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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE STAT COUNTY <br />CORPORATION 'FORM p97 COMMODITY STABILIZATION SERVICE <br />Itrt :56) COMMODtTY'"CREDrT`CORPt) rXT %ON <br />SEVERANCE AGREEMENT SERIAL NO. dr —24. 6 <br />Whereas, / of—`� /� <br />N ME RROWER) (ADDRESS) <br />County of E State of_ Ki.ej,nafter' called the ".Borrower" <br />has applied xmr the Commodity Credit Corporation, for -8 Joan or for the, guarantee of a loan for the purpose <br />purchasing and "e ecti�iig or constructing the fo1l °dwing 'storage "stixricture to =wit:' ' <br />TYPE KIND (WOOD. STEEL. ETC.) CAPACITY (BUSHELS OR TONS) <br />on the follows es bed "real estate situated " in' the County df <br />State of � � �' tie _rt of Section <br />n on thb _ o� <br />Se . <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 "'heret.o 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 heretofore or hereafter rising against the <br />structure or realty on which it is placed; unti ,, <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, 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 />(SIGNATURE OF ORR WER) <br />DATE September 23, 1958 <br />(SIGNATURE OF BORROWE RS SP USE <br />DATE September 23, 1958 JJJ <br />AGRI -WASH <br />(OWNER OR LIENH.OLDER) <br />DATE - <br />(OWNER OR LIENHOLDER) <br />DATE <br />
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