As often is the case, place names are not always clear unless you know the area involved.
Item the s[ai]d defunct the tyme of his deceas foirs[ai]d was justly awand and addebted to
the persons re(s)p[ec]tive unde[r]wri[tti]ne the sowmes of money following viz to the Earlle
of Annandale of rent ane hundred & twentie pound scots mo[n]ey It[em] to Mary Carru-
thers in [breinhile?] four pound sextine shilling It[em] to Jon Tailfer in [penlawe?]
four pound four shilling It[em] to Symeon helliday in [milcommoff?] threttie shilling
It[em] to Janet grahame in gillenbierig awghtine pound It[em] to Richard robsone
y[ai]r (= there) four pound money abovesp[ecif]eit (= above specified, i.e. pounds Scots)