Line Of Credit

Date: June 19, 2017 LINE OF CREDIT / PROMISORRY NOTE InnSuites Hospitality Trust / Phoenix Northern Resort, LLC Change in Terms - Termination of Loan

 

 

   
 

 

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
Borrower   Lender