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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE STAr COUNr <br />CORPORATION FORM 297:. -. .COMMODLTY,. -STAR ILd.ZAT1 -"-6ER - h6E• -- ; -�- <br />(61-55) COMMODITY CREDIT CORPORATIIDN � <br />_ SEVERANCE AGREEMENT SERIAL NO. <br />Whereas, of `i T" . <br />AM OF BOR (WER) '(ADfhi;•ESS) <br />County of State-of _ here "nATter called the " Roir wer" <br />has a plied .to �e mmodit P :.. <br />. _.. (;0 Y.Cred;i:t,Coiaporpt }on,f'oF a 1oan.4� rc @ guaTa>?.tee.ol +a -Ai- the:.Ypixfpose <br />purchasing and erecting or constructing the following storage structure, to -wit: <br />on the f i�j described al esta. a].tuated.in. the County of ` <br />State of <br />f�' ye <br />the • of . the. of Section <br />-- -- s Totmship Range _ <br />; and, <br />Whereas the..b_orrower 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'cIienant and agre"e'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 charactgr,_sball- be- removable from the real estate "sli`all be <br />treated as ersonal property with respect to the rights of the parties, and shall not become fixtures or, atpart of the <br />real estate;'an}l, <br />3. Shall not be subje-e-t to the lien of =any security transaction or lidstkiIment heretofore or;hereaftet-rising against the <br />skriietnre or realty on which•it is prac'ed, until, <br />(a) The expiration of Commodity Credit Corporat"'.s lien and airy: extension or*r newal"86i8of; snd, <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 thelCommod- <br />ity Credit Corporation remain on the above described real estate for @t 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 />In witness whereof, the undersigned have executed these presents on the dates immediately below their re- <br />spective signatures: <br />DATE <br />DATE <br />OWNER OR LIENHOLDER <br />OWNER ORLIENHOLDER <br />*U. S. GOVERNMENT PRINTING OFFICE: 1958 0 - 490699 <br />i <br />(SIGNATURE OF BORROWE �- <br />DATE <br />t <br />.` • <br />SIGNATURE OF BORROW S SPOUSE) <br />DATE _ <br />!� <br />DATE <br />DATE <br />OWNER OR LIENHOLDER <br />OWNER ORLIENHOLDER <br />*U. S. GOVERNMENT PRINTING OFFICE: 1958 0 - 490699 <br />