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8. Each party acknowledges that each has executed and exchanged
the Quit-Claim Deeds called for in the earlier Agreement.
Upon presentation to the Husband of a special power of attorney
for transfer of the 1973 Yolkswagon, the Nusband will execute that Power of Attorney
transferring to the Wife all of his right, title and interest in said Yolkswagon to
the Wife subject only to the previously existing outstanding debt. The Husband
and the Wife shall cooperate to the best of their ability to have the title trans-
ferred into the sole name of the Wife at the earliest practicable time with the
understanding that the Husband shall continue to be obligated to satisfy the outstandin-
debt upon its prior terms and conditions. .
Attached to this Agreement, from Bethpage Federal Credit Union,
is a statement showing the current loan pay-off balance.
Should the Wife at any time in the future, prior to the satisfaction
of the debt in the normal course of business desire to sell tfie Yolkswagon, the proceeds
from the sale of the car shall first be applied to the outstanding Bethpage Federal
Credit Union balance applicable to said vehicle, the balance of any such sale proceeds
being the sole property of the Wife. Should such a sale result, the Husband will
cooperate with the Wife to the best of his ability to facilitate the loan pay-off _
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and technical paper work to facilitate the release of the title to the third party.
9. All pending Motions, Writs and Petitions are hereby .dismissed.
~ ~ 10. Each party shall bear their own costs and attorney's fees.
11. In the s irit of ood faith in which this Joint Sti ulation
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is entered into each party hereby fully releases the other against all claims arising c
prior to the date of this Joint Stipulation.
12. The parties jointly represent:
a. That each has had independent legal advice or had the
opportunity to obtain independent legal advice from an attorney of his or her own .
selection in the negotiation of this Joint Stipulation and each party has been ful`r
informed by counsel or had the opportunity to be fully informed by counsel as to
his or her legal rights and obligations. Each party is signing this Joint Stipulation
freely and voluntarily, intending to be bound by it.
b. Neither party has made any representations, promises or
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warranties to the other except as set forth in this Agreement and each party represents
to the other. that this Joint Stipulation is an expression of their individual intents.
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