200409606 - Laserfiche WebLink

Browse

200409606 any changes in such information between the date of the entry of this Decree and the final payment of alimony entered under this Decree. Failure to comply with the provisions of this order shall be punishable by contempt of Court. 5. That the Respondent is awarded the real property located at 4503 Quail Lane, Grand Island, Nebraska, legally described as follows: LOT 23, EAGLE LAKE ESTATES SUBDIVISION, HALL COUNTY, NEBRASKA subject to any encumbrance thereon. 6. That the bank accounts, retirement plans, life insurance, annuities and C.D.'s currently titled in the name of each of the parties is quieted in the respective party. 7. The Respondent is ordered to pay the two (2) mortgage debts and the MasterCard bill and hold the Petitioner harmless therefrom. 8. Each party shall pay their own debts incurred since the date of separation, that date being June 26, 1996. 9. As an additional property settlement, the Petitioner shall have judgment against the Respondent in the amount of One Hundred Thousand Dollars ($100,000.00) which shall be at no interest if paid on or before December 1, 1996. 10. The Respondent is to pay non - modifiable .lump sum alimony of One Hundred Twenty Thousand Dollars ($120,000.00), payable one -half on or before December 31, 1996, and one -half on or before January 31, 1997. 11. To satisfy, in part, the alimony and property settlement payments, the Respondent may transfer to the Petitioner an annuity with Aetna, No. 5064225080812DO worth approximately $160,000.00; any income tax consequences to the Petitioner over and above the tax consequences to the Petitioner on the $120,000.00 alimony payment will be paid by Respondent; the parties may submit a Qualified Domestic Relations Order to effect the transfer of the annuity from It