Laserfiche WebLink
s COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE. <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE <br />(6- 1 -56)- COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT <br />i <br />Whereas, r1/ of <br />% NAME OF BORROWER) RESS) <br />County of ,_111 , , State of hereinafter called the "Borrower" <br />has applied to the Commodity Credit Corporation for ;.16n or for the guarantee of a loan for the purpose <br />purchasing and erecting or constructing the following storage structure, to -wit: <br />TYPPE// <br />KIND (WOOD, STEEL, ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />/` /!J� <br />on the follower described real. estate situated in the County of 1zkzt 1 <br />State of %// . 1 <br />7-/ <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 />r <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, untl , <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 option 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 />(SI GN ATUR OF BORROWER) �--° <br />DATE / u <br />SIGNATURE OF BORROWERS SPOUSE) <br />DATE / <br />Filed for rtZord August 31, 1957 at 8:30 A.M. <br />THE NORTHATSTEW MUTUAL LIFE INSURANCE COMPANY <br />BY:; d4, - , D-z 7& T1 %estring <br />Supt. of g. 6.gYS <br />0 L ENHOL,.p'ER <br />DATE ?'up st 12,T957 .. ca.• u, .�,��. .. %: y3 <br />)A" d <br />a . <br />(OWNER OR L4NHZLDE'R )p!+ iki i., <br />DATE <br />a Repgister of Dee,dsl, fti <br />.. 0. CU. S. GOVERN �T <br />#, P, Q+'G ,FFICE :1956 0 -393366 <br />