Louisiana Revised Statutes 9:3003 – Notes or bonds to be identified with sales
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Terms Used In Louisiana Revised Statutes 9:3003
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
On the registering of proces verbals of sales in the office of the recorder or register of conveyances of the parish where the property so adjudicated may be situated, the recorder or register shall be authorized to identify with the sales the notes or bonds received, by his paraph, in order that he may cancel the mortgage when they shall have been paid.