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i,4F, ,. r ",p 11 <br />5 <br />Fp <br />tou+lOOrTr :cREOir. U., S DEPARTMENT OF;41Rt ` 9 <br />11►0RATION PORM 297 CQM,fODITY STABIL(ZATION ( E <br />lart -isl GIOO i T1f CRED I TCORPOfYJI <br />'o <br />SEVERANCE AGREEMENT„ <br />slile1 <br />, ereas, of <br />4#0 ESSa.:. <br />r <br />C °qty G , `State of ° ' Onafter called: the "'fioribwr r" <br />has, applied .to the Commodity Credit Corporation for a" loan or for the guarantee of a loan for. the purpose <br />ptl<rchasing and erecting or constructing 'the'`following storage' structure, to -wit: ' <br />TYPE. <br />KIND •.(W00 , STEEL.. ETC.) <br />CAPACITY (BUSH;ELS- ^OR._TONS),.•:' <br />i <br />a` 66 the .fo• ng scribes) re,' estate situated in the Coynty of <br />State of on the of the of Section <br />a <br />Tmnsr3p I &Wlge <br />.�......:.. ,Ind, <br />Whereas tle' borrower has agreed to give Commodity Credit Corporation or its approved lending agency a''mort- <br />r <br />gage lien on said,storage'structure: <br />. <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 />e'apeison'property with respect to the rights of the parties, and shall not become fixtures or a part of the <br />treated d Al' <br />real estate; and,...: <br />3: Shall not be aubject to the lien of any security'transaction or instrument heretofore or hereafter rising against the <br />realty on which it is until, <br />s - structure or placed, <br />M <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. Shah,` if acc}aireai bx:Commodity Credit Corporation through foreclosure or othermeans, at the option of the Commod- <br />ity Credit Corporation remain on the above descrilied 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,owreof, the undersigned have executed these presents on the dates immediately below their re- <br />spective signatures: <br />xY <br />OWNER OR LIENNOLDER <br />(SIGNATURE OF BORRO ER) ( ) <br />DATE TE <br />TSE NO• <br />t <br />iF <br />' <br />BYs <br />(SIGNATURE OF BORROWERS SPOUSE) - j1'4 E`i4 Ferg(zson, OR NHQJ.DEERR) Mort a es <br />jP� <br />DATE DATE October 2 1 0 <br />CU. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />' <br />