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CORPORATION e64MI297 COMdODIITYASTAM LIZATIOW SEW <br />t RE7 • -ri' ,ST COUNTY <br />(bt.56) COtiMOD I TY CREDIT CORPORATION <br />SEVERANCE AGREEMENT SERIAL NO. <br />Whereas, ` of, <br />N.fi, 0*. Bo Raow&4t -- _. ;(ADA RES ) - <br />Count,7�•of State.of -!r,� bs+linafter called the "Borrower" <br />has applied to the Commodity Credit Corporation for ,.a .loan..or, for the guarantee of. a loan. for, the' purse <br />purchasing -and erecting or eonstructing the following storage structure, to -wit:" <br />TYPE <br />K "(WOOD. STEEL, ETC.) <br />CAPAC I TY ;( BU SH EL S� �OR �ON'S) <br />. 3a,� <br />- <br />on the „foll�a ng escr'ibed 1. estate- situated in,the County of <br />State of ri :on the of the 1v of Section <br />- 3 , Township Ranee 2 <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 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 />(GN RE O /F,, BORROW /) <br />DATE �° �CL✓ <br />,X - <br />(OW ER OR LIE OLDER <br />DATE p7�� <br />TT— (SIGNATUR /E.OF BOORRROWEERR SPOUSE) <br />DATE �/ g �/ / LQ DATE <br />OWNER OR LIENHOLDER <br />-- - -'--- - *U. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />
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