0001157523-04-004540 Sample Contracts

LOAN AGREEMENT
Loan Agreement • May 7th, 2004 • American Retirement Corp • Services-skilled nursing care facilities

THIS LOAN AGREEMENT (this “Agreement”) is made and entered into this _____ day of March, 2004, by and between ARC WESTOVER HILLS, L.P., a Tennessee limited partnership (hereinafter called “Borrower”), and GUARANTY BANK, a federal savings bank (hereinafter called “Lender”);

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FOURTH EXTENSION AND MODIFICATION AGREEMENT
Fourth Extension and Modification Agreement • May 7th, 2004 • American Retirement Corp • Services-skilled nursing care facilities • Texas

This FOURTH EXTENSION AND MODIFICATION AGREEMENT (this “Agreement”) dated as of the ____ day of March, 2004, by and among ARC CASTLE HILLS, L.P., a Tennessee limited partnership (hereinafter called “Borrower”), AMERICAN RETIREMENT CORPORATION, a Tennessee corporation (hereinafter called “ARC”), and GUARANTY BANK (formerly known as Guaranty Federal Bank, F.S.B.), a federal savings bank (hereinafter called “Lender”);

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