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COMMODITY CREDIT U. S. DEPARTMENT OF AGR*ICULTURE.- ST couNr <br />COPPORATION FORM 297 COMMODITY STABILIZATION- ,SF 2yISE. _ <br />(6-1-561 COMMODITY CREDIT CORPOR'AT1 ON <br />SEVERANCE AGREEMENT SERIAL N0. <br />Whereas, <br />„ s NA <br />OF -80,RR6WEA) <br />(ADDRESS <br />County of a- iC,.� , State of -_ -- inafter 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 'fdllowing_ storage. structure, to -wit`. <br />TYPE KIND (WO0?j STEEL, ETC.) CAPACITY (BUSHELS OR TONS <br />44 <br />on the fol1 des d real state situated in the County of <br />Statq'of n the ] of the — �L= —a_T of Section <br />_ 1 , Township 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 />&,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 repay -meot 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 />dare 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 />(SIGNA URE. OF EI?0 P <br />0 F.R) <br />DATE 9 ( /[7 DATE _ <br />/%�SIGNATUR F BO RROjMERS,SPOUSE) <br />DATE �! y !/ ` � �O DATE _ <br />OWNER OR LIENHOLDER <br />OWNER OR LIENHOLDER) <br />^1'. S. GOVERNMENT PRINTI \G OFFICE: 1958 O — 490699 <br />