NOTICE OF

TRUSTEE'S SALE

T.S. No: 04-01183

Doc ID #00091846132005N

Title Order No. 04027931

Parcel No. RP 56N02W160720A

The following described property will be sold at public auction to the highest bidder, payable in lawful money of the United States, in the office of Sandpoint Title Insurance, 120 South Second Avenue, Sandpoint, Idaho, 83864, on 07/01/2004 at 11:30 am, (recognized local time) for the purpose of foreclosing that certain Deed of Trust recorded 06/01/1999 as Instrument Number 545753, and executed by DAVID K. CLACK, AND ELIZABETH A. CLACK, as Grantor(s), in favor of AMERICA'S WHOLESALE LENDER, as Beneficiary, to Stewart Title of Boise, Inc., the Current Trustee of record, covering the following real property located in Bonner County, state of Idaho:

Order Number: 04027931-BP

THAT PORTION OF THE NORTHWEST QUARTER OF THE NORTHEAST QUARTER OF SECTION 16, TOWNSHIP 56 NORTH, RANGE 2 WEST OF BOISE MERIDIAN, BONNER COUNTY, IDAHO, MORE PARTICULARLY DESCRIBED AS FOLLOWS:

COMMENCING AT THE NORTH QUARTER CORNER OF SAID SECTION 16; THENCE

NORTH 88o33'38" EAST ALONG THE NORTH LINE OF SAID NORTHWEST QUARTER, A DISTANCE OF 803.09 FEET; THENCE

SOUTH 01o32'44" EAST, 275.23 FEET; THENCE CONTINUING ALONG SAID LINE 250.23 FEET TO THE NORTH LINE OF SAGLE VALLEY ESTATES, ACCORDING TO THE PLAT THEREOF, RECORDED IN BONNER COUNTY, IDAHO; THENCE

NORTH 88o33'38" EAST ALONG SAID NORTH LINE, A DISTANCE OF 463.65 FEET TO A POINT ON THE WESTERLY RIGHT OF WAY OF CARTER DRIVE, AS SHOWN ON SAID SAGLE VALLEY ESTATES; THENCE

NORTH 00o11'50" EAST ALONG SAID RIGHT OF WAY, A DISTANCE OF 250.33 FEET, TO THE TRUE POINT OF BEGINNING; THENCE

SOUTH 88o33'38" WEST, A DISTANCE OF 200.00 FEET; THENCE

SOUTH 01o32'44" EAST, A DISTANCE OF 87.50 FEET; THENCE

SOUTH 88o33'38" EAST, 200.00 FEET; THENCE

NORTH 00o11'50" EAST, ALONG SAID RIGHT OF WAY, A DISTANCE OF 87.50 FEET TO THE TRUE POINT OF BEGINNING.

The Trustee has no knowledge of a more particular description of the above referenced real property, but for purpose of compliance with Idaho Code, Section 60-113, the Trustee has been informed that the street address of, 58 CARTER ROAD, SAGLE, ID 83860 is sometimes associated with said real property.

Bidders must be prepared to tender the trustee the full amount of the bid at the sale in the form of cash, or a cashier's check drawn on a state or federally insured savings institution. Said sale will be made without covenant or warranty, express or implied, regarding title, possession or encumbrances to satisfy the obligation secured by and pursuant to the power of sale conferred in that certain Deed of Trust.

The default for which this sale is to be made is:

Failure to pay the monthly payment due 10/01/2003 of principal, interest and impounds and subsequent installments due thereafter; plus late charges, with interest currently accruing at 7.500% per annum; together with all subsequent sums advanced by beneficiary pursuant to the terms and conditions of said Deed of Trust, and any supplemental modifications thereto. The principal balance owing as of this date on said obligation is $124,254.88, plus interest, costs and expenses actually incurred in enforcing the obligations thereunder and in this sale, together with any unpaid and/or accruing real property taxes, and/or assessments, attorney's fees, Trustees' fees and costs, and any other amount advanced to protect said security, as authorized in the promissory note secured by the aforementioned Deed of Trust.

Therefore, the Beneficiary elects to sell, or cause said trust property to be sold, to satisfy said obligation.

NOTICE IS HEREBY GIVEN THAT THIS FIRM IS ATTEMPTING TO COLLECT A DEBT AND ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE, AND THAT THE DEBT MAY BE DISPUTED. THE ABOVE GRANTORS ARE NAMED TO COMPLY WITH SECTION 45-1506(4)(a), IDAHO CODE. NO REPRESENTATION IS MADE THAT THEY ARE, OR ARE NOT, PRESENTLY RESPONSIBLE FOR THIS OBLIGATION.

DATED: MARCH 2nd, 2004

Stewart Title of Boise, Inc.

Successor Trustee

bev petersen,

Sr. Trust Officer

Name & Address of the Current Trustee is:

Stewart Title of Boise, Inc.

9196 West Emerald, Suite 100

Boise, ID 83704

PHONE: (800) 281-8219

for information

Legal 5045

March 10, 17, 24, 31, 2004