Fill and Sign the State Quotfirst Party or Wifequot and Name of Form

- 1 - POSTNUPTIAL AGREEMENT READ BEFORE SIGNING: IMPORTANT NOTICE: EACH PARTY TO THIS AGREEMENT AGREES THAT THEY HAVE HAD AN OPPORTUNITY TO CONSULT WITH AN ATTORNEY OF THEIR CHOICE LICENSED TO PRACTICE LAW IN THEIR STATE OF RESIDENCE (NOT THE SAME ATTORNEY) AND THAT THEY HAVE FULLY READ, UNDERSTAND AND AGREE TO THE TERMS OF THIS AGREEMENT. EACH PARTY FURTHER AGREES THAT THEY ARE NOT ACTING UNDER DURESS OR UNDUE INFLUENCE IN EXECUTING THIS AGREEMENT AND THAT EXECUTION OF SAME IS DONE FREELY AND VOLUNTARILY. THIS AGREEMENT, made this ____ day of ________________, 2_ ___, between ___________________________ (Name), of ______________________________ (Address), _____________ (State) ("first party or Wife"), and _____________________ (Name), of ____________________________ (Address), _____________ (State) ("second party or Husband"), W I T N E S S E T H WHEREAS, Wife and Husband are now married, having been married on the _ day of _______ , 2 , in _______ County, _________ ; WHEREAS, the parties now desire to enter into this agreement to clarify and establish their respective and collective rights, titles and interests in the separate and joint property of the parties, in the event of divorce, death or other circumstances that would serve to terminate their marriage, but without the present intent of either party to obtain a divorce or a legal separation; and WHEREAS, by execution of this agreement, the parties warrant and represent that they have fully disclosed their financial status, including all assets, liabilities, and income, as listed in the financial statement disclosures, attached as Exhibits A and B; and WHEREAS, the parties agree that this agreement is to be effective upon execution in accordance with the applicable laws of the State of North Carolina; and NOW, THEREFORE, in consideration of the mutual promises, covenants, warranties and other benefits and advantages accruing to each party, the parties agree as set forth above and below as follows: SECTION 1 SEPARATE PROPERTY Each of the parties shall retain full control of his or her own separate property, real, personal and mixed owned at the time of execution of this agreement and described in Exhibits A and B, wherever the property is located. By the terms of this agreement, each party hereby waives and relinquishes all claim to the separate property of th
Person or persons of the other or any third party not legally entitled to the separate property. Upon the execution of this agreement, the parties will immediately give up all right to any joint or joint and several interest in any of their separate property or in any other property owned at the time of the dissolution of marriage. The provisions of this section shall be effective upon the signature on a blank check or order for the transfer of any and all properties and receipts belonging to or in the name of each party and to each of such party's respective heirs, executors, administrators or legatees, and upon the execution of this agreement upon the transfer and delivery of any and all property to be the subject of this agreement or any property to be sold or otherwise transferred pursuant to this agreement and the delivery of any and all receipts in respect of any property to be the subject of this agreement. Upon and after the execution of this agreement, each of the parties will also deliver to the other party all interests, certificates, shares, interest rates, receipts and other property or receipts held by the other party or any heir, executor, administrator or legatee of the other that is separate and separate from the separate property as described in the exhibits attached hereto and as is otherwise required by law or by these terms of agreement. This section does not limit the rights of a creditor pursuant to a bankruptcy estate, to the extent permitted by law or by these terms of agreement. By entering into this agreement, each party represents, warrants and covenants that he or she is in possession of and has the authority to execute his or her own release and surrender and to execute a valid will in the event of dissolution or of the death of either of them and to disclaim any claim to the separate property of one of them, or to disclaim any interest in any property in question. All mortgages, mortgages or liens of or against the separate property shall be severed from the property, as soon as can be, and any and all claims against the separate property as described in exhibit a. B. Each of the parties hereto, and each of them has executed and delivered a valid will in his or her own name and that is made out in the presence of an attorney of his or her choice licensed to practice law in his or her county of residence. As a result of the execution of this agreement, the parties will immediately and completely release from all mortgage debts, liens and other claims from any and all creditors, either directly or via the courts of law, of the separate property,