WARRANTY DEED

(Subject to Debt)

STATE OF _______________
COUNTY OF _____________

KNOW ALL MEN BY THESE PRESENTS:

THAT THE UNDERSIGNED,

______________________________________________________
_____________________________________________________ [full legal name(s) of
seller(s)], hereinafter called “Grantor”, whether one or more, for and in consideration of the
sum of TEN DOLLARS ($10.00) and other valuable consideration to the undersigned in hand
paid by the Grantee herein named, the receipt of which is hereby acknowledged, has
GRANTED, SOLD AND CONVEYED, and by these presents does GRANT, SELL and
CONVEY unto _______________
___________________________________________________ [full legal name(s) of
grantee(s)], herein referred to as “Grantee”, whether one or more, all of Grantor’s right, title
and interest, in and to the real property, being Grantor’s separate property, described as
follows:
__________________________________________________________________________
___
__________________________________________________________________________
___
__________________________________________________________________________
___
__________________________________________________________________________
___
__________________________________________________________________________
___
__________________________________________________________________________
___
[insert full legal property description].

This conveyance, however, is made and accepted subject to that certain indebtedness
described as follows: Vendor’s Lien in Deed dated ____________________, recorded in the
real property records of _________________________ County,
_________________________ [state] in
________________________________________________________________________
[insert description that provides details where the Vendor’s Lien in Deed is formally recorded,
such as volume and page number]; Real Estate Lien Note, dated ____________________, in
the original principal amount of $__________________, executed by
_______________________________ to _______________________________, and
secured by Deed of Trust of even date, to _______________________________, Trustee,
for the benefit of said lender, recorded in the real property records of
_________________________ County, _________________________ [state] in
_____________________________________________________________________ [insert
description that provides details where the Deed of Trust is formally recorded, such as volume
and page number], which indebtedness Grantee has not hereby assumed, and any and all
other restrictions, encumbrances, easements, covenants and conditions, if any, relating to the
hereinabove described property as the same are filed for record in the real property records of
_________________________ County, _________________________ [state].

TO HAVE AND TO HOLD the above described premises, together with all and singular the
rights and appurtenances thereto in anywise belonging, unto the said Grantee, Grantee’s
heirs, executors, administrators, successors and assigns forever; and Grantor does hereby
bind Grantor’s heirs, executors, administrators, successors and assigns forever; and Grantor
does hereby bind Grantor’s heirs, executors, administrators, successors and/or assigns to
WARRANT AND FOREVER DEFEND all and singular the said premises unto the said
Grantee, Grantee’s heirs, executors, administrators, successors and/or assigns against every
person whomsoever claiming or to claim the same or any part thereof.

But it is expressly agreed that the Vendor’s Lien, as well as Superior Title in and to the above
described premises, is retained against the above described property, premises and
improvements until the above described Note and all interest thereon is fully paid according to
the face, tenor, effect and reading thereof, when this Deed shall become absolute.

Current ad valorem taxes on the property having been prorated, the payment thereof is
assumed by Grantee.

EXECUTED this ________ day of ____________________, 20_____ but to be effective

upon the date this instrument is filed for record in the real property records of
_________________________ County, _________________________ [state].

GRANTOR(S):

______________________________ ____________________________
[name of seller] [name of seller]

STATE OF _______________
COUNTY OF _____________

Before me, the undersigned Notary Public, on this day personally appeared
_________________
__________________________________________________________________________
known to me (or proved to me on the oath of
_____________________________________________, or through Drivers License or
_____________________________________________) to be the persons whose names
are subscribed to the foregoing instrument and acknowledged to me that they executed in the
capacity set forth and for the purpose and consideration therein expressed.

Given under my hand and seal of office this ________ day of ____________________,
20_____.

[Notarial seal, if any]

_______________________________
NOTARY PUBLIC,
STATE OF _____________

After recording, return to Grantee, at:

Grantee’s address:

_______________________________
_______________________________
_______________________________