EX-25.1 13 ex25_1.htm EXHIBIT 25.1 ex25_1.htm

Exhibit 25.1
 
securities and exchange commission
Washington, D.C. 20549
__________________________

FORM T-1

STATEMENT OF ELIGIBILITY UNDER
THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
Check if an Application to Determine Eligibility of
a Trustee Pursuant to Section 305(b)(2)
_______________________________________________________

U.S. BANK  NATIONAL ASSOCIATION
(Exact name of Trustee as specified in its charter)

31-0841368
I.R.S. Employer Identification No.

800 Nicollet Mall
Minneapolis, Minnesota
 
55402
(Address of principal executive offices)
(Zip Code)

Israel A Lugo
U.S. Bank National Association
14241 Dallas Parkway
Dallas
(972) 458-4505
(Name, address and telephone number of agent for service)

(Issuer with respect to the Securities)
Centex Corporation
75-0778259
(State or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification No.)
   

2728 North Harwood
Dallas, TX
75201
(Address of Principal Executive Offices)
(Zip Code)

(Title of the Indenture Securities)

CENTEX CORPORATION
SENIOR DEBT SECURITIES (Issuable in Series)

 
 

 

FORM T-1

Item 1.
GENERAL INFORMATION.  Furnish the following information as to the Trustee.

 
a)
Name and address of each examining or supervising authority to which it is subject.
 
Comptroller of the Currency
 
Washington, D.C.

b)
Whether it is authorized to exercise corporate trust powers.
Yes

Item 2.
AFFILIATIONS WITH OBLIGOR.  If the obligor is an affiliate of the Trustee, describe each such affiliation.
 
None

Items 3-15
Items 3-15 are not applicable because to the best of the Trustee's knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee.

Item 16.
LIST OF EXHIBITS: List below all exhibits filed as a part of this statement of eligibility and qualification.

1.
A copy of the Articles of Association of the Trustee.*

2.
A copy of the certificate of authority of the Trustee to commence business.*

 
3.
A copy of the certificate of authority of the Trustee to exercise corporate trust powers.*

 
4.
A copy of the existing bylaws of the Trustee. **

 
5.
A copy of each Indenture referred to in Item 4.  Not applicable.

 
6.
The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached as Exhibit 6.

 
7.
Report of Condition of the Trustee as of September 30, 2008 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.


 
* Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on S-4, Registration Number 333-128217 filed on November 15, 2005.
 
** Incorporated by reference to Exhibit 25.1 to registration statement on S-4, Registration Number 333-145601 filed on August 21, 2007.

 
 

 

SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Dallas, State of Texas on the ­­5th of November, 2008.


 
By:
/s/ Israel A Lugo
   
Israel A Lugo
   
Vice President

 
 

 

Exhibit 6

CONSENT


In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. BANK NATIONAL ASSOCIATION hereby consents that reports of examination of the undersigned by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.


Dated:  November 5, 2008
     
 
By:
/s/ Israel A Lugo
   
Israel A Lugo
   
Vice President

 
 

 
 
Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
As of 9/30/2008

($000’s)

   
9/30/2008
 
Assets
     
Cash and Balances Due From
  $ 7,232,911  
Depository Institutions
       
Securities
    36,927,854  
Federal Funds
    3,517,817  
Loans & Lease Financing Receivables
    165,651,532  
Fixed Assets
    3,030,773  
Intangible Assets
    12,172,606  
Other Assets
    14,063,317  
Total Assets
  $ 242,596,810  
         
Liabilities
       
Deposits
  $ 147,640,677  
Fed Funds
    13,500,584  
Treasury Demand Notes
    0  
Trading Liabilities
    488,249  
Other Borrowed Money
    43,752,578  
Acceptances
    0  
Subordinated Notes and Debentures
    7,379,967  
Other Liabilities
    6,540,570  
Total Liabilities
  $ 219,302,625  
         
Equity
       
Minority Interest in Subsidiaries
  $ 1,679,593  
Common and Preferred Stock
    18,200  
Surplus
    12,057,621  
Undivided Profits
    9,538,771  
Total Equity Capital
  $ 23,294,185  
         
Total Liabilities and Equity Capital
  $ 242,596,810  


To the best of the undersigned’s determination, as of the date hereof, the above financial information is true and correct.

U.S. Bank National Association

By:
/s/ Israel A Lugo
 
Vice President


Date:  November 5, 2008