AMERICAN RETIREMENT VILLAS PROPERTIES III LTD PARTNERSHIP
SECOND MASTER MODIFICATION AGREEMENT
<DOCUMENT>
<TYPE>EX-10.23
<SEQUENCE>4
<FILENAME>dex1023.htm
<DESCRIPTION>SECOND MASTER MODIFICATION AGREEMENT
<TEXT>
<HTML><HEAD>
<TITLE>Second Master Modification Agreement</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
  <p align=right><font size=2 face="Times New Roman">Exhibit 10.23</font></p> <p align=center><font size=2 face="Times New Roman"><b><u>SECOND MASTER MODIFICATION AGREEMENT</u></b></font></p> <p><font size=2
face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b>THIS SECOND MASTER MODIFICATION AGREEMENT (this &#147;Agreement&#148;) is made as of this 20th day
of September, 2002 by and among RETIREMENT INNS III, LLC, a Delaware limited liability company (the &#147;<b>Borrower</b>&#148;), ARV ASSISTED LIVING, INC., a Delaware corporation (the &#147;<b>Guarantor</b>&#148;), and RED MORTGAGE CAPITAL, INC.,
an Ohio corporation, formerly known as Provident Mortgage Capital, Inc., successor-in-interest to Banc One Capital Funding Corporation (the &#147;<b>Lender</b>&#148;).</font></p> <p align=center><font size=2
face="Times New Roman"><u>RECITALS</u></font></p> <p><font size=2 face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b>WHEREAS, the Lender has
previously made a loan to the Borrower in the original principal sum of Eight Million Two Hundred Nine Thousand Nine Hundred Dollars ($8,209,900) (the &#147;<b>Loan</b>&#148;) pursuant to the terms of that certain Multifamily Note dated as of June
27, 1999, by the Borrower to the order of the Lender (the &#147;<b>Original Note</b>&#148;), as amended pursuant to the terms of that certain First Amendment to Multifamily Note dated as of December&nbsp;28, 2000 between Borrower and Lender (the
&quot;<b>First Amendment to Note</b>&quot;), as further amended pursuant to the terms of that certain Second Amendment to Multifamily Note dated as of February 19, 2002, but effective as of January 1, 2002, between Borrower and Lender (the
&#147;<b>Second Amendment to Note</b>&#148;, and together with the Original Note and the First Amendment to Note, the &#147;<b>Existing Note</b>&#148;), and is secured, in part, by a first mortgage lien on the real property (the &quot;<b>Mortgaged
Property</b>&quot;) described on Exhibit A to that certain Multifamily Deed of Trust, Assignment of Rents, Security Agreement and Fixture Filing dated as of June 27, 1999 by the Borrower for the benefit of the Lender, recorded among the Official
Records of Ventura County, California (the &#147;<b>Land Records</b>&#148;) on June 28, 1999 as Instrument No. 99-122405 (the &#147;<b>Original Deed of Trust</b>&#148;), as amended by that certain Amendment to Multifamily Deed of Trust, Assignment
of Rents, Security Agreement and Fixture Filing dated as of August 31, 1999 between the Borrower and the Lender, recorded among the Land Records on September 10, 1999 as Instrument No. 99-173435 (the &#147;<b>First Amendment to Deed of
Trust</b>&#148;), as affected by that certain Confirmatory Assignment of Multifamily Deed of Trust, Assignment of Rents, Security Agreement and Fixture Filing dated as of December 12, 2000, effective as of October 2, 2000, by Banc One Capital
Funding Corporation, an Ohio corporation to Provident Mortgage Capital, Inc., now known as Red Mortgage Capital, Inc., recorded among the Land Records on January 31, 2001 as Instrument No. 2001-0018605-00 (the &#147;<b>Confirmatory
Assignment</b>&#148;), as further amended by that certain Second Amendment to Multifamily Deed of Trust, Assignment of Rents, Security Agreement and Fixture Filing dated as of February 13, 2002, but effective as of January 1, 2002, between the
Borrower and the Lender, recorded among the Land Records on February 21, 2002 as Instrument No. 02-040888 (the &#147;<b>Second Amendment to Deed of Trust</b>&#148;, and together with the Original Deed of Trust, the First Amendment to Deed of Trust
and the Confirmatory Assignment, the &#147;<b>Existing Deed of Trust</b>&#148;); and</font></p> <p><font size=2
face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b>WHEREAS, the Guarantor, in order to induce the Lender to make the Loan to the Borrower, executed
and delivered that certain Limited Guaranty dated as of June 27, 1999 to and for the benefit of the Lender, thereby guaranteeing, under certain enumerated circumstances set forth therein, the payment and performance obligations of the Borrower to
the Lender under the Original Note (which Limited Guaranty, as the same may be from time to time renewed, extended, amended, restated, supplemented or otherwise modified is herein called the &#147;<b>Limited Guaranty</b>&#148;); and</font></p>
<p><font size=2 face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b>WHEREAS, as additional security for the Borrower&#146;s obligations under the
Original Note to the Lender, the Borrower and the Lender entered into that certain Replacement Reserve and Security Agreement dated as of June 27, 1999 (the &#147;<b>Replacement Reserve Agreement</b>&#148;) whereby the Borrower agreed to make
monthly deposits into the Replacement Reserve (as such term is defined in the Replacement Reserve Agreement) to maintain the Mortgaged Property; and</font></p> <p><font size=2
face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b>WHEREAS, as additional security for the Borrower&#146;s obligations under the Original Note to the
Lender, the Borrower, the Guarantor and the Lender also entered into that certain Assignment and Subordination of Management Agreement dated as of June 27, 1999 (the &#147;<b>Assignment and Subordination</b>&#148;) whereby the Borrower assigned all
of its right, title and interest in and to the Management Agreement (as such term is defined in the </font></p> <p align=center><font size=2 face="Times New Roman">&nbsp;6</font></p> <font size=2 face="Times New Roman"><BR> </font>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p><font size=2 face="Times New Roman">Assignment and Subordination) and the Guarantor agreed, among other things, (i) to subordinate its right of payment to certain fees under the Management Agreement to the Loan and
to the liens terms, covenants and conditions of the Existing Deed of Trust, (ii) to attorn to the Lender upon an Event of Default (as such term is defined in the Existing Deed of Trust) under the Existing Deed of Trust and continue to manage and
operate the Mortgaged Property upon the occurrence of an Event of Default at the request of, and in cooperation with the Lender, due to the special regulatory requirements of the Mortgaged Property as a seniors housing facility, until a replacement
manager/operator has been obtained, and (iii) to assign to the Lender all of its right, title and interest in and to all permits, licenses, operating contracts, certificates and agreements of any nature relating to the ownership, occupancy, use,
operation or management of the Mortgaged Property; and</font></p> <p><font size=2 face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b>WHEREAS, as
additional security for the Borrower&#146;s obligations under the Original Note to the Lender, the Borrower and Lender also entered into that certain (i) Note and Agreement dated as of June 27, 1999 (the &#147;<b>Additional Note</b>&#148;), (ii)
Letter Agreement dated June 27, 1999 (the &#147;<b>Side Letter Agreement</b>&#148;) and (iii) Agreement to Amend or Comply dated as of June 27, 1999 (the &#147;<b>Agreement to Amend or Comply</b>&#148;); and</font></p> <p><font size=2
face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b>WHEREAS, pursuant to the terms of that certain Confirmatory Agreement dated as of December 28, 2000
by and among the Borrower, the Guarantor and the Lender (the &quot;<b>Confirmatory Agreement</b>&quot;), and the First Amendment to Note, the Maturity Date (as such term was defined in the Original Note) of the Loan was extended to January 1, 2002;
and</font></p> <p><font size=2 face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b>WHEREAS, pursuant to the terms of that certain Master Modification
Agreement dated as of February 19, 2002, but effective as of January 1, 2002 by and among the Borrower, the Guarantor and the Lender (the &#147;<b>Modification Agreement</b>&#148;), the Borrower requested and the Lender agreed to (i) increase the
principal sum of the Loan to $11,980,000, (ii) extend the Maturity Date (as such term was defined in the Original Note, as modified by the First Amendment to Note) of the Loan to July 1, 2003, and (iii) change the interest rate of the Loan to 8.50%
(collectively, the &#147;<b>First Modifications</b>&#148;); and</font></p> <p><font size=2 face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b>WHEREAS,
in order to induce the Lender to agree to the First Modifications, and as additional security for the Borrower&#146;s obligations under the Existing Note, (i) Guarantor guaranteed a portion of the Borrower&#146;s obligations under the Existing Note
pursuant to that certain Guaranty Agreement dated as of February 19, 2002 (the &#147;<b>Guaranty</b>&#148;), which Guaranty was secured by a pledge certain partnership interests owned by Guarantor pursuant to that certain San Gabriel Retirement
Villa Partnership Interest Pledge Agreement dated as of February 19, 2002 (&#147;<b>SGRV Pledge</b>&#148;) and that certain American Retirement Villas Properties III, L.P. Partnership Interest Pledge Agreement dated as of February 19, 2002
(&#147;<b>ARV PIII Pledge</b>&#148;) and (ii) Borrower pledged cash to Lender pursuant to that certain Cash Collateral Pledge Agreement dated as of February 19, 2002 (&#147;<b>Cash Pledge</b>&#148;); and </font></p> <p><font size=2
face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b>WHEREAS, the Original Note, the Original Deed of Trust, the Limited Guaranty, the Replacement
Reserve Agreement, the Assignment and Subordination, the Additional Note, the Side Letter Agreement, the Agreement to Amend or Comply and any and all other documents, instruments, agreements and certificates (including, but not limited to, the
Certificate of Borrower dated June 27, 1999 executed by Borrower) originally executed in connection with the Loan, as well as the First Amendment to Note, the First Amendment to Deed of Trust, the Confirmatory Assignment, the Confirmatory Agreement,
the Modification Agreement, the Second Amendment to Note, the Second Amendment to Deed of Trust, the Guaranty, the SGRV Pledge, the ARV PIII Pledge and the Cash Pledge may sometimes be collectively referred to herein as the &#147;<b>Original Loan
Documents</b>&#148;; and</font></p> <p><font size=2 face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b>WHEREAS, the Borrower has requested and the
Lender has agreed, subject to the terms and conditions hereof, to extend the Maturity Date (as such term is defined in the Existing Note) of the Loan to January 1, 2004 (the &#147;<b>Extension</b>&#148;).</font></p> <p><font size=2
face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b>NOW, THEREFORE, for and in consideration of the mutual entry of this Agreement by the parties
hereto, the Extension and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged by each party hereto, the parties hereby agree as follows:</font></p> <p align=center><font size="2"
face="Times New Roman, Times, serif">7</font></p> <font size=2 face="Times New Roman"><b><BR> </b></font>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <p><font size=2 face="Times New Roman"><b>6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b><u>Recitals</u>.&#160; The Recitals are hereby incorporated into this Agreement as a substantive part hereof.</font></p> <p><font size=2
face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section 2. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b><u>Loan Modifications</u>.&#160; The Borrower, the
Guarantor and the Lender hereby acknowledge and agree:</font></p> <p><font size=2
face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)<b>
&nbsp;&nbsp;&nbsp;&nbsp;</b>The Maturity Date of the Loan (defined in Paragraph 3(b) thereof) is hereby extended to January 1, 2004.</font></p> <p><font size=2
face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section 3. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b><u>Amendments to Existing Note</u>.&#160; The Existing
Note shall be amended in accordance with the provisions of Section 2 hereof and as further set forth in the Third Amendment to Multifamily Note dated as of the date hereof between the Borrower and the Lender (the &#147;<b>Third Amendment to
Note</b>&#148;) in the form attached hereto as <u>Exhibit A</u>.</font></p> <p><font size=2 face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b><u>Amendments to Original Loan Documents</u>.&#160; From and after the date hereof, references to the term &#147;Note&#148; in the Original Loan Documents shall mean the Existing Note as amended by the Third
Amendment to Note.</font></p> <p><font size=2 face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section 5.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b><u>Conditions and Requirements for the Extension</u>.&#160; </font></p> <p><font size=2
face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section 5.1.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b>The obligation of the Lender to enter into this Agreement is subject to the satisfaction by Borrower and Guarantor, as applicable, of the following requirement, in form and content satisfactory to the Lender
in its sole discretion:</font></p> <p><font size=2
face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)<b> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b>Receipt by the Lender of the Third Amendment to Note executed by the Borrower.</font></p> <p><font size=2
face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b>The Third
Amendment to Note and any and all other documents, instruments, agreements and certificates executed by Borrower or Guarantor in connection with this Agreement and/or the Extension, may sometimes be collectively referred to herein as the
&#147;<b>New Loan Documents</b>&#148;, and together with the Original Loan Documents, the &#147;<b>Loan Documents</b>&#148;.</font></p> <p><font size=2
face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
5.2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b>The obligation of the Lender to enter into this Agreement&#160; shall be further subject to the requirement that the Borrower and the Guarantor, as applicable, or any other party, execute and
deliver to the Lender such other documents in addition to the New Loan Documents as the Lender may reasonably require in connection with this Agreement.&#160; In addition, the Borrower shall also pay to the Lender on demand, all costs and expenses
both now and hereafter paid or incurred in connection with the extension of the Loan pursuant hereto, including, but not limited to, attorney&#146;s fees and expenses, title fees and expenses, recording costs, and surveyor fees and
expenses.</font></p> <p><font size=2 face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b><u>Representations and Warranties</u>.&#160; The Borrower and the Guarantor represent and warrant to the Lender as of the date hereof that:</font></p> <p><font size=2
face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;No Event of Default exists under any of the Loan Documents and no event or circumstance has occurred which with the passage of time would constitute an Event of Default under any of the Loan Documents;</font></p> <p><font size=2
face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;All of the representations and warranties given by each such party in the Original Loan Documents are true and complete in all material respects on the date hereof as if made on the date hereof;</font></p> <p><font size=2
face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;As of the date hereof, there are no actions, suits or proceedings pending, or to the knowledge of the Borrower and the Guarantor, threatened, (i) against or affecting the Mortgaged Property, or (ii) involving the validity or
enforceability of the Deed of Trust or the priority of the lien thereof, or (iii) against the Borrower or the Guarantor, at law or in equity or before or by any governmental authority except (a) actions, suits </font></p> <p align=center><font
size=2 face="Times New Roman">8</font></p> <font size=2 face="Times New Roman"><BR> </font>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <font size=2 face="Times New Roman"> </font> <p><font size=2 face="Times New Roman">and proceedings against the Borrower or the Guarantor fully covered by insurance and as to each of which the Borrower or the
Guarantor has provided information satisfactory to the Lender, (b) actions, suits and proceedings against the Borrower or the Guarantor which will not materially adversely affect their respective business, financial condition or operations, or (c)
otherwise previously disclosed to the Lender in the Original Loan Documents; and to the knowledge of the Borrower or the Guarantor, neither the Borrower nor the Guarantor is in default with respect to any order, writ, injunction, decree or demand of
any court or any governmental authority.</font></p> <p><font size=2
face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;All federal, state and local tax returns and reports of the Borrower and the Guarantor required by law to be filed have been duly filed, and all taxes, assessments, fees and other governmental charges upon the Borrower and the
Guarantor and their respective properties, assets, income and franchises which are due and payable have been paid in full.&#160; The Borrower and the Guarantor maintain adequate reserves and/or accruals in respect of federal, state and local taxes
for all fiscal periods, and neither the Borrower nor the Guarantor know of any unpaid assessments for any taxes or any basis therefor.</font></p> <p><font size=2
face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section 7</b>.&#160; <u>Ratification, No Novation, Effect of Modifications</u>.&#160; Except as may be
amended or modified by this Agreement and the Third Amendment to Note, the terms of the Original Loan Documents are hereby ratified, affirmed and confirmed and shall otherwise remain in full force and effect.&#160; To the extent not otherwise
specifically provided herein, it is the intention of the Borrower, the Guarantor and the Lender that nothing in this Agreement shall be construed to extinguish, release, or discharge or constitute, create or effect a novation of, or an agreement to
extinguish, release or discharge, any of the obligations, indebtedness and liabilities of the Borrower or the Guarantor or any other party under the provisions of the Original Loan Documents.&#160; In the event of any conflict between the terms of
