EXHIBIT 25.2
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM T-1
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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)
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THE FIRST NATIONAL BANK OF CHICAGO
(Exact name of trustee as specified in its charter)
A NATIONAL BANKING ASSOCIATION 00-0000000
(I.R.S. Employer Identification No.)
XXX XXXXX XXXXXXXX XXXXX, XXXXXXX, XXXXXXXX 00000-0000
(Address of principal executive offices) (Zip code)
THE FIRST NATIONAL BANK OF CHICAGO
XXX XXXXX XXXXXXXX XXXXX, XXXXX 0000
XXXXXXX, XXXXXXXX 00000-0000
ATTN: XXXX X. XXXXXXXXX, LAW DEPARTMENT (000) 000-0000
(Name, address and telephone number of agent for service)
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XXXX DEERE CAPITAL CORPORATION
(Exact name of obligor as specified in its charter)
DELAWARE 00-0000000
(State or other jurisdiction of (I.R.S. Employer Identification
incorporation or organization) No.)
0 XXXX XXXXX XXXXXX, XXXXX 000, 00000
XXXX, XX
(Address of principal executive (Zip code)
offices)
DEBT SECURITIES
(Title of Indenture Securities)
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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 Currency, Washington, D.C., Federal Deposit Insurance Corporation,
Washington, D.C., The Board of Governors of the Federal Reserve System, Washington
D.C.
(B) WHETHER IT IS AUTHORIZED TO EXERCISE CORPORATE TRUST POWERS.
The trustee is authorized to exercise corporate trust powers.
ITEM 2. AFFILIATIONS WITH THE OBLIGOR. IF THE OBLIGOR IS AN AFFILIATE OF THE TRUSTEE,
DESCRIBE EACH SUCH AFFILIATION.
No such affiliation exists with the trustee.
ITEM 16. LIST OF EXHIBITS. LIST BELOW ALL EXHIBITS FILED AS A PART OF THIS STATEMENT OF
ELIGIBILITY.
1. A copy of the articles of association of the trustee now in effect.*
2. A copy of the certificates of authority of the trustee to commence business.*
3. A copy of the authorization of the trustee to exercise corporate trust powers.*
4. A copy of the existing by-laws of the trustee.*
5. Not Applicable.
6. The consent of the trustee required by Section 321(b) of the Act.
7. A copy of the latest report of condition of the trustee published pursuant to
law or the requirements of its supervising or examining authority.
8. Not Applicable.
9. Not Applicable.
Pursuant to the requirements of the Trust Indenture Act of 1939, as amended,
the trustee, The First National Bank of Chicago, a national banking association
organized and existing under the laws of the United States of America, has duly
caused this Statement of Eligibility to be signed on its behalf by the
undersigned, thereunto duly authorized, all in the City of Chicago and State of
Illinois, on the 11th day of March, 1997.
THE FIRST NATIONAL BANK OF CHICAGO,
TRUSTEE
By /s/ XXXXXXX X. XXXXXXX
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Xxxxxxx X. Xxxxxxx
VICE PRESIDENT
* EXHIBITS 1, 2, 3 AND 4 ARE HEREIN INCORPORATED BY REFERENCE TO EXHIBITS
BEARING IDENTICAL NUMBERS IN ITEM 16 OF THE FORM T-1 OF THE FIRST NATIONAL BANK
OF CHICAGO, FILED AS EXHIBIT 25.1 TO THE REGISTRATION STATEMENT ON FORM S-3 OF
SUNAMERICA INC. FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON OCTOBER 25,
1996 (REGISTRATION NO. 333-14201).
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EXHIBIT 6
THE CONSENT OF THE TRUSTEE REQUIRED
BY SECTION 321(b) OF THE ACT
March 11, 1997
Securities and Exchange Commission
Washington, D.C. 20549
Gentlemen:
In connection with the qualification of an indenture between Xxxx Deere
Capital Corporation and The First National Bank of Chicago, the undersigned, in
accordance with Section 321(b) of the Trust Indenture Act of 1939, as amended,
hereby consents that the reports of examinations of the undersigned, made by
Federal or State authorities authorized to make such examinations, may be
furnished by such authorities to the Securities and Exchange Commission upon its
request therefor.
Very truly yours,
THE FIRST NATIONAL BANK OF CHICAGO
By /s/ XXXXXXX X. XXXXXXX
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Xxxxxxx X. Xxxxxxx
VICE PRESIDENT
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EXHIBIT 7
Legal Title of Bank: The First National Bank of Chicago Call Date: 12/31/96
ST-BK: 17-1630 FFIEC
031
Address: One First Xxxxxxxx Xxxxx, Xxx 0000 Xxxx XX-0
Xxxx, Xxxxx Zip: Xxxxxxx, XX 00000
FDIC Certificate No.: 0/3/6/1/8
CONSOLIDATED REPORT OF CONDITION FOR INSURED COMMERCIAL
AND STATE-CHARTERED SAVINGS BANKS FOR DECEMBER 31, 1996
All schedules are to be reported in thousands of dollars. Unless otherwise
indicated, report the amount outstanding of the last business day of the
quarter.
SCHEDULE RC--BALANCE SHEET
C400
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DOLLAR AMOUNTS IN BIL MIL
THOUSANDS RCFD THOU (
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ASSETS
1. Cash and balances due from depository institutions (from
Schedule RC-A):
a. Noninterest-bearing balances and currency and coin(1)..... 0081 4,586,399 1.a.
b. Interest-bearing balances(2).............................. 0071 5,224,838 1.b.
2. Securities
a. Held-to-maturity securities(from Schedule RC-B, column
A)......................................................... 1754 0 2.a.
b. Available-for-sale securities (from Schedule RC-B, column
D)......................................................... 1773 3,335,304 2.b.
3. Federal funds sold and securities purchased under agreements
to resell in domestic offices of the bank and its Edge and
Agreement subsidiaries, and in IBFs:
a. Federal Funds sold........................................ 0276 4,157,626 3.a.
b. Securities purchased under agreements to resell........... 0277 96,125 3.b.
4. Loans and lease financing receivables:
a. Loans and leases, net of unearned income (from Schedule
RC-C)...................................................... RCFD 2122 23,448,929 4.a.
b. LESS: Allowance for loan and lease losses................. RCFD 3123 419,373 4.b.
c. LESS: Allocated transfer risk reserve..................... RCFD 3128 0 4.c.
d. Loans and leases, net of unearned income, allowance, and
reserve (item 4.a minus 4.b and 4.c)....................... 2125 23,029,556 4.d.
5. Assets held in trading accounts.............................. 3545 7,888,514 5.
6. Premises and fixed assets (including capitalized leases)..... 2145 701,700 6.
7. Other real estate owned (from Schedule RC-M)................. 2150 11,061 7.
8. Investments in unconsolidated subsidiaries and associated
companies (from Schedule RC-M)............................. 2130 62,681 8.
9. Customers' liability to this bank on acceptances
outstanding................................................ 2155 480,933 9.
10. Intangible assets (from Schedule RC-M)....................... 2143 303,014 10.
11. Other assets (from Schedule RC-F)............................ 2160 1,745,155 11.
12. Total assets (sum of items 1 through 11)..................... 2170 51,622,906 12.
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(1) Includes cash items in process of collection and unposted debits.
(2) Includes time certificates of deposit not held for trading.
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Legal Title of Bank: The First National Bank of Chicago Call Date: 12/31/96
ST-BK: 17-1630 FFIEC
031
Address: One First Xxxxxxxx Xxxxx, Xxx 0000 Xxxx XX-0
Xxxx, Xxxxx Zip: Xxxxxxx, XX 00000
FDIC Certificate No.: 0/3/6/1/8
SCHEDULE RC--CONTINUED
DOLLAR AMOUNTS IN
THOUSANDS BIL MIL THOU
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LIABILITIES
13. Deposits:
a. In domestic offices (sum of totals of columns
A and C from Schedule RC-E, part 1)............ RCON 2200 22,032,796 13.a.
