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0 P T I O N <br />In cons4deration of ,� �i�l? 1�S�1Qp— ^ ` _ _ _ _( 10 _00 —) rOLLAitS, <br />The <br />receipt whereof is here',)y <br />ackuowled„ ed, I hereby give to The <br />CITY OF — <br />SAN <br />LEANDRO, a Municipal <br />Corporation , hereinafter referred <br />to as Opti.onee, the option of <br />buying, for the null price of SEVEN <br />THOUSAND_ <br />TWO <br />HUNDRED AND NO/100 _ _ ^ ---: _ _-_ _ _-_ _($_7.200.00 <br />_ _ _)DOLLARS, <br />the <br />following described real <br />property situated in the City of San <br />Leandro, — <br />County of Alameda , State of California, and more particularly <br />described as follows, to wit:_ <br />Optionee shall have the right to close this application at any time within <br />90 days — — from date hereof, and I agree to execute and deliver to <br />Optionee, or to any one named by Optionee, a good and sufficient Grant Deed. On <br />execution <br />of said <br />deed <br />I am to be paid <br />the further <br />sum of SEVEN <br />THOUSAND ONE <br />HUNDRED —NINETY <br />AND <br />NO/100_-+ _ _�.$— <br />7, 190.00 <br />— —) DOLLARS, <br />in full payment <br />of the purchase price of said real property; but if said option is not closed <br />within 90 days <br />from date hereof, I am to <br />retain the said <br />sum of <br />TZW A19D_Np/_1AQ --( $_ <br />10.00_ _ _)DOLLARS, so paid <br />as aforesaid, as <br />liquidated <br />damages. If said Option <br />is closed within the said _ <br />90 days _ _ _ _, <br />the <br />amount paid as aforesaid <br />is to be applied towards the <br />purchase price. <br />Time is <br />of the essence of this contract. <br />Dated this _ �',_r_ —day of _ `���— _, 19 �. <br />State of California ) ss <br />County of Alameda ) <br />On this _ _ _ day of _ _ _19 before me, the undersigned Notary <br />Public, personally appearec — — <br />known to me to be the person_ described in and w:iose name_ _ _ subscribed <br />to and who executed the !within instrument and acknowledged to me hat_ <br />executed the same. — <br />— — — — — — — — — — — — — — — — — — — <br />Notary Public in and for said Cent; and <br />Sate <br />My Commission Expires __ <br />