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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE <br />CORPORATI,aN• FORM. 297.. COMMOD I T,Y. STAB I L4 &AT"ION­ SERV+ "CE­- -a <br />16•x•56) COMMODITY CREDIT CORPORATION - <br />SEVERANCE, AGREEMENT <br />Whereas, <br />of <br />�rf COUNTS %y /(,J <br />SERIAL NO. <br />7r -�; <br />SAM OF BORROWER). ! /� (ADDRESS.,_~ <br />County of State of -4��L 1 %naiter called the "Borrower" <br />has applied to the Conmoditv Credit Corporation for a loan off, €pr. tha,gua�a#ttee of a )oa>a for,; the purpose <br />purchasing and erecting or constructing' the following storage structure, to -wit: <br />TYPE KIND (W D. STEEL. ETC.) CAPACITY (BUSHELS 'OR TONS) <br />ell <br />on the folio i de cr•ibed real erstat>_situated in to County of <br />State of T—, <br />t L c'C n the ; �- .of the <br />,Township / "7 E.a� -tge <br />-- <br />a; Of Section <br />; and, <br />Whereas the borrower has agreed to give Commoditv 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 instrument heret6fore or hereafter rising against the <br />structure or reality 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 throurh 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 />aJ�`d' <br />(5 GNATURE ,GF BOB R <br />4C I <br />A i <br />(SIGNAT I E OF 11(' ROWERS y,OUSE). <br />6 f <br />DATE <br />DATE <br />OWNER OR LIENHOLDER <br />(OWNER OR LIENHOLDER <br />*U. S. GOVERNMENT PRINTING OFFICE: 1958 0 - 490699 <br />