HEALTH SYSTEMS REAL ESTATE INC

THE ORGANIZATION IS ORGANIZED TO PROVIDE FOR (I) THE ACQUISITION, FINANCING, LEASING, MAINTENANCE AND OWNERSHIP OF SKILLED NURSING FACILITIES, PERSONAL CARE HOMES, ASSISTED LIVING FACILITIES, CONGREGATE CARE FACILITIES, OTHER TYPES OF SENIOR LIVING AND HOUSING FACILITIES AND OTHER TYPES OF INPATIENT OR OUTPATIENT FACILITIES TO PROVIDE THE FACILITIES THROUGH WHICH HEALTHCARE SERVICES AND RELATED SERVICES MAY BE CONDUCTED BY MEMBERS OF THE COMMUNITY HEALTH SYSTEMS, INC. (CHSI) INTEGRATED HEALTHCARE DELIVERY SYSTEM (IHDS); (II) TO THE EXTENT DETERMINED APPROPRIATE OR NECESSARY, THE LEASING AND SUBLEASING OF SUCH FACILITIES TO ONE OR MORE MEMBERS OF THE CHSI IHDS, BUT NOT TO THIRD PARTIES, AND (III) THE USE OF THE ORGANIZATION'S LEASED OR OWNED UNIMPROVED REAL ESTATE OR IMPROVED REAL ESTATE IN LIMITED LIABILITY COMPANY, GROUND LEASE, PARNTERSHIP OR OTHER ARRANGEMENTS TO PROVIDE TEH CHSI IHDS (BUT NO THIRD PARTIES) WITH TEH USE OF EITHER THE APPLICABLE UNIMPROVED REAL ESTATE AND/OR REAL EST