Prepared by, Record and Return To: Andrew Kaplan, Esquire Fox Rothschild, LLPMortgage and Security Agreement • October 2nd, 2007 • Dirt Motor Sports, Inc. • Services-racing, including track operation
SUBSIDIARY GUARANTYSubsidiary Guaranty • October 2nd, 2007 • Dirt Motor Sports, Inc. • Services-racing, including track operation • New York
SUBSIDIARY GUARANTY (this "Guaranty") dated September 28, 2007 made by the Persons listed on the signature pages hereof under the caption "Subsidiary Guarantors" (each a "Subsidiary Guarantor"), in favor of the Lenders whose names are set forth on Exhibit A hereto (the "Lenders").
SECURITY AGREEMENTSecurity Agreement • October 2nd, 2007 • Dirt Motor Sports, Inc. • Services-racing, including track operation • New York
WHEREAS, the Grantor has issued separate senior secured promissory notes to the Secured Parties (the "Notes") in the aggregate principal amount of up to $15,000,000 pursuant to a Note Purchase Agreement by and among the Grantor and each of the Secured Parties dated the date hereof (the "Purchase Agreement"); and
NOTE PURCHASE AGREEMENTNote Purchase Agreement • October 2nd, 2007 • Dirt Motor Sports, Inc. • Services-racing, including track operation • New York
This Note Purchase Agreement, dated as of September 28, 2007 (this "Agreement"), is entered into by and among Dirt Motor Sports, Inc., d/b/a World Racing Group, Inc. a Delaware corporation (the "Company"), and the other signatories hereto____________________ (each a "Lender" and collectively, the "Lenders").
Prepared By, Record and Return to: Andrew Kaplan, Esquire Fox Rothschild, LLPMortgage Agreement • October 2nd, 2007 • Dirt Motor Sports, Inc. • Services-racing, including track operation
