Document:

<PAGE>   1
                                                                  EXHIBIT 10.3

             AMENDED SCHEDULE OF MORTGAGES AND SECURITY AGREEMENTS,
           SECURED PROMISSORY NOTES, AND GUARANTIES ("LOAN DOCUMENTS")
       WHICH ARE SUBSTANTIALLY IN THE FORM OF KEY CORPORATE CAPITAL, INC.
      LOAN DOCUMENTS ATTACHED AS EXHIBITS 10.116, 10.117 AND 10.118 TO THE
              REGISTRANT'S FORM 10-K FOR THE PERIOD ENDING 12/31/99

<TABLE>
<CAPTION>

             MORTGAGOR                      FACILITY NAME               LOCATION                MORTGAGE       DATE OF
             ---------                      -------------               --------                --------       -------
                                                                                                AMOUNT         MORTGAGE
                                                                                                ------         --------

<S>                               <C>                                   <C>                     <C>            <C>
  Ithaca Bundy Road, LLC          Alterra Clare Bridge Cottage of       101 Bundy Road          $3,325,800     3/17/99
                                  Ithaca                                Ithaca, NY
                                                                        14850-9252

  Ithaca Trumansburg Road, LLC    Alterra Sterling House of Ithaca      103 Bundy Road          $2,862,608     3/17/99
                                                                        Ithaca, NY
                                                                        14850-9252

  Niagara Nash Road, LLC          Alterra Sterling House of Niagara     6751 Nash Road          $3,420,000     10/20/99
                                                                        North Tonawanda, NY
                                                                        14120

  Niagara SC Wheatfield, LLC      Alterra Clare Bridge Cottage of       6741 Nash Road          $3,367,010     10/20/99
                                  Niagara                               North Tonawanda, NY
                                                                        14120

  Clinton Brookside Drive, LLC    Alterra Clare Bridge Cottage of       115 Brookside Drive     $3,300,000     1/14/00
                                  Clinton                               Clinton, NY  13323

  Glastonbury Fairway Crossing,   Alterra Clare Bridge of               1824 Manchester Road    $5,447,129     4/21/00
  LLC                             Glastonbury                           Glastonbury, CT

</TABLE><PAGE>   1
                                                                    Exhibit 10.4

                      FIRST AMENDMENT TO CREDIT AGREEMENT,

                      FIRST AMENDMENT TO GUARANTY AGREEMENT

                       AND SUSPENSION AND WAIVER AGREEMENT

      THIS FIRST AMENDMENT TO CREDIT AGREEMENT, FIRST AMENDMENT TO GUARANTY
AGREEMENT AND SUSPENSION AND WAIVER AGREEMENT (hereinafter, the "Agreement") is
entered into as of March 30, 2000 among the Borrowers party hereto, HCR/Alterra
Development, LLC, a Delaware limited liability company (the "Parent"), Alterra
Healthcare Corporation, a Delaware corporation ("Alterra"), Manor Care, Inc., a
Delaware corporation ("HCR"), Bank of America, N.A., as Administrative Agent (in
such capacity, the "Administrative Agent") and the Lenders. Capitalized terms
used herein and not otherwise defined herein shall have the respective meanings
given to them in the Credit Agreement.

                                    RECITALS
                                    --------

      WHEREAS, the Borrowers party thereto, the Parent, the Administrative
Agent, The Chase Manhattan Bank, as syndication agent, Deutsche Bank AG New York
and/or Cayman Islands Branches and Bank United, F.S.B., as co-agents and the
Lenders are parties to that certain Credit Agreement dated as of September 30,
1999 (as amended or modified from time to time, the "Credit Agreement");

      WHEREAS, Alterra entered into that certain Guaranty Agreement dated as of
September 30, 1999 in favor of the Administrative Agent, on behalf of the
Lenders (as amended or modified from time to time, the "Alterra Guaranty
Agreement") and HCR entered into that certain Guaranty Agreement dated as of
September 30, 1999 in favor of the Administrative Agent, on behalf of the
Lenders (the "HCR Guaranty Agreement");

      WHEREAS, Alterra advised the Administrative Agent that its initial
estimates indicated that the financial statements for the fourth (4th) quarter
of fiscal year 1999 and for the entirety of fiscal year 1999 (collectively, the
"1999 Financial Statements") may result in a failure of Alterra to comply with
(a) Section 4.9(a) and Section 4.9(b) of the Alterra Guaranty Agreement and (b)
certain financial covenants contained in those agreements identified on Schedule
1 attached hereto (such failures, collectively, the "Alterra Potential Covenant
Breaches");

