GUARANTYGuaranty • October 20th, 2011 • Adcare Health Systems Inc • Services-skilled nursing care facilities • Ohio
SECURITY AGREEMENTSecurity Agreement • October 20th, 2011 • Adcare Health Systems Inc • Services-skilled nursing care facilities • Arkansas
This Security Agreement (hereinafter called “Agreement”) is between HOMESTEAD PROPERTY HOLDINGS, LLC and HOMESTEAD NURSING, LLC (collectively, hereinafter the “Debtor”) and SQUARE 1 BANK (hereinafter called “Secured Party”).
PREPARED BY AND WHEN RECORDED RETURN TO: Reid H. Harbin, Esq. Harbin & Miller, LLCMortgage and Security Agreement • October 20th, 2011 • Adcare Health Systems Inc • Services-skilled nursing care facilities • Arkansas
FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • October 20th, 2011 • Adcare Health Systems Inc • Services-skilled nursing care facilities
This First Amendment to Purchase and Sale Agreement (this “Amendment”) is made and entered into as of June 13, 2011 (the “Effective Date”) by and between FIRST COMMERCIAL BANK, a Missouri corporation (“Seller”) and BROGDON FAMILY, LLC, a Georgia limited liability company or its permitted assigns (“Purchaser”).
PURCHASE AND SALE AGREEMENTEscrow Agreement • October 20th, 2011 • Adcare Health Systems Inc • Services-skilled nursing care facilities • Oklahoma
THIS PURCHASE AND SALE AGREEMENT is made and entered into as of May 5, 2011 (the “Effective Date”) by and between FIRST COMMERCIAL BANK, a Missouri corporation (“Seller”) and BROGDON FAMILY, LLC, a Georgia limited liability company or its permitted assigns (“Purchaser”).
ESCROW AGREEMENTEscrow Agreement • October 20th, 2011 • Adcare Health Systems Inc • Services-skilled nursing care facilities
THIS ESCROW AGREEMENT (this “Agreement”) made and entered into as of the day of , 2011, by and among Homestead Property Holdings, LLC and Homestead Nursing, LLC (collectively, “Borrower”), SQUARE 1 BANK (the “Lender”), and SQUARE 1 BANK (“Escrow Agent”);
TERM LOAN AGREEMENTTerm Loan Agreement • October 20th, 2011 • Adcare Health Systems Inc • Services-skilled nursing care facilities • Arkansas
THIS TERM LOAN AGREEMENT, is made, entered into and effective as of the day of , 2011, by and among HOMESTEAD PROPERTY HOLDINGS, LLC and HOMESTEAD NURSING, LLC (hereinafter collectively, referred to as the “Borrower”), ADCARE HEALTH SYSTEMS, INC. (hereinafter referred to as the “Guarantor”) and Square 1 Bank, having its principal offices at 406 Blackwell Street, Suite 420, Durham, North Carolina 27701 (the “Lender”).
AMENDMENT AND ASSIGNMENT OF PURCHASE AND SALE AGREEMENTAmendment and Assignment of Purchase and Sale Agreement • October 20th, 2011 • Adcare Health Systems Inc • Services-skilled nursing care facilities
This Amendment and Assignment of Purchase and Sale Agreement (this “Amendment”) is made and entered into as of September 30, 2011 (the “Effective Date”) by and among FIRST COMMERCIAL BANK, a Missouri corporation (“Seller”), BROGDON FAMILY, LLC, a Georgia limited liability company (“Assignor”), and ADCARE PROPERTY HOLDINGS, LLC, an Ohio limited liability company or its permitted assigns (“Assignee”).
