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HomeMy WebLinkAbout77-0521Y7; ~C ~~~ ~ ~ ;~~ ',. ~,,,. RE: ESTATE OF HELEN J. IN THE OFFICE OF THE REGISTER DMOCHOWSKI, DECEASED, OF WILLS OF CUMBERLAND COUNTY, PENNSYLVANIA NO: 1977-00562 SETTLEMENT AGREEMENT This Agreement made and. entered into this ~~day of ~'~.,~,c.~ ~~ , 2003, by and between: KAREN J. (SIDE) DMOCHOWSKI and CHERYL M. DMOCHOWSKI-ZEIGLER, Co-Executrices of the Estate of Helen J. Dmochowski, Deceased, parties of The first part, hereinafter called "Executrices", AND KAREN J. (SIDE) DMOCHOWSKI (hereinafter individually Called "Karen") and CHERYL M. DMOCHOWSKI-ZEIGLER (hereinafter individually called "Cheryl"), parties of the second part, hereinafter collectively called "Beneficiaries": LAW OFFICES SNELBAKER. BREN NEMAN & SPARE WITNESSETH: WHEREAS, Helen J. Dmochowski (hereinafter called "Decedent") died on June 11, 1997, leaving her Last Will and Testament dated March 27, 1981, in which she designated Executrices to serve as co-executrices in the administration of her estate and directed that her entire residuary estate be distributed to Beneficiaries equally (Decedent's husband, Lucian F. Dmochowski, having predeceased Decedent); and WHEREAS, said Last Will and Testament was duly probated in the Office of the Register of Wills in and for Cumberland County, Pennsylvania, and Letters Testamentary were duly issued to Executrices on July 8, 1997; and WHEREAS, Executrices entered upon their duties and successfully concluded the administration of the Decedent's estate and have made distribution of the net assets of said estate, and they desire by these presents to permanently document the conclusion of said administration; NOW, THEREFORE, in consideration of these presents and intending to be legally bound hereby, the parties mutually covenant and agree as follows: 1. The foregoing preamble and paragraphs are incorporated herein by reference thereto. 2. The parties agree that the net balance of the Decendent's estate for distribution consists only of the remaining unpaid balance of a Mortgage Bond /Note dated May 13, 1994, in which Cheryl is the obligor/debtor and Decedent is the Obligee/creditor, said investment hereinafter called "Bond/Note". 3. The parties agree, confirm and ratify that said "Bond/Note" has been assigned to Beneficiaries in equal undivided shares, Karen owning one-half and Cheryl owning one-half, said Beneficiaries hereby being substituted for Decedent as the obligee/creditor. 4. Beneficiaries hereby jointly and severally release and discharge Executrices from any and all responsibility for the collection, enforcement or other administration of said Bond/Note, and hereby accept the shares in said Bond/Note in full and complete satisfaction of their respective entitlements to the estate of the Decedent. 5. The parties agree that this agreement shall be deemed to be the equivalent of the court confirmation of an accounting made by the Executrices and a decree of court awarding distribution as aforesaid, and that an original counterpart of this agreement shall be filed in the Office of the Register of Wills aforesaid as a public record of the completion of the administration of the Decedent's estate and final distribution of Decedent's assets. IN WITNESS WHEREOF, the parties have caused these presents to be duly signed, sealed and delivered as of and on the day and year first mentioned above. WITNESSED BY: ,, ~ ,.,.~. i ~i--~~--L.-d.-c.. r i~ ' ~~ ~ AL> Karen J. i e Dmoc ( p) howski, Co-executrice of the Estate of Helen J. Dmochowski, Deceased ,-~ r'-~ l.-~'~-~:. ~~ ;~. ~%~~ t---~ (SEAL) _.~ Cheryl M. Dmochowski-Zeigler, ~~ Co-executrice of the Estate of Helen J. Dmochowski, Deceased LAW OFFICES SNELBAKER. BRENNEMAN & SPARE ~~~ ~~~ AL) ar n J- ipe) Dmochowski - (Individually/Beneficiary) -2- WITNESSED BY: ;'~ ~, ~ j ~ ~~~~_._ ~_ SEAL Cheryl M. Dmochowski-Zeigler (Individually/Beneficiary COMMONWEALTH OF PENNSYLVANIA ) SS. COUNTY OF CUMBERLAND 1 On this, the " da of ~ , 2003, before me, a Notary Public in and for the Commonwealth and County aforesaid, the undersigned officer, personally appeared Karen J. (Sipe) Dmochowski and Cheryl M. Dmochowski -Zeigler, Co-executrices of the Estate ,.nd under the Last Will and Testament of Helen J. Dmochowski, Deceased, known to me (or satisfactorily proven) to be the persons whose names are subscribed to the within instrument, and cknowledged that they executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. g~a K. S SN ary k't~bi#c Boro, Curr~ertar-d X03 ~ f ~ ~~~~~~~ Expires Nw 22, ~(.. lK ~a~~~. ~>?~~*~ +~. n~.,~.j.~ts.,~, ,,, .:~~~~ ~ Notary Public COMMONWEALTH OF PENNSYLVANIA 1 COUNTY OF CUMBERLAND SS. On this, the ~"~`~ ~ day of C~-L~~,~~ , 2003, before me, a Notary Public in and for the Commonwealth and County aforesaid, the undersigned officer, personally appeared Karen J. (Sipe) Dmochowski individually in her own right, and Cheryl M. Dmochowski - Zeigler, individually her own right, known to me (or satisfactorily proven) to be the persons whose names are subscribed to the within instrument, and acknowledged that they executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. LAW OFFICES SNELBAKER. BRENNEMAN & SPARE ~~~~ ~~ ~-l` tc~L~,~.~J Notary Public 8Q{Q, VW+n1G+~w gas ww•"9 ~ ~~ MOY. 22.2003 -3-