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• COMMODITY CREDIT <br />CORPORATION FORM 2.97 <br />(6.1 =56) <br />Whereas, <br />Q. S. DEPARTMENT OF.AGRICULTURE is <br />COMMODITY STAI?1,1 IZATtQ� $_ RVICE <br />tommbo(TY t'RE'Dr WATT 'ON, - <br />SEVERANCE AGREEMENT <br />�.1�15� lid <br />SERIAL NO. <br />_.� . -.. L. COUNTY <br />_o 31- d <br />4- " f <br />—14AME OF BORRO.WE (ADDRESS) _1 .. <br />County of '^ State. of einafter called the- "Borrower" <br />has applied to the Commodity Credit Corporitxoh for a loan-or for the guarantee of a loan fpr the purpose <br />purchasing and erecting or constructing`the following storage structure, to -wit: <br />TYPE <br />Oq <br />KIN' (WOOD. STEEL. ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />/ <br />I " <br />on the fol ing escribed re estate situated in the County of <br />State of —gin the of the �_ i of Section <br />Township P nge <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. Fven if attached to the realty, shall retain their personal character, shall be removable from the real estate, shall be <br />treated as personal propert,Y 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 opption 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 />SICNATURE F BORROWER) _ <br />DATE -� <br />' <br />(SIGNATURE 'OF.BORR RS SPOUSE) <br />DATE '_ -�' <br />OWNER OR LIENHOLDER) <br />DATE ;,� ♦/ <br />(OWNER OR LIENHOLDER) <br />l r 1 <br />DATE <br />/f <br />*U. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />