Laserfiche WebLink
1 yifu <br />w h _ t <br />coMMOD.Iry CREDIT U. 5.�DEPARTMENT OF`AGR)CO;LTURE ,� STATE Cot}NrY <br />CORPORATION FORW 297 COMMODITY STABILIZA710N�'SERVICE r« rw }.,� <br />16f E61 COMM0f71'fY":CRti'i111" "CdRIiA f 18N " „ <br />SEVERANCE AGREEMENT SERIAL <br />Or: <br />Whereas, f _:.... ; . . <br />NA OF BORROWER): (ADDRESS) <br />County .of� '' ,� State of 4 hereaadiev Called the t'BOrroWer" <br />has applied ,to, the Commodity G'red t orporatiorf fora 1`oars 'b7' og the? guarantee oi'' a loan' for the purpose <br />purer "ing and ereitting 'or` constructit)g'the following` "tstora e:Pstivcture, to` -wit: ' <br />E KIND''(WfnD,- STEEL, TC..) CAPAC1,TY (BU$HE..S ORS.; TONS) <br />og <br />A <br />on the.,following scr real estate situated in the County Of <br />State of on the ofho'�Z- ��� -+'J- -1 <br />w p, Section <br />�io:zdhp 1,zange <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 heretard6.coyenant 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 security, transaction or instrument heretofore or hereafter rising against the <br />.structuke or realty 'on which it is plaoed,`unti ,. <br />(a) The expiration of Commodity Credit Corporation's lien and any extension or renewal thereof; <br />(b) Until repayment of said loan. <br />4. Shall;•if acquired "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 />IV Z <br />I GNATURE OF BORROWER) (OWN R OR LENHOLDER) <br />_72:jZ,:1 DATE DATE <br />(SI GNA F BORROWERS SPOUSE) / (OW R OR LIENHOLDER) <br />DATE L" e DATE <br />AGRI -WASH <br />