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:DMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE <br />CORPORATION FOR- 297 COMMODITY STABILIZATION SERVICE <br />(6d -66) COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT <br />Whereas, 2_4 _--' 4 % , of <br />(4iAAmE OF BORROWER) l <br />1 <br />STATE COUNTY <br />SERIAL NO. <br />(ADDRESS) <br />County of = T � State of /,e' 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 TONS) <br />+7(BUSHELSSOR <br />i <br />i <br />on the followiu described real estate situated in the Countv of <br />State of ✓! "" <br />✓/ ( ti c� 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 />Z <br />GNATURE OF BORROWER, ` <br />DATE <br />(SI GNpiUBE OF BURROWERS SPOUSE) <br />DATE (J <br />Filed f r record August 31.'1957 at 8:30 A. <br />�- (OWNER OW L ENHOLDER) <br />DATE <br />(OWNER OR LIENHOLDER) <br />DATE <br />Register of Deeds, Hall C <br />- <br />*U. S. GOVERNMENT PRINTING OFFICE: 1956 O <br />J. <br />