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COMMODITY CREDIT' U. S. DEPARTMENT OF AGRICULTURE <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE <br />COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT <br />STATE - COUNTY' <br />Nebraska Hall <br />SERIAL NO. - <br />48- 040 -119 <br />W. <br />Whereas, Louis Graf of Danipban, Nahrackea _ <br />NAME OF. BORROWER) - - - (ADDRESS) <br />County of_ Hall State of Nebraska 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 />CAP7XCI`TY (BUSHELS OR TONS) <br />2 - Behlen Cribs <br />Steel <br />1500 bu each <br />3000 <br />on the following described real estate situated in the County of Hall - - - -- <br />State of Nebraska :on the of the SW % of Section <br />13 <br />'Township 9 Range 10 <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 security transaction or instrument heretofore or hereafter rising against the <br />structure or realty on which it is placed, mrtif, <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 throwgh 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 />(SIGNATURE OF BORROWS <br />DATE— <br />(SIGNATURE OF Bp RROWERS SPOUSE <br />DATE <br />(OWNER OR LI ENHOL OER) <br />DATE <br />DATE <br />OWNER OR LIENHOLDER) <br />RU. S. GOVERNMENT PAINTING OFFICE : 1956 O - 393366 <br />