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006-563
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.acoMMOOIry cREDIr, U �S.DEPA:RT ENTsOF AGR`'ICULTURE <br />CORP04!ATI ON FORM 207 COMMODITY S'T' ST TE COUNTY" <br />SS, (fit )•.. ABILI'ZATION- SERVICE y <br />roar mr �� .n ,�OMMOD,I�'T,Y,,CRE411.T rCOR2,ARALION. <br />SEVERANCE AGREEMENT " SERIAL NO <br />U.. <br />t," <br />Whereas, of , � 4 <br />. / <br />AME OF. BORROWER) y <br />"t( DDRESS) <br />County of ; ''taeb 'of `' ti <br />has applied "to the Comrladity Credit' Cd "rporatio fqr a 1pan,on fo ;: t' a 'guaranteef ofracloan forethe purpose <br />•. <br />purchasing and .erectang AM". the £ollawing• storage structure,: `to =wig; ..,' <br />—" — TYPE KIND wo0,o . STEEL., ETC.) <br />A., CAPACITY �(BU SHELS OR TONS): <br />ri <br />on the follo des abed "t'eal state situated in the County of Y-�,• " <br />State of- -^'x�f <br />on the of .the 1 <br />`Por,�nshi rZa — 4 of Section <br />P �� <br />• . nge. <br />1' <br />Whereas the borrower has aKeed to give Commodity Credit Corporation or its approved lending agency a morta <br />gage lien oii said storage .str`acture: <br />Now, wherefore, the :parti•,es - ,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,fiztures or a part of the <br />real estate; and, <br />3. Shall not be subject to the lien of any security transaction <br />structure or realty on which it is placed, u ntil, or instrument heretofore or hereafter rising against the <br />" <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 thrq,ugh 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 />(SIGNATUAt OF BORROWER) <br />DATE �J <br />(SIGNATURE OF BORROWERS SPOUSE) <br />DATE /� ���� Z� <br />AGRI -WASH <br />(OWNER OR LIENKOLDER) 'I <br />DATE <br />(OWNER OR LIENHOLDER) <br />DATE <br />
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