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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE STA cou <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE_ ` <br />COMMODITI r✓- CRELIIT- .CARPAR.ATION... ... _..... � �j %% <br />SEVERANCE AGR NT SERI No, ,v —el � ) <br />7 T <br />A Whereas, C l,- ° of �c <br />NA E OF BORROWER) (ADDRESS) <br />County of A/�� State of _ �. h inafter 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 />KIND ( OD. STEEL. ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />I <br />on the foll wing scribed re 1 estate �j+itttated in the County of <br />State of (_ z✓L <L- ! on the l of the � � y' of Section <br />.�� 9 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 herkofore 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 tl>_rou h 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 />dat, 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 />(SIGNATURE OF Op",wER) <br />DATE <br />BORROWERS SEL is �—n <br />(SIGNATURE OF���� <br />DATE z <br />A <br />( OWNER OR LIEN OLDEP.) <br />DATE ' 'C_,CJ __- <br />1 <br />7 <br />(OWNER OR LIENHOLDER) <br />DATE � -- <br />s <br />*U. S. GOVERNMENT PRI \TLNG OFr TCF.: 1958 O - 490699 <br />
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