Section 7--210. Enforcement of Warehouseman's Lien

(1) Except as provided in subsection (2), a warehouseman's lien may be
  enforced  by  public or private sale of the goods in bloc or in parcels,
  at any time or place and on any terms which are commercially reasonable,
  after notifying all persons known to claim an  interest  in  the  goods.
  Such notification must include a statement of the amount due, the nature
  of  the  proposed  sale  and the time and place of any public sale, and,
  unless the goods are perishable  or  threaten  to  decline  speedily  in
  value,  it shall state that any person claiming an interest in the goods
  is entitled to bring a proceeding under section 7-211 within ten days of
  the service of the notice if he disputes the validity of the lien or the
  amount claimed. The fact that a better price could have been obtained by
  a sale at a different time or in a different method from  that  selected
  by  the  warehouseman  is not of itself sufficient to establish that the
  sale  was  not  made  in  a  commercially  reasonable  manner.  If   the
  warehouseman  either  sells  the  goods  in  the  usual  manner  in  any
  recognized market therefor, or if he sells at the price current in  such
  market  at  the  time  of  his  sale,  or  if  he  has otherwise sold in
  conformity with commercially reasonable practices among dealers  in  the
  type  of  goods sold, he has sold in a commercially reasonable manner. A
  sale of more goods than apparently necessary to  be  offered  to  insure
  satisfaction  of the obligation is not commercially reasonable except in
  cases covered by the preceding sentence.
    (2) A warehouseman's lien on  goods  other  than  goods  stored  by  a
  merchant in the course of his business may be enforced only as follows:
         (a) All  persons  known to claim an interest in the goods must be
             notified.
         (b) The notification must be  delivered  in  person  or  sent  by
             registered  or  certified letter to the last known address of
             any person to be notified.
         (c)  The notification must include an itemized statement  of  the
             claim,  a  description  of  the  goods subject to the lien, a
             demand for payment within a specified time not less than  ten
             days   after  receipt  of  the  notification,  a  conspicuous
             statement that unless the claim is paid within that time  the
             goods  will  be  advertised for sale and sold by auction at a
             specified time and place, and a  statement  that  any  person
             claiming  an  interest  in  the  goods is entitled to bring a
             proceeding under section 7-211 within ten days of the service
             of the notice if he disputes the validity of the lien or  the
             amount claimed.
         (d) The sale must conform to the terms of the notification.
         (e) The  sale  must be held at the nearest suitable place to that
             where the goods are held or stored.
         (f) After the expiration of the time given in  the  notification,
             an  advertisement  of  the sale must be published once a week
             for  two  weeks  consecutively  in  a  newspaper  of  general
             circulation  where  the sale is to be held. The advertisement
             must include a description of the  goods,  the  name  of  the
             person on whose account they are being held, and the time and
             place  of the sale. The sale must take place at least fifteen
             days after the first publication. If there is no newspaper of
             general circulation  where  the  sale  is  to  be  held,  the
             advertisement  must  be  posted  at least ten days before the
             sale  in  not  less  than  six  conspicuous  places  in   the
             neighborhood of the proposed sale.
    (3)  Before  any  sale  pursuant to this section any person claiming a
  right in the goods may pay the amount necessary to satisfy the lien  and

  the  reasonable  expenses incurred under this section. In that event the
  goods must not be sold, but must be retained by the warehouseman subject
  to the terms of the receipt and this Article.
    (4)  The  warehouseman  may  buy  at  any public sale pursuant to this
  section.
    (5)  A  purchaser  in  good  faith  of  goods  sold   to   enforce   a
  warehouseman's  lien  takes  the  goods  free  of  any rights of persons
  against  whom  the  lien  was  valid,  despite  noncompliance   by   the
  warehouseman with the requirements of this section.
    (6)  The  warehouseman  may  satisfy his lien from the proceeds of any
  sale pursuant to this section but must hold the  balance,  if  any,  for
  delivery  on  demand  to  any person to whom he would have been bound to
  deliver the goods.
    (7) The rights provided by this section shall be in  addition  to  all
  other rights allowed by law to a creditor against his debtor.
    (8) Where a lien is on goods stored by a merchant in the course of his
  business  the  lien may be enforced in accordance with either subsection
  (1) or (2).
    (9) The warehouseman is liable for damages caused by failure to comply
  with the requirements for sale under this section and in case of willful
  violation is liable for conversion.