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PUBLIC AUCTION —OF—
VALUABLE REAL ESTATE With Reserve
Known as James F. Smith Farm, On Routes 522 & 231, south of Sperryville Rappahannock County, Virginia
SATURDAY, MAY 10th, 1969 10:00 A. M. (1) LOT A fronts a distance of 2297.99 ft. on Route 231 and contains 29.22 acres. (2) LOT B fronts a distance of 839.07 ft. on Route 522 and contains 26.90 acres. (3) LOT C fronts a distance of 994.21 ft. on Route 231 and contains 26.92 acres. (4) LOT D fronts a distance of 301.35 ft. on Route 522 and a distance of 202.19 ft. on Route 231 and contains 1.44 acres. (5) LOT E fronts a distance of 2557.29 ft. on Route 231 and contains 81.33 acres. Being the same land conveyed to the Virginia Baptist Home, Inc. by deed of James F. Smith et ux dated the 3rd day of June, 1968, and recorded in Deed Book 94, Page 189, among the land records of Rappahannock County, Virginia. TERMS OF SALE: All lots will be sold individually and then in groups as a whole and the highest bid, whether for individual lots or as a whole, will be accepted. All bids, however, are subject to the approval of the Board of Trustees of the Virginia Baptist Home, Inc. 10% of purchase price to be paid at sale and balance within 30 days at which time delivery of deed will be made. Financing will be arranged for approved purchasers by a total payment at settlement (including the aforesaid 10%) of 20% down and the balance of the purchase price being 80% to be represented by a note amortized semi, annually over a period of 10 years bearing interest at the rate of 8% which note shall be secured by a first deed of trust on the property purchased. For inspection and further information concerning the above described property, contact Mr. F. Bernard LeSueur, Virginia Baptist Home, Inc., Culpeper, Virginia. Telephone: AC 703, 825-2411.
Virginia Baptist Home, Inc. Auctioneer: HERBERT HASH.
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