TRUSTEE'S SALE

On FRIDAY, 30 July 2004 AT THE HOUR OF 11:00 o'clock A.M., local time, of said day, at the front steps of the Bonner County Courthouse, 215 South 1st Avenue, Sandpoint, Idaho, R. WAYNE SWENEY, as Successor Trustee, will sell at public auction to the highest bidder, for cash, in lawful money of the United States, all payable at the time of sale, the following described real property, together with fixtures, situated in the County of Bonner, State of Idaho, and particularly described as follows:

The North one half of the South one half of the North one half of the North one half of the West one half of the Northwest quarter of Section 25, Township 54 North, Range 3 West, Boise Meridian, Bonner County, Idaho.

Purported Address: 181 Rodeo Road, Athol, Idaho

The trustee has no knowledge of a more particular description of the above referenced real property for purposes of compliance with Section 60-113 Idaho Code.

Said sale will be made without covenant or warranty regarding title, possession or encumbrance to satisfy the obligations secured by and pursuant to the power of sale conferred in the Deed of Trust described as follows:

DEED OF TRUST AND THE TERMS AND CONDITIONS THEREOF:

GRANTOR: RICK RIDGEWAY AND LESLIE RIDGEWAY,

HUSBAND AND WIFE

TRUSTEE: FIRST AMERICAN TITLE

BENEFICIARY: BENEFICIAL MORTGAGE CO. OF IDAHO

ORIGINAL AMOUNT: $21,600.00

DATED/RECORDED:

FEBRUARY 6, l997/

FEBRUARY 13, 1997

INSTRUMENT NO: 499514

THE GRANTOR NAMED HEREIN IS LISTED TO COMPLY WITH SECTION 45-1 506(4)(a) OF THE IDAHO CODE. No representation is made whether or not he or she is currently responsible for the obligation listed herein.

The default for which this sale is to be made is the Grantor's failure to make payments on the promissory note or credit agreement secured by the Deed of Trust. Payments are due for the month of December 2003 and every month thereafter in the amount of $200.00. As of 28 January 2004, the amount in arrears was $543.94, and the outstanding principal balance owing on the Promissory Note or Credit Agreement secured by the Deed of Trust was $20,103.12 plus accrued interest of $3,728.18. Additional interest accrues at the rate of $4.47 per day.

Grantor must also pay outstanding taxes, interest, penalties, late charges, service charges, appraisal fees, title policy fees, and any other disbursements, costs, fees or expenses incurred or paid by the Beneficiary and/or Trustee associated with this Notice of Default and/or this foreclosure as provided by the Deed of Trust, Promissory Note or Credit Agreement, or by Idaho law. R. WAYNE SWENEY, Attorney at Law, is successor trustee of said Deed of Trust.

DATED: 25 March 2004

R.WAYNE SWENEY, Trustee

250 Northwest Boulevard, Suite 102, Coeur d'Alene,

Idaho 83814

208-667-0517

Legal SNP#5147

April 28, May 5, 12, 19, 2004

NOTICE OF