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  Recording Requested By    
Andrew F. and Sally M. Pollet
 
 
AND WHEN RECORDED MAIL TO:
STAAR Surgical Company
c/o Mary Ann Sapone
Pollet & Richardson
10900 Wilshire Blvd., Suite 500
Los Angeles, California 90024
 
Ventura, County Recorder
RICHARD D. DEAN
DOC- 2000-0166279-00
Check Number 222750
REQD BY JANNEY & JANNEY
Monday, OCT 23, 2000 10:47:36
Ttl Pd $20.00   Nbr-0000262592
                DJS/C3/2-3

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SPACE ABOVE THIS LINE FOR RECORDER'S USE
 

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SHORT FORM DEED OF TRUST AND ASSIGNMENT OF RENTS (INDIVIDUAL)

                ALL   Title No.  

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                PTN   Escrow No.  

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This Deed of Trust, made this 5th day of September 2000, between Andrew F.
Pollet and Sally M. Pollet, as individuals and as Co-Trustees of the Andrew F.
and Sally M. Pollet Revocable Trust dated March 6, 1990, herein called Trustor,
whose address is 10934 Alto Court, Oak View, California 93022

(Number and Street)   (city)   (state)   (zip)

Provident Title Company, a California corporation, herein called Trustee, and
STAAR Surgical Company, a Delaware corporation, herein called Beneficiary

Witnesseth: That Trustor IRREVOCABLY GRANTS, TRANSFERS AND ASSIGNS to TRUSTEE IN
TRUST, WITH POWER OF SALE, that property in Ventura County, California,
described as:

See attached Exhibit A

TOGETHER WITH the rents, issues and profits thereof, SUBJECT, HOWEVER, to the
right, power and authority given to and conferred upon Beneficiary by
paragraph (10) of the provisions incorporated herein by reference to collect and
apply such rents, issues and profits.

For the Purpose of Securing: 1. Performance of each agreement of Trustor
incorporated by reference or contained herein. 2. Payment of the indebtedness
evidenced by promissory note, and any extension or renewal thereof, in the
principal sum of $878,625 executed by Trustor in favor of Beneficiary or order.
3. Payment of such further sums as the then record owner of said property may
borrow from Beneficiary, when evidenced by another note (or notes) reciting it
is so secured.

To Protect the Security of This Deed of Trust, Trustor Agrees: By the execution
and delivery of this Deed of Trust and the rate secured hereby, that provisions
(1) to (14), inclusive, of the fictitious deed of trust recorded October 23,
1961, in the book and at the page of Official Records in the office of the
county recorder of the county where said property is located, noted below
opposite the name of such county, viz:

COUNTY   BOOK   PAGE   COUNTY   BOOK   PAGE   COUNTY   BOOK   PAGE Los Angeles  
T2055   899   Riverside   3005   523   San Diego   Series 2 Book 1961
Page 183887 Orange   5889   611   San Bernardino   5567   61   Ventura   2062  
386

(which provisions, identical in all counties, are printed on the reverse hereof)
hereby are adopted and incorporated herein and made a part hereof as fully as
though set forth herein at length; that he will observe and perform said
provisions; and that the references to property, obligations, and parties in
said provisions shall be construed to refer to the property, obligations, and
parties set forth in this Deed of Trust.

The Undersigned Trustor requests that a copy of any Notice of Default and of any
Notice of Sale hereunder be mailed to him at his address hereinbefore set forth.

STATE OF CALIFORNIA
COUNTY OF LOS ANGELES   }SS.   /s/ Andrew F. Pollet

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Andrew F. Pollet, individually & as Co-Trustee of the Andrew F. & Sally M.
Pollet Rev. Trust
On Sept 5, 2000 before me, Mary Ann Parlapiano, Notary Public personally
appeared Andrew F. Pollet & Sally M. Pollet personally known to me (or proved to
me on the basis of satisfactory evidence) to be the person(s) whose name(s)
is/are subscribed to the within instrument and acknowledged to me that
he/she/they executed the same in his/her/their authorized capacity(ies), and
that by his/her/their signature(s) on the instrument the person(s), or the
entity upon behalf of which the person(s) acted, executed the instrument.
WITNESS my hand and official seal
 
/s/ Sally M. Pollet

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Sally M. Pollet, individually and as Co-Trustee of the Andrew F. & Sally M.
Pollet Rev. Trust

Signature   /s/ Mary Ann Parlapiano

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  MARY ANN PARLAPIANO
Commission # 1199651
Notary Public - California
Los Angeles County
My Comm. Expires Oct 25, 2002         (This area for official notarial seal)

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DO NOT RECORD

   The following is a copy of provisions (1) to (14) inclusive of the fictitious
deed of trust, recorded in each county in California, as stated in the foregoing
Deed of Trust and incorporated by reference in said Deed of Trust as being a
part thereof as if set forth at length therein.

To Protect the Security of This Deed of Trust, Trustor Agrees:

   (1) To keep said property in good condition and repair, not to remove or
demolish any building thereon, to complete or restore promptly and in good and
workmanlike manner any building which may be constructed, damaged or destroyed
thereon and to pay when due all claims for labor performed and materials
furnished therefor, to comply with all laws affecting said property or requiring
any alterations or improvements to be made thereon, not to commit or permit
waste thereof, not to commit, suffer or permit any act upon said property in
violations of law, to cultivate, irrigate, fertilize, fumigate, prune and do all
other acts which from the character or use of said property may be reasonably
necessary, the specific enumerations herein not excluding the general.

   (2) To provide, maintain and deliver to Beneficiary fire insurance
satisfactory to and with loss payable to Beneficiary. The amount collected under
any fire or other insurance policy may be applied by Beneficiary upon
indebtedness secured hereby and in such order as Beneficiary may determine, or
at option of Beneficiary the entire amount so collected or any part thereof may
be released to Trustor. Such application or release shall not cure or waive any
default or notice of default hereunder or invalidate any act done pursuant to
such notice.

   (3) To appear in and defend any action or proceeding purporting to affect the
security hereof or the rights or powers of Beneficiary or Trustee; and to pay
all costs and expenses including cost of evidence of title and attorneys' fees
in a reasonable sum, in any such action or proceeding in which Beneficiary or
Trustee may appear, and in any suit brought by Beneficiary to foreclose this
Deed.

   (4) To pay: at least ten days before delinquency all taxes and assessments
affecting said property, including assessments on appurtenant water stock; when
due, all encumbrances, charges and liens, with interest, on said property or any
part thereof, which appear to be prior or superior hereto; all costs, fees and
expenses of this Trust.

   Should Trustor fail to make any payment or to do any act as herein provided,
then Beneficiary or Trustee, but without obligation so to do and without notice
to or demand upon Trustor and without releasing Trustor from any obligation
hereof, may make or do the same in such manner and to such extent as either may
deem necessary to protect the security hereof. Beneficiary or Trustee being
authorized to enter upon said property for such purposes, appear in and defend
any action or proceeding purporting to affect the security hereof or the rights
or powers of Beneficiary or Trustee, pay, purchase, contest or compromise any
encumbrance, charge or lien which in the judgment of either appears to be prior
or superior hereto, and, in exercising any such powers, pay necessary expenses,
employ counsel and pay his reasonable fees.

   (5) To pay immediately and without demand all sums so expended by Beneficiary
or Trustee, with interest from date of expenditure of the amount allowed by law
in effect at the date hereof, and to pay for any statement provided for by law
in effect at the date hereof regarding the obligation secured hereby any amount
demanded by the Beneficiary and not to exceed the maximum allowed by law at the
time when said statement is demanded.

   (6) That any award of damages in connection with any condemnation for public
use of or injury to said property or any part thereof is hereby assigned and
shall be paid to Beneficiary who may apply or release such moneys received by
him in the same manner and with the same effect as above provided for
disposition of proceeds of fire or other insurance.

   (7) That by accepting payment of any sum secured hereby after its due date,
Beneficiary does not waive his right either to require prompt payment when due
of all other sums so secured or to declare default for failure so to pay.

   (8) That at any time or from time to time, without liability therefor and
without notice, upon written request of Beneficiary and presentation of this
Deed and said note for endorsement, and without affecting the personal liability
of any person for payment of the indebtedness secured hereby, Trustee may:
reconvey any part of said property; consent to the making of any map or plat
thereof; join in granting any easement thereon; or join in any extension
agreement or any agreement subordinating the lien or charge hereof.

   (9) That upon written request of Beneficiary stating that all sums secured
hereby have been paid, and upon surrender of this Deed and said note to Trustee
for cancellation and retention and upon payment of its fees, Trustee shall
reconvey, without warranty, the property then held hereunder. The recitals in
such reconveyance of any matters or facts shall be conclusive proof of the
truthfulness thereof. The grantee in such reconveyance may be described as "The
person or persons legally entitled thereto." Five years after issuance of such
full reconveyance, Trustee may destroy said note and this Deed (unless directed
in such request to retain them).

   (10) That as additional security, Trustor hereby gives to and confers upon
Beneficiary the right, power and authority, during the continuance of these
Trusts, to collect the rents, issues and profits of said property, reserving
unto Trustor the right, prior to any default by Trustor in payment of any
indebtedness secured hereby or in performance of any agreement hereunder, to
collect and retain such rents, issues and profits as they become due and
payable. Upon any such default, Beneficiary may at any time without notice,
either in person, by agent, or by a receiver to be appointed by a court, and
without regard to the adequacy of any security for the indebtedness hereby
secured, enter upon and take possession of said property or any part thereof, in
his own name sue for or otherwise collect such rents, issues and profits,
including those past due and unpaid, and apply the same, less costs and expenses
of operation and collection, including reasonable attorneys' fees. Upon any
indebtedness secured hereby, and in such order as Beneficiary may determine. The
entering upon and taking possession of said property, the collection of such
rents, issues and profits and the application thereof as aforesaid, shall not
cure or waive any default or notice of default hereunder or invalidate any act
done pursuant to such notice.

   (11) That upon default by Trustor in payment of any indebtedness secured
hereby or in performance of any agreement hereunder, Beneficiary may declare all
sums secured hereby immediately due and payable by delivery to Trustee of
written declaration of default and demand for sale and of written notice of
default and of election to cause to be sold said property, which notice Trustee
shall cause to be filed for record. Beneficiary also shall deposit with Trustee
this Deed, said note and all documents evidencing expenditures secured hereby.

   After the lapse of such time as may then be required by law following the
recordation of said notice of default, and notice of sale having been given as
then required by law, Trustee, without demand on Trustor, shall sell said
property at the time and place

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fixed by it in said notice of sale, either as a whole or in separate parcels,
and in such order as it may determine, at public auction to the highest bidder
for cash in lawful money of the United States, payable at time of sale. Trustee
may postpone sale of all or any portion of said property by public announcement
at such time and place of sale, and from time to time thereafter may postpone
such sale by public announcement at the time fixed by the preceding
postponement. Trustee shall deliver to such purchaser its deed conveying the
property so sold, but without any covenant or warranty, express or implied. The
recitals in such deed of any matters or facts shall be conclusive proof of the
truthfulness thereof. Any person, including the Trustor, Trustee, or Beneficiary
as hereinafter defined, may purchase at such sale.

   After deducting all costs, fees and expenses of Trustee and of this Trust,
including cost of evidence of title in connection with sale, Trustee shall apply
the proceeds of sale to payment of all sums expended under the terms hereof, not
then repaid, with accrued interest at the amount allowed by law in effect at the
date hereof; all other sums then secured hereby, and the remainder, if any, to
the person or persons legally entitled thereto.

   (12) Beneficiary, or any successor in ownership of any indebtedness secured
hereby, may from time to time, by instrument in writing, substitute a successor
or successors to any Trustee named herein or acting hereunder, which instrument,
executed by the Beneficiary and duly acknowledged and recorded in the office of
the recorder of the county or counties where said property is situated, shall be
conclusive proof of proper substitution of such successor. Trustee or Trustees,
who shall, without conveyance from the Trustee predecessor, succeed to all its
title, estate, rights, powers and duties. Said instrument must contain the name
of the original Trustor, Trustee and Beneficiary hereunder, the book and page
where this Deed is recorded and the name and address of the new Trustee.

   (13) That this Deed applies to, inures to the benefit of, and binds all
parties hereto, their heirs, legatees, devisees, administrators, executors,
successors and assigns. The term Beneficiary shall mean the owner and holder,
including pledgees, of the note secured hereby whether or not named as
Beneficiary herein. In this Deed, whenever the context so requires, the
masculine gender includes the feminine and/or neuter, and the singular number
includes the plural.

   (14) That Trustee accepts this trust when this Deed, duly executed and
acknowledged, is made a public record as provided by law. Trustee is not
obligated to notify any party hereto of pending sale under any other Deed of
Trust or of any action or proceeding in which Trustor, Beneficiary or Trustee
shall be a party unless brought by Trustee.

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DO NOT RECORD

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REQUEST FOR FULL RECONVEYANCE

   To be used only when note has been paid:

To Provident Title company, Trustee:            dated             

   The undersigned is the legal owner and holder of all indebtedness secured by
the within Deed of Trust. All sums secured by said Deed of Trust have been fully
paid and satisfied; and you are hereby requested and directed, on payment to you
of any sums owing to you under the terms of said Deed of Trust, to cancel all
evidences of indebtedness, secured by said Deed of Trust, delivered to you
herewith together with said Deed or Trust, and to reconvey, without warranty, to
the parties designated by the terms of said Deed of Trust, the estate now held
by you under the same.

Mail Reconveyance to:            

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Do not lose or destroy this Deed of Trust OR THE NOTE which it secures. Both
must be
delivered to the Trustee for cancellation before reconveyance will be made.

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Exhibit A

    Lot 50 of Tract 3044-3 in the County of Ventura, State of California as
shown on the map of said tract recorded in book 92, pages 93 through 96 of
Miscellaneous Records (Maps) in the office of the County Recorder of said
County.

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SHORT FORM DEED OF TRUST AND ASSIGNMENT OF RENTS (INDIVIDUAL)
REQUEST FOR FULL RECONVEYANCE
Exhibit A