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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE <br />CORPORATION 'FORM 297 COMMODITY STABILIZATION SERVICE <br />Ib1 -56) COMMODITY CR -EDIT CORPGRATION <br />SEVERANCE AGREEMENT <br />Where <br />of <br />IAL <br />4 , X20 <br />COUNTY <br />(NAME OF BORRO'(/ER) `.... ^(•A DD 9L S'3) "'f - -.- <br />County of / State of hereinafter called the"" l3orrowen" <br />has applied to the Commodity Credit Corporation..for,a,- "or for "the guarantee of a loan for the purpoFe <br />purchasing'and erecting or constructing the following storage :structure,.-to. -wit; <br />TYPE <br />KIND (WOOD, STEEL, ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />on the followin . cribed real. estate situated in `the County ' of /_ x J <br />State of:on the .: o� the, 1 f S <br />_,:r o� ection <br />. , o,.,an ^hip n_ <br />and, <br />Whereas the o r o give Commodity Credit Corporation or its approved lending agency a mort= <br />gage lien on said st ge structure:- <br />Now; -: therefore, the parties hereto -do covenant and agree . that such structures and equipment: .r <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, shalit 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; apd, <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; and, <br />(b) Until repayment of said loan. <br />4. Shall, if `acquired by Commodity..,Cre.dit.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 />c.(SIGN TUR OF RROWER) <br />DATE <br />(SIGNATURE OF BORRO�I RS SPOUSE) <br />DATE �?— <br />AGRI -WASH <br />THE PRUDENTIAL SURANGE GoMP�+VE I � <br />(OWNEERR` OR LIEN ER) <br />DATE ^ y <br />(OWNER OR ENHOLDER) <br />X - <br />DATE <br />s. ,�- <br />