Notice of such sale shall be given by posting notices thereof in 2 or more public places in the town where the property is stored, 14 days at least before the sale, and, if the value of the aircraft or aircraft component exceeds $100, by publishing the notice in a newspaper of local circulation. If the last place of abode of the owner of such aircraft or aircraft component is known to, or may be ascertained by, such custodian or manager by the exercise of reasonable diligence, a notice of the time and place of said sale shall be given said owner by registered mail, at least 14 days prior to said sale.
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