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0 P T I 0 Id <br />In consideration of <br />DOLLARS, the receipt whereof i„ hereb,, acknowledged, I hereby give to <br />CITY OF SAN MANDRO, a municipal corporation <br />hereinafter referred to as Optionee, the option of buying, for the full price of <br />FIFTY THREE THOUSAND AND N01100 _ _ _ -. (�$ 53�000*00 _ _ _ —) DOLLARS, the <br />following described real property situated in the City of _ San Leandro <br />County of _ Alameda _ _ _ —, State of California, and more particularly described <br />as follows, to wits ____________________________ <br />Optionee shall have the right to close this application at any time within <br />— _ — 180 days _ from date hereof, aid 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 FIFTY TWO THOUSAND <br />NINE HUNDRED NINETY AND N�YM _ = ($.12.s920,Qo _ _ _ _) DOLLARS, in full payment <br />of the purchase price of said real property; but if said option is not closed <br />within 180 dws _ _ _ _ _ _ _ _ _ _ _from date hereof, I am to retain the said <br />sum of _TEN AND NO1100;(w_Vt _ _ _) DOLLARS, so paid as <br />aforesaid, as li ouidated damages. If said Option is closed within the said <br />_ 180 days _ _ _ _ _ — — _ — _ _ — ^, the amount paid as aforesaid is to be <br />applied towards the purchase price. Time is of the essence of this contract. <br />Dated this —__ day of—______, 19--_—. <br />'Itz -------------- - <br />State of California) as <br />County of Alameda <br />On this day of _ _19_ .. _, before me, the undersigned <br />li Notary Fubc, persona'Tly ea appred <br />known to me to be the person described in and whose name <br />subscribed to and who executed the within instrument and acknowledged to me that <br />executed the same. <br />Notary rublic in and for said County and <br />State <br />Defy Commission Expires: _ _ _ _ _ _ _ _ _ _ <br />