Common Contracts
1 similar Reserve Agreement contracts
RESERVE AGREEMENTReserve Agreement • November 21st, 2016
We (I) wish to establish a Tax and/or Insurance Reserve and/or Reserve with Payment Servicing Corporation (PSC). We will be paying $ , in addition to interest and principal amounts established in our Note/Contract. Funds will be set aside for payment from the RESERVE ACCOUNT as the RESERVE comes due. It is understood funds on deposit in the RESERVE are “Non Interest Bearing”.
