Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1891-07-10

TRUSTEES SALE OF VALUABLE REAL
ESTATE.-Pursuant to authority yes
ted in me as Trustee, in certain deed of
trust executed by the Sherwood Land Compa-
ny, bearing date May 7th $780, and recorded
IN the Clerks Office of the Hastings Court of
the city of Staunton, Virginia, in Deed Book
No. TO- page 3l2, and having been requested
in writing so to do by the holder of two of the
bonds, secured in said deed of trust, in the
payment Of which and of the interest thereon,
default has been made and continued for
more than ten days, will, on
august 10th, 1891,
proceed to sell at public auction to the high
est bidder, in front of the Court House Mx
at Staunton, Virginia, Ill of that certain Nf:I1
tract or parcel of land known as ''Sher- AS:1'-
wood, and containing six acres more OF less
lying in the Northeastern part of the city Of
StauntOn, being the same land conveyed to
the Sherwood Land Company by John Llew-
ellyn Massey and wife, by deed dated Nav
It'll, 1890, and recorded in said Clerks office in
Deed Book No. 10 page $40, to which said
last named deed and to the deeds therein re-
ferred to, reference is here specially made for
further and more accurate description of the
property to be sold.
The main building on this property is
large and imposing structure, conveniently
arranged with all modern improvements, and
was built in the most careful manner under
the supervision of a gentleman of means for
his own residence. There is also near this
main building large edifice built for school
purposes. The whole property was occupied
and used for several years as Female Semi
nary. 1t is in the most desirable residence
portion OF StauntOn, and altogether it is be-
lieved to be one of the handsomest and most
desirable properties in the Valley OF Vir-
ginia.
TERMS:-Said sale shall be OH the follow
ing terms: Cash as to so much of the purchase
money as may be necessary to pay the costs
OF executing this trust, and to pay the follow
ing two bonds, to-wit: bond for two thou
send dollars. executed by the Sherwood Land
Company to A. &. BraXton, trustee, dated
May 18th, 1890, payable on or before sixty DAYS
after May LIST, 1890, with six per cent Interest
from May LIST, 1890, subject to a credit of three
hundred dollars, as of July 9TH 1890; second,
bond bearing same date, with the same
obligor and obligee, for six thousand dollars,
payable on OF before twelve months after
May 1st, 1890, with six per cent. interest there
on from May 1st 1890. AS to the residue of
will 60, on such credits as will serve to meet
the following undue bonds, secured in said
deed of trust, to-wit bond for six thousand
dollars, dated May 18th, 1890, payable to A
Z. Braxton, trustee, on OF before two years
after May LIST. 1890; two bonds for eighteen
hundred and seventy-five dollars each, and
one bond for thirteen hundred and fifty dol.
lars, and one for twenty-five hundred dollars.
all dated May It'll, 1880, and payable to W. L.
Fleming OF his assigns, on or before three
years after May LIST, 1890; all of said bonds
are executed by the Sherwood Land Company.
and bear six per cent. interest from their date;
the balance of the purchase money, if any
then remaining, after providing for said I'M
due bonds, shall be on credit of three years
from and after the day Of sale. The purchas-
Ell shall give his bonds for the deferred pay
ments, which shall he secured by deed of
trust on the property solo, said bonds shall
bear interest from day of sale, and the pur-
chaser shall have the right to anticipate the
payment of any one OF all Of them.
HUGH q. BRAXTON,
july loot Trustee.