Deed - Marina Blvd - File 761, 1970 pt1

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1 16� . O P T I O N In consideration of TEN AND NO/Z00--------------- ($10 _00 _ )DOLLARS, THE THE RECEIPT WHER ,OF TS 74ERPLY AC!TOWLEDGED I T_ HrREBY GIVE TO —The CITY OF ,24iV LEANDRO �z Munic�aZ Corporation_ _ _ _ _ _ _ _ ._ _ H REINAFTER REFERRED TO AS OPTION£E, THE OPTION OF FUYTNG, FCR THE FULL PRICE OF TWO THOUSAND FIVE _ jjj 0AYQ ARL PJOLI00_ _ _ _ _ _ _ _ _ _($2, 500. 00 )DOLLARS, THE FOLLOWING DESCRIBED REFL PRO?ER':Y SITUATED IN THE CITY OF SAN LEANDRO COUNTY OF _ _ AZ076da _ _ , _, STATE OF CALIFORN?A, AND MORE PARTICULARLY DESCRIBED AS FOLLOWS, TO WIT: OPTIONEE SHALL HAVE THE RIGHT TO CLOSE THIS APPLICATION AT ANY TIME WITHIN FROM DATE HEREO", AND I AGREE TO EXECUTE AND DELIVER TO OPTIONEE, OR TO ANY ONE NAMED PY OPTIONEE, A GOOD AND SUFFICIENT GRANT DEED. ON EXECUTION OF SAID DEED I AM TO BE PAID THE FURTHER SUM OF TWO THOUSAND FOUR HUNDRED —IJZET-Y A11112 1y0�1f10= _ _ _ _ - _ -- 5 2, 490. 00 _ _ _)rOLLARS , IN FULL PAYMENT OF THE PURCHASE PRICE OF SAID REAL PROPERTY: BUT IF SATD OPTION IS NOT CLOSED WITHIN_ _90 dais _ _ _ FROM DRTE HEREOF, I At'. TO RETAIN THE SAID SUM OF _TEN AND NO/100 _ _-($10_00 r _ _) DOLLARS, SO PAID AS AFORESAID, AS LIQUIDATED DAMAGES. IF SAID OPTION IS CLOSED WITH THE SAID 90 days THE AMOUNT PAID AS AFORESAID IS TO BE APFLIED TOWARDS THE PURCHASE PRICE. TIME IS OF THE ESSENCE OF THIS CONTRACT.T- ---1eLL 'Ec)tTkA 06 cc!%s.l `rJ 0ffC(oaor-L7 DATED THIS _ _4th r DAY OF —Agyst , _ _ _ _ _+ 19 70 Stateof California ) County of Alameda ) ss On this _ _ _day of _ _ _ _ _ _ _ _]9_ _ _, 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 wi_tLi:, instrument and acknowledged to me that _ _ _ _ executed the same. Notary Public in and for said County and State Notary -dame Typed ^ — My Commission Expires:__ . _ _ ` _ _ _ _ _.