<PAGE>

                                                                    Exhibit 4.10


THIS DEED OF TRUST IS JUNIOR TO A DEED OF TRUST FOR THE BENEFIT OF FLEET CAPITAL
CORPORATION, AS AGENT, FILED WITH THE CLERK OF THE COUNTY COMMISSION OF HANCOCK
COUNTY, WEST VIRGINIA IN BOOK 445, AT PAGE 488, UNTIL SUCH DEED OF TRUST IS
RELEASED. THE RIGHTS OF THE TRUSTEE AND THE BENEFICIARIES OF THIS DEED OF TRUST
ARE SUBJECT TO THE RIGHTS OF THE FIRST BENEFICIARY UNDER THE FIRST LIEN
INTERCREDITOR AGREEMENT REFERRED TO BELOW TO THE EXTENT THEN IN EFFECT.


                                  DEED OF TRUST

         THIS DEED OF TRUST ("DEED OF TRUST"), made as of June 18, 2002, is made
and executed by WEIRTON STEEL CORPORATION, a Delaware corporation ("GRANTOR"),
having its principal offices at 400 Three Springs Drive, Weirton, West Virginia
26062, to Joyce Ofsa, being a resident of Kanawha County, West Virginia, as
Trustee ("TRUSTEE"), having an address of Spilman Center, 300 Kanawha Boulevard,
East, P.O. Box 273, Charleston, West Virginia 25321-0273, for the benefit of (i)
J.P. MORGAN TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association
("J.P. MORGAN"), as trustee under the Notes Indenture (as hereinafter defined)
("NOTES BENEFICIARY"), having an address of One Oxford Center, 301 Grant Street,
Suite 1100, Pittsburgh, Pennsylvania 15219 and (ii) the CITY OF WEIRTON, WEST
VIRGINIA, a municipal corporation duly organized and existing under the
Constitution and laws of the State of West Virginia ("BOND ISSUER"), having an
address of 200 Municipal Plaza, Weirton, West Virginia 26062 (the Bond Issuer or
any other holder of the Bond Issuer's interest in this Deed of Trust including,
without limitation, the Bond Trustee (as hereinafter defined), shall sometimes
hereinafter be referred to as the "BOND BENEFICIARY"; the Notes Beneficiary and
the Bond Beneficiary are hereinafter sometimes collectively referred to as the
"BENEFICIARIES" and individually referred to as a "BENEFICIARY").


                                    RECITALS

         WHEREAS, Grantor is the owner of the fee simple interest in the Land
(as hereinafter defined); and

         WHEREAS, in connection with the Grantor's issuance of its 10% Senior
Secured Notes Due 2008 in the original aggregate principal amount of
$118,242,300 (the "NOTES"), Grantor and Notes Beneficiary executed that certain
Indenture, dated as of even date herewith (the "NOTES INDENTURE"); and

         WHEREAS, the Bond Issuer has entered into an Indenture of Trust, dated
as of even date herewith (the "BOND INDENTURE"), with J.P. Morgan, as trustee
(the "BOND TRUSTEE") for the purpose of issuing and securing the Bond Issuer's
Secured Pollution Control Revenue Refunding Bonds (Weirton Steel Corporation
Project) Series 2002 in the original aggregate principal amount of $27,348,000
(the "BONDS"); and


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         WHEREAS, contemporaneously with the execution of the Bond Indenture,
the Bond Issuer and Grantor have entered into that certain Agreement, dated as
of even date herewith (the "BOND LOAN AGREEMENT"), whereby the Bond Issuer has
agreed to make a loan to Grantor in the original principal amount of $27,348,000
from the proceeds of the issuance or exchange of the Bonds (the "BOND LOAN");
and

         WHEREAS, Fleet Capital Corporation, a Rhode Island corporation, as
agent for various co-lenders ("First Beneficiary") and J.P. Morgan, in its
capacity as collateral agent (the "COLLATERAL AGENT") under the Second Lien
Intercreditor Agreement (as hereinafter defined), Notes Beneficiary, and Bond
Beneficiary have entered into that certain Intercreditor Agreement, dated of
even date herewith (as amended from time to time, the "FIRST LIEN INTERCREDITOR
AGREEMENT"), that, among other things, governs the relative rights,
responsibilities and obligations among First Beneficiary, Collateral Agent, and
each Beneficiary, with respect to, among other things, the Property (as
hereinafter defined); and

         WHEREAS, Notes Beneficiary, Bond Beneficiary and Collateral Agent have
entered into that certain Collateral Agency and Second Lien Intercreditor
Agreement, dated of even date herewith (as amended from time to time, the
"SECOND LIEN INTERCREDITOR AGREEMENT"), that, among other things, governs the
relative rights, responsibilities and obligations between Notes Beneficiary and
Bond Beneficiary with respect to, among other things, the Property; and

         WHEREAS, the Grantor desires to execute and deliver this Deed of Trust
to Trustee as additional security for the faithful and timely performance of the
obligations of Grantor under the Notes Indenture and the Bond Loan Agreement
(the Notes Indenture and the Bond Loan Agreement are hereinafter sometimes
collectively referred to as the "LOAN AGREEMENTS").

                                GRANTING CLAUSES

To secure (i) the payment of amounts owing under the Notes (the "NOTES DEBT")
and the performance and observance of all covenants and conditions contained in
this Deed of Trust, the Notes Indenture and any other documents and instruments
now or hereafter executed by Grantor to evidence, secure or guarantee the
payment of all or any portion of the Notes Debt under the Notes Indenture or
this Deed of Trust, and any and all renewals, extensions, amendments and
replacements of this Deed of Trust, the Notes Indenture and any such other
documents and instruments (the Notes, the Notes Indenture, this Deed of Trust
and any other documents and instruments now or hereafter executed and delivered
in connection with the Notes, the Notes Indenture and any and all amendments,
renewals, extensions and replacements hereof and thereof, being sometimes
referred to collectively as the "NOTES INSTRUMENTS"), and (ii) the payment of
amounts owing under the Bond Loan Agreement and the performance and observance
of all covenants and conditions contained in this Deed of Trust, the Bond Loan
Agreement and any other documents and instruments now or hereafter executed by
Grantor to evidence, secure or guarantee the payment of all or any portion of
the Bond Loan under the Bond Loan Agreement or this Deed of Trust, and any and
all renewals, extensions, amendments and replacements of this Deed of Trust, the
Bond Loan Agreement and any such other documents and instruments (the Bond Loan
Agreement, this Deed of Trust and any other documents and


