Jacob Legear
Life events
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13 Apr 1868
Residence1
St. Marys, Perth County, Ontario, Canada
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29 Jul 1869
Property2
This document records the assignment of an existing mortgage debt from Jacob Legear to Benjamin Stanley for a consideration of $400.00. The original mortgage, which Legear held against Owen and Mary Love’s property, was transferred along with all associated rights and interest.
Transcription: Assignment of Mortgage No. 3356
Transcription: Assignment of Mortgage No. 3356
No 3356
Entered and Registered
The 15th day of October
A.D. 1869 at 10:00 o'clock
[R.W. Heliam], RegistrarThis Indenture made the twenty ninth day of July in the year of our Lord one thousand eight hundred and sixty nine Between Jacob Legear of the Town of St Marys County of Perth and Province of Ontario, Yeoman of the first part and Benjamin Stanley of the Village of Granton County of Middlesex Province of Ontario, Merchant of the second part. Whereas by an Indenture of Mortgage bearing date thirteenth day of April one thousand eight hundred and sixty eight and made between Owen Love and Mary Love his wife both of the Township of Downie County of Perth and Province of Ontario and Jacob Legear of the Town of St Marys County and Province aforesaid it is witnessed that in consideration of the sum of Six hundred dollars of lawful money of Canada with interest at the rate of six per cent as expressed in mortgage, the said mortgagor did grant unto the said mortgagee his heirs and assigns all and singular that certain parcel or tract of land and premises situate lying and being in the Township of Downie in the County of Perth and Province of Ontario and being composed of the East half of lot number fourteen in the thirteenth concession of the said Township of Downie to hold the same unto and to the use of the said Jacob Legear his heirs and assigns subject to a proviso for redemption upon payment of the said principal mortgage and interest as therein mentioned, Now this indenture witnesseth that in consideration of the sum of four hundred dollars lawful money of Canada now paid by the said Benjamin Stanley of the second part to the said Jacob Legear of the first part the receipt whereof is hereby acknowledged by the said party of the first part doth hereby grant, assign, transfer and set over unto the said party of the second part his heirs and assigns all and singular the said lands tenements and premises comprised in and conveyed by the said indenture of mortgage, and all the estate and interest of the said party of the first part to have and to hold the same unto and to the use of the said party of the second part his heirs and assigns forever subject nevertheless to such equity of redemption as payment of the said principal mortgage and interest as is now subsisting therein by virtue of the said mortgage, and the said party of the first part for his heirs executors administrators and assigns doth hereby covenant with the said party of the second part his heirs executors administrators and assigns that the said principal mortgage and interest expressed to be hereby assigned are now due and owing to the said party of the first part by virtue of the said mortgage and that he hath done no act whereby the same have been assigned or discharged, or the said premises incumbered and that the said mortgage is a good valid and subsisting debt.