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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE <br />(6 -1-56) COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT <br />STATE <br />COUNTY <br />Nebraska Hall <br />SERIAL NO. <br />48- 040 -142 <br />Whereas, E. C. Hof righter - Roy Hofriehte;r of Wood River, Nebraska <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 />1 - Butler Bin <br />KIND (WOOD. STEEL. ETC.) <br />Steel <br />_ CAPACITY (BUSHELS OR TONS) <br />2200 <br />11 x 18 <br />on the following described real. estate situated in the County of ti_alJ. _ <br />State of__ NTebraska _ on the of the NF % of Section <br />20 , Township 10 Range 11 <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 se - -it v transaction or instrument heretofore or hereafter rising against the <br />structure or realty on which it is placed, in tii, <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 . uired by Commodity Credit Corporation throuh est foreclosure or other means, at the oppStion of the Commod- <br />ity Credit Corporatio remain on the above described rear ate for a period not to exceed six t6) 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 />J Cn <br />ill-ON A, U OF-BORROWER) <br />+° <br />DATE_ <br />(SLGNATURE OF BORROWERS SPOUS ) <br />DATE .- T: <br />u <br />( 1N R 0 L I E N H O L E ---— <br />DATE <br />(OWNER OR LIENHOLDF.R) <br />DATE <br />*U. S. GOVFRNMENI' PRMTMG OFFICE: 1956 0- 393366 <br />