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COMMOD9TY CREDIT U. S. DEPARTMENT OF.AGRICULTURE <br />CORPORATION FORM 297. COMMQDITY.STAal -u2 1.1.QU- SERv.4cr- ...- <br />(¢ -1 =56j COMMODITY CREDIT CORPORAT!'ON <br />SEVERANCE AGREEMENT <br />STA /,�/J a COUNTY <br />SERI /i'r N0. V 4j <br />Whereas, N /b,T1 �' of <br />- Y C,' fKl/�."4E OF BORROWER) <br />ROWER) (ADDRE . <br />4. <br />County of _ -... State of _ ereinafter called the "Borrower" <br />has applied to the Commodity Cre4`.4.,C4 atiori' Ior ,a • j van" or or; }i ; gua{ai}[ee of ,a loan for the purpose <br />x <br />purchasing and erecting or constructing the following storage structure, to -wit: <br />TYPE <br />KIND (WOOD, "STEEL. ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />on the folio g_�j scribed r "]:.est�te.situated.in the County / <br />State of C (it Gt <br />on the f the :. of Section <br />Township iange <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,. >t'd. <br />3. Shall not be subjert to the lien of an} security- transeciioA or instrument heretofore or hereafter rising against the <br />structure or realty on which it is plated, until, -:' -r s • <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 Creait Corporation through foreclosure or other means, at the opption of the Commod- <br />ity Credit Corporation remain on the above described real estate for aperiod 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 />(SIGNATURE OF BORROWER) <br />DATE <br />SIGNATURE OF BORROWERS SPOUSE <br />DATE <br />/ (OWNER OR LIENHOLDER) <br />DATE .C•L.� � 4 — <br />�� <br />(OWNER OR LIENHOLDER) <br />DATE <br />41. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />