Fill and Sign the Title 5 Lands Division Department of Justice Form

STATE OF ALABAMA OPTION TO PURCHASE REAL PROPERTY COUNTY OF _________________ IN CONSIDERATION of the sum of $_______, the receipt whereof is hereby acknowledged, I/we, the undersigned, _____________________________________, hereby give and grant unto ___________________________________________, his/her/their heirs and assigns, the option to purchase for the price of $_______, the following described real property, viz: Real property described in Exhibit A, which is attached hereto and incorporated herein by reference. The Grantee, his/her/their heirs and assigns, shall have the right to exercise this option to purchase at any time within ________ days from the date hereof, and Grantor agrees that on tender of the total purchase price, against which shall be credited the amount paid herewith, he/she/they will execute and deliver to _________________________________, his/her/their heirs or assigns, a general warranty deed conveying full fee simple title to the said property, free and clear of all liens, claims and encumbrances.Failure on the part of grantee, his/her/their heirs or assigns, to exercise his/her/their right hereunder within the time set forth herein shall forfeit all his/her/their rights under this option, and the same shall be null and void and the consideration paid therefor shall be retained by grantors.IN WITNESS WHEREOF, I/we have hereunto set hand(s) and seal(s) on this _____day of ___________________ ___________. _____________________________(SEAL)_____________________________(SEAL)