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COMMODITY CREDIT - U.S. DEPARTMENT OF AGRICULTURE <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERV[CE <br />(6 -1-56) COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT <br />STATE COUNTY <br />Nebraska Hall <br />SERIAL NO. <br />Whereas, Louie Hanousek of__ Shelton, 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 />KIND (WOOD. STEEL. ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />1 - Sioux Bin 18, Diam <br />Steel <br />1900 <br />1 <br />t <br />on the following described real estate situated in the County of <br />State of Nebraska on the T\TEa t <br />of th1____HW_W 14 of Section <br />33 ,Township 11 Range`—_ 12 <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 transaction or instrument heretofore or hereafter rising againstt the <br />structure or realty on which it is placed, urtii, <br />(a) The expiration of Commodity Credit Corporation's lien and any extension or renewal thereof; and, <br />(b) Until rep<:yment of said ioan. <br />4. Shall, if acquired l,y 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 sienatures: <br />(SIGNATURE OFF BORROWER.) (OWNER OR LIENHOLDER) <br />DATE --- _ October 5.1 1957 DATE -- <br />7 <br />(SIGNATURE OF BBO�R.�OWERS SPOUSE) (OWNER OR LIENHOLDE:�) <br />DATE - -- OCtOb @I� �2L_— DATE - - - - -- -- -- - <br />RU. S. GOVERNMENT P-TING OFFICE: 1956 O -30 ±366 <br />
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