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3 <br />'COMMODITY C EDIT: U .S.'- DEPARTMENT OF AGRICULTURE <br />CORPORATION ;O RM 2'97 COMMODITY STABILIZATION SERVICE <br />(6- t =,'Sj1 °. ` COtvIMOb1 :TYgAtT...00RWRAT.I "AN:: .... <br />SEVERANCE AGREEMENT <br />Whereas e of <br />STATE COUNTY <br />SERIAL NO. <br />� <br />700 d <br />NAME OF BO OWER) k (ADDREA ) <br />County of T2L,44-e , State of__ _ hereinafter called the "Borrower" <br />has applied to the Commodity Credit Corporation fora 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 (WOOD, STEEL, ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />on the followi described real estate situated in_the County of <br />State of- <br />04--e! :on the of the r of Section <br />..Township i 10 Range /�• <br />.. , and <br />Whereas the borrower has agreed to give Commodity Credit Corporation or its approved lending agency a mort- <br />gage Bea 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 reel 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 P 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: 04A_NEoRASKA MORTGAGE LOAN OFFICE <br />THE PRUDENTIAL INS. CO. OF AMERICA <br />DATE 6_1 <br />AHA NEBR. <br />(OJ. RV OR LI ENH•�D <br />DATE - <br />X uaw <br />X <br />(OW /N ER OR L ENH DER) <br />DATE S GD - <br />\, *U. S. GOVERNMENT PRI \TLNG OFFICE: 1958 O - 490699 <br />