STATE OF FLORIDA DEPARTMENT OF BUSINESS & PROFESSIONAL REGULAT#OBER i] AM @:34 FLORIDA REAL ESTATE APPRAISAL BOARD FLORIDA DEPARTMENT OF BUSINESS & PROFESSIONAL REGULATION, DIVISION OF REAL ESTATE, 10- Ovo! Petitioner, v. CASE NO. 2008049960 DEBORAH HALL, Respondent. / ADMINISTRATIVE COMPLAINT The Florida Department of Business & Professional Regulation, Division of Real Estate ("Petitioner") files this Administrative Complaint against Deborah Hall(“Respondent"), and alleges: ESSENTIAL ALLEGATIONS OF MATERIAL FACT 1. Petitioner is a state government licensing and regulatory agency charged with the responsibility and duty to prosecute Administrative Complaints pursuant to the laws of the State of Florida, including Section 20.165 and Chapters 120, 455 and 475 of the Florida Statutes, and the rules promulgated thereunder. 2. Respondent is currently a Florida state certified residential real estate appraiser having been issued license 4615 in accordance with Chapter 475 Part II of the Florida Statutes. 3. The last license the State issued to Respondent was as a state certified residential real estate appraiser at 9140 Oceola HAFREAB\hall960.doc | FDBPR v. Deborah Hall Case No. 2008049960 Administrative Complaint Drive, New Port Richey, Florida 34654. 4. On or about May 8, 2006, Deborah Hall (Respondent) developed and communicated an appraisal report (Report 1) for property commonly known as 3220 10th Avenue North, St. Petersburg, Florida 33704(Subject Property), and estimated its value as $332,000.00 A copy of Report 1 is attached hereto and incorporated herein as Administrative Complaint Exhibit 1. 5. At the time Report 1 was developed and communicated, Respondent was a State Certified Residential real estate appraiser. 6. Respondent made the following errors and omissions on Report 1: A) Failure to make an adjustment or provide an explanation for no adjustment in the Sales Comparison Approach section of the Report for comparable sale 1 for its Date of Sale/Time; B) Failure to make an adjustment or provide an explanation for no adjustment in the Sales Comparison Approach section of the Report for comparable sale 1 for its Bathroom Count difference; C) Failure to make an adjustment or provide an explanation for no adjustment in the Sales Comparison Approach section of the Report for comparable sale 2 for its Site difference; D) Incorrect age for comparable sale 3 in the Sales Comparison Approach section of the Report; H:\FREAB\hall960.doc 2 FDBPR v. Deborah Hall Case No. 2008049960 Administrative Complaint E) Incorrect Gross Living Area for comparable sale 3, based on workfile documentation; F) Failure to make an adjustment or provide an explanation for no adjustment in the Sales Comparison Approach section of the Report for comparable sale 3 for its Date of Sale/Time; G) Inconsistent price ranges of comparable sales in the Report (Respondent, on page 1 lists a range of $330,000-$420,000, while on the top of page 2 of the Report, Respondents lists a range from $147,400-$380,000); H) Failure to explain or reconcile the $18 per square foot adjustment for comparable sales in the Sales Comparison Approach section of the Report and the $109.21 per square foot data in the Cost Approach section; T) Use of comparable sales outside the Neighborhood boundaries listed in the Neighborhood section of the Report, without discussion or explanation; and Jd) Failure to analyze or discuss why similar, closer _ comparable sales were not utilized in the Sales Comparison Approach section of the Report. 7. During the investigation, Respondent provided her complete workfile for the appraisal report. The workfile contained a report (Report 2) that differs from Report 1, communicated to the client. H:\FREAB\hall960,doc 3 FDBPR v. Deborah Hall Case No. 2008049960 Administrative Complaint A copy of Report 2 is attached hereto and incorporated herein as Administrative Complaint Exhibit 2. 8. Report 2 added two additional comparable sales and added a rebuttal to the review appraisal completed on Respondent’s report (Report 1). 9. Report 2, found in the Respondent’s workfile, had the same signature date as Report 1. 10. The workfile lacks a complete and executed sales contract for the Subject Property. 11. There is no documentation in the workfile to support the One-Unit Housing data in the Neighborhood section of the Reports. 12. There is no documentation in the workfile to support the One-Unit Housing Trends data in the Neighborhood section of the Reports. 13. There is no documentation in the workfile to support the Land Use % (Percentages) in the neighborhood section of the Reports. 14. There is no documentation in the workfile to support the 5 comparable properties currently offered for sale in the subject neighborhood as listed in the Sales Comparison Approach section of the Reports. 15. There is no documentation in the workfile to support the H:\FREAB\hall960.doc 4 FDBPR v. Deborah Hall Case No. 2008049960 Administrative Complaint . 4 comparable sales in the subject neighborhood for the past twelve months as listed in the Sales Comparison Approach section of the Reports. 16. There is no documentation in the workfile to support the zoning classification of the Subject Property in the Site section of the Reports. 17. There is no documentation in the workfile to support the zoning description of the Subject Property in the Site section of the Reports. 18. There is no documentation in the workfile to support the contract date for the contract for the Subject Property in the Contract section of the Reports. 19. There is no documentation in the workfile to support the actual age of the Subject Property in the Improvements section of the Reports. 20. There is no documentation in the workfile to support the effective age of the Subject Property in the Improvements section of the Reports. 21. There is no documentation in the workfile to support the Bedroom Count for comparable sale 1 in the Sales Comparison Approach section of the Reports. 22. There is no documentation in the workfile to support the HAFREAB \hall960.doc 5 FDBPR v. Deborah Hall Case No. 2008049960 Administrative Complaint Garage data for comparable sale 1 in the Sales Comparison Approach section of the Reports. 23. There is no documentation in the workfile to support the effective Age data for comparable sale 1 in the Sales Comparison Approach section of the Reports. 24. There is no documentation in the workfile to support the Bedroom Count for comparable sale 2 in the Sales Comparison Approach section of the Reports. 25. There is no documentation in the workfile to support the Gross Living Area for comparable sale 2 in the Sales Comparison Approach section of the Reports. 26. There is no documentation in the workfile to support the Age for comparable sale 2 in the Sales Comparison Approach section of the Reports. 27. There is no documentation in the workfile to support the effective Age data for comparable sale 2 in the Sales Comparison Approach section of the Reports. 28. There is no documentation in the workfile to support the Fireplace data for comparable sale 3 in the Sales Comparison Approach section of the Reports. 29. There is no documentation in the workfile to support the Bedroom Count for comparable sale 3 in the Sales Comparison H:\FREAB\hall960.doc 6 FDBPR v. Deborah Hall Case No. 2008049960 Administrative Complaint Approach section of the Reports. 30. There is no documentation in the workfile to support the effective Age data for comparable sale 3 in the Sales Comparison Approach section of the Reports. 31. There is no documentation in the workfile to support the $2,000 Garage adjustment to comparable sale 1 in the Sales Comparison Approach section of the Reports. 32. There is no documentation in the workfile to support the $1,000 Fireplace adjustment to comparable sale 1 in the Sales Comparison Approach section of the Reports. 33. There is no documentation in the workfile to support the $1,500 Room Count adjustment to comparable sale 2 in the Sales Comparison Approach section of the Reports. 34. There is no documentation in the workfile to support the $6,480 Gross Living Area adjustment to comparable sale 2 in the Sales Comparison Approach section of the Reports. 35. There is no documentation in the workfile to support the $5,000 Age adjustment to comparable sale 3 in the Sales Comparison Approach section of the Reports. 36. There is no documentation in the workfile to support the $1,000 Porch/Patio/Deck adjustment to comparable sale 3 in the Sales Comparison Approach section of the Reports. HAFREAB\hall960.doc ; 7 FDBPR v. Deborah Hall Case No. 2008049960 Administrative Complaint 37. There is no documentation in the workfile to support the $1,000 Fireplace adjustment to comparable sale 3 in the Sales Comparison Approach section of the Reports. 38. There is no documentation in the work file to support the $200,000 Opinion of Site Value in the Cost Approach section of the Reports. 39. There is no documentation in the work file to support the $7,800 As-Is Value of Site Improvements adjustment in the Cost Approach section of the Reports. 40. The work file lacks local builder's data for the time frame that the Report was completed to justify the dwelling square footage price in the Cost Approach section of the Report. 41. The work file lacks dated Marshall and Swift pages for the time frame that the Report was completed to justify the dwelling square footage price in the Cost Approach section of the Report. A copy of the Workfile is attached hereto and incorporated herein as Administrative Complaint Exhibit 3. 42. At the time Respondent developed and communicated the appraisal report for the Subject Property in or about May 8, 2006, Respondent had not registered her business firm/name, “Appraise It All.” 43. Respondent has been disciplined on two prior occasions by H.\FREAB \hall960.doc 8 FDBPR v. Deborah Hall Case No. 2008049960 Administrative Complaint the Florida Real Estate Appraisal Board. A copy of the two prior Final Orders are attached hereto and incorporated herein as Administrative Complaint Exhibit 4. COUNT ONE Based upon the foregoing, Respondent is guilty of having failed to exercise reasonable diligence in developing an appraisal report in violation of Section 475.624(15), Florida Statutes. COUNT TWO Based upon the foregoing, Respondent has violated Section 475.623, Florida Statutes, by failing to furnish, in writing, the department each business address from which she operates in the performance of appraisal services and, therefore, is in violation of Section 475.624(1), Florida Statutes. COUNT THREE Based upon the foregoing, Respondent has violated a standard for the development or communication of a real estate appraisal, specifically the Recordkeeping Section of the Ethics Rule, or other provision of the Uniform Standards of Professional Appraisal Practice (2005) in violation of Section 475.624(14), Florida Statutes. COUNT FOUR Based upon the foregoing, Respondent has violated a standard H:\FREAB\hall960.doc 9 FDBPR v. Deborah Hall Case No. 2008049960 Administrative Complaint for the development or communication of a real estate appraisal, specifically Standards Rule i-1(a) and (c), or other provision of the Uniform Standards of Professional Appraisal Practice (2005) in violation of Section 475.624(14), Florida Statutes. COUNT FIVE Based upon the foregoing, Respondent has violated a standard for the development or communication of a real estate appraisal, specifically Standards Rule 1-4(a) and (b), or other provision of the Uniform Standards of Professional Appraisal Practice (2005) in violation of Section 475.624(14), Florida Statutes. COUNT SIX Based upon the foregoing, Respondent has violated a standard for the development or communication of a real estate appraisal, specifically Standards Rule 1-5(a), or other provision of the Uniform Standards of Professional Appraisal Practice (2005) in violation of Section 475.624(14), Florida Statutes. COUNT SEVEN Based upon the foregoing, Respondent has violated a standard for the development or communication of a real estate appraisal, specifically Standards Rule 2-1(a) and (b), or other provision of the Uniform Standards of Professional Appraisal Practice (2005) in violation of Section 475.624(14), Florida Statutes. H:FREABhall960.doc 10 FDBPR v. Deborah Hall Case No. 2008049960 Administrative Complaint COUNT EIGHT Based upon the foregoing, Respondent has violated a standard for the development or communication of a real estate appraisal, specifically Standards Rule 2-2(b) (ix), or other provision of the Uniform Standards of Professional Appraisal Practice (2005) in violation of Section 475.624(14), Florida Statutes. COUNT NINE Based upon the foregoing, Respondent is guilty of having been found guilty, for a second time, of any misconduct that warrants disciplinary action, or has been found guilty of a course of conduct or practice which shows that she is incompetent, negligent, dishonest, or untruthful to an extent that those with whom she may sustain a confidential relationship may “not safety do so in violation of Section 475.624(10), Florida Statutes. WHEREFORE, Petitioner respectfully requests the Florida Real Estate Appraisal Board, or the Department of Business and Professional Regulation, as may be appropriate, to issue a Final Order as final agency action finding the Respondent(s) guilty as charged. The penalties which may be imposed for violation(s) of Chapter 475 of the Florida Statutes, depending upon the severity of the offense(s), include: revocation of the license, registration, or certificate; suspension of the license, registration or H:\FREAB\hall960.doc I FDBPR v. Deborah Hall Case No. 2008049960 Administrative Complaint certificate for a period not to exceed ten (10) years; imposition of an administrative fine of up to $5,000 for each count or offense; imposition of investigative costs; issuance of a reprimand; imposition of probation subject to terms including, but not limited to, requiring the licensee, registrant, or certificate holder to complete and pass additional appraisal education courses; publication, or any combination of the foregoing which may apply. See Section 475.624, Florida Statutes and Rule 61J31-8.002, Florida Administrative Code. The penalties which may be imposed for violation(s) of Chapter 455 of the Florida Statutes, depending upon the severity of the offense(s), include: revocation of the license, registration, or certificate; suspension of the license, registration, or certificate for a period not to exceed ten (10) years; imposition of an administrative fine of up to $5,000 for each count or offense; imposition of investigative costs; issuance of a reprimand; imposition of probation subject to terms including, but not limited to, requiring the licensee, registrant, or certificate holder to complete and pass additional appraisal education courses; publication; restriction of practice; injunctive or mandamus relief; imposition of a cease and desist notice; or any combination of the foregoing which may apply. See Section 455.227, Fla. Statutes and Florida Administrative Code Rule 61J91-8.002. H:\FREAB\hall960.doc 12 FDBPR v. Deborah Hall Administrative Complaint SIGNED this day of Case No. 2008049960 , 2009. CHARLIE LIEM, Interim Secretary Department of Business and By: PCP Date: 12/09 PCP MEMBERS: sd/ck HAFREAB\hall960.doc Professional Regulation Robert Minarcin Assistant General Counsel Fla. Bar No. 163147 Department of Business and Professional Regulation Division of Real Estate Legal Section 400 W. Robinson Street, N801 Orlando, Florida 32801-1757 (407) 481-5632 - Telephone (407) 317-7260 - Facsimile a 29/01 FDBPR v. Deborah Hall Case No. 2008049960 Administrative Complaint NOTICE TO RESPONDENTS PLEASE BE ADVISED that mediation under Section 120.573 of the Florida Statutes, is not available for administrative disputes involving this type of agency action. PLEASE BE FURTHER ADVISED that pursuant to this Administrative Complaint you may request, within the time allowed by law, a hearing to be conducted in this matter in accordance with Sections 120.569 and 120.57 of the Florida Statutes; that you have the right, at your option and expense, to be represented by counsel or other qualified representative in this matter; and that you have the right, at your option and expense, to take testimony, to call and cross-examine witnesses, and to have subpoena and subpoena duces tecum issued on your behalf if a formal hearing is requested. PLEASE BE FURTHER ADVISED that if you do not file an Election of Rights form or some other responsive pleading with the Petitioner within twenty-one (21) days of receipt of this Administrative Complaint, the Petitioner will file with the Florida Real Estate Appraisal Board a motion requesting an informal hearing and entry of an appropriate Final Order which may result in the suspension or revocation of your real estate license or registration. Please see the enclosed Explanation of Rights and Election of Rights form. H:\FREAB \hall960.doc 14 Jul-11-06 = 10:17am FromeDENVER SHL-LFCI ovfaxreply@wam.net = T-ES1 | P.O02/014 = F-878 DEBBIE HALL Uniform Residential App raisal Report_ 4AOFEBIT AM & 35 x a {at not rey te CONTRACT i —— sl Orieway Suite conerate Cc — Feet — Fao oe Pr oe Ext Det. “| Buti Freddie Mac Form 70 March 2005 Page 1 of 6 Fannie Mae Form 1004 March 2005 ADMINISTRATIVE COMPLAINT, Feum 1004— "HN TOTAL: appeal sofware by 2a mn, nc. — 1-800 ALANODE EXHIBIT # EXHIBIT_|! pace __| of 15 __ PAGE 1s Sulei1-06 19:17am = Frow-DENVER SHL-LFCT ovfaxreply@wosu.net = T=851 P.003/014 F578 [10.62 mies a: eee @ $197,000 ‘This appraisal is made [<] Yes No_if'No, describe Utiities Public Other (describe) Public Other (describe) (Off-site Improvements - Type Public Private Becticity Dd Water x Steet_Asphalt Gas None Sanitary Sewer Aley None FEMA Special Flood Hazard Area_[] Yes Dx] No FEMA Flood Zone_X FEMA Map #_12103C0217G FEMA Map Date 9/3/2003 Ae the ufities and off-site improvements typical for the market area? [x] Yes_[ [No _ if No, describe Are there any adverse site conditions or extemal factors (easements, encroachments, environmental conditions, land uses, etc.)? Yes DX] No_If Yes, describe ALL EASEMENTS HAVE BEEN CONSIDERED. NO SURVEY WAS SUPPLIED TO THE APPRAISER. Units Bx] One [_j One with Accessory Unit [Dd] Concrete Slab Craw! Space Foundation Walls ConcreteFooting/Avg |Floors Tie/CptiAr # of Stories 4 Full Basesnent Partial Basement _|Exterior Walls Frame/Ava Walls DWAWP/iAva, q Det. [] Att [7] S-Det/End Unit Basement Area None_sq.ft}Roof Surface Comp.Shingle/Ar invFinish Wood/A\ Existing (_] Proposed [_} Under Const{Basement Finish ‘% | Gutters & Downspouts None Bath Foor__Tlie/A\ Desi ) Ranch Outside Entry/exit_ {_] Sump Pump [Window Type Single hung/A\ Bath Wainscot Tile/A\ ‘Year Built 1946 Evidence of |] Infestation None OBS |Storm Sasivinsulated None Car Storage None Effective 15 Dampness Settlement * Screens Aluminum/A\ Driveway # of Cars 41 Attic None Heat FWA HWBB Amenities Woodstove(s) # [Driveway Surface__ Concrete Drop Stair Stairs Other Fuet_ Electric Fireplace(s)# —X] Fence Wood Garage # of Cars_ 1C Gar Foor DX] Scuttle Cool Central Alr Condition PatioDeck Dkx2 Porch OPF. itt # of Cats Finished Heated Individual Other I] Poot Other Att Det. Bult-in es Px] Refrigerator Dx] Ran Dishwasher_[_] Di Microwave _[_] Washer/ Other (describe! Finished area above grade contains: 6 Rooms 3. Bedrooms 2_Bath(s) 4,360 jare Feet of Gross Living Area Above Grade Additional features (special energy efficient items, etc.) ‘The subject includes lighted ceiling fans,smoke detectors, new,appliances hardwood cabinets, a windows, doors roof inter. walls&paint,granite countertaps slate flooring, marble master bath, crown moldin; ited floor plan and exterior li Describe the condition of the property (including needed repairs, deterioration, renovations, remodeling, etc), Depreciation is Due To Normat Wear And Tear. Structure Is In Good Candition With No Required Repairs Noted At The Time Of inspection. The Subject includes Lighted Ceiling Fans, Smoke Detectors, New, Appliances, Hardwood Cabinets, Windows, Doors, Roof, Inter. Walls&Paint, Granite Countertops, Slate Flooring, Marble Master Bath, Crown Moldings, Updated Floor Plan And Exterior Lighting. / ‘Are there any physical deficiencles or adverse conditions that affect the livability, soundness, or structural integrity af the property? Yes ><] No_ If Yes, describe Does the property generally conform to the neighborhood {functional utiity, style, condition, use, construction, etc.)? ‘Yes No_IfNo, describe ADMINISTRATIVE: COMPERINT Page 1 of 6 Fannie Mae Foro a PS 5 EXHIBIT # a 104 —"WinTOTAL* appraisal software by a la made, inc. — 1-800-ALAMODE PAGE G7 PAGE oor _! , 05082006DH/CM/RS Uniform Residential Appraisal Report Fie # 3220StPete 5 comparable properties curently offered for sale in the subject neighborhood ranging in price from $ 489,000 to$_ 380,000 parable sales in the subject neighborhood within the past twelve months ranging in sale prica from $147,400 to $ 365,000 FEATURE SUBJECT COMPARABLE SALE # 1 COMPARABLE SALE # 2 2633 14th St. N COMPARABLE SALE #3 238.97 sq +{)$ Adjustment | DESCRIPTION [ +6) $ Adjustment Conv, Fixed Residential Residential Leasehald/Fee Simple Fee Simple Fee Simple Fee Simple 6,250 Sq.Ft. 6,350 SF MOL ical Typical ic i Ranch Average | Average 68/16 EFF 60/15 EFF Condition Averas Tota) |Bdrms. Typical Typical ic Gar ISPF,Deck +1,000)Fire research [x] did {1 did not reveal any prior sales or transfers ofthe subject property forthe three ears prlor to the effective date of this appraisal. Data Source(s) Pub. Rec., MLS, Win 2 Data, Microdecisions Tesearch [XJ did {[] did not reveal any prior sales or transfers of the comparable sales for the year prior to the date of sale of the comparable sale. Data Source(s) _ Pub. Rec., MLS, Win 2 Data, Microdecisions Report the resuits of the research and is of the prior sale of transfer history of the subject property and comparable sales (report adaditianal prior sales on page TEM SUBJECT COMPARABLE SALE #1 COMPARABLE SALE #2 COMPARABLE SALE #3 Date of Prior Sale/Transfer Prior sale 7/14/2004 No prior sales Prior sale 2/24/2005 Prior sale 11/18/2003 Price of Prior Sale/Transfer $132,000 to current owner{ within 3 years $199,000 Data Source(s) Pub.Rec..W2D,Micro..MLS_[Pub.Rec..W2D,Micro. MLS__|Pub.Rec.,W2D,Micro,.MLS Eflective Date of Data Source(s) {05/2006 05/2006 {05/2006 ls of prior sale or transfer history of the subject property and comparable sales All transactions on subject & comparable sales noted.Extensive Updates as weil as the increase in market ternds account for increase in value CONSIDERED THE BEST AND MOST RECENT SALES THAT COULD BE FOUND. THE COMPARABLE WERE WEIGHTED GIVING MOST CREDENCE TO SALE #1 AND THE LEAST WEIGHT TO SALE #3, BASED ON SIMILARITIES AND DISSIMILARITIES TO THE SUBJECT. SITE VALUE WAS DEVELOPED BY ABSTRACTION. b ison App Cost Approach (if developed)$ 334.452 Income op PRIMARY CONSIDERATION WAS GIVEN TO THE SALE COMPARISON APPROACH AS IT MORE ACCURATELY MEASUR! BUYER/SELLER REACTION IN THE MARKET PLACE. THE COST APPROACH LENDS SUPPORT TO THESE FINDINGS. ES TYPICAL fe] This appraisal is made DQ) “as is*, (I subject to completion per plans and specifications on the basis of a hypothetical condition that the improvements have been F=4 compieted, [_] subject to the following repairs or alterations on the basis of a hypothetical condition that the repairs or alterations have been completed, or ["] subject to the ic} following required Inspection based on the extraordinary assumption that the condition or deficiency does not require alteration of repair: This is a complete summal , defined scope of work, atalement of assumptiona and Iimiting of the Interior and exterlor areas of the subject sepleat of fie a alsal, my (our) opinion of the market value, as defined, of teal property that is the 8, 2006 which is the date of inspe and the effective date of this app 001 Ma : ‘annie Mae Form 1004 March 2005 POvINISTRAPE: COMPEREL Peoe2ats , EXHIBIT_5 #, Form 1004 —"WinTOTAL¢ appraisal software by a fa made, nc. — 1-200-ALAMODE PAGE 6% PAGE 1 OF ke) , (Main Fle No, 3220StPotel Page #7] 05082006DHICMIRS ort Fie # 3220StPete Uniform Residential Appraisal Re ADDITIONAL COMMENTS Provide adequate information for the fender/cfent to replicate the below cst figures and calcula Support for the opinion 4 ae (summary of comparable land sales tte mods forest site value extraction method whi i DWELLING 4,360 SUL@$ 108.21 28 SGF.@$ 29.36 = lopet/tuil 1¢ Homeowners’ Association HOA)? [J Yes [ }No Unit typ Provide the folowing information for PUDs ONLY if the developer/bullder is in control of the HOA and the subject property is an attached dwellng unit, Legal Name of Project N/A hases NIA Total number of units NIA etl mail of ns or sa NIA J) a ft conta ny ta dieting ns? Tlves CJ No vaio N/A . F4 Are the units, common elements, and recreation facilities complete? Yes_[ 7] No If No, describe the status of completion, N/A Are the common elements leased to or by the Homeowners’ Association? Yes No_if Yes, describe the rental terms and Describe common elements and recreational facifties. N/A ADMINISTRATIVE CONTPLARE Page 3 of & Tarra Mae Form 1004 Marah 2005 EXHIBIT # Z “_ Fon 1004 —“WInTOTAL!aprasal software by a a mae, fe. — -800-ALAMODE EXHIBIT_S pace or _ 10 _ PAGE _¢)__ [Main Fle No. 3220StPetel Page #8 Q5082006DH/CM/RS File # 3220StPete port This report form is designed to report an appraisal of a one-unit property or a one-unit property with an accessory unit; including a unit in a planned unit development {PUD). This report form is not designed to report an appraisal of a manufactured home or a unit in a condominium or cooperative project. Uniform Residential Appraisal Re This appraisal report is subject to the following scope of work, intended use, intended user, definition of market value, statement of assumptions and limiting conditions, and certifications. Modifications, additions, or deletions to the intended use, intended user, definition of market value, or assumptions and limiting conditions are nat permitted. The appraiser may expand the scope of work to include any additional research or analysis necessary based on the complexity of this appraisal assignment. Modifications or deletions to the certifications are also not permitted. However, additional certifications that do Not constitute material alterations to this appraisal report, such as those required by law or those related to the appraiser's continuing education or membership in an appraisal organization, are permitted. SCOPE OF WORK: The scope of work for this appraisal is defined by the complexity of this appraisal assignment and the reporting requirements of this appraisal feport form, including the following definition of market value, statement of assumptions and limiting conditions, and certifications, The appraiser must, at a minimum: (1) perform a complete visual inspection of the interior and exterior areas of the subject property, (2) inspect the neighborhood, (3) inspect each of the comparable sales from at least the street, (4) research, verify, and analyze data from reliable public and/or private sources, and (5) report his or her analysis, opinions, and conclusions in this appraisal report. INTENDED USE: The intended use of this appraisal report is for the lender/client to evaluate the property that is the subject of this appraisal for a mortgage finance transaction. INTENDED USER: The intended user of this appraisaf report is the lender/client. DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a competitive and open market under afl conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby: (1) buyer and seller are typically motivated; (2) both parties are well informed or well advised, and each acting in what he or she considers his or her own best interest, (3) a Feasonable time is allowed for exposure in the open market; (4) payment is made in terms of cash in U. S. dollars or in terms of financial arrangements comparable thereto; and (5) the price represents the normal consideration for the Property sold unaffected by special or creative financing or sales concessions* granted by anyone associated with the sale. *Adjustments ta the comparables must be made for special or creative financing or sales concessions. No adjustments are necessary for those costs which are normally paid by sallers as a result of tradition or law in a market area; these costs are teadily Identifiable since the seller pays these costs in virtually ail sales transactions. Special or creative financing adjustments can be made to the comparable property by comparisons to financing terms offered by a third party institutional lender that is not already involved in the Property or transaction. Any adjustment should not be calculated on a mechanical dollar for dollar cost of the financing or concession but the dollar amount of any adjustment should approximate the market's reaction to the financing or concessions based on the appraiser's judgment. STATEMENT OF ASSUMPTIONS AND LIMITING CONDITIONS: The appraiser's certification in this report is subject to the following assumptions and limiting conditions: 1. The appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the title to it, except for information that he or she became aware of during the research involved in performing this appraisal. The appraiser assumes that the title is good and marketable and will not render any opinions about the title. 2. The appraiser has provided a sketch in this appraisal report to show the approximate dimensions of the improvements. The sketch is included only to assist the reader in visualizing the property and understanding the appraiser's determination Of its size. 3. The appraiser has examined the available flood Maps that are provided by the Federal Emergency Management Agency (or other data sources) and has noted in this appraisal Teport whether any portion of the subject site is located in an identified Special Hood Hazard Area. Because the appraiser is not a surveyor, he or she makes no guarantees, express or implied, regarding this determination. . 4, The appraiser will not give testimony or appear in court because he or she made an appraisal of the property in question, unless specific arrangements to do so have been made beforehand, or as otherwise required by law. 5. The appraiser has noted in this appraisal feport any adverse conditions (such as needed repairs, deterioration, the Presence of hazardous wastes, toxic substances, etc.) observed during the inspection of the subject property or that he or she became aware of during the research invaived in Performing the appraisal. Unless otherwise stated in this appraisal report, the appraiser has no knowledge of any hidden or unapparent physical deficiencies or adverse conditions of the property (such as, but not limited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) that would make the property less valuable, and has assumed that there are no such conditions and makes no guarantees or warranties, express or implied. The appraiser will not be responsible for any such conditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist. Because the appraiser is not an expert in the field of environmental hazards, this appraisal report must not be considered as an environmental assessment of the property. 6. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to satisfactory completion, repairs, or alterations on the assumption that the completion, repairs, or alterations of the subject property will be performed in a professional manner. ADMINISTRATH¥YE“COMPAd IR Page 4 of 6 Fannie Mae Form 1004 March 2005 L EXHIBIT_S q EXHIBIT # 1004 —"WinTOTAL* ppralsal sotware by ala mode, ine. —1-800-ALAMODE PAGE or ___% . PAGE _70 Se EXHIBIT # PAGE 10 oF | Form 1004 — *WinTOTAL* appraisal saftware by ata made, inc. — 1-800-ALAMODE 05082006DH/CM/RS Uniform Residential Appraisal Report Fie # 32208tPete 21. The lender/client may disclose or distribute this appraisal report to: the borrower, another lender at the request of the borrower, the mortgagee or its successors and assigns; mortgage insurers; government sponsored enterprises; other secondary market participants; data collection or reporting services; professional appraisal organizations; any department, agency, or instrumentality of the United States; and any state, the District of Columbia, or other jurisdictions; without having to obtain the appraiser's or supervisory appraiser's (if applicable) consent. Such consent must be obtained before this appraisal report may be disclosed or distributed to any other party (including, but not limited to, the public through advertising, public relations, news, sales, or other media). 22. | am aware that any disclosure or distribution of this appraisaf report by me or the lender/client may be subject to certain laws and regulations. Further, | am also subject to the provisions of the Uniform Standards of Professional Appraisal Practice that pertain to disclosure or distribution by me. 23. The borrower, another lender at the request of the borrower, the mortgagee or its successors and assigns, mortgage insurers, government sponsored enterprises, and other secondary market participants may rely on this appraisal report as part of any mortgage finance transaction that involves any one or more of these parties. 24. If this appraisal report was transmitted as an “electronic record” containing my “electronic signature," as those terms are defined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of this appraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable and valid as if a paper version of this appraisal report were delivered containing my original hand written signature. 25. Any intentional or negfigent misrepresentation(s) contained in this appraisal report may result in civil liability and/or criminal penaities including, but not {imited to, fine or imprisonment or both under the provisions of Title 18, United States Code, Section 1001, et seq., or similar state laws. SUPERVISORY APPRAISER’S CERTIFICATION: The Supervisory Appraiser certifies and agrees that 1. {directly supervised the appraiser for this appraisal assignment, have read the appraisal report, and agree with the appraiser's analysis, opinions, statements, conclusions, and the appraiser's certification. 2. | accept full responsibility for the contents of this appraisal report including, but not limited to, the appraiser's analysis, opinions, statements, conclusions, and the appraiser's certification. 3. The appraiser Identified in this appralsal report is either a sub-contractor or an employee of the supervisory appraiser (or the appraisal firm), is qualified to perform this appraisal, and is acceptable to perform this appraisal under the applicable state law. 4. This appraisal report complies with the Uniform Standards of Professional Appraisal Practice that were adopted and Promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the time this appraisal report was prepared. 5. if this appraisal report was transmitted as an “electronic record" containing my “electronic signature," as those terms are defined in applicable federal and/or state !aws (excluding audio and video recordings), or a facsimile transmission of this appraisal report containing a copy or representation of my signature, the appraisal report shall be as effective, enforceable and valid as if a paper version of this appraisal report were delivered containing my original hand written signature. APPRAISE! , vi SUPERVISORY APPRAISER (ONLY IF REQUIRED) Signatur fit Ee Name Deborah M. Hall Company Name raise [t All Company Address 5443 James St., New Port Richey, FL 34652 Telephone Number 727 8424242 Email Address debbair@aol.com Date of Signature and Report May 16, 2006 Effective Date of Appraisal May 8, 2006 State Certification # St. Cert. Res. Rea. Rd. #4615 or State License # or Other (describe) State FL Expiration Date of Certification or License State # 14/30/2006 ADDRESS OF PROPERTY APPRAISED 3220 10th St_N St Petersburg, FL 33704 Company Address Telephone Number Email Address Date of Signature State Certification # or State License # State Expiration Date of Certification or License SUBJECT PROPERTY CD Did not inspect subject property Did inspect exterior of subject property from street Date of Inspection APPRAISED VALUE OF SUBJECT PROPERTY $ 332,000 LENDER/CLIENT Name Ryan Takieddine Company Name Diamond Residential Mortgage Company Address 3790 Tyrone BNd., Suite # D, St, Petersburg, FL, 33710 Email Address ryan@5facets.com Page 6 of 6 C Did inspect interior and exterior of subject property Date of Inspection COMPARABLE SALES C Did not inspect exterior of comparable sales from street Did inspect exterior of comparable sales from street Date of Inspection Fannie Mae Form 1004 March 2005 PAGE TS Ht Un Proximity to Subject iform Residential Ap praisal Re [Main File No. 32208tPetel Page #17 05082006DH/CM/RS Fie # 3220StPete ort Sale Price/Gross Liv. Area $__ 238.97 sq.ft. Residential Fee Simple Fee Simple 6,250 Sq.Ft. Typical No PaolWd fen None Noted Fe] Data Source(s Effective Date of Data Source(s) g = $ 4000] []+ []- |. Net Adj. % 359,050) Adj. 15 %|$ 337,000|Gruss Adj, % Report the results of the research and analysis of the prior sale or transfer history of the subject property and comparable sales (report additional prior sales on page 3}. TEM SUBJECT COMPARABLE SALE #4 COMPARABLE SALE #5 COMPARABLE SALE #6 Date of Prior Sale/Transfer Prior sale 7/14/2004 - Foy Price of Prior Sale/Transfer @$132,000 to current owner ANALYSIS / COMMENTS ADMINIS TRAE BoB OT RPEA ENT, EXHIBIT # PAGE —_!! of 1% (AC) — "WinTOTAL" appraisal software by a fa mode, ine, — 1-800-ALAMODE ’ Fannie Mas Farm 1004 March 2005 EXHIBIT_S- . PAGE 72 Subject Photos Sorowey/Clent_ Rafael Berrios Address 3220 10th St. N St. Petersburg Subject Front 3220 10th St.N Sales Price 325,000.00 Gross Living Area 1,360 Total Rooms 6 Total Bedrooms 3 Total Bathrooms = 2 Location Residential View Typical Site 6,250 Sq.Ft. Quality Average Age 60/15 EFF Subject Rear Subject Street SDMINISTRATIVE COMPLAINT - EXHIBIT # 2 q pace TY oF 10 EXHIBIT_S__ Form PICPIX.SR — "WinTOTAL® appraisal software by a la mode, inc. —- 1-800-ALAMODE PAG E 7 3 . Comparable Photos #4 Comparable 1 526 25th Ave. N Prax. to Subject 0.62 miles SE Sales Price 330,000 Gross Living Area) 1,285 Total Rooms 5 Total Bedrooms 2 Total Bathrooms = 1.5 Location Residential View Typical Site 6,350 SF MOL Quality Average Age 68/16 EFF Comparable 2 2633 14th St. N Prox. to Subject 0.47 miles SW Sales Price 360,000 Gross Living Area = 1,720 Total Rooms 7 Total Bedrooms = 3 Total Bathrooms «2.5 Location Residential View Typical Site 8,680 SF MOL Quality Average Age 55/15 EFF Comparable 3 1027 24th Ave. N Prox. to Subject (0.53 miles S Sales Price 330,000 Gross Living Area 1,262 Total Rooms 6 Total Bedrooms «3 Total Bathrooms = 2 Location Residential View Typical ‘ Site 6,760 SF MOL Quality Average Age 80/25 EFF cA ADMINISTRATIVE LOMPLAINE EXHIBIT 5 =XHIBIT yy ¥ PICPIX.CR — "WinTOTAL' appraisal software by a la mode, inc. — 1-B00-ALAMODE P, AGE ah -aGE_ /3 ge : BorrowerCilent_ Rafael Berrios Property Address 3220 10th St.N Ci St. Petersburg Comparable Photo Page County Pinellas Diamond Residential Mortgage SUMINISTRATIVE COMPLAINT EXHIBIT # PAGE — 4 oF \a (Main Bie No, s20stPete] Pace #14) Comparable 4 868 27th Ave N Prox. to Subject 0.37 miles S Sales Price 365,000 Gross Living Area = 1,635 Total Rooms 6 Total Bedrooms = 3 Total Bathrooms = 2 Location Residential View Typical Site 6,350 Sf Moi Quality Average Age 84/15 eff Comparable 5 2324 7th Ave N Prox, to Subject 0.62 miles SE Sales Price 342,000 Gross Living Area = 1,434 Total Rooms 5 Total Bedrooms 2 Total Bathrooms = 2. Location Residential View Typical Site 7,020 Sf Mol Quality Average Age 80/15 Eff Comparable 6 Prox. to Subject Sales Price Gross Living Area Total Rooms Total Bedrooms. Total Bathrooms Location View Site Quality Age Form PICPIX.CR — "WinTOTAL* appralsal software by a la mode, inc. — 1-800-ALAMODE . Location Map Borrower/Clent__Rafael Berrios Address_3220 10th St_N St. Petersburg Diamond Residential Mortga: ADMINISTRATIVE COMPLAINT EXHIBIT Tm rr 06 — appraisal software by a a mode, inc. — 1-800-ALAMODE EXHIBIT. PAGE 1S or __ 1d , PAGE _76 Flood Map BorroweyCient__ Rafael Berrios Property Address 3220 10th St_N City St Petersburg County Pinellas State FL Zip Code 33704 Lender Diamond Residential Mortgage InterFlood ‘ ; beep ed for: : arr] 3220 10th St. N werwisiterflond com © 1-800-252-6633 St. Petersburg, FL 39704 EE! Powered by FloodSource ue 977.77.FLOOD 9 1999-2008 SourseProse and/or FloodSouroe Comporations. Al rights reserved. Patents 6,631,220 and 8.078.516. Other patents pending. For Info: into@tlecdsource.cam. ADMINISTRATIVE. COMPLAINT EXHIBIT FF . PAGE 6 OF Be spravepntsteny sama n—tanaue oAGE 19 ; APPRAISE I ALL, BY DEBORAH HALL PLEASE FILL OUT COMPLETELY AND FAX TO 727-842-4700 can be emailed to: Debbnir@aolcom a APPRAISER: : DaTe__S It 06 [> PHONE: ar 65 6- 966 s— PROPERTY TO BE’ PRAISED: - oo OWNER : Qiket— PCEEre ADDRESS|_E220 ork ow f/. CONTACT NUMBERS: -_ +. C42 727 S4/-2322 ADDRESS: BRg AME/#; : SALE Price: “SZ254.40 0 AMOUNT: i— ESTIMATED VAT.UE TH REFIT; APPRAISAL FEE: SY THE APPRAISER RE COLLECT AT TIME: OF APPRAISAL RANGEMENTS HAVE BEEN MADE. Woot EY P.001/00} ey Z , PYR_DNG TON _DEN_pc_vNO_May_meD_eTi_uNby_oTEN FYR__PNG_RTCN__DEW__RRC_YNO_FPULY_BED_ STH_UNDV__OTHR, FYR_.PNG_KTON,_DEN__REC_VNO_PMLV__BED_STH_ENDV__OTHR_ ADDITIOVALCOMMAEN ER. ; a ADMINISTRATIVE COMPLAINT So exnigit ¢ 3 - EXHIBITS PAGE _ 3 OF _ 25 PAGE 82. . S ubye Ce eo sce worn! Grea i> a € no 14) °° 7" * Property: HST ms ST PETERSBURG FL 33704-1204 C014 APN: . * 31-16-14 2 63; 270 Strap #: 12-31-16-26334-000-0270 oo Card # o: “Mill Code: SP Use: SFR County: PINELLAS, FL = Prop Tax: $3,083.60 Total Value: $126,200 Census: 232.00 : Tax Yr: 2005 Delina: Land Value: $57,000 Map Pg: 238 i Tax Appraisal: SP Imprv Value: $69,200 AIM Vol/Pg 1: 10238 . Neigh Code: 014 Taxable Val: $126,200 AIM Vol/Pg 2: / id Exemptions: Building Val: TRIS: 31-16-12 . Agricult Val: Municipality: ; Assd Yr: 2005 Subdivision: % Improve: 055% Owner: Owner Vest. SI / / Phone: Mail: T PETERSBURG FL 33704-1204 C014 (No Mail) Owner Transfer= Rec Dt: Price: Doc#: Type: Sale Dt: ; PRIOR SALE Recording/Sale Date: 07/14/2004 07/09/2004 Sale Price/Type: $132,000 Ah Al OR B&P/Stamp $: ~ 13704-2117 Ne 30 YA ct ve Deed Type: TRUSTEE'S DEED - 2 Qh “ut 4st Mtg Loan $/Type: $105,600 CONV 5 x ist Mtg Rate/Type/Term: 6.95 /ADJ 130 LAL aL th Sik 4st Mtg Lender: LONG BCHMTGCO aang) waa] 2nd Mtg Loan $/Type: - 2 Se. ML King 2nd Mtg Rate/Type/Term: ] I / Title Company: u Transfer B&P: ‘ Seller: 3220 10TH ST N TRUST New Construction: Other Last Sale Info= = # Parcels: 'Type2: Pend: SITE INFORMATION Zoning: — 5 : Garage Capi: Acres: 0.14 County Use: 01210 Carport Area: Lot Area: 6,250 State Use: 01 é Garage 2 Saft: Lot Width: 50.00 Bldg Class: ; : Parking Sqft: 308 Lot Depth: 125.00 Location Type: > Parking Type: DETACHED GARAGE Usable Lot Area: Sitd Influence: ; : a Flood Panel: Panel Date: 02 - 2 Flood Zone: 5 / / aj 1, ? : re 3 a roe -ROMINISTRATIVE BOMPLAINT & IBIT # 2h BH ge — 3 / —e ABE op 2B 4) ITT Peat 0 <2 PAGE _ 33 rape ru. 12 / 31 / 16 / 26334 / 000 / 0270 01-May-2006 Jim Smith, CFA Pinellas County Property Appraiser 18:48:40 OQunership Information Residential Property Address, Use, and Sales PARKER, ROBERT H OBK: 13704 OPG: 2117 3220 10TH ST N ST PETERSBURG FL 33784-1204 EWAC: Non-EVAC Comparable sales value as Prop Addr: 3228 10TH ST N of Jan 1, 2005, based on Census Tract: 232.00 sales from 2003 - 2004: 147,600 Sale Date OR Book/Page Price (Qual/Un@) Vac/Imp Plat Information 5 /2,004 13,591/ 840 $1,900 (u) 1924: Book 0096 Pgs 028- 7:°/2,004 13,704/2,117 132,000 (Q) 9000: Book Pgs - 5 /1,997 8.68371, 168 17,000 (u) 0088: Book Pgs - o /o 0 Just/Market: 126,200 Homestead: Ounership 4% . 090 Govt Exem: Use %: 1.009 Assessed/Cap: 126,200 Institutional Exem: Tax Exempt %: .890 Historic Exem: Taxable: 126,290 Agricultural: District: Frontage: St. Petersburg O56 Millage: 24.4342 i Unit Land Land Land Price Units Meth O05 Taxes: 3,083.60 1,425.00 50.00 F Special Tax 00 . 90 0 ~ 80 00 Without the Save-Our-Homes -00 00 cap, 2005 taxes will be : ~00 08 3,083.60 a0 -00 Without any exemptions, 2005 taxes will be : 3,083.60 Short Legal EUCLID PARK Description ADMINISTRATIVE COMPLAINT EXHIBIT # EXHIBIT_ S PAGE __5 _ or __ 25 PAGE 37 Coy? MO PROPERTY INFORMATION Distance: 0.63 miles 15) .. Property: 526 25TH AVE N, ST PETERSBURG FL 33704-2824 C007 oe’ . 