Hot Fudge Sauce

1 (14 oz) can Eagle Brand sweetened condensed milk
6 oz semisweet chocolate (such as Bakers but i didnt have that, so I used chocolate chips)
2 tables butter
1 teas vanilla
Over low heat melt chocolate with milk. Stir continually until all chocolate is melted. Take off the heat and Add the butter and vanilla. Stir until butter has melted. Keeps for 1 week in covered jar.
Serve warm over cakes, brownies or ice cream.


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