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COMMODITY CREDIT' U. S: DEPARTMENT OF AGRICULTURE ,\STATE COUNTY <br />CORPORATION 'FORM 297. COMMODITY STABILIZATION SERVICE <br />t, (6 -1 -56) COMMODITY CREDIT .. . RAT'I ON , 1. <br />SEVERANCE AGREEMENT SER AL NO. Ile <br />t- <br />Whereas, Cam' LL° o f _ �1✓( <br />AME bRROWER) ...(.ADDRESS). .. .... '.. <br />County of ,= St;ete of (.� ,... here.inifteY .called, the "Borrower" <br />has applied .to the Commodity Credit Corporation fora loan or..for the guarantee of a'loan for .the pw Tose <br />purch4sing and erecting or constructing the "foilowing,sCorage: structure, torwxt <br />_ TYPE KIND (WOOD STEEL 'ETC.) CAPACITY (BUSHELS OR TONS) <br />on the followa de Iribie.d real,,. estate: situated in the ;County. of <br />State .: of_,. � , . . O� 'p . thet :c . <br />SGCt70?, O <br />2 hip _ <br />t s'°ig2 <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 securityty transaction or instrument heretofore or hereafter rising against the <br />structure,.or realty.on.which it 1s '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`ac.quired -by Commodity Credit Corporation through foreclosure or other means, at the option of the Commod- <br />ity Credit Corporation remain on ihe' above described real estate for a period not to exceed six ( ") "tlis_ after the <br />date of acquisition by Commo"dity Credit Corporation at no expense to Commodity Credit ,,CorpoAAtion. <br />....... ..' ... . -. <br />In witness whereof, the undersigned have executed these presents on the dates irei�,yAdgw "pxhelr're <br />spective signatures: <br />THE FEDr <br />BY -! <br />H • L+ si?eAt <br />(SIGNATURE OF BORROWER) -" I <br />DATE - 10— 8 -58 DATE <br />y�i <br />Jj <br />>.. <br />(SIGNATURE OF BORROWERS SPOUSE) (OWNER OR LIENHOLDER) <br />DATE 10 -28 -58 I DATE <br />AGRI -WASH <br />