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-. • -_ sus _ _ _ � 9° __ <br />SERI AL NO <br />SEVERANCE AGREEMENT <br />Whereas, of r- <br />•- F BQR ate ill ,_si a- -.z •� 0 SS�'.- ,+...... ;- ,q <br />Count of Y� r <br />r ; y State o - re�na er cared t'lte YT_rorrbwer" <br />has applied to the C`omnodity Credit torpoiat ors faT" a loan "or for't7ie aid tee of a'Loan r' ` <br />(he purpose <br />x rchasing and erecting or constructing 'the ..loll owin st °� a structure <br />r <br />— -- TYPE - -KIND' ('wboD, sreEL. ETC.) CAPAC TY� e(is "' ' <br />on the fol scribed're eGtate situated in he unty of <br />State of on the � of the <br />Township ,r <br />o� Sectior <br />and, <br />Whereas the borrower has agreed to give Commodity Credit 6rporation 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 -o€ the parties, and .shall not be -fixtures of part of the <br />real estate; and, <br />3. Shall not be subject to the lien of any security transacfion 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; an- <br />nd, <br />(b) Until repayment- of said loan -- <br />4. Shall,- if acquired by Commodity Corporation through foreclps.ure or other means, at the pp tion of the Commod- <br />ity Credit Corporation remain on the above described real estate -for a period ubt 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 />_ (2 <br />` (SIGNATURE OF <br />BORROW-_R)LL - (OWNER OR LIENHOLD ) - <br />DATE r 3 J DATE ol <br />S TURE OF BORROWERS SP _ (OWNER OR LIENHOLDER) <br />DATE <br />DATE <br />*U. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />-5tiriVDlT.,r� Dtr <br />CORPo0 Rg3y0N. FORM 297 <br />U: S DEP�RXAE�( <br />COMMODITY STAB I L I ZATI ON <br />COMMODITY CREDIT COFiP0f2 <br />-. • -_ sus _ _ _ � 9° __ <br />SERI AL NO <br />SEVERANCE AGREEMENT <br />Whereas, of r- <br />•- F BQR ate ill ,_si a- -.z •� 0 SS�'.- ,+...... ;- ,q <br />Count of Y� r <br />r ; y State o - re�na er cared t'lte YT_rorrbwer" <br />has applied to the C`omnodity Credit torpoiat ors faT" a loan "or for't7ie aid tee of a'Loan r' ` <br />(he purpose <br />x rchasing and erecting or constructing 'the ..loll owin st °� a structure <br />r <br />— -- TYPE - -KIND' ('wboD, sreEL. ETC.) CAPAC TY� e(is "' ' <br />on the fol scribed're eGtate situated in he unty of <br />State of on the � of the <br />Township ,r <br />o� Sectior <br />and, <br />Whereas the borrower has agreed to give Commodity Credit 6rporation 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 -o€ the parties, and .shall not be -fixtures of part of the <br />real estate; and, <br />3. Shall not be subject to the lien of any security transacfion 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; an- <br />nd, <br />(b) Until repayment- of said loan -- <br />4. Shall,- if acquired by Commodity Corporation through foreclps.ure or other means, at the pp tion of the Commod- <br />ity Credit Corporation remain on the above described real estate -for a period ubt 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 />_ (2 <br />` (SIGNATURE OF <br />BORROW-_R)LL - (OWNER OR LIENHOLD ) - <br />DATE r 3 J DATE ol <br />S TURE OF BORROWERS SP _ (OWNER OR LIENHOLDER) <br />DATE <br />DATE <br />*U. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />