Document:

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                                                                    EXHIBIT 10.3

                         AMENDMENT TO PURCHASE AGREEMENT

         THIS AMENDMENT TO PURCHASE AGREEMENT ("AMENDMENT") was entered into
this 27th day of September, 2002, effective July 1, 2002, by and between GRAND
CASINOS NEVADA I, INC., a Minnesota corporation ("GCN") (hereinafter referred to
as "GCN" or "SELLER") and METROFLAG BP, LLC, a Nevada limited liability company
("BUYER").

                                    RECITALS:

     A. Seller and Buyer entered into that certain purchase agreement, dated as
of December 28, 2001, as modified by those certain Letter Agreements dated June
26, 2002, July 15, 2002, July 30, 2002, August 14, 2002, August 30, 2002 and
September 10, 2002 (hereinafter the "PURCHASE AGREEMENT"), pursuant to which
Seller agreed to sell, and Buyer agreed to purchase, all of Seller's interest in
that certain Lease Agreement originally by and between Brooks Family Trust and
Nevada Brooks Cook, as Landlord, and Cloobeck Enterprises, a California
corporation and GCN, as Tenant, dated June 17, 1996, covering the real property
located in Las Vegas, Nevada, which is improved with a motel operating under the
name of Travelodge.

     B. All capitalized terms not otherwise defined in this Amendment shall have
the meanings ascribed to them in the Purchase Agreement.

     C. As a result of an adverse change in economic conditions, Seller and
Buyer desire to provide for a Purchase Price adjustment.

     D. Seller and Buyer desire to extend the Post Closing Conditions Period,
and make certain other modifications relating to the Post Closing Conditions.

     E. Simultaneous herewith, Metroflag Polo and Seller have entered into an
amendment to the Polo Purchase Agreement providing for a similar extension of
time of the post closing conditions contained in the Polo Purchase Agreement, as
well as certain other matters.

     NOW, THEREFORE, in consideration of the recitals, and the agreements
hereinafter provided and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged by Buyer and Seller, Buyer and
Seller agree that the Purchase Agreement is hereby amended as follows:

     1. The Purchase Price, as specified in Section I, is adjusted to Seven
Million Five Hundred Thousand Dollars ($7,500,000), effective July 1, 2002. As a
result of this Purchase Price adjustment, Seller and Buyer agree to execute the
Amended and Restated Note in the form attached hereto as Exhibit A (the
"RESTATED NOTE") and the Supplement

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to Deed of Trust in the form attached as Exhibit B (the "SUPPLEMENT DEED OF
TRUST"). As appropriate, all references to "Note" in the Purchase Agreement
shall be changed to "Restated Note". Simultaneous with the receipt of the
executed Restated Note, Seller shall return the Note to Buyer for cancellation.

     2. Section I(a)(iii) shall be deleted in its entirety.

     3. The Post Closing Conditions Period referred to in Section V shall be
redefined to mean the period of time commencing on the Closing Date and
continuing through and including the date December 10, 2002.

     4. Notwithstanding anything to the contrary in the Agreement, the Down
Payment shall be deemed refundable (to the extent provided in Section II(b), as
amended herein) until the satisfaction, or waiver by Buyer, of all of the Post
Closing Conditions, at which time the Down Payment shall become nonrefundable.

     5. Section II(a) shall be deleted in its entirety and replaced with the
following: "(a) In the event that Seller does not satisfy (or Buyer does not
waive) all of the Post Closing Conditions set forth in Section V hereof and all
of the Post Closing Conditions set forth in Section V(a) of the Polo Purchase
Agreement by the expiration of the Post Closing Conditions Period, Seller shall
be obligated to repurchase the Property from Buyer (the "REPURCHASE") on the
terms and conditions set forth below. Buyer shall provide written notice to
Seller of its election to require the Seller to consummate the Repurchase (the
"REPURCHASE NOTICE") within five (5) business days after the expiration of the
Post Closing Conditions Period. The closing of such Repurchase shall occur after
December 27, 2002 and not later than fifteen (15) days after the date that the
Repurchase Notice is delivered to Seller. Notwithstanding anything to the
contrary contained in this Agreement, Buyer shall not be entitled to cause
Seller to Repurchase the Property if Buyer is then in default under either the
Restated Note or Deed of Trust, as supplemented. In connection with the
Repurchase, the parties agree that the terms and conditions of Section VIII
shall apply as appropriate with respect to the execution and delivery of closing
documents and allocation and payment of rents, taxes, insurance, utilities,
security deposits, and all other closing costs.

     6. The entire second paragraph of Section IV is deleted, it being agreed
that all of the Unacceptable Exceptions have been removed.

     7. Seller and Buyer acknowledge and agree that (a) the Amended REA has been
duly executed by each of them, (b) the fee owners of the Travelodge Property
(the Brooks Fee Owners) have duly executed the Consent and Joinder of Brooks Fee
Owner attached thereto, (c) the Amended REA (as so executed) has been properly
filed of record, Finova Capital Corporation has duly executed its Consent and
Subordination attached to the Amended REA, and (d) all the requirements of
Section V(a) have been satisfied, except for (x) the execution by Dorfinco
Corporation of the other Consent and Subordination attached to the Amended REA,
to the extent the latter execution is legally required; and (y) the proper
recording of the consents of Dorfinco Corporation and

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Finova Capital Corporation to the Amended REA, as and when executed by Dorfinco
Corporation, to the extent such execution is legally required.

     8. Section V(b) shall be deleted in its entirety.

     9. Except as expressly set forth herein, the Purchase Agreement is not
modified and shall remain in full force and effect.

     IN WITNESS WHEREOF, the parties hereto have executed this Amendment
intending to be bound by the provisions herein contained.

                                       SELLER:

                                       GRAND CASINOS OF NEVADA I, INC.
                                       a Minnesota corporation

                                       By:      /s/ Timothy Cope
                                          --------------------------------------
                                       Its:     Chief Financial Officer
                                           -------------------------------------

                                       BUYER:

                                       METROFLAG BP, LLC,
                                       a Nevada limited liability company

                                       By:      Metro Two, LLC, a Nevada limited
                                                liability company, its member

                                       By:      /s/ Brett Torino
                                          --------------------------------------
                                                Brett Torino, Manager<PAGE>
                                                                    EXHIBIT 10.4

                          NOTE SECURED BY DEED OF TRUST

$7,000,000                     Las Vegas, Nevada         December 28, 2001,
                                                         as amended and restated
                                                         as of July 1, 2002

         For valuable consideration, Metroflag BP, LLC, a Nevada limited
liability company ("Promisor") does hereby promise to pay to the order of Grand
Casinos Nevada I, Inc., a Minnesota corporation ("Promisee") the principal sum
of Seven Million Dollars ($7,000,000). Said amount shall be due and payable in
full on June 28, 2004.

         Both principal and interest are payable at the office of Promisee, in
Minnetonka, Minnesota, or at such place as the holder hereof may from time to
time designate in writing.

         Provided Promisor has notified Promisee in writing of such prepayment
at least ten (10) days in advance, Promisor may prepay this Note in full, or in
part at any time.

         This Note is secured by a Leasehold Deed of Trust, Assignment of Leases
and Rents and Security Agreement dated December 28, 2001 (as amended and
supplemented from time to time, the "Deed of Trust"). Should any event of
default, as hereinafter defined, occur, the whole sum of principal and interest
hereunder shall, without notice, immediately become due at the option of the
holder hereof. Any and all of the following shall constitute an event of default
hereunder:

                    (a) default in payment of any installment of principal or
interest hereunder; or

                    (b) default in performance of any obligation contained
herein or in the Deed of Trust or any other security instrument by which this
Note is secured or any guaranty hereof or thereof.

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         The sale, agreement to sell, transfer, assignment, mortgage, pledge,
hypothecation or encumbrance, whether voluntary or involuntary, directly or
indirectly, of the whole or any portion of Promisor's right, title or interest
in and to the property subject to the Deed of Trust or any portion thereof,
other than encumbrances permitted under, and complying with, the Purchase
Agreement of even date by and between Promisor and Promisee, shall entitle
Promisee to accelerate the indebtedness secured hereby in the same manner as in
the case of any other default. Any lease for a term (including options to
extend) of greater than twenty (20) years shall be deemed a sale for the purpose
of this paragraph. For the purpose of this paragraph, the sale, transfer,
assignment, mortgage, pledge, hypothecation, charging or encumbrance of the
aggregate of greater than thirty percent (30%) of (a) the interests in any
partnership or limited liability company then owning such property, whether
directly or indirectly (such as by sale of stock in any corporate partner or
member) or (b) any class of stock in a corporation then owning such property,
whether directly or indirectly (such as by sale of stock in any parent
corporation) shall be deemed a sale, transfer, assignment, mortgage, pledge,
hypothecation or encumbrance, as the case may be, of an interest of Promisor in
the property subject to the Deed of Trust.

         Promisor and all others who may become liable for the payment of all or
any part of this obligation do hereby severally waive presentment for payment,
protest and demand, notice of protest, demand and dishonor, and nonpayment of
this Note and expressly agree that the maturity of this Note or any payment
hereunder may be extended from time to time, at the option of the holder hereof,
without in any way affecting the liability of each. Promisor agrees that the
holder hereof may release all or part of the security for the payment thereof or
release any party liable for this obligation. Any such extension or release may
be made without notice to any of the parties and without discharging their
liability.

                                       2
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         Promisor promises to pay all costs incurred in collection and/or
enforcement of this Note or any part thereof or otherwise in connection
herewith, including, but not limited to, reasonable attorneys' fees. In the
event of court action, all costs and such additional sums and attorneys' fees as
the court may adjudge reasonable shall be awarded to the prevailing party.

         The obligations of any party liable for the payment of all or any part
of this obligation shall be joint and several.

         If any term, provision, covenant or condition of this Note, or any
application thereof, should be held by a court of competent jurisdiction to be
invalid, void, or unenforceable, all provisions, covenants and conditions of
this Note and all applications thereof not held invalid, void or unenforceable,
shall continue in full force and effect and shall in no way be affected,
impaired or invalidated thereby.

         The laws of the State of Nevada shall govern the validity,
construction, performance and effect of this Note. Any action to enforce
Promisor's obligations hereunder may be brought in any court of competent
jurisdiction in the State of Nevada, and Promisor hereby consents to the
jurisdiction of Nevada courts over it.

                                            Metroflag BP, LLC,
                                            a Nevada limited liability company

                                            By Its Member:

                                            Metro Two, LLC,
                                            a Nevada limited liability company

                                            By:  /s/  Brett Torino
                                               ---------------------------------
                                                   Brett Torino, Manager

                                       3

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