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0 P T I O N <br />In consideration of TEN AND N01100 _ _-_ _ _ _ ^-_($ 10. 00 _) DOLLARS, <br />The receipt whereof is hereby acknowledged, I hereby give to — the CITY OF SAN <br />LLANDRO,_a biunicinal Corporation _ — — — _ — — _ _, hereinafter referred <br />to as Optionee, the option of buying, for the fu11 price of — SIX THOUSAND THREE <br />HUNDRED FIFTY FIVE AND NO/100----- _ _ _ —($ 6,355.00 _ _ _)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 - <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 Optionee, a good and sufficient Grant Deed. On <br />execution of said deed I am to be paid the further sum of SIX_THOUSAND THREE <br />HUNDRED FORTY FIVE AND N01100- ($ 6, 345.00 ) DOLLARS, in full payment <br />— — — — — — — — — — — — — — — — — — — — — — — — — — — <br />of the purchase price of said real property; but if said option is not closed <br />within 90 days from date hereof, I am to retain the said sum of <br />.T;J`LA..NIZ �iC�lO.Q_ _(a>>_ 10_00_ _ _)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 .20tL _ day of _ _Augu3 t _ _ _� 19 62 <br />(Luigi Pagano) <br />-------------------- <br />State of California ) ss <br />County of Alameda ) <br />On this 20th day of August _ _ _19-62, before me, the undersigned Notary <br />Public, personally appeared <br />LUIGI PAGANO <br />known to me to be the person_ described in and whose name_ is _ subscribed <br />to and who executed the within instrument and acknowledged tc me that— <br />executed the same. <br />Notary Public and for said Cciinty and <br />P. L. Campbell Stlate <br />My Commission ixpiresz_Qpt,_14, 1962 <br />a <br />l� <br />r� <br />r <br />