ASSIGNMENT AND ASSUMPTION
FOR VALUE RECEIVED, GLOBAL HEALTHCARE REIT, INC., (“Assignor”), hereby transfers and assigns unto GP NURSING HOME, LLC, a Georgia limited liability company (“Assignee”), all of Assignor’s right, title and interest in and to that certain Purchase and Sale Agreement effective as of December 16, 2014, (the “Agreement”), relating to the Facility (as defined in the Agreement) commonly known as “Grand Prairie Healthcare Center”, and located at 000 Xxxxx Xxxxxx, Xxxxx Xxxxxxx, Xxxxx 75050. Assignee hereby assumes all obligations of Assignors under the Agreement with respect to such Facility.
IN WITNESS WHEREOF, Assignor and Assignee have caused this Assignment to be duly executed and delivered as of the 22 day of January, 2015.
[Signatures on Next Page]
HNZW/489495_2.doc/4232-13
ASSIGNOR:
a Utah corporation
By:__ _/s/ Xxxxxxxxxxx X. Xxxxxxx
Xxxxxxxxxxx X. Xxxxxxx, President
ASSIGNEE:
GP Nursing Home, LLC,
a Georgia limited liability company
By:___ _/s/ Xxxxxxxxxxx X. Xxxxxxx
Xxxxxxxxxxx X. Xxxxxxx, Manager
HNZW/489495_2.doc/4232-13
