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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE <br />CORPORATION 'FORM 297 - _ COMMODITY STABILI.�A'�(q, <br />aSORPORAFLOI� �{ &RV10E, <br />oi61 =56) COM1a10fSj `""�i2Eiii "` <br />SEVERANCE AGREEMENT <br />STATE COUNTY � <br />SERIAL 140.. <br />3° <br />Whereas, of <br />N E OF BORROWER) 4 <br />�`� (ADDRESS ) <br />County of } State of r. ekeirtaft:er called the `Borrower" <br />has applied to the Commodity Credit Corpofal ion` for naFtt or` for LFtie ar n et'` of a Lo;n for the " "' <br />u ose <br />purclfasng aid' erecting or constructing ''the follawing'Sltorage stiructure, 'toS wits g P TF <br />TYPE KIND (WOOD, STEEL. TC.) CAPA,CII`y (BUS (1 EiLS �O R.,, TONS) <br />._. :.. .,. ..... r... <br />�- <br />if <br />92)0? <br />on the following escrzbl real estate situated in the County of " <br />State of pan <br />�c ' .. the t. o i' the �. , _ ?: <br />section <br />Tovmphi <br />.image <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 securityty 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 throw h 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 />' (SIGNAT E OF BORROWER) (OWNER OR L,7 ENWOL DER) <br />I / —� <br />DATE DATE <br />- (SIGNATURE OF BORROWERS SPOUSE / - (OWNER OR LIENHOLDER) / <br />DATE r G l' DATE z <br />S <br />.t <br />AGRI-WASH <br />