In all cases where the owner of real property has, in compliance with the law, executed his promissory notes as evidence of deferred payments on municipal improvements, including street or sidewalk paving, and the notes are matured or are made payable on or before a certain date, he may pay to the tax collector of the municipality the amount for which the remaining unpaid notes were executed, together with the interest thereon up to and including the date of payment.
La. R.S. § 33:4691