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COMMODITY CREDIT U. S: DEPARTMENT OF AGRICULTURE ISTATE COUNTY <br />CORPORATION 'FORM 297. COMMODITY STAB ILIZATION,.SFRVICE <br />COMM0151'7Y " "Ck l t 'CDR PO RAT ION <br />• <br />SEVERANCE AtiREEMENT <br />5ERIAL RO. <br />W/ o <br />Wherea of <br />NAME OF BORROWER) 9 (AD.DR SS,) <br />County of t�G� State ofT- !1 /?��� hereinafter- called'. the "?o>hrower�, <br />has applied to the Commodity'' "Credit Corporation ".for a loa or for the.. "guarantee of ,a Toan for the purpose <br />purchasing'and'ef�ecting or constructing the following storage structure, to -wit: <br />TYPE <br />KIND (WOOD, STEEL. ETC.) <br />CAPACITY (BUSHELS OR -TONS) <br />( <br />on the followin described real estate situated in the ounty o <br />State of �%� �• : on the �° of t ?�e �° _4 o� Section <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 />i <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 securityty transaction or ins trument:heretofore or hereafter rising against the, . <br />structure or1 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, ii 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: <br />T�� t'FUizldl►tii. iftS�t� :��� . �i... t,: �t ksl�ir�E4 <br />SIGNATURE OF BORR A (OWNER J0 LIER) <br />DATE DATE <br />(SIGNATURE OF BORROWERS SPOUSE) <br />DATE /, DATE <br />AGRI-WASH <br />OWNER OR LIENHOLDER <br />
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