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- icoMMODIry CREDIT - Lf.c 5.-. DEPARTMENT OF AGRICULTURE srA COUNTY <br />rcoaggArtON_FORMx297Utv]MODITY S1ABI:,LIZA,I,ON SE1,V6CE _ <br />(8.1 -56) • - -- COMMODI- _ CREDIT- -CORPORATl -.ON - - - <br />SEVERANCE AGREEMENT- SERIAL NO. - <br />Whereas `d' of <br />N - OF ROWER) (ADDRESSIr <br />County of State "of_ " hPr3ter- called the "o.. <br />,– pFower" . <br />has applred> to thy; Conmodz "ty Credit Corporation for a loan or 4or. the guarantee of" a, loarl foF.j hh p€urFose <br />'has and `erecting or cons•tructir g' the following storage structure to` -wit: <br />S '.l <br />TYP KIND (WOOD. STEEL. ETC.) CAPACItY,_7BU F4 <br />on the foIlo de" ribel real"estate ituated in the County of— <br />State of. 4 % fi t / <br />— on the �-of the of fiction <br />Township l trage_.. <br />and, <br />Whereas the borrower has agreed to give Commodity Credit Corporation or its approved lending agency a mort- <br />gage lieir 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 per character, shall be removable from the real estate -, shall be <br />treated as personal property with respect to the rights ofthe 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 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 M months after the <br />da..te.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 />YN <br />(SIGNATU OF BORROWER) <br />� (OWNER OR LIE HN oLOER) <br />DATE DATE e (J <br />?-� 7 <br />ai- 2n��J4c c� v E <br />SIGNATURE OF BORROWERS SPOUSE) (OWNER OR LI ENHOL DER�)fry � <br />DATE ` DATE '" � , �1/ <br />*U. S. GOVERNMENT PRINTING OFFICE- 1958 O - 490699 <br />