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AUTHORIZED AGREEMENT FOR: DIRECT PAYMENT OF REAL ESTATE AND MOBILE HOME TAXES (Please Print or Type) Name as shown on bill Address as shown on bill Daytime Phone Number City, State, Zip Financial
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An auto deduct agreement is a contractual agreement between a party and a financial institution, allowing the institution to deduct specified amounts from the party's account automatically.
Any individual or organization that wishes to have automatic deductions from their account must file an auto deduct agreement with their financial institution.
To fill out an auto deduct agreement, you need to contact your financial institution and request the necessary forms. Then, provide the required information, such as your account details, the deduction amounts, and the duration of the agreement.
The purpose of an auto deduct agreement is to authorize a financial institution to automatically deduct specified amounts from a party's account for payment purposes, such as recurring bills or loan repayments.
An auto deduct agreement typically requires the reporting of the account holder's personal or organizational details, account information, the specific deduction amounts and frequencies, and the duration of the agreement.
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