0000900440-06-000146 Sample Contracts

UNCONDITIONAL GUARANTY OF PAYMENT AND PERFORMANCE
Unconditional Guaranty • August 23rd, 2006 • Supertel Hospitality Inc • Real estate investment trusts

THIS UNCONDITIONAL GUARANTY OF PAYMENT AND PERFORMANCE (this “Guaranty”) is made as of August 18, 2006, by SUPERTEL HOSPITALITY, INC., a Virginia corporation (“Guarantor”), for the benefit of GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation (“Lender”).

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AMENDMENT TO AGREEMENTS FOR THE PURCHASE AND SALE OF EXTENDED-STAY FACILITIES
Supertel Hospitality Inc • August 23rd, 2006 • Real estate investment trusts

THIS AMENDMENT is made this 11th day of August, 2006, by and between Pine Street, LLC (“Pine Street”), Greenville Hotel, LLC (“Greenville”), Memorial, LLC (“Memorial”), Chamblee Georgia, LLC (“Chamblee”), Augusta, Inc. (“Augusta”), Jonesboro Hotel, Inc. (“Jonesboro”), Savannah Georgia, Inc. (“Savannah”) and Supertel Limited Partnership (“Purchaser”). As used herein, Pine Street, Greenville, Memorial, Chamblee, Augusta, Jonesboro and Savannah may sometimes hereinafter be collectively referred to “Sellers” and individually referred to as a “Seller”.

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