V. RESERVE INFORMATION Within _______________ months after the Effective Completion Period Date or as otherwise shown on the Required Repair Schedule. Initial Replacement Reserve $_______________ Deposit $_______________ Maximum Inspection Fee _______________ time(s) per calendar Maximum Repair Disbursement Interval [month][quarter] Maximum Replacement Reserve _______________ time(s) per calendar [month][quarter] Disbursement Interval Minimum Repairs Disbursement $_______________ Amount Minimum Replacement Reserve $_______________ Disbursement Amount Monthly Replacement Reserve $_______________ Deposit Repair Threshold $_______________ Repairs Escrow Account $_______________, payable [one time][monthly] Administrative Fee $_______________ Repairs Escrow Deposit Replacement Reserve Account $_______________, payable [monthly][annually] Administration Fee Replacement Reserve Account [monthly][quarterly] Interest Disbursement Frequency Replacement Threshold $_______________ ____________________ Borrower Initials
V. RESERVE INFORMATION Completion Period Within _______________ months after the Effective Date or as otherwise shown on the Required Repair Schedule. Initial Replacement Reserve Deposit $_______________ Maximum Inspection Fee $_______________ Maximum Repair Disbursement Interval _______________ time(s) per calendar [month][quarter] Maximum Replacement Reserve Disbursement Interval _______________ time(s) per calendar [month][quarter] Minimum Repairs Disbursement Amount $_______________ Minimum Replacement Reserve Disbursement Amount $_______________ Monthly Replacement Reserve Deposit $_______________ Repair Threshold $_______________ Repairs Escrow Account Administrative Fee $_______________, payable [one time][monthly] Repairs Escrow Deposit $_______________ Replacement Reserve Account Administration Fee $_______________, payable [monthly][annually] Replacement Reserve Account Interest Disbursement Frequency [monthly][quarterly] Replacement Threshold $_______________ ____________________ Borrower Initials
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