Deed - Callan Ave, widening - File 751, 1970

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0PTI0-N In consideration of TEN AND N0/100-------------- ($ 10.00 )DOLLARS, THE RECEIPT WiiERLOF ?S HERPLY ACITOWLE110En, I F..rRrl3Y GIVE TO The CITY OF SAN LEANDRO, a MunicipaZ Corporation— — — — — - — — - — — _ — HEREINAFTER REFERRED TO AS OPTIONEE, THE OPTION OF BUYING, FCR THE FULL PRICE OF FIVE THOUSAND FIVE HUNDRED SEVENTY TWO AND N0/100----------------------- ($5 572.00— )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 dazes — — — 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 Fl-vL THQU 4Vp — HUNDRED SIXTY TWO AND N0/100---------- (a 5.562.00 — ——MLLARS, IN FULL PAYMENT OF THE PURCHASE PRICE OF SAID PEAL PROPERTY: BUT IF SAID OPTION IS NOT CLOSED WITHIN— 90 daUs — — — — — FROM DATE HEREOF, I AN TO RETAIN THE SAID SUM OF TEN AND 10/100 0_10.00 — _ —) DOLLARS, SO PAID AS AFORESAID, AS LIQUIDATED DAMAGES. IF SAID OPTION IS CLOSED WITH THE SAID — — — 20 -day&- — — — —, THE AMOUNT PAID AS AFORESAID IS TO BE APFLIED TOWARDS THE PURCHASE PRICE. TIME IS OF THE ESSENCE OF THIS CONTRACT. DATED THIS �y�-- DAY OF 11-2 Stateof California ) County of Alameda ) ss On this — — — — day of — — — — — — — ]9 _, before me, the undersigned Notary Public,— persorially appeared — Known to me to be the person described in and whose name _ _ — _ subscribed to and who executed. the �ri.tbin i_ristru-meat and aaknowledged to methat — — — — executed the same. Notary Public in and for said County and State — Notary Veme'T :ed------------ My Commission Expires:__ —