Laserfiche WebLink
Commodity,Credit U.S•OEPARTMENT Of AGRICULTURE STA C' /k 4 C <br />Corporation form 297 CONniOf)lTY STABILIZATION SERVICE <br />(6 -1 -56) 0OmniODITY CREDIT CORPORATION <br />SEVERANCE AGREEKENT si a l A o. �. <br />Whereas, ^ _ of _ <br />me f Borrower Address <br />County of Alr.11607 , State of hereinafter called the <br />wBorrgwern has app a to the Commodity Cred i Corporation f a oan or for the guarantee of a loan for the <br />purpose of purchasing and erecting or constructing the following storage structures, to -wits <br />On the foLLQwIng de se abed real estate situated in the C my of ,� State of <br />on the �7t�Z f the 1/4 of Section <br />Township_q _ _ Range_ �/ <br />And, whereas the borrower has aCreed 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 equipments <br />I. Shall remain severed from said real estate, and, <br />-- 2• -Even If•attaohed to the•reaity, 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 partiesy 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 Corporationts 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, remain 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 date immediately below their respective <br />signaturess Prudential ance Company of America <br />f �i� ( �14 rtgage Loan Office �^ <br />y F� 7 <br />Signature of or rower r Lienholder�roduction Mgr• <br />Date �flcz'l0.:� Date August 234 <br />(Seal) <br />nature of Borrowers Spouse) <br />;Omer or Lienholder <br />err id day of Auzu st 19 5b ceforg a %I,- t•aWrFu�blSo T nd f .sadhd <br />ipetY <br />'-came the above -named Ernest H. 0h1man Jr..tR`3X w o is� personally <br />l�6w�i me C <br />�.. <br />t+ son whose name is affixed to the above instrument as Grantor and he acknowledged said <br />0..'Ge•' is voluntary act and deed. iJtness my hand and notarial seal, the date last aforesaid. <br />22nd <br />isslon- expires on the day of J rY ,,19 • <br />Notary Public <br />(over) <br />