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Crush graham crackers and add 1 square of melted butter together. Press into the bottom of a 9x13 in pan.
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Mix 1 can sweetened condensed milk and 1/4 cup lemon juice together.
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Add sliced peaches and condensed milk mixture together. Pour over graham cracker crust.
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Top with cool whip or heavy whipping cream. Refrigerate for a few hours, then serve.