Louisiana Notary Vocabulary with Complete Solutions

Louisiana Notary Vocabulary with Complete Solutions Louisiana Notary Vocabulary with Complete Solutions Louisiana Notary Vocabulary with Complete Solutions Louisiana Notary Vocabulary with Complete Solutions Abstract - ANSWER-An abstract is a history of the title to property as revealed by the public records. Acceleration clause - ANSWER-Clause used in an installment note and mortgage which gives the lender the right to demand payment in full upon the happening of a certain event, such as failure to pay an installment by a certain date, change of ownership without the lender's consent, destruction of the property, or other event in which endangers the security of the loan. Accessory contract - ANSWER-A contract is necessary when it is made to provide security for the performance of an obligation. Suretyship, mortgage, pledge, and other