HI Deed-Warranty 1

THIS DEED, made this _________ day of ___________, 20_______, by JOHN PAUL JONES, unmarried, of Philadelphia, Pennsylvania, hereinafter called the "Grantor", in favor of POPEYE SWABBY, unmarried, and OLIVE OYL, unmarried, both of whose address is 1776 Navy Lane, Honolulu, Hawaii, hereinafter called the "Grantee",

WITNESSETH:

That for TEN DOLLARS and other valuable consideration paid by the Grantee, the receipt of which is hereby acknowledged, the Grantor does hereby grant, bargain, sell and convey unto the Grantee as Joint Tenants with full rights of survivorship, their assigns and the heirs and assigns of the survivor of them, in fee simple:

All of that certain real property described in Exhibit "A", attached hereto and made a part hereof.

And the reversions, remainders, rents, issues and profits thereof and all of the estate, right, title and interest of the Grantor, both at law and in equity, therein and thereto;

TO HAVE AND TO HOLD the same, together with all buildings, improvements, rights, easements, privileges and appurtenances thereon belonging or appertaining or held and enjoyed therewith, unto the Grantee according to the tenancy herein set forth, forever.

AND, in consideration of the premises, the Grantor does hereby covenant with the Grantee that the Grantor is seized of the property herein described in fee simple; that said property is free and clear of and from all liens and encumbrances, except for the lien of real property taxes not yet by law required to be paid, and except as may be specifically set forth herein; that the Grantor has good right to sell and convey said property, as aforesaid; and, that the Grantor will WARRANT AND DEFEND the same unto the Grantee against the lawful claims and demands of all persons, except as aforesaid.

The conveyance herein set forth and the warranties of the Grantor concerning the same are expressly declared to be in favor of the Grantee, and the Grantee's heirs, personal representatives, and assigns.

The terms "Grantor" and "Grantee", as and when used herein, or any pronouns used in place thereof, shall mean and include the masculine, feminine or neuter, the singular or plural number, individuals, partnerships, trustees or corporations and their and each of their respective successors, heirs, personal representatives, successors in trust and assigns, according to the context thereof. All covenants and obligations undertaken by two or more persons shall be deemed to be joint and several unless a contrary intention is clearly expressed elsewhere herein.

IN WITNESS WHEREOF, the Grantor has executed these presents the day and year first above written.

____________________________________

JOHN PAUL JONES Grantor

STATE OF HAWAII)

) SS

CITY AND COUNTY OF _______________)

On this ____________ day of __________, 20_______, before me personally appeared

JOHN PAUL JONES, to me known to be the person described in and who executed the foregoing instrument, and acknowledged that he executed the same as his free act and deed.

____________________________________

NOTARY PUBLIC, State of Hawaii

My commission expires: ________________

For Hawaii notaries, the typed or printed name of the notary must accompany the notary's official signature.  For recording purposes in Hawaii, any erasures, additions, "white-outs", or interlineations on the original instrument must be initialed by the Hawaii notary.  If the notary is from outside Hawaii, either the initials of the parties to the document or the initials of the notary public must be affixed alongside each change.