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MTV <br />Ai <br />COMMODITY CREDIT - U. S. DEPARTMENT -OF AGRICULTURE - STATE couI <br />CORPORATION FORM 297 COMMODITY STABIL- IZATION SERVICE <br />COMMODITY CREDIT CORPORATION <br />SEVERANCE" AGREEMENT SERIAL .ND. / = <br />Whereas , of ✓ o , <br />NAME BORROWER) - - -- \_ - - (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 <Lo�n for,;;L7repurpose " <br />;purchasing and erecting or constructing-the following storage structure, to -wit: <br />TYPE KIND (WOOD. STEEL. ETC.) CAPAC,GTY B.l) <br />(SHELS OR TO KS) <br />on the following described rea estate'smated in the County o <br />State of ,W"", -� - "g S <br />on the 6k��_4d :�c� iN of the °��//� % of Section <br />Township zz Range <br />1 <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 />r <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 option 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 />X <br />(SIGNATURE OFF BORROWER) OWNER OR <br />DATE DATE — <br />(SIGNATURE OF BORROWERS SPOUSE)' (AWHqbR--0 IENHOLDER) <br />DATE DATE /G <br />i <br />*U. S. GOVERNMENT PRINTING OFFICE: 1956 0 - 393366 <br />