Laserfiche WebLink
coMwgRlry CREDIT U. S. DEPARTMENT OF AGRICU6TURE;' s- couN <br />CORPORATION •FORM 297 COMMODITY STABILIZATION SERVICE" <br />Is -/ -ssl COMMODITY CRED f T CORPORATION <br />AkLicc� - wak_� <br />SEVERAN E AGREEMENT SERIAL NO. ' <br />r <br />0 ? �z <br />Whereas,- of <br />F� N E OF BB�ORRO,WERI (ADDRESS) <br />County of L,;l State of <br />hereinafter called the "Borrower" <br />.has applied to the Commodity Credit Corporation or 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 />_J TYPE <br />KIND ( OD• STEEL, ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />r <br />on the fong described re,31 est a situated in the County ofJ X� <br />State of f�� „w�� ��.L��J _ :on the t� �i_ of the 4 of Section <br />—1( 2 - _,.._s Tnwnship /f, Range t� <br />4 ; 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 />�, <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 <br />real estate;_ and, shall not become fixtures or a part of the <br />' <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, I . t the opption 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 />(SIGNATURE OF BORROWER) <br />DATE O <br />p(SIGNAT E OF BORROWERS SPOUSE) <br />DATE <br />•3 4 J1_� <br />X � <br />(0 NEP OR ENHOLDER) <br />DATE <br />DATE <br />OWNER OR LIENHOLDER <br />*U. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />