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COMMODITY. CREDIT U. S. DEPARTMENT OF AGRICULTURE' STATE 'COUNTY <br />CORP)1RATION 'FORM 297 COMMODITY STABILIZATION SERVICE <br />18-1 +'561 COMMODITY "CREDIT° CORPORATION "^ A <br />• AC-NO. .. <br />SEVERANCE AGREEMENT SERI <br />e -/a -- ---?-7el <br />Whereas, // �i�n (57 11 �� Of <br />NAME OF BORROWER) A <br />DD SS) <br />( <br />County,of / �.G State of heretnaf er c4lled the ".Borrower" <br />has applied to the'Corrmodity Credit Corporation:fora : l an .or for the guarantee of a.;l.oan for-the purpose <br />purchasing and erecting or constructing the following storage structure; to =wit: <br />TYPE KIND (WO STEEL. ETC.) CAPACITY (BUSHELS OR TONS) <br />on the follo�y' gsr ed•real';estate situated in th `'County of - <br />State of /� ` _ Y <br />on -the of :the i <br />'hbhshi� �2• of :Section <br />... _ •.• - � and, <br />Whereas the borrower has agreed to give Commodity Credit Corporation or its approved lending agency a mlort'. <br />gage lien on'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 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 />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- -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 datemrreaat,Qfy`1ow their re- <br />spective signatures: 4). <br />�`� <br />THE FEDERAL, I,&NP F�Ai+� p'� <br />k 3v d r <br />By <br />c7 <br />(SIGNATURE OF BORROWER) Wilbur � L •N,HQLD _. a , <br />DATE - _ W UUi <br />10 9 5A DATE ., ,� <br />SIGNATURE OF BORROWERS SPOUSE) (OWNER OR CI ENHOLOER) <br />DATE 0 -9,-58 DATE <br />