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COMMODA TY 'CRED IT U, S. DEPARTMENT OF., "AGRICULTUR8 ST <br />CORPOPAX- LON..F.ORIW :-297 - '_ "COMMODtTY;STi4 „ COUNTY <br />*tTZxrlot sER�rt E - COUNTY ,. <br />A6 S6 COMMODITY CREDIT CORPORATION 7. <br />SEVERANCE AGREEMENT SERIAL N0. <br />AteWherea of to <br />NAM OFj ROf WER). .[ 2.•. r •.� _ .., (ADDR €SS).: 4t. <br />a. . <br />County of Sxaie; <br />einafter called the "Borrow" <br />has applied Lo the dity Cred.i-t CorporatiAn fqs aadan. ox�eferr�rhe {;:�uhe of :6 ioat for -the pure <br />purchasing and erecting or constructing the following_storafe 4. ructure, to -wit: <br />TxPE KIND (wooD, STEEL. ETC.) CAPACITY <br />(BUSHELS OR` TONS) <br />on the foil%d �crilbed re esta a situated.in the County-:9f f <br />State of <br />Oh the-, - of th& � of Section <br />s Tp aisUp / mange ` 4. <br />Whereas the borrower �►as agreed to and, <br />g give Commodity Credit Cgrptoration 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. F.ven 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 subjectI the lien of any security transaction or instrgrnent heretofore or hereafter rising against the <br />structure or realty`ou which it is placed, until, ' <br />(a) The expiration of Commodity Credit Corporation's lien and-any exteT[sion 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 />(SIGNATURE OF ,BORROWERS SPOUSE <br />DATE <br />(OWNER OR <br />DATE— <br />AU. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />
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