Heat grill. In 1 quart saucepan, heat preserves, lime juice, chili and adobo sauce over medium heat. Stir in cilantro.
Mix together garlic powder and pepper, cumin and salt sprinkle over steaks. grill to desired doneness.Turning frequently, brushing with sauce mixture. Add peach halves to grill and grill for 2 minutes cut side down.
Heat any remaining sauce to boiling and serve with steack and grilled peaches.
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