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I.VMN IT ­­1 I <br />CORPORATION 'FORM 297. <br />U. a: vtrAKIMtN1 Ut AGKILoULILIKE <br />COMMODITY STABILIZATION SERVICE <br />COMMODITY• CRED'IT'-CORP0RAT,ION <br />SEVERANCE AGREEMENT <br />County of St. ate,'of he'reiha£ter called the " Borrower„ <br />has applied to the Commodity Credit Corporation fora ,loam or for. the guarantee of a -loan for the purpose <br />purchasing and erecting or constructing the following storage structure, 'to -wit: <br />TYPE <br />KIND ( OOD. STEEL. ETC.) <br />CAPACITY OR TONS) <br />/(BUSHELS <br />on the followin scrib�d real estate situated in the County of --—� '�_•% <br />State of r : on the _ of th e 1� 1 0� S eJ. - <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 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 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 opption 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: 7 ,{'• <br />/ <br />(SIGNATURE GN ATURE OFI BORROWER) <br />I � l (OWNER OR LIENKOLDER) <br />DATE 4� DATE <br />-� S GNATURE O�P 13O W WERS SPOUSE). (OWNER OR LIENHOLDER) <br />DATE Z-L -s�� DATEL�G�. <br />AGRI-WASH <br />