NOTICE OF TRUSTEE'S SALE

TS No. 07-27545 Title Order No. W730860 Parcel No. RP K0218024014A A The following described property will be sold at public auction to the highest bidder, payable in lawful money of the United States, In the lobby of Alliance Title & Escrow, 1 05 Pine St., Ste 101, Sandpoint, ID 83864, on 11/26/2007 at 11:00 am, (recognized local time) for the purpose of foreclosing that certain Deed of Trust recorded 11/27/2006 as Instrument Number 717779, and executed by Jason Ray Gallaher, a married man as his sole & separate property , as Grantor(s), in favor of Mortgage Electronic Registration Systems, Inc. , as Beneficiary, to ReconTrust Company, N.A. , the Current Trustee of record, covering the following real property located in Bonner County, state of Idaho: The land described herein is situated in the Sate of Idaho, County of Bonner, City of Kootenai, and is described as follows: Lots 14, 15, 16, 15, Block 24, Kootenai Townsite according to the plat thereof recorded in Book 1 of plats, at page 84, records of Bonner County, Idaho. The Trustee has no knowledge of a more particular description of the above referenced real property, but for purpose of compliance with Idaho Code, Section 60-113, the Trustee has been informed that the street address of, 104 Main Street, Kootenai, ID 83840 is sometimes associated with said real property. Bidders must be prepared to tender the trustee the full amount of the bid at the sale in the form of cash, or a cashier's check drawn on a state or federally insured savings institution. Said sale will be made without covenant or warranty, express or implied, regarding title, possession or encumbrances to satisfy the obligation secured by and pursuant to the power of sale conferred in that certain Deed of Trust. The default for which this sale is to be made is: Failure to pay the monthly payment due 04/01/2007 of principal, interest and impounds and subsequent installments due thereafter; plus late charges, with interest currently accruing at 8.780 % per annum; together with all subsequent sums advanced by beneficiary pursuant to the terms and conditions of said Deed of Trust, and any supplemental modifications thereto. The principal balance owing as of this date on said obligation is $ 181,685.50 , plus interest, costs and expenses actually incurred in enforcing the obligations thereunder and in this sale, together with any unpaid and/or accruing real property taxes, and/or assessments, attorneys' fees, Trustees' fees and costs, and any other amount advanced to protect said security, as authorized in the promissory note secured by the aforementioned Deed of Trust. Therefore, the Beneficiary elects to sell, or cause said trust property to be sold, to satisfy said obligation. Notice is hereby given that this firm is attempting to collect a debt and any information obtained will be used for that purpose, and that the debt may be disputed. 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. Dated: 07/11/2007 Name and Address of the Current Trustee is: ReconTrust Company, N.A., 1757 Tapo Canyon Road, SVW-88 Simi Valley, CA 80028-1821 Phone: (800) 281-8219 ReconTrust Company, N.A. Successor Trustee Cathy Craig, Assistant Secretary ASAP# 876148

Legal SNP 8815

July 20, 27, August 3, 10, 2007