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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE <br />(6 -1 -56) COMMODITY CREDIT CORPORATWN . <br />SEVERANCE.AGREEMENT . <br />COUN <br />SERI AL NO�. <br />I <br />Whereas, of _ <br />N ME OF BORROWER) -- (ADDRESS) <br />County of—� State of reinafter 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 (WOOD, ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />- - - - -- -- -- - -- <br />/STEEL. <br />-- ,rte "� <br />AS- <br />30 / 3 <br />on the following described real estate situated in the County of — <br />State of — :on the of the 113 of Section <br />'19 _ >• Township . Range <br />awi <br />Whereas the borrower has agreed to give Commodity Credit Corporation or its approved lending agency a rrort- <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 />s"tiuoture 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 />, t <br />7�SIGNATURE OF BORROW <br />DATE <br />'i�lStIGNATURE OF BORROWERS SPOUSE) <br />DATE <br />CJI (OWNER OR LIENHOLDER) <br />DATE <br />(OWNER OR LIENHOLDER) <br />DATE <br />*U. S. GOVERNMENT PRINTING 07FICE: 1958 O - 990699 <br />