LOAN AGREEMENT AND INDENTURE OF FIRST MORTGAGE Dated as of September 1, 1986 By and Among OKLAHOMA COUNTY INDUSTRIAL AUTHORITY and WESTLAKE NURSING HOME LIMITED PARTNERSHIP, an Oklahoma limited partnership and THE LIBERTY NATIONAL BANK AND TRUST...Loan Agreement and Indenture of First Mortgage • August 7th, 2012 • Adcare Health Systems Inc • Services-skilled nursing care facilities • Oklahoma
THIS LOAN AGREEMENT AND INDENTURE OF FIRST MORTGAGE [the “Loan Agreement”], dated as of September 1, 1986, by and among the Trustees of the OKLAHOMA COUNTY INDUSTRIAL AUTHORITY [“Authority”], a public trust created for the benefit of the County of Oklahoma, Oklahoma [the “County”]; WESTLAKE NURSING HOME LIMITED PARTNERSHIP, an Oklahoma limited partnership [“Owner”]; and THE LIBERTY NATIONAL BANK AND TRUST COMPANY OF OKLAHOMA CITY, Oklahoma City, Oklahoma, acting as Trustee [“Trustee”] under the Bond Indenture [“Indenture”] of even date herewith by and between the Authority and Trustee, securing the Trustees’ of the Oklahoma County Industrial Authority $4,000,000 Industrial Development Revenue Bonds, 1986 Series A (Westlake Nursing Center Project), dated September 1, 1986 [herein the “Bonds”].
