Document:

Exhibit 10.16

 

AMENDED AND RESTATED SECURITY AGREEMENT

(LEASE NO. 3)

 

THIS AMENDED AND RESTATED SECURITY AGREEMENT (this “Agreement”)
is entered into as of the 30th day of June, 2008 by and among FIVE STAR QUALITY CARE TRUST, a Maryland
business trust (“Tenant”), and SNH
SOMERFORD PROPERTIES TRUST, a Maryland real estate investment trust, SPTIHS PROPERTIES TRUST, a Maryland real
estate investment trust and SPTMNR PROPERTIES
TRUST, a Maryland real estate investment trust  (together with their successors and assigns,
collectively, the “Secured Parties”).

 

W  I  T  N  E  S
S  E  T  H:

 

WHEREAS, the Secured
Parties and Tenant are parties to that certain Second Amended and Restated
Lease Agreement, dated as of November 19, 2004, as the same has been
amended to date (as so amended, the “Original Lease”); and

 

WHEREAS, in connection
with the Original Lease, Tenant and the Secured Parties are parties to that
certain Security Agreement, dated as of December 31, 2001 and that certain
Security Agreement, dated as of October 25, 2002, as each has been
confirmed from time to time (as so confirmed, the “Original Security
Agreements”), pursuant to which Tenant granted to the Secured Parties a
first and perfected lien and security interest in certain collateral related to
the properties demised under the Original Lease; and

 

WHEREAS, as of the
date hereof, the Secured Parties and Tenant are amending, restating and
bifurcating the Original Lease into two separate leases, one of which shall be
named the Amended and Restated Master Lease Agreement (Lease No. 3), (the “Amended
Lease No. 3”); and

 

WHEREAS, pursuant to  the Amended Lease No. 3, Tenant is
required to grant to the Secured Parties a first and perfected lien and
security interest in certain collateral related to the properties demised under
the Amended Lease No. 3; and

 

WHEREAS, in connection
with the foregoing, Tenant and the Secured Parties wish to amend and restate
the Original Security Agreements into two separate security agreements, one of
which shall act as security for the payment and performance of the

 

 

Obligations (as hereinafter defined), all subject to
and upon the terms and conditions herein set forth; and

 

NOW, THEREFORE, in consideration of the mutual covenants
herein contained and other good and valuable consideration, the mutual receipt
and legal sufficiency of which are hereby acknowledged, Tenant and the Secured
Parties hereby agree that the Original Security Agreements are hereby amended
and restated, effective as of the date hereof, to read as follows:

 

Section 1.    Definitions.  As used in this Agreement, the following
terms shall have the meanings specified below. 
Except as otherwise defined, terms defined in the Uniform Commercial
Code and used herein without definition shall have the meanings given such terms
in the Uniform Commercial Code.

 

“Affiliated Person”
shall have the meaning given such term in the Amended Lease No. 3.

 

“Amended Lease No. 3” shall have the meaning
given such term in the recitals to this Agreement.

 

“Business Day”
shall have the meaning given such term in the Amended Lease No. 3.

 

“Collateral” shall mean all of Tenant’s
right, title and interest in and under or arising out of all and any personal
property, intangibles and fixtures of any type or description (other than
Excluded Collateral), wherever located and now existing or hereafter arising,
or which constitute or arise from the operation, maintenance or repair of the
Leased Property or any portion thereof, together with any and all additions and
accessions thereto and replacements, products, proceeds (including, without
limitation, proceeds of insurance) and supporting obligations thereof,
including, but not limited to, the following:

 

(a)                            all
goods, including, without limitation, all Equipment; and

 

(b)                                 all
General Intangibles; and

 

(c)                                  all
other personal property or fixtures of any nature whatsoever which relate to
the operation, maintenance or repair of the Leased Property, or any portion
thereof, and all property from time to time described in any financing
statement signed by Tenant naming the Secured Parties as secured parties; and

 

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(d)                                 all
claims, rights, powers or privileges and remedies relating to the foregoing or
arising in connection therewith, including, without limitation, all Licenses
and Permits which Tenant legally may grant a security interest in, rights to
make determinations, to exercise any election (including, but not limited to,
election of remedies) or option or to give or receive any notice, consent, waiver
or approval; all liens, security, guaranties, endorsements, warranties and
indemnities and all insurance, eminent domain and condemnation awards and
claims therefor relating thereto or arising in connection therewith; all rights
to property forming the subject matter of any of the foregoing, including,
without limitation, rights to stoppage in transit and rights to returned
or repossessed property; all writings relating to the foregoing or arising in
connection therewith; and

 

(e)                                  all
contract rights, general intangibles and other property rights of any nature
whatsoever arising out of or in connection with any of the foregoing (other
than Excluded Collateral), including, without limitation, payments due or to
become due, whether as repayments, reimbursements, contractual obligations,
indemnities, damages or otherwise.

 

“Equipment” shall mean all buildings,
structures, improvements, fixtures and items of machinery, equipment and other
tangible personal property which constitute, arise from or relate to the operation,
maintenance or repair of the Leased Property or any portion thereof, together
with all repairs, replacements, improvements, substitutions, extensions or
renewals thereof or additions thereto, all parts, additions and accessories
incorporated therein or affixed thereto, and all “equipment” as such term is
defined in the Uniform Commercial Code, and all cash and non-cash proceeds
therefrom.

 

“Event of Default” shall
have the meaning given such term in Section 6.

 

“Excluded Collateral”
shall mean (a) all Accounts of Tenant,
(b) all Deposit Accounts and Securities Accounts of Tenant, (c) all
Chattel Paper of Tenant, (d) all General Intangibles relating to such
Accounts or Chattel Paper, (e) all Support Obligations relating to any of
the foregoing, (f) all Instruments or Investment Property evidencing or
arising from any Accounts or Chattel Paper, (g) all documents, books,
records or other information pertaining to any of the foregoing 

 

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(including, without limitation, customer
lists, credit files, computer programs, printouts, tapes, discs, punch cards,
data processing software and other computer materials and records and related
property and rights), (h) all accessions to, substitutions for, and all replacements, products
and proceeds of the foregoing (including without limitation, proceeds of
insurance policies insuring any of the foregoing) and (i) any of the
sublease agreements relating to the Leased Property under which Tenant is a
party.

 

“Facilities”
shall have the meaning given such term in the Amended Lease No. 3.

 

“General Intangibles” shall mean all present and
future general intangibles and contract rights (other than Excluded Collateral)
which constitute, arise from or relate to the operation, maintenance or repair
of the Leased Property, or any portion thereof, including, but not limited to,
all causes of action, corporate or business records, inventions, designs,
patents, patent applications, trademarks, trademark registrations and applications
therefor, goodwill, trade names, trade secrets, trade processes, copyrights,
copyright registrations and applications therefor, franchises, customer lists,
computer programs, claims under guaranties, tax refund claims, rights and
claims against carriers and shippers, leases, claims under insurance policies,
all rights to indemnification and all other intangible personal property of
every kind and nature which constitutes, arises from or relates to the
operation, maintenance or repair of the Leased Property, or any portion
thereof.

 

“Instrument” shall have the meaning give
such term in Article 9 of the Uniform Commercial Code.

 

“Leased Property”
shall have the meaning given such term in the Amended Lease No. 3.

 

“Licenses” shall mean all certificates of need (if
any), licenses, permits, rights of use, covenants or rights otherwise
benefiting or permitting the use and operation of each applicable Property or
any part thereof pertaining to the operation, maintenance or repair of such
Property or any portion thereof.

 

“Obligations” shall
mean each and every obligation and liability of Tenant to the Secured Parties,
whether existing as of the date hereof or hereafter arising, under the Original
Lease or the Amended Lease No. 3 or any other document or 

 

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agreement executed and
delivered pursuant thereto, including, without limitation, the payment of the
rent and the payment and performance of each and every other obligation of
Tenant to the Secured Parties, whether existing as of the date hereof or
hereafter arising, whether direct or indirect, absolute or contingent, due or
to become due under the Original Lease or the Amended Lease No. 3.

 

“Original Lease”
shall have the meaning given such term in the recitals to this Agreement.

 

“Original Security
Agreements” shall have the meaning given such term in the
recitals to this Agreement.

 

“Overdue Rate”
shall have the meaning given to such term in the Amended Lease No. 3.

 

“Permits” shall mean all permits, approvals, consents,
waivers, exemptions, variances, franchises, orders, authorizations, rights and
licenses obtained or hereafter obtained from any federal, state or other
governmental authority or agency relating to the operation, maintenance or
repair, of each applicable Property, or any portion thereof.

 

“Person” shall
have the meaning given such term in the Amended Lease No. 3.

 

“Property”
shall have the meaning given such term in the Amended Lease No. 3.

 

“Rent” shall
have the meaning given such term in the Amended Lease No. 3.

 

“Secured Parties” shall have the meaning given such term in the
preamble to this Agreement.

 

“Tenant” shall have the meaning
given such term in the preamble to this Agreement.

 

“Uniform Commercial Code” means
Article 9 of the Uniform Commercial Code as in effect in the Commonwealth
of Massachusetts from time to time.

 

Section 2.    Security Interest.  As security for the prompt payment and
performance of all the Obligations, Tenant hereby grants, pledges, transfers
and assigns to the Secured Parties, their successors and assigns and all other
holders from time to time of the Obligations, a continuing security interest
under the Uniform Commercial Code from time to time in effect in the 

 

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jurisdiction in which any of
the Collateral is located in and a continuing lien upon all of Tenant’s right,
title and interest in the Collateral, together with any and all additions
thereto and replacements, products and proceeds thereof, whether now existing
or hereafter arising or acquired and wherever located.

 

Section 3.    General
Representations, Warranties and  Covenants.  Tenant represents, warrants and covenants,
which representations, warranties and covenants shall survive execution and
delivery of this Agreement, as follows:

 

(a)           Each of the warranties and
representations of Tenant contained herein, in the Amended Lease No. 3 or
in any other document executed in connection herewith or therewith are true and
correct on the date hereof.

 

(b)           Except for the lien granted to the
Secured Parties pursuant to this Agreement and any liens permitted under the
Amended Lease No. 3, Tenant is, and as to the Collateral acquired from
time to time after the date hereof Tenant will be, the owner of all the
Collateral free from any lien, security interest, encumbrance or other right,
title or interest of any Person, except for the security interest of the
Secured Parties therein, and Tenant shall defend the Collateral against all
claims and demands of all Persons at any time claiming the same or any interest
therein adverse to the Secured Parties. 
The lien granted in this Agreement by Tenant to the Secured Parties in
the Collateral is not prohibited by and does not constitute a default under any
agreements or other instruments constituting a part of the Collateral, and no
consent is required of any Person to effect such lien which has not been
obtained.

 

(c)           Except as permitted under the Amended
Lease No. 3, there is no financing statement (or similar statement or
instrument of registration under the law of any jurisdiction) now on file or
registered in any public office covering any interest of any kind in the
Collateral, or intended so to be, which has not been terminated, and so long as
this Agreement remains in effect or any of the Obligations or any obligations
of any Affiliated Person of Tenant to the Secured Parties remain unpaid, Tenant
will not execute and there will not be on file in any public office any
financing statement (or similar statement or instrument of registration under
the law of any jurisdiction) or 
statements relating to the Collateral, except financing statements filed
or to be filed in respect of and covering the security interest of the Secured
Parties.

 

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(d)           The chief executive office and the
principal place of business of Tenant are as set forth in Schedule 1 and
Tenant will not move its chief executive office or establish any other
principal place of business except to such new location as Tenant may establish
in accordance with this Section 3(d). The location of each Facility
comprising a portion of the Leased Property is as set forth in Schedule 2.  The originals of all documents evidencing
Collateral and the only original books of account and records of Tenant
relating thereto are, and will continue to be, kept at such chief executive
office or the applicable Facility, as the case may be, or at such new location
as Tenant may establish in accordance with this Section 3(d).  Tenant shall not move its chief executive
office or establish any other principal place of business until (i) Tenant
shall have given to the Secured Parties not less than ten (10) days’ prior
written notice of its intention to do so, which notice shall clearly describe
such new location and provide such other information in connection therewith as
the Secured Parties may reasonably request, and (ii) with respect to such
new location, Tenant shall have taken such action, satisfactory to the Secured
Parties (including, without limitation, all action required by Section 5),
to maintain the security interest of the Secured Parties in the Collateral.

 

(e)           All tangible personal property owned
on the date hereof by Tenant to be used in connection with the operation or
maintenance of the Leased Property, or any portion thereof, is located at each
applicable Property or is in transit to such Property from the vendor
thereof.  Tenant agrees that (i) all
such property held by Tenant on the date hereof, once at each applicable
Property, shall remain at such Property and (ii) all such property
subsequently acquired by Tenant shall immediately upon acquisition be
transferred to and remain at the applicable Property.

 

(f)            The corporate name and
organizational identification number of Tenant is set forth on the signature page hereto.  The name under which each of the Facilities
is operated is set forth on Schedule 2. 
Tenant shall not (i) change such name without providing the Secured
Parties with thirty (30) days’ prior written notice and making all filings and
taking all such other actions as the Secured Parties determines are necessary
or appropriate to continue or perfect the security interest granted hereunder, (ii) change
its corporate organizational number, nor (iii) conduct its business in any
other name or take title to any Collateral in any other name while this
Agreement remains in effect.  Except as
otherwise set forth on Schedule 1, Tenant has not ever had any 

 

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other name nor conducted business in any other name in any
jurisdiction.  Tenant is organized as a
Maryland business trust.  Subject to the
terms and conditions of the Amended Lease No. 3, Tenant shall not change
its organizational structure or jurisdiction of organization without giving at
least thirty (30) days’ prior written notice thereof to the Secured Parties.

 

(g)           The Secured Parties are authorized
(but are under no obligation) to make, upon ten (10) Business Days’ notice
to Tenant (except in the case of exigent circumstances, in which circumstances
upon such notice, if any, as may then be reasonably practical), any payments
which in the Secured Parties’ opinion are necessary to:

 

(i)                                     discharge
any liens which have or may take priority over the lien hereof; and

 

(ii)                                  pay
all premiums payable on the insurance policies referred to in the Amended Lease
No. 3 or any other document or agreement executed in connection therewith
or herewith, upon the failure of Tenant to make such payments within the time
permitted therein.

 

Tenant shall have no claim against the Secured
Parties by reason of its decision not to make any payments or perform such
obligations permitted under this Section 3(g).  Tenant shall repay to the Secured Parties any
sums paid by the Secured Parties upon demand. 
Any sums paid and expenses incurred by the Secured Parties pursuant to
this paragraph shall bear interest at the Overdue Rate.

 

(h)           If any of the Collateral at any time
becomes evidenced by an Instrument, Tenant shall promptly deliver such
Instrument to the Secured Parties, appropriately endorsed to the order of the
Secured Parties, to be held pursuant to this Agreement.

 

(i)            Tenant shall not sell, transfer,
change the registration, if any, of, dispose of, attempt to dispose of, or
substantially modify or abandon the Collateral or any material part thereof,
other than as permitted under the Amended Lease No. 3, without the prior
written consent of the Secured Parties. 
Except as permitted under the Amended Lease No. 3, Tenant shall not
create, incur, assume or suffer to exist any lien upon any of the Collateral
without the prior written consent of the Secured Parties.

 

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(j)            Tenant shall not assert against the
Secured Parties any claim or defense which Tenant may have against any seller
of the Collateral or any part thereof or against any Person with respect to the
Collateral or any part thereof.

 

(k)           Tenant shall, upon demand, pay to the
Secured Parties the amount of any and all reasonable expenses, including the
reasonable fees and expenses of its counsel and of any experts and agents,
which the Secured Parties may incur in connection with (i) the
administration of this Agreement, (ii) the custody or  preservation of, or the sale of, collection
from, or other realization upon, any of the Collateral, (iii) the exercise
or enforcement of any of the rights of the Secured Parties hereunder and under
such other agreements or (iv) the failure by Tenant to perform or observe
any of the provisions hereof.

 

(l)            Tenant shall indemnify and hold
harmless the Secured Parties from and against any and all liabilities,
obligations, losses, damages, penalties, actions, judgments, suits, costs,
expenses or disbursements of any kind and nature whatsoever which may be
imposed on, incurred by or asserted against the Secured Parties in any way
relating to or arising out of this Agreement or arising out of Tenant’s
obligations under any other documents contemplated by or referred to herein or
therein or the transactions contemplated hereby or thereby or the enforcement
of any of the terms hereof or of any such other documents.

 

Section 4.     Special
Provisions Concerning Equipment.  Tenant shall not impair the rights of the
Secured Parties in the Equipment. 
Regardless of the manner of the affixation of any Equipment to real
property, the Equipment so attached shall at all times constitute and remain
personal property.  Tenant retains all
liability and responsibility in connection with the Equipment and the liability
of Tenant to pay the Obligations shall in no way be affected or diminished by
reason of the fact that such Equipment may be lost, destroyed, stolen or
damaged or for any reason whatsoever have become unavailable to Tenant.  Upon the request of the Secured Parties,
Tenant shall provide to the Secured Parties a current list of Equipment.

 

Section 5.     Financing Statements;
Documentary Stamp Taxes.

 

(a)           Tenant shall, at its own expense,
make, execute, endorse, acknowledge, file and/or deliver to the Secured Parties
from time to time such lists, descriptions and designations of inventory,
warehouse receipts, bills of lading, documents of 

 

9

 

title, vouchers, invoices, schedules, confirmatory assignments,
conveyances, financing statements, transfer endorsements, powers of attorney,
certificates, reports and other assurances or instruments and take such further
steps relating to the Collateral and other property or rights covered by the
security interest hereby granted, which the Secured Parties reasonably deem
appropriate or advisable to perfect, preserve or protect their security
interest in the Collateral.  Tenant
authorizes the Secured Parties to file any such financing statements without the
signature of Tenant and Tenant will pay all applicable filing fees and related
expenses.  To the extent permitted by
law, a carbon, photographic or other reproduction of this Agreement or a
financing statement shall be sufficient as a financing statement.

 

(b)           Tenant shall procure, pay for, affix
to any and all documents and cancel any documentary tax stamps required by and
in accordance with, applicable law, and Tenant shall indemnify and hold
harmless the Secured Parties from and against any liability  (including interest and penalties) in respect
of such documentary stamp taxes.

 

Section 6.    Event of Default.  For purposes of this Agreement, the term “Event
of Default” shall mean (a) the occurrence of an Event of Default under
the Amended Lease No. 3 or any document or agreement executed in
connection therewith; (b) the failure of Tenant to comply with any of its
covenants or obligations under this Agreement and the continuance thereof for a
period of ten (10) Business Days after written notice thereof; (c) any
representation or warranty contained herein or made by Tenant in connection
herewith shall prove to have been false or misleading in any material respect
when made; or (d) the occurrence of any default or event of default under
any document, instrument or agreement evidencing the Obligations.

 

Section 7.    Remedies.

 

(a)           Upon the occurrence and during the
continuance of an Event of Default, in addition to any rights and remedies now
or hereafter granted under applicable law, under the Amended Lease No. 3
or under any other documents or agreements entered into in connection herewith
or therewith, and not by way of limitation of any such rights and remedies, the
Secured Parties shall have all of the rights and remedies of a secured party
under the Uniform Commercial Code as enacted in any applicable jurisdiction,
and the right, without notice to, or assent by, Tenant, in the name of Tenant
or in the name of the Secured Parties or otherwise:

 

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(i)                                               with respect to
the General Intangibles to ask for, demand, collect, receive, compound and give
acquittance therefor or any part thereof, to extend the time of payment of,
compromise or settle for cash, credit or otherwise, and upon any terms and conditions,
any thereof, to exercise and enforce any rights and remedies in respect
thereof, and to file any claims, commence, maintain or discontinue any actions,
suits or other proceedings deemed by the Secured Parties necessary or advisable
for the purpose of collecting or enforcing payment and performance thereof;

 

(ii)                                            to take
possession of any or all of the Collateral and to use, hold, store, operate,
merge and/or control the same and to exclude Tenant and all Persons claiming
under it wholly or partly therefrom, and, for that purpose, to enter, with the
aid and assistance of any Person or Persons and with or without legal process,
any premises where the Collateral, or any part thereof, are, or may be, placed
or assembled, and to remove any such Collateral;

 

(iii)                                         from time to
time, at the expense of Tenant, to make all such repairs, replacements,
alterations, additions and improvements to and of the Collateral as the Secured
Parties may reasonably deem proper; to carry on the business and to exercise
all rights and powers of Tenant in respect to the Collateral, as the Secured
Parties shall deem best, including the right to enter into any and all such
agreements with respect to the leasing, management and/or operation of the
Collateral or any part thereof as the Secured Parties may see fit; to collect
and receive all rents, issues, profits, fees, revenues and other income of the
same and every part thereof which rents, issues, profits, fees, revenues and
other income may be applied to pay the expenses of holding and operating the
Collateral and of conducting the business thereof, and of all maintenance,
repairs, replacements, alterations, additions and improvements, and to make all
payments which the Secured Parties may be required or may elect to make, if any,
for taxes, assessments, insurance 

 

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                                                          and other
charges upon the Collateral or any part thereof, and all other payments which
the Secured Parties may be required or authorized to make under any provision
of this Agreement (including, without limitation, reasonable legal costs and
attorneys’ fees);

 

(iv)                                        to execute any
instrument and do all other things necessary and proper to protect and preserve
and realize upon the Collateral and the other rights contemplated hereby;

 

(v)                                           upon notice to
such effect, to require Tenant to deliver, at Tenant’s expense, any or all
Collateral which is reasonably movable to the Secured Parties at a place
designated by the Secured Parties, and after delivery thereof Tenant shall have
no further claim to or interest in the Collateral; and

 

(vi)                                        without
obligation to resort to other security, at any time and from time to time, to
sell, re-sell, assign and deliver all or any of the Collateral, in one or more
parcels at the same or different times, and all right, title and interest,
claim and demand therein and right of redemption thereof, at public or private
sale, for cash, upon credit or for future delivery, and at such price or prices
and on such terms as the Secured Parties may determine, with the amounts
realized from any such sale to be applied to the Secured Obligations in the
manner determined by the Secured Parties.

 

Tenant hereby agrees that all of the foregoing may
be effected without demand, advertisement or notice (except as hereinafter
provided or as may be required by law), all of which (except as hereinafter
provided) are hereby expressly waived, to the maximum extent permitted by
law.  The Secured Parties shall not be
obligated to do any of the acts hereinabove authorized and in the event that
the Secured Parties elect to do any such act, the Secured Parties shall not be
responsible to Tenant.

 

(b)           Upon the occurrence and during the continuance of an Event
of Default, the Secured Parties may take legal proceedings for the appointment
of a receiver or receivers (to which the Secured Parties shall be entitled as a
matter of right) to take possession of the Collateral pending the sale 

 

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thereof
pursuant either to the powers of sale granted by this Agreement or to a
judgment, order or decree made in any judicial proceeding for the foreclosure
or involving the enforcement of this Agreement. 
If, after the exercise of any or all of such rights and remedies, any of
the Obligations shall remain unpaid or unsatisfied, Tenant shall remain liable
for any deficiency or performance thereof, as applicable.

 

(c)           Upon any sale of any of the Collateral, whether made under
the power of sale hereby given or under judgment, order or decree in any
judicial proceeding for the foreclosure or involving the enforcement of this
Agreement:

 

(i)                                               the Secured
Parties may bid for and purchase the property being sold and, upon compliance
with the terms of sale, may hold, retain and possess and dispose of such
property in its own absolute right without further accountability, and may, in
paying the purchase money therefor, deliver any instruments evidencing the
Obligations or agree to the satisfaction of all or a portion of the Obligations
in lieu of cash in payment of the amount which shall be payable thereon, and
such instruments, in case the amounts so payable thereon shall be less than the
amount due thereon, shall be returned to the Secured Parties after being
appropriately stamped to show partial payment;

 

(ii)                                            the Secured
Parties may make and deliver to the purchaser or purchasers a good and
sufficient deed, bill of sale and instrument of assignment and transfer of the
property sold;

 

(iii)                                         all right,
title, interest, claim and demand whatsoever, either at law or in equity
or  otherwise, of Tenant of, in and to
the property so sold shall be divested; such sale shall be a perpetual bar both
at law and in equity against Tenant, its successors and assigns, and against
any and all Persons claiming or who may claim the property sold or any part
thereof from, through or under Tenant, its successors or assigns;

 

(iv)                                        the receipt of
the Secured Parties or of the officers thereof making such sale shall be a
sufficient discharge to the purchaser or 

 

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                                                          purchasers at
such sale for his or their purchase money, and such purchaser or purchasers,
and his or their assigns or personal representatives, shall not, after paying
such purchase money and receiving such receipt of the Secured Parties or of
such officer therefor, be obliged to see to the application of such purchase
money or be in any way answerable for any loss, misapplication or
nonapplication thereof; and

 

(v)                                           to the extent
that it may lawfully do so, Tenant agrees that it will not at any time insist
upon, or plead, or in any manner whatsoever claim or take advantage of, any
appraisement, valuation, stay, extension or redemption laws, or any law
permitting it to direct the order in which the Collateral or any part thereof
shall be sold, now or at any time hereafter in force, which may delay, prevent
or otherwise affect the performance or enforcement of this Agreement or any
other document, the Amended Lease No. 3 or any other document or agreement
entered into in connection herewith or therewith, and Tenant hereby expressly
waives all benefit or advantage of any such laws and covenants that it will not
hinder, delay or impede the execution of any power granted or delegated to the
Secured Parties in this Agreement, but will suffer and permit the execution of
every such power as though no such laws were in force.

 

In the event of any sale of Collateral pursuant to
this Section 7, the Secured Parties shall, at least ten (10) days
before such sale, give Tenant written notice of their intention to sell, except
that, if the Secured Parties shall determine in their reasonable discretion
that any of the Collateral threatens to decline in value, any such sale may be
made upon three (3) days’ written notice to Tenant, which time periods
Tenant hereby agrees are reasonable.

 

(d)  The Secured Parties are
hereby irrevocably appointed the true and lawful attorney-in-fact of Tenant in
its name and stead, to make all necessary deeds, bills of sale and instruments
of assignment and transfer of the property sold pursuant to this Section 7
and for such other purposes as are necessary or desirable to effectuate the
provisions of this Agreement, and for that purpose it may execute and deliver
all 

 

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necessary
deeds, bills of sale and instruments of assignment and transfer, and may
substitute one or more Persons with like power, Tenant hereby ratifying and
confirming all that its said attorney, or such substitute or substitutes, shall
lawfully do by virtue hereof.  If so
requested by the Secured Parties or by any purchaser, Tenant shall ratify and
confirm any such sale or transfer by executing and delivering to the Secured
Parties or to such purchaser all property, deeds, bills of sale, instruments or
assignment and transfer and releases as may be designated in any such request.

 

Section 8.    Application of
Moneys.  All moneys
which the Secured Parties shall receive pursuant hereto shall first be applied
(to the extent thereof) to the payment of all reasonable costs and expenses
incurred in connection with the administration and enforcement of, or the
preservation of any rights under, this Agreement or the Amended Lease No. 3
(including, without limitation, the reasonable fees and disbursements of its
counsel and agents) and the balance, if any, shall be applied first to accrued
and unpaid interest, charges and fees on, and then to outstanding principal of,
any Obligations or any other obligations of Tenant (or its affiliates) to the Secured
Parties, and then to any other amounts outstanding on any such Obligations and
then as required by law to any other parties having an interest therein.

 

Section 9.    Waivers, Etc.  Tenant, on its own behalf and on behalf of
its successors and assigns, hereby waives presentment, demand, notice, protest
and, except as is otherwise specifically provided herein, all other demands and
notices in connection with this Agreement or the enforcement of the rights of
the Secured Parties hereunder or in connection with any Obligations or any
Collateral; waives all rights to require a marshaling of assets by the Secured
Parties; consents to and waives notice of (i) the substitution, release or
surrender of any Collateral, (ii) the addition or release of Persons primarily
or secondarily liable on any Obligation or on any Collateral, (iii) the
acceptance of partial payments on any Collateral and/or the settlement or
compromise thereof, (iv) any requirement of diligence or promptness on the
part of the Secured Parties in the enforcement of any rights in respect of any
Collateral or any other agreement or instrument directly or indirectly relating
thereto, and (v) any enforcement of any present or future agreement or
instrument relating directly or indirectly to the Collateral.  No delay or omission on the part of the
Secured Parties or any holder of Obligations in exercising any right hereunder
shall operate as a waiver of such right or of any other right hereunder.  No waiver of any such right on any 

 

15

 

one occasion shall be
construed as a bar to or waiver of any such right on any future occasion.  No course of dealing between Tenant and the
Secured Parties or any holder of Obligations, nor any failure to exercise, nor
any delay in exercising, on the part of the Secured Parties or any holder of
Obligations, any right, power or privilege hereunder or under any of the
Obligations, shall operate as a waiver thereof; nor shall any single or partial
exercise of any right, power or privilege hereunder or thereunder preclude any
other or further exercise thereof, or the exercise of any other right, power or
privilege.

 

Tenant further waives any right it may have under
the constitution of any state or commonwealth in which any of the Collateral
may be located, or under the Constitution of the United States of America, to
notice (except for notice specifically required hereby) or to a judicial
hearing prior to the exercise of any right or remedy provided by this Agreement
to the Secured Parties, and waives its rights, if any, to set aside or
invalidate any sale duly consummated in accordance with the foregoing  provisions hereof on the grounds (if such be
the case) that the sale was consummated without a prior judicial hearing.  TENANT’S WAIVERS UNDER THIS SECTION 9
HAVE BEEN MADE VOLUNTARILY, INTELLIGENTLY AND KNOWINGLY AND AFTER TENANT HAS
BEEN APPRISED AND COUNSELED BY ITS ATTORNEYS AS TO THE NATURE THEREOF AND ITS
POSSIBLE ALTERNATIVE RIGHTS.

 

The Secured Parties shall not be required to marshal
any present or future security for (including without limitation this Agreement
and the Collateral pledged hereunder), or guaranties of, the Obligations or any
of them, or to resort to such security or guaranties in any particular order; and
all of the rights hereunder and in respect of such securities and guaranties
shall be cumulative and in addition to all other rights, however existing or
arising.  To the maximum extent permitted
by applicable law, Tenant hereby agrees that it will not invoke any law
relating to the marshalling of collateral, which might cause delay in or impede
the enforcement of the Secured Parties’ rights under this Agreement or under
any other instrument evidencing any of the Obligations or under which any of
the Obligations is outstanding or by which any of the Obligations is secured or
guaranteed, and, to the maximum extent permitted by applicable law, Tenant
hereby irrevocably waives the benefits of all such laws.

 

Section 10.    Further Assurances
as to Collateral; Attorney-in-Fact.  From time to time hereafter, Tenant will
execute and deliver, or will cause to be executed and delivered, such
additional instruments, certificates or documents (including, 

 

16

 

without limitation,
financing statements, renewal statements, mortgages, collateral assignments and
other security documents), and will take all such actions as the Secured
Parties may reasonably request, for the purposes of implementing or
effectuating the provisions of this Agreement or of more fully perfecting or
renewing the Secured Parties’ rights with respect to the Collateral (or with
respect to any additions thereto or replacements or proceeds thereof or with
respect to any other property or assets hereafter acquired by Tenant which may
be deemed to be a part of the Collateral) pursuant hereto and thereto.  The Secured Parties are hereby appointed the
attorney-in-fact, with full power of substitution, of Tenant for the purpose of
carrying out the provisions of this Agreement and taking any action, including,
without limitation, executing, delivering and filing applications,
certificates, instruments and other documents and papers with governmental
authorities, and executing any instruments, including without limitation
financing or continuation statements, deeds to secure debt, mortgages,
assignments, conveyances, assignments and transfers which are required to be
taken or executed by Tenant under this Agreement, on its behalf and in its name
which appointment is coupled with an interest, is irrevocable and durable and
shall survive the subsequent dissolution, disability or incapacity of Tenant.

 

Section 11.    Arbitration.  The Secured Parties or Tenant may elect to
submit any dispute hereunder that has an amount in controversy in excess of
$250,000 to arbitration hereunder.  Any
such dispute shall be resolved in accordance with the Commercial Arbitration Rules of
the American Association then pertaining and the decision of the arbitrators
with respect to such dispute shall be binding, final and conclusive on the
parties.

 

In the event the Secured Parties or Tenant shall
elect to submit any such dispute to arbitration hereunder, the Secured Parties
and Tenant shall each appoint and pay all fees of a fit and impartial person as
arbitrator with at least ten (10) years’ recent professional experience in
the general subject matter of the dispute. 
Notice of such appointment shall be sent in writing by each party to the
other, and the arbitrators so appointed, in the event of their failure to agree
within thirty (30) days after the appointment of the second arbitrator upon the
matter so submitted, shall appoint a third arbitrator.  If either the Secured Parties or Tenant shall
fail to appoint an arbitrator, as aforesaid, for a period of twenty (20) days
after written notice from the other party to make such appointment, then the
arbitrator appointed by the party having made such appointment shall appoint a
second arbitrator and the two (2) so 

 

17

 

appointed shall, in the
event of their failure to agree upon any decision within thirty (30) days
thereafter, appoint a third arbitrator. 
If such arbitrators fail to agree upon a third arbitrator within forty
five (45) days after the appointment of the second arbitrator, then such third
arbitrator shall be appointed by the American Arbitration Association from its
qualified panel of arbitrators, and shall be a person having at least ten (10) years’
recent professional experience as to the subject matter in question.  The fees of the third arbitrator and the
expenses incident to the proceedings shall be borne equally between the Secured
Parties and Tenant, unless the arbitrators decide otherwise.  The fees of respective counsel engaged by the
parties, and the fees of expert witnesses and other witnesses called for the
parties, shall be paid by the respective party engaging such counsel or calling
or engaging such witnesses.

 

The decision of the arbitrators shall be rendered
within thirty (30) days after appointment of the third arbitrator.  Such decision shall be in writing and in
duplicate, one counterpart thereof to be delivered to the Secured Parties and
one to Tenant.  A judgment of a court of
competent jurisdiction may be entered upon the award of the arbitrators in
accordance with the rules and statutes applicable thereto then obtaining.

 

Section 12.    Appointment
of Agent for Secured Parties.  Each of the
Secured Parties hereby appoints SPTMNR Properties Trust as its agent for the
following purposes under this Agreement (including, without limitation, the
full power and authority to act on the Secured Parties’ behalf for such
purposes): (i) to give or receive notices, demands, claims and other
communications on behalf of the Secured Parties under this Agreement and (ii) to
receive and hold any and all Collateral which is to be delivered from time to
time by Tenant to the Secured Parties in accordance with the terms and
conditions of this Agreement.

 

Section 13.    Miscellaneous.

 

(a)           Tenant agrees that its obligations and the rights of the
Secured Parties hereunder and in respect of the Obligations may be enforced by
specific performance hereof and thereof and by temporary, preliminary and/or
final injunctive relief relating hereto and thereto, without necessity for
proof by the Secured Parties or any holder of the Obligations that it would
otherwise suffer irreparable harm, and Tenant hereby consents to the issuance
of such specific and injunctive relief.

 

18

 

(b)           Any notice or demand upon Tenant or the Secured Parties
shall be deemed to have been sufficiently given when given in accordance with
the provisions of the Amended Lease No. 3.

 

(c)           None of the terms and conditions of this Agreement may be
changed, waived, modified or varied in any manner whatsoever unless in writing
duly signed by Tenant and the Secured 
Parties.  No notice to or demand
on Tenant in any case shall entitle Tenant to any other or further notice or
demand in similar or other circumstances or constitute a waiver of any of the
rights of the Secured Parties to any other or further action in any
circumstances without notice or demand.

 

(d)           The obligations of Tenant hereunder shall remain in full
force and effect without regard to, and shall not be impaired by, (i) any
bankruptcy, insolvency, reorganization, arrangement, readjustment, composition,
liquidation or the like of Tenant; (ii) any exercise or non-exercise, or
any waiver of, any right, remedy, power or privilege under or in respect of
this Agreement, the Amended Lease No. 3 or any document or agreement
executed in connection herewith or therewith, the Obligations or any security
for any of the Obligations; or (iii) any amendment to or modification of
any of the Amended Lease No. 3 or any document or agreement executed in
connection herewith or therewith, the Obligations or any security for any of
the Obligations; whether or not Tenant shall have notice or knowledge of any of
the foregoing.  The rights and remedies
of the Secured Parties herein provided for are cumulative and not exclusive of
any rights or remedies which the Secured Parties would otherwise have,
including, without limitation, under the Amended Lease No. 3 or any
document or agreement executed in connection herewith or therewith.  This Agreement is intended as a supplement
for and is not intended to supersede in any respect the Amended Lease No. 3
or any document or agreement executed in connection herewith or therewith.

 

(e)           This Agreement shall be binding upon Tenant and its
successors and assigns and shall inure to the benefit of the Secured Parties,
and its respective successors and assigns. 
All agreements, representations and warranties made herein shall survive
the execution and delivery of this Agreement.

 

(f)            The descriptive headings of the several sections of this
Agreement are inserted for convenience only and shall not in any way affect the
meaning or construction of any provision of this Agreement.

 

19

 

(g)           Any provision of this Agreement which
is prohibited or unenforceable in any jurisdiction shall, as to such
jurisdiction, be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions hereof, and any
such prohibitions or unenforceability in any jurisdiction shall not invalidate
or render unenforceable such provision in any other jurisdiction.

 

(h)           This Agreement shall be interpreted,
construed, applied and enforced in accordance with the laws of the Commonwealth
of Massachusetts applicable to contracts between residents of Massachusetts
which are to be performed entirely within Massachusetts, regardless of (i) where
this Agreement is executed or delivered; or (ii) where any payment or
other performance required by this Agreement is made or required to be made; or
(iii) where any breach of any provision of this Agreement occurs, or any
cause of action otherwise accrues; or (iv) where any action or other
proceeding is instituted or pending; or (v) the nationality, citizenship,
domicile, principle place of business, or jurisdiction of organization or
domestication of any party; or (vi) whether the laws of the forum
jurisdiction otherwise would apply the laws of a jurisdiction other than the
Commonwealth of Massachusetts; or (vii) any combination of the
foregoing.  Notwithstanding the
foregoing, to the extent that matters of title, or creation, perfection and
priority of the security interests created hereby, or procedural issues of
foreclosures are required to be governed by the laws of the state in which the
Collateral, or relevant part thereof, is located, the laws of such State shall
apply.

 

Section 14.    Nonliability
of Trustees.   THE DECLARATIONS OF TRUST
ESTABLISHING CERTAIN ENTITIES COMPRISING THE SECURED PARTIES, COPIES OF WHICH,
TOGETHER WITH ALL AMENDMENTS THERETO (COLLECTIVELY, THE “DECLARATIONS”), ARE
DULY FILED WITH THE DEPARTMENT OF ASSESSMENTS AND TAXATION OF THE STATE OF
MARYLAND, PROVIDE THAT THE NAMES OF SUCH ENTITIES REFER TO THE TRUSTEES UNDER
SUCH DECLARATIONS COLLECTIVELY AS TRUSTEES, BUT NOT INDIVIDUALLY OR PERSONALLY,
AND THAT NO TRUSTEE, OFFICER, SHAREHOLDER, EMPLOYEE OR AGENT OF SUCH ENTITIES
SHALL BE HELD TO ANY PERSONAL LIABILITY, JOINTLY OR SEVERALLY, FOR ANY
OBLIGATION OF, OR CLAIM AGAINST, SUCH ENTITIES. 
ALL PERSONS DEALING WITH SUCH ENTITIES, IN ANY WAY, SHALL LOOK ONLY TO
THE ASSETS OF SUCH ENTITIES FOR THE PAYMENT OF ANY SUM OR THE PERFORMANCE OF
ANY OBLIGATION.

 

Section 15.    Original Security Agreements.   The
Secured Parties and Tenant acknowledge and agree that this Agreement 

 

20

 

amends and restates the
Original Security Agreements in their entirety with respect to the Collateral
and that this Agreement shall govern the rights and obligations of the Secured
Parties and Tenant with respect to the Collateral from and after the date of
this Agreement.  Notwithstanding the
foregoing, the Original Security Agreements shall continue to govern the rights
and obligations of the Secured Parties and Tenant with respect to the
Collateral prior to the date of this Agreement.

 

[Remainder
of page intentionally left blank.]

 

21

 

IN WITNESS WHEREOF, the parties hereto have caused
this Agreement to be executed under seal as of the date first above written.

 

	
   

  	
  TENANT:

  
	
   

  	
   

  
	
   

  	
  FIVE STAR QUALITY CARE TRUST

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Travis K. Smith

  
	
   

  	
   

  	
  Travis K. Smith

  
	
   

  	
   

  	
  Vice President

  
	
   

  	
   

  
	
   

  	
  Corporate Organizational Number:

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  SECURED PARTIES:

  
	
   

  	
   

  
	
   

  	
  SNH SOMERFORD PROPERTIES TRUST, 

  SPTIHS PROPERTIES TRUST, and 

  SPTMNR PROPERTIES TRUST

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  /s/ Richard A. Doyle

  
	
   

  	
  Richard A. Doyle

  
	
   

  	
  Treasurer and Chief Financial 

  Officer of each of the foregoing entities

  

 

 

SCHEDULE 1

 

CHIEF EXECUTIVE OFFICE:

 

	
   

  	
  400 Centre Street

  
	
   

  	
  Newton, Massachusetts 02458

  

 

PRINCIPAL PLACE OF BUSINESS:

 

	
   

  	
  400 Centre Street

  
	
   

  	
  Newton, Massachusetts 02458

  

 

 

SCHEDULE 2

 

THE FACILITIES

 

CALIFORNIA:

 

	
  LA SALETTE HEALTH AND REHABILITATION CENTER

  	
   

  
	
   

  	
  537 E. Fulton Street

  
	
   

  	
  Stockton, California 95204

  
	
   

  	
   

  
	
  SOMERFORD PLACE – ENCINITAS

  	
   

  
	
   

  	
  1350 S. El Camino Real

  
	
   

  	
  Encinitas, California 92024

  
	
   

  	
   

  
	
  SOMERFORD PLACE – FRESNO

  	
   

  
	
   

  	
  6075 N. Marks Avenue

  
	
   

  	
  Fresno, California 93711

  
	
   

  	
   

  
	
  SOMERFORD PLACE – REDLANDS

  	
   

  
	
   

  	
  1319 Brookside Avenue

  
	
   

  	
  Redlands, California 92373

  
	
   

  	
   

  
	
  SOMERFORD PLACE – ROSEVILLE

  	
   

  
	
   

  	
  110 Sterling Court

  
	
   

  	
  Roseville, California 95661

  
	
   

  	
   

  
	
  SOMERFORD PLACE – STOCKTON

  	
   

  
	
   

  	
  3530 Deer
  Park Drive

  
	
   

  	
  Stockton,
  California 95219

  
	
   

  	
   

  
	
  THOUSAND OAKS HEALTH CARE CENTER

  	
   

  
	
   

  	
  93 W. Avenida de Los Arboles

  
	
   

  	
  Thousand Oaks, California 91360

  
	
   

  	
   

  
	
  COLORADO:

  
	
   

  
	
  CEDARS HEALTHCARE CENTER

  	
   

  
	
   

  	
  1599 Ingals Street

  
	
   

  	
  Lakewood, Colorado 80214

  
	
   

  	
   

  
	
  SPRINGS VILLAGE CARE CENTER

  	
   

  
	
   

  	
  110 West Van Buren

  
	
   

  	
  Colorado Springs, Colorado 80907

  
			

 

 

	
  WILLOW TREE CARE CENTER

  	
   

  
	
   

  	
  2050 South Main

  
	
   

  	
  Delta, Colorado 81416

  
	
   

  	
   

  
	
  DELAWARE: 

  
	
   

  
	
  SOMERFORD HOUSE – NEWARK

  	
   

  
	
   

  	
  501 S.
  Harmony Road

  
	
   

  	
  Newark, Delaware 19713

  
	
   

  	
   

  
	
  SOMERFORD PLACE – NEWARK

  	
   

  
	
   

  	
  4175 Ogletown Road

  
	
   

  	
  Newark, Delaware 19713

  
	
   

  
	
  GEORGIA:

  
	
   

  
	
  AUTUMN BREEZE HEALTHCARE CENTER

  	
   

  
	
   

  	
  1480 Sandtown Road

  
	
   

  	
  Marietta, Georgia 30060

  
	
   

  	
   

  
	
  SOUTHLAND CARE CENTER

  	
   

  
	
   

  	
  606 Simmons Street

  
	
   

  	
  Dublin, Georgia 31021

  
	
   

  
	
  IOWA:

  
	
   

  
	
  NORTHCREST CARE & REHABILITATION

  	
   

  
	
   

  	
  34 Northcrest Drive

  
	
   

  	
  Council Bluffs, Iowa 51503

  
	
   

  	
   

  
	
  PACIFIC PLACE

  	
   

  
	
   

  	
  20937 State Highway 385

  
	
   

  	
  Pacific Junction, Iowa 51561

  
	
   

  
	
  WEST BRIDGE CARE & REHABILITATION

  	
   

  
	
   

  	
  1015 West Summit

  
	
   

  	
  Winterset, Iowa 50273

  
	
   

  	
   

  
	
  KANSAS:

  
	
   

  	
   

  
	
  WOODHAVEN CARE CENTER

  	
   

  
	
   

  	
  510 W 7th Street

  
	
   

  	
  Ellinwood, Kansas 67526

  
			

 

 

	
  MARYLAND:

  	
   

  
	
   

  	
   

  
	
  SOMERFORD
  PLACE – ANNAPOLIS

  
	
   

  	
  2717 Riva Road

  
	
   

  	
  Annapolis, Maryland 21401

  
	
   

  	
   

  
	
  SOMERFORD PLACE – COLUMBIA

  
	
   

  	
  8220 Snowden River Parkway

  
	
   

  	
  Columbia, Maryland 21045

  
	
