Article 343. Maintenance and preservation of fixed property

1. Unless otherwise provided by law or by contract, the pledgeor or pledge holder, depending on which of them has the fixed property (art. 338), is obliged: (1) to provide risk insurance. Loss and damage from the pledge is not less than the amount of the secured claim; (2) use and dispose of the encumbered property in accordance with the law 346 of the present Code; 3) Not to engage in acts that may result in the loss or reduction of the value of the property in question and to take the necessary measures to ensure the preservation of the property (c) Take the necessary measures to protect the property in question from attacks and claims by third parties; (5) notify the other party immediately of the occurrence of the offence; 2. The custodian and the grantor have the right to verify that the property has been violated by third parties. on documents and actual availability, quantity, condition and conditions of storage of the property held by the other party, without undue interference with lawful use 3. In the event of a gross breach by the pledge holder or the pledgeor of the obligations referred to in paragraph 1 of this article, which endangers the loss or damage of the property in question, The landlord is entitled to demand the early termination of the pledge and the pledge holder to seek early performance of the pledge and, if the pledge is not paid, to apply for a mortgage Real property.