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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE STATE COUNTY ,. <br />CORPORA•k•I -0N 'FORM 297 -'- - C9MMODf TY-STA0rti'ZATt <br />(6 -1-56) COMMODITY CREDIT CORPORA ''6Nr' "j E` <br />SEVERANCE AGREEMENT <br />(SERI AL'NO�� <br />Whereas, Z C IFe WZ C V, of wa,-, / 1 1 1z� %?—.._ _ <br />NAME_Af BQRROWE. 1. F t '(A�DRESS). , <br />Ali ..... <br />s <br />County o t' ;' �` State ofi'c' "'� r }�erinafter, called: the "Borrower" <br />has agpl Q ..to ;Vie Co)mgdity.Credit-Corporatie for >a - lidan or for• - the-.guaV4Eh1tee0 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 6 -4 TONS) <br />on the following desert d real est to - situated in the County of . L Z, <br />State of 1U� �'.� -� the of the -"of Section <br />Township /Q Rance <br />and, <br />Whereas the,,,,borrower� has agrees) 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) UntiLrepaymeut of said loan. <br />4. Shall, if acquired by Commodity Credit Corporation through foreclosure or other means, at the opption 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 />— <br />(S IGN <br />.ATURY OF BORROWER) <br />DATE <br />(SIGN RE OF BORROW RS SPOUSE) _ <br />DATE — "V /��� <br />DATE <br />DATE <br />(OWNER OR LIENHOLDER) <br />(OWNER OR LIENHOLDER <br />CU. S. GOVERNMENT PRINTING OFFICE : 1956 O - <br />