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• �. U[.rANIMLNT OF AGRICULTURE <br />TION FORM 297 COMMODITY STABILIZATION SERVICE <br />(ti-t -561 COMMODITY CREDIT CORPORATION <br />SEVERANCE AGRIERENT <br />Whereas, _ <br />-. --(/ \NAM£ 9'F- BORROWER <br />of <br />SERIAL NO.' <br />(ADDRESS) <br />County of_ r -P, � , State of _71- reinafter 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 following storage structure, to -wit: <br />v_ TYPE <br />KIND (WOOD. STEEL. ETC.) <br />CAPA( <br />1 <br />_ <br />ITY (BUSHELS OR TONS) <br />V <br />on the fol �}n ribed real s <br />t ate situated in the County of�� <br />State of— de -, : on the - of the of Section <br />Township j Range <br />Whereas the borrower has agreed to Corporation pp and, <br />g give Commodity Credit 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 throwgh 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 />In witness whereof, the undersigned have executed these presents on the dates immediately below their re- <br />spective signatures: <br />SIGNA /TORE OF BORROWER) <br />DATE_ <br />(SIGNATURE OF-17-100 B RRO /E RS SPOUSE) <br />DATE <br />,e53 <br />t <br />(OWNER 0R LIENH0LDER) <br />DATE /� <br />(OWN �R OR L71 ENHOLDER) <br />DATE — — / / Q / <br />PRINTI \C OF FIC F.: ri <br />K <br />;vOo <br />ti <br />
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