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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE STATE COUNT <br />CORPORATION FORM_ 297 COMM=I.TX. -STAR I- LIZ_AIJON. SERMICE_. -_.. <br />_.. <br />.. - _ <br />COMMODITY CREDIT CORPORATION If <br />SEVERANCE AGREEMENT SERIAL "°• <br />Whereas,. of <br />t�(NIME OF BORROWER) (ADDRESS) <br />County of , 0 1 , State of Z_lrePeinafter 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 />!KIN WOOD. STEEL.•ETC.). ._ ., <br />��'CAPACI TY_�Bl75H Rt5 OR TONS) <br />on the fol q de gibed real estate situated in the County of =%Y <br />State of��.� a ''On the . <br />- of the of Section <br />Township Range <br />and, <br />Whereas the - borrower -has- agreed to give Commodity . - Credit Corporation or its approved lending agency a moand <br />gage lien on said storage structure: <br />i\low, therefore, the parties hereto do covenant and agree that such structures'an—d - equipment: <br />1. Shall remain severed from said real estate, an <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; 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 o{rtion of the- Commod- <br />itS Credit Corporation 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 witness whereof, the undersigned have executed these presents on the dates immediately below their re- <br />spective signatures: — -- - <br />(SIGNAT E �O[F BORROW -4 �. _ (OWNER OR LIIENNHHO(((LD R)� <br />DATE 1,4 / % [ i DATE t <br />SIGNATU OF BORROWERS SPOUSE) (OWNER OR LIENHOLDER) <br />DATE � <br />� � e � <br />DATE <br />*U. S. GOVERNMENT PRI \TL \'G OFFICE: 1958 O - ?90699 <br />