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Eldorado to which she was entitled under Paragraph 12. Pursuant to
his option under Paragraph 12, and reserving the trade-in value to
himself (subject to petitioner's obligation to relinquish the
vehicle upon her death or remarriage), Mr. Rangos titled Vehicle
No. 1 in petitioner's name. The total price of this vehicle
(including taxes, license, title, fees, and optional equipment) was
$32,733.04. On July 22, 1991, Mr. Rangos paid Cochran Cadillac
$32,733.04 by personal check.
Petitioner insured Vehicle No. 1 with Standard Fire Insurance
Co. and paid all insurance premiums on the automobile; Mr. Rangos
was named loss payee. Petitioner paid all the operating and
maintenance costs of Vehicle No. 1.
In November 1991, Mr. Rangos sold to a third party the
automobile provided to petitioner in 1988 under Paragraph 12 and
kept the proceeds.
Petitioner retained Vehicle No. 1 until approximately February
18, 1994, when pursuant to Paragraph 12 Mr. Rangos provided her
with a new Cadillac DeVille (Vehicle No. 2), which she personally
selected. Mr. Rangos titled the car in petitioner's name. The
total price of this automobile (including taxes, license, title,
fees, and optional equipment) was $36,350.60. In accordance with
Paragraph 12, Vehicle No. 1 was traded in for Vehicle No. 2. The
trade-in value of Vehicle No. 1 was $14,750. On February 16, 1994,
Mr. Rangos wrote a $21,600.97 check to petitioner; she endorsed it
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