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0 P T I O N <br />In consideration of — TEN AND N01100 _ _ _ _ _($— 10. 00 _) DOLLAIIS , <br />The receipt whereof is hereby acknowledged, I hereby give to _ the City of _ <br />SAN LEANDRO, a Municipal Coraoration — — , v — — —, hereinafter referred <br />to as Optionee, the option of buying, for the full price of TWO THOUSAND <br />TWENTY FOUR AND 12/100--------------------- ($ 22024.12 )DOLLARS, <br />the following described real property situated in the City of — San Leandro,_ <br />County of Alameda — — — — —, State of California, and more particularly <br />described as follows, to wit: <br />-------- -- --- <br />------------------------- --_ ---------- <br />Optionee shall have the right to close this application at any time within <br />_ _ 90 days _ from date hereof, and I agree to execute and deliver to <br />Optionee, or to any one named by Optienee, a good and sufficient Grant Deed. On <br />execution of said deed I am to be paid the further sum of TWO THOUSAND <br />FOURTEEN AND 12/100 - _ _ _ —($ 2.014.12 — _) DOLLARS, in full payment <br />of the purchase price of said real property; but if said option is not closed <br />within — — 9.0 days — — _ from date hereof, I am to retain the said sum of <br />TF,N PAN2 NQ/i09_ _ _($_jjQQ _ _ _)DOLLARS, so paid as aforesaid, as liquidated <br />damages. If said Option is closed within the said — 90 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 — _ —, 19 <br />State of California ) ss <br />County of Alameda ) <br />On this-! day of 196*-2, before me, the undersigned Notary <br />Public, personally appearev — <br />Albi E. Ferrari and Helen J. Ferrari <br />known to me to be the person described in and w.iose name_ ee, � subscribed <br />to and who executed the within instrument and acknowledged to me that — <br />executed the same. <br />— WiL iM AA-Csatra _ <br />Notar;� Prbl�_c �.n and fow said �c�int,� and <br />Sate <br />My Coranission Expires: December 18. 1964 <br />