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COMMODITY CREDIT U. S. DEPARTMENT OF'AGRICUtTURE STATE COUNTY <br />CORPORATION 'FORM 297.. COMMODITY. STABILIZATION . SERVICE <br />(6.1.56) " COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT > -u 3EWIAL o: <br />J, <br />Wherea �11�A.EOF.ORROWER) of <br />ADDR SS) County of T t :. S.tat, of hereinafter called the, "Fiorrower" <br />has applied :io «Ghe Comnodily Credit Corporation for a l nor tfor the gyaTa rteeaf `.a'''loan for .tlie ,purpose: <br />purchasing �Itt erecting or, constritctino `the fbllowing Storage"'st:;rttetnre, to -wit: <br />. <br />TYPE KIND (WOOD, STEEL.�ETC.} CA A1C)TY ,. -(BUS KE LS OR TONS) <br />on the follown describes) real estate situated in the County pf. ~ <br />State of� : , �- .,x•.0 <br />on the _ o the 4 Qom' Section <br />ahn phi <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 ofAWparties, and shall not become fixtures or apart of the <br />:. <br />real estate; and, ,.;.._... , <br />3. Shall not'bisubject to 'the lte6 of`a'ny securityty transa6ti6n or instrument_beretofore or hereafter ristng•;dgainst the <br />structure gr realty, on which it is placed, untih -. <br />a) The expiration of Commodity Credit Cotpoiation''s lien and any extension or rleaewal' thereof; and, <br />(b) Until repayment of said loan. _. <br />4. Shall, if •acquired m <br />by Commodity Credit Corporation through foreclosure or other means, at the option of the Commod- <br />ity Credit Corp6'r i iotY'Tbmai* on tire- above described- real •estate fora period not to exceed six (6) monthsle£te; 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 imnediately'"below their re- <br />spective signatures: I <br />(SIGNATt'a5^F BO OWWER) OR LI L ) <br />DATE .. DATE <br />—yet <� 0�--• �� yac. � /� , „ .. <br />DATE(SIGNATURE OF BORROW SPOUSE) (OWNER OR LIENHOLDER).,,., <br />C —Ir /F �i*— DATE <br />i <br />AGRI -WASH <br />