZARDOUS ZONE WILL BE INDICATED. FINAL DETERMINATION SHOULD ALWAYS BE ESTABLISHED BYA PROPERTY ENGINEERING SURVEY, INDICATING FLOOD ELEVATIONS. SITE SIZE CONSIDERATIONS: THE SITE SIZE HAS BEEN ESTABLISHED THROUGH PUBLIC RECORDS, PUBLISHED PLATS, AND ON LINE SERVICES SUCH AS REEPAND MLS. WHEN A SURVEY IS AVAILABLE, THESE DIMENSIONS WILL BE USED OVER OTHER SOURCES. WHEN USING SOURCES OTHER THAN A SURVEY, THE INFORMATION IS DEEMED TO BE CORRECT, IF AN ACTUAL SURVEY OFTHE PROPERTY INDICATES A SUBSTANTIALLY DIFFERENT SIZE, MARKET VALUE MAYBE EFFECTED. PROPERTY CONDITION: THE APPRAISER IS NOT EXPERT IN THE ASSESSMENT OF SUB - SYSTEMS AND COMPONENTS BUT HAS RELIED ONLY UPON "READILY OBSERVABLE" EVIDENCE OF CONDITION. THERE MAY BE DEFICIENCIES OR OTHER CONDITIONS WHICH ARE NOT APPARENT. THE APPRAISER MAKES NO STATEMENTS REGARDING THE CONTINUED UTILITY OF THE STRUCTURAL, PLUMBING, ELECTRICAL, HVAC, APPLIANCES, CABINETRY, FIXTURES OR ANY SUB - SYSTEMS OR COMPONENTS. THE APPRAISER IN NO WAY WARRANTS THE CONDITION OF THESE ITEMS AND IT IS RECOMMENDED THAT IFA MORE DETAILED ASSESSMENT IS DESIRED A QUALIFIED HOME INSPECTOR BE CONSIDERED, PLUMBER, ELECTRICIAN, STRUCTURAL ENGINEER, . ENVIRONMENTAL CONSIDERATIONS: THE VALUE ESTIMATE IS BASED ON THE ASSUMPTION THAT THE PROPERTY IS NOT NEGATIVELY AFFECTED BY THE EXISTENCE OF HAZARDOUS SUBSTANCES OR DETRIMENTAL ENVIRONMENTAL CONDITIONS UNLESS OTHERWISE STATED IN THIS REPORT. THE APPRAISER IS NOT AN EXPERT IN THE IDENTIFICATION OF HAZARDOUS SUBSTANCES OR DETRIMENTAL ENVIRONMENTAL CONDITIONS. THE APPRAISER'S ROUTINE INSPECTION OF "READILY OBSERVABLE CONDITIONS" AND INQUIRIES ABOUT HE SUBJECT PROPERTY DID NOT DEVELOP ANY INFORMATION THAT INDICATED ANY APPARENT SIGNIFICANT HAZARDOUS SUBSTANCES OR DETRIMENTAL ENVIRONMENTAL CONDITIONS WHICH WOULD AFFECT THE PROPERTY NEGATIVELY UNLESS OTHERWISE STATED IN THE REPORT. IT IS POSSIBLE THAT TESTS AND INSPECTIONS MADE BYA QUALIFIED HAZARDOUS SUBSTANCES AND ENVIRONMENTAL EXPERT WOULD REVEAL THE EXISTENCE OF HAZARDOUS SUBSTANCES OR DETRIMENTAL ENVIRONMENTAL CONDITIONS ON OR APPRAISAL INSTITUTE CERTIFICATION: I CERTIFY THAT THE USE OF THIS REPORT IS SUBJECT TO THE REQUIREMENTS OF THE APPRAISAL INSTITUTE RELATING TO REVIEW BY ITS DULY AUTHORIZED REPRESENTATIVES. IN ADDITION,I CERTIFY THAT, TO THE BEST OF MY KNOWLEDGE AND BELIEF, THE REPORTED ANALYSIS, OPINIONS, AND CONCLUSIONS WERE DEVELOPED, AND THIS REPORT WAS PREPARED, IN CONFORMITY WITH THE REQUIREMENTS OFTHE CODE OF PROFESSIONAL ETHICS AND THE STANDARDS OF PROFESSIONAL APPRAISAL PRACTICE OF THE APPRAISAL INSTITUTE. AS OFTHE DATE OF THIS REPORT, WILLIAM SPINNLER HAS COMPLETED THE REQUIREMENTS OFTHE CONTINUING EDUCATION PROGRAM OF THE APPRAISAL INSTITUTE. THE SCOPE OF THIS APPRAISAL IS BASED ON A PREARRANGED AGREEMENT WITH THE INTENDED USER(S) OF THIS REPORT. THE "INTENDED USER" OF THIS APPRAISAL IS THE CLIENT AS NOTED IN THIS REPORT. NO OTHER INTENDED USER(S) WERE IDENTIFIED BY THE CLIENT AS OF THE EFFECTIVE DATE OF THE APPRAISAL. THE SCOPE OF WORK BY THE APPRAISER IS FOR THE PURPOSE OF DEVELOPING AN OPINION OF VALUE TO ASSIST THE LENDER /CLIENT WITH THE MORTGAGE DECISION. ALTHOUGH FANNIE MAE'S REPORT FORM STATES THE BORROWER AND OTHER THIRD PARTIES "MAY RELY" UPON THIS REPORT, THE USE OF THIS REPORT BY OTHER PARTIES AND / OR FOR ANY OTHER PURPOSE 1S NOT INTENDED BY THE APPRAISER. PURSUANT TO USPAP SR1 -1A, THIS APPRAISAL IS DEVELOPED STRICTLY AND SOLELY IN ACCORDANCE WITH THE "INTENDED USE" COMMUNICATED TO THE APPRAISER AT THE TIME OF ENGAGEMENT. PARTIES OTHER THAN THE ORIGINAL CLIENT AND / OR THAT CLIENT'S TARGETED FUNDING SOURCE ARE ADVISED THAT THE SCOPE OF WORK UTILIZED, AND THE ANALYSIS AND RESULTING APPRAISAL REPORT HAVE BEEN UNDERTAKEN WITHIN THE IDENTIFIED USER'S POLICIES AND UNDERWRITING GUIDELINES. ANY OTHER PARTY WHICH RELIES ON THE APPRAISAL REPORT IS HEREBY ADVISED THAT THEIR POLICIES AND UNDERWRITING GUIDELINES MAY DIFFER FROM THOSE OFTHE INTENDED USER NAMED IN THIS REPORT, AND FOR THAT REASON ARE CAUTIONED, IF THEY RELY ON THIS REPORT THEY DO SO AT THEIR OWN RISK. FURTHERMORE, THE APPRAISER IS NOT OBLIGATED, NOT PERMITTED UNDER USPAP (UNIFORM STANDARDS OF PROFESSIONAL APPRAISAL PRACTICE), TO DISCUSS, ACKNOWLEDGE, ANSWER OR REPLY TO QUESTIONS FROM ANYONE OTHER THAN THE IDENTIFIED USER NOTED IN THIS REPORT. IN ADDITION, THE BORROWER(S) RELIANCE ON THIS APPRAISAL REPORT IS STRICTLY LIMITED TO IT'S USE AS PART OF THE DECISION MAKING PROCESS BY THEIR LENDER FOR THE MORTGAGE FINANCE TRANSACTION. IF A THIRD PARTY TO THIS APPRAISER - CLIENT RELATIONSHIP DESIRES AN APPRAISAL FOR THEIR OWN USES, THEY ARE URGED TO SEEK ONE DEVELOPED SPECIFICALLY FOR THEIR OWN USES FROM A COMPETENT AND APPROPRIATELY LICENSED /CERTIFIED APPRAISER. THE APPRAISER NOTED IN THIS ASSIGNMENT CANNOT ACCEPT RESPONSIBILITY FOR USES NOT OTHERWISE IDENTIFIED AT THE TIME OF ENGAGEMENT MY COMPARABLE SEARCH AND RESULTS MY COMPARABLE RESEARCH WAS PER USPAP GUIDELINES. COMPARABLES UTILIZED WERE WITHIN 1 MILE OF SUBJECT LOCATED IN SAME AND/OR COMPETING DEVELOPMENT. SAME UTILITY OF BEDROOM, BATHROOM COUNT, SIMILAR SQUARE FOOTAGE AND CONDITION. ADDITIONAL COMMENTS FRONT VIEW OF SUBJECT PROPERTY Date: January 8, 2011 REARVIEW OF SUBJECT PROPERTY STREET SCENE FAMILY ROOM SUBJECT PROPERTY KITCHEN SUBJECT PROPERTY BATH SUBJECT PROPERTY BATHROOM SUBJECT PROPERTY BEDROOM SUBJECT PROPERTY BATH ROOM SUBJECT PROPERTY BEDROOM SUBJECT PROPERTY AIR HANDLER SUBJECT PROPERTY SIDE VIEW SUBJECT PROPERTY ELECTRIC PANEL SUBJECT PROPERTY SIDE VIEW 24' 27' ih Storage Sketch by Apex Medina'" Den Kitchen Breakfast Foyer Family Room Bath Dining Living Room 21' 20' 17' Comments: AREA CALCULATIONS SUMMARY Code Description Net Size. LIVING AREA BREAKDOWN Net Totals Breakdown Subtotals GLA1 First Floor OTH Storage 2870.5 504.0 2870.5 504.0 First Floor 47.0 3.0 21.0 9.0 11.0 3.0 3.0 0.5 x 3.0 21.0 20.0 45.0 50.0 17.0 38.0 41.0 3.0 987.0 60.0 945.0 450.0 187.0 114.0 123.0 4.5 9 NE IS N`c ^v ysiq E 1G' Comparable Sale 3 1140 NE 100th St Miami Shores, FL 33138 -2602 (034 miles N) Comparable Sale 4 1041 NE 96th St Miami Shores, FL 33138 -2551 (0.13 miles N) E 98th St 2. Comparable Sale 6 1341 NE 103rd St Miami Shores, FL 33138 -2623 (0.68' miles NE) Comparable Sale 5 1271 NE 97th St Miami Shores, FL 33138 -2559 (0.33 miles NE) Comparable Sale 1 1040 NE 96th St Miami Shores, FL 33138 -2552 (0.09 miles N) Subject 1041 NE 94th St Miami Shores, FL 33138 -2944 A S 4 Comparable Sale 2 1112 NE 89th St Miami Shores, FL 33138 -3481 (0.40 miles SSE) $1 Miami.:.. Pei =man ex COMPARABLE SALE #1 1040 NE 96 STREET MIAMI SHORES Sale Date: 08/2010 Sale Price: $ 712,000 COMPARABLE SALE #2 1112 NE89 STREET MIAMI SHORES Sale Date: 08/2010 Sale Price: $ 500,000 COMPARABLE SALE #3 1140 NE 100 STREET MIAMI SHORES Sale Date: 06/2010 Sale Price: $ 530,000 COMPARABLE SALE #4 1041 NE 96 STREET MIAMI SHORES Sale Date: 08/2010 Sale Price: $ 427,500 COMPARABLE SALE #5 1271 NE 97 STREET MIAMI SHORES Sale Date: ACTIVE LISTING ( -10 %) Sale Price: $ 725,000 COMPARABLE SALE #6 1341 NE 103 STREET MIAMI SHORES Sale Date: ACTIVE LISTING ( -10 %) Sale Price: $ 549,000 BATCH NUMBER C & KAPPRAISALS Certified Real Estate Appraiser Ft Lauderdale, Florida June 2003 to present ° Research subject property and comparable sales utilizing Multiple Listing Service, Criss Cross, ISC and CountyAudltor ° Compile and prepare data to perform field work o Locate, measure, and photograph subject and comparables In the field o Generate report usingAlamode (WInTOTAL) and ACI utilizing data gathered In field ° Produce a sketch utilizing Apex sketch program ° Commercial Insurance valuation reports ° FHA Certified "Marshall/Swift Certified "Single Family, Multi Family, Commercial Replacement Cost B & C ENTERPRISES, LLP. Lakewood, Ohlo Real Estate investment January 2004to present ° Locate, purchase, rehabilitate and sell real estate for profit SPINNLER CONTACTING, INC. Burton, Ohlo President June 1987 to December 2003 ° Maintain a crew of 3-7 Individuals ° Personnel management, training, customer relations, scheduling, advertising, bidding, procurement of materials, and collections ° Responsible for obtaining permits for building and remodeling projects BURTON FIRE DEPARTMENT &TROY FIRE DEPARTMENT Burton, Ohio and Troy, Montana Arson Investigator /Fireman /EMT 1980-1995 ° Investigate structure fires for cause and origin for county team and local district, extinguish structure fires, rescue squad EMT ° Position was volunteer MEEKS LOGGING Troy, Montana Timber Feller August 1984 to August 1986 ° Fell timber in the forest to be transported to the saw mills ° Determine best utilization of felled timber for various wood products U.S. FOREST SERVICE (USDA) Libby, Montana Timber Sales Forman June 1976 to December 1983 ° Timber sale foreman (sales under 1.5 mmbf), managed crew of 5-20 people, maintain wilderness trails, wild fire suppression ° Write environmental assessments and timber value appraisals o Duties Included determining areas to harvest timber, sale layout and design, cruise timber to determine board feet, silviculture! studies EDUCATIONAL BACKGROUND GOLD COAST PROFESSIONAL SCHOOLS Real Estate Appraisal Class GOLD COAST PROFESSIONAL SCHOOLS Real Estate Appraisal Class HONDROS COLLEGE Real Estate Appraisal Classes KALISPELLCOMMUNITY COLLEGE Earned a ForestryTechniclan Degree LAKELAND COMMUNITY COLLEGE Undergraduate Studies KENT STATE UNIVERSITY Undergraduate Studies Tamarac, Florida October 2007 Tamarac, Florida July 2006 Independence, Ohio January 2004 to February 2004 Kalispell, Montana September 1979 to May 1981 Mentor, Ohio January 1996 to June 1976 Kent, Ohlo August 1974 to June 1975 Miami Shores Village Building Department 10050 N.E.2nd Avenue Miami Shores, Florida 33138 Tel: (305) 795.2204 Fax: (305) 756.8972 CONTRACTORS' REGISTRATION FORM ALL CONTRACTORS MUST PROVIDE COPIES OF LICENCES AND INSURANCES EACH TIME A PERMIT IS SUBMITTED OR THE VILLAGE MAY MAINTAIN A FILE WITH YOUR INFORMATION FOR A $30.00 FEE PER YEAR. IF CONTRACTOR IS A FLORIDA STATE CERTIFIED CONTRACTOR: A. x COPY OF QUALIFIER'S STATE LIC CARD B. x COPY OF LOCAL BUSINESS TAX RECEIPT C. x COPY OF LIABILITY INSURANCE (CERTIFICATE HOLDER TO BE MIAMI SHORES VILLAGE BLDG DEPT) D. x COPY OF WORKERS