<PAGE>   1
                                                                EXHIBIT 10.2.1


                      SCHEDULE OF EXECUTED LEASE AGREEMENTS
                        SHOWING MATERIAL VARIATIONS FROM
                             FORM OF LEASE AGREEMENT

                              (AS OF JUNE 30, 1998)

                          (DOLLAR AMOUNTS IN THOUSANDS)


<TABLE>
<CAPTION>
                                                                                                  Annual
                                                                                              Percentage Rent
                                                                                              ---------------      Suite
Hotel Location/Franchise/                           Commencement        Annual             First     Second       Revenue
Manager (1)                Lessor (2)  Lessee (3)       Date           Base Rent (4)      Tier (5)   Tier (6)   Breakpoint (4)
-----------                ----------  ----------   ------------       -------------      -------    -------    --------------
<S>                           <C>          <C>           <C>                  <C>        <C>        <C>                 <C>
Dallas (Park Central), TX                                 7/28/94               $1,477    17%        65%                $3,590
Jacksonville, FL                                          7/28/94                  882    17%        65%                 3,490
Nashville, TN                                             7/28/94                1,667    17%        65%                 4,290
Orlando (North), FL                                       7/28/94                1,571    19%        65%                 2,650
Orlando (South), FL                                       7/28/94                1,413    17%        65%                 4,580
Tulsa, OK                                                 7/28/94                1,268    19%        65%                 2,770
New Orleans, LA                                           12/1/94                1,960    19%        65%                 4,290
Flagstaff, AZ                                             2/15/95                  570    17%        65%                 1,160
Dallas (Love Field), TX (7)                               3/29/95                1,836    17%        65%                 3,060
Boston-Marlborough, MA                      (8)           6/30/95                  720    19%        65%                   940
Corpus Christi, TX                                        7/19/95                1,000    17%        65%                 1,495
Brunswick, GA                                             7/19/95                1,000    17%        65%                 1,350
Chicago-Lombard, IL            (9)                        8/1/95                 1,900    17%        65%                 3,270
Burlingame (SF Airport), CA    (10)                       11/6/95                3,147    17%        65%                 3,174
Minneapolis (Airport) MN       (10)                       11/6/95                2,778    17%        65%                 2,138
Minneapolis (Downtown), MN     (10)                      11/15/95                1,387    17%        65%                 2,091
St. Paul, MN                   (11)                      11/15/95                1,085    17%        65%                 3,115
Boca Raton, FL (12)            (10)                      11/15/95                  654    17%        65%                 1,421
Tampa (Busch Gardens), FL (12) (10)                      11/15/95                  786    17%        65%                 1,287
Cleveland, OH                  (10)                      11/17/95                1,258    17%        65%                 4,929
Anaheim, CA                    (10)                       1/3/96                 1,272    17%        65%                 2,062
Baton Rouge, LA                (10)                       1/3/96                 1,204    17%        65%                 2,281
Birmingham, AL                 (10)                       1/3/96                 1,898    17%        65%                 1,273
------------------------------------------------------------------------------------------------------------------------------
</TABLE>

<PAGE>   2

<TABLE>
<CAPTION>
                                                                                                  Annual
                                                                                              Percentage Rent
                                                                                              ---------------         Suite
Hotel Location/Franchise/                              Commencement         Annual            First     Second       Revenue
Manager (1)                   Lessor (2)  Lessee (3)       Date           Base Rent (4)      Tier (5)   Tier (6)   Breakpoint (4)
-----------                   ----------  ----------   ------------       -------------      -------    -------    --------------
<S>                               <C>      <C>          <C>                <C>             <C>        <C>           <C>    
Deerfield Beach, FL                (10)                 1/3/96              2,163           17%        65%           2,568 
Ft. Lauderdale, FL                 (10)                 1/3/96              3,228           17%        65%           1,969 
Miami (Airport), FL                (10)                 1/3/96              2,222           17%        65%           2,882 
Milpitas, CA                       (10)                 1/3/96              2,143           17%        65%           1,402 
Phoenix (Camelback), AZ            (10)                 1/3/96              2,812           17%        65%           1,428 
South San Francisco (SF Airport),  (10)                 1/3/96              1,876           17%        65%           3,103 
CA                                                                                                                         
Piscataway, NJ                                          1/10/96             1,355           17%        65%           3,574 
Lexington, KY (13)                                      1/10/96             1,149           17%        65%           2,135 
Beaver Creek, CO                                        2/20/96               375           17%        65%           2,284 
Boca Raton, FL                                          2/28/96             1,368           17%        65%           3,670 
Los Angeles (LAX), CA              (14)                 3/27/96             1,600           17%        65%           4,130 
Mandalay Beach, CA                 (10)                 5/8/96              1,927           17%        65%           2,909 
Napa, CA                           (10)                 5/8/96              1,215           17%        65%           3,145 
Deerfield, IL (15)                         (16)         6/20/96             1,743           17%        65%           2,505 
San Rafael, CA                     (18)    (16)         7/18/96             2,107           17%        65%           2,917 
Parsippany, NJ                     (19)    (16)         7/31/96             2,440           17%        65%           3,930 
Charlotte, NC                      (20)    (16)         9/12/96             2,200           17%        65%           3,353 
Indianapolis, IN                   (21)    (16)         9/12/96             1,470           17%        65%           2,794 
Atlanta (Buckhead), GA                     (16)        10/17/96             3,667           17%        65%           3,872 
Myrtle Beach, SC                           (16)        12/5/96              1,963           17%        65%           6,236 
San Antonio, TX                    (22)    (17)         2/1/97              1,400           17%        65%           2,474 
Raleigh, NC                        (23)    (17)         2/1/97              2,100           17%        65%           2,711 
Overland Park, KS                  (24)    (17)         2/1/97              1,600           17%        65%           2,114 
Secaucus, NJ                       (25)    (17)         2/1/97              2,400           17%        65%           4,788 
Kansas City, MO                    (26)    (17)         2/1/97              2,100           17%        65%           2,976 
Covina, CA                         (27)    (17)         2/1/97                900           17%        65%           3,066 
Austin, TX                         (28)    (17)         2/1/97              2,200           17%        65%           2,378 
-------------------------------------------------------------------------------------------------------------------------- 
</TABLE>


                                      -2-
<PAGE>   3
<TABLE>
<CAPTION>
                                                                                                Annual
                                                                                            Percentage Rent
                                                                                          -------------------      Suite
Hotel Location/Franchise/                               Commencement        Annual          First     Second       Revenue
Manager (1)                  Lessor (2)  Lessee (3)         Date         Base Rent (4)     Tier (5)   Tier (6)   Breakpoint (4)
-----------                  ----------  ----------     ------------     -------------     -------    -------    --------------
<S>                             <C>          <C>           <C>              <C>              <C>        <C>        <C>
Atlanta (Perimeter                                                                                                            
 Center), GA                    (29)        (17)           2/1/97           2,300            17%        65%        2,949
Bloomington, MN (12)                        (17)           2/1/97           1,800            17%        65%        2,468
Omaha, NE (12)                              (17)           2/1/97           1,400            17%        65%        1,703
Los Angeles (LAX North), CA                 (17)           2/18/97          1,669            17%        65%        3,176
Dana Point, CA (12)                         (17)           2/20/97            992            17%        65%        2,211 (1997)
                                                                                                                   1,983 (1988)
Anne Arundel County                                                                                                     
 (BWI), MD (12)                 (31)        (30)           3/20/97 (33)     1,900            17%        65%        2,536
Troy, MI (12)                   (32)        (30)           3/20/97 (33)     2,100            17%        65%        1,936
Austin, TX (12)                 (32)        (30)           3/20/97 (33)     1,900            17%        65%        1,961
San Antonio, TX                 (34)        (17)           5/16/97          1,773            17%        65%        3,640
Nashville, TN                               (35)           6/05/97            900            17%        65%        1,585
Dallas (Market Center), TX                  (17)           6/30/97          2,300            17%        65%        2,896
Syracuse, NY                                (17)           6/30/97          1,400            17%        65%        3,245
Atlanta (Galleria), GA (37)                 (36)           6/30/97 (33)     2,155            17%        65%        3,777
College Park (Atlanta Airport),  
 GA (38)                                    (36)           6/30/97 (33)     2,426            17%        65%        5,033
Dallas (Park Central), TX (38)              (36)           6/30/97 (33)     5,091            17%        65%        6,490
Rosemont (O'Hare Airport),
 IL (37)                                    (36)           6/30/97 (33)     3,522            17%        65%        2,760
Phoenix (Crescent), AZ (38)                 (36)           6/30/97 (33)     2,908            17%        65%        6,218
Durham, NC (12)                             (35)           7/28/97          1,700            17%        65%        1,900
Lake Buena Vista, FL (12)                   (35)           7/28/97          2,900            17%        65%        2,272
Tampa (Rocky Point), FL (12)                (35)           7/28/97          1,700            17%        65%        1,939
Philadelphia Society Hill,
 PA (38)                        (38)        (36)           9/30/97 (33)     3,834            17%        65%        5,220
Burlington, VT (38)                         (40)           12/4/97          2,252            17%        65%        3,181
Dayton, OH (41)                             (35)           12/30/97           797            17%        65%        1,331
Columbus, OH (12)               (32)        (35)           2/6/98           1,534            17%        65%        1,900
Wilmington, DE (42)             (32)        (30)           3/20/98            901            17%        65%        2,284 (1998)
                                                                                                                   2,195 (1999
                                                                                                                         -2001)
                                                                                                                   2,506 (2002)
Denver, CO (41)                 (32)        (30)           4/14/98          1,759            17%        65%        2,712
-------------------------------------------------------------------------------------------------------------------------------
</TABLE>


                                      -3-
<PAGE>   4
<TABLE>
<CAPTION>
                                                                                                  Annual
                                                                                              Percentage Rent
                                                                                              ---------------      Suite
Hotel Location/Franchise/                           Commencement        Annual             First     Second       Revenue
Manager (1)                Lessor (2)  Lessee (3)       Date           Base Rent (4)      Tier (5)   Tier (6)   Breakpoint (4)
-----------                ----------  ----------   ------------       -------------      -------    -------    --------------
<S>                        <C>         <C>          <C>                <C>                <C>        <C>        <C>
Atlanta (College Park), GA                             5/1/98              1,700            17%        65%          3,421
Palm Desert, CA                                        5/1/98              1,700            17%        65%          3,181
Lexington, KY (37)                        (36)         5/1/98              1,500            17%        65%            413
Phoenix, AZ                                            5/1/98              1,900            17%        65%          2,354
Tempe, AZ                                              5/1/98              2,500            17%        65%          1,651
Cypress Creek (Ft.    
  Lauderdale), FL (37)                    (36)         5/1/98              1,982            17%        65%          2,944
Irving (DFW), TX (12)                                  5/1/98              2,884            17%        65%          4,657
Dallas (Campbell Centre),TX (41) (32)     (30)         5/29/98             2,230            17%        65%          2,834
------------------------------------------------------------------------------------------------------------------------------
</TABLE>

--------------------

         (1)      Unless otherwise noted, the hotels under each Lease Agreement
                  are operated as Embassy Suites(R) hotels under a commitment or
                  license agreement with Promus Hotels, Inc., and the Manager as
                  defined in each Lease Agreement is Promus Hotels, Inc. or an
                  affiliate thereof.

         (2)      Unless otherwise noted, Lessor as defined in each Lease
                  Agreement is FelCor Suites Limited Partnership
                  ("Partnership").

         (3)      Unless otherwise noted, Lessee as defined in each Lease
                  Agreement is DJONT Operations, L.L.C., a Delaware limited
                  liability company.

         (4)      The amount shown represents the amount set forth in each Lease
                  Agreement as the annual Base Rent and the threshold suite
                  revenue amount. Both of these amounts are subject to
                  adjustment for changes in the consumer price index and may not
                  represent the actual amount currently required under each
                  Lease Agreement.

         (5)      Represents percentage of suite revenue payable as Percentage
                  Rent up to suite revenue breakpoint.

         (6)      Represents percentage of suite revenue payable as Percentage
                  Rent in excess of suite revenue breakpoint.

         (7)      The Manager as defined in this Lease Agreement is American
                  General Hospitality, Inc.

         (8)      The Lessee is FCOAM Inc.

         (9)      The Lessor as defined in this Lease Agreement is Promus/FelCor
                  Lombard Venture, a joint venture between the Partnership and
                  Promus Hotels, Inc.

         (10)     The Lessor as defined in these Lease Agreements is FelCor/CSS
                  Holdings, L.P., of which the Partnership is a 99% limited
                  partner and another subsidiary of the Company is a 1% general
                  partner.

         (11)     The Lessor as defined in this Lease Agreement is FelCor/St.
                  Paul Holdings, L.P., of which the Partnership is a 99% limited
                  partner and another subsidiary of the Company is a 1% general
                  partner.

         (12)     The hotels under these Lease Agreements are operated as
                  Doubletree Guest Suites(R) hotels.

         (13)     The hotel under this Lease Agreement is operated as a Hilton
                  Suites(R) hotel under a franchise or license agreement with
                  Hilton Inns, Inc., and the Manager as defined in this Lease
                  Agreement is American General Hospitality, Inc.



                                      -4-
<PAGE>   5
         (14)     The Lessor as defined in this Lease Agreement is Los Angeles
                  International Airport Hotel Associates, a limited partnership
                  of which the Partnership is the sole general partner and of
                  which the Partnership has an approximate 97% partnership
                  interest.

         (15)     The Manager as defined in this Lease Agreement is Coastal
                  Hotel Group, Inc.

         (16)     The Lessee as defined in the Lease Agreement for these hotels
                  is DJONT Leasing, L.L.C., a Delaware limited liability
                  company, pursuant to an assignment of the applicable Lease
                  Agreement from DJONT Operations, L.L.C.

         (17)     The Lessee as defined in the Lease Agreement for these hotels
                  is DJONT Leasing, L.L.C., a Delaware limited liability
                  company.

         (18)     The Lessor as defined in this Lease Agreement is MHV Joint
                  Venture, a joint venture between the Partnership and Promus
                  Hotels, Inc.

         (19)     The Lessor as defined in this Lease Agreement is Promus/FelCor
                  Parsippany Venture, a joint venture between the Partnership
                  and Promus Hotels, Inc.

         (20)     The Lessor as defined in this Lease Agreement is E.S.
                  Charlotte, a Minnesota limited partnership, of which the
                  Partnership owns a 49% limited partner interest and FelCor/CSS
                  Hotels, L.L.C., a Delaware limited liability company and
                  subsidiary of the Partnership, owns a 1% general partner
                  interest.

         (21)     The Lessor as defined in this Lease Agreement is E.S. North, a
                  Indiana Limited Partnership, of which the Partnership owns a
                  49% limited partner interest and FelCor/CSS Hotels, L.L.C., a
                  Delaware limited liability company and subsidiary of the
                  Partnership, owns a 1% general partner interest.

         (22)     The Lessor as defined in this Lease Agreement is EPT San
                  Antonio Limited Partnership, of which the Partnership owns 49%
                  and FelCor Eight Hotels, L.L.C. a subsidiary of the
                  Partnership ("FelCor Eight") owns a 1% general partner
                  interest.

         (23)     The Lessor as defined in this Lease Agreement is EPT Raleigh
                  Limited Partnership, of which the Partnership owns 49% and
                  FelCor Eight owns a 1% general partner interest.

         (24)     The Lessor as defined in this Lease Agreement is EPT Overland
                  Park Limited Partnership, of which the Partnership owns 49%
                  and FelCor Eight owns a 1% general partner interest.

         (25)     The Lessor as defined in this Lease Agreement is EPT
                  Meadowlands Limited Partnership, of which the Partnership owns
                  49% and FelCor Eight owns a 1% general partner interest.

         (26)     The Lessor as defined in this Lease Agreement is EPT Kansas
                  City Limited Partnership, of which the Partnership owns 49%
                  and FelCor Eight owns a 1% general partner interest.

         (27)     The Lessor as defined in this Lease Agreement is EPT Covina
                  Limited Partnership, of which the Partnership owns 49% and
                  FelCor Eight owns a 1% general partner interest.

         (28)     The Lessor as defined in this Lease Agreement is EPT Austin
                  Limited Partnership, of which the Partnership owns 49% and
                  FelCor Eight owns a 1% general partner interest.

         (29)     The Lessor as defined in this Lease Agreement is EPT
                  Atlanta-Perimeter Center Limited Partnership, of which the
                  Partnership owns 49% and FelCor Eight owns a 1% general
                  partner interest.

         (30)     The Lessee as defined in the Lease Agreement for this hotel is
                  FCH/DT Leasing, L.L.C., a Delaware limited liability company.

         (31)     The Lessor as defined in the Lease Agreement is FCH/DT BWI
                  Holdings, L.P., a Delaware limited partnership.

         (32)     The Lessor as defined in these Lease Agreements is FCH/DT
                  Holdings, L.P., a Delaware limited partnership.



                                      -5-
<PAGE>   6
         (33)     The Lease is for a term of 15 years and contains an automatic
                  renewal provision, pursuant to which the Lease shall be
                  extended for an additional five-year term if the corresponding
                  Management Agreement is extended pursuant to the terms thereof
                  for an additional five-year period.

         (34)     The Lessor is Promus/FelCor San Antonio Venture, a Texas
                  general partnership.

         (35)     The Lessee is FCH/DT Leasing II, L.L.C., a Delaware limited
                  liability company.

         (36)     The Lessee is FCH/SH Leasing, L.L.C., a Delaware limited
                  liability company.

         (37)     The hotel under this Lease Agreement is operated as a Sheraton
                  Suites(R) hotel and managed by a subsidiary of Starwood Hotels
                  & Resorts.

         (38)     The hotel under this Lease Agreement is operated as a
                  Sheraton(R) hotel and managed by a subsidiary of Starwood
                  Hotels & Resorts.

         (39)     The Lessor is FCH/PSH, L.P., a Pennsylvania limited
                  partnership.

         (40)     The Lessee is FCH/SH Leasing II, L.L.C., A Delaware limited
                  liability company.

         (41)     The hotel under this lease agreement is operated as a
                  Doubletree(R) hotel.

         (42)     The hotel under this lease agreement is currently operated as
                  a Radisson(R) hotel.



                                      -6-