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COMMODITY CREDIT <br />• CORPORATION FORM 29 <br />161 :56) <br />U. S. DEPARTMENT OF AGRICULTURE <br />7 COMMODITY STABILIZATION SERVICE <br />COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT~ <br />SERIAL /N0. /e <br />COUNTY <br />Whereas, F� / !�'�� of -- <br />NAME OF BORROWER) (ADDRESS) <br />County ofd State of t u.�. hereinafter called the "Borrower" <br />has applied to the Commodity Credit Corporation for�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 (WOOD. STEEL. ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />on the foll wing described real estate situated in. the County of <br />State' of = on the of the - �� of Section <br />3 . - Townsrip Range <br />ands; , <br />Whereas the borrower has agreed to give Commodity Credit Corporation or its approved lending agency ,a mort- <br />gage as <br />on said storage_ structure: <br />Now, therefore, the parties hereto do covenant and agree that such structures and equipment: <br />I. 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 />structvice or 'realty on which it is placed, until, <br />(R� The expiration of Commodity Credit Corporation's lien and any extension or renewal thereof; and, <br />(b) Until repayment of said loan. r <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 />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 - dotes 4mnediately below. their re.- <br />spective signatures: <br />(SIGNATURE OF BORROWER) <br />I <br />DATE '" •. I >~ <br />IGNATUR OF BORROWERS SPOUSE) <br />DATE / 7 S <br />3g.3 <br />(OWNER OR LIIEENHOLLDDERR) <br />DATE 47t- _!- - -- <br />DATE <br />(OWNER OR LIENHOLDER) <br />.,... s. cove�rstii r:n r PRINTING Of 1 [CE: i—e o - ­09 <br />