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O P T I O N
<br />In consideration of TEN AND NO/100 ($10.00) DOLLARS,
<br />AVANSINO, MORTENSEN & CO.
<br />the receipt whereof is hereby acknowledged, A hereby
<br />give to the City of San Leandro, a Municipal Corporation,
<br />hereinafter referred to as Optionee, the option of
<br />buying, for the full price of T6vENTY ONB THOUSAND EIGHT
<br />HUNDRED SIXTY TWO and 15/100 ($21,862.15) DOLLARS, the
<br />following described real property situated in the City
<br />of San Leandro, County of Alameda, State of California,
<br />and more particularly described as follows, to wit:
<br />Parcel LD-60-255: Real property in the City of San Leandro,
<br />County of Alameda, State of California, being a portion of
<br />Parcels 4 and 51 as said parcels are described in the deed.
<br />from Wilma G. Peirano, a single woman, to Henry A. Avansino
<br />and Peter D. Mortensen and Albert Dettmer, co-partners
<br />doing business under the firm name of Avansino, Mortensen
<br />& Co., recorded September 4, 1934 in Book 3077, page 348,
<br />Official Records of Alameda County, described as follows:
<br />YARC6L 1: BEGINNING at a point on the southwestern line
<br />of Washington Avenue, formerly Watkins Street, distant
<br />along said line south 280 east 340 feet from the south-
<br />eastern line of Floresta Boulevard, formerly West Avenue
<br />144, as said street and avenue are shown on the Partition
<br />Map of the Land of Leonard Stone Estate, filed October 8,
<br />1895, in Book 15 of Maps, page 36, Alameda County Records;
<br />said point of beginning being the southeastern corner of
<br />the parcel of land described in the deed from Avansino,
<br />Mortensen & Co., a California corporation, to the City of
<br />San Leandro, a municipal corporation, recorded September
<br />25, 1957 in Book 8478, page 67, Official Records of Alameda
<br />County; Thence continuing along the said. southwestern line
<br />of Washington Avenue south 280 east 405 feet to the north-
<br />western line of the parcel of land described in the deed
<br />from Matilde Ferrari, also known as Metild.e Ferrari, a
<br />widow, to Albi S. Ferrari and. Helen Ferrari, his wife,
<br />recorded April 4, 1955, in Book 7619, page 291, Official
<br />Records of Alameda County; thence along the last mentioned
<br />line south 620 west 12.00 feet to a line parallel with the
<br />said southwestern line of Washington Avenue and 12.00 feet,
<br />measured at right angles, southwesterly therefrom; thence
<br />along the said parallel line north 280 west 405 feet to
<br />the southeastern line of the said. parcel of land deeded by
<br />Avansino, Mortensen & Co., to the City of San Leandro; thence
<br />along the last mentioned line north 620 east 12.00 feet to
<br />the point of beginning.
<br />PARCEL 2: BEGINNING at a point on the said southwestern
<br />line of Washington Avenue, distant along said line south
<br />280 east 854.20 feet from the said intersection of the
<br />southwestern line of Washington Avenue with the south-
<br />eastern line of Floresta Boulevard, said point of beginning
<br />being the southeastern corner of the parcel of land des-
<br />cribed in the Deed of Trust between Matilde Ferrari, a
<br />widow, Trustor, Corporation of America, a California
<br />corporation, as Trustee, and Bank of America National
<br />Trust and Savings Association, Beneficiary, recorded
<br />February 25, 1952 in Book 6664, page 371, Official Records
<br />of Alameda County; thence continuing along the said
<br />southwestern line of Washington Avenue south 280 east
<br />201.78 feet to the northwestern line of Lot 1 as said
<br />lot i!.shown on the aforementioned map; thence along the
<br />(1)
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