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.L <br />MMODI Tr 'CRED.I T U. S. 'DEPARTMENT OF <br />AGR I :Ct�r <br />DRAT 1 ON FORM COMMODITY STAF I L i Z R t�uitE <br />1 CE f <br />16 1.6 SO <br />COMMODITY CREDIT CDR PORA, <br />SEVERANCE AGREEMENT SERIAL No. <br />Ll �'7_6 <br />COUNTY +� <br />rea of <br />N E *FF BORRO,"R); • (ADDRESS) <br />Ity of ,;.State.of' �bereinafter called the "Borrower" <br />applied" .t'd "CherComnodity rad t`'Corpo'ration for° a 'loaff or for the guar'antee of a loah'Ior the purpose <br />;hasing and erecting or constructing, the' follrnuing .storagec::structure,ato. wit:' =" <br />f TYPE KIND (WO", STEEL. ETC.) CAPACITY (BUSHELS OR TONS) <br />on the fo1Lo dese 'bed real. state situated in,th0 Cpunty of <br />State of - - -� dri the: of 'the - -- of Section <br />Township Range (� <br />and, <br />Whereas-the-borrower has agreed to give Commodity Credit Corporation or its approved lending agency a reort- <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 apart 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 ifis 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 />�� - -- - <br />(SIGN ATU E OF BORROWER) (OWNER OR LI ENHOLCER <br />DATE -O� lU �/ DATE <br />(S NATURE OF BORROWERS SPOUSE) <br />DATE <br />DATE <br />(OWNER OR LIENHOLDER <br />*O, S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />