EX-10.2 3 ex10-2.htm

Date: 6/19/2017

LINE OF CREDIT / PROMISORRY NOTE

InnSuites Hospitality Trust / Tempe/Phoenix Airport Resort, LLC

Change in Terms

| 1) | Change Maturity date from June 30, 2017 to June 30, 2019
| 2) | Change Line of Credit Maximum Amount from $500,000 to $1,000,000

All other terms from the Line of Credit / Promissory Note InnSuites Hospitality Trust / Tempe Phoenix Airport Resort, LLC dated December 22, 2015 are not changed.

/s/ Tempe/Phoenix Airport Resort, LLC |  | /s/ InnSuites Hospitality Trust
by Rare Earth Financial, LLC, Managing Member |  | by James Wirth, CEO
Tempe/Phoenix Airport Resort, LLC |  | InnSuites Hospitality Trust
Borrower |  | Lender