   

  	
   

  
	
  SOMERFORD PLACE AND SOMERFORD HOUSE –
  FREDERICK

  
	
   

  	
  2100 Whittier Drive

  
	
   

  	
  Frederick, Maryland 21702

  
	
   

  	
   

  
	
  SOMERFORD PLACE AND SOMERFORD HOUSE –
  HAGERSTOWN

  
	
   

  	
  10114 & 10116 Sharpsburg Pike

  
	
   

  	
  Hagerstown, Maryland 21740

  
	
   

  	
   

  
	
  MISSOURI:

  	
   

  
	
   

  	
   

  
	
  NORTHVIEW
  MANOR

  
	
   

  	
  300 Cedar Street

  
	
   

  	
  Tarkio, Missouri 64491

  
	
   

  	
   

  
	
  NEBRASKA:

  	
   

  
	
   

  	
   

  
	
  AINSWORTH CARE CENTER

  
	
   

  	
  143 North Fullerton

  
	
   

  	
  Ainsworth, Nebraska 69210

  
	
   

  	
   

  
	
  CRESTVIEW
  HEALTHCARE CENTER

  
	
   

  	
  1100 West First Street

  
	
   

  	
  Milford, Nebraska 68405

  
	
   

  	
   

  
	
  EXETER CARE CENTER

  
	
   

  	
  425 South Empire Avenue

  
	
   

  	
  Exeter, Nebraska 68351

  
	
   

  	
   

  
	
  LOGAN VALLEY MANOR

  
	
   

  	
  1035 Diamond
  Street

  
	
   

  	
  Lyons,
  Nebraska 68038

  
	
   

  	
   

  
	
  MORYS HAVEN

  
	
   

  	
  1112 15th Street

  
	
   

  	
  Columbus, Nebraska 68601

  
			

 

 

	
  UTICA
  COMMUNITY CARE CENTER

  
	
   

  	
  1350 Centennial Avenue

  
	
   

  	
  Utica, Nebraska 68456

  
	
   

  	
   

  
	
  WEDGEWOOD CARE CENTER

  
	
   

  	
  800 Stoeger Drive

  
	
  

  	
  Grand Island, Nebraska 68803

  
	
   

  	
   

  
	
  WISCONSIN:

  	
   

  
	
   

  	
   

  
	
  GREENTREE HEALTH & REHABILITATION
  CENTER

  
	
   

  	
  70 Greentree Road

  
	
   

  	
  Clintonville, Wisconsin 54929

  
	
   

  	
   

  
	
  PINE MANOR HEALTHCARE CENTER

  
	
   

  	
  Route 4, Box 549

  
	
   

  	
  Clintonville, Wisconsin 54929

  
	
   

  	
   

  
	
  THE VIRGINIA HEALTH &
  REHABILITATION CENTER

  
	
   

  	
  1451 Cleveland Avenue

  
	
   

  	
  Waukesha, Wisconsin 53186

  
	
   

  	
   

  
	
  WYOMING:

  	
   

  
	
   

  	
   

  
	
  WORLAND HEALTHCARE & REHABILITATION
  CENTER

  
	
   

  	
  1901 Howell Avenue

  
	
   

  	
  Worland, Wyoming 82401Exhibit 10.17

 

AMENDED
AND RESTATED SUBTENANT SECURITY AGREEMENT

(LEASE
NO. 3)

 

THIS
AMENDED AND RESTATED SUBTENANT SECURITY AGREEMENT (this “Agreement”) is entered into
as of this 30th day of June, 2008 by and among (i) each of the
parties identified on the signature page hereof as the Subtenants (each a “Subtenant”
and collectively, the “Subtenants”), and (ii) each of the parties
identified on the signature page hereof as the Secured Parties
(collectively, the “Secured Parties”).

 

W  I  T  N  E  S
S  E  T  H:

 

WHEREAS, the Secured Parties and Five Star Quality Care Trust (“Tenant”)
are parties to that certain Second Amended and Restated Lease Agreement, dated
as of November 19, 2004, as the same has been amended to date (as so
amended, the “Original Lease”); and

 

WHEREAS, pursuant to various Sublease Agreements
as further described on Exhibit A attached hereto as the Subleases
(collectively, the “Subleases”), Tenant subleases certain of the
premises demised under the Original Lease to the Subtenants, subject to and
upon the terms and conditions set forth in the Subleases; and

 

WHEREAS, pursuant to the Original Lease, certain
of the Secured Parties and certain of the Subtenants are parties to that
certain Security Agreement dated as of December 31, 2001 and/or that certain
Security Agreement dated as of October 25, 2002, as confirmed from time to
time (as so confirmed, collectively, the “Original Subtenant Security
Agreements”), , pursuant to which the Subtenants granted to such Secured
Parties a first and perfected lien and security interest in certain collateral
related to the properties demised under the Original Lease which they sublease
pursuant to the Subleases; and

 

WHEREAS, as of the date hereof, the Secured Parties and Tenant are amending,
restating and bifurcating the Original Lease into two separate leases, one of
which shall be named the Amended and Restated Master Lease Agreement(Lease No. 3),
(the “Amended Lease No. 3”); and

 

 

WHEREAS, pursuant to the Amended Lease No. 3, the
Subtenants are required to grant to the Secured Parties a first and perfected
lien and security interest in certain collateral related to the properties
demised under the Amended Lease No. 3 which they sublease pursuant to the
Subleases (collectively, the “Subleased Properties”); and

 

WHEREAS, in connection with the foregoing the Subtenants and
the Secured Parties wish to amend and restate the Original Subtenant Security
Agreements into two separate security agreements, one of which shall act as
security for the payment and performance of the Obligations (as hereinafter
defined), all subject to and upon the terms and conditions herein set forth;

 

NOW,
THEREFORE, in
consideration of the mutual covenants herein contained and other good and
valuable consideration, the mutual receipt and legal sufficiency of which are
hereby acknowledged, the Subtenants and the Secured Parties hereby agree that
the Original Subtenant Security Agreements are hereby amended and restated,
effective as of the date hereof, to read as follows:

 

Section 1. 
Definitions.  As used in
this Agreement, the following terms shall have the meanings specified
below.  Except as otherwise defined,
terms defined in the Uniform Commercial Code and used herein without definition
shall have the meanings given such terms in the Uniform Commercial Code.

 

“Affiliated
Person” shall
have the meaning given such term in the Amended Lease No. 3.

 

“Amended
Lease No. 3” shall have the meaning given such term in the recitals to this
Agreement.

 

“Business
Day” shall
have the meaning given such term in the Amended Lease No. 3.

 

“Collateral” shall mean all of each Subtenant’s
right, title and interest in and under or arising out of all and any personal
property, intangibles and fixtures of any type or description (other than
Excluded Collateral), wherever located and now existing or hereafter arising,
or which constitute or arise from the operation, maintenance or repair of its
Subleased Properties or any portion thereof, together with any and all
additions and accessions thereto and replacements, products, proceeds
(including, without limitation, proceeds of insurance) and supporting
obligations thereof, including, but not limited to, the following:

 

2

 

(a)           all
goods, including, without limitation, all Equipment; and

 

(b)           all
General Intangibles; and

 

(c)                                 all other personal property or fixtures
of any nature whatsoever which relate to the operation, maintenance or repair
of each Subleased Property, or any portion thereof, and all property from time
to time described in any financing statement signed by such Subtenant naming
the Secured Parties as secured parties; and

 

(d)                                all claims, rights, powers or privileges
and remedies relating to the foregoing or arising in connection therewith,
including, without limitation, all Licenses and Permits which such Subtenant
legally may grant a security interest in, rights to make determinations, to
exercise any election (including, but not limited to, election of remedies) or
option or to give or receive any notice, consent, waiver or approval; all
liens, security, guaranties, endorsements, warranties and indemnities and all
insurance, eminent domain and condemnation awards and claims therefor relating
thereto or arising in connection therewith; all rights to property forming the
subject matter of any of the foregoing, including, without limitation, rights
to stoppage in transit and rights to returned or repossessed property; all
writings relating to the foregoing or arising in connection therewith; and

 

(e)                                 all contract rights, general intangibles
and other property rights of any nature whatsoever arising out of or in
connection with any of the foregoing (other than Excluded Collateral),
including, without limitation, payments due or to become due, whether as repayments,
reimbursements, contractual obligations, indemnities, damages or otherwise.

 

“Equipment” shall mean all buildings, structures,
improvements, fixtures and items of machinery, equipment and other tangible
personal property which constitute, arise from or relate to the operation,
maintenance or repair of each Subtenant’s Subleased Properties or any portion
thereof, together with all repairs, replacements, improvements, substitutions,
extensions or renewals thereof or additions thereto, all parts, additions and
accessories incorporated therein or affixed thereto, and all “equipment” as
such term is 

 

3

 

defined in the Uniform Commercial Code, and all cash
and non-cash proceeds therefrom.

 

“Event
of Default” shall
have the meaning given such term in Section 6.

 

“Excluded
Collateral”
shall mean (a) all Accounts of each
Subtenant, (b) all Deposit Accounts and Securities Accounts of each
Subtenant, (c) all Chattel Paper of each Subtenant, (d) all General
Intangibles relating to such Accounts or Chattel Paper, (e) all Support
Obligations relating to any of the foregoing, (f) all Instruments or
Investment Property evidencing or arising from any Accounts or Chattel Paper, (g) all
documents, books, records or other information pertaining to any of the
foregoing (including, without limitation, customer lists, credit files,
computer programs, printouts, tapes, discs, punch cards, data processing
software and other computer materials and records and related property and rights),
(h) all accessions to, substitutions for, and all
replacements, products and proceeds of the foregoing (including without
limitation, proceeds of insurance policies insuring any of the foregoing) and (i) any
of the Subleases under which any Subtenant is a party.

 

“Facilities” shall have the meaning given such term
in the Amended Lease No. 3.

 

“General
Intangibles” shall
mean all present and future general intangibles and contract rights (other than
Excluded Collateral) which constitute, arise from or relate to the operation,
maintenance or repair of each Subtenant’s Subleased Properties, or any portion
thereof, including, but not limited to, all causes of action, corporate or
business records, inventions, designs, patents, patent applications, trademarks,
trademark registrations and applications therefor, goodwill, trade names, trade
secrets, trade processes, copyrights, copyright registrations and applications
therefor, franchises, customer lists, computer programs, claims under
guaranties, tax refund claims, rights and claims against carriers and shippers,
leases, claims under insurance policies, all rights to indemnification and all
other intangible personal property of every kind and nature which constitutes,
arises from or relates to the operation, maintenance or repair of such
Subleased Properties, or any portion thereof.

 

“Instrument” shall have the meaning given such term
in Article 9 of the Uniform Commercial Code.

 

4

 

“Leased
Property”
shall have the meaning given such term in the Amended Lease No. 3.

 

“Licenses” shall mean all certificates of need (if
any), licenses, permits, rights of use, covenants or rights otherwise
benefiting or permitting the use and operation of each Subtenant’s Subleased
Properties or any part thereof pertaining to the operation, maintenance or
repair of such Subleased Properties or any portion thereof.

 

“Obligations” 
shall mean each and every obligation and liability of Tenant to the
Secured Parties under the Original Lease and Amended Lease No. 3 or any
other document or agreement executed and delivered pursuant thereto, including,
without limitation, the payment of the rent and the payment and performance of
each and every other obligation of Tenant to the Secured Parties, whether
direct or indirect, absolute or contingent, due or to become due.

 

“Original
Lease” shall have the meaning given such term in the
recitals to this Agreement.

 

“Original
Subtenant Security Agreements” shall have the meaning given such term in the recitals
to this Agreement.

 

“Overdue
Rate” shall
have the meaning given such term in the Amended Lease No. 3.

 

“Permits” shall mean all permits, approvals,
consents, waivers, exemptions, variances, franchises, orders, authorizations,
rights and licenses obtained or hereafter obtained from any federal, state or
other governmental authority or agency relating to the operation, maintenance
or repair of each Subtenant’s Subleased Properties, or any portion thereof.

 

“Person”
shall have the
meaning given such term in the Amended Lease No. 3.

 

“Property” shall have the meaning given such term
in the Amended Lease No. 3.

 

“Rent” shall have the meaning given such term
in the Amended Lease No. 3.

 

“Secured
Parties” shall have the meaning given such term in the preamble
to this Agreement.

 

5

 

“Subleased
Properties” shall have the meaning given such term in the
recitals.

 

“Subleases”
shall have the meaning given such term in the recitals to this Agreement.

 

“Subtenants”
shall have the
meaning given such term in the preamble to this Agreement.

 

“Tenant”
shall have the meaning given such term in the recitals to this Agreement.

 

“Uniform
Commercial Code” means Article 9 of the Uniform Commercial Code as in effect in the
Commonwealth of Massachusetts from time to time.

 

Section 2. 
Security Interest.  As security
for the prompt payment and performance of all the Obligations, each Subtenant
hereby grants, pledges, transfers and assigns to the Secured Parties, their
successors and assigns and all other holders from time to time of the
Obligations, a continuing security interest under the Uniform Commercial Code
from time to time in effect in the jurisdiction in which any of the Collateral
is located in and a continuing lien upon all of such Subtenant’s right, title
and interest in the Collateral, together with any and all additions thereto and
replacements, products and proceeds thereof, whether now existing or hereafter
arising or acquired and wherever located.

 

Section 3. 
General Representations, Warranties and Covenants. 
Each Subtenant represents, warrants and covenants, which
representations, warranties and covenants shall survive execution and delivery
of this Agreement, as follows:

 

(a)           Each of the warranties and representations of such
Subtenant contained herein or in any other document executed by such Subtenant
in connection herewith are true and correct on the date hereof.

 

(b)           Except for the lien granted to the Secured Parties
pursuant to this Agreement and any liens permitted under the Amended Lease No. 3,
each Subtenant is, and as to the Collateral acquired from time to time after
the date hereof such Subtenant will be, the owner of all the Collateral free
from any lien, security interest, encumbrance or other right, title or interest
of any Person, except for the security interest of the Secured Parties therein,
and such Subtenant shall defend the Collateral against all claims and demands
of all Persons at any

 

6

 

time claiming the same or
any interest therein adverse to the Secured Parties.  The lien granted in this Agreement by such
Subtenant to the Secured Parties in the Collateral is not prohibited by and
does not constitute a default under any agreements or other instruments
constituting a part of the Collateral, and no consent is required of any Person
to effect such lien which has not been obtained.

 

(c)           Except as permitted under the Amended Lease No. 3,
there is no financing statement (or similar statement or instrument of
registration under the law of any jurisdiction) now on file or registered in
any public office covering any interest of any kind in the Collateral, or
intended so to be, which has not been terminated, and so long as this Agreement
remains in effect or any of the Obligations or any obligations of any
Affiliated Person of such Subtenant to the Secured Parties remain unpaid, such
Subtenant will not execute and there will not be on file in any public office
any financing statement (or similar statement or instrument of registration
under the law of any jurisdiction) or statements relating to the Collateral,
except financing statements filed or to be filed in respect of and covering the
security interest of the Secured Parties.

 

(d)           The chief executive office and the principal place of
business of each Subtenant are as set forth in Schedule 1 and such
Subtenant will not move its chief executive office or establish any other
principal place of business except to such new location as such Subtenant may
establish in accordance with this Section 3(d).  The location of each Facility comprising a
portion of such Subtenant’s Subleased Properties is as set forth in Schedule
2.  The originals of all documents
evidencing Collateral and the only original books of account and records of
each Subtenant relating thereto are, and will continue to be, kept at such
chief executive office or the applicable Facility, as the case may be, or at
such new location as such Subtenant may establish in accordance with this Section 3(d).  No Subtenant shall move its chief executive
office or establish any other principal place of business until (i) such
Subtenant shall have given to the Secured Parties not less than ten (10) days’
prior written notice of its intention to do so, which notice shall clearly
describe such new location and provide such other information in connection
therewith as the Secured Parties may reasonably request, and (ii) with
respect to such new location, such Subtenant shall have taken such action,
satisfactory to the Secured Parties (including, without limitation, all action

 

7

 

required by Section 5),
to maintain the security interest of the Secured Parties in the Collateral.

 

(e)           All tangible personal property owned on the date
hereof by such Subtenant to be used in connection with the operation or
maintenance of each Subleased Property of such Subtenant, or any portion
thereof, is located at each applicable Subleased Property or is in transit to
such Subleased Property from the vendor thereof.  Each Subtenant agrees that (i) all such
property held by such Subtenant on the date hereof, once at each applicable
Subleased Property, shall remain at such Subleased Property and (ii) all
such property subsequently acquired by such Subtenant shall immediately upon
acquisition be transferred to and remain at the applicable Subleased Property.

 

(f)            Such Subtenant’s corporate name and organizational
identification number are as set forth on Schedule 1 attached
hereto.  The name under which each of the
Facilities is operated is set forth on Schedule 2.  Each Subtenant agrees that it shall not (i) change
such names without providing the Secured Parties with thirty (30) days’ prior
written notice and making all filings and taking all such other actions as the
Secured Parties determine are necessary or appropriate to continue or perfect
the security interest granted hereunder, (ii) change its corporate
organizational number, nor (iii) conduct its business in any other name or
take title to any Collateral in any other name while this Agreement remains in
effect.  Except as otherwise set forth on
Schedule 1, no Subtenant has ever had any other name or conducted
business in any other name in any jurisdiction. 
Each Subtenant’s organizational structure is as set forth on Schedule
1 attached hereto.  Subject to the
terms and conditions of the Amended Lease No. 3 and the Subleases, no
Subtenant shall change its organizational structure or jurisdiction of
organization without giving at least thirty (30) days’ prior written notice
thereof to the Secured Parties.

 

(g)           The Secured Parties are authorized (but are under no
obligation) to make, upon ten (10) Business Days’ notice to the applicable
Subtenant (except in the case of exigent circumstances, in which circumstances
upon such notice, if any, as may then be reasonably practical), any payments
which in the Secured Parties’ opinion are necessary to:

 

(i)            discharge
any liens which have or may take priority over the lien hereof; and

 

8

 

(ii)           pay
all premiums payable on the insurance policies referred to in the Amended Lease
No. 3 or any other document or agreement executed in connection therewith
or herewith, upon the failure of Tenant to make such payments within the time
permitted therein.

 

No
Subtenant shall have any claim against the Secured Parties by reason of its
decision not to make any payments or perform such obligations permitted under
this Section 3(g).  Each
Subtenant shall repay to the Secured Parties any sums paid by the Secured
Parties upon demand.  Any sums paid and
expenses incurred by the Secured Parties pursuant to this paragraph shall bear
interest at the Overdue Rate.

 

(h)           If any of the Collateral at any time becomes evidenced
by an Instrument, the Subtenant which owns such Collateral shall promptly
deliver such Instrument to the Secured Parties, appropriately endorsed to the
order of the Secured Parties, to be held pursuant to this Agreement.

 

(i)            No Subtenant shall sell, transfer, change the
registration, if any, of, dispose of, attempt to dispose of, or substantially
modify or abandon the Collateral or any material part thereof, other than as
permitted under the Amended Lease No. 3, without the prior written consent
of the Secured Parties.  Except as
permitted under the Amended Lease No. 3, no Subtenant shall create, incur,
assume or suffer to exist any lien upon any of the Collateral without the prior
written consent of the Secured Parties.

 

(j)            No Subtenant shall assert against the Secured Parties
any claim or defense which such Subtenant may have against any seller of the
Collateral or any part thereof or against any Person with respect to the
Collateral or any part thereof.

 

(k)           Each Subtenant shall, upon demand, pay to the Secured
Parties the amount of any and all reasonable expenses, including the reasonable
fees and expenses of its counsel and of any experts and agents, which the
Secured Parties may incur in connection with (i) the administration of
this Agreement, (ii) the custody or 
preservation of, or the sale of, collection from, or other realization
upon, any of the Collateral, (iii) the exercise or enforcement of any of the
rights of the Secured Parties hereunder and under such other agreements or (iv) the
failure by such Subtenant to perform or observe any of the provisions hereof.

 

9

 

(l)            Each Subtenant shall indemnify and hold harmless the
Secured Parties from and against any and all liabilities, obligations, losses,
damages, penalties, actions, judgments, suits, costs, expenses or disbursements
of any kind and nature whatsoever which may be imposed on, incurred by or
asserted against the Secured Parties in any way relating to or arising out of
this Agreement or arising out of such Subtenant’s obligations under any other
documents contemplated by or referred to herein or therein or the transactions
contemplated hereby or thereby or the enforcement of any of the terms hereof or
of any such other documents.

 

Section 4. 
Special Provisions Concerning Equipment. 
No Subtenant shall impair the rights of the Secured Parties in the
Equipment.  Regardless of the manner of
the affixation of any Equipment to real property, the Equipment so attached
shall at all times constitute and remain personal property.  Each Subtenant retains all liability and
responsibility in connection with its Equipment and the liability of such
Subtenant to pay the Obligations shall in no way be affected or diminished by
reason of the fact that such Equipment may be lost, destroyed, stolen or
damaged or for any reason whatsoever have become unavailable to such
Subtenant.  Upon the request of the
Secured Parties, any Subtenant shall provide to the Secured Parties a current
list of its Equipment.

 

Section 5. 
Financing Statements; Documentary Stamp Taxes.

 

(a)           Each Subtenant shall, at its own expense, make,
execute, endorse, acknowledge, file and/or deliver to the Secured Parties from
time to time such lists, descriptions and designations of inventory, warehouse
receipts, bills of lading, documents of title, vouchers, invoices, schedules,
confirmatory assignments, conveyances, financing statements, transfer
endorsements, powers of attorney, certificates, reports and other assurances or
instruments and take such further steps relating to the Collateral and other
property or rights covered by the security interest hereby granted, which the
Secured Parties reasonably deem appropriate or advisable to perfect, preserve
or protect their security interest in the Collateral.  Each Subtenant authorizes the Secured Parties
to file any such financing statements without the signature of such Subtenant
and such Subtenant will pay all applicable filing fees and related expenses.  To the extent permitted by law, a carbon,
photographic or other reproduction of this Agreement or a financing statement
shall be sufficient as a financing statement.

 

10

 

(b)           Each Subtenant shall procure, pay for, affix to any
and all documents and cancel any documentary tax stamps required by and in
accordance with, applicable law with respect to its Collateral, and the
Subtenants shall indemnify and hold harmless the Secured Parties from and
against any liability  (including
interest and penalties) in respect of such documentary stamp taxes.

 

Section 6. 
Event of Default.  For purposes
of this Agreement, the term “Event of Default” shall mean (a) the
occurrence of an Event of Default under the Amended Lease No. 3 or any
document or agreement executed in connection therewith; (b) the failure of
any Subtenant to comply with any of its covenants or obligations under this
Agreement and the continuance thereof for a period of ten (10) Business
Days after written notice thereof; (c) any representation or warranty
contained herein or made by any Subtenant in connection herewith shall prove to
have been false or misleading in any material respect when made; or (d) the
occurrence of any default or event of default under any document, instrument or
agreement evidencing the Obligations.

 

Section 7. 
Remedies.

 

(a)           Upon the occurrence and during the continuance of an
Event of Default, in addition to any rights and remedies now or hereafter
granted under applicable law, under the Amended Lease No. 3 or under any
other documents or agreements entered into in connection herewith or therewith,
and not by way of limitation of any such rights and remedies, the Secured
Parties shall have all of the rights and remedies of a secured party under the
Uniform Commercial Code as enacted in any applicable jurisdiction, and the
right, without notice to, or assent by, any Subtenant, in the name of such
Subtenant or in the name of the Secured Parties or otherwise:

 

(i)            with
respect to the General Intangibles to ask for, demand, collect, receive,
compound and give acquittance therefor or any part thereof, to extend the time
of payment of, compromise or settle for cash, credit or otherwise, and upon any
terms and conditions, any thereof, to exercise and enforce any rights and
remedies in respect thereof, and to file any claims, commence, maintain or
discontinue any actions, suits or other proceedings deemed by the Secured
Parties necessary or advisable for the purpose

 

11

 

of collecting or
enforcing payment and performance thereof;

 

(ii)           to
take possession of any or all of the Collateral and to use, hold, store,
operate, merge and/or control the same and to exclude such Subtenant and all
Persons claiming under it wholly or partly therefrom, and, for that purpose, to
enter, with the aid and assistance of any Person or Persons and with or without
legal process, any premises where the Collateral, or any part thereof, are, or
may be, placed or assembled, and to remove any such Collateral;

 

(iii)          from
time to time, at the expense of such Subtenant, to make all such repairs,
replacements, alterations, additions and improvements to and of the Collateral
as the Secured Parties may reasonably deem proper; to carry on the business and
to exercise all rights and powers of such Subtenant in respect to the
Collateral, as the Secured Parties shall deem best, including the right to
enter into any and all such agreements with respect to the leasing, management
and/or operation of the Collateral or any part thereof as the Secured Parties
may see fit; to collect and receive all rents, issues, profits, fees, revenues
and other income of the same and every part thereof which rents, issues,
profits, fees, revenues and other income may be applied to pay the expenses of
holding and operating the Collateral and of conducting the business thereof,
and of all maintenance, repairs, replacements, alterations, additions and
improvements, and to make all payments which the Secured Parties may be
required or may elect to make, if any, for taxes, assessments, insurance and
other charges upon the Collateral or any part thereof, and all other payments
which the Secured Parties may be required or authorized to make under any
provision of this Agreement (including, without limitation, reasonable legal
costs and attorneys’ fees);

 

(iv)          to
execute any instrument and do all other things necessary and proper to protect
and

 

12

 

preserve and
realize upon the Collateral and the other rights contemplated hereby;

 

(v)           upon
notice to such effect, to require any Subtenant to deliver, at such Subtenant’s
expense, any or all Collateral which is reasonably movable to the Secured
Parties at a place designated by the Secured Parties, and after delivery thereof
such Subtenant shall have no further claim to or interest in the Collateral;
and

 

(vi)          without
obligation to resort to other security, at any time and from time to time, to
sell, re-sell, assign and deliver all or any of the Collateral, in one or more
parcels at the same or different times, and all right, title and interest,
claim and demand therein and right of redemption thereof, at public or private
sale, for cash, upon credit or for future delivery, and at such price or prices
and on such terms as the Secured Parties may determine, with the amounts
realized from any such sale to be applied to the Obligations in the manner
determined by the Secured Parties.

 

Each
Subtenant hereby agrees that all of the foregoing may be effected without
demand, advertisement or notice (except as hereinafter provided or as may be
required by law), all of which (except as hereinafter provided) are hereby
expressly waived, to the maximum extent permitted by law.  The Secured Parties shall not be obligated to
do any of the acts hereinabove authorized and in the event that the Secured
Parties elect to do any such act, the Secured Parties shall not be responsible
to any Subtenant.

 

(b)           Upon the occurrence and during the continuance of an
Event of Default, the Secured Parties may take legal proceedings for the
appointment of a receiver or receivers (to which the Secured Parties shall be
entitled as a matter of right) to take possession of the Collateral pending the
sale thereof pursuant either to the powers of sale granted by this Agreement or
to a judgment, order or decree made in any judicial proceeding for the
foreclosure or involving the enforcement of this Agreement.  If, after the exercise of any or all of such
rights and remedies, any of the Obligations shall remain unpaid or unsatisfied,
such Subtenant shall remain liable for any deficiency or performance thereof,
as applicable.

 

13

 

(c)             Upon
any sale of any of the Collateral, whether made under the power of sale hereby
given or under judgment, order or decree in any judicial proceeding for the
foreclosure or involving the enforcement of this Agreement:

 

(i)                                              the Secured Parties may bid for and
purchase the property being sold and, upon compliance with the terms of sale,
may hold, retain and possess and dispose of such property in its own absolute
right without further accountability, and may, in paying the purchase money
therefor, deliver any instruments evidencing the Obligations or agree to the
satisfaction of all or a portion of the Obligations in lieu of cash in payment
of the amount which shall be payable thereon, and such instruments, in case the
amounts so payable thereon shall be less than the amount due thereon, shall be
returned to the Secured Parties after being appropriately stamped to show
partial payment;

 

(ii)                                           the Secured Parties may make and deliver
to the purchaser or purchasers a good and sufficient deed, bill of sale and
instrument of assignment and transfer of the property sold;

 

(iii)                                       all right, title, interest, claim and
demand whatsoever, either at law or in equity or  otherwise, of any Subtenant of, in and to the
property so sold shall be divested; such sale shall be a perpetual bar both at
law and in equity against such Subtenant, its successors and assigns, and
against any and all Persons claiming or who may claim the property sold or any
part thereof from, through or under such Subtenant, its successors or assigns;

 

(iv)                                       the receipt of the Secured Parties or of
the officers thereof making such sale shall be a sufficient discharge to the
purchaser or purchasers at such sale for his or their purchase money, and such
purchaser or purchasers, and his or their assigns or personal representatives,
shall not, after paying such purchase money and receiving such receipt of the
Secured Parties or of such officer therefor, be obliged to see to the
application of such purchase money or be in any way answerable for

 

14

 

any loss,
misapplication or nonapplication thereof; and

 

(v)                                           to the extent that it may lawfully do so,
each Subtenant agrees that it will not at any time insist upon, or plead, or in
any manner whatsoever claim or take advantage of, any appraisement, valuation,
stay, extension or redemption laws, or any law permitting it to direct the
order in which the Collateral or any part thereof shall be sold, now or at any
time hereafter in force, which may delay, prevent or otherwise affect the
performance or enforcement of this Agreement or any other document, the Amended
Lease No. 3 or any other document or agreement entered into in connection
herewith or therewith, and each Subtenant hereby expressly waives all benefit or
advantage of any such laws and covenants that it will not hinder, delay or
impede the execution of any power granted or delegated to the Secured Parties
in this Agreement, but will suffer and permit the execution of every such power
as though no such laws were in force.

 

In the
event of any sale of Collateral pursuant to this Section 7, the
Secured Parties shall, at least ten (10) days before such sale, give the
applicable Subtenant written notice of its intention to sell, except that, if
the Secured Parties shall determine in its reasonable discretion that any of
such Collateral threatens to decline in value, any such sale may be made upon
three (3) days’ written notice to the applicable Subtenant, which time
periods each Subtenant hereby agrees are reasonable.

 

(d)           The Secured Parties are hereby irrevocably appointed
the true and lawful attorney-in-fact of each Subtenant in its name and stead,
to make all necessary deeds, bills of sale and instruments of assignment and
transfer of the property sold pursuant to this Section 7 and for
such other purposes as are necessary or desirable to effectuate the provisions
of this Agreement, and for that purpose it may execute and deliver all
necessary deeds, bills of sale and instruments of assignment and transfer, and
may substitute one or more Persons with like power, each Subtenant hereby
ratifying and confirming all that its said attorney, or such substitute or
substitutes, shall lawfully do by virtue hereof.  If so requested by the Secured

 

15

 

Parties or by any
purchaser, each Subtenant shall ratify and confirm any such sale or transfer by
executing and delivering to the Secured Parties or to such purchaser all
property, deeds, bills of sale, instruments or assignment and transfer and
releases as may be designated in any such request.

 

Section 8.    Application
of Moneys.  All moneys which the Secured Parties shall
receive pursuant hereto shall first be applied (to the extent thereof) to the
payment of all reasonable costs and expenses incurred in connection with the
administration and enforcement of, or the preservation of any rights under,
this Agreement or the Amended Lease No. 3 (including, without limitation,
the reasonable fees and disbursements of its counsel and agents) and the
balance, if any, shall be applied first to accrued and unpaid interest, charges
and fees on, and then to outstanding principal of, any Obligations or any other
obligations of Tenant or the Subtenants (or their affiliates) to the Secured Parties,
and then to any other amounts outstanding on any such Obligations and then as
required by law to any other parties having an interest therein.

 

Section 9.    Waivers,
Etc.  Each Subtenant, on its own behalf and on
behalf of its successors and assigns, hereby waives presentment, demand,
notice, protest and, except as is otherwise specifically provided herein, all
other demands and notices in connection with this Agreement or the enforcement
of the rights of the Secured Parties hereunder or in connection with any
Obligations or any Collateral; waives all rights to require a marshaling of
assets by the Secured Parties; consents to and waives notice of (i) the
substitution, release or surrender of any Collateral, (ii) the addition or
release of Persons primarily or secondarily liable on any Obligation or on any
Collateral, (iii) the acceptance of partial payments on any Collateral
and/or the settlement or compromise thereof, (iv) any requirement of
diligence or promptness on the part of the Secured Parties in the enforcement
of any rights in respect of any Collateral or any other agreement or instrument
directly or indirectly relating thereto, and (v) any enforcement of any
present or future agreement or instrument relating directly or indirectly to
the Collateral.  No delay or omission on
the part of the Secured Parties or any holder of Obligations in exercising any
right hereunder shall operate as a waiver of such right or of any other right
hereunder.  No waiver of any such right
on any one occasion shall be construed as a bar to or waiver of any such right
on any future occasion.  No course of
dealing between any Subtenant and the Secured Parties or any holder of
Obligations, nor any failure to exercise, nor any

 

16

 

delay in exercising, on the part of the Secured
Parties or any holder of Obligations, any right, power or privilege hereunder
or under any of the Obligations, shall operate as a waiver thereof; nor shall
any single or partial exercise of any right, power or privilege hereunder or
thereunder preclude any other or further exercise thereof, or the exercise of
any other right, power or privilege.

 

Each
Subtenant further waives any right it may have under the constitution of any
state or commonwealth in which any of the Collateral may be located, or under
the Constitution of the United States of America, to notice (except for notice
specifically required hereby) or to a judicial hearing prior to the exercise of
any right or remedy provided by this Agreement to the Secured Parties, and
waives its rights, if any, to set aside or invalidate any sale duly consummated
in accordance with the foregoing 
provisions hereof on the grounds (if such be the case) that the sale was
consummated without a prior judicial hearing. 
EACH SUBTENANT’S WAIVERS UNDER THIS SECTION 9 HAVE BEEN MADE
VOLUNTARILY, INTELLIGENTLY AND KNOWINGLY AND AFTER SUCH SUBTENANT HAS BEEN
APPRISED AND COUNSELED BY ITS ATTORNEYS AS TO THE NATURE THEREOF AND ITS
POSSIBLE ALTERNATIVE RIGHTS.

 

The Secured
Parties shall not be required to marshal any present or future security for
(including without limitation this Agreement and the Collateral pledged
hereunder), or guaranties of, the Obligations or any of them, or to resort to
such security or guaranties in any particular order; and all of the rights
hereunder and in respect of such securities and guaranties shall be cumulative
and in addition to all other rights, however existing or arising.  To the maximum extent permitted by applicable
law, each Subtenant hereby agrees that it will not invoke any law relating to
the marshalling of collateral, which might cause delay in or impede the
enforcement of the Secured Parties’ rights under this Agreement or under any
other instrument evidencing any of the Obligations or under which any of the
Obligations is outstanding or by which any of the Obligations is secured or
guaranteed, and, to the maximum extent permitted by applicable law, each
Subtenant hereby irrevocably waives the benefits of all such laws.

 

Section 10.    Further
Assurances as to Collateral; Attorney-in-Fact. 
From time to time hereafter, each Subtenant will execute and deliver, or
will cause to be executed and delivered, such additional instruments,
certificates or documents (including, without limitation, financing statements,
renewal statements, mortgages, collateral assignments and other security

 

17

 

documents), and will take all such actions as the
Secured Parties may reasonably request, for the purposes of implementing or
effectuating the provisions of this Agreement or of more fully perfecting or
renewing the Secured Parties’ rights with respect to the Collateral (or with
respect to any additions thereto or replacements or proceeds thereof or with
respect to any other property or assets hereafter acquired by such Subtenant
which may be deemed to be a part of the Collateral) pursuant hereto and
thereto.  The Secured Parties are hereby
appointed the attorney-in-fact, with full power of substitution, of the
Subtenants for the purpose of carrying out the provisions of this Agreement and
taking any action, including, without limitation, executing, delivering and
filing applications, certificates, instruments and other documents and papers
with governmental authorities, and executing any instruments, including without
limitation financing or continuation statements, deeds to secure debt,
mortgages, assignments, conveyances, assignments and transfers which are
required to be taken or executed by any Subtenant under this Agreement, on its
behalf and in its name which appointment is coupled with an interest, is
irrevocable and durable and shall survive the subsequent dissolution,
disability or incapacity of such Subtenant.

 

Section 11.    Arbitration.
 The Secured Parties or any Subtenant may elect
to submit any dispute hereunder that has an amount in controversy in excess of
$250,000 to arbitration hereunder.  Any
such dispute shall be resolved in accordance with the Commercial Arbitration Rules of
the American Association then pertaining and the decision of the arbitrators
with respect to such dispute shall be binding, final and conclusive on the
parties.

 

In the
event the Secured Parties or any Subtenant shall elect to submit any such
dispute to arbitration hereunder, the Secured Parties and such Subtenant shall
each appoint and pay all fees of a fit and impartial person as arbitrator with
at least ten (10) years’ recent professional experience in the general
subject matter of the dispute.  Notice of
such appointment shall be sent in writing by each party to the other, and the
arbitrators so appointed, in the event of their failure to agree within thirty
(30) days after the appointment of the second arbitrator upon the matter so
submitted, shall appoint a third arbitrator. 
If either the Secured Parties or such Subtenant shall fail to appoint an
arbitrator, as aforesaid, for a period of twenty (20) days after written notice
from the other party to make such appointment, then the arbitrator appointed by

 

18

 

the party having made such appointment shall appoint a
second arbitrator and the two (2) so appointed shall, in the event of
their failure to agree upon any decision within thirty (30) days thereafter,
appoint a third arbitrator.  If such
arbitrators fail to agree upon a third arbitrator within forty five (45) days
after the appointment of the second arbitrator, then such third arbitrator
shall be appointed by the American Arbitration Association from its qualified
panel of arbitrators, and shall be a person having at least ten (10) years’
recent professional experience as to the subject matter in question.  The fees of the third arbitrator and the
expenses incident to the proceedings shall be borne equally between the Secured
Parties and such Subtenant, unless the arbitrators decide otherwise.  The fees of respective counsel engaged by the
parties, and the fees of expert witnesses and other witnesses called for the
parties, shall be paid by the respective party engaging such counsel or calling
or engaging such witnesses.

 

The
decision of the arbitrators shall be rendered within thirty (30) days after
appointment of the third arbitrator. 
Such decision shall be in writing and in duplicate, one counterpart
thereof to be delivered to the Secured Parties and one to the Subtenants.  A judgment of a court of competent
jurisdiction may be entered upon the award of the arbitrators in accordance
with the rules and statutes applicable thereto then obtaining.

 

Section 12.    Appointment
of Agent for Secured Parties.  Each of the Secured Parties hereby
appoints SPTMNR Properties Trust as its agent for the following purposes under
this Agreement (including, without limitation, the full power and authority to
act on the Secured Parties’ behalf for such purposes): (i) to give or
receive notices, demands, claims and other communications on behalf of the
Secured Parties under this Agreement, and (ii) to receive and hold any and
all Collateral which is to be delivered from time to time by the Subtenants to
the Secured Parties in accordance with the terms and conditions of this
Agreement.

 

Section 13.    Notices.  (a) Any and all notices, demands,
consents, approvals, offers, elections and other communications required or
permitted under this Agreement shall be deemed adequately given if in writing
and the same shall be delivered either in hand, by telecopier with electronic
confirmation of receipt, or by mail or Federal Express or similar expedited
commercial carrier, addressed to the recipient of the notice, postpaid and
registered or certified with return receipt

 

19

 

requested (if by mail), or with all freight charges
prepaid (if by Federal Express or similar carrier).

 

(b)           All notices required or permitted to be
sent hereunder shall be deemed to have been given for all purposes of this
Agreement upon the date of electronic confirmation of receipt, in the case of a
notice by telecopier, and, in all other cases, upon the date of receipt or
refusal, except that whenever under this Agreement a notice is either received
on a day which is not a Business Day or is required to be delivered on or
before a specific day which is not a Business Day, the day of receipt or
required delivery shall automatically be extended to the next Business Day.

 

(c)           All such notices shall be addressed,

 

if to
the Secured Parties to:

 

c/o
Senior Housing Properties Trust

400
Centre Street

Newton,
Massachusetts  02458

Attn:  Mr. David J. Hegarty

[Telecopier No. (617)
796-8349]

 

if to
any Subtenant to:

 

c/o
Five Star Quality Care, Inc.

400
Centre Street

Newton,
Massachusetts  02458

Attn:  Mr. Bruce J. Mackey Jr.

[Telecopier
No. (617) 796-8385]

 

(d)           By notice given as herein provided, the parties hereto
and their respective successor and assigns shall have the right from time to
time and at any time during the term of this Agreement to change their
respective notice addresses effective upon receipt by the other parties of such
notice and each shall have the right to specify as its address any other
address within the United States of America or to such other address as the
party to whom such notice is directed may have designated in writing to the
other parties hereto.

 

Section 14.    Miscellaneous.

 

(a)           Each
Subtenant agrees that its obligations and the rights of the Secured Parties
hereunder and in respect of the Obligations may be enforced by specific
performance hereof and thereof and by temporary, preliminary and/or final

 

20

 

injunctive relief
relating hereto and thereto, without necessity for proof by the Secured Parties
or any holder of the Obligations that it would otherwise suffer irreparable
harm, and each Subtenant hereby consents to the issuance of such specific and
injunctive relief.

 

(b)           None
of the terms and conditions of this Agreement may be changed, waived, modified
or varied in any manner whatsoever unless in writing duly signed by the
Subtenants and the Secured Parties.  No
notice to or demand on any Subtenant in any case shall entitle any Subtenant to
any other or further notice or demand in similar or other circumstances or
constitute a waiver of any of the rights of the Secured Parties to any other or
further action in any circumstances without notice or demand.

 

(c)           The
obligations of each Subtenant hereunder shall remain in full force and effect
without regard to, and shall not be impaired by, (i) any bankruptcy,
insolvency, reorganization, arrangement, readjustment, composition, liquidation
or the like of Tenant; (ii) any exercise or non-exercise, or any waiver
of, any right, remedy, power or privilege under or in respect of this
Agreement, the Amended Lease No. 3 or any document or agreement executed
in connection herewith or therewith, the Obligations or any security for any of
the Obligations; or (iii) any amendment to or modification of any of the
Amended Lease No. 3 or any document or agreement executed in connection
herewith or therewith, the Obligations or any security for any of the
Obligations; whether or not such Subtenant shall have notice or knowledge of
any of the foregoing.  The rights and
remedies of the Secured Parties herein provided for are cumulative and not
exclusive of any rights or remedies which the Secured Parties would otherwise
have, including, without limitation, under the Amended Lease No. 3 or any
document or agreement executed in connection herewith or therewith.  This Agreement is intended as a supplement
for and is not intended to supersede in any respect the Amended Lease No. 3
or any document or agreement executed in connection herewith or therewith.

 

(d)           This
Agreement shall be binding upon each Subtenant and its successors and assigns
and shall inure to the benefit of the Secured Parties, and its respective
successors and assigns.  All agreements,
representations and warranties made herein shall survive the execution and
delivery of this Agreement.

 

(e)           The
descriptive headings of the several sections of this Agreement are inserted for
convenience only and shall

 

21

 

not in any way affect the
meaning or construction of any provision of this Agreement.

 

(f)            Any
provision of this Agreement which is prohibited or unenforceable in any
jurisdiction shall, as to such jurisdiction, be ineffective to the extent of
such prohibition or unenforceability without invalidating the remaining
provisions hereof, and any such prohibitions or unenforceability in any
jurisdiction shall not invalidate or render unenforceable such provision in any
other jurisdiction.

 

(g)           This
Agreement shall be interpreted, construed, applied and enforced in accordance
with the laws of the Commonwealth of Massachusetts applicable to contracts
between residents of Massachusetts which are to be performed entirely within
Massachusetts, regardless of (i) where this Agreement is executed or
delivered; or (ii) where any payment or other performance required by this
Agreement is made or required to be made; or (iii) where any breach of any
provision of this Agreement occurs, or any cause of action otherwise accrues;
or (iv) where any action or other proceeding is instituted or pending; or (v) the
nationality, citizenship, domicile, principle place of business, or
jurisdiction of organization or domestication of any party; or (vi) whether
the laws of the forum jurisdiction otherwise would apply the laws of a
jurisdiction other than the Commonwealth of Massachusetts; or (vii) any
combination of the foregoing. 
Notwithstanding the foregoing, to the extent that matters of title, or
creation, perfection and priority of the security interests created hereby, or
procedural issues of foreclosures are required to be governed by the laws of
the state in which the Collateral, or relevant part thereof, is located, the
laws of such State shall apply.

 

Section 15.    NONLIABILITY OF TRUSTEES. 
THE DECLARATIONS OF TRUST ESTABLISHING CERTAIN ENTITIES COMPRISING THE
SECURED PARTIES, COPIES OF WHICH, TOGETHER WITH ALL AMENDMENTS THERETO
(COLLECTIVELY, THE “DECLARATIONS”), ARE DULY FILED WITH THE DEPARTMENT OF
ASSESSMENTS AND TAXATION OF THE STATE OF MARYLAND, PROVIDE THAT THE NAMES OF
SUCH ENTITIES REFER TO THE TRUSTEES UNDER SUCH DECLARATIONS COLLECTIVELY AS
TRUSTEES, BUT NOT INDIVIDUALLY OR PERSONALLY, AND THAT NO TRUSTEE, OFFICER,
SHAREHOLDER, EMPLOYEE OR AGENT OF SUCH ENTITIES SHALL BE HELD TO ANY PERSONAL
LIABILITY, JOINTLY OR SEVERALLY, FOR ANY OBLIGATION OF, OR CLAIM AGAINST, SUCH
ENTITIES.  ALL PERSONS DEALING WITH SUCH
ENTITIES, IN ANY WAY, SHALL LOOK ONLY TO THE ASSETS OF SUCH 

 

22

 

ENTITIES FOR THE PAYMENT OF ANY SUM OR THE PERFORMANCE
OF ANY OBLIGATION.

 

Section 16.    Original Security Agreements.  The Secured Parties and Subtenants
acknowledge and agree that this Agreement amends and restates the Original
Subtenant Security Agreements in their entirety with respect to the Collateral
and that this Agreement shall govern the rights and obligations of the Secured
Parties and Subtenants with respect to the Collateral from and after the date of
this Agreement.  Notwithstanding the
foregoing, the Original Subtenant Security Agreements shall continue to govern
the rights and obligations of the Secured Parties and Subtenants with respect
to the Collateral prior to the date of this Agreement.

 

[Remainder of page intentionally
left blank.]

 

23

 

IN
WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed
under seal as of the date first above written.

 

	
   

  	
  SUBTENANT:

  
	
   

  	
   

  
	
   

  	
  FIVE STAR QUALITY CARE-CA II, LLC,

  
	
   

  	
  FIVE STAR QUALITY CARE-COLORADO, LLC,

  
	
   

  	
  FIVE STAR QUALITY CARE-GA, LLC,

  
	
   

  	
  FIVE STAR QUALITY CARE-IA, LLC,

  
	
   

  	
  FIVE STAR QUALITY CARE-KS, LLC,

  
	
   

  	
  FIVE STAR QUALITY CARE-MO, LLC,

  
	
   

  	
  FIVE STAR QUALITY CARE-NE, LLC,

  
	
   

  	
  FIVE STAR QUALITY CARE-WI, LLC,

  
	
   

  	
  FIVE STAR QUALITY CARE-WY, LLC,

  
	
   

  	
  FIVE STAR QUALITY CARE-NE, INC.,

  
	
   

  	
  ANNAPOLIS HERITAGE PARTNERS, LLC,

  
	
   

  	
  COLUMBIA HERITAGE PARTNERS, LLC

  
	
   

  	
  ENCINITAS HERITAGE PARTNERS, LLC

  
	
   

  	
  FREDERICK HERITAGE PARTNERS, LLC

  
	
   

  	
  HAGERSTOWN HERITAGE PARTNERS, LLC

  
	
   

  	
  NEWARK HERITAGE PARTNERS I, LLC

  
	
   

  	
  NEWARK HERITAGE PARTNERS II, LLC

  
	
   

  	
  REDLANDS HERITAGE PARTNERS, LLC and

  
	
   

  	
  STOCKTON HERITAGE PARTNERS, LLC

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Travis K. Smith

  
	
   

  	
   

  	
  Travis K. Smith

  
	
   

  	
   

  	
  Vice President of each of the

  foregoing entities

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  FRESNO HERITAGE PARTNERS, A

  CALIFORNIA LIMITED PARTNERSHIP and

  ROSEVILLE HERITAGE PARTNERS, A

  CALIFORNIA LIMITED PARTNERSHIP

  
	
   

  	
   

  
	
   

  	
  By:

  	
  Somerford Place LLC,

  
	
   

  	
   

  	
  General Partner of each of
  the

  foregoing entities

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Travis
  K. Smith

  
	
   

  	
   

  	
  Travis K. Smith

  
	
   

  	
   

  	
  Vice President

  
					

 

 

	
   

  	
  SECURED PARTIES:

  
	
   

  	
   

  
	
   

  	
  SPTIHS PROPERTIES TRUST, SPTMNR

  PROPERTIES TRUST, and SNH SOMERFORD

  PROPERTIES TRUST

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Richard A. Doyle

  
	
   

  	
   

  	
  Richard A. Doyle

  
	
   

  	
   

  	
  Treasurer and Chief
  Financial

  Officer of each of the foregoing

  entities

  

 

 

EXHIBIT A

 

SUBLEASES

 

1.                                       Sublease Agreement, dated December 31,
2001, by and between Five Star Quality Care Trust, a Maryland business trust,
as sublandlord, and Five Star Quality Care-Colorado, LLC, Delaware limited
liability company, as subtenant, as amended by that certain Letter Agreement
dated March 1, 2004 by and among Five Star Quality Care Trust, as
sublandlord, and Certain Affiliates of Five Star Quality Care, Inc., as
subtenants, as further amended by that certain Letter Agreement dated as of June 30,
2008, by and among Five Star Quality Care Trust, as sublandlord, and Certain
Affiliates of Five Star Quality Care, Inc., as subtenants.

 

2.                                       Sublease Agreement, dated December 31,
2001, by and between Five Star Quality Care Trust, a Maryland business trust,
as sublandlord, and Five Star Quality Care-IA, LLC, a Delaware limited liability
company, as subtenant, as amended by that certain Letter Agreement dated March 1,
2004 by and among Five Star Quality Care Trust, as sublandlord, and Certain
Affiliates of Five Star Quality Care, Inc., as subtenants, as further
amended by that certain Letter Agreement dated June 30, 2008, by and among
Five Star Quality Care Trust, as sublandlord, and Certain Affiliates of Five
Star Quality Care, Inc., as subtenants.

 

3.                                       Sublease Agreement, dated December 31,
2001, by and between Five Star Quality Care Trust, a Maryland business trust,
as sublandlord, and Five Star Quality Care-KS, LLC, a Delaware limited
liability company, as subtenant, as amended by that certain Letter Agreement
dated March 1, 2004 by and among Five Star Quality Care Trust, as
sublandlord, and Certain Affiliates of Five Star Quality Care, Inc., as
subtenants, as further amended by that certain Letter Agreement dated June 30,
2008, by and among Five Star Quality Care Trust, as sublandlord, and Certain
Affiliates of Five Star Quality Care, Inc., as subtenants.

 

4.                                       Sublease Agreement, dated December 31,
2001, by and between Five Star Quality Care Trust, a Maryland business trust,
as sublandlord, and Five Star Quality Care-MO, LLC, a Delaware limited
liability company, as subtenant, as amended by that certain Letter Agreement
dated March 1, 2004 by and among Five Star Quality Care Trust, as
sublandlord, and Certain Affiliates of Five Star Quality Care, Inc., as
subtenants, as further amended by that certain Letter Agreement dated June 30,
2008, by and among Five Star Quality Care Trust, as

 

 

sublandlord, and Certain
Affiliates of Five Star Quality Care, Inc., as subtenants.

 

5.                                       Sublease Agreement, dated December 31,
2001, by and between Five Star Quality Care Trust, a Maryland business trust, as
sublandlord, and Five Star Quality Care-WY, LLC, a Delaware limited liability
company, as subtenant, as amended by that certain Letter Agreement dated March 1,
2004 by and among Five Star Quality Care Trust, as sublandlord, and Certain
Affiliates of Five Star Quality Care, Inc., as subtenants, as further
amended by that certain Letter Agreement dated June 30, 2008, by and among
Five Star Quality Care Trust, as sublandlord, and Certain Affiliates of Five
Star Quality Care, Inc., as subtenants.

 

6.                                       Sublease Agreement, dated December 31,
2001, by and between Five Star Quality Care Trust, a Maryland business trust,
as sublandlord, and Five Star Quality Care-NE, Inc., a Delaware
corporation, as subtenant, as amended by that certain Letter Agreement dated March 1,
2004 by and among Five Star Quality Care Trust, as sublandlord, and Certain
Affiliates of Five Star Quality Care, Inc., as subtenants, as further
amended by that certain Letter Agreement dated June 30, 2008, by and among
Five Star Quality Care Trust, as sublandlord, and Certain Affiliates of Five
Star Quality Care, Inc., as subtenants.

 

7.                                       Sublease Agreement, dated May 6,
2005, by and between Five Star Quality Care Trust, a Maryland business trust,
as sublandlord, and Five Star Quality Care-CA II, LLC, a Delaware limited
liability company, as subtenant, as amended by that certain
Letter Agreement dated June 30, 2008, by and among Five Star Quality Care
Trust, as sublandlord, and Certain Affiliates of Five Star Quality Care, Inc.,
as subtenants.

 

8.                                       Second Amended
and Restated Sublease Agreement, dated November 1, 2006, by and between
Five Star Quality Care Trust, a Maryland business trust, as sublandlord, and
Five Star Quality Care-GA, LLC, a Delaware limited liability company, as
subtenant, as amended
by that certain Letter Agreement dated June 30, 2008, by and among Five
Star Quality Care Trust, as sublandlord, and Certain Affiliates of Five Star
Quality Care, Inc., as subtenants.

 

9.                                       Amended and Restated Sublease Agreement,
dated January 4, 2008, by and between Five Star Quality Care Trust, a
Maryland business trust, as sublandlord, and Five Star

 

 

Quality Care-WI,
LLC, a Delaware limited liability company, as subtenant, as amended by that
certain Letter Agreement dated June 30, 2008, by and among Five Star
Quality Care Trust, as sublandlord, and Certain Affiliates of Five Star Quality
Care, Inc., as subtenants.

 

10.                                 Second Amended and Restated Sublease
Agreement, dated February 17, 2008, by and between Five Star Quality Care
Trust, a Maryland business trust, as sublandlord, and Five Star Quality
Care-NE, LLC, a Delaware limited liability company, as subtenant, as amended by
that certain Letter Agreement dated June 30, 2008, by and among Five Star
Quality Care Trust, as sublandlord, and Certain Affiliates of Five Star Quality
Care, Inc., as subtenants.

 

11.                                 Sublease Agreement, dated March 31,
2008, by and between Five Star Quality Care Trust, a Maryland business trust,
as sublandlord, and Annapolis Heritage Partners, LLC, a Delaware limited
liability company, as subtenant, as amended by that certain
Letter Agreement dated June 30, 2008, by and among Five Star Quality Care
Trust, as sublandlord, and Certain Affiliates of Five Star Quality Care, Inc.,
as subtenants.

 

12.                                 Sublease Agreement, dated March 31,
2008, by and between Five Star Quality Care Trust, a Maryland business trust,
as sublandlord, and Columbia Heritage Partners, LLC, a Delaware limited
liability company, as subtenant, as amended by that certain
Letter Agreement dated June 30, 2008, by and among Five Star Quality Care
Trust, as sublandlord, and Certain Affiliates of Five Star Quality Care, Inc.,
as subtenants.

 

13.                                 Sublease Agreement, dated March 31,
2008, by and between Five Star Quality Care Trust, a Maryland business trust,
as sublandlord, and Encinitas Heritage Partners, LLC, a Delaware limited
liability company, as subtenant, as amended by that certain
Letter Agreement dated June 30, 2008, by and among Five Star Quality Care
Trust, as sublandlord, and Certain Affiliates of Five Star Quality Care, Inc.,
as subtenants.

 

14.                                 Sublease Agreement, dated March 31,
2008, by and between Five Star Quality Care Trust, a Maryland business trust,
as sublandlord, and Frederick Heritage Partners, LLC, a Delaware limited
liability company, as subtenant, as amended by that certain
Letter Agreement dated June 30, 2008, by and among Five Star Quality Care
Trust, as sublandlord, and

 

 

Certain
Affiliates of Five Star Quality Care, Inc., as subtenants.

 

15.                                Sublease Agreement, dated March 31,
2008, by and between Five Star Quality Care Trust, a Maryland business trust,
as sublandlord, and Fresno Heritage Partners, A California Limited Partnership,
as subtenant, as amended by that certain Letter Agreement dated June 30,
2008, by and among Five Star Quality Care Trust, as sublandlord, and Certain
Affiliates of Five Star Quality Care, Inc., as subtenants.

 

16.                                Sublease Agreement, dated March 31,
2008, by and between Five Star Quality Care Trust, a Maryland business trust,
as sublandlord, and Hagerstown Heritage Partners, LLC, a Delaware limited
liability company, as subtenant, as amended by that certain
Letter Agreement dated June 30, 2008, by and among Five Star Quality Care
Trust, as sublandlord, and Certain Affiliates of Five Star Quality Care, Inc.,
as subtenants.

 

17.                                Sublease Agreement, dated March 31,
2008, by and between Five Star Quality Care Trust, a Maryland business trust,
as sublandlord, and Newark Heritage Partners I, LLC, a Delaware limited
liability company, as subtenant, as amended by that certain
Letter Agreement dated June 30, 2008, by and among Five Star Quality Care
Trust, as sublandlord, and Certain Affiliates of Five Star Quality Care, Inc.,
as subtenants.

 

18.                                Sublease Agreement, dated March 31,
2008, by and between Five Star Quality Care Trust, a Maryland business trust,
as sublandlord, and Newark Heritage Partners II, LLC, a Delaware limited
liability company, as subtenant, as amended by that certain
Letter Agreement dated June 30, 2008, by and among Five Star Quality Care
Trust, as sublandlord, and Certain Affiliates of Five Star Quality Care, Inc.,
as subtenants.

 

19.                                Sublease Agreement, dated March 31,
2008, by and between Five Star Quality Care Trust, a Maryland business trust,
as sublandlord, and Redlands Heritage Partners, LLC, a Delaware limited
liability company, as subtenant, as amended by that certain
Letter Agreement dated June 30, 2008, by and among Five Star Quality Care
Trust, as sublandlord, and Certain Affiliates of Five Star Quality Care, Inc.,
as subtenants.

 

20.                                Sublease Agreement, dated March 31,
2008, by and between Five Star Quality Care Trust, a Maryland business trust,
as sublandlord, and Roseville Heritage Partners, A California

 

 

Limited
Partnership, as subtenant, as amended by that certain Letter Agreement
dated June 30, 2008, by and among Five Star Quality Care Trust, as
sublandlord, and Certain Affiliates of Five Star Quality Care, Inc., as
subtenants.

 

21.                                Sublease Agreement, dated March 31,
2008, by and between Five Star Quality Care Trust, a Maryland business trust,
as sublandlord, and Stockton Heritage Partners, LLC, a Delaware limited
liability company, as subtenant, as amended by that certain
Letter Agreement dated June 30, 2008, by and among Five Star Quality Care
Trust, as sublandlord, and Certain Affiliates of Five Star Quality Care, Inc.,
as subtenants.

 

 

SCHEDULE 1

 

	
  Subtenant Name, Organizational

  Structure & Corporate Identification

  Number:

  	
   

  	
  Chief Executive

  Office & Principal

  Place of Business:

  	
   

  	
  Other Names

  
	
  Five Star Quality Care-Colorado, LLC,

  	
   

  	
  400 Centre Street

  	
   

  	
  SHOPCO-Colorado, LLC

  
	
  a Delaware limited liability company

  	
   

  	
  Newton, MA 02458

  	
   

  	
   

  
	
  No:

  	
   

  	
   

  	
   

  	
   

  
	
  Five Star Quality Care-GA, LLC,

  	
   

  	
  400 Centre Street

  	
   

  	
  SHOPCO-GA, LLC

  
	
  a Delaware limited liability company

  	
   

  	
  Newton, MA 02458

  	
   

  	
   

  
	
  No:

  	
   

  	
   

  	
   

  	
   

  
	
  Five Star Quality Care-IA, LLC,

  	
   

  	
  400 Centre Street

  	
   

  	
  SHOPCO-IA, LLC

  
	
  a Delaware limited liability company

  	
   

  	
  Newton, MA 02458

  	
   

  	
   

  
	
  No:

  	
   

  	
   

  	
   

  	
   

  
	
  Five Star Quality Care-KS, LLC,

  	
   

  	
  400 Centre, St.

  	
   

  	
  None.

