BY THE COURT - Klein & Associates · Peggy Hunt (Utah State Bar No. 6060) Chris Martinez (Utah...

Peggy Hunt (Utah State Bar No. 6060) Chris Martinez (Utah State BarNo. 11152) Jeffrey M. Armington (Utah State Bar No. 14050) DORSEY & WHITNEY LLP 136 South Main Street, Suite 1000 Salt Lake City, UT 84101~1685 Telephone: (801) 933~7360 Facsimile: (801) 933-7373 Email: [email protected]

martinez. chris@dorsey. com [email protected]

Attorneys for Court-Appointed Receiver R. Wayne Klein

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF UTAH

CENTRAL DIVISION

R. WAYNE KLEIN, as Receiver ofNational Note of Utah, LC et al.,

Plaintiff, v.

LARRY L. ADAMS, et al.,

Defendant.

DEFAULT JUDGMENT

Civil No. 2:14-cv~00614

The Honorable Bruce S. Jenkins

Pursuant to Fed. R. Civ. P. 55, the Clerk of the Court has certified that (1) Defendant Jane

Lash ("Defendant'') was properly served with process in this action; (2) Defendant has failed to

appear, plead, answer, or otherwise respond in this action; and (3) the time allowed by law for

Defendant to plead, answer, or otherwise respond in this action has expired.

Accordingly, judgment by default is appropriate against Defendant in favor of Plaintiff.

---- ----------Tb:us, oased-ona-ppltcab1e-law;-tlre-reco-rd-hrthiscase;-and-for-good-cause-shown,-the-8ourt----

hereby DECLARES that the three Assignments of Beneficial Interest in Trust Deed For Security

Case 2:14-cv-00614-BSJ Document 389 Filed 04/29/15 Page 1 of 14

undefined

FILED 2015 APR 29 PM 4:01 CLERK U.S. DISTRICT COURT

dated June 8, 2007, June 3, 2008, and June 3, 2008, attached hereto as Exhibit 1, are void,

invalid, and of no legal effect. ..,rY--

Dated this~ day of April, 2015.

BY THE COURT:

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Exhibit 1


\Vh~u iuQ6i'(J:~i:f- 1\~h,ihftb .~ ' . ' .. j .. · : .. ·

NaUim~tl~{lte .of·lT.ts:h .. 1549 Wt.>st 'iStl~ $Q:U tlt \'V1ist·.Mt·d~ti~ .UT.S4QU· ·rut~ APS J~~c Lt.sh

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1'Utf2'1'M· .~mnio~~).•4}i ;rio·f!:' M · *.2·1 ;oo · !:looK• a~1s·rs -· G:ar·a~:sa·u drn~·w:mt · · · · · · R~f.lor~er, S~!t:Uiko t:h,4nty( l)t rvArl¢fifA.I../NOTe:(;lf UTAH.J,;C av:· tjMsfl,.bE?IJi.Y- e~ 4 p:. ·

.ASSlONMENT'()F BEN~f;lGt:A.L ~NTE~~s·:r JN Tl{;UST.DlU.::I) . 'F·OR: SECURJ:l"Y'

For :value t'¢ceiv,e(:L, oo:td to sectlrp th:e.pait.rlent t)t the· hirlb.httitlneliis described ·b~loi."''• the une·ersigned A$s\gtior; Nati.oit~l N()ye .~lrUtah\ L.C~~~!l.cr~~t liiWstijtt\1 to:.theA~1t1ign.e~(s)~ A:!ri.orh'.~tu'F'~naion $~.f1ii~~s.,. In~./~'.Ull June .x~~s~~. ?n ·i.;:rxdlyide4 $~l~.i100.oo .g(Assig~~t!$ right, titfe and imerestin and ttii:the.t~enefi¢laLinterest ii1 that cerlain. truslDeed 'dated Jartu.ary l.7~ ~006~ l~tween Yislorr.Lan4, LJ .. C1 A Vw.h tlmit~ LhtP,iiity CoLUl~:fmy, ~~ Ttqs.t()r($.), iti iilv?J' t'lfi~~'>ttm!wbotl titl~lJ1SJJ!IDC0 Age:t1~.:y, InJ.i;~ t\S ·w\l$ti~~:. forthebenG.rit i;fNatii\natNotb~t\Utahj l;C; t!..~ fh:!nc.ficitu:yl rcc~orded F.tbtu~ty l,· 2006', as:Ei1t~y No. 962647 6, in Book 921·50~ at l~ag<l' 72S&~72M,, in, the.l'lffi.ci~lret;crrds r.rfr.h~tR,ecrttdrtw of:Sttlt. T;}ike Ct?u.nzy1 .S\fl't~ 9f'Uta:h ·ag~linsf the toll()Wfug de~crlbi!d r¢111 pr:ot"rerty :iit San L,ak{!.GouritY:~ SiittelO:fOtah: . . .

Sc~ 'llttuched E:ddbU'6'A~ . ·.: ., --. . . .

As:.ignor hereby .repro::s.ents t:ne follo.,.,dn~· to:/\5si¥he-,e(.g:

l. .The Ass~gri~r ht1S duly .pte!'forrtied !.tll ·¢.ftM c.ond}ti.on$ i.trtpi:J$6:1 ori A.~~igi'ior , under said trust Deed and .the related Trust Deed Note,

:t Th.e · Trwt Deed 1s 1ibXV ittfuUJotc¢: .and eff€.ct; iu1d tbiqmp'aiq. bilHfiice owtng .. oti' the Trust Deed Note .secured by the Tru,st O:eed -is $7 tl,824~'3·o as ofM.rttl,~ 106S. ·

'J, 111e TiiJstPeed i$ CJ$;~i}jt1(~bl~t

'Tbm a~s.i;s:nm~nt i11 g.i'\i~n fpr f~_e t)ur;tJcl~eo d.f:secttr.lng 11fl:Ym~ht 6f'th<f1tidlf.btedn~ss evideri~l by i Pro:rnisso:r~ Note (hi fed. 'May], .:1008, fir the :princfp1e sum. o:t$~$;tmt~l ill.. V.!hi¢h .t\il~i.grtor. iey'::th~·makl:% pay~bt~w ~lt~. or~r <J'f·ll;s~~igJ.iee; ~t t}to tlme$hl1~ il~ th¢. nw!)n.ot and \'lith iiit~tesi ~s iher~i.n se{Jorth, . . . . .

. A~ ·.1o1~. astllf.'t.e, is. t1:o: clet:avh J~ lh~ dhn~at.ton.s ~;~f,A_s~i$Jhpt · tcrAss}gn¢<,;Jn:th~ h·omi~~1r; h\ti.~i,:fi'¢~1 i\ssig11i!lii t~ A.SMgt1o((i. Asslgrt()rt $Mll'wt1Cin~t<Q collect. all p~yn1.ttlls pm.id tmdedhe;'frti!?.t J)eed Note i~et~ured ·tw the 1rm:t Deed here-by ftssigned att<l shai(Liav.e tlre ri~ht to mll'o~ctt cil1 x-o.n1edi<Z:s !~g~<t:n$'Hhcr'1rustot-s'aa.·li.iitk%-1':s of;the,TJii~fD¢¢(l 't,row )J.lh.;lre: l$ 4. det'fililt uridet-thfThl~j D¢.ed.ail<lkw·th~ TrttstDee:ctJ-ii:'it~. . . . .. . ' . ' .. · ' ··. ' '


If ~here is a11y deHh.tt1 t h{the p~yn1ent~ due fhmt All'signiir ~o. As~ignee.· lJ11~~flhe, ... , grom)~ilty Note bet\'v~.e11 then:1~ ~wt the default coritln:uc:s for ·mo·re thru1 ~ix:ty :(60), -<f~$'4tWl' wriit~m. ncrtlqe .ofsi\id g~fa\~lt frtl!'it: Assi;gn()t;, ro AsE;Jgno~~ $)¢n,~s~B:P¥.'·s4aU have.th~:tigh~ to ~iv,e riotice dlre(;tly to the 'frnl:ix:or<;s} p:i•:u{¢1r i:l'lti l)ust D~, ~s m.ak~is of.tbC. Trust:t'J~~dNoie s:oour<;d h:y t11e 1'riist 0~01.1·1 'lA1 J.heretrft~tt n1ake all payment~ [or a p,ropDrtio11::1te a:m(;,unt ofthe pay'!t\~ntsi(thLs)s ,an ~sslgtuiierit of lU)~ittiaJ in!.~~rest] iji?4e,~ !h~; 'l't'tlst D¢¢d. No¢ .dil·e~y tQ Assign~e t1ritil ih~ payn1M\t deffu,tit in.{$~.Pfornis£~t·y Note. be'l~'ei~.ti AS..9{gii<~r .nnd Aisignee .{,s · ful I'Y; and cornpleteh; cured,,. h:tcl\tdhig,. but n.ofliri\ited to.thrr payment of all. atto~r~eyS:'fees 1-1n0 co~t~ inc~~d· by AssigJ;l'Ce,· lfi: ·ghi~t:lg :1\ot~oo·of defa~:clt.} :dp;-e~:thig; !tu~~ors: t0 .. rttnX;;e. :pn,rttton ta direc.tly tq As~:ignee .. at.t~f :otheiwis.~. ~ti"~rcfng Che.:ri gh~s:of'Ass\gi'ie¢ · ag~iri.£l} .. Ass.ig)i9t' ~11d~-:t·iliq TruMDeiiX1 a±>d'Tn1stDe~4 'NPi.~.

·: hi ttd~hi on ro ha:vhrg JhC.l'ight-Jt;t ¢~;ille.¢;t p~1)'t11et1t~ di:tocHy Jrom the Tl~~st0rstiithe ~vedf of .itn. ~thcur¢d :difault mSde1' th~ 'Ptmti)~~w:t Ntitt\ be~''~''~~n A:ssigridr·arid As~t,gnei.Mls· heteln ·· p!'ln•id~d, if the Tru~ms d e:fault under the 'Trust 11ee<l· ~116t/ Ol~ the Tntit Dee& N';lJ,e·d~ringth~ Hm. e of the urlc.un;;d det%rul¥ bl~tv.teeJr A,sslf',ncwana f\;llJ£igu~e. Ass! gnt;~~~ shtillhav~ tn~ rtght ti:).: direet ~be Truste~ to m:tdtlttul;.efott\(:ilt>.tJUt.e lir.d .all oth¢1' lt'¥'(iUable l~gal cttuJ \~l.liimble pr6~~ed1ngs under the1'rt:wt DtX<cl, for th.e beniif1t ofAssi$fiee~ and, jfAssisnee de~ns :su.ih action a¢1Vlsable.,. to SlJ.bstl~:tc~ a new Tn1stee 1.mct.er the. Tr9stDe® ,tti: .tak<rsuc,h a~tlons.

ST-AfE 9f UTAH:

COVNTY OF SALT I,;AR.E

611 fu~J or~ day of ;_~"t(t,, , _......, 2008) !l~rsm~lly .appeared"bcfora lJWWaynS~ Jv. F' alme.i'r the Manager q fNt~tfomil. N~te !)f tJtah~,J~ ;0~~ :a :U ~~Jih:lited lf~ll~~1.\'t5:'oof.r~p<:~Wt' th¥:signei · oftliw .toi~egoJtig insttum~~t~ -.,yho:bemg by lh~.quly:s\.vor:n, aqk1'ioWledged. ttfn1e that he exectlted the samcJor ai1d on bcb::alfofsaid Umifedliahili'iy e0mpuny.

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aegim~in,s at 13; pcylnt which i$. ~,;'1$t 1~1~t6.6 fi$ef U(l~.eo~.th cS4,.$~ ·t~~t fiOI1l th¢ W~t.qUt!rl<$r .it0fl1~r ¢f· $~o~on IZ;TqvmsT,tlp.$ m~uth, f\<IH~'e }~a~t. $.~1t ~k{f l}~F,~e:and Ml;lp~lan; .ahd iunnlt9, theh¢evN~rtn.6"10' East223!13 f¢et; ih:Gnoe- sout~ !;}2":3~'40" ~lSl1Q!l~2 f$Qtl· ili~.l'it:¢ $~uth $"'10< Wl'l!JJ 1.~8-. 1 trfeell th£lnq:i $olitli ss·2~· W~M105.9$ f?~tl~ the ~ol~t.c>r~s1r:~niHg ..

l~$S.ANDi;XC~TING·U)efOIIl)Wlrtg:<l&eQribedp:rgp~!tyl

t>iii91An~ng ~t ·a point w~loh i~ east 141 s;~~ rQ~l and·:So-uth &4;~e ··~:t fr.~rn · tl:l~ We.stquan~r .~!'rl<tr :p:f S.e~tlcrt 12~ 1"own:sll'p 3 $Qil1h I R,:i!nge. '1' Elil.e:>t.. $.a1t.Lak!) ea,se ljH11;1 M~rldl~.rry, and !Vnritn~rtltimca. North $"'10' Ealst SS.~>f!;le~ theoee Ea:sH05·Stll·teet; th~7·~,~ So\.ith >5~1C,.We$1: 42.55<fe~t :tnence S9llth S3'22.' West 105, ~3, fG&t to be;g 1n r'ii n~. · · · · · · · · ' · · · · · · · · · · · · · ·

