Laserfiche WebLink
S—IJ SL <br />SEVERANCE A6R�EMENT No <br />Whereas, of _ <br />W E OF 8 6J_2R WER) . (ADDR`ESS) - - - <br />County o State o f =`� ./Fil a nafte --called the "Borrower" <br />- has applied to =the Commodity :Credit Corporation bT a loan or for the-`guaradtee-of a loan`for = the - purpose <br />purchasing and`eiecti.ng or constructing the following storage structure, to -wit = - <br />E -L .S __O'R TONS) <br />on the f o 1,1f des ibed real. state- 81 in the unty.of <br />State of ��--L Ct-�f. :on the yt/ of thel It of "Section <br />Township & Range - <br />and, <br />Whereas. the borrower- hag agreed to_give Commodity.Credit._Corporation or its.approved..len ding . agency a mort- <br />gage lien.on said storage structure: <br />Now,. 'therefore, -the parties hereto do covenant arrd-agreE -that such structures and equipgent: - <br />1. Shall iPmain aevered from. said real, estate,. =and, <br />2'. Evunlif;attaehed to the realty, shall retain their personal character, shall be removable from the real estate, shall be <br />ttoated 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: Sha11 not $b sulijeci 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 repaymeni of said loan. <br />4. Shall, if- argaired,-by- Commodity Credit Corporation..through : fore-closure..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 dates immediately below their re- <br />spective signatures:. <br />THE NORTHWES A Z._ E INSUMICE COb1PAITY <br />(SIGNATURE OF BORROW ). 0 NER O L ENHO 0 <br />F. E. Fer son, . gexdrm ldortgages <br />DATE ` DATE October <br />E '(S GNATU RE OF RORROWE RS-SPOUSE)' = - - ''- - _ (OWNER OR LIENHOLDER) - <br />,. . <br />DATE( J DATE -- <br />*U. S. GOVERNMENT PRINTING OFFICE: 1958 O - 494699 <br />