Deed - Alvarado St at Marina Blvd - File 546, 1964 pt1

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0 P T I O N In considerat4.on of TEN AND iQ/.IOO= _ _ _ _( _ _1Qj0Q) DOLLARS The receipt whereof is horeb y acknowledged, I hereby give to the City_ of _ San Leandro, a Municipal Corporation hereinafter referred to as Optionee, the option of buying, for the null price of TWO THOUSAND SEVEN HUNDRED FIFTY SEVEN AND 15/100----------- C$ 2,757.15 )DOLLARS, the following described real property situated in the City of San Leandro _ County of _Alameda_ — — — —. State of California, and more particularly =d as follows, to wit: — _ _ _ _ _ _ Optionee shall have the right to close this application at any time within 90 days 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 execution of said deed I am to be paid the further sum of _TWO THOUSAND SEVEN HUNDRED FORTY SEVEN AND 15/100 ($2,747. 15 ) DOLLARS, in full payment --------------------------- of the purchase price of said real property; but if said option is not closed within 90 days from date hereof, I am to retain the said sum of TEN AND NO11O0 _ _C$_ 10.00_ _ _)DOLLARS, so pair! as aforesaid, as liquidated damages. If said Option is closed within the said — _ 90 days _ _ the amount paid as aforesaid is to be applied towards the purchase price. Time is of the essence of this contract. Dated this — -- —2nd day of April— ril _ -- , 19 —i1. --- ---- ON TRACTOR CO. --------- -- --------------------------- - State of California ) ss County of Alameda ) On this day of 19, before me, the undersigned Notary Public, personally appeare7_ _ __ _ 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. NotartPublic in and for said Ccunt and S,'-Ate My Commission ixpires:_