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<br />COMMODITY CREDIT l#..'$ DEPARTMENT, OF AGRICULTURE STATE COUNTY
<br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE''''., Nebxaska . I Hall
<br />(b 7 Sb)
<br />COMMODITY. CREDIT CORPORATION f! SERIAI, NOR
<br />SEVERANCE AGREE
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<br />WHEREAS, Loren 3 Islend , or Wood Riverlf Nebras
<br />ka
<br />(NAME'OF', BORROWER) (ADDRESS)
<br />GOUNIY QF', Hall STATE OF NebIBSI{a HEPEINAF7ER CALLED THE "BORROWERn
<br />HAS APPLIED, TO THE• COMMODITY CREDIT CORPORAT,I ON. FOR' A LOAN OR FOR -THE GUARANTEE OF'A LOAN,FpR THE PURPOSE DF PURCHASING AND -
<br />£RECTINGI OR CPNgTRUCTINp „TH &,FOLLOWING STORAGE STRUCTURE, TppWITS'
<br />• y. may..- w�n.�..r..•,s+ +w.nn... ., - •w
<br />TYPE' KIND (WoOb, STEEL, ErcJ - CAPACITY (BusHELS OR, TONS
<br />)
<br />� k 19 Butler. B3:rt. Stsel ��i ;lain
<br />ON THE FOLLOW Ng D SCRIBED REAL ESTATE' SITUATED IN THE COUNTY OF Hall' a STATE' OF' Nebraska
<br />ON THE S OF THE SW OF SECTION ?h, '' TOWNSHIP• 10. -
<br />RANGE 112 AND,
<br />WHEREAS THE' BORROWER HAS AGREED TO GI VIE COMMODITY CREDIT CORP'ORATION,OR'ITS'' APPROVED LENDING AGENCY A MORTGAGE LIEN ON SAID
<br />STORAGE,S7RUCTURE:, '
<br />NCW,.1'AEREFORE, THE PARTIES, HERETO DO COVENANT &ND AGREE, THAT SUCH STRUCTURES AND EQWIPMENT:''
<br />1. SHALL REMAIN SEVERED FROM SAID REAL ESTATE, ANDY
<br />2. EVEMLIF ATTACHED TO THE REALTY, SHALL RETAIN,THEIR PERSONAL CHARACTER, SHALLBE REMOVABLE FROM THE REAL ESTATE, SHALL BE
<br />TFEATED AS PERSONAL PROPERTY WITH RESPECT TO• THE RIGHTS ,DF.THE PARTIES, AND SHALL NOT BECOME FIXTURES OR A PART CF THE
<br />} REAL. ESTATE' AND,
<br />S1NAL.k NOT BE SUBJECT TO THE LIEN OF ANY SECVRITY.TRANSACTION OR INSTRUMENT HERETOFORE OR HEREAFTER RISING AGAINST THE.
<br />STRUCTURE OR REALTY ON WHICH IT 1$ P'LAGEO, UNTIL','..`
<br />IT- CORPORATIDN�S {IEp AND ANY RENEWAL THEREOF; AND,
<br />(A) THE EXPIRATION OF COMMODITY GRED, EXTENSION OR RE
<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 COMMODITY
<br />CREDIT- CORPORATION REMAIN ON THE ABOVE DESCRISED,REAL ESTATE FOR A, PERIOD F!QT TO EXCEED SIX (6)- MONTHS AFTER THE DATE
<br />OF ACQUISITION SY 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 RESPECTIVE SIGNATURES:
<br />IOWA- NEBRASKA MORTGAGE LOAN OFFICE
<br />THE PRUDENTIAL INS. 00. Of AN4Eg1CW '
<br />j ( IGNATURE,OF BORROWER (0 R O�ENH9 D €R
<br />DATE :.�/ — G 1/. DATE %�• �,” C' I-•
<br />Ott A
<br />SIGNATURE f0 ORROWER $r OUSE (OWNER OR LIENHOLPER)''
<br />DATE. 4 — 4" DATE
<br />STATE OF NEBRASKA / J
<br />SS:
<br />COUNTY OF ( )
<br />T , (1N,c HR DAY Of t 19 �y BEFORE ME A NOTARY PUBLIC IN AND FOR SAID COUNTY PERSONALLY CAME.
<br />j,Flt VVa vll Nl IA WHO PERSONALLY KNOWN TO ME' TO BE THE IDENTICAL PER$Ot5yHOSE NAMFS
<br />pt$i•!�F(j k_IFt'STrQ•.T 'B VE INSTRUMENT A GRANTOR AND ACKNOWLEDGED SAID INSTRUMENT. TO BE'TRF*RVOLUNTARY ACT AND DEED. WI °NESS, MY'
<br />H(+1ab AND•,)L,0'1.�('AgEAt, THE DATE LAST AFORESAID.
<br />a.il�ywCQMt;I•S'pry,EXP+t�RES ON THE' DAY OF /SJJ�•"
<br />NOTARY P.'BLl0
<br />- �•-r. ,r`,F. �•' Ate � `^-:Y r•-.• —
<br />STATE•(�A` t�BRA.SKA' )
<br />r i 0 •g A1 ' +•x -Sy f" . DA'? OF' S tember ' ?' i9 06 BEFORE ME A NOTARY PVBLIC IN AND FQR- $A!D COUNTY PERS.ONAii•Y CAME -
<br />{!. pry
<br />r,NS'hAO�t`�NAdr WHQ.IS PERSONALLY KNOWN TO ME TO Be THE jDENTICAI,ERSON WHOSE, NAME
<br />?II.�F�Fr7ED 70 ;A$OVZ INSTRUMENT AS_ RA A KNOWLEDGED SAID INSTRUMENT, TO BE`, HIS VOCUNTARY'ACT AN DEED. WITNE:S MY,
<br />Rhaq� l 1 tot' THE PATE LAST AFORESAID, '
<br />iL L SCI ii4j'.J'M EtPI'RES ON THE 9 DAY Of
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<br />S �, Ya �u�`,c` Stahl of N =_bxafka �'
<br />tee -NOTARY PUBLIC
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