EX-25.2 6 d243973dex252.htm EX-25.2 EX-25.2

Exhibit 25.2

 

 

 

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)

Katherine Esber

U.S. Bank National Association

10 W. Broad Street

Columbus, Ohio 43215

(614) 232-8019

(Name, address and telephone number of agent for service)

 

 

M/I Homes, Inc.

(Issuer with respect to the Securities)

 

 

 

Ohio   31-1210837
(State or other jurisdiction of
incorporation or organization)		   (I.R.S. Employer
Identification No.)
3 Easton Oval, Suite 500, Columbus, Ohio   43219
(Address of Principal Executive Offices)   (Zip Code)

 

 

(See table of co-obligors on the following page)

 

 

Subordinated Debt Securities

Guarantees of Subordinated Debt Securities

(Title of the Indenture Securities)

 

 

 

TABLE OF CO-REGISTANTS

 

Exact name of co-obligor as specified in its charter*

    State or other jurisdiction
of incorporation or
organization		    I.R.S. Employer
Identification Number
MHO Holdings, LLC    Florida    75-3087795
MHO, LLC    Florida    75-3087795
M/I Homes Development I, LLC    Delaware    31-1210837
M/I Homes Development II, LLC    Delaware    31-1210837
M/I Homes Development III, LLC    Delaware    31-1210837
M/I Homes First Indiana LLC    Indiana    31-1210837
M/I Homes of Austin, LLC    Ohio    80-0739449
M/I Homes of Central Ohio, LLC    Ohio    36-4530649
M/I Homes of Charlotte, LLC    Delaware    73-1668983
M/I Homes of Chicago, LLC    Delaware    41-2240732
M/I Homes of Cincinnati, LLC    Ohio    37-1466139
M/I Homes of DC, LLC    Delaware    73-1668967
M/I Homes of Delaware, LLC    Delaware    32-0441087
M/I Homes of DFW, LLC    Delaware    46-3294033
M/I Homes of Florida, LLC    Florida    75-3087790
M/I Homes of Houston, LLC    Delaware    80-0569230
M/I Homes of Indiana, L.P.    Indiana    04-3661814
M/I Homes of Minneapolis/St. Paul, LLC    Delaware    47-4772043
M/I Homes of Orlando, LLC    Florida    75-3087793
M/I Homes of Raleigh, LLC    Delaware    73-1668974
M/I Homes of San Antonio, LLC    Delaware    80-0687761
M/I Homes of Sarasota, LLC    Delaware    47-4842229
M/l Homes of Tampa, LLC    Florida    75-3087792
M/I Homes of West Palm Beach, LLC    Florida    75-3087794
M/I Homes Second Indiana LLC    Indiana    31-1210837
M/I Homes Service, LLC    Ohio    31-1626248
Northeast Office Venture, Limited Liability Company    Delaware    31-1444839
Prince Georges Utilities, LLC    Maryland    27-2403139
The Fields at Perry Hall, L.L.C.    Maryland    52-2293749
Wilson Farm, L.L.C.    Maryland    52-2009441

 

* The address, including zip code, and telephone number, including area code, of each co-registrant’s principal executive offices are the same as those of M/I Homes, Inc.

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, attached as Exhibit 2.*

 

  3. A copy of the certificate of authority of the Trustee to exercise corporate trust powers, attached as Exhibit 3.*

 

  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, 2016 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 Form S-4, Registration Number 333-128217, filed on November 15, 2005.
** Incorporated by reference to Exhibit 25.1 to registration statement on Form S-4, Registration Number 333-166527, filed on May 5, 2010.

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 Columbus, State of Ohio on the 31th of October, 2016.

 

U.S. BANK NATIONAL ASSOCIATION
By:   /s/ Katherine Esber
  Katherine Esber
  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: October 31, 2016

 

U.S. BANK NATIONAL ASSOCIATION
By:   /s/ Katherine Esber
  Katherine Esber
  Vice President

Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

As of 6/30/2016

($000’s)

 

     6/30/2016  

Assets

   

Cash and Balances Due From Depository Institutions

    $ 14,010,590   

Securities

      108,246,267   

Federal Funds

      68,244   

Loans & Lease Financing Receivables

      268,104,901   

Fixed Assets

      5,866,910   

Intangible Assets

      12,591,165   

Other Assets

      24,574,630   
  

 

 

  

Total Assets

    $ 433,462,707   

Liabilities

   

Deposits

    $ 327,848,275   

Fed Funds

      1,179,456   

Treasury Demand Notes

      0   

Trading Liabilities

      2,172,890   

Other Borrowed Money

      40,280,996   

Acceptances

      0   

Subordinated Notes and Debentures

      3,800,000   

Other Liabilities

      13,036,463   
  

 

 

  

Total Liabilities

    $ 388,318,080   

Equity

   

Common and Preferred Stock

      18,200   

Surplus

      14,266,915   

Undivided Profits

      30,049,363   

Minority Interest in Subsidiaries

      810,149   
  

 

 

  

Total Equity Capital

    $ 45,144,627   

Total Liabilities and Equity Capital

    $ 433,462,707