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BK: 3179 PG: 24 IRCHFH's Interest $ 56,000 50% of Appreciation Amount Totals $ 76,040 Homeowner's Equity Interest + 30,471 First mortgage balance to IRCHFH + 57,489 SHIP mortgage balance + 30,000 IRCHFH second mortgage balance + 56,000 IRCHFH interest $ 250,000 Sales Price 7. Term. This Shared Appreciate Agreement shall commence upon transfer of title to the Property to Homeowner and shall end on the earlier of: (i) purchase of IRCHFH's Interest; (ii) sale or Transfer of the Property and payment in full of IRCHFH's Interest; (iii) exercise of IRCHFH's option under Section 3; and (iv) the original maturity date of the Habitat Note. 8. Homeowner's Refinance Rights. Homeowner may pledge the Property by mortgage or deed of trust to secure a loan, provided that the amount of the loan may not exceed eighty percent (80%) of the amount that Homeowner would receive under Section 6 of this Agreement from proceeds of a sale at Fair Market Value. 9. Uses and Maintenance. Homeowner shall use the Property only for single-family residential use as the primary residence of Homeowner and Homeowner's family, except as specifically provided in this Agreement. Homeowner acknowledges that the Property is in good condition and agrees to maintain the Property in as good a condition as received, normal wear and tear excepted. Homeowner shall comply with all laws, codes, statutes and regulations of governmental bodies and/or applicable homeowners' associations in use and occupancy of the Property. 10. Insurance. Homeowner shall maintain full fire and extended coverage insurance in the amount of the replacement cost of the Property, and public liability insurance in an amount of at least $300,000. All insurance policies shall name IRCHFH as an additional insured and loss payee, and shall be with companies and on forms reasonably approved by IRCHFH. 11. Taxes. Homeowner shall pay all property taxes and assessments promptly when due. 12. Default. Upon default by Homeowner, not cured within thirty (30) days after notice from IRCHFH, of any of the obligations in this Agreement, the Habitat Note, the Second Habitat Note, or the SHIP Note, or any mortgage securing any of said notes, IRCHFH shall have the right to purchase the Property in the same manner and terms as upon the occurrence of a Contingent Event described in Section 3, and shall have the right to all remedies for damages or injunctive relief available at law or equity. 13. Appraisal. Any dispute regarding the Fair Market Value of the Property shall be resolved by appraisal as follows: IRCHFH and Homeowner shall mutually select an appraiser whose determination shall be deemed the Fair Market Value. If IRCHFH and Homeowner cannot mutually agree on an appraiser, each shall select an appraiser who shall each submit an appraisal. If Page 6 of 9