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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE STATE COUNTY <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE <br />(6.1 -56) - COMMODITY CREDIT CORPORATION c�*� <br />0 <br />SEVERANCE AGREEMENT SERIAL N0. �5iZ� <br />of <br />Whereas, <br />d — s <br />NAME OF BORROWER (ADDRESS) <br />County of of hereinafter called the " Borrower" <br />has applied to the Commodity Credit Corporation for a loa or for the guarantee of a loan for the purpose <br />I <br />purchasing and erecting or constructing the following storage structure, to -wit: <br />TYPE KIND (WOOD. STEEL, ETC,) CAPACi TY,'(•6USHELS.OR, TONS) <br />on the following de ribed > al estate situated in the County of <br />State of :on the �y of the ¢� �� _?. i of Section <br />Township— Range—__ _e� - - -- -- - -...- <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 seci ... ity 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 loan. <br />4. Shall, if acquired by Commodity Credit Corporation through foreclosure or other means, at the op ti 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 BO OWER) <br />DATE _ L / <br />(SIGNATURE OF BORROWeAs SPOUSE) <br />DATE -- �` -- .1 -) <br />(OWNER OR LI ErN�HOL DER) <br />DATE <br />(OWNER OR LIENHOLDER) <br />DATE-- -- --------- --- ----------- ------ - - - - - -- <br />4U. S. GOVERNMENT PRINT ING OFFICE : 1956 O - 111166 <br />