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A <br />COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE s T COUNT <br />r CORPORATION FORM 297 COMMODITY STABILIZATION 'SERVICE A""h <br />COMMODITY CREDIT` CORPORATION .. ` -- <br />SEVERANCE AGREEMENT SERIAL NO. <br />Whereas of //-J <br />I <br />AM OF ORROWER) _A ORE$ <br />County of State of Q�'C ✓ hereinafter 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 />on the follp4ng de cribed real. estate situated in the C unty of <br />State of � =". ` t <br />J -- `on the �J of the 4 of Section <br />Township Range <br />and, <br />Whereas the borrower has agreed to give Commodity Credit Corporation or its approved lending agency a mort- <br />gage ii'en -M "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 characiggr, shall be removable from the real estate, shall be <br />treated ao 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 heretofoz'e 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, i #.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 -fora 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 />_ . SUI�ANCE C �6blk` OF A RICA.. <br />G <br />SIGNATURE / B ROWER) OR LI NHOLDER) <br />/� <br />DATE [ v DATE <br />(S.I.GNATURE OF BORROWE, "S.POU ) (OWNER OR LIENHOLDER) <br />DATE l`� -1if1 , ._ DATE <br />}U. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />K -IN. 0. (w000,: ST.F,EL, EZ..C. -.).- <br />C_APP'ACI.I.TY (aUSHELS oTe-- rex+r� <br />vTYPE <br />on the follp4ng de cribed real. estate situated in the C unty of <br />State of � =". ` t <br />J -- `on the �J of the 4 of Section <br />Township Range <br />and, <br />Whereas the borrower has agreed to give Commodity Credit Corporation or its approved lending agency a mort- <br />gage ii'en -M "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 characiggr, shall be removable from the real estate, shall be <br />treated ao 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 heretofoz'e 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, i #.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 -fora 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 />_ . SUI�ANCE C �6blk` OF A RICA.. <br />G <br />SIGNATURE / B ROWER) OR LI NHOLDER) <br />/� <br />DATE [ v DATE <br />(S.I.GNATURE OF BORROWE, "S.POU ) (OWNER OR LIENHOLDER) <br />DATE l`� -1if1 , ._ DATE <br />}U. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />