MORTGAGE - 1825 (Ballaugh)

Know all men by these presents that we John Cain and William Cain of the parish of KK Michael, guardians lawfully appointed over William Mylrea of Balla Corraige in the parish of Ballaugh (a minor) and duly authorised by a decree of the Honourable the Chancellor of this Isle bearing the date 3rd December 1824 to encumber the premises hereby granted as herein aforementioned for the use and benefit of the said William Mylrea for and in consideration of the sum of two hundred and eighty-four pounds British to be paid towards discharging the mortgages already affecting the hereby granted premes by Thomas Kelly of the Ballameanagh in the parish of Jurby and if any surplus shall remain after discharging the said mortgages the same to be paid to us in hand at the execution hereof by the said Thomas Kelly have given, granted, alienated, passed over and mortgaged and by these presents give, grant, alienate and pass over in mortgage unto him the said Thomas Kelly all and singular the whole right, title and interest of him the said William Mylrea to and in those lands and premes situate in the parish of Ballaugh being part of the Quarterland of Balla Corraige of the annual Lord's Rent of nine shillings and eight pence or thereabouts to have and to hold the said estate of lands unto him the said Thomas Kelly his heirs, executors, administrators and assigns with all ways, waters, watercourses, easements, liberties and appurtenances thereto belonging in mortgage according to the tenor and meaning of the Act of Settlement, provided always that the said William Mylrea, his heirs and assigns and the said John Cain and William Cain for the use of the said William Mylrea, shall continue in the quiet and peaceable possession of the premes whilst he and they continue to pay interest for and out of the said principal sum at the rate of five percent per annum commencing from the 12th day of November next ensuing the date hereof but upon failure or nonpayment of the said interest from year to year as the same becomes due then it shall and may be lawful for him the said Thomas Kelly, his executors, administrators and assigns to enter upon possession of the said lands and premes or the rents, issues and profits thereof and hold, occupy and enjoy the same until payment of the sum of two hundred and eighty-four pounds British with interest as aforesaid and all costs and charges incident hereon and we the said John Cain and William Cain in the capacity of guardians as aforesaid in behalf of the said William Mylrea and Elleanor Mylrea, widow of William Mylrea, deceased, who is also a party hereto as testified by her executing these presents do hereby covenant and engage that we will uphold, maintain and defend the hereby granted premes unto the said Thomas Kelly, his heirs, executors, administrators and assigns against the claim and demand of all persons whomsoever and for the faithful performance hereof we hereby bind and oblige ourselves our heirs, executors, administrators and assigns in the penalty in the penalty of five hundred and sixty-eight pounds British. As witness our subscriptions the third day of June in the year 1825. John Caine, William Caine my mark X, Elleanor Mylrea my mark X

Signed and delivered in presence of John Corlett, William Kewley

At Ramsey 26th July 1825 William Kewley one of the subscribing witnesses to the before written Deed of Mortgage made oath on the Holy Evangelist that John Caine, William Caine and Elleanor Mylrea duly executed the said Deed in his presence and in presence of John Corlett the other witness. Before me John Llewellyn

At a Court Baron holden at Ramsey the 20th October 1825 the foregoing Deed of Mortgage having been proved before a High Bailiff and now openly published in Court and no objection offered against it the same is therefore ordered to be recorded.

Know all men by these presents that I Thomas Kelly of Ballamanaugh in the parish of Jurby do hereby own and acknowledge to have received and be fully paid the principal interest, cost and charges due at foot? of a certain Deed of Bond and Security passed by John Cain, William Cain and Ellinor Mylrea to me for the principal sum of two hundred and eighty-four pounds, charging and encumbering certain lands and premises part of Balla corraige in the parish of Ballaugh and bearing date the third day of June 1825. I do therefore hereby desire and request that the said Deed of Bond and Security or Mortgage be and stand cancelled on record as witness my subscription this 29th day of November 1851. Thomas Kelly my mark X

Signed and delivered in presence of William Killip, William Kelly

At Ramsey 3rd April 1852 Thomas Kelly executing party to the before written receipt who is personally known to me acknowledged the same to be his proper act and deed. ............. Tellet

Register Office 17 April 1852

Cancelled by virtue of the annexed receipt. By me Peter Watt

[Ref: NSM Oct 1825 #8; LV M1831]


  1. William was the son of William Mylrea & Elinor Caine. The boy was born in 1812 in Ballaugh and was the grandson of Nicholas Mylrea jnr & Margaret als Kneen
  2. Siblings: Ann (b1807), Jane (b1810), Elinor (b1811), Margaret (b1813), and John born 1817 after his father had died
  3. His father William snr drowned in a boating accident in 1816
  4. The Mylrea family estate, Ballacorraige, was originally acquired by Nicholas Mylrea snr in 1740 but his son Nicholas Mylrea jnr had mortgaged or sold parts of it over a period of 20 years. In 1810, Nicholas jnr settled Ballacorraige on his son William, who immediately took a £200 mortgage with Thomas Kelly, presumably to try to rescue the debt-ridden estate
  5. In 1816, several months before he died, William sold two small parcels of Ballacorraige for £21/15/- perhaps to meet the interest costs of the mortgage with Kelly
  6. In 1821, Elinor took out a £25 mortgage with Kelly, perhaps to continue meeting these mortgage interest commitements
  7. In 1824, Elinor's brothers who were also the guardians of her children applied to the Chancery Court for permission to incumber the Mylrea estate with a sizeable mortgage, evidently in order to pay out existing mortgages, the main ones being the original 1810 debt to Thomas Kelly, in what appears to be an earlier attempt to retrieve the "family estate" for William's oldest son, also named William
  8. In the end, it was all in vain

Associated Documents

Last updated: Dec 2017