Executor's Deed
THIS INDENTURE, made the ______ day of
____________ , nineteen hundred 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 successors and assigns of the part of the second part forever,
ALL that certain plot, piece or parcel of land,with the buildings and improvements thereon erected, situate, lying and being in the
TOGETHER with all right, title and interest, if any, of the party of the first part in and to any streets and roads abutting the above described premises to the center lines thereof; TOGETHER with the appurtenances and all the estate which the said decedent had at the time of 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.
IN WITNESS WHEREOF, the party of the
first part has duly executed this deed the day and year first
above written.
In presence of:
[Add Signature Lines and Acknowledgments]
Standard N.Y.B.T.U. Form 8005