Common use of Escrow Custodial Account Clause in Contracts

Escrow Custodial Account. An account that the Issuer maintains with a financial institution for the deposit of escrowed funds to be used to pay taxes, insurance premiums, and any other amounts due under the Mortgages.

Appears in 8 contracts

Samples: Guaranty Agreement Ginnie Mae Ii, Guaranty Agreement, Guaranty Agreement

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Escrow Custodial Account. An account that the Issuer maintains with a financial institution for the deposit of escrowed funds to be used to pay taxes, insurance premiums, and any other amounts due under the MortgagesMortgages or any federal requirement.

Appears in 1 contract

Samples: Guaranty Agreement

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Escrow Custodial Account. An account that the Issuer maintains with a financial institution for the deposit of escrowed funds to be used to pay taxes, insurance premiums, and any other amounts due under the MortgagesMortgage or any federal requirement.

Appears in 1 contract

Samples: Guaranty Agreement

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