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COMMODITY. CREDIT -U. S. DEPARTMENT OF AGRICULTURE STA COUNTY, <br />coRPOR)17ION FORM 287. _ C�OMMOQITY„SjAeI.LJ2 ,]'Ipy, S.ER.Y.IGE_. .� <br />tbt -56� COMMODITY CREDIT CORPORATtON <br />SEVERANCE AGREEMENT SERIAL No. <br />Whereas, <br />E O <br />OR ROW ) (ADDRESS) <br />County of �` State of ~` "`ii'e't -called'the-".liorrower„ <br />has applied to'tli `Cp�t(io "di Y' egfE f`otpotati )n�""fltr'a 1paff. - for the' grantee of _a'ioan , or , th u ' ose <br />._ fns: t, a t s..;r.:a. Ss•.. ?r.p_ <br />purchasing and erecting or constructing the following storage structure, to -wit: <br />..r.-- TYPE <br />KIND WOOD, STEEL, ETC.) <br />CAPACITY (BUSHELS} OR TONS) <br />:.. .. <br />�... <br />/ G./ <br />on the following desaribed real estate situated in the County of <br />State of. the , <br />of the of Section <br />Tof m hip / Ran . <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 a i•ee 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 instrumeniAiere'tofore 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 M months after the <br />date of 'acquisition by Commodity Credit Corporation at no expense to Commodity Credit Coiporaiiron. <br />In witness whereof, the undersigned have executed these presents on-the dates immediately below their re- <br />spective signatures: <br />TURE OF BORROWERS SPOUSE <br />DAT <br />_x,7. <br />(OWNER OR LIENHOLDER) <br />DATE J <br />J <br />(OWNER OR LIEN /HOOLDE <br />DATE <br />*D, S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />