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Y. <br />COMM ODITY "CREDIT Q .S. DEPARTMENT OF AGRICULTURE: ST COUNTY <br />FpRPO�RA,•, BEN OW nw29,r.... e - OPIT�G SyT/ •t.1J2A-T40W_SErRV4Cz+ wv w v <br />(61 56) COMMODITY CREDIT CORPORA'fiON'a �w`�• , r,-' °?+ " <br />SEVERANCE AGREEMENT SERIAL NO.. <br />?ti <br />County of <br />has applied Cpk <br />purcna ing and <br />0 <br />erecting or`const <br />A W�e��7b�— <br />Mate ef° reittaft'er called the' "Borrower" <br />f r. $n o. a. loan for the .purpose <br />Ong the following storage structure, to -wit: <br />... <br />on the following described.real. estate situated in the County, of `- <br />State of n <br />—o <br />, n the th of SHt0 <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,'theTefore, the part ies- K6reto 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; anal, 3 t:;, . ._T:. <br />3. Shall not be subjoet.to the lien of any security transaction orinstrtiment heretofore or hefeafter rising against the <br />structure or realty on which it is placed, until,' z' <br />(a) The expiration of Commodity Credit Corporation.'s lien and any extension or renewaf-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 CoToration remain on the above described real estate for a period not to exceed six (6) months after the <br />date of,Ecgriisttion by Commodity Credit Coipio aiion 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 />III GNP T RE/ 0 BORROWER ! <br />DATE 4�✓tr <br />SI TURE OF AORRO/W�ERS SPPODUUS�E) - <br />DATE <br />(OWNER R LIEN OLDER) <br />DATE' <br />DATE <br />ER OR LIENHOLDER) <br />AU. S. GOVERNMENT PRINTING OFFICE: 1958 0 - 490699 <br />
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