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..`-COMMODITY_CREOIT _ U. S. DEPARTMENT OF AGRICULTURE -_` STATE- - - - COUNTY <br />(CORPORATION FORM 297 COMMODITY-STABILIZATION SERVICE <br />Ibt -56) COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT SERIA " °' <br />Whereas, f. <br />E OF 80RROWE (ADDRESS) <br />County of_ :a./ �� I State of called the "Borrower <br />has applied to the Commodity Credit Corporation for 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 (W D. STEEL, ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />on the follo` des ibed real. a 'ate situated in the County of— <br />State of �' <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 65 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 />(SIGNATURE OF BORROWER) (OWNER OR LIENHOLDER <br />DATE_ ��� G'� / 1-7 DATE <br />SIGNATURE OF BORROWER( SPOUSE) <br />DATE / / s /7i DATE <br />OWNER OR LIENHOLDER <br />at 8:30 A.M.__6B,Z Register of Deeds) Hall County] <br />CU. S. GOVERNMENT PRINTING OFFICE: 1956 0 - 393366 <br />