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85 --.002 <br />917 <br />of the lease between optionors and optionee, optionors have <br />agreed to grant to optionee an option to purchase the subject <br />property on the terms and conditions as hereinafter set forth. <br />NOW, THEREFORE, the parties hereto agree as follows: <br />2. GRANT OF OPTION: In consideration for the <br />optionee's execution and performance of the lease agreement <br />for the subject property owned by optionors, optionors hereby <br />grant to optionee the exclusive right and option to purchase <br />the subject property at any time during the period from <br />January 1, 1991 to December 31, 1991. <br />3. MANNER OF EXERCISE: Optionee may exercise <br />the option granted herein by giving optionors written notice <br />of exercise during the period of the option term specified <br />in paragraph 2, above, but before December 1, 1991. Said <br />notice shall designate a responsible escrow agent to consummate <br />the sale transaction on the terms hereinafter described. <br />Said notice shall be personally delivered to optionors or <br />mailed 111 the United States mail, postage prepaid, certified <br />or registered mail, return receipt requested, to optionors <br />at the following address: <br />th 0& .s <br />_&a, <br />with a copy to: <br />Lucas Valley Realty <br />4174 Redwood Highway <br />San Rafael, California 94903 <br />2. <br />L <br />