      WHEREAS, Alterra further acknowledged that following delivery of the Final
1999 Financials as required by the Alterra Guaranty Agreement, if in fact the
1999 Financials actually result in the failure of Alterra to comply with (a)
Section 4.9(a) and Section 4.9(b) of the Alterra Guaranty Agreement and (b) with
certain financial covenants for the fiscal period ending December 31, 1999
contained in those agreements identified on Schedule 1 attached hereto, such
failures would constitute (or with notice, time or both, ripen into) Events of
Default under each of the Alterra Guaranty Agreement, the HCR Guaranty Agreement
and the Credit Agreement (such Events of Default, collectively, the "Actual
Breaches) (the Alterra Potential Covenant Breaches and the Actual Breaches may
be referred to collectively herein as the "Acknowledged Events of Default");
<PAGE>   2
      WHEREAS, subject to the terms and conditions of that certain Waiver
Agreement dated as of February 25, 2000 among the Borrowers party thereto, the
Parent, Alterra, HCR, Bank of America, N.A., as Administrative Agent and the
Lenders party thereto, the Lenders waived the Acknowledged Events of Default for
the period from December 31, 1999 through April 14, 2000 so long as the Tangible
Net Worth of Alterra and its Subsidiaries on a consolidated basis as of December
31, 1999 was not less than $90,000,000;

      WHEREAS, the Credit Parties have requested that the Lenders (a) suspend
the application of Sections 4.9(a) and 4.9(b) of the Alterra Guaranty Agreement
for the fourth (4th) fiscal quarter of 1999, (b) permanently waive the
Acknowledged Events of Default resulting from Alterra's failure to comply with
the financial covenants contained in those agreements referenced in Schedule 1
attached hereto, (c) continue to make available to the Pool A Borrowers the
Loans provided under the Credit Agreement and (d) amend certain terms of the
Alterra Guaranty Agreement as set forth herein;

      WHEREAS, the Lenders are willing to comply with the foregoing requests,
based upon and subject to the terms and conditions specified in this Agreement;

      WHEREAS, the parties hereto also wish to amend certain terms of the Credit
Agreement as more fully set forth below.

      NOW, THEREFORE, in consideration of the premises and other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:

      1. Reaffirmation of Existing Debt. The Credit Parties acknowledge and
confirm that (a) the Borrowers' obligations to repay the outstanding principal
amount of the Loans is unconditional and not subject to any offsets, defenses or
counterclaims, (b) the Administrative Agent, on behalf of the Lenders, has a
valid and enforceable first priority perfected security interest in the
Collateral, (c) the Administrative Agent and the Lenders have performed fully
all of their respective obligations under the Credit Agreement and the other
Credit Documents, and (d) by entering into this Agreement, the Administrative
Agent and the Lenders do not waive or release (except for the Suspension (as
defined below) and the Waiver (as defined below) contained herein) any term or
condition of the Credit Agreement or any of the other Credit Documents or any of
their rights or remedies under such Credit Documents or applicable law or any of
the obligations of any Credit Party thereunder.

      2. Suspension. Subject to the other terms and conditions of this
Agreement, the Lenders hereby (a) suspend the applicability of Sections 4.9(a)
and 4.9(b) of the Alterra Guaranty Agreement for the fourth (4th) fiscal quarter
of 1999 (the "Suspension") and (b) permanently waive the Acknowledged Events of
Default resulting from Alterra's failure to comply with the financial covenants
contained in those agreements referenced in Schedule 1 attached hereto (the
"Waiver"), such that the Acknowledged Events of Default are void and no longer
existing as of December 31, 1999. Except for the Suspension and Waiver contained
herein, this Agreement does not modify or affect the obligations of the Credit
Parties to comply fully with all terms, conditions and covenants contained in
the Credit Documents. The Suspension and Waiver contained herein is a one time
waiver and suspension and is limited to

                                       2
<PAGE>   3
the Suspension and Waiver specifically described herein, and nothing contained
in this Agreement shall be deemed to constitute a waiver or suspension of any
other rights or remedies the Administrative Agent or any Lender may have under
the Credit Agreement or any other Credit Document or under applicable law.

      3. Amendments to the Credit Agreement.

            (a) Revolving Committed Amount. The definition of "Revolving
      Committed Amount" set forth in Section 1.1 of the Credit Agreement is
      hereby amended and restated in its entirety to read as follows:

                  "Revolving Committed Amount" means Sixty Million Dollars
      ($60,000,000)(as such aggregate maximum amount may be reduced from time to
      time as provided in Section 3.4).

