3 lg. eggs (4 sm. to med.)
1 (10 oz.) can sweetened condensed milk
1 (10 oz.) can water
1 tsp. vanilla
1/2 - 3/4 c. sugar

In a blender, beat eggs. Add condensed milk, water and vanilla. Blend all together until creamy. In a non-stick skillet, melt sugar at a low temperature until golden brown, being careful not to burn, for it will be too bitter. Pour caramelized sugar into a 9"x9" or 8"x8" baking pan. Pour blended mixture on to of caramelized sugar, pouring carefully so as not to blend with sugar. (Two separate layers.) Set baking pan into a larger baking pan with water in it. Bake at 350 degrees for 50 to 60 minutes. Remove from oven. Let cool 1 to 2 hours. Loosen edges and invert carefully onto serving dish. Refrigerate about 2 hours before serving.