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- 1798, March 8. (Creation)
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1 Humphrey Jones of Machynlleth, gent. 2 David Jones of Gyfylche in p. Llanerfil, gent. 3 Rice Pryce of Manafon, gent. 4 Margaret Phillips of Aberystwith, co. Card., widow. Assignment Of Mortgage by 1, at the direction of 2, to 4 of a toft or site of a m. or meese place with a m. or dwelling house lately erected, previously purchased by John Humffreys, dec. (see nos 286-7) a m. with outbuildings lately erected and several parcels of land late of the said John Humffreys in [t.] Kynewyll [Cnewyll], p. Llanerfyl, co. Mont., on the right hand side of the turnpike road leading from the market town of Llanfair towards the village of Llanerfyl, which premises are now in the possession of David Davies and Edward Morris and were granted and released by John Humffreys of Llwyn, esq., to 3 in trust for 2 (nos 297-8), with a proviso that upon repayment 4 will reassign the premises to 3 in trust for 2 for the residue of the term of 500 years. Consideration: £396-16-6 and interest, making a total of £416-13-4. Recites a mortgage for £270 (no 299), that the premises therein mentioned were thought to be too scant a security for the said mortgage so other lands were demised by the said recited indenture; that those other lands are in mortgage to 1 for securing other money and therefore cannot be assigned, but that 2 has erected two dwelling houses on the said lands and has otherwise improved the said premises, which are now let at £22 annual rent, making them ample security for the sum of £396-16-6; that default was made in payment of the £270 and interest, whereby the premises became vested in 1 for the residue of the term of 500 years; that there is now owing to 1 the sum of £396-16-6 and interest, that 2 has applied to 4 for the said sum in order to pay off the debt, which she has agreed to do. Endorsed: Notes of interlineations in the text and '19' pencilled in a later hand.
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Preferred citation: 301.