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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE STATE <br />CORPORATION 'FORM 297 ; COMMODITY STABILIZATION SERVICE <br />X6-1 -561 - - - ..•.COMMODI.TY fRED.IT, CORP.ORXTION ............,_..,,.,. ...,. <br />t <br />SEVERANCE AGREEMENT <br />RI AL <br />COUNTY <br />Whereas, ✓1i ( (AOD.RES- <br />NAM *OFRWER) ..... <br />County-of ".State of_ ' � _..hereinafter called. the "Borrower" <br />has a lied,,t he Commodity Credit Cor oration. for a., an,,or for the arantee Of .a loan for the- u ,ose <br />PP , 4 Y P. .. � P r'1' <br />purc- Basing and erecting or.. constructing the following ,storage structure,. _to -wit: <br />TYPE <br />KIND (70D, STEEL. ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />on the followi scri d',real. estate sitiia.ted in, the County of <br />State of :on the 0.1 tie _'� off' Section <br />Township <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'beretofore or hereafter rising against the <br />structure, or tealty 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 witness whereof, the undersigned have executed these presents on the dates immediately below their re- <br />spective signatures: <br />C 0Q il1C <br />•��� h� .��'�O�'�� CO— O�rlY1Pr- <br />($1 GNA URE Let I B 0 R ROWE 3 tOWNER <br />DATE DATE,,,. <br />i <br />` (SIG ATUR R`R d A RS 0 OU OWWNEERR OR LIENHOL ER <br />/42 DATE DATE � ^l0 =u <br />Ac RI-WASH <br />