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COMMODITY CREDIT U. S. DEPARTMENT OF.AGRACULTURE s E - COUNTY - - <br />,rORPORATIONJORM 297 :. C. OMMODI. T. Y.. STABJ .J.I.ZAT.IQN-_SER1C10E--_.- _ +rA -� � ©- •'�%�. <br />(6-1 -561 COMMOD I'TY CREDIT CORPORATrON' <br />SEVERANCE AGREEMENT RIAC NO. ` <br />Jr <br />Whereas, of <br />of `Z <br />- NA 0F BORROWE - ' (ADDRES*) <br />it^ i -- <br />County of tfia2fter ca1Ied Cl]e "Pbi M <br />has a plied_to the'Cgrgnodity credit �Co{p at n..far�a_joan or r.the,guard}toe,,o ;a_Io P4RjA4"PTJrpose <br />purchasing and erecting or constructing the following storage structure, to -wit: <br />TYPE KIND JWOOD. STEEL, ETC.) CAPACITY (BUSHELS•QR,•TONS) - <br />. I <br />on the fall g de cribed re estate situated the ty of <br />State of. ?�- t.;e --o- <br />n-the rte - of the <br />of Section <br />Township, _ Raaige <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, thei'efore,-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 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; ;25 <br />3. Shall noG-ixe -subject to the lien of any "cartWAiansaction or -instrument heretofore 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 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 />•dat€ o# giif <br />acsiciolT by Commodity Credit Corporation at no eipense 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 F BORRO R) <br />OA "E <br />(SIGNATURE OF BORROWE SPOUSE <br />DATE <br />(OWNER O.R L ENHOLDER) <br />DATE <br />(OWNER OR LIENH LDER) - <br />DATE -1 <br />*U. S. GOVERNMENT PRINTING OFFICE: 1958 0 - 490699 <br />