Deed - Community Library Center - File 355, 1958 pt1

Home

O P T I O N In consideration of TEN AND N0A,)0 = _ - _ . _ - _ _ _ - - _ (A_ 10*00 — —) DOLLARS, the receipt whereof is hereby acknowledged, I hereby give to THE CITY OF SAtN LEANDROq A Municipal Corporation -------------------- ------ --------------- hereinafter referred to as Optionee, the option of buying, for the full price of FIVE THOUSAND UD I1401100 — — — — — — — - - — — _(s 5,00000— — — —) DOLLARS, the following described real property situated in the City of _ San Le9ndra_ — ..a County of Alameda— — — — State of California, and more particularly described as follows, towitt--''—____-- ----------------------------------------- Optionee shall have the right to close this application at any time within _ 180 dada — — _ —from date hereof, and I agree to execute and deliver to Optionee, or to any one named by Optionee, a good and sufficient Grant Deed. On the execution of said deed I am to be paid the further sup: of FOUR THOUSAIM _ — MW, HUNDRED NINETY AND—NO1100 _ ($, 4.090A00 _ _ _ _) DOLLARS, in full payment of the purchase price of said real property; but if said option is not closed within 180 days _ _ _ _ _ _ _ _ from date hereof, I am to retain the said sum of _ TFId AND 1NOL1c� _ _ _ _ _ _ __ DOLLARS, so paid as aforesaid, as liquidated damages. If said Option is closed within the said _ _ _180_ —ays I _ _ _ — — _ _ _ _ _ _ —P the amount paid as aforesaid is to be applied towards the purchase price. Time is of the essence of this contract. Dated this 6CA1 day of _C L ---------- State of California) ss County of Alameda ) On this _ _ day of 19before me, the undersigned Notary Fublic, personally aea ppred_ __ known to me to be the persondescribed in and whose name _ subscribed to and who executed_ the within instrument and acknowledged_ to_ me that executed the same. Notary public in and for said County and State My Commission Expires: