Because the mortgage conveys a complex claim for a long period of time, clauses are included in anticipation of possible future complications. Which of the following clauses requires a borrower to make monthly deposits into an account in order to pay obligations such as property taxes, community association fees, or causality insurance premiums?

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The clause that requires a borrower to make monthly deposits into an account in order to pay obligations such as property taxes, community association fees, or casualty insurance premiums is the Escrow clause. This ensures that the lender is protected from potential financial loss due to the borrower's failure to pay these expenses.

Because the Mortgage Conveys a Complex Claim for a Long