I read the Adjective Association question but I'm wondering how it applies to the following sentence:
Here is a really old picture of me.
It appears that really old, and picture are associated to me, but it could also be assumed that really old associated to picture. Seems ambiguous.
Slightly changing the sentence:
Here is a blurry old picture of me.
Seems to indicate the picture, whereas I cannot come up with an adjective that would associate to me (might exist).