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I <br />'COMMODI TY' T DEP._ARMNT <br />GORPORAT - - -F <br />i�E - °c oD - <br />SEVERANCE AGREEMENT e = sE�7L� NO —° _- <br />Whereas,_ <br />s M OF -BQRRDWER� -'. -. - - .,�AD ES <br />County of "# - <br />has ap l d -d'it e 111 t. o <br />�, Y � � �. � ., "o , J use <br />purchasing an electing or constructrn� the o law�ng storage'stri ctyre, "to *vit T <br />;T1PE KIND (WOOD, - STEEL. ETC.) GAPAC-ITY iaB1S)iEWONSr) <br />on the £oll�aty des ibed rea e�tahe.si>uate�_gn the County o <br />State of - <br />n.the of the y, . on <br />.and, _ <br />Whereas the, rrower -has agreed to give Commodity Credit Corporation or its approved lerfdirrg`.agenoy , z mor:t- <br />gage lien on 'said storage structure: <br />Now, therefore, <br />pmen <br />-the parties hereto do'coveinant- 'aiid-'iiree 'tFiat such structures and equit; <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 esete,`shall be <br />treated as personal property with respect to the rights of the parties, and shall not become fixtures or a pact of the <br />real estate; and, �} _ "z:,:•., �ssianF :z; ri r.M__4 �_ <br />3. Shall not be subject to .the lietr- anq bec-- untyetransactron ' or- :instrument heret'Dfort or h�6"Bcfterrrarng ag$ins't the <br />structure or realty.on whieh.#t'- is- -0Wtd, vntii; '.^ r =. s '.:. <br />(a) The expiration of Commodity Credit,.Carpbration.'s lien. and. • any = extension or•rentwal thereof; aid;' = <br />(b) Until repayment of said loan. <br />4. Shall, if acquired by Commodity'i rel t Corporation- tlirough foreclosure or other means, at the option of the Commod- <br />ity Credit Corporation remain on the above described real estate fora eriod not to exceed six (6)- months after the <br />aate•of-'iiq— isitioti'b- C'ommodity�r i - o'rpuratron'at no expense -to- commodity Credit Cbrporatibn." <br />In witness whereof, the undersigned have executed these presents on-the dates immediately below their re- <br />spective signatures: <br />The Federal Land Bank of Omaha <br />By G nd Island National F rm Loan Ass'n,Agent <br />(SIGNATURE OF BORROWER) - - W n LI <br />-/ HO ER - - <br />DAr �,j � eclretary- Treasurer <br />.� DATE <br />SIGNATURE OF �ERS SPOUSE) - - (OWNER OR.LIENHOLDER) - <br />DATE _ .._ DATE <br />- *U. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699' <br />