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�W <br />COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE <br />CORPORATION 'FORM 297 COMMODITY STABILIZATION a.SERVICE <br />., <br />16 -t -56) COMMODITY' CRtDIT `CORPORAT.(ON <br />SEVERANCE AGREEMENT <br />Whereas, of <br />N BORROWER) (ADDRESS) <br />County of , , State of hereinafter' cal led the "Borower" <br />has applied .to >the'Gommodity Credit Corporation for J nn or *foi the guarantee of`a 1pan,for the pprp6se <br />purchasing and erecting or constructing the following storage structure to -wit: <br />T . YP5 KIND (WOOD. STEEL. ETC.) CAPACITY (BUSHELS OR TONS) - <br />. <br />on the following e cri d,real estate situated in the Count of <br />State of Cap the •�t y a� t'. e ^4 of Section <br />IV- <br />mm <br />0 <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, i <br />2. Even if attached to the realty, shall retain their personal character, shall be removable from the real estate, shall b`, <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 />9 <br />z ", n� � <br />Air± <br />IGNATURE OF B0, WER) (OWNER OR LIENROLDER) <br />DA E A DAT <br />�THf� PRIiDEN�f °1NSflRANGf6'CDA . . P . <br />s_, � AfVSERI �f <br />(SIGNATURE OF BORROWERS SPOUSE' (OWNER OR LIENHOLDER) <br />DATE y�4� _ �' ,; DATE A2 <br />AGRI -WASH <br />