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COMMODITY CREDIT U. S. DEPARTMENT OF AGRI "CULTURE STATE COUNTY CORPORATION FOP" 297 COMMODITY STABILIZATION SERV (6 - , 1 -56) COMMODITY CREDIT CORPORATION SEVERANCE AGREEMENT SERIAL NO. Whereas, o of N CF BORRO .) _ +(ADDRESS) County of_ State of reinafte'r called the "Borrower" has applied to the Commodity Credit Corporation for a loan or for the guarantee of a loan for the purpose purchasing and erecting or constructing the following storage structure, to -wit: on the following descri real. estate situated in the County of -- — State of_ �Jp - -bn the of the— % of Section Township Range__ and, Whereas the borrower has agreed to give Commodity Credit Corporation or its approved lending agency a mort- gage lien on said storage structure: Now, therefore, the parties hereto do covenant and agree that such structures and equipment: 1. Shall remain severed from said real estate, and, 2. Even if attached to the realty, shall retain their personal character, shall be removable from the real estate, shall be treated as persona)_ property with respect to the rights of the parties, and shall not become fixtures or a part of the real estate; and, 3. Shall not be subject to the lien of any secr-ity transaction or instrument heretofore or hereafter rising against the structure or realty on which it is placed, urtii, (a) The expiration. of Commodity Credit Corporation's lien and any extension or renewal thereof; and, (b) Until_ repayment of said ioan. 4. Shall, if acquired l,y Commodity Credit Corporation throu�b foreclosure or other means, at the ontior, of the "wr-m od- ity Credit Corporation remain on the above described real estate for a period not to exceed six f5) months after the date of acquisition by Commodity Credit Corporation at no expense to Commodity Credit Cwpc- etion. In witness whereof, the undersigned have executed these presents on the dates immediately below their re- spective signatures: �(S n E OF BO. ROWER) DATE_._ �u�<o (SI GNATI.¢RE OF BORROWERS SPOUSE) DATE DATE - g1Hp� wu� - -�.1e r H. E. MeL 'cel�ide>tit DATE *U. S. GOVERNMENT PRINTII.G OFFICE: 1356 0 -30a 366 KIND (WOOD, STEEL. ETC.) CAPACITY .`'(RU- SH.HCS__Or_,.'TONS) ryTYPE on the following descri real. estate situated in the County of -- — State of_ �Jp - -bn the of the— % of Section Township Range__ and, Whereas the borrower has agreed to give Commodity Credit Corporation or its approved lending agency a mort- gage lien on said storage structure: Now, therefore, the parties hereto do covenant and agree that such structures and equipment: 1. Shall remain severed from said real estate, and, 2. Even if attached to the realty, shall retain their personal character, shall be removable from the real estate, shall be treated as persona)_ property with respect to the rights of the parties, and shall not become fixtures or a part of the real estate; and, 3. Shall not be subject to the lien of any secr-ity transaction or instrument heretofore or hereafter rising against the structure or realty on which it is placed, urtii, (a) The expiration. of Commodity Credit Corporation's lien and any extension or renewal thereof; and, (b) Until_ repayment of said ioan. 4. Shall, if acquired l,y Commodity Credit Corporation throu�b foreclosure or other means, at the ontior, of the "wr-m od- ity Credit Corporation remain on the above described real estate for a period not to exceed six f5) months after the date of acquisition by Commodity Credit Corporation at no expense to Commodity Credit Cwpc- etion. In witness whereof, the undersigned have executed these presents on the dates immediately below their re- spective signatures: �(S n E OF BO. ROWER) DATE_._ �u�<o (SI GNATI.¢RE OF BORROWERS SPOUSE) DATE DATE - g1Hp� wu� - -�.1e r H. E. MeL 'cel�ide>tit DATE *U. S. GOVERNMENT PRINTII.G OFFICE: 1356 0 -30a 366