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C0'"k4OD1TY CREDIT <br />CORPORATION FORM 297 <br />(6 -1 -56) <br />U. S. DEPARTMENT OF AGRICULTURE <br />COMMODITY STABILIZATION SERVICE <br />COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT <br />_[COUNTY 1 <br />ERIAL NO. <br />ol <br />Whereas,!! �1���/ / 16 (✓ ��- /� of 1'1� �. <br />NAME OF BORROWER) 1- <br />County of (ADDRESS) <br />_ -__ _/t 4. State of ��� _ hereinafter called the "Borrower" <br />has applied to the Commodity Credit Corporation for a loan or for the guarantee of a loan.for' the purpose <br />purcl4sing anGl erecting or, constructing the following . storage structure,'to -wit: <br />6 <br />TYPE KIND (WOOD, STEEL. ETC.) CAPACITY (BUSHELS OR TO S) <br />on the followin desc •ibed real estate situated in the County of— z— <br />State — <br />. on tno 7 of the o�.� l of i. <br />Se c �' o <br />To�msldp _ _ i Q �' <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 hereto. do.cox.enant and agree that. such structures and equipment: <br />1 <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 dr 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. Sha11;;iI acgvireek:by Commodity Credit Corporation throwgb forecloswe or other means, at the opption of the. Commod- <br />ity Credit Corporation remain on tfie 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 ' <br />signatures: <br />(SIGNATURE OF B4O/RROWER�j <br />DATE <br />OA <br />GNATUREE OF BORROWERSS SP 9-- <br />(Sf SE) <br />DATE <br />/,�7 <br />L I ENROL R <br />DATE <br />DATE <br />ER OR LIENHOLDER <br />*U. S. GOVERNMENT PRINTING OFFICE: 1956 O - 79)]66 <br />