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Trustee’s Sale
OF VALUABLE
■ •. ' . • • i
Swiss Chalet Village
' • 1 , k. V • S iV if .i • 4 ' l
and
Hunt Club
U/2 MILES SOUTHWEST OF SPERRYVILLE
On U. S. Highway 211, an 1.59 acres, more or loss Default having boon made in tho monthly installments of Throo Hundred and Fifty ($350.00) Dollar* of that certain negotiable Aomestead waiver bond dated September 1, 1949, and executed by Edna V. Eanea and John W. Eanes, jointly, due and payable on or before the 15th day of May, 1955, to Terrill Braxelton and Eleanor Braxelton, said bond* being in the principal sum of $54,500.00 as well a* default being made in the payment of the interest of 6% per annum, payable in monthly installments, and notice in writing to the undersigned Trustee to execute the d4ed of trust securing said bonds by selling tbo real estate given as security therefor to satisfy said indebtedness/of approximately $54,500.00 with interest thereon, the undersigned will, on
Sat., July 8, 1950
At the front door of the Courthouse of Rappahannock
County, Virginia, at 11 A. M. offer and expose to public sale that certain Swiss Chalet Village and Hunt Club situate 1 Vi miles southwest ef Sperryville and on U.S. Highway 211, on 1.59 acre, more or less, situate in Piedmont Magisterial District, Rappahannock County, Virginia, adjoining the lands of Frank Fitxhuo and others and being the identical real estate conveyed to John W. Eanes and Edna V. Eanos, his wife, by deed dated August 24, 1949, of record in the Clerk’s Office sf Rappahannock County, Virginia, pa September jO, 1949, in Deed Book 52 Pago 299.
This real estate is being offered subject to that certain prior deed of trust conveyed by Edward L. Andrews and Theresa V. Andrews to R. V. Snead, Trustee, by deed dated May 15, 1945, duly of record in said Clerk’s Office In Deed Book 50 Page 290 which deed of trust as of the day of sale is believed to be in the sum of $13,500.00, the true amount and the interest thereon will be announced on the day of. sale.
This is a desirable and well located tourist cottage court with modern facilities and inspection of the premises is invited as this real estate must be seen by prospective purchaser in order to be appreciated.
TERMS OF SALE
One-third of the purchase price in cask-on day of sale, the deferred installments of said purchase price to bn evidenced by the negotiable homestead waiver bonds of the purchaser, due and payable on or before one and two years after the respective dates thereof, with the right given the purchaser at the said sal* to anticipate the deferred installment* and pay the entire purchase price in cash, and in the event sal* is bade upon the-basis of one-third cask and the balance in installments then said installment* to be secured by doed of trust upon said real estate with fir* insurance policy taken out in some good and solvont fir* insurance company on the buildings on said real estate in an amount at least equal to tho deferred installments if possible to so insure for and if not, and in such stMii/ then in an amount as near to the deferred installments as possible to insure for with loss mortgage clause payable to the Trustee as security for the eventual payment of the deferred installments.
Given under my hand this 31st day of May, 1950.
x JOHN V. BAUSERMAN, Trustee
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