InnSuites Hospitality Trust (IHT) 8-K/A Iht Doubles Dividend; Pre-depreciation Income Grows

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