Laserfiche WebLink
."COAW4001 TV CREDIT "U.. S. DEPARTMENT �i OF AGRICULTURE s" E couN_Tr - <br />CORPOR N �Y+"�". <br />bt 56) COMMOD I TY CREDIT CORPORA <br />'SEVERANCE :AGREEMENT IER I AL NO. <br />70 a a <br />Whereas, of <br />t A E F BORROWER1 - - .(ADDRESS) <br />07 t+ <br />County of t r' ::.r, Sta @-o£ X reihafter called tbe. "Borrol, FW' <br />has.applie�%'l►'e Conil»ty'Cedi �rptorati'pn for a ,)soon o% for te.guarrantee of a loan" for•,the purppse <br />purchasing and erecting or�constr-ucting -the following storage structure, to -wit <br />s TYPE KIND - (WOOD, STEEL. ETC.) CAPACITY (,BUSHELS. <br />OR -TONS) <br />on the "fol1 de ribed real" statg.situated -in the County of <br />State of the. of -the. <br />of Section <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 t4pir personal character, shall bgremovable from the real estate, shall be <br />treated as personal property withiespect to the rights of the parties, and. shall -not become fixtures or ,a part of the <br />d <br />real estate; an, . 4 .. .... <br />3. Shall not.be subject to the lien of, any security-�transactiorrar ,insrrrfinen liere't6fore`oir hereafter rising against the <br />siructure'or realty on which it is placed; until; ) - - <br />(a) The expiration of Commodity Credit Corporation's lien and any--eitteusion.errefreWal thereof; and, <br />(b) Until repayment of said loan. <br />4. Shall, ifia -u d�by Commodity L"re�it 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 iro'exp' rinse to C'omtnodity Credit Corporation. <br />In witness whereof, the undersigned have executed these presents on-the dates immediately below their re- <br />spective signatures: <br />( NATURE OF BOR OWER) (OWNER_04—L-�� <br />DATE DATE 7 <br />1001e� 4 <br />TS GN COF BORROWERS SPOUSE) HO R_ )•�� <br />DATE S DATE — j Z Q <br />CU. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />