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estate in fee simple, and that the same is free and clear of all encumbrances, except as aforesaid, <br /> and said Grantor further covenants and agrees that it will warrant and defend the fee simple title <br /> conveyed and intended to be conveyed against the lawful claims of all persons. <br /> The rights and obligations of the Grantor and the Grantee shall be binding upon and inure <br /> to the benefit of their respective estates, heirs, personal representatives, successors, successors in <br /> trust and assigns. All obligations undertaken by two or more persons shall be deemed to be joint <br /> and several unless a contrazy intention shall be cleazly expressed elsewhere herein. <br /> The conveyance herein set forth and the warranties of the Grantor concerning the same <br /> aze expressly declazed to be in favor of the Grantee, its successors and assigns. <br /> The terms "Grantor" and "Grantee," as and when used herein, or any pronouns used in <br /> place thereof, shall mean and include the masculine or feminine, the singulaz or plural number, <br /> individuals or corporations, and their and each of their respective successors, heirs, personal <br /> representatives and assigns, according to the context thereof. <br /> IN WITNESS WHEREOF, the Grantor has executed these presents on the day and year <br /> first above written. <br /> W. IPMAN, LIMIT <br /> B <br /> Its <br /> Its % <br /> ~t.e.r.> w,.w <br /> APPROVED AS TO FORM: <br /> Deputy Corporation Counsel <br /> County of Hawaii <br /> <br /> Date: G~i>~3 <br /> -3- <br /> <br />