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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE STATE COUNTY <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE <br />46 -1-56) COMMODITY CRED I T CORPORATION Nebraska Hall <br />SEVERANCE AGREEMENT I SERIAL NO. <br />48= 040 -127 <br />Whereas, Charles McDonald , of Wood River, Nebraska <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 />1 - Behlen Crib <br />1616" x 20' <br />KIND (WOOD. STEEL. ETC.) <br />Steel <br />on the following described real estate situated in the County of __ — Nall <br />Nebraska PAT <br />State of____.____ — —. nn the of the <br />CAPACITY (BUSHELS OR TONS) <br />2000 bus <br />_1/ of Section <br />19 Township 11 Range 11 _ <br />and, <br />Whereas the borrower has agreed to give Commodity Credit Corporation or its approved lending agency a mort- <br />gage lien oft 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, arid, <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 ary transaction or instrument Desetofore or hereafter rising against the <br />structure or realty on which it is placedi, In tii, <br />(a) The expiration of Commodity Credit Corporation's lien and any e�%.tension or renewal thereof; and, <br />(b) l ntil rer<:yment of said ioan. <br />4. Shall, if acgtured by Commodity Credit Corporation throufh foreclosure or other means, at the op m <br />option of the Clm"d- <br />ity Credit Corporation remain on the above described real estate for a period not to exceed six t6) months arter the <br />date of acquisition by Commodity Credit Corporation at no expense to Commodity Credit CwTo at on. <br />T <br />n witness whereof, the undersigned have executed these presents on the dates irmediately i,eiow L1leir re- <br />spective signatures: <br />(SIGN TURE 0. BORROWER) <br />DATE ---October 7. 1957 __ <br />(SIGNATURE OF BORROWERS SPOUSE) <br />DATE __ __0Ct0ber_--7.,- 1-95 <br />(OWNER OR LI ENHOLDER) <br />DATE <br />(OWNER OR LIENHOLDER) <br />DATE ------ - - - - -- <br />*U.S. GOVERNMENT P!:IN'I ING OFFICE: 1956 0­301166 <br />