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3 ;a <br />RPORATIrv.criEpl "r U S.` DEPARTMENT OF AGRICULTURE STATE; <br />'CORPORATION FORM 29% COMMODITY, STAB LL" I ZATION ;SRyICE;.._ COUNTY <br />° .• (4-t ��) r° -- • . _ _ CAMMOD I TY,••R�D LT 'GORP_ORA710H'. <br />SEVERANCE AGREEMENT SERIAL' <br />:. <br />Whereas, <br />41INA.9F ;BORROWER). •- (- ADDR {S$) ' <br />County of ,•.'State, of hereinafter ealled( the "fBorrower" <br />has applied .to the 6o10000Ci6d t Corporatxon•.for•a.loan orSfor the guarantee, of':a loan:rfoc.'the.puz ose <br />purchasing, and ,erecting .or; constructing; th6JOIlowIng, storage,• structure, to- wit :. , <br />TYPE <br />KIND(WOOD. STEEL. ETC.). CAPACITY (BUSHELS OR 'TONS) <br />on the follo desc bed real, estate situated, in the County of <br />State of ` <br />on the of the <br />— =- 'Kof Section <br />r _ a To�msiiP__ flange <br />Whereas the borrower has agreed to and, <br />g 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 />.F <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 security transaction or instrument heretofore or hereafter rising against the <br />structure orrealty -on which it is placed, until; <br />(a) The expiration of Commodity Credit Corporation's lien and ann y 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 />. r <br />NRE OF ORROW - <br />Dy�A,T�E <br />S GNATUR OF JBORROWERS SPOUS <br />DATE/ 'AL <br />' NOR S MtT2[TAL LIFE INSURANCE co"'P-AN <br />BY: G T <br />Manager of OU IAn$NHOLDER) <br />DATE <br />DATE _ <br />OWNER OR LIENHOLDER <br />4U. S. GOVERNMENT PRINTING OFFICE : 1956 0 - 393366 <br />
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