I.:ES$ AND EXCEPTING' iiiE.lif.F.l'{OM ar1y ~nd all ou:tsiancting oil antl gas; .m!n'ing .e.nd rnlnera! rights, min~rals and o~e$ sih.Jt\tetlln, •,J por'!. ~t Ur,(jer the abr.JVe deserlb$rl . trill ct. of I<!!M ·

Par\!el Nun~b&r 2a~ 1i~:f1B;(i01 (fonetereJlCij p.urpos~s qrliy)

PARCEl.(.:

SeQiriiling' at a point \'i'hio)i js·easl14lS.S5 feet,i:mtl S.ol.lth S4.8~ feet fn::J.rti· t.h~ Weat qu:!!l:irir CQm~r pt $.Wtim1 '12, 1'9whs.l'llp '3 :s~utl), l~li!.l:'l(;e ,. E~st, ~ai!.Laitll S¥~.s~. and M$rldiarfand. n.Jrtt1in9 trveinqe NQ!th. a~ur Ea~t. q(5,8 teet: thence ~a:st 1:()5, ~$ Jill:13t; ·t~ence "$0llt~ '6:"1 0" W~st 4~~55· fe'e~ 'tn~ ncEi ~O!Jtl.l 63 '22' W~~t 1 05;~3 tee! to th~ p<>int t1f bb~irmlng. · · · · · · · · · ·

LEti.lS AND t\XOtPTlNG 1HEr.it:;FROM ar;yllrrd .ell ()Ulstafldlr;s~ oil Md ga~; mining and ml!'etel flQhl.~, miner~\s anct·ores $;tuatnd in, upon,or un<fer 1he ~oov~ t;le!>Cfl~d tract o:f Ja~.

.. ' . . '.

Par~l Numoor2S· 12;$;!6-:001 {ior re.ferenctf purpo$e.s only)

P/,RCEL Z:

ae9hJlin~ et th~ St?~fh~a~t c~~:r.~:· ,¢f .Lc(_2~ pi Uti.la Co~orsvioo~ ~$~bdl~~sion, r~coroefj a~ E~try·N9r o 1~744-7 1n SoaK 7e~e. E\t Pe~tf 23q Jr:t.tr,(l);Of.tl~ pf n·1e: S,a!tk~~$ ~ecprG!(?r, SJit~d por~rt ~;~elng E!ist Me:21 ·feat and:N~r\h ~4f3: 21 fe§.t. frob') th ~W ~ttii~t .Mo!i•,Jmi!lnt ioc~leqln:~.lts . A!~~ Cl:ttiJ$, and· Qulat. Rlf.lsa CtrCie; aa:<:t inonut'I\E)r)l Min~ N~~ $9"60';11'' ~~fi'.Sg;?,~ f¢et ~nd $\J:Uth 3tCt$$ f~e( frt)m tl)e.We~t qui~tler tor'ner,uf SeCtH:In 12; icWrishlp J $.QU,!IJ,. H.ang~ t q~$1; $a1L ta~ ~t:la!le ~h.d Met!~Uan; ~nd roimirtg th~Me .South B6'~43'0G'' W¢$trt,o,,(').i:l fiffit:. ttil'l.nbe t~odl'1 01 "~ 1 '341

' W~~~fi~O.O!i ~et: ihr.:irit~ S'outh tJ5"49'iJ6;'i &;~~~ :t4J'54 J~e~~ fue\'\~~ $60tl\ 04~~7'2Ci:'YJ~st i#fl/{1 fe~H Jo 'th:~ p~lri(~fi>e:~ft)oki\;J, . . , . . . .. . . . . .

. LE.l;S ANP EXC:EPf.IN.G lH~~.E:FROM any i\)r1cl. all l:lutst.andltlg t~n $nq pas; tnlniag,"atid rnlnenil right~.:: ·mir:Jetal~. ·~h;d O(~$''SI\U$l1ild· in; .I;Jf;Ol'l.' Of tJi\r,ie.t' tjie:api.;IV(I 'd~$()fihad~f~¢t Of i~tid 1\ls .fu· th~ eX{()ht pc¢\lii;)u~ly re~>1!ltved in c<ii'Weyenoe clot;;L:m:~~~te prior to :<:~ral)~or's r.wn~rshiJ:h ·· · · · · · ..

Parooi·Numbar 28~12,;17fl··{.lC3 (fur rafetr.noe. pur.pusea only


F.lAR9l~l4:

se:glr:nimr at the SoothWI2l$t come.r of t.otdO of M9unt~rn Vj'jl!~ji $ub{l!iltelcin, ~~~ordeq :S$ Elltb.t' No . . ;i:j:Z6s35t\ ln alif?k :re~11 at P ,1lge. 31 ~Jn :tn~ o1~ce 9f :\)\fll.Salt. ~~,~~ rtt:.worccter; ·til~~ pol_t1t bei~:~Q ~Q'St ~'¢ 1, tr (e<;l~·anct North·o3~2;1() feet fr¢!'YI the Stretat Mr:.mum~nt to.ci1!Jed In Al~a Rldg.e CJ~~-~ndOVIat f{[dg!?', Circle, s~lr.i:monomenfbebit;)~ortt1JJB.c~O'S1 ,; E!~~t 1~~: ~ fe¢f~r'i(f: _south' 3.~o.Ba f~f.},i::fr9tflt~:e Wtlst qu;~~er corrl~·r orSe(;t'Kln .12., ro~itYshlp,::r SQ4t~. Rp~ige 1 .e~~t e.~lq.a~e.J,la$~ ~i'f8 NJ.ar)tli~n;_: a~d r~nf:!ir:ISJ;;Ih1ltric~ NQ_rth 04 •o 7';;!6"· l;lt~st 70.. 02 'fi:l'!l!~· ihehqill Sputtl 85<~4~'06" Sa$t :112.34 feet: rt)et~ce 'S<:>llth oe~ OS' 1:6" Wla$t IJt,$7 Je¢t~·'liJM:~"'·sou1h:a9"'4~'41'' w~sr1:1'0,<174~·~Hoth~~ ~I tit ofooglnnlns. · · · · ·.

tESS AN.O. t=XCSPTING, THERE! FROM any ~1ld .. a~t oute.t~lilding. pll 1!iJld. ,·t;J~e, .. minln-9 and min~ taL r)ghts, mlf1'~tQI$ $:(id Oj~t a;it~ated iT'l. Uf)i!Jt\; qr llt'lti~1· \.1'\~ ~b(\V€o;de~:::nlY~d-tf'$lct of jand aS to ,(he ex,ti!irit ¢re\lious.y ri!'~{irve<J in CQlWeyanCtrdOI';;Un1fll'.ltS pfiof'to Qr'ai'itOI"S•OWfHJtShip, .

Parr::.el. Numb(lt 'i#~1~•1i8.{}()6. {iof ·tef~~e.nce ~urpcisQ$ only}

P. AM e.L..:t SeginfiiJ1g at· W.l Southwesk corner of Lot tO, Milunta'ln Valley Subt~ivlston,, 'S~romg. tp th~ ·p-ffiOial pl$t ttiere'(,)f<.ih ~~~fo1 with lhft oi'fit:;e ,of'thf.l $a.H ~.a~~·CoUnlyRe~rtle~r,, $a}d polr'it.Of P.e'g]t11'ill)s;t b$ll\g tepQft¢d <)n sai);t tylat ~ b$ Nf.ltl.h 69"5.0'3 f' f.~sl ar61:1g .t~a qq,arl~r·$~ct16rl HriE)1314,08. teet fr6m y'ie Weslquart~roqtnf;r of $ileUM 1.2, T OWMhl:p . 3 South,' l~ang$ f ~~St1 Salt lttk~. t.lat;e t\rid M e!tdi!!Jn; tl\~1)(;$ ;at~)i'Jg thiS- South line of ~ald Lf,lt JO; eu:rJ it;; El>d¢11~1crn,. NQrth as"'$Q~r J::as1 i 13A7 1¢et: theM~ Sguth. <?.v 1 0'(!0~' I/Ve-5f 99:21 'f~et, n~Qre '.lf le$S; to th~ m.kit$1' iliie 61 littll3t. Cottonwood CreaK ~oact; tlvc;m(la Smith 86 • 43'00" Wes.t ·i 07 ;:2 5 faet 2tong .~1E\ t~l1\f'.r Un~ 6.t LltUe Coj:hiltlY~'C'JC.d .creek Road; theru)a NOrth oo•oo'OO". l?.a.~t 45';6~ fail!( \1) the most southOtly .'Q.rid Eftt~tetty oorn~r of L{)l· 22, _Lil1!e Cot~nwood, a ?lubdlvlston, <l!l:COrd11'19 to l-1:\ii <iftlcittl 'plat \haroof tin. nll'l Wltl1 the offibe qf.the $alt !.$~~ COunty Recwder; 'ihe.n~- ~lmtrt i.he tra~itlff\e or said tot ZZ, N~ftti.4•.os'tQ" EJ;ist5~L HI teettO:'the poiNt otbeglflnlrtSJ. ·

U~SS ANO ~.XOEPJING rHEFH!FROM' ~!W a~cl ~II o~t~dii·,~ oil·and g~s, rriln~lirJ arid tnln~ral ~gh~, .rnineral$ ~nd \JT'qiil. ~rtufilted in. Upi.~h, qr UJ1~i>!( tril':l t;ib~ ~~oril;l$d tr~t of r~nd a$ to th€1 ~xt-~ntpfte\1\QusJY r~:\le!Vediti cor'We~nr;ed;pcumenl&. prior to Grant¢r's own.ersrrip.

_e:ss AND EXCEPTiNG l"H t:;R:SfRbM any portlqi'llylng Withi!\. the br;lunds of Little Got~onwood Ro~l;'! ....

Parcoi l'+.m·, he-r 28-"t 2·32:6 -003', (for r~Nill'$nc~·.pmpo5i~S' ';>n1,y/


'\\fbe11 r~ccrd~d; r~turn to: Nati'onai.Not~ C:lfVt~h 15'49 '~i·~t·1S.GP Sot(<th · '\>V'.),st ·Jo1~dnn, tf'r 84<lfiS :Rlgi APS .Jati~Li!is:l;,

104.1la.S:os ~~~at~OOi\ 3j~6:ou PM.$24JJo Elotik •· SIH3' Pg ~:13f.l26•!5631 <Gary:w:¢it · · · ·

· ~c{.?t<.hU. $,ai(L<Ik$'C.Oll{tty,UT f\1Ai'IONAU10TE OF UXM lC EIY! .. 'aO:ASH, OJZPUTY ~ ~;p ~ p;

ASSIG!~)\111N"f OF BENEFlC(AL IN'.tERES~r l N TltTJST DEED ' r.,()l'> sla";t'.j:t~r--r· .~f .· ,, ' ' . . ,, ..

_r ~ -"' ~~ r;l.l':..~ .. ~ x

· p QF'\:'lll\1 ~ t.e<:~ivt;:d~. ru~d I:C> St'.l~;~a·e th~.p~yrncnt,6.:f" the i1J:~I':~htedness.·~ct~s6rib~d bcT0.\\1, the tl.lidtt;t;slgn~d AsBf.):~rwr) N~~ttortHl ~tite.qt" tJWt,:t.c ..• ~1ereby ttilSE{Snlto th~ Assigner-(~)} An1 cricau P\1i1Siw ri Scrvicc5, lnc.lF HE .fane L:ub; an J..tri(iiyid~d .$·~,~,61)~.(\{} of Ai~igncg;!~. ·i'ir!ht,.tit!o uncl hlt~e(:)t h; <mdto !',ho: b_qntfrt:i:a! i ptetest~h~ :thaf¢i#ttaln~ 'triistDeo4 datedJt~nuary. +{ :ZO.Qp, l~~~rveerl Yisioti Liu\~1; LLC\ AJ.JtiJ1Li1'l1t'ttid J.::labil:lt>~ 'Companyi.as Ttusti)l.'(s)~:in f~v9t . ofCiJttonwtlcd 'Ti tkrlnsu€1ncc A~t¢nQy) · I~~c;; as. TrH:st~e.) fpr th(!. b~ne:rtt of'Natiqnal'N0te of'Utah. LC. HS B~rtdidary, re~.or4ed .FeWM~tl')'' 1.:.20.06~.: ~S' Bni.b' :No. 9:6~6it:'j6, frt:·nn6k 9.2;50;. t1t Page . . ·j:~SS· 72Q4, 1illhe <lfficiat rec(l:tds (:If lhe Recorder'< 6f Siilt .Lake Cotmty, S ta;tt,.. of Ut~h agaiXl~L th¢· fbllo\liing desorl11eih~1~l proper!)' Jn:Sriit .La~¢ Col.tylt}:d~',atc~)f Vtt.~.h: · · · · . ····

SIH.1 11ttuni;led Exhibit "AY

As.s!gnoi' hereby represents ttrc :fallo\vingto Asslgne¢($):

l, The. /'l:'!Signnr has t.hd.y per{brmed·~~lloft:he conditiqmdr.n~ol~e9onA!iS-lgrior under ~~1kl Trust l)e;e:d ru~cl '(:he.mi;u,eil tnJm D~1d Nde.

2. The 'rrust Deed is MW i:rf f1~il ti)n)e and· ~.:ffec.t~}ilif;i th~' unpai4 h~Jari'c¢:;6wlng,i:m \h~ Trust Deed. N9te 's.¢'Cut·cd hy (fie; Tril5t,Pe;~:i i $ $71 1, 824 .30:4'1.:!1 of N~1a~' l ~ :wo 8. ·

3. ''fb6 'ItU$1 Deed is :as~i,gnable.

· This it~iilgnrnenf is ~tvc:Jlfor ihti.WZf'\)~(Nlt' ~recct1rh1~ paymeitt of the i:nclebt~~1i¢s~ evidenced b;y· .\l Pttlmissory Note d~~ted M~y 1" .. 1-QlW.~ ifi llm. pr\ttdple 5'1-tni ot;$'23,,5:42,Z4.lh ·which 1\ssigt~or isthe lllhlSCi\ payabhri t~they: o'i:d~r t:i:t A~s1~neil, ·at th~ t1mes ~nd h:t the n:~nnncr1 i:U1d '""'lth h1~rcsl ~s therehl set· rNth. · ·· · '. . .. .. . . '.. .

. .As: long as thettfls iiOc;i,:Jct~J.ilt if~:.t'lic;obligatlon$ otA:;stgrwr t() t\sslgn~ In tho Pi'\)\nJ)l$(ifYNbte tro~ Assignor tl) Assign~, Asstg.not· shaH c(jti~inu~ 't<? :e;¢,lh:)¢t''~i!l:pa)ii!1ents J)akl under the'1St1st bood. NP:te, ~¢c;un!icl.~6y the Tr'U&i:DeM bet~ by a:s~igtl:e'd:and ~hall have {he . .d~ht t(l dlifr.il;c¢.all Xt::Tn~.!d {(ts ai.~titl~j J:ii:i:i l:'t'i.1Si,(i,;t!l a$ !i)~kct$ <.:~!.tfk: T~:u.st.D~;¢c,l. ~f6te if·tl:lpi:e J~:;J~ ·. diiifau.It t1ndor th~t "frl..l5t !:)~ed i~1ldll:ri the Trwitll:c.ed N6te, ·

.-...,.......;.--..... -


lft:l1ere:is ~y de;!fmlh: io. the·ptwm~nt.s. .. dile·ft:o~nA;;$l.il?,ll~Ir to.A~!loig('1Ji!(-l.l)l'ig¢t P.l'l~ p·r<)rtliSsi)iyNot~ bet,ycen tne.m~_ and::tfl~· d~in~~lt dr;mt!n4~~ for inore t{1~1~,:sil{ty (f5CJ) ~ta~:~ ai\~r virHtc.n n6tR~.h tit' ~nW ~l~,?fi!~llt frot1i As8!:g;t~i¥~ n;' A !1;~ ig\'i<lti ~her-~, As!.! igtf~eJh:~!l ~Wwe the (iglll t() gi v·t~ ntlUC:ll ,tlirt!iJlly · tt> ·the T·ri.:Jstbt(!i) u1HL~l; the T ttisf.D~<.<J, i'll'iJ~kets of the 1't·ust. 'IJ~cd Nn t~ S(~c·.iJtod, br Uie Ttrist .])@eel, to. ther·e,'lftet.'m£-ih·l'lll paj•Inents.f<:•J!' ltpl:opol'tlOttl:\t~ fil1Jo\mt tift he P'1Yid~;HI~~ ~l'thl~· is a.lll'tbil'l¥gturi.eJti of aFsi~~ht.l !n~\i-t~t~q p.ncter t1~i:J Tr~1$fPt~gd Note .dh:ectly tb J\;s$1fl.tlcc \llltli thf.l p;i)'ini!it d¢f~1ti1tJiiJhe Prolr~l~;/>i)cy Wotp,ootween Al$sf~nor and As~i$t1~t;: k ·rullY ·tn1d completely curedl ittcluding but noi l]mH:~d t~J thg p~·rnent ()f,atl· i~tt9.rr¥~y:d~~s; ~Ji4 co:~.t:;, ,ip.(~u:r:rt<,d , by· ~~s!gn,e~ .hi, g iVi~g .1:19.ti~c:~it' 3ctiatth:, :dJr¢~H~a2tni~tQ1'~ llJfu~k~ pt~ym ej1ts direct!): ~t\.As.signe~:.a#d othel;~~·i~e..:.entorci~.i:he rig·htsofA~Mg!iM against Asslgnor,mlqer th~ 'lrt11t !)eed:ilndTru'ilt Ikcd .Nt1te; · · · · · · ·

lhadditipW ·tq q~vit'1;.g:the.l'rght to·eollectpayl'li~i)ts.(Ure'vOy.ftdm the.'trustor~ lnlhe· event· of im ttncuiM defllutf.tlndcr the'Pit,!Jiis'&<lry .Note between Assignor and A.&signegas.f1E)tefn PI'O'iJ.ded~ ifthe Tn.stors default :under the tru~L I,)e.l;}d. un~J/orJM Tru'i;t'J::Wed N911'S tNdng th~ time orfhe. oncure·d:d~fatltt 'l;retw~~m A$$lg~~qqllid A~slgt~ee • .A$Sigh,ee,'s11all J\aye the rigl1f to ~Hrt-i;t lli~. Tru~t.pe h? vnde~tnk~·forecios\ire and rill othc:r available. tegahmdQquita~l.~. · prodi:.itdltfgs ~1nd~r the Trus'tDeed:,f(lr the·beuefitof Ass1z.:ne(':, <m.d,if~,l\lsigliee d:ecms¥u~h actiNl advtsahle;tl'l';sn.~1stl\:ut~ a MtWT:nl~t~e, Mder: the Tt~stDc¢d to takp s~1ch fACi'it.:ms.

Nr\TltAL NOT£ 0~~ ~JT/l,..H1 l~,c!

