0000950137-09-002438 Sample Contracts

LOAN MODIFICATION AGREEMENT
Loan Modification Agreement • March 31st, 2009 • Summit Hotel Properties LLC • Hotels, rooming houses, camps & other lodging places • Arizona

This LOAN MODIFICATION AGREEMENT (the “Modification”) is entered into as of December , 2008, by and between GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation (“Lender”), whose address is 8377 East Hartford Drive, Suite 200, Scottsdale, Arizona 85255-5401, and SUMMIT HOTEL PROPERTIES, LLC, a South Dakota limited liability company (“Borrower”), whose address 2701 S. Minnesota Ave., Ste. 6, Sioux Falls, SD 57105.

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FIRST AMENDMENT TO LOAN AGREEMENT, NOTE AND COLLATERAL SECURITY DOCUMENTS
Loan Agreement • March 31st, 2009 • Summit Hotel Properties LLC • Hotels, rooming houses, camps & other lodging places

THIS AMENDMENT is made and entered into as of the 31st day of December, 2008, by and among M&I Marshall & Ilsley Bank (“Bank”) and Summit Hotel Properties, LLC (“Borrower”).

FIRST AMENDMENT TO LOAN AGREEMENT, NOTE AND COLLATERAL SECURITY DOCUMENTS
Loan Agreement • March 31st, 2009 • Summit Hotel Properties LLC • Hotels, rooming houses, camps & other lodging places

THIS AMENDMENT is made and entered into as of the 31st day of December, 2008, by and among M&I Marshall & Ilsley Bank (“Bank”) and Summit Hotel Properties, LLC (“Borrower”).

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