                                       2
<PAGE>

instruments now or hereafter executed and delivered in connection with the Bond
Loan, the Bond Loan Agreement and any and all amendments, renewals, extensions
and replacements hereof and thereof, being sometimes referred to collectively as
the "BOND INSTRUMENTS"; the Notes Instruments and the Bond Instruments are
hereinafter sometimes collectively referred to as the "DEBT INSTRUMENTS") (the
Notes Debt, Bond Loan and all other liabilities secured hereby being hereinafter
sometimes collectively referred to as "BORROWER'S LIABILITIES"), and in
consideration of the indebtedness and trusts hereinafter set forth and of the
sum of $10, Grantor does hereby assign, grant and convey unto Trustee, in trust
with the power of sale, the following described property and, with respect to
that portion of the following described property which is personal property,
unto Trustee and Beneficiaries, subject to the terms and conditions herein:

                  (A) The land located in Hancock County, West Virginia, legally
described in attached EXHIBIT A ("LAND");

                  (B) All the buildings, structures, improvements and fixtures
of every kind or nature now or hereafter situated on the Land and all machinery,
appliances, equipment, furniture and all other personal property of every kind
or nature now or hereafter owned by Grantor which constitute fixtures with
respect to the Land or any of the buildings, structures or improvements thereon,
together with all extensions, additions, improvements, substitutions and
replacements of the foregoing ("IMPROVEMENTS");

                  (C) All easements, tenements, rights-of-way, vaults, gores of
land, streets, ways, alleys, passages, sewer rights, water courses, water rights
and powers and appurtenances in any way belonging, relating or appertaining to
any of the Land or Improvements, or which hereafter shall in any way belong,
relate or be appurtenant thereto, whether now owned or hereafter acquired
("APPURTENANCES");

                  (D) (i) All judgments, insurance proceeds, awards of damages
and settlements which may result from any damage to all or any portion of the
Land, Improvements or Appurtenances or any part thereof or to any rights
appurtenant thereto;

                            (ii) All compensation, awards, damages, claims,
rights of action and proceeds of or on account of (a) any damage or taking,
pursuant to the power of eminent domain, of the Land, Improvements, or
Appurtenances or any part thereof, (b) damage to all or any portion of the Land,
Improvements or Appurtenances by reason of the taking, pursuant to the power of
eminent domain, of all or any portion of the Land, Improvements, Appurtenances
or of other property, or (c) the alteration of the grade of any street or
highway on or about the Land, Improvements, Appurtenances or any part thereof;
and, except as otherwise provided herein and subject to the rights of the First
Beneficiary, Beneficiaries are hereby authorized to collect and receive said
awards and proceeds and to give proper receipts and acquittances therefor and,
except as otherwise provided herein, to apply the same toward payment of the
Borrower's Liabilities in accordance with the Second Lien Intercreditor
Agreement to the extent then in effect; and

                            (iii) All proceeds, products, replacements,
additions, substitutions, renewals and accessions of and to the Land,
Improvements or Appurtenances;


                                       3
<PAGE>

                  (E) All rents, issues, profits, income and other benefits now
or hereafter arising from or in respect of the Land, Improvements or
Appurtenances (the "RENTS"); it being intended that this Granting Clause shall
constitute an absolute and present assignment of the Rents, subject, however, to
the revocable license given to Grantor to collect and use the Rents as provided
in this Deed of Trust;

                  (F) Any and all leases, licenses and other occupancy
agreements now or hereafter affecting the Land, Improvements or Appurtenances,
together with all security therefor and guaranties thereof and all monies
payable thereunder, and all books and records owned by Grantor which contain
evidence of payments made under the leases, licenses or other occupancy
agreements and all security given therefor (collectively, the "LEASES"),
subject, however, to the revocable license given in this Deed of Trust to
Grantor to collect the Rents arising under the Leases as provided in this Deed
of Trust;

                  (G) Any and all after-acquired right, title or interest of
Grantor in and to any of the property described in the preceding Granting
Clauses; and

                  (H) The proceeds from the sale, transfer, pledge or other
disposition of any or all of the property described in the preceding Granting
Clauses;

                  All of the property described in the Granting Clauses is
sometimes referred to collectively as the "PROPERTY." The Rents and Leases are
pledged on a parity with the Land and Improvements and not secondarily.
Notwithstanding anything to the contrary contained herein, in no event shall the
Property include, nor shall Grantor be deemed to have granted, assigned or
conveyed any interest hereunder in, any of the Project Assets or any property
arising from, or as a result of the disposition of, any of the Project Assets.
As used herein, "PROJECT ASSETS" shall mean all of the pollution control
equipment (as equipment is defined in the Uniform Commercial Code of the State
of West Virginia ("UCC")) and fixtures (as defined in the UCC) located at
Grantor's Weirton, West Virginia steel making facility, the purchase and/or
installation of which were financed or refinanced with the proceeds of the City
of Weirton, West Virginia's Pollution Control Revenue Refunding Bonds (Weirton
Steel Corporation Project) Series 1989 issued by the City of Weirton, West
Virginia.

                  TO HAVE AND TO HOLD the Property unto Trustee and its
successors in trust forever.

                  IN TRUST NEVERTHELESS, to secure payment of Borrower's
Liabilities.

                                   ARTICLE 1

                              COVENANTS OF GRANTOR

                  Grantor covenants and agrees with Beneficiaries as follows:

         1.1 PERFORMANCE UNDER DEBT INSTRUMENTS. Grantor shall pay the Notes
Debt and Bond Loan when due under the terms of the applicable Debt Instruments
and shall perform, observe


                                       4
<PAGE>

and comply with or cause to be performed, observed and complied with, in a
complete and timely manner, all of the provisions hereof.

