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> - - Commod'It Gredit - _ - s -- �_t— — — r <br />y U.S.OEPAP,Ti.,ENT OF AGRICULTURE �TE _ COUNTY <br />Cori) Form Form 297 0064DITY STABILIZATION SERVICE ! <br />(6 -1 -56) COnih,ODITY CREDIT CORPORATION t� 1C ✓�`'iZ' (_•r` <br />SEVERANCE AGREEMENT I SERIAL NO. - —' <br />Where <br />as-! ^` / '/3/ "_L /� C -�t?� _ of <br />Name of`Borrower Address —`'` <br />County of_ , State of hereinafter called the <br />"Borrower has applied to the Commodity Credit Corporation for a 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 �Kf -71;000 STEEL ETC. ! CAPACITY BUSHELS OR TOhS <br />— ---- I-- l ._ . s _ —a _ _ <br />On the foil ing described eaI estate situated in the County of State of <br />� > <br />on the of the 1/4 of Section �— <br />And, whereas the borrower has agreed to give Commodity Credit Corporation or its approved lending agency <br />a mortgage lien on said stora;e 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 part of the real estate, and, <br />J- Shall not �e subject to the lien of any security tr" saction or instrument heretofore or hereafter <br />rising against the structure or realty on which it placed, until, <br />(a) r' The expiration of Commodity Credit Corporatfonts 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�maln 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 />Signature of BorroeerT— — — T Owner cir Lienhclder�- — <br />Date, Date <br />_ __ - -- —_ — -- - -- — <br />Signature of Borrower +s Spouse (Owner or Lienholder) <br />Date C Nr -. /r- /_ ✓ G; <br />Oate <br />i 17E F A�B,t iS6rKA. <br />°Ja-- <br />" .' '� ) SSs <br />tin,tfyi t %day of , 19_5 efore m a 'otary l'ubllc Tn and for said <br />coup{. ger694�t i c:ame.ihe above named yk� W_ / p Y <br />�. wno is persona known to me to be <br />,tiL&' davii i I pec,en &hose name is affixed to the above instrument as Grantor and he aekno,vledged said <br />idsf.rUpigsr�Yp> 4k r,is voluntary act and deed. . t.itness my, hand and notarial seal, the date last aforesaid. <br />iuy gotriiission expires on the -day of 9_S2-Z- <br />(seal) <br />/ /� -�r" Lr>t;< /'(, �C�Lexl�4,,Notary Public <br />(over) <br />