AMENDED NOTICE OF SUCCESSOR
TRUSTEE'S SALE
On September 1, 2005, at 10:00 a.m., Pacific Standard Time, at First American T itle C ompany 419 N Second Ave., Sandpoint ID 83864, Edwin B. Holmes, a member of the Idaho state Bar and Successor Trustee to North Idaho Title Company, 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 the sale, the following parcel of real property, located in the County of Bonner, State of Idaho, to wit:
The Northeast Quarter of the Northwest Quarter of Section 25, Township 54 North, Range 3 West, Boise Meridian, Bonner County, Idaho, TOGETHER with a road easement 60 feet in width for ingress and egress and utiliities as set forth in Document No. 163451, records of Bonner County, Idaho.
The Successor Trustee has no knowledge of a more particular description of the above-referenced real property, but for purposes of complying with Idaho Code section 60-113, information concerning the location of said real property may be obtained from the Successor Trustee, Edwin B. Holmes, at the address and telephone number set forth below.
Said public auction sale shall be made without covenant, guarantee, representation or warranty of any kind regarding title, possession, encumbrances or condition. Said public auction shall be conducted to satisfy obligation secured by, and pursuant to the power of sale conferred in the Deed of Trust executed by Holly Lange, as Grantor(s)/Trustor(s), North Idaho Title Company, as original Trustee named in said Deed of Trust, for the benefit and security of J. Hank Hester and Janet Hester, as Beneficiary, dated February 25, 2004, signed by the Grantor(s)/Trustor(s) on March 5, 2004 and recorded on March 18, 2004, as Instrument No. 646040 in the records of the County Recorder for the County of Bonner, State of Idaho.
The above NAMED Grantor(s)/ Trustor(s) are named to comply with Idaho Code Section 45-1506 (4)(a). No representation is made that said Grantor(s)/ Trustor(s) is(are), or is(are) not presently responsible for this obligation.
As of the date of default, March 16, 2005, the default for which this public auction sale is to be made is the failure to:
1. Make the monthly installment payments under a Promissory Note of even date with and secured by the above-mentioned deed of trust, in the sum of five hundred ninety dollars and forty two cents ($590.42) per month, together with late charges of ten percent (10.00%) of the delinquent installment payment for the month(s) of September, 2004 through March, 2005, inclusive;
2. Pay the real property taxes and assessments for the first half of 2004, in the principal sum of $107.48 together with additional taxes, interest and penalties accrued or to accrue up to the time of payment.
As of the March 16, 2005, the principal balance currently owing on the obligation secured by the aforementioned deed of trust is fifty seven thousand seventy seven dollars and ninety six cents ($57,077.96); accrued interest, at a per annum rate of twelve percent (12.00%), in the amount of three thousand six hundred seventy six dollars and fourteen cents ($3,676.14), and late charges in the amount of three hundred fifty four dollars and twenty four cents ($354.24), for a total due, as of the aforementioned date, of sixty one thousand, one hundred, eight dollars and thirty four cents ($61,108.34), exclusive of all delinquent taxes, any interest or penalties thereon and escrow fees. Said delinquent amount continues to accrue interest, late charges and/or fees, escrow fees and/or charges, foreclosure costs and attorneys fees and outstanding taxes and penalties, if any. All delinquencies are now due in full together with all late charges, advances to protect the security, and fees and costs associated with this foreclosure sale.
The Beneficiary elects, and has directed the Successor Trustee, to sell or cause the aforementioned parcel of real property to be sold to satisfy said obligations. The sale shall be governed by the provisions contained in Title 45, Chapter 15, Idaho Code. The Successor Trustee's authority herein is evidenced by an appointment of successor Trustee recorded as Instrument No. 669314 in the records of Boner County, State of Idaho.
Dated this 28th day of April, 2005.
Edwin B. Holmes, ISB #4668
holmes law office, p.a.
2115 sherman ave.,
suite 107
coeur d'Alene id 83814
telephone: (208) 664-2351
Legal 6963
May 4, 11, 18, 25, 2005