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<br />200603873
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<br />This form is available electronically.
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<br />Form Approved - OMS No. 0560-0204
<br />
<br />CCC-297
<br />(08-18-04)
<br />
<br />u.s. DEPARTMENT OF AGRICULTURE
<br />-- -- - C6mniOclity--Credif Corporation -
<br />
<br />SEVERANCE AGREEMENT
<br />
<br />See Page 2 for Privacy Act and Public Burden Statements.
<br />
<br />Steve Stelk
<br />WHEREAS, (a) and
<br />
<br />(b) Clayton Stelk , of (e) 4301 & 3807 W Guenther of Grand Island , County of
<br />
<br />Hall ' Nebraska .
<br />(d) , State of (e) , (herem called Debtors), have
<br />applied tothe Commodity Credit Corporation (herein called the Secured Party), for a loan and have agreed to give the
<br />Secured Party a security interest in the following-described fixture(s) (j):
<br />
<br />Farm Storage Facility
<br />
<br />which fixture(s) is (are) affixed to the following-described real estate: (Add legal description) (g)
<br />AIda Township W1/2 NW1/4 13-10-10
<br />
<br />NOW, THEREFORE, in consideration of the making or insuring of such loan by the Secured Party, the undersigned
<br />parties hereby (1) consent that the Debtors may grant to the Secured Party a security interest in said fixture(s) under the
<br />Uniform Commercial Code, (2) consent to the installation of said equipment and agree said equipment shall be and remain
<br />severed from the real property described above, and (3) agree that upon default of Debtors the Secured Party may (a) take
<br />possession of and remove said fixture(s) without notice to the undersigned parties and without liability to them for any
<br />diminution of value of the real estate caused by the absence of the fixture(s) or by any necessity for replacing the fixture(s),
<br />and (b) enforce its security interest against said fixture(s) as personalty.
<br />
<br />ThB u.s. D8partment of AgrlcultUf8 (USDA) prohibits discrimination In a.1I/ts program ana aat/vitlQs on the basis of race, calor, na.tionalorigin, agll, disability, ana WMI'6 applicable.
<br /> flSX, marital status, familia.l status, parental
<br />status, rsligion, sexual orientation, genetic information, political beliefs, reprisal, or because a.11 or part of an individual's Jnaome is dsrived from any public a~~/$tance program.
<br /> (Not all prohibirsd bases apply ro all program$,)
<br />Persons with disabilities who requiffj altsmative means for communication of program infonnatlon ( Braills, large print, audlorapB, sIc.) shoUld contacr USDA's TARGET Csnter at (202)
<br /> 720.2600 (voice and TOO). To fife S
<br />complaint of Discrimination, wrire to USDA. Director, Office of Civil Rights, 1400 Indspendenc:e Avsnue, SW., Washington, DC 20250-9410, or calJ (800) 795-3272 (voles) or (202) 7n6382
<br /> (TDD). USDA Is an equalopportunfty
<br />provider and employs,.
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