0000950137-08-013688 Sample Contracts

CONSTRUCTION LOAN AGREEMENT (Arizona — Income Property) By and Between SUMMIT HOTEL PROPERTIES, LLC, as Borrower and COMPASS BANK, as Bank
Construction Loan Agreement • November 13th, 2008 • Summit Hotel Properties LLC • Hotels, rooming houses, camps & other lodging places • Arizona

This Construction Loan Agreement (“Agreement”) is dated for reference purposes as of September 17, 2008, between SUMMIT HOTEL PROPERTIES, LLC, a South Dakota limited liability company (the “Borrower”), and COMPASS BANK, an Alabama banking corporation (the “Bank”).

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