COMPENSATION (EITHER CERTIFICATE OR EXCEMPTION) IF CONTRACTOR HAS A MIAMI DADE COUNTY CERTIFICATE OF COMPETENCY: A. COPY OF CERTIFICE OF COMPETENCY OF QUALIFIER B. COPY OF MIAMI DADE COUNTY MUNICIPAL CONTRACTOR'S TAX RECEIPT C. COPY OF LIABILITY INSURACE (CERTIFICATE HOLDER MUST BE MIAMI SHORES VILLAGE BLDG DEPT) D. COPY OF WORKER COMP INSURANCE (EITHER CERTIFICATE OR EXEMPTION) YOUR INSURANCE COMPANY MUST ISSUE A CERTIFICATE HOLDER AS FOLLOW: MIAMI SHORES VILLAGE BLDG DEPT 10050 NE 2ND AVE MIAMI SHORES, FL 33138 COMPLETE CONTRACTOR'S INFORMATION BUSINESS NAME: Liberty South Construction Services, Inc. BUSINESS ADDRESS: One Harvard Circle, Suite 100 CITY West Palm Beach STATE Florida ZIP CODE 33409 BUSINESS PHONE: ( 561 ) 282 -3750 FAX NUMBER ( 561 ) 273 -1859 CELL PHONE ( 561 ) 248 -8156 QUALIFIER'S NAME: Gary Douglas Armstrong QUALIFIER'S LIC NUMBER: CGC 1517274 E -MAIL ADDRESS (IF APPLICABLE): oarmstrong @suffolkconstruction.com Created on 3119109 BY MLDV 1 RV 3126109 MLDV STATE OF FLORIDA DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION CONSTRUCTION INDUSTRY LICENSING BOARD (850) 487 -1395 1940 NORTH MONROE STREET TALLAHASSEE FL 32399 -0783 . ARMSTRONG, GARY DOUGLAS LIBERTY SOUTH CONSTRUCTION SERVICES INC 184 EAST HAMPTON WAY JUPITER FL 33458 Congratulations! With this license you become one of the nearly one million Floridians licensed by the Department of Business and Professional Regulation. Our professionals and businesses range from architects to yacht brokers, from boxers to barbeque restaurants, and they keep Florida's economy strong. Every day we work to improve the way we do business in order to serve you better. For information about our services, please log onto www.myfloridallicense.com. There you can find more information about our divisions and the regulations that impact you, subscribe to department newsletters and leam more about the Department's initiatives. Our mission at the Department is: License Efficiently, Regulate Fairly. We constantly strive to serve you better so that you can serve your customers. Thank you for doing business in Florida, and congratulations on your new license! r DETACH HERE u ors J 1 :°t 0073 ANNE M. GAtie N (). P.O. Box 3353, West Palm Beach, FL 33402 -3353 aiwi*1 jai BOLLECT R www.taxcollectorpbc.com Tel: (561) 355 -2272 Emphrg Fan .i Comity **,LOCATED AT 1 HARVARD CIR WEST PALM BEACH, FL 33409- 1923 TYPE OF BUSINESS CERTIFICATION RECEIPT BILL It 23-0051 GENERAL CONTRACTOR ARMSTRONG GARY CGC1517274 08116/11/ - $27.50 B40154525 This document Is valid only when receipted by the Tax Collector's Office. LIBERTY SOUTH CONSTRUCTION- SERVICES INC LIBERTY SOUTIfiCONSTRUCTIONSERVICES INC 1 HARVARD CIR WEST PALM BEACH, FL 33409 -1923 lIIIuIIILrir 'lllrl,IJ,,uIu1IIrIuhILLuIIr Dear Business owner: STATE OF FLORIDA PALM BEACH COUNTY 2011/2012 LOCAL BUSINESS TAX RECEIPT LBTR" Number: 201102931 EXPIRES: SEPTEMBER 30, 2012 This receipt does not constitute a franchise, agreement, permission of authority to perform the services or operate the business described herein when a franchise, agreement or other county commission, state or federal permission of authority is required by county, state of federal law. yt Your new local business' tax n�eiptison the reverse Side Verily this informs oq and display it conspicuously at your place of business, open to the view of the public: ` >' ,. This `receipt is `in; addition to and not in lieu to any license required by law or city ordinance and is subject to regulations of zoning, health and` any other lawful authority (County Ordinance Number 72 -7) Receipts °may be. transferred to ii new owner when evidence _of a saleiS provided the on inal recei r fee is paid. g pt is surrendered and a transfer Receipts may be- transferred to a new locatiomwhen proof of- zoning approval faprovided, the oilginal receipt is surrendered and a transfer fee is paid. ; .a Business nary change_requttes a view ,Local Business Tax Receipt. Therefore aenew LOCAL BUSINESS TAX APPLICATION, (PBCTC FORM M)s proof of b0giess name change recgistl etiorn with the state and proper fees would be required. This receipt a Ores on September 30 ,2g12r enewal notices are sent at 10.! end of dune ,if.you do not r please,contacf ours ffiod gg` * I hope you havee successful year.,. Constitutional Tax Collector, Serving Palm Beach County CEVEncr's AUG '2 4 2011 SUFFOLK CONSTRUCTION CO CERTIFICATE OF LIABILITY INSURANCE I DATE (MM/ D9l22/2011 Y) 2011 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(les) must be endorsed. If SUBROGATION 15 WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in Ileu of such endorsement(s). PRODUCER Aon Risk Services Northeast, Inc. Boston MA Office One Federal street Boston MA 02110 USA CONTACT (NCNNo. �); (866) 283 -7122 I FAX No.): (847) 953 -5390 EMAIL ADDRESS: INSURER(S) AFFORDING COVERAGE NAIL # INSURED Liberty South construction Services One Harvard Circle, suite 100 west Palm Beach FL 33409 USA INSURER A: National union Fire Iris Co of Pittsburgh 19445 INSURER B: Insurance Company of the state of PA 19429 INSURER C: $100,000 INSURER 0: $10,000 INSURER E: $1,000,000 INSURER F: COVERAGES CERTIFICATE NUMBER: 570043822847 REVISION NUMBER: THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. Limits shown are as requested R TYPE OF INSURANCE IN R S POLICY NUMBER GL4871143 General Liability (POLICYYEEFFFF 08/30/201108/30 IMPOOUCO n 012 UMW GENERAL LIABILITY EACH OCCURRENCE $1,000,000 X _ X COMMERCIAL GENERAL LIABILITY CLAIMS -MADE X OCCUR Per Project DAMAGE TO RENTED PREMISES (Ea occurrence) $100,000 MED EXP (Any one person) $10,000 PERSONAL & ADV INJURY $1,000,000 GENERAL AGGREGATE $2,000,000 GEN'L AGGREGATE LIMIT APPLIES 7 POLICY Ii1 PFC n PER LOC PRODUCTS - COMP /OP AGG $2,000,000 A AUTOMOBILE LIABILITY CA 1707371 Auto Li abi 1 i ty 08/30/201108/30 /2012 COMBINED SINGLE LIMIT (Ea accident) $1,000,000 _ X — _ X ANY AUTO BODILY INJURY ( Per person) ALL OWNED AUTOS HIRED AUTOS — _ X _ SCHEDULED AUTOS NON -OWNED AUTOS BODILY INJURY (Per accident) PROPERTY DAMAGE (Per accident) A X UMBRELLAUIB EXCESS LIAB X OCCUR CLAIMS -MADE 8766088 08/30/201108/30 /2012 EACHOCCURRENCE $3,000,000 AGGREGATE $6,000,000 DED I 'RETENTION B WORKERS CCOMPENSATION AND N/A wCO20635650 workers Compensation 08/30/2011 08/30 /2012 X I TORY NAT- I IER ANY PROPRIETOR / PARTNER I EXECUTIVE Y/N OFFICER/MEMBER EXCLUDED? N (Mandatory In NH) E.L. EACH ACCIDENT $1,000,000 E.L DISEASE -EA EMPLOYEE $1,000,000 If yes, describe under DESCRIPTION OF OPERATIONS below E.L. DISEASE - POLICY LIMIT $1,000,000 DESCRIPTION OF OPERATIONS / LOCATIONS / VEHICLES (Attach ACORD 101, Addltlonal Remarks Schedule, H more space Is required) Miami Shores Village Building Dept is included as additional insured with respect to general liability where required by written contract. A waiver of subrogation is granted in favor of the additional insured with respect to General Liability, Auto Liability and Workers Compensation Policies where required by written contract. CERTIFICATE HOLDER CANCELLATION Miami Shores village Building Dept 10050 NE 2nd Ave Miami shores FL 33138 USA SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS. Holder Identifier 2 0 Certlflcate No AUTHORIZED REPRESENTATIVE ©1988 -2010 ACORD CORPORATION. All rights reserved. ACORD 25 (2010 /05) The ACORD name and logo are registered marks of ACORD ARS EIWIIWNMEAITA 4, ,NC. Environmental Consuttinq Services Asbestos Business License #ZA- 0000164 Asbestos Consulting • Radon Measurements • Lead Assessments • Indoor Air 0uatity Testing • Motel Investigations Today's Date: 9/6/2011 Project Number: 20111288 Page 1 of 10 Prepared For. Henry Posudas Liberty South Construction 1 Harvard Circle, #100 West Palm Beach, Fl 33409 Job Site: Residential Dwelling Limited To Bathroom And Kitchen 1041 Ne 94th Street Mllami Shores, Fl 33138 Asbestos Survey — Project Summary Pursuant to your request; ARS Environmental, Inc., has performed an Asbestos Building Survey on 9/6/2011 and limited to the above referenced location. The Interior of the above referenced location was visually inspected to identify building materials that may contain asbestos. Suspect materials were collected and samples sent to laboratory for analysis. The Exterior/Roof was not sampled. If the Exterior/Roof system will be disturbed by renovation or demolition samples of the materials that will be affected should be obtained and analyzed to determine asbestos content prior to any disturbance. Laboratory Results Based On The Laboratory Analysis, No Asbestos Was Detected In Amounts Greater Than 1% In The Secured Bulk Samples. It has been a pleasure working with you. Please call on us again. Regards, ex Front, ARS Environmental, Inc. 10097 Cleary Boulevard • #305 • Plantation, FL 33324 • Phone: 954- 227 -2402 • Far 866 -816 -5110 cvwu.arsenvironmentat.com • sates@arsenvironmentatcom An EIWIIWNMEIVTAL, Environmental Consulting Services Asbestos Business License #ZA- 0000164 Asbestos Consulting • Radon Measurements • Lead Assessments • Indoor Air Quality Testing • Mold Investigations Today's Date: 9/6/2011 Project Number: 20111288 Page 2 of 10 Prepared For. Henry Posudas Liberty South Construction 1 Harvard Circle, #100 West Palm Beach, Fl 33409 Job Site: Residential Dwelling Limited To Bathroom And Kitchen 1041 Ne 94th Street Miami Shores, F133138 Asbestos Survey — Certification I, Timothy performed CFR, Part F. Caughey, hereby certify that this asbestos survey was conducted at the above referenced Job Site on 9/6/2011, and by Alex Front, accredited by the EPA as AHERA Inspector(s), utilizing the code of the Federal Regulation Standards, 40 763, Subpart E, Section 763.80 - 763.99 and the State Asbestos Regulations, Florida Statutes 469.003. AC# A 5 q 3 8 21 STATE OF FLORIDA DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION SEQ#L09091603687 DATE BATCH NUMBER 09/16/2009 098043726 LICENSE NBR ZA0000164 The ASBESTOS BUSINESS ORGANIZATION Named below IS LICENSED Under the provisions of Chapter 469 FS. Expiration date: NOV 30, 2011 ARS ENVIRONMENTAL, INC. TIMOTHY CAUGHEY 10097 CLEARY BOULEVARD PLANTATION FL 33324 CHARLIE CRIST CHARLES W. DRAGO GOVERNOR SECRETARY DISPLAY AS REQUIRED BY LAW 71,..