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Mr. Heisinger 3 May 6, 2025 <br />2025CNA112 <br />prospective interest in the property that is the subject of this report, and I have no personal <br />interest with respect to the parties involved; I have no bias with respect to the property that is the <br />subject of this report or to the parties involved with this assignment; I previously provided <br />appraisal services regarding the subject of this report for the same client in an Appraisal Report <br />identified as 2023CNA158, dated February 2, 2024, and having a date of value of January 26, <br />2024; my engagement in this assignment was not contingent upon developing or reporting <br />predetermined results; my compensation for completing this assignment is not contingent upon <br />the development or reporting of a predetermined value or direction in value that favors the cause <br />of the client, the amount of the value opinion, the attainment of a stipulated result, or the <br />occurrence of a subsequent event directly related to the intended use of this appraisal; my <br />analyses, opinions and conclusions were developed, and this report has been prepared in <br />conformity with the Uniform Standards of Professional Appraisal Practice; I have made a <br />personal inspection of the property that is the subject of this report; no one provided significant <br />real property appraisal assistance to the person signing this certification; the reported analyses, <br />opinions, and conclusions were developed, and this report has been prepared, in conformity with <br />the Code of Professional Ethics and Standards of Professional Practice of the Appraisal Institute; <br />and the use of this report is subject to the requirements of the Appraisal Institute relating to <br />review by its duly authorized representatives. As of the date of this report, Matthew Watson, <br />MAI has completed the continuing education program for Designated Members of the Appraisal <br />Institute. In accordance with the Competency Provision in the USPAP, I certify that my <br />education, experience, and knowledge are sufficient to appraise the type of property being valued <br />in this report. <br />We are pleased to have had this opportunity to be of service. Please contact us if there are any <br />questions regarding this appraisal. <br />Sincerely, <br />Carneghi-Nakasako & Associates <br />Matthew Watson, MAI <br />Certified General Real Estate Appraiser <br />State of California No. AG040050 <br />8.K. - Page 43 of 105 <br />293