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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE STATE - COUNTY <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE <br />�O <br />(6-1 -56) COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT SERIAL NO. 44-10—' ,�A <br />Whereas,dl /54eevV, of�� <br />N OF BO.R WER) (ADDRESS) <br />County of State of 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 />I <br />on the follows described reel] estate situated in the County of <br />State of br' j 5e,4 : on the of the % of Section <br />Township / Range— : <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, 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 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 their re- <br />spective signatures: <br />\ _ (O <br />( GNATURE`OF BORROWER) ) W NER OR LIENHOLDER) _ <br />DATE _ _ DATE -------L� - =� <br />DATE <br />(SIGNATURE OF BORROWERS SPOUSE) (OWNER OR LIENHOLDER) <br />DATE - -- -- - <br />OU. S. GOVERNMENT PRINTING OFFICE : 1956 O - 393366 <br />