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v <br />COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE STATE COUNTY <br />CORPORATION 'FORM 297 COMMODITY STABILIZATION SERVICE <br />. ^•- Ib4�561�^ -., ...:-.,; C© MM4' D! M'FA'r'^LrRE- dIT.MamR�+OR�tTH ®N � y� , <br />.SEVERANCE AGREEMENTi. SER I A NO. <br />Whereas, <br />NAM BORROWER) -.+�.. ♦.+.....,..,(.A19G'RES.S•t •...., <br />W � � nn� ' County of - '' — <br />erlci>iter ;xlled the „Borrower„ <br />has applZed to;ctlte GorrmodI ty Credit 'o�pp'r�ti�ut.; <.�o�a:•I"or# o�r.:forie,g)iaxa>7f~ee ,ofoan for the purpose <br />purciiasilg aadirereCE'3ng iir >�onstrtiotiig='•'ihe folfirivfhgUOrae "`scnrcr� tire;:: wt:,;ct i ;'. <br />TYPE KIND .(WOOD. STEEL. ETC.) CAPA,C'I TY SIJSFELS. 6R`TON¢) <br />on the following 'scri�leA real. estate situated in the C;ount!}oof <br />State of ( %t%a'1✓ <br />on the <br />Of t'o 1 of Section <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 ors'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 />(a) The expiration of Commodity Credit Corporation's lien and any extension or renewal thereof; add, <br />(b) Until repayment of said loan. <br />4. Shall;'if acgniied by Commodity .Gredit•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 P 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 />, 4�=C_ <br />'(SIGNATURE OF BORROWER) r ��.(�WN ER OR LI ENFbOL D�P )) <br />DATE DATE <br />- —r <br />�1 <br />(SIGNATURE BORROWERS SPOUSE) ' (OWNER OR LI ENHOL DER) J <br />DATE '��= J/ -/ '� % DATE <br />AGRI -WASH <br />