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Commodity Credit _1.S.0EPARTihiENT- AORICULTURE� S TE COUNT i <br />Corporation Form 297 COM4DITY STABILIZATION SERVICE <br />(6 -1 -56) CombiODiTY CREDIT CORPORATION <br />SE 1 L N0. <br />SEVERANCE AGREEMENT <br />_ t —� d as <br />whereas- '�` p��_s_-- Add as <br />N * of 80rtowet �_ <br />County of �_� hate of hereinafter called the <br />„Borrower" has applied to the Commodity Crept Corporation for a loan or for the guarantee of a loan for the <br />purpose of purchasing and erecting or con structino tAe fallowing storage structures, to -wits <br />T Y _ —y ETC. �,^, {i�Y X1H11 [,i oyarlG LW •••.y_ <br />P <br />On following described real estate situate i� he County of <br />$t ate .of <br />T_ __on the F�� of thai /4 of Sect ion r <br />, Township! �� — Range_ <br />And, whereas the borrower has agreed to give Commodity Credit Corporation or its approved lending agency <br />a murtgage lien on said storaje structures <br />Now, therefore, the parties hereto do covenant and agree that such structures and equipments <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 <br />real estate, shall be treated as personal property with respect t, the rights of the parties, and <br />shall not become fixtures or a part of the real estate, and, <br />j. Shall not Ue subject to the lien of any security transaction or instrument heretofore or hereafter <br />rising against the structure or realty on which it is placed, until, <br />(a) The expiration of Commodity Credit Corporationts Lien and any extension or renewal thereof, and <br />(b) Until repayment of said loan, and, <br />4. Shall, if acquired by Commodity Credit Corporation through foreclosure or other means, such strustures <br />and equipment shall, at the option of Commodity Credit Corporation, remain on the above described <br />real estate for a period not to exceed six (6) months from the date of acquisition by Commodity <br />Credit Corporation, at no expense to Commodity Credit Corporation. <br />in witness thereof, the undersigned have executed these presents on the dates immediately belot, their respective <br />signaturess / r <br />�e�- z.,"��,'- ��- :�a..�-+ -- _'- '•'_ "` _"' Owner or L." nholde <br />(Signature; f lftiprower�� <br />Date'_ !_ _ <br />Date_ cV' <br />Gmer or Lienholder) <br />(Signature of Borrower's Sp ub se •' <br />Date / �` / e - <br />Date_ - <br />STATE OF NEBRASKA <br />SSs <br />COUNTY Of__ _ ) <br />� <br />�is day of cefore me a Notary 'rublfc in and for said <br />On t <br />county personally came the above -named _who is personally known to ,:e to be <br />the identical person chose name is affixed to the above instrument as Grantor and he acknowledged said <br />instrument to be r,is voluntary act and deed. t.itness my hand and notarial seal, the date last aforesaid. <br />i,y Commission expires on the day of s <br />Ig <br />Notary Public <br />(Seal) (over) <br />