(1) Noninterest-bearing(1)....................... RCON 6631 9,190,670 13.a.1
(2) Interest-bearing............................. RCON 6636 12,842,126 13.a.2
b. In foreign offices, Edge and Agreement
subsidiaries, and IBFs (from Schedule RC-E,
part II)....................................... RCFN 2200 10,861,857 13.b.
(1) Noninterest bearing.......................... RCFN 6631 285,745 13.b.1
(2) Interest-bearing............................. RCFN 6636 10,576,382 13.b.2
14. Federal funds purchased and securities sold under
agreements to repurchase in domestic offices of
the bank and of its Edge and Agreement
subsidiaries, and in IBFs:
a. Federal funds purchased....................... RCFD 0278 2,639,255 14.a.
b. Securities sold under agreements to
repurchase..................................... RCFD 0279 66,564 14.b.
15. a. Demand notes issued to the U.S. Treasury...... RCON 2840 121,352 15.a.
b. Trading Liabilities........................... RCFD 3548 5,793,742 15.b.
16. Other borrowed money:
a. With original maturity of one year or less.... RCFD 2332 2,665,232 16.a.
b. With originalmaturity of more than one year... RCFD 2333 58,105 16.b.
17. Mortgage indebtedness and obligations under
capitalized leases............................. RCFD 2910 285,671 17.
18. Bank's liability on acceptance executed and
outstanding.................................... RCFD 2920 480,933 18.
19. Subordinated notes and debentures................ RCFD 3200 1,400,000 19.
20. Other liabilities (from Schedule RC-G)........... RCFD 2930 1,199,147 20.
21. Total liabilities (sum of items 13 through 20)... RCFD 2948 47,604,654 21.
22. Limited-Life preferred stock and related
surplus........................................ RCFD 3282 0 22.
EQUITY CAPITAL
23. Perpetual preferred stock and related surplus.... RCFD 3838 0 23.
24. Common stock..................................... RCFD 3230 200,858 24.
25. Surplus (exclude all surplus related to preferred
stock)......................................... RCFD 3839 2,934,523 25.
26. a. Undivided profits and capital reserves........ RCFD 3632 865,652 26.a.
b. Net unrealized holding gains (losses) on
available-for-sale securities.................. RCFD 8434 18,441 26.b.
27. Cumulative foreign currency translation
adjustments.................................... RCFD 3284 (1,222) 27.
28. Total equity capital (sum of items 23 through
27)............................................ RCFD 3210 4,018,252 28.
29. Total liabilities, limited-life preferred stock,
and equity capital (sum of items 21, 22, and
28)............................................ RCFD 3300 51,622,906 29.
Memorandum
To be reported only with the March Report of Condition.
NUMBER
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 1995 ...... RCFD
6724 N/A M.1.
1 = Independent audit of the bank conducted in accordance with generally
accepted auditing standards by a certified public accounting firm which
submits a report on the bank
2 = Independent audit of the bank's parent holding company conducted in
accordance with generally accepted auditing standards by a certified public
accounting firm which submits a report on the consolidated holding company
(but not on the bank separately)
3 = Directors' examination of the bank conducted in accordance with generally
accepted auditing standards by a certified public accounting firm (may be
required by state chartering authority)
4 = Directors' examination of the bank performed by other external auditors (may
be required by state chartering authority)
5 = Review of the bank's financial statements by external auditors
6 = Compilation of the bank's financial statements by external auditors
7 = Other audit procedures (excluding tax preparation work)
8 = No external audit work
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(1) Includes total demand deposits and noninterest-bearing time and savings
deposits.
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