In a small saucepan melt butter, oil, garlic, paprika, salt, basil, and parsley until blend. Heat oven to 400 and spread melted herb mixture on sliced bread and bake until the bread is just turning golden remove from oven and layer with mozzarella and parmesan on top.
Place bake in the oven until cheeses are melted and serve warm. Prepared Bread is great served on top of a steaming bowl of French Onion Soup.