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0 P T I O N <br />In cons4deration of TEN AND N011O0--------------- ( 10.00 ) DOLLARS, <br />The receipt whereof is h,�rebv acknowledbed, I hereby give to _ The CITY OF SAN <br />LEANDRO. a Municipal Co72ration — — — _ _ _ +_ —, hereinafter referred <br />to as Optionee, the option of buying, for the full price of —TWO THOUSAND NINE <br />HUNDRED EIGHTY SEVEN AND 50/100--------------------- (' 29987.50 )DOLLARS, <br />----------------------------- --------- <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 wit:_ ' �• �1iL =��r <br />---------------------------------------- <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 —TWO—THOUSAND NINE <br />HUNDRED —SEVENTY—SEVEN AND 50/100 _ _-_($_ _2s977.50 _ _) DOLLARS, in fuli payment <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 />TEN AND NO/100 _ _ _ _( 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 _ day of <br />-------------------- <br />- - - - - - - - - - - - - - - - - - - - <br />State of California ) ss <br />County of Alameda ) <br />On this _ — —day of _ _ _ _ _ _ _19 before me, the undersigned Notary <br />Public, person_ally appeared <br />known to me to be the person_ described in and waose name_ _ _ _ subscribed <br />to and who executed the with�il instrument and acknowled ed to me that— <br />executed the same. <br />— — — — — — — — — — — — — — — — — — — <br />No+ar;� Pub1 .c ?n and for said Cc n y- and <br />Sate <br />My Corurissiun Expires — — — — — — — — <br />