the Original Loan Documents and this Agreement, the terms of this Agreement shall control.</font></p> <p><font size=2
face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section 8</b>. <u>Amendments</u>.&#160; This Agreement may be amended or supplemented by and only by an
instrument executed and delivered by each party hereto.</font></p> <p><font size=2 face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section 9</b>.&#160;
<u>Waiver</u>.&#160; The Lender shall not be deemed to have waived the exercise of any right which it holds under the Original Loan Documents unless such waiver is made expressly and in writing (and no delay or omission by the Lender in exercising
any such right shall be deemed a waiver of its future exercise).&#160; No such waiver made as to any instance involving the exercise of any such right shall be deemed a waiver as to any other such instance, or any other such right.&#160; Without
limiting the operation and effect of the foregoing provisions hereof, no act done or omitted by the Lender pursuant to the powers and rights granted to it hereunder shall be deemed a waiver by the Lender of any of its rights and remedies under any
of the provisions of the Original Loan Documents executed in connection with the Loan, and this Agreement is made and accepted without prejudice to any of such rights and remedies. </font></p> <p><font size=2
face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section 10</b>.&#160; <u>Governing Law</u>.&#160; This Agreement shall be given effect and construed by
application of the law of the State of California.</font></p> <p><font size=2 face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section 11</b>.&#160;
<u>Headings</u>.&#160;&#160;&#160; The headings of the sections, subsections, paragraphs and subparagraphs hereof are provided herein for and only for convenience of reference, and shall not be considered in construing their contents.</font></p>
<p><font size=2 face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section 12</b>.&#160; <u>References</u>.&#160; As used herein, all references made (i)
in the neuter, masculine or feminine gender shall be deemed to have been made in all such genders and (ii) in the singular or plural number shall be deemed to have been made, respectively, in the plural or singular number as well.</font></p>
<p><font size=2 face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section 13</b>.&#160; <u>Severability</u>.&#160; No determination by any court,
governmental body or otherwise that any provision of this Agreement or any amendment hereof is invalid or unenforceable in any instance shall affect the validity or enforceability of (i) any other such provision or (ii) such provision in any
circumstance not controlled by such determination.&#160; Each such provision shall be valid and enforceable to the fullest extent allowed by, and shall be construed wherever possible as being consistent with, applicable law.</font></p> <p
align=center><font size=2 face="Times New Roman">9</font></p> <font size=2 face="Times New Roman"><BR> </font>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <font size=2 face="Times New Roman"> </font> <p><font size=2 face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
14</b>.&#160; <u>Binding Effect</u>.&#160; This Agreement shall be binding upon and inure to the benefit of the Borrower, the Guarantor, and the Lender and their respective successors and assigns. </font></p> <p><font size=2
face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section 15</b>.&#160; <u>Effectiveness</u>.&#160; This Agreement shall become effective on and only on
its execution and delivery by each party hereto.</font></p> <p><font size=2 face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section 16</b>.&#160;
<u>Counterparts</u>.&#160; This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original and all of which shall constitute one and the same instrument.</font></p> <p><font size=2
face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section 17</b>.&#160; <b><u>WAIVER OF JURY TRIAL</u>.&#160; THE BORROWER, THE GUARANTOR, THE ADDITIONAL
GUARANTOR AND THE LENDER EACH (i)&nbsp;AGREES NOT TO ELECT A TRIAL BY JURY WITH RESPECT TO ANY ISSUE ARISING OUT OF THIS AMENDMENT, THE NOTE, ANY OTHER ORIGINAL LOAN DOCUMENT, OR THE RELATIONSHIP BETWEEN THE PARTIES, AS LENDER, GUARANTOR AND
BORROWER, THAT IS TRIABLE OF RIGHT BY A JURY AND (ii)&nbsp;WAIVES ANY RIGHT TO TRIAL BY JURY WITH RESPECT TO SUCH ISSUE TO THE EXTENT THAT ANY SUCH RIGHT EXISTS NOW OR IN THE FUTURE.&#160; THIS WAIVER OF RIGHT TO TRIAL BY JURY IS SEPARATELY GIVEN BY
EACH PARTY, KNOWINGLY AND VOLUNTARILY WITH THE BENEFIT OF COMPETENT LEGAL COUNSEL.</b></font></p> <p><font size=2
face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b>IN WITNESS WHEREOF, each of the parties hereto have executed and delivered this Agreement under
their respective seals as of the day and year first written above.</font></p>
<table align=center border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="57%" colspan="3" valign=top> <p><font size=2 face="Times New Roman">WITNESS:</font></p> </td>
<td width="42%" colspan="3" valign=top> <p><font size=2 face="Times New Roman">BORROWER:</font></p> </td> </tr>
<tr>
<td width="57%" colspan="3" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" colspan="3" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="57%" colspan="3" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" colspan="3" valign=top> <p><font size=2 face="Times New Roman">RETIREMENT INNS III, LLC,</font></p> </td> </tr>
<tr>
<td width="54%" colspan="2" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="4" valign=top> <p><font size=2 face="Times New Roman">a Delaware limited liability company</font></p> </td> </tr>
<tr>
<td width="54%" colspan="2" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="45%" colspan="4" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="28%" valign=top> <hr size=1 width="100%" noshade color=black align=center> </td>
<td width="28%" colspan="2" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" colspan="3" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="28%" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="28%" colspan="2" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" colspan="3" valign=top> <p><font size=2 face="Times New Roman">By: </font></p> </td> </tr>
<tr>
<td width="28%" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="28%" colspan="2" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="28%" valign=top> <hr size=1 width="100%" noshade color=black align=center> </td>
<td width="7%" valign=top> <p><font size=2 face="Times New Roman">(SEAL)</font></p> </td> </tr>
<tr>
<td width="28%" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="28%" colspan="2" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign=top> <p><font size=2 face="Times New Roman">Name:</font></p> </td>
<td width="28%" valign=top> <p align=center><font size=1 face="Times New Roman"><b>Abdo H. Khoury</b></font></p> </td>
<td width="7%" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="28%" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="28%" colspan="2" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign=top> <p><font size=2 face="Times New Roman">Title:</font></p> </td>
<td width="28%" valign=top> <p align=center><font size=1 face="Times New Roman"><b>Manager</b></font></p> </td>
<td width="7%" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width=207></td>
<td width=184></td>
<td width=23></td>
<td width=41></td>
<td width=209></td>
<td width=58></td> </tr> </table> <p align=center><font size=2 face="Times New Roman">10</font></p> <font size=2 face="Times New Roman"><BR> </font>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <font size=2 face="Times New Roman"> </font> <p align=center><Font size="2" face="Times New Roman"> &nbsp;</font></p>
<table align=center border=0 cellspacing=0 cellpadding=0 width="100%">
<tr>
<td width="57%" colspan="7" valign=top> <p><font size=2 face="Times New Roman">WINTESS:</font></p> </td>
<td width="42%" colspan="4" valign=top> <p><font size=2 face="Times New Roman">GUARANTOR:</font></p> </td> </tr>
<tr>
<td width="57%" colspan="7" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" colspan="4" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="57%" colspan="7" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" colspan="4" valign=top> <p><font size=2 face="Times New Roman">ARV ASSISTED LIVING, INC.,</font></p> </td> </tr>
<tr>
<td width="53%" colspan="4" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="46%" colspan="7" valign=top> <p><font size=2 face="Times New Roman">a Delaware corporation</font></p> </td> </tr>
<tr>
<td width="28%" colspan="2" valign=top> <hr size=1 width="100%" noshade color=black align=center> </td>
<td width="28%" colspan="4" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" colspan="5" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="28%" colspan="2" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="28%" colspan="4" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" colspan="5" valign=top> <p><font size=2 face="Times New Roman">By: </font></p> </td> </tr>
<tr>
<td width="28%" colspan="2" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="28%" colspan="4" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="3" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="28%" valign=top> <hr size=1 width="100%" noshade color=black align=center> </td>
