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0 P T I 0 N <br />In consideration of TEN AND N011OO------------- ($ 10.O(1 _) DOLLARS, <br />The receipt whereof is hereby acknowledged, I hereby Give to _ The CITY OF - <br />SAN LFANDRQ, A_Munici_pal_Cgrpsrat..Qn- _ _ ._ _ _ __ _• hereinafter referred <br />to as Optionee, the option of buying, for the full price of _$O T.HQUSANx2 FIYE <br />HUNDRED FIFTY AND NO11OO _ _- ---_ --_-. -_( 2jL550.00 _ _ _)DOLLARS, <br />the following described real property situated in the City of Sah Leandro. _ <br />County of - _Alameda_ - _ _, State of California, and more particularly <br />described " 'ollom, .to wit! <br />----------------------------------------- <br />Optionee shall have the right to close this application at any time within <br />120 days _ from date hereof, and I agree to execute and deliver to <br />Optionee, or to any one named by Optionee, a good and sufficient Grant Deed. On <br />execution of said deed I am to be paid the further sum of TWO THOUSAND FIVE <br />HUNDRED FORTY AND NO/100------($ 2,540.00 ) DOLLARS, in full payment <br />--------------------------- <br />of the purchase price of said real property; but if said option is not closed <br />within - 120 days _ _ _ from date hereof, I am to retain the said sum of <br />TW_AtgLjjO/WQ +_ ($_jj0 jQ _ _ _)DOLLARS, so paid as aforesaid, as liquidated <br />damages. If said Option is closed within the said _ _ _ 12. days _ _, 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 _ _ _ _ _day of _ .! _ + _ _ , 19ii_. <br />-------------- - - - - - — <br />State of California ) ss <br />County of Alameda ) <br />On this _ _ _ clay of _ _ _ _ _ _ _19 before me, the undersigned Notary <br />Public, personally appeared <br />known to me to be the person_ described in and whose name_ _ _ _ subscribed <br />to and who executed the within instrument and acknowledged to me that_ _ _ _ _ <br />executed the same. <br />Notary Public in and f or_said County and <br />State <br />My Commission Expires: <br />