Laserfiche WebLink
IF THIS OPTION IS EXERCISED, TAXES FOR THE FISCAL YEAR ENDING JUNE 30TH FOLLOWING <br />THE DATE OF EXERCISE, AND OTHER EXPENSES OF SAID PROPERTY, SHALL BE PRORATED AS OF THE <br />DATE OF RECORDING THE DEED, AND OPTIONOR(S) SHALL PAY A COMMISSION OF <br />NONE DOLLARS ($ __ ) TO THE REAL <br />ESTATE AGENT HEREIN NAMED, OPTIONOR(S) HEREBY AUTHORIZE(S) THE AFORESAID TITLE COMPANY <br />TO PAY SAID COMMISSION OUT OF FUNDS RECEIVED BY IT IN SAID ESCROW. OPTIONOR(S) SHALL <br />PAY THE COST OF UNITED STATES DOCUMETITARY STAMP TAXES AND OPTIONEE SHALL PAY RECORDING <br />COSTS AND TITLE INSURANCE PREMIUM, <br />SHOULD THE IMPROVEMENTS ON SAID PREMISES BE DESTROYED OR MATERIALLY DAMAGED <br />PRIOR TO THE EXERCISE OF SAID OPTION BY OPTIONEE, THE PURCHA5F F'RIC:t SH.v L-� cc <br />BY THE PERCENTAGE OF THE VALUE OF THE IMPROVEMENTS TO THE TOTAL PURCHASE PRICE; IF SAID <br />REDUCTION CANNOT BE AGREED UPON BY THE PA?TIES HERETO, THEN THE SAME SHALL BE DETERMINED <br />BY ARBITRATION, ONE ARBITRATOR TO BE APPOINTED BY EACH PARTY AND A THIRD BY THE TWO SO <br />CHOSEN; AND THE DETERMINATION OF THE ARBITRATORS SHALL BE FINAL AND BINDING, <br />TIME IS OF THE ESSENCE OF THIS AGREEMENT, PROVIDED THAT <br />NONE , THE REAL ESTATE AGENT THROUGH <br />WHOM THIS OPTION WAS ARRANGED, MAY AT ANY TIME WITHOUT NOTICE EXTEND THE TIME OF THE <br />EXERCISE OF THIS OPTION FOR A FURTHER PERIOD OR PERIODS, NOT EXCEEDING THIRTY (30) DAYS IN <br />ALL (IN ADDITION TO THE OPTION EXTENSION ABOVE PROVIDED FOR) IF HE DEEMS SUCH EXTENSION <br />ADVISABLE. <br />NOTICES HEREUNDER. SHALL BE GIVEN TO OPTIONOR(S) AT_ <br />65 Thornton Street, San Leandro, Cal. AND TO OPTIONEE AT <br />20 Eatudillo 4venue, San Leandro. Cal, <br />May 11, 1961 <br />_ n <br />PtIONOR(S) <br />ACCEPTED. <br />OPT IONEE <br />