Document:

Exhibit 10.1

 

PARTIAL TERMINATION OF AND TWELFTH AMENDMENT TO
 AMENDED AND RESTATED MASTER LEASE AGREEMENT
 (LEASE NO. 1)

 

THIS PARTIAL TERMINATION OF AND TWELFTH AMENDMENT TO AMENDED AND RESTATED MASTER LEASE AGREEMENT (LEASE NO. 1) (this “Amendment”) is made and entered into as of October 31, 2014 by and among each of the parties identified on the signature pages hereof as a landlord (collectively, “Landlord”) and each of the parties identified on the signature pages hereof as a tenant (jointly and severally, “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, that certain Second Amendment to Amended and Restated Master Lease Agreement (Lease No. 1), dated as of November 17, 2009, that certain Third Amendment to Amended and Restated Master Lease Agreement (Lease No. 1), dated as of December 10, 2009, that certain Partial Termination of and Fourth Amendment to Amended and Restated Master Lease Agreement (Lease No. 1), dated as of August 1, 2010, that certain Fifth Amendment to Amended and Restated Master Lease Agreement (Lease No. 1), dated as of May 1, 2011, that certain Partial Termination of and Sixth Amendment to Amended and Restated Master Lease Agreement (Lease No. 1), dated as of June 1, 2011, that certain Seventh Amendment to Amended and Restated Master Lease Agreement (Lease No. 1), dated as of June 20, 2011, that certain Eighth Amendment to Amended and Restated Master Lease Agreement (Lease No. 1), dated as of August 31, 2012, that certain Partial Termination of and Ninth Amendment to Amended and Restated Master Lease Agreement (Lease No. 1), dated as of August 1, 2013, that certain Partial Termination of and Tenth Amendment to Amended and Restated Master Lease Agreement (Lease No. 1), dated as of January 22, 2014, and that certain Partial Termination of and Eleventh Amendment to Amended and Restated Master Lease Agreement (Lease No. 1), dated as of October 1, 2014 (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, simultaneously herewith, SPTMNR Properties Trust is selling a portion of the Leased Property consisting of the real property and related improvements known as (i) La Mesa Healthcare Center and located at 2470 S. Arizona Avenue, Yuma, Arizona, as more particularly described on Exhibit A-1 to Amended Lease No. 1 (the “La Mesa Property”), and (ii) Sunquest Village of Yuma and located at 265 E. 24th Street, Yuma, Arizona, as more particularly described on Exhibit A-2 to Amended Lease No. 1 (the “Sunquest Property” and together with the La Mesa Property, collectively, the “Yuma Properties”); and

 

WHEREAS, in connection with the foregoing, SPTMNR Properties Trust and the other entities comprising Landlord and Five Star Quality Care Trust and the other entities comprising Tenant wish to amend Amended Lease No. 1 to terminate Amended Lease No. 1 with respect to the Yuma 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.             Partial Termination of Amended Lease No. 1.  Amended Lease No. 1 is terminated with respect to the Yuma Properties and neither Landlord nor Tenant shall have any further rights or liabilities thereunder with respect to the Yuma Properties from and after the date hereof, except for those rights and liabilities which by their terms survive the termination of Amended Lease No. 1.

 

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

 

“Minimum Rent”  shall mean the sum of Fifty Eight Million Four Hundred Forty-Five Thousand Twenty-Four and 19/100 Dollars ($58,445,024.19) per annum.

 

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

 

4.             Exhibit A.  Exhibit A to Amended Lease No. 1 is amended by (a) deleting the text of Exhibit A-1 and Exhibit A-2 attached thereto in their entirety and replacing each with “Intentionally Deleted”.

