WHEN RECORDED, PLEASE RETURN TO:

D. Matthew Dorny
Nu Skin Enterprises, Inc.
75 West Center Street
Provo, Utah 84601

UTAH DEED OF TRUST

         THIS TRUST DEED (this “Trust Deed”) is executed as of the 5th day of
July, 2001, by JOSEPH Y. CHANG and WAN PING CHANG (collectively, the
“Trustors”), in favor of METRO NATIONAL TITLE (“Trustee”), and NU SKIN
ENTERPRISES, INC., a Delaware corporation (“Beneficiary”), whose address is 75
West Center Street, Provo, Utah 84601.

         FOR good and valuable consideration, and in order to secure for the
benefit of Beneficiary the following obligations (collectively, the
“Obligations”): (i) the timely payment and performance of the obligations of
Trustor under this Trust Deed, under the promissory note (the “Note”) of even
date with this Trust Deed, executed by Trustors, as maker, in favor of
Beneficiary, as payee, in the principal amount of Five Hundred Thousand Dollars
($500,000.00), payable with interest as set forth in the Note, and under any
other instruments given to further evidence or secure such obligations, as this
Trust Deed, the Note or such other instruments may be extended, renewed,
modified, amended or replaced from time to time; and (ii) the payment of any
loans or advances made after the date of this Trust Deed for any purpose by
Beneficiary to Trustors,

         TRUSTORS CONVEY, WARRANT AND TRANSFER TO TRUSTEE, IN TRUST, WITH POWER
OF SALE, the following:

         The land (the “Land”) located in Salt Lake County, Utah, more
particularly described as follows:

         Parcel 1:

         All of Lot 747, contained within PEPPERWOOD PHASE 7B, as said Lot is
identified in the Plat of said Development, recorded in Salt Lake County, Utah,
as Entry No. 5739632, in Book 94-2, at Page 43, and in the Declaration of
Covenants, Conditions and Restrictions, recorded in Salt Lake County, Utah, on
February 15, 1994, as Entry No. 5739633, in Book 6873, at Page 663. TOGETHER
WITH a right and easement of use and enjoyment in and to the Common Areas
described, and as provided for, in said Declaration of Covenants, Conditions,
and Restrictions, which include, without limitation, an easement for vehicular
ingress and egress over and across said Common Areas to and from said Lot and
Pepperwood Drive, a physically open and legally dedicated public street,

which Parcel 1 has the address of 7 South Courtside Lane, Sandy, Utah 84092.

         Parcel 1A:

         TOGETHER WITH a perpetual right of way to use and enjoy those portions
of PEPPERWOOD SUBDIVISION, any and all Phases, which are identified and will be
identified as Lot “A”, being the streets within the subdivision.

         TOGETHER WITH all buildings, structures and other improvements on or
after the date of this Trust Deed located on the Land (collectively, the
“Improvements”), and all air and water rights, water stock, rights-of-way,
easements, tenements, hereditaments, possessory rights, claims (including mining
claims), privileges, appurtenances and fixtures belonging to, or used or enjoyed
with, all or any part of the Land, including, without limitation, all right,
title and interest of Trustors, now owned or acquired after the date of this
Trust Deed. The Land, the Improvements and all of the foregoing are collectively
referred to in this Trust Deed as the “Property.”

         TRUSTORS AGREE WITH TRUSTEE AND BENEFICIARY AS FOLLOWS:

         1.     Obligations; Certain Proceedings.  Trustors shall timely pay and
perform the Obligations and all obligations under any other encumbrance or lien
on the Property. Trustors shall maintain this Trust Deed as a valid lien on, and
security interest in, the Property of equal priority to that created by this
Trust Deed, shall preserve and protect Trustors’ interests in the Property and
the interests of Trustee and Beneficiary under this Trust Deed, and shall appear
in and defend any action or proceeding which may affect the Property or the
obligations of Trustors or the interests of Trustee or Beneficiary under this
Trust Deed. 

         2.     Maintenance and Use.  Trustors shall occupy, establish and use
the Property as Trustors’ principal residence within sixty days after this
execution of this Trust Deed. Trustors shall (a) maintain the Property in good
condition and repair, (b) comply with all laws, ordinances, rules, regulations,
covenants, conditions and restrictions relating to the Property, (c) not permit
nuisances to exist or commit or permit waste in or on the Property, (d) promptly
complete in a good and workmanlike manner any Improvements which may be
constructed, and promptly restore and repair in like manner any Improvements
which may be damaged or destroyed, (e) preserve and extend all rights, licenses
and permits (including, without limitation, zoning variances, special
exceptions, special permits and non-conforming uses) which are applicable to the
Property, and (f) immediately on discovery, clean up all hazardous substances,
hazardous wastes, pollutants and contaminants located on the Property. Trustors
shall do or refrain from doing any act which, from the character or use of the
Property, is reasonably necessary to protect and preserve the fair market value
of the Property, any specific enumerations in this Trust Deed not limiting such
general obligation. Trustors shall indemnify, defend and hold harmless Trustee
and Beneficiary from and against all liabilities, claims, losses, damages, costs
and expenses (including, without limitation, cleanup costs and attorneys’ fees)
directly or indirectly arising out of, related to or connected with any
hazardous substances, hazardous wastes, pollutants or contaminants located on
the Property. The liability of Trustors under the indemnity set forth in the
preceding sentence shall arise on the discovery of an unacceptable environmental
condition and shall survive the exercise of the power of sale, foreclosure of
this Trust Deed as a mortgage or any other event. (As used in this Trust Deed,
the terms “hazardous substances,” “hazardous wastes,” “pollutants” and
“contaminants” mean any substances, wastes, pollutants or contaminants included
within those respective terms under any law, ordinance, rule or regulation,
whether now existing or enacted or amended after the date of this Trust Deed.)

         3.     Development.  Without Beneficiary’s prior written consent,
Trustors shall not do any of the following: (a) make any material change to the
Property or to the use of the Property; (c) initiate or support any zoning
reclassification of the Property, seek any variance under existing zoning
ordinances applicable to the Property or use or permit the use of the Property
in a manner which would be a nonconforming use under applicable zoning
ordinances; (d) impose any covenants, conditions, restrictions, easements or
rights-of-way on the Property, execute or file any subdivision plat affecting
the Property or consent to the annexation of the Property to any municipality;
or (e) permit the Property to be used by any person in such manner as might make
possible a claim of adverse usage or possession or of implied dedication or
easement.

         4.     Payment of Certain Impositions.  Trustors shall pay when due all
taxes, assessments and charges relating to or levied against the Property,
including, without limitation, real and personal property taxes, general and
special assessments, utility charges, mechanics’ and materialmen’s charges, and
charges arising from any covenants, conditions or restrictions relating to the
Property.  Trustors shall also pay to Beneficiary the amount of all taxes,
assessments and charges which may be levied by any governmental authority on
this Trust Deed, the Obligations or Beneficiary by reason of the interest of
Beneficiary under this Trust Deed.  Upon the request of Beneficiary, Trustors
shall deliver to Beneficiary official receipts of the appropriate taxing or
other authority or other proof satisfactory to Beneficiary within ten (10) days
after the date any such taxes, assessments or charges are due and payable,
evidencing the payment of such taxes, assessments or charges.  Trustors may
contest in good faith the validity of any mechanic’s or materialman’s lien. 

         5.     Insurance.  Trustors shall maintain insurance policies
(collectively, the “Policies”) with respect to the Property, in amounts and
forms and with deductibles acceptable to Beneficiary, providing hazard insurance
insuring against fire, extended coverage risks and such other risks as
Beneficiary may require, including, without limitation, the risk of damage
caused by earthquake and flooding, with replacement cost coverage and agreed
value endorsement. The hazard insurance policy shall contain a standard lender’s
loss payable endorsement, in favor of and in a form acceptable to Beneficiary. 
Beneficiary shall be named as an additional insured under the liability
insurance policy, and such insurance shall be primary and non-contributing in
the event of loss with any other insurance Beneficiary may carry.  The insurers
concerned shall agree that the coverage under the Policies will not be modified
or canceled unless at least thirty (30) days advance written notice of the
proposed modification or cancellation has been given to Beneficiary. 
Beneficiary may review the Policies from time to time and require that the same
be modified so as to protect Beneficiary’s interests.  Such insurance shall be
carried with companies approved by Beneficiary. Trustors shall deliver to
Beneficiary (at the option of Beneficiary) either the originals of the Policies
or certificates duly executed by the insurers evidencing such insurance
coverage.  All renewal and replacement policies must be delivered to Beneficiary
at least fifteen (15) days before the expiration of the old policies. 

