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0 P T I O N <br />In consideration of tducc Ten Dollars ($10.00 ) <br />The receipt whereof is hereby acknowledged, I hereby gi-e co _City, of_San Leandro <br />_ A '_micipal Corporation _ _ _ _ _ _ _ _ _ _ _ ._ _ _ _ _ herei after referred <br />to as Optionee, the option of buying, for the full price of Thirty One Thousand <br />dive _Iundred and ne/100 _ _ _ _ _ r _ _ M _ + _ _($_ _ 31s500.00 _ _)DOLLARS, <br />the following described real property situated in the City of 5,-ji Leandro <br />County of _ Alameda _ _ State of California, and more particularly <br />described as follows, to wit: _—_—_— _____________ <br />Optionee shall have the right to close this application at any time within <br />30 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 Thirty (hie T}ioWW1j _ <br />_ Four liundred_iinety. and no/100_ _ _($ 31 490.00_ _ _) DOLLARS, in full payment <br />of the purchase price of said real property; but if said option is not closed <br />within thirty from date hereof, I am to retain the said sum of <br />Ten and no110M_ 10.00 _ _ _)DOLLARS, so paid as aforesaid, as liquidated <br />damages. If said Option is closed within the said _ _ _ t;1ir_ _ _, s _, 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 _1_0ti:_ day of January_ _ _ _ _, 19 61. <br />State of California ) ss <br />County of Alameda ) <br />On this _ _ _ day of _ _ _ _ _ _ _19_ , before me, the undersigned Notary <br />Public, personally appeared <br />known to me to be the person_ described in and whose name_ _ subscribed <br />to and who executed the within instrument and acknowledged tc me that_ <br />executed the same. <br />Notary Public in and for said County and <br />State <br />My Commission Expires:_ _ _ _ _ _ _ _ _ <br />