1 Exhibit 10.2 AMENDMENT TO PURCHASE AND SALE AGREEMENT This Amendment to Purchase and Sale Agreement ("Amendment") amends that certain Purchase and Sale Agreement (the "Agreement") by and between 270 Center Associates, Limited Partnership ("Seller"), and ARV Assisted Living, Inc., a California corporation ("Buyer), dated as of February 12, 1998. All capitalized terms not defined herein shall have the same definition as in the Agreement. 1. Section 2.3 of the Agreement is hereby amended to state as follows: "The Closing shall occur (and Escrow shall close) on or before April 16, 1998 (the "Closing Date")." 2. This Amendment may be executed in counterparts, each of which shall be deemed an original, but all of which, taken together, shall constitute one and the same instrument. 3. Except as amended herein, the Agreement shall remain in full force and effect. IN WITNESS WHEREOF, the parties have executed this Amendment as of this 2nd day of March, 1998. "SELLER" 270 CENTER ASSOCIATES, LIMITED PARTNERSHIP, a California limited partnership By: Fremont Properties, Inc., its general partner By: /s/ Mark H. Simpson -------------------------------------------- Mark H. Simpson, President 23 2 "BUYER": ARV Assisted Living, Inc. a California corporation By: /s/ Sheila M. Muldoon ------------------------------------- Sheila M. Muldoon, Vice President 24