WILLIAM MYLREA to Thomas Kelly

MORTGAGE - 1810 (Ballaugh)

Know all men by these presents that I William Mylrea of Ballacorraige in the parish of Ballaugh by and with the consent of Elinor Mylrea my wife for and in consideration of two hundred pounds British paid and satisfied at, by and from the hands of Thomas Kelly of Jurby have given, granted, alienated, passed over and mortgaged and by these presents do hereby give, grant, alienate, pass over in mortgage unto the said Thomas Kelly all and singular the whole of our proportion one part of the Quarterland of Ballacorraige situate in Ballaugh aforesaid and of such annual Lord’s Rent as the Setting Quest shall adjust thereon to have and to hold unto the said Thomas Kelly, his heirs, executors, administrators and assigns the said premises with all and every its ways, waters, watercourses, easements and liberties, building, edifices and appurtenances to the same belonging for and during the time and term of five years commencing from the day of the date hereof and so to continue from year to year at, after, until the said sum of two hundred pounds British cost and charges attending this mortgage be fully repaid and satisfied pursuant to the Act of Settlement, provided nevertheless that I the said William Mylrea and Elinor my said wife, our heirs and assigns are to occupy and reap the profits and issues of the premises during this demise hereby binding and obliging ourselves, our heirs and assigns to pay unto the said Thomas Kelly, his heirs, executors, administrators and assigns or (order?) interest out of the said principal alone that is to say one hundred and sixty pounds of said principal at the rate of six per cent and the remaining forty pounds of said principal at the rate of five per cent per annum payable at the end each and every year of this demise as the same becomes due but in default or failure of such a payment of the said interest precisely upon the expiration of each and every year as above agreed upon then it shall and may be lawful for the mortgagee to enter upon the possession of the premises at the end of any one year of this demise and to have, hold and enjoy the profits and issues of the said premises from year to year afterwards until the said principal sum and interest behind and in arrears and all cost and charges attending this mortgage be fully paid and satisfied, anything to the contrary notwithstanding and for the true and faithful performance of all and singular the before written Deed of Mortgage I the said William Mylrea and Elinor Mylrea my wife do bind and oblige ourselves, our heirs, executors, administrators and assigns in the penalty of four hundred pounds sterling to be levied and paid according to law. As witness our subscriptions this 3rd day of March one thousand eight hundred and ten. William Mylrea, Elinor Mylrea my mark X

Signed and delivered in presence of Margaret Corlett, William Corlett

17th April 1810 William Mylrea and Elinor Mylrea the parties to the before written Deed of Mortgage acknowledge the same to be their proper act and deed and to be fully paid the consideration money. Before me Thomas Gawne

At a Court Baron holden at KK Michael for Michael Sheading the 11th of April 1810 The before written Deed having been acknowledged before an High Bailiff and now openly published in Court and no objection offered against it the same is therefore ordered to be recorded. Norris Moore

Seneschal’s Office 6th August 1825 Cancelled by virtue of the annexed receipt and discharge by me J.Quirk (Seneschal)

Know all men by these presents that I Thomas Kelly of Ballamennagh in the parish of Jurby do acknowledge to have received from John Cain and William Cain guardians of William Mylrea son and heir at law of William Mylrea deceased the sum of two hundred pounds British being the principal sum of a certain Deed of Mortgage granted by the said William Mylrea deceased and Ellinor his wife to me on certain lands situate in Ballaugh, part of the Quarterland of Ballacorraige said Deed bearing date the 3rd March 1810 and I do acknowledge to have received all interest, costs and charges due thereon and do desire that the said Deed be cancelled on record. As witness my subscription this 4th June 1825. Thomas Kelly

Signed in presence of William Kelly, Ellen Crow

At Ramsey 26th July 1825 William Kelly and Ellen Crow the subscribing witnesses to the before written receipt made oath on the Holy Evangelist that Thomas Kelly the granting party duly signed and executed the said receipt in their presence. Before me John Llewellyn

[Ref NSM May 1810 #11]

NOTES

  1. This mortgage was taken by William the same day that the Ballacorraige estate was settled on him. It is difficult to know precisely what was settled on him since several pieces of Ballacorraige land had been mortgaged or sold in the preceding years. This current mortgage might have been an attempt to consolidate the debt
  2. Events after this mortgage included (1) William selling two small parcels of Ballacorraige for a total of £21/15/- in 1816, (2) William dying in 1816, (3) William's widow Ellinor taking another mortgage with Thomas Kelly for £25 in 1821, and (4) the guardians of William jnr taking a mortgage for £284 with Thomas Kelly, presumably to consolidate the debt over Ballacorraige and hopefully save the estate for William's son, William jnr
  3. Ellinor died in 1828, and there is no further sign of the family

Associated Documents

Last updated: June 2014