Laserfiche WebLink
-U3 <br />COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE <br />CO RPORATION'FORM 297 COMMODITY STABILIZATION SERVkQf_,.. -... <br />'COMMODIT'Y CRE$1 T `CORPORATION; , <br />SEVERANCE AGREEMENT <br />R I A L"O . <br />,,9,, .. <br />COUNTY <br />.ter <br />ale 19. /� , <br />Whereas. r. y <br />E' mac, .. ofytr:.,..� <br />NAME OF BORROWER) (A4)DRESS) <br />County of.�.. Mate of heeirift'er called the 3oriower" <br />has appfi�d to the Commodity Credit Corporation for a°loan or fot the gµarantee of k, loan for -ithe purpose <br />purc'lI sing'hnd'erecting or,constructing'It following 'storageAstructure, to -wit: <br />TYPE <br />KIND (WOOD, STEEL. ETC.) <br />i -TY (BUS- HEI.S-O.R: TONS) <br />on the following described real ,estate situated in the Count 4 <br />Y of <br />State of_� -- `Cn the - <br />- the T1i r� o�,.Seation <br />T of chip � 12 are 12 <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 par "tie's, 'and shall not become fixtures or a part of the <br />real estate; and,,; <br />3. Shall`aot.'be'subject to the lien. of any security transaction 0' instrument heretofore or hereafter rising against the <br />truGtjjjr or realty, on .which it is placred,,,unti , <br />(a) The expiration of Commodity Credit Carporation's lien and any extensioq,or. renewal, thereof; and, <br />(b) Until repayment of said loan. <br />4. Shall, if acquired by Commodity Ce-ddit Co "rpoFation "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 />/ (S GNATURE OF BORROWE ) (OWNER OR LIENHOLDER <br />DATE DATE <br />�. -- - <br />(' F (SIGNATU E O BORROWERS SPOUSE) <br />/ (OWNER OR LI ENHOL DEER R <br />DATE DATE <br />AGRI-WASH <br />