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7PS` ;. <br />COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE STATE COUNTY <br />CORPORATION 'FORM 297 COMMODITY STABILIZATION SERVICE <br />COMMOO4TV. 6RED1T. CORR{�RAT{ ©N...`_ <br />a <br />' SE Al NO �� _ <br />SEVERANCE AGREEMENT R <br />Whereas, of <br />N OF BORROWER ..: ,.......�.ADDRE"').,:. <br />County of `, State "off`_ a hereirfdft�6r called -the "Borrower" <br />has applied .to. the Commodity. Credit Corpdrato�r,..for',a loan"iFr ;f8r" 'te guarantee :of a'. oar for., the purpose <br />purcha` ing and: ereot ng or .constructing the followingv storage structure,,': tw4itr: <br />TYPE KIND (WOOD, S EEL. E3 f.) CAPACITY (BUSHELS OR TONS) <br />- -- <br />on the follow de's" lied Seal. e',tate situated "in! the­ County- of. <br />State of Vic', on th , of th of 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 />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 personai c�aracter, 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 securi transaction or instrument heretofore, or hereafter rising against the <br />,structure or realty on which A is' placed, anti <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 'accqui Commodity Cr.edit.Corporatlor( „tllrQUgh 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 />(SIGNATURE,4P BORROWER) ,%� (OWN/ER OR LIIIEN DER) <br />DATE — V DATE <br />(SIGNATURE OF YORROWVRS SPOUSE) ` j (OWNER OR LIENHOLDER) <br />�d 64 DATE <br />DATE , <br />AGRI -WASH <br />