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COMMODITY CREDIT U..- S.- DEPARTMENT OF AGRICULTURE` STATE :000N -TY 1: <br />CORPORATION 'FORM 297 COMMODITY STABILIZATION SERVICE <br />(8-1- 58) " COMMOD'1 TY''CRPD tr CORF'OIRATI ON <br />SEVERANCE AGREEMENT a C SERIAL NOD, O J <br />Whereas, - of/� —y-- <br />NAME OF BORROWER) ZADDRESSf, <br />County of � r��4, / ,' State of ° ' hereinafter ,ca4gd the ":Borrower" <br />has 'applied to. the 'Commodity Credit'Corporation.for ' a.i:o or .for the guarantee °of -a loan fo r the purpose <br />pure6sing and erett iig or, 6ons6uc'ting 'the'' following" •storag4 structure; to =wit. <br />TYPE KIND (WOOD, STEEL. ETC.) :CAP ACIrY (BUSHELS OR TONS) <br />on the follo ' g'described real estate situated in the Country Of <br />State of . on the o f t, e.. , . ;.d 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,'there=fore, 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 or realty on which it;i's placed,`untt „ <br />(a) The expiration of Commodity Credit Corporation's lien and any extension or rep,ewal thereof; and, , <br />(b) Until repayment of said loan. <br />4. Shall, if' $c'quired by Commodity Credit Corporation through foreclosure or other means, at the opption of the Commod- <br />ity Credit Corporation remain on the above described real estate for a period not to exceed six M months after the <br />date -af: acquisition by Commodity.Gredit 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 />JTf� N +S M[ AL LIFE INSURANCE COMPANY <br />�..U�u ✓ BY : <br />SIGNATURE OF BORROWER) OWNER LI ENHALDER) <br />ager of ans <br />DATE__�� i�G DATE <br />er <br />1 <br />(SIGNATURE F BOR �W/ RS SPOUSE) (OWNER OR LIENHOLDER) <br />2 DATE ' DATE <br />AGRI -`MASH <br />