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Commodity Credit U.S.DEPARTSTA 0 ATI NOSE- E S1 COUNTi� <br />Corporation Form 297 CONnu001TY STABILIZATION SERVICE � <br />(6 -1 -56) COMwODITY CREDIT CORPORATION + <br />SEVERANCE AGREEMENT 1ER I A N 0. ._ <br />Whereas, of <br />am Gorr er Address <br />County of , State of hereinafter called the <br />„Borrower„ has applied to the Commodity Cred t Corporation fora loan or for the guarantee of a loan for the <br />purpose of purchasing and erecting or constructing the following storage structures, to -wits <br />I R T ON$ <br />36> 6 <br />On the foil Ing' described real estate situated in the `1L rnty of State <br />_`��-°�---- --- -on the_ —of the 1/4 of Section <br />Township! _T Range_. l _ <br />And, whereas the borrower has.a; reed to give Commodity Credit Corporation or Its approved lending agency <br />a mortgage lien on said storaje structures <br />Now, therefore, the parties hereto do covenant and agree that such structures and equipments <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 t� the rights of the parties, and <br />shall not become fixtures or a pdrt of the real estate, and, <br />j• Shall not ue subject to the lien of any security transaction or instrument heretofore or hereafter <br />rising against the structure or realty on which It is placed, until, <br />(a) The expiration of Commodity Credit Corporationss Lien and any extension or renewal thereof, and <br />(b) Until repayment of said loan, and, <br />4. Shall, if acquired by Commodity Credit Corporation through foreclosure or other means, such structures <br />,and equipment shall, at the option of Commodity Credit Corporation, r,:main on the above described <br />real estate for a period not to exceed six (6) months from the date of acquisition by Commodity <br />Credit Corporation, at no expense to Commodity Credit Corporation. <br />In witness thereof, the undersigned have executed these presents on the dates immediately below their respective <br />signaturess <br />Signaj' re of 8orroq, r <br />Date— <br />I-- `d, _ / <br />(Signature <br />Date <br />STATE O�NiMrA� <br />r <br />COUNTY OF <br />n_ LL4� •'ii : AA <br />s �pouse) <br />/ L? -i.� <br />Owner or <br />Date <br />(Ofiner o Lifenholder <br />Date � -STS (� - -- —__- -- _ <br />SSe <br />Y of L'CG ") =ta 'r 196 ee.iore � m9e AC Notary Fublis in and for said <br />the above -nam <br />goggty„�h'rvnb''AI came <br />••, Y irzao r. sir who is personally known to roe to be <br />ry 1*rielesr it parson whose name is affI ea o the a ove instrument: as�Grraantor and he acknowledged said <br />�ns�rap4'�fq 6g .h is voluntary act and deed. ;,itness my hand and notarial seal, the date last aforesaid. <br />ye�,� <br />_4 Es1on expires on the i l � day of P1 , 19 1 . tv <br />^•��ea8���I +—f L%t Notary Pu blic <br />(over) <br />�sr�assc' <br />