Operator Security Agreement Page 29
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32EXHIBIT B TO OPERATOR SECURITY AGREEMENT
All of the following described property and interests in property, whether now in existence or
hereafter arising
of Grantor, to the extent (but only to the extent) owned by Grantor,
and relating
to, situated or located on or used or usable in connection with the maintenance and/or operation
of a _______________________ located at _______________________________, the legal
description of which is attached hereto as the property described in
Exhibit A
(hereinafter, the
“Premises” or the “Project”), which nursing home and related facilities have been designated as
Project No. _______________:hereafter referred to as the “Land”):
1.
All right, title and interest in and to [Nursing Home] License No.
_______________ for the Project, heretofore issued and/or granted by the State of
___________________, Department of ____________, and any Medicaid/Medicare provider
agreements for the Project held in the name of Grantor.
2.
Hospital beds and equipment, physiotherapy equipment, medical equipment and
apparatus, all other equipment, goods, inventory, and personal property as are commonly used in
this full furnishing and equipping of a ____________ facility, whether personal property or
inventory, whether now owned or hereafter from time to time acquired by the Grantor, together
with all substitutions, replacements, additions, attachments, accessories, accretions, their
component parts thereto or thereof, all other items of like property and all accounts and contract
rights covering or relating to any or all thereof, whether nor in existence or hereafter arising, and
relating to, situated on, or used or usable in connection with the maintenance and/or operation of
the Project.
The term “Collateral” as used and defined herein and in the Lessee Security
3.
Agreement specifically includes the Medicare/Medicaid provider agreements for the
____________ facility upon the Premises, and the payments Grantor is entitled to thereunder,
and the bed authority allocated to the Project by applicable federal, state and local governmental
authorities.
4.
All of the records and books of account now or hereafter maintained by or on
behalf of the Grantor and/or their agents and employees in connection with the Project.
5.
All names now or hereafter used in connection with the Project and the goodwill
associated therewith.
6.
All other licenses, certificates of need, permits and approvals issued by any
federal, state or local governmental entity relating to the operation, management, use and
occupancy of the Project.
All receipts, (a) All fixtures, furniture, equipment and other goods and tangible personal
property of every kind and description whatsoever now or hereafter located on, in or at the Land,
including, but not limited to, all lighting, laundry, incinerating and power equipment; all engines,
boilers, machines, radiators, motors, furnaces, compressors and transformers; all power
generating equipment; all pumps, tanks, ducts, conduits, wire, switches, electrical equipment,
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