In consideration of this agreement, I hereby grant and give to _________ of _________, _________ and h— assigns, the sole and exclusive right and option for the period of _________ days from this date, to sell for us the following-described real estate in _________ County, _________: Lot No. _________ in _________ at and upon the following terms and conditions: $_____ cash. $_____ of the consideration to be deducted and paid to _________[broker]. Any purchaser under this option is by this agreement authorized and directed to deduct $_____ from the amount due us and pay to _________ for h— services.

In the event that this option is exercised within the agreed time, I obligate myself to furnish a full and complete abstract of title to the real estate, exhibiting in me a good and indefeasible estate in fee simple, free and clear of incumbrance except taxes for the year _________, payable in _________[year], and to execute and deliver a general warranty deed in fee simple for the premises, contemporaneous with the payment of the purchase price, subject to the following incumbrances: _________ assessment for sewer in alley. This option to be effective must be exercised in writing indorsed on its face, and by a written notice addressed and mailed to me at the following address, _________, and in the event the same is so exercised, I agree to furnish the abstract and tender the deed within _________ days from the date the option is exercised.