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DEFEAZANCES.
A Defeazance upon sundry Assurances had for payment of a summ of money, extending (gradibus) to extinguish the same Assurances, as the Debt from time to time shall be cut off and satisfied.
THis Indent. &c: between I: P: of B. in the County of Y: Gent. and C: P: one of the Sons of the same I: on the one party, & A. C. Cit: and Salter of L: on the other party, witness. That wher∣as the said I: together with one R: B: of &c. by their single Obligation, hearing date &c. do stand bound to the said A. C. in the Sum of 300 l. of &c. to have been paid in the Feast of St. M. &c. then next ensuing, as by the same Obligation will appear.
And where also the said A. by force of one Indenture of Lease, hearing date &c. now last past, is clearly and absolutely without any Condition from henceforth lawfully possessed, of all that Messuage or Tenement &c. to hold for the term of 40. years next following, from the date of the said Indenture of Lease, by the pay of one Pep∣per Corn only every year during the same term, as by the same Inden∣ture will also appear.
And the said I. and C. P. on the day of the date of these presents before our said Soveraign Lord the King, in his High Court of Chance∣ry, have knowledged themselves to owe to the said A. C. the Summ of 1000 l. of &c. to be paid in the Feast of St. James &c. next now com∣ing, as by the same Recognizance doth appear.
Yet neverthelesse the said A. C. for himself, his Executors &c. doth covenant grant and agree, to and with the said I. and C. and every of them, and to and with their Heirs Executors and Administrators, and e∣very of them by these presents, in manner and form following, That is to say, That if the said I. and C. or either of them &c. do pay &c. to the said A. C. &c. the Sum of 590 l. of &c. at the now Mansion