- 3 - 2. * * * [Toni Sarchett] shall pay to * * * [Jon Sarchett] the sum of twenty-five thousand * * * dollars on or before June 30, 2004; 3. * * * [Toni Sarchett] shall pay to * * * [Jon Sarchett] the sum of twenty-five thousand * * * dollars on or before September 30, 2004; 4. * * * [Toni Sarchett] shall pay to * * * [Jon Sarchett] the sum of twenty-five thousand * * * dollars on or before December 31, 2004; and 5. * * * [Toni Sarchett] shall pay to * * * [Jon Sarchett] the sum of twenty-five thousand * * * dollars on or before March 31, 2005. In a separate section dealing with spousal support, petitioner was ordered to pay to her former husband the sum of $4,000 per month “continuing until death of either party, remarriage of the supported party, or further order of Court.” Payment of the spousal support was to be suspended “for so long as * * * [Toni Sarchett] is in full compliance with the equalization payment schedule set forth above in paragraph II.” The agreement further provided that, in the event of default in any of the equalization payments, the spousal support arrears would become due and payable from April 1, 2004, through the date of default, and the monthly spousal support payments would be reinstated and continue until the death of either party, remarriage of Jon Sarchett, or further order of Court. During 2004, petitioner made spousal support payments to her former spouse totaling $18,000. Petitioner also made four equalization payments totaling $200,000, consisting of fourPage: Previous 1 2 3 4 5 6 NextLast modified: November 10, 2007