         6.     Reserve.  On written notice by Beneficiary to Trustors, Trustors
shall pay to Beneficiary on the first day of each month an amount equal to
one-twelfth (1/12) of all taxes, assessments and insurance premiums required to
be paid under this Trust Deed by Trustors, in such manner as to provide
Beneficiary with sufficient funds to pay such taxes, assessments and premiums at
least thirty (30) days prior to their respective due dates.  Such funds may be
commingled with other funds of Beneficiary, shall not bear interest and shall
periodically be used by Beneficiary for the payment of such taxes, assessments
and premiums.  Nothing contained in this Trust Deed shall cause Beneficiary to
be deemed a trustee of such funds or to be obligated to pay any amounts in
excess of such funds.  If such funds are insufficient to pay all of such taxes,
assessments and premiums, Trustors shall immediately pay the deficiency to
Beneficiary.

         7.     Condemnation or Damage.  Trustors shall immediately give written
notice to Beneficiary of the institution of any proceedings for the taking of
the Property or of the occurrence of any damage to the Property, and Beneficiary
shall receive all compensation, awards and insurance and other proceeds
(collectively, the “Proceeds”) distributed in connection with such taking or
damage.  Each person concerned is authorized and directed to make payments for
such taking or damage directly to Beneficiary, instead of to Beneficiary and
Trustors jointly.  Beneficiary may, but shall not be obligated to, commence,
appear in and prosecute in its own name any action or proceeding and make any
compromise or settlement in connection with such taking or damage.  After
deducting from the Proceeds all costs and expenses (including attorneys’ fees)
incurred by Beneficiary in connection with such action, proceeding, compromise
or settlement, Beneficiary may use the Proceeds to reduce the Obligations
(whether or not then due) or to restore or repair the Property damaged.  If
Beneficiary determines to use the Proceeds for restoration and repair of the
Property, the Proceeds shall be made available to Trustors for use in restoring
or repairing the Property in accordance with plans and specifications and
construction arrangements approved by Beneficiary.  Beneficiary or its nominee
shall hold the Proceeds and from time to time shall, on compliance with such
conditions or requirements as may be imposed by Beneficiary, disburse portions
of the Proceeds to Trustors or to those entitled to the Proceeds as progress is
made on such restoration and repair.  If any of the Proceeds remain after the
entire costs of such restoration and repair have been paid, Beneficiary may use
such remaining Proceeds to reduce the Obligations (whether or not then due) or
may remit the same to Trustors. 

         8.     Assignment of Leases and Rents.  In the event Beneficiary
consents to Trustors leasing or renting the Property in the future, Trustors
absolutely, irrevocably and unconditionally assign to Beneficiary all future
leases, subleases and rental agreements covering the Property (collectively, the
“Leases”), and all rents, issues, profits and income (including security
deposits) arising from the Property (collectively, the “Rents”), together with
the right, power and authority to enforce the Leases, collect the Rents and
apply the Rents to any of the Obligations.  Notwithstanding anything contained
in this Trust Deed to the contrary, the assignment set forth in the preceding
sentence is an absolute, irrevocable and unconditional present assignment from
Trustors to Beneficiary and not merely the passing of a security interest. 
Trustors may, on behalf of Beneficiary, enforce the Leases and collect the Rents
(but not more than one (1) month in advance) at any time a default does not
exist under this Trust Deed and an event or condition does not exist which with
the giving of notice or lapse of time or both would result in a default under
this Trust Deed. Trustors shall hold the Rents so collected in trust for
Beneficiary and shall use so much of the Rents as is required for the
satisfaction of the Obligations. On the occurrence of a default under this Trust
Deed or an event or condition which with the giving of notice or lapse of time
or both would result in a default under this Trust Deed, the right of Trustors
to enforce the Leases and collect the Rents shall automatically terminate, and
Trustors shall immediately pay to Beneficiary all of the Rents then held by
Trustors. All tenants, lessees and other persons having any obligation to make
any payment in connection with the Property are authorized and directed to make
such payment directly to Beneficiary on the demand of Beneficiary. The receipt
by Beneficiary of such payment shall be a good and sufficient discharge of the
obligation of the tenant, lessee or other person concerned to make the payment
connected with the amount so received by Beneficiary. Nothing contained in this
Paragraph shall be construed to make Beneficiary a mortgagee in possession or
make Beneficiary responsible for any matters relating to the Property or the
Leases.

         9.     Transfers and Encumbrances.  Without the prior written consent
of Beneficiary, which may be withheld by Beneficiary in its sole discretion,
Trustors shall not, directly or indirectly, do any of the following: (a) sell,
convey, assign or transfer the Property, the Leases or the Rents, or contract to
do so, voluntarily, involuntarily or by operation of law; or (b) lease, rent or
otherwise surrender possession of the Property, or contract to do so,
voluntarily, involuntarily, or by operation of law.  Beneficiary’s consent to
one or more of such transactions shall not be a waiver of the right to require
such consent with respect to any subsequent or successive transactions.  Such
consent of Beneficiary may be conditioned on satisfaction of such requirements
as Beneficiary may impose. 

10.     Mortgagee Title Insurance. At the request of Beneficiary, Trustors shall
provide to Beneficiary a policy of title insurance insuring the lien of this
Trust Deed, in form and amount, and issued by a company, acceptable to
Beneficiary.

         11.     Representations and Warranties.  Trustors covenant with, and
represent and warrant to, Trustee and Beneficiary that all of the following
statements are true as of the date of this Trust Deed and will remain true: (a)
Trustors are lawfully seized of indefeasible fee simple marketable title to the
Property; (b) this Trust Deed has been duly executed by Trustors, and the
Property has been duly conveyed to Trustee under this Trust Deed; (c) the
Property is free and clear of all liens, encumbrances and interests of third
parties not approved in writing by Beneficiary; (d) Trustors will defend title
to the Property against all claims and demands; (e) all of the Personal Property
has been paid for in full, is owned solely by Trustors and is not used and was
not bought for personal, family or household purposes; and (f) all obligations
incurred by Trustors in connection with or which relate to the Property are
current and without default.

         12.     Default.  Trustors shall be in default under this Trust Deed on
the occurrence of any of the following: (a) Trustors fail to timely pay or
perform any of the Obligations; (b) an event of default occurs under any lien or
encumbrance affecting the Property; (c) Trustors or any guarantor of the
Obligations (i) files a voluntary petition in bankruptcy or files a petition or
answer seeking or acquiescing in a reorganization, arrangement, composition,
readjustment, liquidation, dissolution or similar relief under any present or
future law or regulation relating to bankruptcy, insolvency or other relief for
debtors, (ii) consents to or acquiesces in the appointment of a trustee,
receiver or liquidator of Trustors or such guarantor, the Property or the Rents,
(iii) makes a general assignment for the benefit of creditors, or (iv) admits in
writing its inability to pay its debts generally as they become due; (d) a court
of competent jurisdiction enters an order, judgment or decree approving a
petition filed against Trustors or such guarantor seeking a reorganization,
arrangement, composition, readjustment, liquidation, dissolution or similar
relief under any present or future law or regulation relating to bankruptcy,
insolvency or other relief for debtors; (e) a trustee, receiver or liquidator of
Trustors, such guarantor, the Property or the Rents is appointed without the
consent or acquiescence of Trustors or such guarantor; (f) a writ of execution,
attachment or similar process is issued or levied against the Property or the
Rents or a judgment involving monetary damages is entered against Trustors which
becomes a lien on the Property or the Rents; (g) any representation or warranty
contained in this Trust Deed or in any other instrument executed by Trustors is
or becomes untrue; or (h) a change occurs in the condition or affairs (financial
or otherwise) of Trustors or such guarantor which materially impairs
Beneficiary’s security or increases its risks. 

         13.     Remedies.  On a default under this Trust Deed, Trustee or
Beneficiary may (but is not obligated to) do any one or more of the following:
(a) without notice or demand on Trustors and without releasing Trustors from any
of the Obligations, pay or perform a portion or all of the Obligations that
Trustors have failed to pay or perform, and Trustors shall immediately reimburse
Trustee and Beneficiary for all costs and expenses (including attorneys’ fees)
incurred in connection with such payment or performance, with interest on such
costs and expenses at fifteen percent (15%) per annum (the “Default Rate”), both
before and after judgment; (b) declare all of the Obligations immediately due
and payable and charge interest on the Obligations then outstanding at the
Default Rate, both before and after judgment; (c) exercise the power of sale
under applicable law; (d) foreclose this Trust Deed in the manner provided by
law for the foreclosure of mortgages on real property; (e) exercise all of the
rights and remedies of a secured party under the UCC (whether now existing or
created after the date of this Trust Deed); (f) take possession or appoint a
receiver to take possession of and (without liability or obligation) (i) hold,
occupy, operate, use, maintain, repair and conserve the value of the Property,
(ii) make, modify, enforce and terminate the Leases, (iii) collect the Rents and
(after deducting from the Rents maintenance and operating expenses, including
reasonable management fees) apply the same to the Obligations, and (iv) exercise
such other powers as may be fixed by the court; (g) offset the Obligations
against any amounts owed by Beneficiary to Trustors and apply toward the
Obligations all funds of Trustors which Beneficiary may have in its possession
or under its control; (h) if permitted by applicable law, sue on the Note; or
(i) exercise any other rights and remedies available at law or in equity.  A
receiver appointed pursuant to this Paragraph may be appointed without notice to
Trustors, and without regard to whether the Property is in danger of being lost,
removed or materially injured, whether the Property or any other security is
sufficient to discharge the Obligations or whether Beneficiary forecloses this
Trust Deed judicially or nonjudicially, it being the intention of Trustors to
authorize the appointment of a receiver when Trustors are in default under this
Trust Deed and Beneficiary has requested the appointment of a receiver. 
Trustors consent to the appointment of the particular person (including an
officer, director, partner or employee, as the case may be, of Beneficiary)
designated by Beneficiary as “receiver” and waive any right to suggest or
nominate any person as receiver in opposition to the person designated by
Beneficiary.  Neither the entering on and taking possession of the Property nor
the collection and application of the Rents as aforesaid shall cure or waive any
default or notice of default under this Trust Deed, invalidate any act done
pursuant to such notice of default or operate to postpone or suspend any of the
Obligations.  No remedy provided in this Trust Deed shall be exclusive of any
other remedy at law or in equity (whether now existing or created after the date
of this Trust Deed), and all remedies under this Trust Deed may be exercised
concurrently, independently or successively from time to time. The failure on
the part of Trustee or Beneficiary to promptly enforce any right under this
Trust Deed shall not operate as a waiver of such right, and the waiver of any
default shall not constitute a waiver of any subsequent or other default.

         14.     Power of Sale; Foreclosure.  The procedures relating to the
exercise of the power of sale or foreclosure of this Trust Deed as a mortgage
shall be governed by then existing law, or to the extent such procedures are not
covered by then existing law, by law existing as of the date of this Trust
Deed.  Following foreclosure of this Trust Deed as a mortgage, the purchaser at
the sale held pursuant to judicial decree shall be entitled to possession of the
Property during any period of redemption.  If a deficiency remains after
application of the proceeds of sale following default under this Trust Deed
(whether such sale is held pursuant to the exercise of the power of sale or
judicial decree), Trustors shall pay the same to Beneficiary immediately on
determination of the amount of such deficiency.  Such deficiency shall bear
interest at the Default Rate, both before and after judgment.

         15.     Security Agreement; Fixture Filing.  This Trust Deed
constitutes a security agreement with respect to all personal property and
fixtures in which Beneficiary is granted a security interest under this Trust
Deed, and Beneficiary shall have all of the rights and remedies of a secured
party under the UCC (whether now existing or created after the date of this
Trust Deed), as well as any other rights and remedies available at law or in
equity. This Trust Deed, with Trustors, as debtor, and Beneficiary, as secured
party, also constitutes a fixture filing with respect to any part of the
Property which is or may become a fixture. The record owners of the Property are
the Trustors. Beneficiary is not a seller or purchase money lender of the
Personal Property. Trustors shall immediately notify Beneficiary if the name or
identity of Trustors are changed, or if the address of Trustors is changed to an
address different from the address for Trustors set forth in the first paragraph
of this Trust Deed. With respect to any instrument or chattel paper covered by
this Trust Deed, neither Trustee nor Beneficiary need take any steps to preserve
rights against prior parties. A carbon, photographic or other reproduction of a
financing statement is sufficient as a financing statement.

