Deed - 1203 Gardner Blvd, branch library - File 564, 1964

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0 P T I O N In consideration of - Ten and no/100 _ _ - , _ - -($- 10.00 -) DJLL_N,)S, The receipt whereof is hereby acknowledged, I hereby give -co the City of San Leandro, a Municipal Corporation- - - - - - hereinafter referred to as Optionee, the option of buying, for the lull price of Nineteen Thousand Eight Hundred Seventy Five and no/100- _ w _-($-19,875_00- - -)DOLLARS, the following described real property situated in the City of San Leandro County of -Alameda - - - - -, Statc of California, and more particularly described as follows, to wit: ----------------------------- -� --_ - -oe-- ------ - - - -- -- w. ---- Optionee shall have the right to close this application at any time within - - ninety 29C4om 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 execution of said deed I am to be paid the further sum of Nineteen ThousanEa Eight Hundred Sixty Five _ _ - -($ 19,865_00 - -) DOLLARS, in full payment of the purchase price of said real property; but if said option is not closed within -ninety (90) - - from date hereof, I am to retain the said sum of Ten Dollars (�, 10.00 - - )DOLLARS, so paid as aforesaid, as liquidated damages. If said Option is closed within the said _ninety 590) - -, the amount paid as aforesaid is to be applied towards the purchase price. Time is of the essence of this contract. Dated this 3rd - -day of - November - - -� 19 64 State of California ) ss County of Alameda ) On this - - - clay of - - - - - - .19 _, before me, the undersigned Notary Public, personally 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. - - - - - - - - - - - - - - - - - - - 'County - - - Notary Public in and for said and State My Commission Expires: