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COMMODITY CREDIT;. U. S. DEPARTMENT OF AGRICULTURE S <br />CORPORATION FORM 297 COMMODITY STAUILIZATION SERVICE <br />(6 -1 -56) COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT <br />SERIAL NO <br />COUNTY <br />. �A" I �Z�, <br />_ /1 ///1 - LL 4 <br />Whereas Of <br />AME F. aO RROVER) "(ADDRESS) <br />Coun�.y,, p - State of nafGer 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 <br />KIND ( OD STEEL. ETC.) <br />CAP ACITY(BU SHELS�OR ONSI <br />.6 0 © /z.i <br />on the following described real. estate situated in c C5unty of <br />State of _ m the �GIf the of Section <br />>• Township — — ge <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 porties,,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 signatures: <br />X LE&O <br />SI RE OF SORB WER) y <br />DATE DATE <br />444ral /f6 - <br />/ 'a / <br />(SIGNATURE OF BOR 0 E S SPOUSE) <br />DATE � DATE <br />OWNER OR LIENHOLDER) <br />OWNER OR LIENHOLDER <br />• *U. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />