Document:

JCL Recourse Liabilities Guaranty

 Exhibit 10.2 
 JCL RECOURSE LIABILITIES GUARANTY 
  

			
	Loan Nos. 706109203 and 706109205	  	August 16, 2013

 FOR VALUE RECEIVED, the sufficiency of which is hereby acknowledged, the undersigned, CNL HEALTHCARE
PROPERTIES, INC., a Maryland corporation (whether one or more, hereinafter together called “Guarantor” in the singular), absolutely guarantees and agrees to pay to THE PRUDENTIAL INSURANCE COMPANY OF AMERICA (hereinafter
called “Prudential”) at the address designated in the Loan Agreement (as hereinafter defined), or the then-current holder of the Notes (as defined in the Loan Agreement) immediately prior to the purchase of the Loan (as
defined in the Loan Agreement) by JCL (as defined in the Loan Agreement), the amount set forth in Sections 1.04(c) and 1.06(c) of the Loan Agreement which is the obligation of the Borrowers (as defined in the Loan Agreement) (hereinafter
collectively called “Borrower”), together with all interest, attorneys’ fees and collection costs provided for herein (all such indebtedness is hereinafter called the “Recourse Liabilities”), which obligation
of Borrower under the Loan Agreement is further evidenced and secured by the Notes and the Instruments (as defined in the Loan Agreement) and that certain Loan Agreement by and among Borrower and Prudential dated as of the date hereof (as the same
may be amended, restated, replaced, supplemented or otherwise modified from time to time, hereinafter called the “ Loan Agreement”). Guarantor further agrees to pay any and all costs, attorneys’ fees and expenses incurred or
expended by Prudential in collecting any of the Recourse Liabilities or in enforcing any right granted hereunder. The term “Obligations” as used herein shall have the same meaning as such term is defined in the Loan Agreement.

 1. Except as otherwise specifically provided or limited herein, Guarantor shall pay for the benefit of Prudential all or any
portion of the Recourse Liabilities within fifteen (15) days after receipt of written notice from Prudential specifying that Borrower has failed to pay any of the Recourse Liabilities, setting forth the amount of the Recourse Liabilities then
due and payable, and making demand for payment thereof by Guarantor. 
 2. Guarantor expressly waives presentment for payment,
demand, notice of demand and of dishonor and non-payment of the Recourse Liabilities, notice of intention to accelerate the maturity of the Recourse Liabilities or any part thereof, notice of disposition of collateral, notice of acceleration of the
maturity of the Recourse Liabilities or any part thereof, protest and notice of protest, diligence in collecting, and the bringing of suit against any other party. Prudential shall be under no obligation to notify Guarantor of its acceptance hereof
or of any advances made or credit extended on the faith hereof or the failure of Borrower to pay any of the Recourse Liabilities as they mature or any default in the performance of any of the Obligations under the Documents, or to use diligence in
preserving the liability of any person on the Recourse Liabilities or the Obligations or in bringing suit to enforce collection of the Recourse Liabilities or performance of the Obligations. Guarantor waives all defenses given to sureties or
guarantors at law or in equity other than the actual payment of the Recourse Liabilities and all defenses based upon questions as to the validity, legality or enforceability of the Recourse Liabilities and/or the Obligations and agrees that
Guarantor shall be primarily liable hereunder. 
 3. Prudential, without authorization from or notice to Guarantor and without
impairing, modifying, changing, releasing, limiting or affecting the liability of Guarantor hereunder, may from time to time at its discretion and with or without valuable consideration, alter, compromise, accelerate, renew, extend or change the
time or manner for the payment of any or all of the Recourse Liabilities, increase or 

  
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Prudential Loan Nos. 706109203 and 706109205 

CNL MOB Portfolio 
 Recourse Liabilities Guaranty

 
reduce the rate of interest thereon, take and surrender security, exchange security by way of substitution, or in any way it deems necessary take, accept, withdraw, subordinate, alter, amend,
modify or eliminate security, add or release or discharge endorsers, guarantors or other obligors, make changes of any sort whatsoever in the terms of payment of the Recourse Liabilities, in the Obligations or in the manner of doing business with
Borrower, or settle or compromise with Borrower or any other person or persons liable on the Recourse Liabilities or the Obligations on such terms as it may see fit, and may apply all moneys received from Borrower or others, or from any security
held (whether held under a security instrument or not), in such manner upon the Recourse Liabilities (whether then due or not) as it may determine to be in its best interest, without in any way being required to marshal securities or assets or to
apply all or any part of such moneys upon any particular part of the Recourse Liabilities. It is specifically agreed that Prudential is not required to retain, hold, protect, exercise due care with respect thereto, perfect security interests in or
otherwise assure or safeguard any security for the Recourse Liabilities or the Obligations; no failure by Prudential to do any of the foregoing and no exercise or non-exercise by Prudential of any other right or remedy of Prudential shall in any way
affect any of Guarantor’s obligations hereunder or any security furnished by Guarantor or give Guarantor any recourse against Prudential. 
 4. The liability of Guarantor hereunder shall not be modified, changed, released, limited or impaired in any manner whatsoever on account of any or all of the following: (a) the incapacity, death,
disability, dissolution or termination of Guarantor, Borrower, Prudential or any other person or entity; (b) the failure by Prudential to file or enforce a claim against the estate (either in administration, bankruptcy or other proceeding) of
Borrower or any other person or entity; (c) recovery from Borrower or any other person or entity becomes barred by any statute of limitations or is otherwise prevented; (d) any defenses, set-offs or counterclaims which may be available to
Borrower or any other person or entity (other than the actual payment of the Obligations); (e) any transfer or transfers of any of the property covered by the Instruments, the Loan Agreement or any other instrument securing the payment of the
Notes; (f) any modifications, extensions, amendments, consents, releases or waivers with respect to the Notes, the Loan Agreement, the Instruments, any other instrument now or hereafter securing the payment of the Notes, or this Guaranty;
(g) any failure of Prudential to give any notice to Guarantor of any default under the Notes, the Loan Agreement, the Instruments, any other instrument securing the payment of the Notes, or this Guaranty; (h) Guarantor is or becomes liable
for any indebtedness owing by Borrower to Prudential other than under this Guaranty; or (i) any impairment, modification, change, release or limitation of the liability of, or stay of actions or lien enforcement proceedings against, Borrower,
its property, or its estate in bankruptcy resulting from the operation of any present or future provision of the Bankruptcy Code (as defined in the Instruments) or any other present or future federal or state insolvency, bankruptcy or similar law
(all of the foregoing hereinafter collectively called “applicable Bankruptcy Law”) or from the decision of any court. 
 5. Prudential shall not be required to pursue any other remedies before invoking the benefits of the guaranties contained herein, and specifically it shall not be required to make demand upon or institute
suit or otherwise pursue or exhaust its remedies against Borrower or any surety other than Guarantor or to proceed against any security now or hereafter existing for the payment of any of the Recourse Liabilities. Prudential may maintain an action
on this Guaranty without joining Borrower therein and without bringing a separate action against Borrower. 
 6. If for any
reason whatsoever (including but not limited to ultra vires, lack of authority, illegality, force majeure, act of God or impossibility) the Recourse Liabilities or the Obligations cannot be enforced against Borrower, such unenforceability shall in
no manner affect the liability of Guarantor hereunder and Guarantor shall be liable hereunder notwithstanding that Borrower may not be liable for such Recourse Liabilities or such Obligations and to the same extent as Guarantor would have been
liable if such Recourse Liabilities or Obligations had been enforceable against Borrower. 

  
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Prudential Loan Nos. 706109203 and 706109205 

CNL MOB Portfolio 
 Recourse Liabilities Guaranty

 7. Guarantor absolutely and unconditionally covenants and agrees that in the event that
Borrower does not or is unable to pay the Recourse Liabilities for any reason, including, without limitation, liquidation, dissolution, receivership, conservatorship, insolvency, bankruptcy, assignment for the benefit of creditors, sale of all or
substantially all assets, reorganization, arrangement, composition, or readjustment of, or other similar proceedings affecting the status, composition, identity, existence, assets or obligations of Borrower, or the disaffirmance or termination of
any of the Recourse Liabilities or Obligations in or as a result of any such proceeding, Guarantor shall pay the Recourse Liabilities and no such occurrence shall in any way affect Guarantor’s obligations hereunder. 

8. Should the status of Borrower change, this Guaranty shall continue and also cover the Recourse Liabilities of Borrower under the new
status according to the terms hereof. This Guaranty shall remain in full force and effect notwithstanding any transfer of any of the property covered by the Loan Agreement, the Instruments or the Assignments (as defined in the Loan Agreement).

 9. In the event any payment by Borrower to Prudential is held to constitute a preference under any applicable Bankruptcy Law,
or if for any other reason Prudential is required to refund such payment or pay the amount thereof to any other party, such payment by Borrower to Prudential shall not constitute a release of Guarantor from any liability hereunder, but Guarantor
agrees to pay such amount to Prudential in accordance with Section 1 above and this Guaranty shall continue to be effective or shall be reinstated, as the case may be, to the extent of any such payment or payments. 

10. Guarantor agrees that it shall not have (a) the right to the benefit of, or to direct the application of, any security held by
Prudential (including the property covered by the Loan Agreement, the Instruments, the Assignments, and any other instrument securing the payment of the Notes), any right to enforce any remedy which Prudential now has or hereafter may have against
Borrower, or any right to participate in any security now or hereafter held by Prudential, or (b) any defense arising out of the absence, impairment or loss of any right of reimbursement or subrogation or other right or remedy of Guarantor
against Borrower or against any security resulting from the exercise or election of any remedies by Prudential (including the exercise of the power of sale under the Instruments), or any defense arising by reason of any disability or other defense
of Borrower or by reason of the cessation, from any cause, of the liability of Borrower. 
 11. The payment by Guarantor of any
amount pursuant to this Guaranty shall not in any way entitle Guarantor to any right, title or interest (whether by way of subrogation or otherwise) in and to any of the Recourse Liabilities or any proceeds thereof, or any security therefor, unless
and until the full amount owing to Prudential on the Recourse Liabilities has been fully paid, but when the same has been fully paid Guarantor shall be subrogated as to any payments made by it to the rights of Prudential as against Borrower and/or
any endorsers, sureties or other guarantors. 
 12. Notwithstanding any payments made by or for the account of Guarantor on
account of the Recourse Liabilities, Guarantor shall not be subrogated to any rights of Prudential until such time as Prudential shall have received payment of the full amount of all Recourse Liabilities. For the purposes of the preceding sentence
only, the Recourse Liabilities shall not be deemed to have been paid in full by foreclosure of the Instruments or by acceptance of a deed in lieu thereof, and Guarantor hereby waives and disclaims any interest which it might have in the property
covered by the Loan Agreement, the Instruments or the Assignments or other collateral security for the Recourse Liabilities and the Obligations, by subrogation or otherwise, following foreclosure of the Instruments or Prudential’s acceptance of
a deed in lieu thereof. 

  
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 Recourse Liabilities Guaranty

 13. Guarantor expressly subordinates its rights to payment of any indebtedness owing from
Borrower to Guarantor, whether now existing or arising at any time in the future, to the prior right of Prudential to receive or require payment in full of the Recourse Liabilities and until payment in full of the Recourse Liabilities (and including
interest accruing on the Notes after any petition under applicable Bankruptcy Law, which post-petition interest Guarantor agrees shall remain a claim that is prior and superior to any claim of Guarantor notwithstanding any contrary practice, custom
or ruling in proceedings under such applicable Bankruptcy Law generally), Guarantor agrees not to accept any payment or satisfaction of any kind of indebtedness of Borrower to Guarantor or any security for such indebtedness; provided, however, that
so long as no Event of Default (as defined in the Loan Agreement) has occurred under the Documents, the foregoing restriction on payment or satisfaction of indebtedness shall not apply to any distributions or payments of indebtedness made
(i) to any Guarantor as the holder of an equity interest in Borrower or in payment or satisfaction of indebtedness to Guarantor, (ii) in the ordinary course of Borrower’s business, and (iii) more than ninety (90) days prior
to an Event of Default under the Documents. If Guarantor should receive any such payment, satisfaction or security for any indebtedness of Borrower to Guarantor in contravention of the foregoing sentence, Guarantor agrees forthwith to deliver the
same to Prudential in the form received, endorsed or assigned as may be appropriate for application on account of, or as security for, the Recourse Liabilities and until so delivered, agrees to hold the same in trust for Prudential. 

14. Under no circumstances shall the aggregate amount paid or agreed to be paid hereunder exceed the highest lawful rate permitted under
applicable law (the “Maximum Rate”) and the payment obligations of Guarantor hereunder are hereby limited accordingly. If under any circumstances, whether by reason of advancement or acceleration of the unpaid principal balance of
the Notes or otherwise, the aggregate amounts paid hereunder shall include amounts which by law are deemed interest and which could exceed the Maximum Rate, Guarantor stipulates that payment and collection of such excess amounts shall have been and
will be deemed to have been the result of a mistake on the part of both Guarantor and Prudential, and Prudential shall promptly credit such excess (only to the extent such interest payments are in excess of the Maximum Rate) against the unpaid
principal balance of the Notes, and any portion of such excess payments not capable of being so credited shall be refunded to Guarantor. The term “applicable law” as used in this paragraph shall mean the laws of the State of Arizona
or the laws of the United States, whichever laws allow the greater rate of interest, as such laws now exist or may be changed or amended or come into effect in the future. 
 15. Guarantor hereby represents, warrants and covenants to and with Prudential as follows: (a) the making of the Loan by Prudential to Borrower is and will be of direct interest, benefit and
advantage to Guarantor; (b) Guarantor is solvent, is not bankrupt and has no outstanding liens, garnishments, bankruptcies or court actions which could render Guarantor insolvent or bankrupt, and there has not been filed by or against Guarantor
a petition in bankruptcy or a petition or answer seeking an assignment for the benefit of creditors, the appointment of a receiver, trustee, custodian or liquidator with respect to Guarantor or any substantial portion of Guarantor’s property,
reorganization, arrangement, rearrangement, composition, extension, liquidation or dissolution or similar relief under applicable Bankruptcy Law; (c) all reports, financial statements and other financial and other data which have been or may
hereafter be furnished by Guarantor to Prudential in connection with this Guaranty are or shall be true and correct in all material respects and do not and will not omit to state any fact or circumstance necessary to make the statements contained
therein not misleading and do or shall fairly represent the financial condition of Guarantor as of the dates and the results of Guarantor’s operations for the periods for which the same are furnished, and no material adverse change has occurred
since the dates of such 

  
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CNL MOB Portfolio 
 Recourse Liabilities Guaranty

 
reports, statements and other data in the financial condition of Guarantor; (d) to the best of Guarantor’s knowledge after due inquiry and investigation, the execution, delivery and
performance of this Guaranty do not contravene, result in the breach of or constitute a default under any mortgage, deed of trust, lease, promissory note, loan agreement or other contract or agreement to which Guarantor is a party or by which
Guarantor or any of its properties may be bound or affected and do not violate or contravene any law, order, decree, rule or regulation to which Guarantor is subject; (e) there are no judicial or administrative actions, suits or proceedings
pending or, to the best of Guarantor’s knowledge, threatened against or affecting Guarantor that would have a material adverse effect on Guarantor’s ability to perform its obligations under this Guaranty or involving the validity,
enforceability or priority of this Guaranty; and (f) this Guaranty constitutes the legal, valid and binding obligation of Guarantor enforceable in accordance with its terms. 

16. Guarantor will deliver to Prudential, within one hundred twenty (120) days after the end of Guarantor’s fiscal year, the
most recent financial statements of Guarantor in scope and detail reasonably satisfactory to Prudential (or, if Guarantor does not have financial statements prepared, the most recent financial statements of Guarantor’s parent). The statements
shall be sworn and certified as to accuracy by Guarantor. 
 17. Where two or more persons or entities have executed this
Guaranty, unless the context clearly indicates otherwise, all references herein to “Guarantor” shall mean the guarantors hereunder or either or any of them. All of the obligations and liability of said guarantors hereunder shall be
joint and several. Suit may be brought against said guarantors, jointly and severally, or against any one or more of them or less than all of them, without impairing the rights of Prudential against the other or others of said guarantors; and
Prudential may compound with any one or more of said guarantors for such sums or sum as it may see fit and/or release a portion of said guarantors from all further liability to Prudential for any Recourse Liabilities without impairing the right of
Prudential to demand and collect the balance of such Recourse Liabilities from the other or others of said guarantors not so compounded with or released; but it is agreed among said guarantors themselves, however, that such compounding and release
shall in nowise impair the rights of said guarantors as among themselves. 
 18. Except as otherwise provided herein, the rights
of Prudential are cumulative and shall not be exhausted by its exercise of any of its rights hereunder or otherwise against Guarantor or by any number of successive actions until and unless all Recourse Liabilities have been paid and each of the
obligations of Guarantor hereunder has been performed. 
 19. Any notice or communication required or permitted hereunder shall
be given in writing, sent by (a) personal delivery, or (b) expedited delivery service with proof of delivery, or (c) United States mail, postage prepaid, registered or certified mail, sent to the intended addressee at the address
shown below, or to such other address or to the attention of such other person as hereafter shall be designated in writing by the applicable party sent in accordance herewith. Any such notice or communication shall be deemed to have been given and
received either at the time of personal delivery or, in the case of delivery service or mail, as of the date of first attempted delivery at the address and in the manner provided herein, or in the case of telegram, telex or telecopy, upon receipt.

 20. This Guaranty shall be deemed to have been made under and shall be governed by the laws of the State of Arizona in all
respects. 
 21. This Guaranty may be executed in any number of counterparts with the same effect as if all parties hereto had
signed the same document. All such counterparts shall be construed together and shall constitute one instrument, but in making proof hereof it shall only be necessary to produce one such counterpart. 

  
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Prudential Loan Nos. 706109203 and 706109205 

CNL MOB Portfolio 
 Recourse Liabilities Guaranty

 22. This Guaranty may only be modified, waived, altered or amended by a written instrument
or instruments executed by the party against which enforcement of said action is asserted. Any alleged modification, waiver, alteration or amendment which is not so documented shall not be effective as to any party. 

23. The books and records of Prudential showing the accounts between Prudential and Borrower shall be admissible in any action or
proceeding hereon as prima facie evidence of the items set forth herein. 
 24. Guarantor waives and renounces any and all
homestead or exemption rights Guarantor may have under the Constitution or the laws of any state as against Guarantor, and does transfer, convey and assign to Prudential a sufficient amount of such homestead or exemption as may be allowed, including
such homestead or exemption as may be set apart in bankruptcy, to pay the Recourse Liabilities. Guarantor hereby directs any trustee in bankruptcy having possession of such homestead or exemption to deliver to Prudential a sufficient amount of
property or money set apart as exempt to pay the Recourse Liabilities. 
 25. The terms, provisions, covenants and conditions
hereof shall be binding upon Guarantor and the heirs, devisees, representatives, successors and assigns of Guarantor and shall inure to the benefit of Prudential and all transferees, credit participants, successors, assignees and/or endorsees of
Prudential other than JCL. Within this Guaranty, words of any gender shall be held and construed to include any other gender and words in the singular number shall be held and construed to include the plural and words in the plural number shall be
held and construed to include the singular, unless the context otherwise requires. A determination that any provision of this Guaranty is unenforceable or invalid shall not affect the enforceability or validity of any other provision and any
determination that the application of any provision of this Guaranty to any person or circumstance is illegal or unenforceable shall not affect the enforceability or validity of such provision as it may apply to any other persons or circumstances.

 26. None of Guarantor’s respective officers, directors, shareholders, employees, agents, parents or principals (each a
“Related Party”) shall have any liability for Guarantor’s obligations set forth in this Guaranty, except with respect to a Related Party that is also a guarantor of such obligations and except as otherwise provided in the
Documents. The scope of this Guaranty shall in no way affect or limit any liability of Guarantor under the Recourse Liabilities Guaranties (as defined in the Loan Agreement), the Environmental Indemnities (as defined in the Loan Agreement), or the
ERISA Indemnities (as defined in the Loan Agreement). 
 [REMAINDER OF PAGE LEFT INTENTIONALLY BLANK] 

[SIGNATURES ON FOLLOWING PAGE] 

  
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Prudential Loan Nos. 706109203 and 706109205 

CNL MOB Portfolio 
 Recourse Liabilities Guaranty

 IN WITNESS WHEREOF, this Guaranty has been executed by Guarantor as of the date first set
forth above. 
  

			
	GUARANTOR:
	
	 CNL HEALTHCARE PROPERTIES, INC.,
 a Maryland corporation

		
	By:	 	 /s/ Joshua J. Taube

	Name:	 	Joshua J. Taube
	Title:	 	Vice President

 [CORPORATE SEAL] 
 The address of Guarantor is: 
 450 South Orange Avenue 

Orlando, Florida 32801 

					
	Attention:	 	    Joseph T. Johnson,	 	
		 	    SVP and CFO, and	 	
		 	    Holly J. Greer,	 	
		 	    SVP and General Counsel	 	

 The address of Prudential is: 
 The Prudential Insurance Company of America 
 c/o Prudential Asset Resources, Inc. 

2100 Ross Avenue, Suite 2500 
 Dallas, Texas
75201 
 Attention: Asset Management Department 
 Reference Loan Nos. 706109203 and 706109205 
 With a copy to: 

The Prudential Insurance Company of America 

c/o Prudential Asset Resources, Inc. 
 2100 Ross
Avenue, Suite 2500 
 Dallas, Texas 75201 
 Attention: Legal Department 
 Reference Loan Nos. 706109203 and 706109205 

 

  
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Prudential Loan Nos. 706109203 and 706109205 

CNL MOB Portfolio 
 Recourse Liabilities GuarantyMortgage and Security Agreement (First)

 Exhibit 10.3 
  

 
  

CHP LEAWOOD KS MOB OWNER, LLC, as mortgagor 
 (Borrower) 
 to 

THE PRUDENTIAL INSURANCE COMPANY OF AMERICA, as mortgagee 
 (Lender) 
  

 
 MORTGAGE
AND SECURITY AGREEMENT  
 (Doctors Specialty Hospital – First) 

 
  

 

			
	  	 	 Dated:             As of August 16, 2013

 
 Legal Description:     SEE EXHIBIT A

 
 Location:         4901 College Boulevard,
Leawood
 Lot:                 Lot 1, Scottsdale Asset Management
II
 County:           Johnson County, Kansas

 
 PREPARED OUT-OF-STATE BY

AND WHEN RECORDED MAIL TO:
  

Seyfarth Shaw LLP
 1075 Peachtree Street, N.E.,
Suite 2500
 Atlanta, Georgia 30309-3962

Attention: Jay Wardlaw, Esq.
 Deal Name: CNL MOB
Portfolio
 Loan Number: 706109202

  

 
  

Prudential Loan No. 706109202 
 CNL MOB
Portfolio 
 Mortgage and Security Agreement 
 (Doctors Specialty Hospital - First) 

 MORTGAGE AND SECURITY AGREEMENT 

(Doctors Specialty Hospital– First) 
 THIS MORTGAGE AND SECURITY AGREEMENT (this “Instrument”) is made as of the 16th day of August, 2013, by CHP LEAWOOD KS MOB OWNER, LLC, a Delaware limited liability company, having its
principal office and place of business at c/o CNL Healthcare Properties, Inc., 450 South Orange Avenue, Orlando, Florida 32801, as mortgagor (“Borrower”), to THE PRUDENTIAL INSURANCE COMPANY OF AMERICA, a New Jersey corporation,
having an office at c/o Prudential Asset Resources, Inc., 2100 Ross Avenue, Suite 2500, Dallas, Texas 75201, Attention: Asset Management Department; Reference Loan No. 706109202, as mortgagee (“Lender”). 

