200314134
<br />EXHIBIT I TO UCC -1 FINANCING STATEMENT
<br />Debtor: Beverly Enterprises- Nebraska, Inc.
<br />c/o Beverly Enterprises, Inc.
<br />1000 Beverly Way
<br />Fort Smith, Arkansas 72919
<br />Secured Party: LEHMAN COMMERCIAL PAPER INC., as Administrative Agent
<br />745 Seventh Avenue
<br />New York, New York 10019
<br />DESCRIPTION OF COLLATERAL
<br />This Financing Statement covers all of Debtor's right, title and interest in and to
<br />the following property now owned or at any time hereafter acquired by Debtor or in which
<br />Debtor may acquire any right, title or interest (all of which property described below hereinafter
<br />collectively called the "Collateral ", but excluding in each case any Excluded Assets (as such
<br />term is defined in that certain Guarantee and Collateral Agreement dated as of October _2Z, 2003
<br />between, among others, Debtor and Secured Party (the "Guarantee "))):
<br />1. the fee simple estate in the parcel(s) of real property, if any, described on Schedule A
<br />attached (the "Land "), together with all of the buildings, improvements, structures and
<br />fixtures now or subsequently located on the Land (the "Improvements "; the Land and the
<br />Improvements being collectively referred to as the "Real Estate ");
<br />2. all the estate, right, title, claim or demand whatsoever of Debtor, in possession or expectancy,
<br />in and to the Real Estate or any part thereof;
<br />all easements, rights of way, licenses, operating agreements, abutting strips and gores of land,
<br />streets, ways, alleys, passages, sewer rights, waters, water courses, water and flowage rights,
<br />development rights, air rights, mineral and soil rights, plants, standing and fallen timber, and
<br />all estates, rights, titles, interests, privileges, licenses, tenements, hereditaments and
<br />appurtenances belonging, relating or appertaining to the Real Estate, and any reversions,
<br />remainders, rents, issues, profits and revenue thereof and all land lying in the bed of any
<br />street, road or avenue, in front of or adjoining the Real Estate to the center line thereof;
<br />4. all of the fixtures, chattels, business machines, machinery, apparatus, equipment, furnishings,
<br />fittings, appliances and articles of tangible personal property of every kind and nature
<br />whatsoever, and all appurtenances and additions thereto and substitutions or replacements
<br />thereof (together with, in each case, attachments, components, parts and accessories)
<br />currently owned or subsequently acquired by Debtor and now or subsequently attached to, or
<br />contained in or used or usable in any way in connection with any operation or letting of the
<br />Real Estate, including but without limiting the generality of the foregoing, all screens,
<br />awnings, shades, blinds, curtains, draperies, artwork, carpets, rugs, storm doors and windows,
<br />furniture and furnishings, heating, electrical, and mechanical equipment, lighting,
<br />switchboards, plumbing, ventilating, air conditioning and air - cooling apparatus, refrigerating,
<br />and incinerating equipment, escalators, elevators, loading and unloading equipment and
<br />systems, stoves, ranges, laundry equipment, cleaning systems (including window cleaning
<br />053114- 1025- 08068- NY02.2311147.2
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