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CONOAMNTY CREDIT U. S. DEPARTMENT OF AGRICULTURE IST <br />ST <br />-� CORPORATION FORK, 297 COMMODITY STABILIZATION SERVICE <br />(6 -1 -56) c6MMOD17Y CRED -IT "CORPORATION <br />Whereas, <br />SEVERANCE AGREEMENT I SEMI AL NO. <br />AME OF BO <br />of <br />ADDRESS <br />County of State of _ ereinafter 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: F133283 <br />TYPE . <br />KIND (WOOD, STEEL. ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />"o <br />jj..._ <br />on the fol ing d scribed rea estate situated in the County of <br />State of — on the y-�y e _ of Section <br />Township Range and, <br />Whereas the borrower has agreed to g.ive.Commodi,ty Credit Corpo�ation.or its approved lending agency a mort- <br />gage lien on said storage structure: <br />until said lien of the Commodity Credit Corporation is repaid <br />Now, therefore, the parties hereto do covenant and agree tha 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 b6�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 'ar,quired - =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 Corporltion 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 />, <br />'PlIE �iUI + ` '• <br />- -- — t 1t :.r Q .y. <br />'(SIGNATURE OF BORROWER) Will3.am BO-61m) Hi�D E• •1wlc%8 .6 ME t'esident <br />DATE AT i 9119./60 <br />(SIGNATURE OF BORROWERS;.'SPOUSE) Elsie- BOeka) - " "` °(OWN.ER OR- L I ENHOLDER) <br />nATF <br />STATE OF NEW YORK ) <br />) ss <br />COUNTY OF NEW YORK) <br />Before me, the undersigned, a Notary Public, in and for said County and <br />State, on this 19th day of September 19 , personally appeared <br />to me known to be the identical person who <br />subscribed the name of the maker thereof to the foregoing instrument as its <br />Sspnd V _e PrPRiri.nt , and acknowledged to me that he executed the same <br />as his free and voluntary act and deed and al; the free and voluntary act and <br />deed, of such., ,,C.orporation, for the uses and purposes therein set forth. <br />ven.: -under my hand and seal office the day and year last above <br />MARIA O'NEILL <br />Notary Public, State of New Yait — <br />. Qualified in Kings County No. 24.29659,54' <br />Cert. filed New York County Clerk Office <br />Commission Expires March 30, 1961 <br />