:, .~,.,..,.~·

ST.!\. TEl OF UT:.A.:H ) $1~

COUNTYOF SALT ~,A~ )

SEAL;


f>A~OEl·i:

$agi:rihlt)g ;gt.a pc>tht Whk:h ·I$ g;fj~t '14~'8!~51~Ca[)p $¢Jl~h ~1.8? t.~~t fl~rl).~h~ IJV~t qua~twn:nar of Section.) ~;·Tqwnsnlp a:SOM\tt,·· Rtl\lntr~ 1 E®st, $ali l;a.~e:'lila$;::,an~ Mfil~ldt~n; aJ1q runnin~,tfltmCI'l Nor.th'b~IO' EQ$,:t2?3;'7~ 'fee~: ti'\entM Si>Uth <1.tl'·3~'4o:· f£<!$t 1fJ.3;S~ fe~t;: r~heh<jt~(Sb.tith 6"10' We:sn98:15fe:et: thente SO~lth sa~22'Westl05,~3tootto tlJe,pQlnttif~-eglnnlng, .

u;:ss ANCrEXCEP.tJNG the foltowli'lg· descilb~d propet\;y;

Segi~r\1n~ at ·?l·.· point whlPh 1~ ·~af.'>t 14,·t~.·iJ;~,·~~~tJli!d South $l~.~~:f~".\Jt, IT-om tn9: lN&:s\ qvaf'tlj(qor6~i ol' s.iitctioii.12,Townahip•~. soutb •. ~$.rig~ t(:E~$t; (iJ{l!tWk~ iJ?,<se.an~Meddlan, ~:~horyMhil19.\he:np~.N9!1t,fl~1Q' t~st B\liiS !~iit:Jh~nt.~ tZa!it '1:0:5.;215 JelJi:t;Jh~·mr~ South !'t101 Wi!ist 42:55 fe~t; th(tr\ce $¢1J~h':83~22''1(Jfist ~ P5:9·~ts~oo beg~rnlr\G'. ·. · · · · · · · · ·

LESe ANP EX<CEP'DNG TH~REFRPM!i!~Y:and ~ll oulsiandtltg o:il qnd !l~$., rnlning arid mii\(;)rar •rights, 11i1ner~ s a11d ores st~Liate~ In, p P.on, ¢t· tintl~tt!ie ~b9ve deserll:!~d t!<4ct of lahd', · · ·

Paraar N~tYl b~r 28·; ~2:-1 rtHlO'i' (for referM~~ p1,)r:pos~s onlY) .

.PAIR(;EL 2:

B~::1ginning .~~ f.l pqin'! wh1ch <}s ~$.$1' 141 $J!io feetMd l;lr.YJth 5~te~ 'fe~t fr.om 'th(!l' we.itt qtit~rier con~er. ot $eotlon 12 .• lownst1!p $ ~ouih, Range- i Ernst; Siillt Lm,k(j S . .:t'\J.eiand Mi\iridl~m ~t')~ r:t~nning !f:tQoae Noith6•1o' EMt $S.S lee\; tn~nee E::ast 10:$;2.5 t~et.: tfienel,') sc;ath 6'1HY W~et 4~;~5 f:eet; lti~n~ .so~th s~~~·west 10~.'93 teetto the point of be~innin~. · · ·· · ··

u:~Sf!l ANb BXCI5PT\NG "THEREFROM ahy and ell t~wtetondfng · oi!. al'icfgaa, • r;rilnlng l:lnd mlnarli<l rJghJs, mln:~rs!$ and ere$ s'luate·rllh, t.ipQn,.or unded!te abovedewribed tra:ct:onand.

Pan:~l Nur;;b~r 2~.,'14"3~8;(}01 (for r~firretr'l~ pu!Pcis~s. Of11,y)

P,A,RCEI. ~·

S,eglnn:t\~ ?.t the Sot,i~hl;!ast c¢rn~r at. koL~~: _of Lltt.eti.ottort\¥PO~ ~ubiJivislon, reCt;lrde.d as Entry Np, ·31 5:7441 in B~ok 7~·$· at ~Jil·~e 2.3~ lh th~ oft)qe:. ?i\t)~;s~:t LaKe~ ~~~~otd~r.;stitl p~lnt bajr'g t;asf~ ~a:~hfeef llll'iil North 245.2·1.1:eet tr.orn the: Strootf\•1qru.Jmen.t·loGI!I1~d J11; AI;.,T~td111!1 C!ro1e and Qul¢1 R1dga' C1rcle. wajd · monurrer1t ~~1110 North Bb/''50'~1.'~ F.:~st ~~~,':36 f~t OJ)~ $Q(Ifh @~\};-~~. M.~t. f~om th~ W~st ql,jarter cornef'pt Ssqti:on 12, T¢•,\rnshlp<~. South, Range 1 Ea:et; $Jllt·.L~~~~ti~W and ME\ndJ~n;)?nd rin:m!ng:Jhelw~'· S~uth 86,.~3'00'' W(li$\ ao ;1)4 '*~t: . ttlelioe No rttr 01·~ 31 ~$4' I W~st 1$0 . .!)5. fe(:it; thent~ ~~uth eS"49'06" F.itl$k34. 64; la()t ther~ee 'EloJJth o4•.o7•26' WeM 146:71 fe<l+tt6the p~fntqfb&91r1tiitl~.

U!~S ANb qXCt::PrtN ~1i i:tHER !EF RO~l .. ~~y ~mo a\! . ou~l~llqilig oll and gM. rrilnlng ~nd mr6~ra· .:rigb:ts, . mln~rafs ahd dr~)iltualed ·in,l;P9tl, 9~: und~r ~h~ abo1141 deac~be:d tfadt of ii,nq "'IS ti:J t!iff e;;.~~qLpre~i,iqwsly · · ras&.r .. red ih t;;OflYI\!JYqll~a d o,:cu ments. p ~lor to Grantor'$ O\'l'n~htp. ·


PA~CC:l4:

