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• <br /> s I <br /> 1 1 <br /> COMmOD(TY CREDIT COPORATION <br /> FORM 297 (Rev. (0-14•55) 'STATE ' COUNTY <br /> , Nebraska , Hall <br /> •'SERIAL•N0:— ' <br /> U. S. DEPARTMENT OF AGRICULTURE ' 48-040-81 <br /> ,1 AGRICULTURAL STABILIZATION AND CONSERVATION <br /> COMMODITY CREDIT CORPORATION <br /> SEVERANCE AGREEMENT <br /> hdEi?EAS, Elmer Hann <br /> OF R 2 G rand a S$q <br /> NAME OF BORROWER DDRESS <br /> COUNTY OF Hall , STATE OF Nebraska HEREINAFTER CALLED THE "BORROWER" HAS <br /> APPLIED TO THE COMmODITY CREDIT CORPORATION FOR A LOANOR-FOR TH'EGUARANTEE OF A LOAN FOR THE PURPOSE OF <br /> PURCHASING AND ERECTING OR CONSTRUCTING THE FOLLOWING STORAGE STRUCTURES, TO—WIT, <br /> I/ <br /> TYPE KIND (WOOD. STEEL. ETC.) CAPACITY (BUSHELS OR TONS) , <br /> 1 - Corn Crib Behlen Steel 1500.0 - <br /> 16 ! diam x 15' ht. <br /> ON THE FOLLOt�IN QpESCRIBED REAL ESTATE SITUATED IN THE COUNTY OF ,Hall, <br /> �� <br /> STATE OF Nebraska ON THE <br /> 29 , TOt NSHIP 11 OF THE Nb� 14 OF SECTION }! <br /> ..L.,4-. • RANGE 9 <br /> AND WHEREAS THE BORROWER HAS AGREED TO GIVE COMmODtTY CREDIT CORPORATION OR ITS APPROVED LENDING AGENCY <br /> A MORTGAGE LIEN ON SAID STORAGE STRUCTURE* <br /> It"NOW, THEREFORE, THE PARTIES HERETO DO COVENANT AND AGREE THAT SUCH STRUCTURES AND EQUIPMENT, <br /> I. SHALL REMAIN SEVERED FROM SAID REAL ESTATE, AND, , <br /> 2. EVEN IF ATTACHED TO THE REALTY, SHALL RETAIN THEIR PERSONAL CHARACTER, SHALL BE REMOVABLE FROM THE <br /> REAL ESTATE, SHALL BE TREATED AS PERSONAL PROPERTY WITH RESPECT TO THE RIGHTS OF THE PARTIES, AND Q <br /> SHALL NO.T.BECOME FIXTURES OR A PART OF THE REAL ESTATE, AND, <br /> 3. SHALL NOT BE SUBJECT TO THE LIEN OF ANY SECURITY TRANSACTION OR INSTRUMENT HERETOFORE OR HEREAFTER mit <br /> RISING AGAINST THE STRUCTURE OR REALTY ON hHICH IT IS PLACED, UNTIL, <br /> A THE EXPIRATION OF COt ..ODITY CREDIT CORPORATION'S LIEN AND ANY EXTENSION OR RENEWAL THEREOF,AND 4K B) UNTIL REPAThERT OF SAID LOAN, AND, <br /> 4. IF ACQUIRED BY COMMODITY CREDIT CORPORATION THROUGH FORECLOSURE OR OTHERWISE, SUCH STRUCTURES AND 1111 <br /> EQUIPMENT SHALL, AT THE OPTION OF COt;:MODIT'f CREDIT CORPORATION, REMAIN ON THE REAL ESTATE DESCRIBED <br /> ABOVE FOR A PERIOD NOT TO EXCEED SIX MONTHS FROM THE DATE OF VESTING OF TITLE TO THE STRUCTURES <br /> AND EQUIPMENT IN COMMODITY CREDIT CORPORATION, AT NO EXPENSE TO C0mMDDITY CREDIT CORPORATION. <br /> SIGNATURE OF BORROWER ' (OWNER OR LIENHOLDER) <br /> DATE II— / S DATE <br /> i►12�2 <br /> SIGNA URE OF B AORROWER'S SPOUSE (OWNER OR LIENHOLDER) <br /> DATE 7/ / DATE <br /> STATE OF NEBRASKA <br /> �/ , ` SS, <br /> COUNTY OF Oh this 1' day of 'r/ . 9 1j before me a Notary Public in and for said mounty <br /> per lI came the above-named <br /> �:.�, who Is personally known to me to be the <br /> idsntice• pe49 n whose name Is affixed to the above instrument as Grantor and he acknowledged said <br /> lmme S•;b his voluntary act and deed. Witness my hand and notarial seat the date last aforesaid. <br /> �at°F h � F Y Y �/ s <br /> `' My Goriyai4b on expires on the '?--///day of /.1 , 19 ct'` . <br /> • ` r.4of � AL� tr,4 tart' Public� <br /> ,'` I..' Filed for record November Li, 1955, at 8:30 A. <br /> t„�� 9-. _ Register of Deeds, Hall Co., Nebr. <br /> .?6/ <br />