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Home My WebLink About98-00257 INI>EX PAGE 1, [)ivorcc and Scp,lratioll..""""""""""""""""""".."....""."";",,,.,.4 .., Division ofProp\:rty..,....,.."..............,.."....""........"............",....,.. 4 ), Child Cu~tody ..,........,..,....,..,..............,........,..,...."........,..,..,........,5 4, Child Supporl/Pmochial School Education................................... 6 5, Incomc Tax Prior RclUl'l1s,......,........,....,..................................,...., 6 6, Exccution or Additional Documcnts ,..............................,............,6 7, Transll:rs Subjcct to I.icns ........,........................,....,....,....,............ 7 g, Complete Listing or Propcrty ..........,........,..............,......,.............. 7 9, Equitable Distribution or Propcrty ......................,..,...................... 7 10, Rclinquishl11cnt or()wncrship......................,............,............,...... g II, A licr-Acquircd Propcrty ....................,....,..,......,..,............,..,........ 8 12, Dcbts ""..,....,..""..""....,....,......,........,..",..",....",.."........"",,'....,.. 8 13, Bankruptcy ..,..,..,..",..,.."..............,........,......,....,....,.."....,............,9 14, Lirc Insurancc ..,......,................,....................,........,........,....,..,....,10 15, Alimony ....,....,..........................,..........................,........................ 10 16, Full Disclosurc ....,........,....,........................,............,......,....,........, I () I 7, Ih'lcascs" ,..",..,.., ,..,'..'..,.. ,.... ...." ,..........,..,..",..",..........,..,.."..".." II I g, Indemnification ....,..,............,....................,................,.................. II 19, Gcncral Provisions ........ ......,........,.. ........,.... ........,..............'"......, 12 20, Fair and I:quitablc Contcnts ...............,......................,....,..,....,....' 12 21, Brcach ..................,..,....,....,..........,..........,....,....................,.........., 13 22, Indepcndcnt Scparatc Covcnants,..,......,..,..,..,......,..,....,....,.......... 13 23, Void Clausl:s ......,....,...."....,..,........,..........,....................,.............. 13 24, Execution or Documcnts......,........,.."..,......,......,.."......,....,.......... 13 25, Applicablc I ,all' "..,..".."......,....,............,..,..........,....,..,......,..,..,.... 14 26, Non-Mergcr......,.."..".."..".. ....,....,...... ..,....",..' ...., ........ ........,..,.... 14 27, Represcntation or Pmlics ..,..............,..........,......,..,............,.......... 14 Sigtlatlll'C 11agc ., .,.", """" "t" """'" "t, "... .,."",", ""t, ".', ,t ,,'," ,."" ,0" 14 Acknowlcdg\:l11cnt Pagc ",.."..............,....,....,..,..,....,............"........,.. 15 .., aflll'esaid division nr pl'Operly. Ilusband shall sigu auy and all papers lll'cessll1'Y and otherwise cooperate with whatever process is Ill'n'ssary' 1'01' WiiC tn obtain au annulment. 7, Tl'llllsfcl's Suhicct to Llt.ns, Notwithstanding any other provisions in this dncul1lent all prop,'rty tl'ilnsrerred Iwreull(kr is subject to the existing lien 01' liens sct Illrth abn\'e, Th,' respectiw tl'ilns":r"" nr such prnpl'l'ty agrees tn indelllnilY and saw hannkss the other parly rrnll\ any claim nr liability lhat such other parly may suiTeI' or l1lay be requil\'d to pay on account nr such lien or eneul1lbrance, II, ('ollllllctt, Ll.