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COMMODITY CREDIT U.S. DEPARTMENT OF AGRICULTURE STATE COUNTY <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE - - <br />(6 -1 -56) COMMODITY CREDIT CORPORATION <br />Nebraska Hall <br />SEVERANCE AGREEMENT <br />SERIAL NO. <br />48 -040 J.W%' /a / <br />Whereas, Charles McDonald of __WQo RivarTTlebraska <br />NAME OF BORROWER) (ADDRESS) <br />County of___ Hall_ State of Nebraska _hereinafter called 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 />1 - Belien Crib <br />Steel <br />_2000, bu. <br />16'6" x 20' <br />_ <br />i <br />I <br />on the following described real estate situated in tie County of _ 1-b 11 — __ <br />State of__ —_ ?leh.ra.,l a _ _ on the of the t`1' r % of Section <br />.T <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, tl..e 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 cec,-,ity transaction or instrument heretofore or hereafter rising against the <br />structure or realty on which it is place;, u: tii, <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 />d. Shall, if acquired by Commodity Credit Corporation throe h foreclosure or other means, at the option of t;:e Commod- <br />ity Credit Corporation remain on the above described rea. estate for a period not to exceed six r6) mon.ths after the <br />date of acquisition by Commodity Credit Corporation at no expense to Commodity Credit Corp oration. <br />Tn witness whereof, t1..- undersigned have executed these presents on the dates immediately helow their re- <br />spective sicnatures: <br />(518NNA RE OF, .BORROWER) (OWNER 0 �I FNHOL DER) <br />DATE f —� - -- / DATEi - - -- — - - - - -- <br />1 <br />(SIGNATURE OF BORR WERS SPOUSE) (OWNER OR LIENHOLDER) <br />DATE - - / DATE _ -- -- -- <br />CU. 5, GOVERNMENT PRINT G OFFICE: 1956 O - 393366 <br />