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20120�59� ASSIGNMENT OF LEASES AND RENTS Project Commonly Known As "Primrose Retirement Community of Grand Island" This document prepared by and after recording return to: Alfred G. Kyle Bracewell & Giuliani LLP 1445 Ross Avenue, Suite 3800 Dallas, TX 75202 THIS ASSIGNMENT OF LEASES AND RENTS (this "Assigrunent") made as of the 16�' day of February, 2012, is by CHT GRAND ISLAND NE SENIOR LIVING, LLC, a Delaware limited liability company (f/k/a CPT Grand Island NE Senior Living, LLC), having an office at 450 South Orange Avenue, Orlando, Florida 32801 ("Assignor"), in favor of KEYBANK NATIONAL ASSOCIATION, a national banking association, having an office at 4910 Tiedeman Road, 3rd Floor, Broqklyn, Ohio 44114, its successors and assigns ("Assignee"). RECITAL5 A. On or about the date hereof, CHT Partners, LP, CHT Senior Living Holding, LLC, CHT Casper WY Senior Living, LLC, Assignor, CHT Billings MT Senior Living, LLC, CHT Marion OH Senior Living, LLC, GHT Mansfield OH Senior Living, LLC (collectively "Borrowers") and Assignee entered into that certain Secured Loan Agreement (as the same may be hereafter amended, restated, supplemented or otherwise modified pursuant to the terms thereof, the "Loan Agreement") whereby Assignee agreed to make a secured loan (the "Loan") available to Borrowers in the maximum aggregate amount at any time outstanding not to exceed the sum of Seventy-One Million Four Hundred Thousand and No/100 Dollars ($71,400,000.00), for the acquisition of the Projects. Capitalized terms used and not otherwise.defined herein shall have the meaning ascribed to such terms in the Loan Agreement. B. In connection with the Loan, Borrowers have executed and delivered to Assignee a Note in favor of Assignee of even date herewith (the "Note") in the principal amount of the Loan, payment of which is secured by (i) the Mortgages and (ii) the other Loan Documents. ASSIGNMENT OF LEASES AND RENTS Page 1 #3982194