Legal Notice STATE OF IDAHO LAND SALES PUBLIC AUCTION SALE Auctions with Published Reserve Pursuant to Idaho Code 58-313, notice is hereby given that the State of Idaho, Department of Lands (hereinafter IDL ), will conduct a public auction for multiple real property parcels pursuant to Article IX of the Idaho Constitution. This will be an auction for a fee simple interest in fifty (50) separate parcels of land with reserve ( VAFO ). IDL has retained Corbett Bottles Real Estate Marketing, LLC, to conduct this auction. Auction activities will begin at 3:00 PM on August 24 th, 2018 and 10:00 am on August 25th, at the Coeur d Alene Resort, 115 S. 2 nd St. Coeur d Alene, ID 83814 for each of the following described parcels of real property situated in Bonner County, Idaho, to wit: Street Address, Legal Description, Reserve amount for land ( RES ), Appraised Personal Property ( APP ): Bear Creek Subdivision 1. 412 Upper Bear Creek Bay Road, Coolin, ID 83821 Lot 8, Block 1 of State Subdivision - Bear Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 168, records of Bonner RES $360,000 APP $260,000 2. 414 Upper Bear Creek Bay Road, Coolin, ID 83821 Lot 7, Block 1 of State Subdivision - Bear Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 168, records of Bonner Res $416,000 APP $371,000 Camp Cudge Landing Subdivision 3. 1159 N Camp Cudge Road, Coolin, ID 83821 Lot 7, Block 1, State Subdivision - Camp Cudge Landing, according to the plat thereof, recorded in Book 10 of Plats, Page 155, records of Bonner Res $458,000 APP $67,000 4. 1825 N Camp Cudge Road, Coolin, ID 83821 Lot 3 in Block 1 of State Subdivision - Camp Cudge Landing, according to the plat thereof, recorded in Book 10 of Plats, Page 155 as Instrument No. 839533, records of Bonner RES $497,000 APP $308,000 Cougar Creek Subdivision 5. 134 E Cavanaugh Bay Road, Coolin, ID 83821 Lot 14, Block 1 of State Subdivision - Cougar Creek, according to the plat thereof, recorded in Book 10 RES $444,000 APP $36,000 6. 138 E Cavanaugh Bay Road, Coolin, ID 83821 Lot 16, Block 1 of State Subdivision - Cougar Creek, according to the plat thereof, recorded in Book 10 Res $537,000 APP $356,000 7. 198 E Cavanaugh Bay Road, Coolin, ID 83821 Lot 12, Block 1 of State Subdivision - Cougar Creek, according to the plat thereof, recorded in Book 10 RES $456,000 APP $100,000 8. 422 E Cavanaugh Bay Road, Coolin, ID 83821 Lot 5, Block 1 of State Subdivision - Cougar Creek, according to the plat thereof, recorded in Book 10 RES $495,000 APP $235,000 9. 520 E Cavanaugh Bay Road, Coolin, ID 83821 Lot 1, Block 1 of State Subdivision - Cougar Creek, according to the plat thereof, recorded in Book 10 RES $476,000 APP $194,000 Hidden Cove Subdivision 10. 122 Hidden Cove Road, Coolin, ID 83821
Lot 2, Block 1 of State Subdivision - Hidden Cove, according to the plat thereof, recorded in Book 10 of Plats, page 167, records of Bonner RES $605,000 APP $800,000 11. 124 Hidden Cove Road, Coolin, ID 83821 Lot 1, Block 1 of State Subdivision - Hidden Cove, according to the plat thereof, recorded in Book 10 of Plats page 167, records of Bonner RES $475,000 APP $75,000 Horton Creek Subdivision 12. 151 Eight Mile Road, Coolin, ID 83821 Lot 30, Block 1 and an undivided one-twelfth (1/12th) interest in Lot 3, Block 4 of State Subdivision - RES $580,000 APP $590,000 13. 217 Eight Mile Road, Coolin, ID 83821 Lot 33, Block 1 and an undivided one-twelfth (1/12th) interest in Lot 3, Block 4 of State Subdivision - RES $585,000 APP $715,000 14. 338 Eight Mile Road, Coolin, ID 83821 Lot 43, Block 1 and an undivided one-twelfth (1/12th) interest in Lot 3, Block 4 of State Subdivision - RES $551,000 APP $101,000 15. 44 W Horton Creek Road, Coolin, ID 83821 Lot 25, Block 1 and an undivided one-eleventh (1/11th) interest in Lot 1, Block 4, State Subdivision - RES $492,000 APP $126,000 16. 80 Two Creeks Road, Coolin, ID 83821 Lot 5, Block 1 and an undivided one-ninth (1/9th) interest in Lot 1, Block 2 of State Subdivision - Horton Creek, according to the plat thereof, recorded in Book 10 of Plats, page 151, records of Bonner County, Idaho. RES $421,000 APP $212,000 Hunt Creek Subdivision 17. 118 Cutthroat Road, Coolin, ID 83821 Lot 26 in Block 1 of State Subdivision - Hunt Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 159, as Instrument No. 840099, records of Bonner And a one-sixth interest in Drainfield Lot 1, Block 2 of State Subdivision - Hunt Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 159, as Instrument No. 840099, records of Bonner Res $413,000 APP $175,000 18. 