Common use of The Escrow Account Clause in Contracts

The Escrow Account. If the Loan will be disbursed from an Escrow Account, all interest on the Account will be paid to me. If Lender is a depository institution that offers Escrow Accounts, the Account must be with Lender.

Appears in 22 contracts

Sources: Renovation Loan Agreement, Renovation Loan Agreement, Renovation Loan Agreement