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0 P T I 0 N <br />In consideration of Ten and no/100 - - - - - - - ( $ 10.00 ) DOLLARS , <br />The receipt whereof is h,;re'jy ackuowled-ed, I hereby give to City -of San Leandro <br />a ialunicipal Corporation - - - - - - - - - - - - - - - - - hereinafter referred <br />to as Optionee, the option of buying, for the full prise of - Fifteen Thousand - <br />Four Hundred <br />and no/100 - - <br />- - - - - - - - - - - - (s i5.,400.00 <br />-)DOLLARS, <br />the following <br />described real <br />property situated in the City of - San <br />Leandro - - <br />County of _ Alameda _ _ _ _ State of California, and more particularly <br />described as follows, to wit:_ <br />Optionee shall have the right to close this application at any time within <br />60 from date hereof, and I agree to execute and deliver to <br />Optionee, or to any one named by Optionee, a good and sufficient Grant Deed. On <br />execution of said deed <br />I am to be <br />paid the further <br />sum of Fif teen Thousand - - <br />Three Hundred Ninety <br />- - - - - - - - - - - <br />and no/100 <br />- - - - - - <br />- ($ 153390,00 <br />- - - - - - - - <br />- - ) DOLLARS, in full payment <br />of the purchase price of said real property; but if said option is not closed <br />within 60 from date hereof, I am to retain the said sum of <br />Berl_C$1Os00_ _ _ _)DOLLARS, so paid as aforesaid, as liquidated <br />damages. If said Option is closed within the said 50_ - _ _ _, the <br />amount paid as aforesaid is to be applied towards the purchase price. Time is <br />of the essence of this contract. <br />Dated this 8th _ _ day of _ December - - -, 19 62 <br />r <br />State of California ) ss <br />County of Alameda ) <br />On this day of _ _ _19_ _, before me, the undersigned Notary <br />Public, personally appearec; <br />known to me to be the person_ described in and whose name_ _ _ subscribed <br />to and who executed the within instrument and acknowled ed tc me That <br />executed the same. <br />Notary Pub14_c in and fo_ said Cc7J7 and <br />Sate <br />My Commission Expires: _J <br />---------- .w.. <br />�1_1 <br />