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COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE S <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE <br />(6 -1 -56) COMMODITY CREDIT CORPORATION it <br />SEVERANCE AGREEMENT <br />COUN <br />SERIAL N0. <br />7/1 7u <br />Whereas, r yt✓ fi �'��"�� <br />(AME OF BORROWER) <br />N. - � (ADDRESS) n <br />County of _C� State of $ereinafter 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 (WO . STEEL. ETC.) <br />CAPACITY (BUSHELS OR TONS) <br />on the fo low' !� de,cribed re estate situated in the, ounty of <br />State of�. /�cn :on the / of the Hof Section <br />Township f Range 1Z <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 opption 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 sip-natures: <br />' (SIGKATURE OF BORROWER) <br />DATE <br />T;/ -3 <br />G <br />(SIGN Rr 0 E31ORROWERS SPOUSE) <br />DATE r �6df C) <br />(OWNER OR '(LI ENHOLDER) <br />DATE J l� <br />%(OWNER OR LIENHHOOLDER) <br />DATE <br />0 <br />F <br />*U. S. GOVERNMENT PRINTING OFFICE: 1958 O — 490699 <br />