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en the followi described real estate situated in the County of <br />State of _ _: on the the <br />of Section- <br />n 1 <br />o C' ,Township /I . Range-- /Z^ <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 securityy transaction or instrument heretofore or hereafter rising against the <br />structure or realty on which it is placed, urtil, <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 opption of the Cemmod- <br />ity Credit Corporation remain on the above described real estate for a period not to exceed six I6) 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 />%%(SIGNATURE OF BORROWER <br />DATE. / D-- = <br />(SIGNATURE OF BORROWERS SPOUSE) <br />DATE le ' / / 3 7 <br />I <br />c: <br />(0 NER OR LI ENHOL DER) <br />DATE <br />DATE <br />OWNER OR LIENHOLDER <br />_ Cli. S. GOVERNMENT PRLNTLNG OFFICE : 1956 O - 393366 <br />"COMMODITY - CREDIT U. S. DEPARTMENT OF AGRICULTURE <br />STATE COUNTY <br />CORPOBAr19N FORM 297 COMMODITY STABILIZATION SERVICE <br />COMMODITY CREDIT CORPORATION <br />r <br />SEVERANCE AGREEMENT <br />BER1 "` " °.l jof�L /� <br />Whereaa,LL.Lr� �C�Ll/ /1 / /,� of <br />AME 0 ORROWER) <br />- - of <br />- ADDRESS) <br />County of_ _ State of <br />e _hereinafter called the " Borrower" <br />has applied to the Commodity Credit Corporation for a loan or <br />for the guarantee of a loan ,for the purpose <br />purchasing and erecting or constructing the following storage <br />structure, to -wit: ti <br />TYPE <br />KIND (WOOD, <br />STEEL, ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />/- <br />AP'7 c- <br />en the followi described real estate situated in the County of <br />State of _ _: on the the <br />of Section- <br />n 1 <br />o C' ,Township /I . Range-- /Z^ <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 securityy transaction or instrument heretofore or hereafter rising against the <br />structure or realty on which it is placed, urtil, <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 opption of the Cemmod- <br />ity Credit Corporation remain on the above described real estate for a period not to exceed six I6) 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 />%%(SIGNATURE OF BORROWER <br />DATE. / D-- = <br />(SIGNATURE OF BORROWERS SPOUSE) <br />DATE le ' / / 3 7 <br />I <br />c: <br />(0 NER OR LI ENHOL DER) <br />DATE <br />DATE <br />OWNER OR LIENHOLDER <br />_ Cli. S. GOVERNMENT PRLNTLNG OFFICE : 1956 O - 393366 <br />