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. - I I <br /> COMMODITY CREDIT COPGRATION 'STATE .' COUNTY <br /> FORM 297 (Rev. 10-14-55) ' NE di ; I./ /) / Z- <br /> ,.,, . U. S. DEPARTMENT OF AGRICULTURE 1SERO/Au K d /� f— <br /> AGRICULTURAL STABILIZATION AND CONSERVATION . <br /> „ COMMODITY CREDIT CORPORATION <br /> SEVERANCE AGREEMENT A' <br /> i,HE�iEAS,'�y/ C. !v_7 /jog lj(JD D (,(/ / _ !V G_R�/''// MAM OF OeER) • ADDRESSJ) <br /> COUNTY OF fl F. , STATE OF I IL'i HEREINAFTER CALLED THE »BORROWER" HAS <br /> APPLIED TO THE C mODITY CREDIT CORPORATION FOR A LOAN'OR FOR THE GUARANTEE OF A LOAN FOR THE PURPOSE OF <br /> PURCaASING AND ERfCTtNO"OR CONSTRUCTING THE FOLLOWING STORAGE STRUCTURES, TO—WIT: <br /> (.1--) te? .1).1.g y ,s-t .f...i. /470 41 .CAC-h <br /> LYPE KIND (WOOD. STEEL. ETC.) CAPACITY (BUSHELS OR TONS) : • <br /> ON ONATHEOFO tfDES RIBED RF�1L yTATE SITUATED IN THE COUNTY OF 1. L• <br /> P`t J� ON THE OF THE4 OF SECTION <br /> , TOINSHIP 0 , RANGE <br /> AND%1REREAS THE 90RR'bIER'HAS AGREED TO GIVE COM ODITY CREDIT CORPORATION OR ITS APPROVED LENDING AGENCY <br /> A MORTGAGE LIEN ON'SAID STORAGE STRUCTURE:. •. <br /> 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 /> • <br /> 2. EVEN IF ATTACHED TO THE REALTY, SHALL RETAIN THEIR PERSONAL CHARACTER, SHALL BE REMOVABLE FROM THE <br /> REAL ESTATE, SMALL BE TREATED AS PERSONAL PROPERTY WITH RESPECT TO THE RIGHTS OF THE PARTIES, AND <br /> SHALL NOT.,S COir.E FIXTURES CR A PART OF THE REAL ESTATE, AND, <br /> 3. SHALL NIT G= S':9UECT TO 1HE LIEN OF ANY SECURITY TRANSACTION OR INSTRUmENT HERETOFORE OR HEREAFTER <br /> RISING AGH ti;i !.'r: STRUCTURE OR REALTY ON :.HIGH IT IS PLACED, UNTIL, <br /> (A) THE L•C kAi>ON OF COwi OD:TY CREDIT CORPORATION'S LIEN AND ANY EXTENSION OR RENEWAL THEREOF,AND <br /> (B UNTIL RE AYMEP:I OF SA;D LOAN, AND, <br /> 7. ..A. ..IF ACQU:R'U.PY.COMMODITY CREDIT CORPCRATION.THROUGH FORECLOSURE OR OTHEP;IISE, SUCH STRUCTURES AND <br /> EQUIPMENT SHALL, AY 1HE OPTION OF CO.mODIT'i CREDIT CORPORATION, REMAIN ON THE REAL ESTATE DESCRIBED <br /> ABOVE FOR A PERIOD NOT TO EXCEED SIX MONTHS FRCIA THE DATE OF VESTING OF TITLE TO THE STRUCTURES <br /> AND EQUIPMENT IN COMMODITY CREDIT CORPCRATION, AT NO EXPENSE TO CO,:.MODITY CREDIT CORPORATION. p N <br /> r 1. <br /> C e <br /> Z'�'L, � ; 1.�L.t �-- 4214.4 ' <br /> IGNATURE OF BORR017E (OWNER OR LIENHOLDER) <br /> DATE ti...-e... .../ . / l, /J DATE ("2/.;— L 51", k� <br /> /¢ <br /> .. -..� fit s <br /> /..4i UR F :ORROhEER,r SPCU-. (0t;NER OR LIENHOLDER) <br /> DATE . _( ? . �` ,� /j..----C` DATE <br /> 4T <br /> STATE OF NEBRASKA' : ;i, <br /> •�'f ' SS: <br /> COUNTY.Or` �` ))) <br /> '6n Wit-- `' day"of �i�_ , I'9 before• t ,Pub is In •nd for Bald county <br /> per`so9ai(y- d� t .e,`above-named fi'� -. . /ii . Mhd'Cs' ow to me to be the <br /> Ident,lda4.person'whose name Is f f '1.d to the above netrument •s Grantor and he acknowledged said <br /> instrument to be his voluntary act`.nd deed. ,Witness my hand and notarial seal, the date last aforesaid. <br /> My Commission expires on the c day of La% , 19 <br /> . 97� ,�,,1�0, �'e�C0,1•. Notary Public <br /> Filed for record April 6, 1956 at 8:30 A. M. faikliad __ Register of Deeds <br /> Hall Co., Nebr. <br /> 1 <br /> ii„99 <br />