Deed - 1241 Pearson Ave, easement - File 1160, 1985

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O P T I O N IN CONSIDERATION OF — — — — — — — TEN--- _ _ ($ 10.00 — — —)_ DOLLARS, THE RECEIPT WHEREOF IS HEREBY ACKNOWLEDGED, I HEREBY GIVE TO — CITY OF_ SAN LEANDRO HEREINAFTER REFERRED TO AS OPTIONEE, THE OPTION OF BUYING, FOR THE FULL PRICE OF TWO —HUNDRED FIFTY & NO/100--------------------------- E$-250. 00 — —)— DOLLARS, THE FOLLOWING DESCRIBED REAL PROPERTY SITUATED IN THE CITY OF SAN LEANDRO COUNTY OF — — ALAMEDA — — STATE OF CALIFORNIA, AND MORE PARTICULARLY DESCRIBED AS FOLLOWS, IO 1dI?;—1241—PEARSON AVENUE, AN EASEMENT —AS — — — PER EXHIBIT A AND 1 GUAVA TREE. ---------------------------------------- OPTIONEE SHALL HAVE THE kIGHT TO CLOSE THIS APPLICATION AT ANY TIME WITHIN — _ — — — — — — — — FROM DATE HEREOF, AND I AGREE TO EXECUTE AND DELIVER TO OPTIONLL, OR TO ANY ONE NAMED BY OPTIONEE, A GOOD AND SUFFICIENT GRANT DEED,, ON EXECUTION OF SAID DEED I AM TO BE PAID THE FURTHER SUM OF TWO HU N DRE p FORTY-------------------------.($ 240.00 ) DOLLARS IN FULL PAYMENT ----------------------------- OF THE PURCHASE PRICE OF SAID REAL PROPERTY: BUT IF SAID OPTION IS NOT CLOSED WITHIN — ip—Qjx y.S — — — — — FROM DATE HEREOF, I AM TO RETAIN THE SAID SUM OF _ _TL-N— — — — — — —($ a ALL _) DOLLARS, SO PAID AS AFORESAID, AS LIQUIDATED DAMAGES. IF SAID OPTION IS CLOSED WITHIN THE SAID — 30—DAYS— — — — _ — J TI1E AMOUNT PAID AS AFORESAID IS TO BE APPLIED TOWARDS THE PURCHASE PRICE TIME IS OF THE ESSENCE OF THIS CONTRACT. DATED THIS 7TH DAY OF SEPTEMBER 19 85 ----------------- STATE OF CALIFORNIA) COUNTY OF ALAMEDA ) SS OtJ THIS _— DAY OF BEFORE ME, THE UNDERSIGNED 140TARY PUBLIC, PERSONALLY APPEARED KNOWN TO ME TO BE THE PERSON DESCRIBED IN AND WHOSE NAME _ _ 15 _ _ _ SUBSCRIBED TO AND WHO EXECUTED THE WITHIN INSTRUMENT AND ACKNOWLEDGED T.0 HAT _ _ _ _ EXECUTED THE SAME. i' .1 �_ OFFICIAL SEAL HENRY P. DEADRICH m.� NOTARY PUBLIC- CALIFORNIA ALAMEI COUNTY My Comn. Expires April 9,1986 TY AND STATE