HomeMy WebLinkAbout945267
When recorded, return to:
RECEIVED 2/13/2009 at 12:23 PM
RECEIVING # 945267
BOOK: 715 PAGE: 412
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
General Electric Capital Corporation
8377 East Hartford Drive, Suite 200
Scottsdale, Arizona 85255
Attention: Portfolio Management
I O( ÚC¡({e-¿ (
MODIFICATION OF DEED OF TRUST AND CONFIRMATION OF
CROSS-COLLA TERAL/CROSS-DEF AUL T AGREEMENT
00\)41.2
This MODIFICATIOIN OF DEED OF TRUST AND CONFIRMATION OF CROSS-
COLLATERAL/CROSS-DEFAULT AGREEMENT (as it may be amended, restated, supplemented, extended or renewed
from time to time, the "Agreement') is made as of January 30, 2009, by GENERAL ELECTRIC CAPITAL --
CORPORATION, a Delaware corporation ("Lender"), GBDB OF UT~!I, LC;""a Utah limited liability company, and
III KINGS DEVELOPMENT, LLC, a Utah limited liabilitÿCõïnj),ãi1YC"Borrower"), HB BOYS, L.c., a Utah limited
liability company, HB PROPERTIES, L.c., a Utah limited liability company, BDSB OF UTAH, L.C., a Utah limited
liability company, BDSB OF EASTERN IDAHO, L.c., an Idaho limited liability company, BDSB OF WESTERN
IDAHO, L.C" an Idaho limited liability company, BDSB FAR WEST OF IDAHO, L.C., an Idaho limited liability
company, BDSB OF NORTHEAST, LC, an Idaho limited liability company, BDB OF SALMON, LC, an Idaho limited
liability company and BDSB OF WYOMING, L.C., a Wyoming limited liability company ("Corporate Guarantor"),
WILLIAM R. ELLIS, an individual ("Ellis"), DAVID M. WILLIAMS, an individual ("Williams"), GARY K. MOORE,
an individual ("Moore") and WILLIAM E. RIDENOUR, an individual ("Ridenour"),
RECITALS:
....J
fc I A. Lender is the holder of that certain existing loans as further described on Schedule] to GBDB of Utah, LC
and Corporate Guarantor, which loans are guaranteed by El1is, Wil1iams and Ridenour (the "Existing Loans") as secured by
the Existing Deed of Trust (as defined below),
B, Borrower has requested that Lender make a new loan as further described on Schedule J to Borrower,
which loan will be guaranteed by Corporate Guarantor, El1is, Wil1iams and Moore (the "New Loan") as secured by the New
Deed of Trust (as defined below).
C. It is a condition precedent to Lender making the New Loan to Borrower that the parties hereto execute and
deliver this Agreement. Iniital1y capitalized tenl1S not otherwise defined herein shal1 have the meaning set forth in the New
Loan Documents (as defined below),
AGREEMENT:
I, Definitions, The following terms shall have the fol1owing meanings for al1 purposes of this Agreement:
"Collateraf' means, collectively, the New Collateral and the Existing Collateral.
"Credit Parties" means, col1ectively, Borrower, Corporate Guarantor, Ellis, Williams, Moore and Ridenour.
"Existing Collateraf' means all real and personal property, tangible and intangible, as to which Lender is granted a
Lien pursuant to any of the Existing Loan Documents and any other property, real or personal, tangible or intangible, now
existing or hereafter acquired, that may at any time be or become subject to a Lien in favor of Lender, with references to the
Existing Collateral to include all or any portion of or interest in any of the Existing Collateral.
Contract No: 15541001
Asset No: 57230
Elko, Nevada
4816-5377-3827,3
000413
"Existing Loan Documents" means all documents and instruments evidencing, securing or relating to the Existing
Loans, as they may be amended, restated, supplemented, extended or renewed from time to time.
"Existing Deed of Trust" means the mortgage, deed of trust, deed to secure debt, or similar instrument executed by
GBDB of Utah, LC and Corporate Guarantor for the benefit of Lender and recorded in the applicable real estate records of
the county where the Existing Site is located, as amended, restated, supplemented, extended or renewed from time to time as
further described on Schedule 2. If there is more than one Existing Site, references in this Agreement to the Existing Deed of
Trust are to each ofthe Existing Deeds of Trust.
"Existing Site" means the property listed on Exhibit A, including all buildings and other improvements thereon and
all rights and privileges appurtenant thereto. If more than one property is listed on Exhibit A, each such additional property
will a]so be deemed to be an Existing Site and all references in this Agreement to "Existing Site" shall mean each of the
Existing Sites listed on Exhibit A.
"Lien" means any mortgage, deed of trust, pledge, hypothecation, assigIU11ent, charge, deposit arrangement,
encumbrance, lien (statutory or other), security interest or other security arrangement and any other preference, priority or
preferential arrangement of any kind or nature whatsoever, including any conditional sale contract or other title retention
agreement, the interest of a lessor under a capital lease and any synthetic or other financing lease having substantially the
same economic effect as any of the foregoing,
"Loan Documents" means, collectively, the New Loan Documents and the Existing Loan Documents.
"New Collateraf' means all real and personal property, tangible and intangible, as to which Lender is granted a Lien
pursuant to any of the New Loan Documents and any other property, real or personal, tangible or intangible, now existing or
hereafter acquired, that may at any time .be or become subject to a Lien in favor of Lender, with references to the New
Collateral to include all or any portion of or interest in any of the New Collateral.
"New Loan Documents" means all documents and instruments evidencing, securing or relating to the New Loan, as
they may be amended, restated, supplemented, extended or renewed from time to time,
"New Deed of Trust" means the mortgage, deed of trust, deed to secure debt, or similar instrument executed by
Borrower for the benefit of Lender with respect to the New Collateral, as amended, restated, supplemented, extended or
renewed from time to time, If there is more than one New Site, references in this Agreement to the New Deed of Trust are to
each of the New Deeds of Trust.
"New Site" means the property listed on Exhibit A, including all buildings and other improvements thereon and all
rights and privileges appurtenant thereto,
"Obligatio/ls" means all obligations and liabilities of BotTower and any guarantors with respect to the Existing Loans
and the New Loan,
2, Cross-Collateralization, Notwithstanding the extent to which such matters are already granted and provided
for in the New Loan Documents and the Exiting Loan Documents, Lender and Credit Parties hereby confinn and
acknowledge that: (a) the New Collateral shall secure all Obligations and (b) the Existing Collateral shall secure all
Obligations. Except as otherwise expressly provided in the New Loan Documents or the Existing Loan Documents, Lender's
liens and security interests in the New Collateral, including but not limited to the New Deed of Trust, and liens and security
interests in the Existing Collateral, including but not limited to the Existing Deed of Trust, shall secure all Obligations and
shall not be tenninated or released in whole or in part unless and until all of the Obligations are fully paid and satisfied,
notwithstanding the fact that one or more of such Obligations may become fully paid.
3. Cross-Default. Notwithstanding the extent to which such matters are already granted and provided for in
the New Loan Documents and the Exiting Loan Documents, Lender and Credit Parties hereby confinn and acknowledge that:
(a) default by Borrower or any guarantor under any of the New Loan Documents shall constitute a default under the Existing
2
Contract No: t 5541001
Asset No. 57230
Elko, Nevada
4816-5377 -3827,3
00\141.4
Loan Documents and (b) a default by Borrower or any guarantor under any of the Existing Loan Documents shall constitute a
default under the New Loan Documents,
4, Binding Effect. This Agreement shall be binding upon and inure to the benefit of the parties hereto and
their respective successors and permitted assigns, including, any United States trustee, any debtor in possession or any trustee
appointed from a private panel. This Agreement shall remain in full force and effect, regardless of whether Lender at any
time seeks to rescind, amend, terminate or reform, by litigation or otherwise, any of its respective agreements with the Credit
Parties, Lender reserves all of its respective rights, security interests and rights to assert security interests as against Borrower
and Corporate Guarantors and any third parties.
5. Severability. Any provision of this Agreement being held illegal, invalid or unenforceable in any
jurisdiction shall not affect any part of such provision not held illegal, invalid or unenforceable, any other provision of any
Loan Document or any part of such provision in any other jurisdiction,
6, Remedies. No delay on the part of Lender in the exercise of any right or remedy under this Agreement shall
operate as a waiver thereof. No single or partial exercise by Lender of any right or remedy shall preclude other or further
exercise thereof or the exercise of any other right or remedy. No modification or waiver of any of the provisions of this
Agreement shall be binding upon Lender except as set forth in a writing executed by Lender.
7. Limitation of Liability for Certain Damages. In no event shall any Lender Party be liable to the Credit
Parties on any theory of liability for any special, indirect, consequential or punitive damages (including any loss of profits,
business or anticipated savings). THE CREDIT PARTIES HEREBY WAIVE, RELEASE AND AGREE NOT TO SUE
UPON ANY SUCH CLAIM FOR ANY SPECIAL, INDIRECT, CONSEQUENTIAL OR PUNITIVE DAMAGES,
WHETHER OR NOT ACCRUED AND WHETHER OR NOT KNOWN OR SUSPECTED TO EXIST IN ITS FAVOR.
8. Governing Law. The laws of the State of Arizona (without giving effect to the conflicts of laws principles
thereot) shall govern all matters arising out of, in connection with or relating to this Agreement and the other Loan
Documents, including its validity, interpretation, construction, performance and enforcement; provided, however, that with
respect to any married individual signing this Agreement who is not a resident of the State of Arizona, this Section 8 shall not
be a contractual choice of the community property laws of the State of Arizona.
9. Jurisdiction and Service of Process. Any legal action or proceeding with respect to this Agreement shall be
brought exclusively in the courts of the State of Arizona located in Maricopa County or of the United States for the District of
Arizona, and each Credit Party accepts for itself and in respect of its property, generally and unconditionally, the jurisdiction
of the aforesaid courts, Lender and each Credit Party hereby irrevocably waive any objection, including any objection to the
laying of venue or based on the grounds of forum non conveniens, that either of them may now or hereatìer have to the
bringing of any such action or proceeding in such jurisdictions, Each Credit Party hereby irrevocably waives personal service
of any and all legal process, summons, notices and other documents and other service of process of any kind and consents to
such service in any suit, action or proceeding brought in the United States of America with respect to or otherwise arising out
of or in connection with this Agreement by any means pel111itted by Applicable Law, including by the mailing thereof (by
registered or certified mail, postage prepaid) to the address of each Credit Pmty specified on the signature page hereto (and
shall be effective when such mailing shall be effective, as provided therein), Each Credit Party agrees that a final judgment in
any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any
other manner provided by law, Nothing contained in this subsection shall affect the right of Lender to serve process in any
other manner permitted by Applicable Law.
10, WAIVER OF JURY TRIAL. LENDER, EACH OF THE OTHER LENDER PARTIES, AND EACH
CREDIT PARTY, TO THE FULLEST EXTENT PERMITTED BY LAW, WAIVE ALL RIGHT TO TRIAL BY JURY IN
ANY ACTION, SUIT, OR PROCEEDING ARISING OUT OF, IN CONNECTION WITH OR RELATING TO, THIS
AGREEMENT, THE OTHER LOAN DOCUMENTS AND ANY OTHER TRANSACTION CONTEMPLATED HEREBY
AND THEREBY. THIS WAIVER APPLIES TO ANY ACTION, SUIT OR PROCEEDING WHETHER SOUNDING IN
TORT, CONTRACT OR OTHERWISE.
3
Contract No: 1554100 I
Asset No. 57230
Elko, Nevada
4816-5377-3827.3
00\)415
11. SPECIAL DISPUTE RESOLUTION PROVISIONS. Lender, each of the ether Lender Parties, and each
Credit Party intend and agree that the immediately preceding Section 10, in which the parties agree to waive their rights to a
jury trial, is valid and shall be given effect. If, however, notwithstanding the submission to jurisdiction set forth above (and
without intending hereby to waive such submission to jurisdiction), any action or proceeding is filed and maintained in a court
of the State of California by or against any party in connection with this Agreement or any of the transactions contemplated by
the other Loan Documents, and if, in that action or proceeding the provisions of Section 10 are held to be invalid or
unenforceable for any reason, the parties agree that, pursuant to California Code of Civil Procedure Section 638, et seq.
(collectively, "Section 638") the following shall be the sole method for dispute resolution: (a) the parties shall move the court
to appoint one referee to hear and detennine all of the issues in such action or proceeding (whether of fact or of law) and to
report a statement of decision, provided that at the option of Lender, any such issues pertaining to a "provisional remedy" as
defined in California Code of Civil Procedure Section 1281.8 shall be heard and detennined by the court; (b) the parties shall
base this request upon the fact that they are parties to a written contract that provides that any controversy arising therefrom
shall be heard by a referee, and the parties hereto intend that this provision create a reference agreement within the meaning of
Section 638; (c) the parties shall confer in good faith and seek to agree upon a referee and move that such person be
appointed; (d) if the parties are unable to agree upon the person who shall serve as referee within 30 days following the filing
of the complaint, then each party shall submit to the court within 30 days thereafter up to three nominees for appointment as
referee and shall move the court to appoint one person from among the nominees against whom there is no legal objection; (e)
each person nominated by a party must either be (i) a fonner or retired judge with experience adjudicating commercial cases
or (ii) an attorney with at least 10 years of experience litigating commercial disputes; and (t) the Credit Parties shall be
responsible to pay all fees and expenses of any referee appointed in such action or proceeding,
12. Entire Agreement. This Agreement embodies the entire agreement of the parties and supersedes all prior
agreements and understandings, oral or written, relating to the subject matter hereof. Each Credit Parthy acknowledges and
affirms that such Credit Party did not rely on any statement, oral or written, not contained in this Agreement or the other Loan
Documents in making its decisions to enter into this Agreement.
[SIGNATURE PAGE TO FOLLOW]
4
Contract No: 1554100 I
Asset No. 57230
Elko, Nevada
4816-5377-3827.3
~VV"'%.LU
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date and
year first hereinabove written.
LENDER:
GENERAL ELECTRIC CAPITAL
J~aWM"o~omtioo
Pdotod N""" . ~ Oordon
Its AuthorIzed Signatory Authorized Signiltory
8377 East Hartford Drive
Suite 200
Scottsdale, Arizona 85255
Attention: Portfolio Management
STATE OF ~
COUNTY OF . l;\ W jv
01 t1 .2009, me, the undersigned, a ~ot{i{~}"u.blif e. ~~?.r~!'..i'· and or said State
personally appeared known to me to be the~b1ÆJeneral
c Capital orporation, a Delaware corporation, and ackl10wiedged to me that such -d1dividual
xecute t e with' i trument on behalf of said corporation WITNESS my hand and official seal.
)
)SS
)
Jennifer Neifert
NOTARY PUBLIC.. ARIZONA
MARICOPA COUNTY
My Commission Expires
September 30, 2012
5
Contract No: 15541001
Asset No. 57230
Elko, Nevada
4816-5377-3827.3
0004j.7
BORROWER:
GBDB OF UTAH, LC, a Utah limited liability
company
~if~~~
2280 South Main Street,
Salt Lake City, Utah 84115
Attention: Mr. William Ellis, Chief Financial Officer
STATE OF ~
COUNTY OF ~
)
)SS
)
On SU\ ~ , 2009, before me, the undersigned, a ~~UbliC in and for said State
personally appeared hYVt "'- Wloo rV1<nown to me to be the e¥V\...~ of GBDB of
Utah, LC, a Utah li~, and acknowledged to me that such individual executed the
w' instrumen on 6ehalf of aidJimited liability company WITNESS my hand and official seal.
NOTARY PUBLIC
EMILY M. HARDING
2280 So. Main Street
Salt Lake City. Utah 84115
My Commission Expires
April 21, 2012
STATE OF UTAH
III KINGS DEVELOPMENT, LLC,
a Utah limited liability company
BY~~
Prin~ IA/I/Á W\ \AJ ì l\ \aM. ~
Its:
2280 South Main Street,
Salt Lake City, Utah 84115
Attention: Mr. William Ellis, Chief Financial Officer
STATE OF \}Jeth
COUNTY OF~ ~
)
)SS
)
¡.. 2009, b~fore me, the undersigned, a ~VV\ Pub~and for said State
personally appeared own to me to be the -th'\, of III Kings
Development, LLC, a Utah limited liability company, and acknowledged to me that such individual
exec ed the within instrument on behalf of said limited liability company WITNESS my hand and
o c· I seal. .
NOTARY PUBLIC
EMILY M, HARDING
2280 So. Main Street
Salt Lake City, Utah 84115
My Oommllslon Expires
April 21, 2012
STATE
001
Asset No, 57230
Elko, Nevada
6
4816-5377-3827.3
[SEAL]
OOü41.8
7
Contract No: 15541001
Asset No. 57230
Elko, Nevada
4816-5377-3827.3
ûOô41.9
CORPORATE GUARANTORS:
HB BOYS, L,C., a Utah limited liability company
BY'~(~~
Printed Name: .¡ .
Its:~
STATE OF \MtIvh
COUNTY OF ~ lAk..v
2280 South Main Street
Salt Lake City, UT 84115
Attention: Mr. William Ellis, Chief Financial Officer
)
)SS
)
On (fiAt' ~ 2009, before me, the undersigned, a Notary Public in and for said State
personally appeared \)wíA IV\ '-'M\\4W\G known to me to be the m-tM bq- ofHB Boys,
L.C., a Utah limited liability company, and acknowledged to me that such individual executed the within
in ent on behalf of said limited~ liability company WITNESS my hand and official seal.
NOTARY PUBLIC
EMILY M. HARDING
2280 So. Main Street
Salt Lake City, Utah 8-i 115
My Commission Expires
April 21, 2012
STATE OF UTAH
HB PROPERTIES, L,C., a Utah limited liability
company
By~ C6 ~
Printed Name~'._ \2.... ç:,vc
Its: ~oc-- .-
2280 South Main Street
Salt Lake City, UT 84115
Attention: Mr. William Ellis, Chief Financial Officer
STATE OF \^k6th
COUNTY OF ~ ~
)
)SS
)
On , 2009, before me, the undersigned, a Notary Public in and for said State
personally appeared l known to me to be the rv1-Un ~ of HB
Pro ies, L.C., a Utah limited liability company, and acknowledged to me that such individual executed
th w thin ins ment on behalf of said limited liability company WITNESS my hand and official seal.
8
4816-5377-3827.3
[SEAL]
COô420
BDSB OF UTAH, L.e., a Utah limited liability
,O~
By: ~ '
P,mtodNom" _ . ~~~
Its:~¡-
2280 South Main Street
Salt Lake City, UT 84115
Attention: Mr. William Ellis, Chief Financial Officer
STATE OF \ÅMJ\.
COUNTY OF ~
)
)SS
)
On ~ ~, 2009" before me, the undersigned, a Notary Public in and for said State
personally appeared ~rv1 vn lililh~ known to me to be the ty\-t-Yh~ ofBDSB of
Ut , L.C., a Utah limited liability company, and acknowledged to me that such individual executed the
n instrument on be If of said limited liability company WITNESS my hand and official seal.
Notary Publi I
said County a
[SEAL]
NOTARY PUBLIC
EMILY M. HARDING
2280 So, Main Street
Salt Lake City, Utah 84116
My Comml..lon Ellplr8B
A rl121,2012
ß.
2280 South Main Street
Salt Lake City, UT 84115
Attention: Mr. William Ellis, Chief Financial Officer
STATE OF \A;~ )
)SS
COUNTY OF ~laJl.e- )
On lU'\. ~ 2009, before me, the undersigned, a Notary Public in and for said State
personally appeared . known to me to be the ~ ofBDSB of
Eastern Idaho, L.C., an Idaho limited liability company, and acknowledged to me that such individual
ex ted the within instrument on behalf of said limited liability company WITNESS my hand and
o ial seal.
9
NOTARY PUBLIC
EMILY M. HARDING
2280 So. Main Street
Salt Lake City, Utah 84116
My Commll8lon Expires
April 21, 2012
Notary Public i and for
said County and State
[SEAL]
4816-5377-3827.3
Asset No. 57230
Elko, Nevada
STATE OF ~
COUNTY OF ~& ~
)
)SS
)
000421
2280 South Main Street
Salt Lake City, UT 84115
Attention: Mr. William Ellis, Chief Financial Officer
On , 2009, before me, the undersigned, a Notary Public in and for said State
personally appeared' -. known to me to be the V\f\.(~ of BDSB of
Western Idaho, L.C., an Idaho limited liability company, and acknowledged to me that such individual
exec ted the .within instrument on behalf of said limited liability company WITNESS my hand and
o al seal.
On 200 _ before me, the undersigned, a Notary Public in and for said State
personally appeared I known to me to be the t\t1tyV1,btr ofBDSB Far
West of Idaho, L.C., an Idaho limited liability company, and acknowledged to me that such individual
exe ted the within instrument on behalf of said limited liability company WTINESS my hand and
o al seal.
Notary Publici od f~r¡'¡ fAkitM
said County an State ~, ()
Notary Public'
said County an
[SEAL]
NOTARY PUBLIC
EMILY M. HARDING
2280 So. Main Street
Salt Lake City, Utah 84115
My Commission Expires
April 21. 2012
STATE OF UTAH
STATE OF \ MtJ.h )
v
r _ o-.L \ .... L~.it , )SS
COUNTY OF ~ )
4816-5377-3827.3
WEST OF IDAHO, L.c., an Idaho
ility company
2280 South Main Street
Salt Lake City, UT 84115
Attention: Mr. William Ellis, Chief Financial Officer
10
,·_~--··QÑOTARY PUBLIC
EMILY M. HARDING
2280 So, Main Street
Salt Lake City, Utah 84115 t
My Commlsalon expires l
April 21, 2012
STATB:Å“cUlMli'£41O
Asset No. 57230
Elko, Nevada
[SEAL]
OOv.422
BDSB OF NORTHEAST, LC, an Idaho limited
li'~
By:
PrintedN...e, í~~
Its: YVìtmbt? .
2280 South Main Street
Salt Lake City, UT 84115
Attention: Mr. William Ellis, Chief Financial Officer
STATE OF ~
COUNTY OF, Çd+ lstk-v
)
)SS
)
On , 2009, befor~ me, the undersigned, a Notary Public in and for said State
personally appeared - , 10wn to me to be the VY1aY1 be,ý" of BDSB of
Nort east, LC, an Idaho limited liability company, and acknowledged to me that such individual executed
the ithin instrument on b half of sai~ limited liability company WITNESS my hand and official seal.
Notary Public i
said County an
[SEAL]
.....,...........-.-
; NOTARY PUBLIC
Ii 1,,~t.-~F'tIt4>.~ EMILY M. HARDING
'; , ~ 2280 So. Main Street
~= .:1 Salt Lake City, Utah 84116
~ ,... 'i'! My Commission Expires
I " ",,1 . April 21, 2012
I ~ S1'ATJi: OF UTAH
__......--.....I¡.8If~".~~~
BDB OF SALMON, LC, an Idaho limited liability
,O~
:;~ted Nwne, ~ ìi(~
Its: Yy)PM b.,er
Address for Notices:
2280 South Main Street
Salt Lake City, UT 84115
Attention: Mr. William Ellis, Chief Financial Officer
STATE OF _V\k:;t¥\
COUN1Y OFÇaL+~
)
)SS
)
EMILY M. HARDING
2280 So. Main Street
3alt Lake City, Utah 84116
My Commission Expires
April 21, 2012
STATE OF UTAH
11
Contract No: 15541001
Asset No, 57230
Elko, Nevada
4816-5377-3827.3
000.423
BDSB OF WYOMING, L.C., a Wyoming limited
l¡'b¡~
,
By: f.'
~~~nted Nome' __ ~ _¿1d~~
Address for Notices:
2280 South Main Street
Salt Lake City, UT 84115
Attention: Mr. William Ellis, Chief Financial Officer
STATE OF \1\tth )
(' 6 L \ A I J/) . )SS
COUNTYOF~ )
On ð~ 2If , 2009, pefore me, the undersigned: a Notary Public in and for said State
personally appeared .þAAI\Á. W\.. úhllt(ýl~ known to me to be the M-tW\,~ ofBDSB of
Wyoming, L.C., a Wyoming limited liability company, and acknowledged to me that such individual
ex ted the within instrument on behalf of said limited liability company WITNESS my hand and
o eel ",,1.' jt(~
Notary Publi . and for
said County and State
[SEAL]
:i·-----~~ NOTARY PUBLIC
\. ..~~~&rl\~~ EMILY M. HARDING
f,." ~ 2280 80, Main Street
. ~ . . ~v Salt Lake City. Utah 84115
~, !i My Commission Expires
"'f:r. ,,~ Aprtl21,2012
~..... STATE OF UTAH
1.........-_.......- _.--.~.___- .
ELLIS:
~ ~~.~
WILLIAM R. ELLIS, an individual
8231 Kingsdale Drive
Huntington Beach, CA 92646
STATE OF _\A,-\tih
COUNTY OF SAÅt- ~
On .(Já.h ~ , 2009, before me, the undersigned, a Notary Public in and for said State
per onally appeared William R. Ellis, and acknowledged to me that such individual executed the within
i st ment WITNESS y and an offici seal.
)
)SS
)
12
4816-5377-3827.3
[SEAL]
OOô424
)
)SS
)
On Jl.U'\ ~ 2009, before me, the undersigned, a Notary Public in and for said State personally
ap ed David M. Williams, and acknowledged to me that such individual executed the within
in t t d official seal.
STATEOF~
COUNTY OF StltlA(æ..,
w~
u1t¡¿~
DAVID. M. WlLL~ individual ~ 16 "
J~~~ ~ uJUr
NOTARY PUBLIC
EMILY M. HARDING
2280 So, Main Street
Salt Lake City, Utah 84115
My Commllltlon Expires
April 21 ,2012
STATE OF UTAH
0& /( h1w&
GARY K OORE, an mdivldual
2439 Bear Hills Circle
Draper, UT 84020
·'_........_____-_T
STATE OF
\Å;~
)
)SS
)
COUNTY OF ~ LA¥-v
On l~(\ "tIl-, 2009, before me, the undersigned, a Notary Public in and for said State personally
app ared Gary K. Moore, and acknowledged to me that such individual executed the within instrument
a 1 i 1.
STATE OF
NOTARY PUBLIC
EMILY M, HARDING
2280 So, Main Street
8alt Lake City, Utah 84115
My Commission Expires
April 21, 2012
STATE OP UTAH
~
RID~
WILLIAM E. RIDE UR ~ individual
21542 Hanakai Lane
Huntington Beach, CA 92646
COUNTY OF..ÇU.f ~
)
)SS
)
On ~AA ~, 2009, before me, the undersigned, a Notary Public in and for said State
personally appeared William E. Ridenour, and acknowledged to me that such individual executed the
within instrument WITNESS my hand and official seal.
13
Contract No: 15541001
Asset No, 57230
Elko, Nevada
4816-5377-3827.3
OOû.425
Notary Public in a d for
said County and State
[SEAL]
I)
NOTARY PUBLIC
EMILY M, HARDING
228080. Main Street
Salt Lake City, Utah 84115
My Commlttlon ExpIres
April 21, 2012
STATE OF UTAH
14
Contract No: 15541001
Asset No. 57230
Elko, Nevada
4616-5377-3627.3
SCHEDULE 1
00&426
LOAN DESCRIPTIONS
EXISTING LOANS
Contract No. Date of Note Original Principal Loan
Amount
33775 November 5, 2007 $14,000,000
33776 November 5, 2007 $2,389,389
14276001 November 5, 2007 $1,000,000
14276002 November 5,2007 $1,100,000
NEW LOAN
Contract No. Original Principal Loan Amount
15541001 $1,632,000
15 Contract No: 15541001
Asset No. 57230
Elko, Nevada
4816-5377-3827.3
"
Site
2
3
4
5
4816-5377-3827.3
SCHEDULE 2
EXISTING DEEDS OF TRUST
1
Address
1750 N. Yellowstone Ave., ill Falls, ill 83401
1665 Sunset Dr., RS, WY 82901
114 W. 500 N., Burley, ill 83318
360 Blue Lake Blvd. No., Twin Falls, ill
83301
4508 N. Yellowstone Ave., Chubbuck, ill
83202
16
úOô427
Deed of Trust Security Agreement,
Assigment of Rents, Financing Statement
and Fixture Filing made as of November 5,
2007 by HB Properties, L.C., a Utah limited
liability company for the benefit of General
Electric Capital Corporation, as beneficiary,
recorded in Bonneville County, State of
Idaho on 11/7/07 as Instrument No. 282204
Mortgage Assignment of Rents, Security
Agreement, and Fixture Filing made as of
November 5, 2007 by HB Properties, L.C., a
Utah limited liability company for the
benefit of General Electric Capital
Corporation, as beneficiary, recorded in
Sweetwater County, Wyoming on 11/9/07
as Record #1519944; Bk#1107; Pg#0937
Deed of Trust Security Agreement,
Assigment of Rents, Financing Statement
and Fixture Filing made as of November 5,
2007 by HB Properties, L.C., a Utah limited
liability company for the benefit of General
Electric Capital Corporation, as beneficiary,
recorded in Minidoka County, Rupert, Idaho
on 11/8/07 as Instrument #493834
Deed of Trust Security Agreement,
Assigment of Rents, Financing Statement
and Fixture Filing made as of November 5,
2007 by HB Properties, L.e., a Utah limited
liability company for the benefit of General
Electric Capital Corporation, as beneficiary,
recorded in Twin Falls County, Idaho on
11/8/07 as 2007-027207
Deed of Trust Security Agreement,
Assigment of Rents, Financing Statement
and Fixture Filing made as of November 5,
2007 by HB Properties, L.C., a Utah limited
liability company for the benefit of General
Electric Capital Corporation, as beneficial)',
recorded in Bannock County, Idaho 011
11/8/07 as 20726812
Contract No: 15541001
Asset No. 57230
'Elko, Nevada
6
7
8
9
10
11
4816-5377-3827.3
1998 S. Main, Nephi, UT 84648
1237 Highway 92 No., Wells, NY 89835
1121 Broadway Ave., Boise, ill 83706
1465 W. Broadway, ill Falls, ill 83402
8378 W. Overland Rd., Boise, ill 83709
2785 S. Lincolh, Jerome, ill 83338
17
00iì428
Deed of Trust Security Agreement,
Assigment of Rents, Financing Statement
and Fixture Filing made as of November 5,
2007 by BDSB of Utah, L.C., a Utah limited
liability company for the benefit of General
Electric Capital Corporation, as beneficiary,
recorded in Juab County, Utah on 11/9/07 as
Entry No. 00251221; B: 0515; P: 0961
Deed of Trust Security Agreement,
Assigment of Rents, Financing Statement
and Fixture Filing made as of November 5,
2007 by HB Properties, L.C., a Utah limited
liability company for the benefit of General
Electric Capital Corporation, as beneficiary,
recorded in Elko County, NV, on 11/8/07 as
Doc #584295
Deed of Trust Security Agreement,
Assigment of Rents, Financing Statement
and Fixture Filing made as of November 5,
2007 by HB Properties, L.C., a Utah limited
liability company for the benefit of General
Electric Capital Corporation, as beneficiary,
recorded in Ada County, Boise, Idaho on
11/7/07 as 107151073
Deed of Trust Security Agreement,
Assigment of Rents, Financing Statement
and Fixture Filing made as of November 5,
2007 by HB Properties, L.C., a Utah limited
liability company for the benefit of General
Electric Capital Corporation, as beneficiary,
recorded in Bonneville County, Idaho on
11/7/07 as Instrument No. 1282206
Deed of Trust Security Agreement,
Assigment of Rents, Financing Statement
and Fixture Filing made as of November 5,
2007 by HB Properties, L.C., a Utah limited
liability company for the benefit of General
Electric Capital Corporation, as beneficiary,
recorded in Ada County, Boise, Idaho on
11/7/07 as 107151075
Deed of Trust Security Agreement,
Assigment of Rents, Financing Statement
and Fixture Filing made as of November 5,
2007 by HB Properties, L.e., a Utah limited
liability company for the benefit of General
Electric Capital Corporation, as beneficiary,
recorded in Jerome County, Jerome, Idaho
on 11/8/07 as Instrument #2076743
Contract No: 15541001
Asset No, 57230
Elko, Nevada
12
13
14
4816-5377-3827.3
6490 S. Eisenman Rd., Boise, ill 83716
8515 W. Fairview Ave., Boise, ill 83704
37 W. Swift Creek Lane, Afton, WY 8311 0
18
000429
Deed of Trust Security Agreement,
Assigment of Rents, Financing Statement
and Fixture Filing made as of November 5,
2007 by HB Properties, L.e., a Utah limited
liabílíty company for the benefit of General
Electric Capital Corporation, as beneficiary,
recorded in Ada County, Boise, Idaho on
11/7/07 as 107151077
Deed of Trust Security Agreement,
Assigment of Rents, Financing Statement
and Fixture Filing made as of November 5,
2007 by HB Properties, L.e., a Utah limited
liabílíty company for the benefit of General
Electric Capital Corporation, as beneficiary,
recorded in Ada County, Boise, Idaho on
11/7/07 as 107151079
Mortgage Assignment of Leases and Rents,
Security Agreement, and Fixture Filing
made as of November 5, 2007 by HB
Properties, L.C., a Utah limited liability
company for the benefit of General Electric
Capital Corporation, as beneficiary,
recorded in Lincoln County, Kemmerer,
Wyoming on 11/13/07 as Receiving
#934762; Book: 678; Page 368
Contract No: 15541001
Asset No. 57230
Elko, Nevada
000430
EXHIBIT A
EXISTING SITES
Site Address
1 1750 N. Yellowstone Ave., ill Falls, ill 83401
2 1665 Sunset Dr., RS, WY 82901
3 114 W. 500 N., Burley, ill 83318
4 360 Blue Lake Blvd. No., Twin Falls, ill 83301
5 4508 N. Yellowstone Ave., Chubbuck, ill 83202
6 1998 S. Main, Nephi, UT 84648
7 1237 Highway 92 No., Wells, NY 89835
8 1121 Broadway Ave., Boise, ill 83706
9 1465 W. Broadway, ill Falls, ill 83402
10 8378 W. Overland Rd., Boise, ill 83709
11 2785 S. Lincoln, Jerome, ill 83338
12 6490 S. Eisenman Rd., Boise, ill 83716
13 8515 W. Fairview Ave., Boise, ill 83704
14 37 W. Swift Creek Lane, Afton, WY 83110
NEW SITE
Site
Address
2460 Mountain City Highway, EIko, Nevada 89801
19
Contract No: 15541001
Asset No, 57230
Elko, Nevada
4816-5377-3827.3