0000900440-06-000177 Sample Contracts

AGREEMENT OF PURCHASE AND SALE
Purchase and Sale Agreement • November 16th, 2006 • Supertel Hospitality Inc • Real estate investment trusts • New York

THIS AGREEMENT, made as of the 10th day of November, 2006, by and between MOTELS OF AMERICA LLC (“MOA”), a Delaware limited liability company having an address at 156 East 56th Street, New York, New York 10019 (“Seller”) and SUPERTEL LIMITED PARTNERSHIP, a Virginia Limited Partnership, having an address at 309 N. 5th Street, Norfolk, Nebraska 68701 (“Purchaser”).

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