Exhibit I - Draft Estate to be Appraised.pdf

ESTATE TO BE APPRAISED (DRAFT)

The interests (estate) to be appraised are the “as is” rights, title, and interests which the property owner can convey as of the effective date of value. Refer to the Certificate of Vested Title and Title Report, most recent deeds, outstanding rights, recorded and unrecorded agreements, etc.

Also, refer to UASFLA, 1.2.6.1.

Preliminary Larger Parcel: All rights, title, and interest in and to the 1,844.12-acre +/- subject property acquired by the Cross Knob Sportsman Club, Inc., a West Virginia corporation, in Deed Book 127, Page 21, and Quitclaim Deed Book 233, Page 685 subject to the following outstanding rights, reservations, benefitting easements, and/or encumbrances (based upon the legal description and title evidence provided):

EX 1 – A Quitclaim Deed and Boundary Line Agreement by and between Cross Knob Sportsman Club, Inc., and Grover S. Funkhouser, Jr., et al. dated September 25, 1995, and recorded in the Hardy County Clerk's Office in Deed Book 233, Page 685.

EX 2 – The right of use by others of the Old Capon Road, which is located on or near the northern boundary of the subject property owned by the Cross Knob Sportsman Club, Inc.

EX 3 – A right-of-way easement of indeterminate width conveyed to Jack R. Ours and George R.

Ours, Jr., their heirs and assigns dated September 8, 1971, and recorded in the Hardy County Clerk's Office in Deed Book 126, Page 554, which provides a right of ingress and egress through a portion of the subject property from South Fork Road (WV Secondary Route 7) along the Old Capon Road to access land located north of the Cross Knob Sportsman Club, Inc. property.

[Note: The approximate location of this ROW easement is depicted on the accompanying Appraisal Task Assignment Map.]

EX 4 – A 30’ wide right-of-way easement conveyed to Jack R. Ours and George R. Ours, Jr., their heirs and assigns dated September 8, 1971, and recorded in the Hardy County Clerk's Office in Deed Book 126, Page 554. Said easement provides the right of ingress and egress through the subject property to access adjacent land located north of the Cross Knob Sportsman Club, Inc. property. [Note: The approximate location of this ROW easement is depicted on the accompanying Appraisal Task Assignment Map.]

EX 5 – A non-exclusive right-of-way easement of indeterminate width conveyed to the Cross Knob Sportsman Club, Inc. in Deed Book 127, Page 21 that provides access from South Fork Road (WV Secondary Route 7), along the Old Capon Road through adjoining private and to the subject property. [Note: This is a benefitting easement in favor of Cross Knob Hunting Club, Inc.

and the approximate location is depicted on the accompanying Appraisal Task Assignment Map.]

EX 6 - A 30’ wide non-exclusive right-of-way easement conveyed to the Cross Knob Sportsman Club, Inc. in Deed Book 127, Page 21 that provides access from Howard's Lick Public Road (WV Secondary Road No. 12) to the subject property through adjoining private land. [Note: This is a benefitting easement in favor of Cross Knob Hunting Club, Inc. and the approximate location is depicted on the accompanying Appraisal Task Assignment Map.]

Exhibit I

EX 7 – Unrecorded easements, leases, or agreements for utilities that may physically exist on the subject property, including but not limited to the following:

● Potomac Edison (Overhead electric distribution and service lines to structures located within the various cabin lots located inside and outside of Designated Improvement Areas 1 and 2).

EX 8 – Rights of the shareholders of the Cross Knob Sportsman Club, Inc. in and to the 100 individual lots collectively contained in Designated Improvement Areas, 1, 2, 3, and 4, as shown in the Survey Plat recorded in Deed Book 131, Page 543 in the Hardy County Clerks’ office and in the Cross Knob Sportsman Club, Inc. “Special Shareholder Resolution” dated May 29, 1973.

Note: Federal Forest Legacy Program funds will not be used to acquire the portions of the Conservation Easement area delineated and shown on the Appraisal Task Assignment Map as Designated Improvement Areas 1, 2, 3, and 4. Accordingly, the value of these portions of the Conservation Easement area will need to be separately allocated.