Volume 728, Page 257 View pdf image |
257 To have and to hold the said several Tracts Parts of Tracts and Parcels of Land above discribed and premises with every of the Appurtenances unto the said Evelyn Pierepont his Heirs and Assigns for ever to the only Proper Use and behoof of the said Evelyn Pierepont his Heirs and Assigns for ever In Trust for the following Uses Intents and Purposes to wit In Trust in the first Place that he the said Evelyn Pierepont his Heirs and Assigns shall have full Power and Absolute Authority at any time after the Twenty third Day of September which shall happen in the year of our Lord one thousand seven hundred and Eighty six in case Default shall be made by the said Thomas Dorsey in Payment of the aforesaid sum of two Thousand six hundred and forty Pounds Sterling Money of Great Britain Payable in Gold or Silver together with all Interest thereon to become due on or before the twenty third Day of September which shall happen in the year of our Lord one thousand seven hundred and eighty six to set up and expose the said Tracts Parts of Tracts and Parcels of Land above discribed or any Part at public Vendue to the hiest Bidder after giving six Weeks Notice by Public Advertizment of the time and Place of such Public sale and the same Lands and Premises or any Part thereof when sold as aforesaid to convey and make over be good and sufficient Deed or Deeds in fee Simple to the purchaser or purchasers thereof or any Part or Parcel thereof And upon the further Trust that he the said Evelyn Pierepont his Heirs and Assigns after such sale and conveyance so as aforesaid to be made in case of Default in Payment of the Principal Sum and Interest aforesaid at the Period aforesaid shall retain keep and satisfy himself or themselves the aforesaid sum of two Thousand six hundred and forty Pounds sterling Money of Great Britain together with all Interest thereon to become due and Arising and ^the^ residue of the Purchase Money after Paying and satisfying the Debt and Interest above mentioned if any shall remain he the said Evelyn Pierepont his Heirs and Assigns shall pay over the same to the said Thomas Dorsey his Executors Administrators and Assigns And the said Thomas Dorsey for himself his Heirs Executors and Administrators doth also further Covenant and agree with the said Evelyn Pierepont his Heirs Executors Administrators and Assigns that he the said Thomas Dorsey will well and truly pay to the aforesaid Evelyn Pierepont his Executors Administrators and Assigns the aforesaid sum of two thousand six hundred and forty Pounds Sterling Money together with Interest thereon payable annually on or before the Twenty third Day of September which shall happen in the year of our Lord one thousand seven hundred and eighty six and further the said Thomas Dorsey for himself his Heirs Executors and Administrators doth Covenant and agree with the said Evelyn Pierepont his Heirs and Assigns that he the said Thomas Dorsey and his Heirs shall and will at all Times hereafter in case Default shall be made in payment of the principal sum and Interest as aforesaid and the Lands aforesaid or any Part thereof shall be sold in Virtue of the Trusts aforesaid that he the said Thomas Dorsey and his Heirs shall and will whenever thereafter requested make and execute or cause to be made and executed any further or other Act or Acts Deed or Deeds for the confirmation (and) |
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Volume 728, Page 257 View pdf image |
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