- ,41' Timothy F. Caughey, M.P.H. Florida Licensed Consultant 10097 Cleary Boulevard • #305 • Plantation, FL 33324 • Phone: 954- 227 -2402 • Fax: 866 - 816 -5110 cvcvui.arsenvironmentalcom • sales@arsenvironmentaLcom ARS EIVC'IIWNMENTAL, ,NC. Encironmentat Consulting Services Asbestos Business License #ZA- 0000164 Asbestos Consulting • Radon Measurements • Lead Assessments • Indoor Air Quality Testing • Mold lnnestigations Today's Date: 9/6/2011 Project Number: 20111288 Page 3 of 10 Prepared For Henry Posudas Liberty South Construction 1 Harvard Circle, #100 West Palm Beach, F133409 Job Site: Residential Dwelling Limited To Bathroom And Kitchen 1041 Ne 94th Street Miami Shores, F133138 Asbestos Survey — Technician Certification A, i h t s ` t u z Tr i ay ten 9 N.W. 5171A+wm Fun Lsu}rtaala floe&33371 rY S:d - ?', F This is to Certify that R' L T. RIPPITPIRIPP wowSsagutIllai 10097 Ctrnry nma. 85116, PlanlntmncL ..: t,.80Q -980 9933 Y '°. has successfully completed an English G = 7 =u 1 Ierin Iir BF R iw fur ► r 25- Feb-11 TO 25- Feb-11 NDAAC Frovidar #451 Trsimrrtxi: Jam. F. Stamp Tmiaing Address: 400 Notthw 3 flflh Avc.. Fort 1.rtedcrtlatc.111131 SuoL s Sul C a o completion ho5od d OMr scorn et 0:1251 t t / This Certificate Expires: 2 5 - F e b - U 0 2 / 2 5, 1 2 Alex Front Certified Asbestos Surveyor ARS Environmental, Inc. 10097 Cleary 13outeoard • #305 • Plantation, FL 33324 • Phone: 954- 227 -2402 • Fax: 866 -816 -5110 uiu/u'arsenvironmentaLcom • sates@arsennironmental.com An EIVC'JRONMENTAL, iac. Environmental Consulting Services Asbestos Business License #ZA- 0000164 Asbestos Consulting • Radon Measurements • Lead Assessments • Indoor Air Quality Testing • Mold Investigations Today's Date: 9/6/2011 Project Number. 20111288 Page 4 of 10 Prepared For Henry Posudas Liberty South Construction 1 Harvard Circle, #100 West Palm Beach, Fl 33409 Job Site: Residential Dwelling Limited To Bathroom And Kitchen 1041 Ne 94th Street Miami Shores, Fl 33138 Asbestos Survey — Bulk Sample Itemization Sample Sample Physical Water Material Number Material Class / Sample Description / Location Condition Damage Damage Contact Sample Friability Approximate Size Positive Stop Asbestos Detected Sample Surfacing Material Good None None High Non - friable 740 Sq. Ft. Asbestos Not Layer Plaster Coat; Interior Throughout Dwelling Sam le 2 Surfacing Material Good None None High Non- friable : Included Above Asbestos Not Detected Layer Plaster Coat; Interior Throughout Dwelling Sample 3 Surfacing Material Good None None High Non - friable Included Above Asbestos Not Detected Layer Plaster Coat; Interior Throughout Dwelling Sample 4 Miscellaneous Good None None High Non- friable 110 Sq. Ft. Asbestos Not Detected Layer 12" X 12" Floor Tile And Mastic; Black And White Kitchen Area And Hall Sample 5 Miscellaneous Good None None High Non - friable ` Included Above Asbestos Not Detected Layer 12" X 12" Floor Tile And Mastic; Black And White Kitchen Area And Hall The following non - suspect materials were observed during the survey (no samples were taken): A/C fiberglass duct insulation. No insulation observed behind plaster. Wood flooring, ceramic tiles around bathroom. 10097 Cleary Boulevard • #305 • Plantation, FL 33324 • Phone: 954- 227 -2402 • Fax: 866-816-5110 cvu4ij.arsenvironmentatcom • sales@arsenvironmental.com ARS EIV'!ROIVMENTAL, INC Environmental Consulting Services Asbestos Business License #ZA- 0000164 Asbestos Consulting • Radon Measurements • Lead Assessments • Indoor Air Quality Testing • Mold Investigations Today's Date: 9/6/2011 Project Number: 20111288 Page 5 of 10 Prepared For. Henry Posudas Liberty South Construction 1 Harvard Circle, #100 West Palm Beach, Fl 33409 Job Site: Residential Dwelling Limited To Bathroom And Kitchen 1041 Ne 94th Street Miami Shores, F133138 Friable Asbestos Containing Material Sample Number Description / Material Class Location Sample Physical Water Material Sample Asbestos Approximate Size Condition Damage Damage Contact Friability Detected NONE DETECTED Recommendations Friable: any material containing more than one percent asbestos which has been applied on ceilings, walls, structural members, piping, duct work, or any other part of a building, which when dry, may be crumbled, pulverized, or reduced to powder by hand pressure. The following work practice should be followed whenever demolition/renovation activities involving RACM occur: Notify EPA of intention to demolish/renovate, remove all RACM from a facility being demolished or renovated before any disruptive activity begins or before access to the material is precluded, keep RACM adequately wet before, during, and after removal operations, conduct demolition/renovation activities in a manner which produces no visible emissions to the outside air, and handle and dispose of all RACM in an approved manner. The above building material is considered friable and must be removed by a Florida Licensed Asbestos Abatement Contractor, prior to any disturbance caused by renovation or demolition. When implementing the response actions, parties responsible for final selection should remember that actions shall be sufficient