Laserfiche WebLink
COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE - STATE COUNTY <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE <br />(6.1 -56) COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT SE A NO. — <br />Whereas, / of <br />NAME 0 BORROWER): (ADDRESS) <br />County of__ State of // M 4 - L>Keinafter 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 />E. <br />TYPE <br />KIND (WOOD, STEEL. ETC.) <br />-- <br />CAPA£I TY- 060 SHE LS OR TONS) <br />�� <br />x <br />on the following described real estate situated in the County of <br />State of--74-i -:on the of the 151= i/ of Section <br />x r Township_ Range. — "J r <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 secr itv transaction or instrument heretofore or hereafter rising against the <br />structure or realty on which it is placed, u,-tit, <br />(a) Toe expiration of Commodity Credit Corporation's lien and any extension or renewal thereof; and, <br />(b) Until repayment of said ican. <br />4. Shall, if acquired by Commodity Credit Corporation throufh foreclosure or other means, at the option of the Commod- <br />ity Credit Corporation remain on the above described real estate for a period not to exceed six (b) months after the <br />date of acquisition by Commodity Credit Corporation at no expense to Commodity Credit Cirporatior,. <br />Tn witness whereof, the undersigned have executed these presents on the dates iimediately below their re- <br />spective signatures: <br />(SI GN_ATURE -�OF BORROWER) ' - -- (OWNER OR J NHOLDER)/ —_ — <br />DATE -- — �l _ rt DATE c�i _. —- - - - - -- -- — <br />(SIGNATURE-OF ,BJO %RROWERS :!SPOUS) (OWNER OR LIENHOLDER) <br />DATE '` DATE - -- <br />CU. S, GOVERNMENT PRINTING OFFICE: 1956 0-393366 <br />