Pledge and Security Agreement With Power of Sale Sample Contracts

PLEDGE AND SECURITY AGREEMENT WITH POWER OF SALE

Pledge and Security Agreement With Power of Sale • September 7th, 2011 • Adcare Health Systems Inc • Services-skilled nursing care facilities

• Contract Type
  Pledge and Security Agreement With Power of Sale
• Filed
  September 7th, 2011
• Company
  Adcare Health Systems Inc
• Industry
  Services-skilled nursing care facilities

This PLEDGE AND SECURITY AGREEMENT WITH POWER OF SALE (the “Agreement”) is entered into and executed as of August 31, 2011, by and between AdCare Property Holdings, LLC, an Ohio limited liability company, (“Pledgor”), and KMJ MANAGEMENT, LLC d/b/a PINNACLE HEALTHCARE, LLC, an Arkansas limited liability company, (“Pledgee”).