Laserfiche WebLink
COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE " STATE COUNTY <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE <br />16-1 -561 COhIMO'DT TY `CRED IT'C FVMRATTDIV'.— ` _ <br />_ ._ �..�__._ . <br />SEVERANCE AGREEMENT sERI "` NO <br />_C/ya - <br />Whereastip —rc,t e �. �c of �-�6�� <br />NAME OF BORROWER) (ADDRESS) <br />County of _46 , State of �_ hereinafter called the "Borrower" <br />has applied to the Commodity Credit Corporation for a �­ban or for the guarantee of a loah.fot the purpose <br />purchasing and erecting or constructing the following storage structure, to -wit: <br />-T1_' � "— TYPE" "' ,,, _.. <br />'KIND (WO(oD_•STEEC; ETC.)' •- <br />CAPACI-T— Y�f(BU SN E -LS OR TONS <br />,1•yI <br />on the followj'�,g, described real estate situated in the County of- <br />State of— / L� 6 <br />—� �s °�� on the '` of the4 of Section <br />I?- , Township /f 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 realty on which it is placed, until, <br />(a) 'Me 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 (6) months after the <br />sate of acquisition by Commodity Credit Corporation at no expense to Commodity Credit Corporation. <br />Tn witne=ss whereof, the undersigned have executed these presents on the dates immediately below their re- <br />spective signatures: . <br />l <br />(S - NATURE OrF__3ORROWERI ( OW.ER OR LIENHOLDER) <br />DATE - `! a �� DATE <br />(SIGNATUURE�OF•BORROWERS SPOUSE) <br />DATE <br />- -� -- <br />DATE <br />OWNER OR LIENHOLDER <br />*L. S. GOVERNMENT PRJ \TING OFFICE: 1958 O - 190599 <br />