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cOMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE'- _ _ 5T _ couNr <br />coR6oaAT'ION_'06W_'297 COMMODITY 5TKSIL12ATION SERVICE` <br />COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT SERIAL NO. �1 <br />4 " `7,5- <br />Whereas, of <br />E 0 ao ROWER) - /.- .. __ (ADDREFS) <br />County of „ "State Of _ reinafter:- called the `,Borrower" <br />has applied .to- the Commodity credit: Corporation for a -loan- (yr'for the guarantee of a .1 oan f5 'the. purpose <br />purchasing and erecting or constructing the following storage structure to -wi,t: <br />__ -- - TYPO KIND (W STEEL. ETC.) CAPACITY •,�BUSr+Eis� <br />I <br />on the foil g d bed estate situated in the County-Of <br />of J� <br />I �� �:. <br />State of �� L C����: on tre :.�/ of t "a y" 4 "cam Section <br />Townshi - - r a 2ge <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) lintil 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 (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 />(SIGNATURE OF BOR OWER <br />DATE'�/fy "�� sT�J l <br />I <br />SIGNATURE OF BORROWERS SPOUSE) <br />DATE <br />_ t <br />- ((OWNER OR LIENHOLDER) <br />DATE <br />(OWNER OR LIENHOLDER) <br />DATE , �� <br />*U. S. GOVERNMENT PRINTLNG OFFICE- 1958 O - 490699 <br />