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-_ - tOM4ODfTY CREDIT sU �$ DEPARiMENT�.�OAGR=1Cl)LT1AE STATE <br />4* <br />a0co,rPOAT44N caRK 2A]= COMMODITY -SSAR ILI3AFT10 -Eft CE <br />.�,-" Z - <br />j <br />SERIAL'.N0 <br />SEVERANCE AGREEMENT <br />Whereas y <br />NAME QF SORRQWR) _ _ }-,- vn Ross) <br />County oT = f �,y�tate� of }ie�na£terced We-1'�3nrower" <br />has aWied :to the;Corr chi y Credit Corpora o>x fo) 1 Yoan o� fvr he giiaTat�tee b a 10 ri fot :tlie purpose <br />purchasing and electing oT #constr>�c£�ir` the following storage struc_ ure, _£o wit: _ <br />TYPE KIND (WOOD, STEEL ETC.) CAPACITx''igy' w4" s�q�r1TONSj;- <br />— -- t <br />on the followin desc `i d real. estate.siitnnated in -the unty of: e =r � <br />State of the- O O 10Tt <br />..owri6hi r'ta. ge <br />and <br />Whereas the borrower has agreed to - 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- in strum e nt1 ere tof orlJor here after rising'a'ainst against the <br />'structure or realty on which it "is'placed, Until, <br />(a) The expiration of Commodity Credit - Corporation's lien an&,any extension.or_renewal theieof; and, <br />(b) Until repayment of said loan. <br />4. Shall, if acquired by Commodity Credit Corporation througgh 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 />In witness whereof, the undersigned have executed these presents on the dates immediately below their re- <br />spective signatures: <br />DATE <br />NER -O.R L ENHO DER) <br />IV <br />OWNER OR LIENHOLDER <br />AU. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />