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NOTICE OF

| April 14, 2004 9:00 PM

TRUSTEE'S SALE

NOTICE IS HEREBY GIVEN that on July 20, 2004, at 11:00 a.m. the office of Catherine L. Dullea, Attorney at Law, as Successor Trustee, 101 N. Fourth Avenue Suite 204, Sandpoint, ID, will sell at public auction to the highest bidder, for cash in lawful money of the United States of America, all payable at the time of sale, the following real property situated in the County of Bonner, State of Idaho, described as follows:

A tract in Section 32, Township 56 North, Range 2 West, Boise Meridian, Bonner County, Idaho, described as follows:

Beginning at the Northwest corner of said Section 32, thence South 0o10' West along the West line of said Section, 2119.8 feet to the True Point of Beginning; thence East 751.6 feet; thence South 0o43' East 288.1 feet; thence West to a point on the West line of said Section, 2407.87 feet South of the Northwest corner of said Section 32; thence North along said West line to the True Point of Beginning;

Except that portion thereof conveyed to Bonner County by Document recorded January 18, 1983, as Instrument No. 264851, as follows:

A parcel of land located in the Northwest Quarter of Section 32, Township 56 North, Range 2 West, Boise Meridian, Bonner County, Idaho;

Beginning at the Northwest corner of said Section 32, thence South 0o10' West along the West line of said Section 32, a distance of 2119.8 feet; thence East 751.6 feet to the True Point of Beginning; thence South 0o43' East 288.1 feet; thence West 30 feet; thence North 0o43' West 288.1 feet; thence East 30 feet to the True Point of Beginning.

The purported physical address is 59 Country Lane, Sagle, ID.

Said sale will be made, without covenant or warranty regarding title, possession or encumbrances, to satisfy the obligations secured by and pursuant to the power of sale conferred in the Deed of Trust executed by ROBERT LEE BROWNING, III, an unmarried man, as Grantor to First American Title Co., as Trustee, and said Trustee having resigned and the Beneficiary having appointed Catherine L. Dullea, Attorney at Law, as Successor Trustee, for the benefit and security of DANIEL M. FOGARTY, an unmarried man, as Beneficiary, said Deed of Trust having been recorded on May 29, 2002, as Instrument No. 602015, official records of Bonner County, Idaho.

THE ABOVE GRANTOR IS NAMED TO COMPLY WITH S45-1506(4)(a) IDAHO CODE. NO REPRESENTATION IS MADE THAT HE IS, OR IS NOT, PRESENTLY RESPONSIBLE FOR THIS OBLIGATION.

The default for which the sale is to be made is the failure of the Grantor and/or assumptive Grantor(s) to make monthly payments of $360.05, each, for the months of October, November, December, 2003, January, February and March, 2004, failure to pay late fees of $75.00, each, for the same months, failure to reimburse Beneficiary for fire insurance paid in the amount of $149.00, and failure to pay default fee of $100.00.

The balance owing as of the date hereof on the obligation secured by said Deed of Trust is the amount of $25,238.91, plus accrued interest at the rate of 12.0% per annum from October 6, 2003, plus any other costs or expenses associated with this obligation or foreclosure as provided by the Deed of Trust or Deed of Trust Note or by Idaho law.

DATED this 15th of March, 2004.

CATHERINE L. DULLEA

Attorney at Law

Successor Trustee

101 N. Fourth Avenue, Suite 204

Sandpoint, Idaho 83864

PHONE: (208) 265-2276

FAX: (208) 265-1556

Legal SNP 5091

April 1, 8, 15, 22, 2004

NOTICE OF PUBLIC