Exhibit 10.18


 


SECOND
AMENDMENT TO

AMENDED AND RESTATED MASTER LEASE AGREEMENT

(LEASE NO. 1)


 


THIS
SECOND AMENDMENT TO AMENDED AND RESTATED MASTER LEASE AGREEMENT (LEASE NO. 1) (this “Amendment”) is made and
entered into as of November 17, 2009 by and among each of the parties
identified on the signature pages hereof as a landlord (collectively, “Landlord”)
and FIVE STAR QUALITY CARE TRUST, a Maryland business trust (“Tenant”).


 


W I T N E S S E T H:


 


WHEREAS, pursuant to the terms of that certain
Amended and Restated Master Lease Agreement (Lease No. 1), dated as of August 4,
2009, as amended by that certain Partial Termination of and First Amendment to
Amended and Restated Master Lease Agreement (Lease No. 1), dated as of October 1,
2009 (as so amended, “Amended Lease No. 1”), Landlord leases to
Tenant, and Tenant leases from Landlord, the Leased Property (this and other
capitalized terms used but not otherwise defined herein having the meanings
given such terms in Amended Lease No. 1), all as more particularly
described in Amended Lease No. 1; and


 


WHEREAS, on or about the date hereof, SNH CHS
Properties Trust has acquired the following real properties and related
improvements: (i) the senior living community known as The Haven in
Highland Creek, located at 5920 McChesney Drive, Charlotte, North
Carolina 28269, and  the senior living community known as The
Laurels in Highland Creek, located at 6101 Clark Creek Parkway,
Charlotte, North Carolina 28269, as more particularly described on Exhibit A-54
attached hereto; and (ii) the senior living community known as The Haven in the
Village at Carolina Place, located at 13150 Dorman Road, Pineville,
North Carolina 28134,
and  the senior
living community known as The Laurels in the Village at Carolina Place, located at
13180 Dorman Road, Pineville, North Carolina 28134, as more particularly described on Exhibit A-55
attached hereto  (collectively, the “New SNH CHS Properties”); and


 


WHEREAS, on or about the date hereof, SNH/LTA
Properties Trust has acquired the following real properties and related
improvements: (i) the senior living community known as The Haven in the
Summit, located at 3 Summit Terrace, Columbia, South Carolina 29229, as more
particularly described on Exhibit A-56 attached hereto; (ii) the senior living community known as The
Haven in the Village at Chanticleer, located at 355 Berkmans Lane, Greenville,
South Carolina 29605, as more particularly 


 






 










 


described on Exhibit A-57
attached hereto; (iii) the senior living community known as The Haven in the
Texas Hill Country, located at 747 Alpine Drive, Kerrville, Texas, 78028, as
more particularly described on Exhibit A-58 attached hereto; and (iv) the
senior living community known as The Haven in Stone Oak, located at 511 Knights
Cross Drive, San Antonio, Texas 78258, and the senior living community known as The
Laurels in Stone Oak, located at 575 Knights Cross Drive, San Antonio, Texas
78258, as more particularly described on Exhibit A-59 attached
hereto  (collectively,
the “New SNH/LTA Properties” and together with the New SNH CHS
Properties, the “New Properties”); and


 


WHEREAS, SNH CHS Properties Trust, SNH/LTA
Properties Trust, the other entities comprising Landlord and Tenant wish to
amend Amended Lease No. 1 to include the New Properties;


 


NOW,
THEREFORE, in
consideration of the mutual covenants herein contained and other good and
valuable consideration, the mutual receipt and legal sufficiency of which are
hereby acknowledged, Landlord and Tenant hereby agree that, effective as of the
date hereof, Amended Lease No. 1 is hereby amended as follows:


 


1.             Definition of Minimum Rent.  The defined term “Minimum Rent” set forth in Section 1.68
of Amended Lease No. 1 is hereby deleted in its entirety and replaced with
the following:


 


“Minimum
Rent”  shall mean the sum of Fifty-Two Million Two
Hundred Eighty-Six Thousand Seven Hundred Two and 41/100s Dollars
($52,286,702.41) per annum.


 


2.             Leased Property.  Section 2.1 of Amended Lease No. 1
is hereby amended by deleting subsection (a) therefrom in its entirety and
replacing it with the following:


 


(a)           those certain tracts, pieces and
parcels of land as more particularly described on Exhibits A-1 through A-59
attached hereto and made a part hereof (the “Land”).


 


3.             Schedule 1.  Schedule 1 to Amended Lease No. 1 is
hereby deleted in its entirety and replaced with Schedule 1 attached
hereto.


 


4.             Exhibit A.  Exhibit A to Amended Lease No. 1 is
hereby amended by adding Exhibits A-54 through A-59  


 


2

















 


attached hereto immediately following Exhibit A-53
to Amended Lease No. 1.


 


5.             Ratification.  As amended hereby, Amended Lease No. 1
is hereby ratified and confirmed.


 


[Remainder
of page intentionally left blank;


signature
pages follow]


 


3

















 


IN WITNESS WHEREOF, the parties have executed
this Amendment as a sealed instrument as of the date above first written.


 


	
   

  	
  LANDLORD:

  
	
   

  	
   

  
	
   

  	
  SNH SOMERFORD PROPERTIES TRUST

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Richard A. Doyle

  
	
   

  	
   

  	
  Richard A. Doyle

  
	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  SPTMNR PROPERTIES TRUST

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Richard A. Doyle

  
	
   

  	
   

  	
  Richard A. Doyle

  
	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  SNH/LTA PROPERTIES TRUST

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Richard A. Doyle

  
	
   

  	
   

  	
  Richard A. Doyle

  
	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  SPTIHS PROPERTIES TRUST

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Richard A. Doyle

  
	
   

  	
   

  	
  Richard A. Doyle

  
	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  SNH CHS PROPERTIES TRUST

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Richard A. Doyle

  
	
   

  	
   

  	
  Richard A. Doyle

  
	
   

  	
   

  	
  Treasurer

  



 


4

















 


	
   

  	
  SNH/LTA PROPERTIES GA LLC

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Richard A. Doyle

  
	
   

  	
   

  	
  Richard A. Doyle

  
	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  TENANT:

  
	
   

  	
   

  
	
   

  	
  FIVE STAR QUALITY CARE TRUST

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Francis R. Murphy
  III

  
	
   

  	
   

  	
  Francis R. Murphy III

  
	
   

  	
   

  	
  Treasurer

  



 


5

















 


EXHIBIT
A-54


 


The Haven
in Highland Creek


5920 McChesney Drive 

Charlotte, NC 28269


 


The Laurels
in Highland Creek

6101 Clark Creek Parkway


Charlotte, NC 28269


 

















 


EXHIBIT
A-55


 


The Haven
in the Village at Carolina Place


13150 Dorman Road


Pineville, NC 28134


 


The Laurels
in the Village at Carolina Place


13180 Dorman Road


Pineville, NC 28134


 

















 


EXHIBIT
A-56


 


The Haven
in the Summit


3 Summit Terrace


Columbia, SC 29229


 

















 


EXHIBIT
A-57


 


The Haven in the Village at Chanticleer


355 Berkmans Lane


Greenville, SC 29605


 

















 


EXHIBIT
A-58


 


The Haven in the Texas Hill Country

747 Alpine Drive,

Kerrville, TX 78028


 














 


EXHIBIT
A-59


 


The Haven
in Stone Oak


511 Knights
Cross Drive


San Antonio, TX 78258


 


The Laurels
in Stone Oak


575 Knights Cross Drive


San Antonio, TX 78258


 


Certain attachments to the Exhibits to this agreement have been
omitted. The Company agrees to furnish supplementally copies of any of the
omitted attachments to the Exhibits to the Securities and Exchange Commission
upon request.


 

















 


SCHEDULE 1


 


PROPERTY-SPECIFIC INFORMATION


 


	
  Exhibit

  	
   

  	
  Property Address

  	
   

  	
  Base Gross

  Revenues

  (Calendar

  Year)

  	
   

  	
  Base Gross

  Revenues

  (Dollar Amount)

  	
   

  	
  Commencement

  Date

  	
   

  	
  Interest

  Rate

  	
   

  
	
  A-1

  	
   

  	
  La
  Mesa Healthcare Center
  

  2470 South Arizona Avenue  

  Yuma, AZ 85364

  	
   

  	
  2005

  	
   

  	
  $

  	
  6,333,157

  	
   

  	
  12/31/2001

  	
   

  	
  10

  	
  %

  
	
  A-2

  	
   

  	
  SunQuest
  Village of Yuma  

  265 East 24th Street  

  Yuma, AZ 85364

  	
   

  	
  2005

  	
   

  	
  $

  	
  543,595

  	
   

  	
  12/31/2001

  	
   

  	
  10

  	
  %

  
	
  A-3

  	
   

  	
  Somerford
  Place - Encinitas  

  1350 South El Camino Real  

  Encinitas, CA 92024

  	
   

  	
  2009

  	
   

  	
  N/A

  	
   

  	
  03/31/2008

  	
   

  	
  8

  	
  %

  
	
  A-4

  	
   

  	
  Somerford
  Place - Fresno  

  6075 North Marks Avenue  

  Fresno, CA 93711

  	
   

  	
  2009

  	
   

  	
  N/A

  	
   

  	
  03/31/2008

  	
   

  	
  8

  	
  %

  
	
  A-5

  	
   

  	
  Lancaster
  Healthcare Center  

  1642 West Avenue J  

  Lancaster, CA 93534

  	
   

  	
  2005

  	
   

  	
  $

  	
  6,698,648

  	
   

  	
  12/31/2001

  	
   

  	
  10

  	
  %

  
	
  A-6

  	
   

  	
  Somerford
  Place - Redlands  

  1319 Brookside Avenue  

  Redlands, CA 92373

  	
   

  	
  2009

  	
   

  	
  N/A

  	
   

  	
  03/31/2008

  	
   

  	
  8

  	
  %

  
	
  A-7

  	
   

  	
  Somerford
  Place - Roseville  

  110 Sterling Court  

  Roseville, CA 95661

  	
   

  	
  2009

  	
   

  	
  N/A

  	
   

  	
  03/31/2008

  	
   

  	
  8

  	
  %

  
	
  A-8

  	
   

  	
  Leisure
  Pointe  

  1371 Parkside Drive  

  San Bernardino, CA 92404

  	
   

  	
  2007

  	
   

  	
  $

  	
  1,936,220

  	
   

  	
  09/01/2006

  	
   

  	
  8.25

  	
  %

  
	
  A-9

  	
   

  	
  Van Nuys Health Care Center  

  6835 Hazeltine Street  

  Van Nuys, CA 91405

  	
   

  	
  2005

  	
   

  	
  $

  	
  3,626,353

  	
   

  	
  12/31/2001

  	
   

  	
  10

  	
  %

  
	
  A-10

  	
   

  	
  Mantey
  Heights 

  Rehabilitation & Care Center  

  2825 Patterson Road  

  Grand Junction, CO 81506

  	
   

  	
  2005

  	
   

  	
  $

  	
  5,564,949

  	
   

  	
  12/31/2001

  	
   

  	
  10

  	
  %

  
	
  A-11

  	
   

  	
  Cherrelyn
  Healthcare Center  

  5555 South Elati Street  

  Littleton, CO 80120

  	
   

  	
  2005

  	
   

  	
  $

  	
  12,574,200

  	
   

  	
  12/31/2001

  	
   

  	
  10

  	
  %

  



 

















 


	
  Exhibit

  	
   

  	
  Property Address

  	
   

  	
  Base Gross

  Revenues

  (Calendar

  Year)

  	
   

  	
  Base Gross

  Revenues

  (Dollar Amount)

  	
   

  	
  Commencement

  Date

  	
   

  	
  Interest

  Rate

  	
   

  
	
  A-12

  	
   

  	
  Somerford House and Somerford Place - Newark I & II  

  501 South Harmony Road  

  and  

  4175 Ogletown Road  

  Newark, DE 19713

  	
   

  	
  2009

  	
   

  	
  N/A

  	
   

  	
  03/31/2008

  	
   

  	
  8

  	
  %

  
	
  A-13

  	
   

  	
  Tuscany
  Villa Of Naples (aka Buena Vida)  

  8901 Tamiami Trail East  

  Naples, FL 34113

  	
   

  	
  2008

  	
   

  	
  $

  	
  2,157,675

  	
   

  	
  09/01/2006

  	
   

  	
  8.25

  	
  %

  
	
  A-14

  	
   

  	
  College
  Park Healthcare Center
  

  1765 Temple Avenue  

  College Park, GA 30337

  	
   

  	
  2005

  	
   

  	
  $

  	
  4,130,893

  	
   

  	
  12/31/2001

  	
   

  	
  10

  	
  %

  
	
  A-15

  	
   

  	
  Morningside
  of Columbus  

  7100 South Stadium Drive  

  Columbus, GA 31909

  	
   

  	
  2006

  	
   

  	
  $

  	
  1,381,462

  	
   

  	
  11/19/2004

  	
   

  	
  9

  	
  %

  
	
  A-16

  	
   

  	
  Morningside of Dalton  

  2470 Dug Gap Road  

  Dalton, GA 30720

  	
   

  	
  2006

  	
   

  	
  $

  	
  1,196,357

  	
   

  	
  11/19/2004

  	
   

  	
  9

  	
  %

  
	
  A-17

  	
   

  	
  Morningside
  of Evans  

  353 North Belair Road  

  Evans, GA 30809

  	
   

  	
  2006

  	
   

  	
  $

  	
  1,433,421

  	
   

  	
  11/19/2004

  	
   

  	
  9

  	
  %

  
	
  A-18

  	
   

  	
  Vacant
  Land Adjacent to Morningside of Macon  

  6191 Peake Road
  

  Macon, GA 31220

  	
   

  	
  2006

  	
   

  	
  N/A

  	
   

  	
  11/19/2004

  	
   

  	
  9

  	
  %

  
	
  A-19

  	
   

  	
  Intentionally
  Deleted.

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  A-20

  	
   

  	
  Union
  Park Health Services
  

  2401 East 8th Street  

  Des Moines, IA 50316

  	
   

  	
  2005

  	
   

  	
  $

  	
  4,404,678

  	
   

  	
  12/31/2001

  	
   

  	
  10

  	
  %

  
	
  A-21

  	
   

  	
  Park Place  

  114 East Green Street  

  Glenwood, IA 51534

  	
   

  	
  2005

  	
   

  	
  $

  	
  8,109,512

  	
   

  	
  12/31/2001

  	
   

  	
  10

  	
  %

  
	
  A-22

  	
   

  	
  Prairie
  Ridge Care & Rehabilitation  

  608 Prairie Street  

  Mediapolis, IA 52637

  	
   

  	
  2005

  	
   

  	
  $

  	
  3,234,505

  	
   

  	
  12/31/2001

  	
   

  	
  10

  	
  %

  
	
  A-23

  	
   

  	
  Ashwood
  Place  

  102 Leonardwood
  

  Frankfort, KY 40601

  	
   

  	
  2007

  	
   

  	
  $

  	
  1,769,726

  	
   

  	
  09/01/2006

  	
   

  	
  8.25

  	
  %

  
	
  A-24

  	
   

  	
  Somerford
  Place - Annapolis  

  2717 Riva Road
  

  Annapolis, MD 21401

  	
   

  	
  2009

  	
   

  	
  N/A

  	
   

  	
  03/31/2008

  	
   

  	
  8

  	
  %

  
	
  A-25

  	
   

  	
  Somerford
  Place - Columbia  

  8220 Snowden River Parkway  

  Columbia, MD 21045

  	
   

  	
  2009

  	
   

  	
  N/A

  	
   

  	
  03/31/2008

  	
   

  	
  8

  	
  %

  
	
  A-26

  	
   

  	
  Somerford
  Place - Frederick  

  2100 Whittier Drive  

  Frederick, MD 21702

  	
   

  	
  2009

  	
   

  	
  N/A

  	
   

  	
  03/31/2008

  	
   

  	
  8

  	
  %

  



 

















 


	
  Exhibit

  	
   

  	
  Property Address

  	
   

  	
  Base Gross

  Revenues

  (Calendar

  Year)

  	
   

  	
  Base Gross

  Revenues

  (Dollar Amount)

  	
   

  	
  Commencement

  Date

  	
   

  	
  Interest

  Rate

  	
   

  
	
  A-27

  	
   

  	
  Somerford
  Place - Hagerstown  

  10114 & 10116 Sharpsburg Pike  

  Hagerstown, MD 21740

  	
   

  	
  2009

  	
   

  	
  N/A

  	
   

  	
  03/31/2008

  	
   

  	
  8

  	
  %

  
	
  A-28

  	
   

  	
  The
  Wellstead of Rogers
  

  20500 and 20600
  

  South Diamond Lake Road  

  Rogers, MN 55374

  	
   

  	
  2009

  	
   

  	
  N/A

  	
   

  	
  03/01/2008

  	
   

  	
  8

  	
  %

  
	
  A-29

  	
   

  	
  Arbor
  View Healthcare & Rehabilitation (aka Beverly Manor)

  1317 North 36th St  

  St. Joseph, MO 64506

  	
   

  	
  2005

  	
   

  	
  $

  	
  4,339,882

  	
   

  	
  12/31/2001

  	
   

  	
  10

  	
  %

  
	
  A-30

  	
   

  	
  Hermitage
  Gardens of Oxford  

  1488 Belk Boulevard  

  Oxford, MS 38655

  	
   

  	
  2007

  	
   

  	
  $

  	
  1,816,315

  	
   

  	
  10/01/2006

  	
   

  	
  8.25

  	
  %

  
	
  A-31

  	
   

  	
  Hermitage
  Gardens of Southaven
  

  108 Clarington Drive  

  Southaven, MS 38671

  	
   

  	
  2007

  	
   

  	
  $

  	
  1,527,068

  	
   

  	
  10/01/2006

  	
   

  	
  8.25

  	
  %

  
	
  A-32

  	
   

  	
  Ashland
  Care Center  

  1700 Furnace Street  

  Ashland, NE 68003

  	
   

  	
  2005

  	
   

  	
  $

  	
  4,513,891

  	
   

  	
  12/31/2001

  	
   

  	
  10

  	
  %

  
	
  A-33

  	
   

  	
  Blue Hill Care Center  

  414 North Wilson Street  

  Blue Hill, NE 68930

  	
   

  	
  2005

  	
   

  	
  $

  	
  2,284,065

  	
   

  	
  12/31/2001

  	
   

  	
  10

  	
  %

  
	
  A-34

  	
   

  	
  Central City Care Center  

  2720 South 17th Avenue  

  Central City, NE 68462

  	
   

  	
  2005

  	
   

  	
  $

  	
  2,005,732

  	
   

  	
  12/31/2001

  	
   

  	
  10

  	
  %

  
	
  A-35

  	
   

  	
  Rose
  Brook Care Center  

  106 5th Street  

  Edgar, NE 68935

  	
   

  	
  2005

  	
   

  	
  $

  	
  1,862,074

  	
   

  	
  12/31/2001

  	
   

  	
  10

  	
  %

  
	
  A-36

  	
   

  	
  Gretna
  Community Living Center  

  700 South Highway 6  

  Gretna, NE 68028

  	
   

  	
  2005

  	
   

  	
  $

  	
  3,380,356

  	
   

  	
  12/31/2001

  	
   

  	
  10

  	
  %

  
	
  A-37

  	
   

  	
  Sutherland
  Care Center  

  333 Maple Street  

  Sutherland, NE 69165

  	
   

  	
  2005

  	
   

  	
  $

  	
  2,537,340

  	
   

  	
  12/31/2001

  	
   

  	
  10

  	
  %

  
	
  A-38

  	
   

  	
  Waverly Care Center  

  11041 North 137th Street  

  Waverly, NE 68462

  	
   

  	
  2005

  	
   

  	
  $

  	
  3,066,135

  	
   

  	
  12/31/2001

  	
   

  	
  10

  	
  %

  
	
  A-39

  	
   

  	
  Rolling Hills Manor  

  600 Newport Drive  

  Baldwin, PA 15234

  	
   

  	
  2006

  	
   

  	
  $

  	
  1,791,274

  	
   

  	
  10/31/2005

  	
   

  	
  9

  	
  %

  
	
  A-40

  	
   

  	
  Ridgepointe  

  5301 Brownsville Road  

  Pittsburgh, PA 15236

  	
   

  	
  2006

  	
   

  	
  $

  	
  1,944,499

  	
   

  	
  10/31/2005

  	
   

  	
  9

  	
  %

  
	
  A-41

  	
   

  	
  Mount
  Vernon of South Park
  

  1400 Riggs Road
  

  South Park, PA 15129

  	
   

  	
  2006

  	
   

  	
  $

  	
  2,718,057

  	
   

  	
  10/31/2005

  	
   

  	
  9

  	
  %

  
	
  A-42

  	
   

  	
  Morningside
  of Gallatin  

  1085 Hartsville Pike  

  Gallatin, TN 37066

  	
   

  	
  2006

  	
   

  	
  $

  	
  1,343,801

  	
   

  	
  11/19/2004

  	
   

  	
  9

  	
  %

  



 

















 


	
  Exhibit

  	
   

  	
  Property Address

  	
   

  	
  Base Gross

  Revenues

  (Calendar

  Year)

  	
   

  	
  Base Gross

  Revenues

  (Dollar Amount)

  	
   

  	
  Commencement

  Date

  	
   

  	
  Interest

  Rate

  	
   

  
	
  A-43

  	
   

  	
  Walking
  Horse Meadows  

  207 Uffelman Drive  

  Clarksville, TN 37043

  	
   

  	
  2007

  	
   

  	
  $

  	
  1,471,410

  	
   

  	
  01/01/2007

  	
   

  	
  8.25

  	
  %

  
	
  A-44

  	
   

  	
  Morningside
  of Belmont  

  1710 Magnolia Boulevard  

  Nashville, TN 37212

  	
   

  	
  2006

  	
   

  	
  $

  	
  3,131,648

  	
   

  	
  06/03/2005

  	
   

  	
  9

  	
  %

  
	
  A-45

  	
   

  	
  Dominion Village at Chesapeake  

  2856 Forehand Drive  

  Chesapeake, VA 23323

  	
   

  	
  2005

  	
   

  	
  $

  	
  1,416,951

  	
   

  	
  05/30/2003

  	
   

  	
  10

  	
  %

  
	
  A-46

  	
   

  	
  Dominion Village at Williamsburg  

  4132 Longhill Road  

  Williamsburg, VA 23188

  	
   

  	
  2005

  	
   

  	
  $

  	
  1,692,753

  	
   

  	
  05/30/2003

  	
   

  	
  10

  	
  %

  
	
  A-47

  	
   

  	
  Heartfields
  at Richmond  

  500 North Allen Avenue  

  Richmond, VA 23220

  	
   

  	
  2005

  	
   

  	
  $

  	
  1,917,765

  	
   

  	
  10/25/2002

  	
   

  	
  10

  	
  %

  
	
  A-48

  	
   

  	
  Brookfield
  Rehabilitation and Specialty Care (aka Woodland Healthcare Center)  

  18741 West Bluemound Road  

  Brookfield, WI 53045

  	
   

  	
  2005

  	
   

  	
  $

  	
  13,028,846

  	
   

  	
  12/31/2001

  	
   

  	
  10

  	
  %

  
	
