Satin Fudge Sauce

4 oz. semisweet chocolate, chopped
1/3 cup butter
1-1/2 cups powdered sugar
1 5-oz. can evaporated milk
1 tsp. vanilla

Combine all ingredients except vanilla in heavy saucepan. Cook, stirring constantly, over medium heat until mixture boils. Reduce heat to low and cook for 5 minutes, stirring constantly. Remove from heat and stir in vanilla. Serve warm over ice cream or desserts. Store in refrigerator.

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