NICHOLAS MYLREA jnr to James Taubman

MORTGAGE - 1805 (Ballaugh)

Know all men by these presents that I Nicholas Mylrea of the parish of Ballaugh by and with the full and free consent of Margaret Mylrea otherwise Kneen my wife for and in consideration of the sum of sixty pounds lawful money according to the currency of Great Britain to me in hand now paid and satisfied at by and from the hands of Mr James Taubman of Ballaugh aforesaid the receipt whereof I do hereby acknowledge I have given granted alienated and mortgaged and by these presents do hereby give grant alienate pass over and mortgage unto the said James Taubman all and singular the whole of those premises of lands called the Flatt being of Ballacorraige’s Quarterland and situate in Ballaugh aforesaid adjoining the highway on the east, the land of William Christory on the south and north, and the lands of Jane Tear and James Corlet on the west and being of such annual chief rent as the Setting Quest shall adjust thereon To have and to hold unto the said James Taubman his executors, administrators and assigns the said premises with all and every its buildings, edifices, ways, waters, watercourses, easements, liberties and appurtenances to the same belonging for and during the term of five years and so on from year to year at after until the said sum of sixty pounds British with all costs and charges attending this mortgage be fully repaid and satisfied pursuant to the tenor of the Act of Settlement provided nevertheless that I Nicholas Mylrea and Margaret my wife our heirs and assigns are to occupy and reap the profits and issues of the premises during this demise hereby obliging ourselves our heirs, executors, administrators and assigns to pay unto the said James Taubman interest out of the said consideration money at the rate of six pounds per cent per annum yearly and upon the end of every year of this demise but in default and failure of such a payment of the said interest upon the end of each and every year as the same becomes due that then it shall be lawful for the said mortgagee his executors, administrators and assigns to enter upon the possession of the said premises upon the expiration of any one year of this demise and to have hold and enjoy the same from year to year afterwards until the said principal sum of sixty pounds British with all interest behind and in arrear and all costs and charges attending this mortgage be fully paid and satisfied anything to the contrary notwithstanding

And for the faithful performance of all and singular the beforewritten Deed of Mortgage I the said Nicholas Mylrea and Margaret my wife do bind ourselves our heirs executors administrators and assigns in the penalty of one hundred and twenty pounds sterling to be levied and paid according to law

As witness our subscriptions this 12th of December one thousand eight hundred and five 1805 Nicholas Mylrea, Margaret Mylrea my X mark

Signed and delivered in presence of William Corlet ,William Corlet

22nd April 1806 Nicholas Mylrea acknowledged the beforewritten mortgage to be his act and deed and William Corlett of Ballaugh one of the subscribing witnesses made oath that Margaret Mylrea duly executed the same in presence of the deponent and the other subscribing witness Nicholas Mylrea also acknowledged being paid the consideration money

Before me John F. Crellin

At a Court Baron holden at KK Michael for the Sheadings of Michael Ayre and Garff the 22nd day of April 1806 the beforewritten deed having been acknowledged before a Deemster and now openly published in Court and no objections offered against it the same is ordered to be recorded

John F. Crellin, John Cosnahan

[Ref NSM May 1806 #14]

NOTES

  1. Ballacorraige
  2. The Flatt was part (or all) of the original Mylrea estate, established by the father of Nicholas jnr; presumably it was also referred to as Nick's Flatt or Nicholas Mylrea's Flatt; it has been previously mortgaged in 1789 to Thomas Tear for £32
  3. Even though it was mortgaged to James Taubman, the Flatt continued to be used by the Mylreas

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Last updated: Oct 2015