EX-10.73.03
SECOND
AMENDMENT TO MASTER LEASE AND SECURITY AGREEMENT
THIS SECOND AMENDMENT TO MASTER LEASE AND
SECURITY AGREEMENT (“Amendment”) is dated as of the
14th day of November, 2008 (the “Effective Date”), and
is among HCP AUR1 CALIFORNIA A PACK, LLC, a Delaware limited
liability company (“HCP California A Pack”), HCP AUR1
CALIFORNIA B PACK, LLC, a Delaware limited liability company
(“HCP California B Pack”), HCP AUR1 CONNECTICUT, LLC, a
Delaware limited liability company (“HCP Connecticut”),
HCP AUR1 MARYLAND, LLC, a Delaware limited liability company
(“HCP Maryland”), HCP AUR1 MASSACHUSETTS, LLC, a
Delaware limited liability company (“HCP
Massachusetts”), HCP AUR1 NEW JERSEY, LLC, a Delaware limited
liability company (“HCP New Jersey”) and HCP AUR1
VIRGINIA, LLC, a Delaware limited liability company (“HCP
Virginia,” and together with HCP California A Pack, HCP
California B Pack, HCP Connecticut, HCP Maryland, HCP Massachusetts
and HCP New Jersey, as their interests may appear,
“Lessor”) and EMERITUS CORPORATION, a Washington
corporation (“Emeritus” or
“Lessee”).
RECITALS
A. Lessor
is the “Lessor” and Lessee is the “Lessee”
pursuant to that certain Master Lease and Security Agreement dated
as of August 22, 2008 (the “Original Lease”), as
amended by that certain First Amendment to Master Lease and
Security Agreement dated as of October 20, 2008 (the “First
Amendment,” and together with the Original Lease,
collectively, the “Lease”). The Lease covers
the Leased Property of eleven (11) senior housing/care Facilities
located in the States of California, Connecticut, Maryland,
Massachusetts, New Jersey and Virginia, all as more particularly
desc
