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ESTOYPEL CCRTIFICATF
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i1IL0 E. SCHAVDELMEIER, JR. (herein called .
"Schandelmeier"), r1ARILYN SCHAs~TDELMEIER, his wife (herein
called ''~Iarilyn Schandelmeier"), adult residents of the _
State of [Jisconsin, and SCHAND~LMEIER 'D~VELOPI~IiT CJItP. , A ~
'-Z orporation (herein called ~~t~evel~nment") ~or and .
in consideration_of the svm of One Dollar ($1.U0) and other
~ood and valuable consideration, receipt of which is hereby
expres~ly acknowledged, and ~o enable the transfer of certain
real properCy (herein called the "Property") more particularly ~
~described in Exhibit A attached hereto and made a part hereof, -
from the Co~pany to FIRST HIISCONSIN NATiONAL BANK OF MILtJAUKEE,
a nz~ional banking association (herein called the "Bank") do
each hereby expressly certify to the following:
1. That the said transfer of real property by the " .
- Co~pany to the Bank, is being nade in consideration of the
release of Schandelmeier, Marilyn Schandelmeier, the Company.
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and Schandel~eier Development Corp a Wisoons,in corporation
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; {herein called "Development") under that certain construct3.on
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~ loan ~rith the Bank presently relating to the Property, in-
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~ cluding the rele2se of Schandelmeier and rlarilyn Schandelmeier
~ as guarantors•.of said loan. Schandelmeier, Marilyn Schandelmeier,
and the Com~any each ackno«ledge that such consideration is good
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~ and sufficient and that the subject conveyance is freely and
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s voluntarily male solely in return for such good and sufficient
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€ con~ideratio:~ .
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~ . gooK 243 PAGE 514
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