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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 A 1 COUNTY <br />SERIAL N0." <br />Whereas, vC/Gy Y. jzgdf ��/ of <br />NAME O' OWER) (ADDRESS) - <br />County of_- , State of_ inafter tailed 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 />KIND (WOOD, STEEL. ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />/_ <br />0 <br />I <br />on the following described real estate situated in the County of <br />State of on the of the G= !� ?/ of Section <br />/� <br />Township % Range_ —_— / 1__ <br />, and, <br />Whereas the borrower has agreed to give Commodity Credit Corporat.ioil 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 secr =r- ity transaction or instrument heretofore or hereafter rising against the <br />structure or realty on which it is placed, ur:til, <br />(a) The expiration of Commodity Credit Corporation's lien and any extension or renewal thereof; and, <br />(b) Until repayment of said ioan. <br />4. Shall, if acquired by Commodity Credit Corporation tbrou�b foreclosure or other means, at the 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 Corporation. <br />In witness whereof, the undersigned have executed these presents on the dates immediately below tlie;r re- <br />spective signatures: <br />(SIGNATUR OF BORROWER) <br />DATE— - -- <br />((51 GNATURErCF BOR ROWE7-S SPO ) <br />DATE - - -- �` (�l f ✓ / <br />DATE <br />DATE <br />__ -- (OWNER OR LIENHOLDER) <br />(OWNER OR LIENHOLDER) <br />*U.S. GOVERNMENT PI1IN FV G OFFICE: 1956 O - 303366 <br />