         1.2 GENERAL COVENANTS AND REPRESENTATIONS. Grantor covenants,
represents and warrants that as of the date hereof and at all times thereafter
during the term hereof: (a) Grantor is seized of an indefeasible estate in fee
simple in that portion of the Property which is real property, and has good and
absolute title to it and the balance of the Property free and clear of all
liens, security interests, charges and encumbrances whatsoever, except for (i)
the First Deed of Trust (as hereinafter defined), (ii) Collateral Permitted
Liens (as such term is defined in the Notes Indenture until the full repayment
of the Notes and the release of the Notes Beneficiary's interest in this Deed of
Trust, and thereafter, as defined in the Bond Loan Agreement), and (iii)
Permitted Encumbrances (as hereinafter defined) (such liens, security interests,
charges and encumbrances described in subsections (i) through (iii) above being
hereinafter referred collectively to as the "AUTHORIZED LIENS"); this Deed of
Trust creates valid, enforceable second priority liens against the Property
constituting real property subject only to (y) those liens, security interests,
charges and encumbrances set forth on Schedule B, of the loan policy of title
insurance delivered to the Beneficiaries insuring the lien of this Deed of
Trust, and (z) those liens, security interests, charges and encumbrances
expressly permitted or consented to by the Beneficiaries, including, without
limitation, the liens referred to in Section 4.12 hereof (such liens, security
interests, charges and encumbrances described in subsections (y) and (z) above
being hereinafter referred collectively to as the "PERMITTED ENCUMBRANCES"),
which Permitted Encumbrances shall include the licenses, covenants,
restrictions, easements and rights of way granted from time to time by Grantor
for utilities, pipelines, egress and ingress servicing or benefiting the
Property and/or other property owned, leased or occupied by Grantor, any
affiliate of Grantor, or any successor or assignee of Grantor or any affiliate
of Grantor, under that certain Master Declaration of Easements, Covenants and
Restrictions for Weirton, West Virginia Plant Site dated as of October 25, 2001
as recorded with the Clerk of the County Commission of Hancock County, West
Virginia (the "CLERK'S OFFICE") in Lease Book 36, at Page 633, as amended under
that certain First Amendment to Master Declaration of Easements, Covenants and
Restrictions for Weirton, West Virginia Plant Site dated as of October 26, 2001
and recorded in the Clerk's Office in Lease Book 36, at Page 685 and re-recorded
in the Clerk's Office in Lease Book 37, at page 5, and as further amended under
that certain Second Amendment to Master Declaration of Easements, Covenants and
Restrictions for Weirton, West Virginia Plant Site dated May 14, 2002 and
recorded in the Clerk's Office in Lease Book 37, at Page 26; and (b) Grantor
will maintain and preserve the lien of this Deed of Trust as a second priority
lien on the Property, subject only to the Permitted Encumbrances, until
Borrower's Liabilities have been paid in full and all obligations of Grantor
under the Debt Instruments have been fully satisfied.

         1.3 COMPLIANCE WITH LAWS AND OTHER RESTRICTIONS. Grantor covenants and
represents that the Land and the Improvements and the use thereof presently
comply with, and, to the extent required by the Debt Instruments, will continue
to comply with, all applicable restrictive covenants, zoning and subdivision
ordinances and building codes, licenses, health and environmental laws and
regulations and all other applicable laws, ordinances, rules and regulations.


                                       5
<PAGE>


         1.4 TAXES AND ASSESSMENTS. Grantor shall pay promptly when due all
taxes, assessments, rates, dues, charges, fees, levies, fines, impositions,
liabilities, obligations, liens and encumbrances of every kind and nature
whatsoever now or hereafter imposed, levied or assessed upon or against the
Property or any part thereof, or upon or against this Deed of Trust or
Borrower's Liabilities; provided, however, that Grantor may in good faith
contest the validity, applicability or amount of any tax, assessment or other
charge by appropriate legal proceedings, provided that (i) the Property is not
in danger of being sold or forfeited during the pendency of such contest, and
(ii) Grantor has maintained reasonable reserves on its books for the payment of
any such contested tax, assessment or other charge.

         1.5 MECHANIC'S AND OTHER LIENS. Grantor shall not permit or suffer any
mechanic's, laborer's, materialman's, statutory or other lien or encumbrance
(other than Authorized Liens and any lien for taxes and assessments not yet due)
to be created upon or against the Property; provided, however, that Grantor may
in good faith, by appropriate proceedings, contest the validity, applicability
or amount of any asserted lien.

         1.6 INSURANCE AND CONDEMNATION.

                  1.6.1 INSURANCE POLICIES. Grantor shall, at its sole expense
and in accordance with past practice, obtain for, deliver to, and maintain for
the benefit of each of the Beneficiaries, and list the Beneficiaries as loss
payee and additional insureds as their interests may appear, until the
Borrower's Liabilities are paid in full all policies of insurance as are
required by the Debt Instruments.

                  1.6.2 ADJUSTMENT OF LOSS; APPLICATION OF PROCEEDS. Subject to
the rights of the First Beneficiary under the First Priority Documents (as
hereinafter defined), the Beneficiaries are hereby authorized and empowered, at
their option, to adjust or compromise any loss under any insurance policies
covering the Property and to collect and receive the proceeds from any such
policy or policies in accordance with the terms of the respective Loan
Agreements. Grantor hereby irrevocably appoints each Beneficiary as an
attorney-in-fact of Grantor for the purposes set forth in the preceding
sentence. Notwithstanding the foregoing or anything to the contrary contained
herein, the entire amount of such proceeds, awards or compensation shall be
applied as provided in the First Priority Documents until the indebtedness
secured by the First Deed of Trust has been repaid in full or the lien of the
First Deed of Trust has been released by the First Beneficiary.

                  1.6.3 CONDEMNATION AWARDS. Grantor shall promptly give the
Beneficiaries notice of the actual or threatened commencement of any
condemnation or eminent domain proceeding and shall deliver to the Beneficiaries
copies of any and all papers served in connection with such proceedings. Subject
to the rights of the First Beneficiary under the First Priority Documents, the
Beneficiaries shall be entitled to all compensation, awards, damages, claims,
rights of action and proceeds of, or on account of, (i) any damage or taking,
pursuant to the power of eminent domain, of the Property or any part thereof,
(ii) damage to the Property by reason of the taking, pursuant to the power of
eminent domain, of other property, or (iii) the alteration of the grade of any
street or highway on or about the Property, in each case to be applied as
provided in the respective Loan Agreements. Subject to the rights of the First




                                       6
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Beneficiary under the First Priority Documents, each of the Beneficiaries is
hereby authorized, at its option, to commence, appear in and prosecute in its
own or Grantor's name any action or proceeding relating to any such
compensation, awards, damages, claims, rights of action and proceeds and to
settle or compromise any claim in connection therewith. Grantor hereby
irrevocably appoints each Beneficiary as its attorney-in-fact for the purposes
set forth in the preceding sentence. In the event that Grantor acquires any real
estate to replace all or any portion of the Property which became subject to any
such action or proceeding, Grantor shall execute and deliver to the
Beneficiaries a deed of trust of such replacement property, which deed of trust
shall be in substantially the same form as this Deed of Trust, and Grantor shall
deliver to the Beneficiaries a survey and a title insurance policy and such
other items in connection with such replacement property as the Beneficiaries
may require, all in form and substance satisfactory to the Beneficiaries.

                  1.6.4 OBLIGATION TO REPAIR. If all or any part of the Property
shall be damaged or destroyed by fire or other casualty or shall be damaged or
taken through the exercise of the power of eminent domain or other cause
described in Section 1.6.3, the rights and responsibilities of the Grantor to
restore and repair the Property and the disposition and use of the proceeds,
award or other compensation related thereto as a result thereof shall be as set
forth in the respective Loan Agreements, subject to the rights of the First
Beneficiary under the First Priority Documents.

         1.7 BENEFICIARIES MAY PAY; DEFAULT RATE. Upon Grantor's failure to pay
any amount required to be paid by Grantor under any provision of this Deed of
Trust, the Beneficiaries may (but shall not have the obligation or duty to) pay
the same. Grantor shall pay to any Beneficiary which has made such payment on
demand the amount so paid by such Beneficiary together with interest at a rate
equal to the highest rate payable under such Beneficiary's respective Loan
Agreement after the occurrence of an "Event of Default", as such term is defined
in such Beneficiary's respective Loan Agreement (the "DEFAULT RATE"), and the
amount so paid by such Beneficiary, together with interest at the Default Rate,
shall be added to Borrower's Liabilities.

         1.8 CARE OF THE PROPERTY. Grantor shall preserve and maintain the
Property in good operating condition, reasonable wear and tear excepted. Except
as expressly permitted by the terms of the Debt Instruments, Grantor shall not
permit, commit or suffer any waste, impairment or deterioration of the Property
or of any part thereof.

         1.9 TRANSFER OR ENCUMBRANCE OF THE PROPERTY. Grantor shall not permit
or suffer to occur any sale, assignment, conveyance, transfer, mortgage, lease
or encumbrance of the Property, any part thereof, or any interest therein in
violation of the Debt Instruments.

         1.10 FURTHER ASSURANCES. At any time and from time to time, upon the
request of any Beneficiary, Grantor shall make, execute and deliver, or cause to
be made, executed and delivered, to the Beneficiaries, and where appropriate,
shall cause to be recorded, registered or filed, and from time to time
thereafter to be re-recorded, re-registered and refiled at such time and in such
offices and places as shall be deemed desirable by the Beneficiaries, any and
all such further mortgages, security agreements, financing statements,
instruments of further assurance, certificates and other documents as the
Beneficiaries or any of them may consider reasonably


                                       7
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necessary in order to effectuate or perfect, or to continue and preserve the
obligations under, this Deed of Trust.

         1.11 ASSIGNMENT OF RENTS. The assignment of rents, income and other
benefits contained in Section (E) of the Granting Clauses of this Deed of Trust
shall be fully operative without any further action on the part of any party
hereto, and, specifically, the Beneficiaries shall be entitled, at their option,
upon the occurrence of an Event of Default hereunder, and subject to the rights
of the First Beneficiary under the First Priority Documents, to all rents,
income and other benefits from the Property, whether or not the Beneficiaries
take possession of such property. Such assignment and grant shall continue in
effect until Borrower's Liabilities are paid in full and all obligations of the
Beneficiaries under their respective Debt Instruments have been terminated, the
execution of this Deed of Trust constituting and evidencing the irrevocable
consent of Grantor to the entry upon and taking possession of the Property by
the Beneficiaries pursuant to such grant, whether or not foreclosure proceedings
have been instituted. Notwithstanding the foregoing, so long as no Event of
Default has occurred, Grantor shall have a revocable license to continue to
collect the rents, income and other benefits from the Property as they become
due and payable but not more than thirty (30) days prior to the due date
thereof.

         1.12 AFTER-ACQUIRED PROPERTY. To the extent permitted by, and subject
to, applicable law, the lien of this Deed of Trust shall automatically attach,
without further act, to all property hereafter acquired by Grantor located in or
on, or attached to, or used or intended to be used in connection with, or with
the operation of, the Property or any part thereof.

         1.13 LEASES AFFECTING PROPERTY. Grantor shall comply with and perform
in a complete and timely manner all of its obligations as landlord under all
leases affecting the Property or any part thereof. The assignment contained in
Sections (E) and (F) of the Granting Clauses shall not be deemed to impose upon
the Beneficiaries any of the obligations or duties of the landlord or Grantor
provided in any lease.

         1.14 MANAGEMENT OF PROPERTY. Grantor shall cause the Property to be
managed at all times in accordance with sound business practice.

         1.15 EXECUTION OF LEASES. Grantor shall not permit any leases to be
made of the Property, or to be modified, terminated, extended or renewed in
violation of the Debt Instruments.

         1.16 EXPENSES. In the event of foreclosure hereof, the Beneficiaries
shall be entitled to add to Borrower's Liabilities their reasonable expenses,
including, without limitation, reasonable attorneys' fees and disbursements,
related thereto.

         1.17 ENVIRONMENTAL CONDITIONS. (a) Except as disclosed to the
Beneficiaries by letter dated June 18, 2002 from Grantor, Grantor covenants,
warrants and represents that there are no, nor will there, for so long as any of
Borrower's Liabilities remain outstanding, be, any Hazardous Materials (as
hereinafter defined) generated, released, stored, buried or deposited over,
beneath, in or upon the Property except as such Hazardous Materials may be
required to be used, stored or transported in connection with the permitted uses
of the Property and then only to


                                       8
<PAGE>

the extent permitted by law after obtaining all necessary permits and licenses
therefor. For purposes of this Deed of Trust, "HAZARDOUS MATERIALS" shall mean
and include any asbestos containing materials, polychlorinated biphenyls
("PCBs"), petroleum products, lead based paint, radioactive materials and any
other hazardous, special or toxic materials, wastes and substances which are
defined, determined or identified as such in any federal, state or local laws,
rules, regulations, ordinances, orders, codes, statutes or guidelines in each
case as amended (whether now existing or hereafter enacted or promulgated)
including, without limitation, the Recourse Conservation and Recovery Act (42
U.S.C. Sec. 6901 et seq.), Toxic Substances Control Act (15 U.S.C. Sec. 2601),
Clean Air Act (42 U.S.C. Sec. 7401 et seq.), Comprehensive Environmental
Response, Compensation and Liability Act (42 U.S.C. Sec. 9601 et seq.) and any
law, statute, rule or ordinance of the State of West Virginia and any other
governmental entity with jurisdiction over the Property, or any part thereof,
concerning such Hazardous Materials or any judicial or administrative
interpretation of such laws, rules, regulations. Such laws, statutes, rules,
ordinances and regulations are hereinafter collectively referred to as the
"HAZARDOUS MATERIALS LAWS."

                  (b) Grantor shall, and Grantor shall cause all employees,
agents, contractors and subcontractors of Grantor and any other persons from
time to time present on or occupying the Property to, keep and maintain the
Property in compliance with, and not cause or knowingly permit the Property to
be in violation of, any applicable Hazardous Materials Laws. Neither Grantor nor
any employees, agents, contractors or subcontractors of Grantor or any other
persons occupying or present on the Property shall use, generate, manufacture,
store or dispose of on, under or about the Property or transport to or from the
Property any Hazardous Materials, except as such Hazardous Materials may be
required to be used, stored or transported in connection with the permitted uses
of the Property and then only to the extent permitted by law after obtaining all
necessary permits and licenses therefor.

                  (c) Grantor shall immediately advise Beneficiaries in writing
of: (i) any notices received by Grantor (whether such notices are from the
Environmental Protection Agency, or any other federal, state or local
governmental agency or regional office thereof) of the violation or potential
violation occurring on or about the Property of any applicable Hazardous
Materials Laws; (ii) any and all enforcement, cleanup, removal or other
governmental or regulatory actions instituted, completed or threatened pursuant
to any Hazardous Materials Laws; and (iii) all claims made or threatened by any
third party against Grantor or the Property relating to damage, contribution,
cost recovery compensation, loss or injury resulting from any Hazardous
Materials (the matters set forth in clauses (i), (ii) and (iii) above are
hereinafter referred to as "Hazardous Materials Claims"); and (iv) Grantor's
discovery of any occurrence or condition on any real property adjoining or in
the vicinity of the Property that Grantor is required to report to the
Environmental Protection Agency or any other federal, state or local
governmental agency or regional office thereof. Each Beneficiary shall have the
right but not the obligation to join and participate in, as a party if it so
elects, any legal proceedings or actions initiated in connection with any
Hazardous Materials Claims and Grantor shall pay to such Beneficiary, upon
demand, all attorneys' and consultants' fees incurred by such Beneficiary in
connection therewith.


                                       9
<PAGE>

                  (d) Grantor shall be solely responsible for, and shall
indemnify and hold harmless Beneficiaries, and the directors, officers,
employees, agents, successors and assigns of each of them, from and against any
loss, damage, cost, expense or liability directly or indirectly arising out of
or attributable to the use, generation, storage, release, threatened release,
discharge, disposal or presence (whether prior to or during the term of the this
Deed of Trust or otherwise and regardless of by whom caused, whether by Grantor
or any predecessor in title or any owner of land adjacent to the Property or any
other third party, or any employee, agent, contractor or subcontractor of
Grantor or any predecessor in title or any such adjacent land owner or any third
person) of Hazardous Materials on, under or about the Property; including,
without limitation: (i) claims of third parties (including governmental
agencies) for damages, penalties, losses, costs, fees, expenses, damages,
injunctive or other relief; (ii) response costs, clean-up costs, costs and
expenses of removal and restoration, including fees of attorneys and experts,
and costs of determining the existence of Hazardous Materials and reporting same
to any governmental agency; and (iii) any and all expenses or obligations,
including attorneys' fees, incurred at, before or after any trial or appeal
therefrom whether or not taxable as costs, including, without limitation,
attorneys' fees, witness fees, deposition costs, copying and telephone charges
and other expenses. The obligations of Grantor under this subsection shall
survive any of the foreclosure of this Deed of Trust, the repayment of
Borrower's Liabilities, or other satisfaction of the indebtedness secured by
this Deed of Trust, whether by deed in lieu of foreclosure or otherwise.

                  (e) Any loss, damage, cost, expense or liability incurred by a
Beneficiary as a result of a breach or misrepresentation by Grantor or for which
Grantor is responsible or for which Grantor has indemnified a Beneficiary shall
be paid to such Beneficiary on demand, and, failing prompt reimbursement, such
amounts shall, together with interest thereon at the Default Rate from the date
incurred by such Beneficiary, until paid by Grantor, be added to Borrower's
Liabilities, be immediately due and payable and be secured by the lien of this
Deed of Trust and the other Debt Instruments.

         1.18 FIRST PRIORITY DOCUMENTS. (a) With respect to that certain Credit
Line Deed of Trust dated as of June 18, 2002, executed by Grantor in favor of
Mary Clare Eros for the benefit of First Beneficiary with respect to the
Property (the "FIRST DEED OF TRUST") as well as the Loan Agreement (as defined
in the First Deed of Trust) and other Loan Instruments (as defined in the First
Deed of Trust), (together with the First Lien Intercreditor Agreement,
collectively, the "FIRST PRIORITY DOCUMENTS"), Grantor covenants and agrees to
give Beneficiaries notice of any uncured default following any applicable grace
period by any party under the First Priority Documents within ten (10) days of
Grantor becoming aware of such default and promptly to deliver to Beneficiaries
a copy of each notice of default and all other notices, amendments,
communications, plans, specifications and other statements, responses, similar
instruments received or delivered by Grantor in connection with the First
Priority Documents.

                  (b) With respect to the First Priority Documents, Grantor
hereby warrants and represents as follows: (i) the First Priority Documents are
in full force and effect on the date hereof; (ii) all payments payable under the
First Priority Documents have been paid to the extent that they are payable to
the date hereof; (iii) on the date hereof, Grantor is not in default under


                                       10
<PAGE>

any of the terms of the First Priority Documents and to the best of Grantor's
knowledge, there are no circumstances which, with the passage of time or the
giving of notice or both, would constitute a default; and (iv) Grantor has
delivered to Beneficiaries, true, accurate and complete copies of the First
Priority Documents.

                  (c) Grantor shall obtain and deliver to each Beneficiary,
within twenty (20) days after written demand therefor by such Beneficiary but
not more than two (2) times in any calendar year, with respect to the First
Priority Documents, an estoppel certificate from the First Beneficiary stating
(i) the outstanding amount secured thereunder, (ii) the date to which interest
and principal, if any, has been paid, (iii) the maturity date thereof, (iv) that
the First Priority Documents have not been modified or amended in any manner
except as set forth therein, (v) whether or not First Beneficiary has been
notified by Grantor of a default thereunder, and if so, a statement setting
forth the nature thereof in reasonable detail, together with a copy of any
written notification of such default, and (vi) whether or not First Beneficiary
has notified Grantor of a default thereunder, and if so, a statement setting
forth the nature thereof in reasonable detail, together with a copy of any
written notification of such default. Notwithstanding the foregoing, however,
Grantor shall not be in default hereunder if it fails to deliver such estoppel
certificate if (A) the First Beneficiary from which an estoppel certificate has
been requested is not required, pursuant to the terms of the First Priority
Documents or any of the other documents evidencing, relating to or otherwise
executed in connection therewith, to deliver such a certificate as long as there
has been delivered to Beneficiaries such certificate as the First Beneficiary
shall be required to deliver pursuant to the terms of the First Priority
Documents or such other documents, and (B) Grantor shall have used its best
efforts to do so.


