Deed - Community Library Center - File 361, 1958

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O P T I O N In consideration of _ TEN AND N0/100 _ _ _ _ _ _ _ _ _ _ _ _ ��y10.00 — — —) DOLLARS, the receipt whereof is hereby acknowledged, I hereby give to The CITY OF SAN LEANDRO,— A Municipal Corporation — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — hereinafter referred to as Optionee, the option of buying, for the full price of TWELVE THOUSAND AND NO/100 _ _ _ _ _ _ _ _ _ _ _($ 12,000.00 — — —) DOLLARS, the following described real property situated in the City of _ San Leandro _ — _ — 1 County of —Alameda _ _ _ State of California, and more particularly described asfollvws, tovritt___________________________ Optionee shall have the right to close this application at any time within ags _ — —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 sum of ELEVEN THOUSAND — — NINE HUNDRED NINETY AND N0/100 _ J� 11'990_ 00 — — _ —) DOLLARS, in full payment of the purchase price of said real property; but if said option is not closed within ]�t lft6 days from date hereof, I am to retain the said sum of _ _TEN A" NO/100 _ _ _ _ _ _ _ _ _ `(�_10.00_ — — —) DOLLARS, so paid as aforesaid, as liouidated damages. If said Option is closed within the said -'days _ _ _ _ _ — _ — _ — —, the amount paid as aforesaid is to be applied towards the purchase price. Time is of the essence of this contract. Dated this —day of —�� —, 19 �• ---------------------- State of California) es County of Alameda ) On this _ _ _ day of _ _19— _ ^, before me, the undersigned ps Notary Fublic, eronally* appeared known to me to be the person_ described in and whose name subscribed to and who executed the within instrument and acknowledged to me that executed the same. Notary rublic in and for said County and State Yy Commission Expires: _ _ _ _ _ _ _ _ _ _ U