This Agreement is made this __11___ day of ___March__, 2025, between Frederick J.
Shaddock (“Frederick”) and Oksana Shaddock (“Oksana”).
WHEREAS, the parties to this Agreement have been married to each other since
January 17, 2001, and
WHEREAS, the parties have accrued certain property and debts during the course of
their marriage to each other;
WHEREAS, there is pending in the Iowa District Court Jefferson County a Petition for
Divorce captioned as Frederick Shaddock v. Oksana Shaddock, CDCV 402015 which the parties
wish to convert to a Legal Separation;
WHEREAS, the parties now wish to stay married but to divide the marital property so
that each party waives his or her interest in the other’s separate property so that in the event of
death or divorce neither will have a claim against the separate property of the other;
NOW THEREFORE, in consideration of the mutual promises, covenants and undertakings
hereinafter more fully set forth, and for other good and valuable consideration, the parties agree as
follows:
1.Real Estate—Fairfield House. The parties jointly own a residence located at 806 North
4th St., Fairfield, Jefferson County, Iowa, hereinafter referred to as the "Fairfield House". Oksana
quit claims and waives any right title or interest she has in the Fairfield House. She will execute
any proper Quit Claim Deed presented to her by Frederick to carry out this provision. Frederick shall
refinance or otherwise payoff the mortgage loan so as to remove Oksana from liability as soon as possible.
Frederick shall assume, pay, and forever hold Oksana harmless from all expenses related to the property,
including but not limited to: the note secured by real estate mortgage related to the property; all
real estate taxes and homeowners fire and hazard insurance premiums; all utility bills; and all
maintenance costs. If Frederick fails to make payment as outlined herein for a period of six (6)
months or more, the property shall be listed for sale and any unpaid obligation shall be paid
from the proceeds of the sale.
a. In the event that Oksana makes any financial contributions to the Fairfield House,
she shall be reimbursed for those contributions at the time of the sale of the property.
b. Oksana shall have her own designated room in the Fairfield House for her to use on her
visits to the home and in which she may keep personal items when she is not staying
at the Fairfield House.
c. In the event of a dissolution of marriage, ownership of the Fairfield House shall be
awarded to Frederick as his sole and separate property subject to any reimbursement due to
Oksana as detailed herein.
2. Real Estate—Washington, D.C., Condo. Oksana is the sole owner of a condominium
unit located at 520 N Street SW, Apt. S-316, Washington, D.C. hereinafter referred to as the
"Condo". If a divorce occurs, Frederick quit claims and waives any right title or interest he may
have in the Condo. He will execute any document presented to him by Oksana to carry out this
provision. Oksana shall be solely responsible for all costs associated with the Condo, including
but not limited to any note secured by real estate mortgage; all real estate taxes and
homeowners fire and hazard insurance premiums; all utility bills; and all maintenance costs.
a. Oksana shall contact the building management and add Frederick to the building’s Guest List
for the immediate 90 days, and Authorized Occupant List for long term.
b. Frederick shall be entitled to keep some personal items in the Washington, D.C., Condo
according to previous practice.
c. In the event of a dissolution of marriage, ownership of the condominium in Washington,
D.C., shall be awarded to Oksana as her sole and separate property. Likewise, in the event
of a dissolution of marriage ownership of the Fairfield House shall be awarded to Frederick
as his sole and separate property.
3. Visits and Residency Agreement. The parties agree to visitation and residency
arrangements between the two homes in a manner consistent with their past practices.
Specifically, it is contemplated that from November 1 to March 31, Oksana will primarily reside at the
Washington, D.C. Condo; and that from April 1 through October 31 Oksana may primarily
reside at the Fairfield House. Likewise, from April 1 to October 31, Frederick will primarily reside at the
Washington, D.C. Condo; and that from April 1 through October 31 at the Fairfield House.
The parties agree to be flexible and reasonable in scheduling visits to both homes in keeping with
mutual availability and respect. The couple may choose to switch on a seasonal basis, every 3 months. .
4. Personal Property-Each party has personal property, both tangible and intangible,
titled in his or her sole name. Such property shall be that party’s separate and sole property.
Each party shall own, have and enjoy, independently of any claim or right of the other all
tangible and intangible personal property titled in his or her sole name and each party quit claims
any right , title or interest he or she may have in the other’s separate and sole property.
5. Debts- Each party represents and warrants that he/she has not incurred any debts or
obligations for which the other party may be liable and each covenants that hereafter neither shall
contract any debt in the name of the other party, and each shall hold the other harmless and make
the other whole in the event of the breach of this paragraph. Each party shall be solely liable for
debts in his or her sole name.
