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- COMMOq.I7Y CREDIT .'U S. DEPARTMENT OF AGRICULTURE STATE - - COUNTY <br />RPORA - <br />_ CbTION FORM- -297 COMMODITY STABILIZATION SERVICE_ <br />'f= °`"' "Cif10�f1"i(2ED1T C�RPORATLOJJ <br />SEVERANCE: AGREEMENT SERI "` <br />Whereas, of <br />N OF BORROWER) - (ADDRESS) <br />County of $t�FC of �yt %L hereinafter -called the "Borrower„ <br />has applied' e6 th=e Commodity Credit C6fz- breff —dn for `a loan or foi the guarantee of'a loan for the Purpose <br />,: - 'u <br />purchasing ana'erectrng-or constructing °the following storage structure, to =wit: <br />- <br />TYPE KIND (WOO D. STEEL. ETC.) CAP ACI TY"•(j'U S rJLS'..p th,CaN S) <br />•p✓ <br />on the_ follow described real estate situated in the County of <br />State of .on the of the 2z of Sectior. <br />_XQ Tomship 42 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 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 e.xtelpsion or renewal 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 opption 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 />✓ ��.. —' /o(_ / /���L L�.2� Gtr <br />(SIGNATURE OF BORROWER) (OW R OR LIENHOLDER)) <br />DA / DATE <br />(SI GNA URE G% BORROWERS SPOUSE) (OWNER OR LIENHOLDER) <br />DATE ! f <br />DATE <br />4U. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />