Multiple Indebtedness Mortgage Form For East Feliciana La

Louisiana Mortgage Cancellation Instrument
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Description what is a multiple indebtedness mortgage

This is an example of a Mortgage Cancellation Instrument pursuant to La. R.S. SS9:5556(A). This document is used for the cancellation of a Multiple Indebtedness Mortgage or Home Equity Mortgage. It is a standard form used by banks, and must be notarized and recorded by the parish Clerk of Court. After a mortgage has been paid off, it is important that the mortgage be cancelled, to prevent the borrower from being adversely affected.

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