| Description | Between Thomas Wearg of the University of Oxford, barber, administrator of the estate of Fanshaw Wearg, late of the University of Oxford, gentleman, deceased; John Knibb of the City of Oxford, upholsterer; the Reverend Henry Parsons of Farnborough, clerk; and Robert Davis of Farnborough, yeoman. In an indenture of 7 May 1724 [see CR0457/27/6] John Knibb morgaged three closes of pasture in Farnborough, containing 14 acres 1 rood 20 perches, called Hemlocke, previously occupied by Joseph Knibb, deceased, to Fanshaw Wearg for £150. Fanshaw Wearg died but the mortgage remained unpaid, but Henry Parsons agreed to purchase the premises for £430 and the remainder of the mortgage term of 1000 years is then assigned to Robert Davis. Henry Parsons pays £176 5s to Thomas Wearg to repay the £150 mortgage plus interest. This payment was made out of the £430 paid to Joseph Knibb by Henry Parsons in an indenture of 4 May 1728 [see CR0457/27/8].
Consideration: £176 5s
[Assignment of mortgage between Thomas Wearg, Oxford University, of the first part, John Knibb, Oxford, of the second part, the Reverend Henry Parsons, Farnborough, of the third part and Robert Davis, Farnborough, of the fourth part. Details the payment of one hundred and seventy six pounds and five shillings to Thomas Wearg by Henry Parsons regarding property in Farnborough [See CR0457/27/5], to be held for the remainder of the term of 1000 years] |