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the support and maintenance of the wife in the sum of
Fifty Thousand Dollars ($50,000.00) per year for a
period of five (5) years, commencing on February 1,
1996, and continuing to be payable on February 1, 1997,
on February 1, 1998, on February 1, 1999 and on
February 1, 2000. This portion of the alimony to be
paid by the husband shall not terminate upon either the
death of the husband or the remarriage of the wife.
These alimony payments are due on the first day of
February each year as set forth above and if not paid
shall bear interest at the then current judgment rate
as prescribed by the Nebraska Supreme Court.
Other articles of the marital settlement discussed property
rights and other marriage dissolution matters. Article 5
required petitioner to make monthly child support payments.
Article 7 provided for the division of certain real estate
between petitioner and Ms. Springer. Articles 8 through 13
addressed the division of motor vehicles, bank accounts, business
interests, retirement benefits, household items and personal
effects, and life insurance, investments, and retirement plans.
Article 14 stated that petitioner would be entitled to claim
dependency exemptions for his and Ms. Springer’s children. Under
article 15, petitioner assumed responsibility for various debts
and liabilities incurred by him and Ms. Springer during the
course of their marriage. Finally, article 16, entitled
“ADDITIONAL PROPERTY DIVISION”, stated:
The wife shall be awarded an additional
$143,000.00, payable on or before February 1, 1995, and
$50,000.00 plus 6% interest from date of decree to be
paid on February 1, 2001, as additional property to
equalize property distribution. Husband shall have the
right to pay the interest annually or totally with the
2001 payment.
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Last modified: May 25, 2011