The slot machines with higher denominations will pay back more money. If you play a $5 slot it will pay back more than a dollar slot, therefore a dollar slot machine will pay back more than a quarter machine.
In addition to Mortgage Tax, there is a $5.00 certification fee that must be paid to the treasurer before a mortgage can be filed. Note: If you are filing a modification of mortgage and no additional mortgage tax is due, you do not need to pay the $5.00 certification fee.
If the Request is submitted in conjunction with a mortgage paid off by an ITG Participant in connection with an Iowa Title Guaranty Rapid Certificate file, the fee is waived and it is not necessary to submit the Application for Mortgage Release Certificate.