Assignment and Assumption of Purchase and Sale Agreement for Mountain View Healthcare Facility by Global Healthcare REIT, Inc. to EP Nursing Home, LLC
Global Healthcare REIT, Inc. has transferred all its rights and obligations under a Purchase and Sale Agreement for the Mountain View Healthcare facility in El Paso, Texas, to EP Nursing Home, LLC. EP Nursing Home, LLC now assumes all responsibilities and benefits related to the agreement for this facility. The assignment was executed on January 22, 2015, and is binding on both parties.
ASSIGNMENT AND ASSUMPTION
FOR VALUE RECEIVED, GLOBAL HEALTHCARE REIT, INC., (“Assignor”), hereby transfers and assigns unto EP NURSING HOME, LLC, a Georgia limited liability company (“Assignee”), all of Assignor’s right, title and interest in and to that certain Purchase and Sale Agreement effective as of December 16, 2014, (the “Agreement”), relating to the Facility (as defined in the Agreement) commonly known as “Mountain View Healthcare”, and located at 1600 Murchison Road, El Paso, Texas 79902. Assignee hereby assumes all obligations of Assignors under the Agreement with respect to such Facility.
IN WITNESS WHEREOF, Assignor and Assignee have caused this Assignment to be duly executed and delivered as of the 22 day of January, 2015.
[Signatures on Next Page]
HNZW/489496_2.doc/4232-13
ASSIGNOR:
Global Healthcare REIT, Inc.,
a Utah corporation
By:_ _/s/ Christopher F. Brogdon
Christopher F. Brogdon, President
ASSIGNEE:
EP Nursing Home, LLC,
a Georgia limited liability company
By:_ _/s/ Christopher F. Brogdon
Christopher F. Brogdon, Manager
HNZW/489496_2.doc/4232-13