31-17-07-18936-003-0180 Strap #: 07-31-17-18936-003-0180 9 Card #: Mill Code: SP Use: SFR County: PINELLAS, FL Prop Tax: $1,292.57 Total Value: $184,800 Census: 238.00 Tax Yr: 2005 Deling: Land Value: $106,100 Map Pg: 239 Tax Appraisal: SP Imprv Value: $78,700 AIM Vol/Pg 1: 10239 Neigh Code: 003 Taxable Val: $52,900 AIM Vol/Pg 2: I Exemptions: DISABLED Building Val: TRIS: 31-17-07 HOMESTEAD Agricutt Val: Municipality: Assd Yr: 2005 Subdivision. | CRESCENT PARK HEIGHTS % |Improve: 043% Owner: WUNDERLIN CHRISTOPHER A Owner Vest. SM / / Phone: Mail: 526 25TH AVE N; ST PETERSBURG FL 33704-2824 C007 Owner Transfer= Rec Dt: Price: Doc#: Type: Sale Dt SALE & FINANCE INFORMATION LAST SALE PRIOR SALE Recording/Sale Date: 10/14/2005 09/16/2005 12/15/1995 12/12/1895 Sale Price/Type: $330,000 $73,000 OR B&P/Stamp $: 14676-762 : 9194-885 Deed Type: WARRANTY DEED WARRANTY DEED 1st Mtg Loan $/Type: $264,000 CONV $53,000 CONV 1st Mtg Rate/Type/Term: 6.33 /ADJ 130 FIXED 1st Mtg Lender: COLDWELL BANKER MTG HOME SVGS/AMERICA FSB 2nd Mtg Loan $/Type: $49,500 CONV 2nd Mtg Rate/Type/Term: / FIXED 120 Title Company: Transfer B&P: Seller: STAPLETON STAN & DEBORAH L New Construction: Other Last Sale Info= = # Parcels: Type 2: Pend: SITE INFORMATION Zoning: Garage Cap#: Acres: 0.15 County Use: 01896 Carport Area: : Lot Area: 6,350 State Use: 01 Garage 2 Sqft: | Lot Width: 50.00 Bldg Class: Parking Sqft: Lot Depth: 127.00 Location Type: Parking Type: Usable Lot Area: Site‘nfluence: Flood Panel: Panel Date: Flood Zone: ue ADMINISTRATIVE COMPLAINT EXHIBIT 5 EXHIBIT #__3 ra GE xe PAGE leo oF 25 PAs IMPROVEMENT INFORMATION County: PINELLAS, FL APN: = 31-17-07-18936-003-0180 Gross'Bldg Area: 1,585 Total Rooms: Construction: Bidg/Living Area: 1,285 Bedrms: ‘ Foundation. CONT. FOOTING Total Adj Area: Baths (Full/Half): ‘90 Ext Wall: FRAME Base/Main Area: 1,105 Ti Baths/Fict: Int Wall: DRYWALL Ground Fir Area: Yr BuiltEff: ‘208 - a0 0% Roof Type: Basement Area: # Stories: 1.00 Roof Mati: COMPOSITION SHINGLE SISF: Fireplace/#: Y . Roof Frame: Pool Area: Pool: Roof Shape: GABLE/HIP Porch 1 Area: 180 Porch Type: ‘ ENCLOSED/FINISHED = Heat Fuel: Porch 2 Area: 300 Patio Type: DECK Heat Type: CENTRAL Patio/Deck 1: 572 Improve Type: Parcel Fuel: Patio/Deck 2: Style: U-SHAPE Floor Type: Perimeter Area: Floor Cover: COMBINTAION Heated Area: Air Cond: CENTRAL Bldg Desc Size # Res. Units: Section #: ENCL PORCH FIN 180 # Comm Units: Level #: ee UY FIR ae Bldg Type: Inspect Eniry: 01 Permit $: Permit #: Extra Features Description: Unit: Size/Qty: Width: Depth: Yr.Built: Improve Value: PATIO DECK s 572 1968 5720 FIREPLACE U 1 1938 5000 LEGAL INFORMATION Legal Plat BkPg: 5-75 Legal Bik/Bidg: c Legat Lot/Unit: 18 Legal Desc: CRESCENT PARK HEIGHTS BLK C, LOT 18 TR 18936 ADMINISTRATIVE COMPLAINT EXHIBIT # EXHIBIT _S pace _l_ __ or _ AS PAGE _ 3 . Legal Truncated: ! COM vai) PROPERTY INFORMATION Distance: 0.45 miles G FL.33704-2615 C008 (3 ‘Strap #: 12-31-16-61632-000-0130 Card #: Mill Code: SP Use: SFR County: PINELLAS, FL Prop Tax: $3,342.60 Total Value: $136,800 Census: 232.00 Tax Yr: 2005 Deling: Land Value: $76,500 Map Pg: 238 Tax Appraisal: SP Imprv Value: $60,300 AIM Vol/Pg 1: 10238 Neigh Code: 016 Taxable Val: $136,800 AIM Vol/Pg 2: 1 Exemptions: Building Val: TIRIS: 31-16-12 Agricult Val: Municipality: , Assd Yr: 2005 Subdivision: | NORTH WOODLAWN % Improve: 044% Owner: GOWER JOHN S ; Owner Vest: / / Phone: Mail: 2633 14TH ST N; ST PETERSBURG FL 33704-2615 C008 Owner Transfer= Rec Dt: Price: Doc#: Type: Sale Dt: SALE & FINANCE INFORMATION LAST SALE "PRIOR SALE Recording/Sale Date: 01/10/2006 01/04/2006 02/24/2005 02/18/2005 Sale Price/Type: $360,000 : $199,000 OR B&P/Stamp $: 14862-1397 14136-2397 Deed Type: WARRANTY DEED WARRANTY DEED 1st Mtg Loan $/Type: $288,000 CONV $136,000 PRIVATE PARTY 1st Mtg Rate/Type/Term: / FIXED 130 12.00 FIXED 1st Mtg Lender: SOUTHERN SEC MTG CO PRIVATE INDIVIDUAL 2nd Mtg Loan $/Type: 2nd Mig Rate/Type/Term: / I Titte Company: DIAMOND TITLE AGENCY INC Transfer B&P: Seller: F & M HOMES INC New Construction: Y Other Last Sale Info= = # Parcels: Type 2: Pend: SITE INFORMATION Zoning: Garage Cap#: Acres: 0.20 County Use: 01210 Carport Area: Lot Area: 8,680 State Use: 01 . Garage 2 Sqft: Lot Width: 62.00 Bldg Class: “Parking Sqft 308 Lot Depth: 140.00 Location Type: Parking Type: DETACHED GARAGE Usable Lot Area: SiteInfluence: Flood Panel: Panel Date: Flood Zone: eo ADMINISTRATIVE COMPLAINT EXHIBIT_.5 EXHIBIT # PAGE _ 37 PAGE 3 oor 5 oO \ PROPERTY INFORMATION A . Distance: 0.51 miles 4) © 7" ‘property: 1027 26TH AVE N, ST PETERSBURG FL 33704-3242 C008 APN: 31-16-12-11754-003-0140 Strap #: 12-31-16-11754-003-0140 Card #: Mill Code: SP Use: SFR County: PINELLAS, FL Prop Tax: $3,530.74 Total Value: $180,800 Census: 232.00 Tax Yr: 2005 Deling: Land Value: $90,200 Map Pg: 238 Tax Appraisal: SP Imprv Value: $90,600 AIM Vol/Pg 1: 10238 Neigh Code: 016 ; Taxable Val: $144,500 AIM VollPg 2: | Exemptions: HOMESTEAD Building Val: TIRIS: 31-16-12 Agricuit Val: Municipality: Assd Yr: 2005 Subdivision. | BROADWAY ADD % Improve: 050% Owner: HOOVER MARSHA Owner Vest: UN / / Phone: Mail: 1027 24TH AVE N; ST PETERSBURG FL 33704-3242 C008 Owner Transfer= Rec Dt: Price: Doc#: Type: Sale Dt: SALE & FINANCE INFORMATION LAST SALE PRIOR SALE Recording/Sale Date: 10/17/2005 09/24/2005 11/18/2003 10/23/2003 Sale Price/Type: $330,000 $197,000 OR B&P/Stamp $: 14679-9809 13217-1711 Deed Type: WARRANTY DEED WARRANTY DEED 1st Mtg Loan $/Type: $264,000 CONV . $199,955 CONV 1st Mtg Rate/Type/Term: / FIXED 130 FIXED 1st Mtg Lender: DIVERSIFIED HM MTG INC NAVY FCU 2nd Mtg Loan $/Type: 2nd Mtg Rate/Type/Term: / / Title Company: Transfer B&P: Seller: CAVANDER ROBERT V & NONGKHANE New Construction: Other Last Sale Info= = # Parcels: Type 2: ‘Pend: SITE INFORMATION Zoning: Garage Cap#: Acres: 0.16 County Use: 01210 Carport Area: Lot Area: 6,760 State Use: 01 Garage 2 Saft: Lot Width: 52.00 Bidg Class: Parking Sqft: 333 Lot Depth: 130.00 Location Type: Parking Type: DETACHED GARAGE Usable Lot Area: Site Influence: Flood Panel: Panel Date: Flood Zone: _ ADMINISTRATIVE COMPLAINT EXHIBIT_s3 EXHIBIT # PAGE Bo PAGE A wrote OF 25 IMPROVEMENT INFORMATION County: PINELLAS, FL - APN: 34-16-12-26334-000-0270 | Gross Bldg Area: 1,388 Total Rooms: : Construction: | Bidg/kiving Area: 1,360 Bedrms: Foundation; | CONT. FOOTING | Total Adj Area: Baths (Full/Half): 2 Ext Wall: FRAME | Base/Main Area: 1,360 Ti Baths/Fot: 2.00 6 int Wall: DRYWALL Ground Fir Area: Yr Built/Eff: 1948 -|,0 Roof Type: : | Basement Area: # Stories: 1.00 Roof Mati: COMPOSITION SHINGLE | S/SF: Fireplace/#: Roof Frame: | Pool Area: Pool: Roof Shape: GABLE/HIP Porch 1 Area: 28 Porch Type: FINISHED/OPEN Heat Fuel: Porch 2 Area: Patio Type: DECK Heat Type: CENTRAL Patio/Deck 1: 100 Improve Type: Parcel Fuel: Patio/Deck 2: 638 Style: L-SHAPE Floor Type: Perimeter Area: Floor Gover: COMBINTAION Heated Area: Air Cond: CENTRAL | Bidg Desc Size # Res. Units: Section #: OPEN PORCH FIN 28 # Comm Units: Level #: DET GARAGE UNFIN 308 Bldg Type: Inspect Entry: © 01 | Permit $: | Permit #: Extra Features | Description: Unit, — Size/Qty: ~~ Width: + Depth: Yr Built: Improve Value: | PATIO DECK s 100 2000 850 | PATIO DECK s 638 1970 1910 | ee LEGAL INFORMATION Legal Plat BkPg: 6-28 Legal Bik/Bidg: Legal Lot/Unit: 27 Legal Desc: EUCLID PARK LOT 27 TR 26334 ra Legal Truncated: ADMINISTRATIVE COMPLAINT . EXHIBIT # EXHIBIT_S 3 PAGE 10 oF _A5 ° PAGE rl Print Page 1 of 3 Search Criteria ‘Search Name: Residential Advanced Search Date: 24Ju+2008 2:16:32 PM Search Criteria Field ‘Status Property Style ‘Sq Ft Heated ‘Street Direction 2p Property Type ‘Sales Price Soild Date 46 Sold Listings A tar 3 $365,000 Bt 101% 232 Averng (000 $187.50 ao% 0 fede 3 R27 = §21821s8% 80 Median 2 ‘ $218.04 96% 38 EXHIBIT 5 PAGE 2) __ ENISTRATIVE COMPLAINE PERT seh D PAGE Map View : ; Page 1 of 1 7 # Listing # Address 1 7131237 ses 27th Ave N Sold 379,900 2 7104246 @ 127 28th Ave N Sold 350,000 323,500 3 7118402 6 303 20TH AVE N Sold 349,900 310,000 4 7129491 ie 526 25th Ave N 4 _ Sold 349,000 330,000 5 7150716 2 2324 7thstN "Sold 339,900 342,000 6 7137439 & 495 20th Ave N Sold 339,000 339,000 7 7119188 2 206 29th Ave N Sold 331,000 318,000 8 7145826 3 848 17th Ave N Sold 329,900 325,000 9 7141270 ig 126 33rd Ave N Sold 324,000 294,000 10 7127135 3020 11th StN : Sold 312,900 299,000 11 7178076 i 2026 14th StN Sold 310,000 290,000 12 7137762 6 1146 17th Ave N Sold 299,900 299,900 13 7139385: 217 34th Ave N Sold 299,900 292,500 14 7124379 $ 2025 5th StN Sold 299,000 299,000 15 7131739 & 300 24th Ave N Sold 294,900 294,900 16 7158121 @ 134 28th Ave N , Sold 294,990 290,000 ADMINISTRATIVE COMPLAINT EXHIBIT #3 PAGE [2 , of $132,000 |PARKER ROBERT H ‘07709/2004 (3220 10TH STN. : IPITONE PETER V & OFA Si2005 1009 24TH AVE N 09/24/2005. 1027 24TH AVE N 4/04/2006 2633 14TH STN ADMINISTRATIVE COMPLAINT EXHIBIT # 3 PAGE (3 oF oo EXHIBIT 5° PAGE 72 3 Printed on May-01-06 18:41 MicroBase : 122 DGU 22 BAS 37 @OMINISTRATIVE COMPLAINT EXHIBIT # 3 PAGE __ It oF 25 EXHIBIT_s PAGE MicroBase oS Je , pole — Crp nm Tells CC Printed on May-01-06 19:24 Uh Sak Parcel Number: Legal Description 2: \l ew) Crom PAGE abe 2 Property Address: 3116 12 26334 000 0270 Grantee: Parker Robert H Mail Address: 3220 10th StN Grantor: 3220 10th StN Tr & Stephen B King Mail City: Saint Petersburg Mail Zip: 33704-1204 Mtgee: = Long Bch Mtg Co Mtg Type: Cnv V Taxes: 3083.60 Land Value: 70540 Price: Date: Cain > Tot Bldg: 1696 Bld: Improved Val: 69200 Mtg $: Yr#1; Tot Htd: 1360 Sto#1: 1.0 Extra Fea Val: 1520 Sales History 1: 04/05 $ 91000 UI13591/840 Bed #1: Zoning: _ Assessed: 126200 Sales History 2: 97/05 $ 17000D UL 9693/1169 Bth#1: 6.0 Land Size: 50.00 In Un: FF Mtg History - 1: Plat Bk/Pg: PB 006/0 Mtg History - 2: . Use: 01210 Legal Description 15( Enelid Park Lot 27 _) Legal Description 2: Air-#1: Cooling (Central) Sub-Areas - #1: BAS 1360 OPF 28 DGU 308 Heat Type - #1: Central Duct Features - 1: Census Tract 0232.00 Patio/Deck 100 Patio/Deck 638 Ext Wall - #1: Frame-Siding Features - 2: Int Wall - #1: Drywall/Plaster/Pa Property Address: 3366 10th StN Camp C Parcel Number: 3116 12 26334 000 0330 Grantee: Boborquez Francisco & Smillov Diana Mail Address: 3366 10th St N Grantor: Matthews Joseph & Roseanne Mail City: Saint Petersburg Mail Zip: 33704-1206 Mtgee et St Mtg Corp Mtg Type: CovF Taxes: 4596.07 Land Value: 70540 : C 265000) Date: CSW Tot Bldg: 1689 Bld: 1 Improved Val: 13110 Mies: 212000 Yr#1: 1925 Tot Htd: 1689 Sto#1: 2.0 Extra Fea Val: Sales History 1: 03/11 $ 250000 A UI+ 13219/1637 Bed #1: Zoning: Assessed: 188100 Sales History 2: 03/06 $ 43000 O UI 12813/537 Bth#1: 8.0 Land Size: 50.00 InUn: FF Mig History - 1: 13219/1637 $ 225000 Cnv V 13219/1640 ul City Mtg Co Plat Bk/Pg: PB 006/0 Mtg History - 2: 12474/454 $ 87500 Cnv F 124747457 Mi e Irwin Use: 01210 Legal Description 1: Euclid Park Lot 33 Legal Description 2: Air-#1: Cooling (Central) Sub-Areas - #1: BAS 940 USF 749 Heat Type - #1: Central Duct Features - 1: Census Tract 0232.00 Ext Wall - #1: Alum/Vayi/Rcld/Frm Features - 2: Int Wall - #1: NIA Property Address: 3300 Jackson St N ey Parcel Number: 3116 12 26334 000 0550 Grantee: Simmons Bruce Mail Address: Po Box 76301 Grantor: Wilson Barry Mail City: Saint Petersburg Mail Zip: 33734-6301 Mtgee: Faylor Bean & Whitaker Mtg Corp Mtg Type: CovF = Taxes: 2624.23. Land Value: 70540 Price: Date: COSI > Tot Bldg: 1522 Bid: Improved Val: 50400 Mtg $: 9500 =Yr#i: 1951 Tot Htd: 1100 Sto#1: 1.0 Extra Fea Val: Sales History 1: 04/05 $ 122000 QI 13594/737 Bed #1: Zoning: Assessed: 107400 Sales History 2: 01/07 $ 79900 F QI11457/1880 Bth#l: 3.0 Land Size: 50.00 In Un: FF Mtg History - 1: 14879/2353 $ 117900 Cnv F 14879/2355 Taylor Bean & Whitaker Plat Bk/Pg: PB 006/0 Mtg History - 2: 13594/737 $ 122000 Cnv F 135947788 New Century Mtg Corp dm ve. wpa Legal Description 1: Euclid Park Lot 5 sen pant ocke pe (2 ates Legal Description 2: ne #1: pe (Central) Sub-Areas - #1: BAS 848 EPF 252 opr s 55 OPU 160 CPU 207 Heat Type - #1: Central Duct Features - 1: at 0232.00 Ext Wall - #1: Frame-Siding Features - 2: a2) ot. “Poor Cond. Int Wall - #1: Drywall/Plaster/Pa Property Address: 3225 11th StN LOTTE @& Parcel Number: 3116 12 26334 000 0690 Grantee: Byers Sally L & Pruitt Vivian Denise Mail Address: 3215 11th StN Grantor: Asheraft Elizabeth Jane Mail City: Saint Petersburg Mail Zip: 33704-1801 Mtgee: BiAmer N A > Mtg Type: Cov F Taxes: 2638. Land Value: 70540 Price: Date: 08> Tot Bldg: 1686 Bld: 1 Improved Val: 51800 . Mtg$: Yr#l: Tot Htd: 1050 Sto#1: 1.0 Extra Fea Val: Sales History 1: 98/04 $ 50000 D UL+ 10072/2497 Bed #1: _ Zoning: Assessed: 108800 Sales History 2: 96/10 $ 46000 A QI+ 9491/1974 Bth#1: 3.0 Land Size: 50.00 LnUn: FF: Mtg History - 1: 10072/2497 $ 43350 Cnv F 10072/2499 1st Indiana Bk Plat BW/Pg: PB 006/0 Mtg History-2: 9491/1974 $ 25000° GAY EISHD TAPAS ME Use: 01210 Legal Description 1: | Enclid Park Lot 69 ©XHIBIT EXHIBIT S ABE E Cooling (Central) Print Page 8 of 8 . St Petersburg 33704 List Pri $294,900 # 7131739 . Low Price: LP/Sq Ft:$196.08 Status: Sold Area: 311 Grid: n26 Sales Price: $294,900 SP/Sq Ft:$196.08 #4 Total Units: Floors In Unit: DOM: 160 Lot Size: 50 x 127 Days to Close: 203 Tot Bed: 3 Bath F/H:2 /0 PUD: No ‘Sq. Ft. Htd: 1,504 Days to Sale: GariCar: 1 Car Carport, 1 Car Garage Garage Features: Photos: 1 Mon. Maint Fee: SO HOA Fee: $0 HOA Schedule: Subdiv: Barnards DE : Neighborhood/Compiex: Property Style: SINGL Year Bit: 1950 Tax Year: 2004 Taxes: $4,462 Property Desc: One Story, Two Story g tsaq Rules: Not Applicable Community Features: None-N/A . Appliances: Range, Refrigerator - | Interior Features: e aa Exterlor Features: Porch/Patio/Deck Open, Rental Apartment Pool YIN:No Pool (Owned) - Features: No Pool Water Y/N: Waterfront: None Homestead:No Waterfront Extras: Waterfront Type: Safes Date: 01/31/2006 Directions: 4th Street North to east on 24th Ave to address ‘ REALTOR Aids: Vacant Pre-Foreclosure / Short Sale: Showing Instructions: Call Tenant, Lock Box - Electronic List Office Name: Wave Realty of Tampa Bay, Inc . List Office Phone: 727-328-1300 List Agt Name: Sarah Murphy List Agent Phone: 727-341-2636 REALTOR HOUSE is VACANT/LOCKBOX Please excuse the band rehersall Apartment is tenant occupied. Great long term tenant In rental apartment, please Remarks: give 24 hour notice call to him (Dan) before showing the apartment: (727) 374-7980 both keys in lockbox. Some tile work being completed now. Public © HOME +iINCOME Desirable Northeast St. Petersburg: Charming 2/1 with spacious 1/1 rental apartment over attached garage. This Comfortable Remarks: home near Coffee Pot Bayou features beautiful hardwood floors, new central A/C, new windows, carport. NO flood insurance required. There may be potential to combine the units into a single larger homel Raof 6 years old. Million dollar home across the street. Very convenient to downtown St, Petersburg and easy access to |-275, Tampa, 194 28th Ave N St Petersburg 33704 List Price: $294,900 MLS #;, 7158121 Low Price: LP/Sq Ft:$240.93 Status: Sold Area: 311 Grid: N26 Sales Price: $290,000 SP/Sq Ft:$236.93 Total Units: Floors in Unit: . DOM:3 Lot Size: 50x127 Days to Close: 24 Bath F/H:1 /0 PUD: No ‘Sq. Ft. Htd: 1,224 Days to Sale: Mon. Maint Fee: SO . HOA Fee: $0 HOA Schedule: Subdiv: Barnards DE Neighborhoed/Complex: Property Style: SINGL Year Bit: 1949 Tax Year: 2004 Taxes: $2,989 Property Desc: One Story Rules: Not Applicable Community Features: Nore-N/A Appilances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer Interior Features: Attic, Blinds/Shades, Ceiling Fan(s)~ Exterlor Features: Fenced, Parking-RV/Boat, Po io/Deck Open * Pool YIN:No —- Pool (Owned) - Features: No Pool . Water YIN: Waterfront: None . Homestead:Yes Waterfront Extras: . Waterfront Type: . Sales Date: 12/29/2005 Directions: 4th St. N. -> East on 28th Ave, North to address. REALTOR Alds: Owner Occupied . ‘ Pre-Foreclosure / Short Sale: Showing Instructions: . Lock Box - Electronic List Office Name: century 21 mils first inc List Office Phone: 727-577-5100 x176 List Agt Name: Sandy Day ° List Agent Phone: 727-522-4122 REALTOR Very motivated Seller. Call first and leave message, then LB. Please only show to approved Buyers just looking for the right home. Being sold ‘As Is' Remarks: wiright to inspect for Sellers convienience, . Public —_ Location, Location, Location! This wonderful home is only steps away from the bay, restaurants, shops and a public boat ramp. This 1940's home is Remarks: full of charm and character. Hosting large rooms with lots of wall space. Note the room sizes. Open, bright and airy. Solid oak hardwood flooring, cove ceiling and arched doorways are so Inviting! Contemporary kitchen has ceramic tile flooring, pantry and lots of cabinets. Dining area has sliding glass doors that opens to wood de ADMINISTRATIVE. COMPLAINT eXHIBIT_S_ EXHIBIT #__3 . PAGE 5. PAGE Ile oF 25 Page 6 of 8 Print (2026 14th StN . ‘St Petersburg 33704 MLS #: 7178076 LP/Sq Ft:$205.57 Status: Sold Area: 321 Grid: M27_—s Sales Price: $290,000 SP/Sq Ft:$192.31 Total Units: Floors In Unit: DOM:60 Lot Size: 49x96 Days to Close: 60 Tot Bed: 3 Bath F/H:2/0 PUD: No ‘Sq. Ft. Htd: 1,508 Days to Sale: GariCar: 1 Car Garage WashetfDryer Hoole Garage Features: Door Opener, Dryer Ip Photos: 4 Mon. Maint Fee:.. SO HOA Fee: $0 HOA Schedule: Subdiv: Euclid Grove . Neighborhood/Complex: Proparty Style: SINGL Year Bit: 1948 Tax Year: 2005 Taxes: $2,455 Property Desc: One Story Rules: Not Applicable Community Features: None-N/A Appliances: Dishwasher, Hot Water Electric, Range Interior Features: Ceiling Fan(s) Exterior Features: Irrigation System, Trees/_andscaped Pool YIN:No = Poot (Owned) - Features: No Pool Water Y/N: No Waterfront: None HomesteadNo Waterfront Extras: : Waterfront Type: Sales Date: 05/01/2006 Directions: 16th St N to 20th Ave N, go east to 14th St N, go north on 14th St to address. REALTOR Aids: Go to Site, Vacant Pre-Foreclosure / Short Sale: Showing Instructions: — Lock Box - Electronic . List Office Name: Reaity Executives List Office Phone: 727-823-8000 List Agt Name: Greg Burton List Agent Phone: 727-510-2591 REALTOR Show and sell, great value, vacant lock box, note commission to selling agent. Remarks: - Public Tip Top Shape- Move In Ready; This 3 bedroom 2 bath home has been charmingly refurbished, and is a rare example of how style and practicality Remarks: can coexist. The cove ceilings and hardwood floors, renovated kitchen, mature landscaping and private bath off master bedroom are just some of the features, Home is more spacious than the sq. footage would suggest; breakfast room is not included in tax records, Viewing is highly recommended. 1146 17th Ave N St Petersburg 33704 List Price: $299,900 MLS # 7137762 Low Price: LP/Sq Ft:$230.69 Status: Sald Area: 321 Grid: M27 — Sales Price: $299,900 SP/Sq Ft:$230.69 Total Units: Floors in Unit: DOM: 89 Lot Size: 48X127 Days to Close: 122 Tot Bed: 2 Bath F/H:2/0 | ° PUD: No ‘Sq. Ft. Htd: 1,300 Days to Sale: g) Gar/Car: 1 Car Garage Photos: 1 . Mon. Maint Fee: SO HOA Fee: $0 HOA Schedule: Subdiv; EUCLID/ST PAUL Nelghborhood/Gomplex: Property Style: SINGL Year Bit: 1930 . Tax Year: 2004 Taxes: $850 3 One Story Rules: Not Applicable Community Features: None-N/A . Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer Interior Features; Attic, Biinds/Shades, Ceiling Fan(s), Fireplace, Inside Utility Exterlor Features: Fenced, Porch/Patio/Neck Open Pool Y/N:Yes Pool (Owned) - Features; In Ground Waterfront: None Homestead:Yes Sales Date: 12/19/2005 Directions: MLK STREET N TO (VW) ON 17TH AVE N REALTOR Alds: Home Warranty, Owner Occupied Pre-Foreclosure / Short Sale: Showing Instructions: Call Listing Agent, Lock Box - Electronic List Office Name: Reaity Executives List Office Phone: 727-823-8000 x113 List Agt Name: Jane A. Forbes. on List Agent Phone: 727-823-8000 REALTOR OPEN HOUSE SUNDAY 10/23/05 FROM 1:00-4:00 Remarks: Public SPACIOUS & OPEN...THIS ADORABLE BUNGALOW IN EUCLID/ST. PAUL HAS ALL THE AMENITIES! SURROUNDED BY SHADY OAKS, THE Remarks: CORNER LOT HAS A PRIVACY FENCE WITH AN IN-GROUND SWIMMING POOL AND LOVELY BACKYARD. AN UPDATED KITCHEN (GAS RANGE & ALL THE APPLIANCES) HAS A PASS-THRU BAR TO AN OPEN DINING/LIVING ROOM WITH HARDWOOD FLOORS AND FIREPLACE. NEW ROOF, NEW CENTRAL HEAT & A/C, UPDATED ELECTRICAL, INSIDE UTILITY WITH WASHER & DRYER. LOTS / CHARM & CHARACTER : : ; coe ns aa ap aDMINISTRATIVE COMPLAINT EXHIBIT S EXHIBIT # PAGE _ 26 pace _ 1 or a5 Print Page 7 of 8 217 34th Ave N St Petersburg 33704 List Prices $299,900 MLS # 7139385 Low Price: LP/Sq Ft:$192.24 Status: Soid Area: 311 Grid: N26 Sales Price: $292,500 ‘SP/Sq Ft:$187.50 ea Total Units: Floors In Unit: DOM: 75 Lot Size: 72x120 Days to Close: 104 Tot Bed: 3 Bath F/H:2/0 PUD: No Sq. Ft. Htd: 1,560 Days to Sale: gucar 1 Car Garage Garage Features: ; Photos: 41 Mon. Maint Fea: SO HOA Fee: $0 Hoa Schedule: Subdiv: Coffee Pot Bayou Add Neighborhood/Compiex: Property Style: SING Year Bit: 1979 Tax Year: 2004 Taxes: $1,638 | Property Desc: One Story Rules: Not Applicable Community Features: None-N/A Appliances: Dishwasher, Range, Refrigerator Interlor Features: Blinds/Shades, Ceiling Fan(s) Exterior Features: Fenced, Parking-RV/Boat Pool YIN:No = Pool (Owned) - Features: No Pool Water YIN: Waterfront: None Homestead:Yes Waterfront Extras: Waterfront Type: Sales Date: 12/13/2005 Directions: 4TH ST NTO 34TH AVE EAST TO ADDRESS REALTOR Aids: Owner Occupied Pre-Foreclosure / Short Sale: Showing Instructions: Appointment Only, Calt Listing Agent, Lock Box-- Electronic List Office Name: RE/MAX Metro List Office Phone: 727-896-1800 x139 List Agt Name: Gina M. Przyborowski Ust Agent Phone: 727-894-3900 REALTOR Please call LA to show. Owner occupied. Home has alley access and 1 Car Garage off Alley. marks: Public — SIMPLY CHARMING 3BR 2BA 1 CAR GAR HOME WITHIN WALKING DISTANCE TO PARKS, SHOPPING, AND NEAR COFFEE POT BAYOUIIIII Remarks: GREAT ROOM LAYOUT WITH FAMILY ROOM/EAT-IN KITCHEN COMBO, LIGHT AND BRIGHT KITCHEN, FORMAL DINING ROOM, FORMAL LIVING ROOM, ALLEY ACCESS, NICE SIZE LOT WITH ROOM FOR POOL AND MUCH MORE....BEAUTIFUL HARDWOOD FLOORS THROUGHOUT LIVING ROOM, DINING ROOM AND FAMILY ROOM, FAMILY ROOM WITH BEAUTIFUL BUILT-IN ENTERTAINMENT CENTER. THIS PROPERTY IS MOVE-IN READYIII...(1 (2025 6th St N St Petersburg 33704 List Price: $299,000 MLS #: 7124379 . Low Price: LP/Sq Ft:$226.00 Status: Sold Area: 321 Grid: N27 Sales Price: $299,000 ‘SP/Sq Ft:$226.00 No Photo Available Total Units: Ftoors in Unit: * DOM:0 Lot Size: 50x120 Days to Close: 0 Tot Bed: 3 Bath F/H:1 /0 PUD: No ‘Sq. Ft. Htd: 1,323 Days to Sate: GariCar: 2 Car Garage Garage Features: Photos: 0 Mon. Maint Fee: SO HOA Fee: $0 HOA Schedule: Subdlv: Crescent Lake Rev Nelghborhood/Compiex: Property Style: SINGL Year Bit: 1940 Tax Year: 2004 Taxes: $1,244 Property Desc: One Story Rules: Not Applicable Community Features: None-N/A Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer Interior Features: Attic, Blinds/Shades, Ceiling Fan(s), Fireplace Exterior Features: Fenced, Porch/Patio/Deck Open Pool YIN:No — Pool (Owned) = Features: No Pool Water Y/N: Waterfront: Water View Homestead:Yes Waterfront Extras: Waterfront Type: Lake Sales Date: 05/31/2005 Directions: 22 AVE NTOS ST NTO PROPERTY REALTOR Aids: Owner Occupied, Pet on Premises Pre-Foreclosure / Short Sale: Showing Instructions: Appointment Only, List Agt Must Accompany . List Office Name: Non-MLS Participant List Office Phone: List Agt Name: Non-MLS Agent . List Agent Phone: Hoveonhaay Appt. only - cail LA/Irena/430-5800. Realtor Is owner, 24-hr notice required - small baby. Public — What a view! Step out your front door an enjoy wide open views of Crescent Lake & Crescent Lake Park! LOCATION! LOCATION! LOCATIONI Remarks: Charm & Character fill this 1940's brick charmer! Wide lot w/ large side yard & back patio. Completely upgraded & updated over past several years to include: new doors w/brushed nickel hardware, new paint in & out, refinished gleaming hardwood, new light fixtures & ceiling fans, new honey Kitchen cabinets w/coordinating brushed nickel hardware vmstat EXHIBIT S et SDMINISTRATIVE COMPLAINT PAGE 7 EXHIBIT # pace 18 oF 25 ° 128 33rd Ave N ____ StPatersburg 33704 List Price: $324,000 7141270 Low Price: LP/Sq Ft:$270.00 Statue: Sold Area: 311 Grid: N26 Sales Price: $294,000 SP/Sq Ft:$245.00 Total Units: Floors In Unit: DOM: 137 Lot Size: 60X127 Days to Close; 166 Tot Bed: 2 Bath F/H:1 /1 PUD: No ‘Sq. Ft. Htd: 1,200 Days to Sale: Garcon: Car Garage G ‘eatures: Photos: 1 Mon. Maint Fee; SO HOA Fee: $0 HOA Schedule: Subdiv: Coffee Pot Add . Neighborhood/Complex: Property Style: SINGL Year Bit: 1950 Tax Year: 2004 ‘Taxes: $3,271 sy Property Desc: Orie Story Rules: Not Applicable Community Features: Water Access Appllances: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer Interior Features: Ceiling Fan(s) Exterior Features: Fenced, Parking-RV/Boat, Porch/Patio/Deck Open Poo! Y/N:No Pool (Owned) - Features: No Pool Water Y/N: Waterfront: None Homestead:Yes Waterfront Extras; Waterfront Type: Sales Date: 02/22/2006 Directions: ‘st Street North to 33rd Avenue North (west to address) REALTOR Aids: Home Warranty, Pet on Premises Pre-Foreclosure / Short Sale: Showing Instructions: Call Owner . List Office Name: HomesinDeed Real Estate List Office Phone: 888-696-3383 List Agt Name: Richard Goldstein List Agent Phone: 941-870-2606 Roncree CALL OWNER TO SHOW: 727-515-5747 - OFFERS DIRECTLY TO OWNER AND TO LISTING OFFICE FAX 561-423-9258. Remarks: . Public — GREAT LOCATION! Just 2 blocks to the historic OLD NE and beautiful Coffee Pot Waterfront is this fully remodeled 2/1 single family home. Home Remarks: features a large oversized brick patio with plenty of room for pool or boat/RV. Community boat ramp. Large tree shaded lot. Interior features included hardwood oak floors and unique mediterranean tile. Open floor plan. Property being soid as-is w/ right to inspect. 1-yr home warranty included. Move-in canditlon, New roof - many extras. 3020 11th StN St Petersburg 33704 List Pricegi $312,900 MLS # 7127135 Low Price: LP/Sq Ft:$213.00 #q Status: Sold Area: 322 Grid: M26 —s Sales Price: $299,000 SP/Sq Ft:$203.54 Total Units:2 Floors In Unit: DOM: 27 Lot Size: 50 X120 Days to Close: 56 Tot Bad: 2 Bath F/H:1/0 PUD: No ‘Sq. Ft. Htd: 1,469 Days to Sale: GariCar: 2 Car Garage Garage Features: Photos: 1 Mon. Maint Fee: SO HOA Fee: $0 HOA Schedule: Subdiv: Hyde Park Neighborhood/Complex: 3 Property Style: SINGL Year Bit: 1957 Tax Year: 2004 Taxes: $1,570 Property Desc: One Story Rules: Not Applicabie Community Features: None-N/A Appliances: Range, Refrigerator, Washer Interior Features: Ceiling Fan(s) Exterior Features: Porch/Patio/Deck Open, Rental Apartment, Screened/Covered Encl, Pool YIN:No — Pool (Owned) - Features: No Pool . Water YIN: Waterfront: None Homestead:Yes Waterfront Extras: Waterfront Type: . Sales Date: 08/10/2005 Directions: 30th Ave to 11th St. to Property REALTOR Alds: Owner Occupied Pre-Foreclosure / Short Sale: Showing Instructions: Appointment Only, Cail Listing Agent : List Office Name: Prudential Tropical Realty List Office Phone: 727-799-2227 x153 List Agt Name: Alan S. Plager List Agent Phone: 888-722-2098 REALTOR Very motivated seller wants to see some offers. Very easy to show. Call Listing Agent. Owner lives in front and rear apartment is vacant. Public HONEY STOP THE CAR - WE NEED TO CALL ON THIS ONE TODAY FOR TOMORROW IT'S GONE. THIS ONE HAS A NICE OPEN FLOOR Remarks: PLAN. IT'S IN MOVE IN CONDITION. WE'LL EVEN HAVE BEAUTIFUL SHINY REAL WOOD FLOORS, FOR OUR CAR THERE'S A SEPARATE OVERSIZE 2 CAR DETACHED GARAGE. ABOVE THE GARAGE THERE'S A 4/t APARTMENT WE CAN RENT TO HELP WITH THE MORTGAGE, LET'S CALL TODAY. ° ADMINISTRATIVE COMPLAINT f EXHIBIT # EXHIBIT. é. PAGE I% of 95 PAGE ee : . Page 5 of 8 Print Page 4 of 8 206 29th Ave N St Petersburg 33704 List Price?! $33 MLS # 7119188 . Low Price: LP/Sq Ft:$215.92 ‘Status: Sold Area: 311 Grid: N26 Sales Price: $318,000 ‘SP/Sq Ft:$207.44 Total Units: Floors in Unit: DOM: 51 Lot Size: 50x127 Days to Close: 51 Tot Bed: 2 Bath F/H:2/0 PUD: No Sq. Ft. Htd: 1,533 Days to Sale: GariCar: 1 Car Carport : Garage Features: Photos: 1 Mon. Maint Fee: SO HOA Fea: $0 HOA Schedule: Subdiv: Barnards DE Neighborhood/Gompiex: Propesty Style: SINGL . Year Bit: 1946 Tax Year: 2004 Taxes: $3,983 Property Desc: One Story Rules: Not Applicable Community Features: None-N/A. Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer Interior Features: Attic, Blinds/Shades, Ceiling Fan(s), Fireplace, Walk-In Closet Exterior Features: Fenced, Parking-RV/Boat, Porch/Patio/Deck Open, Screened/Covered Enel., Utility Shed Pool Y/N:No Pool (Owned) - Features: No Poo! Water YIN: Waterfront: None Homestead:Yes Waterfront Extras: Waterfront Type: Sales Date: 06/16/2005 Directions: FROM 4TH ST N GO E ON 29TH AVE N . REALTOR Aids: Owner Occupied, Pet on Premises Pre-Foreclosure / Short Sale: ‘Showing Instructions: Call Owner . . List Office Name: Jack Keller Inc List Office Pho: 727-586-1497 List Agt Name: John E, Keller List Agent Phone: (727-586-1497 REALTOR CALL OWNER TO SHOW @ 727-821-3028 -OR- 727-560-6289 marks: Public UNDER CONTRACT--SELLER REQUESTS BACK-UPS. SELLER SAYS '2 BLKS TO COFFEEPOT WATERFRONT, STONE FRONT, LUSH Remarks: TROPICAL LANDSCAPING, FENCED YARD W/ ROOM TO ADD SF/GAR/POOL. HARDIE EXT, COVERED DECK/CARPORT, NEW ROCF, A/C, ELECTRIC, KITCHEN (QUARTZ, NEW SS APPLIANCES, NEW CABS) FP, BAMBOO FLOOR, WD* etersburg 33704 List Price: $329,900 MLS #: 7145826 Low Price: LP/Sq Ft:$197.78 Status: Sold. Area: 321 Grid: N27 Sales Price: $325,000 SP/Sq Ft:$194,84 Total Units: Floors in Unit: DOM:3 Lot Size: 50x132 Days to Close: 3 Tot Bed: 2 : Bath F/H#:2/0 | PUD: No ‘Sq. Ft. Htd: 1,668 Days to Sale: Gar/Car: 1 Car Garage Garage Features: Photos: 1 Mon. Maint Fee: SO HOA Fee: $0 HOA Schedule: Subdlv: Brownleigh Court Neighborhood/Complex: f Property Style: SINGL Year Bit: 1951 Tax Year: 2004 Taxes: $4,545 Property Desc: One Story 1 Rules:!Assoc. Approval Not Required ot 848 17th Ave N Community Features: None-N/A Appilances: Interior Features: Exterior Features; Pool Y/N:No Pool (Owned) - Features: No Pool . Water YIN: Waterfront: None Homestead:No Waterfront Extras: . Waterfront Type: Sales Date: 10/03/2005 Directions: 22nd Ave N/Crescent Lake Drive (7 St N) South to 17th Ave NiWest to address, REALTOR Alds: Owner Cccupied Pre-Foreclosure / Short Sale: Showing Instructions: Lock Box - Electronic List Office Name: Florida Lifestyles Realty wt List Office Phone: 727-525-5600 List Agt Name: W.R. Elkins CRS, GRI . List Agent Phone: 727-525-5600 REALTOR inputted for statistical purposes only, : Remarks: Public —_For statistical purposes only, Remarks: ADMINISTRATIVE COMPLAINT EXHIBITS - EXHIBIT ¢ 3 PAGE _ 7) pace _ ZO of OS Print . : Page 3 of 8 2324 7th St N St Petersburg 33704 List Priced $339,9 MLS #: 7150716 Low Price: LPigq Ptszeas Status: Sold Area: 322 Grid: N26 Sales Prica: $342,000 SPISq FtS23¢ ‘otal Units: Floors In Unit: DOM: 36 Lot Size: 54x130 Days to Closé Tot Bed: 2 Bath F/H:2/0 PUD: No Sq. Ft. Htd: 1,431 Days to GariGar: None Garage Features: . notes: 1 Mon. Maint Fee: SO HOA Fee: $0 HOA Schedule: ‘Subdiv: Spring Hill Rev . Neighborhood/Complex: Property Style: SINGL : Year Bit: 1926 Tax Year: 2005 Taxes: $1,663 Property Desc: One Story ~ | Rules: Not Applicable 4 Community Features: None-N/A Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer Interlor Features: Attic, Blinds/Shades, Ceiling Fan(s), Fireplace, Inside Utility Exterior Features: Fenced, Porch/Patio/Deck Open . Pool Y/N:No Pool (Owned) - Features: No Pool Water YIN: Waterfront: None Homestead:Yes Waterfront Extras: . . Waterfront Type: . Sales Date: 12/30/2005 Directions: 22ND AVN TO 7TH ST, NORTH TO ADDRESS REALTOR Alds: Vacant Pre-Foreclosure / Short Sale: Showing Instructions: Lock Box - Electronic . - List Office Name: RE/MAX Metro Ust Office Phone: 727-896-1800 List Agt Name: John Fullerton List Agent Phone: 727 4895-5698 REALTOR Special contract rider needs to be attached to any contract + property Is being sold ‘As-Is' w/right to inSpect, Rider in dining nm. Remarks: Public This beautiful brick home has been meticulously restored and updated. Built in 1926. Gleaming pine wobd floors, gorgeous brick fireplace, hewer Remarks: kitchen (opens up to family room), higher ceilings, sun room, 15x24 wood deck, inside laundry room, guest hou#e in back has the sdcond full bath. Lush Florida landscaping. Shows wonderfully! 196 20th Ave N StPetersburg 33704 MLS #: 7137439 Low rice: LP/Sq Ft:$235.42 @ Status: Sold Area: 311 Grid: 027 = Sale Price: $339,000 ‘SP/Sq Ft:$235,42 Total Units: Floors In Unit: DOM: 23 Lot Size: 54 X 104 Days to Close; 53 Tot Bed: 2 Bath F/H:2/0 ~ PUD: No Sq. Ft. Htd: 1,440 Days to Sale: Mon. Maint Fee: SO HOA F 3 $0 HOA Schedule: jubdiv: North Bay Heights Nelghborhood/Compiex: 3 Property Style: SINGL . Year Bit: 1950 Tax Year: 2004 ‘faxes: $2,350 Property Desc: One Story : 3 Rules: Not Applicable Community Features: None-N/A Mate Appliances: Dishwasher, Dryer, Gas Appliances, Micrawave, Range, Refrigerator Interior Features: Attic, Blinds/Shades, Ceiling Fan(s), Inside Utility Exterior Features: Porch/Patic/Deck Open, Utility Shed Pool YIN:No Pool (Owned) - Features: No Pool cee Water Y/N: Waterfront: None Homestead No Waterfront Extras: “ Waterfront Type: * Sales Date: 10/12/2005 Directions: Fourth Stféétto 20th Ave. North. East to address. Property Is located on the comer of 20th Ave. North arid 2nd Street. Parking on Street. Alley access could provide rear parking if desired. Presently fenced. Home warranty and termite warranty REALTOR Alds: Home Warranty Pre-Foreclosure / Short Sale: Showing Instructions: Call Listing Agent, Lock Box-Special Access List Office Name: Re/Max All Star List Office Phone: 727-391-9599 List Agt Name: Linda M. Coppola List Agent Phone: 727-599-7049 REALTOR Cail for location of lackbox. Easy to show with call first agents cell. Key to front door. AS IS WITH RIGHT TO INSPECT. AS IS FOR FAST SALE Remarks: AND FOR CONVENIENCE OF SELLER. af Public Wow! Renovated Inside. 2006 Gourmet kitchen with granite counter tops, new appliances and beautiful cabinets set off this lovely older home. Remarks: Gleaming hard wood floors In the iiving room and ceramic tile throughout. Formal dining room looking out over newly landscaped with Sriek puver courtyard, Spacious Master bedroom suite has his and hers California closets and sitting area. Large second bedrogin has saceli tub. quaint home in a great location has privacy but loa ‘ XHIBIT_S AwWvilvio LRALIVE COMPLAINL * 100 EXxHipit #___ 3 PAGE Pace. 2 oF ao sla oe practhes — Lo loc ah blders— Contractor. BE ————} wisteato_ conta ————__EXEIBIT ef oe EXHIBIT i—~— “ sn bo PAGE AQ rc ADMINISTRATIVE COMPLAINT EXHIBITS” EXHIBIT # 3 _S PAGE [0 PAGE_A3 oF _Qd af YS ne Be A ie By ay pees SS) a eaten Persona So! : oe : "GRABTEIRUNN NNER auunicourcreacaaieernse seman Florida Department: Office of the General Counse! > 7 Sarah Wachi A Ch Busines ) 1940 North Monroe Street, Suite 33 Professiofial Tallahassee, FL 32399-2203 Regulation Phone: 850.921.0342 » Fax: 850.488.5761 Charles W. Drago, Secretary Charlie Crist, Governor CERTIFICATION 1, Sarah L. Wachman, Agency Clerk and Custodian of Records, HEREBY certify the following to be true and correct as on file with the Florida Department of Business and Professional Regulation. Attached is a true and correct copy of the Final Order filed in case number 2003084535 page numbers 1-22, as maintained by the Department of Business and Professional Regulation. The attached is a regularly received and retained record of the Department of Business and Professional Regulation, Division of Real Estate vs. Deborah M. Hall, and is received and retained in the ordinary course of business of the Florida Department of Business and Professional Regulation. As the Agency Clerk and Custodian of Records, | am the keeper of the seal and certify that the seal affixed to this document is the true seal for the Florida Department of Business and Seuah %. Ubshmon Sarah L. Wachman Agency Clerk Professional Regulation. Certified this 5" day of October 2009. ADMINISTRATIVE COMPLAINT =XHIBIT # PAGE | oF 204 xO LICENSE EFFICIENTLY. REGULATE FAIRLY. EXHIBIT_1to WWW.MYFLORIDALICENSE.COM PAGE 158 * : STATE OF FLORIDA _ DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION FLORIDA REAL ESTATE APPRAISAL BOARD f DEPARTMENT OF BUSINESS AND Final Order No. BPR:2007-05061 Date: 6-27- 0 7 PRON OF REAL EST a Department of Business and Professional Regulation , AGENCY CLERK Sarah Wachman, Agency, Terk Petitioner, By: 2 vs. CASE NO. 2003084535 DEBORAH M. HALL, Respondent. / FINAL ORDER On June 5, 2007, pursuant to Sections 120.569 and 120.57(4), Florida Statutes, the Florida Real Estate Appraisal Board heard this case upon a Stipulation. After considering this Stipulation and being fully advised in the premises, the Board ORDERS the adoption of the agreement. A copy of this Stipulation is attached hereto as Exhibit A and made a part hereof. : DONE AND ORDERED this ‘A dayof_asag ___, 2007, in Orlando, Florida. Division of Real Estate ADMINISTRATIVE COMPLAINT a EXHIBIT a EXHIBIT. PAGE OF eee PAGE 31 _ a i a CERTIFICATE OF SERVICE I HEREBY CERTIFY that a true copy of the foregoing was sent by U.S. Certified Mail to: Steve W. Johnson, Esquire, Bank of America Building, 390 North Orange Avenue, 23" Floor, Orlando, Florida 32801; and a copy provided to D. C. Lindamood, Senior Attorney, Department of Business and Professional Regulation, Suite 802N, 400 West Robinson Street, Orlando, Florida 32801, this 27" say of Dune 2007. MINISTRATIVE. COMPLAINT - AUNINISTRAT en EXHIBIT_lo_ EXHIBIT ##_ ce PAGE 152 PAGE OF ne 2 B1-@8-EB85 BI:BT° . . | PAGES Wd oo ARTS aan . : STATE OF FLORIDA - DEP, OF BUSINESS AND PROFESSIONAL REGULATION ‘ i FLORIDA REAL ESTATE APPRAISAL BOARD ; ; ‘ DEPARTMENT DF BUSINESS AND PR (AL REGULATION, ‘ DIVISION OF REAL ESTATE, | petitioner, _ DBFR Case No, 2003084535 . SXIFULATION Petitioner} FLORIDA DEPARTMENT OF BUSINESS AND PROFESSIONAL. REGULATION, DIVISION OF REAL ESTATE (DBPR), and Respondent, DEBORAH M. HALL, hereby stipulate abd agree thet the Florida Real Estate Appraise! Board (FREAB) ismue a Fine] Order adopting and inicdrporsting the provisions ofthis Stipulation aé fine] agency ection in this cause. 4 i STIPULATED FACTS AND CONCLUSIONS OF LAW i. Rdepondentia currently a state certified residential real eatate appraiser, having beca " gamod license RD 4615 im accordance with Chapter 475, Florida Statutes. Respondent was previously, at all tines material herein, a licensed State Ragiatered Trainee Real Estate Appraisorin tae Stare of Florida, having bean licenredin accordance with Chaptcr 475, Flarids States ‘The last . Siocase the Stab ibeved Respondent was as stato coriied residential ral estas appriner at 10321 Huckleberry Drive, Pon Richey, Florida 34668. 2. Respondent admits being subject to the provisions of Chapter 455 and 475, Florida Statutes, the ruled'pronaulgated thereto sad, therefire, to the jurisdiction of DBPR and the FREAB. ~ : . sens tun Aezss1er Ae MV4 01771 FOaZsEL SEO - EXHIBIT_lo_ PAGE _153. ADMINISTRATIVE COMPLAINT EXHIBIT # A PAGE OF w Q1-B8-2003 Bs:e7 rene TUPR w. Deborah M Hall DBPR Cam No. 2003084595 TION . STIFULATION, 3. Respondent admits that DBPR served. Respondsot with the Administrative Complaint, whichicherges Respondant with violation(s) of certain provisions of Chapters 455 and/or 475, Florida Statutes, und forthe rules promulgated thereto. A copy of the Administrative Conspliaint is attached boretoland incorporsted herein. 4: Respondent neither sdcnits nor denies the factual allegations contained in Count J of the Administrative Complaint, but consents 10 the FREAB’s jurisdiction to impose penaltics es to Count T and that such allegations constitute = violation of the count. Ss. Respondent shall not in te future violate Chapters 45 or 475, Florida Statutes, or the rules promulgated thereto. 6. This Stipulation shell become effective immediately spon Bling of the Final Order (hereinafter refarred to as the “Effective Date”). All dates refermced herein shall commence to rust om the Effective Bate, unless otherwise stated herein, , STIPULATED DISPOSITION 7. ‘Petitioner shall dismiss Counts 1! and Ml of the Administrative Complaint 8. Respondent shall pay administrative costs of 5550.00. Respamdant shall pay the costs ___ by chock payable'to the Florida Department of Buriness and Professional Regulation, Division of Real Bstate, within one (1) year from the Effective Date herein. - 9 Respondent chal be on probetion fora period of one (1) yes! from the Esiociive Date _ herein, during wiiich time Respondent shall provide proof of satisfactory completion of s @)-hour course in busines practice and ethics, The education contained hercin is in addition to education required for maifitenance af eppraizal licensure. Should Respondent complete the educational ° 2 - avnay aun ORZIPLELO® XVS CLIZE LOOZ/ELZED ADMINISTRATIVE COMPLAINT, " EXHIBIT # a EXHIBIT_[0_ PAGE ___§ OF _ PAGE _isy_. 81-08-2003 es:ar ‘ PRGES paranoia . DEPR Case Na; 2003084535 requirement before the conciusion of he ons (1) year probation term aad provide satisfactory proaf ‘ hareof, probation shall terminate. . _ , 10. Noucompliance with the terms of this Stipulation shall result in the suspension of Respondent's Hiownaes, rogistrations, vertificates, and permite until Respondent submits satisfactory proof of compitince to DBPR. The suspension period shall not exceed ten (10) years. ° Reinstatement dillbe effective se of tae date DBPR receives ssid satisfactory proof of vompliance, accompanied by the proper rciustatement fara. 11. The FREAB News and Report shall publish a Summary of Action of Final Order, as follows: , : , Port Richsy: DeborshM. Hall. License No. RD 4615. WVielation: violated a stasdard for the development or communication of an appraisal report, or other provision of USPAF, and therefore Section 475.624(14}, Florida Statutes. Penslty: $550 administrative costs, 1 year probation, attend onc (3)- hour business practice end cthics course, 12. Tike parties understand thet this Stipulation ts subject to the approval of DBPR and of ths FREAB, and thet in the event of ite disnpproval, if sual! have no farther foree and effect. : 1B. Respondent hax executed this Stipuletion to avoid further administrative action with : respect to this. cause. Respontent authorizes the FREAB to review and examine sl DBPR : investigative meterials pris to or ia eonjunction with its congidcration of this Stipulation. Further, in the event the FREAB disepproves this Stipulation, Respondent agrees that examination of muy docaments o¢ revords related thereto shail not be deemed to have unfairly prejudiced DBPR, tho. ann aan narsticinn, WW¥4 alizl FNOZZEL SEO "ADMINISTRATIVE COMPLAINT a EXHIBIT # A EXHIBIT_| 0 PAGE lo oF PAGE {SS 21-08-2283 ag:a7 . PAGES DBER v. Deporte. Hae , : DPR Case No. 2003084595 FREAB or any éf ts members, wor shall euch action dinqualify any of thom fem farther participation in thc resolution of this cause. . t 14. Respondent sgrees that Petitioner may conduct furthor investigation at any time subsequent to the FREAB” # socoptance of thie Stipulation, including, tburnot limited to, audits af the Respondent's Sled. Respondent further agrees that Petitiouer shall have any snd al] rights and "authority the law provides Wo insure Respondent's compliance with Chaptars 455 and 475, Florida . Statutes, pad the rilles promulgated thereto. Respondent further agrees that DBPR and the FREAB may consider this'Stipulation in connection with any future disciplinary proceeding, 15. Thic parties undecstend that this Stipalstion and afiy final order edopting and incorporating its terms shall not preclude or deter DBPR or the FREAB fiom other disciplinary proceedings against Respondent for acts or omissions unrelated to those set forth, in: the Administrative Complaint berein, 16. Respondent hereby waives all notice requirements and right to seek: judiciel review or to otherwire challenge or contest the validity or enforcement of thc tenns of this Stipulation and/or of any resulting final onder of the FREAB adopting and incorporating same. : - vA All parties benuto sisal otherwise bear aay eexd all nftomney's feen and costs they may ‘have incurred in connection with this cause, is, Stinld Rerjomiont withdnaw from or in any way or manner cancel, ena, ster, * xepudiate, or reveke the terms of this Stipulation prior to presentation or consideration by the | FREAB, Respondent agreea to waive any rights to aeck anorncy's fees and costs Respondent may have incurred as the result of the disciplinary proceeding up to aad including the date of withdrawal 4 auanss sun AQ7IFIRFOwW VE OLS ZL LO0Z/EL/E0 e aon TNE COMPLAINT. . 