  A-49

  	
   

  	
  Meadowmere
  - 

  Southport Assisted Living  

  8350 and 8351 Sheridan Road  

  Kenosha, WI 53143

  	
   

  	
  2009

  	
   

  	
  N/A

  	
   

  	
  01/04/2008

  	
   

  	
  8

  	
  %

  
	
  A-50

  	
   

  	
  Meadowmere
  - 

  Madison Assisted Living  

  5601 Burke Road
  

  Madison, WI 53718

  	
   

  	
  2009

  	
   

  	
  N/A

  	
   

  	
  01/04/2008

  	
   

  	
  8

  	
  %

  
	
  A-51

  	
   

  	
  Sunny
  Hill Health Care Center  

  4325 Nakoma Road  

  Madison, WI 53711

  	
   

  	
  2005

  	
   

  	
  $

  	
  3,237,633

  	
   

  	
  12/31/2001

  	
   

  	
  10

  	
  %

  
	
  A-52

  	
   

  	
  Mitchell
  Manor Senior Living
  

  5301 West Lincoln Avenue  

  West Allis, WI 53219

  	
   

  	
  2009

  	
   

  	
  N/A

  	
   

  	
  01/04/2008

  	
   

  	
  8

  	
  %

  
	
  A-53

  	
   

  	
  Laramie
  Care Center  

  503 South 18th Street  

  Laramie, WY 82070

  	
   

  	
  2005

  	
   

  	
  $

  	
  4,473,949

  	
   

  	
  12/31/2001

  	
   

  	
  10

  	
  %

  
	
  A-54

  	
   

  	
  Haven
  in Highland Creek  

  5920 McChesney Drive 

  Charlotte, NC 28269
  



  Laurels
  in Highland Creek 

  6101 Clark Creek Parkway  

  Charlotte, NC 28269

  	
   

  	
  2010

  	
   

  	
  N/A

  	
   

  	
  11/17/2009

  	
   

  	
  8.75

  	
  %

  



 

















 


	
  Exhibit

  	
   

  	
  Property Address

  	
   

  	
  Base Gross

  Revenues

  (Calendar

  Year)

  	
   

  	
  Base Gross

  Revenues

  (Dollar Amount)

  	
   

  	
  Commencement

  Date

  	
   

  	
  Interest

  Rate

  	
   

  
	
  A-55

  	
   

  	
  Haven
  in the Village at Carolina Place  

  13150 Dorman Road 

  Pineville, NC 28134
  



  Laurels
  in the Village at Carolina Place  

  13180 Dorman Road 

  Pineville, NC 28134

  	
   

  	
  2010

  	
   

  	
  N/A

  	
   

  	
  11/17/2009

  	
   

  	
  8.75

  	
  %

  
	
  A-56

  	
   

  	
  Haven
  in the Summit  

  3 Summit Terrace 

  Columbia, SC 29229

  	
   

  	
  2010

  	
   

  	
  N/A

  	
   

  	
  11/17/2009

  	
   

  	
  8.75

  	
  %

  
	
  A-57

  	
   

  	
  Haven
  in the Village at Chanticleer 

  355 Berkmans Lane 

  Greenville, SC 29605

  	
   

  	
  2010

  	
   

  	
  N/A

  	
   

  	
  11/17/2009

  	
   

  	
  8.75

  	
  %

  
	
  A-58

  	
   

  	
  Haven
  in the Texas Hill Country 

  747 Alpine Drive 

  Kerrville, TX 78028

  	
   

  	
  2010

  	
   

  	
  N/A

  	
   

  	
  11/17/2009

  	
   

  	
  8.75

  	
  %

  
	
  A-59

  	
   

  	
  Haven
  in Stone Oak 

  511 Knights Cross Drive  

  San Antonio, TX 78258  



  Laurels
  in Stone Oak  

  575 Knights Cross Drive 

  San Antonio, TX 78258

  	
   

  	
  2010

  	
   

  	
  N/A

  	
   

  	
  11/17/2009

  	
   

  	
  8.75

  	
  %