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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE <br />QORPORATION FORM 297 COMMODITY STABILIZATION SERVICE <br />(6 -1 -56) COMMODITY CREDIT CORPORATION <br />. *- "- SEVERANCE`"AGRENENT <br />Whereas, 1K of <br />w� (yAME OF BORROWER) <br />COU <br />(ADDRESS) <br />5 <br />County of- - State ofd' _eeinafter 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 />K I N DjAIWO 0 STEEL. ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />on the follo de erlbed rea' o rrr estate kri t the County of <br />State of--- l�Z�_?? ' % _ <br />dYi tfie ,� 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 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 realtv`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 acqui_ed by Commodity Credit Corporation through foreclosure or other means, at the opp'ion of the Commod- <br />ity Credit Corporation remain on the above described real estate for a period not to exceed six M months after the <br />date of_acauisition by;(,cmmaOity Credit Corporation at no expense to Commodity Credit Corporation. - <br />In witness wheteef, the undersigned have executed these presents on the dates immediately below their re- <br />specave signatures: <br />(SI- NATU.RE OF ORROWER) <br />DATE_ <br />(SIGNATURE OF- BORROWERS SPOUSE) <br />DATE <br />(OWNER OR L'I-NHOLDE /R) <br />DATE _•1 - -� - <br />(OWNER OR LIENHO /L /DER) <br />DATE <br />1 <br />_;. S. GOVERNNTF \T PRINTING OF} -ICE: 1955 O - 490599 <br />