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COMMODITY CREDIT U. S. DEPARTMENT Of AGRICULTURE STATE COUNTY CORPORATION FORM 297 COMMODITY STABILIZATION SERVICE Nebraska ( Hall (6e1 =56) COMMODITY CREDIT CORPORATION SERIAL. NO. ' SEVERANCE AGREEMENT 48-040 -695 „ WHEREAS, Arthur Senseney. OF WoodRiver (NAME OF BORROWER) (ADDRESS) COUNTY OF Ball STATE OF Nebrr HE HEREINAFTER CALLED THE "BOPRCWER" HAS APPLIED TO THE COMMODITY CREDIT CORPORATION FOR A LOAN OR f0 T 'UARANTEE DF A LOAN FOR THE PURPOSE OF PURCHASING AND ERECTING OR CONSTRUCTING THE FOLLOWING STORAGE STRUCTURE, TO-WITS } TYPE KIND (WOOD, STEEL, ETC.) ^� - CAPACITY (BUSHELS OR TONS) &'S Bin Stg�j -3300 bpi. :•N HE iOiLOW'.Njij SCRIBED REAL ESTATE SITUATED IN THE COUNTY OF Hall STATE OF NrAl�rac_ka _ __ ON THE ��NVllyyyfr _OF THE S& 'T Of SECTION '31 , TOWNSHIP 11 ' RANGE j ANDI -` WHEREAS THE BORROWER HAS AGREED TO GIVE COMMODITY CREDIT CORPORATION OR ITS APPROVED LENDING AGENCY A MORTGAGE LIEN ON SA!D STORAGE STRUCTURES NOW, THEREFORE.' THE PARTIES HERETO DO COVENANT AND AGREE THAT SUCH STRUCTURES AND EQUIPMENTS 10 SHALL REMAIN SEVERED FROM SAID REAL ESTATE, AND, Z. EVEN if ATTACHED TO THE REALTY, SHALL RETAIN THEIR PERSONAL CHARACTER, SHALL BE REMOVABLE FR 'jM THE REAL ESTATE, SHA L BE TFEATED AS PERSONAL PROPERTY WITH RESPECT TO THE RIGHTS OF THE PARTIES, AND SHALL NOT BECOME FIXTURES OR A PART OF rHl: REAL ESTATE; AND, 3. SHALL NOT Be SUBJECT TO THE LIEN Of ANY SECURITY TRANSACTION OR INSTRUMENT HERETOFORE OR HEREAFTER RISING AGAINST °MP. STRUCTURE OR REALTY ON WHICH IT IS PLACED, UNTIL, (A) THE EXPIRATION Of COMMODITY CREDIT CORPCRATION'S LIEN AND ANY EXTENSION GR RENEWAL THEREOF; AND, (B) UNTIL REPAYMENT OF SAID LOAN. i 4. SHALL, IF ACQUIRED BY COMMODITY CREDIT CORPORATION THROUGH FORECLOSURE OR OTHER MEANS, AT THE OPTION OF THE CC1,M1MODt,Y CREDIT CORPORATION REMAIN ON THE ABOVE DESCRIBED REAL ESTATE FOR A PERIOD POT TO EXCEED SIX (6) MONTHS AFTER THE DA -E OF ACQUISITION BY COMMODITY CREDIT CORPORATION AT NO EXPENSE TO COMMODITY CREDIT CORPORATION. 'N WITNESS WHEREOF, THE UNDERSIGNED HAVE EXECUTED THESE PRESENTS ON THE DATES IMMEDIATELY BELOW THEIR RESPECTIVE SIGNATLRES9 �0111R`OWIRJ THE COMMERCIAL, NATIONAL BANK. C, t GNATURE � GRAN WNER OR LIENHOLDER DATE _ %/ / 9 �S a.—� DATE T_ 4 15AGNATVRE /F BORROWER'S POUSE (OWNER OR LIENHOLDER) DA1 E ! / 2 -- DATE I STATE OF NEBRASKA ;' SS; COUNTY OF ON ,HIS 9 DAY OF / , 19 (� Y, BEFORE ME A NOTARY PUBLIC IN AND FOR SAID COUNTY PERSONALLY THE ABOVE -NAME C HO IS PERSONALLY KNOWN TO ME TO'SE THE IDENTICAL PERSON WHOSE NAMC IS AFFIXED TO T E ABOVE INSTRUMENT AS R AND HAND AND (,-0'.AR•!Ai.,SEAEy'7HE DATE LAS'; A RESAID• HE ACK! LEDGED SAID INSTRUMENT B,E �iIS VOLUNTARY4CT AN�ED. WITNESS MY ! U :' GGtytRi.�S9� EXP1A`ES ON THE OF� , 19_. t __DAY 'C i, ��• -. {.; ;` *.T-! . � :SEk�? '! '` 4 ' 'j %ice /j �/ �t�s'Ltr>K!J i +i•' � . ` yr ��" '��/�1r!/ 1JGTAPV P! 2LC �r STATt'�019 JE j, SKA,�S> �y,.• ) COUNTYIOF'• •,e ary l;a'el'." ) SS; ON THIS'`• °�'- DAY OF , 19 , BEFORE ME A NOTARY PUBLIC IN AND FOR SAID COUNTY PERSONALLY CAMC THE ABOVE -NAMIVD WHO IS PERSONALLY KNOWN TO ME TO BE THE IDENTICAL PERSON WHOSE NA'NE IS AFPI).ED TO THE ABOVE INSTRUMENT AS GRANTOR AND HE ACKNOWLEDGED SAID INSTRUMENT TO BE HIS VOLUNTARY ACT AND DEED. WITNE's MY HAND AND NOTARIAL SEAL, THE DATE LAST AFORESAID* MY COMMISSION EXPIRES ON THE DAY Of , 19 (SEAT,) NOTARY PUBLIC C1.1- ..F N —I,—v. j Cc uniy of 11a.11 ) s" E r Y�.red oa Numer cal Irdex and feed for record in C'ffica of Reglster of 4 U 0 L. eec's on ti:e 6- -___ day of _December- - I X6.2 at - - -- 8 - - -- o': tic's as 30. 2;r. >,es - -• -162. . as_df rccordcd in Soa`c _.....:a., .... -,MIS. aae at Kegister of Deeds BY-- -- - -- - -- -- 7s Deputy Deputy Fees $ - -C--