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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE, <br />CORPORATION FORM 297 COMMODITY STABILIZATION'_SE,RVtCE- <br />(S -1 -S6) COMMODITY CREDIT CORPORAtt64 <br />SEVERANCE AGREEMENT <br />SERIAL INO. <br />Whereas, , of Or <br />NAME OF BORROWER) (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 striicture, - to. -wit <br />- TYPE <br />KIND (W D, STEEL. ETC.) <br />CAPACITY ( OR TONS) <br />OR LIENHOLDER) <br />DATE <br />/BUSHELS <br />�/ <br />on the follo g des ribed real. state situated in the County of <br />State'of� 'o on the of the 4 of Section <br />Township /Z Range f- -wand, <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 qr.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 />(SIGNATI) E OF BORROW /R`� <br />DATE `� <br />(SIGNATURE OF BORROWERS SOUSE) <br />DATE <br />/ <br />DATE <br />OWNER OR LIENHOLDER) <br />AU. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />AV��� <br />OR LIENHOLDER) <br />DATE <br />G�(OWNF.R <br />Z <br />�/ <br />DATE <br />OWNER OR LIENHOLDER) <br />AU. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />