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COMMODITY CREDIT U. 'S. DEPARTMENT OF AGRICULTURE "sr�TE 000NTV..' <br />CORPORATION FORM 297 COMMODITY - STABIL- I.ZATION_SERVICIE <br />COMMODITY CREDIT CORPORATION % <br />SEVERANCE AGREEMENT SERIAL "0 44.. <br />Whereas, CJ O //N A/Q �S Of Q <br />.(NAME OF BORROWER)` _ (ADDRESS) - <br />County of_ -State. Of e,6,�,�%s } 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 />TONS) <br />on the following described real estate situated in the County of L L - — <br />State of N6kf1Q1S&a :on the of the — /j 4 of Section <br />Township Range `Z <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 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 secLwity 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 ioan. <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 />i <br />1 (SIGNATURE OF BORROWER) <br />/TE_ <br />(SIGNATURE OF BORROWERS SPOUSE) <br />DATE /,;2 7 <br />DATE <br />DATE <br />OWNER OR LIENHOLDER <br />OWNER OR LIENHOLDER <br />CU. S. GOVERNMENT PRINTING OFFICE: 1956 0 - 393366 <br />