|
COMMODITY CREDIT U. S. DEPARTMENT OF A(?RI9ULTWRE STATE
<br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE
<br />COMMODITY CREDIT CORPORATION
<br />SEVERANCE AGREEMENT -
<br />I COUNTY
<br />Whereas; of
<br />NAME 0 BORROWER) ADORE S
<br />Cloun ty State of— 10 --hereinafter called the "Borrower,
<br />has applied to the Commodity Credit Corporation for a oan or for the guarantee of a loan for the purpose
<br />purchasing and erecting or constructing the following storage structure, to-wit:
<br />TYPE KIND (WOOD. STEEL. ETC.) i CAPACITY IIIU,SHFLS OR TONS
<br />on, the following described real estate situated in the County of
<br />of :on the W of the t_:5_1e5 4 Of Se'ction
<br />7 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 it 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 seci-ity transaction or instrument heretofore or hereafter rising against the
<br />structure or realty on which it is placed, uptif,
<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 />4. Shall, if acquired by Commodity Credit Corporation through foreclosure or other means, at the option of the Commod-
<br />ity Credit Corporation remain on the above described real estate for a eriod not to exceed six f6) months after the
<br />date of acquisition by Commodity Credit Corporation at no expense to Eommodity Credit Corporation.
<br />In witness whereof, the undersigned have executed these presents on the dates immediately below their re-
<br />spective sip-natures:
<br />4.,
<br />(SIGNATURE OF BOR
<br />ow ER) (OWNEPAOR.LIENHOLDER)
<br />�7
<br />/DE O DATE
<br />TE FEEEiRa.
<br />i4p
<br />djAxL 2_,1e/LC_ By:
<br />(SIGNATURE OF BORROWERS SPOUSE)
<br />H. E 14cEvoy Tr —I"I
<br />DATE
<br />DATE 1,n ,
<br />cTJ. S. GOVE�WL':T PRL TLNG OFFICE: 1956 0- 393166
<br />"Al
<br />j.
<br />COMMODITY CREDIT U. S. DEPARTMENT OF A(?RI9ULTWRE STATE
<br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE
<br />COMMODITY CREDIT CORPORATION
<br />SEVERANCE AGREEMENT -
<br />I COUNTY
<br />Whereas; of
<br />NAME 0 BORROWER) ADORE S
<br />Cloun ty State of— 10 --hereinafter called the "Borrower,
<br />has applied to the Commodity Credit Corporation for a oan or for the guarantee of a loan for the purpose
<br />purchasing and erecting or constructing the following storage structure, to-wit:
<br />TYPE KIND (WOOD. STEEL. ETC.) i CAPACITY IIIU,SHFLS OR TONS
<br />on, the following described real estate situated in the County of
<br />of :on the W of the t_:5_1e5 4 Of Se'ction
<br />7 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 it 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 seci-ity transaction or instrument heretofore or hereafter rising against the
<br />structure or realty on which it is placed, uptif,
<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 />4. Shall, if acquired by Commodity Credit Corporation through foreclosure or other means, at the option of the Commod-
<br />ity Credit Corporation remain on the above described real estate for a eriod not to exceed six f6) months after the
<br />date of acquisition by Commodity Credit Corporation at no expense to Eommodity Credit Corporation.
<br />In witness whereof, the undersigned have executed these presents on the dates immediately below their re-
<br />spective sip-natures:
<br />4.,
<br />(SIGNATURE OF BOR
<br />ow ER) (OWNEPAOR.LIENHOLDER)
<br />�7
<br />/DE O DATE
<br />TE FEEEiRa.
<br />i4p
<br />djAxL 2_,1e/LC_ By:
<br />(SIGNATURE OF BORROWERS SPOUSE)
<br />H. E 14cEvoy Tr —I"I
<br />DATE
<br />DATE 1,n ,
<br />cTJ. S. GOVE�WL':T PRL TLNG OFFICE: 1956 0- 393166
<br />"Al
<br />
|