Laserfiche WebLink
r'f f <br />COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE STATE <br />CORPORATION 'FORM 297 COMMODITY STABILIZATION SERVICE <br />"ffi= 1 =98i" _. " _"'- ...." - COMNtC1Dfi" 'FY"'C'ftE'D`I'1""COR'f'- O'RA-Tf N""' : ,-•".. <br />SEVERANCE AGREEMENT SERIAL NO. <br />48 --040— <br />/ :�) L.: 7 <br />COUNTY <br />4s Hall <br />Whereas, H. I. T. schjapr of <br />NAME OF BORROWER) <br />County of 'State of mil raska ""` bei i;a;aiter called the,,."Rorrower" <br />has applied .toy -the Commodity, Credit ,Corporation• .;far 'a ;Il:oan.•or iar Gee guarantee' of a: loan for the .;purpose <br />purchasing and erectin'g oi? constructing the''fol'lewing st6rag6 struce' lure, t, 4it: <br />TYPE KIND (WOOD, STEEL. ETC.) CAPACITY (BUSHELS OR TONS) <br />Columbian Bins Steel 5466 <br />on the „following described 'real estate situated` "in'the 'County'of Hall <br />State of Neb r on the, .. of ' t::e x'8ot�t1T West _ of Section <br />35 <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' st6rage structure: - <br />Now,'' there -fore, the parties hereto da: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 estaYe,.a[Idy, ..... <br />3. Shall n'o't be snbject:to the 1'ien of an y securi ty. transaction or instrument heretofore or hereafter rising against the <br />„structure or realt, on which t.is placed unti , .' <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'acq "Y'd'by Commodity Credit 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 (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 />THE PRU JENTIAL INSU LZ NCE CO. OF AY,L�RICA <br />( IGNATURE OF BORROWERS (0 NER L ENH4LDER) <br />DATE D(/ DATE <br />J <br />(SIIJGNATURE F BORROWERS SPOUSE) / (OWNER OR LIENHOLDER) <br />DATE �t / Uf 'tits, }��� �a/1+ DATE <br />AGRI -WASH <br />