the plc we cqa;d in the wnount of é•s pgr:Um obii#r4iu.a, inte.•cst md in s case.

c. Th caiiuma ot phte o.d pt iucipal ob!iy.oNcunmt of man shell be e*4inguis1iod if the proceeds of

proce*di ofi'tc sale a•* eqn».1 n› d-,r *inouni of iiu principd ohligeti n, i»t*r*e *tid exp •o in s

b. The cnxliuor-plNitee '›t,alI zl•vn}i t'e clii:iul t.n tire excess.

c. The creditor-p*cdpe sh.all be en:itl*d to th• exoes* unless M is *ii agmart te tlia coifmry.
d. The debtor-pledgor stool H»•vs te cnlul•N •o the e:u:eds.

Page 7 of 20
5$ If the ptoc*edi of the salt of the m# pledged in coNmtiooai pl*dg* iz & their the *egiunt of die obli wfiicb of
thr following st*itmeots is trat?
< Tire dtbtor-pkdgor slull aiwiyi pcy for the dafter
b The crediior•pledgee cannot recover the deficiency even if stipulated
c. The creditor-pledged can over ‹fefi*ien*y only if siipul4led.