Gordon B. Cologne - Page 4




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               less.  If the sale of the residence is not consummated                 
               on or before September 1, 1994, the court shall have                   
               the jurisdiction to make further orders regarding                      
               occupancy and the payment of the mortgages, real                       
               property taxes, insurance, trash pickup, water,                        
               gardener and pool maintenance * * *.                                   
                    *      *      *      *      *      *      *                       
                    H.   The net proceeds of sale, * * * shall be held                
               in escrow and disbursed as follows:                                    
                         (1) Husband shall be paid a sum equal                        
                    to all payments made by him on or after                           
                    April 1, 1993, on * * * [certain charge,                          
                    credit card, and loan balances, except for                        
                    purchases made by petitioner after April 1,                       
                    1993];                                                            
                         (2) The Wife shall be paid a sum equal                       
                    to all payments made by her on or after                           
                    April 1, 1993, on * * * [certain charge,                          
                    credit card, and loan balances, except for                        
                    purchases made by Ms. Cologne after April 1,                      
                    1993].                                                            
                         (3) Any remaining balance due on the                         
                    obligations described in paragraphs (1) and                       
                    (2) above shall be paid in full.                                  
                         (4) Any balance remaining shall be paid                      
                    one-half to each party and Wife shall pay to                      
                    Husband from her one-half, her share of the                       
                    1993 income tax obligation as set forth in                        
                    Paragraph 16.                                                     
                    *      *      *      *      *      *      *                       
                    13. The real property in Blue River, Wisconsin,                   
               shall be disposed of according to the following terms:                 
                    A.   The parties shall continue to hold such                      
               property as joint tenants with right of survivorship.                  
               Either party may terminate the joint tenancy at any                    
               time.  At such time both parties shall make                            
               testamentary provisions so that the property will pass                 
               to the children of this marriage if a party should die                 
               prior to its sale.                                                     
                    *      *      *      *      *      *      *                       






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