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COMMODITY CREDIT U., S. DEPARTMENT OF AGRICULTURE sr i- cou"r <br />CO'itPORpTI ON FORM p97 - COMMODITY STABILIZATION SERV I CE <br />16 -1 -SSl - „'CON9dOD'1"FY” C -RED'I P EORPi?RIi OIV' PL <br />SEVERANCE-AGREEMENT SERr "` No <br />Whereas, of <br />AME OF BORROW - - (.ADDRESS) - <br />Cbunty of - State= of er�3nafGer, Balled thy,, „134rEOwer.” <br />has applied to the: Coimmtilty Credlt`Cor- poiat3tih l6r` loadbr for the -0guarantee .of a -loan for?_tHe p irFose <br />purchasing and erecting dr' constructing the £ollav ng'stora a structure,' to wV: <br />.,w <br />TYPES . K I-ND ; D STEEL: ETC'. J CAPACITY .( &LUSH EL S, oR T,QNS) <br />�4. <br />on the fol. •,ng "de cribed real state situated in the County of <br />State of - on the of the JL of Section <br />- r Township. / / Via. _ e <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-cove'nan't-arid-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 or renewal thereof; and, <br />(b) Until repayment of said loan. , <br />4. Shall, if acquired by Commodity Credit Corporation throw h 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 &`Iio' expense to Commodity Credit Corporation. <br />In witness'.Al reof; the undersigned have executed these presents on the dates immediately below their re- <br />spective signatures: <br />x `rC. <br />(SIGNATURE OF BORROWER) OWNER R L ENHOLDER) <br />D TE DATE +S� <br />(SIG TU % F BORROWERS SPOUSE (OWNER OR LIENHOLDER) <br />DATE S DATE <br />*U. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />
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