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I <br />COMMODITY CREDIT' U. S: DEPARTMENT OF AGRICUCTLIRE- [STATE - COUNTY <br />CORPORATION 'FORM 297 COMMODITY STABILIZATION SERVICE <br />(6 -1 -S6) COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT sER l "` ` o' <br />Whereas, 7p– of t <br />AME f/F/$ORROWER <br />(ADDRESS) <br />County of f.,Z�+C/yC -/r State. of Z-- c." hereinafter called the "Borrower" <br />has applied-to—the, Commodity Credit Corporation.for a loan or 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 />v <br />i <br />on the followiq cri d real estate situated in the County of Is <br />State of *% : on the typo y of Section <br />Township - .ange <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, 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 />(SIGNATURE OF BORROW R) <br />DATE_ <br />(SIGNATURE OF BORROWERS SPOUSE) <br />DATE �(Z! '`,� ' I / •S <br />AGRI -WASH. <br />(OW�NER <br />OOR tIE,N"LDER) <br />DATE G� ,Gr, <br />(OWNEERR OR (LIENH OLDER) <br />DATE _ Z/ G', <br />