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<br />This form Is available electronically.
<br />
<br />CCC-2.91__
<br />(08-18-04) -
<br />
<br />Form Approved - OMS No. 0560-0204
<br />
<br />u.s. DE-PAlUMENl"Of-ACRICULl'tlRf; ~"",~~--"<--,--
<br />Commodity Credit Corporation
<br />
<br />II>t'!O""~
<br />
<br />SEVERANCE AGREEMENT
<br />
<br />See Page 2 for Privacy Act and Public Burden Statements.
<br />
<br />WHEREAS, (a) ALBERT W MOELLER and
<br />
<br />(b) MICHELLE L MOELLER , of (c) 3029 S BLAINE STREET, GRAND ISLAND , 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 />Conrad American drying bin: 24' dia., 6-ring. Inside and outside ladder, safety platform,
<br />24', 20 gauge Perf-lock floor, 12" floor supports, 8" center well tube and controls, 8"
<br />horizontal unload auger, 7.5 hp 1 phase centrifugal fan, 7.5 hp transition, 15" roof vents w/
<br />knock-outs.
<br />
<br />which fixture(s) is (are) affixed to the following-described real estate: (Add legal description) (g)
<br />Wl/2NEl/4 22-10-10, HALL COUNTY
<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. Department of AQrlCultute (USDA) prohibits cJiflcnminatlon In a" Its progrQm and aC#vitiell on the basis 011'808, color, netlonalOt'lgin. age, cJj,ability, and whenlapplJoable,
<br /> sex, m8rlt8J status, familial statu.s. parentsl
<br />status, religion, sexual Orienta60n. genetic Information, polltk:8J beRets, reprisal, or because a/l or pari of an IndIvldu8J's Income 18 derived frOm any public assistance program.
<br /> (Not 811 pmhlbltect baSeS apply to a/l programs.)
<br />
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<br />provld8r and emplOyer.
<br />
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