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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE <br />CORPORATION FORM 297 COMMODITY STABILI- ZATION SERVICE <br />(6 -1-56) COMMODITY CREDIT CORPORATION <br />Whereas, <br />SEVERANCE AGREEMENT <br />NAVF,OF BORROWER) <br />f <br />G )\ <br />STATE � COUNTY .. <br />� NO. O <br />SERIAL L NO. <br />ADDRESS) <br />d <br />V <br />County of State of reinafter 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 />CAPACI TY (BUSHELS OR TONS) <br />on the following described r estate situated in the County of G <br />State of�s. <br />� on the Vy l of the c-5 � % of Section <br />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 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 Dot 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 opption 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 />(S /IG/NATU RR9 OF BORROWER) <br />DATE <br />r / <br />/(SAY ATURE OF BORROWERS SPOU ) <br />DATE <br />(OWNER OR LI ENHOLOER) <br />DATE J' ` J 7 - -- <br />DATE <br />OWNER OR LIENHOLDER) <br />AU. S. GOVERNMENT PRINTING OFFICE : 1956 O - 393366 <br />