            (b) Section 7.1(d) of the Credit Agreement is hereby amended by
      deleting the reference to "Section 7.1(c)" in Section 7.1(d) of the Credit
      Agreement and replacing such reference with "Section 7.1(b)".

            (c) Schedule 2.1(a)(i). Schedule 2.1(a)(i) of the Credit Agreement
      is hereby amended and restated in its entirety to read as provided on
      Schedule 2.1(a)(i) attached hereto.

      4. Amendments to the Alterra Guaranty Agreement.

            (a) Amended Definition. The definition of "Tangible Net Worth" set
      forth in Section 1.1 of the Alterra Guaranty Agreement is hereby amended
      and restated in its entirety to read as follows:

                  "Tangible Net Worth" means, at any time, the sum of Net Worth
            (defined as shareholder's equity as defined by GAAP) before the
            $54,500,000 of charges taken by Alterra in fiscal year 1999 in
            connection with the termination of substantially all of Alterra's
            new construction and development activity and repurchase of joint
            venture interests less the total of (a) all assets which would be
            classified as intangible assets under GAAP, including without
            limitation, goodwill, trademarks, trademark applications, trade
            names, service marks, patent applications and licenses, and deferred
            charges, (b) pre-opening costs, organizational costs and deferred
            financing costs and (c) advances or loans made to or receivables
            from any unconsolidated Affiliates of which Alterra owns less than
            fifty percent (50%) or any stockholder of Alterra or any Affiliate.
            The deduction in (a) above shall be reduced to the extent of that
            goodwill in an amount not to exceed $25,000,000 which may result
            from Alterra's buyout of joint ventures interests after December 31,
            1999.

            (b) EBITDAR to Interest and Rent. Section 4.9(b) of the Alterra
      Guaranty Agreement is hereby amended and restated in its entirety to read
      as follows:

                                       3
<PAGE>   4
            (b)   Ratio of EBITDAR to Interest and Rent.

                  (i) Prior to Alterra's receiving gross proceeds of at least
            $100,000,000 from the issuance of (x) shares of its capital stock or
            (y) convertible debt securities of Alterra with a maturity of at
            least five years and no redemption, retirement, sinking fund or
            similar requirements and no cash interest payments for at least five
            years (the receipt of which shall be evidenced by a certificate
            delivered to the Administrative Agent in a form satisfactory to the
            Administrative Agent),

                  (A) During each of the periods noted below, the ratio of
                  EBITDAR to the sum of Interest plus Rent, measured quarterly
                  as of the last day of each fiscal quarter of the Consolidated
                  Parties shall be greater than or equal to:

<TABLE>
<CAPTION>
                  Period                                          Ratio
                  ------                                          -----

                  <S>                                            <C>
                  Fiscal Quarters ending March 31, 2000,
                  June 30, 2000 and September 30, 2000            0.80 to 1.0
</TABLE>

                  (B) During each of the periods noted below, as of the end of
                  each fiscal quarter of the Consolidated Parties, the ratio of
                  EBITDAR, for the twelve month period ending on such date, to
                  the sum of Interest plus Rent, for the twelve month period
                  ending on such date, shall be greater than or equal to:

<TABLE>
<CAPTION>
                  Period                                   Ratio
                  ------                                   -----

                  <S>                                      <C>
                  From October 1, 2000 to and
                  including December 31, 2000              0.90 to 1.0

                  From January 1, 2001 to and
                  including March 31, 2001                 1.0 to 1.0

                  From April 1, 2001 to and
                  including June 30, 2001                  1.10 to 1.0

                  From July 1, 2001 to and
                  including September 30, 2001             1.15 to 1.0

                  From October 1, 2001 to and
                  including December 31, 2001              1.20 to 1.0

                  From January 1, 2002 to and
                  including June 30, 2002                  1.35 to 1.0

                  From July 1, 2002 and thereafter         1.40 to 1.0
</TABLE>

                                       4
<PAGE>   5
                  (ii) After Alterra's receiving gross proceeds of at least
            $100,000,000 from the issuance of (x) shares of its capital stock or
            (y) convertible debt securities of Alterra, with a maturity of at
            least five years and no redemption, retirement, sinking fund or
            similar requirements and no cash interest payments for at least five
            years (the receipt of which shall be evidenced by a certificate
            delivered to the Administrative Agent in a form satisfactory to the
            Administrative Agent).

                  (A) During each of the periods noted below, the ratio of
                  EBITDAR to the sum of Interest plus Rent, measured quarterly
                  as of the last day of each fiscal quarter of the Consolidated
                  Parties shall be greater than or equal to:

<TABLE>
<CAPTION>
                  Period                                   Ratio
                  ------                                   -----

                 <S>                                       <C>
                  Fiscal Quarter ending
                  March 31, 2000                           0.65 to 1.0

                  Fiscal Quarters ending June 30,
                  2000 and September 30, 2000              0.80 to 1.0
</TABLE>

                  (B) During each of the periods noted below, as of the end of
                  each fiscal quarter of the Consolidated Parties, the ratio of
                  EBITDAR, for the twelve month period ending on such date, to
                  the sum of Interest plus Rent, for the twelve month period
                  ending on such date, shall be greater than or equal to:

<TABLE>
<CAPTION>
                  Period                                   Ratio
                  ------                                   -----
                  <S>                                      <C>
                  From October 1, 2000 to and
                  Including December 31, 2000              0.85 to 1.0

                  From January 1, 2001 to and
                  Including March 31, 2001                 0.95 to 1.0

                  From April 1, 2001 to and
                  Including June 30, 2001                  1.0 to 1.0

                  From July 1, 2001 to and
                  Including September 30, 2001             1.10 to 1.0

                  From October 1, 2001 to and
                  Including December 31, 2001              1.15 to 1.0

                  From January 1, 2002 to and
                  Including March 31, 2002                 1.20 to 1.0

</TABLE>

                                       5
<PAGE>   6
<TABLE>
                  <S>                                      <C>
                  From April 1, 2002 and thereafter        1.25 to 1.0
</TABLE>

      5. Conditions Precedent. The effectiveness of this Agreement is subject to
the satisfaction of each of the following conditions (in form and substance
satisfactory to the Administrative Agent):

            (a) The Administrative Agent shall have received executed
      counterparts of this Agreement duly executed by the Credit Parties, the
      Administrative Agent and the Required Lenders.

            (b) The Administrative Agent shall have received satisfactory
      evidence that the lenders party to each of the agreements identified on
      Schedule 1 attached hereto shall have waived any and all defaults and
      events of default arising from Alterra's failure to comply with the
      financial covenants contained in such agreements.

            (c) Copy of the resolution (in form and substance satisfactory to
      the Administrative Agent) of the Parent, as general partner of each of the
      Pool A Borrowers, authorizing each of the Pool A Borrowers to execute and
      deliver this Agreement, certified by the co-secretaries of the Parent to
      be true and correct and in force and effect as of the date hereof.

            (d) Each Lender that executes this Agreement and delivers its
      signature page to this Agreement to the Administrative Agent on or before
      5:00 p.m., Eastern time, on March 28, 2000 shall have received an
      amendment fee in an amount equal to 0.125% of the Revolving Commitment of
      such Lender (prior to the effectiveness of this Agreement).

            (e) Payment by the Credit Parties of all legal fees and expenses of
      the Administrative Agent contained in those certain invoices provided to
      the Credit Parties as of the date hereof.

            (f) The Administrative Agent shall have received such other
      documents and information as it deems reasonably necessary.

      6.    Miscellaneous.

            (a) The term "Credit Agreement" as used in each of the Credit
      Documents shall hereafter mean the Credit Agreement as amended by this
      Agreement, and the term "Alterra Guaranty Agreement" as used in each of
      the Credit Documents shall hereafter mean the Alterra Guaranty Agreement
      as amended by this Agreement. Except as herein specifically agreed, the
      Credit Agreement and the obligations of the Credit Parties thereunder and
      under the other Credit Documents are hereby ratified and confirmed and
      shall remain in full force and effect according to their terms, and the
      Alterra Guaranty Agreement and the obligations of Alterra thereunder are
      hereby ratified and confirmed and shall remain in full force and effect
      according to its terms.

            (b) Each Credit Party hereby represents and warrants with respect to
itself as follows:

                                       6
<PAGE>   7
                  (i) Such Credit Party has taken all necessary action to
      authorize the execution, delivery and performance of this Agreement.

                  (ii) This Agreement has been duly executed and delivered by
      such Credit Party and constitutes each such Credit Party's legal, valid
      and binding obligations, enforceable in accordance with its terms, except
      as such enforceability may be subject to (i) bankruptcy, insolvency,
      reorganization, fraudulent conveyance or transfer, moratorium or similar
      laws affecting creditors' rights generally and (ii) general principles of
      equity (regardless of whether such enforceability is considered in a
      proceeding at law or in equity).

                  (iii) No consent, approval, authorization or order of, or
      filing, registration or qualification with, any court or governmental
      authority or third party is required in connection with the execution,
      delivery or performance by such Credit Party of this Agreement.

            (c) Each Operative Party hereby represents and warrants with respect
      to itself to the Lenders that (i) the representations and warranties of
      such Operative Party set forth in Section 6 of the Credit Agreement are
      true and correct as of the date hereof and (ii) other than the Suspension
      and Waiver, no unwaived event has occurred and is continuing which
      constitutes a Default or Event of Default. Alterra hereby represents and
      warrants to the Lenders that (i) the representations and warranties of
      Alterra set forth in Section 3 of the Alterra Guaranty Agreement are true
      and correct as of the date hereof and (ii) other than the Suspension and
      Waiver, no unwaived event has occurred and is continuing which constitutes
      a Default or an Event of Default under the Alterra Guaranty Agreement. HCR
      hereby represents and warrants to the Lenders that (i) the representations
      and warranties of HCR set forth in Section 3 of the HCR Guaranty Agreement
      are true and correct as of the date hereof and (ii) other than the
      Suspension and Waiver, no unwaived event has occurred and is continuing
      which constitutes a Default or Event of Default.

            (d) The Guarantors (i) acknowledge and consent to all of the terms
      and conditions of this Agreement, (ii) affirm all of their obligations
      under the Credit Documents and (iii) agree that this Agreement and all
      documents executed in connection herewith do not operate to reduce or
      discharge the Guarantors' obligations under the Credit Agreement or the
      other Credit Documents.

            (e) This Agreement may be executed in any number of counterparts,
      each of which when so executed and delivered shall be an original, but all
      of which shall constitute one and the same instrument. Delivery of an
      executed counterpart of this Agreement by telecopy shall be effective as
      an original and shall constitute a representation that an executed
      original shall be delivered. Upon satisfaction of the conditions
      identified in Section 5 hereof, the effectiveness of this Agreement shall
      be retroactive to December 31, 1999.

            (d) THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES
      HEREUNDER SHALL BE GOVERNED BY AND CONSTRUED

                                       7
<PAGE>   8
      AND INTERPRETED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

                  [Remainder of page intentionally left blank]

                                       8
<PAGE>   9
      Each of the parties hereto has caused a counterpart of this Agreement to
be duly executed and delivered as of the date first above written.

BORROWERS:                    CLARE BRIDGE OF AKRON L.P.,
----------
                              a Delaware limited partnership

                              By: HCR/Alterra Development, LLC,
                              a Delaware limited liability company, its sole
                              general partner

                              By:  /s/  Douglas G. Haag
                              Title:  Co-Vice President

                              By:  /s/  Mark Ohlendorf
                              Title:  Co-Vice President

                              CLARE BRIDGE OF ARLINGTON L.P.,
                              a Delaware limited partnership

                              By: HCR/Alterra Development, LLC,
                              a Delaware limited liability company, its sole
                              general partner

                              By:  /s/  Douglas G. Haag
                              Title:  Co-Vice President

                              By:  /s/  Mark Ohlendorf
                              Title:  Co-Vice President

                                            FIRST AMENDMENT TO CREDIT AGREEMENT,
                                           FIRST AMENDMENT TO GUARANTY AGREEMENT
                                             AND SUSPENSION AND WAIVER AGREEMENT
<PAGE>   10
                              CLARE BRIDGE OF BAINBRIDGE L.P.,
                              a Delaware limited partnership

                              By: HCR/Alterra Development, LLC,
                              a Delaware limited liability company, its sole
                              general partner

                              By:  /s/  Douglas G. Haag
                              Title:  Co-Vice President

                              By:  /s/  Mark Ohlendorf
                              Title:  Co-Vice President

                              CLARE BRIDGE OF BINGHAM FARMS L.P., a
                              Delaware limited partnership

                              By: HCR/Alterra Development, LLC,
                              a Delaware limited liability company, its sole
                              general partner

                              By:  /s/  Douglas G. Haag
                              Title:  Co-Vice President

                              By:  /s/  Mark Ohlendorf
                              Title:  Co-Vice President

                              CLARE BRIDGE OF CARROLLWOOD L.P., a
                              Delaware limited partnership

                              By: HCR/Alterra Development, LLC,
                              a Delaware limited liability company, its sole
                              general partner

                              By:  /s/  Douglas G. Haag
                              Title:  Co-Vice President

                              By:  /s/  Mark Ohlendorf
                              Title:  Co-Vice President

                                            FIRST AMENDMENT TO CREDIT AGREEMENT,
                                           FIRST AMENDMENT TO GUARANTY AGREEMENT
                                             AND SUSPENSION AND WAIVER AGREEMENT
<PAGE>   11
                              CLARE BRIDGE OF FT. MYERS L.P., a
                              Delaware limited partnership

                              By: HCR/Alterra Development, LLC,
                              a Delaware limited liability company, its sole
                              general partner

                              By:  /s/  Douglas G. Haag
                              Title:  Co-Vice President

                              By:  /s/  Mark Ohlendorf
                              Title:  Co-Vice President

                              CLARE BRIDGE OF HOUSTON L.P., a
                              Delaware limited partnership

                              By: HCR/Alterra Development, LLC,
                              a Delaware limited liability company, its sole
                              general partner

                              By:  /s/  Douglas G. Haag
                              Title:  Co-Vice President

                              By:  /s/  Mark Ohlendorf
                              Title:  Co-Vice President

                                            FIRST AMENDMENT TO CREDIT AGREEMENT,
                                           FIRST AMENDMENT TO GUARANTY AGREEMENT
                                             AND SUSPENSION AND WAIVER AGREEMENT
<PAGE>   12
                              CLARE BRIDGE OF JEFFERSON TOWNSHIP L.P., a
                              Delaware limited partnership

                              By: HCR/Alterra Development, LLC,
                              a Delaware limited liability company, its sole
                              general partner

                              By:  /s/  Douglas G. Haag
                              Title:  Co-Vice President

                              By:  /s/  Mark Ohlendorf
                              Title:  Co-Vice President

                              CLARE BRIDGE OF LIVONIA L.P., a
                              Delaware limited partnership

                              By: HCR/Alterra Development, LLC,
                              a Delaware limited liability company, its sole
                              general partner

                              By:  /s/  Douglas G. Haag
                              Title:  Co-Vice President

                              By:  /s/  Mark Ohlendorf
                              Title:  Co-Vice President

                              CLARE BRIDGE OF PARMA L.P., a
                              Delaware limited partnership

                              By: HCR/Alterra Development, LLC,
                              a Delaware limited liability company, its sole
                              general partner

                              By:  /s/  Douglas G. Haag
                              Title:  Co-Vice President

                              By:  /s/  Mark Ohlendorf
                              Title:  Co-Vice President

                                            FIRST AMENDMENT TO CREDIT AGREEMENT,
                                           FIRST AMENDMENT TO GUARANTY AGREEMENT
                                             AND SUSPENSION AND WAIVER AGREEMENT
<PAGE>   13
                              CLARE BRIDGE OF RICHARDSON L.P., a
                              Delaware limited partnership

                              By: HCR/Alterra Development, LLC,
                              a Delaware limited liability company, its sole
                              general partner

                              By:  /s/  Douglas G. Haag
                              Title:  Co-Vice President

                              By:  /s/  Mark Ohlendorf
                              Title:  Co-Vice President

                              CLARE BRIDGE OF TUSCAWILLA L.P., a
                              Delaware limited partnership

                              By: HCR/Alterra Development, LLC,
                              a Delaware limited liability company, its sole
                              general partner

                              By:  /s/  Douglas G. Haag
                              Title:  Co-Vice President

                              By:  /s/  Mark Ohlendorf
                              Title:  Co-Vice President

                                            FIRST AMENDMENT TO CREDIT AGREEMENT,
                                           FIRST AMENDMENT TO GUARANTY AGREEMENT
                                             AND SUSPENSION AND WAIVER AGREEMENT
<PAGE>   14
                              CLARE BRIDGE OF WESTCHASE L.P., a
                              Delaware limited partnership

                              By: HCR/Alterra Development, LLC,
                              a Delaware limited liability company, its sole
                              general partner

                              By:  /s/  Douglas G. Haag
                              Title:  Co-Vice President

                              By:  /s/  Mark Ohlendorf
                              Title:  Co-Vice President

                                            FIRST AMENDMENT TO CREDIT AGREEMENT,
                                           FIRST AMENDMENT TO GUARANTY AGREEMENT
                                             AND SUSPENSION AND WAIVER AGREEMENT
<PAGE>   15
GUARANTORS:                   HCR/ALTERRA DEVELOPMENT, LLC,
-----------                   a Delaware limited liability company

                              By:  /s/  Douglas G. Haag
                              Title:  Co-Vice President

                              By:  /s/  Mark Ohlendorf
                              Title: Co-Vice President

                              ALTERRA HEALTHCARE CORPORATION,
                              a Delaware corporation

                              By:  /s/  Mark Ohlendorf
                              Title:  Sr. Vice President

                              MANOR CARE, INC., a Delaware corporation

                              By:  /s/  Douglas G. Haag
                              Title:  Co-Vice President

                                            FIRST AMENDMENT TO CREDIT AGREEMENT,
                                           FIRST AMENDMENT TO GUARANTY AGREEMENT
                                             AND SUSPENSION AND WAIVER AGREEMENT
<PAGE>   16
LENDERS:                      BANK OF AMERICA, N.A.,
--------                      as Administrative Agent and as a Lender

                              By:  /s/  F. Scott Singhoff
                              Title:  Managing Director

                              THE CHASE MANHATTAN BANK

                              By:  /s/  Dawn Lee Lum
                              Title:  Vice President

                              DEUTSCHE BANK AG NEW YORK AND/OR
                              CAYMAN ISLAND BRANCHES

                              By:
                              Name:
                                    -----------------------------
                              Title:
                                    -----------------------------

                              BANK UNITED, F.S.B.

                              By:
                              Name:
                                    -----------------------------

                              Title:
                                    -----------------------------

                              COMERICA BANK

                              By:  /s/  Colleen M. Murphy
                              Title:  Vice President

                              NATIONAL CITY BANK

                              By:
                              Name:
                                    -----------------------------

                              Title:
                                    -----------------------------

                              THE HUNTINGTON NATIONAL BANK

                                            FIRST AMENDMENT TO CREDIT AGREEMENT,
                                           FIRST AMENDMENT TO GUARANTY AGREEMENT
                                             AND SUSPENSION AND WAIVER AGREEMENT
<PAGE>   17
                              By:  /s/  Daniel E. Crane
                              Title:  Vice President

                              BANK OF MONTREAL

                              By:
                                 ----------------------------
                              Name:
                                   ----------------------------
                              Title:
                                    ----------------------------

                              THE BANK OF NEW YORK

                              By:
                                 ----------------------------
                              Name:
                                   ----------------------------
                              Title:
                                    ----------------------------

                                            FIRST AMENDMENT TO CREDIT AGREEMENT,
                                           FIRST AMENDMENT TO GUARANTY AGREEMENT
                                             AND SUSPENSION AND WAIVER AGREEMENT
<PAGE>   18
                                   Schedule 1
                                   ----------

1.    Master Loan Agreement dated January 8, 1999 among ALS West, Inc., Alterra
      and Guaranty Federal Bank, F.S.B.

2.    Master Construction Line of Credit Agreement dated as of October 6, 1998
      among Alterra, ALS National, Inc. (pursuant to Joinder Agreement), Key
      Corporate Capital, Inc., as Administrative Agent and the Co-Agents and
      other Lending Institutions named therein.

3.    Guaranty dated as of August 31, 1999 made by Alterra in favor of Key
      Corporate Capital, Inc., as Administrative Agent

4.    Participation Agreement dated as of July 16, 1999 among AHC Tenant, Inc.,
      as Lessee, Pita General Corporation, as Owner, Alterra, as Guarantor,
      SELCO Service Corporation, as Equity Investor, ZC Specialty Insurance
      Company, as Surety, Bank One, N.A. (formerly, the First National Bank of
      Chicago), as Trustee and Greenwich Capital Financial Products, Inc., as
      Noteholder.

5.    Guaranty of Payment Agreement dated September 28, 1998 made by Alterra for
      the benefit of Bank United, as agent.

6.    Secured Promissory Notes made by project-specific entities to Key
      Corporate Capital, Inc. and delivered pursuant to that certain Master Loan
      Agreement issued by Key Corporate Capital, Inc. to ALS-Northeast, LLC
      dated May 5, 1998.
<PAGE>   19
                               SCHEDULE 2.1(a)(i)
                       LENDERS AND COMMITMENT PERCENTAGES

<TABLE>
<CAPTION>
                                                                                          Revolving
                                                                      Revolving           Commitment
    Operations Contact            Credit Contact                      Commitments         Percentage
    ------------------            --------------                      -----------         ----------

<S>                               <C>                               <C>                  <C>
Bank of America, N. A.            Bank of America, N. A.            $15,000,000.00       25.000000000%
Corporate Credit Services         700 Louisiana Street, 8th
NC1-001-15-01                     Floor
One Independence Center           Houston, Texas 77002-2700
101 North Tryon Street            Attn: Scott Singhoff
Charlotte, NC  28255-0001         Telephone: (713) 247-6961
Attn:  Rita Quesada-Rodgers       Telecopy: (713) 247-6719
Telephone:  (704) 386-9371
Facsimile:  (704)-409-00023

The Chase Manhattan Bank          The Chase Manhattan Bank          $12,000,000.00       20.000000000%
1 Chase Manhattan Plaza -         270 Park Avenue, 48th
8th Floor                         Floor
New York, New York  10081         New York, New York  10017
Attn:  Renee Pierre Louis,        Attn:  Dawn Lee Lum,
Vice President                    Vice President
Telephone:  (212) 552-7322        Telephone:  (212) 270-2472
Facsimile:  (212) 552-7500        Facsimile:  (212) 270-3279

Bank United, F.S.B                Bank United, F.S.B                 $7,500,000.00       12.500000000%
3200 SW Freeway                   3200 SW Freeway
Suite 2970                        Suite 2940
Houston, Texas  77027             Houston, Texas  77027
Attn:  Debbie Cook                Attn:  William Roberson,
Telephone:  (713) 543-6033        Director
Facsimile:  (713) 543-6063        Telephone:  (713) 543-7745
                                  Facsimile:  (713) 543-4162

Deutsche Bank                     Deutsche Bank                      $7,500,000.00       12.500000000%
31 West 52nd Street, 24th         31 West 52nd Street, 24th
Floor                             Floor
New York, NY  10019-2601          New York, NY  10019-2601
Attn:  Richard Agnolet            Attn: Sue Pearson
Telephone:  (212) 469-4113        Telephone:  (212) 469-7140
Facsimile:  (212) 469-4138        Facsimile:  (212) 469-8701

Comerica Bank                     Comerica Bank                      $4,500,000.00        7.500000000%
500 Woodward Avenue               Two Mid-America Plaza
MC3266                            Suite 616
Detroit, Michigan  48226          Oakbrook Terrace,
Attn: Karen Leja, Customer        Illinois  60181
Assistant                         Attn: Colleen M. Murphy,
Telephone:  (313) 222-7805        Vice President
Facsimile:  (313) 222-3420        Telephone:  (630) 645-7376
                                  Facsimile:  (630) 575-2164

Bank of Montreal                  Bank of Montreal                   $4,500,000.00        7.500000000%
115 South LaSalle Street          115 South LaSalle Street
Chicago, IL  60603-3801           Chicago, IL  60603-3801
Attn:                             Attn: Heather Turf
Telephone:  (312)                 Telephone:  (312) 750-3466
Facsimile:  (312)                 Facsimile:  (312) 750-3702

The Bank of New York              The Bank of New York               $4,500,000.00        7.500000000%
One Wall Street                   One Wall Street
New York, NY  10286               New York, NY  10286
Attn:                             Attn: Edward Dougherty
Telephone:  (212)                 Telephone:  (212) 635-7842
Facsimile:  (212)                 Facsimile:  (212) 635-6434
</TABLE>

                                            FIRST AMENDMENT TO CREDIT AGREEMENT,
                                           FIRST AMENDMENT TO GUARANTY AGREEMENT
                                             AND SUSPENSION AND WAIVER AGREEMENT
<PAGE>   20
<TABLE>
<CAPTION>                                                                                 Revolving
                                                                      Revolving           Commitment
    Operations Contact            Credit Contact                      Commitments         Percentage
    ------------------            --------------                      -----------         ----------

<S>                               <C>                               <C>                  <C>
National City Bank                National City Bank                 $3,000,000.00        5.000000000%
1900 E. 9th Street                1900 E. 9th Street
Locator #2077                     Locator #2077
Cleveland, OH  44114              Cleveland, OH  44114
Attn: Revett Vickerstaff,         Attn: Janice E. Focke,
Manager                           Vice President and Senior
Telephone:  (216) 488-7080        Lending Officer
Facsimile:  (216) 488-7110        Telephone:  (216) 575-2836
                                  Facsimile:  (216) 222-0003

The Huntington National           The Huntington National            $1,500,000.00        2.500000000%
Bank                              Bank
300 Madison Avenue, Suite         300 Madison Avenue, Suite
900                               900
Toledo, OH  43603                 Toledo, OH  43603
Attn: Jennifer Harville           Attn: Daniel E. Crane
Telephone:  (614) 480-2948        Telephone:  (419) 321-1087
Facsimile:  (614) 480-2533        Facsimile:  (419) 321-1053

                                  Total                               $60,000,000                 100%
</TABLE>

                                            FIRST AMENDMENT TO CREDIT AGREEMENT,
                                           FIRST AMENDMENT TO GUARANTY AGREEMENT
                                             AND SUSPENSION AND WAIVER AGREEMENT

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00009-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00009-of-00352.parquet"}]]