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F- 133285 . <br />` �=�co tfH°t`r a�yEdl�,rt U S � D •ARTMEN d � A R 4C(Jl. � _ coueT <br />cA1Y AT,AN FORM <br />04 29 COMMODTY STAN LfZATiON'SERGIL`E <br />7 I ' <br />a+ 4f44 6) a � C4)MN(DDITY B REDI ,i01;P �I` <br />�^ .' <br />S RIAL N0. <br />SEVERANCE AGREEMENT <br />Whereas <br />AM AP; so PROY♦ER)� .'.(ADDRESS) . <br />County, of State of ereinafter called the "Borrower" <br />has applied to.:the "Commodity Credit Corporation , or anloan' or 'for the guarantee of .a loan for the,, purpose <br />purchasing and'erecting oz -construLting�t 'fahla ing-'s orage'strtict�rre;''to =wit: <br />TYPE KIND (W OD. STEEL. ETC.) CAPACITY (BUSHELS OR TONS) <br />-moo _ <br />.. I. _. .. <br />on the- fol n desert real estate_situated in h� County of" <br />State:'of on the /?- of .e of Section <br />Township 4ge� <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 />until said lien of the Commodity Credit Corporation is repaid <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..attache'd to the•realty, shall retain their personal character, shall be removable from the real estate, shall be <br />-treated as. persgnal'property „with respect to the rights_ of the parties, -and shall not become fixtures or a part of the <br />1. real estate; "'and, <br />$."Shall not he 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) `Clbtil'repayment of said lo-air. <br />-7;:4, Shall; if `acquired by Commodity Credit Corporation ";througgh foreclosure or other means, at the option of the Commod- <br />ity Credit Corpora ;ion 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 sipnatures; <br />1 <br />.s <br />4r.4u <br />�-IG NATURE 0 BORROWER) . W R OW LI DATE _e2te(s <br />�/ l r� DATE <br />Z r ,�. ASStTETY <br />j.A, <br />(51 ATURE 0 BORROWERS .SPOUSE) `�LR� `s'r esident <br />DATE DATE <br />s °rAm>; of NEW <br />YORK <br />ss <br />COUBTY OF NEW YORK <br />Before me, the undersigned, a Notary Public, in and for said County and <br />State, on< this 11th day of ; (,eWber 19 60 , personally appeared <br />Fi„E]iamrr. ,, to me' known to be the identical person who <br />subscribed tiie,:name'of the maker thereof to the foregoing instrument as its <br />a p ;ne Pi+e�irlQtii , and"acknowledged tome that he executed the same <br />as his free rand" voluntary act` and dee& a'nd as the free and voluntary act and <br />deed of such ".Corporation,., for the uses and purposes therein set forth. <br />ha�ii and;seal',o ffce the day and year last above <br />MARIA O'NOLL <br />Iotary'Putitic, State'of New York " <br />�- <br />�z l � � �� ,� � � ,� ��el'CG f)ted Neer York County Clerk Offloe <br />7 <br />