Laserfiche WebLink
,.. 4L <br />COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE STATE <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE ` <br />16-.1 -56)_ .,..:.::._ -_.. _ - COMMOD -TY- CREDIT. CORPORATJON .... <br />SEVERANCE AGREEMENT <br />Whereas, <br />of <br />\ (NAME OF BORTi4 R) (ADDR Sf <br />County of O�L _Z , State of Alo hereinafter called the "Borrower„ <br />has applied .to the Commodity Credit Corporation for or f or the guarantee of a loan for the ose ur <br />P p <br />purchasing and erecting or constructing the following storage structure, to -wit: <br />skr, .4 <br />SERI <br />COUNTY <br />7 -/ _ <br />/ aid // <br />TYPE <br />_ K19D (WOOD, STEEL. ETC.) <br />CAPACITY "(BUS+IELS OR TONS) <br />� <br />— Z <br />1f <br />I <br />on the follow'.ng described real estate s- ituated in the County of <br />�J <br />State of _ - -- on the of the w of Section <br />Township d'1�2_ Range <br />and, <br />Whereas the borrower has agreed to give Commodity Credit Corporation or its approved lending agency a mort- <br />gage lien 6n ' sai -& 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. Fven 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 />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 />1. Shall; if acquired by Commodity Credit Corporation through foreclosure or other means, at the opption of the-- Commod- <br />'ty 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 />1n witress whereof, the undersigned have executed these presents on the dates immediately below their re- <br />spective signatures: <br />(SICNA.TLL E F BORROW /+ <br />DA ?E <br />TU RE OF PORROWt5P0U SE) <br />DATE C <br />The Travt- F ar'� <br />MA.P,L .R <br />' + D_ r 9 ` 0.q id,3132sG Presidentitf <br />Attest Y . <br />Ste; Dees s5' t ' Secretar) <br />7 1 <br />DATE _ C`ctob�r''C}c L •Q ` `. <br />*U. S. GOVERNMENT PRIM 1NG OFFICE: 1958 O - 19001, <br />