Deed - 1207 Kelly Ave - File 1115, 1984

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O P T I O N IN CONSIDERATION OF _One Hundred and no/_jL0.C$_UQ_._QQ_ — _)— DOLLARS, THE RECEIPT WHEREOF IS HEREBY ACKNOWLEDGED, I HEREBY GIVE TO The City of San Leandro _ _ _ _ _ _ _ _ _ _ _ _ _ _ HEREINAFTER REFERRED TO AS OPTIONEE, THE OPTION OF BUYING, FOR THE FULL PRICE OF _i9b ty Tw II,_ _ — Thousand and n0/100 �$_8,000_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' — Commonly known as 1207 Kelly Avenue— — — San Leandro ---------------------------------------- ---------------------------------------- OPTIONEE SHALL HAVE THE RIGHT TO CLOSE THIS APPLICATION AT ANY TIME WITHIN _ _4.Q _pay,5 _ _ _ _ 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 Eighty One Thousand Nine Hundred and no/100 _ _ _ _ _ _($ 81_900.00) — DOLLARS, IN FULL PAYMENT OF THE PURCHASE PRICE OF SAID REAL PROPERTY: BUT IF SAID OPTION IS NOT CLOSED WITHIN _ 40 DAYS — — _ _ FROM DATE HEREOF, I AM TO RETAIN THE SAID SUM OF One Hundred no/10($ 100_00 — ) DOLLARS, SO PAID AS AFORESAID, AS LIQUIDATED DAMAGES. IF SAID OPTION IS CLOSED-W4-THE-T+iE-SM-D By May 11,_1984_ _ —, THE AMOUNT PAID AS AFORESAID IS TO BE APPLIED TOWARDS THE PURCHASE PRICE. TIME IS OF THE ESSENCE OF THIS CONTRACT. DATED THIS _ �.,�— DAY OF _ _/ J L 19 _——f----------- STATE OF CALIFORNIA) COUNTY OF ALAMEDA ) SS ON THIS _ _ _ _ DAY OF _ _ _ _ _ _ — _ _ _ _ — 19 _ J 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 WITHIN INSTRUMENT AND ACKNOWLEDGED TO ME THAT _ _ — _ — _ EXECUTED THE SAME. --------------------- NOTARY PUBLIC IN AND FOR SAID COUNTY AND STATE