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I <br /> 2 . Grantee shall have the right , but not the obligation , <br /> to improve said real property for public park use and thereafter <br /> maintain same , either in its own capacity or by a designee . <br /> 3 . Grantee shall hold such said real property for public <br /> park purposes and shall not sell , convey or otherwise transfer <br /> title thereto nor use or permit the use of such laird for any other <br /> purpose . <br /> In the event any or all of the conditions subsequent set <br /> forth in aragraphs 1 or 3 are breached , said real property , and 23 p <br /> all thereof , shall , at the election of Grantor , immediately revert <br /> to and vest in Grantor , its successors or assigns . OD <br /> Dated : .j ' L-1 2-- , 1987 <br /> REDWOOD SHORES , INC . <br /> ,; <br /> By : <br /> A . St . M . Slater <br /> Vice President <br /> By : ►, CaL. <br /> �. <br /> J : es B . Ekins <br /> As istant Secretary <br />