Notice of Trustee's Sale

Loan No. 0622058865

T.S. No. 022-7572

Investor No. 511

On 5/12/2005, at 11:00 AM (recognized local time), at the following location in the County of Bonner, State of Idaho: At the main entrance to Alliance Title & Escrow Corp., 105 Pine Street, Sandpoint, ID , FIDELITY NATIONAL TITLE INSURANCE COMPANY, as Trustee on behalf of 3 Arch will sell at public auction, to the highest bidder, for cash, in lawful money of the United States, all payable at the time of sale, the following real property, situated in the County of Bonner State of Idaho, and described as follows: Parcel 1: The East Half of Northeast Quarter of the Northeast Quarter of the Southwest Quarter, Section 14, Township 56 North, Range 2 West, Boise Meridian, Bonner County, Idaho; Less any portion lying within the following described tract: Beginning at the point where the North South Sections lines intersect the North Right of Way line line to the Sagle-Midas Road; Thence West, 208 feet to a point; Thence North 624 feet to a point, Thence East , 208 feet to the North-South section line; Thence South, 624 feet to the Point of Beginning Parcel 2: An Easement as described in Document No. 315959, records of Bonner County, Idaho APN: RP56N02W144800A The Trustee has no knowledge of a more particular description of the above referenced real property, but for purposes of compliance with Section 60-113 Idaho Code, the Trustee has been informed that the address of 1549 SAGLE RD , SAGLE, ID 83860 is sometimes associated with said real property. 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 GRAYCE N. ARNOLD, AN UNMARRIED WOMAN, AS TO AN UNDIVIDED 50% INTEREST AND JOHN D. ARNOLD, AN UNMARRIED MAN, AS TO AN UNDIVIDED 50% INTERESTas Grantor/Trustor, in which WASHINGTON MUTUAL BANK FSB, A FEDERAL ASSOCIATION, is named as Beneficiary and FIRST AMERICAN TITLE INS CO, A IDAHO CORPORATION as Trustee and recorded 2/19/2003 as Instrument No. 618915 in book , page of Official Records in the office of the Recorder of Bonner County, Idaho. Please Note: 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 set forth herein. The Default for which this sale is to be made is the failure to pay when due, under Deed of Trust and Note dated 2/7/2003. The monthly installments of principal, interest, and impounds (if applicable) of $886.11, due per month for the months of 9/1/2004 through 1/7/2005, and all subsequent installments until the date of sale or reinstatement. The principal balance owing as of this date on the obligation secured by said Deed of Trust is $82,267.93 together with interest thereon at the current rate of 5.12500 per cent (%) per annum from 8/1/2004. All delinquent amounts are now due, together with accruing late charges, and interest, unpaid and accruing taxes, assessments, trustee's fees, attorney's fees, and any amounts advanced to protect the security associated with this foreclosure and that the beneficiary elects to sell or cause the trust property to be sold to satisfy said obligation. If the Trustee is unable to convey title for any reason, the successful bidder's sole and exclusive remedy shall be the return of monies paid to the Trustee, and the successful bidder shall have no further recourse. Date: 1/7/05 FIDELITY NATIONAL TITLE INSURANCE COMPANY By: THIS IS AN ATTEMPT TO COLLECT A DEBT AND ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.

Legal 5737

January 19, 26, February 2, 9, 2005