0000950152-04-004064 Sample Contracts

GUARANTY
Guaranty • May 14th, 2004 • Mid State Raceway Inc • Services-racing, including track operation • Nevada
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BACKGROUND ----------
Escrow Agreement • May 14th, 2004 • Mid State Raceway Inc • Services-racing, including track operation • Nevada
WITNESSETH
Indemnification & Liability • May 14th, 2004 • Mid State Raceway Inc • Services-racing, including track operation • Nevada
WITNESSETH
Loan Agreement • May 14th, 2004 • Mid State Raceway Inc • Services-racing, including track operation
WITNESSETH
Loan Agreement • May 14th, 2004 • Mid State Raceway Inc • Services-racing, including track operation • Nevada
WITNESSETH
Indemnification Agreement • May 14th, 2004 • Mid State Raceway Inc • Services-racing, including track operation • Nevada
Vestin Mortgage April 9, 2004
Loan Agreement • May 14th, 2004 • Mid State Raceway Inc • Services-racing, including track operation
QUIT CLAIM ASSIGNMENT
Quit Claim Assignment • May 14th, 2004 • Mid State Raceway Inc • Services-racing, including track operation

FOR VALUE RECEIVED, the undersigned Shawn Scott ("Scott") All Capital LLC ("All Capital"), Vernon, LLC ("Vernon") and Capital One LLC ("Capital", and Scott, All Capital, Vernon and Capital One collectively the "Assignor") does hereby transfer, sell, assign and convey unto Raceway Ventures, LLC (the "Assignee") any and all rights of every kind, nature or description, if any, which Assignor has to provide debt or equity financing to Mid-State Raceway, Inc.

April 10, 2004
Scott Guarantee • May 14th, 2004 • Mid State Raceway Inc • Services-racing, including track operation
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