EX-10.59 15 a71252ex10-59.txt EXHIBIT 10.59 1 Exhibit 10.59 ASSIGNMENT ARV ASSISTED LIVING, INC., a Delaware corporation, of 245 Fischer Avenue, D-1, Costa Mesa, California 92626 ("Assignor"), hereby assigns to EENHOORN GP-LANSING, LLC, a Michigan limited liability company, of 2620 Horizon Drive, S.E., Suite C, Grand Rapids, Michigan 49546 all of its interest in a Developer Note dated January 16, 2001, from the LANSING HOUSING PARTNERS LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP, a California limited partnership, in the amount of One Million Three Hundred Thirty-Two Thousand Dollars ($1,332,000) (the "Developer Note"). Dated: January 16, 2001. ASSIGNOR: ARV Assisted Living, Inc. By: -------------------------- Its: ---------------------