diff --git a/fs/notify/inode_mark.c b/fs/notify/inode_mark.c
index 9ce062218de9..e8497144b323 100644
--- a/fs/notify/inode_mark.c
+++ b/fs/notify/inode_mark.c
@@ -288,20 +288,25 @@ void fsnotify_unmount_inodes(struct list_head *list)
 		spin_unlock(&inode->i_lock);
 
 		/* In case the dropping of a reference would nuke next_i. */
-		if ((&next_i->i_sb_list != list) &&
-		    atomic_read(&next_i->i_count)) {
+		while (&next_i->i_sb_list != list) {
 			spin_lock(&next_i->i_lock);
-			if (!(next_i->i_state & (I_FREEING | I_WILL_FREE))) {
+			if (!(next_i->i_state & (I_FREEING | I_WILL_FREE)) &&
+						atomic_read(&next_i->i_count)) {
 				__iget(next_i);
 				need_iput = next_i;
+				spin_unlock(&next_i->i_lock);
+				break;
 			}
 			spin_unlock(&next_i->i_lock);
+			next_i = list_entry(next_i->i_sb_list.next,
+						struct inode, i_sb_list);
 		}
 
 		/*
-		 * We can safely drop inode_sb_list_lock here because we hold
-		 * references on both inode and next_i.  Also no new inodes
-		 * will be added since the umount has begun.
+		 * We can safely drop inode_sb_list_lock here because either
+		 * we actually hold references on both inode and next_i or
+		 * end of list.  Also no new inodes will be added since the
+		 * umount has begun.
 		 */
 		spin_unlock(&inode_sb_list_lock);