0001193125-09-103889 Sample Contracts

UNCONDITIONAL GUARANTY OF PAYMENT AND PERFORMANCE
Payment and Performance • May 8th, 2009 • Supertel Hospitality Inc • Real estate investment trusts

THIS UNCONDITIONAL GUARANTY OF PAYMENT AND PERFORMANCE (this “Guaranty”) is made as of March 16, 2009 to be effective as of December 31, 2008, by SUPERTEL HOSPITALITY, INC., a Virginia corporation (“Guarantor”), for the benefit of GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation (“Lender”).

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FIRST AMENDMENT TO AMENDED AND RESTATED LOAN AGREEMENT
Loan Agreement • May 8th, 2009 • Supertel Hospitality Inc • Real estate investment trusts

This First Amendment to Amended and Restated Loan Agreement (the “First Amendment”) is entered into as of the 4th day of February, 2009 by and between SUPERTEL HOSPITALITY, INC., a Virginia corporation (the “Borrower”) and GREAT WESTERN BANK, a South Dakota corporation (the “Bank”).

GLOBAL AMENDMENT AND CONSENT
Global Amendment and Consent • May 8th, 2009 • Supertel Hospitality Inc • Real estate investment trusts • Arizona

THIS GLOBAL AMENDMENT AND CONSENT (this “Amendment”), dated as of March 16, 2009 to be effective as of December 31, 2008 (the “Effective Date”), is by and between GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation (“Lender”) and SUPERTEL LIMITED PARTNERSHIP, a Virginia limited partnership (“Supertel”) and SPPR – SOUTH BEND, LLC (“SPPR” and, together with Supertel, “Borrower”).

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