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k <br />This Certifies That <br />has been admitted to tnernbership as an <br />MAI Member <br />in the Appraisal Institute and is <br />entitled to all the rights and privileges'membership <br />Of <br />subject only to the limiting conditions set forth from time to time <br />in the Bylaws and Regulations of the Appraisal Institute. <br />In Witness Whereof, the Board of Directors of the Appraisal Institute has <br />authorized this certificate to be signed in its behalf b/ the President, anti the <br />Corporate Seat to be hereunto of on this fWl day of 311, f998 <br />TN IS AM M, or. 111;.1 UINVO T( IME <br /><1:C1tj'JAkY UM IN rEQN11.11ATION OF.MrSOFTSM1. <br />APPRAISAL <br />INSTITUTE ..,,._�._.._......,.r... <br />a <br />NSTITU A V - <br />-37- <br />a <br />