Easy Chocolate Fondue

Heat sweetened condensed milk, milk and butter in medium saucepan over Med-Low, until butter is melted.

Add chocolate morsels; stir until melted and smooth.

Remove from heat; add vanilla.

Serve immediately in fondue pot or serving dish to keep warm.

Serve as a dip with marshmallows, cubes of angel food cake, pound cake, pieces of fruit such as apples, pears, strawberries, mandarin oranges, pineapple, bananas and seedless grapes.