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88102198
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1988
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88102198
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Last modified
3/9/2007 5:41:16 PM
Creation date
3/9/2007 4:33:59 AM
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DEEDS
Inst Number
88102198
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<br />__...l\1\1I60GDOIlal <br /> <br />'. <br /> <br />I <br /> <br />,.. . <br />'t' <br />\ <br /> <br />88~ 102198 <br /> <br />-3- <br /> <br />The parties further stipulated that the Personal Repre- <br />sentative will . then proceed to sell the 320-acre tract of land <br />described above as soon as commercially reasonable. .Upon sale <br />of the land, the Personal Representative shall p~y from the <br />sale proceeds, all of the estate expenses, less those expenses of <br />real estate taxes and, the Prudential Mortqaqe on the 81-acre tract <br />which shall , be paid by Claimants i and the Personal Represent- <br />ative shall then distribute the net balance of the sale pro- <br /> <br />ceeds as follows: <br /> <br />A. One-fourth (1/4) to Wilma Belanqiei <br />B. One-fourth (1/4) to Mary Thompson; <br />c. One-fourth (1/4) to Robert Mettenbrinki <br />D. One-eighth (1/8) to Kelly Ann Emery i and, <br />E. One-eighth (1/8) to Joseph c. Emery; <br />provided, that Claimants, Robert Mettenbrink and May Mettenbrink <br /> <br />aqree to guarantee to Wilma Belanqie and Mary Thompson, each, <br /> <br />the sum of Twenty-Five Thousand Dollars ($25,000.00) net distri- <br />bution and aqree to quarantee to Kelly Ann Emery and JosephC. <br />Emery the sum of Twelve Thousand Five Hundred Dollars ($12,500.00) <br /> <br />each as net distribution. <br /> <br />If the above guaranteed sums are not paid within ten <br />(10) days of the sale date of the 320-acre tract, the Personal <br />Representative and the Claimants agree to sell the entire <br />right, title, and interest of all of the parties in the 81- <br />acre tract of land and pay from the sale proceeds the real <br />estate taxes and Prudential Mortqage: and the net sale proceeds <br />
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