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,'. COMMODITY. CREDi. U:. S: .DEPARTMENT OFAGRICUL`TURE '•kl1EcouN TY <br />P R <br />COR AT RM' <br />o LoN FO 297 COMMODITY STAFLLIZATION <br />COMMODITY CREDrT,CORPORA-TOD , <br />SEVERANCE AGREEMENT SERIAL NO. <br />I. <br />Whereas, of <br />Coun -ty—of ME oFIByR OWE State of_ here#after cal. ed.. , the "lio rower" <br />has applied .to,.:nite:: Commodity ,Cred.i.t,Corporation.•for a lgan,6rF_foi, the.: guarantee. of a loan for, the, ; purpose <br />pureh"ifik4and er6ctii►' oi- constructi.n the following snore e=- s'•tructure' to -wit: <br />TYPE KIND (WOOD, STEEL, ETC,) CAPACITY (BUSHELS OR TONS) <br />00000f, 00*V <br />on the followin s rx�e 4 real; estate situated in the County -of <br />State of/�'' . ` ort the _ o�'2e_ ,.:_�,'. w a Section <br />ToTAmship— <br />r-- <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 apart of the <br />real estate; anal,,, <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, ii'iacquired by Commodity, Credit Corpozation through foreclosure or other means, at the option of the Commod- <br />ity Credit Corporation remain on the above described real estate for a pperiod not to exceed six (6) months after the <br />date of acduisition.b.y 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: %1 <br />(S.IGNATUR OF BORROWER (OWNER OR LIEN DER) <br />DATE_._; '�G'.- -�� DATE l'S <br />r<IGNATURE OF BORROWERS SPOUSE 4 (OWNER OR LI HOLDER) <br />DATE '4�"' - -- �` DATE y, <br />AGRI•W, 11H. - <br />