<td width="8%" valign=top> <p><font size=2 face="Times New Roman">(SEAL)</font></p> </td> </tr>
<tr>
<td width="28%" colspan="2" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="28%" colspan="4" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="3" valign=top> <p><font size=2 face="Times New Roman">Name:</font></p> </td>
<td width="28%" valign=top> <p align=center><font size=1 face="Times New Roman"><b>Abdo H. Khoury</b></font></p> </td>
<td width="8%" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="28%" colspan="2" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="28%" colspan="4" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="3" valign=top> <p><font size=2 face="Times New Roman">Title:</font></p> </td>
<td width="28%" valign=top> <p align=center><font size=1 face="Times New Roman"><b>President</b></font></p> </td>
<td width="8%" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="28%" colspan="2" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="28%" colspan="4" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" colspan="3" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="28%" valign=top> <p align=center><Font size="2" face="Times New Roman"> &nbsp;</font></p> </td>
<td width="8%" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="57%" colspan="6" valign=top> <p><font size=2 face="Times New Roman">WITNESS:</font></p> </td>
<td width="42%" colspan="5" valign=top> <p><font size=2 face="Times New Roman">LENDER:</font></p> </td> </tr>
<tr>
<td width="57%" colspan="6" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" colspan="5" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="28%" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="28%" colspan="5" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="42%" colspan="5" valign=top> <p><font size=2 face="Times New Roman">RED MORTGAGE CAPITAL, INC.,</font></p> </td> </tr>
<tr>
<td width="28%" valign=top> <hr size=1 width="100%" noshade color=black align=center> </td>
<td width="24%" colspan="2" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="46%" colspan="8" valign=top> <p><font size=2 face="Times New Roman">an Ohio corporation, formerly known as</font></p> </td> </tr>
<tr>
<td width="56%" colspan="5" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="43%" colspan="6" valign=top> <p><font size=2 face="Times New Roman">Provident Mortgage Capital, Inc., successor-in-interest to Banc One Capital Funding Corporation</font></p> </td> </tr>
<tr>
<td width="56%" colspan="5" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="43%" colspan="6" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="56%" colspan="5" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="6%" colspan="3" valign=top> <p><font size=2 face="Times New Roman">By: </font></p> </td>
<td width="28%" colspan="2" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="8%" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="56%" colspan="5" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="6%" colspan="3" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="28%" colspan="2" valign=top> <hr size=1 width="100%" noshade color=black align=center> </td>
<td width="8%" valign=top> <p><font size=2 face="Times New Roman">(SEAL)</font></p> </td> </tr>
<tr>
<td width="56%" colspan="5" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="6%" colspan="3" valign=top> <p><font size=2 face="Times New Roman">Name:</font></p> </td>
<td width="28%" colspan="2" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="8%" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="56%" colspan="5" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="6%" colspan="3" valign=top> <p><font size=2 face="Times New Roman">Title:</font></p> </td>
<td width="28%" colspan="2" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td>
<td width="8%" valign=top> <p><Font size="2" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width=205></td>
<td width=2></td>
<td width=178></td>
<td width=1></td>
<td width=25></td>
<td width=4></td>
<td width=1></td>
<td width=40></td>
<td width=0></td>
<td width=207></td>
<td width=59></td> </tr> </table> <p align=center><font size=2 face="Times New Roman">11</font></p> <font size=2 face="Times New Roman"><BR> </font>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
  <font size=2 face="Times New Roman"> </font> <p align=center><font size=2 face="Times New Roman">EXHIBIT A</font></p> <p align=center><font size=2 face="Times New Roman"><u>Third Amendment to Note</u></font></p> <p
align=center><font size=2 face="Times New Roman">See attached.</font></p> <p align=center><font size=2 face="Times New Roman">&nbsp;</font></p>
</BODY></HTML>

</TEXT>
</DOCUMENT>
