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01, .111 r9 <br />COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE TA 7E COUNTY <br />CORPORATION 'FORM 297 COMMODITY STABILIZATION SERVICE (J:S <br />•6t -5'5) COMMODITY "CREDIT CORPORA"T,I,ON. , <br />SEVERANCE AGREEMENT SERIAL N <br />Whereas, of teanor <br />NAME OF BORROW+ / (ADD SS) <br />County of. � �L, State of hereinafter, called the ; "..Borrower u <br />has applied .to the Commodity: Credit-Corporation for for the guarantee of a loan for the purpose <br />purchasing and erecting'or constructing 'the following -storage structure, 6-witi <br />TYPE <br />KIND (WOOD. STEEL. ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />on the following described real estate'sitnated in the County of.c�!_ -�C; / <br />State of %y7, -.ti, ;on the _.� _._.�oi the of Section <br />• � �' >, ` ova ohip _._.., �',�" ze �� u <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 tion of the Commod- <br />ity Credit Corporation remain on the above described real estate for a period not to exceed six op 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 />v l (SIGNAT E Or 90 ROWERR) <br />DATE <br />(SIGNA RE OF BORROWERSSOOUSE) <br />- sue. <br />DATE <br />AGRI -WASH <br />IRE PRO ,5ENOAL IiWi"A,i6c �u,i f�. Y a A�iLftlµl. <br />�7�/�.� /I <br />(OWNER 0 LIENHOLDER <br />DATE <br />DATE <br />OWNER OR LIENHOLDER) <br />
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