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NOTICE OF TRUSTEE'S SALE

| October 25, 2005 9:00 PM

NOTICE IS HEREBY GIVEN that on February 21, 2006, 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:

A portion of the Northwest Quarter of Section 17, Township 55 North, Range 5 West, Boise Meridian, Bonner County, Idaho, described as follows:

Beginning at a point on the West line of said Northwest Quarter, 1320 feet South of the Northwest corner thereof, thence South 45o East to the Northwesterly right of way line of the County Road, thence, Southwesterly along said right of way line to the West line of the Northwest Quarter of said Section 17, thence, North along said West line to the Point of Beginning.

The purported physical address is 4140 HooDoo Loop Road, Blanchard, ID.

The trustee has no knowledge of a 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 JEREMY K. STOTLER and KAMIE L. STOTLER, husband and wife, as Grantors to First American Title Co., as Trustee, and said Trustee having resigned and the Beneficiaries having appointed Catherine L. Dullea, Attorney at Law, as Successor Trustee, for benefit and security of DAVID W. MORGAN, a married man, as Beneficiary, said Deed of Trust having been recorded on March 8, 2004, as Instrument No. 645414, official records of Bonner County, Idaho.

The Beneficial interest was assigned to DAVID W. MORGAN, a married man, and DENNIS P. HERRINGTON, a married man, recorded March 8, 2004, as Instrument No. 645415, records of Bonner County Idaho.

THE ABOVE GRANTORS ARE NAMED TO COMPLY WITH S45-1506(4)(a) IDAHO CODE. NO REPRESENTATION IS MADE THAT THEY ARE, OR ARE 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 $267.00, each, for the months of March, April, May, June, July, August, and September, 2005, failure to pay late charges of $13.35, each, for the same months, failure to pay default fee of $100.00, and failure to pay for 2004 real property taxes.

The balance owing as of date hereof on the obligation secured by said Deed of Trust is the amount of $39,380.36, plus accrued interest at the rate of 8.0% per annum from February 24, 2005, 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 12th day of October, 2005.

CATHERINE L. DULLEA,CHTD

Attorney at Law

Successor Trustee

101 N. Fourth Avenue, Suite 204

Sandpoint, Idaho 83864

PHONE: (208)265-2276

Legal 7368

Oct. 25, Nov. 1, 8, 15, 2005