Laserfiche WebLink
srecGing or constructing tlie+ foLlawin ' stor <br />(ADDRESAJ <br />reinafter, called the "Borrower" <br />for the 'guarantee of a loan for the purpose <br />structure, to -wit: <br />TYPE' KIND (WOOD,. STEEL. ETC.) CAPACITY (BUSHELS OR TONS) <br />on the fol ing escribed al estate situated 'n the County of <br />State o nn the .5 of the of Section <br />— , Tewnship ! gznge <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 />SIGNA RE OF B 0 R) <br />DATE y/ F /U� <br />(SIGNATURE BOR760 S- SPOUSE) <br />DATE <br />(OWNER OR LIENHOLDER) <br />DATE <br />DATE <br />ER OR LIENHOLDER <br />*U. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />