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HomeMy WebLinkAbout98-01240 i I I I I \. j~ I~ III ~ I \. I~ I~ -., ~',-, \. ~ ~:;'~f-' --""'-t I I , i (, I ~\. .1 . \l I i i i - ' .~ I .~ I ~1 I i ~j ~ <<i " , 0..1 c--, I ~l I I ADDENDUM 1Q.jJEPARATION AND PROPERTY SE'I"I'L~MEN~' AGREEMENT THIS AGREEMF:N'[' Made this '/ \ day of June, 1998, by and between BONITA KELLER (hereinafter referred to as WIFE) ilnd JOSEPH KELLEP. (hereinafter referred to as HUSBAND); WI'l'NESSETH: WHE:REAS, the parties hereto were married on July 25, 1992, in Calhoun County, Alabama, WHEREAS, the parties executed a separation and property settlement agreement on or about August 18. 1997, in which the parties, desirous of settl:Lng fully and finally their respective financial and property rights and obligations as between each other executed said agreement in gOOd faith and intending to be bound. Whereas, pursuant to Paragraph 13 of that agreement, any and all modifications or waiver of the provisions of the August 18, 1997 agreement shall be in writing and executed with the same formality as the original agreement. NOW, THEREFORE, in consideration of the premises and of the mutual promises, conveyance and undertakings her",inafter set forth, and for other good and valuable consideration, receipt of which is hereby acknowledged by each of the pa:ct1es hereto, Wife and Husband, each intending to be legally bound, hereby covenant and agree as follows: 1. Indemnification: Pursuant to Section 3(c) (1) of the parties' August 18, 1997 agreement, the WIFE has maintained possessIon of the 1995 PontIac Grand Am and has been responsIble for mak1ng the monthly payments on that vehicle. The partIes do hereby agree that the WIFE shall refinance this obligation as soon as she can qualify for such a Page 1 of 3 loan, Until such time as this [f) finance is complete, the WIPE shall indemnify and hold the HUSBAND harrnleBs from any and all liaQ:Ll:lty arising from the exiBting automobilo Ioah. Upon written confirmation that the WIPE has secured indopendent financing on this automobile, the HUSBAND shall execute any and all documents, includlng the title to the automob:Lle ln order to trans for any and all interest he has :In tho automobile to thE') WIFE. This agreement shall not affect the WIFE's existing obligation to pay for automobile lnsurance on said vehlcle, which shall continue. 2. Custody: A. The parties shall share legal custody of Michael Joseph Keller, born December 11, 1993. In sharing legal custody, the parties recognize that all significant decisions concerning Michael's health, education, and spiritual upbringing wlll be joint decisions. B. The parties shall share physical custody of the minor child. Transfer of custody shall occur at least on a weekly basis. The date and time of such transfers shall be as the parties mutually agree. Absent such an agreement between the parties, said transfers shall occur Bach Priday, no later than 6:30 p.m.. C. Transportation to and from periods of physical custody with each parent shall be shared between the parties. Absent an agreement, it shall be the duty of the non-custodial ~arent. D. The part:Les shall share physical custody of the minor child on those holidays as they may mutually agree. E. The terms of this custody agreement are modifiable either by joint agreement of the parties or by order of Court of competent Page 2 of 3