Deed - 575 Marina Blvd - File 826, 1972

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O P T I O N In consideration of _ TEN and N Z100 _ _ _ _ _ _ ($_10', 00 _ _) DOLLARS, THE RECEIPT WHEREOF IS HEREBY ACKNOWLEDGED, I HEREBY GIVE TO The Cc►� _ _ aL Save Leandl o, a VWr c t g Canpangtion— — _ _ — _ _ _ HEREINAFTER REFERRED TO AS OPTIONEE, THE OPTION OF BUYING, FOR THE FULL PRICE OF -------------- FORTY THOUSAND AND NOL100 _ _ _ _ ------------ _ ($_ 40 000.00 _ ) DOLLARS, THE FOLLOWING DESCRIBED REAL PROPERTY SITUATED IN THE CITY OF —San Lgggctao COUNTY OF A ameda_ _ _ _ STATE OF CALIFORNIA, AND MORE PARTICULARLY DESCRIBED AS FOLLOWS, TO WIT: —------------------————— --------------------------------------- ------------------------------------- -- OPTIONEE SHALL HAVE THE RIGHT TO CLOSE THIS APPLICATION AT ANY TIME WITHIN _ Six dacj6_(60L 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 THIRTY-NINE THOUSAND NINE HUNDRED NINETY Na/100($ 39 990.00 ) DOLLARS, IN FULL PAYMENT OF THE PURCHASE PRICE OF SAID REAL PROPERTY: BUT IF SAID OPTION IS NOT CLOSED WITHIN _ S—ix_tcl dam J60L FROM DATE HEREOF, I AM TO RETAIN THE SAID SUM OF TEN AND NOj 100 i$ 10.00 ) DOLLARS, SO PAID AS AFORESAID, AS LIQUIDATED DAMAGES. IF SAID OPTION IS CLOSED WITH THE SAID _ S�wtdc da�a_(60) _ —, THE AMOUNT PAID AS AFORESAID IS TO BE APPLIED TOWARDS THE PURCHASE PRICE. TIME IS OF THE ESSENCE OF THIS CONTRACT. DATED THIS 14xh DAY OF June , 1972 State of California) County of Alameda ) ss On this — — _ day of _ — — — _ — — _ 19_ — —, before me, the undersigned Notary Public,— personally appeared Known to me to be the person described in and whose name _ _ _ _ _ _ _ subscribed to and who executed the within instrument and acknowledged to me that — — _ — _ executed the same. otaryub Plic i Nn and for said County and State