Indemnity Agreement

SEPARATION AND PROPERTY SETTLEMENT AGREEMENT

WHEREAS, , herein after referred to as "Wife", and , herein after referred to as "Husband", are now married; and

WHEREAS, the parties were separated on or about in County, Mississippi and since that date have been living separate and apart; and

WHEREAS, the parties are separated and now living separate and apart and desire to make a mutually acceptable settlement of their rights, liabilities, obligations and property rights arising out of and during the course of their marital relationship. No reconciliation is contemplated.

NOW THEREFORE, FOR AND IN CONSIDERATION OF the mutual benefits and advantages accruing to each party, the undersigned do hereby solemnly covenant, agree and contract as follows:

1. PROPERTY SETTLEMENT: Husband and Wife are in possession of all personal property belonging to each, and neither makes any claim to any personal property in the possession of the other, except as stated below.

Husband and Wife shall be responsible for their own debts and have Agreed which joint debts shall be paid by each.

Husband and Wife agree that all conveyances, payments of debts, and other property transfers or settlements, are intended as property settlement between the parties hereto, and not as alimony or maintenance, neither party being granted such alimony or maintenance.

2. LEGAL REPRESENTATION DISCLOSURE: Each party agrees that has only represented the Wife in the negotiation and preparation of this document, and regarding any divorce proceeding, and that Husband has consulted, or had opportunity to consult, with any attorney of his choice. Each agrees to pay their respective attorneys for his or her services.

3. FURTHER DOCUMENTS: Each party agrees that he or she will sign and execute any further or additional documents as may be necessary to put into effect the intended purposes hereof.

4. ENTIRE AGREEMENT: This Agreement constitutes the entire agreement between the parties and each part acknowledges that there are no further agreements not expressly included herein and that this agreement may be modified, altered, or amended only in writing, duly signed and notarized by each in the form of this original.

5. FULLY READ AND UNDERSTAND: Each party represents and acknowledges that he or she has fully read this agreement, consulted with each other, carefully considered same, and have signed and executed same after such consultation, and after consulting with their respective attorneys, that the signing of this agreement is free and voluntary without force or collusion by either party or any third party, and that each party signed same with the full knowledge of said parties rights, obligations, and responsibilities.

6. MODIFICATION: This agreement shall estop and preclude either party from making other or further demands and claims upon the other, not included herein, except that such legal action may be taken by either party as is necessary to enforce or modify the terms and provisions hereof, except that the Property Settlement provision shall not be subject to modification.

7. SUBSEQUENT DIVORCE: It is agreed and understood that this Agreement finally settles all rights of the parties and the property jointly or individually owned by the parties, and that this Agreement and the enforceability thereof is not contingent upon either party or both parties being granted a divorce on any grounds. However, if either or both parties are granted a divorce on any grounds, the parties agree that this Agreement shall be made a part thereof and that such decree or judgment shall not conflict with the terms hereof.

8. CONTROLLING LAW: This agreement shall be governed, enforced and interpreted according to the laws of the State of Mississippi.

9. EFFECTIVE DATE: This agreement shall not be enforceable until duly executed by both Husband and Wife.

10. WAIVER OF INHERITANCE RIGHTS: Upon execution of this agreement, Wife and Husband waive any and all rights she or he may have had to share in the estate of the other whether according to interstate laws or devise or bequeath.

11. HEIRS AND ASSIGNS: This agreement shall be bind upon the heirs, administrators, estate and assigns of the parties.

STATE OF MISSISSIPPI

COUNTY OF

PERSONALLY appeared before me, the undersigned authority in and for the county and state aforesaid, the with name , who, being by me first duly sworn, states on her oath that the matters and facts set forth in the above and foregoing Separation and Property Settlement Agreement are true and correct as therein stated and that she signed and delivered the aforesaid Separation and Property Settlement Agreement on the

GIVEN UNDER MY HAND AND OFFICIAL SEAL, this the

MY COMMISSION EXPIRES:

STATE OF MISSISSIPPI

COUNTY OF

PERSONALLY appeared before me, the undersigned authority in and for the county and state aforesaid, the within named who, being by me first duly sworn, states on his oath that the matters and facts set forth in the above and foregoing Separation and Child Custody and Property Settlement Agreement are true and correct as therein stated and that he signed and delivered the aforesaid Separation and Property Settlement Agreement on the

GIVEN UNDER MY HAND AND OFFICIAL SEAL, this the

MY COMMISSION EXPIRES: