Laserfiche WebLink
- 4EOMN DI'N CRpoIT u. S. DEPARTMENT OF =TURE. S COUNTY <br />6-f 36) z COMK40D TY C �D I T CO0 6RA% " to <br />SEVERANCE AGREEMENT SERI "` NO <br />Whereas, of�� <br />i NAME OF OR WER) - (ADDRESS), <br />County.'o s= " �f V, State -of' %- hereYnaft called the "$orrower" <br />has a ? liedWftd "tli�e' -Co" ' Credit. a'oTation for a koan or -for they ran tee of••';a Yo.�l¢ for,; --the u . e <br />purchasing ani'erect>ng or :constructing the following storage structure, to -wit; <br />TAPE.. KIND (WOOD. STEEL. ETC.) CAPACITY (BUSHELS,ff¢i3* <br />: ONS) <br />on the follo described real estaefsituated in t County o£'� <br />State of.l n the X <br />X2-: _ • ..of the of Sswction <br />�_ Township is� ,.,-. 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_rgmovable 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 securety-fransaetion -or;instrument beret6fore or heteaftderising against the <br />structure or realty on which it is placed, until;' - <br />(a) The expiration of Commodity Credit Corporation's lien. and- apy *exteusioa. or rehewal=-tifereof; and-, <br />(b) Until repayment of said loan. <br />4. Shall, if acquired by Commodity Credit Corporation tfirou h 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- - ommodity 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) (OWNER OR LIENHOLDER) <br />DATE DATE <br />(S G TURE BOITROWERS SPOUSE) (OWNER OR LIENHOLDER). <br />DATE f� J / DATE <br />*U. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />