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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE <br />CORPORATION FORM 297 _ COMMODITY STABILIZATION_ U_UL" <br />'C6WW1'rY'CREb T CORPORA:Ti -G&..; <br />SEVERANCE AGREEMENT <br />STATE COUNTY - <br />SERIAL N0. <br />Whereas, of eh y /942,0 of ��i�'- -.. �/, .. .. �e ' <br />NAME OF BO 0 R) (ADDRESS) <br />County of 29 Stale, o. __ !_..e_ he§66'ritftdr called the "Borrower" <br />has applied to the CorWiodity`� relit Corporatioit:foi aloan or for tli�, �a�ani;ep 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 019.TONS) <br />Be z e <br />on the followi described real.estate situated in the_;ounty of <br />State of n C ,� r-C --oh the of. the <br />nzie of Section <br />Township Zf r Fange �� <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 covendnt and agree that such strut "tdfes aird 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 malty 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 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 />SIGNA UR OF B R WER) <br />DAZE / .... <br />(SIGNATURE OF BORP. 'E SPOUSE) <br />DATE YV _ <br />X THE PRUDENTIAL INSURANCE CO. OF AI ERICA <br />--� (OWNER OR1'LIE�N HHOLLDDE`R))� <br />DATE 9-9-57 <br />by: D. D. B alliet, Supervising Appraiser <br />DATE <br />OWNER OR LIENHOLDER <br />*U. S. GOVERNMENT PRINTING OFFICE : 1956 0 - <br />