~tinl! of PI'Ullt'l'ty, Thc partie's I\'pre.wnt and warrant to each other that the properly described in this Agreement represents all of the property in which they have any right, titk and interest, and that such property' is subject tn no 11l0rtgage, pledge, lien, security interest, eneul1lbl'ilnee or charge exceptlhosL' which arc disclosecl herein, 9, Euuitllblc Ilistributlon of PrUllcrt", Ily this Agreement, the parties have intendecllo "'Tect an equitable distribution of their jointly owned pl'llperty, The purties have determined that an equitable division of such properly eonflll'ms to ajust ancl right stanclarcl, with due regard to the rights of eadl party. The division of existing marital property is not intended by the parties to constitute in any IVay a sak or exchange of assets, and the division is bell1g effectuated wi'lhnut till' introduction of outside runds or otlwr properly not constituting a part of the marital ,'statl., It is thL' intention of the parties to treat all trans leI's of pl'Opcrty IlL'rein as nnn-taxable, 7 10, l~clinll!!lshlllt'nt Ill' Ownt'l'shlll, I':xeept as provicbl hereiu, Ilusbaltd forever rdinquishes lillY' right or intercst Ill' may IWI\' Ill' hereal'ter have in any assets now belllnging to Wili:, and Wife lill','\'L'I' rL'linquishes any right or interL'st she may now Ill' hereal'ter have in any assets nlllV belllnging to Ilusband, II. Aftt'r-Ac{IUil'ctll'l'Ollt'I'tl', Each ortlw parlies shall herL'al'ter own and enjoy indepell(kntly or any' claim Ill' right llllhe other, all items 01' prllperly, b,' they real. personal 01' mixed, IHngibk Ill' intangible, which arc hereaner acquired by him 01' her, with full power in him or her III displlse Ill' the S(lmL' as I'ully ilnd ef'lectively, in all respects and "'I' all p.lrpllses as thllugh Ill' Ill' she wer,' unmarried, 12, Ucbts, A, lIusband and Wile agree to be responsible Ill!' tlwjoint debts or the parlics as follows: Wile shall retain lIIvnership of the marital residence located at 18 Oak Avenue, Camp lIill. Cumberland ('ounty, Pennsylvania, She shall refinance the mortgage within six lTIonths froll1lhe date of Ihis Agreell1ent, in order to remove Husband's name rroll1 suid ohligatiol!. II' Will: is unable to relinuncc said property within six months, then the properly shull h,' sold, and Will: ,':hall be entilkotllo Ih,' proceeds of the sale, It is rurther agrL'ed hetween tlw parties thutllusband shalll'ay unto Will: the sum of $1 ,SOil in order to help dcrmy thL' cosls 01' relinuncing lheir eU1'l'enlnHlrtgage, The runds shall be hcld in escrow by Wile's uttorney, pcnding the aetualrelinaneing, R this i\greement. any breach of the wurrantics made hy II1Ishand 01' Wile to the other in this i\gre~ment, 01' hreu~h 01' dL'i\lult in perl()!'fnUnL'L' hy llllshand 01' WilL' or any of the obligations 10 be p,'rlilnned by su~h party h~reunder, lh~ II1Ishand or Wile agrees to givL' the olh~r prolllpt wrill,'nnotie,' of any litigutionthreutened 01' institutL,d against either party which might constitute the basis Ii,I' u claim IiII' indL'llInity pursuanlto thL' terms of this i\greemcnl. 19, Gt'ncl'llll'rnl'isions, This i\gre~ment constililt~s the entire understanding or the parties and sUIK'rsedes any and all prior agr~ements and negotiations between them, Ther~ are norepr~s~ntations 01' WHlTalllies other than those expressly set forth her~in, 20, FiliI' llull ElIIlitllhlc Coutt'uts, Th~ prol'isions of this ;\greem~nt and their legal cI'I'c~t hal'~ bcen fully explained to the partie's by their respe~tive counsel. Each party a~knowl~dges thut he 01' she has receivcd independent legal advise from eounsc! of his or her sekl'lion and lhat ea~h rully undnslunds the lill'ls and has been fully inflll'mecl as to his or her kgul rights and ohligations, l':adl party acknowledges and lleecpts that this I\greement is, under th,' eireumstunces, 1(lir and equilabk, and that it is being enlL'rL'd into freely unci I'oluntarily uliL'r hal'ing reeeiled such advice and with such knowledge, and that execution of this i\greL'ment is notth,' result of any duress or undue inlluenee und that it is nottlw result of any collusion Ill' imprnp,'r 01' illegal agreement 01' llgreements, 12 ,;' (") .', I " , I " I I I C..J , ., " " i r'" I I I , " I (.J 'J .< L .., , I I ! ~, 1.0 -':! (,;J ~ :?~1" t.Jo-,'': (~)~ :;. 'II" ~b f' ......... \~ t-:J ~ - \:) .~ , , tv:) :":). 1'('1 ...'" ~~ LI.'> Q u:> 'f\ ~ ,-, "1-\B; .." :;-',71 ~fJ '" ''''''',!11 ,', ~;!';~ c:> 'Co, ~\. <:-~I,) r~O 'U !' :f{ "iT;. ::r.: ':-;! (,'~) ~-;(.) ~?L) N i~;)rn PC .. 'i~ ~ f'" ~ ~J.1 en ~.