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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE (STATE <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE <br />(6 -1 -56) COMMODITY CREDIT CORPORATION G <br />COUNTY <br />SEVERANCE AGREEMENT SERIALINO. <br />Whereas, of <br />NAME O7RdW ER) - (ADDRESS) <br />y< <br />County of_ State of - - -CC hereinafter called the' "Iorrower" <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.cgnstructing the following storage structure, to -wit: <br />TYPE KIND (WOOD. STEEL. ETC.) CAPACITY (BUSHELS OR TONS) <br />on the following described real estate situated in the County of�`� - <br />State of_ __ _ on the of the 1 ­____V of Section <br />i ,Township Range <br />arid, <br />Whereas the borrower has agreed to give Commodity Credit Corporation or its approved lending agency a mor°- <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 security transaction or instrument heretofore or hereafter rising against the <br />structure or realty on which it is placed, until, <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 through foreclosure or other means, at the op ti on 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 their re- <br />spective signatures: <br />DATE <br />THE IRUDENT►AL IHS I .TE Col PANY Of A'ML-11� <br />(OWNER OR LI ENHOL OERT, <br />DATE <br />DATE <br />OWNER OR LIENHOLDER) <br />CU. S. GOVERNMENT PRIINMING OFFICE: 1956 O - 393366 <br />