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COMMODITY CREDIT C S. DEPARTMENT ZA AGRICULTURE I STA T /I // F/ COUNTY <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE <br />(6 -!-56) COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT <br />SERIAL NO. // Jr- <br />J[. _ f, J a - le2 G <br />Whereas, �X� ,a S n of--.. V'VOU _ L ✓ e r <br />tf NAME OF BORROWER) / (ADDRESS) <br />County of _fl X /I State of e p r _ 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 />on the follo��wi� described real estate situated in the County of <br />State of ,,((---g t^ q 14 � <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 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 />0) ou <br />(JAGNATURE OF BORROWER) <br />DATE <br />DATE <br />IGNATURE OF BORROWERS SPOUSE <br />A <br />at 8:30 <br />OWNER OR LIENHOLDER) <br />DATE <br />DATE <br />OWNER OR LIENHOLDER <br />Register of Deeds, Hall <br />OU. S. GOVERNMENT PRWTING OFFICE: 1956 0 - 393366 <br />