to protect human health and the environment, but may also be the least burdensome method. Nothing in these recommendations should be construed as prohibiting or discouraging removal. In the event that demolition or renovation is deemed necessary, parties shall comply with all applicable laws, ordinances, rules and regulations of Federal, State and Local Governmental Agencies, including any National Emissions Standard Hazardous Air Pollutants (N.E.S.H.A.P.) Notification requirements 10097 Cleary Boulevard • #305 • Plantation, FL 33324 • Phone: 954- 227 -2402 • Fax: 866 - 816 -5110 ulwcv arsenvironmentat com • sales @arsenvironmental.com ARS* EIV'1IWNMENTAL, mic. Environmental Consulting Services Asbestos Business License #ZA- 0000164 Asbestos Consulting • Radon Measurements • Lead Assessments • Indoor Air Quality Testing • Mold Investigations Today's Date: 9/6/2011 Project Number. 20111288 Page 6 of 10 Prepared For. Henry Posudas Liberty South Construction 1 Harvard Circle, #100 West Palm Beach, Fl 33409 Job Site: Residential Dwelling Limited To Bathroom And Kitchen 1041 Ne 94th Street Miami Shores, F133138 Category I - Non- Friable Asbestos Containing Material Sample Number Description / Material Class Location Sample Physical Water Material Sample Asbestos Approximate Size Condition Damage Damage Contact Friability Detected NONE DETECTED Recommendations The above referenced Asbestos Contained Building Materials may be left in place if deemed to be in good condition and no repairs or renovations are scheduled which would disturb them. Care should be taken to ensure that the materials not be disturbed during repair, renovation or remodelling activities which could possibly release fibers into the air. To reduce the intrinsic liability to the owners, the ultimate solution may be to have the material removed. However, at the minimum, a formal Operations and Maintenance (O &M) Program is recommended to minimize potential fiber releases, monitor any future deterioration, and to ensure proper record keeping. Under the FDEP regulations, Category I non - friable asbestos- containing materials may be left in place during demolition under wet conditions. However, OSHA regulations require that disposal of asbestos- containing materials and debris is disposed of in a leak -tight and labeled container. The container may be plastic bags so long as the holding is leak -tight. All materials must be disposed of in a Class I landfill and manifest as Category I Non - Friable Asbestos containing material. To meet the requirements of a wet demolition, it is the responsibility of the demolition contractor to control any visible emissions by adequately applying water on the structure. Furthermore, the work practices for the demolition of a building containing asbestos must be in regulatory compliance with OSHA 1926.1101. All materials must be kept thoroughly wet or saturated during the demolition to assist in preventing the release of asbestos fibers. A certified asbestos supervisor must perform or supervise the work. If during the demolition process visible emissions are observed, the asbestos- containing materials must then be abated. The regulations of the Occupational Safety and Health Administration (OSHA) applies to any detectable amount of asbestos in building materials or on facility components. This requirement covers worker training, work practices, and disposal methods. In summary, removing asbestos in a commercial setting requires training, specific work practices, and disposal methods for the asbestos and asbestos- containing debris. However, if Category I Materials have become friable or are in poor condition, they must be removed before demolition or renovation begins by a Florida Licensed Asbestos Abatement Contractor. When implementing the response actions, parties responsible for final selection should remember that actions shall be sufficient to protect human health and the environment, but may also be the least burdensome method. Nothing in these recommendations should be construed as prohibiting or discouraging removal. 10097 Cleary Boulevard • #305 • Plantation, FL 33324 • Phone: 954 -227 -2402 • Fax: 866 - 816 -5110 cvuicv.arsenvironmental.com • sales@arsenviromnentaLcom . ARS EIW!IWIVMEIVTAL, wc. EnOironmentaf Consulting SerOices Asbestos Business License #ZA- 0000164 Asbestos Consulting • Radon Measurements • Lead Assessments • Indoor Air Ouafity Testing • Mold Investigations Today's Date: 9/6/2011 Project Number. 