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1 <br />COMMODITY CREDIT U. S. DEPARTMENT OF- AGRICULTURE i I S E COUNTY <br />•.CORPORATION FORM 297 COMMODITY STABILIZATION - SERVICEz - <br />(61 -lib) COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT SERIAL NO <br />(NA OF BORROWER) <br />,(ADDRESS) <br />County . of_ - ��p State of reinafter called the "Borrower" <br />has applied to the Commodity Credit Corporation for a loan or for the guarantee of a loan' €or the purpose <br />purchasing and erecting or constructing the following storage structure, to -wit: <br />&A-4TYPE KIND (w0 . STEEL. ETC.) CAPACITY'(BOSHELS OR TONS) <br />on ,the fc�inng c,�escribed real estat situated in the County of <br />Sate of _4 �Fj '�,m the % of the ' of Section <br />Township Al ...__ilarlge, <br />- '- ��±.........�; -and, <br />Whereas the borrower has agreed to give Commodity Credit Corporation or its approved•7eil�lxng agency a mort- <br />gage lien on said storage structure: <br />low, therefore, the parties hereto do covenant and agree that such structures and equipment:. <br />s 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'rX-e real Fstaie; shall be <br />j treated as personal property with respect to the rights of the parties, and, shall not hecolne ,.lxtuies or art of the <br />real estate; and, ,I,p. <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, unti , , <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 b)• 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 />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.,Aga Xanaor <br />4MSIGNIVURE OF.BORRONER1 (OWNER OR L ER) <br />DATE / {/P (/,Jt DAT llovemher 2� Ago Mir <br />ell <br />(SIIGNATU OF BORROWWEERS OUSE) <br />DATE 1` — /_ `E OW° <br />/ <br />DATE <br />(OWNER OR LIENHOLDER) <br />OU. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />