Saturday, February 04, 2023

Legals for January, 18 2022

| January 18, 2022 12:00 AM

When recorded return to: Eric A. Anderson, ISB No. 9747 WILSON LAW FIRM P.O. Box 3009 Bonners Ferry, ID 83805 NOTICE OF TRUSTEE'S SALE On the 28th day of February, 2022, at the hour of 10:00 o'clock a.m., of said day, on the steps of the Boundary County Courthouse (6452 Kootenai St, Bonners Ferry, Idaho), the Wilson Law Firm, as Successor Trustee, will sell at public auction, to the highest bidder, for cash (the Successor Trustee is authorized to make a credit bid for the Beneficiary) in lawful money of the United States of America, all payable at the time of the sale, the following described real property, situated in Boundary County, State of Idaho, to-wit: That certain real property located in a portion of Government Lot 5, Section 22, Township 62 North, Range 2 East, Boise Meridian, Boundary County, Idaho, more particularly described as follows: Beginning at the Southeast corner of said Government Lot 5, a found 3 1/4" aluminum monument marker CE 1/16, said point being the true Point of Beginning, thence North 00°31'01" East, 1,714 feet, more or less, along the East line of said Government Lot 5 to a point on the high water line of the Kootenai River; thence Westerly along said high water line to a point that lies North 20°43'44" East, 1,723 feet, more or less, to said corner of Government Lot 5 and the true Point of Beginning. LESS railroad right-of-way. TOGETHER WITH a 30-foot wide ingress, egress and utility easement adjacent to and parallel with the Northwesterly railroad right-of-way in said Government Lot 5. AND SUBJECT TO the following restriction: Only one residence can be built on the property described above. For the purposes of compliance with Idaho Code 60-113, the Successor Trustee has been informed that the address of NNA, ID. S22-T62N-R2E may sometimes be 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 BOBBY INVERNON and HEIDI INVERNON, husband and wife, as to an undivided 50% interest, as Grantors, to FIRST AMERICAN TITLE COMPANY, INC. an Idaho corporation, as Trustee, for the benefit and security of DAVID D. PETERSON and NANCY K. PETERSON, husband and wife, as Beneficiary; said Deed of Trust having been recorded on June 16, 2006 as Instrument No. 226986 in the official records of Boundary County, Idaho. The appointment of Eric A. Anderson of the Wilson Law Firm as Successor Trustee recorded on April 11, 2019 as Instrument No. 277417 in the records of Boundary County, Idaho. The above Grantors are named to comply with Idaho Code Section 45-1506(4)(a). No representation is made that they are or are not presently responsible for this obligation. Furthermore, the Grantor is in default, as evidenced by the Notice of Default officially recorded in the records of Boundary County, Idaho as Instrument No. 288590, and the Beneficiary elects to foreclose the Deed of Trust, for failure to pay when due the annual installments set forth on the Note secured by the Deed of Trust. The principal balance is $91,172.93. Interest from August 4, 2010 through October 1, 2021, is $68,747.39 and is accruing interest at a rate of 6.75% until paid in full. Payoff will include any remaining escrow, trustee or attorney fees and expenses owing. The balance owing as of October 1, 2021, on the obligation secured by said Deed of Trust is the amount of $160,623.32 plus accrued interest at the rate of 6.75% per annum accrued after October 1, 2021, plus any other costs or expenses associated with this obligation or foreclosure as provided by the Deed of Trust or Trust Note or by Idaho law, including but not limited to, escrow agent's default fees and attorneys' fees. And further, that the Successor Trustee has executed this written Notice of Trustee's Sale, and has declared its election to cause the above described real property to be sold to satisfy the obligations of said Deed of Trust. 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. SUCCESSOR TRUSTEE: Eric A. Anderson, of the Wilson Law Firm s/s Eric Anderson Dated this 4th day of October, 2021. STATE OF IDAHO ss. County of Boundary On this 4th day of October, 2021 before me, a Notary Public in and for the said County and State, personally appeared Eric A. Anderson, known to me to be the Successor Trustee of the Deed of Trust mentioned in this Notice of Trustee's Sale, and whose name is subscribed to the within instrument and acknowledged to me that he executed the same. IN WITNESS WHEREOF I have hereunto affixed by hand and official seal the day and year in the certificate first above written. s/s Leanna Andrews Notary Public for Idaho Residing at Bonners Ferry Commission Expires 2/10/23 NOTICE REQUIRED BY IDAHO LAW Mortgage foreclosure is a legal proceeding where a lender terminates a borrower's interest in property to satisfy unpaid debt secured by the property. This can mean that when a homeowner gets behind on his or her mortgage payments, the lender forces a sale of the home on which the mortgage loan is based. Some individuals or businesses may say they can "save" your home from foreclosure. You should be cautious about such claims. It is important that you understand all the terms of a plan to "rescue" you from mortgage foreclosure and how it will affect you. It may result in your losing valuable equity that you may have in your home. If possible, you should consult with an attorney for financial professional to find out what other options you may have. Do not delay seeking advice, because the longer you wait, the fewer options you may have. Under Idaho law, you have five (5) days to rescind or undo certain contracts or agreements that relate to transferring interests in property or money in a foreclosure situation. And attorney or financial professional can help you understand more about this option. Published In The Western News January 4, 11, 18, & 25, 2022. MNAXLP