7 EXHIBIT_10_ PAGE !56 PAGE 1 OF 21-88-2023 as:a6 DEPA v. Debarth M: isl DPR Cars No. 2009084535 STIPULATION, ‘ . from the settlement Stipulerion or attesmpt to alter, change, annul, repudiate, or revoke the tems of . this Stipulstion, . t 19. ‘The FREAB has not taken prior disciplinary action egainst Respondent, BEFORE ME ‘personally appeate _ produced NOTARY PUBLIC State of Florida at Large My Commission Expires: aHns “sua navilifydw XN4 Obi ZL LOOZ/EL/ED ADMINISTRATIVE COMPLAINT, EXHIBIT # - PAGE __3__ OF EXHIBIT _10_ PAGE 157 ; STATE OF FLORIDA , "DEPARTMENT OF BUSINESS & PROFESSIONAL REGULATION FLORIDA REAL ESTATE APPRAISAL BOARD FLORIDA DEPARTMENT OF BUSINESS & PROFESSIONAL REGULATION, DIVISION OF REAL ESTATE, Petitioner, v. CASE NO. 2003084535 DEBORAH M. HALL, Respondent. / ADMINISTRATIVE COMPLAINT The Florida Department of Business & Professional Regulation, Division of Real Estate ("Petitioner") files this Administrative Complaint against Deborah M. Hall (“Respondent"), and alleges: } ESSENTIAL ALLEGATIONS OF MATERIAL FACT 1. Petitioner is a state government licensing and regulatory agency charged with the responsibility and duty to prosecute Administrative Complaints pursuant to the laws of the State of Florida, including Section 20.165 and Chapters 120, 455 and 475 of the Florida Statutes, and the rules promulgated thereunder. , 2. Respondent is currently 2 Florida state certified residential real estate appraiser having been issued license 4615 in accordance with Chapter 475 Part II of the Florida Statutes. 3. The last license the State issued to Respondent was as a state certified residential real estate appraiser at 10321 Huckleberry Drive, Port Richey, Florida 34668. 4. On or about April 5, 2002, Respondent and Anthony Elgin (Elgin) developed and ADMINISTRATIVE COMPLAINT, " EXHIBIT #. a . EXHIBIT_/O pace A _ oF . PAGE _ is FDBPR v. Deborah Hall ; . Case No. 2003084535 Administrative Complaint communicated an appraisal report (Report) for property commonly known as 7415 Flounder Drive, , Hudson, Florida 34667 (Subject Property) and estimated its value as of March 1, 2002 at $110,000. A copy of the Report is attached hereto and incorporated herein as Administrative Complaint Exhibit 1. . 5. In each of the comparable sales utilized in the Report, Respondent and Elgin erred in indicating the actual sales prices. 6. Specifically, Respondent and Hall indicated that each of the three comparable sales closed at $110,000, $116,000, and $110,000, respectively, when they closed at $73,000, $74,000, and $82,000, respectively. 7. Respondent and Elgin misrepresented the estimated value of the Subject Property. COUNT I Based upon the foregoing, Respondent has violated a standard for the development or . communication of a real estate appraisal, specifically Standard 1-1, or other provision of the Uniform Standards of Professional Appraisal Practice (2002) in violation of Section 475.624(14), Florida Statutes. COUNT I Based upon the foregoing, Respondent is guilty of having failed to exercise reasonable diligence in developing an appraisal report in violation of Section 475.624(15), Florida Statutes. COUNT II Based upon the foregoing, Respondent is guilty of misrepresentation in any business transaction in violation of Section 475.624(2), Florida Statutes. ADMINISTRATIVE COMPLAINT. 2 ao EXHIBIT # EXHIBIT [0 PAGE __ 10 OF ___— PAGE 359 9 mo, FDBPR v. Deborah Hail . Case No. 2003084535 Administrative Complaint WHEREFORE, Petitioner respectfully requests the Florida Real Estate Appraisal Board, or the Department of Business and Professional Regulation, as may be appropriate, to issue a Final Order as final agency action finding the Respondent(s) guilty as charged. The penalties which may be imposed for violation(s) of Chapter 475 of the Florida Statutes, depending upon the severity of the offense(s), include: revocation of the license, registration, or certificate; suspension of the license, registration or certificate for a period not to exceed ten (10) years; imposition of an administrative fine of up to $5,000 for each count or offense; imposition of investigative costs; issuance of a reprimand; imposition of probation subject to terms including, but not limited to, requiring the licensee, registrant, or certificate holder to complete and pass additional appraisal education courses; publication, or any combination of the foregoing which may apply. See Section 475.624, Florida Statutes and Rule 61J1-8.002, Florida Administrative Code. The penalties which may be imposed for violation(s) of Chapter 455 of the Florida Statutes, depending upon the severity of the offense(s), include: revocation of the license, registration, or certificate; suspension of the license, registration, or certificate for a period not to exceed ten (10) years; imposition of an administrative fine of up to $5,000 for each count or offense; imposition of investigative costs; issuance of a reprimand; imposition of probation subject to terms including, but not limited to, requiring the licensee, registrant, or certificate holder to complete and pass additional appraisal education courses; publication; restriction of practice; injunctive or mandamus relief; imposition of a cease and desist order; or any combination of the foregoing which may apply. See Section 455.227, Fla. Statutes and Florida Administrative Code Rule 61J1-8.002. AUMINISTRATIVE COMPLAINT 3 “ EXHIBIT # a EXHIBIT_/0 PAGE Ll oF PAGE __!60_ 18 Property Description Property Address__ 7415 FLOUNDER DR. City HUDSON. Stata FL Dp Cote 34667 UNIFORM RESIDENTIAL APPRAISAL REPORT Fie No._7415HUDSON Price $_ N/A Clent_ FLORIDA MORTGAGE FUNDING ppralser DEBORAH M HALL Ld Market conditions In the subject neighbarhood (including support for the above conclusions retated te the trend of property values, demand/supply, and marketing time = such aa data on compettive proparties for sale in the neighborhood, description of the prevalence of safes and financing concessions, etc.}: THE MARKETING TIME OF 3 TO 6 MONTHS IS BASED UPON THE APPRAISER'S OBSERVATION OF THE MARKETING TIME OF TLISTINGS AND SALE WITHIN THE IMMEDIATE AREA AND THE RATIO OF THE NUMBER OF LISTING TO SALE. ALSO CONSIDERED KNOWN FINANCING CONCESSIONS. Project Information for PUDs (if applicable) - - Is the developerfbulder in contrat of the Homa Owners’ Association (HOA)? ‘Approximate total number of units In the subject projact NA "Approximate total number of units for safe in the subject project Describe common etaments and recreational faciifies: Dimensions SEE PLAT MAP Ste area _12,800 SF MOL. Specfic zoning classification and description _O400/OMF1- CONDOMINIUM! MANUF HOME. Toning compliance Legal {7} Legal nonconforming (Grandtathered use) {_] mega (_] No zoning Effective Age infestation NONE OBS: ROOMS {Rooms | [family Am. [ fee. Rm. [Bedooms| # Baths | tamdry | Other | _areaSa. A. _| a ee es Po Non | asher/Dryer ( Additional features (special energy efficient items, etc): CEILING FANS , BREAKFAST COU! R, EXTERIOR LIGHTING, SMOKE DETECTORS, DOCK Condition of the Improvements, depreciation (physical, functional, and external}, repairs needed, quafity of construction, remodellngfadditions, etc.- DEPRECIATION IS DUE TO NORMAL WEAR AND TEAR. STRUCTURE IS IN GOOD CONDITION WITH NO_REQUIRED REPAIRS NOTED AT THE TIME OF INSPECTION. . ‘Adverse environmental conditions (such as, but not imited to, hazardous wastes, toxic substances, etc.) present in the improvements, on the site, or in.the PAGE 1 OF 2 PAGE fo - Tt PAGE fe bt ro Porm7o_ 6/53 A ee ee L6 r i _ { IPARISOH ANALY: Cor, UNIFORM RESIDENTIAL APPRAISAL REPORT File No._7415HUDSON 50,000 | Comments on Cost Appradch (such as, source of cost estimate, stte vue, ESTIMATED REPRODUCTION COST-NEW-OF IMPROVEMENTS: square foot calculation and for HUD, VA and FmHA, the estimated remaining Bweling 1,008 5. @$_56.27_=§ at Comparabie Comments on Sales Comparisan (Instuding tha subject property's compatiblity to the neighborhood, etc.}: THE SAME AREA AS THE SUBJECT, AND ARE CONSIDERED THE BEST AND MOST RECENT SALES COMPARABLES WERE WEIGHTED GIVING MOST CREDENCE TO SALE #1 AND THE LEAST WEIGHT TO SALE #3, BASED-ON SIMILARITIES AND DISSIMILARITIES TO SUBJECT. SITE VALUE WAS DEVELOPED BY ABSTRACTION. COMPARABLE NO. 1 COMPARABLE NO. 2 COMPARABLE NO. 3 a ae Date, Price and Data NO PRIOR SALE | PRIOR SALE WITHIN ONE NO PRIOR SALE WITHIN THE || NO PRIOR SALE WITHIN ONE Source, for prior salas. | WITHIN 1 YEAR | YEAR ONE YEAR YEAR within year of appraisal A ‘Analysis of any current agreement of sale, on, or Usting of subject property and analysis of any priar sales of subject and comparables within one yeer of the date of appraisal INCOME APPROACH (f Appicable)” d Market Rent $ “as ist) subject to the eps, atralione, inspections or condi ‘Tha purpose of this appraisal Is to estimate the market Value of the real property tat Is the subject of this report, based on the abave canditions and the certification, contingent = and eniting conditions, and market value definition that are stated in the attached Freddle Mac Form 439/FNMA form 10048 (Revised 8/93 ). 3 | (WE) ESTIMATE THE MARKET VALUE, AS DEFINED, OF THE REAL PROPERTY THAT 'S THE SUBJECT OF THIS REPORT, AS OF . MARCH 1, 2002 000 2 (WHICH IS THE DATE OF INSPECTION AND THE EFFECTIVE DATE OF THIS REPORT) TO BE WHMIS TRALIVE COMP L&gRS@3tatticaton # STREG ASSIST REA = MUNIN “A vo | Or Stafe License # ATLMINTS” isthe’ | A TN Gr State License.# _RZ-0001589 ; XHIBIT #__2 __ Freddie Mac Form 706/83 PAGE 2 OF 2 Fannie Mae Farm 1004 6-83 ~AGE | 3 OF EXE FER1T Feuna-f Tora ows appa ata by a dee. — CAMHS fT 10 —_— PAGE Bape. PAGE /b2 27 it SS om E H AND ANALYSI: RECORDS AND/OR RECOGNIZED PUBLISHED DATA SOURCES. ALL REVEL ANT APPRAISAL A CONCLUSIONS WERE DEVELOPED, AND THIS REPORT HAD BEEN PREPARED IN CONFORMITY WITH THE UNIFOR PROFESSIONAL PRACTICE. i" OTHER LENDER CLIENT. USE OF THIS REPORT IS NOT INTENDED BY THE APPRAISER. A PARTY RECEIVING A COPY OF A SELF CONTAINED APPRAISAL REPORT, SUMMARY APPRAISAL REPORT OR RESTRICTED USE APPRAISAL REPORT IN ORDER TO SATISFY DISCLOSURE REQUIREMENTS DOES NOT BECOME AN INTENDED USER OF THE APPRAISAL UNLESS THE CLIENT IDENTIFIES SUCH PARTY AS AN INTEND! AS PART OF THE ASSIGNMENT. EAA OF DA 120-180 e) Ri MARKETING TIME PERIOD Add ts tional Commen IE FUNCTION OF THIS APPROACH IS ALSO QUESTIONABLE IN MARKET SITUATIONS IN WHICH MARKET RENTALS AND.SALES PRICES-DO NOT BEARA CONSTANT RELATIONSHIP TO EACH OTHER. IT IS OUR OPINION THAT THE INCOME APPROACH, IN VALUATION OF THE SUBJECT VALUE INDICATION VIA THE GROSS RENT MULTIPLIER ANALYSIS. “THE STATEMENTS OF FACT CONTAINED IN THIS REPORT ARE TRUE AND CORRECT. “THE REPORTED ANALYSIS, OPINIONS, AND CONCLUSIONS ARE LIMITED ONLY BY THE ASSUMPTIONS AND LIMITING CONDITIONS AND ARE MY PERSONAL, IMPARTIAL AND UNBIASED PROFESSIONAL ANALYSIS, OPINIONS AND CONCLUSIONS. “| HAVE NO PRESENT OR PROSPECTIVE INTEREST IN THE PROPERTY THAT IS THE SUBJECT OF THIS REPORT AND NO PERSONAL INTEREST OR BIAS WITH RESPECT TO THE PARTIES INVOLVED, ANY SPECIFIED INTEREST OR BIAS HAS NOT AFFECTED THE IMPARTIALITY OF MY OPINIONS AND CONCLUSIONS. *MY ANALYSIS, OPINIONS AND CONCLUSIONS WERE DEVELOPED, AND THIS REPORT HAS BEEN PREPARED IN CONFORMITY WITH THE UNIFORM STANDARDS OF PROFESSIONAL APPRAISAL PRACTICE, *THE APPRAISER HAS MADE A PERSONAL INSPECTION THAT (S THE SUBJECT OF THIS REPORT. THE SUPERVISORY APPRAISER *THE WORD “NEIGHBORHOOD” HAS BEEN ELIMINATED FROM USPAP, BUT SOME FORMS STILL CONTAIN THE WORD AS THEY MARKET AREA, Certification Supplement. : --_..- “ es . 1. This appraisal assignment was not based on 2 requested minimum val 2 My compensation Is not contingent upon the reporting of a predetermined value or direction In value that favors tha cause of the cllent, the amount of the value estimate, the attainment of a stiputated resist or the occurrence of a subsequent event. Etlective date / Report date: __MARCH 1, 2002 DEBORAH M. HALL, RI-0G05557 . ADMINISTRATIVE CO Nae = anaes ine ttn/ Remit: _ MARCH 1, 2008 EXHIBIT #___ a . TIVE COMPLAINT. PAGE , Fam FUk—"OTAL tx Wo pra stan y ats, e.— todos | ty PAGE Ib} 28 {ile No. /4 SHUUSUNI Page #1U) Subject Photo Page Bonowerlet BOLDA, NANCY E Property Address 7415 FLOUNDER DR : City HUDSON County PASCO State Fi. Zp Code 34667. Lender_ FLORIDA MORTGAGE FUNDING Subject Front 7415 FLOUNDER DR Sales Price NIA . mss ving Area = 1,008 t Total Rooms 7 Total Bedrooms 3 Total Bathrooms «= 2 Location WTRFRT View TYPICAL She 12,800 SF MOL. “Quaity AVERAGE Age 17115 EFF Subject Rear - Subject Street ADMINISTRATIVE COMPLAINT. ‘ . . . . EXHIBIT lo EXHIBIT # A GE Ts PAGE \S__ oF PAGE __[¢' VY Comparatile Photo Page Borower/Cllent_ BOLDA,NANCYE °: Property Address 7415 FLOUNDER DR Ciy HUDSON Comparable 1 6724 CURLEW LA Prov, to Subject 1,04 miles ‘Sadie Pricé 110,000 |. ‘ Gross Living Area 857). Total Rooms 7 Total Bedmoms = 3. ‘Total Bathooms =. 2 Location WTRFRT View = TYPICAL Site 8,220 SF MOL Qualty AVERAGE Age 411 EFF20, Comparable 2 Address _ 6716 TOWER DR Prox, to Subject 1.64 miles Sale Price 116,000 Gross Uving-Area 1,200 Total Rooms 7 Total Bedrooms «3. Total Bathrooms = 2 Location WTFRTISUPER View TYPICAL Ste §,000 SF MOL Oualty AVERAGE Ae 31/ EFF 20 Comparable 3 Address 6530 TOWER DR > Prox. to Subject 1.74 miles Sala Price 100,000 Gross Living Area 1,100 Tota Rooms =. 7 Total Bedrooms «= 3 Total Bathrooms = 2 Location WTFRT/SUPER View TYPICAL Site 5,000 SF MOL Quality AVERAGE Age 30) EFF 20 ADMINISTRATIVE COMPLAINT: arty EXHIBIT_/0_ _ 0) ADMINISTRATIVE COMPLAINT EXHIBIT #___o _ - exuigitg (0 ~””*~*«*éPASGE_les PAGE {(@ oF rem Mrs Wine pr tas a — 5. 3y) ; ae Location Map BorowerClient_ BOLDA NANCY E 7 Property Address_7415 FLOUNDER DR. zi City HUDSON . County PASCO ‘Side FL 5a tue GET Lender. FLORIDA MORTGAGE FUNDING - ReceTrackRd, 6746 TOWLRDR (1.6 mites} é €3i02 venny cot oor ADMINISTRATIVE COMPLAINT SUS EXHIBIT #__ ROMAIS a ALIVE COMPLAINT en . qin PAGE le page !'l_ or ie — TOT. fy ahd — OAD “pase 77 OF Bt Flood.Map | - uperty Adress 7415 FLOUNDER DR Cty HUDSON. pumt Lender_ FLORIDA MORTGAGE FUNDING - Subject : | 7415 FLOUNDER DR | Fa ADMINISTRATIVE COMPLAINT ; ADMINIST. ATIVE COMPLAINT EXHIBIT #___& _oexHeiT ¢_f SC pace _|® oF a PAGE 6 OF __EXHIBIT_Lo a PAGE 167 “Fox MAP Food — “TOTAL for Windows" appasl software by att mode, ne. — 1-800-ALAMODE : 17: . Plat Map ——————— Lt _FLORDR NORTEAGE FUNDS of Subject « FAIS: FLOUNDER OR | / ADMINISTRATIVE COMPLAINT, : EXHIBIT #___ oe . PASE TEE. PAGE__[%__ oF : ADMINISTRATIVE COMPLAINT . EXHIBIT # Form MAP.PLAT — PAGE yak mode ne 49 7 PYrerst aus APPRAISAL AND REPORT IDENTIFICATION This appraisal conforms to one of the following definitions: a) Complete Appraisal (The act or process of estimating value, or an opinicn of value, performed without Invoking the Departure Rule) © Limited Appraisal (The act or process of estimating value, or an apinion of value, performed under and resuiting from invoking the : Departure Rule.) . This report is one of the following types: QO Self Contained (A wiltten repart prepared under Standards Rule 2-2{a) of a Complete or Limited Appraisal performed under STANDARD 1.) Summary (A vaitten report prepared under Standards Rule 2-2(b) of a Complete or Limited Appraisal perfermed under STANDARD 1.) Oo Restricted (A written report prepared under Standards Rute 2-2(c) of a Complete or Limited Appraisat performed under STANDARD 1 for cflent use only.) : Comments on Standards Rule 2-3 Scertfy tha, to the best of my inowledge and bel: The statements of fact contained In this report are true and correct. . The reported analyses, opinions, and conclusions are limited only by the reported assumptions and fmiting conditions, and are my personal, imparfial, and unblased professional analyses, opinions and conclusions. © | have no (or the specitied) present or prospective Interest in the property that is the subject of this report, and no (or the specified) personal interest with respect to the 4 parties involved. = Thave no blas with respect to the property that Is the subject of this report or the parties Involved with this asstgnment. © My engagement in this assignment was not contingent upon developing or reporting predetermined resutts, ‘ My compensation for completing this assignment is not contingent upan the development or reporting of a predetermined value or direction in vahse that favors the cause of the cllent, the amount of the value opinion, the attainment of 2 stipulated result, or the occurfence of a subsequent event directly related to the Intended use of this appraisal, | © My analyses, opinions and conclusions were developed and this report has besn prepared, in conformity with the Unifarm Standards af Professional Appraisal Practice, = [have (or have not) made @ personal Inspection of the property that Is the subject of this repart. + No one provided significant real property appraisal assistance to the person signing this certification. (if there are exceptions, the name of each Individual providing significant real property appraisal assistance must be stated.) Comments on Appraisal and Report Identification Note any departures from Standards Rules 1-3, 1-4, plus any USPAP-related issues requiring disclosure: Date Signed: April 05, 2002 Bate Signed: April 05, 2002 ; State Cettfication #. STREG ASSIST REA Stats Cetificafon #: ST CERT GEN REA RZ-0001589 or State License #: or State Ucense #: Z-0001589 State: State: FL Expiration Date of Certiication or Lcanse: Expiration Date of Carffleation or license: 14/30/02 ADMIAISTRAT I Fee hPLAINT Ve COMPLAINT exit SXHIBIT __/ rsenll Gm AD Op ——_ PA S Form 103 — a fe, inc, — — “ AGE Ro % by ala mod "PAGE Tes 34 ™719---— _ ADMINISTRATIVE COMPERT EXHIBIT #__ PAGE A\_ oF Supplemental Addendum Fie No. 7415HUDSON DIGITAL SIGNATURES SIGNATURE ON A PAPER COPY REPORT : (THE TERM "WRITTEN RECORDS" INCLUDES INFORMATION STORED ON ELECTRONIC, MAGNETIC OR OTHER - MEDIA). ALL ELECTRONIC SIGNATURES IN THIS REPORT HAVE A SECURITY FEATURE MAINTAINED BY INDIVIDUAL PASSWORDS FOR EACH SIGNING APPRAISER. NO PERSON CAN ALTER THE APPRAISAL WITH THE EXCEPTION OF THE ORIGINAL SIGNING APPRAISER(S). REGARDING THE LEGAL DESCRIBTION: APPRAISER SPOKE TO PASCO COUNTY ZONING BOARD AND PASCO COUNTY PROPERTY APPRAISER ( KURT LOWE) AND ALTHOUGH THE LEGAL DESCRIBTION STATES CONDOMINIUM AND COMMON ELEMENTS, THIS PROPERTY !S A SINGLE FAMILY WATERFONT MOBILE HOME. THE HIGHEST & BEST USE REMAINS SINGLE FAMILY MOBILE HOME AND THE CURRENT USE CODE FOR THE PROPERTY !S SINGLE FAMILY MANUFACTURED HOME. EXHIBIT_/o PAGE 170 poem Kb rtf ee. _ Name DEBORAH M HALL Name ANTH Date Signed - April 05, 2002 aap Date Signe 2002 ‘State Certtication # ST REG ASSIST REA AV aay BL! Fer ice Maree REA RZ-0001589 RZ-00015 Farm TADD2 — “TOTAP AY fas" f software by a la moe, line. — 1-800-ALAMODE 28 _—_—— 35° DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a competiive and open market under afl conditions equistte to a fair sale, the buyer and seller, each acting prudently, knowledgeably and’ assuming the pice Is not affected by undue stimulus, Impllctt in this . Gefinition Is the consummation of a sala as of a specified date and the passing of ttle from seller to buyer under conditions whereby: (1) buyer and seller are a typicaly motivated; (2) both parties are well Informed or well advised, and each acting In what he consifers his own best interest; (3) a reasonable time is alowed . for exposure fn the open inarket; (4) payment Is mada In terms of cash in U.S. dollars or In terms of ficanclal arangements comparable thereto; and (5) the price represents the normal consideration for the property sok! unaffected by spect or creative firancing or soles concesskons* granted by anyone associated with tha sale, . STATEMENT GF LIMITING CONDITIONS AND APPRAISER’S CERTIFICATION CONTINGENT AND LIMITING GONDITIONS: The appraiser's cerication that appears in the appraisal report Is subject to the folowing conditions: 1. The appraiser will not be responsible for matters af a legal natura that affect either tha property being appraised or the file to % The appraiser assumes that ‘the Sa fs good and marketabis and, therefore, will not render any opinions about the file, The property Js appraised on the basis of R being under responsible 2 The appralser has provided: a sketch in the appraisal report ta show approximate dimensions of the Improvements and the sketch Is Included anly to assist the reader of the report in visualizing the property and understanding the appraiser's determination of Its size. 3 Tha appralser has examined the avalale flood maps that are provided by the Federal Emergency Management Agency (or other data sources) and has noted bn the apprasal report whether the subject sis foceted fn an Ideified Specal Rood Hazard Area. Because the appraiser fs nat a surveyor, he or sha makes no guarantees, express or Implied, regarding this determination, 4 The appraiser will not give testimony ot sppear in cout because he or she made an appraisal of the property in question, unless specific arangements to da so have been made beforehand, : a, The appraiser’ has estimated the value of the land In the cost approach at its highest and best use and the Improvements at thelr contributory value. These separate valuations of the fand and improvements must not be used in conjunction with any other appralsd and are invalid F they ara so. used. & The appraiser has noted in the appraisal report any adverse conditions (such as, needed’ repals, depreciation, the presence of hazardous wastes, toxic subsfances, etc.) observed during the inspection of the subject properly or that he or she became aware of during the normal research Involved in performing Uniess otherwise stated in the appraisal report, the appraiser has no knowledge of any hidden or wnapparent conditions of the propery or adverse environmental condifions (including the presence of hazardous wastes, toxic substances, etc.) that would make the property more or less valuable, and uch condiions and makes 0 guarantees or walvantles, express or implied, regarting the condiion af the property. The t E zg z 8 3 patties, 8, The appraiser wil not dsciose the contans of the appraisal report excent as provided for tn the tinfomn Standands of Professonal Appralsal Pranfce. . 9 The appraiser has based his or her appraisal report and valuation eanciusion for an appraisal that Is subject to salistactory completion, repals, or aterations an the assumption that completion of the Improvements will ha performed in a workmaniike manner. 7 10. The appraiser must provide his or her prior written consent before the jenderjcllent specified In the appraisal report can distbute the appraisal report (including conclusions about the property value, the appraiser's Identity and professional designations, and references to any professional appraisal ‘crganizations or the firm’ wih which the appraiser is associated) fo anyone other than the borrower, the mortgagee or its successors and assigns; the mortgage insurer; consuftants; professional appraisal organizations; any state or a a te met tact tata we rect ety t dea 7 of the United States or any state or the District of core eet Tn the Jender/cilent may distibute the property description section of the report only to data : collection or reporting service(s) without having to obteln fhe apace’ peor written consent. The eppralser's written consent and approval must aso be obtained before the .appraisal can be conveyed by anyone oe ee nee me ERAT ADMINISTRATIVE COMPLAINT PAGE: a ALIVIINES TRALIVE C _ Fede Mac For 429 6-83 , ; Page - EXHIBIT #___@ ae PAGE _} ik OF PAGE Oa OF _. Form ACR — *TOTAL for Windows" appraisal software by ala rode, inc. — 1-800-ALAMODE 36 21° Fannle Mae Form 10048 6-93 APPRAISER’S CERTIFICATION: The Appraiser certties and agrees that: 1. | have researched the subject market anva-and have selected a mbkmum of tree recent sales of properties mast sinlar and proximate to the subject propety for consideration in the sales comparison analysis and hava made a dolar adjustment when approprcte'to react the market reacton to those tems of slonficant variation. it a sigiicant tem ln a comparable property If superior to, or mare favorable than, the subject propery, | have mais a negative adustment in reduce the adjusted sales price of the comparable and, ¥ 2 signficant tem in a comparable property s inferior io, or less favorable than the subject property, 1 have mada & postive adjustment tn increase the adjusted sales price of the comparable. t 2 U have taken Into cansteraon the factors that have an Impact on value In my development of the estimate of market vate in the appraisal report t have not knowingly wittheld any significant information from the appraisal report and 1 belave, to the bést of my knowledge, that al statements and information in the appraisal report are true and comect, . . . 3 | stated In the appraisal report only my own persona, unblesed, and professional analysis, opinions, and conclusions, which ara subject only fo the contingent and Inmiting conditians specified In this form, . 4 | have no present or prospective interest In the property that ls the subject to this report, and | have no present or prospective personal Interest or bias with Tespect to the participants in tha transaction, | did not base, elther partialy or completely, my analysis and/or the estimata ot market valua fn the appraisal report On the race, color, religion, sex, handicap, familal status, of national origin of etter the prospective owners of occupants of the subject property or of the present ‘owners or occupants of the properties in the vicinity of the subject property. . 7 8 | fave present or contented fore rts nthe subject propery, and etter my caret o hme ployment nor my crmpansaton foe peonning ths - appraisal Is coniingent on the appratsed value of the property. 6 | was not required to report a predetermined value or direction in value that favors the causa of the client or any related party, the amount of the vale estimate, ‘he attainment of a specffic resuf, or the occtsrence of # subsequent event In arder to receive my compensation and/or employment for performing the appraisal, { tid not base the appratsal report on a requested minimum valuation, a specific valuation, or the need to approve a specific marigage loan. 7. 5 performed this appraisal In conformity wth the Uniiorm Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standaris Board of The Appraisal Foundation and that wera In place as of the effective date of this appraisal, with the sxception of the departure provision of those Standards, which does not apply. | acknowledge that an estimate of a reasonable time for exposure in the open market Is a candition in the definition of market value and the estimate 1 developed Is consistent with the marketing time noied in the neighborhood section of this report, unless | have otherwise stated In the teconcilation section. . 8 | have parsonally inspected the Interior and axeor areas of the subject property and the exterior of all properties sted as comparables in the appraisal report, | further certify that | have noted any apparent or known adverse conditions In the subject Improvemants, on tha subject site, or on any site within the Immediate Wicinily of the subject property of which t am aware and have made adjustments for these adverse conditions In my analysis of the property value to the axtent that Vhad market evidence to Support them. I have also commented about the effect of the adverse conditions an the markotebllty of the subject property. 9. | personally prepared all. conclusions and opinions ahout the real estate that were set forth in the appraisal report. tt | reed on signticant professional assistance from any individual or individuals in the performance of the appraisal or the preparation ‘of the appraisal report, 1 hare named such individual(s) and " disclosed the specific tasks performed by them in the reconcilaion section of this eppratsal report. | certly that any Individual so named is qualified to perform the tasks, | have not authorized anyone to make a change to any Rem in the report; therefore, if an tnatthorlzed change is made to the appraisal report, | will take no responsibility for ft. SUPERVISORY APPRAISER’S CERTIFICATION: { 2 supervisory appraiser. signed the appraisal report, he or she certifies and agrees that: | directly superviss the appraiser wha prepared the appraisal report, have reviewed the appraisal report, agree with the statements and conclusions of the appralser, agree to be bound by the appraiser's cerficaions numbered 4 trough 7 above, and am taking fil sporty for ha appalsal and the appraisal epart. ADDRESS OF PROPERTY APPRAISED: _7415 FLOUNDER DR, HUDSON, FL. 34667 : APPRAISER: - SUPERVISO PRAISER (only if required): ‘Signature: Mb LIhe Lee ‘Signature: . Name: DEBORAH M HALL Name: Date Signed: _April 05, 2002 Dale Signed: April 05, 2002 State Ceriificafion #: ST REG ASSIST REA State Certifleation #: ST CERT GEN REA RZ-0001589 ‘or State License #: of Staie License #:_RZ-0001569 A State: State: _F Expiration Date of Cerllication or License: Exntation Date of Cartfication or License: 11/30/02 7 . : Bod te Not inspect Property ADMINISTRATIVE COMPLAINT. EXHIBIT #_ od oe EXHIBIT_/0 PAGE a3 OF Fannle Mae Form 1004B 6-93 Freddie Mac Form 439 6-93 os : 2012 pace _]5 OF Form ACR — *TOTA). for Windows" appralsal software by a la mode, inc. — 1-800-ALAMQDE (90 - a? FILED Department of Business and Professional Regulation Deputy Agency Clerk CLERK Brandon Nichols Date 10/30/2009 a . File # : STATE OF FLORIDA 2009-00027 DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION FLORIDA REAL ESTATE APPRAISAL BOARD DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION, DIVISION OF REAL ESTATE, Petitioner, DBPR CASE NO.: 2007036883 DOAH CASE NO.: 08-6260PL LICENSE NO.: RD 4615 DEBORAH M. HALL, Respondent. ee FINAL ORDER THIS CAUSE came before the FLORIDA REAL ESTATE APPRAISAL BOARD (Board) pursuant to Sections 120.569 and 120.57(1), Florida Statutes, at a duly noticed — public meeting on June 1, 2009, in Orlando, Florida, for the purpose of considering the Administrative Law Judge’s Recommended Order, Petitioner’s Exceptions to the Recommended Order, and Respondent's Response to Petitioner's Exceptions to the Recommended Order. Petitioner was represented by Robert Minarcin, Senior Attorney. Respondent was present and represented by David P. Rankin, Esquire. Upon review of the Recommended Order, the Exceptions, the Response jto Exceptions, the argument of the parties, and after.a review of the complete record in this case, the Board makes the following findings and conclusions. ADMIN STE OMe LAINT, EXHIBIT #__|! i PAGE A —At OF " RULING ON EXCEPTIONS The Board reviewed and considered the Petitioner’s Exceptions to the Recommended Order and ruled as follows: 1. Petitioner’s Exception I is GRANTED based upon the reasons set forth in the exceptions, in that the substituted conclusion of law is as reasonable or more reasonable than that of the Administrative Law Judge. Paragraph 23 of the Recommended Order shail read as follows: The evidence presented by the Department's witnesses was indeed clear and convincing as to the errors that appeared in Appraisal 1, which Hall had prepared. Both the investigator and the expert called by the Department provided an excellent description of the facts. 2. Petitioner's Exception II is GRANTED based upon the reasons set initially forth in the exceptions, in that the substituted conclusion of law is as reasonable or more reasonable than that of the Administrative Law Judge. Paragraph 25 of the Recommended Order shall read as follows: Clearly, there was never any intent on Hall’s part to do anything improper or fraudulent. Nor were Smith’s actions — for which Hall was responsible|- intentional or meant to harm, defraud or otherwise harm a client. Further, for the same reasons, Paragraph 26 of the Recommended Order shall follows: The Department proved by clear and convincing evidence that Respond read as ent committed the violations set forth in the Administrative Complaint as follows: Count II, by having violated Section 475.624(15), Florida Statutes, by b eing guilty of ‘failing to exercise reasonable diligence in developing an appraisal report; Count III, by having violated Section 475.629, Florida Statutes, by failing to retain records for at least five years of any contracts engaging the appraiser's services, appraisal reports, and supporting data assembled and formulat 2 ted ‘by canis COMPLAINT. EXHIBIT # PAGE OF —— LT adopted and incorporated herein by reference. by the Board. Florida Statutes, and Chapter 475, Part II, Florida Statutes. | | . | "the appraiser in preparing the appraisal report; Count VII, by being guilty of violating Section 475.624(14), Florida Statutes, by violating the Conduct Section of the Ethics Rule of the Uniform Standards of Professional Appraisal Practice (2006); Count VI, by being guiity of violating Section 475. 624(14), Florida ithe Uniform ‘Standards of Professional Appraisal Practice (2006); Count IX, by being guilty of violating Section 475.624(14), Florida Statutes, by violating Standards Rule 1-1(a), (b) and (c) of the Uniform Standards of Professional Appraisal Practice (2006); Count X, by being guilty of violating Section 475. 624(14), Florida Statutes, by violating Standards Rule 1-2(d) of the Uniform Standards of Professional Appraisal Practice (2006); Count XI, by being guilty of violating Section 475.624(14), Florida Statutes, by violating Standards Rule 1-4(a) of the Uniform Standards of Professional Appraisal Practice (2006); Count XII, | by being guilty of violating Section 475.624(14), Florida Statutes, by violating Standards Rule 2-1(a) and (b) of the Uniform Standards of Professional Appraisal Practice (2006); and Count XIII, by being guilty of violating Section 475. 624(14), Florida Statutes, by violating Standards Rule 2-2(b)(vi) and (viii) of the Uniform Standards of Professional Appraisal Practice (2006). FINDINGS OF FACT 1. The findings of fact set forth in the Recommended Order are approved and 2. There is competent, substantial evidence to support the findings of fact found CONCLUSIONS OF LAW 3. The Board has jurisdiction of this matter pursuant to Section 120.57(1), 2. The conclusions of law set forth in the Recommended Order, as amended by the granting of the exceptions to paragraphs 23, 25, and 26, are approved and adopted and incorporated herein by reference. 3. There is competent, substantial evidence to support the conclusions} of law 3 P) ADMINISTRATIVE COMPLAINT EXHIBIT +a PAGE adopted by the Board. PENALTY Upon a complete review of the record in this case, and based upon the exceptions to the conclusions of law, the Board determined that the disposition granted recommended by the Administrative Law Judge be REJECTED. The Board instead determined that the disposition be the following: 1. estate appraiser shall be placed on PROBATION for a period of one (1) year, | Respondent's license to practice as Florida state certified residential real hich probation may NOT be terminated early. While on probation, Respondent shall attend two complete two day Florida Real Estate Appraisal Board meetings from the commencement of the meetings until 5:00 p.m. on both meeting days. Furth Respondent shall provide original evidence of satisfactory completion of 30 hao continuing education appraisal courses. Neither attendance at these meetings completion of the penalty continuing education requirements shall count towa Respondent's regular continuing education or licensure renewal requirements. 2. Respondent shall pay an administrative fine in the amount of $1 if urs of nor: rds 7000.00 and costs in the amount of $1,560.90. Respondent shall pay the fine and costs by separate checks payable to Florida Department of Business and Professional Regulation, Division of Real Estate, Real Estate Appraisal Board at 400 West Robinson street, Suite 801N, Orlando, Florida 32801-1757, within 30 days of the filing of this Final O rder. 4 ADMINIS TRALIVE COMPLAINT. EXHIBIT #. PAGE OF |: “This Final Order shall take effect upon being filed with the Clerk of the Department of Business and Professional Regulation. DONE AND ORDERED this___ 2.5 day of Afobee —__|2009. (oe Florida Real Estate Appraisal Board By Thomas W. O’Bryant, Jr. Director, Division of Real Estate i { | | NOTICE OF RIGHT TO JUDICIAL REVIEW | A PARTY WHO IS ADVERSELY AFFECTED BY THIS FINAL ORDER IS E | ED TO JUDICIAL REVIEW PURSUANT TO SECTION 120.68, FLORIDA STATUTES. REVIEW PROCEEDINGS ARE GOVERNED BY THE FLORIDA RULES OF APPELLATE PROCEDURE. SUCH PROCEEDINGS ARE COMMENCED BY FILING ONE COPY OF A NOTICE OF APPEAL WITH THE AGENCY CLERK OF THE DEPARTMENT OF BUSINESS AND | PROFESSIONAL REGULATION AND A SECOND COPY, ACCOMPANIED BY FILING FEES PRESCRIBED BY LAW, WITH THE DISTRICT COURT OF APPEAL, FIRST” DISTRICT, OR WITH THE DISTRICT COURT OF APPEAL IN THE APPELLATE DISTRICT: WHERE THE PARTY RESIDES. THE NOTICE OF APPEAL MUST BE FILED WITHIN THIRTY ( (30) DAYS OF RENDITION OF THE ORDER TO BE REVIEWED. ADMINISTRATIVE COMPLAINT EXHIBIT # PAGE ___29 _ | CERTIFICATE OF SERVICE I HEREBY CERTIFY that a true and correct copy of the foregoing has been furnished by U.S. Mail to: Deborah M. Hall, 10321 Huckleberry Drive, Port Richey, FL 34668; David P. Rankin, Esquire, 18540 North Dale Mabry Highway, Lutz, PL 33548; and to R. Bruce McKibben, Administrative Law Judge, Division of Administrative Hearings, The DeSoto Building, 1230 Apalachee Parkway, Tallahassee, FL 32499-3060; and by interoffice mail to James Harwood, Chief Attorney, Division of Real, Estate, 400 West Robinson Street, Suite 801N, Orlando, Florida 32801, and to Mary Ellen Clark, pat Attorney General, PL-01, The Capitol, Tallahassee, Florida 32399-1050; this day of 2009. 6 ADIVINISTRATIVE COMPLAINT EXHIBIT # Pace AY_or ebsiterat cimee _] 5e7h David Rankin, Esquire gn 18540 North Dale Mabry ee Lutz, Florida 33548 Highway ® 450 (Hall-2007036883) RM 7009 na20 nooo 21? BoTeor i oSUONAUaUS!] 2008 US. Pesta) Sarvisom CERMRIE OMANES 3 ase es OnIy Ne IS uraCO oe eae “PEOFFICIAL USE rc =— i nu =} Deborah H. Hall = ~ 10321 Huckleberry Drive 3 re Port Richey, Florida 34668 me 3 FO (2007036883) RM 7 Q a é NCuOnS) ADMINISTRATIVE COMPLAINT EXHIBIT # Zz pace 30 oF APR. 27. 2009 5:47PM AMERICAN PATRIOT TITLE NO.Yi398 =P. STATE OF FLORIDA | DIVISION OF ADMINISTRATIVE HEARING i FLORIDA DEPARTMENT OF BUSINESS F | L ED AND PROFESSIONAL REGULATION, Department of Business & Professional Regutati . ess & Pr gulation DIVISION OF REAL ESTATE, FLORIDA REAL ESIATE “FPRAISAL BOARD Plaintiff, SIGNED (* b DaTe__‘“/oafog tL . | DEBORAH M., HALL i Defendant(s) | : { : oe RESPONDENT , DEBORAH HALL’S RESPONSE TO PETITIONER’S EXCEPTIONS TO THE RECOMMENDED ORDER COMES NOW the Respondent, Deborah Hall and file this, her Response to Petitioner’s Exceptions to the Recommended Order and states the following: 1. With regard to Exceptions J and I, the Department seeks to discipline Respondent for violating Section 475.624. 2, Given the penal nature of the statute and the language of the statute, it is apparent that it is contemplated that an intentional act be proved before a violation may be found. Munch v. DBPR, §92 So. 29 1136 (1* DCA, 1992) 3. Inthe event the Petitioner were to succeed in its argument, 4 Licensee could be disciplined for hitting the wrong tab on the licensee’s computer even though the appraisal report never left the office merely because the licensee affixed the electronic signature. 4. Indeed, in the Findings of Fact, the ALJ found that there was no intention to “publish” the appraisal report. Thus, the case must be addressed as if the appraisal report never left her office, 5. Implicit within all the applicable standards, whether statutory or USPAP, is 2 requirement that the appraisal report, to be the basis of discipline, must be communicated to the client. In this case, the Findings of Fact were that there was no intention to comm i the appraisal report. ADMINISTRATIVE COMPLAINT EXHIBIT # pace | __ OF —— | APR. 27, 2009 5:47PM AMERICAN PATRIOT TITLE Ko. al Pp. 3 CERTIFACATE OF SERVICE | 7 he . hereby certify that a copy of this Pleading has been provided by US Mail, the 2 (day of April, 2009, to Robert Minarcin, Senor Attomey 400 W. Robinson Street, Suite N801, Orlando, FL 32801. David P. Rankin | Law Offices of David P. Rankin 18540 N. Dale Mabry Hwy. Lutz, FL 33548 Phone: (813) 968-6633 FBN 253022 Attorney for Respondant i ADMINISTRATIVE COMPLAINT, EXHIBIT # ; “. pace 32 oF STATE OF FLORIDA DIVISION OF ADMINISTRATIVE HEARINGS FIVED FLORIDA DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION, Department of Business 4/Professional Regulati‘n DIVISION OF REAL ESTATE, FLORIDA REAL ESTATE| APPRAISAL BOARD _ SIGNED 2 Petitioner, “DATE 4/2 is gi DOAH Case - 7 q v. DBPR Case No.: 2007039883 DEBORAH M, HALL, Respondent. / PETITIONER’S EXCEPTIONS TO THE RECOMMENDED ORDE: R COMES .NOW Petitioner, Department of Business and Professional Regulation, Division of Real Estate, by and through its undersigned counsel, and files Petitioner's Exceptions to the Recommended Order in the above-styled cases, pursuant to Section 120.57 (1) (1), Florida Statutes, and Rule 28-106.217, Florida Administrative Code, . . «lt and in support thereof states as follows: STATEMENT OF THE CASES 1. On April 8, 2009, Administrative Law-Judge R. Bruce McKibben (ALJ) issued a Recommended Order recommending thal! Florida Real Estate Appraisal Board enter a Final Order t—~ the dismissing all counts against Respondent, which included the following charges: having violated Section 475.624(2), Florida Statutes, by being guilty of fraud, misrepresentation, culpable negligence or breach of trust in any business transaction; having violated Section 475.624(15), Florida Statutes, by being guilty ADMINISTRATIVE COMPLAINT EXHIBIT a an PAGE 39 _ OF —+— oy aw | | | . t DBPR vy, Deborah Hall DOAH Case No:08-6260PL Exceptions DBPR Case No.: 2007036883 of failing to exercise reasonable diligence in developing at appraisal report; having violated Section 475.629, Florida Statutes, by failing to retain records for at least five years of any contracts engaging the appraiser’s services, appraisal reports, and supporting data assembled and formulated by th appraiser in preparing the appraisal report; having violated Section 475.62221(1), Florida Statutes by being guilty of failing to perform appraisal services under the direct supervision of licensed or certified appraiser who is designated as the orilary supervisory appraiser; having violated Section 475.624(10), Florida Statutes, by being guilty of having been found guilt a for a second time, of any misconduct that warrants disciplinary action, or has been found guilty of a course of conduct or practice which shows that she is incompetent, negligent, dishonest, or untruthful to an extent that those with whom she may sustain a confidential relationship may not safely do SO, : | having violated Section 475.624(6), Florida Statutes, by being guilty of having had a registration suspended, revoked, or otherwise acted against in any jurisdiction; having violated Section 475.624(14), Florida Statutes, by violating the Conduct Section of the Ethics Rule of the Uniform Standards of Professional Appraisal Practice (2006); having violated Sectilon| H:ADOAH-FREAB\Open Cases\HALL 08-6260PL\Deborah HALL 08-6260PL Exceptions.doc_ ADMINISTRATIVE 7oMPLAIN at DBPR vy. Deborah Fall DOAH Case No: 08-6260PL Exceptions DBPR Case No,! 2007036883 475.624(14), Florida Statutes, by violating the Record Keeping Section of the Ethics Rule of the Uniform Standards of Professional Appraisal Practice (2006); having violated Section 475.624(14), Florida Statutes, by violating Standards Rule l(a), (b) and (c) of the Uniform Standards of Professional 1- Appraisal Practice (2006); having violated Section 475.624/(14), Florida Statutes, by violating Standards Rule 1-2(d} of the Uniform Standards of Professional Appraisal Practice (2006) having violated Section 475.624(14), Florida Statutes, by violating Standards Rule 1-4(a) of the Uniform Standards of ? Professional Appraisal Practice (2006); having violated Section 475.624(14), Florida Statutes, by violating Standards Rule and (b) of the Uniform Standards of Professional Appraisal 2-1(a) Practice (2006); having violated Section 475.624(14), Florida Statutes, by violating Standards Rule 2-2(b) (vi) and (wiiil) of the Uniform Standards of Professional Appraisal Practice (2006); and having violated Section 475.624(14), Florida Statutes, violating Standards Rule 2-3 of the Uniform Standards of Professional Appraisal Practice (2006). LEGAL STANDARD 2. Section 120.57(1) (1), Florida Statutes (2006), provides, in pertinent part that: H:ADOAH-FREAB\Open Cases\HALL 08-6260PL\Deborah HALL 08-6260PL Exceptions.doc ADMINISTRATIVE COMPLAINT EXHIBIT # pace 35 of Seen DBPR y. Deborah Hall DOAH Case No:08-6260PL Exceptions DBPR Case No.: 2997036883 . “ .. The agency in its final order . . . When ! rejecting or modifying such conclusion of law \ . must state with particularity its reasons for rejecting or modifying such conclusion of law... and must make a : finding that its substituted conclusion of law | - 1s as or more reasonable than that which was | rejected or modified. The agency may not reject or modify the findings of fact unless the agency first determines that from a review of the entire record, and states with particularity in that order, that the findings of fact were not based upon competent substantial evidence. or that the proceedings on which the findings were based did not comply with the essential requirements of law. : The agency may accept the recommended penalty in a recommended order, but may not reduce it or increase it without review of the complete record and without stating with particularity its reasons therefore in the order, by citing to the record justifying the action (emphasis added) . . : EXCEPTION I 3. The Petitioner takes exception to the Administratilve i - Law Judge’s Conclusion of Law contained in Paragraph 23 which States, “However, there is no credible testimony from the Department that Appraisal 1 was a final product, intended by,Hall to be the result of her work on that job. The fact that an electronic signature appeared on the appraisal was sutticienl ty SI explained by Hall and Smith as an accident, pure and simple. 4. Petitioner takes exception to the Administrative Law HADOAH-FREAB\Open Cases\HALL 08-6260PL\Deborah HALL 08-6260PL Exceptions.doc 4 ADMINISTRATIVE COMP INT “ DBPRv. Deborah Hall DOAH Case No:08-6260PL Exceptions DBPR Case No.: 2007036883 Judge’s Conclusion of Law as to the requirement that intent is necessary for a violation of the Uniform Standards of Professional Appraisal Practice. Petitioner also takes exception to the Administrative Law Judge’s Conclusions of Law as th the digital signature being able to be explained away as an accident once applied to an appraisal report. 5. The Administrative Law Judge found that the evidence presented by the Department’s witnesses was indeed clear and convincing as to the errors that appeared in Appraisal 1. (Recommended Order, Paragraph 23, p. 9. Petitioner's Exhibit 2, pgs. 24-37 and pgs. 64-106). Additionally, the Administrative ‘Law Judge found that Appraisal 1, prepared by Respondent Hall, I . AL was replete with errors, and found these errors were not in 1 a 1 e Judge opined that Appraisal 1 was not a completed project,|jand dispute (Recommended Order, Paragraph 5, p. 4. Petitioner{s Exhibit 2, pgs. 24-37 and pgs. 64-106). The Administrative Law was basically a “draft.” Additionally, by being a draft with a digital signature, the Administrative Law Judge further reasoned that intent to mislead or harm was necessary to prove violations of the Uniform Standards of Professional Appraisal Practice as HADOAH-FREAB\Open Cases\HALL 08-6260PL\Deborah HALL 08-6260PL Exceptions.doc 5 ADMINISTRATIVE COMPLAINT “ EXHIBIT # “i DBPR y. Deborah Hall DOAH Case No:08-6260PL Exceptions DBPR Case No.: 2097036883 alleged in the Administrative Complaint. 6. This interpretation is incorrect, in that it requires intent to harm or mislead, which the Uniform Standards of Professional Appraiser neither reference nor require. i Additionally, the Administrative Law Judge failed to understand that once a signature is placed upon an appraisal report, the i appraiser certifies, as evidenced by the certifications in the report, compliance with the Uniform Standards of Professional Appraisal Practice. 7. The purpose of the Uniform Standards of professiondl Appraisal Practice (USPAP), as outlined in the Preamble, is |to promote and maintain a high level of public trust in appraisal practice by establishing requirements for appraisers. It is essential that appraisers develop and communicate their analyses, opinions, and conclusions to intended users of their services in a Manner that is meaningful and not misleading. 8. As outlined in the Ethics Rule, compliance with the Uniform Standards of Professional Appraisal Practice is required when either the service or the appraiser is obligated by lawijjor regulation, or by agreement with the client or intended users, to HADOAH-FREAB\Open Cases\HALL 08-6260PL\Deborah HALL 08-6260PL Exceptions.doc 6 ADMINISTRATIVE fOMPrAINT a EXHIBIT Se et 38 PAGE ! “ i = | DBPR v. Deborah Hall DOAH Case No: 08-6260PL Exceptions DBPR Case Nal! 2007036883 comply. In addition to these requirements, an individual| should i comply any time that individual represents that he or she kis performing the service as an appraiser. I 9. The Administrative Law Judge’s emphasis on Appraisal 1 not being a final product is misplaced. Appraisal 1, even| if categorized as a “draft,” would always be part of ‘appraisal practice” because it is a valuation service provided by an appraiser. Appraisal 1 noted an opinion of value and contained the signature of an appraiser, certifying to compliance wltn the Uniform Standards of Professional Appraisal Practice. A draft, if this was what Appraisal 1 was truly to represent, should not. have contained a signature of the appraiser, or a specific valuation determination. The Respondent’in the instant case, communicated with intended users prior to completion of an assignment, and the communication was misleading; therefore in violation of the Uniform Standards of Professional Appraiset Practice. 10. The record is clear that Respondent's Appraisal [| was replete with errors, all of which, as outlined during testimony and accepted by the Administrative Law Judge, show a violation of HADOAH-FREAB\Open Cases\HALL 08-6260PL\Deborah HALL 08-6260PL Exceptions.doc ADMINISTRATIVE condlvait EXHIBIT #2 - PAGE 34 og _[. 7 “” DBPR v. Deborah Hall DOAH Case No:8-6260PL Exceptions DBPR Case No.: 2007036883 Section 475.624(14), Florida Statutes and in particular violations of Count II, by having violated Section 475.624(15), Florida Statutes, by being guilty of failing to exercise reasonable diligence in developing an appraisal report; Count III, by having violated Section 475.629, Florida Statutes, By failing to retain records for at least five years of any contracts engaging the appraiser's services, appraisal reports, and supporting data assembled and formulated by the appraiser in preparing the appraisal report; Count VII, by being guilty of violating Section 475.624(14), Florida Statutes, by violating the Conduct Section of the Ethics Rule of the Uniform Standards of Professional Appraisal Practice (2006); Count vIitI, by being guilty of violating Section 475.624(14), Florida Statutes, By violating the Record Keeping Section of the Ethics Rule of T Uniform Standards of Professional Appraisal Practice (2006); Count IX, by being guilty of violating Section 475.624 (14), Florida Statutes, by violating Standards Rule 1-1(a), (b) and (c) of the Uniform Standards of Professional Appraisal Practice (2006); Count X, by being guilty of violating Section | | 475.624(14), Florida Statutes, by violating Standards Rule 1}2(d) of the Uniform Standards of Professional Appraisal Practice (2006); Count XI, by being guilty of violating Section H:ADOAH-FREAB\Open Cases\HALL 08-6260PL\Deborah HALL 08-6260PL Exceptions.doc 8 ADMINISTRATIVE ral 0 | “1 DBPR v. Deborah Halt DOAH Case \ Exceptions : DBPR Case No. 2007036883 475.624(14), Florida Statutes, by violating Standards Rule|1-4 (a) | of the Uniform Standards of Professional Appraisal Practice (2006); Count XII, by being guilty of violating Section 475.624(14), Florida Statutes, by violating Standards Rule|2-1(a) and {b) of the Uniform Standards of Professional Appraisal Practice (2006); and Count XIII, by being guilty of viotatl og Section 475.624(14), Florida Statutes, by violating Standards Rule 2-2(b) (vi) and (viii) of the Uniform Standards of Professional Appraisal Practice (2006). 11. To place a pre-requisite intent to defraud or commit errors, as espoused by the Administrative Law Judge, would||[permit appraisers who develop and communicate reports to later maintain that the error-prone report was nothing more than an accident, a mistake that the appraiser had no intent to commit and therefore the appraiser should not be held accountable. This would |; contradict the very meaning of what a signed and communicated report constitutes, that of being a part of “appraisal practice’ and a valuation service provided by an appraiser, which once developed and communicated, must not be in violations of etl Uniform Standards of Professional Appraisal Practice. 12. Based on the foregoing reasons, the excepted language HADOAH-FREAB\Open Cases\HALL 08-6260PL\Deborah HALL 08-6260PL Exceptions doc 9 ADMINISTRATIVE COMPLAINT DBPR v, Deborah Hall DOAH Case No:08-6260PL Exceptions DBPR Case No.: 2007036883 should be stricken. EXCEPTION II \ 13. The Petitioner takes exception to the Administrative Law Judge's Conclusion of Law contained in Paragraph 25 which states, “There has not been any showing by the Department that Hall’s unintentional and mistaken “publication” of Appraisal|1 was violative of any statutory prohibition set forth above. Clearly, there was never any intent on Hall’s part to do anything improper or fraudulent. Nor were Smith's actions—for which Hall was responsible—intentional or meant to harm, defraud or otherwise harm a client.” 14, Here, once again the Petitioner’s exception is made toward the determination that intent and more particular, intent to harm is a requisite for an appraiser to be found guilty of a violation of the Uniform Standards of Professional Appraisal Practice. As noted above, neither Section 475.624(14), Florilda Statutes, nor the Uniform Standards of Professional Appraisal Practice require intent to mislead, an intent to be fraudulent, or an intent to harm. 15. A plain reading of Section 475.624(14), Florida ADMINISTRATIVE COM H:\DOAH-FREAB\Open Cases\HALL 08-6260PL\Deborah HALL 08-6260PL Exceptions.doc F 10 1 DBPR v. Deborah Hall DOAH Case No:08-6260PL Exceptions DBPR Case No.: 2007036883 Statutes, as well as the Uniform Standards of Professional Appraisal Practice, reveals no such intent to harm or intent to i toa pre-defined requisite intent being necessary for a violation of be fraudulent requirement in either the Standards or the 16. The Administrative Law Judge erred with regard oe] | gal 1 the Uniform Standards of Professional Appraisal Practice occur. The record is clear that Respondent Hall's Apprai was error-ridden, calling its conclusions into doubt. No|intent on the Respondent's part was necessary or required for this to occur and no such intent is written into the statute or Standards. 17. Courts are not at liberty to add words to statutes that - were not placed there by the Legislature. Seagrave v. State, 802 So.2d 281, 286 (Fla. 2001); see also Florida Hospital v. Agency for Healthcare Administration, 823 S0.2d 844 (Fla. 17° DCA|2002) 18. By the Administrative Law Judge requiring an intent to make a mistake or error, before an appraiser can be found |in violation of the Uniform Standards of Professional Appraisal Practice, he clearly reaches an incorrect legal conclusion: As noted above, no such intent requirement is written in either the H:\DOAH-FREAB\Open Cases\HALL 08-6260PL\Deborah HALL 08-6260PL Exceptions.doc PS) ADMINISTRATIVE COMPLAINT, . EXHIBIT # a DBPR v. Deborah Hall DOAH Case No:08-6260PL Exceptions DBPR Case No.: 2007036883 Standards or the statute, and by reading such a pre-requisite into the Standards and statute requiring such an intent to prove a violation of the Uniform Standards of Professional Appraisal Practice, is clearly a misreading of the applicable statutes! and Standards. This interpretation of a pre-requisite intent to violate or make an error has never existed prior nor does this intent currently exist. 19. It is a well-settled principle that the vnserprewgpee s of a statute by the agency responsible for its enforcement i entitled to great weight and deference, and will not be overturned unless clearly erroneous. Verizon Florida, Inc. |v. Jacobs, 810 So.2d 906, 908 (Fla. 2002); Florida Hospital v. Agency for Healthcare Administration, 823 S0.2d 844 (Fla. 1°)| DCA 2002). 20. The Florida Real Estate Appraisal Board has yet to interpret a pre-requisite intent requirement or a intent to jharm or defraud requirement in either Section 475.624(14) or the Uniform Standards of Professional Appraisal Practice, and correctly so. 21. %It is well-settled that a hearing officer’s legal HADOAH-FREAB\Open Cases\HALL 08-6260PL\Deborah HALL 08-6260PL Exceptions.doc | 12 ADMINISTRATIVE COM IND oe EXHIBIT a pace 44 oF a DBPR v. Deborah Hall DOAH Case No:08-6260PL Exceptions DBPR Case No.| 2007036883 conclusions, as opposed to factual determinations, are not clothed with a presumption of correctness and thus, an agency is free to substitute its own conclusions of law for those of the hearing officer. Fortune Insurance Company v. Department lof Insurance, 664 So.2d, 312 (Fla. 1% DCA 1995); see also Hazloff v. City of Sarasota, 575 So.2d 1324 (Fla. 2™ DCA 1991); Bustillo v. Department of Professional Regulation, 561 So.2d 61 (Fla. 374 DCA 1990) . 22. Based on the foregoing reasons, the excepted language should be stricken. CONCLUSION 23. Section 120.57(1)'(1), Florida Statutes, empowers the Florida Real Estate Appraisal Board (FREAB) to modify or reject the findings of fact of the Administrative Law Judge if the FREAB reviews the entire record and states with particularity its | casons for the changes in its Order by citing to the record that the findings of fact were not based upon competent substantial evidence. 24. Section 120.57(1) (1), Florida Statutes, also empowers the FREAB to reject or modify the Administrative Law Judge's HADOAH-FREAB\Open Cases\HALL 08-6260PL\Deborah HALL 08-6260PL Exceptions.doc ADMINISTRATIVE CO EXHIBIT # “ PAGE 45 OF Pa i” DBPR y, Deborah Hall DOAH Case No:08-6260PL Exceptions DBPR Case No.: 2007036883 conclusions of law if the Florida Real Estate Appraisal Board states with particularity its reasons for rejecting or modifying the conclusions of law and finds that its substituted conclusions of law are as or more reasonable than that which were rejected or modified. 25. Section 120.57(1) (1), Plorida Statutes, further authorizes the Florida Real Estate Appraisal Board to reduce or increase the recommended penalty of the Administrative Law Judge if the Florida Real Estate Appraisal Board reviews the complete record and states with particularity its reasons for the changes in its order by citing to the record. WHEREFORE, Petitioner respectfully. requests that the Florida Real Estate Appraisal Board (FREAB) consider the complete record and adopt and incorporate the above-stated Exceptions to] the Recommended Order. Petitioner requests that the Florida ||Real Estate Appraisal Board enter an Order finding Respondent guilty of Count II, by having violated Section 475.624(15), Florida Statutes, by being guilty of failing to exercise reasonable diligence in developing an appraisal report; Count III, by having violated Section 475.629, Florida Statutes, by failing to retain records for H:\DOAH-FREAB\Open Cases\HALL 08-6260PL\Deborah HALL 08-6260PL Exceptions.doc 14 ADMINISTRATIVE COMPLAINT . EXHIBIT # pace _ Hle oF “ DBPRy. Deborah Hall _ DOAH Case No:08-6260PL Exceptions ; DBPR Case Nol:|2007036883 at. least five years of any contracts engaging the appraiser's services, appraisal reports, and supporting data assembled and formulated by the appraiser in preparing the appraisal |report; Count VII, by being guilty of violating Section 475.624(14), Florida Statutes, by violating the Conduct Section of the| Ethics Rule of the Uniform Standards of Professional Appraisal Practice (2006); Count VIII, by being guilty of violating [Section 475.624(14), Florida Statutes, by violating the Record |Keeping Section of the Ethics Rule of the Uniform Standards of Professional Appraisal Practice (2006); Count Ix, by being guilty of violating Section 475.624(14), Florida Statutes, by violating Standards Rule 1-1{a), (b) and (c) of the Uniform Standards of Professional Appraisal Practice (2006); Count xX, by being guilty of violating Section 475.624(14), Florida Statutes, by violating Standards Rule 1-2(d) of the Uniform Standards of Professional Appraisal Practice (2006); Count XI, by being guilty of violating Section 475.624(14), Florida Statutes, by violating Standards Rule 1-4(a) of the Uniform Standards of Professional Appraisal Practice (2006); Count XII, by being guilty of violating Section 475.624(14), Florida Statutes, by violating Standards Rule 2-1(a) and (b) of the Uniform Standards of Professional Appraisal Practice (2006); and Count XIII, by being guilty of violating Section 475.624(14), Florida Statutes, by HADOAH-FREAB\Open Cases\HALL 08-6260PL\Deborah HALL 08-6260PL Exceptions.doc Is ADMINISTRATIVE COMPLAINT EXHIBIT #__@ PAGE ut l OF “4 DBPR v. Deborah Hall DOAH Case No: 8-6260PL Exceptions DBPR Case No.: 2007036883 violating Standards Rule 2-2(b)(vi) and (viii) of the Un Standards of Professional Appraisal Practice (2006). Petit requests that Florida Real Estate Appraisal Board take notice iform ioner that Respondent has been disciplined by the Board on a prior occasion and consider such prior discipline as an aggravating circumst ance, per Rule 6171-8.002, Florida Administrative Code. Additionally, Petitioner requests that the Florida Real Estate Appraisal |Board enter an Order imposing a penalty of a three (3) year suspensi' Respondent's real estate appraisal license, followed by a two period of probation, an administrative fine of $4,500.00, cos on of year ts in the amount of $1,560.90.00, that Respondent be required to take 45 hours of education, which is in addition to any requirements for Respondent to maintain her real estate appraisal license, and include satisfactory completion of the 15 hour USPAP course shall and that Respondent be required to attend two full 2-day FREAB general meetings. H:ADOAH-FREAB\Open Cases\HALL 08-6260PL\Deborah HALL 08-6260PL Exceptions.doc 16 ADMINISTRATIVE COMPLAINT «EXHIBIT # PAGE 3 oof re ve DBPR v. Deborah Hall DOA Case No: 2007036883 Exceptions DBPR Case No,: Respectfully submitted, . cal “Ze Robert Minarcin Senior Attorney : Florida Bar No.: 0163147 Department of Business and Professional Regulation 400 W. Robinson Street Suite N801 Orlando, Florida 32801 (407) 481-5632 (407) 317-7260 fax Attorney for Petitioner CERTIFICATE OF SERVICE 08-6260PL I HEREBY CERTIFY that a true and correct copy of the above and foregoing has been furnished to Division of Real estate ve delivery, and to David Rankin, Attorney for Respondent, a hand 6540 N. Dale Mabry, Highway, Lutz, Florida 35548 by email and tacsimile this pZo/Tday of AAALL , 2009, 2 Robert Minarcin Senior Attorney HADOAH-FREAB\Open Cases\HALL 08-6260PL\Deborah HALL 08-6260PL Exceptions.doc ADMINISTRATIVE COM EXHIBIT # LAINT pace _ 44 OF STATE OF FLORIDA DIVISION OF ADMINISTRATIVE HEARINGS “ DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION, DIVISION OF REAL ESTATE, Petitioner, vs. DEBORAH M. HALL, Respondent. Case No. 08-6260PL ee ee SS Pursuant to notice, a final hearing was conducted in this case on February 24, 2009, in New Port Richey, Florida, before RECOMMENDED ORDER Administrative Law Judge R. Bruce McKibben of the Division of Administrative Hearings. For Petitioner: For Respondent: APPEARANCES Robert Minarcin, Esquire Department of Business and Professional Regulation 400 West Robinson Street, Suite N-801 Orlando, Florida 32801-1757 David P. Rankin, Esquire Law Offices of David P. Rankin, P.A. 18540 North Dale Mabry Highway Lutz, Florida 33548 ADMINISTRATIVE EXHIBIT #£ STATEMENT: OF THE ISSUE The issue in this case is whether Respondent violated standards for a certified real estate appraisal, and, if so| what sanction should be imposed. PRELIMINARY STATEMENT On March 4, 2008, Petitioner, Department of Business and Professional Regulation, Division of Real Estate (hereinafter "Department"), filed an Administrative Complaint containing||14 separate counts against Respondent, Deborah M. Hall ("Hall*)]. The Administrative Complaint alleges violations of the statutes and rules governing Florida certified residential real estate appraisers. Hall timely filed a request for a formal administrative ‘hearing, which was then forwarded to the Division of Administrative Hearings ("DOAH") on December 17, 2008. At the final hearing, the Department called two witnesses: Wendy Young, Investigative Specialist II with the Department; and Diane M. Gilbert, an expert in residential appraisal practices. The Department's Exhibits 1, 2, 6, and 7 were admitted into evidence; official recognition was taken of the Department's Exhibits 3, 4, and 5. Hall presented the testimony of two witnesses: Robert Smith, former employee of Hall; and Deborah Hall. Hall did not introduce any independent exhibits. 2 ADMINISTRATIVE CO . Pace __5| __ oF The parties advised the undersigned that a transcript would be ordered of the final hearing. They were given ten days from the date the transcript was filed at DOAH to submit proposed recommended orders. The Transcript was filed om March 25, 2009. Respondent submitted a Proposed Recommended Order on April 3, 2009; Petitioner's Proposed Recommended Order was filed on April 6, 2009. Each of the submissions was timely, and they were given due consideration in the preparation of this Recommended order. FINDINGS OF FACT 1. The Department is the state agency which is responsib for certifying and monitoring the performance of residential real estate appraisers. It derives its authority in this case from Chapter 475, Part II, Florida Statutes (2008).? The Department's headquarters are in Tallahassee, Florida. | 2. Hall is a State of Plorida certified residential rea le estate appraiser, holding License No. RD-4615. Hall resides i Port Richey, Florida. 3. The Department issued an Administrative Complaint against Hall alleging certain violations concerning an apprais al for property located at 2850 Gulf of Mexico Drive, Unit 6, Neptune of Longboat Key, Neptune Beach, Florida (the "Subject Property"). There were two appraisal reports alleged to have been issued for the Subject Property by Hall. 4. Hall was hired by Chapman and Associates, on behalf Encore Mortgage Enterprises (Encore), to do an appraisal of + Subject Property, a one-bedroom, one-bath condominium unit of the located in a one-building, 12-unit condominium on Longboat Key, Florida. The approximate square footage of the unit was 773 square feet, with 657 square feet of that space identifi as its living area. had been in May 2005, when it sold for $297,500. appraisal of the Subject Property assigned a value of $472,0 5. for the Subject Property was replete with errors. are not in dispute. the nature and extent of those errors are not material. her initial review of Appraisal 1, Hall began to make ‘corrections to the obvious errors. Appraisal 2, which is actually an updated version of Appraisal 1, as will be discussed further herein. 6. real estate appraiser working for herself. She had two employees, neither of whom was a certified real estate appraiser. appraiser for five years. During the real estate boom of 2006-2007, Hall did approximately 30 residential appraisals EXHIBIT # PAGE 53 _ oF Those err Her corrections appear in ADMINISTRATIVE CO} led The last purchase of the Subject Property Hall's alleged (OO. The original appraisal (Appraisal 1) prepared by Hall ‘ors However, based on the findings made below, Upen At all times pertinent hereto, Hall was an independent Hall has been certified as a residential real estate per PLAINT Ba) month. She is currently doing approximately ten per month, reflecting the slow-down in the real estate market in Florida}! 7. Hall's normal practice is to prepare an appraisal utilizing a specially designed appraisal software known as Aurora. ‘The Aurora software had several glitches when Hall first started using it, some pf which still exist. However, it is a generally user-friendly software program, and Hall is able to work around the glitches. 8. In April 2007, Hall's process for preparing an appraisal was as follows: Hall would give basic information about the subject property to her assistant, Robert Smith. Smith would input that basic information into an appraisal form, usually relying on the form from a recently completed appraisal ‘done by Hall. This practice is known.as "cloning, " l.e., slightly amending an existing form with new information, resulting in a completely new appraisal form. It was Smith's practice to find an appraisal from the same geographic area as the property in question so that when he cloned the form, some of the same information could be used. For example, intornat hn about the neighborhood, topography, local schools, etc., would remain the same for properties in the same proximate geographic location. 9. Once Smith finalized the draft appraisal form, he would ~ send it via email to Hall in the adjoining office. Hall would ADMINISTRATIVE COMPLAINT EXHIBIT #_3 “. pace __54 ol _ : finalize the appraisal by completing all unfinished portions of the appraisal form, correcting any errors or changes from the relied-upon form, and adding all the requisite addendums tollthe appraisal. 10. Addendums contained such items as color photos of comparable properties, property information about surrounding properties, sketches or diagrams of the subject property, maps of the area, etc. Hall considered the addendums to be her primary area of expertise and prided herself in having complete and usable addendums. 1. After emailing the draft appraisal to Hall, Smith!s job would essentially be complete. He would not see the appraisal again until Hall had finalized it into its ultimate’ form, including addenda. , 12. Hall would spend some time on the draft appraisal|| but would work on several appraisals at the same time. When an appraisal was done, she would send it back to Smith with directions to release it to the client who had ordered it. 13. Appraisal 1 on the Subject Property was cloned by Smith from an earlier appraisal Pursuant to directions from Hall. When Smith finished his preliminary work and prepared|to email the draft to Hall, the Aurora software would not allow |him to do so unless he electronically "signed" the draft with Hall's signature. (This is one of the afore-referenced glitches in||the 6 ADMINISTRATIVE EXHIBIT # PAGE_5S5 oO ee “ Aurora software.) Because of that glitch, Hall had given Smith the authority to "sign" her name for the sole purpose of emailing her the draft. The email was going from one computer in Hall's office (at Smith's desk) to another computer: in the office (at Hall's desk). 14. Neither Hall, nor Smith, intended the electronic "signing" of the draft appraisal to suggest that Hall had approved the draft. It was signed only so that the draft could be transferred via email to Hall. 15. However, when Smith sent Appraisal 1 to Hall, he alse inadvertently sent it to the client, Chapman and Associates. Brett Branning, an appraiser working for Chapman and Associates, received the draft appraisal (Appraisal 1) and apparently believed it was a final product from Hall. Branning is a. certified appraiser, and it was his job with Chapman and Associates to do a review of appraisals from outside appraisezs. Branning reviewed Hall's appraisal, determined it to be . inadequate, and then made a complaint to the Department. An investigation ensued. ‘36. During the course of the investigation, Hall was asked to submit her entire work file concerning her appraisal of th | file was Hall's somewhat corrected version of Appraisal 1. That - Subject Property to the Department. Contained within that wo is, the appraisal in Hall's work file (Appraisal 2) was a ADMINISTRATIVE) COMPLAINT, further cloned version of Appraisal 1, but it was not yet a final appraisal.* 17. Thus, when the Department investigator compared Appraisal 1 to Appraisal 2 from Hall's work file, it appeared Hall had issued a new appraisal, but had destroyed or otherwise eliminated Appraisal 1. Appraisal 2 in the work file was also replete with errors and omissions. It was, however, not a final product; it was an updated version of Appraisal 1. i8. The Department's investigator and expert witness each testified to the extreme number of errors in Appraisal 1 (as| well as, the later version). Their testimony and conclusions were credible and indicated serious errors within the subject appraisal. However, inasmuch as the appraisal at issue was |not ‘a final product and not meant for release by Hall, their findings are not relevant to the decision reached herein. 19. Hall readily and candidly admits that Appraisal 1|is incorrect, incomplete, and insufficient. However, she maintains that her electronic signature on the appraisal is not indicative of its status as a final product; rather, the signature was added solely for an internal transfer of the appraisal from jone office computer to another. Both her and Smith's testimony jin this regard is credible. ADMINISTRATIVE COMPLAINT 8 EXHIBIT # PAGE __9'T OF CONCLUSIONS OF LAW . 20. The Division of Administrative Hearings has _jurisdiction over the parties to and the subject matter of this proceeding pursuant to Section 120.569 and Subsection 120.57(1), Florida Statutes (2008). 21. Licensure revocation proceedings are penal in nature} It is incumbent upon the Department in such cases to prove, by! clear and convincing evidence, the truthfulness of the allegations against the licensee. Department of Banking and Finance v. Osborne Stern and Co., 670 So. 2d 932 (Fla. 1996); Perris v. Turlington, 510 So. 2d 292, 295 (Fla. 1987). 22. The clear and convincing evidence standard requires: {T]hat the evidence be found to be credible, the facts to which the witnesses testify -must be distinctly remembered; the testimony must .be precise and explicit and the witnesses must be lacking in confusion as to the facts at issue. The evidence must be of such a weight that it produces in the mind of the trier of fact a firm belief or conviction, without hesitancy, as to the truth of the allegations to be established. Slomowitz v. Walker, 429 So. 2d 797, 800 (Fla. 4th DCA 1983). 23. The evidence presented by the Department's witnesses was indeed clear and convincing as to the errors that appeared in Appraisal 1, which Hall had initially prepared. Both the investigator and the expert called by the Department provided Ln excellent description of the facts. However, there is no ADMINISTRATIVE 5 EXHIBIT # PAGE __58 OMPLAINT, credible testimony from the Department that Appraisal 1 was||a final product, intended by Hall to be the result of her work on that job. The fact that an electronic signature appeared on the appraisal was sufficiently explained by Hall and Smith as an accident, pure and simple.‘ 24. The Department has alleged violation by Hall of elles particular statutory provisions: Sections 475.624, 475.6221), and 475.629, Florida Statutes, which are set forth in pertinent part below. 475.624 Discipline.--The board may deny - an application for registration or certification; may investigate the actions of any appraiser registered, licensed, or certified under this part; may reprimand or impose an administrative fine not to exceed $5,000 for each count or separate offense against any such appraiser; and may revoke or suspend, for a period not to exceed 10 years, the registration, license, or certification of any such appraiser, or place any such appraiser on probation, if it finds that the registered trainee, licensee, or certificateholder: * * * (2) Has been guilty of fraud, misrepresentation, ‘concealment, false promises, false pretenses, dishonest conduct, culpable negligence, or breach of trust in any business transaction in this state or any other state, nation, or territory; has violated a duty imposed upon her or him by law or by the terms of a contract, whether written, oral, express, or implied, in an appraisal assignment; has aided, assisted, or conspired with any other person engaged in any such misconduct and in 10 ADMINISTRATIVE COMPLAINT furtherance thereof; or has formed an intent, design, or scheme to engage in such misconduct and committed an overt act in furtherance of such intent, design, or scheme. It is immaterial to the guilt of the registered trainee, licensee, or certificateholder that the victim or intended victim of the misconduct has sustained no damage or loss; that the damage or loss has been settled and paid after discovery of the misconduct; or that such victim or intended victim was a customer or a person in confidential relation with the registered trainee, licensee, or certificateholder, or was an identified member of the general public. * * * (4) Has violated any of the provisions of this part or any lawful order or rule issued under the provisions of this part or chapter 455. * * * (6) Has had a registration, license, or certification as an appraiser revoked, suspended, or otherwise acted against, or has been disbarred, or has had her or his registration, license, or certificate to practice or conduct any regulated profession, business, or vocation revoked or suspended by this or any other state, any nation, or any possession or district of the United States, or has had an application for such registration, licensure, or certification to practice or conduct any regulated profession, business, or vocation denied by this or any other state, any nation, or any possession or district of the United States. (10) Has been found guilty, for a second time, of any misconduct that warrants ADMINISTRATIVE EXHIBIT # *. PAGE __ oO 11 COMPLAIND OF disciplinary action, or has been found guilty of a course of conduct or practice t which shows that she or he is incompetent, negligent, dishonest, or untruthful to an extent that those with whom she or he may sustain a confidential relationship may not safely do so. (14) Has violated any standard for the development or communication of a real estate appraisal or other provision of the Uniform Standards of Professional Appraisal Practice. (15) Has failed or refused to exercise reasonable diligence in developing an appraisal or preparing an appraisal report. 475.6221 Employment of and by registered trainee real estate appraisers.-- (1) A registered trainee real estate appraiser must perform appraisal services under the direct supervision of a licensed or certified appraiser who is designated as. ‘the primary supervisory appraiser. The primary supervisory appraiser may also designate additional licensed or certified appraisers as secondary supervisory appraisers. A secondary supervisory appraiser must be affiliated with the same firm or business as the primary supervisory appraiser and the primary or secondary supervisory appraiser must have the same business address as the registered trainee real estate appraiser. The primary supervisory appraiser must notify the Division of Real Estate of the name and address of any primary and secondary supervisory appraiser for whom the registered trainee will perform appraisal services, and must also notify the division within 10 days after terminating such relationship. Termination of the relationship with a primary supervisory 12 ADMINISTRATIVE EXHIBIT # appraiser automatically terminates the relationship with the secondary supervisory appraiser. 475.629 Retention of records.--An appraiser registered, licensed, or certified under this part shall retain, for at least 5 years, original or true copies of any contracts engaging the appraiser's services, appraisal reports, and supporting data assembled and formulated by the appraiser in preparing appraisal reports. The period for retention of the records applicable to each engagement of the services of the appraiser runs from the date of the submission of the appraisal report to the client. These records must be made available by the appraiser for inspection and copying by the department on reaSonable notice to the appraiser. If an appraisal has been the subject of or has served as evidence for litigation, reports and records must be retained for at least 2 years after the trial. 25. There has not been any showing by the Department that Hall's unintentional and mistaken "publication" of Appraisal 1 was violative of any statutory prohibition set forth above. Clearly, there was never any intent on Hall's part te do anything improper or fraudulent. Nor were smith's actions--for which Hall was responsible--intentional or meant to harm, defraud or otherwise harm a ‘client. 26. In short, the Department did not, by clear and convincing evidence, establish the violations set forth in the Administrative Complaint. ADMINISTRATIVE COMPLAINT 13 EXHIBIT #__ _ PAGE (9% OF RECOMMENDATION ° Based on the foregoing Findings of Fact and Conclusions Law, it is RECOMMENDED that a final order be entered by Petitioner| Department of Business and Professional Regulation, Division Real Estate, dismissing the complaint against Deborah M. Hall. DONE AND ENTERED this 8th day of April, 2009, in Tallahassee, Leon County, Florida. KE MN. R. BRUCE MCKIBBEN Administrative Law Judge of of Division of Administrative Hearings The DeSoto Building 1230 Apalachee Parkway Tallahassee, Florida 32399-3060 (850) 488-9675 Fax Filing (850) 921-6847 www.doah.state.fl.us Filed with the Clerk of the Division of Administrative Hearings this 8th day of April, 2009. ENDNOTES 1 petitioner's Proposed Recommended Order violates Florida Administrative Code Rule 28-106.215 in that it exceeds 40 pages without leave of the Administrative Law Judge. However, in light of the ruling herein, there is no prejudice to Responde caused by the violation. 2/ Florida Statutes in this Recommended Order shall be to the 20 version. ADMINISTRATIVE CQ 14 EXHIBIT # A PAGE 63 gg ne Unless particularly stated to the contrary, all references to 08. LAINT 4, 7 34 In fact, by that time, Hall had been notified by her client to stop doing work on the file, and she had not taken steps to ; , further finalize the appraisal. ‘/ Ironically, Respondent's Proposed Recommended Order contains errors (see paragraphs 17 and 22), which are clearly mistakes and were not meant to be part of the final product. This is amusingly indicative of the adage that, "Mistakes happen.” COPIES FURNISHED: Thomas W. O'Bryant, Jr., Director Division of Real Estate Department of Business and Professional Regulation 400 West Robinson Street, Suite N-802 Orlando, Florida 32801 Ned Luczynski, General Counsel Department of Business and Professional Regulation 1940 North Monroe Street Tallahassee, Florida 32399-0792 Robert Minarcin, Esquire Department of Business and Professional Regulation 400 West Robinson Street, Suite N-801 Orlando, Florida 32801-1757 David P. Rankin, Esquire Law Office of David P. Rankin, P.A. 18540 North Dale Mabry Highway Lutz, Florida 33548 NOTICE OF RIGHT TO SUBMIT EXCEPTIONS All parties have the right to submit written exceptions within 15 days from the date of this Recommended Order. Any exceptions to this Recommended Order should be filed with the agency that will issue the Final Order in this case. ADMINISTRATIVE COMPLAINT EXHIBIT # 15 a STATE OF FLORIDA DEPARTMENT OF BUSINESS & PROFESSIONAL REGULATION FLORIDA REAL ESTATE APPRAISAL BOARD FLORIDA DEPARTMENT OF BUSINESS & PROFESSIONAL REGULATION, DIVISION OF REAL ESTATE, Petitioner, Vv CASE NO. 2007036883 DEBORAH M. HALL, Respondent. / ' ADMINISTRATIVE COMPLAINT The Florida Department of Business & Professional Regulation, Division of Real Estate ("Petitioner") files this Administrative Complaint against Deborah M. Hall (“Respondent”), and alleges: ESSENTIAL ALLEGATIONS OF MATERIAL FACT _1. Petitioner is a state government licensing and-regulatory agency charged with the responsibility and duty to prosecute Administrative Complaints pursuant to the laws State of Florida, including Section 20.165 and Chapters 120, 455 and 475 of the Florida Statutes, and the rules promulgated thereunder. 2. Respondent is currently a Florida state certified residential real estate apprai been issued license 4615 in accordance with Chapter 475 Part IT of the Florida Statutes! 3. The last license the State issued to Respondent was as a state certified active 1 ser having residential real estate appraiser under probation with an address of 10321 Huckleberry Drive, Port Richey, Florida 34668. ADMINISTRATIVE COMPLAINT EXHIBIT #__a [ern aetna *. PAGE _ {95 if ——— “ . FDBPR v. Deborah M. Hall Case No. 2007036883 Administrative Complaint 4. On or about April 9, 2007, Deborah M. Hall (Respondent) and Robert Smith developed and communicated an appraisal report (Report 1) for the property commonly known as 2850 Gulf of Mexico Drive, Unit 6, Neptune of Longboat Key, Longboat Key, Florida 34228 (Subject Property), and estimated its value at $472,000.00. A copy of Report | is attached hereto and incorporated herein as Administrative Complaint Exhibit 1. 5. Atthe time Report 1 was developed and communicated, Respondent was a State Certified Residential real estate appraiser who supervised Robert Smith, a Registered Trainee|real estate appraiser. 6. At the time Report 1 was developed and communicated, Respondent did not have Robert Smith registered with the Division of Real Estate as a trainee under the supervision of the Respondent. 7. Respondent made the following general errors and omission in Report 1: A) Incorrect unit number of the Subject Property in the Subject section of the eport; B) Misstates in the Contract section of Report | that the transaction for the Subject Property was not a purchase transaction, when it was; C) Misstates that Respondent did not view contract because it was not a sales transaction, then states the contract price, contract date and that no financial assistance was to be paid; D) Lists Subject Property in the Unit Description section of Report 1 as a 2 bedroom, when sketch in Respondent’s work file shows Subject Property as a 1 bedroom, E) Lists Subject Property as being on the first floor of the project, when it is on the second floor; 2 ADMINISTRATIVE fOMP INT, Ba) +? FDBPR v. Deborah M. Hall Case No. 2007036883 Administrative Complaint 8. Respondent made the following errors and omission in the Sales Comparison Analysis : Section of Report 1: A) Failure to note or explain why two listings in Subject Property project, which were larger and listing for less than the appraised value of the Subject Property ($399,000 and $369,000, respectively), as evidenced by MLS records, where not used. Copies of the MLS records for the two ' listings are attached hereto and incorporated herein as Administrative Complaint Composite Exhibit 2; B) Lists Common Elements for Subject Property as Pool, Tennis, Club and BBQ, when it has none of these facilities; C) Lists Subject Property as having 2 bedroom, when documents in the work file and public records show that Subject Property has only 1 bedroom; D) Adjustment for both room count and square footage, without explanation of itts necessity or market support of its accuracy, for comparable sale 1; E) Incorrect sale date for comparable sale 1; Respondent lists date as November 2006, when comparable sale 1 sold in November 2005; F) Incorrect Floor Location of comparable sale 1; G) Failure to note private beach and community boat dock facilities for comparable sale 1; H) Adjustment for both room count and square footage, without explanation of its necessity or market support of its accuracy, for comparable sale 2; I) Misstates Proximity to Subject Property of comparable sale 2; Respondents lists .01 miles NW, when comparable sale 2 is approximately 9.25 miles south of Subject Property; AUN NISTRATIVE COMI EXHIBIT # 7 PAGE _. (ol oF LAINE ry FDBPR v. Deborah M. Hall Case No. 20070: Administrative Complaint J) Incorrect Floor Location of comparable sale 2; 6883 K) Failure to note that comparable sale 2 sold furnished, as evidenced by MLS records; L) Failure to note superior amenities of comparable sale 2; M) Adjustment for both room count and square footage, without explanation ofits necessity or market support of its accuracy, for comparable sale 3; N) Failure to note comparable sale 3 has deeded beach access; O) Misstates Proximity to Subject Property of comparable sale 3; Respondents lists .58 miles NW, when comparable sale 3 is approximately 10 miles south of Subject Property; P) Incorrect sale date for comparable sale 3; Respondent lists date as June 2006, when comparable sale 3 sold in January 2007; ; Q) Failure to note that comparable sale 3 sold furnished, as evidenced by MLS records; and R) Failure to note superior amenities of comparable sale 3. Copies of the MLSrecords and the Sarasota County Property Apptaiser’s records for the Subject Property and the comparable sales on Report | are attached hereto and incorporated herein as Administrative Complaint Composite Exhibit 3. Copies of MSN Map directions from Subject Property to all comparable sales are attached - hereto and incorporated herein as Administrative Complaint Exhibit 4. 