Opinion ID: 1745408
Heading Depth: 1
Heading Rank: 4

Heading: marital settlement and separation agreement

Text: . . . . WHEREAS, the parties hereto desire to fully and finally settle all property rights, claims and interests of and between them, and make provisions regarding the disposition of their property and maintenance; NOW, THEREFORE, for valuable consideration, each received by the other and for mutual promises herein contained, it is agreed as follows: . . . . 2. DIVISION OF MARITAL PROPERTY: The parties hereto have, before the execution of this agreement, physically divided and taken into their respective personal possession substantially all personal property in which either party hereto has any interest and which is not hereinafter specifically referred to. Each party does hereby transfer and quit-claim unto the other party all of his or her interest in and to all of the personal property now in possession of the other party. It is understood and agreed that each of the parties shall retain all of the personal property that is in the possession of either of them as his or her sole and separate property, as the case may be. The parties make specific reference to the following division of personal property: (a) Husband hereby releases and quit-claims to the Wife all of his right, title and interest in and to the following: (1) All of Wife's clothing, jewelry and personal effects; (2) 1977 Ford Pickup Truck; (3) Real estate and marital home located at 103 Spring Street, Doe Run, Missouri, free of encumbrance; (4) All household furnishings, contents, furniture and personalty now located in the marital home. (b) Wife hereby releases and quit-claims to the Husband all of her right, title and interest in and to the following: (1) All of Husband's clothing, jewelry and personal effects; (2) 1984 Nissan Sentra, subject to note and security agreement in favor of Mercantile Bank of Farmington with monthly payments of $150.00 and with a principal balance of $5,100.00; (3) All personalty now in Husband's possession. (c) Each party shall herewith deliver to the other all property or documents evidencing ownership of property which, by the terms of this agreement, is to remain or become the property of the other. . . . . 7. NO MAINTENANCE: The parties agree, after examining all relevant factors, including the situation of the parties at the present time, and considering the extent of the marital properties divided hereunder, that no maintenance is to be paid by either party for the support of the other, recognizing that, by this provision, they each waive the right to return to court to request and receive maintenance in the future. . . . . 16. VOLUNTARY AGREEMENT AND INVESTIGATION AND DISCLOSURE: Each of the parties hereby affirms that they each are entering into this agreement freely and voluntarily; that they have ascertained and weighed all the facts and circumstances likely to influence his or her judgment herein; that they have given due consideration to such provisions in question; and that they clearly understand and assent to all of the provisions herein. The parties further warrant that they have each disclosed to the other the full extent of their respective properties and income, and each acknowledges that the other has made full disclosure thereof. Each party acknowledges that, in the negotiations and finalization of this agreement and acts and transactions referred to herein, each has made an independent investigation concerning the nature, extent and value of the real and personal property of the parties and that the provisions hereof are just, equitable and not unconscionable, and merit the approval and the confirmation of any court called to adjudge rights and relations. . . . . 19. EXECUTION: Each party hereto acknowledges that each of them is making this agreement of his or her own free will and volition, and acknowledges that no coercion, force, pressure or undue influence has been used against either party in the making of this agreement, either by the other party to this agreement or by any other person or persons. . . . . IN WITNESS WHEREOF, the parties hereto set their hands, having read and fully understanding the provisions hereto....