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a <br />y' S A �.' <br />1 <br />COMMODITY. CREDIT U. S. DEPARTMENT OF 'AGRICULTURE STI.TE CouN T <br />CORPORATION •FORM 297- COMMODITY STABILIZATION SERVICE <br />Ibd -56) COMMODITY�CREDIT CORPORAYfON <br />SEVERANCE AGREEMENT SE "'" <br />Whereas, of <br />AO RROWER) ,. � (ADDRESS)- <br />County of t State <br />Iof .• bereinafter.,called the "Borrower" <br />has applied .to' $h@ Cortmoditj Credit Corporation. for a. loan.,o,r for ,the .guarantee of a loan for the. -,pulTose <br />purchalsing and Qrect }n or.constr'uGting tie``follbwing's age st}rUctttre, to =wit . <br />TYP. KIND (WOOD, STEEL. ET .) CAPACITY ..(BUSHELS OR TONS) <br />1 _ <br />. I <br />on the followi d Bribed real estate situated in the County of <br />State of _ on the - ...- -- - ......_ O� <br />tine � . o4' Section <br />- 4tanship . i'a�ge <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 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 orrealty on which it is, plaed, untill, <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 Option of the Commod- <br />ity Credit Corporation remain bit'th'e-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) Q (DIANE YO R LIEN /LDER) <br />;DATE DATE <br />- - -� (SIGNATURE °F ORROWERS SPOUSE) (OWNER OR LIENHOLDER) <br />DATE LZ d%L aS t^S 6 $ c4 6 DATE <br />Ac RI -WASH. - - <br />
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