1. He can retain the goods pledged until he recovers the debt, interest and other expenses incidental to possession or preservation of the goods.
  2. He cannot retain the goods for debts other than those for which pawn is made.
  3. He is entitled to receive extra-ordinary expenses incurred for the preservation of goods.
  4. If the pawnor makes a default, the pawnee may
    1. Bring a suit upon the debt or promise and
    2. Retain the goods pledged or
    3. Sell the goods by giving a reasonable notice of sale to the pawnor.

If the proceeds of such are less than the amount due in respect of the debt or promise, the pawnor is still liable to pay the balance. If the proceeds of the sale are greater than the amount so due, the pawnee shall pay over the balance to the pawnor.

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