9, Additionally, Respondent failed to acknowledge the assistance of Robert Smith, a Registered Trainee real estate appraiser in Report 1. | 10. On or about June 18, 2007, Respondent prepared amendments to R ort 1, and communicated it to the Client (Report 2), wherein the Respondent corrected some of the misinformation on Report 1. These revisions included correcting the Sales Contract information on EXHIBIT # PAGE __(o3___ OF | ADMINISTRATIVE COMPLAINT “4 FDBPR v. Deborah M. Hall . Case No. 2007036883 Administrative Complaint Report 1, correcting the Floor Location of the Subject Property, correcting the bedroom count of the Subject Property and correcting the list of common elements for the Subject Property. Alditionally, . Respondent adjusted the original market value on Report | to a new market value of $470,000.00. However, errors and omission were still present on Report 2. A copy of Report 2 is hed hereto and incorporated herein as Administrative Complaint Exhibit 5. 11. Respondent made the following general errors and omission in Report 2: A) Lists effective date of Report 2 as April 2, 2007, on the cover page of the Report, but lists effective date as April 9, 2007, in the Reconciliation section of the Report and on the! Signature Certification page. 12. Respondent made the following errors and omission in the Sales Comparison Analysis Section of Report 2: _ A) Use of comparable sales that were located approximately 5 to 10 miles from the Subject Property; . B) Use of comparable sale 1, which sold in June 2007, outside the effective ‘date of the Report; C) Failure to make an adjustment or provide an explanation for no adjustment with regard to comparable sale 1 being 19 years older than the Subject Property; D) Failure to note that comparable sale 2 sold furnished, as noted by MLS data; E) Incorrect Floor Location for comparable sale 2; F) Failure to note that comparable sale 2 was on a rental program; G) Incorrect room count for comparable sale 2; ADMINISTRATIVE COMPLAINT EXHIBIT a ain “s PAGE 4 OF. FDBPR v. Deborah M. Hall Case No. 2007036883 Administrative Complaint H) Failure to note superior upgrades on comparable sale 2, as evidenced by MILS data; I) Incorrect sale date for comparable sale 3, Respondent lists date as June 2006, when comparable sale 3 sold in January 2007; J) Adjustment for both room count and square footage, without explanation of its necessity or market support of its accuracy, for comparable sale 3; K) Failure to note comparable sale 3 has deeded beach access; L) Failure to note that comparable sale 3 sold furnished, as evidenced by MLS records; M) Incorrect sale date for comparable sale 4; Respondent lists date as January 2007, when comparable sale 4 sold in June 2007, after the effective date of the Report; N) Lists tennis court under Rec. Facilities for comparable sale 4, when the project does not have one; O) Failure to note superior upgrades of comparable sale 4; . P) Failure to explain and distinguish the adjustments for the views of the comparable sales, where all either have “Gulf/Condo“ view or “Gulf/Bay “and adjustments are made to only two for similar views; and Q) Use of comparable sale 5 that sold in May 2007, after the effective date af Report 2. Copies of the MLS records and the Sarasota County Property Appraiser’s records for the Subject Property and the comparable sales on Report 2 are attached hereto and incorporated herein as Administrative Complaint Composite Exhibit 6. 13. Additionally, Respondent failed to acknowledge the assistance of Robert Smith, a Registered Trainee real estate appraiser in Report 2. ‘ ADMINISTRATIVE COMPLAINT EXHIBIT #__Q PAGE 10 oF te “a FDBPR y. Deborah M. Hall Case No. 2007036883 Administrative Complaint 14. There is no documentation to support the $65/square foot adjustments comparable sales in Report 1 and Report 2. 15. Respondent’s work file lacks documents to support the HOA monthly Subject Property and all comparable sales in Report 1. 16. Respondent’s work file lacks documents to support the HOA monthly Subject Property and all comparable sales in Report 2. made to all L. for the ees for the 17. The work file fails to include any documentation to support any listed information for comparable sale 1 in the Sales Comparison section of Report 1. 18. The work file lacks any MLS data for the Subject Property or any comparable sales in Report 1, although Respondent maintains in Report that this was a data source. 19. The work file lacks any MLS data for the Subject Property or any comparable sales in Report 2, although Respondent maintains in Report that this was a data source. 20. The work file fails to include a true copy of Report 1. 21. There is no documentation in the work file to support the $15,000 “Common Elements” adjustments in the Sales Comparison section for comparable sales 1 of Report 2. 22. There is no documentation in the work file to support the $10,000 “Common Elements” adjustments in the Sales Comparison section for comparable sales 2, 3, 4 and 5 in Report 2. 23. There is no docurnentation in the work file to support the $1,500 “Porch/Patio/Deck” adjustment in the Sales Comparison section for comparable sale 1 in Report 2. 24. There is no documentation in the work file to support the “gross living area’ noted for comparable sale 2 in the Sales Comparison section of Report 2. 7 ADMINISTRATIVE COMPLAINT: EXHIBIT # pace __!l OF “i FDBPR v. Deborah M. Hall Case No. 2007036883 Administrative Complaint 25. There is no documentation in the work file to support the $12,000 “age” adjustment made to comparable sale 3 in the Sales Comparison section of Report 2. 26. There is no documentation in the work file to support the $20,000 “Bay/ adjustment to comparable sale 1 in the Sales Comparison section of Report 2. ndo” view 27. There is no documentation in the work file to support the $5 0,000 “Gulf/Condo” view adjustment to comparable sale 4 in the Sales Comparison section of Report 2. A copyjof the work file for Report 1 and Report 2 is attached hereto and incorporated herein as Administrative Compiaint Exhibit 7. 28. Respondent was previously disciplined by the Florida Real Estate Appraisal Board in case number 2003084535. A copy of the Final Order is attached hereto and incorporated herein as Administrative Complaint Exhibit 8. COUNT I Based upon the foregoing, Respondent is guilty of misrepresentation, dishonest conduct, culpable negligence, or breach of trust in any business transaction in violation of Section 475.624(2), Florida Statutes. COUNT II Based upon the foregoing, Respondent is guilty of having failed to exercise reasonable diligence in developing an appraisal report in violation of Section 475.624(15), Florida! COUNT III Statutes. Based upon the foregoing, Respondent is guilty of failure to retain records for at least five years of any contracts engaging the appraiser’s services, appraisal reports, and supperting data 8 AUMINISTRATIVE C EXHIBIT #_al MPLAINT, FDBPR v Deborah M. Hall Case No. 2007036883 Administrative Complaint assembled and formulated by the appraiser in preparing appraisal reports in violation of Section 475.629, Florida Statutes, and, therefore, in violation of Section 475.624(4), Florida Statutes. | COUNT.IV Based upon the foregoing, Respondent is guilty of failing to Perform appraisal services under the direct supervision of a licensed or certified appraiser who is designated as the primary supervisory appraiser in violation of Section 475.6221(1), Florida Statutes and, therefore, in violation of Section 475.624(4), Florida Statutes. COUNT V Based upon the foregoing, Respondent is guilty of having been found guilty, for a second time, of any misconduct that warrants disciplinary action, or has been found guilty of a course of conduct or practice which shows that he is incompetent, negligent, dishonest, or untruthful to an extent that those with whom he may sustain a confidential relationship may not safety do so in violation of Section 475.624(10), Florida Statutes. . . COUNT VI Based upon the foregoing, Respondent is guilty of having had a registration suspended, revoked, or otherwise acted against in any jurisdiction in violation of Section 475.624(6), Florida Statutes. | COUNT VII Based upon the foregoing, Respondent has violated a standard for the development or communication of a real estate appraisal, specificaily the Conduct Section of the Ethics Rule, or other provision of the Uniform Standards of Professional Appraisal Practice (2006) in violation of PDB. Deborah M. Hail Case No. 2007036883 Administrative Complaint Section 475.624(14), Florida Statutes. : COUNT VIII Based upon the foregoing, Respondent has violated a standard for the development or communication ofa real estate appraisal, specifically the Recordkeeping Section of the Ethics Rule, or other provision of the Uniform Standards of Professional Appraisal Practice (2006) in|violation of Section 475.624(14), Florida Statutes. COUNT IX Based upon the foregoing, Respondent has violated a standard for the development or communication of a real estate appraisal, specifically Standards Rule 1-1(a), (b) and ¢c), or other provision of the Uniform Standards of Professional Appraisal Practice (2006) in violatio! of Section 475.624(14), Florida Statutes, COUNT X Based upon the foregoing, Respondent has violated a standard for the development or communication of real estate appraisal, specifically Standards Rule 1-2(d), or other proyision of the Uniform Standards of Professional Appraisal Practice (2006) in violation of Section 475.624(14), Florida Statutes. COUNT XI Based upon the foregoing, Respondent has violated a standard for the development or communication of a real estate appraisal, specifically Standards Rule 1-4(a), or other proyision of the Uniform Standards of Professional Appraisal Practice (2006) in violation of Section 475.624(14), Florida Statutes. ADMINISTRATIVE COMPLAINT, EXHIBIT #_2 10 PAGE 29 __ 1 FDBPR v. Deborah M. Hall Case No. 2007036883 Administrative Complaint COUNT XII ’ Based upon the foregoing, Respondent has violated a standard for the development or communication of a real estate appraisal, specifically Standards Rule 2-1(a) and (b), or other [ provision of the Uniform Standards of Professional Appraisal Practice (2006) in violation|of Section 475.624(14), Florida Statutes. COUNT XIII Based upon the foregoing, Respondent has violated a standard for the development or communication of a real estate appraisal, specifically Standards Rule 2-2(b)(vi) and (vili), or other provision of the Uniform Standards of Professional Appraisal Practice (2006) in violation of Section 475.624(14), Florida Statutes. COUNT XIV Based upon the foregoing, Respondent has violated a standard for the development or communication of a real estate appraisal, specifically Standards Rule 2-3, or other provision of the Uniform Standards of Professional Appraisal Practice (2006) in violation of Section 475.624(14), Florida Statutes. WHEREFORE, Petitioner respectfully requests the Florida Real Estate Appraisal Board, or the Department of Business and Professional Regulation, as may be appropriate, to issue a Final Order as final agency action finding the Respondent(s) guilty as charged. The penalties which may be imposed for violation(s) of Chapter 475 of the Florida Statutes, depending upon the severity of the offense(s), include: revocation of the license, registration, or certificate; suspension of the license, registration or certificate for a period not to exceed ten (10) years; imposition of an administrative i ADMINISTRATIVE | COMPLAINT EXHIBIT #_a PAGE 75" _ lor if FDBPR v. Deborah M. Hall Case No. 2007036883 Administrative Complaint fine of up to $5,000 for each count or offense; imposition of investigative costs; pee of a ‘ reprimand; imposition of probation subject to terms including, but not limited to, requiring the licensee, registrant, or certificate holder to complete and pass additional appraisal education courses; publication, or any combination of the foregoing which may apply. See Section 475.624, Florida Statutes and Rule 61J1-8.002, Florida Administrative Code. The penalties which may be imposed for violation(s) of Chapter 455 of the Florida Statutes, depending upon the severity of the offense(s), include: revocation of the license, registration, or certificate; suspension of the license, registration, or certificate for a period not to exceed ten (10) years; imposition of an administrative fine of up to $5,000 for each count or offense; imposition of investigative costs; issuance of a |reprimand; imposition of probation subject to terms including, but not limited to, requiring the licensee, registrant, or certificate holder to complete and pass additional appraisal education courses; publication; restriction of practice; injunctive or mandamus relief; imposition of a cease and desist _ order; or any combination of the foregoing which may apply. See Section 455.227, Fla. Lats and Florida Administrative Code Rule 61J1-8.002. SIGNED this Af day Mert. 2008. Florida Department of Business ar ee * wg ae: ot Pies Professional Regulation austmnent of Professional "Regs : . Division of Real Estate Thomas O Bryant, Jr., Director Division of Real Estate Y ADMINISTRATIVE | COMPLAINT EXHIBIT #_a pace ___?& Jlor FDBPR¥! Deborah M. Hall Case No. 2007036883 Administrative Complaint ATTORNEY FOR PETITIONER! Robert Minarcin, Senior Attorney Fla, Bar No. 163147 Division of Real Estate Legal Section 400 W. Robinson Street, N801 Orlando, Florida 32801-1757 (407) 481-5632 (407) 317-7260 - FAX PCP: JH/PA 3/08 NOTICE TO RESPONDENTS PLEASE BE ADVISED that mediation under Section 120.573 of the Florida Statutes, is not available for administrative disputes involving this type of agency|action. PLEASE BE FURTHER ADVISED that pursuant to this Administrative Complaint you may request, within the time allowed by law, a hearing to be conducted in this matter in accordance with Sections 120.569 and 120.57 of the Florida Statutes; that you have the right, at your option and expense, to be represented by counsel or other| qualified representative in this matter; and that you have the right, at your option and expense, to take testimony, to call and cross-examine witnesses, and to have subpoena and subpoena duces tecum issued on your behalf if a formal hearing is requested. PLEASE BE FURTHER ADVISED that if you do not file an Election of Rights form or some other responsive pleading with the Petitioner within twenty-one (21) days of receipt of this Administrative Complaint, the Petitioner will file with the Florida Real Estate Appraisal Board 2 motion requesting an informal hearing and entry of an appropriate F) inal | Order which may result in the suspension or revocation of your real estate jlicense or registration. Please see the enclosed Explanation of Rights and Election of Rights form. ADMINISTRATIVE COMPLAINT EXHIBIT #_& ” PAGE 77 F 13 FROM: Dederah M, Hall & Assoc, , Abpratce ILAS 9149 Osseola De, Now Port Richey, FL 34654 Yatephone Humber: 727-862-4242 Fax Humber: 727-862-4200 Te Encore Mortgage Enterprises 1000 S. Baicher Re. Unit B12 ‘Largo, PL 39774 ‘Tolaphorm Number: (321) 206-6838 Aborats Number: ARMIN SS | Dae COMPA a PAGE Lenser Casg #: 2 Cont Fle Kiln Fle # ceform Encore Mortgage Enterprier Ghee Fin? onterm: 2850GuifoIMexieaLongs Federal Tax ID: 20-2120070 Employer (a: ADMINISTRATIVE] COMPLAINT. EXHIBIT_2huisit 2_| PAGE less "| or APPRAISAL OF REAL PROPERTY LOCATED AT; 7250 Gut Of Mexico Or Unit 8, Neptune On Longgioat Key Longéion! Key, FL 34228-2018 FOR: Encore Morigage Entorpisos, 1000 8. Baicher Rd. Unit B-12 Lango, Fl 33774 AS OF: Aorl 08, 2007 BY: Deborah M. Hall Appraise il Al & Assoc. - ~ 9140 Osceola Drive New Port Richoy, FL 34554 Pht 727-862-4242 Pret. 727-882-4200 Deboreh M. Hal St. Cart. Res. Ros. Rd. #4615 ADMINISTRATIVE COMPLAINT EXHIBIT 2. EXHIBIT #f— EXHIBIT #2) eacE ode PAGE ___727 oF PAGE loi __ SEA SUUTAL opm cee ty 3 eed Me — enna ADWINISTRATIVE GPMPLAINT. Appraise it All 9140 Osceola Drive New Fort Richey, Fl 34654 Ph: 727-862-4242 fxd 727-882-4200 Apri 02, 2007 Encore Morigage Entarprisas 1000 S. Belcher Ra, Unit 8-12 Largo, FL 33771 Re: Property. 2850 Guif Of Mexico Or LongBoat Key, FL 34228-2918 Borrower, General Consultants or Assignee File No. tsDEBO7041204 in accerdance with your request, we have appraised the abova raferancad property. The raport of that appraisal Is attached, : The purpose of this appraisal js io astimate the market value of the property described in thie appraisal report, as improved, in unencumbered fee simple titfe of ownership. This report is based on # physical analysis of the site and improvements, a locational analysis of the neighborhood snd cy, and an economic analysis of the market for properties such as the subject, The appraisal was developed and the Taport was prepared in accordance with the Uniform Standards of Professional Appraisal Practice. The value conclusions reported are as of the effective date stated in the body of the report and contingent upon the certification and fimiting conditions attached. {thas been a pleasure to assist you. Please do not hesitate to contact me or.any of my staff if we can be of additional | | service to you. * * Ay. ADMINISTRATIVE COW EXHIBIT #2 EXHIBIT_2t PAGE pace BO OF = Pace ya exnipit #{ i} Borrowe/Clent_ Genera! Consultants or Assignee + Property Address 2850 Gulf Of Mexico Dr t LongBoat Ke: County Sarasota State_ FL p Cody 34228-0918 Lander Encore Mortgage Enterprises DIGITAL SIGNATURES ELECTRONIC SIGNATURES ARE UTILIZED IN THIS REPORT. THE UNIFORM STANDARDS OF PROFESSIONAL APPRAISAL PRACTICE AND THE APPRAISAL STANDARDS BOARD STATE THAT ELECTRONICALLY AFFIXING A SIGNATURE TO A REPORT CARRIES THE SAME LEVEL OF AUTHENTICITY AND RESPONSIBILITY AS AND INK SIGNATURE ON A PAPER COPY REPORT (THE TERM "WRITTEN RECORDS" INCLUDES INFORMATION STORED ON ELECTRONIC, MAGNETIC OR OTHER MEDIA). ALL ELECTRONIC SIGNATURES IN THIS REPORT HAVE A SECURITY FEATURE MAINTAINED BY INDIVIDUAL PASSWORDS FOR EACH SIGNING APPRAISER. NO PERSON CAN ALTER THE APPRAISAL WITH THE EXCERTION OF THE ORIGINAL SIGNING APPRAISER(S). ADMINISTRATIVE COMPLAINT © EXHIBIT_3\ EXHIBIT #. _ PAGE _ 163 __ PAGE 4 OF ADM! BiT # NISTRATIVE COMPLAINT: i Jopralon WAN ET) a10-4315° Sah Soa aaa ! Toraat_ [1 Wace 3 eve] onc zpert Pei rea sire [i Leseine Cjomeriemerme CC , iB] Acsionmont Typa _b¢ Purchese Transact |] Relitance Trarasction |_| Ocher (describe) i Vi f e 3 get arpris 5. Unit B Largs 5 i Lends? i 5 transectior ‘Filcomes hice s «70.000 Gao Comat acgara0oy le fa propery elo We ovee a pS rooney [Dom Soa | RHOOD REIGHB: Dif Gat sourcofe) (ce rvject WYormation NLS, Pub Rac, Lender, Win 2, Micra. aks fe [# of Units for Sols "got Unis forSae INVA Cc Froddis Mac Fon 466 Maren 2005 Page 1 ot 6 Fannie Mae Foon 1073 Merch 2005 Fem 1073. — MATOTAL* oma sata by ae mec, e. — 1-200. ALAMODE ADMINISTRATIVE COMPLAINT, EXHIBIT_34 apwiniSTRATIVE cprLaNs , HIBIT # at & ee PAGE _ 14 LET g PAGE __$2 op St an Boor a insnortion. The de mix Bos Beseriba Ihe common eiimertt ard recreatural feciifes. Common elements include, common entrance Art ary comenan clomants inased fo cr by Sie Homeowners’ Association? [Yes SJ No i Yes, describe the contat toons and optoa, fl te procre re? ] Yes DONO TrVes, § 58 T MFORRATION PROJECT ‘Ata tha parking facilities adequate for the stoic! gira and byea? [5 Cire AG (7 individual AC [Bat BG) Canin! AG ¢ histo property and comps rep prior sales on page a. COMPARABLE SALE #1 INopriersslen [Na prig p : ! Feaddie Mut Fawn 4th Maroh 2005 ‘ Page Zorg Fannie Maa Form 1079 March 2005 Form 1073 — “ehatTOTAL: sppratsal software hy 4a mods, inc. — 1-BO0-ALAMODE, | OMINISTRATIVE COMPLAINT. ADMINISTRATIVE COMPLAINT: EXHIBIT 3) __ owns i | EXHIBIT #2 PAGE _l0¢ eager OF PAGE 3 oF —__—— * oo Serra! 11/2006 Residential Besiseriet Hy ae te —_pin__lst_— Me aes — Reps) aos | fondo Gu e [Conda/Ava _—_ICondolavea | AN fel z[itysi 2,27 ac stzj2) ood [1.5 | SALES COMPARISON APPROS RECONCILIATION This appraisal [s wade Dg “as L) subject to completion per pleas and specticalons on the basis Of a hyacihatical condiion Thai lhe impravermanls havo dean cone, Ge eg een ore oe oper eh eg pene es rome C) stop oe rxirad Inepectio based on fs erent dons not iteration f Frnette Mac Form 485 March 2005 Page Jat & Fannie Mas Form 1073 March 2005 Rr NRTA ans sre by ec, — HOLA SON IISTRATIVE CO ADMINISTRATIVE COMPLAINT in OMPLAINT. 4 EXHIBIT &t ae # EXHIBIT #<2 PAGE Cont ane pace __% ‘(oF a Individual Condominium Unit creer Menten Ea This report form is designed to report an appraisal of @ unit in a condominium project or » condominium unit in a planned unit development {PUD). This repart form is not designed to raport an appraisal of 2 marutfactured home or 2 unit in a caoperstive project. ‘This appraisal report is subject to the following scape of work, intended use, intended user, defmition of market vatue, Statamant of assumptions and limiting conditiens, and certtilcations. Modifications, additions, ar delations to the intendod use, intended user, definition of market value, or assumptions and limiting conditions are nat permined. The appraiser may fpand the scope ot work to meclude any additional research or analysis necessary basad on the complexity of this appraisal, a assignment. Modifications or datations to the certifications ara alsa not permitted. However, additional certifications that da nat consthute material alterations fo this appraisat report, such 25 these required by law or those related to the appraiser's continuing education or membership In an appraisal organization, ara parm : - SCOPE OF WORK: The scope of work for this appratsal Is detinad by tha complenity of this appraisal assignment and the reporting requirements of this appralsal report form, including the following definition of market value, statement of assumptions and Imiting conditions, and cortificatlons. The appralser must, at 2 minimum: {1} perform a complete visual inspection of the Interior and exterior areas of the subject unit, (2) inspect and analyze the condominium projact, (3) inspect the neighdornood, (4) Inspect each of the comparatia sales from at least tha street, (5) research. verify, and analyze data from raliabla pubic and/or private sources, and (6) report his or her analysis. opinions, and conclusions in this appraisal INTENDED USE: The Intended use of this appralsal report is for the tendet/cliert to avaluats the property that is the subject of this appraisal for a mortgape finance Tansaction, INTENOED WSER; ‘he intended user of this appraise! report is the lendet/cllent. MARKET VALUE: The most probsbie price which a property should bring in @ competitive and open market under alt conditions requiske to a fair sale, the buyer and seller, each acting prudently, knowiedgeably and assuming the affected by undue stimulus. Implicit in this definidon Is the consummation of a sale as of 2 specified date and the thle from seller to buyer under conditions whereby: (1) buyer and seller are typically motivated; (2) both partics are Informed or well advisad, and each acting in what he or she considers his ar har own best interest, (3) 2 teasomal alowed for exposure in the open market; (4) payment ig made in terms of cash in U. 8. dollars or in terms arrangements comparable thereto: and (5) the prica reprasants the normsl consideration for the property sold unaffected by special or creative Inancing of salas concassions* granted by anyone associated with the Sale. Adjustments to tha compérables must be made for spacial or creative financing or sales concessions. No adjustments are hacassary for these costs which are normally paid by sellers as 2 result of tradition or law In a market area; those costs are readily identifiable sinca the cellar pays these costs in virtually all sales transactions. Special or creative financing aglustments can be made wo the comparable property by comparisons to financing torms offerad by a third party institutional lander that Is not already involved in the property or vansaction. Any adiustment shauld not be calculated on a mechanical dollar for dolar cost of the financing or concession but the dollar amount of any adjustment should zppreximate the market's reaction to the financing or concessions based on the appraiser's judgment. STATEMENT OF ASSUMPTIONS AND LIMITING CONDITIONS: The appraiser's certification in this teport is . subject to the following assumptions and fimting conditions: ~~ . The appraiser will not be responsible for matters of jai nature that affect other the property being apprised or the! ‘to #, except fpr information that he or sho became of during the research involved in performing this appraisal. appraiser esaumes that the ite Is good and marketable not render any opinions about the ttle. z2 nr The appraiser has provided a sketch in this appraisal rey show the approximate dimensions of the improvements. Sketch is included only to assist the reader in visualizing the property and understanding tho appraiser's determinetion es . praiser has examined the available flood maps that are provided by the gency Management Agency other data Saurcee) aed has noted in this appraisal report whether ton of the subject site is located in an isentifiad Spectal Mazard Area, Because the appraiser ig not a surveyor, or she makes no guarantocs, express or impllad, regarding this determination. ia 4. ‘Tha appraiser will not give testimony or appear In court because he or she made an appraisal of the property in question, unless spocific arrangements to do So have been made beforehand, or es otherwise required by lew, 5, The appraiser hes noted In this appraisal roport any adverse conditions (such 2s nseded alrs, deterioration, the presence of hazardous wastes, toxic substances, etc.) observed during the Expocton of the subject Property or that he or she became aware ot during the research involved in performing this appraisal. Linless otherwise Stated in this appraisal vaport, the appraiser has no knowledge of any hidden of unapparent physical deficiencias or adverse conditions of the Property (such as, but not lite to, nosded repairs, detorioration, the prasa adverse environmental conditions, atc.) that would make the property less such conditions and makes no &. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal thet Is subject to sailsfactory completion, repairs, or atterations on the assumy that the completion, irs, or alterations of ject Proporty will bs performad in a protesstonal manner. tion mea we sub Fmagin Mec Form 403 Maren 2005 Pape 4 O16 Ca TTT Ga Maaco Doak ADMINISTRATIVE COMPLAINT) m1a-—‘wrm?wrasasanontys tm ee — tansuutce RDNENISTRATIVE. COMPLAINT. EXHIBIT #_2 EXHIBIT_2) EXHIBIT i PAGE _25 __ OF PAGE 167 °8 PROPERTY APPRAISER =a FLORIDA Page I of 1 2007 Detail Information for Parcel 0002-14-1028 Parcel Property Address: 3804 GULF OF MEXICO DR B106 HOSSsES59| UNIT B106 BEACH HARBOR CLUB Incorporation: TOWN OF LONGBOAT KEY Subdivision Code: 251] Use Code: 0404 Sec/Twp/Rge: 06-368-17E Census Tract (2000) 08.02 Ownership , COLLINS JEROME F COLLINS DONNA. 2 RED OAK ROW CHESTER, NJ 07930 Preliminary Values Just (Market) Value: iota 300 (Subject to Change) Land Value: ‘Improvement Value: $322,300 Assessed Value: $322,300 Homestead: No Total Exemptions: 30 Total Taxable: $322,300 Property Land Area: 0 Total Building Area: 976 Total Living Area: 976 Living Units: 1 Bed / Bath: 2 Bed / 2 Bath Pool: No Year Built: 1970 Last msft Sale Price: $507,500 Date Sold: 11/15/2005 Deed Type: WD Granter: HOOS,DONALD R Updated: 10/2/2007 12:34:00 AM Instrument #: 2005255920 (All Structures) Cxclosed Only) ‘The information appearing on this website was extracted froc the records of the Sarasota County Propesty Appraiser's Office. Our goal is to provide the most accurate information available. However. ene en abled ace provid forthe data its use or interpretation. The property yalues relate to the {ast valnation date The data iz subj sgt gia ebh e on eet ae erat Caen epee Appeal EXHIBIT #2 PAGE 1 Y OF ADMI spa come Ne LAINE -net/scpa_parcel_detail asp? year=2007@ pray VE CROCE, UG “ EXHIBIT # . # Print ; “4 page 1 oli ‘Sarasota Association af REALTORS Agent Detail Phato Report - Condominium 10/06/07 MLS#: 325620 3806 GULF OF MEXICO Dr #C111 Longboat Key, FL 34228 ra. Area: 4 ‘Status: a List Price: $445,900 County: Sarasota MapL/#: C4 Lowe List Price: B bedrooms: 2 Unite: CALL ADOM: 378 Full atm: 2 Pool Y/R: YC SaFt Liv Ares: 1027 / Tax Rot Maif Bath: Waterfront Y/N: Total SqFt #CovPark/Desc 1/DitCst Furnished: Unfurnished LPISGFE $438 #UnCovParic Minise/Yr: 3 Months / 2 YB/Cond: 1970 / NEW Pets/#/SizeN) None —UnitLevel: IstGround EAE N End Uni: Y No need to update this beautiful first for walkout comer unit, New Trane air conditioning/heating unit #n June 2006. Kraft Maid solid maple kitchen cabinets. Full size washer and dryer in the unit.Updated baths with ‘new plumbing. Beach to Bay Complex. Two minutes fram the beach. Saating Dock Fee only $160.50 ves. Land and Site Information . Condo Name: Seach Harbor Cub Community: Neighborhood: . Property ID: — 0002-14-2056 Condo Code: Beach Harbor Cub Sec/Twn/Rng: Zone: R-6mut Legat: UNIT C111 BEACH HARBOR CLUB OR Book/Page: Lot SqFt: ‘Security Features: Elevator Secured, Enterphone Entry, Lobby Senured, Other, Stairs Secured Water Desc: Unit View: Greenbelt View Exposure: W Water Access: Community Boat Dock, Deeded Beach Access, FishPier, Private Beach Builder: Model: Interior Information Approximate Dimensians - Living Rm: 302 Kitchen: 8x10 Main Bed: = 14x14 Balcony: Screen Porch: LOxt0 Great Rm: Breakfast: 2 Bed: Lxih Bonus Rm; Laundry Uti 4x3 Dining Rm: Den: 3 Bed: Media Rm: # Ceiling Fans: 0 Family Rin Office: 4 Red: Fla Rm: FP/FP Desc Bedroom Desc: Mai Bedroom Main Level Main Bath Desc Combined Tub/Shower Floor Desc: Carpet, Ceramic Equipment: Dishwasher, Disposal, Dryer, Micowave Oven, Electric Range, Refrigerator, Washer Energy: Centrat Heat/Cool, Solar Film/1 Living Area: Main Levet Interior Festures: Combo Living/Dining Rm, Foyer Entry, Kitchen Updated, pen Pian, Utility In Living Area, Walk-In Closet(S) Exterior Information Architectural Style: Mid-Rise Construction: Concrete Slock/Stucco Roof Responsibility: Contd Other Parking: Assigned, Guest Parking, Open Space Window Desc: Awning, Sliding Exterior Features: Bike Storage, Comman Laundry, Extre Storage, Stiding Glass Door, Vehicle Wash Area, Unscreened Porch/Lanai Community Information Amenities: — 860/Pionic, ClubHouse, Elevator, Fitness, Poo! Heated Restrictisns: No Corporate Suyers, No Exterior Alterations, No Trucks/Rvs, Tenent-") Approwal: Application Fee, Buyer Approval Required, Miscell: Condo Fee Incudes: Cable Tv, Common Grounds, Elevator, Landscape/Lawn, Maintenance/Repairs, Manager, Pest Contro! Outside, Water/Sewer Unit ‘Schoots Elem Middie/High:* ‘Southsice / Booker / Booker * Disclaimer - Verify with School Board for Current Sourdaries Financial and Special Information Gross Prop Tax: $3,200 Tax Year: Tax Desc: City-County . Annual CDD: Condo Fee: eH Conde Fee Psy Schedule: Buyer Anp Fee: 100 ‘Other Annuat Fee: ‘Special Assessment: Other Fees V/N: = N Land Lease/Mo: Rec Lease/Mo: Special into: Condominium Disclosure Available, Condominium Documents Available, Lead Paint Disclosure Required Management: Condo Assocation, Of Site Mgmt Co: Surwast Mgmt Co Phone; 941-378-0260 Reattor Information List Agent: Alina S Mazzaferro Uster ID: ASMOS04 Lister Phone: 941-387-2971 Lister Celt: 941-993-7245 Lister Emait: alinam@remax.net Lister Fax: CoList Name: CaList 10: CaList Phone: - Colist Cell: Office Name: RE/MAX Excellence Office Address: 510 Gay Isies Road Office Phane; 941-383-9700 Office ID: RMXE Rep: SINGLE AGENT Ofvice City/St/Zip: , FL 34228 Office Fax: 941-383-3458 List Type: ER Terms: Possession: immediately Cal Center: 941-383-9700 Internet Ok: Y TOX Address Disptay: 9 N Limited Service: N NonRep. N Range Price: N Listing Date: 09/23/2006 Original Lp: $453,500 Previous LP: $459,900 MLS Onty: N Price Change Date: Pending Date: Contract Date: Expiration Dt: w/D Date/Cond: Sold Date: Sold Price: Dom: DOM: PpoM: SP/SqFr: LP/SP Ratio: iP YChange: -2.18% SP/Tax Mkt Value Ratio: Showing: Cail First/Lock Box Buyer Comp: 3 Trans Comp: 3 Non Rep Comp: 3 ‘Owner Name: —FELDMANN DONALD R Selling Agent: Seller Credit: Owner Phone: Selfing Office: ‘Sold Finance: Solt Remaris: Bonus: Directions: 1 mie north of Publix to Beach Harbor Club, 2nd entrance, C buiiding, comer unit Agent Private Remarks: Ail valances do nat convey. Pease, call Alina at 993-7245 to set up showings. The RE/MAX office, 383-8700 may also be contacted f I am un All Information, regardless of source, including square footages and lot sizes, is deemed reliable but Is not guaranteed and should be Copyright, Sarasota MLS, 2007 verified by personal inspection by and/or with the appropriate professional(s). AUMINISTRATIVE COMPLAINT EXHIBIT_10 EXHIBIT #_é omiye PAGE __ 92 PAGE __1)§ ADMINISTRATIVE COMPLAINT EXHIBIT #7 et OF 10/6/2007 http://sar.mlxchange.com/3.0.09.83/Search/PrintPreviewDlg.asp Parcel 0105-13-8005 . Page 1 of 1 Siew Seer { BE] Printable Version ; Search for another ID ye JIM TODORA SARASOTA COUNTY CS PROPERTY APPRAISER ; ~eP mF lk ol h REOD A t 2007 Detail Information for Parcel 0105-13-8005 Parcel Property Address: 5912 MIDNIGHT PASS RD 105 BUD C eibesamesns| UNIT 105 BLDG C SARASOTA SURF & RACQUET CLUB Incorporation: UNINCORPORATED Eisen] Subdivision Code: 2723] Use Code: 0404 Sec/Twp/Rge: 18-37S-18E Census Tract (2000) 19.02 Zoning: RMF3 ___ Se RE ee Ownership O BRIEN DANIEL G 10210 TILLMAN DR DAYTON, OH 45458 Preliminary Values Just (Market) Value: $429,000 (Subject to Change) Land Value: 30 Improvement Value: $429,000 Assessed Value: $429,000 Homestead: No Total Exemptions: 50 Total Taxable: $429,000 Property. Land Area: 0 Total Building Area: 932 (All Structures) Total Living Area: 830 : (Enclosed Only) Living Units: 1 Bed / Bath: 2 Bed / 2 Bath Pool: No Year Built: 1971 Last nsf Sale Price: $465,000 Eitecsesa( Date Sold: 1/26/2007 Deed Type: WD Grantor: SEIFERT,ROBERT J Updated: 10/2/2007 12:34:00 AM Instrument #, 2007016107 ee The infonnation appearing on this website was extracted from the records of the Sarsota Conaty Propesty Appraisers Office. Our goal ix to pravide the mest accarate information available. Howeve hs bast valuation date The data een Bae moan S @ 2001 - 2007 Sarscots County based Appraiser. All rights reserved. #110 Rips orwed Sar ‘ulffoberty Het/scpa_p arcel_ detail. asp? year=2007&propid P10 3-8005 onsen EXHIBIT i amenities te, tage pack 79. OF ____— Print Page 1 of 1 MLS#: 323795 Bedrooms: 2/2 Full Bath: = 2 & Half Bath: #CovPark/Desc: / None #UnCovwPark: . | Pets/#/[Size: N Unit Level: ist Ground = Eff: N End Unit: DON'T MISS THIS TURNKEY FURNISHED updated ground floor Z bedroom, 2 bath unit with tile Roors and steps ta Siesta Beach. This gated complex is on the beach side of the road, has 2 beachside pools, smuttipie. terinis courts, dubhouse and a terrific on site rental office. Land and Site Information Condo Name: Sarasota Surfandracquet Community: Neighborhood: Property ID: -0105-13-8005 Condo Code: Sarasota SurfandRac = Sec/Twn/Rag: Zone: RMF Legal: Unit 105 Bldg C . OR Book/Page: Lot Sqft: Security Features: Card Entry, GATENOG Water Desc Unit View: View Expasure: S Water Actess: Builder: Madel: Interior Information Approximate Dimensions - Lving Rm: 16x12 Kitchen: Lind Main Bed: 14x11 Baicany: Screen Porch: 12:7 Great Rin: Breakfast: 2 Bed: 1100 Bonus Rm: taundry/Uth Dining Rm: Den: 3 Bed: Media Rm: # Ceiling Fans: 3 Famity Rum: ‘Office: 4 Bed: - Fla Rm: . FR/FP Desc: Bedroom Desc: Main Bedroom Main Level Main Bath Desc: Shower Onty Floor Desc Carpet, Ceramic Equipment: Dishwasher, Microwave Oven, Electric Range, Refrigerator : Interior Features: Combo Living/Dining Rm, Open Pian, Window Coverings Exterior Information Architectural Style: Mid-Rise Construction: Concrete Block/Stucca Roof Responsibitity: Corido Other Parking: 1 + Soace, Guest Parking, Open Space Window Bese: Single Hung, Sliding . . Exterior Features: Common Laundry, Screened Parch/tanai, Siding Glass Door Community Information Amenities: BBQ/Picnic, ClubHaouse, Elevator, Kitchen, Poo! Heated, Tennis-Cay/Har-Tr . _ Restrictions: No Exterior Alterations, Tenant-No Pets - Approval: Application Fee, Buyer Approval Required, Miscelt: ne Condo Fee Includes: Cable Tv, Common Grounds, Elevator, Landscape/Lawn, Pest Control Inside, Pest Control Outside, Private Road, Recreational Facitties, Water/S- Schools Elem/Middie/High:* — Phillippi Shores / Grookside / Sarasota * Disdisimer - Verify with School Board for Current 2 Financial and Special Information . Gross Prop Tax: $5.679 Tax Year: TexDesc County - Annual CDO: Condo Fee: "xD Condo Fee Pay Schedute: Buyer App Fee: 100 Other Annual Fee: Special Assessment: Gther Fees Y/®: Land Lease/Mo: : Rec Lease/ Ma: Special Info: Seller Property Disclosure Avaliable Management: Condo Association, Onsite-Rental Office . Mgmt Co: Suncoast Vacation Mgmt Co Phone: 941-349-2200 Realtor Information List Agent: Michael J Bridges Lister ID: 38388752 Lister Phone: 941-316-6530 ListerCelt: 941-316-4530 Lister Email: mbinfi@mindspring.com Uster Fax: CoList Name: CoList ID: CaList Phone: CoList Celt: Offine Name: RE/MAX Properties Office Address: 2000-A Webber St ° Office Phane: gatasese Office 10: RMXPOS Rep: TRANS BROKER Office City/St/Zip: , FL 34239 Office Fax: = 941-954-5455 List Type: mR Terms: — Conventional Mtg Possession: Negotiable Cait Center: 941-316-6530 Internet Ok; Y IDX Address Display: N Limited Service: N NoaRep: N Range Price: N Listing Date: 09/06/2006 Original LP: $599,900 Previous LP: $549,900 MLS Only: N Price Change Date: Pending Oate: 01/30/2007 Contract Date: 12/18/2007 Expiration Dt: W/D Date/Cand: Said Date: 01/29/2007 ‘Sold Price: $465,000 DOM: 4658 DOM: PDOM: SP/Sqrt: 1559 LP/SP Ratio: 87.00% LP YeChange: -11.67% SP/Tax Mkt Vaiue Ratio: Showing: Cail First/Lock Box, Vatant Buyer Comp: 3 Trans Comp: 3 Non Rep Comp; 3 Owner Name: = Seifert Selling Agent: Rudy Dudon / RDZ721. Seller Credit: $500 Qwmer Phone: Selling Office: Prudential Pains Realty / PALM 11 Sold Finance: CONV Sold Remarks: Bonus: Directions: Stickney Pt To Midnight Pass, North To Sarasota Surf & Racquet, West Side Of Rd Or Siesta Drive To Midnight Pass, South To Sarasota Surf & Racquet, West Side Of Road Agent Private Remarks: — £-Z TO SHOW! SHOWINGS 9-4:30PM MON-SAT, PICK UP KEY AT RENTAL OFFICE ANY QUESTIONS, CALL MIKE 316-6530. ‘Ai Information, regardless of source, including square footages and lat sizes, is deemed reabie but is not guaranteed and should be Copyright, Sarasota MLS, 2007 verified by personal inspection by and/or with the appropriate professionai(s). EXHIBIT _\\ mpSTRATIVE COMPLAINT. - PAGE (22 ADMINIST ZHIBIT # 10/6/2007 Parcel 0108-01-6082 aNewSearchey| sete @| Printable Version ‘Search for another ID JIM TODORA SARASOTA COUNTY eas PROPERTY APPRAISER =a EROPERTY APPRAISER Page 1 of 1 [oo 2007 Detail Information for Parcel 0108-01-6082 Parcel Property Address: 1400 MIDNIGHT COVE II PL. 621 BLD 6 desaeee%| UNIT 621, BLDG 6, MIDNIGHT COVE I, ORI 2007025354 Incorporation: ‘UNINCORPORATED Subdivision Code: 2225) Use Code: 0404 Sec/Twp/Rge: 19-37S8-18E Census Tract cane") 19. 02 ANDERSON VINCENT L 55 HAWTHORNE AVE STATEN ISLAND, NY 10314 Preliminary Values Just (Market) Value: $398,300 (Subject to Change) Land Value: $0 Improvement Value: $398,300 Assessed Value: $398,300. Homestead: .No Total Exemptions: $0 Total Taxable: $398,300 Property Land Area: 0 Total Building Area: 1,010 (All Structures) Total Living Area: 860 : (Enclosed Only) Living Units: 1 Bed / Bath: 2 Bed / 1 Bath / 1 Half Bath Pool: No Year Built: 1979 Last Sale/Transfer Sale Price: $495,000 Date Sold: 1/11/2007 Deed Type: WD Grantor: HEMKE,PHILP E Updated: 10/2/2007 12:34:00 AM Instrument #: 2007008491 The infomation appearing on this website was estrcted Erm the records ofthe Sarasota Comty Property Appraise's Office. Our goal isto pve the most accurate information available. However. no warranties, expressed or implied, are provided for the data, its use or interpretation. The property values reais to the tas valine date, Ti data obi oc ge. Copyrignt @: 2001 - 2007 Sarasota , County Property. Appraiser. sores reserved. rece HIBIT(o ADMINISTRATIVE PACK lay avbtlonreeseemesrt oo parcel deta asp?year-2007¢-propiGrO}08-91-608? _10/272007_ EXHIBIT #2 - SAGE PAGE 74>. oF o Print Page 1 of I ‘Sarasota Association of REALTORS Agent Detail Phato Report - Condominium 20/06/07 06:17 PM MLS#:°318111 1400 COVE TWO Pit # 621 BLD 6 Sarasota, FL 34242 area: 84 Status: s Ust Price: $549,000 #UnCovPark: Minkse/Yr: 2 Weeks / 26 YB/Cond: 1979 Pets/#/Size: Y/ 1 / Smait Unit Level: = 2nd ef: N End Unit: N UPDATED * WOOO FLOORS IN LIVING AND DINING AREA * GLASSED-IN LANAI BECOMES PART OF LIVING ROOM * GREAT VIEW OF BOAT BASIN AND POOL * BEAUTIFULLY FURNISHED * WASHER/ORYER IN UNIT * CAPRORT * DEEDED BEACH ACCESS TO ONE OF THE THE MOST BEAUTIFUL BEACHES IN THE WORLDI!! Land and Site Information Cando Name: Midnight Cove IL Community: Neighborhood: Property ID: —0108-1-6082 Condo Code: = Midnight Cove 5 Sec/Twn/Rng: Zone: RMF3 Legaf: UNIT 621 BLOG 6 MIDNIGHT COVE I . OR Book/Page: Lot SqFt: ‘Security Features: Night Security Water Desc: Bay, Soatacr, NoBridg Unit View: Pool/Club, Water View Exposure: SW Water Access: Community Boat Dock, Deeded Beach Access Bullder: Model; Interior Information Approximate Dimensions -~ Living Rm: 1515 Kitchen: ne Main Bed: 10x13 Batoony: Screen Porch: 19x6 Great fum: Breakfast: 2 Bea: 10x10 Bonus Rm: Laundry/Utit: Dining Rm: ‘Den: ‘3 Bed: Media Rm: # Ceiling Fans: Family Rm: Office: 4 Bed: Fa Rm: FR/FP Desc: Bedroom Desc: Main Bath Desc: Combined Tub/Shower Floor Desc: Carpet, Ceramic, We Equipment: Dishwasher, Disposal, Microwave Oven, Electric Range, Refrigerator, Smoke Detectors, Washer Energy: Central Heat/Cool Uving Area: Interior Features: Combo Living/Dining Rm, Domed Kitchen, Formica Cabinets, Kitchen Updated, Open Pian, Pantry, Sofid Surface Counter, Utility In Living Exterior Lnfarmation Architectural Styte: Garden Up Construction: Concrete: Block/Stuam Roof Responsibility: Coydo ‘Other Parking: Guest Parking Window Desc Single Hung . Exterior Features: Bike Storage, Extra Storage, Glass Porch/Balcony, Sliding Glass Door Community Information Amenities: — BBQ/Picnic, ChbHouse, Xitchen, Poot Heated, Tennis/Hard Surface Restrictions: No Exterior Alterations, No Trucks/Rys, Tenant-No Pets Approval: Application Fee Miscell: Conde Fee Inciuties: Cabte Tv, Common Grounds, Landscape/Lawn, Maintenance/Repairs, Manager, Pest Control Inside, Pest Control Outside, Private Road, Public In . Schools Elem/Middie/High:* — Phillippi Shores / Brookside / Sarasota ® Disclaimer - Verify with School Board for Current Soundaries Financial and Special Information . : Gross Prap Tax: $3,917 Tax Year: Tax Desc: County Annual CDD: Condo Fee: $362 Condo Fee Pay Schedule: Buyer App Fee: 9 50 ‘Other Annual Fee: Special Assessment: Other Fees ¥/®: Land Lease/Ma: Rec Lawse/Mo: Special Info: Seller Property Discosure Avaitable Management: Condo Association Mgmt Co: Midnight Cove DA: Mgmt Co Phone: 349-1163 Reaitor Information Ust Agent: Carol Trigg Uster ID: 269326 Lister Phone: 941-349-4478 Lister Cell: - Uster Email: caroltriqg@comcast net ister Fax: CoList Name: CoList ID: CoList Phone: CoList Ceil: ‘Office Name: CENTURY 21 Advantage Office Address: 6021 Midnight Pass Road * Office Phone: = 941-349-4478 Office ID: ADYNOZ Rep: Office City/St/Zip: , FL 34242-3213 Office Fax: ° 941-3¢6-20LL List Type: if Terms: Conventional Mtg Possession: Negotiable, Subject to Lease Call Center: Internet Ok: Y IDX Address Display: N Limited Service: N NonRep: N Range Price: N Usting Date: 07/11/2006 Original LP: $549,000 Previous LP: MLS Oaly: N Price Change Date: Pending Date: 11/07/2006 Contract Date: Expiration Dt: W/D Date/Cond: Said Date: 01/16/2007 Sold Price: $495,000 bom: pom: Poom: SP/SqFt $572 LP/SP Ratio: §— 90.00% LP Change: 0.00% SP/Tax Mkt Vaiue Ratio: . ‘Showing: Cal! Office, Tenant Occupied Buyer Comp: 3 Trans Comp: 3 Non Rep Comp: 0 Owner Name: HEMKE PHILIP E Selling Agent: Kenneth Brand / KWB9632 Seller Credit: $2,500 Owner Phone: Selling Office: Midnight Cove 1 Conde Sales / MCI Said Finance: CONV Sold Remarks: Bonus: Directions: Midnight Pass Re just N of Stickney Pt to Midnight Cove II to big 1400. Agent Private Remarts: THIS IS A 1031 EXCHANGE. All Information, regardless of source, induding square footages and lot sizes, is deemed refiable but is not quaranteed and shold be Copyright, Sarasota MLS, 2007 verified by personal inspection by andfor with the appropriate professional{s). WELD FEW ‘2 CUI LALA EXHIBIT #7 EXHIBIT_jd —_—_ . PAGE __/3( oF PAGE jay" http://sar.mlxchange.com/3.0.09.83/Search/PrintPreviewDl|g.asp 10/6/2007 Print - Live Search Maps Page 1 of 2 E Live Search Maps [My Notes 7 TM : P | Start: Subject Property Start: 2850 Gulf Of Mexico Dr, Longboat Key, FL _|E"a: Comparable Sale 1 34228-2918 End: 3804 Gulf Of Mexico Dr, Longboat Key, FL 34228-2705 Trip: 1.4 mi, 14.min ~ B> 1. Depart SR.789 / Gulf of Mexico Dr 1.4 mi | Ba: Arrive at 3804 Gulf Of Mexico Dr 2 The last intersection is Twin Shores Blvd / Tivinshores Bivd | 7 If you reach Bayport Way, you've gori z H ‘These directions are subject to the Windows Live Terms of Use and for informationat purposes only. No guarantee is made regarding their pomplensss oF accuracy, Construction projects. iraffic. ar ather events may cause actual conditions to differ from these results. Map and Waffic data © 2007 NAVTEQ™, Ait ADMINISTRATIVE COMPLAINT ADMINISTRATIVE COMPLAINT. EXHIBIT #2 —exnipiT af PAGE _792-_ OF pace {| OF http://maps.live.com/print.aspx?mkt=en-us&z= | 4&s=1&cp=27.375821 15449044,-82.6326... 1/29/2008 Print - Live Search Maps ‘ Page 2 of 2 Start: 2850 Gulf Of Mexico Dr, Longboat Key, FL. softs, ees Ee Longboat Key £& -Mirtual Earth’: pe ny Pe 04 Gulf Of Mexico Dr, Lo nga fe ane Trip: 1.4 mi, 1 min ! Microsoft’ eae ; Virtual Earth 2 =e z iis : fe He. @2007 NAVTER! lects the map view when you clicked the print icon. http://maps.live.com/print.aspx ?mkt=en-us&z=14&s=r&cp=27.375821] 5449044,-82.6326... 1/29/2008 NIS) aw NES Diner ee eee tee Wh XHIBIT ff Snr OF es Ct >AGE Print - Live Search Maps &7 Livé Search Maps 34228-2918 Trip: 15.4 mi,:26 min Page | of 2 HF 5 jMy Notes \ Start: Subject Property | Start: 2850 Gulf Of Mexico Dr, Longboat Key, FL End: Comparable sale 2 { End: 5912 Midnight Pass Rd, Sarasota, FL 34242 | bn ee ee weed ; 4.9 mi | B 1. Depart SR-789 / Gulf of Mexico Dr poe: "FA (3. Bear right onto US-41 / Bayfront Dr 6.3 mi | = +4. Tum right onto SR-72/ Stickney Point Rd . 0.9 mi | 0.9 mi | = 5. Turn right onto SR-758 / Midnight Pass Rd IB 6. Arrive at 8912 Midnight Pass Rd : The last intersection is Windsong Ln i lf you reach Dolphin Bay Way, you've gone foo far “These directions are subject 10 the Windows Live Terms of Use and for informational purposes only. No guarantee is made regarding their com: Construction projects. traffic or other events may cause actual conditions to differ from these resutts, Map and traffic data © 2007 NAVTEQ ™, ADMINISTRATIVE COMPLAINT EXHIBIT #2 PAGE _/O4% oF ‘a http://maps.live.com/print.aspx?mkt=en-us&z=1 2&s=r&cp=27.3214498400123,-82.58079... Ness Of accuracy. iD, MPLAINT. 1/29/2008 Print - Live Search Maps Page 2 of 2 | Microsate’ LO" Longboat Key: : | ierasofe ‘Virtual Earth” Me : | Virtual Earthe a ma aes __ 2067 NAVTEQ ie ap nes 3 EXHIBIT # PAGE _/05 oF http://maps. live.com/print.aspx ?mkt=en: n-uSEE= TIRE 27, 3214498400123,-82.5807)... 1/29/2008 The image above vellecis, Print - Live Search Maps "Page 1 of 2 EF Live Search Maps My Notes Start: Subject Property | Start: 2850 Gulf Of Mexico Dr, Longboat Key, FL | Nd: Comparable Sale 3 | 34228-2918 End: Midnight Cove Rd, Sarasota, FL 34242 Trip: 14.8 mi, 26 min H B> 1. Depart SR-789 / Gulf of Mexico Dr 4.9 mi | & 12. At roundabout, take 4th exit 2.4 mi | @ (3. Bear right onto US-41 / Bayfront Dr 6.3 mi| _ => 4. Tum right onto SR-727 Stickney Point Rd. ce fie 230: | =) /5. Tur right onto SR-758 / Midnight Pass Rd 0.1 mi | => 6. Tur right onto Midnight Cave Rd se 2) W Gated road iow Private Road 7. Arrive at Midnight Cove Rd ; The last intersection is SR-758 / Midnight Pass Rd These directions are subject to the Windows Live Terms of Use and for informational purposes only, No guarantee is made. regarding their one or accuracy. Construction projecis. trafic, or other events may cause aciual conditions 10 differ trom these results, Map and traffic deta © 2007 NAVTEQ™, y™ MAPLAINT. , ADMINISTRATIVE COMPLAINT EXHIBIT #ot PAGE _/Ole__ OF are http://maps.live.com/print.aspx ?mkt=en-us&2=12&s=r&cp=27.3 1992471 1806493,-82.57/7... 1/29/2008 Print - Live Search Maps Page 2 of 2 Start: 2850 Gulf Of Mexico Dr, _gongboat Key, FL. * Microsoft’ ° Longboat Key Key 5 a bart eae oar Cove 2 Rd, Sarasota, FL. 34242 «Elwood Ave “any pOBIDeNE ore wren “@2007Hicreget Op ihe image above ci EXHIBIT $a page __/0C_ oF - http://maps.live.com/print.aspx ?mkt=en-us&z=12&s=1&cp=27.3 1992471 1806493,-82.577... 1/29/2008 APPRAISAL OF REAL PROPERTY LOGATED AT: 2850 Gull Of Mexico Dr Unit 6, Neptune On LongBoat Key LongBoat Kay, FL 34228-2918 FOR: Encore Mortgage Enterprises. 1000 S, Beicher Ret. Unit 8-12 Lamgo, FL 33774 AS OF: ‘Apri! a2, 2007 BY: Deborah M. Hail Appraise Ht All & Assoc. - $140 Osceoia Drive New Port Richey, FL 24854 Phik 727-862-4242 Fatt 727-852-4200 Deborah M. Hal St, Cert. Res, Rea. Ad, #4515 EXHIBIT_S_. PAGE HG _ Form GA3— “Win TOTAL® appraisal software by a ba mode, inc. —- 1-BO0-ALAMODE ADMINISTRATIVE COM PLAL EXHIBIT # IND Appraise Alt 9140 Osceola Drive 4 New Port Richey, FL 34654 ' Ph: T2T-B62-4242 td 727-862-4200 April 02, 2007 Encore Mortgage Enterprises 1000 S. Belcher Rd. Unit B-12 Largo, FL33771 Re: Property: 2850 Gutf Of Mexica Dr LongBoat Key, FL 34228-2918 Borrower, General Consuttants of Assignee Fie No: rsDEBO7081204 tn actortance with your request, we have appraised the above referenced property. The report of that appraisal fs attached. ‘The purpose of this appraisal is to estimate the market value of the property described in this appraisal report, a5 improved, in unencumbered fee simple title of ownership. . ‘This teport is based on a physical analysis of the site and improvements, a locational analysis of the neighborhood and city, and an economic analysis of the market for properties such es the subject. ‘The appraisal wes developed and the repost was prepared in accordance with the Uniform Standards of Professional Appraisal Practice. The value condusions reported are as of the effective date ststed in the body of the repant and contingent upon the certification and Emiting conditions attached. thas been 2 plessure to assis! you. Please do not hesitate to contact me or any of my staff If we can be of additional service to you. EXHIBIT_5 PAGE 49 ADMINISTRATIVE COMPLAINT EXHIBIT #_ a PAGE 704 of . Supplemental Addendum DIGITAL SIGNATURES ELECTRONIC SIGNATURES ARE UTILIZED IN THIS REPORT. THE UNIFORM STANDARDS OF PROFESSIONAL APPRAISAL PRACTICE AND THE APPRAISAL STANDARDS BOARD STATE JHAT ELECTRONICALLY AFFIXING A SIGNATURE TO A REPORT CARRIES THE SAME LEVEL OF AUTHENTICITY AND RESPONSIBILITY AS AND INK SIGNATURE ON A PAPER COPY REPORT (THE TERM "WRITTEN RECORDS" INCLUDES INFORMATION STORED ON ELECTRONIC, MAGNETIC OR OTHER MEDIA). ALL ELECTRONIC SIGNATURES IN THIS REPORT HAVE A SECURITY FEATURE MAINTAINED BY INDIVIDUAL PASSWORDS FOR EACH SIGNING APPRAISER. NO PERSON CAN ALTER THE APPRAISAL WITH THE EXCEPTION OF THE ORIGINAL SIGNING APPRAISER(S). Addendum: Regarding Appraisal Review of above Report: ‘Appraiser has reviewed the information submitted by review Appraiser and per our conversation reiterate that somehow the report submitted was no! accurate ‘The missing correct data was not saved correctly, due to 2 computer error in the cloning process. Please except the amended report where Appraiser has reinput the unsaved data in the report. Appraiser has searched several data bases ReporL Appraiser has reviewed the sales used by reviewer and first points out the net adjustments made to these sales 4 & 3 that high of a net adjustment seems to be way too high. As for sale 2 this sale has all indications of a distress sale of not an arms length transaction it only sold for about $18,000 over the assessed value and a search of the same project ‘Appraiser found a sale for $350,000 5/26/2006 end found other sales 4 to 6 months prior to that sale just mentioned that Sold for $352k up to $410k. Therefore sales used by reviewer seemed to not be the bes! sales available for the subject . property. Appraiser has found three more sales that are ak 1 Bedroom, 3 Bathroom and simitar in size as the subject. After a simple search of Sarasota Property Appraiser web site Appralser found Midnight Cove Il the original report had Micinight Cove just not il afier it property was the same propefty presented in report. Please note that the highest net adjustment made for sales 4 & S ig 9.5% and the highest Gross adjustment is 15.4% with a normally accepted % adjustment high of ’ 25%. Two soles used by reviewer exceed that 15% with a tow of 17% and a high of 27.3% and os stated above sale two has ail Indication of a distress sale or not an arms length transaction. All additional sales are one bed, one bath units and are similar in size to the subject. S Extensive research has been done to further support the indicated value of this report as well as the initiat input of research and familiarity with this market area, Appraiser has been doing appraisals in this subject market area for 7+ yrs. ‘The waterfront properties market area in Sarasota, Florida have higher tc land to building ratio as often ax high 2s 90%. A drive-by Appraisal may de reliable indicator for the median value in the area but 6 full urar appraisal lakes precedence in determining actual value within 2 feasonabie time period with exposure in the current market. ‘Trends in this area may show a siight dectine in the most recent 6 month saies but in a very fluctuating market as we are explesencing an & month span of sales indicators reflects thal although the current time of yeer may show slower sales due to the off season market, the market in this desirable area stif shows 2 stable market . The unimproved properties bearing longtime awnership are selling under the current market value. Rehabed, updated o¢ improved properties in this desirable watesfront area are holding value and selling more rapidly ‘and closer to there asking price. ‘The subject property has been upgraded by the current owners: ‘Their property is not considered an overimprovment for the area butt is at the higher end of value. it fas part. view of the guif waters off Long boat key and direct beach access across the sirest. This area which is noted as a resort or seasonal rental area in Sarasota County beaches is highly desirable, and this particular property has been Improved to reflect the most current demand for * this type of property. The other condo homes that sell at the high end of vaive are improved and updated, whvle the properties that sel reflect ing the lower end of market have been in families, estates, trusts anc ownership for over 5 + yrs. and therefore they ‘stil obtain a profit for letting them go under market. There are several listings in our subject complex two which are listed at below market and two which are listed at simit range as out subject. There are contracts on units #98 R10. - Respectfully Submitted, Deberah M Hail a) Rane Deboran M Hall dare Dae Signed Janusry D2, 2007 Ore Sind ‘State Certiiczinn # St Cert Rea. Res, RDM515, State FL ‘State Certification + a Sar Or Siw Lisense # Sune Or State conse # State Fan ASO? —“MeTA pri sete ye me. — eno Lewone E-SAIBIT_S__ ' SAGE __ 4 ADMINISTRATIVE COMPLAINT EXHIBIT #_& mene wae PAGE __¢/O of ee . Appraisn t AB (727) BAAS) he roo. eee one IME ERERL Fae thy mary Appraisal Report individual Condominium Unit Appraisal Report nes cnare Morsage Enric Tpopese of das snray apgrasal report's to provide te ienderichent wah an accurate, xe requaiey suoported, opmion of te market vale of the subject oroperty. pay Address 7850 Gull Of Mexico Dr @y_LongB ‘State FL. p Gade 34228-2918 Cumy Sareso RE Tanes §_ 3,863.80 Census Tract 0008.0 HOAS 3,000_2Y eat_(_] per month we 52) Purchase Tensacdon |") Reiman Transaction _ | ndepCient Encore Mortgage Enterp ‘Aorss 1000S, Beicher Rd, Unit B-12, Lamo, FL 33771. ‘he subject romeny culTenty fired forsale or bas f een flared forsale i th twetve mondhs prior to the etlectee dat of is appraise Cvs Sino sport fats soorca{s) used, aflering price(s), and dateis}, Pub. Rec. ‘Win2Datz, MLS, Microderisions, FARES. Oe TB eid ot ace hw corer taf ar te Sbjct purchase asad Ela re ess o he anayss of he core Yr Sale or why We analysis Wes rot formed, _ Contact not provioed otiract Price $_ 470,000. Date cf Contract arz2s2007 |S the praperty Seller the cwnen of pubic record? OC Yes. Wo. Data Souree{s} Public Records there ay Grane! #sisne? (oan hore, sale concessions itor cowepayimen assistance, .) 40 be pad by any pasty on behat ot the bonowes? Dws Sno |* ‘Yes, report the tntal detar ammount and deseribe the Gems 10 be psi oneNoted Per agent ot appraisal factors, Stable a itty 92) Over TOR [25-75% (Unde 255% WeBalance_{7] Over Supaty | $ co0u fyes)_|2-4 Unt % town Tr] Rand) Sale [1 Siow | Markesng Tome _[-) Uner3 mis (50 3-8 mks _{) Over Gmths| 400 _Low__10__1Mul 15% Fatt Danes Subied i lated on LongBst Key wit Jona Ringling Biv, to me SoutnEast of _$20__ Hic 41 [Conese 15% @ subject and SR 64 to the North, in Manatee County, FL. ATO+i- Pred... 30+/- | Other 15% figtborhood Description The subiect is a Condominiurn that was_ongimvally constructed in 1967 _The Condos ‘ate similar, containing approximately 75 'Sq. FL of fing area with { bedrooms, Appeal ia the market is average, There were fo observed unfavorable factors affecting ra etabiity gted. Schools, shopping and employment centers. are igcated nearby, inte! Conditons frtuting suport forthe above eoncissons} General markel conditions are considered favorable, wi tates remaining stable. Norms narketing time ig 3-6 months, per MLS. = —_ as [1 [1 None . matory Sewer D(C) zy_Won im Soci imatiad ae Bite [ta FEMA od one tg RUAN #19512600108 eA Dem eribvipes ine he utes and uti Inprovarnrts typical ore satel sex? Ye, ‘Ve there any adverse site concfions or external facies (easements, tncmachmerts, eenivonments! condions, land uses, ee)? ives Bd no ¥ Yes, describe: Yo adverse easements, encroachments or ather aderse conditions were noted at time of inspection. No put was supplied to ppraiser. Jota source(s) lor paaject information _ MLS, Pub. Lander, Win 2, Micro. Soret Deserpbon [Detached [1 Raw or Tovchanse_[X) Garden _[) Mid-ise [7] tegtse _(,] Oer (describe i SGenetel beste aates Ricpiolest Goneie yeas: Eater Watts x Root Surtace ‘Shingle {# of Units Completed 3 fxctng | | Prooosed [ota # Perky 30 6 of Uns For Sate Under Conssucton {fiulio (spaceshmits) 2/1 a Of Lints Sct ‘fear Bui 1967, 1p Opn # of Units Rented ‘Blecte Age 10, King Op Occupied Prec Prary Oecipancy Od Pree Aesenee [| Second Home of Reereatonal 1] Is the oe jn contol of the Homeowners” Association (HOA)? [] Yes_O¢) Ho. HMaragement Grow - _<] Hormawness’ Acsecition —["] Developer [1] Manapement Agent = Provide ram of management COREA. _ [ves Bo Ne Hes, Deseate Dees any Sais eniy (fhe carve indhacval, ivesir group, corpocon, et.) own mare tan 10% ofthe total prs i the projec ‘Eas re prea created by the conversion of eesting bangs) rio a condorriium? [Yes _ 3X] No 11 Yes, describe the ori use anc date of soeversion ‘Fae te oats, common elements, and recreation larizbes complete inci Planned rehahiation fora condominium conversion)? ¢) Yes_[[] tte No, describe Tr ere any commercial apace life proect?_[) Ves Dq)No_ Ves, deserve and inca: the overatporeentage of he Comers $a EXIM eddie Mac Form 465 March 2005 PRI IPAGE OS Fannie Mae Form 1073 March 2005 Form 1073 — WinTOTAL* appraisal software by a fa mode, inc. <- 1-800-ALAMODE ADMINISTRATIVE COMPLAINE -.. EXHIBIT #e? PAGE __///__ OF (ys einen pte ane mame amit ‘2850GulioMexico/LongB Individual Condominium Unit Appraisal Report ree Encore Mortgage Emtrrise ‘Serbe the concinon ol the proget equi d onsen Te nn is comms ef were coud as wl a8 eens ust sansSSton 2 time of inspection. Ther is ‘mia and the markabilty is of averan oie fe commen denen anf eoeatonal tks. Common elements include; common entrance, ran Hepes Ise bye Wares Asccaber? [1 Yes 6k] Wo. Yes, dese te rental es and seams and fe oa ent? Yes. Xo pang Fas segue or be pret ci aed pe?) Ves] Mo, esse and corer on teat n rake aed mata. Cl Ege a cnt Del eet nL iplai the resus ot ce analysis ofthe barge (adequacy of foes, reserves, etc), or wy ‘analysis was not performed. ot provid Trew iy hm Tees (oho Than regular HOA charges forthe ese ofthe pres tacties?—(] Yes 29 Mo Yes, espa the ct mes and describe, We other seri quay val desig. the Sect wnt change aopears [| High Dd Avwage [1 Low it High orkow, deserve [Fier any spechlo rasual harass of fe rope bas onthe condominions docurets, HOA mec, or er ormatn) Inows to te aise? “ves (52) Na _.Yes, sescibe and elaine efert on vue aed mavhetaiy. na Charge $_250.00 pet month X 12 = $3,000, per year Anmeal assessment charg ax per sua leet gross bom ea = $ 444 ‘Bites mchaed in be unt monthly assessment Eee CT sy [.] Becticty [| Gas OX) Water Xd) Sewer [50] Cable [3] Other {describe} O 15) Distreaste K) Oxser I<), Washer/D _Betroons, + Bahia) a_i ea fon Ne bore Grade Yes_[-] No No, desonbe and conmmerd on compatiblity to other projects in the market area. ‘Beitoral features (special energy efficient tems, rte.) The subject includes raised panel cabinets, new microwave and newer floor coverings _ irscube the condition ofthe property Giackoing needed regairs, deteriorion, renovatans, remoting, ei. e subject property has po functional or external ipsolescence. observed. ‘ec ee any pial etic or adverse conditions tat fiect We Wai, soreness, srochal mine ofthe propery Yes fx No_WYes, describe Jessie wopely prea confor oe igor (aioli, ve, coreton, wwe, constuction i)? vs TL Me tito, deseabe {Decal 1) ewok research fe ale or pars Sastory of fe subject property and comparable sais. Noo. explain bres Reo nok reveal ary pr ses or anise subject property rH tres Yer of Wo the eectve dale of this anol re(s} Pub. Rec, MLS, Win 2 Data, Microdecisions, ina Bu [ Lt rl an re as ols of compara is ‘tthe year prior to the date of Sak of tha comparable sale. mares Pub. Rec., MLS, Win 2 Data, Microdecisions ee emacs is ofthe in salar rashes hstoy of He ubiet props and creparable sales (repo atonal pry sais bo pag TEN COMPARABLE SALE #7 a Data Source(s} Pub. Rec, Win2,MLS,Micro Pas ea em fi Res. We MLS Se tet MLS, Micro. ps Rae was Mes Micro. ‘Ehective Date of Dota Source| 04/08/2007 Analy of prior SS eats ed a a ee rit tt Page2ots PAGE SO Fannie tae Form 1073 March 2005 eddie Mat Form 465 March 2005 Form 1073 —"Win TOTAL" aporaisal sotware by a la ade, int — 1-600-ALAMODE ADMINISTRATIVE COMPLAINT EXHISIT #2 - PACE (/Z- OF ADM Rae FAS TRATIVE COMPLAINT re vow er ‘2850GulfoPMexinLongB Individual Condominium Unit Appraisal Repo Fle Encore Matgage Enterprise ‘Bee 10___comgarble properties curenay oflered tor sole in Te sublet nextthond rangn. prez hom $425,000 $5 520,005 trae 9 compatable sales in the subject neighborhood withm the past Wwetve months anging in sale price fram $_ 425,000 BS 510.000 : FEATIRE idess a 2850 Gulf Of Mexica Dr, #6 © 590 Gakden Gate PL #1 }3485 Guil of Mexico Dr #106 1400 Midnight Cove M P W621 ae engBoa! Key, FL 34228-2918 |Longts e ie ‘ec Name and Neptune |Goiden Gate }20051/47361 Or B& P New Conv [Cane. Fixed None Noted None Noted 022007 wage laveroge | | “Tra [oer [ens | Yat! Jearms (Gans : sirtrataty sass Livi Area 759 570 50. | 16.525] None None None. None Aves lAverag [Central Icenral None Noted INene Noted s jcpr ospr tT /_ [ ‘et Aust oa . | + TI f+ R- fs 36,025 | Inet Ad. 2.0% neta. 73. S| i. “458, 3251Gross AG,_6.0_ SIS. $10.115}Gress Ad,_73_ S18 453,575 ‘exceed one mile distance from subject That is due to the search for the. of Sais Jost recent sales of simviar comoerables with similar living grea snd is considered narmal for the area. Sales used were all located in the quit ‘each area which are all similar market area to that of the subject, All sales are closed transactions i the same market area as the subiect © 3eneral mateet trends include e of such units io be furrished and althouoh furniture is considered persons) proo SATIN OME APPROACH AIRY ALUB{ Rot requrbyiyRE anne HAE} X Gross Rant Muttipber : =t indicated Vaive by income umeary of neome Approach (netuding support for market rent and GRA) _ ‘udbeatad Valve by: Sales Comparison Approach $00 Tacorne Approach (U developed) $ 2rimary consideration wes given to the Sales Comparison Aporpach, The income Approach andi Cos} Anpraach are not applicable here. ‘Wis appraisal is mare Og “asis", LJ ‘subject fo completon per plans and spectications on the basis ol a hypothetical condiion thal the inprocernents have deen ‘penpleted, (C] subject to the folrwing reps or aeraions on the basis of a hypothetical condition that the repairs or aferztions have been compfeied, or [_] sunject to the ‘lowing requzed inapection bared on the exracrinary assumsion thai thy condition ox deikioncy does nol require sherafon Oc regat~ This js a complete sum ppraisal report. No personal property is included in this anpraise . Jased visual Of the interior and extasior of the , Sedined af statement of cand limi sas oe iu on aockere aoe sendidlons, and appraiser's ry (aur) opinion of the market vahwe, as i__470.000__ ant pil 08, 2007 which ts the date of inspection and the effective date of thin appraisal. sddie Mac Form 485 March 2008 Page 3 of 6 Fannie Mae Form 1973 March 2005 Gorm 1073 —“WinTOTAL’ appraical softerase by a ta smode, int. — 1-800-ALAMODE pase AM BA! AD NISTRATIVE [COMPLAINT “tr ADMINISTRATIVE COMPLAINT &@ br EXHIBIT #_&_ eo ATEN PAGE __//3 oF individual Condominium Unit Appraisal Report ais report form is designed 10 report an appraisal of a unit im a condominium project or a condominium unt in a panned it development (PUD). This repart form is not designed 10 report an appraisal of 2 manufactured home or a unit ina Joperative project, ‘is appraisal report Is subject to the tollowing scope of work, intended use, intended user, definition ot market value, atement of assumptions and fimitifig condaions, and certifications. Modifications, additions, or deletions to the intended 5e, intended user, definition of market value, or assumptions and limiting conditions are not permitted. The appraiser may . tpand the scope ot work to include any additional research or analysis necessary based on the complexity af this appraisal 3signment. Modifications ar deletions to the certifications are also not permitted. However, additional certifications that do bt constitute material alterations to this appraisal report, such as those required by law or those Telated to the appraiser's ‘antinwing education or membership In an appraisal organization, are permitted, COPE OF WORK: ‘The Scope of work for this appraisal is defined by the complexity of this appraisal assignment and the 7 sporting requirements of this appraisal report form, including the following definition of market value, statement of ssumptions and limiting conditions, and certifications. ‘The appraiser must, at a minimum: (1) perform a complete visual yspection of the interior and exterior areas of the subject wnt, (2) inspect.and analyze the condominium project, (3) inspect sé neighborhood, (4) inspect each of the comparable sales from at least the street, 5) research, verify, and analyze data om reliable public and/or private sources, and (6) report his of her analysis, opinions, and canclusions in this appraisal spar. \ TENDED USE: The intended use of this appraisal repatt Is for the lender/cliant to ewatiate the property that is the ubject of this appraisal tor a mortgage tinance transaction. YTENDED USER: The intended user of this appraisal report is the lender/client. AARKET VALUE: ‘The most probable price which a property should bring in a competitive and open market under afl anditions requisite to a fair sale, the ouyer and seller, each acting prudently, knowledgealsly anéd assuming the price is not fected by undue stimulus. Implicit in this definition is the consummation of a sale as of @ specified date and the passing of tie from seller to buyer under conditions whereby: (1} buyer and seller are typically motivated; (2) both parties are well vtormed of well advised, and each acting In what he or she considers his or her own best interest, (3) a reasonable time is Wowed tor exposure In the open market, (4) payment 1s made In terms of cash in WU. S. dolars of in terms of financial Trangememts comparable thereto, and (5) the price represents the ‘normal consideration for the property soid unaffected by pecial or creative financing or sales concessions” granted by anyone associated with the sale. “Adjustments to the comparables must be made for special or creative financing or sales concessions. No adjustments are yecessary far those casts which are normally paid by sellers as @ result of tradition or law in a market area; these costs are eadily identifiable since the seller pays these costs in virtually al sales ‘vansactians, Special or creative financing adjustments can be made to the comparable property by somparisons to financing terms offered by & third pany institutional ander that is not aleady involved in the property or transaction. Any adjustment should not be calculated on a mechanical jollas for dolar cost of the financing o concession but the dollar amount ot any adjustment shauid approximate the market's action to the financing or concessions based on the appraiser's judgment. STATEMENT OF ASSUMPTIONS AND LIMITING CONDITIONS: The appraiser's cenification in this report Is subject to the toHowing assumptions and limiting conditions: 1, The appraiser wil not be responsible tor matters of 2 legal nature that affect either the property being appraised or the Me 10 it, except for information that he or she became aware of during the research involved In performing this appraisal. =~ The appraiser assumes that the ttle is good and marketable and wil! not render any opinions about the title, 2, The appraiser has provided a sketch in this appraisal report to show the approximate dimensions of the improvements. The sketch is Inchided only to gssist the reader in visualizing the property and understanding the appraiser's determination Wits size. . 3. The appraiser has examined the available flood maps that are provided by the Federal Emergency Management Agency ‘or other data sources) and has noted In this appraisal report whether any portion of the subject site is located.in an . dentified Special ‘Flood Hazard Area, Because the appraiser is not a surveyor, he or’she makes no guarantees, express or plied, regarding this determination. . : 4. ‘The appraiger will not give testimony or appear in court because he or she made an appraisal of the property In question, aniess specific arrangements to do so have been made beforehand, or as othenise required by law. §. The appraiser has noted in this appraisal report any adverse conditions (such as needed repairs, deterioration, the presence of hazardous wastes, toxic substances, etc.) observed during the inspection at the subject property or thal he or ‘she became aware of during the reseatch invoived in performing this appraisal. Uniess otherwise stated in this appraisal report, the appraiser has no knowledge of any hidden or unapparert physical deficiencies or adverse conditions of the property (such as, but not imited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) that would make the property less valuable, and has assumed that there are no such conditions and makes no guarantees or warranties, express or imptied. The appraiser will not be responsible tor any such conditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist, Because the appraiser is not an expert in the field of environmental hazards, this appraisai report must not be considered as an environmental assessment of the property. &. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that Is subject to satisfactory completion, repairs, or alterations on the assumption that the completion, repairs, or alterations of the subject Property wif be performed in a professional manner. EXHIBIT_S armen Foun WO ag PRE ‘igie Mac Form 465 March 2005 Page 4 of 6 ——_ 52 __ Fannie Mae Form 1073 March 2005 Fox 1073 — “Win TOTAL? appraise) software by a la moi, inc. — {-BDO-ALAMMOOE (ETE ID, EDGE pa Sm eas aN 25 Individual Condominium Unit Appraisal Report 2850Guitefexico/LongB Fle # Encore Mortgage Entermrise PPRAISER'S CERTIFICATION: The Appraiser certifies and agrees that: . | have, at a minimum, developed and reported this appraisal In accordance with the scope of work requirements stated in tis appraisal report. . | performed @ compiete visual inspection of the interior and exterior areas of the subject property. | reported the condition i the Improvements in factual, specific terms. | idestifiac and reported the physical deficiencies that could affect the livability, oundness, of structural integrity ot the property. . U performed this appraisal in accordance with the requirements of the Uniform Standards of Professional Appraisal -Tactice that were adopted and promulgated by the Appraisal Standards Board ot The Appraisal Foundation and that were in face at the time this appraisal report was prepared. . I developed my opinion of the market vatue of the reat property that is the subject of this report based on the sales omparison eppraach to value, 1 have adequate comparable ‘Masket data ta fevelop a refiable sales comparison approach or this appraisal assignment. i further certify thal | considered the cost and income approaches to vakie but did not develop i d in _ }yesearched, verified, analyzed, and reported on any current agreement tor sale for the subject property, any offering for ale of the subject property In the twelve months prior to the ctlective date of this appraisal, and the prior sales of ihe subject Toperty for a minimum of three years prior to the effective date of this appraisal, unless otherwise indicated in this report. . L researched, verified, analyzed, and reported on the prior sales of the comparable sales for a minimum of one year prior 2 the date of sale of the comparable sale, unless otherwise Indicated in this report . . [selected and used comparable sales that are tocationally, physically, and functionally the most similar 10 the ‘subject property, . (have not used comparable sales that were the result of combining a ‘and sale with the contract purchase price of a home that as been bull or will be built on the land, +, Phave reported adjustments to the comparable sales that refiect the market's reaction to the differences between the subject roperty and the comparable sales. 0, [ verified, from a disinterested source, all information in this report that was provided by parties who have a financial Interest in ve sale of financing of the subject property. 1. | have knowledge and experience in appraising this type of property in this market erea. 2. | am aware of, and have access tp, the necessary and appropriate public and private data sources, such as multiple Ksting efvices, tax assessment records, public land records and other such data sources for the area in which the property is located. 3. | obtained the information, estimates, and opinions furnished by other parties and expressed In this appraisal report trom ellable sources that { believe to be trué and correct. . 4. | have taken into consideration the factors that have an impact on vaine with respect to the subject neighbarhood, subject woperty, and the proximity of the subject property to adverse Influences in the development of my opinion of market value, | save noted in this appraisal report any adverse conditions (such as, but not limited to, needed repairs, deterioration, the wesence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) observed during the inspection of the wubject property or thal | became aware of during the rasearch involved in performing this appraisal. | have considered these vdverse conditions in my analysis of the property vaiue, and have reponed on the effect of the conditions on the value and narketabiity of the subject property. 15. | have not knowingly withheld any significant information from this appraisa! report and, to the best of my knowledge, ai watsments and information in this appraisal report are tue and correct. 16. + stated in this appraisal report my own personal, unbiased, and protessional analysis, opinions, and concusions, which we subject only to the assumptions and Emiting conditions in this appraisal report. . 17. have no present or prospective Interest In the proparty that Is the subject of this report, and | have no present or prospective personal interest or bias with respect to the participants in the transaction. | did nat base, elther partially or :pmpletely, my analysis and/or opinion of market value in this appraisal report on the race, color, religion, sex, age, marital satus, handicap, familial status, or national origin of elther the prospective awners or occupants of the subject praperty or of the afesent Owners or occupants of the properties in the vicinity of the subject property or on any other basis prohibited by law. 18. My employment and/or compensation for performing this appraisal or any future or anticipated appraisals was not sonditoned on any agreement or understanding, written or otherwise, that | would report {or present analysis supporting) a oredetermined specific value, a predetermined minimum value, 2 range ar direction in value, a value that favors the cause of any party, or the attainment of a specific resu or occurrence ot a specific subsequert event (such as approval of a pending. ‘nartgage joan application). 19. } personally prepared ai) conclusions and opinions about the real estate that were set forth in this appraisal report. If 1 ‘tlied on significant real property appraisal assistance Irom any individual of Individuals in the performance of this appraisal ot the preparation of this appraisal report, { have named such individuals) and disclosed the specific tasks performed in this appraisal report. | certify that any individual so named Js qualified to pertorm the tasks. | have not authorized anyone to make 2 srorabiity tor mm in this appraisal report; therefore, any change made to this appraisal is unauthorized and J will take no sesponsib! or 20. | identified the Jender/cllent in this appraisal report who 1s the individual, organization, or agent for the organization that ordered and will receive this appraisal report. addie Mar Form 465 March 2005 PageSoff DAGE 53 Fannie Mae Form 1073 March 2005 Form $073 — “WaiTOTAL” anpralsal software by 2 fa mode, Inc, — 1-800-ALAMODE NISTRATIVE or LAINT. auiMiNISTRATIVE COMPLAINT, EXHIBIT #& ___ PAGE 7/5 OF __ is) 1. The jender/clent may disclose of distribute this appraisal report to: the borrower, another lender at the request of the gee or Wis successors and assigns; morigage insurers; govemment sponsored enterprises; other scondary market participants; data cotection or reporting services; professional appraisal organizations: any department, yency, or insiumentality of the United States; and any state, the District of Columbia, or other jurisdictions; without having to Stain the appraiser's oF supervisory appraiser's {if applicable) consent. Such consent must be obtained before this appraisal ‘a ‘any other party (inctuding, but not limited to, the public through advertising, public ies, or other . 2 | am aware that any disciosure of distribution of this appraisal report by me or the lendes/client may be subject to certain ws and regulations. Further, 1 am also subject to the provisions of the Uniform Standards of Professional Appraisal Practice rat pertain to Gsciosure or distribution by me, 2. The borrower, another lender at the request af the borrower, the mastoages or Its successors and assigns, mortgage isurers, government d enterprises, and other secondary market participants may rely on this appraisal report as part | any mortgage finance transaction that involves any one of more ct these parties. 4. Hi this appraisal report was transmitted as an "electronic record” containing my “electronic signature,” as those terms are efined in applicable tederal and/or state laws (excluding audio and video recordings), or a facsimile transmission ot this ppraisal report containing a copy or represemtation of my signature, the appraisal report shall be as effective, enforceable and ahd as if a paper version of this appraisal report were delivered containing my original hand written signature, 5. Any intentional or negligent misrepresentation(s} contained in this appraisal report may tesult in civil lability and/or riminal penalties inciuding, ut not imited to, fne er imprisonment or both under the provisions of Title 18, United States oda, Section 1001, et seq., or similar state taws. ‘UPERVISORY APPRAISER'S CERTIFICATION: The Supervisory Appraiser certifies and agrees that: . (directly supervised the appraiser for this appraisal assignment, have read the appraisal report, and agree with the appraiser's halysis, opinions, statements, conciusions, and the appraiser's certification. . [accept full responsibilty for the contents of this appraisal report inciuding, but not limited to, the appraiser's analysis, opinions, tatements, conclusions, and the appraiser's certificatian. . The appraiser identified in this appraisal report is elther a sub-contractor or an smplcyee of the supervisory appraiser (ar the Ppraisat firm}, is qualified to pertorm this appraisal, and Is acceptable to partarm this appraisal under the appitcable state jaw. . This appraisa! report compiles with the Unitorm Standards af Protessional Appraisal Practice that were adopted and remulated by the Aprasat Standards Bart ot The Appraisal Foundation and that were in place at the tlme this appraisal Sport was pret . «. Hi this appraisal report was transmitted as an “electronic record” containing my "electronic signature,” as those terms are Jefined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile wransmission of this ppraisal report containing @ copy or representation of my signature, the appraisal repert shall be 2s effective, enforceable and aiid as iM x paper version of this appraisal report ware delivered containing ampany Name Appraise tt Al, ompany Address 9140 Osceola Dr_, New Port Richey, Fi, 34654 _ my original hand written signature. SUPERVISORY APPRAISER (ONLY IF REQUIRED) Signature. Name Company Name Company Address 9140 Oscroia Drive, New Port Richey, Fl. 34554 dephone Number (727) 662-4242 naail Address © Debbaipfaol. com, we of Signature and Report June 18,2007 0 fective Date of Appraisal Aprit 09, 2007 cate Certification # St. Cen, Rea. Res, RO=4615 * State License # "Other State # mate Fe gpiratlon Date of Certification or License = 11/30/2008 DDRESS OF PROPERTY APPRAISED B50 Gull Of Mexico Dr, 8 6 ‘pngBoal Key, FL 34226-2918. PPRAISED VALUE OF SUBJECT PROPERTY $ 470,000 ENDER/CUIENT ame racy Eken! ompany Name Encore Mortgage Enterprises: ompany Address 1000S. Belcher Rd. Unit 8-12, Largo, FL 33771 mail Address zmirtracyfamail.com PAGE 54 Page 6 of 6 ridis Mac Form 465 March 2005 ‘Tetephone Number Email Address, Date of Signature: State Certification # or State License # State Fu Expiration Date of Certification or License ‘SUBJECT PROPERTY D Old nat inspect subject property 1D Oid inspect exterior of subject property from street Date of Inspection (C0 Did inspect interior and exterior of subject property Date of Inspection COMPARABLE SALES : (© Did not inspect exterior of comparable sales from street (0) Did inspect exterior of comparable sales trom street Date af Inspection EXHIBIT__5 Form 1D73 —"WiriTOTAL' aopraisal software by a & made, inc. — +-800-ALAMODE, e PR THO. COMPLAINT, PAGE //& SS ‘Mae Form 1073 March 2005 ADMINISTRATIVE !COMPLAINT. EXHiBIT #3. mace q OF (ve NO. ENCOTS srOmMgage CTEM rye Ly 7 re » . (2850Guilofidexica/LongB Individual Condominium Unit Appraisal Repor Fle# Encore Mortgage Entemrise FEATURE SUBLECT COMPARABLE SALE #4 il COMPARABLE SALE #5. ii COMPARABLE SALE # 6 ies an 2850 Gull Of Mexico Dr, #6 © /5400 Ocean Bivd #55 [8900 Blind Pess Rd #A207 ite FL 34228-2518 {Longboat Key pngbost Key opct Name and Neptune a Gecmeera (lo B [Os T- is a en a { Damparaies a04,oasitams Ad 20 S/S ___ 490,000} ress Adi_ the esi te eseaTch an arayss f the por sale or Uansfer isiory Ole sublect propety and compare sales epor addcnal par Saks pap SUBJECT TEM | COMPARABLE SALE #4 COMPARABLE SALE # 5 COMPARABLE SALE #6 eo Pax Saeco [One pricrsale |Nopdar sales fe of Pre Saie/Transier thin 3 years fthin 4 lwithin 1 year ig Source(s) Pub. Rec. Win2,MLS, Micro. iPub.Rec. Win2,MLS,Micro, |Pub Rec. Win2,MLS,Micro fective Date of Gata Source(s) [oarngr2007 08/200 [D672007 | nadysis OL pice sale ot tranater History of ae subject property and comparable sales One prior sale to current awner 05/05 $297,500. Tratysis/Cormemerts ‘Subject was A Condominium conversion with units being offered at an in house price. Sates ranged from $254-399K in 2005. CERI _ dddie Mar Form 485 March 2005 PAGE a Fanaie Mae Form 1073 March 2005 Form 1073.(AG} — “WinTOTAL* appraisal sottwere by a ta mode, inc. ~— 1-800-ALAMODE ADMINISTRATIVE COMPLAINT EXHIBIT #2 PAGE __!&?_ OF NIS BIT #_5 cd RATIVE COMPLAINT, ee EME, Ca mm no Coma PAPA CEE Ft! Subject Photes Subject Front 2850 Guif Of Mexico Dr, #6 Sales Pice 470,000 Gross Living Are G75 Total Roos 5 Toca Becrooms 1 ‘Total Bathrooms: 1 Location Residential ¢ Vaew ‘GultConda Se Typical For Arca Quaity Average Age 400 Et Subject Rear Sublect Street EXHIBIT_5 . PAGE _ Sb form PICPOCSR —"WinTOTAL" appraisal software by ¢la ode, inc. — 1-B00-ALAMODE : ADMINISTRATIVE COMPLAINT. EXHIBIT #_S___ ADMINISTRATIVE COMPLAINT PAGE “l IF XHIPIT # pace 118 oF Subject Interior Photo Page General Consultants or Assignee Property Adress 2850 Gulf OF Mexico Dr ; 7 Size FL____ Up Cote 34228-7918 Subject Interior 2850 Gulf Of Mexico Dr. #6 files Pi Price 470,000 Gross Living Ares 675 Tatal Rows 5 Tout Beonoms 4 ‘Yaka Batwrooms 1 . (ecapon Residential View io Ste Typical For Area Suaity Average ae 400 Ef Subject interior Subject Interior EXHIBIT_S PAGE ___57 Fon PICPXS! — "WinTOTAL* zppraisat software by 2a made, inc. — 1-800-ALAMODE EDAMINISTRATIVE: COMPLAINT. BIT As . (4 _| oF ADMINISTRATIVE COMPLAINT EXHIBIT #. _ pace __1U 7. OF _-_- a a Ex! —— Comparable Photos 1-3 [BomowerfGaem General Consutants or Assignee. ‘Sais Price 485,000 Gross Livan Area S70 Total Rooms 4 Yt Bedrooms = t t ‘ood Battsoorns. 1 Location Residential Yew Bay/Condo Site Typical For Ares uathy Average Ld Sano Eff Comparabie 2 . 