Open-End Mortgage, Security Agreement and Financing Statement Sample Contracts

OPEN-END MORTGAGE, SECURITY AGREEMENT AND FINANCING STATEMENT [To Secure up to $1,000,000.00 (exclusive of interest)]

Open-End Mortgage, Security Agreement and Financing Statement • May 13th, 2003 • MTR Gaming Group Inc • Services-miscellaneous amusement & recreation

• Contract Type
  Open-End Mortgage, Security Agreement and Financing Statement
• Filed
  May 13th, 2003
• Company
  MTR Gaming Group Inc
• Industry
  Services-miscellaneous amusement & recreation

Scioto Downs, Inc., an Ohio corporation ("Mortgagor"), whose address is 6000 South High Street, Columbus, Ohio 43207, in consideration of One Million Dollars ($1,000,000.00 paid or to be paid to or on behalf of Mortgagor by MTR Gaming Group, Inc., a Delaware corporation ("Mortgagee"), whose address is State Route 2, P.O. Box 356, Chester, WV 26034, hereby grants with mortgage covenants to Mortgagee, its successors and assigns forever, the approximately 173 acre parcel of land in the State of Ohio, County of Franklin, and Township of Hamilton, commonly known as 6000 South High Street, as more fully described on the Exhibit A attached to this Mortgage and made a part hereof (the "Property").