PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • March 15th, 2012 • Adcare Health Systems Inc • Services-skilled nursing care facilities • Georgia
THIS PURCHASE AND SALE AGREEMENT is made and entered into as of March 14, 2012 (the “Effective Date”) by and between F & F VENTURES, LLC, an Oklahoma limited liability company and TULSA CHRISTIAN CARE, INC., d.b.a. COMPANIONS SPECIALIZED CARE CENTER combined (“Seller”) and ADCARE PROPERTY HOLDINGS, LLC, an Ohio limited liability company or its permitted assigns (“Purchaser”).
MODIFICATION AGREEMENTModification Agreement • March 15th, 2012 • Adcare Health Systems Inc • Services-skilled nursing care facilities • Ohio
BENTON NURSING, LLC, a Georgia limited liability company (“Borrower 1”), PARK HERITAGE NURSING, LLC, a Georgia limited liability company (“Borrower 2”), and VALLEY RIVER NURSING, LLC, a Georgia limited liability company (“Borrower 3”) (the “Original Borrowers”), and
