- 5 - C. Both parties shall have the right of use and possession of the residence. In case of a conflict, Wife shall have the first right to any two-week period she chooses upon providing Husband thirty days' advance written notice. * * * * * * * E. Wife shall pay on a current basis, without the right to reimbursement, principal and interest payment on the note secured by the first deed of trust. Husband shall pay on a current basis, without the right to reimbursement, real property taxes on the residence, fire and liability insurance for the residence, utilities, maintenance and repairs. All income received on account of the property shall be applied to the obligation owed to W. Southard and any remaining balance shall be paid one-half by each party. Any earnings remaining after payment to W. Southard shall be divided equally between the parties. * * * * * * * 15. The Husband's interest in the Judge's Retirement Plan and in the Legislator's Retirement Plan shall be divided equally between the parties. * * * Pending each plan's direct payment of benefits to Wife, Husband shall allow the Wife to receive for deposit in a joint account the entire retirement benefits in lieu of the division of these benefits and the spousal support as provided in paragraph 34 of this agreement. She may withdraw all such sums for her personal use as an assignment in satisfaction of spousal support. * * * * * * * 16. The parties shall file joint federal and state tax returns for the calendar year ending 1993. * * * Any tax liability due and unpaid upon the filing of the tax return shall be paid by the Husband, and the Wife shall reimburse the Husband her share of the tax based on the net income (retirement income actually received) received by her during the year. * * * * * * * * * *Page: Previous 1 2 3 4 5 6 7 8 9 10 11 Next
Last modified: May 25, 2011