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COMMODITY CREDIT ' U. S. DEPARTMENT OF AGRICULTURE STATE <br />CORPORATION FORM 297 • COMMODJ•TY- STAE•IL•IZATION SERVICE <br />161 -56) COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT <br />RIAL NO. <br />'e - a 5La <br />Whereas, 4.Z s- ��..!?i.- s�.cJ of- x- ,s- �eL.L�:, <br />NAME 0, BORROWER). (ADORESSj �r <br />County of State of hereinafter called ,the : "Bor:rower" <br />has applied to the Commodity Credit Corporation for a,'loan'or f6 '.the guarantee of a loan ,for ; the purpose <br />purchasing and erecting or constructing the following storage structure, to -wit: <br />COUN /T�Y' D, / <br />TYPE <br />KIND (WOOD. STEEL. ETC.) <br />CAPACITY OR .TONS) <br />^(BUSHELS <br />on the follow'n 'described real estate situated in the County -of � -ems <br />State of on the / 'Yo° t ?;e 1 1 <br />r O Section <br />Tovanship <br />rr< _ <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, the 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 becomg fixtures or a part of the <br />real estate; and, <br />3. Shall not be subject to the lien of any secutityty'•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 witness whereof, the undersigned have executed these presents on the dates immediately below their re- <br />spective signatures: <br />(SIGNAfUlTE OF BORROWER) (OWNER OR LIENROLDER) <br />DATE l DATE <br />GNA TUBE O� BORROWERj SPOUSE <br />DATE <br />AGRI-WASH <br />(OWNER OR LIENHOLDER) <br />