all future notes bills drafts or other Instruments
for or in removal of said notes or any part there
of together with with all interest expenses or
charges of any description arising therein therefrom
or there out - Then this present Indenture
and the Estate hereby granted and every ar
ticle and clause herein contained as well the said
promissory note shall cease and become utterly
void And it is hereby mutually covenanted & Agreed between
the parties to these presents that if defalt be made in
the payment of the principle secured to be paid to the said
parties of the second part and the interest which shall
accrue thereupon at any time or times on which they
shall be due or of any part of such principal or interest
that then and from thence forth it shall be
lawful for the parties of the second part their
Heirs and Executors Administrators or Assigns to grant
bargain sell and dispose of the said hereby granted
premises and all benefit and equaty and equaty of
redemption of the said party of the first his Heirs
Executors Administrators or assigns therein according
to the direction of the Act of the Legislature
in that case made and provided rendering the
overplus of the purchase monies to be obtained for the
same after full satisfaction of the principal and
interest to be due on such note or notes *******
thereof in manner aforesaid and to the charges of
advertisement and sale (if any overplus there shall
be) unto the said John Houston McIntosh Jr.
the said party of the first part his Heirs Executors
Administrators or Assigns
In witness whereof the parties to these presents have
hereunto interchangeably set their hand and seals the
day and year first above written |