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COMM 0DI TY - .CREDIT U-. S. DEPARTMENT OF,AGR.ICULTURE <br />CORPORATION 'FORM.297. , .;COMMOD -IZY. STAB, LLI .ZA.T- L0bI —S RA13GE »,w--al <br />(6-1 56) COMMODITY. CREDIT CORPORATION!"" . <br />SEVERANCE AGREEMENT <br />7 G� <br />STATE COUNTY <br />S E R I A%,_ N0. <br />Whereas, C, i/ C�(� /6t—�! of % ire -rrt �.lt� �y` <br />NAME OF BORROWER) DDRESS <br />County of State -of 4 heretnaft r dal ed�thes "BorT,o�gr" <br />has applzed to sthe Commodityredi� orporatipn. for _a loan oK_ for,;,the guaFantee .of a_ loci fqx, th purpose <br />purchasing and erecting or constructing the following storage structure, to -wit: <br />on the Poll wing described real +'estal»�. k>U�ted in: the Co 31 _o.f ` <br />State of S <br />orih#fh� of the =- arz a'ectior <br />Township 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 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 subjunt to the lien of any security tran sac ti0 entllerbtoforE'or hereafter rising against the <br />structure or'realty'on wffioTiFit•is placed, until, ' %n =''' =; •' ": �''' z;. "" <br />(a) The expiration of Commodity Credi-t_Corpbration's lien and any: -bxtensic&.ar'i'cnewal• 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 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 />tai ai atgnisition 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 />,,(.SIGNATURE OF BORROWEEI <br />DATE, <br />1:4641- <br />(S�NATURE OF QORR(14E- SPOUSE) <br />DATE _— f <br />( NER OR LI ENHO_,L�DER_. <br />DATE L' Z —� 6 <br />DATE <br />OWNER OR LIENHOLDER <br />RU. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />