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COMWO'DI T7 CREDIT U. S. DEPARTMENT OF AGR- ICULTURE STATE 6oUN TY <br />.CORPORAT10 V FORM 297 COMMODITY .CBE CRE LI ZATIDN SERVICE <br />(61 --55) CQMMQD I TY DIT. CORPO$A.TIAN <br />SEVERANCE AGREEMENT SERIAL NO.^ <br />Whereas�J�� <br />NA E O RROWER .. ,..(ADDRESS).- <br />4. County of �C-st sel State •of ` hereinafter called the "Borrower" <br />has applied to, the Commodity Credit Corporation. for a loan or for the guarantee 'of a loan for' the 'purpose <br />purchasing and erecting or constructing the following storage••structure, to- wit:,, <br />TYPE KIND'(WOOD, STEEL. ETC.) CAPACITY. (BUSHELS OR`.TONS) <br />on the follo described real estate situated in the County of <br />State of J on the of the of, sedt on <br />Township Range_.,_ � <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 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 />AGRI -WASH <br />(OWNER OR LIENHOLDER) <br />DATE <br />DATE <br />(OWNER OR LIENHOLDER <br />