Terms Used In Louisiana Revised Statutes 33:3309

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.

           The certificates shall be signed by the chief executive officer of the municipality and by its clerk or secretary, on behalf of and in the name of the municipality and under the seal thereof. The interest coupons shall be signed with the facsimile signature of the said officers, and before delivery, shall be registered in the mortgage record of the parish in which the municipality is located as to the serial number, or numbers, amount, rate of interest, dates due, and streets, roads, or alleys, or parts thereof improved. Each of the certificates shall bear the following endorsement:

           “This certificate registered in the Mortgage Records of the Parish of __________ on this the _____ day of _______________, 20___.

_______________________________

Clerk of Court and Ex-Officio

Recorder of Mortgages,

Parish of _________________”