1 ASSIGNMENTS. Several terms to attend may attend and wait upon the reversion and inheritance of the lands (1), tenements, hereditaments and premises therein comprised, (purchaser). for the sole use and benefit of the said (purchaser), his heirs and assigns, in order to protect and defend the said messuages, lands, tenements and hereditaments from and against all subsequent and intermediate encumbrances, if any such there be, [and in trust that they the said (trustees) respectively, and their respective executors, administrators and assigns, shall and do permit, and cause the said several terms and estates to be respectively used and disposed of accordingly]. [Add a separate covenant on the part of each termor, that he has not encumbered (2)]. IN WITNESS, &c. Covenants to be inserted. Part of premises sold. (1) If part only of the premises comprised in the terms be sold to the present purchaser, see ante, p. 547. n. (1). (2) The form of each of these covenants will be similar to that given ante, p. 548. No. CLIV. An Assignment of an outstanding satisfied Mortgage Term, by the Termor, to a Trustee for several Purchasers of different parts of the Estate. ASSIGNMENTS. Term to attend (several pur chasers). of our Lord 18 parts, made the year of the reign, &c. and] in BETWEEN (the termor) of, &c. of Parties. day of by auction. the year the first part, (the vendor) of, &c. of the second part, A. B. (one of the purchasers) of, &c. of the third part, C. D. (another purchaser) of, &c. of the fourth part, and (the trustee) of, &c., a trustee named and appointed by and on the behalf of the said (purchasers) respectively, of the fifth part. WHEREAS, &c. (1), AND WHEREAS the Recital of sale several messuages or tenements, lands and hereditaments comprised in the hereinbefore in part recited indenture of the were put up to sale by public auction on the last, in lots. AND WHEREAS the said (purchasers) Of conveyances "became the purchasers at the said sale of different parts of the said to purchasers of premises; and by several indentures of lease and release already prepared and engrossed, the leases bearing date the day next before the date of the releases, and the releases bearing or intended to bear even date with these presents, such parts of the said messuages, lands, tenements, and hereditaments as were so purchased by the said (purchasers) respectively have been or are intended to be this day conveyed and assured to them and their heirs respectively. AND Agreement for WHEREAS it hath been agreed by and between the said (purchasers) term. and the said (vendor) that the now residue of the said term of even date. assignment of *If brevity be particularly desired, the parts of the precedent within Brevity. brackets may be omitted. (1) Recite here the deed creating the term, and its assignment to the Recitals. present termor, as ante, p. 542. SUP.-VOL. I. PP ASSIGNMENTS. Term to attend (several purchasers). WITNESS. That in consi deration, &c. the termor as signs Parcels. To hold to the trustee for the residue of the term. years of and in the premises comprised in the hereinbefore in part day of , and afterwards assigned unto the said (termor) by his said in part recited indenture of assignment, as hereinbefore is mentioned; and which said messuages, lands, tenements, and hereditaments are the same messuages, lands, tenements, and hereditaments as in and by the said several hereinbefore in part recited indentures of release, of even date herewith, are granted and released, or otherwise assured, or mentioned or intended so to be, unto or for the said (purchasers) respectively, and their respective heirs or assigns, in the manner therein mentioned; and all the estate, right, title, interest, term and terms of years yet to come and unexpired, trust, property, possession, claim, and demand whatsoever, both at law and in equity, or otherwise howsoever, of him the said (termor), of, in, to, or respecting the same messuages, lands, tenements, hereditaments, and premises, and every or any part thereof, together with the said several hereinbefore in part recited indentures of demise and assignment, and all benefit and advantage incident or belonging to the same, or either of them, or to the covenants and agreements therein respectively contained. To HAVE AND TO HOLD the said messuages, lands, tenements, heredita ments, and [all and singular other the] premises [hereby assigned or years [in and day of expressed to be demised to the said (mortgagee) as aforesaid]; but nevertheless UPON THE TRUSTS, and to and for the ends, intents, and purposes hereinafter expressed of or concerning the same, (that is to say) as to and concerning ALL, &c. (the premises purchased by A. B.) being the messuages, lands, tenements, and hereditaments so purchased by and conveyed to the said A. B. as hereinbefore is mentioned, IN TRUST for the said A. B., his heirs and assigns, and to be assigned and disposed of from time to time as he or they shall direct or appoint concerning the same or any part thereof, and in the mean time, and until such assignment, disposition, direction, or appointment which shall be made, and when made then subject thereto, IN TRUST, and to the intent that the residue for the time being of the said term and estate hereby expressed, or intended to be assigned shall and may attend and wait upon the reversion and inheritance of the lands, tenements, hereditaments, and premises so purchased by him the said A. B. for the sole use and benefit of him the said A. B., his heirs and assigns, in order to protect and defend the same from and against all subsequent and intermediate encumbrances, if any such there be [and IN TRUST that he the said (trustee), his executors, administrators, and assigns, shall and do permit and cause the said term and estate to be used and disposed of for that purpose accordingly]; and as to and concerning ALL, &c. (the premises purchased by C. D.) being the messuages, lands, tenements, and hereditaments so purchased by and conveyed to the said C. D. as hereinbefore is mentioned, IN TRUST for the said C. D. his heirs and assigns, and to be assigned and disposed of from time to time as he or they shall direct or appoint concerning the same or any part thereof, and in the mean time and until such assignment, disposition, direction, or appointment shall be made, and when made then subject thereto, IN TRUST, and to the intent that the residue for the time being of the said term and estate hereby expressed or intended to be assigned shall and may attend and wait upon the reversion and inheritance of the lands, tenements, hereditaments, and premises so purchased by him the said C. D. for the sole use and benefit of him the said C. D., his heirs and assigns, in order to protect and defend the same from ASSIGNMENTS. Term to attend (several pur chasers). ASSIGNMENTS. and against all subsequent and intermediate encumbrances, if any Term to attend such there be [and IN TRUST that he the said (trustee), his execu(several purchasers). tors, administrators and assigns, shall and do permit and cause the said term and estate to be used and disposed of for that purpose acCovenant to be cordingly]. (Add a covenant by the termor that he has not done any act to incumber (1).) IN WITNESS, &c. inserted. |