In May 1990, the parties entered into a stipulation of settlement, spread upon the record in open court, which provided, among other things, for equitable distribution of marital property. In their stipulation, the parties provided that plaintiff be distributed the marital residence, a $31,800 bank account and a $180,000 distributive award, payable by defendant in six installments over a period of five years. In exchange, plaintiff was to...
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