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Y c <br />— COMMODITY CREDIT U. S. DEPARTMENT OF AGRI�C LT�1 k-E STATE - COUNTY <br />CORPORATION FORM 297 COMMODITY STABIL Vt'_(6.1 -561 COMMODITY C17EiS11 �ORIsdRA ivAvlz�3'1 }� - <br />SEVERANCE AGREEMENT 5 I "` N0' <br />Whereas, 05G LG i/ G�i Ise& of <br />NAME OF BORROWER) (ADAESS) r <br />County of ,State of / /t�✓� _ __here£nafLsr called the'orrower" <br />has applied .to the Cominodit}�'redit Corporation for' loan ='or for theltuar',anter of a - 1oan',for, the, purpose <br />purchasing and erecting or'construci14`the`fo1] Wing storage structure, to-wit:Y <br />TYPE <br />KIND (WOOD, STEEL. ETC.) <br />CAPACITY (BUSHE'_S: O,R..TONS) <br />e0 <br />Fib .O- <br />-t: <br />on the follo rig described real. estate situated in the County oft �i�G- <br />State of �' i'A�,fi a� on the o the <br />.�..of section <br />/ L.,Ll -- >"��..--- �.�/ ---,*J ��'- ��i"•'..�� — ��V ��..�J.zs. and, <br />Whereas the borrower has agreed to give Commodity Credit Corporation or.i'ba'a ove err ing 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, untl , <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 through foreclosure or other means, at .he 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 CorporatioT.._ <br />In witness whereof, the undersigned have executed these presents on the dates immediately below their re- <br />spective signatures: <br />THE FEDERAL <br />r p- ey -Yhi t, <br />7� ` F, ZJa .Ay F.i C <br />wm ;LR E O F BORROWER) H. E•'t TR' • '' <br />17 �� �@• :: #'823 <br />DATE DATE Sept er <br />(SIGNATURE OF BORROWERS SPOUSE) (OWNER OR LIENHOLDER) <br />DATE DATE <br />CU. S. GOVERNMENT PRINTING OFFICE: 1956 O - 393366 <br />