Evans, has agreed to pay her ex $600,000 in alimony, PEOPLE reports

"The parties have agreed that it is in their best interests and those of their children to amicably resolve all issues in their pending divorce. Each wishes the other well in all future endeavors," say the court papers filed on Friday in Williamson County, Tenn. "Both parties are fully committed to raising their children in a cooperative and positive way."

In the settlement, Evans, 36, will keep the family's home in Tennessee, while Schelske, 44, has been awarded the couple's two homes in Oregon, Access Hollywood reports.