                                   ARTICLE 2

                                    DEFAULTS

        2.1 EVENT OF DEFAULT. The term "Event of Default," wherever used in
this Deed of Trust, shall mean any one or more of the following events:

                  (a) The failure by Grantor to keep, perform, or observe any
covenant, condition or agreement on the part of Grantor in this Deed of Trust
and, unless such failure is an "Event of Default" under Section 2.1(b) or (c)
below, such failure is not cured to the Beneficiaries' satisfaction within sixty
(60) days after the sooner to occur of (i) Grantor's receipt of notice of such
breach from the Beneficiaries or either one or (ii) the date on which such
failure or neglect first becomes known to any officer of Grantor.

                  (b) The occurrence of an "Event of Default" under and as
defined in the Notes Indenture or any of the other Notes Instruments.

                  (c) The occurrence of an "Event of Default" under and as
defined in the Bond Loan Agreement or any of the other Bond Instruments.


                                       11
<PAGE>

                                   ARTICLE 3

                                    REMEDIES

         3.1 ACCELERATION OF MATURITY; COLLECTION. Subject to the rights of the
First Beneficiary under the First Priority Documents to the extent then in
effect, if an Event of Default shall have occurred, the Beneficiaries may
declare all Borrower's Liabilities to be immediately due and payable, and
thereupon collect Borrower's Liabilities by proper action, foreclosure of this
Deed of Trust, or any other equitable proceeding.

         3.2 POSSESSION AND OPERATION OF PROPERTY. Subject to the rights of the
First Beneficiary under the First Priority Documents to the extent then in
effect, if an Event of Default shall have occurred, in addition to all other
rights herein conferred, the Beneficiaries may have a receiver appointed or
cause Trustee to enter on the Property, either in person or by agent, and take
possession and charge of the Property, collect the Rents and have a receiver
appointed for such purposes.

         3.3 FORECLOSURE. Subject to the rights of the First Beneficiary under
the First Priority Documents to the extent then in effect, after Borrower's
Liabilities have been accelerated, Trustee, upon the written request of the
Beneficiaries, shall foreclose upon and sell the Property for cash in hand on
day of sale to satisfy the Borrower's Liabilities in accordance with applicable
provisions of West Virginia law. From the proceeds of such sale, Trustee shall
pay, first the costs and expenses of executing this trust including the
reasonable legal fees and other reasonable expenses of the Beneficiaries and
Trustee, but Trustee shall be entitled to no commission; second, to the
Beneficiaries, all sums paid for taxes, insurance, repairs and all other costs
and expenses incurred or paid under the provisions of this Deed of Trust,
together with interest thereon at the applicable Default Rate, from the date of
payment; third, to the Beneficiaries, the full amount due and unpaid on
Borrower's Liabilities; and fourth, the balance, if any to Grantor, its
successors and assigns, upon delivery of and surrender to the purchasers of
possession of the Property, less the expense, if any, of obtaining such
possession. If foreclosure proceedings are instituted but not completed, Trustee
shall be reimbursed for all reasonable costs and expenses incurred by it in
commencing such proceedings. Any sale may be adjourned from time to time by oral
proclamation by Trustee. The Beneficiaries and Trustee shall also have all
rights, remedies and powers of a secured party under the Uniform Commercial Code
of West Virginia, as to personal property, fixtures and other applicable
portions of the Property.

         3.4 FORECLOSURE NOTICE. A copy of any notice of foreclosure sale and
any other notices hereunder shall be served on Grantor by certified mail, return
receipt requested, at the address for notice provided in Section 4.2 herein or
at such other address as may be given to the Beneficiaries in writing by Grantor
subsequent to the execution and delivery of this Deed of Trust. Any notice of a
subordinate lien, any notice of other liens pursuant to W. Va. Code ss. 38-1-14
or other notice may be served on the Beneficiaries at their addresses listed on
the first page of this Deed of Trust.

         3.5 ACTION OF TRUSTEE. Trustee may act in the execution of this trust,
by the agent or attorney. It is not necessary for Trustee to be personally
present at any foreclosure sale.


                                       12
<PAGE>

         3.6 SUBSTITUTION OF TRUSTEE. The Beneficiaries may from time to time,
for any reason or for no reason, substitute another Trustee, corporation or
person, in place of the Trustee herein named. Upon each such appointment, the
substituted Trustee shall be vested with all the rights, titles, interests,
powers, duties and trusts conferred upon the Trustee herein named. Each
appointment and substitution shall be evidenced by an instrument in writing,
executed and acknowledged by each Beneficiary, which when recorded in the
Clerk's Office, shall be conclusive proof of the proper substitution and
appointment and notice to all parties in interest.

         3.7 PERSONAL PROPERTY AND FIXTURES. Subject to the rights of the First
Beneficiary under the First Priority Documents to the extent then in effect, if
an Event of Default shall have occurred and be continuing, the Beneficiaries
shall have all rights and remedies of secured parties under the Uniform
Commercial Code of West Virginia, including the right to sell it at public or
private sale or otherwise dispose of, lease or use it, without regard to
preservation of the Property or its value and without the necessity of a court
order.

         3.8 REMEDIES CUMULATIVE. No right, power or remedy conferred upon or
reserved to the Beneficiaries by the Loan Agreements, this Deed of Trust or any
other Debt Instrument or any instrument evidencing or securing Borrower's
Liabilities is exclusive of any other right, power or remedy, but each and every
such right, power and remedy shall be cumulative and concurrent and shall be in
addition to any other right, power and remedy given hereunder or under the Loan
Agreements or any other Debt Instrument or any instrument evidencing or securing
Borrower's Liabilities, or now or hereafter existing at law, in equity or by
statute.

         3.9 EXERCISE OF REMEDIES BY BENEFICIARIES. Notwithstanding anything to
the contrary contained herein, the ability of a Beneficiary to accelerate the
Borrower's Liabilities hereunder and/or exercise any of the remedies provided
for in this Article 3, shall be subject to and governed by any limitations or
restrictions on such rights as may be set forth in such Beneficiary's respective
Loan Agreement.

