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<br /> COimmCDITY CREDIT CORPORATION sST rTE NT
<br /> /, :COUY
<br /> FCRni 297 (7-1-52) sJ�ckr : .dSj //
<br /> U. S. DEPARTMENT OF AGRICULTURE :SERIAL N0. s
<br /> PRODUCTION AND ARKET I NG ADMINISTRATION : _ IJ
<br /> COmiNODI TY CREDIT CORPORATION : 'F.-ell.'e' -.7
<br /> > GG SEVERANCE AGREEMENT
<br /> ,LHEREAS,kO L c J'L'��e€24"y` OF__wee., _/0_,2-, ke 4 r
<br /> (NAME OF BCRROsER) (ADDRESS)
<br /> C..UFlTY OF __ Z/ ,STATE uF_ e�r __ __ HEREINAFTER CALLED THE r1BCRRO'rrERrr
<br /> HAS APPLIED Tv HE CCUTAJDITY CREDIT CORPORATION FOR A LOAN OR FOR THE GUARANTEE OF A LOAN FOR THE PURPOSE -
<br /> OF PURCI,ASINS AND ERECTING OH CONSTRUCTING THE FOLLOWING STORAGE STRUCTURES, To-WIT:
<br /> TYPE_ KIND_(WOOD,. STEEL, ETC.) CAPACITY (BUSHELS UN TONS)
<br /> �y
<br /> .1 7 1‘ #'4e) X_ ii ..6/7 .•• r
<br /> ON THE Fa:OWING DESCRIBED REAL ESTATE SITUATED IN THE COUNTY OF _Aliet/�
<br /> STATE OF ON THE_.,4, a 4' _OF THE__cC! __ I/4 OF SECTION__/ __ !
<br /> . , TOW NCH IF____ _6I _, RANGE__—/�
<br /> A
<br /> AND WHEREAS THE BORROWER HAS AGREED TO GIVE COr:aODITY CREDIT CORPORATION CR ITS API ROVED LENDING AGENCY A
<br /> I,URTGAGE LIEN ON SAID STORAGE STRUCTURE:
<br /> NOW, THEREFORE, THE PARTIES HERETO DU COVENANT AND AGREE THAT SUCH STRUCTURES AND EQUIPMENT:
<br /> I. SHALL REMAIN SEVERED FROM Si ID REAL ESTATE, AND, A
<br /> 2. EVEN iF ATTACN,ED To THE REALTY, SHALL RETAIN THEIR PERSONAL CHAHi.CTEFi, SHALL BE
<br /> REiuoV;BLE FRC,n THE REAL EST;-U, SHALL NE THEiTED AS PERSONAL FMLPERTY ';:ITH R.SFECT
<br /> T, THE RIGHTS OF THE FArcTIES, AND SHALL NOT BECOME FIXTURES uR A. FART uF THE REAL
<br /> ESTATE: AND, 1
<br /> ,
<br /> V
<br /> 3. SHALL NOT BE SUBJECT TO THE LIEN OF yNY SECURITY TRANSACTION OR INSTRUi1iENT HErETC-
<br /> FVRE Or HEREA1-TER ii ISING AGAINST THE STRUCTURE OR REALTY CN WHiCH IT IS FLACEy UNTIL,
<br /> (A) THE EXPIRATION OF CoMM DITY CREDIT CORPORATION'S LIEN AND ANY
<br /> EXTENSION '1 RENEE.ALiTHERECF: AND,
<br /> B NTIL .PAYE NT OF SAID LOAN. I
<br /> t_ .) 72:f.2
<br /> ( > x t 1.6r it*. L 1
<br /> ss .�_ _
<br /> S IGivA.TURE Gf BOKRO ER (OiiNER OR LIE;HULUE i)/3 /7' ...1
<br /> /7' `J
<br /> DATE October 7,_12 DATE SE.:0_z1. _i_l_•t4
<br /> )\-:- S I A-2.7 NATURE OF B ' O'LER�S SFCUSE TU;NER ON LIENHoLDENJ
<br /> DATE October 7_, 1_955_ DATE
<br /> STATE 5F I1EuRA&4K,A 7
<br /> '.v .. ss:
<br /> COON A ��. Hall
<br /> n this•',`r ZthU __day of OCtobe_r_, 1955, before me a Vary PPuu4I�Ic in and for said county
<br /> p:eAionaIIy Oahe 1-,h.g above-namedLOUiS 0 SchiQesler_maadie_J__ d personal Iy known to me
<br /> to;be%bha"-I'de,pliajl-•person whose name is affixed to the above instrument as Grantor and he acknowledged said
<br /> insfrueeritctb"bej1I.S"voluntary act and deed. Witness my hand and notarial seal, the date last aforesaid.
<br /> .iCy,0.gificiti as ion'expires on the___ _7t17,..,__ _ day,of_OC_tQ,ber_ __ , 19_55 .•
<br /> (SEAL) ,_ L/'f��rldd t>5
<br /> f � ,_ Notary Pu blic
<br /> Filed for record October 13, 1955, at 8:30 A. M. ,,,,, Register of De . f
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