ASSIGNMENT OF LEASES

 Exhibit 10(v)
                              ASSIGNMENT OF LEASES

This Assignment of Leases is made this 1st day of December,  1999, between Abdul
Rashid Afridi,  hereinafter "Assignor",  and A-Z South State Corporation, a Utah
corporation, hereinafter "Assignee."

In  consideration  of  the  sum of TEN  DOLLARS  and  other  good  and  valuable
consideration,  receipt of which is hereby acknowledged, Assignor hereby assigns
to Assignee all of the right,  title,  estate and interest of the undersigned in
and to those certain Leases ("Leases") identified on Exhibit "A" attached hereto
and incorporated herein by this reference,  which Leases cover that certain real
property located in Salt Lake County, more particularly described as follows:

         Lots  32,33 and 34,  Block 1,  SOUTH MAIN  STREET  ADDITION,  PLAT "A",
         according to the official  plat  thereof,  as recorded in the office of
         the County Recorder of said County.

Assignor  warrants and represents  that the Leases are in full force and effect,
that Assignor is not in default or breach of the Leases, and has no knowledge of
any claims,  offsets, or defenses of the tenants under the Leases, nor any basis
for asserting the same. Assignor further represents that rents due subsequent to
this  assignment  have  not been  paid in  advance  by the  tenants,  except  as
disclosed to the Assignee.

Pursuant to the Agreement of Purchase and Sale dated November 12, 1999, Assignor
also assigns and transfers to the Assignee any other contracts,  warranties,  or
rights relating to the Property operated.

Assignee  hereby  accepts this  assignment by Assignor and agrees to fulfill the
terms and  conditions  of the  Leases  described  herein  as they  relate to the
performance of the  Lessor/Landlord,  and to hold harmless and protect  Assignor
from any default therein.

ASSIGNOR:

By:  /s/  Abdul Rashid Afridi
   ----------------------------------------
Abdul Rashid Afridi

ASSIGNEE:

A-Z South State Corporation, a Utah Corporation

/s/  Richard D. Surber
------------------------------------------
By:  Richard D. Surber
Its:  President

 

Basic Info X:

Name: ASSIGNMENT OF LEASES
Type: Assignment of Leases
Date: Dec. 26, 2000
Company: A-Z SOUTH STATE CORP
State: Utah

Other info:

Date:

  • December , 1999
  • November 12 , 1999

Organization:

  • County Recorder of said County
  • Agreement of Purchase
  • South State Corporation

Location:

  • Utah
  • Salt Lake County

Person:

  • Abdul Rashid Afridi
  • Richard D. Surber