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,~ COMMODITY caE'oIT <br />U.' S. DEPARTMENT'•OF AGRICULTU E STATE couNTv <br />% "CORPORA:T I ON <br />TO 297 COMMODITY ST'AE I L.I ZAT I ON SERV,I CE : <br />»..cs- ,= sst-'° ...� eoMMOD►�Y-•caeo rr^�co�er'orr�t7•�•ofr . <br />SEVERANCE AGREEMENT SER I AL c 0. <br />7Whereas, ;sC° r• <br />of ....S <br />AM F. BORROWER)' '(ADDRESS) <br />f µ State of he ;413►a.6a eal,lerl the !, borrower't <br />has a . <br />ppfied to- the Commodity ;L edit Corporation for. >if an, 6r foT the guarant66 of a- loan for` the, purpose <br />puroha'siing'and; erecting or constructing-- the'•fvilbwing storage" st'ructitre, "td` -i it. ` <br />TYPE KIND (WOOD, STEEL. E C.). -' CAPACITY (BUSHE4S, OR TONS) <br />on the folloivin d sc�rijled. real ea'tate situated in the County of ' <br />State of--� r rQ o thee_._..' <br />oy t' e `4 of Section <br />`ho nshi ilk Pa e . <br />..,.. . - ... and, <br />Whereas the borrower has agreed to give Commodity Credit Corporation or its approved lending agency a mort= <br />gage lien' said storage structure: <br />Now,Ahere,fore; the parties.hereto do covenant and agree that such structure's 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'io 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 the and,_ <br />(b) Until repayment of said loan. <br />4. Shall,'if acgn red "by Commodity. - Credit Corporation•tbrough foreclosure or other means, at the option of tlr`e '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 />f ry <br />I (0"WNER OR LIENFbOLDER) <br />DATE kf i _ Grf�S <br />DATE <br />(OWNER OR LIENHOLDER <br />
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