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201406184
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Last modified
7/20/2017 8:58:53 PM
Creation date
9/29/2014 12:58:31 PM
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DEEDS
Inst Number
201406184
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��14��154 <br /> ��14��137 <br /> Master Tenant shall ma.intain,andJor cause�o be mainta.ined,prvfes�iona.l�iability <br /> insurance that camp�ies with Program �bl�gations. Annua.�l�, upon such tirne <br /> peri�ds as set forth in Pragram�bl�gations,Master Tenant shal�pravide,or cause <br /> to be provid�d, ta HUD and Lender, a �ertifcatian of �ompliance �►vith such <br /> prof�ssional liabil�ty�nsurance requ�rements,as approved by HUD, <br /> 18. TRAI�SFER�F�PER.ATI�NS. <br /> Master T�nant agrees that, in the e�ent that HUD requires a replacement�per�#or <br /> pursuant ta�he�perat�r's Regulatory Agreement,or terminates the Master Lease <br /> �n aceord.anGe �vi�. this Agre�ment, Master Tenant sha11 c�vpera�e with such <br /> actians and shall take al� a�tions ne�essaxy tv [i�pro�ide for an�rderly tran.sition <br /> to the repla�ement operat�r of 1ic�nsed operations with app�icable Medicare and <br /> � Medicaid certificatians in�ac�, �ii} mainta.in narma� a�peratians, (iii) avoid <br /> disp�ac�ment af residents,and���}trar�sfer a�l transf�rahl�prouider agre�ments to <br /> the repla�ement opera�or[s�,as appiica.ble. Master Tenant hereby agrees��waive <br /> any termit�ation fe�s and penalties due to Master Te�aant relating to su�h <br /> terminatic�n�r transf�r actions. <br /> 19. N�TICE. <br /> A11 notices, demands and ather cammunications ["Notice"} urider ar �onc�rning <br /> th.is Agreement shall be in. writing. Ea�h Noti�e shall be addressed to the <br /> int�nded xecip�ents at the�r re�pective a.ddre�s�s set farth herein, and shall be <br /> deemed gx�en on the ear�iest ta occur of��}the date when th�Noti�e is re�eived <br /> by the addressee;(�}the first or secand Business I�ay ai�er the Notice is del��ered <br /> to a recc��n.ized o��rnight cawr�er servi�e, with arrangem�nts made and payment <br /> �f charg�s far ne�t or second Bus�ness Day deli�ery,respectivexy; vr�3}�he third <br /> Business�3ay a�er the Natice xs d�posited in th� United Stat�s mail w�th postage <br /> prepaid,certified mail,return receipt req�xested. <br /> Any N�ti��h�reunder shall be addressed as fal�vws: <br /> Pre�ious�ersions�bs�alete Page 13 of 1� fvrm HUD-�233T-pR�F(R��.D3113) <br />
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