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(6156) COMMODITY CRUD j T CORPORATION DTgbraska
<br />SEVERANCE AGREEMENT SERI AL NO.'' }+S -040 257
<br />F125907
<br />Whereas, Max Wiese of Rte #3, Grand Islando :Nebraska.
<br />NAME OF BORROWER) <,... .... .,:..,.:,(ADMESS),..
<br />County of ' ^H 1'. ,`State'of :Nebr..aska v ..:,;.. ....- hereinafter called the "Borrower"
<br />has applied,ito• the 'Commodity Credit Corporation for a loan or, for the.guarantee',of a ;,loan for the,puz ose
<br />purchasing 'end elreoting or .const;cuct }ng,,the following sipragg ,strugture, : to- yvit::, ,
<br />r.
<br />TYPE KIND' "(WOOD,. STEEL. ETC.) CAPACITY -,(: BUSHELS FOR TONS).
<br />1 Behlen Bin Steel 359Q
<br />on the following described real..0st;4xe- situated in the County,of. .Hall
<br />State of Nebraska . < North Half South East 1
<br />on the of °the,Qf Section
<br />and T nts a ' R t�ic� r.:Tawnship ll Range • 9
<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 />until said lien of the Commodity Credit Corporation. is repaid
<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 a,parrof 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 bn,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, if acquired.by Commodity Credit Corporation througgh 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 (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 />THE EQUITABLE LIFE ASSURA4%'.,
<br />)( �1 SOCIETY OF THE UNIT�P=
<br />(SIG MATURE OF BORROWER) OR
<br />y Yy
<br />DATE X.
<br />1
<br />t
<br />(SIGNATURE OF BORROWERS SPOUSE) (OWy vt-
<br />�j Witness:
<br />DATE t_,l.c / ..7 � DATE
<br />—Mary E rer
<br />'
<br />AGRI -WASH >
<br />STATE OF NEW YORK 1 ss.
<br />COUNTY OF NEW YORK)
<br />On this 3d day of April 195, before me, a notary
<br />public in and for said County and State, personally appeared Eli Fern on
<br />and Margaret D. Eggleston to me personally known to be the
<br />Vice President and Assistant of
<br />THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES, the corporation described in and
<br />that executed the foregoing instrument having authority to execute such instrument, who, being each by
<br />me duly sworn, did say that they are respectively the Vice President
<br />and Assistant Secretary of the said THE EQUITABLE LIFE ASSURANCE
<br />SOCIETY OF THE UNITED STATES, and that the seal affixed to said instrument is the corporate seal
<br />of said corporation,` and that said instrument was signed and sealed in behalf of said corporation by
<br />authority ofd its Board of Directors; and the said Eli Ferguson and
<br />" garet D. Eggleston acknowledged that they and said corporation exe-
<br />p �� skid instrument as their free and voluntary act and deed and as the free and voluntary act
<br />, l 16 a
<br />et 3�
<br />l�,�said corporation for the .uses and purposes expressed.
<br />my hand and notarial seal the day and ar last above written;
<br />MAR3A O'NEILL
<br />Notary 0666c $taie of Nov York
<br />9,.
<br />in )Emgs County No 24 296 0
<br />Cert f+ied New York "County+ liE
<br />f;ie)kffa
<br />;?� 1� -595 Comrrusswq; Expires 1Narti 30� l�
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