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` COMMODITY CREDIT S. DEPARTMENT AGRICULTURE ST 64E - courlrrY _ <br />CORPORATION FORM 297 COMMODITY STABILIZATION ZATION SERVICE '4> <br />COMMODITY CREDIT COR"P "OFF- ICi"IdPf" _ <br />�J <br />SEVERANCE AGREEMENT SERIAL NO. <br />Wherea f �.- <br />AME OF BORRO R) (ADDRESS) <br />County of State f = �'�reinater called the Borrower" <br />has applied<<tal:th -' Commodity Credit Corporation fora = loan•o "r for the guarantee of a loan for the purpose <br />purchasing and'erec'ung or`"tonstructirig the " fallowing storage "structure, to -wit:` <br />TYPE KIND ( oD STEEL, ETC.) CAPACITY (BUSHELS.OR TENS) <br />on the follow de ribed real state situated in the County of <br />State of G- on the, the -Of the : of Section <br />< 9 <br />Tovinshil <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 />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 whicb.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 option of the Commod- <br />ity'Credit Corporation remain on the above described real estate for a period not to exceed .six W 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 imnediately below their re- <br />spective signatures: <br />(SIGNATURE OF B&IRROWPI <br />DATE ` DATE <br />(SIGNA RE OF BO ROWERS SP USE) + <br />DATE ��� '� DATE <br />(OWNER OR LIENHOLDER)- <br />OWNER OR LIENHOLDER <br />4U. S. GOVERNMENT PRINTING OFFICE- 1958 O - 990699 <br />