Document:

EXHIBIT 10.4
                                  DEED OF TRUST

THIS  INDENTURE,  Made  this  19th day of  October,  2000,  between  New  Allied
Development  Corporation,  a Colorado Corporation,  whose address is C/O Michael
Romero,  Esq. 303 E. 17th Ave. Suite 1000, Denver,  Colorado 80203,  hereinafter
referred to as Grantor,  and the Public Trustee of the County of El Paso,  State
of Colorado, hereinafter referred to as Public Trustee,

WITNESSETH,  THAT,  WHEREAS,  Grantor has executed a certain  Pledge  Agreement,
dated  February 15, 2000,  which Pledge  Agreement  reflects the  obligation  of
Grantor to the Beneficiary  hereunder in which the Grantor has agreed to pay the
principal sum of One Hundred  Fifty Four  Thousand Six Hundred,  Twenty Four and
55/100 Dollars,  plus such additional  advances as may be made from time to time
from  the  Beneficiary,  for the  benefit  of  Pendleton,  Friedberg,  Wilson  &
Hennessey,  P.C. (the  "Beneficiary")  whose  address is 303 E. 17th Ave,  Suite
1000, Denver,  Colorado,  80203, pursuant to the terms of such Pledge Agreement,
which is incorporated by reference herein.

     AND WHEREAS, the Grantor is desirous of securing those payments as required
under the Pledge  Agreement of the principal and interest as set forth  therein,
in whose hands soever the said Pledge Agreement may be.

     NOW THEREFORE,  the Grantor,  in  consideration of the premises and for the
purpose  aforesaid,  does hereby grant,  bargain,  sell and convey unto the said
Public Trustee in trust forever,  the following described  property,  situate in
the  County  of El Paso,  State of  Colorado,  (hereinafter  referred  to as the
"Property") to wit:

     SEE EXHIBIT A, ATTACHED HERETO AND INCORPORATED BY REFERENCE HEREIN.

     TO HAVE AND TO HOLD the same, together with all and singular the privileges
and appurtenances  thereunto belonging:  In trust nevertheless,  that in case of
default in the payment of the obligation under the Pledge  Agreement,  or in the
payment of the interest thereon according to the tenor and effect of said Pledge
Agreement,  or in the payment of any prior encumbrances,  principal or interest,
if any, or in case default shall be made in or in case of violation or breach of
any of the terms,  conditions,  covenants or agreements  herein  contained,  the
beneficiary hereunder or the legal holder of the indebtedness secured hereby may
declare a violation of any of the  covenants  herein  contained and may elect to
advertise  said  property  for sale,  and demand such sale by filing a notice of
election  and  demand  for sale with the Public  Trustee.  Upon  receipt of such
notice of election and demand for sale, the Public Trustee shall cause a copy of
the same to be  recorded  in the  recorder's  office of the county in which said
property is situated.  The Public  Trustee  shall then give public notice of the
time and place of sale by  advertisement  to be  published  for four weeks (once
each week for five successive weeks) in some newspaper of general circulation at
that time published in the county or counties in which said property is located.
A copy of such  notice  shall be mailed  within  ten days  after the date of the
first  publication  thereof to the grantor at the address given herein,  to such
persons appearing to have acquired a subsequent record interest in said property
at the address given in the recorded instrument, and to any other persons as may
be provided  by law.  It shall and may then be lawful for the Public  Trustee to
sell said  property  for the  highest and best price the same will bring in cash
and to dispose of the same (en masse or in separate parcels,  as the said Public
Trustee may think best), together with all the right, title and interest of  the
grantor  therein,  at public auction at any place as may be specified by statute
and  designated in the notice of sale. The Public Trustee shall make and give to
the  purchaser  of  such  property  at  such  sale,  a  certificate  in  writing
containing;  a description of such purchaser  property  purchased;  the sum paid
therefor;  a statement that said purchaser shall be entitled to a deed therefor,
unless the same shall be redeemed  as is provided by law;  and in the event of a
continuance of the sale, a recital  that the sale was duly continued. The Public
Trustee  shall,  upon  demand by the  person  holding  the said  certificate  of
purchase,  when said demand is made or upon  demand by the person  entitled to a
deed to and for the property purchased at the time such demand is made, the time
for  redemption  having  expired,  make and execute to such person a deed to the
said  property  purchased.  Said  deed  shall  be  in  the  ordinary  form  of a
conveyance,  and shall be signed,  acknowledged and delivered by the said Public
Trustee  and shall  confirm  the  foreclosure  sale and sell and  convey to such
person  entitled to such deed,  the property  purchased as aforesaid and all the
right, title, interest, benefit and equity of redemption of the grantor therein.
The Public  Trustee  shall,  out of the  proceeds or avails of such sale,  after
first paying and retaining all fees,  charges and costs of making said sale, pay
to the beneficiary  hereunder or the legal holder of said Pledge Agreement,  the
principal and interest due pursuant to the terms thereof, according to the tenor
and effect thereof,  and all moneys advanced by such beneficiary or legal holder
of said Pledge  Agreement for insurance,  taxes and  assessments,  with interest
thereon at such rate as may be set out in the Pledge  Agreement,  rendering  the
overplus,  if any, unto those persons  entitled thereto as a matter of law. Said
sale and said deed so made shall be a  perpetual  bar,  both in law and  equity,
against the grantor and all other  persons  claiming the said  property,  or any
part thereof,  by, from, through or under the grantor. The holder of said Pledge
Agreement may purchase  said  property or any part thereof;  and it shall not be
obligatory  upon the purchaser at any such sale to see to the application of the
purchase money.

     And the Grantor  covenants and agrees to and with the Public Trustee,  that
at the time of the ensealing of and delivery of these presents it is well seized
of the said land and tenements in fee simple, and has good right, full power and
lawful authority to grant,  bargain,  sell and convey the same in the manner and
form as aforesaid;  hereby fully and absolutely waiving and releasing all rights
and  claims  he may  have in or to said  lands,  tenements,  and  property  as a
Homestead Exemption,  or other exemption,  under and by virtue of any act of the
General  Assembly of the State of  Colorado,  or as any  exemption  under and by
virtue of any act of the  United  States  Congress,  now  existing  or which may
hereafter be passed in relation  thereto and that the same are free and clear of
all liens and encumbrances whatever, except those matters of public record, such
as easements or similar recordations, over which Grantor has no control, and the
above  bargained  property in the quiet and  peaceable  possession of the Public
Trustee,  against all and every person or persons lawfully  claiming or to claim
the whole or any part  thereof,  the grantor  shall and will Warrant and Forever
Defend.

     Until payment in full of the indebtedness, the Grantor shall timely pay all
taxes and assessments levied on the property; any and all amounts due on account
of principal and interest or other sums on any senior encumbrances,  if any; and
will  keep  all  improvements  that may be on said  lands  insured  against  any
casualty loss,  including extended  coverage,  in a company or companies meeting
the net worth  requirements  of the  beneficiary  hereof in an amount which will
yield  to the  holder  of the  indebtedness,  after  reduction  by  co-insurance
provisions  of the policy,  if any,  not less than the then total  indebtedness.
Each policy  shall  contain a loss  payable  clause  naming the  beneficiary  as
mortgagee and shall further  provide that the insurance may not be canceled upon
less than ten days  written  notice  to the  beneficiary.  At the  option of the
beneficiary,  the original policy or policies of insurance shall be delivered to
the  beneficiary as further  security for the  indebtedness.  Should the grantor
fail to insure and deliver the  policies or to pay taxes or  assessments  as the
same fall due, or to pay any amounts payable upon senior  encumbrances,  if any,
the beneficiary  may make any such payments or procure any such  insurance,  and
all  monies so paid with  interest  thereon  at the rate as  established  by the
Pledge Agreement shall be added to and become a part of the indebtedness secured
by this  Deed of Trust  and may be paid out of the  proceeds  of the sale of the
property  if not  paid by the  Grantor.  In  addition,  and at its  option,  the
beneficiary may declare  the indebtedness  secured hereby and this Deed of Trust
to be in default for failure to procure  insurance  or make any of the  payments
required by this paragraph.

