THIRD AMENDED AND RESTATED NOTE
F0R VALUE RECEIVED, FLORIDA GAMING CENTERS, INC., a Florida Corporation (“FGCI”)
and CITY NATIONAL BANK OF FLORIDA, successor by merger to City National Bank of Miami, as
Trustee under Trust Agreement dated January 3, 1979, and known as Trust No. 5003471 (“Trust” and together
with FGCI, the “Borrower”),promise to pay to the order of FREEDOM FINANCIAL CORPORATION, an
Indiana corporation, (“Lender”), at its place of business in New Albany, Indiana or such other place as Lender
may designate from time to time hereafter, the principal amount of Two Million Four Hundred Dollars
($2,400,000)or such lesser principal amount as may be owed by Borrower to Lender hereunder, together with
interest on the unpaid balance until paid, at the rate of eight percent (8%) per annum(the “Stated Rate”). Interest
shall be computed on the basis of a 360 day year and charged for the actual number of days elapsed. The final
payment of all then outstanding principal and interest shall be due on October 31, 2008 (the “Maturity Date”).
Borrower’s obligations under this Note shall be defined and referred to herein as “Borrower’s Liabilities”.
All payments received hereunder shall be first applied to interest due and the balance, if any, to principal.
Principal and interest shall be payable as follows:
Commencing on the twentieth (20 th ) day of November, 2005 and continuing on the twentieth (20 th )
day of each month thereafter until the Maturity Date, Borrower shall make monthly payments of principal and
interest to Lender as necessary to repay the then outstanding principal balance at the Stated Rate (with interest
payable in arrears) amortized on a level term basis over a twenty-five (25) year term commencing on the date
hereof. If not sooner paid, the outstanding principal amount of the loan evidenced hereby and all interest accrued