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COMMODITY. CREDIT U. S. DEPARTMENT OF AGRICULTURE STATE COUNTY <br />CORPORATION FORM 297. COMMODITY STABILIZATION SERVICE <br />.. <br />16 -t -5a) Comm&I TY CRE151'T 'CORPORAT,I ON <br />SEVERANCE AGREEMENT SERIAL NO. <br />-,411- o /, - 2 p:-9 <br />Whereas, / of fir c ". • . <br />N ME OF BORROWER) (ADDRESS) <br />County of State of hereinafter called the "Borrower" <br />has applied to the'Cm'mnodity Credit Corporation I for a °loan 6r for the guarantee of a.loan for the purpose <br />purchasing and erecting or constructing the following storage structure, to -wit: <br />TYPE <br />KIND (WOOD. STEEL. ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />on the folio de cribed real estate situated in the County of <br />State of .� . : o the _ .. of t' e 1 <br />_4 of Section <br />Totianchi? 1-2— _ '.an jc� - l l <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'Bereto 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 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 />If A-Il <br />�� r> <br />(SIGNATURE OF ORROWER) (OWNER-OR /LIENKOLDDDER) <br />D T r� ti c /�C J DATE <br />1 GNATURE OF BORROWER SPOUSE) (OWNER OR LIENHOLDER) <br />DATE <br />/ ' ATE <br />AGRI -WASH, <br />