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COMMODITY CREDIT... U.S. DEPARTMENT OF AGRICULTURE ST TE COUNTY <br />co RPORATION- FORM ;297 COMMODITY.- STABI•L RATION L SERV I CE. - - <br />COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT ..... 9ER1AL No 1. <br />Whereas, <br />of <br />AM OF BORROWER V% � ,. � (ADDRESS) <br />County of State of ereinafter called,_the "Borrowe,r <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 construct -ing the following storage structure, to -wit: <br />TYPE <br />KIND (w OD, STEEL. ETC.) <br />CAPACITY',(BUE.HELS ' rOR '1'O,NS) <br />on the followi des ibed real a ate si iated in the County of ' <br />State of � /� � <br />on theL4Z1 0- Qflthe 110 _ of Seotior. <br />! <br />Township zz Range. <br />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 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 opption 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 />JOHN HANCOCK MTT�?.6,V %I1dSUftA CE COMPANY <br />�Zi/, j( _f•; � , 1; �i <br />(SIGNATURE OF BORROWER) <br />_ (E.C.R� d (OW AHsOLs_sant Preasur'eer r <br />3 j of M+oc_ Page DATE <br />16` Hab]° ds .N"raska) <br />(SIGNATURE OF BORROWERS POUS 'WJ.1 R OR - ENkOLDER) <br />6 DATE Apri3 17� <br />DATE <br />,,7fi J <br />CU. S. GOVERNMENT PRINTING OFFICE: 1956 O - 490699 <br />