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HomeMy WebLinkAbout0995 i medical expense for the minor child is not covered by such insur- ance, the parties shall each pay onehalf of such excess amount or deductible amount. 8. Possession of the marital residence located on the above described real property is hereby awarded to the Wife until she remarries or until the child of the parties reaches the age of eighteen years. Each party shal-1 bear equally all mortgage payments, ad valorem taxes, insurance and major maintenance payments and _ expenses, such major maintenance payments and expenses to be agreed upon between the parties or by Order of Court. - At the time the child of the parties attains the age of eighteen years, or the Wife remarries or voluntarily vacates.the marital residence, the subject property shall be sold for a reason- able price and the proceeds divided equally betwen the parties; pro- vided however, that if the Husband has not made such payment prior to that time, he shall pay to the Wife the sum of $5,000.00 plus interest as hereinabove set out in paragraph 4 in full satisfaction ~ of the lien on the property. In the event the Ausband has previously ; ~ satisfied that lien, this provision gertaining tothe payment thereof . shall be void. ~ 9. The parties having-testified that, to the best of their belief, certain tax shelters are owned as tenants by the entireties, the Darties therefore shall own said tax shelter assets as tenants in common. ~ 10. Al1 stocks and bonds owned by the Husband and Wife, jointly and severally, are hereby determined to be marital, property ~ and owned by the parties as tenants in common. The boat and equipment is determined to be marital property and shall be owned by the parties as tenants in common. The proceeds from the sale of any proper_ty set out in this paragraph shall be divided equally between the parties. ; , 3 . ~ LAW OFFICE ERROL S. WILLES PdGE ~7e7~ ~ P. o. aox ao~ FORT PIERCE. FLORIDA 33454 ' 80S - 401-0900 ~ _ _