Document:

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                                                                  Exhibit 10.135

                           DOMINION ACCOUNT AGREEMENT
                     (Lakes Consulting - Iowa - New Project)

     THIS DOMINION ACCOUNT AGREEMENT, (the "Agreement"), dated effective as of
January 27, 2005 (the "Effective Date'"), between Iowa Tribe of Oklahoma, a
federally-chartered corporation ("Iowa Corp" and sometimes hereinafter referred
to as the "Borrower"), created pursuant to Section 3 of the Oklahoma Indian
Welfare Act of June 26, 1936 (49 Stat. 1967) under a federal charter issued to
the Iowa Tribe of Oklahoma ("Iowa Tribe"), a federally recognized tribe, whose
business office is located at RR 1, P.O. Box 721, Perkins, Oklahoma 74059, and
Lakes Iowa Consulting, LLC, a Minnesota limited liability company (hereinafter
referred to as "Lakes"), whose business office is located at 130 Cheshire Lane,
Minnetonka, Minnesota 55305, and when it has executed a counterpart signature
page hereto, the "Agent" (as defined below).

                                    RECITALS

     WHEREAS, the Borrower is a federally-chartered corporation created pursuant
to Section 3 of the Oklahoma Indian Welfare Act of June 26, 1936 (49 Stat. 1967)
under a federal charter issued to the Iowa Tribe of Oklahoma, a federally
recognized tribe eligible for the special programs and services provided by the
United States to Indians because of their status as Indians and is recognized as
possessing powers of self-government.

     WHEREAS, the United States government holds lands in the State of Oklahoma
in trust for the benefit of the Iowa Tribe over which the Iowa Tribe possesses
sovereign governmental powers and the Iowa Tribe holds or intends to acquire
interests in lands which constitute "Indian lands" upon which the Iowa Tribe may
legally conduct gaming under applicable federal law.

     WHEREAS, Iowa Corp is vested with the sovereign immunity of the Iowa Tribe,
and has been established to control and manage the economic affairs of the Iowa
Tribe; and is the legal entity which will own and operate specified gaming
projects which are to be developed by Iowa Corp on behalf of the Iowa Tribe.

     WHEREAS, Lakes has entered into a Gaming Development Consulting Agreement
with Borrower and the Iowa Tribe dated January 27, 2005 (as heretofore and
hereafter amended, the "Consulting Contract"), pursuant to which Lakes is to
provide certain development, financing and consulting services to Borrower.

     WHEREAS, Borrower and Lakes desire to enter into this Agreement in order to
provide for the receipt, deposit and disbursement of gross Revenues derived by
the Borrower with respect to the Project Facilities (as set forth in the
Consulting Contract), and to grant Lakes a first priority and perfected security
interest in such revenues subject only to Permitted Liens, each for the purposes
and in accordance with the terms set forth herein, as provided under the terms
of the Consulting Contract.

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     NOW, THEREFORE, in consideration of the mutual agreements herein contained
and other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, the parties hereto do hereby agree as follows:

                                    ARTICLE 1
                                   DEFINITIONS

     Section 1.1 Unless the context otherwise requires, capitalized terms which
are not defined herein shall have the meaning ascribed to them in the Consulting
Contract.

     Section 1.2 DEFINED TERMS. The following terms when used herein shall have
the following meanings:

     "Account Rights" shall have the meaning assigned to such term in Section
2.3 hereof.

     "Agent" means the financial institution selected by the Borrower pursuant
to Section 6.5 hereof, and its successors and assigns.

     "Business Day" means a day other than (i) a Saturday or Sunday and (ii) any
day on which banks located in the State of Oklahoma are required or authorized
by law to remain closed.

     "Collateral" means the Project Revenues, the Project Dominion Account and
the cash and/or cash equivalents and other investment property deposited or
credited thereto from time to time, each whether now or hereafter owned,
existing, arising or acquired, and including any proceeds of the foregoing.

     "Event of Default" shall have the meaning assigned to such term in Section
5.1 hereof.

     "IGRA" shall mean the Indian Gaming Regulatory Act of 1988, Public Law
100-497.

     "Notice of Exclusive Control" shall have the meaning assigned to such term
in Section 3.2 hereof.

     "Obligations" shall mean all loans, compensation, fees, expenses and other
amounts owing by (i) the Borrower to Lakes or its Affiliates under or with
respect to the Consulting Contract, the Iowa Corp Notes, the Security Agreement,
and each of the other Transaction Documents, (ii) the Iowa Tribe under and with
respect to the Tribal Agreement and any other documents or agreements executed
in favour of Lakes or its Affiliates in connection with the Project Facilities,
(iii) together with any costs, expenses or other amounts hereafter owing by the
Borrower to Agent or Lakes pursuant to the terms of this Agreement, each of the
foregoing, whether now existing or hereafter incurred or arising.

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     "Permitted Liens" shall mean: (i) all security interests and liens granted
by Borrower in favor of Lakes under the terms of the Consulting Contract or any
related Transaction Documents; and (ii) such other liens and security interests
as Lakes may consent to in writing.

     "Project Dominion Account" means that certain account owned and maintained
by the Borrower with the Agent formed by and subject to the terms of this
Agreement into which all Project Revenues shall be deposited, together with any
replacement or supplemental accounts related thereto.

     "Project" shall have the meaning assigned to such term in the Consulting
Contract and which shall include, without limitation, the gaming operations of
the Project.

     "Project Revenues" shall mean the gross Revenues (as such term is defined
in the Consulting Contract) of the Project, including without limitation credit
card receivables and other accounts receivable related to such project.

     "Resolution of Limited Waiver" shall mean that certain Iowa Corp Resolution
Regarding Limited Waiver of Sovereign Immunity - Resolution IC-05-03 dated
January 27, 2005, issued in connection with the Transaction Documents.

     "Transaction Documents" shall mean each of this Agreement, the Consulting
Agreement, the Iowa Corp Notes, the Security Agreement, and any and all other
documents and agreements executed by Borrower in favor of Lakes or related
thereto or contemplated thereby (collectively, the "Transaction Documents").

                                    ARTICLE 2
                                GENERAL COVENANTS

     Section 2.1 CREATION OF PROJECT DOMINION ACCOUNT/LEGAL OPINION. Upon the
Agent's execution of this Agreement pursuant to Section 6.5 hereof, there is
hereby created with the Agent the Project Dominion Account in the name of
Borrower, which account is subject to the terms and conditions of this
Agreement. The Agent shall deposit into the Project Dominion Account, as
received, each and every payment of Project Revenues or proceeds thereof
delivered to the Agent in accordance with Section 2.2 hereof. Agent hereby
acknowledges the security interest in the Collateral granted to Lakes by
Borrower. On the date of execution of this Agreement, the Borrower shall cause
to be delivered to Lakes (a) such financing statements and similar documents
necessary to perfect the security interest granted to Lakes pursuant to Section
3.1 hereof (the "Financing Statements") and (b) a legal opinion in form and
substance reasonably acceptable to Lakes, opining as to the due authorization,
execution, delivery and enforceability of this Agreement and the Financing
Statements by the Borrower, together with opinions as to the Borrower's
sovereign immunity waiver and noncontravention with laws and agreements.

     Section 2.2 DEPOSIT OF REVENUES. The Borrower agrees that it will or will
direct any manager of the Project Facilities, and any other applicable parties
to cause all Project Revenues to be transferred to the Agent on each Business
Day for deposit into the Project Dominion Account. If any Project Revenues are
initially deposited in collection bank(s) (which shall be

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permitted provided the collecting bank(s) execute and deliver the Joinder
Agreement attached hereto as Exhibit A with the Borrower, Lakes and the
collecting banks in form mutually acceptable to each of such parties), the
Borrower shall transfer or cause to be transferred all such Project Revenues or
other Collateral, consisting of cash and other collected funds directly by wire
transfer of immediate available funds to the Project Dominion Account on each
Business Day. In the event that the Borrower receives any payment that should
have been deposited into the Project Dominion Account as provided pursuant to
this Agreement, the Borrower agrees that it will hold such amounts in trust for
the benefit of Lakes, and shall not commingle any such funds with any of its
funds or other property and shall immediately transfer such amounts to the Agent
for deposit into the Project Dominion Account. The Borrower agrees that the
Agent's officers, agents and employees are irrevocably authorized by it to
endorse for payment to the Agent any instruments received by the Agent for
deposit into the Project Dominion Account.

     Section 2.3 WITHDRAWALS FROM PROJECT DOMINION ACCOUNT. Notwithstanding any
other term or provision contained herein or in the Consulting Contract, only
Borrower shall have the authority to make withdrawals from or exercise any other
rights (collectively, the "Account Rights") with respect to Project Dominion
Account; provided that in accordance with Sections 3.2 and 5.2 hereof, Lakes may
revoke such rights of Borrower to make withdrawals and transfers from the
Project Dominion Account. Upon Agent's receipt of a Notice of Exclusive Control
from Lakes, then in connection with any such withdrawals and transfers and any
other aspects of the Project Dominion Account, the Agent shall acknowledge and
comply with only the withdrawal requests and other directions received from
Lakes, except pursuant to an arbitration award made in an arbitration proceeding
to which Lakes and the Borrower are parties. Lakes acknowledges that when it
shall release any funds from the Project Dominion Account, then its security
interest in such funds shall also be deemed to have been released concurrently
therewith.

     Section 2.4 INTEREST. The Project Dominion Account shall bear interest, and
subject to Section 3.2 of this Agreement, funds in that account shall be
invested in money market or other cash equivalent assets that are reasonably
acceptable to Borrower or, after the occurrence of an Event of Default, solely
by Lakes. All interest accruing with respect to amounts now or hereafter on
deposit with respect to the Project Dominion Account shall be deposited into the
Project Dominion Account and become part of the proceeds of the Collateral and
distributed as part of such proceeds.

     Section 2.5 MONTHLY REPORTING. On or before the tenth (10th) Business Day
of each calendar month, the Agent shall provide to the Borrower and Lakes an
account statement with respect to the Project Dominion Account reflecting all
deposits to, withdrawals from and charges credited against the Project Dominion
Account, and specifying the financial assets held in such account.

                                    ARTICLE 3
                     PLEDGE AND GRANT OF SECURITY INTERESTS

     Section 3.1 GRANT OF THE SECURITY INTEREST. As security for the payment and
performance of all of the Obligations, the Borrower hereby pledges to Lakes and
grants a

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continuing first perfected security interest to Lakes, for and on behalf of
Lakes and its Affiliates, subject only to Permitted Liens of all of the
Borrower's right, title and interest in and to the Collateral. The Borrower
represents and warrants that the Borrower is (or, to the extent that the
Collateral is acquired after the date hereof, will be) the sole legal and
beneficial owner of its respective Collateral and has exclusive possession and
control thereof; there are no security interests in, liens, charges or
encumbrances on, or adverse claims of title to, or any other interest whatsoever
in, such Collateral or any portion thereof except for Permitted Liens; and that
no financing statement, notice of lien, mortgage, deed of trust or instrument
similar in effect covering the Collateral or any portion thereof or any proceeds
thereof ("LIEN NOTICE") exists or is on file in any public office, except as
relates to Permitted Liens and except as may have been filed in favor of Lakes
relating to this Agreement or related agreements, or for which duly executed
termination statements have been delivered to Lakes for filing. Without the
prior written consent of Lakes, Borrower will not in any way encumber, or
hypothecate, or create or permit to exist, any lien, security interest, charge
or encumbrance or adverse claim upon or other interest in the Collateral, except
for Permitted Liens, and the Borrower will defend the Collateral against all
claims and demands of all persons at any time claiming the same or any interest
therein, except as expressly provided herein. The Borrower will not permit any
Lien Notices to exist or be on file in any public office with respect to all or
any portion of the Collateral except, in each case, for Lien Notices of holders
of Permitted Liens or encumbrances permitted by the Consulting Contract or any
other Transaction Document or except as may have been filed by or for the
benefit of Lakes relating to this Security Agreement or related agreements. The
Borrower shall promptly notify Lakes of any attachment or other legal process
levied against any of the Collateral and any information received by any
Borrower relative to the Collateral, which may in any material way affect the
value of the Collateral or the rights and remedies of Lakes in respect thereto.

