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` COMMODITY CREDIT - U. S. DEPARTMENT OF AGRICULTURE STA - COUNTY <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE _ <br />(6 -1 -56) N COMMOD 1 TY CREDIT, CORPQRATJ.QN __........ <br />SEVERANCE AGREEMENT SERIAL NO. �. <br />Whereas, . of <br />N E OF BORROWER) (ADDRESS) <br />County of_ � / State of2E �- hereinafter 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 />TYPE - <br />KIND. O STEEL, ETC.) - <br />C OR TONS) <br />/APACLTTY__((�BUS.HHjELSS <br />t <br />Ll <br />on the foll d bed real e tate sirlafed in the County of <br />State o on the of the _. i of Section <br />�t , Township � /� Range f 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 str_vctures ,ind..e-quipnlent: <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 />real estate; an -d,. <br />3. Shall not be subject to the lien of any, s_Qcurity transaction or instrument heretofore of hereafter rising agelmst the <br />structure or realty on which it is placed, until, <br />(a) The expiration -ef •Colnmodity Credit Corporation's lien and any extension or renewal thereof; and, <br />(b) Until repayment of said loan. <br />4. Stall., if acquired by Commodity Credit Corporation through foreclosure or other means, at the option-of the.-Commod- <br />ity redit Gorneration 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 wiine_"­hher >of; the undersigned have executed these presents on the dates immediately below their re- <br />spective signatures: <br />-(SIGNATURE OF BORRO ER ^ <br />DATE <br />f <br />!!! (SIGNATURE OF BORROWERS SPOUSE) <br />DATE <br />DATE <br />' DATE <br />OWNER. OR LIENHOLDER) <br />OWNER OR LIENHOLDER <br />'_•U. S. GOVERNMENT PRINTING OFFICE: 1958 O - +90699 <br />