Laserfiche WebLink
COMMODITY CREDIT U. S. DEPARTMENT OF AGRI <br />CORPORATION FORM 297 COMMODITY STABILIZATION <br />W1 -36) . - • COMM00 TY"CREDIT- CORPVI <br />SEVERANCE AGREEMENT <br />'ULTURE <br />�� Nebraska <br />SERIAL NO. - - <br />Hail <br />�. ,mv <br />A <br />Whereas, hatterson of Doniphan, <br />NAME OF BORROWER) (ADDRESS) ` <br />County of X11 Mate of �lebraskg` _~here-iriafter; called the "Borrower" <br />has applied to the Cmimodi� Credit. Corporation f6r V-16" roll fer`the',guaruntee YOf a loan ox, the purppse <br />purchasing and erect iig or c6Aitru' eiQ`tRe f81141r g `storage structure, to -wit: <br />TYPE <br />KIND (W006, STEEL -, ETC.) <br />CAPACITY (BUSHE.LS OR. TONS) <br />40 x 84 Quonset <br />Steel and Wood <br />on the following described real. estate situated in the County of. Hall <br />State of Nebraska Y-n the- West of the North West i-of Section <br />13 , Township 9 Range 9 <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 doo-= ovenant 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 subjek to the lien of,any security transaction or instrument heretofore or hereafter rising against the <br />structure 'or realty Qn 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 thr - h 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.Crommodity -_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 />'(SIG AT RE OF BORROWER) <br />v <br />DATE <br />(,SIGNATURE OF BORROWERS SPOUSE) <br />DATE����� <br />(OW ER OR LIENHOLDER) <br />DATE �• l y'�ci / <br />W E O , DER) <br />DATE <br />.U. S. GOVERNMENT PRINTING OFFICE: 1956 O - 393366 <br />