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<br /> � " � .,'���'"� � 2. 1lannitanls, es of the date hereof, ae�ign to graa�ors all `--
<br /> - ----,_
<br /> � "� �� � .� ����� the balaaaes in all eavings aaaounts they have and certifiaate• of
<br /> ; deposit they now own and to add graator� to acaonnt� and acaount _____
<br />�� ° � eignatur� aazdr to faailitata er.d effectunte euah assignment, ouch °-= -
<br /> f� , � balanaea to be u�ed in the disaretion of grsntor� to nwet the
<br />'�?•i�, �' obligations and costs of aare incurred by tham as a result of the =
<br /> . �, , , , ° �._,.�'�. combined livinq arranqement aontemplated and to reimburse graatos� -- -
<br /> � � for amounts paid hereunder from their own funds or from amounts _- __
<br /> .. �� borrowed by them to meet the medioal and liviag co��a of or =-___- -- -
<br /> . � � �, allocable to anauitsiats.
<br /> '°A.,'� � � 3. 1►annitants further aasign to gr�ntora the reimbursement
<br /> . paymenta m+�de by Medicare aad a�her a�ediaal and aaaident insuranae -- r
<br /> � .�-�',` �'� ' � carriere and to arrange to have their sooial security inaome 3-.r.
<br /> ' � .. . deposited in a joiat account af graators or either of them, all of ��=°
<br /> �'� which shal l be ueed to reimburae grantors for any advanaes paid ' ;�
<br /> _ �.:F-.n�� .' �rom their o�m funde or funds borrowed by them or to pay direatly �,��:�
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<br /> ��, .. ,. • tho mediaAl aad livinq expenaea of aanaitaat�. __ _ _
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<br /> 4. In aonsideration of such agreements, transfers aad ��+��:
<br /> ' �• ` ��'���:� � '� aseignmenta, grantors hereby aqree to pay an l�ehelf of anauitants �;�=-
<br /> ..,;;:�;�.
<br /> '�� �;� � all "rent", utilities and other housing costa, �nd all
<br /> ;'.� :� � � transportation, Medicare and ather medical iaeuraACe premiume,
<br /> .-.._... . - �
<br /> food, clothinq and cther livinq expenae� and uncovered medical ---- -
<br /> :,•► .� • .. � aosts and to provide a monthly cash allowance cf not leoe than $35 =r�Y,
<br /> for eaah of annuitanta. It is contemplated that monthly auah costs ���"�''r`--=-�-
<br /> will equal or excesd $1,500 in additioa to social security income � � �° �'�;
<br /> aaticipeted in the combined amount of approximately $1,200. Suah ° ' �
<br /> • support ehall continue for eo long as aunuitants coatfaue to reeide �t
<br /> " with graator� and are a►ble to mana e their dail live• in ssfet � '� '.t. , ' �
<br /> 9 Y Y
<br /> � and without constant euperviaion or continuing nur4inq aupport or ��.,;;;�;
<br /> , l until the dQath of either of them, whichaver oacurs firat. ' �_._
<br /> .. ��'r. .,.___--
<br /> � 5. I f and when annuitants are no longer able to manage th�ir :,..�,_,.�,,,:;;.'-
<br /> � dailp liv�s in safety and without constant supervi�ioa or � •• •,� �--
<br /> . cantinuing nursinq support, qraatora agree to aasist them with the � �,-_;�;�__
<br /> location and their placement in a care facility auitable to thoir - � :_:_
<br /> then-exiati.ng needs aed in completinq wha�tever assignment might be i J� �
<br /> �� , required of their sxinl sscurity benefits. In tho event of suah i
<br /> inability, grantors obliqations hereunder shnll cease and be �
<br /> limited to the payment of $3,000 toward the funeral expeaaes f each .-�-
<br /> , „ of sanuitants. � - :°'�''-
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<br /> . � , 6. If either of aanuitatnts should die while still residinq L � �. -
<br /> with graator�, gsaators' responsibility hereunder shnll be limited ' ••
<br /> . to the sane extent specified in paragraph 5 above, i.e. aseistance !
<br /> in placement in a care facility and S3,000 towards funeral expenses �
<br /> of eaah of aaauitaats.
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