Deed - Marina Blvd & Merced St - File 536, 1963

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0 P T I O N In consideration of TEN AND N0/100--------- ($ 10.00 ) pOLLAiiS, The receipt whereof is h,;reby acknowledged, I hereby give to — The_CITY_OF_ SAN LEANDRO, a Municipal Corporation , hereinafter referred ------------------------------- to as Opt;.onee, the option of buying, for the full price of FOUR THOUSAND — FIVE HUNDRED AND N0/100--------------------($ 4,500.00 )DOLLARS, the following described real property situated in the City of San Leandro — — County of Alameda State of California, and more particularly described 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 —FOUR THOUSAND _ FOUR HUNDRED NINETY AND N0/100 {$ 4,490.00 ) 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 TENADN NO/100 ---- b 10.00 )DOLLARS, so paid as aforesaid, as liquidated damages. If said Option is closed within the said — — 9 0 days_ _ _ _, the amount paid as aforesaid is to be applied towards the purchase price. Time is of the essence of this contract. Dated this —25th —day of — _ June— _ _ —, 19— 6.3 . 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 acknowled ed tc_ me that_ executed the same. — — — — — — — — — — — — — — — — — — — Notary Publ .c in and for said Ccunt;l and Slate � My Commission ; pires _ _ _ _ _ _ _ _ "J