                                   ARTICLE 4

                            MISCELLANEOUS PROVISIONS

         4.1 HEIRS, SUCCESSORS AND ASSIGNS INCLUDED IN PARTIES. Whenever Grantor
or any Beneficiary is named or referred to herein, heirs and successors and
assigns of such person or entity shall be included, and all covenants and
agreements contained in this Deed of Trust shall bind the successors and assigns
of Grantor, including any subsequent owner of all or any part of the Property
and inure to the benefit of the successors and assigns of the Beneficiaries.

         4.2 NOTICES. Except as specifically set forth herein, all notices,
requests, reports, demands or other instruments required or contemplated to be
given or furnished under this Deed of Trust to Grantor or the Beneficiaries
shall be directed to Grantor or the Beneficiaries, as the case may be, in the
manner and at the addresses for notice set forth in the respective Debt
Instruments.


                                       13
<PAGE>

         4.3 HEADINGS. The headings of the articles, sections, paragraphs and
subdivisions of this Deed of Trust are for convenience only, are not to be
considered a part hereof, and shall not limit, expand or otherwise affect any of
the terms hereof.

         4.4 INVALID PROVISIONS. In the event that any of the covenants,
agreements, terms or provisions contained in this Deed of Trust shall be
invalid, illegal or unenforceable in any respect, the validity of the remaining
covenants, agreements, terms or provisions contained herein (or the application
of the covenant, agreement, term held to be invalid, illegal or unenforceable,
to persons or circumstances other than those in respect of which it is invalid,
illegal or unenforceable) shall be in no way affected, prejudiced or disturbed
thereby.

         4.5 CHANGES. Neither this Deed of Trust nor any term hereof may be
released, changed, waived, discharged or terminated orally, or by any action or
inaction, but only by an instrument in writing signed by the party against which
enforcement of the release, change, waiver, discharge or termination is sought.

         4.6 GOVERNING LAW. The validity and interpretation of this Deed of
Trust shall be governed by and interpreted in accordance with the internal laws
of the State of West Virginia, without regard to conflicts of law principles.

         4.7 LIMITATION OF INTEREST. The provisions of the Notes Indenture and
Bond Loan Agreement regarding the payment of lawful interest, if any, as they
relate to the Notes Debt and Bond Loan, respectively, are hereby incorporated
herein by reference.

         4.8 LAST DOLLAR. The lien of this Deed of Trust shall remain in effect
until the last dollar of Borrower's Liabilities is paid in full and all
obligations of the Beneficiaries under each of the Loan Agreements have been
terminated.

         4.9 RELEASE. Upon full payment and satisfaction of Borrower's
Liabilities with respect to the Notes Debt or Bond Loan, as the case may be, and
the termination of all obligations of the applicable Beneficiary under its
respective Loan Agreement, such Beneficiary shall issue to Grantor an
appropriate release or satisfaction in recordable form.

         4.10 TIME OF THE ESSENCE. Time is of the essence with respect to this
Deed of Trust and all the provisions hereof.

         4.11 DEBT INSTRUMENTS. The Notes Debt and Bond Loan are governed by the
terms and provisions set forth in the Notes Indenture and the Bond Loan
Agreement, respectively, and in the event of any conflict between the terms of
this Deed of Trust on one hand, and the terms of the Notes Indenture or the Bond
Loan Agreement, on the other hand, the terms of the Notes Indenture or the Bond
Loan Agreement, as applicable, shall control.

         4.12 SUBORDINATION. The Beneficiaries hereby agree to subordinate the
lien of this Deed of Trust to (a) the lien described in subparagraph (a) of the
definition of "Permitted Liens" as set forth in (i) the Notes Indenture until
the full repayment of the Notes Debt and the termination and release of the
Notes Beneficiary's interest in this Deed of Trust, and thereafter,


                                       14
<PAGE>

(ii) the Bond Loan Agreement, and (b) the lien described in subparagraph (p) of
the definition of "Permitted Liens" (but only to the extent such lien secures
refinancing indebtedness secured by a lien referred to in subparagraph (a) of
the definition of "Permitted Liens") as set forth in (i) the Notes Indenture
until full repayment of the Notes Debt and termination and release of the Notes
Beneficiary's interest in this Deed of Trust, and thereafter, (ii) the Bond Loan
Agreement.


                                       15
<PAGE>

         IN WITNESS WHEREOF, Grantor has caused this instrument to be executed
by its duly authorized officer as of the day and year first above written.

                                   WEIRTON STEEL CORPORATION,
                                   a Delaware corporation

                                   By  /s/ Mark E. Kaplan
                                       ------------------------
                                   Name:   Mark E. Kaplan
                                   Title:  Senior Vice President - Finance and
                                           Administration







                                       16
<PAGE>




THIS INSTRUMENT PREPARED BY,
--------------------------------
AND AFTER RECORDING RETURN TO:             THIS INSTRUMENT WAS REVIEWED BY:
--------------------------------           -------------------------------------
Daniel G. Fayock, Esq.                     Joyce Ofsa, Esq.
Kirkpatrick & Lockhart LLP                 Spilman, Thomas & Battle, PLLC
Henry W. Oliver Building                   Spilman Center
535 Smithfield Street                      300 Kanawha Boulevard, East
Pittsburgh, Pennsylvania  15222            Post Office Box 273
                                           Charleston, West Virginia  25321-0273




                                       17
<PAGE>
                                    EXHIBIT A

                                LEGAL DESCRIPTION

DESCRIPTION OF THE 10 AND 114/1000 ACRE TRACT OF LAND (HOT MILL) NOW OWNED BY
WEIRTON STEEL CORPORATION

         The following tract of land situate in the City of Weirton, Butler
District, Hancock County, West Virginia and being more particularly bounded and
described as follows:

         Beginning at a point in the northerly line of Lee Avenue, at its
intersection with the centerline of column line A, said beginning point being
located S. 87(degree)19' 22" E. 302 and 98/100 feet from a point at the
intersection of said northerly line with the easterly line of West Virginia
Route No. 2; thence from said beginning point and with said centerline N.
02(degree)40' 38" E. 2405 feet to a point in the centerline of the column line
97; thence with the same S. 87(degree)19' 22" E. 123 and 17/100 feet to a point
in the centerline of column line AA; thence with the same S. 02(degree)40' 38"
W. 50 feet to a point in the centerline of column line 95; thence with the same
S. 87(degree)19' 22" E. 128 feet to a point in the centerline of column line BB;
thence with same S. 02(degree)40' 38" W. 880 feet to a point; thence S.
87(degree)19' 22" E. 116 and 38/100 feet to a point; thence S. 02(degree)40' 38"
W. 120 feet to a point in the centerline of column line 55; thence with the same
N. 87(degree)19' 22" W. 116 and 38/100 feet to a point in the centerline of
column line BB; thence with the same S. 02(degree)40' 38" W. 125 feet to a
point; thence S. 87(degree)19' 22" E. 29 and 52/100 feet to a point; thence S.
02(degree)40' 38" W. 100 feet to a point in the centerline of column line 46;
thence with the same N. 87(degree)19' 22" W. 157 and 52/100 feet to a point in
the centerline of column line AA; thence with the same S. 02(degree)40' 38" W.
450 feet to a point in the centerline of column line 28; thence with the same N.
87(degree)19' 22" W. 43 and 17/100 feet to a point in the centerline of column
line E; thence with the same S. 02(degree)40' 38" W. 680 feet to a point in said
northerly line of Lee Avenue; thence with the same N. 87(degree)19' 22" W. 80
feet to the place of beginning, containing by survey made by Stegman &
Schellhase, Inc., Civil Engineers and Surveyors on November 29, 2001, Ten and
One Hundred Fourteen One Thousandths (10 and 114/1000) acres, more or less as
shown on the Hot Mill Subdivision Plan recorded in the Office of the Clerk of
the County Commission of Hancock County, West Virginia in Plat Cabinet 1, Slide
45A.

         Together with a non-exclusive easement or right to use a right of way
or roadway twenty (20) feet wide, leading from the northerly line of the above
described 10 and 114/1000 acre tract in a northerly, then westerly and then
southerly direction to Gate 11 on the westerly side of State Route No. 2, the
centerline of said right of way or roadway being more particularly described as
follows: Beginning at a point in the northerly line of said 10 and114/1000 acre
tract at its intersection with said centerline, said point being located S.
87(degree)19' 22" E. 13 and 86/100 feet from the northwesterly corner of said
tract; thence from said beginning point and with said centerline the following
twenty (20) bearings and distances: N. 05(degree)33' 26" E. 77 and 43/100 feet
to a point; thence N. 14(degree)28' 03" E. 36 and 31/100 feet to a point; thence
N. 21(degree)41' 14" E. 116 and 08/100 feet to a point; thence N. 18(degree)17'
05" E. 38 and 57/100 feet to a point; thence N. 02(degree)34' 55" E. 471 and
9/10 feet to a point; thence N. 24(degree)49' 04' W. 112 and 1/10 feet to a
point; thence N. 55(degree)24' 15" W. 138 and 57/100 feet to a point; thence N.
43(degree)12' 58" W. 92 and 34/100 feet to a point; thence N. 59(degree)24' 28"
W. 90 and 08/100 feet to a point; thence N. 47(degree)30'


<PAGE>

W. 64 and 27/100 feet to a point; thence N. 43(degree)40' 37" W. 63 feet to a
point; thence N. 63(degree)30' 47" W. 34 and 36/100 feet to a point; thence N.
89(degree)12' 38" W. 26 and 91/100 feet to a point; thence S. 52(degree)00' 46"
W. 19 and 44/100 feet to a point; thence S. 27(degree)34' 45" W. 28 and 76/100
feet to a point; thence S. 03(degree)12' 16" E. 290 and 79/100 feet to a point;
thence S. 02(degree)03' 06" W. 60 and 17/100 feet to a point; thence S.
04(degree)56' 39" W. 56 and 36/100 feet to a point; thence S. 08(degree)46' 03"
E. 44 and 12/100 feet to a point; thence S. 38(degree)14' 27" E. 36 and 1/10
feet to a point in the centerline of Gate 11 at its intersection with the
westerly line of State Route No. 2, said point being located N. 02(degree)40'
21" E. 1,218 and 12/100 feet along said westerly line from its intersection with
the southerly line of Virginia Avenue, said right of way or roadway to be used
in common by both parties hereto, their heirs and assigns.

         Said 10 and 114/1000 acre tract being part of the 796.52 acre tract of
land that was conveyed by National Steel Corporation to Weirton Steel
Corporation by deed dated January 10, 1984 and recorded in the Office of the
Clerk of the County Commission of Hancock County, West Virginia in Deed Book
193, at page 116.

         Said 10 and 114/1000 acre tract is part of the following four (4)
tracts that are part of the 796.52 acre tract that was conveyed by Weirton Steel
Company to National Steel Corporation by deed dated May 31, 1939 and recorded in
the Office of the Clerk of the County Commission of Hancock County, West
Virginia in Deed Book 55, at page 236:


         (1) 25 acres, tract 3 first parcel which was conveyed to Weirton Steel
         Company by C. Ferguson and Mary E. Ferguson, his wife, by deed dated
         November 1, 1912 and recorded in said County Clerk's Office in Deed
         Book 27, at page 597;

         (2) 1.06 acres, tract 3 third parcel which is part of the same land
         that was conveyed to Phillips Sheet and Tin Plate Company by C.
         Ferguson and wife by deed dated January 6, 1910 and recorded in said
         County Clerk's Office in Deed Book 29, at page 403;

         (3) 12.29 acres, tract 3 fifth parcel which is a part of the land that
         was conveyed by Cyrus Ferguson and Mary E. Ferguson, his wife, to the
         Weirton Improvement Company by deed dated August 7, 1918 and recorded
         in said County Clerk's Office in Deed Book 31, at page 148;

         (4) 5.386 acres, tract 3 seventh parcel, reference hereby being made to
         said Deed Book 55 at page 236 for a more particular description of said
         tract and title thereto.


Together with those certain nonexclusive reciprocal easements appurtenant to the
above described property as set forth and described in that certain Master
Declaration of Easements, Covenants and Restrictions For Weirton, West Virginia
Plant Site dated October 25, 2001, recorded in the Office of the Clerk of the
County Commission of Hancock County, West Virginia in Lease Book 36, at page
633, as amended under that certain First Amendment To Master Declaration of
Easements, Covenants and Restrictions for Weirton, West Virginia Plant Site


<PAGE>

dated October 26, 2001 recorded in the Office of the Clerk of the County
Commission of Hancock County West Virginia in Lease Book 36, at page 685 as
re-recorded in the Office of the Clerk of the County Commission of Hancock
County, West Virginia in Lease Book 37, at page 5 and as further amended under
that certain Second Amendment To Master Declaration of Easements, Covenants and
Restrictions for Weirton, West Virginia Plant Site dated May 14, 2002 recorded
in the Office of the Clerk of the County Commission of Hancock County, West
Virginia in Lease Book 37, at page 26, as further amended from time to time.