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COMMODITY CREDIT U. S. .DEPARTMENT OF.AGRICULTURE: <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE <br />Ibt -56) COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT <br />IAL NO�/ <br />Whereas, ail' Of / <br />BORROWER) ,(- ADDRESS) <br />County .of St a of eina"fter called the "Borrower" <br />has applied to the Commodity Credit Corporation fora loan or for the guarantee of a loan for the purpose <br />purchasing and erecting or constructing the following storage structure, to -wit: <br />. TYPE <br />KIND (WOOD, STEEL. ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />on the folj*ng�escribed re g]. estate situated in t County of 'y— <br />State of �� =won the of the h 4 of Section' <br />TmmshiP z o Rye /Z <br />and <br />Whereas the borrower has agreed to give Commodity Credit Corporation 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 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 />� � I <br />r <br />IS NATURE OF BORROWER2)) <br />DATE ( NER O.R LIENHOLDER) <br />U DATE — <br />'(SIGNATURE. BORROWERS SPOUSE) (OWNE R LIENHOLDER) <br />r /) � DATE % a 6 <br />DATE v a <br />*U. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />