MULTIFAMILY NOTE MULTISTATE – FIXED TO FLOAT (REVISION DATE 2-15-2008)Multifamily Note • March 15th, 2010 • Emeritus Corp\wa\ • Services-nursing & personal care facilities
FOR VALUE RECEIVED, the undersigned (together with such party's or parties' successors and assigns, "Borrower"), jointly and severally (if more than one) promises to pay to the order of KEYCORP REAL ESTATE CAPITAL MARKETS, INC., an Ohio corporation, the principal sum of Three Million Seven Hundred Thirty-One Thousand and No/100 Dollars (US $3,731,000.00), with interest on the unpaid principal balance, as hereinafter provided.
MULTIFAMILY NOTE MULTISTATE – FIXED TO FLOAT (REVISION DATE 2-15-2008)Emeritus Corp\wa\ • March 15th, 2010 • Services-nursing & personal care facilities
FOR VALUE RECEIVED, the undersigned (together with such party's or parties' successors and assigns, "Borrower"), jointly and severally (if more than one) promises to pay to the order of KEYCORP REAL ESTATE CAPITAL MARKETS, INC., an Ohio corporation, the principal sum of Two Million One Hundred Fifty-Eight Thousand and No/100 Dollars (US $2,158,000.00), with interest on the unpaid principal balance, as hereinafter provided.
FIRST AMENDMENT TO MASTER LEASESecurity Agreement • March 15th, 2010 • Emeritus Corp\wa\ • Services-nursing & personal care facilities • Tennessee
THIS FIRST AMENDMENT TO MASTER LEASE (this “Amendment”) is made and executed and effective as of this 1st day of December, 2009 (the “Amendment Execution Date”) by and between EMERITUS CORPORATION, a Washington corporation, having its principal office at 3131 Elliott Avenue, Suite 500, Seattle, Washington 98121-1031, as Tenant, and NATIONAL HEALTH INVESTORS, INC., a Maryland corporation, having its principal office at 222 Robert Rose Drive, Murfreesboro, Tennessee 37129, as Landlord.
PURCHASE AND SALE AGREEMENT between EMERITUS CORPORATION as “Buyer” and CLINTON ASSISTED LIVING LLC as “Seller” Dated as of September 29, 2009Purchase and Sale Agreement • March 15th, 2010 • Emeritus Corp\wa\ • Services-nursing & personal care facilities • Mississippi
This Purchase and Sale Agreement (this “Agreement”) is dated as of September 29, 2009 (the “Effective Date”), between EMERITUS CORPORATION, a Washington corporation, and/or its assigns (“Buyer”), and CLINTON ASSISTED LIVING LLC, a Washington limited liability company (“Seller”).
LOAN MODIFICATION AGREEMENTLoan Modification Agreement • March 15th, 2010 • Emeritus Corp\wa\ • Services-nursing & personal care facilities • Texas
This LOAN MODIFICATION AGREEMENT dated October 30, 2009, is made by and among EMERITOL DOWLEN OAKS LLC, a Delaware limited liability company, EMERITOL SADDLERIDGE LODGE LLC, a Delaware limited liability company and EMERITOL SEVILLE ESTATES LLC, a Delaware limited liability company (each a “Borrower” and collectively, “Borrowers”), KEYBANK NATIONAL ASSOCIATION, a national banking association, its successors and assigns (“Lender”), and EMERITUS CORPORATION, a Washington corporation (“Emeritus”) and DANIEL R. BATY, individually (jointly and severally with Emeritus, “Guarantor”).
ContractNon-Competition Agreement • March 15th, 2010 • Emeritus Corp\wa\ • Services-nursing & personal care facilities • Washington
LOAN MODIFICATION AGREEMENTLoan Modification Agreement • March 15th, 2010 • Emeritus Corp\wa\ • Services-nursing & personal care facilities • Oregon
This LOAN MODIFICATION AGREEMENT dated October 30, 2009, is made by and among EMERITOL STONECREEK LODGE LLC, a Delaware limited liability company and EMERITOL MEADOWBROOK LLC, a Delaware limited liability company (each a “Borrower” and collectively, “Borrowers”), KEYBANK NATIONAL ASSOCIATION, a national banking association, its successors and assigns (“Lender”), and EMERITUS CORPORATION, a Washington corporation (“Emeritus” or “Guarantor”).