     If all or any  part  of the  property  or an  interest  therein  is sold or
transferred  by  the  Grantor  without   beneficiary's  prior  written  consent,
excluding  the  creation of a lien or  encumbrance  subordinate  to this Deed of
Trust, Beneficiary may, at Beneficiary's option, declare all the sums secured by
this Deed of Trust to be  immediately  due and payable.  Beneficiary  shall have
waived such option to accelerate if, prior to the sale or transfer,  beneficiary
and the person to whom the property is to be sold or transferred reach agreement
in writing that the credit of such person is  satisfactory  to  beneficiary  and
that the interest  payable on the sums secured by this Deed of Trust shall be at
such rate as beneficiary shall request.

     At a date 18 months from the date of the recording of this Deed of Trust in
the  public  records  of  El  Paso  County,   Colorado,   Beneficiary   may,  at
Beneficiary's option,  commence foreclosure  proceedings to enforce the terms of
this Deed of Trust,  PROVIDED HOWEVER,  that in the event the Grantor has a bona
fide third party offer for the sale of the Property,  the date for  commencing a
foreclosure  shall be  extended  to the  Closing  Date  under  the  terms of the
Contract  or  Agreement  entered  into  between  the  Grantor  and the  proposed
Purchaser.

     In furtherance of the obligations,  the Grantor shall use its best business
judgment in listing the  Property  for sale,  at a price and under such terms as
the Grantor deems appropriate, PROVIDED HOWEVER, that such price and terms shall
be of a nature that the net sales proceeds from a sale will be sufficient,  at a
minimum,  to satisfy  the  obligation  owed under the  Pledge  Agreement  to the
Grantor.

     AND THAT IN CASE OF ANY  DEFAULT  whereby the right of  foreclosure  occurs
hereunder,  the holder of said Pledge Agreement or certificate of purchase shall
at once become  entitled to the  possession,  use and  enjoyment of the property
aforesaid,  and to the rents,  issues and profits thereof,  from the accruing of
such right and during the pendency of foreclosure  proceedings and the period of
redemption,  if any there be: and such possession  shall at once be delivered to
the holder of said note or certificate  of purchase on request,  and on refusal,
the  delivery  of such  possession  may be enforced by the holder of said Pledge
Agreement  or  certificate  of  purchase  by  any  appropriate   civil  suit  or
proceeding,  and the holder of said Pledge Agreement or certificate of purchase,
or any thereof,  shall be entitled to a Receiver for said  property,  and of the
rents,  issues and  profits  thereof,  after such  default,  including  the time
covered by foreclosure  proceedings  and the period of redemption,  if any there
be, and shall be  entitled  thereto as a matter of right  without  regard to the
solvency or  insolvency of the grantor or of the then owner of said property and
without regard to the value  thereof,  and such Receiver may be appointed by any
court of competent  jurisdiction  upon ex parte application and without notice -
notice being hereby expressly waived - and all rents, issues and profits, income
and revenue  therefrom  shall be applied by such  Receiver to the payment of the
indebtedness hereby secured,  according to the law and the orders and directions
of the court.

     AND,  that in case of default  in any of said  payments,  according  to the
tenor and effect of said Pledge Agreement, or of a breach or violation of any of
the covenants or agreements  herein,  by the grantor,  then and in that case the
whole of said principal sum hereby secured and the interest  thereon to the time
of the sale may at once, at the option of the legal holder  thereof,  become due
and  payable,  and the said  property  be sold in the  manner  and with the same
effect as if said  indebtedness had matured,  and that if foreclosure be made by
the Public Trustee, reasonable attorney's fee for services in the supervision of
said foreclosure proceedings shall be allowed by the Public Trustee as a part of
the  cost of  foreclosure,  and if  foreclosure  be made  through  the  courts a
reasonable  attorney's  fee shall be taxed by the court as a part of the cost of
such foreclosure proceedings.

     It Is  Further  Understood  and  Agreed,  that if a release of this deed of
trust is  required,  the  Grantor  will pay the  expense  thereof;  that all the
covenants and agreements  herein  contained  shall extend to and be binding upon
the heirs,  personal  representatives,  successors and assigns of the respective
parties  hereto;  and that the  singular  number shall  include the plural,  the
plural  the  singular,  and the use of any  gender  shall be  applicable  to all
genders.

Executed on October 19, 2000.

ATTEST:  /s/ Judy Nation                             NEW ALLIED DEVELOPMENT
         --------------------                        CORPORATION
         Secretary

(SEAL)                                               /s/ Erica Hull
                                                     ---------------------------
                                                     Erica Hull, President

<PAGE>

State of Colorado          )
                           ) ss.
County of El Paso          )

     The  foregoing  instrument  was  acknowledged  before  me this  19th day of
October, 2000 by Erica Hull, President of New Allied Development Corporation.

Witness my hand and seal.

My commission expires:  11-05-2001                  Mary Ann C. Kalina
                                                    ----------------------------
                                                    Notary PublicEXHIBIT 10.5

PUBLIC TRUSTEE'S DEED
--------------------------------------------------------------------------------

STATE OF COLORADO     )          No. 38385
                      )   ss.
COUNTY OF EL PASO     )

     THIS DEED, made November 15, 2000,  between HOLLY J. WILLIAMS as the Public
Trustee, of the County of El Paso, State of Colorado, and NEW ALLIED DEVELOPMENT
CORPORATION,  Grantee,  the holder of the  Certificate of Purchase,  whose legal
address is C/O  MICHAEL E.  ROMERO,  303 EAST  SEVENTEENTH  AVENUE,  DENVER,  CO
80203-1263;

     WHEREAS,  DREW  INCORPORATED,  A PENNSYLVANIA  CORPORATION  did, by deed of
trust  dated  December  19,  1996,  and  recorded in the office of the Clerk and
Recorder of the County of El Paso,  in the State of  Colorado,  on December  20,
1996,  in  Reception  0096156783  convey to the Public  Trustee,  in trust,  the
property  hereinafter  described  to  secure  the  payment  of the  indebtedness
provided in said Deed of Trust; and

     WHEREAS, a violation was made in certain of the terms and covenants of said
Deed of Trust, as shown by the Notice of Election and Demand for Sale filed with
the  Public  Trustee (a  duplicate  of which was recorded  in the office of said
County Clerk and Recorder);  the said property was advertised for public sale at
the place and in the manner provided by law and by said Deed of Trust; Notice of
Right to Cure and Redeem and Notice of Sale were given as required by law;  said
property was sold according to said Notice of Sale; and

     WHEREAS,  a  Certificate  of Purchase was issued to NEW ALLIED  DEVELOPMENT
CORPORATION  for the sum of  $526,199.88  and was recorded in the office of said
County Clerk and Recorder; and

     WHEREAS, all periods of redemption have expired;

     NOW,  THEREFORE,  the Public  Trustee,  pursuant to the power and authority
vested by law and by the said Deed of Trust,  confirms the foreclosure  sale and
sells and conveys the following  described  property located in the County of El
Paso, State of Colorado, to-wit;

         The property is located in the County of El Paso and State
         of Colorado, as specifically described in Exhibit A attached
         hereto and by this reference incorporated herein.

TO HAVE AND TO HOLD with all appurtenances, forever.
Executed the day and year first above written.

<PAGE>

                                     Susan Wright
                                     ------------------------------------------
                                     As Deputy Public Trustee in and for the
                                     County of El Paso in the State of Colorado

--------------------------------------------------------------------------------

STATE OF COLORADO )
                  )     ss.
COUNTY OF EL PASO )     The foregoing instrument was acknowledged before me
                        this  15th day of  November, 2000, by Susan  Wright
                        as the  Deputy  Public  Trustee  in and for the  County
                        of El Paso, State of Colorado.
                        Witness my hand and official seal.

                        /s/ Karen L. Bohlonde             Notary Public
                        ----------------------------------
                        105 E. Vermijo, Suite 101, Colorado Springs, CO 80903

My Commission Expires 08/08/2002

<PAGE>

TRACT 3:

A TRACT OF LAND BEING  PORTIONS OF THE  SOUTHWEST  QUARTER OF SECTION 23 AND THE
SOUTHEAST QUARTER OF SECTION 22, BOTH IN TOWNSHIP 11 SOUTH, RANGE 67 WEST OF THE
6TH P.M., EL PASO COUNTY, COLORADO, MORE PARTICULARLY DESCRIBED AS:

BEGINNING AT THE  NORTHEAST  CORNER OF THE  SOUTHEAST  QUARTER OF THE  SOUTHEAST
QUARTER OF SECTION 22, TOWNSHIP 11 SOUTH,  RANGE 67 WEST OF THE 6TH P.M., THENCE
S  88(Degree)30'10"W  ON THE NORTH LINE OF MONUMENT INDUSTRIAL PARK - PHASE 2 AS
RECORDED  IN PLAT  BOOK  T-3 AT PAGE  105 OF THE  RECORDS  OF EL PASO  COUNTY  A
DISTANCE  OF 289.29  FEET TO THE  EASTERLY RIGHT-OF-WAY  LINE OF SYNTHES AVENUE;
THENCE NORTHERLY ON SAID RIGHT-OF-WAY LINE THE FOLLOWING THREE COURSES:

     1.)  ON A CURVE,  CONCAVE TO THE WEST,  HAVING A RADIUS OF 400.00  FEET,  A
          CENTRAL ANGLE OF 27(Degree)41'30",  AN ARC LENGTH OF 193.32 FEET AND A
          CHORD BEARING N 13(Degree)15'05" W A DISTANCE OF 191.45 FEET;

     2.)  N 27(Degree)05'50" W A DISTANCE OF 696.51 FEET;

     3.)  ON A CURVE TO THE LEFT HAVING A RADIUS OF 400.00 FEET, A CENTRAL ANGLE
          OF 20(Degree)26'37" AND AN ARC LENGTH OF 142.72 FEET;

THENCE N  42(Degree)27'33"  E ON A LINE RADIAL TO THE PRECEDING CURVE A DISTANCE
OF 338.39 FEET TO A POINT ON THE  WESTERLY  RIGHT-OF-WAY  LINE OF THE DENVER AND
RIO  GRANDE  WEST  RAILROAD;   THENCE S  27(Degree)05'50"  E  ON  SAID  WESTERLY
RIGHT-OF-WAY  LINE A DISTANCE  OF 1119.62 FEET TO THE WEST LINE OF THE SOUTHWEST
QUARTER  OF  SECTION  23,  TOWNSHIP  11 SOUTH,  RANGE 67 WEST;  THENCE  CONTINUE
S27(Degree)05'50"  E ON SAID RIGHT-OF-WAY A DISTANCE OF 185.94 FEET TO THE SOUTH
LINE OF THE  NORTHWEST  QUARTER OF THE  SOUTHWEST  QUARTER OF SAID  SECTION  23;
THENCE N  89(Degree)29'48"  W ON SAID SOUTH LINE A DISTANCE OF 86.67 FEET TO THE
POINT OF BEGINNING.

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