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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE <br />COR.PORATI ON 'FORM 297. COMMODITY STABILIZATION SERVICE <br />1'5-1 561 <br />COMMODITY-`CREDIT "CORPORI1kT ON,' <br />SEVERANCE AGREEMENT <br />CX,, -t)� <br />STATE COUNTY- <br />Dfe` ras sa • ; _ `.. • <br />Hall' <br />SERIAL NO. <br />�� <br />®yid <br />Whereas, Milford R. Nelson of Doniphan, Nebraska <br />NAME OF BORROWER) .e..._..• ('A'DDRESS) " "•. <br />County of Hail State of_ NebraskA -� hereinafter called the "Borrower" <br />has applied :to .the Commodity Credit Corporation :fo :a aoanor for the guarantee of a loan for ,'the purpose <br />purchasing'ancl' erecting or constructing the following'-skorag - <br />e structure, to wit:_ <br />on the following,described real estate situated in' the County of H &11 —. <br />State of Ng gkn —nn. the of tho SE r Of CGvt10?t <br />26 oti,, i. ^hip �lp " 9 <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, i <br />3. Shall not be subject to the liven 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 througb 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 />DATE' �- <br />DATE <br />AGRI-WASH <br />-- The Northwestern Mutual Life Insurance Company <br />By <br />STGNATUR OF BORROWER) (OWNER R LIENHOLDER) <br />Superintendent o Mortgage Loans <br />-, I it- \• r- O DATE BCtO o3!6�7n -jS <br />SIGNA'[URE OF BORROWERS SPOUSE <br />DATE <br />OWNER OR LIENHOLDER <br />