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COM4J OyDl TY ",.OR' D I� U .`S . DEPARTMENT of AGRICULTURE'' ' s ArE couNTv <br />�CORRORArtoN FoRMca297 COMMODITY ' $`TAB I L I ZAT I ON SERV I CE Haa <br />. (s- rsa6t��,a� �onaMOo-rrY �►r�orr coRPrrrrACl u >�: tNebraska <br />SEVERANCE AGREEMENT SERI "L ` No. <br />48 -040 -225 <br />Whereas, of yi <br />NAME OF BORROWER) (AODRESyS) ti 1 i <br />x# + S <br />County of� ,u State of herekryaihftr called ,the, "Borrower" <br />has applied t Cormwditt credit Cor• �- <br />y poraiion.for.a`rlo hr' for the rentee •* w4oan for the purpose <br />, purctia`sl'ng and''hereet ng ors bonsCi'll iNkn •the' 1'oi'IowYng storage,. SeidcCure,-' NCO -wlt: <br />TYPE KIND (WOOD, STEEL. ETC.) CAPACITY (BUSHEL'S OR TONS) <br />n the follow' dessrA6d:'real estate situated in' the County 6f <br />tate of ;on th Hof the '1Y _� a� Section <br />, <br />T owns hi "P_ 'Ca :'ate <br />a <br />Ll ; <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; ands. <br />3. Shall Aot'he. subjeci:to the lien of any security transaction or instrument heretofore or hereafter rising against the <br />,,,py.y duo or,realfy. on.which t`is. placed, unto <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'acquieed by Commodity Credit- Corporation through foreclosure or other means, at the option of the 6mmod- <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' Otr <br />DATE <br />DATE <br />ACRrwASH <br />ROWER) <br />(OWNER OR LIENHOLDER) w <br />... ,DATE <br />SIGNATURE OF BORROWERS SPOUSE <br />DATE <br />OWNER OR LIENHOLDER <br />