 

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

 

[Remainder of page intentionally left blank; signature pages follow]

 

 

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
    
	
 
    	
SPTMNR   PROPERTIES TRUST
    
	
 
    	
SNH/LTA   PROPERTIES TRUST
    
	
 
    	
SPTIHS   PROPERTIES TRUST
    
	
 
    	
SNH   CHS PROPERTIES TRUST
    
	
 
    	
SNH/LTA   PROPERTIES GA LLC
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   David J. Hegarty
    
	
 
    	
 
    	
David J. Hegarty
    
	
 
    	
 
    	
President of each of the foregoing entities
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
MSD — MACON, LLC
    
	
 
    	
MSD — BEAUFORT, LLC
    
	
 
    	
MSD — CAMDEN, LLC
    
	
 
    	
MSD — HARTSVILLE, LLC
    
	
 
    	
MSD — LEXINGTON, LLC
    
	
 
    	
MSD — ORANGEBURG, LLC
    
	
 
    	
MSD — SENECA, LLC
    
	
 
    	
MSD — CULLMAN, LLC
    
	
 
    	
MSD — MADISON, LLC
    
	
 
    	
MSD — SHEFFIELD, LLC
    
	
 
    	
MSD — BOWLING GREEN, LLC
    
	
 
    	
MSD — PADUCAH, LLC
    
	
 
    	
MSD — CONYERS, LLC
    
	
 
    	
MSD — GAINESVILLE, LLC
    
	
 
    	
MSD — CLEVELAND, LLC
    
	
 
    	
MSD — COOKEVILLE, LLC
    
	
 
    	
MSD — JACKSON, LLC
    
	
 
    	
MSD — KNOXVILLE, LLC
    
	
 
    	
MSD — FRANKLIN, LLC
    
	
 
    	
MSD — HOPKINSVILLE, LLC
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   David J. Hegarty
    
	
 
    	
 
    	
David J. Hegarty
    
	
 
    	
 
    	
President of each of the foregoing entities
    

 

[Signature Page: Partial Termination of and Twelfth Amendment to Amended and Restated Master Lease Agreement (Lease No. 1)]

 

 

	
 
    	
TENANT:
    
	
 
    	
 
    
	
 
    	
FIVE   STAR QUALITY CARE TRUST
    
	
 
    	
MORNINGSIDE OF KNOXVILLE, LLC
    
	
 
    	
MORNINGSIDE OF FRANKLIN, LLC
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   Bruce J. Mackey Jr.
    
	
 
    	
 
    	
Bruce J. Mackey Jr.
    
	
 
    	
 
    	
President of each of the foregoing entities
    
	
 
    	
 
    
	
 
    	
MORNINGSIDE OF MACON, LLC
    
	
 
    	
MORNINGSIDE OF SENECA, L.P.
    
	
 
    	
MORNINGSIDE OF HOPKINSVILLE, LIMITED PARTNERSHIP
    
	
 
    	
 
    
	
 
    	
By:
    	
LIFETRUST AMERICA, INC.,
    
	
 
    	
 
    	
a Tennessee corporation, its General   Partner/Member (as applicable)
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
By:
    	
/s/   Bruce J. Mackey Jr.
    
	
 
    	
 
    	
 
    	
Bruce J. Mackey Jr.
    
	
 
    	
 
    	
 
    	
President and Chief Executive Officer
    
	
 
    	
 
    
	
 
    	
MORNINGSIDE OF BEAUFORT, LLC
    
	
 
    	
MORNINGSIDE OF CAMDEN, LLC
    
	
 
    	
MORNINGSIDE OF HARTSVILLE, LLC
    
	
 
    	
MORNINGSIDE OF LEXINGTON, LLC
    
	
 
    	
MORNINGSIDE OF ORANGEBURG, LLC
    
	
 
    	
 
    
	
 
    	
By:
    	
MORNINGSIDE OF SOUTH CAROLINA, L.P., a Delaware   limited partnership, its Sole Member
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
By:
    	
LIFETRUST AMERICA, INC.,
    
	
 
    	
 
    	
 
    	
a Tennessee corporation, its General Partner
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
By:
    	
/s/   Bruce J. Mackey Jr.
    
	
 
    	
 
    	
 
    	
 
    	
Bruce J. Mackey Jr.
    
	
 
    	
 
    	
 
    	
 
    	
President and Chief Executive Officer
    
						

 

[Signature Page: Partial Termination of and Twelfth Amendment to Amended and Restated Master Lease Agreement (Lease No. 1)]

 

 

	
 
    	
MORNINGSIDE OF CULLMAN, LLC
    
	
 
    	
MORNINGSIDE OF MADISON, LLC
    
	
 
    	
MORNINGSIDE OF SHEFFIELD, LLC
    
	
 
    	
 
    
	
 
    	
By: 
    	
MORNINGSIDE OF ALABAMA, L.P., a Delaware limited   partnership, its Sole Member
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
By:
    	
LIFETRUST AMERICA, INC.,
    
	
 
    	
 
    	
 
    	
a Tennessee corporation, its General Partner
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
By:
    	
/s/   Bruce J. Mackey Jr.
    
	
 
    	
 
    	
 
    	
 
    	
Bruce J. Mackey Jr.
    
	
 
    	
 
    	
 
    	
 
    	
President and Chief Executive
    
	
 
    	
 
    	
 
    	
 
    	
Officer
    
	
 
    	
 
    
	
 
    	
MORNINGSIDE OF BOWLING GREEN, LLC
    
	
 
    	
MORNINGSIDE OF PADUCAH, LLC
    
	
 
    	
 
    
	
 
    	
By:
    	
MORNINGSIDE OF KENTUCKY, LIMITED PARTNERSHIP, a   Delaware limited partnership, its Sole Member
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
By:
    	
LIFETRUST AMERICA, INC.,
    
	
 
    	
 
    	
 
    	
a Tennessee corporation, its General Partner
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
By:
    	
/s/   Bruce J. Mackey Jr.
    
	
 
    	
 
    	
 
    	
 
    	
Bruce J. Mackey Jr.
    
	
 
    	
 
    	
 
    	
 
    	
President and Chief Executive Officer
    

 

[Signature Page: Partial Termination of and Twelfth Amendment to Amended and Restated Master Lease Agreement (Lease No. 1)]

 

 

	
 
    	
MORNINGSIDE OF CONYERS, LLC
    
	
 
    	
MORNINGSIDE OF GAINESVILLE, LLC
    
	
 
    	
 
    
	
 
    	
By:
    	
MORNINGSIDE OF GEORGIA, L.P., a Delaware limited   partnership, its Sole Member
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
By:
    	
LIFETRUST AMERICA, INC.,
    
	
 
    	
 
    	
 
    	
a Tennessee corporation, its General Partner
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
By:
    	
/s/   Bruce J. Mackey Jr.
    
	
 
    	
 
    	
 
    	
 
    	
Bruce J. Mackey Jr.
    
	
 
    	
 
    	
 
    	
 
    	
President and Chief Executive Officer
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
MORNINGSIDE OF CLEVELAND, LLC
    
	
 
    	
MORNINGSIDE OF COOKEVILLE, LLC
    
	
 
    	
MORNINGSIDE OF JACKSON, LLC
    
	
 
    	
 
    
	
 
    	
By:
    	
MORNINGSIDE OF TENNESSEE, LLC, a Delaware limited   liability company, its Sole Member
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
By:
    	
/s/   Bruce J. Mackey Jr.
    
	
 
    	
 
    	
 
    	
Bruce J. Mackey Jr.
    