20111288 Page7of 10 Prepared For. Henry Posudas Liberty South Construction 1 Harvard Circle, #100 West Palm Beach, F133409 Job Site: Residential Dwelling Limited To Bathroom And Kitchen 1041 Ne 94th Street Miami Shores, Fl 33138 Category IT Non- Friable Asbestos Containing Material Sample Number Description / Material Class Location Sample Physical Water Material Sample Asbestos Approximate Size Condition Damage Damage Contact Friability Detected NONE DETECTED Recommendations The above referenced Asbestos Contained Building Materials may be left in place if deemed to be in good condition & no repairs or renovations are scheduled which would disturb them. Care should be taken to ensure that the materials not be disturbed during repair, renovation or remodelling activities which could possibly release fibers into the air. To reduce the intrinsic liability to the owners, the ultimate solution may be to have the material removed. The above building materials are considered Category II Non - Friable and are likely to become crushed, crumbled, pulverized or reduced to powder during demolition or renovation therefore must be removed before demolition or renovation begins by a Florida Licensed Asbestos Abatement Contractor. To meet the requirements of a wet demolition, it is the responsibility of the demolition contractor to control any visible emissions by adequately applying water on the structure. Furthermore, the work practices for the demolition of a building containing asbestos must be in regulatory compliance with OSHA 1926.1101. All materials must be kept thoroughly wet or saturated during the demolition to assist in preventing the release of asbestos fibers. A certified asbestos supervisor must perform or supervise the work. If during the demolition process visible emissions are observed, the asbestos- containing materials must then be abated. The regulations of the Occupational Safety and Health Administration (OSHA) applies to any detectable amount of asbestos in building materials or on facility components. This requirement covers worker training, work practices, and disposal methods. In summary, removing asbestos in a commercial setting requires training, specific work practices, and disposal methods for the asbestos and asbestos- containing debris. However, if Category II Materials have become friable or are in poor condition, they must be removed before demolition or renovation begins by a Florida Licensed Asbestos Abatement Contractor. When implementing the response actions, parties responsible for final selection should remember that actions shall be sufficient to protect human health and the environment, but may also be the least burdensome method. Nothing in these recommendations should be construed as prohibiting or discouraging removal. 10097 Cleary Boulevard • #305 • Plantation, FL 33324 • Phone: 954- 227 -2402 • Fax: 866 - 816 -5110 uhvcv.arsenvironmental.com • sales@arsenvironmentaLeom An EIVIJIIWNMENTAL, INC. Environmental Consulting Services Asbestos Business License #ZA- 0000164 Asbestos Consulting • Radon Measurements • Lead Assessments • Indoor Air Quality Testing • Mold Investigations Today's Date: 9/6/2011 Project Number. 20111288 Page 8 of 10 General Terms and Conditions Scope of Work ARS Environmental's inspections are limited and non - destructive in nature. Any conditions or materials which were not able to be visually observed on the surface, or in easily accessible areas, were not inspected and may differ from those observed. It was not within the scope of this investigation to remove surface materials to investigate portions of the structure or materials which lay beneath the surface. Our selection of sample locations and frequency is based upon our observations and the assumption that like materials in the same area are homogeneous. This inspection report is the result of a diligent search of the facility for Asbestos Containing Building Materials (ACBM). The purpose of this inspection was to identify those materials which may pose a health hazard to occupants of a building and impart future liability to the owners and insurers of the property. However, we do not claim to have identified all of the asbestos containing building materials present in the facility. Materials such as underground pipes, any material inside walls, ceilings, floors, or other enclosed and inaccessible areas were not sampled and are not covered in this report. This report is designed to aid the building owner, architect, construction manager, general contractor, and potential asbestos abatement contractor in locating asbestos containing building materials. Under no circumstances is this report to be utilized as a proposal or a project specification document. This report is based upon conditions and practices observed at the property and information made available to the surveyor. This report does not intend to identify all hazards or unsafe practices, nor to indicate that other hazards or unsafe practices do not exist at the premises. In the event that demolition or renovation is deemed necessary, parties shall comply with all applicable laws, ordinances, rules, and regulations of federal, state, and local governmental agencies, including any National Emissions Standard Hazardous Air Pollutants (NESHAP) notification requirements. Right of Entry The client will provide for right of entry to ARS Environmental's personnel in order to complete the above referenced work. Invoices ARS Environmental will submit invoices to client upon completion of services. Ownership of Documents All reports, field data, field notes, laboratory tests data, calculations, estimates, and any other documents prepared by ARS Environmental as instruments of service shall remain