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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE <br />COMMOQITY CREDIT CORPORATION <br />SEVERANCE . AGREEMENT I SERIAL NO.� // <br />COUNTY <br />Whereas, C%� of� <br />A�NAA�ME.OF.BORROWER) _ 1 - {ADDRESS) <br />County of___�J4_G- l L State of /a — 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 />CAPACITY (BUSHELS OR TONS) <br />% <br />I <br />i <br />on the following described real estate situated in the County of _ -- <br />State of _ :on the Is '��}, of the S ji!5 % of Section <br />Township 7 Range- <br />, itn`d, <br />Whereas the borrower has agreed to give Commodity Credit Corporation or its approved lending agency a mot - <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 secu -tv 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 opption of the Commod- <br />ity Credit Corporation remain on the above described real estate for a period not to exceed six M 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 />/ .. (SIGNATU OF S RROW R) <br />DATE _ ✓ <br />` (SIGNATURE F BORRO ERS;%SPOUSE) <br />DATE <br />1K MUKN=(OWNER M!--- AtdONA <br />ERHOLDER) <br />DATE / ! '_� / - <br />DATE <br />OWNER OR LIENHOLDER <br />*U. S. GOVERNMENT PRINTING OFFICE: 1956 O -393366 <br />