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200100533
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Last modified
10/13/2011 11:38:19 PM
Creation date
10/20/2005 7:50:14 PM
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DEEDS
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200100533
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20010053 <br />3. Due to these changed circumstances the parties agree to <br />modify the decree to terminate the Respondent's alimony obligation. <br />The Respondent shall pay a lump sum representing the remaining 28 <br />months of alimony due under the Decree and any past due alimony <br />which may exist at this time. The Respondent's alimony obligation <br />shall then terminate. The Pet''. . !-nowledges that she will be <br />waiving any right to request alimony from the Respondent in the <br />future. <br />4. The parties further agree that the Respondent shall <br />relinquish all right, title and interest in the real estate located <br />at 606 South Alexandria, Cairo, Nebraska and legally described as <br />Lots Three (3), Four (4), and Five (5), Block One (1), Fifth <br />Addition to the Village of Cairo, Hall County, Nebraska. This real <br />estate shall be quieted in the Petitioner and she shall be entitled <br />to keep all proceeds from any future sale of said property. The <br />Petitioner shall assume responsibility for any debt currently <br />e>isting against said property and shall hold the Respondent free <br />and harmless from any liability for said debt. <br />S. The Petitioner shall relinquish all right, title and <br />interest in the businesses known as Cairo Bowl and Pepe's Lounge <br />and the real estate located at 316 S. High Street, Cairo, Nebraska <br />and legally described as Lots Nine (9) and Ten (10), Block Ten <br />(10), in the Original Town of Cairo, Hall County, Nebraska; and <br />Lots Eleven (11) and Twelve (12), in Block Ten (10), Original Town <br />of Cairo, Hall County, Nebraska, and a rectangular piece of land <br />being more particularly described as follows: Beginning at the <br />Southeast corner of Lot 12, Block 10, Original Town of Cairo, Hall <br />County, Nebraska, thence running South 3 feet; thence West parallel <br />to the South line of said Lot 12 a distance of 140 feet; thence <br />North 3 feet; thence East along the South line of said Lot 12, 140 <br />feet to the point of beginning. This business and real estate shall <br />be quieted in the Respondent and he shall be entitled to keep all <br />proceeds from any future sale -f said business and real estate. <br />The Respondent shall have the notes evidencing the debt against the <br />business re- written in his name alone, secured by the above <br />business and real estate alone, and shall assume responsibility for <br />said debt and hold the Petitioner free and harmless from any <br />liability for said debt. <br />6. Both parties believe this agreement to be fair and <br />equitable and in their individual best interests and agree to sign <br />any documents, titles, or deeds necessary to effectuate the terms <br />of this agreement. <br />7. Both parties have had an opportunity to consult with <br />legal counsel regarding the teril- '- ",.is agreement and enter into <br />the agreement freely and voluntarily. <br />
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