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O P T I O N <br />IN CONSIDERATION OF _ TEN AND N0/100----------- ($-10.00 — — —)— DOLLARS, <br />THE RECEIPT WHEREOF IS HEREBY ACKNOWLEDGED, I HEREBY GIVE TO _ The CITY OF — — — <br />SAN LEANIPOL A Mh ntcipaZ Corporation — — — — — — — — — — HEREINAFTER REFERRED <br />TO AS OPTIONEE, THE OPTION OF BUYING, FOR THE FULL PRICE OF _ — TWO THOUSAND — _ <br />— FOUR HUNDRED SEVElyTY FIVE AND I10/100 _ _ _ _ _ _ ($— 25 475_ 00 _ )— <br />DOLLARS <br />THE FOLLOWING DESCRIBED REAL PROPERTY SITUATED IN THE CITY OF San 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 />— _ 90 dg8 — _ — _ FROM DATE HEREOF, AND I AGREE TO EXECUTE AND DELIVER TO <br />OPTIONEE, OR TO ANY ONE NAMED BY OPTIONEE, A GOOD AND SUFFICIE14T GRANT DEED. ON <br />EXECUTION OF SAID DEED I AM TO BE PAID THE FURTHER SUM OF TWO THOUSAND FOUR <br />— dHUNDRED SIXTY FIVE AND N0/100_ _ _ ($ 2,465.00 — ) — DOLLARS, IN FULL PAYMENT <br />OF THE PURCHASE PRICE OF SAID REAL PROPERTY: BUT IF SAID OPTION IS NOT CLOSED <br />WITHIN — _ — 90 days — _ — FROM DATE HEREOF, I AM TO RETAIN THE SAID SUM OF <br />_ TEN AND NO/100_ _($ 10_00 _ _ ) DOLLARS, SO PAID AS AFORESAID, AS LIQUIDATED <br />DAMAGES. IF SAID OPTION IS CLOSED WITHIN THE SAID _ _ — 90 days — — — — --p 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 2ndDAY OF _ May_-----__— 19 —79 <br />STATE OF CALIFORNIA) <br />COUNTY OF ALAMEDA ) SS <br />ON THIS _ — — _ DAY OF _ _ — _ — — _ _ _ — _ _ 19_ — J BEFORE ME, THE UNDERSIGNED <br />NOTARY 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 TO ME THAT — — _ _ — — <br />EXECUTED THE SAME. <br />--------------------- <br />NOTARY PUBLIC IN AND FOR SAID COUNTY AND STATE <br />