304.03
Shortfalls
Requirements
T&I Custodial Account T&I Custodial AccountCustodial Account for the deposit of T&I and other impound escrow funds. shortfalls must be paid by
- the Borrower BorrowerPerson who is the obligor per the Note. , or
- you (i.e., a Servicing Advance Servicing AdvanceAll amounts required to be paid by the Borrower, for all taxes and assessments against each Property, all insurance premiums for insurance for each Property to insurance carrier(s) acceptable to Fannie Mae, in accordance with the Guide, and any other payment, as determined by Fannie Mae,… ).