124 Bull Trout Road, Coolin, ID 83821 Lot 19 in Block 1 of State Subdivision - Hunt Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 159, as Instrument No. 840099, records of Bonner And a one-quarter interest in Drainfield Lot 17 in Block 1 of State Subdivision - Hunt Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 159, as Instrument No. 840099, records of Bonner RES $377,000 APP $273,000 19. 126 Bull Trout Road, Coolin, ID 83821 Lot 18 in Block 1 of State Subdivision - Hunt Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 159, as Instrument No. 840099, records of Bonner And a one-quarter interest in Drainfield Lot 17 in Block 1 of State Subdivision - Hunt Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 159, as Instrument No. 840099, records of Bonner. Res $469,000 APP $193,000 20. 138 N Hunt Creek Road, Coolin, ID 83821 Lot 48 in Block 1 of State Subdivision - Hunt Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 159, as Instrument No. 840099, records of Bonner And a 1/8 interest in
Drainfield Lot 47, in Block 1 of State Subdivision - Hunt Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 159, as Instrument No. 840099, records of Bonner RES $561,000 APP $194,000 21. 152 S Mackinaw Road, Coolin, ID 83821 Lot 38 in Block 1 of State Subdivision - Hunt Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 159, as Instrument No. 840099, records of Bonner And a one-fourteenth interest in Drainfield Lot 1, Block 3 of State Subdivision - Hunt Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 159, as Instrument No. 840099, records of Bonner RES $415,000 APP $108,000 22. 158 N Hunt Creek Road, Coolin, ID 83821 Lot 50 in Block 1 of State Subdivision - Hunt Creek - according to the plat thereof, recorded in Book 10 of Plats, Page 159, as Instrument No. 840099, records of Bonner And a 1/8 interest in Lot 47 in Block 1 of State Subdivision - Hunt Creek - according to the plat thereof, recorded in Book 10 of Plats, Page 159, as Instrument No. 840099, records of Bonner RES $611,000 APP $84,000 23. 162 S Hunt Creek Road, Coolin, ID 83821 Lot 59 in Block 1 of State Subdivision - Hunt Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 159, as Instrument No. 840099, records of Bonner And a 1/9th interest in Drainfield Lot 1 in Block 5 of State Subdivision - Hunt Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 159, as Instrument No. 840099, records of Bonner RES $352,000 APP $123,000 24. 168 S Rosalia Bay Road, Coolin, ID 83821 Lot 13 in Block 1 of State Subdivision - Hunt Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 159, as Instrument No. 840099, records of Bonner RES $530,000 APP $331,000 25. 198 S Mackinaw Road, Coolin, ID 83821 Lot 40, Block 1 of State Subdivision - Hunt Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 159, as Instrument No. 840099, records of Bonner And a 1/14th interest in Drainfield Lot No. 1 in Block 3 of State Subdivision - Hunt Creek - according to the plat thereof, recorded in Book 10 of Plats, Page 159, as Instrument No. 840099, records of Bonner RES $393,000 APP $69,000 26. 28 Ripple Way, Coolin, ID 83821 Lot 1 in Block 1 of State Subdivision - Hunt Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 159, as Instrument No. 840099, records of Bonner And a 1/6 interest in Drainfield Lot 7 in Block 1 of State Subdivision - Hunt Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 159, as Instrument No. 840099, records of Bonner RES $630,000 APP $255,000 27. 4340 Eastshore Road, Coolin, ID 83821 Lot 43 in Block 1 of State Subdivision - Hunt Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 159, as Instrument No. 840099, records of Bonner And a 1/8 interest in Drainfield Lot 47 in Block 1 of State Subdivision - Hunt Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 159, as Instrument No. 840099, records of Bonner RES $494,000 APP $263,000 28. 58 N Mackinaw Road, Coolin, ID 83821 Lot 30 in Block 1 of State Subdivision - Hunt Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 159, as Instrument No. 840099, records of Bonner And a 1/14th interest in Drainfield Lot No. 1 in Block 3 of State Subdivision - Hunt Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 159, as Instrument No. 840099, records of Bonner RES $424,000 APP $316,000 29. 6 S Mackinaw Road, Coolin, ID 83821 Lot 33 in Block 1 of State Subdivision - Hunt Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 159, records of Bonner And a 1/14 interest in Drainfield Lot 1 in Block 3 of State Subdivision - Hunt Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 159, records of Bonner RES $395,000 APP $1,220,000