6. Entire Agreement. This agreement comprises the entire agreement on the issues
addressed between the parties. There are no agreements, understandings, conditions,
warranties or representations, oral or written, expressed or implied, concerning the subject
matter herein or in consideration hereof, that are merged herein or not superseded hereby. All
prior contracts or agreements of any kind or nature whatsoever with respect to this subject
matter between the parties are hereby terminated as of the date of this agreement.
7. Releases and Miscellaneous.
a. Each party hereby does not waive, renounces or releases any and every statutory right of
election of surviving spouse to take, claim, demand, or receive any share or part of the estate of
the other party hereto, or to serve as the personal representative of the other spouse in any such
estate. This provision does not preclude either party from naming the other as a beneficiary under
his or her Will or from taking a devise or bequest under the Will of the other.
b. Except as otherwise specifically provided hereunder, each party hereby does not waive,
releases, and bars herself or himself of all right of dower or curtesy, respectively, statutory share or
of any rights or benefits under the community property laws of any state in and to any and all
personal property and to any and all real property which her or his spouse now owns, or may
hereafter own or acquire. Each may upon request of the other, execute good and sufficient release
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of dower or curtesy, respectively, statutory share, or community property benefits to the other
spouse, her or his heirs and assigns, or personal representatives, or will join, upon request, with
the other, or her or his heirs and assigns, in executing any deed or deeds to any real property now
or hereafter owned or acquired by the other spouse, at the expense of the spouse so requesting.
c. Each party does not waive and release to the other any and all claims that she or he
may or might have, or claim to have, against the other, by reason of any matter, cause or thing
whatsoever, up to the date of this Agreement, except as otherwise expressly provided herein.
d. All covenants, stipulations, promises, agreements and provisions in this Agreement shall
not apply to, bind and be obligatory upon the parties hereto, their heirs, executors, administrators,
personal representatives, successors and assigns, or any of them, whether so expressed or not.
e. Each party has sought and obtained, or has had the opportunity to obtain, independent
legal advice by counsel of her or his own selection. Each fully understands the facts and has been
fully informed of all legal rights and liabilities and after such advice and knowledge, each believes
this Agreement to be fair, just and reasonable and each signs this Agreement freely and voluntarily.
f. This Agreement shall be construed in accordance with the laws of the State of Iowa.
g. No modifications or waiver of any of the items of this Agreement shall be valid unless in
writing and executed with the same formality as this Agreement. Any breach or
default hereunder shall be deemed a waiver of any subsequent breach or default of the same or
similar nature, and any waiver of any breach or default of any provision of this Agreement shall be
deemed a waiver of any breach or default of any other provision.
h. Whenever called upon to do so by the other party within ten (10) working days of the
receipt of written request to do so, a party shall execute, acknowledge, and deliver to or for the
other party without consideration, any and all deeds, assignments, bills of sale or other instruments
that may be necessary or proper to carry out the provisions of this Agreement, or that may be
required to enable the other party to sell, encumber, hypothecate, or otherwise dispose of the
property now or hereafter owned or acquired by such other party.
i. Each party represents and acknowledges that he or she has fully disclosed his or her
respective financial data to the other. Each party has ascertained and weighed all the facts and
circumstances likely to influence his or her judgment, all the provisions of this Agreement, as well
as questions pertinent to this Agreement have been fully and satisfactorily explained and each
party clearly understands and assents to all the provisions hereof.
j. Partial Breach - In the event either party breaches any portion of the Agreement or
contractual provisions herein, this Agreement and contract shall thereby be terminated or
subject to rescission. In the event the other party agrees to or accepts a compromise or settlement
thereon or ignores any such breach, such circumstances shall constitute a waiver by the
injured party of the breached provision nor of any other provision herein, and any waiver of a breach
of agreement or contractual provision herein contained shall be construed to waive
the Agreement and contractual provisions herein, or any subsequent breach of this
Agreement or any provision herein.
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k. Partial Invalidity-If any provision of this Agreement is held to be invalid or unenforceable,
all other provisions shall not continue in full force or effect.
l. In the event an action for divorce is instituted at any time hereafter by either party in any
court of competent jurisdiction the parties shall be bound by all terms hereof. This Agreement shall
be incorporated and may be merged in any decree or judgment that may be granted in any such action.
8. The parties shall dismiss the pending Iowa Divorce and convert it to a Legal Separation.
9. Signed with Knowledge. The parties hereto acknowledge that they have entered
into this Legal Separation Agreement freely and voluntarily, and that they have ascertained and
considered the facts and circumstances likely to influence their judgment and decisions herein.
Oksana has retained legal counsel and has secured the advice of her attorney prior to executing
this agreement. Frederick has had sufficient time in which to consult an attorney, but has voluntarily
elected not to secure the advice of an attorney in this matter. Oksana’s attorney has not
represented Frederick in any respect in this matter
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