Deed - Community Library Center - File 380, 1958

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•�jj a Fsy�,r�CLO O P T I O N In consideration of _ TEN AND N0/100 _ _ _ _ _ _ _ 1�_ 10_00 _ -) DOLLARS, the receipt whereof is hereb, acknowledged, I hereby give to The CM OF SAN LEANDRO. A MuniciiDal Corvoration hereinafter referred to as Optionee, the option of buying, for the full price of SEVENTEEN THOUSAND FOUR HUNDRED NIRM AND _ _ _ _ _ _ _ _ N 1100 _ _ _ _� _ -..� _ _( 17 490.00_ _ _) DOLLARS, the following described real property situated in the City of _ San Leaq�siro _ _ _ _ _.s County of _ _ Alameda _ _ _.,, State of California, and more particularly described as follows., towits ________________________________ Optionee shall have the right to close this application at any time within 0 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 the execution of said deed I am to be paid the further sum of SEVENTEEN THOUSAND FOUR HUNDRED EIGHTY AND N0/100 - / 17,480.00 ) DOLLARS, in full payment of the purchase price of said real property; but if said option is not closed l_:�_ _ within W days from date hereof, I am to retain the said sum of _TEN AND N0/100 _ _(�_ L 00 _ -) DOLLARS, so paid as aforesaid, as liquidated damages. If said Option is closed within the said I� _%days = _ _-----_� -, the amount paid as aforesaid is to be applied towards the t urchase price. Time is of the essence of this contract. Dated this �C tL day of --- '-- - - - - - State of California) ss County of Alameda ) On this _ _ _ day of _ _ _ _red _ _ _19_ before me, the undersigned p Notary Public, persona appea knovm to me to be the person_ described in and whose name _ subscribed to and who executed the wackn ithin instrument and owledged to me that executed the same. Notary rublic in and for said County and State Nay Commission Expires: