NOTE AND MORTGAGE MODIFICATION AGREEMENT DATED: November 30, 2005 ATLANTIC COAST ENTERTAINMENT HOLDINGS, INC., Record and return to: a Delaware corporation, Kenneth D. Wolfe, Esquire and Cooper Levenson April Niedelman & Wagenheim, P.A. DRAWBRIDGE...Note and Mortgage Modification Agreement • March 16th, 2006 • Atlantic Coast Entertainment Holdings Inc • Hotels & motels • New Jersey
This Note and Mortgage Modification Agreement (the “Modification Agreement”), made this 30th day of November, 2005 (the “Effective Date”), by and among Atlantic Coast Entertainment Holdings, Inc., a Delaware corporation (the “Borrower”), Ace Gaming, LLC, a New Jersey limited liability company (the “Guarantor”), each with an office located c/o The Sands Hotel & Casino, Indiana Avenue & Brighton Park, Atlantic City, New Jersey 08401, and Drawbridge Special Opportunities Fund LP, a national banking association, having an address at 1345 Avenue of the Americas, New York, New York 10105 (the “Lender”).
