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COMMODITY CREDIT 0. S. DEPARTMENT Of AGRICULTURE STATE COUNTY
<br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE Nebraska Hall
<br />COMMODITY CREDIT CORPORATION
<br />S RIAL NOo i
<br />SEVERANCE 1 I AGREVEk, '48-040-6�1
<br />7
<br />WHEREAS, Ernest M. Lepin and Kenneth Shultz L D8ni-obkn, N�pbras -a
<br />(NAME OF BORROWER) (A I DORESS)L
<br />COUNTY OF L Hall STATE OF Nebraska' HEREINAFTER CALLED THE "BORROWER"
<br />HAS APPLIED TO THE COMMODITY CREDIT CURP04T1,014 FOR A LOAN OR FOR THE GUARANTEE Of A LOAN FOR THE PURPOSE Of PURCHASING AND
<br />ERECTING OR CONSTRUCTING THE FOLLOWING STORAGE STRUCTURE, TO-WIT:;
<br />TYPE. KIND (WOOD, STEEL, ETC.) PACITY (BUSHELS OR TONS)
<br />11
<br />1 1,,bdei 7-6 Big Chief bin 5 00 steel --------
<br />2:64 x,161 9t1 .
<br />ON THE FOILCWING DESCRIBED REAL ESTATE SITU tT40 IN THE COUNTY OF Hall .,STATE OF Nebraska
<br />ON THE OF THE Of SECTION' , TOWNSHIP 9.
<br />RANGE '4 AND,
<br />WHEREAS THE BORROWER HAS AGREED TO GIVE COMMODITY CREDIT CORPORATION OR ITS APPROVED LENDING AGENCY A MORTGAGE LIEN ON SAID
<br />STORAGE $7RUCTURE.'
<br />NOW, THFOEFORE,"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 !f ATTACHED TO THE REALTY, SHALL RETAIN THEIR PERSONAL CHARACTER, SHALL BE REMOVABLE FROM THE REAL ESTATE SHALL BE
<br />TPEAT91) AS PERSONAL PROPERTY WITH RESPECT TO THE RIGHTS Of THE PARTIES, 'AND SHALL NOT BECOME FIXTURES OR A PART OF The
<br />RLAI, 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 CORPORATIONS LIEN AND ANY EXTENSION OR RENEWAL THEREOF,' AND,
<br />(B) UNTIL REPAYMENT OF SAID LOAN.;
<br />4, SHALE, IF ACQUIRED BY COMMODITY CREDIT CORPORATION THROUGH FORECLOSURE OR OTHER MEANS, AT THE OPTION OF THE COMMODITY
<br />CREDIT CORPORATION REMAIN ON THE ABOVE DESCRIBED REAL ESTATE FOR A PERIOD NOT TO EXCEED SIX (6) MONTHS AFTER YHO DA-5
<br />Of ACQUISITION BY COMMODITY CREDIT CORPORATION. AT NO EXPENSE TO COMMODITY CREDIT CORPORATION&
<br />IN WiTNES 7H HE UNDE If EDHAVE EXECUTED THESE PRESENTS ON THE DA Y 8E OW THE,IR RESPEVJVZ�SIGNATI.;RE"
<br />,
<br />fdNAfUkig F ORRO R (OWNER OR IIENHOLDER)
<br />6,
<br />DAIE DATE 6
<br />�e,
<br />IGN If PO4ffl
<br />TURE fjOR 6W (OWNER OR LIENHOLDER)
<br />DAZE DATE
<br />STATE OF NEBRASKA
<br />SS,
<br />COUNTY OF _ HalI
<br />ON THIS 7th DAY OF SaDtamber_ 19 __62BE-Eoq JJE-A NOTARY PUBLIC IN AND FOR SAID COUNTY PERSONALLY CAotf
<br />-OE. ABOVE -NAMED M Tokni n _1C.-nn q-+x%,'1bjijt,%_h_WHO IS Pf_R SON A-CLY- K-NbO TD A �fq-be�T R fbC1�T FeAU: Pi7R 59"hiDSF--
<br />-SS MY
<br />ABOVE iNSTRUMtNT AS TkWN161f AND HE ACKNOWLEDGED SAID INSTRUMENT TO Be HIS VOLUNTARY ACT AND DEED. W17,NE,
<br />'iiAiio�,A,4 A - (.- '�EAL, THE DATE LAST AFORESAID. Rthel L. Lepi.4 and Naacy- Shultz
<br />ON THE 22nd DAY OF January 19
<br />0`54.0 EXPIRE S
<br />PUyaLIC
<br />S TTf ,,f
<br />NEBBASKk S$#
<br />COUNTY,
<br />ON ",HIS DAY Of 19 BEFORE ME A NOTARY PUBLIC IN AND FOR SAID COUNTY PERSONALLY CAME
<br />He ABODE -NAMED
<br />WHO IS PERSONALLY KNOWN TO ME TO BE THE,IDENTICAL PERSON WHOSE NAME
<br />IS AFFIXED '(0 THE ABOVC`,1'NSTRQME:NT AS GRANTOR AND HE ACKNOWLEDGED SAID INSTRUMENT TO BE HIS,VOLUNTARY ACT AND DEED. WITNESS MY
<br />HAND AND tIOTAR I AL SEAL' ;, THE DATE LAST AFORESAID. j_
<br />MY COMMISSION EXPIRES ON THE PAY Of
<br />(SEAL) NOTARY PUBLIC
<br />ci
<br />rt
<br />OF
<br />tit, *.at
<br />13.v
<br />Deputy
<br />)Fees $
<br />
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