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COMMODITY CREDIT <br />CORPORATION FORM 297 <br />(6- 1-56)— - <br />Whereas <br />U. S. DEPARTMENT OF AGRICULTURE <br />COMMODITY STABILIZATION SERVICE <br />COMMO D •I TY- C R ED I T` CO R PORAT-tON <br />SEVERANCE AGREEMENT <br />ST COUNTY <br />SERIAL NO�� <br />_6 ve, — <br />„<C_,OWERj (ADDRE <br />County of State of reinafter called the "Borrower" <br />has applied to the Commodity Credit Corporation for a loan or for the guarantee of q,.loan for the purpose <br />purchasing and erecting or constructing the following storage structure, to -wit: .} <br />on the following described real estate situated in the County of <br />State of <br />--.on the 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 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 es,talg_, 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 liep'bf arty security transaction or instrument heretofore or hereafter rising against the <br />structure or realty on which it is placed, until, <br />ia) The expiration of Commodity Credit Corporation's lien and any extension or renewal thereof; and, <br />b) T)ntil repayment of said loan. <br />1. Shilljf acquired. by Comm4ity- Credit_C-ogporation through foreclosure, or other-megns .j. at_the o.p tion of the Commod- <br />it} Credit Corporation remain on the above described real estate for a period not to exceed six (6) months after the <br />date of acgcisition 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 />((S SIGNATURE OF BORROWER) <br />DATE <br />l <br />, <br />.._ (BS_..I -.G / O F B ROWERS S SPOUSE). <br />DATE .. <br />-.. ..� ..�_ .._ .. .. <br />(OW R OR LIENHOL,ER) <br />DATE <br />DATE <br />OWNER OR LIENHOLDER) <br />�L. S. GOV?'R_1"�fEVT PRI \TI, \G OFr1C E: 195fi O - egp�99 <br />YS <br />