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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULT*JRE= -:. TE - COUNT <br />CORPORATION FORM 297 COMMODITY STABILIZATION 'SERVICE ^ <br />COMMODITY CREDIT CORPORATION a /J / <br />SEVERANCE AGREEMENT SERIAL " °' ® d <br />Wherea <br />of <br />{TAME O -FBORROWER) /.(ADDRESS). <br />County. of . -. State of hereinafter called the "Borrower" <br />ltas, applied .to the Commo ty Credit Corporation for a loan or for the guarantee of a loan for the purpose <br />-purchasing <br />-and erecting--or constructing -the following storage structure, to -wit: <br />'TYPE <br />KIND (W D, STEEL. ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />Ll 17 <br />on the foll` de cr'bed'real tate situated in the County -of <br />State of A :on the of the of Section <br />z, Towrnship Range / <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 BORROWERS O <br />DATE <br />IGNATURE 0 B ROWE ,OUSE) <br />or <br />DATE <br />�, g q"l <br />(OWNER OR LIENHOLDER)1 <br />DATE <br />t (OWNER OR LIENHOLDER) <br />DATE '"`- "' -?rs� 16/ / / G? <br />CU. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />