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=S=> BGB 1219. 1 If the imminent spoilage of the pledged item or a substantial decrease of its value that is to be feared jeopardises the security of the pledgee , the pledgee may have the pledged item sold by public auction .
=S=> BGB 1219. 2 The proceeds take the place of the pledged item . Upon demand by the pledgor , the proceeds are to be deposited .
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