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COM40DITY CREDIT U. S.- a- DEEORIMERT.DE, AGRICULTURE_ <br />CORPORATION. aR1! 29Z__...- CS]MMiZD.I -IY. ,$ZQA ,�GIQJ1l. SEQ.V.j.CE... _ <br />(6 -1 -S6) COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT <br />$ _ COUNTY <br />SERI AL. N-0. �_ —� �� •..n �� ��,s <br />Whereas, V ,g_Q[G'�/1�, of _. <br />ME OF BORROWER) (ADDRESS) <br />County of State of einafter 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 sTE.EL...ETC ] <br />- - CAPACITY (BUSHEL$ eN <br />%1 <br />jtJf�- <br />�p iJ o U <br />on the follo described real estate situated in the City of <br />State of ( 1 .. <br />on the of they 71 of Section <br />Township % Range 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 ?s personal property with respect to the rights of the parties, and shall not become fixtures or :a part of the <br />- ea estate; and, - -_... <br />$. Shall not be subject to the lien of any security transaction or instrument heretofore`or hereafter rising against the <br />structure or.rea3ty on which it is pl -seed, 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 tbrough foreclosure or other-means,--at'tlre opptiosof -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 CommodUy..Gredit_Corporation. <br />In witness whereof, the undersigned have executed these.prespncs on the dates immediately below their re- <br />spective sienatures: <br />The - Federal. Land.Bank of Omaha- <br />j� By G a Island Nati nal Farm Loan-Ass_'n.,Agent <br />GNATU E OF BORROWER) By G (OVi R <br />�tq� v� l � � � ! �t ,39c�`�'t'*t�"�reasurer <br />DATE �( AT er 21 1959 <br />I , <br />( GNATURE 0F' BORROWER` &P0U64- )­__......_.. .. ._.._ .. _.___. <br />DATE DATE <br />(OWNER OR LIENHOLDER) <br />*U. S. GOVERNMENT PRINTING OFFICE: 1959 O - ?90699 <br />