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F2-q3Li <br />COM-I I TY CREDIT Q; S. DEPARTMENT DFAGRICULTURE s COUNTY <br />%RK 297, -C,OMMODJTY-STA.I.L4tZAZ4wDN?R.&AET44WNc­E <br />COMMODITY CREDIT CORPO0N�m :. <br />as <br />SEVERANCE AGREEMENT SE L NO. <br />SAI <br />Whereas, f <br />IN E �il (A <br />Z, PO <br />�30 n. 4 <br />7;- <br />County of _:i-s f 0 '':111 called ; the %,rciwer <br />Cate o 011L 1 <br />_-4�e i <br />-ar),lie -a loan for, the, pu e <br />has api io' 'the C�u4d!4 . —1. 1 �17 '- <br />1 4 ;qrpPratio <br />.�7fjr. thii guar rpos <br />purchasing and erecting or constructing the following storage structure, to-wit: <br />TYPE KIND OOD• STEEL, ETC.) CAPACITY (BUSHEL�%ItiQ -TONS <br />Al i I A-1-01— <br />�_. - - 1 7- 1__1ll`_a <br />on the <br />described <br />State of <br />and, <br />Whereas the bor;jol; agreed to give.Commodity . Credit Corporation or . its approved lending agency a mort- <br />gage lien on said storage structure: <br />. . .... <br />No., ther_Iifore, -the parties hereto do coiWE:rLf' a_'n_d'a'gr_e'e that such structures an - d equipment: <br />1. Shall remain severed from said real estate, and, <br />2. Even if attached to the realty, Shall retain their personal charaPter—ShQ1.1 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 <br />real estate-, and, part of the <br />3. Shall not be subject to the lien, of *any security trantre�61-ion,br�4ni;-tra Ae-iit heretofore or her f <br />structure ,.:: - %�� ;- - :- 1 ; � . �. - �., 1,;I ! �,. , . <br />ucture or realty on -,l if is plficed, until, �a ter . rising a I gainst the <br />(a) The expiration of Commodity Credi•Corpbration's l•en.and arty ,extens ion. or-f e4 h6val -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 />,p - . not .to. _._C <br />date of acquisition by Commodity Credit Corporiftio'n'at no expense tib—bo-r-firodity 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 9ORROWER) <br />jATE <br />(SIGNATURE OF BORROWERS SPOUSE) <br />DATE <br />THE NORTHWESTERN MUTUAL LIFE INSURANCE COMP, <br />by <br />S41 <br />LOW EP OR LIENHOLDER) <br />Supt Secreta., <br />PATE 4� <br />DATE <br />(OWNER OR LIENHOLDER) <br />*TJ. S. GOVERNMENT PRINTING OFFICE: 1958 0 - 490699 <br />