Lady Bird Deed

Illinois Enhanced Life Estate Warranty Deed

[A.K.A. Lady Bird Deed]

[Individual to Individual]

Space Above for Recorder’s Use

THE GRANTOR: , an individual,

whose address is ,

for and in consideration of Dollars, does hereby

CONVEY AND SPECIALLY WARRANT TO

THE GRANTEE: , an individual,

whose address is

subject to the Reservations and Exceptions listed below, all interest in the following real property situated in the County of , in the State of Illinois, to-wit:

See Legal Description Attached as Exhibit A incorporated by reference as though set forth in full

Legal Description:

RESERVATIONS FROM AND EXCEPTIONS TO CONVEYANCE AND WARRANTY:

1. All unpaid taxes and assessments for the year and all subsequent years.

2. All liens, encumbrances, easements, reservations, restrictions, covenants, easements, zoning ordinances, matters of survey and conditions of record in the Official Records of the County Recorder for County, Illinois, affecting the Property.

3. GRANTOR reserves unto himself, for and during his lifetime, the exclusive possession, use, enjoyment, and right of income of the property described herein.

4. GRANTOR further reserves unto himself, for and during his lifetime, the right to sell, lease, encumber by mortgage, pledge, lien, or otherwise manage and dispose, in whole or in part, or grant any interest therein, of the property described herein premises, by gift, sale, or otherwise so as to terminate the interests of the GRANTEE, as GRANTOR in his sole discretion shall decide, except to dispose of said property, if any, by devise upon his death.

5. GRANTOR further reserves the right to cancel this deed by further conveyance, even to GRANTOR, which may destroy any and all rights which the GRANTEE may possess under this deed.

GRANTEE shall hold a remainder interest in the property described herein and upon the death of the GRANTOR, if the property described herein has not been previously disposed of prior to GRANTOR’S death, all right and title to the property remaining shall fully vest in GRANTEE as sole owner subject to such liens and encumbrances existing at that time.

PERMANENT INDEX NUMBER(S):

PROPERTY ADDRESS:

TO HAVE AND TO HOLD the said premises, with all rights and privileges attached thereto unto the said Grantee and Grantee's successors and assigns forever. Grantor covenants with the Grantee that the Grantor is now seized in fee simple absolute of said premises; that the Grantor has full power to convey same; and that Grantor will only warrant and forever defend the right and title to the above described property unto the said Grantee against all claims from whomsoever.

Dated this day of , 20.

State of Illinois, County of

The foregoing instrument was acknowledged before me this , 20, by .

In Witness Whereof, I have hereunto set my hand and seal the day and year before written.

MUNICIPAL TRANSFER STAMP / COUNTY-ILLINOIS TRANSFER STAMP

[If Required]

OR

Exempt under provisions of Paragraph , Section 4, Real Estate Transfer Act

Date:

EXHIBIT A

Grantor:

Grantee:

Legal Description: