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15 <br />SALES COMPARISON ADDENDUM <br />concerning the comparables sales used in this report: <br />PROXIMITY OF COMPARABLES TO SUB7ECT: A very thorough search for <br />closed, similaz comparable sales in the subject's market azea was conducted. Sales <br />selected that were more than one mile from the subject were deemed applicable <br />and were considered better indicators of value than those located more closely to <br />the subject which differed significantly in terms of size, condition, utility, site <br />value, etc. <br />SALES CLOSED OVER SIX MONTHS: Comparable sales selected which were <br />over six months old were, in my opinion, a better indicator of value than more <br />recent closed sales which differed significantly from the subject iri terms of size, <br />age, location, site value, utility, etc. Time adjustments were considered <br />unnecessary, as the subject market has changed very little over the past 6-12 <br />months. If an adjustment for closed sales older than one year was made, mazket <br />data clearly indicated that appreciation or depreciation had occured to warrant the <br />time adjustment. <br />CONCERNING SALES COMPARISON ADNSTMENTS: The net, gross, and <br />individual adjustments were amved at from cost data, which I used to deduct <br />appropriate estimated depreciation, estimates based on my txaining, experience, <br />and knowledge of the mazket, and by periodic market studies performed by me, or <br />made available to me. <br />