EXHIBIT 10.3

NOTE

October 7, 2015

FOR VALUE RECEIVED, the undersigned (the “Borrower”) hereby promises to pay to
the order of BANK OF AMERICA, N.A. (the “Lender”), on the Maturity Date (as
defined in the Credit Agreement referred to below) the principal amount of each
Loan from time to time made by the Lender to the Borrower under that certain
Credit Agreement, dated as of October 7, 2015 (as amended, restated, extended,
supplemented or otherwise modified in writing from time to time, the
“Agreement;” the terms defined therein being used herein as therein defined),
between the Borrower and the Lender.

The Borrower promises to pay interest on the unpaid principal amount of each
Loan from the date of such Loan until such principal amount is paid in full, at
such interest rates, and at such times as are specified in the Agreement.  All
payments of principal and interest shall be made to the Lender in Dollars in
immediately available funds at the Lender’s Lending Office.  If any amount is
not paid in full when due hereunder, such unpaid amount shall bear interest, to
be paid upon demand, from the due date thereof until the date of actual payment
(and before as well as after judgment) computed at the per annum rate set forth
in the Agreement.

This Note is the Note referred to in the Agreement, is entitled to the benefits
thereof and is subject to optional prepayment in whole or in part as provided
therein.  The indebtedness evidence by this Note is also entitled to the
benefits of the Guaranty and is secured by the Collateral.  Upon the occurrence
and continuation of one or more of the Events of Default specified in the
Agreement, all amounts then remaining unpaid on this Note shall become, or may
be declared to be, immediately due and payable all as provided in the Agreement.
 Loans made by the Lender shall be evidenced by one or more loan accounts or
records maintained by the Lender in the ordinary course of business.  The Lender
may also attach schedules to this Note and endorse thereon the date, amount and
maturity of the Loans and payments with respect thereto.

The Borrower, for itself, its successors and assigns, hereby waives diligence,
presentment, protest and demand and notice of protest, demand, dishonor and
non-payment of this Note.

--------------------------------------------------------------------------------

THIS NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE
STATE OF TENNESSEE.

NATIONAL HEALTHCARE CORPORATION

By:  

/s/ John K. Lines

Name: John K. Lines

Title:

Sr. VP, General Counsel, Secretary

--------------------------------------------------------------------------------

LOANS AND PAYMENTS WITH RESPECT THERETO

Date

Type of Loan Made

Amount of Loan Made

End of Interest Period

Amount of Principal or Interest Paid This Date

Outstanding Principal Balance This Date

Notation Made By

________

_________

_________

________

________

_________

________

________

_________

_________

________

________

_________

________

________

_________

_________

________

________

_________

________

________

_________

_________

________

________

_________

________

________

_________

_________

________

________

_________

________

________

_________

_________

________

________

_________

________

________

_________

_________

________

________

_________

________

________

_________

_________

________

________

_________

________

________

_________

_________

________

________

_________

________

________

_________

_________

________

________

_________

________

________

_________

_________

________

________

_________

________

________

_________

_________

________

________

_________

________

________

_________

_________

________

________

_________

________

________

_________

_________

________

________

_________

________

________

_________

_________

________

________

_________

________

________

_________

_________

________

________

_________

________

________

_________

_________

________

________

_________

________

________

_________

_________

________

________

_________

________

________

_________

_________

________

________

_________

________

________

_________

_________

________

________

_________

________

________

_________

_________

________

________

_________

________

________

_________

_________

________

________

_________

________

________

_________

_________

________

________

_________

________

________

_________

_________

________

________

_________

________