Page 12 - Appraisal 2018

energy production anticipated to occur during the warranty lifetime. This method accounts for the system capacity,

Supplemental Comments File No. 180529004
Borrower Matthew Power
Property Address 22 Dow St
City Portland County Cumberland State ME Zip Code 04102
Lender/Client TruChoice Federal Credit Union
tilt and orientation/azimuth, current local utility rate and its escalation, discount/risk rate (for residential property
the current Fannie Mae or Freddie Mac 30 year fixed rate with a basis point spread), operation/maintenance costs,
etc.

The system data provided by the subject owner from the installer, Maine Solar Solutions, was used in the
accompanying PV Value tool analysis (Energy Sense Finance, LLC, ). The PV Value tool resulted in a range of
value from $6289.97 to $7,478.93 with a mid point of $6,873.47. The mid-point was chosen and rounded to an
adjustment applied to the comparables of $7,000.

Kitchen(s) and Bathroom(s) - Level of Work Completed and Time Frames: The lower fields of the sales
comparison grid note the level of work completed, if any, and timeframe (if known) for the subject and comparable
properties. Adjustments for any differences in the remodeling and/or updating to the kitchens and/or bathrooms has
been applied in the quality and condition fields as appropriate.

Location/site adjustments recognize the difference in the underlying site value of the comparable as compared to
the subject property. This accounts for the location (neighborhood setting, access, property compatibility) and site
features (size, view, frontage amount and type etc.). Derivation of site values is based on vacant land sales,
pendings and/or listings when available, or use of the extraction method. The approximate difference in the subject
and comparable location/site value is applied in the analysis. Those comparables not adjusted, while appearing
different in location and/or site, have similar underlying values therefore no adjustment is warranted.

Sales over one mile

Research was conducted for sales similar to the subject which were located in close proximity. In some markets,
comparable sales within one mile may be limited requiring the use of comparable sales over the one mile guideline.
These sales are chosen from similar and competing neighborhoods as recognized by market participants.
Occasionally comparable sales from dissimilar neighborhoods are used with the appropriate location/site
adjustments applied as warranted. These dwellings are otherwise considered more similar than those sold in the
subject's neighborhood.

Sales over six months old: Research was conducted for comparable sales which occurred in the preferred six
month guideline with a preference to have two sales within the past 3 months to reflect more current market
conditions. However, in some markets the recent sales are not considered comparable to the subject being appraised
and therefore the appraiser will choose comparable sales which will exceed the preferred six months guideline.
Adjustments for change in market conditions have been made as warranted after market analysis of the subject's
market segment.

Opinion of Market Value vs. Predominant Neighborhood Value: The market value varies from the
predominant neighborhood value as derived from sales in this general area over the past year, by more than 5%
which should not be considered adverse. The immediate neighborhood has dwellings compatible with the subject
while the defined neighborhood has a mix of properties, some of which are not comparable to the subject. The
subject is not an over-improvement.

GBA variance: The GBA of C2 varies with that of the subject by more than 25% . Limited sales of closer
comparability on this factor necessitated the use of these sales as they best represent the subject in this market area.
The most appropriate sales were chosen for analysis.

Market Research: Research was conducted in the subject's competitive market for sales comparable to the
subject. This research revealed no sales more similar to the subject other than those utilized with appropriate
adjustments, if necessary, applied to reflect apparent market differences.

Relevant competitive listings/contract offerings were considered in performing this appraisal, and any trend
indicated by the data is supported by the listing/offering information included in this report.

Comp. Photos.

Whenever possible, comparable photos are taken for every comparable. However, in some instances due to weather
conditions, private drives, activity on site, no trespassing signs and equipment malfunctions, it is not always
possible to obtain a clear, unobstructed photo of the comparable sales from the public way. In such cases,
appraiser's file photos, ME listings photos or town photos are utilized in the report. Additionally, the appraiser has
viewed each comparable sale from the public way, however the viewing might have occurred during different
months or at the time of sale and not on the effective date of the contained report, therefore the photos may appear
out of season.

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