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<br /> DEED OF TRUST, ASSIGNMENT OF LEASES AND RENTS,
<br /> � � SECURITY AGREEMENT AND FINANCING STATEMENT ` ,...;;,,�,.;,,,,
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<br /> DEED OF TRUST, A3SIGNMENT OF LEA3ES AND REPITS, I
<br /> � SECURITY AGREEMENT AND FINANCING STATEMENT (herein called , .
<br /> Chis "Deed af Trust") dated as of December 27, 1990 from •
<br /> BEVERLY EI�TERPRISES-NEBRASKA, INC. , a California c�rporation � ,
<br /> i � , � (herein, toqet�er with its success0rs and assigns, called +
<br /> � � the "Trustor"') to FIRST AMERICAN TITLE INSURANCE CoMAP1�Y, !
<br /> a California corporation, not in its individual capacity but
<br /> solely as Trustee hereunder (herein, together with ita suc-
<br /> cessors and assigns, called the "Trustee") , for the benefit
<br /> of WILMiNGTON TRUST COMPANY, a Del��rare baa�kinq corporation, .
<br /> ,�• not in its individual capacity but sr�3ely as Collateral '
<br /> Trustee ur�eler the Trust Agreement hereinafter described '
<br /> �. ,� (herein, te�gether with its suacessors and assigns, called the �� ��'
<br /> . �
<br /> , nBellefiCfsryu) ; �_ :�� ; -
<br /> :�
<br /> � .�;��. , �.' , r�i's� _
<br /> RECITAI,S: i �•,.°�,r"•'���'r: ,.
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<br /> A. Credit Aareement. Reference �s hereby made to ��
<br /> that certain Credit Agreement (the "Credit Aareement") datad ' � � °���
<br /> as of the date hereof among Heverly Cal�fornfa Corporation , �. ,,,;:;�. ,
<br /> (the "Borrawer") , Beverly Enterprises, Tnc. {the ��Guaran- ��' .
<br /> � tor") , each bank which is or may hereafter become a party '
<br /> � thereto (the "Hanks") , More��n Guaranty Trwst �ompany of New .';'�i;
<br /> • • , York, as issuing bank for certain letters o� credit (the . �� ��'.,' "�
<br /> ' ' " "Issuing Hank") , an�i Morgan Guaranty Trust Compan}� of New .�
<br /> . � ,',�, Ya�k, as agent for the Banks (the "Agent") . Pursuant to the
<br /> . ' . �� ' Credit Agreement, (i) the Hanks have extenx]ed, or may f rom , � �' ��
<br /> " time to time extend, to the Borrower Regular Term Loans, �
<br /> Nippon Loans and Working Capital Loans (herein collectively
<br /> called the "Loans") and the Borrow�r has executed and
<br /> ' delivered certain notes evidencinq the Horrower�s obliqation -
<br /> � to repay the Loans (herein collectively called the "Notes")
<br /> and (fi) the Issuing Bank has issued, or may from time to � �
<br /> time issue, letters of credit for the account of the Borrower
<br /> • or its subsidiaries (herein collectively called th� "Letters �. „
<br /> � • , . of Credit") and the Horrower has agreed to refmburse the ; '� '
<br /> `. � , � issuing Bank for al1 amouants paid by the Issuing Bank pur- �! �' '
<br /> :i � � suant to such Latters of �xpdit (with the Borrower�s repay-
<br /> �r;,;.:,- ment obligations herein cal�ed the "Reitnbursement Obliqa-
<br /> ' tions") .
<br /> , ;�:, , B. Indenture. RePerence is hereby made to the
<br /> t�� •�.�: �. that aertain Indenture (tfie "Indenture") dated as of the date
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