     If Borrower shall become entitled to receive or shall receive any
certificate or instrument as proceeds of Collateral, whether as an addition to,
in substitution of, or in exchange for any or all of the Collateral or any part
thereof, or otherwise, Borrower shall accept any such instruments as Lakes'
agent, shall hold them in trust for Lakes, and shall deliver them forthwith to
Agent in the exact form received, with Borrower's endorsement when necessary or
appropriate, or accompanied by duly executed instruments of transfer or
assignment in blank or, if requested by Lakes, an additional pledge agreement or
security agreement executed and delivered by Borrower, all in form and substance
satisfactory to Lakes, to be held by Lakes, subject to the terms hereof, as
additional Collateral to secure the obligations hereunder.

     The Borrower hereby irrevocably appoints Lakes its attorney-in-fact, which
appointment is coupled with an interest, with full authority in the place and
stead of Borrower and in the name of Borrower, Agent, Lakes or otherwise, from
time to time in Lakes' discretion (a) to execute and file financing and
continuation statements (and amendments thereto and modifications thereof) on
behalf and in the name of the Borrower with respect to the security interests
granted or purported to be granted hereby, (b) to take any action and to execute
any instrument which Lakes may deem necessary or advisable to exercise its
rights under Article 5 hereunder, and (c) upon the occurrence and during the
continuance of an Event of Default, to take any action and to execute any
instrument which Lakes may deem necessary or advisable to accomplish the
purposes of this Agreement, including, without limitation:

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               (i) to obtain and adjust insurance required under this Agreement;

               (ii) to ask, demand, collect, sue for, recover, compound, receive
     and give acquittance and receipts for moneys due and to become due under or
     in respect of any of the Collateral;

               (iii) to receive, endorse and collect any drafts or other
     instruments, documents and chattel paper, in connection with clauses (i)
     and (ii) above;

               (iv) to sell, convey or otherwise transfer any item of Collateral
     to any purchaser thereof; and

               (v) to file any claims or take any action or institute any
     proceedings which Lakes may deem necessary or desirable for the collection
     of any of the Collateral or otherwise to enforce the rights of Agent or
     Lakes with respect to any of the Collateral.

     Section 3.2 CONTROL. Agent covenants and agrees that it will comply with
all instructions, requests or other directions originated by Lakes concerning
the Project Dominion Account at any time without further consent by Borrower.
Except as otherwise provided in this Agreement, Agent shall accept withdrawal
and investment instructions with respect to the Collateral held in the Project
Dominion Account at the direction of Borrower or its authorized representatives
until such time as Lakes delivers a written notice to Agent and the Borrower in
accordance with Section 5.2 that Lakes is thereby exercising exclusive control
over the Project Dominion Account ("NOTICE OF EXCLUSIVE CONTROL"), provided that
the proceeds of any such investments are deposited in or credited to the Project
Dominion Account contemporaneously with such transaction; and provided, further,
such investment instructions shall not affect the type or nature of Collateral
for attachment and perfection purposes under the Oklahoma Uniform Commercial
Code (as may be amended from time to time) or any other applicable law. After
Agent receives the Notice of Exclusive Control, it will immediately cease
complying with any investment instructions concerning Project Dominion Account
originated by Borrower or its representatives and shall comply with only such
investment instructions as are originated by Lakes.

     Section 3.3 DURATION. The pledge and security interests granted herein in
the Collateral will respectively continue with respect to Lakes until cancelled
or terminated by Lakes under a written cancellation instrument signed by such
party or except as otherwise provided pursuant to an arbitration award made in
an arbitration proceeding to which Lakes and the Borrower are parties. Lakes
acknowledges and agrees that it shall cause the termination of this Agreement as
and when the Consulting Contract have been terminated, all Obligations have been
paid in full and Lakes no longer has any commitment to make loan advances, if
any, to the Borrower under the Consulting Contract.

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                                    ARTICLE 4
                               BORROWER COVENANTS

     Section 4.1 Covenants of the Borrower. During the term of this Agreement,
the Borrower will observe and comply with the following requirements, unless
Lakes shall otherwise consent in writing:

     (a) Further Assurance. The Borrower will promptly execute and deliver all
instruments and documents, and take such actions that may be necessary or that
the Agent or Lakes may reasonably request, in order to perfect and protect the
security interests granted hereby or, after an Event of Default, to enable the
Agent or Lakes to exercise and enforce its right and remedies hereunder with
respect to any Collateral in accordance with this Agreement. Without limiting
the generality of the foregoing, the Borrower will execute and file such
financing statements or continuation statements in respect thereof, or
amendments thereto, and such other instruments of notices, as may be necessary
or desirable, or as the Agent or Lakes may reasonably request, in order to
perfect, preserve, and enhance the security interests granted hereby. The
Borrower hereby authorizes the Agent, with the prior written consent of Lakes,
or Lakes to file this Agreement (if the Borrower shall fail to provide an
appropriate financing statement within ten (10) business days after request) or
one or more continuation statements in respect thereof, relating to all or any
part of the Project Dominion Account or the Project Revenues without the
additional signature or consent of the Borrower where permitted by law. A
photocopy or other reproduction of this Agreement or any financing statement
covering the Project Dominion Account and Project Revenues or any part thereof
shall be sufficient as a financing statement where permitted by law.

     (b) No Revocation. The Borrower shall not revoke any direction or
authorization required or authorized to be given to the collection bank(s) and
Agent pursuant to Article 2 or elsewhere herein unless authorized pursuant to an
arbitration award made in an arbitration proceeding to which Lakes and the
Borrower are parties.

     (c) Financial Statements. After the occurrence of a Material Breach by
Borrower and termination of the Consulting Contract, the Borrower will furnish
the following to Lakes upon request:

          (i)  Within thirty (30) days after the end of each month and one
               hundred twenty (120) days after the end of each Fiscal Year,
               financial and operating statements of the Project for such month
               (and year-to-date) or Fiscal Year, as applicable, including a
               balance sheet and a profit and loss statement, all in reasonable
               detail and conforming to generally accepted accounting principles
               for gaming operations. The monthly statements shall be prepared
               and certified by the Borrower as being true and correct
               representations of the information set forth therein and the
               annual financial statements shall be prepared, audited and
               certified by independent certified public accountants with casino
               auditing experience employed or retained by the Borrower. Lakes
               agrees that any such information, as well as any other
               information it may receive from Borrower relating to the Project,

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               shall be and remain subject to the provisions of Section 13.15 of
               the Consulting Contract.

          (ii) Within fifteen (15) days after the filing thereof, a copy of the
               Borrower's regulatory filings under IGRA and its Tribal-State
               Compact, if any, for each calendar year during the term hereof,
               with all schedules attached.

          (iii) With each of the annual audited and monthly unaudited financial
               statements delivered pursuant to this subsection a certificate of
               the chief financial officer of the Borrower or an appropriate
               officer of the manager of the Project, substantially in the form
               set forth in Exhibit B stating that, except as explained in
               reasonable detail in such certificate, all gross Project Revenues
               with respect to the Project has been deposited into the Project
               Dominion Account for the period covered by such financial
               statement. If such certificate discloses an exception to such
               certification, such certificate shall set forth what action the
               Borrower has taken or proposes to take with respect thereto.

     (d) Insurance. The Borrower shall cause to be maintained insurance on the
Project and related assets with such coverages and in such amounts as are
reasonably satisfactory to Lakes, including without limitation, loss of business
income coverage, and naming Lakes as an additional insured, lender loss payee
and mortgagee, if applicable. Upon request, the Borrower shall provide to the
Agent and Lakes certificates of insurance or copies of insurance policies
evidencing that such insurance is in effect at all times.

                                    ARTICLE 5
                           EVENTS OF DEFAULT/REMEDIES

     Section 5.1 Events of Default. Each of the following occurrences shall
constitute an Event of Default:

     (a) Any material representation or warranty made by or on behalf of the
Borrower herein or in any report, certificate or other document furnished by or
on behalf of the Borrower pursuant to this Agreement shall prove to be false or
misleading in any material respect when made or at any time shall fail to be
true and correct in all material respects, and such false or misleading
statement shall cause a material loss or have a material adverse effect on any
Collateral of Lakes described in this Agreement or any other Transaction
Documents and such loss or adverse effect is not cured by the Borrower within
sixty (60) days after providing notice thereof to the Borrower.

     (b) The Borrower shall default in the due observance or performance of any
of its material obligations hereunder and such default shall continue for thirty
(30) days (unless a shorter or longer cure period is provided under the terms of
this Agreement) after written notice thereof has been sent to the Borrower by
Lakes or Agent; provided, however, that if the nature of such default (but
specifically excluding defaults curable by the payment of money) is such that it
is not possible to cure such default within such cure period, such cure period
shall be extended an

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additional reasonable period of time for so long as the Borrower shall be using
diligent efforts to effect a cure thereof but no more than an additional sixty
(60) days.

     (c) A Material Breach by Borrower shall occur and such default shall
continue for thirty (30) days after written notice thereof has been sent to the
Borrower by Lakes.

     (d) An event of default shall have occurred under any Iowa Corp Note or
other Transaction Document and shall have continued beyond any applicable grace
or cure period.

     Section 5.2 REMEDIES ON DEFAULT. Whenever an Event of Default shall have
occurred and be continuing and, if such default is not cured within any
applicable cure period, Lakes may thereafter give Agent and the Borrower a
Notice of Exclusive Control, and Agent (for and on behalf and at the direction
of Lakes) or Lakes, as applicable, shall be entitled to pay to Lakes from the
Project Dominion Account all amounts otherwise payable to the Borrower, and to
apply the same towards the repayment of the Obligations, and to endorse in the
name of the Borrower any checks, drafts, notes or other instruments or documents
received in payment of or on account of the Project Revenues or other
Collateral; and any such proceeds so received and prepaid shall be applied to
installments of principal on the Obligations in the inverse order of their
maturity; and provided further that Lakes may obtain any injunctive or other
relief as is necessary for the enforcement of this Agreement and the terms and
provisions set forth herein, and may exercise such other rights and remedies
available by law or agreement; PROVIDED, HOWEVER, that notwithstanding any term
or provision contained herein, Lakes shall take all steps necessary to continue
to permit and cause the necessary withdrawals and transfers to be made from the
Project Dominion Account in accordance with Section 5.3 hereof; and in no event
shall Lakes exercise any remedy against the Borrower (excluding other third
parties) with respect to the Project Revenues other than such remedies as are
necessary to require their deposit into the Project Dominion Account or seeking
an accounting and turnover of any Project Revenues held in trust by the Borrower
as required under Section 2.2 hereof until such time that the Borrower shall
have ceased business operations or in accordance with Section 5.3 it is
determined that any portion thereof is no longer economically feasible to
operate at the Project, at which time Lakes may exercise all rights and remedies
under applicable law or by agreement and apply all proceeds of the Collateral to
the repayment of the Obligations. Borrower agrees that, to the extent notice of
sale shall be required by law with respect to the disposition of any Collateral,
at least ten (10) calendar days notice to the Borrower of the time and place of
any public sale or the time after which a private sale is to be made shall
constitute reasonable notification. Lakes agrees that it shall withdraw and
terminate any Notice of Exclusive Control at such time that all outstanding
Events of Default have been cured by the Borrower.

     Lakes shall have the right at any time, but shall not be obligated, to make
any payments and do any other acts Lakes may deem necessary or desirable to
protect its security interest in the Collateral, including, without limitation,
that after the occurrence of an Event of Default the right to pay, purchase,
contest or compromise any encumbrance, charge or lien (excluding any Permitted
Liens) applicable or purported to be applicable to any Collateral hereunder, and
whether prior to or after the occurrence of any Event of Default, appear in and
defend any action or proceeding purporting to affect its security interest in
and/or the value of any Collateral, and

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in exercising any such powers or authority, the right to pay all expenses
incurred in connection therewith, including attorneys' fees. Borrower hereby
agrees that it shall be bound by any such payment made or incurred or act taken
by Lakes hereunder and shall reimburse Lakes for all reasonable payments made
and expenses incurred under this Agreement, which amounts shall be secured under
this Agreement. Lakes shall have no obligation to make any of the foregoing
payments or perform any of the foregoing acts

     The Agent's and Lakes' sole duty with respect to the custody, safekeeping
and preservation of the Collateral, under Section 9-207 of the Code or
otherwise, shall be to deal with it in the same manner as either of them deals
with similar property for their own account. Neither the Agent nor Lakes nor any
of their directors, officers, trustees, employees, representatives, or agents
shall be liable for failure to demand, collect or realize upon all or any part
of the Collateral or for any delay in doing so or shall be under any obligation
to sell or otherwise dispose of any Collateral in connection with the exercise
of any of their rights and remedies under this Agreement.

     Each of the parties hereto acknowledge and agree that all reasonable costs
and expenses incurred by the Agent after an Event of Default and expiration in
connection with the exercise of any remedy hereunder, including reasonable
attorneys' fees, are the costs, expense and responsibility of the Borrower and
shall be paid from the Project Dominion Account notwithstanding any other terms,
provisions or priorities set forth in this Agreement; provided however that if
the Borrower is the prevailing party in any action or proceeding seeking
enforcement of this Agreement, then the Borrower shall not be and Lakes shall be
responsible for such related costs and expenses.

     Section 5.3 WITHDRAWALS AFTER DEFAULT/TERMINATION. Upon the occurrence of
an Event of Default and if Lakes shall issue the Notice of Exclusive Control to
Agent, Lakes and Borrower agree that until all obligations under the Transaction
Documents have been indefeasible paid, then during any applicable cure period
related thereto or if the Consulting Contract is terminated, (a) Lakes shall
permit the release of and turnover to Borrower monthly of such funds from the
Project Dominion Account as are reasonably necessary to pay normal and customary
operating costs and expenses related to the operation of the Project, excluding
any amounts that are payable to the Borrower, the Iowa TDC, the Iowa Tribe or
any other affiliate of any of such parties and excluding debt service on any
indebtedness for borrowed money or capital leases except as otherwise approved
by Lakes in writing (collectively, the "Permitted Operating Costs"); and in
connection therewith, Borrower shall provide a proposed operating expense budget
to Lakes for its approval, which shall be updated from time to time at Lakes
request and any funds provided to Borrower shall be spent, used and applied only
in accordance with such budget; and (b) to the extent economically feasible (as
hereinafter defined), Borrower agrees to continue to operate and maintain the
Project and Project Facilities in accordance with reasonable industry standards,
and as to any portions of the Project Facilities that are no longer economically
feasible to operate, Borrower and the Lakes shall conduct an orderly liquidation
of such assets and any liquidation proceeds (net of reasonable sale costs) shall
be deposited into the Project Dominion Account and disbursed in accordance with
the same terms and provisions set forth in clause (a) above, provided however
that such liquidation proceeds shall be excluded

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from net total revenues for purposes of calculating the management compensation
of any manager of the Project; and Borrower shall keep the Project Facilities
and all related assets insured for the coverages and amounts required by this
Agreement and name Lakes as an additional insured, lender loss payee and
mortgagee, as applicable and provide evidence thereof upon request until all
amounts owing to Lakes have been paid in full, and if any portion of the Project
assets are damaged by any casualty and it is economically feasible for Borrower
to continue to operate such damaged assets, then Borrower shall repair and
reconstruct such operations that were damaged and are to be continued, and any
excess insurance proceeds that are not used to repair and reconstruct the
applicable damaged Project assets shall be deposited into the Project Dominion
Account and disbursed in accordance with the same terms and provisions set forth
herein, provided however that such excess proceeds shall be excluded from net
total revenues for purposes of calculating the management compensation of any
manager of the Project. As used herein, the term "economically feasible" shall
mean that the gross Revenues derived from any applicable operations is in excess
of that needed to pay the Permitted Operating Costs for such operations.

     Section 5.4 WAIVERS; REMEDIES. Any waiver given by Lakes hereunder shall be
effective if it is in writing and only in the specific instance and for the
specific purpose given. Mere delay or failure to act shall not preclude the
exercise or enforcement of any rights and remedies available to Lakes. All
rights and remedies of the Agent and/or Lakes shall be cumulative and may be
exercised singularly in any order or concurrently, at the option of Lakes, and
the exercise or enforcement of any such right or remedy shall neither be a
condition to nor a bar to the exercise or enforcement of any other right or
remedy.

                                    ARTICLE 6
                                    THE AGENT

     Section 6.1 AGENT'S RIGHTS AND DUTIES.

     (a) The Agent's sole agency and duty with respect to Lakes and this
Agreement is for the purposes of perfecting Lakes' pledge and security interest
in the Collateral and the Agent shall have no other duty or obligation,
fiduciary or otherwise to Lakes except to the extent expressly set forth herein.

     (b) The Agent undertakes to perform such duties as are specifically set
forth in this Agreement, and no implied covenants or obligations shall be read
into this Agreement against the Agent.

     (c) In the absence of bad faith on its part, Agent may conclusively rely,
as to the truth of the statements and the correctness of the opinions expressed
therein, upon certificates or opinions furnished to the Agent and conforming to
the requirements of this Agreement believed by it to be genuine and to have been
signed or presented by the proper party or parties; but in the case of any such
certificates or opinions which by any provision hereof are specifically required
to be furnished to the Agent, the Agent shall be under a duty to examine the
same to determine whether or not they conform to the requirements hereof.

                                                                         Page 11

<PAGE>

     (d) In case an Event of Default has occurred and is continuing, the Agent
shall exercise such of the rights and powers vested in it by this Agreement, and
use the same degree of care and skill in their exercise, as a prudent person
would exercise or use under the circumstances in the conduct of such person's
own affairs.

     (e) No provision of this Agreement shall be construed to relieve the Agent
from liability for its own wilful misconduct, negligence or breach of duty
hereunder, except that:

          (i)  this subsection shall not be construed to limit the effect of
               subsections (a) or (b) of this Section;

          (ii) the Agent shall not be liable for any error, of judgment made in
               good faith by an officer of the Agent, unless it shall be proved
               that the Agent was negligent in ascertaining the pertinent facts;
               and

          (iii) no provision of this Agreement shall require the Agent to expend
               or risk its own funds or otherwise incur any financial liability
               in the performance of any of its duties hereunder, or in the
               exercise of any of its rights or powers, if it shall have
               reasonable grounds for believing that repayment of such funds or
               adequate indemnity against such risk or liability is not
               reasonably assured to it.

     (f) Except for the requirements under Section 3.2 hereof, the safekeeping
of any funds in its possession, the accounting for funds actually received by it
hereunder and the investment of the funds in accordance with the instructions of
the Borrower (provided Lakes has not issued a Notice of Exclusive Control) and
Lakes, the Agent shall have no duty as to any Project Revenues or other
Collateral or as to the taking of any necessary steps to preserve rights against
any Persons or any other rights pertaining to any Project Revenues or other
Collateral.

     Section 6.2 INDEMNIFICATION. The Borrower and Lakes jointly and severally
agree to hold the Agent harmless and to defend the Agent against any claims,
causes of actions or damages arising out of any claim against the Agent by any
Person with respect to amounts due to such Person from sums paid to the Agent
hereunder, other than with respect to claims arising out of the willful
misconduct or gross negligence by the Agent, its officers, agents or employees,
in the performance of its duties under this Agreement. If Borrower shall fail to
pay any of such costs when due, Lakes may make a withdrawal of proceeds from the
Project Dominion Account in an amount sufficient to cause the payment of the
same or reimburse Lakes for any such payment.

     Section 6.3 FEES AND EXPENSES. The Borrower agrees to pay the Agent its
reasonable fees and charges for serving as Agent hereunder and after an Event of
Default to pay and reimburse the Agent or Lakes on demand for all out-of-pocket
expenses (including in each case all filing and recording fees and taxes and all
reasonable fees and expenses of counsel) incurred or expended by the Agent or
Lakes in connection with the creation, perfection, satisfaction, foreclosure or
enforcement of the security interests granted hereby and the preparation,
administration and enforcement of this Agreement; provided however that if the
Borrower is the prevailing party in any action or proceeding seeking enforcement
of this Agreement, then the

                                                                         Page 12

<PAGE>

Borrower shall not be and Lakes shall be responsible for such related costs and
expenses. If Borrower shall fail to pay any of such costs when due, Lakes may
make a withdrawal of proceeds from the Project Dominion Account in an amount
sufficient to cause the payment of the same or reimburse Lakes for any such
payment.

     Section 6.4 CERTAIN RIGHTS OF AGENT. Except as otherwise provided in
Section 6.1 hereof:

     (a) The Agent may rely and shall be protected in acting or refraining from
acting upon any certificate, statement, instrument, opinion, report, notice,
request, direction, consent, order or other paper or documents believed by it to
be genuine and to have been signed or presented by the proper party or parties.

     (b) Whenever in the administration of this Agreement the Agent shall deem
it desirable that a matter be proved or established prior to taking, suffering,
or omitting to take any action hereunder, the Agent (unless other evidence be
herein specifically prescribed) may, in the absence of bad faith on its part,
rely upon a certificate of an officer of Lakes.

     (c) The Agent shall not be bound to make any investigation into the facts
or matters stated in any certificate, statement, instrument, opinion, report,
notice, request, direction, consent, order or other paper or document believed
by it to be genuine and to have been signed or presented by the proper party or
parties, but the Agent, in its discretion, may make such further inquiry or
investigation into such facts or matters as it may see fit.

     Section 6.5 AGENT REQUIRED, SELECTION AND ELIGIBILITY. On or before sixty
(60) days after the date of this Agreement, Borrower shall select an eligible
financial institution to act as the agent (the "Agent") under this Agreement and
cause the Agent to execute a counterpart signature page to this Agreement,
thereby becoming a party hereto. Thereafter, there shall at all times be an
Agent hereunder. Any such Agent shall be a financial institution organized and
doing business under the laws of the United States of America or of any State,
having a combined capital, undivided profits and surplus of at least
$500,000,000. If at any time the Agent shall cease to be eligible in accordance
with the provisions of this Section, it shall resign immediately in the manner
and with the effect hereinafter specified in this Article 6.

     Section 6.6 RESIGNATION AND REMOVAL, APPOINTMENT OF SUCCESSOR.

     (a) No resignation or removal of the Agent and no appointment of a
Collecting Bank pursuant to this Article shall become effective until the
acceptance of appointment by the Collecting Bank under Section 6.7 and execution
by such Collecting Bank of a joinder agreement assuming the obligations of such
resigning Agent hereunder or of a Dominion Account Agreement substantially in
the form of this Agreement.

     (b) The Agent may resign at any time by giving thirty (30) days prior
written notice thereof to the Borrower and Lakes. If an instrument of acceptance
by a Collecting Bank shall not have been delivered to the Agent within thirty
(30) days after the giving of such notice of

                                                                         Page 13

<PAGE>

resignation, the resigning Agent may petition any court of competent
jurisdiction for the appointment of a Collecting Bank.

     (c) Subject to subsection (a) above, the Agent may be removed at any time
by an instrument in writing executed by the Borrower (so long as a Notice of
Exclusive Control has not been issued by Lakes to the Agent) and Lakes delivered
to the Agent.

     (d) If the Agent shall resign or be removed for any cause, the Borrower (so
long as a Notice of Exclusive Control has not been issued by Lakes to the Agent)
and Lakes shall promptly appoint a Collecting Bank.

     (e) The Borrower shall give notice of each removal of the Agent and each
appointment of a Collecting Bank by mailing written notice of such event within
15 days thereof by certified mail, return receipt requested, postage prepaid, to
Lakes. Each notice shall include the name of the Collecting Bank and the address
of its principal corporate trust office.

     Section 6.7 ACCEPTANCE OF APPOINTMENT BY SUCCESSOR. Every Collecting Bank
appointed hereunder shall execute, acknowledge, and deliver to the Borrower and
Lakes, and to the retiring Agent an instrument accepting such appointment, and
thereupon the resignation or removal of the retiring Agent shall become
effective and such Agent, without any further act, deed, or conveyance, shall
become vested with all the rights, powers, trusts, and duties of the retiring
Agent, but, on request of the Borrower, Lakes or the Collecting Bank, such
retiring Agent shall, upon payment of its charges, execute and deliver an
instrument transferring to such Collecting Bank all the rights, powers and
trusts of the retiring Agent, and shall duly assign, transfer and deliver to
such Collecting Bank all property and money held by such retiring Agent
hereunder. Upon request of any such Collecting Bank, the Borrower shall execute
any and all instruments for more fully and certain vesting in and confirming to
such Collecting Bank for all such rights, powers and trusts.

     Section 6.8 MERGER, CONVERSION, CONSOLIDATION OR SUCCESSION TO BUSINESS.
Any corporation into which the Agent may be merged or converted or with which it
may be consolidated, or any corporation resulting from any merger, conversion,
or consolidation to which the Agent shall be a party, or any corporation
succeeding to all or substantially all of the corporate trust business of the
Agent, shall be the successor of the Agent hereunder, without the execution or
filing of any paper or any further act on the part of any of the parties hereto.

     Section 6.9 NO SET-OFF. The Agent shall not set off from the Collateral any
obligations or other amounts which may be payable to the Agent by the Borrower,
Lakes or by any other Person, other than amounts due pursuant to Section 6.3.

     Section 6.10 CONFLICTS. In the event of any inconsistency between this
Agreement and any depository agreement of Agent now or hereafter existing with
respect to the Project Dominion Account, the terms of this Agreement shall
control.

                                                                         Page 14

<PAGE>

                                    ARTICLE 7
                                  MISCELLANEOUS

     Section 7.1. NOTICES. Except as otherwise provided herein, any notice or
demand which, by provision of this Agreement, is required or permitted to be
given or served any party to the others shall be deemed to have been
sufficiently given and served for all purposes: (a) (if mailed) three (3)
calendar days after being deposited, postage prepaid, in the United States Mail,
registered or certified mail; or (b) (if delivered by express courier) one
Business Day after being delivered to such courier; or (c) (if delivered in
person) the same day as delivery, or until another address or addresses are
given in writing by a party as follows:

If to the Borrower:    Iowa Tribe of Oklahoma
                       a federally-chartered corporation
                       RR 1, P. O. Box 721
                       Perkins. Ok 74059
                       Attention: Chairman

     With a copy to:   David McCullough
                       Doerner, Saunders, Daniel & Anderson, L.L.P.
                       211 N. Robinson Ave. Suite 501
                       Oklahoma City, OK 73102-7112

If to Lakes:           Lakes Iowa Consulting, LLC
                       130 Cheshire Lane
                       Minnetonka, MN 55305
                       Attention: Timothy J. Cope

     With a copy to:   Kevin C. Quigley, Esq.
                       Hamilton Quigley Twait & Foley PLC
                       W1450 First National Bank Building
                       332 Minnesota Street
                       St. Paul, MN 55101-1314

          and          Brian J. Klein, Esq.
                       Maslon, Edelman, Borman & Brand, LLP
                       3300 Wells Fargo Center
                       90 South Seventh Street
                       Minneapolis, MN 55402-4140

To Agent:              At the address set forth on the signature page hereto.

     Any notice given under this Agreement by any party shall be given to all
parties.

     Section 7.2 SEVERABILITY. If any provision of this Agreement is prohibited
by, or is unlawful or unenforceable under, any applicable law of any
jurisdiction, such provision shall, as to such jurisdiction, be ineffective to
the extent of such prohibition without invalidating the

                                                                         Page 15

<PAGE>

remaining provisions hereof, provided, however that where the provisions of any
such applicable law may be waived, they hereby are waived by the Parties to the
fullest extent permitted by law to the end that this Agreement shall be deemed
to be a valid and binding agreement in accordance with its terms.

     Section 7.3 SURVIVAL. The warranties, representations, covenants and
agreements set forth herein shall survive the execution and delivery of this
Agreement and shall continue in full force and effect until this Agreement has
been terminated pursuant to Section 3.3 hereof.

     Section 7.4 CAPTIONS. Captions herein are for convenience only and shall
not be deemed part of this Agreement.

     Section 7.5 BINDING EFFECT. Subject to any limitations on assignment set
forth in the Consulting Contract, this Agreement shall be binding upon and inure
to the benefit of the parties hereto, their respective successors and assigns.

     Section 7.6 AMENDMENTS. This Agreement may not be amended, modified,
waived, cancelled or terminated, except in writing executed by all of the
parties hereto.

     Section 7.7 RIGHTS, POWERS, WAIVERS, ETC. Each and every right, remedy and
power granted to Agent and Lakes hereunder or to Lakes under the Obligations
shall be cumulative and may be exercised by the Agent or Lakes, as applicable,
from time to time concurrently or independently as often and in such order as
the Agent or Lakes may deem expedient. No failure on the part of the Agent or
Lakes to exercise and no delay in exercising, any power or right hereunder shall
operate as a waiver thereof, nor shall any single or partial exercise of any
power or right preclude any other or further exercise thereof of any other power
or right.

     Section 7.8 COUNTERPARTS. This Agreement may be executed in any number of
counterparts, each of which shall be considered an original but together shall
constitute one and the same instrument.

     Section 7.9 SOVEREIGN IMMUNITY WAIVER; ARBITRATION; SUBMISSION TO
JURISDICTION. This Agreement constitutes the dominion account agreement referred
to in Section 3.1(g) of the Consulting Contract. As such and without limiting
the scope of such Consulting Contract, the provisions of Article 12 of the
Consulting Contract apply to this Agreement and are hereby incorporated by
reference, including, without limitation, the limited sovereign immunity waiver,
limitations on recourse and arbitration and jurisdiction provisions contained
therein and the Resolution of Limited Waiver. This Agreement and the Project
Dominion Account will be governed by the internal laws of the State of Oklahoma
without giving effect to its conflict of laws principles and without limiting
the foregoing, the Oklahoma Uniform Commercial Code (as may be amended form time
to time) notwithstanding any provision therein or other applicable law that
would otherwise make such laws inapplicable to the Borrower. The parties hereto
may not change the law governing this Agreement and the Project Dominion Account
without express written consent of the Borrower, Agent and Lakes.

                                                                         Page 16

<PAGE>

     Section 7.10 AGREEMENTS CONTROL. In the event of inconsistency between the
Consulting Contract and this Agreement, this Agreement shall control.

         [THE REMAINDER OF THIS PAGE HAS BEEN INTENTIONALLY LEFT BLANK.]

                                                                         Page 17

<PAGE>

     IN WITNESS WHEREOF, the parties hereto have executed this Dominion Account
Agreement, in counterparts and under seal, as of the Effective Date.

                                        "BORROWER"

                                        IOWATRIBE OF OKLAHOMA
                                        A FEDERALLY-CHARTERED CORPORATION

                                        By: /s/ Phoebe O'Dell
                                            ------------------------------------
                                        Name: Phoebe O'Dell
                                              ----------------------------------
                                        Its: Chairperson
                                             -----------------------------------

                                        ATTEST:

                                        By: /s/ Eugene Big Soldier Jr
                                            ------------------------------------
                                        Name: Eugene Big Soldier Jr
                                              ----------------------------------
                                        Its: Tribal Secretary
                                             -----------------------------------

                                        LAKES IOWA CONSULTING, LLC

                                        By: /s/ Rob Wyre
                                            ------------------------------------
                                        Name: Rob Wyre
                                              ----------------------------------
                                        Its: Sr. V/P Operations
                                             -----------------------------------

                                        ATTEST:

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Its:
                                             -----------------------------------

Date of Joinder of Agent: __________, 200_

                                        "AGENT"

                                        [______________________________________]

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Its:
                                             -----------------------------------

                                        ADDRESS FOR NOTICES:

                                        ----------------------------------------

                                        ----------------------------------------

                                        ----------------------------------------

DOMINION AGREEMENT

<PAGE>

                                    EXHIBIT A

                        COLLECTING BANK JOINDER AGREEMENT

     THIS JOINDER AGREEMENT is dated as of __________, 200_ by
________________________________, a __________________________________
("Collecting Bank").

     WHEREAS, pursuant to Section 2.2 of that certain Dominion Account Agreement
(Consulting)(New Project) dated January 27, 2005 (as amended or otherwise
modified from time to time, the "Dominion Agreement") by and among Iowa Tribe of
Oklahoma, a federally-chartered corporation ("Borrower"), Lakes Iowa Consulting,
LLC ("Lakes") and ____________________________________ ("Agent"), the Collecting
Bank, must execute and deliver a Joinder Agreement in accordance with the
Agreement.

     NOW THEREFORE, as a further inducement to Lakes to continue to provide
credit accommodations, development and consulting services to the Borrower, the
Collecting Bank hereby covenants and agrees as follows:

     1.   All capitalized terms used herein shall have the meanings assigned to
          them in the Dominion Agreement unless expressly defined herein to the
          contrary.

     2.   The Collecting Bank hereby enters into this Joinder Agreement in order
          to comply with Section 2.2 of the Agreement and acknowledges receipt
          of a copy of the Dominion Agreement.

     3.   Collecting Bank will be from time to time receiving Project Revenues
          from the Borrower which shall be deposited into account No.
          ____________ maintained by the Borrower with the Collecting Bank (such
          account, together with any replacement thereof shall hereinafter be
          referred to as the "Collecting Bank Account").

     4.   The Collecting Bank acknowledges and agrees that it shall comply with
          and be bound by each of the terms and provisions of the Dominion
          Agreement as if originally a party thereto and all references set
          forth in the Dominion Agreement to "Project Dominion Account" shall be
          deemed to be references to the Collecting Bank Account and all
          references to the "Agent" shall be deemed to be references to the
          Collecting Bank; provided, however, that Collecting Bank hereby
          acknowledges and agrees that on each Business Day all collected
          Project Revenues and other collateral delivered to or received by it
          shall be transferred directly to the Agent in immediately available
          funds.

DOMINION AGREEMENT

<PAGE>

     5.   Without limiting the foregoing, Collecting Bank does hereby
          acknowledge and agree that Lakes is the holder of a prior perfected
          security interest in the Project Revenues notwithstanding their
          deposit into the Collection Bank Account or their other transfer to
          the Collecting Bank, and hereby waives any conflicting security
          interest or rights of set off in or to any of such Project Revenues
          and related Collateral.

     6.   This Joinder Agreement shall be governed by the laws of the State of
          Oklahoma and shall be binding upon the Collection Bank and its
          successors and assigns.

     IN WITNESS WHEREOF, the undersigned Collection Bank has executed and
delivered this Joinder Agreement as of the date set forth above.

                                                                           Bank
                                        ----------------------------------

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Its:
                                             -----------------------------------

DOMINION AGREEMENT

<PAGE>

                                    EXHIBIT B

                             COMPLIANCE CERTIFICATE

Dated ____________, 200_

     I, the Chief Financial Officer of Iowa Tribe of Oklahoma, a
federally-chartered corporation (the "Borrower"), do hereby provide this
Compliance Certificate in connection with that certain Dominion Account
Agreement (Consulting)(New Project) dated January 27, 2005 (the "Dominion
Agreement"), by and between the Borrower, Lakes, and __________________________
Bank (the "Bank"); capitalized terms used but not otherwise defined herein shall
have the meaning set forth in the Dominion Agreement.

     I certify that as of the date hereof:

     1)   All Gross Total Revenues arising from the operations of the Project
          from ________________, 200__ to ______________, 200__ have been
          deposited into the Project Dominion Account, Account No.
          __________________________________ with the Bank.

                                        IOWA TRIBE OF OKLAHOMA
                                        a federally-chartered corporation

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Its: Chief Financial Officer

DOMINION AGREEMENT<PAGE>
                                                                  Exhibit 10.136

                               SECURITY AGREEMENT

                    (LAKES CONSULTING - IOWA -- NEW PROJECT)

          This Security Agreement is made and entered into on January 27, 2005,
by and between the Iowa Tribe of Oklahoma, a federally-chartered corporation
(hereinafter referred to as "Iowa Corp" or "Debtor"), created pursuant to
Section 3 of the Oklahoma Indian Welfare Act of June 26, 1936 (49 Stat. 1967),
as issued on January 4, 1938 by the Secretary of the Interior and ratified on
February 5, 1938 located in Iowa Indian Country within the physical boarders of
the State of Oklahoma, with business offices located at RR 1, P.O. Box 721,
Perkins, Oklahoma 74059, the Iowa Tribe of Oklahoma ("Iowa Tribe"), a
federally-recognized tribe with a Constitution approved and ratified under the
Oklahoma Indian Welfare Act, and Lakes Iowa Consulting, LLC, a Minnesota limited
liability company (hereinafter referred to as "Lakes" or "Secured Party"), whose
business office is located at 130 Cheshire Lane, Minnetonka, Minnesota 55305.

                                    RECITALS

     WHEREAS, the Debtor is a federally-chartered corporation created pursuant
to Section 3 of the Oklahoma Indian Welfare Act of June 26, 1936 (49 Stat. 1967)
under a federal charter issued to the Iowa Tribe of Oklahoma, a federally
recognized tribe eligible for the special programs and services provided by the
United States to Indians because of their status as Indians and is recognized as
possessing powers of self-government.

     WHEREAS, the United States government holds lands in the State of Oklahoma
in trust for the benefit of the Iowa Tribe over which the Iowa Tribe possesses
sovereign governmental powers and the Iowa Tribe holds or intends to acquire
interests in lands which constitute "Indian lands" upon which the Iowa Tribe may
legally conduct gaming under applicable federal law.

     WHEREAS, Secured Party has entered into a Gaming Development Consulting
Agreement with Debtor and the Iowa Tribe dated January 27, 2005 (as heretofore
and hereafter amended, the "Consulting Contract"), pursuant to which Lakes is to
provide certain development, financing and consulting services to Debtor as more
specifically described therein.

     WHEREAS, pursuant to the Consulting Contract, Secured Party will, among
other things, advance funds to Debtor.

     WHEREAS, as a material inducement to Secured Party to enter into the
Consulting Contract, the Debtor and the Iowa Tribe has agreed to execute this
Security Agreement in favor of Secured Party and to grant a security interest to
Secured Party in all of its right, title and interest in the property described
herein.

                                    AGREEMENT

     NOW THERFORE, in consideration of the above recitals and the mutual
covenants hereinafter set forth, the parties hereto agree as follows:

     1. CREATION OF SECURITY INTEREST. The Debtor and the Iowa Tribe hereby
assign, pledge and grant to Secured Party, for and on behalf of Secured Party
itself and its Affiliates, a security

                                  Page 1 of 15

<PAGE>

interest in the Debtor's and the Iowa Tribe's right, title and interest in and
to the collateral described in Section 2 hereinbelow in each case whether now
owned or hereafter acquired by Debtor or the Iowa Tribe in order to secure the
payment and performance of the obligations of Debtor and the Iowa Tribe to
Secured Party described in Section 3 herein below. On the date of execution of
this Agreement, Debtor and the Iowa Tribe shall cause to be delivered to Secured
Party: (a) such financing statements and similar documents necessary to perfect
the security interest granted to Secured Party pursuant to this Agreement (the
"Financing Statements"), and (b) a legal opinion in form and substance
reasonably acceptable to Secured Party, opining as to the due authorization,
execution, delivery and enforceability of this Agreement and the Financing
Statements by Debtor, together with opinions as to Debtor's and the Iowa Tribe's
sovereign immunity waiver and non-contravention with laws and agreements.

     2. COLLATERAL. The Collateral under this Security Agreement includes all of
the following assets of the Debtor which are or are to be installed, attached,
and/or used upon or in connection with, relate to or arise from (including
without limitation the ownership and/or operation of) the Project, the Gaming
Facility Site and/or the Project Facilities, each whether now owned or hereafter
acquired (collectively all of the following property and similar or
after-acquired property under this Section 2 being hereinafter referred to as
the "Collateral").

          (a) any Furnishings and Equipment (as defined in the Consulting
Contract); and

each of the foregoing whether now owned or hereafter at any time acquired by
Debtor and wherever located, and includes all replacements, additions, parts,
appurtenances, accessions, substitutions, repairs, proceeds, products,
offspring, rents and profits, license rights and software attached or relating
thereto or therefrom, and all documents, records, ledger sheets and files of
Debtor relating thereto; together further with all proceeds of any such
Collateral, including, without limitation (i) whatever is now or hereafter
receivable or received by Debtor upon the sale, exchange, collection or other
disposition of any item of Collateral, whether voluntary or involuntary, whether
such proceeds constitute equipment, intangibles, or other assets; (ii) any such
items which are now or hereafter acquired by Debtor with any proceeds of
Collateral hereunder; (iii) all warehouse receipts, bills of lading and other
documents of title now or hereafter covering such goods; and (iii) any insurance
proceeds or any payments under any indemnity, warranty or guaranty now or
hereafter payable by reason of loss or damage or otherwise with respect to any
item of Collateral or any proceeds thereof.

          Capitalized terms used and not otherwise defined herein shall have the
meanings set forth in the Consulting Contract and each category of Collateral
that is defined under the UCC shall have the meanings set forth therein. As they
are used in this Agreement, the terms listed below shall have the following
meanings:

          "UCC" means the Uniform Commercial Code as the same may, from time to
time, be in effect in the State of Oklahoma.

     3. SECURED OBLIGATIONS OF DEBTOR AND THE IOWA TRIBE. The Collateral secures
and shall hereafter secure the following, whether now existing or hereafter
incurred: (i) all loans, compensation, fees, expenses and other amounts owing by
(a) Debtor and/or the Iowa Tribe to Secured Party or its Affiliates under or
with respect to the Iowa Corp Notes, the Consulting Contract,

                                  Page 2 of 15

<PAGE>

this Agreement, and each dominion account agreement, mortgage, or other document
or instrument in favor of Secured Party or its Affiliates (as such term is
defined in the Consulting Contract)and related thereto or hereto (collectively,
the "Transaction Documents"), and (b) the Iowa Tribe to Secured Party or its
Affiliates under or with respect to the Tribal Agreement or any other document
or agreement executed in favor of Secured Party or its Affiliates by the Iowa
Tribe in connection with the Project, each of the foregoing, whether now
existing or hereafter incurred or arising, (ii) any and all sums advanced by
Secured Party in order to preserve the Collateral or preserve Secured Party's
security interest in the Collateral (or the priority thereof) and (iii) the
expenses of retaking, holding, preparing for sale or lease, selling or otherwise
disposing of or realizing on the Collateral, of any proceeding for the
collection or enforcement of any indebtedness, obligations or liabilities of
Debtor or the Iowa Tribe referred to above, or of any exercise by Secured Party
of its rights hereunder, together with reasonable attorneys' fees and
disbursements and court costs (collectively, the "Secured Obligations");
PROVIDED HOWEVER, Secured Party agrees to terminate this Security Agreement upon
request if Debtor has satisfied the following conditions: (a) all Secured
Obligations have been repaid in full to Secured Party and Secured Party has no
further obligation, if any, to make advances under the Consulting Contract with
respect thereto, and (b) the Consulting Contract has been terminated in
accordance with its terms.

          All payments and performance by Debtor and the Iowa Tribe with respect
to any Secured Obligations shall be in accordance with the terms under which
said indebtedness, obligations and liabilities were or are hereafter incurred or
created.

     4. REPRESENTATIONS AND WARRANTIES OF DEBTOR AND THE IOWA TRIBE. The Debtor
and the Iowa Tribe represent and warrant that:

          (a) the Debtor and the Iowa Tribe are (or, to the extent that the
Collateral is acquired after the date hereof, will be) the sole legal and
beneficial owner of its respective Collateral and has exclusive possession and
control thereof; there are no security interests in, liens, charges or
encumbrances on, or adverse claims of title to, or any other interest whatsoever
in, such Collateral or any portion thereof except such liens permitted by and
subject to the terms of Section 9.2 of the Consulting Contract and that are
created by this Security Agreement ("Permitted Liens"); and that no financing
statement, notice of lien, mortgage, deed of trust or instrument similar in
effect covering the Collateral or any portion thereof or any proceeds thereof
("Lien Notice") exists or is on file in any public office, except as relates to
Permitted Liens and except as may have been filed in favor of Secured Party
relating to this Security Agreement or related agreements, or for which duly
executed termination statements have been delivered to Secured Party for filing;

          (b) the Debtor and the Iowa Tribe have full right, power and authority
to execute, deliver and perform this Security Agreement. This Security Agreement
constitutes a legally valid and binding obligation of the Debtor and the Iowa
Tribe, enforceable against each in accordance with its terms subject to any
limitations set forth in the Resolution of Limited Waiver dated January 27, 2005
of each related to and approving the Transaction Documents (the "Resolution of
Limited Waiver"). Subject to the completion of the items identified in Section
4(c) below, the provisions of this Security Agreement are effective to create in
favor of Secured Party a valid and enforceable first, prior and perfected
security interest in the Collateral;

                                  Page 3 of 15

<PAGE>

          (c) except for the filing or recording of the financing statements and
fixture filings that are to be filed in connection with this Security Agreement,
no authorization, approval or other action by, no notice to or registration or
filing with, any person or entity, including without limitation, any stockholder
or creditor of Debtor or the Iowa Tribe or any governmental authority or
regulatory body is required, except as may be agreed to by Debtor or the Iowa
Tribe and Secured Party: (i) for the grant by the Debtor and the Iowa Tribe of
the security interest in the Collateral pursuant to this Security Agreement or
for the execution, delivery or performance of this Security Agreement by the
Debtor and the Iowa Tribe, (ii) for the perfection or maintenance of such
security interest created hereby, including the first priority nature of such
security interest, or the exercise by Secured Party of the rights and remedies
provided for in this Security Agreement (other than any required governmental
consent or filing with respect to any patents, trademarks, copyrights,
governmental claims, tax refunds, licenses or permits and the exercise of
remedies requiring prior court approval), or (iii) for the enforceability of
such security interest against third parties, including, without limitation,
judgment lien creditors;

          (d) Debtor and the Iowa Tribe do not do business, and for the previous
five years has not done business, under any fictitious business names or trade
names;

          (e) the Collateral has not been and will not be used or bought by
Debtor or the Iowa Tribe for personal, family or household purposes;

          (f) the Debtor's chief executive office is located at the address
referenced as the first page of this Agreement, Debtor has no places of business
other than such address and the locations described on Exhibit A attached hereto
and the Collateral is now and will at all times hereafter be located at such
premises or as Debtor may otherwise notify Secured Party in writing;

          (g) Intentionally omitted;

          (h) Debtor has not purchased any Collateral, other than for cash,
within twenty-one (21) days prior to the date hereof;

          (i) all originals of all promissory notes, other instruments or
chattel paper which evidence Collateral (other than checks received by Debtor in
the ordinary course of business) have been delivered to Secured Party (with all
necessary or appropriate endorsements); and

          (j) none of the execution, delivery and performance of this Security
Agreement by Debtor or the Iowa Tribe, the consummation of the transactions
herein contemplated, the fulfillment of the terms hereof or the exercise by
Secured Party of any rights or remedies hereunder will constitute or result in a
breach of any of the terms or provisions of, or constitute a default under, or
constitute an event which with notice or lapse of time or both will result in a
breach of or constitute a default under, any agreement, indenture, mortgage,
deed of trust, equipment lease, instrument or other document to which Debtor or
the Iowa Tribe is a party, conflict with or require approval, authorization,
notice or consent under any law, order, rule, regulation, license or permit
applicable to Debtor or the Iowa Tribe of any court or any federal or state
government, regulatory body or administrative agency, or any other governmental
body having jurisdiction over Debtor or the Iowa Tribe or their properties, or
require notice, consent, approval or authorization by or

                                  Page 4 of 15

<PAGE>

registration or filing with any person or entity (including, without limitation,
any stockholder or creditor of Debtor) other than any notices to Debtor or the
Iowa Tribe from Secured Party required hereunder except as may be agreed to by
Debtor or the Iowa Tribe and Secured Party. Except for the Permitted Liens, none
of the Collateral is subject to any agreement, indenture, mortgage, deed of
trust, equipment lease, instrument or other document to which Debtor or the Iowa
Tribe is a party that may restrict or inhibit Secured Party's rights or ability
to sell or dispose of the Collateral or any part thereof after the occurrence of
an Event of Default (as defined herein).

     5. COVENANTS OF DEBTOR AND THE IOWA TRIBE. The Debtor and the Iowa Tribe
covenant and agree that:

          (a) Debtor will not move or permit to be moved the Collateral or any
portion thereof to any location other than that set forth in Section 4(f) hereof
or locations established in compliance with Section 5(b) hereof without the
prior written consent of the Secured Party and the prior filing of a financing
statement with the proper office and in the proper form to perfect or continue
the perfection (without loss of priority) of the security interests created
herein, which filing shall be satisfactory in form, substance and location to
Secured Party prior to such filing;

          (b) Debtor will not voluntarily or involuntarily change its name,
identity, corporate structure, or location of its chief executive office or any
of its other places of business, unless in any such case: (i) Debtor shall have
first received the prior written consent of Secured Party, (ii) Debtor shall
have executed and caused to be filed financing statements with the proper
offices and in the proper form to perfect or continue the perfection (without
loss of priority) of the security interests created herein, which filing shall
be satisfactory in form, substance and location to Secured Party prior to such
filing, and (iii) Debtor shall have delivered to Secured Party any other
documents required by Secured Party in a form and substance satisfactory to
Secured Party;

          (c) Intentionally Omitted;

          (d) Debtor and the Iowa Tribe will promptly, and in no event later
than 21 days after a request by Secured Party, procure or execute and deliver
all further instruments and documents (including, without limitation, notices,
legal opinions, financing statements, mortgagee waivers, landlord disclaimers
and subordination agreements) necessary or appropriate to and take any other
actions which are necessary or, in the judgment of Secured Party, desirable or
appropriate to perfect or to continue the perfection, priority and
enforceability of Secured Party's security interests in the Collateral, to
enable Secured Party to exercise and enforce its rights and remedies hereunder
with respect to any Collateral, to protect the Collateral against the rights,
claims or interests of third persons, or to effect or to assure further the
purposes and provisions of this Security Agreement, and will pay all reasonable
costs incurred in connection therewith. Without limiting the generality of the
foregoing, Debtor will: (i) mark conspicuously each item of chattel paper and
each other contract included in the Collateral with a legend, in form and
substance satisfactory to Secured Party, indicating that such chattel paper and
other contracts are subject to the security interests granted hereby; (ii)
execute and file such financing or continuation statements, or amendments
thereto, and such other instruments or notices as may be necessary or desirable,
which Secured Party may reasonably request in order to perfect and preserve the
perfection and priority of the security interests granted or purported to be
granted hereby; (iii) if any Collateral shall be evidenced by a

                                  Page 5 of 15

<PAGE>

promissory note or other instrument or chattel paper (other than checks received
by any Debtor in the ordinary course of business), deliver and pledge to Secured
Party such note or instrument or chattel paper duly endorsed and accompanied by
duly executed instruments of transfer or assignment, all in form and substance
reasonably satisfactory to Secured Party; (iv) if any Collateral is at any time
in the possession or control of any warehouseman, bailee, consignee or any of
Debtor's agents or processors, Debtor shall notify such warehouseman, bailee,
consignee, agent or processor of the security interests created or purported to
be created hereby, shall cause such warehouseman, bailee, consignee, agent or
processor to execute any financing statements or other documents which Secured
Party may request, and, upon the request of Secured Party after the occurrence
and during the continuation of an Event of Default, shall instruct such person
to hold all such Collateral for Secured Party's account subject to Secured
Party's instructions; (v) deliver and pledge to Secured Party all securities and
instruments (other than checks received by Debtor in the ordinary course of
business) constituting Collateral duly endorsed and accompanied by duly executed
instruments of transfer or assignments, all in form and substance satisfactory
to Secured Party; and (vi) at the request of Secured Party, deliver to Secured
Party any and all certificates of title, applications for title or similar
evidence of ownership of all Collateral and shall cause Secured Party to be
named as lienholder on any such certificate of title or other evidence of
ownership;

          (e) without the prior written consent of Secured Party, Debtor and the
Iowa Tribe will not in any way encumber, or hypothecate, or create or permit to
exist, any lien, security interest, charge or encumbrance or adverse claim upon
or other interest in the Collateral, except for liens permitted by and subject
to the terms of Section 9.2 of the Consulting Contract ("Permitted Liens"), and
the Debtor and the Iowa Tribe will defend the Collateral against all claims and
demands of all persons at any time claiming the same or any interest therein,
except as expressly provided herein. Debtor and the Iowa Tribe will not permit
any Lien Notices to exist or be on file in any public office with respect to all
or any portion of the Collateral except, in each case, for Lien Notices of
holders of Permitted Liens or except as may have been filed by or for the
benefit of Secured Party relating to this Security Agreement or related
agreements. Debtor and the Iowa Tribe shall promptly notify Secured Party of any
attachment or other legal process levied against any of the Collateral and any
information received by any Debtor or the Iowa Tribe relative to the Collateral,
which may in any material way affect the value of the Collateral or the rights
and remedies of Secured Party in respect thereto;

          (f) without the prior written consent of Secured Party, Debtor or the
Iowa Tribe will not sell, transfer, assign (by operation of law or otherwise),
exchange or otherwise dispose of all or any portion of the Collateral or any
interest therein, except that the Debtor or the Iowa Tribe may sell worn-out or
obsolete equipment provided that the proceeds thereof are applied to the Secured
Obligations or used to purchase new collateral of equal or greater value and the
Secured Party shall be granted a first priority security interest therein. If
the proceeds of any such prohibited sale are notes, instruments, documents of
title, letters of credit or chattel paper, such proceeds shall be promptly
delivered to Secured Party to be held as Collateral hereunder (with all
necessary or appropriate endorsements). If the Collateral, or any part thereof
or interest therein, is sold, transferred, assigned, exchanged, or otherwise
disposed of in violation of these provisions, the security interest of Secured
Party shall continue in such Collateral or part thereof notwithstanding such
sale, transfer, assignment, exchange or other disposition, and Debtor and the
Iowa Tribe will

                                  Page 6 of 15

<PAGE>

hold the proceeds thereof in a separate account for Secured Party's benefit.
Debtor or the Iowa Tribe will, at Secured Party's request, transfer such
proceeds to Secured Party in kind;

          (g) Secured Party is hereby authorized to file one or more financing
statements or fixture filings, and continuations thereof and amendments thereto,
relative to all or any part of the Collateral, without the signature of Debtor
or the Iowa Tribe where permitted by law;

          (h) Except as expressly permitted by the Consulting Contract, Debtor
and the Iowa Tribe will not enter into any indenture, mortgage, deed of trust,
contract, undertaking, document, instrument or other agreement, except for the
Consulting Contract and any documents, instruments or agreements related thereto
or issue any securities which may materially restrict or inhibit Secured Party's
rights or ability to sell or otherwise dispose of the Collateral or any part
thereof after the occurrence of an Event of Default;

          (i) The Debtor shall cause to be maintained insurance on the Project
and related assets with such coverages and in such amounts as are reasonably
satisfactory to Secured Party, including without limitation, loss of business
income coverage, and naming Secured Party as an additional insured, lender loss
payee and mortgagee, if applicable. Upon request, the Debtor shall provide to
the Secured Party certificates of insurance or copies of insurance policies
evidencing that such insurance is in effect at all times;

          (j) Except as expressly permitted by the Consulting Contract, the
Debtor and the Iowa Tribe will pay and discharge all taxes, assessments and
governmental charges or levies against the Collateral prior to delinquency
thereof and will keep the Collateral free of all unpaid claims and charges
(including claims for labor, materials and supplies) whatsoever;

          (k) Debtor and the Iowa Tribe will keep and maintain the Collateral in
good condition, working order and repair and from time to time will make or
cause to be made all repairs, replacements and other improvements in connection
therewith that are necessary or desirable toward such end. Debtor and the Iowa
Tribe will not misuse or abuse the Collateral, or waste or allow it to
deteriorate except for the ordinary wear and tear of its normal and expected use
in Debtor's business in accordance with Debtor's policies as then in effect
(provided that no changes are made to Debtor's policies as in effect on the date
hereof that would be materially adverse to the interests of the Secured Party),
and will comply with all laws, statutes and regulations pertaining to the use or
ownership of the Collateral. Debtor or the Iowa Tribe will promptly notify
Secured Party regarding any material loss or damage to any material Collateral
or portion thereof;

          (l) The Debtor will take all actions consistent with reasonable
business judgment or, upon the occurrence of an Event of Default, directed by
Secured Party in Secured Party's sole and absolute discretion, to create,
preserve and enforce any liens or guaranties available to secure or guarantee
payments due Debtor under any contracts or other agreements with third parties
which constitute Collateral, will not voluntarily permit any such payments to
become more than thirty (30) days delinquent and will in a timely manner record
and assign to Secured Party, to the extent and at the earliest time permitted by
law, any such liens and rights to under such guaranties;

                                  Page 7 of 15

<PAGE>

          (m) Intentionally omitted;

          (n) Intentionally omitted;

          (o) Secured Party shall have during normal business hours, with
reasonable notice, the right to enter into and upon any premises where any of
the Collateral or records with respect thereto are located for the purpose of
inspecting the same, performing any audit, making copies of records, observing
the use of any part of the Collateral, or otherwise protecting its security
interest in the Collateral;

          (p) Secured Party shall have the right at any time, but shall not be
obligated, to make any payments and do any other acts Secured Party may deem
necessary or desirable to protect its security interest in the Collateral,
including, without limitation, that after the occurrence of an Event of Default
the right to pay, purchase, contest or compromise any encumbrance, charge or
lien (including any Permitted Liens) applicable or purported to be applicable to
any Collateral hereunder, and whether prior to or after the occurrence of any
Event of Default, appear in and defend any action or proceeding purporting to
affect its security interest in and/or the value of any Collateral, and in
exercising any such powers or authority, the right to pay all expenses incurred
in connection therewith, including attorneys' fees. Debtor and the Iowa Tribe
hereby agree that each shall be bound by any such payment made or incurred or
act taken by Secured Party hereunder and shall reimburse Secured Party for all
reasonable payments made and expenses incurred under this Security Agreement,
which amounts shall be secured under this Security Agreement. Secured Party
shall have no obligation to make any of the foregoing payments or perform any of
the foregoing acts;

          (q) if Debtor shall become entitled to receive or shall receive any
certificate, instrument, option or rights, whether as an addition to, in
substitution of, or in exchange for any or all of the Collateral or any part
thereof, or otherwise, Debtor shall accept any such instruments as Secured
Party's agent, shall hold them in trust for Secured Party, and shall deliver
them forthwith to Secured Party in the exact form received, with Debtor's
endorsement when necessary or appropriate, or accompanied by duly executed
instruments of transfer or assignment in blank or, if requested by Secured
Party, an additional pledge agreement or security agreement executed and
delivered by Debtor, all in form and substance satisfactory to Secured Party, to
be held by Secured Party, subject to the terms hereof, as additional Collateral
to secure the obligations hereunder;

          (r) Secured Party is hereby authorized to pay all reasonable costs and
expenses incurred in the exercise or enforcement of its rights hereunder,
including attorneys' fees, and to apply any Collateral or proceeds thereof
against such amounts, and then to credit or use any further proceeds of the
Collateral in accordance herewith; provided however that if the Debtor is the
prevailing party in any action or proceeding seeking enforcement of this
Agreement, then the Debtor shall not be and Secured Party shall be responsible
for such related costs and expenses; and

          (s) Secured Party may take any actions permitted hereunder or in
connection with the Collateral by or through agents or employees and shall be
entitled to retain counsel and to act in reliance upon the advice of counsel
concerning all such matters.

                                  Page 8 of 15

<PAGE>

     6. DEFAULTS AND REMEDIES

     6.1 EVENTS OF DEFAULT. Each of the following occurrences shall constitute
an Event of Default:

          (a) Any material representation or warranty made by or on behalf of
the Debtor or the Iowa Tribe herein or in any report, certificate or other
document furnished by or on behalf of the Debtor or the Iowa Tribe pursuant to
this Agreement shall prove to be false or misleading in any material respect
when made or at any time shall fail to be true and correct in all material
respects.

          (b) The Debtor or the Iowa Tribe shall default in the due observance
or performance of any of its material obligations hereunder and such default
shall continue for thirty (30) days (unless a shorter or longer cure period is
provided under the terms of this Agreement) after written notice thereof has
been sent to the Debtor or the Iowa Tribe by Secured Party; provided, however,
that if the nature of such default (but specifically excluding defaults curable
by the payment of money) is such that it is not possible to cure such breach
within thirty (30) days, such 30-day period shall be extended for so long as the
Debtor or the Iowa Tribe shall be using diligent efforts to effect a cure
thereof but no more than an additional sixty (60) days.

          (c) A Material Breach (as defined in the Consulting Contract) or an
"Event of Default" (as defined in any other Transaction Document) shall occur.

     6.2 REMEDIES. Upon the occurrence and continuation of an Event of Default
hereunder, the Debtor and the Iowa Tribe expressly covenant and agree that
Secured Party may, at its option, in addition to other rights and remedies
provided herein or otherwise available to it, without notice to or demand upon
Debtor or the Iowa Tribe(except as otherwise required herein), exercise any one
or more of the rights as set forth as follows:

          (a) declare all Secured Obligations to be immediately due and payable,
whereupon all Secured Obligations shall become and be immediately due and
payable;

          (b) if the Consulting Contract is terminated and either (i) the Gaming
Facility has not opened for business to the general public, or (ii) the Debtor
does not or at any time fails to continue operations of Class II Gaming and/or
Class III Gaming at the Project's Gaming Facility or any material portion of the
Project Facilities, Secured Party may immediately take possession of any of the
Collateral wherever it may be found or require the Debtor to assemble the
Collateral or any part thereof and make it available at one or more places as
Secured Party may designate, and to deliver possession of the Collateral or any
part thereof to Secured Party, who shall have full right to enter upon any or
all of Debtor's or the Iowa Tribe's places of business, premises and property to
exercise Secured Party's rights hereunder; and without notice (except as
specified below), sell the Collateral or any part thereof in one or more parcels
at one or more public or private sales, at any of Secured Party's offices or
elsewhere, at such time or times, for cash, on credit or for future delivery,
and at such price or prices and upon such other terms as shall be commercially
reasonable. The Debtor and the Iowa Tribe acknowledge and agree that, to the
extent notice of sale shall be required by law, at least ten (10) days written
notice to Debtor or the Iowa Tribe of the time and place of any public sale or
of the date on or after which any private sale is to be made shall

                                  Page 9 of 15

<PAGE>

constitute reasonable notification. Any public sale shall be held at such time
or times during ordinary business hours and at such place or places as Secured
Party may fix in the notice of such sale. Notwithstanding the foregoing, Secured
Party shall not be obligated to make any sale of Collateral regardless of notice
of sale having been given. Secured Party may, without notice or publication,
adjourn any public or private sale, or cause the same to be adjourned from time
to time by announcement at the time and place fixed for sale or, with respect to
a private sale, after which such sale may take place, and any such sale may,
without further notice, be made at the time and place to which it was so
adjourned or, with respect to a private sale, after which such sale may take
place. Each purchaser at any such sale shall hold the property sold free from
any claim or right on the part of Debtor or the Iowa Tribe, and the Debtor and
the Iowa Tribe hereby waive, to the full extent permitted by law, all rights of
stay and/or appraisal which Debtor or the Iowa Tribe now has or may at any time
in the future have under any rule of law or statute now existing or hereafter
enacted. The Debtor and the Iowa Tribe also hereby waive any claims against
Secured Party arising by reason of the fact that the price at which any
Collateral may have been sold at a private sale was less than the price which
might have been obtained at a public sale, even if Secured Party accepts the
first offer received and does not offer such Collateral to more than one
offeree. The parties hereto agree that the notice provisions, method, manner and
terms of any sale, transfer or disposition of any Collateral in compliance with
the terms set forth herein or any other provision of this Security Agreement are
commercially reasonable;

          (c) exercise any or all of the rights and remedies provided for by the
Oklahoma Uniform Commercial Code, applicable law or by other agreement,
specifically including, without limitation, the right to recover the attorneys
fees and other expenses incurred by Secured Party in the enforcement of this
Security Agreement or in connection with the Debtor's redemption of the
Collateral; provided however that if the Debtor or the Iowa Tribe is the
prevailing party in any action or proceeding seeking enforcement of this
Agreement, then the Debtor or the Iowa Tribe shall not be and Secured Party
shall be responsible for such related costs and expenses. Secured Party may
exercise its rights under this Security Agreement independently of any other
collateral or guaranty that Debtor or the Iowa Tribe may have granted or
provided to Secured Party in order to secure payment and performance of the
Secured Obligations, and Secured Party shall be under no obligation or duty to
foreclose or levy upon any other collateral given by Debtor or the Iowa Tribe to
secure any Secured Obligation or to proceed against any guarantor before
enforcing its rights under this Security Agreement. The Debtor or the Iowa Tribe
shall reimburse Secured Party upon demand for, or Secured Party may apply any
proceeds of Collateral to, the reasonable costs and expenses (including
attorneys' fees, transfer taxes and any other charges) incurred by Secured Party
in connection with any sale, disposition, repair, replacement, alteration,
addition, improvement or retention of any Collateral hereunder; provided however
that if the Debtor or the Iowa Tribe is the prevailing party in any action or
proceeding seeking enforcement of this Agreement, then the Debtor or the Iowa
Tribe shall not be and Secured Party shall be responsible for such related costs
and expenses;

          (d) the powers conferred on the Secured Party by this Section 6.2 and
otherwise in this Agreement are solely to protect the Secured Party's interests
in the Collateral and shall not impose any duty upon it to exercise any such
powers. The Secured Party shall be accountable only for amounts that it actually
receives as a result of the exercise of such powers, and

                                  Page 10 of 15

<PAGE>

neither the Secured Party nor any of their officers, directors, trustees,
employees, representatives or agents shall, in the absence of willful misconduct
or gross negligence, be responsible to the Debtor for any act or failure to act
pursuant to this Section 6.2 or otherwise pursuant to this Agreement; and

          (e) the Secured Party's sole duty with respect to the custody,
safekeeping and preservation of the Collateral, under Section 9-207 of the Code
or otherwise, shall be to deal with it in the same manner as the Secured Party
deals with similar property for their own account. Neither the Secured Party nor
any of their directors, officers, trustees, employees, representatives, or
agents shall be liable for failure to demand, collect or realize upon all or any
part of the Collateral or for any delay in doing so or shall be under any
obligation to sell or otherwise dispose of any Collateral upon the request of
the Debtor or otherwise.

     7. MISCELLANEOUS PROVISIONS

          (a) Notices. All notices, requests, approvals, consents and other
communications required or permitted to be made hereunder shall, except as
otherwise provided, be in writing and may be delivered personally or sent by
telegram, telecopy, facsimile, telex, first class mail or overnight courier,
postage prepaid, to the parties addressed as follows:

If to Debtor:           Iowa Tribe of Oklahoma
                        a federally-chartered corporation
                        RR 1, P.O. Box 721
                        Perkins, OK 74059
                        Attention: Chairman

     With a copy to:    David McCullough
                        Doerner, Saunders, Daniel & Anderson, L.L.P.
                        211 N. Robinson Ave. Suite 501
                        Oklahoma City, OK 73102-7112

If to the Iowa Tribe:   Iowa Tribe of Oklahoma
                        a federally recognized Indian tribe
                        RR 1, P.O. Box 721
                        Perkins, OK 74059
                        Attention: Chairman

     With a copy to:    David McCullough
                        Doerner, Saunders, Daniel & Anderson, L.L.P.
                        211 N. Robinson Ave. Suite 501
                        Oklahoma City, OK 73102-7112

If to Secured Party:    Lakes Iowa Consulting, LLC
                        130 Cheshire Lane
                        Minnetonka, MN
                        Attention: Timothy J. Cope

                                  Page 11 of 15

<PAGE>

     With a copy to:    Kevin C. Quigley, Esq.
                        Hamilton Quigley Twait & Foley PLC
                        W1450 First National Bank Building
                        332 Minnesota Street
                        St. Paul, MN 55101-1314

          and           Brian J. Klein, Esq.
                        Maslon, Edelman, Borman & Brand, LLP
                        3300 Wells Fargo Center
                        90 South Seventh Street
                        Minneapolis, MN 55402-4140

Such notices, requests and other communications sent as provided hereinabove
shall be effective when received by the addressee thereof, unless sent by
registered or certified mail, postage prepaid, in which case they shall be
effective exactly three (3) business days after being deposited in the United
States mail. The parties hereto may change their addresses by giving notice
thereof to the other parties hereto in conformity with this section.

          (b) Headings. The various headings in this Security Agreement are
inserted for convenience only and shall not affect the meaning or interpretation
of this Security Agreement or any provision hereof.

          (c) Amendments. This Security Agreement or any provision hereof may be
changed, waived, or terminated only by a statement in writing signed by the
party against which such change, waiver or termination is sought to be enforced,
and then any such waiver or consent shall be effective only in the specific
instance and for the specific purpose for which given.

          (d) No Waiver. No failure on the part of Secured Party to exercise,
and no delay in exercising, and no course of dealing with respect to, any power,
privilege or right under this Security Agreement or any related agreement shall
operate as a waiver thereof nor shall any single or partial exercise by Secured
Party of any power, privilege or right under this Security Agreement or any
related agreement preclude any other or further exercise thereof or the exercise
of any other power, privilege or right. The powers, privileges and rights in
this Security Agreement are cumulative and are not exclusive of any other
remedies provided by law. No waiver by Secured Party of any default hereunder
shall be effective unless in writing, nor shall any waiver operate as a waiver
of any other default or of the same default on a future occasion.

          (e) Binding Agreement. All rights of Secured Party hereunder shall
inure to the benefit of its successors and assigns. Subject to the terms of the
Consulting Contract, neither Debtor nor the Iowa Tribe shall assign any of its
interest under this Security Agreement without the prior written consent of
Secured Party. Any purported assignment inconsistent with this provision shall,
at the option of Secured Party, be null and void.

          (f) Entire Agreement. This Security Agreement, together with any other
agreement executed in connection herewith, is intended by the parties as a final
expression of their

                                  Page 12 of 15

<PAGE>

agreement and is intended as a complete and exclusive statement of the terms and
conditions thereof. Acceptance of or acquiescence in a course of performance
rendered under this Security Agreement shall not be relevant to determine the
meaning of this Security Agreement even though the accepting or acquiescing
party had knowledge of the nature of the performance and opportunity for
objection.

          (g) Severability. If any provision or obligation of this Security
Agreement should be found to be invalid, illegal, or unenforceable in any
jurisdiction, the validity, legality and enforceability of the remaining
provisions and obligations or any other agreement executed in connection
herewith, or of such provision or obligation in any other jurisdiction, shall
not in any way be affected or impaired thereby and shall nonetheless remain in
full force and effect to the maximum extent permitted by law.

          (h) Survival of Provisions. All representations, warranties and
covenants of Debtor and the Iowa Tribe contained herein shall survive the
execution and delivery of this Security Agreement, and shall terminate only upon
the termination of this Security Agreement pursuant to Subsection 7(k) hereof.

          (i) Power of Attorney. The Debtor and the Iowa Tribe hereby
irrevocably appoint Secured Party its attorney-in-fact, which appointment is
coupled with an interest, with full authority in the place and stead of Debtor
and the Iowa Tribe and in the name of each, Secured Party or otherwise, from
time to time in Secured Party's discretion (a) to execute and file financing and
continuation statements (and amendments thereto and modifications thereof) on
behalf and in the name of the Debtor or the Iowa Tribe with respect to the
security interests granted or purported to be granted hereby, (b) to take any
action and to execute any instrument which Secured Party may deem necessary or
advisable to exercise its rights under Section 5(p) hereunder, and (c) upon the
occurrence and during the continuance of an Event of Default, to take any action
and to execute any instrument which Secured Party may deem necessary or
advisable to accomplish the purposes of this Security Agreement, including,
without limitation:

               (i) to obtain and adjust insurance required to be paid to Secured
Party pursuant hereto;

               (ii) to ask, demand, collect, sue for, recover, compound, receive
and give acquittance and receipts for moneys due and to become due under or in
respect of any of the Collateral;

               (iii) to receive, endorse and collect any drafts or other
instruments, documents and chattel paper, in connection with clauses (i) and
(ii) above;

               (iv) to sell, convey or otherwise transfer any item of Collateral
to any purchaser thereof; and

               (v) to file any claims or take any action or institute any
proceedings which Secured Party may deem necessary or desirable for the
collection of any of the Collateral or otherwise to enforce the rights of
Secured Party with respect to any of the Collateral.

          (j) Counterparts. This Security Agreement and any amendments, waivers,

                                  Page 13 of 15

<PAGE>

consents or supplements may be executed in any number of counterparts and by
facsimile, each of which when so executed and delivered shall be deemed an
original, but all of which shall together constitute one and the same agreement.

          (k) Termination of Agreement. Unless earlier terminated pursuant to
Section 3 hereof, this Security Agreement and the security interest hereunder
shall not terminate until full and final payment and performance of all
indebtedness and obligations secured hereunder. At such time, Secured Party
shall reassign and redeliver to Debtor or the Iowa Tribe all of the Collateral
hereunder which has not been sold, disposed of, retained or applied by Secured
Party in accordance with the terms hereof, and execute and deliver to Debtor or
the Iowa Tribe such documents as each may reasonably request to evidence such
termination. Such reassignment and redelivery shall be without warranty by or
recourse to Secured Party, and shall be at the expense of Debtor or the Iowa
Tribe; provided, however, that this Security Agreement (including all
representations, warranties and covenants contained herein) shall continue to be
effective or be reinstated, as the case may be, if at any time any amount
received by Secured Party in respect of the indebtedness and obligations secured
hereunder is rescinded or must otherwise be restored or returned by Secured
Party upon or in connection with the insolvency, bankruptcy, dissolution,
liquidation or reorganization of Debtor or the Iowa Tribe or any other person or
upon or in connection with the appointment of any intervenor or conservator of,
or trustee or similar official for, Debtor, the Iowa Tribe or any other person
or any substantial part of its assets, or otherwise, all as though such payments
had not been made.

          (l) Sovereign Immunity Waiver; Arbitration; Submission to
Jurisdiction. This Agreement constitutes the security agreement referred to in
the Consulting Contract. As such and without limiting the scope of such
agreements, the provisions of Article 12 of the Consulting Contract apply to
this Agreement and are hereby incorporated by reference, including, without
limitation, the limited sovereign immunity waiver, limitations on recourse and
arbitration provisions contained therein and the Resolution of Limited Waiver.
This Agreement will be governed by the internal laws of the State of Oklahoma
without giving effect to its conflict of laws principles. The parties hereto may
not change the law governing this Agreement without express written consent of
the Debtor and Secured Party.

         [THE REMAINDER OF THIS PAGE HAS BEEN INTENTIONALLY LEFT BLANK.]

                                  Page 14 of 15

<PAGE>

          IN WITNESS WHEREOF, the parties hereto have caused this Security
Agreement to be duly executed and delivered under seal by their respective
undersigned duly authorized officers as of the date first above written.

                                        DEBTOR:

                                        IOWA TRIBE OF OKLAHOMA
                                        A federally-chartered corporation

ATTEST:

By: /s/ Eugene Big Soldier Jr           By: /s/ Phoebe O'Dell
    ---------------------------------       ------------------------------------
Name: Eugene Big Soldier Jr             Name: Phoebe O'Dell
      -------------------------------         ----------------------------------
Its: Tribal Secretary                   Title: Chairperson
     --------------------------------          ---------------------------------

                                        IOWA TRIBE OF OKLAHOMA
                                        a federally recognized Indian tribe

ATTEST:

By: /s/ Eugene Big Soldier Jr           By: /s/ Phoebe O'Dell
    ---------------------------------       ------------------------------------
Name: Eugene Big Soldier Jr             Name: Phoebe O'Dell
      -------------------------------         ----------------------------------
Its: Tribal Secretary                   Title: Chairperson
     --------------------------------          ---------------------------------

                                        SECURED PARTY:

                                        LAKES IOWA CONSULTING, LLC

ATTEST:

By: /s/ Rob Wyre                        By: /s/ Timothy Cope
    ---------------------------------       ------------------------------------
Name: Rob Wyre                          Name: Timothy J. Cope
      -------------------------------
Its: SR. V/P OPS                        Title: President and Chief Financial
     --------------------------------          Officer

                                    EXHIBIT A
                                       TO

<PAGE>

                               SECURITY AGREEMENT
                           (IOWA COLLATERAL LOCATIONS)

1. NEAR INTERSECTION OF STATE HIGHWAY 177 & U.S. HIGHWAY 66 WELLSTON, OKLAHOMA

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