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C <br />OPTION <br />In Consideration of Two Hundred ($200-00) DOLLARS, <br />the receipt whereof is hereby acknowledged, I hereby give to <br />The City of San Leandro, hereinafter referred to as optionee, <br />the option of buying, for the full price of Two Hundred Fifty <br />Thousand ($250,000.00) dollars, less the amount of bonds and <br />assessments for street improvements on Assessor's Parcel #75- <br />(., t & A%-t. n v 1 ) * N 7 .r c -( j•,v -fit }-t tH E- c 1 a s e E --) c (r L-J <br />94* 36-18 wand Assessor's Parcel #75-36-19 <br />cam• Cam, LIZ, LS 'p H , #.:) c . i. i c o ► t c 46 4c Eaf c (c> s P of .% c s, _,,,,, , <br />w4ir 8, the following described real property <br />situated in the city of San Leandro, county of Alameda, <br />State of California, and more particularly described as <br />follows, To Wit: <br />1127 & 1137 Carpentier Str..ee.t, San Leandro <br />optionee shall have the right to close this application <br />at any time by December 31, 1986 from date hereof., and I <br />agree to execute and deliver to optionee, or to any one <br />named by Optionee, a good and sufficient Grant Deed. On <br />execution of said deed I am to be paid the further sum of <br />Two Hundred Forty Nine Thousand, Eight Hundred ($249,800.00) <br />Dollars, in full payment of the purchase price of said real <br />property: but if said option is not closed by December 31, <br />1986 I am to retain the said sum of Two Hundred ($200.00) <br />Dollars, so paid as aforesaid, as liquidated damages. If <br />said option is closed within the said Option Period, The <br />amount paid as aforesaid is to be applied towards the <br />purchase price. Time is of the essence of this contract. <br />DATED THIS -1�� , 1986. <br />STATE OF CALIFORNIA) <br />COUNTY OF ALLAMEDA)SS <br />ON • THIS ! DAY OF 19�Ib, BEFORE ME, THE <br />UNDERSIGNED NOTARY PUBLIC, PERSONALLY APPEARED <br />IV <br />KNOWN TO ME TO BE THE PERSON DESCRIBED IN AND WHOSE NAME <br />SUBSCRIBED TO AND WHO EXECUTED THE WITHIN INSTRUMENT AND <br />ACKNOWLEDGED TO ME THAT EXECUTED THE SAME. <br />" _Av� C4:�p Cl��o <br />Nota Pu 1ic in and for t o <br />rr.,.L S7!-,L Said Coun y and State. <br />EN EL <br />i = NOTA -Y PUvLtC - CAU ORNIA <br />f ALN,!lECA COUNTY <br />s <br />My Comm. Expires Sept. 9, 1988 <br />File I-/0 <br />7s,34-4 <br />0 <br />