- 4 - 4. JOHN RUSSELL OKERSON shall pay to BARBARA BUHR OKERSON One Hundred Seventeen Thousand ($117,000) Dollars as alimony necessary for her support as follows: Six Hundred Fifty ($650.00) Dollars per month for twenty-one (21) months beginning September, 1994 through May, 1996; One Thousand Two Hundred Fifty ($1,250.00) Dollars per month for three months beginning June, 1996, through August, 1996; One Thousand Six Hundred ($1,600.00) Dollars per month for a period of thirty-six (36) months beginning September, 1996, through August, 1999; One Thousand Fifty ($1,050.00) Dollars per month for a period of thirty- six (36) months beginning September, 1999, through August, 2002; and Two Hundred Fifty ($250.00) Dollars per month for a period of sixteen months beginning September, 2002, through December, 2003; and the final payment of Two Hundred ($200.00) Dollars to be made in January, 2004. Said payments shall be payable in two equal monthly payments on the 16th and 30th day of each month. Said alimony shall terminate upon the death but not the remarriage of either JOHN RUSSELL OKERSON or BARBARA BUHR OKERSON and shall be modifiable only upon the showing of a substantial change in circumstances which was not contemplated by this Court at the time of the trial as set forth in the premises hereinabove. 5. In the event that BARBARA BUHR OKERSON should die before JOHN RUSSELL OKERSON has satisfied his alimony obligation under this agreement, JOHN RUSSELL OKERSON agrees to make payments in an amount equal to his remaining alimony obligation for or on behalf of the education of the parties’ two children for a period no longer than the period originally scheduled for the alimony payments or until the children have completed four years of undergraduate collegiate work, whichever occurs first. In the event that a child does not pursue her college education after BARBARA BUHR OKERSON’s demise then JOHN RUSSELL OKERSON’s agreement for continuing support payments to that child equal to half of the remaining alimony payments shall cease. 6. JOHN RUSSELL OKERSON shall pay to Larry Rice, Attorney, as alimony necessary for BARBARA BUHR OKERSON’s support, the sum of Twelve Thousand Four Hundred Forty ($12,440.00) Dollars. Five Thousand ($5,000.00) Dollars of said funds shall be paid to Larry Rice within sixty (60) days of September 7, 1994, and the remaining Seven Thousand Four Hundred FortyPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Next
Last modified: May 25, 2011