Trust Examiner School - September 2023

July 20, 2021

Page 5 of 12

Is the market value of the property included in the calculation of the account's fees? No Is a flat fee charged for the property? Yes Is there a farm management company involved? No Is the farm acreage cash rented? Yes Are the rental receipts current? Yes

Are there any concerns about the condition of the property? No Are there environmental concerns? No

is the appraised value reflected on the trust accounting system? Yes

Real Estate - Ag/Farm Rental (continued) Review Questions: Is the Trust's ownership of the property under review less than 100%? No

Have the terms of the rental agreement been reviewed in the last twelve months? Yes Is the rental amount adequate compared to the market for similar properties? Yes Is the farm acreage share-cropped? No Is there a residence on the farm that is leased? No Is the return on investment adequate? Yes

Has the property been inspected in the last twelve months? Yes

Has the property been appraised in the last three years? Yes

Alerts (continued)

Account xxxxx