Executor's Deed

THIS INDENTURE, made the ______ day of ____________ , two thousand and _________

BETWEEN

as executor of the last will and testament of ________________________________________ , late

of _____________________ , deceased, party of the first part, and

party of the second part,

WITNESSETH, that the party of the first part, by virtue of the power and authority given in and by

said last will and testament, and in consideration of ___________________ Dollars, paid by the

party of the second part, does hereby grant and release unto the party of the second part, the heirs or

decedent's death in said premises, and also the estate therein, which the party of the first part has or

has power to convey or dispose of, whether individually, or by virtue of said will or otherwise; TO

HAVE AND TO HOLD the premises herein granted unto the party of the second part, the heirs or

successors and assigns of the party of the second part forever,

AND the party of the first part covenants that the party of the first part has not done or suffered

anything whereby the said premises have been encumbered in any way whatever, except as

aforesaid.

AND the party of the first part, in compliance with Section 13 of the Lien Law, covenants that the

party of the first part will receive the consideration for this conveyance and will hold the right to

receive such consideration as a trust fund to be applied first for the purpose of paying the cost of

the improvement and will apply the same first to the payment of the cost of the improvement before

using any part of the total of the same for any other purpose.

The word "party" shall be construed as if it read "parties" whenever the sense of this indenture so

requires.