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��� 1 <br />� <br /> NIISCELL�ANEOUS RECORD V <br /> 290b8—TNtAY0Yi7�NECO.GRIINDI4LAND,NLBR. � . � - <br /> SEVERANCE AGREEMENT <br /> cL-3 7 <br /> U.S. Departmen� o� Agriculture <br /> Produetion and Marketing Administration <br /> Commodlty Credi� Corporat�on� <br /> . SEVERANCE AaREEMEIVT <br /> (Farm 3�ora.ge Program) <br /> WHEREAS Donald Spiehs of Donipha.n, Qounty of Hal1, S�ate of 1Vebraska hereinafter called <br /> the "borrower" , has applied to the Commod.ity Credit Corporat3.on for a loan or for the <br /> guaran'�ee o� a loan Por the purpose of purchasing and erecting or cons�ructing the follow- <br /> ing storage structures to wit: <br /> Type Kind (Wood, Steel, ete. ) Capacity in Bu�hels <br /> Ear Corn Steel 1000 <br /> on the following described real estate situated in the Coun�y of Ha11 State of Nebraska: <br /> on the E�3E� & SE� of the NE� of Sectlon 1 Town�hip 9 Range 10 and whereas the borrower has <br /> a�reed �o �ive Commodi�y Credit Corpora�ion or its a,pproved lendin� agency a mortga,ge Iien <br /> on said stora�e structure; <br /> Now, Therefore, the parties h�re'�o do covenant and agree that such structures and equ3.p- <br /> ment: <br /> 1. sha11 remain severed from said real estate; and, <br /> 2. even if at'Gaehed '�o the realty, shall retain their personal character, sha7.1 <br /> be rernovable Yrom the real estate, sha11 be treated 'as personal property with <br /> respeet to the r�.ghts of the partles, and shall not beeome fixtures or a part <br /> of the real estate; and, � <br /> 3• shall not be sub,�eet �o the lien of any seeurity transaction or instrument <br /> heretofore or hereafter arising against the structure or real'�y on which it <br /> is placed, unt31, <br /> (a) the expiration o� Commodity Credit Corporation'� 1.3en and any <br /> extenBion or renewaY thereoP; and, �� <br /> (b) until repaymen'� of said loan. � <br /> Dr. E. A. Wa�son � <br /> Donald Spiehs - el� or e older <br /> — :� . _ .. _ . _... <br /> Borrower � by Farmers National Company Agent <br /> W. E. Min�t�e�,V.P. <br /> Beulah Spiehs 1 0 Doug as treet,Om a, e r. <br /> o�rr`o`wer �s po� w�ner or �'eriho�.der V <br /> James S. Morton � <br /> em er, oun y Agr cu ural <br /> Conservation Commit�ee <br /> . NEBRASKA <br />, Sta�e of Nebraska, ) as. . <br /> County of Hall . ) On this 7'�h day of December, 19�+9, beYore me a notary public in <br /> and for said county personally came the above na.med Don�,1d Spiehs <br /> who i� personally known to me to be the iden'�ical person whose name is a,fPixed ta the above <br /> instrument as grantor and he acknowledged said instrument to be his vqlun�ary act and deed. <br />' Witness my hand and notaxial seal, the date last aforesaid. <br /> (sEAI,) Lucile J. Lukesh <br /> My commission exp3res on the 15th day of Ju1y, 1955. Notary Public. <br /> NEBRASRA <br /> State of Nebraska, ) �s. <br /> Cvunty oP Hall . ) On this 7th day of December, i9�9, before me a notary public 3.n <br /> and For sa3d county personally came the above named James S. <br /> Morton who is personally known to me to be the identical person who�e name is affixed to <br /> the above instrument as grantor and he acknowledged sald instrumen� to be his vol.untary act <br /> and deed. Witness my hand and notarial seal, the date last a�oresaid. <br /> (sEAI,) Lucile J. Lukesh <br /> Notary Pub ic <br /> My commission expires on �he l5th day of July, 1955. <br /> NEBRASKA <br /> State of Nebraska, � ss. <br /> Caunty of Lancaster. ) Or� this llth day of January, 1��j0, befare me a notary public in <br /> and for said evunty personally came the abo�re named W. E. Minier, <br /> V�ic� President Farmera I�atlonal Co. who is personally known to me to be the identical person <br /> whose name is affixed to the above ins'�rument as grantor and h� aeknowledged sa3.d �.nstrurnent <br /> to be his voluntary act and deed. Witness my hand and notarial seal, the date last aforesaid. <br /> ( SEAL) Martha M. Miller <br /> otary Public. <br /> My commission eacpires on �he 22 day oP January, i953. <br /> F�.led for reeord thi� 17 day of Januaxy 1950, at 2 o 'cloek P.M. o �� <br /> eg s er o ee s �!/` <br /> 0-0-0-0-0-0-0-0_0-0_0-0-0-0-0-0-0-0-0-0-0-0-0-0_0-0-0-0-�-0-0-0-0-0-0-0-0-0-0-0-0-0-0_0-0-0 <br /> ; <br /> _.__ <br /> � <br />