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006-273
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.2 , st <br />COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE STATE COUNTY <br />CORPORATION 'FORM 297 .COMMODITY STABILIZATION SERVICE <br />COMMODITY CRED I T CORPORATION <br />SEVERANCE AGREEMENT I SER I AL NO. <br />Wherea ,- 2 1�. of ' - -� - <br />,OR ROWER) VD RESS) ' <br />County of__ ;� ,State ofi�retlafter called the "Rorrowe " <br />has applied '.to.* Commodity Credit Corporation for a loan 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 (W OD, STEEL. ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />✓�-" ..' <br />... .: Cam./ <br />%-- �—Z"., `% . <br />—.—_ —� <br />on the follo d Tbed'.real ''state Situated in the ,oiinty of <br />State of_ :on thr �� of t' ;e 1. Qy SeQt� O ?i <br />r <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 partiesi 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 securityy 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 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 wiS,nes whereof, the undersigned have executed these presents on the dates immediately below their re- <br />speAive :1si atur 11 <br />11 _� nM <br />�) X <br />tld{e E IIUDE� MHL } ,U 4 ui P Il I1�J� <br />(SIGNATURE OF BORROWER (, W ERN O "L DER) <br />! iDATE�� S, DATE `�` - - -- -- <br />J, <br />`(SIGNATURE OF BORROWERS CSPOUSE) (OWNER OR LIENHOLDER) <br />DATE ci Z L' DATE <br />AGRI-WASH <br />
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