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COMMODITY CREDIT U.IS. DEPARTMENT OF AGRICULTURE - STATE <br />CORPORATION FORM;297 COMMODITY STABILIZATION SERVICE -- <br />16 -15 §1 COMMODITY,CR D�T':CORPQ♦A'TION <br />COUNTY <br />41 <br />SEVERANCE AGREEMENT SE R I Ak NO. <br />Whereas,.l�, �,J of �/y� /�y/L_��� <br />NAME OF BOR ) <br />County of _p r ,• State' of here.inafxer called the:'.`Ror,rower" <br />has applied .to ;the,Conmodity Credit Corporation for a �o or ;for the guaFaritee'of a loan for-the-purpose <br />purchasing and erecting, or. cpnstructing;,the following, srgrage, structure, 'to -wit: <br />TYPE KIND (WOOD, STEEL. ETC.) CAPACITY (BUSHELS OR TONS) <br />on the follow' described real: estate situated in the . quunty, oir <br />State of : on. .the o -, � 1: <br />t �e `� of Section <br />3 ' .,.1 <br />and, <br />Whereas the borrower has agreed to give Commodity Credit Corporation or its approved lending agency a mort- <br />gage lien on .sai'd. 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 securi 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,,'i,f 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 />AGRI•WAS H. <br />X4_0 1 01AM 1104 <br />(OWNER OR LI.ENMOLDER) <br />DATE <br />DATE <br />OWNER OR LIENHOLDER <br />