NICHOLAS MYLREA jnr to John Cowley

MORTGAGE - 1806 (Ballaugh)

Know all men by these presents that I Nicholas Mylrea of the parish of Ballaugh for and in consideration of the just sum of forty-two pounds current money within this Isle to me in hand already paid at satisfied at, by and from the hands of John Cowley of the parish of Jurby for which these presents are a full receipt and discharge

Have given, granted, alienated and passed over and mortgaged and by these presents do give, grant, alienate, pass over in mortgages unto him the said John Cowley, his executors, assigns ….. and titles to several parcels of land to me belonging adjoining each other known and distinguished by the name of Nick’s Fields being part of the Quarterland of Ballacorraige situate in the said parish of Ballaugh, adjoining the highway on the east to William Christory’s land on the south, to the highway on the west and to the clerk’s Glebe and the rector’s Glebe on the north and northeast side thereof as the same is at present fenced and compassed around and also my whole right and title to another parcel of Intack land called the Acre situate in the parish of Ballaugh and adjoining the highway on the northeast and south, and to John Stephen’s land on the west side thereof as the same is also at present fenced and compassed about and the yearly Lord’s Rent of the said mortgaged premises to be ascertained by the Setting Quest of the said parish of Ballaugh

To have and to hold unto the said John Cowley, his executors and assigns the said mortgaged premises with the whole issues and profits thereof together with all ways, watercourses, easements and liberties to the same belonging or in any wise appertaining for and during the time and term of five years, commencing from the day of the date hereof but in case the said sum of forty-two pounds be not all justly and truly repaid at the expiration of the said term of five years then it shall and may be lawful for him the said John Cowley, his executors and assigns to continue the possession of the said mortgaged premises for one year longer and so from year to year at after according to the tenor, purport and meaning of the Act of Settlement until the said consideration money with all fees, costs and charges attending this Bill of Mortgage be all justly and truly repaid and satisfied, he the said John Cowley, his executors and assigns yielding and paying the yearly Lord’s Rent thereof and doing and performing all other dues and duties annually incumbent upon the said mortgaged premises during the continuance of this mortgage, provided always and it is hereby covenanted and agreed upon that in case I the said Nicholas Mylrea or my heirs, executors, administrators and assigns do pay or cause to be paid unto the said John Cowley, his executors, assigns lawful interest out of the said consideration money yearly and every year as the same becomes due precisely upon the day of the commencement hereof then it shall and may be lawful for us to continue the possession of the said mortgaged premises as formerly but upon failure or non-payment of the said yearly interest upon the day prefixed then it shall and may be lawful for him the said John Cowley, his executors and assigns to enter upon the said mortgaged premises and have, hold, possess and enjoy the same to his (or their) own proper use and best advantage in every respect until the said consideration money and all arrears of interest with all fees cost and charges attending this Bill of Mortgage be all justly and truly repaid and satisfied

And for the true and faithful performance of all and singular the beforegoing Deed of Mortgage and every covenant and condition therein contained, I the said Nicholas Mylrea do hereby bind and oblige myself, my heirs, executors, administrators and assigns in penalty of eighty-four pounds to be levied and paid according to law

As witness my name hereunto set and subscribed this 23rd day of May 1806. Nicholas Mylrea (script)

Signed and delivered in presence of us William Sayle, Andrew Joughin

26th May 1806 Nicholas Mylrea the executing party to the beforewritten mortgage acknowledged the same to be his 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 the sheading of Michael Ayre and Garff the 22 day of October 1806 The beforewritten Deed of Mortgage being acknowledged before an High Bailiff and now openly published in court and no objection against it, the same is ordered to be recorded for the benefit of all persons concerned. John ……..

Whereas Nicholas Mylrea of the parish of Ballaugh for and in consideration of the just sum of forty-two pounds currency of this Isle did by Deed of Mortgage by him duly executed and bearing the date 23rd May 1806 grant, alienate, pass over and mortgage unto John Cowley of the parish of Jurby all and singular his lands known and distinguished by the name of Nick’s Fields part of the Quarterland of Ballacorraige in the said parish of Ballaugh

To have and to hold unto him the said John Cowley, his heirs, executors, administrators and assigns until repayment should be made of the said sum of forty-two pounds Manks with all interest costs and charges becoming due and incumbent on the same as by the said deed may appear and whereas it now appears from a just settlement of accounts that the said sum together with the interest costs and charges incumbent on the same amounts this day to the sum of forty-five pounds and eleven shillings British and the said John Cowley is inclined to transfer and assign his right and title to the said Deed unto Thomas Kelly of Jurby upon receiving from him the said sum of forty-five pounds eleven shillings British

Therefore know all men by these presents that I John Cowley of the parish of Jurby for and in consideration of the just sum of forty-five pounds eleven shillings British to be paid unto me at the execution hereof at, by and from the hands of Thomas Kelly of said parish of Jurby have given, granted, transferred, passed over, surrendered and assigned and by these presents do give, grant, transfer and assign unto him the said Thomas Kelly, his heirs, executors, administrators and assigns all and singular the said Deed of Mortgage from me, the said John Cowley, my heirs, executors administrators and assigns

To have and to hold unto him the said Thomas Kelly, his heirs, executors, administrators and assigns all and singular the said Deed of Mortgage and the premises therein mentioned in as full and ample a manner as I the said John Cowley, my heirs, executors, administrators and assigns could or might be entitled unto in virtue of the said Deed commencing from the day of the date hereof

And for the true and faithful performance of the beforegoing Deed of Assignment, I the said John Cowley do hereby firmly bind and oblige myself, my heirs, executors, administrators and assigns in and under the penalty of ninety-two pounds sterling to be levied and paid according to law and practice of this Isle

As witness my subscription this the 7th day of February 1824. John Cowley

Signed and delivered in presence of us John Killey, Thomas Kneen

Ramsey 7th March 1825

John Cowley the executing party to the foregoing assignment acknowledged the same to be his proper act and deed. Before me Thomas A. Corlett

Know all men by these presents that I, Thomas Kelly of Ballamanaugh 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 deceased0 the sum of forty-five pounds and eleven shillings British being the principal sum of a certain Deed of Agreement granted to me by John Cowley of Jurby dated the 7th February 1824 of a certain Deed of Mortgage granted by Nicholas Mylrea of the parish of Ballaugh to the said John Cowley on a certain parcel of land in the parish of Ballaugh part of the Quarterland of Ballacorraige, said Deed of Mortgage bearing date the 23rd May 1806 and I do acknowledge to be paid and satisfied for all interest costs and charges due thereon and the desire that the same 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 beforewritten receipt made oath of the Holy Evangelist that Thomas Kelly duly executed the said receipt in their presence before me John Llewellyn

Seneschal’s Office 6th August 1825 Cancelled by virtue of the annexed receipt and discharge by me

[Ref: NSM Oct 1806 #8]

NOTES

  1. Ballacorraige
  2. Nicholas jnr received the Ballacorraige estate through his Marriage Contract, and Nick's Fields would have been a large part of that estate
  3. This particular field was originally mortgaged in 1789 for £32, and now again in 1806 for £42; in 1824, the debt stood at £45/11/- and Cowley had sold the mortgage on to Thomas Kelly. The debt was settled in 1825 by the guardians of William Mylrea, grandson of Nicholas Mylrea jnr and son and heir to his father's "estate", his father having died in 1816
  4. This document should be read in conjunction with another mortgage, dated 1825, in which the guardians of William Mylrea borrowed £284
  5. The lands involved in this mortgage were recorded as returned to William Mylrea jnr in LV 1830

Associated Documents

Last updated: Aug 2021