IN WITNESS WHEREOF, Borrower has executed this Assignment under seal as of the day and year first above written. STATE OF NORTH DAKOTA ) COUNTY OF CASS ) LF3NORTHBROOK,LLC a Delaware limited liability company By: Lodging Fund REIT III OP, LP a...

Exhibit 10.163

IN WITNESS WHEREOF, Xxxxxxxx has executed this Assignment under seal as of the day and year first above written. STATE OF NORTH DAKOTA ) COUNTY OF CASS ) LF3NORTHBROOK,LLC a Delaware limited liability company By: Lodging Fund REIT III OP, LP a Delaware limited partnership its Sole Member By: Lodging Fund REIT III, Inc. a Maryland corporation, its General Partn · By: . ��..x...,,.....,:.__:_--IL-_,,,---_,­ Name: Xxxxxx X. Xxxxxxxx Its: Chief Operating Office State of North Dakota, County of Cass, this record was acknowledged before me on November2➔, 2021 by Xxxxxx X. Xxxxxxxxxx, Chief Operating Officer of Lodging Fund REIT III, Inc., General Partner of Lodging Fund REIT III OP, LP, Sole Member ofLF3 Northbrook, LLC, a Delaware limited liability company. [Stamp] (signatures continue on following page) (Signature Page to Assignment of Leases and Rents) 46677223 v2 XXXXXXXX X XXXXXXXXXXXX Notary Public State of North Dakota My Commission Expires October 10, 2024 /s/ Xxx Xxxxxxxxxx /s/ Xxxxxxxx Xxxxxxxxxxxx

/s/ Xxx Xxxxxxxxxx /s/ Xxxxxxxx Xxxxxxxxxxxx