Fill and Sign the Life Estate Deed 481370342 Form

© 2016 - U.S. Legal Forms, Inc. NORTH CAROLINA ENHANCED LIFE ESTATE DEED (A.K.A. LADY BIRD DEED) [Husband and Wife TO (4) Four Individuals] Control Number: NC-06-82 I. TIPS ON COMPLETING THE FORMS The form(s) in this packet may contain “form fields” created using Microsoft Word or Adobe Acrobat (“.pdf” format). “Form fields” facilitate completion of the forms using your computer. They do not limit your ability to print the form “in blank” and complete with a typewriter or by hand. It is also helpful to be able to see the location of the form fields. Go to the View menu, click on Toolbars, and then select Forms. This will open the Forms toolbar. Look for the button on the Forms toolbar that resembles a shaded letter “a”. Click this button and the form fields will be visible. By clicking on the appropriate form field, you will be able to enter the needed information. In some instances, the form field and the line will disappear after information is entered. In other cases, it will not. 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Enhanced Life Estate Deed Page 1 of 3 NORTH CAROLINA ENHANCED LIFE ESTATE DEED Mail after recording to This instrument prepared by Brief description for the index THIS QUITCLAIM DEED made this day of , 20 GRANTORS , , husband and wife GRANTEES , , , , individuals WITNESSETH: For TEN DOLLARS ($10.00) and other valuable consideration, the receipt and sufficiency of which is acknowledged, Grantors do hereby QUITCLAIM AND CONVEY unto Grantees, as TENANTS IN COMMON, and Grantee’s successor and assigns, all right, title, claim, and interest of the said Grantors, subject to a retained enhanced life estate in Grantors, and each of them, described further in the Reservations From and Exceptions to Conveyance and Warranty set forth below . in and to a certain tract or parcel of land lying and being in the County of __________________, and State of North Carolina, and more particularly described as follows: See Legal Description Attached as Exhibit A incorporated by reference as though set forth in full Legal Description: Enhanced Life Estate Deed Page 2 of 3 TO HAVE AND TO HOLD unto Grantees, their successors and assigns forever, so that neither Grantors nor Grantor's successors, assigns, or legal representatives nor any person or persons claiming under Grantors shall at any time hereafter have, claim, or demand any right or title to the Property or any part thereof, subject only to the following reservations and permitted exceptions ("Reservations and Permitted Exceptions"): 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 County Clerk Official Records of County, North Carolina, affecting the Property. 3.GRANTORS reserve unto each of them, for and during their lifetimes, the exclusive possession, use, enjoyment, and right of income of the property described herein. 4. GRANTORS further reserve unto each of them, for and during their lifetimes, the right to sell, lease, encumber by mortgage, pledge, lien, or otherwise manage and dispose of, in whole or in part, or grant any interest therein, of the property described herein, by gift, sale, or otherwise so as to terminate the interests of the GRANTEES, as GRANTORS in their sole discretion shall decide, except to dispose of said property, if any, by devise upon their death. 5. GRANTORS further reserve unto each of them the right to cancel this deed by further conveyance, even to a GRANTOR, which may destroy any and all rights which the GRANTEES may possess under this deed. GRANTEES shall hold a remainder interest in the property described herein and upon the death of the GRANTORS, if the property described herein has not been previously disposed of prior to the death of the surviving Grantor, all right and title to the property remaining shall fully vest in GRANTEES as owner subject to such liens and encumbrances existing at that time. IN WITNESS WHEREOF , the GRANTORS have signed and sealed this deed on the day and year set forth below. Date: Date: Grantor’s SignatureGrantor’s Signature Print or Type NamePrint or Type Name Enhanced Life Estate Deed Page 3 of 3 STATE OF NORTH CAROLINA, COUNTY OF __________________ I, a Notary Public, of said State and County aforesaid, do hereby certify that Grantor, personally appeared before me this day, and (i) I have personal knowledge of the identity of the Grantor or (ii) I have seen satisfactory evidence of the Grantor’s identity, by current state or federal identification with the Grantor’s photograph in the form of a or (iii) a credible witness has sworn to the identity of the Grantor who acknowledged to me that he or she voluntarily signed the foregoing document for the purpose stated herein and in the capacity indicated. Witness my hand and official seal or stamp, this ______ day of __________________, in the year 20______. (seal or stamp) Notary Public Official Signature Notary Printed or Typed Name My commission expires: STATE OF NORTH CAROLINA, COUNTY OF __________________ I, a Notary Public, of said State and County aforesaid, do hereby certify that Grantor, personally appeared before me this day, and (i) I have personal knowledge of the identity of the Grantor or (ii) I have seen satisfactory evidence of the Grantor’s identity, by current state or federal identification with the Grantor’s photograph in the form of a or (iii) a credible witness has sworn to the identity of the Grantor who acknowledged to me that he or she voluntarily signed the foregoing document for the purpose stated herein and in the capacity indicated. Witness my hand and official seal or stamp, this ______ day of __________________, in the year 20______. (seal or stamp) Notary Public Official Signature Notary Printed or Typed Name My commission expires: Exhibit A EXHIBIT A Grantors: Grantees: Legal Description: