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In this YouTube video tutorial, the presenter demonstrates how to effectively use Microsoft Word's find and replace tool to replace short text with longer text. They highlight a practical example involving a lengthy contract that contains multiple "signature" placeholders noted in brackets. The goal is to replace every instance of the text "signature" in brackets with a pre-prepared signature block from another document. The tutorial guides viewers through the process of selecting the desired signature block and preparing to use it in the find and replace feature to streamline the contract editing process.