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CONIftDI TY CREDIT U. S. DEPARTMENT OF AGRICULTURE STATE COUNTY <br />CORPORATION 'FORM ..297 COMMODITY STABILIZATION SERVICE <br />COMMO6rtY,CR561T LOFti?bRATfON <br />SEVERANCE AGREEMENT SERIAL No. <br />Whereas <br />of <br />kNA F BORROWER)•' (ADDRESS) <br />County of State of liei einafter calaed the "Borrower" <br />has appfied•:to the Commodity,Criadit Corporation forf,a -loan of for., tthe.•guarantee of aMloan for the .,purpose <br />purc as`iiig and erecting or' cons tructifig' the following storage "structure`,` t6 wil: <br />—__— _ TYPE <br />KIND (WOOD. STEEL. ETC.) <br />CAPACITY (BUSHELS OR TO,NS,J, <br />on the follow ing•descri,bed real estate situated in the County of <br />State of on the of the of Section <br />Tovanship <br />s <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 lieret.o 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.p.laced, 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 df ac•qu.isition 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 />r <br />I (SI GNATU E OF BORROWER) <br />DATE 2 <br />(SIGNATURE 0 ROWERS�SPOUS <br />DATE <br />AGRI -WASH <br />(OWNER OR L ENH•0 � ER) <br />DAT C_ <br />(OWNER OR LIENHOL 17 ) <br />DATE C Z L - .S If <br />