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O P T I O N <br />In consideration of _ TEN AND N01100--- _ _ _ _ _-_ _ = 1� LO C10 _ -) <br />s <br />DOLLARS, the receipt whereof is hereby acknowledged, I hereby give to <br />_ _ _ _ The CITY OF SAN LEANDRO,_s Municipal Coraoration <br />hereinafter referred to as Optionee, the option of buying, for the full price of <br />_THREE THOUSAND FIVE -HUNDRED ,AND- NO11.00 _ _ _ - _($- 3s5o s �o _ _ -) DOLLARS., the <br />-------------- -- <br />follolAng described real property situated in the City of _San Leandf'o_ _ _ _ _ .„9 <br />County of _Alain^da _ _ - -., State of California, and more particularly described <br />as follows, to wits_____________________________ <br />- - 1 <br />----------------------------------------- <br />Optionee shall have the right to close this application at any time within <br />180 dap _ - from date hereof, and I agree to execute and deliver to <br />Optionee, or to any one named by Optionee, a good and sufficient Grant Deed. On <br />the execution of said deed I am to be paid the further sum of TFMEE THOUSAND - - <br />_FOUR H?UiD ED NINETY AND N01100 _ S 311�9o*00 _ -) DOLLARS, in full payment <br />of the purchase price of said real property; but if said option is not closed <br />within _ _ _ _ 180 dqu. _ _ _ _ _ _ _ from date hereof, I am to retain the said <br />sum of _TEN AND NOI]AO _ _ _ _ _ _ _ _ _ _ _( 10�00 _ _ _) DOLLARS, so paid as <br />aforesaid, as licuidated damages. If said Option is closed within the said <br />180 dVc _ _ _ _ _ _ _ _ _ _ _ ^, the amount paid as aforesaid is to be <br />applied towards the purchase p ce% Time is of the essence of this contract. <br />Dated this day of _ _ _, 19- • <br />J..... <br />i <br />State of California) se <br />County of Alameda ) <br />On this 3 I _day of 19 b fo me, <br />Notary Fub i c, personally ,ear <br />known to me to be the perso _ described in and whose name, <br />s scribed to and who executed the within instrument and a <br />xecuted the same. <br />TT..+'n«.. <br />the unders' ne� <br />to me that <br />y an— <br />Nay Commission Expires <br />F,%c 34lr1 <br />,4,*V -77,0_ <br />