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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 />Nebraska <br />SERIAL NO. <br />COUNTY <br />Hal 1 <br />Whereas, E. B. Stoeger of Cairo_____ <br />NAME OF BORROWER) (ADDRESS) <br />County of Hall , State of Nebraska _ hereinafter cah ed'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 — crib 1612" dia. x 12' ht. <br />KIND (WOOD, STEEL. ETC.) I CAPACITY (BUSHELS OR TONS) <br />Steel Frame (Wire) j 1100 bu. <br />on the following described real estate situated in the County of -Hall___._____________ <br />State of__ Nebras a on the— X12 of the �N t <br />- -- – - -- - -- _ / of Section <br />Township 2 Range— <br />and, <br />Whereas the born w er has agreed to give Commodity Credit Corporat.i-on or its approved lending agency a m( --t- <br />gave 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 anv secr-ity transaction or instrument heretofore or hereafter rising against the <br />structure or realty on which it is placed, U. til, <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 throu�h foreclosure or other means, at the ontion of the Conuuod- <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, LI,,- undersigned have executed these presents on the dates immediately 1xetow their re-- <br />y <br />spec tive siena.tnre =: <br />(SI GNAT RE OF BORROWER) <br />DA T - - - - - -- __ _/ `- <br />��- <br />(SIGNATURE OF BORROWERS SPOUSE) <br />DATE - - - -- --- - - - - -- --- -- ` <br />TIE MUSENTIAt t1RA CE cempARY YMCA <br />r <br />(Oh7ER OR L LN.I/ DER) <br />DATE <br />DATE <br />(OWNER OR LIENh'OL DER) <br />_U. i, GO\'T_RNMFNT P1,1NIING OFFICE: 1- ­3" <br />