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COMMODITY CREDIT U. S. DEPARTMENT OF - AGRICULTURE STATE COUNTY <br />CORPORATION 'FORM 297 COMMODITY STABILIZATION SERVICE" <br />COMMOQ:l +1Y,.CR.EDLT,, CORPORATJ'ON" <br />SEVERANCE AGREEMENT .SERIAL NO. <br />Whereas, of C/ <br />NAM BORROWER) _:;:.. .: ...:::.._... .... «._('A DDRSS)• <br />County-of eate of ^ hereinafter, called the ",Borray+ex" <br />has appligd Sto• he.C)omnodity Credit "Corporation for a.l oan or for.. the guarantee o:a:loan for the purpose <br />purchasing and erecting or. constructing.,the. following storage,strutture, toiwit. <br />TYPE KIND TE ET CAPACITY. (BUSHELS OR TONS) <br />on the follow'' d ibed real estate "situated in the ounty•of• __ <br />State of 9 ::on <br />the OF <br />. the �, of Section <br />9 awnship . !,2a :ge.:.� <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•agr"ee 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 _Cre.dit 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,Corp.oration. <br />In witness whereof, the undersigned have executed these presents on the dates immediately below their re- <br />spective signatures: <br />(SIGNAT E OF BORROWER) r / (OWNER OR LIENHgLDER)!`/ L`G <br />DATE ' `' l / DATE �IA"Wguc <br />X' I (S(SGNATURE BORROWERS SPOUSE) J WNER OR LIENHOLDjER.) <br />DATE 1 / e-ZiA%L t O c J . �C.S�/Y/ DATE C <br />AGRI -WASH <br />