3465 Gull of Mexico Dr #106, ‘Sales Prise 499,900 Gms Liveg dex 364 TotalRooms 4 Total edrons = t O04Total Bathrooms: 4 Location Residential View GullCondo Site ‘Typical For Area Oualty Average Me S710 Ef Comparable 3 1400 Mignight Cove Il P 621 8.23 miles SE 435,000 "860 epee qagdiey rey EXHIBIT_5 PAGE __58 Farm PIC3s5.0R —“WinTOTAL® appraisal sottware by a ia mode, inc. ~~ 1-#00-ALAMODE AUWINSTRATIVE COMPLAINT EXHIBIT #_e2 PAGE _/20__ OE “ ADMINISTRATIVE COMPLAINT. ee ne en em - Barometer General Consuhents or Assignee Comparabie Photo Page Property Adderss 1850 Gull Of Mexico Dr jangle Gomparabie 4 5400 Ocean Blvd #55 Pros. to Subject 6.08 mies SE Sales Price 455,000 oss Living Aiea 522 Total Rooms = 4 Todal Besrooms 1 t Total datwooms «1 Location Residential View ‘GulCando Site Quality Average age 3740 Eff Comparable 5 900 Blind Pass Rd #A207 Pro wa Subject 10.83 mites SE Sales Price 500,000 Grass {ining Aiez 731 Tod Rooms SS You Bedrooms 4 Toul Batons «1 Location Residentiat View GuilfCando Sa unity Average ge ‘BBN Et 5 Prox to Subject Sales Price” Gross Living Area Total Rooms ‘Total Bedrooms Tota Bathrooms, Location ew site Ouality age EXHIBIT_5S__ PAGE __ 64 Forma PICS=S.CR — “WinTOTAL* appraisal software by a la made, inc. — 1-800-ALAMODE ADMINISTRATIV E COMPLAINT. ADMINISTRATIVE |COMPLAINT. EXHIBIT # Dc PAGE __/2/ OF ES Location Map . PAGE __ (0 Form MAP_LOC — "Win TOTAL appraisal software by 3 la mode, ine. — 1-800-ALAMODE COMMIS IRATIVE COMPLAINT | ADMINISTRATIVE COMPLAINT EXHIBIT #2 euiat eo Sener PAGE __/22 oF race AS ocd Flood Map Prepared for: Debareh Hall ‘2650 Gulf Of Mexico Dr ‘wee, interfigod.com © 1-800-252-6633 Lang Boat Key, Fi. 34228-2918 EXHIBIT_5S_ PAGE __ tok Form MAP.FLOOD — “Win TOTAL‘ appraisal software hy 2 a mode, inc. — 1-BOQ-ALAMODE AUMINISTRATIVE COMPLAINT EXHIBIT Ho? PAGE 227 _ OF ADMINISTRATIVE COMPLAINT. XHIBT #5 | Page /@ GF ee Building Sketch Net LIVABLE Area GE _ 63. Form SKT BASH! — "Win TOTAL! appraisal software by ala made, inc, — 1-B00-ALAMODE i i I ADMINISTRATIVE COMPLAINT EXHIBIT #_ > “DMINISTRATIVE COMPLA Shee ., : INT Bee 2 ne EXHIBIT #2 “2 cr | PAGE /aq ne _ led 3 - ee License ‘eefltem_General Consultants or Aspmmnee ‘Atdress_ 2850 Guif Of Mexi ‘Shite FL. Code 34278-2918 EXHIBIT_S__ PAGE __63__ Foon MAP Listng —~ “WinTOTAL* appraisal sottware by a ba mode, inc, — {-BOO-ALAMOOE ALMINISTRATIVE COMPLAINT. EXHIBIT # PAGE __ /25" oF ADMINISTRATIVE COMPLAINT, Parcel ZU 1U-U3S-2U ly JiM TODORA SARASOTA COUNTY > PROPERTY APPRAISER =a F LOR IDA Page | of | $2] Printable Version Search for another ID CL | BY 2007 Detail Information for Parcel 2010-08-2019 | Parcel Property Address: 590 GOLDEN GATE PT 1 MONTEREY bespene| UNIT 1 MONTEREY BLDG PIER $50 Incorporation: CITY OF SARASOTA Subdivision Code: £323; Use Code: 0404 Sec/Twp/Rge: 24-36S-17E Census Tract eone) ve os : Zoning: al RESUS Se) ERTS] BEI Ownership WE PIER 550 LLC UNIT 401 BLDG 3 1125 GULF OF MEXICO DR LONGBOAT KEY, FL 34228 Preliminary Values Just (Market) Value: $341,200 (Subject to Change) Land Value: $0 Improvement Value: $341,200 Assessed Value: $341,200 Homestead: No Total Exemptions: $0 Total Taxable: $341, 200 Property Land Area: 0 Total Building Area: 690 Total Living Area: 570 Living Units: 1 Bed / Bath: 1 Bed/1 Bath Pool: No Year Built: 1948 Last Sale/Transfer — Sale Price: $485,000 Date Sold: 6/4/2007 Deed Type: WD Grantor: MINKLEY, JOYCE Updated: 10/2/2007 12:34:00 AM Instrument #: 2007091121 (All Structures) (Enclosed Only} ‘The information appearing on this website was extracted from the records of the Sarasota County Property Appraiser's Office. Our goal is to provide the most accurate information available. However, no warranties, expressed or implied, are provided for the data, its use or interpretation. The property values relate to the Ae hoe a ee a aree Cee ae ees Sa reactant eee All rights reserved. _ Eepomeleagee|| fe hip: (rary PAE CORAL |_parcel_detail -asptyear-20078pfpid 10h " Pane EXHIBIT # - PAGE _/2&@__ oF AINISTRATIV ! Parcel 0003-10-3006 ; Page 1 of 1 fs | Printable Version Search for another Dj | iB] JIM TODORA a SARASOTA COUNTY > PROPERTY APPRAISER =a FLOR IDA 2007 Detail Information for Parcel 0003-10-3006 reel Property Address: 3465 GULF OF MEXICO DR bescapsonss| UNIT 106, BEACH AT LONGBOAT KEY THE Incorporation: TOWN OF Borax Direes LONGBOAT KEY - Subdivision Code: [58)| Use Code: 0439 Sec/Twp/Rge: 06-36S-17E Census Tract (2000) 08.02 Zoning: R3MX EOE] EERO] Rheweywss| Rivers] Bee] Ownership WALKER COMMUNITIES LLC 319 W ROYAL FLAMINGO DR SARASOTA, FL 34236 : Preliminary Values Just (Market) Value: $418,950 (Subject to Change) Land Value: $0 Improvement Value: $418,950 Assessed Value: $418,950 Homestead: No Total Exemptions: $0 Total Taxable: $418,950 Property Land Area: 0 Total Building Area: 342 (All Structures) Total Living Area: 342 ; (Enclosed Only) Living Units: Bed / Bath: 0 Bed / 0 Bath Pool: No Year Built: 1950 Last Sale/Transfer Sale Price: $499,900 Hensal Date Sold: 2/27/2007 : Deed Type: WD : Grantor: SHANGOLD,LEE ae Updated: 10/2/2007 12:34:00 AM Instrument #: 2007033945 Baview Documents ‘The formation appcaring on this website was extracted from the reconds of the Sarasota County Property Appraiser’s Office. Our goal is to provide the most accurate information available. However. no Warrantics. expressed or implied. are provided for the data, its use or interpretation. The property values relate to the last valuation date. The data is eee to change Copyright @ 2001 - 2007 Sarasota Connty Property Appraiser. All rights reserved. HomePage; metiome bagess| iefesi pope] (be soeat sronenyael| SESacsseacsipy eae ty feeReal-Property: IPAGE ADMINISTRATIVE COMFLAINT. AED Ae BiisbliprOpeay nRtNGba_parcel_detail. asp yearn Sp id=0003-10-3006 voDaee7 EXHIBIT #_& Dane a | OF es PAGE __/27_ oF TE me Status: Map a: Unit 3: s o5 106 Pool Y/N: YC Waterfront Y/N: Y Furnished: Turnkey Furnished Minkse/Y¥e: No Minturn / 365 decatadon the hot ae You can wae night act tne door bo Your awn prwate c sand beach or watk to the pool for a swim. ‘This condominium has @ rarely availabe flexible rental program which is income. producing and would aiso work weil for someone on the key wheneeds extra space for the children and grandchildren. Professionally destgned with beaut Fomishings, granite Counters, chery wond @abinetry, tie floors, and turkey furnished. Land and Site Infarmation (Cando Kame: The Beach at Longboat Key (Community: Neighborhood: Property 10: 888388 Cando Code: The Bead At Longty = Sec/Twn/Rng: Zone: RES Legal: Unit 106 Beach@Longboat Key OR Boak/Page: Lot SqFt: Security Features: Water Desc: Gulf Front ‘Unit View: Full Gulf View View Exposure: W Water Access: Deeded Beach Access ‘Suilder: Model: Interior Infarmation Approximate Dimensions - Living Rm: 16x16 Kitchen: Main Bed: Balcony: Screen Porch: Great Rm: Breakfast: 2 Bed: Bonus Rm: Laundry / Util: Dining Rm: Den: 3 Bed: Media Rm: # Ceiling Fans: 1 Famity Rm: Office: 4 Bed: Fla Rm: FP/FP Desc: Bedroom Desc: 1 Bedroom Main Level Main Bath Desc: Combined Tub/Shower Floor Desc: Ceramic Equipment: Dishwasher, Disposal, Microwave Oven, Electric Range, Refrigerator, Smoke Detectors Energy: Central Heat/Cool Living Area: Interior Features: Kitchen Updated, Open Pian, Solid Surface Counter, Window Coverings Exterior Information Architectural Style: Garden Down Construction: Concrete Block/Stucco Roof Responsibility: Other Parking: Drive Space Exterior Features: Common Laundry, Open Porch/Balcony, Siding Glass Door Cammunity Information Amenities: — BBQ/Picnic, Pool Heated Restrictions: No Exterior Alterations Condo Fee Includes: Toe Te Common Grounts, est Conia nse, Pest Control Queda, Recreational Faces, Water/Sewer Unt Schools Elem/Middle/High:* Southside / Booker / Booker Financial and Special Information Miscell: vage LOT! * Disciaimer - Verify with Schoo! Baard tor Current Boundaries Gross Prop Tax: $3,561 Tax Year: Tax Dese:. City-County Annual COD: * Condo Fee: . $571 (Condo Fee Pay Schedule: . BuyerAppFee: 0 Other Annual Fee: Special Assessment: ‘Other Fees Y/N: Lj Land Lease/Mo: Rec Lease/Mo: ‘Special Info: Condominiwn Documents Available, Flood Insurance Required, Lead Paint Disctosure Required, Seller Property Disdosure Available Management: Of Site Mgmt Co: Resort Quest Mantt Co Phone: 941-383-9505 Realtor Information List Agent: Hannerte Moore PA Lister ID: 263455 Lister Phone: 941-383-7171 Lister Cell: Lister Emait: hagnerte, moore @skysothebys.com Lister Fax: Colist Name: CoList ID: Colist Phone: CoList Cell: Office Name: SKY Sotheby's Int Realty Office Address: 546 Bay Isies Road _ Office Phone: 941-383-7171 . Office ID: ‘SxyyYo2 Rep: TRANS BROKER Office City/St/Zip: , FL 34228 ‘Office Fax: 941-827-9765 ‘(Ust Type: R Terms: Conventional Mtg Possession: Negatlable (Call Center: Internet Ok: Y IDX Address Display: N Limited Service: N NonRep: N Range Price: N Listing Date: 11/20/2006. Original LP: $499,000 Previous LP: $499,900 MLS Only: N Price Change Date: . Pending Date: 03/01/2007 Cuntract Gate: 01/30/2007 Expiration Dt: W/D Date/Cond: Sold Date; 03/01/2007 Soid Price: $499,900 DOM: 71 cpom: poom: SP/SgFt: $1,373 LP/SP Ratio: 25.00% LP %Change: -20.05% SP/Tax Mkt Value Ratio: Showing: 24 Hour Notice, Cait Office Buyer Comp: 3 TransComp: 3 Non Rep Comp: 1 Owner Name: on file Selling Agent: Reid Murphy / 246040 Seller Credit: Quer Phone: Seliing Office: Developers Realty Inc / TNGR Seid Finance: CASH Soid Remarks: Bonus: Directions: 3465 Gulf of Mexico Drive - Longboat Key, Florita 34228 Agent Private Remarks: ‘All Information, regardless of source, including square footages and tot Sizes, [5 deemed refiable but is not guaranteed and should be Copyright, Sarasota MLS, 2007 verified by personal inspection by and/or with the appropriate professionai{s). ADMINISTRATIVE COMPLAINT EXHIBIT_|7 anti EXHIBIT #2 PAGE i457" ey ae - AB eye, 1 PAGE _/29 __ oF SAGE 2 http://sar.mlxchange.com/3.0.09.83/Search/PrintPreviewDlg.asp 10/6/2007 Parcel 0108-01-6082 : ; Page 1 of 1 e| S| Printable Version Search for another ID JIM TODORA SARASOTA COUNTY tees PROPERTY APPRAISER | 2007 Detail Information for Parcel 0108-01-6082 Parcel Property Address: 1400 MIDNIGHT COVE II PL 621 BLD 6 Sibesawtone| UNIT 621, BLDG 6, MIDNIGHT COVE IL, ORI 2007025354 Incorporation: UNINCORPORATED Subdivision Code: 2475] Use Code: 0404 Sec/Twp/Rge: 19-37S-18E Census Tract (2000) 19. han Zoning: RMF Saves] Pex oy Biienesse| Beam Ownership ANDERSON VINCENT L 55 HAWTHORNE AVE STATEN ISLAND, NY 10314 Preliminary Values Just (Market) Value: $398,300 (Subject to Change) Land Value: $0 Improvement Value: $398,300 Assessed Value: $398, 300 Homestead: No Total Exemptions: $0 Total Taxable: $398,300 Property Land Area: 0 . Total Building Area: 1,010 (All Structures) Total Living Area: 860 (Enclosed Only) Living Units: 1 Bed / Bath: 2 Bed / 1 Bath / 1 Half Bath Pool: No Year Built: 1979 Last Sale/Transfer Sale Price: $495,000 Date Sold: 1/11/2007 Deed Type: WD Grantor: HEMKE,PHILIP E Updated: 10/2/2007 12:34:00 AM Instrument #: 2007008491 EEE ‘The information appearing on this website was extracted from the records of the Sarasota County Property Appraiser's Office. Our gotl is to provide the mest accurate information available. However. 20 warranties, expressed or implied, are provided for the data, its use or interpretation. The prop values relate to the Oe ae eee ee| ors Ga | Seas Sareea | ae _! IBITS ig 3E http://www. sarasotaproperty net/scpa_parcel_detail. — wits aguas 10/2/2007 - AUWUINIS TMALIVR GUivnm WAR & EXHIBIT #_& ‘ a 2aGE 22 oF paerrcs rage 1urt Sorasota Association of REALTORS Agent Detail Photo Report - Condominium 20/06/07 | 06:17 PM MLS#: 318111 1400 COVE TWO Pi # 621 BLD 6 Sarasota, FL 34242 tee ~ ‘area: Pe) ‘Status: $s List Price: $549,000 County: Sarasota Mapl/7: G14 Low List Price: Bedrooms: 2 Unit #: «G21 BLDG ‘ADOM: Full Bath: 1 Pool Y/N: YC Soft Liv Area: 1 Tax Rott Hatt Bath: 1 Waterfront Y/N: Y Tata! SqFt: #CovPark/Dese: 1/ DitCpt . Furnished: Turnkey Furnished LP/SqPt: $638 #UnCovPark: Mintse/Yr: 2 Weeks / 26 Y8/Cond: 1579 Pets/@/Size: Y/1/Small Unit Levet: 2nd et oN End unit: 8 | - UPDATED * WOOD FLOORS IN LIVING ANDO DINING AREA * GLASSED-IN LANAI BECOMES ‘OF LIVING ROOM * GREAT VIEW OF BOAT BASIN AND POOL * BEAUTIFULLY FURNISHED * WASHER/OR’ ER IN UNIT * CAPRORT * DEEDED BEACH ACCESS TO ONE OF THE THE MOST BEAUTIFUL BEACHES IN THE WORLDH! Land and Site Information Condo Name: Midnight Cove IT Community: Neighborhood: Property 1D: 0108-01-6082 Cando Code: Midnight Cove Sec/Twn/Rog: Zone: RMFS Legal: UNIT 623 BLDG 6 MIDNIGHT COVE IT OR Book/Page: Lot SqFt: ‘Security Features: Night Security Water Desc: gay, BoatAcc, NoBridg Unit View: Pool/Oub, Water View Exposure: SW) Water Access: Community Boat Dock, Deeded Beach Acness Sulder: Model: Interior Information Approximate Dimensions - Living Ren: 19x15, Kitchen: SxB Main Bed: 10x13 Balcony: ‘Screen Porch: 19x76 Great Rm: Breakfast: 2 Bed: tox1d Sonus Rm: Laundry /Util: Dining Rm: Den: 3 Bek Media Rm: # Calling Fans; . - Family Rm: Office: 4 Bed: Fla Rem: FP/FP Desc Bedroom Desc: Main Bath Desc: Combined Tub/Shower Foor Desc; Carpet, Ceramic, Wood. Equipment: Dishwashes, Disposal, Micaweve Oven, Electric Range, Reffigeratar, Smoke Detectors, Washer Energy: Central Heat/Cool Living Area: Interior Features, Combo Living/Dining Rm, Domed Kitchen, Formica Cabinets, Kitchen Updated, Open Ptan, Pantry, Solid Surface Counter, Utility In Living Ares Exterior Information Architectural Style: Garden Up Construction: Concrete Black/Stucco Roof Responsibility: Condo ‘Other Parking: Guest Parking Window Desc: Single Hung . Exterior Features: Bike Storage, Extra Storage, Glass Porch/Balcony, Sliding Glass Door Community Information Amenities: BBQ/Picnic, ClubHouse, Kitchen, Pool Heated, Tennis/Hard Surface Restrictions: No Exterior Alterations, fto Trucks/Res, Tenant-No Pets Approvat: Application Fee Miscel: Condo Fee Inctudes: Cable J¥, Common Grounds, Landscape/Lawn, Maintenance/Repairs, Manager, Pest Control Inside, Pest Control Outside, Private Road’ Public In Schoots Erem/Middle/High:* — Phifiippi Shores / Brookside / Sarasota . * Disclaimer - Verify with School Board for Current Boundaries . Financial and Special Information . : Gross Prop Tax: $3,517" Tax Year: * Tax Desc: County“! Annua! CDD: Condo Fee: $362 Condo Fee Pay Schedule: Buyer App Fee: 50 Other Annual Fee: ‘Special Assessment: ‘Other Fees Y/N: Land Lease/Mo: Rec Lease/Mo: Special Info: Seller Property Disclosure Available - : Manegement: Condo Association Mgmt Co: Midnight Cove I A Mgmt Co Phone: 349-1163 . Realtor Information List Agent: Caro! Tring Lister ID: 269326 LUster Phone: 941-349-4478 Lister Cefl: Lister Email: camizigg@comeast.net Lister Fax: Cotist Name: CoList 1D: CoList Phone: CoList Cell: Office Name: CENTURY 21 Advantage ‘Office Address: 60.21 Midnight Pass Road + Office Phone: — 941-: Office ID: ‘ADVNO2 Office City/St/Zip: , FL 34242-3213 Office Fax: 941-345-2011 List Type: a Possession: Negotiable, Subject to Lease Calt Center: Internet Ok: Y Umited Service: N NonReg: N Range Price: N Listing Date: 07/11/2006 Previous LP: MLS Daly: nN Price Change Date: Pending Date: 11/07/2006 ‘Expiration Dt W/D Date/Cond: Sold Date: = 01/16/2007 bom: Dom: Poor: SP/SqFt: $872 LP/SP Ratio: 90.00% LP %eChange: 0.00% SP/Tax Mkt Value Ratio: Showing: Cali Office, Tenant Occupied - Buyer Comp: 3 Trans Comp: 3 Non Rep Comp: 0 Owner Name: —HEMKE PHILIP E Setting Agent: Kenneth Brand / KWE9632 Seller Credit: $2500 | Owner Phone: Selling Office: Midnight Cove 11 Condo Sales / MCI Sold Finance: CONV Sold Remarks; Bonus: . Directions: Midnight Pass Rd just N of Stikckney Pt to Midnight Cove TT to bldg 1400. Agent Private Remarks: THIS IS A 1031 EXCHANGE. . ‘AI Information, regardless of source, including square footages and lot sizes, Is deemed reliable but Is not guaranteed and should be Capyright, Sarasota MLS, 2007 Verified by personal inspection by and/or with the appropriate professional(s}. ADMINISTRATIVE COMPLAINT ADMINISTRATIVE COMPLAINT EXHIBIT #t¢) exuigit #6 | pace __(20.0f 2 EXHIBIT. | http://sar.mIxchange.com/3.0.09. 83/Search/PrintPreviewDlg.asp 10/6/2007 PAGE [4G PAGE VU | OF Parcel 0080-25-1023 aise] 22 | Printable Version Search for another ID |, ‘ JIM TODORA SARASOTA COUNTY SA PROPERTY APPRAISER =a F LO RIOD A Page 1 of 1 2007 Detail Information for Parcel 0080-25-1023 Parcel Property Address: 5400 OCEAN BLVD 55 (bescipeon | UNIT 55 THE TERRACE Incorporation: UNINCORPORATED Subdivision Code: 2352'| Use Code: 0405 See/Twp/Rge: 11-37S-17E Census Tract (2060) 19.03 Zoning: RMF] LAUGHLIN MICHAEL 1796 W EAGLE TRACE BLVD CORAL SPRINGS, FL 33071 Ownership Just (Market) Value: $399,100 Land Value: $0 Improvement Value: $399,100 Assessed Value: $399,100 Homestead: No Total Exemptions: $0 Total Taxable: $399,100 . Preliminary Values (Subject to Change) Land Area: 0 Total Building Area: 568 Total Living Area: 522 Living Units: 1 Bed / Bath: 0 Bed /1 Bath Poel: No Year Built: 1970 Property (All Structures) (Enclosed Only) Sale Price: $455,000 Date Sold: 6/20/2007 Deed Type: WD Grantor: BLOM,THOMAS E Instrument #: 2007110413 Last Sale/Transfer Updated: 10/2/2007 12:34:00 AM ‘The information appearing on this website was extracted from the records of the Sarasota County Property Appraiser's Office. Our goal is to|provide the most accurate information available. However. no Warrantics, expressed or implied, are provided for the data. its use or interpretation. The property values relate to the re data is ight @ 2001 Sarasota Property rights reserved RES : NE se 5 rowini STRATE (price 14 EXHIBIT # P. hitp-//uerw: sarasotapropertynet/scpa. perce! detail. ayy 008 25-1923 1044/2007 EXHIBIT 42 vage JBL oF Print ‘ Sarasota Association of REALTORS Agent Detail Photo Report - Condominium q area 81 Status: s Map L/#: Unit #: Pool ¥/W: 10/06/07 Eff: N End Unit: MLS#: 351714 5400 OCEAN Bivd #55 Sarasota, FL 34242 Page 1 of 1 6:19 Pe ‘THE BEST OF SIESTA KEY direct beachfront and full guifview, onsale miley ales eal appliances, and fumiture. Turkey. Exercise room and heated beachfront pool. Watk to Siestavil Land and Site Information Condo Name: The Terrace Cammunity: Neighborhood: Property ID: 0080-25-1023 Condo Code: The Terrace Sec/Twn/Rag: 11/37/17 Zane: RMEL Lagat: UNIT 55 THE TERRACE . OR Beok/Page: Lot SqFt: Security Features: Water Desc: Gulf Front Unit View: View Exposure: NW Water Access: Deeded Beach Actes Builder: Model: . Interior Information Approximate Dimensions - Uving Rm: 12x14 Kitchen: 6x9 Main Bed: 12x14 Balcony: = 4x24 Screen Porch: Great Rm: Breskfast: 2 Bed: Bonus Rm: Laundry /Uti: Dining Rm: Den: 3 Bed: Media Rm: # Ceiling Fans: 1 Family Rm: Office: 4 Bed: Fa Rm: FP/FP Des: Bedroom Desc: 1 Bedroom Main Level Main Bath Desc: Shower Only Floor Desc: Carpet, Ceramic Equipment: Dishwasher, Disposal, Micowave Oven, Electric Range, Refrigerator, Smoke Detectors Energy: Central Heat/Cool living Ares: Maint Level Interior Features; Pantry Exterior Information Architectural Style: High-Rise Construction: Concrete Block/Stucco Roof Respensibility: Condo Other Parking: Guest Parking Window Desc: Siding Exterior Features: . Community Information Amenities: Fitness, Poo! Restrictions: No Trucks/Rvs Approval: Buyer Approval Required, Tenant Approva’ Miscell: Condo Fee Includes: Common Grounds, Landscape/Lawn, Security Schools Elem/Middie/High:®™ ././. * _® Disclaimer - Verify with School Board for Currerit Baundaries * Financial and Special Information . Gross Prop Tax: $5,387 Tax Year: 2005. TaxDesc: City-County annual CDD: Conda Fee: $376 (Condo Fee Pay Schedule: Monthly Buyer App Fee: 0 ther Annual Fee: ‘Special Assessment: Other Fees Y/N: Land Lease/Mo: Rec Lease/Mo: Special Info: Maragement: Condo Assocation Mgmt Co: THE TERRACE Mgmt Co Phane: 0 Realtor Information List Agent: Douglas Addec Laster ID: DAI964 Lister Phone: 561-218-6558 Lister Ceti: Lister Email: daddeo@adeiphia.net Lister Fax: 561-477-2465 CoList Name: Colist ID: CoList howe: _ Colist Cet: Office Mame: Commumity Realty Office Address: 9922 Paima Vista Way ‘Office Phone: 561-218-6558 Office ID: COMR Rep: Non-Rep Broker Office City/St/Zip: Boca Raton, FL 33428 Office Fax: 9 561-477-2465 List Type: ER Terms: Conventional Mtg Possession: Negotiable Call Center: Internet Ok: Y IDX Address Display: Y Limited Service: NonRep: Y Range Price: N Usting Date: 05/18/2007 Original LP: $499,000 Previous LP: MLS Oniy: N Price Change Date: Pending Date: 05/18/2007 Contract Date: 05/18/2007 Expiration Dt: W/D Date/Cond: Sold Date: = 06/20/2007 Sold Price: $455,000 DOM: cooM: PDOM: SP/SqFE $871 LP/SP Ratio: §— 91.00% LP %eChange: SP/Tax Mkt Value Ratio: Showing: Ltd Svc/Call Owner Buyer Comp: 3.00 Trans Comp: 3.00 Non Rep Comp: 3.00 ‘Owner Name: Tom and Sheila Biom Selling Agent: Susan Kirk / SHK6832 ‘Seller Credit: ‘Qwmer Phone: 941-320-0846 Selfing Office: RE/MAX Tropical Sands / RMXT Sold Finance: CONV Soild Remarks: Bonus: Directions: § ——_-US 42 to Siesta Drive to Siesta Vilage. The Beach Terrace is at the southern end of the Village, 5400 Cosan Boulevard. Agent Private Remarks: =CALL OWNER TO SHOW AT 941-320-0846, OFFERS TO OWNER, COPIES EXECUTED DOCS TO LIST AGENT FAX 561-477-2465, PLEASE GIV All Information, regardless of source, induding square footages and lot sizes, is deemed reliable but Is not guaranteed and should be ‘Copyright, Sarasota MLS, 2007 ‘verified by personal inspection by and/or with the 2ppropriate professional(s), ADMINISTRATIVE COMPLAINT ADMINISTRATIVE COMPLAINT. EXHIBIT a EXHIBIT 14 EXHIBIT #lp | pace __| 72 oF http://sar.mixchange.com/3.0.09.83/Search/PrintPreviewD!g.asp PAGE 153 ease __? OF —__——- 10/6/2007 Parcel 0129-17-1021 ; Page 1 of 1 eee = Printable Version Search for another ID L_ _ 8] JIM TODORA SARASOTA COUNTY we PROPERTY APPRAISER . =a FLORIDA : ‘ 2007 Detail Information for Parcel 0129-17-1021 Parcel Property Address: 8900 BLIND PASS RD A207 ssamsona| UNIT A207, FISHERMANS COVE ADDITION Incorporation: UNINCORPORATED Subdivision Code: #885if Use Code: 0404 Sec/Twp/Rge: 32-378-18E Census Tract (2000) 19.02 cmpning: RSF! Bil ERE) See RS Ly Ownership PFAFF ERIC C/Q ALLIED ENTERPRISES 26021 CENTER RIDGE RD WESTLAKE, OH 44145 Prelimi ues Just (Market) Value: $457,800 (Subject to Change} Land Value: $0 Improvement Value: $457,800 Assessed Value: $457,800 Homestead: No Tetal Exemptions: $0 - Total Taxable: 3457,800 Property Land Area: 0 Total Building Area: 852 (All Structures) Total Living Area: 731 . (Enclosed Only) Living Units: 1 Bed / Bath: 1 Bed / 1 Bath Pool: No Year Built: 1969 L ra Sale Price: $500,000 fansfersi Date Solid: 5/3/2007 Deed Type: WD Grantor: KRAVEC,KENNETH P Updated: 20/2/2007 12:34:00 AM Instrument #: 2007076301 ‘The information appearing on this website was extracted from the records of the Sarasota County Property Appraiser’s Office. Our a goal i is to provide the most accuratc information available. However, ao warranties, ape or implied, are provided for the data, its use or interpretation. Th © property values relate to the last vahration date. The dati is i subject Co} reserved, b 2 seas gir aE plow THRE PORE CORFE a vear-209 prondQOIIS-eToni _ 102/200 EXHIBIT PAGE _/ 22 _ oF Print Sarasota Association of REALTORS: Agent Detail Photo Report - Condominium 19/06/07 Page 1 of 1 (06:18 PM MLS#:'334587 8900 BLIND PASS RD # APT A207 SARASOTA, FL 34242 Area: 82 ‘Status: s List Price: $559,000 County: Sarasota Map L/#: = G/16 Low List Price: Bedrooms: 1/1 Unit #: APT A207 aADOM: Full Bath: 1 Pool Y/R: Yo Sqft LivArea: = 731/ Tax Watf Bath: Waterfront Y/N: Y Total SqFt = 852 #CovPark/Desc: / None Furnished: Turkey Furnished LP/SqFt $764 #UnCovPark: 1 MinLse/Yr: 1-7 Days / 52 YB/Cond: = 1969 Pets/#/Size: N Unit Level: 2ND Eff; N End Unit Virtual Tour: http: //wwye,visualtour.com/show.2s?sk=298t=837497 ‘This fabulous 1br at Fishermans Cove is in great condition for 3 rental or personal residence. ‘on Siesta Key! Land and Site Information Cando Name: Fishermans Cove Community: Neighborhood: Property ID: — 0129-17-1021 onda Cade: Fishermans Cove Sec{Twn/Rng: 32/37/18 Zone: Legat: UNIT A207 FISHERMANS COVE ADDITI ON ORI 2001127149 - 7151 . OR Scok/Page: 03/33 ‘Lot SqFt: 0 Security Features: Water Desc: Gulf/Bay, Gulf Front, Gulf Side of Road, Sait Water, IntraCoastal 2006 gross income is estimated to be over $22k, Fantastic views of the gulf, avaliable boat slips, and very quiet location RSFL Unit View: Full Gulf View View Exposure: W Water Access: Private Beach Builder: Model: Interior Information . Approximate Dimensions ~ Living Rm: 23x13 Kitchen: Main Bed: 19x13 Balcony: ‘Screen Porch: Great Rm: Breakfast: 2 Bed: Bonus Rm: Laundry (Uti: Dining Rm: 9x8 Den: ‘3 Bed: Media Ri: # Ceiling Fans: Family Rm: Office: 4 Bed: Fla Rem: FP/FP Desc Bedroom Desc: Main Bedroom Main Level Main Bath Desc: Floor Desc: Carpet, Ceramic Equipment: Energy: : Living Area: Main Level Interior Features: Formica Cabinets, Elevator Exterior Information Architectural Style: Mid-Rise Construction: Concrete Block/Stucco Roof Respunsibility: {Condo Other Parking: Window Desc: Exterior Features: Bike Storage, Common Laundry, Extra Storage, Screened Porch/Lanal, Siding Glass Door Community ti Restrictions: No Exterior Alterations, No Trucks/Rvs, Tenant-No Pets Condo Fee Includes: Cable Ty, Common Grounds, Elevator, Fidelity Schools Elem /Middle/High:* Philippt Shores / Brookside / Sarasota Financial and Special Information Information Approval: Apoiication Fee, Buyer Approval Required = Misceil: Bond, Landscape/Lawn, Manager, Pest Control Inside, Pest Control Outside, Private Road, Public - ™ Disclaimer - Verify with Schoo! Board for Current Boundaries Annual CDD: - Gross Prop Tax: $6,475 Tax Year: 2006 Tax Desc: Conde Fee: $00 Condo Fee Pay Schedule: Monthly Buyer App Fee: 50 ‘Other Annual Fee: Special Assessment: Other Fees ¥/N: Land Lease/Ma: Rec Lease/Mo: Special Info: Management: Condo Assodation, On Site, Onsite-Rental Office Mamtt Co: Fishermans Cove Mgmt Co Phone: 941-349-7400 Realtor Information ‘List Agent: ‘Thomas Ward Lister ID: 141380 Lister Phone: 941-350-2463 Lister Celi: 941-450-2463 Uster Email: tward@comcast.net Lister Fax: 941-346-7354 CoList Name: Colist Ip: Colist Phone: Coiist Cell: Office Name: Waterside Realty LLC Office Address: $221 Ocean Blvd Suite 2 - Office Phone: — 941-346-7454 Office 1D: WATR Rep: Single Agent Office City/St/Zip: Sarasota, FL 34242 Office Fax: 941-346-7354 List Type: ER Terms: Possession: Subject to Lease Cait Center: Internet Ot: IDX Address Display: N Limited Service: N NonRep: N Range Price: N Listing Date: 12/15/2006 Original LP: $629 Previous LP: $579,000 MLS Only: N Price Change Date: Pending Date: 05/01/2007 Contract Bate: 04/26/2007 Expiration Dt: W/D Date/Cand: ‘Sokd Date: 95/04/2007 Sold Price: $560,000 BOM: 132 CDOM: PDOM: ‘SP/SaFt. 3683 UP/SP Ratio: 89.00% Showing: Call Office : Buyer Comp: 3 TransComp: 3 Selling Agent: Brian Livesey / 0BS467 Seiling Office: Waterside Realty LLC / WATR ‘Sold Remarks: Directions: South on Midnight Pass to Bind Pass Road (Turtle Beach), building on right. Agent Private Remarks: Painting over the sofa and alsa in foyer de nat convey. All Information, negardiess of source, Copyright, Sarasota MLS, 2007 AUMINISTRATIVE COMPLAINT, EXHIBIT # PAGE __/ Z OF http://sar.mixchange.com/3.0.09.83/Search/PrintPreviewDlg.asp verified by personal inspection by and/or with the appropriate professional{s). LP %Change: 88771,2; SP/Tax Mkt Value Ratio: = 1.07% Non Rep Comp: 3 ‘Owner Mame: KENNETH P KRAVEC Seller Credit: Owner Phone: ‘Sold Finance: CASH Bonus: including square footages and jot sizes, is deemed reflable but is not guaranteed and. should be EXHIBIT 2.0_gpMiniSTRATIVE COMPLAINT. PAGE __ {S57 eExnisiT # Ane PAGE OF ——__—_——- 10/6/2007 4 FROM: Deborah M. Hail & Assac. ‘Appraise It All 9140 Osceata Dr. New Port Richey, FL 34654 Telephone Number: 727-862-4242 Fax Nuniter: 727-862-4200 Te: Encore Mortgage Enterprises 1000 S, Belcher Rt. Unit B-12 Lange, FL 33771 ‘Telephone Number: (321) 206-6836 tacatataomber Lender: Encore Morigage Enterprises Purchaset/Serower: Generai Consuttants or Assignee Property Atkirest: 2850 Guif Of Mexico Dr City: LongBoat Key . : County: Sarasota LLegel Description: Unit, Neptune Or LongBlost Key ADMINISTRATIVE COMPLAINT EXHIBIT #_& PAGE LO OF ‘a, Fo 5— WTI" apa tan a oe — 1-0. ALVIS TRATIVE COMPLAINT, - EXHIBIT #2 PAGE _/3@_ of £ ® a a wan ve = Wee Ye 545 = pat eo Aluy Ya co? — CHA “ MOSLELNOME Mil, ott EXCTERIOR/MRCWET BUAR FUND . , a. Detvyewny a - Rania : aoe Ee Be Wo View, 7 woe Pireptace ve @® ‘ goons : = i Catigg Poss 2 —_——— Hones Eecorky ve c ~— —_—_—===== Ridgs Veot ea ——— . ee . ves no | . HOA FERS Nesuber oF Unite hs prejeat__Phenbor of Unite For finla__ BLEMENTS. | aDOMOoINT Play: 5 rm yo) pays (OTHER X300ND FLOOR Tree REO IRRS_SED_WER 2ST PERSO STOM_ SM Mae_Wo_pay_pao_pwrq| progr, sro i rppary we COMPLAINT. it a ADMINISTRATIVE COMPLAINT EXHIBIT #2 PAGE _/37_ OF “ 41Z, 000 STUDS l- bed ~ ? . = i~6Aer- Z~ LAU 200 Ver vane eon 2) Adee EMD 360. STUDIO - Fou GOLF Fiten (4 vitals ROB =o “TS Mine 4G a THMASG AY. R10. FOL) berMmSE TI . # 77} $2 WW Wose TDW INOS / yuis AK 120 | 28 - 234 ag “Wo Monnet | / ADMINISTRATIVE COMPLAINT | cron goth 4A LAINT. EXHIBIT de? KEIBIT # pace _/ 38 _ oF “ Pane OF ADMINISTRATIVE COMPLAINE EXHIBIT # PAGE 139 OF wage ney, HduY ACY, OL ATmnGS Key Champers of Commerce on the guif coast of F... Page 2 of 5 incorporated as a township in 1955 and is governed by a seven Town Commission, exch: ‘erm The Payor by elecoed the 8 beo-year massion, each serving & two-year sor tp 2 on soaking ate ‘Comi appoints a Oty Manager. Separtments include pollen, public works, buliding, zoning and cock compliance, Ainance, housing and Community Oevelopment, Van Wezel ing Arts Hi Planning and Expineesings mt ven id * sampuvet acy, Lido Key, St, Atmands Key Chamber of Commerce onithe gulf coast of F.. Page 1 of § Fer £2 Yous Real Extate teets Homes & Condominiums commen ater tn tsand's Longbant Key lies in two counties q northern eed sum on the eaters halt Te aoe ae EXHIBIT. oe : PAGE __ 6% bup-Awww longboatkeychamber.convcemmunity htm haat Longboat Key, Lido Key, St. Armands Key Chamber of Commerce on the gulf coast of F... Page 3 of 5 ‘Tova! housing units by type are: Sencar cial units by type are: Se er meng (205 ‘Single Family: fone Udo Kay Housing units by tyee sre: ‘Single-family homes: ‘eerage saie price for housing: [2005) ‘Single Family Home $1,618,228 Condamini oid $1,426,182, ‘St Armands Key Housing unitz by tyoe are: toe” " ig preroge sale price for housing: (2005) ‘sal a Single Home, Conteminnte ‘$1,426,182 Langboat Key's primary tunsportation element Is Gulf of Mexico Urive (5.R. 729) fa rrate Righey classified es "urban nuvor arteret= havara the ‘airport, extensive bus service, major state highways and the bighwoy system, Intemational Alpert, just east eera Tee ADMINISTRATIVE COMPLAINT, EXHIBIT PAGE 4YO__ OF Fa Longboat Key, Lido Key, St. Armands Key Chamber af Commerce on the gulf coast of F_.. Page 4 of § http://www. longboatkeychamber.com/community htm ADMINISTRATIVE COMPLAINT EXHIBIT #_9 _ t ‘gf Tamiam Trail (US 41) on the Manatee/Sarasota County Ene, fs # convenient So runutix hom Langhoae Key nad . Carriers inciude ATA, Continertsi, US Airweys,.Northwest, Canvdet, detive, American & Delta, Commuter service is provided by alr Sunshine & Conair. For information call S4f-359-S200 or visit eedine a née arGcalartsciee sea ‘There It one who makes house calls. Be Andres Brand Web Site: DrBrand. coe 941-383-6422 3-504-2725 Cel 941-383-4746 Fax . . Hur, Seen ~4:00 pm H-F Brenings, weekend, hallday appointments avaliable Thers ere several hospitals located in both Bradenton & Sarasota. = Blake Medical Center, Manztne Memoriat and Ranch Medical Center ‘Sarewota: Sarasota Memorial & Doctors Hospkal Longboat 341-383-2345 6860 Drive, South Offers act Gases in 2 vanety of media Tha Education Center 943-383-8811 5370 Guilt of Mexico Drive, Centre Shozs Continuing educetion in more than 100 areas ‘There are no schools on Longboat Key, Chitdran are bused on Tesldearts county (see betow) one near ny: Anna Marfa Elementary School Middia Sehooi Gayshera High School ADMINISTRATIVE COMPLAINT PAGE 4 OF ADMINISTRATIVE COMPLAINT. c Longooat Key, Lido Key, St. Armands Key Chamber of Commerce on the gulf coast of F... Page 5 of 5 ‘Surasots County: Seeker Mane ey Booker Fgh Senet Institutes of higher education hi Manatee Technical Institute All Angeis tongues Lalaws Capepincepa! 385-8161 2007 Corporate Sponsors Longboat Key - Lide Kay - St armands Key Ch . ‘€980 Gutr of Manica Orive = Longboat Key, FLOGiIE Tn it (383-2686 Fox: 942-383-8217 Kengboat Key = Lido Key ~ St. Arumands Key Chamber of ‘All nights reserved. one I. Comyrigive ©.2005/2 Nonund and maintained by SunCoast Web Services. Designed by Design Photes courtesy of lect tka, oprah eck tes Prctepepnh, http:/Awww.longboatkeychamber.com/community.htm Lge ADMINISTRATIVE COMPLAINT. exniniT 27 EXHIBIT #@ _—_—— EXT sg OF _ pace _/¥2__ oF FPASEE 3 i “ icroBase ‘Teperty Address Use Date Price Sto# Tet Bldg TotHid Bed WI Bthsl YrA#l Subdivision 63 John Ringling Blvd, #31 Be 0404 06/11 449000 960 #6 2 20 | 1963 Sarasota Harbor 68 John Ringling Blvd, #36 Ex 0404 06/1t 525000 soso 880 2 20 | 1965 Sarasota Harbor Exst 140 Midnight Pass Rd, #107 6405 96/11 630000 Wid 848 1 1.0 | 1967 Horizons West (721 Gulf Of Menica Dr, #208 4404 06/12 800000 cod 2 28 | 1970 Longboat Brathcomber 400 Midnight Cove IL PI, #621 0404 07/01 495000 1019860. 2 1.5 | 1979 Midnight Cove 9912 Midnight Pass Rd, #105 B 404 07/01. 465000 932 30 2 2.0 | 1971 Sarasow Surf & Racquet .255 Trepon Center Dr, #411 0405 07/01 400000 939 a7 2 20 | 1969 Sen Marco ,06 Vista Hermosa Cir, #103 B 6404 07/02 390000 980 00 2 20 1971 Vista Hermosa 155 Gulfstream Ave S, #402 8405 07/03 685000 900 RS 1 1.0 | 1969 Royal St Andrew 300 Benjamin Franklin Dr, #3030405 07/04 382500 1002 #0 1 20 1978 Lido Ambassador ADMINISTRATIVE COMPLAINT EXHIBIT #__7 ADMINISTRATIVE COMPLAINT "* PAG EXHIBIT #_©& AGE __@ | oF EXHIBIT. 5 ‘ PAGE _/42 oF PAGE _3_ Deemed refiable but not guaranteed Page 1 MicroDecisions, inc ADWVINIS RALIVE COMPLAINT EXHIBIT #__@ pace __/ 44 _ OF PROPERTY INFORMATION Property: 2850 GULF OF MEXICO DR 6, LONGBOAT KEY FL 34228-2821 C009 22) APN: 0005-16-4006 Strap #: Card #: Mill Code: 2100 ‘Use: * CONDOMINIUM County: SARASOTA, FL Prop Tax: $3,863.80 Totat Value: $273,000 Census: §.02 Tex Yr z006 Deling: Land Vaiue: Map Pg: Tax Appraisal. 24 tmprv Vaiue: $273,000 AMVOUPg 1: 1 Neigh Code: 0143 Taxable Vai $273,000 AM VolPg2: 1 Exemptions: Building Val: TIRIS: 36-17-07 Agricut Vat Municipality: AssdYr . 2006 - Subdivision, | NEPTUNE ON LONGBOAT KEY improve: 100% Owner. KINSEY GEORGE D JR Owner Vest: f i . Phone: Mail: 30601 CLAY GULLY RD; MYAKKA CITY FL 24251-9749 R002 Owner Transfer= Rec Dt: Price: Doct: ‘Type: Sale Dt SALE & FINANCE INFORMATION LAST SALE PRIOR SALE Recording/Sale Date: Sale Price/Type: OR B&P/Stamp 5: Deed Type: ‘1st Mtg Loan S/Type: ‘st Mtg Rate/Type/Term: t t ‘1st Mtg Lender, 2nd Mig Loan $/Type: 2nd Mtg Rate/Type/Term: f U Title Company: Transfer B&P: Setier: New Construction: Other Last Sale Info= — # Parcels: Type 2: Pend: SITE INFORMATION Zoning: Garage Capt: Acres: County Use: 0404 Carport Area: Lot Area: State Use: 04 Garage 2 Saft: ‘Lot Width: Bidg Class: Parking Saft: Lot Depth: Location Type: Parking Type: Usable Lot Area: Ste Intuence: AUMINISTRAT IVE GOMPLAINT. Topography: Flood Panel: 12512600108 Plumbing: Panel Date: E Yobr] Flood Zone: Pecan’ pAie jo a . GE Bora 1 of 2 AVIMINIS ERALIVE COMPLAINL EXHIBIT # @ (IMPROVEMENT INFORMATION ‘Gross Bidg Area: BidgfLiving Area, Total Adj Area; Base/Main Area: Ground Fir Area: Basement Area: SISF: Pool Area: Porch 1 Area: Porch 2 Area: Patio/Deck 1: Patio/Deck 2: Perimeter Area: Heated Area: # Bidgs: # Res. Units: # Comm Units: Bldg Type: Permit $: Permit #: Extra Features 773 657 657 116 TotalRooms: . 3 Bedrms: Baths (FullHaif: 4 Tt BathsFat; 1.00 Yr BuilvEft: # Stories: Fireplaces. Poo!: Porch Type: Patio Type: Improve Type: . Styie: Condition: ‘Quality: Bldg #: Section #: Level # MAIN PRIMARY BUILDING AREA 1.0 SCREENED.PORCH UNDER ROOF SCREENED PORCH AVERAGE Bid Unit, = Size/Oty. «= Width: s 687 s 116 Depth; Yr Bult —|morpve Value: LEGAL INFORMATION Legal Piat BkPg: Legal Bik/Bldg: Legal LotUnit: Legal Desc: PAGE _/4S_ OF EXHIBIT Co exer 6S= PAGE 15 UNIT §, NEPTUNE ONLONGBOAT KEY ALIN )j/ STRATI ly 7 VE COMPLAINT Page: 2 of 2 AUMINISITRATIVE COMPLAIN} EXHIBIT |e_7 pace _| 72 _ oF 3721 Gulf Of Mexica Dr, #207 "D404 © 05006 ? me 721 Gulf ori Gzied ssp rahi - bead “hsb 2367510878" Lngboat Beachearlbc? fy Ys: 90 Golden Gate PL AS Mon 0406 sm sm 101948 Pier 550 . 90 Galden Gate PL #6 Mon O44 OSA2"550000 sm S71 MB ier 590 322 Golden Gate Pr, #3 be ‘pat osn2 Sobige' $63 563 1 1.0 |1948,- Pier 550 bpamaba doe be _ 05/06, 4853001 Pe ee ee ee -26 El Verpoma Ave, #426 anos” ” asibeaonooc~ 4 7 393 1 10 |296) Larchmapat Apts Sect 1 on a eet BZEI Verona Ave, #432 0404 S02 dgmogo "657553, t 10/196 Larchrmowt Apes Sect 1 ALNVTAIS PALI GUnim brah 175 Benjamin Franklin Dr. #107 0404 psvéx-4ingio0 3 110/196 Lido Dore poy 255 Tepen Centr DATO Oat, wp AAD + TM 4 1969 San Mare HIBIT_5S EXHIBIT # 1B Sandy Cove Ri, Bd +g 0408." dsvi7 Gesbod ett 0 [1968 SantyCoe PAGE 7G G @ . +400 Ocean Blvd, 1S “tas 205704 4750000". + sez 0 41970 Temmoe Oe l OF Le 400 Occan Bd 755 ,".35 04S ayaa provi mast pocwras: information available. best valuation date. Ths dew iy Ee a 2007 Sarssets perty $ 7 el se PAGE are V4 isp /wworw propertyappraiser.com/redirect xxd?uti-htipt ia f OF Tr i] mages ia uage Copies 001 Ta ares re a a ora eee COMPLAINT. The Beach At Longboat key $571 Taxes: Possess: ° LmmediatetyNegotiable Conventional MtgOther Complex underwent a compiete renovation in 2005. Beatifulty ‘kitchen and Sathroom, complete ith granite countertops and stainess steel apptionces. Ceramic the throughout. Turnkey furnishi ags include a murphy bed to maximize living space. Retro, Miami Longboat style! Full Gulf views and literally onty STEPS tp the beautiful white sugary sand. Makes 2 9 at rental unit with it’ s rarely avaliable flexible rentsi program. Golf of Mexico Drive to 3465. Guif Side, unk 105 The Beach at Longboat Key Key Sched W/List Agt Dennis Girard (941) 809-0041 Office Phone: (941) 387-0960 Office Fax: beilasofiad1 Amsn.comOMfice E-Mait: Deboreh M. Hail Pleas e-onndl questions or comments to MLSAdvamaas@iqriearetton. ort ©2001. 2007 Resi Estate industry Solutions, LLC, a wholly owned business subskilery of the Florida Association of REALTORS®, AX fights reserved. ‘Terms Of Servics Privacy Policy ‘Version 2.8 ADMINISTRATIVE COMPLAINT : ADMINISTRATIVE COMPLAINT. EXHIBIT #_& EXHIBIT esfeunis be pace _ /52 oF PAGE “Jo wr PAGE OF http://webapts2 planetrealtor.com/idx/PKG_MLS_CO_OP-pr_ViewProperty nCoopID=1.. Situs: 325 GOLDEN GATE PT 15, SARASOTA FL 34236-6658 COBG 2010-05-2026 TOWN HOUSE CONDO JOSEPH IKBAL JOSEPH RAUMI 1762 BAY ST UNIT 202; SARASOTA FL 34236-7700 CO75 Situs: 555 S GULFSTREAM AVE 402, SARASOTA FL 24236-6790 C024 2027-14-2013 SARASOTA, FL Map Pg: 14 GONDOMINIUM ROYAL ST ANDREW JOHNSON RICHARD S & MARSHA W Plat: 2589-104 Bik/Lot. TRIS: 36-17-24 Total Value: Rec/Sale Dt os/o5v2n06 08/08/2006 Land Value: OR B&P: 159261 Imprv Value: Sale Price: $360,000 BhigiLiv Ares: Bedrooms: 2 Fuil Bath: |4 Lot Area: Yr BWER Phone: Pratik: 317 BikiLot ” TRIS: 36-18-19 Total Value: Rec/Sale Dt: 93/06/2007 03/08/2007 Land Value: ORB&P:. 37024 Imprv Value: ‘Sate Price: $685,000" Bikdg/Liv Area: Bedrooms: 4 Full Bath: 4 Lot Area: Yr BRIER: Phone: (No Mail} §55 S GULFSTREAM AVE UNIT 401; SARASOTA FL. 34236-6790 C021 SDMENISTRATIVE COMPLAINT XHIBIT # PAGE _/23 oF din2Date® $243,700 $243,700 ral 1972 $256,100 $256,100 705 1969 Page: 3 of 3 “ ‘ADMINISTRATIVE COMPLAINT: EXHIBIT #22 PAGE 72 7 OF ee Situs: S490 OCEAN BLVD 55, SARASOTA FL 342423358 CO98 0080-25-1023 PlatBk: 346 SARASOTA, FL TRIS: 37-17-14 Map Pg: 2BA Rec/Sale Dt 97/42/2007 a6/20rz007 CONDOMINIUM ORBSP: 410413 Sale Price: $455,000 TERRACE Bedrooms: Full Bath:| 4 LAUGHLIN MICHAEL 1796 EAGLE TRACE BLVD; CORAL SPRINGS FL 330741 ca03 Situs: 5830 MIDNIGHT PASS RD 3, SARASOTA FL 34242-2108 Cooz 0105-13-5203 PlatBk: 1063-1857 SARASOTA, FL TRUS: 37-48-48 Map Pg: 29-18 Rec/Sale Dt oa/tz/2007 06/08/2007 * CONDOMINIUM ORB&P: —9z956 . Sale Price: $415,000 JAMAICA ROYALE UNIT 01 Bedrooms: 4 Full Bath: | 1 COX DOUGLAS R & MARY K 11198 SANDE CT; UNION KY 41091-8067 ROO2 Situs: 5300 MIDNIGHT PASS RD 202, SARASOTA FI. 34242-8708 CO34 0105-12-8030 PlaiBk: 6S ‘SARASOTA, FL TRIS: 37-18-18 Map Pg: 28-18 Rec/Sale Ot: 07/43/2007 07212007 CONDOMINIUM ORB&P: 111519 : ‘Sale Price: $430,000 SARASOTA SURF & RACQUET Bedrooms: 1 Fuil Bath: |1 SLYH JOHN W & ANN M 45 GARDEN GATE; FARMINGTON CT 06032-2566 C007 Situs: 6006 MIDNIGHT PASS RD 60, SARASOTA Fl, 34242-3212 CO0R: 0106-03-8060 Pilati 1863-2125 ' SARASOTA, FL TRIS: 37-18-18 Map Pg: 29-18 Rec/Sale Dt 10/13/2008 10/10/2006 CONDOMINIUM OR B&P: 181675 Sale Price: $392,000 CASA MAR Bedrooms: 4 Full Bath: r READE KELLY A 6006 MIONIGHT PASS RD # 60; SARASOTA FL 34242-3212 Cog2 ADR Bik/Lot Total Value: $407,400 Land Value: Imprv Value: $407,400 Bidg/Liv Area: 822 Lot Area: Yr BIER, 4870 Phone: Bik/Lat: B Total Value: $378,200 Land Value: Impry Valte: $379,200 BidgiLiv Arex: 728 Lot Area: Yr BIVEH: 1960 Phone: BiLot: Di Total Value: §457,065 Land Value: tmpry Value: $457,065 Bidg/Liv Area: §72 Lot Area: Yr BIEL: 1971 Phone: ‘B41/349-4977 Blk/Lot: Tota! Value: $387,600 ‘Land Value: Impry Value: $367,500 Bidg/Liv Area: 600 Lot Area: Yr BWES: 1860 Phone: INy COMPLAINT. EXHIBIEXSISIT 7 Paoe: 4 of 3 MicroBase Property Address; 55 Gulfstream Ave S, #402 Grantee: Johnson Richard 5 & Johnson Marsha W Mail Address: Grantor: Kurzbard Myra K & Kammerman John L Mail City: Sarasom Migee: Wells Fargo BENA Mtg Type: Cav F Price: 6aso0o = Date: 07/03 Tot Bidg: 900 Migs: 200000 ¥r#i: 1969 ‘Tot Hid: 705 Sales History t: 88025 ‘2013/1950 Bedwi; ft Sales History 2: Bhat: 10 Mtg History - 1: ‘Meg History -2: Legal Description 1: Unit 462, Royal St Andrew, Ori 2007037025 & 7026 Legal Description 2: ‘Sub-Areas - #1: Features - 1; Census Trect 0001.01 Features - 2: Property Zip:34236-6790 ADMINISTRATIVE COMPLAINT EXHIBIT #e. PAGE 755 _ oF Paree! Number: SS 3618 197073 202714 2013 555 § Guifstream Ave Unit 401 Mall Zip: 34236-6790 Taxes: 4302.45 Land Value: Bla: 1 Improved Val: 256100 Sto #1; Extra Fes Vat: Zoning: Assessed: 256100 CB OST MLS Grid Deemed reliable but not guaranteed Page 3 MicroDecisions, Inc. AMINES UNALIVE CUMP LAL L EXHIBIT # PAGE JEG OF Use: Total Value: Land Value: impry Value: Taxable Val: Buitding Vat Agricutt Val: PROPERTY INFORMATION Property: 590 GOLDEN GATE PT 1, SARASOTA FL 34236-6637 Coss 2010-08-2019 Strap #: Mil Code: 6200 SARASOTA, FL Prop Tax: $5,720.49 1.01 Tax Yr. 2006 Deling: 10 Tax Appraisa!: 02 70040 Neigh Code: 0073 setae SemetonXHIBIT_S PAGE 71 Assd Yr. Subdivision. PIER 550 Owner. WF PIER 550 LLC ‘Owner Vest. ISO Phone: Maik 41128 GULF OF MEXICO DR UNIT 401; LONGBOAT KEY FL 34228-3678 CO11 Owner Transfer= Rec Dt: Price: Docs. Type: Sale Dt L SALE & FINANCE INFORMATION vy) LAST SALE : @ "PRION SALE Recarding/Sale Date: ‘06/06/2007 06/04/2007 3 oaios/2p0s 05/25/2005 Sale Price/Type: $486,000 Vv $380,000 OR BEP/Stamp 5: 1121 . % 197364 Deed Type: WARRANTY DEED NY WARRANTY DEED 41st Mtg. Loan $/Type: $288,090 CONV ‘tst Mig Rate/Type/Term: 1 t 4.98 _ ADL ‘48t Ntg Lender: WASHINGTON MUTUAL BK FA ‘2nd Mtg Loan $/Type: . 2nd Mtg RateType/Term: i . t Titie Company: ATTORNEY ONLY Transfer BEP: Seller, MINKLEY JOYCE New Construction: Other Last Sale info= —# Parcels: Type 2: Pend: SITE INFORMATION Zoning: RMF-S Garage Capt. Acres: County Use: 0404 Carport Area: Lot Area: ‘State Use: oa Garage 2 Sqft Lot Width: Bldg Class: Parking Saft Lot Depth: Location Type: Parking Type: Usable Lot Area: Site influence: WATERFRONT Flood Panel: 12516000098 ‘Topography: Piumbing: Pane! Date: 02/15/1984 Flood Zone: AI3 Win2Date® Page: 1 of 4 ADMINISTRATIVE COMPLAINT EXHIBIT #2 PAGE _ /57_ oF ADIVINISTRATIVE COMPLAINT EXHIBIT #_o? PAGE 15% OF IMPRO' ENT INFORMATION s70 : 870 Baths (Full/Haln: Til BathsiFixt: Yr Bulveft: # Stories: Fireplacest: Poot, Porch Type: Patio Type: improve Type: wie ae County: SARASOTA, FL |” APN: — 2019-08-2019 3 Gonstruction: 4 Foundation: + Ext Wat: 1.00 int Walt: 1948 Roof Type: 4,00 Roof Matt: Roof Frame: Roof Shape: OPEN PORCH Heat Fust: eat Type Parcel Fuet aan NISTRATIVE COMPLAINT it gp OF wanenveck 2: style: ic hype: Perimeter Area: Condition: loor Cover: CARPET Heated Area: ‘Quality. AVERAGE air Cand: BUILDING Ske # Bidgs: 1 Bidg # # Res. Units: Section #: # Comm Units: Level #: Bldg Type: Permit 5: Permit Extra features Description: Unit: = Sizer: With: |Denth: = Yr Built, Imorove Value: MAIN PRIMARY BUILDING AREA 1. ‘s 570 OPEN PORCH FAIR . s 120 a LEGAL INFORMATION Legal Plat BkPg: 1245-1521 Legal BIK/BIdg: Legal LatUnit: Legal Desc: UNIT 1 MONTEREY BLDG PIER 550 ‘Legal Truncated: Win2Data® ADMINISTRATIVE COMPLAINT EXHIBIT #2 EXHIBIT_5 PAGE __/S7_ oF ’ PAGE __4o ADMINISTRATIVE COMPLAINT EXHIBIT #_© PAGE LGD OF Es TIVE COMPLAINT. i PROPERTY INFORMATION Property. 522 GOLDEN GATE PT 1, SARASOTA FL 34236-6633 CD8S 2010-08-2930 Strap Mil Code: 0200 PropTax $5,712.39 Tax Yr 2006 © Deling: Tax Appraisal: 62 Neigh Code: 0078 meme XHIBIT_S PAGE_ Gk Use: ‘Total Value: juand Valve: mprv Value: Taxable Val: Building Vat: Agricut Vat Assd Yc CONDOMINIUM $242,300 $342,300 $342,300 ‘2006 Subdivision: PIER S50 improve: 100% ‘Owner, LONSDALE KRISTY K owner Veet wwii Phone: Mail: 484 GOLDEN GATE PT UNIT 601; SARASOTA FL 34236-6747 CO86 Owner Transfer= Rec Ot: Price: Doc#: Type: Sa SALE & FINANCE INFORMATION LAST SALE PRIOR SALE Recording/Sale Date: 06/28/2007 06/3/2007 7/26/2005 06/15/2005 Sale Price/Type: $500,000 $260,000 OR B&PIStamp 3: 103250 164003 Deed Type: WARRANTY DEED WARRANTY DEED ‘tat Mtg Loan S/Type: $283,000 CONV ‘1st Mig: Rate/Type/Term: y ' 1.00 ADJ 1st Mtg Lender: COUNTRYWIDE HM LNS INC ‘2nd Mig Loan $/Type: 2nd Mig Rate/TypefTesm: ‘ t ‘Title Company: ATTORNEY ONLY Transfer B&P: . Seller. ROGERS NANCY New Construction: ‘Other Last Sale info = # Parcels: Pend: Type 2: a ee kr OOo SITE INFORMATION Zoning: RMFS. Garage Capt, County Use: oa04 Carport Area: ‘State Use: 04 Garage 2 Saft: Bidg Class: Parking Sqft: Location Type: Parking Type: Site Influence: WATERFRONT " Topography: Flood Panel: 42515000088 Plumbing: Panel Date: 02/45/1884 Flood Zone: A13 NinZData® ADMINISTRATIVE ADMINISTRATIVE COMPLAINT EXHIBIT # EXHIBIT #o cage el PAGE _J/wl OF EXHIBIT_S PAGE __ Ga. Page: 3 of 4 auVENISTRATIVE CUMPLAIN | ADMINISTRATIVE E¥MIBIT # se 28 IMPROVEMENT INFORMATION ‘Gross Bidg Area: ‘SidglLiving Area: Total Adj Area: BasefMain Area: Ground Fir Area: Basement Area: SSF: Pool Area: Poreh 1 Area. Porch 2 Area: Patio/Deck f: 563 Total Rooms: County: SARASOTA, FL | , APN: — 2040-0B-2030 ¥ 4 EXHIBIT_5 PAGE 43, COMPLAINT. ADM EXHIBIT #_¢ PAGE Panovec 2: Perimeter Area: Heated Area: # Bidgs: 1 # Res. Units: # Comm Units, Bidg Type: Permit $: Permit #: Extra Features Descriotion: Styre: Condition: Quality: Bldg #: Section #: Level #: MAIN PRIMARY BUILDING AREA 1.0 LEGAL INFORMATION Lagal Plat BkPg: 1245-1821 Lega! BivBidg: S50 Legal Lovunit: Legal Desc: UNIT 1 MONACO BLDG PIER 550 Legal Truncated: Nin2Date® WWISTRATIVE COMPLAINT (a ADMINISTRATIVE COMPLAINT. AVERAGE Air Cond: BUILDING Bide Desc Sze, Widtr [Depth YrBult: Improve Value: 563 EXHIBIT_S PAGE __O4- Page: 4 of 4 com STRATG COMPLAINT. AGE 2e | oF PROPERTY INFORMATION 24) Property: 225 SANDS POINT RO, LONGBOAT KEY FL 34228-3965 cong APN: 0013-04.3024 ‘Strap #: . Card # Min Code: 1400 Use: HOTEL AUMIMISTRATIVE COMPLAINE County, SARASOTA, FL Prop Tax: $4,836.97 Thial Valve: $333,000 Census: 8.01 Tax Yr, 2006 = Deling: Land Value: EXHIBIT #oO nae MapPg tS Tax Appraisal: 44 imerv Value: $333,000 AM VolPg 1: 10018 Neigh Code. = at43. Taxable Vat $333,000 PAGE _ Let OF AIM VollPg 2: I Exemptions: EXHIBIT sis Val: TIRES: 36AT-22. PAGE __ Gs oa ricutt Val: Assd I Yr 2006 Subdivision: INN ON BEACH PH 03 ‘% Improve: 100% Owner: FRASCA DOCROTHY J ‘Owner Vest: i ul Phone: Mail: 4214 W BOSTON POST RD; MAMARONECK NY 10543-3332 C010 ‘Owner Transfer= Rec Dr: Price: - Doct: Type: Sale Dt. SALE & FINANCE INFORMATION LAST SALE PRIOR|SALE Recarding/Sale Date: 1101/2006 10/31/2006 og/1sr2005 96/30/2005 Sale Price/Type: $422,506 $475,000 OR B&P/Stamp $: 192939 484134 Deed: Type: WARRANTY DEED WARRANTY DEED ‘1st Mtg Loan $/Type: $152,000" CONV 4st Mig Rate/Type/Term: t t : 5.78 ADS ‘4st Mtg Lender: . . CHERRY CREEK MTG © 2nd Mtg Loan $/Type: 2nd Mtg Rate/Type/Term: f i Title Company: ATTORNEY ONLY ‘Transter BAP: Seller. PUGLIANO DIANE L New Construction: Other Last Sale Info= Parcels: Type 2: Pend: SITE INFORMATION Zoning: GPD Garage Cap#: Acres: County Use: 0439 Carport Area: Lot Area: State Use: 0 Garage 2 Sqft: Lot Width: Big Class: Parking Sqft Lot Depth: Location Type: Parking Type: Usable Lot Area: Site Influence: ‘Topegraphy: Flood Panel: 12842800108 Plumbing: Panel Date: 0815/1983 Flood Zone: At Win2Date® Page: 1 of 2 ADMINISTRATIVE (COMPLAINT. EXHIBIT # ADMINISTRATIVE COMPLAINT EXHIBIT Ho PAGE _/@S__ OF ALMINISTRATIVE COMPLAINT. IIT # 32 OF IMPROVEMENT INFORMATION Gross Big Area: 642 Total Rooms: Construction: ADMINISTRATIVE COMPLAINT BldglLiving Area: 642 Bedrms: Foundation: . Total Adj Area: Baths (FuliHath: Walt: EXHIBIT # 3 BaseMain Area: 642 TH BathsiFixt: intiWall: Ground Fir Area: Yr Buitvett 1983 Root Type: PAGE / : es: : : AGE _/ Ole OF Smt roman “i Pool Area: Pooi: Shape: EXHIBIT. Ropt Shape ponn2ame "pate, «= PAGE OT teary ‘stiowDeck 1: Improve Type: Parcel Fuett PatloDeck 2: Style: . Floor ‘Type: Perimeter Area: Condition: Floor: Cover: Heated Area: Quality: Air Cond: é Size # Bags: 1 Bidg # # Res. Units: Section #. # Comm Units: Level #: Bldg Type: HOTEL Permit 5: Permit #: Extra Features Description: Usk Sze, = Wisth: = |Deptt: = YrBuit: Improve Value: MAIN PRIMARY BUILDING AREA 1.0 & G42 ELEV SPEC FEAT . 