Deed - Washington Ave & Estabrook St - File 537, 1963

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0 P T I O N f..-�zr In consideration of - Ten and no/100 _ _ - _ -($ 10.00^ -) DOLLARS, The receipt whereof is hereby acknowledged, I hereby give to -CITY OF Sha - - LE.PIMRO a Municipal Corporation - - _, hereinafter referred to as Optionee, the option of buying, for the full price of Two Hundred and Ninety and no/lO0 - - - - - - ($ 290.00 )DOLLARS, --------------------------- --------- the following described real property situated in the City of San Leandro - - County of - Alameda - - - - -+ State of California, and more particularly describW 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 _`i*o hundred Eighty - -an.:_-no%L�_, _ _ _ _ _ _ _ _ T - - -($- 280_00 - - - -) DOLLARS, in full payment of the purchase price of said real property; but if said option is not closed within 90 days from date hereof, I am to retain the said sum of Ten and no/l_'0 - - ($ 10.00 )DOLLARS, so paid 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 "' Jf - - -day °f _ _' `{iti- - - - - • 19-03 - State of California ) ss County of. Alameda ) On this - - - _ clay of _ _19_ _, before me, the undersigned Notary Public, personally appearej - 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. - - - - - - - - - - - - - - - - - - - Notary Pub1=.c in and for said Cc7nty and Sete My Commission Expires: - - _ _ _ _ _ _ ra