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COMMVDITY CREDIT U. S. DEPARTMENT OF AGRICULTURE <br />CORPORATION ..:FORM 297 COMMODITY STABILIZATION SERVICE <br />­ lr-l.;56) � : , ` " (6MMOCiTT?'CPtoir'T—coppoR-KrrON- <br />SEVERANCE AGREEMENT <br />STATE COUNTY <br />IT, <br />SERIAL NO. <br />48-040– <br />Where,,, Charles Robert Codner of 'mRbod River Nebraska <br />— <br />-----(NAME OF BORROWER) 'JA D <br />vl� 'State o cT j3o o <br />County of rr wer' <br />has awl.k94" -dd"efif Commodity Cfed4 t Cm>r.por-a_6im,,for,,,-&i the ;,guarantee.­of a, -loan for the pvrppse <br />p, u r c Hi s i ng and `e"rec"ting or co'nstructin'g 0* <br />TYPE KIND (WOOD. STEEL. ETC.) CAPACITY (BUSHELS OR TONS) <br />X 64' Armco Utility <br />on the Jollowing described real., estate' situated in'the County df <br />f Section <br />State. of 0 <br />and, <br />Whereas the bor.rower 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 arid 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 persorfal character, shall be removable from the real estate, shall be <br />treated as personal property with respect to the rights of kfie•parties,-and sball,not become f ixtures.or:.'a part of the <br />real estate; and, <br />3. Shall "t be, subject to the.1jefi of any, secjiri.I)� transaction or instr!"neut heretofore or hereafter 'rising. against the <br />-!,straevdne z)nrealty on w4iph . IS pla ' J Until,. <br />pe <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 />,;" ,;.;. - . 1 " <br />4. Shall, if acqUired by'Cornnioditytredit C-orp,oration. tbroe-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 `a'cqui'sition by Cornmodity,Credit,_C Commodity Credit Corporation. <br />_orpqjrq�jqp qjio_e)�pense to C <br />In witness whereof, the undersigned have executed these presents on the dates immediately below their re- <br />spective signatures: <br />A (SIGNAjURL OF BORROWER)_ (OWNER OR LIENKOLDER) <br />DATE L DATE <br />(SIGNATURE OF BORROWERS SPOUSE) (OWNER OR LIENHOLDER) <br />DATE DATE <br />AGRI-WASH <br />