Volume 701, Page 118 View pdf image |
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118) Satisfaction of all Receipts Disbursements Expences Charges and Costs that shall or may Attend or be Occasioned by the Execution of the Trusts hereby & herein contained directed expressed and declared and then afterwards and in the next place the afsd Jeremiah Warder and Samuel Neave or the Survivor of them or the Heirs of the Survivor of them shall keep retain be paid and Reimbursed in the Sum of three hundred and Sixty four Pounds fifteen Shillings and nine pence Pensylvania Currency (with the Lawfull Interest thereof) now Advanced by the said Jeremiah Warder and Samuel Neave to procure Patents for the aforesaid Lands together with all such Sum or Sums of Money as they or the Survivor of them or the Heirs of the Survivor of them shall or may hereafter lay out or expend in Securing a good and Sufficient Title to the Premisses by discharging Incumbrances or in any other manner by any other means or otherwise howsoever and after a Deduction and Application of such Sum or Sums of Money as shall or may be Necessary for and to the end and purposes afs.d out of such Sum or Sums of Money as shall or may Arise from the Sale of the Premisses in the manner afsd then and in the next place the Residue and Surplusage of the Money or Monies that shall or may Arise from or by the Sale aforesaid shall be paid and Distributed unto and amongst them the said Jeremiah Warder Samuel Neave Levy & Franks and John Reynell their Executors Adm.rs or Assigns Severally and Respectively for and towards full Satisfaction Payment and Discharge of their respective Debts afsd with the Lawfull Interest which shall or may be due thereon if such Residue or Surplusage shall be Sufficient thereto and if the said Residue or Surplusage should be deficient or fall short then the same shall be applyed disposed of and distributed in the manner following (that is to say) each and every of the said Creditors shall be paid a part of the said Residue or Surplusage Proportional to each and every of their every aforesaid Debts respectively and lastly and finally in Case the said Residue or Surplusage shall or may be more than sufficient to answer the Purposes aforesaid and pay and satisfy the aforesaid respective and several Debts and all and every of them then and in such Case after the said purposes shall have been Answered and Complyed with and a full Payment and Satisfaction made and had of all each and every of the said Debts such Sum or Sums of Money that shall or may yet remain to be left in the hands of the said Jeremiah Warder and Samuel Neave or the Survivor of them or the Heirs of the Survivor of them shall be paid and rendered to the afsd Hugh Parker his Heirs Executors Adm.rs or Assigns And it is hereby declared and Agreed by and between the said parties to these Presents That in the mean time and until default shall happen to be made of and in Payment of the afsd Debts or any of them or any of part of them by the Space of one Year from the day of the date of these Presents by the said Hugh Parker his Heirs Exec.rs Adm.rs & Assigns /by which time the same ought to be paid and it is the true Intent and meaning of these Presents that the same shall be paid/ it shall and may be Lawfull for the said Hugh Parker his Heirs and Assigns Peaceably and Quietly to have hold and Enjoy all and every the afsd Premisses and to receive and take the Rents Issues and Profits thereof to and for his and their own Use and Consent or their or either of their Heirs Executors Admin.trs or Assigns and it is hereby further declared and Agreed by and between the said parties to these Presents and it is the true Intent and Meaning of them and these Presents that the Grant and Release aforesaid and all and every Estate Claim or Interest hereby or by Virtue of these Presents Conveyed by the said Hugh Parker to the said Jeremiah Warder and Samuel Neave in or to the Tracts of Land and Premisses aforesaid be Subject to the Proviso and Agreement following for the Redemption of the said Tracts of Land and Premisses aforesaid That is to say Provided always Nevertheless and it is the true Intent and meaning of these Presents and it is hereby Declared and Agreed by and between the said parties to these Presents that if the said Hugh Parker his Heirs Exec.rs Adm.trs or Assigns shall and do well and truly pay (or) |
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Volume 701, Page 118 View pdf image |
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