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7 z �' <br />COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE STATE COUNTY <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE <br />617 t61L58h', COMMODITY "- CREt)t'T''C 'RvoirA -fTOt{ <br />SEVERANCE AGREEMENT SERIAL NO. <br />JL ` <br />Whereas, of <br />N, N ORROWER) :' (AODRES ) <br />County of State of " hereinafter,called the "Borrower" <br />has applied, to. the Commodity Credit, Corporation for• a joan•.br for the guarantee of a loan %f6t' the purpose <br />purchasing and erecting or• constructing ' the- ,frillowing''storage'structure,' to -wit: <br />(. <br />TYPE <br />KIND (WOOD, STEEL. E C.) <br />CAPACITY (BUSHELr9 OR TONS) <br />on the follow' es'c bed real e's'tate situated in the County 6f J`f't- <br />State of <br />on the �o� the of Section <br />107 ship _ _ r`''ye <br />n . _ <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 bereta.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 Iien 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,re$ewal.thereof; anal, . <br />(b) Until repayment of said loan. <br />4. Shall, -if abgriired 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 />� o <br />42 <br />J51GNATUR OF BORROWER) (0 OR LIENNOLD ) <br />DATE ' / J� DATE <br />(SIGNA OF BORROW SPOUSE) C/ <br />(OWNER OR LIENHOLDER) <br />DATE <br />i <br />Ac RI -WASH <br />