  
	
  a Delaware limited liability company

  	
   

  	
  Newton, MA 02458

  	
   

  	
   

  
	
  No:

  	
   

  	
   

  	
   

  	
   

  
	
  Five Star Quality Care-MO, LLC,

  	
   

  	
  400 Centre Street

  	
   

  	
  SHOPCO-MO, LLC

  
	
  a Delaware limited liability company

  	
   

  	
  Newton, MA 02458

  	
   

  	
   

  
	
  No:

  	
   

  	
   

  	
   

  	
   

  
	
  Five Star Quality Care-NE, LLC,

  	
   

  	
  400 Centre Street

  	
   

  	
  SHOPCO-NE, LLC

  
	
  a Delaware limited liability company

  	
   

  	
  Newton, MA 02458

  	
   

  	
   

  
	
  No:

  	
   

  	
   

  	
   

  	
   

  
	
  Five Star Quality Care-NE, INC.,

  	
   

  	
  400 Centre Street

  	
   

  	
  SHOPCO-NE, Inc.

  
	
  a Delaware corporation

  	
   

  	
  Newton, MA 02458

  	
   

  	
   

  
	
  No:

  	
   

  	
   

  	
   

  	
   

  
	
  Five Star Quality Care-WI, LLC,

  	
   

  	
  400 Centre Street

  	
   

  	
  SHOPCO-WI, LLC

  
	
  a Delaware limited liability company

  	
   

  	
  Newton, MA 02458

  	
   

  	
   

  
	
  No:

  	
   

  	
   

  	
   

  	
   

  
	
  Five Star Quality Care-WY, LLC,

  	
   

  	
  400 Centre Street

  	
   

  	
  SHOPCO-WY, LLC

  
	
  a Delaware limited liability company

  	
   

  	
  Newton, MA 02458

  	
   

  	
   

  
	
  No:

  	
   

  	
   

  	
   

  	
   

  
	
  Five Star Quality Care-CA II, LLC, a

  	
   

  	
  400 Centre Street

  	
   

  	
  None.

  
	
  Delaware limited liability company

  	
   

  	
  Newton, MA 02458

  	
   

  	
   

  
	
  No.

  	
   

  	
   

  	
   

  	
   

  
	
  Annapolis Heritage Partners, LLC, a

  	
   

  	
  400 Centre Street

  	
   

  	
  None.

  
	
  Delaware limited liability company

  	
   

  	
  Newton, MA 02458

  	
   

  	
   

  
	
  No.

  	
   

  	
   

  	
   

  	
   

  
	
  Columbia Heritage Partners, LLC, a

  	
   

  	
  400 Centre Street

  	
   

  	
  None.

  
	
  Delaware limited liability company

  	
   

  	
  Newton, MA 02458

  	
   

  	
   

  
	
  No.

  	
   

  	
   

  	
   

  	
   

  
	
  Encinitas Heritage Partners, LLC, a

  	
   

  	
  400 Centre Street

  	
   

  	
  None.

  
	
  Delaware limited liability company

  	
   

  	
  Newton, MA 02458

  	
   

  	
   

  
	
  No.

  	
   

  	
   

  	
   

  	
   

  
	
  Frederick Heritage Partners, LLC, a

  	
   

  	
  400 Centre Street

  	
   

  	
  None.

  
	
  Delaware limited liability company

  	
   

  	
  Newton, MA 02458

  	
   

  	
   

  
	
  No.

  	
   

  	
   

  	
   

  	
   

  
	
  Fresno Heritage Partners, A

  	
   

  	
  400 Centre Street

  	
   

  	
  None.

  
	
  California Limited Partnership

  	
   

  	
  Newton, MA 02458

  	
   

  	
   

  
	
  No.

  	
   

  	
   

  	
   

  	
   

  
	
  Hagerstown Heritage Partners, LLC, a

  	
   

  	
  400 Centre Street

  	
   

  	
  None.

  
	
  Delaware limited liability company

  	
   

  	
  Newton, MA 02458

  	
   

  	
   

  
	
  No.

  	
   

  	
   

  	
   

  	
   

  
	
  Newark Heritage Partners I, LLC, a

  	
   

  	
  400 Centre Street

  	
   

  	
  None.

  
	
  Delaware limited liability company

  	
   

  	
  Newton, MA 02458

  	
   

  	
   

  
	
  No.

  	
   

  	
   

  	
   

  	
   

  

 

 

	
  Subtenant Name, Organizational

  Structure & Corporate Identification

  Number:

  	
   

  	
  Chief Executive

  Office & Principal

  Place of Business:

  	
   

  	
  Other Names

  
	
  Newark Heritage Partners II, LLC, a

  	
   

  	
  400 Centre Street

  	
   

  	
  None.

  
	
  Delaware limited liability company

  	
   

  	
  Newton, MA 02458

  	
   

  	
   

  
	
  No.

  	
   

  	
   

  	
   

  	
   

  
	
  Redlands Heritage Partners, LLC, a

  	
   

  	
  400 Centre Street

  	
   

  	
  None.

  
	
  Delaware limited liability company

  	
   

  	
  Newton, MA 02458

  	
   

  	
   

  
	
  No.

  	
   

  	
   

  	
   

  	
   

  
	
  Roseville Heritage Partners, A

  	
   

  	
  400 Centre Street

  	
   

  	
  None.

  
	
  California Limited Partnership

  	
   

  	
  Newton, MA 02458

  	
   

  	
   

  
	
  No.

  	
   

  	
   

  	
   

  	
   

  
	
  Stockton Heritage Partners, LLC, a

  	
   

  	
  400 Centre Street

  	
   

  	
  None.

  
	
  Delaware limited liability company

  	
   

  	
  Newton, MA 02458

  	
   

  	
   

  
	
  No.

  	
   

  	
   

  	
   

  	
   

  

 

 

SCHEDULE 2

 

The Facilities

 

	
  State:

  	
   

  	
  Facility:

  	
   

  	
  Subtenant:

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  CALIFORNIA:

  	
   

  	
  LA SALETTE HEALTH AND

  REHABILITATION CENTER

  	
   

  	
  Five Star Quality Care-CA II, LLC

  
	
   

  	
   

  	
  537 E. Fulton Street

  	
   

  	
   

  
	
   

  	
   

  	
  Stockton, CA 95204

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  SOMERFORD PLACE – ENCINITAS

  	
   

  	
  Encinitas Heritage Partners, LLC

  
	
   

  	
   

  	
  1350 S. El Camino Real

  	
   

  
	
   

  	
   

  	
  Encinitas, CA 92024

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  SOMERFORD PLACE – FRESNO

  	
   

  	
  Fresno Heritage  Partners, A California Limited Partnership

  
	
   

  	
   

  	
  6075 N. Marks Avenue

  	
   

  
	
   

  	
   

  	
  Fresno, CA 93711

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  SOMERFORD PLACE – REDLANDS

  	
   

  	
  Redlands Heritage Partners, LLC

  
	
   

  	
   

  	
  1319 Brookside Avenue

  	
   

  
	
   

  	
   

  	
  Redlands, CA 92373

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  SOMERFORD PLACE – ROSEVILLE

  	
   

  	
  Roseville Heritage Partners, A California Limited
  Partnership

  
	
   

  	
   

  	
  110 Sterling Court

  	
   

  
	
   

  	
   

  	
  Roseville, CA 95661

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  SOMERFORD PLACE – STOCKTON

  	
   

  	
  Stockton Heritage Partners, LLC

  
	
   

  	
   

  	
  3530 Deer Park Drive

  	
   

  
	
   

  	
   

  	
  Stockton, CA 95219

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  THOUSAND OAKS HEALTH CARE

  CENTER

  	
   

  	
  Five Star Quality Care-CA II, LLC

  
	
   

  	
   

  	
  93 W. Avenida de Los Arboles

  	
   

  	
   

  
	
   

  	
   

  	
  Thousand Oaks, CA 91360

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  COLORADO:

  	
   

  	
  CEDARS HEALTHCARE CENTER

  	
   

  	
  Five Star Quality Care-Colorado, LLC

  
	
   

  	
   

  	
  1599 Ingals Street

  	
   

  
	
   

  	
   

  	
  Lakewood, CO 80214

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  WILLOW TREE CARE CENTER

  	
   

  	
  Five Star Quality Care-Colorado, LLC

  
	
   

  	
   

  	
  2050 South Main

  	
   

  
	
   

  	
   

  	
  Delta, CO 81416

  	
   

  	
   

  

 

 

	
  State:

  	
   

  	
  Facility:

  	
   

  	
  Subtenant:

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  SPRINGS VILLAGE CARE CENTER

  	
   

  	
  Five Star Quality Care-Colorado, LLC

  
	
   

  	
   

  	
  110 West Van Buren

  	
   

  
	
   

  	
   

  	
  Colorado Springs, CO 80907

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  DELAWARE:

  	
   

  	
  SOMERFORD HOUSE – NEWARK

  	
   

  	
  Newark Heritage Partners I, LLC

  
	
   

  	
   

  	
  501 S. Harmony Road

  	
   

  
	
   

  	
   

  	
  Newark, DE 19713

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  SOMERFORD PLACE – NEWARK

  	
   

  	
  Newark Heritage Partners II, LLC

  
	
   

  	
   

  	
  4175 Ogletown Road

  	
   

  
	
   

  	
   

  	
  Newark, DE 19713

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  GEORGIA:

  	
   

  	
  AUTUMN BREEZE HEALTHCARE

  CENTER

  	
   

  	
  Five Star Quality Care-GA, LLC

  
	
   

  	
   

  	
  1480 Sandtown Road

  	
   

  	
   

  
	
   

  	
   

  	
  Marietta, GA 30060

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  SOUTHLAND CARE CENTER

  	
   

  	
  Five Star Quality Care-GA, LLC

  
	
   

  	
   

  	
  606 Simmons Street

  	
   

  
	
   

  	
   

  	
  Dublin, GA 31021

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  IOWA:

  	
   

  	
  NORTHCREST CARE &

  REHABILITATION

  	
   

  	
  Five Star Quality Care-IA, LLC

  
	
   

  	
   

  	
  34 Northcrest Drive

  	
   

  	
   

  
	
   

  	
   

  	
  Council Bluffs, IA 51503

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  PACIFIC PLACE

  	
   

  	
  Five Star Quality Care-IA, LLC

  
	
   

  	
   

  	
  20937 State Highway 385

  	
   

  
	
   

  	
   

  	
  Pacific Junction, IA 51561

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  WEST BRIDGE CARE &

  REHABILITATION

  	
   

  	
  Five Star Quality Care-IA, LLC

  
	
   

  	
   

  	
  1015 West Summit

  	
   

  	
   

  
	
   

  	
   

  	
  Winterset, IA 50273

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  KANSAS:

  	
   

  	
  WOODHAVEN CARE CENTER

  	
   

  	
  Five Star Quality Care-KS, LLC

  
	
   

  	
   

  	
  510 W 7th Street

  	
   

  
	
   

  	
   

  	
  Ellinwood, KS 67526

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  MARYLAND:

  	
   

  	
  SOMERFORD PLACE – ANNAPOLIS

  	
   

  	
  Annapolis Heritage Partners, LLC

  
	
   

  	
   

  	
  2717 Riva Road

  	
   

  
	
   

  	
   

  	
  Annapolis, MD 21401

  	
   

  	
   

  

 

 

	
  State:

  	
   

  	
  Facility:

  	
   

  	
  Subtenant:

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  SOMERFORD PLACE – COLUMBIA

  	
   

  	
  Columbia Heritage Partners, LLC

  
	
   

  	
   

  	
  8220 Snowden River Parkway

  	
   

  
	
   

  	
   

  	
  Columbia, MD 21045

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  SOMERFORD PLACE AND

  SOMERFORD HOUSE – FREDERICK

  	
   

  	
  Frederick Heritage Partners, LLC

  
	
   

  	
   

  	
  2100 Whittier Drive

  	
   

  	
   

  
	
   

  	
   

  	
  Frederick, MD 21702

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  SOMERFORD PLACE AND

  SOMERFORD HOUSE – HAGERSTOWN

  	
   

  	
  Hagerstown Heritage Partners, LLC

  
	
   

  	
   

  	
  10114 & 10116 Sharpsburg Pike

  	
   

  	
   

  
	
   

  	
   

  	
  Hagerstown, MD 21740

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  MISSOURI:

  	
   

  	
  NORTHVIEW MANOR

  	
   

  	
  Five Star Quality Care-MO, LLC

  
	
   

  	
   

  	
  300 Cedar Street

  	
   

  
	
   

  	
   

  	
  Tarkio, MO 64491

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  NEBRASKA:

  	
   

  	
  AINSWORTH CARE CENTER

  	
   

  	
  Five Star Quality Care-NE, LLC

  
	
   

  	
   

  	
  143 North Fullerton

  	
   

  
	
   

  	
   

  	
  Ainsworth, NE 69210

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  CRESTVIEW HEALTHCARE CENTER

  	
   

  	
  Five Star Quality Care-NE, LLC

  
	
   

  	
   

  	
  1100 West First Street

  	
   

  
	
   

  	
   

  	
  Milford, NE 68405

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  EXETER CARE CENTER

  	
   

  	
  Five Star Quality Care-NE, INC.

  
	
   

  	
   

  	
  425 South Empire Avenue

  	
   

  
	
   

  	
   

  	
  Exeter, NE 68351

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LOGAN VALLEY MANOR

  	
   

  	
  Five Star Quality Care-NE, LLC

  
	
   

  	
   

  	
  1035 Diamond Street

  	
   

  
	
   

  	
   

  	
  Lyons, NE 68038

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  MORYS HAVEN

  	
   

  	
  Five Star Quality Care-NE, INC.

  
	
   

  	
   

  	
  1112 15th Street

  	
   

  
	
   

  	
   

  	
  Columbus, NE 68601

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  UTICA COMMUNITY CARE CENTER

  	
   

  	
  Five Star Quality Care-NE, INC.

  
	
   

  	
   

  	
  1350 Centennial Avenue

  	
   

  
	
   

  	
   

  	
  Utica, NE 68456

  	
   

  	
   

  

 

 

	
  State:

  	
   

  	
  Facility:

  	
   

  	
  Subtenant:

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  WEDGEWOOD CARE CENTER

  	
   

  	
  Five Star Quality Care-NE, LLC

  
	
   

  	
   

  	
  800 Stoeger Drive

  	
   

  
	
   

  	
   

  	
  Grand Island, NE 68803

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  WISCONSIN:

  	
   

  	
  GREENTREE HEALTH &

  REHABILITATION CENTER

  	
   

  	
  Five Star Quality Care-WI, LLC

  
	
   

  	
   

  	
  70 Greentree Road

  	
   

  	
   

  
	
   

  	
   

  	
  Clintonville, WI 54929

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  PINE MANOR HEALTHCARE CENTER

  	
   

  	
  Five Star Quality Care-WI, LLC

  
	
   

  	
   

  	
  Route 4, Box 549

  	
   

  
	
   

  	
   

  	
  Clintonville, WI 54929

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  THE VIRGINIA HEALTH &

  REHABILITATION CENTER

  	
   

  	
  Five Star Quality Care-WI, LLC

  
	
   

  	
   

  	
  1451 Cleveland Avenue

  	
   

  	
   

  
	
   

  	
   

  	
  Waukesha, WI 53186

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  WYOMING:

  	
   

  	
  WORLAND HEALTHCARE &

  REHABILITATION CENTER

  	
   

  	
  Five Star Quality Care-WY, LLC

  
	
   

  	
   

  	
  1901 Howell Avenue

  	
   

  	
   

  
	
   

  	
   

  	
  Worland, WY 82401

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00144-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00144-of-00352.parquet"}]]