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THIS AGREEMENT, made and entered into this . %� y day of <br />1958, by and between WOOD RIVER GRAIN COMPANY, a Partnership, of Wood River, <br />Hall County, Nebraska, hereinafter referred to as "the Partnership ", Party <br />of the First Part, and BANK OF WOOD RIVER, a Nebraska Banking Corporation, <br />hereinafter referred to as "Bank ", Party'of the Second Part, <br />WITNESSM: That <br />WHEREAS, the Partnership is the owner in fee simple of the following <br />described real estate situated in the County of Hall and State of Nebraska, <br />to -wit: <br />Fractional Block Three (3) in MacColl <br />and Leflang *s Second Addition to the <br />Village of Wood River, as surveyed, <br />platted and recorded, ' <br />on which real estate there are located the following buildings, to -wit: <br />One (1) Strand steel quonset grain storage <br />building, 300 feet in length and 40 feet <br />wide with a capacity of approximately <br />140,000 bushels; <br />One (1) Strand steel straight side -wall <br />steel storage building, 260 feet in length <br />and 60 feet wide, with a capacity of <br />approximately 260,000 bushels, and <br />WHEREAS, the Partnership has executed and delivered to the Bank its <br />Chattel Mortgage of even date herewith securing a promissory note of the <br />same date in the principal amount of One Hundred Twenty Thousand Dollars <br />($120,000) covering the above described buildings, and it is the intention <br />and agreement of the Parties hereto that said mortgaged property shall be <br />considered solely as personal property and not as realty. <br />NOW, THEREFORE, in consideration of the premises and of the Bank <br />extending credit to the Partnership as set forth above it'is agreed between <br />the parties as follows: <br />1. The said above described mortgaged buildings shall be considered <br />solely as personal property and shall not be considered as a part of the <br />above described real estate, no matter how attached. <br />