0001193125-09-229150 Sample Contracts

LOAN MODIFICATION AGREEMENT
Loan Modification Agreement • November 9th, 2009 • Supertel Hospitality Inc • Real estate investment trusts • Arizona

This LOAN MODIFICATION AGREEMENT (the “Modification”) is entered into as of September 30____, 2009, by and between the lender listed on Exhibit A (“Lender”), whose address is 8377 East Hartford Drive, Suite 200, Scottsdale, Arizona 85255-5401, and SUPERTEL LIMITED PARTNERSHIP, a Virginia limited partnership (“Borrower”), whose address is 305 North 5th Street, P. O. Box 1448, Norfolk, Nebraska, 68701. This Modification is also joined in by SUPERTEL HOSPITALITY, INC., a Virginia corporation, SUPERTEL HOSPITALITY, REIT TRUST, a Maryland real estate investment trust (collectively, if more than one, “Guarantor”) whose address is 305 North 5th Street, P. O. Box 1448, Norfolk, Nebraska, 68701.

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LOAN MODIFICATION AGREEMENT
Loan Modification Agreement • November 9th, 2009 • Supertel Hospitality Inc • Real estate investment trusts • Arizona

This LOAN MODIFICATION AGREEMENT (the “Modification”) is entered into as of September 30___, 2009, by and between the lender listed on Exhibit A (“Lender”), whose address is 8377 East Hartford Drive, Suite 200, Scottsdale, Arizona 85255-5401, and SPPR-SOUTHBEND, LLC, a Delaware limited liability company (“Borrower”), whose address is 305 North 5th Street, P. O. Box 1448, Norfolk, Nebraska, 68701. This Modification is also joined in by SUPERTEL HOSPITALITY, INC., A Virginia corporation, SUPERTEL HOSPITALITY, REIT TRUST, a Maryland real estate investment trust and SUPERTEL LIMITED PARTNERSHIP, a Virginia limited partnership (collectively, if more than one, “Guarantor”) whose address is 305 North 5th Street, P. O. Box 1448, Norfolk, Nebraska, 68701.

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