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RELEASE.

part thereof, at the days and times therein appointed for payment thereof. And in case the

Of an Annuity, said annuity should at any time be in arrear for go. the space of one year, or if the sum of should at any time be due and owing on account of such arrears, then and in such case, and when the same should so happen, UPON Trust that they the said (trustees) or the survivor of them or bis heirs, should as soon after as conveniently might be, by the direction of the said (grantees) their executors, administrators, and assigns (sigpified in writing under their hands and seals, and without the interposition and assent of the said (grantor) his heirs or assigns) by public auction, upon reasonable notice to be given for that purpose, make sale, and absolutely dispose of the said freebold and copyhold manor and hereditaments thereinbefore and hereinafter mentioned, and thereby surrendered and assured unto and to the use of the said (trustees) their heirs and assigns, or of any part thereof, for the best price or prices that could be got or obtained for the samé. And after paying the said (trustees) all costs, charges, damages, and expences, which they should be put to in the execution of the trusts reposed in them, then they the said (trustees) and the survivor of them, his heirs, executors, and administrators, should thereout pay to the said (grantees) their executors, administra. tors and assigns, all such arrears of the said annuity of

as should then remain due and unpaid. And after the several deductions and payments aforesaid, then that they the said (trustees) or the survivor of them, his heirs, executors, or administrators should, as soon as conveniently

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RELEASE. might be, lay out and invest the residue of the Of an Annuity, money to arise from such sale or sales, in the pur

chase of stock in some of the public stocks or funds in Great Britain, or other securities in Eoglaod at interest, in tbeir or his names or name, and should stand and be possessed of and interested in the said stocks, funds and securities so to be purchased; UPON Trust by and out of the interest, dividends, and produce of the said stocks, funds, and securities, to pay to the said (grantees) their executors, administrators and assigns, or otherwise should authorise and empower them to receive, for and during the lives of the said (grantees) as aforesaid, and the life of the survivor of them, the said appuity or yearly sum of

in the manner berein mentioned, and such proportionable part, to the day of the decease of the sur-, vivor of them the said (cestui que vives) as aforesaid, and should, during the joint lives of the said (cestui que vives) and the survivor of them, pay and apply the residue of the interest and dividends unto the said (grantor) his executors, administrators and assigns; and from and after the decease of them the said (cestui que vives) and payment of all arrears of the said annuity or annual sum of and such proportionable part thereof as aforesaid, UPON TRUST to transfer and assign

the said stocks, funds and securities unto the said (grantor) his executors, administrators and assigus, to and for his and tbeir own use and benefit. And in the said indenture now in recital is contained a proviso or power enabling the said (grantor) bis heirs, executors and administrators, to re-purchase the said abouity or rent charge of

thereby granted, on giving unto the said

&c.

collateral se

ment.

(grantees) their executors, administrators and RELEASE. assigns, seven days notice; and at the end of such

of an Annuity, seven days, paying unto the said (grantees ) their executors, administrators and assigns, the sum of

and on payment of all arrears of the said annuity up to the time of such re-purchase. And Of bond as a WHEREAS the said (grantor) by his bood or obli- curity. gation in writing, bearing even date with the recited indenture became bound to the said (grantees) their executors, administrators and assigos, in the penal sum of

conditioned for payment of the said annuity of by the recited indenture granted, And the said (grantor) by a Also warrant of warrant of attorney bearing even date with the confess a judge said bond, authorised certain attornies of His Majesty's Court of Common Pleas, to enter up judgment in an action of debt upon the said bond, for the said sum of as a further security for payment of the said annuity, as by the said indentures, bond, and warrant of attorney, relation being thereto respectively had, will more fully appear. AND WHEREAS the sum of

the considera- That conside. tion money paid by the said (grantees) for the tually paid, &c. purchase of the said annuity of

was on the said

actually paid by them to the said (grantor) in notes of the Bank of England, in manner following, (that is to say) the sum of

by the said (one of the grantees)

by the said (other grantee) the receipt whereof be the said (grantor) did and still doth hereby acknowledge, and of and from the same, and every part thereof doth acquit, release, and discharge the said (grantees) their and each of their heirs, executors and administrators for ever, by these presents, and which said payments were

ration was ac

day of

and

&c.

this present

RELEASE. made in the presence of

as by the te. Of an Annuity, ceipt and attestation of

indorsed on the said indenture of the said

day of Of treaty for

will more fully appear. AND WHERHAš the said

(grantor) being desirous of preventing the said substitution and release. manor and hereditaments from being sold, not

withstanding the annuity may become in arrear, hath requested the said (grantees) to relinquish the benefit of the power and trusts vested in the said (trustees) for sale of the same, and which they the said (grantees) have accordingly acceded to. And as an inducement for complying with such request, it was at the same time agreed between the said parties, that the terms or conditions on which the said annuity is by the said deed to be re-purchased by the said (grantor) should be varied, and that the said annuity should be subject to be re-purchased by the said (grantor) his heirs, executors or administrators, on his or their transferring into the names of the said (grantees) their executors or administrators, so much or such part of the per cent. consol. Bank annuities as the said sum of

the money paid for the purchase of the said anpuity, would on the said

day of And that allar. last past, have actually purchased. And it is nuity shall be hereby agreed by and between the said parties to paid up, these presents, that all arrears of the said annuity

shall be paid up to the day of the date of these and annnity presents, and that the said (grantee) shall release and all securi- unto the said (grantor) the said annuity or rent ties released, charge of

so granted as aforesaid, and all securities for enforcing payment thereof; and that thereupon the recited deeds, bond, and warrant of attorney, shall be delivered up and be cancelled,

RELEASE.

&c.

and be from thenceforth considered and taken as null and void; and that thereupon the said

Of an Annuity, (grantor) shall grant upto the said (grantees) an annuity or yearly rent charge of

for and during the joint lives of the said (grantees) and and another the life of the survivor of them, to be payable in sticulier. De sublieu and stead of the said annuity, so to be by them released as aforesaid. AND such annuity or rent charge so to be granted or substituted as aforesaid, should be secured and made liable and subject to such proviso for repurchase as bereinafter mentioned. AND WHEREAS all arrears That all arrears

have been paid. of the said annuity of by the recited indenture granted, hath been paid up to the day of the date of these presents. Now THIS INDENTURE WITNESSETH, that in pursuance and performance of the said agreement on the part of the said (grantees) and in consideration of the grant, covenants, and undertakings hereinafter made and entered into by the said (grantor), they the said (grantees) HAVE, and each of them hath remised, the release. released, and for ever quitted claim; and by these presents Do and each of them DOTH remise, release, and for ever quit claim unto the said (grantor) the said annuity or rent charge of which in and by the said indenture of the day of

last past, was by the said (grantor) granted unto the said (grantees) as aforesaid, and all powers and authorities whatsoever for recovering and receiving the same. And all the estate right, title, interest, property, claim and demand whatsoever, at law and in equity, of them the said (grantees) and of each of them, of, in, to, or out of the same, and every part thereof, TO THE INTENT AND PURPOSE that the same annuity

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