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NOTICE OF

| May 19, 2004 9:00 PM

TRUSTEE'S SALE

NOTICE IS HEREBY GIVEN that on September 13, 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:

The East Half of the Northeast Quarter of the Southwest Quarter in Section 26, Township 54 North, Range 3 West of the Boise Meridian, Bonner County, Idaho.

TOGETHER WITH an easement for ingress, egress and utilities as described in Easement, recorded October 8, 1996, as Instrument No. 493141, records of Bonner County, Idaho.

The Trustee has no knowledge of a more particular description of the above described real property, but for purposes of compliance with Idaho Code S60-113, information may be obtained from Catherine L. Dullea, Attorney at Law, Telephone (208)265-2276.

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 MICHAEL THOMPSON, a single man, as Grantors to Sandpoint Title Insurance, 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 C & H INVESTMENTS, INC, an Idaho corporation, as Beneficiary, said Deed of Trust having been recorded on October 8,1996, as Instrument No. 493143, official records of Bonner County, Idaho. The Beneficial interest was assigned to DAN S. JACOBSON, a married man as his sole and separate property, Instrument No.602271, recorded June 3, 2002, 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 Grantors and/or assumptive Grantor(s) to make monthly payments of $356.81, each for the months of September 2002, through April, 2004, failure to pay attorney and default fees of $200.00, failure to reimburse the Beneficiary for 2000 real property taxes paid in the amount of $865.42, and failure to pay real property taxes for 2001, 2002, and the first half of 2003

The balance owing as of the date hereof on the obligation secured by said

Deed of Trust is the amount of $19,606.00, plus accrued interest at the rate of

10.00% per annum from October 17, 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 7th day of May, 2004.

CATHERINE L. DULLEA

Attorney at Law

Successor Trustee

CATHERINE L. DULLEA, CHID.

Attorney at Law

101 N. Fourth Avenue, Suite 204

Sandpoint, Idaho 83864

PHONE: (208) 265-2276

FAX: (208) 265-1556

Legal SNP#5206

May 20, 27, June 3, 10, 2004

NOTICE OF