         16.     Waiver.  Trustors waive, to the fullest extent permitted by
law, any right (a) to obtain a partial release of the Property from the lien of
this Trust Deed by paying less than all of the Obligations, (b) to partially
redeem the Property by paying less than the amount necessary to effect
redemption in full, (c) to have the Property or any other property securing the
Note marshalled on the foreclosure of the lien of this Trust Deed, and agrees
that any court having jurisdiction to foreclose such lien may order the Property
and such other property sold as an entirety, (d) to direct the order of the sale
of the Property or any other property securing the Note, and agrees that
Beneficiary may exhaust the security given for the Note in any order, and (e)
relating to procedural or substantive limitations on the recovery of any
deficiency, such as those set forth in Section 57-1-32 of the Utah Code Ann.
(1953), as amended, including, without limitation, any requirement that Trustee
or Beneficiary establish a deficiency in connection with the indebtedness
secured by this Trust Deed prior to the time that all of the security given for
payment of the Note has been exhausted.  Trustors further waive and relinquish
all exemptions and homestead rights which may exist with respect to the
Property, and agrees not to file a declaration of homestead with respect to the
Property.

         17.     Expenses and Fees.  Trustors shall pay all costs, expenses and
fees (including, without limitation, trustee’s and attorneys’ fees) which are
incurred by Trustee or Beneficiary in connection with the Obligations, this
Trust Deed, the servicing of the indebtedness secured by this Trust Deed and the
enforcement or protection of the rights and interests of Trustee or Beneficiary
under this Trust Deed, including, without limitation, the monitoring of any
insolvency or bankruptcy proceedings, with interest on such costs, expenses and
fees at the Default Rate, both before and after judgment.

         18.     Further Assurances.  Trustors shall at any time and from time
to time, on request of Beneficiary, take or cause to be taken any action, and
execute, acknowledge, deliver or record any further instruments, which
Beneficiary deems necessary or appropriate to carry out the purposes of this
Trust Deed and to perfect and preserve the lien and security interest intended
to be created and preserved in the Property.

         19.    Request for Notices. Trustors request that a copy of any notice
of default and a copy of any notice of sale under this Trust Deed be mailed to
Trustors at the address of Trustors set forth in the first paragraph of this
Trust Deed.

         20.     Miscellaneous.  Time is of the essence of this Trust Deed. 
This Trust Deed shall be binding on Trustors and shall inure to the benefit of
Trustee and Beneficiary and their respective successors and assigns. The
liability of each person executing this Trust Deed as Trustors shall be joint
and several.  The invalidity or unenforceability of any provision of this Trust
Deed shall in no way affect the validity or enforceability of any other
provision.  This Trust Deed shall be governed by and construed in accordance
with the laws of the State of Utah. Paragraph captions and defined terms in this
Trust Deed are for convenience of reference only and shall not affect the
construction of any provision of this Trust Deed.  All pronouns shall be deemed
to refer to the masculine, feminine or neuter or singular or plural, as the
identity of the parties may require.

         BY SIGNING BELOW, TRUSTORS accept and agree to the terms and covenants
contained in this Trust Deed and in any rider(s) executed by Trustors and
recorded with it.

TRUSTORS:

/s/ Joseph Y. Chang
Joseph Y. Chang

/s/ Wan Ping Chang
Wan Ping Chang

STATE OF UTAH                                       )
                                                                        ) ss:
COUNTY OF SALT LAKE                         )

         On this 5th day of July, 2001, personally appeared before me, Joseph Y.
Chang and Wan Ping Chang, the signers of the above instrument, who duly
acknowledged to me that they executed the same.

___________________________________      My Commission
expires:______________________
Notary Public

REQUEST FOR RECONVEYANCE

To Trustee:

         The undersigned is the holder to the note or notes secured by this
Trust Deed. Said note or notes, together with all other indebtedness secured by
this Trust Deed, have been paid in full. You are hereby directed to cancel said
note or notes and this Trust Deed, which are delivered hereby, and to reconvey,
without warranty, all of the estate now held by you under this Trust Deed to the
person or persons legally entitled thereto.

Dated:___________________               ______________________________________
                                                                    
By:____________________________________
Mail Reconveyance
to:_____________________________________________________________________
_____________________________________________________________________________________