OTT, J.
Robert P. DeRiemer and Helen A. DeRiemer were married June 25, 1925. December 11, 1957, in contemplation of divorce, they entered into a property settlement agreement which, by its terms, made an equal division of the assets of the community and, in addition, contained the following provisions:
"(8) Party of the second part [Robert P. DeRiemer] further agrees to pay to the party of the first part [Helen A. DeRiemer] the sum of $50.00 per month for...
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