EX-25.6 11 d561416dex256.htm EX-25.6 EX-25.6

Exhibit 25.6

 

 

 

UNITED STATES

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)

 

 

DEUTSCHE BANK NATIONAL TRUST COMPANY

(Exact name of trustee as specified in its charter)

 

 

 

  13-3347003
(Jurisdiction of Incorporation or   (I.R.S. Employer
organization if not a U.S. national bank)   Identification no.)
2000 AVENUE of the STARS  
9th FL, NORTH TOWER  
LOS ANGELES, CA   90071
(Address of principal executive offices)   (Zip Code)

 

 

K. Hovnanian Enterprises, Inc.

(Exact name of obligor as specified in its charter)

 

 

 

California

 

22-2423583

(State or other jurisdiction of

incorporation or organization)

 

(IRS Employer

Identification No.)

Copies To:

110 West Front Street,

P.O. Box 500,

Red Bank, N.J., 07701

(Address and Zip Code of Principal Executive Offices)

 

 

8.625% Senior Notes Due 2017

(Title of the Indenture securities)

 

 

 


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.

 

Name

  

Address

Office of the Comptroller    1114 Avenue of the
of the Currency    Americas, Suite 3900
   New York, New York 10036

 

  (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.

 

Item 3. -15. Not Applicable

 

Item 16. List of Exhibits.

 

Exhibit 1 -   Articles of Association as amended on April 15, 2002*
Exhibit 2 -   Certificate of the Comptroller of the Currency dated March 11, 2004*
Exhibit 3 -   Certification of Fiduciary Powers dated March 11, 2004*
Exhibit 4 -   Existing By-Laws of Deutsche Bank National Trust Company as amended dated May 21, 2003*
Exhibit 5 -   Not applicable.
Exhibit 6 -   Consent of Deutsche Bank National Trust Company required by Section 321(b) of the Act. Copy attached.
Exhibit 7 -   Reports of Condition of Deutsche Bank National Trust Company, dated as of March 31, 2013. Copy attached.
Exhibit 8 -   Not Applicable.
Exhibit 9 -   Not Applicable.

 

* Incorporated by reference to Registration Number 333-113187


SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939 the trustee, Deutsche Bank National Trust Company, a national banking association, organized and existing under the laws of the United States, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the city of Santa Ana, and State of California, on the 3rd day of July, 2013.

 

DEUTSCHE BANK NATIONAL TRUST COMPANY
By:  

/s/ Victoria Y. Douyon

Name:   Victoria Y. Douyon
Title:   Vice President


Exhibit 6

CONSENT OF TRUSTEE

Pursuant to the requirements of Section 321(b) of the Trust Indenture Act of 1939 in connection with the proposed issue by K. Hovnanian Enterprises, Inc., we hereby consent that reports of examination by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange commission upon request therefor.

July 3, 2013

 

Deutsche Bank National Trust Company
By:  

/s/ Victoria Y. Douyon

  Victoria Y. Douyon
  Vice President


Exhibit 7

 

DEUTSCHE BANK NATIONAL TRUST COMPANY

  
   Quarter End Date 3/31/2013

Balance Sheet

 

Dollar amounts in thousands                      

1. Cash and balances due from depository institutions (from Schedule RC-A):

         1.

a. Noninterest-bearing balances and currency and coin

     RCON0081         0       1.a.

b. Interest-bearing balances

     RCON0071         25,594       1.b.

2. Securities:

         2.

a. Held-to-maturity securities (from Schedule RC-B, column A)

     RCON1754         0       2.a.

b. Available-for-sale securities (from Schedule RC-B, column D)

     RCON1773         97,236       2.b.

3. Federal funds sold and securities purchased under agreements to resell:

         3.

a. Federal funds sold

     RCONB987         0       3.a.

b. Securities purchased under agreements to resell

     RCONB989         0       3.b.

4. Loans and lease financing receivables (from Schedule RC-C):

         4.

a. Loans and leases held for sale

     RCON5369         0       4.a.

b. Loans and leases, net of unearned income

     RCONB528         0       4.b.

c. LESS: Allowance for loan and lease losses

     RCON3123         0       4.c.

d. Loans and leases, net of unearned income and allowance (item 4.b minus 4.c)

     RCONB529         0       4.d.

5. Trading assets (from Schedule RC-D)

     RCON3545         0       5.

6. Premises and fixed assets (including capitalized leases)

     RCON2145         899       6.

7. Other real estate owned (from Schedule RC-M)

     RCON2150         0       7.

8. Investments in unconsolidated subsidiaries and associated companies

     RCON2130         0       8.

9. Direct and indirect investments in real estate ventures

     RCON3656         0       9.

10. Intangible assets:

         10.

a. Goodwill

     RCON3163         0       10.a.

b. Other intangible assets (from Schedule RC-M)

     RCON0426         0       10.b.

11. Other assets (from Schedule RC-F)

     RCON2160         37,250       11.

12. Total assets (sum of items 1 through 11)

     RCON2170         160,979       12.

13. Deposits:

         13.

a. In domestic offices (sum of totals of columns A and C from Schedule RC-E)

     RCON2200         0       13.a.

1. Noninterest-bearing

     RCON6631         0       13.a.1.

2. Interest-bearing

     RCON6636         0       13.a.2.

b. Not applicable

         13.b.

14. Federal funds purchased and securities sold under agreements to repurchase:

         14.

a. Federal funds purchased

     RCONB993         0       14.a.

b. Securities sold under agreements to repurchase

     RCONB995         0       14.b.

15. Trading liabilities (from Schedule RC-D)

     RCON3548         0       15.

16. Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases) (from Schedule RC-M)

     RCON3190         0       16.

17. Not applicable

         17.

18. Not applicable

         18.

19. Subordinated notes and debentures

     RCON3200         0       19.

20. Other liabilities (from Schedule RC-G)

     RCON2930         28,603       20.

21. Total liabilities (sum of items 13 through 20)

     RCON2948         28,603       21.

22. Not applicable

         22.

23. Perpetual preferred stock and related surplus

     RCON3838         0       23.

24. Common stock

     RCON3230         50,000       24.

25. Surplus (exclude all surplus related to preferred stock)

     RCON3839         50,539       25.

26. Not available

         26.

a. Retained earnings

     RCON3632         31,815       26.a.

b. Accumulated other comprehensive income

     RCONB530         22       26.b.

c. Other equity capital components

     RCONA130         0       26.c.

27. Not available

         27.

a. Total bank equity capital (sum of items 23 through 26.c)

     RCON3210         132,376       27.a.

b. Noncontrolling (minority) interests in consolidated subsidiaries

     RCON3000         0       27.b.

28. Total equity capital (sum of items 27.a and 27.b)

     RCONG105         132,376       28.

29. Total liabilities and equity capital (sum of items 21 and 28)

     RCON3300         160,979       29.


Dollar amounts in thousands                      

1. Indicate in the box at the right the number of the statement below that best describes the most comprehensive level of auditing work performed for the bank by independent external auditors as of any date during 2012

     RCON6724         2       M.1.

2. Bank’s fiscal year-end date

     RCON8678         1231       M.2.