Deed - Washington Ave, widening - File 515, 1962

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0 P T I O N In cons i d er at i.on of TEN —AND N0/100 = _ _ _ _ _($_ 10_00 —) DOLLARS, The receipt whereof is h,:re'.)y acknowledbed, I hereby give to The _CITY _OF_ SAN LEANDRO. a Nunicinal Corporation _ _ _ _ _ _ _, hereinafter referred to as Optionee, the option of buying, for the full price of _NINE THOUSAND FOUR HUNDRED AND NO/100------------------------ ($ 9,400.00 )DOLLARS, the following described real property situated in the City of —San Leandro County of Alameda State of California, and more particularly described as follows, to wit: Optionee shall have the right to close this application at any time within _ _ 90 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 NINE THOUSAND THREE HUNDRED NINETY AND — NO/100 ---- — ($ — 9, 390.00 — — ) DOLLARS, in full payment — — — — — — — — — — — — — — — — — — — — — — of the purchase price of said real property; but if said option is not closed within — 90 days — _ _ — frori date hereof, I am to retain the said sum of TEN AND NO 100 -- CS 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 20th_ _day of _ Au&ust_ _ _ _, 19_62 _. (Domingo R. Pagano) -------------------- State of California ) ss County of Alameda ) On this 20th day of August 19 62, before me, the undersigned Notary Q_ Public, personally appearec: DOMINGO R. PAGANO known to me to be the person_ described in and whose name_ is _ _ subscribed to and who executed the within instrument and acknowledbed tc_me that —he — executed the same. Notary Ptebl'cc an6 nor —said Cc2nt7 and P. L. Campbei � at , boy Commis or. E Hires._ Oct_ 14 1962 a A