Impound Account definition

Impound Account means the account that Trustor may be required to maintain pursuant to Section 4.6.2. of this Deed of Trust for the deposit of amounts required to pay Impositions and insurance premiums.

Impound Account is defined in Section 5.3(b).

Impound Account. Section 1.2

Examples of Impound Account in a sentence

• Also purchased when Title Company collects for Impound account it is holding.

• Instead it not only stopped funding but diverted more money from the 12 Construction Impound account, including more than $788,000 in April, 2008 and another half 13 million dollars in May.

• Such report shall include the following:• Certification of owner occupancy by the Borrower• Third party documentation showing the Borrower’s residency such as a PG&E or other utility statement verifying the Borrower’s residency address.• Other information reasonably required by the City to demonstrate Borrower’s owner occupancy of the Property as his/her principal place of residence.Property Taxes and Insurance Monitoring An Impound account for taxes and hazard insurance is required.

• The funding comes from the Impound account, which is funded directly from Refuse Rate revenue collected from SF resident and business ratepayers by Recology for recycling, composting and refuse collection services and processing.

• Vendor shall indicate if taxpayer is enrolled in an Impound account to taxpayer as an alert prior to accepting payment.

More Definitions of Impound Account

Impound Account shall have the meaning set forth in Section 1.09(c).

Impound Account. The account that Trustor may be required to maintain pursuant to a Paragraph 26 hereof for the deposit of amounts required to pay real estate taxes and assessments and insurance premiums.

Impound Account has the meaning given to such term in Section 9.2 of this Agreement.

Impound Account. The meaning set forth in Section 3.1.

Impound Account the account that Trustor may be required to maintain pursuant to Section 4.6.2 of this Deed of Trust for the deposit of amounts required to pay Impositions and insurance premiums.

Impound Account shall have the meaning set forth in Section 4.6 hereof.

Impound Account means a type of account for payment of taxes on real property, insurance premiums, or other purposes relating to the property. Such an account may be structured as an impound, trust, or other type of account.