NOTICE OF TRUSTEE'S SALE
NOTICE IS HEREBY GIVEN that on May 9, 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:
EXHIBIT "A"
LEGAL DESCRIPTION
The North half of the South half of Government Lot 1 and the North half of the South half of the Northeast quarter of the Northwest quarter of Section 30, Township 58 North, Range 1 East, Boise Meridian, Bonner County, Idaho. Grantors' reservation of easement is in favor of the Southeast quarter of the Southwest quarter of said Section 30.
TOGETHER WITH AND SUBJECT TO AND RESERVING an easement fOl' ingress, egress and utilities over and across the following described centerline, beginning at a point on the South right of way line of Rapid Lightning Creek Road, which bears South 48° 47'21" West a distance of 1767.93 feet from the Northeast corner of Section 24, Township 58 North, Range I West of the Boise Meridian, Bonner County, Idaho, which said Section corner is marked by a 2" iron pipe;
thence 15.00 feet on each side of the following described centerline, South 02° 14'17" East a distance of 108.39 feet;
thence South 04° 12'44" East a distance of 131.75 feet;
thence South 06° 44'53" East a distance of 164.49 feet;
thence South 01 ° 03'52" West a distance of 99.98 feet;
thence South 49° 12'15" East a distance of 87.62 feet;
thence South 89° 29'20" East a distance of 84.43 feet;
thence North 74° 00'43" East a distance of 112.13 feet;
thence North 89° 09'29" East a distance of 51.26 feet;
thence South 75° 01 '41" East a distance of 55.40 feet;
thence South 53° 27'01" East a distance of 40.40 feet;
thence South 00° 07'36" East a distance of 564.59 feet;
thence on a curve to the left having a radius of 393.21 feet and a central angle of 34° 03'43" for an arc distance of 233.76 feet;
thence South 34° 11' 19" East a distance of 120.75 feet;
thence South 25° 34'20" East a distance of 25.23 feet;
thence 15.00 feet on the right (Southerly) and 45.00 feet on the left (Northerly) side of the following described centerline:
South 25° 34'20" East a distance of 59.17 feet;
thence on a curve to the left having a radius of 120.00 feet and a central angle of 48° 39'01" for an arc distance of I 01.89 feet;
thence South 74° 13'21" East a distance of 70.21 feet;
thence on a curve to the right having a radius of 445.00 feet and a central angle of 17° 29'45" for an arc distance of 135.89 feet;
thence South 56° 43'36" East a distance of 142.85 feet;
thence on a curve to the Right having a radius of 235.00 feet and a central angle of 27° 29'58" for an arc distance of 112.79 feet;
thence South 29° 13'38" East a distance of 106.03 feet;
thence on a curve to the right having a radius of 240.00 feet and a central angle of 26° 39'40" for an arc distance of 111.68 feet;
thence South 02° 33'58" East a distance of 31.75 feet;
thence 15.00 feet on each side of the following described centerline;
South 02° 33'58" East a distance of 73.66 feet;
thence on a curve to the left having a radius of 250.00 feet and a central angle of 46° 50'50" for an arc distance of 204.41 feet;
thence South 49° 24'48" East a distance of 248.57 feet;
thence on a curve to the left having a radius of 200.00 feet and a central angle of 97° 35'52" for an arc distance of 340.66 feet;
thence North 32° 59'40" East a distance of 68.68 feet;
thence on a curve to the left having a radius of 150.00 feet and a central angle of 36° 36'52" for an arc distance of 95.86 feet;
thence North 69° 36'32" East a distance of 16.49 feet to a road intersection point;
thence continuing Southerly along a road described in State of Idaho Acquired Easement No. 436, recorded November 26, 1996, as Instrument No. 495611, 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 JOSEPH M. GINTER, a widower, as Grantor, to Sandpoint Title Co., 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 Independent Mortgage Ltd. Co., an Idaho limited liability company, as Beneficiary, said Deed of Trust having been recorded on May 30, 2001, as Instrument No. 582179, official records of Bonner County, Idaho. The Beneficial interest was assigned to STEVEN G. LAZAR, an unmarried man, recorded on May 30, 2001, as Instrument No. 582180, 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 Grantor and/or assumptive Grantor(s) to pay in full the outstanding principal balance plus accrued interest thereon, on July 1, 2005.
The balance owing as of the date hereof on the obligation secured by said Deed of Trust is the amount of $7,948.33, plus accrued interest at the rate of 12.0% per annum from September 28, 2005 through December 1, 2005, and at a rate of 18.0% per annum from December 2, 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 29TH day of December, 2005.
CATHERINE L. DULLEA
Attorney at Law
Successor Trustee
Legal SNP#7541
Jan. 11, 18, 25, Feb. 1, 2006