Laserfiche WebLink
COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE STATE COUNTY <br />cORPORA(156'ORM 297 C COMMODITY CREDIT CORPORATION SERVICE <br />Nebraska Hall <br />SEVERANCE AGREEMENT <br />SERIAL NO. <br />48- 040 -42 <br />Whereas, George Weaver of Doniphan, Neb_raska___ _ <br />NAME OF BORROWER) (ADDRESS) <br />County of_ Hall State of Nebraska hereinafter called the "Borrower" <br />has applied to the Commodity Credit Corporation for a loan or for the guarantee of a loan for the purpose <br />purchasing and erecting or constructing the following storage structure, to -wit: <br />TYPE <br />KIND (WOOD, STEEL. ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />Crain Bin <br />Wood <br />1500 <br />on the following described real estate situated in the County of <br />State of Nebraska <br />East Half of the North East T of Section 11, Township 9, Range 10 <br />; and, <br />Whereas the borrower has agreed to give Commodity Credit Corporation or its approved lending agency a mort- <br />gage lien on said storage structure: <br />Now, therefore, the parties hereto do covenant and agree that such structures and equipment: <br />1. 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 real estate, shall be <br />treated as personal property with respect to the rights of the parties, and shall not become fixtures or a part of the <br />real estate; and, <br />3. Shall not be subject to the lien of any security transaction or instrument heretofore or hereafter, rising against the <br />structure or realty on which it is placed, until, <br />(a) The expiration of Commodity Credit Corporation's lien and any extension or renewal thereof; and, <br />(b) Until repayment of said loan. <br />4. Shall, if acquired by Commodity Credit Corporation through foreclosure or other means, at the opption of the Commod- <br />ity Credit Corporation remain on the above described real estate for a period not to exceed six (6) months after the <br />date of acquisition by Commodity Credit Corporation at no expense -to Commodity Credit Corporation. <br />In witness whereof, the undersigned have executed these presents on the dates immediately below their re- <br />spective signatures: <br />7 <br />GN ATURE OF BORROWER) <br />DATE_ <br />7 r <br />( IGNAT RE OF BORROWERS SPOUSE) <br />DATE <br />THE COMMERCIAL NATIONAL BAND <br />GRAND ISLAND, NEBRASKA <br />(OWNER OR L ENHOLDE ) <br />DATE <br />DATE <br />OWNER OR LIENHOLDER <br />3U. S. GOVERNMENT PRINTING OFFICE: 1956 O - 393166 <br />