Laserfiche WebLink
-tOMMODI TN'lCR�DI T' {J•,_S__' <br />CORPORATION- CFO RM_,_29. _ - --- I <br />` <br />S <br />EVERANCE AGREEMENT- y <br />Whereas _of <br />ME F.BORR ER) - <br />y (A D s <br />Cou ,a A zr <br />t of .� 64 <br />P Y R` a ,TSLate o4.� S!�{a�wr" <br />� .t ¢ J a 4 ..`x,�s'it, �? -`tea" '�'[ w��' <br />has applied d t iimo"r#ity media � 'r aL Qn 4 ' -0 ` a 1hiA�ro 44 .. Se <br />purchasing and erecting or constructin the fol in storage : str- cture, to wit: <br />771 <br />�— <br />TYPE ;KIND (WOOD. STEEL. -ETC -) CAPACITY iBI)SWE Lf ^`TONS) <br />on the fol g-de ribed real-- estate s.,atuated.inth(e unty -of <br />U <br />State of. Xl the . 1�J :_ <br />a •the Of -S ion <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 a part of the <br />real estate; and, ' %' <br />3. Shall not be subject to the lien of any security= transaction 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- orre-n6wal 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 ficquisition by Commodity Credit Corporation at n6 expense to Commodity Credit Corporatibn. <br />In witness whereof, the undersigned have executed these presents on-the dates immediately below their re- <br />spectivefs- atures* <br />X .V <br />(SIGNATURE OF BORROWER) - (OWNER 6A LIENHO DEER) - <br />DATE ! DATE / S <br />SIGNATUREE OF 1OR11 CWERS�jSPOUSE) (OWN OR LIEF HOLDER) _ <br />ATE L'L1�f% t�.� 7 G a / 9V ~/ DATE <br />i <br />*U. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />