42
LOCATED AT: FOR: AS OF: BY: Form GA6 — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE Montana St Lot 15 Northwest Estates Unit #4, Lot 15 Alice, TX 78332 Nexbank, SSB-75201 2515 Mckinney Ave, Suite 1700 Dallas, TX 75201 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 [email protected] www.aliceappraisalservice.com APPRAISAL OF REAL PROPERTY Form GA6 — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE Montana St Lot 15 Northwest Estates Unit #4, Lot 15 Alice, TX 78332 Nexbank, SSB-75201 2515 Mckinney Ave, Suite 1700 Dallas, TX 75201 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 [email protected] www.aliceappraisalservice.com APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY: Page #1 Main File No. RT060317-02

APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 [email protected]

  • Upload
    others

  • View
    2

  • Download
    0

Embed Size (px)

Citation preview

Page 1: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

LOCATED AT:

FOR:

AS OF:

BY:

Form GA6 — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Montana St Lot 15Northwest Estates Unit #4, Lot 15

Alice, TX 78332

Nexbank, SSB-752012515 Mckinney Ave, Suite 1700

Dallas, TX 75201

06/30/2017

Guadalupe Carlos RodriguezPO Box 1635

Alice, TX 78333Ph: 361-668-9332 Fax: 361-668-8088

[email protected]

APPRAISAL OF REAL PROPERTY

Form GA6 — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Montana St Lot 15Northwest Estates Unit #4, Lot 15

Alice, TX 78332

Nexbank, SSB-752012515 Mckinney Ave, Suite 1700

Dallas, TX 75201

06/30/2017

Guadalupe Carlos RodriguezPO Box 1635

Alice, TX 78333Ph: 361-668-9332 Fax: 361-668-8088

[email protected]

APPRAISAL OF REAL PROPERTY

LOCATED AT:

FOR:

AS OF:

BY:

Page #1Main File No. RT060317-02

Page 2: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

File No.Property AddressCity County State Zip Code

TABLE OF CONTENTS

RT060317-02Sophie YanezMontana St Lot 15Alice Jim Wells TX 78332Nexbank, SSB-75201

Cover Page ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Letter of Transmittal ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Summary of Salient Features ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................USPAP Identification Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................FIRREA Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................URAR ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Additional Comparables 4-6 ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................General Text Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Market Conditions Addendum to the Appraisal Report ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Photograph Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Comparable Photos 1-3 ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Comparable Photos 4-6 ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Location Map ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Location Map ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Flood Map ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................UAD Definitions Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Scanned Document ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

123456121315161718192021222324252627282930313233343536373841

Form TOCP — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Borrower

Lender/Client

RT060317-02Sophie YanezMontana St Lot 15Alice Jim Wells TX 78332Nexbank, SSB-75201

Cover Page ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Letter of Transmittal ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Summary of Salient Features ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................USPAP Identification Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................FIRREA Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................URAR ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Additional Comparables 4-6 ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................General Text Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Market Conditions Addendum to the Appraisal Report ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Subject Photos ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Photograph Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Comparable Photos 1-3 ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Comparable Photos 4-6 ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Location Map ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Location Map ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Flood Map ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................UAD Definitions Addendum ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Scanned Document ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

123456121315161718192021222324252627282930313233343536373841

Form TOCP — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Borrower

Lender/Client

File No.Property AddressCity County State Zip Code

TABLE OF CONTENTS

Page 3: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Alice Appraisal ServicePO Box 1635Alice, TX 78333Ph: 361-668-9332 Fax: 361-668-8088

06/30/2017

Nexbank, SSB-752012515 Mckinney Ave, Suite 1700Dallas, TX 75201

Re: Property: Montana St Lot 15Alice, TX 78332

Borrower: Sophie YanezFile No.: RT060317-02

In accordance with your request, we have appraised the above referenced property. The report of that appraisal isattached.

The purpose of this appraisal is to estimate the market value of the property described in this appraisal report, asimproved, in unencumbered fee simple title of ownership.

This report is based on a physical analysis of the site and improvements, a locational analysis of the neighborhood andcity, and an economic analysis of the market for properties such as the subject. The appraisal was developed and thereport was prepared in accordance with the Uniform Standards of Professional Appraisal Practice.

The value conclusions reported are as of the effective date stated in the body of the report and contingent upon thecertification and limiting conditions attached.

It has been a pleasure to assist you. Please do not hesitate to contact me or any of my staff if we can be of additionalservice to you.

Sincerely,

Guadalupe Carlos RodriguezState Certified General Real Estate [email protected]

Alice Appraisal ServicePO Box 1635Alice, TX 78333Ph: 361-668-9332 Fax: 361-668-8088

06/30/2017

Nexbank, SSB-752012515 Mckinney Ave, Suite 1700Dallas, TX 75201

Re: Property: Montana St Lot 15Alice, TX 78332

Borrower: Sophie YanezFile No.: RT060317-02

In accordance with your request, we have appraised the above referenced property. The report of that appraisal isattached.

The purpose of this appraisal is to estimate the market value of the property described in this appraisal report, asimproved, in unencumbered fee simple title of ownership.

This report is based on a physical analysis of the site and improvements, a locational analysis of the neighborhood andcity, and an economic analysis of the market for properties such as the subject. The appraisal was developed and thereport was prepared in accordance with the Uniform Standards of Professional Appraisal Practice.

The value conclusions reported are as of the effective date stated in the body of the report and contingent upon thecertification and limiting conditions attached.

It has been a pleasure to assist you. Please do not hesitate to contact me or any of my staff if we can be of additionalservice to you.

Sincerely,

Guadalupe Carlos RodriguezState Certified General Real Estate [email protected]

Page #2Main File No. RT060317-02

Page 4: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

SUMMARY OF SALIENT FEATURES

SUBJ

ECT

INFO

RMAT

ION

Subject Address

Legal Description

City

County

State

Zip Code

Census Tract

Map Reference

SALE

S PR

ICE

Sale Price

Date of Sale

$

CLIE

NTDE

SCRI

PTIO

N OF

IMPR

OVEM

ENTS

Size (Square Feet)

Price per Square Foot

Location

Age

Condition

Total Rooms

Bedrooms

Baths

$

APPR

AISE

R Appraiser

Date of Appraised Value

VALU

E

Final Estimate of Value $

Form SSD — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Montana St Lot 15

Northwest Estates Unit #4, Lot 15

Alice

Jim Wells

TX

78332

950200

F-17

196,800

05/31/2017

Sophie Yanez

Nexbank, SSB-75201

1,600

N;Res;

0

C1

5

3

2.0

Guadalupe Carlos Rodriguez

06/30/2017

195,000

Borrower

Lender/Client

Form SSD — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Montana St Lot 15

Northwest Estates Unit #4, Lot 15

Alice

Jim Wells

TX

78332

950200

F-17

196,800

05/31/2017

Sophie Yanez

Nexbank, SSB-75201

1,600

N;Res;

0

C1

5

3

2.0

Guadalupe Carlos Rodriguez

06/30/2017

195,000

Borrower

Lender/Client

SUMMARY OF SALIENT FEATURES

SUBJ

ECT

INFO

RMAT

ION

Subject Address

Legal Description

City

County

State

Zip Code

Census Tract

Map Reference

SALE

S PR

ICE

Sale Price

Date of Sale

$

CLIE

NTDE

SCRI

PTIO

N OF

IMPR

OVEM

ENTS

Size (Square Feet)

Price per Square Foot

Location

Age

Condition

Total Rooms

Bedrooms

Baths

$

APPR

AISE

R Appraiser

Date of Appraised Value

VALU

E

Final Estimate of Value $

Page #3Main File No. RT060317-02

Page 5: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

USPAP ADDENDUM File No.BorrowerProperty AddressCity County State Zip CodeLender

This report was prepared under the following USPAP reporting option:Appraisal Report This report was prepared in accordance with USPAP Standards Rule 2-2(a).

Restricted Appraisal Report This report was prepared in accordance with USPAP Standards Rule 2-2(b).

Reasonable Exposure TimeMy opinion of a reasonable exposure time for the subject property at the market value stated in this report is:

Additional CertificationsI certify that, to the best of my knowledge and belief:

I have NOT performed services, as an appraiser or in any other capacity, regarding the property that is the subject of this report within thethree-year period immediately preceding acceptance of this assignment.

I HAVE performed services, as an appraiser or in another capacity, regarding the property that is the subject of this report within the three-yearperiod immediately preceding acceptance of this assignment. Those services are described in the comments below.

Additional Comments

APPRAISER:

Signature:Name:Date Signed:State Certification #:or State License #:State:Expiration Date of Certification or License:Effective Date of Appraisal:

SUPERVISORY APPRAISER: (only if required)

Signature:Name:Date Signed:State Certification #:or State License #:State:Expiration Date of Certification or License:Supervisory Appraiser Inspection of Subject Property:

Did Not Exterior-only from Street Interior and Exterior

RT060317-02RT060317-02

Sophie YanezMontana St Lot 15Alice Jim Wells TX 78332Nexbank, SSB-75201

30 to 180 days.The definition of market value employed for this assignment includes a component of exposure time. Exposure time is the estimated lengthof time that the property interest being appraised would have been offered on the market prior to the hypothetical consummation of a saleat market value on the effective date of the appraisal. Based on statistical analysis and the examination of relevant sales history ofcomparable properties, the reasonable exposure time for the subject property type and value range is 30 to 180 days.

— The statements of fact contained in this report are true and correct.— The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions and are my personal, impartial, and unbiasedprofessional analyses, opinions, and conclusions.— Unless otherwise indicated, I have no present or prospective interest in the property that is the subject of this report and no personal interest with respect to the partiesinvolved.— I have no bias with respect to the property that is the subject of this report or the parties involved with this assignment.— My engagement in this assignment was not contingent upon developing or reporting predetermined results.— My compensation for completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause ofthe client, the amount of the value opinion, the attainment of a stipulated result, or the occurrence of a subsequent event directly related to the intended use of this appraisal.— My analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice thatwere in effect at the time this report was prepared.— Unless otherwise indicated, I have made a personal inspection of the property that is the subject of this report.— Unless otherwise indicated, no one provided significant real property appraisal assistance to the person(s) signing this certification (if there are exceptions, the name of eachindividual providing significant real property appraisal assistance is stated elsewhere in this report).

Guadalupe Carlos Rodriguez07/07/2017

1324922TX

03/31/201906/30/2017

Form ID14AP — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

RT060317-02RT060317-02

Sophie YanezMontana St Lot 15Alice Jim Wells TX 78332Nexbank, SSB-75201

30 to 180 days.The definition of market value employed for this assignment includes a component of exposure time. Exposure time is the estimated lengthof time that the property interest being appraised would have been offered on the market prior to the hypothetical consummation of a saleat market value on the effective date of the appraisal. Based on statistical analysis and the examination of relevant sales history ofcomparable properties, the reasonable exposure time for the subject property type and value range is 30 to 180 days.

— The statements of fact contained in this report are true and correct.— The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions and are my personal, impartial, and unbiasedprofessional analyses, opinions, and conclusions.— Unless otherwise indicated, I have no present or prospective interest in the property that is the subject of this report and no personal interest with respect to the partiesinvolved.— I have no bias with respect to the property that is the subject of this report or the parties involved with this assignment.— My engagement in this assignment was not contingent upon developing or reporting predetermined results.— My compensation for completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause ofthe client, the amount of the value opinion, the attainment of a stipulated result, or the occurrence of a subsequent event directly related to the intended use of this appraisal.— My analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice thatwere in effect at the time this report was prepared.— Unless otherwise indicated, I have made a personal inspection of the property that is the subject of this report.— Unless otherwise indicated, no one provided significant real property appraisal assistance to the person(s) signing this certification (if there are exceptions, the name of eachindividual providing significant real property appraisal assistance is stated elsewhere in this report).

Guadalupe Carlos Rodriguez07/07/2017

1324922TX

03/31/201906/30/2017

Form ID14AP — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

USPAP ADDENDUM File No.BorrowerProperty AddressCity County State Zip CodeLender

This report was prepared under the following USPAP reporting option:Appraisal Report This report was prepared in accordance with USPAP Standards Rule 2-2(a).

Restricted Appraisal Report This report was prepared in accordance with USPAP Standards Rule 2-2(b).

Reasonable Exposure TimeMy opinion of a reasonable exposure time for the subject property at the market value stated in this report is:

Additional CertificationsI certify that, to the best of my knowledge and belief:

I have NOT performed services, as an appraiser or in any other capacity, regarding the property that is the subject of this report within thethree-year period immediately preceding acceptance of this assignment.

I HAVE performed services, as an appraiser or in another capacity, regarding the property that is the subject of this report within the three-yearperiod immediately preceding acceptance of this assignment. Those services are described in the comments below.

Additional Comments

APPRAISER:

Signature:Name:Date Signed:State Certification #:or State License #:State:Expiration Date of Certification or License:Effective Date of Appraisal:

SUPERVISORY APPRAISER: (only if required)

Signature:Name:Date Signed:State Certification #:or State License #:State:Expiration Date of Certification or License:Supervisory Appraiser Inspection of Subject Property:

Did Not Exterior-only from Street Interior and Exterior

Page #4Main File No. RT060317-02

Page 6: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

File No:F.I.R.R.E.A. Addendum

BorrowerProperty Address

City County State Zip CodeLender/Client

Purpose of the Appraisal

Scope of the Appraisal

Report of the prior year sales history for the subject property

Is the subject property currently listed? Yes No List Price $Has the property sold during the prior year? Yes No If yes, describe below:

Marketing Time

What is your estimate of marketing time for the subject property? Describe below the basis (rationale)for your estimate:

Non-real property transfers

Does the transaction involve the transfer of personal property, fixtures, or intangibles that are not real property? Yes NoIf yes, provide description and valuation below:

Additional Comments

Additional Certification1. The acceptance of this appraisal assignment by the appraiser was not based on a requested minimum valuation, a specified valuation, or an approval of the loan.

2. The appraiser certifies that the compensation for this appraisal is not contingent upon the reporting of a predetermined value or direction in value that favors the cause of theclient, the amount of the value estimate, the attainment of a stipulated result of the occurrence of a subsequent event.

3. This appraisal has been prepared to conform with the Uniform Standards of Professional Appraisal practice ("USPAP") adopted by the Appraisal Standards Board of theAppraisal foundation, except the Departure Provision, unless otherwise stated below.

4. The appraiser has disclosed within this appraisal report, or below, all steps taken that were necessary or appropriate to comply with the Competency provision of the USPAP.

Date: Appraiser(s):

Date: Review Appraiser(s):

Alice Appraisal Service (361)668-9332RT060317-02RT060317-02

Sophie YanezMontana St Lot 15

Alice Jim Wells TX 78332Nexbank, SSB-75201

The appraisal is for a purchase transaction.

The following steps were taken in arriving at the final opinion of value for the subject of this report:1)Researched County records to determine the subjects ownership, sales history, taxes and description.2)Researched the local MLS to identify recent, similar comparable sales and sales history based on County data.3)Photographed and measured the subjects exterior and inspected its interior.4)Inspected and photographed the exterior of the comparable sales form the street.5)Reviewed market data to identify trends within the subjects neighborhood and market area.6)Applied the three approaches to value as appropriate to arrive at an opinion of value for each approach.7)Reconciled the values of the three approaches of value to form a final opinion of value for the subject property.

30 to 180 daysThe definition of market value employed for this assignment includes a component of exposure time. Exposure time is the estimated length oftime that the property interest being appraised would have been offered on the market prior to the hypothetical consummation of a sale at marketvalue on the effective date of the appraisal. Based on statistical analysis and the examination of relevant sales history of comparable properties,the reasonable exposure time for the subject property type and value range is 30 to 180 days.

Only attached fixtures and equipment (range, range hood, garbage disposal and dishwasher) which are considered by local custom to be part ofthe real estate was considered in this report. No personal property was considered.

THE APPRAISER IS NOT A HOME INSPECTOR and observed the property for only valuation purposes. Consultation with an expert regardingspecific technical or mechanical concerns is recommended.

The intended use of this report: is to provided the client with an opinion of value which to base the FNMA insured mortgage underwriting decisionrelated to the subject propertyThe intended user of this appraisal report: is the lender/client.

07/07/2017Guadalupe Carlos Rodriguez

Form FNCFA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Alice Appraisal Service (361)668-9332RT060317-02RT060317-02

Sophie YanezMontana St Lot 15

Alice Jim Wells TX 78332Nexbank, SSB-75201

The appraisal is for a purchase transaction.

The following steps were taken in arriving at the final opinion of value for the subject of this report:1)Researched County records to determine the subjects ownership, sales history, taxes and description.2)Researched the local MLS to identify recent, similar comparable sales and sales history based on County data.3)Photographed and measured the subjects exterior and inspected its interior.4)Inspected and photographed the exterior of the comparable sales form the street.5)Reviewed market data to identify trends within the subjects neighborhood and market area.6)Applied the three approaches to value as appropriate to arrive at an opinion of value for each approach.7)Reconciled the values of the three approaches of value to form a final opinion of value for the subject property.

30 to 180 daysThe definition of market value employed for this assignment includes a component of exposure time. Exposure time is the estimated length oftime that the property interest being appraised would have been offered on the market prior to the hypothetical consummation of a sale at marketvalue on the effective date of the appraisal. Based on statistical analysis and the examination of relevant sales history of comparable properties,the reasonable exposure time for the subject property type and value range is 30 to 180 days.

Only attached fixtures and equipment (range, range hood, garbage disposal and dishwasher) which are considered by local custom to be part ofthe real estate was considered in this report. No personal property was considered.

THE APPRAISER IS NOT A HOME INSPECTOR and observed the property for only valuation purposes. Consultation with an expert regardingspecific technical or mechanical concerns is recommended.

The intended use of this report: is to provided the client with an opinion of value which to base the FNMA insured mortgage underwriting decisionrelated to the subject propertyThe intended user of this appraisal report: is the lender/client.

07/07/2017Guadalupe Carlos Rodriguez

Form FNCFA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

File No:F.I.R.R.E.A. Addendum

BorrowerProperty Address

City County State Zip CodeLender/Client

Purpose of the Appraisal

Scope of the Appraisal

Report of the prior year sales history for the subject property

Is the subject property currently listed? Yes No List Price $Has the property sold during the prior year? Yes No If yes, describe below:

Marketing Time

What is your estimate of marketing time for the subject property? Describe below the basis (rationale)for your estimate:

Non-real property transfers

Does the transaction involve the transfer of personal property, fixtures, or intangibles that are not real property? Yes NoIf yes, provide description and valuation below:

Additional Comments

Additional Certification1. The acceptance of this appraisal assignment by the appraiser was not based on a requested minimum valuation, a specified valuation, or an approval of the loan.

2. The appraiser certifies that the compensation for this appraisal is not contingent upon the reporting of a predetermined value or direction in value that favors the cause of theclient, the amount of the value estimate, the attainment of a stipulated result of the occurrence of a subsequent event.

3. This appraisal has been prepared to conform with the Uniform Standards of Professional Appraisal practice ("USPAP") adopted by the Appraisal Standards Board of theAppraisal foundation, except the Departure Provision, unless otherwise stated below.

4. The appraiser has disclosed within this appraisal report, or below, all steps taken that were necessary or appropriate to comply with the Competency provision of the USPAP.

Date: Appraiser(s):

Date: Review Appraiser(s):

Page #5Main File No. RT060317-02

Page 7: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Uniform Residential Appraisal Report File #

SUB

JEC

TC

ON

TRA

CT

NEI

GH

BO

RH

OO

DSI

TEIM

PRO

VEM

ENTS

The purpose of this summary appraisal report is to provide the lender/client with an accurate, and adequately supported, opinion of the market value of the subject property.Property Address City State Zip CodeBorrower Owner of Public Record CountyLegal DescriptionAssessor's Parcel # Tax Year R.E. Taxes $Neighborhood Name Map Reference Census TractOccupant Owner Tenant Vacant Special Assessments $ PUD HOA $ per year per monthProperty Rights Appraised Fee Simple Leasehold Other (describe)Assignment Type Purchase Transaction Refinance Transaction Other (describe)Lender/Client AddressIs 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? Yes NoReport data source(s) used, offering price(s), and date(s).

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 notperformed.

Contract Price $ Date of Contract Is the property seller the owner of public record? Yes No Data Source(s)Is there any financial assistance (loan charges, sale concessions, gift or downpayment assistance, etc.) to be paid by any party on behalf of the borrower? Yes NoIf Yes, report the total dollar amount and describe the items to be paid.

Note: Race and the racial composition of the neighborhood are not appraisal factors.Neighborhood Characteristics

Location Urban Suburban RuralBuilt-Up Over 75% 25-75% Under 25%Growth Rapid Stable Slow

One-Unit Housing TrendsProperty Values Increasing Stable DecliningDemand/Supply Shortage In Balance Over SupplyMarketing Time Under 3 mths 3-6 mths Over 6 mths

One-Unit HousingPRICE$ (000)

AGE(yrs)

LowHighPred.

Present Land Use %One-Unit %2-4 Unit %Multi-Family %Commercial %Other %

Neighborhood Boundaries

Neighborhood Description

Market Conditions (including support for the above conclusions)

Dimensions Area Shape ViewSpecific Zoning Classification Zoning DescriptionZoning Compliance Legal Legal Nonconforming (Grandfathered Use) No Zoning Illegal (describe)Is the highest and best use of subject property as improved (or as proposed per plans and specifications) the present use? Yes No If No, describe

Utilities Public Other (describe) Public Other (describe)ElectricityGas

WaterSanitary Sewer

Off-site Improvements - Type Public PrivateStreetAlley

FEMA Special Flood Hazard Area Yes No FEMA Flood Zone FEMA Map # FEMA Map DateAre the utilities and off-site improvements typical for the market area? Yes No If No, describeAre there any adverse site conditions or external factors (easements, encroachments, environmental conditions, land uses, etc.)? Yes No If Yes, describe

General DescriptionUnits One One with Accessory Unit# of StoriesType Det. Att. S-Det./End Unit

Existing Proposed Under Const.Design (Style)Year BuiltEffective Age (Yrs)

FoundationConcrete Slab Crawl SpaceFull Basement Partial Basement

Basement Area sq.ft.Basement Finish %

Outside Entry/Exit Sump PumpEvidence of Infestation

Dampness Settlement

Exterior Description materials/conditionFoundation WallsExterior WallsRoof SurfaceGutters & DownspoutsWindow TypeStorm Sash/InsulatedScreens

Interior materials/conditionFloorsWallsTrim/FinishBath FloorBath Wainscot

Attic NoneDrop Stair StairsFloor ScuttleFinished Heated

Heating FWA HWBB RadiantOther Fuel

Cooling Central Air ConditioningIndividual Other

AmenitiesFireplace(s) #Patio/DeckPool

Woodstove(s) #FencePorchOther

Car Storage NoneDriveway # of Cars

Driveway SurfaceGarage # of CarsCarport # of CarsAtt. Det. Built-in

Appliances Refrigerator Range/Oven Dishwasher Disposal Microwave Washer/Dryer Other (describe)Finished area above grade contains: Rooms Bedrooms Bath(s) Square Feet of Gross Living Area Above GradeAdditional features (special energy efficient items, etc.).

Describe the condition of the property (including needed repairs, deterioration, renovations, remodeling, etc.).

Are there any physical deficiencies or adverse conditions that affect the livability, soundness, or structural integrity of the property? Yes No If Yes, describe

Does the property generally conform to the neighborhood (functional utility, style, condition, use, construction, etc.)? Yes No If No, describe

Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 1 of 6 Fannie Mae Form 1004 March 2005

Alice Appraisal Service (361)668-9332

RT060317-02RT060317-02

Montana St Lot 15 Alice TX 78332Sophie Yanez Saddle Creek Builders Jim Wells

Northwest Estates Unit #4, Lot 1512151-015-000-00 2016 73Alice F-17 950200

0 0

Nexbank, SSB-75201 2515 Mckinney Ave, Suite 1700, Dallas, TX 75201

The subject is not listed on MLS but is being sold by the builder.

Arms length sale;The contract appears to be a arms-length transaction.

196,800 05/31/2017 Appraisal Dist

$0;;

100300168

07030

8055

100

Subject neighborhood is bordered by: Commerce Rd. to the North, HWY 281 tothe West, FM 665 to the South and Flournoy Rd. to the East.

Subject is located in a urban area of Alice. The area provides an average environment for subject property; there are no negative factorsthat will negatively affect the market of the house. The area maintains a steady sales volume with level prices. The subject has access to all necessary supportingfacilities including shopping, recreation and employment.

Present market is active with Conventional, FHA and VA typical financing; no buy downs or othercreative financing was noted. A tour of the neighborhood reveals houses that are well kept and considered in average condition when compared to houses in similaradjacent marketing areas. No apparent adverse factors which should affect the subject marketability noted.

70x100 7000 sf Rectangular N;Res;R1 Single Family Dwelling

NoneAsphaltNone

B 4803940005C 03/01/1984

The subject has normal utility easements for electric, telephone, etc. There are no apparent adverse easements, encroachments, or otherapparent adverse conditions.

1

Ranch~20170

00

Concrete Slab-GoodHardi/Stone-GoodCompShingle-GoodNoneThermal Win-GoodNoneAl Screens-Good

Tile/Carpet-GoodDrywall-GoodWood/Paint-GoodTile-GoodTile-Good

Electric 0Cover

None

0NoneCoverNone

2Concrete

10

Vent hood5 3 2.0 1,600

The home has double pane windows and ceiling fans.

C1;No updates in the prior 15 years;Subject isconsidered to be in overall C1 Condition as of 06/30/2017. No physical inadequacies or functional obsolescence noted. Physical depreciation isbased on the economic age/life method.

Form 1004UAD — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Alice Appraisal Service (361)668-9332

RT060317-02RT060317-02

Montana St Lot 15 Alice TX 78332Sophie Yanez Saddle Creek Builders Jim Wells

Northwest Estates Unit #4, Lot 1512151-015-000-00 2016 73Alice F-17 950200

0 0

Nexbank, SSB-75201 2515 Mckinney Ave, Suite 1700, Dallas, TX 75201

The subject is not listed on MLS but is being sold by the builder.

Arms length sale;The contract appears to be a arms-length transaction.

196,800 05/31/2017 Appraisal Dist

$0;;

100300168

07030

8055

100

Subject neighborhood is bordered by: Commerce Rd. to the North, HWY 281 tothe West, FM 665 to the South and Flournoy Rd. to the East.

Subject is located in a urban area of Alice. The area provides an average environment for subject property; there are no negative factorsthat will negatively affect the market of the house. The area maintains a steady sales volume with level prices. The subject has access to all necessary supportingfacilities including shopping, recreation and employment.

Present market is active with Conventional, FHA and VA typical financing; no buy downs or othercreative financing was noted. A tour of the neighborhood reveals houses that are well kept and considered in average condition when compared to houses in similaradjacent marketing areas. No apparent adverse factors which should affect the subject marketability noted.

70x100 7000 sf Rectangular N;Res;R1 Single Family Dwelling

NoneAsphaltNone

B 4803940005C 03/01/1984

The subject has normal utility easements for electric, telephone, etc. There are no apparent adverse easements, encroachments, or otherapparent adverse conditions.

1

Ranch~20170

00

Concrete Slab-GoodHardi/Stone-GoodCompShingle-GoodNoneThermal Win-GoodNoneAl Screens-Good

Tile/Carpet-GoodDrywall-GoodWood/Paint-GoodTile-GoodTile-Good

Electric 0Cover

None

0NoneCoverNone

2Concrete

10

Vent hood5 3 2.0 1,600

The home has double pane windows and ceiling fans.

C1;No updates in the prior 15 years;Subject isconsidered to be in overall C1 Condition as of 06/30/2017. No physical inadequacies or functional obsolescence noted. Physical depreciation isbased on the economic age/life method.

Form 1004UAD — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Uniform Residential Appraisal Report File #

SUB

JEC

TC

ON

TRA

CT

NEI

GH

BO

RH

OO

DSI

TEIM

PRO

VEM

ENTS

The purpose of this summary appraisal report is to provide the lender/client with an accurate, and adequately supported, opinion of the market value of the subject property.Property Address City State Zip CodeBorrower Owner of Public Record CountyLegal DescriptionAssessor's Parcel # Tax Year R.E. Taxes $Neighborhood Name Map Reference Census TractOccupant Owner Tenant Vacant Special Assessments $ PUD HOA $ per year per monthProperty Rights Appraised Fee Simple Leasehold Other (describe)Assignment Type Purchase Transaction Refinance Transaction Other (describe)Lender/Client AddressIs 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? Yes NoReport data source(s) used, offering price(s), and date(s).

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 notperformed.

Contract Price $ Date of Contract Is the property seller the owner of public record? Yes No Data Source(s)Is there any financial assistance (loan charges, sale concessions, gift or downpayment assistance, etc.) to be paid by any party on behalf of the borrower? Yes NoIf Yes, report the total dollar amount and describe the items to be paid.

Note: Race and the racial composition of the neighborhood are not appraisal factors.Neighborhood Characteristics

Location Urban Suburban RuralBuilt-Up Over 75% 25-75% Under 25%Growth Rapid Stable Slow

One-Unit Housing TrendsProperty Values Increasing Stable DecliningDemand/Supply Shortage In Balance Over SupplyMarketing Time Under 3 mths 3-6 mths Over 6 mths

One-Unit HousingPRICE$ (000)

AGE(yrs)

LowHighPred.

Present Land Use %One-Unit %2-4 Unit %Multi-Family %Commercial %Other %

Neighborhood Boundaries

Neighborhood Description

Market Conditions (including support for the above conclusions)

Dimensions Area Shape ViewSpecific Zoning Classification Zoning DescriptionZoning Compliance Legal Legal Nonconforming (Grandfathered Use) No Zoning Illegal (describe)Is the highest and best use of subject property as improved (or as proposed per plans and specifications) the present use? Yes No If No, describe

Utilities Public Other (describe) Public Other (describe)ElectricityGas

WaterSanitary Sewer

Off-site Improvements - Type Public PrivateStreetAlley

FEMA Special Flood Hazard Area Yes No FEMA Flood Zone FEMA Map # FEMA Map DateAre the utilities and off-site improvements typical for the market area? Yes No If No, describeAre there any adverse site conditions or external factors (easements, encroachments, environmental conditions, land uses, etc.)? Yes No If Yes, describe

General DescriptionUnits One One with Accessory Unit# of StoriesType Det. Att. S-Det./End Unit

Existing Proposed Under Const.Design (Style)Year BuiltEffective Age (Yrs)

FoundationConcrete Slab Crawl SpaceFull Basement Partial Basement

Basement Area sq.ft.Basement Finish %

Outside Entry/Exit Sump PumpEvidence of Infestation

Dampness Settlement

Exterior Description materials/conditionFoundation WallsExterior WallsRoof SurfaceGutters & DownspoutsWindow TypeStorm Sash/InsulatedScreens

Interior materials/conditionFloorsWallsTrim/FinishBath FloorBath Wainscot

Attic NoneDrop Stair StairsFloor ScuttleFinished Heated

Heating FWA HWBB RadiantOther Fuel

Cooling Central Air ConditioningIndividual Other

AmenitiesFireplace(s) #Patio/DeckPool

Woodstove(s) #FencePorchOther

Car Storage NoneDriveway # of Cars

Driveway SurfaceGarage # of CarsCarport # of CarsAtt. Det. Built-in

Appliances Refrigerator Range/Oven Dishwasher Disposal Microwave Washer/Dryer Other (describe)Finished area above grade contains: Rooms Bedrooms Bath(s) Square Feet of Gross Living Area Above GradeAdditional features (special energy efficient items, etc.).

Describe the condition of the property (including needed repairs, deterioration, renovations, remodeling, etc.).

Are there any physical deficiencies or adverse conditions that affect the livability, soundness, or structural integrity of the property? Yes No If Yes, describe

Does the property generally conform to the neighborhood (functional utility, style, condition, use, construction, etc.)? Yes No If No, describe

Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 1 of 6 Fannie Mae Form 1004 March 2005

Page #6Main File No. RT060317-02

Page 8: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Uniform Residential Appraisal Report File #

SALE

S C

OM

PAR

ISO

N A

PPR

OA

CH

REC

ON

CIL

IATI

ON

There are comparable properties currently offered for sale in the subject neighborhood ranging in price from $ to $ .There are comparable sales in the subject neighborhood within the past twelve months ranging in sale price from $ to $ .

FEATURE SUBJECT COMPARABLE SALE # 1 COMPARABLE SALE # 2 COMPARABLE SALE # 3Address

Proximity to SubjectSale Price $ $ $ $Sale Price/Gross Liv. Area $ sq.ft. $ sq.ft. $ sq.ft. $ sq.ft.Data Source(s)Verification Source(s)VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION +(-) $ Adjustment DESCRIPTION +(-) $ Adjustment DESCRIPTION +(-) $ AdjustmentSales or FinancingConcessionsDate of Sale/TimeLocationLeasehold/Fee SimpleSiteViewDesign (Style)Quality of ConstructionActual AgeConditionAbove Grade Total Bdrms. Baths Total Bdrms. Baths Total Bdrms. Baths Total Bdrms. BathsRoom CountGross Living Area sq.ft. sq.ft. sq.ft. sq.ft.Basement & FinishedRooms Below GradeFunctional UtilityHeating/CoolingEnergy Efficient ItemsGarage/CarportPorch/Patio/Deck

Net Adjustment (Total) + - + - + -$ $ $Adjusted Sale Priceof Comparables $ $ $

Net Adj. %Gross Adj. %

Net Adj. %Gross Adj. %

Net Adj. %Gross Adj. %

I did did not research the sale or transfer history of the subject property and comparable sales. If not, explain

My research 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)My research 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)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 #1 COMPARABLE SALE #2 COMPARABLE SALE #3Date of Prior Sale/TransferPrice of Prior Sale/TransferData Source(s)Effective Date of Data Source(s)Analysis of prior sale or transfer history of the subject property and comparable sales

Summary of Sales Comparison Approach

Indicated Value by Sales Comparison Approach $Indicated Value by: Sales Comparison Approach $ Cost Approach (if developed) $ Income Approach (if developed) $

This appraisal is made "as is", subject to completion per plans and specifications on the basis of a hypothetical condition that the improvements have beencompleted, subject to the following repairs or alterations on the basis of a hypothetical condition that the repairs or alterations have been completed, or subject to thefollowing required inspection based on the extraordinary assumption that the condition or deficiency does not require alteration or repair:

Based on a complete visual inspection of the interior and exterior areas of the subject property, defined scope of work, statement of assumptions and limitingconditions, and appraiser's certification, my (our) opinion of the market value, as defined, of the real property that is the subject of this report is$ , as of , which is the date of inspection and the effective date of this appraisal.

Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 2 of 6 Fannie Mae Form 1004 March 2005

RT060317-02RT060317-02

2 160,000 194,9993 160,000 205,000

Montana St Lot 15Alice, TX 78332

196,800123.00

N;Res;Fee Simple7000 sfN;Res;DT1;RanchQ40C1

5 3 2.01,600

0sf

AverageCH/CANone1ga2dwPorch,Patio

Other NoneOther NoneOther None

CCBoR(MLS),JWCAD07/24/2017

1216 Montana StAlice, TX 783320.01 miles W

160,000123.46

Contract;DOM 1Contract,JWCAD Records

ArmLthFHA;0 0s07/16;Unk 0N;Res;Fee Simple7000 sfN;Res;DT1;RanchQ41 0C1

6 3 2.0 01,296 +7,296

0sf

AverageCH/CANone2dw +8,000Porch,None +2,000NoneNoneNone

17,29610.810.8 177,296

Contract,JWCAD07/24/2017

1315 Madison StAlice, TX 783322.08 miles NE

205,00098.94

SPBoR#106933;DOM 291CCBoR(MLS),JWCAD Records

ArmLthConv;0 0s04/17;Unk 0N;Res;Fee Simple14000 sf -1,400N;Res;DT1;Ranch 0Q432 +20,500C3 +4,100

6 3 2.1 -5002,072 -11,328

0sf

AverageCH/CANone2ga2dw -8,000Porch,PatioNoneNoneNone

3,3721.6

22.4 208,372

SPBoR(MLS),JWCAD07/24/2017

1424 Virginia AveKingsville, TX 7836323.17 miles SE

205,000128.13

KBoR#34035;DOM 47KBoR(MLS),KCAD Records

ArmLthConv;0 0s03/17;Unk 0N;Res;Fee Simple8811 sf 0N;Res;DT1;Ranch 0Q41 0C1

6 3 2.0 01,600

0sf

AverageCH/CANone2ga2dw -8,000Porch,PatioNoneNoneNone

-8,0003.93.9 197,000

KBoR(MLS),KCAD07/24/2017

Corpus Christi Board of Realtors (MLS), Jim Wells Co. Appraisal District.

Corpus Christi Board of Realtors (MLS), Jim Wells Co. Appraisal District.

No analysis or any current agreement of sale, options or listings werefound for subject property or sales other than the ones listed above. The subject has not been sold within the last 36 months as per MLS records.All three sales have not been sold within the last 36 months other than it most recent transactions above as per MLS records.

Since not every subject can be compared to the "ideal" comparable sale, the appraiser has chosen the bestcomparable sales in the subject marketing area. The subject is considered to be in overall C1 condition. Major adjustments were made for grossliving area at $24.00 a sqft. All other adjustments were based on contributory value. Gross living area shown for the comparable sales areestimates based on information from the appraisal district.

195,000195,000 195,392 0

Market actions of buyers and sellers are best analyzed by the Sales Comparison Approach. That approach is given greatest weight in thereconciliation. The Cost Approach provides confirmation of value only. The Income Approach was not developed.

No warranty of the subject is givenor implied. No liability is assumed for the structural or mechanical elements of the property. Appraiser is not a structural engineer or contractor.

195,000 06/30/2017

Form 1004UAD — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

RT060317-02RT060317-02

2 160,000 194,9993 160,000 205,000

Montana St Lot 15Alice, TX 78332

196,800123.00

N;Res;Fee Simple7000 sfN;Res;DT1;RanchQ40C1

5 3 2.01,600

0sf

AverageCH/CANone1ga2dwPorch,Patio

Other NoneOther NoneOther None

CCBoR(MLS),JWCAD07/24/2017

1216 Montana StAlice, TX 783320.01 miles W

160,000123.46

Contract;DOM 1Contract,JWCAD Records

ArmLthFHA;0 0s07/16;Unk 0N;Res;Fee Simple7000 sfN;Res;DT1;RanchQ41 0C1

6 3 2.0 01,296 +7,296

0sf

AverageCH/CANone2dw +8,000Porch,None +2,000NoneNoneNone

17,29610.810.8 177,296

Contract,JWCAD07/24/2017

1315 Madison StAlice, TX 783322.08 miles NE

205,00098.94

SPBoR#106933;DOM 291CCBoR(MLS),JWCAD Records

ArmLthConv;0 0s04/17;Unk 0N;Res;Fee Simple14000 sf -1,400N;Res;DT1;Ranch 0Q432 +20,500C3 +4,100

6 3 2.1 -5002,072 -11,328

0sf

AverageCH/CANone2ga2dw -8,000Porch,PatioNoneNoneNone

3,3721.6

22.4 208,372

SPBoR(MLS),JWCAD07/24/2017

1424 Virginia AveKingsville, TX 7836323.17 miles SE

205,000128.13

KBoR#34035;DOM 47KBoR(MLS),KCAD Records

ArmLthConv;0 0s03/17;Unk 0N;Res;Fee Simple8811 sf 0N;Res;DT1;Ranch 0Q41 0C1

6 3 2.0 01,600

0sf

AverageCH/CANone2ga2dw -8,000Porch,PatioNoneNoneNone

-8,0003.93.9 197,000

KBoR(MLS),KCAD07/24/2017

Corpus Christi Board of Realtors (MLS), Jim Wells Co. Appraisal District.

Corpus Christi Board of Realtors (MLS), Jim Wells Co. Appraisal District.

No analysis or any current agreement of sale, options or listings werefound for subject property or sales other than the ones listed above. The subject has not been sold within the last 36 months as per MLS records.All three sales have not been sold within the last 36 months other than it most recent transactions above as per MLS records.

Since not every subject can be compared to the "ideal" comparable sale, the appraiser has chosen the bestcomparable sales in the subject marketing area. The subject is considered to be in overall C1 condition. Major adjustments were made for grossliving area at $24.00 a sqft. All other adjustments were based on contributory value. Gross living area shown for the comparable sales areestimates based on information from the appraisal district.

195,000195,000 195,392 0

Market actions of buyers and sellers are best analyzed by the Sales Comparison Approach. That approach is given greatest weight in thereconciliation. The Cost Approach provides confirmation of value only. The Income Approach was not developed.

No warranty of the subject is givenor implied. No liability is assumed for the structural or mechanical elements of the property. Appraiser is not a structural engineer or contractor.

195,000 06/30/2017

Form 1004UAD — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Uniform Residential Appraisal Report File #

SALE

S C

OM

PAR

ISO

N A

PPR

OA

CH

REC

ON

CIL

IATI

ON

There are comparable properties currently offered for sale in the subject neighborhood ranging in price from $ to $ .There are comparable sales in the subject neighborhood within the past twelve months ranging in sale price from $ to $ .

FEATURE SUBJECT COMPARABLE SALE # 1 COMPARABLE SALE # 2 COMPARABLE SALE # 3Address

Proximity to SubjectSale Price $ $ $ $Sale Price/Gross Liv. Area $ sq.ft. $ sq.ft. $ sq.ft. $ sq.ft.Data Source(s)Verification Source(s)VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION +(-) $ Adjustment DESCRIPTION +(-) $ Adjustment DESCRIPTION +(-) $ AdjustmentSales or FinancingConcessionsDate of Sale/TimeLocationLeasehold/Fee SimpleSiteViewDesign (Style)Quality of ConstructionActual AgeConditionAbove Grade Total Bdrms. Baths Total Bdrms. Baths Total Bdrms. Baths Total Bdrms. BathsRoom CountGross Living Area sq.ft. sq.ft. sq.ft. sq.ft.Basement & FinishedRooms Below GradeFunctional UtilityHeating/CoolingEnergy Efficient ItemsGarage/CarportPorch/Patio/Deck

Net Adjustment (Total) + - + - + -$ $ $Adjusted Sale Priceof Comparables $ $ $

Net Adj. %Gross Adj. %

Net Adj. %Gross Adj. %

Net Adj. %Gross Adj. %

I did did not research the sale or transfer history of the subject property and comparable sales. If not, explain

My research 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)My research 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)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 #1 COMPARABLE SALE #2 COMPARABLE SALE #3Date of Prior Sale/TransferPrice of Prior Sale/TransferData Source(s)Effective Date of Data Source(s)Analysis of prior sale or transfer history of the subject property and comparable sales

Summary of Sales Comparison Approach

Indicated Value by Sales Comparison Approach $Indicated Value by: Sales Comparison Approach $ Cost Approach (if developed) $ Income Approach (if developed) $

This appraisal is made "as is", subject to completion per plans and specifications on the basis of a hypothetical condition that the improvements have beencompleted, subject to the following repairs or alterations on the basis of a hypothetical condition that the repairs or alterations have been completed, or subject to thefollowing required inspection based on the extraordinary assumption that the condition or deficiency does not require alteration or repair:

Based on a complete visual inspection of the interior and exterior areas of the subject property, defined scope of work, statement of assumptions and limitingconditions, and appraiser's certification, my (our) opinion of the market value, as defined, of the real property that is the subject of this report is$ , as of , which is the date of inspection and the effective date of this appraisal.

Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 2 of 6 Fannie Mae Form 1004 March 2005

Page #7Main File No. RT060317-02

Page 9: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Uniform Residential Appraisal Report File #

AD

DIT

ION

AL

CO

MM

ENTS

CO

ST A

PPR

OA

CH

INC

OM

EPU

D IN

FOR

MA

TIO

N

COST APPROACH TO 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)

ESTIMATED REPRODUCTION OR REPLACEMENT COST NEWSource of cost dataQuality rating from cost service Effective date of cost dataComments on Cost Approach (gross living area calculations, depreciation, etc.)

