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8601 36-40
8601 36-40
Tbs following azc W obli tions u€tbe & toz•p at, esceyt
a. No pay thr drai and io intotsL with expenses, in e property wheo they are due.
b. To pay' damcrcs tIu. 4.e pledged ma} she.• by rsasoo oftbc Mws of the tfiiag pbdged, idbs was awar•
oFsuch fIe\vs but he d:d not @\’iss tbe pledge oFtbe same.
e. No pa*’ £‹›r the e.spensc• \vfiich ate na•y' for the pzeswzasioo oFtbe thiog pledged.
c. To case th* ale of tie tb£ag pledged at s public saic, if there is a d4ngcr of destruction, impairment or
dmi•u:i»noCv*ueoCd*GWngp!kgmd wi'Nnwdii hulKTh pNdgoiitbouodtosd ñwdspbdgé.
withoui d*lay, or en;. d*r•ger in thr thing pledged.
f. To collut and zccrive the c•cownt dcc if &e 1\ g pIed$’ed is s wbicb becozaes dv bedâ *
m•é, v•‹t tu epgiy fie same to the pajmmt othis claim.
If the ylulye cue or gro‹luccs 6aio, income, divid«mIs, or iotarssts, tic weditor sbatl compsasats wbat
be rai\os with thuse \sbich are oui•6 nim; but .I note arc owing h@ or iomfsr as tbs tmovat a›ay
«xc4a tl \ which is due, bu sluii apply it the igol. pinIcss it.ers is a copuluioo la the coaeary, tia
!’
k To seli the t*.ing pledged i'jx›o detach o* the dc*tor
i. To opprcptizte flue thing 3iedged in casr the think pkdged ii nor sold in fast and second public sections.
j. To Role th automatic owner Or* tLing pledged apea fix default of debtor to pcy the principui