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<br />200807274
<br />
<br />This form is available electronically.
<br />
<br />Form Approved - OMS No, 0560-0204
<br />
<br />/0 ,>,0
<br />
<br />CCC-~97
<br />(08-18-04)
<br />
<br />U.S.-OEAARTMEmcO.F-AGRlCUUURE _...
<br />Commodity Credit Corporation
<br />
<br />. _:.:':': "::::~:-:-:==~~~.::..-.
<br />
<br />SEVERANCE AGREEMENT
<br />
<br />See Page 2 for Privacy Act and Public Burden Statements.
<br />
<br />WHEREAS, (a) DIBBERN FAMILY FARMS, INC.
<br />
<br />and
<br />
<br />(b) , of (c) 1787 S NEBRASKA HWY 11 , 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 gi-ve the
<br />Secured Party a security in!!'Iest in the following-described tixture(s)(f):
<br />
<br />Sukup drying bin - 48' dia., 10 ring. Inside and outside ladders w/ platform stairs. Hawk
<br />cut floor, supports, flashing, and 48' 10" sweepway, horizontal unload (3 belt) Motor,
<br />centrifugal fan 15 hp, 3 phase, Fan cent. 20 hp, 3 phase, transition, and shutter fan 20 hp.
<br />
<br />which tixture(s) is (are) affixed to the following-described real estate: (Add legal description) (g)
<br />NE1/4NW1/4 2-10-12, Hall County
<br />
<br />- _...'-_.'_."..~'-~~.-.~'-
<br />
<br />NOW, THEREFORE, in consideration of the making or insuring of such loan by the Secured Party, the undersigned
<br />parties hereby (I) consent that the Debtors may grant to the Secured Party a security interest in said tixture(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 tixture(s) or by any necessity for replacing the tixture(s),
<br />and (b) enforce its security interest against said fixture(s) as personalty.
<br />
<br />The U. s. Department 01 AgrlcuJtUf8 (USDA) prohibits tharlmJnetiOn In aN Itl progt1Jm and actfrRtifJl on the basis 01 race, COlOr. national origin, aas, dl8ability, snd where 8~/8, .ttfx,
<br /> marita/ltsws. lamINaI statu.t, ~rental
<br />Itstus; tellgJon, 8tnfus/orientatJon, gtJnetiC information, political tJeUe/8. reprllsl, or beoaus8 all or pBft of an IndlvlduaJ's1ncome i; derived from any PUblIC auiltance progrsm.
<br /> (Nolan prol)itJitff1 bases apply to aU progntm8.)
<br />P.rso", with ....bilitie. who requln! ./tamohva m..n. fOl comm""lCatiOn of fJIOfJI'I'ffllnfoml.tton ( 1!rII1/ta, 1_ print, ..-tope, .1<;.) .hould contllCt USDA'S TARGET C.nlo,.1 (202)
<br /> 721).2'00 (voice ond TOO). To m. 0
<br />complolnl of Dlscriminallon, wrllelo USDA, DilfH;/OI, Offlco of CMI RIQhIS, 1400 Indopo__ Avonue, Sw., W..hIngIon, DC 202.o-P4 fa, 01 ""II (800) 7P5-3272 (volco) or (202) 720-8382 (TOO).
<br /> USDA I. on oq.ol .pport""lty
<br />provldor and .mployer.
<br />
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