©A. F. Mollica

QUALIFICATIONS OF THE APPRAISER

James K. Rush, MAI
State Certified Appraiser (No.383417)
1601 Bethel Road, PO Box 20326
Columbus, Ohio  43220

The Appraisal Institute conducts a program of continuing education for its designated members.
As of the date of this report, I, James K. Rush, have completed the requirements of the 
continuing education program of the Appraisal Institute.

EMPLOYER

Anthony F. Mollica and Associates, Inc.
Position:  Senior Appraiser

PROFESSIONAL DESIGNATION

MAI:		Appraisal Institute No. 11462 (MAI Designation)
		Great Lakes Region
		Cardinal Ohio Chapter
		Designated:  December 22, 1998

EDUCATIONAL BACKGROUND AND TRAINING

1973:		Graduated from The Ohio State University
		Bachelor of Science in Business Administration
		Majored in Real Estate

Appraisal Institute - Courses and Seminars

Course 1A-1	Real Estate Appraisal Principles
Course 1A-2	Basic Valuation Procedures
Course 1B-A	Capitalization Theory and Techniques, Part A
Course 1B-B	Capitalization Theory and Techniques, Part B
Course 2-2	Valuation Analysis and Report Writing
Course SPP	Standards of Professional Practice
Course 510	Advanced Income Capitalization
Course 600	Income Valuation of Small, Mixed-Use Properties
Course 710	Condemnation Appraising:  Basic Principles & Applications
Seminar	ODOT's Perspective on the Appraisal of R/W Rights Required
Seminar	Special Purpose Properties
Seminar	Appraising from Blueprints and Specifications
Seminar	FHA and the Appraisal Process

Qualifications of the Appraiser - JKR (Cont.)


Seminars

		FHLBB R-41C
		Investment Analysis Seminar
		Appraisal Review Seminar
		Environmental Issues Seminar 


The Ohio State University

Seminars:	FHMA and FHLMC, cash equivalency, highest and best use, investment analysis 
and mortgage equity analysis as a discounted cash flow technique, Marshall Swift courses on 
computer enhanced valuation, Boeckh Building Valuation manual construction cost seminars.


APPRAISAL EXPERIENCE

1973 to 1978, appraiser for the State of Ohio, Division of Administrative Services, Bureau 
of Real Estate.  1978 to 1992, independent fee appraiser associated with Nash-Wilson Associates,
Inc., David Hatcher Associates, Inc., Earl Liff Realty, all of Columbus,  Porter Associates of 
Toledo and Andrako Associates in Cleveland.


EXPERIENCE - REAL ESTATE


I have completed appraisals which include the valuation of single-family residences, 
condominiums, multi-family projects, commercial buildings, office buildings, industrial 
buildings, commercial land, industrial land, churches, service stations, hospitals, 
railroads, bowling alleys, schools, nursing homes, golf courses, quarries, single-family 
residential developments, industrial parks, recreational facilities, fast-food (multiple 
outlets) restaurants, office parks, hotels, motels, environmentally impacted properties, 
bank buildings  and strip shopping centers.


CLIENTS SERVED BY THE APPRAISER

Mid America Federal Savings Bank, First Federal, Citizens Federal, Buckeye Federal, State 
Savings and Loan, Cuyahoga Savings and Loan, Huntington National Bank, BancOhio, Chase 
Manhattan, Toledo Trust Company, National City Bank, Ohio Department of Transportation, 
Ohio Department of Natural Resources, Ohio Department of Administrative Services, City 
of Columbus, Cleveland, Rocky River and other various municipalities, Internal Revenue, 
United States Postal Service and the Federal Home Loan Bank. and various private property 
owners and attorneys.