Assumption, Extension and Modification Agreement Sample Contracts

SPACE ABOVE THIS LINE RESERVED FOR CLERK'S USE
Assumption, Extension and Modification Agreement • November 15th, 2002 • Alterra Healthcare Corp • Services-social services • Texas

This ASSUMPTION, EXTENSION AND MODIFICATION AGREEMENT dated as of the 26th day of July, 2002, by and among ALS WEST, INC., a Delaware corporation doing business in Arizona as AHC West, Inc. (hereinafter called "Borrower"), GUARANTY BANK (formerly known as Guaranty Federal Bank, F.S.B.), a federal savings bank (hereinafter called "Lender"), and ALTERRA HEALTHCARE CORPORATION (formerly known as Alternative Living Services, Inc.), a Delaware corporation (hereinafter called "Alterra");

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