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r t €� <br />COMMODITY CREDIT U. S.. DEPARTMENT OF AGRICULTIfRE_ STATE couNrr <br />CORPORATION FORM] 297 COMMODITY STABIL- I.ZATIpN <br />(6 -1-56) COMMODITY f'REBtfi C1Rf � $�= t 3 <br />SEVERANCE AGREEMENT SERI ` <br />Whereas, of - <br />NAME F BORROWER) -- ADDRESS) - <br />��% <br />County of �(' State -of liege ter; Cal �d the "Borrower" <br />has applied to the�:GomnodityCred t pntatiaa::irsr a.'loats� "Far�tl IguarWAtee -16f a o$ir for the purpose <br />purchasing and erecting or cof►strucgi4 iNe" fbllo +Trig` tblcagc+';Aructl ie,, .e6 wa>E: <br />TYPE KIND (WOOD. STEEL, ETC.) CAPACITY (BUSHELS OR TONS) <br />c�C 3 00 <br />._ <br />on the followin desc 'bed real estate situated in the County of <br />State of c �S eri the 15 Z 1. / y o the ,. of Section <br />;Township Range <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 eovenant 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 />/J SI AT�URE OF OR OWER) (OWNER OR LIENHOLDER) <br />DATE �L Z�6�Y �o /.% -7 DATE \ S � . <br />(SIGIjATURE OF BORROWERS SPOUSE) 7 (OWNER OR- 1.�'.�1lfbCCEh) <br />DATEL /i 5 DATE <br />*U. S. GOVERNMENT PRINTING OFFICE: 1956 0 - 393366 <br />