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Commodity Credit U.S.DEPART7d -EENT 0 AGRICULT� E ` ST C NTY —� <br />,,Corporation Form 297 COMh,ODITY STABILIZATION SERVICE <br />(6 -1 -56) COmmODITY CREDIT CORPORATION f <br />SEVERANCE AGREEMENT SERI N04 — E <br />whereas, _ of / <br />ame o Borrower — Addressr <br />County of ,.State of hereinafter called the <br />"Borrower„ has appl e t he ommodity 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 />TYPE_ KIN D i700D Ls ETC. !_I- CAPACITY BUSHELS OR TONS <br />On a following des$ A bed rea estate situated in the County of ; State of.. <br />!_h of the 114 of Section—_ <br />Township_ Range_. <br />And, whereas the borrower has agreed to give Commodity Credit Corporation or its approved lending agency <br />a mortgage lien on said storage structures <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 />- 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 part of the real estate, and, <br />J. Shall not be 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 Corporations 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 meanA,,,,$ hl;*truetures <br />and equipment shall, at the option of Commodity Credit Corporation, remain on the,. 00%i r +., <br />real estate for a period not to exceed six (6) months from the date of acquisit.ioli <br />Credit Corporation, at no expense to Commodity Credit Corporation. ,�J .``�9 f,. �•-: <br />In witness thereof, the undersigned have executed these presents on the dates immedlatePJz$ 4 <br />signaturess a <br />The Travelers I an <br />Y <br />By. u <br />�— nature of Borrower <br />Date, _' �/ Atct"t- <br />nature of Borrower's Spouse (Gwner or Lienholder <br />P r; <br />e i r� e - <br />;, <br />i r ry <br />Dat e_���� _ - -^ Date 5_ 1) t 7�,1f ber 2L.l9„5— <br />ST -Tg. Q Nf BRASKA '= )- <br />Q�ObIT$ <br />0 F.T!y9 <br />day of ;�vy� , 195 Gefore me a Notary Publ Ic in and for said <br />ctnsr the above -nam d� * k/ _��/ who is personally known to me to be <br />to �`tici�lp$;sswhl name is affixed to the above in trument as Grantor and he acknowledged said <br />c�bi3$ qr�y �!o bq.-t§ �'8)"untary act and deed. i, fitness m hand and notarial seal, the date last aforesaid• <br />v ffL <br />�'idsr�lipt'res on theday of , 19• <br />♦ `,4 <br />(Se�flaia,ss$$+tlit! ��� r�_:4�e�1 Notary Public <br />(over) <br />
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