Credit Evaluation School - June 2022

DESCRIPTION OF COLLATERAL EXAMPLE – APPRAISAL VIOLATION NOTED WITHIN WRITEUP The appraisal does not meet the requirements for a Certified Appraisal. Refer to Schedule of Violations of Laws and Regulations elsewhere in this report of examination.

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DESCRIPTION OF COLLATERAL EXAMPLE – COLLATERAL DESCRIPTION Collateral consists of 2 AL valued at $100M (internal evaluation). The property is unimproved and zoned commercial.

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Pge 7