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nculi U. 5. DEPARTMENT OF AGRICULTURE- STATE <br />rbRPORAT ;'N -FORM Z97 COMMOD-1 -Ty STAE•Et1.EAT#AN •SERVICE r <br />16 -1.56) - COMMODITY CREDIT` CORPORATION <br />SEVERANCE AGREEMENT SERIA NO: <br />_COUNTY: +�'`�� <br />) <br />Whereas, of <br />NA 11 OF B RR (A DRESS) <br />County of State of Hereinafter called the �,Rorrower>> <br />has a 'lied ,to. the,Conigodity Credit. Corporation. for a loan ,or fQr,,the. guarantee'.of a loan? for: rt' le::pu.,•pose <br />purchasing and_erecting.or constructing the following storage structure, to -wit: <br />,(BU Seri El O,R -TONS) <br />on the- following described real estate situated in the County of- - <br />State of on the% Hof t • <br />q Of Sz uo , <br />Township /i Ran ey ✓ �Z <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 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 througgh for or other means, at the opption 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 />7 <br />(SIGNATU Te OFF BORROWER) <br />DATE —p 9 <br />.(SIGNATURE ,O-F BV"KUwLR5 SPOUSE) <br />DATE <br />(OWNER OR LIENHOLDE.P -1 <br />DqT E �� % <br />DATE <br />OWNER OR LIENHOLDER <br />trU. S. GOVERNMENT PRINTING OFFICE! 1958 O - 490699 <br />