Deed - Washington Ave, widening - File 498, 1962

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0 P T I O N In consideration of TEN AND N0/100 - _-_ _ _ _ _ _($10.00 —) DOLLARS, The receipt whereof is hereby acknowledged, I hereby give to _The CITY OF — SAN LEANDRO, a Municipal Corporation— — — _ — — — —, hereinafter referred to as Optionee, the option of buying, for the full price of FIVE HUNDRED TWENTY TWO AND 50/100----------------------------- ($522.50 )DOLLARS, --------------------------- --------- the following described real property situated in the City of _San Leandro,_ County of — Alameda — — — —, State of California, and more particularly described asfoUWA%, toait!L, ——-------——————— — — — — —— Optionee shall have the right to close this application at any time within _ —99 days _ _ from date hereof, and I agree to execute and deliver to Optionee, or to any one named by Optionee, a good and sufficient Grant Deed. On execution of said deed I am to be paid the further sum of FIVE HUNDREDvVFI,YE AND 50/100---------------------($ 512.50 ) 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 N01100_ _ _($_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 day of — — — —_ — — State of California ) ss County of Alameda ) On this — — — clay of _ _ _19_ _, before me, the undersigned Notary Public, personally appeared — known to me to be the persondescribed in and whose name_ _ _ _ subscribed to and who executed the tivithin_ instrument and acknowledged to me That — — — — executed the same. - - - - - - - - - - - - -- - - - - - - No+any Pub13.c in and for said Cc1n-t-7 and auto My Commission Expires:— — — — _ _ _ _ _