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22. As an additional consideration for this Lease, Lessee agrees to <br />pay Lessor all taxes both general and special, levied or assessed <br />upon the land and improvements of which the demised premises form <br />a part. It is understood that Lessor shall immediately upon <br />receipt of the tax bills, submit to Lessee a statement in writing, <br />and Lessee agrees to pay amount of taxes within fifteen days after <br />receiving such statement. <br />23. Lessor grants to Lessee an option to purchase the premises leased <br />hereby at any time on or after August 15, 1966 and extending there- <br />after throughout the term of this lease for the sum of Forty Thou- <br />sand Dollars ($40,000), on condition that ninety (90) days' notice <br />in writing of such exercise of option be given to Lessor. <br />Lessee agrees that the Lessor may request exercise of the above - <br />described option to purchase the property herein demised at any <br />time during the period in which said option provision could be <br />exercised by Lessee upon written notice to Lessee delivered at <br />least ninety (90) days prior to the date at which said option is <br />requested to be exercised. If such request is made by Lessor and <br />the option is not thereafter exercised by Lessee on or prior to <br />the date on which the option is requested to be so exercised, then <br />in that event the option to purchase shall thereupon expire and <br />terminate and shall thence forward be of no force and effect. <br />24. In addition to the provisions of Paragraph 118," Lessee agrees to <br />carry insurance in the minimum amounts of $100,000.00 for injury <br />to one person, $200,000.00 for injury to more than one person, <br />and $5,000.00 property damage, and which said insurance shall <br />designate Lessor as one of the insured persons, and evidence of <br />such insurance coverage shall be furnished Lessor. <br />IN WITNESS WHEREOF the said parties hereto have subscribed their names and affixed their seals, in duplicate, <br />the day and year first hereinabove written. <br />altester?/oro'of <br />v <br />= <br />the City of San Leandro <br />.............................................................................................. .............---.........--------------...................--.........................---..... <br />Lessee <br />U <br />r1l: <br />U.� <br />Lessor <br />