1983 LEGAL INFORMATION Lega! Plat BkPg: 21-7 Legal BivBidg: Legal Lovunit 7204 ‘Legal Desc: UNIT 7201 INN ON THE BEACH PHASE 3 Legaf Truncated: Ain2Data® Page: 2 of 2 ADMINISTRATIVE COMPLAINT - EXHIBIT op i PAGE __/67 oF ADMINISTRATIVE COMPLAINT. exnigiT #2 | rage 97 _ bF EXHIBIT__S PAGE __ 948 ADMINISTRATIVE, COMPLAINT ZXHIBIT faces PAGE __Liag OF Map Pg: AIM VollPy 1: AMM VollPg 2: TIRIS: Municipality. Pa PROPERTY INFORMATION Property: 230 SANDS POINT RD, LONGBOAT KEY FL 34228-3839 C006. 0013-04-1196 Strap #: : Mill Code: 4400 bese: SARASOTA, FL Prop Tax: $5,870.69 otal Value: aot Tax Yr 2006 Deling: Land Value: 15 Tax Appraisal: 14 frre Value: 10015 . Neigh Code: 0113 ‘Taxable Vat: ! Bxemotiogs, Building Val: w6A7'2F HIBIT_S_ Aaicutt Vat PAGE GQ heave ADMIPISTRATIVE COMPLAINT T Subdivision INN ON BEACH PH 01 Birprove: 100% Owner: REYNOLDS WILBUR Mi & LISA Vest i 4st ae Mai 230 SANDS POINT RD; LONGSOAT KEY FL 34228-3939 C006 Owner Transfer= RecDt 11/08/2006 Price: Doct 195329 Type: QUIT CLAM DEED Sale Ot 10/31/2006. SALE & FINANCE INFORMATION LAST SALE PRIOR SALE Recording/Sale Date: 10/16/2006 10/10/2006 06/04/2004 O5/20/2004 Sale Price/Type: $520,000 $335,000 OR B&P/Stamp $: 183281 108825 Deed Type: WARRANTY DEED WARRANTY DEED ‘ist Mig Loan $/Type: $390,000 CONV 1st Mtg Rate/Type/Term: 1 10 ‘Ist Mig Lender. JP MORGAN CHASE BK 2nd Mtg Loan S/Type: . ‘2nd Mtg Rate/Type/Term: f t Tate Company: EAST WEST TITLE & ESCROW CP Transfer B&P: Seller: BARTON JODY P New Canstruction: Other Last Sale Info= — # Parcels: Type 2: Pend: Garage Capf: Acres: Carport Area: . Lot Area: Garage 2 Soft: Lot Width: Parking Saft: Lot Depth: Parking Type: ‘Usable Lot Area: ‘Site infuence: WATERFRONT Topography: Flood Pane: 12512600108 Plurnbing: Panel Date: OBMSA983 Flood Zone: AI3 Nin2Data® Page: 1 of 2 AUMINISTRATIVE COMPLAINT: EXHIBIT # PAGE _2749_ OF’ ZwiiiNis RAVE CUMPLAINTE cXHIBIT # (2E_ OF WE COMPLAINT, a IMPROVEMENT INFORMATION County: SARASOTA, FL Grass Bidg Area: Bidg/Living Area: Total Adj Arex: Base/Main Area: Ground Fir Area: Basement Area: SSF: Pool Area: Porch 1 Area: Porch 2 Area: Patio/Deck 1: ADMINISTRATIVE COMPLAINT ZXHIBIT #2 . pace _! 7 2 OF od . . : : ADMINISTRATIVE COMPLAINT. , i exuisit ¢_ An 36 of _ Und “ENN VFIAAN : ADMINISTRATIVE COMPLAINT, EXHIBIT # PAGE _ 772. OF eee |e ADMINISTRATIVE|COMPEAINT. - .- EXHIBIT # i DARE PAGE. 4 ‘WicroBase a Property Address: $55 Gulfstream Ave S, #402 Parcel Nunbiler; 3618 19.7073 202714 2013 Greatee: Johnson Richard § & Johnson Marsha W Mail Address: $45 5 Gulfsbream Ave Unit 401 Grantor: Kurzberd Myra K & Kammennan John L, Mail City: Sarasota | Mail Zip: 34236-6790 Mtgee: Wells Fargo Bk NA Mtg Type: CovF = Taxes: 4302.45 Land Vaine: Price: 685000 Date: «7/03 Tot Bidg: 900 Bid: 7 Improved Vat: 256100 Mig S: 200000 Yrwi: 1969 ‘Tot Btd: 705 Sto Exorn Fea Val: Sales History i: 2802 2013/1950 Bed Mi: 1 Zoning: Assessed: 256100 Sates Ristory 2: Bevis 1.9 Land Size: Le Un: Mtr History - 1; Plat Brg: cB OMIT Mig History -2: “Land DinrehitGns: © 405 Legal Description t: Unit 402, Royal St Andrew, Ori 2007037025 & 7026 Legal z Alr-ai: Sab-Areat - #1: . Heat Type -\M1; Features - I: Census Tract 0001.01 Ext Wall -! Festares - 2: Int Wall - 91: Property Zip: 1236-6790 MLS Grid —. St Jeemed reliahle but not guaranteed Page 3 MicraDecisions, inc. ADMINISTRATIVE COMPLAINT. EXHIBIT & ? a pace __ 4 Ol oF AUMINISTRATIVE COMPLAINT EXHIBIT #2 EXHIBIT_S pace __/7Y_ oF PAGE Tos AUMINISTRATIVE COMPLAINT. EXHIBIT #3 ‘5400 Ocean Bivd. 475" 405 O06 495009 f° + 105 Pass Key Rd, 6105 esol 98/07 425000 417 Beach Rd, #9 0451 06/06 425000 446 Canal Ra, #95 9404 061 465000 711 Beach Rai, #304 oaos 0507 509000 915 Beach Rd, #117 B e404 ‘psite’ssboo0, — t *. 6157 Midnight Pass Rd, ¥A 11 0404 06/06 430000 6006 Midnight Past Rd, #13 BI 0403 ass 457000 6006 Midnight Pass Ri, 064 Bi 0503 05/03 450000 6006 Midnight Pass Rd, #73 BL 0403 05405 435000 ‘S006 Midnight Pass R4, #75 BI 0402 05/07 430000 1129 Seaside Dr, #12 0403 Ost 1 445000 1129 Seaside Dr, #28 0493 06/12 409000 6610 Midnight Pass Rd, #1 0403 O6ARG 446000 6610 Midnigim Pass Rd,#2 0403 06/03 1000000 6610 Midnight Pass Ra, #3 0403 06/03 1000000 477 Casey Key Rd, #3 0402 06/06 479500 427 Casey Key Rd, #4 0402 06/06 479500 427 Casey Key Ra, 05 0402 06/01 425000 . . myoe Deemed reliable but not guaranteed PAGE (2p OF YHSSS SHS SSSSSWSSS EH MPLAINT. MicroDecisions, In oo Department of BUSINESS Ghatie Cis, Governor Professional Regulatio Holly Benson, Secretary “ | Office of the General Counsel! Sarah Wachman, Agency Clerk 1940 North Monroe Street, Suite 33 Tallahassee, FL 32399-2202 CERTIFICATION |, Sarah L. Wachman, Agenc lerkrand- Custogian of Records, Exner # gi “ EXHIBIT # 2 PAGE icp mace Egg PAGE __/ 2 B1i-@6-2025 @3:eT : . . . PAGES DPR v. Debora ML Hall : DBPR Case No. 2003000535 STIFULATION : 3. Respondent admits that DBPR served. Respondent with the Administrative Complaint, whichchargrs Respoodant with violation(s) of certain provirions of Chapters 455 and/or 475, Florida Statutes, aod forthe mules prommlgsted thereto. Acoapy ofthc Adminiswative Complaint is attached hexetolaad incorporsted hersin. 4. Respondent neither admits nor denies the factual allegations contained in Count] of the Adminietrative Complaint, but consents to the FREAB's jurisdiction to impose penaltics az to Count Tand that much atlegations constitute a violation of the count. , -$. Respondent shall pot in the future violate Chapters 455 or 47$, Florida Statutes, or the rules promulgated there. . : “6. This Stipulation shall become effective immedistely upon Sling of the Fine! Order Qhercinafior referred to as the “Effective Datc”). ‘All dates referenced herein shall commence tofrun on the Hilective Date, unless otherwise stated herein. ; : STIFULATED DISPOSITION 7. Petitioner xhall dismiss Counts Tl and Ti] of the Administrative Complaint. 8 Respondent shall pey administrative costa 0£5550.00. Respondent shall pay the costs by check payableite the Florida Department of Butiness and Professional Regulation, Division! of Real Eajate, within ons (1) year from the Effective Date herein. >. Respondent shall be on probation fora period ofone (1) year from the Effective Date _ hercin, during wich time Respondent shall provide proof of setiafactory completion of a(3}-bour course in business practice and ethics. The education contained herein is in addition fe education roquired for msiftenance of appraisal ticencure. Should Respondent complete the educational 2 - avna7 2uA DSZIeLELOM MVE OLE AL LO0z/EL/EO ADMINISTRATIVE COMPLAINT EXHIBIT # PAGE __/ 80 of. 1-28-2003 es:eT , ; , : PAGES a DBPR v. Deborsh ML Hall - . DEPR Cane Na; 2003994535 requirement before the conclusion of the one (1) year probetion term and provide satisfactory proof - , ‘haves, probation shall terminate. : 10. Noéncompliance with the terme of this Stipulation shall result in the suspension of ‘Respondent's licenses, registrations, certificates, and permits until Respondent submits sstiefuctory Proof of complitnce to DBR, The suspension period shall not caceed ten (10) years. ° Reinstatement shalibe effective ss ofthe date DBPR receives said satisfactory proof of compliance, . accompanied by the Proper remstetement forms. 11. Tie FREAB News and Report shall publish a Sununary of Action of Final Order, as follows: : Oe Port ichey: Debarsh ML Hall. License No. RD 4615. Violation: violated a standard for the development or comimunicetion of an appraisal report, or other provision of USPAP, and therefore Section 475.62A(14), Floride Statutes. Penslty: $550 administrative costs, ) year probation, attend onc (3)- bour business Practice and cthics course, 12. Tie parties understand that this Stpulasion is subjectt to the mpproval ofDBPR end of tha FREAB, and thst in the evant offite dismpprova, it shall have no forther force-and effect. . 13. -Neéepondent har executed this Stipulation to avoid further administrative action with respect to thia cause. Respondent authorizes the FREAH to review end cumine att DELI : investigative rostirials prior to of in conjunction with its considcration of this Stipulation. Further, in the event the FREAB disspproves this Stipulation, Respondent agrees that examination of any documents ot revords related thorcto sbaill not be deemed to have unfairly prejudioe¢ DBPR, the, neeen won” neyrii pine, Vw Are, PHOAsEL/RO : ADMINIS ; ADIVINISTRATIVE COMPLAINT. EXHIBIT. ax cyan ‘on mae COMPLAINT. EXHIBIT #3 PAGE ita |. me ke PAGE _/&l_ og —% oF 21-98-2283 e9:07 : ; PAGES DBPR v. Debord Hal OBER Case No, 2000084595 Ta my : - : FREAB or any of iu members, nor shall such action Saualify any of them from futher participation in tht resolution of this < cause, 14. Respondent agrees thet Petitioner may conduct furthor investigation at any time subsequent to the FREAB"s soceptance ofthis Stipulation, including, ‘butnot limited to, audits afthe Respondent's filed. Respondent farther agroes that Petitioner shall bave may and all rights and ” quthority the law provides to insure Respondent's compliance with Chapters 455 and 475, Flarids : Statutes, mad the rilles procaulgated thereto. Respondent further agreés that DBPR and the FREAB may consider this'Stipulation in connection with any future disciplinary proceeding. 15. Th parties understand that this Stipulation and ary Snel arder sdopting |and incorporsting its ters aball not preclude or deter DBPR or the FREAB from other disciplinary proceedings against Respondent for acts or emissions unrelated to those set forth in| the Administrative Chimpiaint heroin, , 16. Respondent hereby waives all notice requirements and right to seek judiciel review or to otherwise challenge or contest the validity or enforcement of the terms of this Stipulation and/or of eny resulting fina) order of the FREAB adopting and incorporating samc. ; 17. All parties hereto shall otherwise boar avy and all atiorocy’s feex aril costs they may have incurred in connection with this causé. 18. Should Respondent withdraw from oc in any way or manticr cancel, anuul, alter, " repudiate, or revele the tenms of Gris Stipulation prior to presentation or consideration by the FREAB, Respondent agrees to waive any rights to seek snorncy’s foes and corte Rerpondcat sty have incurred as the reso of the disciplinary proceeding up to sod incding te date of withdcero a menss sua Aa7vrsineoe wed OLZL LooZ/el/es ; PLAINT; EXHIBIT_22__ Qa. ADMINISTRATIVE COMPLAINT. aDMINISTRAT, VE COM PAGE 123_£ EXHIBIT # g =XHIBIT ta Lo AGE OF ; }$Z of ___ Oo ll . PAGE 61-88-2833 Bg: a8 DBPK v. Deburth bt: tall STIPULATION : DEPR Care No. 2009088535, from the ectticment Stipuledon or attempt to altcr, change, annul, repudiate, ofr revolcs the terms of this Stipwetica, ” 19. The FREAB has not taken prior discipUnsry action against Respondent. BEFORE ME the undersigned sutbociy. this. day of Va aes personal): -eppearcd "3 a aa personally . mo of vroduced Elo dG gare He and who swore and subscribed so the foregoing! NOTARY PUBLIC State of Florida at Large My Commission Expires: ADMINISTRATIVE COMPLAINT. EXHIBIT #_&? PAGE _ /% ?_ oF nee Un EXHIBIT 2 PAGE __igq nar ADMINISTRATIVE vom a gl] £ seepeny x¥4 otlZL Looz/El/eo Or Vr COMPLAINT. alleges: STATE OF FLORIDA DEPARTMENT OF BUSINESS & PROFESSIONAL REGULATION FLORIDA REAL ESTATE APPRAISAL BOARD FLORIDA DEPARTMENT OF BUSINESS & PROFESSIONAL REGULATION, DIVISION OF REAL ESTATE, Petitioner, v. , CASE NO. 2003084535 DEBORAH M. HALL, Respondent. / ADMINISTRATIVE COMPLAINT The Florida Department of Business & Professional Regulation, Division of Real Estate , ("Petitioner") files this Administrative Complaint against Deborah M. Hall (“Respondent"), and ESSENTIAL ALLEGATIONS OF MATERIAL FACT 1. Petitioner is a state government licensing and regulatory agency charged] with the responsibility and duty to prosecute Administrative Complaints pursuant to the laws of the State of Florida, including Section 20.165 and Chapters 120, 455 and 475 of the Florida Statutes, and the rules promulgated thereunder. 2. Respondent is currently a Florida state certified residential real estate appraiser having been issued license 46 15 in accordance with Chapter 475 Part lof the Florida Statutes. 3. The last license the State issued to Respondent was as a state certified residential real estate appraiser at 10321 Huckleberry Drive, Port Richey, Florida 34668. 4. On or about April 5, 2002, Respondent and Anthony Elgin ; (Ren devel Bes and IPLAINT. ADMINISTRATIVE COMPLAINT EXMISIT #8 | ‘XHIBIT # EXHIBIT 220 "70-4 x! PAGE _\gs * | —-- pace _/9¢ OF Or lis. | 8 FDBPR v. Deborah Hall Case No. 2003084535 Administrative Complaint communicated an appraisal report (Report) for property commonly known as 7415 Flounder Drive, : Hudson, Florida 34667 (Subject Property) and estimated its value as of March 1, 2002 at $110,000. A copy of the Report is attached hereto and incorporated herein as Administrative Complaint Exhibit 1. 5. In each of the comparable sales utilized in the Report, Respondent and Elgin erred in indicating the actual sales prices. 6.. Specifically, Respondent and Hall indicated that each of the three comparable sales closed at $110,000, $116,000, and $110,000, respectively, when they closed at $73,000, $74,000, and $82,000, respectively. 7. Respondent and Elgin misrepresented the estimated value of the Subject Property. COUNT I _ Based upon the foregoing, ‘Respondent has violated a ‘standard for the development or communication of areal estate appraisal, specifically Standard 1-1, or other provision of the Uniform Standards of Professional Appraisal Practice (2002) in violation of Section 475.624(14), Florida Statutes. COUNT I Based upon the foregoing, Respondent is guilty of having failed to exercise reasonable diligence in developing an appraisal report in violation of Section 475.624(15), Florida Statutes. COUNT TL Based upon the foregoing, Respondent is guilty of misrepresentation in any business transaction in violation of Section 475.624(2), Florida Statutes. ADMINISTRATIVE COMPLAINT [XHiBIT #_2 $< EXHIBIT_2a._ ADMINISTRATIVE PAGE 13 So OF ee PAGE 18%. EXHIBIT #. “AGE t/ COMPLAINT. 3 FDBPR v. Deborah Hall Case Na. 2003084535 Administrative Complaint . . WHEREFORE, Petitioner respectfully requests the Florida Real Estate Appraisal Board, or ‘the Department of Business and Professional Regulation, as may be appropriate, to issue a Final Order as final agency action finding the Respondent(s) guilty as charged. The penalties|which may be imposed for violation(s) of Chapter 475 of the Florida Statutes, depending upon the|severity of the offense(s), include: revocation of the license, registration, or certificate; suspension of the license, registration or certificate for a period not to exceed ten (10) years; imposition of an administrative fine of up to $5,000 for each count or offense; imposition of investigative costs; _isguance of a reprimand; imposition of probation subject to terms including, but not |limited to, Tequiring the licensee, registrant, or certificate holder to complete and pass additional] appraisal education courses; publication, or any combination of the foregoing which may apply. See Section 475.624, Florida Statutes and Rule 6114 8.002, Floida Administrative Code. The penalties which may be imposed for violation(s) of Chapter 455 of the Florida Statutes, depending upon the severity of the offense(s), include: revocation of the license, registration, or certificate; suspension of the license, registration, or certificate for a period not to exceed ten (10) years; imposition of an administrative fine of up to $5,000 for each count or offense; imposition of investigative costs; issuance of a reprimand; imposition of probation subject to terms including, but not limited to, Tequiring the licensee, registrant, or certificate holder to complete and pass additional appraisal education courses; publication; restriction of practice; injunctive or mandamus relief; imposition of a cease and desist order; or any combination of the foregoing which may apply. See Section 455.227, Fla. Statutes and Florida Administrative Code Rule 6131-8.002. ADMINISTRATIVE COMPLAINT EXHIBIT # PAGE _-/® lo OF ee COMPLAINT. 3 FDBPR v. Deborah Hall Case No. 2003084535 Administrative Complaint - SIGNED this S 2 day of Noyerndls , 2004. Professional Regulation By: Director, Division of Real Estate oe ER. be ATTORNEY FOR PETITIONER Ment of Profes . a woe S10) Apr: 2 Division of Rex eet Regulation " ' ‘ate © Stacy N. Robinson Pierce, . Senior Attorney a Fla. Bar No. 492796. §2-136¢4 ~ \ \ dD } : Division of Real Estate ote a Legal Section _ . : 400 W. Robinson Street, N801 Orlando, Florida 32801-1757 (407).481-5632 (407) 317-7260 - FAX PCP: MM/CK 11/04 NOTICE TO RESPONDENTS PLEASE BE ADVISED that mediation under Section 120.573 of the Florida Statutes, is not available for administrative disputes involving this type of agency action. PLEASE BE FURTHER ADVISED that pursuant to this Administrative Complaint you may request, within the time proscribed, a hearing to be conducted in this matter in accordance with Sections 120.569 and 120.57 of the Florida Statutes; that you have the right, at your option and expense, to be represented by counsel or other qualified representative in this matter; and that you have the right, at your option and expense to take ADMINISTRATIVE COMPLAINT ‘ EXHIBIT oAPM!NISTRATIVE| COMPLAINT. =X T FN 4 STE! PAGE _/ 4 ¢_ -Oee ae “SIGE _ 1 OF 11 FDBPR v. Deborah Hall : Case No. 2003084535 Administrative Complaint . testimony, to call and cross-examine witnesses, and to have subpoena and subpoena duces tecum issued on your behalf if a formal hearing is requested. PLEASE BE FURTHER ADVISED that if you do not file an Election of Rights form or some other responsive pleading with the Petitioner within twenty-one ai) days of receipt of this Administrative Complaint, the Petitioner will file with the Florida Real Estate Appraisal Board a motion requesting an informal hearing and entry of an appropriate Final Order which may result in the Suspension or revocation of your real estate license or registration. Please see the enclosed Explanation of Rights and Election of Rights form. ADMINISTRATIVE COMPLAINT ADA EXHIBIT #_/ 5 EXHIBIT_22-y pace _) %Y_ oF PAGE _ 1€4 2.0 12 \wiviiNISTRATIVE CO EXHIBIT # PAGE AELGIN APPRAISAL SERVICE 1727 COACHMAN PLAZA DR CLEARWATER, FL 33759 727-724-9765 MARCH 4, 2002 FLORIDA MORTGAGE FUNDING $215 W. LAUREL SUITE #100 TAMPA, FL 33607 Re: Property: 7415 FLOUNDER DR HUDSON, FL 34667 ° ‘ Borfower. BOLDA, NANCYE * - File No.; 7415HUBSON - In secordance with your request, we have appraised the above referenced property. ‘The report of that. attached. The purpose of this appraisal is to estimate the market value of the property described in this appraisal improved, in unencumbered fee simple thle of ownership. “This report is based on a physical analysis of the ste and improvements, 8 locational analysis of the reighborhood and city, and an economic analysis of the market for properties such as the subject ‘The appraisal was developed and the report was prepared in accordance with the Uniform Standards ot Professional Appraisal Practice. ‘The value conclusions reported are gs of the effective date stated in the body of the report and ca ceriification and limiting conditions attached. . tthas been a pleasure to assist you. Please do not heskate to contact me ar any of my staff we esr be of addional service to you. THIS APPRAISAL WAS PREPARED UNDER THE SUPERVISION OF ANTHONY ELGIN ST CERT nt upan the EN REA Sincerely, . DEBORAH M HALL ST REG ASSIST REA RI 0005557 “ADMINISTRATIVE COW EXHIBIT # a 1R —_ UNIFORM RESIDENTIAL APPRAISAL REPORT Fle No. 241SHUDSON SUBJECT _-- 25 & (25-75% (_} under 25% ft &X} sane (Stow se ; () stable 150__ fh 25 | Mutfamty || | to: &) intatance CL) [eadexs| Predominant |eseal { D4] 3-6 mos. [] . vi bd 5 F=4 Factors that aflect the marketablity a! the properties In the nalghborood (proxmity to smployment and amenities, employment stablity, appeal tp market, etc.): LETE SUMMARY APPRAISAL REPORT. SUBJECT PROPERTY LIES IN AN AESTHETICALLY APPEALING gy Market conditions in the subject neighborhood (including suppor for the above conclusions related to the trend ot property watses, demarkysupn! Such a8 data an compettive properties for sale in the neighborhood, description of the prevaiencis of sales and francing concessions, etc): | | Me WERE THE DYNAMICS OF THE NEIGHBORHOOD, CITY AND STATE ECONOMICS PLUS KNOWN AND FORECASTED CHANGES IN i EMPLOYMENT AMONG OTHER ECONOMIC FACTORS. FHA VA, AND CONVENTIONAL FINANCING NOTED IN AREA WITH NO | KNOWN FINANCING CONCESSIONS KNOWN FINANCING CONCESSIONS. } Approximate total number of units in the subject project NIA Descrine common elements and recreational tacitties: Ni Steaea _12,800 SF MOL. Comer Lot BS yes [J No Specilc zoning classification ‘and description —_O40Q/OMF1- CONDOMINIUM! MANUF HOME: Zoning C7] Legal nonconforming (Grandtatered use) (_] Bepal (7) No zoning Bay Coniments (apparent adverse easements, encroachments, special assessments, side areas, legal or legal nonconforming Zoning use, Be HAVE BEEN CONSIDERED. NO SURVEY WAS SUPPLIED TO THE APPRAISER. RRO 000 Pina? [eee See eee se ee | 7 Rooms; 3 Bextroam(s}, 2 Bathis)> 7,008 Sauar DESCRIPTION OF IMPROVEMENTS BREAKFAST COUNTER, EXTERIOR LIGHTING, SMOKE DETECTORS, SUMINISTRATIVE CO BL AINT "ADMIN EXHIBIT #4 EXHIB! = page _190_ oF nape sone ’ ‘UNIFORM RESIDENTIAL APPRAISAL REPORT fe No. _741SHUDSON. ESTIMATED REPRODUCTION COST-NEW-OF IMPROVEMENTS: 4, [LAND VALUE EXCEEDS 33% OF TOTAL VALUE DUE TO | INSPECTION 1S¢'OF WEST FLORIDA ISC OF W. FL Tel Tail DESCRIPTION DESCRIPTION | +{-J$ Adfus CONVFIXED ; NOT FOUND NONE NOTED; [FEE SIMPLE [FEESIMPLE iL 18.220 SF MOL: 5 Elia 2 ‘tat |> Ss > 3 ry ie F abet 8] 5 lia Garage/Cama Porch, Pato, Deck, OPF, DECK OPF.SPF i NONE PLES CORIPARISOHM ANALYSIS ; 5 ; F i Fieplace(s), etc. ICE,SHED Dock SS niki tos) Ra D+ (J a00|[ 1+ Bg 2.000 TE Tira BY Adjusted Sales Price SER BA of Commzrabh ea i Mt COMPARABLES WERE WEIGHTED GIVING MOST CREDENCE 70 SALE #1 AND THE LEAST WEIGHT TOISALE #3, BASED.ON BP SIMILARITIES AND DISSIMILARITIES TO THE SUBJECT, SITE VALUE WAS DEVELOPED BY ABSTRACTION. TNO PRIOR SALE WITHIN THE NO|PRIOR SALE WITHIN ONE ONE YEAR . YEAR . a Analysis of any current agreement 0! sale, ME-NONE NOTED Ef (WHICH IS THE DATE OF INSPECTION ARD THE EFFECTIVE DATE OF THIS REPORT) TO BE ay APPRATS| - coratere Name DEBORAH M HAL = PAGE >. exnipit #17 | 27 HEEB IT rogee-frorn Windows appraisal sotwaay pa tite! CELIA PAGEL ANG _ Tt ADMINISTRATIVE COMP: :XHIBIT # AGE _ 1G (P OF THE PURPOSE OF aaa ae IS TO AID THE eaTTE N SECURING A MORTGAGE. [ THE APPRAISAL 1S BASED UPON THE RESEARCH AND ANALYSIS OF THE SUBJECT PROPERTY, NEIGHBORHOOD AND COMPETING SALE ANO FOR SALE LISTINGS AND LOCAL MARKET TRENDS, AN INTERIOR AND EXTERIOR INSPECTIONOF THE SUBJECT CONCLUSIONS WERE DEVELOPED, / AND THIS REPORT HAD BEEN PREPARED IN CONFORMITY WITH THE UNIFORM STANDARDS OF PROFESSIONAL PRACTICE. { intended Use =: ee ee eee REPORT, SUMMARY APPRAISAL REPORT OR RESTRICTED USE APPRAISAL REPORT IN ORDER TO SATISFY DISCLOSURE REQUIREMENTS DOES NOT BECOME AN INTENDED USER OF THE APPRAISAL UNLESS THE CLIENT IDENTIFIES SUCH PARTY AS AN INTENDED USER AS PART OF THE ASSIGNMENT. fist aie oh ee Current isting information: “NO ‘CURRENT LISTINGS OF ‘SUBJECT PROPERTY Priar sate:_NO PRIOR SALES OF SUBJECT PROPERTY Te BS SALES OF SUSIE PROPER ORS WE N THE LAST TWELVE MONTHS: q i z ee £ tig AER ART THE APPRAISER Has EMPLOYED A 120-180 DAY uST TO CLOSI MARKETING TE AS A "REASONABIE” MATS TIME PERIOD FOR THE SUBJECT MARKET. THE AFOREMENTIONED PERIOD IS CONSISTENT WITH THE DEFINITION OFIMARKET VALUE, AS. CONTAINED HEREIN, ANO MARKET NORMS, AS OF THE DATE OF VALUATION. Sditional Comments.:ciscsntes eee eset eerie RDS, a a “THE FUNCTION OF THE APPRAISAL IS TO AID THE LENDER IN SECURING A. SORTAGE “INCOME APPROACH COMMENTS: JUSTIFICATION FOR EXCLUSION OF THE INCOME APPROACH: THE ok tO ssh INCOME, aN MULTIPLIER APPROACH IN NOT APPLICABLE WHEN FEW COMPARABLES PROPERTIES ARE RENTED IN “THE STATEMENTS OF FACT CONTAINED IN THIS REPORT ARE TRUE AND CORRECT. “THE REPORTED ANALYSIS, OPINIONS, AND CONCLUSIONS ARE LIMITED ONLY BY THE ASSUMPTIONS AND LIMITING CONDITIONS “LHAVE NO PRESENT OR PROSPECTIVE INTEREST IN THE PROPERTY THAT IS THE SUBJECT OF THIS REPORT ‘AND NO PERSONAL INTEREST OR BIAS WITH RESPECT TO THE PARTIES INVOLVED, ANY SPECIFIED INTEREST OR BIAS HAS NOT AFFECTED THE IMPARTIALITY OF MY OPINIONS AND CONCLUSIONS. “MY ANALYSIS, OPINIONS AND CONCLUSIONS WERE DEVELOPED, AND THIS REPORT HAS BEEN PRI THE UNIFORM STANDARDS OF PROFESSIONAL APPRAISAL PRACTICE, “THE APPRAISER HAS MADE A PERSONAL INSPECTION THAT IS THE SUBJECT OF THIS REPORT. THE SUPERVISORY APPRAISER Pa Ove PROBED SCREEN PROFESSIONAL ASSTANEE TOE PERSON SSG TSE SEESRL 1 eatin Supplements santticwiset cams aie ne cm apundolaban 2 My compensation fs nat contingent upon the reporting of a predetermined value or direction In value that favors the cause of estimate, the attainment ol a stiputated result or the occurrence of a subsequem event. Etlecive date / Report date: __ MARCH DEBORAH M. HALL, RI-0G05557 Effective date / Report date: _ MARCH i 2002 ANTHONY ELGIN,RZ-0001589 iar , ADMIN Pras | E COMPLAINT. veers fom RUA — "TOTAL tor Windows sonata brah on 16 SE a 1 : V OMINISTRATIVE COMPLAINT =XHIBIT £9 ee page 1% 3 oF “Subject Photo Page’ Bonrowe ent_BOLDA, NANCY E operty Address_7475 FLOUNDER OR Fie No. 747 r City HUDSON County PASCO Sate FL tin Code_34667 Lender FLORIDA MORTGAGE FUNDING. Subject Front f 7418 FLOUNDER|DR ‘Sales Prica NA Gross Uving Area 4,008 «Total Rooms 7 + Total Bedrooms 3 Total Batwooms = 2 Location WIRFRT View TRPICAL Ste 42,800 SF MOL Quality AVERAGE Age 17/15 EFF Subject Rear Subject Street | rE COMPLAINT Borowes Cle! _BOLDA, NANCY E operty Address_ 7445 FLOUNDER DR tly PASCO HUDSON teal FLORIDA MORTGAGE FUNDING Comparable 1 ADMINISTRATIVE COMPLAINT. XHIBIT fp _1et PAGE OF rei gf t Wns gp st bb no — TAD AOE ‘Comparable Photo Page PAGE gate SAGE7 6724 CURLEW LA! Prox.to Subject 4.04 mites Sale Price 10,000. Gross ting Area» 957 ‘Total Rooms i Total Bedmoms = | Total Bathrooms = d Location WIRFRT View TYPICAL sta 8,220 SF MOL Daatty AVERAGE Age Comparable 2 16 TOWER DR Comparable 3 6590 TOWER DR 1.74 mies tob,o00 .100 1, 7 3 2 WTFRTSUPER- ADMINISTRATIVE | COMPLAINT. EXHIBIT #_£ _ 26 _| OF EXHIBIT 39 LAINT PAGE| 105 BA . Location Map BonaweyClent BOLDA, NANCY & Property Address 7415 FLOUNDER OR Gy_HUDSON : toe 34887 Li ! ! auty PASCO State FL ip ender “FLORIDA MORTGAGE FUNDING Co RaceTrackRd . rs sod « 3 = 1 oo Psi re a 2 23 8 ‘S530. TOWER OR 72 (4,2 titea). ADMINISTRATIVE COMPLAINT. yey; EXHIBIT # a . "semi — Ta. ene wre ae — AO Al or as 7 OF Ae 4 3 i ADMINISTRATIVE COMP LAINL EXHIBIT +? : page __/£ le. OF ADMINISTRATIVE COMPLAINT, exuipit ¢_& AGF || 7415 FLOUNDER D Flood. Map | - “|Borower/Clent_ BOLDA NANCY E Property Address_7-415 FLOUNDER DR. Gty HUDSON : omy PASCO ce FL _ Lmie_ FLORIDA MORTGAGE FUNDING Gong Ver OF Form MAP Flood — “TOTAL for Windoves* appraisal sotware by ata mode, inc. — 1-800-ALAMODE bd _ te . 20° *. Plat Map f4 ADMINISTRATIVE COMPLAIN =yHIBIT #2 ——$$__> > page 772 OF ————— ADMINISTRATIVE COMPLAINT — EXHIBIT 2 _ Form MAPPLAT for cane AD oF. se 1 5 Subiect DR EXHIBIT_33. PAGE -_14¢ 3d ” |Bortwer BOLDA, NANCY E Pmperty Address 7415 FLOUNOER DR au . GF “AGE ea Lar HUDSON : Lender ELORIOA MORTGAGE FUNDING APPRAISAL AND REPORT IDENTIFICATION This appraisal conforms to one af the following definitions: File Ne. 7415HUDSON QO Complete Appraisal (The act or process of estimating value, ar an opinion of value, performed without invaking the Departure ule) Oo Limited Appraisal (The act of process of estimating valve, or an opinion of vaiue, performed under and resulting from invoking the Departure Rule.) This report is one of the following types: Oo Self Contained {A written report prepared under Standards Rule 2-2(a) of 2 Complete or Limited Appraisal oO Summary (A weritten report prepared under Standards Rute 2-2(b) of a Complete or Limited Appraisal 0 Restricted (A written report prepared under Standards Rule 2-2{c) of a Complete or Limited Agpratsal for cfient use onty.) Comments on Standards Rule 2-3 (certty that, to the best of my knowledge and Defief: |» The statements of fact contalned in this repurt are true and correct. performed under STANDARD 1.) performed under STANDARD 7.) performed under STANDAAD 1 « The reported anatyses, opinions, conan ae eso by be reported assumptions and ty condos, and are my persona, imparial, and unbiased pratesslonal analyses, opinions and conclusions. «Fhe (te ses resent pape Mes ne ope athe sect fis er, tno ft te sete pers irs wh respect oe | patties involved. «hve no bias wth respect to the property tats the subject af is report the partes Involved wih is assignment. = Hy engagement In this asskmment was nat contingent upon developing or reporting predetermined resus, « . My compensation for completing this assignment Is not contingent upon the develapmert or reporting of a predetermined value or dvection in vate that favors the cause cof the clent, the amount of the value opinion, the attainment of 2 stipuizted resutl, or the occurrence of a subsequent evertGrecty related to he Intended use of tis appraisal = My analysts, opinions and conclusions were develobed and this report has been prepared, In conformity WE the Untonn Standards of Prtessiotal Apwralsa Practice. . Thave (or have not} cade a personal inspection of the prapesty thal (ste subject of this Tepart. = No one provided signticant reat propeity appraisal sssistance to the person signing this cerfiication. Or there are excentions, the name of each teal property appraisal assistance must be stated} Comments on Appraisal and Report Identification Individual providing significant Note any departures from Standards Rules 1-3, 1~4, plus any USPAP-related Issues requiring disclosure: APPRAISER: Name: DEBORAH M HALL Date Signed: 05, 2002 ate Scnet: Apri 05, 2002 ‘State Ceftiication #: ST REG ASSIST REA ‘State Cestifeation #: ST CERT GEN REA'RZ-0001580 or State License #7 . or State License #: RZ-0001 ase se? Expiration Date of Certification or Ucense: Expiration Date of Certification ar License: 1180/02 & ow (CDi Not inspect Property OF ot. r 10, 4151 Yi i WE WN ov ee “XHIBIT # “FY OF AGE | Lender FLORIDA MORTGAGE FUNDING. DIGITAL SIGNATURES ELECTRONIC SIGNATURES ARE UTILIZED IN THIS REPORT. THE UNIFORM STANDARDS OF PROFESSIONAL APPRAISAL PRACTICE AND THE APPRAISAL STANDARDS BOARD STATE THAT ELECTRONICALLY AFFIXING A SIGNATURE TO A REPORT CARRIES THE SAME LEVEL OF AUTHENTICITY AND RESPONSIBILITY AS AND INK SIGNATURE ON A PAPER COPY REPORT : (THE TERM "WRITTEN RECORDS" INCLUDES INFORMATION STORED ON ELECTRONIC, MAGNETIC OR OTHER MEDIA). ALL ELECTRONIC SIGNATURES IN THIS REPORT HAVE A SECURITY FEATURE MAINTAINED SY INDIVIDUAL PASSWORDS FOR EACH SIGNING APPRAISER. NO PERSON CAN ALTER THE APPRAISAL WITH THE EXCEPTION OF THE ORIGINAL SIGNING APPRAISER(S). REGARDING THE LEGAL DESCRIBTION: APPRAISER SPOKE TO PASCO COUNTY ZONING BOARD AND PASCO COUNTY PROPERTY APFRAISER ( KURT LOWE} AND ALTHOUGH THE LEGAL DESCRIBTION STATES CONDOMINIUM AND COMMON ELEMENTS || THIS PROPERTY IS A SINGLE FAMILY WATERFONT MOBILE HOME, THE HIGHEST & BEST USE REMAINS SINGLE FAMILY MOBILE HOME AND THE CURRENT USE CODE FOR THE PROPERTY IS SINGLE FAMILY MANUFACTURED HOME! * EXHIBIT_2% PAGE __ 290 spon Mbt an State Cecfcation # Stee SESTREA IWiRSa ELT Fined pee cn REA RZ 00509 — sae EL ADMINISTRATIVE COMPLAINT * ES OrSaeeee # REDS ae EXHIBIT # Fm ona — APA i a 8 LE _ PAGE 1GF OF xe —_—_——- 35 DEFINITION OF MARKET VALUE: The most robable pice which a propaty shou! bing hv compete and market under a condhions reise to a fa sal, the buyer and seer, each actog pruenty, lnowiedgebty and’ assuming the price 1s not flected by unde stra, Implet in this efron Is the consummation of a sate as of 2 specifed date and the passhng of file fom seler to buyer under condhons whereby. (1) buyer aud seter ae ‘ynkcaly matted: (2) bot partes tt wel donned or wel advised, and each acing in what be consbers is own best ierest {3} [a reasonable tne Is alowed {or exposure In the open market, (4) payment \§ made in temsaf cash IM US. dafars or in ttrms of franc arangements compafabie thereto; and (5) the price : Teoesers Whe oral eunsieraion fr the propery sol! uafected by spec or creade trarchg or sles concessions* parted by anyone associated wits the sale. rt * Adjustments to the comperabley must by made Tor- spec of create franc or sales concessions. NO adjustments are necessary for those costs which are normaly paid by sellers as a resuf of tradition or law in a miaket ama these costs ae readily Hentifable since the seler pays these costs in wituay af sales tansacthns. Special or enatve ranch afstments can] be madt 19 tht Comparabl property hy camparisans to financing terms offered by a thin party institutlana! lender thal is* Properly or transaction. Any adjustment should not be calcuéaied on 2 mechanical dolar tor dollar cost of the financing of concession but the dotar amount of any adjustment should approdmate the market's reaction to the financing or appraiser's Judgement. . . STATEMENT OF LIMITING CONDITIONS AND APPRAISER'S CERTIFICATION CONTINGENT AND LIMITING CONDITIONS: The appraiser's certification that appears in the appraisal report. is subject to the following conditions: . : te The agra wt wot be respons for maters ofa fog ture tha aft ener the propery beng sprsed othe tet Tie apse asses tht Be ie goad and marketable and, thereto, will not render any opinions about the §ie. Th prety prasad on te basa ben ede pose ~ gwnership. 2 The spre tas poet a skfen be ajrdslmge ta stow sppudate times afte pees and te sti ed ony tas the reader of the report in visuafting ihe property and understanding the appraiser's determination of ts sire. a The pase hs earned te arabe food maps tat prod byte Fate! Emerency Manageme Aer for abr ia sous) and has ste in Be appraisal report whother the subject sis Is located in an Kentfed Special Food Hazard Area. Because ths appraiser Is not ‘surveyor, he or she makes nO guarantees, express or implied, regarding this determination. 4 The poner wi ae eso or ape h cout beans be of She mae at spp ofthe popety weston, nest Spc sarge do 50 have been made beforehand, _ 4 The spre as ested he ve of he and ns appa a As estan het use an the tnrvemes he cory woh, These “ama mesos oe fe at ones mt Deas econ wh ay ofr eps ae ae Wp Fy ae sk a Thr apps has mod tthe appr report ay acse condons (such ‘es, needed reps deecition, the pasece| of hazards wastes, txt “subslances, tc.) observed during the Inspection of the subject property of that he or she became aware of- duting the normal research involved fa performing the appraisal Undess otherwise stated In the appraisal repari, the appreiser has no imowledge of any hidden of unapparent adverse envirspmental condttons finchidog the presence of hazardous wastes, loxk sustances, etc) that woud make the property more or less vahnble, and has assumed that there arena such conditions and makes no gwaranteas or warranties, express ot impled, regarding the condition of the property. The appratser wil not be responsble for any such conditions tut do exist or for any engineering or testing that might be requited to discover “whether such conditions exist, Because the apprater Is mt an expert In the eis of environmental hazards, the appraisal report must svtoomental assessment ofthe rope : Tt The apse oohed the Harman, estates, and apions Tat wee passed fs the aprabal pat fom soures ta if or she conde tobe tebable and belleves them fo be tum and correct. Tha appraiser does not assume responstbilty lor the accuracy of such tems tha wete fumished by otter parties. a warms cecteren nem ein . 3 ‘The appraiser has based fis or her appraisal report and valuation conclusion for an appraisal that Is subject to completion, repairs, oF arto on the assumpfon that campeon of he Irprovarents wit be aioe a worerkn mamme. \ WW, ‘The appraiser must provide tis or het prior writlen consent betare the lender/cient specified in the appraisal report can distribute the appraisal pe cas ef po sone? em plo cn, wt ees a ec organizations or the tim’ with which the appraiser is associated) to anyone other than the borower. the mortgages or Rs and assigns; the insurer, consutants; professional appraisal organizations; ay state or lefealy apwoved Mrancial insttutlre or any department | agency, or Fnsrum of the United Stles or ahy stale or the Distict of Cobble; pxcent that the lesdestctert may dsbitute the property description secto of the report only to callection or reporting service(s) without having to obtain the appraiser's prior written consent. The appratser's wiitien consi and “approvat must al be obtained before the .appraisat can be conveyed by anyone to the public itrough advartising, public refatons, ‘Saes, or other oo. . oo, S a | "ADMINISTRATIVE COMPLAINT EXHIBIT 9) ™ PAGE|| “a2, ~& ADNENISTR J OF Farmers niT T+ g. jAISAL: w Qe "OF Ria ee inc. — 1-800-ALAMODE 2 — 24° : lessee, ecssceteseseneneeey + ee oy APPRAISER’S CERTIFICATION: The Appraiser certties and agrees that, a \ have researched the subject masket amar and have selected 2 minimam of tes revert sles of properties most siniar and projte to the subject property for consideration in the sales comparson analysts and have made a dolar adjustment when approprizte’to reflect the market fo those dems of sipican vasiatlon, Wf a sigeticant fem fi a comparable property 1s supenior to, or mare favorable than, the subject propety, | have made 4 negative adstment to réduce ” the adusted ses pice ofthe comparable ai, Ta sigficant am iva camgarable properly nado to, or less fveratis fan he bifect rope, han mate é a postive adjustment to increase the adjusted sales price of the comparable. 2 | have taken Into consiteraton the factors at have an Impact on value in my development of the estimate of market valve \n thy apprlsal report 1 Rave ct scowl wield any spice klomaion fom the apa mat and | Refers, to Re best of my Anoweg, th at sttehis ad bfameton Wa fhe ‘appraisal report are trus and comect. Ke | stated In the appraisal report only my own parsonal, unblesed, and professional analysts, ‘opinions, and conclusins, which ae Subject only to the contingent and fing conditions spectied in this form. . 4 {have no present or prospective Interest in the property that ls the subject to this report, and I have no present or prospective personal interest of bias with yespect to the participants in the transaction. | did not base, ether partialy or completely. ay analysis andor the estate of market Yalae tn the, aporisl report ‘on the rare, color, religisn, sex, handicap, famlta status, oslo of eta pospectee owes occurs a tw set apr oof epee ‘nwmers ot occupants of the properties In the vicinity of the subject property. : 5. | have no resent or corte hare ies te subst propery, and nett my cuent ot xe enplymert nor yy copes fr psfomig tis . appraisal is contingertt on the appraised value of the property. §L Lwas nat requred to repot 2 predetermined vahie or drection in vaiue that favors the cause of the cfent or any related party, the n ‘af the value estirnate, : fa dete este end of Ba ccumect ta nbangar eet have lore ny eanpeston sor enporet f pay Me A. - ‘id not base the appraisal report on 2 requested minimum valuation, a specific valuation, or the need is approve a specific mortgage loan. - . 7 | pesormed this spprasal in conformity whh the Unform Standards of Professional Appraisal Practee Mal were adopled and promuigated by the Appraisal Standards Baart of The Agpasal Founéaton and tht were In place as of the fictive date of this appraisal, with the sxcetn of the Heparhxe provision of those . Standards, which does not apply. | acknowledge that an estimate of t reasonable fime for expasuré bn the open market Is a condo i, the defintion of market value and he estmale | developed Is consistent wth the marketing time noted in the selghborhood section of this report, unless 1 bave otherwise stated in ie ‘Teconefiaiion section. - & | have personally inspected the into ant ster areas of the subject properly ard the ett of al properties sted a comparables kr the apprasal report. | further certity that | have noted aty apparent or known adverse condidons in the subject improvements, on Gre subject she, or on any ste within the Immediate Yeloty ofthe subject propery of which Iam eae and have made afusens for these adverse condone ia my als of Se pape va a he dent a ‘had market evidence fo Support them. i have also commented about the sffect of the adverse conditions on the marketablity of the subject praperty. Ls 1 ‘personaly prepared all conclusions and opinions ahout the real estate that were sat forth In the appraisal report, Wf 1 red | on significant professtocal assistance from any individual or individuals in the performance of the appraisal or the preparation of the appraisal.report, | have az = such individual(s) and disclosed the specific tasks performed by them In the reconcllafion section of this appraisal report | certfy that any Individual so a +s qualified to perform -the tasks, | have not authorized anyone to make a change to any Rem in the report: therefore, f an unauthorized change Is made 10 appraisal report. | will take ‘no respansiblity for i. . SUPERVISORY APPRAISER'S. CERTIFICATION: {a supervisory appraiser signed the appraisal report, he or ple certifies and spreas that { dhectly supervise the apyrls who prepared the apr rep, have reviewed to appraisal report, ares wih the statements an cancisions ofthe pps ‘agree to be bound by the appraiser’s certifications mmbered 4 through 7 above, an am taking fu rexpansibty for he apps andthe apeasal pat ADDRESS OF PROPERTY APPRAISED: _7415 FLOUNDER DR, HUDSON, FL 34567 | APPRAISER: - . SUPERVISO R (only if required): ‘Signature: Mh dbukIh LL ‘Signature: Name: DEBORAH M HALL Name: Date Signed: _April 05, 2002 Date Sgred: April 05,2002 | ‘State Cestfication #: ST REG ASSIST REA State Certification #: ST CERT GEN REA‘RZ-0001589 oy State License #: or State License #:_RZ-0001589 1 Satie State: i Expration Data of Certification or License: Expiration Date of Certiication of ices 17/30/02. Bi pid =) Did Not inspect Property . AUMINISTRATIVE COMPLAINT. EXHIBIT. 2d exnipit #_ i INB? of ADMINISTRATIVE COMP EXHIBIT # PAGE _O (__ OF Form 429 6-53 a 2af2 _— . Fannie Mag Form 10048 6-93 ’ PAGE 1 OF ———$—— Farm ACR — “TOTAL, for Windows* appraisal saftware by a la mode, inc, — 1-800-ALAMODE 25 37

Docket for Case No: 10-000651PL

Issue Date	Proceedings
Mar. 31, 2010	Order Closing File. CASE CLOSED.
Mar. 30, 2010	Motion to Relinquish Jurisdiction filed.
Feb. 25, 2010	Order of Pre-hearing Instructions.
Feb. 25, 2010	Notice of Hearing (hearing set for April 7, 2010; 9:00 a.m.; New Port Richey, FL).
Feb. 17, 2010	Joint Response to Initial Order filed.
Feb. 12, 2010	Notice of Substitution of Counsel (by D. Moss) filed.
Feb. 11, 2010	Initial Order.
Feb. 11, 2010	Administrative Complaint filed.
Feb. 11, 2010	Election of Rights filed.
Feb. 11, 2010	Formal Response to Allegations in Administrative Complaint filed.
Feb. 11, 2010	Agency referral filed.