0001125376-12-000011 Sample Contracts

NOTE
Loan Agreement • February 22nd, 2012 • Ensign Group, Inc • Services-skilled nursing care facilities

FOR VALUE RECEIVED, each of the undersigned, Golfview Holdings LLC, a Nevada limited liability company (“Golfview”), and Trousdale Health Holdings, LLC, a Nevada limited liability company (“Trousdale”; Golfview and Trousdale, each, a “Borrower” and, together, “Borrowers”), jointly and severally, unconditionally promises to pay to the order of RBS ASSET FINANCE, INC. (“Lender”) the principal sum of TWENTY‑ONE million FIVE HUNDRED TWENTY‑FIVE THOUSAND DOLLARS ($21,525,000), which is the original principal amount of the Loan made by Lender on the date hereof. Principal shall be payable on each payment date (each, a “Payment Date”) in installments as set forth on Schedule A hereto, with a final installment (in the amount necessary to pay in full this Note) due and payable on March 1, 2019 the (“Maturity Date”), or earlier upon acceleration pursuant hereto or pursuant to each Commercial Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing of even date herewit

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COMMERCIAL DEED OF TRUST, SECURITY AGREEMENT, ASSIGNMENT OF LEASES AND RENTS AND FIXTURE FILING
Commercial Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing • February 22nd, 2012 • Ensign Group, Inc • Services-skilled nursing care facilities

THIS DEED OF TRUST, TOGETHER WITH THE NOTE AND OTHER LOAN DOCUMENTS AS THAT TERM IS DEFINED HEREIN, REPRESENTS THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.

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