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2

23,

2006.

Plez1

had

worked

as

a

mortgage

broker

for

most

of

that

time.

Lynn

had

been

employed

as

a

teacher.

{¶ 3} The decree of divorce incorporated the terms of the

parties’ Separation Agreement with respect to their assets and

liabilities.

Section

2.1

of

the

Separation

Agreement

provides:

{¶ 4}

“REAL

PROPERTY

INTEREST:

The

parties

own

real

estate

located

at

9788

Lake

Shore

Drive

in

Huntsville,

Ohio.

Upon

the

release of the defendant from liability for all joint debts listed

below, and the payment to the defendant of $8,000 Dollars, Wife

shall by quit claim deed convey her entire interest in said property

to

Husband.

In

consideration

of

the

property

division

set

forth

in this agreement, Husband shall assume and pay the following

individual and joint debts and agrees to indemnify and hold Wife

harmless on said debts; Husband also agrees to pay the eight

thousand dollars and settle the joint debts within 45 days after

the execution of this agreement.”

{¶ 5} The further provisions of Section 2.1 identify eight

specific

joint

debts

Plez

agreed

to

assume

and

pay.

Also

identified therein as an obligation Plez agreed to assume and pay

is “$8,000 payable to wife to reimburse her for the original

down-payment for the lake-house land,” which is the real property

1 For clarity and convenience, the parties are identified by their first names.

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