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C <br />ppRPOSE OR IM APPRAISAL <br />The purpose of this nrirxisal is to estimate the fair market <br />value of the fee simple interest of the subject property ar <br />of June 7, 1988. <br />�KyAUL VALUE rice estimated in <br />Market Value is defined as: `The highest p <br />terms of money which a property <br />Will <br />bring if e.cposed for sale in <br />the open market ak+ing a reasonable time to`ind a purchaser <br />uses to which <br />who buys with knowledge of all the it is adapted <br />llo <br />< being used.- (Fifth Editionr <br />and for which it in capable o.. prai- <br />0 <br />APPRAISAL TERMINOLOGY, American Institute of Real Estate Ap,. <br />Ears). <br />?.P?? mp VALQB <br />the market value of this property. all three ap- <br />In estimating e the Market Data <br />proaches to value have been considered. They ar <br />Approach, the Cost Approach, and the Income Approach. <br />1 <br />i <br />