PERSONAL PROPERTY PURCHASE AND SALE AGREEMENT THIS AGREEMENT is made as of the 30th day of June, 1997, by and between DECADE PROPERTIES, INC. (hereinafter the "Seller") and CHARTHOUSE SUITES VACATION OWNERSHIP, INC. (hereinafter the "Buyer"). 1....

          PERSONAL PROPERTY PURCHASE AND SALE AGREEMENT


     THIS AGREEMENT is made as of the 30th day of June, 1997, by
and between DECADE PROPERTIES, INC. (hereinafter the "Seller")
and CHARTHOUSE SUITES VACATION OWNERSHIP, INC. (hereinafter the
"Buyer").

     1.   Personal Property.  The Seller agrees to sell to the
Buyer, and the Buyer agrees to purchase from the Seller, the
Seller's interest in the personal property to the extent owned by
the Seller which is located at and used in connection with the
real estate known as 000 Xxxxxx Xxxxxxxxx, Xxxxxxxxxx Xxxxx,
Xxxxxxx (hereinafter the "Personal Property").

     2.   Purchase Price.  The Purchase Price for the Personal
Property shall be Eighty-one Thousand Four Hundred and No/100
Dollars ($81,400.00) payable at closing by execution of a Note in
the form of attached Exhibit A secured by a Security Agreement in
the form of attached Exhibit B and appropriate UCC Financing
Statements for said Personal Property.

     3.   "AS IS".  It is understood and agreed that the Seller
is not making any and has not at any time made any warranties or
representations of any kind or character, expressed or implied,
with respect to the Personal Property, including, but not limited
to any warranties or representations as to merchantability,
fitness for a particular purpose, title, latent or patent
defects, valuations, or compliance of the Personal Property with
governmental laws.  The Buyer acknowledges and agrees that upon
closing the Seller shall sell and convey to the Buyer and the
Buyer shall accept the Personal Property "AS IS, WHERE IS, WITH
ALL FAULTS."  

     4.   Closing.  The transaction is to be closed as of
June 30, 1997.  The closing shall occur simultaneously with the
closing of the real estate pursuant to that certain Real Estate
Purchase and Sale Agreement executed on even date herewith.  The
Seller shall deposit with Xxxxxxx & Xxxxx as Escrow Agent the
properly executed Note, Security Agent and Financing Statements
described in Paragraph 2 above.  Notwithstanding that the Closing
shall occur as of June 30, 1997, in the event that at least 76
Charthouse Suites Interests as more particularly described in
that certain Prospectus dated ____________________ are not sold
on or before June 29, 1998, said sale shall be rescinded and both
parties shall put in the same position they would have been if
the sale had not occurred.  The Buyer shall pay any costs
necessary in order to accomplish said recision.

     5.   Closing Costs.  The Buyer shall pay any taxes due in
connection with the transfer of the Personal Property to the
Buyer.  

     6.   Closing Prorations.  Personal property taxes shall be
prorated between the parties as of the date of closing, the date
of closing shall accrue to the Seller.  Personal property taxes
shall be prorated based on the net general personal property
taxes for the current year with the greatest discount, if known,
otherwise on the net general personal property taxes for the
preceding year with the greatest discount.

     7.   No Assignment.  The Buyer shall not be permitted to
assign its rights in this Agreement without the prior written
consent of the Seller.

     8.   Conveyance.  The Seller shall deliver at closing a Quit
Claim Xxxx of Sale for the Personal Property.  

     IN WITNESS WHEREOF the parties hereto have caused this
instrument to be duly executed as of the date first above
written.

                              SELLER:

                              DECADE PROPERTIES, INC.


                              By:________________________________


                              BUYER:

                              CHARTHOUSE SUITES VACATION
                              OWNERSHIP, INC.


                              By:________________________________