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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE I S T ATF) <br />'CORPORATION FORM 297'" COMMODITY STABIt:'IZATiON SERVICE - -- <br />(6 -1-56) COMMODITY CREDIT CORPORATION Q <br />SEVERANCE AGREEMENT <br />SERIAL NO. <br />r7 --7D -7 f <br />COUNTY <br />—o c/- 0. <br />Whereas, of —— <br />�OFF (ADDRESS) <br />County of State of 1lereinafter 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 - KIND ( OD, STEEL -. ETC.)- _ CAPACITY(BUSHECS OR TONS) <br />on the folly deSC bed real estate situated in the ounty of — <br />State of__��'L'��'� ` —•biz the � C��f the w 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, therefoce, the parties hereto do covenant and agree that such structures and equipment: <br />T. Shell recrlain severed from said real estate,'and, . <br />2. Eden ii aaached 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 />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 />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 sienatsres: <br />Til IOltE'P' �.�7`! '1: UA LIFE 1`71SU't.`a(l CO <br />'.f}!.p��'✓� CST f�� 3 `: o. W. - - -- <br />T (Ow. ER OR_Ll NHOL mER) <br />Fariuson, a.Ia. -es Fa la •:�oxc ; <br />DATE ✓ - J -If V DATE larch <br />Zby 7 E� - - - -. - -- <br />(SIGNATURE OF BORROWERS SPOUSE) - (OWNER OR LIENHOL DER) <br />DATE DATE <br />*U. S. GOVERNMENT PRINTING OFFICE: 1958 0 - 490699 <br />
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