	
 
    	
 
    	
 
    	
President and Chief Executive Officer
    
						

 

[Signature Page: Partial Termination of and Twelfth Amendment to Amended and Restated Master Lease Agreement (Lease No. 1)]

 

 

SCHEDULE 1

 

PROPERTY-SPECIFIC INFORMATION

 

	
Exhibit
    	
 
    	
Property Address
    	
 
    	
Base Gross Revenues
   (Calendar Year)
    	
 
    	
Base Gross Revenues
   (Dollar Amount)
    	
 
    	
Commencement
   Date
    	
 
    	
Interest
   Rate
    	
 
    
	
A-1
    	
 
    	
Intentionally   Deleted.
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-2
    	
 
    	
Intentionally   Deleted.
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-3
    	
 
    	
Somerford   Place - Encinitas

1350   South El Camino Real

Encinitas,   CA 92024
    	
 
    	
2009
    	
 
    	
$
    	
3,092,467
    	
 
    	
03/31/2008
    	
 
    	
8
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-4
    	
 
    	
Somerford   Place - Fresno

6075   North Marks Avenue

Fresno,   CA 93711
    	
 
    	
2009
    	
 
    	
$
    	
3,424,896
    	
 
    	
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
    	
 
    	
$
    	
3,065,084
    	
 
    	
03/31/2008
    	
 
    	
8
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-7
    	
 
    	
Somerford   Place - Roseville

110   Sterling Court

Roseville,   CA 95661
    	
 
    	
2009
    	
 
    	
$
    	
2,802,082
    	
 
    	
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
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-12
    	
 
    	
Somerford   House and Somerford Place – Newark I & II

501   South Harmony Road and

4175   Ogletown Road

Newark,   DE 19713
    	
 
    	
2009
    	
 
    	
$
    	
6,341,636
    	
 
    	
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
    	
 
    	
Intentionally   Deleted.
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
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
    	
%
    

 

 

	
Exhibit
    	
 
    	
Property Address
    	
 
    	
Base Gross Revenues
   (Calendar Year)
    	
 
    	
Base Gross Revenues
   (Dollar Amount)
    	
 
    	
Commencement
   Date
    	
 
    	
Interest
   Rate
    	
 
    
	
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.
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
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
    	
 
    	
$
    	
3,917,902
    	
 
    	
03/31/2008
    	
 
    	
8
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-25
    	
 
    	
Somerford   Place - Columbia

8220   Snowden River Parkway

Columbia,   MD 21045
    	
 
    	
2009
    	
 
    	
$
    	
3,221,426
    	
 
    	
03/31/2008
    	
 
    	
8
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-26
    	
 
    	
Somerford   Place - Frederick

2100   Whittier Drive

Frederick,   MD 21702
    	
 
    	
2009
    	
 
    	
$
    	
5,088,592
    	
 
    	
03/31/2008
    	
 
    	
8
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-27
    	
 
    	
Somerford   Place - Hagerstown

10114 &   10116 Sharpsburg Pike

Hagerstown,   MD 21740
    	
 
    	
2009
    	
 
    	
$
    	
4,066,761
    	
 
    	
03/31/2008
    	
 
    	
8
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-28
    	
 
    	
The   Wellstead of Rogers

20500   and 20600

South Diamond Lake Road

Rogers,   MN 55374
    	
 
    	
2009
    	
 
    	
$
    	
12,646,616
    	
 
    	
03/01/2008
    	
 
    	
8
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-29
    	
 
    	
Intentionally   Deleted.
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
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
    	
 
    	
Intentionally   deleted.
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-36
    	
 
    	
Gretna   Community Living Center

700   South Highway 6

Gretna,   NE 68028
    	
 
    	
2005
    	
 
    	
$
    	
3,380,356
    	
 
    	
12/31/2001
    	
 
    	
10
    	
%
    

 

 

	
Exhibit
    	
 
    	
Property Address
    	
 
    	
Base Gross Revenues
   (Calendar Year)
    	
 
    	
Base Gross Revenues
   (Dollar Amount)
    	
 
    	
Commencement
   Date
    	
 
    	
Interest
   Rate
    	
 
    
	
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
    	
 
    	
Intentionally   deleted.
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
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
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
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
    	
 
    	
Intentionally   Omitted
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
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
    	
 
    	
$
    	
2,170,645
    	
 
    	
01/04/2008
    	
 
    	
8
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-50
    	
 
    	
Meadowmere   - 

Madison Assisted Living

5601   Burke Road

Madison,   WI 53718
    	
 
    	
2009
    	
 
    	
$
    	
2,136,654
    	
 
    	
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
    	
 
    	
$
    	
12,348,104
    	
 
    	
01/04/2008
    	
 
    	
8
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-53
    	
 
    	
Laramie   Care Center

503   South 18th Street

Laramie,   WY 82070
    	
 
    	
2005
    	
 
    	
$
    	
4,473,949
    	
 
    	
12/31/2001
    	
 
    	
10
    	
%
    

 

 

	
Exhibit
    	
 
    	
Property Address
    	
 
    	
Base Gross Revenues
   (Calendar Year)
    	
 
    	
Base Gross Revenues
   (Dollar Amount)
    	
 
    	
Commencement
   Date
    	
 
    	
Interest
   Rate
    	
 
    
	
A-54
    	
 
    	
Haven   in Highland Creek

5920   McChesney Drive

Charlotte,   NC 28269

 

Laurels   in Highland Creek

6101   Clark Creek Parkway

Charlotte,   NC 28269
    	
 
    	
2010
    	
 
    	
$
    	
6,454,157
    	
 
    	
11/17/2009
    	
 
    	
8.75
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
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
    	
 
    	
$
    	
7,052,425
    	
 
    	
11/17/2009
    	
 
    	
8.75
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-56
    	
 
    	
Haven   in the Summit

3   Summit Terrace

Columbia,   SC 29229
    	
 
    	
2010
    	
 
    	
$
    	
2,308,737
    	
 
    	
11/17/2009
    	
 
    	
8.75
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-57
    	
 
    	
Haven in the Village at Chanticleer 

355   Berkmans Lane

Greenville,   SC 29605
    	
 
    	
2010
    	
 
    	
$
    	
2,197,919
    	
 
    	
11/17/2009
    	
 
    	
8.75
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-58
    	
 
    	
Intentionally   Deleted
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
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
    	
 
    	
$
    	
6,584,027
    	
 
    	
11/17/2009
    	
 
    	
8.75
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-60
    	
 
    	
Eastside Gardens

2078 Scenic Highway North

Snellville, GA 30078
    	
 
    	
2010
    	
 
    	
$
    	
1,766,628
    	
 
    	
12/10/2009
    	
 
    	
8.75
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-61
    	
 
    	
Crimson Pointe

7130 Crimson Ridge Drive

Rockford, IL 61107
    	
 
    	
2012
    	
 
    	
$
    	
2,568,827
    	
 
    	
05/01/2011
    	
 
    	
8
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-62
    	
 
    	
Talbot Park

6311 Granby Street

Norfolk, VA 23305
    	
 
    	
2012
    	
 
    	
$
    	
3,866,871
    	
 
    	
06/20/2011
    	
 
    	
7.5
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-63
    	
 
    	
The Landing at Parkwood Village

1720 Parkwood Boulevard

Wilson, NC 27893
    	
 
    	
2012
    	
 
    	
$
    	
4,318,990
    	
 
    	
06/20/2011
    	
 
    	
7.5
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-64
    	
 
    	
Aspenwood

14400 Homecrest Road Silver Spring, MD 20906
    	
 
    	
2005
    	
 
    	
$
    	
4,470,354
    	
 
    	
10/25/2002
    	
 
    	
10
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-65
    	
 
    	
HeartFields at Easton

700 Port Street

Easton, MD 21601
    	
 
    	
2005
    	
 
    	
$
    	
2,545,887
    	
 
    	
10/25/2002
    	
 
    	
10
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-66
    	
 
    	
Morningside of Macon

6191 Peake Road

Macon, GA 31220
    	
 
    	
2006
    	
 
    	
$
    	
1,298,541
    	
 
    	
11/19/2004
    	
 
    	
9
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-67
    	
 
    	
Morningside of Beaufort

109 Old Salem Road

Beaufort, SC 29902
    	
 
    	
2006
    	
 
    	
$
    	
1,337,453
    	
 
    	
11/19/2004
    	
 
    	
9
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-68
    	
 
    	
Morningside of Camden

719 Kershaw Highway

Camden, SC 29020
    	
 
    	
2006
    	
 
    	
$
    	
1,595,035
    	
 
    	
11/19/2004
    	
 
    	
9
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-69
    	
 
    	
Morningside of Hartsville
    	
 
    	
2006
    	
 
    	
$
    	
1,507,131
    	
 
    	
11/19/2004
    	
 
    	
9
    	
%
    

 

 

	
Exhibit
    	
 
    	
Property Address
    	
 
    	
Base Gross Revenues
   (Calendar Year)
    	
 
    	
Base Gross Revenues
   (Dollar Amount)
    	
 
    	
Commencement
   Date
    	
 
    	
Interest
   Rate
    	
 
    
	
 
    	
 
    	
1901 West Carolina Avenue

Hartsville, SC 29550
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-70
    	
 
    	
Morningside of Lexington

218 Old Chapin Road

Lexington, SC 29072
    	
 
    	
2006
    	
 
    	
$
    	
1,638,422
    	
 
    	
11/19/2004
    	
 
    	
9
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-71
    	
 
    	
Morningside of Orangeburg

2306 Riverbank Drive

Orangeburg, SC 29118
    	
 
    	
2006
    	
 
    	
$
    	
1,129,764
    	
 
    	
11/19/2004
    	
 
    	
9
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-72
    	
 
    	
Morningside of Seneca

15855 Wells Highway

Seneca, SC 29678
    	
 
    	
2006
    	
 
    	
$
    	
1,684,477
    	
 
    	
11/19/2004
    	
 
    	
9
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-73
    	
 
    	
Morningside of Cullman

2021 Dahlke Dr. NE

Cullman, AL 32058
    	
 
    	
2006
    	
 
    	
$
    	
1,413,633
    	
 
    	
11/19/2004
    	
 
    	
9
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-74
    	
 
    	
Morningside of Madison

49 Hughes Road

Madison, AL 35758
    	
 
    	
2006
    	
 
    	
$
    	
1,531,206
    	
 
    	
11/19/2004
    	
 
    	
9
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-75
    	
 
    	
Morningside of Sheffield

413 D. D. Cox Boulevard

Sheffield, AL 35660
    	
 
    	
2006
    	
 
    	
$
    	
1,495,038
    	
 
    	
11/19/2004
    	
 
    	
9
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-76
    	
 
    	
Morningside of Bowling Green

981 Campbell Lane

Bowling Green, KY 42104
    	
 
    	
2006
    	
 
    	
$
    	
1,458,781
    	
 
    	
11/19/2004
    	
 
    	
9
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-77
    	
 
    	
Morningside of Paducah

1700 Elmdale Road

Paducah, KY 42003
    	
 
    	
2006
    	
 
    	
$
    	
2,012,245
    	
 
    	
11/19/2004
    	
 
    	
9
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-78
    	
 
    	
Morningside of Conyers

1352 Wellbrook Circle

Conyers, GA 30012
    	
 
    	
2006
    	
 
    	
$
    	
1,646,910
    	
 
    	
11/19/2004
    	
 
    	
9
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-79
    	
 
    	
Morningside of Gainesville

2435 Limestone Parkway

Gainesville, GA 30501
    	
 
    	
2006
    	
 
    	
$
    	
1,453,250
    	
 
    	
11/19/2004
    	
 
    	
9
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-80
    	
 
    	
Morningside of Cleveland

2900 Westside Drive, N.W.

Cleveland, TN 37312
    	
 
    	
2006
    	
 
    	
$
    	
1,212,846
    	
 
    	
11/19/2004
    	
 
    	
9
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-81
    	
 
    	
Morningside of Cookeville

1010 East Spring Street

Cookeville, TN 38501
    	
 
    	
2006
    	
 
    	
$
    	
1,513,932
    	
 
    	
11/19/2004
    	
 
    	
9
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-82
    	
 
    	
Morningside of Jackson

1200 North Parkway

Jackson, TN 38305
    	
 
    	
2006
    	
 
    	
$
    	
1,787,155
    	
 
    	
11/19/2004
    	
 
    	
9
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-83
    	
 
    	
Williamsburg Villas

A Morningside Community

3020 Heatherton Way

Knoxville, TN 37920
    	
 
    	
2006
    	
 
    	
$
    	
2,728,841
    	
 
    	
11/19/2004
    	
 
    	
9
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-84
    	
 
    	
Morningside of Franklin

105 Sunrise Circle

Franklin, TN 37067
    	
 
    	
2006
    	
 
    	
$
    	
1,582,509
    	
 
    	
11/19/2004
    	
 
    	
9
    	
%
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
A-85
    	
 
    	
Morningside of Hopkinsville

4190 Lafayette Road

Hopkinsville, KY 42240
    	
 
    	
2006
    	
 
    	
$
    	
1,444,246
    	
 
    	
11/19/2004
    	
 
    	
9
    	
%Exhibit 10.2

 

ACCESSION AGREEMENT

 

THIS ACCESSION AGREEMENT, dated as of December 1, 2014, is entered into by SNH SE TENANT TRS, INC., a Maryland corporation (the “Company”).

 

RECITALS:

 

(a) The Company has entered into two separate Management Agreements with FVE Managers, Inc., a Maryland corporation (“Manager”), dated as of the date hereof, one with respect to that certain senior living facility known as Coventry Village and located at 7707 N. Brookline Drive, 7710 S. Brookline Drive and 7839, 7841, 7843, 7915, 7917-22 and 7924 Courtyard Drive, Madison, Wisconsin (“Coventry Village”), and the other with respect to that certain assisted living and memory care facility known as Jackson Crossings and located at N168 W22022 West Main Street, Jackson, Wisconsin (“Jackson Crossings”).

 

(b) Manager and the Company are parties to that certain Pooling Agreement No. 3, dated as of November 1, 2013, by and between the Manager and the Company (the “Pooling Agreement”). Capitalized terms used in this Accession Agreement without definition shall have the meanings given to such terms in the Pooling Agreement. 

 

(c) The Company desires to become a party to the Pooling Agreement with respect to Coventry Village and Jackson Crossings.

 

NOW, THEREFORE:

 

The Company hereby accedes and becomes a party to the Pooling Agreement with respect to Coventry Village and Jackson Crossings, each as an Additional Facility, agrees to be bound by the provisions of the Pooling Agreement with respect to Coventry Village and Jackson Crossings, and acknowledges that provisions of the Management Agreement will be superseded as provided therein, on and after the date first above written.

 

[Signature Page Follows]

 

IN WITNESS WHEREOF, this Accession Agreement has been duly executed and delivered by the Company with the intention of creating an instrument under seal.

 

	
 
    	
 
    	
COMPANY:
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
SNH   SE TENANT TRS, INC.,
    
	
 
    	
 
    	
a   Maryland corporation
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
By:
    	
/s/   Richard A. Doyle
    
	
 
    	
 
    	
 
    	
Richard   A. Doyle
    
	
 
    	
 
    	
 
    	
President
    
	
 
    	
 
    	
 
    	
 
    
	
ACCEPTED:
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
FVE   MANAGERS, INC.,
    	
 
    	
 
    
	
a   Maryland corporation
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
By:
    	
/s/   Bruce J. Mackey Jr.
    	
 
    	
 
    
	
 
    	
Bruce   J. Mackey Jr.
    	
 
    	
 
    
	
 
    	
President
    	
 
    	
 
    

 

[Signature Page: Accession Agreement]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00239-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00239-of-00352.parquet"}]]