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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE 5T <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE I <br />16 -1 -Sfil COM�60D1 TY CRED 1 Y tdRPOR,AT+ON <br />SEVERANCE AGREEMENT <br />SERIAL NO <br />COON D <br />-�� re _ Vo . <br />Whereas, of �y�'4� -�C_Z_ A-( .-- r1_C%✓�_� <br />NAM OF BORROWER) (ADDRESS) <br />County of State 11 after called the "Borrower" <br />has applied to t e 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 />_ NPE• - - -• "• - <br />KIND (•WO D, ,STEEL. ETC. <br />CAPACITY (BUSH-ELS- OR TONS) <br />D <br />_ I <br />on the foll?� dd`rbed real /"state situated in the County of <br />State of ?(� <br />on the of the r S / w of Section <br />? , Township Z(3 Range f <br />and, <br />Whereas the borrower has agreed to_give Commodity Credit Corporation or its approved lending agency a mort- <br />gage lien on'.aid 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 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 W 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 />(SI GNATU OF BORROWE <br />C <br />DATE <br />(SIGNATURE OF RROWE RS SPOUSE) <br />DATE 7 q <br />(OWNER OR LIE <br />DATE�!�_ .� <br />JO <br />DATE <br />(OWNER OR LIENHOLDER <br />CU. S. GOVERNMENT PRINTING OFFICE: 1955 O - 490699 <br />