0001144204-12-049886 Sample Contracts

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SUBORDINATION, ASSIGNMENT AND SECURITY AGREEMENT
Subordination, Assignment and Security Agreement • September 6th, 2012 • Sentio Healthcare Properties Inc • Real estate investment trusts

THIS SUBORDINATION, ASSIGNMENT AND SECURITY AGREEMENT (this “Assignment”) is made and entered into as of ____________, 2012 by and among (i) AMBER GLEN LANDLORD, LLC, a ________ limited liability company (the “Borrower”), (ii) FANNIE MAE, a corporation duly organized under the Federal National Mortgage Association Charter Act, as amended, 12 U.S.C. Section 1716 et seq. and duly organized and existing under the laws of the United States (the “Lender”), (iii) AMBER GLEN TRS, LLC, a ________ limited liability company (the “Operator”), and (iv) JERRY ERWIN ASSOCIATES, INC., a Washington corporation d/b/a JEA Senior Living (the “Manager”).

ASSUMPTION AND RELEASE AGREEMENT (FULL PROPERTY AND LOAN ASSUMPTION) (PRE-2011 LOAN DOCUMENTS)
Assumption and Release Agreement • September 6th, 2012 • Sentio Healthcare Properties Inc • Real estate investment trusts

This ASSUMPTION AND RELEASE AGREEMENT (“Agreement”) is dated as of ___________________, 2012 by and among URBANA CARE GROUP LLC, an Illinois limited liability company (“Transferor”), CRAIG SPAULDING, an individual (“Spaulding”), AMBER GLEN LANDLORD, LLC, a ________ limited liability company (“Transferee”), JERRY ERWIN, an individual (“Erwin”; and together with Spaulding, individually, collectively, jointly and severally, “Original Key Principal”), SENTIO HEALTHCARE PROPERTIES, INC., a Maryland corporation (“Sentio”; and together with Erwin, individually, collectively, jointly and severally, “New Key Principal”) and FANNIE MAE, a corporation duly organized under the Federal National Mortgage Association Charter Act, as amended, 12 U.S.C. Section 1716 et seq. and duly organized and existing under the laws of the United States (“Fannie Mae”).

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