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� 3 <br />' COMMODfTY CREDIT ! U. S. DEPARTMENT OF AGRICULTURE STATE COUNTY <br />CORPORATION •FORM 297. C,OMMOQJXY..STAB)L[ZATJON ,SE-RVIEE <br />16 COMMODITY CREDIT CORPORATION'::' <br />SEVERANCE AGREEMENT SER I AL NO. � <br />Where f _� %•. <br />NAME OF BORROWER) o (ADDRESS,). <br />County of State of —�, �..._` hereinafter called thy: "Borrower" <br />has applied tb the' Cotrnodity Cre it.Corporation fora 1'oan'�or. fir ahe .guarantee of a .Loan for.. the, :purpose <br />purchasing and erecting or constructing the following storage structure, to -wit: <br />TYPE KIND (WOOD. STEEL, ETC.) CAPACITY (BUSHELS.'OR.'TONS) <br />+ <br />p. <br />on the fall desc d. real estate situated in th County,of <br />State of p?1..th - <br />O` 4 of 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 ovrealty on which it is placed, until,-. <br />(a) The expiration of Commodity Credit Cprporgtion's_ lien. and, any extension or renewal thereof; and, <br />(b) Until repayment of said loan. <br />4. Shall, it 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 Coiporation'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 />t <br />(SIGNATURE OF BORROWER) <br />DATE CdL A _2 ,zq,-5 -Z <br />_. 7 <br />.. , (2 (SIGNATURE OF BORROWERS SPOUSE) <br />jj <br />DATE � -_ _l_ y+S 4 <br />AGRI-WASH <br />(OWNER OR LIENHOLDER),/ <br />DATE � A-A. Z <br />DATE <br />(OWNER OR LIENHOLDER <br />