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CCC-297 11.5. DEPARTMENT OF AGRICULTURE
(08-18-04) Commodity Credit Corporation
SEVERANCE AGREEMENT
See Page 2 for Privacy Act and Public Burden Statements.
ADAMS COU4N,TY, NE
INST. NO. ~`~~rt~~.s~'
Date /1-~ . - o~ Time~M
.,• ~~~`
TER OF DEEDS. .
Form Approved -OMB No. 0560-0204
WHE2EAS, (ra/ Danehey Farms; Inc. ~~
(b) , of (c) P.O. Box 19, Bladen, NE 68926 , County of
~~~ Adams r" ,State of (e) Nebraska (herein called Debtors), have
applied tothe Commodity Credit Corporation (herein called the Secured Party), for a loan and have agreed to give the
Secured Party a security interest in the following-described fixture(s):(:::.-.- ~ '_. -; . : '~~•.•'" ., ~ " ~. ~:.....,.
8 Ring (29'5" Eave Height/39'10" Peak Height) 24,034 Bushel level capacity'GSI Grain Bin;"8~
Ring Outside Ladder with Safety Cage; 8 Ring Farm Inside Roof to Floor-Ladder package; Bin
Door Step package; 1 - 1750 15HP GSI Electric Fan; Grill vents; 8"x36' Horizontal Unloading
Auger; 1 - 7. SHP 1 Phase Motor; Concrete Pad and Footings. ~ ~ '
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which fixture(s)'i's (are). affixed to'the following-describedrreaE;estatel.(Qdd legal description) (~`~' ~ .,
The Southeast',Quarterr _-(SE1'./i4~.], ^.Section Twenty-Seven (27), Township Five (5) North, Range
Eleven (11), West of the 6°h P.M., Adams County, NE
NOW, THCRLPORL, in consideration'ofthe making or insuring ofasuch'loar) pX'[h'~ Secti'~ed 1)arty, the undersigned
parties hereby (I) consent that the Debtors may grant to the Secul ed Pat~ya seSuYlty`In,ter~tst ~n saki,fixture(s) under the
Uniform Commercial Code, (2) consent to the installation of said egtiiprnenf and agree said equipment shall be and remain
severed front the real property described above, and (3) agree that upon default of Debtors the Secured Party may (a) take
possessioh of and:rbmove said fixture(s) without notice to the undersigned parties and without liability to them for any
diminution of value of the real estate caused by the absence of the fixture(s) or by any necessity for replacing the fixture(s),
and (b) enforce its security interest against said fixture(s) as personalty.
The V 5. Department of Agdcuttura (USDA) prohibits dsmminetion M ett ifs progam and activities on the basis of race, cobr, national origin, age, tlisabiliry, antl where applicable, ser, mantel sleNS, lamllial status, parental
slaNS, religion, sexual odenfa(ion, genetic inbrrnafion, polifkal6eNe/s, reprisal, or because aN or paR o/an individual's income Is dedvetllrom any public assistenre program. (NO( all prohibited bases app'y to all progamsJ
Persons wNh disabllibes wlro raquim ellemafive moans for cemmunlca(ion o/program inlonnation (BraJle, largo print autliotape, ereJ should ron(acl U90A's TAR6F.T Lenfer al (202J ]20.2600 (voice and TDO). To Nle a
complaint of Dlscriminafion, wdle fo USDA, Director, Omca of Civil Riplrts, f4001ndoVentlenca Avenuo, 9W., Washington, OC 2g260.Dp0, or cell (800J ]86-92]2 (voice) w (202) ]20-6982 (iDDJ. UBDA is an equal opportunRy
provitlar antl employer.
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CCC-297 (08:18'09)
IN'WITNESS WHEREOF, the undersigned parties hereto have executed.this instrument "'"""'"""`""""""~~'°~'
' 14th September ---,-,...°---°~-~j~~-2007.... (year) •~' ' ,.
this,(h) day of (i)
if a corporation: ~.. , „_,,,, ,, . ,
(l) Duly Authorized Officer '
HERITAGE BANK -.-_--.._----~"~-_.....,....._ _ .
(Ic) Name of Corporate (Mortgagee) N~3„~ *~~,_,. (;:'~; ,...........,_:.._.... +.: ~ (n) Individual (Mortgagee) (Owner)
QY (o) Individual (Mortgagee) (Owner)
(m) Title
CORPORATE
SEAL -
"Mortgagee" includes holder of any type of real estate Iten ..:: - ~ ,. '.<
*Delete "Mortgagee" or "Owner." ..
(p) STATE OF /y/~~,6~4L'.¢
(g) COUNTY OF ~,r!/~iocJ ss ACKNOWLEDGMENT:
._ .._..
., ....... .' ~.,..~.___..Page 2 of..p...
On this (r) l Y ~ day of (s) SIiP/'Ew+,Qt.. in the year (t) ~O 7 ,before
me, the undersigned, a Notary Public in and for said State, personally appeared (u) lloQE4tT F. I~E~BEJC
personally known to me or proved to me on the basis of satisfactory evidence to be the individual(s) whose name(s) is
(are) subscribed to the within instrument and ac!crowledged to me that he/she executed the same in his/hcr/their capacity
(ies), and that by his/her/their signature(s) on the instrument, the individual(s) or the person on behalf of which the
individual(sl acted. execute-the instrument
GENERAL NOTARY-State o1 Nebraska
LYNDSEY CRISS
- My Comm. Exp. Sept 13, 2008
(SEAL)
l
(v) Not Public
~i~r3~2oo~
(MM-DD-YYYY)
My commission expires (w)
NOTE: The following statement Is made in accordance with the Privacy Acl 011974 (5 USC 552at and the Paperwork Reduction Acf 017995, as amended. The aufhonly for requesting
the following inlormafion is 7 CFR Part 1436 and the Commodity Credit Corporation Cheder AcL 5 USC 714 et. seq. the inlormafion vrill be used to determine eligibility Ior
CCCfinancing /or farm, sfoiage and drying equipment. Furnishing the requested in/ormation is voluntary; however, without it CCC financing under (he progrem cannot be
provided. Failure fo furnish the requested inlormafion will result in denial o/CCC financing under this program. This inlormafion may be provided fo other agencies, IRS,
Departmen(o/Justice, or other State and Federallaw enforcement agencies, and in response to a court magistrate or administrative Mbunal. The provisions o/criminal and
civil Iraud sfalu(es, including 18 USC 286, 287, 371, 647, 651,' 1007; 15 USC 714m; and 31 USC 3729, maybe applicable fo (he inlormafion provided.
According (o the Paperwork Reduction Acf o/ 7995, an agency may not cronducf or sponsor, and a person is no( required fo respond fo,.a collection of information unless it
'displays a~valid OMB cronfrol number The valid OMB control number Iorthis inlormafion collection is 0560-0204: The time required to complete this inlormafion collection is
~~ ""estimated to average 15'mindfes per response, including the time for reviewing instrucfions,'searching existing data sources, gathering and maintaining the Bala needed, and
completing and reviewing the collection of inlormafion. RETURN THIS COMPLETED FORM TO YOUR COUNTY FSA OFFICE.
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