RECITALS: 
 1. Lender has
agreed to make on the date hereof certain loans to Borrower and one or more affiliates of Borrower (collectively, “Related Borrowers”; Borrower and the Related Borrowers collectively referred to as “Borrowers”)
evidenced by the Notes (as defined in the Loan Agreement [as hereinafter defined]), and secured by, among other things, (i) the Property (as hereinafter defined), and (ii) certain other properties, as identified from time to time in the
Loan Agreement, owned by one or more of the Related Borrowers (collectively, the “Other Properties”). 
 2. Borrower, by the
terms of that certain Promissory Note (Doctors Specialty Hospital) dated as of the date hereof (as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, the “Note”) and in connection with
the loan (the “Loan”) from Lender to Borrower, is indebted to Lender in the principal sum of FOUR MILLION FIVE HUNDRED TEN THOUSAND AND NO/100 U.S. DOLLARS ($4,510,000.00). 
 3. The Loan is governed by that certain Loan Agreement dated as of the date hereof by and among Borrower, Related Borrowers and Lender (as the same may be amended, restated, replaced, supplemented or
otherwise modified from time to time, the “Loan Agreement”). 
 4. Borrower desires to secure the payment of and the
performance of all of its obligations under the Note and certain additional Obligations (as hereinafter defined); provided, however, that notwithstanding anything to the contrary contained herein, this Instrument shall not secure any obligation of
Borrowers relating to the Other Indebtedness, the Other Notes, the Other Documents or the Other Obligations (each as defined herein), except as set forth in Article VII below. 
 IN CONSIDERATION of the principal sum of the Note, and other good and valuable consideration, the receipt and sufficiency of which are acknowledged, Borrower irrevocably: 

A. Grants, bargains, sells, assigns, transfers, pledges, mortgages, warrants, and conveys to Lender, and grants Lender a security
interest in, the following property, rights, interests and estates owned by Borrower (collectively, the “Property”): 
 (i) The real property in Johnson County, Kansas, and described in Exhibit A (the “Land”); 
 (ii) All of Borrower’s right, title and interest in and to all buildings, structures and improvements (including fixtures) now or later located in or on the Land (the
“Improvements”); 

  
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Prudential Loan No. 706109202 
 CNL MOB Portfolio

 Mortgage and Security Agreement 

(Doctors Specialty Hospital - First) 

 (iii) All easements, estates, and interests including hereditaments, servitudes,
appurtenances, tenements, mineral and oil/gas rights, water rights, air rights, development power or rights, options, reversion and remainder rights, and any other rights owned by Borrower and relating to or usable in connection with or providing
access to the Land or Improvements; 
 (iv) All right, title, and interest owned by Borrower in and to all land lying within the
rights-of-way, roads, or streets, open or proposed, adjoining the Land to the center line thereof, and all sidewalks, alleys, and strips and gores of land adjacent to or used in connection with the Land; 

(v) All right, title, and interest of Borrower in, to, and under, to the extent assignable, all plans, specifications, surveys, studies,
reports, permits, licenses, agreements, contracts, instruments, books of account, insurance policies, and any other documents relating to the use, construction, occupancy, leasing, activity, or operation of the Land or Improvements; provided,
however, that any such plans and specifications transferred hereunder are transferred for use in connection with the Land or Improvements only and for no other purpose; 
 (vi) All of the fixtures and personal property described in Exhibit B owned by Borrower and replacements thereof; but excluding all fixtures and personal property owned by any tenant (a
“Tenant”) of the Property; 
 (vii) All of Borrower’s right, title and interest in the proceeds (including
conversion to cash or liquidation claims) of (A) insurance relating to the Property and (B) all awards made for the taking by eminent domain (or by any proceeding or purchase in lieu thereof) of the Property, including awards resulting
from a change of any streets (whether as to grade, access, or otherwise) and for severance damages; 
 (viii) All of
Borrower’s right, title and interest in and to all tax refunds, including interest thereon, tax rebates, tax credits, and tax abatements, and the right to receive the same, which may be payable or available with respect to the Property;

 (ix) All leasehold estates, ground leases, leases, subleases, licenses, or other agreements affecting the use, enjoyment or
occupancy of the Property now or later existing (including any use or occupancy arrangements created pursuant to Title 7 or 11 of the United States Code, as amended from time to time, or any similar federal or state laws now or later enacted for the
relief of debtors [the “Bankruptcy Code”]) and all extensions and amendments thereto (collectively, the “Leases”) and all of Borrower’s right, title and interest under the Leases, including all guaranties
thereof; 
 (x) All rents, issues, profits, royalties, receivables, use and occupancy charges (including all oil, gas or other
mineral royalties and bonuses), income and other benefits now or later derived from any portion or use of the Property (including, without limitation, any payments received with respect to any Tenant or the Property pursuant to the Bankruptcy Code)
and all cash, security deposits, advance rentals, or similar payments relating thereto (collectively, the “Rents”) and all proceeds from the cancellation, termination, surrender, sale or other disposition of the Leases, and the
right to receive and apply the Rents to the payment of the Obligations; 
 (xi) All of Borrower’s rights and privileges
heretofore or hereafter otherwise arising in connection with or pertaining to the Property, including, without limiting the generality of the foregoing, all water and/or sewer capacity, all water, sewer and/or other utility deposits or prepaid fees,
and/or all water and/or sewer and/or other utility tap rights or other utility rights, any right or privilege of Borrower under 

  
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Prudential Loan No. 706109202 
 CNL MOB Portfolio

 Mortgage and Security Agreement 

(Doctors Specialty Hospital - First) 

 
any loan commitment, lease, contract, declaration of covenants, restrictions and easements or like instrument, developer’s agreement, or other agreement with any third party pertaining to
the ownership, development, construction, operation, maintenance, marketing, sale or use of the Property; and 
 (xii) All of
Borrower’s inventory, accounts, accounts receivable, contract rights, general intangibles, and all proceeds thereof relating to the Property. 
 B. Absolutely and unconditionally assigns, sets over, and transfers to Lender all of Borrower’s right, title, interest and estates in and to the Leases and the Rents, subject to the terms and license
granted to Borrower under that certain Assignment of Leases and Rents (Doctors Specialty Hospital – First) made by Borrower to Lender dated as of the date hereof (as the same may be amended, restated, replaced, supplemented or otherwise
modified from time to time, the “Assignment”), which document shall govern and control the provisions of this assignment. 
 TO HAVE AND TO HOLD the Property unto Lender and its successors and assigns forever, and Borrower hereby binds itself and its successors and assigns to warrant and forever defend the title to the Property
unto Lender, its successors and assigns, against the claim or claims of all persons claiming the same or any part thereof, subject to the Permitted Encumbrances (as defined in the Loan Agreement) and the provisions, terms and conditions of this
Instrument. 
 PROVIDED, HOWEVER, if Borrower shall pay and perform (or cause to be paid or performed) the Obligations as
provided for in the Documents (defined below) and shall comply (or cause Property Manager to comply with) with all the provisions, terms and conditions in the Documents, these presents and the estates hereby granted (except for the obligations of
Borrower set forth in Sections 3.11 and 3.12 and Article VIII of the Loan Agreement) shall cease, terminate and be void. 
 IN
FURTHERANCE of the foregoing, Borrower warrants, represents, covenants and agrees as follows: 
 ARTICLE I - OBLIGATIONS;
DOCUMENTS; INCORPORATION; DEFINITIONS 
 Section 1.01 Obligations. This Instrument is executed, acknowledged, and
delivered by Borrower to secure and enforce the following obligations (collectively, the “Obligations”): 
 (a)
Payment of all obligations, indebtedness and liabilities under the Documents including (i) the Prepayment Premium, (ii) interest at both the Note Rate and at the Default Rate, if applicable and to the extent permitted by Laws, and
(iii) renewals, extensions, and amendments of the Documents; 
 (b) Performance of every obligation, covenant, and
agreement under the Documents including renewals, extensions, and amendments of the Documents; and 
 (c) Payment of all sums
advanced (including costs and expenses) by Lender pursuant to the Documents including renewals, extensions, and amendments of the Documents. 

Section 1.02 Documents; Incorporation. The “Documents” shall mean this Instrument, the Loan Agreement, the Note, the
Assignment, the Environmental Indemnity, and any other written agreement executed by Borrower or any guarantor in connection with the Loan (but excluding the Loan application and Loan commitment) and by the party against whom enforcement is sought,
including those given to evidence or further secure the payment and performance of any of the Obligations, and any written 

  
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renewals, extensions, and amendments of the foregoing, executed by the party against whom enforcement is sought. All of the provisions of the other Documents (including, without limitation, the
limited and full recourse liability provisions of Article VIII of the Loan Agreement) are incorporated into this Instrument to the same extent and with the same force as if fully set forth in this Instrument. 

Section 1.03 Definitions. All capitalized terms not defined herein shall have the respective meanings set forth in the Loan Agreement.
The terms set forth below are defined in the following sections of this Instrument: 
  

			
	Assignment	  	Recitals, Section 4(B)
	Bankruptcy Code	  	Recitals, Section 4(A)(ix)
	Borrower	  	Preamble
	Borrowers	  	Recitals, Section 1
	Documents	  	Section 1.02
	Future Advance	  	Section 6.01
	Improvements	  	Recitals, Section 4(A)(ii)
	Instrument	  	Preamble
	K.S.A.	  	Section 6.01
	Land	  	Recitals, Section 4(A)(i)
	Leases	  	Recitals, Section 4(A)(ix)
	Lender	  	Preamble
	Loan	  	Recitals, Section 2
	Loan Agreement	  	Recitals, Section 3
	Note	  	Recitals, Section 2
	Notice	  	Section 5.02
	Obligations	  	Section 1.01
	Other Documents	  	Section 7.01(a)
	Other Indebtedness	  	Section 7.01(b)
	Other Mortgages	  	Section 7.01(c)
	Other Notes	  	Section 7.01(d)
	Other Obligations	  	Section 7.01(e)
	Other Properties	  	Recitals, Section 1
	Other Subordinate Assignments	  	Section 7.01(g)
	Other Subordinate Mortgages	  	Section 7.01(h)
	Personal Property	  	Section 3.02(j)
	Property	  	Recitals, Section 4(A)
	Related Borrowers	  	Recitals, Section 1
	Rents	  	Recitals, Section 4(A)(x)
	Subordinate Assignment	  	Section 7.01(i)
	Subordinate Mortgage	  	Section 7.01(j)
	Tenant	  	Recitals, Section 4(A)(vi)

 ARTICLE II - SALE, TRANSFER, OR ENCUMBRANCE OF THE PROPERTY 

Section 2.01 Due-on-Sale or Encumbrance. It shall be an Event of Default and, at the sole option of Lender, Lender may accelerate the
Obligations, and the entire Obligations (including any Prepayment Premium) shall become immediately due and payable, if, without Lender’s prior written consent (which consent may be given or withheld for any or for no reason or given
conditionally, in Lender’s sole discretion), any of the events set forth in Section 5.01 of the Loan Agreement shall occur. 

  
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 ARTICLE III - DEFAULTS AND REMEDIES 

Section 3.01 Events of Default. The occurrence of an Event of Default (as such term is defined in Section 6.01 of the Loan
Agreement) shall constitute, at Lender’s option, an Event of Default under this Instrument and the other Documents. 

Section 3.02 Remedies. If an Event of Default occurs, Lender or any person designated by Lender may (but shall not be obligated to)
take any enforcement action (separately, concurrently, cumulatively, and at any time and in any order) permitted under any Laws, without notice, demand, presentment, or protest (all of which are hereby waived), to protect and enforce Lender’s
rights under the Documents or Laws including the following actions: 
 (a) accelerate and declare the entire unpaid Obligations
immediately due and payable, except for defaults under Sections 6.01(f), 6.01(g), 6.01(h), or 6.01(i) of the Loan Agreement which shall automatically make the Obligations immediately due and payable; 

(b) judicially or otherwise, (i) completely foreclose this Instrument or (ii) partially foreclose this Instrument for any
portion of the Obligations due and the lien and security interest created by this Instrument shall continue unimpaired and without loss of priority as to the remaining Obligations not yet due; 

(c) sell for cash or upon credit the Property and all right, title and interest of Borrower therein and rights of redemption thereof,
pursuant to power of sale; 
 (d) recover judgment on the Note either before, during or after any proceedings for the
enforcement of the Documents and without any requirement of any action being taken to (i) realize on the Property or (ii) otherwise enforce the Documents; 
 (e) seek specific performance of any provisions in the Documents; 
 (f) apply for
the appointment of a receiver, custodian, trustee, liquidator, or conservator of the Property without (i) notice to any person, (ii) regard for (A) the adequacy of the security for the Obligations or (B) the solvency of Borrower
or any person liable for the payment of the Obligations; and Borrower and any person so liable waives or shall be deemed to have waived the foregoing and any other objections to the fullest extent permitted by Laws and consents or shall be deemed to
have consented to such appointment; 
 (g) with or without entering upon the Property, (i) exclude Borrower and any person
from the Property without liability for trespass, damages, or otherwise; (ii) take possession of, and Borrower shall surrender on demand, all books, records, and accounts relating to the Property; (iii) give notice to Tenants or any
person, make demand for, collect, receive, sue for, and recover in its own name all Rents and cash collateral derived from the Property; (iv) use, operate, manage, preserve, control, and otherwise deal with every aspect of the Property, subject
to applicable Laws, including (A) conducting its business, (B) insuring it, (C) making all repairs, renewals, replacements, alterations, additions, and improvements to or on it, (D) completing the construction of any Improvements
in manner and form as Lender deems advisable, and (E) executing, modifying, enforcing, and terminating new and existing Leases on such terms as Lender deems advisable and evicting any Tenants in default; (v) apply the receipts from the
Property to payment of the Obligations, in any order or priority determined by Lender, after first deducting all Costs, expenses, and liabilities incurred by Lender in connection with the foregoing operations and all amounts needed to pay

  
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the Impositions and other expenses of the Property, as well as just and reasonable compensation for the services of Lender and its attorneys, agents, and employees; and/or (vi) in every case
in connection with the foregoing, exercise all rights and powers of Borrower or Lender with respect to the Property, either in Borrower’s name or otherwise; 
 (h) release any portion of the Property for such consideration, if any, as Lender may require without, as to the remainder of the Property, impairing or affecting the lien or priority of this Instrument
or improving the position of any subordinate lienholder with respect thereto, except to the extent that the Obligations shall have been actually reduced, and Lender may accept by assignment, pledge, or otherwise any other property in place thereof
as Lender may require without being accountable for so doing to any other lienholder; 
 (i) apply any Deposits to the following
items in any order and in Lender’s sole discretion: (A) the Obligations, (B) Costs, (C) advances made by Lender under the Documents, and/or (D) Impositions; 

(j) take all actions permitted under the U.C.C. of the State of Kansas including (i) the right to take possession of all tangible
and intangible personal property now or hereafter included within the Property (the “Personal Property”) and take such actions as Lender deems advisable for the care, protection and preservation of the Personal Property and
(ii) request Borrower at its expense to assemble the Personal Property and make it available to Lender at a convenient place acceptable to Lender. Any notice of sale, disposition or other intended action by Lender with respect to the Personal
Property sent to Borrower at least ten (10) Business Days prior to such action shall constitute commercially reasonable notice to Borrower; or 
 (k) take any other action permitted under any Laws. 
 If Lender exercises any of
its rights under Section 3.02(g), Lender shall not (a) be deemed to have entered upon or taken possession of the Property except upon the exercise of its option to do so, evidenced by its demand and overt act for such purpose; (b) be
deemed a beneficiary or mortgagee in possession by reason of such entry or taking possession; nor (c) be liable (i) to account for any action taken pursuant to such exercise other than for Rents actually received by Lender, (ii) for
any loss sustained by Borrower resulting from any failure to lease the Property, or (iii) any other act or omission of Lender except for losses caused by Lender’s willful misconduct or gross negligence. Borrower hereby consents to,
ratifies, and confirms the exercise by Lender of its rights under this Instrument and appoints Lender as its attorney-in-fact, which appointment shall be deemed to be coupled with an interest and irrevocable, for such purposes. 

Section 3.03 Expenses. All Costs, expenses, allocated or accrued fees, or other amounts paid or incurred by Lender in the exercise of
its rights under the Documents, which are reimbursable or payable to Lender by Borrower under the Documents, together with interest thereon at the applicable interest rate specified in the Loan Agreement, which shall be the Default Rate unless
prohibited by Laws, shall be (a) part of the Obligations, (b) secured by this Instrument, and (c) allowed and included as part of the Obligations in any foreclosure, decree for sale, power of sale, or other judgment or decree
enforcing Lender’s rights under the Documents. 
 Section 3.04 Rights Pertaining to Sales. To the extent permitted under
(and in accordance with) any Laws, the following provisions shall, as Lender may determine in its sole discretion, apply to any sales of the Property under this Article III, whether by judicial proceeding, judgment, decree, power of sale,
foreclosure or otherwise: (a) Lender may conduct a single sale of the Property or multiple sales of any part 

  
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of the Property in separate tracts or in its entirety or any other manner consistent with applicable Laws as Lender deems in its best interests and Borrower waives any right to require otherwise;
(b) if Lender elects more than one sale of the Property, Lender may at its option cause the same to be conducted simultaneously or successively, on the same day or on such different days or times and in such order as Lender may deem to be in
its best interests, no such sale shall terminate or otherwise affect the lien of this Instrument on any part of the Property not then sold, and Borrower shall pay the costs and expenses of each such sale; (c) any sale may be postponed or
adjourned by public announcement at the time and place appointed for such sale or for such postponed or adjourned sale without further notice; or such sale may occur, without further notice, at the time fixed by the last postponement or a new notice
of sale may be given; and (d) Lender may acquire the Property and, in lieu of paying cash, may pay by crediting against the Obligations the amount of its bid, after deducting therefrom any sums which Lender is authorized to deduct under the
provisions of the Documents. After any such sale, Lender shall deliver to the purchaser at such sale a deed conveying the property so sold, but without any covenant or warranty, express or implied. The recitals in any such deed of any matters or
facts shall be conclusive proof of the truthfulness thereof. Any person, including Borrower or Lender, may purchase at such sale. 

Section 3.05 Application of Proceeds. Any proceeds received from any sale or disposition under this Article III or otherwise, together
with any other sums held by Lender, shall, except as expressly provided to the contrary, be applied in the order determined by Lender to: (a) payment of all Costs and expenses of any enforcement action or foreclosure sale, transfer of title by
power of sale, or otherwise, including interest thereon at the applicable interest rate specified in the Loan Agreement, which shall be the Default Rate unless prohibited by Laws, (b) all taxes, Assessments, and other charges unless the
Property was sold subject to these items; (c) payment of the Obligations in such order as Lender may elect; (d) payment of any other sums secured or required to be paid by Borrower; and (e) payment of the surplus, if any, to any
person lawfully entitled to receive it. Borrower and Lender intend and agree that during any period of time between any foreclosure judgment that may be obtained and the actual foreclosure sale that the foreclosure judgment will not extinguish the
Documents or any rights contained therein including the obligation of Borrower to pay all Costs and to pay interest at the applicable interest rate specified in the Loan Agreement, which shall be the Default Rate unless prohibited by Laws.

 Section 3.06 Additional Provisions as to Remedies. No failure, refusal, waiver, or delay by Lender to exercise any rights
under the Documents upon any default or Event of Default shall impair Lender’s rights or be construed as a waiver of, or acquiescence to, such or any subsequent default or Event of Default. No recovery of any judgment by Lender and no levy of
an execution upon the Property or any other property of Borrower shall affect the lien and security interest created by this Instrument and such liens, rights, powers, and remedies shall continue unimpaired as before. Lender may resort to any
security given by this Instrument or any other security now given or hereafter existing to secure the Obligations, in whole or in part, in such portions and in such order as Lender may deem advisable, and no such action shall be construed as a
waiver of any of the liens, rights, or benefits granted hereunder. Acceptance of any payment after any Event of Default shall not be deemed a waiver or a cure of such Event of Default and such acceptance shall be deemed an acceptance on account
only. If Lender has started enforcement of any right by foreclosure, sale, entry, or otherwise and such proceeding shall be discontinued, abandoned, or determined adversely for any reason, then Borrower and Lender shall be restored to their former
positions and rights under the Documents with respect to the Property, subject to the lien and security interest hereof. 

Section 3.07 Waiver of Rights and Defenses. To the fullest extent Borrower may do so under Laws, Borrower (a) will not at any
time insist on, plead, claim, or take the benefit of any statute or rule of law now or later enacted providing for any appraisement, valuation, stay, extension, moratorium, redemption, or any statute of limitations; (b) for itself, its
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interest in the Property (other than Lender), waives and releases all rights of redemption, reinstatement, valuation, appraisement, notice of intention to mature or declare due the whole of the
Obligations, all rights to a marshaling of the assets of Borrower, including the Property, or to a sale in inverse order of alienation, in the event of foreclosure (or extinguishment by transfer of title by power of sale) of the liens and security
interests created under the Documents; (c) shall not be relieved of its obligation to pay the Obligations as required in the Documents nor shall the lien or priority of the Documents be impaired by any agreement renewing, extending, or
modifying the time of payment or the provisions of the Documents (including a modification of any interest rate), unless expressly released, discharged, or modified by such agreement. Regardless of consideration and without any notice to or consent
by the holder of any subordinate lien, security interest, encumbrance, right, title, or interest in or to the Property, Lender may (a) release any person liable for payment of the Obligations or any portion thereof or any part of the security
held for the Obligations or (b) modify any of the provisions of the Documents without impairing or affecting the Documents or the lien, security interest, or the priority of the modified Documents as security for the Obligations over any such
subordinate lien, security interest, encumbrance, right, title, or interest. 
 Section 3.08 Additional Credit Bidding.
In connection with any sale of the Property pursuant to Section 363 of the Bankruptcy Code or any plan under the Bankruptcy Code, Lender shall have the right to acquire the Property and, in lieu of paying cash, Lender shall have the
right (at its option) to pay by crediting against the Obligations the amount of its bid, after deducting therefrom any sums which Lender is authorized to deduct under the provisions of the Documents. 

ARTICLE IV - SECURITY AGREEMENT 
 Section 4.01 Security Agreement. This Instrument constitutes both a real property mortgage and a “security agreement” within the meaning of the U.C.C. The Property includes
real and personal property and all tangible and intangible rights and interest of Borrower in the Property. Borrower grants to Lender, as security for the Obligations, a security interest in the Personal Property to the fullest extent that the
Personal Property may be subject to the U.C.C. Borrower authorizes Lender to file any financing or continuation statements and amendments thereto relating to the Personal Property without the signature of Borrower if permitted by Laws. 

ARTICLE V - ADDITIONAL PROVISIONS 
 Section 5.01 Usury Savings Clause. Without limiting Section 1.02 above, the provisions of Section 9.01 of the Loan Agreement are hereby incorporated by reference into this
Instrument to the same extent and with the same force as if fully set forth herein. 
 Section 5.02 Notices. Any notice,
request, demand, consent, approval, direction, agreement, or other communication (any “notice”) required or permitted under the Documents shall be in writing and shall be validly given if sent by a nationally-recognized courier that
obtains receipts, delivered personally by a 

  
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courier that obtains receipts, or mailed by United States certified mail (with return receipt requested and postage prepaid) addressed to the applicable person as follows: 

 

			
	 If to Borrower:
  

CHP LEAWOOD KS MOB OWNER, LLC
 c/o CNL Healthcare
Properties, Inc.
 450 South Orange Avenue
 Orlando, Florida 32801
 Attention:      Joseph T. Johnson, SVP and
CFO,
                       and
Holly J. Greer, SVP and

                      General
Counsel
	  	 With a copy of notices sent to Borrower to:
  

LOWNDES, DROSDICK, DOSTER, KANTOR
 & REED,
P.A.
 215 N. Eola Drive
 Orlando,
Florida 32801
 Attention:  Peter Luis Lopez, Esq.

	  
 If to Lender:

 
 THE PRUDENTIAL INSURANCE COMPANY

OF AMERICA
 c/o Prudential Asset Resources,
Inc.
 2100 Ross Avenue, Suite 2500

Dallas, Texas 75201
 Attention: Asset Management
Department
 Reference Loan No. 706109202
	  	  
 With a copy of notices sent to Lender to:

 
 THE PRUDENTIAL INSURANCE COMPANY

OF AMERICA
 c/o Prudential Asset Resources,
Inc.
 2100 Ross Avenue, Suite 2500

Dallas, Texas 75201
 Attention: Legal
Department
 Reference Loan No. 706109202

 Each notice shall be effective upon being so sent, delivered, or mailed, but the time period for response
or action shall run from the date of receipt as shown on the delivery receipt. Refusal to accept delivery or the inability to deliver because of a changed address for which no notice was given shall be deemed receipt. Any party may periodically
change its address for notice and specify up to two (2) additional addresses for copies by giving the other party at least ten (10) days’ prior notice. 
 Section 5.03 Applicable Law and Submission to Jurisdiction. This Instrument shall be governed by and construed in accordance with the laws of the State of Kansas and the applicable laws
of the United States of America. Without limiting Lender’s right to bring any Action (as defined in the Loan Agreement) in the courts of other jurisdictions, Borrower irrevocably (a) submits to the jurisdiction of any state or federal
court in the State of Kansas, (b) agrees that any Action may be heard and determined in such court, and (c) waives, to the fullest extent permitted by Laws, the defense of an inconvenient forum to the maintenance of any Action in such
jurisdiction. 
 Section 5.04 Transfer of Loan. 
 (a) Lender may, at any time, (i) sell, transfer or assign the Documents and any servicing rights with respect thereto or (ii) grant participations therein or issue Securities (as defined in the
Loan Agreement). Lender may forward to any Investors (as defined in the Loan Agreement), to any Rating Agency (as defined in the Loan Agreement) rating such Securities and to any prospective Investor, all documents and information which Lender now
has or may later acquire relating to the Obligations, Borrower, any guarantor, any indemnitor(s), the Leases, and the Property, whether furnished by Borrower, any guarantor, any indemnitor(s) or otherwise, as Lender determines advisable. Borrower,
any guarantor and any indemnitor of Borrower’s obligations under the Documents agree to cooperate with Lender in connection with any transfer made or any Securities created pursuant to this Section 5.04 including the delivery of an
estoppel certificate in accordance with Section 3.16 of the Loan Agreement and such other documents as may be reasonably requested by Lender. Borrower shall also furnish consent of any Borrower, any guarantor and any indemnitor in order to
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prospective Investors or such Rating Agency with any and all information concerning the Property, the Leases, the financial condition of Borrower, any guarantor and any indemnitor, as may be
reasonably requested by Lender, any Investor, any prospective Investor or any Rating Agency and which may be complied with without undue expense. 
 (b) Borrower agrees that upon any assignment or transfer of the Documents by Lender to any third party, Lender shall have no obligations or liabilities under the Documents for the period from and after
such assignment or transfer, such third party shall be substituted as the lender under the Documents for all purposes, and Borrower shall look solely to such third party for the performance of any obligations under the Documents or with respect to
the Loan arising from and after the date of such assignment or transfer. 
 (c) Upon an assignment or other transfer of the
Documents, Lender may, at its discretion, pay over the Deposits in its possession and deliver all other collateral mortgaged, granted, pledged or assigned pursuant to the Documents, or any part thereof, to the transferee who shall thereupon become
vested with all the rights herein or under applicable law given to Lender with respect thereto, and Lender shall thereafter forever be relieved and fully discharged from any liability or responsibility in the matter; but Lender shall retain all
rights hereby given to it with respect to any liabilities and the collateral not so transferred to Borrower or to the assignee or transferee of the Documents. If the Deposits are transferred or assigned to the assignee or transferee, then Borrower
shall then look solely to such assignee or transferee with respect thereto. This provision shall apply to every transfer of the Deposits and any other collateral mortgaged, granted, pledged or assigned pursuant to the Documents, or any part thereof,
to a new assignee or transferee. Subject to the provisions of Section 5.01 of the Loan Agreement, a transfer of title to the Land shall automatically transfer to the new owner the beneficial interest in the Deposits. 

Section 5.05 Miscellaneous. If any provision of the Documents shall be held to be invalid, illegal, or unenforceable in any respect,
this shall not affect any other provisions of the Documents and such provision shall be limited and construed as if it were not in the Documents. If title to the Property becomes vested in any person other than Borrower, then Lender may, without
notice to Borrower, deal with such person regarding the Documents or the Obligations in the same manner as with Borrower without in any way vitiating or discharging Borrower’s liability under the Documents or being deemed to have consented to
the vesting. If both the lessor’s and lessee’s interest under any Lease ever becomes vested in any one person, this Instrument and the lien and security interest created hereby shall not be destroyed or terminated by the application of the
doctrine of merger, and Lender shall continue to have and enjoy all its rights and privileges as to each separate estate. Upon foreclosure (or transfer of title by power of sale) of this Instrument, none of the Leases shall be destroyed or
terminated as a result of such foreclosure (or transfer of title by power of sale), by application of the doctrine of merger or as a matter of law, unless Lender takes all actions required by law to terminate the Leases as a result of foreclosure
(or transfer of title by power of sale). All of Borrower’s covenants and agreements under the Documents shall run with the land and time is of the essence. Borrower appoints Lender as its attorney-in-fact, which appointment is irrevocable and
shall be deemed to be coupled with an interest, with respect to the execution, acknowledgment, delivery, filing or recording for and in the name of Borrower of any of the documents listed in Sections 3.04, 3.19, 4.01, and 6.02 of the Loan Agreement.
The Documents cannot be amended, terminated, or discharged except in a writing signed by the party against whom enforcement is sought. No waiver, release, or other forbearance by Lender will be effective unless it is in a writing signed by Lender
and then only to the extent expressly stated. The provisions of the Documents shall be binding upon Borrower and its heirs, devisees, representatives, successors, and assigns including successors in interest to the Property and inure to the benefit
of Lender and its heirs, successors, substitutes, and assigns. Where two or more persons have executed the Documents, the obligations of such persons shall be joint and several, except to the extent the

  
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context clearly indicates otherwise. The Documents may be executed in any number of counterparts with the same effect as if all parties had executed the same document. All such counterparts shall
be construed together and shall constitute one instrument, but in making proof hereof it shall only be necessary to produce one such counterpart. Upon receipt of an affidavit of an officer of Lender or Borrower, as the case may be, as to the loss,
theft, destruction or mutilation of any Document which is not of public record, and, in the case of any mutilation, upon surrender and cancellation of the Document, Borrower or Lender, as the case may be, will issue, in lieu thereof, a replacement
Document, dated the date of the lost, stolen, destroyed or mutilated Document containing the same provisions. Any reviews, inspections, reports, approvals or similar items conducted, made or produced by or on behalf of Lender with respect to
Borrower, the Property or the Loan are for loan underwriting and servicing purposes only, and shall not constitute an acknowledgment, representation or warranty of the accuracy thereof, or an assumption of liability with respect to Borrower,
Borrower’s contractors, architects, engineers, employees, agents or invitees, present or future tenants, occupants or owners of the Property, or any other party. 
 Section 5.06 Entire Agreement. Except as provided in Section 3.17 of the Loan Agreement, (a) the Documents constitute the entire understanding and agreement between Borrower
and Lender with respect to the Loan and supersede all prior written or oral understandings and agreements with respect to the Loan including the Loan application and Loan commitment, and (b) Borrower is not relying on any representations or
warranties of Lender except as expressly set forth in the Documents. 
 Section 5.07 WAIVER OF TRIAL BY JURY. EACH OF
BORROWER AND LENDER HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, THE RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM FILED BY EITHER PARTY, WHETHER IN CONTRACT, TORT OR OTHERWISE, RELATING DIRECTLY OR INDIRECTLY TO THE
LOAN, THE DOCUMENTS, OR ANY ALLEGED ACTS OR OMISSIONS OF LENDER OR BORROWER IN CONNECTION THEREWITH. 
 ARTICLE VI - LOCAL LAW
PROVISIONS 
 Section 6.01 Waiver of Redemption. Without limiting the generality of any other waivers contained in this
Instrument, Mortgagor expressly waives all rights of redemption under Kansas Statutes Annotated (“K.S.A.”) § 60-2414. 

Section 6.02 Power of Sale References. The provisions of Article V and Article VII of this Instrument are uniform provisions for use
in more than one jurisdiction. For purposes of this Instrument serving as a mortgage covering real estate located in the State of Kansas, provisions assuming or implying the availability of foreclosure by power of sale shall be deemed to be
qualified by the phrase “to the extent, if any, such power of sale is permitted under applicable law”. 
 Section 6.03
Attorney’s Fees and Collection Costs. Notwithstanding anything to the contrary contained in this Instrument or the other Documents, Lender shall not be entitled under any provision of this Instrument or the other Documents to recover
from Borrower costs of collection to the extent (a) such costs include costs that were incurred by a salaried employee of Lender or its assignee or (b) such recovery would result in payment by Borrower of both attorneys’ fees and
collection agency fees. 
 Section 6.04 Future Advances. This Instrument secures future advances under the Note and the Loan
Agreement pursuant to K.S.A. § 58-2336. The maximum amount secured by this Instrument shall in no event exceed $4,510,000.00. 

  
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Prudential Loan No. 706109202 
 CNL MOB Portfolio

 Mortgage and Security Agreement 

(Doctors Specialty Hospital - First) 

 Section 6.05 Business Purposes. The Loan secured by this Instrument is a “business
loan” within the meaning of K.S.A. § 16-207. 
 ARTICLE VII - SPECIAL PROVISIONS 

Section 7.01 Other Definitions. As used in this Instrument, the following terms shall have the following meanings: 

(a) Other Documents: The Other Notes, the Loan Agreement (as it relates to the Other Indebtedness), the Subordinate
Mortgage, the Other Subordinate Mortgages, the Subordinate Assignment, the Other Subordinate Assignments, and all other documents evidencing, securing or relating to the payment of the Other Indebtedness or performance of the Other Obligations.

 (b) Other Indebtedness: The loans from Lender to Borrowers evidenced by the Other Notes. 

(c) Other Mortgages: Those certain other mortgages and deeds of trust dated as of the date of this Instrument, executed by one or
more of Related Borrowers, for the benefit of Lender, securing the Other Obligations and encumbering the Other Properties. 

(d) Other Notes: Collectively, all of the promissory notes defined and identified from time to time in the Loan Agreement
as the “Notes,” with the exception of that certain promissory note defined herein as the “Note,” as the same are amended, renewed, extended, supplemented, restated or otherwise modified from time to time in accordance with the
provisions of the Loan Agreement or such promissory note. 
 (e) Other Obligations: Any and all covenants, promises, and
other obligations (including payment of the Other Indebtedness) made or owing by Borrowers to or due to Lender under and/or as set forth in the Other Documents, and all of the material covenants, promises, and other material obligations made or
owing by Borrowers to each and every other Person relating to the Property, exclusive of the Obligations. 
 (f) Other
Properties: As defined in Recitals, Section 1. 
 (g) Other Subordinate Assignments: Those certain other
second priority assignments of leases and rents dated as of the date of this Instrument, executed by one or more of Related Borrowers, for the benefit of Lender, securing the Other Obligations. 

(h) Other Subordinate Mortgages: Those certain other second priority mortgages and deeds of trust dated as of the date of this
Instrument, executed by one or more of Related Borrowers, for the benefit of Lender, securing the Other Obligations. 
 (i)
Subordinate Assignment: The Assignment of Leases and Rents (Doctors Specialty Hospital – Second) dated as of the date of this Instrument, executed by Borrower, for the benefit of Lender securing the Other Obligations. 

(j) Subordinate Mortgage: The Mortgage and Security Agreement (Doctors Specialty Hospital – Second) dated as of the
date of this Instrument, executed by Borrower for the benefit of Lender, securing the Other Obligations. 

  
 12 

Prudential Loan No. 706109202 
 CNL MOB Portfolio

 Mortgage and Security Agreement 

(Doctors Specialty Hospital - First) 

 Section 7.02 Cross Default and Notice Provisions. Any Event of Default under any of the
Other Documents shall constitute, at Lender’s option, an Event of Default under the Documents. Any Event of Default under any of the Documents shall constitute, at Lender’s option, an Event of Default under the Other Documents. In the
event of a default under any of the Documents or any of the Other Documents, Borrower hereby acknowledges and agrees that: (A) Lender shall only be obligated to send one (1) notice of default to any one of Borrowers; and (B) said
notice shall be deemed notice to all Borrowers under all of the Documents and all of the Other Documents. 
 Section 7.03 Application
of Funds. At any time that Lender has the right or option hereunder to apply any funds in its possession (to the extent permitted by applicable Laws) to the Obligations following the occurrence of an Event of Default under any of the
Documents or under the Other Documents, Lender shall be entitled to apply such amounts (to the extent permitted by applicable Laws) to the Note or any of the Other Notes, regardless of whether under the terms of such note(s) such amounts are then
due and payable. 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

[SIGNATURES ON FOLLOWING PAGE] 

  
 13 

Prudential Loan No. 706109202 
 CNL MOB Portfolio

 Mortgage and Security Agreement 

(Doctors Specialty Hospital - First) 

 IN WITNESS WHEREOF, the undersigned has executed this Instrument as of the day first set
forth above. 
  

			
	BORROWER:
	
	 CHP LEAWOOD KS MOB OWNER, LLC,
 a Delaware limited liability company

		
	By:	 	 /s/ Joshua J. Taube     [SEAL]

	Name:	 	Joshua J. Taube
	Title:	 	Vice President

  

					
	STATE OF GEORGIA	 	      )	 	
		 		 	                    ) SS.
	COUNTY OF FULTON	 	      )	 	

 This Assignment was acknowledged before me on the 15th day of August, 2013, by Joshua J. Taube, as Vice President of CHP
Leawood KS MOB Owner, LLC, a Delaware limited liability company. 
  

	
	 /s/ Darlene S. Nutter

	Notary Public
	
	 Darlene S. Nutter

	Printed Name
	
	 September 5, 2015

	My Commission expires

 [SEAL] 

  
 1 

Prudential Loan No. 706109202 
 CNL MOB Portfolio

 Mortgage and Security Agreement 

(Doctors Specialty Hospital - First) 

 EXHIBIT A 

LEGAL DESCRIPTION 
 (Doctors Specialty Hospital) 
 [Intentionally Omitted] 

EXHIBIT B 
 DESCRIPTION OF PERSONAL PROPERTY SECURITY 
 [Intentionally Omitted]

  
 Prudential Loan No. 706109202

 CNL MOB Portfolio 
 Mortgage and
Security Agreement 
 (Doctors Specialty Hospital - First)

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