RS 9:5142

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A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

RS 9:5142

§5142. Parish wherein state capitol is located, special mortgages

In the parish wherein the state capitol is located in the inscription of special mortgages on real estate, including building and loan and homestead association mortgages and federal savings and loan association mortgages, but excluding railroad mortgages, it shall be sufficient to inscribe the following:

(1)The date of execution;

(2)The name and domicile of the notary, if an authentic act;

(3)The full appearance of the mortgagor, giving his name, marital status and residence;

(4)The name of the mortgagee;

(5)The amount of the mortgage and a concise statement of the payments;

(6)Complete description of the mortgaged property with its acquisition by the mortgagor, if stated in the act;

(7)The following clause shall be inserted in the inscription of the act by the recorder, "For the balance of this act see the original (recorded as Original __________ Bundle __________)"

(8)The closing paragraph of the mortgage;

(9)Copy of the signatures of the parties as signed to the act, including the names of the witnesses and the name of the notary as written in the act.

Acts 1950, No. 279, §1.