Laserfiche WebLink
COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE sr E CouNr <br />CORPORATION FORM_ 297 COMMODITY STABILIZATION SERVICE <br />(6 -1 -56) COMMODITY CREDIT CORPORATION%% <br />SEVERANCE AGREEMENT SERIAL " °. <br />Where a <C'G9L) Z°�-Q t of <br />N ME OF BORROWER) (ADDRESS) <br />County of— � State of ereinafter 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 KIND (JYOOD, �jSTEEL. ETC.) CAPACITY IBLITHEL'S-OR- TONS) <br />on the following described real estate situated in the County of <br />State of — on the of the y Of Section <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 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 />Si:all, if acquired by Commodity Credit Corporation throufh foreclosure or other means, at the opption of the Commod- <br />uy Cre lit Corporation remain on the above described real estate for a period not to exceed six (6) months after the <br />date of acqui.-rtion 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 />spect.tve signatures: <br />C <br />(SIGNATURE t6 FF BORROWER) <br />DATE. a4—&— / , I <br />(GO'NEo OR LI ENHOLDER) <br />DATE ` -z7 <br />(-61 GNAIURE OF /tlgeROOWEERRRS <br />DATE a,, l_ - - - <br />DATE <br />- (OWNER OR LIENHOLDER <br />• L'. S. GOVFRNNIENT PRINTING OFFICE: 19 ;8 O - �9oo9r� <br />