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=S=> BGB 1188. 1 For the creation of a mortgage for a claim based on a bearer bond , a declaration of the owner to the Land Registry that he is creating the mortgage and registration in the Land Register are sufficient ; the provision of section 878 applies .
=S=> BGB 1188. 2 The exclusion of the right of the creditor in accordance with section 1170 is permitted only if the presentation period named in section 801 has expired . If , within the period , the bond is presented or the claim based on the document has been asserted in court , the exclusion may not take place until the limitation period has expired .
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