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MEMORANDUM OF OPTION TO PURCHASE <br /> THIS MEMORANDUM WITNESSETH that DAVID B. BROWN and ANGELA M. <br /> BROWN,as SELLERS and THE CITY OF DECATUR,ILLINOIS, an Illinois municipal <br /> corporation,as BUYER,have entered into an Option for the sale and purchase of the following <br /> described premises situated in Macon County, Illinois,to-wit: <br /> Lots Two(2), Three(3),Four(4),Five(5),Six (6), Seven(7)and Eighteen(18)in <br /> Block 5 of Morningside Place, an Addition to the City of Decatur, Illinois as per <br /> Plat recorded in Book 646, Page 292, of the Records in the Recorder's Office of <br /> Macon County, Illinois. Situated in Macon County, Illinois, <br /> Commonly known as 3550 E.Chestnut Ave.,Decatur,IL. Said Option is dated 16f/--day of <br /> April,2021,for a term from said date and terminating July 30,2021 and has been signed by the <br /> Parties. Buyer shall have the right to purchase said premises during the said term under the <br /> provisions of the Option. Sellers and Buyer acknowledge that if said term has expired and notice <br /> to exercise the Option has not been provided as per the Option, it shall constitute conclusive <br /> evidence of the cancellation of the Agreement and release of the Buyer's then interest in the <br /> premises to the Seller. <br /> Dated this 16 vday of April,2021. <br /> SELLERS: BUYER: <br /> DAVID B. BROWN CITY OF DECATUR, ILLINOIS <br /> BY: , <br /> Scot Wrighton,City Manager <br /> ANGELA M. BROWN <br />