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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE <br />COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT <br />S7 � ,�� - COUNTY: <br />SERIAL N0. <br />Whereas, C-A"" /. llA ti �, of .7rC -Ka t,- r.- cz -'� -� <br />AM E-- F- BORROWER) '(- ADDRESS) <br />County "oL 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: <br />TYPE <br />KIND (W. D. STEEL. ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />I <br />on the fo ng escrYbed al estate situated in the y of"` <br />State of ? � nn th of the �RS k of Section <br />i r- <br />S SF 71i , Townsl^ip Rye n <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 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 <br />I <br />(SI GNATURE OF BORROWERS <br />DATE <br />(OWNER OR LIENHOLDER) <br />DATE <br />DATE <br />OWNER OR LIENHOLDER <br />CU. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />