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.i <br />COMMODITY CREDIT U. S. DEPARTMENT OF- AGRICULTURE STAT COUNTY <br />CORPORATION 'FORM 297 COMMODITY STABILIZATION SERVICE <br />(6 -1 -56) COMMODITY CREDIT CORPORATION <br />SEVERANCE AGREEMENT SERIA` o. <br />4101 -O $O .� <br />Whereas �Z %rx� of <br />N E BORROWER) M1 - (ADDRESS) <br />Country of L _ State of NA _41/lreinafter called the "Borrower" <br />has applied to the Commodity Credit Corporation for a loan or for the guarantee of a 1p3n ,for,,the purpose <br />purchasing and erecting or constructing the following storage structure, to -wit: <br />TYPE <br />KIND (woo A, STEEL, ETC.) <br />CAPACITY (BUSHELS'OR TONS) <br />` �2 L e %ed X <br />on the follo * g described real estate situated in th$ County of <br />State of _l :on the `� of the of Section <br />Township l� P.anoe <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 />DATE <br />MEWS S ASSJ RA NEE COMPA W OF <br />DATE - - $pr 6 196QJ• n ' <br />1 r (OWNER OR L -1 ENHO <br />E.'. ,oarlseri:rt <br />DATE <br />:n <br />ik S."COVERNMENT PRINTING OFFICE: 1958 O - 490699 <br />