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—.. U. a: UEPANIMENT OF AGRICULTURE <br />CORPORATION 'FORM 297 COMMODITY STABILIZATION SERVICE <br />...COMMODI TY...CRED I T CORP.ORAT.ION, <br />SEVERANCE AGREEMENT <br />STATE COUNTY <br />SERIAL NO. <br />7 <br />Whereas, Ella M VVeldon Estate of 1320 North 41st, Lincoln 34 Nebr _ <br />NAME OF BORROWER) -_ ,. .. (ADDRESS } - .. <br />Count of Lancaster. Nelara <br />County SE ate of pka, r .., herei.neftAr called the " forrower" <br />has applied .to_tlie:Commodity Credit Corporation for a,;ldan..or for,the guarantee of a loan for the purpose <br />purchasing and erecting or constructing the.following: torage: structure, to -wit,, <br />TYPE <br />KIND (WOOD, STEEL. ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />Grain bins _ _ <br />steel <br />45oo bu <br />on the ' f ' ollowing described real-estate situated in the County of. Hall <br />State o" Nebraska : on theme §b oy tl e_a9X1 &1&t of Section <br />30 , T GltinshiD <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 shall not become fixtures or a part of the <br />real estate; and,. <br />3. Shall not be subject to the lien of any securit�}y' 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,tf acquired by Commodity. Credit Corporation through 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 />Ella 1•,1 1.reldon Estate, 1'1 D lleldon, Aram <br />(SIGNATURE OF BORROWER) (OWNER OR LIENHOLDER) ... <br />DATE 4 April 1959 DATE <br />hr , <br />k <br />(SIGNATURE OF BORROWERS SPOUSE) (OWNER OR LIENHOLDER) <br />DATE DATE <br />AGRI -WASH <br />