The mortgagor shall deposit cash with the mortgagee, or in a depository satisfactory to the mortgagee and under control of the mortgagee, in accordance with terms, conditions and standards established by the Commissioner for:
Accruals for taxes, ground rates, mortgage insurance premiums, and property insurance premiums, during the course of construction;
Meeting the cost of equipping and renting the project subsequent to its completion in whole or part; and
Allocation by the mortgagee for assessments required by the terms of the mortgage in an amount acceptable to the Commissioner.
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