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April 24, 2012 midnight

Legals April 24, 2012

File No.: 125228 / 4990905225-BO CMC No. 5583/ Vaughn NOTICE OF TRUSTEE'S SALE On Thursday, July 26, 2012 at the hour of 10:30AM, of said day, in the office of Alliance Title & Escrow Corp. located at 1270 Northwood Center Court, Coeur d' Alene, ID \u202083814, Alliance Title & Escrow Corp., as successor trustee, will sell at public auction, to the highest bidder, for cash, cashiers check, certified check or tellers check, (from a bank which has a branch in the community at the site of the sale), money order, State of Idaho check or local government check, or cash equivalent in lawful money of the United States, all payable at the same time of sale, the following described real property, situated in the County of Kootenai, State of Idaho, and described as follows, to wit: Lot 4, Block 15, The Meadows Third Addition, according to the plat recorded in Book 'J' of Plats at Page 294, Records of Kootenai 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, SECTION 60-113, THE TRUSTEE HAS BEEN INFORMED THAT THE STREET ADDRESS OF: 3140 North Gracedale Court, Post Falls, ID \u202083854, MAY SOMETIMES BE ASSOCIATED WITH SAID REAL PROPERTY. If the successful bidder cannot provide the bid price by means of one of the above means of payment, the sale will be postponed for 10 minutes only to allow the high bidder to obtain payment in a form prescribed herein above. \u2020If the high bidder is unsuccessful in obtaining payment as directed within 10 minutes, the sale will be re-held immediately and any bid by the high bidder from the previous sale, will be rejected, all in accordance with Idaho Code 45-1502 et. Sec. Said sale will be made without covenant or warranty regarding title, possession or encumbrances to satisfy the obligation secured by and pursuant to the power of sale conferred in the deed of trust executed by David Vaughn, a married person, as Grantor to Alliance Title & Escrow Corp., as Successor Trustee, for the benefit and security of Central Mortgage Company as Successor Beneficiary, recorded March 21, 2007 as Instrument No. 2089395000, Mortgage records of Kootenai County, Idaho. \u2020THE 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. The default for which this sale is to be made is failure to: Make principal and interest payments as set forth on said Deed of Trust and Promissory Note. \u2020The original loan amount was $475,000.00 together with interest thereon at the rate of 6.3750% per annum, as evidenced in Promissory Note dated March 16, 2007. \u2020Payments are in default for the months of December 2008 through and including December 2010 in the amount of $2,523.44 per month and continuing each and every month thereafter until date of sale or reinstatement. \u2020The principal balance as of December 29, 2011 is $475,000.00 together with accrued and accruing interest thereon at the rate of 6.3750% per annum. \u2020The per diem is $82.96. \u2020In addition to the above, there is also due any late charges, advances, attorney fees, fees or costs associated with this foreclosure. The balance owing as of this date on the obligation secured by said deed of trust is $475,000.00, excluding interest, costs and expenses actually incurred in enforcing the obligations thereunder or in this sale, as trustee's fees and/or reasonable attorney's fees as authorized in the promissory note secured by the aforementioned Deed of Trust. Dated: March 26, 2012 Alliance Title & Escrow Corp. By: Bobbi Oldfield, Trust Officer Phone: 208-947-1553 This communication is on behalf of a debt collector and is an attempt to collect a debt. Any information obtained will be used for that purpose. Legal 5044 April 3, 10, 17, 24, 2012

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