Laserfiche WebLink
COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE STATE COUNTY <br />CORPORATION.FORM..297 ,.COMMODITY STABILIZATLOW- SERVICE.. <br />Ibt -66) COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT SERIAL " . <br />_ 6'7, <br />t <br />Whereas, of� - - -- - -- <br />NAM BORROWER) (ADDRESS) <br />County off'_ State of— � -- - hereinafter called the "Borrower" <br />has,awlied .to the Co*odity;Credit Corporation fora loan oT for the guarantee of a loan for' the purpose <br />purchasing and erecting or constructing the following storage structure, to -wit: <br />,TYPE. <br />KIND_ (WOOD, STEEL, ET ,) <br />CAPACITY (BUSHELS, OR TONS) <br />on the followi de ribed real estate situated in the County of <br />State of d o.i the of 'tlo /��_ o �p Tection <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 paifies, 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, if acquired by Commodity Credit Corporation through fore Closure 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 />I <br />(SIGNATURE OF BORROWER) <br />DATE Octobed 7, 1958 <br />X � f <br />(/SIGNATURE OF BORROWERS SPOUSE) <br />DATE October 7, 1958 <br />AGRI -WASH <br />WN R 0 -LI ENHOL DER) <br />_ DATE -- ` - -- <br />AL u <br />NER OR LIENHOLDER) <br />DATE Oct.obG,j 7, 1958 _ - -- <br />