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f <br />k, <br />COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE STATE COUNTY <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE <br />COMMODITY CREDIT CORPORATION <br />O <br />SEVERANCE AGREEMENT SERIAL NO. <br />Whereas, of ��' - -��f 4�it�y <br />N ME CF OR 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 '(BUSHEL'S OR TONS) <br />GONo M �x'y <br />I <br />on the follow desc bed real state situated in the Cout1>y of <br />State of `- -r -�'i i��.��'� on the °�- of the % of Section <br />Township Range__ 1.12 <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 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 o�tion 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 />(SIGNATURE OF BORROWER) <br />(SIGNATURE OF BORROWERS SPOUSE <br />DATE <br />D OWNER OR n /IENH LDERL) <br />/ <br />DATE �^- / -- — <br />DATE <br />OWNER OR LIENHOLDER <br />*U. S. GOVERNMENT P-TING OFFICE : 1956 0 - 393366 <br />