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1. ,COMMODITY CREDIT'' U. S. DEPARTMENT OF AGRICULTURE srA couNTY <br />"CORPORATION,_; FORM ? 3Z_. 9x. �COMMOD, ITY. §16,PiL.I,ZA��,]'ION :SERyICE.__ _._._ . <br />(b1 -56)j� tOMI4OD'fTY°Nffif° coitpoRATm - <br />SEVERANCE AGREEMENT SERIAL No. <br />/I <br />Whereas <br />of <br />AME F BORROWER) (ADDRESS) <br />d:W County of State of I OZA44� e inafter 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 />._KI NO. -(- O.D—. STEEL. - .ETC.) ..CAPACITY (BUSHELS OR TONS) <br />on the foll g d cribed rea estate situated in the County of <br />State of !!'� on the of the of Section <br />Township /% Range /z <br />- and, <br />Whereas the--b_orrower• has agreed to give Commodi -ty 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'subje'ct 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. Sha4I; if acgvired'by Commodity Credit_Cotporation through foreclosure ..or other means, at the opption of the Commod- <br />ity 4rectit Corporation remain on the above described real estate for a peiio-d-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 />0 A <br />( I-NATU E BORROWER) <br />DATE <br />( GN A TURE OF RROWERS. SPOUSE)' <br />DATE <br />(OWNER OR L NHOLDER) <br />DATE 7 <br />DANE <br />OWNER OR LIENHOLDER <br />*U. S. GOVERNMENT PRINTLNG OFFICE: 1958 O - 990699 <br />