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75, <br />F,11 M. <br />COMMODITY CREDIT U. S'. DEPARTMENT ,DF- AGRICIUVTURE STATE couNry <br />CORRPRATI4N,,;FORM•..247 CO, MMQfaLTY „STAE.JI.1.Z�1�'4AN.SFRY)CE v e y <br />'(6- .1 -56) "CDMOD I TY' CREDIT' "'. R0O(tAT, -t <br />SEVERANCE AGREEMENT SERIAL NQ. <br />Whereas, 6 of <br />NAM BORROWER), (,ADDRESS). <br />County of%�E'�� s ' ,State of_ hc�hinafter.called tie "Iiarrwer" <br />has .ap la ed to 'tAe. Cojrmociity `G' redi:t`Corporation `for a 1'oan or ftbr the guarantee o a loan' for..tilte` purpose <br />purchasing and erecting or, constructing the following storage 'structure, to -wit: <br />TYPE .KIND (WOOD, STEEL. ETC.) CAPACITY BUSHELS OR TONS) <br />on the £pllowin 'desc ibed'rea1. estate situated in the,County,of <br />State of. ` oh:ahe of 't�5e o11' Section <br />-- ---- -- <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'Aitll not become fixtures or a part of the <br />real estate;-and- >' <br />3. Shall not be subject to the lien.ofa ny. security transaction or instrument heretofore or hereafter rising against the <br />structure or realty on which it is placed, untill, <br />(a) The expiration of Commodity Credit Ciorporation's lien and any extension or renewal thereof;'and, <br />(b) Until repayment of said loan. <br />4. Shall, if acquired by Cominodity'Credit Corporation 'throu h 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 Corporation. <br />In witness whereof, the undersigned have executed these presents on the dates immediately below their re- <br />spective signatures: <br />I <br />4., <br />C/ t � <br />IOW ) .(OWNER OR LIENROLDER) <br />DATE <br />S S U (OWNER OR LIENHOLDEJR) <br />DATE ������`f- <br />DATE ,7- <br />AGRI-WASH <br />