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s � <br />rcoMV DOITY CREDIT U. S. DEPARTMENT OF AGRICU'TURE',.;� STATE COUNTY. <br />Co RPORAT.i ON 'FORM :: 297 COMMODITY STABILIZATION. . SERVO CE <br />t -bb), COMh(9D,I,Ty, GRED IT CORPOR.ATI ON <br />27 SEVERANCE AGREEMENT S'ER'A` rlo. / <br />Whereas, 6.0 of <br />(NAMFO Qf BORROWER). DRESS) <br />County of State'of" '. hereinafter called the ";Borrower» <br />has applied .tb the Comnodity'Credit Corporation ;for a, loan of .for the guarantee of aAoan- for the <br />P ure sin , <br />pirFose <br />g a . erectin $ or constructin g the followin g -storag- structre, to =wt: <br />TYPE KING (WOOD. STEEL. ETC.) ,CAPACITY (BUSHELS OR TONS) <br />on the followin _ sc d real estate situated in the County o£ <br />State of 1, bn the °Z' or the 1 <br />of Section <br />Township Range Tom_ <br />and, <br />Whereas the borrower has agFeed 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 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, if 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 />b% <br />1• <br />(SIGNATUR <br />BO WER) <br />/ <br />(OWNER (�11( � "OLDER) <br />D E CA� � /� DATE <br />APR G <br />1SIGNA TURE OF BBOR/ WER POUSE) (OWNER OR LIENHOLDER) <br />DATE 2�/ l� �C O /� DATE <br />AGRI-WASH <br />
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