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SECOND AMENDMENT TO LOAN AGREEMENT
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This Second Amendment to Loan Agreement (this "Amendment") is
entered into at Columbus, Ohio, by and among The Huntington National
Bank and Norwest Bank Minnesota, National Association (the "New Bank")
through its Norwest Loan Partners Division, as lenders (collectively,
the "Banks"); The Huntington National Bank, as agent (the "Agent");
and Red Roof Inns, Inc., as borrower (the "Company"), as of the ______
day of December, 1995, in order to amend the Loan Agreement entered
into by and between The Huntington National Bank (in its respective
roles as lender and agent) and the Company as of the 9th day of
November, 1995 (the "Loan Agreement"), as the Loan Agreement has
thereafter been amended.
Whereas, the parties to this Amendment desire for the New Bank
to become a Bank under the terms of the Loan Agreement, the Loan
Agreement is hereby amended as follows:
1. The New Bank shall become a Bank as defined in the Loan
Agreement effective as of the date of this Amendment, entitled to all
the benefits and subject to all the obligations of a Bank under the
terms of the Loan Agreement. The New Bank agrees to be bound by all
those provisions of the Loan Agreement binding upon a Bank.
2. The Commitment Limit (as defined in the Loan Agreement) of
the New Bank shall be $10,000,000.00, and the Commitment Limit of The
Huntington National Bank shall be reduced by that amount.
3. All communications directed to the New Bank under the Loan
Agreement or the promissory note executed and delivered to the New
Bank in connection herewith shall be mailed to:
Norwest Loan Partners, a division of
Norwest Bank Minnesota, National Association
Sixth and Marquette
Minneapolis, Minnesota 55479-0075
Attention: Duncan Sinclair
Vice President
NORWEST BANK MINNESOTA,
NATIONAL ASSOCIATION, BY ITS
NORWEST LOAN PARTNERS
DIVISION
By: /s/ R. Duncan Sinclair
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Its: VICE PRESIDENT
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THE HUNTINGTON NATIONAL BANK
By: /s/ Chris Spence
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Its: Commercial Loan Officer
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THE HUNTINGTON NATIONAL BANK,
as Agent
By: /s/ Chris Spence
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Its: Commercial Loan Officer
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RED ROOF INNS, INC.
By: /s/ Francis W. Cash
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Its: President and CEO
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