Common use of Deposits to the Replacement Reserve Account Clause in Contracts

Deposits to the Replacement Reserve Account. On the Closing Date, Borrower shall deposit proceeds from the Loan in an amount equal to $0.00 with Lender as an initial deposit to the Replacement Reserve Account. Beginning on the first Payment Due Date and on each Payment Due Date thereafter, Borrower shall pay $3,772.30 (“Monthly Replacement Reserve Deposit”) to Lender as a deposit to the Replacement Reserve Account.

Deposits to the Replacement Reserve Account. On the Closing Date, Borrower shall deposit proceeds from the Loan in an amount equal to $0.00 with Lender as an initial deposit to the Replacement Reserve Account. Beginning Subject to the terms set forth in Section 4.01(h) above, beginning on the first Payment Due Date and on each Payment Due Date thereafter, Borrower shall pay $3,772.30 0.00 (“Monthly Replacement Reserve Deposit”) to Lender as a deposit to the Replacement Reserve Account."

Deposits to the Replacement Reserve Account. On the Closing Date, Borrower shall deposit proceeds from the Loan in an amount equal to $0.00 with Lender as an initial deposit to the Replacement Reserve Account. Beginning Subject to the terms set forth in Section 4.01(h) above, beginning on the first Payment Due Date and on each Payment Due Date thereafter, Borrower shall pay $3,772.30 0.00 (“"Monthly Replacement Reserve Deposit”") to Lender as a deposit to the Replacement Reserve Account.

Deposits to the Replacement Reserve Account. On the Closing Date, Borrower shall deposit proceeds from the Loan in an amount equal to $0.00 with Lender as an initial deposit to the Replacement Reserve Account. Beginning on the first Payment Due Date and on each Payment Due Date thereafter, Borrower shall pay $3,772.30 9,222.33 (“Monthly Replacement Reserve Deposit”) to Lender as a deposit to the Replacement Reserve Account.