DEED TO SECURE DEBT AND SECURITY AGREEMENTDebt and Security Agreement • November 9th, 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 day of , 2011, by and between CP Property Holdings, LLC, whose address is 3050 Peachtree Road, Suite 355, Atlanta, GA 30305, party of the first part, as grantor (hereinafter referred to as “Borrower”), and Economic Development Corporation of Fulton County, whose address is 5534 Old National Highway, College Pard, GA 30349, party of the second part, as grantee (hereinafter referred to as “Lender”);
GUARANTY OF ADCARE HEALTH SYSTEMS, INC.Adcare Health Systems Inc • November 9th, 2011 • Services-skilled nursing care facilities
THIS GUARANTY is made by AdCare Health Systems, Inc., a corporation validly organized and existing in the State of Ohio (“Guarantor”) in favor of KMJ Management, LLC d/b/a Pinnacle Healthcare, LLC (“Lender”).
CDC/SBC LOAN AGREEMENTCDC/SBC Loan Agreement • November 9th, 2011 • Adcare Health Systems Inc • Services-skilled nursing care facilities • Georgia
THIS AGREEMENT dated September 6, 2011, by and between CP Property Holdings, LLC (hereinafter the “Borrower” and/or the “SBC”), CP Nursing, LLC (hereinafter “Operating Company” and/or “Guarantor”) and Economic Development Corporation of Fulton County (hereinafter the “Lender” and/or the “CDC”);
SECURITY AGREEMENTSecurity Agreement • November 9th, 2011 • Adcare Health Systems Inc • Services-skilled nursing care facilities • Georgia
THIS SECURITY AGREEMENT (this “Agreement”) is made and entered into as of the day of , 2011, by and among CP Property Holdings, LLC (the “Borrower”), whose mailing address is 3050 Peachtree Road NW, Suite 355, Atlanta, GA 30305, and CP Nursing, LLC (the “Operating Company”), whose mailing address is 3050 Peachtree Road NW, Suite 355 Atlanta, GA 30305 (Borrower and Operating Company collectively referred to as the “Grantor”), and Economic Development Corporation of Fulton County with an office located at 5534 Old National Highway, College Park, GA 30349 (the “Lender”).
