§ 54.03. Definitions. When used or referred to in this title, unless a different meaning clearly appears from the context, the terms listed below shall have the following meanings:

1. "Trust" shall mean the trust created by section 54.05 of this title.

2. "Executive mansion" shall mean the lands and structures constituting the executive residence of the governor at 138 Eagle Street in Albany, New York.

3. "Real property" shall mean lands, structures, franchise and interest in lands and any and all things usually included within the said term. The term "real property" as used in this title, shall exclude the executive mansion.