|
�.,�• tc�k' "a s r~srVi r TW sue* x 9!'
<br />9r n ! 3MJUt is gr4
<br />- r fi�'3
<br />COMMODITY CREDIT L. S.': EPA.RTMENT OF IA.GR tC�L,IURE STATE ). r . COU'N TY��ez k / & �A
<br />" {
<br />CORPORATION FORM 297 COMMOD I TY STA @`I L I ZAT IsON SERV I CE _ ,� 7 `v ...... r ,!
<br />(6- tt5¢). C9MIM09tZi CRE t7 P,0kP 04fap!�
<br />-. •: �,Tr z - 'v: a�1f yeb•A� +,7'd - x n. ' `� �i
<br />.:4l�tx
<br />SERIAL NO ,� — °, £f
<br />SEVERANCE AGREEMENT x
<br />Whereas, Paul A. QuisenberrSr, J4*': of Alciay Debraska
<br />NAME OF BORROWER).` ., c ,., <;:a ... 777777777777 '. .... "(.ADDRESS) ,,
<br />County of Hall ' , State of .]lTe$ska> hereinafter called the "Borrower"
<br />has applied to theommodity Credrt CAtporataon for a loan or ,for the guarantee of aloan� for the prirpose
<br />purchasing,.and. erecting or, constructing the_f0 oavjmg. Sto slge structure, .to ,wit
<br />TYPE KIND (WOOD, STEEL. ETC.) CA), C W " S.HECS OR. TON.SI
<br />1 Columbian Bin
<br />Steel
<br />X00 13u....
<br />on the following, described real. estate situated in the County of Helll
<br />State 'of Nebraska
<br />t on the t of ' Sectior_
<br />_East
<br />6 , Townslydp 10 mange 10
<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 shail.not become fixtures.oe`A part of the
<br />real estate; and,
<br />3. Shall not be- aubject to the lien of any security transaction or instrument heretofore or hereafter rising against the
<br />structure of 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; ffaequ'ired by Commodity. Credit Corporation .through,�ore.closure 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 />FOF
<br />(S ONATURE BORRO R) (OWNER Oii ENHOL,DER
<br />��
<br />Ap 1 11 195$ DATE (%} l l S
<br />DATE
<br />f
<br />_ l
<br />< (RE 0 BORROWERS SPOUSE) �\ (OWNER OR LI ENHOLDER)
<br />DATE April 11, 1958 DATE April 11, 1958 �1
<br />RU. S. GOVERNMENT PRINTING OFFICE._j956 O- 393366
<br />
|