Laserfiche WebLink
x <br />%l AMOOItY CREDIT U. S. DE PARTMEf�ij,��piF AGRICULTURE STATe GOUNtY <br />>= ODRPORIAI ON FORK 297 COMMODITY STABICIZ,ATION SE_RVt,CE <br />COMMODITY CREDIT !CORPORATION <br />SEVERANCE AGREEMENT ER IAL o. <br />WHEREAS, _ �sG - DF <br />(N 0 BORROWER) <br />COUNTY OF STATE; HEREINAFTER CALLEDTHE <br />" BORROWER" HAS APPLIED TO THE COMMODITY CREDIT CORPORATIOfffOR A LOAN OR FOR THE GUARANTEE OF A LOAN "FOR <br />THE PURPOSE OF PURCHASING AND ERECTING OR CONSTRUCTING THE FOLLONING.STORAGE STRUCTURE, TO -WIT: <br />TYP _ KIND WOOD STEEL ETC. CAPACIT BUSHELS OR TONS) <br />ON THE FOLLOW MG DESCRIBED REAl, ESTATE SITUATED IN THE COUNTY Of - - <br />STATE OF . __ __ ON THE �-2- 4 ..AF THE. �.r Of <br />SECTION — �*`-�"" ..., TOWNSHIP RANGE pL <br />AND, <br />WHEREAS THE BORROWER-HAS AGREED TO GIVE COMMODITY CREDIT CORPORATION OR ITS APPROVED LENDING AGENCY A <br />MORTGAGE LIEN ON SAID STORAGE STR;iCiURE: <br />until said lien of the Commodity Credit Corporation is repaid <br />NOW, THEREFORE, THE PARTIES HERETO DO COVENANT AND AGREE THAY SUCH STRUCTURES AND EQUIPMENT: <br />16 SHALL REMAIN SEVERED FROM S,AID'REAL :ESTATt, AND, <br />2• EVEN IF ATTACHED TO THE REALTY SHALL RETAIN THEIR PERSONAL CHARACTER, SHALL BE REMOVABLE FROM <br />THE REAL ESTATE SHALL BE TREATED AS PERSONAL PROPERTY WITH RESPECT TO THE RIGHTS Of THE <br />PARTIES, AND SHALL NOT BECOME FIXTURES OR A PART OF THE REAL ESTATE; AND, <br />4o NOT BE WHICH PLACED , <br />SDUNTILyRUMENT HERETOFORE OR HEREAFTER <br />RISING AGAINST THE STRUCTURE OR REALTY <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 B1' COMMODITY CREDIT CORPORATION THROUGH FORECLOSURE OR OTHER MEANS AT THE - <br />O6'TiON OF THE COMMODITY CREDIT CORPuRATION REMAIN ON THE ABOVE DESCRIBED REAL ESTATE tOR A PERIOD <br />NOT TO EXCEED SIX (6) MONTHS AFTER THE DATE OF ACQUISITION BY COMMODITY CREDIT CORPORATION AT NO <br />EXPENSE TO COMMODITY CREDIT CORPORATION. <br />IN WITNESS WHEREOF, THE UNDERSIGNED HAVE EXECUTE6- 4HESIE PRESENTS -ON THE DATES-IMMEDIATELY BELOW THEIR <br />RESPECTIVE SIGNATURES: <br />°xTFiE EQUI1.48T, LIFE ASSURANCE SOCIETY <br />"N" <br />b OF TIM UNITED STATES <br />(SIGNA7FURE OF BO /F` Y•.° E.E.McLeIl ��i�iR'r sident <br />DATE . �; 1 �4CTE l i1�0_- <br />L,`J ryv ,far -. � <br />SIGNATURE OF BORROWERS SPOUSE). (OWNER OR LIEMVIOLDER ) <br />STATE OF NEW YORK <br />3 ss <br />COUNTY OF NEW YORK <br />Before me, the undersigned, a Notary Public, in and for said County and <br />State, on .this 3rd day of Tam,a_19 60 , personally appeared <br />E.E.McLean ,. to me known to be the identical person who <br />subscribed the name of the maker thereof to the foregoing instrument as its <br />SAnnnd VieP PrpRJAPnt , and acknowledged to me that he executed the same <br />as his free and voluntary act and deed and as the `free ` and voluntary act and <br />detpf such Corporation, for the uses and'purposes therein set forth. <br />#: V0 '" °Given under my hand and seal of fiice the day and year last above <br />V1 . tai u�Yaeti MARIA <br />Notary Public, State Eof New York <br />Qualified in • KiOgs County No. 24- 2965950 <br />Cert filed N6* York C4ur� G erk ,Office <br />?. CommisSlon .DIl9s Fllat 1961 <br />Wes. <br />