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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE <br />CORPORATION 'FORMA 297 COMMODITY STABILIZATION SERVICE <br />dbt.56)...... . COMMODLTY.- CREDIT CORPORATION. -... _ <br />SEVERANCE AGREEMENT <br />Whereas, <br />of <br />3e) <br />STATE / COUNTY <br />r ®���MW <br />I� <br />NAM BORROWER) / ._ .(.ADDRESS.)_.,.. <br />County of State of hereinafter called the "Borrower" <br />has a li <br />pp ed .to;,the Commodity. Credit 'Corporation fora an ;or for the guarantee of a,loan for the 'purpose <br />purchasing and erecting-or constructing the following storage struc�tuge, to -wit:: .._ <br />TYPE KIND (WOOD. STEEL. ETC. __[___SAPACI-rY (BUSHELS OR TONS) <br />on the following scr gd real estate situated in the County�f <br />State of (+� _ on the O-P <br />the Section <br />_w <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.agr.ee that such.structgres,and equipment: <br />t <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 bey <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 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, ids acquired by Commodi y.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 />0 <br />(SIGNATURE OF BORROWER) <br />DATE <br />1. 6 ' <br />(SIGNATURE OF BORROWERS SPOUSE) <br />DATE i_ 'r < A'. 1 <br />AGRI -WASH. <br />TH RUOEHTIAL I RANGE COM Y Of AMER1 <br />(OWNER OR LIENH4L ER) <br />DATE A' —17 ��CJ <br />DATE <br />OWNER OR LIENHOLDER <br />