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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE STATE COUNTY <br />CORPORATION 'FORM 297 COMMODITY STABILIZATION SERVICE <br />COMMOO,I-TY ­GRE'B I-T 1CORPORAT4ON..,. ._,..._.,....... -. .. .,,..,.... <br />r, <br />SEVERANCE AGREEMENT SERIAL NO. <br />Whereas, of %0-plo <br />/ N M BORROWER) -- (AD'DRES'S -) <br />M1 - .T ,w <br />County of State off_''`'" hereinafter called the Borrower' <br />_. ,� <br />k. ` <br />has app�ied,..,to the Corm�odity;Cnedit;Gorporation fo "r.,"a;loan,ot for _the' arantee..of a,loan"for the purpose <br />pureshasing and :erecting on construct rig the foll -owing "storage "struc.>rtire'; "'td4it; <br />on the follo °des bed'real estate situated in'the County of�i <br />State of ' G_ /�r . 0 ),t1� - W . // ?_ <br />y _ 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' n­ 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 shal}_not become fixtures or a part of the <br />real estate; and., <br />3. Shall not be subject to the lien of any securityy transaction or instrument heretofore or hereafter rising against the <br />structure or realty on wbich 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. Sha1F; if acgnired"by Commodity Credit Corporation throu.gh,.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 />l <br />ti (SIGNATURE OF BORROWER) �� (OWNER OR LIENKOLDER) <br />DATE Nk Z_ �. �7� DATE <br />, <br />(SIGNATURE OF BORROWERS SPOODUS ) (OWNER OR LIENHOLDER) <br />DATE �� -i_ U DATE <br />AGRI -WASH <br />