Item 7 - Copy of assignment between William Morgan Mullan and Modern Homes (Dublin) Ltd

Parties:
(1) William Morgan Mullan of Sandymount Castle, Sandymount in the County of the City of Dublin, solicitor (the Vendor)
(2) Modern Homes (Dublin) Ltd., having their Registered Office at “St. Andrews”, Serpentine Avenue in the City of Dublin, Limited Company (the Purchasers)

Property:
All that lot or parcel of ground with the dwellinghouse and offices now standing thereon situate on the east side of Gilford Road, Sandymount in the Barony of Dublin in the County of Dublin, bounded on the north-west and south-west by Gilford Road and Sandymount Green, and on the north and north-east partly by the holding of James Beckett, partly by the holding of Susan and Louisa Hempenstall and partly by an unleased portion of the estate of the Earl of Pembroke and Montgomery.

Terms and conditions:
In pursuance of an agreement dated 13 November 1939, between James R. Smyth of St. Andrews, Serpentine Avenue, Ballsbridge in the City of Dublin and William J. Kavanagh of 57 Merrion Square in the City of Dublin, builders on behalf of the Purchasers, and by which Mullan agreed to the sale to the Purchasers for the sum of £2,925 of the above premises for all the residue of the term of 150 years set down in a lease of 1870, and consideration of the said sum paid by the Purchasers to the Vendor, the latter, as personal representative of James Johnston Mullan, deceased, assigns and conveys unto the purchasers the above property, to hold for all the unexpired residue of the term of 150 years, subject to the rent of £125, and to the covenants and conditions in the 1870 lease, and subject to the sub-leases set out in an accompanying schedule.