Premiere Pro CC : How to do Text Fade In and Out

Fading text in and out with transitions in Premiere Pro CC. This also works with titles and other graphics.

Music Credits:
Song 1:

Island by MBB
Creative Commons — Attribution-ShareAlike 3.0 Unported— CC BY-SA 3.0
Music promoted by Audio Library

Song 2:

Duration: 00:01:07