Segir'lnlog at thEJ. so~th~'$$t comer ot Lo~ 1tr o(Mo~mta(~,. Va!le~· Su,bdiil\a.br,l; .reeordefa.a. Sriiry No. 33:i!033.50 it\. 8(Xlk ·r $·1 i at Pail) e .. $19 in. llifi oJf11l!El:. of tl1 e; $a;t Lake :R:e:corder, · Mtd' pol nl hl1Jt'J0 East521 .1:2 feet and North ~:?.:t.(f fl\l$t 'frorr1 tl1~ .lW2iet Mohurilsnt 1¢:Wie·~Hh Al.ia · Ridg<~ .t;i~)e ~hd Ctuiot Ridge Circje; stiid rnonumerit h~iFils North 8$:;5rt 1~1 ,, E~$fr~~ :3.er·rJ;;et ~d~f'S.~t)\M J2:0~ ~a r~~t fri:Ji11 th~ W~$.Lq\la.1ere6rn$r rJr8e6uor.. 'l,., Ti.Mn~~~P ~· eoutf'!:; ~~ ?Ji1ge· ·1 t:a:St,, Sal~. LaK~ aa~ an~· Me11qi~it an r) rmtl'l1f19 ;t11e1\c~f~o.rl b 04'C!:'t26:'· east 70.(}2 feet; th$'1M: ~t)uth 8~"49\}Q'' t::as~. '112:34 fMt; l.hfil'n:o;,i . .S<J;I,i\hC'(F"Pi:l''1~"Wellt &1.6.7 f~~±; th~neo soum ~~~49'47il INffst1::H! .. 41 feiett? ,~\11! !;ioint of bq~Jnrrllfg. · ·

L;ss ANn EXOEPTlNG THEREF~OM f!ny .. ,iJJ)d all outa~ar.tdlng. Oi\ tmcl g~~; !rtiri111Q ;;~n~ mirf~rnr right~, rtTinerals :and ~res situated in., upon,: ot under the ?bove <;ieserlt:>ed tr41l~fo! 1i1rld ~s ~o·ti¥ ~X\enlpre~I¢1;Jsly r¢sef.vedln.conv>$yance .(!o¢~lments prior to.~ r.:tritorsl~WI'I$i"$hlp; · · · · · ·

P<Jt~l ~lu.mb\'W :ze; 12;.1 7'$.;QQO. (rofrefererit~ purpo>Ses only)

PAF;CE~ ·s:

BeoL'HliliiJ at tho Sou~hwa$t ~;om-?r ~r. l:or1 0,. Mcillrytatt'l V$lley $\Jh~Jyf~ie:hl ~¢~\dlng to'.tfi:o OfnoJ~I· plat -ther,ad ol'l file with the ¢iikiG ont1~ ~al\ J.:~ke ¢ou'nt)i Reo order; sakLp¢i1h,t or bag~nn!ng b~lng reported on ::;a:~ plat to be Nort:he~·tH)'3:1" Ea;:;t ~1ont1 th¢ quarter..:s$ctio!i lir;a t;H4.QI.tfe~Urom:tqe W:esl~li~ttef .c:om>Jr tlfSed!on 12. Townshlp.J..South, R~nae1 East. S~lf~ak~ s~saJ!i'ld'M~rldtili\: theljOO ·aJon'9.the Sowth line ofsakltot 10, alia 1ts e::®r~'Slon, !llnrth o:a~~O'Si" E~~t 1HI.47 tegt: ther:~ce South e·~tO'OO'''We$~·1i927 fee:, more Qr less, t~ ·the center lin~ of Uttl~. Cottonwood Cre~K R:er~ a: tnen~e ·Sotr!t'CStJ'Q43 '0~" \IV:est lb7:25 f~et ~JIO!)g the c~mter lfne of UUie Co\tonwoc<! Cr'e?k·Road: thenci.J: Notth · Q•j• DO'Gb'' · EiS/st 45~64 fe~rto thO. 111ost t?tMthe~rty .a11r.l Ees\erly cQIT!J$.t of Lo\ 27, Lllil~ ¢oi:tcn~vood, a sub~ivl~lort, iilt,;;¢6r<Jlng tp tii'e.tlrri~i<ll pl.~\ lh~rsor~~ lila wlt0 .:h~. ot!fce of the. 6e1i Le,kt) COunty Recor·j~r; tt:eno.s.·a!ong thei- f:{!St l'i.n~ ar;s,i!lld.. LJ>t 2,'2; Ncrtl'i4·c·$'10" Eest59;:1Sl&at to me.poiliH:{b$9irtr;liJg,

l.E$S ANO ~XQE:PT!NG rHeRr;,F~OM ar-:y.and.ell outsti!indf~ 9il <!l!d. gas, mrning ~nd mheral iights; m!n~rw~!ilt'l~ Qtf;;~· ~H\JiUt~ :In, up\in, or \.mi:!er th~ .. above .d&¢6rtb~d trae!,tif land .ast.O tha extent previously reseiv&~.1n bo:n;taya-r:r8~ doqurnttrit~ .P~~r t<.r Gront~·~ ow"'!!lrsllip. · · · · ·

L~S~ AND EXCEP.Tl~G Tre!~~FR.l)M any pott.ionJy,ibg ~i;ithli\ (hEibot,mds ... of tlUleCotlbnwood ~cad,

P.mcf.ll N\mlbe.r·zg, 12~3:26.:00:3 (ic·r-~r¢:ti!lm:i.e purp~s$$ only)

-- ---------


Whet~ ret;otd~~ l'l;"lt'tttf) ·to; .tlme.btoo.&Adrlt~llei f¢rty 20.06 $()u~h :u~ny Stt-a. Tll~&Oll; Al1 8~713·~412$

ASSIGNlv{EiNTOF BBNltFJCtAL.!NTERE-StlN' TRUST DEED ,FOE sr.;ct)Rrrv··

f'Ql' ValHC· reGt$·ivcd, tmd to secure.the payment-9ft+1e>ind¢htediJoss. desq:t:ibed belov..-,,tht~ \+~tderidgtie4 A-Rf>i~)lQ~~ Nati~tll;'tlNGtlll·of Utah, J~,g;~he:¢py.a$~:igps to· thtiiAsSftme~{~h ·1 W!t( . . J.Jash .~ · Aarl~rine 'l' \')r'r')'1 +.U1 ~mtliyiU~ &29 ,OG.~*~0:9f~~sf:~t9.i;1~ -rl~I:J~~ .. tltl¢ and. i~teici.it :tifcltid:to . the bcueftdal inttl\restdn that:ce~·tain.Trus:t Deed: dated Octohe1; :24. ~006, 'between Hm:nelancl ·r~ndln$.Q\1rp;~ as 'ir~WttYt(s), i;n ~lf.vm. 9f8e~udt}' Tltle·~nd ~b~a~t :Coirfp~y1. as 1rttsrc¢Ff(lr't~e'.

· ~het1t of.'t'lntioital No1e .i'l'f !()bih, J,C. as a¢n~±)~iaty~ .·r~(;.Otcl¢;;1 N o·v ~ri\ber 24,. ;2.00<), •as Et\tty N 6; ··. I57928:'2<J06, fn.fue·offlci~l' t'eoo&is otjhe Recorder oJ'Utah CnuntY.;:'State of'Utabagru:nst·the f\fllowing described. reiJl r;~t()pt~rf>' In J)tJJh Coi~n:Ly, Sta~ .<lftrt$.b:: · ·

Si!-t Attt«thrtd Ic:d1iM~ l~A" ·

Assigu~~r hereby· tefti'e'seut$ t~1e fuH<Jwirt~ tu.A!:I!:il~l1li~(~);

i. The A~wigr1or has duly perfonned aJl ofthe conditions b:trposoo on Ass.ign¢r 1md,cr said Trust.Deeo ·anct .the riJati:.d~'l?;usl D~dJ'fotii:.

2. 111e Trum D~dis now In tutl force t.mdeffoot~ and the .;.trmnid baltmoC~•ov;iJ.~gt).lJ. the Trti$t De:ed No.te,Sf!CUr~d by t.h~ Tro~'D'¢p.d [S $,C.235;000.()0 as {)f May L 2M7.

Th1ri 'Asslgfmitm.t b given t).fr the: purp<Jse of~~:dng.p~ytn~ntof the indebtedh.ess evid6r.~,'XX1 by a Prom4~or)" Noti: dated·May.3l; ~mn~· in theprJ:ndple sufitQf$~l3t(IOO.OO in. wlti~h. As;slgtlOr ip;:;the U'i aker. pay~\:"Ple, ~0. eh~·~H'get :ofJ\.ssign:ee; .at th~ ihn~' 4it~ in the' marJi'ler . at)d withJ~te~st a$ th~i'-¢hl.$~t :f,qtth. ·

,Askmg asth~re is.no de1~.uH \!Yfhe,(ibii(;t~tieinff ofJ\::rs\~~ot '!1;) A~~igne,e itlth(} .?,romisi)ozy ~(it~ frt~:fh.f\l~{g:rto(t9 A8sigw.:q. A$s{gnor $baH t~9nthi1,ie t'O¢~licl.t .an paymems:paid ur1~er'th~ 'Ih\SU,~Ced Not& .. ·~cutecl by thi;; Tn.lstT)eed:berehy:assigned:and. sh(}]l have.:J;lwrightt<~ m~fQt~ ~ll rem,edies ~~ain~~ ,tb? Tru11tot~ a.-s IT!akersofth!J.Ttu$.t.J!ee~ 'Nqt~fLC:ther~ ts:a:ctefaU;lt · uilde:r:the Trn..-<~t Dr-ed J!l."'tl/m• the Tl't.~stDe:ecl Note~

Uthere. is ZilJY defa.ult in the:•payments due. from AsstgniJr ;to A~$1snee u.rl~e.tr ~¢:: r.);'(jrt}jS$\}I."J Note l~l:)tW~~\1 thcni~: aild thlfi':d~f~tuh Gi~(l,i;inl1~t1 foi; l119~i;J tb~ liti<tY'{qO) q~y~ ajtef. wdttert·1iotice· ri:f:iiai~l.d:¢thnlt fi·~,r{l At-~iguw~ td Ass~~~1hrt tlienA$&1t~nie~ ~haft h~ve. the tJg.ht 1o·• gl.w .~:ibtice.dir~tly to tht1Ttu~loj:(r>)· und~r th~ trust De~'l4:, as rmtbi·s n f.tlte Trust Eie«t Note

~---- _______ sec\!ted~b;yJheTru:ift)ee4~~tcLther:eaf'ter~n1ak-e-aH~p{l1f:rd~nts:I9r-'a•pr¢p.om;i<)nat\!'t~!U}:'lQYntof'th~ ·. ' . ·, ... ' · .. , . . . .. ' . . ' .· --- ~---~--


poylJ1~1tts ·i~:this .is an $.S;Signmemt of a p~.rHal inte!'er,>fj urH:lerth~ Tntst.beed .Note d;i~eQ:tly fr) AS,sigitee t1ntn th=;:::p:a.Yrtif!litq~f~fllttn ~h¢:Iir~Jmi~$Ol)' '!'~))1;JZ! ~@tW~~rt.A?si!t'not #nd A~~igtiee Is ful'~' and OO!l:lpl~~~ly clir%d; 'irioh.iding but noiHn,ifed io tho 'paynitlht pfull atto)ne:ys: fe~ and costs imll.l.rr.ed. by As:Slgnee In gi viug-notice ofdcifau1 t •. duectir1g Tr11stors t<) m~e payt:rH;mts · dJr~cdy ~o Assig~n~ ~nd ?tb.erv\it$.~ IM'tf"on\k.g the· dgh~ ()£ A$!l!~itr ag~nf.l(t~&ign<.lt Und~r. the. Tl1Jst:n~ed and Ttu$t Deed :N:ot~; ·· · · · · · ·

In,a4di~imuo ~ving tbe right to 90lleot paym_ent8.: ~il'eQtl¥ :t):¢in:t.tl~e·1'rt1~to.rt~.ln f:lte ¢.vot1t . ofarttttlcw«] d~fau1t~ri4.e~r ·the J}roml'~:rY Note Mtw~~riA~tgnot ~d Assignee ~s .h~i;eit~ pt~vtded, ltth:e !tu$tl1t$ defutd t ~:tiid~r the Tru~fl.?eed and/6l: :t11e 'fri'isf Dee4.Note 4urhHltfle . tirnc.'l· \'lfti1\~ 1lllCI1tt'ld d(lfau.lfb¢t"W~l.:m Assi~,nor·rma As:~i'ig,nr~e, ,Assign~ :?h~l.ha't'C, the; tilihUo dire,;l th~ Tm$tc¢ t() 'uh'oertaktHb~eclo~ti.re M~ ;~H oth~t av~iilah+eJegW::#nd equita~tc. · · . pt{iei,~iilg~ :un4~r'tlie Tti~sr!.W~d, tbr thq b~~i~fit ofA~&igrie~l and;' ifAsil!grie~ dooim~ such ac.tiOn advisabltli. to sub!ithut:e a= .new Trust-ee, under thl;'l Trust: Deod lQ take ·~uoh .a()ti()l)S.

D~t~d .. '\J~tt~:."'~'#t . ' .'AU~J< .....

CQUNT'('OF SALi' LAKE )

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BY THE COURT - Klein & Associates · Peggy Hunt (Utah State Bar No. 6060) Chris Martinez (Utah...

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