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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE STATE - COUNTY - <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE <br />CGMMOD.I TY.-CR•ED 4.T- .CBR460PA•T-_1 —_ <br />SEVERANCE AGREEMENT SERIAL NO <br />Whereas 4, f <br />E OF BORROWER) -' - "(A-&DRESS} <br />County of Statie''of °hereinafter called- the ""Borrower" <br />has applied to the ,Commodity Crit,Cgrpora }on. for a ;loa;n aj Apr are tee :off a .loan for the. purpose <br />purchasing and erecting" or cons-trtiAing =,the fbliow ng >s•tarage'ls�tructui8; w -(wit: <br />• . ,_........ ..: " .- .. • •rob ._ ......._,. ".. .. n^ , i . , .,. _ <br />TYPE KIND (WOOD, STEEL. ETC.) CAPACITY (BUSHELS OR TONS) <br />3 - <br />on the foil i desc ibed real estate situated in the County of <br />State of 6--n the of the A 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, there foro!y' the part ies,.hereto do .covenant and agree that, such structures- �nd:..quipment: . <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 subjeet 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 Uy 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 />L, A, 1�z� r <br />SLGNATURE BORROWER) <br />DATE <br />( AATURE OF BO WERS SPOUSE) <br />DATE <br />X ✓ /TGu.c /G — <br />/(OWNER OR LIENHOLDER). <br />DATE ✓ le _ <br />DATE <br />OWNER OR LIENHOLDER) <br />*U. S. GOVERNMENT PRSNTWG OFFICE: 1956 0 - 393366 <br />