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<br />COMMODITY CREDIT U. S. DEPARTMENT O�fCU TURE STATE
<br />CORPORATION fQ8M 297 COMMODITY STABILIZATION SERVICE rTebraska
<br />(601 -56) COMMODITY CREDIT CORPORATION
<br />WIAI N0.
<br />SEVERANCE AQREEMENT IT8 -01 +0 -659
<br />r
<br />COUNTY
<br />Pall
<br />WHEREAS, . L. Petersen s a a of Rt. 1 PnX ';I Ceand Island, r,abrasl a
<br />(NAME J BORROWER) T (ADDRESS)
<br />COUNTY OF Hall 3 , STATE Of Mebrask HEREINAFTER CALLED THE "BORRCWCRI'
<br />BAS APPLIED TO THE COIVODITY CREDIT CORPORATION FOR A LOAN OR FOR THAUARANTEE Of A LOAN FOR THE PURPOSE Of PURCHASING AND
<br />ERECTING OR CONSTRUCTING THE FOLLOWING STORAGE STRUCTURE, TO -WIT'
<br />TYPE
<br />One 201 x 1,81 x 101 ArT<,Co
<br />Grain Sto'r4a Bui d7,g
<br />KIND CWOOD. STEEL. ETC.) y ' I CAPACITY (BUSHELS OR FoNS)
<br />ON 'HE FOLLOW NG DESCRIBED REAL ESTATE SIT ED IN THE COUNTY OF —STATE OF ^ '{fib rask a
<br />ON HE ' OF THE 7w } Of SECTION , TOWNSHIP _y r
<br />. !' AND, IAt _ i�.L,son/S Subdivision of a part of Section 3 .711 -9
<br />WHEREAS THE BORROWER HAS AGREED To GIVE COMODITY CREDIT CCRPCRATICN CR ITS APPROVED LENDIfG AGENCY A MORTGAGE LIEN CN SAtD
<br />STORAGE S,RUCTURE
<br />NOW, 1HEREFCRE, THE PARTIES hERETO DO COVENANT AND AGREE 'hAT ,gVCH SJOUCTURES AND EQUIPMENT.
<br />1. SHALL REMAIN SEVERED FROM SAID REAL ESTATE, AND,
<br />4'. EVEN IF ATTACHED TO THE REALTY, SHALL RETAIN THEIR PERSONAL CHARACTER* SHALL Be REMOVABLE FR!.M THE PEAL ESTATE, �HA_I FE
<br />iFEATED AS PERSONAL, PROPERTY WITH RESPECT TD THE RIGHTS Of THE PARTIES, AND SHALL NOT BECOME FIXTURES OR A PART OF Th£
<br />REAL E$'AT£, AND,
<br />3. SHALL NOT BE SUBJECT TO THE LIEN OF ANY SECURITY TRANSACTION OR INSTRJMENT HERETOFORE OR HEREAFTER RISING AGAII T 'Hc
<br />STRUC LRE OR REALTY ON WHICH IT IS PLACED, UNTIL,
<br />(A) THE EXPIRATION Of COMMODITY CREDIT CCRPrRATION'$ LIEN AND ANY EXTENSION OR RENEWAL THEPEOF, AND,
<br />(B) UNTIL REPANKENT Of SAID LOAN*
<br />4. SHALL, If ACQUIRED BY COMMODITY CREDIT CORPORATION THROUGH FORECLOSURE OR OTHER MEANS, AT THE OPTION OF THE CQ!MODI Y
<br />CREDIT CORPORATION REMAIN ON THE ABOVE DESCRIBED PEAL ESTATE FOR A PERIOD lot TO EXCEED SIX (6) MONTHS AFTER 'HE ^A`E
<br />OF ACQUISITION BY " MODITY CREDIT CORPORATION AT NO EXPENSE TO CCf.MODITY CREDIT CORPORATION.
<br />IN W11NE! THERE 'H UND IGNED HAVE EXEC THESENTS ON THE GATES IMMEDIATELY EELOW THEIR RESPECTIVE $IGNA%FE1
<br />, •�!J� 119 S'
<br />Zc*11C O r QRa�Id
<br />($1� UR 0 WE / • _ "'�w� _ OWNER 0}tC117H)
<br />DATE /A �/ 2r-- /�+� / C 'I '7rDDAT fJ _
<br />(SIGNATURE OF BORROWERS 5POUSE)
<br />OAT E
<br />DATE
<br />(OWNER OR LIENHOLDER)
<br />I"STATE 3A�',NE6�RA�SKA
<br />.O?Y� ra'�.'rlall. SS Sank A-at
<br />.• U(�.��H19� S " DAY OF October. , 1 }BE �pT } IN A GR {j X� F(tin Mq
<br />i 9 IC6OVE -NAME r �5i� zz,yrIcI _ Arrent p 1110 f 4'wL`yA9, 21W��0 `TORE` L` 1SE1�'iL� at l ICtttiF'� 7
<br />S;Aj T ` Yi STRUMENT AS GRANTOR AND HE ACKNOWLEDGED SAID INSTRUMENT TO BE HIS VOLUNTARY ACT AND DEED WI NESS Mfr
<br />Y ji�tDL ti .Fy' L BLS ,,11E DATE LAST AFORESAID.
<br />�� r,'�a'71y 1�'1✓�t� �,�KxIL�FEB ON THE 6fh AY OF March t 19 68
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<br />ICY, f ra,.t St �y � � � �f /
<br />Z+KG' �?Gi'G 117y ?�ca NC +APY P eLC,.
<br />L", rence P. Van ler en,
<br />•
<br />STATE of NEBRbsR71�" x ; ss
<br />COUNTY OF L Hail [ i
<br />s gQ6i.ai11I;.y D Y OF October , T9 62 BEFORE ME A NOTARY PUBLIC IN AND FOR SAID COUNTY PEPgONAILt CARE,
<br />H �'yyyQhE�.E1�K ��J 8r9@ WHO IS PERSONALLY KNOWN TO ME 70 BE THE IDENTICAL PERSON WHOSE hiAE
<br />us g ` ��p c�- 1'; Nftt ENj GRANTOR AND HE ACKNOWLEDGED SAID INSTRUMENT TO BE HIS VOLUNTARY ACT AND DEED WErNE..S MY
<br />p HpN ��A.k 1`HS DATE LAST AFORESAID*
<br />i 3A
<br />M1 �� I,;,, H t'PMMj,$$1q'N EIPI.RE6 ON THE , ,, SAY Of JcV1Ua .r
<br />9 ti ,
<br />OTARY F.iBLIC
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<br />I<CY �'GCt I] 1 ti C3 f L�4„ HC r
<br />QC toter � �62
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<br />and r cc d- J 11 —I c-, 11 F
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<br />�• By _ __
<br />1.75 pd. be -p-uip �T___ - --
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