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COMMODITY ,REDIT Q. S. DEPARTMENT OF,AGRICULTURE STATE COUNTY <br />CORPO'RATI ON FORM 297 •C,OMMODI,TY , STkEIt^t�0N�.3S*v I.0E - - - - -- - -•? <br />(6 -1 =56) COMMODITY CREDIT CORPORATIDN :' <br />SEVERANCE AGREEMENT SERIAL O. <br />Whereas, of <br />NAME OF. BORROWER) (ADD ESS). • -„••� <br />1� <br />Count of �� �/ a..,5 } >'w �, <br />Y State of ri' ?� called the Borrower <br />has applied .to'the CommodityCredit,Corpora.tipr> for a:,l Nn or for thet;gua:aP*ee .,of'a loan for the purpose <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 />J ' / <br />on the follo 1 1 described real estate s.italated in the County of <br />State of a ��J . . <br />—dn the •o €y the >° ,�� � � of fiction <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 instrurnent heretofore dr 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'ezteasien 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 />V`SI GNATURE BORROWER) <br />DATE �� �. � /I, �. /�: 3, z <br />(SIGNATURE OF .BORROWERS SPOUSE) !� <br />DATE <br />, <br />DATE <br />DATE <br />R LIENHOLDER <br />(OWNER OR LIENHOLDER) <br />*U. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />