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.COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE <br />CORPORATION FOR" 297 COMMODITY STABILIZATION SERVICE- <br />(6 -1-56) COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT <br />Whereas, <br />of <br />ST <br />ERIAL NO. - - <br />YY r �J <br />(N E OF- BORROWER) d, (ADDRESS) <br />County ofd -(��i , State of k(e�reinafter called the "Borrower„ <br />has applied to the Commodity Credit Corporation for a loan or for the guarantee of a loan for the purpose <br />purchasing and erecting or constructing the following.storage structure, to -wit: <br />I <br />on the foJ I 79�J,��g de ribed real tate situated in the County o.f <br />State of �� � L -L f �/� � <br />on the ` ai ��L of the4 of Section <br />TownsY:ip / 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. Fven 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 />rea, ;_state, and, <br />I Shall -jot be stiblect to the lien of any security transaction or instrument. heretofore or hereafter rising against the <br />structure or realty on which it is placed, untif, <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 Corporatio,n.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 p6) 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 />J -The Federal..Land Bank of Omaha <br />_ (Si GV P.TURE i B0. R W R)` � <br />DATE T1L, jr LI ENH01_DE <br />Sec -Trea <br />�� DATES ,, e>r '" <br />(SIGNATURE OF PORRgIh F-RS.SPOUSE <br />DATE <br />(OWNER OR LIENHOLDER <br />..DATE <br />- J. S. GOVER \VE`iT PRINTING OFFICE: 1955 O - x90699 <br />