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r <br />COMMODITY CREDIT '" U. S. DEPARTMENT OF AGRICULTURE STATE COUNTY. <br />CORPORATION 'FORM 297 COMMODITY STABILIZATION SERVICE <br />(b1.56): '°.•........ COMMODI 'TY"'CRE'D'IT•.,CORMRA"FIDN <br />SEVERANCE AGREEMENT SER ` " °• <br />17d5L4 -,,.I <br />Whereas, \ of � `�,�- �...,.. '. <br />NAME 0 BORROWER) '� ADDR S <br />County of , 7 of " "" heileir;after "called the "lorrorrq wer" <br />has applled.,to thecCommodity :Credit.CoTporation fos a Ioan.or'for the ­ <br />purchasing a,loan for the,-purpose <br />purchasing and'erecting or constructing the following ^storage sti'ivcture, t6-' wit:'" <br />TYPE KIND (WOOD, STEEL. ETC.) 'CAPACITY'(-BUSHELS'OR TONS) <br />on the follow' described real estate situated in the County 'bf. <br />State of..... � �� <br />} on the � �.. o� the _�. of Section <br />Tovanchi <br />and, <br />Whereas the borrower has agreed to give Commodity Credit Corporation or its approved lending oeency a mort- <br />gage lien on said storage structure: <br />Now, therefore, the parties - herew 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, an&shall not become fixtures • or 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 />stru.ctur'e 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. Shalf,' if acquired by Commodity Credit 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 />SIGNATURE OF BORROWER)_ / (OWNER OR LIENHOLDER) <br />DATE t'_/ DATE <br />1 x <br />(SI GNA TU OF BORROWERS SP USE) (OWNER OR LIENHOLDER) <br />._ <br />DATE. DATE - <br />AGRI -WASH <br />