EXHIBIT 4.21 SUBORDINATION OF FIRST PREFERRED VESSEL MORTGAGE UPON FITZGERALDS TUNICA (OFFICIAL NO. 262757) (THE "VESSEL") In consideration of Foothill Capital Corporation, a California corporation ("Foothill"), whose offices are located at One Boston...Subordination of First Preferred Vessel Mortgage • January 29th, 2002 • Majestic Investor Capital Corp
In consideration of Foothill Capital Corporation, a California corporation ("Foothill"), whose offices are located at One Boston Plaza, Suite 1800, Boston, Massachusetts 02108, entering into that certain Loan and Security Agreement dated as of December 6, 2001, with, among others, Barden Mississippi Gaming, LLC, a Mississippi limited liability company (a "Borrower"), whose offices are located at 163 Madison avenue, suite 2000, Detroit, Michigan 48226, whereby, among other things, Borrower has agreed to grant to Foothill, as Trustee, that certain First Preferred Vessel Mortgage on the Whole of the Fitzgeralds Tunica ("Foothill Mortgage") dated December 6, 2001, filed at the National Vessel Documentation Center against the Vessel on December ___, 2001 ________ in Book _______, page ______, and in accordance with and subject to the terms and conditions of an Intercreditor Agreement dated as of December 6, 2001 (the "Intercreditor Agreement"), by and between Foothill and The Bank of New Yo