the property of ARS Environmental. Assumptions and Limitations The results, finds, conclusions and recommendations expressed in this report are based only on conditions which were observed during inspections by this report. ARS Environmental makes no representation or assumptions as to past conditions or future occurrences. Assigns Neither the client nor ARS Environmental may delegate, assign, sublet or transfer his duties or interest in this agreement without the written consent of the other party. Roof Cuts To obtain accurate information in a roof investigation, roof cuts approximately four inch 4" squares, may be deemed necessary. It is the responsibility of our client to make appropriate repairs to these roof cuts, using materials consistent with the roofing system and in accordance with any existing material manufacturer's warranties. A roofing contractor or maintenance personnel selected by our client should be on the roof to make any necessary repairs at the time the samples are being obtained. Although, every attempt will be made to make these repaired areas water tight, ARS Environmental will in no way be responsible for any water damage to the roofing system, building, or it's contents resulting from ARS Environmental temporary repairs. Disclaimer If in the course of a renovation or demolition activity, suspect materials become exposed, ALL FURTHER ACTIVITY SHOULD IM MEDIA TELY CEASE AND THE STATUS OF THE MATERIAL SHOULD BE DETERMINED BEFORE PROCEEDING. 10097 Cleary Boulevard • #305 • Plantation, FL 33324 • Phone: 954 -227 -2402 • Fax: 866 -816 -5110 cvtvw.arsenvironmentaLcom • sales@arsenvironmental.com ARS EIVt/!IWNMENTAL, INC. Environmental Consulting Services Asbestos Business License #ZA- 0000164 Asbestos Consulting • Radon Measurements • Lead Assessments • Indoor Air Quality Testing • Mold Investigations Today's Date: 9/6/2011 Project Number. 20111288 Page 9 of 10 Prepared For: Henry Posudas Liberty South Construction 1 Harvard Circle, #100 West Palm Beach, F133409 Job Site: Residential Dwelling Limited To Bathroom And Kitchen 1041 Ne 94th Street Miami Shores, Fl 33138 Asbestos Survey Technician Chain of Custody Forms ARS ENVIRONMENTAL, INC Page Of _CHAIN OF CUSTODY Post& stop Requested i - -- Turnaround Time Requested. me ay • 24 Hour • 48 Hour • 72 Hour Pont Count Requested On Feattlel Materials That Report Less Than 1% PIA-Analysis: Asbestos Bulk Samples Sampling Date: '' Project Location: (.C's'� 11 F`L 1C _ rt. Samples Taken By: ' n } Project Number: D sare C pl Sample Descriplion Sample Location A. Azle Physical vymer Maeda, ramie ise Cvnaemr "Oasa� O power Ftrebnty J /J s : ' t ■K - C • , : i i \ 1 . .'K 4 - y L - c. 1 `{ J' 6 r.} P � • i - - - - r 1 � gg , { T 1.A -- ----, 'T ci ‘: i• l ti * t'_JCc'`i,;.r? q +.t,'''. :::,-;-,..\.4\-t . -;1'V r�� . -- -_- ..,-..._�, t.:{-2. } „-',, .l rr. •r tip , t 1,-'-r -,Vi..--> ,,� `�t:� ..- ".. 3� J =� A -tli; 5i T-•4t- iat:\1C .'..r: °> / i,- '-;] Bet-1-11::,-.31-1'N. i remon.i ems ,Cci / r { i'r. _ 1 1,._; .7 �.....,......K,�_� 5 • pct ' y fJt, f , 45,.r1>:•<q Mare, ®IS Tc Tner-rel WTI Matemis FJ UG ++wa ,w = Fre?frl'e F7 N3HTd'tTt'b :: % -- /_ ; Transtered By: r, _. Date: ' -' : Received By: _ J _ -- _ Date: 10097 CLEARY Bout-wino .4305 • PLANTATION, - L 33324 • TOLL FREE: 877-227.2401 • PHONE: 954- 227 -2402 • FAX: 8 maa.cec to orator ay egna¢ress, 10097 Cleary Boulevard • #305 • Plantation, FL 33324 • Phone: 954 -227 -2402 • Fax: 866 - 816 -5110 «iu/u'.arsenvironmental.com • sates@arsenvironmentatcom OEEL tIOb /50/60 EOLEOPEGOE c1 2 IS) An EIW!RONMENTAL, INC. Environmental Consulting Services Asbestos Business License #ZA- 0000164 Asbestos Consulting • Radon Measurements • Lead Assessments • Indoor Air _Quality Testing • Mold Investigations Today's Date: 9/6/2011 Project Number. 20111288 Page 10 of 10 Prepared For Henry Posudas Liberty South Construction 1 Harvard Circle, #100 West Palm Beach, Fl 33409 Job Site: Residential Dwelling Limited To Bathroom And Kitchen 1041 Ne 94th Street Miami Shores, F133138 Asbestos Survey — Laboratory Results 4 S ENVIRONMENTAL, 7Arc. Favirodmentat Consulthag Services Asbestos Business License SZA-0000164 Asbestos Consulting • Radon Measurements • LeadA.+sessmeatr • 1, dour Ala Quddgl Testing • Mold Inoest1 , 9ons Today's Date: 9162011 Project Number. 20111288 Page l oft Prepared For Henry Posudas Liberty Sash Combination 1 Harvard (5mle, F100 West Palm Beech, F133409 Job Site: Residential Bartamm And Kitchen 1041 Ne 94th Street Miami Shores, F133138 Laboratory Analysis Semple Number Estimated Asbestos Nos-asbestos %tom 1 1 Piaster No Asbestos Detected S%CWnlom 95% I2 Plaster No Asbestos Detected 5 %CcBnlme 95% 3 Plaster No Asbestos Detected 5% Cellulose 95% No Asbestos Detected Roar Tile And 100% Mastic 8% Cellulose 92% Alex Fmm, Amlyst 10097 Cleary Boulevard • 8305 • Plantation, FL 33324 • Phone: 954. 227.2402 • Far 860. 876.5110 wWW.arsem/ironmentaLcom • salesltt.arsem/iranmentaLcom 10097 Cleary Joule lard • #305 • Plantation, FL 33324 • Phone: 954- 227 -2402 • Fax: 866 - 816 -5110 tvuW arseneironmentaLcom • sales@arsenvironmental.com