NOTICE OF TRUSTEE'S SALE
On October 13, 2005, at the hour of 3:00 o'clock PM of said day, at First American Title Company, 419 North Second Avenue, Sandpoint, Idaho, CHARLES C. JUST, ESQ., Attorney at Law, 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, situated in the County of Bonner, State of Idaho, and described as follows to wit:
A portion of the Northwest quarter of the Northeast quarter in Section 7, Township 58 North, Range 1 West of the Boise Meridian, Bonner County, Idaho, more particularly described as follows:
Beginning at the North quarter corner of Section 7, Township 58 North, Range 1 West of the Boise Meridian;
thence East along the North line of Section 7, 467 feet;
thence South, 467 feet;
thence West, 467 feet;
thence North 467 feet to the place of beginning.
SUBJECT to an easement for right of way over the North and East 25 feet thereof.
LESS any portion lying within the highway right of way thereof.
The Trustee has no knowledge of a more particular description of the above referenced real property, but for purposes of compliance with Section 60-113 Idaho Code, the Trustee has been informed the address of 700 Colburn Culver Road, Sandpoint, ID is sometimes associated with the said property.
The Trustee's Sale is subject to a bankruptcy filing, a payoff, a reinstatement or any other conditions of which the Trustee is not aware that would cause the cancellation of this sale. Further, if any of these conditions exist, this sale may be null and void, the successful bidder's funds shall be returned, and the Trustee and the Beneficiary shall not be liable to the successful bidder for any damages.
Said sale will be made without covenant or warranty regarding title, possessions or encumbrances to satisfy the obligation secured by and pursuant to the power of sale conferred in the Deed of Trust executed by Robert J. and Mary J. Ouellette, and Grantor(s) with Household Finance Corporation III aka Beneficial Mortgage Co. of Idaho, as the Beneficiary, under the Deed of Trust, Recorded January 22, 2002, as Instrument No. 595105, in records of Bonner County, Idaho.
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.
The default for which this sale is to be made is the failure to pay the amount due under the certain Promissory Note and Deed of Trust, in the amounts called for thereunder as follows: Monthly payments in the amounts of $1,462.51 for the months of June 2004 through and including to the date of sale, together with late charges and monthly payments accruing. The sum owing on the obligation secured by said Deed of Trust is $139,046.07 as principal, plus service charges, attorney's fees, costs of this foreclosure, any and all funds expended by Beneficiary to protect their security interest, and interest accruing at the rate of 10.953% from May 1, 2004, together with delinquent taxes plus penalties and interest to the date of sale.
The Beneficiary elects to sell or cause the trust property to be sold to satisfy said obligation.
Dated this 10th day of June, 2005.
Paula Peterson
Trust Officer for
Charles C. Just, Esq.
For information concerning this sale please contact The Just Law Office at www.justlawidaho.com, or Toll Free at 1-800-923-9106, Thank you.
Legal 7055
June 22, 29, July 6, 13 2005