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COMMODITY- CREDIT <br />CORPORATION- FORM..49.7 <br />(6-1-;56) <br />Q. S. DEPARTMENT OF.AGRICULTURE <br />�COMMOD-ITY - STAe-4L•I•EAT,MGN-- -&ERV -fCf - <br />COMMODITY CREDIT CORPORATION <br />SEVERANCE, AGREEMENT <br />COUNTY <br />SERIAL NO. <br />Whereas, of Y <br />OF BORROWER) -' <br />,AD0.R.E *lSI 4: <br />County of ?sue 4 State' 'of ��� +iriafer call�rc t�I18'' Fiorrower„ <br />has appl>ed_to`t` e CoWo%i y.CreditCorpgratipn fQrza -; -loan 9r. fpr.-Ah�,:gual;,3ntee"of.a`.loo for the- purpose <br />purchasing and erecting or constructing the following storage structure, to -wit: <br />TYPE <br />- --� - -- <br />KIND (w D. STEEL, ETC.) <br />CAPACITY (BUSHELS_ OR .TONS) <br />_ <br />_+ <br />—_ <br />i <br />on the fallo des ri.bed rea es tat. situated i ~hey County of <br />State of.ti+ -r'»' <�•° <br />—on the %- of - the i- of Section <br />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.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, apart of the <br />real estate; and, _ <br />3. Shall not be subject to the lien of any security transaction. or:instrumenf heretofore or 'hereafter rising against the I atrdcture 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 re.maiu" on. the above descriW d real estate for a period not to exae.ed six"-(p6) months .after the <br />date of acquisition by Commodity Credit Corporation of no expense 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 />i <br />(SIGNATURE OF BORROWERL_ (OWNER OR LIENHOLDER <br />DATE _ <br />— DATE_ <br />s <br />I' (SIGNATURE OF BORROWE SPOUSE <br />SP (OWNER OR LIENHOLDER <br />DOTE "`� (/ DATE <br />AU. S. GOVERNMENT PRINTING OFFICE: 1958 0 - 490699 <br />