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COMMODITY CREDIT U:. S. DEPARTMENT OF AGRICULTURE ST couNry <br />CORPORA7_I 9N Eo RM.,•247..,.... .COkMOD LTY._$SABI W- 7,.A•T•kAN.-SER�, E,,-- <br />"" <br />,(6.156) COMMODITY CREDIT CORPORAVOW .. <br />SEVERANCE AGREEMENT SERIAL No. <br />Whereas, <br />of <br />1NA E OF BORROWER`, _ l� '•�' .. <br />County of State of_ .r reinaft'r called "the "Borrower" <br />—� <br />has applied'.to the Corrmod:ity.Creili .CoFtiozation for a.,lan giC_or,:the_.guaaptee. o£:a loap for. the purpose <br />purchasing and erecting or constructing the following storage structure, t0 -wit: <br />TYPE <br />KIND (W0,41). STEEL, ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />V <br />on the foll$ /Gdesc *bed real state s.i,tuated.irt:the.County...of <br />State of X11 the of ,:the r . Crf Section <br />,. <br />�.. Range <br />and, <br />Whereas the_,OFrower 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 here£o 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, ,sllall.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. apart of the <br />real estate;.. and, <br />3. Shall nbt be subject to the lien of any security' transaction or - instrhment heretofore or hereafter rising against the <br />structure or realty on which it is placed, 'until, ".r- '= ' '' - <br />(a) The expiration of Commodity Credit.Corporation's lien and any. extension- or'ienewal ihereof;'and, <br />(b) Until repayment of said loan. E <br />4. Shall, if acquired by Commodity Crelt 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 M 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 />�^ <br />(SIGNATURE OF BORROWER) <br />DATE <br />r+ <br />(SIGNATURE OF•BORROWERS SPOUSE) <br />^ATE __.J� ' �5 ' ✓� <br />LAe A401,� <br />/ (OWNER OR LI ENHOLDER <br />DATE <br />DATE <br />OWNER OR LIENHOLDER <br />*U. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />