| FADE TO BLACK - V1 | 4:15 | LM-7 / HNWB |
| FADE TO BLACK - V2 | 0.50 | LM-7 |
| FADE TO BLACK - V3 | 0:45 | LM-10 |
| FADE TO BLACK - V4 | 3:01 | FFOD / HNWB |
| FADE TO BLACK - V5 | 2:57 | FFOD / HNWB |
| FADE TO BLACK - V6 | uncirculating |
Note: V1–V5 are all acoustic demos recorded at Springsteen's home in Colts Neck, New Jersey. V1 is an early demo with basic lyrics while V2 is merely harmonies, both were probably recorded in late June 1981. V3 (which consists of the title repeated over a basic melody) was possibly recorded later in the year. The Lost Masters artwork claims that the contents of 'Lost Masters X' were recorded in early 1983, but this is doubtful, given that the likes of "Glory Days" and "Wages Of Sin" were recorded at Power Station in April and May of 1982, respectively. V4 and V5 are identical performances combined into a single track on both 'How Nebraska Was Born' and 'Fistfull Of Dollars'. Both are listed here for completeness. This performance (probably from late 1981) is much more developed, and includes the line "you're crying in the corner, makeup running down your face," which is similar to a line found in "Wages Of Sin". According to logs, V6 was recorded at Power Station on May 11, 1982 - this take could be solo or with the band.