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'COMM Di -TY CR,EDI T U S `.'DEPARTMENT �- - - -- - - -- - - - -- <br />(s-t s ormcR �T <br />' SEVERANCE AGREEMENT <br />Wherea <br />,N 0 BO RR .WE,R), 4GF"'i <br />County <br />has an <br />!V. <br />'eTere - - - -•. <br />COUNTY__ i <br />of <br />L�D 1111 <br />t. <br />yl:s„ <br />Stt� o =- <br />W 4 <br />'1 the :`Borrower" <br />Tied 0-the (ot[4odiiyLreda At, " Cpo ation,xor _]p p orz, for Gkiek.zu -.,Vee of.,a .loap for.:the purpose <br />ing and erecting or constructing the following storage structure, to -wit: <br />TYPE <br />�; <br />KIND (W00 STEEL. ETC.) <br />CAPACITY <br />(BUSHELS ,.OR`-TONS) <br />on the followigg de,,seribed real-,estate situated in the County oft <br />State of <br />the pf.the 1:� z► of Section <br />on <br />.. �J f Tomnship L2 ----- .: .Range <br />f 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 chdracter, shall 4e, 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 besubjeet to the lien of any security transaction or instrument heretofore or hereafter rising against the <br />structure or realty on which ibis placed, until, <br />(a) The expiration of Commodity Credit Corporation's -lien - and anytektension -or Yeinewaf 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 />W_ <br />In witness whereof, the undersigned have executed these presents d es immediately below their re- <br />i0:iA_yt.,KA,)K- , . Pl�`1 1 E ACKA MARTGAI L :AN 6PPI'" <br />re- <br />spective signatures: THE PRUDENTIAL L-.:, -d. OFI M I PKUOUTIAL INS. GO. Qf AInL�1 J <br />Q AMER <br />oMabai.: <br />(SIGNATURE OF BORROWER) <br />DATE <br />(SIGNATURE OF BORROWERS SPOUSE) <br />DATE <br />( E OY CT&HOLDER) <br />DATE C)z e <br />DATE <br />(OWNER OR LIENHOLDER) ^ <br />*U. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />