Bail may be substituted, without additional premium being charged, by the defendant or bondsman, at any time before a breach of the undertaking, by substituting any other proper and sufficient bond of like value as provided herein. The official taking the new bail shall make an order as follows: 1. Where money had been deposited, that the money be refunded to the person depositing the same; and 2. Where property had been pledged, that a certificate of discharge be issued and the lien previously filed be released . The original undertakings of whatever nature shall be canceled and the new undertaking shall be substituted therefor.
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