MCNAIRY COUNTY TN - DEEDS - John Devault to Young & Adams 1841

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McNairy County, Tennessee

Deed Book B, pp. 235-6

6 April 1841



JOHN DEVAULT  To  YOUNG & ADAMS



Mortgage



     Know all men by these presents that I, JOHN DEVAULT, being justly

     indebted to YOUNG AND ADAMS in the just sum of forty dollars due by

     note and dated upon this day.  And, being desirous to secure them in

     the payment of the same have bargained and sold and delivered unto

     them, the said YOUNG AND ADAMS,



* Fifteen head of hogs,

* One loom,

* One bed, bedstead, and

* Furniture,

* One bull, and 

* All my kitchen furniture

     To have and to hold as their property until said debt and interest

     and cost is paid and satisfied.



     Now it is agreed that, if said debt is fully paid and satisfied by

     the 25th day of December next, then the obligation will be null and

     void, but if the said debt at that time remains unpaid or any part

     thereof, then the said property may be advertised and sold to

     [satisfy] said debt.



     If it brings more than the amount, the overpayment is to be paid to

     the said DEVAULT.  If less, he is still bound to YOUNG AND ADAMS for

     the balance.



     April 6th, 1841.



     John Devault