BENNETT K. MORONG

                                              LICENSED REAL ESTATE APPRAISER

                                   MAINE # AP 2586           NEW HAMPSHIRE # NHLR-541

Experience:

                        03/07 – Present:           CM Appraisals LLC, York, ME -- Licensed Residential Appraiser

                        10/04 – 03/07:             CM Appraisals LLC, York, ME -- Appraiser Trainee  

                        03/03 – 10/04:             CM Appraisals LLC, York, ME -- Staff Support

                        2000 – 03/03:              Bank of New Hampshire, Dover, NH -- Commercial Lender

                        1978 – 2000:               Farmington (NH) National Bank -- Mortgage Lender

                        1985 – 1997:               Blackstone Agency -- Licensed Real Estate Salesman

Education:

                        Lee Institute Real Estate School, Brookline, MA

                        11/07               Residential Sales Comparison and Income Approaches

                        JMB Real Estate Academy, Chelmsford, MA

                        09/07               National Uniform Standards of Professional Appraisal Practice Update

                        JMB Real Estate Academy, Chelmsford, MA

                        01/07:              Residential Market Analysis & Highest and Best Use

                        McKissock Real Estate and Appraisal School

                        08/05:              Fannie Mae Revisions and the Appraiser

                        JMB Real Estate Academy, Chelmsford, MA

                        10/04:              Income Property Appraisal

                        09/04:              National Uniform Standards of Professional Appraisal Practice

                        09/04:              Fundamentals of Real Estate Appraisal

                        Center for Real Estate Education, University of Southern Maine, Portland, ME

                        06/87:              Residential Construction

                        05/87:              Residential Property Management

                        1984 – 1986:   New England School of Banking, Williamstown, MA

                        National Association of Independent Fee Appraisers

                        1982:               Appraisals: Equity Analysis

                        1980:               Appraisals: Cost Approach to Value

                        1978:               Appraisals: Residential Real Estate

                                                1974 – 1976:   University of New Hampshire, D.C.E., Durham, NH

                                                                         - Associate Degree in Banking

                                                1966 – 1967    University of New Hampshire, Durham, NH

Professional Memberships:

                        2006 – Present:            Member, VFW Post 6977, York, ME

                        2004 – Present:            Member, Chamber of Commerce, York, ME

                        2004 – Present:            Notary Public, Maine

                                                2003 – 2006:               Member, Rotary Club, York, ME

                                                1998 – 2003:               Member, Rotary Club, Rochester, NH

                                    2000 - 2003:                Member, Planning & Ordinance Committee, Town of York, ME

Military:                                    1967 – 1970:               U. S. Army (Vietnam service: 1968/1970)

Continuing Education Seminars/Courses:

     OMEGA Performance Corp.

        - 5/94  Understanding Business Cash Flow

     Bank Administration Institute

        - 9/93  Loan Review Certificate Course I

     University of New Hampshire D.C.E.

        - 1993  MS-DOS Workshop (Beginner's and Advanced)

        - 1983  Calling Officer Program

        - 1981  Alternative Mortgage Financing

     National Business Institute

        - 6/94  Basic Debtor/Creditor Practice in NH

        - 12/93 Fundamentals of Bankruptcy Law and Procedure

        - 6/93  Foreclosure and Repossession

        - 5/92  Basic Bankruptcy

        - 3/92  FDIC/RTC Claims and Litigation

        - 9/91  Legal Collection Litigation

        - 5/91  Legal Issues of Problem Collections

        - 1/91  Protection of Secured Interests in Bankruptcy

     TICOR Mortgage Insurance Company

        - 1983  Underwriting the Self Employed Borrower

     American Institute of Banking

        - 1980  National School of Real Estate Finance