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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE STATE <br />CORPORATION 'FORM 297 COMMODITY STABILIZATION SERVICE <br />16 -1.SG) 'COMMODITY, CREDIT CORPORATION" <br />SEVERANCE AGREEMENT <br />—.� <br />SERIA NO <br />COUNTY <br />Whereas <br />N E OF RROWER) <br />(ADDRESS) <br />County of State, of hereinafter called the "Borrower- <br />has applied to the Commodity Credit Corporation fora oan or. for the .guarantee of a loan for the purpose <br />purchasing "and erecting or constructingthe following storage structure, to -wit:' <br />TYPE <br />KIND (WOOD, STEEL, ETC.) <br />CAPACITY Ru SHEL'S OR TONS) <br />` <br />— <br />-- <br />_e/y <br />on the followin es d real`estate situated in the County of____ <br />State of � : o'_1 the •c l 1 e c <br />1 a.. t.�o o.� Section <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, <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, iP aequired 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: G� / <br />D-1P o,�i_:Pj C71" � I <br />"...,7'f�9� <br />Cairo, rJe IQ r a <br />(SIGNATURE OF 'bORROWER) ( <br />DATE <br />(SIGTU ,18ORROWERS SPOUSE)' <br />AGRI-WASH <br />DAT <br />DATE <br />O R I E N Hq L DER) s:,,_•,,.,..y,..- "( <br />(OWNER OR LIENHOLDER <br />