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coM+tooary CREDIT <br />U. 'S. DEPARTMENTT'OF AGRICULYURE sT couNT <br />CORPORATION FORM 297 COMMODITY STABILIZATIOIJ SERVICE; ' <br />4 <br />COMMODITY;CREO1TCORRORIyT1ON <br />SEVERANCE AGREEMENT" 9eYt""` <br />Whereas, of <br />.. NAM OF BORROWER) uw,<: <br />.R <br />COunty.df .,'.',� ,, State (.>! a e .. nll'.�YP,IrAGatled the''Borrower" <br />e s <br />has applied .to' the'`GoirrltoditCredrt Corporat�on'for'a `TSan of orguarntee'of loan ftir; the pu+ose <br />purchasing and ePecting•�oi�'Icdnttrucnirtg 'the fallowing storage: atructture, <'CO*W1 <br />,. <br />2A! <br />TYPE KIND (WOOD. STEEL'.,. ETC. )`' CAPACITY (BUSHELS OR'TONS) <br />on the following described' real:-estate s,it'uanid -Jn the County of <br />VON <br />State <br />Z Y �s. <br />;. a 1• .:...- .a.�«F.,N�► , - 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 apart 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 pperiod 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 />(SIGNATURE OF. B /ORROWER) <br />J q� (OWNER OR LI ENHOLDER). <br />ATE Z,.,,;2 DATE <br />(0 DATE <br />O <br />(SIGNATURE OF BORROUSE) % (OWNER OR LIENHOLDER) <br />DATE �z ^— DATE <br />irU. S. GOVERNMENT PRINTING OFFICE: 1958 O - 490,699 <br />