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COMMODITY CREDIT U.. S. DEPARTMENT OF AGRICULTURE rE couNrw <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE / <br />1.56) COMMODITY CREDIT CORPORATION ^ /�'�r �`�•�{�� �_ � >C\�j�� <br />SEVERANCE AGREEMW SER4AL,N0� <br />Whereas, of <br />IAM OF BOP OWER) (ADDRESS) -- <br />County of _ , State of_ -- nafter called the "Borrower" <br />has applied to the Commodity Credit Corporation for a loprt 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 (w OD, STEEL. ETC.) CAPACITY PUSHtLS OR TONS) <br />on the fol g described re estateisituated in the County of <br />State of E -c - <br />w of Section <br />'T'ouns_U / D Naze C--- <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, s <br />I <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 c <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, l <br />aP. <br />(a) The expiration of Commodity Credit Corporation's lien and any extension or renewal thereof; and, Ni <br />(b) Until repayment of said loan. <br />Il <br />4. Shall, if acquired by Commodity Credit Corporation through foreclosure or other means, at the opption of the Commod- s <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 />(SIGNATURE OF BORROWER <br />DATEy� <br />/(SIGNAT IE OF BORROWERS SPOUSE) <br />DATE "'GTE -"ems CGS U <br />6-5 <br />'t (OWNER OR LIENH /OLDER <br />DATE � <br />,(OWNER OR LIENHOOLQDER) <br />8U. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />