LOAN AND SECURITY AGREEMENTLoan and Security Agreement • January 29th, 2015 • Summit Healthcare REIT, Inc • Real estate investment trusts • Illinois
THIS SECOND AMENDMENT TO TERM LOAN AND SECURITY AGREEMENT (this “Amendment”) dated as of January 23, 2015 is entered into by and among Summit Lamar, LLC, a Delaware limited liability company (“Lamar”), Summit Monte Vista, LLC, a Delaware limited liability company (“Monte Vista”), Summit Myrtle Point, LLC, a Delaware limited liability company (“Myrtle” and together with Monte Vista and Lamar, the “Borrowers” and each a “Borrower”) and THE PRIVATEBANK AND TRUST COMPANY, an Illinois banking corporation (the “Lender”) and is agreed to and acknowledged by Summit Front Royal, LLC, a Delaware limited liability company (“Front Royal”).
