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<br />This form is available electronically.
<br />
<br />/(;1. 50
<br />Form Approved - OMB No, 0560-0204
<br />
<br />CCC-297
<br />(08-18-04)
<br />
<br />U.S. DEPARTMENT OF AGRICULTURE
<br />Commodity Credit Corporation
<br />
<br />SEVERANCE AGREEMENT
<br />
<br />See Page 2 for Privacy Act and Public Burden Statements,
<br />
<br />WHEREAS, (a) GERALD H POEHLER and
<br />
<br />(b) PATRICIA J POEHLER , of (c) 4251 SOUTH WISEMAN ROAD, SHELTON , County of
<br />
<br />(d) HALL , State of (e) NEBRASKA , (herein called Debtors), have
<br />
<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) (f):
<br />
<br />SUKUP 48' DIA. 45,741 BU. CAPACITY GRAIN BIN, 48' SWEEPWAY, 15 HP 3-PHASE CENTRIFUGAL FAN, 20
<br />HP 3-PHASE CENTRIFUGAL FAN, 20 HP SHUTTER FAN, 10,000 BU. GRAVITY SPREADER, 9020 SENTRY PAC
<br />
<br />which fixture(s) is (are) affixed to the following-described real estate: (Add legal description) (g)
<br />El/2SW1/4 7-10-12, HALL COUNTY, NEBRASKA
<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 />The U. S. Depaltment of Agriculture (USDA) prohibits discn"min8lion In a/I Its ptOgfam ana aCfivitie5 on the basis of fac8, color, national origin, age, disability, ana where epplic8b1e,
<br /> sex, marital status, (amUi41 $tat~$, parental
<br />status. religion. sexual orientation, glInetic: infoffllEltion, politicsl beliefs. reprls8/, or because lJlI 0" part of an incl/viaual's Income Is dBrlv8d from any publiC assistance
<br /> program. (Not all prohibited bases apply to a/I pt(Igri!Jm~.)
<br />Persons with dlsabllltl8s who f8QiJh alternative mean, for communication of progr8m JnfonnatiOn ( Breillf, large print, audlotaps, 8tC.) should contact USDA '$ TARGET Center at (202)
<br /> 720-2800 (voice af)(/ TOO), To file EI
<br />complaint of DI.crimlnatlon, wriM to USDA, Di18cto" Dffice of Civil Righi., 1400 I_pendonco Avon"", Sw., W,..hlngton, DC 2025C-ru to, 0( ca/l (~OO) 79~272 (VOice) 0( (202) 72()'6382
<br /> (TOD), USDA i. an aqual opportunity
<br />provider and limp/oyer.
<br />
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