SEC Contract Filing

Filing Date: 2020-04-28

Document Content:
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<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>tm2017876d1_ex10-2.htm
<DESCRIPTION>EXHIBIT 10.2
<TEXT>
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<P STYLE="text-align: right; margin: 0"><B>Exhibit 10.2</B></P>

<P STYLE="margin: 0">&nbsp;</P>

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 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Healthcare Regulatory Agreement &ndash; Borrower</B></P>
 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Section 232</P>
 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P></TD>
 <TD STYLE="width: 34%">
 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>U.S. Department of Housing </B></P>
 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>and Urban Development</B></P>
 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Office of Residential</P>
 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Care Facilities</P>
 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P></TD>
 <TD STYLE="width: 33%">
 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">OMB Approval No. 2502-0605</P>
 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">(exp. 06/30/2022)</P></TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Public reporting</B> burden for this collection of information
is estimated to average 0.5 hours. This includes the time for collecting, reviewing, and reporting the data. The information is
being collected to obtain the supportive documentation which must be submitted to HUD for approval, and is necessary to ensure
that viable projects are developed and maintained. The Department will use this information to determine if properties meet HUD
requirements with respect to development, operation and/or asset management, as well as ensuring the continued marketability of
the properties. This agency may not collect this information, and you are not required to complete this form, unless it displays
a currently valid OMB control number.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Warning:</B> Any person who knowingly presents a false, fictitious,
or fraudulent statement or claim in a matter within the jurisdiction of the U.S. Department of Housing and Urban Development is
subject to criminal penalties, civil liability, and administrative sanctions.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-weight: normal">Prepared by and Recording
requested by:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">James H. Levine, Esq.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Baker, Donelson, Bearman, Caldwell &amp; Berkowitz, PC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">633 Chestnut Street</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Suite 1900</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Chattanooga, Tennessee 37450</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">After recording return to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">U.S. Department of Housing &amp; Urban Development</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">c/o Attorney&nbsp;Brian Surratt</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Hipolito Garcia Federal Building</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">615 East Houston Street</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Suite 347</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">San Antonio, Texas 78205-2001</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Project Name</U>: </B>Friendship Haven Healthcare and
Rehabilitation Center</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>FHA Project No.</U>: </B>XXX</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Project Location</U>: </B>1500 Sunset Drive, Friendswood,
Texas 77546</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Lender</U>: </B>ORIX Real Estate Capital, LLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Original Principal Amount of Note</U>: </B>$11,863,400.00<B>&#9;
<U>Date of Note</U>: </B>April 1, 2020</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Originally endorsed for insurance under Section 232 pursuant
to 223(f)</U> &nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B>