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a <br />COMMODITY CREDIT U. S. DEPARTMENT OF AGRICULTURE STATE I COUNTY <br />CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE r+ebraska Nall <br />(6 -T -56) COMMODITY CREDIT CORPCRATION <br />SEVERANCE AGREEMENT SERIAL N0, <br />48 -0140 -568 <br />YHEREAS$ OF Wood River <br />(NAME Of BORROWER) (ADDRESS) <br />COUNTY Of Hall . STATE OF Nebraska HEREINAFTER CALLED THE 10BOFFCWCR° <br />HAS APPLIED TO THE COMMODITY CREDIT CORPORATION 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.) -~ <br />one - 27X19 cutler $uildirg Steel <br />ON 'HE FOLLCW_NQ DESCRIBED REAL ESTATE SITUATED IN THE COUNTY Of I~all <br />ON THE Y�Fi, Of THE S�1T } OF SECTION i <br />RANGE 1 ;) . AND$ <br />WHEREAS THE BCRRCWER HAS AGREED TO GIVE C01114ODITY CREDIT CORPORATION CR ITS APF <br />STORAGE STRUCTURE <br />CAPACITY (BUSHELS OR TONS) <br />STATE OF 1'ebl'as1, l <br />+ TOWNSHIP Q —, - <br />ROVED LENDItG AGENCY A MORTGAGE LIEN CN A D <br />NCW$ THEREFORE, THE PARTIES HERETO DO COVENANT AND AGREE IHAT SUCH STRUCTURES AND EQUIPFENT <br />1. SHALL REMAIN SEVERED rROM SAID REAL ESTATE$ AND, <br />2. EiEN If ATTACHED TO 'HE REALTY, SHALL RETAIN THEIR PERSONAL CHARACTER, SHALL BE REHCVABLE FR_M THE FEEL ESTA E$ BHA I EE' <br />TrEATED AS PFRSOPAL PROPERTY WITH RESPECT TO THE RIGHTS Of THE PARTIES$ AND SHALL NOT BECOME FIXTURES OR A PART CF 16r <br />REAL ES-ATE, AND, <br />3, SHALL 1401 BE SUBvECT TO THE LIEN OF ANY SECURITY TRANSACTION CR INSTRUMENT HERETOFORE OR HEREAF ER RISING AGAIJ`T _H <br />STRVC LRE OR REALTY ON hH1CH IT IS PLACED, UNTIL, <br />(A) THE EXP[RATION OF COMMODITY CREDIT CORP ^RATION'S LIEN AND ANY EXTENSION OR RENEWAL THEREOF, AND, <br />(B) UNTIL REPAIMENT OF ..AID LOAN <br />4. SHALL, IF ACQUIRED BY COMMODITY CREDIT CORPCRATION THROUGH FORECLOSURE OR OTHER -EANS$ AT THE OPTICN OF THE CCMMODI ° <br />CREDIT CORPORATION REMAIN ON THE ABOVE DESCRIBED REAL ESTATE FOR A PERIOD POT TO EXCEED SIX (6) MONTHS AF,ER HE CA c <br />Of ACQUISITION BY COMMODITY CREDIT CORPCRATION AT NO EXPENSE TO COMMODITY CREDIT CORPORATION. <br />i 'N WITNEtS a1HERECFp 'HE UNDER °IGNED HAVE EXECUTED THEE PRESENTS ON THE CATES IMMEDIATELY 6ELOW 'HEIR RESPECTIVE SIGMAT FE <br />F <br />(ORRCH/ER (OWNER CR IENHDLDER) <br />DATE � /d �--%v — So� 2�—� DATE <br />(SIGNATURE Of BORROWER'S SPO(15E) (OWNER OR LIENHOLDER) y' <br />DALE /6 —(, �,, DATE <br />STATE OF NEBRASKA <br />COUNTY OF /`�'�� SS',+ <br />ON THIS OTd� DAY Of C�Qr $ 19 � _$ BErORE ME A NOTARY PUBLIC IN AND FOR SAID ICOJ � °Ft 17.M�Kv nom° <br />THE ABOVE -NAMED .47/M« :. 4 /0Jrdf,/AW WHO IS PERSOPALLY KNOWN TO ME TO BE THE IDENTICAII,P €R.SONHaJ <br />IS AFFIXED 70 THE ABOVE EN <br />INSTRUMT AS GRANTOR AND HE ACKNOWLEDGED SAID INSTRUMENT TO BE HIS VOLUNTARY AC1r Y DJED. wimkv �N} <br />HAND AND 10'AR AL SEAL, THE DATE LAST AFORESAID. <br />MY COMMISSION EXPIRES ON THE DAYI� <br />4SEA ) � � v� °� .i IVr ARY P LE <br />STATE OF NEBRASKA ) <br />COUNTY OF 114 <br />n <br />ON THis .} DAY Of 0000- $ 19 Z . BEFO ME A NOTARY PUBLIC IN AND FOR SAID COUNTY P A$t�y�1L/ CAMt <br />-HE ABOVE�N4NLD �O�QIO /'J /l��r 'T /�(/E'l�Ir T+' ,�,.4PERSONALLY KN4NN TO ME TO BE THE IpENfiC�A �fx S((�(t�P IIkLLI AM9 <br />IS AFFIXED (0 THE ABOVE INSTRUMENT AS GRANTO¢ AND HE ACKNOWLEDGED SAID INSTRUMENT TO BE HIS VOLUNTARY. AC %ANDxDEEb' ifYryG MY <br />HAND AND PIOTARiAVSElkr, THE DATE LAST AFORESI�ID. <br />MY COMMISSION EXPIRES ON THE DAY Of <br />(SEAL) . �± .4 1APf Pag'ic <br />Efate of Ncbrarka <br />%,F,u iy at a all <br />Ertei,,d ct I NL_ oerA MCI[ and f�'eQ � p'`$ur.� /�H�Q3 +x +`�• <br />€cr recorl la CIf-ce cf t?eg.,icr of 0 ' <br />Vecc?s ea ti 9 __ __29th __ day cf <br />- October_ . 19 64, at - <br />o'clock and _ 3Q _ m =lutes <br />and >icccid'cJ is Boo's 11 . of <br />at page <br />Re vter of Reece <br />BY <br />75 p • 7e <br />Fees a_.1• d De uty <br />