Upon trust, if annuity in grant, bargain, sell, and demise unto the said [trustee], his arrear 40 days, by sale, mort gage, &c. to raise money and pay annuity and and surplus to grantor. In the mean time permit grantor to receive rents. Grantor covenants to pay annuity. or either of them, their or either of their executors, administrators, or assigns, shall or may sustain, expend, or be put unto by reason of the nonpayment thereof, or otherwise in the execution of the trusts of the the said term of ninety-nine years, and do and shall apply the money so to be levied and raised, or a competent part thereof, in or towards satisfaction of the said arrears, costs, charges, and expenses accordingly, and pay the surplus or residue thereof (if any) unto the said [grantor], his executors, administrators, or assigns, to and for his and their own use and benefit; And upon further trust, that he the said [grantee], his executors, administrators, and assigns, DO and shall, subject and without prejudice to the trusts herein before contained, permit the said [grantor], his executors, administrators, and assigns, to receive and take the rents, issues, and profits of the said hereditaments, to and for his and their use and benefit: AND the said [grantor], for himself, his heirs, executors, and administrators, DOTH hereby covenant, promise, and agree to and with the said [grantee], his executors, administrators, and assigns, in manner following, (that is to say) that he the said [grantor], his heirs, executors, or administrators, shall and will well and truly pay or cause to be paid unto the said [grantee], his executors, administrators, and assigns, for and during the natural life of him the said [grantor], the said annuity or yearly rent or sum of —————l. clear of all deductions and reprizes whatsoever, when and as the same shall become due and payable as aforesaid by virtue of and according to the true intent and meaning of these presents, and also such proportional part thereof as aforesaid; And that he the said [grantor] now hath that he has good in himself good right, full power, and lawful and absolute authority to grant and confirm the said annuity or yearly rent or sum ofl., and the said powers and authorities for recovering and compelling payment thereof as aforesaid, and to charge the same upon all and singular the said hereditaments and premises hereinbefore mentioned, and also to grant, bargain, sell, and demise the said premises unto the said [trustee], his executors, administrators, and assigns, for and during the term of ninety-nine years, Upon the trusts aforesaid, and according to the true intent and meaning And for title: right to grant ; and charge same. distresses. term: cumbrances. assurance. of these presents; And that all and singular the said pre- That premises mises shall, during the natural life of the said [grantor], with the shall be charged remain, continue, and be charged with and subject to the annuity; said annuity or yearly rent or sum of ―l., and subject and liable to the distress and distresses, entry and entries, of and subject to the said [grantee], his executors, administrators, and assigns, for recovering the same, and for all costs, charges, and expenses, to be occasioned by the nonpayment thereof; And shall and may be held, possessed, occupied, and en- And be held by joyed by the said [trustee] his executors, administrators, and trustee for the assigns, for the said term of ninety-nine years, determinable as aforesaid, and according to the true intent and meaning of these presents; And that free and clear, and freely and clearly Free from inand absolutely exonerated and for ever discharged, or by the said [grantor] or his assigns well and sufficiently saved, defended, kept harmless, and indemnified of, from, and against all charges and incumbrances whatsoever: AND FURTHER, And for further that he the said [grantor], and all other persons whomsoever having or claiming any estate or interest, legal or equitable, into or out of the said messuages, lands, tenements, and hereditaments, and all and singular other the premises hereby granted, bargained, sold, and demised or intended so to be, shall and will at any time or times hereafter, upon every reasonable request of the said [grantee] and [trustee], or either of them, their or either of their executors, administrators, or assigns, but at the proper costs and charges of the said [grantor] or his assigns, make, do, and execute, or cause and procure to be made, done, and executed, all and every such further and other lawful and reasonable acts, deeds, assurances, matters, and things whatsoever, for the further better, and more effectually charging the said hereditaments and premises with the said annuity, or yearly rent, or sum of ——l., and with such powers and remedies for recovering and enforcing payment thereof as aforesaid; and also for the further and more effectually granting, bargaining, selling, and demising the said messuages, lands, tenements, and hereditaments, and all and singular other the premises hereby granted, bargained, sold, and demised according to the true intent and meaning of these presents, as by the said [grantee] and trustee], or either of