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MM00 I TY CREDI -T -U. S. DEPARTMENT OF AGRICULTURE - STATE <br />ORATION. FORM 297 COMMODITY STABILIZATION SERVICE;'' ' <br />I61 -56) COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT SERIAL " °' <br />z- <br />COUNTY <br />'% . f,... <br />' s? NAME.OF BORROWER) A ADDRES,, <br />d the <br />ereinafter calle.. ", $orrower" <br />Mate of <br />h>i „s applied to the Commodity Credit Corporation for a loan or for the guarantee of a loan for the purpose <br />ptiFchasing and erecting or constructing'tlie'following storage structure, to -wit: <br />s<3 <br />TYPE KIND (WO°U. STEEL. ETC.) CA,PA�11T1� (BII �NELS - OR TONS) <br />rr <br />on the foll de gibed rea estate situated in the Co my of <br />State of L= 9L'��2 -- ion. the c of the ZY �-, of Section <br />l , <br />_. Township ye ,1�_,,_-L” — , <br />Whereas the borrower has agreed to give Commodity Credit Corporation or its approved lending agkncy 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, 1' <br />2. Even if attached to the realty, shall retain their personal character, shall be removable from the real '6oy�)Igh4ti'i` be <br />treated as personal property with respect to the rights Qf the parties, and shall not become fixtures or a parE 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, untill, <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 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 />date of acquisition by Commodity Credit Corporation at no expense to Commodity Credit Corporation. <br />r In witness whereof, the undersigned have executed these presents on the dates immediately below their re- <br />spective signatures: <br />The Federal Land Bank of Omaha <br />By Grand Island Federal Land Bank Ass'n.,Agent <br />/ <br />(SIGNATURE OF B RROWER) /_ (OWNER OR OLDER) <br />'DATE D T <br />Q <br />(SIGNATURE OF OR ROWERS SPOUSE) (OWNER OR LIENNOLDER) <br />DATE DATE <br />*U. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />