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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE STATE COUNTY <br />CORPORATION FORM 297 COMMODITY STABILIZATION TION CORPORATION <br />SERVICE 6 <br />(6 -1 -56) COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT A[AL NO <br />In A <br />Whereas, / f lop - -_ -- - _ —- <br />NAME CF <br />OWE R) (ADDRESS) <br />County of_- State of �c� reinafter called the "%. rrower" <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 KIND (WOOD. STEEL. ETC.) I CAPACITY (BUSHELS OR TONS) <br />on the following de sc bed real estate situated in the County of _y - -- - - <br />State of_ -:on the of the '— i/ of Section <br />Township Range---- _42 <br />and, <br />Whereas the borrower has agreed to give Commodity Credit Corporation or its approved lending agency a mort- <br />gage lien on said storage structure: <br />Now, therefore, t'1le parties hereto do covenant and agree that such structures and equipment: <br />I. 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. Sball not be subject to the lien of any Pec, -it,, transaction or instrument heretofore or hereafter rising against the <br />structure or realty on which it is placed, <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 option of the Co=mmod- <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 to expense to Commodity Credit Corporation. <br />In witness whereof, the undersigned have executed these presents on the dates immediately l,elow their re- <br />spective signatures: <br />(SIGNATURE] F BO /R ROWER) (OWNER OR IENHOLDER) <br />DATE — .-- �!_1 -1� DATE - -- --- -- - -- - - - - - -- - - - -- <br />_ t <br />(SIGNATUJ OF' BORROWERS SPOUSE) <br />DATE <br />DATE <br />(OWNER OR LIENHOLDER) <br />*J. S. GOVERNMENT PRIl'I IG OF'F'ICF : 195 O - 393366 <br />