them, their or either of their exe 3d Witness; Judgment is a and no execution to issue till annuity in arrear 21 days. cutors, administrators, or assigns, or their counsel in the law, shall be reasonably devised or advised and required: AND THIS INDENTURE FURTHER WITNESSETH, and it is further security, hereby agreed and declared between and by the parties to these presents, that the judgment so to be entered up against the said [grantor] as aforesaid is intended and agreed to be a further security to the said [grantee], his executors, administrators, and assigns, for the said annuity or yearly sum ofl. hereby secured, and that no execution or executions shall be issued or taken out upon the said judgment unless and until the said annuity or yearly rent or sum of —l., or some part thereof, shall be in arrear by the space of twenty-one days next after any of the said days or times on which the same ought to be paid as aforesaid, and that in case, and when and so often as the said annuity or yearly rent or sum of —————l., or any part thereof, shall be in arrear by the space of twentyone days, then and in such case, and when and so often as the same shall happen, it shall be lawful to and for the said [grantee], his executors, administrators, or assigns, to sue out such execution or executions upon or by virtue of the said judgment as he or they shall think fit for the recovery of the arrears of the said annuity or yearly rent or sum of —l., and all costs, charges, and expenses (if any) which he the said [grantee], his executors, administrators, and assigns, shall bear, sustain, or be put to for or by reason of the nonpayment thereof; And it is hereby agreed and declared, that the received grantee said [grantee], his executors, administrators, or assigns, shall, by, with, and out of the money to be received by the ways and pay surplus and means lastly hereinbefore mentioned, retain, pay, satisfy, and discharge all the arrears of the said annuity or yearly rent or sum ofl., and all costs, charges, and expenses (if any) to be occasioned by the nonpayment thereof, and shall pay the residue or surplus of the money so to be raised to the said [grantor], his executors, administrators, or assigns, for his and their proper use and benefit; And it is hereby further agreed to revive judg- and declared between and by the parties to these presents, that it shall not be necessary for the said [grantee], his executors, administrators, or assigns, to revive or cause to be revived the said judgment, or do any act, matter, or thing to keep the same on foot, notwithstanding the same judgment Out of money to retain an nuity arrears and expenses, to grantor. Not necessary ment. After decease of will acknowledge satisfacjudgment on grantor, grantee tion on the record. shall have been entered of record for the space of one year or upwards, and that the said [grantor], his heirs, executors, or administrators, shall not nor will have or take or attempt, by any ways or means whatsoever, to have or take any ad-" vantage of the want of reviving or keeping the said judgment on foot, and that if he or they shall attempt so to do by action, motion, or other legal proceeding or proceedings whatsoever, this present agreement shall or may be pleaded or shown in bar thereto, any rule or practice of the courts, or any of them, to the contrary thereof in anywise notwithstanding: PROVIDED ALWAYS, and it is hereby agreed and declared between and by the parties to these presents, that after the decease of the said [grantor], and full payment to the said [grantee], his executors, administrators, or assigns, of the said annuity or yearly rent or sum ofl., and all arrears thereof up to the day of the decease of the said [grantor], and of all such costs, charges, and expenses as aforesaid, the said [grantee], his executors, administrators, or assigns, shall, at the request, costs, and charges of the heirs, executors, administrators, or assigns of the said [grantor], acknowledge satisfaction upon the said judgment so to be entered up against the said [grantor] on the record thereof, in due form of law, or do any further or other reasonable acts, matters, or things that may be required in regard thereto, so that for the doing thereof the said [grantee], his executors, administrators, or assigns, be not compelled or compellable to travel from his or their place or places of abode: AND THIS IN- 4th Witness; DENTURE ALSO WITNESSETH, and the said [grantee] doth Repurchase hereby covenant, promise, and agree with and to the said [grantor], his executors and administrators, that in case the said [grantor] shall be minded or desirous of repurchasing the said annuity or yearly rent or sum ofl. at any time hereafter, and of such his intention shall give three calendar months' notice in writing unto the said [grantee], his executors, administrators, or assigns, then and in such case he the said [grantee], his executors, administrators, or assigns, shall and will, at any time after expiration of the said three calendar months for which such previous notice shall be so given as aforesaid, and on receiving of and from the said [grantor] full payment of the said annuity or yearly rent or sum clause. |