EX-4.29 32 o19082exv4w29.txt BENEFICIARY'S DEED OF RELEASE & RECONVEYANCE - LONG HORIZONS FUND, LLP EXHIBIT 4.29 WHEN RECORDED, RETURN TO: August Law Group, P.C. Attn: Khoi D. Dang 19200 Von Karman Avenue Suite 900 Irvine, CA 92782 BENEFICIARY'S DEED OF RELEASE AND RECONVEYANCE WHEREAS, the undersigned is the Beneficiary under that certain Deed of Trust, Assignment of Rents, Security Agreement and Fixture Filing dated as of June 24, 1997, executed by AMPAC MINING SOUTHWEST, INC., a Delaware corporation, as Trustor, in favor of LONG HORIZONS FUND L.L.C., a New York limited liability company, as Beneficiary and FIRST AMERICAN TITLE INSURANCE COMPANY, as Trustee, recorded on June 30, 1997, at Fee No. 970616515, Official Records of Cochise County, Arizona (the "Deed of Trust"), as amended by the certain Amendment Number One to Loan and Security Agreement, dated as of August 13, 1997, executed by Long Horizons Fund, L.P., a New York limited partnership, as Lender, and Arimetco, Inc., a Nevada corporation, as Borrower, recorded on August 19, 1997, at Fee No. 970821229, Official Records of Cochise County, Arizona; and WHEREAS, the indebtedness secured by the Deed of Trust has been fully discharged. NOW, THEREFORE, for good and valuable consideration and pursuant to the provisions of Arizona Revised Statutes Section 33-707.A. which makes it unnecessary for the Trustee to join in this document, the undersigned hereby releases and reconveys, without covenant or warranty, express or implied, unto the parties legally entitled thereto, all right, title and interest which was heretofore acquired by the undersigned or the Trustee under the Deed of Trust. DATED: November __, 2005 BENEFICIARY: LONG HORIZONS FUND, L.P. BY OLD STAND ASSOCIATES L.L.C., ITS G.P. By /s/ Seth Plattus ------------------------------------- Its Vice President STATE OF NEW YORK ) ) ss. COUNTY OF NEW YORK ) The foregoing was acknowledged before me this 4th day of November, 2005, by Seth Plattus, the Vice President of Old Stand Associates L.L.C., General Partner of Long Horizons Fund, L.P. /s/ Regina E. Cianci --------------------------------------- REGINA E. CIANCI Notary Public, State of New York No. 60-4676879 Qualified in Westchester County Commission Expires Nov. 30, 2006 My Commission Expires: 11/30/06