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<br /> �� '�` � 97-1i09o9
<br /> � "� °�` EXFI'IBIT 8 `
<br /> ��'��� � TO UCC-1 FINANCING STATEMENT BY
<br /> _a ' NORTN CEN�'RAL ASSISTED LIVING, L.L.C., AS DEB�'�R, AND -
<br />�-" � i CAPSTONE CAPITAL CORPORATION, AS SECURED PARTY
<br /> .,
<br /> �''. �� ` ' I.0 DEFIN�D T�RMC= As used in this Financing Statement, the following terms shall
<br /> ,�.�.�,:.
<br /> �"+�� have the following meanings:
<br /> r
<br /> ' .' " "Accaunts" means all accounts (inr.luding accounts receivable)arising from the operation
<br /> _ ;''. , of the Facility, including but not limited to, rights to payment for goods so4d or leased or for -
<br /> .��� ��..���:.• services rendered, not evidenced by an Instrument, and s cificall
<br /> pe y including rights to payment
<br />°`^'.�. �_'- from Reimbursement Contracts.
<br />-="`':�•''�• "Appurtenant Rights" means all easements, rights-of-way, strips and gores of land,
<br /> vaults, strcets, ways, alleys, passages. s�wer rights, waters, water courses� water rights and
<br /> � �' " powers, minerals, flowers, shrubs, crops, trees� timber and other emblernents now or hereafter
<br />- . � {� appurtenant to,or used or useful in connection with�or located on,under or above the Property,
<br />-- � or any part or parcel thereof, and all ground leases,estates, rights, titles, interests, privileges,
<br /> - �, liberties, tenements� hereditaments and appurcenances, reversions, and remainders whatsoever,
<br /> ..:�;;�,.:ft:,�• in any way�:,langing�r�latu��ur apper"caining to the Property or any other Collateral, or any part
<br /> ,��.
<br /> thereof.
<br />- _ :�: •
<br /> •:��;
<br />=:::•. ..� �.� "Equipment"means all equipment located on,attached to or uscd in connection witli the
<br /> ``�''�' � � � Property or Faciliry. including, but not limited to, all beds, linen,televisions, telephones. cash
<br />-?�4U.I��t:� �J�
<br /> ��'';"`'��� registers, computers, lamps� glassware, rehabilitation equipment, and restaurant and kitchen
<br /> �....r.,•,.;•
<br />='":�'"� equipment;provided, however, that with respect to anq it�ms which are leased and not owned,
<br /> ,-:..�,r�: �
<br /> �=;���.�,� the Equiprnent shall include the leasehold interest only together with any options to pucchase any
<br /> � .;1.,.��1
<br />===� " of said items and an additional or gmater rights with respect to such items which are hereafter
<br /> ��':�..�. Y
<br />��:��-�--
<br /> _ -��:��':,;� acquired.
<br />.-'f��""-'t.�
<br /> ��T�p'� "Facflity" means the assisted living facility providing assisted living units to residents at
<br /> _ :.:..,,..
<br /> - � ;`� � the Properry together with any othes general ox specialized care facilities,if any,now or hereafter
<br /> _ . � ' operated at the Property.
<br /> ,::. ..
<br /> '"�r` "General Intangibles"means all general intangibles and other intangible personal property
<br /> r �. arising out of ar connected with the Property or the Facili
<br /> ,,,,.x. ty (other than Accounts, Rents�
<br /> . . Instruments, Inventory, Money and Permits), including, without limitation, things in action, _.
<br /> ., � �� ,. contract rights and other rights to payment of money. �
<br /> �'a-
<br /> F':-
<br /> °Irnprovements" means all buildings, swctures, improvements aad fixtures of every � '
<br /> nature whatsoever now or hereafter situated on or attached to the Property, including, but not
<br /> limited to, all gas and electric fixtures, radiators, heaters, engines and machinery, boilers, ranges,
<br /> 494786.1 B-1
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