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2. Lump Sum Alimony. Having regard for their
circumstances including, but not limited to, (a) the
needs of the Wife for support, (b) the ability of the
Husband to pay this support, the parties agree that in
full and final settlement and satisfaction of any and
all claims and rights of the Wife for support,
maintenance, the Husband will pay to the Wife as non-
modifiable lump sum alimony the lump sum of $7,260.00
payable in eleven (11) monthly installments of $660.00
per month until the sum is paid in full. These Lump
Sum Alimony payments shall commence on October 1, 1999
and continue on the 1st of each and every month
thereafter until paid in full. The Husband further
agrees that upon the refinancing of the marital
residence he will make an additional lump sum alimony
payment of $20,000.00 to the Wife.
* * * * * * *
4. Health Insurance. The Husband agrees to
continue to pay the Wife’s health insurance premium
until August 1, 2000. Should the premium increase
above the current rate of $133.00 per month, then the
Wife agrees to be responsible for the amount of such
increase.
5. Debts and Obligations. * * * The Husband
further agrees to be responsible for the SBA loan which
is in the Wife’s name until September 1, 2000. The
Husband shall make all regular payments on the SBA loan
until September 1, 2000. * * *
* * * * * * *
7. Automobiles. * * * The parties agree that
the Wife shall retain the 1997 Toyota Camary. The
parties agree that the Husband shall continue to make
the monthly lease payments until and including August,
2000. The Wife shall be responsible for all other
expenses in relation to such automobile, and shall
assume responsibility for any and all lease payments or
fees commencing September 1, 2000.
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Last modified: May 25, 2011