OPINION OF SITE VALUE =$DWELLING Sq.Ft. @ $ =$

Sq.Ft. @ $ =$=$

Garage/Carport Sq.Ft. @ $ =$Total Estimate of Cost-New =$Less Physical Functional ExternalDepreciation =$( )Depreciated Cost of Improvements =$"As-is" Value of Site Improvements =$

INDICATED VALUE BY COST APPROACH =$Estimated Remaining Economic Life (HUD and VA only) YearsINCOME APPROACH TO VALUE (not required by Fannie Mae)

Estimated Monthly Market Rent $ X Gross Rent Multiplier = $ Indicated Value by Income ApproachSummary of Income Approach (including support for market rent and GRM)

PROJECT INFORMATION FOR PUDs (if applicable)Is the developer/builder in control of the Homeowners' Association (HOA)? Yes No Unit type(s) Detached AttachedProvide 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 ProjectTotal number of phases Total number of units Total number of units soldTotal number of units rented Total number of units for sale Data source(s)Was the project created by the conversion of existing building(s) into a PUD? Yes No If Yes, date of conversion.Does the project contain any multi-dwelling units? Yes No Data SourceAre the units, common elements, and recreation facilities complete? Yes No If No, describe the status of completion.

Are the common elements leased to or by the Homeowners' Association? Yes No If Yes, describe the rental terms and options.

Describe common elements and recreational facilities.

Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 3 of 6 Fannie Mae Form 1004 March 2005

RT060317-02RT060317-02

I am an independent contractor engaged by Nexbank, SSB-75201, to complete this assignment; I am not an employee of, nor do I have an interestin, Nexbank, SSB-75201.

No employee, director, officer, or agent of the Seller, or any other third party acting as joint venture partner, independent contractor, appraisalcompany, appraisal management company, or partner on behalf of the Seller has influenced or attempted to influence the development, reporting,result, or review of this assignment through coercion, extortion, collusion, compensation, instruction, inducement, intimidation, bribery or in any othermanner.

The appraiser has not had any prior services on the subject in the past 36 months.

EXPOSURE TIME:Defined as: "The estimated length of time that the property interest being appraised would have been offered on the market prior to the hypotheticalconsummation of a sale at market value on the effective date of the appraisal."Exposure time is always presumed to precede the effective date of the appraisal. It is the estimated length of time the property would have beenoffered on the market, prior to the hypothetical sale, at the appraised value, on the effective date of the appraisal. It is a retrospective estimatebased on an analysis of past events assuming a competitive and open market. This includes not only adequate, sufficient and reasonable time, butadequate, sufficient and reasonable effort. It is often expressed as a range and is based on the following:1. Statistical information about DOM (most commonly obtained from the local MLS).2. Information gathered through sales verification.3. Interviews with market participants.Based upon historical market conditions, reasonable exposure time for the subject property would have been approximately 30 to 180 days. This isbased on the analysis of current market trends within the subject's sub-market, seasonal considerations and takes into account the size, conditionand price range of the subject property and surrounding area. It presupposes the list price would be at or near the appraised value. It also assumesprofessional (proactive) marketing by reputable local real estate offices.

The site value was estimated by past land saleswithin similar type neighborhoods in the area.

Marshall & SwiftAvg 12/2016

27,5001,600 95.23 152,368

0Por,Patio 4,000

376 30.65 11,524167,892

167,892

195,392

The Marshall & Swift Residential Cost Hand Book was used for the CostApproach. The price per SqFt was found by Multiplying the SqFt cost(Pg.Avg-19 Rev. 12/16), by the current cost multiplier(Pg. F-1 Rev. 12/16), bythe Local multiplier(Pg. F-7 Rev. 12/16). Physical depreciation is basedon the economic age/life method. The Remaining economic life is 60yrs.Site Value is by comparison.

60

Form 1004UAD — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

RT060317-02RT060317-02

I am an independent contractor engaged by Nexbank, SSB-75201, to complete this assignment; I am not an employee of, nor do I have an interestin, Nexbank, SSB-75201.

No employee, director, officer, or agent of the Seller, or any other third party acting as joint venture partner, independent contractor, appraisalcompany, appraisal management company, or partner on behalf of the Seller has influenced or attempted to influence the development, reporting,result, or review of this assignment through coercion, extortion, collusion, compensation, instruction, inducement, intimidation, bribery or in any othermanner.

The appraiser has not had any prior services on the subject in the past 36 months.

EXPOSURE TIME:Defined as: "The estimated length of time that the property interest being appraised would have been offered on the market prior to the hypotheticalconsummation of a sale at market value on the effective date of the appraisal."Exposure time is always presumed to precede the effective date of the appraisal. It is the estimated length of time the property would have beenoffered on the market, prior to the hypothetical sale, at the appraised value, on the effective date of the appraisal. It is a retrospective estimatebased on an analysis of past events assuming a competitive and open market. This includes not only adequate, sufficient and reasonable time, butadequate, sufficient and reasonable effort. It is often expressed as a range and is based on the following:1. Statistical information about DOM (most commonly obtained from the local MLS).2. Information gathered through sales verification.3. Interviews with market participants.Based upon historical market conditions, reasonable exposure time for the subject property would have been approximately 30 to 180 days. This isbased on the analysis of current market trends within the subject's sub-market, seasonal considerations and takes into account the size, conditionand price range of the subject property and surrounding area. It presupposes the list price would be at or near the appraised value. It also assumesprofessional (proactive) marketing by reputable local real estate offices.

The site value was estimated by past land saleswithin similar type neighborhoods in the area.

Marshall & SwiftAvg 12/2016

27,5001,600 95.23 152,368

0Por,Patio 4,000

376 30.65 11,524167,892

167,892

195,392

The Marshall & Swift Residential Cost Hand Book was used for the CostApproach. The price per SqFt was found by Multiplying the SqFt cost(Pg.Avg-19 Rev. 12/16), by the current cost multiplier(Pg. F-1 Rev. 12/16), bythe Local multiplier(Pg. F-7 Rev. 12/16). Physical depreciation is basedon the economic age/life method. The Remaining economic life is 60yrs.Site Value is by comparison.

60

Form 1004UAD — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Uniform Residential Appraisal Report File #

AD

DIT

ION

AL

CO

MM

ENTS

CO

ST A

PPR

OA

CH

INC

OM

EPU

D IN

FOR

MA

TIO

N

COST APPROACH TO 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)

ESTIMATED REPRODUCTION OR REPLACEMENT COST NEWSource of cost dataQuality rating from cost service Effective date of cost dataComments on Cost Approach (gross living area calculations, depreciation, etc.)

OPINION OF SITE VALUE =$DWELLING Sq.Ft. @ $ =$

Sq.Ft. @ $ =$=$

Garage/Carport Sq.Ft. @ $ =$Total Estimate of Cost-New =$Less Physical Functional ExternalDepreciation =$( )Depreciated Cost of Improvements =$"As-is" Value of Site Improvements =$

INDICATED VALUE BY COST APPROACH =$Estimated Remaining Economic Life (HUD and VA only) YearsINCOME APPROACH TO VALUE (not required by Fannie Mae)

Estimated Monthly Market Rent $ X Gross Rent Multiplier = $ Indicated Value by Income ApproachSummary of Income Approach (including support for market rent and GRM)

PROJECT INFORMATION FOR PUDs (if applicable)Is the developer/builder in control of the Homeowners' Association (HOA)? Yes No Unit type(s) Detached AttachedProvide 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 ProjectTotal number of phases Total number of units Total number of units soldTotal number of units rented Total number of units for sale Data source(s)Was the project created by the conversion of existing building(s) into a PUD? Yes No If Yes, date of conversion.Does the project contain any multi-dwelling units? Yes No Data SourceAre the units, common elements, and recreation facilities complete? Yes No If No, describe the status of completion.

Are the common elements leased to or by the Homeowners' Association? Yes No If Yes, describe the rental terms and options.

Describe common elements and recreational facilities.

Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 3 of 6 Fannie Mae Form 1004 March 2005

Page #8Main File No. RT060317-02

Page 10: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Uniform Residential Appraisal Report File #

This report form is designed to report an appraisal of a one-unit property or a one-unit property with an accessory unit;including a unit in a planned unit development (PUD). This report form is not designed to report an appraisal of amanufactured home or a unit in a condominium or cooperative project.

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 intendeduse, intended user, definition of market value, or assumptions and limiting conditions are not permitted. The appraiser mayexpand the scope of work to include any additional research or analysis necessary based on the complexity of this appraisalassignment. Modifications or deletions to the certifications are also not permitted. However, additional certifications that donot constitute material alterations to this appraisal report, such as those required by law or those related to the appraiser'scontinuing 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 thereporting requirements of this appraisal report form, including the following definition of market value, statement ofassumptions and limiting conditions, and certifications. The appraiser must, at a minimum: (1) perform a complete visualinspection of the interior and exterior areas of the subject property, (2) inspect the neighborhood, (3) inspect each of thecomparable 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 thesubject 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 openmarket under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assumingthe price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date andthe passing of title from seller to buyer under conditions whereby: (1) buyer and seller are typically motivated; (2) bothparties are well informed or well advised, and each acting in what he or she considers his or her own best interest; (3) areasonable time is allowed for exposure in the open market; (4) payment is made in terms of cash in U. S. dollars or in termsof financial arrangements comparable thereto; and (5) the price represents the normal consideration for the property soldunaffected 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 arenecessary for those costs which are normally paid by sellers as a result of tradition or law in a market area; these costs arereadily identifiable since the seller pays these costs in virtually all sales transactions. Special or creative financingadjustments can be made to the comparable property by comparisons to financing terms offered by a third party institutionallender that is not already involved in the property or transaction. Any adjustment should not be calculated on a mechanicaldollar for dollar cost of the financing or concession but the dollar amount of any adjustment should approximate the market'sreaction to the financing or concessions based on the appraiser's judgment.

STATEMENT OF ASSUMPTIONS AND LIMITING CONDITIONS: The appraiser's certification in this report issubject 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 titleto it, except for information that he or she became aware of during the research involved in performing this appraisal. Theappraiser 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 determinationof 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 anidentified Special Flood Hazard Area. Because the appraiser is not a surveyor, he or she makes no guarantees, express orimplied, 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, thepresence of hazardous wastes, toxic substances, etc.) observed during the inspection of the subject property or that he orshe became aware of during the research involved in performing the appraisal. Unless otherwise stated in this appraisalreport, the appraiser has no knowledge of any hidden or unapparent physical deficiencies or adverse conditions of theproperty (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 suchconditions and makes no guarantees or warranties, express or implied. The appraiser will not be responsible for any suchconditions 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 asan 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 satisfactorycompletion, repairs, or alterations on the assumption that the completion, repairs, or alterations of the subject property willbe performed in a professional manner.

Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 4 of 6 Fannie Mae Form 1004 March 2005

RT060317-02RT060317-02

Form 1004UAD — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

RT060317-02RT060317-02

Form 1004UAD — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Uniform Residential Appraisal Report File #

This report form is designed to report an appraisal of a one-unit property or a one-unit property with an accessory unit;including a unit in a planned unit development (PUD). This report form is not designed to report an appraisal of amanufactured home or a unit in a condominium or cooperative project.

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 intendeduse, intended user, definition of market value, or assumptions and limiting conditions are not permitted. The appraiser mayexpand the scope of work to include any additional research or analysis necessary based on the complexity of this appraisalassignment. Modifications or deletions to the certifications are also not permitted. However, additional certifications that donot constitute material alterations to this appraisal report, such as those required by law or those related to the appraiser'scontinuing 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 thereporting requirements of this appraisal report form, including the following definition of market value, statement ofassumptions and limiting conditions, and certifications. The appraiser must, at a minimum: (1) perform a complete visualinspection of the interior and exterior areas of the subject property, (2) inspect the neighborhood, (3) inspect each of thecomparable 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 thesubject 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 openmarket under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assumingthe price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date andthe passing of title from seller to buyer under conditions whereby: (1) buyer and seller are typically motivated; (2) bothparties are well informed or well advised, and each acting in what he or she considers his or her own best interest; (3) areasonable time is allowed for exposure in the open market; (4) payment is made in terms of cash in U. S. dollars or in termsof financial arrangements comparable thereto; and (5) the price represents the normal consideration for the property soldunaffected 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 arenecessary for those costs which are normally paid by sellers as a result of tradition or law in a market area; these costs arereadily identifiable since the seller pays these costs in virtually all sales transactions. Special or creative financingadjustments can be made to the comparable property by comparisons to financing terms offered by a third party institutionallender that is not already involved in the property or transaction. Any adjustment should not be calculated on a mechanicaldollar for dollar cost of the financing or concession but the dollar amount of any adjustment should approximate the market'sreaction to the financing or concessions based on the appraiser's judgment.

STATEMENT OF ASSUMPTIONS AND LIMITING CONDITIONS: The appraiser's certification in this report issubject 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 titleto it, except for information that he or she became aware of during the research involved in performing this appraisal. Theappraiser 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 determinationof 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 anidentified Special Flood Hazard Area. Because the appraiser is not a surveyor, he or she makes no guarantees, express orimplied, 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, thepresence of hazardous wastes, toxic substances, etc.) observed during the inspection of the subject property or that he orshe became aware of during the research involved in performing the appraisal. Unless otherwise stated in this appraisalreport, the appraiser has no knowledge of any hidden or unapparent physical deficiencies or adverse conditions of theproperty (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 suchconditions and makes no guarantees or warranties, express or implied. The appraiser will not be responsible for any suchconditions 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 asan 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 satisfactorycompletion, repairs, or alterations on the assumption that the completion, repairs, or alterations of the subject property willbe performed in a professional manner.

Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 4 of 6 Fannie Mae Form 1004 March 2005

Page #9Main File No. RT060317-02

Page 11: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Uniform Residential Appraisal Report File #

APPRAISER'S CERTIFICATION: The Appraiser certifies and agrees that:

1. I have, at a minimum, developed and reported this appraisal in accordance with the scope of work requirements stated inthis appraisal report.

2. I performed a complete visual inspection of the interior and exterior areas of the subject property. I reported the conditionof the improvements in factual, specific terms. I identified and reported the physical deficiencies that could affect thelivability, soundness, or structural integrity of the property.

3. I performed this appraisal in accordance with the requirements of the Uniform Standards of Professional AppraisalPractice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were inplace 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 salescomparison approach to value. I have adequate comparable market data to develop a reliable sales comparison approachfor this appraisal assignment. I further certify that I considered the cost and income approaches to value but did not developthem, 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 forsale of the subject property in the twelve months prior to the effective date of this appraisal, and the prior sales of the subjectproperty 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 priorto 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 thathas been built or will be built on the land.

9. I have reported adjustments to the comparable sales that reflect the market's reaction to the differences between the subjectproperty 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 inthe 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 listingservices, 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 fromreliable 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, subjectproperty, and the proximity of the subject property to adverse influences in the development of my opinion of market value. Ihave noted in this appraisal report any adverse conditions (such as, but not limited to, needed repairs, deterioration, thepresence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) observed during the inspection of thesubject property or that I became aware of during the research involved in performing this appraisal. I have considered theseadverse conditions in my analysis of the property value, and have reported on the effect of the conditions on the value andmarketability of the subject property.

15. I have not knowingly withheld any significant information from this appraisal report and, to the best of my knowledge, allstatements 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, whichare 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 orprospective personal interest or bias with respect to the participants in the transaction. I did not base, either partially orcompletely, my analysis and/or opinion of market value in this appraisal report on the race, color, religion, sex, age, maritalstatus, handicap, familial status, or national origin of either the prospective owners or occupants of the subject property or of thepresent 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 notconditioned on any agreement or understanding, written or otherwise, that I would report (or present analysis supporting) apredetermined specific value, a predetermined minimum value, a range or direction in value, a value that favors the cause ofany party, or the attainment of a specific result or occurrence of a specific subsequent event (such as approval of a pendingmortgage loan application).

19. I personally prepared all conclusions and opinions about the real estate that were set forth in this appraisal report. If Irelied on significant real property appraisal assistance from any individual or individuals in the performance of this appraisalor the preparation of this appraisal report, I have named such individual(s) and disclosed the specific tasks performed in thisappraisal report. I certify that any individual so named is qualified to perform the tasks. I have not authorized anyone to makea change to any item in this appraisal report; therefore, any change made to this appraisal is unauthorized and I will take noresponsibility for it.

20. I identified the lender/client in this appraisal report who is the individual, organization, or agent for the organization thatordered and will receive this appraisal report.

Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 5 of 6 Fannie Mae Form 1004 March 2005

RT060317-02RT060317-02

Form 1004UAD — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

RT060317-02RT060317-02

Form 1004UAD — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Uniform Residential Appraisal Report File #

APPRAISER'S CERTIFICATION: The Appraiser certifies and agrees that:

1. I have, at a minimum, developed and reported this appraisal in accordance with the scope of work requirements stated inthis appraisal report.

2. I performed a complete visual inspection of the interior and exterior areas of the subject property. I reported the conditionof the improvements in factual, specific terms. I identified and reported the physical deficiencies that could affect thelivability, soundness, or structural integrity of the property.

3. I performed this appraisal in accordance with the requirements of the Uniform Standards of Professional AppraisalPractice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were inplace 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 salescomparison approach to value. I have adequate comparable market data to develop a reliable sales comparison approachfor this appraisal assignment. I further certify that I considered the cost and income approaches to value but did not developthem, 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 forsale of the subject property in the twelve months prior to the effective date of this appraisal, and the prior sales of the subjectproperty 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 priorto 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 thathas been built or will be built on the land.

9. I have reported adjustments to the comparable sales that reflect the market's reaction to the differences between the subjectproperty 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 inthe 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 listingservices, 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 fromreliable 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, subjectproperty, and the proximity of the subject property to adverse influences in the development of my opinion of market value. Ihave noted in this appraisal report any adverse conditions (such as, but not limited to, needed repairs, deterioration, thepresence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) observed during the inspection of thesubject property or that I became aware of during the research involved in performing this appraisal. I have considered theseadverse conditions in my analysis of the property value, and have reported on the effect of the conditions on the value andmarketability of the subject property.

15. I have not knowingly withheld any significant information from this appraisal report and, to the best of my knowledge, allstatements 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, whichare 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 orprospective personal interest or bias with respect to the participants in the transaction. I did not base, either partially orcompletely, my analysis and/or opinion of market value in this appraisal report on the race, color, religion, sex, age, maritalstatus, handicap, familial status, or national origin of either the prospective owners or occupants of the subject property or of thepresent 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 notconditioned on any agreement or understanding, written or otherwise, that I would report (or present analysis supporting) apredetermined specific value, a predetermined minimum value, a range or direction in value, a value that favors the cause ofany party, or the attainment of a specific result or occurrence of a specific subsequent event (such as approval of a pendingmortgage loan application).

19. I personally prepared all conclusions and opinions about the real estate that were set forth in this appraisal report. If Irelied on significant real property appraisal assistance from any individual or individuals in the performance of this appraisalor the preparation of this appraisal report, I have named such individual(s) and disclosed the specific tasks performed in thisappraisal report. I certify that any individual so named is qualified to perform the tasks. I have not authorized anyone to makea change to any item in this appraisal report; therefore, any change made to this appraisal is unauthorized and I will take noresponsibility for it.

20. I identified the lender/client in this appraisal report who is the individual, organization, or agent for the organization thatordered and will receive this appraisal report.

Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 5 of 6 Fannie Mae Form 1004 March 2005

Page #10Main File No. RT060317-02

Page 12: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Uniform Residential Appraisal Report File #

21. The lender/client may disclose or distribute this appraisal report to: the borrower; another lender at the request of theborrower; the mortgagee or its successors and assigns; mortgage insurers; government sponsored enterprises; othersecondary market participants; data collection or reporting services; professional appraisal organizations; any department,agency, or instrumentality of the United States; and any state, the District of Columbia, or other jurisdictions; without having toobtain the appraiser's or supervisory appraiser's (if applicable) consent. Such consent must be obtained before this appraisalreport may be disclosed or distributed to any other party (including, but not limited to, the public through advertising, publicrelations, news, sales, or other media).

22. I am aware that any disclosure or distribution of this appraisal report by me or the lender/client may be subject to certainlaws and regulations. Further, I am also subject to the provisions of the Uniform Standards of Professional Appraisal Practicethat pertain to disclosure or distribution by me.

23. The borrower, another lender at the request of the borrower, the mortgagee or its successors and assigns, mortgageinsurers, government sponsored enterprises, and other secondary market participants may rely on this appraisal report as partof 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 aredefined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of thisappraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable andvalid 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/orcriminal penalties including, but not limited to, fine or imprisonment or both under the provisions of Title 18, United StatesCode, 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'sanalysis, 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 theappraisal 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 andpromulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the time this appraisalreport was prepared.

5. If this appraisal report was transmitted as an "electronic record" containing my "electronic signature," as those terms aredefined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of thisappraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable andvalid as if a paper version of this appraisal report were delivered containing my original hand written signature.

APPRAISER

SignatureNameCompany NameCompany Address

Telephone NumberEmail AddressDate of Signature and ReportEffective Date of AppraisalState Certification #or State License #or Other (describe) State #StateExpiration Date of Certification or License

ADDRESS OF PROPERTY APPRAISED

APPRAISED VALUE OF SUBJECT PROPERTY $LENDER/CLIENTNameCompany NameCompany Address

Email Address

SUPERVISORY APPRAISER (ONLY IF REQUIRED)

SignatureNameCompany NameCompany Address

Telephone NumberEmail AddressDate of SignatureState Certification #or State License #StateExpiration Date of Certification or License

SUBJECT PROPERTY

Did not inspect subject propertyDid inspect exterior of subject property from streetDate of InspectionDid inspect interior and exterior of subject propertyDate of Inspection

COMPARABLE SALES

Did not inspect exterior of comparable sales from streetDid inspect exterior of comparable sales from streetDate of Inspection

Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 6 of 6 Fannie Mae Form 1004 March 2005

RT060317-02RT060317-02

Guadalupe Carlos RodriguezAlice Appraisal Service

PO Box1635Alice, TX 78333(361) 668-9332

[email protected]/24/2017

06/30/2017

1324922

TX03/31/2019

Montana St Lot 15Alice, TX 78332

195,000

Momentum Appraisal Group, Inc.Nexbank, SSB-75201

2515 Mckinney Ave, Suite 1700, Dallas, TX75201

n/a

Form 1004UAD — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

RT060317-02RT060317-02

Guadalupe Carlos RodriguezAlice Appraisal Service

PO Box1635Alice, TX 78333(361) 668-9332

[email protected]/24/2017

06/30/2017

1324922

TX03/31/2019

Montana St Lot 15Alice, TX 78332

195,000

Momentum Appraisal Group, Inc.Nexbank, SSB-75201

2515 Mckinney Ave, Suite 1700, Dallas, TX75201

n/a

Form 1004UAD — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Uniform Residential Appraisal Report File #

21. The lender/client may disclose or distribute this appraisal report to: the borrower; another lender at the request of theborrower; the mortgagee or its successors and assigns; mortgage insurers; government sponsored enterprises; othersecondary market participants; data collection or reporting services; professional appraisal organizations; any department,agency, or instrumentality of the United States; and any state, the District of Columbia, or other jurisdictions; without having toobtain the appraiser's or supervisory appraiser's (if applicable) consent. Such consent must be obtained before this appraisalreport may be disclosed or distributed to any other party (including, but not limited to, the public through advertising, publicrelations, news, sales, or other media).

22. I am aware that any disclosure or distribution of this appraisal report by me or the lender/client may be subject to certainlaws and regulations. Further, I am also subject to the provisions of the Uniform Standards of Professional Appraisal Practicethat pertain to disclosure or distribution by me.

23. The borrower, another lender at the request of the borrower, the mortgagee or its successors and assigns, mortgageinsurers, government sponsored enterprises, and other secondary market participants may rely on this appraisal report as partof 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 aredefined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of thisappraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable andvalid 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/orcriminal penalties including, but not limited to, fine or imprisonment or both under the provisions of Title 18, United StatesCode, 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'sanalysis, 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 theappraisal 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 andpromulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the time this appraisalreport was prepared.

5. If this appraisal report was transmitted as an "electronic record" containing my "electronic signature," as those terms aredefined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of thisappraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable andvalid as if a paper version of this appraisal report were delivered containing my original hand written signature.

APPRAISER

SignatureNameCompany NameCompany Address

Telephone NumberEmail AddressDate of Signature and ReportEffective Date of AppraisalState Certification #or State License #or Other (describe) State #StateExpiration Date of Certification or License

ADDRESS OF PROPERTY APPRAISED

APPRAISED VALUE OF SUBJECT PROPERTY $LENDER/CLIENTNameCompany NameCompany Address

Email Address

SUPERVISORY APPRAISER (ONLY IF REQUIRED)

SignatureNameCompany NameCompany Address

Telephone NumberEmail AddressDate of SignatureState Certification #or State License #StateExpiration Date of Certification or License

SUBJECT PROPERTY

Did not inspect subject propertyDid inspect exterior of subject property from streetDate of InspectionDid inspect interior and exterior of subject propertyDate of Inspection

COMPARABLE SALES

Did not inspect exterior of comparable sales from streetDid inspect exterior of comparable sales from streetDate of Inspection

Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 6 of 6 Fannie Mae Form 1004 March 2005

Page #11Main File No. RT060317-02

Page 13: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Uniform Residential Appraisal Report File #

SALE

S C

OM

PAR

ISO

N A

PPR

OA

CH

SALE

HIS

TOR

YA

NA

LYSI

S / C

OM

MEN

TS

FEATURE SUBJECT COMPARABLE SALE # COMPARABLE SALE # COMPARABLE SALE #Address

Proximity to SubjectSale Price $ $ $ $Sale Price/Gross Liv. Area $ sq.ft. $ sq.ft. $ sq.ft. $ sq.ft.Data Source(s)Verification Source(s)VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION +(-) $ Adjustment DESCRIPTION +(-) $ Adjustment DESCRIPTION +(-) $ AdjustmentSales or FinancingConcessionsDate of Sale/TimeLocationLeasehold/Fee SimpleSiteViewDesign (Style)Quality of ConstructionActual AgeConditionAbove Grade Total Bdrms. Baths Total Bdrms. Baths Total Bdrms. Baths Total Bdrms. BathsRoom CountGross Living Area sq.ft. sq.ft. sq.ft. sq.ft.Basement & FinishedRooms Below GradeFunctional UtilityHeating/CoolingEnergy Efficient ItemsGarage/CarportPorch/Patio/Deck

Net Adjustment (Total) + - + - + -$ $ $Adjusted Sale Priceof Comparables $ $ $

Net Adj. %Gross Adj. %

Net Adj. %Gross Adj. %

Net Adj. %Gross Adj. %

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 # COMPARABLE SALE # COMPARABLE SALE #

Date of Prior Sale/TransferPrice of Prior Sale/TransferData Source(s)Effective Date of Data Source(s)Analysis of prior sale or transfer history of the subject property and comparable sales

Analysis/Comments

Freddie Mac Form 70 March 2005 Fannie Mae Form 1004 March 2005UAD Version 9/2011

RT060317-02RT060317-02

Montana St Lot 15Alice, TX 78332

196,800123.00

N;Res;Fee Simple7000 sfN;Res;DT1;RanchQ40C1

5 3 2.01,600

0sf

AverageCH/CANone1ga2dwPorch,Patio

Other NoneOther NoneOther None

CCBoR(MLS),JWCAD07/24/2017

1213 Montana StAlice, TX 783320.04 miles W

160,000122.42

CCBoR#312317;DOM 38CCBoR(MLS),JWCAD Records

ListingActive;0 0Active 0N;Res;Fee Simple7000 sfN;Res;DT1;RanchQ41 0C1

6 3 2.0 01,307 +7,032

0sf

AverageCH/CANone1cp2dw +7,000Porch,None +2,000NoneNoneNone

16,03210.010.0 176,032

CCBoR(MLS),JWCAD07/24/2017

1222 Carlos TrlAlice, TX 783322.26 miles SE

194,99993.70

CCBoR#305351;DOM 207CCBoR(MLS),JWCAD Records

ListingActive;0 0Active 0N;Res;Fee Simple10367 sf 0N;Res;DT1;Ranch 0Q410 +9,750C3 +3,900

6 3 2.0 02,081 -11,544

0sf

AverageCH/CANone2ga2dw -8,000Porch,PatioNoneNoneNone

-5,8943.0

17.0 189,105

CCBoR(MLS),JWCAD07/24/2017

4 5 6

4 5 6

The above listings have not been sold within the last 12 months.

The above are current active listings.

Form 1004UAD.(AC) — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

RT060317-02RT060317-02

Montana St Lot 15Alice, TX 78332

196,800123.00

N;Res;Fee Simple7000 sfN;Res;DT1;RanchQ40C1

5 3 2.01,600

0sf

AverageCH/CANone1ga2dwPorch,Patio

Other NoneOther NoneOther None

CCBoR(MLS),JWCAD07/24/2017

1213 Montana StAlice, TX 783320.04 miles W

160,000122.42

CCBoR#312317;DOM 38CCBoR(MLS),JWCAD Records

ListingActive;0 0Active 0N;Res;Fee Simple7000 sfN;Res;DT1;RanchQ41 0C1

6 3 2.0 01,307 +7,032

0sf

AverageCH/CANone1cp2dw +7,000Porch,None +2,000NoneNoneNone

16,03210.010.0 176,032

CCBoR(MLS),JWCAD07/24/2017

1222 Carlos TrlAlice, TX 783322.26 miles SE

194,99993.70

CCBoR#305351;DOM 207CCBoR(MLS),JWCAD Records

ListingActive;0 0Active 0N;Res;Fee Simple10367 sf 0N;Res;DT1;Ranch 0Q410 +9,750C3 +3,900

6 3 2.0 02,081 -11,544

0sf

AverageCH/CANone2ga2dw -8,000Porch,PatioNoneNoneNone

-5,8943.0

17.0 189,105

CCBoR(MLS),JWCAD07/24/2017

4 5 6

4 5 6

The above listings have not been sold within the last 12 months.

The above are current active listings.

Form 1004UAD.(AC) — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Uniform Residential Appraisal Report File #

SALE

S C

OM

PAR

ISO

N A

PPR

OA

CH

SALE

HIS

TOR

YA

NA

LYSI

S / C

OM

MEN

TS

FEATURE SUBJECT COMPARABLE SALE # COMPARABLE SALE # COMPARABLE SALE #Address

Proximity to SubjectSale Price $ $ $ $Sale Price/Gross Liv. Area $ sq.ft. $ sq.ft. $ sq.ft. $ sq.ft.Data Source(s)Verification Source(s)VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION +(-) $ Adjustment DESCRIPTION +(-) $ Adjustment DESCRIPTION +(-) $ AdjustmentSales or FinancingConcessionsDate of Sale/TimeLocationLeasehold/Fee SimpleSiteViewDesign (Style)Quality of ConstructionActual AgeConditionAbove Grade Total Bdrms. Baths Total Bdrms. Baths Total Bdrms. Baths Total Bdrms. BathsRoom CountGross Living Area sq.ft. sq.ft. sq.ft. sq.ft.Basement & FinishedRooms Below GradeFunctional UtilityHeating/CoolingEnergy Efficient ItemsGarage/CarportPorch/Patio/Deck

Net Adjustment (Total) + - + - + -$ $ $Adjusted Sale Priceof Comparables $ $ $

Net Adj. %Gross Adj. %

Net Adj. %Gross Adj. %

Net Adj. %Gross Adj. %

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 # COMPARABLE SALE # COMPARABLE SALE #

Date of Prior Sale/TransferPrice of Prior Sale/TransferData Source(s)Effective Date of Data Source(s)Analysis of prior sale or transfer history of the subject property and comparable sales

Analysis/Comments

Freddie Mac Form 70 March 2005 Fannie Mae Form 1004 March 2005UAD Version 9/2011

Page #12Main File No. RT060317-02

Page 14: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Property AddressCity County State Zip Code

File No.Supplemental Addendum

Form TADD — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

RT060317-02Sophie YanezMontana St Lot 15Alice Jim Wells TX 78332Nexbank, SSB-75201

Borrower

Lender/Client

Page #13Main File No. RT060317-02

NEIGHBORHOODSubject neighborhood is located in the Northern area of the City. The neighborhood is close to all major facilities and theneighborhood is well established.

SUBJECT DATAThe subject was considered to be in overall C1 condition due to it being a newly constructed home. The appraised value issubject to completion of the home based on plans and specifications.

SALES DISTANCEAll sales and the listing are located in the city of Alice and Kingsville.

SALES DATAThe three sales used in the report were considered the most similar to the subject within a 30 mile radius which had closedwithin the last 12 months. The appraiser searched an approximate 30 mile radius for sales data and the sales used in thereport were considered the most similar.

Gross Living Area was adjusted at $24.00 a square foot.

Sale #2 sold within the last 90 days.

Sale #1 sold more than six months ago; but is considered the best available within the subjects marketing area. It wasnecessary to use a older sale because there are limited recent open market sales in the subjects marketing area.

Sale #2 and listing #5 are older aged homes located in the City of Alice. The use of older aged sales was unavoidable andcommon when appraising new construction in Alice.

Sale #3 is located in the nearby city of Kingsville. This was the closest marketing area which had any similar newconstruction; it was unavoidable to use this sale due to lack of similar sales in Kingsville.

Sale #2 was adjusted at 10% of its sales price for noted age differences. Listing #5 was adjusted at 5% of is list price for notedage differences. Sales #2 and listing #5 were adjusted at 2% of its sales/list price for noted AGE differences.

All comparable sales are settled to the best of the appraiser's knowledge. Current contract of sale and listings were consideredbut were not used. Verification is with the Corpus Christi and San Patricio Multiple listing service.

Reconciliation: After all adjustments were made, a narrow range of indicated values is found. None of the sales stands wellalone as a indicator of value, but collectively they support each other and the value conclusion.

DAYS ON THE MARKET (DOM)which has been shown in the market grid for each of the comparable sales, represents the information provided by the listingcard form the multiple listing service. This information pertains to the most current listing card and does not take intoconsideration any prior listings, either through a broker or as a private sale (i.e for sale by owner)

The appraiser is NOT a home inspector or licensed contractor or professional engineer or land surveyor. Theappraisal does not guarantee that the property is free of defects or environmental problems. Mold may or may not bepresent in areas the appraiser could not readily observe. The appraisal is for valuation purposes and should not besubstituted for a home inspection, a mechanical inspection or a structural inspection. The Appraiser would recommendthe buyer to have the inspections done if there is a concern.

SIGNATURE ON THE APPRAISAL REPORT IS DIGITAL AND PASSWORD SECURED.

This appraisal report is not to be used for tax protest purposes with the appraisal district review board or appraisaldistrict.

Definition of Market Value: The most probable price which a property should bring in a competitive and open market underall conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowlldegeably and assuming the price is notaffected by undue stimulous. Implicit in this definition is the consummation of a sale as of a specified date and the passing oftitle from seller to buyer under conditions whereby: (1) buyer and seller are typically motivated; (2) both parties are wellinformed or well advised, and each acting in what he or she considers his or her own best interest; (3) a reasonable time isallowed for exposure in the open market; (4) payment is made in terms of cash in U.S. dollars or in terms of financialarrangements comparable thereto: and (5) the price represents the normal consideration for the property sold unaffected byspecial or creative financing or sales concessions granted by anyone associated with the sale.

FIRREA Certification Statement: The appraiser certifies and agrees that this appraisal report was prepared in accordancewith the requirements of Title XI of the Financial Institutions, Reform, Recovery, and Enforcement Act (FIRREA) of 1989, asamended (12 U.S.C. 3331 et seq.), and any applicable implementing regulations in effect at the time the appraiser signs theappraisal certification.

Highest and Best Use is a Land Use Analysis that concludes maximum productivity of a site "as improved". Tests applied tothe site as vacant and as improved are conclusions of Physical Possible Uses that are Legally Permissible and Economically

Page 15: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Property AddressCity County State Zip Code

File No.Supplemental Addendum

Form TADD — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

RT060317-02Sophie YanezMontana St Lot 15Alice Jim Wells TX 78332Nexbank, SSB-75201

Borrower

Lender/Client

Page #14Main File No. RT060317-02

Feasible resulting in the maximum productivity conclusion. In the Site section the physical and legal characteristics aresummarized as are the improvements in the Improvement section of the URAR. The economic conclusion of marketability ismade in comparison with the conclusions of central tendencies and Market Conditions reported in the neighborhood section ofthe URAR. From these separate analyses, Market, Site and Improvement the appraiser concluded that as improved in itscurrent use the subject is in its Highest and Best Use as reported.

Page 16: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

File No.Market Conditions Addendum to the Appraisal ReportM

AR

KET

RES

EAR

CH

& A

NA

LYSI

SC

ON

DO

/CO

-OP

PRO

JEC

TSA

PPR

AIS

ER

The purpose of this addendum is to provide the lender/client with a clear and accurate understanding of the market trends and conditions prevalent in the subjectneighborhood. This is a required addendum for all appraisal reports with an effective date on or after April 1, 2009.Property Address City State ZIP CodeBorrowerInstructions: The appraiser must use the information required on this form as the basis for his/her conclusions, and must provide support for those conclusions, regardinghousing trends and overall market conditions as reported in the Neighborhood section of the appraisal report form. The appraiser must fill in all the information to the extentit is available and reliable and must provide analysis as indicated below. If any required data is unavailable or is considered unreliable, the appraiser must provide anexplanation. It is recognized that not all data sources will be able to provide data for the shaded areas below; if it is available, however, the appraiser must include the datain the analysis. If data sources provide the required information as an average instead of the median, the appraiser should report the available figure and identify it as anaverage. Sales and listings must be properties that compete with the subject property, determined by applying the criteria that would be used by a prospective buyer of thesubject property. The appraiser must explain any anomalies in the data, such as seasonal markets, new construction, foreclosures, etc.Inventory Analysis Prior 7–12 Months Prior 4–6 Months Current – 3 Months Overall Trend

Median Sale & List Price, DOM, Sale/List % Prior 7–12 Months Prior 4–6 Months Current – 3 Months

Total # of Comparable Sales (Settled)Absorption Rate (Total Sales/Months)Total # of Comparable Active ListingsMonths of Housing Supply (Total Listings/Ab.Rate)

Median Comparable Sale PriceMedian Comparable Sales Days on MarketMedian Comparable List PriceMedian Comparable Listings Days on MarketMedian Sale Price as % of List Price

Increasing Stable DecliningIncreasing Stable DecliningDeclining Stable IncreasingDeclining Stable Increasing

Overall TrendIncreasing Stable DecliningDeclining Stable IncreasingIncreasing Stable DecliningDeclining Stable IncreasingIncreasing Stable Declining

Seller-(developer, builder, etc.)paid financial assistance prevalent? Yes No Declining Stable IncreasingExplain in detail the seller concessions trends for the past 12 months (e.g., seller contributions increased from 3% to 5%, increasing use of buydowns, closing costs, condofees, options, etc.).

Are foreclosure sales (REO sales) a factor in the market? Yes No If yes, explain (including the trends in listings and sales of foreclosed properties).

Cite data sources for above information.

Summarize the above information as support for your conclusions in the Neighborhood section of the appraisal report form. If you used any additional information, such asan analysis of pending sales and/or expired and withdrawn listings, to formulate your conclusions, provide both an explanation and support for your conclusions.

If the subject is a unit in a condominium or cooperative project , complete the following: Project Name:Subject Project Data Prior 7–12 Months Prior 4–6 Months Current – 3 Months Overall TrendTotal # of Comparable Sales (Settled)Absorption Rate (Total Sales/Months)

Months of Unit Supply (Total Listings/Ab.Rate)Total # of Active Comparable Listings

Increasing Stable DecliningIncreasing Stable DecliningDeclining Stable IncreasingDeclining Stable Increasing

Are foreclosure sales (REO sales) a factor in the project? Yes No If yes, indicate the number of REO listings and explain the trends in listings and sales offoreclosed properties.

Summarize the above trends and address the impact on the subject unit and project.

SignatureAppraiser NameCompany NameCompany AddressState License/Certification # State

Email Address

SignatureSupervisory Appraiser NameCompany NameCompany AddressState License/Certification # State

Email Address

Freddie Mac Form 71 March 2009 Page 1 of 1 Fannie Mae Form 1004MC March 2009

RT060317-02RT060317-02

Montana St Lot 15 Alice TX 78332Sophie Yanez

10.17

15.9

160,0001

194,999207.82

10.33

00

205,00047000

10.33

13.0

205,000291

160,00038.78

Sellers concessions appeared to remain typical and unchanged within the last 12 months within the subjects marketingneighborhood.

The above data was retrieved from MLS records.

The appraiser researched sales and listing data for the above blocks of data (current-3 months, prior 4-6 Months, and prior 7-12 Months) forthe subjects marketing neighborhood. The data shows that the market trend for the neighborhood is stable.

Guadalupe Carlos RodriguezAlice Appraisal Service

PO Box1635, Alice, TX 783331324922 TX

[email protected]

Form 1004MC2 — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

RT060317-02RT060317-02

Montana St Lot 15 Alice TX 78332Sophie Yanez

10.17

15.9

160,0001

194,999207.82

10.33

00

205,00047000

10.33

13.0

205,000291

160,00038.78

Sellers concessions appeared to remain typical and unchanged within the last 12 months within the subjects marketingneighborhood.

The above data was retrieved from MLS records.

The appraiser researched sales and listing data for the above blocks of data (current-3 months, prior 4-6 Months, and prior 7-12 Months) forthe subjects marketing neighborhood. The data shows that the market trend for the neighborhood is stable.

Guadalupe Carlos RodriguezAlice Appraisal Service

PO Box1635, Alice, TX 783331324922 TX

[email protected]

Form 1004MC2 — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

File No.Market Conditions Addendum to the Appraisal ReportM

AR

KET

RES

EAR

CH

& A

NA

LYSI

SC

ON

DO

/CO

-OP

PRO

JEC

TSA

PPR

AIS

ER

The purpose of this addendum is to provide the lender/client with a clear and accurate understanding of the market trends and conditions prevalent in the subjectneighborhood. This is a required addendum for all appraisal reports with an effective date on or after April 1, 2009.Property Address City State ZIP CodeBorrowerInstructions: The appraiser must use the information required on this form as the basis for his/her conclusions, and must provide support for those conclusions, regardinghousing trends and overall market conditions as reported in the Neighborhood section of the appraisal report form. The appraiser must fill in all the information to the extentit is available and reliable and must provide analysis as indicated below. If any required data is unavailable or is considered unreliable, the appraiser must provide anexplanation. It is recognized that not all data sources will be able to provide data for the shaded areas below; if it is available, however, the appraiser must include the datain the analysis. If data sources provide the required information as an average instead of the median, the appraiser should report the available figure and identify it as anaverage. Sales and listings must be properties that compete with the subject property, determined by applying the criteria that would be used by a prospective buyer of thesubject property. The appraiser must explain any anomalies in the data, such as seasonal markets, new construction, foreclosures, etc.Inventory Analysis Prior 7–12 Months Prior 4–6 Months Current – 3 Months Overall Trend

Median Sale & List Price, DOM, Sale/List % Prior 7–12 Months Prior 4–6 Months Current – 3 Months

Total # of Comparable Sales (Settled)Absorption Rate (Total Sales/Months)Total # of Comparable Active ListingsMonths of Housing Supply (Total Listings/Ab.Rate)

Median Comparable Sale PriceMedian Comparable Sales Days on MarketMedian Comparable List PriceMedian Comparable Listings Days on MarketMedian Sale Price as % of List Price

Increasing Stable DecliningIncreasing Stable DecliningDeclining Stable IncreasingDeclining Stable Increasing

Overall TrendIncreasing Stable DecliningDeclining Stable IncreasingIncreasing Stable DecliningDeclining Stable IncreasingIncreasing Stable Declining

Seller-(developer, builder, etc.)paid financial assistance prevalent? Yes No Declining Stable IncreasingExplain in detail the seller concessions trends for the past 12 months (e.g., seller contributions increased from 3% to 5%, increasing use of buydowns, closing costs, condofees, options, etc.).

Are foreclosure sales (REO sales) a factor in the market? Yes No If yes, explain (including the trends in listings and sales of foreclosed properties).

Cite data sources for above information.

Summarize the above information as support for your conclusions in the Neighborhood section of the appraisal report form. If you used any additional information, such asan analysis of pending sales and/or expired and withdrawn listings, to formulate your conclusions, provide both an explanation and support for your conclusions.

If the subject is a unit in a condominium or cooperative project , complete the following: Project Name:Subject Project Data Prior 7–12 Months Prior 4–6 Months Current – 3 Months Overall TrendTotal # of Comparable Sales (Settled)Absorption Rate (Total Sales/Months)

Months of Unit Supply (Total Listings/Ab.Rate)Total # of Active Comparable Listings

Increasing Stable DecliningIncreasing Stable DecliningDeclining Stable IncreasingDeclining Stable Increasing

Are foreclosure sales (REO sales) a factor in the project? Yes No If yes, indicate the number of REO listings and explain the trends in listings and sales offoreclosed properties.

Summarize the above trends and address the impact on the subject unit and project.

SignatureAppraiser NameCompany NameCompany AddressState License/Certification # State

Email Address

SignatureSupervisory Appraiser NameCompany NameCompany AddressState License/Certification # State

Email Address

Freddie Mac Form 71 March 2009 Page 1 of 1 Fannie Mae Form 1004MC March 2009

Page #15Main File No. RT060317-02

Page 17: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Property AddressCity County State Zip Code

Form PIC4x6.SR — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Subject Photo PageSophie YanezMontana St Lot 15Alice Jim Wells TX 78332Nexbank, SSB-75201

Subject Front

Sales PriceGLATotal RoomsTotal BedrmsTotal BathrmsLocationViewSiteQualityAge

Montana St Lot 15196,8001,600532.0N;Res;N;Res;7000 sfQ40

Subject Rear

Subject Street

Borrower

Lender/Client

Form PIC4x6.SR — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Subject Photo PageSophie YanezMontana St Lot 15Alice Jim Wells TX 78332Nexbank, SSB-75201

Subject Front

Sales PriceGLATotal RoomsTotal BedrmsTotal BathrmsLocationViewSiteQualityAge

Montana St Lot 15196,8001,600532.0N;Res;N;Res;7000 sfQ40

Subject Rear

Subject Street

Borrower

Lender/Client

Property AddressCity County State Zip Code

Page #16Main File No. RT060317-02

Page 18: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Property AddressCity County State Zip Code

Form GPIC4X6 — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Photograph AddendumSophie YanezMontana St Lot 15Alice Jim Wells TX 78332Nexbank, SSB-75201

Street Scene

Borrower

Lender/Client

Form GPIC4X6 — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Photograph AddendumSophie YanezMontana St Lot 15Alice Jim Wells TX 78332Nexbank, SSB-75201

Street Scene

Borrower

Lender/Client

Property AddressCity County State Zip Code

Page #17Main File No. RT060317-02

Page 19: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Property AddressCity County State Zip Code

Form PIC4x6.CR — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Comparable Photo PageSophie YanezMontana St Lot 15Alice Jim Wells TX 78332Nexbank, SSB-75201

Comparable 1

ProximitySale PriceGLATotal RoomsTotal BedrmsTotal BathrmsLocationViewSiteQualityAge

1216 Montana St0.01 miles W160,0001,296632.0N;Res;N;Res;7000 sfQ41

Comparable 2

ProximitySale PriceGLATotal RoomsTotal BedrmsTotal BathrmsLocationViewSiteQualityAge

1315 Madison St2.08 miles NE205,0002,072632.1N;Res;N;Res;14000 sfQ432

Comparable 3

ProximitySale PriceGLATotal RoomsTotal BedrmsTotal BathrmsLocationViewSiteQualityAge

1424 Virginia Ave23.17 miles SE205,0001,600632.0N;Res;N;Res;8811 sfQ41

Borrower

Lender/Client

Form PIC4x6.CR — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Comparable Photo PageSophie YanezMontana St Lot 15Alice Jim Wells TX 78332Nexbank, SSB-75201

Comparable 1

ProximitySale PriceGLATotal RoomsTotal BedrmsTotal BathrmsLocationViewSiteQualityAge

1216 Montana St0.01 miles W160,0001,296632.0N;Res;N;Res;7000 sfQ41

Comparable 2

ProximitySale PriceGLATotal RoomsTotal BedrmsTotal BathrmsLocationViewSiteQualityAge

1315 Madison St2.08 miles NE205,0002,072632.1N;Res;N;Res;14000 sfQ432

Comparable 3

ProximitySale PriceGLATotal RoomsTotal BedrmsTotal BathrmsLocationViewSiteQualityAge

1424 Virginia Ave23.17 miles SE205,0001,600632.0N;Res;N;Res;8811 sfQ41

Borrower

Lender/Client

Property AddressCity County State Zip Code

Page #18Main File No. RT060317-02

Page 20: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Property AddressCity County State Zip Code

Form PIC4x6.CR — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Comparable Photo PageSophie YanezMontana St Lot 15Alice Jim Wells TX 78332Nexbank, SSB-75201

Comparable 4

Prox. to Subj.Sales PriceG.L.A.Tot. RoomsTot. Bedrms.Tot. Bathrms.LocationViewSiteQualityAge

1213 Montana St0.04 miles W160,0001,307632.0N;Res;N;Res;7000 sfQ41

Comparable 5

Prox. to Subj.Sales PriceG.L.A.Tot. RoomsTot. Bedrms.Tot. Bathrms.LocationViewSiteQualityAge

1222 Carlos Trl2.26 miles SE194,9992,081632.0N;Res;N;Res;10367 sfQ410

Comparable 6

Prox. to Subj.Sales PriceG.L.A.Tot. RoomsTot. Bedrms.Tot. Bathrms.LocationViewSiteQualityAge

Borrower

Lender/Client

Form PIC4x6.CR — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Comparable Photo PageSophie YanezMontana St Lot 15Alice Jim Wells TX 78332Nexbank, SSB-75201

Comparable 4

Prox. to Subj.Sales PriceG.L.A.Tot. RoomsTot. Bedrms.Tot. Bathrms.LocationViewSiteQualityAge

1213 Montana St0.04 miles W160,0001,307632.0N;Res;N;Res;7000 sfQ41

Comparable 5

Prox. to Subj.Sales PriceG.L.A.Tot. RoomsTot. Bedrms.Tot. Bathrms.LocationViewSiteQualityAge

1222 Carlos Trl2.26 miles SE194,9992,081632.0N;Res;N;Res;10367 sfQ410

Comparable 6

Prox. to Subj.Sales PriceG.L.A.Tot. RoomsTot. Bedrms.Tot. Bathrms.LocationViewSiteQualityAge

Borrower

Lender/Client

Property AddressCity County State Zip Code

Page #19Main File No. RT060317-02

Page 21: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Form SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODEForm SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Page #20Main File No. RT060317-02

Page 22: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Form SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODEForm SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Page #21Main File No. RT060317-02

Page 23: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Form SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODEForm SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Page #22Main File No. RT060317-02

Page 24: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Form SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODEForm SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Page #23Main File No. RT060317-02

Page 25: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Form SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODEForm SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Page #24Main File No. RT060317-02

Page 26: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Form SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODEForm SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Page #25Main File No. RT060317-02

Page 27: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Form SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODEForm SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Page #26Main File No. RT060317-02

Page 28: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Form SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODEForm SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Page #27Main File No. RT060317-02

Page 29: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Form SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODEForm SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Page #28Main File No. RT060317-02

Page 30: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Form SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODEForm SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Page #29Main File No. RT060317-02

Page 31: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Form SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODEForm SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Page #30Main File No. RT060317-02

Page 32: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Form SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODEForm SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Page #31Main File No. RT060317-02

Page 33: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Form SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODEForm SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Page #32Main File No. RT060317-02

Page 34: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Form SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODEForm SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Page #33Main File No. RT060317-02

Page 35: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Form SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODEForm SCA — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Page #34Main File No. RT060317-02

Page 36: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Property AddressCity County State Zip Code

Form MAP.LOC — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Location MapSophie YanezMontana St Lot 15Alice Jim Wells TX 78332Nexbank, SSB-75201

Borrower

Lender/Client

Form MAP.LOC — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Location MapSophie YanezMontana St Lot 15Alice Jim Wells TX 78332Nexbank, SSB-75201

Borrower

Lender/Client

Property AddressCity County State Zip Code

Page #35Main File No. RT060317-02

Page 37: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Property AddressCity County State Zip Code

Form MAP.LOC — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Location MapSophie YanezMontana St Lot 15Alice Jim Wells TX 78332Nexbank, SSB-75201

Borrower

Lender/Client

Form MAP.LOC — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Location MapSophie YanezMontana St Lot 15Alice Jim Wells TX 78332Nexbank, SSB-75201

Borrower

Lender/Client

Property AddressCity County State Zip Code

Page #36Main File No. RT060317-02

Page 38: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Property AddressCity County State Zip Code

Form MAP.FLOOD — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Flood MapSophie YanezMontana St Lot 15Alice Jim Wells TX 78332Nexbank, SSB-75201

Borrower

Lender/Client

Form MAP.FLOOD — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Flood MapSophie YanezMontana St Lot 15Alice Jim Wells TX 78332Nexbank, SSB-75201

Borrower

Lender/Client

Property AddressCity County State Zip Code

Page #37Main File No. RT060317-02

Page 39: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

File No.

UNIFORM APPRAISAL DATASET (UAD) DEFINITIONS ADDENDUM(Source: Fannie Mae UAD Appendix D: UAD Field-Specific Standardization Requirements)

Condition Ratings and Definitions

C1

The improvements have been recently constructed and have not been previously occupied. The entire structure and all components are newand the dwelling features no physical depreciation.

Note: Newly constructed improvements that feature recycled or previously used materials and/or components can be considered new dwellingsprovided that the dwelling is placed on a 100 percent new foundation and the recycled materials and the recycled components have beenrehabilitated/remanufactured into like-new condition. Improvements that have not been previously occupied are not considered “new” if theyhave any significant physical depreciation (that is, newly constructed dwellings that have been vacant for an extended period of time withoutadequate maintenance or upkeep).

C2

The improvements feature no deferred maintenance, little or no physical depreciation, and require no repairs. Virtually all building componentsare new or have been recently repaired, refinished, or rehabilitated. All outdated components and finishes have been updated and/or replacedwith components that meet current standards. Dwellings in this category are either almost new or have been recently completely renovated andare similar in condition to new construction.

Note: The improvements represent a relatively new property that is well maintained with no deferred maintenance and little or no physicaldepreciation, or an older property that has been recently completely renovated.

C3The improvements are well maintained and feature limited physical depreciation due to normal wear and tear. Some components, but not everymajor building component, may be updated or recently rehabilitated. The structure has been well maintained.

Note: The improvement is in its first-cycle of replacing short-lived building components (appliances, floor coverings, HVAC, etc.) and isbeing well maintained. Its estimated effective age is less than its actual age. It also may reflect a property in which the majority ofshort-lived building components have been replaced but not to the level of a complete renovation.

C4The improvements feature some minor deferred maintenance and physical deterioration due to normal wear and tear. The dwelling has beenadequately maintained and requires only minimal repairs to building components/mechanical systems and cosmetic repairs. All major buildingcomponents have been adequately maintained and are functionally adequate.

Note: The estimated effective age may be close to or equal to its actual age. It reflects a property in which some of the short-lived buildingcomponents have been replaced, and some short-lived building components are at or near the end of their physical life expectancy; however,they still function adequately. Most minor repairs have been addressed on an ongoing basis resulting in an adequately maintained property.

C5The improvements feature obvious deferred maintenance and are in need of some significant repairs. Some building components need repairs,rehabilitation, or updating. The functional utility and overall livability is somewhat diminished due to condition, but the dwelling remainsuseable and functional as a residence.

Note: Some significant repairs are needed to the improvements due to the lack of adequate maintenance. It reflects a property in which manyof its short-lived building components are at the end of or have exceeded their physical life expectancy but remain functional.

C6The improvements have substantial damage or deferred maintenance with deficiencies or defects that are severe enough to affect the safety,soundness, or structural integrity of the improvements. The improvements are in need of substantial repairs and rehabilitation, including manyor most major components.

Note: Substantial repairs are needed to the improvements due to the lack of adequate maintenance or property damage. It reflects a propertywith conditions severe enough to affect the safety, soundness, or structural integrity of the improvements.

Quality Ratings and Definitions

Q1

Dwellings with this quality rating are usually unique structures that are individually designed by an architect for a specified user. Suchresidences typically are constructed from detailed architectural plans and specifications and feature an exceptionally high level of workmanshipand exceptionally high-grade materials throughout the interior and exterior of the structure. The design features exceptionally high-qualityexterior refinements and ornamentation, and exceptionally high-quality interior refinements. The workmanship, materials, and finishesthroughout the dwelling are of exceptionally high quality.

Q2Dwellings with this quality rating are often custom designed for construction on an individual property owner’s site. However, dwellings inthis quality grade are also found in high-quality tract developments featuring residence constructed from individual plans or from highlymodified or upgraded plans. The design features detailed, high quality exterior ornamentation, high-quality interior refinements, and detail. Theworkmanship, materials, and finishes throughout the dwelling are generally of high or very high quality.

UAD Version 9/2011 (Updated 1/2014)

RT060317-02RT060317-02

Form UADDEFINE1A — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

RT060317-02RT060317-02

Form UADDEFINE1A — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

File No.

UNIFORM APPRAISAL DATASET (UAD) DEFINITIONS ADDENDUM(Source: Fannie Mae UAD Appendix D: UAD Field-Specific Standardization Requirements)

Condition Ratings and Definitions

C1

The improvements have been recently constructed and have not been previously occupied. The entire structure and all components are newand the dwelling features no physical depreciation.

Note: Newly constructed improvements that feature recycled or previously used materials and/or components can be considered new dwellingsprovided that the dwelling is placed on a 100 percent new foundation and the recycled materials and the recycled components have beenrehabilitated/remanufactured into like-new condition. Improvements that have not been previously occupied are not considered “new” if theyhave any significant physical depreciation (that is, newly constructed dwellings that have been vacant for an extended period of time withoutadequate maintenance or upkeep).

C2

The improvements feature no deferred maintenance, little or no physical depreciation, and require no repairs. Virtually all building componentsare new or have been recently repaired, refinished, or rehabilitated. All outdated components and finishes have been updated and/or replacedwith components that meet current standards. Dwellings in this category are either almost new or have been recently completely renovated andare similar in condition to new construction.

Note: The improvements represent a relatively new property that is well maintained with no deferred maintenance and little or no physicaldepreciation, or an older property that has been recently completely renovated.

C3The improvements are well maintained and feature limited physical depreciation due to normal wear and tear. Some components, but not everymajor building component, may be updated or recently rehabilitated. The structure has been well maintained.

Note: The improvement is in its first-cycle of replacing short-lived building components (appliances, floor coverings, HVAC, etc.) and isbeing well maintained. Its estimated effective age is less than its actual age. It also may reflect a property in which the majority ofshort-lived building components have been replaced but not to the level of a complete renovation.

C4The improvements feature some minor deferred maintenance and physical deterioration due to normal wear and tear. The dwelling has beenadequately maintained and requires only minimal repairs to building components/mechanical systems and cosmetic repairs. All major buildingcomponents have been adequately maintained and are functionally adequate.

Note: The estimated effective age may be close to or equal to its actual age. It reflects a property in which some of the short-lived buildingcomponents have been replaced, and some short-lived building components are at or near the end of their physical life expectancy; however,they still function adequately. Most minor repairs have been addressed on an ongoing basis resulting in an adequately maintained property.

C5The improvements feature obvious deferred maintenance and are in need of some significant repairs. Some building components need repairs,rehabilitation, or updating. The functional utility and overall livability is somewhat diminished due to condition, but the dwelling remainsuseable and functional as a residence.

Note: Some significant repairs are needed to the improvements due to the lack of adequate maintenance. It reflects a property in which manyof its short-lived building components are at the end of or have exceeded their physical life expectancy but remain functional.

C6The improvements have substantial damage or deferred maintenance with deficiencies or defects that are severe enough to affect the safety,soundness, or structural integrity of the improvements. The improvements are in need of substantial repairs and rehabilitation, including manyor most major components.

Note: Substantial repairs are needed to the improvements due to the lack of adequate maintenance or property damage. It reflects a propertywith conditions severe enough to affect the safety, soundness, or structural integrity of the improvements.

Quality Ratings and Definitions

Q1

Dwellings with this quality rating are usually unique structures that are individually designed by an architect for a specified user. Suchresidences typically are constructed from detailed architectural plans and specifications and feature an exceptionally high level of workmanshipand exceptionally high-grade materials throughout the interior and exterior of the structure. The design features exceptionally high-qualityexterior refinements and ornamentation, and exceptionally high-quality interior refinements. The workmanship, materials, and finishesthroughout the dwelling are of exceptionally high quality.

Q2Dwellings with this quality rating are often custom designed for construction on an individual property owner’s site. However, dwellings inthis quality grade are also found in high-quality tract developments featuring residence constructed from individual plans or from highlymodified or upgraded plans. The design features detailed, high quality exterior ornamentation, high-quality interior refinements, and detail. Theworkmanship, materials, and finishes throughout the dwelling are generally of high or very high quality.

UAD Version 9/2011 (Updated 1/2014)

Page #38Main File No. RT060317-02

Page 40: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

UNIFORM APPRAISAL DATASET (UAD) DEFINITIONS ADDENDUM(Source: Fannie Mae UAD Appendix D: UAD Field-Specific Standardization Requirements)

Quality Ratings and Definitions (continued)

Q3Dwellings with this quality rating are residences of higher quality built from individual or readily available designer plans in above-standardresidential tract developments or on an individual property owner’s site. The design includes significant exterior ornamentation and interiorsthat are well finished. The workmanship exceeds acceptable standards and many materials and finishes throughout the dwelling have beenupgraded from “stock” standards.

Q4Dwellings with this quality rating meet or exceed the requirements of applicable building codes. Standard or modified standard building plansare utilized and the design includes adequate fenestration and some exterior ornamentation and interior refinements. Materials, workmanship,finish, and equipment are of stock or builder grade and may feature some upgrades.

Q5Dwellings with this quality rating feature economy of construction and basic functionality as main considerations. Such dwellings feature aplain design using readily available or basic floor plans featuring minimal fenestration and basic finishes with minimal exterior ornamentationand limited interior detail. These dwellings meet minimum building codes and are constructed with inexpensive, stock materialswith limited refinements and upgrades.

Q6Dwellings with this quality rating are of basic quality and lower cost; some may not be suitable for year-round occupancy. Such dwellingsare often built with simple plans or without plans, often utilizing the lowest quality building materials. Such dwellings are often built orexpanded by persons who are professionally unskilled or possess only minimal construction skills. Electrical, plumbing, and other mechanicalsystems and equipment may be minimal or non-existent. Older dwellings may feature one or more substandard or non-conforming additionsto the original structure

Definitions of Not Updated, Updated, and Remodeled

Not Updated

Little or no updating or modernization. This description includes, but is not limited to, new homes.Residential properties of fifteen years of age or less often reflect an original condition with no updating, if no majorcomponents have been replaced or updated. Those over fifteen years of age are also considered not updated if theappliances, fixtures, and finishes are predominantly dated. An area that is ‘Not Updated’ may still be well maintainedand fully functional, and this rating does not necessarily imply deferred maintenance or physical/functional deterioration.

UpdatedThe area of the home has been modified to meet current market expectations. These modificationsare limited in terms of both scope and cost.

An updated area of the home should have an improved look and feel, or functional utility. Changes that constituteupdates include refurbishment and/or replacing components to meet existing market expectations. Updates do notinclude significant alterations to the existing structure.

RemodeledSignificant finish and/or structural changes have been made that increase utility and appeal throughcomplete replacement and/or expansion.A remodeled area reflects fundamental changes that include multiple alterations. These alterations may includesome or all of the following: replacement of a major component (cabinet(s), bathtub, or bathroom tile), relocationof plumbing/gas fixtures/appliances, significant structural alterations (relocating walls, and/or the addition of)square footage). This would include a complete gutting and rebuild.

Explanation of Bathroom Count

Three-quarter baths are counted as a full bath in all cases. Quarter baths (baths that feature only a toilet) are notincluded in the bathroom count. The number of full and half baths is reported by separating the two values using aperiod, where the full bath count is represented to the left of the period and the half bath count is represented to theright of the period.

Example:3.2 indicates three full baths and two half baths.

UAD Version 9/2011 (Updated 1/2014)

Form UADDEFINE1A — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODEForm UADDEFINE1A — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

UNIFORM APPRAISAL DATASET (UAD) DEFINITIONS ADDENDUM(Source: Fannie Mae UAD Appendix D: UAD Field-Specific Standardization Requirements)

Quality Ratings and Definitions (continued)

Q3Dwellings with this quality rating are residences of higher quality built from individual or readily available designer plans in above-standardresidential tract developments or on an individual property owner’s site. The design includes significant exterior ornamentation and interiorsthat are well finished. The workmanship exceeds acceptable standards and many materials and finishes throughout the dwelling have beenupgraded from “stock” standards.

Q4Dwellings with this quality rating meet or exceed the requirements of applicable building codes. Standard or modified standard building plansare utilized and the design includes adequate fenestration and some exterior ornamentation and interior refinements. Materials, workmanship,finish, and equipment are of stock or builder grade and may feature some upgrades.

Q5Dwellings with this quality rating feature economy of construction and basic functionality as main considerations. Such dwellings feature aplain design using readily available or basic floor plans featuring minimal fenestration and basic finishes with minimal exterior ornamentationand limited interior detail. These dwellings meet minimum building codes and are constructed with inexpensive, stock materialswith limited refinements and upgrades.

Q6Dwellings with this quality rating are of basic quality and lower cost; some may not be suitable for year-round occupancy. Such dwellingsare often built with simple plans or without plans, often utilizing the lowest quality building materials. Such dwellings are often built orexpanded by persons who are professionally unskilled or possess only minimal construction skills. Electrical, plumbing, and other mechanicalsystems and equipment may be minimal or non-existent. Older dwellings may feature one or more substandard or non-conforming additionsto the original structure

Definitions of Not Updated, Updated, and Remodeled

Not Updated

Little or no updating or modernization. This description includes, but is not limited to, new homes.Residential properties of fifteen years of age or less often reflect an original condition with no updating, if no majorcomponents have been replaced or updated. Those over fifteen years of age are also considered not updated if theappliances, fixtures, and finishes are predominantly dated. An area that is ‘Not Updated’ may still be well maintainedand fully functional, and this rating does not necessarily imply deferred maintenance or physical/functional deterioration.

UpdatedThe area of the home has been modified to meet current market expectations. These modificationsare limited in terms of both scope and cost.

An updated area of the home should have an improved look and feel, or functional utility. Changes that constituteupdates include refurbishment and/or replacing components to meet existing market expectations. Updates do notinclude significant alterations to the existing structure.

RemodeledSignificant finish and/or structural changes have been made that increase utility and appeal throughcomplete replacement and/or expansion.A remodeled area reflects fundamental changes that include multiple alterations. These alterations may includesome or all of the following: replacement of a major component (cabinet(s), bathtub, or bathroom tile), relocationof plumbing/gas fixtures/appliances, significant structural alterations (relocating walls, and/or the addition of)square footage). This would include a complete gutting and rebuild.

Explanation of Bathroom Count

Three-quarter baths are counted as a full bath in all cases. Quarter baths (baths that feature only a toilet) are notincluded in the bathroom count. The number of full and half baths is reported by separating the two values using aperiod, where the full bath count is represented to the left of the period and the half bath count is represented to theright of the period.

Example:3.2 indicates three full baths and two half baths.

UAD Version 9/2011 (Updated 1/2014)

Page #39Main File No. RT060317-02

Page 41: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

UNIFORM APPRAISAL DATASET (UAD) DEFINITIONS ADDENDUM(Source: Fannie Mae UAD Appendix D: UAD Field-Specific Standardization Requirements)

Abbreviations Used in Data Standardization Text

Abbreviation Full Name Fields Where This Abbreviation May AppearA Adverse Location & Viewac Acres Area, SiteAdjPrk Adjacent to Park LocationAdjPwr Adjacent to Power Lines LocationArmLth Arms Length Sale Sale or Financing ConcessionsAT Attached Structure Design (Style)B Beneficial Location & Viewba Bathroom(s) Basement & Finished Rooms Below Gradebr Bedroom Basement & Finished Rooms Below GradeBsyRd Busy Road Locationc Contracted Date Date of Sale/TimeCash Cash Sale or Financing ConcessionsComm Commercial Influence LocationConv Conventional Sale or Financing Concessionscp Carport Garage/CarportCrtOrd Court Ordered Sale Sale or Financing ConcessionsCtySky City View Skyline View ViewCtyStr City Street View Viewcv Covered Garage/CarportDOM Days On Market Data SourcesDT Detached Structure Design (Style)dw Driveway Garage/Carporte Expiration Date Date of Sale/TimeEstate Estate Sale Sale or Financing ConcessionsFHA Federal Housing Authority Sale or Financing Concessionsg Garage Garage/Carportga Attached Garage Garage/Carportgbi Built-in Garage Garage/Carportgd Detached Garage Garage/CarportGlfCse Golf Course LocationGlfvw Golf Course View ViewGR Garden Design (Style)HR High Rise Design (Style)in Interior Only Stairs Basement & Finished Rooms Below GradeInd Industrial Location & ViewListing Listing Sale or Financing ConcessionsLndfl Landfill LocationLtdSght Limited Sight ViewMR Mid-rise Design (Style)Mtn Mountain View ViewN Neutral Location & ViewNonArm Non-Arms Length Sale Sale or Financing Concessionso Other Basement & Finished Rooms Below GradeO Other Design (Style)op Open Garage/CarportPrk Park View ViewPstrl Pastoral View ViewPwrLn Power Lines ViewPubTrn Public Transportation LocationRelo Relocation Sale Sale or Financing ConcessionsREO REO Sale Sale or Financing ConcessionsRes Residential Location & ViewRH USDA - Rural Housing Sale or Financing Concessionsrr Recreational (Rec) Room Basement & Finished Rooms Below GradeRT Row or Townhouse Design (Style)s Settlement Date Date of Sale/TimeSD Semi-detached Structure Design (Style)Short Short Sale Sale or Financing Concessionssf Square Feet Area, Site, Basementsqm Square Meters Area, SiteUnk Unknown Date of Sale/TimeVA Veterans Administration Sale or Financing Concessionsw Withdrawn Date Date of Sale/Timewo Walk Out Basement Basement & Finished Rooms Below GradeWoods Woods View ViewWtr Water View ViewWtrFr Water Frontage Locationwu Walk Up Basement Basement & Finished Rooms Below Grade

UAD Version 9/2011 (Updated 1/2014)

Form UADDEFINE1A — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODEForm UADDEFINE1A — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

UNIFORM APPRAISAL DATASET (UAD) DEFINITIONS ADDENDUM(Source: Fannie Mae UAD Appendix D: UAD Field-Specific Standardization Requirements)

Abbreviations Used in Data Standardization Text

Abbreviation Full Name Fields Where This Abbreviation May AppearA Adverse Location & Viewac Acres Area, SiteAdjPrk Adjacent to Park LocationAdjPwr Adjacent to Power Lines LocationArmLth Arms Length Sale Sale or Financing ConcessionsAT Attached Structure Design (Style)B Beneficial Location & Viewba Bathroom(s) Basement & Finished Rooms Below Gradebr Bedroom Basement & Finished Rooms Below GradeBsyRd Busy Road Locationc Contracted Date Date of Sale/TimeCash Cash Sale or Financing ConcessionsComm Commercial Influence LocationConv Conventional Sale or Financing Concessionscp Carport Garage/CarportCrtOrd Court Ordered Sale Sale or Financing ConcessionsCtySky City View Skyline View ViewCtyStr City Street View Viewcv Covered Garage/CarportDOM Days On Market Data SourcesDT Detached Structure Design (Style)dw Driveway Garage/Carporte Expiration Date Date of Sale/TimeEstate Estate Sale Sale or Financing ConcessionsFHA Federal Housing Authority Sale or Financing Concessionsg Garage Garage/Carportga Attached Garage Garage/Carportgbi Built-in Garage Garage/Carportgd Detached Garage Garage/CarportGlfCse Golf Course LocationGlfvw Golf Course View ViewGR Garden Design (Style)HR High Rise Design (Style)in Interior Only Stairs Basement & Finished Rooms Below GradeInd Industrial Location & ViewListing Listing Sale or Financing ConcessionsLndfl Landfill LocationLtdSght Limited Sight ViewMR Mid-rise Design (Style)Mtn Mountain View ViewN Neutral Location & ViewNonArm Non-Arms Length Sale Sale or Financing Concessionso Other Basement & Finished Rooms Below GradeO Other Design (Style)op Open Garage/CarportPrk Park View ViewPstrl Pastoral View ViewPwrLn Power Lines ViewPubTrn Public Transportation LocationRelo Relocation Sale Sale or Financing ConcessionsREO REO Sale Sale or Financing ConcessionsRes Residential Location & ViewRH USDA - Rural Housing Sale or Financing Concessionsrr Recreational (Rec) Room Basement & Finished Rooms Below GradeRT Row or Townhouse Design (Style)s Settlement Date Date of Sale/TimeSD Semi-detached Structure Design (Style)Short Short Sale Sale or Financing Concessionssf Square Feet Area, Site, Basementsqm Square Meters Area, SiteUnk Unknown Date of Sale/TimeVA Veterans Administration Sale or Financing Concessionsw Withdrawn Date Date of Sale/Timewo Walk Out Basement Basement & Finished Rooms Below GradeWoods Woods View ViewWtr Water View ViewWtrFr Water Frontage Locationwu Walk Up Basement Basement & Finished Rooms Below Grade

UAD Version 9/2011 (Updated 1/2014)

Page #40Main File No. RT060317-02

Page 42: APPRAISAL OF REAL PROPERTY LOCATED AT: FOR: AS OF: BY · 2019. 10. 10. · 06/30/2017 Guadalupe Carlos Rodriguez PO Box 1635 Alice, TX 78333 Ph: 361-668-9332 Fax: 361-668-8088 aliceappraisal@yahoo.com

Form SCNLGL — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODEForm SCNLGL — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Page #41Main File No. RT060317-02