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V-501
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�V� <br /> 1vIISCEI�L,ANEOUS IZECORD V <br /> 290EB�TNLIIUCtllTINECO.iRAND16L11ND,NlBII. . � � . . � . <br /> �EVERANCE AGREEMENT <br /> oL-37 <br /> U. S. Department of Agriaulture <br /> Production and Marketing Admin�.s�Gration <br /> Commodity Credit Corporat3.on <br /> SEVERANCE AGREEA2ENT <br />' (Farm Storage Program) � <br /> WHEREAS Lester Riese of Donlphan, County oP Ha11, State of Nebraska hereinafter called the <br /> uborrower" , has applied to the Commodity Credit Corporation for a loan or for the guarantee <br /> o� a loan for the purpose o� purchasing and erecting or cons�ructing �he following storage <br /> s�ructures to wit : _ � , <br /> Type Kind (Wood� Steel, etc. ) Capacit� in Bushels <br /> 3ma11 Grain Steel 1000 <br /> on the fvllowing de�cribed real estate si'tuated in the Coun'Gy of Hall State of Nebraska: � <br /> on �he we�t half of the 5• W. 1/4 of section 23 Township 10 Range 9 and wherea$ the borrower\w <br /> has agreed to give Commodi'�y Credit Corporation or its approved lending agency a mortgage �� <br /> lien on said storage struc�ure; <br /> Now, Therefore, the parties hereto do covenant and agree that such structur�s and equipment: � <br /> v <br /> 1. shall remain severed from said real estate; and, � <br /> 2. even if attached to the realty, shall retain their personal character, �hall be <br /> remova'�le from the real estate, sha11 be treated as personal proper'Gy with respect <br /> to �h� rights of '�he parties, and shall not becom� fix'Cures or a part of the real <br /> es ta'te; and, <br /> 3. sha11 not be sub,�ect to the 13,en of any security transaction or instrument here- <br /> tofore or hereaf ter arising against the s�ructure or realty on which it is placed, <br /> un'G i1., <br /> (a) the expiration of Commodi'Gy Cr�dit Corporation�s lien and any <br /> extens�.on or renewal thereof; and, <br /> (b) until repayment of said loan. <br /> Legter Riese Anna Boa <br /> Borrower �r or e o der <br /> Mrs. Lester Riese Owner or e ol er <br /> orrower a pouse � <br /> James S. Morton <br /> em er, oun y Agricu tura <br /> Conserva'tion Committee <br /> NEBRASKA <br /> State of Nebraska, � as, <br /> County of Ha11. ) On this 23 day of Navember, 1949, before me a notary publi� <br /> in and fnr said county personally came� the above named Lester <br /> R�.ese who is personally known �o me to be the identical person whose name is affixed bo the <br /> above instrumen� as grantor and he acknowledged said instrument to be his voluntaxy act and <br /> deed. Wi�ne�s my hand and notarial seal, �Ghe da�e las� aforesaid. <br /> (SEAL) Lucile J. Lukesh <br /> Notary Pu ic. <br /> , My commission e�ires on the 15th day of July, 1955• <br /> NEBRASKA <br /> State of Nebraska, ) ss. <br /> Coun�y of Hall. ) On this 23 cla,y of November, 19�9, before me a notary public in <br /> and t'or said county personaZly came the above named Anna Boag <br /> who is personally known �o me to be the identical persan whose name is affixed to the above <br /> instrument as grantor and�ie acknowledged said instrument to be h3.s volun�ary act and deed. <br /> Witness my hand and notax�.al seal, the da'�e last aforesaid. <br /> ( SEAL) Lucile J. Lukeah <br /> Notary Public <br /> My eomrniss�.on exp ires on the 15th day of July, 1955. <br /> NEBRASKA <br /> State of Nebraska, ) ss. <br /> County oP Hall. } �n this 23 day oY Navember, 1949, bePore me a no�ary public <br />, in and for said county personally came the above named Ja.mes 8. <br /> Mar�on who is personally known to me to be the identical pergon whose name ie afPixed to the <br /> above instrum nt s nto d <br /> e a gra r an he acknowledged said ins�rument �o be his voluntary act and <br /> deed. Wi'�ne�s my hand and notarial seal, the date last a�'oresaid. <br /> ( SEAL) Luc3.le J. Lukesh <br /> o�ary ub ic <br /> My commission expires on the 15th day oP July, 19�j5. <br /> Filed for record this ls� day of December 1949, at 2:10 o �elock P.M. /!1 � � <br /> , �cl-v�.v 1,�6�e-�,.r✓ � <br /> eg ster o ee s <br /> 0-0-0-0-0-0-0-0-�J-0-0-0-0-0-0-0-0-0-0-0-0_p_�_0-0-0-0-0-0-0-0-0-0-p-0-0-0-0-0-0-0-0-0-0-0-� <br />
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