Common use of Intended Use Clause in Contracts

Intended Use. The residential units in the Mortgaged Property will be allocated as follows (the “Intended Use”): 1. Independent Living Units _______% 2. Assisted Living Residences 100% 3. Skilled Nursing Beds _______% 4. Continuing Care Retirement Community with the following percentages of use: a. Seniors Apartments _______% b. Independent Living Units _______% c. Assisted Living Residences _______%

Appears in 1 contract

Sources: Multifamily Mortgage, Assignment of Rents and Security Agreement (Emeritus Corp\wa\)

Intended Use. The residential units in the Mortgaged Property will be allocated as follows (the “Intended Use”): 1. Independent Living Units _______% 2. Assisted Living Residences 100% % 3. Skilled Nursing Beds _______% % 4. Continuing Care Retirement Community with the following percentages of use: a. Seniors Apartments _______% b. Independent Living Units _______% c. Assisted Living Residences _______%

Appears in 1 contract

Sources: Multifamily Mortgage, Assignment of Rents and Security Agreement (Emeritus Corp\wa\)

Intended Use. The residential units in the Mortgaged Property will be allocated as follows (the "Intended Use"): 1. Independent Living Living/Congregate Care Units _______% 2. Assisted Living Residences 100% _______% 3. Skilled Nursing Beds _______% 4. Continuing Care Retirement Community with the following percentages of use: a. Seniors Apartments _______% b. Independent Living Living/Congregate Care Units _______% c. Assisted Living Residences _______% d. Skilled Nursing Beds _______%

Appears in 1 contract

Sources: Seniors Housing Provisions

Intended Use. The residential units in the Mortgaged Property will be allocated as follows (the “Intended Use”): 1. Independent Living Units _______% 2. Assisted Living Residences 100% 3. Skilled Nursing Beds _______% 4. Continuing Care Retirement Community with the following percentages of use: a. Seniors Apartments _______% b. Independent Living Units _______% c. Assisted Living Residences _______%

Appears in 1 contract

Sources: Multifamily Mortgage, Assignment of Rents and Security Agreement (Emeritus Corp\wa\)

Intended Use. The residential units in the Mortgaged Property will be allocated as follows (the “Intended Use”): 1. Independent Living Units _______0% 2. Assisted Living Residences 100% % 3. Skilled Nursing Beds _______% 0% 4. Continuing Care Retirement Community with the following percentages of use: a. Seniors Apartments _______0% b. Independent Living Units _______% 0% c. Assisted Living Residences _______0% d. Skilled Nursing Beds 0%

Appears in 1 contract

Sources: Multifamily Mortgage, Assignment of Rents and Security Agreement (Emeritus Corp\wa\)

Intended Use. The residential units in the Mortgaged Property will be allocated as follows (the “Intended Use”): 1. Independent Living Units _______0% 2. Assisted Living Residences 100% % 3. Skilled Nursing Beds _______% 0% 4. Continuing Care Retirement Community with the following percentages of use: a. Seniors Apartments _______0% b. Independent Living Units _______% 0% c. Assisted Living Residences _______100% d. Skilled Nursing Beds 0%

Appears in 1 contract

Sources: Multifamily Deed of Trust, Assignment of Rents and Security Agreement and Fixture Filing (Cornerstone Healthcare Plus Reit, Inc.)