GUARANTYGuaranty • August 11th, 2011 • Adcare Health Systems Inc • Services-skilled nursing care facilities • Georgia
SECURITY AGREEMENTSecurity Agreement • August 11th, 2011 • Adcare Health Systems Inc • Services-skilled nursing care facilities • Georgia
This Security Agreement (hereinafter called “Agreement”) is between ERIN PROPERTY HOLDINGS, LLC and ERIN NURSING, LLC (collectively, hereinafter the “Debtor”) and BANK OF ATLANTA (hereinafter called “Secured Party”).
COMMERCIAL GUARANTYAdcare Health Systems Inc • August 11th, 2011 • Services-skilled nursing care facilities • New Mexico
References in the boxes above are for Lender’s use only and do not limit the applicability of this document to any particular loan or item. Any item above containing ***** has been omitted due to text length limitations.
OPERATIONS TRANSFER AGREEMENTOperations Transfer Agreement • August 11th, 2011 • Adcare Health Systems Inc • Services-skilled nursing care facilities
This Operations Transfer Agreement (this “Agreement”), dated as of May 1, 2011 (the “Effective Date”), is by and between FIVE STAR QUALITY CARE-GA, LLC, a Delaware limited liability company (“Transferor”), and ERIN NURSING, LLC, a Georgia limited liability company (“New Operator”).
COMMERCIAL GUARANTYAdcare Health Systems Inc • August 11th, 2011 • Services-skilled nursing care facilities • New Mexico
References in the boxes above are for Lender’s use only and do not limit the applicability of this document to any particular loan or item. Any item above containing ***** has been omitted due to text length limitations.
DEED TO SECURE DEBT AND SECURITY AGREEMENTDebt and Security Agreement • August 11th, 2011 • Adcare Health Systems Inc • Services-skilled nursing care facilities • Georgia
THIS DEED TO SECURE DEBT AND SECURITY AGREEMENT (hereinafter referred to as this “Deed”) is made and entered into this 27th day of July, 2011, by and ERIN PROPERTY HOLDINGS, LLC, party of the first part, as grantor, whose address is 3050 Peachtree Road, NW, Suite 355, Two Buckhead Plaza, Atlanta, Georgia 30305 (hereinafter referred to as “Borrower”), and BANK OF ATLANTA, party of the second part, as grantee, whose address is 1970 Satellite Blvd., Duluth, Georgia 30097 (hereinafter referred to as “Lender”);
ASSIGNMENT OF LEASES AND RENTSAdcare Health Systems Inc • August 11th, 2011 • Services-skilled nursing care facilities • Georgia
THIS ASSIGNMENT, made and entered into as of this 27th day of July, 2011, between ERIN PROPERTY HOLDINGS, LLC, a limited liability company duly organized, existing and in good standing under the laws of the State of Georgia, whose mailing address is 3050 Peachtree Road, NW, Suite 355, Two Buckhead Plaza, Atlanta, Georgia 30305 (hereinafter referred to as “Borrower”), and BANK OF ATLANTA, the address of which is 1970 Satellite Blvd., Duluth, Georgia 30097 (hereinafter referred to as “Lender”);
INDEMNITY AGREEMENT REGARDING HAZARDOUS MATERIALSIndemnity Agreement Regarding Hazardous Materials • August 11th, 2011 • Adcare Health Systems Inc • Services-skilled nursing care facilities • Georgia
THIS INDEMNITY AGREEMENT (the “Agreement”) is made as of the 27th day of July, 2011, by ERIN PROPERTY HOLDINGS, LLC (the “Borrower”) for the benefit of BANK OF ATLANTA (“Lender”).
ESCROW AGREEMENTEscrow Agreement • August 11th, 2011 • Adcare Health Systems Inc • Services-skilled nursing care facilities
THIS ESCROW AGREEMENT (this “Agreement”) made and entered into as of the 27th day of July, 2011, by and among Erin Property Holdings, LLC (“Borrower”), BANK OF ATLANTA (the “Lender”), and BANK OF ATLANTA (“Escrow Agent”);
TERM LOAN AGREEMENTTerm Loan Agreement • August 11th, 2011 • Adcare Health Systems Inc • Services-skilled nursing care facilities • Georgia
THIS TERM LOAN AGREEMENT, is made, entered into and effective as of the 27th day of July, 2011, by and among ERIN PROPERTY HOLDINGS, LLC (hereinafter referred to as the “Borrower”), Erin Nursing, LLC and AdCare Health Systems, Inc. (hereinafter referred to as the “Guarantors”) and Bank of Atlanta, having its principal offices at 1970 Satellite Blvd, Duluth, GA 30097 (the “Lender”).
JOINDER AGREEMENT, THIRD AMENDMENT and SUPPLEMENT TO CREDIT AGREEMENTJoinder Agreement • August 11th, 2011 • Adcare Health Systems Inc • Services-skilled nursing care facilities • Pennsylvania
THIS JOINDER AGREEMENT, THIRD AMENDMENT AND SUPPLEMENT TO CREDIT AGREEMENT (this “Agreement”) dated June 2, 2011, is made by and among ADK GEORGIA, LLC, a Georgia limited liability company (“ADK Georgia”), ADK POWDER SPRINGS OPERATOR, LLC, a Georgia limited liability company (“Powder Springs”), ADK LUMBER CITY OPERATOR, LLC, a Georgia limited liability company (“Lumber City”), ADK JEFFERSONVILLE OPERATOR, LLC, a Georgia limited liability company (“Jeffersonville”), ADK LAGRANGE OPERATOR, LLC, a Georgia limited liability company (“LaGrange”), ADK THOMASVILLE OPERATOR, LLC, a Georgia limited liability company (“Thomasville”), ADK OCEANSIDE OPERATOR, LLC, a Georgia limited liability company (“Oceanside”), ADK SAVANNAH BEACH OPERATOR, LLC, a Georgia limited liability company (“Savannah”), ADK THUNDERBOLT OPERATOR, LLC, a Georgia limited liability company (“Thunderbolt”), ATTALLA NURSING ADK, LLC, a Georgia limited liability company (“Attalla ADK”), MOUNTAIN TRACE NURSING ADK, LLC, an Ohio
LOAN AGREEMENTLoan Agreement • August 11th, 2011 • Adcare Health Systems Inc • Services-skilled nursing care facilities
THIS LOAN AGREEMENT (“Agreement”) is made July 27, 2011 between the Borrower and Lender identified in the attached Authorization issued by the U.S. Small Business Administration # 47671350-10 (“SBA”) to Lender, dated July 8, 2011. (“Authorization”).
LOAN AGREEMENTLoan Agreement • August 11th, 2011 • Adcare Health Systems Inc • Services-skilled nursing care facilities • Georgia
THIS LOAN AGREEMENT, made and entered into this 27th day of July, 2011, by and between ERIN PROPERTY HOLDINGS, LLC (the “Borrower”) and BANK OF ATLANTA (“Lender”).
