NOTICE OF TRUSTEE'S SALE

NOTICE IS HEREBY GIVEN that on January 9, 2007, 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:

Lot 33 of the FIRST ADDITION TO SAND CREEK ESTATES, according to the plat thereof, recorded in Book 3 of Plats, Page 83, 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 TIMBER-LAND AG, LLC, an Idaho limited liability company, 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 THE JAMES COMPANY, as Beneficiary, said Deed of Trust having been recorded on April 10, 2003, as Instrument No. 622276, official records of Bonner County, Idaho.

THE ABOVE GRANTOR IS NAMED TO COMPLY WITH S45-1506(4)(a) IDAHO CODE. NO REPRESENTATION IS MADE THAT IT 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 or before April 10, 2004, and failure to pay the 2005 real property taxes.

The balance owing as of the date hereof on the obligation secured by said Deed of Trust is the amount of $40,484.72, plus accrued interest at the rate of 9.0% per annum from April 10, 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 1st day of September, 2006.

CATHERINE L. DULLEA

Attorney at Law

Successor Trustee

Legal SNP# 8149

Sept. 26, Oct. 3, 10, 17, 2006