Date: June 19, 2017
LINE OF CREDIT / PROMISORRY NOTE
InnSuites Hospitality Trust / Phoenix Northern Resort, LLC
Change in Terms – Termination of Loan
We hereby wish to terminate the Line of Credit / Promissory Note between InnSuites Hospitality Trust and Phoenix Northern Airport Resort, LLC. All other terms from the Line of Credit / Promissory Note dated December 22, 2015 are not changed.
|/s/ Phoenix Northern Resort, LLC||/s/ InnSuites Hospitality Trust|
|By Rare Earth Financial, LLC||by James Wirth, CEO|
|Phoenix Northern Resort, LLC||InnSuites Hospitality Trust|