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HomeMy WebLinkAboutDeed of OptionDEED OF OPTION TO PURCHASE FOR RECORDING - 1 DEED OF OPTION TO PURCHASE FOR RECORDING THIS INDENTURE is made on this ____ day of _______________, 2002, by and between ____________________________________________________________, hereinafter referred to as the Grantor, and THE CITY OF MERIDIAN, IDAHO, hereinafter referred to as the Grantee. W I T N E S S E T H: WHEREAS, Grantor, for good and valuable consideration, the receipt whereof is hereby acknowledged, does by the presents grants, transfers and confirms unto the Grantee, its successors and assigns, the following interest in real property situated in the County of Ada, State of Idaho, to-wit: An option to purchase that property shown and described in Exhibit A attached hereto and, by this reference, incorporated herein as if set forth in full. This term of the option to purchase commences on _____________________, 2002, and extends through midnight of _____________________, 2003, at which time, the option to purchase terminates. IN WITNESS WHEREOF, the parties execute this Deed of Option to Purchase for Recording on the date first above written. “Grantor” THE CITY OF MERIDIAN, IDAHO By: Robert D. Corrie, Mayor Attest: William G. Berg, Jr. – City Clerk “Grantee” STATE OF IDAHO ) DEED OF OPTION TO PURCHASE FOR RECORDING - 2 :ss County of Ada ) On this _____ day of __________________, 2002 before me, ________________________, a Notary Public, personally appeared __________________ __________________________________________________________________________ __ ________________________________________________________, known or identified to me to be the person(s) whose name(s) is (are) subscribed to the within instrument, and acknowledged to me that he (she) (they) executed the same. Notary Public for Idaho (SEAL) Commission expires: STATE OF IDAHO ) :ss County of Ada ) On this _____ day of ______________________, 2002, before me, the undersigned, a Notary Public, personally appeared Robert D. Corrie and William G. Berg, Jr., the Mayor and the City Clerk, respectively, of THE CITY OF MERIDIAN, IDAHO, known or identified to me to be the persons whose names are subscribed to the within instrument, and acknowledged to me that they executed the same. Notary Public for Idaho (SEAL) Commission expires ja/Z:\Work\M\Meridian\Borup Transaction\meridianborupdeedofoption.doc