Kokanee Point Subdivision 30. 820 Sherwood Beach Road, Coolin, ID 83821 Lot 11 in Block 1 of State Subdivision - Kokanee Point, according to the plat thereof, recorded in Book 10 of Plats, Page 177, as Instrument No. 843544, records of Bonner Res $349,000 APP $197,000 Pinto Point Subdivision 31. 125 Pinto Point Road, Coolin, ID 83821 Lot 37, Block 1 and an undivided 1/53rd interest in Lot 1, Block 2 of State Subdivision - Pinto Point, Res $546,604 APP $755,000 32. 272 Pinto Point Road, Coolin, ID 83821 Lot 4, Block 1 and an undivided 1/53rd interest in Lot 1, Block 2 of State Subdivision - Pinto Point, RES $542,604 APP $132,000 33. 323 Pinto Point Road, Coolin, ID 83821 Lot 30, Block 1 and an undivided 1/53rd interest in Lot 1, Block 2 of State Subdivision - Pinto Point, Res $419,604 APP $164,000 34. 382 Pinto Point Road, Coolin, ID 83821 Lot 9, Block 1 and an undivided 1/53rd interest in Lot 1, Block 2 of State Subdivision - Pinto Point, Res $425,604 APP $260,000 35. 678 Cape Horn Road, Coolin, ID 83821 Lot 49, Block 1 and an undivided 1/53rd interest in Lot 1, Block 2 of State Subdivision - Pinto Point, RES $637,604 APP $273,000 36. 740 Cape Horn Road, Coolin, ID 83821 Lot 46, Block 1 and an undivided 1/53rd interest in Lot 1, Block 2 of State Subdivision - Pinto Point, RES $619,604 APP $182,000 Powerline Subdivision 37. 2935 Cape Horn Road, Coolin, ID 83821 Lot 3, Block 2 of State Subdivision - Powerline, according to the plat thereof, recorded in Book 10 of Plats, Page 150, records of Bonner RES $382,000 APP $73,000 38. 3156 Cape Horn Road, Coolin, ID 83821 Lot 2, Block 5 of State Subdivision - Powerline, according to the plat thereof, recorded in Book 10 of Plats, Page 150, records of Bonner RES $610,000 APP $1,230,000 39. 78 Janet Lane, Coolin, ID 83821 Lot 9, Block 3 of State Subdivision - Powerline, according to the plat thereof, recorded in Book 10 of Plats, Page 150, records of Bonner RES $521,000 APP $73,000 Tanglewood Point 40. 1432 Rocky Point Road, Coolin, ID 83821 Lot 26, Block 1 of State Subdivision - Tanglewood Point, according to the plat thereof, recorded in Book 10 of Plats, Page 162, records of Bonner
Res $473,000 APP $118,000 41. 1370 Rocky Point Road, Coolin, ID 83821 Lot 24, Block 1 of State Subdivision - Tanglewood Point, according to the plat thereof, recorded in Book 10 of Plats, Page 162, records of Bonner RES $513,000 APP $319,000 42. 44 S Rocky Point Road, Coolin, ID 83821 Lot 17, Block 1 of State Subdivision - Tanglewood Point, according to the plat thereof, recorded in Book 10 of Plats, Page 162, records of Bonner RES $491,000 APP $101,000 43. 102 S Rocky Point Road, Coolin, ID 83821 Lot 14, Block 1 of State Subdivision - Tanglewood Point, according to the plat thereof, recorded in Book 10 of Plats, Page 162, records of Bonner RES $472,000 APP $363,000 44. 22 S Rocky Point Road, Coolin, ID 83821 Lot 18, Block 1 of State Subdivision - Tanglewood Point, according to the plat thereof, recorded in Book 10 of Plats, Page 162, records of Bonner RES $446,000 APP $189,000 Two Mouth Creek 45. 566 State Cabin Road, Coolin, ID 83821 Lot 1, Block 1 of State Subdivision - Two Mouth Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 153, records of Bonner RES $629,000 APP $82,000 46. 278 State Cabin Road, Coolin, ID 83821 Lot 10, Block 1 of State Subdivision - Two Mouth Creek, according to the plat thereof, recorded in Book 10 of Plats, Page 153, records of Bonner RES $586,000 APP $904,000 Woody s Point 47. 72 Powerline Road, Coolin, ID 83821 Lot 13 in Block 1 of State Subdivision - Woody's Point, according to the plat thereof, recorded in Book 10 of Plats, Page 154, as Instrument No. 839532, records of Bonner And Drainfield Lot 1 in Block 2 of State Subdivision - Woody's Point, according to the plat thereof, recorded in Book 10 of Plats, Page 154, as Instrument No. 839532, records of Bonner RES $515,000 APP $93,000 48. 248 Powerline Road, Coolin, ID 83821 Lot 8 in Block 1 of State Subdivision - Woody's Point - according to the plat thereof, recorded in Book 10 of Plats, Page 154, as Instrument No. 839332, records of Bonner RES $539,000 APP $91,000 49. 1176 Cape Horn Road, Coolin, ID 83821 Lot 50 in Block 1 of State Subdivision - Woody's Point, according to the plat thereof, recorded in Book 10 of Plats, Page 154, as Instrument No. 839532, records of Bonner RES $554,000 APP $546,000 50. 144 Char Lane, Coolin, ID 83821 Lot 21 in Block 1 of State Subdivision - Woody's Point, according to the plat thereof, recorded in Book 10 of Plats, Page 154, as Instrument No. 839532, records of Bonner RES $429,000 APP $56,000 Terms and Conditions: 1. The auction, for the land only, will be with a reserve amount as stated in the above list of properties. All bids are subject to acceptance by IDL at close of bidding. The winning bid accepted by IDL (the Successful Bid ) must equal or exceed the reserve amount. 2. All bidders at the auction must be citizens of the United States, eighteen (18) years of age or older, of sound mind, and legally competent to own and transfer real property in the State of Idaho. 3. The State of Idaho owns the land in fee simple and will transfer the fee simple estate in the land to the successful bidder. 4. Bids for each parcel are for the purchase of the land only, and do not include the personal property, generally perceived to be improvements and fixtures located on the land (the Personal Property ), which is owned by someone other than the State of Idaho.
5. The land shall be sold AS IS, subject to all existing easements or claims of easements, rights of way, protective covenants, encumbrances, zoning ordinances and applicable building codes, laws and regulations, encroachments, overlaps, boundary line disputes and all other matters, whether or not of record (collectively referred to as encumbrances ). IDL does not guarantee the accuracy of the encumbrances or acreage, if any, identified in the property description. 6. A bidder who is not the current lessee of the auctioned land shall be required to provide a bid deposit ( Bid Deposit ) in the amount of Fifty Thousand Dollars ($50,000) for an lot in the form of a cashier s check in order to bid. The Bid Deposit shall be paid at the close of auction and applied to the purchase of the land at the close of escrow. The Bid Deposit shall be nonrefundable in the event the successful bidder fails to close the Purchase and Sale Agreement ( PSA ). 7. The successful bidder ( Bidder ) shall be required to pay at the close of auction the sum listed for the Personal Property in the list of properties above, which sum is equal to the appraised or lesser agreed to value of the Personal Property ( Personal Property Value ), in accordance with Idaho Code 58-313. 8. In addition to the Bid Deposit and the Personal Property Value to be paid at the close of auction, Bidder shall pay the following auction costs at the close of auction: a) an administration fee in an amount equal to One Percent (1%) of the appraised value of the land; b) an appraisal fee for appraisal of the land in the amount of One Thousand Dollars ($1,000), and, c) a title deposit in the amount of Eight Hundred Dollars ($800). Additional costs and fees identified in the PSA, including an additional administration fee for non-lessees in the amount of Four Percent (4%) of the Successful Bid, and closing costs, shall be paid at close of escrow. 9. At the close of auction, Bidder shall execute a PSA with IDL, the form of which can be reviewed at CorbettBottles.com as set forth above. 10. The PSA shall include the purchase and sale of both the land and Personal Property. 11. A close of escrow date shall be established by IDL not sooner than thirty (30), but no more than sixty (60) days following the close of auction unless otherwise agreed upon in writing. 12. Upon close of escrow, if any, the owner of the Personal Property shall receive an amount equal to the Personal Property Value. 13. At close of escrow, after paying the balance due pursuant to the PSA, Bidder will receive a State Deed, without warranty, conveying title to the land, and a Bill of Sale transferring title to the Personal Property from the owner. The form of the State Deed and Bill of Sale may be reviewed at CorbettBottles.com. 14. If Bidder fails to pay all amounts due and owing as required at the close of the auction or by the PSA at close of escrow, then all amounts paid by Bidder at the time of auction or thereafter, including the Bid Deposit and the amount paid equal to the Personal Property Value, shall be forfeited to IDL without any further action required by IDL; the PSA shall be deemed terminated; and, IDL shall be entitled to place the land for re-auction immediately, or as IDL deems appropriate in its discretion. 15. IDL may cancel this auction at any time prior to IDL s acceptance of a final bid. Detailed information on this land can be obtained from Corbett Bottles Real Estate Marketing by visiting their office located at 839 S. Bridgeway Place, Eagle, ID 83616; by telephone at 208-377-5700; or by visiting their website at CorbettBottles.com.