HomeMy WebLinkAbout98-04396
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SEPARATION AND PROPERTY SETILEMENT AGREEMENT
TInS AGREEMENT, made this 7 r.!1 day of {If'f2..'J . 1999.
by and betWeen DANA G. HOOVER, of 2 Bear HoDow Road, Newburg. Cumberland Coonty.
Pennsylvania, party of the first part, hereinafter referred to as "Husband".
AND
SUSAN D. HOOVER, of 1-3 East Main Street, Newburg, Cumberland County.
Pennsylvania, party of the second part, hereinafter referred to as "Wile".
WITNESSETH:
WHEREAS. Husband and Wile were married on September 10. 1983 in Cumberland
County. Pennsylvania; and
WHEREAS, Husband and Wile are residents of the Commonwealth of Pennsylvania and
have been so for at least the past six months;
WHEREAS, certain differences have arisen betWeen the parties hereto which have made
them desirous of living separate and apart from one another; and
WHEREAS, Husband and Wife desire to settle and determine certain of their marital
rights and obligations. and make an equitable distribution of their marital property, determine their
rights to alimony and suppon and any other matters which may be considered under the Divorce
Code; and
WHEREAS, it is the intention and purpose of this Agreement to set forth the respective
rights and duties of the parties while they continue to live apart from each other and to settle all
financial and propeny rights between them; and
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,
.
defense of any action for divorce; provided, however. that nothing contained in this Agreement
shall prevent or preclude either of the parties hereto from commencing. instituting or prosecuting
any action or actions for divorce, either absolute or otherwise, upon just, legal and proper
grounds; not to prevent either party from defending any such action which has been, may. or shall
be instituted by the other party, or from making any just or proper defense thereto. It is
warranted, covenanted, and represented by Husband and WIfe. each to the other. that this
Agreement is !awfuI and enforceable and this warranty, covenant, and representation is made for
the specific purpose of inducing Husband and Wile to execute the Agreement. Husband and WIfe
each knowingly and understandingly hereby waive any and all possible claims that this Agreement
is, for any reason, illegal, or for any reason whatsoever of public policy. unenforceable in whole or
in part. Husband and Wile do each hereby warrant, covenant and agree that, in any possible
event, he and she are and shall forever be estopped from asserting any illegality or
unenforceability as to all or any part of this Agreement.
2.2
It is funher specifically understood and agreed that the provision of this Agreement
relating to the equitable distribution of propeny of the panies are accepted by each party as a final
settlement for all purposes whatsoever. Should either of the parties obtain a decree, judgment or
order of separation or divorce in any other state, country. or jurisdiction, each of the parties to
this Agreement hereby consents and agrees that this Agreement and all its covenants shall not be
affected in any way by any such separation and divorce.
2.3
This Agreement shall survive any decree in divorce and shall be forever binding and
conclusive on the panies. It is understood by and between the panies that this Agreement shall be
.
3.5
SubseauentlY Acauired PrODertv. Husband and Wife agree to waive and relinquish any
and all right that he or she may now have or hereafter acquire in any real or tanglole persoca1
property subsequently acquired by the other party. Husband and Wife specificaUy agree to waive
and relinquish any right in such propeny that may arise as a result of the marriage relationship.
3.6
Real Estate. The parties are the joint owners of real estate located at 2 Bear HoUow
Road. Newburg. Cumberland County, Pennsylvania, which property is CWTently held in the
parties' joint names. This propeny is unencumbered at this time. Wile agrees that.
contemporaneously with the execution of this agreement, she will execute a general warranty fee
simple Deed conveying all of her right, title, and interest in the aforesaid real estate to Husband.
Wile shall then deliver said Deed to Husband in exchange for a lump sum payment ofS40,000.00
which shall be paid directly from Husband to Wife. The $40,000.00 payment referenced herein,
which shall be made by Husband to Wife, is the sole disbursement of any proceeds or any other
reimbursement for any legal or equitable interest in the aforesaid real estate from Husband to
Wife. Upon execution'and delivery of the deed from Wife to Husband and upon Wile's receipt of
$40,000.00, Wife does thereafter waive, relinquish, and transfer any and all right, title, and
interest she has in the aforesaid real estate, both legal and equitable. and will make no claims of
any nature whatsoever, relative to any ownership interests, legal or equitable.
Husband shall secure sufficient funds to pay the $40,000.00 lump sum disbursement to
Wile within 30 days execution of this Agreement. Should there be any encumbrances on the
aforesaid real estate at the time of transfer of the propeny, those encumbrances are and shaD
remain Husband's sole and exclusive responsibility, Husband shall indemnify Wife and hold her
barmless from and against any and all demands for payment or collection activity of any nature
whatsoever relative to any such encumbrances. With the exception of the above-referenced real
estate, the parties do not own other real estate and do not have interest either independently or
jointly with others in other real estate.
3.7
Pension. Retirement. Profit-Sharin2. Wile agrees to waive, relinquish, or transfer
any and all right to ownership that she has in any pension, profit sharing, retirement, IRA. or any
other similar retirement accounts that Husband has secured independently or through his present
or prior employment. Wife hereby waives, relinquishes and transfers any right, title and interest
that she has in any such accounts, and will execute any and aU necessary documents to so waive
her interest, if that becomes necessary.
Husband agrees to waive, relinquish, or transfer any and all right to ownership. that he has
in any pension, profit sharing, retirement, IRA, or any other similar retirement accounts that Wife
has secured independently or through her present or prior employment. Husband hereby waives,
relinquishes and transfers any right, title and interest that he has in any such accounts, and will
execute any and all necessary documents to so waive his interest, if that becomes necessary.
3.8
Vehicles. The parties are the owners of a 1991 Chevrolet Lumina which is presently in
Wife's possession. Wife shall retain sole and exclusive ownership and possession of the aforesaid
vehicle. In the event it is necessary for Husband to execute any documents to waive, transfer, or
relinquish his interest in the aforesaid vehicle, he would do so within 10 days of being requested
to do so by Wife or her legal representative. Wife shall be solely and exclusively responsible for
any and all encumbrance of any nature whatsoever on the aforesaid vehicle and shall hold
,
Husband harmless and save him from and against any and all demands for payment or coUection
activity of any nature whatsoever, relative to any such encumbrance.
The parties are the owners of a 1988 Chevrolet pick up which is presently in Husband's
possession. Husband shall retain sole and exclusive ownership and possession of the aforesaid
vehicle. In the event it is necessary for Wife to execute any documents to waive, transfer, or
relinquish her interest in the aforesaid vehicle, she would do so within 10 days of being requested
to do so by Husband or his legal representative. Husband shall be solely and exclusively
responsible for any and all encumbrance of any nature whatsoever on the aforesaid vehicle and
shall hold' Wife harmless and save her from and against any and all demands for payment or
collection activity of any nature whatsoever, relative to any such encumbrance.
3.9
Intan2ible Personal Prooertv. The panies have already transferred or waived rights and
interest in all of their intangible personal propeny including their bank accounts, credit union
accounts, savings accounts, and the like, Neither party will make any claim of any nature
whatsoever against the other party relative to financial accounts or other investments or intangible
personal property that the other party has in their name alone, from this date forward.
ARTICLE IV
ALfMONY. ALIMONY PENDENTE LITE.
SPOUSAL SUPPORT.ND MAINTENANCE
4.1
The parties herein acknowledge that except for the provisions set forth in Paragraph 4.1
above, they have each secured and maintained a substantial and adequate fund with which to
provide themselves sufficient resources to provide for their comfon, maintenance and suppon in
the station of life in which they are accustom, Husband and Wife do hereby waive, release and
give up any rights they may respectfully have against the other for alimony, alimony pendente lite,
suppon or maintenance.
4.2
Husband and Wile specifically waive, release and give up any rights for alimony, alimony
pendente lite and spousal support pursu31lt to Chapter 37 of the Domestic Relations Code.
,
ARTICLE V
DEBTS OF THE PARTIES
5.1
Each party represents to the other that except as otherwise specifically set forth in this
Agreement, there are no major outstanding obligations of the parties; that since the separation
neither party has contracted for any debts for which the other will be responsible and each party
indemnifies and holds harmless the other for all obligations separately incurred or assumed under
this Agreement.
ARTICLE VI
~nSCELLANEOUS PROVISIONS
6.1
Advice of Counsel. The provisions of this Agreement and their legal effect have been
fully elCplained to the panies by their respective counsel, being Bradley L. Griffie, Esquire for
Husband, and Lindsay Dare Baird, Esquire for Wife. The parties acknowledge that they have
either received independent legal advice from counsel of their own selection, that they fully
understand the facts and have been fully informed as to their legal rights and obligation or
otherwise understand those legal rights and obligations. They acknowledge and accept that this
Agreement is. in the circumstances. fair and equitable, that it is being entered into freely and
voluntarily, after having received such advice and with such knowledge that execution of this
Agreement is not the result of any duress or undue influence, and further that it is not the result of
any coUusion or improper or illegal agreement or agreements.
6.2
Counsel fees. Each party agrees to be respon51ble for his or her own legal fees and
expenses, and each party hereby agrees to waive any claim for alimony, alimony pendente 1ite,
counsel fees, expenses or costs.
6.3
Mutual Release. Husband and Wile each do hereby mutually remise, release, quitclaim.
and forever discharge the other and the estate of such other, for aU times to come and for all
purposes whatsoever, of and from any and all right,. title and interest, or claims in or against the
property (mcluding income and gain from property hereafter accruing) of the other or against the
estate of such other, of whatever nature and wheresoever situate, which he or she now has or at
any time hereafter may have against such other, the estate of such other, or any part thereof:
whether arising out of any former acts, contracts, engagements, or liabilities of such other as by
way of dower or curtesy, or claims in the nature of dower or curtesy or widow's or widower's
rights, family exemption, or similar allowance. or under the intestate laws, or the right to take
against the spouse's Will; or the right to treat a lifetime conveyance by the other as testamentary,
or all other rights of a surviving spouse to panicipate in a deceased spouse's estate, whether
arising under the laws of (a) Pennsylvania. (b) any state, commonwealth orterritory of the United
States, or (c) any other country. or any rights which either party may have or at any time hereafter
have for past, present, or future suppon or maintenance, alimony, alimony pendente lite, counsel
fees, costs or expenses, whether arising as a result of the marital relation or otherwise. except and
only except, all rights and agreements and obligations of whatsoever nature ,arising or which may
arise under this Agreement or for the breach of any thereof. It is the intention of Husband and
Wife to give to each other by execution of this Agreement a full. complete, and general release
with respect to any and all propeny of any kind or nature, real or personal, not mixed, which the
other now owns or may hereafter acquire, except and only except, all rights and agreements and
obligations of whatsoever nature arising or which may arise under this Agreement or for the
breach of any thereof.
6.4
Bankruptcv. The parties agree that any an all financial obligations assumed herein shall
not be subject to discharge through bankruptcy proceedings. This includes, but is not limited to,
aU financial obligations assumed under Paragraph 3.6,3.8, and 4.1 of this Agreement. In the
event either party attempts to avoid financial obligations descnoed herein through bankruptcy
proceedings the other party shall have an independent claim against the party claiming bankruptcy
for any and all sums that the other party assumes or is required to pay due to the actions of the
party claiming bankruptcy, Funher, all rights available to the other party provided for in
Paragraph 6,14 hereinafter shall be available to the party not filing bankruptcy.
6.5
W arran ties. Each party represents that they have not heretofore incurred or contracted
for any debt or liability or obligation for which the estate of the other party may be responsible or
liable, except as may be provided for in this Agreement. Each party agrees to indemnifY or hold
the other party harmless from and against any and all such debts, liabilities or obligations of every
kind. including those for necessities, except for the obligations arising out of this Agreement.
Husband and Wife each warrant. covenant, represent and agree that each will, now and at all
times hereafter, save harmless and keep the other indemnified from all debts, charges, and
liabilities incurred by the other after the execution date of this Agreement, except as is otherwise
specifically provided for by the terms of this Agreement and that neither of them hereafter incur
any liability whatsoever for which the estate of the other may be liable.
6.6
No waiver or modification of any of the terms of this Agreement shall be valid unless in
writing and signed by both parties and no waiver of any breach hereof or default hereunder shall
be deemed a waiver of any subsequent default of the same or similar nature.
6.7
Husband and Wife covenant and agree that they will fonhwith execute any and all written
instruments, assignments, releases, satisfactions, deeds, notes or such other writings as may be
necessary or desirable for the proper implementation of this Agreement, and as their respective
counsel shall mutually agree should be so executed in order to carry fuUy and effectively the terms
of this Agreement.
6.8
This Agreement shall be construed in accordance with the laws of the Commonwealth of
Pennsylvania which are in effect as of the date of the execution of this Agreement.
6.9
This Agreement shall be binding and shall inure to the benefit of the parties hereto and
their respective heirs. executors. administrators. successors and assigns.
6.10
This Agreement constitutes the entire understanding of the parties and supersedes any and
all prior agreements and negotiations between them. There are no representations or warranties
other than those expressly set forth herein.
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9. The parties' marriage is irretrievably broken.
10. Plaintiff desires a divorce and it is believed that Defendant will after ninety
(90) days from the date of the service of this Complaint consent to this divorce.
WHEREFORE, Plaintiff requests your Honorable Court to enter a Decree in
Divorce under Section 3301 (c)ofthe Domestic Relations Code.
COUNT 11- EQUITABLE DISTRIBUTION
11. Paragraphs 1 through 10 are incorporated herein by reference as if set forth in
their full text.
. 12. Plaintiff and Defendant are joint owners of certain real estate located at 2 Bear
Hollow Road, Newburg, Cumberland County, Pennsylvania.
13. Plaintiff and Defendant are joint owners of various items of personal property,
furniture, and household furnishings acquired during their marriage which are subject to
equitable distribution.
14. Plaintiff and Defendant have incurred debts and obligations during their
marriage which are subject to equitable distribution,
WHEREFORE, Plaintiff prays this Honorable Court to equitably distribute the
parties' marital property and equitably apportion their debts.
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: IN THE COURT OF COMMON PLEAS OF
: CUMBERLAND COUNTY, PENNSYLVANIA
: CIVIL ACTION - LAW
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DANA G. HOOVER,
Plaintiff
SUSAN D, HOOVER,
Defendant
: NO, 98-4396 CIVIL TERM
: IN DIVORCE
WAIVER OF NOTICE OF INTENTION TO REOUJ<3sr
ENTRY OF A DIVORCE DECREE
UNDER SECTION 3301 eel OF THE DIVORCE COlll<~
1. I consent to the entry of a final decree in divorce without notice.
2. I understand that I may lose rights conceming alimony, dlv~\;l1n of property,
lawyer's fees or expenses iff do not claim them before a divorce is grunted,
3. I understand that I will not be divorced until a divorce decree is entered by the
Court and that a copy ofthe decree will be sent to me immediately after it is filed with the
Prothonotary.
I VERIFY THAT THE STATEMENTS MADE IN THE FOREGOING AFFIDAVIT
ARE TRUE AND CORRECT. I UNDERSTAND THAT FALSE STATEMENTS
HEREIN ARE MADE SUBJECT TO THE PENALTIES OF 18 Pa. C,S. 4904
RELATING TO UNSWORN FALSiCATION Tq.AUTHORITIES.
DATE: -)1-/-97
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